0000357235-11-000231.txt : 20111114
0000357235-11-000231.hdr.sgml : 20111111
20111114125902
ACCESSION NUMBER: 0000357235-11-000231
CONFORMED SUBMISSION TYPE: 13F-HR
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20110930
FILED AS OF DATE: 20111114
DATE AS OF CHANGE: 20111114
EFFECTIVENESS DATE: 20111114
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: 111200137
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, 2011
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: Barbara Manning
Title: Chief Compliance Officer
Phone: 212-805-2076
Signature, Place, and Date of Signing:
Barbara Manning New York, NY November 14, 2011
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: 163
Form13F Information Table Value Total: $484,740 (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 1386 19300 SH DEFINED 1 19300 0 0
ABBOTT LABS COM 002824100 391 7640 SH DEFINED 1 7640 0 0
ACCENTURE PLC IRELAND SHS CLASS A G1151C101 21296 404249 SH DEFINED 1 399650 0 4599
ACE LTD SHS H0023R105 182 3000 SH DEFINED 1 3000 0 0
ADVANCED SEMICONDUCTOR ENGR SPONSORED ADR 00756M404 554 131177 SH DEFINED 1 131177 0 0
ADVANTEST CORP SPON ADR NEW 00762U200 836 78218 SH DEFINED 1 63668 0 14550
AFLAC INC COM 001055102 115 3265 SH DEFINED 1 3075 0 190
AGCO CORP COM 001084102 377 10900 SH DEFINED 1 10900 0 0
AGNICO EAGLE MINES LTD COM 008474108 137 2300 SH DEFINED 1 2300 0 0
AMDOCS LTD ORD G02602103 4015 148011 SH DEFINED 1 135894 0 12117
AMERICAN EXPRESS CO COM 025816109 234 5200 SH DEFINED 1 5200 0 0
AMGEN INC COM 031162100 2623 47717 SH DEFINED 1 47717 0 0
ANADARKO PETE CORP COM 032511107 310 4916 SH DEFINED 1 4632 0 284
ANHEUSER BUSCH INBEV SA/NV SPONSORED ADR 03524A108 8006 151144 SH DEFINED 1 148717 0 2427
APACHE CORP COM 037411105 1218 15173 SH DEFINED 1 15173 0 0
ARCH CAP GROUP LTD ORD G0450A105 77 2340 SH DEFINED 1 2340 0 0
AT&T INC COM 00206R102 1016 35594 SH DEFINED 1 35594 0 0
AVON PRODS INC COM 054303102 161 8180 SH DEFINED 1 7725 0 455
BANCO BILBAO VIZCAYA ARGENTA SPONSORED ADR 05946K101 7 813 SH DEFINED 1 0 0 813
BANCO SANTANDER SA ADR 05964H105 710 88227 SH DEFINED 1 65767 0 22460
BANK OF AMERICA CORPORATION COM 060505104 423 68996 SH DEFINED 1 67812 0 1184
BARCLAYS PLC ADR 06738E204 4384 448830 SH DEFINED 1 439985 0 8845
BARRICK GOLD CORP COM 067901108 8411 180290 SH DEFINED 1 180290 0 0
BCE INC COM NEW 05534B760 16294 435004 SH DEFINED 1 429804 0 5200
BLOCK H & R INC COM 093671105 722 54240 SH DEFINED 1 54240 0 0
BRISTOL MYERS SQUIBB CO COM 110122108 860 27380 SH DEFINED 1 27000 0 380
BRITISH AMERN TOB PLC SPONSORED ADR 110448107 12424 146605 SH DEFINED 1 143115 0 3490
BROOKFIELD ASSET MGMT INC CL A LTD VT SH 112585104 370 13400 SH DEFINED 1 4892 0 8508
CANADIAN NAT RES LTD COM 136385101 34667 1184996 SH DEFINED 1 1178820 0 6176
CARDINAL HEALTH INC COM 14149Y108 1651 39400 SH DEFINED 1 39400 0 0
CENOVUS ENERGY INC COM 15135U109 5243 170722 SH DEFINED 1 159731 0 10991
CENTERPOINT ENERGY INC COM 15189T107 201 10210 SH DEFINED 1 9595 0 615
CENTURYLINK INC COM 156700106 543 16370 SH DEFINED 1 16370 0 0
