UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 13F
Form 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: Decembver 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: Labranche & Co. Inc.
Address: One Exchange Plaza
New York, NY
13F File Number: 28-10499
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: Harvey S. Traison
Title: Senior Vice President and Chief Financial Officer
Phone: 212-482-8950
Signature, Place, and Date of Signing:
/s/ Harvey S. Traison New York, NY January 26, 2004
Report Type (Check only one.):
[ X] 13F HOLDINGS REPORT.
[ ] 13F NOTICE.
[ ] 13F COMBINATION REPORT.
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 2
Form13F Information Table Entry Total: 174
Form13F Information Table Value Total: $256,179 (thousands)
List of Other Included Managers:
Provide a numbered list of the name(s) and Form 13F file number(s) of all
institutional managers with respect to which this report is filed, other
than the manager filing this report.
No. 13F File Number Name
01 28-10500 Labranche & Co., LLC
02 28-10501 Labranche Structured Products, LLC
FORM 13F INFORMATION TABLE
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
1838 BD-DEB TRADING FD COM 282520105 2452 129738 SH DEFINED 01 0 129738 0
3M CO COM 88579Y101 3840 45166 SH DEFINED 01 0 45166 0
ABBOTT LABS COM 002824100 2632 56488 SH DEFINED 02 0 56488 0
ADVANCED FIBRE COMMUNICATION COM 00754A105 1387 68831 SH DEFINED 02 0 68831 0
AEROPOSTALE COM 007865108 661 24113 SH DEFINED 02 0 24113 0
AGILENT TECHNOLOGIES INC COM 00846U101 800 27367 SH DEFINED 01 0 27367 0
ALLEGHENY ENERGY INC COM 017361106 383 30006 SH DEFINED 02 0 30006 0
AMERADA HESS CORP COM 023551104 614 11541 SH DEFINED 02 0 11541 0
ANADARKO PETE CORP COM 032511107 1994 39100 SH DEFINED 02 0 39100 0
APACHE CORP COM 037411105 4009 49428 SH DEFINED 02 0 49428 0
ARCHER DANIELS MIDLAND CO COM 039483102 242 15914 SH DEFINED 01 0 15914 0
ASTORIA FINL CORP COM 046265104 1310 35206 SH DEFINED 02 0 35206 0
AT&T WIRELESS SVCS INC COM 00209A106 806 100921 SH DEFINED 01 0 100921 0
ATHEROGENICS INC COM 047439104 285 19172 SH DEFINED 02 0 19172 0
AU OPTRONICS CORP SPONSORED ADR 002255107 589 49400 SH DEFINED 02 0 49400 0
AUTOLIV INC COM 052800109 693 18414 SH DEFINED 01 0 18414 0
BERKSHIRE INCOME REALTY INC PREFERRED STOCK 084690205 402 15352 SH DEFINED 01 0 15352 0
BIOTECH HOLDERS TR DEPOSTRY RCPTS 09067D201 2950 21800 SH DEFINED 02 0 21800 0
BIOVAIL CORP COM 09067J109 3110 144720 SH DEFINED 02 0 144720 0
BOULDER TOTAL RETURN FD INC COM 101541100 590 38743 SH DEFINED 01 0 38743 0
BP PLC SPONSORED ADR 055622104 4751 96276 SH DEFINED 02 0 96276 0
CALPINE CORP COM 131347106 538 111899 SH DEFINED 02 0 111899 0
