UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 13F
Form 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: March 31, 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: Alleghany Corporation
Address: 375 Park Avenue
New York, NY 10152
Form 13F File Number: 28-1590
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: Peter R. Sismondo
Title: Vice President, Controller, Treasurer and Assistant Secretary
Phone: 212-752-1356
Signature, Place, and Date of Signing:
/s/ Peter R. Sismondo New York, NY May 7, 2004
--------------------------------------------------------------------------------
[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:
Form 13F Information Table Entry Total: 80
Form 13F Information Table Value Total: $ 525,530
(thousands)
List of Other Included Managers:
No. Form 13F File Number Name
SECURITIES AND EXCHANGE COMMISSIONS FORM 13F INFORMATION
PREPARED FOR ALLEGHANY CORPORATION
AS OF3/31/04
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COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
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INVESTMENT VOTING
NAME OF ISSUER TITLE OF CLASS CUSIP MARKET SHRS OR SH/ PUT/ DISCRETION MANAGER AUTHORITY
VALUE PRIN AMT PRN CALL SOLE SHRD OTHER SOLE SHRD NONE
(X 1000) (A) (B) (C) (A) (B) (C)
AMB PROPERTY CORP COM 00163T109 2,754 74,100 SH X 1 X
ALEXANDER & BALDWIN INC COM 014482103 494 15,000 SH X 1 X
AMERICAN EXPRESS CO COM 025816109 1,037 20,000 SH X 1 X
AMERICAN INTL GROUP INC COM 026874107 1,427 20,000 SH X 1 X
APPLERA CORP COM AP BIO GRP 038020903 791 40,000 SH X 1 X
APPLIED MATLS INC COM 038222105 533 25,000 SH X 1 X
ARCH COAL INC COM 039380100 18,834 600,000 SH X 1 X
ARCHSTONE SMITH TR COM 039583109 2,614 88,593 SH X 1 X
AUTODESK INC COM 052769106 788 25,000 SH X 1 X
AVALONBAY CMNTYS INC COM 053484101 2,591 48,364 SH X 1 X
AVERY DENNISON CORP COM 14482103 622 10,000 SH X 1 X
BANK OF AMERICA CORPORATION COM 60505104 8,098 100,000 SH X 1 X
BERKSHIRE HATHAWAY INC DEL CL B 084670207 4,763 1,531 SH X 1 X
BIOGEN IDEC INC COM 09062X903 1,390 25,000 SH X 1 X
BOEING CO COM 097023105 616 15,000 SH X 1 X
BURLINGTON RES INC COM 122014103 636 10,000 SH X 1 X
BURLINGTON NORTHN SANTA FE C COM 12189T104 252,000 8,000,000 SH X 1 X
CIGNA CORP COM 125509109 35,158 595,700 SH X 1 X
CIGNA CORP COM 125509109 88,784 1,504,300 SH X 1 X
CATERPILLAR INC DEL COM 149123101 791 10,000 SH X 1 X
CHUBB CORP COM 171232101 1,043 15,000 SH X 1 X
CINERGY CORP COM 172474108 4,089 100,000 SH X 1 X
COCA COLA CO COM 191216100 1,258 25,000 SH X 1 X
CONOCOPHILLIPS COM 20825C104 1,047 15,000 SH X 1 X
CORPORATE OFFICE PPTYS TR SH BEN INT 22002T108 2,890 115,600 SH X 1 X
COSTCO WHSL CORP NEW COM 22160K105 1,128 30,000 SH X 1 X
COX COMMUNICATIONIS INC NEW CL A 224044107 948 30,000 SH X 1 X
DEERE & CO COM 244199105 1,040 15,000 SH X 1 X
DISNEY WALT CO COM DISNEY 254687106 1,125 45,000 SH X 1 X
DOW CHEM CO COM 260543103 1,007 25,000 SH X 1 X
EQUITY RESIDENTIAL SH BEN INT 29476L107 2,603 87,200 SH X 1 X
EXXON MOBIL CORP COM 30231G102 1,248 30,000 SH X 1 X
FEDERAL REALTY INVT TR SH BEN INT NEW 313747206 2,746 59,440 SH X 1 X
FEDEX CORP COM 31428X106 1,127 15,000 SH X 1 X
GRAINGER W W INC COM 384802104 960 20,000 SH X 1 X
