-----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, EWxYrhVuDrZGuH9rNjlnHCXetLD0n0NKfDiY8PvhdTv+mNKhQCbz4aVy34i8QXaJ gYLNSK6OwN1kZYgiYe360A== 0000930413-08-003022.txt : 20080512 0000930413-08-003022.hdr.sgml : 20080512 20080512143822 ACCESSION NUMBER: 0000930413-08-003022 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20080331 FILED AS OF DATE: 20080512 DATE AS OF CHANGE: 20080512 EFFECTIVENESS DATE: 20080512 FILER: COMPANY DATA: COMPANY CONFORMED NAME: GAM USA INC CENTRAL INDEX KEY: 0001093190 IRS NUMBER: 223022029 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-04941 FILM NUMBER: 08822620 BUSINESS ADDRESS: STREET 1: ONE ROCKEFELLER PLAZA STREET 2: 21ST FLOOR CITY: NEW YORK STATE: NY ZIP: 10020 BUSINESS PHONE: 212-407-4600 MAIL ADDRESS: STREET 1: ONE ROCKEFELLER PLAZA STREET 2: 21ST FLOOR CITY: NEW YORK STATE: NY ZIP: 10020 FORMER COMPANY: FORMER CONFORMED NAME: GLOBAL ASSET MANAGEMENT USA INC DATE OF NAME CHANGE: 19990812 13F-HR 1 c53514_13fhr.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 13F FORM 13F COVER PAGE Report for the Calendar Year or Quarter Ended: 03/31/08 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: GAM USA Inc. Address: One Rockefeller Plaza 21st floor New York, NY 10020 13F File Number: 28-7714 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: Kenneth A. Dursht Title: General Counsel Phone: 212-407-4766 Signature, Place, and Date of Signing: Kenneth A. Dursht New York, New York 05/12/08 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. FORM 13F SUMMARY PAGE Report Summary: Number of other Included Managers: 2 Form 13F Information Table Entry Total: 179 Form 13F Information Table Value Total: $1,189,356 List of other Included Managers No. 13F File Number Name 01 00-00000-000 GAM International Management Limited 02 00-00000-000 GAM London Limited GB
Form 13F Information Table GAM USA Inc. Page 1 of 8 1 2 3 4 5 6 7 8 Mkt Value -- Investment Discretion -- --- Voting Authority ---- Name of Issuer Type CUSIP $ x1000 # Shares Sole Share Other Managers Sole Shared None 3M Company Common USD0.01 Com 88579Y101 94 1,200 0 0 1,200 01 1,200 0 0 3M Company Common USD0.01 Com 88579Y101 1,020 12,900 0 0 12,900 02 12,900 0 0 Abaxis Inc. Common NPV Com 002567105 825 35,550 0 0 35,550 01 35,550 0 0 AbitibiBowater Inc. Common USD1.00 Com 003687100 5,644 437,669 0 0 437,669 01 437,669 0 0 AbitibiBowater Inc. Common USD1.00 Com 003687100 16,065 1,246,122 0 0 1,246,122 02 1,246,122 0 0 Air Methods Corp. Common USD0.06 Com 009128307 1,598 33,020 0 0 33,020 01 33,020 0 0 Alcoa Inc. Common USD1 Com 013817101 5,540 153,750 0 0 153,750 02 153,750 0 0 Altria Group Inc. Common USD0.333 Com 02209S103 77 1,040 0 0 1,040 01 1,040 0 0 Altria Group Inc. Common