| Enlightened American: Baupost Group Q1 2008 SEC 13F HR Filing | ||||||||||
| Quarter Ending 03/31/2008 | Back to the Enlightened American Website | |||||||||
| Seth Klarman (Baupost Group) | ||||||||||
| ***** NEW POSITIONS TAKEN | ||||||||||
| % pos ch | % val ch | Change | COMPANY | Cur. Pos. | Prev. Pos. | Approx PPS | Prev PPS | Value | Prev Value | |
| ALLSCRIPTS HEALTHCARE SOLUTI | 172,800 | $10.32 | $1,783,000 | |||||||
| BPW ACQUISITION CORP | 573,900 | $9.56 | $5,486,000 | |||||||
| BORDERS GROUP INC | 4,971,600 | $5.87 | $29,183,000 | |||||||
| CTC MEDIA INC | 29,773 | $27.74 | $826,000 | |||||||
| CHINA HLDGS ACQUISITION CORP | 1,050,000 | $9.00 | $9,450,000 | |||||||
| GLOBAL CONSUMER ACQST CORP | 2,963,000 | $9.08 | $26,904,000 | |||||||
| GLOBAL CONSUMER ACQST CORP | 2,963,000 | $0.71 | $2,104,000 | |||||||
| INNOPHOS HOLDINGS INC | 108,435 | $16.09 | $1,745,000 | |||||||
| INTL PAPER CO | 1,422,600 | $27.20 | $38,695,000 | |||||||
| LIBERTY ACQUISITION HLDGS CO | 987,400 | $9.33 | $9,212,000 | |||||||
| PDL BIOPHARMA INC | 461,600 | $10.59 | $4,888,000 | |||||||
| SAPPHIRE INDUSTRIALS CORP | 4,603,250 | $9.16 | $42,166,000 | |||||||
| SAPPHIRE INDUSTRIALS CORP | 6,200,000 | $0.45 | $2,790,000 | |||||||
| THERAVANCE INC | 5,328,598 | $10.53 | $56,110,000 | |||||||
| TREMISIS ENERGY ACQ CORP II | 325,000 | $7.35 | $2,389,000 | |||||||
| TREMISIS ENERGY ACQ CORP II | 325,000 | $0.50 | $163,000 | |||||||
| WELLPOINT INC | 4,453,300 | $44.13 | $196,524,000 | |||||||
| OVERTURE ACQUISITION CORP | 74,400 | $9.22 | $686,000 | |||||||
| OVERTURE ACQUISITION CORP | 1,000,000 | $0.42 | $420,000 | |||||||
| ***** SOLD OFF | ||||||||||
| Change | COMPANY | Cur. Pos. | Prev. Pos. | Approx PPS | Prev PPS | Value | Prev Value | |||
| ALDABRA 2 ACQUISITION CORP | 1,200,000 | $9.74 | $11,688,000 | |||||||
| COLUMBUS ACQUISITION CORP | 750,000 | $7.42 | $5,565,000 | |||||||
| COMMUNITY BANKERS ACQUISITN | 927,400 | $7.41 | $6,872,000 | |||||||
| ENTERPRISE ACQUISITION CORP | 1,250,000 | $9.05 | $11,313,000 | |||||||
| FIRST AMERN CORP CALIF | 2,198,600 | $34.12 | $75,016,000 | |||||||
| GLOBAL CONSUMER ACQST CORP | 2,963,000 | $9.92 | $29,393,000 | |||||||
| GLOBAL LOGISTICS ACQUISITION | 1,008,100 | $7.60 | $7,662,000 | |||||||
| GOLDEN POND HEALTHCARE INC | 633,000 | $0.70 | $443,000 | |||||||
| HD PARTNERS ACQUISITION CORP | 1,129,700 | $7.48 | $8,450,000 | |||||||
| HARBOR ACQUISITION CORPORATI | 1,663,200 | $5.70 | $9,480,000 | |||||||
| INDIA GLOBALIZATION CAP INC | 1,066,800 | $5.90 | $6,294,000 | |||||||
