13F-HR 1 y89605e13fvhr.txt FORM 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, 2010 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: INTERNATIONAL VALUE ADVISERS, LLC ADDRESS: 645 MADISON AVENUE 12TH FLOOR NEW YORK, NY 10022 212-584-3570 Form 13F File Number: 28-13405 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: MICHAEL MALAFRONTE Title: CEO Phone: 212-584-3570 Signature, Place, and Date of Signing: /s/Michael Malafronte New York, NY FEBRUARY 8, 2011 ------------------------------------- ------------- ---------------------- [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: 0 Form 13F Information Table Entry Total: 39 Form 13F Information Table Value Total: 3,746,425 (thousands) List of Other Included Managers: N/A 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.] None 10 13F Securities at 12/31/10 FORM 13F INFORMATION TABLE
Issuer Name Description Shares Market Value ----------- -------------- ------------- ---------------- Aon Corp COM 4,684,490.00 215,533,384.90 Automatic Data Processing COM 2,236,890.00 103,523,269.20 Berkshire Hathaway Inc.-Cl A CL A 279.00 33,605,550.00 CA Inc. COM 2,137,000.00 52,228,280.00 Cintas COM 627,487.00 17,544,536.52 Contango Oil & Gas COM NEW 1,681,485.00 97,408,426.05 Costco Wholesale Corp COM 1,639,160.00 118,363,743.60 Dell Inc. COM 12,172,280.00 164,934,394.00 Devon Energy Corp New COM 900,214.00 70,675,801.14 Diageo PLC - ADR SPON ADR New 1,033,550.00 76,823,771.50 Gold SPDR Trust GOLD SHS 461,055.00 63,957,549.60 Gold iShares Trust ETF ISHARES 3,025,404.00 42,053,115.60 Hewlett Packard Co. COM 4,446,559.00 187,200,133.90 Ingram Micro Inc CL A 2,037,450.00 38,894,920.50 International Speedway CL A 188,389.00 4,930,140.13 Iron Mountain Inc. COM 3,091,020.00 77,306,410.20 Kelly Services Inc. - Class A CL A 696,255.00 13,089,594.00 Liberty Media Corp - Interactive A INT COM SER A 7,825,909.00 123,414,584.93 Marsh & McLennan Co COM 9,005,051.00 246,198,094.34 Mastercard Inc. Class A CL A 991,091.00 222,113,404.01 Microsoft COM 9,676,080.00 270,059,392.80 Net 1 UEPS Technologies COM NEW 6,012,690.00 73,715,579.40 Nortel Inversora - ADR SPON ADR PFD B 113,554.00 3,396,967.91 SK Telecom-ADR SPONSORED ADR 10,135,340.00 188,821,384.20 Sara Lee Corp. COM 2,842,550.00 49,773,050.50 Sealed Air Corp COM 4,603,638.00 117,162,587.10 Symantec Corp COM 7,071,199.00 118,371,871.26 Telecom Argentina - ADR SPON ADR REP B 198,730.00 4,946,389.70 Telephone & Data Systems COM 886,060.00 32,385,493.00 Telephone & Data Systems Special Shares SPL COM 121,050.00 3,815,496.00 Total SA - Spon ADR SPONSORED ADR 5,320,750.00 284,553,710.00 US Cellular Corp COM 333,056.00 16,632,816.64 Ultra Petroleum Corp COM 1,125,729.00 53,776,074.33 ValueClick Inc. COM 4,366,628.00 69,997,046.84 Vodafone Group - ADR SPONS ADR NEW 2,068,980.00 54,703,831.20 Wal-Mart Stores Inc COM 3,945,290.00 212,769,489.70 Washington Post CL B 371,451.00 163,252,714.50 Yahoo Inc COM 1,726,150.00 28,705,874.50 eBay Inc. COM 926,590.00 25,786,999.70 3,742,425,873.40