UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: 06/30/99
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 Asset Management (USA) Inc.
Address: 135 East 57th Street
25th Floor
New York, NY 10022
13F File Number: 28-7714
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: Joseph J. Allessie
Title: General Counsel
Phone: 212-407-4766
Signature, Place, and Date of Signing:
Joseph J. Allessie New York, New York 08/10/99
Report Type (Check only one.):
[ X] 13F HOLDINGS REPORT.
[ ] 13F NOTICE.
[ ] 13F COMBINATION REPORT.
List of Other Managers Reporting for this Manager:
I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE ACT OF 1934.
<PAGE>
FORM 13F SUMMARY PAGE
Report Summary:
Number of other Included Managers: 4
Form 13F Information Table Entry Total: 382
Form 13F Information Table Value Total: $876,808
List of other Included Managers
No. 13F File Number Name
01 00-00000-000 GAM International Management Ltd
02 00-00000-000 Global Asset Management (H.K.) Limited
03 00-00000-000 Global Asset Management Limited (Bermuda)
04 00-00000-000 Global Asset Management Limited GB
<TABLE>
<CAPTION>
Form 13F Information Table
Global Asset Management (USA) Inc.
Page 1 of 16
1 2 3 4 5 6 7 8
Mkt Value -- Investment Discretion -- --- Voting Authority ---
Name of Issuer Type CUSIP $ x1000 # Shares Sole Shared Other Managers Sole Shared None
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
3COM Corp. Common NPV Com 885535104 11,086 415,881 415,881 0 0 02 04 415,881 0 0
3COM Corp. Common NPV Com 885535104 3,657 137,184 137,184 0 0 01 137,184 0 0
3COM Corp. Common NPV Com 885535104 1,474 55,292 55,292 0 0 02 01 55,292 0 0
3COM Corp. Common NPV Com 885535104 5,523 207,193 207,193 0 0 04 207,193 0 0
Abbott Laboratories Common NPV Com 002824100 11,561 256,736 256,736 0 0 02 04 256,736 0 0
Abbott Laboratories Common NPV Com 002824100 3,400 76,067 76,067 0 0 01 76,067 0 0
Abbott Laboratories Common NPV Com 002824100 1,016 22,556 22,556 0 0 02 01 22,556 0 0
Abbott Laboratories Common NPV Com 002824100 2,981 66,203 66,203 0 0 04 66,203 0 0
Abbott Laboratories Common NPV Com 002824100 1,455 32,305 32,305 0 0 02 04 32,305 0 0
Adv. Semiconductor Eng. Inc. - GDR Com Y00153117 2,643 120,000 120,000 0 0 02 01 120,000 0 0
Alberto-Culver Co. Cls. A Cv. USD0 Com 013068200 227 10,000 10,000 0 0 02 04 10,000 0 0
Alberto-Culver Co. Cls. A Cv. USD0 Com 013068200 2,269 100,000 100,000 0 0 04 100,000 0 0
Albertson's Incorporated Common US Com 013104104 633 12,268 12,268 0 0 02 01 12,268 0 0
Albertson's Incorporated Common US Com 013104104 1,132 21,942 21,942 0 0 04 21,942 0 0
AlliedSignal Incorporated Com. USD Com 019512102 3,322 52,700 52,700 0 0 02 04 52,700 0 0
AlliedSignal Incorporated Com. USD Com 019512102 781 12,000 12,000 0 0 01 12,000 0 0
Amcor Ltd. 7.25% Perp. Red. Inc. P Pref 02341R401 934 19,400 19,400 0 0 04 19,400 0 0
American Express Company Common US Com 025816109 3,252 25,000 25,000 0 0 02 04 25,000 0 0
American Express Company Common US Com 025816109 600 5,000 5,000 0 0 01 5,000 0 0
American Express Company Common US Com 025816109 958 7,365 7,365 0 0 02 04 7,365 0 0
American Freightways Common USD0.0 Com 02629V108 1,953 100,000 100,000 0 0 04 100,000 0 0
American General Corp. Common USD0 Com 026351106 679 9,000 9,000 0 0 02 04 9,000 0 0
American General Corp. Common USD0 Com 026351106 87 1,200 1,200 0 0 01 1,200 0 0
American General Corp. Common USD0 Com 026351106 4,261 56,508 56,508 0 0 04 56,508 0 0
American Home Products Common USD0 Com 026609107 2,852 49,600 49,600 0 0 02 04 49,600 0 0
---------
68,735
<PAGE>
<CAPTION>
Form 13F Information Table
Global Asset Management (USA) Inc.
Page 2 of 16
1 2 3 4 5 6 7 8
Mkt Value -- Investment Discretion -- --- Voting Authority ---
Name of Issuer Type CUSIP $ x1000 # Shares Sole Shared Other Managers Sole Shared None
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
American Home Products Common USD0 Com 026609107 734 14,000 14,000 0 0 01 14,000 0 0
American International Grp. Com. U Com 026874107 13,158 112,398 112,398 0 0 02 04 112,398 0 0
American International Grp. Com. U Com 026874107 3,775 32,251 32,251 0 0 01 32,251 0 0
American International Grp. Com. U Com 026874107 1,590 13,582 13,582 0 0 02 01 13,582 0 0
American International Grp. Com. U Com 026874107 3,984 34,031 34,031 0 0 04 34,031 0 0
American International Grp. Com. U Com 026874107 1,965 16,789 16,789 0 0 02 04 16,789 0 0
AmeriSource Health Corp. Class A C Com 03071P102 6,960 272,591 272,591 0 0 02 04 272,591 0 0
AmeriSource Health Corp. Class A C Com 03071P102 2,018 79,037 79,037 0 0 01 79,037 0 0
AmeriSource Health Corp. Class A C Com 03071P102 958 37,539 37,539 0 0 02 01 37,539 0 0
AmeriSource Health Corp. Class A C Com 03071P102 2,378 93,160 93,160 0 0 04 93,160 0 0
AmeriSource Health Corp. Class A C Com 03071P102 801 31,389 31,389 0 0 02 04 31,389 0 0
Ameritech Corporation Common USD1. Com 030954101 1,838 25,000 25,000 0 0 02 04 25,000 0 0
Anheuser-Busch Corporation Com. US Com 035229103 192 2,700 2,700 0 0 02 04 2,700 0 0
Archer Daniels Midland Common NPV Com 039483102 53 3,472 3,472 0 0 01 3,472 0 0
Archer Daniels Midland Common NPV Com 039483102 1,873 121,550 121,550 0 0 04 121,550 0 0
ASARCO Incorporated Common NPV Com 043413103 1,875 100,000 100,000 0 0 04 100,000 0 0
Associates First Capital Corp. Com Com 046008108 3,332 75,088 75,088 0 0 02 04 75,088 0 0
Associates First Capital Corp. Com Com 046008108 650 16,098 16,098 0 0 01 16,098 0 0
AT&T Corporation Common USD1.00 Com 001957109 1,838 33,750 0 33,750 0 03 33,750 0 0
AVX Corporation Common USD0.01 Com 002444107 61 2,500 2,500 0 0 01 2,500 0 0
BankAmerica Corporation Common USD Com 06605F102 4,033 55,005 55,005 0 0 02 04 55,005 0 0
BankAmerica Corporation Common USD Com 06605F102 690 10,000 10,000 0 0 01 10,000 0 0
BankAmerica Corporation Common USD Com 06605F102 6,378 87,000 87,000 0 0 04 87,000 0 0
Barrett Resources Corp. Common USD Com 068480201 461 12,000 12,000 0 0 02 04 12,000 0 0
Barrett Resources Corp. Common USD Com 068480201 1,153 30,000 30,000 0 0 01 30,000 0 0
---------
62,749
<PAGE>
<CAPTION>
Form 13F Information Table
Global Asset Management (USA) Inc.
