UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: 06/30/00
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 08/08/00
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: 331
Form 13F Information Table Value Total: $625,899
List of other Included Managers
No. 13F File Number Name
01 00-00000-000 GAM International Management Limited
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
Form 13F Information Table
Global Asset Management (USA) Inc.
Page 1 of 14
<TABLE>
<CAPTION>
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>
Abbott Laboratories Common NPV Com 002824100 502 12,000 12,000 0 0 01 12,000 0 0
Abbott Laboratories Common NPV Com 002824100 2,170 48,700 48,700 0 0 04 48,700 0 0
Adv. Semiconductor Eng. Inc. - GDR Com Y00153117 1,850 108,841 108,841 0 0 01 02 108,841 0 0
Alberto-Culver Co. Cls. A Cv. USD0 Com 013068200 2,877 110,000 110,000 0 0 04 110,000 0 0
Amcor Ltd. 7.25% Perp. Red. Inc. P Pref 02341R401 912 24,000 0 24,000 0 03 24,000 0 0
Amcor Ltd. 7.25% Perp. Red. Inc. P Pref 02341R401 859 22,600 22,600 0 0 04 22,600 0 0
Amdocs Limited Common USD0.01 Com G02602103 98 1,280 1,280 0 0 04 1,280 0 0
American Express Company Common US Com 025816109 475 9,050 9,050 0 0 01 9,050 0 0
American Express Company Common US Com 025816109 1,985 38,100 38,100 0 0 04 38,100 0 0
American Freightways Common USD0.0 Com 02629V108 1,466 100,000 100,000 0 0 04 100,000 0 0
American General Corp. Common USD0 Com 026351106 1,892 31,000 31,000 0 0 01 31,000 0 0
American General Corp. Common USD0 Com 026351106 2,777 45,508 45,508 0 0 04 45,508 0 0
American General Corp. Common USD0 Com 026351106 287 4,700 4,700 0 0 04 4,700 0 0
American Home Products Common USD0 Com 026609107 1,598 27,200 27,200 0 0 01 27,200 0 0
American Home Products Common USD0 Com 026609107 2,238 38,100 38,100 0 0 04 38,100 0 0
American International Grp. Com. U Com 026874107 1,342 11,415 11,415 0 0 01 11,415 0 0
American International Grp. Com. U Com 026874107 121 1,032 0 1,032 0 03 1,032 0 0
American International Grp. Com. U Com 026874107 6,956 59,183 59,183 0 0 04 59,183 0 0
American International Grp. Com. U Com 026874107 1,773 15,089 15,089 0 0 02 04 15,089 0 0
Amgen Incorporated Common USD0.000 Com 031162100 318 4,529 4,529 0 0 01 4,529 0 0
Amgen Incorporated Common USD0.000 Com 031162100 47 668 0 668 0 03 668 0 0
Amgen Incorporated Common USD0.000 Com 031162100 3,745 53,286 53,286 0 0 04 53,286 0 0
Amgen Incorporated Common USD0.000 Com 031162100 576 8,194 8,194 0 0 02 04 8,194 0 0
AT&T Corporation Common USD1.00 Com 001957109 1,066 33,750 0 33,750 0 03 33,750 0 0
Automatic Data Processing Inc. USD Com 053015103 2,044 38,157 38,157 0 0 01 38,157 0 0
---------
39,975
<PAGE>
Form 13F Information Table
Global Asset Management (USA) Inc.
Page 2 of 14
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>
Automatic Data Processing Inc. USD Com 053015103 180 3,365 0 3,365 0 03 3,365 0 0
Automatic Data Processing Inc. USD Com 053015103 10,536 196,712 196,712 0 0 04 196,712 0 0
Automatic Data Processing Inc. USD Com 053015103 2,135 39,866 39,866 0 0 02 04 39,866 0 0
Bank of America Corp. Common USD0. Com 060505104 1,204 28,000 28,000 0 0 01 28,000 0 0
Bank of America Corp. Common USD0. Com 060505104 2,451 57,000 57,000 0 0 04 57,000 0 0
Barrett Resources Corp. Common USD Com 068480201 2,435 80,000 80,000 0 0 01 80,000 0 0
Barrett Resources Corp. Common USD Com 068480201 365 12,000 12,000 0 0 04 12,000 0 0
Bear Stearns Companies Inc. Com. U Com 073902108 1,332 32,000 32,000 0 0 01 32,000 0 0
Bear Stearns Companies Inc. Com. U Com 073902108 1,623 39,000 39,000 0 0 04 39,000 0 0
BellSouth Corporation Common USD1. Com 079860102 587 13,300 13,300 0 0 01 13,300 0 0
BellSouth Corporation Common USD1. Com 079860102 2,670 62,600 62,600 0 0 04 62,600 0 0
Best Buy Company Inc. Common USD0. Com 086516101 1,518 24,000 24,000 0 0 01 24,000 0 0
Best Buy Company Inc. Common USD0. Com 086516101 2,214 35,000 35,000 0 0 04 35,000 0 0
Bethlehem Steel Corp. Common USD1. Com 087509105 2,192 610,000 610,000 0 0 04 610,000 0 0
BP Amoco ADR (Rep 6 Ord USD0.25) Com 055622104 611 10,750 10,750 0 0 01 10,750 0 0
BP Amoco ADR (Rep 6 Ord USD0.25) Com 055622104 2,670 47,200 47,200 0 0 04 47,200 0 0
Bradley Real Estate Inc. Common US Com 104580105 427 20,000 20,000 0 0 01 20,000 0 0
Bradley Real Estate Inc. Common US Com 104580105 1,387 65,000 65,000 0 0 04 65,000 0 0
Bristol-Myers Squibb Co. Common US Com 110122108 564 9,750 9,750 0 0 01 9,750 0 0
Bristol-Myers Squibb Co. Common US Com 110122108 2,183 37,500 37,500 0 0 04 37,500 0 0
Burlington Resources Inc. Common U Com 122014103 766 20,000 20,000 0 0 01 20,000 0 0
Burlington Resources Inc. Common U Com 122014103 612 16,000 16,000 0 0 04 16,000 0 0
Centrais Elec. ADR Rep. 500 Pref. Com 12534Q108 47 4,300 4,300 0 0 04 4,300 0 0
Chase Manhattan Corporation Com. U Com 16161A108 597 12,525 12,525 0 0 01 12,525 0 0
Chase Manhattan Corporation Com. U Com 16161A108 1,976 42,900 42,900 0 0 04 42,900 0 0
---------
43,284
<PAGE>
Form 13F Information Table
Global Asset Management (USA) Inc.
