-----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, MKMVOpeOaFX6zA2xJh3pBl3a1qsaObKYZtn1s5YeWe9Q+IbVU3hi5aconvaxdlfA wc/V0VRGSYD/24nn7jnucQ== 0000902584-06-000166.txt : 20060516 0000902584-06-000166.hdr.sgml : 20060516 20060515182717 ACCESSION NUMBER: 0000902584-06-000166 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20060331 FILED AS OF DATE: 20060516 DATE AS OF CHANGE: 20060515 EFFECTIVENESS DATE: 20060516 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: 06843437 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 ari1q06hr.txt ARI 1Q06 13F UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 13F FORM 13F HOLDINGS REPORT Report for the Quarter Ended: March 31, 2006 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 369 4877 SOLE SOLE AAG HLSG IN SR DEB PREFERR 000336206 2328 92100 SOLE SOLE ACMAT CORP CL A COMMON 004616207 393 23100 SOLE SOLE AETNA INC NEW SRNT 8. PREFERR 00817Y207 2403 94900 SOLE SOLE AGL CAP TR II TR PFD PREFERR 001198209 2348 92600 SOLE SOLE ALASKA COMMUNICATIONS COMMON 01167P101 773 63700 SOLE SOLE ALASKA PAC BANCSHARES COMMON 011757101 866 40663 SOLE SOLE ALBEMARLE CORP COMMON 012653101 544 12000 SOLE SOLE ALEXANDER & BALDWIN I COMMON 014482103 97647 2047968 SOLE SOLE ALEXANDER & BALDWIN I COMMON 014482103 190 3990 NONE NONE AMERIGAS PARTNERS L P COMMON 030975106 904 30200 SOLE SOLE AMERIPRISE FINL INC C COMMON 03076C106 40254 893335 SOLE SOLE AMERIPRISE FINL INC C COMMON 03076C106 241 5350 NONE NONE AMTEK INC COMMON 031100100 634 14100 SOLE SOLE ANDERSONS INC COM COMMON 034164103 30851 394358 SOLE SOLE ANHEU BUSCH COS INC COMMON 035229103 12537 293136 SOLE SOLE APACHE CORP COM COMMON 037411105 601 9181 SOLE SOLE APARTMENT INVT & MGMT COMMON 03748R101 1336 28477 SOLE SOLE APPLE COMPUTER INC COMMON 037833100 355 5654 SOLE SOLE APTARGROUP INC COMMON 038336103 619 11200 SOLE SOLE ARROW ELECTRS INC COMMON 042735100 394 12200 SOLE SOLE ARVINMERITOR INC COMMON 043353101 204 13700 SOLE SOLE ASHLAND INC NEW COM COMMON 044209104 16293 229220 SOLE SOLE ATLANTIC AMERN CORP C COMMON 048209100 742 263920 SOLE SOLE AVALON HLDGS CORP CL COMMON 05343P109 2350 474700 SOLE SOLE AVALONBAY CMNTYS INC PREFERR 053484705 2340 86650 SOLE SOLE AVATAR HLDGS INC COM COMMON 053494100 79154 1297614 SOLE SOLE BAIRNCO CORP COM COMMON 057097107 1516 141800 SOLE SOLE BANDAG CL A COMMON 059815308 11382 318480 SOLE SOLE BANDAG COMMON 059815100 2064 49300 SOLE SOLE BANK MUT CORP NEW COM COMMON 063750103 74164 6263810 SOLE SOLE BANK MUT CORP NEW COM COMMON 063750103 158 13315 NONE NONE BCSB BANKCORP INC COM COMMON 054948104 363 28000 SOLE SOLE BEAR STEARNS CAP TR I PREFERR 07384T206 2355 92800 SOLE SOLE BEAR STEARNS COS INC COMMON 073902108 38035 274224 SOLE SOLE BEAR STEARNS COS INC COMMON 073902108 277 1995 NONE NONE BECKMAN COULTER INC COMMON 075811109 562 10300 SOLE