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, 2012 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: Ally Financial Inc. Address: 200 Renaissance Center P.O. Box 200 Detroit, MI 48265-2000 Form 13F File Number: 28-14534 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: Cathy L. Quenneville Title: Secretary Phone: 313-656-6301 Signature, Place, and Date of Signing: /s/ Cathy L. Quenneville Detroit, Michigan May 11, 2012 ----------------------------------- -------------------------- ------------ [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).) FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 2 Form 13F Information Table Entry Total: 98 Form 13F Information Table Value Total: 969,511 (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 --- -------------------- ---- 01 28-14536 Ally Insurance Holdings Inc. 02 28-14535 Motors Insurance Corporation 2 FORM 13F INFORMATION TABLE COLUMN 5 COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 AMOUNT & TYPE OF SECURITY COLUMN 6 COLUMN 7 COLUMN 8 ------------------------------ -------- ------------ --------- ------------------------- ---------- -------- --------------------- MARKET VOTING AUTHORITY TITLE OF VALUE SHRS OR INVESTMENT OTHER --------------------- NAME OF ISSUER CLASS CUSIP NUMBER (X$1,000) PRN AMNT SH/PRN PUT/CALL DISCRETION MANAGERS SOLE SHARED NONE ------------------------------ -------- ------------ --------- --------- ------ -------- ---------- -------- --------- ------ ---- Abercrombie & Fitch Co Cl A COM 002896207 2,729 55,000 SH DEFINED 1 55,000 Adobe Systems COM 00724F101 10,121 295,000 SH DEFINED 2 295,000 Aflac Inc COM 001055102 13,567 295,000 SH DEFINED 1 295,000 Altria Group Inc COM 02209S103 10,743 348,000 SH DEFINED 1 348,000 Amazon Com Inc COM 0023135106 11,138 55,000 SH DEFINED 1 55,000 America Movil SA de CV COM 02364W105 2,235 90,000 SH DEFINED 1 90,000 Analog Devices COM 0032654105 5,171 128,000 SH DEFINED 1 128,000 Apache Corp COM 0037411105 23,101 230,000 SH DEFINED 1 230,000 Apple Computer COM 0037833100 10,790 18,000 SH DEFINED 1 18,000 Avon Products Inc COM 0054303102 6,544 338,000 SH DEFINED 1 338,000 Baidu Inc COM 0056752108 2,624 18,000 SH DEFINED 1 18,000 Baker Hughes COM 0057224107 12,582 300,000 SH DEFINED 1 300,000 Becton Dickinson and Company COM 075887109 14,909 192,000 SH DEFINED 2 192,000 Bed Bath & Beyond Inc COM 0075896100 5,459 83,000 SH DEFINED 1 83,000 Berkshire Hathaway Inc COM 084670702 5,273 65,000 SH DEFINED 2 65,000 BlackRock Inc COM 09247X101 6,147 30,000 SH DEFINED 1 30,000 Boeing Co COM 0097023105 9,668 130,000 SH DEFINED 1 130,000 Broadcom Corp Class A COM 0111320107 2,947 75,000 SH DEFINED 1 75,000 C.H. Robinson Worldwide Inc COM 12541W209 9,496 145,000 SH DEFINED 1 145,000 Carnival Corp COM 0143658300 15,559 485,000 SH DEFINED 1 485,000 Cisco Sys Inc COM 17275R102 21,361 1,010,000 SH DEFINED 1,2 1,010,000 CLIFFS NATURAL RESOURCES INC COM 18683K101 4,502 65,000 SH DEFINED 1 65,000 Coca Cola Co COM 191216100 15,912 215,000 SH DEFINED 2 215,000 ConocoPhillips COM 20825C104 5,701 75,000 SH DEFINED 1 75,000 Darden Restaurants COM 237194105 11,204 219,000 SH DEFINED 1 219,000 Ebay Inc COM 278642103 5,165 140,000 SH DEFINED 1 140,000 Electronic Arts Inc COM 285512109 2,472 150,000 SH DEFINED 1 150,000 EMC Corp Mass COM 268648102 5,080 170,000 SH DEFINED 1 170,000 Emerson Elec Co COM 291011104 15,393 295,000 SH DEFINED 1 295,000 Entergy Corp COM 29364G103 4,704 70,000 SH DEFINED 1 70,000 Exelon Corporation COM 30161N101 5,882 150,000 SH DEFINED 2 150,000 Expeditors Intl Wash Inc COM 302130109 9,533 205,000 SH DEFINED 1 205,000 Express Scripts COM 302182100 15,441 285,000 SH DEFINED 1 285,000 Fedex Corp COM 31428X106 9,932 108,000 SH DEFINED 2 108,000 Franklin Resources Inc COM 354613101 4,961 40,000 SH DEFINED 1 40,000 Freeport McMoran Copper & Gold COM 35671D857 4,184 110,000 SH DEFINED 1 110,000 General Dynamics Corp COM 369550108 16,144 220,000 SH DEFINED 2 220,000 General Elec Co COM 369604103 20,813 1,037,000 SH DEFINED 1 1,037,000 GlaxoSmithKline