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, 2006
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: 7 Times Square Tower, 17th Floor
New York, NY 10036
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: Jerry G. Borrelli
Title: Vice President
Phone: 212-752-1356
Signature, Place, and Date of Signing:
/s/ Jerry G. Borrelli New York, NY May 9, 2006
------------------------------------- ------------- ------------------------
[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: 62
Form 13F Information Table Value Total: $808,488
(thousands)
List of Other Included Managers:
No. Form 13F File Number Name
--- -------------------- ----
2 ________ RSUI Indemnity Company
SECURITIES AND EXCHANGE COMMISSIONS FORM 13F INFORMATION
PREPARED FOR ALLEGHANY CORPORATION
AS OF 3/31/06
COLUMN 6 COLUMN 8
--------------- --------------
COLUMN 4 INVESTMENT VOTING
-------- COLUMN 5 DISCRETION AUTHORITY
COLUMN 1 COLUMN 2 COLUMN 3 MARKET ------------------- --------------- COLUMN 7 --------------
---------------------------- -------------- --------- VALUE SHRS OR SH/ PUT/ SOLE SHRD OTHER -------- SOLE SHRD NONE
NAME OF ISSUER TITLE OF CLASS CUSIP (X 1000) PRIN AMT PRN CALL (A) (B) (C) MANAGER (A) (B) (C)
---------------------------- -------------- --------- -------- ---------- --- ---- ---- ---- ----- -------- ---- ---- ----
FRESH DEL MONTE PRODUCE INC ORD G36738105 2,634 124,525 SH X 2 X
FRESH DEL MONTE PRODUCE INC ORD G36738105 1,230 58,175 SH X 1 X
AT&T INC COM 00206R102 1,352 50,000 SH X 1 X
ALEXANDER & BALDWIN INC COM 014482103 954 20,000 SH X 1 X
AMERICAN EXPRESS CO COM 025816109 1,314 25,000 SH X 1 X
AMERICAN INTL GROUP INC COM 026874107 1,322 20,000 SH X 1 X
AMERIPRISE FINL INC COM 03076C106 225 5,000 SH X 1 X
ANADARKO PETE CORP COM 032511107 37,879 375,000 SH X 2 X
ANADARKO PETE CORP COM 032511107 12,626 125,000 SH X 1 X
APACHE CORP COM 037411105 31,936 487,500 SH X 2 X
APACHE CORP COM 037411105 10,645 162,500 SH X 1 X
APPLERA CORP COM AP BIO GRP 038020903 1,357 50,000 SH X 1 X
APPLIED MATLS INC COM 038222105 876 50,000 SH X 1 X
AUTODESK INC COM 052769106 1,156 30,000 SH X 1 X
BELO CORP COM SER A 080555105 696 35,000 SH X 1 X
BERKSHIRE HATHAWAY INC DEL CL B 084670207 4,611 1,531 SH X 1 X
BOEING CO COM 097023105 1,169 15,000 SH X 1 X
BURLINGTON NORTHN SANTA FE C COM 12189T104 499,980 6,000,000 SH X 1 X
BURLINGTON RES INC COM 122014103 1,838 20,000 SH X 1 X
CATERPILLAR INC DEL COM 149123101 2,154 30,000 SH X 1 X
CHEVRON CORP NEW COM 166764100 20,579 355,000 SH X 2 X
CHEVRON CORP NEW COM 166764100 13,043 225,000 SH X 1 X
CHUBB CORP COM 171232101 1,432 15,000 SH X 1 X
COCA COLA CO COM 191216100 1,047 25,000 SH X 1 X
CONOCOPHILLIPS COM 20825C104 33,154 525,000 SH X 1 X
COSTCO WHSL CORP NEW COM 22160K105 1,625 30,000 SH X 1 X
DEERE & CO COM 244199105 1,186 15,000 SH X 1 X
DEVON ENERGY CORP NEW COM 25179M103 34,408 562,500 SH X 2 X