USD0.333 Com 02209S103 203 9,150 0 0 9,150 02 9,150 0 0 Apple Incorporated Common NPV Com 037833100 172 1,200 0 0 1,200 01 1,200 0 0 AutoZone Incorporated Common USD0. Com 053332102 5,701 50,000 0 0 50,000 01 50,000 0 0 Avocent Corporation Common USD0.00 Com 053893103 1,453 85,890 0 0 85,890 01 85,890 0 0 Babcock & Brown Air ADR (1 rep 1 o Com 05614P101 1,062 65,360 0 0 65,360 01 65,360 0 0 Banco Bradesco SA ADR (1 Rep 1 Pre ADR 059460303 2,195 79,145 0 0 79,145 01 79,145 0 0 Banco Bradesco SA ADR (1 Rep 1 Pre ADR 059460303 389 14,132 0 0 14,132 01 14,132 0 0 Banco Bradesco SA ADR (1 Rep 1 Pre ADR 059460303 6,198 223,420 0 0 223,420 02 223,420 0 0 Bank of America Corp. Common USD0. Com 060505104 225 5,913 0 0 5,913 01 5,913 0 0 Bank of America Corp. Common USD0. Com 060505104 314 8,279 0 0 8,279 02 8,279 0 0 Barrick Gold Corporation Common NP Com 067901108 21,948 504,503 0 0 504,503 01 504,503 0 0 Barrick Gold Corporation Common NP Com 067901108 64,323 1,478,858 0 0 1,478,858 02 1,478,858 0 0 Beacon Roofing Supply Inc. Com. US Com 073685109 883 88,300 0 0 88,300 01 88,300 0 0 Berkley (W R) Corporation Common U Com 084423102 11,920 430,000 0 0 430,000 01 430,000 0 0 Bookham Inc. Common USD0.01 Com 09856E105 3,563 2,610,500 0 0 2,610,500 01 2,610,500 0 0 Bookham Inc. Common USD0.01 Com 09856E105 1,824 1,341,117 0 0 1,341,117 02 1,341,117 0 0 Bpz Resources Inc. NPV Com 055639108 2,176 99,950 0 0 99,950 01 99,950 0 0 --------- 155,412 Form 13F Information Table GAM USA Inc. Page 2 of 8 1 2 3 4 5 6 7 8 Mkt Value -- Investment Discretion -- --- Voting Authority ---- Name of Issuer Type CUSIP $ x1000 # Shares Sole Shared Other Managers Sole Shared None Bristol-Myers Squibb Co. Common US Com 110122108 51,276 2,409,000 0 0 2,409,000 01 2,409,000 0 0 Bristol-Myers Squibb Co. Common US Com 110122108 79,834 3,751,230 0 0 3,751,230 02 3,751,230 0 0 Carnival Corporation Common USD0.0 Com 143658300 2,620 64,800 0 0 64,800 02 64,800 0 0 Carrizo Oil & Gas Inc. Common USD0 Com 144577103 1,642 27,710 0 0 27,710 01 27,710 0 0 Carter's Incorporated Common USD.0 Com 146229109 1,389 86,160 0 0 86,160 01 86,160 0 0 Caterpillar Inc. Common USD1.00 Com 149123101 139 1,800 0 0 1,800 01 1,800 0 0 Century Casinos Inc. Common USD0.0 Com 156492100 1,524 470,410 0 0 470,410 01 470,410 0 0 Chevron Corp. Common USD0.75 Com 166764100 262 3,070 0 0 3,070 02 3,070 0 0 Christopher & Banks Corp. Common U Com 171046105 748 75,000 0 0 75,000 01 75,000 0 0 Chubb Corporation Common USD1.00 Com 171232101 6,674 135,000 0 0 135,000 01 135,000 0 0 Cia Siderurgica NACL-SP (1 Rep 1 P Com 20440W105 2,964 82,500 0 0 82,500 02 82,500 0 0 Cisco Systems Inc. Common USD0.001 Com 17275R102 338 14,044 0 0 14,044 01 14,044 0 0 Cisco Systems Inc. Common