-----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, Jlz4Z16hg2p9WkRsO4VwvcW3w7OoP3JSYqg6bEiO/ja4akM7WnLKkEXw+inn4E2+ UKEfsJL6FJHNwMspr6/cnA== 0000357235-10-000085.txt : 20101112 0000357235-10-000085.hdr.sgml : 20101111 20101112163322 ACCESSION NUMBER: 0000357235-10-000085 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20101111 FILED AS OF DATE: 20101112 DATE AS OF CHANGE: 20101112 EFFECTIVENESS DATE: 20101112 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Global Currents Investment Management, LLC CENTRAL INDEX KEY: 0001449508 IRS NUMBER: 261482415 STATE OF INCORPORATION: DE FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-13247 FILM NUMBER: 101187167 BUSINESS ADDRESS: STREET 1: 2 RIGHTER PARKWAY STREET 2: SUITE 100 CITY: WILMINGTON STATE: DE ZIP: 19803 BUSINESS PHONE: (302)476-3800 MAIL ADDRESS: STREET 1: 2 RIGHTER PARKWAY STREET 2: SUITE 100 CITY: WILMINGTON STATE: DE ZIP: 19803 13F-HR 1 gcim3q1.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: September 30, 2010 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: Global Currents Investment Management, LLC Address: 2 Righter Parkway Suite 100 Wilmington, DE 19806 13F File Number: 28-13247 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: Terrance Murphy Title: Vice President Phone: 302-476-3800 Signature, Place, and Date of Signing: Terrance Murphy New York, NY November 12, 2010 Report Type (Check only one.): [ X] 13F HOLDINGS REPORT. [ ] 13F NOTICE. [ ] 13F COMBINATION REPORT. FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 1 Form13F Information Table Entry Total: 190 Form13F Information Table Value Total: $1,270,756 (thousands) List of Other Included Managers: Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional managers with respect to which this report is filed, other than the manager filing this report. No. 13F File Number Name 1 28-1700 Legg Mason, Inc. FORM 13F INFORMATION TABLE VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE - ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- 3M CO COM 88579Y101 6473 74650 SH DEFINED 1 74650 0 0 ACE LTD SHS H0023R105 915 15700 SH DEFINED 1 15700 0 0 ACERGY S A SPONSORED ADR 00443E104 951 51487 SH DEFINED 1 49 0 51438 ADVANCED SEMICONDUCTOR ENGR SPONSORED ADR 00756M404 485 117715 SH DEFINED 1 12603 0 105112 ADVANTEST CORP SPON ADR NEW 00762U200 14885 745091 SH DEFINED 1 565145 0 179946 AEGON N V NY REGISTRY SH 007924103 1 52 SH DEFINED 1 52 0 0 AGCO CORP COM 001084102 11716 300320 SH DEFINED 1 300320 0 0 AGNICO EAGLE MINES LTD COM 008474108 4915 69192 SH DEFINED 1 69192 0 0 AGRIUM INC COM 008916108 16032 213785 SH DEFINED 1 196485 0 17300 ALTRIA GROUP INC COM 02209S103 24 995 SH DEFINED 1 995 0 0 AMDOCS LTD ORD G02602103 9248 322648 SH DEFINED 1 234470 0 88178 AMERICAN EXPRESS CO COM 025816109 9 200 SH DEFINED 1 200 0 0 AMGEN INC COM 031162100 16769 304267 SH DEFINED 1 304267 0 0 ANADARKO PETE CORP COM 032511107 15302 268214 SH DEFINED 1 261630 0 6584 ANHEUSER BUSCH INBEV SA/NV SPONSORED ADR 03524A108 10647 181211 SH DEFINED 1 153884 0 27327 