GREAT PLAINS ENERGY INC COM 391164100 3,379 100,000 SH X 1 X
GUIDANT CORP COM 401698105 634 10,000 SH X 1 X
HEARST-ARGYLE TELEVISION INC COM 422317107 538 20,000 SH X 1 X
INTEL CORP COM 458140100 544 20,000 SH X 1 X
INTERACTIVECORP COM 45840Q101 316 10,000 SH X 1 X
INTERNATIONAL BUSINESS MACHS COM 459200101 1,102 12,000 SH X 1 X
JEFFERSON PILOT CORP COM 475070108 1,100 20,000 SH X 1 X
JOHNSON & JOHNSON COM 478160104 5,072 100,000 SH X 1 X
LAUDER ESTEE COS INC CL A 518439104 665 15,000 SH X 1 X
LIBERTY MEDIA CORP NEW COM SER A 530718105 1,205 110,000 SH X 1 X
LILLY ELI & CO COM 532457108 1,004 15,000 SH X 1 X
LINDSAY MFG CO COM 535555106 361 15,000 SH X 1 X
MBIA INC COM 55262C100 314 5,000 SH X 1 X
MACERICH CO COM 554382101 2,987 55,410 SH X 1 X
MACK CALI RLTY CORP COM 554489104 2,560 57,000 SH X 1 X
MAGNA INTL INC CL A 559222401 4,455 56,250 SH X 1 X
MANPOWER INC COM 56418H100 698 15,000 SH X 1 X
MARSH & MCLENNAN COS INC COM 571748102 1,389 30,000 SH X 1 X
MEDTRONIC INC COM 58055106 1,433 30,000 SH X 1 X
MERCK & CO INC COM 589331107 663 15,000 SH X 1 X
MICROSOFT CORP COM 594918104 1,745 70,000 SH X 1 X
MILLIPORE CORP COM 601073109 1,541 30,000 SH X 1 X
NEWELL RUBBERMAID INC COM 651229106 464 20,000 SH X 1 X
NOBLE ENERGY INC COM 655044105 707 15,000 SH X 1 X
NEWS CORP LTD SP ADR PFD 652487802 1,110 35,000 SH X 1 X
NORDSTROM INC COM 655664100 798 20,000 SH X 1 X
NOVARTIS AG SPONSORED ADR 66987V109 1,065 25,000 SH X 1 X
OLD REP INTL CORP COM 680223104 3,684 150,000 SH X 1 X
PEPCO HOLDINGS INC COM 713291902 2,044 100,000 SH X 1 X
PINNACLE WEST CAP CORP COM 723484101 7,870 200,000 SH X 1 X
POST PPTYS INC COM 737464107 2,246 78,000 SH X 1 X
PUBLIC STORAGE INC COM 74460D109 2,496 51,300 SH X 1 X
ROHM & HAAS CO COM 775371107 996 25,000 SH X 1 X
RYDER SYS INC COM 783549108 775 20,000 SH X 1 X
SBC COMMUNICATIONS INC COM 78387G103 1,227 50,000 SH X 1 X
SL GREEN RLTY CORP COM 78440X101 2,781 58,300 SH X 1 X
SAFECO CORP COM 786429100 4,312 100,000 SH X 1 X
SCHLUMBERGER LTD COM 806857108 1,277 20,000 SH X 1 X
SIGMA ALDRICH CORP COM 826552101 554 10,000 SH X 1 X
SONY CORP ADR NEW 835699307 836 20,000 SH X 1 X
TAUBMAN CTRS INC COM 876664103 2,593 103,000 SH X 1 X
TEXAS INSTRS INC COM 882508104 584 20,000 SH X 1 X
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SECURITIES AND EXCHANGE COMMISSIONS FORM 13F INFORMATION
PREPARED FOR ALLEGHANY CORPORATION
AS OF3/31/04
------------------------------------------------------------------------------------------------------------------------------------
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
------------------------------------------------------------------------------------------------------------------------------------
INVESTMENT VOTING
NAME OF ISSUER TITLE OF CLASS CUSIP MARKET SHRS OR SH/ PUT/ DISCRETION MANAGER AUTHORITY
VALUE PRIN AMT PRN CALL SOLE SHRD OTHER SOLE SHRD NONE
(X 1000) (A) (B) (C) (A) (B) (C)
3M CO COM 88579Y101 1,228 15,000 SH X 1 X
UNITED FIRE & CAS CO COM 910331107 3,198 75,684 SH X 1 X
WACHOVIA CORP 2ND NEW COM 929903102 940 20,000 SH X 1 X
WAL MART STORES INC COM 9331142103 1,791 30,000 SH X 1 X
WEYERHAUSER CO COM 962166104 1,310 20,000 SH X 1 X
GRAND TOTAL 525,530 13,876,772
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