13F-HR/A 1 d13fhra.txt AMENDMENT #1 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F FORM 13F COVER PAGE Report for the Calendar Year or Quarter Ended: March 31, 2008 Check here if Amendment [X]; Amendment Number: 1 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: Peter de Roetth Title: Principal Phone: 617-236-4200 Signature, Place, and Date of Signing: Peter de Roetth (signature on file) Boston, MA May 14, 2008 ------------------------------------ ------------- ---------------- [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: NONE (SEC USE ONLY) Page 1 of 4 FORM 13 F Name of Reporting Manager Account Management, LLC
Item 6: Item 8: Investment Discretion Voting Authority Item 5: ----------------------------- (Shares) Item 2: Item 3: Item 4: Shares or (b) Shared- (c) Item 7: --------------------- Item 1: Title of CUSIP Fair Market Principal As Defined Shared- Managers (b) (c) Name of Issuer Class Number Value Amount (a) Sole in Instr. V Other See Instr. V (a) Sole Shared None ------------------------- -------- --------- ----------- --------- --------- ----------- ------- ------------ --------- ------ ---- Maxim Integrated Products Common Stock 57772K101 12,578,795 616,910 616,910 616,910 PowerSecure International, Inc Common Stock 73936N105 13,311,870 1,131,000 1,131,000 1,131,000 XTO Energy Inc. Common Stock 98385X106 3,731,705 60,325 60,325 60,325 Heritage-Crystal Clean Inc. Common Stock 42726M106 689,600 40,000 40,000 40,000 Credit Acceptance Corporation Common Stock 225310101 11,843,240 762,604 762,604 762,604 Diamonds Trust Ser 1 Common Stock 252787106 379,440 3,100 3,100 3,100 Ritchie Bros. Auction Common Stock 767744105 2,751,020 33,500 33,500 33,500 Suncor Energy Inc Common Stock 867229106 626,275 6,500 6,500 6,500 Smith & Wesson Holding Corporation Common Stock 831756101 125,500 25,000 25,000 25,000 Annaly Capital Management Inc Common Stock 035710409 1,662,220 108,500 108,500 108,500 COLUMN TOTALS 47,699,665 2,787,439
(SEC USE ONLY) Page 2 of 4 FORM 13 F Name of Reporting Manager Account Management, LLC
Item 6: Item 8: Investment Discretion Voting Authority Item 5: ----------------------------- (Shares) Item 2: Item 3: Item 4: Shares or (b) Shared- (c) Item 7: --------------------- Item 1: Title of CUSIP Fair Market Principal As Defined Shared- Managers (b) (c) Name of Issuer Class Number Value Amount (a) Sole in Instr. V Other See Instr. V (a) Sole Shared None ------------------------- -------- --------- ----------- --------- --------- ----------- ------- ------------ --------- ------ ---- Indochina Capital Common Stock G47690105 93,000 12,000 12,000 12,000 Goldcorp Inc Common Stock 380956409 2,850,063 73,550 73,550 73,550 Pan Amer Silver Common Stock 697900108 475,021 12,380 12,380 12,380 Gold Bullion Sec LTD OTC Common Stock G4024G101 366,300 3,700 3,700 3,700 Kinross Gold CP Common Stock 496902404 1,397,352 63,200 63,200 63,200 Berkshire Hathaway Hld B Common Stock 084670207 13,365,025 2,988 2,988 2,988 Clayton Holdings Inc. Common Stock 18418N107 2,565,920 553,000 553,000 553,000 Heartland Payment Sys Inc. Common Stock 42235N108 4,054,362 176,200 176,200 176,200 StreetTracks Gold TR Common Stock 863307104 857,087 9,480 9,480 9,480 COLUMN TOTALS 26,024,130 906,498
(SEC USE ONLY) Page 3 of 4 FORM 13 F Name of Reporting Manager Account Management, LLC
Item 6: Item 8: Investment Discretion Voting Authority Item 5: ----------------------------- (Shares) Item 2: Item 3: Item 4: Shares or (b) Shared- (c) Item 7: --------------------- Item 1: Title of CUSIP Fair Market Principal As Defined Shared- Managers (b) (c) Name of Issuer Class Number Value Amount (a) Sole in Instr. V Other See Instr. V (a) Sole Shared None ------------------------- -------- --------- ----------- --------- --------- ----------- ------- ------------ --------- ------ ---- Barrick Gold Corporation Common Stock 067901108 5,621,300 129,374 129,374 129,374 Innerworkings Inc. Common Stock 45773Y105 8,081,280 576,000 576,000 576,000 Parallel Petroleum Corporation Common Stock 699157103 596,885 30,500 30,500 30,500 Penn West Energy Tru Common Stock 707885109 1,354,792 48,420 48,420 48,420 Conocophillips Common Stock 20825C104 238,004 3,123 3,123 3,123 Canadian Nat Res Common Stock 136385101 802,055 11,750 11,750 11,750 Encana Corporation Common Stock 292505104 1,363,500 18,000 18,000 18,000 Fluor CP (NEW) Common Stock 343412102 1,924,011 13,630 13,630 13,630 GE Electric Co Common Stock 369604103 3,127,345 84,500 84,500 84,500 Petaquilla Minerals LTD Common Stock 716013107 2,296,800 880,000 880,000 880,000 COLUMN TOTALS 25,405,972 1,795,297
(SEC USE ONLY) Page 4 of 4 FORM 13 F Name of Reporting Manager Account Management, LLC
Item 6: Item 8: Investment Discretion Voting Authority Item 5: ----------------------------- (Shares) Item 2: Item 3: Item 4: Shares or (b) Shared- (c) Item 7: --------------------- Item 1: Title of CUSIP Fair Market Principal As Defined Shared- Managers (b) (c) Name of Issuer Class Number Value Amount (a) Sole in Instr. V Other See Instr. V (a) Sole Shared None ------------------------- -------- --------- ----------- --------- --------- ----------- ------- ------------ --------- ------ ---- Cepheid Common Stock 15670R107 1,292,670 53,000 53,000 53,000 0 0 0 0 0 0 0 0 0 0 1,292,670 53,000