-----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, Lzecjwdqw61kkTQsLhfkpErqn5HCtDH8HvRenCMLi6CFBB5SRa6q/w5BObImbP/5 JhpnFUC40cSx2z+CxrGgnA== 0000930413-08-006552.txt : 20081110 0000930413-08-006552.hdr.sgml : 20081110 20081110083505 ACCESSION NUMBER: 0000930413-08-006552 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20080930 FILED AS OF DATE: 20081110 DATE AS OF CHANGE: 20081110 EFFECTIVENESS DATE: 20081110 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: 081173490 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 c55594_13f.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: 09/30/08 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 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 11/07/08 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: 136 Form 13F Information Table Value Total: $952,461 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 6 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 3M Company Common USD0.01 Com 88579Y101 80 1,200 0 0 1,200 01 1,200 0 0 AbitibiBowater Inc. Common USD1.00 Com 003687100 1,742 445,969 0 0 445,969 01 445,969 0 0 AbitibiBowater Inc. Common USD1.00 Com 003687100 4,976 1,277,022 0 0 1,277,022 02 1,277,022 0 0 Alcoa Inc. Common USD1 Com 013817101 3,481 154,320 0 0 154,320 02 154,320 0 0 Altria Group Inc. Common USD0.333 Com 02209S103 20 1,040 0 0 1,040 01 1,040 0 0 Altria Group Inc. Common USD0.333 Com 02209S103 25 1,250 0 0 1,250 02 1,250 0 0 America Movil ADR Srs L (1 Reps 20 Com 02364W105 1,451 31,300 0 0 31,300 01 31,300 0 0 Apple Incorporated Common NPV Com 037833100 126 1,200 0 0 1,200 01 1,200 0 0 AutoZone Incorporated Common USD0. Com 053332102 5,552 45,000 0 0 45,000 01 45,000 0 0 Banco Bradesco SA ADR (1 Rep 1 Pre ADR 059460303 1,907 118,718 0 0 118,718 01 118,718 0 0 Banco Bradesco SA ADR (1 Rep 1 Pre ADR 059460303 296 21,198 0 0 21,198 01 21,198 0 0 Banco Bradesco SA ADR (1 Rep 1 Pre ADR 059460303 308 19,174 0 0 19,174 02 19,174 0 0 Banco Itau Hldgs Fin. ADR (1 Rep 1 Com 059602201 1,516 89,100 0 0 89,100 01 89,100 0 0 Bank of America Corp. Common USD0. Com 060505104 184 5,913 0 0 5,913 01 5,913 0 0 Bank of America Corp. Common USD0. Com 060505104 289 8,279 0 0 8,279 02 8,279 0 0 Barrick Gold Corporation Common NP Com 067901108 15,440 419,852 0 0 419,852 01 419,852 0 0 Barrick Gold Corporation Common NP Com 067901108 44,577 1,212,908 0 0 1,212,908 02 1,212,908 0 0 Berkley (W R) Corporation Common U Com 084423102 9,476 400,000 0 0 400,000 01 400,000 0 0 Bookham Inc. Common USD0.01 Com 09856E105 2,409 2,131,900 0 0 2,131,900 01 2,131,900 0 0 Bookham Inc. Common USD0.01 Com 09856E105 1,515 1,341,117 0 0 1,341,117 02 1,341,117 0 0 Bristol-Myers Squibb Co. Common US Com 110122108 52,845 2,532,100 0 0 2,532,100 01 2,532,100 0 0 Bristol-Myers Squibb Co. Common US Com 110122108 89,818 4,304,430 0 0 4,304,430 02 4,304,430 0 0 Carnival Corporation Common USD0.0 Com 143658300 2,422 68,660 0 0 68,660 02 68,660 0 0 Caterpillar Inc. Common USD1.00 Com 149123101 108 1,800 0 0 1,800 01 1,800 0 0 Chevron Corp. Common USD0.75 Com 166764100 253 3,070 0 0 3,070 02 3,070 0 0 --------- 240,816
