| Enlightened-American: Seth Klarman (Baupost Group) Q3 2008 13F-HR Filing | ||||||||||
| Quarter Ending 09/30/2008 | 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 | |
| N/A | N/A | ACERGY S A | 345,517 | $10.06 | $3,476,000 | |||||
| N/A | N/A | CAPITALSOURCE INC NOTE 7.250% | 10,100,000 | $0.74 | $7,449,000 | |||||
| N/A | N/A | IAC INTERACTIVECORP | 3,508,942 | $17.30 | $60,705,000 | |||||
| N/A | N/A | NEWS CORP CL B | 1,599,800 | $12.15 | $19,438,000 | |||||
| N/A | N/A | RHI ENTMT INC DEL | 3,480,299 | $14.90 | $51,856,000 | |||||
| ***** SOLD OFF | ||||||||||
| % pos ch | % val ch | Change | COMPANY | Cur. Pos. | Prev. Pos. | Approx PPS | Prev PPS | Value | Prev Value | |
| N/A | N/A | ALTERNATIVE ASSET MGMT ACQU | 1,500,000 | $9.30 | $13,950,000 | |||||
| N/A | N/A | BPW ACQUISITION CORP | 573,900 | $9.31 | $5,343,000 | |||||
| N/A | N/A | CAPITALSOURCE INC | 2,300,000 | $11.08 | $25,484,000 | |||||
| N/A | N/A | CLEARPOINT BUSINESS RES INC | 367,815 | $0.48 | $177,000 | |||||
| N/A | N/A | CORE MARK HOLDING CO INC | 251,113 | $26.20 | $6,579,000 | |||||
| N/A | N/A | GLOBAL BPO SVCS CORP | 976,679 | $7.65 | $7,472,000 | |||||
| N/A | N/A | GLOBAL CONSUMER ACQST CORP | 2,963,000 | $9.23 | $27,348,000 | |||||
| N/A | N/A | GOLDEN POND HEALTHCARE INC | 633,000 | $7.35 | $4,653,000 | |||||
| N/A | N/A | GSC ACQUISITION COMPANY | 850,000 | $9.40 | $7,990,000 | |||||
| N/A | N/A | HICKS ACQUISITION CO I INC | 1,931,220 | $9.29 | $17,941,000 | |||||
| N/A | N/A | HIGHLANDS ACQUISITION CORP | 525,000 | $9.20 | $4,830,000 | |||||
| N/A | N/A | INTER ATLANTIC FINANCIAL INC | 575,000 | $7.52 | $4,324,000 | |||||
| N/A | N/A | KBL HEALTHCARE ACQUIS CORP I | 410,000 | $7.45 | $3,055,000 | |||||
| N/A | N/A | LIBERTY ACQUISITION HLDGS CO | 987,400 | $9.26 | $9,143,000 | |||||
| N/A | N/A | MARATHON ACQUISITION CORP | 2,877,639 | $7.82 | $22,503,000 | |||||
| N/A | N/A | SCHOOL SPECIALTY INC | 180,586 | $29.73 | $5,369,000 | |||||
| N/A | N/A | TM ENTMT & MEDIA INC | 625,000 | $7.31 | $4,569,000 | |||||
| N/A | N/A | TREMISIS ENERGY ACQ CORP II | 325,000 | $7.49 | $2,434,000 | |||||
| N/A | N/A | 2020 CHINACAP ACQUIRCO INC | 307,000 | $7.43 | $2,281,000 | |||||
| N/A | N/A | VICTORY ACQUISITION CORP | 400,000 | $9.52 | $3,808,000 | |||||
| N/A | N/A | OVERTURE ACQUISITION CORP | 74,400 | $9.25 | $688,000 | |||||
| N/A | N/A | SEANERGY MARITIME CORP | 250,000 | $9.77 | $2,443,000 | |||||
| ***** HOLD POSITIONS | ||||||||||
| % pos ch | % val ch | Change | COMPANY | Cur. Pos. | Prev. Pos. | Approx PPS | Prev PPS | Value | Prev Value | |
| 0.00% | -49.89% | ACUSPHERE INC | 2,600,582 | 2,600,582 | $0.35 | $0.70 | $910,000 | $1,816,000 | ||
| 0.00% | -34.74% | ATLAS PIPELINE PARTNERS LP | 1,661,363 | 1,661,363 | $25.49 | $39.06 | $42,348,000 | $64,893,000 | ||
