13F-HR 1 f13f0607.txt 13F JUNE 2007 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 Form 13F Form 13F COVER PAGE Report for the Calendar Year or Quarter Ended: 06/30/2007 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: Southeastern Asset Management, Inc. Address: 6410 Poplar Avenue, Suite 900 Memphis, Tennessee 38119 Form 13F File Number: 28-1399 The institutional investment manager filing this report and the person signing the report 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 to be integral parts of this form. Person Signing this Report on Behalf of Reporting Manager: Name: Randy D. Holt Title: Vice President and Secretary Phone: 901-818-5100 Signature, Place, and Date of Signing: Randy D. Holt Memphis, Tennessee 08/13/2007 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).) List of Other Managers Reporting for this Manager: None Form 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 1 Form 13F Information Table Entry Total: 105 Form 13f Information Table Value Total: 33959991 (thousands) List of Other Included Managers: Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report. No. Form 13F File Number Name 01 28-N/A Longleaf Partners Funds Trust, an investment company registered under the Investment Company Act of 1940 (File # 811-4923) on behalf of one or more of its three series: Longleaf Partners Fund Longleaf Partners Small-Cap Fund Longleaf Partners International Fund FORM 13F INFORMATION TABLE VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- Aon Corporation COM 037389103 1056161 24786700 SH Sole 20556700 4230000 623256 14627000 SH Defined 01 14627000 1065 25000 SH Other 25000 CEMEX S.A.B. de C.V. ADR COM 151290889 1236510 33509765 SH Sole 29391349 4118416 779346 21120493 SH Defined 01 21120493 904 24491 SH Other 24491 Chesapeake Energy Corporation COM 165167107 1083930 31327459 SH Sole 27078459 4249000 617825 17856200 SH Defined 01 17856200 900 26000 SH Other 26000 Comcast Corporation Cl A COM 20030N101 14847 528000 SH Sole 250500 277500 Comcast Corporation Spl Cl A COM 20030N200 408768 14619744 SH Sole 12628744 1991000 270975 9691531 SH Defined 01 9691531 356 12750 SH Other 12750 Del Monte Foods Company COM 24522P103 2495 205150 SH Sole 205150 160193 13173806 SH Defined 01 13173806 Dell Inc. COM 24702R101 2188385 76650960 SH Sole 67300682 9350278 1546854 54180530 SH Defined 01 54180530 1742 61000 SH Other 61000 DIRECTV Group, Inc. COM 25459L106 1267745 54857002 SH Sole 47715801 7141201 527160 22810900 SH Defined 01 22810900 742 32108 SH Other 32108 Discovery Holding Company COM 25468Y107 241546 10506573 SH Sole 9316473 1190100 385251 16757344 SH Defined 01 16757344 140 6100 SH Other 6100 EBay Inc. COM 278642103 171920 5342458 SH Sole 5139000 203458 295124 9171050 SH Defined 01 9171050 EnCana Corporation COM 292505104 102068 1661000 SH Sole 1661000 200634 3265000 SH Defined 01 3265000 Everest Re Group, Ltd. COM G3223R108 217378 2000900 SH Sole 1896900 104000 154464 1421800 SH Defined 01 1421800 Fair Isaac Corporation COM 303250104 1176 29300 SH Sole 29300 76324 1902400 SH Defined 01 1902400 FedEx Corporation COM 31428X106 411769 3710638 SH Sole 2991638 719000 443725 3998600 SH Defined 01 3998600 725 6533 SH Other 6533 First Horizon National Corpora COM 320517105 936 24000 SH Sole 24000 General Motors Corporation COM 370442105 1022161 27041300 SH Sole 23145600 3895700 538272 14240000 SH Defined 01 