USD0.001 Com 17275R102 1,312 54,477 0 0 54,477 02 54,477 0 0 Citigroup Incorporated Common USD0 Com 172967101 50 2,400 0 0 2,400 01 2,400 0 0 Clearwire Corp. Class A Common USD Com 185385309 1,252 84,600 0 0 84,600 02 84,600 0 0 Coca-Cola Company Common USD0.25 Com 191216100 223 3,660 0 0 3,660 02 3,660 0 0 Companhia Vale do Rio ADR (1 rep 1 ADR 204412209 1,427 41,200 0 0 41,200 01 41,200 0 0 Conns Inc Common USD0.01 Com 208242107 13,684 840,000 0 0 840,000 01 840,000 0 0 ConocoPhillips Common USD1.250 Com 20825C104 6,094 80,000 0 0 80,000 01 80,000 0 0 ConocoPhillips Common USD1.250 Com 20825C104 2,974 39,040 0 0 39,040 02 39,040 0 0 Consolidated Tomoka Land Common US Com 210226106 335 6,000 0 0 6,000 01 6,000 0 0 Corning Incorporated Common USD0.5 Com 219350105 151 6,300 0 0 6,300 02 6,300 0 0 Cyberoptics Corp Com. NPV Com 232517102 993 90,960 0 0 90,960 01 90,960 0 0 DIRECTV Group Inc. Common USD0.01 Com 25459L106 1,477 59,580 0 0 59,580 02 59,580 0 0 Divx Inc. Com. USD0.001 Com 255413106 790 112,750 0 0 112,750 01 112,750 0 0 --------- 180,170 Form 13F Information Table GAM USA Inc. Page 3 of 8 1 2 3 4 5 6 7 8 Mkt Value -- Investment Discretion -- --- Voting Authority ---- Name of Issuer Type CUSIP $ x1000 # Shares Sole Shared Other Managers Sole Shared None Du Pont (E.I.) de Nemours Common U Com 263534109 4,472 95,600 0 0 95,600 01 95,600 0 0 Du Pont (E.I.) de Nemours Common U Com 263534109 12,619 269,816 0 0 269,816 02 269,816 0 0 Dynamic Materials Corp Common USD0 Com 267888105 926 21,400 0 0 21,400 01 21,400 0 0 Eastman Kodak Company Common USD2. Com 277461109 16,511 935,200 0 0 935,200 01 935,200 0 0 Eastman Kodak Company Common USD2. Com 277461109 47,983 2,718,267 0 0 2,718,267 02 2,718,267 0 0 El Paso Corporation Common USD3.00 Com 28336L109 71,884 4,323,872 0 0 4,323,872 01 4,323,872 0 0 El Paso Corporation Common USD3.00 Com 28336L109 129,439 7,787,258 0 0 7,787,258 02 7,787,258 0 0 Enova Systems Inc. Ord. NPV Com 29355M200 1,932 453,305 0 0 453,305 01 453,305 0 0 Enova Systems Inc. Ord. NPV Com 29355M200 4,523 1,060,970 0 0 1,060,970 02 1,060,970 0 0 Epoch Holdings Corp Common USD0.01 Com 29428R103 3,053 254,712 0 0 254,712 01 254,712 0 0 Exelon Corporation Common NPV Com 30161N101 5,488 67,600 0 0 67,600 02 67,600 0 0 Fred's Incorporated Class A Common Com 356108100 8,960 875,000 0 0 875,000 01 875,000 0 0 General Electric Co. Amer. Com. US Com 369604103 3,778 102,389 0 0 102,389 01 102,389 0 0 General Electric Co. Amer. Com. US Com 369604103 10,151 274,952 0 0 274,952 02 274,952 0 0 General Motors Corp. Common USD1.6 Com 370442105 11,197 587,593 0 0 587,593 01 587,593 0 0 General Motors Corp. Common USD1.6 Com 370442105 32,900 1,726,674 0 0 1,726,674 02 1,726,674 0 0 