0001144204-12-047928.txt : 20120824 0001144204-12-047928.hdr.sgml : 20120824 20120824103103 ACCESSION NUMBER: 0001144204-12-047928 CONFORMED SUBMISSION TYPE: 13F-HR/A PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20120630 FILED AS OF DATE: 20120824 DATE AS OF CHANGE: 20120824 EFFECTIVENESS DATE: 20120824 FILER: COMPANY DATA: COMPANY CONFORMED NAME: HIGHLAND CAPITAL MANAGEMENT LP CENTRAL INDEX KEY: 0001167365 IRS NUMBER: 752716725 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR/A SEC ACT: 1934 Act SEC FILE NUMBER: 028-10659 FILM NUMBER: 121053438 BUSINESS ADDRESS: STREET 1: 13455 NOEL ROAD STE 1300 CITY: DALLAS STATE: TX ZIP: 75240 BUSINESS PHONE: 9726284100 MAIL ADDRESS: STREET 1: 13455 NOEL ROAD STE 1300 CITY: DALLAS STATE: TX ZIP: 75240 13F-HR/A 1 v322354_13fhra.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: June 30, 2012 Check here if Amendment [x]; Amendment Number: ___1___ This Amendment (Check only one.): [x] is a restatement. [ ] adds new holdings entries. Institutional Investment Manager Filing this Report: Name: Highland Capital Management, L.P. Address: 300 Crescent Court, Suite 700, Dallas, Texas 75201 Form 13F File Number: 28-10659 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: James D. Dondero Title: President Phone: 972-628-4100 Signature, Place, and Date of Signing: /s/ James D. Dondero Dallas, TX August 14, 2012 --------------------- ----------- ---------------- [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).) FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 2 Form 13F Information Table Entry Total: 191 Form 13F Information Table Value Total: 926,413 (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. [If there are no entries in this list, state "NONE" and omit the column headings and list entries.] No. Form 13F File Number Name ____ 28-________________________ Cummings Bay Capital Management ____ 28-________________________ Pyxis Capital [Repeat as necessary.]

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 3M CO COMMON STOCK 88579Y101 134 1,500 SH SOLE ACADIA HEALTHCARE CO INC COMMON STOCK 00404A109 575 32,800 SH DEFINED ACADIA PHARMACEUTICALS INC. COMMON STOCK 004225108 459 261,073 SH SOLE ADCARE HEALTH SYSTEMS INC. COMMON STOCK 00650W300 479 130,533 SH DEFINED ADVANCED MICRO DEVICES, INC. OPTIONS 007903907 30 10,000 SH CALL SOLE AERCAP HOLDINGS C.V. (DEBIS) COMMON STOCK N00985106 4767 422,618 SH SOLE AFLAC INC. COMMON STOCK 001055102 10100 237,134 SH SOLE AK STEEL CORPORATION COMMON STOCK 001547108 587 100,000 SH SOLE ALLIANCE DATA SYSTEMS CORPORATION COMMON STOCK 018581108 39625 293,520 SH SOLE ALLSCRIPTS MISYS HEALTHCARE SOLUTIONS COMMON STOCK 01988P108 1093 100,000 SH DEFINED ALNYLAM PHARMACEUTICALS INC. COMMON STOCK 02043Q107 1282 110,000 SH DEFINED AMARIN CORPORATION PLC -ADR COMMON STOCK 023111206 578 40,000 SH DEFINED AMERICAN EAGLE OUTFITTERS COMMON STOCK 02553E106 579 29,330 SH SOLE AMERICAN ELECTRIC