-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, Wygzq+qVtkWVpv8+gTWEkPy4wNpMAaPf03QJrFXTH7MZqDDFikRkXwvbcX05HvYo v7gK9ODh+6NHlqr4XinYGQ== 0000902584-06-000104.txt : 20060216 0000902584-06-000104.hdr.sgml : 20060216 20060216113116 ACCESSION NUMBER: 0000902584-06-000104 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20051231 FILED AS OF DATE: 20060216 DATE AS OF CHANGE: 20060216 EFFECTIVENESS DATE: 20060216 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ADVISORY RESEARCH INC CENTRAL INDEX KEY: 0000902584 IRS NUMBER: 132831881 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-05637 FILM NUMBER: 06624162 BUSINESS ADDRESS: STREET 1: 180 N. STETSON STREET STREET 2: STE 5500 CITY: CHICAGO STATE: IL ZIP: 60601 BUSINESS PHONE: 3125651414 MAIL ADDRESS: STREET 1: 180 N. STETSON STREET STREET 2: SUITE 5780 CITY: CHICAGO STATE: IL ZIP: 60601 13F-HR 1 ari4q05hr.txt ARI 13F 4Q05 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 13F FORM 13F HOLDINGS REPORT Report for the Quarter Ended: December 31, 2005 ADVISORY RESEARCH, INC. FORM 13F INFOMRATION TABLE NAME OF ISSUER TITLE CUSIP VALUE SH/P INV VOTE OF CLASS (K) AMT DSC AUTH 3M COMPANY COM COMMON 88579Y101 361 4656 SOLE SOLE AAG HLSG IN SR DEB PREFERR 000336206 1912 75300 SOLE SOLE ACMAT CORP CL A COMMON 004616207 388 23100 SOLE SOLE AETNA INC NEW SRNT 8. PREFERR 00817Y207 1924 75500 SOLE SOLE AGL CAP TR II TR PFD PREFERR 001198209 1924 75600 SOLE SOLE ALASKA COMMUNICATIONS COMMON 01167P101 659 64900 SOLE SOLE ALASKA PAC BANCSHARES COMMON 011757101 813 40663 SOLE SOLE ALEXANDER & BALDWIN I COMMON 014482103 95026 1751953 SOLE SOLE AMERICAN PAC CORP COM COMMON 028740108 1488 215972 SOLE SOLE AMERIGAS PARTNERS L P COMMON 030975106 893 31600 SOLE SOLE AMERIPRISE FINL INC C COMMON 03076C106 34163 833240 SOLE SOLE AMERUS GROUP CO PFD A PREFERR 03072M702 2005 77100 SOLE SOLE ANDERSONS INC COM COMMON 034164103 20915 485495 SOLE SOLE ANHEU BUSCH COS INC COMMON 035229103 10825 251973 SOLE SOLE APACHE CORP COM COMMON 037411105 607 8862 SOLE SOLE APARTMENT INVT & MGMT COMMON 03748R101 1091 28811 SOLE SOLE APPLE COMPUTER INC COMMON 037833100 373 5186 SOLE SOLE ATLANTIC AMERN CORP C COMMON 048209100 711 263400 SOLE SOLE AVALON HLDGS CORP CL COMMON 05343P109 2222 474700 SOLE SOLE AVALONBAY CMNTYS INC PREFERR 053484705 1923 70450 SOLE SOLE AVATAR HLDGS INC COM COMMON 053494100 69027 1256864 SOLE SOLE BAIRNCO CORP COM COMMON 057097107 572 65600 SOLE SOLE BANK MUT CORP NEW COM COMMON 063750103 64859 6118780 SOLE SOLE BCSB BANKCORP INC COM COMMON 054948104 362 28000 SOLE SOLE BEAR STEARNS CAP TR I PREFERR 07384T206 1924 75600 SOLE SOLE BEAR STEARNS COS INC COMMON 073902108 29605 256254 SOLE SOLE BELL INDS INC COM COMMON 078107109 847 324600 SOLE SOLE BERKSHIRE HATHAWAY IN COMMON 084670108 443 5 SOLE SOLE BERKSHIRE HATHAWAY IN COMMON 084670207 1089 371 SOLE