0000807985-11-000060.txt : 20111114
0000807985-11-000060.hdr.sgml : 20111111
20111114104528
ACCESSION NUMBER: 0000807985-11-000060
CONFORMED SUBMISSION TYPE: 13F-HR
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20110930
FILED AS OF DATE: 20111114
DATE AS OF CHANGE: 20111114
EFFECTIVENESS DATE: 20111114
FILER:
COMPANY DATA:
COMPANY CONFORMED NAME: SOUTHEASTERN ASSET MANAGEMENT INC/TN/
CENTRAL INDEX KEY: 0000807985
IRS NUMBER: 620951781
STATE OF INCORPORATION: TN
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 13F-HR
SEC ACT: 1934 Act
SEC FILE NUMBER: 028-01399
FILM NUMBER: 111198920
BUSINESS ADDRESS:
STREET 1: 6410 POPLAR AVENUE STE 900
CITY: MEMPHIS
STATE: TN
ZIP: 38119
BUSINESS PHONE: 9017612474
MAIL ADDRESS:
STREET 1: 6410 POPLAR AVENUE
STREET 2: SUITE 900
CITY: MEMPHIS
STATE: TN
ZIP: 38119
FORMER COMPANY:
FORMER CONFORMED NAME: PROFESSIONAL PORTFOLIO MANAGEMENT INC
DATE OF NAME CHANGE: 19890314
FORMER COMPANY:
FORMER CONFORMED NAME: SOUTHEASTERN ASSET MANAGEMENT INC
DATE OF NAME CHANGE: 19880622
13F-HR
1
f13f0911.txt
13F - SEPTEMBER 30, 2011
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D. C. 20549
Form 13F
Form 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: 09/30/2011
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: Southeastern Asset Management, Inc.
Address: 6410 Poplar Avenue, Suite 900
Memphis, Tennessee 38119
Form 13F File Number: 28-1399
The institutional investment manager filing this report and the
person signing the report 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 to be integral parts of
this form.
Person Signing this Report on Behalf of Reporting Manager:
Name: Andrew R. McCarroll
Title: General Counsel
Phone: 901-761-2474
Signature, Place, and Date of Signing:
/s/Andrew R. McCarroll Memphis, Tennessee 11/14/2011
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
Form 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 1
Form 13F Information Table Entry Total: 86
Form 13f Information Table Value Total: 21212424
(thousands)
List of Other Included Managers:
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.
No. Form 13F File Number Name
01 28-N/A Longleaf Partners Funds Trust,
an investment company registered
under the Investment Company Act
of 1940 (File # 811-4923) on behalf
of one or more of its three series:
Longleaf Partners Fund
Longleaf Partners Small-Cap Fund
Longleaf Partners International Fund
FORM 13F INFORMATION TABLE
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
Abbott Laboratories COM 002824100 212379 4152900 SH Sole 3352900 800000
378027 7392000 SH Defined 01 7392000
Aon Corporation COM 037389103 530718 12642170 SH Sole 10182170 2460000
438389 10442812 SH Defined 01 10442812
Bank of New York Mellon Corpor COM 064058100 426270 22930085 SH Sole 19101885 3828200
332387 17879895 SH Defined 01 17879895
Berkshire Hathaway Inc. Class COM 084670702 9107 128200 SH Sole 128200
CEMEX S.A.B. de C.V. ADR COM 151290889 351084 111102630 SH Sole 91782863 19319767
209238 66214507 SH Defined 01 66214507
Chesapeake Energy Corporation COM 165167107 1550012 60665848 SH Sole 51777176 8888672
700340 27410576 SH Defined 01 27410576
Dell Inc. COM 24702R101 1594132 112739212 SH Sole 96138274 16600938
477989 33804000 SH Defined 01 33804000
Dillard's Inc. COM 254067101 2061 47407 SH Sole 47407
159971 3679180 SH Defined 01 3679180
DineEquity Inc COM 254423106 5904 153400 SH Sole 105000 48400
114627 2978100 SH Defined 01 2978100
DIRECTV Cl A COM 25490A101 1001621 23695794 SH Sole 19800194 3895600
450942 10668141 SH Defined 01 10668141
Everest Re Group Ltd. COM G3223R108 311144 3919683 SH Sole 3048200 871483
105972 1335000 SH Defined 01 1335000
