Quarter Ending 09/30/2009 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
N/A N/A ENZON PHARMACEUTICALS INC 2,071,382 $8.25 $17,089,000
*****  SOLD OFF
% pos ch % val ch Change COMPANY Cur. Pos. Prev. Pos. Approx PPS Prev PPS Value Prev Value
N/A N/A GHL ACQUISITION *W EXP 02/14/20 1,250,000 $0.65 $813,000
N/A N/A HORIZON LINES INC 2,962,029 $3.86 $11,433,000
N/A N/A ISTAR FINL INCFRNT 10/0       67,930,000 $0.38 $25,691,000
N/A N/A KBL HEALTHCARE ACQ*W EXP 07/18/ 235,000 $0.27 $64,000
N/A N/A NEWS CORP B 439,300 $10.57 $4,643,000
N/A N/A PDL BIOPHARMA INC 12,657,500 $7.90 $99,994,000
*****  HOLD POSITIONS
% pos ch % val ch Change COMPANY Cur. Pos. Prev. Pos. Approx PPS Prev PPS Value Prev Value
0.00% 17.89% ALLIANCE ONE INTL INC 8,800,000 8,800,000 $4.48 $3.80 $39,424,000 $33,440,000
0.00% 113.22% BPW ACQUISITION *W EXP 02/26/20 573,900 573,900 $0.45 $0.21 $258,000 $121,000
0.00% 48.05% BREITBURN ENERGY PARTNERS LP 8,495,939 8,495,939 $11.37 $7.68 $96,599,000 $65,249,000
0.00% 10.11% CAPITALSOURCE INC DBCV 4.000% 173,157,000 173,157,000 $0.86 $0.78 $148,482,000 $134,846,000
0.00% 18.26% CAPITALSOURCE INC NOTE 7.250% 48,298,000 48,298,000 $0.83 $0.70 $40,268,000 $34,050,000
0.00% 112.42% DOMTAR CORP 3,234,071 3,234,071 $35.22 $16.58 $113,904,000 $53,621,000
0.00% 415.87% ENTERPRISE ACQ *W EXP 11/07/201 1,250,000 1,250,000 $0.26 $0.05 $325,000 $63,000
0.00% 264.76% GLOBAL CONSUMER *W EXP 11/27/20 2,963,000 2,963,000 $0.73 $0.20 $2,163,000 $593,000
0.00% 16.52% LIBERTY MEDIA CORP NEW 4,222,160 4,222,160 $31.11 $26.70 $131,351,000 $112,732,000
0.00% 3.23% MULTIMEDIA GAMES INC 2,600,000 2,600,000 $5.12 $4.96 $13,312,000 $12,896,000
0.00% 31.28% NEWS CORP A 24,600,000 24,600,000 $11.96 $9.11 $294,216,000 $224,106,000
0.00% 621.15% PROSPECT ACQ *W EXP 11/14/201 2,500,000 2,500,000 $0.60 $0.08 $1,500,000 $208,000
0.00% -2.19% RHI ENTMT INC DEL 4,900,551 4,900,551 $3.12 $3.19 $15,290,000 $15,633,000
0.00% 79.75% SP ACQUISITI *W EXP 10/10/201 1,580,700 1,580,700 $0.09 $0.05 $142,000 $79,000
0.00% 246.15% SAPPHIRE IND *W EXP 01/17/201 6,200,000 6,200,000 $0.45 $0.13 $2,790,000 $806,000
0.00% 186.79% TM ENTMT & MEDIA*W EXP 10/17/20 525,000 525,000 $0.29 $0.10 $152,000 $53,000
0.00% 0.00% THERAVANCE INC 9,033,741 9,033,741 $14.64 $14.64 $132,254,000 $132,254,000
0.00% 15.53% THERAVANCE INC NOTE 3.000% 41,500,000 41,500,000 $0.85 $0.73 $35,119,000 $30,399,000
0.00% 0.00% TREMISIS ENERGY *W EXP 12/05/20 325,000 325,000 $0.12 $0.12 $39,000 $39,000
0.00% 60.00% OVERTURE ACQ *W EXP 01/30/201 1,000,000 1,000,000 $0.24 $0.15 $240,000 $150,000
0.00% 25.09% ITURAN LOCATION AND CONTROL 1,721,066 1,721,066 $10.32 $8.25 $17,761,000 $14,199,000
*****  AUGMENTED POSITIONS
% pos ch % val ch Change COMPANY Cur. Pos. Prev. Pos. Approx PPS Prev PPS Value Prev Value
147.87% 3.67% 1,817,459 VIASAT INC 3,046,516 1,229,057 $26.58 $25.64 $80,976,000 $31,513,000
*****  REDUCED POSITIONS
% pos ch % val ch Change COMPANY Cur. Pos. Prev. Pos. Approx PPS Prev PPS Value Prev Value
-6.15% 16.89% -117,800 AUDIOVOX CORP 1,797,286 1,915,086 $6.85 $5.86 $12,311,000 $11,222,000
-41.03% -11.07% -12,227,007 CAPITALSOURCE INC 17,571,100 29,798,107 $4.34 $4.88 $76,259,000 $145,415,000
-19.83% 86.12% -867,532 FACET BIOTECH CORP 3,506,875 4,374,407 $17.29 $9.29 $60,634,000 $40,638,000
-32.09% 58.04% -990,384 SYNERON MEDICAL LTD 2,096,235 3,086,619 $11.41 $7.22 $23,918,000 $22,285,000
Back to the Enlightened American Website