Page 3 of 16
1 2 3 4 5 6 7 8
Mkt Value -- Investment Discretion -- --- Voting Authority ---
Name of Issuer Type CUSIP $ x1000 # Shares Sole Shared Other Managers Sole Shared None
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Bell Atlantic Corporation Com. USD Com 077853109 709 10,900 10,900 0 0 02 04 10,900 0 0
Bell Atlantic Corporation Com. USD Com 077853109 271 4,600 4,600 0 0 01 4,600 0 0
BellSouth Corporation Common USD1. Com 079860102 3,750 80,000 80,000 0 0 02 04 80,000 0 0
BellSouth Corporation Common USD1. Com 079860102 786 18,000 18,000 0 0 01 18,000 0 0
Berkshire Hathaway Inc. Cls. A USD Com 084670108 3,450 50 50 0 0 02 04 50 0 0
Berkshire Hathaway Inc. Cls. A USD Com 084670108 691 10 10 0 0 01 10 0 0
Best Buy Company Inc. Common USD0. Com 086516101 1,621 24,000 24,000 0 0 01 24,000 0 0
Best Buy Company Inc. Common USD0. Com 086516101 7,091 105,000 105,000 0 0 04 105,000 0 0
BMC Software Incorporated Common U Com 055921100 220 4,081 4,081 0 0 04 4,081 0 0
BMC Software Incorporated Common U Com 055921100 2,090 38,724 38,724 0 0 02 04 38,724 0 0
Bokum Resources Corporation Com. U Com 097500102 0 500 500 0 0 04 500 0 0
Bradley Real Estate Inc. Common US Com 104580105 308 15,000 15,000 0 0 02 04 15,000 0 0
Bradley Real Estate Inc. Common US Com 104580105 411 20,000 20,000 0 0 01 20,000 0 0
Bradley Real Estate Inc. Common US Com 104580105 1,028 50,000 50,000 0 0 04 50,000 0 0
Brauns Fashions Corporation Com. U Com 105658108 288 20,000 20,000 0 0 04 20,000 0 0
Bristol-Myers Squibb Co. Common US Com 110122108 12,367 175,649 175,649 0 0 02 04 175,649 0 0
Bristol-Myers Squibb Co. Common US Com 110122108 3,777 53,941 53,941 0 0 01 53,941 0 0
Bristol-Myers Squibb Co. Common US Com 110122108 1,231 17,489 17,489 0 0 02 01 17,489 0 0
Bristol-Myers Squibb Co. Common US Com 110122108 3,246 46,098 46,098 0 0 04 46,098 0 0
Bristol-Myers Squibb Co. Common US Com 110122108 1,405 19,961 19,961 0 0 02 04 19,961 0 0
Burlington Resources Inc. Common U Com 122014103 346 8,000 8,000 0 0 02 04 8,000 0 0
Burlington Resources Inc. Common U Com 122014103 865 20,000 20,000 0 0 01 20,000 0 0
Cache Incorporated Common USD0.01 Com 127150388 161 25,000 25,000 0 0 04 25,000 0 0
Chase Manhattan Corporation Com. U Com 16161A108 4,761 55,000 55,000 0 0 02 04 55,000 0 0
Chase Manhattan Corporation Com. U Com 16161A108 960 12,000 12,000 0 0 01 12,000 0 0
---------
51,833
<PAGE>
<CAPTION>
Form 13F Information Table
Global Asset Management (USA) Inc.
Page 4 of 16
1 2 3 4 5 6 7 8
Mkt Value -- Investment Discretion -- --- Voting Authority ---
Name of Issuer Type CUSIP $ x1000 # Shares Sole Shared Other Managers Sole Shared None
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Chevron Corp. Common USD1.50 Com 166751107 742 7,800 7,800 0 0 02 04 7,800 0 0
Chevron Corp. Common USD1.50 Com 166751107 293 3,200 3,200 0 0 01 3,200 0 0
Chubb Corporation Common USD1.00 Com 171232101 209 3,000 3,000 0 0 02 04 3,000 0 0
Chubb Corporation Common USD1.00 Com 171232101 3,269 47,000 47,000 0 0 04 47,000 0 0
Cintas Corporation Common NPV Com 172908105 141 2,093 2,093 0 0 04 2,093 0 0
Cintas Corporation Common NPV Com 172908105 1,240 18,465 18,465 0 0 02 04 18,465 0 0
Cisco Systems Incorporated Common Com 17275R102 4,511 70,000 70,000 0 0 02 04 70,000 0 0
Cisco Systems Incorporated Common Com 17275R102 971 16,100 16,100 0 0 01 16,100 0 0
Cisco Systems Incorporated Common Com 17275R102 281 4,364 4,364 0 0 04 4,364 0 0
Cisco Systems Incorporated Common Com 17275R102 1,108 17,197 17,197 0 0 02 04 17,197 0 0
Citigroup Incorporated Common USD0 Com 172967101 4,403 92,700 92,700 0 0 02 04 92,700 0 0
Citigroup Incorporated Common USD0 Com 172967101 723 16,500 16,500 0 0 01 16,500 0 0
Citipostal Incorporated Common USD Com 172907206 0 30,000 30,000 0 0 04 30,000 0 0
Clintrials Research Inc. Common US Com 188767107 22 4,500 4,500 0 0 01 4,500 0 0
Clintrials Research Inc. Common US Com 188767107 149 30,000 30,000 0 0 04 30,000 0 0
Coca-Cola Company Common USD0.25 Com 191216100 6,868 110,000 110,000 0 0 02 04 110,000 0 0
Coca-Cola Company Common USD0.25 Com 191216100 1,566 25,000 25,000 0 0 01 25,000 0 0
Colgate-Palmolive Company Common U Com 194162103 2,615 26,500 26,500 0 0 02 04 26,500 0 0
Colgate-Palmolive Company Common U Com 194162103 599 6,000 6,000 0 0 01 6,000 0 0
Colgate-Palmolive Company Common U Com 194162103 746 7,562 7,562 0 0 02 01 7,562 0 0
Colgate-Palmolive Company Common U Com 194162103 2,836 28,734 28,734 0 0 04 28,734 0 0
Colgate-Palmolive Company Common U Com 194162103 1,973 19,991 19,991 0 0 02 04 19,991 0 0
Columbian Northland Common NPV Com 198675100 0 6,000 6,000 0 0 04 6,000 0 0
Compaq Computers Corp. Common USD0 Com 204493100 457 19,300 19,300 0 0 02 04 19,300 0 0
Compaq Computers Corp. Common USD0 Com 204493100 111 4,900 4,900 0 0 01 4,900 0 0
---------
35,833
<PAGE>
<CAPTION>
Form 13F Information Table
Global Asset Management (USA) Inc.
