UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F COVER PAGE
OMB APPROVAL
OMB Number:3235-0006
Expires:July 31, 2015
Estimated average burden
hours per response:23.8
Report for the Calendar Year or Quarter Ended:
12-31-2022
Check here if Amendment: ☐ Amendment Number:
This Amendment (Check only one.):☐ is a restatement.
☐ adds new holdings entries.

Institutional Investment Manager Filing this Report:

Name:
GRIFFIN ASSET MANAGEMENT, INC.
Address:
230 Park Avenue
4th Floor
New York, NY 10169
Form 13F File Number:
028-03051

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.


Person Signing this Report on Behalf of Reporting Manager:
Name:
Duncan Smith
Title:
Chief Compliance Officer
Phone:
212-551-1442


Signature, Place, and Date of Signing:

Duncan Smith
                         [Signature]
New York, NEW YORK
                 [City, State]
01-20-2023
                           [Date]
                          

Report Type (Check only one.):

☒ 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.) 

☐ 13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).) 

☐ 13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)


Form 13F Summary Page

Report Summary:

Number of Other Included Managers:
0
Form 13F Information table Entry Total:
205
Form 13F Information table Value Total:
663132532
          (thousands)

List of Other Included Managers:

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.
[If there are no entries in this list, state "NONE" and omit the column headings and list entries.]

