UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 13F
Form 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: September 30, 2008
Check here if Amendment [ ]; Amendment Number:
This Amendment (Check only one.): [ ] is a restatement.
[ ] adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: GLG Partners, Inc.
Address: 390 Park Avenue, 20th Floor
New York, NY 10022
13F File Number: 028-13068
The institutional investment manager filing this report and the person by whom
it is signed hereby represent that the person signing the report is authorized
to submit it, that all information contained herein is true, correct and
complete, and that it is understood that all required items, statements,
schedules, lists, and tables, are considered integral parts of this form.
Person Signing this Report on Behalf of Reporting Manager:
Name: Alejandro San Miguel
Title: General Counsel and Corporate Secretary
Phone: 212-224-7200
Signature, Place, and Date of Signing:
/s/ Alejandro San Miguel New York, NY November 14, 2008
* GLG INC. ACTS AS A SUB-ADVISOR TO GLG PARTNERS LP IN RESPECT OF CERTAIN
SECURITIES LISTED IN THE INFORMATION TABLE.
Report Type (Check only one.):
[ X] 13F HOLDINGS REPORT.
[ ] 13F NOTICE.
[ ] 13F COMBINATION REPORT.
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 2
Form13F Information Table Entry Total: 292
Form13F Information Table Value Total: $2,220,136 (thousands)
List of Other Included Managers:
Provide a numbered list of the name(s) and Form 13F file number(s) of all
institutional managers with respect to which this report is filed, other
than the manager filing this report.
No. 13F File Number Name
01 28-10979 GLG Partners LP
02 28-13070 GLG Inc.
FORM 13F INFORMATION TABLE
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
ACACIA RESH CORP ACACIA TCH COM 003881307 424 140329 SH Defined 01 140329 0 0
ADTRAN INC COM 00738A106 3801 195000 SH Defined 01 195000 0 0
AES CORP COM 00130H105 6223 532312 SH Defined 01 532312 0 0
AFFORDABLE RESIDENTIAL CMNTY NOTE 7.500% 8/1 00828UAB9 14138 14500000 PRN Defined 01 14500000 0 0
AGNICO EAGLE MINES LTD COM 008474108 523 9500 SH Defined 01 9500 0 0
AGRIUM INC COM 008916108 390 6950 SH Defined 01 6950 0 0
AK STL HLDG CORP COM 001547108 586 22600 SH Defined 01 22600 0 0
AK STL HLDG CORP COM 001547108 2592 100000 SH CALL Defined 01 100000 0 0
AKEENA SOLAR INC DE COM 009720103 168 44311 SH Defined 01 44311 0 0
ALCOA INC COM 013817101 950 42077 SH Defined 01 42077 0 0
ALCOA INC COM 013817101 37584 1664500 SH CALL Defined 01 1664500 0 0
ALCON INC COM SHS H01301102 64976 380000 SH Defined 01 380000 0 0