CHEVRON CORP NEW COM 166764100 2180 23543 SH DEFINED 1 23320 0 223
CHINA MOBILE LIMITED SPONSORED ADR 16941M109 34118 700515 SH DEFINED 1 699595 0 920
CISCO SYS INC COM 17275R102 1526 98440 SH DEFINED 1 97600 0 840
CITIGROUP INC COM NEW 172967424 193 7520 SH DEFINED 1 7073 0 447
CNOOC LTD SPONSORED ADR 126132109 6813 42543 SH DEFINED 1 42310 0 233
COCA COLA CO COM 191216100 549 8117 SH DEFINED 1 7797 0 320
COMCAST CORP NEW CL A 20030N101 1049 50100 SH DEFINED 1 50100 0 0
COMPANHIA DE BEBIDAS DAS AME SPON ADR PFD 20441W203 1573 51300 SH DEFINED 1 51300 0 0
CONOCOPHILLIPS COM 20825C104 2014 31805 SH DEFINED 1 31465 0 340
COSAN LTD SHS A G25343107 774 81630 SH DEFINED 1 81630 0 0
COVIDIEN PLC SHS G2554F113 187 4230 SH DEFINED 1 3985 0 245
CPFL ENERGIA S A SPONSORED ADR 126153105 54 2400 SH DEFINED 1 2400 0 0
CREDIT SUISSE GROUP SPONSORED ADR 225401108 541 20615 SH DEFINED 1 15089 0 5526
CROWN HOLDINGS INC COM 228368106 493 16080 SH DEFINED 1 16080 0 0
CSX CORP COM 126408103 783 41915 SH DEFINED 1 40880 0 1035
CVS CAREMARK CORPORATION COM 126650100 2627 78180 SH DEFINED 1 78180 0 0
DANA HLDG CORP COM 235825205 141 13340 SH DEFINED 1 12540 0 800
DEUTSCHE BANK AG NAMEN AKT D18190898 65 1850 SH DEFINED 1 1850 0 0
DEVON ENERGY CORP NEW COM 25179M103 850 15320 SH DEFINED 1 15320 0 0
DIAMOND OFFSHORE DRILLING IN COM 25271C102 613 11190 SH DEFINED 1 11190 0 0
DIRECTV COM CL A 25490A101 704 16653 SH DEFINED 1 16413 0 240
DISNEY WALT CO COM DISNEY 254687106 181 6000 SH DEFINED 1 6000 0 0
DOVER CORP COM 260003108 329 7039 SH DEFINED 1 6608 0 431
EBAY INC COM 278642103 145 4885 SH DEFINED 1 4640 0 245
EMBRAER S A SP ADR REP 4 COM 29082A107 720 28360 SH DEFINED 1 28360 0 0
ENCANA CORP COM 292505104 2404 125139 SH DEFINED 1 116018 0 9121
ENDO PHARMACEUTICALS HLDGS I COM 29264F205 1011 36120 SH DEFINED 1 36120 0 0
ENSCO PLC SPONSORED ADR 29358Q109 555 13710 SH DEFINED 1 13710 0 0
ERICSSON L M TEL CO ADR B SEK 10 294821608 24 2500 SH DEFINED 1 2500 0 0
EXELON CORP COM 30161N101 605 14195 SH DEFINED 1 14195 0 0
FIFTH THIRD BANCORP COM 316773100 829 82077 SH DEFINED 1 82077 0 0
FIRST NIAGARA FINL GP INC COM 33582V108 218 23800 SH DEFINED 1 23800 0 0
FIRSTENERGY CORP COM 337932107 394 8760 SH DEFINED 1 8760 0 0
FORD MTR CO DEL COM PAR $0.01 345370860 558 57605 SH DEFINED 1 56415 0 1190
FOSTER WHEELER AG COM H27178104 604 33942 SH DEFINED 1 29170 0 4772
FRANCE TELECOM SPONSORED ADR 35177Q105 700 42735 SH DEFINED 1 42225 0 510
GENERAL DYNAMICS CORP COM 369550108 260 4570 SH DEFINED 1 4570 0 0
GLAXOSMITHKLINE PLC SPONSORED ADR 37733W105 12557 304271 SH DEFINED 1 301803 0 2468
GOLD FIELDS LTD NEW SPONSORED ADR 38059T106 20370 1329606 SH DEFINED 1 1316064 0 13542
GOLDMAN SACHS GROUP INC COM 38141G104 1579 16700 SH DEFINED 1 16700 0 0
GOOGLE INC CL A 38259P508 190 368 SH DEFINED 1 347 0 21
GRUPO TELEVISA SA DE CV SP ADR REP ORD 40049J206 9110 495367 SH DEFINED 1 485996 0 9371
GUESS INC COM 401617105 94 3275 SH DEFINED 1 3085 0 190
HALLIBURTON CO COM 406216101 1597 52295 SH DEFINED 1 51915 0 380