Page 3 of 14
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>
Check Point Software Tech. Ltd. IL Com M22465104 527 2,491 2,491 0 0 04 2,491 0 0
Chevron Corp. Common USD1.50 Com 166751107 899 10,533 10,533 0 0 01 10,533 0 0
Chevron Corp. Common USD1.50 Com 166751107 46 537 0 537 0 03 537 0 0
Chevron Corp. Common USD1.50 Com 166751107 3,157 37,210 37,210 0 0 04 37,210 0 0
Chevron Corp. Common USD1.50 Com 166751107 865 10,200 10,200 0 0 04 10,200 0 0
Chevron Corp. Common USD1.50 Com 166751107 591 6,969 6,969 0 0 02 04 6,969 0 0
China Telecom (HK) ADR Rep. 20 Ord Com 169428109 423 2,377 2,377 0 0 04 2,377 0 0
Christopher & Banks Corp. Common U Com 171046105 1,098 30,000 30,000 0 0 04 30,000 0 0
Chubb Corporation Common USD1.00 Com 171232101 2,152 35,000 35,000 0 0 01 35,000 0 0
Chubb Corporation Common USD1.00 Com 171232101 3,198 52,000 52,000 0 0 04 52,000 0 0
Cisco Systems Incorporated Common Com 17275R102 1,224 20,000 20,000 0 0 01 20,000 0 0
Cisco Systems Incorporated Common Com 17275R102 210 3,301 3,301 0 0 04 3,301 0 0
Cisco Systems Incorporated Common Com 17275R102 5,206 81,900 81,900 0 0 04 81,900 0 0
Citigroup Incorporated Common USD0 Com 172967101 892 14,200 14,200 0 0 01 14,200 0 0
Citigroup Incorporated Common USD0 Com 172967101 94 1,558 1,558 0 0 04 1,558 0 0
Citigroup Incorporated Common USD0 Com 172967101 3,494 58,000 58,000 0 0 04 58,000 0 0
Clear Channel Comms. Inc. Common U Com 184502102 598 7,974 7,974 0 0 01 7,974 0 0
Clear Channel Comms. Inc. Common U Com 184502102 52 694 0 694 0 03 694 0 0
Clear Channel Comms. Inc. Common U Com 184502102 3,191 42,571 42,571 0 0 04 42,571 0 0
Clear Channel Comms. Inc. Common U Com 184502102 604 8,062 8,062 0 0 02 04 8,062 0 0
Clintrials Research Inc. Common US Com 188767107 15 4,500 4,500 0 0 01 4,500 0 0
Clintrials Research Inc. Common US Com 188767107 98 30,000 30,000 0 0 04 30,000 0 0
Coca-Cola Company Common USD0.25 Com 191216100 1,306 22,200 22,200 0 0 01 22,200 0 0
Coca-Cola Company Common USD0.25 Com 191216100 4,940 86,100 86,100 0 0 04 86,100 0 0
Colgate-Palmolive Company Common U Com 194162103 2,850 48,010 48,010 0 0 01 48,010 0 0
---------
37,730
<PAGE>
Form 13F Information Table
Global Asset Management (USA) Inc.
