UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: 09/30/00
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 10/17/00
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: 328
Form 13F Information Table Value Total: $591,807
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
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<CAPTION>
Form 13F Information Table
Global Asset Management (USA) Inc.
Page 1 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>
Abbott Laboratories Common NPV Com 002824100 1,142 24,000 24,000 0 0 01 24,000 0 0
Abbott Laboratories Common NPV Com 002824100 2,316 48,700 48,700 0 0 04 48,700 0 0
Adv. Semiconductor Eng. Inc. - GDR Com Y00153117 528 77,375 77,375 0 0 02 01 77,375 0 0
Alberto-Culver Co. Cls. A Cv. USD0 Com 013068200 2,771 110,000 110,000 0 0 04 110,000 0 0
Amcor Ltd. 7.25% Perp. Red. Inc. P Pref 02341R401 956 27,700 0 27,700 0 03 27,700 0 0
Amcor Ltd. 7.25% Perp. Red. Inc. P Pref 02341R401 780 22,600 22,600 0 0 04 22,600 0 0
Amdocs Limited Common USD0.01 Com G02602103 93 1,500 1,500 0 0 04 1,500 0 0
American Express Company Common US Com 025816109 978 16,100 16,100 0 0 01 16,100 0 0
American Express Company Common US Com 025816109 2,316 38,100 38,100 0 0 04 38,100 0 0
American General Corp. Common USD0 Com 026351106 4,836 62,000 62,000 0 0 01 62,000 0 0
American General Corp. Common USD0 Com 026351106 367 4,700 4,700 0 0 04 4,700 0 0
American General Corp. Common USD0 Com 026351106 3,550 45,508 45,508 0 0 04 45,508 0 0
American Home Products Common USD0 Com 026609107 3,077 54,400 54,400 0 0 01 54,400 0 0
American Home Products Common USD0 Com 026609107 2,155 38,100 38,100 0 0 04 38,100 0 0
American International Grp. Com. U Com 026874107 2,751 28,750 28,750 0 0 01 28,750 0 0
American International Grp. Com. U Com 026874107 241 2,517 0 2,517 0 03 2,517 0 0
American International Grp. Com. U Com 026874107 910 9,505 9,505 0 0 04 02 9,505 0 0
American International Grp. Com. U Com 026874107 3,666 38,312 38,312 0 0 04 38,312 0 0
Amgen Incorporated Common USD0.000 Com 031162100 1,043 14,930 14,930 0 0 01 14,930 0 0
Amgen Incorporated Common USD0.000 Com 031162100 86 1,231 0 1,231 0 03 1,231 0 0
Amgen Incorporated Common USD0.000 Com 031162100 336 4,817 4,817 0 0 04 02 4,817 0 0
Amgen Incorporated Common USD0.000 Com 031162100 1,333 19,084 19,084 0 0 04 19,084 0 0
AT&T Corporation Common USD1.00 Com 001957109 990 33,750 0 33,750 0 03 33,750 0 0
Automatic Data Processing Inc. USD Com 053015103 4,482 67,028 67,028 0 0 01 67,028 0 0
Automatic Data Processing Inc. USD Com 053015103 373 5,576 0 5,576 0 03 5,576 0 0
---------
42,075
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CAPTION>
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 1,471 21,989 21,989 0 0 04 02 21,989 0 0
Automatic Data Processing Inc. USD Com 053015103 5,941 88,887 88,887 0 0 04 88,887 0 0
Bank of America Corp. Common USD0. Com 060505104 2,933 56,000 56,000 0 0 01 56,000 0 0
Bank of America Corp. Common USD0. Com 060505104 2,446 46,700 0 46,700 0 03 46,700 0 0
Bank of America Corp. Common USD0. Com 060505104 2,985 57,000 57,000 0 0 04 57,000 0 0
Barrett Resources Corp. Common USD Com 068480201 6,050 160,000 160,000 0 0 01 160,000 0 0
Barrett Resources Corp. Common USD Com 068480201 454 12,000 12,000 0 0 04 12,000 0 0
Bear Stearns Companies Inc. Com. U Com 073902108 4,036 64,000 64,000 0 0 01 64,000 0 0
Bear Stearns Companies Inc. Com. U Com 073902108 2,462 39,000 39,000 0 0 04 39,000 0 0
BellSouth Corporation Common USD1. Com 079860102 1,071 26,600 26,600 0 0 01 26,600 0 0
BellSouth Corporation Common USD1. Com 079860102 2,924 72,600 72,600 0 0 04 72,600 0 0