ALESCO FINL INC NOTE 7.625% 5/1 014485AB2 2650 5000000 PRN Defined 01 5000000 0 0
ALLEGHENY ENERGY INC COM 017361106 1155 31400 SH Defined 01 31400 0 0
ALLERGAN INC NOTE 1.500% 4/0 018490AL6 9191 9000000 PRN Defined 01 9000000 0 0
ALPHA NATURAL RESOURCES INC COM 02076X102 1224 23800 SH Defined 01 23800 0 0
ALPHARMA INC CL A 020813101 4611 125000 SH Defined 01 125000 0 0
ALTRIA GROUP INC COM 02209S103 2383 120100 SH Defined 01 120100 0 0
AMAZON COM INC COM 023135106 1362 18717 SH Defined 01 18717 0 0
AMDOCS LTD ORD G02602103 1643 60000 SH Defined 01 60000 0 0
AMDOCS LTD ORD G02602103 3149 115000 SH CALL Defined 01 115000 0 0
AMERICREDIT CORP COM 03060R101 1196 118100 SH PUT Defined 01 118100 0 0
AMERICREDIT CORP NOTE 2.125% 9/1 03060RAR2 5475 10000000 PRN Defined 01 10000000 0 0
AMGEN INC NOTE 0.375% 2/0 031162AQ3 12635 14000000 PRN Defined 01 14000000 0 0
AMR CORP NOTE 4.500% 2/1 001765BB1 7724 8500000 PRN Defined 01 8500000 0 0
ANADARKO PETE CORP COM 032511107 2426 50000 SH Defined 01 50000 0 0
ANGLOGOLD ASHANTI LTD DR 35128206 513 22200 SH Defined 01 22200 0 0
ANHEUSER BUSCH COS INC COM 035229103 32440 500000 SH Defined 01 500000 0 0
APEX SILVER MINES LTD NOTE 4.000% 9/1 03760XAD3 677 2500000 PRN Defined 01 2500000 0 0
APEX SILVER MINES LTD NOTE 2.875% 3/1 03760XAB7 1940 6500000 PRN Defined 01 6500000 0 0
AQUA AMERICA INC COM 03836W103 232 13053 SH Defined 01 13053 0 0
ARCH COAL INC COM 039380100 1612 49000 SH Defined 01 49000 0 0
ARCHER DANIELS MIDLAND CO UNIT 99/99/9999 039483201 10650 355000 SH Defined 01 355000 0 0
ARVINMERITOR INC NOTE 4.625% 3/0 043353AF8 8175 10000000 PRN Defined 01 10000000 0 0
ASM INTL NV NOTE 5.250% 5/1 00207DAE2 17796 18198000 PRN Defined 01 18198000 0 0
ATHEROGENICS INC NOTE 1.500% 2/0 047439AD6 240 2000000 PRN Defined 01 2000000 0 0
AVIS BUDGET GROUP COM 053774105 9098 320000 SH Defined 01 320000 0 0
BANK OF AMERICA CORPORATION COM 060505104 767 21924 SH PUT Defined 01 21924 0 0
BARR PHARMACEUTICALS INC COM 068306109 26120 400000 SH Defined 01 400000 0 0
BARRICK GOLD CORP COM 067901108 12422 338111 SH Defined 01 338111 0 0
BARRICK GOLD CORP COM 067901108 7348 200000 SH CALL Defined 01 200000 0 0
BEST BUY INC COM 086516101 633 16888 SH Defined 01 16888 0 0
BEST BUY INC SDCV 2.250% 1/1 086516AF8 12480 13000000 PRN Defined 01 13000000 0 0
BIOGEN IDEC INC COM 09062X103 1141 20000 SH Defined 01 20000 0 0
BIOMIMETIC THERAPEUTICS INC COM 09064X101 15628 1413006 SH Defined 01 1413006 0 0
BJS WHOLESALE CLUB INC COM 05548J106 579 14911 SH Defined 01 14911 0 0
BLACKSTONE GROUP L P COM UNIT LTD 09253U108 357 23296 SH Defined 01 23296 0 0
BOSTON PPTYS LTD PARTNERSHIP NOTE 2.875% 2/1 10112RAK0 21284 24500000 PRN Defined 01 24500000 0 0