POWER COMMON STOCK 025537101 66 1,657 SH SOLE AMERIGROUP CORPORATION COMMON STOCK 03073T102 952 14,450 SH SOLE ANADARKO PETROLEUM CORPORATION COMMON STOCK 032511107 3836 57,943 SH DEFINED APPLE INC. COMMON STOCK 037833100 32608 55,836 SH SOLE ARROW ELECTRONICS INC. COMMON STOCK 042735100 1827 55,693 SH SOLE ARTHROCARE CORPORATION COMMON STOCK 043136100 2285 78,036 SH DEFINED ASTRAZENECA PLC COMMON STOCK 046353108 1895 42,350 SH DEFINED AT&T INC. COMMON STOCK 00206R102 1273 35,700 SH SOLE AVI BIOPHARMA INC. COMMON STOCK 803607100 250 400,000 SH SOLE BANK OF AMERICA CORPORATION COMMON STOCK 060505104 818 100,000 SH SOLE BANK OF AMERICA CORPORATION EQUITY WARRANTS 060505146 2549 722,000 SH SOLE BANK OF AMERICA CORPORATION EQUITY WARRANTS 060505153 1039 1,298,680 SH SOLE BASIC ENERGY SERVICES COMMON STOCK 06985P100 470 45,500 SH SOLE BAXTER INTERNATIONAL INC. COMMON STOCK 071813109 739 13,900 SH DEFINED BE AEROSPACE, INC COMMON STOCK 073302101 12663 290,040 SH SOLE BEST BUY CO., INC. COMMON STOCK 086516101 490 23,396 SH SOLE BIOGEN IDEC INC. COMMON STOCK 09062X103 1155 8,000 SH DEFINED BROADRIDGE FINANCIAL COMMON STOCK 11133T103 60 2,800 SH SOLE CALPINE CORPORATION COMMON STOCK 131347304 55 3,354 SH SOLE CAVIUM NETWORKS, INC. COMMON STOCK 14964U108 8801 314,309 SH SOLE CERNER CORPORATION COMMON STOCK 156782104 8588 103,900 SH SOLE CIENA CORPORATION COMMON STOCK 171779309 8213 501,700 SH SOLE CIGNA CORPORATION COMMON STOCK 125509109 552 12,552 SH SOLE CITRIX SYSTEMS INC. COMMON STOCK 177376100 24192 288,200 SH SOLE CLEARWIRE COMM/FINANCE COMMON STOCK 18538Q105 400 357,243 SH SOLE COGNIZANT TECHNOLOGY SOLUTIONS CORPORATION COMMON STOCK 192446102 16282 271,363 SH SOLE COMMUNITY HEALTH SERVICES, INC COMMON STOCK 203668108 364 13,000 SH SOLE COMPLETE GENOMICS, INC. COMMON STOCK 20454K104 951 508,491 SH SOLE COMPUTER PROGRAMS & SYSTEMS, INC. COMMON STOCK 205306103 1099 19,200 SH DEFINED CONCHO RESOURCES INC. COMMON STOCK 20605P101 3916 46,000 SH SOLE CONOCO PHILLIPS COMMON STOCK 20825C104 1425 25,500 SH SOLE CONSOLIDATED EDISON INC COMMON STOCK 209115104 107 1,713 SH SOLE CORELOGIC, INC. (FKA FIRST AMERICAN CORPORATION, THE) COMMON STOCK 21871D103 10477 572,200 SH SOLE CORNING INC. COMMON STOCK 219350105 8193 633,647 SH SOLE COSTCO WHOLESALE CORPORATION COMMON STOCK 22160K105 2121 22,325 SH SOLE CURRENCYSHARES BRITISH POUND EXCHANGE TRADED FUNDS 23129S106 2482 16,000 SH SOLE DAVITA INC. COMMON STOCK 23918K108 982 10,000 SH DEFINED DELCATH SYSTEMS INC. EQUITY WARRANTS 246990444 210 210,000 SH DEFINED DIAGEO PLC COMMON STOCK 25243Q205 680 6,600 SH SOLE DIRECTV GROUP, INC., THE COMMON STOCK 25490A101 3154 64,600 SH SOLE DISH NETWORK CORP COMMON STOCK 25470M109 6099 213,613 SH SOLE DOMINION RESOURCES INC/VA COMMON STOCK 25746U109 81 1,491 SH SOLE DR PEPPER SNAPPLE GROUP, INC. COMMON STOCK 26138E109 1100 25,150 SH SOLE DSW GROUP, INC. EQUITY 23334L102 6938 81,150 SH SOLE DUNKIN' BRANDS, INC. COMMON