UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: December 31, 2006
-----------------------
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: Sun Life Financial Inc.
-------------------------------
Address: 150 King street West
-------------------------------
Toronto, Ontario,
-------------------------------
Canada, M5H 1J9
-------------------------------
Form 13F File Number: 28-05799
---------------------
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: J.M.A. Anderson
-------------------------------
Title: Executive Vice-President and Chief Investment Officer
-------------------------------
Phone:
-------------------------------
Signature, Place, and Date of Signing:
Toronto, Ontario February 8, 2007
------------------------------- ----------------- ----------------
[Signature] [City, State] [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).)
/X/ 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).)
List of Other Managers Reporting for this Manager:
[If there are no entries in this list, omit this section.]
Form 13F File Number Name
28-06597 McLean Budden
--------------- ------------------------------------
28-04968 MFS
--------------- ------------------------------------
[Repeat as necessary.]
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 2
--------------------
Form 13F Information Table Entry Total: 229
--------------------
Form 13F Information Table Value Total: US$1,783,991
--------------------
(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.]
No. Form 13F File Number Name
1 28-12046 Sun Capital Advisers LLC.
------ ----------------- ---------------------------------
2 28-12047 Sun Life Assurance Company of Canada
------ ----------------- ---------------------------------
[Repeat as necessary.]
FORM 13F INFORMATION TABLE
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
------------------------- -------------- --------- --------- --------------------- ---------- -------- ------------------------
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
------------------------- -------------- --------- --------- ---------- ----- ---- ---------- -------- ------ ---------- ------
Abbott Laboratories COM 002824100 3,891 79,862 SH SHARED 1 79,862
Abbott Laboratories COM 002824100 1,572 32,264 SH SHARED 2 32,264
Alberto Culver Co COM 013078100 1,637 76,473 SH SHARED 1 76,473
Alberto Culver Co COM 013078100 666 31,086 SH SHARED 2 31,086
Alexandria Real Estate
Equit COM 015271109 5,001 49,849 SH SHARED 1 49,849
Alexandria Real Estate
Equit COM 015271109 713 7,110 SH SHARED 2 7,110
Allstate Corp COM 020002101 4,244 65,172 SH SHARED 1 65,172
Allstate Corp COM 020002101 1,727 26,519 SH SHARED 2 26,519
Altria Group Inc COM 02209S103 5,329 62,166 SH SHARED 1 62,166
Altria Group Inc COM 02209S103 2,174 25,354 SH SHARED 2 25,354
American Express Co COM 025816109 5,822 96,148 SH SHARED 1 96,148
