13F-HR 1 form13f9-02.txt PERIOD ENDED SEPTEMBER 30, 2002 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 13F COVER PAGE Report for the Quarter Ended: September 30, 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: U.S. Global Investors, Inc. Address: 7900 Callaghan Road San Antonio, TX 78229 13F File Number: 028-02220 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: Susan B. McGee Title: President, General Counsel Phone: 210-308-1234 /S/ Susan B. McGee ------------------ San Antonio, TX November 13, 2002 Report Type (Check only one.): [X] 13F HOLDINGS REPORT. [ ] 13F NOTICE. [ ] 13F COMBINATION REPORT. List of Other Managers Reporting for this Manager: None FORM 13F SUMMARY PAGE REPORT SUMMARY: Number of Other Included Managers: 3 Form 13F Information Table Entry Total: 197 Form 13F Information Table Value Total: $57,081 (thousands) List of Other Included Managers: NO. 13F FILE NUMBER: NAME: --- --------------- --------------------------- 1 Unknown Bonnel, Inc. 2 Unknown Leeb Capital Management, Inc. 3 Unknown Charlemagne Capital Ltd.
FORM 13F INFORMATION TABLE COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 ------------------------ ---------- --------- -------- ------------------------ -------- -------- ------------------------ SHARES VOTING AUTHORITY TITLE OF VALUE OR PUT/ INVESTMT OTHER ------------------------ NAME OF ISSUER CLASS CUSIP (x$1000) PRN AMT SH/PRN CALL DISCRETN MANAGERS SOLE SHARED NONE ------------------------ ---------- --------- -------- ---------- ------ ---- -------- -------- ---------- ------ ---- AES CORP CMN STK 00130H105 7 2,600 SH Sole 2,600 AFFILIATED COMPUTER SVCS A CMN STK 008190100 132 3,100 SH Sole 3,100 AFLAC INC CMN STK 001055102 368 12,000 SH Defined 2 12,000 AGCO CORP CMN STK 001084102 162 7,000 SH Sole 7,000 AGNICO EAGLE MINES LTD CMN STK 008474108 160 10,000 SH Sole 10,000 AGNICO EAGLE MINES LTD CMN STK 008474108 240 15,000 SH Sole 15,000 AGNICO EAGLE MINES LTD CMN STK 008474108 560 35,000 SH Sole 35,000 ALCAN INC CMN STK 013716105 86 3,500 SH Sole 3,500 ALLIANT TECHSYSTEMS INC CMN STK 018804104 166 2,400 SH Sole 2,400 AMERICAN AXLE & MFG HOLDINGS CMN STK 024061103 65 2,600 SH Sole 2,600 AMERISOURCEBERGEN CORP CLASS A CMN STK 03073E105 93 1,300 SH Sole 1,300 AMGEN INC CMN STK 031162100 179 4,300 SH Sole 4,300 AMT INTERNATIONAL MINING CMN STK 001983105 11 1,000,000 SH Sole 1,000,000 ANADARKO PETE CORP CMN STK 032511107 89 2,000 SH Sole 2,000 ANADARKO PETE CORP CMN STK 032511107 89 2,000 SH Sole 2,000 ANGLO AMERICAN PLC ADR ADR 03485P102 34 2,676 SH Sole 2,676 ANHEUSER BUSCH INC CMN STK 035229103 233 4,600 SH Sole 4,600 AOL TIME WARNER CMN STK 00184A105 351 30,000 SH Defined 2 30,000 APACHE CORP CMN STK 037411105 65 1,100 SH Sole 1,100 APACHE CORP CMN STK 037411105 785 13,200 SH Defined 2 13,200 APEX SILVER MINES LTD