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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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<SEC-DOCUMENT>0001349138-08-000002.txt : 20080423
<SEC-HEADER>0001349138-08-000002.hdr.sgml : 20080423
<ACCEPTANCE-DATETIME>20080423142220
ACCESSION NUMBER: 0001349138-08-000002
CONFORMED SUBMISSION TYPE: 13F-HR/A
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20080331
FILED AS OF DATE: 20080423
DATE AS OF CHANGE: 20080423
EFFECTIVENESS DATE: 20080423
FILER:
COMPANY DATA:
COMPANY CONFORMED NAME: Parsec Financial Management, Inc.
CENTRAL INDEX KEY: 0001349138
IRS NUMBER: 561443390
STATE OF INCORPORATION: NC
FISCAL YEAR END: 1205
FILING VALUES:
FORM TYPE: 13F-HR/A
SEC ACT: 1934 Act
SEC FILE NUMBER: 028-11676
FILM NUMBER: 08771436
BUSINESS ADDRESS:
STREET 1: 6 WALL STREET
CITY: ASHEVILLE
STATE: NC
ZIP: 28801
BUSINESS PHONE: 8282550271
MAIL ADDRESS:
STREET 1: PO BOX 2324
CITY: ASHEVILLE
STATE: NC
ZIP: 28802
</SEC-HEADER>
<DOCUMENT>
<TYPE>13F-HR/A
<SEQUENCE>1
<FILENAME>inftable.txt
<DESCRIPTION>13F-HR/A
<TEXT>
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F-HR/A
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: March 31, 2008
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: PARSEC FINANCIAL MANAGEMENT, INC.
Address: 6 WALL STREET
Asheville, NC 28801
13F File Number: 801-16359
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: Barbara A. Gray
Title: Chief Compliance Officer
Phone: 828-255-0271
Signature, Place, and Date of Signing:
Barbara A. Gray Asheville, North Carolina April 23, 2008
Report Type (Check only one.):
[ X] 13F HOLDINGS REPORT.
[ ] 13F NOTICE.
[ ] 13F COMBINATION REPORT.
List of Other Managers Reporting for this Manager:
I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE
ACT OF 1934.
<PAGE>
<TABLE>
FORM 13F INFORMATION TABLE
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
- ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
3M COMPANY COM 88579y101 6760 85401.544SH SOLE 85401.544
A T & T INC. COM 00206r102 660 17227.590SH SOLE 17227.590
ABBOTT LABORATORIES COM 002824100 4236 76809.890SH SOLE 76809.890
ABERCROMBIE & FITCH CO-CL A COM 002896207 4696 64206.000SH SOLE 64206.000
AFLAC COM 001055102 8016 123412.716SH SOLE 123412.716
AIR PRODUCTS & CHEMICALS INC COM 009158106 524 5693.926 SH SOLE 5693.926
ALCOA INC COM 013817101 218 6049.000 SH SOLE 6049.000
ALTRIA GROUP, INC. COM 02209s103 306 13791.000SH SOLE 13791.000
AMERICA MOVIL - SPONSORED ADR COM 02364w105 758 11898.000SH SOLE 11898.000
AMERICAN EAGLE OUTFITTERS NEW COM 02553e106 441 25194.000SH SOLE 25194.000
AMERICAN EXPRESS COMPANY COM 025816109 283 6483.000 SH SOLE 6483.000
