0001188112-12-000383.txt : 20120214 0001188112-12-000383.hdr.sgml : 20120214 20120214123501 ACCESSION NUMBER: 0001188112-12-000383 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20111231 FILED AS OF DATE: 20120214 DATE AS OF CHANGE: 20120214 EFFECTIVENESS DATE: 20120214 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Southeast Asset Advisors Inc. CENTRAL INDEX KEY: 0001390003 IRS NUMBER: 581961109 STATE OF INCORPORATION: GA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-12363 FILM NUMBER: 12606539 BUSINESS ADDRESS: STREET 1: 314 GORDON AVENUE CITY: THOMASVILLE STATE: GA ZIP: 31792 BUSINESS PHONE: 912-226-8839 MAIL ADDRESS: STREET 1: 314 GORDON AVENUE CITY: THOMASVILLE STATE: GA ZIP: 31792 13F-HR 1 t72542_13f-hr.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: December 31, 2011 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 13-Feb-12 ------------------ --------------- --------- [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. Report Summary: Number of Other Included Managers: None ------------ Form 13F Information Table Entry Total: 88 ------------ Form 13F Information Table Value Total: $ 161,203.27 ------------ (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
INVESTMENT NAME OF ISSUER TITLE OF CLASS CUSIP VALUE (X 1,000) AMT SH/PRN DISCRETION SOLE VOTING AUTHORITY ----------------------------------------------------------------------------------------------------------------------------------- ABBOTT LABORATORIES COM 002824 10 0 572.98 10,190.00 SH SOLE 10,190.00 ABERDEEN ASIA PACIFIC INCOM COM 003009 10 7 220.98 30,147.58 SH SOLE 30,147.58 ABERDEEN GLOBAL INCOME FD IN COM 003013 10 9 395.72 28,469.42 SH SOLE 28,469.42 AFLAC INC COM 001055 10 2 3,343.18 77,281.00 SH SOLE 77,281.00 ALIMERA SCIENCES INC COM 016259 10 3 47.75 38,200.00 SH SOLE 38,200.00 ALTRIA GROUP INC COM 02209S 10 3 214.87 7,246.75 SH SOLE 7,246.75 AMETEK INC NEW COM 031100 10 0 1,191.01 28,290.00 SH SOLE 28,290.00 AMPHENOL CORP NEW CL A 032095 10 1 390.81 8,610.00 SH SOLE 8,610.00 AT&T INC COM 00206R 10 2 476.40 15,754.00 SH SOLE 15,754.00 BANK OF AMERICA CORPORATION COM 060505 10 4 205.73 37,001.26 SH SOLE 37,001.26 BANK OF AMERICA CORPORATION *W EXP 01/16/201 060505 14 6 67.77 33,550.00 SH SOLE 33,550.00 BENIHANA INC COM 082047 10 1 421.32 41,185.00 SH SOLE 41,185.00 BERKSHIRE HATHAWAY INC DEL CL B NEW 084670 70 2 16,904.11 221,548.00 SH SOLE 221,548.00 BERKSHIRE HATHAWAY INC DEL CL A 084670 10 8 6,426.28 56.00 SH SOLE 56.00 BLOUNT INTL INC NEW COM 095180 10 5 520.11 35,820.00 SH SOLE 35,820.00 BRISTOL MYERS SQUIBB CO COM 110122 10 8 239.63 