0001056973-12-000002.txt : 20120213 0001056973-12-000002.hdr.sgml : 20120213 20120213155645 ACCESSION NUMBER: 0001056973-12-000002 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20111231 FILED AS OF DATE: 20120213 DATE AS OF CHANGE: 20120213 EFFECTIVENESS DATE: 20120213 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CARLSON CAPITAL L P CENTRAL INDEX KEY: 0001056973 IRS NUMBER: 752494317 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-07044 FILM NUMBER: 12599000 BUSINESS ADDRESS: STREET 1: 2100 MCKINNEY AVE STREET 2: STE 1800 CITY: DALLAS STATE: TX ZIP: 75201 BUSINESS PHONE: 2149329600 MAIL ADDRESS: STREET 1: 2100 MCKINNEY AVE STREET 2: STE 1800 CITY: DALLAS STATE: TX ZIP: 75201 13F-HR 1 f13hr4q11.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: December 31, 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: Carlson Capital, L.P. Address: 2100 McKinney Avenue Suite 1800 Dallas, TX 75201 13F File Number: 28-99999 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. Person Signing this Report on Behalf of Reporting Manager: Name: Lynne Alpar Title: Chief Financial Officer Phone: 214-932-9600 Signature, Place, and Date of Signing: Lynne Alpar Dallas, TX February 7, 2012 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: 0 Form 13F Information Table Entry Total: 444 Form 13F Information Table Value Total: $6,878,289 (thousands) List of Other Included Managers: Provide a numbered list of the name(s) and Form 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 VALUE SHRS OR SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (X$1000) PRN AMT PRN CALL DISCRTN MANAGERS SOLE SHARED NONE ABOVENET INC COM 00374N107 10377 159625 SH SOLE 159625 0 0 ACCO BRANDS CORP COM 00081T108 4100 424900 SH SOLE 424900 0 0 ACE LTD SHS H0023R105 1129 16100 SH SOLE 16100 0 0 AGCO CORP COM 001084102 627 14600 SH SOLE 14600 0 0 AIR PRODS & CHEMS INC COM 009158106 3114 36549 SH SOLE 36549 0 0 AIRCASTLE LTD COM G0129K104 377 29600 SH SOLE 29600 0 0 AK STL HLDG CORP COM 001547108 7674 929000 SH SOLE 929000 0 0 ALCOA INC COM 013817101 40914 4729900 SH SOLE 4729900 0 0 ALERE INC COM 01449J105 441 19100 SH SOLE 19100 0 0 ALLEGHENY TECHNOLOGIES INC COM 01741R102 12457 260600 SH SOLE 260600 0 0 ALLIED NEVADA GOLD CORP COM 019344100 288 9500 SH SOLE 9500 0 0 ALLSTATE CORP COM 020002101 49025 1788583 SH SOLE 1788583 0 0 ALNYLAM PHARMACEUTICALS INC COM 02043Q107 131 16100 SH SOLE 16100 0 0 ALPHA NATURAL RESOURCES INC COM 02076X102 8838 432600 SH SOLE 432600 0 0 ALTERA CORP COM 021441100 15903 428645 SH SOLE 428645 0 0 AMCOL INTL CORP COM 02341W103 435 16200 SH SOLE 16200 0 0 AMERICAN CAPITAL AGENCY CORP COM 02503X105 28274 1006900 SH SOLE 1006900 0 0 AMERICAN EXPRESS CO COM 025816109 1019 21600 SH SOLE 21600 0 0 AMGEN INC NOTE 0.375% 2/0 031162AQ3 20111 20000000 PRN SOLE 20000000 0 0 AMPHENOL CORP NEW CL A 032095101 740 16300 SH SOLE 16300 0 0 ANADARKO PETE CORP COM 032511107 66140 866500 SH SOLE 866500 0 0 ANALOG DEVICES INC COM 032654105 3274 91500 SH SOLE 91500 0 0 ANDERSONS INC COM 034164103 375 8600 SH SOLE 8600 0 