AMERICAN INTERNATIONAL GROUP COM 026874107 4829 111652.089SH SOLE 111652.089
AMGEN INC COM 031162100 2752 65870.000SH SOLE 65870.000
ANHEUSER BUSCH COMPANIES INC COM 035229103 2741 57770.617SH SOLE 57770.617
APACHE CORP COM 037411105 14600 120839.827SH SOLE 120839.827
APPLE COMPUTER INC COM 037833100 439 3060.000 SH SOLE 3060.000
APPLIED MATERIALS COM 038222105 7573 388183.563SH SOLE 388183.563
AUTOMATIC DATA PROCESSING COM 053015103 10649 251219.670SH SOLE 251219.670
BANK OF AMERICA COM 060505104 11870 313102.304SH SOLE 313102.304
BB&T COM 054937107 4737 147746.289SH SOLE 147746.289
BED BATH & BEYOND INC COM COM 075896100 1793 60793.000SH SOLE 60793.000
BERKSHIRE HATHAWAY CL B COM 084670207 944 211.000 SH SOLE 211.000
BEST BUY COMPANY INCORPORATED COM 086516101 1190 28697.912SH SOLE 28697.912
BJ SERVICES CO COM 055482103 1135 39800.000SH SOLE 39800.000
BLACK & DECKER CORP COM COM 091797100 228 3450.717 SH SOLE 3450.717
BP AMOCO P L C SPONSORED ADR COM 055622104 9703 159979.582SH SOLE 159979.582
CAPITAL ONE FINANCIAL CORP COM 14040h105 393 7979.517 SH SOLE 7979.517
CARDINAL HEALTH INC COM 14149y108 1540 29331.407SH SOLE 29331.407
CHEESECAKE FACTORY INC COM COM 163072101 278 12769.000SH SOLE 12769.000
CHEVRON CORP. COM 166764100 1258 14743.060SH SOLE 14743.060
CINCINNATI FINANCIAL CORP COM 172062101 2673 70265.821SH SOLE 70265.821
CISCO SYSTEMS COM 17275R102 9270 384814.000SH SOLE 384814.000
CITIGROUP COM 172967101 1098 51240.832SH SOLE 51240.832
COCA COLA COMPANY COM 191216100 3683 60507.898SH SOLE 60507.898
COLGATE PALMOLIVE CO COM 194162103 6780 87024.358SH SOLE 87024.358
CONOCO PHILLIPS COM 20825C104 8088 106126.436SH SOLE 106126.436
COPYTELE INC COM COM 217721109 22 25446.000SH SOLE 25446.000
CVS/CAREMARK CORP COM 126650100 11907 293936.337SH SOLE 293936.337
CYPRESS SEMICONDUCTOR COM 232806109 1475 62487.000SH SOLE 62487.000
DANAHER COM 235851102 2592 34097.044SH SOLE 34097.044
DEVON ENERGY CORP NEW COM 25179M103 210 2008.435 SH SOLE 2008.435
DIAGEO - SPONSORED ADR COM 25243q205 2196 27002.085SH SOLE 27002.085
DISNEY (WALT) COM 254687106 11314 360560.967SH SOLE 360560.967
DOMINION RESOURCES COM 25746u109 7363 180279.330SH SOLE 180279.330
DOVER COM 260003108 8934 213825.384SH SOLE 213825.384
DUKE ENERGY COM 26441C105 318 17793.515SH SOLE 17793.515
E I DUPONT DE NEMOURS & CO COM 263534109 404 8641.524 SH SOLE 8641.524
E M C CORPORATION COM 268648102 4129 287961.000SH SOLE 287961.000
EBAY COM 278642103 4804 160988.000SH SOLE 160988.000
ELI LILLY & CO COM 532457108 702 13606.051SH SOLE 13606.051
EMERSON ELECTRIC COM 291011104 11729 227933.745SH SOLE 227933.745
EXXON MOBIL CORP COM 30231g102 5661 66934.969SH SOLE 66934.969