SOLE BELL INDS INC COM COMMON 078107109 870 324600 SOLE SOLE BERKSHIRE HATHAWAY IN COMMON 084670108 452 5 SOLE SOLE BERKSHIRE HATHAWAY IN COMMON 084670207 663 220 SOLE SOLE BEXIL CORP COM COMMON 088577101 1849 60100 SOLE SOLE BFC FINL CORP COMMON 055384200 4253 649309 SOLE SOLE BKF CAP GROUP INC COM COMMON 05548G102 1733 133300 SOLE SOLE BLACK & DECKER CORP COMMON 091797100 750 8632 SOLE SOLE BLAIR CORP COM COMMON 092828102 2787 67300 SOLE SOLE BOB EVANS FARMS INC C COMMON 096761101 62418 2100905 SOLE SOLE BOOKS-A-MILLION INC C COMMON 098570104 2015 175100 SOLE SOLE BOSS HLDGS INC COM COMMON 10011B101 1091 138150 SOLE SOLE BOSWELL J G CO COM COMMON 101205102 1129 1781 SOLE SOLE BPI INDS INC COM COMMON 055934103 16006 8941800 SOLE SOLE BRE PPTYS INC PFD SER PREFERR 05564E403 2377 93450 SOLE SOLE BRISTOL MYERS SQUIBB COMMON 110122108 14524 590169 SOLE SOLE BROOKLINE BANCORP INC COMMON 11373M107 83273 5375921 SOLE SOLE BROOKLINE BANCORP INC COMMON 11373M107 217 14035 NONE NONE CAGLES INC COMMON 127703106 944 135300 SOLE SOLE CALIFORNIA COASTAL CM COMMON 129915203 2879 77608 SOLE SOLE CAPITAL TRUST INC MD COMMON 14052H506 1182 37980 SOLE SOLE CAPITOL FED FINL COM COMMON 14057C106 17445 540103 SOLE SOLE CAPITOL FED FINL COM COMMON 14057C106 194 6015 NONE NONE CARRIZO OIL & GAS INC COMMON 144577103 59834 2302208 SOLE SOLE CBS CORP NEW CL B COMMON 124857202 237 9904 SOLE SOLE CENTERPLATE INC COMMON 15200E204 814 63100 SOLE SOLE CENTERPOINT ENERGY COMMON 15189T107 98754 8277817 SOLE SOLE CENTERPOINT ENERGY COMMON 15189T107 191 16010 NONE NONE CHESAPEAKE ENERGY COR COMMON 165167107 37840 1204715 SOLE SOLE CHESAPEAKE ENERGY COR COMMON 165167107 209 6640 NONE NONE CHEVIOT FINL CORP COM COMMON 166774109 2131 177757 SOLE SOLE CHICAGO RIVET & MACH COMMON 168088102 368 18700 SOLE SOLE CIMAREX ENERGY CO COM COMMON 171798101 8284 191500 SOLE SOLE CIT GROUP INC COM COMMON 125581108 41392 773386 SOLE SOLE CIT GROUP INC COM COMMON 125581108 249 4660 NONE NONE CITIGROUP GLOBAL MKTS CONVERT 173079666 1388 134200 SOLE SOLE CITIGROUP INC COM COMMON 172967101 13623 288637 SOLE SOLE CITIZENS COMMUNICATIO COMMON 17453B101 846 63743 SOLE SOLE CITIZENS FIRST BANCOR COMMON 17461R106 2238 79210 SOLE SOLE CLAIRES STORES INC COMMON 179584107 639 17600 SOLE SOLE CLEAN HARBORS INC COMMON 184496107 528 17800 SOLE SOLE CLEVELAND ELEC FING T PREFERR 186127205 2411 93800 SOLE SOLE CNX GAS CORP COM COMMON 12618H309 93174 3583610 SOLE SOLE CNX GAS CORP COM COMMON 12618H309 207 7950 NONE NONE COACHMEN INDS INC COM COMMON 189873102 951 83550 SOLE SOLE COAST DISTR SYS COM COMMON 190345108 1101 150800 SOLE SOLE COLONIAL PPTYS TR PFD PREFERR 195872403 2345 90200 SOLE SOLE COMMERCIAL NET LEASE PREFERR 202218111 2169 84400 SOLE SOLE COMMONWEALTH TEL ENTE COMMON 203349105 51840 1504796 SOLE SOLE COMMUNICATIONS SYS IN COMMON 203900105 