UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 13F
Form 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: September 30, 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 November 9, 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: 1
Form 13F Information Table Entry Total: 83
Form 13F Information Table Value Total: $601,446
(thousands)
List of Other Included Managers:
No. Form 13F File Number Name
2 Alleghany Insurance Holdings LLC
SECURITIES AND EXCHANGE COMMISSIONS FORM 13F INFORMATION
PREPARED FOR ALLEGHANY CORPORATION
AS OF 9/30/2004
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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 CUSIP MARKET SHRS OR SH/ PUT/ DISCRETION MANAGER AUTHORITY
CLASS VALUE PRIN AMT PRN CALL SOLE SHRD OTHER SOLE SHRD NONE
(X 1000) (A) (B) (C) (A) (B) (C)
FRESH DEL MONTE PRODUCE INC ORD G36738105 3,737 150,000 SH X 1 X
AMB PROPERTY CORP COM 00163T109 2,743 74,100 SH X 1 X
ALEXANDER & BALDWIN INC COM 014482103 679 20,000 SH X 2 X
AMERICAN EXPRESS CO COM 025816109 1,029 20,000 SH X 2 X
AMERICAN INTL GROUP INC COM 026874107 1,360 20,000 SH X 2 X
APPLERA CORP COM AP BIO GRP 038020903 944 50,000 SH X 2 X
APPLIED MATLS INC COM 038222105 825 50,000 SH X 2 X
ARCH COAL INC COM 039380100 10,647 300,000 SH X 1 X
ARCHSTONE SMITH TR COM 039583109 2,534 80,100 SH X 1 X
AUTODESK INC COM 052769106 1,216 25,000 SH X 2 X
AVALONBAY CMNTYS INC COM 053484101 2,912 48,364 SH X 1 X
AVERY DENNISON CORP COM 053611109 658 10,000 SH X 2 X
BANK OF AMERICA CORPORATION COM 060505104 8,666 200,000 SH X 1 X
BELO CORP COM SER A 080555105 451 20,000 SH X 2 X
BERKSHIRE HATHAWAY INC DEL CL B 084670207 3,247 1,131 SH X 1 X
BERKSHIRE HATHAWAY INC DEL CL B 084670207 1,148 400 SH X 2 X
BIOGEN IDEC INC COM 09062X903 918 15,000 SH X 2 X
BOEING CO COM 097023105 774 15,000 SH X 2 X
BURLINGTON NORTHN SANTA FE C COM 12189T104 06,480 8,000,000 SH X 1 X
BURLINGTON RES INC COM 122014103 816 20,000 SH X 2 X
CIGNA CORP COM 125509109 91,131 1,308,790 SH X 1 X
CIGNA CORP COM 125509109 48,129 691,210 SH X 2 X
CATERPILLAR INC DEL COM 149123101 1,207 15,000 SH X 2 X
CHUBB CORP COM 171232101 1,054 15,000 SH X 2 X
CINERGY CORP COM 172474108 3,960 100,000 SH X 1 X
COCA COLA CO COM 191216100 1,001 25,000 SH X 2 X
CONOCOPHILLIPS COM 20825C104 1,243 15,000 SH X 2 X
CORPORATE OFFICE PPTYS TR SH BEN INT 22002T108 2,962 115,600 SH X 1 X
COSTCO WHSL CORP NEW COM 22160K105 1,245 30,000 SH X 2 X
COX COMMUNICATIONIS INC NEW CL A 224044107 1,160 35,000 SH X 2 X
DEERE & CO COM 244199105 968 15,000 SH X 2 X
DISNEY WALT CO COM DISNEY 254687106 1,015 45,000 SH X 2 X
DOMINION RES INC VA NEW COM 25746U109 4,698 72,000 SH X 1 X
DOW CHEM CO COM 260543103 1,130 25,000 SH X 2 X
DU PONT EI DE NEMOURS & CO COM 263534109 856 20,000 SH X 2 X
EQUITY RESIDENTIAL SH BEN INT 29476L107 2,703 87,200 SH X 1 X
EXXON MOBIL CORP COM 30231G102 1,450 30,000 SH X 2 X
FEDERAL REALTY INVT TR SH BEN INT NEW 313747206 2,939 66,800 SH X 1 X
