0001140361-11-042036.txt : 20110815 0001140361-11-042036.hdr.sgml : 20110815 20110815163258 ACCESSION NUMBER: 0001140361-11-042036 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20110630 FILED AS OF DATE: 20110815 DATE AS OF CHANGE: 20110815 EFFECTIVENESS DATE: 20110815 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Partner Fund Management, L.P. CENTRAL INDEX KEY: 0001442756 IRS NUMBER: 262000428 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-13169 FILM NUMBER: 111036878 BUSINESS ADDRESS: STREET 1: FOUR EMBARCADERO CENTER STREET 2: SUITE 3500 CITY: SAN FRANCISCO STATE: CA ZIP: 94111 BUSINESS PHONE: 415-281-1022 MAIL ADDRESS: STREET 1: FOUR EMBARCADERO CENTER STREET 2: SUITE 3500 CITY: SAN FRANCISCO STATE: CA ZIP: 94111 13F-HR 1 form13fhr.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F Form 13F COVER PAGE Report for the Calendar Year or Quarter Ended: 6/30/2011 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: Partner Fund Management, L.P. Address: Four Embarcadero Center Suite 3500 San Francisco, CA 94111 Form 13F File Number: 28-13169 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 submission. Persons Signing this Report on Behalf of Reporting Manager: Name: Darin Sadow Title: Chief Compliance Officer Phone: (415) 281-1000 Signature, Place, and Date of Signing: /s/ Darin Sadow San Francisco, CA 8/15/2011 --------------------------------- --------------------------------- ---------- [Signature] [City, State] [Date] Report Type (Check only one): [X] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.) [ ] 13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).) [ ] 13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).) List of Other Managers Reporting for this Manager: Form 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 Form 13F Information Table Entry Total: 76 Form 13F Information Table Value Total: $ 2,313,638 -------------- (In Thousands) List of Other Included Managers: Provide a numbered list of the name(s) and 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report. NONE

FORM 13F INFORMATION TABLE COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 ---------------------------- -------------- --------- -------- ------------------ ---------- -------- --------------------- VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE ---------------------------- -------------- --------- -------- --------- --- ---- ---------- -------- --------- ------ ---- ABERCROMBIE & FITCH CO COM 002896207 22884 341,958 SH SOLE 341,958 0 0 ACHILLION PHARMACEUTICALS IN COM 00448Q201 1125 151,261 SH SOLE 151,261 0 0 AETNA INC NEW COM 00817Y108 39849 903,805 SH SOLE 903,805 0 0 AGILENT TECHNOLOGIES INC COM 00846U101 52875 1,034,510 SH SOLE 1,034,510 0 0 ALLEGHENY TECHNOLOGIES INC COM 01741R102 15152 238,719 SH SOLE 238,719 0 0 ALLSCRIPTS HEALTHCARE SOLUTN COM 01988P108 23492 1,209,690 SH SOLE 1,209,690 0 0 ALPHA NATURAL RESOURCES INC COM 02076X102 15866 349,160 SH SOLE 349,160 0 0 AMAZON COM INC COM 023135106 28328 138,531 SH SOLE 138,531 0 0 AMERICAN TOWER CORP COM 029912201 64068 1,224,305 SH SOLE 1,224,305 0 0 AMYLIN PHARMACEUTICALS INC COM 032346108 1828 136,800 SH CALL SOLE 136,800 0 0 AMYLIN PHARMACEUTICALS INC CNV 032346AF5 5669 6,224,000 PRN SOLE 6,224,000 0 0 AMYLIN PHARMACEUTICALS INC COM 032346108 30543 2,286,187 SH SOLE 2,286,187 0 0 APPLE INC COM 037833100 159678 475,700 SH CALL SOLE 475,700 0 0 APPLE INC COM 037833100 38847 115,730 SH SOLE 115,730 0 0 BAIDU INC COM 056752108 110081 785,567 SH SOLE 785,567 0 0 BAXTER INTL INC COM 071813109 39835 667,368 SH SOLE 667,368 0 0 CATERPILLAR INC DEL COM 149123101 51430 483,090 SH SOLE 483,090 0 0 CHARLES RIV LABS INTL INC COM 159864107 11189 275,255 SH SOLE 275,255 0 0 CIGNA CORP COM 125509109 3741 72,731 SH SOLE 72,731 0 0 CITIGROUP INC COM 172967424 47818 1,148,356 SH SOLE 1,148,356 0 0 CITRIX SYS INC COM 177376100 31314 391,420 SH SOLE 391,420 0 0 COCA COLA CO COM 191216100 31511 468,271 SH SOLE 468,271 0 0 COMMUNITY