CAMPBELL SOUP CO COM 134429109 1197 44651 SH DEFINED 02 0 44651 0
CAREMARK RX INC COM 141705103 2570 101450 SH DEFINED 02 0 101450 0
CEMEX S A SPON ADR 5 ORD 151290889 483 18432 SH DEFINED 01 0 18432 0
CENTEX CORP COM 152312104 1428 13262 SH DEFINED 02 0 13262 0
CHECK POINT SOFTWARE TECH LT ORD M22465104 362 21546 SH DEFINED 02 0 21546 0
CHICOS FAS INC COM 168615102 510 13795 SH DEFINED 02 0 13795 0
CHITTENDEN CORP COM 170228100 391 11625 SH DEFINED 01 0 11625 0
CHUNGHWA TELECOM CO LTD SPONSORED ADR 17133Q205 232 16000 SH DEFINED 02 0 16000 0
CIRCUIT CITY STORE INC COM 172737108 2211 218251 SH DEFINED 01 0 218251 0
CITIGROUP INC COM 172967101 696 14331 SH DEFINED 02 0 14331 0
CNA FINL CORP COM 126117100 241 10001 SH DEFINED 02 0 10001 0
CNH GLOBAL N V SHS NEW N20935206 306 18458 SH DEFINED 01 0 18458 0
COGNOS INC COM 19244C109 332 10851 SH DEFINED 02 0 10851 0
COMMSCOPE INC COM 203372107 227 13918 SH DEFINED 01 0 13918 0
COMPANHIA DE BEBIDAS DAS AME SPON ADR PFD 20441W203 332 13000 SH DEFINED 02 0 13000 0
COMPUTER ASSOC INTL INC COM 204912109 8458 309362 SH DEFINED 02 0 309362 0
COMVERSE TECHNOLOGY INC COM PAR $0.10 205862402 1372 78024 SH DEFINED 02 0 78024 0
CONTINENTAL AIRLS INC CL B 210795308 288 17682 SH DEFINED 01 0 17682 0
CORN PRODS INTL INC COM 219023108 611 17750 SH DEFINED 01 0 17750 0
COTT CORP QUE COM 22163N106 513 18300 SH DEFINED 02 0 18300 0
CROWN HOLDINGS INC COM 228368106 211 23279 SH DEFINED 02 0 23279 0
CURAGEN CORP COM 23126R101 201 27393 SH DEFINED 02 0 27393 0
CURATIVE HEALTH SRVCS INC COM 23126W100 206 14951 SH DEFINED 02 0 14951 0
DEAN FOODS CO NEW COM 242370104 649 19747 SH DEFINED 01 0 19747 0
EAGLE BROADBAND INC COM 269437109 256 197284 SH DEFINED 01 0 197284 0
ELECTRONICS FOR IMAGING INC COM 286082102 556 21351 SH DEFINED 02 0 21351 0
ENSCO INTL INC COM 26874Q100 593 21814 SH DEFINED 02 0 21814 0
ENZO BIOCHEM INC COM 294100102 1495 83481 SH DEFINED 02 0 83481 0
EQUITY OFFICE PROPERTIES TRU COM 294741103 398 13877 SH DEFINED 02 0 13877 0
ESS TECHNOLOGY INC COM 269151106 2534 148783 SH DEFINED 02 0 148783 0
EVEREST RE GROUP LTD COM G3223R108 1422 16810 SH DEFINED 02 0 16810 0
EXXON MOBIL CORP COM 30231G102 588 14335 SH DEFINED 02 0 14335 0
EXXON MOBIL CORP COM 30231G102 4461 108794 SH DEFINED 01 0 108794 0
FEDERAL REALTY INVT TR SH BEN INT NEW 313747206 447 11644 SH DEFINED 01 0 11644 0
FIRST TR VALUE LINE DIV FD COM SHS 33735A100 236 16398 SH DEFINED 01 0 16398 0
FLAGSTAR BANCORP INC COM 337930101 339 15836 SH DEFINED 02 0 15836 0
FLAHERTY & CRUMRINE PFD INC COM 33848E106 262 18224 SH DEFINED 01 0 18224 0
FREEPORT-MCMORAN COPPER & GO CL B 35671D857 1132 26865 SH DEFINED 02 0 26865 0