14240000 794 21000 SH Other 21000 Hilb Rogal & Hobbs Company COM 431294107 3129 73000 SH Sole 73000 151142 3526400 SH Defined 01 3526400 IDT Corporation COM 448947101 63 6300 SH Sole 6300 4608 459400 SH Defined 01 459400 IDT Corporation Cl B COM 448947309 1616 156550 SH Sole 156550 104576 10133310 SH Defined 01 10133310 IHOP Corp. COM 449623107 26616 489000 SH Sole 287000 202000 162098 2978100 SH Defined 01 2978100 Ingersoll-Rand Company Limited COM G4776G101 294673 5375282 SH Sole 5028282 347000 215497 3931000 SH Defined 01 3931000 Level 3 Communications, Inc. COM 52729N100 1003870 171601647 SH Sole 146845000 24756647 1179791 201673756 SH Defined 01 201673756 164 28000 SH Other 28000 Liberty Media Corporation Capi COM 53071M302 1133300 9630354 SH Sole 8506554 1123800 547091 4648976 SH Defined 01 4648976 853 7250 SH Other 7250 Liberty Media Corporation Inte COM 53071M104 1026287 45959988 SH Sole 39664288 6295700 504316 22584666 SH Defined 01 22584666 832 37250 SH Other 37250 Millea Holdings, Inc. ADR COM 60032R106 215600 5253417 SH Sole 3994417 1259000 NTT DoCoMo, Inc. ADR COM 62942M201 12695 803500 SH Sole 578000 225500 Odyssey Re Holdings Corp. COM 67612W108 70768 1650000 SH Sole 1055000 595000 36191 843800 SH Defined 01 843800 PepsiAmericas, Inc. COM 71343P200 3539 144100 SH Sole 144100 76423 3111700 SH Defined 01 3111700 Pioneer Natural Resources Comp COM 723787107 556115 11416857 SH Sole 9022357 2394500 622938 12788700 SH Defined 01 12788700 779 16000 SH Other 16000 Potlatch Corporation COM 737630103 2434 56545 SH Sole 56545 159372 3702022 SH Defined 01 3702022 Royal Philips Electronics ADR COM 500472303 855390 20212428 SH Sole 17357428 2855000 197907 4676434 SH Defined 01 4676434 846 20000 SH Other 20000 Ruddick Corporation COM 781258108 1410 46800 SH Sole 46800 145284 4823500 SH Defined 01 4823500 Service Corporation Internatio COM 817565104 3362 263100 SH Sole 263100 213674 16719400 SH Defined 01 16719400 Sprint Nextel Corporation COM 852061100 1083202 52303348 SH Sole 46295848 6007500 555399 26817900 SH Defined 01 26817900 953 46000 SH Other 46000 Symantec Corporation COM 871503108 450977 22325575 SH Sole 18774575 3551000 127559 6314800 SH Defined 01 6314800 828 41000 SH Other 41000 Telephone and Data Systems, In COM 879433100 138361 2211300 SH Sole 1906500 304800 95782 1530800 SH Defined 01 1530800 375 6000 SH Other 6000 Telephone and Data Systems, In COM 879433860 671513 11668347 SH Sole 9453210 2215137 326090 5666200 SH Defined 01 5666200 345 6000 SH Other 6000 Texas Industries, Inc. COM 882491103 3654 46600 SH Sole 46600 254425 3244800 SH Defined 01 3244800 The Washington Post Company COM 939640108 1824 2350 SH Sole 2350 122050 157263 SH Defined 01 157263 Walt Disney Company COM 254687106 1168931 34239334 SH Sole 29169834 5069500 528822 15489800 SH Defined 01 15489800 990 29000 SH Other 29000 Wendy's International, Inc. COM 950590109 134645 3663800 SH Defined 01 3663800 Willis Group Holdings Limited COM G96655108 222128 5041500 SH Sole 4886500 155000 268722 6099000 SH Defined 01 6099000 Worthington Industries, Inc. COM 981811102 898 41500 SH Sole 41500 57561 2658700 SH Defined 01 2658700 Yum! Brands, Inc. COM 988498101 670055 20478452 SH Sole 17624128 2854324 780509 23854200 SH Defined 01 23854200 916 28000 SH Other 28000 Fairfax Financial Holdings Lim COM 303901102 359074 1876980 SH Sole 1677980 199000 343583 1796000 SH Defined 01 1796000