13F-HR 1 form13f-093003.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F Form 13F COVER PAGE Report for the Calendar Year or Quarter Ended: September 30, 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: PETER CUNDILL & ASSOCIATES (BERMUDA) LTD. 15 Alton Hill Southampton, SN01, Bermuda Form 13F File Number: 28-05483 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: Lisa M. Pankratz Title: Vice President Phone: (604) 601-8324 Signature, Place, and Date of Signing: /s/ Lisa M. Pankratz Vancouver, B.C. Canada November 5, 2003 ---------------------- ---------------------- ----------------- [Signature] [City, State] [Date] The Other Included Manager, McElvaine Investment Management Ltd., ("MIML") is under common control with the Filing Manager. MIML exercises sole investment discretion and sole voting authority over the seucrities it manages. 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: Mackenzie Financial Corporation (Form 13F File Number 28-5178) with respect to securities held in Mackenzie Universal Select Managers Fund, Mackenzie Universal Select Managers Canada Fund, Mackenzie Universal Select Managers Capital Class, Mackenzie Universal Select Managers Canada Capital Class, Mackenzie Cundill Value Capital Class, Mackenzie Cundill American Capital Class, Mackenzie Universal Select Managers International Capital Class, IG Mackenzie Select Managers Fund, and IG Mackenzie Select Managers Canada Class. Form 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 1 ----------------------- Form 13F Information Table Entry Total: 21 ----------------------- Form 13F Information Table Value Total: $303,799,228 ----------------------- List of Other Included Managers: 01 - McElvaine Investment Management Ltd. PETER CUNDILL & ASSOCIATES (BERMUDA) LTD. Name of Reporting Manager Form 13F Information Table
Name of Title of CUSIP Value Shrs or SH/PRN Put/ Investment Other Voting Authority issuer class (x$1000) prn amt Call discretion managers Sole Shared None Alderwoods Common 014383103 11,938 1,540,000 SH OTHER 01 1,065,000 0 475,000 Group Inc. Stock BCE Inc. Common 05534B109 20,831 965,000 SH SOLE 965,000 0 0 Stock Brascan Cl. A 10549P606 22,646 895,942 SH SOLE 895,942 0 0 Corp. Ltd. Vtg. Shares Canadian Common 136069101 13,926 340,000 SH SOLE 340,000 0 0 Imperial Stock Bank of Commerce Canadian Common 136385101 22,106 537,000 SH SOLE 537,000 0 0 Natural Stock Resources Ltd. Encana Corp. Common 292505104 13,941 385,000 SH SOLE 385,000 0 0 Stock Fairfax Sub. 303901102 22,734 145,850 SH SOLE 145,850 0 0 Financial Vtg. Holdings Ltd. Shares Focus Common 344159108 1,854 755,000 SH SOLE 755,000 0 0 Enhancements Stock Inc. Goldcorp Common 380956409 9,768 699,760 SH SOLE 699,760 0 0 Inc. Stock Grill Common 398502203 998 434,900 SH SOLE 434,900 0 0 Concepts Stock Inc. IDT Corp. Common 448947309 37,861 2,096,400 SH SOLE 2,096,400 0 0 Class "B" Stock Liberty Common 530718105 55,346 5,551,271 SH SOLE 5,551,271 0 0 Media Corp. Stock-A New Mattell Inc. Common 577081102 5,328 281,000 SH OTHER 01 0 0 281,000 Stock McDonalds Common 580135101 363 15,400 SH SOLE 15,400 0 0 Corp. Stock Natuzzi ADR 63905A101 310 30,400 SH SOLE 30,400 0 0 S.p.A. Noranda Inc. Common 655422103 21,872 2,124,900 SH SOLE 2,124,900 0 0 Stock Potlatch Common 737628107 6,957 234,100 SH SOLE 234,100 0 0 Corporation Stock Quebecor Common 748203106 3,532 188,000 SH SOLE 188,000 0 0 World Inc. Stock Time Common 00184A105 7,555 500,000 SH SOLE 500,000 0 0 Warner Stock Talisman Common 87425E103 2,065 43,500 SH SOLE 43,500 0 0 Energy Inc. Stock Videsh ADR 92659G600 21,869 4,165,500 SH SOLE 4,165,500 0 0 Sanchar Nigam Ltd. - sp ADR