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, 2013
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: Permit Capital, LLC
Address: One Tower Bridge
100 Front Street, Suite 900
West Conshohocken, PA 19428
Form 13F File Number: 28-11062
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: Paul A. Frick
Title: Vice President
Phone: (610) 941-5006
Signature, Place, and Date of Signing:
/s/ Paul A. Frick West Conshohocken, PA 5/15/13
------------------------- ------------------------ -------------------------
[Signature] [City, State] [Date]
Report Type (Check only one.):
[_] 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).)
[X] 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).)
List of Other Managers Reporting for this Manager:
No. Form 13F File Number Name
--- -------------------- ----
1 28-2635 Gardner Russo & Gardner
2 28-1646 SASCO Capital, Inc.
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 1
Form 13F Information Table Entry Total: 65
Form 13F Information Table Value Total: $132,637
(thousands)
List of Other Included Managers:
Provide a numbered list of the name(s) and Form 13F file number(s) of all
institutional investment managers with respect to which this report is filed,
other than the manager filing this report.
No. Form 13F File Number Name
--- --------------------------- ----
3 28-11063 Permit Capital GP, L.P.
TITLE OF VALUE SHRS OR SHR/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER CLASS CUSIP (x$1,000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
-------------- ---------- --------- --------- ------- ---- ---- ---------- -------- ---- ------ ----
CITIGROUP INC COM NEW 172967424 4,394 99,317 SH OTHER 3 X
DELL INC COM 24702R101 3,188 222,459 SH OTHER 3 X
GAMESTOP CORP CLASS A
NEW 36467W109 3,774 134,915 SH OTHER 3 X
GOLDMAN SACHS
GROUP INC COM 38141G104 2,499 16,980 SH OTHER 3 X
GOOGLE INC CLASS A 38259P508 3,300 4,155 SH OTHER 3 X
INTERDIGITAL INC COM 45867G101 3,169 66,200 SH OTHER 3 X
JOHNSON &
JOHNSON COM 478160104 2,536 31,100 SH OTHER 3 X
LIBERTY
INTERACTIVE LBT VENT
CORP COM A 53071M880 2,423 32,057 SH OTHER 3 X
LIBERTY MEDIA INT COM
HLDG CORP SER A 53071M104 3,935 184,123 SH OTHER 3 X
MCKESSON CORP COM 58155Q103 3,865 35,800 SH OTHER 3 X
MICROSOFT CORP COM 594918104 3,990 139,500 SH OTHER 3 X
NEWCASTLE
INVESTMENT
CORP COM 65105M108 1,147 102,715 SH OTHER 3 X
NOBLE CORP NAMEN-AKT H5833N103 1,993 52,250 SH OTHER 3 X
ORACLE CORP COM 68389X105 2,370 73,300 SH OTHER 3 X
PHILIP MORRIS
INTL INC COM 718172109 751 8,100 SH OTHER 3 X
SBA
COMMUNICATIONS
CORP COM 78388J106 68,475 951,047 SH OTHER 3 X
SPRINT NEXTEL
CORP COM SER 1 852061100 3,013 485,111 SH OTHER 3 X
VODAFONE GROUP SPONS ADR
