13F-HR 1 form13f3q02.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 13F FORM 13F COVER PAGE Report for the Calendar Year or Quarter Ended: September 30, 2002 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: Avenir Corporation Address: 1725 K Street, N.W. Suite 401 Washington, D.C. 20006 13F File Number: 28-6032 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 C. Keefe Title: President Phone: 202-659-4427 Signature, Place, and Date of Signing Peter C. Keefe Washington, D.C. November 14, 2002 Report Type (Check only one.): [ x] 13F HOLDINGS REPORT. [ ] 13F NOTICE. [ ] 13F COMBINATION REPORT. List of Other Managers Reporting for this Manager: I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE ACT OF 1934. FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 Form 13F Information Table Entry Total: 96 Form 13F Information Table Value Total: $244,512,000 List of Other Included Managers: FORM 13F INFORMATION TABLE VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE 3 Dimensional Pharmaceuticals COM 88554W104 39 13000SH SOLE 0 13000 0 0 Abbott Labs COM 002824100 262 6476SH SOLE 0 6476 0 0 AES Corp. COM 00130H105 6418 2557085SH SOLE 0 2557085 0 0 AES Trust III C PFD CV 6.75% 00808N202 3140 246250SH SOLE 0 246250 0 0 Airlease Ltd. L.P. DEPOSITORY UNIT 009366105 34 22400SH SOLE 0 22400 0 0 American Express COM 025816109 393 12600SH SOLE 0 12600 0 0 American Tower Sys CL A 029912201 9037 5683713SH SOLE 0 5683713 0 0 Anthem, Inc. COM 03674B104 7437 114415SH SOLE 0 114415 0 0 AT&T Corp. COM 001957109 2639 219696SH SOLE 0 219696 0 0 AT&T Wireless Services Inc. COM 00209A106 355 86202SH SOLE 0 86202 0 0 B O K Financial Corp New COM NEW 05561Q201 2331 71717SH SOLE 0 71717 0 0 Berkshire Hathaway Inc. Class CL A 084670108 9755 132SH SOLE 0 132 0 0 Berkshire Hathaway Inc. Class CL B 084670207 2771 1124SH SOLE 0 1124 0 0 Bristol Myers Squibb Co. COM 110122108 2321 97534SH SOLE 0 97534 0 0 Broadwing Inc COM 111620100 2655 1340750SH SOLE 0 1340750 0 0 Broadwing Inc 3.375 Cvt Pfd PFD CV DEP1/20 111620ADD 249 22000SH SOLE 0 22000 0 0 Burnham Pacific Properties IncCOM 12232C108 34 30000SH SOLE 0 30000 0 0 C & D Technologies COM 124661109 470 32075SH SOLE 0 32075 0 0 Cardinal Financial Corp COM 14149F109 1581 379938SH SOLE 0 379938 0 0 Chemed Corp. COM 163596109 2449 79600SH SOLE 0 79600 0 0 Clear Channel Communications, COM 184502102 2524 72619SH SOLE 0 72619 0 0 CNA Surety COM 12612L108 6310 478051SH SOLE 0 478051 0 0 Comcast Corp. - Sp. CL A 200300200 2574 123390SH SOLE 0 123390 0 0 Corporate Office Prop. Tr. SH BEN INT 22002T108 775 57200SH SOLE 0 57200 0 0 Digene Corp. COM 253752109 274 34700SH SOLE 0 34700 0 0 Dover Downs Gaming & Entmt IncCOM 260095104 126 15540SH SOLE 0 15540 0 0 Dover Motorsports, Inc. COM 260174107 67 16800SH SOLE 0 16800 0 0 E W Scripps Co. - A CL A 811054204 1162 16767SH SOLE 0 16767 0 0 Evergreen Resources COM 299900308 11057 269810SH SOLE 0 269810 0 0 Exxon Mobil COM 302290101 627 19650SH SOLE 0 19650 0 0 Fauquier Bankshares COM 312059108 461 32000SH SOLE 0 32000 0 0 Fedders Corp. CL A 313135303 783 310750SH SOLE 0 310750 0 0 FirstFed Finl Corp Del COM 337907109 530 20586SH SOLE 0 20586 0 0 Genuine Parts Corp. COM 372460105 702 22900SH SOLE 0 22900 0 0 H&R Block COM 093671105 1947 46352SH SOLE 0 46352 0 0 HealthExtras Inc. COM 422211102 955 225800SH SOLE 0 225800 0 0 INTEL Corp. COM 458140100 208 14940SH SOLE 0 14940 0 0 Intl Speedway Corp. Class 'A' COM 460335201 3419 86050SH SOLE 0 86050 0 0 Intl Speedway Corp. Class 'B' CL B 460335300 2606 66830SH SOLE 0 66830 0 0 IPC Holdings, Ltd. ORD G4933P101 3079 