13F-HR 1 rtam13f03_03.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: December 31, 2002 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: Reich & Tang Asset Management, LLC Address: 600 Fifth Avenue 8th Floor New York, NY 10020 13F File Number: 28-4818 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: Michael D. Appleton Title: Vice President, Compliance Officer & Secretary Phone: 212-830-5494 Signature, Place, and Date of Signing: Michael D. Appleton New York, New York February 6, 2003 Report Type (Check only one.): [X] 13F HOLDINGS REPORT. [ ] 13F NOTICE. [ ] 13F COMBINATION REPORT. I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE ACT OF 1934. /s/ Michael D. Appleton ---------------------- Michael D. Appleton FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 1 Form 13F Information Table Entry Total: 158 Form 13F Information Table Value Total: $1,392,809,000.00 List of Other Included Managers: No. 13F File Number Name --- --------------- ---- 01 28-6808 CDC IXIS Asset Management North America, LP 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 ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- BAXTER INTL INC CORP PFD 071813406 385 10000 SH DEFINED 10000 O SULLIVAN INDUSTRIES PFD SR 1 67104Q205 40 92900 SH DEFINED 92900 AARON RENTS INC. COM 002535201 26188 1285000 SH DEFINED 1285000 ACLARA BIOSCIENCES, INC. COM 00461p106 150 75000 SH DEFINED 75000 ACUITY BRANDS, INC. COM 00508y102 2777 206500 SH DEFINED 206500 ACXIOM CORP COM COM 005125109 11263 669200 SH DEFINED 669200 ALBERTO-CULVER COMPANY CL A COM 013068200 240 5000 SH DEFINED 5000 ALLEGHENY TECHNOLOGIES INCORPO COM 01741R102 29 10000 SH DEFINED 10000 AMETEK, INC. COM 031100100 6205 187972 SH DEFINED 187972 ANDREW CORPORATION COM 034425108 962 175000 SH DEFINED 175000 ANNALY MORTGAGE MANAGEMENT, IN COM 035710409 201 11500 SH DEFINED 11500 APOGENT TECHNOLOGIES COM 03760A101 40086 2749400 SH DEFINED 2749400 APPLIED MATERIALS, INC. COM 038222105 440 35000 SH DEFINED 35000 APTARGROUP, INC. COM 038336103 3332 103000 SH DEFINED 103000 AUTODESK, INC. COM 052769106 153 10000 SH DEFINED 10000 BALL CORPORATION COM 058498106 1933 34700 SH DEFINED 34700 BALTEK CORP. COM 058822107 184 12200 SH DEFINED 12200 BLYTH INDUSTRIES, INC. COM 09643P108 44480 1749100 SH DEFINED 1749100 BMC INDUSTRIES, INC. COM 055607105 16 12000 SH DEFINED 12000 BRUKER DALTONICS INC COM COM 116795105 508 170000 SH DEFINED 170000 BUSH INDUSTRIES INC. CL A COM 123164105 1543 946500 SH DEFINED 946500 CALGON CARBON CORPORATION COM 129603106 674 137500 SH DEFINED 137500 CAMBREX CORPORATION COM 132011107 3002 125000 SH DEFINED 125000 CARLISLE COMPANIES INCORPORATE COM 142339100 28594 706200 SH DEFINED 706200 CERIDIAN CORPORATION COM 156779100 6224 445200 SH DEFINED 445200 CLARCOR INC. COM 179895107 8112 224100 SH DEFINED 224100 CLAYTON HOMES, INC. COM 184190106 