13F-HR 1 wz45528-13f.txt WALLACE R. WEITZ & CO. UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F Form 13F COVER PAGE Report for the Calendar Year or Quarter Ended: December 31, 2008 -------------------------------- 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: Wallace R. Weitz -------------------------------------------------------------- Address: Wallace R. Weitz & Co. -------------------------------------------------------------- One Pacific Place, Suite 600 -------------------------------------------------------------- 1125 South 103 Street -------------------------------------------------------------- Omaha, Nebraska 68124-6008 -------------------------------------------------------------- Form 13F File Number: 28-3062 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: Wallace R. Weitz -------------------------------------------------------------- Title: President -------------------------------------------------------------- Phone: 402-391-1980 -------------------------------------------------------------- Signature, Place, and Date of Signing: /s/ Wallace R. Weitz Omaha, Nebraska February 12, 2009 -------------------------- -------------------------- ------------------- Signature City, State Date Report Type (Check only one.): [X] 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).) [ ] 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).) Form 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 ------------------------------- Form 13F Information Table Entry Total: 66 ------------------------------- Form 13F Information Table Value Total: $1,607,798 ------------------------------- (thousands) List of Other Included Managers: None WALLACE R. WEITZ & COMPANY 31-Dec-08 13F FILE NO. 28-3062 FORM 13F INFORMATION TABLE

------------------------------------------------------------------------------------------------------------------------------- COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 ------------------------------------------------------------------------------------------------------------------------------- VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS AUTHORITY ------------------------------------------------------------------------------------------------------------------------------- TYCO INTL LTD BERMUDA SHS G9143X208 37,784 1,749,250 SH Sole N/A Shared WILLIS GROUP HOLDINGS LTD SHS G96655108 19,533 785,100 SH Sole N/A Shared ACI WORLDWIDE INC COM 004498101 7,649 481,100 SH Sole N/A Sole AMERICAN EXPRESS CO COM 025816109 53,841 2,902,500 SH Sole N/A Shared APACHE CORP COM 037411105 160 2,150 SH Sole N/A Sole BED BATH & BEYOND INC COM 075896100 14,337 564,000 SH Sole N/A Sole BERKSHIRE HATHAWAY INC DEL CL A 084670108 51,101 529 SH Sole N/A Shared BERKSHIRE HATHAWAY INC DEL CL B 084670207 171,146 53,250 SH Sole N/A Sole BURLINGTON NORTHN SANTA FE C COM 12189T104 3,884 51,300 SH Sole N/A Shared CABELAS INC COM 126804301 25,027 4,292,800 SH Sole N/A Shared CADBURY PLC SPONS ADR 12721E102 71 2,000 SH Sole N/A Sole CARDINAL HEALTH INC COM 14149Y108 5,688 165,000 SH Sole N/A Sole CEMEX SAB DE CV SPON ADR NEW 151290889 320 35,000 SH Sole N/A Sole COINSTAR INC COM 19259P300 20,161 1,033,386 SH Sole N/A Shared COMCAST CORP NEW CL A 20030N101 21,184 1,255,000 SH Sole N/A Sole COMCAST CORP NEW CL A SPL 20030N200 51,602 3,195,200 SH Sole N/A Shared CONOCOPHILLIPS COM 20825C104 