0 ANNALY CAP MGMT INC COM 035710409 9495 594950 SH SOLE 594950 0 0 AON CORP COM 037389103 33409 713862 SH SOLE 713862 0 0 APARTMENT INVT & MGMT CO CL A 03748R101 70401 3072920 SH SOLE 3072920 0 0 APPLE INC COM 037833100 18792 46400 SH SOLE 46400 0 0 APPLIED MATLS INC COM 038222105 18991 1773188 SH SOLE 1773188 0 0 APPLIED MICRO CIRCUITS CORP COM NEW 03822W406 363 54000 SH SOLE 54000 0 0 ARIBA INC COM NEW 04033V203 475 16900 SH SOLE 16900 0 0 ARTHROCARE CORP COM 043136100 374 11800 SH SOLE 11800 0 0 ARVINMERITOR INC FRNT 4.625% 3/0 043353AF8 14528 19500000 PRN SOLE 19500000 0 0 ASIAINFO-LINKAGE INC COM 04518A104 81 10500 SH SOLE 10500 0 0 ATP OIL & GAS CORP COM 00208J108 977 3500 SH PUT SOLE 3500 0 0 AUTOZONE INC COM 053332102 32137 98892 SH SOLE 98892 0 0 AVALONBAY CMNTYS INC COM 053484101 6347 48600 SH SOLE 48600 0 0 AVIAT NETWORKS INC COM 05366Y102 2833 1548259 SH SOLE 1548259 0 0 AVNET INC COM 053807103 6112 196600 SH SOLE 196600 0 0 BABCOCK & WILCOX CO NEW COM 05615F102 40176 1664278 SH SOLE 1664278 0 0 BAKER HUGHES INC COM 057224107 14466 297400 SH SOLE 297400 0 0 BANCORP RHODE ISLAND INC COM 059690107 3734 94058 SH SOLE 94058 0 0 BANK OF AMERICA CORPORATION COM 060505104 842 151400 SH SOLE 151400 0 0 BANK OF NEW YORK MELLON CORP COM 064058100 44403 2230193 SH SOLE 2230193 0 0 BARRICK GOLD CORP COM 067901108 16743 370000 SH SOLE 370000 0 0 BASIC ENERGY SVCS INC NEW COM 06985P100 12708 645100 SH SOLE 645100 0 0 BEAM INC COM 073730103 11823 230786 SH SOLE 230786 0 0 BED BATH & BEYOND INC COM 075896100 12493 215500 SH SOLE 215500 0 0 BERKLEY W R CORP COM 084423102 526 15300 SH SOLE 15300 0 0 BLUELINX HLDGS INC COM 09624H109 3352 2234573 SH SOLE 2234573 0 0 BMC SOFTWARE INC COM 055921100 36434 1111472 SH SOLE 1111472 0 0 BOEING CO COM 097023105 26289 358400 SH SOLE 358400 0 0 BOSTON PPTYS LTD PARTNERSHIP NOTE 3.750% 5/1 10112RAG9 9117 8000000 PRN SOLE 8000000 0 0 BOSTON PROPERTIES INC COM 101121101 15657 157200 SH SOLE 157200 0 0 BP PLC SPONSORED ADR 055622104 19297 451500 SH SOLE 451500 0 0 BROADCOM CORP CL A 111320107 24483 833900 SH SOLE 833900 0 0 BROOKDALE SR LIVING INC COM 112463104 83496 4801383 SH SOLE 4801383 0 0 BROWN & BROWN INC COM 115236101 797 35200 SH SOLE 35200 0 0 BRUNSWICK CORP COM 117043109 6328 350400 SH SOLE 350400 0 0 BUNGE LIMITED COM G16962105 7453 130300 SH SOLE 130300 0 0 CACI INTL INC NOTE 2.125% 5/0 127190AD8 12926 11000000 PRN SOLE 11000000 0 0 CADENCE DESIGN SYSTEM INC COM 127387108 9614 924400 SH SOLE 924400 0 0 CALPINE CORP COM NEW 131347304 27568 1688183 SH SOLE 1688183 0 0 CAMERON INTERNATIONAL CORP COM 13342B105 58959 1198600 SH SOLE 1198600 0 0 CANADIAN NAT RES LTD COM 136385101 1599 42800 SH SOLE 42800 0 0 CAPITAL ONE FINL CORP COM 14040H105 96262 2276245 SH SOLE 2276245 0 0 CAPITOL FED FINL INC COM 14057J101 688 59600 SH SOLE 59600 0 0 CARDTRONICS INC COM 14161H108 495 18300 SH SOLE 18300 0 0 CAREFUSION CORP COM 14170T101 14411 567145 SH SOLE 567145 0 0 CELANESE CORP DEL COM SER A 150870103 17296 390700 SH SOLE 390700 0 0 CENOVUS ENERGY INC COM 15135U109 289 8700 SH SOLE 8700 