Page 5 of 16
1 2 3 4 5 6 7 8
Mkt Value -- Investment Discretion -- --- Voting Authority ---
Name of Issuer Type CUSIP $ x1000 # Shares Sole Shared Other Managers Sole Shared None
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Computer Associates Intl. Com. USD Com 204912109 16,663 302,969 302,969 0 0 02 04 302,969 0 0
Computer Associates Intl. Com. USD Com 204912109 5,301 96,387 96,387 0 0 01 96,387 0 0
Computer Associates Intl. Com. USD Com 204912109 2,084 37,899 37,899 0 0 02 01 37,899 0 0
Computer Associates Intl. Com. USD Com 204912109 5,322 96,769 96,769 0 0 04 96,769 0 0
Computer Associates Intl. Com. USD Com 204912109 1,497 27,211 27,211 0 0 02 04 27,211 0 0
Computer Sciences Corp. Common USD Com 205363104 9,017 130,389 130,389 0 0 02 04 130,389 0 0
Computer Sciences Corp. Common USD Com 205363104 3,159 45,683 45,683 0 0 01 45,683 0 0
Computer Sciences Corp. Common USD Com 205363104 1,305 18,864 18,864 0 0 02 01 18,864 0 0
Computer Sciences Corp. Common USD Com 205363104 3,126 45,203 45,203 0 0 04 45,203 0 0
Computer Sciences Corp. Common USD Com 205363104 1,303 18,836 18,836 0 0 02 04 18,836 0 0
Consolidated Tomoka Land Common US Com 210226106 88 6,000 6,000 0 0 04 6,000 0 0
Cool Entertainment Incorporated Com 21639Q107 2 2,160 2,160 0 0 02 04 2,160 0 0
CyberShop Intl. Inc. Common USD0.0 Com 23251X105 342 50,000 50,000 0 0 01 50,000 0 0
DaimlerChrysler AG Ordinary (Reg.) Com D1668R123 2,637 29,672 29,672 0 0 02 04 29,672 0 0
DaimlerChrysler AG Ordinary (Reg.) Com D1668R123 619 7,018 7,018 0 0 01 7,018 0 0
Dairy Farm Intl. Hldgs. Ltd. Commo Com G2624N104 80 66,000 66,000 0 0 02 04 66,000 0 0
Dairy Farm Intl. Hldgs. Ltd. Commo Com G2624N104 665 552,000 552,000 0 0 02 04 552,000 0 0
Danskin Incorporated Common USD0.0 Com 236365102 15 19,447 19,447 0 0 04 19,447 0 0
Dell Computers Corporation Com. US Com 247025109 212 5,728 5,728 0 0 04 5,728 0 0
Dell Computers Corporation Com. US Com 247025109 886 23,974 23,974 0 0 02 04 23,974 0 0
Delta & Pine Land Inc. Common USD0 Com 247357106 314 10,000 10,000 0 0 02 04 10,000 0 0
Delta & Pine Land Inc. Common USD0 Com 247357106 471 15,000 15,000 0 0 01 15,000 0 0
Delta & Pine Land Inc. Common USD0 Com 247357106 1,192 38,000 38,000 0 0 04 38,000 0 0
Dial Corporation Common USD1.50 Com 25247D101 1,859 50,000 50,000 0 0 04 50,000 0 0
Diamond Offshore Drilling Common U Com 25271C102 141 5,000 5,000 0 0 02 04 5,000 0 0
---------
58,300
<PAGE>
<CAPTION>
Form 13F Information Table
Global Asset Management (USA) Inc.
Page 6 of 16
1 2 3 4 5 6 7 8
Mkt Value -- Investment Discretion -- --- Voting Authority ---
Name of Issuer Type CUSIP $ x1000 # Shares Sole Shared Other Managers Sole Shared None
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Diamond Offshore Drilling Common U Com 25271C102 3,108 110,000 110,000 0 0 04 110,000 0 0
ECCS Incorporated Common USD0.01 Com 26825H100 391 100,000 100,000 0 0 04 100,000 0 0
Elcom International Inc. Com. USD0 Com 284434107 463 98,500 98,500 0 0 04 98,500 0 0
EMC Corporation (Mass) Common USD0 Com 268648102 145 2,632 2,632 0 0 04 2,632 0 0
EMC Corporation (Mass) Common USD0 Com 268648102 1,599 29,075 29,075 0 0 02 04 29,075 0 0
Emerson Electric Common USD1.00 Com 291011104 2,326 37,000 37,000 0 0 02 04 37,000 0 0
Emerson Electric Common USD1.00 Com 291011104 647 10,000 10,000 0 0 01 10,000 0 0
Epicor Software Corp. Common USD0. Com 29426L108 1 110 110 0 0 04 110 0 0
Estee Lauder Co. Class A Common US Com 518439104 490 9,800 9,800 0 0 02 04 9,800 0 0
Estee Lauder Co. Class A Common US Com 518439104 56 1,200 1,200 0 0 01 1,200 0 0
Exxon Corporation NPV Com 302290101 321 4,200 4,200 0 0 01 4,200 0 0
Fairfield Communities Inc. Com. US Com 304231301 612 38,000 38,000 0 0 02 04 38,000 0 0
Fairfield Communities Inc. Com. US Com 304231301 1,288 80,000 80,000 0 0 01 80,000 0 0
Fairfield Communities Inc. Com. US Com 304231301 483 30,000 30,000 0 0 04 30,000 0 0
Fannie Mae Common USD2.10 Com 313586109 4,442 65,000 65,000 0 0 02 04 65,000 0 0
Fannie Mae Common USD2.10 Com 313586109 941 15,000 15,000 0 0 01 15,000 0 0
First Union Corp. Common USD3.333 Com 337358105 10,006 213,183 213,183 0 0 02 04 213,183 0 0
First Union Corp. Common USD3.333 Com 337358105 3,271 69,686 69,686 0 0 01 69,686 0 0
First Union Corp. Common USD3.333 Com 337358105 1,468 31,268 31,268 0 0 02 01 31,268 0 0
First Union Corp. Common USD3.333 Com 337358105 3,115 66,362 66,362 0 0 04 66,362 0 0
First Union Corp. Common USD3.333 Com 337358105 1,067 22,733 22,733 0 0 02 04 22,733 0 0
Fiserv Incorporated Common USD0.01 Com 337738108 361 11,523 11,523 0 0 02 04 11,523 0 0
Foamex International Inc. Com. USD Com 344123104 139 25,000 25,000 0 0 02 04 25,000 0 0
Foamex International Inc. Com. USD Com 344123104 390 70,000 70,000 0 0 01 70,000 0 0
Foamex International Inc. Com. USD Com 344123104 3,140 563,000 563,000 0 0 04 563,000 0 0
---------
40,271
<PAGE>
<CAPTION>
Form 13F Information Table
Global Asset Management (USA) Inc.
