0000902584-11-000007.txt : 20111115 0000902584-11-000007.hdr.sgml : 20111115 20111115142506 ACCESSION NUMBER: 0000902584-11-000007 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20110930 FILED AS OF DATE: 20111115 DATE AS OF CHANGE: 20111115 EFFECTIVENESS DATE: 20111115 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ADVISORY RESEARCH INC CENTRAL INDEX KEY: 0000902584 IRS NUMBER: 132831881 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-05637 FILM NUMBER: 111206804 BUSINESS ADDRESS: STREET 1: 180 N. STETSON STREET STREET 2: STE 5500 CITY: CHICAGO STATE: IL ZIP: 60601 BUSINESS PHONE: 3125651414 MAIL ADDRESS: STREET 1: 180 N. STETSON STREET STREET 2: SUITE 5780 CITY: CHICAGO STATE: IL ZIP: 60601 13F-HR 1 ari3q11hr.txt 13F-HR UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 13F FORM 13F COVER PAGE Report for the Quarter Ended: September 30, 2011 Check here if Amendment: [ ] # ____ This Amendment [ ] is a restatement. [ ] adds new holdings entries. Institutional Investment Manager Filing this Report: Name: Advisory Research, Inc. Address: 180 North Stetson, Suite 5500 Chicago, IL 60601 13F File Number: 028-05637 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 the Reporting Manager: Name: Brien M. O'Brien Title: Chairman & CEO Phone: 312-565-1414 Signature, Place and Date of Signing: /s/ Brien M. O'Brien, Chairman & CEO Chicago, IL November 14, 2011 ------------------------------------ ----------- ----------------- Signature / Title City, State Date Report Type: [X] 13F HOLDINGS REPORT. Securities with an aggregate market value of $200,000 and above are reported in this report. [ ] 13F NOTICE [ ] 13F COMBINATION REPORT FORM 13F SUMMARY PAGE ADVISORY RESEARCH INC. Report Summary: Number of Other Included Managers: 0 Form 13F Information Table Entry Total: 239 Form 13F Information Table Total Value ('000): 4249528 List of Other Managers: NONE UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 13F FORM 13F HOLDINGS REPORT Report for the Quarter Ended: September 30, 2011 ADVISORY RESEARCH, INC. FORM 13F INFOMRATION TABLE NAME OF ISSUER TITLE CUSIP VALUE SH/P PUTINV OTR VOTE AUTHTY OF CL AMT('000) CALDSC MGR SOLE SHRD NONE 3M COMPANY COM 88579Y101 406 5650 SOLE 5650 A T & T INC (NEW) COM 00206R102 2002 70209 SOLE 70209 ACCENTURE PLC CL A G1151C101 1652 31366 SOLE 31366 ADAMS RES & ENERGY COM 006351308 1772 88139 SOLE 88139 AGREE REALTY CORP CO COM 008492100 523 24000 SOLE 24000 ALAMO GROUP INC COM 011311107 452 21720 SOLE 21720 ALCOA INC COM 013817101 1305 136386 SOLE 136386 ALTRIA GROUP INC COM 02209S103 1291 48140 SOLE 48140 AMERCO INC COM 023586100 17602 281865 SOLE 281865 AMERICAN EXPRESS CO COM 025816109 16109 358781 SOLE 358781 AMERICAN RAILCAR COM 02916P103 33641 2187329 SOLE 2187329 AMERICAN SAFETY INS COM G02995101 2163 117549 SOLE 117549 AMERON INC COM 030710107 922 10860 SOLE 10860 ANALOGIC CORP COM 032657207 40197 885207 SOLE 885207 ANNALY MTG MGMT INC COM 035710409 14687 883165 SOLE 883165 APACHE CORP COM 037411105 305 3796 SOLE 3796 APARTMENT INVT & MGM CL A 03748R101 530 23960 SOLE 23960 