-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, UkZgu3zf24tbcT7zwIVpLuYuJBg/Fv1Ex4PWr5nwr8v8SD9Xu/6IemlP6xBgO5Pd SdwZxYsinVUG+rej3SRTHQ== 0000927016-01-000777.txt : 20010223 0000927016-01-000777.hdr.sgml : 20010223 ACCESSION NUMBER: 0000927016-01-000777 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20010214 GROUP MEMBERS: HIGHFIELD CAPITAL MANAGEMENT LP GROUP MEMBERS: HIGHFIELDS CAPITAL LTD GROUP MEMBERS: HIGHFIELDS CAPITAL MANAGEMENT LP GROUP MEMBERS: HIGHFIELDS GP LLC GROUP MEMBERS: JONATHON S JACOBSON GROUP MEMBERS: RICHARD L GRUBMAN SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: WADDELL & REED FINANCIAL INC CENTRAL INDEX KEY: 0001052100 STANDARD INDUSTRIAL CLASSIFICATION: SECURITY BROKERS, DEALERS & FLOTATION COMPANIES [6211] IRS NUMBER: 510261715 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: SEC FILE NUMBER: 005-54561 FILM NUMBER: 1538984 BUSINESS ADDRESS: STREET 1: 6300 LAMAR AVE STREET 2: P O BOX 29217 CITY: OVERLAND PARK STATE: KS ZIP: 66202-4200 BUSINESS PHONE: 9132362000 MAIL ADDRESS: STREET 1: P O BOX 29217 STREET 2: 6300 LAMAR AVE CITY: OVERLAND PARK STATE: KS ZIP: 66202-4200 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: HIGHFIELDS CAPITAL MANAGEMENT LP CENTRAL INDEX KEY: 0001079563 STANDARD INDUSTRIAL CLASSIFICATION: [] STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 200 CLARENDON STREET 51ST FLOOR CITY: BOSTON STATE: MA ZIP: 02117 BUSINESS PHONE: 6178507500 SC 13G/A 1 0001.txt SCHEDULE 13G/A SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 __________ SCHEDULE 13G (Amendment No. 2) INFORMATION STATEMENT PURSUANT TO RULES 13d-1 and 13d-2 UNDER THE SECURITIES EXCHANGE ACT OF 1934 Waddell & Reed Financial, Inc. - ------------------------------------------------------------------------------- (Name of Issuer) Class B Common Stock, Par Value $.01 Per Share - ------------------------------------------------------------------------------- (Title of Class of Securities) 930059209 ----------------------------------------------------------------------- (CUSIP Number) - -------------------------- ---------------------- CUSIP No. 930059209 13G/A Page 2 of 12 Pages - -------------------------- ---------------------- - ------------------------------------------------------------------------------ NAME OF REPORTING PERSON 1. S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Highfields Capital Management LP - ------------------------------------------------------------------------------ CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP 2. (a) [_] (b) [_] - ------------------------------------------------------------------------------ SEC USE ONLY 3. - ------------------------------------------------------------------------------ CITIZENSHIP OR PLACE OF ORGANIZATION 4. Delaware - ------------------------------------------------------------------------------ SOLE VOTING POWER 5. NUMBER OF 3,973,413 SHARES ----------------------------------------------------------- SHARED VOTING POWER BENEFICIALLY 6. OWNED BY --0-- ----------------------------------------------------------- EACH SOLE DISPOSITIVE POWER 7. REPORTING 3,973,413 PERSON ----------------------------------------------------------- SHARED DISPOSITIVE POWER WITH 8. --0-- - ------------------------------------------------------------------------------ AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 9. 3,973,413 - ------------------------------------------------------------------------------ CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES 10. [_] - ------------------------------------------------------------------------------ PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 11. 9.9% - ------------------------------------------------------------------------------ TYPE OF REPORTING PERSON 12. PN - ------------------------------------------------------------------------------ - -------------------------- ---------------------- CUSIP No. 930059209 13G/A Page 3 of 12 Pages - -------------------------- ---------------------- - ------------------------------------------------------------------------------ NAME OF REPORTING PERSON 1. S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Highfields GP LLC - ------------------------------------------------------------------------------ CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP 2. (a) [_] (b) [_] - ------------------------------------------------------------------------------ SEC USE ONLY 3. - ------------------------------------------------------------------------------ CITIZENSHIP OR PLACE OF ORGANIZATION 4. Delaware - ------------------------------------------------------------------------------ SOLE VOTING POWER 5. NUMBER OF 3,973,413 SHARES ----------------------------------------------------------- SHARED VOTING POWER BENEFICIALLY 6. OWNED BY --0-- ----------------------------------------------------------- EACH SOLE DISPOSITIVE POWER 7. REPORTING 3,973,413 PERSON ----------------------------------------------------------- SHARED DISPOSITIVE POWER WITH 8. --0-- - ------------------------------------------------------------------------------ AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 9. 