13F-HR 1 march08horizon13f.txt MARCH08HORIZONTHIRTEENF UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F Form 13F COVER PAGE Report for the Quarter ended: March 31, 2008 Not an amendment. Institutional Investment Manager Filing this Report: Name: Horizon Asset Management, Inc. Address: 470 Park Avenue South 4th Floor South New York, N.Y. 10016 13F File Number: 28-6986 The institutional investment manager filing this report; and 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: Andrew M. Fishman Title: Director of Compliance and General Counsel Phone: 646-495-7347 Signature, Place, and Date of Signing: Andrew M. Fishman New York, New York May 19, 2008 Report Type: 13F HOLDINGS REPORT List of Other Managers Reporting for this Manager: none I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE ACT OF 1934. Report Summary: Number of Other Included Managers: none Form 13F Information Table Entry Total: 244 Form Information Table Value Total: $13,478,892,000 VALUE SHRS SHR PUT INVEST OTHER VOTING NAME OF ISSUER CLASS CUSIP (x1000) PRIN AMT PRN CALL DISC MGRS AUTH ABBOTT LABS com stk002824100 3444 62453 Sole Sole ADELPHIA REC TR com stk00685R409 556 7981892 Sole Sole ALLEGHANY CORP com stk017175100 3573 10463 Sole Sole ALLEGHENY ENERGY com stk017361106 703495 13927059 Sole Sole ALTRIA GROUP com stk02209S103 709 31937 Sole Sole AMBASSADORS GRP com stk023177108 225 11930 Sole Sole AMER INTL GROUP com stk026874107 2671 61733 Sole Sole AMER REAL EST cvt bd 029169AA7 4459 5000000 Sole Sole AMERI CAP STRAT com stk024937104 16000 468397 Sole Sole ANGLO AMER PLC com stk03485P201 90353 3034258 Sole Sole APOLLO INVT com stk03761U106 12492 789156 Sole Sole APPLIED MATLS com stk038222105 909 46600 Sole Sole AQUILA INC com stk03840P102 139894 43940360 Sole Sole ARCHER DANIELS com stk039483102 846 20549 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