Page 4 of 14
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>
Colgate-Palmolive Company Common U Com 194162103 206 3,450 0 3,450 0 03 3,450 0 0
Colgate-Palmolive Company Common U Com 194162103 12,332 206,184 206,184 0 0 04 206,184 0 0
Colgate-Palmolive Company Common U Com 194162103 2,189 36,600 36,600 0 0 04 36,600 0 0
Colgate-Palmolive Company Common U Com 194162103 2,390 39,958 39,958 0 0 02 04 39,958 0 0
Computer Associates Intl. Com. USD Com 204912109 3,001 58,620 58,620 0 0 01 58,620 0 0
Computer Associates Intl. Com. USD Com 204912109 140 2,744 0 2,744 0 03 2,744 0 0
Computer Associates Intl. Com. USD Com 204912109 9,715 189,798 189,798 0 0 04 189,798 0 0
Computer Associates Intl. Com. USD Com 204912109 1,190 23,252 23,252 0 0 02 04 23,252 0 0
Comverse Technology Inc. Common US Com 205862402 423 4,551 4,551 0 0 04 4,551 0 0
Consolidated Tomoka Land Common US Com 210226106 73 6,000 6,000 0 0 04 6,000 0 0
Delta & Pine Land Inc. Common USD0 Com 247357106 2,645 105,000 105,000 0 0 01 105,000 0 0
Delta & Pine Land Inc. Common USD0 Com 247357106 1,335 53,000 53,000 0 0 04 53,000 0 0
Dial Corporation Common USD1.50 Com 25247D101 509 50,000 50,000 0 0 04 50,000 0 0
Du Pont (E.I) De Nemours Common US Com 263534109 2,627 60,000 60,000 0 0 04 60,000 0 0
Eastman Kodak Company Common USD2. Com 277461109 5,104 85,750 85,750 0 0 04 85,750 0 0
ECCS Incorporated Common USD0.01 Com 26825H100 492 100,000 100,000 0 0 04 100,000 0 0
Elcom International Inc. Com. USD0 Com 284434107 674 98,500 98,500 0 0 04 98,500 0 0
EMC Corporation (Mass) Common USD0 Com 268648102 110 1,500 1,500 0 0 01 1,500 0 0
EMC Corporation (Mass) Common USD0 Com 268648102 111 1,442 1,442 0 0 04 1,442 0 0
EMC Corporation (Mass) Common USD0 Com 268648102 1,539 20,000 20,000 0 0 04 20,000 0 0
Emerson Electric Common USD1.00 Com 291011104 1,649 27,300 27,300 0 0 04 27,300 0 0
ESG Re Limited Common USD1.00 Com G31215109 327 85,000 85,000 0 0 01 85,000 0 0
ESG Re Limited Common USD1.00 Com G31215109 58 15,000 15,000 0 0 04 15,000 0 0
Estee Lauder Co. Class A Common US Com 518439104 53 1,100 1,100 0 0 01 1,100 0 0
Estee Lauder Co. Class A Common US Com 518439104 370 7,500 7,500 0 0 04 7,500 0 0
---------
49,264
<PAGE>
Form 13F Information Table
Global Asset Management (USA) Inc.
Page 5 of 14
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>
Exxon Mobil Corporation NPV Com 30231G102 2,165 27,396 27,396 0 0 01 27,396 0 0
Exxon Mobil Corporation NPV Com 30231G102 121 1,545 0 1,545 0 03 1,545 0 0
Exxon Mobil Corporation NPV Com 30231G102 7,082 90,797 90,797 0 0 04 90,797 0 0
Exxon Mobil Corporation NPV Com 30231G102 2,347 30,086 30,086 0 0 04 30,086 0 0
Exxon Mobil Corporation NPV Com 30231G102 1,387 17,778 17,778 0 0 02 04 17,778 0 0
Fairfield Communities Inc. Com. US Com 304231301 632 80,000 80,000 0 0 01 80,000 0 0
Fairfield Communities Inc. Com. US Com 304231301 538 68,000 68,000 0 0 04 68,000 0 0
Fannie Mae Common NPV Com 313586109 521 9,750 9,750 0 0 01 9,750 0 0
Fannie Mae Common NPV Com 313586109 2,392 45,800 45,800 0 0 04 45,800 0 0
Fiserv Incorporated Common USD0.01 Com 337738108 1,553 35,911 35,911 0 0 01 35,911 0 0
Fiserv Incorporated Common USD0.01 Com 337738108 106 2,455 0 2,455 0 03 2,455 0 0
Fiserv Incorporated Common USD0.01 Com 337738108 6,483 149,902 149,902 0 0 04 149,902 0 0
Fiserv Incorporated Common USD0.01 Com 337738108 1,222 28,263 28,263 0 0 02 04 28,263 0 0
Foamex International Inc. Com. USD Com 344123104 1,188 200,000 200,000 0 0 01 200,000 0 0
Foamex International Inc. Com. USD Com 344123104 3,640 613,000 613,000 0 0 04 613,000 0 0
Ford Motor Company Common USD1.00 Com 345370100 797 18,418 18,418 0 0 01 18,418 0 0
Ford Motor Company Common USD1.00 Com 345370100 2,694 62,600 62,600 0 0 04 62,600 0 0
Fortune Brands Inc. Common USD3.12 Com 349631101 2,306 100,000 100,000 0 0 01 100,000 0 0
Fortune Brands Inc. Common USD3.12 Com 349631101 1,153 50,000 50,000 0 0 04 50,000 0 0
Fox Entertainment Group - Cls. A U Com 35138T107 300 10,000 10,000 0 0 01 10,000 0 0
Fox Entertainment Group - Cls. A U Com 35138T107 1,776 58,600 58,600 0 0 04 58,600 0 0
Freddie Mac Common USD0.21 Com 313400301 2,313 57,162 57,162 0 0 01 57,162 0 0
Freddie Mac Common USD0.21 Com 313400301 199 4,911 0 4,911 0 03 4,911 0 0
Freddie Mac Common USD0.21 Com 313400301 11,768 290,780 290,780 0 0 04 290,780 0 0
Freddie Mac Common USD0.21 Com 313400301 2,390 59,046 59,046 0 0 02 04 59,046 0 0
---------
57,071
<PAGE>
Form 13F Information Table
Global Asset Management (USA) Inc.