ANNALY CAP MGMT INC COM 035710409 8994 510991 SH DEFINED 1 499671 0 11320 APACHE CORP COM 037411105 20292 207563 SH DEFINED 1 207563 0 0 ARCH CAP GROUP LTD ORD G0450A105 33314 397525 SH DEFINED 1 294086 0 103439 AT&T INC COM 00206R102 1144 39994 SH DEFINED 1 39994 0 0 AVNET INC COM 053807103 11 400 SH DEFINED 1 400 0 0 BANCO BILBAO VIZCAYA ARGENTA SPONSORED ADR 05946K101 19 1348 SH DEFINED 1 0 0 1348 BANCO SANTANDER SA ADR 05964H105 13285 1049302 SH DEFINED 1 895678 0 153624 BANK OF AMERICA CORPORATION COM 060505104 18272 1394477 SH DEFINED 1 1368428 0 26049 BARCLAYS PLC ADR 06738E204 11037 585497 SH DEFINED 1 469881 0 115616 BARRICK GOLD CORP COM 067901108 16226 350520 SH DEFINED 1 201920 0 148600 BCE INC COM NEW 05534B760 52781 1623999 SH DEFINED 1 1389757 0 234242 BIG LOTS INC COM 089302103 5634 169440 SH DEFINED 1 165225 0 4215 BP PLC SPONSORED ADR 055622104 1 15 SH DEFINED 1 15 0 0 BRISTOL MYERS SQUIBB CO COM 110122108 238 8760 SH DEFINED 1 8760 0 0 BRISTOW GROUP INC COM 110394103 6 150 SH DEFINED 1 150 0 0 BRITISH AMERN TOB PLC SPONSORED ADR 110448107 583 7800 SH DEFINED 1 2000 0 5800 BROOKFIELD ASSET MGMT INC CL A LTD VT SH 112585104 466 16425 SH DEFINED 1 0 0 16425 CAE INC COM 124765108 15 1400 SH DEFINED 1 1400 0 0 CANADIAN NAT RES LTD COM 136385101 64247 1856831 SH DEFINED 1 1430444 0 426387 CARDINAL HEALTH INC COM 14149Y108 19830 600161 SH DEFINED 1 588780 0 11381 CARNIVAL CORP PAIRED CTF 143658300 15339 401679 SH DEFINED 1 333695 0 67984 CELANESE CORP DEL COM SER A 150870103 14 410 SH DEFINED 1 410 0 0 CENOVUS ENERGY INC COM 15135U109 11505 399865 SH DEFINED 1 123770 0 276095 CENTERPOINT ENERGY INC COM 15189T107 3693 234870 SH DEFINED 1 221600 0 13270 CHECK POINT SOFTWARE TECH LT ORD M22465104 10420 282143 SH DEFINED 1 240490 0 41653 CHEVRON CORP NEW COM 166764100 24023 296386 SH DEFINED 1 291204 0 5182 CISCO SYS INC COM 17275R102 79 3600 SH DEFINED 1 3600 0 0 CIT GROUP INC COM NEW 125581801 9 200 SH DEFINED 1 200 0 0 CITIGROUP INC COM 172967101 12 3000 SH DEFINED 1 3000 0 0 COCA COLA CO COM 191216100 531 9060 SH DEFINED 1 1572 0 7488 COGO GROUP INC COM 192448108 12 1800 SH DEFINED 1 1800 0 0 COMCAST CORP NEW CL A 20030N101 1198 66225 SH DEFINED 1 66225 0 0 CONOCOPHILLIPS COM 20825C104 804 13995 SH DEFINED 1 6255 0 7740 COOPER INDUSTRIES PLC SHS G24140108 17 335 SH DEFINED 1 335 0 0 CPFL ENERGIA S A SPONSORED ADR 126153105 20483 290973 SH DEFINED 1 213558 0 77415 CREDIT SUISSE GROUP SPONSORED ADR 225401108 981 23047 SH DEFINED 1 1336 0 21711 CSX CORP COM 126408103 9005 162765 SH DEFINED 1 155310 0 7455 CVS CAREMARK CORPORATION COM 126650100 70 2200 SH DEFINED 1 2200 0 0 DEL MONTE FOODS CO COM 24522P103 12999 991490 SH DEFINED 1 991490 0 0 DELL INC COM 24702R101 12411 956854 SH DEFINED 1 956854 0 0 DEUTSCHE BANK AG NAMEN AKT D18190898 24036 437560 SH DEFINED 1 314242 0 123318 DEVON ENERGY CORP NEW COM 25179M103 3206 49520 SH DEFINED 1 49520 0 0 DIAGEO P L C SPON ADR NEW 25243Q205 69 984 SH DEFINED 1 16 0 968 DIGITAL RLTY TR INC COM 253868103 90 1450 SH DEFINED 1 1450 0 0 DIRECTV COM CL A 