UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: 03/31/00
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 05/08/00
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: 349
Form 13F Information Table Value Total: $718,345
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 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 536 15,100 15,100 0 0 01 15,100 0 0
Abbott Laboratories Common NPV Com 002824100 1,879 53,400 53,400 0 0 04 53,400 0 0
Adv. Semiconductor Eng. Inc. - GDR Com Y00153117 2,321 108,841 108,841 0 0 01 02 108,841 0 0
Alberto-Culver Co. Cls. A Cv. USD0 Com 013068200 2,413 110,000 110,000 0 0 04 110,000 0 0
Amcor Ltd. 7.25% Perp. Red. Inc. P Pref 02341R401 829 22,100 22,100 0 0 04 22,100 0 0
American Express Company Common US Com 025816109 484 3,250 3,250 0 0 01 3,250 0 0
American Express Company Common US Com 025816109 1,981 13,300 13,300 0 0 04 13,300 0 0
American Freightways Common USD0.0 Com 02629V108 1,494 100,000 100,000 0 0 04 100,000 0 0
American General Corp. Common USD0 Com 026351106 1,739 31,000 31,000 0 0 01 31,000 0 0
American General Corp. Common USD0 Com 026351106 2,553 45,508 45,508 0 0 04 45,508 0 0
American General Corp. Common USD0 Com 026351106 275 4,900 4,900 0 0 04 4,900 0 0
American Home Products Common USD0 Com 026609107 1,459 27,200 27,200 0 0 01 27,200 0 0
American Home Products Common USD0 Com 026609107 2,043 38,100 38,100 0 0 04 38,100 0 0
Amgen Incorporated Common USD0.000 Com 031162100 825 13,449 13,449 0 0 01 13,449 0 0
Amgen Incorporated Common USD0.000 Com 031162100 52 850 0 850 0 03 850 0 0
Amgen Incorporated Common USD0.000 Com 031162100 4,299 70,037 70,037 0 0 04 70,037 0 0
Amgen Incorporated Common USD0.000 Com 031162100 523 8,527 8,527 0 0 02 04 8,527 0 0
Associates First Capital Corp. Com Com 046008108 368 17,398 17,398 0 0 01 17,398 0 0
Associates First Capital Corp. Com Com 046008108 1,318 61,388 61,388 0 0 04 61,388 0 0
AT&T Corporation Common USD1.00 Com 001957109 1,898 33,750 0 33,750 0 03 33,750 0 0
Automatic Data Processing Inc. USD Com 053015103 727 15,071 15,071 0 0 01 15,071 0 0
Automatic Data Processing Inc. USD Com 053015103 55 1,147 0 1,147 0 03 1,147 0 0
Automatic Data Processing Inc. USD Com 053015103 3,738 77,462 77,462 0 0 04 77,462 0 0
Automatic Data Processing Inc. USD Com 053015103 595 12,328 12,328 0 0 02 04 12,328 0 0
Bank of America Corp. Common USD0. Com 060505104 1,468 28,000 28,000 0 0 01 28,000 0 0
---------
35,872
<PAGE>
<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>
Bank of America Corp. Common USD0. Com 060505104 2,989 57,000 57,000 0 0 04 57,000 0 0
Barrett Resources Corp. Common USD Com 068480201 896 30,000 30,000 0 0 01 30,000 0 0
Barrett Resources Corp. Common USD Com 068480201 358 12,000 12,000 0 0 04 12,000 0 0
Bear Stearns Companies Inc. Com. U Com 073902108 1,460 32,000 32,000 0 0 01 32,000 0 0
Bear Stearns Companies Inc. Com. U Com 073902108 1,779 39,000 39,000 0 0 04 39,000 0 0
Bell Atlantic Corporation Com. USD Com 077853109 266 4,350 4,350 0 0 01 4,350 0 0
BellSouth Corporation Common USD1. Com 079860102 813 17,300 17,300 0 0 01 17,300 0 0
BellSouth Corporation Common USD1. Com 079860102 3,085 65,600 65,600 0 0 04 65,600 0 0
Best Buy Company Inc. Common USD0. Com 086516101 2,065 24,000 24,000 0 0 01 24,000 0 0
Best Buy Company Inc. Common USD0. Com 086516101 4,302 50,000 50,000 0 0 04 50,000 0 0
Bethlehem Steel Corp. Common USD1. Com 087509105 2,160 360,000 360,000 0 0 04 360,000 0 0
Bradley Real Estate Inc. Common US Com 104580105 342 20,000 20,000 0 0 01 20,000 0 0
Bradley Real Estate Inc. Common US Com 104580105 1,111 65,000 65,000 0 0 04 65,000 0 0
Brauns Fashions Corporation Com. U Com 105658108 757 30,000 30,000 0 0 04 30,000 0 0
Bristol-Myers Squibb Co. Common US Com 110122108 661 11,550 11,550 0 0 01 11,550 0 0