Page 6 of 14
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>
Fred's Incorporated Class A Common Com 356108100 1,711 94,250 94,250 0 0 01 94,250 0 0
Fremont General Corp. Common USD1. Com 357288109 393 99,000 99,000 0 0 04 99,000 0 0
Gedeon Richter Rt. GDR Reg. S HUF1 Com 368467205 49 913 913 0 0 04 913 0 0
General Electric Co. Amer. Com. US Com 369604103 2,715 53,074 53,074 0 0 01 53,074 0 0
General Electric Co. Amer. Com. US Com 369604103 102 1,931 0 1,931 0 03 1,931 0 0
General Electric Co. Amer. Com. US Com 369604103 5,826 109,932 109,932 0 0 04 109,932 0 0
General Electric Co. Amer. Com. US Com 369604103 6,795 128,200 128,200 0 0 04 128,200 0 0
General Electric Co. Amer. Com. US Com 369604103 1,778 33,553 33,553 0 0 02 04 33,553 0 0
General Motors Corp. Common USD1.6 Com 370442105 5,205 89,650 89,650 0 0 04 89,650 0 0
Gerber Scientific Common USD1.00 Com 373730100 468 40,000 40,000 0 0 01 40,000 0 0
Gerber Scientific Common USD1.00 Com 373730100 526 45,000 45,000 0 0 04 45,000 0 0
Gilat Satellite Netwk. Ltd. Ord. I Com M51474100 200 2,880 2,880 0 0 04 2,880 0 0
Gillette Company Common USD1.00 Com 375766102 444 13,450 13,450 0 0 01 13,450 0 0
Gillette Company Common USD1.00 Com 375766102 1,857 53,200 53,200 0 0 04 53,200 0 0
Grupo Tele. GDR (Rep. 2 Ord. Ptg. Com 40049J206 283 4,113 4,113 0 0 04 4,113 0 0
Hecla Mining Company Common USD0.2 Com 422704106 562 500,000 500,000 0 0 04 500,000 0 0
Hewlett Packard Corp. Common USD1. Com 428236103 742 6,200 6,200 0 0 01 6,200 0 0
Hewlett Packard Corp. Common USD1. Com 428236103 3,247 26,000 26,000 0 0 04 26,000 0 0
Home Depot Incorporated Common USD Com 437076102 1,190 23,838 23,838 0 0 01 23,838 0 0
Home Depot Incorporated Common USD Com 437076102 104 2,084 0 2,084 0 03 2,084 0 0
Home Depot Incorporated Common USD Com 437076102 6,381 127,781 127,781 0 0 04 127,781 0 0
Home Depot Incorporated Common USD Com 437076102 1,020 20,421 20,421 0 0 02 04 20,421 0 0
Honeywell Intl Inc Com USD1 Com 438516106 304 8,850 8,850 0 0 01 8,850 0 0
Honeywell Intl Inc Com USD1 Com 438516106 1,385 41,100 41,100 0 0 04 41,100 0 0
Hong Kong Land Hdgs. Ltd. Common U Com G4587L109 1,109 689,000 689,000 0 0 01 689,000 0 0
---------
44,396
<PAGE>
Form 13F Information Table
Global Asset Management (USA) Inc.
Page 7 of 14
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>
Hong Kong Land Hdgs. Ltd. Common U Com G4587L109 14,496 9,004,000 9,004,000 0 0 02 01 9,004,000 0 0
Hong Kong Land Hdgs. Ltd. Common U Com G4587L109 1,518 943,000 943,000 0 0 04 02 943,000 0 0
Hong Kong Land Hdgs. Ltd. Common U Com G4587L109 819 509,000 509,000 0 0 04 509,000 0 0
Hong Kong Land Hdgs. Ltd. Common U Com G4587L109 4,481 2,783,000 2,783,000 0 0 02 04 2,783,000 0 0
ICU Medical Incorporated Common US Com 44930G107 1,601 60,000 60,000 0 0 04 60,000 0 0
IMS Health Incorporated Common USD Com 449934108 533 29,585 29,585 0 0 01 29,585 0 0
IMS Health Incorporated Common USD Com 449934108 43 2,373 0 2,373 0 03 2,373 0 0
IMS Health Incorporated Common USD Com 449934108 3,043 169,073 169,073 0 0 04 169,073 0 0
IMS Health Incorporated Common USD Com 449934108 526 29,225 29,225 0 0 02 04 29,225 0 0
Intel Corporation Common USD0.001 Com 458140100 3,766 28,434 28,434 0 0 01 28,434 0 0
Intel Corporation Common USD0.001 Com 458140100 121 902 0 902 0 03 902 0 0
Intel Corporation Common USD0.001 Com 458140100 7,742 57,928 57,928 0 0 04 57,928 0 0
Intel Corporation Common USD0.001 Com 458140100 11,468 85,800 85,800 0 0 04 85,800 0 0
Intel Corporation Common USD0.001 Com 458140100 1,401 10,485 10,485 0 0 02 04 10,485 0 0
International Paper Company Com. U Com 460146103 3,278 110,000 110,000 0 0 04 110,000 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 334 16,800 16,800 0 0 01 16,800 0 0
Intl. Business Machines Corp. USD0 Com 459200101 610 5,350 5,350 0 0 01 5,350 0 0
Intl. Business Machines Corp. USD0 Com 459200101 2,738 25,000 25,000 0 0 04 25,000 0 0
Intuit Incorporated Common USD0.01 Com 461202103 1,645 39,750 0 39,750 0 03 39,750 0 0
IPI Incorporated Common USD0.01 Com 449804103 767 236,000 236,000 0 0 04 236,000 0 0
Isolyser Company Inc. Common USD0. Com 464888106 334 100,000 100,000 0 0 04 100,000 0 0
Johnson & Johnson Common USD1.00 Com 478160104 1,000 10,150 10,150 0 0 01 10,150 0 0
Johnson & Johnson Common USD1.00 Com 478160104 160 1,571 1,571 0 0 04 1,571 0 0
Johnson & Johnson Common USD1.00 Com 478160104 4,372 42,900 42,900 0 0 04 42,900 0 0
---------
66,797
<PAGE>
Form 13F Information Table
Global Asset Management (USA) Inc.
