UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: 12/31/99
Check here if Amendment [ ]; Amendment Number:
This Amendment (Check only one.): [ ] is a restatement.
[ ] adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: Global Asset Management (USA) Inc.
Address: 135 East 57th Street
25th Floor
New York, NY 10022
13F File Number: 28-7714
The institutional investment manager filing this report and the person by whom
it is signed hereby represent that the person signing the report is authorized
to submit it, that all information contained herein is true, correct and
complete, and that it is understood that all required items, statements,
schedules, lists, and tables, are considered integral parts of this form.
Person Signing this Report on Behalf of Reporting Manager:
Name: Joseph J. Allessie
Title: General Counsel
Phone: 212-407-4766
Signature, Place, and Date of Signing:
Joseph J. Allessie New York, New York 01/19/00
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: 350
Form 13F Information Table Value Total: $859,189
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 556 15,300 15,300 0 0 01 15,300 0 0
Abbott Laboratories Common NPV Com 002824100 1,972 54,300 54,300 0 0 03 54,300 0 0
Adv. Semiconductor Eng. Inc. - GDR Com Y00153117 2,796 142,841 142,841 0 0 02 01 142,841 0 0
Adv. Semiconductor Eng. Inc. - GDR Com Y00153117 78 4,000 4,000 0 0 03 4,000 0 0
Alberto-Culver Co. Cls. A Cv. USD0 Com 013068200 2,406 110,000 110,000 0 0 04 110,000 0 0
Amcor Ltd. 7.25% Perp. Red. Inc. P Pref 02341R401 950 22,100 22,100 0 0 04 22,100 0 0
American Express Company Common US Com 025816109 806 4,850 4,850 0 0 01 4,850 0 0
American Express Company Common US Com 025816109 2,759 16,600 16,600 0 0 03 16,600 0 0
American General Corp. Common USD0 Com 026351106 2,352 31,000 31,000 0 0 01 31,000 0 0
American General Corp. Common USD0 Com 026351106 379 5,000 5,000 0 0 03 5,000 0 0
American General Corp. Common USD0 Com 026351106 3,453 45,508 45,508 0 0 04 45,508 0 0
American Home Products Common USD0 Com 026609107 1,158 29,350 29,350 0 0 01 29,350 0 0
American Home Products Common USD0 Com 026609107 1,152 29,200 29,200 0 0 03 29,200 0 0
American Home Products Common USD0 Com 026609107 1,504 38,100 38,100 0 0 04 38,100 0 0
American International Grp. Com. U Com 026874107 1,815 16,789 16,789 0 0 01 16,789 0 0
American International Grp. Com. U Com 026874107 5,457 50,487 50,487 0 0 03 50,487 0 0
American International Grp. Com. U Com 026874107 8,169 75,577 75,577 0 0 04 75,577 0 0
American International Grp. Com. U Com 026874107 1,578 14,602 14,602 0 0 02 04 14,602 0 0
Amgen Incorporated Common USD0.000 Com 031162100 1,839 30,626 30,626 0 0 01 30,626 0 0
Amgen Incorporated Common USD0.000 Com 031162100 4,895 81,534 81,534 0 0 03 81,534 0 0
Amgen Incorporated Common USD0.000 Com 031162100 8,933 148,802 148,802 0 0 04 148,802 0 0
Amgen Incorporated Common USD0.000 Com 031162100 1,235 20,572 20,572 0 0 02 04 20,572 0 0
Associates First Capital Corp. Com Com 046008108 487 17,698 17,698 0 0 01 17,698 0 0
Associates First Capital Corp. Com Com 046008108 1,718 62,488 62,488 0 0 03 62,488 0 0
AT&T Corporation Common USD1.00 Com 001957109 1,715 33,750 0 33,750 0 03 33,750 0 0
---------
60,163
<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>
Automatic Data Processing Inc. USD Com 053015103 955 17,711 17,711 0 0 01 17,711 0 0
Automatic Data Processing Inc. USD Com 053015103 2,515 46,655 46,655 0 0 03 46,655 0 0
Automatic Data Processing Inc. USD Com 053015103 4,533 84,095 84,095 0 0 04 84,095 0 0
Automatic Data Processing Inc. USD Com 053015103 732 13,587 13,587 0 0 02 04 13,587 0 0
Bank of America Corp. Common USD0. Com 060505104 1,406 28,000 28,000 0 0 01 28,000 0 0
Bank of America Corp. Common USD0. Com 060505104 628 12,500 12,500 0 0 03 12,500 0 0
Bank of America Corp. Common USD0. Com 060505104 4,620 92,000 92,000 0 0 04 92,000 0 0
Barrett Resources Corp. Common USD Com 068480201 883 30,000 30,000 0 0 01 30,000 0 0