Best Buy Company Inc. Common USD0. Com 086516101 3,054 48,000 48,000 0 0 01 48,000 0 0
Best Buy Company Inc. Common USD0. Com 086516101 2,227 35,000 35,000 0 0 04 35,000 0 0
Bethlehem Steel Corp. Common USD1. Com 087509105 905 305,000 305,000 0 0 04 305,000 0 0
BP Amoco ADR (Cnv. 6 Ord.) ADR 055622104 570 10,750 10,750 0 0 01 10,750 0 0
BP Amoco ADR (Cnv. 6 Ord.) ADR 055622104 2,767 52,200 52,200 0 0 04 52,200 0 0
Bristol-Myers Squibb Co. Common US Com 110122108 1,069 18,700 18,700 0 0 01 18,700 0 0
Bristol-Myers Squibb Co. Common US Com 110122108 2,143 37,500 37,500 0 0 04 37,500 0 0
Burlington Resources Inc. Common U Com 122014103 1,472 40,000 40,000 0 0 01 40,000 0 0
Burlington Resources Inc. Common U Com 122014103 589 16,000 16,000 0 0 04 16,000 0 0
Centrais Elec. ADR Rep. 500 Pref. Com 12534Q108 43 4,300 4,300 0 0 04 4,300 0 0
Chase Manhattan Corporation Com. U Com 16161A108 1,157 25,050 25,050 0 0 01 25,050 0 0
Chase Manhattan Corporation Com. U Com 16161A108 1,981 42,900 42,900 0 0 04 42,900 0 0
Check Point Software Tech. Ltd. IL Com M22465104 578 3,667 3,667 0 0 04 3,667 0 0
Chevron Corp. Common USD1.50 Com 166751107 1,503 17,628 17,628 0 0 01 17,628 0 0
---------
52,830
<PAGE>
<CAPTION>
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>
Chevron Corp. Common USD1.50 Com 166751107 2,830 33,200 33,200 0 0 04 33,200 0 0
Chevron Corp. Common USD1.50 Com 166751107 90 1,056 0 1,056 0 03 1,056 0 0
Chevron Corp. Common USD1.50 Com 166751107 342 4,011 4,011 0 0 04 02 4,011 0 0
Chevron Corp. Common USD1.50 Com 166751107 1,357 15,927 15,927 0 0 04 15,927 0 0
China Mobile HK Ltd ADR Com 16941M109 299 9,208 9,208 0 0 04 9,208 0 0
Christopher & Banks Corp. Common U Com 171046105 1,751 45,000 45,000 0 0 04 45,000 0 0
Chubb Corporation Common USD1.00 Com 171232101 5,539 70,000 70,000 0 0 01 70,000 0 0
Chubb Corporation Common USD1.00 Com 171232101 4,114 52,000 52,000 0 0 04 52,000 0 0
Cisco Systems Incorporated Common Com 17275R102 1,989 36,000 36,000 0 0 01 36,000 0 0
Cisco Systems Incorporated Common Com 17275R102 4,525 81,900 81,900 0 0 04 81,900 0 0
Cisco Systems Incorporated Common Com 17275R102 99 1,792 1,792 0 0 04 1,792 0 0
Citigroup Incorporated Common USD0 Com 172967101 1,994 36,866 36,866 0 0 01 36,866 0 0
Citigroup Incorporated Common USD0 Com 172967101 4,183 77,333 77,333 0 0 04 77,333 0 0
Citigroup Incorporated Common USD0 Com 172967101 112 2,077 2,077 0 0 04 2,077 0 0
Clear Channel Comms. Inc. Common U Com 184502102 761 13,462 13,462 0 0 01 13,462 0 0
Clear Channel Comms. Inc. Common U Com 184502102 67 1,182 0 1,182 0 03 1,182 0 0
Clear Channel Comms. Inc. Common U Com 184502102 250 4,416 4,416 0 0 04 02 4,416 0 0
Clear Channel Comms. Inc. Common U Com 184502102 1,033 18,299 18,299 0 0 04 18,299 0 0
Clintrials Research Inc. Common US Com 188767107 49 9,000 9,000 0 0 01 9,000 0 0
Clintrials Research Inc. Common US Com 188767107 163 30,000 30,000 0 0 04 30,000 0 0
Coca-Cola Company Common USD0.25 Com 191216100 2,448 44,400 44,400 0 0 01 44,400 0 0
Coca-Cola Company Common USD0.25 Com 191216100 4,749 86,100 86,100 0 0 04 86,100 0 0
Colgate-Palmolive Company Common U Com 194162103 4,404 93,292 93,292 0 0 01 93,292 0 0
Colgate-Palmolive Company Common U Com 194162103 1,728 36,600 36,600 0 0 04 36,600 0 0
Colgate-Palmolive Company Common U Com 194162103 322 6,811 0 6,811 0 03 6,811 0 0
---------
45,196
<PAGE>
<CAPTION>
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 1,226 25,979 25,979 0 0 04 02 25,979 0 0
Colgate-Palmolive Company Common U Com 194162103 5,030 106,556 106,556 0 0 04 106,556 0 0
