0000930413-13-002843.txt : 20130509 0000930413-13-002843.hdr.sgml : 20130509 20130509164205 ACCESSION NUMBER: 0000930413-13-002843 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20130331 FILED AS OF DATE: 20130509 DATE AS OF CHANGE: 20130509 EFFECTIVENESS DATE: 20130509 FILER: COMPANY DATA: COMPANY CONFORMED NAME: GAM Holding AG CENTRAL INDEX KEY: 0001438848 IRS NUMBER: 000000000 STATE OF INCORPORATION: V8 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-13808 FILM NUMBER: 13829497 BUSINESS ADDRESS: STREET 1: KLAUSTRASSE 10 CITY: ZURICH STATE: V8 ZIP: 999999999 BUSINESS PHONE: 212-407-4600 MAIL ADDRESS: STREET 1: C/O GAM USA INC STREET 2: ONE ROCKEFELLER PLAZA CITY: NEW YORK STATE: NY ZIP: 10020 FORMER COMPANY: FORMER CONFORMED NAME: GAM Holding Ltd. DATE OF NAME CHANGE: 20091001 FORMER COMPANY: FORMER CONFORMED NAME: Julius Baer Holding Ltd. DATE OF NAME CHANGE: 20080627 13F-HR 1 c73777_13fhr.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 13F FORM 13F COVER PAGE Report for the Calendar Year or Quarter Ended: 03/31/13 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: GAM Holding AG Address: Klaustrasse 10, 8008 Zurich, Switzerland 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: Scott Sullivan Title: Group General Counsel Phone: 011-44-207-7917-2279 Signature, Place, and Date of Signing: Scott Sullivan London, United Kingdom 05/08/13 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. FORM 13F SUMMARY PAGE Report Summary: Number of other Included Managers: 4 Form 13F Information Table Entry Total: 1,360 Form 13F Information Table Value Total: $4,718,870 List of other Included Managers No. 13F File Number Name 02 00-00000-000 GAM London Limited GB 03 00-00000-000 Swiss & Global Asset Management Ltd. 01 00-00000-000 GAM International Management Limited 04 00-00000-000 GAM Investment Management Lugano SA

Form 13F Information Table GAM Holding AG Page 1 of 54 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 21VIANET GROUP INC-ADR 90138A103 282 30,000 0 0 30,000 03 30,000 0 0 3D SYSTEMS CORP 88554D205 1,128 35,000 0 0 35,000 03 35,000 0 0 3M CO 88579Y101 24,462 230,140 0 0 230,140 03 230,140 0 0 3M Company Common USD0.01 88579Y101 27,082 254,749 0 0 254,749 01 254,749 0 0 A.F.P. Provida SA - Spons. ADR (1 00709P108 1,379 12,972 0 0 12,972 01 12,972 0 0 Aaron's Inc. Common USD0.50 002535300 229 8,000 0 0 8,000 01 8,000 0 0 ABBOTT LABORATORIES 002824100 8,087 229,204 0 0 229,204 03 229,204 0 0 ABBVIE INC 00287Y109 9,160 224,627 0 0 224,627 03 224,627 0 0 Abercrombie & Fitch Cls. A Com. US 002896207 995 21,530 0 0 21,530 01 21,530 0 0 ABERCROMBIE & FITCH CO-CL A 002896207 1,284 27,800 0 0 27,800 03 27,800 0 0 ACADIA REALTY TRUST 004239109 246 8,850 0 0 8,850 03 8,850 0 0 ACCELRYS INC 00430U103 748 76,600 0 0 76,600 03 76,600 0 0 Accenture Plc-Cl A Com. USD0.00002 G1151C101 13,276 174,770 0 0 174,770 01 174,770 0 0 ACCENTURE PLC-CL A G1151C101 3,207 42,300 0 0 42,300 03 42,300 0 0 ACHILLION PHARMACEUTICALS 00448Q201 93 10,600 0 0 10,600 03 10,600 0 0 ACTAVIS INC 00507K103 216 2,345 0 0 2,345 03 2,345 0 0 Actavis Inc. Com. USD0.0033 00507K103 1,108 12,030 0 0 12,030 01 12,030 0 0 ACTIVISION BLIZZARD INC 00507V109 121 8,300 0 0 8,300 03 8,300 0 0 Acuity Brands Inc Com. USD 0.01 00508Y102 9,890 142,613 0 0 142,613 01 142,613 0 0 ADA-ES INC 005208103 484 18,100 0 0 18,100 03 18,100 0 0 ADOBE SYSTEMS INC 00724F101 6,815 156,635 0 0 156,635 03 156,635 0 0 Adobe Systems Inc. Common USD0.000 00724F101 7,366 169,280 0 0 169,280 01 169,280 0 0 ADT Corp Com. USD 0.01 00101J106 245 5,000 0 0 5,000 01 5,000 0 0 ADT CORP/THE 00101J106 3,654 74,663 0 0 74,663 03 74,663 0 0 ADTRAN INC 00738A106 11 550 0 0 550 03 550 0 0 --------- 121,569

Form 13F Information Table GAM Holding AG Page 2 of 54 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 ADVANCE AUTO PARTS INC 00751Y106 107 1,300 0 0 1,300 03 1,300 0 0 ADVANCED BATTERY TECHNOLOGIE 00752H102 5 20,000 0 0 20,000 03 20,000 0 0 AEGERION PHARMACEUTICALS INC 00767E102 182 4,500 0 0 4,500 03 4,500 0 0 AES CORP 00130H105 786 62,500 0 0 62,500 03 62,500 0 0 AETNA INC 00817Y108 2,558 50,034 0 0 50,034 03 50,034 0 0 AFFILIATED MANAGERS GROUP 008252108 162 1,058 0 0 1,058 03 1,058 0 0 AFLAC INC 001055102 2,102 40,400 0 0 40,400 03 40,400 0 0 AGCO CORP 001084102 1,011 19,400 0 0 19,400 03 19,400 0 0 AGCO Corporation Common USD0.01 001084102 12,252 235,082 0 0 235,082 01 235,082 0 0 AGILENT TECHNOLOGIES INC 00846U101 2,585 61,590 0 0 61,590 03 61,590 0 0 Agilent Technologies Inc. Common U 00846U101 867 20,670 0 0 20,670 01 20,670 0 0 Agrium Inc Com. NPV 008916108 7,737 79,355 0 0 79,355 01 79,355 0 0 AIG 19.01.21 CW/AIG 026874156 22 1,415 0 0 1,415 03 1,415 0 0 AIR PRODUCTS & CHEMICALS INC 009158106 1,655 19,000 0 0 19,000 03 19,000 0 0 AIRGAS INC 009363102 615 6,200 0 0 6,200 03 6,200 0 0 AK STL CORP NOTE 5.000%11/1 001546AP5 3,109 3,250,000 0 0 3,250,000 04 3,250,000 0 0 Akamai Technologies Inc Com. USD 0 00971T101 2,017 57,103 0 0 57,103 01 57,103 0 0 AKAMAI TECHNOLOGIES INC 00971T101 1,916 54,279 0 0 54,279 03 54,279 0 0 ALBEMARLE CORP 012653101 2,313 36,997 0 0 36,997 03 36,997 0 0 ALCOA INC 013817101 6,426 754,190 0 0 754,190 03 754,190 0 0 Alcoa Inc. Common USD1.00 013817101 7,567 887,606 0 0 887,606 01 887,606 0 0 ALEXANDER'S INC 014752109 198 600 0 0 600 03 600 0 0 ALEXANDRIA REAL ESTATE EQUIT 015271109 968 13,640 0 0 13,640 03 13,640 0 0 ALEXION PHARMACEUTICALS INC 015351109 4,837 52,500 0 0 52,500 03 52,500 0 0 ALLEGHANY CORP 017175100 119 300 0 0 300 03 300 0 0 ALLEGHENY TECHNOLOGIES INC 01741R102 3,716 117,176 0 0 117,176 03 117,176 0 0 --------- 65,830

Form 13F Information Table GAM Holding AG Page 3 of 54 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 ALLERGAN INC 018490102 8,745 78,343 0 0 78,343 03 78,343 0 0 Allergan Inc/United States Com. US 018490102 267 2,391 0 0 2,391 01 2,391 0 0 ALLIANCE DATA SYSTEMS CORP 018581108 146 900 0 0 900 03 900 0 0 Alliancebernstein Holding LP Com. 01881G106 241 11,000 0 0 11,000 01 11,000 0 0 ALLIANT ENERGY CORP 018802108 100 2,000 0 0 2,000 03 2,000 0 0 Allot Communications Ltd. Com. USD M0854Q105 1,790 150,000 0 0 150,000 01 150,000 0 0 ALLSTATE CORP 020002101 2,983 60,800 0 0 60,800 03 60,800 0 0 ALPHA NATURAL RESOURCES INC 02076X102 764 93,050 0 0 93,050 03 93,050 0 0 Altera Corp Com. USD 0.001 021441100 4,717 133,000 0 0 133,000 01 133,000 0 0 ALTERA CORP 021441100 560 15,800 0 0 15,800 03 15,800 0 0 ALTRIA GROUP INC 02209S103 8,385 243,825 0 0 243,825 03 243,825 0 0 AMARIN CORPORATION PLC -ADR 023111206 67 9,000 0 0 9,000 03 9,000 0 0 AMAZON.COM INC 023135106 8,477 31,809 0 0 31,809 03 31,809 0 0 Amazon.Com Inc. Com. USD0.01 023135106 10,918 40,970 0 0 40,970 01 40,970 0 0 AMC Networks Inc. A W/I Com. NPV 00164V103 474 7,500 0 0 7,500 01 7,500 0 0 AMEDISYS INC 023436108 556 50,000 0 0 50,000 03 50,000 0 0 AMEREN CORPORATION 023608102 151 4,300 0 0 4,300 03 4,300 0 0 AMERICA MOVIL-ADR SERIES L 02364W105 787 37,553 0 0 37,553 03 37,553 0 0 America Movil-ADR SL NPV(1 Rep 20 02364W105 1,048 50,000 0 0 50,000 01 50,000 0 0 AMERICAN CAMPUS COMMUNITIES 024835100 831 18,329 0 0 18,329 03 18,329 0 0 AMERICAN CAPITAL AGENCY CORP 02503X105 210 6,405 0 0 6,405 03 6,405 0 0 AMERICAN ELECTRIC POWER 025537101 1,415 29,100 0 0 29,100 03 29,100 0 0 AMERICAN EQUITY INVT LIFE HL 025676206 1,239 83,200 0 0 83,200 03 83,200 0 0 AMERICAN EXPRESS CO 025816109 15,334 227,311 0 0 227,311 03 227,311 0 0 American Express Company Common US 025816109 1,282 19,000 0 0 19,000 01 19,000 0 0 --------- 71,487

Form 13F Information Table GAM Holding AG Page 4 of 54 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 American International Group Com. 026874784 2,869 73,897 0 0 73,897 01 73,897 0 0 AMERICAN INTERNATIONAL GROUP 026874784 8,571 220,789 0 0 220,789 03 220,789 0 0 AMERICAN INTERNATIONAL GROUP 026874784 18,845 485,450 0 0 485,450 04 485,450 0 0 AMERICAN TOWER CORP 03027X100 2,092 27,200 0 0 27,200 03 27,200 0 0 AMERICAN VANGUARD CORP 030371108 40 1,325 0 0 1,325 03 1,325 0 0 AMERICAN WATER WORKS CO INC 030420103 2,532 61,100 0 0 61,100 03 61,100 0 0 AMERIPRISE FINANCIAL INC 03076C106 2,203 29,913 0 0 29,913 03 29,913 0 0 AMERISOURCEBERGEN CORP 03073E105 3,260 63,361 0 0 63,361 03 63,361 0 0 AMETEK INC 031100100 181 4,175 0 0 4,175 03 4,175 0 0 AMETEK Incorporated Common USD0.01 031100100 147 3,400 0 0 3,400 01 3,400 0 0 AMGEN INC 031162100 13,359 130,323 0 0 130,323 03 130,323 0 0 Amgen Incorporated Common USD0.000 031162100 14,500 141,461 0 0 141,461 01 141,461 0 0 AMICUS THERAPEUTICS INC 03152W109 100 31,700 0 0 31,700 03 31,700 0 0 AMPHENOL CORP-CL A 032095101 673 9,143 0 0 9,143 03 9,143 0 0 ANACOR PHARMACEUTICALS INC 032420101 103 15,955 0 0 15,955 03 15,955 0 0 ANADARKO PETROLEUM CORP 032511107 7,674 87,750 0 0 87,750 03 87,750 0 0 Anadarko Petroleum Corp. Common US 032511107 990 11,320 0 0 11,320 01 11,320 0 0 Anadarko Petroleum Corp. Common US 032511107 175 2,000 0 0 2,000 01 2,000 0 0 ANALOG DEVICES INC 032654105 1,415 30,437 0 0 30,437 03 30,437 0 0 ANGIODYNAMICS INC 03475V101 114 10,000 0 0 10,000 03 10,000 0 0 ANGLOGOLD ASHANTI-SPON ADR 035128206 824 35,000 0 0 35,000 03 35,000 0 0 Anheuser-Busch Inbev Spn ADR (1 Re 03524A108 697 7,000 0 0 7,000 01 7,000 0 0 ANHEUSER-BUSCH INBEV SPN ADR 03524A108 90 900 0 0 900 03 900 0 0 ANNALY CAPITAL MANAGEMENT IN 035710409 315 19,800 0 0 19,800 03 19,800 0 0 ANSYS INC 03662Q105 478 5,876 0 0 5,876 03 5,876 0 0 APACHE CORP 037411105 4,506 58,398 0 0 58,398 03 58,398 0 0 --------- 86,755

Form 13F Information Table GAM Holding AG Page 5 of 54 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 Apache Corporation Common USD0.625 037411105 1,215 15,750 0 0 15,750 01 15,750 0 0 APARTMENT INVT & MGMT CO -A 03748R101 972 31,705 0 0 31,705 03 31,705 0 0 APOLLO GROUP INC-CL A 037604105 200 11,520 0 0 11,520 03 11,520 0 0 APPLE INC 037833100 56,851 128,439 0 0 128,439 03 128,439 0 0 Apple Inc. Com. NPV 037833100 792 1,790 0 0 1,790 01 1,790 0 0 APPLIED MATERIALS INC 038222105 2,978 220,890 0 0 220,890 03 220,890 0 0 AQUA AMERICA INC 03836W103 2,377 75,599 0 0 75,599 03 75,599 0 0 ARCELORMITTAL-NY REGISTERED 03938L104 286 21,933 0 0 21,933 03 21,933 0 0 ARCELORMITTAL SA LUXEMBOURG MAND C L0302D178 6,455 308,000 0 0 308,000 01 308,000 0 0 ARCH COAL INC 039380100 13 2,450 0 0 2,450 03 2,450 0 0 ARCHER-DANIELS-MIDLAND CO 039483102 2,917 86,478 0 0 86,478 03 86,478 0 0 ARIAD PHARMACEUTICALS INC 04033A100 340 18,800 0 0 18,800 03 18,800 0 0 ARROW ELECTRONICS INC 042735100 85 2,100 0 0 2,100 03 2,100 0 0 Aruba Networks Inc. Common USD0.00 043176106 1,509 61,000 0 0 61,000 01 61,000 0 0 ASCENA RETAIL GROUP INC 04351G101 1,638 88,300 0 0 88,300 03 88,300 0 0 ASHFORD HOSPITALITY TRUST 044103109 197 15,970 0 0 15,970 03 15,970 0 0 ASHLAND INC 044209104 2,608 35,100 0 0 35,100 03 35,100 0 0 ASPEN TECHNOLOGY INC 045327103 1,921 59,500 0 0 59,500 03 59,500 0 0 ASSOCIATED ESTATES REALTY CP 045604105 132 7,100 0 0 7,100 03 7,100 0 0 ASSURANT INC 04621X108 68 1,500 0 0 1,500 03 1,500 0 0 ASSURANT INC 04621X108 259 5,759 0 0 5,759 04 5,759 0 0 AT&T INC 00206R102 26,110 711,626 0 0 711,626 03 711,626 0 0 ATMEL CORP 049513104 1,119 160,800 0 0 160,800 03 160,800 0 0 ATWOOD OCEANICS INC 050095108 236 4,500 0 0 4,500 03 4,500 0 0 AUTODESK INC 052769106 169 4,100 0 0 4,100 03 4,100 0 0 Autodesk Inc. Common USD0.01 052769106 2,119 51,370 0 0 51,370 01 51,370 0 0 AUTOLIV INC 052800109 115 1,667 0 0 1,667 03 1,667 0 0 --------- 113,682

Form 13F Information Table GAM Holding AG Page 6 of 54 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 AUTOMATIC DATA PROCESSING 053015103 4,492 69,090 0 0 69,090 03 69,090 0 0 AutoNation Incorporated Common USD 05329W102 175 4,000 0 0 4,000 01 4,000 0 0 AUTOZONE INC 053332102 1,144 2,883 0 0 2,883 03 2,883 0 0 AutoZone Incorporated Common USD0. 053332102 11,867 29,910 0 0 29,910 01 29,910 0 0 AVALONBAY COMMUNITIES INC 053484101 3,265 25,773 0 0 25,773 03 25,773 0 0 AVERY DENNISON CORP 053611109 60 1,400 0 0 1,400 03 1,400 0 0 AVNET INC 053807103 536 14,800 0 0 14,800 03 14,800 0 0 AVON PRODUCTS INC 054303102 162 7,800 0 0 7,800 03 7,800 0 0 B/E AEROSPACE INC 073302101 1,760 29,200 0 0 29,200 03 29,200 0 0 BAIDU INC - SPON ADR 056752108 2,070 23,600 0 0 23,600 03 23,600 0 0 Baidu Inc. Spon. ADR (10 Rep 1 Ord 056752108 1,316 15,000 0 0 15,000 01 15,000 0 0 BAKER HUGHES INC 057224107 8,993 193,772 0 0 193,772 03 193,772 0 0 BALL CORP 058498106 928 19,500 0 0 19,500 03 19,500 0 0 BANCO BRADESCO-ADR 059460303 5,365 315,198 0 0 315,198 03 315,198 0 0 BANCO SANTANDER-CHILE-ADR 05965X109 2,904 101,995 0 0 101,995 03 101,995 0 0 BANK OF AMERICA CORP 060505104 21,084 1,731,033 0 0 1,731,033 03 1,731,033 0 0 BANK OF NEW YORK MELLON CORP 064058100 5,487 196,036 0 0 196,036 03 196,036 0 0 Bank of NY Mellon Corp. Com. USD0. 064058100 896 32,000 0 0 32,000 01 32,000 0 0 Barrick Gold Corp Com. NPV 067901108 1,963 66,750 0 0 66,750 01 66,750 0 0 BAXTER INTERNATIONAL INC 071813109 8,915 122,731 0 0 122,731 03 122,731 0 0 Baxter International Inc. Common U 071813109 13,257 182,510 0 0 182,510 01 182,510 0 0 BB&T CORP 054937107 2,298 73,200 0 0 73,200 03 73,200 0 0 BEACON ROOFING SUPPLY INC 073685109 348 9,000 0 0 9,000 03 9,000 0 0 BEAM INC 073730103 2,446 38,500 0 0 38,500 03 38,500 0 0 Beam Inc. Common USD3.125 073730103 349 5,500 0 0 5,500 01 5,500 0 0 --------- 102,079