Barrett Resources Corp. Common USD Com 068480201 353 12,000 12,000 0 0 04 12,000 0 0
Bear Stearns Companies Inc. Com. U Com 073902108 1,367 32,000 32,000 0 0 01 32,000 0 0
Bear Stearns Companies Inc. Com. U Com 073902108 1,666 39,000 39,000 0 0 04 39,000 0 0
Bell Atlantic Corporation Com. USD Com 077853109 274 4,450 4,450 0 0 01 4,450 0 0
BellSouth Corporation Common USD1. Com 079860102 824 17,600 17,600 0 0 01 17,600 0 0
BellSouth Corporation Common USD1. Com 079860102 3,122 66,700 66,700 0 0 03 66,700 0 0
Berkshire Hathaway Inc. Cls. A USD Com 084670108 562 10 10 0 0 01 10 0 0
Berkshire Hathaway Inc. Cls. A USD Com 084670108 2,808 50 50 0 0 03 50 0 0
Best Buy Company Inc. Common USD0. Com 086516101 1,204 24,000 24,000 0 0 01 24,000 0 0
Best Buy Company Inc. Common USD0. Com 086516101 3,511 70,000 70,000 0 0 04 70,000 0 0
BMC Software Incorporated Common U Com 055921100 1,854 23,207 23,207 0 0 01 23,207 0 0
BMC Software Incorporated Common U Com 055921100 4,920 61,574 61,574 0 0 03 61,574 0 0
BMC Software Incorporated Common U Com 055921100 9,045 113,196 113,196 0 0 04 113,196 0 0
BMC Software Incorporated Common U Com 055921100 1,504 18,825 18,825 0 0 02 04 18,825 0 0
Bokum Resources Corporation Com. U Com 097500102 0 500 500 0 0 04 500 0 0
Bradley Real Estate Inc. Common US Com 104580105 348 20,000 20,000 0 0 01 20,000 0 0
Bradley Real Estate Inc. Common US Com 104580105 1,129 65,000 65,000 0 0 04 65,000 0 0
---------
50,763
<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>
Brauns Fashions Corporation Com. U Com 105658108 630 30,000 30,000 0 0 04 30,000 0 0
Bristol-Myers Squibb Co. Common US Com 110122108 2,666 41,510 41,510 0 0 01 41,510 0 0
Bristol-Myers Squibb Co. Common US Com 110122108 8,057 125,467 125,467 0 0 03 125,467 0 0
Bristol-Myers Squibb Co. Common US Com 110122108 9,262 144,227 144,227 0 0 04 144,227 0 0
Bristol-Myers Squibb Co. Common US Com 110122108 1,409 21,942 21,942 0 0 02 04 21,942 0 0
Burlington Resources Inc. Common U Com 122014103 661 20,000 20,000 0 0 01 20,000 0 0
Burlington Resources Inc. Common U Com 122014103 529 16,000 16,000 0 0 04 16,000 0 0
Chase Manhattan Corporation Com. U Com 16161A108 1,069 13,750 13,750 0 0 01 13,750 0 0
Chase Manhattan Corporation Com. U Com 16161A108 3,561 45,800 45,800 0 0 03 45,800 0 0
Check Point Software Tech. Ltd. IL Com M22465104 7,380 37,134 37,134 0 0 01 37,134 0 0
Check Point Software Tech. Ltd. IL Com M22465104 3,268 16,445 16,445 0 0 02 01 16,445 0 0
Check Point Software Tech. Ltd. IL Com M22465104 294 1,477 1,477 0 0 03 1,477 0 0
Check Point Software Tech. Ltd. IL Com M22465104 402 2,022 2,022 0 0 04 2,022 0 0
Chevron Corp. Common USD1.50 Com 166751107 268 3,100 3,100 0 0 01 3,100 0 0
Chevron Corp. Common USD1.50 Com 166751107 572 6,600 6,600 0 0 03 6,600 0 0
China Telecom (HK) ADR Rep. 20 Ord Com 169428109 170 1,320 1,320 0 0 04 1,320 0 0
Chubb Corporation Common USD1.00 Com 171232101 1,970 35,000 35,000 0 0 01 35,000 0 0
Chubb Corporation Common USD1.00 Com 171232101 2,927 52,000 52,000 0 0 04 52,000 0 0
Cisco Systems Incorporated Common Com 17275R102 4,033 37,659 37,659 0 0 01 37,659 0 0
Cisco Systems Incorporated Common Com 17275R102 12,374 115,546 115,546 0 0 03 115,546 0 0
Cisco Systems Incorporated Common Com 17275R102 11,975 111,815 111,815 0 0 04 111,815 0 0
Cisco Systems Incorporated Common Com 17275R102 1,860 17,369 17,369 0 0 02 04 17,369 0 0
Citigroup Incorporated Common USD0 Com 172967101 1,195 21,500 21,500 0 0 01 21,500 0 0
Citigroup Incorporated Common USD0 Com 172967101 4,289 77,200 77,200 0 0 03 77,200 0 0
Citigroup Incorporated Common USD0 Com 172967101 70 1,265 1,265 0 0 04 1,265 0 0
---------
80,891
<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>
Citipostal Incorporated Common USD Com 172907206 0 30,000 30,000 0 0 04 30,000 0 0
Citrix Systems Incorporated Com. U Com 177376100 2,330 18,944 18,944 0 0 01 18,944 0 0
Citrix Systems Incorporated Com. U Com 177376100 6,372 51,815 51,815 0 0 03 51,815 0 0