BOSTON PRIVATE FINL HLDGS IN NOTE 3.000% 7/1 101119AB1 463 500000 PRN Defined 01 500000 0 0
BPZ RESOURCES INC COM 055639108 4201 244232 SH Defined 01 244232 0 0
BRISTOL MYERS SQUIBB CO COM 110122108 742 35600 SH Defined 01 35600 0 0
CADENCE PHARMACEUTICALS INC COM 12738T100 577 65000 SH Defined 01 65000 0 0
CATERPILLAR INC DEL COM 149123101 583 9774 SH Defined 01 9774 0 0
CHENIERE ENERGY INC COM NEW 16411R208 147 58440 SH Defined 01 58440 0 0
CHENIERE ENERGY INC NOTE 2.250% 8/0 16411RAE9 1938 10000000 PRN Defined 01 10000000 0 0
CHESAPEAKE ENERGY CORP COM 165167107 7889 220000 SH Defined 01 220000 0 0
CHINA MED TECHNOLOGIES INC NOTE 3.500%11/1 169483AB0 12134 10000000 PRN Defined 01 10000000 0 0
CITIGROUP INC COM 172967101 1569 76500 SH PUT Defined 01 76500 0 0
CLECO CORP NEW COM 12561W105 1023 40500 SH Defined 01 40500 0 0
CMS ENERGY CORP COM 125896100 2888 231577 SH Defined 01 231577 0 0
CNOOC LTD SPONSORED ADR 126132109 1359 11870 SH Defined 01 11870 0 0
COCA COLA CO COM 191216100 8292 156800 SH Defined 01 156800 0 0
COEUR D ALENE MINES CORP IDA NOTE 1.250% 1/1 192108AQ1 3575 5000000 PRN Defined 01 5000000 0 0
COEUR D ALENE MINES CORP IDA COM 192108108 942 616000 SH Defined 01 616000 0 0
COEUR D ALENE MINES CORP IDA NOTE 3.250% 3/1 192108AR9 1278 2000000 PRN Defined 01 2000000 0 0
COLGATE PALMOLIVE CO COM 194162103 6521 86545 SH Defined 01 86545 0 0
COMPANHIA DE BEBIDAS DAS AME SPON ADR PFD 20441W203 3059 56023 SH Defined 01 56023 0 0
COMPANHIA VALE DO RIO DOCE SPON ADR PFD 204412100 336 18960 SH Defined 01 18960 0 0
COMVERGE INC COM 205859101 1150 250000 SH Defined 01 250000 0 0
CONSOL ENERGY INC COM 20854P109 25054 545965 SH Defined 01 545965 0 0
CONSTELLATION ENERGY GROUP I COM 210371100 7347 302340 SH Defined 01 302340 0 0
CSG SYS INTL INC COM 126349109 1139 65000 SH PUT Defined 01 65000 0 0
CSG SYS INTL INC NOTE 2.500% 6/1 126349AB5 2742 3000000 PRN Defined 01 3000000 0 0
CSX CORP COM 126408103 29812 546301 SH Defined 01 546301 0 0
CURAGEN CORP COM 23126R101 560 132000 SH Defined 01 132000 0 0
CVS CAREMARK CORPORATION COM 126650100 1754 52100 SH Defined 01 52100 0 0
DELL INC COM 24702R101 12608 765049 SH Defined 01 765049 0 0
DELTA PETE CORP NOTE 3.750% 5/0 247907AD0 2430 3000000 PRN Defined 01 3000000 0 0
DEVELOPERS DIVERSIFIED RLTY NOTE 3.000% 3/1 251591AS2 3706 5000000 PRN Defined 01 5000000 0 0
DISCOVERY HOLDING CO CL A COM 25468Y107 245 17200 SH Defined 01 17200 0 0
DISH NETWORK CORP CL A 25470M109 1050 50000 SH Defined 01 50000 0 0
DISNEY WALT CO COM DISNEY 254687106 601 19567 SH Defined 01 19567 0 0
DOLAN MEDIA CO COM 25659P402 678 67200 SH Defined 01 67200 0 0
