-----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, OY3mQb+yp5BMoqqOPMfxwVCF1JiLLxjm9dF4e7s0UmecaqFnZoB2pZGD7HQvW/WT GBIwFWkThXZ7fVJf0QvIKg== 0001047469-05-003729.txt : 20050214 0001047469-05-003729.hdr.sgml : 20050214 20050214160456 ACCESSION NUMBER: 0001047469-05-003729 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20041231 FILED AS OF DATE: 20050214 DATE AS OF CHANGE: 20050214 EFFECTIVENESS DATE: 20050214 FILER: COMPANY DATA: COMPANY CONFORMED NAME: WHITE MOUNTAINS ADVISORS LLC CENTRAL INDEX KEY: 0001253840 IRS NUMBER: 046140276 STATE OF INCORPORATION: DE FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-10494 FILM NUMBER: 05610081 BUSINESS ADDRESS: STREET 1: 370 CHURCH STREET CITY: GUILFORD STATE: CT ZIP: 06437 13F-HR 1 a2151930z13f-hr.txt 13F-HR UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 13F FORM 13F COVER PAGE Report for the Calendar Year or Quarter Ended: December 31, 2004. ----------------------- 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: White Mountains Advisors LLC ------------------------------- Address: 370 Church Street ------------------------------- Guilford, CT 06437 ------------------------------- Form 13F File Number: 028-00470 -------------------------- 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: Mark Plourde ------------------------------- Title: Chief Financial Officer ------------------------------- Phone: (203) 458-5805 ------------------------------- Signature, Place, and Date of Signing: /s/ Maribel C. Friend Guilford, Connecticut February 14, 2005 - ------------------------------- ----------------------- ------------------- [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: [If there are no entries in this list, omit this section.] Form 13F File Number Name 028-01681 White Mountains Insurance Group, Ltd. --------------- --------------------------------------- [Repeat as necessary.] FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 1 -------------------- Form 13F Information Table Entry Total: 119 -------------------- Form 13F Information Table Value Total: 1,212,590,596 -------------------- (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. [If there are no entries in this list, state "NONE" and omit the column headings and list entries.] No. Form 13F File Number Name 1. 028-01681 White Mountains Insurance Group, Ltd. ----- ----------------- ------------------------------------- [Repeat as necessary.] FORM 13F INFORMATION TABLE WHITE MOUNTAINS ADVISORS, LLC White Mountains Advisors, LLC FORM 13F Information Table - December 31, 2004
AMOUNT AND TITLE CUSIP MARKET TYPE OF INVESTMENT VOTING AUTHORITY NAME OF ISSUER OF CLASS NUMBER VALUE SECURITY DISCRETION MANAGERS SOLE SHARED NONE - ------------------------- ------------- --------- -------- ----------- ---------- ------------ ---- ------ -------- ABITIBI-CONSOLIDATED INC COM 003924107 3,480,760 503,000 DEFINED 1 503,000 ABITIBI-CONSOLIDATED INC COM 003924107 6,781,600 980,000 DEFINED 1, 2 980,000 ALLEGHENY ENERGY INC COM 017361106 2,463,750 125,000 DEFINED 1, 2 125,000 AMERADA HESS CORP COM 023551104 25,949,700 315,000 