Form 13F Information Table GAM Holding AG Page 7 of 54 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 Becton Dickinson & Co. Common USD1 075887109 9,957 104,150 0 0 104,150 01 104,150 0 0 Becton Dickinson & Co. Common USD1 075887109 574 6,000 0 0 6,000 01 6,000 0 0 BECTON DICKINSON AND CO 075887109 14,372 150,331 0 0 150,331 03 150,331 0 0 BED BATH & BEYOND INC 075896100 9,586 148,799 0 0 148,799 03 148,799 0 0 BEMIS COMPANY 081437105 807 20,000 0 0 20,000 03 20,000 0 0 BERKSHIRE HATHAWAY INC-CL A 084670108 781 5 0 0 5 03 5 0 0 BERKSHIRE HATHAWAY INC-CL B 084670702 20,571 197,422 0 0 197,422 03 197,422 0 0 BERRY PETROLEUM CO-CLASS A 085789105 2,375 51,300 0 0 51,300 03 51,300 0 0 BEST BUY CO INC 086516101 128 5,800 0 0 5,800 03 5,800 0 0 BHP BILLITON LTD-SPON ADR 088606108 697 10,180 0 0 10,180 03 10,180 0 0 BHP BILLITON PLC-ADR 05545E209 493 8,490 0 0 8,490 03 8,490 0 0 Biglari Holdings Inc. Com. USD0.50 08986R101 186 500 0 0 500 01 500 0 0 BIOGEN IDEC INC 09062X103 5,526 28,646 0 0 28,646 03 28,646 0 0 Biogen Idec Inc. Common USD0.0005 09062X103 497 2,580 0 0 2,580 01 2,580 0 0 BIOMARIN PHARMACEUTICAL INC 09061G101 6,959 111,766 0 0 111,766 03 111,766 0 0 BIOMED REALTY TRUST INC 09063H107 737 34,100 0 0 34,100 03 34,100 0 0 BLACKROCK INC 09247X101 5,775 22,481 0 0 22,481 03 22,481 0 0 Blackrock Inc. Common USD0.01 09247X101 521 2,030 0 0 2,030 01 2,030 0 0 BMB MUNAI INC 09656A105 8 314,500 0 0 314,500 03 314,500 0 0 BMC SOFTWARE INC 055921100 2,485 53,770 0 0 53,770 03 53,770 0 0 BOEING CO/THE 097023105 5,666 65,997 0 0 65,997 03 65,997 0 0 BORGWARNER INC 099724106 1,385 17,906 0 0 17,906 03 17,906 0 0 BorgWarner Inc. Com. USD 0.01 099724106 14,130 182,696 0 0 182,696 01 182,696 0 0 BOSTON PROPERTIES INC 101121101 3,659 36,210 0 0 36,210 03 36,210 0 0 BOSTON SCIENTIFIC CORP 101137107 4,654 595,870 0 0 595,870 03 595,870 0 0 --------- 112,528

Form 13F Information Table GAM Holding AG Page 8 of 54 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 Boston Scientific Corp. Common USD 101137107 9,895 1,266,165 0 0 1,266,165 01 1,266,165 0 0 BOTTOMLINE TECHNOLOGIES (DE) 101388106 1,160 40,700 0 0 40,700 03 40,700 0 0 Boyd Gaming Corporation Common USD 103304101 166 20,000 0 0 20,000 01 20,000 0 0 BP PLC-SPONS ADR 055622104 1,220 28,802 0 0 28,802 03 28,802 0 0 BPZ RESOURCES INC 055639108 41 18,209 0 0 18,209 03 18,209 0 0 BRANDYWINE REALTY TRUST 105368203 431 29,000 0 0 29,000 03 29,000 0 0 BRASKEM SA-SPON ADR 105532105 399 29,500 0 0 29,500 03 29,500 0 0 BRE PROPERTIES INC 05564E106 837 17,200 0 0 17,200 03 17,200 0 0 BRF SA-ADR 10552T107 332 15,000 0 0 15,000 03 15,000 0 0 Brink's Co./The Com. USD1.00 109696104 565 20,000 0 0 20,000 01 20,000 0 0 BRISTOL-MYERS SQUIBB CO 110122108 10,227 248,280 0 0 248,280 03 248,280 0 0 Bristol-Myers Squibb Co. Common US 110122108 206 5,000 0 0 5,000 01 5,000 0 0 BROADCOM CORP-CL A 111320107 2,819 81,300 0 0 81,300 03 81,300 0 0 BROADRIDGE FINANCIAL SOLUTIO 11133T103 400 16,100 0 0 16,100 03 16,100 0 0 BROWN-FORMAN CORP-CLASS B 115637209 8,833 123,709 0 0 123,709 03 123,709 0 0 BRUKER CORP 116794108 1,178 61,700 0 0 61,700 03 61,700 0 0 BRUNSWICK CORP 117043109 849 24,800 0 0 24,800 03 24,800 0 0 BUNGE LTD G16962105 1,674 22,680 0 0 22,680 03 22,680 0 0 Bunge Ltd. Common USD0.01 G16962105 2,303 31,190 0 0 31,190 01 31,190 0 0 Burger King Worldwide Inc Com. NPV 121220107 1,650 86,334 0 0 86,334 01 86,334 0 0 BURGER KING WORLDWIDE INC 121220107 3,721 194,800 0 0 194,800 03 194,800 0 0 C.H. ROBINSON WORLDWIDE INC 12541W209 1,927 32,401 0 0 32,401 03 32,401 0 0 CA INC 12673P105 4,791 190,360 0 0 190,360 03 190,360 0 0 CABLEVISION SYSTEMS-NY GRP-A 12686C109 42 2,800 0 0 2,800 03 2,800 0 0 Cablevision Systems Corp. Class A 12686C109 628 42,000 0 0 42,000 01 42,000 0 0 --------- 56,293

Form 13F Information Table GAM Holding AG Page 9 of 54 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 CABOT OIL & GAS CORP 127097103 933 13,800 0 0 13,800 03 13,800 0 0 Cabot Oil & Gas Corp. Com. USD0.10 127097103 635 9,400 0 0 9,400 01 9,400 0 0 CACI INTERNATIONAL INC -CL A 127190304 868 15,000 0 0 15,000 03 15,000 0 0 Cadence Design Systems Inc. Com. U 127387108 1,922 138,000 0 0 138,000 01 138,000 0 0 CALPINE CORP 131347304 118 5,738 0 0 5,738 03 5,738 0 0 CAMDEN PROPERTY TRUST 133131102 1,354 19,718 0 0 19,718 03 19,718 0 0 CAMERON INTERNATIONAL CORP 13342B105 297 4,552 0 0 4,552 03 4,552 0 0 CAMPBELL SOUP CO 134429109 4,005 88,300 0 0 88,300 03 88,300 0 0 Canadian National Railway Company 136375102 221 2,200 0 0 2,200 01 2,200 0 0 Canterbury Park Hdgs. Corp. Com. U 13811E101 40 4,000 0 0 4,000 01 4,000 0 0 CAPITAL ONE FINANCIAL CORP 14040H105 3,774 68,675 0 0 68,675 03 68,675 0 0 CAPITAL ONE FINANCIAL CORP 14040H105 1,027 18,685 0 0 18,685 04 18,685 0 0 CAPSTONE TURBINE CORP 14067D102 491 545,156 0 0 545,156 03 545,156 0 0 CARDINAL HEALTH INC 14149Y108 1,717 41,252 0 0 41,252 03 41,252 0 0 CAREFUSION CORP 14170T101 124 3,550 0 0 3,550 03 3,550 0 0 Carefusion Corp. Common USD0.01 14170T101 10,497 300,000 0 0 300,000 01 300,000 0 0 CARLISLE COS INC 142339100 1,430 21,100 0 0 21,100 03 21,100 0 0 CARMAX INC 143130102 1,005 24,100 0 0 24,100 03 24,100 0 0 CARNIVAL CORP 143658300 2,929 85,400 0 0 85,400 03 85,400 0 0 Catamaran Corp Com. NPV 148887102 1,760 33,184 0 0 33,184 01 33,184 0 0 CATERPILLAR INC 149123101 9,642 110,869 0 0 110,869 03 110,869 0 0 CAVIUM INC 14964U108 1,471 37,900 0 0 37,900 03 37,900 0 0 CBL & ASSOCIATES PROPERTIES 124830100 834 35,334 0 0 35,334 03 35,334 0 0 CBRE GROUP INC - A 12504L109 6,206 245,785 0 0 245,785 03 245,785 0 0 CBS CORP-CLASS B NON VOTING 124857202 3,311 70,914 0 0 70,914 03 70,914 0 0 CEDAR REALTY TRUST INC 150602209 81 13,300 0 0 13,300 03 13,300 0 0 --------- 56,693

Form 13F Information Table GAM Holding AG Page 10 of 54 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 CELANESE CORP-SERIES A 150870103 141 3,200 0 0 3,200 03 3,200 0 0 CELGENE CORP 151020104 13,496 116,437 0 0 116,437 03 116,437 0 0 CEMEX SAB DE CV NOTE 4.875% 3/1 151290AV5 2,543 2,062,000 0 0 2,062,000 04 2,062,000 0 0 CEMEX SAB-SPONS ADR PART CER 151290889 145 11,879 0 0 11,879 03 11,879 0 0 Cemex SAB - Spons. ADR Part. Cer. 151290889 1,002 82,000 0 0 82,000 01 82,000 0 0 CEMIG SA -SPONS ADR 204409601 4,429 373,787 0 0 373,787 03 373,787 0 0 CENTERPOINT ENERGY INC 15189T107 184 7,700 0 0 7,700 03 7,700 0 0 CENTURYLINK INC 156700106 2,506 71,327 0 0 71,327 03 71,327 0 0 CEPHEID INC 15670R107 3,196 83,300 0 0 83,300 03 83,300 0 0 CERES INC 156773103 5 1,430 0 0 1,430 03 1,430 0 0 CERNER CORP 156782104 7,176 75,850 0 0 75,850 03 75,850 0 0 CF INDUSTRIES HOLDINGS INC 125269100 305 1,600 0 0 1,600 03 1,600 0 0 CHART INDUSTRIES INC 16115Q308 400 5,000 0 0 5,000 03 5,000 0 0 CHARTER COMMUNICATION-A 16117M305 91 871 0 0 871 03 871 0 0 CHESAPEAKE ENERGY CORP NOTE 2.750% 165167BW6 4,043 4,000,000 0 0 4,000,000 04 4,000,000 0 0 CHESAPEAKE ENERGY CORP 165167107 778 38,100 0 0 38,100 03 38,100 0 0 Chesapeake Energy Corp. Com. USD0. 165167107 348 17,060 0 0 17,060 01 17,060 0 0 CHEVRON CORP 166764100 32,920 277,020 0 0 277,020 03 277,020 0 0 CHICAGO BRIDGE & IRON CO NV 167250109 689 11,100 0 0 11,100 03 11,100 0 0 Chicago Bridge & Iron Co. NV (NY S 167250109 8,229 132,517 0 0 132,517 01 132,517 0 0 CHINA LIFE INSURANCE CO-ADR 16939P106 252 6,400 0 0 6,400 03 6,400 0 0 China Life Insurance Co. ADR (1 Re 16939P106 587 14,900 0 0 14,900 01 14,900 0 0 China Mobile HK Spon ADR (1 Rep 5 16941M109 250 4,700 0 0 4,700 01 4,700 0 0 CHINA MOBILE LTD-SPON ADR 16941M109 276 5,200 0 0 5,200 03 5,200 0 0 China Petroleum & Chemical ADR (1 16941R108 584 5,000 0 0 5,000 01 5,000 0 0 CHINA SOUTHERN AIR-SPONS ADR 169409109 573 20,000 0 0 20,000 03 20,000 0 0 CHINA UNICOM HONG KONG-ADR 16945R104 512 38,000 0 0 38,000 03 38,000 0 0 --------- 85,662

Form 13F Information Table GAM Holding AG Page 11 of 54 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 CHIPOTLE MEXICAN GRILL INC 169656105 513 1,575 0 0 1,575 03 1,575 0 0 Christopher & Banks Corp. Common U 171046105 482 75,000 0 0 75,000 01 75,000 0 0 CHUBB CORP 171232101 4,742 54,181 0 0 54,181 03 54,181 0 0 Chubb Corporation Common USD1.00 171232101 10,504 120,000 0 0 120,000 01 120,000 0 0 CHURCH & DWIGHT CO INC 171340102 2,774 42,917 0 0 42,917 03 42,917 0 0 Church & Dwight Co. Inc. Common US 171340102 12,280 190,000 0 0 190,000 01 190,000 0 0 Churchill Downs Inc Com. NPV 171484108 253 3,604 0 0 3,604 01 3,604 0 0 CIA BRASILEIRA DE DIS-SP PRF 20440T201 1,213 22,773 0 0 22,773 03 22,773 0 0 CIA CERVECERIAS UNIDAS-ADR 204429104 7,183 217,150 0 0 217,150 03 217,150 0 0 CIA DE MINAS BUENAVENTUR-ADR 204448104 4,268 164,400 0 0 164,400 03 164,400 0 0 CIA SANEAMENTO BASICO DE-ADR 20441A102 2,705 56,672 0 0 56,672 03 56,672 0 0 Cia Saneamento Basico De-Adr(1 rep 20441A102 7,650 160,280 0 0 160,280 01 160,280 0 0 CIGNA CORP 125509109 641 10,281 0 0 10,281 03 10,281 0 0 CIMAREX ENERGY CO 171798101 113 1,500 0 0 1,500 03 1,500 0 0 CINCINNATI BELL INC 171871106 1,532 470,000 0 0 470,000 03 470,000 0 0 CINCINNATI FINANCIAL CORP 172062101 118 2,500 0 0 2,500 03 2,500 0 0 CINTAS CORP 172908105 190 4,300 0 0 4,300 03 4,300 0 0 Circor International Inc. Com. USD 17273K109 9,777 230,044 0 0 230,044 01 230,044 0 0 Circor International Inc. Com. USD 17273K109 425 10,000 0 0 10,000 01 10,000 0 0 CIRRUS LOGIC INC 172755100 569 25,000 0 0 25,000 03 25,000 0 0 CISCO SYSTEMS INC 17275R102 26,912 1,287,053 0 0 1,287,053 03 1,287,053 0 0 Cisco Systems Inc. Common USD0.001 17275R102 8,766 419,520 0 0 419,520 01 419,520 0 0 CIT GROUP INC 125581801 1,242 28,566 0 0 28,566 03 28,566 0 0 Citigroup Inc Com. USD 0.01 172967424 5,140 116,172 0 0 116,172 01 116,172 0 0 CITIGROUP INC 172967424 22,030 497,973 0 0 497,973 03 497,973 0 0 CITIGROUP INC 172967424 40 900 0 0 900 04 900 0 0 --------- 132,062

Form 13F Information Table GAM Holding AG Page 12 of 54 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 CITRIX SYSTEMS INC 177376100 2,504 34,700 0 0 34,700 03 34,700 0 0 CITY NATIONAL CORP 178566105 1,567 26,600 0 0 26,600 03 26,600 0 0 CLIFFS NATURAL RESOURCES INC 18683K101 508 26,700 0 0 26,700 03 26,700 0 0 CLOROX COMPANY 189054109 1,089 12,300 0 0 12,300 03 12,300 0 0 CME GROUP INC 12572Q105 971 15,815 0 0 15,815 03 15,815 0 0 CMS ENERGY CORP 125896100 709 25,373 0 0 25,373 03 25,373 0 0 CNH GLOBAL N.V. N20935206 18 445 0 0 445 03 445 0 0 CNOOC LTD-ADR 126132109 440 2,300 0 0 2,300 03 2,300 0 0 CNOOC Ltd. ADR (1 Rep. 100 Ord.) 126132109 383 2,000 0 0 2,000 01 2,000 0 0 COACH INC 189754104 17,103 342,131 0 0 342,131 03 342,131 0 0 COBALT INTERNATIONAL ENERGY NOTE2. 19075FAA4 2,251 2,000,000 0 0 2,000,000 04 2,000,000 0 0 Cobalt International Energy Com. U 19075F106 2,221 78,757 0 0 78,757 01 78,757 0 0 COBALT INTERNATIONAL ENERGY 19075F106 1,539 54,591 0 0 54,591 03 54,591 0 0 COCA-COLA CO/THE 191216100 27,875 689,346 0 0 689,346 03 689,346 0 0 Coca-Cola Company Common USD0.25 191216100 13,374 330,720 0 0 330,720 01 330,720 0 0 Coca-Cola Company Common USD0.25 191216100 404 10,000 0 0 10,000 01 10,000 0 0 COCA-COLA ENTERPRISES 19122T109 1,672 45,300 0 0 45,300 03 45,300 0 0 COCA-COLA FEMSA SAB-SP ADR 191241108 96 586 0 0 586 03 586 0 0 COGENT COMMUNICATIONS GROUP 19239V302 2,006 76,000 0 0 76,000 03 76,000 0 0 COGNIZANT TECH SOLUTIONS-A 192446102 3,770 49,207 0 0 49,207 03 49,207 0 0 Cohen & Steers Inc. Com. USD0.01 19247A100 307 8,500 0 0 8,500 01 8,500 0 0 COLFAX CORP 194014106 2,299 49,400 0 0 49,400 03 49,400 0 0 COLGATE-PALMOLIVE CO 194162103 5,065 42,913 0 0 42,913 03 42,913 0 0 Colgate-Palmolive Co. Common USD1. 194162103 7,000 59,310 0 0 59,310 01 59,310 0 0 COLONIAL PROPERTIES TRUST 195872106 458 20,260 0 0 20,260 03 20,260 0 0 COMCAST CORP-CLASS A 20030N101 16,133 384,100 0 0 384,100 03 384,100 0 0 --------- 111,764

Form 13F Information Table GAM Holding AG Page 13 of 54 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 COMCAST CORP-SPECIAL CL A 20030N200 762 19,228 0 0 19,228 03 19,228 0 0 COMERICA INC 200340107 122 3,400 0 0 3,400 03 3,400 0 0 COMMONWEALTH REIT 203233101 421 18,750 0 0 18,750 03 18,750 0 0 COMMVAULT SYSTEMS INC 204166102 590 7,200 0 0 7,200 03 7,200 0 0 COMPANHIA DE BEBIDAS-PRF ADR 20441W203 5,033 118,906 0 0 118,906 03 118,906 0 0 COMPASS MINERALS INTERNATION 20451N101 1,531 19,400 0 0 19,400 03 19,400 0 0 COMPUTER PROGRAMS & SYSTEMS 205306103 541 10,000 0 0 10,000 03 10,000 0 0 COMPUTER SCIENCES CORP 205363104 138 2,800 0 0 2,800 03 2,800 0 0 COMPUWARE CORP 205638109 416 33,300 0 0 33,300 03 33,300 0 0 CONAGRA FOODS INC 205887102 269 7,500 0 0 7,500 03 7,500 0 0 CONCHO RESOURCES INC 20605P101 1,187 12,184 0 0 12,184 03 12,184 0 0 Concur Technologies Inc. Com. USD0 206708109 1,574 22,920 0 0 22,920 01 22,920 0 0 Conns Inc Common USD0.01 208242107 26,955 750,000 0 0 750,000 01 750,000 0 0 ConocoPhillips Common USD1.250 20825C104 6,010 100,000 0 0 100,000 01 100,000 0 0 CONOCOPHILLIPS 20825C104 13,975 232,534 0 0 232,534 03 232,534 0 0 CONSOL ENERGY INC 20854P109 3,161 93,936 0 0 93,936 03 93,936 0 0 CONSOLIDATED EDISON INC 209115104 329 5,398 0 0 5,398 03 5,398 0 0 Consolidated Tomoka Land Common US 210226106 236 6,000 0 0 6,000 01 6,000 0 0 CONSTELLATION BRANDS INC-A 21036P108 1,080 22,677 0 0 22,677 03 22,677 0 0 CONSUMER DISCRETIONARY SELT 81369Y407 4,237 80,000 0 0 80,000 03 80,000 0 0 CONTINENTAL RESOURCES INC/OK 212015101 828 9,524 0 0 9,524 03 9,524 0 0 Copa Holdings SA Class A Com. NPV P31076105 4,995 41,764 0 0 41,764 04 41,764 0 0 CORNING INC 219350105 2,846 213,500 0 0 213,500 03 213,500 0 0 Corning Incorporated Common USD0.5 219350105 266 20,000 0 0 20,000 01 20,000 0 0 CORPORATE OFFICE PROPERTIES 22002T108 438 16,400 0 0 16,400 03 16,400 0 0 CORRECTIONS CORP OF AMERICA 22025Y407 836 21,400 0 0 21,400 03 21,400 0 0 --------- 78,776