Comp. Paranaense de Ener.-Copel AD Com 20441B407 37 4,100 4,100 0 0 04 4,100 0 0
Computer Associates Intl. Com. USD Com 204912109 1,423 56,340 56,340 0 0 01 56,340 0 0
Computer Associates Intl. Com. USD Com 204912109 902 35,617 35,617 0 0 04 35,617 0 0
Comverse Technology Inc. Common US Com 205862402 459 4,251 4,251 0 0 04 4,251 0 0
Consolidated Tomoka Land Common US Com 210226106 75 6,000 6,000 0 0 04 6,000 0 0
De Beers Cons. Mines ADR Cv. Linke Com 240253302 774 32,500 0 32,500 0 03 32,500 0 0
Delta & Pine Land Inc. Common USD0 Com 247357106 5,396 210,000 210,000 0 0 01 210,000 0 0
Delta & Pine Land Inc. Common USD0 Com 247357106 1,362 53,000 53,000 0 0 04 53,000 0 0
Dial Corporation Common USD1.50 Com 25247D101 580 50,000 50,000 0 0 04 50,000 0 0
Du Pont (E.I) De Nemours Common US Com 263534109 1,226 30,000 30,000 0 0 04 30,000 0 0
Eastman Kodak Company Common USD2. Com 277461109 1,554 38,000 38,000 0 0 04 38,000 0 0
ECCS Incorporated Common USD0.01 Com 26825H100 284 100,000 100,000 0 0 04 100,000 0 0
Elcom International Inc. Com. USD0 Com 284434107 436 98,500 98,500 0 0 04 98,500 0 0
EMC Corporation (Mass) Common USD0 Com 268648102 297 3,000 3,000 0 0 01 3,000 0 0
EMC Corporation (Mass) Common USD0 Com 268648102 1,983 20,000 20,000 0 0 04 20,000 0 0
EMC Corporation (Mass) Common USD0 Com 268648102 80 811 811 0 0 04 811 0 0
Emerson Electric Common USD1.00 Com 291011104 1,830 27,300 27,300 0 0 04 27,300 0 0
ESG Re Limited Common USD1.00 Com G31215109 507 170,000 170,000 0 0 01 170,000 0 0
ESG Re Limited Common USD1.00 Com G31215109 45 15,000 15,000 0 0 04 15,000 0 0
Estee Lauder Co. Class A Common US Com 518439104 81 2,200 2,200 0 0 01 2,200 0 0
Estee Lauder Co. Class A Common US Com 518439104 274 7,500 7,500 0 0 04 7,500 0 0
Exxon Mobil Corporation NPV Com 30231G102 4,341 48,698 48,698 0 0 01 48,698 0 0
Exxon Mobil Corporation NPV Com 30231G102 6,249 70,086 70,086 0 0 04 70,086 0 0
---------
36,451
<PAGE>
<CAPTION>
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 238 2,665 0 2,665 0 03 2,665 0 0
Exxon Mobil Corporation NPV Com 30231G102 902 10,116 10,116 0 0 04 02 10,116 0 0
Exxon Mobil Corporation NPV Com 30231G102 3,591 40,282 40,282 0 0 04 40,282 0 0
Fairfield Communities Inc. Com. US Com 304231301 1,620 160,000 160,000 0 0 01 160,000 0 0
Fairfield Communities Inc. Com. US Com 304231301 688 68,000 68,000 0 0 04 68,000 0 0
Fannie Mae Common NPV Com 313586109 1,394 19,500 19,500 0 0 01 19,500 0 0
Fannie Mae Common NPV Com 313586109 3,275 45,800 45,800 0 0 04 45,800 0 0
Fiserv Incorporated Common USD0.01 Com 337738108 3,147 52,542 52,542 0 0 01 52,542 0 0
Fiserv Incorporated Common USD0.01 Com 337738108 283 4,727 0 4,727 0 03 4,727 0 0
Fiserv Incorporated Common USD0.01 Com 337738108 1,033 17,237 17,237 0 0 04 02 17,237 0 0
Fiserv Incorporated Common USD0.01 Com 337738108 4,046 67,561 67,561 0 0 04 67,561 0 0
Foamex International Inc. Com. USD Com 344123104 2,488 400,000 400,000 0 0 01 400,000 0 0
Foamex International Inc. Com. USD Com 344123104 3,793 613,000 613,000 0 0 04 613,000 0 0
Fortune Brands Inc. Common USD3.12 Com 349631101 5,300 200,000 200,000 0 0 01 200,000 0 0
Fortune Brands Inc. Common USD3.12 Com 349631101 1,325 50,000 50,000 0 0 04 50,000 0 0
Fox Entertainment Group - Cls. A U Com 35138T107 530 20,000 20,000 0 0 01 20,000 0 0
Fox Entertainment Group - Cls. A U Com 35138T107 1,553 58,600 58,600 0 0 04 58,600 0 0
Freddie Mac Common USD0.21 Com 313400301 5,231 96,722 96,722 0 0 01 96,722 0 0
Freddie Mac Common USD0.21 Com 313400301 454 8,389 0 8,389 0 03 8,389 0 0
Freddie Mac Common USD0.21 Com 313400301 1,718 31,756 31,756 0 0 04 02 31,756 0 0