1566 148400 SOLE SOLE COMMUNITY BK SHS IND COMMON 203599105 431 18810 SOLE SOLE COMPTON PETE CORP COMMON 204940100 7108 556893 SOLE SOLE CONOCOPHILLIPS COM COMMON 20825C104 15428 244311 SOLE SOLE CONSOLIDATED TOMOKA L COMMON 210226106 2858 46000 SOLE SOLE COST-U-LESS INC COM COMMON 221492101 1764 224755 SOLE SOLE COVENTRY HEALTHCARE INC COMMON 222862104 731 13538 SOLE SOLE CPAC INC COM COMMON 126145101 772 189000 SOLE SOLE CROSS A T CO CL A COMMON 227478104 2259 392850 SOLE SOLE CYTEC INDS INC COMMON 232820100 624 10400 SOLE SOLE DEAN FOODS CO NEW COMMON 242370104 610 15700 SOLE SOLE DEFINED STRATEGY FD INC COMMON 24476Y100 544 32800 SOLE SOLE DELTA PETE CORP COM N COMMON 247907207 6910 328757 SOLE SOLE DELTIC TIMBER CORP COMMON 247850100 33581 553820 SOLE SOLE DENBURY RES INC COM N COMMON 247916208 103562 3270026 SOLE SOLE DENBURY RES INC COM N COMMON 247916208 295 9320 NONE NONE DEVELOPERS DIVERSIFIE PREFERR 251591871 2331 91400 SOLE SOLE DEVON ENERGY CORP NEW COMMON 25179M103 265 4330 SOLE SOLE DISCOVERY HOLDING CO COMMON 25468Y107 23507 1567140 SOLE SOLE DISCOVERY HOLDING CO COMMON 25468Y107 214 14275 NONE NONE DOMINION RES INC VA N CONVERT 25746U406 2065 40700 SOLE SOLE DONEGAL GROUP INC J C COMMON 257701201 1798 68933 SOLE SOLE DOUBLE EAGLE PETE CO COMMON 258570209 6703 364897 SOLE SOLE DUKE PWR CO COMMON 264399106 236 8082 SOLE SOLE EDWARDS A G INC COM COMMON 281760108 90627 1817628 SOLE SOLE EDWARDS A G INC COM COMMON 281760108 233 4675 NONE NONE ELRON ELECTR INDS LTD COMMON 290160100 901 82641 SOLE SOLE EMERSON ELEC CO COMMON 291011104 310 3701 SOLE SOLE EMPIRE DIST ELEC TR I PREFERR 291642205 2421 94600 SOLE SOLE ENCANA CORP COM C COMMON 292505104 6664 142600 SOLE SOLE ENCORE ACQUISITION CO COMMON 29255W100 7339 236750 SOLE SOLE ENERGY EAST CAP TR I PREFERR 29267G200 2356 92500 SOLE SOLE EQUITY OFFICE PPTYS T PREFERR 294741871 2351 92400 SOLE SOLE EQUITY RESIDENTIAL PF PREFERR 29476L503 2418 95000 SOLE SOLE EQUITY RESIDENTIAL PP PREFERR 29476L883 806 15805 SOLE SOLE EQUITY RESIDENTIAL PP COMMON 29476L107 683 14605 SOLE SOLE ERIE FAMILY LIFE INS COMMON 295242101 1030 32700 SOLE SOLE ESPEY MFG & ELECTRS C COMMON 296650104 3189 201200 SOLE SOLE EXELON CORP COMMON 30161N101 216 4080 SOLE SOLE EXXON MOBIL CORP COM COMMON 30231G102 355 5837 SOLE SOLE FAIRMONT HOTELS RESOR COMMON 305204109 15373 343919 SOLE SOLE FAIRMONT HOTELS RESOR COMMON 305204109 209 4665 NONE NONE FEDERAL RLTY INVT TR PREFERR 313747503 2355 91300 SOLE SOLE FIRST AVIATION SVCS I COMMON 31865W108 537 130901 SOLE SOLE FIRST FED NORTHN MICH COMMON 32021X105 786 83577 SOLE SOLE FIRST PACTRUST BANCOR COMMON 33589V101 2855 95022 SOLE SOLE FIRSTFED FINL CORP DE COMMON 337907109 68907 1152100 SOLE SOLE FOREST OIL CORP COMMON 346091705 379 10200 SOLE SOLE FORTUNE BRANDS INC CO COMMON 349631101 14160 175615 SOLE SOLE