APPLE INC COM 037833100 803 2107 SOLE 2107 ASSISTED LIVING CONC CL A 04544X300 32944 2600136 SOLE 2600136 ASTRAZENECA PLC COM 046353108 688 15500 SOLE 15500 ATLAS AIR WORLDWIDE COM 049164205 33010 991599 SOLE 991599 AVALON HLDGS CORP CL A 05343P109 842 375703 SOLE 375703 AVATAR HOLDINGS INC COM 053494100 574 70110 SOLE 70110 AVNET INC COM 053807103 117266 4496395 SOLE 4496395 BANCO LATINOAMERICAN COM P16994132 5169 339383 SOLE 339383 BANCO SANTANDER BRAS COM 05967A107 107 14658 SOLE 14658 BARNWELL INDS INC COM 068221100 287 82149 SOLE 82149 BECTON DICKINSON COM 075887109 13313 181568 SOLE 181568 BERKLEY W R CORP COM 084423102 41525 1398618 SOLE 1398618 BERKSHIRE HATHAWAY COM 084670108 7903 74 SOLE 74 BERKSHIRE HATHAWAY CL B 084670702 15241 214542 SOLE 214542 BERKSHIRE HILLS BANC COM 084680107 1402 75901 SOLE 75901 BEXIL CORP COM 088577101 1435 88200 SOLE 88200 BOSS HLDGS INC COM 10011B200 1091 138150 SOLE 138150 BOSWELL J G CO COM 101205102 1000 1481 SOLE 1481 CABOT OIL & GAS CORP COM 127097103 167710 2708926 SOLE 2708926 CAGLES INC CL A CL A 127703106 1200 316649 SOLE 316649 CAPITALSOURCE INC CO COM 14055X102 15021 2446393 SOLE 2446393 CAPITOL FEDERAL FIN COM 14057J101 866 81982 SOLE 81982 CAPSTEAD MTG CORP CO COM 14067E506 1916 166000 SOLE 166000 CARRIZO OIL & GAS COM 144577103 47852 2219995 SOLE 2219995 CASEYS GEN STORES COM 147528103 81243 1861247 SOLE 1861247 CATERPILLAR INC COM 149123101 15056 203897 SOLE 203897 CENTER FINL CORP COM 15146E102 1199 255666 SOLE 255666 CENTERPOINT ENERGY COM 15189T107 2389 121777 SOLE 121777 CENTURYLINK INC. COM 156700106 953 28768 SOLE 28768 CHESAPEAKE ENERGY CO COM 165167107 12929 506046 SOLE 506046 CHEVIOT FINL CORP COM 166774109 1948 227005 SOLE 227005 CHEVRON CORPORATION COM 166764100 19364 209138 SOLE 209138 CHICAGO RIVET & MACH COM 168088102 1035 65700 SOLE 65700 CHICOS FAS INC COM 168615102 37999 3324490 SOLE 3324490 CHINA YUCHAI INTL LT COM G21082105 1016 69666 SOLE 69666 CHUBB CORP COM 171232101 1648 27471 SOLE 27471 CIMAREX ENERGY CO COM 171798101 512 9200 SOLE 9200 CINCINNATI FINL CORP COM 172062101 1164 44214 SOLE 44214 CIT GROUP INC COM 125581801 67623 2226646 SOLE 2226646 COAST DISTRIBUTION COM 190345108 172 64956 SOLE 64956 COLGATE PALMOLIVE CO COM 194162103 299 3371 SOLE 3371 COMCAST CORP CL A CL A 20030N101 16675 797069 SOLE 797069 COMMONWEALTH REIT COM 203233101 40716 2146350 SOLE 2146350 COMMUNICATIONS SYS COM 203900105 2709 208422 SOLE 208422 CORE MARK HOLDING CO COM 218681104 43279 1415274 SOLE 1415274 CSR PLC COM 12640Y205 459 35340 SOLE 35340 CVB FINL CORP COM 126600105 809 105150 SOLE 105150 DELTIC TIMBER CORP COM 247850100 66063 1106961 SOLE 1106961 DENBURY RESOURCES COM 247916208 88429 7689486 SOLE 7689486 DISCOVER FINANCIAL COM 254709108 66025 2878175 SOLE 2878175 EASTERN INS HLDGS COM 276534104 5982 454877 SOLE 454877 EL PASO ELEC CO COM 283677854 446 13910 SOLE 13910 EMERSON ELEC CO COM 291011104 331 8005 SOLE 8005 ENCANA CORP COM 292505104 1917 99801 SOLE 99801 ENCORE WIRE CORP COM 292562105 73712 3581726 SOLE 3581726 ENDEAVOUR INTL COM 29259G200 23294 2918990 