| 0.00% | -28.06% | ATLAS PIPELINE HOLDINGS LP | 477,778 | 477,778 | $24.10 | $33.50 | $11,514,000 | $16,006,000 | ||
| 0.00% | -42.28% | BPW ACQUISITION CORP *W EXP 02/ | 573,900 | 573,900 | $0.30 | $0.52 | $172,000 | $298,000 | ||
| 0.00% | -0.55% | CHINA HLDGS ACQUISITION CORP | 1,050,000 | 1,050,000 | $9.03 | $9.08 | $9,482,000 | $9,534,000 | ||
| 0.00% | -50.00% | COLUMBUS ACQUISITION CORP *W EX | 750,000 | 750,000 | $0.10 | $0.20 | $75,000 | $150,000 | ||
| 0.00% | -15.60% | DOMTAR CORP | 22,364,700 | 22,364,700 | $4.60 | $5.45 | $102,878,000 | $121,888,000 | ||
| 0.00% | -73.33% | ENTERPRISE ACQ CORP *W EXP 11/ | 1,250,000 | 1,250,000 | $0.16 | $0.60 | $200,000 | $750,000 | ||
| 0.00% | -21.78% | ENTERPRISE GP HLDGS L P | 536,910 | 536,910 | $23.53 | $30.08 | $12,633,000 | $16,150,000 | ||
| 0.00% | -1.08% | GHL ACQUISITION CORP | 2,250,000 | 2,250,000 | $9.20 | $9.30 | $20,700,000 | $20,925,000 | ||
| 0.00% | -1.60% | GHL ACQ CORP *W EXP 02/14/201 | 1,250,000 | 1,250,000 | $0.64 | $0.65 | $800,000 | $813,000 | ||
| 0.00% | -71.05% | GLOBAL CONSUMER ACQST CORP*W EX | 2,963,000 | 2,963,000 | $0.22 | $0.76 | $652,000 | $2,252,000 | ||
| 0.00% | -42.62% | KBL HEALTHCARE ACQUIS CORP I *W | 235,000 | 235,000 | $0.15 | $0.26 | $35,000 | $61,000 | ||
| 0.00% | -22.22% | MBF HEALTHCARE ACQUISITION *W E | 243,900 | 243,900 | $0.20 | $0.26 | $49,000 | $63,000 | ||
| 0.00% | -44.44% | MEDIA & ENTMT HOLDINGS INC *W E | 725,000 | 725,000 | $0.20 | $0.36 | $145,000 | $261,000 | ||
| 0.00% | -2.04% | MULTIMEDIA GAMES INC | 2,600,000 | 2,600,000 | $4.33 | $4.42 | $11,258,000 | $11,492,000 | ||
| 0.00% | -28.42% | OMNOVA SOLUTIONS INC | 6,123,645 | 6,123,645 | $1.99 | $2.78 | $12,186,000 | $17,024,000 | ||
| 0.00% | -3.33% | PROSPECT ACQUISITION CORP | 981,630 | 981,630 | $9.00 | $9.31 | $8,835,000 | $9,139,000 | ||
| 0.00% | -43.75% | PROSPECT ACQ CORP *W EXP 11/14 | 2,500,000 | 2,500,000 | $0.18 | $0.32 | $450,000 | $800,000 | ||
| 0.00% | -50.00% | SP ACQ HOLDINGS INC *W EXP 10/ | 1,580,700 | 1,580,700 | $0.30 | $0.60 | $474,000 | $948,000 | ||
| 0.00% | -3.85% | SAPPHIRE INDUSTRIALS CORP | 5,400,000 | 5,400,000 | $8.99 | $9.35 | $48,546,000 | $50,490,000 | ||
| 0.00% | -45.45% | SAPPHIRE INDUSTRIALS CORP *W EX | 6,200,000 | 6,200,000 | $0.30 | $0.55 | $1,860,000 | $3,410,000 | ||
| 0.00% | -59.14% | TM ENTMT & MEDIA INC *W EXP 10 | 525,000 | 525,000 | $0.20 | $0.49 | $105,000 | $257,000 | ||
| 0.00% | 4.97% | THERAVANCE INC | 6,269,891 | 6,269,891 | $12.46 | $11.87 | $78,123,000 | $74,424,000 | ||
| 0.00% | -55.49% | TREMISIS ENERGY ACQ CORP II *W | 325,000 | 325,000 | $0.25 | $0.56 | $81,000 | $182,000 | ||
| 0.00% | -26.32% | OVERTURE ACQ CORP *W EXP 01/30 | 1,000,000 | 1,000,000 | $0.28 | $0.38 | $280,000 | $380,000 | ||
| 0.00% | -13.32% | SYNERON MEDICAL LTD | 3,086,619 | 3,086,619 | $14.25 | $16.44 | $43,984,000 | $50,744,000 | ||