American Express Co COM 025816109 2,401 39,652 SH SHARED 2 39,652
Anheuser-Busch Co Inc COM 035229103 4,189 85,197 SH SHARED 1 85,197
Anheuser-Busch Co Inc COM 035229103 1,708 34,744 SH SHARED 2 34,744
Apple Computer Inc COM 037833100 4,984 58,788 SH SHARED 1 58,788
Apple Computer Inc COM 037833100 2,034 23,997 SH SHARED 2 23,997
Archstone-Smith Trust COM 039583109 5,592 96,214 SH SHARED 1 96,214
Archstone-Smith Trust COM 039583109 808 13,900 SH SHARED 2 13,900
AvalonBay Communities Inc COM 053484101 4,053 31,248 SH SHARED 1 31,248
AvalonBay Communities Inc COM 053484101 583 4,496 SH SHARED 2 4,496
Bank of America Corp COM 060505104 8,289 155,525 SH SHARED 1 155,525
Bank of America Corp COM 060505104 3,357 62,984 SH SHARED 2 62,984
Baxter International Inc COM 071813109 4,258 91,928 SH SHARED 1 91,928
Baxter International Inc COM 071813109 1,741 37,576 SH SHARED 2 37,576
Biogen Idec Inc COM 09062X103 3,801 77,386 SH SHARED 1 77,386
Biogen Idec Inc COM 09062X103 1,555 31,649 SH SHARED 2 31,649
Boeing Company COM 097023105 4,343 48,911 SH SHARED 1 48,911
Boeing Company COM 097023105 1,775 19,989 SH SHARED 2 19,989
BRE Properties Inc CL A 05564E106 5,464 84,120 SH SHARED 1 84,120
BRE Properties Inc CL A 05564E106 775 11,927 SH SHARED 2 11,927
Capitalsource Inc COM 14055X102 8,182 299,936 SH SHARED 1 299,936
Capitalsource Inc COM 14055X102 2,209 80,969 SH SHARED 2 80,969
Chevron Corporation COM 166764100 9,373 127,487 SH SHARED 1 127,487
Chevron Corporation COM 166764100 3,837 52,196 SH SHARED 2 52,196
Ciena Corp COM 171779309 4,142 149,486 SH SHARED 1 149,486
Ciena Corp COM 171779309 1,691 61,014 SH SHARED 2 61,014
Cisco Systems Inc COM 17275R102 5,629 206,179 SH SHARED 1 206,179
Cisco Systems Inc COM 17275R102 2,298 84,165 SH SHARED 2 84,165
Citigroup Inc COM 172967101 9,180 164,966 SH SHARED 1 164,966
Citigroup Inc COM 172967101 3,755 67,480 SH SHARED 2 67,480
Coca-Cola Company COM 191216100 3,761 78,022 SH SHARED 1 78,022
Coca-Cola Company COM 191216100 1,535 31,843 SH SHARED 2 31,843
Comcast Corp CL A 20030N101 5,187 122,732 SH SHARED 1 122,732
Comcast Corp CL A 20030N101 2,122 50,222 SH SHARED 2 50,222
ConocoPhillips COM 20825C104 4,279 59,580 SH SHARED 1 59,580
ConocoPhillips COM 20825C104 1,752 24,392 SH SHARED 2 24,392
Cosi Inc COM 22122P101 4,068 800,817 SH SHARED 1 800,817
Cosi Inc COM 22122P101 1,660 326,845 SH SHARED 2 326,845
CVS Corporation COM 126650100 4,000 129,674 SH SHARED 1 129,674
CVS Corporation COM 126650100 1,633 52,924 SH SHARED 2 52,924
Developers Diversified
Realty COM 251591103 4,623 73,477 SH SHARED 1 73,477
Developers Diversified
Realty COM 251591103 659 10,477 SH SHARED 2 10,477
Dominion Resources Inc COM 25746U109 3,701 44,199 SH SHARED 1 44,199
Dominion Resources Inc COM 25746U109 1,509 18,025 SH SHARED 2 18,025
Douglas Emmett Inc-w/i COM 25960P109 942 35,533 SH SHARED 1 35,533