Page 7 of 16
1 2 3 4 5 6 7 8
Mkt Value -- Investment Discretion -- --- Voting Authority ---
Name of Issuer Type CUSIP $ x1000 # Shares Sole Shared Other Managers Sole Shared None
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Ford Motor Company Common USD1.00 Com 345370100 4,233 75,000 75,000 0 0 02 04 75,000 0 0
Ford Motor Company Common USD1.00 Com 345370100 971 18,018 18,018 0 0 01 18,018 0 0
Fortune Brands Inc. Common USD3.12 Com 349631101 83 2,000 2,000 0 0 01 2,000 0 0
Fortune Brands Inc. Common USD3.12 Com 349631101 2,070 50,000 50,000 0 0 04 50,000 0 0
Foster Wheeler Corporation Com. US Com 350244109 493 35,000 35,000 0 0 04 35,000 0 0
Fox Entertainment Group - Cls. A U Com 35138T107 2,016 75,000 75,000 0 0 02 04 75,000 0 0
Fox Entertainment Group - Cls. A U Com 35138T107 506 20,000 20,000 0 0 01 20,000 0 0
Freddie Mac Common USD0.21 Com 313400301 12,299 212,054 212,054 0 0 02 04 212,054 0 0
Freddie Mac Common USD0.21 Com 313400301 3,749 64,640 64,640 0 0 01 64,640 0 0
Freddie Mac Common USD0.21 Com 313400301 1,560 26,888 26,888 0 0 02 01 26,888 0 0
Freddie Mac Common USD0.21 Com 313400301 3,773 65,047 65,047 0 0 04 65,047 0 0
Freddie Mac Common USD0.21 Com 313400301 2,237 38,570 38,570 0 0 02 04 38,570 0 0
Fred's Incorporated Class A Common Com 356108100 98 6,250 6,250 0 0 01 6,250 0 0
Fremont General Corp. Common USD1. Com 357288109 1,862 99,000 99,000 0 0 04 99,000 0 0
Friedman Billings Ramsey Grp. Inc. Com 358433100 35 3,000 3,000 0 0 01 3,000 0 0
Friedman Billings Ramsey Grp. Inc. Com 358433100 319 27,000 27,000 0 0 04 27,000 0 0
Galileo International Inc. Com. US Com 363547100 13,912 260,333 260,333 0 0 02 04 260,333 0 0
Galileo International Inc. Com. US Com 363547100 3,924 73,436 73,436 0 0 01 73,436 0 0
Galileo International Inc. Com. US Com 363547100 1,557 29,141 29,141 0 0 02 01 29,141 0 0
Galileo International Inc. Com. US Com 363547100 3,533 66,121 66,121 0 0 04 66,121 0 0
Galileo International Inc. Com. US Com 363547100 1,478 27,665 27,665 0 0 02 04 27,665 0 0
Gallaher Group ADR Rep. 4 Ord. GBP Com 363595109 49 2,000 2,000 0 0 01 2,000 0 0
Gallaher Group ADR Rep. 4 Ord. GBP Com 363595109 1,227 50,000 50,000 0 0 04 50,000 0 0
General Electric Co. Amer. Com. US Com 369604103 7,312 65,000 65,000 0 0 02 04 65,000 0 0
General Electric Co. Amer. Com. US Com 369604103 1,494 14,000 14,000 0 0 01 14,000 0 0
---------
70,791
<PAGE>
<CAPTION>
Form 13F Information Table
Global Asset Management (USA) Inc.
Page 8 of 16
1 2 3 4 5 6 7 8
Mkt Value -- Investment Discretion -- --- Voting Authority ---
Name of Issuer Type CUSIP $ x1000 # Shares Sole Shared Other Managers Sole Shared None
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Genset SA Spons. ADS - Each Rep. 1 Com 37244T104 532 32,500 0 32,500 0 03 32,500 0 0
Gerber Scientific Common USD1.00 Com 373730100 331 15,000 15,000 0 0 02 04 15,000 0 0
Gerber Scientific Common USD1.00 Com 373730100 882 40,000 40,000 0 0 01 40,000 0 0
Gerber Scientific Common USD1.00 Com 373730100 662 30,000 30,000 0 0 04 30,000 0 0
Gillette Company Common USD1.00 Com 375766102 2,790 68,000 68,000 0 0 02 04 68,000 0 0
Gillette Company Common USD1.00 Com 375766102 621 15,000 15,000 0 0 01 15,000 0 0
Globalstar Telecommunications Comm Com G3930H104 1,543 66,652 66,652 0 0 04 66,652 0 0
Hecla Mining Company Common USD0.2 Com 422704106 1,700 800,000 800,000 0 0 04 800,000 0 0
Heinz (HJ) Company Common USD0.25 Com 423074103 848 16,932 16,932 0 0 02 01 16,932 0 0
Heinz (HJ) Company Common USD0.25 Com 423074103 3,334 66,554 66,554 0 0 04 66,554 0 0
Heinz (HJ) Company Common USD0.25 Com 423074103 333 6,645 6,645 0 0 02 04 6,645 0 0
Hewlett Packard Corp. Common USD1. Com 428236103 3,357 33,400 33,400 0 0 02 04 33,400 0 0
Hewlett Packard Corp. Common USD1. Com 428236103 636 7,000 7,000 0 0 01 7,000 0 0
Highland Holdings Intl. Inc. Commo Com 430134205 0 10 10 0 0 02 04 10 0 0
Home Depot Incorporated Common USD Com 437076102 281 4,369 4,369 0 0 04 4,369 0 0
Home Depot Incorporated Common USD Com 437076102 1,207 18,745 18,745 0 0 02 04 18,745 0 0
Homegold Financial Inc. Common USD Com 43740E104 49 32,000 32,000 0 0 04 32,000 0 0
Hong Kong Land Hdgs. Ltd. Common U Com G4587L109 1,271 780,000 780,000 0 0 02 04 780,000 0 0
Hong Kong Land Hdgs. Ltd. Common U Com G4587L109 903 554,000 554,000 0 0 01 554,000 0 0
Hong Kong Land Hdgs. Ltd. Common U Com G4587L109 15,845 9,721,000 9,721,000 0 0 02 01 9,721,000 0 0
Hong Kong Land Hdgs. Ltd. Common U Com G4587L109 1,144 702,000 702,000 0 0 03 702,000 0 0
Hong Kong Land Hdgs. Ltd. Common U Com G4587L109 5,055 3,101,000 3,101,000 0 0 02 04 3,101,000 0 0
ICU Medical Incorporated Common US Com 44930G107 1,048 60,000 60,000 0 0 04 60,000 0 0
Immunomed Incorporated Common USD0 Com 452907108 0 24,922 24,922 0 0 04 24,922 0 0
IMS Health Incorporated Common USD Com 449934108 3,164 101,365 101,365 0 0 02 04 101,365 0 0
---------
47,538
<PAGE>
<CAPTION>
Form 13F Information Table
Global Asset Management (USA) Inc.