Citrix Systems Incorporated Com. U Com 177376100 11,150 90,672 90,672 0 0 04 90,672 0 0
Citrix Systems Incorporated Com. U Com 177376100 1,926 15,660 15,660 0 0 02 04 15,660 0 0
Clear Channel Comms. Inc. Common U Com 184502102 1,315 14,729 14,729 0 0 01 14,729 0 0
Clear Channel Comms. Inc. Common U Com 184502102 4,878 54,656 54,656 0 0 03 54,656 0 0
Clear Channel Comms. Inc. Common U Com 184502102 8,512 95,378 95,378 0 0 04 95,378 0 0
Clear Channel Comms. Inc. Common U Com 184502102 1,420 15,915 15,915 0 0 02 04 15,915 0 0
Clintrials Research Inc. Common US Com 188767107 19 4,500 4,500 0 0 01 4,500 0 0
Clintrials Research Inc. Common US Com 188767107 124 30,000 30,000 0 0 04 30,000 0 0
Coca-Cola Company Common USD0.25 Com 191216100 1,428 24,500 24,500 0 0 01 24,500 0 0
Coca-Cola Company Common USD0.25 Com 191216100 5,344 91,700 91,700 0 0 03 91,700 0 0
Colgate-Palmolive Company Common U Com 194162103 2,496 38,425 38,425 0 0 01 38,425 0 0
Colgate-Palmolive Company Common U Com 194162103 9,203 141,652 141,652 0 0 03 141,652 0 0
Colgate-Palmolive Company Common U Com 194162103 11,653 179,367 179,367 0 0 04 179,367 0 0
Colgate-Palmolive Company Common U Com 194162103 1,955 30,088 30,088 0 0 02 04 30,088 0 0
Columbian Northland Common NPV Com 198675100 0 6,000 6,000 0 0 04 6,000 0 0
Computer Associates Intl. Com. USD Com 204912109 2,315 33,100 33,100 0 0 01 33,100 0 0
Computer Associates Intl. Com. USD Com 204912109 6,202 88,684 88,684 0 0 03 88,684 0 0
Computer Associates Intl. Com. USD Com 204912109 11,031 157,733 157,733 0 0 04 157,733 0 0
Computer Associates Intl. Com. USD Com 204912109 1,795 25,659 25,659 0 0 02 04 25,659 0 0
Comverse Technology Inc. Common US Com 205862402 151 1,044 1,044 0 0 04 1,044 0 0
Consolidated Tomoka Land Common US Com 210226106 76 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
---------
91,695
<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>
DaimlerChrysler AG Ordinary (Reg.) Com D1668R123 843 10,772 10,772 0 0 03 10,772 0 0
Dell Computers Corporation Com. US Com 247025109 1,604 31,462 31,462 0 0 01 31,462 0 0
Dell Computers Corporation Com. US Com 247025109 4,224 82,878 82,878 0 0 03 82,878 0 0
Dell Computers Corporation Com. US Com 247025109 7,840 153,811 153,811 0 0 04 153,811 0 0
Dell Computers Corporation Com. US Com 247025109 1,218 23,903 23,903 0 0 02 04 23,903 0 0
Delta & Pine Land Inc. Common USD0 Com 247357106 1,824 105,000 105,000 0 0 01 105,000 0 0
Delta & Pine Land Inc. Common USD0 Com 247357106 921 53,000 53,000 0 0 04 53,000 0 0
Dial Corporation Common USD1.50 Com 25247D101 1,219 50,000 50,000 0 0 04 50,000 0 0
ECCS Incorporated Common USD0.01 Com 26825H100 1,262 100,000 100,000 0 0 04 100,000 0 0
Elcom International Inc. Com. USD0 Com 284434107 3,334 98,500 98,500 0 0 04 98,500 0 0
EMC Corporation (Mass) Common USD0 Com 268648102 838 7,667 7,667 0 0 01 7,667 0 0
EMC Corporation (Mass) Common USD0 Com 268648102 3,456 31,638 31,638 0 0 03 31,638 0 0
EMC Corporation (Mass) Common USD0 Com 268648102 5,114 46,808 46,808 0 0 04 46,808 0 0
EMC Corporation (Mass) Common USD0 Com 268648102 833 7,629 7,629 0 0 02 04 7,629 0 0
Emerson Electric Common USD1.00 Com 291011104 364 6,350 6,350 0 0 01 6,350 0 0
Emerson Electric Common USD1.00 Com 291011104 1,669 29,100 29,100 0 0 03 29,100 0 0
Esat Telecom Group PLC-ADR Com 26883Y102 1,632 17,600 0 17,600 0 03 17,600 0 0
ESG Re Limited Common USD1.00 Com G31215109 590 85,000 85,000 0 0 01 85,000 0 0
ESG Re Limited Common USD1.00 Com G31215109 104 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 409 8,100 8,100 0 0 03 8,100 0 0
Exxon Mobil Corporation NPV Com 30231G102 767 9,512 9,512 0 0 01 9,512 0 0
Exxon Mobil Corporation NPV Com 30231G102 1,724 21,386 21,386 0 0 03 21,386 0 0
Fairfield Communities Inc. Com. US Com 304231301 860 80,000 80,000 0 0 01 80,000 0 0
Fairfield Communities Inc. Com. US Com 304231301 731 68,000 68,000 0 0 04 68,000 0 0
---------