Bristol-Myers Squibb Co. Common US Com 110122108 2,271 39,300 39,300 0 0 04 39,300 0 0
Burlington Resources Inc. Common U Com 122014103 740 20,000 20,000 0 0 01 20,000 0 0
Burlington Resources Inc. Common U Com 122014103 592 16,000 16,000 0 0 04 16,000 0 0
Chase Manhattan Corporation Com. U Com 16161A108 1,134 13,050 13,050 0 0 01 13,050 0 0
Chase Manhattan Corporation Com. U Com 16161A108 3,488 40,000 40,000 0 0 04 40,000 0 0
Check Point Software Tech. Ltd. IL Com M22465104 1,939 11,340 11,340 0 0 01 11,340 0 0
Check Point Software Tech. Ltd. IL Com M22465104 38,165 223,146 223,146 0 0 01 223,146 0 0
Check Point Software Tech. Ltd. IL Com M22465104 6,655 38,909 38,909 0 0 02 01 38,909 0 0
Check Point Software Tech. Ltd. IL Com M22465104 52 305 0 305 0 03 305 0 0
Check Point Software Tech. Ltd. IL Com M22465104 5,803 33,929 33,929 0 0 04 33,929 0 0
---------
83,883
<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>
Check Point Software Tech. Ltd. IL Com M22465104 679 3,968 3,968 0 0 02 04 3,968 0 0
Chevron Corp. Common USD1.50 Com 166751107 267 2,900 2,900 0 0 01 2,900 0 0
Chevron Corp. Common USD1.50 Com 166751107 508 5,500 5,500 0 0 04 5,500 0 0
China Telecom (HK) ADR Rep. 20 Ord Com 169428109 434 2,448 2,448 0 0 04 2,448 0 0
Chubb Corporation Common USD1.00 Com 171232101 2,365 35,000 35,000 0 0 01 35,000 0 0
Chubb Corporation Common USD1.00 Com 171232101 3,513 52,000 52,000 0 0 04 52,000 0 0
Cisco Systems Incorporated Common Com 17275R102 5,793 76,084 76,084 0 0 01 76,084 0 0
Cisco Systems Incorporated Common Com 17275R102 255 3,293 0 3,293 0 03 3,293 0 0
Cisco Systems Incorporated Common Com 17275R102 19,679 254,544 254,544 0 0 04 254,544 0 0
Cisco Systems Incorporated Common Com 17275R102 6,633 85,800 85,800 0 0 04 85,800 0 0
Cisco Systems Incorporated Common Com 17275R102 3,275 42,356 42,356 0 0 02 04 42,356 0 0
Citigroup Incorporated Common USD0 Com 172967101 1,048 17,600 17,600 0 0 01 17,600 0 0
Citigroup Incorporated Common USD0 Com 172967101 160 2,704 2,704 0 0 04 2,704 0 0
Citigroup Incorporated Common USD0 Com 172967101 3,606 60,800 60,800 0 0 04 60,800 0 0
Citrix Systems Incorporated Com. U Com 177376100 1,550 23,406 23,406 0 0 01 23,406 0 0
Citrix Systems Incorporated Com. U Com 177376100 116 1,755 0 1,755 0 03 1,755 0 0
Citrix Systems Incorporated Com. U Com 177376100 8,189 123,662 123,662 0 0 04 123,662 0 0
Citrix Systems Incorporated Com. U Com 177376100 1,562 23,591 23,591 0 0 02 04 23,591 0 0
Clear Channel Comms. Inc. Common U Com 184502102 702 10,161 10,161 0 0 01 10,161 0 0
Clear Channel Comms. Inc. Common U Com 184502102 39 566 0 566 0 03 566 0 0
Clear Channel Comms. Inc. Common U Com 184502102 3,541 51,267 51,267 0 0 04 51,267 0 0
Clear Channel Comms. Inc. Common U Com 184502102 620 8,981 8,981 0 0 02 04 8,981 0 0
Clintrials Research Inc. Common US Com 188767107 18 4,500 4,500 0 0 01 4,500 0 0
Clintrials Research Inc. Common US Com 188767107 118 30,000 30,000 0 0 04 30,000 0 0
Coca-Cola Company Common USD0.25 Com 191216100 1,161 23,900 23,900 0 0 01 23,900 0 0
---------
65,830
<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>
Coca-Cola Company Common USD0.25 Com 191216100 4,234 90,200 90,200 0 0 04 90,200 0 0
Colgate-Palmolive Company Common U Com 194162103 543 9,650 9,650 0 0 01 9,650 0 0
Colgate-Palmolive Company Common U Com 194162103 232 4,124 4,124 0 0 04 4,124 0 0
Colgate-Palmolive Company Common U Com 194162103 2,164 38,400 38,400 0 0 04 38,400 0 0
Computer Associates Intl. Com. USD Com 204912109 1,804 30,478 30,478 0 0 01 30,478 0 0
Computer Associates Intl. Com. USD Com 204912109 129 2,176 0 2,176 0 03 2,176 0 0
Computer Associates Intl. Com. USD Com 204912109 9,308 157,265 157,265 0 0 04 157,265 0 0
Computer Associates Intl. Com. USD Com 204912109 1,596 26,970 26,970 0 0 02 04 26,970 0 0