Freddie Mac Common USD0.21 Com 313400301 6,965 128,810 128,810 0 0 04 128,810 0 0
Fred's Incorporated Class A Common Com 356108100 4,232 188,500 188,500 0 0 01 188,500 0 0
Fremont General Corp. Common USD1. Com 357288109 337 99,000 99,000 0 0 04 99,000 0 0
Gedeon Richter Rt. GDR Reg. S HUF1 Com 368467205 48 913 913 0 0 04 913 0 0
General Electric Co. Amer. Com. US Com 369604103 4,872 84,440 84,440 0 0 01 84,440 0 0
---------
59,061
<PAGE>
<CAPTION>
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>
General Electric Co. Amer. Com. US Com 369604103 7,400 128,200 128,200 0 0 04 128,200 0 0
General Electric Co. Amer. Com. US Com 369604103 158 2,744 0 2,744 0 03 2,744 0 0
General Electric Co. Amer. Com. US Com 369604103 607 10,519 10,519 0 0 04 02 10,519 0 0
General Electric Co. Amer. Com. US Com 369604103 2,436 42,215 42,215 0 0 04 42,215 0 0
Gerber Scientific Common USD1.00 Com 373730100 690 80,000 80,000 0 0 01 80,000 0 0
Gerber Scientific Common USD1.00 Com 373730100 388 45,000 45,000 0 0 04 45,000 0 0
Gilat Satellite Netwk. Ltd. Ord. I Com M51474100 221 2,880 2,880 0 0 04 2,880 0 0
Gillette Company Common USD1.00 Com 375766102 831 26,900 26,900 0 0 01 26,900 0 0
Gillette Company Common USD1.00 Com 375766102 2,013 65,200 65,200 0 0 04 65,200 0 0
Grupo Tele. GDR (Rep. 2 Ord. Ptg. Com 40049J206 209 3,613 3,613 0 0 04 3,613 0 0
Hecla Mining Company Common USD0.2 Com 422704106 375 500,000 500,000 0 0 04 500,000 0 0
Hewlett Packard Corp. Common USD1. Com 428236103 1,203 12,400 12,400 0 0 01 12,400 0 0
Hewlett Packard Corp. Common USD1. Com 428236103 3,201 33,000 33,000 0 0 04 33,000 0 0
Home Depot Incorporated Common USD Com 437076102 2,206 41,580 41,580 0 0 01 41,580 0 0
Home Depot Incorporated Common USD Com 437076102 195 3,671 0 3,671 0 03 3,671 0 0
Home Depot Incorporated Common USD Com 437076102 724 13,641 13,641 0 0 04 02 13,641 0 0
Home Depot Incorporated Common USD Com 437076102 2,948 55,605 55,605 0 0 04 55,605 0 0
Honeywell Intl Inc Com USD1 Com 438516106 631 17,700 17,700 0 0 01 17,700 0 0
Honeywell Intl Inc Com USD1 Com 438516106 1,822 51,100 51,100 0 0 04 51,100 0 0
Hong Kong Land Hdgs. Ltd. Common U Com G4587L109 2,296 1,246,000 1,246,000 0 0 01 1,246,000 0 0
Hong Kong Land Hdgs. Ltd. Common U Com G4587L109 16,229 8,796,000 8,796,000 0 0 02 01 8,796,000 0 0
Hong Kong Land Hdgs. Ltd. Common U Com G4587L109 6,688 3,625,000 3,625,000 0 0 04 02 3,625,000 0 0
Hong Kong Land Hdgs. Ltd. Common U Com G4587L109 893 484,000 484,000 0 0 04 484,000 0 0
ICU Medical Incorporated Common US Com 44930G107 1,560 60,000 60,000 0 0 04 60,000 0 0
IMS Health Incorporated Common USD Com 449934108 1,078 51,904 51,904 0 0 01 51,904 0 0
---------
57,000
<PAGE>
<CAPTION>
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>
IMS Health Incorporated Common USD Com 449934108 92 4,418 0 4,418 0 03 4,418 0 0
IMS Health Incorporated Common USD Com 449934108 354 17,042 17,042 0 0 04 02 17,042 0 0
IMS Health Incorporated Common USD Com 449934108 1,467 70,677 70,677 0 0 04 70,677 0 0
Intel Corporation Common USD0.001 Com 458140100 3,934 94,682 94,682 0 0 01 94,682 0 0
Intel Corporation Common USD0.001 Com 458140100 7,127 171,600 171,600 0 0 04 171,600 0 0
Intel Corporation Common USD0.001 Com 458140100 122 2,935 0 2,935 0 03 2,935 0 0
Intel Corporation Common USD0.001 Com 458140100 440 10,602 10,602 0 0 04 02 10,602 0 0
Intel Corporation Common USD0.001 Com 458140100 1,900 45,772 45,772 0 0 04 45,772 0 0
International Paper Company Com. U Com 460146103 1,598 55,750 55,750 0 0 04 55,750 0 0
Intimate Brands Inc. Common USD0.0 Com 461156101 629 33,600 33,600 0 0 01 33,600 0 0
