13F-HR 1 t65550_13fhr.txt FORM 13F-HR UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F Form 13F COVER PAGE Report for the calendar Year of Quarter Ended: March 31, 2009 Check here for Amendment [ ]; Amendment Number: ___ This Amendment (Check only one.): [ ] is a restatement. [ ] adds new holding entries Institutional Investment Manager Filing Manager Filing This Report: Name: Southeast Asset Advisors Address: 314 Gordon Avenue Thomasville, GA 31792 Form 13 F File Number 28-12363 The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person singing 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: Mark Saussy Title: Managing Director Phone: 229-226-8839 Signature, Place, and Date of Signing /s/ Mark C. Saussy Thomasville, GA 15-May-2009 ------------------ ---------------- ----------- [Signature] [City, State] [Date] Report Type (Check only one): [ ] 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).) [x] 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).) List of Other Managers Reporting for this Manager: [If there are no entries in this list, omit this section.] Form 13F File Number Name -------------------- ---- 28-01880 Anchor Capital Advisors, LLC 28-2013 Harris Associates, LP 28-41980 Select Equity Group, Inc. 28-3459 Smith Asset Management Group, LP 28-01474 NWQ Investment Management Company, LLC Report Summary: Number of Other Included Managers: None ------------- Form 13F Information Table Entry Total: 56 ------------- Form 13F Information Table Value Total: $ 78,055.03 ------------- (thousands) List of Other Included Managers: 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
SOLE INVESTMENT VOTING NAME OF ISSUER TITLE OF CLASS CUSIP VALUE (x1,000) AMT SH / PRN DISCRETION AUTHORITY ABBOTT LABORATORIES COM 002824 10 0 426.92 8,950 SH SOLE 8,950 AFLAC INC COM 001055 10 2 1,197.32 61,845 SH SOLE 61,845 ALPHA PRO TECH LTD COM 020772 10 9 24.12 24,366 SH SOLE 24,366 APOLLO GROUP INC CL A 037604 10 5 712.80 9,100 SH SOLE 9,100 BERKSHIRE HATHAWAY INC DEL CL A 084670 10 8 11,617.80 134 SH SOLE 134 BERKSHIRE HATHAWAY INC DEL CL B 084670 20 7 12,131.64 4,302 SH SOLE 4,302 BROOKFIELD ASSET MGMT INC CL A LTD VT SH 112585 10 4 720.90 52,315 SH SOLE 52,315 BROWN & BROWN INC COM 115236 10 1 968.29 51,205 SH SOLE 51,205 C H ROBINSON WORLDWIDE INC COM NEW 12541W 20 9 477.54 10,470 SH SOLE 10,470 CB RICHARD ELLIS GROUP INC A CL A 12497T 10 1 195.03 48,395 SH SOLE 48,395 CEMEX SAB DE CV SPON ADR NEW 151290 88 9 829.12 132,659 SH SOLE 132,659 CHEVRON CORP COM 166764 10 0 739.57 10,999 SH SOLE 10,999 COCA COLA CO COM 191216 10 0 4,230.63 96,260 SH SOLE 96,260 CONAGRA INCORPORATED COM 205887 10 2 221.17 13,110 SH SOLE 13,110 DELL INC COM 24702R 10 1 3,381.75 356,725 SH SOLE 356,725 DENTSPLY INTL INC NEW