STOCK 265504100 19333 563,000 SH SOLE ELI LILLY & CO COMMON STOCK 532457108 815 19,000 SH SOLE ENBRIDGE ENERGY PARTNERS LP LTD PARTNERSHIP 29250R106 91 2,967 SH SOLE ENDO PHARMACEUTICALS HOLDINGS, INC. COMMON STOCK 29264F205 1704 55,000 SH DEFINED ENDOCYTE INC COMMON STOCK 29269A102 1400 170,268 SH DEFINED ENDOLOGIX INC. COMMON STOCK 29266S106 873 56,556 SH SOLE ENERGY XXI BERMUDA COMMON STOCK G10082140 2484 79,400 SH SOLE ENTERPRISE PRODUCTS PARTNERS LP LTD PARTNERSHIP 293792107 3374 65,848 SH SOLE ENTRAVISION COMMUNICATIONS CORPORATION COMMON STOCK 29382R107 1613 1,332,712 SH SOLE EQUINIX INC COMMON STOCK 29444U502 11203 63,782 SH SOLE ETFS PALLADIUM TRUST EXCHANGE TRADED FUNDS 26923A106 2071 36,125 SH SOLE EURONET WORLDWIDE, INC. COMMON STOCK 298736109 5141 301,200 SH SOLE EXELON CORPORATION COMMON STOCK 30161N101 89 2,361 SH SOLE EXXON MOBIL CORPORATION COMMON STOCK 30231G102 93 1,089 SH SOLE FAIRPOINT COMMUNICATIONS, INC. COMMON STOCK 305560302 1388 225,708 SH DEFINED GARMIN LTD. COMMON STOCK H2906T109 4365 114,001 SH SOLE GENERAL ELECTRIC CO COMMON STOCK 369604103 625 30,000 SH SOLE GENESCO INC. COMMON STOCK 371532102 3560 59,188 SH SOLE GENON ENERGY, INC. / GENON AMERICAS, INC. EQUITY 37244E107 12 7,090 SH SOLE GEO GROUP INC/THE COMMON STOCK 36159R103 3458 152,200 SH SOLE GNC ACQUISITION HOLDINGS INC COMMON STOCK 36191G107 745 19,000 SH DEFINED GRAY TELEVISION, INC. PREFERRED STOCKS 389375106 7904 79 SH SOLE GRAY TELEVISION, INC. COMMON STOCK 389375205 26 18,000 SH SOLE HAEMONETICS CORP/MASS COMMON STOCK 405024100 793 10,700 SH DEFINED HAIN CELESTIAL GROUP INC. COMMON STOCK 405217100 5691 103,402 SH SOLE HARRIS CORPORATION COMMON STOCK 413875105 1055 25,200 SH SOLE HEALTH NET INC. COMMON STOCK 42222G108 1214 50,000 SH DEFINED HEALTHSOUTH CORPORATION EQUITY WARRANTS 421924309 5 84,507 SH SOLE HEALTHSOUTH CORPORATION COMMON STOCK 421924309 12093 519,901 SH SOLE HEALTHSTREAM INC. COMMON STOCK 42222N103 1282 49,300 SH DEFINED HELMERICH & PAYNE INC. COMMON STOCK 423452101 3352 77,100 SH SOLE HERBALIFE INTERNATIONAL, INC. COMMON STOCK G4412G101 2417 50,000 SH SOLE HUMANA COMMON STOCK 444859102 1224 15,803 SH DEFINED ICON PLC - SPONSORED ADR COMMON STOCK 45103T107 1212 53,800 SH DEFINED IDEXX LABS COMMON STOCK 45168D104 1154 12,000 DEFINED IMAX CORP COMMON STOCK 45245E109 19333 804,548 SH SOLE INBEV NV COMMON STOCK 03524A108 339 4,250 SH SOLE INTL BUSINESS MACHINES CORP COMMON STOCK 459200101 381 1,950 SH SOLE INTUIT INC. COMMON STOCK 461202103 12315 207,500 SH SOLE INTUITIVE SURGICAL INC. COMMON STOCK 46120E602 1384 2,500 SH DEFINED INVERNESS MEDICAL INNOVATIONS, INC. COMMON STOCK 01449J105 654 33,644 SH SOLE ISHARES IBOXX H/Y CORP BOND EXCHANGE TRADED FUNDS 464288513 4108 45,000 SH SOLE ISHARES IBOXX INV GR CORP BD EXCHANGE TRADED FUNDS 464287242 221 1,878 SH SOLE ISHARES LEHMAN 20+ YEAR TREASURY BOND FUND EXCHANGE TRADED FUNDS 464287432 1127 9,000 SH SOLE ISHARES MSCI JAPAN