UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: December 31, 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
February 13, 2006
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: 27
Form 13F Information Table Value Total: $ 152,066
(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
Title of Value Shrs or Investment Other ----------------
Name of Issuer Class CUSIP (x $1000) prn amt SH/PRN Put/Call Discretion Managers Sole Shared None
-------------- -------- --------- --------- ------- ------ -------- ---------- -------- ---- ------ ----
Ambac Finl Group, Inc. Common 023139108 4,392 57,000 SH Sole X
Bank of America Corp Common 060505104 6,965 150,930 SH Sole X
Cal-Maine Foods, Inc. Common 128030202 1,073 158,000 SH Sole X
DR Horton, Inc. Common 23331A109 1,329 37,202 SH Sole X
Deere & Company Common 244199105 11,442 168,000 SH Sole X
Indymac Bancorp,Inc. Common 456607100 2,361 60,500 SH Sole X
MBIA, Inc. Common 55262C100 9,373 155,800 SH Sole X
M/I Schottenstein Homes, Inc. Common 55305B101 4,306 106,000 SH Sole X
Old Rep Intl Corp Common 680223104 3,059 116,500 SH Sole X
Zales Corp New Common 988858106 3,487 137,000 SH Sole X
Torchmark Corp Common 891027104 3,558 64,000 SH Sole X
Fresh Del Monte Produce Inc. Common G36738105 18,423 809,200 SH Sole X
General Maritime Corp Common Y2692M103 11,112 300,000 SH Sole X
Anadarko Petroleum Corp Common 032511107 13,360 141,000 SH Sole X
Autoliv Inc. Common 052800109 409 9,800 SH Sole X
Delta Apparel Inc. Common 247368103 1,256 80,800 SH Sole X
Argonaut Group, Inc. Common 040157109 534 16,289 SH Sole X
Allstate Corp. Common 020002101 9,381 173,500 SH Sole X
MGIC Invt. Corp. Wis. Common 552848109 18,022 273,800 SH Sole X
Steel Dynamics Inc. Common 858119100 5,682 160,000 SH Sole X
CIT Group Inc. Common 125581108 6,602 127,500 SH Sole X
NVR Inc. Common 62944T105 1,688 2,400 SH Sole X
Nash Finch Co Common 631158102 782 30,000 SH Sole X
Pilgrims Price Corp Common 721467108 5,010 146,300 SH Sole X
Column 1 Column 2 Column 3 Column 4 Column 5 Column 6 Column 7 Column 8
-------- -------- --------- --------- ----------------------- ---------- -------- ----------------
Voting authority
Title of Value Shrs or Investment Other ----------------
Name of Issuer Class CUSIP (x $1000) prn amt SH/PRN Put/Call Discretion Managers Sole Shared None
-------------- -------- --------- --------- ------- ------ -------- ---------- -------- ---- ------ ----
Stanley Furniture Co. Inc. Common 854305208 519 22,400 SH Sole X
US Bancorp Common 902973304 7,485 264,000 SH Sole X
Yankee Candle Co Inc. Common 984757104 461 18,000 SH Sole X