DRS TECHNOLOGIES INC COM 23330X100 34538 450000 SH Defined 01 450000 0 0
DUKE ENERGY CORP NEW COM 26441C105 1677 96200 SH Defined 01 96200 0 0
E M C CORP MASS NOTE 1.750%12/0 268648AK8 11060 11200000 PRN Defined 01 11200000 0 0
EDGE PETE CORP DEL PFD CONV A 279862205 925 50000 SH Defined 01 50000 0 0
ELIXIR GAMING TECHNOLOGIES I COM 28661G105 536 1625000 SH Defined 01 1625000 0 0
ENDEAVOR INTL CORP INC NOTE 6.000% 1/1 29257MAB6 3140 4000000 PRN Defined 01 4000000 0 0
ENERSIS S A SPONSORED ADR 29274F104 286 17499 SH Defined 01 17499 0 0
ENZON PHARMACEUTICALS INC NOTE 4.000% 6/0 293904AE8 9521 10000000 PRN Defined 01 10000000 0 0
EOG RES INC COM 26875P101 4473 50000 SH Defined 01 50000 0 0
EQUINIX INC COM NEW 29444U502 3473 50000 SH Defined 01 50000 0 0
ERP OPER LTD PARTNERSHIP NOTE 3.850% 8/1 26884AAV5 22531 25000000 PRN Defined 01 25000000 0 0
EXXON MOBIL CORP COM 30231G102 1907 24558 SH Defined 01 24558 0 0
FASTENAL CO COM 311900104 494 10000 SH Defined 01 10000 0 0
FGX INTERNATIONAL HLDGS LTD ORD SHS G3396L102 1369 123700 SH Defined 01 123700 0 0
FIFTH THIRD BANCORP CNV PFD DEP1/250 316773209 5438 50000 SH Defined 01 50000 0 0
FIRST SOLAR INC COM 336433107 1750 336500 SH PUT Defined 01 336500 0 0
FIRST SOLAR INC COM 336433107 437 2314 SH Defined 01 2314 0 0
FORD MTR CO DEL NOTE 4.250%12/1 345370CF5 19800 30000000 PRN Defined 01 30000000 0 0
FORTRESS INVESTMENT GROUP LL CL A 34958B106 123 11700 SH Defined 01 11700 0 0
FREEPORT-MCMORAN COPPER & GO COM 35671D857 1495 26300 SH Defined 01 26300 0 0
FREEPORT-MCMORAN COPPER & GO PFD CONV 35671D782 6211 73500 SH Defined 01 73500 0 0
FRESENIUS KABI PHARMACEUTHLD RIGHT 99/99/9999 35802M115 260 400000 SH Defined 01 400000 0 0
GENENTECH INC COM NEW 368710406 21425 241600 SH Defined 01 241600 0 0
GENERAL GROWTH PPTYS INC COM 370021107 755 50000 SH Defined 01 50000 0 0
GENERAL MLS INC COM 370334104 3017 43343 SH Defined 01 43343 0 0
GENERAL MTRS CORP DEB SR CV C 33 370442717 6563 750000 SH Defined 01 750000 0 0
GILEAD SCIENCES INC NOTE 0.500% 5/0 375558AG8 3709 3000000 PRN Defined 01 3000000 0 0
GLG PARTNERS INC UNIT 12/28/2011 37929X206 590 98300 SH Defined 01 98300 0 0
GLOBAL CROSSING LTD NOTE 5.000% 5/1 37932JAA1 9030 10000000 PRN Defined 01 10000000 0 0
GOLD FIELDS LTD NEW SPONSORED ADR 38059T106 496 51700 SH Defined 01 51700 0 0
GOLDCORP INC NEW COM 380956409 7451 235581 SH Defined 01 235581 0 0
GOLDEN POND HEALTHCARE INC UNIT 99/99/9999 38116J208 3416 450000 SH Defined 01 450000 0 0
GOLDMAN SACHS GROUP INC COM 38141G104 10813 84480 SH Defined 01 84480 0 0
GOOGLE INC CL A 38259P508 120156 300000 SH PUT Defined 01 300000 0 0