Form 13F Information Table GAM Holding AG Page 14 of 54 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 COSTCO WHOLESALE CORP 22160K105 3,354 31,608 0 0 31,608 03 31,608 0 0 COUSINS PROPERTIES INC 222795106 231 21,590 0 0 21,590 03 21,590 0 0 COVANCE INC 222816100 595 8,000 0 0 8,000 03 8,000 0 0 COVENTRY HEALTH CARE INC 222862104 122 2,600 0 0 2,600 03 2,600 0 0 CR BARD INC 067383109 5,632 55,884 0 0 55,884 03 55,884 0 0 Crane Company Common USD1.00 224399105 391 7,000 0 0 7,000 01 7,000 0 0 CRAY INC 225223304 903 38,900 0 0 38,900 03 38,900 0 0 CREDICORP LTD G2519Y108 697 4,200 0 0 4,200 03 4,200 0 0 Credicorp Ltd. Common USD5.00 G2519Y108 885 5,330 0 0 5,330 01 5,330 0 0 CREE INC 225447101 941 17,200 0 0 17,200 03 17,200 0 0 CROWN CASTLE INTL CORP 228227104 383 5,499 0 0 5,499 03 5,499 0 0 CROWN HOLDINGS INC 228368106 100 2,400 0 0 2,400 03 2,400 0 0 CSX CORP 126408103 3,925 159,367 0 0 159,367 03 159,367 0 0 CTRIP.COM INTERNATIONAL-ADR 22943F100 1,223 57,210 0 0 57,210 03 57,210 0 0 CTS Corporation Common NPV 126501105 261 25,000 0 0 25,000 01 25,000 0 0 CUBESMART 229663109 1,558 98,600 0 0 98,600 03 98,600 0 0 CUBIST PHARMACEUTICALS INC 229678107 674 14,400 0 0 14,400 03 14,400 0 0 CUMMINS INC 231021106 6,990 60,401 0 0 60,401 03 60,401 0 0 Cummins Inc. Common USD2.50 231021106 14,127 121,980 0 0 121,980 01 121,980 0 0 Curtiss-Wright Corporation Common 231561101 69 2,000 0 0 2,000 01 2,000 0 0 CVS CAREMARK CORP 126650100 10,486 190,686 0 0 190,686 03 190,686 0 0 CVS Caremark Corp. Common USD0.01 126650100 2,087 37,956 0 0 37,956 01 37,956 0 0 CYTEC INDUSTRIES INC 232820100 1,163 15,700 0 0 15,700 03 15,700 0 0 D.R. Horton Inc 2% Cv. 15-05-2014 23331ABB4 4,124 2,188,000 0 0 2,188,000 01 2,188,000 0 0 D.R. Horton Inc 2% Cv. 15-05-2014 23331ABB4 5,367 2,828,000 0 0 2,828,000 02 2,828,000 0 0 D.R. Horton Inc 2% Cv. 15-05-2014 23331ABB4 12,612 6,674,000 0 0 6,674,000 01 6,674,000 0 0 --------- 78,900

Form 13F Information Table GAM Holding AG Page 15 of 54 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 D.R. Horton Inc. Com. USD0.01 23331A109 437 18,000 0 0 18,000 01 18,000 0 0 Dana Holding Corp. Common USD0.01 235825205 574 32,221 0 0 32,221 01 32,221 0 0 Dana Holding Corp. Common USD0.01 235825205 267 15,000 0 0 15,000 01 15,000 0 0 DANAHER CORP 235851102 14,148 227,636 0 0 227,636 03 227,636 0 0 DARDEN RESTAURANTS INC 237194105 119 2,300 0 0 2,300 03 2,300 0 0 DAVITA HEALTHCARE PARTNERS I 23918K108 2,342 19,750 0 0 19,750 03 19,750 0 0 DCT INDUSTRIAL TRUST INC 233153105 425 57,400 0 0 57,400 03 57,400 0 0 DDR CORP 23317H102 900 51,659 0 0 51,659 03 51,659 0 0 DECKERS OUTDOOR CORP 243537107 1,312 23,560 0 0 23,560 03 23,560 0 0 Deckers Outdoor Corp. Common USD 0 243537107 616 11,061 0 0 11,061 01 11,061 0 0 DEERE & CO 244199105 4,307 50,090 0 0 50,090 03 50,090 0 0 Deere & Company Common USD1.00 244199105 774 9,000 0 0 9,000 01 9,000 0 0 Dell Inc Com. USD 0.01 24702R101 10,028 700,000 0 0 700,000 01 700,000 0 0 Dell Inc Com. USD 0.01 24702R101 286 20,000 0 0 20,000 01 20,000 0 0 DELL INC 24702R101 524 36,578 0 0 36,578 03 36,578 0 0 DELTA AIR LINES INC 247361702 76 4,600 0 0 4,600 03 4,600 0 0 Demandware Com. USD0.01 24802Y105 1,318 52,000 0 0 52,000 01 52,000 0 0 DENBURY RESOURCES INC 247916208 1,391 74,600 0 0 74,600 03 74,600 0 0 DENDREON CORP 24823Q107 118 25,000 0 0 25,000 03 25,000 0 0 DENTSPLY INTERNATIONAL INC 249030107 2,248 53,000 0 0 53,000 03 53,000 0 0 DEVON ENERGY CORPORATION 25179M103 4,433 78,563 0 0 78,563 03 78,563 0 0 Diageo PLC Sponsored ADR 25243Q205 881 7,000 0 0 7,000 01 7,000 0 0 DIAMOND OFFSHORE DRILLING 25271C102 3,171 45,593 0 0 45,593 03 45,593 0 0 DIAMONDROCK HOSPITALITY CO 252784301 411 44,143 0 0 44,143 03 44,143 0 0 DICK'S SPORTING GOODS INC 253393102 95 2,001 0 0 2,001 03 2,001 0 0 --------- 51,201

Form 13F Information Table GAM Holding AG Page 16 of 54 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 Dick's Sporting Goods Inc. Com. US 253393102 1,706 36,070 0 0 36,070 01 36,070 0 0 Diebold Incorporated Common USD1.2 253651103 91 3,000 0 0 3,000 01 3,000 0 0 DIGITAL REALTY TRUST INC 253868103 1,973 29,489 0 0 29,489 03 29,489 0 0 Digital Realty Trust Inc. Com. USD 253868103 11,095 165,817 0 0 165,817 01 165,817 0 0 Digitalglobe Inc. Com. USD0.001 25389M877 1,019 35,240 0 0 35,240 01 35,240 0 0 DINEEQUITY INC 254423106 1,789 26,000 0 0 26,000 03 26,000 0 0 DIRECTV Com. USD 0.01 25490A309 566 10,000 0 0 10,000 01 10,000 0 0 DIRECTV 25490A309 8,372 147,888 0 0 147,888 03 147,888 0 0 DISCOVER FINANCIAL SERVICES 254709108 4,021 89,679 0 0 89,679 03 89,679 0 0 DISCOVER FINANCIAL SERVICES 254709108 527 11,760 0 0 11,760 04 11,760 0 0 DISCOVERY COMMUNICATIONS-A 25470F104 213 2,700 0 0 2,700 03 2,700 0 0 DISCOVERY COMMUNICATIONS-C 25470F302 111 1,600 0 0 1,600 03 1,600 0 0 DISH NETWORK CORP-A 25470M109 136 3,600 0 0 3,600 03 3,600 0 0 DISH Network Corp. Cls. A Com. USD 25470M109 720 19,000 0 0 19,000 01 19,000 0 0 DOCTOR REDDY'S LAB-ADR 256135203 16 500 0 0 500 03 500 0 0 DOLBY LABORATORIES INC-CL A 25659T107 34 1,000 0 0 1,000 03 1,000 0 0 DOLLAR GENERAL CORP 256677105 1,947 38,488 0 0 38,488 03 38,488 0 0 Dollar General Corp. Com. USD 0.87 256677105 13,077 258,540 0 0 258,540 01 258,540 0 0 DOLLAR TREE INC 256746108 1,247 25,750 0 0 25,750 03 25,750 0 0 DOMINION RESOURCES INC/VA 25746U109 3,554 61,086 0 0 61,086 03 61,086 0 0 DOUGLAS EMMETT INC 25960P109 1,745 70,000 0 0 70,000 03 70,000 0 0 DOVER CORP 260003108 4,862 66,706 0 0 66,706 03 66,706 0 0 DOW CHEMICAL CO/THE 260543103 4,518 141,900 0 0 141,900 03 141,900 0 0 DR HORTON INC 23331A109 1,163 47,856 0 0 47,856 03 47,856 0 0 DR PEPPER SNAPPLE GROUP INC 26138E109 1,121 23,871 0 0 23,871 03 23,871 0 0 Dr Pepper Snapple Grp. Inc. Com. U 26138E109 469 10,000 0 0 10,000 01 10,000 0 0 --------- 66,091

Form 13F Information Table GAM Holding AG Page 17 of 54 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 DRIL-QUIP INC 262037104 2,111 24,220 0 0 24,220 03 24,220 0 0 DTE ENERGY COMPANY 233331107 219 3,200 0 0 3,200 03 3,200 0 0 Du Pont (E.I.) De Nemours USD0.30 263534109 20,579 418,611 0 0 418,611 01 418,611 0 0 DU PONT (E.I.) DE NEMOURS 263534109 6,852 139,384 0 0 139,384 03 139,384 0 0 DUKE ENERGY CORP 26441C204 4,061 55,945 0 0 55,945 03 55,945 0 0 DUKE REALTY CORP 264411505 1,292 76,101 0 0 76,101 03 76,101 0 0 DUN & BRADSTREET CORP 26483E100 67 800 0 0 800 03 800 0 0 DUPONT FABROS TECHNOLOGY 26613Q106 364 15,000 0 0 15,000 03 15,000 0 0 E*TRADE Financial Corp Com. USD 0. 269246401 1,587 148,240 0 0 148,240 01 148,240 0 0 EASTGROUP PROPERTIES INC 277276101 338 5,800 0 0 5,800 03 5,800 0 0 EASTMAN CHEMICAL CO 277432100 307 4,400 0 0 4,400 03 4,400 0 0 Eastman Kodak Co Com. USD 2.50 277461109 21 68,677 0 0 68,677 01 68,677 0 0 EATON VANCE CORP 278265103 96 2,300 0 0 2,300 03 2,300 0 0 EBAY INC 278642103 11,449 211,456 0 0 211,456 03 211,456 0 0 eBay Incorporated Common USD0.001 278642103 9,652 178,020 0 0 178,020 01 178,020 0 0 eBay Incorporated Common USD0.001 278642103 596 11,000 0 0 11,000 01 11,000 0 0 Echostar Corp. A Com. NPV 278768106 507 13,000 0 0 13,000 01 13,000 0 0 ECOLAB INC 278865100 5,776 72,034 0 0 72,034 03 72,034 0 0 EDISON INTERNATIONAL 281020107 1,796 35,700 0 0 35,700 03 35,700 0 0 EDUCATION REALTY TRUST INC 28140H104 230 21,800 0 0 21,800 03 21,800 0 0 Edward Lifesciences Corporation Co 28176E108 616 7,500 0 0 7,500 01 7,500 0 0 Edwards Group Ltd. ADR (1 Rep. 1 O 281736108 1,412 171,000 0 0 171,000 01 171,000 0 0 EDWARDS LIFESCIENCES CORP 28176E108 2,489 30,300 0 0 30,300 03 30,300 0 0 ELECTRONIC ARTS INC 285512109 1,225 69,210 0 0 69,210 03 69,210 0 0 Electronic Arts Inc. Common USD0.0 285512109 230 13,000 0 0 13,000 01 13,000 0 0 --------- 73,873

Form 13F Information Table GAM Holding AG Page 18 of 54 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 ELI LILLY & CO 532457108 7,964 140,240 0 0 140,240 03 140,240 0 0 EMC Corp. 1.75% Cv. 01-12-2013 268648AM4 1,941 1,300,000 0 0 1,300,000 01 1,300,000 0 0 EMC Corp. 1.75% Cv. 01-12-2013 268648AM4 3,742 2,500,000 0 0 2,500,000 02 2,500,000 0 0 EMC Corp. 1.75% Cv. 01-12-2013 268648AM4 20,46413,636,000 0 013,636,000 01 13,636,000 0 0 EMC Corp. Massachusetts Common USD 268648102 16,069 672,760 0 0 672,760 01 672,760 0 0 EMC CORP/MA 268648102 16,241 679,833 0 0 679,833 03 679,833 0 0 EMCOR GROUP INC 29084Q100 2,542 59,970 0 0 59,970 03 59,970 0 0 EMERGENT BIOSOLUTIONS INC 29089Q105 140 10,000 0 0 10,000 03 10,000 0 0 EMERSON ELECTRIC CO 291011104 9,467 169,452 0 0 169,452 03 169,452 0 0 ENDO HEALTH SOLUTIONS INC 29264F205 92 3,000 0 0 3,000 03 3,000 0 0 ENERGEN CORP 29265N108 73 1,400 0 0 1,400 03 1,400 0 0 ENERGIZER HOLDINGS INC 29266R108 110 1,100 0 0 1,100 03 1,100 0 0 Energizer Holdings Inc. Common USD 29266R108 598 6,000 0 0 6,000 01 6,000 0 0 EnerNOC Inc Com. USD 0.001 292764107 1,581 91,000 0 0 91,000 01 91,000 0 0 ENERNOC INC 292764107 783 45,100 0 0 45,100 03 45,100 0 0 ENERSIS S.A. -SPONS ADR 29274F104 1,162 60,410 0 0 60,410 03 60,410 0 0 EnerSys Inc Com. USD 0.01 29275Y102 8,166 179,164 0 0 179,164 01 179,164 0 0 Enova Systems Inc. Ord. NPV 29355M200 12 405,462 0 0 405,462 01 405,462 0 0 ENPHASE ENERGY INC 29355A107 457 73,700 0 0 73,700 03 73,700 0 0 ENTERGY CORP 29364G103 3,208 50,720 0 0 50,720 03 50,720 0 0 EOG RESOURCES INC 26875P101 3,938 30,748 0 0 30,748 03 30,748 0 0 EPR PROPERTIES 26884U109 557 10,700 0 0 10,700 03 10,700 0 0 EQT CORP 26884L109 191 2,819 0 0 2,819 03 2,819 0 0 EQUIFAX INC 294429105 202 3,500 0 0 3,500 03 3,500 0 0 EQUINIX INC 29444U502 217 1,003 0 0 1,003 03 1,003 0 0 EQUITY LIFESTYLE PROPERTIES 29472R108 668 8,700 0 0 8,700 03 8,700 0 0 --------- 100,586

Form 13F Information Table GAM Holding AG Page 19 of 54 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 EQUITY ONE INC 294752100 376 15,700 0 0 15,700 03 15,700 0 0 EQUITY RESIDENTIAL 29476L107 3,926 71,300 0 0 71,300 03 71,300 0 0 ESCO Technologies Inc Com. USD 0.0 296315104 8,581 210,000 0 0 210,000 01 210,000 0 0 ESSEX PROPERTY TRUST INC 297178105 1,190 7,900 0 0 7,900 03 7,900 0 0 ESTEE LAUDER COMPANIES-CL A 518439104 21,633 337,900 0 0 337,900 03 337,900 0 0 Exelis Inc. Com. NPV 30162A108 87 8,000 0 0 8,000 01 8,000 0 0 EXELON CORP 30161N101 9,494 275,352 0 0 275,352 03 275,352 0 0 EXPEDIA INC 30212P303 108 1,800 0 0 1,800 03 1,800 0 0 EXPEDITORS INTL WASH INC 302130109 132 3,700 0 0 3,700 03 3,700 0 0 EXPRESS INC 30219E103 1,380 77,500 0 0 77,500 03 77,500 0 0 EXPRESS SCRIPTS HOLDING CO 30219G108 7,546 130,892 0 0 130,892 03 130,892 0 0 EXTRA SPACE STORAGE INC 30225T102 872 22,200 0 0 22,200 03 22,200 0 0 EXXON MOBIL CORP 30231G102 57,605 639,270 0 0 639,270 03 639,270 0 0 Exxon Mobil Corp. Com. NPV 30231G102 90 1,000 0 0 1,000 01 1,000 0 0 F5 NETWORKS INC 315616102 837 9,400 0 0 9,400 03 9,400 0 0 FACEBOOK INC-A 30303M102 752 29,395 0 0 29,395 03 29,395 0 0 Facebook Inc. Com. 0.000001 30303M102 6,018 235,200 0 0 235,200 01 235,200 0 0 FAMILY DOLLAR STORES 307000109 106 1,799 0 0 1,799 03 1,799 0 0 FASTENAL CO 311900104 2,152 41,900 0 0 41,900 03 41,900 0 0 Federal Mogul Corp. Com. USD0.01 313549404 241 40,000 0 0 40,000 01 40,000 0 0 FEDERAL REALTY INVS TRUST 313747206 1,653 15,300 0 0 15,300 03 15,300 0 0 FEDEX CORP 31428X106 3,584 36,500 0 0 36,500 03 36,500 0 0 FedEx Corporation Common USD0.10 31428X106 196 2,000 0 0 2,000 01 2,000 0 0 FELCOR LODGING TRUST INC 31430F101 112 18,840 0 0 18,840 03 18,840 0 0 Ferro Corporation Common USD1 315405100 270 40,000 0 0 40,000 01 40,000 0 0 --------- 128,941

Form 13F Information Table GAM Holding AG Page 20 of 54 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 FIDELITY NATIONAL FINL-A 31620R105 1,621 64,267 0 0 64,267 03 64,267 0 0 FIDELITY NATIONAL FINL-A 31620R105 1,233 48,633 0 0 48,633 04 48,633 0 0 FIDELITY NATIONAL INFORMATIO 31620M106 166 4,197 0 0 4,197 03 4,197 0 0 FIESTA RESTAURANT GROUP 31660B101 1,095 41,200 0 0 41,200 03 41,200 0 0 Fifth & Pacific Co Inc Com. USD 1. 316645100 1,283 67,954 0 0 67,954 01 67,954 0 0 FIFTH THIRD BANCORP 316773100 2,305 141,300 0 0 141,300 03 141,300 0 0 FIFTH THIRD BANCORP 316773100 593 36,169 0 0 36,169 04 36,169 0 0 FINANCIAL SELECT SECTOR SPDR 81369Y605 9,169 504,000 0 0 504,000 03 504,000 0 0 FIRST INDUSTRIAL REALTY TR 32054K103 358 20,900 0 0 20,900 03 20,900 0 0 FIRST POTOMAC REALTY TRUST 33610F109 175 11,800 0 0 11,800 03 11,800 0 0 FIRST REPUBLIC BANK/CA 33616C100 68 1,763 0 0 1,763 03 1,763 0 0 FIRST SOLAR INC 336433107 607 22,500 0 0 22,500 03 22,500 0 0 First Solar Inc. Com. USD0.001 336433107 6,796 252,066 0 0 252,066 01 252,066 0 0 FIRSTENERGY CORP 337932107 1,800 42,656 0 0 42,656 03 42,656 0 0 FISERV INC 337738108 826 9,400 0 0 9,400 03 9,400 0 0 Fisher Communications Inc. Com. US 337756209 491 12,500 0 0 12,500 01 12,500 0 0 FLEXTRONICS INTL LTD Y2573F102 84 12,498 0 0 12,498 03 12,498 0 0 FLIR SYSTEMS INC 302445101 70 2,700 0 0 2,700 03 2,700 0 0 FLOWSERVE CORP 34354P105 2,667 15,900 0 0 15,900 03 15,900 0 0 Flowserve Corporation Common USD1. 34354P105 419 2,500 0 0 2,500 01 2,500 0 0 FLUOR CORP 343412102 1,524 22,969 0 0 22,969 03 22,969 0 0 FMC CORP 302491303 488 8,600 0 0 8,600 03 8,600 0 0 FMC TECHNOLOGIES INC 30249U101 234 4,300 0 0 4,300 03 4,300 0 0 FOCUS MEDIA HOLDING-ADR 34415V109 282 10,500 0 0 10,500 03 10,500 0 0 FOMENTO ECONOMICO MEX-SP ADR 344419106 276 2,429 0 0 2,429 03 2,429 0 0 Fomento Economico Mex ADR SAB (Rep 344419106 227 2,000 0 0 2,000 01 2,000 0 0 FORD MOTOR CO 345370860 6,590 501,143 0 0 501,143 03 501,143 0 0 --------- 41,446

