HED Head N.V.

CUSIP No. 422070102



1. Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities
only).
 Donald Smith & Co., Inc.
 13-2807845

2. Check the Appropriate Box if a Member of a Group (See
Instructions)

 (a)
 (b) [X]


 3. SEC Use Only
.........................................................

 4. Citizenship or Place of Organization
 A Delaware Corporation

Number of 5. Sole Voting Power 2,551,800 shares
Shares
Beneficially 6. Shared Voting Power 0
Owned by
Each Reporting 7. Sole Dispositive Power 3,737,900 shares
Person With
 8. Shared Dispositive Power 0


9.Aggregate Amount Beneficially Owned by Each Reporting Person
 3,737,900 shares


10. Check if the Aggregate Amount in Row (9) Excludes Certain
Shares (See Instructions)

11. Percent of Class Represented by Amount in Row (9) 9.99%
12. Type of Reporting Person (See Instructions) IA




Item 1.

(a) Name of Issuer: Head NV
(b) Address of Issuer's Principal Executive Offices
Rokin 55
NL- 1012 KK Amsterdam
Netherlands
Item 2.

 (a) Name of Person Filing: Donald Smith & Co.,Inc.

 (b) Address of Principal Business Office:
 152 West 57th Street
 New York, NY 10019

 (c) Citizenship: A Delaware Corporation

 (d) Title of Class of Securities: Common

 (e) CUSIP Number: 422070102


Item 3. This statement is filed pursuant to Section 240.13d-1(b), and the
person filing is an investment advisor registered in accordance
with Section 240.13d-1(b)(1)(ii)(E);

Item 4. Ownership.
Provide the following information regarding the aggregate number and
percentage of the class of securities of the issuer identified in Item 1.

 (a) Amount beneficially owned: SEE ITEM 9 OF COVER PAGE

 (b) Percent of class: SEE ITEM 11 OF COVER PAGE

 (c) Number of shares as to which the person has:
 (i) SOLE POWER TO VOTE: SEE ITEM 5 OF COVER PAGE
 (ii) SHARED POWER TO VOTE: SEE ITEM 6 OF COVER PAGE
 (iii) SOLE POWER TO DISPOSE: SEE ITEM 7 OF COVER PAGE
 (iv) SHARED POWER TO DISPOSE: SEE ITEM 8 OF COVER PAGE

Item 5. Ownership of Five Percent or Less is NOT APPLICABLE

Item 6. Ownership of More than Five Percent on Behalf of Another Person:
All securities reported in this schedule are owned by advisory
clients of Donald Smith & Co., Inc., no one of which, to the
knowledge of Donald Smith & Co., Inc. owns more than 5% of the
class.

Item 7. Identification and Classification of the Subsidiary Which Acquired
the Security Being Reported on By the Parent Holding Company
 NOT APPLICABLE

Item 8. Identification and Classification of Members of the Group
 NOT APPLICABLE

Item 9. Notice of Dissolution of Group
 NOT APPLICABLE

Item 10. Certification

 (a)
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.


SIGNATURE
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.

February 12, 2008
Date

Donald G. Smith___________
Signature

President_________________
Title