0 0 CENTURY ALUM CO COM 156431108 427 50200 SH SOLE 50200 0 0 CF INDS HLDGS INC COM 125269100 14020 96700 SH SOLE 96700 0 0 CHEESECAKE FACTORY INC COM 163072101 7631 260000 SH SOLE 260000 0 0 CHENIERE ENERGY INC NOTE 2.250% 8/0 16411RAE9 17955 19000000 PRN SOLE 19000000 0 0 CHENIERE ENERGY INC COM NEW 16411R208 5933 682700 SH SOLE 682700 0 0 CHILDRENS PL RETAIL STORES I COM 168905107 14831 279200 SH SOLE 279200 0 0 CIGNA CORPORATION COM 125509109 8651 205979 SH SOLE 205979 0 0 CINEMARK HOLDINGS INC COM 17243V102 30344 1641097 SH SOLE 1641097 0 0 CITIGROUP INC COM NEW 172967424 148750 5653741 SH SOLE 5653741 0 0 CITY HLDG CO COM 177835105 247 7300 SH SOLE 7300 0 0 CLEARWATER PAPER CORP COM 18538R103 4273 120000 SH SOLE 120000 0 0 CLOROX CO DEL COM 189054109 8074 121300 SH SOLE 121300 0 0 CME GROUP INC COM 12572Q105 8839 36275 SH SOLE 36275 0 0 CMS ENERGY CORP COM 125896100 17430 789400 SH SOLE 789400 0 0 COCA COLA ENTERPRISES INC NE COM 19122T109 5986 232200 SH SOLE 232200 0 0 COEUR D ALENE MINES CORP IDA COM NEW 192108504 352 14600 SH SOLE 14600 0 0 COLGATE PALMOLIVE CO COM 194162103 6079 65800 SH SOLE 65800 0 0 COLUMBIA BKG SYS INC COM 197236102 224 11600 SH SOLE 11600 0 0 COMCAST CORP NEW CL A 20030N101 20682 872300 SH SOLE 872300 0 0 COMERICA INC COM 200340107 50663 1963670 SH SOLE 1963670 0 0 COMMERCIAL METALS CO COM 201723103 1037 75000 SH SOLE 75000 0 0 COMPLETE PRODUCTION SERVICES COM 20453E109 15174 452158 SH SOLE 452158 0 0 COMSTOCK RES INC COM NEW 205768203 277 18100 SH SOLE 18100 0 0 COMVERSE TECHNOLOGY INC COM PAR $0.10 205862402 42281 6163378 SH SOLE 6163378 0 0 CONCEPTUS INC COM 206016107 392 31000 SH SOLE 31000 0 0 CONSOL ENERGY INC COM 20854P109 6738 183600 SH SOLE 183600 0 0 CONSOLIDATED TOMOKA LD CO COM 210226106 9001 332500 SH SOLE 332500 0 0 CONSTELLATION BRANDS INC CL A 21036P108 922 44600 SH SOLE 44600 0 0 CONTINENTAL RESOURCES INC COM 212015101 821 12300 SH SOLE 12300 0 0 COOPER COS INC COM NEW 216648402 303 4300 SH SOLE 4300 0 0 CORNING INC COM 219350105 513 39500 SH SOLE 39500 0 0 COSTAR GROUP INC COM 22160N109 374 5600 SH SOLE 5600 0 0 COSTCO WHSL CORP NEW COM 22160K105 5753 69050 SH SOLE 69050 0 0 COVANTA HLDG CORP NOTE 3.250% 6/0 22282EAC6 13143 12500000 PRN SOLE 12500000 0 0 COVIDIEN PLC SHS G2554F113 19671 437040 SH SOLE 437040 0 0 CROWN CASTLE INTL CORP COM 228227104 21889 488592 SH SOLE 488592 0 0 CROWN HOLDINGS INC COM 228368106 23983 714193 SH SOLE 714193 0 0 CUBIST PHARMACEUTICALS INC NOTE 2.500%11/0 229678AD9 12102 8100000 PRN SOLE 8100000 0 0 CUMMINS INC COM 231021106 863 9800 SH SOLE 9800 0 0 CVS CAREMARK CORPORATION COM 126650100 10970 269000 SH SOLE 269000 0 0 D R HORTON INC NOTE 2.000% 5/1 23331ABB4 9936 8500000 PRN SOLE 8500000 0 0 DARLING INTL INC COM 237266101 364 27400 SH SOLE 27400 0 0 DAVITA INC COM 23918K108 21962 289700 SH SOLE 289700 0 0 DIRECTV COM CL A 25490A101 1125 26300 SH SOLE 26300 0 0 DISCOVER FINL SVCS COM 254709108 31615 1317291 SH SOLE 1317291 0 0 DISH NETWORK CORP CL A 25470M109 14314 502600 SH SOLE 502600 0 0 DISNEY WALT CO COM DISNEY 254687106 24898 