| INFOSPACE INC | 815,741 | $18.80 | $15,336,000 | |||||||
| JK ACQUISITION CORP | 667,700 | $5.60 | $3,739,000 | |||||||
| MEDIA & ENTMT HOLDINGS INC | 725,000 | $7.39 | $5,358,000 | |||||||
| OCEANAUT INC | 625,000 | $7.85 | $4,906,000 | |||||||
| PORTLAND GEN ELEC CO | 32,232 | $27.77 | $895,000 | |||||||
| SLM CORP | 21,911,966 | $20.14 | $441,307,000 | |||||||
| TREMISIS ENERGY ACQ CORP II | 325,000 | $7.91 | $2,571,000 | |||||||
| TRIPLECROWN ACQUISITION CORP | 1,000,000 | $1.02 | $1,020,000 | |||||||
| UNION STREET ACQ CORP | 625,000 | $7.65 | $4,781,000 | |||||||
| SHANGHAI CENTURY ACQUISIT CO | 1,180,924 | $8.78 | $10,369,000 | |||||||
| ***** HOLD POSITIONS | ||||||||||
| % pos ch | % val ch | Change | COMPANY | Cur. Pos. | Prev. Pos. | Approx PPS | Prev PPS | Value | Prev Value | |
| 0.00% | -26.27% | ACUSPHERE INC | 2,600,582 | 2,600,582 | $0.48 | $0.65 | $1,246,000 | $1,690,000 | ||
| 0.00% | 3.50% | ALTERNATIVE ASSET MGMT ACQU | 1,500,000 | 1,500,000 | $9.47 | $9.15 | $14,205,000 | $13,725,000 | ||
| 0.00% | -6.51% | ATLAS PIPELINE PARTNERS LP | 1,661,363 | 1,661,363 | $40.06 | $42.85 | $66,554,000 | $71,189,000 | ||
| 0.00% | 0.85% | ATLAS PIPELINE HOLDINGS LP | 477,778 | 477,778 | $27.36 | $27.13 | $13,072,000 | $12,962,000 | ||
| 0.00% | 2.11% | CAPITOL ACQUISITION CORP DEL | 2,100,000 | 2,100,000 | $9.19 | $9.00 | $19,299,000 | $18,900,000 | ||
| 0.00% | -54.48% | COLUMBUS ACQUISITION CORP | 750,000 | 750,000 | $0.25 | $0.55 | $188,000 | $413,000 | ||
| 0.00% | -37.50% | ENTERPRISE ACQUISITION CORP | 1,250,000 | 1,250,000 | $0.50 | $0.80 | $625,000 | $1,000,000 | ||
| 0.00% | -19.28% | ENTERPRISE GP HLDGS L P | 536,910 | 536,910 | $29.88 | $37.02 | $16,043,000 | $19,876,000 | ||
| 0.00% | 2.67% | GOLDEN POND HEALTHCARE INC | 633,000 | 633,000 | $7.35 | $7.16 | $4,653,000 | $4,532,000 | ||
| 0.00% | -1.91% | GSC ACQUISITION COMPANY | 850,000 | 850,000 | $9.24 | $9.42 | $7,854,000 | $8,007,000 | ||
| 0.00% | -99.69% | HARBOR ACQUISITION CORPORATI | 4,380,533 | 4,380,533 | $0.00 | $0.29 | $4,000 | $1,270,000 | ||
| 0.00% | 0.89% | HIGHLANDS ACQUISITION CORP | 525,000 | 525,000 | $9.08 | $9.00 | $4,767,000 | $4,725,000 | ||
| 0.00% | 1.10% | INTER ATLANTIC FINANCIAL INC | 575,000 | 575,000 | $7.36 | $7.28 | $4,232,000 | $4,186,000 | ||
| 0.00% | -0.27% | KBL HEALTHCARE ACQUIS CORP I | 410,000 | 410,000 | $7.20 | $7.22 | $2,952,000 | $2,960,000 | ||
| 0.00% | -44.34% | KBL HEALTHCARE ACQUIS CORP I | 235,000 | 235,000 | $0.25 | $0.45 | $59,000 | $106,000 | ||
| 0.00% | 0.53% | MBF HEALTHCARE ACQUISITION C | 575,000 | 575,000 | $7.65 | $7.61 | $4,399,000 | $4,376,000 | ||