GENERAL ELEC CO COM 369604103 426 13741 SH DEFINED 02 0 13741 0
GOLDEN STAR RES LTD CDA COM 38119T104 445 63826 SH DEFINED 01 0 63826 0
GRAY TELEVISION INC COM 389375106 292 19337 SH DEFINED 01 0 19337 0
GUCCI GROUP N V COM NY REG 401566104 6335 74050 SH DEFINED 02 0 74050 0
HALLIBURTON CO COM 406216101 692 26610 SH DEFINED 01 0 26610 0
HARMAN INTL INDS INC COM 413086109 2065 27916 SH DEFINED 02 0 27916 0
HDFC BANK LTD ADR REPS 3 SHS 40415F101 312 10200 SH DEFINED 02 0 10200 0
HOLOGIC INC COM 436440101 213 12346 SH DEFINED 02 0 12346 0
ICICI BK LTD ADR 45104G104 218 12700 SH DEFINED 02 0 12700 0
INTERNATIONAL GAME TECHNOLOG COM 459902102 5166 144695 SH DEFINED 02 0 144695 0
INTERPORE INTL COM 46062W107 338 25987 SH DEFINED 02 0 25987 0
ISHARES INC MSCI SPAIN 464286764 643 23300 SH DEFINED 02 0 23300 0
ISHARES INC MSCI ITALY 464286855 1112 56380 SH DEFINED 02 0 56380 0
ISHARES INC MSCI BELGIUM 464286301 528 40800 SH DEFINED 02 0 40800 0
ISHARES INC MSCI PAC J IDX 464286665 8102 111780 SH DEFINED 02 0 111780 0
ISHARES INC MSCI UTD KINGD 464286699 304 19500 SH DEFINED 02 0 19500 0
ISHARES INC MSCI TAIWAN 464286731 432 38400 SH DEFINED 02 0 38400 0
ISHARES INC MSCI S KOREA 464286772 1625 64900 SH DEFINED 02 0 64900 0
ISHARES INC MSCI NETHERLND 464286814 663 40500 SH DEFINED 02 0 40500 0
ISHARES INC MSCI MALAYSIA 464286830 469 72700 SH DEFINED 02 0 72700 0
ISHARES INC MSCI JAPAN 464286848 11266 1168665 SH DEFINED 02 0 1168665 0
ISHARES INC MSCI FRANCE 464286707 3293 162000 SH DEFINED 02 0 162000 0
ISHARES TR DJ US BAS MATL 464287838 761 16700 SH DEFINED 02 0 16700 0
ISHARES TR TRANSP AVE IDX 464287192 16146 300000 SH DEFINED 02 0 300000 0
ISHARES TR DJ US TOTL MKT 464287846 4428 84000 SH DEFINED 02 0 84000 0
ISHARES TR S&P SMLCAP 600 464287804 6144 45850 SH DEFINED 02 0 45850 0
ISHARES TR DJ US TECH SEC 464287721 2071 42700 SH DEFINED 02 0 42700 0
ISHARES TR RUSSELL 3000 464287689 1158 18400 SH DEFINED 02 0 18400 0
ISHARES TR RUSL 3000 GROW 464287671 438 11600 SH DEFINED 02 0 11600 0
ISHARES TR RUSL 2000 GROW 464287648 1873 31600 SH DEFINED 02 0 31600 0
ISHARES TR RUSL 2000 VALU 464287630 3128 19500 SH DEFINED 02 0 19500 0
ISHARES TR GS NAT RES IDX 464287374 1260 11800 SH DEFINED 02 0 11800 0
ISHARES TR S&P EURO PLUS 464287861 5427 84600 SH DEFINED 02 0 84600 0
ISHARES TR S&P 500 INDEX 464287200 9798 88100 SH DEFINED 02 0 88100 0
ISHARES TR RUSSELL1000GRW 464287614 1863 39800 SH DEFINED 02 0 39800 0
ISHARES TR S&P GBL ENER 464287341 983 16700 SH DEFINED 02 0 16700 0
ISHARES TR MSCI EAFE IDX 464287465 7020 51322 SH DEFINED 02 0 51322 0
ISHARES TR GLMN SCHS SOFT 464287515 596 15792 SH DEFINED 02 0 15792 0
