UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Quarter Ended December 31, 2004
AMERICAN FINANCIAL GROUP, INC.
One East Fourth Street, Cincinnati, Ohio 45202
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(Name and Address of Institutional Investment Manager Filing this Report)
Form 13F File Number: 28-4389
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.
Fred J. Runk
Senior Vice President and Treasurer
(513) 579-2489
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(Name, Title and Phone Number of Person Signing
this Report on Behalf of Reporting Manager)
Signature:
s/Fred J. Runk Cincinnati, Ohio February 10, 2005
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Fred J. Runk
Senior Vice President and Treasurer
Report Type:
[X] 13F HOLDINGS REPORT.
[ ] 13F NOTICE.
[ ] 13F COMBINATION REPORT.
Page 1 of 4
FORM 13F SUMMARY PAGE
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Number of Other Included Managers: 1
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Form 13F Information Table Entry Total: 87
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Form 13F Information Table Value Total (thousands): $ 1,059,681
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Name and 13F file numbers of all Institutional Investment Managers with respect
to which this schedule is filed (other than American Financial Group, Inc.):
Number 13F File Number Name of Subsidiary
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1. 28-498 Great American Insurance Company
Page 2
FORM 13F INFORMATION TABLE
Column 4: Column 5: Column 8:
Column 2: Market Shares or Column 6: Column 7: Voting Authority
Column 1: Title of Column 3: Value Principal Investment Other ---------------------------
Name of Issuer Class CUSIP (000's) Amount Discretion Managers Sole Shared None
-------------- ---------------- ----------- --------- ------------ ---------- -------- ---------- ------ ---------
HOLDINGS OF GREAT AMERICAN INSURANCE COMPANY
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ENDURANCE SPECIALTY HLDGS LT SHS G30397 10 6 14,022 410,000SH Defined 1 410,000
GLOBAL CROSSING LTD SHS NEW G3921A 17 5 118 6,521SH Defined " 6,521
AMERICAN ELEC PWR INC COM 025537 10 1 2,850 83,000SH Defined " 83,000
AMERICAN INTL GROUP INC COM 026874 10 7 1,313 20,000SH Defined " 20,000
CABLEVISION SYS CORP CL A NY CABLVS 12686C 10 9 1,444 58,000SH Defined " 58,000
CITIGROUP INC COM 172967 10 1 13,490 280,000SH Defined " 280,000
COMCAST CORP NEW CL A 20030N 10 1 671 20,153SH Defined " 20,153
COMCAST CORP NEW CL A SPL 20030N 20 0 1,798 54,760SH Defined " 54,760
DPL INC COM 233293 10 9 7,222 287,600SH Defined " 287,600
ENERGY EAST CORP COM 29266M 10 9 2,142 80,300SH Defined " 80,300
FIFTH THIRD BANCORP COM 316773 10 0 1,594 33,700SH Defined " 33,700
FOUNDATION COAL HLDGS INC COM 35039W 10 0 922 40,000SH Defined " 40,000
GENTEK INC COM NEW 37245X 20 3 1,123 25,000SH Defined " 25,000
GREAT AMERN FINL RES INC COM 389915 10 9 669,891 38,565,995SH Defined " 38,565,995
INTERNATIONAL STL GROUP INC COM 460377 10 4 1,391 34,300SH Defined " 34,300
JPMORGAN & CHASE & CO COM 46625H 10 0 3,121 80,000SH Defined " 80,000
MARSH SUPERMARKETS INC CL B 571783 20 8 7,413 602,644SH Defined " 602,644
MARSH SUPERMARKETS INC CL A 571783 30 7 8,021 709,844SH Defined " 709,844
MERCK & CO INC COM 589331 10 7 1,607 50,000SH Defined " 50,000
NTL INC DEL COM 62940M 10 4 6,861 94,040SH Defined " 94,040
NATIONAL CITY CORP COM 635405 10 3 157,642 4,198,189SH Defined " 4,198,189
NEWS CORP CL B 65248E 20 3 1,152 60,000SH Defined " 60,000
NISOURCE INC COM 65473P 10 5 3,531 155,000SH Defined " 155,000
PNC FINL SVCS GROUP INC COM 693475 10 5 3,676 64,000SH Defined " 64,000
PEPCO HOLDINGS INC COM 713291 10 2 864 40,500SH Defined " 40,500
PFIZER INC COM 717081 10 3 6,991 260,000SH Defined " 260,000
PROGRESS ENERGY INC COM 743263 10 5 1,796 39,700SH Defined " 39,700
QWEST COMMUNICATIONS INTL IN COM 749121 10 9 79 17,902SH Defined " 17,902
SBC COMMUNICATIONS INC COM 78387G 10 3 1,547 60,000SH Defined " 60,000