FPL GROUP INC COM COMMON 302571104 238 5940 SOLE SOLE GASCO ENERGY INC COMMON 367220100 63519 11342701SOLE SOLE GENERAL ELEC CO COMMON 369604103 10787 310138 SOLE SOLE GENERAL MLS INC COM COMMON 370334104 320 6306 SOLE SOLE GENERAL MTRS CORP PREFERR 370442741 371 16000 SOLE SOLE GENESIS HEALTHCARE CORP COMMON 37184D101 127534 2902454 SOLE SOLE GENESIS HEALTHCARE CORP COMMON 37184D101 234 5335 NONE NONE GENWORTH FINL INC COM COMMON 37247D106 33887 1013659 SOLE SOLE GENWORTH FINL INC COM COMMON 37247D106 222 6655 NONE NONE GOLDEN WEST FINL CORP COMMON 381317106 14637 215571 SOLE SOLE GREAT PLAINS ENERGY I CONVERT 391164605 2042 83500 SOLE SOLE GREENE CNTY BANCORP I COMMON 394357107 568 39200 SOLE SOLE GRIFFIN LD & NURSERIE COMMON 398231100 1855 61700 SOLE SOLE GROUP 1 AUTOMOTIVE INC COMMON 398905109 585 12300 SOLE SOLE GTSI CORP COM COMMON 36238K103 218 33800 SOLE SOLE GYRODYNE CO AMER INC COMMON 403820103 592 13163 SOLE SOLE HALLWOOD GROUP INC CO COMMON 406364406 15778 109000 SOLE SOLE HANOVER FOODS CORP CD COMMON 41078W100 1470 12564 SOLE SOLE HARTFORD LIFE CAP II PREFERR 416591204 2360 93000 SOLE SOLE HEALTH CARE REIT INC PREFERR 42217K304 2310 907000 SOLE SOLE HEALTHCARE SVCS GROUP COMMON 421906108 49034 2295585 SOLE SOLE HECTOR COMMUNICATIONS COMMON 422730101 1981 66700 SOLE SOLE HEWLETT PACKARD CO CO COMMON 428236103 15886 482860 SOLE SOLE HF FINL CORP COM COMMON 404172108 1222 64940 SOLE SOLE HILFIGER TOMMY U S A PREFERR 430908202 2349 93200 SOLE SOLE HILTON HOTELS CORP QU PREFERR 432848307 2419 94800 SOLE SOLE HOME PPTYS INC PFD SE PREFERR 437306509 2308 89800 SOLE SOLE HOSPITALITY PPTYS TR PREFERR 44106M409 1492 56300 SOLE SOLE HUDSON CITY BANCORP I COMMON 443683107 49273 3707515 SOLE SOLE HUDSON CITY BANCORP I COMMON 443683107 230 17340 NONE NONE I B M COMMON 459200101 348 4214 SOLE SOLE IAC INTERACTIVECORP C COMMON 44919P300 13383 454123 SOLE SOLE ILLINOIS TOOL WKS INC COMMON 452308109 14592 151506 SOLE SOLE INGERSOLL-RAND CO COMMON G4776G101 4566 109261 SOLE SOLE INTL RECTIFIER CORP COMMON 460254105 439 10600 SOLE SOLE INTRAWEST CORP COM NE COMMON 460915200 111874 3272115 SOLE SOLE INTRAWEST CORP COM COMMON 460915200 291 8515 NONE NONE INVESTORS BANCORP COMMON 46146P102 45690 3277653 SOLE SOLE INVESTORS BANCORP COMMON 46146P102 175 12575 NONE NONE IOWA TELECOMMUNICATIO COMMON 462594201 704 36900 SOLE SOLE J ALEXANDER CORP COM COMMON 466096104 4230 522200 SOLE SOLE J.P. MORGAN CHASE & C COMMON 46625H100 470 11291 SOLE SOLE JOHNSON CTLS INC COM COMMON 478366107 16373 215627 SOLE SOLE KB HOME COMMON 48666K109 403 6196 SOLE SOLE K-FED BANCORP COM COMMON 48246S101 1530 122600 SOLE SOLE LACLEDE CAP TR I TOPR PREFERR 50558V201 1985 77400 SOLE SOLE LAIDLAW INTL INC COM COMMON 50730R102 3176 116780 SOLE SOLE LANDAMERICA FINL GROU COMMON 514936103 89299 1316124 SOLE SOLE LANDAMERICA FINL