Page 9 of 16
1 2 3 4 5 6 7 8
Mkt Value -- Investment Discretion -- --- Voting Authority ---
Name of Issuer Type CUSIP $ x1000 # Shares Sole Shared Other Managers Sole Shared None
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
IMS Health Incorporated Common USD Com 449934108 1,372 43,946 43,946 0 0 01 43,946 0 0
IMS Health Incorporated Common USD Com 449934108 606 19,409 19,409 0 0 02 01 19,409 0 0
IMS Health Incorporated Common USD Com 449934108 2,275 72,860 72,860 0 0 04 72,860 0 0
IMS Health Incorporated Common USD Com 449934108 871 27,912 27,912 0 0 02 04 27,912 0 0
Intel Corporation Common USD0.001 Com 458140100 23,016 387,033 387,033 0 0 02 04 387,033 0 0
Intel Corporation Common USD0.001 Com 458140100 6,771 116,105 116,105 0 0 01 116,105 0 0
Intel Corporation Common USD0.001 Com 458140100 2,064 34,705 34,705 0 0 02 01 34,705 0 0
Intel Corporation Common USD0.001 Com 458140100 5,430 91,309 91,309 0 0 04 91,309 0 0
Intel Corporation Common USD0.001 Com 458140100 2,516 42,302 42,302 0 0 02 04 42,302 0 0
Internationl Mining Corporation Com 460016108 0 216 216 0 0 02 04 216 0 0
Intimate Brands Inc. Common USD0.0 Com 461156101 398 8,400 8,400 0 0 01 8,400 0 0
IPI Incorporated Common USD0.01 Com 449804103 649 236,000 236,000 0 0 04 236,000 0 0
Isolyser Company Inc. Common USD0. Com 464888106 466 100,000 100,000 0 0 04 100,000 0 0
Johnson & Johnson Common USD1.00 Com 478160104 16,481 168,171 168,171 0 0 02 04 168,171 0 0
Johnson & Johnson Common USD1.00 Com 478160104 4,781 49,566 49,566 0 0 01 49,566 0 0
Johnson & Johnson Common USD1.00 Com 478160104 1,497 15,273 15,273 0 0 02 01 15,273 0 0
Johnson & Johnson Common USD1.00 Com 478160104 4,608 47,017 47,017 0 0 04 47,017 0 0
Johnson & Johnson Common USD1.00 Com 478160104 1,750 17,856 17,856 0 0 02 04 17,856 0 0
Jumbosports Incorporated Common US Com 849168109 1 12,500 12,500 0 0 01 12,500 0 0
KDI Corp. Common Stock (Restricted Com 482452109 0 57 0 57 0 01 57 0 0
Kerr-McGee Corporation Common USD1 Com 492386107 588 12,000 0 12,000 0 03 12,000 0 0
Keystone Automotive Ind. Inc. USD0 Com 49338N109 260 15,000 15,000 0 0 02 04 15,000 0 0
Keystone Automotive Ind. Inc. USD0 Com 49338N109 433 25,000 25,000 0 0 01 25,000 0 0
Keystone Automotive Ind. Inc. USD0 Com 49338N109 1,125 65,000 65,000 0 0 04 65,000 0 0
Marsh & McLennan Common USD1 Com 571748102 3,075 40,750 40,750 0 0 02 04 40,750 0 0
---------
81,032
<PAGE>
<CAPTION>
Form 13F Information Table
Global Asset Management (USA) Inc.
Page 10 of 16
1 2 3 4 5 6 7 8
Mkt Value -- Investment Discretion -- --- Voting Authority ---
Name of Issuer Type CUSIP $ x1000 # Shares Sole Shared Other Managers Sole Shared None
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Marsh & McLennan Common USD1 Com 571748102 745 10,000 10,000 0 0 01 10,000 0 0
Matrix Pharmaceuticals Inc. Com. U Com 576844104 166 40,000 40,000 0 0 04 40,000 0 0
McDonald's Corporation Common NPV Com 580135101 2,890 70,000 70,000 0 0 02 04 70,000 0 0
McDonald's Corporation Common NPV Com 580135101 600 15,000 15,000 0 0 01 15,000 0 0
McDonald's Corporation Common NPV Com 580135101 1,630 39,488 39,488 0 0 02 04 39,488 0 0
McGraw-Hill Inc. Cos. Common USD1. Com 480645109 2,692 50,000 50,000 0 0 02 04 50,000 0 0
McGraw-Hill Inc. Cos. Common USD1. Com 480645109 622 12,000 12,000 0 0 01 12,000 0 0
Medtronic Incorporated Common USD0 Com 585055106 567 7,280 7,280 0 0 02 01 7,280 0 0
Medtronic Incorporated Common USD0 Com 585055106 288 3,705 3,705 0 0 04 3,705 0 0
Medtronic Incorporated Common USD0 Com 585055106 1,216 15,626 15,626 0 0 02 04 15,626 0 0
Merck & Company Incorporated Commo Com 589331107 21,552 291,240 291,240 0 0 02 04 291,240 0 0
Merck & Company Incorporated Commo Com 589331107 5,798 79,501 79,501 0 0 01 79,501 0 0
Merck & Company Incorporated Commo Com 589331107 1,551 20,965 20,965 0 0 02 01 20,965 0 0
Merck & Company Incorporated Commo Com 589331107 4,974 67,217 67,217 0 0 04 67,217 0 0
Merck & Company Incorporated Commo Com 589331107 1,855 25,072 25,072 0 0 02 04 25,072 0 0
Merrill Lynch & Co. Common USD1.33 Com 590188108 1,199 15,000 15,000 0 0 02 04 15,000 0 0
Microsoft Corporation Com. USD0.00 Com 594918104 17,722 196,498 196,498 0 0 02 04 196,498 0 0
Microsoft Corporation Com. USD0.00 Com 594918104 5,200 58,649 58,649 0 0 01 58,649 0 0
Microsoft Corporation Com. USD0.00 Com 594918104 1,615 17,905 17,905 0 0 02 01 17,905 0 0
Microsoft Corporation Com. USD0.00 Com 594918104 5,060 56,101 56,101 0 0 04 56,101 0 0
Microsoft Corporation Com. USD0.00 Com 594918104 3,824 42,400 42,400 0 0 02 04 42,400 0 0
Mitek Systems Inc. Common USD0.001 Com 606710200 1,422 500,000 500,000 0 0 04 500,000 0 0
Mobil Corporation Common USD1.00 Com 607059102 931 9,400 9,400 0 0 02 04 9,400 0 0
Mobil Corporation Common USD1.00 Com 607059102 314 3,200 3,200 0 0 01 3,200 0 0
Morgan Keegan Incorporated Com. US Com 617410105 1,515 80,000 80,000 0 0 04 80,000 0 0
---------
85,948
<PAGE>
<CAPTION>
Form 13F Information Table
Global Asset Management (USA) Inc.
