13F-HR 1 sfc174676.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F Form 13F COVER PAGE Report for the Calendar Year or Quarter Ended: June 30, 2005 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: 452 Fifth Avenue HSBC Tower, 29th Floor NEW YORK, NEW YORK 10018 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: PETER ZAYFERT Title: EXECUTIVE VICE PRESIDENT Phone: (212) 284-4800 Signature, Place, and Date of Signing: /s/ Peter Zayfert ------------------------------ ------------------------ --------------------- PETER ZAYFERT NEW YORK, NEW YORK August 12, 2005 EXECUTIVE VICE PRESIDENT 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: 28 Form 13F Information Table Value Total: $140,451 (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 INFORMATION TABLE
Fair Voting Authority Market Shares ------------------- Title of CUSIP Value Principal SH/ Put/ Investment Other (A) (B) (C) Name of Issuer Class Number (x$1,000) Amount PRN Call Discretion Managers Sole Shared None -------------- ----- -------- --------- --------- --- ---- ---------- -------- ---- ------ ---- Allied Waste Inds Inc COM 019589308 58 7,300 SH Defined 1 X Cal Dive Int Inc COM 127914109 9,151 174,746 SH Defined 1 X Casella Waste Sys Inc CL A 147448104 86 7,200 SH Defined 1 X Champion Enterprises Inc COM 158496109 15,067 1,515,763 SH Defined 1 X Cooper Cameron Corp COM 216640102 1,700 27,390 SH Defined 1 X Devry Inc DEL COM 251893103 121 6,100 SH Defined 1 X Faro Technologies Inc COM 311642102 706 25,900 SH Defined 1 X Fleetwood Enterprises Inc COM 339099103 1,644 161,977 SH Defined 1 X FLIR Sys Inc COM 302445101 722 24,200 SH Defined 1 X Input/Output Inc COM 457652105 1,174 187,000 SH Defined 1 X Ishares TR Put 464287955 21,977 345,000 SH Put Defined 1 X ITT Educational Services Inc COM 45068B109 118 2,200 SH Defined 1 X Mechanical Technology Inc COM 583538103 5,441 1,528,242 SH Defined 1 X Newpark Res Inc COM 651718504 12,534 1,671,200 SH Defined 1 X Oceaneering Int Inc COM 675232102 278 7,200 SH Defined 1 X Oil Service HOLDRS TR Depostry Rcpt 678002106 7,644 74,960 SH Defined 1 X Oil Service HOLDRS TR Put 678002956 40,533 397,500 SH Put Defined 1 X Oil Sts Intl Inc COM 678026105 342 13,600 SH Defined 1 X Orbotech Ltd ORD M75253100 703 32,700 SH Defined 1 X NASDAQ 100 TR Unit Ser 1 631100104 1,126 30,600 SH Defined X Plug Power Inc COM 72919P103 12,329 1,799,791 SH Defined 1 X SPDR TR Unit Ser 1 78462F103 5,912 49,606 SH Defined 1 X SPDR TR Unit Ser 1 78462F103 52 440 SH Defined X Superior Energy Svcs Inc COM 868157108 374 21,000 SH Defined 1 X Tetra Tech Inc NEW COM 88162G103 54 4,000 SH Defined 1 X TRC Cos Inc COM 872625108 161 13,705 SH Defined 1 X Waste Connections Inc COM 941053100 145 3,900 SH Defined 1 X W-H Energy Svcs Inc COM 92925E108 299 12,000 SH Defined 1 X