  
NONE


UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number:3235-0006
Expires:July 31, 2015
Estimated average burden
hours per response:23.8
COLUMN 1COLUMN 2COLUMN 3COLUMN 4COLUMN 5COLUMN 6COLUMN 7COLUMN 8
VALUESHRS ORSH/PUT/INVESTMENTOTHERVOTING AUTHORITY
NAME OF ISSUERTITLE OF CLASSCUSIP(x$1000)PRN AMTPRNCALLDISCRETIONMANAGERSOLESHAREDNONE
3M COCOM88579Y1013,255,22827,145SHSOLE27,145 0 0
ABBOTT LABSCOM0028241007,077,61264,465SHSOLE64,465 0 0
ABBVIE INCCOM00287Y10914,354,20088,820SHSOLE88,820 0 0
ACCELERATE DIAGNOSTICS INCCOM00430H1026,050,2388,569,742SHSOLE8,569,742 0 0
ACCENTURE PLC IRELANDSHS CLASS AG1151C101758,8932,844SHSOLE2,844 0 0
AIR PRODS & CHEMS INCCOM0091581062,820,8879,151SHSOLE9,151 0 0
ALBEMARLE CORPCOM0126531013,409,69015,723SHSOLE15,723 0 0
ALPHABET INCCAP STK CL C02079K1073,701,54941,717SHSOLE41,717 0 0
ALPHABET INCCAP STK CL A02079K3053,970,08544,997SHSOLE44,997 0 0
ALPS ETF TRALERIAN MLP00162Q452567,89014,917SHSOLE14,917 0 0
ALTRIA GROUP INCCOM02209S1031,550,71233,925SHSOLE33,925 0 0
AMAZON COM INCCOM0231351066,189,20473,681SHSOLE73,681 0 0
AMERICAN EXPRESS COCOM0258161098,549,25857,863SHSOLE57,863 0 0
AMERICAN TOWER CORP NEWCOM03027X1001,720,7278,122SHSOLE8,122 0 0
AMGEN INCCOM031162100243,993929SHSOLE929 0 0
APA CORPORATIONCOM03743Q1087,274,658155,841SHSOLE155,841 0 0
APPLE INCCOM03783310026,551,325204,351SHSOLE204,351 0 0
ARCHROCK INCCOM03957W106104,10511,593SHSOLE11,593 0 0
ARES CAPITAL CORPCOM04010L103881,35147,718SHSOLE47,718 0 0
ASML HOLDING N VN Y REGISTRY SHSN070592104,619,8128,455SHSOLE8,455 0 0
AT&T INCCOM00206R102723,16339,281SHSOLE39,281 0 0
AXON ENTERPRISE INCCOM05464C101236,7821,427SHSOLE1,427 0 0
BANK AMERICA CORPCOM0605051049,774,374295,120SHSOLE295,120 0 0
BCE INCCOM NEW05534B760232,2765,285SHSOLE5,285 0 0
BERKLEY W R CORPCOM0844231022,574,71135,479SHSOLE35,479 0 0
BERKSHIRE HATHAWAY INC DELCL A0846701087,030,66415SHSOLE15 0 0
BERKSHIRE HATHAWAY INC DELCL B NEW0846707023,854,14512,477SHSOLE12,477 0 0
BIOMARIN PHARMACEUTICAL INCCOM09061G1011,547,79614,956SHSOLE14,956 0 0
BLACKSTONE INCCOM09260D1075,814,27078,370SHSOLE78,370 0 0
BLACKSTONE MTG TR INCCOM CL A09257W100435,23420,559SHSOLE20,559 0 0
BOEING COCOM0970231057,757,70540,725SHSOLE40,725 0 0
BRISTOL-MYERS SQUIBB COCOM1101221087,277,743101,150SHSOLE101,150 0 0
BRITISH AMERN TOB PLCSPONSORED ADR110448107264,1086,606SHSOLE6,606 0 0
BROADCOM INCCOM11135F1012,127,4903,805SHSOLE3,805 0 0
BROADRIDGE FINL SOLUTIONS INCOM11133T1032,607,21919,438SHSOLE19,438 0 0
BROOKFIELD CORPCL A LTD VT SH11271J107209,1466,648SHSOLE6,648 0 0
BROOKFIELD INFRASTRUCTURE COCOM SB VTG SHS A11275Q107373,7519,608SHSOLE9,608 0 0
CATERPILLAR INCCOM1491231013,502,12814,619SHSOLE14,619 0 0
CHEVRON CORP NEWCOM16676410013,104,56573,010SHSOLE73,010 0 0
CHUBB LIMITEDCOMH1467J1041,599,1297,249SHSOLE7,249 0 0
CIGNA CORP NEWCOM1255231002,175,5786,566SHSOLE6,566 0 0
CISCO SYS INCCOM17275R102374,0227,851SHSOLE7,851 0 0
CITIGROUP INCCOM NEW172967424721,23815,946SHSOLE15,946 0 0
CLEARWAY ENERGY INCCL C18539C204591,44318,558SHSOLE18,558 0 0
CLEVELAND-CLIFFS INC NEWCOM1858991011,506,60793,520SHSOLE93,520 0 0
COCA COLA COCOM19121610011,405,464179,303SHSOLE179,303 0 0
COLGATE PALMOLIVE COCOM1941621031,393,71617,689SHSOLE17,689 0 0