43,439
<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>
Fannie Mae Common NPV Com 313586109 921 14,750 14,750 0 0 01 14,750 0 0
Fannie Mae Common NPV Com 313586109 3,305 52,900 52,900 0 0 03 52,900 0 0
Fiserv Incorporated Common USD0.01 Com 337738108 1,101 28,795 28,795 0 0 01 28,795 0 0
Fiserv Incorporated Common USD0.01 Com 337738108 2,503 65,431 65,431 0 0 03 65,431 0 0
Fiserv Incorporated Common USD0.01 Com 337738108 4,733 123,746 123,746 0 0 04 123,746 0 0
Fiserv Incorporated Common USD0.01 Com 337738108 771 20,153 20,153 0 0 02 04 20,153 0 0
Foamex International Inc. Com. USD Com 344123104 1,656 200,000 200,000 0 0 01 200,000 0 0
Foamex International Inc. Com. USD Com 344123104 5,076 613,000 613,000 0 0 04 613,000 0 0
Ford Motor Company Common USD1.00 Com 345370100 1,150 21,518 21,518 0 0 01 21,518 0 0
Ford Motor Company Common USD1.00 Com 345370100 3,564 66,700 66,700 0 0 03 66,700 0 0
Fortune Brands Inc. Common USD3.12 Com 349631101 3,309 100,000 100,000 0 0 01 100,000 0 0
Fortune Brands Inc. Common USD3.12 Com 349631101 1,655 50,000 50,000 0 0 04 50,000 0 0
Fox Entertainment Group - Cls. A U Com 35138T107 489 19,600 19,600 0 0 01 19,600 0 0
Fox Entertainment Group - Cls. A U Com 35138T107 1,559 62,500 62,500 0 0 03 62,500 0 0
Freddie Mac Common USD0.21 Com 313400301 2,308 49,000 49,000 0 0 01 49,000 0 0
Freddie Mac Common USD0.21 Com 313400301 4,870 103,404 103,404 0 0 03 103,404 0 0
Freddie Mac Common USD0.21 Com 313400301 10,008 212,509 212,509 0 0 04 212,509 0 0
Freddie Mac Common USD0.21 Com 313400301 1,652 35,087 35,087 0 0 02 04 35,087 0 0
Fred's Incorporated Class A Common Com 356108100 1,499 94,250 94,250 0 0 01 94,250 0 0
Fremont General Corp. Common USD1. Com 357288109 730 99,000 99,000 0 0 04 99,000 0 0
General Electric Co. Amer. Com. US Com 369604103 2,065 13,350 13,350 0 0 01 13,350 0 0
General Electric Co. Amer. Com. US Com 369604103 8,386 54,200 54,200 0 0 03 54,200 0 0
Genset SA Spons. ADS - Each Rep. 1 Com 37244T104 620 32,500 0 32,500 0 03 32,500 0 0
Gerber Scientific Common USD1.00 Com 373730100 878 40,000 40,000 0 0 01 40,000 0 0
Gerber Scientific Common USD1.00 Com 373730100 987 45,000 45,000 0 0 04 45,000 0 0
---------
65,795
<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>
Gilat Satellite Netwk. Ltd. Ord. I Com M51474100 194 1,637 1,637 0 0 04 1,637 0 0
Gillette Company Common USD1.00 Com 375766102 608 14,750 14,750 0 0 01 14,750 0 0
Gillette Company Common USD1.00 Com 375766102 2,335 56,700 56,700 0 0 03 56,700 0 0
Grupo Tele. GDR (Rep. 2 Ord. Ptg. Com 40049J206 120 1,760 1,760 0 0 04 1,760 0 0
Hecla Mining Company Common USD0.2 Com 422704106 1,594 1,000,000 1,000,000 0 0 04 1,000,000 0 0
Heinz (HJ) Company Common USD0.25 Com 423074103 398 10,000 10,000 0 0 04 10,000 0 0
Hewlett Packard Corp. Common USD1. Com 428236103 952 8,350 8,350 0 0 01 8,350 0 0
Hewlett Packard Corp. Common USD1. Com 428236103 3,169 27,800 27,800 0 0 03 27,800 0 0
Home Depot Incorporated Common USD Com 437076102 1,195 17,416 17,416 0 0 01 17,416 0 0
Home Depot Incorporated Common USD Com 437076102 3,054 44,516 44,516 0 0 03 44,516 0 0
Home Depot Incorporated Common USD Com 437076102 5,661 82,528 82,528 0 0 04 82,528 0 0
Home Depot Incorporated Common USD Com 437076102 893 13,022 13,022 0 0 02 04 13,022 0 0
Honeywell Intl Inc Com USD1 Com 438516106 678 11,750 11,750 0 0 01 11,750 0 0
Honeywell Intl Inc Com USD1 Com 438516106 2,532 43,900 43,900 0 0 03 43,900 0 0
Hong Kong Land Hdgs. Ltd. Common U Com G4587L109 1,178 793,000 793,000 0 0 01 793,000 0 0
Hong Kong Land Hdgs. Ltd. Common U Com G4587L109 14,529 9,784,000 9,784,000 0 0 02 01 9,784,000 0 0
Hong Kong Land Hdgs. Ltd. Common U Com G4587L109 2,392 1,611,000 1,611,000 0 0 03 1,611,000 0 0
Hong Kong Land Hdgs. Ltd. Common U Com G4587L109 5,284 3,558,000 3,558,000 0 0 02 04 3,558,000 0 0
ICU Medical Incorporated Common US Com 44930G107 922 60,000 60,000 0 0 04 60,000 0 0
Immunomed Incorporated Common USD0 Com 452907108 0 24,922 24,922 0 0 04 24,922 0 0
