-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
BFtjPACTS1JbqZBydZA0NmamBgp3N13GZB2Udgyyxg5jzvBdlar3B1YoaWfRTHBR
Pc8USOufvegjXFD4ZiOfUg==
<SEC-DOCUMENT>0001349138-06-000001.txt : 20060214
<SEC-HEADER>0001349138-06-000001.hdr.sgml : 20060214
<ACCEPTANCE-DATETIME>20060214103542
ACCESSION NUMBER: 0001349138-06-000001
CONFORMED SUBMISSION TYPE: 13F-HR
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20051231
FILED AS OF DATE: 20060214
DATE AS OF CHANGE: 20060214
EFFECTIVENESS DATE: 20060214
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
SEC ACT: 1934 Act
SEC FILE NUMBER: 028-11676
FILM NUMBER: 06607969
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
<SEQUENCE>1
<FILENAME>inftable.txt
<DESCRIPTION>PARSEC-13F HR INITIAL FILING
<TEXT>
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F-HR
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: December 31, 2005
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: William Barton Boyer
Title: Chairman and Chief Executive Officer
Phone: 828-255-0271
Signature, Place, and Date of Signing:
William Barton Boyer Asheville, North Carolina February 14, 2006
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 3645 47035.909SH SOLE 47035.909
ABBOTT LABORATORIES COM 002824100 1137 28829.056SH SOLE 28829.056
ABERCROMBIE & FITCH CO-CL A COM 002896207 4902 75208.000SH SOLE 75208.000
AFFILIATED COMPUTER CL A COM 008190100 900 15207.000SH SOLE 15207.000
AFFILIATED MNGRS GRP COM COM 008252108 448 5580.000 SH SOLE 5580.000
AFLAC INC COM 001055102 4153 89476.328SH SOLE 89476.328
AIR PRODUCTS & CHEMICALS INC COM 009158106 485 8187.592 SH SOLE 8187.592
ALLTEL CORP COM 020039103 3127 49550.136SH SOLE 49550.136
ALTRIA GROUP, INC. COM 718154107 639 8554.559 SH SOLE 8554.559
AMERICAN INTERNATIONAL GROUP I COM 026874107 4673 68492.398SH SOLE 68492.398
AMGEN INC COM 031162100 2740 34747.000SH SOLE 34747.000
AMSOUTH BANCORPORATION COM 032165102 4888 186490.520SH SOLE 186490.520
ANHEUSER BUSCH COMPANIES INC COM 035229103 1942 45214.557SH SOLE 45214.557
APACHE CORP COM 037411105 9694 141471.955SH SOLE 141471.955
APPLIED MATERIALS INC COM 038222105 4757 265178.099SH SOLE 265178.099
AUTOMATIC DATA PROCESSING INC COM 053015103 8300 180831.944SH SOLE 180831.944
AVNET INC COM 053807103 489 20420.000SH SOLE 20420.000
BANK OF AMERICA CORP COM 060505104 9886 214216.396SH SOLE 214216.396
BB&T CORP COM 054937107 3375 80534.465SH SOLE 80534.465
BED BATH & BEYOND INC COM COM 075896100 3243 89708.000SH SOLE 89708.000
BERKSHIRE HATHAWAY CL B COM 084670207 640 218.000 SH SOLE 218.000
BEST BUY COMPANY INCORPORATED COM 086516101 1408 32377.159SH SOLE 32377.159
BIOMET INC COM 090613100 5396 147559.000SH SOLE 147559.000