DEFINED 1 315,000 AMERADA HESS CORP COM 023551104 36,247,200 440,000 DEFINED 1, 2 440,000 ANHEUSER BUSCH COS INC COM 035229103 5,073,000 100,000 DEFINED 1, 2 100,000 AQUILA INC COM 03840P102 671,580 182,000 DEFINED 1 182,000 AQUILA INC COM 03840P102 933,570 253,000 DEFINED 1, 2 253,000 ARCHER DANIELS MIDLAND CO COM 039483102 9,147,100 410,000 DEFINED 1 410,000 ARCHER DANIELS MIDLAND CO COM 039483102 12,716,700 570,000 DEFINED 1, 2 570,000 AUTOMATIC DATA PROCESSING IN COM 053015103 4,612,400 104,000 DEFINED 1 104,000 AUTOMATIC DATA PROCESSING IN COM 053015103 22,618,500 510,000 DEFINED 1, 2 510,000 BERKSHIRE HATHAWAY INC DEL COM CL A 084670108 7,647,300 87 DEFINED 1 87 BERKSHIRE HATHAWAY INC DEL COM CL B 084670207 3,405,760 1,160 DEFINED 1 1,160 BERKSHIRE HATHAWAY INC DEL COM CL B 084670207 10,716,400 3,650 DEFINED 1, 2 3,650 CALLAWAY GOLF CO COM 131193104 2,389,500 177,000 DEFINED 1 177,000 CALLAWAY GOLF CO COM 131193104 2,970,000 220,000 DEFINED 1, 2 220,000 CAPITOL FED FINL COM 14057C106 6,336,000 176,000 DEFINED 1 176,000 CAPITOL FED FINL COM 14057C106 8,496,000 236,000 DEFINED 1, 2 236,000 CENTRAL PAC FINL CORP COM 154760102 434,040 12,000 DEFINED 1, 2 12,000 CHARTER FINL CORP WEST PT GA COM 16122M100 4,525,020 103,500 DEFINED 1 103,500 CHARTER FINL CORP WEST PT GA COM 16122M100 5,814,760 133,000 DEFINED 1, 2 133,000 CLOROX CO DEL COM 189054109 589,300 10,000 DEFINED 1, 2 10,000 COMPASS MINERALS INTL INC COM 20451N101 436,140 18,000 DEFINED 1, 2 18,000 DELTIC TIMBER CORP COM 247850100 2,547,000 60,000 DEFINED 1, 2 60,000 DIAGEO P L C SPON ADR 25243Q205 2,025,800 35,000 DEFINED 1, 2 35,000 DIAMOND OFFSHORE DRILLING IN DBCV 1.500% 4/1 25271CAE2 2,332,000 2,200,000 DEFINED 1 2,200,000 DIAMOND OFFSHORE DRILLING IN DBCV 1.500% 4/1 25271CAE2 2,968,000 2,800,000 DEFINED 1, 2 2,800,000 DIAMOND OFFSHORE DRILLING I COM 25271C102 5,006,250 125,000 DEFINED 1 125,000 DIAMOND OFFSHORE DRILLING I COM 25271C102 6,608,250 165,000 DEFINED 1, 2 165,000 EASTMAN CHEM CO COM 277432100 4,849,320 84,000 DEFINED 1 84,000 EASTMAN CHEM CO COM 277432100 6,754,410 117,000 DEFINED 1, 2 117,000 EL PASO ELEC CO COM 283677854 17,140,700 905,000 DEFINED 1 905,000 EL PASO ELEC CO COM 283677854 26,042,500 1,375,000 DEFINED 1, 2 1,375,000 EQUITY OFFICE PROPERTIES TRU PFD CV B 5.25% 294741509 1,765,020 34,500 DEFINED 1 34,500 EQUITY OFFICE PROPERTIES TRU PFD CV B 5.25% 294741509 2,148,720 42,000 DEFINED 1, 2 42,000 FAIRMONT HOTELS RESORTS INC COM 305204109 5,282,600 152,500 DEFINED 1 152,500 FAIRMONT HOTELS RESORTS INC COM 305204109 7,274,400 210,000 DEFINED 1, 2 210,000 FAIRMONT HOTELS RESORTS INC NOTE 3.750%12/0 305204AB5 5,919,375 5,250,000 DEFINED 1 5,250,000 FAIRMONT HOTELS RESORTS INC NOTE 3.750%12/0 305204AB5 7,892,500 7,000,000 DEFINED 1, 2 7,000,000 FEDERATED INVS INC PA CL B 314211103 1,988,160 65,400 DEFINED 1, 2 65,400 FIRST DATA CORP COM 319963104 170,160 4,000 DEFINED 1 4,000 FIRST DATA CORP COM 319963104 8,508,000 200,000 DEFINED 1, 2 200,000 FIRST ENERGY CORP COM 337932107 7,743,960 196,000 DEFINED 1 196,000 FIRST ENERGY CORP COM 337932107 11,853,000 300,000 DEFINED 1, 2 300,000