Douglas Emmett Inc-w/i COM 25960P109 134 5,064 SH SHARED 2 5,064
Duke Energy Corp COM 26441C105 3,957 119,301 SH SHARED 1 119,301
Duke Energy Corp COM 26441C105 1,614 48,655 SH SHARED 2 48,655
Dupont (EI) Nemours and
Co COM 263534109 4,272 87,799 SH SHARED 1 87,799
Dupont (EI) Nemours and
Co COM 263534109 1,744 35,837 SH SHARED 2 35,837
Dynegy Inc CL A 26816Q101 89 12,374 SH SHARED 1 12,374
Eastgroup Properties COM 277276101 4,075 76,524 SH SHARED 1 76,524
Eastgroup Properties COM 277276101 580 10,901 SH SHARED 2 10,901
Eastman Kodak Co COM 277461109 3,267 127,010 SH SHARED 1 127,010
Eastman Kodak Co COM 277461109 1,333 51,835 SH SHARED 2 51,835
Eli Lilly & Co COM 532457108 3,455 66,376 SH SHARED 1 66,376
Eli Lilly & Co COM 532457108 1,410 27,094 SH SHARED 2 27,094
Emerson Electric Co COM 291011104 3,676 83,528 SH SHARED 1 83,528
Emerson Electric Co COM 291011104 1,503 34,154 SH SHARED 2 34,154
Equity Office Properties
Trust COM 294741103 5,569 115,730 SH SHARED 1 115,730
Equity Office Properties
Trust COM 294741103 810 16,829 SH SHARED 2 16,829
Equity Residential
Properties SH BEN INT 29476L107 3,700 73,089 SH SHARED 1 73,089
Equity Residential
Properties SH BEN INT 29476L107 528 10,425 SH SHARED 2 10,425
Exelon Corporation COM 30161N101 3,741 60,566 SH SHARED 1 60,566
Exelon Corporation COM 30161N101 1,524 24,679 SH SHARED 2 24,679
Exxon Mobil Corp COM 30231G102 15,676 204,564 SH SHARED 1 204,564
Exxon Mobil Corp COM 30231G102 6,379 83,249 SH SHARED 2 83,249
Federated Department
Stores COM 31410H101 3,683 96,578 SH SHARED 1 96,578
Federated Department
Stores COM 31410H101 1,503 39,416 SH SHARED 2 39,416
FHLMC COM 313400301 4,028 59,388 SH SHARED 1 59,388
FHLMC COM 313400301 1,644 24,237 SH SHARED 2 24,237
Finisar Corporation COM 31787A101 3,071 953,863 SH SHARED 1 953,863
Finisar Corporation COM 31787A101 1,254 389,333 SH SHARED 2 389,333
General Electric Company COM 369604103 17,054 458,064 SH SHARED 1 458,064
General Electric Company COM 369604103 6,972 187,277 SH SHARED 2 187,277
General Growth Properties COM 370021107 4,057 77,775 SH SHARED 1 77,775
General Growth Properties COM 370021107 579 11,090 SH SHARED 2 11,090
Goldman Sachs Group Inc COM 38141G104 6,069 30,454 SH SHARED 1 30,454
Goldman Sachs Group Inc COM 38141G104 2,474 12,411 SH SHARED 2 12,411
Google Inc-cl A CL A 38259P508 4,089 8,887 SH SHARED 1 8,887
Google Inc-cl A CL A 38259P508 1,669 3,627 SH SHARED 2 3,627
Health Care Properties COM 421915109 2,832 77,099 SH SHARED 1 77,099
Health Care Properties COM 421915109 404 10,993 SH SHARED 2 10,993
Hewlett Packard COM 428236103 5,615 136,360 SH SHARED 1 136,360
Hewlett Packard COM 428236103 2,292 55,662 SH SHARED 2 55,662
Highwoods Properties Inc COM 431284108 5,008 123,343 SH SHARED 1 123,343
Highwoods Properties Inc COM 431284108 714 17,580 SH SHARED 2 17,580
Hilton Hotels Corp COM 432848109 3,179 91,106 SH SHARED 1 91,106