Page 8 of 14
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>
Jumbosports Incorporated Common US Com 481386100 0 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
Keystone Automotive Ind. Inc. USD0 Com 49338N109 1,394 200,000 200,000 0 0 01 200,000 0 0
Keystone Automotive Ind. Inc. USD0 Com 49338N109 592 85,000 85,000 0 0 04 85,000 0 0
Korea Elec. Power Spon ADR Com 500631106 122 6,639 6,639 0 0 04 6,639 0 0
Liberty Digital Inc. Cls. A Com. U Com 530436104 450 15,000 15,000 0 0 01 15,000 0 0
Liberty Digital Inc. Cls. A Com. U Com 530436104 150 5,000 5,000 0 0 04 5,000 0 0
Linear Technology Corporation Comm Com 535678106 2,716 42,505 42,505 0 0 01 42,505 0 0
Linear Technology Corporation Comm Com 535678106 241 3,771 0 3,771 0 03 3,771 0 0
Linear Technology Corporation Comm Com 535678106 15,215 238,084 238,084 0 0 04 238,084 0 0
Linear Technology Corporation Comm Com 535678106 2,707 42,357 42,357 0 0 02 04 42,357 0 0
Lucent Technologies Inc. Common US Com 549463107 2,133 36,000 0 36,000 0 03 36,000 0 0
Lukoil Holding-Sponsored ADR Com 677862104 56 1,090 1,090 0 0 04 1,090 0 0
Magyar Tavkozlesi Rt Spon. ADR Rep Com 559776109 384 11,126 11,126 0 0 04 11,126 0 0
Marsh & McLennan Common USD1 Com 571748102 569 5,150 5,150 0 0 01 5,150 0 0
Marsh & McLennan Common USD1 Com 571748102 2,709 25,950 25,950 0 0 04 25,950 0 0
Matrix Pharmaceuticals Inc. Com. U Com 576844104 522 40,000 40,000 0 0 04 40,000 0 0
McDonald's Corporation Common NPV Com 580135101 463 14,750 14,750 0 0 01 14,750 0 0
McDonald's Corporation Common NPV Com 580135101 1,779 54,000 54,000 0 0 04 54,000 0 0
McGraw-Hill Inc. Cos. Common USD1. Com 580645109 501 8,750 8,750 0 0 01 8,750 0 0
McGraw-Hill Inc. Cos. Common USD1. Com 580645109 2,101 38,900 38,900 0 0 04 38,900 0 0
Medtronic Incorporated Common USD0 Com 585055106 1,439 28,887 28,887 0 0 01 28,887 0 0
Medtronic Incorporated Common USD0 Com 585055106 117 2,352 0 2,352 0 03 2,352 0 0
Medtronic Incorporated Common USD0 Com 585055106 7,412 148,792 148,792 0 0 04 148,792 0 0
Medtronic Incorporated Common USD0 Com 585055106 1,414 28,388 28,388 0 0 02 04 28,388 0 0
---------
45,187
<PAGE>
Form 13F Information Table
Global Asset Management (USA) Inc.