FAMILY DOLLAR STORES INC COM 307000109 245 12585.000SH SOLE 12585.000
FASTENAL CO COM 311900104 1319 28720.000SH SOLE 28720.000
FIDELITY NATIONAL INFO SVC COM 31620m106 314 8223.104 SH SOLE 8223.104
FIFTH THIRD BANCORP COM 316773100 2016 96376.879SH SOLE 96376.879
FIRST INDUSTRIAL RLTY TR REIT COM 32054K103 2957 95742.386SH SOLE 95742.386
FISERV INC COM COM 337738108 926 19250.000SH SOLE 19250.000
FLEXTRONICS INTERNATIONAL LTD COM y2573f102 2774 295453.000SH SOLE 295453.000
FORTUNE BRANDS INC COM 349631101 264 3795.000 SH SOLE 3795.000
GENENTECH COM 368710406 2133 26279.000SH SOLE 26279.000
GENERAL ELECTRIC COM 369604103 13428 362814.014SH SOLE 362814.014
GENERAL MILLS COM 370334104 3771 62970.165SH SOLE 62970.165
GLAXO SMITHKLINE PLC SPONSORED COM 37733w105 409 9638.177 SH SOLE 9638.177
GOLDMAN SACHS GROUP COM 38141g104 1322 7994.062 SH SOLE 7994.062
GRACO COM 384109104 2134 58860.000SH SOLE 58860.000
H J HEINZ COMPANY COM 423074103 376 7997.000 SH SOLE 7997.000
HARLEY DAVIDSON INC COM 412822108 3616 96433.082SH SOLE 96433.082
HEWLETT PACKARD CO COM 428236103 562 12303.453SH SOLE 12303.453
HIGHWOODS PROPERTIES INC COM 431284108 323 10380.000SH SOLE 10380.000
HOME DEPOT COM 437076102 3083 110228.022SH SOLE 110228.022
HRPT PROPERTIES TR-SBI COM 40426w101 6334 941107.562SH SOLE 941107.562
ILLINOIS TOOL WORKS COM 452308109 5498 113988.208SH SOLE 113988.208
INFOSYS TECHNOLOGIES LTD SPONS COM 456788108 2874 80354.000SH SOLE 80354.000
INTEL CORPORATION COM 458140100 4197 198166.521SH SOLE 198166.521
INTERNATIONAL BUSINESS MACHINE COM 459200101 6513 56562.280SH SOLE 56562.280
J P MORGAN CHASE & CO COM 46625h100 269 6257.000 SH SOLE 6257.000
JOHNSON & JOHNSON COM 478160104 11760 181288.628SH SOLE 181288.628
KFG RES LTD COM 48245P108 5 69500.000SH SOLE 69500.000
KINDER MORGAN MGMT LLC SHS COM 49455U100 3546 69579.456SH SOLE 69579.456
KINGMAKER FOOTWEAR COM 19 152000.000SH SOLE 152000.000
KOHLS COM 500255104 1486 34653.000SH SOLE 34653.000
KRAFT FOODS INC CL A COM 50075N104 1209 39001.000SH SOLE 39001.000
LEGG MASON COM 524901105 3610 64488.249SH SOLE 64488.249
LINCARE HOLDINGS COM 532791100 990 35220.000SH SOLE 35220.000
LINCOLN NATIONAL COM 534187109 2366 45500.384SH SOLE 45500.384
LOWES COMPANIES COM 548661107 9160 399316.697SH SOLE 399316.697
LUBRIZOL CORP COM 549271104 466 8400.000 SH SOLE 8400.000
MANITOWOC CO INC COM 563571108 220 5400.000 SH SOLE 5400.000
MASCO COM 574599106 4150 209277.586SH SOLE 209277.586
MEDTRONIC COM 585055106 10642 220012.659SH SOLE 220012.659
MERRILL LYNCH & CO INC COM 590188108 904 22180.247SH SOLE 22180.247
MICROCHIP TECHNOLOGY COM 595017104 1421 43424.000SH SOLE 43424.000
MICROSOFT COM 594918104 12015 423353.670SH SOLE 423353.670