Intl. Business Machines Corp. USD0 Com 459200101 1,204 10,700 10,700 0 0 01 10,700 0 0
Intl. Business Machines Corp. USD0 Com 459200101 3,379 30,000 30,000 0 0 04 30,000 0 0
Intuit Incorporated Common USD0.01 Com 461202103 1,611 28,250 0 28,250 0 03 28,250 0 0
IPI Incorporated Common USD0.01 Com 449804103 605 236,000 236,000 0 0 04 236,000 0 0
Isolyser Company Inc. Common USD0. Com 464888106 206 100,000 100,000 0 0 04 100,000 0 0
Johnson & Johnson Common USD1.00 Com 478160104 1,691 18,000 18,000 0 0 01 18,000 0 0
Johnson & Johnson Common USD1.00 Com 478160104 4,227 45,000 45,000 0 0 04 45,000 0 0
Johnson & Johnson Common USD1.00 Com 478160104 83 887 887 0 0 04 887 0 0
Jumbosports Incorporated Common US Com 481386100 0 25,000 25,000 0 0 01 25,000 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 1,931 400,000 400,000 0 0 01 400,000 0 0
Keystone Automotive Ind. Inc. USD0 Com 49338N109 412 85,000 85,000 0 0 04 85,000 0 0
Korea Elec. Power Spon ADR Com 500631106 87 6,639 6,639 0 0 04 6,639 0 0
Liberty Digital Inc. Cls. A Com. U Com 530436104 608 30,000 30,000 0 0 01 30,000 0 0
Liberty Digital Inc. Cls. A Com. U Com 530436104 101 5,000 5,000 0 0 04 5,000 0 0
---------
33,809
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<CAPTION>
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>
Liberty Satelite & Tech. Inc Com U Com 531182103 1,785 168,000 168,000 0 0 01 168,000 0 0
Liberty Satelite & Tech. Inc Com U Com 531182103 170 16,000 16,000 0 0 04 16,000 0 0
Linear Technology Corporation Comm Com 535678106 4,715 72,808 72,808 0 0 01 72,808 0 0
Linear Technology Corporation Comm Com 535678106 395 6,090 0 6,090 0 03 6,090 0 0
Linear Technology Corporation Comm Com 535678106 1,532 23,655 23,655 0 0 04 02 23,655 0 0
Linear Technology Corporation Comm Com 535678106 6,280 96,975 96,975 0 0 04 96,975 0 0
Louisiana-Pacific Corp. Common USD Com 546347105 257 28,000 28,000 0 0 04 28,000 0 0
Lucent Technologies Inc. Common US Com 549463107 1,100 36,000 0 36,000 0 03 36,000 0 0
Lukoil Holding-Sponsored ADR Com 677862104 66 1,140 1,140 0 0 04 1,140 0 0
Magyar Tavkozlesi Rt Spon. ADR Rep Com 559776109 170 7,224 7,224 0 0 04 7,224 0 0
Marsh & McLennan Common USD1 Com 571748102 1,367 10,300 10,300 0 0 01 10,300 0 0
Marsh & McLennan Common USD1 Com 571748102 3,445 25,950 25,950 0 0 04 25,950 0 0
Matrix Pharmaceuticals Inc. Com. U Com 576844104 621 40,000 40,000 0 0 04 40,000 0 0
McDonald's Corporation Common NPV Com 580135101 891 29,500 29,500 0 0 01 29,500 0 0
McDonald's Corporation Common NPV Com 580135101 1,811 60,000 60,000 0 0 04 60,000 0 0
McGraw-Hill Inc. Cos. Common USD1. Com 580645109 1,112 17,500 17,500 0 0 01 17,500 0 0
McGraw-Hill Inc. Cos. Common USD1. Com 580645109 2,473 38,900 38,900 0 0 04 38,900 0 0
Medtronic Incorporated Common USD0 Com 585055106 2,398 46,262 46,262 0 0 01 46,262 0 0
Medtronic Incorporated Common USD0 Com 585055106 213 4,110 0 4,110 0 03 4,110 0 0
Medtronic Incorporated Common USD0 Com 585055106 784 15,115 15,115 0 0 04 02 15,115 0 0
Medtronic Incorporated Common USD0 Com 585055106 3,215 62,038 62,038 0 0 04 62,038 0 0
Merck & Company Incorporated Commo Com 589331107 2,233 30,000 30,000 0 0 01 30,000 0 0
Merck & Company Incorporated Commo Com 589331107 4,585 61,600 61,600 0 0 04 61,600 0 0
Merrill Lynch & Co. Common USD1.33 Com 590188108 1,280 19,400 19,400 0 0 04 19,400 0 0
Microchip Technology Inc. Com. USD Com 595017104 2,202 66,636 66,636 0 0 01 66,636 0 0
---------
45,101
<PAGE>
<CAPTION>
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>
Microchip Technology Inc. Com. USD Com 595017104 207 6,259 0 6,259 0 03 6,259 0 0
Microchip Technology Inc. Com. USD Com 595017104 729 22,081 22,081 0 0 04 02 22,081 0 0