663957 SH SOLE 663957 0 0 DOLLAR GEN CORP NEW COM 256677105 70305 1708916 SH SOLE 1708916 0 0 DOLLAR TREE INC COM 256746108 507 6100 SH SOLE 6100 0 0 DRIL-QUIP INC COM 262037104 15767 239552 SH SOLE 239552 0 0 DU PONT E I DE NEMOURS & CO COM 263534109 50898 1111801 SH SOLE 1111801 0 0 DUKE ENERGY CORP NEW COM 26441C105 11480 521800 SH SOLE 521800 0 0 E M C CORP MASS NOTE 1.750%12/0 268648AM4 17989 12500000 PRN SOLE 12500000 0 0 E M C CORP MASS COM 268648102 8297 385178 SH SOLE 385178 0 0 E TRADE FINANCIAL CORP COM NEW 269246401 27407 3443071 SH SOLE 3443071 0 0 EASTMAN CHEM CO COM 277432100 12257 313812 SH SOLE 313812 0 0 EATON CORP COM 278058102 784 18000 SH SOLE 18000 0 0 EDISON INTL COM 281020107 19462 470100 SH SOLE 470100 0 0 EL PASO CORP COM 28336L109 29510 1110634 SH SOLE 1110634 0 0 ELECTRONIC ARTS INC COM 285512109 26541 1288420 SH SOLE 1288420 0 0 ENERGEN CORP COM 29265N108 6272 125444 SH SOLE 125444 0 0 ENERGY PARTNERS LTD COM NEW 29270U303 61878 4238224 SH SOLE 4238224 0 0 ENPRO INDS INC COM 29355X107 221 6700 SH SOLE 6700 0 0 ENSCO PLC SPONSORED ADR 29358Q109 13616 290191 SH SOLE 290191 0 0 EOG RES INC COM 26875P101 12255 124400 SH SOLE 124400 0 0 EQT CORP COM 26884L109 5906 107800 SH SOLE 107800 0 0 EQUITY LIFESTYLE PPTYS INC COM 29472R108 15911 238580 SH SOLE 238580 0 0 EVEREST RE GROUP LTD COM G3223R108 19165 227909 SH SOLE 227909 0 0 EXELIS INC COM 30162A108 8404 928600 SH SOLE 928600 0 0 EXELON CORP COM 30161N101 31031 715500 SH SOLE 715500 0 0 EXPEDIA INC DEL COM NEW 30212P303 3198 110198 SH SOLE 110198 0 0 EXPEDITORS INTL WASH INC COM 302130109 770 18800 SH SOLE 18800 0 0 EXPRESS INC COM 30219E103 516 25900 SH SOLE 25900 0 0 EXPRESS SCRIPTS INC COM 302182100 21947 491100 SH SOLE 491100 0 0 EXTERRAN HLDGS INC COM 30225X103 15999 1758100 SH SOLE 1758100 0 0 EXXON MOBIL CORP COM 30231G102 8476 100000 SH SOLE 100000 0 0 FIDELITY NATIONAL FINANCIAL CL A 31620R105 190 11900 SH SOLE 11900 0 0 FIDELITY NATL INFORMATION SV COM 31620M106 6871 258400 SH SOLE 258400 0 0 FIFTH STREET FINANCE CORP COM 31678A103 376 39300 SH SOLE 39300 0 0 FINISH LINE INC CL A 317923100 490 25400 SH SOLE 25400 0 0 FIRST AMERN FINL CORP COM 31847R102 4526 357216 SH SOLE 357216 0 0 FIRST NIAGARA FINL GP INC COM 33582V108 9061 1049900 SH SOLE 1049900 0 0 FOOT LOCKER INC COM 344849104 393 16500 SH SOLE 16500 0 0 FURIEX PHARMACEUTICALS INC COM 36106P101 6054 362288 SH SOLE 362288 0 0 GARTNER INC COM 366651107 18275 525600 SH SOLE 525600 0 0 GENERAL DYNAMICS CORP COM 369550108 46382 698417 SH SOLE 698417 0 0 GENERAL GROWTH PPTYS INC NEW COM 370023103 47916 3190179 SH SOLE 3190179 0 0 GENERAL MLS INC COM 370334104 12835 317611 SH SOLE 317611 0 0 GENERAL MTRS CO COM 37045V100 299 14764 SH SOLE 14764 0 0 GENERAL MTRS CO *W EXP 07/10/201 37045V118 157 13421 SH SOLE 13421 0 0 GENERAL MTRS CO *W EXP 07/10/201 37045V126 105 13421 SH SOLE 13421 0 0 GENIE ENERGY LTD CL B 372284208 2001 252294 SH SOLE 252294 0 0 GENON ENERGY INC COM 37244E107 7067 2707770 SH SOLE 2707770 0 0 GEN-PROBE INC NEW COM 36866T103 656 11100 SH SOLE 11100 0 0 GEO GROUP