17533 1588100 SH DEFINED 1588100 COMCAST CORP CL A COM 20030N101 363 12682 SH DEFINED 12682 COMMSCOPE INC. COM 203372107 8433 1124400 SH DEFINED 1124400 CONCORD EFS INC COM COM 206197105 2317 246500 SH DEFINED 246500 DANIELSON HOLDING COM 236274106 103 139000 SH DEFINED 139000 DECKERS OUTDOOR CORP. COM 243537107 42 10000 SH DEFINED 10000 DELTA APPAREL, INC. COM 247368103 2059 130720 SH DEFINED 130720 DELTAGEN INC COM COM 24783R103 5 17000 SH DEFINED 17000 DEVON ENERGY CORPORATION COM 25179m103 3134 65000 SH DEFINED 65000 DEVRY INC. COM 251893103 33404 1789200 SH DEFINED 1789200 DIEBOLD, INCORPORATED COM 253651103 679 20000 SH DEFINED 20000 DILLARD'S, INC. CL A COM 254067101 6845 529800 SH DEFINED 529800 DIONEX CORPORATION COM 254546104 370 11200 SH DEFINED 11200 DOLLAR TREE STORES COM COM 256747106 4905 246500 SH DEFINED 246500 DONNELLEY R R & SONS COM COM 257867101 183 10000 SH DEFINED 10000 DT INDUSTRIES INC COM COM 23333j108 15 12000 SH DEFINED 12000 ELECTRO SCIENTIFIC INDUSTRIES, COM 285229100 16834 1340300 SH DEFINED 1340300 ELKCORP COM 287456107 21483 1130700 SH DEFINED 1130700 ENCANA CORP COM 292505104 3560 110000 SH DEFINED 110000 ENGELHARD CORPORATION COM 292845104 14336 669300 SH DEFINED 669300 EXTENDED STAY AMERICA, INC. COM 30224p101 13043 1291400 SH DEFINED 1291400 EXXON MOBIL CORPORATION COM 30231G102 596 17048 SH DEFINED 17048 FEDERAL SIGNAL CORPORATION COM 313855108 20650 1454200 SH DEFINED 1454200 FERRO CORPORATION COM 315405100 4242 198500 SH DEFINED 198500 FILENET CORPORATION USA COM 316869106 4729 450800 SH DEFINED 450800 FLEXTRONICS CORPORATION COM Y2573f102 741 85000 SH DEFINED 85000 FLORIDA EAST COAST INDUSTRIES, COM 340632108 3685 150700 SH DEFINED 150700 FLOWSERVE CORPORATION COM 34354P105 29395 2523200 SH DEFINED 2523200 FMC CORPORATION COM 302491303 17333 1105400 SH DEFINED 1105400 FOOT LOCKER, INC. COM 344849104 28578 2670800 SH DEFINED 2670800 FOREST OIL CORPORATION COM 346091705 2453 110000 SH DEFINED 110000 FRANKLIN ELEC INC COM COM 353514102 352 7500 SH DEFINED 7500 FURNITURE BRANDS INTERNATIONAL COM 360921100 37041 1893700 SH DEFINED 1893700 GARTNER, INC. COM 366651107 16625 2392100 SH DEFINED 2392100 GARTNER, INC. CL B COM 366651206 1273 169000 SH DEFINED 169000 GENCORP INC. COM 368682100 4287 686000 SH DEFINED 686000 GENERAL ELECTRIC COMPANY COM 369604103 887 34800 SH DEFINED 34800 GENUINE PARTS COM 372460105 458 15000 SH DEFINED 15000 GRACO INC. COM 384109104 281 10000 SH DEFINED 10000 GUIDANT CORP COM 401698105 543 15000 SH DEFINED 15000 HARMAN INTERNATIONAL INDUSTRIE COM 413086109 58084 991700 SH DEFINED 991700 HARVARD BIOSCIENCE INC COM COM 416906105 880 234800 SH DEFINED 234800 HEALTH MANAGEMENT ASSOCIATES, COM 421933102 2706 142400 SH DEFINED 142400 HERCULES INCORPORATED COM 427056106 11692 1343900 SH DEFINED 1343900 HONEYWELL INTERNATIONAL INC. COM 438516106 5381 251900 