Comverse Technology Inc. Common US Com 205862402 365 1,930 1,930 0 0 04 1,930 0 0
Consolidated Tomoka Land Common US Com 210226106 67 6,000 6,000 0 0 04 6,000 0 0
Cool Entertainment Incorporated Com 21639Q107 1 2,160 2,160 0 0 02 04 2,160 0 0
Delta & Pine Land Inc. Common USD0 Com 247357106 2,080 105,000 105,000 0 0 01 105,000 0 0
Delta & Pine Land Inc. Common USD0 Com 247357106 1,050 53,000 53,000 0 0 04 53,000 0 0
Dial Corporation Common USD1.50 Com 25247D101 681 50,000 50,000 0 0 04 50,000 0 0
Du Pont (E.I) De Nemours Common US Com 263534109 3,174 60,000 60,000 0 0 04 60,000 0 0
ECCS Incorporated Common USD0.01 Com 26825H100 1,447 100,000 100,000 0 0 04 100,000 0 0
Elcom International Inc. Com. USD0 Com 284434107 1,471 98,500 98,500 0 0 04 98,500 0 0
EMC Corporation (Mass) Common USD0 Com 268648102 759 6,023 6,023 0 0 01 6,023 0 0
EMC Corporation (Mass) Common USD0 Com 268648102 46 367 0 367 0 03 367 0 0
EMC Corporation (Mass) Common USD0 Com 268648102 3,769 29,915 29,915 0 0 04 29,915 0 0
EMC Corporation (Mass) Common USD0 Com 268648102 1,058 8,400 8,400 0 0 04 8,400 0 0
EMC Corporation (Mass) Common USD0 Com 268648102 643 5,105 5,105 0 0 02 04 5,105 0 0
Emerson Electric Common USD1.00 Com 291011104 1,511 28,600 28,600 0 0 04 28,600 0 0
Esat Telecom Group PLC-ADR Com 26883Y102 1,757 17,600 0 17,600 0 03 17,600 0 0
ESG Re Limited Common USD1.00 Com G31215109 348 85,000 85,000 0 0 01 85,000 0 0
---------
40,239
<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>
ESG Re Limited Common USD1.00 Com G31215109 61 15,000 15,000 0 0 04 15,000 0 0
Estee Lauder Co. Class A Common US Com 518439104 61 1,200 1,200 0 0 01 1,200 0 0
Estee Lauder Co. Class A Common US Com 518439104 395 7,900 7,900 0 0 04 7,900 0 0
Exxon Mobil Corporation NPV Com 30231G102 740 9,412 9,412 0 0 01 9,412 0 0
Exxon Mobil Corporation NPV Com 30231G102 1,641 21,086 21,086 0 0 04 21,086 0 0
Fairfield Communities Inc. Com. US Com 304231301 638 80,000 80,000 0 0 01 80,000 0 0
Fairfield Communities Inc. Com. US Com 304231301 542 68,000 68,000 0 0 04 68,000 0 0
Fannie Mae Common NPV Com 313586109 818 14,550 14,550 0 0 01 14,550 0 0
Fannie Mae Common NPV Com 313586109 2,933 52,000 52,000 0 0 04 52,000 0 0
Fiserv Incorporated Common USD0.01 Com 337738108 1,070 28,795 28,795 0 0 01 28,795 0 0
Fiserv Incorporated Common USD0.01 Com 337738108 70 1,872 0 1,872 0 03 1,872 0 0
Fiserv Incorporated Common USD0.01 Com 337738108 4,598 123,746 123,746 0 0 04 123,746 0 0
Fiserv Incorporated Common USD0.01 Com 337738108 749 20,153 20,153 0 0 02 04 20,153 0 0
Foamex International Inc. Com. USD Com 344123104 1,881 200,000 200,000 0 0 01 200,000 0 0
Foamex International Inc. Com. USD Com 344123104 5,766 613,000 613,000 0 0 04 613,000 0 0
Ford Motor Company Common USD1.00 Com 345370100 989 21,218 21,218 0 0 01 21,218 0 0
Ford Motor Company Common USD1.00 Com 345370100 3,014 65,600 65,600 0 0 04 65,600 0 0
Fortune Brands Inc. Common USD3.12 Com 349631101 2,500 100,000 100,000 0 0 01 100,000 0 0
Fortune Brands Inc. Common USD3.12 Com 349631101 1,250 50,000 50,000 0 0 04 50,000 0 0
Fox Entertainment Group - Cls. A U Com 35138T107 537 19,300 19,300 0 0 01 19,300 0 0
Fox Entertainment Group - Cls. A U Com 35138T107 1,838 61,400 61,400 0 0 04 61,400 0 0
Freddie Mac Common USD0.21 Com 313400301 1,529 34,604 34,604 0 0 01 34,604 0 0
Freddie Mac Common USD0.21 Com 313400301 104 2,362 0 2,362 0 03 2,362 0 0
Freddie Mac Common USD0.21 Com 313400301 8,541 193,282 193,282 0 0 04 193,282 0 0
Freddie Mac Common USD0.21 Com 313400301 1,434 32,460 32,460 0 0 02 04 32,460 0 0
---------
43,698
<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>
Fred's Incorporated Class A Common Com 356108100 1,426 94,250 94,250 0 0 01 94,250 0 0
Fremont General Corp. Common USD1. Com 357288109 631 99,000 99,000 0 0 04 99,000 0 0