Gerber Scientific Common USD1.00 Com 373730100 755 85,000 0 0 85,000 01 85,000 0 0 Globaloptions Group Inc. Common US Com 37946D209 1,449 706,640 0 0 706,640 01 706,640 0 0 HDFC Bank Ltd-ADR (1 rep 3 ord) Com 40415F101 5,414 55,200 0 0 55,200 02 55,200 0 0 Hersha Hospitality Trust Common US Com 427825104 1,171 130,630 0 0 130,630 01 130,630 0 0 Home Bancshares Inc. Com. USD0.01 Com 436893200 1,504 71,960 0 0 71,960 01 71,960 0 0 Home Depot Incorporated Common USD Com 437076102 3,144 112,500 0 0 112,500 02 112,500 0 0 Human Genome Sciences Inc. Com. US Com 444903108 1,025 174,150 0 0 174,150 02 174,150 0 0 Huntsman Corporation Common USD0.0 Com 447011107 6,940 295,000 0 0 295,000 01 295,000 0 0 ICU Medical Incorporated Common US Com 44930G107 2,878 100,000 0 0 100,000 01 100,000 0 0 --------- 390,096 Form 13F Information Table GAM USA Inc. Page 4 of 8 1 2 3 4 5 6 7 8 Mkt Value -- Investment Discretion -- --- Voting Authority ---- Name of Issuer Type CUSIP $ x1000 # Shares Sole Shared Other Managers Sole Shared None Infinity Property & Casualty Commo Com 45665Q103 6,240 150,000 0 0 150,000 01 150,000 0 0 Intel Corporation Common USD0.001 Com 458140100 5,186 244,800 0 0 244,800 02 244,800 0 0 International Paper Company Com. U Com 460146103 3,629 133,500 0 0 133,500 01 133,500 0 0 International Paper Company Com. U Com 460146103 9,565 351,900 0 0 351,900 02 351,900 0 0 Inter Parfums Inc. Com. USD0.001 Com 458334109 1,406 63,660 0 0 63,660 01 63,660 0 0 Intl. Business Machines Corp. Com Com 459200101 172 1,500 0 0 1,500 01 1,500 0 0 iShares MSCI Singapore Index Fund Com 464286673 410 31,843 0 0 31,843 01 31,843 0 0 JDS Uniphase Corp. Common USD0.001 Com 46612J507 12,059 901,300 0 0 901,300 01 901,300 0 0 JDS Uniphase Corp. Common USD0.001 Com 46612J507 35,330 2,640,852 0 0 2,640,852 02 2,640,852 0 0 Johnson & Johnson Common USD1.00 Com 478160104 122 1,900 0 0 1,900 01 1,900 0 0 Johnson & Johnson Common USD1.00 Com 478160104 208 3,206 0 0 3,206 02 3,206 0 0 J.P. Morgan Chase & Co. Common USD Com 46625H100 86 2,022 0 0 2,022 01 2,022 0 0 J.P. Morgan Chase & Co. Common USD Com 46625H100 172 4,000 0 0 4,000 02 4,000 0 0 Kensey Nash Corp Common USD0.001 Com 490057106 1,816 62,710 0 0 62,710 01 62,710 0 0 Korn/Ferry International Common US Com 500643200 627 37,050 0 0 37,050 01 37,050 0 0 Kraft Foods Inc A NPV Com 50075N104 169 5,491 0 0 5,491 01 5,491 0 0 Kraft Foods Inc A NPV Com 50075N104 202 6,517 0 0 6,517 02 6,517 0 0 Lsb Industries Inc. Com. USD0.10 Com 502160104 598 40,570 0 0 40,570 01 40,570 0 0 Martha Stewart Liv. - CL A Com. US Com 573083102 980 131,780 0 0 131,780 01 131,780 0 0 Marvell Tech. Group Ltd. Common US Com G5876H105 126 11,345 0 0 11,345 01 11,345 0 0 Marvell Tech. Group