SH DEFINED 251900 HORMEL FOODS CORPORATION COM 440452100 3161 149300 SH DEFINED 149300 IMS HEALTH INCORPORATED COM 449934108 2769 177400 SH DEFINED 177400 INFOUSA INC. COM 456818301 840 175000 SH DEFINED 175000 INTEGRATED CIRCUIT SYSTEM COM 45811k208 47052 2168300 SH DEFINED 2168300 INTERMAGNETICS GENERAL CORPORA COM 458771102 830 46500 SH DEFINED 46500 INTERNATIONAL MULTIFOODS CORPO COM 460043102 5978 309400 SH DEFINED 309400 INTERNATIONAL RECTIFIER CORPOR COM 460254105 4227 214900 SH DEFINED 214900 INTRABIOTICS PHARMACEUTICALS, COM 46116t100 18 85000 SH DEFINED 85000 INVITROGEN CORPORATION COM 46185r100 18237 595400 SH DEFINED 595400 JACADA LTD COM M6184R101 24 15000 SH DEFINED 15000 JARDEN CORPORATION COM 471109108 1443 55500 SH DEFINED 55500 JOHN H. HARLAND COMPANY COM 412693103 8241 339000 SH DEFINED 339000 JONES APPAREL GROUP, INC. COM 480074103 8034 292900 SH DEFINED 292900 KEANE, INC. COM 486665102 8466 1035000 SH DEFINED 1035000 KELLOGG COMPANY COM 487836108 313 10200 SH DEFINED 10200 KENNAMETAL INC. COM 489170100 48735 1732500 SH DEFINED 1732500 KIMCO REALTY CORPORATION COM 49446R109 7055 200877 SH DEFINED 200877 LABORATORY CORPORATION OF AMER COM 50540R409 4261 143700 SH DEFINED 143700 LAMSON & SESSIONS CO COM COM 513696104 59 11500 SH DEFINED 11500 LANDSTAR SYSTEMS, INC. COM 515098101 345 6000 SH DEFINED 6000 LEARNING TREE INTERNATIONAL, I COM 522015106 8142 602200 SH DEFINED 602200 LESCO, INC. COM 526872106 428 41000 SH DEFINED 41000 M & T BK CORP COM 55261F104 279 3548 SH DEFINED 3548 MACDERMID INC COM 554273102 204 10000 SH DEFINED 10000 MANITOWOC COMPANY, INC. COM 563571108 3836 228200 SH DEFINED 228200 MARTIN MARIETTA MATERIALS, INC COM 573284106 27400 992400 SH DEFINED 992400 MEDTRONIC, INC. COM 585055106 1579 35000 SH DEFINED 35000 METTLER-TOLEDO INTERNATIONAL I COM 592688105 19733 662400 SH DEFINED 662400 MINERALS TECHNOLOGIES INC. COM 603158106 44196 1159700 SH DEFINED 1159700 MONSANTO CO NEW COM COM 61166W101 205 12500 SH DEFINED 12500 MPS GROUP, INC. COM 553409103 14079 2697100 SH DEFINED 2697100 MSC INDUSTRIAL DIRECT CO., INC COM 553530106 44834 2803900 SH DEFINED 2803900 MUELLER INDUSTRIES, INC. COM 624756102 34164 1368200 SH DEFINED 1368200 NATIONAL SERVICE INDUSTRIES, I COM 637657206 547 106000 SH DEFINED 106000 NAVISTAR INTERNATIONAL COM 63934E108 6475 263100 SH DEFINED 263100 NCR CORPORATION COM 62886E108 6509 354900 SH DEFINED 354900 NEW HORIZONS WORLDWIDE COM 645526104 1551 535000 SH DEFINED 535000 OFFSHORE LOGISTICS, INC. COM 676255102 7438 412100 SH DEFINED 412100 OMNOVA SOLUTIONS INC. COM 682129101 6203 2102600 SH DEFINED 2102600 OPTIMAL ROBOTICS CORP. COM 68388R208 14306 2483600 SH DEFINED 2483600 ORTHODONTIC CENTERS OF AMERICA COM 68750p103 9876 1895600 SH DEFINED 1895600 PATHMARK STORES COM 70322A101 8423 1261000 SH DEFINED 1261000 PAXAR CORPORATION COM 704227107 6570 573800 