13F-HR 1 gwc0904.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 13F COVER PAGE Report for the Quarter Ended: September 30, 2004 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 October 14, 2004 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: 27 Form 13F Information Table Value Total: 34,999,000 FORM 13F INFORMATION TABLE TITLE/ VALUE SHARES VOTING AUTHORITY NAME OF ISSUER CLASS CUSIP x1000 PRN AMT SOLE SHRD NONE -------------- ----- --------- ------- ---- ----- ---- ---- AM STATES WTR COM 029899101 1245 50000 21500 0 28500 AQUA AMERICA COM 03836W103 995 45000 20000 0 25000 BEVERLY ENTER COM 087851309 1136 150000 50000 0 100000 CHEMED cORPOR COM 16359r103 1115 20000 8000 0 12000 CROWN HOLDINGS COM 228368106 1495 80000 40000 0 40000 EMERITUS CORP COM 291005106 1499 164100 74100 0 90000 GENESIS HEALTH COM 37184D101 1520 50000 19500 0 30500 GREY WOLF IN COM 397888108 1125 230000 112000 0 118000 HEALTHCARE REIT COM 42217K106 1056 30000 15000 0 15000 HEARST-ARGYLE COM 453258402 1223 40000 15000 0 25000 KINDRED HEALTH COM 494580103 1537 63000 25000 0 38000 LTC PROPERTIES COM 502175102 2147 120000 45000 0 75000 MARTEK BIOSCI COM 572901106 1313 18000 8000 0 10000 MAVERICK TUBE COM 577914104 2157 70000 25000 0 45000 MCDERMOTT INTL COM 580037109 2041 173000 73000 0 100000 OMEGA HC REIT COM 681936100 1775 165000 65000 0 100000 ONEOK INCORP COM 682680103 1561 60000 20000 0 40000 OWENS-ILLINOIS COM 690768403 1536 96000 36000 0 60000 PEP BOYS - pby COM 713278109 420 30000 0 0 30000 QUANTA SERVICES COM 76762E102 938 155000 55000 0 100000 RH DONNELLEY COM 74955W307 1234 25000 10000 0 15000 RANGE RESOURCES COM 75281A109 1399 80000 35000 0 45000 SOUTHWEST GAS COM 844895102 814 34000 16000 0 18000 SUN HEALTHCARE COM 866933401 961 120000 40000 0 80000 SUPERIOR ENERGY COM 868157108 1615 125000 45000 0 80000 TIDEWATER INC COM 886423102 1139 35000 12000 0 23000 VECTREN CORP COM 92240G101 3 100 0 0 100