WHITE MOUNTAINS ADVISORS, LLC White Mountains Advisors, LLC FORM 13F Information Table - December 31, 2004
AMOUNT AND TITLE CUSIP MARKET TYPE OF INVESTMENT VOTING AUTHORITY NAME OF ISSUER OF CLASS NUMBER VALUE SECURITY DISCRETION MANAGERS SOLE SHARED NONE - ------------------------- ------------- --------- -------- ----------- ---------- ------------ ---- ------ -------- FORTUNE BRANDS INC COM 349631101 2,624,120 34,000 DEFINED 1 34,000 FORTUNE BRANDS INC COM 349631101 4,630,800 60,000 DEFINED 1, 2 60,000 GREAT LAKES CHEM CORP COM 390568103 18,233,600 640,000 DEFINED 1 640,000 GREAT LAKES CHEM CORP COM 390568103 24,928,750 875,000 DEFINED 1, 2 875,000 IDACORP INC COM 451107106 382,125 12,500 DEFINED 1 12,500 IDACORP INC COM 451107106 641,970 21,000 DEFINED 1, 2 21,000 INCO LTD DBCV 1.000% 3/1 453258AT2 13,075,000 10,000,000 DEFINED 1 10,000,000 INCO LTD DBCV 1.000% 3/1 453258AT2 17,259,000 13,200,000 DEFINED 1, 2 13,200,000 KERR-MCGEE CORP SDCV 5.250% 2/1 492386AP2 14,875,438 14,050,000 DEFINED 1 14,050,000 KERR-MCGEE CORP SDCV 5.250% 2/1 492386AP2 19,481,000 18,400,000 DEFINED 1, 2 18,400,000 LEHMAN BROS HLDGS INC COM 524908100 3,499,200 40,000 DEFINED 1, 2 40,000 LEUCADIA NATL CORP COM 527288104 17,536,683 252,399 DEFINED 1, 2 252,399 LIBERTY PPTY TR SH BEN INT 531172104 432,000 10,000 DEFINED 1 10,000 LOEWS CORP NOTE 3.125% 9/1 540424AL2 12,281,250 12,500,000 DEFINED 1 12,500,000 LOEWS CORP NOTE 3.125% 9/1 540424AL2 15,228,750 15,500,000 DEFINED 1, 2 15,500,000 LONGVIEW FIBRE CO COM 543213102 6,965,760 384,000 DEFINED 1 384,000 LONGVIEW FIBRE CO COM 543213102 13,695,700 755,000 DEFINED 1, 2 755,000 MANULIFE FINL CORP COM 56501R106 3,234,000 70,000 DEFINED 1, 2 70,000 MARATHON OIL CORP COM 565849106 25,424,360 676,000 DEFINED 1 676,000 MARATHON OIL CORP COM 565849106 36,481,700 970,000 DEFINED 1, 2 970,000 MCDONALDS CORP COM 580135101 3,590,720 112,000 DEFINED 1 112,000 MCDONALDS CORP COM 580135101 5,289,900 165,000 DEFINED 1, 2 165,000 MEREDETH CORP COM 589433101 14,796,600 273,000 DEFINED 1 273,000 MEREDETH CORP COM 589433101 19,512,000 360,000 DEFINED 1, 2 360,000 MONTPELIER RE HOLDINGS LTD SHS G62185106 242,470,545 6,306,126 DEFINED 1, 2 6,306,126 NEW YORK TIMES CO COM CL A 650111107 2,284,800 56,000 DEFINED 1 56,000 NEW YORK TIMES CO COM CL A 650111107 3,549,600 87,000 DEFINED 1, 2 87,000 NORTHGATE MINERALS CORP COM 666416102 394,400 232,000 DEFINED 1 232,000 NORTHGATE MINERALS CORP COM 666416102 544,000 320,000 DEFINED 1, 2 320,000 NRG ENERGY INC COM 629377508 6,579,125 182,500 DEFINED 1 182,500 NRG ENERGY INC COM 629377508 9,192,750 255,000 DEFINED 1, 2 255,000 OCTEL CORP COM 675727101 9,759,890 469,000 DEFINED 1 469,000 OCTEL CORP COM 675727101 17,813,360 856,000 DEFINED 1, 2 856,000 OHIO CAS CORP NOTE 5.000% 3/1 677240AC7 853,000 800,000 DEFINED 1 800,000 OHIO CAS CORP NOTE 5.000% 3/1 677240AC7 1,812,625 1,700,000 DEFINED 1, 2 1,700,000 PEOPLES BK BRIDGEPORT CONN COM 710198102 2,741,745 70,500 DEFINED 1 70,500 PEOPLES BK BRIDGEPORT CONN COM 710198102 4,083,450 105,000 DEFINED 1, 2 105,000 PFIZER INC COM 717081103 268,900 10,000 DEFINED 1 10,000 POPE