INC COM 36159R103 24876 1485128 SH SOLE 1485128 0 0 GILEAD SCIENCES INC NOTE 1.000% 5/0 375558AN3 19175 17500000 PRN SOLE 17500000 0 0 GLIMCHER RLTY TR SH BEN INT 379302102 32523 3535096 SH SOLE 3535096 0 0 GLOBAL PMTS INC COM 37940X102 6031 127300 SH SOLE 127300 0 0 GOLDCORP INC NEW COM 380956409 59008 1333518 SH SOLE 1333518 0 0 GOLDMAN SACHS GROUP INC COM 38141G104 20473 226400 SH SOLE 226400 0 0 GOODRICH CORP COM 382388106 125222 1012300 SH SOLE 1012300 0 0 GOODRICH PETE CORP COM NEW 382410405 266 19400 SH SOLE 19400 0 0 GOOGLE INC CL A 38259P508 27322 42300 SH SOLE 42300 0 0 HALLIBURTON CO COM 406216101 49291 1428316 SH SOLE 1428316 0 0 HANESBRANDS INC COM 410345102 43083 1970862 SH SOLE 1970862 0 0 HANOVER INS GROUP INC COM 410867105 10485 300000 SH SOLE 300000 0 0 HARLEYSVILLE GROUP INC COM 412824104 33495 592100 SH SOLE 592100 0 0 HARTFORD FINL SVCS GROUP INC COM 416515104 14144 870400 SH SOLE 870400 0 0 HCA HOLDINGS INC COM 40412C101 22140 1005000 SH SOLE 1005000 0 0 HEALTH CARE REIT INC NOTE 3.000%12/0 42217KAR7 11480 10000000 PRN SOLE 10000000 0 0 HEALTHCARE RLTY TR COM 421946104 19936 1072418 SH SOLE 1072418 0 0 HEALTHSOUTH CORP COM 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INC COM 481165108 435 5800 SH SOLE 5800 0 0 K12 INC COM 48273U102 449 25000 SH SOLE 25000 0 0 KAISER ALUMINUM CORP COM PAR $0.01 483007704 17205 375000 SH SOLE 375000 0 0 KBR INC COM 48242W106 19157 687352 SH SOLE 687352 0 0 KEMPER CORP DEL COM 488401100 374 12800 SH SOLE 12800 0 0 KINDER MORGAN INC DEL COM 49456B101 485 2000 SH CALL SOLE 2000 0 0 KLA-TENCOR CORP COM 482480100 4376 90700 SH SOLE 90700 0 0 KORN FERRY INTL COM NEW 500643200 433 25400 SH SOLE 25400 0 0 KRAFT FOODS INC CL A 50075N104 43719 1170198 SH SOLE 1170198 0 0 KRONOS WORLDWIDE INC COM 50105F105 9166 508114 SH SOLE 508114 0 0 LA Z BOY INC COM 505336107 180 15100 SH SOLE 15100 0 0 LAM RESEARCH CORP COM 512807108 9840 265800 SH SOLE 265800 0 0 LAREDO PETE HLDGS INC COM 516806106 6864 307800 SH SOLE 307800 0 0 LAS VEGAS SANDS CORP COM 517834107 12379 289697 SH SOLE 289697 0 0 LEGG MASON INC COM 524901105 18078 751704 SH SOLE 751704 0 0 LEXMARK INTL NEW CL A 529771107 546 16500 SH SOLE 16500 0 0 LIBERTY GLOBAL INC COM 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594918104 49361 1901439 SH SOLE 1901439 0 0 MOHAWK INDS INC COM 608190104 7541 126000 SH SOLE 126000 0 0 MOLINA HEALTHCARE INC COM 60855R100 380 17000 SH SOLE 17000 0 0 MONSANTO CO NEW COM 61166W101 1289 18400 SH SOLE 18400 0 0 MOODYS CORP COM 615369105 6736 200000 SH SOLE 200000 0 0 MORGAN STANLEY COM NEW 617446448 806 53300 SH SOLE 53300 0 0 NABORS INDUSTRIES LTD SHS G6359F103 14133 815033 SH SOLE 815033 0 0 NASDAQ OMX GROUP INC COM 631103108 407 16600 SH SOLE 16600 0 0 NATIONAL FINL PARTNERS CORP COM 63607P208 254 18800 SH SOLE 18800 0 0 NATIONAL OILWELL VARCO INC COM 637071101 20193 297006 SH SOLE 297006 0 0 NATIONAL RETAIL PROPERTIES I COM 637417106 24258 919554 SH SOLE 919554 0 0 NETAPP INC COM 64110D104 439 12100 SH SOLE 12100 0 0 NETLOGIC MICROSYSTEMS INC COM 64118B100 92782 1871745 SH