6,800.00 SH SOLE 6,800.00 BROOKFIELD ASSET MGMT INC CL A LTD VT SH 112585 10 4 1,453.69 52,900.00 SH SOLE 52,900.00 CBRE GROUP INC CL A 12504L 10 9 562.99 36,990.00 SH SOLE 36,990.00 CEMEX SAB DE CV SPON ADR NEW 151290 88 9 297.18 55,136.00 SH SOLE 55,136.00 CHEVRON CORP COM 166764 10 0 7,751.77 72,855.00 SH SOLE 72,855.00 COCA COLA CO COM 191216 10 0 8,763.32 125,243.91 SH SOLE 125,243.91 COMPASS MINERALS INTL INC COM 20451N 10 1 253.37 3,680.00 SH SOLE 3,680.00 CONAGRA INCORPORATED COM 205887 10 2 297.00 11,250.00 SH SOLE 11,250.00 CONTANGO OIL & GAS COMPANY COM NEW 21075N 20 4 372.35 6,400.00 SH SOLE 6,400.00 DELL INC COM 24702R 10 1 7,240.21 494,888.00 SH SOLE 494,888.00 DENISON MINES CORP COM 248356 10 7 26.89 21,513.00 SH SOLE 21,513.00 DENTSPLY INTL INC NEW COM 249030 10 7 750.40 21,446.00 SH SOLE 21,446.00 DIRECTV COM CL A 25490A 10 1 204.39 4,780.00 SH SOLE 4,780.00 DISNEY WALT CO COM DISNEY 254687 10 6 423.75 11,300.00 SH SOLE 11,300.00 ECOLAB INC COM 278865 10 0 317.96 5,500.00 SH SOLE 5,500.00 EXPEDITORS INTL WASH INC COM 302130 10 9 799.95 19,530.00 SH SOLE 19,530.00 EXXON MOBIL CORP COM 30231G 10 2 13,102.79 154,587.00 SH SOLE 154,587.00 FIRST REP BK SAN FRAN CALI N COM 33616C 10 0 651.69 21,290.00 SH SOLE 21,290.00 FLOWERS FOODS COM 343498 10 1 25,472.28 1,342,059.08 SH SOLE 1,342,059.08 GARMIN LTD SHS H2906T 10 9 1,489.69 37,420.00 SH SOLE 37,420.00 GENERAL ELECTRIC COM 369604 10 3 247.26 13,805.45 SH SOLE 13,805.45 GRACO INC COM 384109 10 4 302.18 7,390.00 SH SOLE 7,390.00 GREENLIGHT CAPITAL RE LTD CLASS A G4095J 10 9 6,059.21 255,987.00 SH SOLE 255,987.00 HARRY WINSTON DIAMOND CORP COM 41587B 10 0 108.74 10,210.00 SH SOLE 10,210.00 HEINZ H J CO COM 423074 10 3 725.22 13,420.00 SH SOLE 13,420.00 IDEXX LABS CORP COM 45168D 10 4 882.73 11,470.00 SH SOLE 11,470.00 IHS INC CL A 451734 10 7 1,189.01 13,800.00 SH SOLE 13,800.00 INTEL CORP COM 458140 10 0 2,493.26 102,815.00 SH SOLE 102,815.00 INTERFACE INC CL A 458665 10 6 476.83 41,320.00 SH SOLE 41,320.00 INTERNATIONAL BUSINESS MACHS COM 459200 10 1 1,040.40 5,658.04 SH SOLE 5,658.04 INTERPUBLIC GROUP COS INC COM 460690 10 0 966.29 99,310.00 SH SOLE 99,310.00 INVESCO MUNI PREM INC TRST COM 46133E 10 2 223.50 25,000.00 SH SOLE 25,000.00 INVESCO QUALITY MUNI INC TRS COM 46133G 10 7 171.76 12,780.00 SH SOLE 12,780.00 ISHARES TR RUSL 2000 GROW 464287 64 8 842.30 10,000.00 SH SOLE 10,000.00 ISHARES TR S&P 100 IDX FD 464287 10 1 240.67 4,220.00 SH SOLE 4,220.00 ISHARES TR BARCLYS TIPS BD 464287 17 6 208.88 1,790.00 SH SOLE 1,790.00 ISHARES TR S&P GLB100INDX 464287 57 2 202.09 3,488.00 SH SOLE 