BP AMOCO P L C SPONSORED ADR COM 055622104 10171 158379.604SH SOLE 158379.604
BROWN & BROWN INC COM COM 115236101 349 11420.000SH SOLE 11420.000
CAPITAL ONE FINANCIAL CORP COM 14040h105 287 3319.000 SH SOLE 3319.000
CARDINAL HEALTH INC COM 14149y108 2675 38913.000SH SOLE 38913.000
CAREMARK RX INC COM COM 141705103 9084 175394.000SH SOLE 175394.000
CATERPILLAR INC COM 149123101 837 14480.545SH SOLE 14480.545
CBRL GROUP INC COM 12489v106 266 7573.000 SH SOLE 7573.000
CERTEGY INC *OLD* COM 156880106 405 9996.000 SH SOLE 9996.000
CHECK POINT SOFTWARE ORD COM M22465104 2509 124819.000SH SOLE 124819.000
CHEVRON CORP. COM 166764100 733 12917.478SH SOLE 12917.478
CINCINNATI FINANCIAL CORP COM 172062101 1990 44544.375SH SOLE 44544.375
CISCO SYSTEMS INC COM 17275R102 4779 279147.000SH SOLE 279147.000
CITIGROUP INC COM 172967101 1956 40307.014SH SOLE 40307.014
CLOROX COMPANY COM 189054109 658 11568.550SH SOLE 11568.550
COCA COLA COMPANY COM 191216100 1354 33590.622SH SOLE 33590.622
COLGATE PALMOLIVE CO COM 194162103 2863 52202.662SH SOLE 52202.662
COMPUWARE CORP COM 205638109 1442 160715.000SH SOLE 160715.000
CONAGRA INC COM 205887102 428 21103.027SH SOLE 21103.027
CONOCO PHILLIPS COM 20825C104 1894 32558.921SH SOLE 32558.921
COPYTELE INC COM COM 217721109 19 24046.000SH SOLE 24046.000
CORINTHIAN COLLEGES INC COM 218868107 939 79813.000SH SOLE 79813.000
CORNING INC COM 219350105 197 10031.000SH SOLE 10031.000
COSTCO WHOLESALE CORP.-NEW COM 22160K105 3707 74924.411SH SOLE 74924.411
CREE INC COM 225447101 4556 180517.000SH SOLE 180517.000
CVS CORP COM 126650100 5531 209342.980SH SOLE 209342.980
CYPRESS SEMICONDUCTOR CORP COM 232806109 5160 362094.000SH SOLE 362094.000
DEERE & COMPANY COM 244199105 494 7256.000 SH SOLE 7256.000
DELL INC. COM 24702r101 1505 50193.000SH SOLE 50193.000
DEVON ENERGY CORP NEW COM 25179M103 281 4501.000 SH SOLE 4501.000
DEVRY INC-DEL COM 251893103 674 33717.000SH SOLE 33717.000
DOLLAR GENERAL CORP COM 256669102 1640 85997.550SH SOLE 85997.550
DOVER CORP COM 260003108 8160 201537.801SH SOLE 201537.801
DUKE ENERGY CORPORATION COM 264399106 305 11110.000SH SOLE 11110.000
E M C CORPORATION COM 268648102 2763 202876.000SH SOLE 202876.000
EBAY INC COM 278642103 5340 123469.000SH SOLE 123469.000
ELI LILLY & CO COM 532457108 1024 18103.295SH SOLE 18103.295
EMERSON ELECTRIC CO COM 291011104 8237 110273.836SH SOLE 110273.836
EXELON CORP COM 30161n101 1387 26093.813SH SOLE 26093.813
EXPRESS SCRIPTS INC COM COM 302182100 1020 12171.000SH SOLE 12171.000
EXXON MOBIL CORP COM 30231g102 5235 93201.102SH SOLE 93201.102
FAMILY DOLLAR STORES INC COM 307000109 1387 55961.000SH SOLE 55961.000
FASTENAL CO COM 311900104 222 5670.000 SH SOLE 5670.000