Gedeon Richter Rt. GDR Reg. S HUF1 Com 368467205 72 1,100 1,100 0 0 04 1,100 0 0
General Electric Co. Amer. Com. US Com 369604103 1,881 11,850 11,850 0 0 01 11,850 0 0
General Electric Co. Amer. Com. US Com 369604103 6,952 44,800 44,800 0 0 04 44,800 0 0
General Motors Corp. Common USD1.6 Com 370442105 4,638 56,000 56,000 0 0 04 56,000 0 0
Gerber Scientific Common USD1.00 Com 373730100 779 40,000 40,000 0 0 01 40,000 0 0
Gerber Scientific Common USD1.00 Com 373730100 876 45,000 45,000 0 0 04 45,000 0 0
Gilat Satellite Netwk. Ltd. Ord. I Com M51474100 299 2,556 2,556 0 0 04 2,556 0 0
Gillette Company Common USD1.00 Com 375766102 540 14,550 14,550 0 0 01 14,550 0 0
Gillette Company Common USD1.00 Com 375766102 2,103 55,800 55,800 0 0 04 55,800 0 0
Grupo Tele. GDR (Rep. 2 Ord. Ptg. Com 40049J206 230 3,388 3,388 0 0 04 3,388 0 0
Hecla Mining Company Common USD0.2 Com 422704106 703 500,000 500,000 0 0 04 500,000 0 0
Hewlett Packard Corp. Common USD1. Com 428236103 878 6,700 6,700 0 0 01 6,700 0 0
Hewlett Packard Corp. Common USD1. Com 428236103 3,617 27,300 27,300 0 0 04 27,300 0 0
Home Depot Incorporated Common USD Com 437076102 2,166 33,617 33,617 0 0 01 33,617 0 0
Home Depot Incorporated Common USD Com 437076102 119 1,844 0 1,844 0 03 1,844 0 0
Home Depot Incorporated Common USD Com 437076102 10,295 159,774 159,774 0 0 04 159,774 0 0
Home Depot Incorporated Common USD Com 437076102 1,812 28,127 28,127 0 0 02 04 28,127 0 0
Honeywell Intl Inc Com USD1 Com 438516106 592 11,550 11,550 0 0 01 11,550 0 0
Honeywell Intl Inc Com USD1 Com 438516106 2,271 43,100 43,100 0 0 04 43,100 0 0
Hong Kong Land Hdgs. Ltd. Common U Com G4587L109 1,098 793,000 793,000 0 0 01 793,000 0 0
Hong Kong Land Hdgs. Ltd. Common U Com G4587L109 11,824 8,537,000 8,537,000 0 0 02 01 8,537,000 0 0
Hong Kong Land Hdgs. Ltd. Common U Com G4587L109 1,343 970,000 970,000 0 0 04 02 970,000 0 0
Hong Kong Land Hdgs. Ltd. Common U Com G4587L109 5,248 3,789,000 3,789,000 0 0 02 04 3,789,000 0 0
---------
62,394
<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>
ICU Medical Incorporated Common US Com 44930G107 1,080 60,000 60,000 0 0 04 60,000 0 0
IMS Health Incorporated Common USD Com 449934108 663 39,086 39,086 0 0 01 39,086 0 0
IMS Health Incorporated Common USD Com 449934108 46 2,694 0 2,694 0 03 2,694 0 0
IMS Health Incorporated Common USD Com 449934108 3,519 207,399 207,399 0 0 04 207,399 0 0
IMS Health Incorporated Common USD Com 449934108 563 33,171 33,171 0 0 02 04 33,171 0 0
Intel Corporation Common USD0.001 Com 458140100 3,323 25,913 25,913 0 0 01 25,913 0 0
Intel Corporation Common USD0.001 Com 458140100 56 425 0 425 0 03 425 0 0
Intel Corporation Common USD0.001 Com 458140100 4,020 30,472 30,472 0 0 04 30,472 0 0
Intel Corporation Common USD0.001 Com 458140100 11,993 90,900 90,900 0 0 04 90,900 0 0
Intel Corporation Common USD0.001 Com 458140100 388 2,942 2,942 0 0 02 04 2,942 0 0
Intermedia Comms. Inc. Common USD0 Com 458801107 316 5,475 0 5,475 0 01 5,475 0 0
International Paper Company Com. U Com 460146103 3,076 72,000 72,000 0 0 04 72,000 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 344 8,400 8,400 0 0 01 8,400 0 0
Intl. Business Machines Corp. USD0 Com 459200101 704 5,750 5,750 0 0 01 5,750 0 0
Intl. Business Machines Corp. USD0 Com 459200101 1,734 14,700 14,700 0 0 04 14,700 0 0
Intuit Incorporated Common USD0.01 Com 461202103 2,160 39,750 0 39,750 0 03 39,750 0 0
IONA Technologies PLC ADR (Rep. 1 Com 46206P109 1,102 15,000 15,000 0 0 04 15,000 0 0
IPI Incorporated Common USD0.01 Com 449804103 678 236,000 236,000 0 0 04 236,000 0 0
Isolyser Company Inc. Common USD0. Com 464888106 512 100,000 100,000 0 0 04 100,000 0 0
JDS Uniphase Corporation Common US Com 46612J101 453 3,757 3,757 0 0 01 3,757 0 0
JDS Uniphase Corporation Common US Com 46612J101 30 245 0 245 0 03 245 0 0