Page 9 of 14
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>
Merck & Company Incorporated Commo Com 589331107 1,112 15,000 15,000 0 0 01 15,000 0 0
Merck & Company Incorporated Commo Com 589331107 4,720 61,600 61,600 0 0 04 61,600 0 0
Merrill Lynch & Co. Common USD1.33 Com 590188108 1,116 9,700 9,700 0 0 04 9,700 0 0
Microchip Technology Inc. Com. USD Com 595017104 1,504 25,814 25,814 0 0 01 25,814 0 0
Microchip Technology Inc. Com. USD Com 595017104 116 1,996 0 1,996 0 03 1,996 0 0
Microchip Technology Inc. Com. USD Com 595017104 8,205 140,816 140,816 0 0 04 140,816 0 0
Microchip Technology Inc. Com. USD Com 595017104 1,522 26,117 26,117 0 0 02 04 26,117 0 0
Microsoft Corporation Com. USD0.00 Com 594918104 1,578 20,153 20,153 0 0 01 20,153 0 0
Microsoft Corporation Com. USD0.00 Com 594918104 49 608 0 608 0 03 608 0 0
Microsoft Corporation Com. USD0.00 Com 594918104 3,314 41,440 41,440 0 0 04 41,440 0 0
Microsoft Corporation Com. USD0.00 Com 594918104 3,359 42,000 42,000 0 0 04 42,000 0 0
Microsoft Corporation Com. USD0.00 Com 594918104 497 6,211 6,211 0 0 02 04 6,211 0 0
Mitek Systems Inc. Common USD0.001 Com 606710200 1,294 225,000 225,000 0 0 04 225,000 0 0
Morgan Keegan Incorporated Com. US Com 617410105 1,032 70,000 70,000 0 0 04 70,000 0 0
Nat. Australia Bk. 7.875% Pref. (U Pref 632525309 340 12,000 0 12,000 0 03 12,000 0 0
Nat. Australia Bk. 7.875% Pref. (U Pref 632525309 895 31,600 31,600 0 0 04 31,600 0 0
Neopharm Incorporated Common USD0. Com 640919106 1,245 66,400 66,400 0 0 01 66,400 0 0
Neopharm Incorporated Common USD0. Com 640919106 4,148 221,200 221,200 0 0 04 221,200 0 0
News Corp. ADR Rep. 4 Pref. Ltd. V Pref 652487802 76 1,700 1,700 0 0 01 1,700 0 0
News Corp. ADR Rep. 4 Pref. Ltd. V Pref 652487802 520 11,000 11,000 0 0 04 11,000 0 0
News Corp. Ltd. Cv. Pref. 5% (New Pref YY5015119 994 5,500 5,500 0 0 01 5,500 0 0
NICE Systems Ltd. Spons. ADR Rep. Com 653656108 209 2,705 2,705 0 0 04 2,705 0 0
Norfolk Southern Corp. Com. USD1.0 Com 655844108 143 9,100 9,100 0 0 01 9,100 0 0
Norfolk Southern Corp. Com. USD1.0 Com 655844108 849 57,100 57,100 0 0 04 57,100 0 0
NTL Incorporated Common USD0.01 Com 629407107 0 0 0 0 0 01 0 0 0
---------
38,835
<PAGE>
Form 13F Information Table
Global Asset Management (USA) Inc.
Page 10 of 14
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>
NTL Incorporated Common USD0.01 Com 629407107 7 116 116 0 0 04 116 0 0
Omnicom Group Incorporated Com. US Com 681919106 2,516 28,252 28,252 0 0 01 28,252 0 0
Omnicom Group Incorporated Com. US Com 681919106 224 2,515 0 2,515 0 03 2,515 0 0
Omnicom Group Incorporated Com. US Com 681919106 13,508 151,668 151,668 0 0 04 151,668 0 0
Omnicom Group Incorporated Com. US Com 681919106 2,646 29,712 29,712 0 0 02 04 29,712 0 0
OpTel Incorporated Com 683817100 0 500 0 500 0 01 500 0 0
Oracle Corporation Common USD0.01 Com 68389X105 228 2,718 2,718 0 0 04 2,718 0 0
ORS Automation Incorporated Common Com 671017101 0 20,000 0 20,000 0 03 20,000 0 0
OTP Bank Rt. Sponsored GDR Com X60746116 244 4,686 4,686 0 0 04 4,686 0 0
Oxigene Incorporated Common USD0.0 Com 691828107 497 50,000 50,000 0 0 04 50,000 0 0
Palm Harbor Homes Inc. Com. USD0.0 Com 696639103 139 9,765 9,765 0 0 01 9,765 0 0
Party City Corp. Common USD0.01 Com 702145103 20 7,500 7,500 0 0 01 7,500 0 0
Paychex Incorporated Common USD0.0 Com 704326107 1,860 44,281 44,281 0 0 01 44,281 0 0
Paychex Incorporated Common USD0.0 Com 704326107 148 3,534 0 3,534 0 03 3,534 0 0
Paychex Incorporated Common USD0.0 Com 704326107 10,013 238,405 238,405 0 0 04 238,405 0 0
Paychex Incorporated Common USD0.0 Com 704326107 1,910 45,488 45,488 0 0 02 04 45,488 0 0
PepsiCo Incorporated Common USD0.0 Com 713448108 681 15,900 15,900 0 0 01 15,900 0 0
PepsiCo Incorporated Common USD0.0 Com 713448108 2,942 66,200 66,200 0 0 04 66,200 0 0
Petroleo Brasileiro S.A.-ADR Com 71654V101 48 1,600 1,600 0 0 04 1,600 0 0
Pfizer Incorporated Common USD0.05 Com 717081103 4,452 94,476 94,476 0 0 01 94,476 0 0
Pfizer Incorporated Common USD0.05 Com 717081103 164 3,422 0 3,422 0 03 3,422 0 0
Pfizer Incorporated Common USD0.05 Com 717081103 10,840 225,988 225,988 0 0 04 225,988 0 0
Pfizer Incorporated Common USD0.05 Com 717081103 8,769 182,800 182,800 0 0 04 182,800 0 0
Pfizer Incorporated Common USD0.05 Com 717081103 2,055 42,836 42,836 0 0 02 04 42,836 0 0
Phelps Dodge Corporation Common US Com 717265102 3,405 91,650 91,650 0 0 04 91,650 0 0
---------
67,317
<PAGE>
Form 13F Information Table
Global Asset Management (USA) Inc.