104850SH SOLE 0 104850 0 0 John Nuveen Co. CL A 478035108 3115 136916SH SOLE 0 136916 0 0 Johnson & Johnson COM 478160104 611 11300SH SOLE 0 11300 0 0 Journal Register Company COM 481138105 5427 287896SH SOLE 0 287896 0 0 Kinder Morgan Energy, LP UT LTD PARTNER 494550106 551 17250SH SOLE 0 17250 0 0 Koninklijke Philips ElectronicSPONSORED ADR 500472105 3593 247292SH SOLE 0 247292 0 0 Lamar Advertising CL A 512815101 2765 91100SH SOLE 0 91100 0 0 Leucadia National Corp. COM 527288104 231 6800SH SOLE 0 6800 0 0 Lexington Corp Pptys Tr COM 529043101 497 30900SH SOLE 0 30900 0 0 Liberty Media Corp. New Com SeCOM SER A 530718105 697 97078SH SOLE 0 97078 0 0 Markel Corporation COM 570535104 19931 100067SH SOLE 0 100067 0 0 Massey Energy COM 576206106 5992 928980SH SOLE 0 928980 0 0 Mellon Financial Corp COM 585509102 1256 48440SH SOLE 0 48440 0 0 Merck & Co. Inc. COM 589331107 250 5480SH SOLE 0 5480 0 0 MGI Pharma Inc. COM 552880106 6912 987465SH SOLE 0 987465 0 0 Micros Systems COM 594901100 20771 895673SH SOLE 0 895673 0 0 Moody's Corporation COM 615369105 252 5200SH SOLE 0 5200 0 0 N W H Inc. COM 638560102 3326 282366SH SOLE 0 282366 0 0 Nextel Comm CL A 65332V103 302 40000SH SOLE 0 40000 0 0 Ntelos COM 67019U101 305 1272290SH SOLE 0 1272290 0 0 Penn Virginia COM 707882106 713 22000SH SOLE 0 22000 0 0 Penn Virginia Resource PartnerCOM 707884102 445 21900SH SOLE 0 21900 0 0 Penn-America Group Inc. COM 707247102 8886 981860SH SOLE 0 981860 0 0 Pfizer, Inc. COM 717081103 472 16250SH SOLE 0 16250 0 0 PICO Holdings Inc. COM NEW 693366205 987 89705SH SOLE 0 89705 0 0 Pioneer Natural Resources Co. COM 723787107 17584 725130SH SOLE 0 725130 0 0 Plains Res Inc Com COM 726540503 844 32750SH SOLE 0 32750 0 0 Precision Auto Care Inc. COM 74018R105 666 3917320SH SOLE 0 3917320 0 0 Prudential Financial, Inc. COM 744320102 5536 193829SH SOLE 0 193829 0 0 Pulitzer Publishing COM 745771105 1808 43400SH SOLE 0 43400 0 0 Reptron Electronics COM 76026W109 320 427234SH SOLE 0 427234 0 0 Safeguard Sci. COM 786449108 41 36900SH SOLE 0 36900 0 0 Saul Centers COM 804395101 2370 102085SH SOLE 0 102085 0 0 SBC Communications COM 78387G103 276 13733SH SOLE 0 13733 0 0 ServiceMaster Corp. COM 81760N109 466 42937SH SOLE 0 42937 0 0 Sonex Research, Inc. COM 835448101 5 23000SH SOLE 0 23000 0 0 Spectrasite Holdings COM 84760T100 2 26000SH SOLE 0 26000 0 0 Sprint Corp. COM 852061100 91 10000SH SOLE 0 10000 0 0 Sprint PCS Group PCS COM SER 1 852061506 59 30000SH SOLE 0 30000 0 0 Suntrust Banks COM 867914103 218 3550SH SOLE 0 3550 0 0 Synalloy Corp. COM 871565107 66 31600SH SOLE 0 31600 0 0 Teppco Partners UT LTD PARTNER 872384102 788 27000SH SOLE 0 27000 0 0 Triton PCS Holdings CL A 89677M106 63 30000SH SOLE 0 30000 0 0 Trizec Properties, Inc. COM 89687P107 457 40230SH SOLE 0 40230 0 0 Verizon Communications COM 92343V104 823 30009SH SOLE 0 30009 0 0 Viacom Inc. Cl A CL A 925524100 203 5000SH SOLE 0 5000 0 0 Viacom Inc. Cl B CL B 925524308 2285 56356SH SOLE 0 56356 0 0 Wachovia Corp. COM 929771103 720 22031SH SOLE 0 22031 0 0 Washington Mutual Inc. COM 939322103 729 23175SH SOLE 0 23175 0 0 Waste Management, Inc. COM 94106L109 13915 596690SH SOLE 0 596690 0 0 Wells Fargo Co. COM 949740104 8844 183644SH SOLE 0 183644 0 0 Wesco Financial Corp COM 950817106 830 2700SH SOLE 0 2700 0 0 WGL Holdings, Inc. COM 92924F106 323 13506SH SOLE 0 13506 0 0 White Mountains Ins. COM G9618E107 295 1000SH SOLE 0 1000 0 0 Wilmington Trust Co. COM 971807102 683 23600SH SOLE 0 23600 0 0 Zimmer Holdings, Inc COM 98956P102 360 9393SH SOLE 0 9393 0 0 Zymetx Inc. COM 989859103 0 12500SH SOLE 0 12500 0 0