JDS Uniphase Corporation Common US Com 46612J101 2,286 18,970 18,970 0 0 04 18,970 0 0
JDS Uniphase Corporation Common US Com 46612J101 394 3,272 3,272 0 0 02 04 3,272 0 0
Johnson & Johnson Common USD1.00 Com 478160104 814 11,550 11,550 0 0 01 11,550 0 0
---------
40,257
<PAGE>
<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>
Johnson & Johnson Common USD1.00 Com 478160104 53 755 755 0 0 04 755 0 0
Johnson & Johnson Common USD1.00 Com 478160104 3,153 45,000 45,000 0 0 04 45,000 0 0
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 1,147 200,000 200,000 0 0 01 200,000 0 0
Keystone Automotive Ind. Inc. USD0 Com 49338N109 487 85,000 85,000 0 0 04 85,000 0 0
Korea Elec. Power Spon ADR Com 500631106 58 3,639 3,639 0 0 04 3,639 0 0
Liberty Digital Inc. Cls. A Com. U Com 530436104 580 15,000 15,000 0 0 01 15,000 0 0
Liberty Digital Inc. Cls. A Com. U Com 530436104 193 5,000 5,000 0 0 04 5,000 0 0
Linear Technology Corporation Comm Com 535678106 2,313 42,056 42,056 0 0 01 42,056 0 0
Linear Technology Corporation Comm Com 535678106 140 2,550 0 2,550 0 03 2,550 0 0
Linear Technology Corporation Comm Com 535678106 12,567 228,494 228,494 0 0 04 228,494 0 0
Linear Technology Corporation Comm Com 535678106 2,204 40,080 40,080 0 0 02 04 40,080 0 0
Lucent Technologies Inc. Common US Com 549463107 1,116 18,000 0 18,000 0 03 18,000 0 0
Magyar Tavkozlesi Rt Spon. ADR Rep Com 559776109 413 9,264 9,264 0 0 04 9,264 0 0
Marsh & McLennan Common USD1 Com 571748102 795 7,650 7,650 0 0 01 7,650 0 0
Marsh & McLennan Common USD1 Com 571748102 3,658 33,150 33,150 0 0 04 33,150 0 0
Matrix Pharmaceuticals Inc. Com. U Com 576844104 406 40,000 40,000 0 0 04 40,000 0 0
McDonald's Corporation Common NPV Com 580135101 614 16,350 16,350 0 0 01 16,350 0 0
McDonald's Corporation Common NPV Com 580135101 2,126 56,600 56,600 0 0 04 56,600 0 0
McGraw-Hill Inc. Cos. Common USD1. Com 480645109 539 11,550 11,550 0 0 01 11,550 0 0
McGraw-Hill Inc. Cos. Common USD1. Com 480645109 1,856 40,800 40,800 0 0 04 40,800 0 0
Medtronic Incorporated Common USD0 Com 585055106 1,087 21,142 21,142 0 0 01 21,142 0 0
Medtronic Incorporated Common USD0 Com 585055106 77 1,504 0 1,504 0 03 1,504 0 0
Medtronic Incorporated Common USD0 Com 585055106 5,249 102,055 102,055 0 0 04 102,055 0 0
---------
40,834
<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>
Medtronic Incorporated Common USD0 Com 585055106 863 16,771 16,771 0 0 02 04 16,771 0 0
Merck & Company Incorporated Commo Com 589331107 1,101 17,200 17,200 0 0 01 17,200 0 0
Merck & Company Incorporated Commo Com 589331107 4,013 64,600 64,600 0 0 04 64,600 0 0
Merrill Lynch & Co. Common USD1.33 Com 590188108 1,071 10,200 10,200 0 0 04 10,200 0 0
Microchip Technology Inc. Com. USD Com 595017104 1,191 18,129 18,129 0 0 01 18,129 0 0
Microchip Technology Inc. Com. USD Com 595017104 73 1,114 0 1,114 0 03 1,114 0 0
Microchip Technology Inc. Com. USD Com 595017104 5,824 88,621 88,621 0 0 04 88,621 0 0
Microchip Technology Inc. Com. USD Com 595017104 1,015 15,445 15,445 0 0 02 04 15,445 0 0
Microsoft Corporation Com. USD0.00 Com 594918104 5,601 53,062 53,062 0 0 01 53,062 0 0
Microsoft Corporation Com. USD0.00 Com 594918104 256 2,411 0 2,411 0 03 2,411 0 0
Microsoft Corporation Com. USD0.00 Com 594918104 20,557 193,474 193,474 0 0 04 193,474 0 0
Microsoft Corporation Com. USD0.00 Com 594918104 4,675 44,000 44,000 0 0 04 44,000 0 0
Microsoft Corporation Com. USD0.00 Com 594918104 3,601 33,896 33,896 0 0 02 04 33,896 0 0
Mitek Systems Inc. Common USD0.001 Com 606710200 2,503 225,000 225,000 0 0 04 225,000 0 0
Morgan Keegan Incorporated Com. US Com 617410105 1,208 70,000 70,000 0 0 04 70,000 0 0
Nat. Australia Bk. 7.875% Pref. (U Pref 632525309 1,259 52,000 0 52,000 0 03 52,000 0 0
Nat. Australia Bk. 7.875% Pref. (U Pref 632525309 1,129 46,600 46,600 0 0 04 46,600 0 0