GROU COMMON 514936103 227 3350 NONE NONE LEE ENTERPRISES INC C CONVERT 523768208 9942 320700 SOLE SOLE LEHMAN BROTHERS HLDGS COMMON 524908100 16997 117600 SOLE SOLE LEUCADIA NATL CORP CO COMMON 527288104 106347 1782558 SOLE SOLE LEUCADIA NATL CORP CO COMMON 527288104 279 4680 NONE NONE LEVITT CORP COMMON 52742P108 36069 1636514 SOLE SOLE LIBERTY MEDIA CORP NE COMMON 530718105 14896 1814400 SOLE SOLE LINCOLN BANCORP IND C COMMON 532879103 1059 56300 SOLE SOLE LINCOLN NATL CAP V GT PREFERR 534042205 2303 91400 SOLE SOLE LONGS DRUG STORES COR COMMON 543162101 123374 2665821 SOLE SOLE LONGS DRUG STORES COR COMMON 543162101 249 5375 NONE NONE LONGVIEW FIBRE CO COM COMMON 543213102 9514 368191 SOLE SOLE LSB CORP COM COMMON 50215P100 628 35000 SOLE SOLE LUBRIZOL CORP COMMON 549271104 591 13800 SOLE SOLE LYDALL INC COM COMMON 550819106 289 29900 SOLE SOLE MAF BANCORP INC COM COMMON 55261R108 87949 2009341 SOLE SOLE MAF BANCORP INC COM COMMON 55261R108 204 4665 NONE NONE MAIR HLDGS INC COM COMMON 560635104 546 116579 SOLE SOLE MARCUS CORP COM COMMON 566330106 42844 2147568 SOLE SOLE MARQUETTE NATL CORP C COMMON 571599109 650 500 SOLE SOLE MARSHALL & ILSLEY COR COMMON 571834100 251 5763 SOLE SOLE MAUI LD & PINEAPPLE I COMMON 577345101 2420 64100 SOLE SOLE MBNA CAP E PFD SECS E PREFERR 55270B201 2373 89100 SOLE SOLE MCRAE INDS INC COMMON 582757209 1069 95005 SOLE SOLE MEADOWBROOK INS GROUP COMMON 58319P108 3037 433900 SOLE SOLE MERCK & CO INC COMMON 589331107 14374 408000 SOLE SOLE MERRILL LYNCH PFD CAP PREFERR 59021C203 2359 91500 SOLE SOLE MGIC INVT CORP WIS CO COMMON 552848103 11945 179278 SOLE SOLE MONARCH CEM CO COM COMMON 609031109 375 14421 SOLE SOLE MOTORCAR PTS & ACCESS COMMON 620071100 4180 313140 SOLE SOLE NATIONAL PATENT DEV C COMMON 637132101 2024 1376754 SOLE SOLE NATIONWIDE HLTH PPTYS PREFERR 638620203 2307 22400 SOLE SOLE NEW PLAN EXCEL RLTY T PREFERR 648053809 2300 90900 SOLE SOLE NEW ULM TELECOM INC COMMON 649060100 1231 79427 SOLE SOLE NGAS CONVERTIBLE NOTE CONVERT 62912TCNV 15000 15000000SOLE SOLE NGAS RES INC COM COMMON 62912T103 1917 221389 SOLE SOLE NORTHERN TR CORP COM COMMON 665859104 734 13986 SOLE SOLE O I CORP COM COMMON 670841105 2957 208400 SOLE SOLE OIL DRI CORP AMER COM COMMON 677864100 4088 204400 SOLE SOLE OLD REP INTL CORP COM COMMON 680223104 33605 1540103 SOLE SOLE OLD REP INTL CORP COM COMMON 680223104 212 9717 NONE NONE ORACLE SYS CORP COMMON 68389X105 289 21085 SOLE SOLE OSTEOTECH INC COM COMMON 688582105 239 54454 SOLE SOLE PARADISE INC COM COMMON 699058103 272 15125 SOLE SOLE PARK BANCORP INC COM COMMON 700164106 1334 38100 SOLE SOLE PATHFINDER BANCORP IN COMMON 70320A103 239 19200 SOLE SOLE PATRICK INDS INC COM COMMON 703343103 759 63925 SOLE SOLE PATRIOT TRANSN HLDG I COMMON 70337B102 3857 56708 SOLE SOLE PAULSON CAP CORP COM COMMON 703797100 578 70068 