25490A101 16738 402055 SH DEFINED 1 389913 0 12142 DOVER CORP COM 260003108 514 9828 SH DEFINED 1 696 0 9132 DU PONT E I DE NEMOURS & CO COM 263534109 232 5180 SH DEFINED 1 5180 0 0 ENCANA CORP COM 292505104 4033 133387 SH DEFINED 1 81682 0 51705 ENDO PHARMACEUTICALS HLDGS I COM 29264F205 10607 319100 SH DEFINED 1 319100 0 0 ENSCO PLC SPONSORED ADR 29358Q109 278 6200 SH DEFINED 1 6200 0 0 EXELON CORP COM 30161N101 110 2575 SH DEFINED 1 2575 0 0 FIFTH THIRD BANCORP COM 316773100 11176 928967 SH DEFINED 1 905243 0 23724 FORD MTR CO DEL COM PAR $0.01 345370860 9 670 SH DEFINED 1 670 0 0 FOSTER WHEELER AG COM H27178104 3128 127860 SH DEFINED 1 127860 0 0 FRANCE TELECOM SPONSORED ADR 35177Q105 1035 48032 SH DEFINED 1 0 0 48032 FRESENIUS MED CARE AG&CO KGA SPONSORED ADR 358029106 96 1548 SH DEFINED 1 1548 0 0 FRONTIER COMMUNICATIONS CORP COM 35906A108 9 1000 SH DEFINED 1 1000 0 0 GANNETT INC COM 364730101 8 600 SH DEFINED 1 600 0 0 GENERAL DYNAMICS CORP COM 369550108 184 2920 SH DEFINED 1 2920 0 0 GENERAL ELECTRIC CO COM 369604103 9 510 SH DEFINED 1 510 0 0 GENZYME CORP COM 372917104 4149 58600 SH DEFINED 1 58600 0 0 GLAXOSMITHKLINE PLC SPONSORED ADR 37733W105 13342 337582 SH DEFINED 1 282545 0 55037 GOLD FIELDS LTD NEW SPONSORED ADR 38059T106 28645 1875778 SH DEFINED 1 1238519 0 637259 GOLDMAN SACHS GROUP INC COM 38141G104 1894 13100 SH DEFINED 1 13100 0 0 GROUPE CGI INC CL A SUB VTG 39945C109 16 1000 SH DEFINED 1 1000 0 0 GRUPO TELEVISA SA DE CV SP ADR REP ORD 40049J206 33192 1754259 SH DEFINED 1 1317858 0 436401 HALLIBURTON CO COM 406216101 25431 768984 SH DEFINED 1 755477 0 13507 HANESBRANDS INC COM 410345102 15 560 SH DEFINED 1 560 0 0 HCC INS HLDGS INC COM 404132102 1128 43200 SH DEFINED 1 43200 0 0 HELMERICH & PAYNE INC COM 423452101 2429 60030 SH DEFINED 1 60030 0 0 HEWLETT PACKARD CO COM 428236103 114 2700 SH DEFINED 1 2700 0 0 HOME DEPOT INC COM 437076102 35 1100 SH DEFINED 1 1100 0 0 HONDA MOTOR LTD AMERN SHS 438128308 9485 266497 SH DEFINED 1 227453 0 39044 HONEYWELL INTL INC COM 438516106 18575 422735 SH DEFINED 1 422735 0 0 HSBC HLDGS PLC SPON ADR NEW 404280406 23696 468377 SH DEFINED 1 355789 0 112588 HUANENG PWR INTL INC SPON ADR H SHS 443304100 112 4517 SH DEFINED 1 0 0 4517 ICICI BK LTD ADR 45104G104 14153 283900 SH DEFINED 1 64700 0 219200 ILLINOIS TOOL WKS INC COM 452308109 9411 200130 SH DEFINED 1 200130 0 0 ING GROEP N V SPONSORED ADR 456837103 103 9916 SH DEFINED 1 0 0 9916 INNOPHOS HOLDINGS INC COM 45774N108 1622 48994 SH DEFINED 1 48994 0 0 INTEL CORP COM 458140100 18328 954558 SH DEFINED 1 926143 0 28415 INTERNATIONAL BUSINESS MACHS COM 459200101 24273 180951 SH DEFINED 1 177371 0 3580 INTL PAPER CO COM 460146103 5644 259489 SH DEFINED 1 251215 0 8274 INVESCO MORTGAGE CAPITAL INC COM 46131B100 150 6945 SH DEFINED 1 6945 0 0 ISHARES TR MSCI EAFE IDX 464287465 68 1233 SH DEFINED 1 1233 0 0 JA SOLAR HOLDINGS CO LTD SPON ADR 466090107 23 2400 SH DEFINED 1 2400 0 0 JOHNSON & JOHNSON COM 478160104 2381 38419 SH DEFINED 1 32114 0 6305 JOHNSON CTLS INC COM 478366107 18 588 SH DEFINED 1 588 