Form 13F Information Table GAM USA Inc. Page 2 of 6 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 Christopher & Banks Corp. Common U Com 171046105 576 75,000 0 0 75,000 01 75,000 0 0 Chubb Corporation Common USD1.00 Com 171232101 6,311 115,000 0 0 115,000 01 115,000 0 0 Cia Siderurgica NACL-SP ADR(1 Rep Com 20440W105 1,218 57,500 0 0 57,500 01 57,500 0 0 Cisco Systems Inc. Common USD0.001 Com 17275R102 306 14,044 0 0 14,044 01 14,044 0 0 Cisco Systems Inc. Common USD0.001 Com 17275R102 370 16,427 0 0 16,427 02 16,427 0 0 Citigroup Incorporated Common USD0 Com 172967101 44 2,400 0 0 2,400 01 2,400 0 0 Clearwire Corp. Class A Common USD Com 185385309 1,006 84,650 0 0 84,650 02 84,650 0 0 Companhia Vale do Rio ADR (1 rep 1 ADR 204412209 2,082 109,058 0 0 109,058 01 109,058 0 0 Companhia Vale do Rio ADR (1 rep 1 ADR 204412209 128 7,584 0 0 7,584 01 7,584 0 0 Companhia Vale do Rio ADR (1 rep 1 ADR 204412209 395 20,679 0 0 20,679 02 20,679 0 0 Conns Inc Common USD0.01 Com 208242107 11,725 625,000 0 0 625,000 01 625,000 0 0 ConocoPhillips Common USD1.250 Com 20825C104 5,477 75,000 0 0 75,000 01 75,000 0 0 ConocoPhillips Common USD1.250 Com 20825C104 3,037 41,590 0 0 41,590 02 41,590 0 0 Consolidated Tomoka Land Common US Com 210226106 260 6,000 0 0 6,000 01 6,000 0 0 Corning Incorporated Common USD0.5 Com 219350105 99 6,300 0 0 6,300 02 6,300 0 0 DIRECTV Group Inc. Common USD0.01 Com 25459L106 1,575 60,160 0 0 60,160 02 60,160 0 0 Du Pont (E.I.) de Nemours Common U Com 263534109 3,850 95,600 0 0 95,600 01 95,600 0 0 Du Pont (E.I.) de Nemours Common U Com 263534109 10,864 269,816 0 0 269,816 02 269,816 0 0 Eastman Kodak Company Common USD2. Com 277461109 17,578 1,144,400 0 0 1,144,400 01 1,144,400 0 0 Eastman Kodak Company Common USD2. Com 277461109 50,833 3,310,267 0 0 3,310,267 02 3,310,267 0 0 El Paso Corporation Common USD3.00 Com 28336L109 47,858 3,747,713 0 0 3,747,713 01 3,747,713 0 0 El Paso Corporation Common USD3.00 Com 28336L109 99,427 7,787,258 0 0 7,787,258 02 7,787,258 0 0 Enova Systems Inc. Ord. NPV Com 29355M200 950 453,305 0 0 453,305 01 453,305 0 0 Enova Systems Inc. Ord. NPV Com 29355M200 2,223 1,060,970 0 0 1,060,970 02 1,060,970 0 0 Exelon Corporation Common NPV Com 30161N101 2,573 41,100 0 0 41,100 02 41,100 0 0 --------- 270,765
Form 13F Information Table GAM USA Inc. Page 3 of 6 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 Fred's Incorporated Class A Common Com 356108100 11,376 800,000 0 0 800,000 01 800,000 0 0 General Electric Co. Amer. Com. US Com 369604103 1,443 57,289 0 0 57,289 01 57,289 0 0 General Electric Co. Amer. Com. US Com 369604103 3,759 147,152 0 0 147,152 02 147,152 0 0 General Motors Corp. Common USD1.6 Com 370442105 6,464 680,793 0 0 680,793 01 680,793 0 0 General Motors Corp. Common USD1.6 Com 370442105 18,389 1,939,174 0 0 1,939,174 02 1,939,174 0 0 Gerber Scientific Common USD1.00 Com 373730100 781 85,000 0 0 85,000 01 85,000 0 0 Home Depot Incorporated Common USD Com 437076102 3,166 122,380 0 0 122,380 02 122,380 0 0 Human Genome Sciences Inc. Com. US Com 444903108 1,147 180,500 0 0 180,500 02 180,500 0 0 Huntsman Corporation Common USD0.0 Com 447011107 3,716 295,000 0 0 295,000 01 295,000 0 0 ICU Medical Incorporated Common US Com 44930G107 3,041 100,000 0 0 100,000 01 100,000 0 0 Infinity Property & Casualty Commo Com 45665Q103 5,768 140,000 0 0 140,000 01 140,000 0 0 Intel Corporation Common USD0.001 Com 458140100 4,937 263,750 0 0 263,750 02 263,750 0 0 International Paper Company Com. U Com 