13F-HR 1 t67154_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: December 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 16-Feb-10 ------------------ ---------------- --------- [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 Report Summary: Number of Other Included Managers: None ----------- Form 13F Information Table Entry Total: 66 ----------- Form 13F Information Table Value Total: $106,209.51 ----------- (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 0 483.21 8,950.00 SH SOLE 8,950.00 AFLAC INC COM 001055 10 2 2,841.83 61,445.00 SH SOLE 61,445.00 BANK OF AMERICA CORPORATION COM 060505 10 4 222.49 14,773.44 SH SOLE 14,773.44 BARD C R INC COM 067383 10 9 236.82 3,040.00 SH SOLE 3,040.00 BERKSHIRE HATHAWAY INC DEL CL B 084670 20 7 13,732.19 4,179.00 SH SOLE 4,179.00 BERKSHIRE HATHAWAY INC DEL CL A 084670 10 8 13,193.60 133.00 SH SOLE 133.00 BROOKFIELD ASSET MGMT INC CL A LTD VT SH 112585 10 4 1,480.96 66,770.00 SH SOLE 66,770.00 BROWN & BROWN INC COM 115236 10 1 862.47 47,995.00 SH SOLE 47,995.00 C H ROBINSON WORLDWIDE INC COM NEW 12541W 20 9 389.67 6,635.00 SH SOLE 6,635.00 CB RICHARD ELLIS GROUP INC A CL A 12497T 10 1 553.72 40,805.00 SH SOLE 40,805.00 CEMEX SAB DE CV SPON ADR NEW 151290 88 9 1,479.84 125,198.00 SH SOLE 125,198.00 CHEVRON CORP COM 166764 10 0 833.34 10,824.00 SH SOLE 10,824.00 CHURCH & DWIGHT INC COM 171340 10 2 610.85 10,105.00 SH SOLE 10,105.00 COCA COLA CO COM 191216 10 0 5,910.62 103,695.00 SH SOLE 103,695.00 CONAGRA INCORPORATED COM 205887 10 2 279.14 12,110.00 SH SOLE 12,110.00 CONTANGO OIL & GAS COMPANY COM NEW 21075N 20 4 358.69 7,630.00 SH SOLE 7,630.00 DELL INC COM 24702R 10 1 4,375.38 304,692.00 SH SOLE 304,692.00 DENTSPLY INTL INC NEW COM 249030 10 7 719.75 20,465.00 SH SOLE 20,465.00 DIRECTV COM CL A 25490A 10 1 926.13 27,770.00 SH SOLE 27,770.00 DISNEY WALT CO COM DISNEY 254687 10 6 675.80 20,955.00 SH SOLE 20,955.00 EXXON MOBIL CORP COM 30231G 10 2 4,012.57 58,844.00 SH SOLE 58,844.00 FASTENAL CO COM 311900 10 4 258.58 6,210.00 SH SOLE 6,210.00 FIRST AMERN CORP CALIF COM 318522 30 7 433.74 13,100.00 SH SOLE 13,100.00 FLOWERS FOODS COM 343498 10 1 16,171.47 680,617.25 SH SOLE 680,617.25 FRANKLIN ELECTRIC CO COM 353514 10 2 382.01 13,150.00 SH SOLE 13,150.00 GENERAL ELECTRIC COM 369604 10 3 452.95 29,937.00 SH SOLE 29,937.00 GREENLIGHT CAPITAL RE LTD CLASS A G4095J 10 9 3,314.63 140,510.00 SH SOLE 140,510.00 HCC INS HLDGS INC COM 404132 10 2 437.17 15,630.00 SH SOLE 15,630.00 HOME DEPOT INC COM 437076 10 2 203.81 7,045.00 SH SOLE 7,045.00 IDEXX LABS CORP COM 45168D 10 4 466.08 8,720.00 SH SOLE 8,720.00 