0001144204-13-009080.txt : 20130214 0001144204-13-009080.hdr.sgml : 20130214 20130214160639 ACCESSION NUMBER: 0001144204-13-009080 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20121231 FILED AS OF DATE: 20130214 DATE AS OF CHANGE: 20130214 EFFECTIVENESS DATE: 20130214 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: 13613584 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 v334475_13fhr.txt 13F-HR UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 13F FORM 13F COVER PAGE Report for the Calendar Year or Quarter Ended: 12/31/2012 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 form. Person 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 2/14/2013 ---------------------- ----------------- --------------- [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: 47 --------- Form 13F Information Table Value Total: 2,379,217 --------- (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

Column 1 Column 2 Column 3 Column 4 Column 5 Column 6 Column 7 Column 8 -------- -------- -------- -------- ----------------- -------- -------- ------------------ TITLE OF VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER NAME OF ISSUER CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE -------------- -------- ----- -------- ------- --- ---- ---------- ------- ---- ------ ---- ALIGN TECHNOLOGY INC COM 016255101 6,149 221,593 SH SHARED-DEFINED 0 221,593 0 AMAZON COM INC COM 023135106 49,728 198,224 SH SHARED-DEFINED 0 198,224 0 AMGEN INC COM 031162100 6,985 81,038 SH SHARED-DEFINED 0 81,038 0 BROOKDALE SR LIVING INC COM 112463104 3,137 123,912 SH SHARED-DEFINED 0 123,912 0 CBRE GROUP INC CL A 12504L109 102,773 5,164,492 SH SHARED-DEFINED 0 5,164,492 0 CITRIX SYS INC COM 177376100 89,630 1,365,896 SH SHARED-DEFINED 0 1,365,896 0 CLOVIS ONCOLOGY INC COM 189464100 8,905 556,578 SH SHARED-DEFINED 0 556,578 0 COACH INC COM 189754104 50,044 901,528 SH SHARED-DEFINED 0 901,528 0 CTRIP COM INTL LTD AMERICAN DEP SHS 22943F100 24,156 1,066,017 SH SHARED-DEFINED 0 1,066,017 0 CUMMINS INC COM 231021106 144,194 1,330,814 SH SHARED-DEFINED 0 1,330,814 0 EATON CORP PLC SHS G29183103 163,187 3,011,941 SH SHARED-DEFINED 0 3,011,941 0 FACEBOOK INC CL A 30303M102 6,343 238,298 SH SHARED-DEFINED 0 238,298 0 FOREST LABS INC COM 345838106 126 1,005,500 SH Call SHARED-DEFINED 0 1,005,500 0 GILEAD SCIENCES INC COM 375558103 283,584 3,860,907 SH SHARED-DEFINED 0 3,860,907 0 HCA HOLDINGS INC COM 40412C101 4,065 134,744 SH SHARED-DEFINED 0 134,744 0 HEALTH NET INC COM 42222G108 66,786 2,748,398 SH SHARED-DEFINED 0 2,748,398 0 HEALTHWAYS INC COM 422245100 3,890 363,585 SH SHARED-DEFINED 0 363,585 0 HUMANA INC COM 444859102 10,398 151,502 SH SHARED-DEFINED 0 151,502 0 INFINITY PHARMACEUTICALS INC COM 45665G303 2,241 64,037 SH SHARED-DEFINED 0 64,037 0 INFORMATICA CORP COM 45666Q102 25,218 831,732 SH SHARED-DEFINED 0 831,732 0 ISHARES TR FTSE CHINA25 IDX 464287184 43,383 1,072,500 SH SHARED-DEFINED 0 1,072,500 0 ISHARES TR MSCI EMERG MKT 464287234 3,060 7,748,000 SH Call SHARED-DEFINED 0 7,748,000 0 KINDER MORGAN INC DEL *W EXP 05/25/201 49456B119 12,584 3,329,212 SH Call SHARED-DEFINED 0 3,329,212 0 KYTHERA BIOPHARMACEUTICALS I COM 501570105 9,064 298,757 SH SHARED-DEFINED 0 298,757 0 LABORATORY CORP AMER HLDGS COM NEW 50540R409 31 28,400 SH Call SHARED-DEFINED 0 28,400 0 MAGELLAN HEALTH SVCS INC COM NEW 559079207 8,101 165,335 SH SHARED-DEFINED 0 165,335 0 MEDIVATION INC COM 58501N101 71,551 1,398,565 SH SHARED-DEFINED 0 1,398,565 0 MOLINA HEALTHCARE INC COM 60855R100 7,458 275,609 SH SHARED-DEFINED 0 275,609 0 NETFLIX INC COM 64110L106 29,719 320,978 SH SHARED-DEFINED 0 320,978 0 OREXIGEN THERAPEUTICS INC COM 686164104 12,437 2,368,950 SH SHARED-DEFINED 0 2,368,950 0 PFIZER INC COM 717081103 228,614 9,115,663 SH SHARED-DEFINED 0 9,115,663 0 PHH CORP NOTE 4.000% 9/0 693320AN3 12,810 11,406,000 PRN SHARED-DEFINED 0 11,406,000 0 PRECISION CASTPARTS CORP COM 740189105 125,172 660,817 SH SHARED-DEFINED 0 660,817 0 REGENERON PHARMACEUTICALS COM 75886F107 40,287 235,499 SH SHARED-DEFINED 0 235,499 0 ROCKWELL AUTOMATION INC COM 773903109 170,425 2,029,115 SH SHARED-DEFINED 0 2,029,115 0 SALESFORCE COM INC COM 79466L302 78,816 468,865 SH SHARED-DEFINED 0 468,865 0 SAREPTA THERAPEUTICS INC COM 803607100 4,621 179,106 SH SHARED-DEFINED 0 179,106 0 SIRONA DENTAL SYSTEMS INC COM 82966C103 48,468 751,907 SH SHARED-DEFINED 0 751,907 0 STARWOOD HOTELS&RESORTS WRLD COM 85590A401 25,357 442,065 SH SHARED-DEFINED 0 442,065 0 STRYKER CORP COM 863667101 12,037 219,571 SH SHARED-DEFINED 0 219,571 0 TEREX CORP NEW COM 880779103 40,805 1,451,606 SH SHARED-DEFINED 0 1,451,606 0 UNIVERSAL AMERN CORP NEW COM 91338E101 5,977 695,855 SH SHARED-DEFINED 0 695,855 0 UNIVERSAL HLTH SVCS INC CL B 913903100 52,170 1,079,005 SH SHARED-DEFINED 0 1,079,005 0 V F CORP COM 918204108 125,261 829,711 SH SHARED-DEFINED 0 829,711 0 VALEANT PHARMACEUTICALS INTL COM 91911K102 9,434 157,842 SH SHARED-DEFINED 0 157,842 0 VOLCANO CORPORATION COM 928645100 2,043 86,528 SH SHARED-DEFINED 0 86,528 0 WYNDHAM WORLDWIDE CORP COM 98310W108 147,993 2,781,299 SH SHARED-DEFINED 0 2,781,299 0