Ltd. Common US Com G5876H105 147 13,506 0 0 13,506 02 13,506 0 0 Merck & Company Inc. Common USD0.0 Com 589331107 14,421 380,000 0 0 380,000 01 380,000 0 0 Merck & Company Inc. Common USD0.0 Com 589331107 42,835 1,128,771 0 0 1,128,771 02 1,128,771 0 0 Merrill Lynch & Co. Common USD1.33 Com 590188108 325 8,000 0 0 8,000 02 8,000 0 0 Micrel Inc. Common NPV Com 594793101 3,080 332,560 0 0 332,560 01 332,560 0 0 --------- 139,910 Form 13F Information Table GAM USA Inc. Page 5 of 8 1 2 3 4 5 6 7 8 Mkt Value -- Investment Discretion -- --- Voting Authority ---- Name of Issuer Type CUSIP $ x1000 # Shares Sole Shared Other Managers Sole Shared None Microsoft Corporation Com. USD0.00 Com 594918104 90 3,216 0 0 3,216 01 3,216 0 0 Microsoft Corporation Com. USD0.00 Com 594918104 197 6,958 0 0 6,958 02 6,958 0 0 Micrus Endovascular Corp. Com. US Com 59518V102 1,252 101,340 0 0 101,340 01 101,340 0 0 Middleby Corp. Com. USD0.005 Com 596278101 1,057 16,940 0 0 16,940 01 16,940 0 0 Mitsubishi UFJ Fin Grp ADR (1 rep ADR 606822104 83 9,500 0 0 9,500 01 9,500 0 0 Mobile TeleSystems RUB0.1 Com 607409109 1,469 114,800 0 0 114,800 02 114,800 0 0 MoneyGram International USD0.01 Com 60935Y109 77 42,000 0 0 42,000 01 42,000 0 0 Monsanto Company Common USD0.01 Com 61166W101 569 5,116 0 0 5,116 01 5,116 0 0 Morton's Restaurant Grp. Com USD0. Com 619430101 1,779 223,900 0 0 223,900 01 223,900 0 0 Neopharm Incorporated Common USD0. Com 640919106 964 1,706,797 0 0 1,706,797 01 1,706,797 0 0 On Semiconductor Corp. Com. USD0.0 Com 682189105 816 143,750 0 0 143,750 01 143,750 0 0 Optionsxpress Hdgs. Inc. Com. USD0 Com 684010101 2,229 107,720 0 0 107,720 01 107,720 0 0 Oracle Corporation Common USD0.01 Com 68389X105 292 15,100 0 0 15,100 01 15,100 0 0 Oracle Corporation Common USD0.01 Com 68389X105 1,120 57,238 0 0 57,238 02 57,238 0 0 Penske Auto Group Inc. Common USD0 Com 70959W103 6,802 350,000 0 0 350,000 01 350,000 0 0 Perdigao SA - ADR(1 rep 2 ord) Com 71361V303 1,343 29,400 0 0 29,400 02 29,400 0 0 Perficient Inc. Common USD0.001 Com 71375U101 1,056 132,830 0 0 132,830 01 132,830 0 0 PetroChina Co. Ltd. ADR (1 Rep. 10 Com 71646E100 358 2,800 0 0 2,800 01 2,800 0 0 PetroChina Co. Ltd. ADR (1 Rep. 10 Com 71646E100 5,066 40,400 0 0 40,400 02 40,400 0 0 Petrohawk Energy Corp. Common USD0 Com 716495106 13,907 690,000 0 0 690,000 01 690,000 0 0 Petroleo Brasileiro SA-ADR (1 rep Com 71654V408 4,981 48,800 0 0 48,800 02 48,800 0 0 PFF Bancorp Inc. Common USD0.01 Com 69331W104 365 44,280 0 0 44,280 01 44,280 0 0 Pfizer Incorporated Common USD0.05 Com 717081103 5,226 250,000 0 0 250,000 01 250,000 0 0 Power-One Incorporated Common USD0 Com 739308104 6,410 2,000,000 0 0 2,000,000 01 2,000,000 0 0 Procter & Gamble Common NPV Com 