0 0 JPMORGAN CHASE & CO COM 46625H100 23835 626228 SH DEFINED 1 616616 0 9612 KB FINANCIAL GROUP INC SPONSORED ADR 48241A105 4134 96426 SH DEFINED 1 63825 0 32601 KOHLS CORP COM 500255104 1713 32500 SH DEFINED 1 32500 0 0 KONINKLIJKE PHILIPS ELECTRS NY REG SH NEW 500472303 1341 42790 SH DEFINED 1 141 0 42649 KRAFT FOODS INC CL A 50075N104 192 6200 SH DEFINED 1 6200 0 0 LDK SOLAR CO LTD SPONSORED ADR 50183L107 5 400 SH DEFINED 1 0 0 400 LG DISPLAY CO LTD SPONS ADR REP 50186V102 4728 271064 SH DEFINED 1 269522 0 1542 LUXOTTICA GROUP S P A SPONSORED ADR 55068R202 10193 373632 SH DEFINED 1 318983 0 54649 MAGNA INTL INC COM 559222401 1261 15322 SH DEFINED 1 600 0 14722 MAKITA CORP ADR NEW 560877300 9072 283989 SH DEFINED 1 241636 0 42353 MATTEL INC COM 577081102 189 8045 SH DEFINED 1 8045 0 0 MCDONALDS CORP COM 580135101 38 500 SH DEFINED 1 500 0 0 MEDCO HEALTH SOLUTIONS INC COM 58405U102 17 320 SH DEFINED 1 320 0 0 MEDTRONIC INC COM 585055106 68 2000 SH DEFINED 1 2000 0 0 MERCK & CO INC NEW COM 58933Y105 13883 377138 SH DEFINED 1 362298 0 14840 MEREDITH CORP COM 589433101 151 4520 SH DEFINED 1 4520 0 0 METLIFE INC COM 59156R108 19941 518599 SH DEFINED 1 512861 0 5738 MICROSOFT CORP COM 594918104 19543 797993 SH DEFINED 1 783059 0 14934 MIZUHO FINL GROUP INC SPONSORED ADR 60687Y109 90 31095 SH DEFINED 1 24400 0 6695 MOBILE TELESYSTEMS OJSC SPONSORED ADR 607409109 5735 270101 SH DEFINED 1 270100 0 1 MOTOROLA INC COM 620076109 9 1000 SH DEFINED 1 1000 0 0 MYLAN INC COM 628530107 36 1900 SH DEFINED 1 1900 0 0 NATIONAL GRID PLC SPON ADR NEW 636274300 1525 35669 SH DEFINED 1 0 0 35669 NEWS CORP CL B 65248E203 222 14696 SH DEFINED 1 682 0 14014 NIDEC CORP SPONSORED ADR 654090109 62 2784 SH DEFINED 1 2784 0 0 NII HLDGS INC CL B NEW 62913F201 9448 229865 SH DEFINED 1 219435 0 10430 NISOURCE INC COM 65473P105 92 5270 SH DEFINED 1 5270 0 0 NOKIA CORP SPONSORED ADR 654902204 619 61640 SH DEFINED 1 17000 0 44640 NOVARTIS A G SPONSORED ADR 66987V109 24562 425889 SH DEFINED 1 336674 0 89215 NOVO-NORDISK A S ADR 670100205 686 6959 SH DEFINED 1 0 0 6959 NRG ENERGY INC COM NEW 629377508 833 40000 SH DEFINED 1 40000 0 0 OLD REP INTL CORP COM 680223104 17824 1286916 SH DEFINED 1 1263727 0 23189 ORACLE CORP COM 68389X105 1083 40300 SH DEFINED 1 40300 0 0 PARTNERRE LTD COM G6852T105 8122 101295 SH DEFINED 1 98685 0 2610 PEPSICO INC COM 713448108 20531 309015 SH DEFINED 1 309015 0 0 PFIZER INC COM 717081103 5060 294660 SH DEFINED 1 270360 0 24300 PHILIP MORRIS INTL INC COM 718172109 718 12816 SH DEFINED 1 4915 0 7901 PITNEY BOWES INC COM 724479100 39 1800 SH DEFINED 1 1800 0 0 POSCO SPONSORED ADR 693483109 399 3500 SH DEFINED 1 3500 0 0 PROCTER & GAMBLE CO COM 742718109 8876 148000 SH DEFINED 1 148000 0 0 RADVISION LTD ORD M81869105 3611 547810 SH DEFINED 1 547810 0 0 RAYONIER INC COM 754907103 224 4450 SH DEFINED 1 4450 0 0 REED ELSEVIER P L C SPONS ADR NEW 758205207 997 29518 SH DEFINED 1 0 0 29518 REYNOLDS AMERICAN INC COM 761713106 221 3710 SH DEFINED 1 3710 0 0 ROYAL DUTCH SHELL PLC SPONS ADR A 780259206 25417 421499 SH