SARA LEE CORP COM 803111 10 3 1,207 50,000SH Defined " 50,000
SEABULK INTL INC COM 81169P 10 1 635 52,456SH Defined " 52,456
SUNTERRA CORP COM NEW 86787D 20 8 913 65,000SH Defined " 65,000
TIME WARNER INC COM 887317 10 5 509 26,149SH Defined " 26,149
TORTOISE ENERGY INFRSTRCTR C COM 89147L 10 0 1,646 60,000SH Defined " 60,000
TYCO INTL LTD NEW COM 902124 10 6 1,608 45,000SH Defined " 45,000
UNITED AUTO GROUP INC COM 909440 10 9 1,172 39,600SH Defined " 39,600
VIACOM INC CL B 925524 30 8 1,638 45,000SH Defined " 45,000
WASHINGTON MUT INC COM 939322 10 3 1,697 40,134SH Defined " 40,134
ZENITH NATL INS CORP COM 989390 10 9 1,231 24,700SH Defined " 24,700
HOLDINGS OF OTHER ENTITIES EACH HAVING LESS THAN $100 MILLION IN 13F SECURITIES
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GLOBAL CROSSING LTD SHS NEW G3921A 17 5 258 14,224SH Defined 1 14,224
ALLIANCE RES PARTNER L P UT LTD PART 01877R 10 8 7,444 100,593SH Defined " 100,593
ALLIANCE RES PARTNER L P UT LTD PART 01877R 10 8 1,703 23,011SH Other 23,011
BRISTOL MYERS SQUIBB CO COM 110122 10 8 256 10,000SH Defined 1 10,000
BRISTOL MYERS SQUIBB CO COM 110122 10 8 256 10,000SH Other 10,000
CABLEVISION SYS CORP CL A NY CABLVS 12686C 10 9 6,536 262,500SH Defined 1 262,500
CABLEVISION SYS CORP CL A NY CABLVS 12686C 10 9 727 29,177SH Other 29,177
CITIGROUP INC COM 172967 10 1 3,373 70,000SH Defined 1 70,000
CITIGROUP INC COM 172967 10 1 1,445 30,000SH Other 30,000
COMCAST CORP NEW CL A 20030N 10 1 1,824 54,800SH Other 54,800
COMCAST CORP NEW CL A SPL 20030N 20 0 9,162 279,000SH Defined 1 279,000
DPL INC COM 233293 10 9 1,256 50,000SH Defined " 50,000
DPL INC COM 233293 10 9 251 10,000SH Other 10,000
ENERGY EAST CORP COM 29266M 10 9 2,135 80,000SH Defined 1 80,000
FIFTH THIRD BANCORP COM 316773 10 0 2,654 56,100SH Defined " 56,100
FOUNDATION COAL HLDGS INC COM 35039W 10 0 922 40,000SH Defined " 40,000
GENTEK INC COM NEW 37245X 20 3 1,796 40,000SH Defined " 40,000
JOHN HANCOCK BK &THRIFT OPP SH BEN INT 409735 10 7 725 67,200SH Other 67,200
HOST MARRIOTT CORP NEW COM 44107P 10 4 175 10,110SH Other 10,110
INTERNATIONAL STL GROUP INC COM 460377 10 4 4,299 106,000SH Defined 1 106,000
INTERNATIONAL STL GROUP INC COM 460377 10 4 1,217 30,000SH Other 30,000
LAIDLAW INTL INC COM 50730R 10 2 1,467 68,543SH Defined 1 68,543
MERCK & CO INC COM 589331 10 7 321 10,000SH Defined " 10,000
NRG ENERGY INC COM NEW 629377 50 8 1,565 43,411SH Defined " 43,411
NTL INC DEL COM 62940M 10 4 19,266 264,065SH Defined " 264,065
NTL INC DEL COM 62940M 10 4 730 10,000SH Other 10,000
NATIONAL CITY CORP COM 635405 10 3 5,955 158,562SH Defined 1 158,563
NATIONAL CITY CORP COM 635405 10 3 1,562 41,603SH Other 41,603
NEWS CORP CL B 65248E 20 3 1,536 80,000SH Defined 1 80,000
NISOURCE INC COM 65473P 10 5 683 30,000SH Defined " 30,000
PEPCO HOLDINGS INC COM 713291 10 2 213 10,000SH Defined " 10,000
PFIZER INC COM 717081 10 3 2,689 100,000SH Defined " 100,000
PFIZER INC COM 717081 10 3 1,076 40,000SH Other 40,000
PIMCO HIGH INCOME FD COM SHS 722014 10 7 6,240 417,700SH Defined 1 417,700
POPULAR INC COM 733174 10 6 10,916 378,640SH Defined " 378,640
SBC COMMUNICATIONS INC COM 78387G 10 3 515 20,000SH Defined " 20,000
SANTANDER BANCORP COM 802809 10 3 1,004 33,275SH Defined " 33,275
SEABULK INTL INC COM 81169P 10 1 237 19,600SH Sole 19,600
SEABULK INTL INC COM 81169P 10 1 2,582 213,201SH Defined 1 213,201
SEABULK INTL INC COM 81169P 10 1 1,187 98,000SH Other 98,000
SUNTERRA CORP COM NEW 86787D 20 8 2,106 150,000SH Defined 1 150,000
TORTOISE ENERGY INFRSTRCTR C COM 89147L 10 0 1,646 60,000SH Defined " 60,000
US BANCORP DEL COM NEW 902973 30 4 891 28,462SH Other 28,462
UNITED AUTO GROUP INC COM 909440 10 9 1,725 58,300SH Defined 1 58,300
VIACOM INC CL B 925524 30 8 4,913 135,000SH Defined " 135,000
VIACOM INC CL B 925524 30 8 364 10,000SH Other 10,000
WASHINGTON MUT INC COM 939322 10 3 2,333 55,179SH Defined 1 55,179
ZENITH NATL INS CORP COM 989390 10 9 997 20,000SH Other 20,000
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REPORT TOTAL $1,059,681
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