13F-HR 1 d13fhr.txt ACCOUNT MANAGEMENT, LLC UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F INFORMATION REQUIRED OF INSTITUTIONAL INVESTMENT MANAGERS PURSUANT TO SECTION 13(f) OF THE SECURITIES EXCHANGE ACT OF 1934 AND RULES THEREUNDER Report for the Calendar Year or Quarter Ended: June 30, 2003 ----------------- Check here if Amendment [ ]; Amendment Number: ----------------- This Amendment (Check only one.): [X] is a restatement. [ ] adds new holdings entries. Institutional Investment Manager Filing this Report: Name: ACCOUNT MANAGEMENT, LLC --------------------------------------------- Address: 17 Arlington Street --------------------------------------------- Boston, MA 02116 --------------------------------------------- --------------------------------------------- Form 13F File Number: 28-01363 ----------------- 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: Richard C. Albright --------------------------------------------- Title: Principal --------------------------------------------- Phone: 617/236-4200 --------------------------------------------- Signature, Place, and Date of Signing: /s/ Richard C. Albright Boston, MA 8/15/03 ------------------------ ----------------------------- -------------- [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 28- ------------------ ------------------------ [Repeat as necessary.]
-------------------------------- (SEC USE ONLY) -------------------------------- Page 1 of 5 FORM 13F Name of Reporting Manager Account Management, LLC ------------------------------------------------------------------------------------------------------------------------------------ Item 6: Item 8: Investment Discretion Voting Authority (Shares) ---------------------------------- ----------------------------- Item 1: Item 2: Item 3: Item 4: Item 5: Item 7: Name of Issuer Title CUSIP Fair Shares or (a) Sole (b) Shared- (c) Shared- Managers (a) Sole (b) Shared (c) None of Class Number Market Principal As Defined Other See Value Amount in Instr. V Instr. V ------------------------------------------------------------------------------------------------------------------------------------ Maxim Integrated Products Common 57772K101 75,197,354 2,205,201 2,205,201 2,205,201 Stock ------------------------------------------------------------------------------------------------------------------------------------ Corporate Executive Board Common 21988R102 16,552,510 405,500 405,500 405,500 Stock ------------------------------------------------------------------------------------------------------------------------------------ IDT Corp. Common 448947101 32,596,960 1,852,100 1,852,100 1,852,100 Stock ------------------------------------------------------------------------------------------------------------------------------------ IDT Corp., Class B Common 448947309 327,570 18,300 18,300 18,300 Stock ------------------------------------------------------------------------------------------------------------------------------------ Supertex Inc. Common 868532102 14,971,027 816,750 816,750 816,750 Stock ------------------------------------------------------------------------------------------------------------------------------------ Costar Group Common 22160N109 6,683,936 225,200 225,200 225,200 Stock ------------------------------------------------------------------------------------------------------------------------------------ Credit Acceptance Corp. Common 225310101 9,786,238 839,300 839,300 839,300 Stock ------------------------------------------------------------------------------------------------------------------------------------ Lionbridge Technology Common 536252109 5,775,114 1,134,600 1,134,600 1,134,600 Stock ------------------------------------------------------------------------------------------------------------------------------------ Portfolio Recovery Assoc. Common 73640Q105 4,020,705 130,500 130,500 130,500 Stock ------------------------------------------------------------------------------------------------------------------------------------ CyberSource Corp. Common 23251J106 559,972 201,429 201,429 201,429 Stock ------------------------------------------------------------------------------------------------------------------------------------ COLUMN TOTALS 166,471,386 ------------------------------------------------------------------------------------------------------------------------------------
-------------------------------- (SEC USE ONLY) -------------------------------- Page 2 of 5 FORM 13F Name of Reporting Manager Account Management, LLC ------------------------------------------------------------------------------------------------------------------------------------ Item 6: Item 8: Investment Discretion Voting Authority (Shares) ---------------------------------- ----------------------------- Item 1: Item 2: Item 3: Item 4: Item 5: Item 7: Name of Issuer Title CUSIP Fair Shares or (a) Sole (b) Shared- (c) Shared- Managers (a) Sole (b) Shared (c) None of Class Number Market Principal As Defined Other See Value Amount in Instr. V Instr. V ------------------------------------------------------------------------------------------------------------------------------------ Miller Industries Common 600551105 1,286,153 377,271 377,271 377,271 Stock ------------------------------------------------------------------------------------------------------------------------------------ Net2Phone, Inc. Common 64108N106 7,975,770 1,821,000 1,821,000 1,821,000 Stock ------------------------------------------------------------------------------------------------------------------------------------ Federal Common 313586109 505,800 7,500 7,500 7,500 National Stock Mortgage ------------------------------------------------------------------------------------------------------------------------------------ Dean Foods, Inc. Common 242370104 4,205,250 139,500 139,500 139,500 Stock ------------------------------------------------------------------------------------------------------------------------------------ Province Healthcare Co. Common 743977100 774,900 70,000 70,000 70,000 Stock ------------------------------------------------------------------------------------------------------------------------------------ Critical Path, Inc. Common 22674V100 2,496,201 2,521,416 2,521,416 2,521,416 Stock ------------------------------------------------------------------------------------------------------------------------------------ Citicorp Common 172967101 1,027,204 24,000 24,000 24,000 Stock ------------------------------------------------------------------------------------------------------------------------------------ Phelps Dodge Corp. Common 717265102 862,650 3,000 3,000 3,000 Stock ------------------------------------------------------------------------------------------------------------------------------------ Agnico Eagle Mines Ltd. Common 008474108 669,900 57,750 57,750 57,750 Stock ------------------------------------------------------------------------------------------------------------------------------------ Bright Horizons Family Solutions Common 109195107 5,166,700 154,000 154,000 154,000 Stock ------------------------------------------------------------------------------------------------------------------------------------ COLUMN TOTALS 24,952,528 ------------------------------------------------------------------------------------------------------------------------------------
-------------------------------- (SEC USE ONLY) -------------------------------- Page 3 of 5 FORM 13F Name of Reporting Manager Account Management, LLC ------------------------------------------------------------------------------------------------------------------------------------ Item 6: Item 8: Investment Discretion Voting Authority (Shares) ---------------------------------- ----------------------------- Item 1: Item 2: Item 3: Item 4: Item 5: Item 7: Name of Issuer Title CUSIP Fair Shares or (a) Sole (b) Shared- (c) Shared- Managers (a) Sole (b) Shared (c) None of Class Number Market Principal As Defined Other See Value Amount in Instr. V Instr. V ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ Sun Hydraulics Common 866942105 1,691,680 218,000 218,000 218,000 Stock ------------------------------------------------------------------------------------------------------------------------------------ Hewlett Packard Common 428236103 415,350 19,500 19,500 19,500 Stock ------------------------------------------------------------------------------------------------------------------------------------ Abbot Labs Common 002824100 253,008 5,800 5,800 5,800 Stock ------------------------------------------------------------------------------------------------------------------------------------ Glaxo Wellcome Common 37733W105 514,817 12,699 12,699 12,699 Stock ------------------------------------------------------------------------------------------------------------------------------------ Exxon Common 302290101 474,012 13,200 13,200 13,200 Stock ------------------------------------------------------------------------------------------------------------------------------------ Cabot Corp. Common 127055101 104,611 3,645 3,645 3,645 Stock ------------------------------------------------------------------------------------------------------------------------------------ Aradigm Corp. Common 038505103 503,885 281,500 281,500 281,500 Stock ------------------------------------------------------------------------------------------------------------------------------------ ChevronTexaco Corp. Common 166764100 259,920 3,600 3,600 3,600 Stock ------------------------------------------------------------------------------------------------------------------------------------ Pepsico Common 713344108 400,500 9,000 9,000 9,000 Stock ------------------------------------------------------------------------------------------------------------------------------------ Johnson and Johnso Common 478160104 2,871,624 57,544 57,544 57,544 Stock ------------------------------------------------------------------------------------------------------------------------------------ COLUMN TOTALS 7,489,407 ------------------------------------------------------------------------------------------------------------------------------------
