0001193125-11-118115.txt : 20110429
0001193125-11-118115.hdr.sgml : 20110429
20110429142342
ACCESSION NUMBER: 0001193125-11-118115
CONFORMED SUBMISSION TYPE: 13F-HR
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20110331
FILED AS OF DATE: 20110429
DATE AS OF CHANGE: 20110429
EFFECTIVENESS DATE: 20110429
FILER:
COMPANY DATA:
COMPANY CONFORMED NAME: ACCOUNT MANAGEMENT LLC
CENTRAL INDEX KEY: 0000769954
IRS NUMBER: 042326575
STATE OF INCORPORATION: MA
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 13F-HR
SEC ACT: 1934 Act
SEC FILE NUMBER: 028-01363
FILM NUMBER: 11793362
BUSINESS ADDRESS:
STREET 1: 2 NEWBERRY STREET
CITY: BOSTON
STATE: MA
ZIP: 02116
BUSINESS PHONE: 6172364200
MAIL ADDRESS:
STREET 1: 2 NEWBERRY STREET
CITY: BOSTON
STATE: MA
ZIP: 02116
FORMER COMPANY:
FORMER CONFORMED NAME: ACCOUNT MANAGEMENT CORP /MA/
DATE OF NAME CHANGE: 19980428
13F-HR
1
d13fhr.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: March 31, 2011
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: 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: Christopher de Roetth
Title: Principal
Phone: 617-236-4200
Signature, Place, and Date of Signing:
Christopher de Roetth (signature on file) Boston, MA April 29, 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).)
List of Other Managers Reporting for this Manager:
NONE
4/28/2011
(SEC USE ONLY)
Page 1 of 4 FORM 13 F NAME OF REPORTING MANAGER Account Management, LLC
Item 6:
Investment Discretion
------------------------
Item 8:
(b) Voting Authority
Item 2: Item 5: Shared- Item 7: (Shares)
Title Item 3: Item 4: Shares or As Defined (c) Managers -------------------
Item 1: of CUSIP Fair Market Principal (a) in Shared- See (a) (b) (c)
Name of Issuer Class Number Value Amount Sole Instr. V Other Instr. V Sole Shared None
------------------------------------ ------ --------- ----------- --------- ------- ---------- ------- -------- ------- ------ ----
Berkshire Hathaway Hld B Common 084670702
Stock 12,764,865 152,635 152,635 152,635
Berkshire Hathaway Inc. CL "A" Common 084670108
Stock 1,503,600 12 12 12
Accretive Health Inc. Common 00438V103
Stock 2,276,320 82,000 82,000 82,000
Credit Acceptance Corporation Common 225310101
Stock 16,024,045 225,818 225,818 225,818
D R Horton Inc Common 23331A109
Stock 3,853,820 330,800 330,800 330,800
CTPartners Executive S Common 22945C105
Stock 707,500 50,000 50,000 50,000
Encana Corporation Common 292505104
Stock 362,565 10,500 10,500 10,500
Energy Recovery Inc. Common 29270J100
Stock 79,500 25,000 25,000 25,000
ETFS Metal Securities Austrailia LTD Common Q3635T113
Redeemable Pref SHS Stock 428,324 3,068 3,068 3,068
G Check PT Software Ford Common M22465104
Stock 2,580,578 50,550 50,550 50,550
Gammon Gold Inc. Common 36467T106
Stock 827,640 79,200 79,200 79,200
Maxim Integrated Products Common 57772K101
Stock 6,508,800 254,250 254,250 254,250
Ritchie Bros. Auction Common 767744105
Stock 1,629,885 57,900 57,900 57,900
----------- ---------
COLUMN TOTALS 49,547,442 1,321,733
=========== =========
4/28/2011
(SEC USE ONLY)
Page 2 of 4 FORM 13 F NAME OF REPORTING MANAGER Account Management, LLC
Item 6:
Investment Discretion
------------------------
Item 8:
(b) Voting Authority
Item 2: Item 5: Shared- Item 7: (Shares)
Title Item 3: Item 4: Shares or As Defined (c) Managers -------------------
Item 1: of CUSIP Fair Market Principal (a) in Shared- See (a) (b) (c)
Name of Issuer Class Number Value Amount Sole Instr. V Other Instr. V Sole Shared None