COMCAST CORP NEWCL A20030N101618,51417,687SHSOLE17,687 0 0
CONOCOPHILLIPSCOM20825C1044,997,89042,355SHSOLE42,355 0 0
CONSTELLATION BRANDS INCCL A21036P1082,156,6669,306SHSOLE9,306 0 0
COSTCO WHSL CORP NEWCOM22160K1054,061,0248,896SHSOLE8,896 0 0
CRANE HLDGS COCOM2244411054,067,22140,490SHSOLE40,490 0 0
CRESTWOOD EQUITY PARTNERS LPUNIT LTD PARTNER226344208353,09413,482SHSOLE13,482 0 0
CVS HEALTH CORPCOM1266501001,974,32321,186SHSOLE21,186 0 0
DANAHER CORPORATIONCOM23585110211,516,57443,390SHSOLE43,390 0 0
DEVON ENERGY CORP NEWCOM25179M103225,0043,658SHSOLE3,658 0 0
DIAGEO PLCSPON ADR NEW25243Q2051,616,0059,069SHSOLE9,069 0 0
DISCOVER FINL SVCSCOM2547091081,630,43516,666SHSOLE16,666 0 0
DISNEY WALT COCOM2546871066,619,56176,192SHSOLE76,192 0 0
DOCUSIGN INCCOM256163106246,6194,450SHSOLE4,450 0 0
DOVER CORPCOM2600031086,348,83346,886SHSOLE46,886 0 0
DOXIMITY INCCL A26622P107435,27312,970SHSOLE12,970 0 0
DUKE ENERGY CORP NEWCOM NEW26441C204249,9572,427SHSOLE2,427 0 0
DUPONT DE NEMOURS INCCOM26614N1022,827,48741,199SHSOLE41,199 0 0
EDISON INTLCOM2810201071,566,64324,625SHSOLE24,625 0 0
EMERSON ELEC COCOM291011104917,4699,551SHSOLE9,551 0 0
ENBRIDGE INCCOM29250N1053,492,41289,320SHSOLE89,320 0 0
ENERGY TRANSFER L PCOM UT LTD PTN29273V1001,273,627107,298SHSOLE107,298 0 0
ENTERPRISE PRODS PARTNERS LCOM293792107956,06939,638SHSOLE39,638 0 0
EQUINIX INCCOM29444U7001,300,2351,985SHSOLE1,985 0 0
ETF MANAGERS TRPRIME CYBR SCRTY26924G201270,5996,143SHSOLE6,143 0 0
EXXON MOBIL CORPCOM30231G1028,491,44676,985SHSOLE76,985 0 0
FASTENAL COCOM311900104970,48620,509SHSOLE20,509 0 0
FEDEX CORPCOM31428X1061,546,6768,930SHSOLE8,930 0 0
FRANKLIN RESOURCES INCCOM354613101631,01023,920SHSOLE23,920 0 0
FREEPORT-MCMORAN INCCL B35671D8574,204,320110,640SHSOLE110,640 0 0
GENERAL DYNAMICS CORPCOM3695501081,401,8225,650SHSOLE5,650 0 0
GENERAL ELECTRIC COCOM NEW3696043012,134,46625,474SHSOLE25,474 0 0
GENERAL MLS INCCOM370334104583,3446,957SHSOLE6,957 0 0
GENUINE PARTS COCOM3724601051,320,9327,613SHSOLE7,613 0 0
GILEAD SCIENCES INCCOM3755581031,564,78818,227SHSOLE18,227 0 0
GLOBAL E ONLINE LTDSHSM5216V106270,81713,121SHSOLE13,121 0 0
GOLDMAN SACHS GROUP INCCOM38141G1047,614,79522,176SHSOLE22,176 0 0
GRACO INCCOM3841091042,208,81832,840SHSOLE32,840 0 0
GREENBRIER COS INCCOM393657101284,8378,495SHSOLE8,495 0 0
HANESBRANDS INCCOM41034510295,40015,000SHSOLE15,000 0 0
HERSHEY COCOM4278661081,458,8916,300SHSOLE6,300 0 0
HOME DEPOT INCCOM43707610212,573,12339,806SHSOLE39,806 0 0
HONEYWELL INTL INCCOM4385161069,737,79245,440SHSOLE45,440 0 0
ICAHN ENTERPRISES LPDEPOSITARY UNIT4511001011,750,66734,564SHSOLE34,564 0 0
ILLINOIS TOOL WKS INCCOM4523081095,087,82923,095SHSOLE23,095 0 0
INNOVATIVE INDL PPTYS INCCOM45781V101374,9953,700SHSOLE3,700 0 0
INTEL CORPCOM4581401004,506,315170,500SHSOLE170,500 0 0
INTERNATIONAL BUSINESS MACHSCOM4592001011,597,12911,336SHSOLE11,336 0 0
INVESCO QQQ TRUNIT SER 146090E1034,714,22117,704SHSOLE17,704 0 0
IRON MTN INC DELCOM46284V101288,0835,779SHSOLE5,779 0 0
ISHARES TRISHARES BIOTECH464287556415,5333,165SHSOLE3,165 0 0
ISHARES TRCORE S&P500 ETF464287200991,2622,580SHSOLE2,580 0 0
ISHARES TRS&P MC 400VL ETF464287705585,6485,810SHSOLE5,810 0 0
