13F-HR 1 vac13f081004.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: 30 JUNE 2004 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: ValueAct Capital (VA Partners, LLC) ----------------------------------------------------- 435 Pacific Avenue, Fourth Floor ----------------------------------------------------- San Francisco, CA 94133 ----------------------------------------------------- Form 13F File Number: 28-10080 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: George F. Hamel, Jr. Title: Managing Member Phone: 415-362-3700 Signature, Place, and Date of Signing: /s/ George F. Hamel, Jr. San Francisco, CA August 10, 2004 ------------------ ----------------- ---------------- [Signature] [City, State] [Date] Report Type: [X] 13F HOLDINGS REPORT. [ ] 13F NOTICE. [ ] 13F COMBINATION REPORT. Form 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 --------------- Form 13F Information Table Entry Total: 22 --------------- Form 13F Information Table Value Total: $1,124,251 -------------- (thousands) List of Other Included Managers: NONE VA Partners, LLC FORM 13F INFORMATION TABLE Voting Authority ---------------------- Value Shares/ Sh/ Put/ Invstmt Other Name of Issuer Title of Class CUSIP (x$1000) Prn Amt Prn Call Dscretn Managers Sole Shared None ----------------------------------------------------------------------------------------------------------------------------------- ----------------------------------------------------------------------------------------------------------------------------------- Acxiom Corp. COM 005125109 139,545 5,620,025 Sh Sole N/A 5,620,025 ----------------------------------------------------------------------------------------------------------------------------------- Arbitron, Inc. COM 03875Q108 20,199 553,100 Sh Sole N/A 553,100 ----------------------------------------------------------------------------------------------------------------------------------- Catalina Marketing Corp. COM 148867104 114,330 6,251,000 Sh Sole N/A 6,251,000 ----------------------------------------------------------------------------------------------------------------------------------- DocuCorp International, Inc. COM 255911109 2,235 255,200 Sh Sole N/A 255,200 ----------------------------------------------------------------------------------------------------------------------------------- EPIQ Systems, Inc. COM 26882D109 20,771 1,432,495 Sh Sole N/A 1,432,495 ----------------------------------------------------------------------------------------------------------------------------------- Elizabeth Arden, Inc. COM 28660G106 20,082 954,500 Sh Sole N/A 954,500 ----------------------------------------------------------------------------------------------------------------------------------- First Health Group Corp COM 320960107 10,757 689,158 Sh Sole N/A 689,158 ----------------------------------------------------------------------------------------------------------------------------------- Gartner Group, Inc. COM 366651107 114,612 8,669,600 Sh Sole N/A 8,669,600 ----------------------------------------------------------------------------------------------------------------------------------- Gartner Group, Inc. CL B 366651206 66,029 5,122,546 Sh Sole N/A 5,122,546 ----------------------------------------------------------------------------------------------------------------------------------- Insurance Auto Auctions, Inc. COM 457875102 57,585 3,387,400 Sh Sole N/A 3,387,400 ----------------------------------------------------------------------------------------------------------------------------------- Interactive Data Corp. COM 45840J107 15,916 913,700 Sh Sole N/A 913,700 ----------------------------------------------------------------------------------------------------------------------------------- LeCroy Corp COM 52324W109 8,556 475,072 Sh Sole N/A 475,072 ----------------------------------------------------------------------------------------------------------------------------------- Lifeline Systems, Inc. COM 532192101 59,746 2,525,200 Sh Sole N/A 2,525,200 ----------------------------------------------------------------------------------------------------------------------------------- Lincare Holdings, Inc. COM 532791100 18,646 567,445 Sh Sole N/A 567,445 ----------------------------------------------------------------------------------------------------------------------------------- Lodgenet Entertainment Corp. COM 540211109 21,463 1,300,832 Sh Sole N/A 1,300,832 ----------------------------------------------------------------------------------------------------------------------------------- Martha Stewart Living COM 573083102 38,054 4,228,306 Sh Sole N/A 4,228,306 ----------------------------------------------------------------------------------------------------------------------------------- Mentor Corp COM 587188103 236,594 6,899,818 Sh Sole N/A 6,899,818 ----------------------------------------------------------------------------------------------------------------------------------- Meridian Diagnostics, Inc. COM 589584101 1,460 131,800 Sh Sole N/A 131,800 ----------------------------------------------------------------------------------------------------------------------------------- Networks Associates, Inc. COM 579064106 67,559 3,726,400 Sh Sole N/A 3,726,400 ----------------------------------------------------------------------------------------------------------------------------------- Per-Se Technologies COM 713569309 78,112 5,372,240 Sh Sole N/A 5,372,240 ----------------------------------------------------------------------------------------------------------------------------------- Valmont Industries, Inc. COM 920253101 8,619 376,400 Sh Sole N/A 376,400 ----------------------------------------------------------------------------------------------------------------------------------- Vitalworks, Inc. COM 928483106 3,371 974,429 Sh Sole N/A 974,429 -----------------------------------------------------------------------------------------------------------------------------------