GRANAHAN MCCOURT ACQ CORP *W EXP 10/18/201 385034111 138 724000 SH Defined 01 724000 0 0
GREY WOLF INC FRNT 4/0 397888AF5 9720 8000000 PRN Defined 01 8000000 0 0
GRUPO TELEVISA SA DE CV SP ADR REP ORD 40049J206 1013 46300 SH Defined 01 46300 0 0
HANSEN NAT CORP COM 411310105 3141 103847 SH Defined 01 103847 0 0
HARMONY GOLD MNG LTD SPONSORED ADR 413216300 97 10000 SH Defined 01 10000 0 0
HARMONY GOLD MNG LTD SPONSORED ADR 413216300 34561 3570400 SH PUT Defined 01 3570400 0 0
HECKMANN CORP *W EXP 11/09/201 422680116 2095 1000000 SH Defined 01 1000000 0 0
HERCULES INC COM 427056106 11874 600000 SH Defined 01 600000 0 0
HUNTSMAN CORP COM 447011107 16380 1300000 SH Defined 01 1300000 0 0
IAMGOLD CORP COM 450913108 5713 1016487 SH Defined 01 1016487 0 0
IDEARC INC COM 451663108 938 750000 SH Defined 01 750000 0 0
IMCLONE SYS INC COM 45245W109 15610 250000 SH Defined 01 250000 0 0
INCYTE CORP COM 45337C102 1239 162000 SH Defined 01 162000 0 0
INCYTE CORP COM 45337C102 5891 770000 SH CALL Defined 01 770000 0 0
INTEL CORP COM 458140100 4016 214400 SH Defined 01 214400 0 0
INTEL CORP COM 458140100 11238 600000 SH CALL Defined 01 600000 0 0
INTEL CORP SDCV 2.950%12/1 458140AD2 4806 5500000 PRN Defined 01 5500000 0 0
INTERNATIONAL COAL GRP INC N NOTE 9.000% 8/0 45928HAD8 6424 5500000 PRN Defined 01 5500000 0 0
ISHARES INC MSCI JAPAN 464286848 441 41323 SH Defined 01 41323 0 0
ISHARES INC MSCI S KOREA 464286772 343 8625 SH Defined 01 8625 0 0
ISHARES SILVER TRUST ISHARES 46428Q109 1309 110500 SH Defined 01 110500 0 0
ISHARES TR FTSE XNHUA IDX 464287184 2561 74290 SH Defined 01 74290 0 0
JA SOLAR HOLDINGS CO LTD NOTE 4.500% 5/1 466090AA5 5216 8000000 PRN Defined 01 8000000 0 0
JA SOLAR HOLDINGS CO LTD SPON ADR 466090107 1046 99200 SH Defined 01 99200 0 0
JETBLUE AIRWAYS CORP DBCV 5.500%10/1 477143AE1 6342 5000000 PRN Defined 01 5000000 0 0
JPMORGAN & CHASE & CO COM 46625H100 4824 103300 SH Defined 01 103300 0 0
JUNIPER NETWORKS INC COM 48203R104 13696 650000 SH PUT Defined 01 650000 0 0
KINETIC CONCEPTS INC COM NEW 49460W208 3042 106400 SH Defined 01 106400 0 0
KINROSS GOLD CORP NOTE 1.750% 3/1 496902AB3 7553 9500000 PRN Defined 01 9500000 0 0
KINROSS GOLD CORP COM NO PAR 496902404 692 42900 SH Defined 01 42900 0 0
KROGER CO COM 501044101 687 25000 SH Defined 01 25000 0 0
LDK SOLAR CO LTD SPONSORED ADR 50183L107 264 8800 SH Defined 01 8800 0 0
LEHMAN BROS HLDGS INC 7.25%CONV SR P 52523J453 32 10375 SH Defined 01 10375 0 0
LIBERTY ACQUISITION HLDGS CO UNIT 99/99/9999 53015Y206 30553 3432951 SH Defined 01 3432951 0 0
LIBERTY MEDIA CORP DEB 3.500% 1/1 530715AN1 10266 27000000 PRN Defined 01 27000000 0 0