SH DEFINED 573800 PFIZER INC COM 717081103 1636 52500 SH DEFINED 52500 PITNEY BOWES INC. COM 724479100 638 20000 SH DEFINED 20000 PRAECIS PHARMACEUTICALS INCORP COM 739421105 72 18000 SH DEFINED 18000 PRECISION CASTPARTS CORP. COM 740189105 1835 77000 SH DEFINED 77000 PROQUEST COMPANY COM 74346p102 45550 2203700 SH DEFINED 2203700 QUIXOTE CORPORATION COM 749056107 502 31800 SH DEFINED 31800 RADIOSHACK CORPORATION COM 750438103 14350 643800 SH DEFINED 643800 RAYOVAC CORPORATION COM 755081106 7680 707800 SH DEFINED 707800 READER'S DIGEST ASSOCIATION, I COM 755267101 1583 155000 SH DEFINED 155000 REDWOOD TRUST INC COM 758075402 273 8400 SH DEFINED 8400 REGIS CORP COM 758932107 3983 159900 SH DEFINED 159900 REYNOLDS & REYNOLDS COMPANY CL COM 761695105 53090 2098400 SH DEFINED 2098400 ROBERT HALF INTERNATIONAL IN COM 770323103 266 20000 SH DEFINED 20000 RUSSELL CORPORATION COM 782352108 21360 1220600 SH DEFINED 1220600 SAM ASH MUSIC CORPORATION COM 100557107 126 10000 SH DEFINED 10000 SCHOLASTIC CORPORATION COM 807066105 7946 295500 SH DEFINED 295500 SCHOOL SPECIALTY, INC. COM 807863105 16265 915300 SH DEFINED 915300 SCIENTIFIC-ATLANTA, INC. COM 808655104 6924 503900 SH DEFINED 503900 SIGMA-ALDRICH CORPORATION COM 826552101 667 15000 SH DEFINED 15000 ST. JUDE MEDICAL, INC. COM 790849103 390 8000 SH DEFINED 8000 TEAM, INC. COM 878155100 395 64800 SH DEFINED 64800 TECHNE CORPORATION COM 878377100 934 45000 SH DEFINED 45000 TELEFLEX INCORPORATED COM 879369106 26286 736300 SH DEFINED 736300 TELETECH HOLDINGS, INC. COM 879939106 6745 1242200 SH DEFINED 1242200 TETRA TECH, INC. COM 88162g103 11255 796000 SH DEFINED 796000 THE BOMBAY COMPANY, INC. COM 097924104 337 61800 SH DEFINED 61800 THE EMERSON ELECTRIC CO. COM 291011104 1247 27500 SH DEFINED 27500 THERMO ELECTRON CORP. COM 883556102 28480 1573500 SH DEFINED 1573500 THOMAS INDUSTRIES INC COM 884425109 5233 211000 SH DEFINED 211000 TOYS 'R' US, INC. COM 892335100 4055 484500 SH DEFINED 484500 TUMBLEWEED COMMUNICATIONS COM COM 899690101 13 10000 SH DEFINED 10000 TYCO INTERNATIONAL LTD. COM 902124106 283 22000 SH DEFINED 22000 UNISYS CORP. COM 909214108 5970 644700 SH DEFINED 644700 UNITED STATIONERS INC. COM 913004107 17902 838500 SH DEFINED 838500 UNOVA INC. COM 91529B106 2064 384300 SH DEFINED 384300 VALASSIS COMMUNICATIONS COM 918866104 8004 303200 SH DEFINED 303200 VALUECLICK INC COM COM 92046n102 30 10000 SH DEFINED 10000 VARIAN SEMICONDUCTOR COM 922207105 407 20000 SH DEFINED 20000 VIAD CORPORATION COM 92552r109 35925 1675600 SH DEFINED 1675600 WABTEC CORPORATION COM 929740108 618 53200 SH DEFINED 53200 WALTER INDUSTRIES, INC. COM 93317Q105 1566 179600 SH DEFINED 179600 WATERS CORPORATION COM 941848103 4403 208100 SH DEFINED 208100 WILSONS THE LEATHER EXPERTS IN COM 972463103 125 31500 SH DEFINED 31500 YELLOW CORPORATION COM 985509108 18070 749800 SH DEFINED 749800