13F-HR 1 fletch_asset13f.txt HOLDINGS REPORT 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, 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: DIRECTOR Phone: (212) 284-4800 Signature, Place, and Date of Signing: /s/ Denis Kiely ---------------------------- ------------------------ --------------------- DENIS KIELY NEW YORK, NEW YORK NOVEMBER 13, 2003 DIRECTOR 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: 3 Form 13F Information Table Entry Total: 19 Form 13F Information Table Value Total: $136,973 (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 Fair Shares or (B) (C) (B) Name of Issuer Title of CUSIP Market Principal (A) Shared Shared (A) Shared C Class Number Value Amount Sole Defined Other Sole Defined None (x$1,000) Alloy Inc Common Stock 019855105 9,854 1,759,672 X 1 X American Express Co Common Stock 025816109 680 15,100 X 1 X Aspen Technology Inc Common Stock 045327103 371 95,000 X 1 X CalDive International Inc Common Stock 127914109 2,379 122,397 X 1 X Champion Enterprises Inc Common Stock 158496107 8,881 1,398,506 X 1 X Com21 Inc Common Stock 205937105 1 364,000 X 1 X Cooper Cameron Corp Common Stock 216640102 2,349 50,840 X 1 X Diamonds TR Unit Ser 1 252787106 16,242 174,400 X 1 X Dow Chem Co Common Stock 260543103 550 16,900 X 1 X Federal Natl Mtg Assn Common Stock 313586109 512 7,300 X 1 X Fleetwood Enterprises Inc Common Stock 339099103 1,502 161,977 X 1 X GulfTerra Energy Partners LP Common Units 40274U108 65,207 1,626,109 X X Lone Star Technologies Inc Common Stock 542312103 332 24,600 X 1 X Metro Goldwyn Mayer Inc Common Stock 591610100 1,011 65,900 X 1 X Newpark Resources Inc Common Stock 651718504 13,191 3,067,616 X 1 X Oil Service HOLDRS Trust Depostry 678002106 23,612 410,500 X 1 X Rcpt SPDR TR Unit Ser 1 78462F103 58,255 582,841 X 1 X SPDR TR Unit Ser 1 78462F103 44 438 X X TRC Cos Inc Common Stock 872625108 7,062 429,011 X 1 X