SOLE 1871745 0 0 NEW GOLD INC CDA COM 644535106 8002 793840 SH SOLE 793840 0 0 NEW YORK CMNTY BANCORP INC COM 649445103 16875 1364181 SH SOLE 1364181 0 0 NEW YORK TIMES CO CL A 650111107 444 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PHH CORP COM NEW 693320202 10458 977400 SH SOLE 977400 0 0 PIONEER NAT RES CO COM 723787107 56844 635275 SH SOLE 635275 0 0 PLAINS EXPL& PRODTN CO COM 726505100 7840 213500 SH SOLE 213500 0 0 PNC FINL SVCS GROUP INC COM 693475105 39187 679505 SH SOLE 679505 0 0 PPL CORP COM 69351T106 36280 1233174 SH SOLE 1233174 0 0 PRECISION CASTPARTS CORP COM 740189105 17562 106570 SH SOLE 106570 0 0 PRICELINE COM INC COM NEW 741503403 36996 79100 SH SOLE 79100 0 0 PRIMERICA INC COM 74164M108 390 16800 SH SOLE 16800 0 0 PROCTER & GAMBLE CO COM 742718109 29837 447266 SH SOLE 447266 0 0 PROLOGIS INC COM 74340W103 12326 431125 SH SOLE 431125 0 0 PSS WORLD MED INC COM 69366A100 5184 214300 SH SOLE 214300 0 0 PVH CORP COM 693656100 712 10100 SH SOLE 10100 0 0 RAYTHEON CO COM NEW 755111507 30136 622911 SH SOLE 622911 0 0 RELIANCE STEEL & ALUMINUM CO COM 759509102 740 15200 SH SOLE 15200 0 0 REX ENERGY CORPORATION COM 761565100 292 19800 SH SOLE 19800 0 0 RF MICRODEVICES INC COM 749941100 185 34200 SH SOLE 34200 0 0 RIO TINTO PLC SPONSORED ADR 767204100 21476 439000 SH SOLE 439000 0 0 RIVERBED TECHNOLOGY INC COM 768573107 8414 358035 SH SOLE 358035 0 0 ROCK-TENN CO CL A 772739207 20772 360000 SH SOLE 360000 0 0 ROCKWOOD HLDGS INC COM 774415103 7110 180600 SH SOLE 180600 0 0 ROWAN COS INC COM 779382100 23045 759800 SH SOLE 759800 0 0 ROYAL DUTCH SHELL PLC SPONS ADR A 780259206 30179 412900 SH SOLE 412900 0 0 RPC INC COM 749660106 248 1000 SH PUT SOLE 1000 0 0 RSC HOLDINGS INC COM 74972L102 29600 1600000 SH SOLE 1600000 0 0 RTI INTL METALS INC COM 74973W107 457 19700 SH SOLE 19700 0 0 RUBY TUESDAY INC COM 781182100 30360 4400000 SH SOLE 4400000 0 0 RYLAND GROUP INC COM 783764103 281 17800 SH SOLE 17800 0 0 SAIC INC COM 78390X101 3828 311500 SH SOLE 311500 0 0 SANDERSON FARMS INC COM 800013104 8904 177622 SH SOLE 177622 0 0 SANOFI RIGHT 12/31/2020 80105N113 705 587700 SH SOLE 587700 0 0 SAP AG SPON ADR 803054204 19909 376000 SH SOLE 376000 0 0 SARA LEE CORP COM 803111103 64422 3404993 SH SOLE 3404993 0 0 SBA COMMUNICATIONS CORP NOTE 4.000%10/0 78388JAM8 17515 11500000 PRN SOLE 11500000 0 0 SCANSOURCE INC COM 806037107 374 10400 SH SOLE 10400 0 0 SCHEIN HENRY INC COM 806407102 8733 135536 SH SOLE 135536 0 0 SEAGATE TECHNOLOGY PLC SHS G7945M107 679 41400 SH SOLE 41400 0 0 SELECT SECTOR SPDR TR SBI CONS STPLS 81369Y308 4779 147100 SH SOLE 147100 0 0 SEMPRA ENERGY COM 816851109 14047 255400 SH SOLE 255400 0 0 SENIOR HSG PPTYS TR SH BEN INT 81721M109 11785 525166 SH SOLE 525166 0 0 SHIP FINANCE INTERNATIONAL L SHS G81075106 271 29000 SH SOLE 29000 0 0 SILVER STD RES INC COM 82823L106 7707 557700 SH SOLE 557700 0 0 SILVER WHEATON CORP COM 828336107 26523 915862 SH SOLE 915862 0 0 SKYWORKS SOLUTIONS INC COM 83088M102 14197 875269 SH SOLE 875269 0 0 SL GREEN RLTY CORP COM 78440X101 4140 62120 SH SOLE 62120 