Neopharm Incorporated Common USD0. Com 640919106 1,656 66,400 66,400 0 0 01 66,400 0 0
Neopharm Incorporated Common USD0. Com 640919106 5,516 221,200 221,200 0 0 04 221,200 0 0
Network Solutions Inc. Class A USD Com 64121Q102 2,030 13,207 13,207 0 0 01 13,207 0 0
Network Solutions Inc. Class A USD Com 64121Q102 101 656 0 656 0 03 656 0 0
Network Solutions Inc. Class A USD Com 64121Q102 8,951 58,230 58,230 0 0 04 58,230 0 0
Network Solutions Inc. Class A USD Com 64121Q102 1,670 10,865 10,865 0 0 02 04 10,865 0 0
News Corp. Ltd. Cv. Pref. 5% (New Pref YY5015119 1,342 5,500 5,500 0 0 01 5,500 0 0
News Corp. Spon. ADR Rep. 4 Pref. Pref 652487802 87 1,800 1,800 0 0 01 1,800 0 0
---------
77,295
<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>
News Corp. Spon. ADR Rep. 4 Pref. Pref 652487802 549 11,500 11,500 0 0 04 11,500 0 0
NICE Systems Ltd. Spons. ADR Rep. Com 653656108 157 2,211 2,211 0 0 04 2,211 0 0
Norfolk Southern Corp. Com. USD1.0 Com 655844108 138 9,800 9,800 0 0 01 9,800 0 0
Norfolk Southern Corp. Com. USD1.0 Com 655844108 934 64,800 64,800 0 0 04 64,800 0 0
Omnicom Group Incorporated Com. US Com 681919106 2,613 27,960 27,960 0 0 01 27,960 0 0
Omnicom Group Incorporated Com. US Com 681919106 177 1,890 0 1,890 0 03 1,890 0 0
Omnicom Group Incorporated Com. US Com 681919106 12,999 139,121 139,121 0 0 04 139,121 0 0
Omnicom Group Incorporated Com. US Com 681919106 2,307 24,686 24,686 0 0 02 04 24,686 0 0
OpTel Incorporated Com 683817100 0 500 0 500 0 01 500 0 0
Oracle Corporation Common USD0.01 Com 68389X105 1,231 15,772 15,772 0 0 01 15,772 0 0
Oracle Corporation Common USD0.01 Com 68389X105 88 1,128 0 1,128 0 03 1,128 0 0
Oracle Corporation Common USD0.01 Com 68389X105 6,366 81,546 81,546 0 0 04 81,546 0 0
Oracle Corporation Common USD0.01 Com 68389X105 1,059 13,568 13,568 0 0 02 04 13,568 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 183 3,383 3,383 0 0 04 3,383 0 0
Oxigene Incorporated Common USD0.0 Com 691828107 1,053 50,000 50,000 0 0 04 50,000 0 0
Palm Harbor Homes Inc. Com. USD0.0 Com 696639103 148 9,765 9,765 0 0 01 9,765 0 0
Party City Corp. Common USD0.01 Com 702145103 15 7,500 7,500 0 0 01 7,500 0 0
Paychex Incorporated Common USD0.0 Com 704326107 1,051 20,079 20,079 0 0 01 20,079 0 0
Paychex Incorporated Common USD0.0 Com 704326107 71 1,361 0 1,361 0 03 1,361 0 0
Paychex Incorporated Common USD0.0 Com 704326107 5,125 97,911 97,911 0 0 04 97,911 0 0
Paychex Incorporated Common USD0.0 Com 704326107 890 16,995 16,995 0 0 02 04 16,995 0 0
PepsiCo Incorporated Common USD0.0 Com 713448108 762 21,200 21,200 0 0 01 21,200 0 0
PepsiCo Incorporated Common USD0.0 Com 713448108 2,542 72,900 72,900 0 0 04 72,900 0 0
Pfizer Incorporated Common USD0.05 Com 717081103 2,044 55,950 55,950 0 0 01 55,950 0 0
---------
42,502
<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>
Pfizer Incorporated Common USD0.05 Com 717081103 7,188 196,600 196,600 0 0 04 196,600 0 0
Pharmacia Corporation Common USD2. Com 611662107 1,701 33,000 33,000 0 0 01 33,000 0 0
Pharmacia Corporation Common USD2. Com 611662107 2,370 46,000 46,000 0 0 04 46,000 0 0
Phelps Dodge Corporation Common US Com 717265102 2,852 60,000 60,000 0 0 04 60,000 0 0
Philip Morris Co. Common USD0.3333 Com 718154107 576 27,100 27,100 0 0 01 27,100 0 0
Philip Morris Co. Common USD0.3333 Com 718154107 1,748 82,600 82,600 0 0 04 82,600 0 0
Phoenix International Inc. Com. US Com 719078107 191 45,000 45,000 0 0 04 45,000 0 0
Point of Sale Limited Common ILS1. Com M7945W108 1,052 50,000 50,000 0 0 01 50,000 0 0
Point of Sale Limited Common ILS1. Com M7945W108 2,629 125,000 125,000 0 0 04 125,000 0 0
Policy Management Systems Corp. US Com 731108106 1,203 100,000 100,000 0 0 01 100,000 0 0
Policy Management Systems Corp. US Com 731108106 505 42,000 42,000 0 0 04 42,000 0 0