Fair Isaac Corporation COM 303250104 2819 129127 SH Sole 74078 55049
8217 376400 SH Defined 01 376400
FedEx Corporation COM 31428X106 445175 6577652 SH Sole 5614552 963100
319653 4723000 SH Defined 01 4723000
Global Crossing Ltd. COM G3921A175 229047 9579550 SH Sole 8754550 825000
4646 194300 SH Defined 01 194300
Ingersoll-Rand PLC COM G47791101 20882 743394 SH Sole 743394
72155 2568711 SH Defined 01 2568711
InterContinental Hotels Group COM 45857P301 160053 9953533 SH Sole 8151433 1802100
21406 1331245 SH Defined 01 1331245
Lamar Advertising Company COM 512815101 1448 85000 SH Sole 85000
110542 6491000 SH Defined 01 6491000
Level 3 Communications Inc. COM 52729N100 358782 240793439 SH Sole 203049490 37743949
320184 214888754 SH Defined 01 214888754
Liberty Interactive Corporatio COM 53071M104 501135 33952205 SH Sole 27384236 6567969
316326 21431321 SH Defined 01 21431321
Loews Corporation COM 540424108 845347 24467365 SH Sole 20526365 3941000
478621 13853000 SH Defined 01 13853000
Madison Square Garden Company COM 55826P100 1630 71500 SH Sole 71500
123234 5405000 SH Defined 01 5405000
Markel Corporation COM 570535104 119999 336008 SH Sole 257535 78473
125582 351642 SH Defined 01 351642
Martin Marietta Materials Inc. COM 573284106 226926 3589470 SH Sole 3009370 580100
124607 1971000 SH Defined 01 1971000
Murphy Oil Corporation COM 626717102 6081 137700 SH Sole 137700
News Corporation - Class A COM 65248E104 466127 30111554 SH Sole 26282554 3829000
346014 22352305 SH Defined 01 22352305
Potlatch Corporation COM 737630103 1202 38142 SH Sole 38142
84756 2688952 SH Defined 01 2688952
Quicksilver Resources Inc. COM 74837R104 1075 141760 SH Sole 141760
112479 14838952 SH Defined 01 14838952
Royal Philips Electronics ADR COM 500472303 353755 19718799 SH Sole 16252999 3465800
65801 3667831 SH Defined 01 3667831
Saks Incorporated COM 79377W108 2905 332000 SH Sole 332000
116209 13281000 SH Defined 01 13281000
Scripps Networks Interactive COM 811065101 1227 33000 SH Sole 33000
106529 2866000 SH Defined 01 2866000
Service Corporation Internatio COM 817565104 139181 15194484 SH Sole 11839584 3354900
159856 17451523 SH Defined 01 17451523
Telephone and Data Systems Inc COM 879433860 18922 957116 SH Sole 542599 414517
23411 1184171 SH Defined 01 1184171
Texas Industries Inc. COM 882491103 21672 682800 SH Sole 619300 63500
225513 7105000 SH Defined 01 7105000
The Travelers Companies Inc. COM 89417E109 427201 8766700 SH Sole 7595700 1171000
369783 7588400 SH Defined 01 7588400
The Washington Post Company COM 939640108 25275 77301 SH Sole 73115 4186
94494 289000 SH Defined 01 289000
tw telecom inc. COM 87311L104 274546 16619029 SH Sole 14107252 2511777
184200 11150100 SH Defined 01 11150100
Vail Resorts Inc. COM 91879Q109 1398 37000 SH Sole 37000
128637 3404000 SH Defined 01 3404000
Vodafone Group Plc ADR COM 92857W209 88712 3457219 SH Sole 2947219 510000
42217 1645235 SH Defined 01 1645235
Vulcan Materials Company COM 929160109 56800 2060968 SH Sole 1542868 518100
295005 10704110 SH Defined 01 10704110
Walt Disney Company COM 254687106 664711 22039488 SH Sole 18295188 3744300
348740 11563000 SH Defined 01 11563000
Wendy's Company COM 95058W100 4053 883000 SH Sole 883000
136346 29705000 SH Defined 01 29705000
Willis Group Holdings PLC COM G96666105 175777 5114255 SH Sole 4101255 1013000
279188 8123000 SH Defined 01 8123000
Yum! Brands Inc. COM 988498101 605526 12260100 SH Sole 10193100 2067000
316648 6411170 SH Defined 01 6411170
Level 3 Communications Inc. Co CONV 52729NBM1 128455 100062000 PRN Defined 01 100062000
Level 3 Communications Inc. Co CONV 52729NBR0 11264 8000000 PRN Sole 8000000