13F-HR 1 notepadtotaldocument.txt FILING OF 13F FOR 4Q 2003 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 13F FORM 13F COVER PAGE Report for the Calendar Year or Quarter Ended: Dec. 31, 2003 Check here if amendment [ ]; Amendment Number: This Amendment (check only one.) [ ] is a restatement. [ ] adds new holdings entries. Institutional Investment Manager Filing this Report: Name: Donald Smith & Co., Inc. Address: East 80 Route 4, Suite 360 Paramus, New Jersey 07652 13F File Number: 28-1345 The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing 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: Donald Smith Title: President Phone: 201-368-9210 Signature, Place and Date of Signing: Donald Smith Paramus, New Jersey Feb. 3, 2004 Report Type (check only one.): [X] 13F HOLDINGS REPORT [ ] 13F NOTICE [ ] 13F COMBINATION REPORT List of Other Managers Reporting for this Manager: None I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE ACT OF 1934. PAGE> FORM 13F SUMMARY PAGE REPORT SUMMARY Number of Other Included Managers: 0 Form 13F Information Table Entry Total: 81 Form 13F Information Table Value Total: $1,474,999,751 List of Other Included Managers: NONE 13F INFORMATION TABLE NAME OF ISSUER TITLE VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY OF CLASS CUSIP (X$1000) PRN AMT PRN CALL DSCRETN MGRS SOLE SHARED ABX AIR INC. com 00080S101 7,623 1,772,800 SH Sole 1,772,800 AMERICAN FINANCIAL GROUP com 025932104 3,929 148,500 SH Sole 148,500 ARGONAUT GROUP com 040157109 271 17,410 SH Sole 17,410 AK STEEL com 001547108 49,435 9,693,200 SH Sole 9,403,200 ALASKA AIR com 011659109 54,242 1,987,600 SH Sole 1,945,700 ADVANCED MICRO DEVICES com 007903107 49,762 3,339,700 SH Sole 3,339,700 AMERICAN NATIONAL com 028591105 31,574 373,750 SH Sole 369,350 ANDERSONS com 034164103 3,843 240,700 SH Sole 240,700 AMPCO-PITTSBURGH com 032037103 3,681 269,300 SH Sole 269,300 AMERICAN PACIFIC com 028740108 3,153 331,500 SH Sole 331,500 AVISTA com 05379B107 22,636 1,249,200 SH Sole 1,249,200 AMERICA WEST HOLDINGS com 023657208 12,107 976,400 SH Sole 903,000 BAKER MICHAEL CORP. com 057149106 1,964 189,800 SH Sole 189,800 BASSETT FURNITURE com 070203104 6,668 404,120 SH Sole 404,120 COMMONWEALTH IND., INC. com 203004106 6,233 619,000 SH Sole 619,000 CNA FINANCIAL CORP. com 126117100 18,167 753,800 SH Sole 753,800 DILLARD'S INC. com 254067101 73,239 4,449,500 SH Sole 4,368,700 DELTA APPAREL CO. com 247368103 748 42,000 SH Sole 42,000 DELTA WOODSIDE com 247909203 566 290,000 SH Sole 290,000 DUCKWALL-ALCO STORES com 264142100 3,890 247,800 SH Sole 247,800 EQUITY INNS com 294703103 9,308 1,028,500 SH Sole 1,028,500 FELCOR LODGING TRUST com 31430F101 55,037 4,967,200 SH Sole 4,872,200 L.B. FOSTER com 350060109 2,312 355,700 SH Sole 355,700 GLOBAL INDUSTRIES com 379336100 7,598 1,481,100 SH Sole 1,481,100 GENERAL MOTORS com 370442105 20,529 384,431 SH Sole 384,431 CITIGROUP INC. WTS com 172967127 756 713,000 SH Sole 713,000 HEAD N.V. com 422070102 4,509 1,803,500 SH Sole 1,776,800 IDACORP com 451107106 458 15,300 SH Sole 15,300 INT'L SHIPHOLDING com 460321201 3,836 260,100 SH Sole 260,100 