SOLE BEXIL CORP COM COMMON 088577101 615 18100 SOLE SOLE BKF CAP GROUP INC COM COMMON 05548G102 1579 83300 SOLE SOLE BLAIR CORP COM COMMON 092828102 1912 49100 SOLE SOLE BOB EVANS FARMS INC C COMMON 096761101 39985 1733935 SOLE SOLE BOOKS-A-MILLION INC C COMMON 098570104 1697 175100 SOLE SOLE BOSS HLDGS INC COM COMMON 10011B101 1098 138150 SOLE SOLE BOSWELL J G CO COM COMMON 101205102 1017 1640 SOLE SOLE BPI INDS INC COM COMMON 055934103 29711 9372500 SOLE SOLE BRE PPTYS INC PFD SER PREFERR 05564E403 1867 73850 SOLE SOLE BRISTOL MYERS SQUIBB COMMON 110122108 10118 440313 SOLE SOLE BROOKLINE BANCORP INC COMMON 11373M107 71608 5053523 SOLE SOLE CALIFORNIA COASTAL CM COMMON 129915203 3260 83103 SOLE SOLE CAPITAL TRUST INC MD COMMON 14052H506 1112 37980 SOLE SOLE CAPITOL FED FINL COM COMMON 14057C106 13162 399568 SOLE SOLE CARRIZO OIL & GAS INC COMMON 144577103 53744 2175858 SOLE SOLE CENTERPLATE INC COMMON 15200E204 789 60900 SOLE SOLE CENTERPOINT ENERGY IN COMMON 15189T107 98670 7678577 SOLE SOLE CHESAPEAKE ENERGY COR COMMON 165167107 34844 1098138 SOLE SOLE CHEVIOT FINL CORP COM COMMON 166774109 2078 177757 SOLE SOLE CHICAGO RIVET & MACH COMMON 168088102 374 18700 SOLE SOLE CIMAREX ENERGY CO COM COMMON 171798101 2821 65600 SOLE SOLE CIT GROUP INC COM COMMON 125581108 38416 741912 SOLE SOLE CITIGROUP GLOBAL MKTS CONVERT 173079666 1270 126100 SOLE SOLE CITIGROUP INC COM COMMON 172967101 14290 294459 SOLE SOLE CITIZENS COMMUNICATIO COMMON 17453B101 746 60997 SOLE SOLE CITIZENS FIRST BANCOR COMMON 17461R106 1867 79210 SOLE SOLE CLEVELAND ELEC FING T PREFERR 186127205 1927 74700 SOLE SOLE CNX GAS CORP COM 144A COMMON 12618H101 3954 188300 SOLE SOLE COACHMEN INDS INC COM COMMON 189873102 987 83550 SOLE SOLE COAST DISTR SYS COM COMMON 190345108 1126 150800 SOLE SOLE COBRA ELECTRS CORP CO COMMON 191042100 3425 256148 SOLE SOLE COLONIAL PPTYS TR PFD PREFERR 195872403 1902 74200 SOLE SOLE COMMERCIAL NET LEASE PREFERR 202218111 1865 72000 SOLE SOLE COMMONWEALTH TEL ENTE COMMON 203349105 33036 978276 SOLE SOLE COMMUNICATIONS SYS IN COMMON 203900105 1822 148400 SOLE SOLE COMMUNITY BK SHS IND COMMON 203599105 429 18810 SOLE SOLE CONOCOPHILLIPS COM COMMON 20825C104 14539 249894 SOLE SOLE CONSOLIDATED TOMOKA L COMMON 210226106 2907 41000 SOLE SOLE COST-U-LESS INC COM COMMON 221492101 2052 264734 SOLE SOLE CPAC INC COM COMMON 126145101 765 189000 SOLE SOLE CROSS A T CO CL A COMMON 227478104 1591 392850 SOLE SOLE DELTA PETE CORP COM N COMMON 247907207 7810 358757 SOLE SOLE DENBURY RES INC COM N COMMON 247916208 76694 3366741 SOLE SOLE DEVELOPERS DIVERSIFIE PREFERR 251591871 1882 73300 SOLE SOLE DEVON ENERGY CORP NEW COMMON 25179M103 6719 107429 SOLE SOLE DISCOVERY HOLDING CO COMMON 25468Y107 15083 995590 SOLE SOLE DOMINION RES INC VA N CONVERT 25746U406 2075 39700 SOLE SOLE DONEGAL GROUP INC J C COMMON 257701201 1602 