13F-HR 1 horizonthirteenfdecthree.txt HORIZONTHIRTEENFDECTHREE UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F Form 13F COVER PAGE Report for the Quarter ended: December 31, 2003 Not an amendment. Institutional Investment Manager Filing this Report: Name: Horizon Asset Management, Inc. Address: 470 Park Avenue South 4th Floor South New York, N.Y. 10016 13F File Number: 28-6986 The institutional investment manager filing this report; and 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: Andrew M. Fishman Title: Director of Compliance and General Counsel Phone: 646-495-7347 Signature, Place, and Date of Signing: Andrew M. Fishman New York, New York February 17, 2004 Report Type: 13F HOLDINGS REPORT List of Other Managers Reporting for this Manager: none I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE ACT OF 1934. Report Summary: Number of Other Included Managers: none Form 13F Information Table Entry Total: 247 Form Information Table Value Total: $628,746,408 NAME OF ISSUER TITLE OF CLASS CUSIP VALUE SHARES INV. DISCRET. 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common- N76277172 293896 5600 Sole SAFEGUARD SCIENTIFICS 5% 6/15/06- convertible bond- 786449AE8 1052314 1130000 sole SCHLUMBERGER LTD- Common- 806857108 239783 4382 Sole SCHWAB CHARLES CORP NEW- common- 808513105- 3374400 285000 Sole SCRIPPS E W CO CL A NEW- common- 811054204 1802912 19155 sole SEAGATE TECHNOLOGY INC DE ESCROW- common- 811804988 0 110275 sole SERVICEMASTER CO- common- 81760N109- 524621 45032 Sole SHENZHEN EXPRESSWAY CO LTD SHS H- common- Y7741B107 319001 893500 sole SICHUAN EXPRESSWAY CO LTD SHS H- common- Y79325109 305504 1844000 sole SIERRA PACIFIC RESOURCES NEW- common- 826428203 284400 7900 sole SINOPEC CHINA PETROLEUM- common- 16941R108 2784224 63025 sole SIRIUS SATELLITE RADIO INC COM- common- 82966U103 7399 23400 sole SOTHEBYS HDLGS INC CL A- common- 835898107 330231 24175 sole SOUTHERN PACIFIC PETROLEUM NL- common- 843581406 420068 56009 sole STANDARD & POORS MIDCAP 400- common- 595635103 1391280 13200 sole STANDARD REGISTER CO- common- 853887107 334917 19900 sole STAR STRUCK LTD- common- 855188108 42880 53600 sole STATE STREET CORP- common- 857477103 374976 7200 sole STILLWATER MNG CO- common- 86074Q102 768050 80256 sole SUNCOR INC- common- 867229106 5368496 218886 sole SUPERIOR SURGICAL MFG CO INC- common- 868358102 417830 25400 sole TECO ENERGY INC- common- 872375100 50435 3500 sole TECO ENERGY INC EQUITY SECURITY- preferred- 872375209 179280 10800 sole TELEPHONE & DATA SYSTEMS INC- common- 879433100 795576 12775 sole TEXAS PACIFIC LAND TRUST- common- 882610108 1034719 18395 sole TIME WARNER INC- common- 887317105 564850 31398 sole TRAVELERS PPTY CAS CORP NEW CL B- common- 89420G406 303474 17883 sole TRIZEC HAHN CORP INT: 3%; MATY 1/29/21- convertible bond- 896938AB3 19215458 24668000 sole TXU CORP- common- 873168108 10804757 455563 sole U S OFFICE PRODUCTS CO NEW- common- 912325305 59 11869 sole UNION PACIFIC CORP- common- 907818108 557924 8030 sole UNITED GLOBAL COM CL A - common- 913247508 893089 105597 sole USEC INC- common- 90333E108 91980 10950 sole UST INC- common- 902911106 754633 21144 sole VIACOM INC CL B- common- 925524308 1696337 38223 sole VION PHARM INC- common- 927624106 18960 12000 sole VISHAY INTERTECH INC- common- 928298108 617819 26979 sole VISTEON CORP COM- common- 92839U107 1402633 134739 sole VODAFONE GROUP PLC NEW SPONS ADR- common- 92857W100 237004 9465 sole WACHOVIA CORPORATION- common- 929903102 600360 12886 sole WALGREEN COMPANY- common- 931422109 3003387 82556 sole WASHINGTON POST CO CL B - common- 939640108- 14186081 137531 Sole WD 40 CO- common- 929236107 473824 13400 sole WELLS FARGO & CO NEW- common- 949746101- 390500 6631 Sole WESCO FINANCIAL CORP COM- common- 950817106- 5281188 15019 Sole WHITE MTNS INS GROUP LTD- common- G9618E107 16687671 165924 sole WILEY JOHN & SONS INC COM CL A- common- 968223206 1470565 56495 sole WILEY JOHN & SONS INC CL B COMMON- common- 968223305 667633 25570 sole WILLIAMS COMPANIES INC PFD 9.00%- preferred- 969457886 1062566 81050 sole WILLIAMS COS INC- common- 969457100 9353462 951391 sole WYETH- common- 983024100 2477825 58370 sole ZHEJIANG EXPRESSWAY CO LTD SHS H- common- Y9891F102 425054 605500 sole ZIMMER HLDGS INC- common- 98956P102 249427 3543 sole TOTAL-628746408
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