13F-HR 1 wz52289-13f.txt WEITZ WALLACE R & 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: June 30, 2011 ------------- 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 200 ---------------------------------------------------------------------- 1125 South 103 Street ---------------------------------------------------------------------- Omaha, Nebraska 68124-1071 ---------------------------------------------------------------------- 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 August 11, 2011 ------------------------------- -------------------- ------------------- 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: 80 ----------------- Form 13F Information Table Value Total: $2,258,904 ----------------- (thousands) List of Other Included Managers: None WALLACE R. WEITZ & COMPANY 30-Jun-11 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 --------------------------------------------------------------------------------------------------------------------------------- ACCENTURE PLC IRELAND SHS CLASS A G1151C101 10,531 174,300 SH Sole N/A Sole WILLIS GROUP HOLDINGS PUBLIC SHS G96666105 23,249 565,532 SH Sole N/A Shared TYCO INTERNATIONAL LTD SHS H89128104 64,681 1,308,530 SH Sole N/A Shared ACI WORLDWIDE INC COM 004498101 1,689 50,000 SH Sole N/A Sole AMERICAN EAGLE OUTFITTERS NE COM 02553E106 2,040 160,000 SH Sole N/A Sole ANHEUSER BUSCH INBEV SA/NV SPONSORED ADR 03524A108 22,334 385,000 SH Sole N/A Sole AON CORP COM 037389103 122,293 2,383,886 SH Sole N/A Shared APACHE CORP COM 037411105 617 5,000 SH Sole N/A Sole APPLE INC COM 037833100 189 563 SH Sole N/A Sole ASCENT MEDIA CORP COM SER A 043632108 32,312 610,000 SH Sole N/A Sole BERKSHIRE HATHAWAY INC DEL CL A 084670108 9,521 82 SH Sole N/A Shared BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 91,822 1,186,488 SH Sole N/A Shared BROWN & BROWN INC COM 115236101 11,266 439,060 SH Sole N/A Shared CNA FINL CORP COM 126117100 3,940 135,632 SH Sole N/A Sole CVS CAREMARK CORPORATION COM 126650100 32,488 864,510 SH Sole N/A Shared CABELAS INC COM 126804301 3,258 120,000 SH Sole N/A Sole CISCO SYS INC COM 17275R102 173 11,064 SH Sole N/A Sole COLE KENNETH PRODTNS INC CL A 193294105 1,249 100,000 SH Sole N/A Sole COINSTAR INC COM 19259P300 1,947 35,691 SH Sole N/A Sole COMCAST CORP NEW CL A 20030N101 185 7,300 SH Sole N/A Sole COMCAST CORP NEW CL A SPL 20030N200 49,728 2,052,312 SH Sole N/A Shared COMPASS MINERALS INTL INC COM 20451N101 7,468 86,770 SH Sole N/A Shared CONOCOPHILLIPS COM 20825C104 79,428 1,056,360 SH Sole N/A Shared CUMULUS MEDIA INC CL A 231082108 6,965 1,990,000 SH Sole N/A Sole DELL INC COM 24702R101 103,572 6,213,079 SH Sole N/A Shared DEVON ENERGY CORP NEW COM 25179M103 276 3,500 SH Sole N/A Sole DIAGEO P L C SPON ADR NEW 25243Q205 15,637 191,000 SH Sole N/A Sole DISCOVERY COMMUNICATNS NEW COM SER C 25470F302 11,696 320,000 SH Sole N/A Sole EOG RES INC COM 26875P101 523 5,000 SH Sole N/A Sole EAGLE MATERIALS INC COM 26969P108 30,489 1,093,960 SH Sole N/A Shared EHEALTH INC COM 28238P109 1,336 100,000 SH Sole N/A Sole ENERGIZER HLDGS INC COM 29266R108 6,512 90,000 SH Sole N/A Sole FLIR SYS INC COM 302445101 1,854 55,000 SH Sole N/A Sole GOOGLE INC CL