HEALTH SYS INC NEW COM 203668108 4421 172,174 SH SOLE 172,174 0 0 COOPER COS INC COM 216648402 7928 100,056 SH SOLE 100,056 0 0 COVIDIEN PLC COM G2554F113 64978 1,220,711 SH SOLE 1,220,711 0 0 CUMMINS INC COM 231021106 115899 1,119,899 SH SOLE 1,119,899 0 0 CVS CAREMARK CORPORATION COM 126650100 72747 1,935,793 SH SOLE 1,935,793 0 0 DAVITA INC COM 23918K108 41425 478,287 SH SOLE 478,287 0 0 DENTSPLY INTL INC NEW COM 249030107 3319 87,166 SH SOLE 87,166 0 0 DICKS SPORTING GOODS INC COM 253393102 31297 813,970 SH SOLE 813,970 0 0 F5 NETWORKS INC COM 315616102 4836 43,861 SH SOLE 43,861 0 0 FOCUS MEDIA HLDG LTD COM 34415V109 16341 525,432 SH SOLE 525,432 0 0 FREEPORT-MCMORAN COPPER & GO COM 35671D857 72366 1,367,980 SH SOLE 1,367,980 0 0 GILEAD SCIENCES INC COM 375558103 50138 1,210,774 SH SOLE 1,210,774 0 0 HALLIBURTON CO COM 406216101 33568 658,194 SH SOLE 658,194 0 0 HCA HOLDINGS INC COM 40412C101 4278 129,646 SH SOLE 129,646 0 0 HEALTH NET INC COM 42222G108 22359 696,748 SH SOLE 696,748 0 0 HEARTWARE INTL INC COM 422368100 977 13,193 SH SOLE 13,193 0 0 INHIBITEX INC COM 45719T103 1425 363,567 SH SOLE 363,567 0 0 INTERMUNE INC COM 45884X103 16527 461,008 SH SOLE 461,008 0 0 ISOFTSTONE HLDGS LTD COM 46489B108 2387 155,882 SH SOLE 155,882 0 0 ITAU UNIBANCO HLDG SA COM 465562106 54050 2,295,120 SH SOLE 2,295,120 0 0 LAS VEGAS SANDS CORP COM 517834107 54138 1,282,567 SH SOLE 1,282,567 0 0 MASTERCARD INC COM 57636Q104 43401 144,023 SH SOLE 144,023 0 0 MEDICIS PHARMACEUTICAL CORP COM 584690309 4560 119,464 SH SOLE 119,464 0 0 MEDIVATION INC COM 58501N101 15359 716,719 SH SOLE 716,719 0 0 MERIT MED SYS INC COM 589889104 3729 207,488 SH SOLE 207,488 0 0 NETFLIX INC COM 64110L106 56684 215,785 SH SOLE 215,785 0 0 PATTERSON COMPANIES INC COM 703395103 4442 135,064 SH SOLE 135,064 0 0 PHARMASSET INC COM 71715N106 17313 154,306 SH SOLE 154,306 0 0 PHILIP MORRIS INTL INC COM 718172109 16227 243,024 SH SOLE 243,024 0 0 QUALCOMM INC COM 747525103 91296 1,607,601 SH SOLE 1,607,601 0 0 RED HAT INC COM 756577102 662 14,414 SH SOLE 14,414 0 0 RESEARCH IN MOTION LTD COM 760975102 35370 1,226,000 SH PUT SOLE 1,226,000 0 0 ROSS STORES INC COM 778296103 39077 487,724 SH SOLE 487,724 0 0 SALESFORCE COM INC COM 79466L302 107939 724,520 SH SOLE 724,520 0 0 SALIX PHARMACEUTICALS INC COM 795435106 6294 158,013 SH SOLE 158,013 0 0 SCHEIN HENRY INC COM 806407102 3316 46,317 SH SOLE 46,317 0 0 SELECT SECTOR SPDR TR COM 81369Y704 72026 1,934,100 SH PUT SOLE 1,934,100 0 0 SELECT SECTOR SPDR TR ETF 81369Y308 11549 369,800 SH SOLE 369,800 0 0

FORM 13F INFORMATION TABLE COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 ---------------------------- -------------- --------- -------- ------------------ ---------- -------- --------------------- VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE ---------------------------- -------------- --------- -------- --------- --- ---- ---------- -------- --------- ------ ---- SIRONA DENTAL SYSTEMS INC COM 82966C103 7969 150,068 SH SOLE 150,068 0 0 THERMO FISHER SCIENTIFIC INC COM 883556102 51712 803,106 SH SOLE 803,106 0 0 THORATEC CORP COM 885175307 2226 67,811 SH SOLE 67,811 0 0 TORNIER N V COM N87237108 1811 67,217 SH SOLE 67,217 0 0 TRINA SOLAR LIMITED COM 89628E104 2416 107,780 SH SOLE 107,780 0 0 UNDER ARMOUR INC COM 904311107 17715 229,141 SH SOLE 229,141 0 0 UNITED STATES STL CORP NEW COM 912909108 15486 336,355 SH SOLE 336,355 0 0 UNITED THERAPEUTICS CORP DEL COM 91307C102 5937 107,754 SH SOLE 107,754 0 0 UNIVERSAL HLTH SVCS INC COM 913903100 4361 84,629 SH SOLE 84,629 0 0 VIROPHARMA INC COM 928241108 5491 296,792 SH SOLE 296,792 0 0 VISA INC COM 92826C839 9269 110,000 SH CALL SOLE 110,000 0 0 VISA INC COM 92826C839 29383 348,723 SH SOLE 348,723 0 0 VMWARE INC COM 928563402 37519 374,329 SH SOLE 374,329 0 0 WATERS CORP COM 941848103 5123 53,513 SH SOLE 53,513 0 0 WYNDHAM WORLDWIDE CORP COM 98310W108 84482 2,510,607 SH SOLE 2,510,607 0 0 YOUKU COM INC COM 98742U100 967 28,162 SH SOLE 28,162 0 0