13F-HR 1 t66671_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: September 30, 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 16-Nov-09 ------------------ ---------------- --------- [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 -------------------- ---- 28-2013 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: 64 ----------- Form 13F Information Table Value Total: $108,233.41 ----------- (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
NAME OF ISSUER TITLE OF CLASS CUSIP VALUE (X 1,000) AMT SH/PRN INVESTMENT DISCRETION SOLE VOTING AUTHORITY ABBOTT LABORATORIES COM 002824 10 0 442.76 8,950 SH SOLE 8,950 AFLAC INC COM 001055 10 2 2,626.16 61,445 SH SOLE 61,445 BERKSHIRE HATHAWAY INC DEL CL B 084670 20 7 13,920.05 4,189 SH SOLE 4,189 BERKSHIRE HATHAWAY INC DEL CL A 084670 10 8 13,433.00 133 SH SOLE 133 BROOKFIELD ASSET MGMT INC CL A LTD VT 112585 10 4 1,027.29 45,235 SH SOLE 45,235 BROWN & BROWN INC COM 115236 10 1 926.67 48,365 SH SOLE 48,365 C H ROBINSON WORLDWIDE INC COM NEW 12541W 20 9 576.35 9,980 SH SOLE 9,980 CB RICHARD ELLIS GROUP INC A CL A 12497T 10 1 389.59 33,185 SH SOLE 33,185 CEMEX SAB DE CV SPON ADR NEW 151290 88 9 1,652.13 127,874 SH SOLE 127,874 CHEVRON CORP COM 166764 10 0 774.66 10,999 SH SOLE 10,999 CHURCH & DWIGHT INC COM 171340 10 2 678.61 11,960 SH SOLE 11,960 COCA COLA CO COM 191216 10 0 5,588.02 104,060 SH SOLE 104,060 CONAGRA INCORPORATED COM 205887 10 2 284.22 13,110 SH SOLE 13,110 CONTANGO OIL & GAS COMPANY COM NEW 21075N 20 4 389.59 7,630 SH SOLE 7,630 CORPORATE EXECUTIVE BRD CO COM 21988R 10 2 224.35 9,010 SH SOLE 9,010 DELL INC COM 24702R 10 1 5,474.78 358,767 SH SOLE 358,767 DENTSPLY INTL INC NEW COM 249030 10 7 507.39 14,690 SH SOLE 14,690 DISNEY WALT CO COM DISNEY 254687 10 6 575.42 20,955 SH SOLE 20,955 EXXON MOBIL CORP COM 30231G 10 2 4,031.25 58,756 SH SOLE 58,756 FAIRFAX FINANCIAL HLDGS LTD SUB VTG 303901 10 2 2,682.23 7,235 SH SOLE 7,235 FASTENAL CO COM 311900 10 4 745.36 19,260 SH SOLE 19,260 FLOWERS FOODS COM 343498 10 1 18,620.44 708,271 SH SOLE 708,271 FRANKLIN ELECTRIC CO COM 353514 10 2 533.06 18,580 SH SOLE 18,580 GENERAL ELECTRIC COM 369604 10 3 434.10 26,437 SH SOLE 26,437 GREENLIGHT CAPITAL RE LTD CLASS A G4095J 10 9 2,166.61 115,245 SH SOLE 115,245 HCC INS HLDGS INC COM 404132 10 2 700.98 25,630 SH SOLE 25,630 IDEXX LABS CORP COM 45168D 10 4 440.50 8,810 SH SOLE 8,810 IHS INC CL A 451734 10 7 564.99 11,050 SH SOLE 11,050 ISHARES TR INDEX S&P 100 IDX FD 464287 10 1 1,058.52 21,691 SH SOLE 21,691 ISHARES TR INDEX S&P GLB100INDX 464287 57 2 551.84 9,472 SH SOLE 9,472 ISHARES TR INDEX BARCLYS TIPS BD 464287 17 6 293.21 2,850 SH SOLE 2,850 JOHNSON & JOHNSON COM 478160 10 4 2,598.18 42,670 SH SOLE 42,670 KIRBY CORP COM 497266 10 6 683.93 18,575 SH SOLE 18,575 LABORATORY CORP AMER HLDGS COM NEW 50540R 40 9 674.74 10,270 SH SOLE 10,270 LEVEL 3 COMMUNICATIONS INC COM 52729N 10 0 2,114.72 1,521,382 SH SOLE 1,521,382 LIBERTY MEDIA HOLDING CORP NEW ENT COM SER A 53071M 50 0 712.57 22,905 SH SOLE 22,905 LIBERTY MEDIA HOLDING CORP NEW INT COM SER A 53071M 10 4 333.49 30,400 SH SOLE 30,400 MASTECH HOLDINGS INC COM 57633B 10 0 130.11 28,825 SH SOLE 28,825 MEDTRONIC INC COM 585055 10 6 220.25 5,985 SH SOLE 5,985 MEREDITH CORP COM 589433 10 1 614.97 20,540 SH SOLE 20,540 MICROSOFT CORP COM 594918 10 4 638.47 24,824 SH SOLE 24,824 MILLIPORE CORP COM 601073 10 9 635.43 9,035 SH SOLE 9,035 MOHAWK INDS INC COM 608190 10 4 620.92 13,020 SH SOLE 13,020 MONSANTO CO NEW COM 61166W 10 1 373.84 4,830 SH SOLE 4,830 O REILLY AUTOMOTIVE INC COM 686091 10 9 935.30 25,880 SH SOLE 25,880 PATTERSON COS INC COM 703395 10 3 745.83 27,370 SH SOLE 27,370 PAYCHEX INC COM 704326 10 7 738.74 25,430 SH SOLE 25,430 PEPSICO INC COM 713448 10 8 1,208.10 20,595 SH SOLE 20,595 PERKINELMER INC COM 714046 10 9 560.37 29,125 SH SOLE 29,125 POLO RALPH LAUREN CORP CL A 731572 10 3 557.79 7,280 SH SOLE 7,280 PROCTER & GAMBLE CO COM 742718 10 9 2,296.88 39,656 SH SOLE 39,656 RUBY TUESDAY, INC. COM 781182 10 0 2,598.79 308,645 SH SOLE 308,645 SHERWIN WILLIAMS CO COM 824348 10 6 933.98 15,525 SH SOLE 15,525 SIGNET JEWELERS LIMITED SHS G81276 10 0 203.27 7,670 SH SOLE 7,670 STRAYER ED INC COM 863236 10 5 776.03 3,565 SH SOLE 3,565 SYMANTEC CORP COM 871503 10 8 284.93 17,300 SH SOLE 17,300 SYNOVUS FINANCIAL CORP COM 87161C 10 5 163.58 43,621 SH SOLE 43,621 THERMO FISHER SCIENTIFIC COM 883556 10 2 625.35 14,320 SH SOLE 14,320 TOTAL SYSTEMS SERVICES, INC. COM 891906 10 9 496.86 30,842 SH SOLE 30,842 TRIAD GUARANTY INC COM 895925 10 5 52.09 39,461 SH SOLE 39,461 VCA ANTECH INC COM 918194 10 1 532.29 19,795 SH SOLE 19,795 WASHINGTON POST CO CL B CL B 939640 10 8 1,213.26 2,592 SH SOLE 2,592 WILLIAMS SONOMA INC COM 969904 10 1 425.84 21,050 SH SOLE 21,050 YUM BRANDS INC COM 988498 10 1 218.36 6,468 SH SOLE 6,468 --------------- # of holdings reported 64 108,233.41 ===============