KLM com 482516309 59,661 3,680,530 SH Sole 3,605,530 KANSASCITY SOUTHERN com 485170302 206 14,400 SH Sole 14,400 LONGVIEW FIBRE com 543213102 13,855 1,121,900 SH Sole 1,121,900 LA QUINTA PROPERTIES, INC. com 50419U202 41,997 6,551,800 SH Sole 6,551,800 LOEWS CORP. com 540424108 22,163 448,200 SH Sole 448,200 LUBY'S com 549282101 3,342 905,800 SH Sole 905,800 MARSH SUPERMKTS B com 571783208 2,345 217,100 SH Sole 217,100 MEDCATH CORP. com 58404W109 2,571 245,800 SH Sole 245,800 MASSEY ENERGY com 576206106 29,426 1,414,700 SH Sole 1,414,700 MERISTAR HOSPITALITY com 58984Y103 37,795 5,805,700 SH Sole 5,630,700 MIIX GROUP com 59862V104 559 650,000 SH Sole 650,000 ANNALY MORTGAGE com 035710409 4,451 241,900 SH Sole 241,900 NORD RESOURCES com 655555100 51 724,400 SH Sole 724,400 NORTHEAST UTILITIES com 664397106 3,106 154,000 SH Sole 154,000 OHIO CASUALTY com 677240103 410 23,600 SH Sole 23,600 OMI com Y6476W104 15,041 1,684,300 SH Sole 1,684,300 OVERSEAS SHIPHOLDG GRP com 690368105 56,343 1,654,700 SH Sole 1,654,700 PRIME HOSPITALITY com 741917108 24,609 2,412,600 SH Sole 2,274,600 PRIME GROUP REALTY com 74158J103 13,660 2,178,600 SH Sole 2,038,600 PMA CAPITAL com 693419202 263 51,416 SH Sole 0 PNM RESOURCES, INC. com 69349H107 5,676 202,000 SH Sole 202,000 PHOENIX COS. com 71902E109 179 14,900 SH Sole 14,900 POPE & TALBOT com 732827100 4,889 277,600 SH Sole 277,600 PATHMARK STORES INC NEW com 70322A101 1,520 200,000 SH Sole 200,000 PXRE com G73018106 158 6,700 SH Sole 0 RELIANT RESOURCES com 75952B105 107,709 14,634,400 SH Sole 14,394,400 RYERSON TULL com 78375P107 13,232 1,155,646 SH Sole 1,155,646 RTI INTERNATIONAL com 74973W107 11,707 693,930 SH Sole 676,130 SEA CONTAINERS LTD. com 811371707 29,828 1,634,400 SH Sole 1,569,400 SWIFT ENERGY com 870738101 283 16,780 SH Sole 16,780 SILICON GRAPHICS com 827056102 11,700 8,540,000 SH Sole 8,540,000 SAKS INC com 79377W108 439 29,200 SH Sole 29,200 SPARTON CORP. com 847235108 2,236 222,531 SH Sole 222,531 STANDARD PACIFIC com 85375C101 8,642 178,000 SH Sole 178,000 SIERRA PACIFIC com 826428104 30,465 4,150,600 SH Sole 3,970,600 STEWART INFO SVCS. com 860372101 9,663 238,300 SH Sole 238,300 STEWART & STEVENSON SVCS com 860342104 7,779 553,700 SH Sole 553,700 STILLWATER MINING com 86074Q102 17,945 1,875,112 SH Sole 1,777,912 TECUMSEH PRODUCTS A com 878895200 504 10,400 SH Sole 10,400 TECUMSEH PRODUCTS B com 878895101 4,737 101,000 SH Sole 101,000 TEXAS GENCO com 882443104 17,150 527,700 SH Sole 485,700 TEEKAY SHIPPING com Y8564W103 3,547 62,200 SH Sole 62,200 TOYS R US com 892335100 82,376 6,517,100 SH Sole 6,435,400 USEC, INC. com 90333E108 50,797 6,047,300 SH Sole 5,918,600 VISTEON com 92839U107 108,640 10,436,100 SH Sole 10,336,100 VOLT INFORMATION SCIENCES com 928703107 1,263 55,900 SH Sole 55,900 AUDIOVOX com 050757103 10,073 784,500 SH Sole 784,500 VERITAS DGC INC. com 92343P107 21,450 2,046,800 SH Sole 1,951,000 WHEELING-PITTSBURGH com 929248409 101 38,000 SH Sole 38,000 U.S. STEEL com 912909108 112,558 3,214,100 SH Sole 3,214,100 ALLEGHANY CORP com 017175100 843 3,787 SH Sole 3,787 ZAPATA com 989070602 5,982 103,160 SH Sole 103,160