8,081 156,000 SH Sole N/A Shared CONVERA CORP CL A 211919105 159 590,000 SH Sole N/A Sole CUMULUS MEDIA INC CL A 231082108 5,542 2,225,600 SH Sole N/A Sole DAILY JOURNAL CORP COM 233912104 3,973 116,000 SH Sole N/A Sole DELL INC COM 24702R101 56,957 5,562,227 SH Sole N/A Shared DEVON ENERGY CORP NEW COM 25179M103 151 2,300 SH Sole N/A Sole DIAGEO P L C SPON ADR NEW 25243Q205 567 10,000 SH Sole N/A Sole DISCOVERY COMMUNICATNS NEW COM SER A 25470F104 14,511 1,024,800 SH Sole N/A Shared EOG RES INC COM 26875P101 153 2,300 SH Sole N/A Sole EAGLE MATERIALS INC COM 26969P108 21,362 1,160,335 SH Sole N/A Shared EBAY INC COM 278642103 9,353 670,000 SH Sole N/A Sole ENERGIZER HLDGS INC COM 29266R108 2,853 52,700 SH Sole N/A Sole GOOGLE INC CL A 38259P508 2,593 8,430 SH Sole N/A Sole HSN INC COM 404303109 6,210 854,128 SH Sole N/A Shared IAC INTERACTIVECORP COM PAR $.001 44919P508 3,508 223,000 SH Sole N/A Shared ITT EDUCATIONAL SERVICES INC COM 45068B109 1,991 20,960 SH Sole N/A Sole INTELLIGENT SYS CORP NEW COM 45816D100 926 881,999 SH Sole N/A Sole INTERVAL LEISURE GROUP INC COM 46113M108 4,693 870,708 SH Sole N/A Shared LABORATORY CORP AMER HLDGS COM NEW 50540R409 10,789 167,500 SH Sole N/A Sole LEGG MASON INC COM 524901105 116 5,300 SH Sole N/A Sole LEAP WIRELESS INTL INC COM NEW 521863308 84 3,140 SH Sole N/A Sole LEVEL 3 COMMUNICATIONS INC COM 52729N100 2,150 3,071,900 SH Sole N/A Sole LIBERTY GLOBAL INC COM SER C 530555309 59,814 3,940,330 SH Sole N/A Shared LIBERTY MEDIA CORP NEW INT COM SER A 53071M104 33,378 10,698,000 SH Sole N/A Shared LIBERTY MEDIA CORP NEW CAP COM SER A 53071M302 13,092 2,779,600 SH Sole N/A Shared LIBERTY MEDIA CORP NEW ENT COM SER A 53071M500 60,568 3,465,000 SH Sole N/A Shared LOWES COS INC COM 548661107 52,530 2,441,000 SH Sole N/A Shared MARTIN MARIETTA MATLS INC COM 573284106 39,793 409,898 SH Sole N/A Shared MICROSOFT CORP COM 594918104 41,956 2,158,212 SH Sole N/A Shared MOHAWK INDS INC COM 608190104 28,530 663,955 SH Sole N/A Shared NEWCASTLE INVT CORP COM 65105M108 2,062 2,455,068 SH Sole N/A Sole NEWS CORP CL A 65248E104 20,877 2,296,690 SH Sole N/A Shared OMNICARE INC COM 681904108 64,090 2,308,730 SH Sole N/A Shared REDWOOD TR INC COM 758075402 81,803 5,486,465 SH Sole N/A Shared SIX FLAGS INC PIERS 83001P505 47 65,000 SH Sole N/A Sole TELEPHONE & DATA SYS INC SPL COM 879433860 93,086 3,312,680 SH Sole N/A Shared TICKETMASTER ENTMT INC COM 88633P302 5,998 934,328 SH Sole N/A Shared TREE COM INC COM 894675107 173 66,666 SH Sole N/A Sole US BANCORP DEL COM NEW 902973304 1,751 70,000 SH Sole N/A Sole U S G CORP COM NEW 903293405 15,139 1,883,000 SH Sole N/A Shared UNITED PARCEL SERVICE INC CL B 911312106 34,199 620,000 SH Sole N/A Sole UNITED STATES CELLULAR CORP COM 911684108 208 4,820 SH Sole N/A Sole UNITEDHEALTH GROUP INC COM 91324P102 67,651 2,543,261 SH Sole N/A Shared UNITED STATES OIL FUND LP UNITS 91232N108 331 10,000 SH Sole N/A Sole VULCAN MATLS CO COM 929160109 32,216 463,000 SH Sole N/A Sole WAL MART STORES INC COM 931142103 24,218 432,000 SH Sole N/A Sole WASHINGTON POST CO CL B 939640108 59,718 153,025 SH Sole N/A Shared WELLPOINT INC COM 94973V107 107,227 2,545,150 SH Sole N/A Shared WELLS FARGO & CO NEW COM 949746101 21,299 722,500 SH Sole N/A Sole XTO ENERGY INC COM 98385X106 5,834 165,400 SH Sole N/A Sole --------------------------- 66 1,607,798 87,340,670 ---------------------------