CMN STK G04074103 900 65,000 SH Defined 2 65,000 APOLLO GROUP INC CL A CMN STK 037604105 161 3,700 SH Sole 3,700 APPLIED MATERIALS INC CMN STK 038222105 81 7,000 SH Sole 7,000 ARC ENERGY TRUST UTS /CAD/ CMN STK 001986108 444 55,000 SH Sole 55,000 ARC ENERGY TRUST UTS /CAD/ CMN STK 001986108 202 25,000 SH Sole 25,000 ASHANTI GOLDFIELDS GDR GDR 043743202 795 140,000 SH Sole 140,000 ASHANTI GOLDFIELDS GDR GDR 043743202 966 170,000 SH Sole 170,000 ASTROPOWER INC CMN STK 04644A101 107 15,000 SH Defined 2 15,000 AUTOZONE INC CMN STK 053332102 118 1,500 SH Sole 1,500 AVON PRODS INC CMN STK 054303102 55 1,200 SH Sole 1,200 BANK OF AMERICA CORP CMN STK 060505104 332 5,200 SH Sole 5,200 BANK OF NEW YORK CO INC CMN STK 064057102 158 5,500 SH Sole 5,500 BARNES & NOBLE CMN STK 067774109 233 11,000 SH Defined 2 11,000 C/O BARRICK GOLD JAN 20 CALL OPTN 0679014AD 170 1,000 SH Sole 1,000 C/O BARRICK GOLD JAN 20 CALL OPTN 0679014AD 340 2,000 SH Sole 2,000 BED BATH & BEYOND INC CMN STK 075896100 163 5,000 SH Sole 5,000 BELLSOUTH CORP CMN STK 079860102 106 5,800 SH Sole 5,800 BIG LOTS INC CMN STK 089302103 78 4,900 SH Sole 4,900 BLACKROCK VENTURES INC CMN STK 091917104 119 70,000 SH Sole 70,000 BLACKROCK VENTURES INC CMN STK 091917104 511 300,000 SH Sole 300,000 BLOCK /H & R/ INC CMN STK 093671105 118 2,800 SH Sole 2,800 BLOCK /H & R/ INC CMN STK 093671105 336 8,000 SH Defined 2 8,000 BONAVISTA PETROLEUM LTD /CAD/ CMN STK 097933105 214 10,000 SH Sole 10,000 BOWATER INC CMN STK 102183100 35 1,000 SH Sole 1,000 CAPITAL ONE FINANCIAL CORP CMN STK 14040H105 101 2,900 SH Sole 2,900 CARDINAL HEALTH CMN STK 14149Y108 44 700 SH Sole 700 CARDINAL HEALTH CMN STK 14149Y108 622 10,000 SH Defined 2 10,000 CHINA MOBILE HONG KONG ADR ADR 16941M109 68 6,000 SH Sole 6,000 CISCO SYSTEMS INC CMN STK 17275R102 327 31,200 SH Sole 31,200 CITIGROUP INC CMN STK 172967101 380 12,800 SH Defined 2 12,800 CNOOC LTD ADR ADR 126132109 113 4,000 SH Sole 4,000 CNOOC LTD ADR ADR 126132109 113 4,000 SH Sole 4,000 COCA COLA CO COM CMN STK 191216100 43 900 SH Sole 900 DELL COMPUTER CORP CMN STK 247025109 191 8,140 SH Sole 8,140 DOW CHEMICAL CO CMN STK 260543103 82 3,000 SH Sole 3,000 DU PONT (EI) DE NEMOURS CMN STK 263534109 162 4,500 SH Sole 4,500 DUKE ENERGY CO CMN STK 264399106 201 10,300 SH Defined 2 10,300 DURBAN ROODEPOORT DEP SPON ADR ADR 266597301 666 160,000 SH Sole 160,000 EAST WEST BANCORP CMN STK 27579R104 118 3,500 SH Sole 3,500 ELAN CORP ADR ADR 284131208 251 130,000 SH Defined 2 130,000 ENERPLUS RESOURCES FUND CMN STK 29274D604 481 26,900 SH Sole 26,900 ENERPLUS RESOURCES FUND CMN STK 29274D604 232 13,000 SH Sole 13,000 ENSCO INTERNATIONAL INC CMN STK 26874Q100 75 3,000 SH Sole 3,000 FANNIE MAE CMN STK 313586109 494 8,300 SH Sole 8,300 FEDERATED INVESTORS INC CL B CMN STK 314211103 377 13,950 SH Sole 13,950 FIFTH THIRD