0000930413-12-000928.txt : 20120215
0000930413-12-000928.hdr.sgml : 20120215
20120215071220
ACCESSION NUMBER: 0000930413-12-000928
CONFORMED SUBMISSION TYPE: 13F-HR
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20111231
FILED AS OF DATE: 20120215
DATE AS OF CHANGE: 20120215
EFFECTIVENESS DATE: 20120215
FILER:
COMPANY DATA:
COMPANY CONFORMED NAME: GAM Holding Ltd.
CENTRAL INDEX KEY: 0001438848
IRS NUMBER: 000000000
STATE OF INCORPORATION: V8
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 13F-HR
SEC ACT: 1934 Act
SEC FILE NUMBER: 028-13808
FILM NUMBER: 12614194
BUSINESS ADDRESS:
STREET 1: KLAUSTRASSE 10
CITY: ZURICH
STATE: V8
ZIP: 999999999
BUSINESS PHONE: 212-407-4600
MAIL ADDRESS:
STREET 1: C/O GAM USA INC
STREET 2: ONE ROCKEFELLER PLAZA
CITY: NEW YORK
STATE: NY
ZIP: 10020
FORMER COMPANY:
FORMER CONFORMED NAME: Julius Baer Holding Ltd.
DATE OF NAME CHANGE: 20080627
13F-HR
1
c68591_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: 12/31/11
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 Holding Ltd.
Address: Klaustrasse 10, 8008 Zurich, Switzerland
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: Scott Sullivan
Title: Group General Counsel
Phone: 011-44-207-7917-2279
Signature, Place, and Date of Signing:
Scott Sullivan London, United Kingdom 02/14/12
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: 3
Form 13F Information Table Entry Total: 1,181
Form 13F Information Table Value Total: $4,466,152
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
03 00-00000-000 Swiss & Global Asset Management Ltd.
Form 13F Information Table
GAM Holding Ltd.
Page 1 of 47
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
21Vianet Group Inc. ADR (1 Rep. 6 90138A103 348 38,100 0 0 38,100 02 38,100 0 0
3M CO 88579Y101 20,517 251,035 0 0 251,035 03 251,035 0 0
3M Company Common USD0.01 88579Y101 12,295 150,440 0 0 150,440 02 150,440 0 0
ABBOTT LABORATORIES 002824100 22,295 396,490 0 0 396,490 03 396,490 0 0
ABERCROMBIE & FITCH CO-CL A 002896207 2,056 42,100 0 0 42,100 03 42,100 0 0
ABERDEEN LATIN AMERICAN EQTY 00306K106 10 328 0 0 328 03 328 0 0
Abovenet Inc. Com. USD0.01 00374N107 65 1,000 0 0 1,000 01 1,000 0 0
ACADIA REALTY TRUST 004239109 219 10,850 0 0 10,850 03 10,850 0 0
Accenture Plc-Cl A Com. USD0.00002 G1151C101 11,775 221,180 0 0 221,180 02 221,180 0 0
ACCENTURE PLC-CL A G1151C101 926 17,400 0 0 17,400 03 17,400 0 0
Acme Packet Inc. Com. USD0.001 004764106 735 23,790 0 0 23,790 02 23,790 0 0
Activision Blizzard Com. USD0.0000 00507V109 838 68,052 0 0 68,052 02 68,052 0 0
ACTIVISION BLIZZARD INC 00507V109 129 10,500 0 0 10,500 03 10,500 0 0
ADOBE SYSTEMS INC 00724F101 6,994 247,415 0 0 247,415 03 247,415 0 0
ADVANCE AUTO PARTS INC 00751Y106 111 1,600 0 0 1,600 03 1,600 0 0
ADVANCED MICRO DEVICES 007903107 71 13,200 0 0 13,200 03 13,200 0 0
Aecom Technology Corp. Com. USD0.0 00766T100 806 39,170 0 0 39,170 02 39,170 0 0
AEGION CORP 00770F104 447 29,108 0 0 29,108 03 29,108 0 0
AES CORP 00130H105 740 62,500 0 0 62,500 03 62,500 0 0
AETNA INC 00817Y108 2,447 58,000 0 0 58,000 03 58,000 0 0
AFLAC INC 001055102 4,503 104,100 0 0 104,100 03 104,100 0 0
AGCO CORP 001084102 95 2,200 0 0 2,200 03 2,200 0 0
AGILENT TECHNOLOGIES INC 00846U101 1,359 38,900 0 0 38,900 03 38,900 0 0
Agilent Technologies Inc. Common U 00846U101 721 20,640 0 0 20,640 02 20,640 0 0
AIG 19.01.21 CW/AIG 026874156 8 1,415 0 0 1,415 03 1,415 0 0
--------
90,510
Form 13F Information Table
GAM Holding Ltd.
Page 2 of 47
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
AIR PRODUCTS & CHEMICALS INC 009158106 2,172 25,500 0 0 25,500 03 25,500 0 0
AIRGAS INC 009363102 898 11,500 0 0 11,500 03 11,500 0 0
AKAMAI TECHNOLOGIES INC 00971T101 110 3,400 0 0 3,400 03 3,400 0 0
ALCOA INC 013817101 5,348 618,210 0 0 618,210 03 618,210 0 0
Alcoa Inc. Common USD1.00 013817101 6,288 727,384 0 0 727,384 01 727,384 0 0
Alcoa Inc. Common USD1.00 013817101 32,604 3,771,825 0 0 3,771,825 02 3,771,825 0 0
ALEXANDER'S INC 014752109 222 600 0 0 600 03 600 0 0
ALEXANDRIA REAL ESTATE EQUIT 015271109 1,065 15,440 0 0 15,440 03 15,440 0 0
ALEXION PHARMACEUTICALS INC 015351109 290 4,058 0 0 4,058 03 4,058 0 0
ALLEGHENY TECHNOLOGIES INC 01741R102 91 1,900 0 0 1,900 03 1,900 0 0
ALLERGAN INC 018490102 6,942 79,120 0 0 79,120 03 79,120 0 0
ALLIANCE DATA SYSTEMS CORP 018581108 114 1,100 0 0 1,100 03 1,100 0 0
Alliancebernstein Holding LP Com. 01881G106 209 16,000 0 0 16,000 01 16,000 0 0
ALLIANT ENERGY CORP 018802108 88 2,000 0 0 2,000 03 2,000 0 0
ALLIED NEVADA GOLD CORP 019344100 67 2,200 0 0 2,200 03 2,200 0 0
Allot Communications Ltd. Com. USD M0854Q105 735 48,400 0 0 48,400 02 48,400 0 0
ALLSTATE CORP 020002101 1,686 61,500 0 0 61,500 03 61,500 0 0
Alpha Natural Resour. Inc. Com. US 02076X102 463 22,666 0 0 22,666 02 22,666 0 0
ALPHA NATURAL RESOURCES INC 02076X102 106 5,200 0 0 5,200 03 5,200 0 0
ALTERA CORP 021441100 263 7,100 0 0 7,100 03 7,100 0 0
ALTRIA GROUP INC 02209S103 8,040 271,150 0 0 271,150 03 271,150 0 0
AMAZON.COM INC 023135106 8,897 51,400 0 0 51,400 03 51,400 0 0
Amazon.Com Inc. Com. USD0.01 023135106 2,169 12,531 0 0 12,531 02 12,531 0 0
AMC Networks Inc. A W/I Com. NPV 00164V103 413 11,000 0 0 11,000 01 11,000 0 0
AMC Networks Inc. A W/I Com. NPV 00164V103 154 4,100 0 0 4,100 02 4,100 0 0
--------
79,435
Form 13F Information Table
GAM Holding Ltd.