LONGS DRUG STORES CORP COM 543162101 11346 150000 SH Defined 01 150000 0 0
LORILLARD INC COM 544147101 3931 55249 SH Defined 01 55249 0 0
MAGNA ENTMT CORP NOTE 8.550% 6/1 559211AD9 32619 59388000 PRN Defined 01 59388000 0 0
MASSEY ENERGY CORP COM 576206106 1316 36900 SH Defined 01 36900 0 0
MATTEL INC COM 577081102 1082 60000 SH Defined 01 60000 0 0
MEDTRONIC INC NOTE 1.500% 4/1 585055AL0 38250 38250000 PRN Defined 01 38250000 0 0
METROPCS COMMUNICATIONS INC COM 591708102 1399 100000 SH Defined 01 100000 0 0
MICROSOFT CORP COM 594918104 731 27400 SH Defined 01 27400 0 0
MICROVISION INC DEL COM 594960106 488 156000 SH Defined 01 156000 0 0
MILLIPORE CORP NOTE 3.750% 6/0 601073AD1 6659 7000000 PRN Defined 01 7000000 0 0
MINDRAY MEDICAL INTL LTD SPON ADR 602675100 466 13813 SH Defined 01 13813 0 0
MOBILE TELESYSTEMS OJSC SPONSORED ADR 607409109 11998 214206 SH Defined 01 214206 0 0
MOLSON COORS BREWING CO CL B 60871R209 5697 121859 SH Defined 01 121859 0 0
MORGAN STANLEY COM NEW 617446448 31725 1379369 SH Defined 01 1379369 0 0
MOSAIC CO COM 61945A107 1680 24703 SH Defined 01 24703 0 0
MSCI INC CL A 55354G100 970 40400 SH Defined 01 40400 0 0
MYLAN INC PFD CONV 628530206 6064 7750 SH Defined 01 7750 0 0
NABORS INDS INC NOTE 0.940% 5/1 629568AP1 24259 26750000 PRN Defined 01 26750000 0 0
NATIONAL CITY CORP COM 635405103 569 325000 SH Defined 01 325000 0 0
NATIONAL CITY CORP NOTE 4.000% 2/0 635405AW3 6175 13000000 PRN Defined 01 13000000 0 0
NATIONAL FINL PARTNERS CORP NOTE 0.750% 2/0 63607PAA7 1581 2500000 PRN Defined 01 2500000 0 0
NATIONAL SEMICONDUCTOR CORP COM 637640103 327 18994 SH Defined 01 18994 0 0
NATIONWIDE FINL SVCS INC CL A 638612101 30831 625000 SH Defined 01 625000 0 0
NEWMONT MINING CORP COM 651639106 10818 279115 SH Defined 01 279115 0 0
NEWMONT MINING CORP COM 651639106 39148 1010000 SH CALL Defined 01 1010000 0 0
NEWMONT MINING CORP NOTE 1.250% 7/1 651639AJ5 7193 7000000 PRN Defined 01 7000000 0 0
NII HLDGS INC NOTE 3.125% 6/1 62913FAJ1 8940 12000000 PRN Defined 01 12000000 0 0
NORTHEAST UTILS COM 664397106 244 9500 SH Defined 01 9500 0 0
NOVA BIOSOURCE FUELS INC COM 65488W103 1225 3500000 PRN Defined 01 3500000 0 0
NPS PHARMACEUTICALS INC COM 62936P103 19109 2676297 SH Defined 01 2676297 0 0
O REILLY AUTOMOTIVE INC COM 686091109 1093 40823 SH Defined 01 40823 0 0
ODYSSEY MARINE EXPLORATION I COM 676118102 9344 2058100 SH Defined 01 2058100 0 0
ODYSSEY MARINE EXPLORATION I COM 676118102 4540 1000000 SH Defined 01 1000000 0 0
OMNICARE INC DBCV 3.250%12/1 681904AL2 6258 9500000 PRN Defined 01 9500000 0 0
OMNICOM GROUP INC NOTE 2/0 681919AK2 3895 4000000 PRN Defined 01 4000000 0 0
ORACLE CORP COM 68389X105 4392 216259 SH Defined 01 216259 0 0