Polo Ralph Lauren Corp. Class A US Com 731572103 531 28,400 28,400 0 0 04 28,400 0 0
Power-One Incorporated Common USD0 Com 739308104 6,069 100,000 100,000 0 0 01 100,000 0 0
Power-One Incorporated Common USD0 Com 739308104 6,676 110,000 110,000 0 0 04 110,000 0 0
Procter & Gamble Common NPV Com 742718109 480 8,250 8,250 0 0 01 8,250 0 0
Procter & Gamble Common NPV Com 742718109 1,749 31,100 31,100 0 0 04 31,100 0 0
Professional Staff PLC Spons. ADR Com 74315R105 132 27,000 27,000 0 0 01 27,000 0 0
Professional Staff PLC Spons. ADR Com 74315R105 234 48,000 48,000 0 0 04 48,000 0 0
Progressive Corporation Common USD Com 743315103 1,520 20,000 0 20,000 0 03 20,000 0 0
QUALCOMM Incorporated Common USD0. Com 747525103 1,038 6,951 6,951 0 0 01 6,951 0 0
QUALCOMM Incorporated Common USD0. Com 747525103 63 423 0 423 0 03 423 0 0
QUALCOMM Incorporated Common USD0. Com 747525103 5,166 34,596 34,596 0 0 04 34,596 0 0
QUALCOMM Incorporated Common USD0. Com 747525103 879 5,890 5,890 0 0 02 04 5,890 0 0
Raytheon Company Class B Common US Com 755111408 2,982 168,000 168,000 0 0 04 168,000 0 0
Reinsurance Group of Amer. Inc. US Com 759351109 1,078 45,334 0 45,334 0 03 45,334 0 0
---------
50,610
<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>
Rite Aid Corporation Common USD1.0 Com 767754104 2,002 360,000 360,000 0 0 04 360,000 0 0
Rockwell Intl. Corp. Common USD1.0 Com 773903109 225 5,650 5,650 0 0 01 5,650 0 0
Rockwell Intl. Corp. Common USD1.0 Com 773903109 1,100 26,300 26,300 0 0 04 26,300 0 0
SBC Communications Inc. Common USD Com 78387G103 722 17,364 17,364 0 0 01 17,364 0 0
SBC Communications Inc. Common USD Com 78387G103 3,327 79,220 79,220 0 0 04 79,220 0 0
Sea Containers Class B Common USD0 Com 811371103 450 20,000 20,000 0 0 04 20,000 0 0
Sheldahl Incorporated Common USD0. Com 822440103 537 90,000 90,000 0 0 01 90,000 0 0
Siebel Systems Inc. Common USD0.00 Com 826170102 2,586 21,657 21,657 0 0 01 21,657 0 0
Siebel Systems Inc. Common USD0.00 Com 826170102 150 1,254 0 1,254 0 03 1,254 0 0
Siebel Systems Inc. Common USD0.00 Com 826170102 13,820 115,736 115,736 0 0 04 115,736 0 0
Siebel Systems Inc. Common USD0.00 Com 826170102 2,550 21,352 21,352 0 0 02 04 21,352 0 0
Sierra Health Services Common USD0 Com 826322109 39 7,800 7,800 0 0 01 7,800 0 0
Sierra Health Services Common USD0 Com 826322109 554 111,550 111,550 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 191 4,880 4,880 0 0 04 4,880 0 0
Sprint Corporation Common USD2.50 Com 852061100 3,150 50,000 50,000 0 0 01 50,000 0 0
Sprint Corporation Common USD2.50 Com 852061100 3,843 61,000 61,000 0 0 04 61,000 0 0
St. Joe Corporation Common NPV Com 790148100 1,178 40,800 0 40,800 0 03 40,800 0 0
Starbucks Corporation Common NPV Com 855244109 1,774 39,623 39,623 0 0 01 39,623 0 0
Starbucks Corporation Common NPV Com 855244109 115 2,567 0 2,567 0 03 2,567 0 0
Starbucks Corporation Common NPV Com 855244109 6,934 154,835 154,835 0 0 04 154,835 0 0
Starbucks Corporation Common NPV Com 855244109 1,320 29,475 29,475 0 0 02 04 29,475 0 0
Sterling Software Common USD0.10 Com 859547101 1,638 50,000 50,000 0 0 01 50,000 0 0
Sterling Software Common USD0.10 Com 859547101 2,070 63,220 63,220 0 0 04 63,220 0 0
Suntrust Banks Incorporated Com. U Com 867914103 605 10,550 10,550 0 0 01 10,550 0 0
---------
50,879
<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>
Suntrust Banks Incorporated Com. U Com 867914103 2,085 36,100 36,100 0 0 04 36,100 0 0
Synalloy Corporation Common USD1.0 Com 871565107 249 33,750 33,750 0 0 04 33,750 0 0
TCI Satellite Entmnt. Com. USD0.01 Com 872298104 1,606 84,000 84,000 0 0 01 84,000 0 0
TCI Satellite Entmnt. Com. USD0.01 Com 872298104 306 16,000 16,000 0 0 04 16,000 0 0
Telefonos de Mexico SA - Spon. ADR Com 879403780 398 5,934 5,934 0 0 04 5,934 0 0