3,488.00 ITT CORP NEW COM NEW 450911 20 1 217.69 11,262.00 SH SOLE 11,262.00 ITT EDUCATIONAL SERVICES INC COM 45068B 10 9 281.61 4,950.00 SH SOLE 4,950.00 JOHNSON & JOHNSON COM 478160 10 4 6,475.89 98,748.00 SH SOLE 98,748.00 KIRBY CORP COM 497266 10 6 1,567.32 23,805.00 SH SOLE 23,805.00 KRAFT FOODS INC CL A 50075N 10 4 1,097.35 29,372.38 SH SOLE 29,372.38 LABORATORY CORP AMER HLDGS COM NEW 50540R 40 9 621.99 7,235.00 SH SOLE 7,235.00 LEVEL 3 COMMUNICATIONS COM NEW 52729N 30 8 7,319.85 430,833.00 SH SOLE 430,833.00 LEXICON PHARMACEUTICALS INC COM 528872 10 4 17.27 13,390.00 SH SOLE 13,390.00 MARKEL CORP COM 570535 10 4 999.35 2,410.00 SH SOLE 2,410.00 MERCK & CO INC NEW COM 58933Y 10 5 219.19 5,814.00 SH SOLE 5,814.00 MICROSOFT CORP COM 594918 10 4 4,205.56 162,001.68 SH SOLE 162,001.68 MONSANTO CO NEW COM 61166W 10 1 212.31 3,030.00 SH SOLE 3,030.00 MULTIBAND CORP COM NEW 62544X 20 9 45.54 14,100.00 SH SOLE 14,100.00 NEXTERA ENERGY INC COM 65339F 10 1 365.28 6,000.00 SH SOLE 6,000.00 O REILLY AUTOMOTIVE INC NEW COM 67103H 10 7 1,606.60 20,095.00 SH SOLE 20,095.00 PATTERSON COS INC COM 703395 10 3 916.30 31,040.00 SH SOLE 31,040.00 PAYCHEX INC COM 704326 10 7 504.94 16,770.00 SH SOLE 16,770.00 PEPSICO INC COM 713448 10 8 920.94 13,880.00 SH SOLE 13,880.00 PERKINELMER INC COM 714046 10 9 841.50 42,075.00 SH SOLE 42,075.00 PERRIGO CO COM 714290 10 3 616.88 6,340.00 SH SOLE 6,340.00 PFIZER INC COM 717081 10 3 501.77 23,187.00 SH SOLE 23,187.00 PROCTER & GAMBLE CO COM 742718 10 9 3,028.37 45,396.00 SH SOLE 45,396.00 ROYAL DUTCH SHELL PLC SPONS ADR A 780259 20 6 292.36 4,000.00 SH SOLE 4,000.00 SHERWIN WILLIAMS CO COM 824348 10 6 2,015.27 22,575.00 SH SOLE 22,575.00 SIGMA ALDRICH CORP COM 826552 10 1 1,467.81 23,500.00 SH SOLE 23,500.00 SIGNET JEWELERS LIMITED SHS G81276 10 0 1,419.91 32,300.00 SH SOLE 32,300.00 SOUTHERN CO COM 842587 10 7 289.08 6,245.00 SH SOLE 6,245.00 SPDR GOLD TRUST GOLD SHS 78463V 10 7 302.46 1,990.00 SH SOLE 1,990.00 SYNOVUS FINANCIAL CORP COM 87161C 10 5 122.68 87,010.11 SH SOLE 87,010.11 TOTAL SYSTEMS SERVICES, INC. COM 891906 10 9 655.01 33,487.04 SH SOLE 33,487.04 TRANSDIGM GROUP INC COM 893641 10 0 985.03 10,295.00 SH SOLE 10,295.00 VERIZON COMMUNICATIONS INC COM 92343V 10 4 324.57 8,090.00 SH SOLE 8,090.00 VODAFONE GROUP PLC NEW SPON ADR NEW 92857W 20 9 322.35 11,500.00 SH SOLE 11,500.00 WABTEC CORP COM 929740 10 8 1,578.07 22,560.00 SH SOLE 22,560.00 XYLEM INC COM 98419M 10 0 212.84 8,285.00 SH SOLE 8,285.00 YUM BRANDS INC COM 988498 10 1 381.68 6,468.00 SH SOLE 6,468.00 --------------- # OF HOLDINGS 88 161,203.27 ===============