Page 3 of 47
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
AMEREN CORPORATION 023608102 1,149 34,670 0 0 34,670 03 34,670 0 0
Ameresco Inc. Class A Common USD0. 02361E108 3,152 229,736 0 0 229,736 01 229,736 0 0
Ameresco Inc. Class A Common USD0. 02361E108 135 9,862 0 0 9,862 02 9,862 0 0
AMERICA MOVIL-ADR SERIES L 02364W105 2,748 121,600 0 0 121,600 03 121,600 0 0
America Movil-ADR SL NPV(1 Rep 20 02364W105 452 20,000 0 0 20,000 01 20,000 0 0
AMERICAN CAMPUS COMMUNITIES 024835100 677 16,129 0 0 16,129 03 16,129 0 0
AMERICAN ELECTRIC POWER 025537101 2,100 50,836 0 0 50,836 03 50,836 0 0
AMERICAN EXPRESS CO 025816109 17,028 361,000 0 0 361,000 03 361,000 0 0
American Express Company Common US 025816109 1,132 24,000 0 0 24,000 01 24,000 0 0
AMERICAN INTERNATIONAL GROUP 026874784 498 21,450 0 0 21,450 03 21,450 0 0
AMERICAN WATER WORKS CO INC 030420103 1,969 61,800 0 0 61,800 03 61,800 0 0
AMERIPRISE FINANCIAL INC 03076C106 1,494 30,100 0 0 30,100 03 30,100 0 0
AMERISOURCEBERGEN CORP 03073E105 971 26,100 0 0 26,100 03 26,100 0 0
AMETEK INC 031100100 137 3,250 0 0 3,250 03 3,250 0 0
AMETEK Incorporated Common USD0.01 031100100 147 3,500 0 0 3,500 01 3,500 0 0
AMGEN INC 031162100 15,748 245,255 0 0 245,255 03 245,255 0 0
Ampco Pittsburgh Common USD1.00 032037103 10 500 0 0 500 01 500 0 0
AMPHENOL CORP-CL A 032095101 177 3,900 0 0 3,900 03 3,900 0 0
ANADARKO PETROLEUM CORP 032511107 5,114 67,000 0 0 67,000 03 67,000 0 0
Anadarko Petroleum Corp. Common US 032511107 153 2,000 0 0 2,000 01 2,000 0 0
ANALOG DEVICES INC 032654105 4,090 114,300 0 0 114,300 03 114,300 0 0
ANNALY CAPITAL MANAGEMENT IN 035710409 1,653 103,600 0 0 103,600 03 103,600 0 0
AOL INC 00184X105 9 606 0 0 606 03 606 0 0
AON CORP 037389103 866 18,500 0 0 18,500 03 18,500 0 0
APACHE CORP 037411105 13,332 147,182 0 0 147,182 03 147,182 0 0
---------
74,940
Form 13F Information Table
GAM Holding Ltd.
Page 4 of 47
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
Apache Corporation Common USD0.625 037411105 2,075 22,900 0 0 22,900 02 01 22,900 0 0
APARTMENT INVT & MGMT CO -A 03748R101 710 31,005 0 0 31,005 03 31,005 0 0
APOLLO GROUP INC-CL A 037604105 1,494 27,735 0 0 27,735 03 27,735 0 0
Apple Inc NPV 037833100 3,933 9,710 0 0 9,710 02 9,710 0 0
APPLE INC 037833100 73,661 181,880 0 0 181,880 03 181,880 0 0
APPLIED MATERIALS INC 038222105 2,045 190,980 0 0 190,980 03 190,980 0 0
APTARGROUP INC 038336103 136 2,600 0 0 2,600 03 2,600 0 0
AQUA AMERICA INC 03836W103 3,224 146,200 0 0 146,200 03 146,200 0 0
Arcelormittal 5% Cv. 15-05-2014 03938LAK0 1,411 1,338,000 0 0 1,338,000 02 1,338,000 0 0
Arcelormittal 5% Cv. 15-05-2014 03938LAK0 25,241 23,897,000 0 0 23,897,000 01 23,897,000 0 0
ARCH COAL INC 039380100 59 4,100 0 0 4,100 03 4,100 0 0
ARCHER-DANIELS-MIDLAND CO 039483102 7,130 249,300 0 0 249,300 03 249,300 0 0
Archer Daniels 0.875% Cv. 15-02-20 039483AW2 1,720 1,707,000 0 0 1,707,000 02 1,707,000 0 0
Archer Daniels 0.875% Cv. 15-02-20 039483AW2 21,008 20,800,000 0 0 20,800,000 01 20,800,000 0 0
Archer Daniels Midland Common NPV 039483102 29 1,000 0 0 1,000 01 1,000 0 0
ARROW ELECTRONICS INC 042735100 79 2,100 0 0 2,100 03 2,100 0 0
Aruba Networks Inc. Common USD0.00 043176106 500 27,000 0 0 27,000 02 27,000 0 0
ASHFORD HOSPITALITY TRUST 044103109 128 15,970 0 0 15,970 03 15,970 0 0
ASSOCIATED ESTATES REALTY CP 045604105 164 10,300 0 0 10,300 03 10,300 0 0
ASSURANT INC 04621X108 74 1,800 0 0 1,800 03 1,800 0 0
AT&T INC 00206R102 42,609 1,409,034 0 0 1,409,034 03 1,409,034 0 0
ATWOOD OCEANICS INC 050095108 1,341 33,700 0 0 33,700 03 33,700 0 0
AUTODESK INC 052769106 146 4,800 0 0 4,800 03 4,800 0 0
AUTOLIV INC 052800109 89 1,667 0 0 1,667 03 1,667 0 0
AUTOMATIC DATA PROCESSING 053015103 4,401 81,490 0 0 81,490 03 81,490 0 0
AutoNation Incorporated Common USD 05329W102 221 6,000 0 0 6,000 01 6,000 0 0
AUTOZONE INC 053332102 2,275 7,000 0 0 7,000 03 7,000 0 0
--------
195,903
Form 13F Information Table
GAM Holding Ltd.
