13F-HR 1 sc13f-hr_16883.txt LOCUST WOOD CAPITAL ADVISERS, LLC ================================================================================ UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 13F FORM 13F COVER PAGE Report for the Calendar Year or Quarter Ended: June 30, 2010 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: Locust Wood Capital Advisers, LLC Address: 1540 Broadway Suite 1504 New York, NY 10036 Form 13F File Number: 28-11558 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: Paul Morris Title: Chief Financial Officer Phone: (212) 354-0193 Signature, Place, and Date of Signing: /s/ Paul Morris New York, NY August 10, 2010 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).) ================================================================================ FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 1 Form 13F Information Table Entry Total: 51 Form I3F Information Table Value Total: $205,823 (thousands) List of Other Included Managers: No. Form 13F File Number Name 1. 28-11881 Locust Wood Capital, LP 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. NONE FORM 13F INFORMATION TABLE (1)
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COL 7 COLUMN 8 TITLE OF VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY NAME OF ISSUER CLASS CUSIP (X$1000) PRN AMT PRN CALL DISCRETION MNGRS SOLE SHARED NONE AIRGAS INC COM 009363102 622 10000 SH SOLE NONE 10000 AMERICAN ELEC PWER INC COM 025537101 2584 80000 SH SOLE NONE 80000 APPLE INC COM 037833100 6791 27000 SH SOLE NONE 27000 AUTOMATIC DATA PROCESSING IN COM 053015103 6643 165000 SH SOLE NONE 165000 BANK OF AMERICA CORPORATION *W EXP10/28/2018 060505153 431 150000 SH SOLE NONE 150000 BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 3937 49400 SH SOLE NONE 49400 CASEYS GEN STORES INC COM 147528103 4014 115000 SH SOLE NONE 115000 CISCO SYS INC COM 17275R102 2131 100000 SH SOLE NONE 100000 CITIGROUP INC COM 172967101 11468 3050000 SH SOLE NONE 3050000 COCA COLA ENTERPRISES INC COM 191219104 1810 70000 SH SOLE NONE 70000 COLONY FINL INC COM 19624R106 4538 268500 SH SOLE NONE 268500 COMCAST CORP NEW CL A 20030N101 3856 222000 SH SOLE NONE 222000 CONOCOPHILLIPS COM 20825C104 9690 197400 SH SOLE NONE 197400 DIAGEO P L C SPON ADR NEW 25243Q205 3401 54200 SH SOLE NONE 54200 DOW CHEM CO COM 260543103 5159 217500 SH SOLE NONE 217500 EBAY INC COM 278642103 1961 100000 SH SOLE NONE 100000 EXXON MOBIL CORP COM 30231G102 8578 150299 SH SOLE NONE 150299 GENERAL GROWTH PPTYS INC COM 370021107 4508 340000 SH SOLE NONE 340000 GOLDMAN SACHS GROUP INC COM 38141G104 6235 47500 SH SOLE NONE 47500 HEWLETT PACKARD CO COM 428236103 6492 150000 SH SOLE NONE 150000 HOLLY ENERGY PARTNERS L P COM UT LTD PTN 435763107 961 21922 SH SOLE NONE 21922 INTERNATIONAL BUSINESS MACHS COM 459200101 12262 99300 SH SOLE NONE 99300 JOHNSON & JOHNSON COM 478160104 2953 50000 SH SOLE NONE 50000 JPMORGAN CHASE & CO *W EXP10/28/2018 46634E114 1264 100000 SH SOLE NONE 100000 JPMORGAN CHASE & CO COM 46625H100 4664 127400 SH SOLE NONE 127400 KAPSTONE PAPER & PACKAGING CORP COM 48562P103 1114 100000 SH SOLE NONE 100000 KRAFT FOODS INC CL A 50075N104 6580 235000 SH SOLE NONE 235000 LABORATORY CORP AMER HLDGS COM NEW 50540R409 5576 74000 SH SOLE NONE 74000 MCDONALDS CORP COM 580135101 4940 75000 SH SOLE NONE 75000 MERCK & CO INC NEW COM 58933Y105 3847 110000 SH SOLE NONE 110000 METLIFE INC COM 59156R108 944 25000 SH SOLE NONE 25000 MICROSOFT CORP COM 594918104 2876 125000 SH SOLE NONE 125000 MOTOROLA INC COM 620076109 4825 740000 SH SOLE NONE 740000 NOVELL INC COM 670006105 710 125000 SH SOLE NONE 125000 ORACLE CORP COM 68389X105 5730 267000 SH SOLE NONE 267000 ORITANI FINL CORP COM 686323106 1913 191347 SH SOLE NONE 191347 PEPSICO INC COM 713448108 7619 125000 SH SOLE NONE 125000 PFIZER INC COM 717081103 3993 280000 SH SOLE NONE 280000 PPL CORP COM 69351T106 2495 100000 SH SOLE NONE 100000 QUESTAR CORP COM 748356102 3753 82500 SH SOLE NONE 82500 SLM CORP COM 78442P106 1559 150000 SH SOLE NONE 150000 STAR GAS PARTNERS L P UNIT LTD PARTNR 85512C105 2180 500000 SH SOLE NONE 500000 TIME WARNER INC COM NEW 887317303 4562 157800 SH SOLE NONE 157800 TRAVELERS COMPANIES INC COM 89417E109 5910 120000 SH SOLE NONE 120000 VIEWPOINT FINL GROUP COM 926727108 1524 110000 SH SOLE NONE 110000 VODAFONE GROUP PLC NEW SPONS ADR NEW 92857W209 5168 250000 SH SOLE NONE 250000 VONAGE HLDGS CORP COM 92886T201 460 200000 SH SOLE NONE 200000 WELLS FARGO & CO NEW PERP PFD CNV A 949746804 900 967 SH SOLE NONE 967 WELLS FARGO & CO NEW *W EXP10/28/2018 949746119 386 50000 SH SOLE NONE 50000 WEST COAST BANCORP ORE NEW COM 952145100 3825 1500000 SH SOLE NONE 1500000 WILLIAMS CO INC DEL COM 969457100 5484 300000 SH SOLE NONE 300000
1. Neither this Form 13F Information Table nor the Form 13F Summary Page includes the managers' holdings of 102,600 common shares of "ALIMENTATION COUCHE S/VTG," CUSIP 01626P403, as of June 30, 2010, the total value of which were $1,728,000; 122,300 preferred shares of "BANK OF AMERICA CORP.," CUSIP 060505831, as of June 30, 2010, the total value of which were $2,337,000; 15,000 common shares of "FOSTERS GROUP LIMITED," CUSIP 993678168, as of June 30, 2010, the total value of which were $85,000; 658,984 common shares of "KKR PRIVATE EQUITY INVESTORS," CUSIP 9999271D0, as of June 30, 2010, the total value of which were $6,234,000; or 50,000 common shares of "NESTLE S.A. ADR," CUSIP 641069406, as of June 30, 2010, the total value of which were $2,412,000. The reason these shares are not listed is that these securities do not appear on the List of Section 13F Securities for the second quarter of fiscal year 2010.