ISHARES TR GLDM SACHS TEC 464287549 1105 24100 SH DEFINED 02 0 24100 0
ISHARES TR NASDQ BIO INDX 464287556 813 11300 SH DEFINED 02 0 11300 0
ISHARES TR RUSSELL1000VAL 464287598 1039 17800 SH DEFINED 02 0 17800 0
ISHARES TR S&P MIDCP GROW 464287606 3962 33375 SH DEFINED 02 0 33375 0
JDS UNIPHASE CORP COM 46612J101 2563 704125 SH DEFINED 02 0 704125 0
JO-ANN STORES INC COM 47758P307 225 11005 SH DEFINED 01 0 11005 0
JONES LANG LASALLE INC COM 48020Q107 218 10512 SH DEFINED 01 0 10512 0
KEY ENERGY SVCS INC COM 492914106 358 34720 SH DEFINED 02 0 34720 0
KONINKLIJKE AHOLD N V SPON ADR NEW 500467303 271 34900 SH DEFINED 02 0 34900 0
KOOKMIN BK NEW SPONSORED ADR 50049M109 662 17500 SH DEFINED 02 0 17500 0
KOREA ELECTRIC PWR SPONSORED ADR 500631106 473 45500 SH DEFINED 02 0 45500 0
KT CORP SPONSORED ADR 48268K101 521 27321 SH DEFINED 02 0 27321 0
LENNOX INTL INC COM 526107107 394 23617 SH DEFINED 01 0 23617 0
LEXINGTON CORP PPTYS TR COM 529043101 250 12385 SH DEFINED 01 0 12385 0
LOWES COS INC COM 548661107 981 17711 SH DEFINED 01 0 17711 0
LUCENT TECHNOLOGIES INC COM 549463107 1761 619942 SH DEFINED 01 0 619942 0
MAGNUM HUNTER RES INC COM PAR $0.002 55972F203 360 37900 SH DEFINED 02 0 37900 0
MANOR CARE INC NEW COM 564055101 696 20125 SH DEFINED 01 0 20125 0
MARKWEST ENERGY PARTNERS L P UNIT LTD PARTN 570759100 577 14175 SH DEFINED 01 0 14175 0
MARKWEST HYDROCARBON INC COM 570762104 308 27302 SH DEFINED 01 0 27302 0
MCDATA CORP CL B 580031102 209 21950 SH DEFINED 02 0 21950 0
MEDCO HEALTH SOLUTIONS INC COM 58405U102 524 15419 SH DEFINED 01 0 15419 0
MEDICINES CO COM 584688105 457 15525 SH DEFINED 02 0 15525 0
MERIT MED SYS INC COM 589889104 717 32216 SH DEFINED 02 0 32216 0
NBC CAP CORP COM 628729105 362 13559 SH DEFINED 01 0 13559 0
NIKE INC CL B 654106103 1413 20645 SH DEFINED 01 0 20645 0
NYFIX INC COM 670712108 718 90711 SH DEFINED 02 0 90711 0
OAKLEY INC COM 673662102 261 18823 SH DEFINED 01 0 18823 0
OIL SVC HOLDRS TR DEPOSTRY RCPT 678002106 1779 28700 SH DEFINED 02 0 28700 0
OPEN JT STK CO-VIMPEL COMMUN SPONSORED ADR 68370R109 2190 29799 SH DEFINED 02 0 29799 0
OVERLAND STORAGE INC COM 690310107 259 13797 SH DEFINED 02 0 13797 0
OXFORD HEALTH PLANS INC COM 691471106 544 12498 SH DEFINED 01 0 12498 0
PATTERSON DENTAL CO COM 703412106 1117 17455 SH DEFINED 02 0 17455 0
PEC SOLUTIONS INC COM 705107100 642 37847 SH DEFINED 02 0 37847 0
PEDIATRIX MED GROUP COM 705324101 825 14967 SH DEFINED 01 0 14967 0
PETROLEO BRASILEIRO SA PETRO SPONSORED ADR 71654V101 766 28726 SH DEFINED 02 0 28726 0
PETSMART INC COM 716768106 437 18354 SH DEFINED 02 0 18354 0
PG&E CORP COM 69331C108 1793 64563 SH DEFINED 02 0 64563 0
PHARMACEUTICAL HLDRS TR DEPOSITRY RCPT 71712A206 1956 24600 SH DEFINED 02 0 24600 0
