UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
Form 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: December 31, 1999
Institutional Investment Manager Filing this Report:
Name: General American Investors Company, Inc.
Address: 450 Lexington Avenue, Suite 3300
New York, NY 10017
13F File Number: 28-461
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:
Name: Eugene L. DeStaebler, Jr.
Title: Vice-President, Administration
Phone: 212-916-8400
Signature, Place and Date of Signing:
Eugene L. DeStaebler, Jr. New York, NY February 10, 2000
Report Type (Check only one.):
[x] 13F HOLDINGS REPORT
[ ] 13F NOTICE
[ ] 13F COMBINATION REPORT
List of Other Managers Reporting for this Manager:
NONE
I am signing this report as required by the Securities Exchange Act of 1934.
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FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 66
Form 13F Information Table Value Total: $1,006,502,783
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NAME OF ISSUER TITLE CUSIP FAIR SHARES OR INVEST. DISC. OTHER VOTING AUTHORITY
OF NUMBER MARKET PRINCIPAL SH/ SHARED MGRS.
CLASS VALUE AMOUNT PRN SOLE SHARED OTHER SOLE SHARED NONE
(A) (B) (C) (A) (B) (C)
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<S> <C> <C> <C>
Adams Express Company COMMON 006212104 1,619,314 48,247 SH X 48,247
American International Gro COMMON 026874107 16,218,750 150,000 SH X 150,000
Alkermes, Inc. COMMON 01642T108 2,456,250 50,000 SH X 50,000
Annuity and Life Re (Holdi COMMON G03910109 13,650,313 522,500 SH X 522,500
AmerUs Life Holdings, Inc. COMMON 030732101 10,350,000 450,000 SH X 450,000
AMR Corporation COMMON 001765106 23,450,000 350,000 SH X 350,000
Buffets, Inc. COMMON 119882108 16,375,000 1,637,500 SH X 1,637,500
BioReliance Corporation COMMON 090951104 1,812,844 317,000 SH X 317,000
Berkshire Hathaway Inc. COMMON 084670108 17,671,500 315 SH X 315
Brooks Automation, Inc. COMMON 11434A100 1,709,531 52,500 SH X 52,500
CCB Financial Corp. COMMON 124875105 6,752,188 155,000 SH X 155,000
Central Securities Corpora COMMON 155123102 1,791,960 65,760 SH X 65,760
Consolidated Stores Corpor COMMON 210149100 6,093,750 375,000 SH X 375,000
Cox Communications, Inc. - COMMON 224044107 33,175,270 644,180 SH X 644,180
Cisco Systems, Inc. COMMON 17275R102 44,992,500 420,000 SH X 420,000
C-Cube Microsystems Inc. COMMON 125015107 9,337,500 150,000 SH X 150,000
Covance Inc. COMMON 222816100 4,865,625 450,000 SH X 450,000
DuPont Photomasks, Inc. COMMON 26613X101 5,790,000 120,000 SH X 120,000
EMCORE Corporation COMMON 290846104 10,030,000 295,000 SH X 295,000
Ethan Allen Interiors, Inc COMMON 297602104 1,603,125 50,000 SH X 50,000
Ford Motor Company COMMON 345370100 34,653,125 650,000 SH X 650,000
First Midwest Bancorp, Inc COMMON 320867104 10,931,250 412,500 SH X 412,500
Golden West Financial COMMON 381317106 16,080,000 480,000 SH X 480,000
GelTex Pharmaceuticals, In COMMON 368538104 6,854,688 535,000 SH X 535,000
Huntington Bancshares COMMON 446150104 4,595,938 192,500 SH X 192,500
The Home Depot, Inc. COMMON 437076102 147,468,750 2,145,000 SH X 2,145,000
Huntingdon Life Sciences COMMON 445891203 491,719 524,500 SH X 524,500
IDEC Pharmaceuticals Corpo COMMON 449370105 58,458,750 595,000 SH X 595,000
Interim Services Inc. COMMON 45868P100 9,900,000 400,000 SH X 400,000
Johnson & Johnson COMMON 478160104 11,917,350 127,800 SH X 127,800
Lam Research Corporation COMMON 512807108 59,685,938 535,000 SH X 535,000
Magainin Pharmaceuticals I COMMON 559036108 489,375 270,000 SH X 270,000
Manugistics Group, Inc. COMMON 565011103 10,663,125 330,000 SH X 330,000
MetaCreations Corporation COMMON 591016100 2,363,281 275,000 SH X 275,000
Medtronic, Inc. COMMON 585055106 10,931,250 300,000 SH X 300,000
MedImmune, Inc. COMMON 584699102 24,257,394 146,239 SH X 146,239
Philip Morris Companies In COMMON 718154107 5,750,000 250,000 SH X 250,000
Molex Incorporated Class A COMMON 608554200 22,511,875 497,500 SH X 497,500
M&T Bank Corporation COMMON 55261F104 18,641,250 45,000 SH X 45,000
Annaly Mortgage Management COMMON 035710409 4,812,500 550,000 SH X 550,000
NTL Incorporated COMMON 629407107 31,499,375 252,500 SH X 252,500
Ortel Corporation COMMON 68749W102 5,100,000 42,500 SH X 42,500
PairGain Technologies, Inc COMMON 695934109 3,192,188 225,000 SH X 225,000
pcOrder.com, Inc. COMMON 70453H107 2,295,000 45,000 SH X 45,000
PepsiCo, Inc. COMMON 713448108 7,050,000 200,000 SH X 200,000
Pfizer Inc. COMMON 717081103 28,707,188 885,000 SH X 885,000
PRI Automation, Inc. COMMON 69357H106 16,445,625 245,000 SH X 245,000
Quintiles Transnational Co COMMON 748767100 4,671,875 250,000 SH X 250,000
Everest Reinsurance Holdin COMMON 299808105 18,965,625 850,000 SH X 850,000
Repsol, S.A. - ADR COMMON 76026T205 16,275,000 700,000 SH X 700,000
Reinsurance Group of Ameri COMMON 759351109 4,023,750 145,000 SH X 145,000
ReliaStar Financial Corp. COMMON 75952U103 11,364,375 290,000 SH X 290,000
Royce Value Trust COMMON 780910105 763,585 58,454 SH X 58,454
Seagate Technology, Inc. COMMON 811804103 20,021,875 430,000 SH X 430,000
Saks Incorporated COMMON 79377W108 9,337,500 600,000 SH X 600,000
Sun Trust Banks, Inc. COMMON 867914103 16,170,938 235,000 SH X 235,000
The ServiceMaster Company COMMON 81760N109 9,683,781 786,500 SH X 786,500
The TJX Companies, Inc. COMMON 872540109 17,371,875 850,000 SH X 850,000
TriQuint Semiconductor, In COMMON 89674K103 3,671,250 33,000 SH X 33,000
Transatlantic Holdings, In COMMON 893521104 15,612,500 200,000 SH X 200,000
Tri-Continental Corporatio COMMON 895436103 1,478,518 53,041 SH X 53,041
Uniroyal Technology Corpor COMMON 909163107 9,894,000 388,000 SH X 388,000
Wind River Systems, Inc. COMMON 973149107 7,325,000 200,000 SH X 200,000
Waste Management, Inc. COMMON 94106L109 7,098,438 413,000 SH X 413,000
Wal-Mart Stores, Inc. COMMON 931142103 39,401,250 570,000 SH X 570,000
XL Capital Ltd. COMMON G98255105 7,879,294 151,890 SH X 151,890
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