13F-HR 1 pa104958.txt FORM 13F UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F Form 13F COVER PAGE Report for the Calendar Year or Quarter Ended: MARCH 31, 2003 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: FLETCHER ASSET MANAGEMENT, INC. Address: 22 EAST 67TH STREET NEW YORK, NEW YORK 10021 Form 13F File Number: 28-3480 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: DENIS KIELY Title: AUTHORIZED SIGNATORY Phone: (212) 284-4800 Signature, Place, and Date of Signing: /s/ DENIS KIELY ---------------------------- ------------------------ --------------------- DENIS KIELY NEW YORK, NEW YORK MAY 12, 2003 AUTHORIZED SIGNATORY Report Type (Check only one.): [ X ] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.) [ ] 13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).) [ ] 13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).) FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 1 Form 13F Information Table Entry Total: 18 Form 13F Information Table Value Total: $139,066 (thousands) List of Other Included Managers: Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report. No. Form 13F File Number Name 1 28-10204 FLETCHER INTERNATIONAL, LTD. FORM 13F REPORT
Item 8. Voting Authority Item 2 Item 3 Item 4 Item 5 Item 6 Item 7 Shares ----------------------------------------------------------------------------------------------------- Fair Market Shares or (B) (C) (B) Title of CUSIP Value Principal (A) Shared Shared (A) Shared C Name of Issuer Class Number (x$1,000) Amount Sole Defined Other Sole Defined None --------------------------------------------------------------------------------------------------------------------------------- Alloy Inc Common 019855105 8,426 1,681,769 X 1 X Stock American Express Co Common 025816109 502 15,100 X 1 X Stock Aspen Technology Inc Common 045327103 228 95,000 X 1 X Stock Champion Enterprises Inc Common 158496107 1,568 852,094 X 1 X Stock Clayton Homes Inc Common 184190106 1,258 113,965 X 1 X Stock Com21 Inc Common 205937105 22 182,000 X 1 X Stock Cooper Cameron Corp Common 216640102 2,822 57,000 X 1 X Stock Diamonds TR Unit Ser 1 252787106 13,920 174,400 X 1 X Dow Chem Co Common 260543103 467 16,900 X 1 X Stock Federal Natl Mtg Assn Common 313586109 477 7,300 X 1 X Stock Fleetwood Enterprises Inc Common 339099103 658 161,977 X 1 X Stock Lone Star Technologies Inc Common 542312103 520 24,600 X 1 X Stock Metro Goldwyn Mayer Inc Common 591610100 692 65,900 X 1 X Stock Newpark Resources Inc Common 651718504 556 122,649 X 1 X Stock Oil Service HOLDRS Trust Depostry 678002106 40,471 735,300 X 1 X Rcpt SPDR TR Unit Ser 1 78462F103 66,254 781,854 X 1 X SPDR TR Unit Ser 1 78462F103 79 927 X X TRC Cos Inc Common 872625108 147 11,223 X 1 X Stock