| 0.00% | -0.77% | MARATHON ACQUISITION CORP | 5,277,639 | 5,277,639 | $7.72 | $7.78 | $40,743,000 | $41,060,000 | ||
| 0.00% | -74.56% | MEDIA & ENTMT HOLDINGS INC | 725,000 | 725,000 | $0.18 | $0.71 | $131,000 | $515,000 | ||
| 0.00% | -71.38% | OCEANAUT INC | 496,100 | 496,100 | $0.47 | $1.64 | $233,000 | $814,000 | ||
| 0.00% | -52.94% | PROSPECT ACQUISITION CORP | 2,500,000 | 2,500,000 | $0.40 | $0.85 | $1,000,000 | $2,125,000 | ||
| 0.00% | -8.70% | SCHOOL SPECIALTY INC | 180,586 | 180,586 | $31.54 | $34.55 | $5,696,000 | $6,239,000 | ||
| 0.00% | -1.78% | TM ENTMT & MEDIA INC | 625,000 | 625,000 | $7.15 | $7.28 | $4,469,000 | $4,550,000 | ||
| 0.00% | -37.77% | TM ENTMT & MEDIA INC | 525,000 | 525,000 | $0.33 | $0.53 | $173,000 | $278,000 | ||
| 0.00% | 0.00% | 2020 CHINACAP ACQUIRCO INC | 307,000 | 307,000 | $7.20 | $7.20 | $2,210,000 | $2,210,000 | ||
| 0.00% | -1.97% | VANTAGE ENERGY SERVICES INC | 675,000 | 675,000 | $7.45 | $7.60 | $5,029,000 | $5,130,000 | ||
| 0.00% | -2.99% | VICTORY ACQUISITION CORP | 400,000 | 400,000 | $9.40 | $9.69 | $3,760,000 | $3,876,000 | ||
| 0.00% | -32.16% | QUANTA CAPITAL HLDGS LTD | 6,950,000 | 6,950,000 | $1.73 | $2.55 | $12,024,000 | $17,723,000 | ||
| 0.00% | -8.76% | ITURAN LOCATION AND CONTROL | 1,220,569 | 1,220,569 | $10.10 | $11.07 | $12,328,000 | $13,512,000 | ||
| 0.00% | -0.13% | SEANERGY MARITIME CORP | 250,000 | 250,000 | $9.44 | $9.45 | $2,360,000 | $2,363,000 | ||
| ***** AUGMENTED POSITIONS | ||||||||||
| % pos ch | % val ch | Change | COMPANY | Cur. Pos. | Prev. Pos. | Approx PPS | Prev PPS | Value | Prev Value | |
| 48.10% | -50.40% | 1,082,200 | A C MOORE ARTS & CRAFTS INC | 3,332,200 | 2,250,000 | $6.82 | $13.75 | $22,726,000 | $30,938,000 | |
| 19.85% | 48.40% | 607,610 | ALLIANCE ONE INTL INC | 3,668,442 | 3,060,832 | $6.04 | $4.07 | $22,157,000 | $12,458,000 | |
| 317.85% | -13.87% | 1,654,332 | AUDIOVOX CORP | 2,174,800 | 520,468 | $10.68 | $12.40 | $23,227,000 | $6,454,000 | |
| 85.44% | -30.52% | 303,995 | BREITBURN ENERGY PARTNERS LP | 659,800 | 355,805 | $20.08 | $28.90 | $13,249,000 | $10,283,000 | |
| 89.78% | 0.07% | 141,500 | CORE MARK HOLDING CO INC | 299,113 | 157,613 | $28.74 | $28.72 | $8,597,000 | $4,527,000 | |
| 73.95% | -11.18% | 7,874,800 | DOMTAR CORP | 18,523,400 | 10,648,600 | $6.83 | $7.69 | $126,515,000 | $81,888,000 | |
| 136.95% | -21.10% | 1,178,651 | EXTERRAN HLDGS INC | 2,039,318 | 860,667 | $64.54 | $81.80 | $131,618,000 | $70,403,000 | |
| 17.38% | -0.16% | 655,619 | HORIZON LINES INC | 4,427,419 | 3,771,800 | $18.61 | $18.64 | $82,394,000 | $70,306,000 | |
