13F-HR 1 gwc1203.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 13F COVER PAGE Report for the Quarter Ended: December 31, 2003 Institutional Investment Manager Filing this Report: Name: GW Capital, Inc. Address: 10900 N.E. Eighth Street, Suite 235 Bellevue, WA 98004 13F File Number: 801-35777 The institutional investment manager filing this report and the person by Who 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: Guy Watanabe Title: President Phone: 425-455-4551 Signature, Place and Date of Signing: Guy Watanabe Bellevue, Washington January 8, 2003 Report Type: [X] 13F Holdings Report [ ] 13F Notice [ ] 13F Combination Report I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE ACT OF 1934. FORM 13F SUMMARY Report Summary: Number of Managers: 1 Form 13F Information Table Entry Total: 28 Form 13F Information Table Value Total: 30,794,000 FORM 13F INFORMATION TABLE TITLE/ VALUE SHARES VOTING AUTHORITY NAME OF ISSUER CLASS CUSIP x1000 PRN AMT SOLE SHRD NONE ---------------------- ----- --------- ----- ------- ----- ---- ---- AMERICAN STATES WATER COM 029899101 775 31000 15000 0 16000 BEVERLY ENTERPRISES COM 087851309 859 100000 50000 0 50000 CIGNA CORPORATION COM 125509109 1035 18000 8000 0 10000 CONSECO INCORPORATED COM 208464883 1090 50000 18000 0 32000 EMERITUS CORPORATION COM 291005106 834 101600 51600 0 50000 FOREST OIL CORPORATION COM 346091705 1457 51000 16000 0 35000 FREMONT GENERAL CORP COM 357288109 1353 80000 30000 0 50000 GENESIS HEALTHCARE COM 37184D101 1139 50000 19500 0 30500 GREY WOLF INCORPORATED COM 397888108 860 230000 112000 0 118000 HANOVER COMPRESSOR COM 410768105 803 72000 32000 0 40000 HEALTH CARE R E I T COM 42217K106 1080 30000 15000 0 15000 HEARST-ARGYLE TELEV COM 453258402 1102 40000 15000 0 25000 KINDRED HEALTH CARE COM 494580103 1040 20000 8500 0 11500 LTC PROPERTIES INC COM 502175102 1769 120000 45000 0 75000 LONESTAR TECHNOLOGIES COM 542312103 879 55000 30000 0 25000 MAVERICK TUBE CORP COM 577914104 1347 70000 25000 0 45000 NEIGHBORCARE INC COM 64015Y104 988 50000 19500 0 30500 OMEGA HEALTHCARE REIT COM 681936100 1539 165000 65000 0 100000 ONEOK INCORPORATED COM 682680103 1325 60000 20000 0 40000 OWENS-ILLINOIS INC COM 690768403 1141 96000 36000 0 60000 QUANTA SERVICES INC COM 76762E102 985 135000 55000 0 80000 RH DONNELLEY INCORP COM 74955W307 996 25000 10000 0 15000 RANGE RESOURCES INC COM 75281A109 1465 155000 70000 0 85000 SOUTHWEST GAS CORP COM 844895102 763 34000 16000 0 18000 SUPERIOR ENERGY SVCS COM 868157108 1175 125000 45000 0 80000 SYMBOL TECHNOLOGIES COM 871508107 845 50000 15000 0 35000 TIDEWATER INCORPORATED COM 886423102 1046 35000 12000 0 23000 XCEL ENERGY INCORP COM 98389B100 1104 65000 20000 0 45000