| Quarter Ending 09/30/2007 | 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 | A C MOORE ARTS & CRAFTS INC | 1,078,236 | $15.76 | $16,993,000 | |||||
| N/A | N/A | ALTERNATIVE ASSET MGMT ACQU | 1,500,000 | $8.82 | $13,230,000 | |||||
| N/A | N/A | BROADRIDGE FINL SOLUTIONS IN | 2,237,000 | $18.95 | $42,391,000 | |||||
| N/A | N/A | EXTERRAN HLDGS INC | 960,667 | $80.34 | $77,180,000 | |||||
| N/A | N/A | GSC ACQUISITION COMPANY | 850,000 | $9.21 | $7,829,000 | |||||
| N/A | N/A | GSC ACQUISITION COMPANYWRT | 38,500 | $1.09 | $42,000 | |||||
| N/A | N/A | ITURAN LOCATION AND CONTROL | 560,407 | $12.05 | $6,753,000 | |||||
| N/A | N/A | KBL HEALTHCARE ACQUIS CORP I | 410,000 | $7.20 | $2,952,000 | |||||
| N/A | N/A | KBL HEALTHCARE ACQUIS CORP WRT | 235,000 | $0.66 | $155,000 | |||||
| N/A | N/A | MBF HEALTHCARE ACQUISITION*WRT | 349,900 | $0.81 | $283,000 | |||||
| ***** SOLD OFF | ||||||||||
| % pos ch | % val ch | Change | COMPANY | Cur. Pos. | Prev. Pos. | Approx PPS | Prev PPS | Value | Prev Value | |
| N/A | N/A | GENERAL FINANCE CORP | 277,215 | $7.87 | $2,182,000 | |||||
| N/A | N/A | HANOVER COMPRESSOR CO | 225,438 | $23.85 | $5,377,000 | |||||
| N/A | N/A | HEALTHCARE ACQUISITION CP NE | 168,900 | $7.30 | $1,233,000 | |||||
| N/A | N/A | HOME DEPOT INC | 1,500,000 | $39.35 | $59,025,000 | |||||
| N/A | N/A | STAR MARITIME ACQUISITION CO | 2,845,200 | $12.26 | $34,882,000 | |||||
| N/A | N/A | UNIVERSAL COMPRESSION HLDGS | 649,466 | $72.47 | $47,067,000 | |||||
| ***** HOLD POSITIONS | ||||||||||
| % pos ch | % val ch | Change | COMPANY | Cur. Pos. | Prev. Pos. | Approx PPS | Prev PPS | Value | Prev Value | |
| 0.00% | -30.23% | ACUSPHERE INC | 2,600,582 | 2,600,582 | $1.50 | $2.15 | $3,901,000 | $5,591,000 | ||
| 0.00% | -8.10% | ALDABRA 2 ACQUISITION CORP | 1,200,000 | 1,200,000 | $9.19 | $10.00 | $11,028,000 | $12,000,000 | ||
| 0.00% | -0.54% | COLUMBUS ACQUISITION CORP | 750,000 | 750,000 | $7.37 | $7.41 | $5,528,000 | $5,558,000 | ||
| 0.00% | 0.00% | COLUMBUS ACQUISITION CORP WRT | 750,000 | 750,000 | $0.85 | $0.85 | $638,000 | $638,000 | ||
| 0.00% | -0.54% | COMMUNITY BANKERS ACQUISITN | 927,400 | 927,400 | $7.36 | $7.40 | $6,826,000 | $6,863,000 | ||
| 0.00% | -1.52% | GLOBAL LOGISTICS ACQUISITION | 1,160,100 | 1,160,100 | $7.75 | $7.87 | $8,991,000 | $9,130,000 | ||
| 0.00% | 2.78% | GRUBB&ELLIS RLTY ADVISORS IN | 2,948,100 | 2,948,100 | $5.92 | $5.76 | $17,453,000 | $16,981,000 | ||
| 0.00% | -1.41% | HARBOR ACQUISITION CORPORATI | 1,663,200 | 1,663,200 | $5.60 | $5.68 | $9,314,000 | $9,447,000 | ||
| 0.00% | -1.28% | HD PARTNERS ACQUISITION CORP | 1,129,700 | 1,129,700 | $7.55 | $7.65 | $8,529,000 | $8,640,000 | ||
| 0.00% | 6.60% | HUTCHISON TELECOMM INTL LTD | 292,100 | 292,100 | $20.78 | $19.49 | $6,070,000 | $5,694,000 | ||
| 0.00% | 1.93% | INDIA GLOBALIZATION CAP INC | 1,066,800 | 1,066,800 | $5.85 | $5.74 | $6,241,000 | $6,123,000 | ||
| 0.00% | 0.00% | INFORMATION SERVICES GROUP I | 500,000 | 500,000 | $7.65 | $7.65 | $3,825,000 | $3,825,000 | ||
| 0.00% | -27.72% | INFORMATION SERVICES GROUP WRT | 500,000 | 500,000 | $0.73 | $1.01 | $365,000 | $505,000 | ||
| 0.00% | 2.08% | JK ACQUISITION CORP | 1,453,300 | 1,453,300 | $5.92 | $5.80 | $8,604,000 | $8,429,000 | ||
| 0.00% | 0.13% | MARATHON ACQUISITION CORP | 5,277,639 | 5,277,639 | $7.89 | $7.88 | $41,641,000 | $41,588,000 | ||
| 0.00% | -8.57% | MBF HEALTHCARE ACQUISITION C | 575,000 | 575,000 | $7.59 | $8.30 | $4,364,000 | $4,773,000 | ||