Page 11 of 16
1 2 3 4 5 6 7 8
Mkt Value -- Investment Discretion -- --- Voting Authority ---
Name of Issuer Type CUSIP $ x1000 # Shares Sole Shared Other Managers Sole Shared None
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Nat. Australia Bk. 7.875% Pref. (U Pref 632525309 480 15,800 15,800 0 0 04 15,800 0 0
Neopharm Incorporated Common USD0. Com 640919106 2,962 200,000 200,000 0 0 04 200,000 0 0
News Corp. Ltd. Cv. Pref. 5% (New Pref YY5015119 3,146 31,500 31,500 0 0 01 31,500 0 0
News Corp. Ltd. Cv. Pref. 5% Serie Pref 652485202 2,547 25,500 25,500 0 0 01 25,500 0 0
News Corp. Spon. ADR Rep. 4 Pref. Pref 652487802 446 14,100 14,100 0 0 02 04 14,100 0 0
News Corp. Spon. ADR Rep. 4 Pref. Pref 652487802 56 1,800 1,800 0 0 01 1,800 0 0
Nielsen Media Research Inc. Com. U Com 653929307 11,837 403,812 403,812 0 0 02 04 403,812 0 0
Nielsen Media Research Inc. Com. U Com 653929307 3,281 111,936 111,936 0 0 01 111,936 0 0
Nielsen Media Research Inc. Com. U Com 653929307 1,401 47,781 47,781 0 0 02 01 47,781 0 0
Nielsen Media Research Inc. Com. U Com 653929307 3,727 127,164 127,164 0 0 04 127,164 0 0
Nielsen Media Research Inc. Com. U Com 653929307 2,466 84,127 84,127 0 0 02 04 84,127 0 0
Norfolk Southern Corp. Com. USD1.0 Com 655844108 2,375 79,000 79,000 0 0 02 04 79,000 0 0
Norfolk Southern Corp. Com. USD1.0 Com 655844108 566 18,000 18,000 0 0 01 18,000 0 0
OpTel Incorporated Com 683817100 10 500 0 500 0 01 500 0 0
Opto Mechanik Inc. Common USD0.10 Com 683891103 0 75,000 75,000 0 0 04 75,000 0 0
Oracle Corporation Common USD0.01 Com 68389X105 12,699 342,069 342,069 0 0 02 04 342,069 0 0
Oracle Corporation Common USD0.01 Com 68389X105 4,269 115,000 115,000 0 0 01 115,000 0 0
Oracle Corporation Common USD0.01 Com 68389X105 1,794 48,317 48,317 0 0 02 01 48,317 0 0
Oracle Corporation Common USD0.01 Com 68389X105 3,349 90,196 90,196 0 0 04 90,196 0 0
Oracle Corporation Common USD0.01 Com 68389X105 1,273 34,289 34,289 0 0 02 04 34,289 0 0
Orion Capital Corp. Com. USD1.00 Com 686268103 538 15,000 15,000 0 0 01 15,000 0 0
Orion Capital Corp. Com. USD1.00 Com 686268103 2,152 60,000 60,000 0 0 04 60,000 0 0
ORS Automation Incorporated Common Com 671017101 0 20,000 0 20,000 0 03 20,000 0 0
ORS Automation Incorporated Common Com 671017101 0 15,000 15,000 0 0 04 15,000 0 0
Owens-Corning Corporation Com. USD Com 69073F103 7,362 214,546 214,546 0 0 02 04 214,546 0 0
---------
68,736
<PAGE>
<CAPTION>
Form 13F Information Table
Global Asset Management (USA) Inc.