Microchip Technology Inc. Com. USD Com 595017104 2,270 68,760 68,760 0 0 04 68,760 0 0
Microsoft Corporation Com. USD0.00 Com 594918104 1,453 24,100 24,100 0 0 01 24,100 0 0
Microsoft Corporation Com. USD0.00 Com 594918104 3,136 52,000 52,000 0 0 04 52,000 0 0
Microsoft Corporation Com. USD0.00 Com 594918104 41 673 673 0 0 04 673 0 0
Mitek Systems Inc. Common USD0.001 Com 606710200 942 225,000 225,000 0 0 04 225,000 0 0
Morgan Keegan Incorporated Com. US Com 617410105 1,227 70,000 70,000 0 0 04 70,000 0 0
Mynd Corporation Common USD0.01 Com 628551103 2,697 200,000 200,000 0 0 01 200,000 0 0
Mynd Corporation Common USD0.01 Com 628551103 566 42,000 42,000 0 0 04 42,000 0 0
Nat. Australia Bk. 7.875% Pref. (U Pref 632525309 253 10,000 0 10,000 0 03 10,000 0 0
Nat. Australia Bk. 7.875% Pref. (U Pref 632525309 800 31,600 31,600 0 0 04 31,600 0 0
Neopharm Incorporated Common USD0. Com 640919106 5,262 132,800 132,800 0 0 01 132,800 0 0
Neopharm Incorporated Common USD0. Com 640919106 7,282 183,200 183,200 0 0 04 183,200 0 0
News Corp. ADR Rep. 4 Pref. Ltd. V Pref 652487802 159 3,400 3,400 0 0 01 3,400 0 0
News Corp. ADR Rep. 4 Pref. Ltd. V Pref 652487802 516 11,000 11,000 0 0 04 11,000 0 0
News Corp. Ltd. Cv. Pref. 5% (New Pref YY5015119 781 5,500 5,500 0 0 01 5,500 0 0
NICE Systems Ltd. Spons. ADR Rep. Com 653656108 195 2,705 2,705 0 0 04 2,705 0 0
Norfolk Southern Corp. Com. USD1.0 Com 655844108 266 18,200 18,200 0 0 01 18,200 0 0
Norfolk Southern Corp. Com. USD1.0 Com 655844108 833 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
Omnicom Group Incorporated Com. US Com 681919106 3,782 51,852 51,852 0 0 01 51,852 0 0
Omnicom Group Incorporated Com. US Com 681919106 340 4,661 0 4,661 0 03 4,661 0 0
Omnicom Group Incorporated Com. US Com 681919106 1,232 16,886 16,886 0 0 04 02 16,886 0 0
Omnicom Group Incorporated Com. US Com 681919106 4,942 67,796 67,796 0 0 04 67,796 0 0
---------
39,911
<PAGE>
<CAPTION>
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>
OpTel Incorporated Com 683817100 0 500 0 500 0 01 500 0 0
Oracle Corporation Common USD0.01 Com 68389X105 80 1,012 1,012 0 0 04 1,012 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 241 4,686 4,686 0 0 04 4,686 0 0
Oxigene Incorporated Common USD0.0 Com 691828107 506 50,000 50,000 0 0 04 50,000 0 0
Palm Harbor Homes Inc. Com. USD0.0 Com 696639103 269 19,530 19,530 0 0 01 19,530 0 0
Party City Corp. Common USD0.01 Com 702145103 60 15,000 15,000 0 0 01 15,000 0 0
Paychex Incorporated Common USD0.0 Com 704326107 3,867 73,664 73,664 0 0 01 73,664 0 0
Paychex Incorporated Common USD0.0 Com 704326107 316 6,014 0 6,014 0 03 6,014 0 0
Paychex Incorporated Common USD0.0 Com 704326107 1,283 24,444 24,444 0 0 04 02 24,444 0 0
Paychex Incorporated Common USD0.0 Com 704326107 5,016 95,551 95,551 0 0 04 95,551 0 0
PepsiCo Incorporated Common USD0.0 Com 713448108 1,463 31,800 31,800 0 0 01 31,800 0 0
PepsiCo Incorporated Common USD0.0 Com 713448108 3,045 66,200 66,200 0 0 04 66,200 0 0
Petroleo Brasileiro S.A.-ADR Com 71654V101 46 1,600 1,600 0 0 04 1,600 0 0
Pfizer Incorporated Common USD0.05 Com 717081103 7,764 172,722 172,722 0 0 01 172,722 0 0
Pfizer Incorporated Common USD0.05 Com 717081103 8,220 182,800 182,800 0 0 04 182,800 0 0
Pfizer Incorporated Common USD0.05 Com 717081103 315 7,015 0 7,015 0 03 7,015 0 0
Pfizer Incorporated Common USD0.05 Com 717081103 1,170 26,025 26,025 0 0 04 02 26,025 0 0
Pfizer Incorporated Common USD0.05 Com 717081103 4,857 108,060 108,060 0 0 04 108,060 0 0
Phelps Dodge Corporation Common US Com 717265102 3,202 76,650 76,650 0 0 04 76,650 0 0