BANCORP CMN STK 316773100 220 3,600 SH Sole 3,600 FIRST DATA CORP CMN STK 319963104 184 6,600 SH Sole 6,600 FLEXTRONICS INTERNATIONAL LTD CMN STK Y2573F102 174 25,000 SH Defined 2 25,000 FREEPORT MCMORAN COPPER & GOLD B CMN STK 35671D857 87 6,500 SH Sole 6,500 FREEPORT MCMORAN COPPER & GOLD B CMN STK 35671D857 310 23,000 SH Sole 23,000 FREEPORT-MC COP CONV PFD 7% PFD STK 35671D501 332 20,000 SH Sole 20,000 FREEPORT-MC COP CONV PFD 7% PFD STK 35671D501 581 35,000 SH Sole 35,000 FREEPRT-MCMOR C&G DEP SH REP G PFD STK 35671D600 142 5,000 SH Sole 5,000 GENERAL ELECTRIC CO CMN STK 369604103 360 14,600 SH Sole 14,600 GILLETTE CO CMN STK 375766102 83 2,800 SH Sole 2,800 GOLD FIELDS LTD SPON ADR ADR 38059T106 1,280 100,000 SH Sole 100,000 GOLDCORP INC WR 5/13/09 WTS 380956136 1,105 80,000 SH Sole 80,000 GOLDCORP INC WR 5/13/09 WTS 380956136 1,657 120,000 SH Sole 120,000 GOLDCORP INC WT 4/30/07 WTS 380956508 41 5,000 SH Sole 5,000 GOLDCORP INC WT 4/30/07 WTS 380956508 165 20,000 SH Sole 20,000 GOLDCORP INC WT 4/30/07 WTS 380956508 289 35,000 SH Sole 35,000 GOLDEN STAR RES LTD CMN STK 38119T104 747 431,800 SH Sole 431,800 HARLEY-DAVIDSON CMN STK 412822108 93 2,000 SH Sole 2,000 HARMAN INTL INDUSTRIES INC CMN STK 413086109 518 10,000 SH Defined 2 10,000 HARMONY GOLD MINING SPON ADR ADR 413216300 2,348 150,000 SH Sole 150,000 HARRAHS ENTERTAINMENT INC CMN STK 413619107 92 1,900 SH Sole 1,900 HCA INC CMN STK 404119109 248 5,200 SH Sole 5,200 HCC INS HLDGS INC CMN STK 404132102 480 20,000 SH Defined 2 20,000 HOME DEPOT INC CMN STK 437076102 183 7,000 SH Sole 7,000 HUANENG POWER INTL ADR ADR 443304100 330 10,500 SH Sole 10,500 IMS HEALTH INC CMN STK 449934108 240 16,000 SH Defined 2 16,000 INCO LTD CMN STK 453258402 297 18,500 SH Sole 18,500 INCO LTD CMN STK 453258402 329 20,500 SH Sole 20,500 INCO LTD CMN STK 453258402 257 16,000 SH Sole 16,000 INCO LTD CMN STK 453258402 128 8,000 SH Sole 8,000 INDEPENDENCE CMNTY BK CORP CMN STK 453414104 151 6,000 SH Sole 6,000 INTEL CORP CMN STK 458140100 206 14,860 SH Sole 14,860 INTEL CORP CMN STK 458140100 278 20,000 SH Defined 2 20,000 INTERNATIONAL BUSINESS MACHINES CMN STK 459200101 223 3,820 SH Sole 3,820 INTERNATIONAL PAPER CO CMN STK 460146103 17 500 SH Sole 500 ISHARES MSCI MALAYSIA/ FREE MTL FND 464286830 212 42,000 SH Sole 42,000 ISHARES MSCI SINGAPORE FREE MTL FND 464286673 169 38,000 SH Sole 38,000 ISHARES MSCI SOUTH KOREA INDEX MTL FND 464286772 158 9,000 SH Sole 9,000 JOHNSON & JOHNSON CMN STK 478160104 784 14,500 SH Sole 14,500 KEY ENERGY SVCS INC CMN STK 492914106 32 4,000 SH Sole 4,000 KINDER MORGAN ENERGY PARTN LP CMN STK 494550106 32 1,000 SH Sole 1,000 KINDER MORGAN ENERGY PARTN LP CMN STK 494550106 32 1,000 SH Sole 1,000 KOOKMIN BANK SP ADR 1 ADR RP 1SH ADR 50049M109 234 6,600 SH Sole 6,600 LAUDER ESTEE COS INC CL A CMN STK 518439104 