Page 11 of 14
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>
Philip Morris Co. Common USD0.3333 Com 718154107 678 25,100 25,100 0 0 01 25,100 0 0
Philip Morris Co. Common USD0.3333 Com 718154107 2,276 85,800 85,800 0 0 04 85,800 0 0
Phoenix International Inc. Com. US Com 719078107 134 45,000 45,000 0 0 04 45,000 0 0
Point of Sale Limited Common ILS1. Com M7945W108 1,167 50,000 50,000 0 0 01 50,000 0 0
Point of Sale Limited Common ILS1. Com M7945W108 2,334 100,000 100,000 0 0 04 100,000 0 0
Polaroid Corporation Common USD1.0 Com 731095105 4,146 230,000 230,000 0 0 04 230,000 0 0
Policy Management Systems Corp. US Com 731108106 1,541 100,000 100,000 0 0 01 100,000 0 0
Policy Management Systems Corp. US Com 731108106 647 42,000 42,000 0 0 04 42,000 0 0
Power-One Incorporated Common USD0 Com 739308104 8,657 76,000 76,000 0 0 01 76,000 0 0
Power-One Incorporated Common USD0 Com 739308104 5,681 49,875 49,875 0 0 04 49,875 0 0
Procter & Gamble Common NPV Com 742718109 411 7,650 7,650 0 0 01 7,650 0 0
Procter & Gamble Common NPV Com 742718109 1,685 29,700 29,700 0 0 04 29,700 0 0
Professional Staff PLC Spons. ADR Com 74315R105 124 27,000 27,000 0 0 01 27,000 0 0
Professional Staff PLC Spons. ADR Com 74315R105 220 48,000 48,000 0 0 04 48,000 0 0
Progressive Corporation Common USD Com 743315103 695 9,400 0 9,400 0 03 9,400 0 0
QUALCOMM Incorporated Common USD0. Com 747525103 49 811 811 0 0 04 811 0 0
Raytheon Company Class B Common US Com 755111408 3,239 168,000 168,000 0 0 04 168,000 0 0
Reinsurance Group of Amer. Inc. US Com 759351109 1,366 45,334 0 45,334 0 03 45,334 0 0
Rite Aid Corporation Common USD1.0 Com 767754104 2,351 360,000 360,000 0 0 04 360,000 0 0
Rockwell Intl. Corp. Common USD1.0 Com 773903109 139 4,350 4,350 0 0 01 4,350 0 0
Rockwell Intl. Corp. Common USD1.0 Com 773903109 791 25,100 25,100 0 0 04 25,100 0 0
SBC Communications Inc. Common USD Com 78387G103 604 13,264 13,264 0 0 01 13,264 0 0
SBC Communications Inc. Common USD Com 78387G103 3,327 75,620 75,620 0 0 04 75,620 0 0
Sea Containers Class B Common USD0 Com 811371103 474 20,000 20,000 0 0 04 20,000 0 0
Sheldahl Incorporated Common USD0. Com 822440103 534 100,000 100,000 0 0 01 100,000 0 0
---------
43,272
<PAGE>
Form 13F Information Table
Global Asset Management (USA) Inc.
Page 12 of 14
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>
Siebel Systems Inc. Common USD0.00 Com 826170102 354 2,166 2,166 0 0 04 2,166 0 0
Sierra Health Services Common USD0 Com 826322109 25 7,800 7,800 0 0 01 7,800 0 0
Sierra Health Services Common USD0 Com 826322109 356 111,550 111,550 0 0 04 111,550 0 0
Sierra Home Services Common (ESCRO Com 826323107 0 30,000 30,000 0 0 04 30,000 0 0
SK Telecom Co. Ltd. ADR (Rep. 1/9 Com 78440P108 254 7,009 7,009 0 0 04 7,009 0 0
Sprint Corporation Common USD2.50 Com 852061100 2,548 50,000 50,000 0 0 01 50,000 0 0
Sprint Corporation Common USD2.50 Com 852061100 3,109 61,000 61,000 0 0 04 61,000 0 0
St. Joe Corporation Common NPV Com 790148100 1,220 40,800 0 40,800 0 03 40,800 0 0
Starbucks Corporation Common NPV Com 855244109 1,106 28,937 28,937 0 0 01 28,937 0 0
Starbucks Corporation Common NPV Com 855244109 77 2,018 0 2,018 0 03 2,018 0 0
Starbucks Corporation Common NPV Com 855244109 4,026 105,338 105,338 0 0 04 105,338 0 0
Starbucks Corporation Common NPV Com 855244109 841 22,016 22,016 0 0 02 04 22,016 0 0
State Street Corporation Common US Com 857477103 2,560 24,141 24,141 0 0 01 24,141 0 0
State Street Corporation Common US Com 857477103 205 1,930 0 1,930 0 03 1,930 0 0
State Street Corporation Common US Com 857477103 13,265 125,104 125,104 0 0 04 125,104 0 0
State Street Corporation Common US Com 857477103 2,462 23,217 23,217 0 0 02 04 23,217 0 0
Suntrust Banks Incorporated Com. U Com 867914103 471 9,750 9,750 0 0 01 9,750 0 0
Suntrust Banks Incorporated Com. U Com 867914103 1,572 34,400 34,400 0 0 04 34,400 0 0
Synalloy Corporation Common USD1.0 Com 871565107 232 33,750 33,750 0 0 04 33,750 0 0
TCI Satellite Entmnt. Com. USD0.01 Com 872298104 732 84,000 84,000 0 0 01 84,000 0 0
TCI Satellite Entmnt. Com. USD0.01 Com 872298104 140 16,000 16,000 0 0 04 16,000 0 0
Telefonos de Mexico SA - Spon. ADR Com 879403780 362 6,332 6,332 0 0 04 6,332 0 0
Teva Pharmaceuticals ADR For 10 Or Com 881624209 209 3,761 3,761 0 0 04 3,761 0 0
Texaco Incorporated Common USD3.12 Com 881694103 673 12,647 12,647 0 0 01 12,647 0 0
Texaco Incorporated Common USD3.12 Com 881694103 47 875 0 875 0 03 875 0 0
---------
36,845
<PAGE>
Form 13F Information Table
Global Asset Management (USA) Inc.