ISHARES TRS&P MC 400GR ETF464287606558,2168,173SHSOLE8,173 0 0
ISHARES TRU.S. ENERGY ETF464287796325,3846,999SHSOLE6,999 0 0
JOHN MARSHALL BANCORP INCCOM47805L101231,8528,056SHSOLE8,056 0 0
JOHNSON & JOHNSONCOM47816010413,985,02779,168SHSOLE79,168 0 0
JPMORGAN CHASE & COCOM46625H1009,318,87769,492SHSOLE69,492 0 0
KELLOGG COCOM4878361081,217,99017,097SHSOLE17,097 0 0
KINDER MORGAN INC DELCOM49456B1011,926,135106,534SHSOLE106,534 0 0
KLA CORPCOM NEW482480100550,4641,460SHSOLE1,460 0 0
L3HARRIS TECHNOLOGIES INCCOM5024311091,091,0205,240SHSOLE5,240 0 0
LAUDER ESTEE COS INCCL A518439104287,0631,157SHSOLE1,157 0 0
LILLY ELI & COCOM532457108269,624737SHSOLE737 0 0
LINCOLN ELEC HLDGS INCCOM533900106288,9802,000SHSOLE2,000 0 0
LINDE PLCSHSG5494J103994,1973,048SHSOLE3,048 0 0
LOCKHEED MARTIN CORPCOM5398301095,007,92810,294SHSOLE10,294 0 0
MAGELLAN MIDSTREAM PRTNRS LPCOM UNIT RP LP559080106251,0505,000SHSOLE5,000 0 0
MAGNITE INCCOM55955D1001,298,429122,609SHSOLE122,609 0 0
MARTIN MARIETTA MATLS INCCOM5732841061,736,1525,137SHSOLE5,137 0 0
MATADOR RES COCOM5764852054,274,91274,684SHSOLE74,684 0 0
MCDONALDS CORPCOM5801351012,509,3339,522SHSOLE9,522 0 0
MEDICAL PPTYS TRUST INCCOM58463J304131,67511,820SHSOLE11,820 0 0
MEDTRONIC PLCSHSG5960L1031,103,70214,201SHSOLE14,201 0 0
MERCADOLIBRE INCCOM58733R1021,460,6101,726SHSOLE1,726 0 0
MERCK & CO INCCOM58933Y10513,475,210121,453SHSOLE121,453 0 0
META PLATFORMS INCCL A30303M1021,129,1509,383SHSOLE9,383 0 0
METLIFE INCCOM59156R108263,4273,640SHSOLE3,640 0 0
MICROSOFT CORPCOM59491810421,669,17690,356SHSOLE90,356 0 0
MORGAN STANLEYCOM NEW6174464482,048,38724,093SHSOLE24,093 0 0
MP MATERIALS CORPCOM CL A5533681011,190,15749,018SHSOLE49,018 0 0
MPLX LPCOM UNIT REP LTD55336V100607,50718,499SHSOLE18,499 0 0
NANO X IMAGING LTDORD SHSM707001051,597,681216,488SHSOLE216,488 0 0
NEXTERA ENERGY INCCOM65339F101376,2004,500SHSOLE4,500 0 0
NIKE INCCL B6541061033,914,80433,457SHSOLE33,457 0 0
NIO INCSPON ADS62914V106826,65484,785SHSOLE84,785 0 0
NOVO-NORDISK A SADR670100205891,8916,590SHSOLE6,590 0 0
NUCOR CORPCOM670346105255,0521,935SHSOLE1,935 0 0
NVIDIA CORPORATIONCOM67066G1042,371,56016,228SHSOLE16,228 0 0
NXP SEMICONDUCTORS N VCOMN6596X109639,8634,049SHSOLE4,049 0 0
OKTA INCCL A679295105269,0153,937SHSOLE3,937 0 0
ORACLE CORPCOM68389X1055,852,99371,605SHSOLE71,605 0 0
OUTSET MED INCCOM6901451071,107,98842,912SHSOLE42,912 0 0
PARAMOUNT GLOBALCLASS B COM92556H206956,69156,676SHSOLE56,676 0 0
PAYCHEX INCCOM7043261072,084,70218,040SHSOLE18,040 0 0
PAYPAL HLDGS INCCOM70450Y103262,9443,692SHSOLE3,692 0 0
PEPSICO INCCOM7134481083,524,13519,507SHSOLE19,507 0 0
PFIZER INCCOM7170811033,840,23374,946SHSOLE74,946 0 0
PHILIP MORRIS INTL INCCOM7181721093,050,77330,143SHSOLE30,143 0 0
PIONEER NAT RES COCOM7237871071,130,3024,949SHSOLE4,949 0 0
PNC FINL SVCS GROUP INCCOM693475105797,5975,050SHSOLE5,050 0 0
PRICE T ROWE GROUP INCCOM74144T1081,994,70718,290SHSOLE18,290 0 0
PROCTER AND GAMBLE COCOM7427181095,725,33137,776SHSOLE37,776 0 0
PROLOGIS INC.COM74340W1031,040,9499,234SHSOLE9,234 0 0
PRUDENTIAL FINL INCCOM744320102225,3762,266SHSOLE2,266 0 0
PULSE BIOSCIENCES INCCOM74587B101487,224175,893SHSOLE175,893 0 0
QUALCOMM INCCOM7475251036,738,00361,288SHSOLE61,288 0 0