Form 13F Information Table GAM Holding AG Page 21 of 54 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 Ford Motor Company 4.25% Cv. 15-11 345370CN8 2,655 1,651,000 0 0 1,651,000 01 1,651,000 0 0 Ford Motor Company 4.25% Cv. 15-11 345370CN8 2,453 1,505,000 0 0 1,505,000 02 1,505,000 0 0 Ford Motor Company 4.25% Cv. 15-11 345370CN8 10,297 6,336,000 0 0 6,336,000 01 6,336,000 0 0 FOREST CITY ENTERPRISES-CL A 345550107 595 33,500 0 0 33,500 03 33,500 0 0 FOREST LABORATORIES INC 345838106 2,558 67,242 0 0 67,242 03 67,242 0 0 Fortune Brands Home & Security Com 34964C106 299 8,000 0 0 8,000 01 8,000 0 0 FORUM ENERGY TECHNOLOGIES IN 34984V100 981 34,100 0 0 34,100 03 34,100 0 0 FOSSIL INC 349882100 3,033 31,400 0 0 31,400 03 31,400 0 0 FRANKLIN RESOURCES INC 354613101 5,239 34,740 0 0 34,740 03 34,740 0 0 Fred's Incorporated Class A Common 356108100 9,580 700,000 0 0 700,000 01 700,000 0 0 Freeport-McMoRan Copper & Gold Inc 35671D857 662 20,000 0 0 20,000 01 20,000 0 0 FREEPORT-MCMORAN COPPER 35671D857 7,905 238,830 0 0 238,830 03 238,830 0 0 FRESH MARKET INC/THE 35804H106 513 12,000 0 0 12,000 03 12,000 0 0 FRONTIER COMMUNICATIONS CORP 35906A108 88 22,062 0 0 22,062 03 22,062 0 0 Fusion-Io Inc. Com. USD0.0002 36112J107 2,594 158,500 0 0 158,500 01 158,500 0 0 GAFISA SA-ADR 362607301 325 83,000 0 0 83,000 03 83,000 0 0 GAMESTOP CORP-CLASS A 36467W109 915 32,700 0 0 32,700 03 32,700 0 0 GameStop Corp. Class A Com. USD0.0 36467W109 1,582 56,560 0 0 56,560 01 56,560 0 0 GANNETT CO 364730101 1,492 68,210 0 0 68,210 03 68,210 0 0 GAP INC/THE 364760108 206 5,827 0 0 5,827 03 5,827 0 0 GATX Corporation Common USD0.625 361448103 520 10,000 0 0 10,000 01 10,000 0 0 GENCORP INC 368682100 1,756 132,000 0 0 132,000 03 132,000 0 0 GENERAL DYNAMICS CORP 369550108 395 5,600 0 0 5,600 03 5,600 0 0 GENERAL ELECTRIC CO 369604103 33,889 1,465,813 0 0 1,465,813 03 1,465,813 0 0 General Electric Co. Com. USD0.06 369604103 9,452 408,815 0 0 408,815 01 408,815 0 0 GENERAL GROWTH PROPERTIES 370023103 2,063 103,751 0 0 103,751 03 103,751 0 0 --------- 102,045

Form 13F Information Table GAM Holding AG Page 22 of 54 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 GENERAL MILLS INC 370334104 4,526 91,884 0 0 91,884 03 91,884 0 0 GENERAL MOT 10.7.16 CW/GM 37045V118 370 19,964 0 0 19,964 03 19,964 0 0 GENERAL MOT 10.7.19 CW/GM 37045V126 235 19,964 0 0 19,964 03 19,964 0 0 GENERAL MOTORS CO 37045V100 2,850 102,461 0 0 102,461 03 102,461 0 0 General Motors Co. Com. USD0.01 37045V100 89 3,190 0 0 3,190 01 3,190 0 0 General Motors Cw16 Wts 10-07-2016 37045V118 2 131 0 0 131 01 131 0 0 General Motors Cw19 Wts. 10-07-201 37045V126 2 131 0 0 131 01 131 0 0 Gentiva Health Services Inc. Com. 37247A102 130 12,000 0 0 12,000 01 12,000 0 0 GENUINE PARTS CO 372460105 2,310 29,620 0 0 29,620 03 29,620 0 0 Genuine Parts Company Common USD1. 372460105 1,872 24,000 0 0 24,000 01 24,000 0 0 GERDAU SA -SPON ADR 373737105 134 17,443 0 0 17,443 03 17,443 0 0 GETTY REALTY CORP 374297109 134 6,630 0 0 6,630 03 6,630 0 0 GEVO INC 374396109 122 54,464 0 0 54,464 03 54,464 0 0 Giant Interactive Group-Spon. ADR 374511103 1,105 170,000 0 0 170,000 01 170,000 0 0 GILEAD SCIENCES INC 375558103 21,044 430,082 0 0 430,082 03 430,082 0 0 Gilead Sciences Incorporated Commo 375558103 723 14,770 0 0 14,770 01 14,770 0 0 GLIMCHER REALTY TRUST 379302102 331 28,550 0 0 28,550 03 28,550 0 0 GM 4 3/4 12/01/13 37045V209 1,745 40,648 0 0 40,648 03 40,648 0 0 GNC HOLDINGS INC-CL A 36191G107 1,183 30,100 0 0 30,100 03 30,100 0 0 GOLD FIELDS LTD-SPONS ADR 38059T106 6,866 886,000 0 0 886,000 03 886,000 0 0 Goldcorp Inc. 2% Cv. 01-08-2014 380956AB8 4,662 4,455,000 0 0 4,455,000 01 4,455,000 0 0 Goldcorp Inc. 2% Cv. 01-08-2014 380956AB8 8,251 7,904,000 0 0 7,904,000 02 7,904,000 0 0 Goldcorp Inc. 2% Cv. 01-08-2014 380956AB8 30,24628,910,000 0 028,910,000 01 28,910,000 0 0 Golden Minerals Co. Com. USD0.01 381119106 17 7,232 0 0 7,232 01 7,232 0 0 GOLDMAN SACHS GROUP INC 38141G104 10,554 71,721 0 0 71,721 03 71,721 0 0 GOODYEAR TIRE & RUBBER CO 382550101 314 24,900 0 0 24,900 03 24,900 0 0 --------- 99,818

Form 13F Information Table GAM Holding AG Page 23 of 54 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 GOOGLE INC-CL A 38259P508 36,280 45,685 0 0 45,685 03 45,685 0 0 Google Incorporated Com. Cl A USD0 38259P508 20,065 25,265 0 0 25,265 01 25,265 0 0 GOVERNMENT PROPERTIES INCOME 38376A103 223 8,670 0 0 8,670 03 8,670 0 0 GRAFTECH INTERNATIONAL LTD 384313102 38 5,000 0 0 5,000 03 5,000 0 0 GRAN TIERRA ENERGY INC 38500T101 458 78,500 0 0 78,500 03 78,500 0 0 Graphic Packaging Holding Company 388689101 474 63,300 0 0 63,300 01 63,300 0 0 GREEN MOUNTAIN COFFEE ROASTE 393122106 686 12,086 0 0 12,086 03 12,086 0 0 Green Mountain Coffee Roasters Inc 393122106 1,273 22,425 0 0 22,425 01 22,425 0 0 GREEN PLAINS RENEWABLE ENERG 393222104 126 11,000 0 0 11,000 03 11,000 0 0 Griffon Corporation Common USD0.25 398433102 763 64,000 0 0 64,000 01 64,000 0 0 Grupo Fin Santander-Adr B (1 Rep. 40053C105 540 35,000 0 0 35,000 01 35,000 0 0 Grupo Televisa SA-Sp ADR (1 Rep 5 40049J206 1,935 72,700 0 0 72,700 01 72,700 0 0 Grupo Televisa SA-Sp ADR (1 Rep 5 40049J206 692 26,000 0 0 26,000 01 26,000 0 0 GRUPO TELEVISA SA-SPON ADR 40049J206 193 7,235 0 0 7,235 03 7,235 0 0 GT ADVANCED TECHNOLOGIES INC 36191U106 285 86,700 0 0 86,700 03 86,700 0 0 GUESS? INC 401617105 1,011 40,710 0 0 40,710 03 40,710 0 0 GUGGENHEIM S&P 500 EQUAL WEI 78355W106 1,491 25,000 0 0 25,000 03 25,000 0 0 GULFMARK OFFSHORE INC-CL A 402629208 904 23,200 0 0 23,200 03 23,200 0 0 H&R BLOCK INC 093671105 141 4,800 0 0 4,800 03 4,800 0 0 Halcon Resources Corp Com. USD 0.0 40537Q209 7,785 1,000,000 0 0 1,000,000 01 1,000,000 0 0 HALLIBURTON CO 406216101 6,728 166,490 0 0 166,490 03 166,490 0 0 Halliburton Company Common USD2.50 406216101 1,691 41,845 0 0 41,845 01 41,845 0 0 HANGER INC 41043F208 1,955 62,000 0 0 62,000 03 62,000 0 0 HARLEY-DAVIDSON INC 412822108 2,414 45,300 0 0 45,300 03 45,300 0 0 HARMONY GOLD MNG-SPON ADR 413216300 6,403 998,850 0 0 998,850 03 998,850 0 0 --------- 94,554

Form 13F Information Table GAM Holding AG Page 24 of 54 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 HARRIS CORP 413875105 93 2,000 0 0 2,000 03 2,000 0 0 HARTFORD FINANCIAL SVCS GRP 416515104 4,432 171,800 0 0 171,800 03 171,800 0 0 HASBRO INC 418056107 1,964 44,700 0 0 44,700 03 44,700 0 0 HCA HOLDINGS INC 40412C101 1,869 46,000 0 0 46,000 03 46,000 0 0 HCP INC 40414L109 5,907 118,462 0 0 118,462 03 118,462 0 0 HDFC Bank Ltd. Spon. ADR (1 Rep. 3 40415F101 715 19,100 0 0 19,100 01 19,100 0 0 HEALTH CARE REIT INC 42217K106 5,631 82,917 0 0 82,917 03 82,917 0 0 HEALTHCARE REALTY TRUST INC 421946104 539 19,000 0 0 19,000 03 19,000 0 0 HEALTHSOUTH CORP 421924309 335 12,700 0 0 12,700 03 12,700 0 0 HELMERICH & PAYNE 423452101 3,682 60,666 0 0 60,666 03 60,666 0 0 HENRY SCHEIN INC 806407102 241 2,600 0 0 2,600 03 2,600 0 0 HERSHEY CO/THE 427866108 325 3,709 0 0 3,709 03 3,709 0 0 Hertz Global Holdings Inc Com. USD 42805T105 1,249 56,120 0 0 56,120 01 56,120 0 0 HERTZ GLOBAL HOLDINGS INC 42805T105 118 5,300 0 0 5,300 03 5,300 0 0 Hertz Global Holdings Inc. 5.25% C 42805TAA3 1,488 542,000 0 0 542,000 01 542,000 0 0 Hertz Global Holdings Inc. 5.25% C 42805TAA3 2,899 1,120,000 0 0 1,120,000 02 1,120,000 0 0 Hertz Global Holdings Inc. 5.25% C 42805TAA3 11,360 4,120,000 0 0 4,120,000 01 4,120,000 0 0 HESS CORP 42809H107 2,358 32,931 0 0 32,931 03 32,931 0 0 Hess Corporation Common USD1.00 42809H107 465 6,500 0 0 6,500 01 6,500 0 0 HEWLETT-PACKARD CO 428236103 11,987 502,815 0 0 502,815 03 502,815 0 0 Hewlett Packard Co. Common USD0.01 428236103 4,062 170,339 0 0 170,339 01 170,339 0 0 HIGHWOODS PROPERTIES INC 431284108 665 16,800 0 0 16,800 03 16,800 0 0 Hillshire Brands Co. Com. USD 0.01 432589109 457 13,000 0 0 13,000 01 13,000 0 0 HJ HEINZ CO 423074103 434 6,000 0 0 6,000 03 6,000 0 0 HJ Heinz Co. Common USD0.25 423074103 506 7,000 0 0 7,000 01 7,000 0 0 HMS HOLDINGS CORP 40425J101 4,116 151,600 0 0 151,600 03 151,600 0 0 --------- 67,896

Form 13F Information Table GAM Holding AG Page 25 of 54 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 HOLLYFRONTIER CORP 436106108 288 5,600 0 0 5,600 03 5,600 0 0 HOLOGIC INC 436440101 789 34,912 0 0 34,912 03 34,912 0 0 Hologic Inc. 2% Step Cv. 15-12-203 436440AB7 1,816 1,500,000 0 0 1,500,000 01 1,500,000 0 0 Hologic Inc. DEBT 2.000% 3/0 436440AC5 2,108 2,000,000 0 0 2,000,000 04 2,000,000 0 0 Hologic Inc. Common USD0.01 436440101 3,237 143,254 0 0 143,254 01 143,254 0 0 HOME DEPOT INC 437076102 14,257 204,330 0 0 204,330 03 204,330 0 0 HOME INNS & HOTELS MANAG-ADR 43713W107 715 24,000 0 0 24,000 03 24,000 0 0 HOME PROPERTIES INC 437306103 653 10,300 0 0 10,300 03 10,300 0 0 HONEYWELL INTERNATIONAL INC 438516106 7,294 96,800 0 0 96,800 03 96,800 0 0 Honeywell Intl Inc Com USD1 438516106 829 11,000 0 0 11,000 01 11,000 0 0 HORMEL FOODS CORP 440452100 116 2,800 0 0 2,800 03 2,800 0 0 HOSPIRA INC 441060100 1,102 33,580 0 0 33,580 03 33,580 0 0 HOSPITALITY PROPERTIES TRUST 44106M102 708 25,810 0 0 25,810 03 25,810 0 0 HOST HOTELS & RESORTS INC 44107P104 2,935 167,834 0 0 167,834 03 167,834 0 0 HUB GROUP INC-CL A 443320106 1,550 40,300 0 0 40,300 03 40,300 0 0 HUDSON CITY BANCORP INC 443683107 175 20,200 0 0 20,200 03 20,200 0 0 HUMANA INC 444859102 2,225 32,200 0 0 32,200 03 32,200 0 0 HUNT (JB) TRANSPRT SVCS INC 445658107 134 1,800 0 0 1,800 03 1,800 0 0 HUNTINGTON BANCSHARES INC 446150104 709 95,900 0 0 95,900 03 95,900 0 0 HUNTINGTON BANCSHARES INC 446150104 299 40,229 0 0 40,229 04 40,229 0 0 Huntsman Corporation Common USD0.0 447011107 13,481 725,000 0 0 725,000 01 725,000 0 0 HYPERION THERAPEUTICS INC 44915N101 18 700 0 0 700 03 700 0 0 IAC/InterActiveCorp Common USD0.01 44919P508 463 10,370 0 0 10,370 01 10,370 0 0 ICICI BANK LTD-SPON ADR 45104G104 605 14,100 0 0 14,100 03 14,100 0 0 ICU Medical Incorporated Common US 44930G107 8,848 150,000 0 0 150,000 01 150,000 0 0 IDEXX LABORATORIES INC 45168D104 832 9,000 0 0 9,000 03 9,000 0 0 IHS INC-CLASS A 451734107 1,676 16,000 0 0 16,000 03 16,000 0 0 --------- 67,863

Form 13F Information Table GAM Holding AG Page 26 of 54 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 IHS Inc. Common USD0.01 Class A 451734107 1,855 17,710 0 0 17,710 01 17,710 0 0 ILLINOIS TOOL WORKS 452308109 2,608 42,800 0 0 42,800 03 42,800 0 0 ILLUMINA INC 452327109 664 12,300 0 0 12,300 03 12,300 0 0 IMPAX LABORATORIES INC 45256B101 669 43,300 0 0 43,300 03 43,300 0 0 INCYTE CORP 45337C102 702 30,000 0 0 30,000 03 30,000 0 0 Infinity Property & Casualty Commo 45665Q103 7,029 125,000 0 0 125,000 01 125,000 0 0 INFOSYS LTD-SP ADR 456788108 4,917 91,214 0 0 91,214 03 91,214 0 0 INGERSOLL-RAND PLC G47791101 313 5,698 0 0 5,698 03 5,698 0 0 INLAND REAL ESTATE CORP 457461200 171 16,900 0 0 16,900 03 16,900 0 0 INSULET CORP 45784P101 1,422 55,000 0 0 55,000 03 55,000 0 0 INTEGRATED DEVICE TECH INC 458118106 374 50,000 0 0 50,000 03 50,000 0 0 INTEGRYS ENERGY GROUP INC 45822P105 81 1,400 0 0 1,400 03 1,400 0 0 Intel Corp 3.25% Cv. 01-08-2039 458140AF7 3,664 3,034,000 0 0 3,034,000 01 3,034,000 0 0 Intel Corp 3.25% Cv. 01-08-2039 458140AF7 8,800 7,434,000 0 0 7,434,000 02 7,434,000 0 0 Intel Corp 3.25% Cv. 01-08-2039 458140AF7 24,07319,932,000 0 019,932,000 01 19,932,000 0 0 INTEL CORP 458140100 27,164 1,243,210 0 0 1,243,210 03 1,243,210 0 0 INTERACTIVE BROKERS GRO-CL A 45841N107 2,983 200,100 0 0 200,100 03 200,100 0 0 IntercontinentalExchange Inc Com. 45865V100 2,032 12,460 0 0 12,460 01 12,460 0 0 INTERCONTINENTALEXCHANGE INC 45865V100 1,353 8,300 0 0 8,300 03 8,300 0 0 Internap Network Services Common U 45885A300 374 40,000 0 0 40,000 01 40,000 0 0 International Paper Co Com. USD 1. 460146103 909 19,520 0 0 19,520 01 19,520 0 0 INTERNATIONAL PAPER CO 460146103 2,837 60,910 0 0 60,910 03 60,910 0 0 INTERPUBLIC GROUP OF COS INC 460690100 113 8,700 0 0 8,700 03 8,700 0 0 INTERVAL LEISURE GROUP 46113M108 1,378 63,400 0 0 63,400 03 63,400 0 0 INTL BUSINESS MACHINES CORP 459200101 39,054 183,094 0 0 183,094 03 183,094 0 0 INTL FLAVORS & FRAGRANCES 459506101 115 1,500 0 0 1,500 03 1,500 0 0 --------- 135,657