68933 SOLE SOLE DOUBLE EAGLE PETE CO COMMON 258570209 7422 363847 SOLE SOLE DUKE PWR CO COMMON 264399106 326 11873 SOLE SOLE DUKE REALTY CORP PFD PREFERR 264411810 1881 75100 SOLE SOLE EDWARDS A G INC COM COMMON 281760108 81261 1734133 SOLE SOLE EFC BANCORP INC COM COMMON 268423100 907 26400 SOLE SOLE EMERSON ELEC CO COMMON 291011104 277 3714 SOLE SOLE EMPIRE DIST ELEC TR I PREFERR 291642205 1914 75500 SOLE SOLE ENCANA CORP COM C OMMON 292505104 2150 47600 SOLE SOLE ENCORE ACQUISITION CO COMMON 29255W100 3667 114450 SOLE SOLE ENERGY EAST CAP TR I PREFERR 29267G200 1927 75100 SOLE SOLE EOG RESOURCES INC. CO COMMON 26875P101 33122 451435 SOLE SOLE EQUITY OFFICE PPTYS T PREFERR 294741871 1881 73900 SOLE SOLE EQUITY RESIDENTIAL PF PREFERR 29476L503 792 31200 SOLE SOLE EQUITY RESIDENTIAL PP PREFERR 29476L883 750 17205 SOLE SOLE EQUITY RESIDENTIAL PP COMMON 29476L107 580 14818 SOLE SOLE ERIE FAMILY LIFE INS COMMON 295242101 903 32700 SOLE SOLE ESPEY MFG & ELECTRS C COMMON 296650104 3496 190000 SOLE SOLE EXELON CORP COMMON 30161N101 203 3812 SOLE SOLE EXXON MOBIL CORP COM COMMON 30231G102 369 6569 SOLE SOLE FAIRMONT HOTELS RESOR COMMON 305204109 14209 335050 SOLE SOLE FEDERAL RLTY INVT TR PREFERR 313747503 1915 74300 SOLE SOLE FIRST AVIATION SVCS I COMMON 31865W108 562 127700 SOLE SOLE FIRST FED NORTHN MICH COMMON 32021X105 675 77121 SOLE SOLE FIRST PACTRUST BANCOR COMMON 33589V101 2586 95022 SOLE SOLE FIRSTFED FINL CORP DE COMMON 337907109 62746 1150880 SOLE SOLE FORTUNE BRANDS INC CO COMMON 349631101 13590 174192 SOLE SOLE FPL GROUP INC COM COMMON 302571104 311 7493 SOLE SOLE FRIEDMAN BILLINGS RAM COMMON 358434108 474 47900 SOLE SOLE FROZEN FOOD EXPRESS I COMMON 359360104 2564 232500 SOLE SOLE GASCO ENERGY INC COMMON 367220100 77287 11835705SOLE SOLE GENERAL ELEC CO COMMON 369604103 13056 372493 SOLE SOLE GENERAL MLS INC COM COMMON 370334104 316 6400 SOLE SOLE GENESIS HEALTH VENTUR COMMON 37184D101 97670 2674418 SOLE SOLE GENWORTH FINL INC COM COMMON 37247D106 31767 918654 SOLE SOLE GOLDEN WEST FINL CORP COMMON 381317106 14563 220659 SOLE SOLE GRAINGER W W INC COM COMMON 384802104 356 5002 SOLE SOLE GREAT PLAINS ENERGY I CONVERT 391164605 1872 75200 SOLE SOLE GREENE CNTY BANCORP I COMMON 394357107 592 39200 SOLE SOLE GRIFFIN LD & NURSERIE COMMON 398231100 1532 61700 SOLE SOLE GTSI CORP COM COMMON 36238K103 237 33800 SOLE SOLE GYRODYNE CO AMER INC COMMON 403820103 573 13163 SOLE SOLE HALLWOOD GROUP INC CO COMMON 406364406 9377 120400 SOLE SOLE HANOVER FOODS CORP CD COMMON 41078W100 1423 12564 SOLE SOLE HARTFORD LIFE CAP II PREFERR 416591204 1919 75300 SOLE SOLE HASBRO INC COM COMMON 418056107 10524 521482 SOLE SOLE HEALTH CARE REIT INC PREFERR 42217K304 1867 74000 SOLE SOLE HEALTHCARE SVCS GROUP COMMON 421906108 43094 2080829 SOLE SOLE HECTOR COMMUNICATIONS COMMON 422730101 2819 99600 SOLE SOLE HEWLETT PACKARD