Philip Morris Co. Common USD0.3333 Com 718154107 1,479 50,200 50,200 0 0 01 50,200 0 0
Philip Morris Co. Common USD0.3333 Com 718154107 3,118 105,800 105,800 0 0 04 105,800 0 0
Phoenix International Inc. Com. US Com 719078107 139 45,000 45,000 0 0 04 45,000 0 0
Point of Sale Limited Common ILS1. Com M7945W108 2,495 100,000 100,000 0 0 01 100,000 0 0
Point of Sale Limited Common ILS1. Com M7945W108 2,503 100,000 100,000 0 0 04 100,000 0 0
---------
51,455
<PAGE>
<CAPTION>
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>
Polaroid Corporation Common USD1.0 Com 731095105 1,569 116,500 116,500 0 0 04 116,500 0 0
Power-One Incorporated Common USD0 Com 739308104 18,399 304,000 304,000 0 0 01 304,000 0 0
Power-One Incorporated Common USD0 Com 739308104 4,646 76,750 76,750 0 0 04 76,750 0 0
Procter & Gamble Common NPV Com 742718109 1,025 15,300 15,300 0 0 01 15,300 0 0
Procter & Gamble Common NPV Com 742718109 1,991 29,700 29,700 0 0 04 29,700 0 0
Professional Staff PLC Spons. ADR Com 74315R105 292 54,000 54,000 0 0 01 54,000 0 0
Professional Staff PLC Spons. ADR Com 74315R105 261 48,000 48,000 0 0 04 48,000 0 0
Progressive Corporation Common USD Com 743315103 769 9,400 0 9,400 0 03 9,400 0 0
QUALCOMM Incorporated Common USD0. Com 747525103 33 458 458 0 0 04 458 0 0
Reinsurance Group of Amer. Inc. US Com 759351109 1,553 45,334 0 45,334 0 03 45,334 0 0
Rite Aid Corporation Common USD1.0 Com 767754104 1,981 500,000 500,000 0 0 04 500,000 0 0
Rockwell Intl. Corp. Common USD1.0 Com 773903109 263 8,700 8,700 0 0 01 8,700 0 0
Rockwell Intl. Corp. Common USD1.0 Com 773903109 760 25,100 25,100 0 0 04 25,100 0 0
SBC Communications Inc. Common USD Com 78387G103 1,327 26,528 26,528 0 0 01 26,528 0 0
SBC Communications Inc. Common USD Com 78387G103 3,783 75,620 75,620 0 0 04 75,620 0 0
Sea Containers Class B Common USD0 Com 811371103 464 20,000 20,000 0 0 04 20,000 0 0
Sheldahl Incorporated Common USD0. Com 822440103 598 200,000 200,000 0 0 01 200,000 0 0
Sheldahl Incorporated Common USD0. Com 822440103 194 65,000 65,000 0 0 04 65,000 0 0
Siebel Systems Inc. Common USD0.00 Com 826170102 155 1,390 1,390 0 0 04 1,390 0 0
Sierra Health Services Common USD0 Com 826322109 72 15,600 15,600 0 0 01 15,600 0 0
Sierra Health Services Common USD0 Com 826322109 512 111,550 111,550 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 159 6,192 6,192 0 0 04 6,192 0 0
Sprint Corporation Common USD2.50 Com 852061100 2,930 100,000 100,000 0 0 01 100,000 0 0
Sprint Corporation Common USD2.50 Com 852061100 1,786 61,000 61,000 0 0 04 61,000 0 0
---------
45,522
<PAGE>
<CAPTION>
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>
St. Joe Corporation Common NPV Com 790148100 1,130 40,800 0 40,800 0 03 40,800 0 0
Starbucks Corporation Common NPV Com 855244109 1,443 35,998 35,998 0 0 01 35,998 0 0
Starbucks Corporation Common NPV Com 855244109 126 3,133 0 3,133 0 03 3,133 0 0
Starbucks Corporation Common NPV Com 855244109 488 12,183 12,183 0 0 04 02 12,183 0 0
Starbucks Corporation Common NPV Com 855244109 1,951 48,698 48,698 0 0 04 48,698 0 0
State Street Corporation Common US Com 857477103 5,350 41,166 41,166 0 0 01 41,166 0 0
State Street Corporation Common US Com 857477103 464 3,571 0 3,571 0 03 3,571 0 0
State Street Corporation Common US Com 857477103 1,746 13,435 13,435 0 0 04 02 13,435 0 0
State Street Corporation Common US Com 857477103 6,914 53,233 53,233 0 0 04 53,233 0 0
Stillwater Mining Company Common U Com 86074Q102 1,359 50,000 0 50,000 0 03 50,000 0 0
Suntrust Banks Incorporated Com. U Com 867914103 972 19,500 19,500 0 0 01 19,500 0 0
Suntrust Banks Incorporated Com. U Com 867914103 1,715 34,400 34,400 0 0 04 34,400 0 0
