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, 2013 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: Arthur J. Gallagher & Co. Address: Two Pierce Place Itasca, Illinois 60143 Form 13F File Number: 28-14530 -------- 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: April J. Hanes-Dowd Title: Assistant Secretary Phone: (630) 773-3800 Signature, Place, and Date of Signing: /s/ April J. Hanes-Dowd Itasca, Illinois May 13, 2013 ----------------------- ------------------ ----------------- [Signature] [City, State] [Date] 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)). List of Other Managers Reporting for this Manager: None. Form 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 2 ----------------- Form 13F Information Table Entry Total: 5 ----------------- Form 13F Information Table Value Total: $ 227,067 ---------------- (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 28-14533 Gallagher Fiduciary Advisors, LLC 2 28-14532 Gallagher Benefit Services, Inc. -2- March 31, 2013 FORM 13F INFORMATION TABLE Voting Authority ---------------- Title of Value Shares/ Sh/ Put/ Investment Other Name of Issuer Class CUSIP (x$1000) Prn Amt Prn Call Discretion Managers Sole Shared None -------------- ----- ----- -------- ------- --- ---- ----------- -------- ---- ------ ---- Clear Channel Outdoor Holdings CL A 18451C109 1,873 243,176 SH DEFINED 1, 2 243,176 General Motors Company W EXP 7/10/2019 37045V126 24,546 2,081,893 SH DEFINED 1, 2 N/A N/A N/A Franklin Resources Inc. COM 354613101 122,458 812,001 SH DEFINED 1, 2 812,001 PPG Industries Inc. COM 693506107 77,309 577,195 SH DEFINED 1, 2 577,195 USEC Inc. COM 90333E108 881 2,319,209 SH DEFINED 1, 2 2,319,209 REPORT SUMMARY 5 DATA RECORDS $227,067 ALL OTHER MANAGERS ON WHOSE BEHALF REPORT IS FILED - 2