13F-HR 1 ste4q09.txt FORM 13F HOLDINGS REPORT UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F Form 13F COVER PAGE Report for the Calendar Year or Quarter Ended: December 31, 2009 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: Steinberg Asset Management, LLC Address: 12 East 49th Street New York, NY 10017 13F File Number: 28-10184 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: Steven Feld Title: Managing Director Phone: (212) 980-0080 Signature, Place, and Date of Signing: /s/ Steven Feld New York, NY February 16, 2010 Report Type (Check only one.): [ X] 13F HOLDINGS REPORT. [ ] 13F NOTICE. [ ] 13F COMBINATION REPORT. FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 Form13F Information Table Entry Total: 62 Form13F Information Table Value Total: $1,732,973 (thousands) List of Other Included Managers: Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional managers with respect to which this report is filed, other than the manager filing this report. NONE 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 LABS COM 002824100 41907 776194 SH Sole 740269 0 35925 AEGEAN MARINE PETROLEUM NETW SHS Y0017S102 32975 1199971 SH Sole 1150496 0 49475 ALASKA COMMUNICATIONS SYS GR COM 01167p101 30768 3855672 SH Sole 3715422 0 140250 AMERICAN TOWER CORP CL A 029912201 25172 582550 SH Sole 557250 0 25300 ARCH CAP GROUP LTD ORD g0450a105 124960 1746477 SH Sole 1672746 0 73731 ASCENT MEDIA CORP COM SER A 043632108 11713 458805 SH Sole 445650 0 13155 BAXTER INTL INC COM 071813109 511 8700 SH Sole 4400 0 4300 BERKSHIRE HATHAWAY INC DEL CL A 084670108 9523 96 SH Sole 89 0 7 BOWNE & CO INC COM 103043105 12794 1915279 SH Sole 1860691 0 54588 BP PLC SPONSORED ADR 055622104 706 12178 SH Sole 12178 0 0 CHEMICAL FINL CORP COM 163731102 607 25733 SH Sole 24633 0 1100 CHEVRON CORP NEW COM 166764100 839 10896 SH Sole 10896 0 0 CITIGROUP INC COM 172967101 33 10000 SH Sole 10000 0 0 COMPASS MINERALS INTL INC COM 20451N101 787 11710 SH Sole 11710 0 0 CONOCOPHILLIPS COM 20825C104 240 4700 SH Sole 4700 0 0 DELTA PETE CORP COM NEW 247907207 2804 2696117 SH Sole 2440017 0 256100 DELTIC TIMBER CORP COM 247850100 1487 32200 SH Sole 30800 0 1400 DENISON MINES CORP COM 248356107 586 461350 SH Sole 421710 0 39640 DIRECTV COM CL A 25490A101 44289 1328005 SH Sole 1256331 0 71674 DISCOVERY COMMUNICATNS NEW COM SER C 25470f302 43614 1644563 SH Sole 1578923 0 65640 DISCOVERY COMMUNICATNS NEW COM SER A 25470F104 43879 1430667 SH Sole 1366277 0 64390 EASTMAN KODAK CO COM 277461109 21387 5067997 SH Sole 4902747 0 165250 EXXON MOBIL CORP COM 30231G102 849 12444 SH Sole 12344 0 100 FIDELITY NATL INFORMATION SV COM 31620m106 19925 850050 SH Sole 817000 0 33050 FIRST MIDWEST BANCORP DEL COM 320867104 2477 227498 SH Sole 220798 0 6700 GOLAR LNG LTD BERMUDA SHS g9456a100 143249 11173878 SH Sole 10698028 0 475850 GULFMARK OFFSHORE INC COM 402629109 44929 1587034 SH Sole 1502074 0 84960 HOSPIRA INC COM 441060100 20219 396444 SH Sole 363249 0 33195 IAC INTERACTIVECORP COM PAR $.001 44919P508 64232 3136336 SH Sole 3053336 0 83000 INGERSOLL-RAND PLC SHS G47791101 39784 1113154 SH Sole 1068799 0 44355 INTERNATIONAL FLAVORS&FRAGRA COM 459506101 55176 1341180 SH Sole 1291477 0 49703 ISHARES TR INDEX RUSL 2000 VALU 464287630 3215 55397 SH Sole 55397 0 0 ISHARES TR INDEX RUSSELL1000VAL 464287598 554 9650 SH Sole 9650 0 0 JOHNSON & JOHNSON COM 478160104 395 6132 SH Sole 6132 0 0 KROGER CO COM 501044101 70296 3424075 SH Sole 3285675 0 138400 LABORATORY CORP AMER HLDGS COM NEW 50540R409 110176 1472150 SH Sole 1414915 0 57235 LIBERTY MEDIA CORP NEW LIB STAR COM A 53071M708 3267 70800 SH Sole 66423 0 4377 LIONS GATE ENTMNT CORP COM NEW 535919203 46100 7934650 SH Sole 7637275 0 297375 LOCKHEED MARTIN CORP COM 539830109 60513 803092 SH Sole 765117 0 37975 MARKETAXESS HLDGS INC COM 57060D108 8916 641450 SH Sole 625200 0 16250 MASTERCARD INC CL A 57636Q104 14317 55930 SH Sole 53475 0 2455 MB FINANCIAL INC NEW COM 55264U108 1831 92900 SH Sole 90050 0 2850 NEUSTAR INC CL A 64126x201 55924 2427248 SH Sole 2327948 0 99300 NEWS CORP CL A 65248E104 66295 4842582 SH Sole 4645882 0 196700 NUSTAR GP HOLDINGS LLC UNIT RESTG LLC 67059L102 509 18900 SH Sole 0 0 18900 PEPSICO INC COM 713448108 304 5000 SH Sole 5000 0 0 PFIZER INC COM 717081103 182 10000 SH Sole 10000 0 0 PROVIDENCE & WORCESTER RR CO COM 743737108 3415 317704 SH Sole 156944 0 160760 QUEST DIAGNOSTICS INC COM 74834L100 9210 152529 SH Sole 132099 0 20430 RALCORP HLDGS INC NEW COM 751028101 97558 1633858 SH Sole 1575958 0 57900 REPUBLIC AWYS HLDGS INC COM 760276105 1941 263000 SH Sole 254900 0 8100 SBA COMMUNICATIONS CORP COM 78388J106 12207 357350 SH Sole 351800 0 5550 SCHLUMBERGER LTD COM 806857108 312 4800 SH Sole 4800 0 0 SYNERON MEDICAL LTD ORD SHS M87245102 18030 1725391 SH Sole 1686441 0 38950 TEEKAY OFFSHORE PARTNERS L P PARTNERSHIP UN y8565j101 1919 96200 SH Sole 92100 0 4100 THERMO FISHER SCIENTIFIC INC COM 883556102 87608 1837033 SH Sole 1759458 0 77575 TRANSOCEAN LTD REG SHS H8817H100 3666 44271 SH Sole 37835 0 6436 UMPQUA HLDGS CORP COM 904214103 4391 327449 SH Sole 315799 0 11650 WARNER CHILCOTT PLC IRELAND SHS A G94368100 38557 1354300 SH Sole 1304600 0 49700 WASHINGTON FED INC COM 938824109 18842 974250 SH Sole 946350 0 27900 WASTE CONNECTIONS INC COM 941053100 28152 844400 SH Sole 835400 0 9000 WILLIS GROUP HOLDINGS LTD SHS G96655108 121950 4622832 SH Sole 4457072 0 165760