UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
Form 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: September 30, 2002
Institutional Investment Manager Filing this Report:
Name: General American Investors Company, Inc.
Address: 450 Lexington Avenue, Suite 3300
New York, NY 10017
13F File Number: 28-461
The institutional investment manager filing this report and the person by whom
it is signed hereby represent that the person signing the report is authorized
to submit it, that all information contained herein is true, correct and
complete, and that it is understood that all required items, statements,
schedules, lists, and tables, are considered integral parts of this form.
Person Signing this Report:
Name: Eugene L. DeStaebler, Jr.
Title: Vice-President, Administration
Phone: 212-916-8400
Signature, Place and Date of Signing:
Eugene L. DeStaebler, Jr. New York, NY November 8, 2002
Report Type (Check only one.):
[x] 13F HOLDINGS REPORT
[ ] 13F NOTICE
[ ] 13F COMBINATION REPORT
List of Other Managers Reporting for this Manager:
NONE
I am signing this report as required by the Securities Exchange Act of 1934.
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 55
Form 13F Information Table Value Total: $630,120,540
NAME OF ISSUER TITLE CUSIP FAIR SHARES OR INVEST. DISC. OTHER VOTING AUTHORITY
OF NUMBER MARKET PRINCIPAL SH/ SHARED MGRS.
CLASS VALUE AMOUNT PRN SOLE SHARED OTHER SOLE SHARED NONE
(A) (B) (C) (A) (B) (C)
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Adams Express Company COMMON 006212104 876,791 85,291 N X 85,291
American International Gro COMMON 026874107 15,042,500 275,000 N X 275,000
Alkermes, Inc. COMMON 01642T108 2,682,600 340,000 N X 340,000
AmerUs Group Co. COMMON 03072M108 3,062,880 108,000 N X 108,000
Annuity and Life Re (Holdi COMMON G03910109 4,200,000 1,000,000 N X 1,000,000
The Boeing Company COMMON 097023105 17,065,000 500,000 N X 500,000
Bancroft Convertible Fund COMMON 059695106 316,750 17,500 N X 17,500
Bristol-Myers Squibb Compa COMMON 110122108 7,140,000 300,000 N X 300,000
Berkshire Hathaway Inc. COMMON 084670108 22,170,000 300 N X 300
Brooks-PRI Automation, Inc COMMON 11434A100 3,848,540 337,000 N X 337,000
Central Securities Corpora COMMON 155123102 1,656,776 98,912 N X 98,912
CIENA Corporation COMMON 171779101 1,633,500 550,000 N X 550,000
Costco Wholesale Corporati COMMON 22160K105 21,849,750 675,000 N X 675,000
Cox Communications, Inc. - COMMON 224044107 19,057,250 775,000 N X 775,000
Cisco Systems, Inc. COMMON 17275R102 6,864,400 655,000 N X 655,000
Genentech, Inc. COMMON 368710406 21,209,500 650,000 N X 650,000
EMCORE Corporation COMMON 290846104 299,440 197,000 N X 197,000
El Paso Corporation COMMON 28336L109 9,717,250 1,175,000 N X 1,175,000
El Paso Corporation 0% CONV C 28336LAC3 1,525,000 5,000,000 N X 5,000,000
Ethan Allen Interiors Inc. COMMON 297602104 8,899,000 275,000 N X 275,000
Ford Motor Company COMMON 345370860 7,497,000 765,000 N X 765,000
Golden West Financial COMMON 381317106 28,913,700 465,000 N X 465,000
Genaera Corporation COMMON 36867G100 175,500 270,000 N X 270,000
Genta Incorporated COMMON 37245M207 2,588,000 400,000 N X 400,000
Halliburton Company COMMON 406216101 16,783,000 1,300,000 N X 1,300,000
The Home Depot, Inc. COMMON 437076102 53,374,500 2,045,000 N X 2,045,000
Health Net, Inc. COMMON 42222G108 10,188,750 475,000 N X 475,000
IDEC Pharmaceuticals Corpo COMMON 449370105 10,380,000 250,000 N X 250,000
John Hancock Financial Ser COMMON 41014S106 12,093,000 435,000 N X 435,000
Lucent Technologies Inc. COMMON 549463107 693,500 912,500 N X 912,500
Medtronic, Inc. COMMON 585055106 12,214,800 290,000 N X 290,000
MedImmune, Inc. COMMON 584699102 5,522,880 264,000 N X 264,000
MetLife, Inc. COMMON 59156R108 9,673,000 425,000 N X 425,000
Millennium Pharmaceuticals COMMON 599902103 1,304,800 140,000 N X 140,000
Molex Incorporated Class A COMMON 608554200 14,541,808 692,500 N X 692,500
M&T Bank Corporation COMMON 55261F104 26,401,350 335,000 N X 335,000
Max Re Capital Ltd. COMMON G6052F103 2,036,000 200,000 N X 200,000
Annaly Mortgage Management COMMON 035710409 9,225,000 500,000 N X 500,000
NTL Incorporated COMMON 629407107 2,340 180,000 N X 180,000
Newell Rubbermaid Inc. COMMON 651229106 3,087,000 100,000 N X 100,000
OSI Pharmaceuticals, Inc. COMMON 671040103 2,121,250 125,000 N X 125,000
PepsiCo, Inc. COMMON 713448108 5,542,500 150,000 N X 150,000
Pfizer Inc COMMON 717081103 29,745,500 1,025,000 N X 1,025,000
PartnerRe Ltd. COMMON G6852T105 25,535,400 530,000 N X 530,000
PSC Inc. COMMON 69361E107 25,330 298,000 N X 298,000
Everest Re Group, Ltd. COMMON G3223R108 38,402,000 700,000 N X 700,000
Reinsurance Group of Ameri COMMON 759351109 14,082,800 545,000 N X 545,000
Royce Value Trust COMMON 780910105 968,385 76,917 N X 76,917
SunTrust Banks, Inc. COMMON 867914103 14,447,800 235,000 N X 235,000
The TJX Companies, Inc. COMMON 872540109 45,050,000 2,650,000 N X 2,650,000
Transatlantic Holdings, In COMMON 893521104 14,951,250 225,000 N X 225,000
Wind River Systems, Inc. COMMON 973149107 1,093,190 339,500 N X 339,500
Waste Management, Inc. COMMON 94106L109 13,735,480 589,000 N X 589,000
Wal-Mart Stores, Inc. COMMON 931142103 28,066,800 570,000 N X 570,000
Zarlink Semiconductor Inc. COMMON 989139100 540,000 250,000 N X 250,000