Page 5 of 47
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
AutoZone Incorporated Common USD0. 053332102 9,097 28,000 0 0 28,000 01 28,000 0 0
AVALONBAY COMMUNITIES INC 053484101 3,380 25,883 0 0 25,883 03 25,883 0 0
AVERY DENNISON CORP 053611109 57 2,000 0 0 2,000 03 2,000 0 0
AVNET INC 053807103 87 2,800 0 0 2,800 03 2,800 0 0
AVON PRODUCTS INC 054303102 468 26,800 0 0 26,800 03 26,800 0 0
BAKER HUGHES INC 057224107 4,812 98,932 0 0 98,932 03 98,932 0 0
BALL CORP 058498106 764 21,400 0 0 21,400 03 21,400 0 0
BANCO BRADESCO-ADR 059460303 4,270 256,000 0 0 256,000 03 256,000 0 0
Banco Bradesco ADR (1 Rep. 1 Pref. 059460303 834 50,000 0 0 50,000 01 50,000 0 0
BANCO DE CHILE-ADR 059520106 409 5,000 0 0 5,000 03 5,000 0 0
Banco Macro SA ADR (1 rep. 10 ord. 05961W105 390 20,000 0 0 20,000 01 20,000 0 0
BANCO SANTANDER-CHILE-ADR 05965X109 719 9,500 0 0 9,500 03 9,500 0 0
BANCO SANTANDER BRASIL-ADS 05967A107 1,099 135,000 0 0 135,000 03 135,000 0 0
BANK OF AMERICA CORP 060505104 11,065 1,990,105 0 0 1,990,105 03 1,990,105 0 0
Bank of America Corp. Common USD0. 060505104 818 147,238 0 0 147,238 02 147,238 0 0
BANK OF NEW YORK MELLON CORP 064058100 5,420 272,226 0 0 272,226 03 272,226 0 0
Bank of NY Mellon Corp. Com. USD0. 064058100 518 26,000 0 0 26,000 01 26,000 0 0
BAXTER INTERNATIONAL INC 071813109 7,907 159,810 0 0 159,810 03 159,810 0 0
Baxter International Inc. Common U 071813109 10,435 210,890 0 0 210,890 02 210,890 0 0
BB&T CORP 054937107 1,898 75,400 0 0 75,400 03 75,400 0 0
BEAM INC 073730103 661 12,900 0 0 12,900 03 12,900 0 0
Beam Inc. Common USD3.125 073730103 307 6,000 0 0 6,000 01 6,000 0 0
Becton Dickinson & Co. Common USD1 075887109 523 7,000 0 0 7,000 01 7,000 0 0
BECTON DICKINSON AND CO 075887109 12,732 170,400 0 0 170,400 03 170,400 0 0
BED BATH & BEYOND INC 075896100 3,832 66,100 0 0 66,100 03 66,100 0 0
--------
82,503
Form 13F Information Table
GAM Holding Ltd.
Page 6 of 47
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
BEMIS COMPANY 081437105 602 20,000 0 0 20,000 03 20,000 0 0
BERKSHIRE HATHAWAY INC-CL B 084670702 13,344 174,890 0 0 174,890 03 174,890 0 0
BEST BUY CO INC 086516101 7,502 321,000 0 0 321,000 03 321,000 0 0
Biglari Holdings Inc. Com. USD0.50 08986R101 184 500 0 0 500 01 500 0 0
BIOGEN IDEC INC 09062X103 1,596 14,500 0 0 14,500 03 14,500 0 0
Biogen Idec Inc. Common USD0.0005 09062X103 915 8,310 0 0 8,310 02 8,310 0 0
BIOMED REALTY TRUST INC 09063H107 662 36,600 0 0 36,600 03 36,600 0 0
BLACKROCK INC 09247X101 2,415 13,550 0 0 13,550 03 13,550 0 0
Blackrock Inc. Common USD0.01 09247X101 416 2,335 0 0 2,335 02 2,335 0 0
BMC SOFTWARE INC 055921100 1,477 45,060 0 0 45,060 03 45,060 0 0
Boeing Co. Common USD5 097023105 734 10,000 0 0 10,000 01 10,000 0 0
BOEING CO/THE 097023105 7,342 100,100 0 0 100,100 03 100,100 0 0
BORGWARNER INC 099724106 147 2,300 0 0 2,300 03 2,300 0 0
BorgWarner Inc. Com. USD0.01 099724106 11,544 181,114 0 0 181,114 01 181,114 0 0
BorgWarner Inc. Com. USD0.01 099724106 504 7,914 0 0 7,914 02 7,914 0 0
BOSTON PROPERTIES INC 101121101 5,123 51,440 0 0 51,440 03 51,440 0 0
BOSTON SCIENTIFIC CORP 101137107 2,822 528,440 0 0 528,440 03 528,440 0 0
Boston Scientific Corp. Common USD 101137107 6,953 1,303,372 0 0 1,303,372 01 1,303,372 0 0
Boston Scientific Corp. Common USD 101137107 34,987 6,559,125 0 0 6,559,125 02 6,559,125 0 0
Boyd Gaming Corporation Common USD 103304101 45 6,000 0 0 6,000 01 6,000 0 0
BRANDYWINE REALTY TRUST 105368203 356 37,500 0 0 37,500 03 37,500 0 0
BRASIL TELECOM SA-ADR 10553M101 518 29,127 0 0 29,127 03 29,127 0 0
BRASKEM SA-SPON ADR 105532105 522 37,000 0 0 37,000 03 37,000 0 0
BRE PROPERTIES INC 05564E106 984 19,500 0 0 19,500 03 19,500 0 0
BRF - BRASIL FOODS SA-ADR 10552T107 2,542 130,000 0 0 130,000 03 130,000 0 0
--------
104,236
Form 13F Information Table
GAM Holding Ltd.
