13F-HR 1 t69278_13fhr.txt FORM 13F 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, 2010 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-Nov-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. 28-11408 Cornerstone Investment Partners, LLC 28-12146 Carl Domino, Inc. 28-694 JPMorgan Chase & Co. Report Summary: Number of Other Included Managers: None ----------- Form 13F Information Table Entry Total: 62 ----------- Form 13F Information Table Value Total: $115,307.68 ----------- (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
TITLE OF INVESTMENT SOLE VOTING NAME OF ISSUER CLASS CUSIP VALUE (X $1000) AMT SH/PRN DISCRETION AUTHORITY ABBOTT LABORATORIES COM 002824 10 0 441.43 8,450.00 SH SOLE 8,450.00 AFLAC INC COM 001055 10 2 3,183.42 61,563.00 SH SOLE 61,563.00 BANK OF AMERICA CORPORATION COM 060505 10 4 315.39 24,070.88 SH SOLE 24,070.88 BARD C R INC COM 067383 10 9 712.51 8,750.00 SH SOLE 8,750.00 BERKSHIRE HATHAWAY INC DEL CL B NEW 084670 70 2 19,531.83 236,234.00 SH SOLE 236,234.00 BERKSHIRE HATHAWAY INC DEL CL A 084670 10 8 8,217.00 66.00 SH SOLE 66.00 BLOUNT INTL INC NEW COM 095180 10 5 391.96 30,790.00 SH SOLE 30,790.00 BROOKFIELD ASSET MGMT INC CL A LTD VT SH 112585 10 4 1,713.83 60,410.00 SH SOLE 60,410.00 C H ROBINSON WORLDWIDE INC COM NEW 12541W 20 9 240.87 3,445.00 SH SOLE 3,445.00 CALAMOS STRATEGIC TOTL RETN COM SH BEN INT 128125 10 1 103.37 11,720.00 SH SOLE 11,720.00 CEMEX SAB DE CV SPON ADR NEW 151290 88 9 874.48 102,880.00 SH SOLE 102,880.00 CHEVRON CORP COM 166764 10 0 3,153.17 38,904.00 SH SOLE 38,904.00 COCA COLA CO COM 191216 10 0 6,785.69 115,955.00 SH SOLE 115,955.00 CONAGRA INCORPORATED COM 205887 10 2 246.83 11,250.00 SH SOLE 11,250.00 CONTANGO OIL & GAS COMPANY COM NEW 21075N 20 4 372.69 7,430.00 SH SOLE 7,430.00 CORELOGIC INC COM 21871D 10 3 287.59 15,010.00 SH SOLE 15,010.00 DELL INC COM 24702R 10 1 3,100.63 239,062.00 SH SOLE 239,062.00 DENTSPLY INTL INC NEW COM 249030 10 7 1,092.10 34,160.00 SH SOLE 34,160.00 DISNEY WALT CO COM DISNEY 254687 10 6 667.96 20,180.00 SH SOLE 20,180.00 EXXON MOBIL CORP COM 30231G 10 2 5,325.00 86,179.00 SH SOLE 86,179.00 FLOWERS FOODS COM 343498 10 1 17,770.42 715,395.44 SH SOLE 715,395.44 GARMIN LTD SHS H2906T 10 9 310.29 10,223.67 SH SOLE 10,223.67 GENERAL ELECTRIC COM 369604 10 3 565.18 34,780.35 SH SOLE 34,780.35 GLOBAL CROSSING LTD SHS NEW G3921A 17 5 161.91 12,600.00 SH SOLE 12,600.00 GRACO INC COM 384109 10 4 612.07 19,290.00 SH SOLE 19,290.00 GREENLIGHT CAPITAL RE LTD CLASS A G4095J 10 9 5,016.76 200,510.00 SH SOLE 200,510.00 IDEXX LABS CORP COM 45168D 10 4 