IMS Health Incorporated Common USD Com 449934108 694 25,541 25,541 0 0 01 25,541 0 0
IMS Health Incorporated Common USD Com 449934108 2,259 83,198 83,198 0 0 03 83,198 0 0
IMS Health Incorporated Common USD Com 449934108 3,321 122,278 122,278 0 0 04 122,278 0 0
IMS Health Incorporated Common USD Com 449934108 503 18,508 18,508 0 0 02 04 18,508 0 0
Intel Corporation Common USD0.001 Com 458140100 4,648 56,486 56,486 0 0 01 56,486 0 0
---------
59,112
<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>
Intel Corporation Common USD0.001 Com 458140100 14,801 179,879 179,879 0 0 03 179,879 0 0
Intel Corporation Common USD0.001 Com 458140100 8,937 108,610 108,610 0 0 04 108,610 0 0
Intel Corporation Common USD0.001 Com 458140100 1,297 15,761 15,761 0 0 02 04 15,761 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 361 8,400 8,400 0 0 01 8,400 0 0
Intl. Business Machines Corp. USD0 Com 459200101 632 5,850 5,850 0 0 01 5,850 0 0
Intuit Incorporated Common USD0.01 Com 461202103 2,381 39,750 0 39,750 0 03 39,750 0 0
IPI Incorporated Common USD0.01 Com 449804103 620 236,000 236,000 0 0 04 236,000 0 0
Isolyser Company Inc. Common USD0. Com 464888106 297 100,000 100,000 0 0 04 100,000 0 0
Johnson & Johnson Common USD1.00 Com 478160104 2,009 21,568 21,568 0 0 01 21,568 0 0
Johnson & Johnson Common USD1.00 Com 478160104 7,224 77,575 77,575 0 0 03 77,575 0 0
Johnson & Johnson Common USD1.00 Com 478160104 5,713 61,344 61,344 0 0 04 61,344 0 0
Johnson & Johnson Common USD1.00 Com 478160104 988 10,607 10,607 0 0 02 04 10,607 0 0
Jumbosports Incorporated Common US Com 849168109 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
Kerr-McGee Corporation Common USD1 Com 492386107 744 12,000 0 12,000 0 03 12,000 0 0
Keystone Automotive Ind. Inc. USD0 Com 49338N109 1,172 200,000 200,000 0 0 01 200,000 0 0
Keystone Automotive Ind. Inc. USD0 Com 49338N109 498 85,000 85,000 0 0 04 85,000 0 0
Korea Elec. Power Spon ADR Com 500631106 80 4,772 4,772 0 0 04 4,772 0 0
Liberty Digital Inc. Cls. A Com. U Com 530436104 1,115 15,000 15,000 0 0 01 15,000 0 0
Liberty Digital Inc. Cls. A Com. U Com 530436104 372 5,000 5,000 0 0 04 5,000 0 0
Linear Technology Corporation Comm Com 535678106 805 11,252 11,252 0 0 01 11,252 0 0
Linear Technology Corporation Comm Com 535678106 3,530 49,332 49,332 0 0 03 49,332 0 0
Linear Technology Corporation Comm Com 535678106 4,823 67,390 67,390 0 0 04 67,390 0 0
Linear Technology Corporation Comm Com 535678106 795 11,106 11,106 0 0 02 04 11,106 0 0
---------
59,191
<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>
Lucent Technologies Inc. Common US Com 549463107 1,253 16,749 16,749 0 0 01 16,749 0 0
Lucent Technologies Inc. Common US Com 549463107 3,381 45,198 45,198 0 0 03 45,198 0 0
Lucent Technologies Inc. Common US Com 549463107 6,136 82,012 82,012 0 0 04 82,012 0 0
Lucent Technologies Inc. Common US Com 549463107 1,069 14,289 14,289 0 0 02 04 14,289 0 0
Magyar Tavkozlesi Rt Spon. ADR Rep Com 559776109 172 4,778 4,778 0 0 04 4,778 0 0
Marsh & McLennan Common USD1 Com 571748102 933 9,750 9,750 0 0 01 9,750 0 0
Marsh & McLennan Common USD1 Com 571748102 3,258 34,050 34,050 0 0 03 34,050 0 0
Matrix Pharmaceuticals Inc. Com. U Com 576844104 189 40,000 40,000 0 0 04 40,000 0 0
McDonald's Corporation Common NPV Com 580135101 1,800 44,692 44,692 0 0 01 44,692 0 0
McDonald's Corporation Common NPV Com 580135101 5,939 147,438 147,438 0 0 03 147,438 0 0
McDonald's Corporation Common NPV Com 580135101 5,503 136,620 136,620 0 0 04 136,620 0 0
McDonald's Corporation Common NPV Com 580135101 812 20,152 20,152 0 0 02 04 20,152 0 0
McGraw-Hill Inc. Cos. Common USD1. Com 480645109 724 11,750 11,750 0 0 01 11,750 0 0
McGraw-Hill Inc. Cos. Common USD1. Com 480645109 2,564 41,600 41,600 0 0 03 41,600 0 0
Medtronic Incorporated Common USD0 Com 585055106 834 22,901 22,901 0 0 01 22,901 0 0
Medtronic Incorporated Common USD0 Com 585055106 2,041 56,021 56,021 0 0 03 56,021 0 0