-------------------------------- (SEC USE ONLY) -------------------------------- Page 4 of 5 FORM 13F Name of Reporting Manager Account Management, LLC ------------------------------------------------------------------------------------------------------------------------------------ Item 6: Item 8: Investment Discretion Voting Authority (Shares) ---------------------------------- ----------------------------- Item 1: Item 2: Item 3: Item 4: Item 5: Item 7: Name of Issuer Title CUSIP Fair Shares or (a) Sole (b) Shared- (c) Shared- Managers (a) Sole (b) Shared (c) None of Class Number Market Principal As Defined Other See Value Amount in Instr. V Instr. V ------------------------------------------------------------------------------------------------------------------------------------ Schlumberger Common 806857108 1,046,540 22,000 22,000 22,000 Stock ------------------------------------------------------------------------------------------------------------------------------------ Newmont Mining Corp. Common 651639105 2,832,135 87,250 87,250 87,250 Stock ------------------------------------------------------------------------------------------------------------------------------------ Aberdeen Asia-Pacific Income Common 003009107 1,118,000 200,000 200,000 200,000 Stock ------------------------------------------------------------------------------------------------------------------------------------ Liberty Media Corp. Ser. A Common 530718105 1,641,982 142,040 142,040 142,040 Stock ------------------------------------------------------------------------------------------------------------------------------------ Dow Chemical Common 260543103 317,340 10,250 10,250 10,250 Stock ------------------------------------------------------------------------------------------------------------------------------------ Berkshire Hathaway Inc. CL. A Common 084670108 1,450,000 21 21 21 Stock ------------------------------------------------------------------------------------------------------------------------------------ Applied Materials Common 038222105 538,560 34,000 34,000 34,000 Stock ------------------------------------------------------------------------------------------------------------------------------------ Intel Corp. Common 458140100 416,200 20,000 20,000 20,000 Stock ------------------------------------------------------------------------------------------------------------------------------------ Invacare Corp. Common 461203101 475,700 12,900 12,900 12,900 Stock ------------------------------------------------------------------------------------------------------------------------------------ Meridian Gold Inc. Common 589975101 258,505 20,500 20,500 20,500 Stock ------------------------------------------------------------------------------------------------------------------------------------ COLUMN TOTALS 10,094,962 ------------------------------------------------------------------------------------------------------------------------------------
-------------------------------- (SEC USE ONLY) -------------------------------- Page 5 of 5 FORM 13F Name of Reporting Manager Account Management, LLC ----------------------------------------------------------------------------------------------------------------------------------- Item 6: Item 8: Investment Discretion Voting Authority (Shares) ---------------------------------- ----------------------------- Item 1: Item 2: Item 3: Item 4: Item 5: Item 7: Name of Issuer Title CUSIP Fair Shares or (a) Sole (b) Shared- (c) Shared- Managers (a) Sole (b) Shared (c) None of Class Number Market Principal As Defined Other See Value Amount in Instr. V Instr. V ----------------------------------------------------------------------------------------------------------------------------------- Microsoft Corporation Common 594918104 399,984 15,600 15,600 15,600 Stock ----------------------------------------------------------------------------------------------------------------------------------- American Common 026874107 309,008 5,600 5,600 5,600 International Stock Group ----------------------------------------------------------------------------------------------------------------------------------- Deere Common 244199105 308,475 6,750 6,750 6,750 Stock ----------------------------------------------------------------------------------------------------------------------------------- McDonald's Corp. Common 580135101 308,840 14,000 14,000 14,000 Stock ----------------------------------------------------------------------------------------------------------------------------------- Viasys Healthcare Common 92553Q209 651,325 31,465 31,465 31,465 Stock ----------------------------------------------------------------------------------------------------------------------------------- Gold Corp. Common 380956409 181,800 15,000 15,000 15,000 Stock ----------------------------------------------------------------------------------------------------------------------------------- United Global Common 913247508 126,800 20,000 20,000 20,000 Class A Stock ----------------------------------------------------------------------------------------------------------------------------------- ----------------------------------------------------------------------------------------------------------------------------------- ----------------------------------------------------------------------------------------------------------------------------------- ----------------------------------------------------------------------------------------------------------------------------------- COLUMN TOTALS 2,286,232 -----------------------------------------------------------------------------------------------------------------------------------