Form 13F Information Table GAM Holding AG Page 27 of 54 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 INTL GAME TECHNOLOGY 459902102 424 25,700 0 0 25,700 03 25,700 0 0 Intl. Business Machines Corp. Com 459200101 13,506 63,320 0 0 63,320 01 63,320 0 0 INTUIT INC 461202103 2,501 38,100 0 0 38,100 03 38,100 0 0 Intuit Inc. Com. USD 0.01 461202103 1,982 30,190 0 0 30,190 01 30,190 0 0 INTUITIVE SURGICAL INC 46120E602 1,842 3,750 0 0 3,750 03 3,750 0 0 InvenSense Inc. Com. 0.001 46123D205 5,877 550,000 0 0 550,000 01 550,000 0 0 INVESTMENT TECHNOLOGY GROUP 46145F105 750 67,900 0 0 67,900 03 67,900 0 0 INVESTORS REAL ESTATE TRUST 461730103 72 7,300 0 0 7,300 03 7,300 0 0 IPATH MSCI INDIA INDEX ETN 06739F291 455 7,964 0 0 7,964 03 7,964 0 0 IRON MOUNTAIN INC 462846106 812 22,361 0 0 22,361 03 22,361 0 0 IRSA -Sp ADR(1 rep. 10 ord.) 450047204 270 28,600 0 0 28,600 01 28,600 0 0 ISHARES FTSE CHINA 25 INDEX 464287184 1,691 45,840 0 0 45,840 03 45,840 0 0 ISHARES IBOXX H/Y CORP BOND 464288513 10,875 115,266 0 0 115,266 03 115,266 0 0 ISHARES MSCI ACWI INDEX FUND 464288257 208 4,100 0 0 4,100 03 4,100 0 0 ISHARES MSCI AUSTRALIA INDEX 464286103 2,847 105,285 0 0 105,285 03 105,285 0 0 ISHARES MSCI BRAZIL CAPPED I 464286400 3,673 67,412 0 0 67,412 03 67,412 0 0 iShares MSCI Emerging Markets Inde 464287234 6,477 151,000 0 0 151,000 01 151,000 0 0 ISHARES MSCI EMERGING MKT IN 464287234 7,589 177,390 0 0 177,390 03 177,390 0 0 ISHARES MSCI HONG KONG INDEX 464286871 10,444 526,424 0 0 526,424 03 526,424 0 0 ISHARES MSCI INDONESIA INVES 46429B309 13,730 394,100 0 0 394,100 03 394,100 0 0 ISHARES MSCI MALAYSIA 464286830 13,169 879,700 0 0 879,700 03 879,700 0 0 ISHARES MSCI MEXICO CAPPED I 464286822 5,178 69,422 0 0 69,422 03 69,422 0 0 ISHARES MSCI PACIFIC EX JPN 464286665 13,420 270,010 0 0 270,010 03 270,010 0 0 ISHARES MSCI PHILIPPINES 46429B408 1,704 41,410 0 0 41,410 03 41,410 0 0 ISHARES MSCI SINGAPORE 464286673 98 7,000 0 0 7,000 03 7,000 0 0 --------- 119,595

Form 13F Information Table GAM Holding AG Page 28 of 54 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 ISHARES MSCI SOUTH AFRICA 464286780 6,583 103,100 0 0 103,100 03 103,100 0 0 ISHARES MSCI SOUTH KOREA CAP 464286772 2,288 38,500 0 0 38,500 03 38,500 0 0 iShares MSCI South Korea Capped In 464286772 1,176 20,000 0 0 20,000 01 20,000 0 0 ISHARES MSCI SWEDEN INDEX FD 464286756 6,663 204,955 0 0 204,955 03 204,955 0 0 ISHARES MSCI TAIWAN INDEX FD 464286731 5,035 377,410 0 0 377,410 03 377,410 0 0 ISHARES MSCI THAILAND CAPPED 464286624 8,017 88,000 0 0 88,000 03 88,000 0 0 ISHARES NASDAQ BIOTECH INDX 464287556 960 6,000 0 0 6,000 03 6,000 0 0 ISHARES S&P LATIN AMERICA 40 464287390 349 8,000 0 0 8,000 03 8,000 0 0 ITAU UNIBANCO HLDNG-PREF ADR 465562106 6,371 357,903 0 0 357,903 03 357,903 0 0 Itau Unibanco Holding Pref. ADR (1 465562106 2,669 150,000 0 0 150,000 01 150,000 0 0 ITRON INC 465741106 4,524 97,500 0 0 97,500 03 97,500 0 0 Itron Inc. Com. NPV 465741106 12,974 279,606 0 0 279,606 01 279,606 0 0 J.C. PENNEY CO INC 708160106 39 2,600 0 0 2,600 03 2,600 0 0 J.P. Morgan Chase & Co. Com. USD1. 46625H100 427 9,000 0 0 9,000 01 9,000 0 0 JABIL CIRCUIT INC 466313103 554 30,000 0 0 30,000 03 30,000 0 0 Jabil Circuit Inc. Com. USD0.001 466313103 978 52,965 0 0 52,965 01 52,965 0 0 JACOBS ENGINEERING GROUP INC 469814107 4,222 75,075 0 0 75,075 03 75,075 0 0 JDS UNIPHASE CORP 46612J507 2,006 150,000 0 0 150,000 03 150,000 0 0 JDS Uniphase Corp. Common USD0.001 46612J507 1,197 89,545 0 0 89,545 01 89,545 0 0 JM SMUCKER CO/THE 832696405 1,696 17,102 0 0 17,102 03 17,102 0 0 Johnson & Johnson Common USD1.00 478160104 13,258 162,610 0 0 162,610 01 162,610 0 0 JOHNSON & JOHNSON 478160104 45,539 558,551 0 0 558,551 03 558,551 0 0 JOHNSON CONTROLS INC 478366107 2,641 75,300 0 0 75,300 03 75,300 0 0 JONES LANG LASALLE INC 48020Q107 4,618 46,450 0 0 46,450 03 46,450 0 0 JOY GLOBAL INC 481165108 1,917 32,200 0 0 32,200 03 32,200 0 0 --------- 136,698

Form 13F Information Table GAM Holding AG Page 29 of 54 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 JPMORGAN CHASE & CO 46625H100 34,706 731,265 0 0 731,265 03 731,265 0 0 JUNIPER NETWORKS INC 48203R104 2,533 136,600 0 0 136,600 03 136,600 0 0 KAISER ALUMINUM CORP 483007704 595 9,200 0 0 9,200 03 9,200 0 0 Kaman Corporation Common USD1.00 483548103 213 6,000 0 0 6,000 01 6,000 0 0 Kansas City Southern Com. USD0.01 485170302 256 2,305 0 0 2,305 01 2,305 0 0 KANSAS CITY SOUTHERN 485170302 222 2,000 0 0 2,000 03 2,000 0 0 KB HOME NOTE 1.375% 2/0 48666KAS8 4,631 4,200,000 0 0 4,200,000 04 4,200,000 0 0 KBR INC 48242W106 306 9,530 0 0 9,530 03 9,530 0 0 KELLOGG CO 487836108 947 14,700 0 0 14,700 03 14,700 0 0 KEYCORP 493267108 177 17,800 0 0 17,800 03 17,800 0 0 KEYCORP 493267108 295 29,657 0 0 29,657 04 29,657 0 0 KILROY REALTY CORP 49427F108 821 15,660 0 0 15,660 03 15,660 0 0 KIMBERLY-CLARK CORP 494368103 5,211 53,185 0 0 53,185 03 53,185 0 0 Kimberly-Clark Corporation Com. US 494368103 7,009 71,540 0 0 71,540 01 71,540 0 0 KIMCO REALTY CORP 49446R109 2,206 98,500 0 0 98,500 03 98,500 0 0 KINDER MORGAN INC 49456B101 464 11,994 0 0 11,994 03 11,994 0 0 KINDER MORGAN MANAGEMENT LLC 49455U100 158 1,800 0 0 1,800 03 1,800 0 0 KIOR INC - CL A 497217109 141 30,385 0 0 30,385 03 30,385 0 0 KIRBY CORP 497266106 1,997 26,000 0 0 26,000 03 26,000 0 0 KITE REALTY GROUP TRUST 49803T102 97 14,400 0 0 14,400 03 14,400 0 0 KLA-TENCOR CORPORATION 482480100 3,302 62,600 0 0 62,600 03 62,600 0 0 KOHLS CORP 500255104 3,697 80,152 0 0 80,152 03 80,152 0 0 Korea Elec Power Corp-SP ADR (2 Re 500631106 680 50,000 0 0 50,000 01 50,000 0 0 KOREA ELEC POWER CORP-SP ADR 500631106 1,478 108,725 0 0 108,725 03 108,725 0 0 KRAFT FOODS GROUP INC 50076Q106 6,546 127,029 0 0 127,029 03 127,029 0 0 KRATON PERFORMANCE POLYMERS 50077C106 613 26,200 0 0 26,200 03 26,200 0 0 KROGER CO 501044101 2,283 68,900 0 0 68,900 03 68,900 0 0 --------- 81,583

Form 13F Information Table GAM Holding AG Page 30 of 54 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 KT CORP-SP ADR 48268K101 6,111 389,020 0 0 389,020 03 389,020 0 0 L-3 COMMUNICATIONS HOLDINGS 502424104 2,242 27,705 0 0 27,705 03 27,705 0 0 LABORATORY CRP OF AMER HLDGS 50540R409 2,048 22,700 0 0 22,700 03 22,700 0 0 LAM RESEARCH CORP 512807108 965 23,283 0 0 23,283 03 23,283 0 0 Lam Research Corp. 0.5% Cv. 15-05- 512807AJ7 1,409 1,380,000 0 0 1,380,000 01 1,380,000 0 0 Lam Research Corp. 0.5% Cv. 15-05- 512807AJ7 3,568 3,500,000 0 0 3,500,000 02 3,500,000 0 0 Lam Research Corp. 0.5% Cv. 15-05- 512807AJ7 9,312 9,120,000 0 0 9,120,000 01 9,120,000 0 0 Lam Research Corp. 0.5% Cv. 15-05- 512807AJ7 4,391 4,300,000 0 0 4,300,000 04 4,300,000 0 0 Landstar System Inc. Common USD0.0 515098101 593 10,390 0 0 10,390 01 10,390 0 0 LAS VEGAS SANDS CORP 517834107 2,399 42,572 0 0 42,572 03 42,572 0 0 LASALLE HOTEL PROPERTIES 517942108 492 19,400 0 0 19,400 03 19,400 0 0 LATAM AIRLINES GROUP-SP ADR 51817R106 413 19,000 0 0 19,000 03 19,000 0 0 LEGG MASON INC 524901105 4,125 128,310 0 0 128,310 03 128,310 0 0 LEGGETT & PLATT INC 524660107 108 3,200 0 0 3,200 03 3,200 0 0 LENNAR CORP-A 526057104 1,779 42,900 0 0 42,900 03 42,900 0 0 LEUCADIA NATIONAL CORP 527288104 104 3,800 0 0 3,800 03 3,800 0 0 LEVEL 3 COMMUNICATIONS INC 52729N308 48 2,347 0 0 2,347 03 2,347 0 0 LEXINGTON REALTY TRUST 529043101 407 34,521 0 0 34,521 03 34,521 0 0 LIBERTY GLOBAL INC-A 530555101 185 2,525 0 0 2,525 03 2,525 0 0 LIBERTY GLOBAL INC-SERIES C 530555309 144 2,100 0 0 2,100 03 2,100 0 0 Liberty Global Inc. Class A Com. U 530555101 1,101 15,000 0 0 15,000 01 15,000 0 0 LIBERTY INTERACTIVE CORP-A 53071M104 207 9,700 0 0 9,700 03 9,700 0 0 Liberty Interactive Corp. A Com. U 53071M104 107 5,000 0 0 5,000 01 5,000 0 0 LIBERTY MEDIA CORP - A 531229102 1,720 15,404 0 0 15,404 03 15,404 0 0 LIBERTY PROPERTY TRUST 531172104 1,069 26,900 0 0 26,900 03 26,900 0 0 Liberty Spinco Inc. Com. USD0.01 531229102 3,014 27,000 0 0 27,000 01 27,000 0 0 Liberty Spinco Inc. Com. USD0.01 531229102 134 1,200 0 0 1,200 01 1,200 0 0 --------- 48,198

Form 13F Information Table GAM Holding AG Page 31 of 54 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 Liberty Ventures Com. NPV 53071M880 165 2,187 0 0 2,187 01 2,187 0 0 LIFE TECHNOLOGIES CORP 53217V109 817 12,639 0 0 12,639 03 12,639 0 0 LIFE TIME FITNESS INC 53217R207 997 23,300 0 0 23,300 03 23,300 0 0 LifeLock Inc Com. USD 0.001 53224V100 563 58,500 0 0 58,500 01 58,500 0 0 LIMONEIRA CO 532746104 33 1,710 0 0 1,710 03 1,710 0 0 LINCOLN ELECTRIC HOLDINGS 533900106 417 7,700 0 0 7,700 03 7,700 0 0 LINCOLN NATIONAL CORP 534187109 740 22,700 0 0 22,700 03 22,700 0 0 LINEAR TECHNOLOGY CORP 535678106 1,700 44,300 0 0 44,300 03 44,300 0 0 LINKEDIN CORP - A 53578A108 252 1,433 0 0 1,433 03 1,433 0 0 Linkedin Corp. A Com. USD0.0001 53578A108 2,197 12,480 0 0 12,480 01 12,480 0 0 LIVEPERSON INC 538146101 272 20,000 0 0 20,000 03 20,000 0 0 LKQ CORP 501889208 3,594 165,161 0 0 165,161 03 165,161 0 0 LOCKHEED MARTIN CORP 539830109 483 5,000 0 0 5,000 03 5,000 0 0 LOEWS CORP 540424108 234 5,300 0 0 5,300 03 5,300 0 0 LORILLARD INC 544147101 1,907 47,259 0 0 47,259 03 47,259 0 0 Lowe's Companies Inc. Common USD0. 548661107 2,593 68,380 0 0 68,380 01 68,380 0 0 LOWE'S COS INC 548661107 4,958 130,754 0 0 130,754 03 130,754 0 0 LSB INDUSTRIES INC 502160104 3,478 100,000 0 0 100,000 03 100,000 0 0 LSI CORP 502161102 487 71,800 0 0 71,800 03 71,800 0 0 LTC PROPERTIES INC 502175102 232 5,700 0 0 5,700 03 5,700 0 0 LULULEMON ATHLETICA INC 550021109 125 2,000 0 0 2,000 03 2,000 0 0 M & T BANK CORP 55261F104 475 4,600 0 0 4,600 03 4,600 0 0 MACERICH CO/THE 554382101 2,067 32,105 0 0 32,105 03 32,105 0 0 MACK-CALI REALTY CORP 554489104 514 17,960 0 0 17,960 03 17,960 0 0 MACY'S INC 55616P104 1,565 37,400 0 0 37,400 03 37,400 0 0 --------- 30,864

Form 13F Information Table GAM Holding AG Page 32 of 54 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 Madison Square Garden Co. A NPV 55826P100 576 10,000 0 0 10,000 01 10,000 0 0 MANPOWER INC 56418H100 96 1,700 0 0 1,700 03 1,700 0 0 MARATHON OIL CORP 565849106 3,697 109,640 0 0 109,640 03 109,640 0 0 MARATHON PETROLEUM CORP 56585A102 7,371 82,267 0 0 82,267 03 82,267 0 0 Markel Corp Common NPV 570535104 721 1,430 0 0 1,430 01 1,430 0 0 Market Vectors Brazil Small-Cap ET 57060U613 718 17,050 0 0 17,050 01 17,050 0 0 MARKET VECTORS GOLD MINERS 57060U100 5,678 150,000 0 0 150,000 03 150,000 0 0 MARKET VECTORS JR GOLD MINER 57060U589 6,863 410,000 0 0 410,000 03 410,000 0 0 Market Vectors Long Municipal Inde 57060U886 128 6,400 0 0 6,400 01 6,400 0 0 Market Vectors Russia ETF 57060U506 67 2,400 0 0 2,400 01 2,400 0 0 MARKET VECTORS RUSSIA ETF 57060U506 8 281 0 0 281 03 281 0 0 MARRIOTT INTERNATIONAL -CL A 571903202 1,025 24,262 0 0 24,262 03 24,262 0 0 MARSH & MCLENNAN COS 571748102 3,117 82,100 0 0 82,100 03 82,100 0 0 MARTIN MARIETTA MATERIALS 573284106 92 900 0 0 900 03 900 0 0 MARVELL TECHNOLOGY GROUP LTD G5876H105 85 8,000 0 0 8,000 03 8,000 0 0 MASCO CORP 574599106 136 6,700 0 0 6,700 03 6,700 0 0 MASTEC INC 576323109 1,979 67,900 0 0 67,900 03 67,900 0 0 MASTERCARD INC-CLASS A 57636Q104 8,520 15,745 0 0 15,745 03 15,745 0 0 Mastercard Inc. Class A Com. USD0. 57636Q104 4,607 8,513 0 0 8,513 01 8,513 0 0 Materion Corp. Common NPV 576690101 256 9,000 0 0 9,000 01 9,000 0 0 MATTEL INC 577081102 5,067 115,700 0 0 115,700 03 115,700 0 0 MAXIM INTEGRATED PRODUCTS 57772K101 173 5,300 0 0 5,300 03 5,300 0 0 MCCORMICK & CO-NON VTG SHRS 579780206 2,368 32,200 0 0 32,200 03 32,200 0 0 McDermott International Inc Com. U 580037109 1,005 91,330 0 0 91,330 01 91,330 0 0 MCDONALD'S CORP 580135101 20,905 209,720 0 0 209,720 03 209,720 0 0 --------- 75,255

Form 13F Information Table GAM Holding AG Page 33 of 54 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 McDonald's Corporation Common USD0 580135101 13,668 137,110 0 0 137,110 01 137,110 0 0 MCGRAW-HILL COMPANIES INC 580645109 335 6,435 0 0 6,435 03 6,435 0 0 McGraw-Hill Companies Inc. Common 580645109 16,524 317,290 0 0 317,290 01 317,290 0 0 MCKESSON CORP 58155Q103 3,906 36,184 0 0 36,184 03 36,184 0 0 MDU RESOURCES GROUP INC 552690109 78 3,115 0 0 3,115 03 3,115 0 0 MEAD JOHNSON NUTRITION CO 582839106 1,906 24,606 0 0 24,606 03 24,606 0 0 Mead Johnson Nutrition Co. Com. US 582839106 349 4,500 0 0 4,500 01 4,500 0 0 MEADWESTVACO CORP 583334107 113 3,100 0 0 3,100 03 3,100 0 0 MECHEL-SPONSORED ADR 583840103 15 3,000 0 0 3,000 03 3,000 0 0 Media General Inc. Cls. A Common U 584404107 267 45,000 0 0 45,000 01 45,000 0 0 MEDICAL PROPERTIES TRUST INC 58463J304 491 30,590 0 0 30,590 03 30,590 0 0 MEDIVATION INC 58501N101 281 6,000 0 0 6,000 03 6,000 0 0 MEDNAX INC 58502B106 5,180 57,796 0 0 57,796 03 57,796 0 0 MEDTRONIC INC 585055106 11,214 238,804 0 0 238,804 03 238,804 0 0 Medtronic Incorporated Common USD0 585055106 13,310 283,430 0 0 283,430 01 283,430 0 0 Melco Crown Entertainment ADR(1 re 585464100 374 16,000 0 0 16,000 01 16,000 0 0 Mellanox Technologies Com. ILS0.01 M51363113 3,943 71,000 0 0 71,000 01 71,000 0 0 MELLANOX TECHNOLOGIES LTD M51363113 555 10,000 0 0 10,000 03 10,000 0 0 MEMC ELECTRONIC MATERIALS 552715104 264 60,000 0 0 60,000 03 60,000 0 0 MercadoLibre Inc. Com. USD0.001 58733R102 435 4,500 0 0 4,500 01 4,500 0 0 MERCK & CO. INC. 58933Y105 24,985 564,922 0 0 564,922 03 564,922 0 0 Methanex Corporation Common NPV 59151K108 1,074 26,432 0 0 26,432 01 26,432 0 0 METLIFE INC 59156R108 5,682 149,443 0 0 149,443 03 149,443 0 0 METROPCS COMMUNICATIONS INC 591708102 76 7,000 0 0 7,000 03 7,000 0 0 MGM RESORTS INTERNATIONAL 552953101 109 8,300 0 0 8,300 03 8,300 0 0 --------- 105,132