Medtronic Incorporated Common USD0 Com 585055106 3,889 106,724 106,724 0 0 04 106,724 0 0
Medtronic Incorporated Common USD0 Com 585055106 611 16,771 16,771 0 0 02 04 16,771 0 0
Merck & Company Incorporated Commo Com 589331107 2,105 31,383 31,383 0 0 01 31,383 0 0
Merck & Company Incorporated Commo Com 589331107 7,080 105,571 105,571 0 0 03 105,571 0 0
Merck & Company Incorporated Commo Com 589331107 4,162 62,062 62,062 0 0 04 62,062 0 0
Merck & Company Incorporated Commo Com 589331107 676 10,087 10,087 0 0 02 04 10,087 0 0
Merrill Lynch & Co. Common USD1.33 Com 590188108 1,035 12,400 12,400 0 0 03 12,400 0 0
Microsoft Corporation Com. USD0.00 Com 594918104 5,388 46,159 46,159 0 0 01 46,159 0 0
Microsoft Corporation Com. USD0.00 Com 594918104 16,446 140,899 140,899 0 0 03 140,899 0 0
---------
78,000
<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>
Microsoft Corporation Com. USD0.00 Com 594918104 17,828 152,742 152,742 0 0 04 152,742 0 0
Microsoft Corporation Com. USD0.00 Com 594918104 3,089 26,467 26,467 0 0 02 04 26,467 0 0
Mitek Systems Inc. Common USD0.001 Com 606710200 1,498 350,000 350,000 0 0 04 350,000 0 0
Monsanto Corporation Common USD2.0 Com 611662107 1,175 33,000 33,000 0 0 01 33,000 0 0
Monsanto Corporation Common USD2.0 Com 611662107 1,637 46,000 46,000 0 0 04 46,000 0 0
Morgan Keegan Incorporated Com. US Com 617410105 1,172 70,000 70,000 0 0 04 70,000 0 0
Nat. Australia Bk. 7.875% Pref. (U Pref 632525309 541 19,600 19,600 0 0 04 19,600 0 0
Neopharm Incorporated Common USD0. Com 640919106 1,432 66,400 66,400 0 0 01 66,400 0 0
Neopharm Incorporated Common USD0. Com 640919106 4,770 221,200 221,200 0 0 04 221,200 0 0
News Corp. Ltd. Cv. Pref. 5% (New Pref YY5015119 4,615 31,500 31,500 0 0 01 31,500 0 0
News Corp. Spon. ADR Rep. 4 Pref. Pref 652487802 60 1,800 1,800 0 0 01 1,800 0 0
News Corp. Spon. ADR Rep. 4 Pref. Pref 652487802 392 11,700 11,700 0 0 03 11,700 0 0
NICE Systems Ltd. Spons. ADR Rep. Com 653656108 59 1,198 1,198 0 0 04 1,198 0 0
Norfolk Southern Corp. Com. USD1.0 Com 655844108 361 17,600 17,600 0 0 01 17,600 0 0
Norfolk Southern Corp. Com. USD1.0 Com 655844108 1,351 65,900 65,900 0 0 03 65,900 0 0
Omnicom Group Incorporated Com. US Com 681919106 1,013 10,121 10,121 0 0 01 10,121 0 0
Omnicom Group Incorporated Com. US Com 681919106 3,868 38,654 38,654 0 0 03 38,654 0 0
Omnicom Group Incorporated Com. US Com 681919106 6,929 69,246 69,246 0 0 04 69,246 0 0
Omnicom Group Incorporated Com. US Com 681919106 1,136 11,348 11,348 0 0 02 04 11,348 0 0
OpTel Incorporated Com 683817100 0 500 0 500 0 01 500 0 0
Opto Mechanik Inc. Common USD0.10 Com 683891103 0 75,000 75,000 0 0 04 75,000 0 0
Oracle Corporation Common USD0.01 Com 68389X105 3,548 31,670 31,670 0 0 01 31,670 0 0
Oracle Corporation Common USD0.01 Com 68389X105 8,368 74,691 74,691 0 0 03 74,691 0 0
Oracle Corporation Common USD0.01 Com 68389X105 15,830 141,301 141,301 0 0 04 141,301 0 0
Oracle Corporation Common USD0.01 Com 68389X105 2,427 21,664 21,664 0 0 02 04 21,664 0 0
---------
83,098
<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>
ORS Automation Incorporated Common Com 671017101 0 20,000 0 20,000 0 03 20,000 0 0
ORS Automation Incorporated Common Com 671017101 0 15,000 15,000 0 0 04 15,000 0 0
OTP Bank Rt. Sponsored GDR Com X60746116 103 1,768 1,768 0 0 04 1,768 0 0
Oxigene Incorporated Common USD0.0 Com 691828107 783 50,000 50,000 0 0 04 50,000 0 0
Palm Harbor Homes Inc. Com. USD0.0 Com 696639103 179 9,765 9,765 0 0 01 9,765 0 0
Party City Corp. Common USD0.01 Com 702145103 8 7,500 7,500 0 0 01 7,500 0 0
PepsiCo Incorporated Common USD0.0 Com 713448108 759 21,500 21,500 0 0 01 21,500 0 0
PepsiCo Incorporated Common USD0.0 Com 713448108 2,614 74,100 74,100 0 0 03 74,100 0 0
Pfizer Incorporated Common USD0.05 Com 717081103 1,842 56,850 56,850 0 0 01 56,850 0 0
Pfizer Incorporated Common USD0.05 Com 717081103 6,481 200,000 200,000 0 0 03 200,000 0 0