A 38259P508 71,129 140,465 SH Sole N/A Shared GRAND CANYON ED INC COM 38526M106 34,387 2,425,038 SH Sole N/A Shared ITT EDUCATIONAL SERVICES INC COM 45068B109 364 4,651 SH Sole N/A Sole ICONIX BRAND GROUP INC COM 451055107 4,840 200,000 SH Sole N/A Sole INTELLIGENT SYS CORP NEW COM 45816D100 3,065 2,270,000 SH Sole N/A Sole INTERVAL LEISURE GROUP INC COM 46113M108 26,847 1,961,056 SH Sole N/A Shared IRON MTN INC COM 462846106 3,409 100,000 SH Sole N/A Sole JOHNSON & JOHNSON COM 478160104 665 10,000 SH Sole N/A Sole KENNEDY-WILSON HLDGS INC COM 489398107 368 30,000 SH Sole N/A Sole KNOLOGY INC COM 499183804 6,686 450,208 SH Sole N/A Sole LABORATORY CORP AMER HLDGS COM NEW 50540R409 49,622 512,673 SH Sole N/A Shared LIBERTY GLOBAL INC COM SER C 530555309 97,634 2,286,517 SH Sole N/A Shared LIBERTY MEDIA CORP NEW INT COM SER A 53071M104 120,548 7,188,310 SH Sole N/A Shared LIBERTY MEDIA CORP NEW CAP COM SER A 53071M302 42,361 494,008 SH Sole N/A Shared LIBERTY MEDIA CORP NEW LIB STAR COM A 53071M708 752 10,000 SH Sole N/A Sole LIVE NATION ENTERTAINMENT IN COM 538034109 46,946 4,092,929 SH Sole N/A Shared LOCKHEED MARTIN CORP COM 539830109 19,483 240,614 SH Sole N/A Sole MARTIN MARIETTA MATLS INC COM 573284106 56,429 705,633 SH Sole N/A Shared MICROSOFT CORP COM 594918104 116,613 4,485,129 SH Sole N/A Shared MOHAWK INDS INC COM 608190104 33,885 564,847 SH Sole N/A Shared MONSANTO CO NEW COM 61166W101 29,396 405,238 SH Sole N/A Shared MOSAIC CO NEW COM 61945C103 6,773 100,000 SH Sole N/A Sole NATIONAL CINEMEDIA INC COM 635309107 4,703 278,149 SH Sole N/A Sole NEWCASTLE INVT CORP COM 65105M108 260 45,000 SH Sole N/A Sole OMNICARE INC COM 681904108 65,009 2,038,540 SH Sole N/A Shared OMNICOM GROUP INC COM 681919106 29,395 610,363 SH Sole N/A Sole PRAXAIR INC COM 74005P104 15,988 147,500 SH Sole N/A Sole PRESTIGE BRANDS HLDGS INC COM 74112D101 4,113 320,300 SH Sole N/A Sole PROCTER & GAMBLE CO COM 742718109 14,621 230,000 SH Sole N/A Sole REDWOOD TR INC COM 758075402 98,067 6,485,904 SH Sole N/A Shared REPUBLIC SVCS INC COM 760759100 848 27,500 SH Sole N/A Sole SANDRIDGE ENERGY INC COM 80007P307 58,896 5,524,968 SH Sole N/A Shared SKECHERS U S A INC CL A 830566105 230 15,876 SH Sole N/A Sole SOUTHWESTERN ENERGY CO COM 845467109 39,895 930,381 SH Sole N/A Shared STRAYER ED INC COM 863236105 6,661 52,700 SH Sole N/A Shared TARGET CORP COM 87612E106 62,363 1,329,414 SH Sole N/A Shared TEXAS INDS INC COM 882491103 23,809 571,915 SH Sole N/A Shared TEXAS INSTRS INC COM 882508104 84,836 2,584,100 SH Sole N/A Shared TREE COM INC COM 894675107 1,033 201,822 SH Sole N/A Sole US BANCORP DEL COM NEW 902973304 1,658 65,000 SH Sole N/A Sole UNITED PARCEL SERVICE INC CL B 911312106 41,205 565,000 SH Sole N/A Sole VIACOM INC NEW CL B 92553P201 163 3,200 SH Sole N/A Sole VULCAN MATLS CO COM 929160109 22,194 576,010 SH Sole N/A Shared WAL MART STORES INC COM 931142103 29,094 547,500 SH Sole N/A Sole WASHINGTON POST CO CL B 939640108 8,513 20,320 SH Sole N/A Shared WELLS FARGO & CO NEW COM 949746101 99,449 3,544,150 SH Sole N/A Shared XO GROUP INC COM 983772104 22,431 2,254,381 SH Sole N/A Shared ------------------------- 80 2,258,904 79,446,928 -------------------------