OSCIENT PHARMACEUTICALS CORP NOTE 3.500% 4/1 68812RAC9 1913 9000000 PRN Defined 01 9000000 0 0
PAN AMERICAN SILVER CORP COM 697900108 1223 55000 SH Defined 01 55000 0 0
PEABODY ENERGY CORP COM 704549104 1800 40000 SH Defined 01 40000 0 0
PENN VA CORP NOTE 4.500%11/1 707882AA4 2850 2500000 PRN Defined 01 2500000 0 0
PEPSI BOTTLING GROUP INC COM 713409100 729 25000 SH Defined 01 25000 0 0
PEPSICO INC COM 713448108 506 7100 SH Defined 01 7100 0 0
PETROHAWK ENERGY CORP COM 716495106 1666 77000 SH Defined 01 77000 0 0
PFIZER INC COM 717081103 2257 122400 SH Defined 01 122400 0 0
PHILADELPHIA CONS HLDG CORP COM 717528103 19035 325000 SH Defined 01 325000 0 0
PIONEER NAT RES CO COM 723787107 2168 40000 SH Defined 01 40000 0 0
POTASH CORP SASK INC COM 73755L107 7553 57216 SH Defined 01 57216 0 0
PRICE T ROWE GROUP INC COM 74144T108 548 10200 SH Defined 01 10200 0 0
PROCTER & GAMBLE CO COM 742718109 2309 33137 SH Defined 01 33137 0 0
PROLOGIS NOTE 1.875%11/1 743410AR3 15158 21500000 PRN Defined 01 21500000 0 0
PROLOGIS NOTE 2.250% 4/0 743410AQ5 11475 15000000 PRN Defined 01 15000000 0 0
PROSHARES TR REAL EST PRO 74347R552 11549 150000 SH PUT Defined 01 150000 0 0
PROSHARES TR REAL EST PRO 74347R552 9624 125000 SH Defined 01 125000 0 0
PROSHARES TR ULTRA FINL PRO 74347R743 4385 250000 SH Defined 01 250000 0 0
QIMONDA AG SPONSORED ADR 746904101 680 666295 SH Defined 01 666295 0 0
QUALCOMM INC COM 747525103 816 19000 SH Defined 01 19000 0 0
QUANTA SVCS INC SDCV 4.500%10/0 74762EAC6 878 32500 SH Defined 01 32500 0 0
QUICKSILVER RESOURCES INC COM 74837R104 2945 150000 SH Defined 01 150000 0 0
RENESOLA LTD SPONS ADS 75971T103 1522 145065 SH Defined 01 145065 0 0
RF MICRODEVICES INC NOTE 1.000% 4/1 749941AJ9 2401 4000000 PRN Defined 01 4000000 0 0
ROHM & HAAS CO COM 775371107 14000 200000 SH Defined 01 200000 0 0
SANDISK CORP NOTE 1.000% 5/1 80004CAC5 1953 2500000 PRN Defined 01 2500000 0 0
SCHLUMBERGER LTD COM 806857108 789 10100 SH Defined 01 10100 0 0
SCHLUMBERGER LTD DBCV 2.125% 6/0 806857AD0 9796 5000000 PRN Defined 01 5000000 0 0
SELECT SECTOR SPDR TR SBI INT-FINL 81369Y605 29835 1500000 SH CALL Defined 01 1500000 0 0
SELECT SECTOR SPDR TR SBI INT-FINL 81369Y605 15978 803300 SH Defined 01 803300 0 0
SELECT SECTOR SPDR TR SBI INT-UTILS 81369Y886 4864 146371 SH Defined 01 146371 0 0
SELECT SECTOR SPDR TR SBI INT-ENERGY 81369Y506 3165 50000 SH Defined 01 50000 0 0
SEPRACOR INC NOTE 10/1 817315AW4 21080 23250000 PRN Defined 01 23250000 0 0
SESI L L C NOTE 1.500%12/1 78412FAH7 6407 7250000 PRN Defined 01 7250000 0 0
SIERRA PAC RES NEW COM 826428104 719 75000 SH Defined 01 75000 0 0
