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