Page 7 of 47
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
Brink's Co./The Com. USD1.00 109696104 430 16,000 0 0 16,000 01 16,000 0 0
BRISTOL-MYERS SQUIBB CO 110122108 11,956 339,268 0 0 339,268 03 339,268 0 0
Bristol-Myers Squibb Co. Common US 110122108 282 8,000 0 0 8,000 01 8,000 0 0
BROADCOM CORP-CL A 111320107 840 28,600 0 0 28,600 03 28,600 0 0
Broadsoft Inc. Common NPV 11133B409 1,084 35,900 0 0 35,900 02 35,900 0 0
BROWN-FORMAN CORP-CLASS B 115637209 113 1,400 0 0 1,400 03 1,400 0 0
BRUKER CORP 116794108 676 54,400 0 0 54,400 03 54,400 0 0
Brunswick Corp. Common USD0.75 117043109 1,160 64,227 0 0 64,227 02 64,227 0 0
BUNGE LTD G16962105 3,283 57,400 0 0 57,400 03 57,400 0 0
Bunge Ltd. Common USD0.01 G16962105 2,597 45,410 0 0 45,410 02 01 45,410 0 0
C.H. ROBINSON WORLDWIDE INC 12541W209 1,626 23,300 0 0 23,300 03 23,300 0 0
CA INC 12673P105 1,177 58,200 0 0 58,200 03 58,200 0 0
CABLEVISION SYSTEMS-NY GRP-A 12686C109 64 4,500 0 0 4,500 03 4,500 0 0
Cablevision Systems Corp. Class A 12686C109 554 39,000 0 0 39,000 01 39,000 0 0
CABOT OIL & GAS CORP 127097103 1,260 16,600 0 0 16,600 03 16,600 0 0
Cabot Oil & Gas Corp. Com. USD0.10 127097103 395 5,210 0 0 5,210 02 5,210 0 0
CADENCE DESIGN SYS INC 127387108 181 17,400 0 0 17,400 03 17,400 0 0
Cadence Design Systems Inc. Com. U 127387108 1,776 170,660 0 0 170,660 02 170,660 0 0
CALPINE CORP 131347304 100 6,100 0 0 6,100 03 6,100 0 0
CAMDEN PROPERTY TRUST 133131102 1,102 17,700 0 0 17,700 03 17,700 0 0
CAMERON INTERNATIONAL CORP 13342B105 271 5,500 0 0 5,500 03 5,500 0 0
CAMPBELL SOUP CO 134429109 3,694 111,130 0 0 111,130 03 111,130 0 0
Campbell Soup Company Common USD0. 134429109 12,182 366,480 0 0 366,480 02 366,480 0 0
Canterbury Park Hdgs. Corp. Com. U 13811E101 77 5,800 0 0 5,800 01 5,800 0 0
CAPITAL ONE FINANCIAL CORP 14040H105 4,050 95,775 0 0 95,775 03 95,775 0 0
--------
50,928
Form 13F Information Table
GAM Holding Ltd.
Page 8 of 47
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
CARDINAL HEALTH INC 14149Y108 2,071 50,995 0 0 50,995 03 50,995 0 0
CAREFUSION CORP 14170T101 113 4,450 0 0 4,450 03 4,450 0 0
Carefusion Corp. Common USD0.01 14170T101 3,811 150,000 0 0 150,000 01 150,000 0 0
CARMAX INC 143130102 765 25,100 0 0 25,100 03 25,100 0 0
CARNIVAL CORP 143658300 4,475 137,100 0 0 137,100 03 137,100 0 0
CATERPILLAR INC 149123101 10,641 117,450 0 0 117,450 03 117,450 0 0
CBL & ASSOCIATES PROPERTIES 124830100 603 38,434 0 0 38,434 03 38,434 0 0
CBRE GROUP INC 12504L109 3,133 205,858 0 0 205,858 03 205,858 0 0
CBS CORP-CLASS B NON VOTING 124857202 369 13,600 0 0 13,600 03 13,600 0 0
CEDAR REALTY TRUST INC 150602209 57 13,300 0 0 13,300 03 13,300 0 0
CELANESE CORP-SERIES A 150870103 142 3,200 0 0 3,200 03 3,200 0 0
CELGENE CORP 151020104 6,206 91,800 0 0 91,800 03 91,800 0 0
CEMIG SA -SPONS ADR 204409601 1,516 85,200 0 0 85,200 03 85,200 0 0
CENTERPOINT ENERGY INC 15189T107 183 9,100 0 0 9,100 03 9,100 0 0
CENTRAIS ELEC BRAS-ADR PREF 15234Q108 290 20,000 0 0 20,000 03 20,000 0 0
CENTRAIS ELETRICAS BR-SP ADR 15234Q207 1,641 169,000 0 0 169,000 03 169,000 0 0
CENTURYLINK INC 156700106 3,479 93,527 0 0 93,527 03 93,527 0 0
CERNER CORP 156782104 3,112 50,800 0 0 50,800 03 50,800 0 0
CF INDUSTRIES HOLDINGS INC 125269100 265 1,830 0 0 1,830 03 1,830 0 0
CHESAPEAKE ENERGY CORP 165167107 1,915 85,900 0 0 85,900 03 85,900 0 0
Chesapeake Energy Corp. Com. USD0. 165167107 1,830 82,073 0 0 82,073 02 82,073 0 0
CHEVRON CORP 166764100 53,466 502,500 0 0 502,500 03 502,500 0 0
CHINA PETROLEUM & CHEM-ADR 16941R108 525 5,000 0 0 5,000 03 5,000 0 0
CHINA UNICOM HONG KONG-ADR 16945R104 317 15,000 0 0 15,000 03 15,000 0 0
CHIPOTLE MEXICAN GRILL INC 169656105 2,254 6,675 0 0 6,675 03 6,675 0 0
---------
103,179
Form 13F Information Table
GAM Holding Ltd.