SILVER STD RES INC COM 82823L106 1000 60500 SH Defined 01 60500 0 0
SILVER WHEATON CORP COM 828336107 1067 130900 SH Defined 01 130900 0 0
SINCLAIR BROADCAST GROUP INC NOTE 3.000% 5/1 829226AW9 16031 18750000 PRN Defined 01 18750000 0 0
SMITH INTL INC COM 832110100 839 14300 SH Defined 01 14300 0 0
SOLARFUN POWER HOLDINGS CO L SPONSORED ADR 83415U108 1143 108500 SH Defined 01 108500 0 0
SOUTHERN CO COM 842587107 501 13283 SH Defined 01 13283 0 0
SOUTHWESTERN ENERGY CO COM 845467109 3143 102900 SH Defined 01 102900 0 0
SPDR SERIES TRUST S&P METALS MNG 78464A755 4697 100000 SH CALL Defined 01 100000 0 0
SPDR SERIES TRUST S&P RETAIL ETF 78464A714 987 32100 SH Defined 01 32100 0 0
SPDR SERIES TRUST S&P RETAIL ETF 78464A714 3075 100000 SH PUT Defined 01 100000 0 0
SPDR TR UNIT SER 1 78462F103 104912 904489 SH Defined 01 904489 0 0
SPDR TR UNIT SER 1 78462F103 75394 650000 SH PUT Defined 01 650000 0 0
SPRINT NEXTEL CORP COM SER 1 852061100 971 159100 SH Defined 01 159100 0 0
ST JUDE MED INC COM 790849103 1884 40280 SH Defined 01 40280 0 0
STAGE STORES INC COM NEW 85254C305 761 55700 SH Defined 01 55700 0 0
STAPLES INC COM 855030102 5625 250000 SH Defined 01 250000 0 0
STEWART ENTERPRISES INC NOTE 3.125% 7/1 860370AH8 2435 2500000 PRN Defined 01 2500000 0 0
STONELEIGH PARTNERS ACQUS CO *W EXP 05/31/201 861923126 157 1120000 SH Defined 01 1120000 0 0
STONELEIGH PARTNERS ACQUS CO COM 861923100 7955 1053700 SH Defined 01 1053700 0 0
STREAM GLOBAL SVCS INC *W EXP 10/17/201 86323M118 40 300000 SH Defined 01 300000 0 0
SUNPOWER CORP DBCV 0.750% 8/0 867652AB5 8074 7500000 PRN Defined 01 7500000 0 0
SUNTECH PWR HLDGS CO LTD NOTE 3.000% 3/1 86800CAE4 5174 5000000 PRN Defined 01 5000000 0 0
SYMANTEC CORP NOTE 0.750% 6/1 871503AD0 13320 12000000 PRN Defined 01 12000000 0 0
TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADR 874039100 1124 120000 SH Defined 01 120000 0 0
TERRA INDS INC COM 880915103 332 11300 SH Defined 01 11300 0 0
TEVA PHARMACEUTICAL INDS LTD ADR 881624209 15111 330000 SH CALL Defined 01 330000 0 0
TIME WARNER INC COM 887317105 3278 250000 SH Defined 01 250000 0 0
TITAN INTL INC ILL COM 88830M102 757 35525 SH Defined 01 35525 0 0
TM ENTMT & MEDIA INC *W EXP 10/17/201 87260T116 98 425000 SH Defined 01 425000 0 0
TM ENTMT & MEDIA INC COM 87260T108 3069 425000 SH Defined 01 425000 0 0
TRANSOCEAN SEDCO FOREX INC NOTE 1.625%12/1 893830AU3 44059 46500000 PRN Defined 01 46500000 0 0
TREX INC NOTE 6.000% 7/0 89531PAA3 2334 2500000 PRN Defined 01 2500000 0 0
TRIAN ACQUISITION I CORP UNIT 99/99/9999 89582E207 19545 2136100 SH Defined 01 2136100 0 0
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