MOHAWK INDUSTRIES INC COM 608190104 307 4285.000 SH SOLE 4285.000
NIKE INCORPORATED CL B COM 654106103 228 3359.000 SH SOLE 3359.000
NOBLE COM G65422100 4195 84450.000SH SOLE 84450.000
NOKIA CORP-SPONSORED ADR REPST COM 654902204 3431 107789.000SH SOLE 107789.000
NOVARTIS - ADR COM 66987v109 1611 31445.000SH SOLE 31445.000
NVIDIA CORP COM COM 67066G104 4242 214328.000SH SOLE 214328.000
ORACLE COM 68389X105 8784 449083.000SH SOLE 449083.000
PATTERSON COMPANIES INC COM 703395103 2829 77937.000SH SOLE 77937.000
PEPSICO INCORPORATED COM 713448108 11127 154116.002SH SOLE 154116.002
PFIZER INC COM 717081103 3826 182817.533SH SOLE 182817.533
PHILIP MORRIS INTERNATIONAL COM 718172109 698 13791.000SH SOLE 13791.000
PIEDMONT NATURAL GAS CO INC COM 720186105 282 10747.233SH SOLE 10747.233
PINNACLE WEST CAPITAL CORP COM 723484101 240 6845.000 SH SOLE 6845.000
POLARIS INDUSTRIES COM 731068102 5330 129978.000SH SOLE 129978.000
PRAXAIR INC COM 74005p104 258 3068.000 SH SOLE 3068.000
PROCTER & GAMBLE COMPANY COM 742718109 11921 170130.671SH SOLE 170130.671
PROGRESS ENERGY INC COM 743263105 475 11397.000SH SOLE 11397.000
QUALCOMM COM 747525103 8307 202602.593SH SOLE 202602.593
R R DONNELLEY & SONS CO COM 257867101 424 13997.000SH SOLE 13997.000
RITE AID CORP COM 767754104 30 10200.000SH SOLE 10200.000
ROYAL BANK OF CANADA COM 780087102 561 12074.001SH SOLE 12074.001
SARA LEE CORP COM 803111103 148 10600.000SH SOLE 10600.000
SCANA CORP COM 80589m102 220 6016.000 SH SOLE 6016.000
SCHERING PLOUGH CORP COM 806605101 287 19930.000SH SOLE 19930.000
SCHLUMBERGER LIMITED COM 806857108 298 3430.304 SH SOLE 3430.304
SEI INVESTMENTS CO COM 784117103 930 37648.000SH SOLE 37648.000
SIGMA-ALDRICH CORP COM 826552101 267 4480.000 SH SOLE 4480.000
SOUTHERN CO COM 842587107 337 9454.514 SH SOLE 9454.514
ST JUDE MEDICAL INC COM 790849103 1572 36400.000SH SOLE 36400.000
STAPLES COM 855030102 1055 47723.289SH SOLE 47723.289
STARBUCKS COM 855244109 1868 106736.000SH SOLE 106736.000
STRYKER CORP COM 863667101 8003 123025.168SH SOLE 123025.168
SUNTRUST BANKS INC COM 867914103 226 4100.000 SH SOLE 4100.000
SYSCO COM 871829107 4670 160911.639SH SOLE 160911.639
T. ROWE PRICE GROUP INC COM COM 74144t108 6061 121224.000SH SOLE 121224.000
TARGET CORP COM 87612e106 2434 48035.810SH SOLE 48035.810
TD AMERITRADE HOLDING COM 87236y108 390 23635.000SH SOLE 23635.000
TEAM FINANCIAL INC COM COM 87815X109 260 20000.000SH SOLE 20000.000
TELEFONOS DE MEXICO SA DE CV-S COM 879403780 276 7338.000 SH SOLE 7338.000
TEVA PHARMACEUTICAL INDUSTRIES COM 881624209 9887 214045.000SH SOLE 214045.000
TEXAS INSTRUMENTS COM 882508104 4360 154211.000SH SOLE 154211.000