Tellabs Incorporated Common USD0.0 Com 879664100 458 7,272 7,272 0 0 01 7,272 0 0
Tellabs Incorporated Common USD0.0 Com 879664100 30 479 0 479 0 03 479 0 0
Tellabs Incorporated Common USD0.0 Com 879664100 2,285 36,291 36,291 0 0 04 36,291 0 0
Tellabs Incorporated Common USD0.0 Com 879664100 388 6,155 6,155 0 0 02 04 6,155 0 0
Teva Pharmaceuticals ADR For 10 Or Com 881624209 106 2,840 2,840 0 0 04 2,840 0 0
Titan Corporation Common USD0.01 Com 888266103 1,346 26,400 26,400 0 0 01 26,400 0 0
Titan Corporation Common USD0.01 Com 888266103 4,534 88,900 88,900 0 0 04 88,900 0 0
Ultrak Incorporated Common NPV Com 903898401 453 50,000 50,000 0 0 04 50,000 0 0
United Auto Group Inc. Common USD0 Com 909440109 1,762 200,000 200,000 0 0 01 200,000 0 0
United Auto Group Inc. Common USD0 Com 909440109 1,983 225,000 225,000 0 0 04 225,000 0 0
USA Truck Incorporated Common USD0 Com 902925106 728 100,000 100,000 0 0 01 100,000 0 0
USA Truck Incorporated Common USD0 Com 902925106 772 106,000 106,000 0 0 04 106,000 0 0
VeriSign Incorporated Common USD0. Com 92343E102 541 3,622 3,622 0 0 01 3,622 0 0
VeriSign Incorporated Common USD0. Com 92343E102 35 234 0 234 0 03 234 0 0
VeriSign Incorporated Common USD0. Com 92343E102 2,689 17,996 17,996 0 0 04 17,996 0 0
VeriSign Incorporated Common USD0. Com 92343E102 465 3,114 3,114 0 0 02 04 3,114 0 0
Viacom Inc. Cls. B Non-Vtg. Com. U Com 925524308 522 9,650 9,650 0 0 01 0 0 9,650
Viad Corporation Common USD1.50 Com 92552R109 2,333 102,000 102,000 0 0 04 102,000 0 0
Videsh Sanchar Nigam Ltd. GDR Rep. Com Y9371X110 2,999 112,000 112,000 0 0 01 02 112,000 0 0
Vitesse Semiconductor Corp. Com. U Com 928497106 1,675 17,407 17,407 0 0 01 17,407 0 0
---------
30,750
<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>
Vitesse Semiconductor Corp. Com. U Com 928497106 113 1,174 0 1,174 0 03 1,174 0 0
Vitesse Semiconductor Corp. Com. U Com 928497106 8,394 87,238 87,238 0 0 04 87,238 0 0
Vitesse Semiconductor Corp. Com. U Com 928497106 1,410 14,655 14,655 0 0 02 04 14,655 0 0
Waddell & Reed Finl. Inc. Cls. B U Com 930059209 402 10,300 0 10,300 0 03 10,300 0 0
Walgreen Company Common USD0.625 Com 931422109 775 30,550 30,550 0 0 01 30,550 0 0
Walgreen Company Common USD0.625 Com 931422109 2,475 96,000 96,000 0 0 04 96,000 0 0
Wal-Mart Stores Common USD0.10 Com 931142103 2,239 39,016 39,016 0 0 01 39,016 0 0
Wal-Mart Stores Common USD0.10 Com 931142103 104 1,842 0 1,842 0 03 1,842 0 0
Wal-Mart Stores Common USD0.10 Com 931142103 7,804 138,117 138,117 0 0 04 138,117 0 0
Wal-Mart Stores Common USD0.10 Com 931142103 3,068 54,300 54,300 0 0 04 54,300 0 0
Wal-Mart Stores Common USD0.10 Com 931142103 1,340 23,716 23,716 0 0 02 04 23,716 0 0
Warner-Lambert Company Common USD1 Com 934488107 825 8,460 8,460 0 0 01 8,460 0 0
Warner-Lambert Company Common USD1 Com 934488107 58 591 0 591 0 03 591 0 0
Warner-Lambert Company Common USD1 Com 934488107 4,904 50,296 50,296 0 0 04 50,296 0 0
Warner-Lambert Company Common USD1 Com 934488107 827 8,483 8,483 0 0 02 04 8,483 0 0
Xerox Corporation Common USD1.00 Com 984121103 3,120 120,000 120,000 0 0 04 120,000 0 0
XL Capital Limited Class A USD0.01 Com G98255105 2,770 50,000 50,000 0 0 01 50,000 0 0
XL Capital Limited Class A USD0.01 Com G98255105 222 4,000 4,000 0 0 04 4,000 0 0
Yahoo! Incorporated Common USD0.00 Com 984332106 817 4,770 4,770 0 0 01 4,770 0 0
Yahoo! Incorporated Common USD0.00 Com 984332106 60 352 0 352 0 03 352 0 0
Yahoo! Incorporated Common USD0.00 Com 984332106 3,961 23,114 23,114 0 0 04 23,114 0 0
Yahoo! Incorporated Common USD0.00 Com 984332106 690 4,024 4,024 0 0 02 04 4,024 0 0
Yellow Corporation Common USD1.00 Com 985509108 5,180 280,000 280,000 0 0 04 280,000 0 0
Zagrebacka Banka GDR (Rep. 1 Ord.: Com 988849204 1,742 100,000 0 100,000 0 03 100,000 0 0
---------
53,301
=========
718,345
</TABLE>