SOLE 2918990 ENSTAR GROUP LIMITED COM G3075P101 71531 751139 SOLE 751139 EOG RESOURCES INC COM 26875P101 380 5356 SOLE 5356 ESPEY MFG & ELECTRS COM 296650104 3582 154450 SOLE 154450 EV ENERGY PARTNERS COM 26926V107 36320 506700 SOLE 506700 EVOLUTION PETROLEUM COM 30049A107 10745 1522002 SOLE 1522002 EXXON MOBIL CORP COM 30231G102 252 3464 SOLE 3464 FAMILY DLR STORES COM 307000109 62079 1220585 SOLE 1220585 FAR EAST ENERGY CORP COM 307325100 1781 9373247 SOLE 9373247 FIFTH THIRD BANCORP COM 316773100 32299 3197932 SOLE 3197932 FIRSTCITY FINANCIAL COM 33761X107 797 119997 SOLE 119997 FOOT LOCKER INC COM 344849104 121528 6049171 SOLE 6049171 FOSTER L B CO COM 350060109 1139 51254 SOLE 51254 FRANCE TELECOM COM 35177Q105 561 34300 SOLE 34300 FROZEN FOOD EXPRESS COM 359360104 42 20998 SOLE 20998 FUELCELL ENERGY INC COM 35952H106 31 37000 SOLE 37000 GASTAR EXPL LTD COM 367299203 123 41000 SOLE 41000 GATX CORP COM 361448103 58566 1889826 SOLE 1889826 GENERAL DYNAMICS COM 369550108 273 4794 SOLE 4794 GLAXOSMITHKLINE PLC COM 37733W105 793 19200 SOLE 19200 GMX RES INC COM COM 38011M108 74 32750 SOLE 32750 GOODRICH PETE CORP COM 382410405 853 72125 SOLE 72125 GOVERNMENT PPTYS INC COM 38376A103 1051 48860 SOLE 48860 GREENE CNTY BANCORP COM 394357107 893 47626 SOLE 47626 HALLWOOD GROUP INC COM 406364406 367 41555 SOLE 41555 HARRIS CORP COM 413875105 5236 153227 SOLE 153227 HASBRO INC COM 418056107 922 28261 SOLE 28261 HATTERAS FINL CORP COM 41902R103 2936 116700 SOLE 116700 HEALTHCARE SERVICES COM 421906108 50271 3114709 SOLE 3114709 HERITAGE FINANCIAL COM 42726X102 2812 270604 SOLE 270604 HEWLETT PACKARD CO COM 428236103 10372 462011 SOLE 462011 HF FINL CORP COM 404172108 803 95608 SOLE 95608 HOME FEDERAL BANCORP COM 43710G105 3296 421449 SOLE 421449 HOME PPTYS INC COM 437306103 965 17000 SOLE 17000 HYATT HOTELS CORP CL A 448579102 45478 1449744 SOLE 1449744 I B M COM 459200101 916 5238 SOLE 5238 IMATION CORP COM 45245A107 6361 870202 SOLE 870202 INTERNATIONAL SPEEDW CL A 460335201 29932 1310495 SOLE 1310495 INVESTORS BANCORP COM 46146P102 83564 6616271 SOLE 6616271 IVANHOE ENERGY INC COM 465790103 807 754637 SOLE 754637 J ALEXANDER CORP COM 466096104 3330 532815 SOLE 532815 J.P. MORGAN CHASE COM 46625H100 20680 686578 SOLE 686578 JEFFERIES GROUP INC COM 472319102 35271 2842144 SOLE 2842144 JOHNSON & JOHNSON COM 478160104 23764 373118 SOLE 373118 KAISER ALUMINUM CORP COM 483007704 120579 2723114 SOLE 2723114 KEYCORP COM 493267108 29456 4967321 SOLE 4967321 KINDER MORGAN EGY PT COM 494550106 4391 64220 SOLE 64220 KOHLS CORP COM 500255104 15346 312539 SOLE 312539 LEE ENTERPRISES INC COM 523768109 250 320900 SOLE 320900 LEUCADIA NATIONAL CO COM 527288104 104694 4616123 SOLE 4616123 LILLY, ELI AND COMPA COM 532457108 1027 27783 SOLE 27783 LIMONEIRA CO COM 532746104 1215 85050 SOLE 85050 MAGELLAN PETE CORP COM 559091301 1845 1550103 SOLE 1550103 MARCUS CORP COM 566330106 24110 2423162 SOLE 2423162 MARINEMAX INC COM 567908108 420 64942 SOLE 64942 MCCORMICK & CO INC COM 579780206 1553 33639 SOLE 33639 MCDONALDS CORP COM 580135101 18018 205167 