Hilton Hotels Corp COM 432848109 455 13,051 SH SHARED 2 13,051
Honeywell International
Inc COM 438516106 3,777 83,629 SH SHARED 1 83,629
Honeywell International
Inc COM 438516106 1,544 34,188 SH SHARED 2 34,188
Host Hotels and Resorts
Inc COM 44107P104 4,000 163,039 SH SHARED 1 163,039
Host Hotels and Resorts
Inc COM 44107P104 567 23,100 SH SHARED 2 23,100
IBM Corp COM 459200101 5,035 51,828 SH SHARED 1 51,828
IBM Corp COM 459200101 2,055 21,156 SH SHARED 2 21,156
Idearc Inc-w/i COM 451663108 479 16,720 SH SHARED 1 16,720
Idearc Inc-w/i COM 451663108 196 6,830 SH SHARED 2 6,830
Innkeepers Usa Trust COM 4576J0104 2,441 158,224 SH SHARED 1 158,224
Innkeepers Usa Trust COM 4576J0104 387 24,485 SH SHARED 2 24,485
Intel Corp COM 458140100 3,832 189,411 SH SHARED 1 189,411
Intel Corp COM 458140100 1,525 75,382 SH SHARED 2 75,382
International Paper Co COM 460146103 3,472 102,034 SH SHARED 1 102,034
International Paper Co COM 460146103 1,381 40,595 SH SHARED 2 40,595
Ishares MSCI UTD KINGD 464286699 3,158 135,000 SH SHARED 1 135,000
Ishares MSCI FRANCE 464286707 3,961 116,200 SH SHARED 1 116,200
Ishares MSCI GERMAN 464286806 847 31,500 SH SHARED 1 31,500
Ishares MSCI MEXICO 464286822 1,750 34,400 SH SHARED 1 34,400
Ishares MSCI JAPAN 464286848 5,723 403,000 SH SHARED 1 403,000
Ishares Tr MSCI EAFE IDX 464287465 210,114 2,869,623 SH SHARED 1 2,869,623
ISTAR Financial Inc COM 45031U101 4,742 99,167 SH SHARED 1 99,167
ISTAR Financial Inc COM 45031U101 714 15,233 SH SHARED 2 15,233
Johnson & Johnson COM 478160104 5,999 91,014 SH SHARED 1 91,014
Johnson & Johnson COM 478160104 2,387 36,223 SH SHARED 2 36,223
JP Morgan Chase COM 46625H100 8,535 176,787 SH SHARED 1 176,787
JP Morgan Chase COM 46625H100 3,456 71,242 SH SHARED 2 71,242
Kimberly-Clark Corp COM 494368103 4,115 60,642 SH SHARED 1 60,642
Kimberly-Clark Corp COM 494368103 1,723 25,912 SH SHARED 2 25,912
Kimco Realty Corp COM 49446R109 4,844 107,904 SH SHARED 1 107,904
Kimco Realty Corp COM 49446R109 726 15,867 SH SHARED 2 15,867
Lexington Corporate Pptys
Tr COM 529043101 4,982 222,220 SH SHARED 1 222,220
Lexington Corporate Pptys
Tr COM 529043101 710 31,664 SH SHARED 2 31,664
Lowe's Companies COM 548661107 3,399 109,331 SH SHARED 1 109,331
Lowe's Companies COM 548661107 1,353 43,508 SH SHARED 2 43,508
Macerich Company COM 554382101 5,924 68,583 SH SHARED 1 68,583
Macerich Company COM 554382101 879 10,892 SH SHARED 2 10,892
Massey Energy Co COM 576206106 7,807 336,515 SH SHARED 1 336,515
Massey Energy Co COM 576206106 3,107 133,935 SH SHARED 2 133,935
Medical Properties Trust
Inc COM 58463J304 5,971 390,536 SH SHARED 1 390,536
Medical Properties Trust
Inc COM 58463J304 895 56,762 SH SHARED 2 56,762
Merck COM 589331107 4,405 101,139 SH SHARED 1 101,139
Merck COM 589331107 1,753 40,255 SH SHARED 2 40,255
Merge Technologies Inc COM 589981109 3,865 590,145 SH SHARED 1 590,145