DEVON ENERGY CORP NEW COM 25179M103 11,469 187,500 SH X 1 X
DISNEY WALT CO COM DISNEY 254687106 1,255 45,000 SH X 1 X
DISCOVERY HOLDING CO CL A COM 25468Y107 165 11,000 SH X 1 X
DOMINION RES INC VA NEW COM 25746U109 3,313 48,000 SH X 2 X
DOMINION RES INC VA NEW COM 25746U109 1,657 24,000 SH X 1 X
DOW CHEM CO COM 260543103 812 20,000 SH X 1 X
DU PONT EI DE NEMOURS & CO COM 263534109 1,266 30,000 SH X 1 X
EXXON MOBIL CORP COM 30231G102 1,826 30,000 SH X 1 X
FEDEX CORP COM 31428X106 1,694 15,000 SH X 1 X
GENERAL ELECTRIC CO COM 369604103 1,043 30,000 SH X 1 X
INTEL CORP COM 458140100 1,362 70,000 SH X 1 X
INTERNATIONAL BUSINESS MACHS COM 459200101 990 12,000 SH X 1 X
INTUIT COM 461202103 532 10,000 SH X 1 X
JEFFERSON PILOT CORP COM 475070108 1,119 20,000 SH X 1 X
KERR MCGEE CORP COM 492386107 12,412 130,000 SH X 2 X
KERR MCGEE CORP COM 492386107 6,684 70,000 SH X 1 X
LAUDER ESTEE COS INC CL A 518439104 930 25,000 SH X 1 X
LIBERTY MEDIA CORP NEW COM SER A 530718105 903 110,000 SH X 1 X
LILLY ELI & CO COM 532457108 1,659 30,000 SH X 1 X
MAGNA INTL INC CL A 559222401 5,045 66,650 SH X 2 X
MAGNA INTL INC CL A 559222401 2,524 33,350 SH X 1 X
MANPOWER INC COM 56418H100 1,144 20,000 SH X 1 X
MEDTRONIC INC COM 585055106 1,523 30,000 SH X 1 X
MICROSOFT CORP COM 594918104 1,905 70,000 SH X 1 X
MILLIPORE CORP COM 601073109 1,461 20,000 SH X 1 X
NEWS CORP LTD SP ADR PFD 652487802 1,163 70,000 SH X 1 X
NOBLE ENERGY INC COM 655044105 1,318 30,000 SH X 1 X
NORDSTROM INC COM 655664100 1,567 40,000 SH X 1 X
NOVARTIS AG SPONSORED ADR 66987V109 1,386 25,000 SH X 1 X
PROCTER & GAMBLE CO COM 742718109 1,729 30,000 SH X 1 X
ROHM & HAAS CO COM 775371107 733 15,000 SH X 1 X
SCHLUMBERGER LTD COM 806857108 2,531 20,000 SH X 1 X
SIGMA ALDRICH CORP COM 826552101 987 15,000 SH X 1 X
SONY CORP ADR NEW 835699307 1,152 25,000 SH X 1 X
STATE STR CORP COM 857477103 906 15,000 SH X 1 X
TEXAS INSTRS INC COM 882508104 649 20,000 SH X 1 X
3M CO COM 88579Y101 1,514 20,000 SH X 1 X
UNIVISION COMMUNICATIONS INC CL A 914906102 689 20,000 SH X 1 X
1
SECURITIES AND EXCHANGE COMMISSIONS FORM 13F INFORMATION
PREPARED FOR ALLEGHANY CORPORATION
AS OF 3/31/06
COLUMN 6 COLUMN 8
--------------- --------------
COLUMN 4 INVESTMENT VOTING
-------- COLUMN 5 DISCRETION AUTHORITY
COLUMN 1 COLUMN 2 COLUMN 3 MARKET ------------------- --------------- COLUMN 7 --------------
---------------------------- -------------- --------- VALUE SHRS OR SH/ PUT/ SOLE SHRD OTHER -------- SOLE SHRD NONE
NAME OF ISSUER TITLE OF CLASS CUSIP (X 1000) PRIN AMT PRN CALL (A) (B) (C) MANAGER (A) (B) (C)
---------------------------- -------------- --------- -------- ---------- --- ---- ---- ---- ----- -------- ---- ---- ----
WACHOVIA CORP 2ND NEW COM 929903102 1,121 20,000 SH X 1 X
WAL MART STORES INC COM 931142103 1,890 40,000 SH X 1 X
WASHINGTON POST CO CL B 939640108 583 750 SH X 1 X
WEYERHAUSER CO COM 962166104 1,449 20,000 SH X 1 X
GRAND TOTAL 808,488 11,019,981
2