742718109 136 1,960 0 0 1,960 01 1,960 0 0 --------- 57,646 Form 13F Information Table GAM USA Inc. Page 6 of 8 1 2 3 4 5 6 7 8 Mkt Value -- Investment Discretion -- --- Voting Authority ---- Name of Issuer Type CUSIP $ x1000 # Shares Sole Shared Other Managers Sole Shared None RBC Bearings Inc Com. USD0.01 Com 75524B104 1,381 37,240 0 0 37,240 01 37,240 0 0 Retalix Limited ILS1.00 Com M8215W109 412 29,021 0 0 29,021 01 29,021 0 0 RF Micro Devices Inc. Common NPV Com 749941100 2,536 951,710 0 0 951,710 01 951,710 0 0 R.R. Donnelley & Sons Co. Comm. US Com 257867101 6,664 220,000 0 0 220,000 01 220,000 0 0 Rudolph Technologies Inc. Common U Com 781270103 1,269 129,870 0 0 129,870 01 129,870 0 0 Sara Lee Corporation Common USD0.0 Com 803111103 15,060 1,076,500 0 0 1,076,500 01 1,076,500 0 0 Sara Lee Corporation Common USD0.0 Com 803111103 40,279 2,879,558 0 0 2,879,558 02 2,879,558 0 0 Smithtown Bancorp Inc. Common USD0 Com 832449102 1,360 64,996 0 0 64,996 01 64,996 0 0 SoftBrands Incorporated Common USD Com 83402A107 241 229,449 0 0 229,449 01 229,449 0 0 Sonosite Inc. Common USD.01 Com 83568G104 1,739 61,260 0 0 61,260 01 61,260 0 0 Sony Corporation ADR (CNV To 1 Ord ADR 835699307 12 285 0 0 285 01 285 0 0 Sony Corporation ADR (CNV To 1 Ord ADR 835699307 220 5,500 0 0 5,500 02 5,500 0 0 Sprint Nextel Corporation Common U Com 852061100 6,083 911,340 0 0 911,340 01 911,340 0 0 Sprint Nextel Corporation Common U Com 852061100 17,020 2,550,873 0 0 2,550,873 02 2,550,873 0 0 Spss Inc Common USD0.01 Com 78462K102 2,437 62,830 0 0 62,830 01 62,830 0 0 Sterlite Industries Indi Adr (1rep Com 859737207 1,580 88,700 0 0 88,700 01 88,700 0 0 Sterlite Industries Indi Adr (1rep Com 859737207 194 10,400 0 0 10,400 01 10,400 0 0 Sterlite Industries Indi Adr (1rep Com 859737207 2,948 165,500 0 0 165,500 02 165,500 0 0 St. Joe Corporation Common NPV Com 790148100 1,591 37,100 0 0 37,100 02 37,100 0 0 Sun Microsystems Inc. Common USD0. Com 866810203 8,993 579,225 0 0 579,225 01 579,225 0 0 Sun Microsystems Inc. Common USD0. Com 866810203 25,019 1,611,647 0 0 1,611,647 02 1,611,647 0 0 Synalloy Corporation Common USD1.0 Com 871565107 411 33,750 0 0 33,750 01 33,750 0 0 Taiwan Semi. - SP ADR (1 ADR Rep 5 Com 874039100 2,079 202,000 0 0 202,000 01 202,000 0 0 Tele Norte Leste ADR (1 Rep. 1 Pre ADR 879246106 857 32,300 0 0 32,300 01 32,300 0 0 Tele Norte Leste ADR (1 Rep. 1 Pre ADR 879246106 1,101 41,500 0 0 41,500 02 41,500 0 0 --------- 141,488 Form 13F Information Table GAM USA Inc. Page 7 of 8 1 2 3 4 5 6 7 8 Mkt Value -- Investment Discretion -- --- Voting Authority ---- Name of Issuer Type CUSIP $ x1000 # Shares Sole Shared Other Managers Sole Shared None Tellabs Incorporated Common USD0.0 Com 879664100 6,572 