SOLE 205167 MCRAE INDS INC CL A CL A 582757209 1689 130161 SOLE 130161 MEDTRONIC INC COM 585055106 13356 401819 SOLE 401819 MENS WEARHOUSE INC COM 587118100 83375 3196886 SOLE 3196886 MERCK & COMPANY COM 58933Y105 15972 488442 SOLE 488442 MERIDIAN INTERSTAT COM 58964Q104 4161 381354 SOLE 381354 MF GLOBAL HLDGS LTD COM 55277J108 38547 9333409 SOLE 9333409 MICROSOFT CORP COM 594918104 21546 865667 SOLE 865667 MID-AMER APT CMNTYS COM 59522J103 1144 19000 SOLE 19000 MOLEX INC CL A CL A 608554200 79592 4715170 SOLE 4715170 MOTORCAR PTS & ACCES COM 620071100 749 90958 SOLE 90958 MOTOROLA SOLUTIONS COM 620076307 11797 281543 SOLE 281543 NAVIGATORS GROUP INC COM 638904102 16556 383161 SOLE 383161 NEW ULM TELECOM INC COM 649060100 891 143640 SOLE 143640 NORTHERN OIL & GAS COM 665531109 1357 69989 SOLE 69989 NORTHERN TR CORP COM 665859104 422 12059 SOLE 12059 NORTHROP GRUMMAN COM 666807102 13325 255422 SOLE 255422 OLYMPIC STEEL INC COM 68162K106 15851 935702 SOLE 935702 ONEBEACON INSURANCE CL A G67742109 46399 3401678 SOLE 3401678 ONEOK INC COM 682680103 52405 793540 SOLE 793540 ORAMED PHARM INC COM 68403P104 3 10000 SOLE 10000 ORIENTAL FINL GROUP COM 68618W100 28701 2968010 SOLE 2968010 ORITANI FINL CORP COM 68633D103 5305 412550 SOLE 412550 PACIFIC PREMIER BANC COM 69478X105 477 80906 SOLE 80906 PANHANDLE OIL CL A 698477106 820 28910 SOLE 28910 PENN VIRGINIA CORP COM 707882106 68 12250 SOLE 12250 PENNEY J C INC COM 708160106 54446 2033094 SOLE 2033094 PEPSICO INC COM 713448108 14295 230935 SOLE 230935 PETROQUEST ENERGY COM 716748108 139 25250 SOLE 25250 PIMCO CORPORATE INC COM 72200U100 6388 453050 SOLE 453050 PIMCO CORPORATE COM 72201B101 6125 370285 SOLE 370285 PIONEER NATURAL RES COM 723787107 11393 173232 SOLE 173232 PIPER JAFFRAY COMP COM 724078100 1682 93823 SOLE 93823 PLAINS ALL AMERN COM 726503105 23784 403659 SOLE 403659 PLAINS EXPLORATION COM 726505100 5223 230000 SOLE 230000 PLUM CREEK TIMBER CO COM 729251108 82019 2362967 SOLE 2362967 PROCTER & GAMBLE COM 742718109 2190 34667 SOLE 34667 RANGE RES CORP COM 75281A109 70919 1213119 SOLE 1213119 RAYMOND JAMES FINAN COM 754730109 74883 2884560 SOLE 2884560 RAYTHEON CO COM 755111507 12134 296893 SOLE 296893 REGENCY AFFILIATES COM 758847404 634 114215 SOLE 114215 RESOLUTE ENERGY CORP COM 76116A108 47566 4187120 SOLE 4187120 REX ENERGY CORP COM 761565100 252 19950 SOLE 19950 RICHARDSON ELECTRS COM 763165107 5287 388478 SOLE 388478 RUBY TUESDAY INC COM 781182100 279 39000 SOLE 39000 SABRA HEALTH CARE COM 78573L106 17722 1857676 SOLE 1857676 SCHEID VINEYARDS INC CL A 806403200 266 33210 SOLE 33210 SCHNITZER STL INDS CL A 806882106 53619 1457027 SOLE 1457027 SENECA FOODS CORP CL A 817070501 8596 434139 SOLE 434139 SHENANDOAH TELECOMM COM 82312B106 2723 244456 SOLE 244456 SHOE CARNIVAL INC COM 824889109 2234 94653 SOLE 94653 SL GREEN RLTY CORP COM 78440X101 91275 1569640 SOLE 1569640 SLM CORPORATION COM 78442P106 3545 284709 SOLE 284709 SM ENERGY CO COM 78454L100 6065 100000 SOLE 100000 SMUCKER J M CO COM 832696405 21315 292426 SOLE 292426 SOUTHERN CO COM 842587107 870 20535 SOLE 20535 