52 1,800 SH Sole 1,800 LEHMAN BROTHERS HLDGS INC CMN STK 524908100 98 2,000 SH Sole 2,000 LENNAR CORP CMN STK 526057104 45 800 SH Sole 800 LIHIR GOLD LTD SPON ADR ADR 532349107 508 35,000 SH Sole 35,000 LOCKHEED MARTIN CORP CMN STK 539830109 310 4,800 SH Sole 4,800 LONE STAR TECHNOLOGIES INC CMN STK 542312103 76 6,400 SH Sole 6,400 LONE STAR TECHNOLOGIES INC CMN STK 542312103 20 1,700 SH Sole 1,700 MAGYAR TAVKOZLESI RT (MATAV) ADR ADR 559776109 292 18,853 SH Defined 3 18,853 MARSH & MCLENNAN COS INC CMN STK 571748102 133 3,200 SH Sole 3,200 MEDTRONIC INC CMN STK 585055106 118 2,800 SH Sole 2,800 MICHAELS STORES INC CMN STK 594087108 59 1,300 SH Sole 1,300 MICROSOFT CORP CMN STK 594918104 537 12,300 SH Sole 12,300 MICROSTRATEGY INC CMN STK 594972408 0 6 SH Defined 1 6 MICROSTRATEGY WTS 6/24/07 WTS 594972119 0 19 SH Defined 1 19 MIRANT CORP CMN STK 604675108 111 50,000 SH Defined 2 50,000 MOBILE TELESYSTEMS SPON ADR ADR 607409109 357 11,812 SH Defined 3 11,812 MOODYS CORPORATION CMN STK 615369105 136 2,800 SH Sole 2,800 NABORS INDUSTRIES INC CMN STK G6359F103 491 15,000 SH Defined 2 15,000 NEW YORK COMMUNITY BANCORP CMN STK 649445103 163 5,800 SH Sole 5,800 NEWMONT MINING CORP CMN STK 651639106 2,256 82,000 SH Sole 82,000 NEWMONT MINING CORP CMN STK 651639106 1,376 50,000 SH Sole 50,000 NEWMONT MINING CORP CMN STK 651639106 124 4,500 SH Sole 4,500 NOBLE DRILLING CORP CMN STK G65422100 465 15,000 SH Defined 2 15,000 NORFOLK SOUTHERN CORP CMN STK 655844108 87 4,300 SH Sole 4,300 NORTH AMERICAN PALLADIUM LTD CMN STK 656912102 250 58,500 SH Defined 2 58,500 NORTHGATE EXPL LTD/CAD/ WTS WTS 666416169 197 745,000 SH Sole 745,000 NORTHGATE EXPL LTD/CAD/ WTS WTS 666416169 53 200,000 SH Sole 200,000 NORTHGATE EXPL LTD/CAD/ WTS WTS 666416169 166 625,000 SH Sole 625,000 NORTHROP GRUNMAN CORP CMN STK 666807102 248 2,000 SH Sole 2,000 OCCIDENTAL PETROLEUM CORP CMN STK 674599105 28 1,000 SH Sole 1,000 OIL SERVICE HOLDERS TR CMN STK 678002106 185 3,700 SH Sole 3,700 OMNICOM GROUP INC CMN STK 681919106 89 1,600 SH Sole 1,600 PACIFIC RIM MNG CORP/ CANADIAN CMN STK 694915208 251 498,187 SH Sole 498,187 PACIFIC RIM MNG CORP/ CANADIAN/ CMN STK 694915208 887 1,760,000 SH Sole 1,760,000 PEOPLESOFT INC CMN STK 712713106 15 1,230 SH Sole 1,230 PEPSI BOTTLING GROUP INC CMN STK 713409100 47 2,000 SH Sole 2,000 PEPSICO INC CMN STK 713448108 362 9,800 SH Sole 9,800 PFIZER INC CMN STK 717081103 525 18,075 SH Sole 18,075 PHARMACIA CORPORATION CMN STK 71713U102 505 13,000 SH Defined 2 13,000 PHILIP MORRIS COS INC CMN STK 718154107 372 9,600 SH Sole 9,600 PLACER DOME INC CMN STK 725906101 46 5,000 SH Sole 5,000 PLACER DOME INC CMN STK 725906101 1,316 144,100 SH Sole 144,100 PLACER DOME INC CMN STK 725906101 3,013 330,000 SH Sole 330,000 C/O PLACER DOME JAN 0015.00 CALL OPTN 7259065AC 20 200 SH Sole 200 C/O PLACER