0 0 SLM CORP COM 78442P106 20123 1501700 SH SOLE 1501700 0 0 SMART BALANCE INC COM 83169Y108 71 13300 SH SOLE 13300 0 0 SMITH A O COM 831865209 742 18500 SH SOLE 18500 0 0 SMITHFIELD FOODS INC NOTE 4.000% 6/3 832248AR9 14070 11500000 PRN SOLE 11500000 0 0 SMUCKER J M CO COM NEW 832696405 28080 359214 SH SOLE 359214 0 0 SOLARWINDS INC COM 83416B109 486 17400 SH SOLE 17400 0 0 SONOSITE INC COM 83568G104 13465 250000 SH SOLE 250000 0 0 SOTHEBYS COM 835898107 294 10300 SH SOLE 10300 0 0 SPANSION INC COM CL A NEW 84649R200 9522 1150000 SH SOLE 1150000 0 0 SPDR GOLD TRUST GOLD SHS 78463V107 7600 50000 SH SOLE 50000 0 0 SPDR GOLD TRUST GOLD SHS 78463V107 698 1000 SH CALL SOLE 1000 0 0 SPDR S&P 500 ETF TR TR UNIT 78462F103 25213 200900 SH SOLE 200900 0 0 SPDR SERIES TRUST S&P OILGAS EXP 78464A730 223 500 SH PUT SOLE 500 0 0 SPECTRA ENERGY CORP COM 847560109 24130 784700 SH SOLE 784700 0 0 SPX CORP COM 784635104 808 13400 SH SOLE 13400 0 0 STARWOOD HOTELS&RESORTS WRLD COM 85590A401 24986 520871 SH SOLE 520871 0 0 STILLWATER MNG CO COM 86074Q102 21069 2014200 SH SOLE 2014200 0 0 STONE ENERGY CORP COM 861642106 295 11200 SH SOLE 11200 0 0 SUCCESSFACTORS INC COM 864596101 59091 1482100 SH SOLE 1482100 0 0 SUNCOR ENERGY INC NEW COM 867224107 7340 254600 SH SOLE 254600 0 0 SUNOCO INC COM 86764P109 20526 500400 SH SOLE 500400 0 0 SUNRISE SENIOR LIVING INC COM 86768K106 48220 7441415 SH SOLE 7441415 0 0 SUNTRUST BKS INC COM 867914103 16823 950480 SH SOLE 950480 0 0 SUPERIOR ENERGY SVCS INC COM 868157108 2846 100055 SH SOLE 100055 0 0 SVB FINL GROUP COM 78486Q101 649 13600 SH SOLE 13600 0 0 TARGA RES CORP COM 87612G101 4346 106800 SH SOLE 106800 0 0 TARGET CORP COM 87612E106 27812 543000 SH SOLE 543000 0 0 TASER INTL INC COM 87651B104 474 92600 SH SOLE 92600 0 0 TEAVANA HLDGS INC COM 87819P102 3041 161907 SH SOLE 161907 0 0 TEEKAY CORPORATION COM Y8564W103 331 12400 SH SOLE 12400 0 0 TELEPHONE & DATA SYS INC SPL COM 879433860 33896 1423600 SH SOLE 1423600 0 0 TEMPLE INLAND INC COM 879868107 46159 1455662 SH SOLE 1455662 0 0 TEMPUR PEDIC INTL INC COM 88023U101 27331 520300 SH SOLE 520300 0 0 TENET HEALTHCARE CORP COM 88033G100 5302 1033500 SH SOLE 1033500 0 0 TEXAS INSTRS INC COM 882508104 10006 343724 SH SOLE 343724 0 0 THERMO FISHER SCIENTIFIC INC COM 883556102 8692 193290 SH SOLE 193290 0 0 TIFFANY & CO NEW COM 886547108 2260 34113 SH SOLE 34113 0 0 TIMKEN CO COM 887389104 782 20200 SH SOLE 20200 0 0 TITAN INTL INC ILL COM 88830M102 376 19300 SH SOLE 19300 0 0 TMS INTL CORP CL A 87261Q103 7908 800445 SH SOLE 800445 0 0 TOTAL S A SPONSORED ADR 89151E109 16079 314600 SH SOLE 314600 0 0 TOTAL SYS SVCS INC COM 891906109 11241 574705 SH SOLE 574705 0 0 TRANSATLANTIC HLDGS INC COM 893521104 24519 448000 SH SOLE 448000 0 0 TRANSOCEAN LTD REG SHS H8817H100 28240 735600 SH SOLE 735600 0 0 TRAVELERS COMPANIES INC COM 89417E109 24208 409131 SH SOLE 409131 0 0 TRIPADVISOR INC COM 896945201 4311 170998 SH SOLE 170998 0 0 TYCO INTERNATIONAL LTD SHS H89128104 32980 706050 SH SOLE 706050 0 0 TYSON FOODS INC NOTE 3.250%10/1 902494AP8 13952 10500000 