| 25.46% | -24.09% | 1,050,220 | LINN ENERGY LLC | 5,175,220 | 4,125,000 | $19.00 | $25.03 | $98,329,000 | $103,249,000 | |
| 27.60% | -35.97% | 562,448 | MULTIMEDIA GAMES INC | 2,600,000 | 2,037,552 | $5.34 | $8.34 | $13,884,000 | $16,993,000 | |
| 101.19% | -8.49% | 6,186,400 | NEWS CORP | 12,300,000 | 6,113,600 | $18.75 | $20.49 | $230,625,000 | $125,268,000 | |
| 0.16% | -9.52% | 9,200 | OMNOVA SOLUTIONS INC | 5,898,345 | 5,889,145 | $3.99 | $4.41 | $23,534,000 | $25,971,000 | |
| 17.49% | 8.82% | 463,519 | SYNERON MEDICAL LTD | 3,113,519 | 2,650,000 | $14.55 | $13.37 | $45,302,000 | $35,431,000 | |
| ***** REDUCED POSITIONS | ||||||||||
| % pos ch | % val ch | Change | COMPANY | Cur. Pos. | Prev. Pos. | Approx PPS | Prev PPS | Value | Prev Value | |
| -7.98% | -26.52% | -31,914 | CLEARPOINT BUSINESS RES INC | 367,815 | 399,729 | $1.55 | $2.11 | $570,000 | $843,000 | |
| -13.65% | 1.80% | -341,300 | GLOBAL BPO SVCS CORP | 2,158,700 | 2,500,000 | $7.33 | $7.20 | $15,823,000 | $18,000,000 | |
| -30.00% | 1.36% | -1,500,000 | HECKMANN CORP | 3,500,000 | 5,000,000 | $7.45 | $7.35 | $26,075,000 | $36,750,000 | |
| -13.15% | -9.85% | -355,000 | HECKMANN CORP | 2,345,000 | 2,700,000 | $0.64 | $0.71 | $1,501,000 | $1,917,000 | |
| -65.21% | -0.11% | -2,282,500 | HICKS ACQUISITION CO I INC | 1,217,500 | 3,500,000 | $9.18 | $9.19 | $11,177,000 | $32,165,000 | |
| -30.29% | -72.43% | -106,000 | MBF HEALTHCARE ACQUISITION C | 243,900 | 349,900 | $0.20 | $0.73 | $49,000 | $255,000 | |
| -69.10% | 0.22% | -1,865,700 | NRDC ACQUISITION CORP | 834,300 | 2,700,000 | $9.19 | $9.17 | $7,667,000 | $24,759,000 | |
| -80.00% | 1.14% | -400,000 | NATIONAL FUEL GAS CO N J | 100,000 | 500,000 | $47.21 | $46.68 | $4,721,000 | $23,340,000 | |
| -58.11% | 1.03% | -751,600 | NORTH AMERN INS LEADERS INC | 541,700 | 1,293,300 | $7.88 | $7.80 | $4,269,000 | $10,088,000 | |
| -60.73% | -0.22% | -1,518,370 | PROSPECT ACQUISITION CORP | 981,630 | 2,500,000 | $9.08 | $9.10 | $8,913,000 | $22,750,000 | |
| -63.79% | -0.44% | -2,551,400 | SP ACQUISITION HOLDINGS INC | 1,448,600 | 4,000,000 | $9.16 | $9.20 | $13,269,000 | $36,800,000 | |
| -34.97% | -39.14% | -850,000 | SP ACQUISITION HOLDINGS INC | 1,580,700 | 2,430,700 | $0.56 | $0.92 | $885,000 | $2,236,000 | |
| -4.75% | 1.87% | -35,600 | SANTA MONICA MEDIA CORP | 714,400 | 750,000 | $7.61 | $7.47 | $5,437,000 | $5,603,000 | |
| -3.89% | -0.22% | -101,100 | TRIPLECROWN ACQUISITION CORP | 2,498,900 | 2,600,000 | $9.12 | $9.14 | $22,790,000 | $23,764,000 | |