Philip Morris Co. Common USD0.3333 Com 718154107 639 27,500 27,500 0 0 01 27,500 0 0
Philip Morris Co. Common USD0.3333 Com 718154107 1,950 84,000 84,000 0 0 03 84,000 0 0
Phoenix International Inc. Com. US Com 719078107 174 45,000 45,000 0 0 04 45,000 0 0
Point of Sale Limited Common ILS1. Com M7945W108 734 50,000 50,000 0 0 01 50,000 0 0
Point of Sale Limited Common ILS1. Com M7945W108 1,836 125,000 125,000 0 0 04 125,000 0 0
Policy Management Systems Corp. US Com 731108106 2,556 100,000 100,000 0 0 01 100,000 0 0
Policy Management Systems Corp. US Com 731108106 1,074 42,000 42,000 0 0 04 42,000 0 0
Polo Ralph Lauren Corp. Class A US Com 731572103 495 28,900 28,900 0 0 03 28,900 0 0
Power-One Incorporated Common USD0 Com 739308104 4,581 100,000 100,000 0 0 01 100,000 0 0
Power-One Incorporated Common USD0 Com 739308104 6,185 135,000 135,000 0 0 04 135,000 0 0
Priam Corp. Com. NPV Com 741400105 0 150,000 150,000 0 0 04 150,000 0 0
Procter & Gamble Common NPV Com 742718109 915 8,350 8,350 0 0 01 8,350 0 0
Procter & Gamble Common NPV Com 742718109 3,462 31,600 31,600 0 0 03 31,600 0 0
Procter & Gamble Common NPV Com 742718109 70 636 636 0 0 04 636 0 0
Professional Staff PLC Spons. ADR Com 74315R105 148 27,000 27,000 0 0 01 27,000 0 0
---------
37,588
<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>
Professional Staff PLC Spons. ADR Com 74315R105 264 48,000 48,000 0 0 04 48,000 0 0
Progressive Corporation Common USD Com 743315103 1,462 20,000 0 20,000 0 03 20,000 0 0
Reinsurance Group of Amer. Inc. US Com 759351109 1,257 45,334 0 45,334 0 03 45,334 0 0
Rockwell Intl. Corp. Common USD1.0 Com 773903109 275 5,750 5,750 0 0 01 5,750 0 0
Rockwell Intl. Corp. Common USD1.0 Com 773903109 1,425 29,800 29,800 0 0 03 29,800 0 0
SBC Communications Inc. Common USD Com 78387G103 862 17,664 17,664 0 0 01 17,664 0 0
SBC Communications Inc. Common USD Com 78387G103 3,933 80,620 80,620 0 0 03 80,620 0 0
Schering-Plough Corp. Com. USD1.00 Com 806605101 785 18,613 18,613 0 0 01 18,613 0 0
Schering-Plough Corp. Com. USD1.00 Com 806605101 2,191 51,982 51,982 0 0 03 51,982 0 0
Schering-Plough Corp. Com. USD1.00 Com 806605101 4,280 101,533 101,533 0 0 04 101,533 0 0
Schering-Plough Corp. Com. USD1.00 Com 806605101 803 19,050 19,050 0 0 02 04 19,050 0 0
Sea Containers Class B Common USD0 Com 811371103 531 20,000 20,000 0 0 04 20,000 0 0
Siebel Systems Inc. Common USD0.00 Com 826170102 1,634 19,449 19,449 0 0 01 19,449 0 0
Siebel Systems Inc. Common USD0.00 Com 826170102 4,994 59,450 59,450 0 0 03 59,450 0 0
Siebel Systems Inc. Common USD0.00 Com 826170102 8,321 99,065 99,065 0 0 04 99,065 0 0
Siebel Systems Inc. Common USD0.00 Com 826170102 1,487 17,702 17,702 0 0 02 04 17,702 0 0
Sierra Health Services Common USD0 Com 826322109 52 7,800 7,800 0 0 01 7,800 0 0
Sierra Health Services Common USD0 Com 826322109 743 111,550 111,550 0 0 04 111,550 0 0
Sierra Home Services Common (ESCRO Com 826323107 0 50,000 50,000 0 0 04 50,000 0 0
SK Telecom Co. Ltd. ADR (Rep. 1/90 Com 78440P108 102 2,675 2,675 0 0 04 2,675 0 0
Sprint Corporation Common USD2.50 Com 852061100 3,367 50,000 50,000 0 0 01 50,000 0 0
Sprint Corporation Common USD2.50 Com 852061100 4,108 61,000 61,000 0 0 04 61,000 0 0
St. Joe Corporation Common NPV Com 790148100 992 40,800 0 40,800 0 03 40,800 0 0
Starbucks Corporation Common NPV Com 855244109 789 32,511 32,511 0 0 01 32,511 0 0
Starbucks Corporation Common NPV Com 855244109 1,710 70,412 70,412 0 0 03 70,412 0 0
---------
46,367
<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>
Starbucks Corporation Common NPV Com 855244109 3,544 145,940 145,940 0 0 04 145,940 0 0
Starbucks Corporation Common NPV Com 855244109 569 23,423 23,423 0 0 02 04 23,423 0 0
Sterling Software Common USD0.10 Com 859547101 1,575 50,000 50,000 0 0 01 50,000 0 0
Sterling Software Common USD0.10 Com 859547101 1,991 63,220 63,220 0 0 04 63,220 0 0
Suntrust Banks Incorporated Com. U Com 867914103 740 10,750 10,750 0 0 01 10,750 0 0