FEDEX CORP COM 31428x106 762 7368.000 SH SOLE 7368.000
FIFTH THIRD BANCORP COM 316773100 2464 65311.150SH SOLE 65311.150
FIRST DATA CORP COM 319963104 2156 50118.798SH SOLE 50118.798
FIRST HORIZON NATL CORP COM 320517105 470 12218.185SH SOLE 12218.185
FLEXTRONICS INTERNATIONAL LTD COM y2573f102 2764 264730.000SH SOLE 264730.000
FORTUNE BRANDS INC COM 349631101 486 6230.000 SH SOLE 6230.000
FPL GROUP INC COM 302571104 950 22865.000SH SOLE 22865.000
FRIEDMAN BILLINGS RMSY COM 358434108 400 40435.722SH SOLE 40435.722
GENERAL ELECTRIC CO COM 369604103 8801 251093.248SH SOLE 251093.248
GENERAL MILLS INC COM 370334104 3332 67567.157SH SOLE 67567.157
GENUINE PARTS CO COM 372460105 880 20031.112SH SOLE 20031.112
GENZYME CORP-GENERAL DIVISION COM 372917104 206 2905.000 SH SOLE 2905.000
GLAXO SMITHKLINE PLC SPONSORED COM 37733w105 228 4513.000 SH SOLE 4513.000
GOLDMAN SACHS GROUP INC COM 38141g104 627 4912.000 SH SOLE 4912.000
H J HEINZ COMPANY COM 423074103 2816 83518.770SH SOLE 83518.770
HARLEY DAVIDSON INC COM 412822108 4098 79596.391SH SOLE 79596.391
HIGHWOODS PROPERTIES INC COM 431284108 6785 238472.267SH SOLE 238472.267
HOME DEPOT INC COM 437076102 4905 121163.911SH SOLE 121163.911
HRPT PROPERTIES TR-SBI COM 40426w101 5947 574592.250SH SOLE 574592.250
ICM TELECOMMUNICATIONS COM COM 44928E106 0 49500.000SH SOLE 49500.000
ILLINOIS TOOL WORKS INC COM 452308109 2310 26255.000SH SOLE 26255.000
INTEL CORPORATION COM 458140100 3575 143236.456SH SOLE 143236.456
INTERNATIONAL BUSINESS MACHINE COM 459200101 4431 53909.605SH SOLE 53909.605
J P MORGAN CHASE & CO COM 46625h100 1027 25883.000SH SOLE 25883.000
JOHNSON & JOHNSON INC COM 478160104 6267 104280.190SH SOLE 104280.190
JOHNSON CONTROLS INC COM COM 478366107 552 7567.000 SH SOLE 7567.000
KEYCORP NEW COM 493267108 434 13186.000SH SOLE 13186.000
KINDER MORGAN INC KANS COM COM 49455P101 616 6703.772 SH SOLE 6703.772
KINDER MORGAN MGMT LLC SHS COM 49455U100 466 10248.855SH SOLE 10248.855
KNIGHT-RIDDER INC COM 499040103 215 3396.000 SH SOLE 3396.000
LEHMAN BROTHERS HOLDINGS INC COM 524908100 672 5240.000 SH SOLE 5240.000
LOWES COMPANIES INC COM 548661107 12814 192226.977SH SOLE 192226.977
LUBRIZOL CORP COM 549271104 513 11811.000SH SOLE 11811.000
MANITOWOC CO INC COM 563571108 331 6596.000 SH SOLE 6596.000
MASCO CORP COM 574599106 7598 251659.106SH SOLE 251659.106
MBNA CORP COM 55262l100 857 31551.000SH SOLE 31551.000
MCKESSON HBOC INC COM COM 58155q103 231 4480.000 SH SOLE 4480.000
MEDTRONIC INC COM 585055106 9146 158871.395SH SOLE 158871.395
MENTOR CORPORATION COM 587188103 4615 100162.576SH SOLE 100162.576
MERRILL LYNCH & CO INC COM 590188108 2542 37525.000SH SOLE 37525.000