1,207,000 0 0 1,207,000 01 1,207,000 0 0 Tellabs Incorporated Common USD0.0 Com 879664100 19,329 3,550,493 0 0 3,550,493 02 3,550,493 0 0 Teva Pharmaceuticals ADR (1 Rep 1 ADR 881624209 237 5,150 0 0 5,150 01 5,150 0 0 Teva Pharmaceuticals ADR (1 Rep 1 ADR 881624209 4,854 105,135 0 0 105,135 02 105,135 0 0 The Boeing Company Common USD5 Com 097023105 220 2,993 0 0 2,993 01 2,993 0 0 The Boeing Company Common USD5 Com 097023105 202 2,721 0 0 2,721 02 2,721 0 0 Toyota Motor Corporation Spon. ADR Com 892331307 76 735 0 0 735 01 735 0 0 Toyota Motor Corporation Spon. ADR Com 892331307 192 1,900 0 0 1,900 02 1,900 0 0 Tradestation Group Inc. USD0.01 Com 89267P105 1,135 133,180 0 0 133,180 01 133,180 0 0 Turkcell Iletisim ADR (1 rep 2.5 o Com 900111204 1,121 53,700 0 0 53,700 01 53,700 0 0 Turkcell Iletisim ADR (1 rep 2.5 o Com 900111204 2,367 113,400 0 0 113,400 01 113,400 0 0 Turkcell Iletisim ADR (1 rep 2.5 o Com 900111204 3,690 176,800 0 0 176,800 02 176,800 0 0 UCBH Holdings INC Common USD0.01 Com 90262T308 1,565 201,830 0 0 201,830 02 201,830 0 0 Unibanco GDR (1 reps. 10 shares) Com 90458E107 6,248 53,600 0 0 53,600 02 53,600 0 0 Unisys Corporation Common USD0.01 Com 909214108 8,065 1,822,664 0 0 1,822,664 01 1,822,664 0 0 Unisys Corporation Common USD0.01 Com 909214108 21,999 4,974,900 0 0 4,974,900 02 4,974,900 0 0 USA Truck Incorporated Common USD0 Com 902925106 6,674 519,600 0 0 519,600 01 519,600 0 0 Viad Corporation Common USD 1.50 Com 92552R406 379 10,500 0 0 10,500 01 10,500 0 0 Vimpelcom-Sp ADR (1 rep 0.50 ord) Com 68370R109 762 25,500 0 0 25,500 01 25,500 0 0 Vimpelcom-Sp ADR (1 rep 0.50 ord) Com 68370R109 2,105 70,500 0 0 70,500 02 70,500 0 0 Volcano Corp Com. USD0.001 Com 928645100 1,329 106,490 0 0 106,490 01 106,490 0 0 WD-40 Common USD.001 Com 929236107 1,691 50,850 0 0 50,850 01 50,850 0 0 WellPoint Inc. Common USD0.01 Com 94973V107 69 1,600 0 0 1,600 01 1,600 0 0 Williams Companies Inc. Common USD Com 969457100 2,061 62,537 0 0 62,537 01 62,537 0 0 Williams-Sonoma Inc. Common USD0.0 Com 969904101 3,267 134,900 0 0 134,900 02 134,900 0 0 --------- 96,209 Form 13F Information Table GAM USA Inc. Page 8 of 8 1 2 3 4 5 6 7 8 Mkt Value -- Investment Discretion -- --- Voting Authority ---- Name of Issuer Type CUSIP $ x1000 # Shares Sole Shared Other Managers Sole Shared None Wyeth Common USD0.333 Com 983024100 15,115 362,200 0 0 362,200 01 362,200 0 0 Wyeth Common USD0.333 Com 983024100 10,153 243,300 0 0 243,300 02 243,300 0 0 Zoran Corporation Common USD0.001 Com 98975F101 1,956 143,280 0 0 143,280 01 143,280 0 0 Zumiez Inc. Common NPV Com 989817101 1,202 76,470 0 0 76,470 01 76,470 0 0 --------- 28,425 ========= 1,189,356
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