PIER 1 IMPORTS INC COM 720279108 510 23327 SH DEFINED 01 0 23327 0
POSCO SPONSORED ADR 693483109 2911 85692 SH DEFINED 02 0 85692 0
PULTE HOMES INC COM 745867101 5549 59272 SH DEFINED 02 0 59272 0
QWEST COMMUNICATIONS INTL IN COM 749121109 365 84442 SH DEFINED 01 0 84442 0
RAYONIER INC COM 754907103 1182 28483 SH DEFINED 02 0 28483 0
RETAIL HOLDRS TR DEP RCPT 76127U101 1517 16800 SH DEFINED 02 0 16800 0
RF MICRODEVICES INC COM 749941100 913 90802 SH DEFINED 02 0 90802 0
SATYAM COMPUTER SERVICES LTD ADR 804098101 324 11032 SH DEFINED 02 0 11032 0
SEAGATE TECHNOLOGY SHS G7945J104 282 14941 SH DEFINED 01 0 14941 0
SELECT SECTOR SPDR TR SBI HEALTHCARE 81369Y209 301 10000 SH DEFINED 02 0 10000 0
SEMICONDUCTOR HLDRS TR DEP RCPT 816636203 4313 104150 SH DEFINED 02 0 104150 0
SEPRACOR INC COM 817315104 1665 69565 SH DEFINED 02 0 69565 0
SHOPKO STORES INC COM 824911101 379 24880 SH DEFINED 01 0 24880 0
SILICONWARE PRECISION INDS L SPONSD ADR SPL 827084864 1223 237476 SH DEFINED 02 0 237476 0
SIMON PPTY GROUP INC NEW COM 828806109 1045 22559 SH DEFINED 01 0 22559 0
SK TELECOM LTD SPONSORED ADR 78440P108 356 19100 SH DEFINED 02 0 19100 0
SPINNAKER EXPL CO COM 84855W109 908 28147 SH DEFINED 02 0 28147 0
SUNTRUST BKS INC COM 867914103 1009 14107 SH DEFINED 01 0 14107 0
SURMODICS INC COM 868873100 568 23911 SH DEFINED 02 0 23911 0
TAG-IT PAC INC COM 873774103 366 81548 SH DEFINED 01 0 81548 0
TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADR 874039100 852 83200 SH DEFINED 02 0 83200 0
TELE NORTE LESTE PART S A SPON ADR PFD 879246106 204 13236 SH DEFINED 02 0 13236 0
TEXAS INSTRS INC COM 882508104 621 21142 SH DEFINED 02 0 21142 0
THOMAS & BETTS CORP COM 884315102 380 16590 SH DEFINED 01 0 16590 0
TIME WARNER INC COM 887317105 296 16470 SH DEFINED 02 0 16470 0
TRACTOR SUPPLY CO COM 892356106 1163 29824 SH DEFINED 02 0 29824 0
TRIMBLE NAVIGATION LTD COM 896239100 584 15678 SH DEFINED 02 0 15678 0
TV AZTECA S A DE C V SPONSORED ADR 901145102 599 65865 SH DEFINED 01 0 65865 0
UCBH HOLDINGS INC COM 90262T308 407 10434 SH DEFINED 02 0 10434 0
ULTRA PETROLEUM CORP COM 903914109 1837 74599 SH DEFINED 02 0 74599 0
UNITED MICROELECTRONICS CORP SPONSORED ADR 910873207 758 153100 SH DEFINED 02 0 153100 0
UTILITIES HOLDRS TR DEPOSITRY RCPT 918019100 1043 13300 SH DEFINED 02 0 13300 0
VANGUARD INDEX TR STK MRK VIPERS 922908769 1267 11900 SH DEFINED 02 0 11900 0
VIACOM INC CL B 925524308 1632 36768 SH DEFINED 01 0 36768 0
WELLS FARGO & CO NEW COM 949746101 1721 29222 SH DEFINED 01 0 29222 0
XCEL ENERGY INC COM 98389B100 221 13039 SH DEFINED 01 0 13039 0
YANKEE CANDLE INC COM 984757104 585 21412 SH DEFINED 02 0 21412 0