UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 13F FORM 13F COVER PAGE Report for the Calendar Year or Quarter Ended: March 31, 2006 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: Leucadia National Corporation Address: 315 Park Avenue South, 20th Floor New York, NY 10010 Form 13F File Number: 028-11122 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: Joseph A. Orlando Title: Vice President and Chief Financial Officer Phone: 212-460-1900 Signature, Place, and Date of Signing: /s/ Joseph A. Orlando New York, NY May 11, 2006 ----------------------------------- ------------- ------------ [SIGNATURE] [City, State] [Date] 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 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 reported by other reporting manager(s).) List of Other Managers Reporting for this Manager: FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 Form 13F Information Table Entry Total: 8 Form 13F Information Table Value Total: $81,233 List of Other Included Managers: No. Form 13F File Number Name 2 FORM 13F INFORMATION TABLE Col. 1 Col. 2 Col. 3 Col. 4 Col. 5 ------ ------ ------ ------ ---------------------------------- Value Shrs or Sh/ Put/ Name of Issuer Title of Class Cusip (x$1000) Prn Amt Prn Call -------------- -------------- ----- -------- ------- --- ---- Accelrys Inc COM 00430U 10 3 254 34,917 SH EASTMAN CHEM CO COM 277432 10 0 56,452 1,103,000 SH FEI Co COM 30241L 10 9 526 26,515 SH International Assets Holding Co COM 459028 10 6 14,196 1,384,985 SH Parkervision Inc COM 701354 10 2 8,441 773,680 SH Symyx Technologies COM 87155S 10 8 555 20,000 SH UAL CORP COM 902549 80 7 215 5,395 SH Veeco Instruments Inc. Del COM 922417 10 0 594 25,420 SH ** TABLE CONTINUED ** Col. 1 Col. 6 Col. 7 Col. 8 ------ ------ ------ ------------------------------- Investment Other Voting Authority Name of Issuer Discretion Managers Sole Shared None -------------- ---------- -------- ---- ------ ---- Accelrys Inc SOLE 34,917 EASTMAN CHEM CO SOLE 1,103,000 FEI Co SOLE 26,515 International Assets Holding Co SOLE 1,384,985 Parkervision Inc SOLE 773,680 Symyx Technologies SOLE 20,000 UAL CORP SOLE 5,395 Veeco Instruments Inc. Del SOLE 25,420 ** TABLE COMPLETE ** 3