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

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.

PAMET CAPITAL MANAGEMENT LLC 13F-HR