TEXTRON INC COM 883203101 617 11135.000SH SOLE 11135.000
THERMO FISHER SCIENTIFIC INC COM 883556102 894 15733.000SH SOLE 15733.000
TOTAL S.A. SPONSORED ADR COM 89151E109 1396 18857.000SH SOLE 18857.000
TRANSOCEAN INC. COM G90073100 406 3006.000 SH SOLE 3006.000
TRAVELERS COMPANIES INC. COM 89417e109 829 17334.241SH SOLE 17334.241
U.S. BANCORP COM 902973304 11361 351091.208SH SOLE 351091.208
UBS AG COM H89231338 388 13460.000SH SOLE 13460.000
UNICO INC. COM 904622206 0 221000.000SH SOLE 221000.000
UNILEVER N V NEW YORK SHS NEW COM 904784709 1400 41516.000SH SOLE 41516.000
UNITED PARCEL SERVICE - B COM 911312106 6444 88252.867SH SOLE 88252.867
UNITED TECHNOLOGIES CORP COM 913017109 2746 39894.723SH SOLE 39894.723
UNITEDHEALTH GROUP COM 91324p102 3574 104021.091SH SOLE 104021.091
VERIZON COMMUNICATIONS COM 92343v104 222 6104.000 SH SOLE 6104.000
VIACOM INC-CL B COM 92553p201 4759 120110.000SH SOLE 120110.000
VOYAGER PHARMACEUTICAL COM 929078103 0 157500.000SH SOLE 157500.000
WACHOVIA CORP NEW COM 929903102 1864 69033.186SH SOLE 69033.186
WAL MART STORES INC COM 931142103 1133 21499.738SH SOLE 21499.738
WALGREEN COM 931422109 866 22725.403SH SOLE 22725.403
WELLS FARGO & CO-NEW COM 949746101 5034 172975.571SH SOLE 172975.571
WORTHINGTON INDUSTRIES INC COM 981811102 2810 166544.028SH SOLE 166544.028
WYETH COM 983024100 371 8874.000 SH SOLE 8874.000
ZIMMER HOLDINGS INC COM 98956p102 5486 70460.001SH SOLE 70460.001
ISHARES MSCI EMERG MKT UNIT TRUST (EQUI 464287234 851 6333.464 SH SOLE 6333.464
ISHARES MSCI JAPAN INDEX UNIT TRUST (EQUI 464286848 5070 409828.000SH SOLE 409828.000
ISHARES RUSSELL 2000 UNIT TRUST (EQUI 464287655 829 12145.439SH SOLE 12145.439
ISHARES RUSSELL 2000 VALUE UNIT TRUST (EQUI 464287630 578 8808.000 SH SOLE 8808.000
ISHARES S&P 500 UNIT TRUST (EQUI 464287200 205 1551.000 SH SOLE 1551.000
ISHARES TR MSCI EAFE UNIT TRUST (EQUI 464287465 666 9259.401 SH SOLE 9259.401
ISHARES TR S&P GLOBAL TELECOMM UNIT TRUST (EQUI 464287275 7030 104892.929SH SOLE 104892.929
POWERSHARES QQQ TRUST UNIT TRUST (EQUI 73935A104 298 6815.538 SH SOLE 6815.538
S&P 500 DEPOSITORY RECEIPTS (S UNIT TRUST (EQUI 78462f103 354 2683.000 SH SOLE 2683.000
UTILITIES SELECT SECTOR SPDR UNIT TRUST (EQUI 81369y886 224 5904.000 SH SOLE 5904.000
VANGUARD EMERGING MARKETS UNIT TRUST (EQUI 922042858 300 3195.000 SH SOLE 3195.000
VANGUARD TOTAL STOCK MARKET VI UNIT TRUST (EQUI 922908769 2040 15573.401SH SOLE 15573.401
ALLIANCEBERNSTEIN HLDG UT LTD 01881G106 1086 17136.000SH SOLE 17136.000
KINDER MORGAN ENERGY LP UNIT L 494550106 1721 31469.590SH SOLE 31469.590
</TABLE>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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