460146103 7,387 282,600 0 0 282,600 01 282,600 0 0 International Paper Company Com. U Com 460146103 21,437 820,300 0 0 820,300 02 820,300 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 293 31,843 0 0 31,843 01 31,843 0 0 JDS Uniphase Corp. Common USD0.001 Com 46612J507 7,639 901,300 0 0 901,300 01 901,300 0 0 JDS Uniphase Corp. Common USD0.001 Com 46612J507 22,379 2,640,852 0 0 2,640,852 02 2,640,852 0 0 Johnson & Johnson Common USD1.00 Com 478160104 128 1,900 0 0 1,900 01 1,900 0 0 Johnson & Johnson Common USD1.00 Com 478160104 222 3,206 0 0 3,206 02 3,206 0 0 J.P. Morgan Chase & Co. Common USD Com 46625H100 87 2,022 0 0 2,022 01 2,022 0 0 J.P. Morgan Chase & Co. Common USD Com 46625H100 187 4,000 0 0 4,000 02 4,000 0 0 Kraft Foods Inc A NPV Com 50075N104 176 5,491 0 0 5,491 01 5,491 0 0 Kraft Foods Inc A NPV Com 50075N104 213 6,517 0 0 6,517 02 6,517 0 0 Marvell Tech. Group Ltd. Common US Com G5876H105 97 11,345 0 0 11,345 01 11,345 0 0 --------- 124,403
Form 13F Information Table GAM USA Inc. Page 4 of 6 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 Marvell Tech. Group Ltd. Common US Com G5876H105 126 13,506 0 0 13,506 02 13,506 0 0 Merck & Company Inc. Common USD0.0 Com 589331107 20,152 636,500 0 0 636,500 01 636,500 0 0 Merck & Company Inc. Common USD0.0 Com 589331107 58,017 1,833,771 0 0 1,833,771 02 1,833,771 0 0 Microsoft Corporation Com. USD0.00 Com 594918104 80 3,216 0 0 3,216 01 3,216 0 0 Microsoft Corporation Com. USD0.00 Com 594918104 186 6,958 0 0 6,958 02 6,958 0 0 Mitsubishi UFJ Fin Grp ADR (1 rep ADR 606822104 79 9,500 0 0 9,500 01 9,500 0 0 MoneyGram International USD0.01 Com 60935Y109 61 42,000 0 0 42,000 01 42,000 0 0 Monsanto Company Common USD0.01 Com 61166W101 507 5,116 0 0 5,116 01 5,116 0 0 Neopharm Incorporated Common USD0. Com 640919106 376 1,706,797 0 0 1,706,797 01 1,706,797 0 0 New Oriental Education ADR (1 rep Com 647581107 420 7,000 0 0 7,000 01 7,000 0 0 New Oriental Education ADR (1 rep Com 647581107 585 9,100 0 0 9,100 02 9,100 0 0 On Semiconductor Corp. Com. USD0.0 Com 682189105 972 143,750 0 0 143,750 01 143,750 0 0 Oracle Corporation Common USD0.01 Com 68389X105 283 15,100 0 0 15,100 01 15,100 0 0 Oracle Corporation Common USD0.01 Com 68389X105 372 18,300 0 0 18,300 02 18,300 0 0 Penske Auto Group Inc. Common USD0 Com 70959W103 3,446 300,000 0 0 300,000 01 300,000 0 0 PetroChina Co. Ltd. ADR (1 Rep. 10 Com 71646E100 1,944 18,900 0 0 18,900 01 18,900 0 0 PetroChina Co. Ltd. ADR (1 Rep. 10 Com 71646E100 407 4,200 0 0 4,200 01 4,200 0 0 PetroChina Co. Ltd. ADR (1 Rep. 10 Com 71646E100 370 3,600 0 0 3,600 02 3,600 0 0 Petrohawk Energy Corp. Common USD0 Com 716495106 5,933 275,000 0 0 275,000 01 275,000 0 0 Pfizer Incorporated Common USD0.05 Com 717081103 4,598 250,000 0 0 250,000 01 250,000 0 0 Philip Morris International Com. N Com 718172109 49 1,040 0 0 1,040 01 1,040 0 0 Philip Morris International Com. N Com 718172109 60 1,250 0 0 1,250 02 1,250 0 0 Power-One Incorporated Common USD0 Com 739308104 2,900 2,000,000 0 0 2,000,000 01 2,000,000 0 0 Procter & Gamble Common NPV Com 742718109 132 1,960 0 0 1,960 01 1,960 0 0 Retalix Limited ILS1.00 Com M8215W109 353 29,021 0 0 29,021 01 29,021 0 0 --------- 102,407