Page 13 of 14
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>
Texaco Incorporated Common USD3.12 Com 881694103 799 15,000 0 15,000 0 03 15,000 0 0
Texaco Incorporated Common USD3.12 Com 881694103 3,266 61,341 61,341 0 0 04 61,341 0 0
Texaco Incorporated Common USD3.12 Com 881694103 603 11,324 11,324 0 0 02 04 11,324 0 0
Titan Corporation Common USD0.01 Com 888266103 1,181 26,400 26,400 0 0 01 26,400 0 0
Titan Corporation Common USD0.01 Com 888266103 3,978 88,900 88,900 0 0 04 88,900 0 0
Ultrak Incorporated Common NPV Com 903898401 419 50,000 50,000 0 0 04 50,000 0 0
United Auto Group Inc. Common USD0 Com 909440109 1,812 200,000 200,000 0 0 01 200,000 0 0
United Auto Group Inc. Common USD0 Com 909440109 2,039 225,000 225,000 0 0 04 225,000 0 0
USA Truck Incorporated Common USD0 Com 902925106 600 100,000 100,000 0 0 01 100,000 0 0
USA Truck Incorporated Common USD0 Com 902925106 636 106,000 106,000 0 0 04 106,000 0 0
VeriSign Incorporated Common USD0. Com 92343E102 137 779 779 0 0 04 779 0 0
Verizon Communications Common USD0 Com 92343V104 209 4,050 4,050 0 0 01 4,050 0 0
Viacom Inc. Cls. B Non-Vtg. Com. U Com 925524308 604 8,950 8,950 0 0 01 0 0 8,950
Viad Corporation Common USD1.50 Com 92552R109 2,783 102,000 102,000 0 0 04 102,000 0 0
Vitesse Semiconductor Corp. Com. U Com 928497106 193 2,622 2,622 0 0 04 2,622 0 0
Waddell & Reed Finl. Inc. Cls. B U Com 930059209 449 15,450 0 15,450 0 03 15,450 0 0
Walgreen Company Common USD0.625 Com 931422109 1,427 45,668 45,668 0 0 01 45,668 0 0
Walgreen Company Common USD0.625 Com 931422109 23 728 0 728 0 03 728 0 0
Walgreen Company Common USD0.625 Com 931422109 2,555 79,366 79,366 0 0 04 79,366 0 0
Walgreen Company Common USD0.625 Com 931422109 2,948 91,600 91,600 0 0 04 91,600 0 0
Walgreen Company Common USD0.625 Com 931422109 312 9,702 9,702 0 0 02 04 9,702 0 0
Wal-Mart Stores Common USD0.10 Com 931142103 2,381 42,033 42,033 0 0 01 42,033 0 0
Wal-Mart Stores Common USD0.10 Com 931142103 129 2,245 0 2,245 0 03 2,245 0 0
Wal-Mart Stores Common USD0.10 Com 931142103 9,292 161,154 161,154 0 0 04 161,154 0 0
Wal-Mart Stores Common USD0.10 Com 931142103 2,825 49,000 49,000 0 0 04 49,000 0 0
---------
41,602
<PAGE>
Form 13F Information Table
Global Asset Management (USA) Inc.
Page 14 of 14
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>
Wal-Mart Stores Common USD0.10 Com 931142103 1,685 29,227 29,227 0 0 02 04 29,227 0 0
Xerox Corporation Common USD1.00 Com 984121103 2,749 132,500 132,500 0 0 04 132,500 0 0
XL Capital Limited Class A USD0.01 Com G98255105 2,708 50,000 50,000 0 0 01 50,000 0 0
XL Capital Limited Class A USD0.01 Com G98255105 217 4,000 4,000 0 0 04 4,000 0 0
Yellow Corporation Common USD1.00 Com 985509108 5,146 349,700 349,700 0 0 04 349,700 0 0
Zagrebacka Banka GDR (Rep. 1 Ord.: Com 988849204 1,820 100,000 0 100,000 0 03 100,000 0 0
---------
14,325
=========
625,899
</TABLE>