3,973,413 - ------------------------------------------------------------------------------ CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES 10. [_] - ------------------------------------------------------------------------------ PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 11. 9.9% - ------------------------------------------------------------------------------ TYPE OF REPORTING PERSON 12. OO - ------------------------------------------------------------------------------ - -------------------------- ---------------------- CUSIP No. 930059209 13G/A Page 4 of 12 Pages - -------------------------- ---------------------- - ------------------------------------------------------------------------------ NAME OF REPORTING PERSON 1. S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Jonathon S. Jacobson - ------------------------------------------------------------------------------ CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP 2. (a) [_] (b) [_] - ------------------------------------------------------------------------------ SEC USE ONLY 3. - ------------------------------------------------------------------------------ CITIZENSHIP OR PLACE OF ORGANIZATION 4. United States - ------------------------------------------------------------------------------ SOLE VOTING POWER 5. NUMBER OF 3,973,413 SHARES ----------------------------------------------------------- SHARED VOTING POWER BENEFICIALLY 6. OWNED BY --0-- ----------------------------------------------------------- EACH SOLE DISPOSITIVE POWER 7. REPORTING 3,973,413 PERSON ----------------------------------------------------------- SHARED DISPOSITIVE POWER WITH 8. --0-- - ------------------------------------------------------------------------------ AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 9. 3,973,413 - ------------------------------------------------------------------------------ CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES 10. [_] - ------------------------------------------------------------------------------ PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 11. 9.9% - ------------------------------------------------------------------------------ TYPE OF REPORTING PERSON 12. IN - ------------------------------------------------------------------------------ - -------------------------- ---------------------- CUSIP No. 930059209 13G/A Page 5 of 12 Pages - -------------------------- ---------------------- - ------------------------------------------------------------------------------ NAME OF REPORTING PERSON 1. S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Richard L. Grubman - ------------------------------------------------------------------------------ CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP 2. (a) [_] (b) [_] - ------------------------------------------------------------------------------ SEC USE ONLY 3. - ------------------------------------------------------------------------------ CITIZENSHIP OR PLACE OF ORGANIZATION 4. United States - ------------------------------------------------------------------------------ SOLE VOTING POWER 5. NUMBER OF 3,973,413 SHARES ----------------------------------------------------------- SHARED VOTING POWER BENEFICIALLY 6. OWNED BY --0-- ----------------------------------------------------------- EACH SOLE DISPOSITIVE POWER 7. REPORTING 3,973,413 PERSON ----------------------------------------------------------- SHARED DISPOSITIVE POWER WITH 8. --0-- - ------------------------------------------------------------------------------ AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 9. 3,973,413 - ------------------------------------------------------------------------------ CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES 10. [_] - ------------------------------------------------------------------------------ PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 11. 