| 0.00% | -0.13% | MEDIA & ENTMT HOLDINGS INC | 725,000 | 725,000 | $7.39 | $7.40 | $5,358,000 | $5,365,000 | ||
| 0.00% | -18.72% | MEDIA & ENTMT HOLDINGS INC WRT | 725,000 | 725,000 | $0.91 | $1.12 | $660,000 | $812,000 | ||
| 0.00% | 8.08% | NATIONAL FUEL GAS CO N J | 500,000 | 500,000 | $46.81 | $43.31 | $23,405,000 | $21,655,000 | ||
| 0.00% | 0.39% | NORTH AMERN INS LEADERS INC | 1,293,300 | 1,293,300 | $7.70 | $7.67 | $9,959,000 | $9,920,000 | ||
| 0.00% | 5.92% | OCEANAUT INC | 625,000 | 625,000 | $8.05 | $7.60 | $5,031,000 | $4,750,000 | ||
| 0.00% | 12.50% | QUANTA CAPITAL HLDGS LTD | 6,950,000 | 6,950,000 | $2.70 | $2.40 | $18,765,000 | $16,680,000 | ||
| 0.00% | 2.68% | SANTA MONICA MEDIA CORP | 750,000 | 750,000 | $7.66 | $7.46 | $5,745,000 | $5,595,000 | ||
| 0.00% | -1.31% | SHANGHAI CENTURY ACQUISIT CO | 1,321,733 | 1,321,733 | $8.29 | $8.40 | $10,957,000 | $11,103,000 | ||
| 0.00% | 1.47% | UNION STREET ACQ CORP | 625,000 | 625,000 | $7.63 | $7.52 | $4,769,000 | $4,700,000 | ||
| 0.00% | -1.19% | VANTAGE ENERGY SERVICES INC | 675,000 | 675,000 | $7.51 | $7.60 | $5,069,000 | $5,130,000 | ||
| 0.00% | -1.38% | VICTORY ACQUISITION CORP | 400,000 | 400,000 | $9.30 | $9.43 | $3,720,000 | $3,772,000 | ||
| ***** AUGMENTED POSITIONS | ||||||||||
| % pos ch | % val ch | Change | COMPANY | Cur. Pos. | Prev. Pos. | Approx PPS | Prev PPS | Value | Prev Value | |
| 6.35% | -2.08% | 26,815 | CORE MARK HOLDING CO INC | 449,060 | 422,245 | $35.23 | $35.98 | $15,820,000 | $15,192,000 | |
| 187.88% | -26.52% | 6,200,000 | DOMTAR CORP | 9,500,000 | 3,300,000 | $8.20 | $11.16 | $77,900,000 | $36,828,000 | |
| 40.98% | -26.02% | 412,173 | FIRST AMERN CORP CALIF | 1,417,973 | 1,005,800 | $36.62 | $49.50 | $51,926,000 | $49,787,000 | |
| 55.56% | 2.18% | 1,000,000 | FREEDOM ACQUISITION HLDGS IN | 2,800,000 | 1,800,000 | $11.25 | $11.01 | $31,500,000 | $19,818,000 | |
| 20.46% | -42.48% | 733,133 | HARBOR ACQUISITION CORPORATI WR | 4,316,133 | 3,583,000 | $0.23 | $0.40 | $993,000 | $1,433,000 | |
| 81.43% | -6.81% | 377,000 | HORIZON LINES INC | 840,000 | 463,000 | $30.53 | $32.76 | $25,645,000 | $15,168,000 | |
| 18.82% | -33.23% | 246,295 | MULTIMEDIA GAMES INC | 1,555,168 | 1,308,873 | $8.52 | $12.76 | $13,250,000 | $16,701,000 | |
| 210.63% | 3.68% | 4,145,500 | NEWS CORP | 6,113,600 | 1,968,100 | $21.99 | $21.21 | $134,438,000 | $41,743,000 | |
| 8.54% | 6.00% | 49,200 | OCEANAUT INC WRT | 625,000 | 575,800 | $1.43 | $1.35 | $894,000 | $777,000 | |
| 18.99% | -5.25% | 367,064 | SYNERON MEDICAL LTD | 2,300,000 | 1,932,936 | $23.64 | $24.95 | $54,372,000 | $48,227,000 | |
| ***** REDUCED POSITIONS | ||||||||||
| % pos ch | % val ch | Change | COMPANY | Cur. Pos. | Prev. Pos. | Approx PPS | Prev PPS | Value | Prev Value | |
| -1.51% | -19.89% | -8,700 | CLEARPOINT BUSINESS RES INC | 568,000 | 576,700 | $3.99 | $4.98 | $2,266,000 | $2,872,000 | |
| -13.56% | -24.34% | -124,510 | INFOSPACE INC | 793,628 | 918,138 | $17.56 | $23.21 | $13,936,000 | $21,310,000 | |
| -3.85% | -4.46% | -242,443 | OMNOVA SOLUTIONS INC | 6,060,045 | 6,302,488 | $5.78 | $6.05 | $35,027,000 | $38,130,000 | |
| -40.85% | -2.29% | -416,169 | SCHOOL SPECIALTY INC | 602,724 | 1,018,893 | $34.63 | $35.44 | $20,872,000 | $36,110,000 | |
| -67.09% | -13.74% | -2,885,000 | SLM CORP | 1,415,000 | 4,300,000 | $49.67 | $57.58 | $70,283,000 | $247,594,000 | |
| -77.32% | -7.91% | -751,594 | U.S. AUTO PARTS NETWORK INC | 220,406 | 972,000 | $8.71 | $9.46 | $1,920,000 | $9,195,000 | |