13F-HR 1 laf13f-123109.txt 13F QUARTERLY 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: Lafayette Investments, Inc. Address: 17830 New Hampshire Avenue Suite 201 Ashton, MD 20861 13F File Number: 028-11053 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: Lawrence Judge Title: President Phone: 301-570-1250 Signature, Place, and Date of Signing: Lawrence Judge Ashton, MD February 12, 2010 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: 72 Form 13F Information Table Value Total: 128, 655 List of Other Included Managers: Value Shares/Sh/Put/ Invstmt Other VOTING AUTHORITY Name of Issuer Title of Class Cusip (x1000) Prn AmtPrnCall Dscretn Mgrs Sole Shared None AT&T Inc COM 00206R-10-2 287 10235 SH Sole 10235 Alleghany Corp COM 017175-10-0 2995 10851 SH Sole 10851 Allergan COM 018490-10-2 756 12000 SH Sole 12000 Allstate Corp COM 020002-10-1 206 6874 SH Sole 6874 Arch Cap Group LTD COM G0450A-10-5 308 4300 SH Sole 4300 Automatic Data Process COM 053015-10-3 1531 35760 SH Sole 35760 Avalonbay Comm Reit Inc COM 053484-10-1 406 4950 SH Sole 4950 BCSB Bancorp Inc. COM 055367-10-6 89 10000 SH Sole 10000 BP Amoco PLC Sponsd Adr COM 055622-10-4 228 3926 SH Sole 3926 Bank Of Amer Corp COM 060505-10-4 1009 66997 SH Sole 66997 Beckman Coulter COM 075811-10-9 274 4184 SH Sole 4184 Berkshire Hathwy Cl A COM 084670-10-8 496 5 SH Sole 5 Berkshire Hathwy Cl B COM 084670-20-7 10387 3161 SH Sole 3161 Boston Properties COM 101121-10-1 396 5900 SH Sole 5900 Broadridge Fincl Soltns COM 11133T-10-3 201 8900 SH Sole 8900 Burlington Northn COM 12189T-10-4 355 3601 SH Sole 3601 Chevrontexaco Corp Com COM 166764-10-0 208 2708 SH Sole 2708 Coca-Cola Corp COM 191216-10-0 3753 65837 SH Sole 65837 Covidien PLC COM G2552X-10-8 2695 56272 SH Sole 56272 Dell Computer Corp Com COM 24702r-10-1 3495 243406 SH Sole 243406 Dover Corp Com COM 260003-10-8 2785 66922 SH Sole 66922 Dover Motorsports Inc COM 260174-10-7 286 136625 SH Sole 136625 Exxon Mobil Corp COM 30231g-10-2 2586 37924 SH Sole 37924 Farmer Bros Corp COM 307675-10-8 952 48250 SH Sole 48250 Federal Rlty Invt Tr COM 313747-20-6 450 6650 SH Sole 6650 First Natl Bk Alaska COM 32112J-10-6 590 342 SH Sole 342 Fortune Brands Inc COM 349631-10-1 531 12296 SH Sole 12296 General Electric Corp COM 369604-10-3 353 23344 SH Sole 23344 Genuine Parts Co Com COM 372460-10-5 3502 92263 SH Sole 92263 Gladstone Capital Corp COM 376535-10-0 1294 168300 SH Sole 168300 Glaxo Holdings Plc COM 37733w-10-5 1650 39047 SH Sole 39047 HCP Inc. COM 40414L-10-9 388 12700 SH Sole 12700 Harley Davidson Inc Com COM 412822-10-8 295 11700 SH Sole 11700 Hasbro Inc Com COM 418056-10-7 4078 127189 SH Sole 127189 Hewlett Packard Co COM 428236-10-3 217 4214 SH Sole 4214 Home Depot Inc Com COM 437076-10-2 2965 102476 SH Sole 102476 Home Properties COM 437306-10-3 310 6500 SH Sole 6500 IShares Tr MSCI Eafe IdxCOM 464287-46-5 258 4671 SH Sole 4671 Intrntnl Buss Machine COM 459200-10-1 263 2008 SH Sole 2008 International Spdwy Cl ACOM 460335-20-1 2051 72099 SH Sole 72099 Johnson & Johnso COM 478160-10-4 5669 88019 SH Sole 88019 Leucadia National Corp COM 527288-10-4 2826 118795 SH Sole 118795 Lowes Cos Inc Com COM 548661-10-7 1387 59300 SH Sole 59300 Markel Corp Com COM 570535-10-4 7043 20716 SH Sole 20716 Marsh & McLennan Cos COM 571748-10-2 2565 116150 SH Sole 116150 McCormick & Co Inc Com COM 579780-20-6 2918 80763 SH Sole 80763 McDonalds Corp COM 580135-10-1 290 4650 SH Sole 4650 Mohawk Inds Inc Com COM 608190-10-4 729 15325 SH Sole 15325 Nestle Sa-Adr Repstg COM 641069-40-6 882 18237 SH Sole 18237 Norfolk Southern Corp COM 655844-10-8 3177 60604 SH Sole 60604 Paychex Inc COM 704326-10-7 4235 138207 SH Sole 138207 Pepsico Inc COM 713448-10-8 211 3471 SH Sole 3471 Pfizer Inc Com COM 717081-10-3 241 13226 SH Sole 13226 Philip Morris Intl Inc COM 718172-10-9 212 4395 SH Sole 4395 Plum Creek Timber DepostCOM 729251-10-8 842 22292 SH Sole 22292 Procter & Gamble Co COM 742718-10-9 3429 56553 SH Sole 56553 Progressive Corp Ohio COM 743315-10-3 3483 193584 SH Sole 193584 Royal Dutch Shl Plc Adr COM 780257-80-4 726 12075 SH Sole 12075 Royce Value Trust Inc COM 780910-10-5 309 28610 SH Sole 28609.997 Sandy Spring Bancorp COM 800363-10-3 1361 153052 SH Sole 153052 SPDR Tr Unit Ser 1 COM 78462f-10-3 375 3368 SH Sole 3368.44 St Joe Corporation COM 790148-10-0 3065 106081 SH Sole 106081 Sysco Corp COM 871829-10-7 3318 118753 SH Sole 118753 Target Corp Com COM 87612e-10-6 386 7980 SH Sole 7980 Tyco Electronics COM G9144P-10-5 2495 101639 SH Sole 101639 Tyco Intl Ltd New Com COM 902124-10-6 2233 62578 SH Sole 62578 Verizon Communications COM 92343v-10-4 271 8173 SH Sole 8173 Wal Mart Stores Inc Com COM 931142-10-3 6769 126646 SH Sole 126646 Walt Disney Holding Co COM 254687-10-6 4979 154400 SH Sole 154400 Washington Post Co Cl B COM 939640-10-8 3459 7868 SH Sole 7868 Washington Rl EstInv Tr COM 939653-10-1 659 23903 SH Sole 23903 Wells Fargo & Co (new) COM 949746-10-1 2232 82680 SH Sole 82680