13F-HR/A 1 f13f1204a.txt 13F AMENDMENT UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 Form 13F Form 13F COVER PAGE Report for the Calendar Year or Quarter Ended: 12/31/04 Check here if Amendment [X]; Amendment Number: 1 This Amendment (Check only one.): [X] 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 2/15/05 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: 88 Form 13f Information Table Value Total: 19,000,594 (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 ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- Alltel Corp COM 020039103 32195 547900 SH SOLE 547900 Aon Corp COM 037389103 736782 30879400 SH SOLE 24085400 6794000 349000 14627000 SH DEFINED 01 14627000 931 39000 SH OTHER 39000 Cemex SA - ADR COM 151290889 532822 14629936 SH SOLE 11364236 3265700 445038 12219600 SH DEFINED 01 12219600 Checkpoint Systems, Inc. COM 162825103 19418 1075800 SH SOLE 821900 253900 Comcast Corp Cl A COM 20030N101 126584 3803595 SH SOLE 2693747 1109848 55544 1668996 SH DEFINED 01 1668996 43 1294 SH OTHER 1294 Comcast Corp Special Cl A COM 20030N200 751514 22884107 SH SOLE 18439607 4444500 419006 12759000 SH DEFINED 01 12759000 870 26500 SH OTHER 26500 Coors - Class B COM 217016104 86476 1142800 SH SOLE 1091800 51000 213768 2825000 SH DEFINED 01 2825000 DIRECTV Group, Inc. COM 25459L106 829443 49548544 SH SOLE 41317171 8231373 402011 24015000 SH DEFINED 01 24015000 997 59543 SH OTHER 59543 Deltic Timber Corp COM 247850100 3141 74000 SH SOLE 74000 59689 1406100 SH DEFINED 01 1406100 Diageo Plc - ADR COM 25243Q205 31799 549400 SH SOLE 502400 47000 Everest Re Group Ltd. COM G3223R108 154625 1726500 SH SOLE 1562500 164000 63310 706900 SH DEFINED 01 706900 Fair Isaac Corporation COM 303250104 227 6200 SH SOLE 6200 FedEx Corp. COM 31428X106 554884 5633911 SH SOLE 4439311 1194600 524518 5325600 SH DEFINED 01 5325600 2351 23866 SH OTHER 23866 First Horizon National Corp COM 320517105 1035 24000 SH SOLE 24000 General Motors COM 370442105 691783 17268660 SH SOLE 13329860 3938800 350164 8741000 SH DEFINED 01 8741000 795 19833 SH OTHER 19833 Hasbro Inc COM 418056107 235045 12128200 SH SOLE 8779600 3348600 130369 6727000 SH DEFINED 01 6727000 Hilb, Rogal & Hobbs Co. COM 431294107 2646 73000 SH SOLE 73000 127797 3526400 SH DEFINED 01 3526400 IHOP Corp. COM 449623107 38840 927200 SH SOLE 809200 118000 124753 2978100 SH DEFINED 01 2978100 Jacuzzi Brands, Inc. COM 469865109 32945 3786800 SH SOLE 2792500 994300 76987 8849100 SH DEFINED 01 8849100 Knight Ridder COM 499040103 243193 3633000 SH SOLE 2982300 650700 199033 2973300 SH DEFINED 01 2973300 723 10800 SH OTHER 10800 Koninklijke Philips Electronic COM 500472303 712556 26888900 SH SOLE 21899900 4989000 132633 5005034 SH DEFINED 01 5005034 954 36000 SH OTHER 36000 Level 3 Communications COM 52729N100 178829 52751918 SH SOLE 40101763 12650155 366887 108226271SH DEFINED 01 108226271 Millea Holdings, Inc. ADR COM 60032R106 68342 916000 SH SOLE 916000 NTT Docomo, Inc. ADR COM 62942M201 23007 1235600 SH SOLE 524600 711000 Neiman Marcus Group Class B COM 640204301 32365 484500 SH SOLE 484500 155811 2332500 SH DEFINED 01 2332500 Neiman-Marcus Group COM 640204202 128021 1789500 SH SOLE 1514500 275000 News Corp Inc. COM 65248E203 55357 2883196 SH SOLE 2647196 236000 113688 5921240 SH DEFINED 01 5921240 Nippon Telegraph and Telephone COM 654624105 31690 1405300 SH SOLE 1122300 283000 Odyssey Re Holdings Corp COM 67612W108 7056 279900 SH SOLE 253400 26500 8556 339400 SH DEFINED 01 339400 PepsiAmericas. Inc. COM 71343P200 36395 1713500 SH SOLE 1493500 220000 111784 5262900 SH DEFINED 01 5262900 Pioneer Natural Resources Co. COM 723787107 174114 4960500 SH SOLE 3770900 1189600 303303 8641100 SH DEFINED 01 8641100 632 18000 SH OTHER 18000 Ruddick Corp. COM 781258108 73618 3394100 SH DEFINED 01 3394100 Saks, Inc. COM 79377W108 388914 26803200 SH SOLE 19815500 6987700 Shaw Communications, Inc. Clas COM 82028K200 210500 11509000 SH SOLE 7793700 3715300 302253 16525600 SH DEFINED 01 16525600 Telephone & Data Systems, Inc. COM 879433100 616751 8014957 SH SOLE 5932957 2082000 276905 3598500 SH DEFINED 01 3598500 693 9000 SH OTHER 9000 Texas Industries COM 882491103 3156 50600 SH SOLE 50600 122745 1967700 SH DEFINED 01 1967700 Vail Resorts, Inc. COM 91879Q109 9711 433140 SH DEFINED 01 433140 Vivendi Universal ADR COM 92851S204 750851 23412884 SH SOLE 18621784 4791100 132831 4141900 SH DEFINED 01 4141900 1411 44000 SH OTHER 44000 Walt Disney Company COM 254687106 974115 35040100 SH SOLE 28059500 6980600 513327 18465000 SH DEFINED 01 18465000 1279 46000 SH OTHER 46000 Waste Management, Inc. COM 94106L109 669779 22370723 SH SOLE 17566223 4804500 304223 10161100 SH DEFINED 01 10161100 1082 36132 SH OTHER 36132 Willis Group Holdings Ltd COM G96655108 141337 3433000 SH SOLE 3030000 403000 147636 3586000 SH DEFINED 01 3586000 Yum! Brands, Inc. COM 988498101 809667 17161223 SH SOLE 14247223 2914000 580220 12298000 SH DEFINED 01 12298000 1604 34000 SH OTHER 34000 Fairfax Financial Holdings Ltd COM 303901102 367764 2178780 SH SOLE 1690380 488400 303153 1796000 SH DEFINED 01 1796000