Synalloy Corporation Common USD1.0 Com 871565107 198 33,750 33,750 0 0 04 33,750 0 0
Target Corporation USD0.167 Com 87612E106 1,413 55,000 55,000 0 0 04 55,000 0 0
Telefonica S.A. Sp. ADR (Cv. To 3 Com 879382208 58 984 984 0 0 04 984 0 0
Telefonos de Mexico SA - Spon. ADR Com 879403780 319 6,010 6,010 0 0 04 6,010 0 0
Teva Pharmaceuticals ADR For 10 Or Com 881624209 275 3,761 3,761 0 0 04 3,761 0 0
Texaco Incorporated Common USD3.12 Com 881694103 1,110 21,136 21,136 0 0 01 21,136 0 0
Texaco Incorporated Common USD3.12 Com 881694103 96 1,826 0 1,826 0 03 1,826 0 0
Texaco Incorporated Common USD3.12 Com 881694103 364 6,934 6,934 0 0 04 02 6,934 0 0
Texaco Incorporated Common USD3.12 Com 881694103 1,576 30,000 0 30,000 0 03 30,000 0 0
Texaco Incorporated Common USD3.12 Com 881694103 1,413 26,904 26,904 0 0 04 26,904 0 0
Time Warner Incorporated Common US Com 887315109 626 8,000 8,000 0 0 01 8,000 0 0
Time Warner Incorporated Common US Com 887315109 1,722 22,000 22,000 0 0 04 22,000 0 0
Titan Corporation Common USD0.01 Com 888266103 871 52,800 52,800 0 0 01 52,800 0 0
---------
33,699
<PAGE>
<CAPTION>
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>
Titan Corporation Common USD0.01 Com 888266103 1,467 88,900 88,900 0 0 04 88,900 0 0
Ultrak Incorporated Common NPV Com 903898401 313 50,000 50,000 0 0 04 50,000 0 0
United Auto Group Inc. Common USD0 Com 909440109 3,288 400,000 400,000 0 0 01 400,000 0 0
United Auto Group Inc. Common USD0 Com 909440109 1,842 225,000 225,000 0 0 04 225,000 0 0
USA Truck Incorporated Common USD0 Com 902925106 1,081 200,000 200,000 0 0 01 200,000 0 0
USA Truck Incorporated Common USD0 Com 902925106 576 106,000 106,000 0 0 04 106,000 0 0
VeriSign Incorporated Common USD0. Com 92343E102 85 418 418 0 0 04 418 0 0
Verizon Communications Common USD0 Com 92343V104 392 8,100 8,100 0 0 01 8,100 0 0
Verizon Communications Common USD0 Com 92343V104 1,938 40,000 40,000 0 0 04 40,000 0 0
Viacom Inc. Cls. B Non-Vtg. Com. U Com 925524308 1,047 17,900 17,900 0 0 01 0 0 17,900
Viad Corporation Common USD1.50 Com 92552R109 2,703 102,000 102,000 0 0 04 102,000 0 0
Vitesse Semiconductor Corp. Com. U Com 928497106 140 1,574 1,574 0 0 04 1,574 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 3,041 80,120 80,120 0 0 01 80,120 0 0
Walgreen Company Common USD0.625 Com 931422109 3,478 91,600 91,600 0 0 04 91,600 0 0
Walgreen Company Common USD0.625 Com 931422109 96 2,525 0 2,525 0 03 2,525 0 0
Walgreen Company Common USD0.625 Com 931422109 363 9,553 9,553 0 0 04 02 9,553 0 0
Walgreen Company Common USD0.625 Com 931422109 1,229 32,396 32,396 0 0 04 32,396 0 0
Wal-Mart Stores Common USD0.10 Com 931142103 3,571 74,186 74,186 0 0 01 74,186 0 0
Wal-Mart Stores Common USD0.10 Com 931142103 2,600 54,000 54,000 0 0 04 54,000 0 0
Wal-Mart Stores Common USD0.10 Com 931142103 225 4,675 0 4,675 0 03 4,675 0 0
Wal-Mart Stores Common USD0.10 Com 931142103 801 16,639 16,639 0 0 04 02 16,639 0 0
Wal-Mart Stores Common USD0.10 Com 931142103 3,413 70,898 70,898 0 0 04 70,898 0 0
Xerox Corporation Common USD1.00 Com 984121103 1,018 67,750 67,750 0 0 04 67,750 0 0
XL Capital Limited Class A USD0.01 Com G98255105 7,375 100,000 100,000 0 0 01 100,000 0 0
---------
42,531
<PAGE>
<CAPTION>
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>
XL Capital Limited Class A USD0.01 Com G98255105 296 4,000 4,000 0 0 04 4,000 0 0
Yellow Corporation Common USD1.00 Com 985509108 5,299 349,700 349,700 0 0 04 349,700 0 0
Zagrebacka Banka GDR (Rep. 1 Ord.: Com 988849204 1,570 100,000 0 100,000 0 03 100,000 0 0
---------
7,165
=========
591,807
</TABLE>