Page 9 of 47
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 171046105 175 75,000 0 0 75,000 01 75,000 0 0
CHUBB CORP 171232101 11,200 161,800 0 0 161,800 03 161,800 0 0
Chubb Corporation Common USD1.00 171232101 7,269 105,000 0 0 105,000 01 105,000 0 0
CHUNGHWA TELECOM LTD-ADR 17133Q502 266 8,000 0 0 8,000 03 8,000 0 0
CHURCH & DWIGHT CO INC 171340102 1,981 43,300 0 0 43,300 03 43,300 0 0
Church & Dwight Co. Inc. Common US 171340102 4,577 100,000 0 0 100,000 01 100,000 0 0
CIA BRASILEIRA DE DIS-SP PRF 20440T201 801 22,000 0 0 22,000 03 22,000 0 0
CIA CERVECERIAS UNIDAS-ADR 204429104 2,537 40,200 0 0 40,200 03 40,200 0 0
CIA DE MINAS BUENAVENTUR-ADR 204448104 230 6,000 0 0 6,000 03 6,000 0 0
CIA SANEAMENTO BASICO DE-ADR 20441A102 6,396 114,936 0 0 114,936 03 114,936 0 0
CIA SIDERURGICA NACL-SP ADR 20440W105 736 90,000 0 0 90,000 03 90,000 0 0
CIGNA CORP 125509109 227 5,400 0 0 5,400 03 5,400 0 0
CIMAREX ENERGY CO 171798101 118 1,900 0 0 1,900 03 1,900 0 0
CINCINNATI FINANCIAL CORP 172062101 119 3,900 0 0 3,900 03 3,900 0 0
CINTAS CORP 172908105 108 3,100 0 0 3,100 03 3,100 0 0
Circor International Inc. Com. USD 17273K109 300 8,500 0 0 8,500 01 8,500 0 0
CISCO SYSTEMS INC 17275R102 22,143 1,224,745 0 0 1,224,745 03 1,224,745 0 0
Cisco Systems Inc. Common USD0.001 17275R102 5,728 316,714 0 0 316,714 01 316,714 0 0
Cisco Systems Inc. Common USD0.001 17275R102 28,928 1,599,669 0 0 1,599,669 02 1,599,669 0 0
Cisco Systems Inc. Common USD0.001 17275R102 13,990 773,550 0 0 773,550 02 773,550 0 0
CIT GROUP INC 125581801 136 3,900 0 0 3,900 03 3,900 0 0
CITIGROUP INC 172967424 15,808 600,840 0 0 600,840 03 600,840 0 0
Citigroup Incorporated Common USD0 172967424 1,147 43,577 0 0 43,577 01 43,577 0 0
Citigroup Incorporated Common USD0 172967424 5,918 224,947 0 0 224,947 02 224,947 0 0
CITRIX SYSTEMS INC 177376100 4,080 67,200 0 0 67,200 03 67,200 0 0
--------
134,918
Form 13F Information Table
GAM Holding Ltd.
Page 10 of 47
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Mkt
Value -- Investment Discretion -- --- Voting Authority ----
Name of Issuer Type CUSIP $ x1000 # Shares Sole Shared Other Managers Sole Shared None
Clearwire Corp. Class A Com. USD0. 18538Q105 75 38,710 0 0 38,710 02 01 38,710 0 0
CLIFFS NATURAL RESOURCES INC 18683K101 2,600 41,700 0 0 41,700 03 41,700 0 0
CLOROX COMPANY 189054109 1,511 22,700 0 0 22,700 03 22,700 0 0
CME GROUP INC 12572Q105 829 3,403 0 0 3,403 03 3,403 0 0
Cninsure Inc. ADR (1 Rep. 20 Ord.) 18976M103 691 100,000 0 0 100,000 01 100,000 0 0
COACH INC 189754104 3,803 62,300 0 0 62,300 03 62,300 0 0
Cobalt International Energy Com. U 19075F106 1,038 66,900 0 0 66,900 02 66,900 0 0
COCA-COLA CO/THE 191216100 27,143 387,930 0 0 387,930 03 387,930 0 0
Coca-Cola Company Common USD0.25 191216100 350 5,000 0 0 5,000 01 5,000 0 0
COCA-COLA ENTERPRISES 19122T109 2,323 90,100 0 0 90,100 03 90,100 0 0
COGNIZANT TECH SOLUTIONS-A 192446102 2,354 36,600 0 0 36,600 03 36,600 0 0
Cognizant Tech. Solutions A Com. U 192446102 509 7,910 0 0 7,910 02 7,910 0 0
Cohen & Steers Inc. Com. USD0.01 19247A100 289 10,000 0 0 10,000 01 10,000 0 0
COLGATE-PALMOLIVE CO 194162103 3,917 42,400 0 0 42,400 03 42,400 0 0
Colgate-Palmolive Co. Common USD1. 194162103 11,947 129,310 0 0 129,310 02 129,310 0 0
COLONIAL PROPERTIES TRUST 195872106 423 20,260 0 0 20,260 03 20,260 0 0
COMCAST CORP-CLASS A 20030N101 10,683 450,590 0 0 450,590 03 450,590 0 0
COMCAST CORP-SPECIAL CL A 20030N200 567 24,057 0 0 24,057 03 24,057 0 0
COMERICA INC 200340107 2,810 108,900 0 0 108,900 03 108,900 0 0
COMMONWEALTH REIT 203233101 350 21,050 0 0 21,050 03 21,050 0 0
COMPANHIA DE BEBIDAS-PRF ADR 20441W203 3,970 110,000 0 0 110,000 03 110,000 0 0
COMPUTER SCIENCES CORP 205363104 3,278 138,330 0 0 138,330 03 138,330 0 0
CONAGRA FOODS INC 205887102 240 9,100 0 0 9,100 03 9,100 0 0
CONCHO RESOURCES INC 20605P101 322 3,434 0 0 3,434 03 3,434 0 0
Conns Inc Common USD0.01 208242107 11,090 1,000,000 0 0 1,000,000 01 1,000,000 0 0
--------
93,112
Form 13F Information Table
GAM Holding Ltd.
Page 11 of 47
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Mkt
Value -- Investment Discretion -- --- Voting Authority ----
Name of Issuer Type CUSIP $ x1000 # Shares Sole Shared Other Managers Sole Shared None
ConocoPhillips Common USD1.250 20825C104 7,287 100,000 0 0 100,000 01 100,000 0 0
CONOCOPHILLIPS 20825C104 20,997 288,145 0 0 288,145 03 288,145 0 0
CONSOL ENERGY INC 20854P109 2,430 66,200 0 0 66,200 03 66,200 0 0
CONSOLIDATED EDISON INC 209115104 397 6,400 0 0 6,400 03 6,400 0 0
Consolidated Tomoka Land Common US 210226106 162 6,000 0 0 6,000 01 6,000 0 0
CONSTELLATION BRANDS INC-A 21036P108 511 24,700 0 0 24,700 03 24,700 0 0
CONSTELLATION ENERGY GROUP 210371100 155 3,900 0 0 3,900 03 3,900 0 0
CONSUMER DISCRETIONARY SELT 81369Y407 3,122 80,000 0 0 80,000 03 80,000 0 0
CONTINENTAL RESOURCES INC/OK 212015101 53 800 0 0 800 03 800 0 0
CORNING INC 219350105 7,547 581,400 0 0 581,400 03 581,400 0 0
Corning Incorporated Common USD0.5 219350105 39 3,000 0 0 3,000 01 3,000 0 0
CORPORATE OFFICE PROPERTIES 22002T108 398 18,700 0 0 18,700 03 18,700 0 0
CORRECTIONS CORP OF AMERICA 22025Y407 560 27,500 0 0 27,500 03 27,500 0 0
Corrections Corp. of Amer. Com. US 22025Y407 411 20,173 0 0 20,173 02 20,173 0 0
COSTCO WHOLESALE CORP 22160K105 14,123 169,500 0 0 169,500 03 169,500 0 0
COUSINS PROPERTIES INC 222795106 138 21,590 0 0 21,590 03 21,590 0 0
COVANCE INC 222816100 59 1,300 0 0 1,300 03 1,300 0 0
COVENTRY HEALTH CARE INC 222862104 100 3,300 0 0 3,300 03 3,300 0 0
CPFL ENERGIA SA-ADR 126153105 635 22,500 0 0 22,500 03 22,500 0 0
CR BARD INC 067383109 4,920 57,540 0 0 57,540 03 57,540 0 0
Crane Company Common USD1.00 224399105 420 9,000 0 0 9,000 01 9,000 0 0
CREDICORP LTD G2519Y108 241 2,200 0 0 2,200 03 2,200 0 0
CREE INC 225447101 48 2,200 0 0 2,200 03 2,200 0 0
Cree Inc. Common USD0.00125 225447101 9,005 408,578 0 0 408,578 01 408,578 0 0
Cree Inc. Common USD0.00125 225447101 386 17,525 0 0 17,525 02 17,525 0 0
--------
74,144
Form 13F Information Table
GAM Holding Ltd.