MICROSOFT CORPORATION COM 594918104 7533 288086.984SH SOLE 288086.984
MOHAWK INDUSTRIES INC COM 608190104 489 5625.000 SH SOLE 5625.000
MYLAN LABS INCORPORATED COM 628530107 960 48102.000SH SOLE 48102.000
NABORS INDUSTRIES LTD. COM 629568106 1150 15179.000SH SOLE 15179.000
NEW PLAN EXCEL REALTY TRUST IN COM 648053106 922 39775.000SH SOLE 39775.000
NEWELL RUBBERMAID INC COM 651229106 1635 68735.547SH SOLE 68735.547
NN INC COM 629337106 288 27175.000SH SOLE 27175.000
NOKIA CORP-SPONSORED ADR REPST COM 654902204 2726 148988.607SH SOLE 148988.607
NOVARTIS AG-SPONSORED ADR COM 66987v109 383 7302.000 SH SOLE 7302.000
NUCOR CORP COM 670346105 491 7356.000 SH SOLE 7356.000
NUVEEN INVESTMENTS CL A COM 67090F106 472 11083.756SH SOLE 11083.756
NVIDIA CORP COM COM 67066G104 6348 173640.000SH SOLE 173640.000
ORACLE CORPORATION COM 68389X105 2146 175751.000SH SOLE 175751.000
PARAMETRIC TECHNOLOGY CORP COM 699173100 1536 251861.000SH SOLE 251861.000
PEPSI BOTTLING GROUP INC COM 713409100 346 12080.000SH SOLE 12080.000
PEPSICO INCORPORATED COM 713448108 6089 103068.202SH SOLE 103068.202
PETROLEO BRASILEIRO COM 71654V101 429 6667.000 SH SOLE 6667.000
PETROLEO BRASILEIRO SA SPONSOR COM 71654V408 1421 19937.000SH SOLE 19937.000
PFIZER INC COM 717081103 5628 241343.514SH SOLE 241343.514
PIEDMONT NATURAL GAS CO INC COM 720186105 1686 69793.922SH SOLE 69793.922
PINNACLE WEST CAPITAL CORP COM 723484101 268 6470.000 SH SOLE 6470.000
POLARIS INDUSTRIES INC COM 731068102 6474 128966.600SH SOLE 128966.600
PPG INDUSTRIES INC COM 693506107 512 8836.597 SH SOLE 8836.597
PROCTER & GAMBLE COMPANY COM 742718109 3559 61492.108SH SOLE 61492.108
PROGRESS ENERGY INC COM 743263105 1077 24511.000SH SOLE 24511.000
QUALCOMM INC COM 747525103 8145 189060.716SH SOLE 189060.716
R R DONNELLEY & SONS CO COM 257867101 592 17297.000SH SOLE 17297.000
RAYONIER INC COM COM 754907103 5571 139796.582SH SOLE 139796.582
ROYAL BANK OF CANADA COM 780087102 628 8048.000 SH SOLE 8048.000
RPM INTERNATIONAL INC COM 749685103 2316 133354.000SH SOLE 133354.000
SANOFI AVENTIS ADR COM 80105N105 678 15442.000SH SOLE 15442.000
SEI INVESTMENTS CO COM 784117103 987 26670.000SH SOLE 26670.000
SERVICEMASTER COMPANY COM 81760n109 5747 480944.929SH SOLE 480944.929
SIMON PROPERTY GROUP INC COM 828806109 720 9389.536 SH SOLE 9389.536
SOUTHERN CO COM 842587107 260 7538.952 SH SOLE 7538.952
SPRINT NEXTEL CORPORATION COM 852061100 320 13682.000SH SOLE 13682.000
ST JUDE MEDICAL INC COM 790849103 1896 37775.000SH SOLE 37775.000
ST PAUL TRAVELERS COMPANIES IN COM 792860108 997 22315.000SH SOLE 22315.000
STRYKER CORP COM 863667101 3897 87710.000SH SOLE 87710.000
SUNTRUST BANKS INC COM 867914103 300 4124.000 SH SOLE 4124.000
