------------------------------
OMB Number: 3235-0145
Expires: August 31, 1999
Estimated average burden
hours per response ..... 14.90
------------------------------
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. )*
Autozone Inc.
- --------------------------------------------------------------------------------
(Name of Issuer)
Common Stock
- --------------------------------------------------------------------------------
(Title of Class of Securities)
053332102
- --------------------------------------------------------------------------------
(CUSIP Number)
December 31, 1999
- --------------------------------------------------------------------------------
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
|X| Rule 13d-1(b)
|_| Rule 13d-1(c)
|_| Rule 13d-1(d)
* The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter the
disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).
(SEC 1745 (2-95)
<PAGE>
CUSIP No. 053332102 13G Page 2 of 5 Pages
- --------------------------------------------------------------------------------
1. NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
W.P. Stewart & Co., Ltd. Tax I.D. # - 98-0201080
- --------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [_]
(b) [_]
- --------------------------------------------------------------------------------
3. SEC USE ONLY
- --------------------------------------------------------------------------------
4. CITIZENSHIP OR PLACE OF ORGANIZATION
Hamilton, Bermuda
- --------------------------------------------------------------------------------
NUMBER OF 5. SOLE VOTING POWER
SHARES 21,292,376
-----------------------------------------------------------------
BENEFICIALLY 6. SHARED VOTING POWER
OWNED BY None
-----------------------------------------------------------------
EACH 7. SOLE DISPOSITIVE POWER
REPORTING 21,292,376
-----------------------------------------------------------------
PERSON 8. SHARED DISPOSITIVE POWER
WITH None
- --------------------------------------------------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
21,292,376
- --------------------------------------------------------------------------------
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
- --------------------------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
15.4%
- --------------------------------------------------------------------------------
12. TYPE OF REPORTING PERSON*
Investment Adviser (IA)
- --------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE>
CUSIP No. 053332102 13G Page 3 of 5 Pages
--------------------------------------------------------------------
Item 1(a) Name of Issuer:
AutoZone Inc.
--------------------------------------------------------------------
Item 1(b) Address of Issuer's Principal Executive Offices:
P.O. Box 2198, Dept. 8074, Memphis, TN 31801-9842
--------------------------------------------------------------------
Item 2(a) Name of Person Filing:
W.P. Stewart & Co., Ltd.
--------------------------------------------------------------------
Item 2(b) Address of Principal Business Office:
Trinity Hall, 43 Cedar Avenue, Hamilton HM 12 Bermuda
--------------------------------------------------------------------
Item 2(c) Citizenship:
Bermuda
--------------------------------------------------------------------
Item 2(d) Title of Class of Securities:
Common Stock
--------------------------------------------------------------------
Item 2(e) CUSIP Number:
053332102
--------------------------------------------------------------------
Item 3
(e) [X] Investment Adviser in accordance with
(Section) 240.13d-1(b)(1)(ii)(E)
Item 4. Ownership.
(a) Amount Beneficially Owned:
21,292,376
----------------------------------------------------------------------
(b) Percent of Class:
15.4%
----------------------------------------------------------------------
<PAGE>
CUSIP No. 053332102 13G Page 4 of 5 Pages
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote 21,292,376
----------------
(ii) shared power to vote or to direct the vote none
----------------
(iii) sole power to dispose or to direct the
disposition of 21,292,376
----------------
(iv) shared power to dispose or to direct the
disposition none
----------------
Item 5. Not Applicable
Item 6. W.P. Stewart & Co., Ltd. is deemed to be a beneficial owner for purpose
of Rule 13(d) since it has the power to make investment decisions over
securities for many unrelated clients. W.P. Stewart & Co., Ltd. does
not, however have any economic interest in the securities of those
clients. The clients are the actual owners of the securities and have
the sole right to receive and the power to direct the receipt of
dividends from or proceeds from the sale of such securities. No client
has an interest that relates to 5% or more of this security.
Item 7. Not Applicable
Item 8. Not Applicable
Item 9. Not Applicable
Item 10. Not Applicable
By signing below I certify that, to the best of my knowledge and belief, the
securities referred to above were acquired and are held in the ordinary course
of business and were not acquired and are not held for the purpose of or with
the effect of changing or influencing the control of the issuer of the
securities and were not acquired and are not held in connection with or as a
participant in any transaction having that purpose, or effect.
<PAGE>
CUSIP No. 053332102 13G Page 5 of 5 Pages
After reasonable inquiry and to the best of my knowledge and belief, I certify
that the information set forth in this statement is true, complete and correct.
2/4/00
----------------------------------------
(Date)
/s/LISA D. LEVEY
----------------------------------------
(Signature)
Lisa D. Levey - General Counsel
----------------------------------------
(Name/Title)