PLC COM 37733W105 5,030 112,000 SH DEFINED 1 112,000 Goldman Sachs Group COM 38141G104 8,084 65,000 SH DEFINED 1 65,000 Google Inc COM 38259P508 16,031 25,000 SH DEFINED 1 25,000 Grupo Televisa SA-SPON COM 40049J206 2,213 105,000 SH DEFINED 1 105,000 Halliburton Co COM 406216101 2,191 66,000 SH DEFINED 1 66,000 Hess Corp COM 42809H107 21,517 365,000 SH DEFINED 1 365,000 Hewlett-Packard Co COM 428236103 13,107 550,000 SH DEFINED 1,2 550,000 Ishares MSCII Taiwan Index FD ETF 464286640 1,571 23,000 SH DEFINED 1 23,000 Ishares MSCII Taiwan Index FD ETF 464286731 4,499 335,000 SH DEFINED 1 335,000 Ishares MSCII Taiwan Index FD ETF 464286772 2,679 45,000 SH DEFINED 1 45,000 Ishares MSCII Taiwan Index FD ETF 464286830 1,607 110,000 SH DEFINED 1 110,000 Ishares Lehman 1-3YR Trs Bd ETF 464287184 4,029 110,000 SH DEFINED 1 110,000 Ishares Lehman 1-3YR Trs Bd ETF 464287234 43,369 1,010,000 SH DEFINED 1 1,010,000 Ivans Inc COM 465991933 381 18,980 SH DEFINED 2 18,980 J P Morgan Chase & Co COM 46625H100 22,760 495,000 SH DEFINED 2 495,000 Johnson & Johnson COM 478160104 15,171 230,000 SH DEFINED 2 230,000 Lilly Eli & Co COM 532457108 5,235 130,000 SH DEFINED 1 130,000 Linear Technology Corp COM 535678106 5,392 160,000 SH DEFINED 1 160,000 Medtronic Inc COM 585055106 5,095 130,000 SH DEFINED 1 130,000 Merck & Co. Inc. COM 58933Y105 10,253 267,000 SH DEFINED 1 267,000 Metlife Inc COM 59156R108 12,886 345,000 SH DEFINED 1 345,000 Microsoft Corp COM 594918104 10,320 320,000 SH DEFINED 2 320,000 Monsanto Co COM 61166W101 2,393 30,000 SH DEFINED 1 30,000 Morgan Stanley COM 617446448 17,185 875,000 SH DEFINED 1,2 875,000 Murphy Oil Corp COM 626717102 17,162 305,000 SH DEFINED 1 305,000 Newmont Mng Corp COM 651639106 8,972 175,000 SH DEFINED 1 175,000 Northern Trust Corp COM 665859104 15,421 325,000 SH DEFINED 1 325,000 NYSE Euronext COM 629491101 2,521 84,000 SH DEFINED 1 84,000 Oracle Corporation COM 68389X105 17,933 615,000 SH DEFINED 1 615,000 Paychex Inc COM 704326107 14,720 475,000 SH DEFINED 1,2 475,000 Peabody Energy Corp COM 704549104 7,530 260,000 SH DEFINED 1 260,000 Pepsico Inc COM 713448108 20,569 310,000 SH DEFINED 1,2 310,000 Petroleo Brasileiro S.A. -ADR ADR 71654V408 15,670 590,000 SH DEFINED 1 590,000 Pfizer COM 717081103 15,069 665,000 SH DEFINED 1 665,000 Procter & Gamble Co COM 742718109 10,418 155,000 SH DEFINED 2 155,000 Qualcomm Inc COM 747525103 5,442 80,000 SH DEFINED 1 80,000 Raytheon Co COM 755111507 5,542 105,000 SH DEFINED 1 105,000 Rockwell Collins Inc COM 774341101 14,390 250,000 SH DEFINED 1 250,000 Royal Dutch Shell PLC COM 780259206 4,769 68,000 SH DEFINED 1 68,000 Schlumberger Ltd COM 806857108 17,133 245,000 SH DEFINED 1,2 245,000 Staples Inc COM 855030102 15,209 940,000 SH DEFINED 1,2 940,000 State Street Corp COM 857477103 14,105 310,000 SH DEFINED 1,2 310,000 Stryker Corp COM 863667101 13,870 250,000 SH DEFINED 1 250,000 Sysco Corp COM 871829107 10,451 350,000 SH DEFINED 1 350,000 Target Corp COM 87612E106 15,150 260,000 SH DEFINED 1 260,000 Telekomunik Indonesia-SP ADR ADR 715684106 3,704 122,000 SH DEFINED 1 122,000 Teva Pharmaceutical Industries COM 881624209 13,969 310,000 SH DEFINED 1 310,000 The Blackstone Group LP COM 09253U108 5,260 330,000 SH DEFINED 1 330,000 Thermo Electron Corp COM 883556102 11,276 200,000 SH DEFINED 2 200,000 Tiffany & Co COM 886547108 5,185 75,000 SH DEFINED 2 75,000 Total Sa-Spon Adr ADR 89151E109 18,914 370,000 SH DEFINED 1 370,000 Transocean Ltd COM H8817H100 4,376 80,000 SH DEFINED 1 80,000 United Technologies Corp COM 913017109 11,612 140,000 SH DEFINED 1,2 140,000 Vale SA-SP ADR ADR 91912E105 1,750 75,000 SH DEFINED 1 75,000 Verizon Communications COM 92343V104 5,161 135,000 SH DEFINED 1 135,000 Vodafone Group Plc COM 92857W209 5,050 182,500 SH DEFINED 1 182,500 Walgreen Co COM 931422109 5,023 150,000 SH DEFINED 1 150,000 Wal Mart Stores Inc COM 931142103 5,508 90,000 SH DEFINED 2 90,000 Wells Fargo & Co COM 949746101 5,292 155,000 SH DEFINED 2 155,000 WESTERN UNTION CO COM 959802109 13,200 750,000 SH DEFINED 1 750,000