COM 249030 10 7 236.82 8,820 SH SOLE 8,820 DISNEY WALT CO COM DISNEY 254687 10 6 380.54 20,955 SH SOLE 20,955 EXXON MOBIL CORP COM 30231G 10 2 4,001.28 58,756 SH SOLE 58,756 FAIRFAX FINANCIAL HLDGS LTD SUB VTG 303901 10 2 1,956.36 7,510 SH SOLE 7,510 FASTENAL CO COM 311900 10 4 505.80 15,730 SH SOLE 15,730 FLOWERS FOODS COM 343498 10 1 12,128.13 516,530 SH SOLE 516,530 FRANKLIN ELECTRIC CO COM 353514 10 2 403.43 18,230 SH SOLE 18,230 GENERAL ELECTRIC COM 369604 10 3 206.42 20,417 SH SOLE 20,417 GREENLIGHT CAPITAL RE LTD CLASS A G4095J 10 9 1,310.26 82,045 SH SOLE 82,045 HCC INS HLDGS INC COM 404132 10 2 641.59 25,470 SH SOLE 25,470 IDEXX LABS CORP COM 45168D 10 4 309.49 8,950 SH SOLE 8,950 ISHARES TR S&P GLB100INDX 464287 57 2 457.23 10,822 SH SOLE 10,822 ISHARES TR S&P 100 IDX FD 464287 10 1 726.15 19,246 SH SOLE 19,246 JOHNSON & JOHNSON COM 478160 10 4 2,198.15 41,790 SH SOLE 41,790 KIRBY CORP COM 497266 10 6 571.83 21,465 SH SOLE 21,465 LABORATORY CORP AMER HLDGS COM NEW 50540R 40 9 522.90 8,940 SH SOLE 8,940 LEVEL 3 COMMUNICATIONS INC COM 52729N 10 0 1,436.84 1,561,782 SH SOLE 1,561,782 LIBERTY MEDIA HOLDING CORP NEW ENT COM SER A 53071M 50 0 456.95 22,905 SH SOLE 22,905 LIBERTY MEDIA HOLDING CORP NEW INT COM SER A 53071M 10 4 88.16 30,400 SH SOLE 30,400 MASTECH HOLDINGS INC COM 57633B 10 0 76.18 38,091 SH SOLE 38,091 MEREDITH CORP COM 589433 10 1 399.36 24,000 SH SOLE 24,000 MICROSOFT CORP COM 594918 10 4 470.34 25,603 SH SOLE 25,603 MILLIPORE CORP COM 601073 10 9 638.40 11,120 SH SOLE 11,120 MOHAWK INDS INC COM 608190 10 4 400.26 13,400 SH SOLE 13,400 MONSANTO CO NEW COM 61166W 10 1 413.84 4,980 SH SOLE 4,980 O REILLY AUTOMOTIVE INC COM 686091 10 9 634.73 18,130 SH SOLE 18,130 PATTERSON COS INC COM 703395 10 3 444.15 23,550 SH SOLE 23,550 PAYCHEX INC COM 704326 10 7 480.03 18,700 SH SOLE 18,700 PERKINELMER INC COM 714046 10 9 530.53 41,545 SH SOLE 41,545 PHARMACEUTICAL HOLDRS TRUST DEPOSITRY RCPT 71712A 20 6 214.32 3,800 SH SOLE 3,800 PRICE T ROWE GROUP INC COM 74144T 10 8 603.46 20,910 SH SOLE 20,910 PROCTER & GAMBLE CO COM 742718 10 9 1,867.40 39,656 SH SOLE 39,656 RUBY TUESDAY, INC. COM 781182 10 0 901.24 308,645 SH SOLE 308,645 SHERWIN WILLIAMS CO COM 824348 10 6 581.80 11,195 SH SOLE 11,195 SYMANTEC CORP COM 871503 10 8 258.46 17,300 SH SOLE 17,300 SYNOVUS FINANCIAL CORP COM 87161C 10 5 129.26 39,771 SH SOLE 39,771 THERMO FISHER SCIENTIFIC COM 883556 10 2 630.29 17,670 SH SOLE 17,670 TOTAL SYSTEMS SERVICES, INC. COM 891906 10 9 436.98 31,642 SH SOLE 31,642 TRIAD GUARANTY INC COM 895925 10 5 6.32 39,461 SH SOLE 39,461 VCA ANTECH INC COM 918194 10 1 532.74 23,625 SH SOLE 23,625 WASHINGTON POST CO CL B CL B 939640 10 8 992.02 2,778 SH SOLE 2,778 -------------- # of holdings reported 56 78,055.03 ==============