FEDEX CORP COM 31428X106 1,285 15,000 SH X 2 X
GREAT PLAINS ENERGY INC COM 391164100 2,915 100,000 SH X 1 X
GUIDANT CORP COM 401698105 660 10,000 SH X 2 X
INTERACTIVECORP COM 44919P102 440 20,000 SH X 2 X
INTEL CORP COM 458140100 802 40,000 SH X 2 X
INTERNATIONAL BUSINESS MACHS COM 459200101 1,029 12,000 SH X 2 X
JEFFERSON PILOT CORP COM 475070108 993 20,000 SH X 2 X
JOHNSON & JOHNSON COM 478160104 5,633 100,000 SH X 1 X
KERR MCGEE CORP COM 492386107 8,588 150,000 SH X 1 X
LAUDER ESTEE COS INC CL A 518439104 627 15,000 SH X 2 X
LIBERTY MEDIA CORP NEW COM SER A 530718105 959 110,000 SH X 2 X
LIBERTY MEDIA INTL INC COM SER A 530719103 221 6,625 SH X 2 X
LILLY ELI & CO COM 532457108 901 15,000 SH X 2 X
LINDSAY MFG CO COM 535555106 402 15,000 SH X 2 X
MBIA INC COM 55262C100 291 5,000 SH X 2 X
MACERICH CO COM 554382101 2,926 54,910 SH X 1 X
MAGNA INTL INC CL A 559222401 4,167 56,250 SH X 1 X
MANPOWER INC COM 56418H100 890 20,000 SH X 2 X
MARSH & MCLENNAN COS INC COM 571748102 1,373 30,000 SH X 2 X
MEDTRONIC INC COM 585055106 1,557 30,000 SH X 2 X
MERCK & CO INC COM 589331107 495 15,000 SH X 2 X
MICROSOFT CORP COM 594918104 1,936 70,000 SH X 2 X
MILLIPORE CORP COM 601073109 1,436 30,000 SH X 2 X
NEWS CORP LTD SP ADR PFD 652487802 1,097 35,000 SH X 2 X
NOBLE ENERGY INC COM 655044105 874 15,000 SH X 2 X
NORDSTROM INC COM 655664100 765 20,000 SH X 2 X
NOVARTIS AG SPONSORED ADR 66987V109 1,167 25,000 SH X 2 X
SECURITIES AND EXCHANGE COMMISSIONS FORM 13F INFORMATION
PREPARED FOR ALLEGHANY CORPORATION
AS OF 9/30/2004
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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 CUSIP MARKET SHRS OR SH/ PUT/ DISCRETION MANAGER AUTHORITY
CLASS VALUE PRIN AMT PRN CALL SOLE SHRD OTHER SOLE SHRD NONE
(X 1000) (A) (B) (C) (A) (B) (C)
OLD REP INTL CORP COM 680223104 3,755 150,000 SH X 1 X
PEPCO HOLDINGS INC COM 713291902 1,990 100,000 SH X 1 X
PINNACLE WEST CAP CORP COM 723484101 8,300 200,000 SH X 1 X
POST PPTYS INC COM 737464107 2,691 90,000 SH X 1 X
PUBLIC STORAGE INC COM 74460D109 2,562 51,700 SH X 1 X
RECKSON ASSOCS RLTY CORP COM 75621K106 2,674 93,000 SH X 1 X
REGENCY CTRS CORP COM 758849103 2,836 61,000 SH X 1 X
ROHM & HAAS CO COM 775371107 1,074 25,000 SH X 2 X
RYDER SYS INC COM 783549108 941 20,000 SH X 2 X
SBC COMMUNICATIONS INC COM 78387G103 1,298 50,000 SH X 2 X
SL GREEN RLTY CORP COM 78440X101 3,021 58,300 SH X 1 X
SAFECO CORP COM 786429100 4,565 100,000 SH X 1 X
SCHLUMBERGER LTD COM 806857108 1,346 20,000 SH X 2 X
SIGMA ALDRICH CORP COM 826552101 580 10,000 SH X 2 X
SONY CORP ADR NEW 835699307 860 25,000 SH X 2 X
TEXAS INSTRS INC COM 882508104 426 20,000 SH X 2 X
3M CO COM 88579Y101 1,200 15,000 SH X 2 X
WACHOVIA CORP 2ND NEW COM 929903102 939 20,000 SH X 2 X
WAL MART STORES INC COM 9331142103 1,862 35,000 SH X 2 X
WEYERHAUSER CO COM 962166104 1,330 20,000 SH X 2 X
GRAND TOTAL 601,446 13,804,480