INDEX FD EXCHANGE TRADED FUNDS 464286848 2098 223,000 SH SOLE JACK IN THE BOX, INC. COMMON STOCK 466367109 8802 315,700 SH SOLE JPMORGAN CHASE & CO. EQUITY WARRANTS 46634E114 1661 170,000 SH SOLE L-3 COMMUNICATIONS HOLDINGS INC. COMMON STOCK 502424104 3338 45,100 SH SOLE LEVEL 3 FINANCING, INC. COMMON STOCK 52729N308 2283 103,050 SH SOLE LIFE TIME FITNESS COMMON STOCK 53217R207 19077 410,164 SH SOLE LINKEDIN CORP COMMON STOCK 53578A108 12285 115,602 SH SOLE LORAL SPACECOM CORP COMMON STOCK 543881106 109246 1,622,071 SH SOLE MACQUARIE INFRASTRUCTURE CO COMMON STOCK 55608B105 403 12,100 SH SOLE MAGNACHIP SEMICONDUCTOR EQUITY 55933J203 2660 279,105 SH DEFINED MATTRESS FIRM HOLDING CORP COMMON STOCK 57722W106 7274 240,000 SH SOLE MBIA INCORPORATED COMMON STOCK 55262C100 806 74,553 SH SOLE MCMORAN EXPLORATION CO COMMON STOCK 582411104 8356 659,500 SH SOLE MERCK & CO., INC. COMMON STOCK 58933Y105 1657 39,700 SH DEFINED METRO HEALTH NETWORKS INC COMMON STOCK 592142103 926 96,740 SH DEFINED METROPCS COMMUNICATIONS COMMON STOCK 591708102 18296 3,024,145 SH SOLE MICHAEL KORS HOLDINGS LTD COMMON STOCK G60754101 8970 214,400 SH SOLE MICROSOFT CORPORATION COMMON STOCK 594918104 6864 224,400 SH SOLE MICROVISION, INC. EQUITY WARRANTS 594960163 28 402,361 SH DEFINED MONOLITHIC POWER SYSTEM INC. COMMON STOCK 609839105 5415 272,800 SH SOLE MYLAN INC. (FKA MYLAN LABORATORIES INC.) COMMON STOCK 628530107 1238 57,947 SH SOLE NASDAQ OMX GROUP, INC., THE COMMON STOCK 631103108 907 40,000 SH SOLE NATIONAL CINEMEDIA, LLC COMMON STOCK 635309107 993 65,460 SH SOLE NATUS MEDICAL INC. COMMON STOCK 639050103 505 43,484 SH DEFINED NOBLE ENERGY INC. COMMON STOCK 655044105 70 823 SH SOLE NORFOLK SOUTHERN CORPORATION COMMON STOCK 655844108 19974 278,300 SH SOLE NPS PHARMACEUTICALS COMMON STOCK 62936P103 5117 594,329 SH SOLE NRG HOLDINGS, INC. COMMON STOCK 629377508 2436 140,350 SH SOLE NUVASIVE INC. COMMON STOCK 670704105 9018 355,600 SH DEFINED OFFICEMAX INC. COMMON STOCK 67622P101 1518 300,000 SH SOLE OREXIGEN THERAPEUTICS INC. COMMON STOCK 686164104 720 130,000 SH DEFINED ORTHOFIX HOLDINGS, INC. COMMON STOCK N6748L102 578 14,000 SH DEFINED PAREXEL INTERNATIONAL CORPORATION COMMON STOCK 699462107 1736 61,500 SH DEFINED PENDRELL CORPORATION ( F.K.A. ICO GLOBAL COMMUNICATIONS) COMMON STOCK 70686R104 5017245,611,145 SH DEFINED PENSON WORLDWIDE INC. COMMON STOCK 709600100 283 1,852,191 SH SOLE PFIZER, INC. COMMON STOCK 717081103 12961 563,500 SH SOLE PHILLIPS 66 COMMON STOCK 718546104 424 12,750 SH SOLE PIONEER NATURAL RESOURCES CO COMMON STOCK 723787107 3999 45,338 SH SOLE PITNEY BOWES INC. COMMON STOCK 724479100 808 54,000 SH SOLE POLYPORE, INC. COMMON STOCK 73179V103 14464 358,100 SH SOLE POWERSHARES DB OIL FUND EXCHANGE TRADED FUNDS 73936B507 1869 76,100 SH SOLE POWERSHARES DB US DOL IND BU EXCHANGE TRADED FUNDS 73936D107 2584 115,000 SH DEFINED POWERSHARES QQQ EXCHANGE TRADED FUNDS 73935A104 898 14,000 SH SOLE