13F-HR 1 d13fhr.txt FORM 13F-HR UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 13F FORM 13f Cover Page Report for the Calendar Year or Quarter End: December 31, 2004 Pamet Capital Management, LLC -------------------------------------------------------------------------------- Name of Institutional Investment Manager 222 Berkeley Street, 22nd Floor Boston MA 02116 -------------------------------------------------------------------------------- Business Address (Street) (City) (State) (Zip) 13F File Number: 028-10112 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 herein is true, correct and complete, and that it is understood that all required items, statements, schedules, and tables, are considered integral parts of this form. Name, Title and Telephone Number of Person Submitting Report: Jason Price Chief Financial Officer 617-646-6100 -------------------------------------------------------------------------------- (Name) (Title) (Phone) Signature, Place and Date of Signing: Jason Price 222 Berkeley Street, 22nd Floor, Boston, MA 02116 2/11/2005 Report Type: [X] 13F HOLDINGS REPORT. [ ] 13F NOTICE. [ ] 13F COMBINATION REPORT. FORM 13F SUMMARY PAGE Number of Other Included Managers: 1 List of Other Included Managers: Abrams Capital, LLC Form 13F Information Table Entry Total: 27 Form 13F Information Table Value Total: 691,138,000 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 13F INFORMATION TABLE Pamet Capital Management, LLC FORM 13F INFORMATION TABLE AS OF DATE: 12/31/04

------------------------------------------------------------------------------------------------------------------------------------ ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8 ------------------------------------------------------------------------------------------------------------------------------------ INVSTMT VOTING AUTHORITY VALUE SHARES/ PUT/ DSCRETN OTHER --------------------- NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT CALL SOLE MANAGERS* SOLE SHARED NONE ------------------------------------------------------------------------------------------------------------------------------------ Allegheny Energy Inc COM 017361106 7,125 361,500 SOLE 361,500 Allegheny Energy Inc COM 017361106 98,907 5,018,100 SOLE 1 5,018,100 Berkshire Hathaway Inc Del CL A 084670108 5,274 60 SOLE 1 60 Berkshire Hathaway Inc Del CL B 084670207 863 294 SOLE 294 Berkshire Hathaway Inc Del CL B 084670207 9,166 3,122 SOLE 1 3,122 Block H&R Inc COM 093671105 3,891 79,400 SOLE 79,400 Block H&R Inc COM 093671105 52,259 1,066,500 SOLE 1 1,066,500 Citigroup Inc W EXP 172967127 350 246,340 SOLE 246,340 Citigroup Inc W EXP 172967127 5,213 3,670,936 SOLE 1 3,670,936 Echostar Communications New CL A 278762109 83,019 2,496,800 SOLE 1 2,496,800 Erie Indty Co CL A 29530P102 3,075 58,500 SOLE 58,500 Erie Indty Co CL A 29530P102 42,928 816,592 SOLE 1 816,592 Global Signal Inc COM 37944Q103 10,450 379,462 SOLE 379,462 Global Signal Inc COM 37944Q103 153,397 5,569,986 SOLE 1 5,569,986 Intergraph Corp COM 458683109 2,141 79,486 SOLE 79,486 Intergraph Corp COM 458683109 34,824 1,293,133 SOLE 1 1,293,133 Juno Ltg Inc COM NEW 482047206 1,445 34,400 SOLE 34,400 Juno Ltg Inc COM NEW 482047206 20,593 490,311 SOLE 1 490,311 Morgan Stanley COM NEW 617446448 1,580 28,450 SOLE 28,450 Morgan Stanley COM NEW 617446448 22,699 408,850 SOLE 1 408,850

Newcastle Invt Corp COM 65105M108 721 22,700 SOLE 22,700 Newcastle Invt Corp COM 65105M108 11,991 377,300 SOLE 1 377,300 SLM Corp COM 78442P106 3,022 56,600 SOLE 56,600 SLM Corp COM 78442P106 41,164 771,000 SOLE 1 771,000 Safety Ins Group Inc COM 78648T100 2,032 64,854 SOLE 1 64,854 USA Mobility Inc COM 90341G103 4,722 133,743 SOLE 133,743 USA Mobility Inc COM 90341G103 68,287 1,933,932 SOLE 1 1,933,932 * Where shares are reported for "Other Managers" designated in Item 7, all of the information provided is with respect to such manager.