UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: December 31, 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 February 05, 2010
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: $916,094,471
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 22920 1200000 SH SOLE 1200000 0 0
Arch Capital Group Ltd. COMMON G0450A105 22538 315000 SH SOLE 315000 0 0
Adams Express Company COMMON 006212104 1301 128815 SH SOLE 128815 0 0
Alexander & Baldwin, Inc. COMMON 014482103 8082 236100 SH SOLE 236100 0 0
The Allstate Corporation COMMON 020002101 5257 175000 SH SOLE 175000 0 0
Alpha Natural Resources, Inc. COMMON 02076X102 11027 254200 SH SOLE 254200 0 0
Apache Corporation COMMON 037411105 30484 295478 SH SOLE 295478 0 0
ASML Holding N.V. COMMON N07059186 23863 700000 SH SOLE 700000 0 0
American Express Company COMMON 025816109 13169 325000 SH SOLE 325000 0 0
AXIS Capital Holdings Limited COMMON G0692U109 7813 275000 SH SOLE 275000 0 0
The Boeing Company COMMON 097023105 16239 300000 SH SOLE 300000 0 0
Berkshire Hathaway Inc. Class A COMMON 084670108 12896 130 SH SOLE 130 0 0
Cephalon, Inc. COMMON 156708109 21042 337100 SH SOLE 337100 0 0
Central Securities Corporation COMMON 155123102 638 35500 SH SOLE 35500 0 0
Costco Wholesale Corporation COMMON 22160K105 34023 575000 SH SOLE 575000 0 0
Cisco Systems, Inc. COMMON 17275R102 22982 960000 SH SOLE 960000 0 0
CEMEX, S.A. de C.V. ADR COMMON 151290889 22127 1872000 SH SOLE 1872000 0 0
Cytokinetics, Incorporated COMMON 23282W100 1542 529900 SH SOLE 529900 0 0
Dell Inc. COMMON 24702R101 18524 1290000 SH SOLE 1290000 0 0
Diageo plc ADR COMMON 25243Q205 24294 350000 SH SOLE 350000 0 0
Devon Energy Corporation COMMON 25179M103 7350 100000 SH SOLE 100000 0 0
Epoch Holding Corporation COMMON 29428R103 17417 1666667 SH SOLE 1666667 0 0
Fidelity National Financial, Inc COMMON 31620R105 9759 725000 SH SOLE 725000 0 0
Gilead Sciences, Inc. COMMON 375558103 5171 119500 SH SOLE 119500 0 0
Halliburton Company COMMON 406216101 24072 800000 SH SOLE 800000 0 0
Hewitt Associates, Inc.Class A COMMON 42822Q100 19697 466100 SH SOLE 466100 0 0
International Game Technology COMMON 459902102 14078 750000 SH SOLE 750000 0 0
J.C. Penney Company, Inc. COMMON 708160106 10644 400000 SH SOLE 400000 0 0
Leap Wireless International, Inc COMMON 521863308 1369 78000 SH SOLE 78000 0 0
McDermott International, Inc. COMMON 580037109 6003 250000 SH SOLE 250000 0 0
MetLife, Inc. COMMON 59156R108 9898 280000 SH SOLE 280000 0 0
Microsoft Corporation COMMON 594918104 17374 570000 SH SOLE 570000 0 0
M&T Bank Corporation COMMON 55261F104 10034 150000 SH SOLE 150000 0 0
The Manitowoc Company, Inc. COMMON 563571108 2325 233198 SH SOLE 233198 0 0
MSCI Inc. COMMON 55354G100 12879 405000 SH SOLE 405000 0 0
Nelnet, Inc. COMMON 64031N108 11200 650000 SH SOLE 650000 0 0
NetEase.com, Inc. COMMON 64110W102 5195 138100 SH SOLE 138100 0 0
Nucor Corporation COMMON 670346105 6998 150000 SH SOLE 150000 0 0
Poniard Pharmaceuticals, Inc. COMMON 732449301 357 195344 SH SOLE 195344 0 0
MetroPCS Communications, Inc. COMMON 591708102 1034 135500 SH SOLE 135500 0 0
PepsiCo, Inc. COMMON 713448108 17328 285000 SH SOLE 285000 0 0
Pfizer Inc. COMMON 717081103 11929 655808 SH SOLE 655808 0 0
PartnerRe Ltd. COMMON G6852T105 20532 275000 SH SOLE 275000 0 0
QUALCOMM Incorporated COMMON 747525103 32382 700000 SH SOLE 700000 0 0
Everest Re Group, Ltd. COMMON G3223R108 21420 250000 SH SOLE 250000 0 0
Republic Services, Inc. COMMON 760759100 26866 949000 SH SOLE 949000 0 0
Royce Value Trust, Inc. COMMON 780910105 1564 144955 SH SOLE 144955 0 0
ProShares UltraShort 20+ Year COMMON 74347R297 23693 475000 SH SOLE 475000 0 0
Teradata Corporation COMMON 88076W103 17758 565000 SH SOLE 565000 0 0
The TJX Companies, Inc. COMMON 872540109 64876 1775000 SH SOLE 1775000 0 0
Transatlantic Holdings, Inc. COMMON 893521104 4325 83000 SH SOLE 83000 0 0
The Travelers Companies, Inc. COMMON 89417E109 9972 200000 SH SOLE 200000 0 0
Textron Inc. COMMON 883203101 4044 215000 SH SOLE 215000 0 0
United Technologies Corporation COMMON 913017109 22558 325000 SH SOLE 325000 0 0
VeriFone Holdings, Inc. 1 3/8% NOTE 92342YAB5 8650 10000000 PRN SOLE 10000000 0 0
Weatherford International Ltd. COMMON G95089101 38507 2150000 SH SOLE 2150000 0 0
Waste Management, Inc. COMMON 94106L109 21300 630000 SH SOLE 630000 0 0
Wal-Mart Stores, Inc. COMMON 931142103 29398 550000 SH SOLE 550000 0 0
Xerox Corporation COMMON 984121103 16074 1900000 SH SOLE 1900000 0 0
XTO Energy Inc. COMMON 98385X106 9306 200000 SH SOLE 200000 0 0