SOLE SOLE PENNEY J C INC COM COMMON 708160106 33853 560391 SOLE SOLE PENNEY J C INC COM COMMON 708160106 242 4010 NONE NONE PENTAIR INC COMMON 709631105 554 13600 SOLE SOLE PETROLEUM & RES CORP COMMON 716549100 412 12400 SOLE SOLE PFIZER INC COMMON 717081103 14561 584317 SOLE SOLE PHH CORP COM NEW COMMON 693320202 33349 1249010 SOLE SOLE PIONEER MUN HIGH INCM TRCOMMON 723763108 393 28900 SOLE SOLE PIONEER NAT RES CO CO COMMON 723787107 64563 1459042 SOLE SOLE PIONEER NAT RES CO COMMON 723787107 119 2680 NONE NONE PLAINS ALL AMERN PIPE COMMON 726503105 37124 825354 SOLE SOLE PLAINS EXPLORATION & COMMON 726505100 91538 2368992 SOLE SOLE PLAINS EXPLORATION & COMMON 726505100 206 5335 NONE NONE PLUM CREEK TIMBER CO COMMON 729251108 19601 530750 SOLE SOLE PLUM CREEK TIMBER CO COMMON 729251108 196 5315 NONE NONE POLARIS INDS INC COMMON 731068102 589 10800 SOLE SOLE POST PPTYS INC PFD A PREFERR 737464206 2274 41200 SOLE SOLE PRICESMART INC COM COMMON 741511109 5485 688171 SOLE SOLE PROGRESS ENERGY COMMON 743263105 213 4838 SOLE SOLE PROSPERITY BANCSHRS COMMON 743606105 532 17600 SOLE SOLE PROVIDENCE & WORCESTE COMMON 743737108 1489 91900 SOLE SOLE PROVIDENT FINANCIAL S COMMON 74386T105 26836 1482642 SOLE SOLE PS BUSINESS PKS INC C PREFERR 69360J503 2352 93600 SOLE SOLE PSB BANCORP INC COM COMMON 693604100 736 59021 SOLE SOLE PUBLIC STORAGE INC DE PREFERR 74460D687 2346 93000 SOLE SOLE QUICKSILVER RES INC C COMMON 74837R104 80961 2094178 SOLE SOLE QUICKSILVER RES INC C COMMON 74837R104 206 5325 NONE NONE R & B INC COM COMMON 749124103 875 85400 SOLE SOLE RADIAN GROUP I NC COMMON 750236101 615 10200 SOLE SOLE REDDY ICE HLDGS INC COMMON 75734R105 580 26100 SOLE SOLE REGENCY AFFILIATES IN COMMON 758847305 697 109540 SOLE SOLE RENAISSANCERE HLDGS LT COMMON G7496G103 510 11700 SOLE SOLE REX STORE CORP COM COMMON 761624105 7928 526100 SOLE SOLE ROCK OF AGES CORP DEL COMMON 772632105 748 151500 SOLE SOLE ROME BANCORP INC NEW COMMON 77587P103 1482 125070 SOLE SOLE S & K FAMOUS BRANDS I COMMON 783774102 2235 117004 SOLE SOLE SADLIER WILLIAM H INC COMMON 786327106 730 20000 SOLE SOLE SANTA FE ENERGY TRUST COMMON 802013102 509 17000 SOLE SOLE SCHEID VINEYARDS INC COMMON 806403101 2135 321050 SOLE SOLE SERVICE BANCORP INC C COMMON 81756X103 531 18800 SOLE SOLE SHENANDOAH TELECOMMUN COMMON 82312B106 2907 64610 SOLE SOLE SHERWIN WILLIAMS CO C COMMON 824348106 315 6365 SOLE SOLE SHURGARD STORAGE CTRS PREFERR 82567D401 2380 94700 SOLE SOLE SIMON PPTY GROUP INC PREFERR 828806604 2438 96300 SOLE SOLE SKY FINL GROUP INC COMMON 83080P103 517 19500 SOLE SOLE SLM CORPORATION COM COMMON 78442P106 14349 276254 SOLE SOLE SMITHFIELD FOODS INC COMMON 832248108 631 21500 SOLE SOLE SOLECTRON CORP COM COMMON 834182107 3160 790047 SOLE SOLE SOUND FED BANCORP INC COMMON 83607V104 1681 81623 SOLE SOLE SOUTHWESTERN ENERGY C