9.9% - ------------------------------------------------------------------------------ TYPE OF REPORTING PERSON 12. IN - ------------------------------------------------------------------------------ - -------------------------- ---------------------- CUSIP No. 930059209 13G/A Page 6 of 12 Pages - -------------------------- ---------------------- - ------------------------------------------------------------------------------ NAME OF REPORTING PERSON 1. S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Highfields Capital Ltd. - ------------------------------------------------------------------------------ CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP 2. (a) [_] (b) [_] - ------------------------------------------------------------------------------ SEC USE ONLY 3. - ------------------------------------------------------------------------------ CITIZENSHIP OR PLACE OF ORGANIZATION 4. Cayman Islands - ------------------------------------------------------------------------------ SOLE VOTING POWER 5. NUMBER OF 2,768,397 SHARES ----------------------------------------------------------- SHARED VOTING POWER BENEFICIALLY 6. OWNED BY --0-- ----------------------------------------------------------- EACH SOLE DISPOSITIVE POWER 7. REPORTING 2,768,397 PERSON ----------------------------------------------------------- SHARED DISPOSITIVE POWER WITH 8. --0-- - ------------------------------------------------------------------------------ AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 9. 2,768,397 - ------------------------------------------------------------------------------ CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES 10. [_] - ------------------------------------------------------------------------------ PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 11. 6.9% - ------------------------------------------------------------------------------ TYPE OF REPORTING PERSON 12. OO - ------------------------------------------------------------------------------ - ----------------------------- ---------------------- CUSIP No. 930059209 13G/A Page 7 of 12 Pages - ----------------------------- ---------------------- Item 1(a). Name of Issuer: Waddell & Reed Financial, Inc --------------------------------------------------------- Item 1(b). Address of Issuer's Principal Executive Offices: 6300 Lamar Avenue, Overland Park, Kansas 66202 --------------------------------------------------------- Item 2(a). Name of Person Filing: This statement is being filed by the following persons with respect to the shares of Class B common stock of the Issuer ("common stock") directly owned by Highfields Capital I LP, Highfields Capital II LP and Highfields Capital Ltd. (collectively, the "Funds"): (i) Highfields Capital Management LP, a Delaware limited partnership ("Highfields Capital Management") and Investment Manager to each of the Funds, (ii) Highfields GP LLC, a Delaware limited liability company ("Highfields GP") and the General Partner of Highfields Capital Management, (iii) Jonathon S. Jacobson, a Managing Member of Highfields GP, and (iv) Richard L. Grubman, a Managing Member of Highfields GP. This statement is also being filed by Highfields Capital Ltd., an exempted limited company organized under the laws of the Cayman Islands, with respect to the shares of common stock of the Issuer owned by Highfields Capital Ltd. (which shares are also included in the filings for Highfields Capital Management, Highfields GP, Jonathon S. Jacobson and Richard L. Grubman). Highfields Capital Management, Highfields GP, Mr. Jacobson, Mr. Grubman and Highfields Capital Ltd. are sometimes individually referred to herein as a "Reporting Person" and collectively as the "Reporting Persons." Item 2(b). Address of Principal Business Office or, if None, Residence: Address for Highfields Capital Management, Highfields GP, Mr. Jacobson and Mr. Grubman: c/o Highfields Capital Management 200 Clarendon Street Boston, Massachusetts 02117 ----------------------------------------------------------------- - ----------------------------- ---------------------- CUSIP No. 930059209 13G/A Page 8 of 12 Pages - ----------------------------- ---------------------- Address for Highfields Capital Ltd.: c/o Goldman Sachs (Cayman) Trust, Limited Harbour Centre, North Church Street P.O. Box 896 George Town, Grand Cayman Cayman Islands ------------------------------------------------------------- Item 2(c). Citizenship: Highfields Capital Management - Delaware Highfields GP - Delaware Jonathon S. Jacobson - United States Richard L. Grubman - United States Highfields Capital Ltd. - Cayman Islands ------------------------------------------------------------- Item 2(d). Title of Class of Securities: Class B Common Stock, par value $.01 per share ------------------------------------------------------------- Item 2(e). CUSIP Number: 930059209 ------------------------------------------------------------- Item 3. If this statement is filed pursuant to Rules 13d-1(b), or 13d-2(b), check whether the person filing is a: (a) [_] Broker or dealer registered under Section 15 of the Exchange Act. (b) [_] Bank as defined in Section 3(a)(6) of the Exchange Act. (c) [_] Insurance company as defined in Section 