Suntrust Banks Incorporated Com. U Com 867914103 2,525 36,700 36,700 0 0 03 36,700 0 0
Synalloy Corporation Common USD1.0 Com 871565107 262 33,750 33,750 0 0 04 33,750 0 0
Syquest Technology Inc. Common USD Com 871660106 0 104,000 104,000 0 0 04 104,000 0 0
TCI Satellite Entmnt. Com. USD0.01 Com 872298104 1,341 84,000 84,000 0 0 01 84,000 0 0
TCI Satellite Entmnt. Com. USD0.01 Com 872298104 256 16,000 16,000 0 0 04 16,000 0 0
Telefonos de Mexico SA - Spon. ADR Com 879403780 162 1,442 1,442 0 0 04 1,442 0 0
Tellabs Incorporated Common USD0.0 Com 879664100 1,320 20,572 20,572 0 0 01 20,572 0 0
Tellabs Incorporated Common USD0.0 Com 879664100 3,561 55,503 55,503 0 0 03 55,503 0 0
Tellabs Incorporated Common USD0.0 Com 879664100 6,471 100,870 100,870 0 0 04 100,870 0 0
Tellabs Incorporated Common USD0.0 Com 879664100 1,124 17,527 17,527 0 0 02 04 17,527 0 0
Titan Corporation Common USD0.01 Com 888266103 1,244 26,400 26,400 0 0 01 26,400 0 0
Titan Corporation Common USD0.01 Com 888266103 5,038 106,900 106,900 0 0 04 106,900 0 0
Ultrak Incorporated Common NPV Com 903898401 391 50,000 50,000 0 0 04 50,000 0 0
United Auto Group Inc. Common USD0 Com 909440109 1,769 200,000 200,000 0 0 01 200,000 0 0
United Auto Group Inc. Common USD0 Com 909440109 1,990 225,000 225,000 0 0 04 225,000 0 0
USA Truck Incorporated Common USD0 Com 902925106 788 100,000 100,000 0 0 01 100,000 0 0
USA Truck Incorporated Common USD0 Com 902925106 835 106,000 106,000 0 0 04 106,000 0 0
USX-Marathon Group Common USD1 Com 902905827 991 40,000 0 40,000 0 03 40,000 0 0
VERITAS Software Corp. Common USD0 Com 923436109 1,553 10,855 10,855 0 0 01 10,855 0 0
VERITAS Software Corp. Common USD0 Com 923436109 4,881 34,111 34,111 0 0 03 34,111 0 0
---------
44,920
<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>
VERITAS Software Corp. Common USD0 Com 923436109 9,065 63,351 63,351 0 0 04 63,351 0 0
VERITAS Software Corp. Common USD0 Com 923436109 1,629 11,385 11,385 0 0 02 04 11,385 0 0
Viacom Inc. Cls. B Non-Vtg. Com. U Com 925524308 589 9,750 9,750 0 0 01 0 0 9,750
Viad Corporation Common USD1.50 Com 92552R109 2,840 102,000 102,000 0 0 04 102,000 0 0
Videsh Sanchar Nigam Ltd. GDR Rep. Com Y9371X110 3,690 150,000 150,000 0 0 02 01 150,000 0 0
Visual Technology Inc. Common USD0 Com 928455203 0 800 800 0 0 04 800 0 0
Vitesse Semiconductor Corp. Com. U Com 928497106 351 6,706 6,706 0 0 01 6,706 0 0
Vitesse Semiconductor Corp. Com. U Com 928497106 1,016 19,394 19,394 0 0 03 19,394 0 0
Vitesse Semiconductor Corp. Com. U Com 928497106 1,727 32,954 32,954 0 0 04 32,954 0 0
Vitesse Semiconductor Corp. Com. U Com 928497106 301 5,752 5,752 0 0 02 04 5,752 0 0
Waddell & Reed Finl. Inc. Cls. B U Com 930059209 258 10,300 0 10,300 0 03 10,300 0 0
Walgreen Company Common USD0.625 Com 931422109 918 31,350 31,350 0 0 01 31,350 0 0
Walgreen Company Common USD0.625 Com 931422109 2,949 100,700 100,700 0 0 03 100,700 0 0
Wal-Mart Stores Common USD0.10 Com 931142103 1,932 27,953 27,953 0 0 01 27,953 0 0
Wal-Mart Stores Common USD0.10 Com 931142103 7,900 114,282 114,282 0 0 03 114,282 0 0
Wal-Mart Stores Common USD0.10 Com 931142103 5,713 82,649 82,649 0 0 04 82,649 0 0
Wal-Mart Stores Common USD0.10 Com 931142103 877 12,692 12,692 0 0 02 04 12,692 0 0
Warner-Lambert Company Common USD1 Com 934488107 1,217 14,849 14,849 0 0 01 14,849 0 0
Warner-Lambert Company Common USD1 Com 934488107 2,524 30,788 30,788 0 0 03 30,788 0 0
Warner-Lambert Company Common USD1 Com 934488107 5,442 66,392 66,392 0 0 04 66,392 0 0
Warner-Lambert Company Common USD1 Com 934488107 700 8,540 8,540 0 0 02 04 8,540 0 0
XL Capital Limited Class A USD0.01 Com G98255105 2,591 50,000 50,000 0 0 01 50,000 0 0
XL Capital Limited Class A USD0.01 Com G98255105 207 4,000 4,000 0 0 04 4,000 0 0
Yellow Corporation Common USD1.00 Com 985509108 2,536 150,000 150,000 0 0 04 150,000 0 0
Zagrebacka Banka GDR (Rep. 1 Ord.: Com 988849204 1,192 100,000 0 100,000 0 03 100,000 0 0
---------
58,167
=========
859,189
</TABLE>