Page 12 of 16
1 2 3 4 5 6 7 8
Mkt Value -- Investment Discretion -- --- Voting Authority ---
Name of Issuer Type CUSIP $ x1000 # Shares Sole Shared Other Managers Sole Shared None
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Owens-Corning Corporation Com. USD Com 69073F103 2,474 72,106 72,106 0 0 01 72,106 0 0
Owens-Corning Corporation Com. USD Com 69073F103 979 28,524 28,524 0 0 02 01 28,524 0 0
Owens-Corning Corporation Com. USD Com 69073F103 2,782 81,070 81,070 0 0 04 81,070 0 0
Oxigene Incorporated Common USD0.0 Com 691828107 470 50,000 50,000 0 0 04 50,000 0 0
Palm Harbor Homes Inc. Com. USD0.0 Com 696639103 245 9,765 9,765 0 0 01 9,765 0 0
Party City Corp. Common USD0.01 Com 702145103 16 7,500 7,500 0 0 01 7,500 0 0
Pep Boys-Manny Moe & Jack Com. USD Com 713278109 6 269 269 0 0 02 04 269 0 0
Pep Boys-Manny Moe & Jack Com. USD Com 713278109 17 806 806 0 0 01 806 0 0
Pep Boys-Manny Moe & Jack Com. USD Com 713278109 26 1,208 1,208 0 0 04 1,208 0 0
PepsiCo Incorporated Common USD0.0 Com 713448108 3,672 95,000 95,000 0 0 02 04 95,000 0 0
PepsiCo Incorporated Common USD0.0 Com 713448108 708 20,000 20,000 0 0 01 20,000 0 0
Pfizer Incorporated Common USD0.05 Com 717081103 21,262 194,895 194,895 0 0 02 04 194,895 0 0
Pfizer Incorporated Common USD0.05 Com 717081103 5,792 54,289 54,289 0 0 01 54,289 0 0
Pfizer Incorporated Common USD0.05 Com 717081103 1,761 16,144 16,144 0 0 02 01 16,144 0 0
Pfizer Incorporated Common USD0.05 Com 717081103 4,621 42,359 42,359 0 0 04 42,359 0 0
Pfizer Incorporated Common USD0.05 Com 717081103 2,089 19,150 19,150 0 0 02 04 19,150 0 0
Philip Morris Co. Common USD0.3333 Com 718154107 4,895 122,100 122,100 0 0 02 04 122,100 0 0
Philip Morris Co. Common USD0.3333 Com 718154107 1,013 25,000 25,000 0 0 01 25,000 0 0
Phoenix International Inc. Com. US Com 719078107 290 45,000 45,000 0 0 04 45,000 0 0
Point of Sale Limited Common ILS1. Com M7945W108 628 50,000 50,000 0 0 01 50,000 0 0
Point of Sale Limited Common ILS1. Com M7945W108 1,570 125,000 125,000 0 0 04 125,000 0 0
Policy Management Systems Corp. US Com 731108106 896 30,000 30,000 0 0 04 30,000 0 0
Polo Ralph Lauren Corp. Class A US Com 731572103 655 34,600 34,600 0 0 02 04 34,600 0 0
Polo Ralph Lauren Corp. Class A US Com 731572103 91 4,800 4,800 0 0 01 4,800 0 0
Power-One Incorporated Common USD0 Com 739308104 614 25,000 25,000 0 0 02 04 25,000 0 0
---------
57,574
<PAGE>
<CAPTION>
Form 13F Information Table
Global Asset Management (USA) Inc.
Page 13 of 16
1 2 3 4 5 6 7 8
Mkt Value -- Investment Discretion -- --- Voting Authority ---
Name of Issuer Type CUSIP $ x1000 # Shares Sole Shared Other Managers Sole Shared None
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Power-One Incorporated Common USD0 Com 739308104 1,719 70,000 70,000 0 0 01 70,000 0 0
Power-One Incorporated Common USD0 Com 739308104 1,316 53,571 53,571 0 0 04 53,571 0 0
Priam Corp. Com. NPV Com 741400105 0 150,000 150,000 0 0 04 150,000 0 0
Procter & Gamble Common NPV Com 742718109 16,338 183,121 183,121 0 0 02 04 183,121 0 0
Procter & Gamble Common NPV Com 742718109 5,503 61,994 61,994 0 0 01 61,994 0 0
Procter & Gamble Common NPV Com 742718109 2,046 22,929 22,929 0 0 02 01 22,929 0 0
Procter & Gamble Common NPV Com 742718109 5,373 60,227 60,227 0 0 04 60,227 0 0
Procter & Gamble Common NPV Com 742718109 2,421 27,138 27,138 0 0 02 04 27,138 0 0
Professional Staff PLC Spons. ADR Com 74315R105 177 27,000 27,000 0 0 01 27,000 0 0
Professional Staff PLC Spons. ADR Com 74315R105 315 48,000 48,000 0 0 04 48,000 0 0
Range Resources Corp. Common USD0. Com 75281A109 755 120,830 120,830 0 0 04 120,830 0 0
Raychem Corporation Common USD1.00 Com 754603108 296 8,000 8,000 0 0 02 04 8,000 0 0
Raychem Corporation Common USD1.00 Com 754603108 555 15,000 15,000 0 0 01 15,000 0 0
Reinsurance Group of Amer. Inc. No Com 759351208 1,046 36,063 0 36,063 0 03 0 0 36,063
Reinsurance Group of Amer. Inc. US Com 759351109 363 10,353 0 10,353 0 03 10,353 0 0
Rockwell Intl. Corp. Common USD1.0 Com 773903109 3,189 52,500 52,500 0 0 02 04 52,500 0 0
Rockwell Intl. Corp. Common USD1.0 Com 773903109 708 12,000 12,000 0 0 01 12,000 0 0
Saga Communications Inc. Class A U Com 786598102 1,676 90,000 90,000 0 0 04 90,000 0 0
SBC Communications Inc. Common USD Com 78387G103 3,707 63,920 63,920 0 0 02 04 63,920 0 0
SBC Communications Inc. Common USD Com 78387G103 934 18,064 18,064 0 0 01 18,064 0 0
Schering-Plough Corp. Com. USD1.00 Com 806605101 13,211 249,551 249,551 0 0 02 04 249,551 0 0
Schering-Plough Corp. Com. USD1.00 Com 806605101 4,385 82,838 82,838 0 0 01 82,838 0 0
Schering-Plough Corp. Com. USD1.00 Com 806605101 1,776 33,556 33,556 0 0 02 01 33,556 0 0
Schering-Plough Corp. Com. USD1.00 Com 806605101 4,329 81,774 81,774 0 0 04 81,774 0 0
Schering-Plough Corp. Com. USD1.00 Com 806605101 3,073 58,044 58,044 0 0 02 04 58,044 0 0
---------
75,212
<PAGE>
<CAPTION>
Form 13F Information Table
Global Asset Management (USA) Inc.