| ***** AUGMENTED POSITIONS | ||||||||||
| % pos ch | % val ch | Change | COMPANY | Cur. Pos. | Prev. Pos. | Approx PPS | Prev PPS | Value | Prev Value | |
| 105.21% | -25.64% | 3,156,400 | ALLIANCE ONE INTL INC | 6,156,400 | 3,000,000 | $3.80 | $5.11 | $23,394,000 | $15,330,000 | |
| 837.96% | -31.30% | 5,528,860 | BREITBURN ENERGY PARTNERS LP | 6,188,660 | 659,800 | $14.86 | $21.63 | $91,964,000 | $14,271,000 | |
| 12.72% | -37.14% | 249,313 | CENTERPLATE INC | 2,209,051 | 1,959,738 | $3.04 | $4.84 | $6,716,000 | $9,479,000 | |
| 28.20% | -55.29% | 637,593 | EXTERRAN HLDGS INC | 2,898,811 | 2,261,218 | $31.96 | $71.49 | $92,646,000 | $161,654,000 | |
| 50.27% | 3.05% | 1,608,726 | LIBERTY MEDIA CORP NEW | 4,808,726 | 3,200,000 | $24.97 | $24.23 | $120,074,000 | $77,536,000 | |
| 140.20% | -38.43% | 5,853,769 | LINN ENERGY LLC | 10,028,989 | 4,175,220 | $15.30 | $24.85 | $153,444,000 | $103,754,000 | |
| 37.03% | -20.28% | 4,555,000 | NEWS CORP | 16,855,000 | 12,300,000 | $11.99 | $15.04 | $202,091,000 | $184,992,000 | |
| 9.67% | 16.68% | 108,357 | VIASAT INC | 1,229,057 | 1,120,700 | $23.58 | $20.21 | $28,981,000 | $22,649,000 | |
| 34.27% | -10.08% | 439,297 | ITURAN LOCATION AND CONTROL | 1,721,066 | 1,281,769 | $10.79 | $12.00 | $18,570,000 | $15,381,000 | |
| ***** REDUCED POSITIONS | ||||||||||
| % pos ch | % val ch | Change | COMPANY | Cur. Pos. | Prev. Pos. | Approx PPS | Prev PPS | Value | Prev Value | |
| -11.87% | -4.59% | -258,114 | AUDIOVOX CORP | 1,916,686 | 2,174,800 | $9.37 | $9.82 | $17,959,000 | $21,357,000 | |
| -68.33% | 9.33% | -3,910,448 | BORDERS GROUP INC | 1,812,252 | 5,722,700 | $6.56 | $6.00 | $11,888,000 | $34,336,000 | |
| -79.11% | -3.53% | -1,661,380 | CAPITOL ACQUISITION CORP DEL | 438,620 | 2,100,000 | $9.00 | $9.33 | $3,948,000 | $19,593,000 | |
| -45.41% | -0.80% | -3,225,320 | HORIZON LINES INC | 3,877,200 | 7,102,520 | $9.87 | $9.95 | $38,268,000 | $70,670,000 | |
| -35.34% | -3.55% | -206,500 | NRDC ACQUISITION CORP | 377,800 | 584,300 | $9.00 | $9.33 | $3,400,000 | $5,452,000 | |
| -6.51% | -12.34% | -964,540 | PDL BIOPHARMA INC | 13,860,460 | 14,825,000 | $9.31 | $10.62 | $129,041,000 | $157,442,000 | |
| -23.11% | 1.57% | -71,569 | PRE PAID LEGAL SVCS INC | 238,153 | 309,722 | $41.26 | $40.62 | $9,826,000 | $12,581,000 | |
| -3.45% | -0.11% | -50,000 | SP ACQUISITION HOLDINGS INC | 1,398,600 | 1,448,600 | $9.29 | $9.30 | $12,993,000 | $13,472,000 | |
| -9.99% | -3.48% | -102,000 | TRIPLECROWN ACQUISITION CORP | 919,500 | 1,021,500 | $8.85 | $9.17 | $8,138,000 | $9,367,000 | |
| -83.07% | -3.28% | -3,874,787 | UNITEDHEALTH GROUP INC | 789,700 | 4,664,487 | $25.39 | $26.25 | $20,050,000 | $122,443,000 | |
| -63.06% | -1.87% | -3,479,298 | WELLPOINT INC | 2,038,400 | 5,517,698 | $46.77 | $47.66 | $95,336,000 | $262,973,000 | |