Merge Technologies Inc COM 589981109 1,583 235,902 SH SHARED 2 235,902
Merrill Lynch & Co Inc COM 590188108 5,288 56,843 SH SHARED 1 56,843
Merrill Lynch & Co Inc COM 590188108 2,113 28,296 SH SHARED 2 28,296
MetLife Inc COM 59156R108 3,948 66,960 SH SHARED 1 66,960
MetLife Inc COM 59156R108 1,624 27,218 SH SHARED 2 27,218
Microsoft Corp COM 594918104 7,995 267,853 SH SHARED 1 267,853
Microsoft Corp COM 594918104 3,222 107,282 SH SHARED 2 107,282
Mrv Communications Inc COM 553477100 9,078 2,571,725 SH SHARED 1 2,571,725
Mrv Communications Inc COM 553477100 3,691 1,025,277 SH SHARED 2 1,025,277
MRV Communications Inc COM 553477100 14,898 4,256,503 SH SHARED 1 4,256,503
Mueller Water Products
Inc-b COM 624758207 2,073 139,493 SH SHARED 1 139,493
Mueller Water Products
Inc-b COM 624758207 931 82,577 SH SHARED 2 82,577
Nasdaq 100 COM 631100104 15,922 369,000 SH SHARED 1 369,000
Nationwide Health Pptys
Inc COM 638620104 2,782 92,519 SH SHARED 1 92,519
Nationwide Health Pptys
Inc COM 638620104 418 14,634 SH SHARED 2 14,634
Nautilus Inc COM 63910B102 3,008 215,444 SH SHARED 1 215,444
Nautilus Inc COM 63910B102 1,197 85,731 SH SHARED 2 85,731
New York Community
Bancorp COM 649445103 4,503 279,665 SH SHARED 1 279,665
New York Community
Bancorp COM 649445103 675 42,214 SH SHARED 2 42,214
Newmont Mining Corp COM 651639106 3,692 81,961 SH SHARED 1 81,961
Newmont Mining Corp COM 651639106 1,469 32,617 SH SHARED 2 32,617
Omnicare Inc COM 681904108 3,756 97,325 SH SHARED 1 97,325
Omnicare Inc COM 681904108 1,532 39,565 SH SHARED 2 39,565
Oracle Corporation COM 68389X105 4,855 283,560 SH SHARED 1 283,560
Oracle Corporation COM 68389X105 1,971 113,887 SH SHARED 2 113,887
Penn Real Estate
Investment Tr SH BEN INT 709102107 3,411 86,715 SH SHARED 1 86,715
Penn Real Estate
Investment Tr SH BEN INT 709102107 534 15,202 SH SHARED 2 15,202
Pepsico Inc COM 713448108 3,756 60,054 SH SHARED 1 60,054
Pepsico Inc COM 713448108 1,536 24,556 SH SHARED 2 24,556
Prologis SH BEN INT 743410102 4,195 69,174 SH SHARED 1 69,174
Prologis SH BEN INT 743410102 608 10,022 SH SHARED 2 10,022
Prudential Financial Inc COM 744320102 7,611 88,755 SH SHARED 1 88,755
Prudential Financial Inc COM 744320102 3,091 36,051 SH SHARED 2 36,051
Public Storage Inc COM 74460D109 3,968 40,714 SH SHARED 1 40,714
Public Storage Inc COM 74460D109 569 5,841 SH SHARED 2 5,841
Raytheon Co COM 755111507 4,256 80,666 SH SHARED 1 80,666
Raytheon Co COM 755111507 1,730 32,795 SH SHARED 2 32,795
Redback Networks Inc COM 757209507 9,290 372,781 SH SHARED 1 372,781
Redback Networks Inc COM 757209507 3,792 152,165 SH SHARED 2 152,165
Regency Centers Corp COM 758849103 3,785 48,496 SH SHARED 1 48,496
Regency Centers Corp COM 758849103 548 7,026 SH SHARED 2 7,026
S&P 500 Index Fund IDX 464287465 31,417 428,838 SH SHARED 2 428,838
Sally Beauty Co Inc-w/i COM 79546E104 600 76,473 SH SHARED 1 76,473