Page 14 of 16
1 2 3 4 5 6 7 8
Mkt Value -- Investment Discretion -- --- Voting Authority ---
Name of Issuer Type CUSIP $ x1000 # Shares Sole Shared Other Managers Sole Shared None
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Sea Containers Class B Common USD0 Com 811371103 672 20,000 20,000 0 0 04 20,000 0 0
Sierra Health Services Common USD0 Com 826322109 143 10,000 10,000 0 0 02 04 10,000 0 0
Sierra Health Services Common USD0 Com 826322109 1,457 101,550 101,550 0 0 04 101,550 0 0
Sierra Home Services Common (ESCRO Com 826323107 0 50,000 50,000 0 0 04 50,000 0 0
St. Joe Corporation Common NPV Com 790148100 1,062 40,800 0 40,800 0 03 40,800 0 0
Starbucks Corporation Common NPV Com 855244109 4,017 107,221 107,221 0 0 02 04 107,221 0 0
Starbucks Corporation Common NPV Com 855244109 1,365 36,424 36,424 0 0 01 36,424 0 0
Starbucks Corporation Common NPV Com 855244109 555 14,819 14,819 0 0 02 01 14,819 0 0
Starbucks Corporation Common NPV Com 855244109 1,836 48,991 48,991 0 0 04 48,991 0 0
Starbucks Corporation Common NPV Com 855244109 1,441 38,471 38,471 0 0 02 04 38,471 0 0
Sterling Software Common USD0.10 Com 859547101 352 13,220 13,220 0 0 04 13,220 0 0
Stolt-Nielsen SA Common NPV Com L88742108 995 65,000 65,000 0 0 04 65,000 0 0
Suntrust Banks Incorporated Com. U Com 867914103 3,467 50,000 50,000 0 0 02 04 50,000 0 0
Suntrust Banks Incorporated Com. U Com 867914103 659 10,000 10,000 0 0 01 10,000 0 0
Synalloy Corporation Common USD1.0 Com 871565107 263 33,750 33,750 0 0 04 33,750 0 0
Syquest Technology Inc. Common USD Com 871660106 0 104,000 104,000 0 0 04 104,000 0 0
Taco Cabana A Common USD0.01 Com 873425102 512 50,000 50,000 0 0 04 50,000 0 0
TCI Music Inc. Common USD0.01 Clas Com 87229N101 177 5,000 5,000 0 0 02 04 5,000 0 0
TCI Music Inc. Common USD0.01 Clas Com 87229N101 532 15,000 15,000 0 0 01 15,000 0 0
Tellabs Incorporated Common NPV Com 879664100 13,378 197,913 197,913 0 0 02 04 197,913 0 0
Tellabs Incorporated Common NPV Com 879664100 4,352 64,392 64,392 0 0 01 64,392 0 0
Tellabs Incorporated Common NPV Com 879664100 1,955 28,916 28,916 0 0 02 01 28,916 0 0
Tellabs Incorporated Common NPV Com 879664100 6,148 90,949 90,949 0 0 04 90,949 0 0
Tellabs Incorporated Common NPV Com 879664100 851 12,594 12,594 0 0 02 04 12,594 0 0
Titan Corporation Common USD0.01 Com 888266103 287 26,400 26,400 0 0 01 26,400 0 0
---------
46,477
<PAGE>
<CAPTION>
Form 13F Information Table
Global Asset Management (USA) Inc.
Page 15 of 16
1 2 3 4 5 6 7 8
Mkt Value -- Investment Discretion -- --- Voting Authority ---
Name of Issuer Type CUSIP $ x1000 # Shares Sole Shared Other Managers Sole Shared None
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Titan Corporation Common USD0.01 Com 888266103 1,839 169,100 169,100 0 0 04 169,100 0 0
Tricon Global Rest. Inc. Common US Com 895953107 314 5,800 5,800 0 0 02 04 5,800 0 0
Tricon Global Rest. Inc. Common US Com 895953107 117 2,350 2,350 0 0 01 2,350 0 0
Ultrak Incorporated Common NPV Com 903898401 297 50,000 50,000 0 0 04 50,000 0 0
Unilab Corporation Common USD0.01 Com 904763109 34 5,600 5,600 0 0 01 5,600 0 0
Unilab Corporation Common USD0.01 Com 904763109 101 16,800 16,800 0 0 04 16,800 0 0
United Auto Group Inc. Common USD0 Com 909440109 759 75,000 75,000 0 0 01 75,000 0 0
United Auto Group Inc. Common USD0 Com 909440109 425 42,000 42,000 0 0 04 42,000 0 0
Unitrin Incorporated Common USD0.1 Com 913275103 114 2,800 2,800 0 0 02 04 2,800 0 0
Unocal Corporation Common USD1.00 Com 915289102 119 3,000 3,000 0 0 01 3,000 0 0
USA Truck Incorporated Common USD0 Com 902925106 919 100,000 100,000 0 0 04 100,000 0 0
USX-Marathon Group Common USD1 Com 902905827 1,264 40,000 0 40,000 0 03 40,000 0 0
Viad Corporation Common USD1.50 Com 92552R109 309 10,000 10,000 0 0 02 04 10,000 0 0
Viad Corporation Common USD1.50 Com 92552R109 2,995 97,000 97,000 0 0 04 97,000 0 0
Videsh Sanchar Nigam Ltd. GDR Rep. Com Y9371X110 1,409 110,000 110,000 0 0 02 01 110,000 0 0
Visual Technology Inc. Common USD0 Com 928455203 0 800 800 0 0 04 800 0 0
Waddell & Reed Finl. Inc. Cls. B U Com 930059209 267 10,300 0 10,300 0 03 10,300 0 0
Waddell & Reed Finl. Inc. Cls. B U Com 930059209 199 7,347 7,347 0 0 04 7,347 0 0
Walgreen Company Common USD0.625 Com 931422109 3,105 105,800 105,800 0 0 02 04 105,800 0 0
Walgreen Company Common USD0.625 Com 931422109 716 26,000 26,000 0 0 01 26,000 0 0
Wal-Mart Stores Common USD0.10 Com 931142103 3,378 70,000 70,000 0 0 02 04 70,000 0 0
Wal-Mart Stores Common USD0.10 Com 931142103 650 15,000 15,000 0 0 01 15,000 0 0
Wal-Mart Stores Common USD0.10 Com 931142103 178 3,694 3,694 0 0 04 3,694 0 0
Wal-Mart Stores Common USD0.10 Com 931142103 1,194 24,751 24,751 0 0 02 04 24,751 0 0
Warner-Lambert Company Common USD1 Com 934488107 154 2,222 2,222 0 0 04 2,222 0 0
---------
20,854
<PAGE>
<CAPTION>
Form 13F Information Table
Global Asset Management (USA) Inc.
Page 16 of 16
1 2 3 4 5 6 7 8
Mkt Value -- Investment Discretion -- --- Voting Authority ---
Name of Issuer Type CUSIP $ x1000 # Shares Sole Shared Other Managers Sole Shared None
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Warner-Lambert Company Common USD1 Com 934488107 878 12,659 12,659 0 0 02 04 12,659 0 0
Wm. Wrigley Jr. Company Common NPV Com 982526105 172 1,913 1,913 0 0 04 1,913 0 0
Wm. Wrigley Jr. Company Common NPV Com 982526105 752 8,359 8,359 0 0 02 04 8,359 0 0
XL Capital Limited Class A USD0.01 Com G98255105 227 4,000 4,000 0 0 02 04 4,000 0 0
XL Capital Limited Class A USD0.01 Com G98255105 198 3,500 3,500 0 0 01 3,500 0 0
Yellow Corporation Common USD1.00 Com 985509108 1,759 100,000 100,000 0 0 04 100,000 0 0
Zagrebacka Banka GDR (Rep. 1 Ord.: Com 988849204 939 92,100 0 92,100 0 03 92,100 0 0
---------
4,926
=========
876,808
</TABLE>