815.94 13,220.00 SH SOLE 13,220.00 IHS INC CL A 451734 10 7 966.96 14,220.00 SH SOLE 14,220.00 INTERFACE INC CL A 458665 10 6 322.88 22,690.00 SH SOLE 22,690.00 INTERNATIONAL TOWER HILL MIN COM 46050R 10 2 63.00 10,000.00 SH SOLE 10,000.00 INTERPUBLIC GROUP COS INC COM 460690 10 0 840.41 83,790.00 SH SOLE 83,790.00 ISHARES TR INDEX S&P GLB100INDX 464287 57 2 1,499.82 25,695.00 SH SOLE 25,695.00 ISHARES TR INDEX BARCLYS TIPS BD 464287 17 6 548.57 5,030.00 SH SOLE 5,030.00 ISHARES TR INDEX S&P 100 IDX FD 464287 10 1 468.91 9,105.00 SH SOLE 9,105.00 JOHNSON & JOHNSON COM 478160 10 4 4,999.37 80,687.00 SH SOLE 80,687.00 KIRBY CORP COM 497266 10 6 839.66 20,960.00 SH SOLE 20,960.00 LABORATORY CORP AMER HLDGS COM NEW 50540R 40 9 1,108.61 14,135.00 SH SOLE 14,135.00 LEVEL 3 COMMUNICATIONS INC COM 52729N 10 0 2,538.44 2,708,252.00 SH SOLE 2,708,252.00 MEREDITH CORP COM 589433 10 1 543.95 16,330.00 SH SOLE 16,330.00 MICROSOFT CORP COM 594918 10 4 592.04 24,174.88 SH SOLE 24,174.88 NIGHTHAWK RADIOLOGY HLDGS IN COM 65411N 10 5 1,608.19 252,068.00 SH SOLE 252,068.00 O REILLY AUTOMOTIVE INC COM 686091 10 9 1,881.95 35,375.00 SH SOLE 35,375.00 PATTERSON COS INC COM 703395 10 3 1,116.49 38,970.00 SH SOLE 38,970.00 PAYCHEX INC COM 704326 10 7 528.91 19,240.00 SH SOLE 19,240.00 PEPSICO INC COM 713448 10 8 1,115.20 16,785.00 SH SOLE 16,785.00 PERKINELMER INC COM 714046 10 9 931.50 40,255.00 SH SOLE 40,255.00 PERRIGO CO COM 714290 10 3 457.25 7,120.00 SH SOLE 7,120.00 POLO RALPH LAUREN CORP CL A 731572 10 3 944.88 10,515.00 SH SOLE 10,515.00 POOL CORPORATION COM 73278L 10 5 379.93 18,930.00 SH SOLE 18,930.00 PROCTER & GAMBLE CO COM 742718 10 9 2,505.01 41,771.00 SH SOLE 41,771.00 SHERWIN WILLIAMS CO COM 824348 10 6 1,292.78 17,205.00 SH SOLE 17,205.00 SIGMA ALDRICH CORP COM 826552 10 1 787.96 13,050.00 SH SOLE 13,050.00 SIGNET JEWELERS LIMITED SHS G81276 10 0 1,255.95 39,570.00 SH SOLE 39,570.00 SYNOVUS FINANCIAL CORP COM 87161C 10 5 101.70 41,341.00 SH SOLE 41,341.00 TOTAL SYSTEMS SERVICES, INC. COM 891906 10 9 529.54 34,747.00 SH SOLE 34,747.00 TRIAD GUARANTY INC COM 895925 10 5 7.89 39,461.00 SH SOLE 39,461.00 VERIZON COMMUNICATIONS INC COM 92343V 10 4 249.31 7,650.00 SH SOLE 7,650.00 VODAFONE GROUP PLC NEW SPON ADR NEW 92857W 20 9 268.94 10,840.00 SH SOLE 10,840.00 WABTEC CORP COM 929740 10 8 837.28 17,520.00 SH SOLE 17,520.00 WASHINGTON POST CO CL B CL B 939640 10 8 325.52 815.00 SH SOLE 815.00 WRIGHT EXPRESS CORP COM 98233Q 10 5 540.65 15,140.00 SH SOLE 15,140.00 YUM BRANDS INC COM 988498 10 1 297.92 6,468.00 SH SOLE 6,468.00 # of Holdings 62 115,307.68