Form 13F Information Table GAM USA Inc. Page 5 of 6 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 R.R. Donnelley & Sons Co. Comm. US Com 257867101 4,904 200,000 0 0 200,000 01 200,000 0 0 Sara Lee Corporation Common USD0.0 Com 803111103 22,324 1,767,530 0 0 1,767,530 01 1,767,530 0 0 Sara Lee Corporation Common USD0.0 Com 803111103 49,064 3,885,258 0 0 3,885,258 02 3,885,258 0 0 SoftBrands Incorporated Common USD Com 83402A107 215 229,449 0 0 229,449 01 229,449 0 0 Sony Corporation ADR (CNV To 1 Ord ADR 835699307 9 285 0 0 285 01 285 0 0 Sony Corporation ADR (CNV To 1 Ord ADR 835699307 170 5,500 0 0 5,500 02 5,500 0 0 Sprint Nextel Corporation Common U Com 852061100 7,181 1,173,293 0 0 1,173,293 01 1,173,293 0 0 Sprint Nextel Corporation Common U Com 852061100 20,739 3,391,820 0 0 3,391,820 02 3,391,820 0 0 Sterlite Industries Indi Adr (1rep Com 859737207 803 88,700 0 0 88,700 01 88,700 0 0 Sterlite Industries Indi Adr (1rep Com 859737207 87 10,400 0 0 10,400 01 10,400 0 0 St. Joe Corporation Common NPV Com 790148100 1,558 39,760 0 0 39,760 02 39,760 0 0 Sun Microsystems Inc. Common USD0. Com 866810203 5,981 787,475 0 0 787,475 01 787,475 0 0 Sun Microsystems Inc. Common USD0. Com 866810203 17,640 2,320,997 0 0 2,320,997 02 2,320,997 0 0 Synalloy Corporation Common USD1.0 Com 871565107 456 33,750 0 0 33,750 01 33,750 0 0 Taiwan Semi. - SP ADR (1 ADR Rep 5 Com 874039100 1,897 203,019 0 0 203,019 01 203,019 0 0 Tele Norte Leste ADR (1 Rep. 1 Pre ADR 879246106 563 32,300 0 0 32,300 01 32,300 0 0 Tellabs Incorporated Common USD0.0 Com 879664100 4,894 1,207,000 0 0 1,207,000 01 1,207,000 0 0 Tellabs Incorporated Common USD0.0 Com 879664100 14,394 3,550,493 0 0 3,550,493 02 3,550,493 0 0 Tenaris SA ADR (1 ADR Rep. 2 Ord.) Com 88031M109 687 18,400 0 0 18,400 01 18,400 0 0 Teva Pharmaceuticals ADR (1 Rep 1 ADR 881624209 223 5,150 0 0 5,150 01 5,150 0 0 The Boeing Company Common USD5 Com 097023105 166 2,993 0 0 2,993 01 2,993 0 0 The Boeing Company Common USD5 Com 097023105 156 2,721 0 0 2,721 02 2,721 0 0 Toyota Motor Corporation Spon. ADR Com 892331307 62 735 0 0 735 01 735 0 0 Toyota Motor Corporation Spon. ADR Com 892331307 163 1,900 0 0 1,900 02 1,900 0 0 Turkcell Iletisim ADR (1 rep 2.5 o Com 900111204 805 53,700 0 0 53,700 01 53,700 0 0 --------- 155,141
Form 13F Information Table GAM USA Inc. Page 6 of 6 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 UCBH Holdings INC Common USD0.01 Com 90262T308 1,297 202,360 0 0 202,360 02 202,360 0 0 Unisys Corporation Common USD0.01 Com 909214108 5,508 2,003,064 0 0 2,003,064 01 2,003,064 0 0 Unisys Corporation Common USD0.01 Com 909214108 15,705 5,714,900 0 0 5,714,900 02 5,714,900 0 0 USA Truck Incorporated Common USD0 Com 902925106 8,256 519,600 0 0 519,600 01 519,600 0 0 Viad Corporation Common USD 1.50 Com 92552R406 303 10,500 0 0 10,500 01 10,500 0 0 Vimpelcom-Sp ADR (1 rep 0.50 ord) Com 68370R109 516 25,500 0 0 25,500 01 25,500 0 0 WellPoint Inc. Common USD0.01 Com 94973V107 72 1,600 0 0 1,600 01 1,600 0 0 Williams Companies Inc. Common USD Com 969457100 1,479 62,537 0 0 62,537 01 62,537 0 0 Williams-Sonoma Inc. Common USD0.0 Com 969904101 3,403 210,600 0 0 210,600 02 210,600 0 0 Wyeth Common USD0.333 Com 983024100 13,392 362,200 0 0 362,200 01 362,200 0 0 Wyeth Common USD0.333 Com 983024100 8,996 243,300 0 0 243,300 02 243,300 0 0 --------- 58,928 ========= 952,461
-----END PRIVACY-ENHANCED MESSAGE-----