CO CO COMMON 428236103 14164 494737 SOLE SOLE HF FINL CORP COM COMMON 404172108 1234 64940 SOLE SOLE HILFIGER TOMMY U S A PREFERR 430908202 1900 75200 SOLE SOLE HILTON HOTELS CORP QU PREFERR 432848307 1979 77700 SOLE SOLE HOME PPTYS INC PFD SE PREFERR 437306509 1846 71900 SOLE SOLE HOUSEHOLD CAP TR VI P PREFERR 44180T205 1948 76700 SOLE SOLE HRPT PPTYS TR PFD A 9 PREFERR 40426W200 1963 77200 SOLE SOLE HUDSON CITY BANCORP I COMMON 443683107 43036 3550864 SOLE SOLE I B M COMMON 459200101 334 4058 SOLE SOLE IAC INTERACTIVECORP C COMMON 44919P300 12349 436216 SOLE SOLE ILLINOIS TOOL WKS INC COMMON 452308109 13307 151232 SOLE SOLE INTERNATIONAL GAME TE COMMON 459902102 12677 411845 SOLE SOLE INTRAWEST CORP COM NE COMMON 460915200 89942 3106797 SOLE SOLE IOWA TELECOMMUNICATIO COMMON 462594201 533 34400 SOLE SOLE ISHARES TR RUSSL 2000 COMMON 464287630 1539 23350 SOLE SOLE J ALEXANDER CORP COM COMMON 466096104 2460 306700 SOLE SOLE J P MORGAN CHASE CAP PREFERR 46623C202 1917 75200 SOLE SOLE J.P. MORGAN CHASE & C COMMON 46625H100 497 12524 SOLE SOLE JEFFERIES GROUP INC N COMMON 472319102 94939 2110703 SOLE SOLE JOHNSON & JOHNSON COMMON 478160104 12527 208430 SOLE SOLE JOHNSON CTLS INC COM COMMON 478366107 16242 222765 SOLE SOLE KB HOME COMMON 48666K109 419 5763 SOLE SOLE K-FED BANCORP COM COMMON 48246S101 1471 122600 SOLE SOLE LACLEDE CAP TR I TOPR PREFERR 50558V201 1872 72800 SOLE SOLE LAIDLAW INTL INC COM COMMON 50730R102 466 20080 SOLE SOLE LANDAMERICA FINL GROU COMMON 514936103 78328 1255264 SOLE SOLE LEE ENTERPRISES INC C CONVERT 523768208 11225 320700 SOLE SOLE LEHMAN BROTHERS HLDGS COMMON 524908100 15705 122535 SOLE SOLE LEUCADIA NATL CORP CO COMMON 527288104 81580 1718923 SOLE SOLE LIBERTY MEDIA CORP NE COMMON 530718105 4337 551085 SOLE SOLE LINCOLN BANCORP IND C COMMON 532879103 926 56300 SOLE SOLE LINCOLN NATL CAP V GT PREFERR 534042205 1863 73300 SOLE SOLE LONGS DRUG STORES COR COMMON 543162101 92685 2546982 SOLE SOLE LONGVIEW FIBRE CO COM COMMON 543213102 49124 2360611 SOLE SOLE LSB CORP COM COMMON 50215P100 607 35000 SOLE SOLE LYDALL INC COM COMMON 550819106 244 29900 SOLE SOLE MAF BANCORP INC COM COMMON 55261R108 77514 1873231 SOLE SOLE MAIR HLDGS INC COM COMMON 560635104 549 116579 SOLE SOLE MARCUS CORP COM COMMON 566330106 35133 1495010 SOLE SOLE MARQUETTE NATL CORP C COMMON 571599109 700 500 SOLE SOLE MARSHALL & ILSLEY COR COMMON 571834100 236 5492 SOLE SOLE MAUI LD & PINEAPPLE I COMMON 577345101 2175 64100 SOLE SOLE MBNA CAP E PFD SECS E PREFERR 55270B201 1905 71500 SOLE SOLE MEADOWBROOK INS GROUP COMMON 58319P108 2534 433900 SOLE SOLE MERCK & CO INC COMMON 589331107 12536 394105 SOLE SOLE MERRILL LYNCH PFD CAP PREFERR 59021C203 1902 73500 SOLE SOLE MGIC INVT CORP WIS CO COMMON 552848103 10957 166474 SOLE SOLE MODINE MFG CO COM COMMON 607828100 10255 314663 SOLE SOLE MONARCH CEM CO COM