UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

Under the Securities Exchange Act of 1934

(Amendment No. _ )*

Grant Prideco, Inc.

(Name of Issuer)

Common Stock

(Title of Class of Securities)

38821G101

(CUSIP Number)

December 31, 2007

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:

[X] Rule 13d-1(b)

[ ] Rule 13d-1(c)

[ ] Rule 13d-1(d)

*The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).


SCHEDULE 13G

CUSIP No. 38821G101

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 1. Names of Reporting Persons. I.R.S. Identification Nos. of above
 persons (entities only).
 Invesco Ltd.
 Invesco National Trust Company
 PowerShares Capital Management LLC
 PowerShares Capital Management Ireland LTD
 AIM Advisors, Inc.
 AIM Capital Management, Inc.
 Invesco Institutional (N.A.), Inc.
 Stein Roe Investment Counsel, Inc.
 AIM Private Asset Management, Inc.
 Invesco Asset Management Limited
 Invesco Management S.A.
--------------------------------------------------------------------------------

 2. Check the Appropriate Box if a Member of a Group (see Instructions)
 (a)
 (b)

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 3. SEC Use Only _______________________________________________

--------------------------------------------------------------------------------

 4. Citizenship or Place of Organization
 Invesco Ltd. - Bermuda
 Invesco National Trust Company - US
 PowerShares Capital Management LLC - US
 PowerShares Capital Management Ireland LTD - Ireland
 AIM Advisors, Inc. - US
 AIM Capital Management, Inc. - US
 Invesco Institutional (N.A.), Inc. - US
 Stein Roe Investment Counsel, Inc. - US
 AIM Private Asset Management, Inc. - US
 Invesco Asset Management Limited - England
 Invesco Management S.A. - Luxembourg

--------------------------------------------------------------------------------

 5. Sole Voting Power 6,766,771: Such shares are held
 by the following entities in the respective amounts
 listed:

 Invesco National Trust Company - 43,316
 PowerShares Capital Management LLC - 221,486
 PowerShares Capital Management Ireland LTD - 16
 AIM Advisors, Inc. - 5,672,954
 AIM Capital Management, Inc. 520,515
 Invesco Institutional (N.A.), Inc. - 167,800
 Stein Roe Investment Counsel, Inc. - 95,125
 AIM Private Asset Management, Inc. - 32,380
 Invesco Asset Management Limited - 8,792
 Invesco Management S.A. - 4,387

Number of Shares -----------------------------------------------------------
Beneficially Owned
by Each Reporting 6. Shared Voting Power -0-
Person With
 -----------------------------------------------------------

 7. Sole Dispositive Power 6,816,070: Such shares are
 held by the following entities in the respective
 amounts listed:

 Invesco National Trust Company - 86,358
 PowerShares Capital Management LLC - 221,486
 PowerShares Capital Management Ireland LTD - 16
 AIM Advisors, Inc. - 5,672,954
 AIM Capital Management, Inc. 520,515
 Invesco Institutional (N.A.), Inc. - 167,800
 Stein Roe Investment Counsel, Inc. - 101,382
 AIM Private Asset Management, Inc. - 32,380
 Invesco Asset Management Limited - 8,792
 Invesco Management S.A. - 4,387

 -----------------------------------------------------------

 8. Shared Dispositive Power -0-

--------------------------------------------------------------------------------

 9. Aggregate Amount Beneficially Owned by Each Reporting Person:
 6,816,070

--------------------------------------------------------------------------------

 10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares
 (See Instructions) N/A

--------------------------------------------------------------------------------

 11. Percent of Class Represented by Amount in Row (9) 5.41%

--------------------------------------------------------------------------------

 12. Type of Reporting Person (See Instructions)
 IA, HC. See Items 2 and 3 of this statement.


SCHEDULE 13G

Item 1(a) Name of Issuer:

Grant Prideco, Inc

Item 1(b) Address of Issuer's Principal Executive Offices:

400 N Sam Houston Parkway East
Suite 900
Houston, TX 77060
United States

Item 2(a) Name of Person Filing:

Invesco Ltd.

In accordance with Securities and Exchange Commission Release No. 34-39538 (January 12, 1998), this statement on Schedule 13G or amendment thereto is being filed by Invesco Ltd. ("Invesco"), a Bermuda Company, on behalf of itself and its subsidiaries listed in Item 4 of the cover of this statement. Invesco through such subsidiaries provides investment management services to institutional and individual investors worldwide.

Executive officers and directors of Invesco or its subsidiaries may beneficially own shares of the securities of the issuer to which this statement relates (the "Shares"), and such Shares are not reported in this statement. Invesco and its subsidiaries disclaim beneficial ownership of Shares beneficially owned by any of their executive officers and directors. Each of Invesco's direct and indirect subsidiaries also disclaim beneficial ownership of Shares beneficially owned by Invesco and any other subsidiary.

Item 2(b) Address of Principal Business Office:

1360 Peachtree Street NE
Atlanta, GA 30309

United States

Item 2(c) Citizenship:

See the response to Item 2(a) of this statement.

Item 2(d) Title of Class of Securities:

Common Stock, $.01 par value per share

Item 2(e) CUSIP Number:

38821G101

Item 3 If this statement is filed pursuant to ss240.13d-1(b) or
240.13d-2(b) or (c), check whether the person filing is a:

(e) [x] An investment adviser in accordance with section 240.13d-1(b)
(1)(ii)(E)

(g) [x] A parent holding company or control person in accordance with section 240.13d-1(b)(1)(ii)(G)

As noted in Item 2 above, Invesco is making this filing on behalf of its subsidiaries listed herein. Each of these entities is either an investment adviser registered with the United States Securities and Exchange Commission under Section 203 of the Investment Advisers Act of 1940, as amended, or under similar laws of other jurisdictions. Invesco is a holding company.


Item 4 Ownership:

Please see responses to Items 5-8 on the cover of this statement, which are incorporated herein by reference.

Item 5 Ownership of Five Percent or Less of a Class:

If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following

[ ]

Item 6 Ownership of More than Five Percent on Behalf of Another
Person:

N/A

Item 7 Identification and Classification of the Subsidiary Which
Acquired the Security Being reported on By the Parent Holding Company:

Please see Item 3 of this statement, which is incorporated herein by reference.

Item 8 Identification and Classification of Members of the Group:

N/A

Item 9 Notice of Dissolution of a Group:

N/A

Item 10 Certification:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

Signature:

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

02/09/2008

Date

Invesco Ltd.

By: /s/ Lisa Brinkley
 -------------------------------
Lisa Brinkley
Global Compliance Director

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