PLC NEW 92857W209 1,825 64,275 SH OTHER 3 X
WILLIAMS COS
INC DEL COM 969457100 1,498 40,000 SH OTHER 3 X
ALTRIA GROUP INC COM 02209S103 558 16,225 SH OTHER 1,3 X
ANHEUSER BUSH
INBEV SA/NV ADR 03524A108 772 7,750 SH OTHER 1,3 X
BERKSHIRE
HATHAWAY INC
DEL CL A 084670108 1,719 11 SH OTHER 1,3 X
BERKSHIRE
HATHAWAY INC
DEL CL B NEW 084670702 78 750 SH OTHER 1,3 X
BROWN FORMAN
CORP CL A 115637100 469 6,375 SH OTHER 1,3 X
COMCAST CORP NEW CL A SPL 20030N200 337 8,500 SH OTHER 1,3 X
MARTIN MARIETTA
MATLS INC COM 573284106 334 3,275 SH OTHER 1,3 X
MASTERCARD INC CLASS A 57636Q104 905 1,672 SH OTHER 1,3 X
PHILIP MORRIS
INTL INC COM 718172109 1,495 16,125 SH OTHER 1,3 X
SCRIPPS
NETWORKS
INTERACTIVE CL A COM 811065101 193 3,000 SH OTHER 1,3 X
UNILEVER NV NY SHS NEW 904784709 666 16,250 SH OTHER 1,3 X
WASHINGTON POST
CO CL B 939640108 134 300 SH OTHER 1,3 X
WELLS FARGO &
CO NEW COM 949746101 843 22,800 SH OTHER 1,3 X
AVERY DENNISON
CORP COM 053611109 3 80 SH OTHER 2,3 X
AVON PRODUCTS
INC COM 054303102 78 3,740 SH OTHER 2,3 X
BALL CORP COM 58498106 216 4,550 SH OTHER 2,3 X
BEAM INC COM 73730103 213 3,350 SH OTHER 2,3 X
BIG LOTS INC COM 89302103 195 5,530 SH OTHER 2,3 X
CON-WAY INC COM 205944101 99 2,800 SH OTHER 2,3 X
CONSOL ENERGY COM 20854P109 158 4,700 SH OTHER 2,3 X
CROWN HOLDINGS
INC COM 228368106 263 6,320 SH OTHER 2,3 X
DEVON ENERGY COM 25179M103 186 3,300 SH OTHER 2,3 X
DOMINION
RESOURCES COM 25746U109 335 5,750 SH OTHER 2,3 X
DOW CHEMICAL CO COM 260543103 214 6,730 SH OTHER 2,3 X
FMC CORP COM NEW 302491303 74 1,300 SH OTHER 2,3 X
FORTUNE BRANDS
HOME & SEC COM 34964C106 140 3,740 SH OTHER 2,3 X
INTERNATIONAL
PAPER COM 460146103 259 5,560 SH OTHER 2,3 X
KINDER MORGAN COM 49456B101 151 3,894 SH OTHER 2,3 X
MASCO CORP COM 574599106 140 6,910 SH OTHER 2,3 X
NABORS
INDUSTRIES SHS G6359F103 232 14,330 SH OTHER 2,3 X
ONEOK INC COM 682680103 244 5,110 SH OTHER 2,3 X
OWENS CORNING
NEW COM 690742101 115 2,910 SH OTHER 2,3 X
OWENS ILLINOIS COM NEW 690768403 252 9,450 SH OTHER 2,3 X
PACKAGING CORP
OF AMERICA COM 695156109 136 3,030 SH OTHER 2,3 X
PENNY J.C. COM 708160106 110 7,300 SH OTHER 2,3 X
RAYTHEON COM NEW 755111507 235 4,000 SH OTHER 2,3 X
REPUBLIC
SERVICES INC. COM 760759100 284 8,620 SH OTHER 2,3 X
ROWAN COMPANIES
PLC SHS CL A G7665A101 193 5,470 SH OTHER 2,3 X
SAFEWAY INC COM NEW 786514208 374 14,200 SH OTHER 2,3 X
SEALED AIR CORP COM 81211K100 194 8,030 SH OTHER 2,3 X
TJX COMPANIES COM 872540109 112 2,400 SH OTHER 2,3 X
USG CORP COM NEW 903293405 93 3,500 SH OTHER 2,3 X
WASTE MANAGEMENT COM 94106L109 145 3,700 SH OTHER 2,3 X
WEYERHAEUSER CO COM 962166104 126 4,000 SH OTHER 2,3 X
WILLIAMS COS COM 969457100 228 6,090 SH OTHER 2,3 X
XYLEM INC COM 98419M100 192 6,950 SH OTHER 2,3 X