UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Quarter Ended: March 31, 1999
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: Timucuan Asset Management, Inc.
Address: 111 Riverside Avenue
Suite 140
Jacksonville, FL 32202
13F File Number: 28-6184
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: Randall Mann
Title: Executive Vice President
Phone: 904-356-1739
Signature, Place, and Date of Signing:
Randall Mann Jacksonville, Florida May 11, 1999
Report type (Check only one.):
[ X ] 13F HOLDINGS REPORT.
[ ] 13F NOTICE.
[ ] 13F COMBINATION REPORT.
List of Other Manager Reporting for this Manager:
I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE ACT
OF 1934.
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FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total:
Form 13F Information Table Value Total:
List of Other Included Managers:
No. 13F File Number Name
NONE
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FORM 13F INFORMATION TABLE
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER CLASS CUSIP (X$1000) PRN AMT PRN CALL DSCRETN MGRS SOLE SHARE NONE
A.S.V. INC. COM 001963107 3784817 190638 SH SOLE SOLE
ABBOTT LABORATORIES, INC. COM 002824100 280781 5998 SH SOLE SOLE
ALLSTATE CORP. COM 020002101 7338 198 SH SOLE SOLE
ALLTEL CORP. COM 020039103 77844 1248 SH SOLE SOLE
ASCENT ENTERTAINMENT GROUP COM 043628106 6328984 578650 SH SOLE SOLE
BERKSHIRE HATHAWAY, INC. COM 084670108 30916200 433 SH SOLE SOLE
CPI CORP. COM 125902106 9687816 432975 SH SOLE SOLE
CARPENTER TECHNOLOGY CORP. COM 144285103 130984 5050 SH SOLE SOLE
CEDAR FAIR LP COM 150185106 100500 4000 SH SOLE SOLE
COCA-COLA CO. COM 191216100 7682554 125174 SH SOLE SOLE
COMCAST CORPORATION COM 200300200 54315 863 SH SOLE SOLE
COMPASS BANCSHARES, INC. COM 20449H109 153387 4446 SH SOLE SOLE
DIAGEO PLC COM 25243Q05 19764 432 SH SOLE SOLE
E. W. SCRIPPS CO. COM 811054204 22257971 503005 SH SOLE SOLE
EASTERN AMERN NAT GAS TR COM 276217106 30937 2200 SH SOLE SOLE
ELECTRONIC DATA SYS. CORP. COM 285661104 14813902 304265 SH SOLE SOLE
EXXON CORP. COM 302290101 176406 2500 SH SOLE SOLE
FARMER BROTHERS CO. COM 307675108 49500 250 SH SOLE SOLE
FEDERAL NAT'L MORT. ASSOC. COM 313586109 249300 3600 SH SOLE SOLE
FIRST NAT'L BANKSHARES INC COM 32110J10 714616 25522 SH SOLE SOLE
FIRST UNION CORP. COM 337358105 160312 3000 SH SOLE SOLE
FLORAFAX INTERNATIONAL COM 339825101 362425 23962 SH SOLE SOLE
FREDDIE MAC COM 313400301 22828715 398320 SH SOLE SOLE
GAP, INC. COM 364760108 30291 450 SH SOLE SOLE
GEHL COMPANY COM 368483103 1062000 72000 SH SOLE SOLE
GENERAL CINEMA CORP. COM 36155Q109 629 20 SH SOLE SOLE
GENERAL ELECTRIC CORP. COM 369604103 995625 9000 SH SOLE SOLE
H&R BLOCK, INC. COM 093671105 22006398 464515 SH SOLE SOLE
HARCOURT GENERAL, INC. COM 41163G101 16617 375 SH SOLE SOLE
HASBRO, INC. COM 418056107 25945334 896599 SH SOLE SOLE
HILLENBRAND INDUSTRIES, IN COM 431573104 21614133 467965 SH SOLE SOLE
HOME DEPOT INC. COM 437076102 310004 4980 SH SOLE SOLE
ING GROUP COM 456837103 66430 1209 SH SOLE SOLE
KINDER MORGAN ENERGY COM 494550106 52942 1529 SH SOLE SOLE
KNIGHT-RIDDER, INC. COM 499040103 5347250 106945 SH SOLE SOLE
LAKEHEAD PIPE LINE PARTNER COM 511557100 67500 1500 SH SOLE SOLE
LEUCADIA NATIONAL CORP. COM 527288104 511225 16900 SH SOLE SOLE
LOEWS CORP. COM 540424108 22387 300 SH SOLE SOLE
MDC COMMUNICATIONS CORP. COM 55267W309 3600000 400000 SH SOLE SOLE
MARKEL CORPORATION COM 570535104 8960227 49710 SH SOLE SOLE
MEDIAONE GROUP, INC. COM 58440J104 624859 9850 SH SOLE SOLE
MID AMERICA APT COM 59522J103 207785 9721 SH SOLE SOLE
MODIS PROFESSIONAL SERVICE COM 607830106 12680250 1399200 SH SOLE SOLE
NORFOLK SOUTHERN CORP. COM 655844108 276146 10470 SH SOLE SOLE
ON COMMAND CORP. COM 682160106 2125212 232900 SH SOLE SOLE
PEPSICO, INC. COM 713448108 70537 1800 SH SOLE SOLE
PHILIP MORIS, INC. COM 718154107 47714 1356 SH SOLE SOLE
PLUM CREEK TIMBER CO. LP COM 729237107 112575 3950 SH SOLE SOLE
PROGRESSIVE CORP. COM 743315103 3042200 21200 SH SOLE SOLE
REGENCY REALTY COM 758939102 103125 5500 SH SOLE SOLE
SEAGRAM CO. LTD. COM 811850106 15000 300 SH SOLE SOLE
SERVICEMASTER COMPANY COM 817615107 25037573 1232619 SH SOLE SOLE
ST. JOE PAPER COMPANY COM 790148100 145500 6000 SH SOLE SOLE
STEWART ENTERPRISES, INC. COM 860370105 12047 750 SH SOLE SOLE
SUPERIOR SURGICAL MFG. INC COM 868358102 5000 400 SH SOLE SOLE
TRW INC. COM 872649108 101647 2234 SH SOLE SOLE
TORCHMARK CORP. COM 891027104 170775 5400 SH SOLE SOLE
TRIZEC HAHN CORP. COM 896938107 16590511 900015 SH SOLE SOLE
WACHOVIA CORP. COM 929771103 350730 4320 SH SOLE SOLE
WADDELL & REED FIN. INC. C COM 930059100 6293 307 SH SOLE SOLE
WADDELL & REED FIN. INC. C COM 930059209 26275 1322 SH SOLE SOLE
WAL-MART STORES, INC. COM 931142103 184375 2000 SH SOLE SOLE
WASHINGTON POST CO. B COM 939640108 573650 1100 SH SOLE SOLE
WELLS FARGO COM 949740104 19889028 567245 SH SOLE SOLE
WESCO FINANCIAL COM 950817106 1385800 4100 SH SOLE SOLE
MARSH SUPERMARKETS CV CONVERTIBLE 571783AB5 39300 40000 SH SOLE SOLE
NATIONAL EDUCATION CORP. CONVERTIBLE 6357718AB 56400 60000 SH SOLE SOLE
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