Form 13F Information Table GAM Holding AG Page 34 of 54 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 MICROCHIP TECHNOLOGY INC 595017104 132 3,600 0 0 3,600 03 3,600 0 0 Micron Technology Inc Com. USD 0.1 595112103 8,038 805,851 0 0 805,851 01 805,851 0 0 MICRON TECHNOLOGY INC 595112103 202 20,255 0 0 20,255 03 20,255 0 0 MICROSOFT CORP 594918104 46,863 1,638,076 0 0 1,638,076 03 1,638,076 0 0 Microsoft Corporation Com. USD0.00 594918104 17,767 621,106 0 0 621,106 01 621,106 0 0 MID-AMERICA APARTMENT COMM 59522J103 642 9,300 0 0 9,300 03 9,300 0 0 Millicom Intl Cellular SA Com. USD L6388F110 633 8,000 0 0 8,000 01 8,000 0 0 MINDRAY MEDICAL INTL LTD-ADR 602675100 539 13,500 0 0 13,500 03 13,500 0 0 MOBILE TELESYSTEMS-SP ADR 607409109 5,401 260,420 0 0 260,420 03 260,420 0 0 Mobile Telesystems Spon. ADR (1 Re 607409109 421 20,300 0 0 20,300 01 20,300 0 0 Modine Manufacturing Co. Common US 607828100 644 70,730 0 0 70,730 01 70,730 0 0 MOHAWK INDUSTRIES INC 608190104 124 1,100 0 0 1,100 03 1,100 0 0 MOLEX INC 608554101 3,490 119,189 0 0 119,189 03 119,189 0 0 MOLSON COORS BREWING CO -B 60871R209 105 2,148 0 0 2,148 03 2,148 0 0 Molson Coors Brewing Co. Cv. 2.5% 60871RAA8 1,207 1,164,000 0 0 1,164,000 01 1,164,000 0 0 Molson Coors Brewing Co. Cv. 2.5% 60871RAA8 1,950 1,884,000 0 0 1,884,000 02 1,884,000 0 0 Molson Coors Brewing Co. Cv. 2.5% 60871RAA8 8,125 7,884,000 0 0 7,884,000 01 7,884,000 0 0 Molycorp Inc. Common NPV 608753109 736 141,760 0 0 141,760 01 141,760 0 0 MONDELEZ INTERNATIONAL INC-A 609207105 12,982 424,123 0 0 424,123 03 424,123 0 0 Mondelez International Inc. Com. N 609207105 16,461 537,670 0 0 537,670 01 537,670 0 0 Moneygram International Inc. Com. 60935Y208 95 5,250 0 0 5,250 01 5,250 0 0 MONSANTO CO 61166W101 7,168 67,879 0 0 67,879 03 67,879 0 0 Monsanto Company Common USD0.01 61166W101 5,277 49,960 0 0 49,960 01 49,960 0 0 Monster Beverage Corp Com. USD 0.0 611740101 845 17,695 0 0 17,695 01 17,695 0 0 MONSTER BEVERAGE CORP 611740101 610 12,768 0 0 12,768 03 12,768 0 0 MOODY'S CORP 615369105 192 3,600 0 0 3,600 03 3,600 0 0 MOODY'S CORP 615369105 303 5,679 0 0 5,679 04 5,679 0 0 --------- 140,953

Form 13F Information Table GAM Holding AG Page 35 of 54 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 Morgan Stanley Common USD0.01 617446448 55 2,500 0 0 2,500 01 2,500 0 0 MORGAN STANLEY INDIA INVEST 61745C105 639 36,000 0 0 36,000 03 36,000 0 0 MORGAN STANLEY 617446448 3,790 172,439 0 0 172,439 03 172,439 0 0 Mosaic Co. (The) Common NPV 61945C103 2,565 43,030 0 0 43,030 01 43,030 0 0 MOSAIC CO/THE 61945C103 3,417 57,323 0 0 57,323 03 57,323 0 0 MOTOROLA SOLUTIONS INC 620076307 1,944 30,355 0 0 30,355 03 30,355 0 0 Mueller Industries Inc. Com. USD0. 624756102 213 4,000 0 0 4,000 01 4,000 0 0 MURPHY OIL CORP 626717102 2,161 33,912 0 0 33,912 03 33,912 0 0 MYLAN INC 628530107 217 7,500 0 0 7,500 03 7,500 0 0 MYR GROUP INC/DELAWARE 55405W104 698 28,400 0 0 28,400 03 28,400 0 0 NABORS INDUSTRIES LTD G6359F103 890 54,900 0 0 54,900 03 54,900 0 0 NASDAQ OMX GROUP/THE 631103108 3,472 107,500 0 0 107,500 03 107,500 0 0 NATIONAL FINANCIAL PARTNERS 63607P208 807 36,000 0 0 36,000 03 36,000 0 0 National Fuel Gas Co. Com. USD1.00 636180101 1,656 27,000 0 0 27,000 01 27,000 0 0 NATIONAL OILWELL VARCO INC 637071101 7,872 111,271 0 0 111,271 03 111,271 0 0 NATIONAL RETAIL PROPERTIES 637417106 940 26,000 0 0 26,000 03 26,000 0 0 NATIONSTAR MORTGAGE HOLDINGS 63861C109 1,520 41,200 0 0 41,200 03 41,200 0 0 NATIONSTAR MORTGAGE HOLDINGS 63861C109 651 17,634 0 0 17,634 04 17,634 0 0 NATL HEALTH INVESTORS INC 63633D104 792 12,100 0 0 12,100 03 12,100 0 0 NAVISTAR INTL CORP NEW NOTE 3.000% 63934EAL2 4,454 4,300,000 0 0 4,300,000 04 4,300,000 0 0 Navistar International Corp Com. U 63934E108 449 13,000 0 0 13,000 01 13,000 0 0 NEKTAR THERAPEUTICS 640268108 254 23,100 0 0 23,100 03 23,100 0 0 NETAPP INC 64110D104 1,079 31,599 0 0 31,599 03 31,599 0 0 NETEASE INC-ADR 64110W102 1,333 24,340 0 0 24,340 03 24,340 0 0 NETFLIX INC 64110L106 227 1,200 0 0 1,200 03 1,200 0 0 NETGEAR INC 64111Q104 570 17,000 0 0 17,000 03 17,000 0 0 NeuStar Inc. Com. USD 0.001 64126X201 228 4,900 0 0 4,900 01 4,900 0 0 --------- 42,895

Form 13F Information Table GAM Holding AG Page 36 of 54 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 Nevsun Resources Ltd. NPV 64156L101 575 150,000 0 0 150,000 01 150,000 0 0 NEW ORIENTAL EDUCATIO-SP ADR 647581107 450 25,000 0 0 25,000 03 25,000 0 0 NEW YORK COMMUNITY BANCORP 649445103 119 8,300 0 0 8,300 03 8,300 0 0 NEWELL RUBBERMAID INC 651229106 149 5,700 0 0 5,700 03 5,700 0 0 NEWFIELD EXPLORATION CO 651290108 67 3,000 0 0 3,000 03 3,000 0 0 Newmont Mining Corp 1.25% Cv. 15-0 651639AH9 2,306 2,047,000 0 0 2,047,000 01 2,047,000 0 0 Newmont Mining Corp 1.25% Cv. 15-0 651639AH9 4,275 3,823,000 0 0 3,823,000 02 3,823,000 0 0 Newmont Mining Corp 1.25% Cv. 15-0 651639AH9 15,56413,865,000 0 013,865,000 01 13,865,000 0 0 Newmont Mining Corp 1.625% Cv. 15- 651639AJ5 577 468,000 0 0 468,000 01 468,000 0 0 Newmont Mining Corp 1.625% Cv. 15- 651639AJ5 1,228 1,008,000 0 0 1,008,000 02 1,008,000 0 0 Newmont Mining Corp 1.625% Cv. 15- 651639AJ5 4,336 3,524,000 0 0 3,524,000 01 3,524,000 0 0 NEWMONT MINING CORP 651639106 8,605 205,421 0 0 205,421 03 205,421 0 0 Newmont Mining Corporation Com. US 651639106 1,382 33,000 0 0 33,000 01 33,000 0 0 NEWS CORP-B 65248E203 252 8,200 0 0 8,200 03 8,200 0 0 NEWS CORP-CL A 65248E104 7,937 260,216 0 0 260,216 03 260,216 0 0 News Corporation Inc. Cls A Com. U 65248E104 305 10,000 0 0 10,000 01 10,000 0 0 NEXTERA ENERGY INC 65339F101 2,240 28,831 0 0 28,831 03 28,831 0 0 NIKE INC -CL B 654106103 23,252 394,040 0 0 394,040 03 394,040 0 0 NIKE Incorporated Class B Common N 654106103 13,347 226,200 0 0 226,200 01 226,200 0 0 NISOURCE INC 65473P105 141 4,800 0 0 4,800 03 4,800 0 0 NOBLE ENERGY INC 655044105 717 6,200 0 0 6,200 03 6,200 0 0 Nordson Corp Com. NPV 655663102 324 4,907 0 0 4,907 01 4,907 0 0 NORDSTROM INC 655664100 229 4,150 0 0 4,150 03 4,150 0 0 NORFOLK SOUTHERN CORP 655844108 3,616 46,917 0 0 46,917 03 46,917 0 0 NORTEL NETWORKS CORP 656568508 0 190 0 0 190 03 190 0 0 NORTHEAST UTILITIES 664397106 243 5,586 0 0 5,586 03 5,586 0 0 NORTHERN TRUST CORP 665859104 1,577 28,900 0 0 28,900 03 28,900 0 0 --------- 93,815

Form 13F Information Table GAM Holding AG Page 37 of 54 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 Northern Trust Corp. Com. USD1.667 665859104 764 14,000 0 0 14,000 01 14,000 0 0 NORTHROP GRUMMAN CORP 666807102 304 4,336 0 0 4,336 03 4,336 0 0 NORTHSTAR REALTY FINANCE COR 66704R100 1,194 125,900 0 0 125,900 03 125,900 0 0 NPS PHARMACEUTICALS INC 62936P103 153 15,000 0 0 15,000 03 15,000 0 0 NRG Energy Inc Com. USD 0.01 629377508 1,606 60,615 0 0 60,615 01 60,615 0 0 NRG ENERGY INC 629377508 151 5,686 0 0 5,686 03 5,686 0 0 NTT DOCOMO INC-SPON ADR 62942M201 21 1,400 0 0 1,400 03 1,400 0 0 NUANCE COMMUNICATIONS INC 67020Y100 89 4,400 0 0 4,400 03 4,400 0 0 NUCOR CORP 670346105 2,289 49,595 0 0 49,595 03 49,595 0 0 NVIDIA CORP 67066G104 1,615 125,950 0 0 125,950 03 125,950 0 0 NXP Semiconductors NV Common NPV N6596X109 810 26,740 0 0 26,740 01 26,740 0 0 NYSE EURONEXT 629491101 943 24,400 0 0 24,400 03 24,400 0 0 O'REILLY AUTOMOTIVE INC 67103H107 222 2,166 0 0 2,166 03 2,166 0 0 O'Reilly Automotive Inc. Com. USD0 67103H107 225 2,200 0 0 2,200 01 2,200 0 0 OASIS PETROLEUM INC 674215108 1,070 28,100 0 0 28,100 03 28,100 0 0 OCCIDENTAL PETROLEUM CORP 674599105 11,955 152,559 0 0 152,559 03 152,559 0 0 OCEANEERING INTL INC 675232102 153 2,300 0 0 2,300 03 2,300 0 0 OFFICE DEPOT INC 676220106 281 71,500 0 0 71,500 03 71,500 0 0 OGE ENERGY CORP 670837103 127 1,812 0 0 1,812 03 1,812 0 0 OI SA-ADR 670851104 41 12,326 0 0 12,326 03 12,326 0 0 OI SA-ADR 670851203 981 322,785 0 0 322,785 03 322,785 0 0 OIL STATES INTERNATIONAL INC 678026105 1,134 13,900 0 0 13,900 03 13,900 0 0 OMEGA HEALTHCARE INVESTORS 681936100 716 23,600 0 0 23,600 03 23,600 0 0 OMNICARE INC 681904108 73 1,800 0 0 1,800 03 1,800 0 0 Omnicom Group Inc Com. USD0.15 681919106 13,498 229,190 0 0 229,190 01 229,190 0 0 --------- 40,414

Form 13F Information Table GAM Holding AG Page 38 of 54 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 OMNICOM GROUP 681919106 1,461 24,800 0 0 24,800 03 24,800 0 0 On Semiconductor Corp. Com. USD0.0 682189105 1,190 143,750 0 0 143,750 01 143,750 0 0 ONEOK INC 682680103 172 3,600 0 0 3,600 03 3,600 0 0 ONYX PHARMACEUTICALS INC 683399109 2,799 31,500 0 0 31,500 03 31,500 0 0 OPTIMER PHARMACEUTICALS INC 68401H104 162 13,600 0 0 13,600 03 13,600 0 0 ORACLE CORP 68389X105 32,282 998,205 0 0 998,205 03 998,205 0 0 OWENS-ILLINOIS INC 690768403 80 3,000 0 0 3,000 03 3,000 0 0 OWENS CORNING 690742101 1,046 26,530 0 0 26,530 03 26,530 0 0 P G & E CORP 69331C108 2,579 57,920 0 0 57,920 03 57,920 0 0 PACCAR INC 693718108 466 9,225 0 0 9,225 03 9,225 0 0 PALL CORP 696429307 149 2,178 0 0 2,178 03 2,178 0 0 Palo Alto Networks Inc Com. USD 0. 697435105 3,107 54,900 0 0 54,900 01 54,900 0 0 Pandora Media Inc Com. USD 0.0001 698354107 1,666 117,615 0 0 117,615 01 117,615 0 0 PARKER HANNIFIN CORP 701094104 5,015 54,756 0 0 54,756 03 54,756 0 0 PARKWAY PROPERTIES INC 70159Q104 100 5,400 0 0 5,400 03 5,400 0 0 PATTERSON-UTI ENERGY INC 703481101 179 7,500 0 0 7,500 03 7,500 0 0 Patterson-UTI Energy Inc. Com. USD 703481101 2,052 86,110 0 0 86,110 01 86,110 0 0 PATTERSON COS INC 703395103 72 1,900 0 0 1,900 03 1,900 0 0 PAYCHEX INC 704326107 210 6,000 0 0 6,000 03 6,000 0 0 PEABODY ENERGY CORP 704549104 2,595 122,718 0 0 122,718 03 122,718 0 0 PENN REAL ESTATE INVEST TST 709102107 256 13,200 0 0 13,200 03 13,200 0 0 Penske Auto Group Inc. Common USD0 70959W103 12,512 375,000 0 0 375,000 01 375,000 0 0 PENTAIR LTD-REGISTERED H6169Q108 5,610 106,354 0 0 106,354 03 106,354 0 0 PEOPLE'S UNITED FINANCIAL 712704105 105 7,800 0 0 7,800 03 7,800 0 0 Pep Boys-Manny Moe & Jack Com. USD 713278109 59 5,000 0 0 5,000 01 5,000 0 0 --------- 75,925

Form 13F Information Table GAM Holding AG Page 39 of 54 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 PEPCO HOLDINGS INC 713291102 109 5,100 0 0 5,100 03 5,100 0 0 PEPSICO INC 713448108 28,451 359,634 0 0 359,634 03 359,634 0 0 PepsiCo Incorporated Com. USD0.017 713448108 16,852 213,030 0 0 213,030 01 213,030 0 0 PERKINELMER INC 714046109 673 20,000 0 0 20,000 03 20,000 0 0 PERRIGO CO 714290103 190 1,600 0 0 1,600 03 1,600 0 0 PETROCHINA CO LTD -ADR 71646E100 303 2,300 0 0 2,300 03 2,300 0 0 PETROLEO BRASILEIRO-SPON ADR 71654V101 1,590 87,611 0 0 87,611 03 87,611 0 0 Petroleo Brasileiro ADR (1 Rep. 2 71654V101 1,452 80,000 0 0 80,000 01 80,000 0 0 PETROLEO BRASILEIRO S.A.-ADR 71654V408 975 58,823 0 0 58,823 03 58,823 0 0 Petroleo Brasileiro SA ADR (1 Rep. 71654V408 1,674 101,000 0 0 101,000 01 101,000 0 0 PETSMART INC 716768106 187 3,009 0 0 3,009 03 3,009 0 0 PFIZER INC 717081103 38,639 1,338,842 0 0 1,338,842 03 1,338,842 0 0 Pfizer Incorporated Common USD0.05 717081103 26,343 912,780 0 0 912,780 01 912,780 0 0 Philip Morris International Inc Co 718172109 169 1,820 0 0 1,820 01 1,820 0 0 PHILIP MORRIS INTERNATIONAL 718172109 22,932 247,350 0 0 247,350 03 247,350 0 0 Phillips 66 Com. NPV 718546104 10,496 150,000 0 0 150,000 01 150,000 0 0 PHILLIPS 66 718546104 6,946 99,266 0 0 99,266 03 99,266 0 0 PIEDMONT OFFICE REALTY TRU-A 720190206 762 38,900 0 0 38,900 03 38,900 0 0 PINNACLE WEST CAPITAL 723484101 104 1,800 0 0 1,800 03 1,800 0 0 PIONEER NATURAL RESOURCES CO 723787107 2,310 18,594 0 0 18,594 03 18,594 0 0 Pioneer Natural Resources Com. USD 723787107 662 5,330 0 0 5,330 01 5,330 0 0 PITNEY BOWES INC 724479100 58 3,900 0 0 3,900 03 3,900 0 0 PLAINS EXPLORATION & PRODUCT 726505100 109 2,300 0 0 2,300 03 2,300 0 0 PLUM CREEK TIMBER CO 729251108 6,212 119,002 0 0 119,002 03 119,002 0 0 PMC - SIERRA INC 69344F106 340 50,000 0 0 50,000 03 50,000 0 0 --------- 168,536

Form 13F Information Table GAM Holding AG Page 40 of 54 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 PNC FINANCIAL SERVICES GROUP 693475105 3,501 52,648 0 0 52,648 03 52,648 0 0 PNC Financial Services Grp. Com. U 693475105 665 10,000 0 0 10,000 01 10,000 0 0 POLARIS INDUSTRIES INC 731068102 129 1,400 0 0 1,400 03 1,400 0 0 Polypore International Inc. Com. U 73179V103 1,392 34,650 0 0 34,650 01 34,650 0 0 Post Holdings Inc. Com. NPV 737446104 6,971 162,384 0 0 162,384 01 162,384 0 0 Post Holdings Inc. Com. NPV 737446104 150 3,500 0 0 3,500 01 3,500 0 0 POST PROPERTIES INC 737464107 532 11,300 0 0 11,300 03 11,300 0 0 Potash Corp of Saskatchewan Inc. C 73755L107 5,888 150,000 0 0 150,000 01 150,000 0 0 Power-One Inc.Com USD0.001 73930R102 4,767 1,150,000 0 0 1,150,000 01 1,150,000 0 0 POWER INTEGRATIONS INC 739276103 420 9,672 0 0 9,672 03 9,672 0 0 POWERSHARES DB COMMODITY IND 73935S105 1,366 50,000 0 0 50,000 03 50,000 0 0 POWERSHARES QQQ NASDAQ 100 73935A104 5,767 83,623 0 0 83,623 03 83,623 0 0 PPG INDUSTRIES INC 693506107 356 2,658 0 0 2,658 03 2,658 0 0 PPL CORPORATION 69351T106 651 20,800 0 0 20,800 03 20,800 0 0 PRAXAIR INC 74005P104 8,131 72,900 0 0 72,900 03 72,900 0 0 PRECISION CASTPARTS CORP 740189105 750 3,953 0 0 3,953 03 3,953 0 0 Priceline.Com Inc 1.0% Cv. 15-03-2 741503AQ9 2,502 2,258,000 0 0 2,258,000 01 2,258,000 0 0 Priceline.Com Inc 1.0% Cv. 15-03-2 741503AQ9 5,792 5,252,000 0 0 5,252,000 02 5,252,000 0 0 Priceline.Com Inc 1.0% Cv. 15-03-2 741503AQ9 20,79218,855,000 0 018,855,000 01 18,855,000 0 0 PRICELINE.COM INC 741503403 2,786 4,050 0 0 4,050 03 4,050 0 0 Priceline.Com Inc. Com. USD0.008 741503403 1,851 2,690 0 0 2,690 01 2,690 0 0 PRICESMART INC 741511109 1,090 14,000 0 0 14,000 03 14,000 0 0 PRINCIPAL FINANCIAL GROUP 74251V102 174 5,100 0 0 5,100 03 5,100 0 0 PROASSURANCE CORP 74267C106 30 643 0 0 643 03 643 0 0 PROCTER & GAMBLE CO/THE 742718109 30,618 397,333 0 0 397,333 03 397,333 0 0 Procter & Gamble Company Common US 742718109 13,700 177,790 0 0 177,790 01 177,790 0 0 --------- 120,774