HCC INS HLDGS INC COM 404132102 953 35200 SH DEFINED 1 35200 0 0
HELMERICH & PAYNE INC COM 423452101 1975 48630 SH DEFINED 1 48630 0 0
HEWLETT PACKARD CO COM 428236103 1846 82200 SH DEFINED 1 82200 0 0
HOME DEPOT INC COM 437076102 165 5000 SH DEFINED 1 5000 0 0
HSBC HLDGS PLC SPON ADR NEW 404280406 10788 283812 SH DEFINED 1 279863 0 3949
ICICI BK LTD ADR 45104G104 1859 53530 SH DEFINED 1 53530 0 0
ILLINOIS TOOL WKS INC COM 452308109 1441 34630 SH DEFINED 1 34630 0 0
ING GROEP N V SPONSORED ADR 456837103 72 10195 SH DEFINED 1 4880 0 5315
INTEL CORP COM 458140100 1034 48430 SH DEFINED 1 48430 0 0
INTERNATIONAL BUSINESS MACHS COM 459200101 4215 24102 SH DEFINED 1 23956 0 146
INTL PAPER CO COM 460146103 1051 45170 SH DEFINED 1 44425 0 745
INVESCO MORTGAGE CAPITAL INC COM 46131B100 230 16270 SH DEFINED 1 16270 0 0
JOHNSON & JOHNSON COM 478160104 1720 27000 SH DEFINED 1 26775 0 225
JPMORGAN CHASE & CO COM 46625H100 2691 89313 SH DEFINED 1 88898 0 415
KB FINANCIAL GROUP INC SPONSORED ADR 48241A105 2890 88210 SH DEFINED 1 84065 0 4145
KIMBERLY CLARK CORP COM 494368103 350 4920 SH DEFINED 1 4920 0 0
KONINKLIJKE PHILIPS ELECTRS NY REG SH NEW 500472303 1 1 SH DEFINED 1 0 0 1
KRAFT FOODS INC CL A 50075N104 371 11040 SH DEFINED 1 11040 0 0
LILLY ELI & CO COM 532457108 345 9330 SH DEFINED 1 9330 0 0
MAGNA INTL INC COM 559222401 263 7951 SH DEFINED 1 6547 0 1404
MATTEL INC COM 577081102 433 16695 SH DEFINED 1 16695 0 0
MCDONALDS CORP COM 580135101 44 500 SH DEFINED 1 500 0 0
MEDTRONIC INC COM 585055106 104 3100 SH DEFINED 1 3100 0 0
MERCK & CO INC NEW COM 58933Y105 998 30490 SH DEFINED 1 30490 0 0
METLIFE INC COM 59156R108 1885 67297 SH DEFINED 1 67297 0 0
MICROSOFT CORP COM 594918104 3738 150173 SH DEFINED 1 149143 0 1030
MIZUHO FINL GROUP INC SPONSORED ADR 60687Y109 3 964 SH DEFINED 1 964 0 0
MOBILE TELESYSTEMS OJSC SPONSORED ADR 607409109 163 13200 SH DEFINED 1 13200 0 0
MORGAN STANLEY COM NEW 617446448 14 1000 SH DEFINED 1 1000 0 0
MYLAN INC COM 628530107 2063 121400 SH DEFINED 1 121400 0 0
NATIONAL GRID PLC SPON ADR NEW 636274300 18514 373341 SH DEFINED 1 357887 0 15454
NII HLDGS INC CL B NEW 62913F201 928 34425 SH DEFINED 1 30815 0 3610
NOBLE CORPORATION BAAR NAMEN -AKT H5833N103 758 25800 SH DEFINED 1 25800 0 0
NOKIA CORP SPONSORED ADR 654902204 1 137 SH DEFINED 1 137 0 0
NOVARTIS A G SPONSORED ADR 66987V109 5165 92652 SH DEFINED 1 84237 0 8415
NOVO-NORDISK A S ADR 670100205 305 3060 SH DEFINED 1 1546 0 1514
NRG ENERGY INC COM NEW 629377508 47 2200 SH DEFINED 1 2200 0 0
NUANCE COMMUNICATIONS INC COM 67020Y100 90 4400 SH DEFINED 1 4150 0 250
NUCOR CORP COM 670346105 412 13000 SH DEFINED 1 13000 0 0
ORACLE CORP COM 68389X105 1061 36900 SH DEFINED 1 36900 0 0
PEPSICO INC COM 713448108 4662 75305 SH DEFINED 1 75180 0 125
PETROLEO BRASILEIRO SA PETRO SP ADR NON VTG 71654V101 1536 74119 SH DEFINED 1 74119 0 0
PETROLEO BRASILEIRO SA PETRO SPONSORED ADR 71654V408 2619 116790 SH DEFINED 1 113785 0 3005
PFIZER INC COM 717081103 927 52400 SH DEFINED 1 52400 0 0