3(a)(19) of the Exchange Act. (d) [_] Investment company registered under Section 8 of the Investment Company Act. (e) [_] An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E); (f) [_] An employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F); (g) [_] A parent holding company or control person in accordance with Rule 13d-1(b)(1)(ii)(G); - ----------------------------- ---------------------- CUSIP No. 930059209 13G/A Page 9 of 12 Pages - ----------------------------- ---------------------- (h) [_] A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act; (i) [_] A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act; (j) [_] Group, in accordance with Rule 13d-1(b)(1)(ii)(J). If this statement is filed pursuant to Rule 13d-1(c), check this box. [X] Item 4. Ownership. Provide the following information regarding the aggregate number of and percentage of the class of securities of the Issuer identified in Item 1. For Highfields Capital Management, Highfields GP, Mr. Jacobson and Mr. Grubman: (a) Amount beneficially owned: 3,973,413 shares of Common Stock. --------------------------------- (b) Percent of class: 9.9% ---- (c) Number of shares as to which such person has: (i) Sole power to vote or to direct the vote 3,973,413 --------- (ii) Shared power to vote or to direct the vote --0-- ----- (iii) Sole power to dispose or to direct the disposition of 3,973,413 ---------- (iv) Shared power to dispose or to direct the disposition of --0-- ----- For Highfields Capital Ltd.: (a) Amount beneficially owned: 2,768,397 shares of Common Stock. --------------------------------- (b) Percent of class: 6.9% ---- - ----------------------------- ----------------------- CUSIP No. 930059209 13G/A Page 10 of 12 Pages - ----------------------------- ----------------------- (c) Number of shares as to which such person has: (i) Sole power to vote or to direct the vote 2,768,397 --------- (ii) Shared power to vote or to direct the vote --0-- ----- (iii) Sole power to dispose or to direct the disposition of 2,768,397 --------- (iv) Shared power to dispose or to direct the disposition of --0-- ----- Item 5. Ownership of Five Percent or Less of a Class. Not applicable. Item 6. Ownership of More than Five Percent on Behalf of Another Person. The shares to which this filing relates are directly owned by the Funds. Each of the Reporting Persons has the power to direct the dividends from or the proceeds of the sale of the shares owned by such Funds. Highfields Capital Management serves as the Investment Manager to each of the Funds. Highfields Capital Ltd., a reporting person herein, owns directly 6.9% of the shares of common stock of the Issuer; however, neither Highfields Capital I LP nor Highfields Capital II LP individually own more than five percent of the shares of common stock of the Issuer. Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company. Not applicable. Item 8. Identification and Classification of Members of the Group. Not applicable. Item 9. Notice of Dissolution of Group. Not applicable. Item 10. Certification. By signing below I certify that, to the best of my knowledge and belief, the securities referred to above 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. - ----------------------------- ----------------------- CUSIP No. 930059209 13G/A Page 11 of 12 Pages - ----------------------------- ----------------------- 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. February 14, 2001 ----------------- Date HIGHFIELDS CAPITAL MANAGEMENT LP By: Highfields GP LLC, its General Partner /s/ KENNETH H. COLBURN ------------------------------------------ Signature Kenneth H. Colburn, Authorized Signatory ------------------------------------------ Name/Title HIGHFIELDS GP LLC /s/ KENNETH H. COLBURN ------------------------------------------ Signature Kenneth H. Colburn, Authorized Signatory ------------------------------------------ Name/Title JONATHON S. JACOBSON /s/ KENNETH H. COLBURN ------------------------------------------ Signature Kenneth H. Colburn, Attorney-in-Fact ------------------------------------------ Name/Title RICHARD L. GRUBMAN /s/ KENNETH H. COLBURN ------------------------------------------ Signature Kenneth H. Colburn, Attorney-in-Fact ------------------------------------------ Name/Title - ----------------------------- ----------------------- CUSIP No. 930059209 13G/A Page 12 of 12 Pages - ----------------------------- ----------------------- HIGHFIELDS CAPITAL LTD. By: Highfields Capital Management LP, its Investment Manager By: Highfields GP LLC, its General Partner /s/ KENNETH H. COLBURN ------------------------------------------ Signature Kenneth H. Colburn, Authorized Signatory ------------------------------------------ Name/Title -----END PRIVACY-ENHANCED MESSAGE-----