Form 13F Information Table GAM Holding AG Page 41 of 54 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 PROGRESS SOFTWARE CORP 743312100 383 16,800 0 0 16,800 03 16,800 0 0 PROGRESSIVE CORP 743315103 1,787 70,700 0 0 70,700 03 70,700 0 0 PROLOGIS INC 74340W103 5,944 148,681 0 0 148,681 03 148,681 0 0 Prologis Inc. Common USD0.01 74340W103 9,450 236,358 0 0 236,358 01 236,358 0 0 PRUDENTIAL FINANCIAL INC 744320102 4,555 77,210 0 0 77,210 03 77,210 0 0 PS BUSINESS PARKS INC/CA 69360J107 343 4,340 0 0 4,340 03 4,340 0 0 PTC INC 69370C100 943 37,000 0 0 37,000 03 37,000 0 0 PUBLIC SERVICE ENTERPRISE GP 744573106 1,353 39,400 0 0 39,400 03 39,400 0 0 PUBLIC STORAGE 74460D109 5,103 33,502 0 0 33,502 03 33,502 0 0 PULTEGROUP INC 745867101 1,761 87,000 0 0 87,000 03 87,000 0 0 PVH CORP 693656100 148 1,384 0 0 1,384 03 1,384 0 0 QEP RESOURCES INC 74733V100 99 3,100 0 0 3,100 03 3,100 0 0 Qihoo 360 Technology Co ADR (1 Rep 74734M109 1,531 51,711 0 0 51,711 03 51,711 0 0 Qihoo 360 Technology Co ADR (1 Rep 74734M109 232 7,850 0 0 7,850 01 7,850 0 0 Qihoo 360 Technology Co ADR (1 Rep 74734M109 34,238 1,156,090 0 0 1,156,090 01 1,156,090 0 0 QUALCOMM INC 747525103 23,572 352,106 0 0 352,106 03 352,106 0 0 Qualcomm Inc. Com. USD0.0001 747525103 21,516 321,440 0 0 321,440 01 321,440 0 0 QUANTA SERVICES INC 74762E102 7,208 252,200 0 0 252,200 03 252,200 0 0 Quanta Services Inc. Common USD0.0 74762E102 11,430 400,000 0 0 400,000 01 400,000 0 0 QUEST DIAGNOSTICS INC 74834L100 1,537 27,220 0 0 27,220 03 27,220 0 0 QUESTCOR PHARMACEUTICALS 74835Y101 716 22,000 0 0 22,000 03 22,000 0 0 QUIMICA Y MINERA CHIL-SP ADR 833635105 932 16,800 0 0 16,800 03 16,800 0 0 R.R. Donnelley & Sons Co. Comm. US 257867101 2,410 200,000 0 0 200,000 01 200,000 0 0 RACKSPACE HOSTING INC 750086100 1,291 25,574 0 0 25,574 03 25,574 0 0 RAIT FINANCIAL TRUST 749227609 1,233 154,700 0 0 154,700 03 154,700 0 0 --------- 139,711

Form 13F Information Table GAM Holding AG Page 42 of 54 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 RALPH LAUREN CORP 751212101 18,472 109,100 0 0 109,100 03 109,100 0 0 RAMCO-GERSHENSON PROPERTIES 751452202 205 12,180 0 0 12,180 03 12,180 0 0 RANDGOLD RESOURCES LTD-ADR 752344309 709 8,250 0 0 8,250 03 8,250 0 0 RANGE RESOURCES CORP 75281A109 2,028 25,019 0 0 25,019 03 25,019 0 0 RAPTOR PHARMACEUTICAL CORP 75382F106 117 20,000 0 0 20,000 03 20,000 0 0 RAYMOND JAMES FINANCIAL INC 754730109 1,079 23,400 0 0 23,400 03 23,400 0 0 RAYONIER INC 754907103 143 2,400 0 0 2,400 03 2,400 0 0 Rayonier Inc. Com. NPV 754907103 861 14,430 0 0 14,430 01 14,430 0 0 RAYTHEON COMPANY 755111507 347 5,896 0 0 5,896 03 5,896 0 0 REALTY INCOME CORP 756109104 1,936 42,696 0 0 42,696 03 42,696 0 0 RED HAT INC 756577102 2,194 43,400 0 0 43,400 03 43,400 0 0 REDWOOD TRUST INC 758075402 2,242 96,700 0 0 96,700 03 96,700 0 0 REGAL-BELOIT CORP 758750103 1,623 19,900 0 0 19,900 03 19,900 0 0 REGAL ENTERTAINMENT GROUP-A 758766109 937 56,200 0 0 56,200 03 56,200 0 0 REGENCY CENTERS CORP 758849103 1,138 21,500 0 0 21,500 03 21,500 0 0 REGENERON PHARMACEUTICALS 75886F107 1,303 7,388 0 0 7,388 03 7,388 0 0 REGIONS FINANCIAL CORP 7591EP100 228 27,855 0 0 27,855 03 27,855 0 0 REGIS CORP 758932107 783 43,040 0 0 43,040 03 43,040 0 0 REINSURANCE GROUP OF AMERICA 759351604 1,599 26,800 0 0 26,800 03 26,800 0 0 REPUBLIC SERVICES INC 760759100 2,033 61,615 0 0 61,615 03 61,615 0 0 Republic Services Inc. Common USD0 760759100 363 11,000 0 0 11,000 01 11,000 0 0 RESMED INC 761152107 130 2,800 0 0 2,800 03 2,800 0 0 RESPONSYS INC 761248103 745 84,200 0 0 84,200 03 84,200 0 0 Retalix Limited ILS1.00 M8215W109 871 29,021 0 0 29,021 01 29,021 0 0 REYNOLDS AMERICAN INC 761713106 1,886 42,400 0 0 42,400 03 42,400 0 0 --------- 43,971

Form 13F Information Table GAM Holding AG Page 43 of 54 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 RIGEL PHARMACEUTICALS INC 766559603 42 6,219 0 0 6,219 03 6,219 0 0 RIO TINTO PLC-SPON ADR 767204100 594 12,610 0 0 12,610 03 12,610 0 0 RIVERBED TECHNOLOGY INC 768573107 1,153 77,300 0 0 77,300 03 77,300 0 0 Riverbed Technology Inc. Com. USD0 768573107 577 38,700 0 0 38,700 01 38,700 0 0 ROBERT HALF INTL INC 770323103 1,967 52,400 0 0 52,400 03 52,400 0 0 ROCK TENN COMPANY -CL A 772739207 121 1,300 0 0 1,300 03 1,300 0 0 Rock Tenn Company Cl. A Com. USD0. 772739207 1,957 21,090 0 0 21,090 01 21,090 0 0 ROCKWELL AUTOMATION INC 773903109 1,572 18,200 0 0 18,200 03 18,200 0 0 ROCKWELL COLLINS INC 774341101 151 2,400 0 0 2,400 03 2,400 0 0 ROCKWOOD HOLDINGS INC 774415103 1,472 22,500 0 0 22,500 03 22,500 0 0 ROPER INDUSTRIES INC 776696106 2,941 23,100 0 0 23,100 03 23,100 0 0 ROSS STORES INC 778296103 1,570 25,900 0 0 25,900 03 25,900 0 0 Rovi Corp. Com. USD0.001 779376102 2 107 0 0 107 01 107 0 0 Royal Bk. of Scot. Grp. 6.4% Pfd. 780097796 330 14,800 0 0 14,800 01 14,800 0 0 Royal Bk. of Scotland 7.25% Pfd. P 780097713 117 4,800 0 0 4,800 01 4,800 0 0 ROYAL GOLD INC 780287108 874 12,300 0 0 12,300 03 12,300 0 0 RTI BIOLOGICS INC 74975N105 257 65,162 0 0 65,162 03 65,162 0 0 RYDER SYSTEM INC 783549108 2,073 34,700 0 0 34,700 03 34,700 0 0 Ryman Hospitality Properties Com. 78377T107 686 15,000 0 0 15,000 01 15,000 0 0 RYMAN HOSPITALITY PROPERTIES 78377T107 1,276 27,900 0 0 27,900 03 27,900 0 0 SAFEWAY INC 786514208 3,100 117,630 0 0 117,630 03 117,630 0 0 SAIC INC 78390X101 65 4,800 0 0 4,800 03 4,800 0 0 SALESFORCE.COM INC 79466L302 448 2,504 0 0 2,504 03 2,504 0 0 Salesforce.com Inc. Common USD0.00 79466L302 5,297 29,620 0 0 29,620 01 29,620 0 0 SALIX PHARMACEUTICALS LTD 795435106 154 3,000 0 0 3,000 03 3,000 0 0 --------- 28,795

Form 13F Information Table GAM Holding AG Page 44 of 54 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 SALLY BEAUTY HOLDINGS INC 79546E104 676 23,000 0 0 23,000 03 23,000 0 0 SANDISK CORP 80004C101 1,466 26,653 0 0 26,653 03 26,653 0 0 SanDisk Corporation Common USD0.00 80004C101 5,524 100,506 0 0 100,506 01 100,506 0 0 SASOL LTD-SPONSORED ADR 803866300 2,008 45,294 0 0 45,294 03 45,294 0 0 SAUL CENTERS INC 804395101 171 3,900 0 0 3,900 03 3,900 0 0 SBA COMMUNICATIONS CORP-CL A 78388J106 166 2,300 0 0 2,300 03 2,300 0 0 SCANA CORP 80589M102 128 2,500 0 0 2,500 03 2,500 0 0 SCHLUMBERGER LTD 806857108 14,109 188,396 0 0 188,396 03 188,396 0 0 SCHWAB (CHARLES) CORP 808513105 1,953 110,400 0 0 110,400 03 110,400 0 0 Scripps Networks Inter-Cl A Com. U 811065101 129 2,000 0 0 2,000 01 2,000 0 0 SCRIPPS NETWORKS INTER-CL A 811065101 97 1,500 0 0 1,500 03 1,500 0 0 Seagate Technology Common USD0.000 G7945M107 6,156 168,400 0 0 168,400 01 168,400 0 0 SEAGATE TECHNOLOGY G7945M107 2,256 61,700 0 0 61,700 03 61,700 0 0 SEALED AIR CORP 81211K100 84 3,500 0 0 3,500 03 3,500 0 0 SEARS HOLDINGS CORP 812350106 45 900 0 0 900 03 900 0 0 SEATTLE GENETICS INC 812578102 128 3,600 0 0 3,600 03 3,600 0 0 SEI INVESTMENTS COMPANY 784117103 72 2,500 0 0 2,500 03 2,500 0 0 SEMPRA ENERGY 816851109 3,222 40,300 0 0 40,300 03 40,300 0 0 SENIOR HOUSING PROP TRUST 81721M109 1,060 39,520 0 0 39,520 03 39,520 0 0 Sensient Technologies Corp. Com. U 81725T100 274 7,000 0 0 7,000 01 7,000 0 0 Sequans Communications ADR (1 Rep. 817323108 120 75,300 0 0 75,300 01 75,300 0 0 SEQUENOM INC 817337405 79 19,000 0 0 19,000 03 19,000 0 0 ServiceNow Inc Com. USD0.001 81762P102 1,616 44,640 0 0 44,640 01 44,640 0 0 Sherwin-Williams Co. Common USD1.0 824348106 220 1,300 0 0 1,300 01 1,300 0 0 SHERWIN-WILLIAMS CO/THE 824348106 1,132 6,700 0 0 6,700 03 6,700 0 0 --------- 42,887

Form 13F Information Table GAM Holding AG Page 45 of 54 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 SHIP FINANCE INTERNATIONAL L NOTE G81075AE6 6,139 5,985,000 0 0 5,985,000 01 5,985,000 0 0 SHIRE PLC-ADR 82481R106 301 3,300 0 0 3,300 03 3,300 0 0 SIBANYE GOLD- SPON ADR 825724206 1,261 223,249 0 0 223,249 03 223,249 0 0 SIGMA-ALDRICH 826552101 362 4,664 0 0 4,664 03 4,664 0 0 SIMON PROPERTY GROUP INC 828806109 14,335 90,409 0 0 90,409 03 90,409 0 0 SIRIUS XM RADIO INC 82967N108 210 68,171 0 0 68,171 03 68,171 0 0 SK TELECOM CO LTD-ADR 78440P108 1,741 97,452 0 0 97,452 03 97,452 0 0 SL GREEN REALTY CORP 78440X101 1,780 20,666 0 0 20,666 03 20,666 0 0 SLM CORP 78442P106 694 33,900 0 0 33,900 03 33,900 0 0 SOHU.COM INC 83408W103 1,124 22,650 0 0 22,650 03 22,650 0 0 SOLARCITY CORP 83416T100 478 25,300 0 0 25,300 03 25,300 0 0 Solera Holdings Inc Com. USD 0.01 83421A104 1,066 18,270 0 0 18,270 01 18,270 0 0 SOLERA HOLDINGS INC 83421A104 478 8,200 0 0 8,200 03 8,200 0 0 SONY CORP-SPONSORED ADR 835699307 165 9,500 0 0 9,500 03 9,500 0 0 SOURCEFIRE INC 83616T108 1,866 31,500 0 0 31,500 03 31,500 0 0 SOUTH JERSEY INDUSTRIES 838518108 990 17,800 0 0 17,800 03 17,800 0 0 SOUTHERN CO/THE 842587107 3,909 83,317 0 0 83,317 03 83,317 0 0 SOUTHERN COPPER CORP 84265V105 4,088 108,800 0 0 108,800 03 108,800 0 0 Southern Copper Corp. Common USD0. 84265V105 1,503 40,000 0 0 40,000 01 40,000 0 0 SOUTHWEST AIRLINES CO 844741108 712 52,800 0 0 52,800 03 52,800 0 0 SOUTHWESTERN ENERGY CO 845467109 5,816 156,089 0 0 156,089 03 156,089 0 0 SOVRAN SELF STORAGE INC 84610H108 451 7,000 0 0 7,000 03 7,000 0 0 SPDR BARCLAYS CONVERTIBLE SE 78464A359 106 2,500 0 0 2,500 03 2,500 0 0 SPDR Barclays High Yield Bond ETF 78464A417 1,498 36,400 0 0 36,400 01 36,400 0 0 SPDR DJIA TRUST 78467X109 1,832 12,601 0 0 12,601 03 12,601 0 0 SPDR S&P 500 ETF TRUST 78462F103 7,720 49,312 0 0 49,312 03 49,312 0 0 --------- 60,626

Form 13F Information Table GAM Holding AG Page 46 of 54 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 SPDR S&P EMERGING ASIA PACIF 78463X301 613 8,031 0 0 8,031 03 8,031 0 0 SPDR S&P REGIONAL BANKING 78464A698 286 9,000 0 0 9,000 03 9,000 0 0 SPDR Trust Unit Series 1 78462F103 17,275 110,348 0 0 110,348 01 110,348 0 0 SPECTRA ENERGY CORP 847560109 364 11,850 0 0 11,850 03 11,850 0 0 SPRINT NEXTEL CORP 852061100 357 57,500 0 0 57,500 03 57,500 0 0 SPX CORP 784635104 47 600 0 0 600 03 600 0 0 ST JUDE MEDICAL INC 790849103 4,107 101,557 0 0 101,557 03 101,557 0 0 St. Joe Corporation Common NPV 790148100 2,283 107,390 0 0 107,390 01 107,390 0 0 STANCORP FINANCIAL GROUP 852891100 1,321 30,900 0 0 30,900 03 30,900 0 0 STANDARD PACIFIC CORP 85375C101 121 14,000 0 0 14,000 03 14,000 0 0 STANLEY BLACK & DECKER INC 854502101 1,083 13,381 0 0 13,381 03 13,381 0 0 Stanley Black & Decker Inc. Com. U 854502101 1,788 22,080 0 0 22,080 01 22,080 0 0 STAPLES INC 855030102 8,687 646,810 0 0 646,810 03 646,810 0 0 STARBUCKS CORP 855244109 11,925 209,359 0 0 209,359 03 209,359 0 0 Starbucks Corp. Com. USD0.001 855244109 433 7,600 0 0 7,600 01 7,600 0 0 STARWOOD HOTELS & RESORTS 85590A401 1,281 20,100 0 0 20,100 03 20,100 0 0 Starz - Liberty Capital Com. USD 0 85571Q102 27 1,200 0 0 1,200 01 1,200 0 0 STARZ - LIBERTY CAPITAL 85571Q102 1,407 63,500 0 0 63,500 03 63,500 0 0 STATE STREET CORP 857477103 2,882 48,775 0 0 48,775 03 48,775 0 0 State Street Corp. Common USD1.00 857477103 591 10,000 0 0 10,000 01 10,000 0 0 STERICYCLE INC 858912108 468 4,408 0 0 4,408 03 4,408 0 0 STERLITE INDUSTRIES INDI-ADR 859737207 15 2,200 0 0 2,200 03 2,200 0 0 STRATEGIC HOTELS & RESORTS I 86272T106 368 44,100 0 0 44,100 03 44,100 0 0 STRYKER CORP 863667101 5,827 89,320 0 0 89,320 03 89,320 0 0 SUN COMMUNITIES INC 866674104 331 6,700 0 0 6,700 03 6,700 0 0 --------- 63,887

Form 13F Information Table GAM Holding AG Page 47 of 54 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 SUNSTONE HOTEL INVESTORS INC 867892101 419 34,037 0 0 34,037 03 34,037 0 0 SUNTECH POWER HOLDINGS-ADR 86800C104 25 65,000 0 0 65,000 03 65,000 0 0 SUNTRUST BANKS INC 867914103 1,438 49,900 0 0 49,900 03 49,900 0 0 SUPERIOR ENERGY SERVICES INC 868157108 855 32,929 0 0 32,929 03 32,929 0 0 Superior Industries Intl. Common U 868168105 243 13,000 0 0 13,000 01 13,000 0 0 Symantec Corp Com. USD 0.01 871503108 222 9,000 0 0 9,000 01 9,000 0 0 SYMANTEC CORP 871503108 3,808 154,293 0 0 154,293 03 154,293 0 0 SYNAGEVA BIOPHARMA CORP 87159A103 110 2,000 0 0 2,000 03 2,000 0 0 Synalloy Corporation Common USD1.0 871565107 1,394 100,000 0 0 100,000 01 100,000 0 0 SYNOPSYS INC 871607107 111 3,100 0 0 3,100 03 3,100 0 0 SYNOVUS FINANCIAL CORP 87161C105 2,073 748,300 0 0 748,300 03 748,300 0 0 SYNTA PHARMACEUTICALS CORP 87162T206 452 52,500 0 0 52,500 03 52,500 0 0 SYSCO CORP 871829107 6,318 179,636 0 0 179,636 03 179,636 0 0 T ROWE PRICE GROUP INC 74144T108 1,528 20,412 0 0 20,412 03 20,412 0 0 Taiwan Semi. - SP ADR (1 Rep 5 Ord 874039100 2,063 120,000 0 0 120,000 01 120,000 0 0 TAIWAN SEMICONDUCTOR-SP ADR 874039100 1,965 114,300 0 0 114,300 03 114,300 0 0 TANGER FACTORY OUTLET CENTER 875465106 720 19,900 0 0 19,900 03 19,900 0 0 TARGET CORP 87612E106 4,223 61,700 0 0 61,700 03 61,700 0 0 Target Corporation Common USD0.083 87612E106 16,520 241,360 0 0 241,360 01 241,360 0 0 TATA MOTORS LTD-SPON ADR 876568502 343 14,000 0 0 14,000 03 14,000 0 0 TAUBMAN CENTERS INC 876664103 979 12,600 0 0 12,600 03 12,600 0 0 TCF FINANCIAL CORP 872275102 1,014 67,800 0 0 67,800 03 67,800 0 0 TD AMERITRADE HOLDING CORP 87236Y108 99 4,800 0 0 4,800 03 4,800 0 0 Telefonica Brasil-Adr(1 rep 1 ord) 87936R106 1,067 40,000 0 0 40,000 01 40,000 0 0 Telephone And Data Systems USD0.01 879433829 611 29,000 0 0 29,000 01 29,000 0 0 --------- 48,599