Page 12 of 47
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Mkt
Value -- Investment Discretion -- --- Voting Authority ----
Name of Issuer Type CUSIP $ x1000 # Shares Sole Shared Other Managers Sole Shared None
CROSSTEX ENERGY INC 22765Y104 130 10,300 0 0 10,300 03 10,300 0 0
CROWN CASTLE INTL CORP 228227104 264 5,900 0 0 5,900 03 5,900 0 0
CROWN HOLDINGS INC 228368106 272 8,100 0 0 8,100 03 8,100 0 0
CSX CORP 126408103 3,492 165,800 0 0 165,800 03 165,800 0 0
CTRIP.COM INTERNATIONAL-ADR 22943F100 210 8,970 0 0 8,970 03 8,970 0 0
CTS Corporation Common NPV 126501105 285 31,000 0 0 31,000 01 31,000 0 0
CUBESMART 229663109 211 19,800 0 0 19,800 03 19,800 0 0
CUMMINS INC 231021106 2,112 24,000 0 0 24,000 03 24,000 0 0
Cummins Inc. Common USD2.50 231021106 9,561 108,626 0 0 108,626 01 108,626 0 0
Cummins Inc. Common USD2.50 231021106 419 4,757 0 0 4,757 02 4,757 0 0
Curtiss-Wright Corporation Common 231561101 106 3,000 0 0 3,000 01 3,000 0 0
CVS CAREMARK CORP 126650100 18,578 455,570 0 0 455,570 03 455,570 0 0
D.R. Horton Inc 2% Cv. 15-05-2014 23331ABB4 3,198 2,750,000 0 0 2,750,000 02 2,750,000 0 0
Dana Holding Corp. Common USD0.01 235825205 170 14,000 0 0 14,000 01 14,000 0 0
Dana Holding Corp. Common USD0.01 235825205 728 59,971 0 0 59,971 02 59,971 0 0
DANAHER CORP 235851102 6,054 128,700 0 0 128,700 03 128,700 0 0
DARDEN RESTAURANTS INC 237194105 137 3,000 0 0 3,000 03 3,000 0 0
Darling International Inc. Com. US 237266101 9,890 744,160 0 0 744,160 01 744,160 0 0
Darling International Inc. Com. US 237266101 425 31,980 0 0 31,980 02 31,980 0 0
DAVITA INC 23918K108 1,759 23,200 0 0 23,200 03 23,200 0 0
DCT INDUSTRIAL TRUST INC 233153105 294 57,400 0 0 57,400 03 57,400 0 0
DDR CORP 23317H102 670 55,059 0 0 55,059 03 55,059 0 0
DEAN FOODS CO 242370104 672 60,000 0 0 60,000 03 60,000 0 0
Deckers Outdoor Corp. Common USD 0 243537107 901 11,930 0 0 11,930 02 11,930 0 0
DEERE & CO 244199105 4,780 61,800 0 0 61,800 03 61,800 0 0
--------
65,319
Form 13F Information Table
GAM Holding Ltd.
Page 13 of 47
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Mkt
Value -- Investment Discretion -- --- Voting Authority ----
Name of Issuer Type CUSIP $ x1000 # Shares Sole Shared Other Managers Sole Shared None
Deere & Company Common USD1.00 244199105 890 11,500 0 0 11,500 01 11,500 0 0
DELL INC 24702R101 5,144 351,600 0 0 351,600 03 351,600 0 0
DELTA AIR LINES INC 247361702 37 4,600 0 0 4,600 03 4,600 0 0
Delta Air Lines Inc. Common NPV 247361702 483 59,660 0 0 59,660 02 59,660 0 0
DENBURY RESOURCES INC 247916208 423 28,000 0 0 28,000 03 28,000 0 0
DENTSPLY INTERNATIONAL INC 249030107 2,243 64,100 0 0 64,100 03 64,100 0 0
DEVON ENERGY CORPORATION 25179M103 12,685 204,593 0 0 204,593 03 204,593 0 0
DEVRY INC 251893103 50 1,300 0 0 1,300 03 1,300 0 0
Diageo PLC Sponsored ADR 25243Q205 656 7,500 0 0 7,500 01 7,500 0 0
DIAMOND OFFSHORE DRILLING 25271C102 3,380 61,173 0 0 61,173 03 61,173 0 0
DIAMONDROCK HOSPITALITY CO 252784301 426 44,143 0 0 44,143 03 44,143 0 0
Diebold Incorporated Common USD1.2 253651103 526 17,500 0 0 17,500 01 17,500 0 0
DIGITAL REALTY TRUST INC 253868103 1,767 26,500 0 0 26,500 03 26,500 0 0
Digitalglobe Inc. Com. USD0.001 25389M877 596 34,840 0 0 34,840 02 34,840 0 0
DIRECTV-CLASS A 25490A101 3,754 87,801 0 0 87,801 03 87,801 0 0
DIRECTV Class A Com. USD0.01 25490A101 470 11,000 0 0 11,000 01 11,000 0 0
DISCOVER FINANCIAL SERVICES 254709108 1,830 76,250 0 0 76,250 03 76,250 0 0
DISCOVERY COMMUNICATIONS-A 25470F104 115 2,800 0 0 2,800 03 2,800 0 0
DISCOVERY COMMUNICATIONS-C 25470F302 113 3,000 0 0 3,000 03 3,000 0 0
DISH NETWORK CORP-A 25470M109 122 4,300 0 0 4,300 03 4,300 0 0
DISH Network Corp. Cls. A Com. USD 25470M109 541 19,000 0 0 19,000 01 19,000 0 0
DOLBY LABORATORIES INC-CL A 25659T107 31 1,000 0 0 1,000 03 1,000 0 0
DOLLAR GENERAL CORP 256677105 119 2,900 0 0 2,900 03 2,900 0 0
DOLLAR TREE INC 256746108 212 2,550 0 0 2,550 03 2,550 0 0
DOMINION RESOURCES INC/VA 25746U109 4,899 92,300 0 0 92,300 03 92,300 0 0
--------
41,512
Form 13F Information Table
GAM Holding Ltd.
