UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: September 30, 2009
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:GENERAL AMERICAN INVESTORS COMPANY, INC.
Address: 100 PARK AVE 35TH FLOOR
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 on Behalf of Reporting Manager:
Name: Eugene S. Stark
Title: Vice-President, Administration
Phone: 212-916-8447
Signature, Place, and Date of Signing:
Eugene S. Stark New York, NY October 20, 2009
Report Type (Check only one.):
[X] 13F HOLDINGS REPORT.
[ ] 13F NOTICE.
[ ] 13F COMBINATION REPORT.
List of Other Managers Reporting for this Manager:
Form 13F File Number Name
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: 60
Form 13F Information Table Value Total: $896711894
List of Other Included Managers:
No. 13F File Number Name
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- x$1000 PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
ABB Ltd. ADR COMMON 000375204 24048 1200000 SH SOLE 1200000 0 0
Arch Capital Group Ltd. COMMON G0450A105 21275 315000 SH SOLE 315000 0 0
Adams Express Company COMMON 006212104 1221 125004 SH SOLE 125004 0 0
Alexander & Baldwin, Inc. COMMON 014482103 7576 236100 SH SOLE 236100 0 0
The Allstate Corporation COMMON 020002101 5359 175000 SH SOLE 175000 0 0
Alpha Natural Resources, Inc. COMMON 02076X102 8922 254200 SH SOLE 254200 0 0
Apache Corporation COMMON 037411105 27134 295478 SH SOLE 295478 0 0
ASML Holding N.V. COMMON N07059186 20699 700000 SH SOLE 700000 0 0
American Express Company COMMON 025816109 11865 350000 SH SOLE 350000 0 0
AXIS Capital Holdings Limited COMMON G0692U109 9054 300000 SH SOLE 300000 0 0
The Boeing Company COMMON 097023105 16245 300000 SH SOLE 300000 0 0
Berkshire Hathaway Inc. Class A COMMON 084670108 14140 140 SH SOLE 140 0 0
Cephalon, Inc. COMMON 156708109 18928 325000 SH SOLE 325000 0 0
Central Securities Corporation COMMON 155123102 599 34400 SH SOLE 34400 0 0
Costco Wholesale Corporation COMMON 22160K105 32419 575000 SH SOLE 575000 0 0
Cisco Systems, Inc. COMMON 17275R102 22598 960000 SH SOLE 960000 0 0
CEMEX, S.A. de C.V. ADR COMMON 151290889 24186 1872000 SH SOLE 1872000 0 0
Cytokinetics, Incorporated COMMON 23282W100 2803 529900 SH SOLE 529900 0 0
Dell Inc. COMMON 24702R101 19685 1290000 SH SOLE 1290000 0 0
Diageo plc ADR COMMON 25243Q205 21522 350000 SH SOLE 350000 0 0
Devon Energy Corporation COMMON 25179M103 6733 100000 SH SOLE 100000 0 0
Epoch Holding Corporation COMMON 29428R103 14583 1666667 SH SOLE 1666667 0 0
Fidelity National Financial, Inc COMMON 31620R105 7917 525000 SH SOLE 525000 0 0
Gilead Sciences, Inc. COMMON 375558103 5557 119500 SH SOLE 119500 0 0
Halliburton Company COMMON 406216101 21696 800000 SH SOLE 800000 0 0
Hewitt Associates, Inc.Class A COMMON 42822Q100 16980 466100 SH SOLE 466100 0 0
International Game Technology COMMON 459902102 16110 750000 SH SOLE 750000 0 0
Leap Wireless International, Inc COMMON 521863308 1525 78000 SH SOLE 78000 0 0
McDermott International, Inc. COMMON 580037109 6318 250000 SH SOLE 250000 0 0
MetLife, Inc. COMMON 59156R108 10660 280000 SH SOLE 280000 0 0
Monsanto Company COMMON 61166W101 10217 132000 SH SOLE 132000 0 0
Microsoft Corporation COMMON 594918104 14660 570000 SH SOLE 570000 0 0
M&T Bank Corporation COMMON 55261F104 9660 155000 SH SOLE 155000 0 0
The Manitowoc Company, Inc. COMMON 563571108 2208 233198 SH SOLE 233198 0 0
Nelnet, Inc. COMMON 64031N108 8024 645000 SH SOLE 645000 0 0
NetEase.com, Inc. COMMON 64110W102 10100 221100 SH SOLE 221100 0 0
Nucor Corporation COMMON 670346105 7052 150000 SH SOLE 150000 0 0
Poniard Pharmaceuticals, Inc. COMMON 732449301 1461 195344 SH SOLE 195344 0 0
MetroPCS Communications, Inc. COMMON 591708102 4076 435500 SH SOLE 435500 0 0
PepsiCo, Inc. COMMON 713448108 16718 285000 SH SOLE 285000 0 0
PartnerRe Ltd. COMMON G6852T105 21159 275000 SH SOLE 275000 0 0
QUALCOMM Incorporated COMMON 747525103 31486 700000 SH SOLE 700000 0 0
Everest Re Group, Ltd. COMMON G3223R108 21925 250000 SH SOLE 250000 0 0
Republic Services, Inc. COMMON 760759100 25215 949000 SH SOLE 949000 0 0
Royce Value Trust, Inc. COMMON 780910105 1498 144955 SH SOLE 144955 0 0
ProShares UltraShort 20+ Year COMMON 74347R297 17604 400000 SH SOLE 400000 0 0
Teradata Corporation COMMON 88076W103 15549 565000 SH SOLE 565000 0 0
Target Corporation COMMON 87612E106 11670 250000 SH SOLE 250000 0 0
The TJX Companies, Inc. COMMON 872540109 62226 1675000 SH SOLE 1675000 0 0
Transatlantic Holdings, Inc. COMMON 893521104 4164 83000 SH SOLE 83000 0 0
The Travelers Companies, Inc. COMMON 89417E109 10584 215000 SH SOLE 215000 0 0
Textron Inc. COMMON 883203101 4081 215000 SH SOLE 215000 0 0
United Technologies Corporation COMMON 913017109 19802 325000 SH SOLE 325000 0 0
Verifone Holdings, Inc. 1.375% NOTE 92342YAB5 8551 10000000 PRN SOLE 10000000 0 0
Weatherford International Ltd. COMMON G95089101 42497 2050000 SH SOLE 2050000 0 0
Waste Management, Inc. COMMON 94106L109 18787 630000 SH SOLE 630000 0 0
Wal-Mart Stores, Inc. COMMON 931142103 27000 550000 SH SOLE 550000 0 0
Wyeth COMMON 983024100 27412 564273 SH SOLE 564273 0 0
Xerox Corporation COMMON 984121103 14706 1900000 SH SOLE 1900000 0 0
XTO Energy Inc. COMMON 98385X106 8264 200000 SH SOLE 200000 0 0