Form 13F Information Table GAM Holding AG Page 48 of 54 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 Tenet Healthcare Corp. Com. USD 0. 88033G407 1,784 37,500 0 0 37,500 01 37,500 0 0 TENNECO INC 880349105 1,325 33,700 0 0 33,700 03 33,700 0 0 Tenneco Inc. Common USD0.01 880349105 14,625 372,034 0 0 372,034 01 372,034 0 0 Teradata Corp Com. USD 0.01 88076W103 6,187 105,744 0 0 105,744 01 105,744 0 0 TERADATA CORP 88076W103 1,229 21,009 0 0 21,009 03 21,009 0 0 Tesla Motors Incorporated Common U 88160R101 5,840 154,170 0 0 154,170 01 154,170 0 0 TESORO CORP 881609101 933 15,941 0 0 15,941 03 15,941 0 0 Tetra Tech Inc. Com. USD0.01 88162G103 7,158 234,779 0 0 234,779 01 234,779 0 0 TEVA PHARMACEUTICAL-SP ADR 881624209 1,208 30,440 0 0 30,440 03 30,440 0 0 Texas Industries Inc. Common USD1. 882491103 442 7,000 0 0 7,000 01 7,000 0 0 TEXAS INSTRUMENTS INC 882508104 11,714 330,144 0 0 330,144 03 330,144 0 0 Texas Instruments Inc. Common USD1 882508104 958 27,000 0 0 27,000 01 27,000 0 0 TEXTRON INC 883203101 167 5,600 0 0 5,600 03 5,600 0 0 The Walt Disney Company Common USD 254687106 15,868 279,360 0 0 279,360 01 279,360 0 0 THERAVANCE INC 88338T104 307 13,000 0 0 13,000 03 13,000 0 0 THERMO FISHER SCIENTIFIC INC 883556102 5,156 67,409 0 0 67,409 03 67,409 0 0 THRESHOLD PHARMACEUTICALS 885807206 106 23,000 0 0 23,000 03 23,000 0 0 TIBCO Software Inc. Common USD0.00 88632Q103 285 14,110 0 0 14,110 01 14,110 0 0 TIFFANY & CO 886547108 21,094 303,332 0 0 303,332 03 303,332 0 0 TIM PARTICIPACOES SA-ADR 88706P205 350 16,000 0 0 16,000 03 16,000 0 0 TIME WARNER CABLE 88732J207 6,732 70,080 0 0 70,080 03 70,080 0 0 TIME WARNER INC 887317303 7,613 132,124 0 0 132,124 03 132,124 0 0 Time Warner Inc. Common USD0.01 887317303 634 11,000 0 0 11,000 01 11,000 0 0 TITAN INTERNATIONAL INC 88830M102 48 2,257 0 0 2,257 03 2,257 0 0 TJX COMPANIES INC 872540109 4,660 99,650 0 0 99,650 03 99,650 0 0 --------- 116,422

Form 13F Information Table GAM Holding AG Page 49 of 54 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 TJX Companies Inc. Com. USD 1.00 872540109 1,000 21,386 0 0 21,386 01 21,386 0 0 TOLL BROTHERS INC 889478103 831 24,265 0 0 24,265 03 24,265 0 0 TORCHMARK CORP 891027104 1,872 31,300 0 0 31,300 03 31,300 0 0 TOTAL SYSTEM SERVICES INC 891906109 69 2,803 0 0 2,803 03 2,803 0 0 TOWERS WATSON & CO-CL A 891894107 625 9,020 0 0 9,020 03 9,020 0 0 TRACTOR SUPPLY COMPANY 892356106 124 1,193 0 0 1,193 03 1,193 0 0 TRANSDIGM GROUP INC 893641100 159 1,043 0 0 1,043 03 1,043 0 0 TRANSOCEAN LTD H8817H100 30,513 586,930 0 0 586,930 03 586,930 0 0 Transocean Ltd. Com. CHF15.00 H8817H100 3,347 64,430 0 0 64,430 01 64,430 0 0 TRAVELERS COS INC/THE 89417E109 3,953 46,955 0 0 46,955 03 46,955 0 0 TREEHOUSE FOODS INC 89469A104 1,850 28,400 0 0 28,400 03 28,400 0 0 TRIMBLE NAVIGATION LTD 896239100 234 7,820 0 0 7,820 03 7,820 0 0 TRIUS THERAPEUTICS INC 89685K100 208 30,399 0 0 30,399 03 30,399 0 0 TRW AUTOMOTIVE HOLDINGS CORP 87264S106 1,469 26,718 0 0 26,718 03 26,718 0 0 TUPPERWARE BRANDS CORP 899896104 3,000 36,700 0 0 36,700 03 36,700 0 0 TURKCELL ILETISIM HIZMET-ADR 900111204 1,074 64,560 0 0 64,560 03 64,560 0 0 Twin Disc Inc. NPV 901476101 50 2,000 0 0 2,000 01 2,000 0 0 TYCO INTERNATIONAL LTD H89128104 1,646 51,427 0 0 51,427 03 51,427 0 0 Tyco International Ltd. Com. CHF6. H89128104 704 22,000 0 0 22,000 01 22,000 0 0 TYSON FOODS INC-CL A 902494103 368 14,820 0 0 14,820 03 14,820 0 0 U.S. PHYSICAL THERAPY INC 90337L108 835 31,100 0 0 31,100 03 31,100 0 0 UDR INC 902653104 1,429 59,073 0 0 59,073 03 59,073 0 0 ULTA SALON COSMETICS & FRAGR 90384S303 753 9,282 0 0 9,282 03 9,282 0 0 ULTRA PETROLEUM CORP 903914109 68 3,400 0 0 3,400 03 3,400 0 0 UNDER ARMOUR INC-CLASS A 904311107 6,554 128,000 0 0 128,000 03 128,000 0 0 --------- 62,737

Form 13F Information Table GAM Holding AG Page 50 of 54 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 UNION PACIFIC CORP 907818108 14,677 103,099 0 0 103,099 03 103,099 0 0 UNITED CONTINENTAL HOLDINGS 910047109 47 1,480 0 0 1,480 03 1,480 0 0 UNITED NATURAL FOODS INC 911163103 1,968 40,000 0 0 40,000 03 40,000 0 0 UNITED PARCEL SERVICE-CL B 911312106 7,091 82,553 0 0 82,553 03 82,553 0 0 United Parcel Service Com.Cls B US 911312106 1,408 16,390 0 0 16,390 01 16,390 0 0 UNITED STATES STL CORP NEW NOTE 4. 912909AE8 3,173 3,000,000 0 0 3,000,000 04 3,000,000 0 0 UNITED STATES STEEL CORP 912909108 1,794 92,000 0 0 92,000 03 92,000 0 0 UNITED TECHNOLOGIES CORP 913017109 14,587 156,129 0 0 156,129 03 156,129 0 0 UNITED THERAPEUTICS CORP 91307C102 420 6,900 0 0 6,900 03 6,900 0 0 UNITEDHEALTH GROUP INC 91324P102 9,982 174,555 0 0 174,555 03 174,555 0 0 UNITIL CORP 913259107 886 31,500 0 0 31,500 03 31,500 0 0 Universal Display Corp Com. USD 0. 91347P105 6,769 230,000 0 0 230,000 01 230,000 0 0 UNIVERSAL HEALTH RLTY INCOME 91359E105 214 3,700 0 0 3,700 03 3,700 0 0 UNIVERSAL HEALTH SERVICES-B 913903100 1,329 20,800 0 0 20,800 03 20,800 0 0 UNS ENERGY CORP 903119105 1,189 24,300 0 0 24,300 03 24,300 0 0 UNUM GROUP 91529Y106 123 4,341 0 0 4,341 03 4,341 0 0 URANERZ ENERGY CORP 91688T104 37 29,000 0 0 29,000 03 29,000 0 0 URBAN OUTFITTERS INC 917047102 167 4,300 0 0 4,300 03 4,300 0 0 Urban Outfitters Inc. Com. USD0.00 917047102 407 10,500 0 0 10,500 01 10,500 0 0 URSTADT BIDDLE - CLASS A 917286205 176 8,100 0 0 8,100 03 8,100 0 0 US BANCORP 902973304 7,791 229,608 0 0 229,608 03 229,608 0 0 US Cellular Corporation Common USD 911684108 540 15,000 0 0 15,000 01 15,000 0 0 USA Truck Incorporated Common USD0 902925106 4,802 975,000 0 0 975,000 01 975,000 0 0 UTILITIES SELECT SECTOR SPDR 81369Y886 2,538 65,000 0 0 65,000 03 65,000 0 0 VALE SA-SP ADR 91912E105 1,354 78,300 0 0 78,300 03 78,300 0 0 VALE SA-SP PREF ADR 91912E204 3,145 190,281 0 0 190,281 03 190,281 0 0 --------- 86,613

Form 13F Information Table GAM Holding AG Page 51 of 54 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 Vale SA - SP ADR (1 Reps. 1 Ord.) 91912E105 2,352 136,000 0 0 136,000 01 136,000 0 0 VALERO ENERGY CORP 91913Y100 2,838 62,392 0 0 62,392 03 62,392 0 0 Vanguard Financials ETF 92204A405 399 10,490 0 0 10,490 01 10,490 0 0 VANGUARD FTSE EMERGING MARKE 922042858 66,840 1,558,351 0 0 1,558,351 03 1,558,351 0 0 VANGUARD LARGE-CAP ETF 922908637 2,583 36,000 0 0 36,000 03 36,000 0 0 Varian Medical Systems Inc Com. US 92220P105 365 5,075 0 0 5,075 01 5,075 0 0 VARIAN MEDICAL SYSTEMS INC 92220P105 6,319 87,765 0 0 87,765 03 87,765 0 0 VENTAS INC 92276F100 6,036 82,454 0 0 82,454 03 82,454 0 0 VERA BRADLEY INC 92335C106 1,172 49,600 0 0 49,600 03 49,600 0 0 VERIFONE SYSTEMS INC 92342Y109 1,635 79,052 0 0 79,052 03 79,052 0 0 VERISIGN INC 92343E102 137 2,900 0 0 2,900 03 2,900 0 0 VERISK ANALYTICS INC-CLASS A 92345Y106 179 2,900 0 0 2,900 03 2,900 0 0 VERIZON COMMUNICATIONS INC 92343V104 13,955 283,931 0 0 283,931 03 283,931 0 0 Vertex Pharmaceuticals Inc Com. US 92532F100 1,397 25,420 0 0 25,420 01 25,420 0 0 VERTEX PHARMACEUTICALS INC 92532F100 1,374 25,000 0 0 25,000 03 25,000 0 0 VF CORP 918204108 5,947 35,450 0 0 35,450 03 35,450 0 0 VIACOM INC-CLASS B 92553P201 2,963 48,125 0 0 48,125 03 48,125 0 0 Viacom Inc. New Class A Com. USD0. 92553P102 882 14,000 0 0 14,000 01 14,000 0 0 Viad Corporation Common USD 1.50 92552R406 291 10,500 0 0 10,500 01 10,500 0 0 VIMPELCOM LTD-SPON ADR 92719A106 892 75,000 0 0 75,000 03 75,000 0 0 VIRGIN MEDIA INC 92769L101 215 4,400 0 0 4,400 03 4,400 0 0 VIROPHARMA INC 928241108 264 10,500 0 0 10,500 03 10,500 0 0 VISA INC-CLASS A SHARES 92826C839 13,071 76,979 0 0 76,979 03 76,979 0 0 Visa Inc Com. USD 0.0001 92826C839 5,670 33,387 0 0 33,387 01 33,387 0 0 VIVUS INC 928551100 11 1,000 0 0 1,000 03 1,000 0 0 --------- 137,788

Form 13F Information Table GAM Holding AG Page 52 of 54 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 Vmware Inc-Class A Common USD0.01 928563402 10,193 129,217 0 0 129,217 01 129,217 0 0 VMWARE INC-CLASS A 928563402 110 1,400 0 0 1,400 03 1,400 0 0 VOCUS INC 92858J108 1,170 82,700 0 0 82,700 03 82,700 0 0 VORNADO REALTY TRUST 929042109 4,654 55,648 0 0 55,648 03 55,648 0 0 VULCAN MATERIALS CO 929160109 1,116 21,580 0 0 21,580 03 21,580 0 0 Wal-Mart Stores Inc Common USD0.10 931142103 13,251 177,080 0 0 177,080 01 177,080 0 0 WAL-MART STORES INC 931142103 22,077 295,032 0 0 295,032 03 295,032 0 0 WALGREEN CO 931422109 18,271 383,197 0 0 383,197 03 383,197 0 0 Walgreen Company Common USD0.07812 931422109 13,531 283,796 0 0 283,796 01 283,796 0 0 WALT DISNEY CO/THE 254687106 15,067 265,263 0 0 265,263 03 265,263 0 0 Walter Energy Inc Com. USD 0.01 93317Q105 543 19,040 0 0 19,040 01 19,040 0 0 WALTER ENERGY INC 93317Q105 882 30,960 0 0 30,960 03 30,960 0 0 WALTER INVESTMENT MANAGEMENT 93317W102 723 19,400 0 0 19,400 03 19,400 0 0 WASHINGTON REIT 939653101 387 13,900 0 0 13,900 03 13,900 0 0 WASTE MANAGEMENT INC 94106L109 1,110 28,300 0 0 28,300 03 28,300 0 0 WATERS CORP 941848103 150 1,600 0 0 1,600 03 1,600 0 0 Watts Water Tech. Inc. A Common US 942749102 11,422 238,000 0 0 238,000 01 238,000 0 0 WD-40 CO 929236107 1,052 19,200 0 0 19,200 03 19,200 0 0 WEATHERFORD INTL LTD H27013103 16,229 1,347,955 0 0 1,347,955 03 1,347,955 0 0 Weatherford Intl. Ltd. Com. USD1.0 H27013103 668 55,000 0 0 55,000 01 55,000 0 0 Web.com Group Inc Com. USD0.001 94733A104 550 32,200 0 0 32,200 01 32,200 0 0 WEB.COM GROUP INC 94733A104 793 46,400 0 0 46,400 03 46,400 0 0 WEINGARTEN REALTY INVESTORS 948741103 688 21,800 0 0 21,800 03 21,800 0 0 WELLPOINT INC 94973V107 4,163 62,852 0 0 62,852 03 62,852 0 0 WELLS FARGO & CO 949746101 34,132 922,749 0 0 922,749 03 922,749 0 0 --------- 172,931

Form 13F Information Table GAM Holding AG Page 53 of 54 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 Wells Fargo & Co. Com. USD1.666 949746101 8,448 228,380 0 0 228,380 01 228,380 0 0 Wells Fargo & Co. Com. USD1.666 949746101 1,221 33,000 0 0 33,000 01 33,000 0 0 WESCO INTERNATIONAL INC 95082P105 2,999 41,300 0 0 41,300 03 41,300 0 0 Western Digital Corp Com. USD 0.01 958102105 4,627 92,000 0 0 92,000 01 92,000 0 0 WESTERN DIGITAL CORP 958102105 1,614 32,100 0 0 32,100 03 32,100 0 0 WESTERN UNION CO 959802109 1,369 91,000 0 0 91,000 03 91,000 0 0 Westport Innovations Inc. Common N 960908309 15,426 522,560 0 0 522,560 01 522,560 0 0 WEYERHAEUSER CO 962166104 2,539 80,909 0 0 80,909 03 80,909 0 0 WHIRLPOOL CORP 963320106 249 2,100 0 0 2,100 03 2,100 0 0 WHITING PETROLEUM CORP 966387102 430 8,459 0 0 8,459 03 8,459 0 0 WHOLE FOODS MARKET INC 966837106 4,265 49,159 0 0 49,159 03 49,159 0 0 Williams Companies Inc. Common USD 969457100 2,343 62,537 0 0 62,537 01 62,537 0 0 WILLIAMS COS INC 969457100 3,750 100,100 0 0 100,100 03 100,100 0 0 WILLIS GROUP HOLDINGS PLC G96666105 134 3,382 0 0 3,382 03 3,382 0 0 WINDSTREAM CORP 97381W104 91 11,400 0 0 11,400 03 11,400 0 0 WISCONSIN ENERGY CORP 976657106 654 15,455 0 0 15,455 03 15,455 0 0 WORLD FUEL SERVICES CORP 981475106 1,895 47,700 0 0 47,700 03 47,700 0 0 WPX Energy Inc. W/I NPV 98212B103 334 20,845 0 0 20,845 01 20,845 0 0 WR BERKLEY CORP 084423102 89 2,000 0 0 2,000 03 2,000 0 0 WR Berkley Corp. Common USD0.20 084423102 13,308 300,000 0 0 300,000 01 300,000 0 0 WR Berkley Corp. Common USD0.20 084423102 311 7,000 0 0 7,000 01 7,000 0 0 WSFS FINANCIAL CORP 929328102 24 500 0 0 500 03 500 0 0 WUXI PHARMATECH CAYMAN-ADR 929352102 919 53,500 0 0 53,500 03 53,500 0 0 WW GRAINGER INC 384802104 3,439 15,311 0 0 15,311 03 15,311 0 0 WYNDHAM WORLDWIDE CORP 98310W108 1,397 21,670 0 0 21,670 03 21,670 0 0 --------- 71,871

Form 13F Information Table GAM Holding AG Page 54 of 54 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 WYNN RESORTS LTD 983134107 188 1,500 0 0 1,500 03 1,500 0 0 XCEL ENERGY INC 98389B100 564 19,000 0 0 19,000 03 19,000 0 0 XEROX CORP 984121103 5,551 645,520 0 0 645,520 03 645,520 0 0 Xerox Corporation Common USD1.00 984121103 880 102,401 0 0 102,401 01 102,401 0 0 XILINX INC 983919101 3,882 101,700 0 0 101,700 03 101,700 0 0 Xilinx Inc. Common USD0.01 983919101 4,951 129,700 0 0 129,700 01 129,700 0 0 XL Group PLC Com. USD 0.01 G98290102 1,003 33,110 0 0 33,110 01 33,110 0 0 XL GROUP PLC G98290102 1,106 36,500 0 0 36,500 03 36,500 0 0 Xylem Inc-W/I Com. NPV 98419M100 10,981 398,421 0 0 398,421 01 398,421 0 0 Xylem Inc-W/I Com. NPV 98419M100 441 16,000 0 0 16,000 01 16,000 0 0 XYLEM INC 98419M100 3,048 110,584 0 0 110,584 03 110,584 0 0 YAHOO! INC 984332106 7,673 326,079 0 0 326,079 03 326,079 0 0 Yahoo! Incorporated Common USD0.00 984332106 1,089 46,306 0 0 46,306 01 46,306 0 0 Yahoo! Incorporated Common USD0.00 984332106 423 18,000 0 0 18,000 01 18,000 0 0 YPF S.A.-SPONSORED ADR 984245100 329 23,050 0 0 23,050 03 23,050 0 0 YUM! BRANDS INC 988498101 4,201 58,400 0 0 58,400 03 58,400 0 0 Yum! Brands Inc. Com. NPV 988498101 1,575 21,890 0 0 21,890 01 21,890 0 0 Zillow Inc Com. 0.0001 98954A107 1,870 34,200 0 0 34,200 01 34,200 0 0 ZIMMER HOLDINGS INC 98956P102 2,694 35,810 0 0 35,810 03 35,810 0 0 ZIONS BANCORPORATION 989701107 625 25,000 0 0 25,000 03 25,000 0 0 Zoetis Inc Com. 0.01 98978V103 1,586 47,496 0 0 47,496 01 47,496 0 0 Zynga Inc. Com. USD0.000006 98986T108 2,684 800,000 0 0 800,000 01 800,000 0 0 --------- 57,344 ========= 4,718,870