RES DEL LTD PARTNERSHIP COM 732857107 385,000 15,400 DEFINED 1, 2 15,400 POTLATCH CORP COM 737628107 9,509,040 188,000 DEFINED 1 188,000 POTLATCH CORP COM 737628107 16,438,500 325,000 DEFINED 1, 2 325,000 PRIDE INTL INC DEL NOTE 3.250% 5/0 74153QAD4 1,192,125 1,100,000 DEFINED 1 1,100,000 PRIDE INTL INC DEL NOTE 3.250% 5/0 74153QAD4 1,517,250 1,400,000 DEFINED 1, 2 1,400,000 PRUDENTIAL FINL INC COM 744320102 4,671,600 85,000 DEFINED 1, 2 85,000 ROYAL DUTCH PETE CO NY REG EUR .56 780257804 3,821,508 66,600 DEFINED 1 66,600
WHITE MOUNTAINS ADVISORS, LLC White Mountains Advisors, LLC FORM 13F Information Table - December 31, 2004
AMOUNT AND TITLE CUSIP MARKET TYPE OF INVESTMENT VOTING AUTHORITY NAME OF ISSUER OF CLASS NUMBER VALUE SECURITY DISCRETION MANAGERS SOLE SHARED NONE - ------------------------- ------------- --------- -------- ----------- ---------- ------------ ---- ------ -------- ROYAL DUTCH PETE CO NY REG EUR .56 780257804 5,049,440 88,000 DEFINED 1, 2 88,000 RYDER SYS INC COM 783549108 6,210,100 130,000 DEFINED 1 130,000 RYDER SYS INC COM 783549108 10,270,550 215,000 DEFINED 1, 2 215,000 SCHLUMBERGER LTD DBCV 1.500% 6/0 806857AC2 9,198,000 8,400,000 DEFINED 1 8,400,000 SCHLUMBERGER LTD DBCV 1.500% 6/0 806857AC2 12,154,500 11,100,000 DEFINED 1, 2 11,100,000 SEMCO ENERGY INC COM 78412D109 534,000 100,000 DEFINED 1 100,000 SEMCO ENERGY INC COM 78412D109 640,800 120,000 DEFINED 1, 2 120,000 SIERRA PAC RES COM 826428104 8,557,500 815,000 DEFINED 1 815,000 SIERRA PAC RES COM 826428104 7,245,000 690,000 DEFINED 1, 2 690,000 SIERRA PAC RES NOTE 7.250% 2/1 826428AF1 4,728,625 1,900,000 DEFINED 1 1,900,000 SIERRA PAC RES NOTE 7.250% 2/1 826428AF1 12,443,750 5,000,000 DEFINED 1, 2 5,000,000 SIMON PPTY GROUP INC PFD CONV I 6% 828806802 710,640 12,000 DEFINED 1 12,000 SIMON PPTY GROUP INC PFD CONV I 6% 828806802 769,860 13,000 DEFINED 1, 2 13,000 ST PAUL TRAVELERS INC COM 792860108 370,700 10,000 DEFINED 1 10,000 TECO ENERGY INC COM 872375100 1,795,950 117,000 DEFINED 1 117,000 TECO ENERGY INC COM 872375100 2,609,500 170,000 DEFINED 1, 2 170,000 TEXAS INSTRS INC COM 882508104 369,300 15,000 DEFINED 1 15,000 TIMBERLAND BANCORP INC COM 887098101 502,700 22,000 DEFINED 1, 2 22,000 TRIZEC HAHN CORP DEB 3.000% 1/2 896938AB3 19,145,500 23,600,000 DEFINED 1 23,600,000 TRIZEC HAHN CORP DEB 3.000% 1/2 896938AB3 25,270,438 31,150,000 DEFINED 1, 2 31,150,000 UNIONBANCAL CORP COM 908906100 1,934,400 30,000 DEFINED 1, 2 30,000 UNISOURCE ENERGY CORP COM 909205106 25,315,500 1,050,000 DEFINED 1 1,050,000 UNISOURCE ENERGY CORP COM 909205106 29,293,650 1,215,000 DEFINED 1, 2 1,215,000 UNOCAL CORP COM 915289102 22,398,320 518,000 DEFINED 1 518,000 UNOCAL CORP COM 915289102 30,138,280 697,000 DEFINED 1, 2 697,000 USF&G CORP NOTE 3/0 903290AD6 5,288,000 6,400,000 DEFINED 1 6,400,000 USF&G CORP NOTE 3/0 903290AD6 7,105,750 8,600,000 DEFINED 1, 2 8,600,000 XCEL ENERGY INC COM 98389B100 2,184,000 120,000 DEFINED 1 120,000 XCEL ENERGY INC COM 98389B100 5,096,000 280,000 DEFINED 1, 2 280,000
1 White Mountains Advisors 2 White Mountains Insurance Group -----END PRIVACY-ENHANCED MESSAGE-----