POWERSHARES SENIOR LOAN PORT EXCHANGE TRADED FUNDS 73936Q769 214 8,798 SH SOLE PPL CORPORATION COMMON STOCK 69351T106 95 3,427 SH SOLE PROSHARES ULTRA SILVER EXCHANGE TRADED FUNDS 74347W841 3108 81,520 SH SOLE PROSHARES ULTRASHORT EURO EXCHANGE TRADED FUNDS 74347W882 4076 195,000 SH SOLE PROSHARES ULTRASHORT YEN EXCHANGE TRADED FUNDS 74347W569 2531 58,167 SH SOLE PROSHRE U/S DJ-AIG COMMODITY EXCHANGE TRADED FUNDS 74347W676 235 4,000 SH SOLE PSS WORLD MEDICAL INC COMMON STOCK 69366A100 4855 231,300 SH SOLE RAYTHEON COMPANY COMMON STOCK 755111507 700 12,373 SH SOLE RED HAT INC. COMMON STOCK 756577102 5648 100,000 SH SOLE REGAL ENTERTAINMENT GROUP COMMON STOCK 758766109 2579 187,400 SH SOLE SBA TELECOMMUNICATIONS INC. COMMON STOCK 78388J106 21380 374,759 SH SOLE SEADRILL LTD COMMON STOCK G7945E105 72 2,017 SH SOLE SEAGATE TECHNOLOGY HDD CAYMAN COMMON STOCK G7945M107 455 18,400 SH SOLE SHANGPHARMA CORP COMMON STOCK 81943P104 954 140,053 SH DEFINED SHORT MSCI EAFE PROSHARES EXCHANGE TRADED FUNDS 74347R370 389 8,000 SH SOLE SHORT MSCI EMERGING MARKETS EXCHANGE TRADED FUNDS 74347R396 403 13,000 SH SOLE SIRIUS XM RADIO, INC. COMMON STOCK 82967N108 8152 4,406,400 SH SOLE SODASTREAM INTERNATIONAL LTD COMMON STOCK M9068E105 6549 159,856 SH SOLE SOLUTIA INC. COMMON STOCK 834376501 113 4,035 SH SOLE SOUTHERN CO COMMON STOCK 842587107 113 2,431 SH SOLE SPANSION INC-CLASS A COMMON STOCK 84649R200 1394 127,000 SH SOLE SPDR LEHMAN HIGH YIELD BOND EXCHANGE TRADED FUNDS 78464A417 3946 100,000 SH SOLE SPDR TRUST SERIES 1 EXCHANGE TRADED FUNDS 78462F103 1143 8,400 SH DEFINED SPRINT NEXTEL CORPORATION COMMON STOCK 852061100 12565 3,854,400 SH SOLE STEWART ENTERPRISES COMMON STOCK 860370105 439 61,732 SH SOLE STRYKER CORPORATION COMMON STOCK 863667101 1102 20,000 SH DEFINED SWS GROUP INC. COMMON STOCK 78503N107 3731 700,000 SH SOLE TECO ENERGY INC COMMON STOCK 872375100 50 2,743 SH SOLE THERMO FISHER SCIENTIFIC INC. COMMON STOCK 883556102 11028 212,450 SH DEFINED TORCHMARK CORPORATION COMMON STOCK 891027104 2388 47,242 SH SOLE TORNIER NV COMMON STOCK N87237108 1129 50,361 SH DEFINED TOTAL SA COMMON STOCK 89151E109 1864 41,463 SH DEFINED TRANS1 INC COMMON STOCK 89385X105 291 117,300 SH DEFINED TW TELECOM, INC. COMMON STOCK 87311L104 7955 310,000 SH SOLE UGI CORPORATION COMMON STOCK 902681105 81 2,749 SH SOLE VCA ANTECH INC. COMMON STOCK 918194101 1787 81,300 SH DEFINED VIACOM, INC. COMMON STOCK 124857202 18360 560,099 SH SOLE VITAMIN SHOPPE, INC. COMMON STOCK 92849E101 769 14,000 SH DEFINED VIVUS COMMON STOCK 928551100 1750 61,300 SH DEFINED VOLCANO CORPORATION COMMON STOCK 928645100 860 30,000 SH DEFINED WALGREENS CO COMMON STOCK 931422109 816 27,596 SH DEFINED WEBSITE PROS INC. COMMON STOCK 94733A104 10425 570,600 SH SOLE WELLPOINT INC. COMMON STOCK 94973V107 893 14,000 SH DEFINED WELLS FARGO & CO COMMON STOCK 949746101 12741 381,000 SH SOLE WESTERN DIGITAL CORPORATION COMMON STOCK 958102105 381 12,506 SH SOLE