PRN SOLE 10500000 0 0 TYSON FOODS INC CL A 902494103 15813 766140 SH SOLE 766140 0 0 UGI CORP NEW COM 902681105 40323 1371525 SH SOLE 1371525 0 0 ULTA SALON COSMETCS & FRAG I COM 90384S303 506 7800 SH SOLE 7800 0 0 UNIT CORP COM 909218109 445 9600 SH SOLE 9600 0 0 UNITED STATES STL CORP NEW COM 912909108 10113 382200 SH SOLE 382200 0 0 UNITED STATES STL CORP NEW NOTE 4.000% 5/1 912909AE8 8848 8000000 PRN SOLE 8000000 0 0 UNITED TECHNOLOGIES CORP COM 913017109 64715 885414 SH SOLE 885414 0 0 UNIVERSAL CORP VA COM 913456109 496 10800 SH SOLE 10800 0 0 UNIVERSAL HLTH SVCS INC CL B 913903100 8448 217400 SH SOLE 217400 0 0 URBAN OUTFITTERS INC COM 917047102 5768 209300 SH SOLE 209300 0 0 URS CORP NEW COM 903236107 889 25300 SH SOLE 25300 0 0 VAIL RESORTS INC COM 91879Q109 504 11900 SH SOLE 11900 0 0 VALMONT INDS INC COM 920253101 663 7300 SH SOLE 7300 0 0 VERIFONE SYS INC COM 92342Y109 490 13800 SH SOLE 13800 0 0 VERINT SYS INC COM 92343X100 8871 322100 SH SOLE 322100 0 0 VERIZON COMMUNICATIONS INC COM 92343V104 1468 36600 SH SOLE 36600 0 0 VIRGIN MEDIA INC COM 92769L101 41388 1935833 SH SOLE 1935833 0 0 VIRGIN MEDIA INC NOTE 6.500%11/1 92769LAB7 10388 7500000 PRN SOLE 7500000 0 0 VISA INC COM CL A 92826C839 64155 631879 SH SOLE 631879 0 0 VMWARE INC CL A COM 928563402 940 11300 SH SOLE 11300 0 0 VOLTERRA SEMICONDUCTOR CORP COM 928708106 246 9600 SH SOLE 9600 0 0 VORNADO RLTY TR SH BEN INT 929042109 40163 522550 SH SOLE 522550 0 0 WABCO HLDGS INC COM 92927K102 512 11800 SH SOLE 11800 0 0 WAL MART STORES INC COM 931142103 67892 1136079 SH SOLE 1136079 0 0 WALTER ENERGY INC COM 93317Q105 13155 217226 SH SOLE 217226 0 0 WATSON PHARMACEUTICALS INC COM 942683103 766 12700 SH SOLE 12700 0 0 WATTS WATER TECHNOLOGIES INC CL A 942749102 499 14600 SH SOLE 14600 0 0 WEATHERFORD INTERNATIONAL LT REG SHS H27013103 25651 1752100 SH SOLE 1752100 0 0 WEBMD HEALTH CORP COM 94770V102 22793 607011 SH SOLE 607011 0 0 WEBSTER FINL CORP CONN COM 947890109 402 19700 SH SOLE 19700 0 0 WELLS FARGO & CO NEW COM 949746101 105329 3821825 SH SOLE 3821825 0 0 WESTAR ENERGY INC COM 95709T100 984 34200 SH SOLE 34200 0 0 WESTERN UN CO COM 959802109 35826 1961995 SH SOLE 1961995 0 0 WESTLAKE CHEM CORP COM 960413102 527 13100 SH SOLE 13100 0 0 WHITE MTNS INS GROUP LTD COM G9618E107 272 600 SH SOLE 600 0 0 WHITING PETE CORP NEW COM 966387102 13003 278500 SH SOLE 278500 0 0 WILEY JOHN & SONS INC CL A 968223206 786 17700 SH SOLE 17700 0 0 WILLIAMS SONOMA INC COM 969904101 32211 836644 SH SOLE 836644 0 0 WYNDHAM WORLDWIDE CORP COM 98310W108 79262 2095219 SH SOLE 2095219 0 0 XCEL ENERGY INC COM 98389B100 18077 654000 SH SOLE 654000 0 0 XL GROUP PLC SHS G98290102 54012 2732006 SH SOLE 2732006 0 0 XYLEM INC COM 98419M100 11578 450700 SH SOLE 450700 0 0 YAHOO INC COM 984332106 32431 2010618 SH SOLE 2010618 0 0 YAMANA GOLD INC COM 98462Y100 5100 347200 SH SOLE 347200 0 0 YPF SOCIEDAD ANONIMA SPON ADR CL D 984245100 6936 200000 SH SOLE 200000 0 0 ZIMMER HLDGS INC COM 98956P102 9995 187102 SH SOLE 187102 0 0 ZIPCAR INC COM 98974X103 2622 195400 SH SOLE 195400 0 0