COMMON 609031109 311 13421 SOLE SOLE MOTORCAR PTS & ACCESS COMMON 620071100 3613 363140 SOLE SOLE MOVADO GROUP INC COM COMMON 624580106 2771 151400 SOLE SOLE NATIONAL PATENT DEV C COMMON 637132101 1570 704207 SOLE SOLE NATIONWIDE HLTH PPTYS PREFERR 638620203 1765 17300 SOLE SOLE NAVIGATORS GROUP INC COMMON 638904102 2394 54900 SOLE SOLE NEW PLAN EXCEL RLTY T PREFERR 648053809 1861 74000 SOLE SOLE NGAS CONVERTIBLE NOTE CONVERT 62912TCNV 15000 15000000SOLE SOLE NGAS RES INC COM COMMON 62912T103 2322 221389 SOLE SOLE NORTHERN TR CORP COM COMMON 665859104 816 15752 SOLE SOLE O I CORP COM COMMON 670841105 2584 208400 SOLE SOLE OIL DRI CORP AMER COM COMMON 677864100 3604 204400 SOLE SOLE OLD REP INTL CORP COM COMMON 680223104 27963 1331081 SOLE SOLE ORACLE SYS CORP COMMON 68389X105 259 21252 SOLE SOLE OSTEOTECH INC COM COMMON 688582105 2039 410341 SOLE SOLE PARADISE INC COM COMMON 699058103 259 15125 SOLE SOLE PARALLEL PETE CORP CO COMMON 699157103 4623 271783 SOLE SOLE PARK BANCORP INC COM COMMON 700164106 1196 38100 SOLE SOLE PATHFINDER BANCORP IN COMMON 70320A103 251 19200 SOLE SOLE PATRICK INDS INC COM COMMON 703343103 677 63925 SOLE SOLE PATRIOT TRANSN HLDG I COMMON 70337B102 3665 54827 SOLE SOLE PAULSON CAP CORP COM COMMON 703797100 576 48089 SOLE SOLE PENNEY J C INC COM COMMON 708160106 28117 505706 SOLE SOLE PEPSICO INC COMMON 713448108 11814 199960 SOLE SOLE PFIZER INC COMMON 717081103 13243 567897 SOLE SOLE PHH CORP COM NEW COMMON 693320202 65850 2350100 SOLE SOLE PIONEER NAT RES CO CO COMMON 723787107 81145 1582707 SOLE SOLE PLAINS ALL AMERN PIPE COMMON 726503105 32229 814474 SOLE SOLE PLAINS EXPLORATION & COMMON 726505100 78122 1966331 SOLE SOLE PLUM CREEK TIMBER CO COMMON 729251108 15292 424200 SOLE SOLE POST PPTYS INC PFD A PREFERR 737464206 1508 26000 SOLE SOLE PRICESMART INC COM COMMON 741511109 1759 210358 SOLE SOLE PROGRESS ENERGY COMMON 743263105 331 7526 SOLE SOLE PROVIDENCE & WORCESTE COMMON 743737108 1553 104200 SOLE SOLE PROVIDENT CAP TR IV T PREFERR 74386H200 1893 75000 SOLE SOLE PROVIDENT FINANCIAL S COMMON 74386T105 76141 4113522 SOLE SOLE PS BUSINESS PKS INC C PREFERR 69360J503 1880 74100 SOLE SOLE PSB BANCORP INC COM COMMON 693604100 679 59021 SOLE SOLE PUBLIC STORAGE INC DE PREFERR 74460D687 1875 74100 SOLE SOLE QUICKSILVER RES INC C COMMON 74837R104 81714 1945103 SOLE SOLE R & B INC COM COMMON 749124103 810 85400 SOLE SOLE REGENCY AFFILIATES IN COMMON 758847305 469 76935 SOLE SOLE REGIONS FING TR I PFD PREFERR 75914H208 1889 75100 SOLE SOLE REX STORE CORP COM COMMON 761624105 7913 526100 SOLE SOLE ROCK OF AGES CORP DEL COMMON 772632105 653 151500 SOLE SOLE ROME BANCORP INC NEW COMMON 77587P103 1356 125070 SOLE SOLE S & K FAMOUS BRANDS I COMMON 783774102 2107 117004 SOLE SOLE SADLIER WILLIAM H INC COMMON 786327106 734 20000 SOLE SOLE SANTA FE ENERGY TRUST COMMON 802013102 451 17000 