DEFINED 1 346112 0 75387 SANOFI AVENTIS SPONSORED ADR 80105N105 2 51 SH DEFINED 1 51 0 0 SAP AG SPON ADR 803054204 3 51 SH DEFINED 1 51 0 0 SCHLUMBERGER LTD COM 806857108 62 1000 SH DEFINED 1 1000 0 0 SENSIENT TECHNOLOGIES CORP COM 81725T100 46 1500 SH DEFINED 1 1500 0 0 SHAW COMMUNICATIONS INC CL B CONV 82028K200 375 17020 SH DEFINED 1 0 0 17020 SIEMENS A G SPONSORED ADR 826197501 15058 142859 SH DEFINED 1 102372 0 40487 SIGNET JEWELERS LIMITED SHS G81276100 833 26238 SH DEFINED 1 9635 0 16603 SILICON MOTION TECHNOLOGY CO SPONSORED ADR 82706C108 642 117710 SH DEFINED 1 120 0 117590 SILICONWARE PRECISION INDS L SPONSD ADR SPL 827084864 958 176689 SH DEFINED 1 118852 0 57837 SK TELECOM LTD SPONSORED ADR 78440P108 4410 252386 SH DEFINED 1 119820 0 132566 SMITH & NEPHEW PLC SPDN ADR NEW 83175M205 327 7200 SH DEFINED 1 7200 0 0 SPECTRA ENERGY CORP COM 847560109 178 7870 SH DEFINED 1 7870 0 0 STANLEY BLACK & DECKER INC COM 854502101 365 5956 SH DEFINED 1 950 0 5006 STATOIL ASA SPONSORED ADR 85771P102 797 37943 SH DEFINED 1 0 0 37943 TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADR 874039100 1989 196145 SH DEFINED 1 146122 0 50023 TD AMERITRADE HLDG CORP COM 87236Y108 72 4400 SH DEFINED 1 4400 0 0 TEEKAY CORPORATION COM Y8564W103 1 22 SH DEFINED 1 22 0 0 TELEFONICA S A SPONSORED ADR 879382208 465 6250 SH DEFINED 1 15 0 6235 TEVA PHARMACEUTICAL INDS LTD ADR 881624209 75331 1428047 SH DEFINED 1 1078100 0 349947 THERMO FISHER SCIENTIFIC INC COM 883556102 6982 145815 SH DEFINED 1 145815 0 0 TIME WARNER INC COM NEW 887317303 167 5420 SH DEFINED 1 5420 0 0 TORM A/S SPONSORED ADR 891072100 1 34 SH DEFINED 1 34 0 0 TRANSOCEAN LTD REG SHS H8817H100 730 11338 SH DEFINED 1 10804 0 534 TRI-TECH HOLDING INC SHS G9103F106 7 590 SH DEFINED 1 590 0 0 TUPPERWARE BRANDS CORP COM 899896104 166 3620 SH DEFINED 1 3620 0 0 UBS AG SHS NEW H89231338 12701 745795 SH DEFINED 1 511890 0 233905 UNILEVER N V N Y SHS NEW 904784709 18797 629050 SH DEFINED 1 478653 0 150397 UNION PAC CORP COM 907818108 2234 27300 SH DEFINED 1 27300 0 0 UNITEDHEALTH GROUP INC COM 91324P102 3480 99100 SH DEFINED 1 99100 0 0 US BANCORP DEL COM NEW 902973304 1006 46500 SH DEFINED 1 46500 0 0 V F CORP COM 918204108 2350 29000 SH DEFINED 1 29000 0 0 VALE S A ADR 91912E105 7114 227500 SH DEFINED 1 23770 0 203730 VERIZON COMMUNICATIONS INC COM 92343V104 260 7960 SH DEFINED 1 7960 0 0 VODAFONE GROUP PLC NEW SPONS ADR NEW 92857W209 2426 97752 SH DEFINED 1 7734 0 90018 WAL MART STORES INC COM 931142103 19889 371616 SH DEFINED 1 363841 0 7775 WILLIS GROUP HOLDINGS PUBLIC SHS G96666105 22777 739004 SH DEFINED 1 576426 0 162578 WISCONSIN ENERGY CORP COM 976657106 414 7158 SH DEFINED 1 341 0 6817 XILINX INC COM 983919101 104 3890 SH DEFINED 1 3890 0 0 XL GROUP PLC SHS G98290102 28 1264 SH DEFINED 1 1264 0 0 YAMANA GOLD INC COM 98462Y100 5809 509500 SH DEFINED 1 42700 0 466800 YINGLI GREEN ENERGY HLDG CO ADR 98584B103 7 450 SH DEFINED 1 450 0 0 YUM BRANDS INC COM 988498101 1677 36400 SH DEFINED 1 36400 0 0
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