COMMON 845467109 5579 173300 SOLE SOLE SPDR TR UNIT SER 1 COMMON 78462F103 832 6408 SOLE SOLE SPECTRUM BRANDS INC COMMON 84762L105 389 17900 SOLE SOLE SPPEDWAY MOTORSPORTS COMMON 847788106 546 14300 SOLE SOLE STIFEL FINL CAP TR I PREFERR 860629203 784 29300 SOLE SOLE STIFEL FINL CORP COM COMMON 860630102 2409 55167 SOLE SOLE STRATEGIC DISTR INC C COMMON 862701307 1150 127252 SOLE SOLE STRATEGIC DISTR INC C COMMON 862701307 129 6655 NONE NONE SUPERIOR INDS INTL IN COMMON 868168105 46139 2383205 SOLE SOLE SUPERIOR UNIFORM INC COMMON 868358102 2318 210500 SOLE SOLE SUPREME INDS INC CL A COMMON 868607102 1300 174950 SOLE SOLE SYNERGY FINANCIAL GRO COMMON 87162V102 1774 122200 SOLE SOLE SYSTEMAX INC COM COMMON 871851101 1291 178800 SOLE SOLE TANDY BRANDS ACCESSOR COMMON 875378101 4919 477545 SOLE SOLE TECH DATA CORP COM COMMON 878237106 75848 2054935 SOLE SOLE TECH DATA CORP COM COMMON 878237106 217 5880 NONE NONE TECHE HLDG CO COM COMMON 878330109 944 22600 SOLE SOLE TELEPHONE & DATA SYS PREFERR 879433878 2385 95400 SOLE SOLE TESSCO TECHNOLOGIES I COMMON 872386107 11647 629575 SOLE SOLE THIRD CENTY BANCORP & COMMON 884120106 1817 133088 SOLE SOLE THORNBURG MTG INC COM COMMON 885218107 1131 41800 SOLE SOLE TIME WARNER INC COMMON 887317105 16485 981813 SOLE SOLE TORCHMARK CAP TR I TR PREFERR 89102Q201 2349 92100 SOLE SOLE TRIARC COS INC CL A COMMON 895927101 81735 4483560 SOLE SOLE TRIBUNE CO COMMON 896047107 129 4515 SOLE SOLE TRIBUNE CO COMMON 896047107 44907 1567437 NONE NONE UMB FINL CORP COM COMMON 902788108 76628 1091107 SOLE SOLE UBM FINL CORP COM COMMON 902788108 166 2360 NONE NONE UNITED DOMINION RLTY PREFERR 910197300 2405 93300 SOLE SOLE UNITED STATES CELLULA PREFERR 911684207 23909 90000 SOLE SOLE UNITED TECHNOLOGIES C COMMON 913017109 15927 274739 SOLE SOLE USB CAP III TR PFD SE PREFERR 90335H208 2350 92600 SOLE SOLE VIACOM INC CL B COMMON 925524308 298 7983 SOLE SOLE VILLAGE SUPER MKT INC COMMON 927107409 1899 31913 SOLE SOLE VNB CAP TR I TOPS 7.3 PREFERR 92856Q203 2359 93100 SOLE SOLE VULCAN INTL CORP COM COMMON 929136109 3101 57160 SOLE SOLE WABASH NATL CORP COMMON 929566107 201 10200 SOLE SOLE WARWICK VALLEY TEL CO COMMON 936750108 3674 170071 SOLE SOLE WCI COMMUNITIES COMMON 92923C104 473 17000 SOLE SOLE WELLSFORD REAL PPTYS COMMON 950240200 505 63800 SOLE SOLE WENDYS INTL INC COM COMMON 950590109 38369 618262 SOLE SOLE WENDYS INTL INC COM COMMON 950590109 290 4670 NONE NONE WESTERN GAS RES INC C COMMON 958259103 46756 969031 SOLE SOLE WESTFIELD FINL INC CO COMMON 96008D101 766 31000 SOLE SOLE WHIRLPOOL CORP COMMON 963320106 230 2514 SOLE SOLE YRC WORLDWIDE INC COMMON 984249102 430 11300 SOLE SOLE ZAPATA CORP NEV COM P COMMON 989070602 1720 283900 SOLE SOLE ZIONS CAP TR B CAP SE PREFERR 989703202 2388 91450 SOLE SOLE 3782593 166303277 -----END PRIVACY-ENHANCED MESSAGE-----