SYSCO CORP COM 871829107 761 24504.000SH SOLE 24504.000
T. ROWE PRICE GROUP INC COM COM 74144t108 5177 71869.000SH SOLE 71869.000
TARGET CORP COM 87612e106 1137 20677.161SH SOLE 20677.161
TEAM FINANCIAL INC COM COM 87815X109 459 32000.000SH SOLE 32000.000
TEKELEC INC COM 879101103 140 10050.000SH SOLE 10050.000
TELEFONOS DE MEXICO SA DE CV-S COM 879403780 229 9288.000 SH SOLE 9288.000
TEVA PHARMACEUTICAL INDUSTRIES COM 881624209 7565 175885.103SH SOLE 175885.103
TEXAS INSTRUMENTS INC COM 882508104 851 26526.199SH SOLE 26526.199
TEXTRON INC COM 883203101 846 10985.000SH SOLE 10985.000
THE WALT DISNEY COMPANY COM 254687106 4579 191046.000SH SOLE 191046.000
THORNBURG MORTGAGE ASSET CORP COM 885218107 6361 242792.352SH SOLE 242792.352
TOTAL S.A. SPONSORED ADR COM 89151E109 435 3438.000 SH SOLE 3438.000
TYCO INTERNATIONAL LTD COM 902124106 259 8968.659 SH SOLE 8968.659
U.S. BANCORP COM 902973304 7305 244394.267SH SOLE 244394.267
UBS AG COM h8920g155 1469 15438.000SH SOLE 15438.000
UNITED TECHNOLOGIES CORP COM 913017109 2380 42571.000SH SOLE 42571.000
UNITEDHEALTH GROUP INC COM 91324p102 1014 16311.001SH SOLE 16311.001
VECTOR GROUP LTD COM 92240m108 328 18060.000SH SOLE 18060.000
VIACOM INC-CL B COM 92553p201 2211 67817.488SH SOLE 67817.488
WACHOVIA CORP NEW COM 929903102 4051 76634.400SH SOLE 76634.400
WAL MART STORES INC COM 931142103 1704 36402.603SH SOLE 36402.603
WALGREEN CO COM 931422109 517 11678.945SH SOLE 11678.945
WASHINGTON MUTUAL INC COM 939322103 359 8247.014 SH SOLE 8247.014
WELLS FARGO & CO-NEW COM 949746101 595 9471.567 SH SOLE 9471.567
WHOLE FOODS MARKET INC COM 966837106 375 4851.277 SH SOLE 4851.277
WORTHINGTON INDUSTRIES INC COM 981811102 4200 218634.485SH SOLE 218634.485
WYETH COM 026609107 267 5788.000 SH SOLE 5788.000
YUM! BRANDS COM 988498101 397 8464.734 SH SOLE 8464.734
ZIMMER HOLDINGS INC COM 98956p102 301 4459.000 SH SOLE 4459.000
BIOTECH HOLDRS TR DEPOSITARY R UNIT TRUST (EQUI 09067d201 502 2500.000 SH SOLE 2500.000
ISHARES TR MSCI EAFE IDX UNIT TRUST (EQUI 464287465 222 3730.689 SH SOLE 3730.689
ISHARES TR RUSSELL 2000 UNIT TRUST (EQUI 464287655 237 3545.623 SH SOLE 3545.623
ISHARES TRUST RUSSELL 2000 VAL UNIT TRUST (EQUI 464287630 452 6858.000 SH SOLE 6858.000
NASDAQ 100 SHARES UNIT SER 1 UNIT TRUST (EQUI 631100104 311 7691.622 SH SOLE 7691.622
S&P 500 DEPOSITORY RECEIPTS (S UNIT TRUST (EQUI 78462f103 347 2783.792 SH SOLE 2783.792
VANGUARD TOTAL STOCK MARKET VI UNIT TRUST (EQUI 922908769 1513 12269.316SH SOLE 12269.316
ALLIANCE CAP MGMT HLDG L P UNI 01855a101 1472 26059.805SH SOLE 26059.805
KINDER MORGAN ENERGY LP UNIT L 494550106 1381 28877.769SH SOLE 28877.769
</TABLE>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----