Sally Beauty Co Inc-w/i COM 79546E104 244 31,086 SH SHARED 2 31,086
Schering-Plough Corp COM 806605101 4,472 189,502 SH SHARED 1 189,502
Schering-Plough Corp COM 806605101 1,824 77,286 SH SHARED 2 77,286
Simon Property Group
Inc COM 828806109 6,624 65,492 SH SHARED 1 65,492
Simon Property Group
Inc COM 828806109 947 9,358 SH SHARED 2 9,358
SL Green Realty Corp COM 78440X101 6,283 47,401 SH SHARED 1 47,401
SL Green Realty Corp COM 78440X101 901 6,797 SH SHARED 2 6,797
SPDR Trust COM 78462F103 703,555 4,967,909 SH SHARED 1 4,967,909
Symantec Corp COM 871503108 4,692 225,475 SH SHARED 1 225,475
Symantec Corp COM 871503108 1,919 92,193 SH SHARED 2 92,193
Tenet Healthcare Corp COM 88033G100 3,857 552,530 SH SHARED 1 552,530
Tenet Healthcare Corp COM 88033G100 1,574 225,536 SH SHARED 2 225,536
Time Warner Inc COM 887317105 5,065 232,682 SH SHARED 1 232,682
Time Warner Inc COM 887317105 2,076 95,351 SH SHARED 2 95,351
Tyco International Ltd COM 902124106 4,177 137,501 SH SHARED 1 137,501
Tyco International Ltd COM 902124106 1,707 56,197 SH SHARED 2 56,197
UAL Corp COM 902549807 542 12,327 SH SHARED 1 12,327
United Parcel
Service-cl B CL B 911312106 3,575 47,727 SH SHARED 1 47,727
United Parcel
Service-cl B CL B 911312106 1,461 19,504 SH SHARED 2 19,504
United Technologies Corp COM 913017109 3,820 61,194 SH SHARED 1 61,194
United Technologies Corp COM 913017109 1,561 25,008 SH SHARED 2 25,008
UnumProvident Corp COM 91529Y106 85,380 4,108,750 SH SHARED 1 4,108,750
Ventas Inc COM 92276F100 6,515 154,155 SH SHARED 1 154,155
Ventas Inc COM 92276F100 929 21,972 SH SHARED 2 21,972
Verizon Communications
Inc COM 92343V104 12,440 334,415 SH SHARED 1 334,415
Verizon Communications
Inc COM 92343V104 5,082 136,609 SH SHARED 2 136,609
Viacom Inc-class B CL B 92553P201 3,733 91,126 SH SHARED 1 91,126
Viacom Inc-class B CL B 92553P201 1,524 37,191 SH SHARED 2 37,191
Vornado Realty Trust SH BEN INT 929042109 4,761 39,238 SH SHARED 1 39,238
Vornado Realty Trust SH BEN INT 929042109 680 5,607 SH SHARED 2 5,607
Wachovia Corp COM 929903102 5,504 96,859 SH SHARED 1 96,859
Wachovia Corp COM 929903102 2,262 39,816 SH SHARED 2 39,816
Wal-Mart Stores Inc COM 931142103 3,466 75,073 SH SHARED 1 75,073
Wal-Mart Stores Inc COM 931142103 1,414 30,621 SH SHARED 2 30,621
Walt Disney Co COM 254687106 3,414 99,430 SH SHARED 1 99,430
Walt Disney Co COM 254687106 1,422 41,406 SH SHARED 2 41,406
Walter Industries Inc COM 93317Q105 2,317 85,855 SH SHARED 1 85,855
Walter Industries Inc COM 93317Q105 946 35,040 SH SHARED 2 35,040
Wellpoint Inc COM 94973V107 3,757 47,786 SH SHARED 1 47,786
Wellpoint Inc COM 94973V107 1,534 19,505 SH SHARED 2 19,505
Wells Fargo & Co COM 949746101 7,913 222,784 SH SHARED 1 222,784
Wells Fargo & Co COM 949746101 3,216 90,542 SH SHARED 2 90,542
Wyeth COM 983024100 3,942 77,547 SH SHARED 1 77,547
Wyeth COM 983024100 1,609 31,654 SH SHARED 2 31,654
1,783,991 41,735,283 41,735,283