Page 14 of 47
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Mkt
Value -- Investment Discretion -- --- Voting Authority ----
Name of Issuer Type CUSIP $ x1000 # Shares Sole Shared Other Managers Sole Shared None
DOMTAR CORP 257559203 192 2,400 0 0 2,400 03 2,400 0 0
DOUGLAS EMMETT INC 25960P109 637 34,900 0 0 34,900 03 34,900 0 0
DOVER CORP 260003108 6,240 107,500 0 0 107,500 03 107,500 0 0
DOW CHEMICAL CO/THE 260543103 8,798 305,900 0 0 305,900 03 305,900 0 0
DR HORTON INC 23331A109 588 46,600 0 0 46,600 03 46,600 0 0
DR Horton Inc NOTE 2.000% 5/1 23331ABB4 14,538 12,500,000 0 0 12,500,000 01 12,500,000 0 0
DR PEPPER SNAPPLE GROUP INC 26138E109 2,452 62,100 0 0 62,100 03 62,100 0 0
Dr Pepper Snapple Grp. Inc. Com. U 26138E109 395 10,000 0 0 10,000 01 10,000 0 0
DTE ENERGY COMPANY 233331107 207 3,800 0 0 3,800 03 3,800 0 0
Du Pont (E.I.) De Nemours USD0.30 263534109 5,288 115,503 0 0 115,503 01 115,503 0 0
Du Pont (E.I.) De Nemours USD0.30 263534109 27,202 594,188 0 0 594,188 02 594,188 0 0
DU PONT (E.I.) DE NEMOURS 263534109 5,796 126,600 0 0 126,600 03 126,600 0 0
DUKE ENERGY CORP 26441C105 1,276 58,000 0 0 58,000 03 58,000 0 0
DUKE REALTY CORP 264411505 810 67,201 0 0 67,201 03 67,201 0 0
DUN & BRADSTREET CORP 26483E100 82 1,100 0 0 1,100 03 1,100 0 0
DUPONT FABROS TECHNOLOGY 26613Q106 363 15,000 0 0 15,000 03 15,000 0 0
EASTGROUP PROPERTIES INC 277276101 335 7,700 0 0 7,700 03 7,700 0 0
EASTMAN CHEMICAL CO 277432100 172 4,400 0 0 4,400 03 4,400 0 0
Eastman Kodak Company Common USD2. 277461109 66 101,359 0 0 101,359 01 101,359 0 0
Eastman Kodak Company Common USD2. 277461109 295 454,870 0 0 454,870 02 454,870 0 0
EATON CORP 278058102 5,350 122,900 0 0 122,900 03 122,900 0 0
EATON VANCE CORP 278265103 54 2,300 0 0 2,300 03 2,300 0 0
EBAY INC 278642103 6,354 209,480 0 0 209,480 03 209,480 0 0
eBay Incorporated Common USD0.001 278642103 3,881 127,972 0 0 127,972 01 127,972 0 0
eBay Incorporated Common USD0.001 278642103 19,021 627,125 0 0 627,125 02 627,125 0 0
eBay Incorporated Common USD0.001 278642103 303 10,000 0 0 10,000 01 10,000 0 0
--------
110,694
Form 13F Information Table
GAM Holding Ltd.
Page 15 of 47
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Value -- Investment Discretion -- --- Voting Authority ----
Name of Issuer Type CUSIP $ x1000 # Shares Sole Shared Other Managers Sole Shared None
eBay Incorporated Common USD0.001 278642103 2,474 81,584 0 0 81,584 02 81,584 0 0
Echostar Corp. A Com. NPV 278768106 293 14,000 0 0 14,000 01 14,000 0 0
ECOLAB INC 278865100 5,914 102,300 0 0 102,300 03 102,300 0 0
ECOPETROL SA-SPONSORED ADR 279158109 1,959 44,000 0 0 44,000 03 44,000 0 0
EDISON INTERNATIONAL 281020107 2,352 56,800 0 0 56,800 03 56,800 0 0
EDUCATION REALTY TRUST INC 28140H104 158 15,400 0 0 15,400 03 15,400 0 0
Edward Lifesciences Corporation Co 28176E108 1,292 18,270 0 0 18,270 02 18,270 0 0
EDWARDS LIFESCIENCES CORP 28176E108 163 2,300 0 0 2,300 03 2,300 0 0
EL PASO CORP 28336L109 577 21,700 0 0 21,700 03 21,700 0 0
EL Paso Corporation Common USD3.00 28336L109 31,574 1,188,099 0 0 1,188,099 01 1,188,099 0 0
EL Paso Corporation Common USD3.00 28336L109 113,784 4,281,777 0 0 4,281,777 02 4,281,777 0 0
EL Paso Corporation Common USD3.00 28336L109 718 27,000 0 0 27,000 01 27,000 0 0
Electronic Arts Inc. Common USD0.0 285512109 268 13,000 0 0 13,000 01 13,000 0 0
ELI LILLY & CO 532457108 7,660 184,320 0 0 184,320 03 184,320 0 0
Ellie Mae Inc. Com. USD0.0001 28849P100 373 66,000 0 0 66,000 02 66,000 0 0
ELSTER GROUP SE-ADR 290348101 1,888 145,237 0 0 145,237 03 145,237 0 0
EMBRAER SA-ADR 29082A107 1,211 48,000 0 0 48,000 03 48,000 0 0
EMC Corp. 1.75% Cv. 01-12-2013 268648AM4 1,010 700,000 0 0 700,000 02 700,000 0 0
EMC Corp. 1.75% Cv. 01-12-2013 268648AM4 15,840 11,000,000 0 0 11,000,000 01 11,000,000 0 0
EMC Corp. Massachusetts Common USD 268648102 1,785 82,860 0 0 82,860 02 82,860 0 0
EMC CORP/MASS 268648102 10,242 475,486 0 0 475,486 03 475,486 0 0
EMERSON ELECTRIC CO 291011104 13,178 282,840 0 0 282,840 03 282,840 0 0
EMPRESA NAC ELEC-CHIL-SP ADR 29244T101 2,368 53,400 0 0 53,400 03 53,400 0 0
ENERGEN CORP 29265N108 70 1,400 0 0 1,400 03 1,400 0 0
ENERGIZER HOLDINGS INC 29266R108 108 1,400 0 0 1,400 03 1,400 0 0
Energizer Holdings Inc. Common USD 29266R108 635 8,200 0 0 8,200 01 8,200 0 0
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217,892
Form 13F Information Table
GAM Holding Ltd.
