UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 Form 13F COVER PAGE Report for the Calendar Year or Quarter Ended; June 30, 2005 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: Torchmark Corporation Address: 2001 Third Avenue South Birmingham, AL 35233 Form 13F File Number: 28-1112 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: Reporting Manager: Name: Carol A. McCoy Title: Vice President, Associate Counsel & Secretary Phone: 205-325-4243 Signature, Place and Date of Signing: /s/ Carol A. McCoy ----------------------------------- (Signature) Birmingham, AL August 5, 2005 Report Type (Check only one): [X] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.) [ ] 13F NOTICE. (Check here if no holdings reporting are in this report and all holdings are reported by other reporting manager(s).) [ ] 13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reporting by other reporting manager(s).) Form 13F Summary Page Report Summary: Number of Other Included Managers: 0 Form 13F Information Table Entry Total: 19 Form 13F Information Table Value Total: $ 150,561 (thousands) List of Other Included Managers: None 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. [If there are no entries in this list, state "NONE" and omit the column headings and list entries.] FORM 13F INFORMATION TABLE ------------------------------------------------------------------------------------------------------------------------------------ Column 1 Column 2 Column 3 Column 4 Column 5 Column 6 Column 7 Column 8 ------------------------------------------------------------------------------------------------------------------------------------ Voting authority -------------------- Value Shrs or Investment Other Name of Issuer Title of Class CUSIP (x $1000) prn amt SH/PRN Put/Call Discretion Managers Sole Shared None ------------------------------------------------------------------------------------------------------------------------------------ Ambac Finl Group, Inc. Common 023139108 3,914 65,500 SH Sole X Bank of America Corp Common 060505104 6,870 150,620 SH Sole X Cal-Maine Foods, Inc. Common 128030202 956 158,000 SH Sole X DR Horton, Inc. Common 23331A109 4,696 124,868 SH Sole X Deere & Company Common 244199105 10,020 153,000 SH Sole X Indymac Bancorp, Inc. Common 456607100 3,992 98,000 SH Sole X MBIA, Inc. Common 55262C100 10,783 181,800 SH Sole X M/I Schottenstein Homes, Inc. Common 55305B101 8,467 156,500 SH Sole X Old Rep Intl Corp Common 680223104 4,426 175,000 SH Sole X Zales Corp New Common 988858106 2,154 68,000 SH Sole X Torchmark Corp Common 891027104 3,341 64,000 SH Sole X Fresh Del Monte Produce Inc. Common G36738105 22,753 845,200 SH Sole X General Maritime Corp Common Y2692M103 29,256 690,000 SH Sole X Anadarko Petroleum Corp Common 03251107 16,389 199,500 SH Sole X Ashworth Inc. Common 04516H101 423 47,000 SH Sole X Delta Apparel Inc. Common 247368103 678 52,400 SH Sole X Argonaut Group, Inc. Common 040157109 376 16,289 SH Sole X Allstate Corp. Common 020002101 3,927 65,730 SH Sole X MGIC Invt Corp. Wis. Common 552848109 17,140 262,800 SH Sole X