SOLE SOLE SCHEID VINEYARDS INC COMMON 806403101 2384 331132 SOLE SOLE SERVICE BANCORP INC C COMMON 81756X103 509 18800 SOLE SOLE SHENANDOAH TELECOMMUN COMMON 82312B106 2574 64610 SOLE SOLE SHERWIN WILLIAMS CO C COMMON 824348106 287 6322 SOLE SOLE SHURGARD STORAGE CTRS PREFERR 82567D401 1907 75800 SOLE SOLE SIMON PPTY GROUP INC PREFERR 828806604 1965 77200 SOLE SOLE SLM CORPORATION COM COMMON 78442P106 15528 281868 SOLE SOLE SOLECTRON CORP COM COMMON 834182107 2503 684012 SOLE SOLE SOUND FED BANCORP INC COMMON 83607V104 1559 81623 SOLE SOLE SOUTHWESTERN ENERGY C COMMON 845467109 2778 77300 SOLE SOLE SPDR TR UNIT SER 1 COMMON 78462F103 823 6608 SOLE SOLE STIFEL FINL CAP TR I PREFERR 860629203 344 13300 SOLE SOLE STIFEL FINL CORP COM COMMON 860630102 2468 65667 SOLE SOLE STRATEGIC DISTR INC C COMMON 862701307 1331 133907 SOLE SOLE SUPERIOR INDS INTL IN COMMON 868168105 46404 2084650 SOLE SOLE SUPERIOR UNIFORM INC COMMON 868358102 1645 160500 SOLE SOLE SUPREME INDS INC CL A COMMON 868607102 1140 147250 SOLE SOLE SYNERGY FINANCIAL GRO COMMON 87162V102 1531 122200 SOLE SOLE SYSTEMAX INC COM COMMON 871851101 678 108600 SOLE SOLE TANDY BRANDS ACCESSOR COMMON 875378101 5067 422598 SOLE SOLE TECH DATA CORP COM COMMON 878237106 76266 1925415 SOLE SOLE TECHE HLDG CO COM COMMON 878330109 884 22600 SOLE SOLE TELEPHONE & DATA SYS PREFERR 879433878 1928 76900 SOLE SOLE TESSCO TECHNOLOGIES I COMMON 872386107 10413 629575 SOLE SOLE THIRD CENTY BANCORP & COMMON 884120106 1538 118300 SOLE SOLE THORNBURG MTG INC COM COMMON 885218107 1095 41800 SOLE SOLE TIME WARNER INC COMMON 887317105 16431 942132 SOLE SOLE TORCHMARK CAP TR I TR PREFERR 89102Q201 1936 75000 SOLE SOLE TRANSPORT CORP AMER I COMMON 89385P102 2956 299216 SOLE SOLE TRIARC COS INC CL A COMMON 895927101 63117 3770430 SOLE SOLE TRIBUNE CO COMMON 896047107 125 4023 SOLE SOLE TRIBUNE CO COMMON 896047107 54212 1744846 NONE NONE UMB FINL CORP COM COMMON 902788108 58698 918447 SOLE SOLE UNITED DOMINION RLTY PREFERR 910197300 1893 73600 SOLE SOLE UNITED STATES CELLULA PREFERR 911684207 1869 71300 SOLE SOLE UNITED TECHNOLOGIES C COMMON 913017109 15871 283861 SOLE SOLE USB CAP III TR PFD SE PREFERR 90335H208 1919 75300 SOLE SOLE VIACOM INC CL B COMMON 925524308 386 11843 SOLE SOLE VILLAGE SUPER MKT INC COMMON 927107409 1923 31913 SOLE SOLE VNB CAP TR I TOPS 7.3 PREFERR 92856Q203 1870 73400 SOLE SOLE VULCAN INTL CORP COM COMMON 929136109 3001 57160 SOLE SOLE WELLSFORD REAL PPTYS COMMON 950240200 383 63800 SOLE SOLE WENDYS INTL INC COM COMMON 950590109 31799 575441 SOLE SOLE WESTERN GAS RES INC C COMMON 958259103 64748 1374986 SOLE SOLE WESTFIELD FINL INC CO COMMON 96008D101 744 31000 SOLE SOLE ZAPATA CORP NEV COM P COMMON 989070602 1352 234400 SOLE SOLE ZIONS CAP TR B CAP SE PREFERR 989703202 1904 73050 SOLE SOLE 3445819 156456055 -----END PRIVACY-ENHANCED MESSAGE-----