Page 16 of 47
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Mkt
Value -- Investment Discretion -- --- Voting Authority ----
Name of Issuer Type CUSIP $ x1000 # Shares Sole Shared Other Managers Sole Shared None
ENERGY SELECT SECTOR SPDR 81369Y506 2,765 40,000 0 0 40,000 03 40,000 0 0
ENERSIS S.A. -SPONS ADR 29274F104 2,390 135,540 0 0 135,540 03 135,540 0 0
Enova Systems Inc. Ord. NPV 29355M200 98 405,462 0 0 405,462 01 405,462 0 0
Enova Systems Inc. Ord. NPV 29355M200 255 1,060,970 0 0 1,060,970 02 1,060,970 0 0
Ensco PLC Spon. ADR (1 Rep. 1 Ord. 29358Q109 452 9,630 0 0 9,630 02 9,630 0 0
ENTERGY CORP 29364G103 3,159 43,250 0 0 43,250 03 43,250 0 0
ENTERTAINMENT PROPERTIES TR 29380T105 577 13,200 0 0 13,200 03 13,200 0 0
EOG RESOURCES INC 26875P101 2,532 25,700 0 0 25,700 03 25,700 0 0
EQT CORP 26884L109 285 5,200 0 0 5,200 03 5,200 0 0
EQUIFAX INC 294429105 97 2,500 0 0 2,500 03 2,500 0 0
EQUITY LIFESTYLE PROPERTIES 29472R108 667 10,000 0 0 10,000 03 10,000 0 0
EQUITY ONE INC 294752100 267 15,700 0 0 15,700 03 15,700 0 0
EQUITY RESIDENTIAL 29476L107 8,834 154,900 0 0 154,900 03 154,900 0 0
ESSEX PROPERTY TRUST INC 297178105 1,138 8,100 0 0 8,100 03 8,100 0 0
ESTEE LAUDER COMPANIES-CL A 518439104 2,898 25,800 0 0 25,800 03 25,800 0 0
Exelis Inc. Com. NPV 30162A108 109 12,000 0 0 12,000 01 12,000 0 0
EXELON CORP 30161N101 7,691 177,325 0 0 177,325 03 177,325 0 0
Exelon Corporation Common NPV 30161N101 2,928 67,510 0 0 67,510 02 01 67,510 0 0
EXPEDITORS INTL WASH INC 302130109 1,475 36,000 0 0 36,000 03 36,000 0 0
Express Incorporated NPV 30219E103 32 1,600 0 0 1,600 02 1,600 0 0
EXPRESS SCRIPTS INC 302182100 3,169 70,900 0 0 70,900 03 70,900 0 0
EXTRA SPACE STORAGE INC 30225T102 538 22,200 0 0 22,200 03 22,200 0 0
EXXON MOBIL CORP 30231G102 81,846 965,616 0 0 965,616 03 965,616 0 0
Exxon Mobil Corp. Com. NPV 30231G102 170 2,000 0 0 2,000 01 2,000 0 0
F5 NETWORKS INC 315616102 722 6,800 0 0 6,800 03 6,800 0 0
--------
125,090
Form 13F Information Table
GAM Holding Ltd.
Page 17 of 47
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Mkt
Value -- Investment Discretion -- --- Voting Authority ----
Name of Issuer Type CUSIP $ x1000 # Shares Sole Shared Other Managers Sole Shared None
F5 Networks Inc. Common NPV 15616102 1,195 11,265 0 0 11,265 02 11,265 0 0
FAMILY DOLLAR STORES 307000109 138 2,400 0 0 2,400 03 2,400 0 0
FASTENAL CO 311900104 1,143 26,200 0 0 26,200 03 26,200 0 0
Federal Mogul Corp. Com. USD0.01 313549404 546 37,000 0 0 37,000 01 37,000 0 0
FEDERAL REALTY INVS TRUST 313747206 1,579 17,400 0 0 17,400 03 17,400 0 0
FEDEX CORP 31428X106 4,042 48,400 0 0 48,400 03 48,400 0 0
FELCOR LODGING TRUST INC 31430F101 94 30,840 0 0 30,840 03 30,840 0 0
Ferro Corporation Common USD1 315405100 49 10,000 0 0 10,000 01 10,000 0 0
FIDELITY NATIONAL FINL-A 31620R105 70 4,367 0 0 4,367 03 4,367 0 0
FIDELITY NATIONAL INFORMATIO 31620M106 133 4,997 0 0 4,997 03 4,997 0 0
FIFTH THIRD BANCORP 316773100 261 20,500 0 0 20,500 03 20,500 0 0
FINANCIAL SELECT SECTOR SPDR 81369Y605 7,124 548,000 0 0 548,000 03 548,000 0 0
Finisar Corporation Com. USD0.001 31787A507 1,059 63,230 0 0 63,230 02 63,230 0 0
FIRST INDUSTRIAL REALTY TR 32054K103 214 20,900 0 0 20,900 03 20,900 0 0
FIRST POTOMAC REALTY TRUST 33610F109 154 11,800 0 0 11,800 03 11,800 0 0
FIRST SOLAR INC 336433107 37 1,100 0 0 1,100 03 1,100 0 0
First Solar Inc. Com. USD0.001 336433107 4,783 141,680 0 0 141,680 01 141,680 0 0
FIRSTENERGY CORP 337932107 1,954 44,101 0 0 44,101 03 44,101 0 0
FirstEnergy Corporation Common USD 337932107 35 800 0 0 800 01 800 0 0
FISERV INC 337738108 2,144 36,500 0 0 36,500 03 36,500 0 0
Fisher Communications Inc. Com. US 337756209 403 14,000 0 0 14,000 01 14,000 0 0
FLEXTRONICS INTL LTD Y2573F102 93 16,498 0 0 16,498 03 16,498 0 0
FLIR SYSTEMS INC 302445101 100 4,000 0 0 4,000 03 4,000 0 0
FLOWERS FOODS INC 343498101 65 3,400 0 0 3,400 03 3,400 0 0
FLOWSERVE CORP 34354P105 4,013 40,400 0 0 40,400 03 40,400 0 0
--------
31,427
Form 13F Information Table
GAM Holding Ltd.
Page 18 of 47
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Mkt
Value -- Investment Discretion -- --- Voting Authority ----
Name of Issuer Type CUSIP $ x1000 # Shares Sole Shared Other Managers Sole Shared None