SPIRIT AEROSYSTEMS CL A 848574109 87620 5493416 SOLE 5493416 ST JUDE MED INC COM 790849103 13411 370569 SOLE 370569 STAGE STORES INC COM 85254C305 31482 2269783 SOLE 2269783 SUN BANCORP INC COM 86663B102 1328 501113 SOLE 501113 SUPERIOR UNIFORM INC COM 868358102 3845 346403 SOLE 346403 SUPREME INDS INC CL A 868607102 193 93631 SOLE 93631 SYMETRA FINL CORP COM 87151Q106 41091 5041877 SOLE 5041877 SYNNEX CORP COM 87162W100 892 34060 SOLE 34060 SYSCO CORP COM 871829107 16183 624837 SOLE 624837 SYSTEMAX INC COM 871851101 406 31927 SOLE 31927 TANDY BRANDS ACCESS COM 875378101 817 703998 SOLE 703998 TARGET CORP COM 87612E106 15947 325180 SOLE 325180 TECH DATA CORP COM 878237106 104591 2419409 SOLE 2419409 TERRITORIAL BANCORP COM 88145X108 2643 138000 SOLE 138000 TESSCO TECHNOLOGIES COM 872386107 4564 343432 SOLE 343432 TEXAS INDS INC COM 882491103 1476 46500 SOLE 46500 THIRD CENTY BANCORP COM 884120106 124 72797 SOLE 72797 TRIANGLE PETE CORP COM 89600B201 90 25000 SOLE 25000 TRINITY INDS INC COM 896522109 92750 4332083 SOLE 4332083 TUESDAY MORNING CORP COM 899035505 270 76812 SOLE 76812 ULTRA PETE CORP COM 903914109 25569 922414 SOLE 922414 UMB FINANCIAL CORP COM 902788108 6012 187400 SOLE 187400 UNILEVER PLC COM 904767704 16735 536560 SOLE 536560 UNITED FINANCIAL BAN COM 91030T109 3555 259687 SOLE 259687 UNITED FIRE & CAS CO COM 910331107 19494 1102002 SOLE 1102002 UNITED TECHNOLOGIES COM 913017109 15239 216581 SOLE 216581 UNITEDHEALTH GROUP COM 91324P102 16247 352280 SOLE 352280 UNIVERSAL AMERICAN COM 91338E101 891 88575 SOLE 88575 UNIVERSAL SEC INSTRS COM 913821302 150 27351 SOLE 27351 VAIL RESORTS INC COM 91879Q109 106049 2806279 SOLE 2806279 VALERO ENERGY CORP COM 91913Y100 282 15843 SOLE 15843 VENOCO INC COM 92275P307 1999 226859 SOLE 226859 VERIZON COMM COM 92343V104 3888 105639 SOLE 105639 VIEWPOINT FINL GROUP COM 92672A101 3635 317500 SOLE 317500 VODAFONE GROUP COM 92857W209 14121 550293 SOLE 550293 VULCAN INTL CORP COM 929136109 1712 50738 SOLE 50738 WAL MART STORES INC COM 931142103 22774 438804 SOLE 438804 WALGREEN COMPANY COM 931422109 14943 454341 SOLE 454341 WARWICK VALLEY TEL COM 936750108 3187 250758 SOLE 250758 WELLS FARGO & CO COM 949746101 535 22167 SOLE 22167 WESTERN UNION CO COM 959802109 8853 579018 SOLE 579018 WESTFIELD FINANCIAL COM 96008P104 3362 510180 SOLE 510180 WHITE MOUNTAINS INS COM G9618E107 70917 174781 SOLE 174781 WINDSTREAM CORP COM 97381W104 1123 96363 SOLE 96363 WINN DIXIE STORES COM 974280307 59 10000 SOLE 10000 COMMONWEALTH REIT 6 PFD 203233408 1306 64000 SOLE 64000 BANK OF AMERICA CORP CNV PFD 060505682 1511 1975 SOLE 1975 FIFTH THIRD BANCORP CNV PFD 316773209 384 3000 SOLE 3000 RYDEX ETF TRUST RUSS RUSL 78355W585 215 8295 SOLE 8295 MFS INTERMARKET INCO SH BEN 59318R103 242 29986 SOLE 29986 MFS MULTIMARKET INCO SH BEN 552737108 985 156380 SOLE 156380 BLACKROCK CORE BD TR SH BEN 09249E101 1045 80600 SOLE 80600 ISHARES TR US PFD ST US PFD 464288687 1251 35140 SOLE 35140 HARTFORD FINL SVCS *W EXP 416515120 144 15000 SOLE 15000 JPMORGAN CHASE & CO *W EXP 46634E114 214 23000 SOLE 23000 4249528 239