PHILIP MORRIS INTL INC COM 718172109 368 5889 SH DEFINED 1 5545 0 344
PNC FINL SVCS GROUP INC COM 693475105 319 6610 SH DEFINED 1 6610 0 0
PROCTER & GAMBLE CO COM 742718109 2540 40200 SH DEFINED 1 40200 0 0
RADIOSHACK CORP COM 750438103 389 33400 SH DEFINED 1 33400 0 0
RADVISION LTD ORD M81869105 422 73690 SH DEFINED 1 73690 0 0
REED ELSEVIER P L C SPONS ADR NEW 758205207 863 28337 SH DEFINED 1 27974 0 363
REYNOLDS AMERICAN INC COM 761713106 429 11420 SH DEFINED 1 11420 0 0
ROYAL DUTCH SHELL PLC SPONS ADR A 780259206 17626 286730 SH DEFINED 1 281830 0 4900
SANOFI SPONSORED ADR 80105N105 16423 501065 SH DEFINED 1 494425 0 6640
SENSIENT TECHNOLOGIES CORP COM 81725T100 137 4200 SH DEFINED 1 4200 0 0
SHAW COMMUNICATIONS INC CL B CONV 82028K200 362 17896 SH DEFINED 1 5011 0 12885
SIEMENS A G SPONSORED ADR 826197501 12236 136373 SH DEFINED 1 133886 0 2487
SILICONWARE PRECISION INDS L SPONSD ADR SPL 827084864 1627 340228 SH DEFINED 1 340228 0 0
SK TELECOM LTD SPONSORED ADR 78440P108 3854 273890 SH DEFINED 1 255094 0 18796
SPDR S&P 500 ETF TR TR UNIT 78462F103 352 3110 SH DEFINED 1 3110 0 0
SPECTRA ENERGY CORP COM 847560109 488 19870 SH DEFINED 1 19870 0 0
STANLEY BLACK & DECKER INC COM 854502101 224 4546 SH DEFINED 1 4331 0 215
STATOIL ASA SPONSORED ADR 85771P102 1097 50874 SH DEFINED 1 33105 0 17769
STRYKER CORP COM 863667101 1280 27140 SH DEFINED 1 27140 0 0
SUMITOMO MITSUI FINL GROUP I SPONSORED ADR 86562M209 3385 618692 SH DEFINED 1 533649 0 85043
TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADR 874039100 1925 168345 SH DEFINED 1 168096 0 249
TARGET CORP COM 87612E106 609 12400 SH DEFINED 1 12400 0 0
TELEFONICA S A SPONSORED ADR 879382208 5262 275386 SH DEFINED 1 259808 0 15578
TEVA PHARMACEUTICAL INDS LTD ADR 881624209 25723 691141 SH DEFINED 1 680814 0 10327
THERMO FISHER SCIENTIFIC INC COM 883556102 446 8800 SH DEFINED 1 8800 0 0
TRANSOCEAN LTD REG SHS H8817H100 2669 55900 SH DEFINED 1 55900 0 0
TRI-TECH HOLDING INC SHS G9103F106 18 4390 SH DEFINED 1 4390 0 0
TUPPERWARE BRANDS CORP COM 899896104 117 2170 SH DEFINED 1 2170 0 0
UBS AG SHS NEW H89231338 5406 472960 SH DEFINED 1 450216 0 22744
UNILEVER N V N Y SHS NEW 904784709 10894 346136 SH DEFINED 1 339405 0 6731
UNION PAC CORP COM 907818108 1805 22100 SH DEFINED 1 22100 0 0
UNITEDHEALTH GROUP INC COM 91324P102 2387 51750 SH DEFINED 1 51155 0 595
US BANCORP DEL COM NEW 902973304 968 41100 SH DEFINED 1 41100 0 0
VERIZON COMMUNICATIONS INC COM 92343V104 1033 28055 SH DEFINED 1 27765 0 290
VODAFONE GROUP PLC NEW SPONS ADR NEW 92857W209 14959 582921 SH DEFINED 1 562342 0 20579
WAL MART STORES INC COM 931142103 343 6600 SH DEFINED 1 6600 0 0
WEATHERFORD INTERNATIONAL LT REG SHS H27013103 1275 104400 SH DEFINED 1 104400 0 0
WILLIS GROUP HOLDINGS PUBLIC SHS G96666105 16284 473763 SH DEFINED 1 465948 0 7815
WISCONSIN ENERGY CORP COM 976657106 176 5595 SH DEFINED 1 5275 0 320
WPP PLC ADR 92933H101 3083 66974 SH DEFINED 1 66434 0 540
XL GROUP PLC SHS G98290102 24 1264 SH DEFINED 1 1264 0 0
YUM BRANDS INC COM 988498101 1458 29500 SH DEFINED 1 29500 0 0