DOME JAN 0015.00 CALL OPTN 7259065AC 200 2,000 SH Sole 2,000 C/O PLACER DOME JAN 0015.00 CALL OPTN 7259065AC 200 2,000 SH Sole 2,000 C/O PLACER DOME IN DEC 0017.50 CALL OPTN 7259069LW 38 2,500 SH Sole 2,500 C/O PLACER DOME IN DEC 0017.50 CALL OPTN 7259069LW 38 2,500 SH Sole 2,500 PMI GROUP INC CMN STK 69344M101 68 2,500 SH Sole 2,500 PRECISION DRILLING CORP CMN STK 74022D100 226 7,500 SH Defined 2 7,500 PROGRESSIVE CORP CMN STK 743315103 122 2,400 SH Sole 2,400 QLOGIC CORP CMN STK 747277101 94 3,600 SH Sole 3,600 QUEST DIAGNOTICS INC CMN STK 74834L100 369 6,000 SH Defined 2 6,000 RANGOLD RESOURCES LTD ADR ADR 752344309 145 8,000 SH Sole 8,000 RANGOLD RESOURCES LTD ADR ADR 752344309 633 35,000 SH Sole 35,000 RANGOLD RESOURCES LTD ADR ADR 752344309 1,085 60,000 SH Sole 60,000 SBC COMMUNICATIONS INC CMN STK 78387G103 96 4,800 SH Sole 4,800 SIGMA ALDRICH CORP CMN STK 826552101 222 4,500 SH Sole 4,500 SIGMA ALDRICH CORP CMN STK 826552101 49 1,000 SH Sole 1,000 SK TELECOM LTD SPONSORED ADR ADR 78440P108 51 2,400 SH Sole 2,400 SOUTHERN CO CMN STK 842587107 144 5,000 SH Sole 5,000 STARBUCKS CORP CMN STK 855244109 89 4,300 SH Sole 4,300 TAIWAN SEMICONDUCTOR SPON ADR ADR 874039100 64 10,000 SH Sole 10,000 TENET HEALTHCARE CORP CMN STK 88033G100 163 3,300 SH Sole 3,300 TEXAS INSTUMENTS INC CMN STK 882508104 87 5,900 SH Sole 5,900 T-HQ INC CMN STK 872443403 131 6,300 SH Sole 6,300 TIFFANY & CO CMN STK 886547108 236 11,000 SH Sole 11,000 TIFFANY & CO CMN STK 886547108 429 20,000 SH Sole 20,000 TIFFANY & CO CMN STK 886547108 321 15,000 SH Defined 2 15,000 TJX COMPANIES INC CMN STK 872540109 155 9,100 SH Sole 9,100 TRAVELERS PROP CASUALT B CMN STK 89420G406 15 1,136 SH Defined 2 1,136 TRAVELERS PROPERTY CASUALTY CMN STK 89420G109 7 553 SH Defined 2 553 TYCO INTL LTD CMN STK 902124106 86 6,100 SH Defined 2 6,100 UNION PACIFIC CORP CMN STK 907818108 116 2,000 SH Sole 2,000 UNITEDHEALTH GROUP INC CMN STK 91324P102 113 1,300 SH Sole 1,300 US BANCORP CMN STK 902973304 117 6,300 SH Sole 6,300 VERIZON COMMUNICATIONS CMN STK 92343V104 121 4,400 SH Sole 4,400 VIACOM INC CL B CMN STK 925524308 446 11,000 SH Sole 11,000 VIMPEL COMMUNICATIONS SPON ADR ADR 68370R109 364 15,382 SH Defined 3 15,382 WAL MART STORES INC CMN STK 931142103 728 14,780 SH Sole 14,780 WEATHERFORD INTL LTD CMN STK G95089101 19 500 SH Sole 500 WELLPOINT HEALTH NETWORKS INC CMN STK 94973H108 121 1,650 SH Sole 1,650 WELLS FARGO & COMPANY CMN STK 949746101 226 4,700 SH Sole 4,700 WELLS FARGO & COMPANY CMN STK 949746101 433 9,000 SH Defined 2 9,000 WENDYS INTL INC CMN STK 950590109 83 2,500 SH Sole 2,500 WEYERHAEUSER CO CMN STK 962166104 79 1,800 SH Sole 1,800 WHOLE FOODS MARKET INC CMN STK 966837106 99 2,300 SH Sole 2,300 WYETH CMN STK 983024100 108 3,400 SH Sole 3,400 YUKOS CORP SPONSORED ADR ADR 98849W108 370 2,767 SH Defined 3 2,767