IHS INC CL A 451734 10 7 720.20 13,140.00 SH SOLE 13,140.00 ISHARES TR INDEX S&P 100 IDX FD 464287 10 1 1,079.47 20,981.00 SH SOLE 20,981.00 ISHARES TR INDEX S&P GLB100INDX 464287 57 2 523.09 8,682.00 SH SOLE 8,682.00 ISHARES TR INDEX BARCLYS TIPS BD 464287 17 6 270.14 2,600.00 SH SOLE 2,600.00 JOHNSON & JOHNSON COM 478160 10 4 4,621.42 71,750.00 SH SOLE 71,750.00 JONES LANG LASALLE INC COM 48020Q 10 7 225.29 3,730.00 SH SOLE 3,730.00 KIRBY CORP COM 497266 10 6 641.22 18,410.00 SH SOLE 18,410.00 LABORATORY CORP AMER HLDGS COM NEW 50540R 40 9 887.98 11,865.00 SH SOLE 11,865.00 LEVEL 3 COMMUNICATIONS INC COM 52729N 10 0 2,909.98 1,901,947.00 SH SOLE 1,901,947.00 MASTECH HOLDINGS INC COM 57633B 10 0 85.66 18,225.00 SH SOLE 18,225.00 MEDTRONIC INC COM 585055 10 6 263.22 5,985.00 SH SOLE 5,985.00 MEREDITH CORP COM 589433 10 1 480.33 15,570.00 SH SOLE 15,570.00 MICROSOFT CORP COM 594918 10 4 733.42 24,062.40 SH SOLE 24,062.40 MILLIPORE CORP COM 601073 10 9 647.17 8,945.00 SH SOLE 8,945.00 MOHAWK INDS INC COM 608190 10 4 614.28 12,905.00 SH SOLE 12,905.00 MONSANTO CO NEW COM 61166W 10 1 228.00 2,789.00 SH SOLE 2,789.00 O REILLY AUTOMOTIVE INC COM 686091 10 9 1,135.40 29,785.00 SH SOLE 29,785.00 PATTERSON COS INC COM 703395 10 3 849.05 30,345.00 SH SOLE 30,345.00 PAYCHEX INC COM 704326 10 7 290.77 9,490.00 SH SOLE 9,490.00 PEPSICO INC COM 713448 10 8 1,276.50 20,995.00 SH SOLE 20,995.00 PERKINELMER INC COM 714046 10 9 594.33 28,865.00 SH SOLE 28,865.00 POLO RALPH LAUREN CORP CL A 731572 10 3 584.27 7,215.00 SH SOLE 7,215.00 POOL CORPORATION COM 73278L 10 5 274.56 14,390.00 SH SOLE 14,390.00 PROCTER & GAMBLE CO COM 742718 10 9 2,384.94 39,336.00 SH SOLE 39,336.00 RUBY TUESDAY, INC. COM 781182 10 0 2,222.24 308,645.00 SH SOLE 308,645.00 SHERWIN WILLIAMS CO COM 824348 10 6 949.10 15,395.00 SH SOLE 15,395.00 SIGNET JEWELERS LIMITED SHS G81276 10 0 466.04 17,250.00 SH SOLE 17,250.00 STRAYER ED INC COM 863236 10 5 750.20 3,530.00 SH SOLE 3,530.00 SYNOVUS FINANCIAL CORP COM 87161C 10 5 105.93 51,671.00 SH SOLE 51,671.00 THERMO FISHER SCIENTIFIC COM 883556 10 2 363.16 7,615.00 SH SOLE 7,615.00 TOTAL SYSTEMS SERVICES, INC. COM 891906 10 9 532.71 30,846.00 SH SOLE 30,846.00 TRIAD GUARANTY INC COM 895925 10 5 10.65 39,461.00 SH SOLE 39,461.00 VCA ANTECH INC COM 918194 10 1 395.73 15,880.00 SH SOLE 15,880.00 WASHINGTON POST CO CL B CL B 939640 10 8 1,132.85 2,577.00 SH SOLE 2,577.00 WILLIAMS SONOMA INC COM 969904 10 1 434.51 20,910.00 SH SOLE 20,910.00 YUM BRANDS INC COM 988498 10 1 226.19 6,468.00 SH SOLE 6,468.00 ------------- # of holdings reported 66 106,209.51 =============