RAYTHEON TECHNOLOGIES CORPCOM75513E1012,547,42325,242SHSOLE25,242 0 0
REALTY INCOME CORPCOM7561091041,349,85421,281SHSOLE21,281 0 0
RED ROCK RESORTS INCCL A75700L108223,1365,577SHSOLE5,577 0 0
ROPER TECHNOLOGIES INCCOM7766961061,026,6462,376SHSOLE2,376 0 0
ROSS STORES INCCOM7782961031,084,2109,341SHSOLE9,341 0 0
RPM INTL INCCOM7496851033,631,76737,268SHSOLE37,268 0 0
S&P GLOBAL INCCOM78409V104602,8921,800SHSOLE1,800 0 0
SCHLUMBERGER LTDCOM STK8068571084,178,43478,160SHSOLE78,160 0 0
SCHWAB CHARLES CORPCOM8085131051,411,67316,955SHSOLE16,955 0 0
SHELL PLCSPON ADS7802593053,895,15268,396SHSOLE68,396 0 0
SHERWIN WILLIAMS COCOM8243481061,964,1438,276SHSOLE8,276 0 0
SHOPIFY INCCL A82509L107348,94010,053SHSOLE10,053 0 0
SIMON PPTY GROUP INC NEWCOM828806109544,1674,632SHSOLE4,632 0 0
SNAP ON INCCOM8330341012,703,03711,830SHSOLE11,830 0 0
SOUTHERN COCOM8425871071,220,18317,087SHSOLE17,087 0 0
SPDR INDEX SHS FDSEURO STOXX 5078463X202326,3578,433SHSOLE8,433 0 0
STARBUCKS CORPCOM8552441099,813,36098,925SHSOLE98,925 0 0
STELLANTIS N.VSHSN82405106208,21514,663SHSOLE14,663 0 0
SYSCO CORPCOM8718291072,885,45237,743SHSOLE37,743 0 0
TARGET CORPCOM87612E1068,107,62754,399SHSOLE54,399 0 0
TEXAS INSTRS INCCOM8825081041,370,6658,296SHSOLE8,296 0 0
THE TRADE DESK INCCOM CL A88339J1052,875,57664,144SHSOLE64,144 0 0
THOMSON REUTERS CORP.COM NEW884903709698,1086,120SHSOLE6,120 0 0
TJX COS INC NEWCOM87254010913,253,241166,498SHSOLE166,498 0 0
TOTALENERGIES SESPONSORED ADS89151E109254,8384,105SHSOLE4,105 0 0
TRACTOR SUPPLY COCOM892356106579,7482,577SHSOLE2,577 0 0
TRUIST FINL CORPCOM89832Q1094,401,625102,292SHSOLE102,292 0 0
ULTA BEAUTY INCCOM90384S3035,059,38910,786SHSOLE10,786 0 0
UNILEVER PLCSPON ADR NEW9047677041,279,59525,414SHSOLE25,414 0 0
UNION PAC CORPCOM9078181082,196,39110,607SHSOLE10,607 0 0
UNITED PARCEL SERVICE INCCL B9113121065,923,94634,077SHSOLE34,077 0 0
UNITEDHEALTH GROUP INCCOM91324P1023,290,8276,207SHSOLE6,207 0 0
UNIVERSAL DISPLAY CORPCOM91347P10559,950,424554,891SHSOLE554,891 0 0
US BANCORP DELCOM NEW9029733041,648,06637,791SHSOLE37,791 0 0
VALERO ENERGY CORPCOM91913Y100355,2082,800SHSOLE2,800 0 0
VANGUARD INDEX FDSREAL ESTATE ETF922908553278,1233,372SHSOLE3,372 0 0
VANGUARD INDEX FDSSMALL CP ETF922908751371,3012,023SHSOLE2,023 0 0
VANGUARD INDEX FDSS&P 500 ETF SHS922908363712,1662,027SHSOLE2,027 0 0
VEEVA SYS INCCL A COM922475108412,3262,555SHSOLE2,555 0 0
VERISK ANALYTICS INCCOM92345Y1061,896,33910,749SHSOLE10,749 0 0
VERIZON COMMUNICATIONS INCCOM92343V1041,259,89431,977SHSOLE31,977 0 0
VERTEX PHARMACEUTICALS INCCOM92532F1002,657,9319,204SHSOLE9,204 0 0
VIATRIS INCCOM92556V106428,06038,460SHSOLE38,460 0 0
VISA INCCOM CL A92826C8396,091,31529,319SHSOLE29,319 0 0
WALGREENS BOOTS ALLIANCE INCCOM9314271082,833,19675,835SHSOLE75,835 0 0
WALMART INCCOM9311421036,859,51748,378SHSOLE48,378 0 0
WASTE MGMT INC DELCOM94106L1091,321,8718,426SHSOLE8,426 0 0
WELLS FARGO CO NEWCOM94974610110,020,298242,681SHSOLE242,681 0 0
WP CAREY INCCOM92936U1091,954,06325,004SHSOLE25,004 0 0
WRAP TECHNOLOGIES INCCOM98212N10716,90010,000SHSOLE10,000 0 0
YUM BRANDS INCCOM9884981011,399,01810,923SHSOLE10,923 0 0
ZOETIS INCCL A98978V1034,252,73429,019SHSOLE29,019 0 0