13F-HR 1 grco1q08.txt GRUSS & COMPANY UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F Form 13F COVER PAGE Report for the Calendar Year or Quarter Ended: March 31, 2008 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: Gruss & Co. Inc. Address: 667 Madison Avenue New York, NY 10065 13F File Number: 28-05569 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: Howard Guberman Title: Vice President Phone: 212-688-1500 Signature, Place, and Date of Signing: /s/ Howard Guberman New York, NY May 06, 2008 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: 0 Form13F Information Table Entry Total: 51 Form13F Information Table Value Total: $163,664 (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. NONE 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 ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- APACHE CORP COM 037411105 3987 33000 SH SOLE 33000 0 0 ARCHER DANIELS MIDLAND CO COM 039483102 1029 25000 SH SOLE 25000 0 0 AUTOLIV INC COM 052800109 2020 40234 SH SOLE 40234 0 0 BAKER HUGHES INC COM 057224107 1199 17500 SH SOLE 17500 0 0 BARRICK GOLD CORP COM 067901108 1868 43002 SH SOLE 43002 0 0 BURLINGTON NORTHN SANTA FE C COM 12189T104 1844 20000 SH SOLE 20000 0 0 CAMECO CORP COM 13321L108 823 25000 SH SOLE 25000 0 0 CANADIAN NAT RES LTD COM 136385101 1365 20000 SH SOLE 20000 0 0 CHESAPEAKE ENERGY CORP COM 165167107 231 5000 SH SOLE 5000 0 0 COMPTON PETE CORP COM 204940100 2316 208800 SH SOLE 208800 0 0 CONSTELLATION BRANDS INC CL A 21036P108 177 10000 SH SOLE 10000 0 0 COVANCE INC COM 222816100 415 5001 SH SOLE 5001 0 0 DEAN FOODS CO NEW COM 242370104 2305 114750 SH SOLE 114750 0 0 DEVON ENERGY CORP NEW COM 25179M103 1304 12500 SH SOLE 12500 0 0 DU PONT E I DE NEMOURS & CO COM 263534109 1824 39000 SH SOLE 39000 0 0 ENERGY PARTNERS LTD COM 29270U105 1705 180000 SH SOLE 180000 0 0 FURMANITE CORPORATION COM 361086101 969 114000 SH SOLE 114000 0 0 GENESEE & WYO INC CL A 371559105 344 10000 SH SOLE 10000 0 0 GLAXOSMITHKLINE PLC SPONSORED ADR 37733W105 23246 547860 SH SOLE 547860 0 0 GOOGLE INC CL A 38259P508 661 1500 SH SOLE 1500 0 0 HALLIBURTON CO COM 406216101 9916 252112 SH SOLE 252112 0 0 HONEYWELL INTL INC COM 438516106 26584 471176 SH SOLE 471176 0 0 INTERNATIONAL COAL GRP INC N COM 45928H106 556 87500 SH SOLE 87500 0 0 ISHARES INC MSCI SINGAPORE 464286673 2806 219800 SH SOLE 219800 0 0 ISHARES INC MSCI HONG KONG 464286871 2174 121100 SH SOLE 121100 0 0 ISHARES INC MSCI MALAYSIA 464286830 1446 122000 SH SOLE 122000 0 0 ISHARES SILVER TRUST ISHARES 46428Q109 427 2500 SH SOLE 2500 0 0 JP MORGAN CHASE & CO COM 46625H100 5137 119600 SH SOLE 119600 0 0 MARKET VECTORS ETF TR RUSSIA ETF 57060U506 236 5000 SH SOLE 5000 0 0 MASSEY ENERGY CORP COM 576206106 730 20000 SH SOLE 20000 0 0 MOTOROLA INC COM 620076109 9118 980400 SH SOLE 980400 0 0 MUELLER INDS INC COM 624756102 1154 40000 SH SOLE 40000 0 0 OWENS CORNING NEW COM 690742101 108 80188 SH SOLE 80188 0 0 PEABODY ENERGY CORP COM 704549104 510 10000 SH SOLE 10000 0 0 POWERSHARES DB CMDTY IDX TRA UNIT BEN INT 73935S105 360 10000 SH SOLE 10000 0 0 POWERSHARES ETF TRUST WNDRHLL CLN EN 73935X500 197 10000 SH SOLE 10000 0 0 POWERSHARES ETF TRUST WATER RESOURCE 73935X575 713 37000 SH SOLE 37000 0 0 POWERSHS DB MULTI SECT COMM DB AGRICULT FD 73936B408 1543 42500 SH SOLE 42500 0 0 PRIDE INTL INC DEL COM 74153Q102 350 10000 SH SOLE 10000 0 0 SEARS HLDGS CORP COM 812350106 5105 50000 SH PUT SOLE 50000 0 0 SILVER WHEATON CORP COM 828336107 2407 155000 SH SOLE 155000 0 0 SMITH INTL INC COM 832110100 963 15000 SH SOLE 15000 0 0 SMITHFIELD FOODS INC COM 832248108 386 15000 SH SOLE 15000 0 0 SPDR INDEX SHS FDS MIDEAST AFRICA 78463X806 316 5000 SH SOLE 5000 0 0 STILLWATER MNG CO COM 86074Q102 155 10000 SH SOLE 10000 0 0 STREETTRACKS GOLD TR GOLD SHS 863307104 28469 315000 SH SOLE 315000 0 0 SUNCOR ENERGY INC COM 867229106 1927 20000 SH SOLE 20000 0 0 TALISMAN ENERGY INC COM 87425E103 2567 145000 SH SOLE 145000 0 0 TREEHOUSE FOODS INC COM 89469A104 700 30600 SH SOLE 30600 0 0 UNIT CORP COM 909218109 1133 20000 SH SOLE 20000 0 0 VODAFONE GROUP PLC NEW SPONS ADR NEW 92857W209 5839 197855 SH SOLE 197855 0 0