------------------------------------ ------ --------- ----------- --------- ------- ---------- ------- -------- ------- ------ ----
Barrick Gold Corporation Common 067901108
Stock 9,763,960 188,094 188,094 188,094
Canadian Natural Resources Common 136385101
Stock 961,414 19,450 19,450 19,450
Microsoft Corporation Common 594918104
Stock 7,333,902 288,850 288,850 288,850
Johnson & Johnson Common 478160104
Stock 1,540,500 26,000 26,000 26,000
Leucadia National Corp Common 527288104
Stock 1,839,460 49,000 49,000 49,000
Goldcorp Inc. Common 380956409
Stock 4,981,245 100,025 100,025 100,025
Monsanto Co. (New) Common 61166W101
Stock 541,950 7,500 7,500 7,500
Cenovus Energy Inc. Common 15135U109
Stock 275,660 7,000 7,000 7,000
EMC Corp Mass Common 268648102
Stock 212,480 8,000 8,000 8,000
EOG Resources Inc. Common 26875P101
Stock 2,073,925 17,500 17,500 17,500
Enterprise Prods Partners LP Common 293792107
Stock 2,150,416 49,940 49,940 49,940
Powersecure International, Inc. Common 73936N105
Stock 1,531,591 178,092 178,092 178,092
SPDR Gold Trust Common 78463V107
Stock 2,685,032 19,198 19,198 19,198
----------- ---------
COLUMN TOTALS 35,891,535 958,649
=========== =========
4/28/2011
(SEC USE ONLY)
Page 3 of 4 FORM 13 F NAME OF REPORTING MANAGER Account Management, LLC
Item 6:
Investment Discretion
------------------------
Item 8:
(b) Voting Authority
Item 2: Item 5: Shared- Item 7: (Shares)
Title Item 3: Item 4: Shares or As Defined (c) Managers -------------------
Item 1: of CUSIP Fair Market Principal (a) in Shared- See (a) (b) (c)
Name of Issuer Class Number Value Amount Sole Instr. V Other Instr. V Sole Shared None
------------------------------------ ------ --------- ----------- --------- ------- ---------- ------- -------- ------- ------ ----
Petaquilla Minerals LTD Common 716013107
Stock 334,656 350,425 350,425 350,425
Transdigm Group Inc. Common 893641100
Stock 1,928,090 23,000 23,000 23,000
Common
Penn West Energy Trust Stock 707885109 344,034 12,420 12,420 12,420
Common
Randgold RES. LTD F Stock 752344309 203,850 2,500 2,500 2,500
Asia Tigers Fund Inc. Common
Stock 04516T105 1,022,760 54,000 54,000 54,000
Sprott Physical Gold Trust Common 85207H104
Stock 1,665,320 131,750 131,750 131,750
Central Fund of Canada Ltd. Common 153501101
Stock 514,510 23,000 23,000 23,000
Exxon Mobil Corporation Common 30231G102
Stock 4,105,460 48,799 48,799 48,799
KB Home Common 48666K109
Stock 1,928,200 155,000 155,000 155,000
Schlumberger Common 806857108
Stock 373,040 4,000 4,000 4,000
Ishares Silver Trust Common 46428Q19
Stock 485,364 13,200 13,200 13,200
Common
Stock 0 0
----------- ---------
COLUMN TOTALS 12,905,284 818,094
=========== =========
4/28/2011
(SEC USE ONLY)
Page 4 of 4 FORM 13 F NAME OF REPORTING MANAGER Account Management, LLC
Item 6:
Investment Discretion
------------------------
Item 8:
(b) Voting Authority
Item 2: Item 5: Shared- Item 7: (Shares)
Title Item 3: Item 4: Shares or As Defined (c) Managers -------------------
Item 1: of CUSIP Fair Market Principal (a) in Shared- See (a) (b) (c)
Name of Issuer Class Number Value Amount Sole Instr. V Other Instr. V Sole Shared None
------------------------------------ ------ --------- ----------- --------- ------- ---------- ------- -------- ------- ------ ----
Common
Stock 0 0
Common
Stock 0 0
Common
Stock 0 0
Common
Stock 0 0
Common
Stock 0 0
Common
Stock 0 0
Common
Stock 0 0
Common
Stock 0 0
Common
Stock 0 0
Common
Stock 0 0
0 0