0001144204-13-029081.txt : 20130515
0001144204-13-029081.hdr.sgml : 20130515
20130515102927
ACCESSION NUMBER: 0001144204-13-029081
CONFORMED SUBMISSION TYPE: 13F-HR
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20130331
FILED AS OF DATE: 20130515
DATE AS OF CHANGE: 20130515
EFFECTIVENESS DATE: 20130515
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
SEC ACT: 1934 Act
SEC FILE NUMBER: 028-10659
FILM NUMBER: 13844359
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
1
v344885_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: March 31, 2013
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: 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 May 13, 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).)
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 5
Form 13F Information Table Entry Total: 154
Form 13F Information Table Value Total: 1,200,372
(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
__1__ 28-_____________________ Cummings Bay Capital Management, L.P.
__2__ 28-_____________________ Highland Capital Management Fund Advisors, L.P.
__3__ 28-_____________________ Anchor Capital Management Group, Inc.
__4__ 28-_____________________ NexPoint Advisors, L.P.
__5__ 28-_____________________ Incline Analytics, LLC
[Repeat as necessary.]
TITLE OF VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
ABBOTT LABORATORIES COMMON STOCK 002824100 551 15,600 SH SOLE
ABBVIE INC COMMON STOCK 00287Y109 636 15,600 SH SOLE
ACADIA HEALTHCARE CO INC COMMON STOCK 00404A109 9,771 332,474 SH DEFINED
ACHILLION PHARMACEUTICALS COMMON STOCK 00448Q201 563 64,370 SH SOLE
ACME PACKAGING CORP. COMMON STOCK 004764106 0 155,179 SH SOLE
ADCARE HEALTH SYSTEMS INC. COMMON STOCK 00650W300 192 47,875 SH SOLE
AEGERION PHARMACEUTICALS INC COMMON STOCK 00767E102 535 13,267 SH SOLE
AERCAP HOLDINGS C.V. (DEBIS) COMMON STOCK N00985106 8,002 517,918 SH SOLE
AFLAC INC COMMON STOCK 001055102 9,478 182,204 SH DEFINED
AKORN INC. COMMON STOCK 009728106 9,671 699,300 SH DEFINED
ALLEGHENY TECHNOLOGIES, INC. COMMON STOCK 01741R102 2,217 69,900 SH SOLE
ALLIANCE DATA SYSTEMS CORPORATION COMMON STOCK 018581108 46,633 288,051 SH SOLE
AMERICAN EXPRESS CO COMMON STOCK 025816109 73,098 1,083,575 SH DEFINED
AMERIPRISE FINANCIAL, INC. COMMON STOCK 03076C106 1,510 20,500 SH SOLE
AOL INC COMMON STOCK 00184X105 7,567 196,595 SH SOLE
APOLLO GROUP COMMON STOCK 037604105 2,585 148,750 SH SOLE
ARTHROCARE CORPORATION COMMON STOCK 043136100 662 19,033 SH SOLE
ARTHUR J GALLAGHER & CO COMMON STOCK 363576109 12,847 311,000 SH SOLE
ATHENAHEALTH INC COMMON STOCK 04685W103 791 8,148 SH SOLE
AVI BIOPHARMA INC. COMMON STOCK 803607100 305 8,256 SH SOLE
BANK OF AMERICA CORPORATION EQUITY WARRANTS 060505146 1,054 1,443,664 SH SOLE
BE AEROSPACE, INC COMMON STOCK 073302101 12,275 203,636 SH SOLE
BEST BUY CO., INC. COMMON STOCK 086516101 324 14,650 SH SOLE
BIG LOTS INC. COMMON STOCK 089302103 7,133 202,250 SH SOLE
BIOSCRIP, INC. COMMON STOCK 09069N108 1,010 79,500 SH DEFINED
BROOKDALE SENIOR LIVING INC. COMMON STOCK 112463104 21,548 772,883 SH DEFINED
BRUKER CORP COMMON STOCK 116794108 1,662 87,000 SH DEFINED
CAPITAL SENIOR LIVING CORPORATION COMMON STOCK 140475104 1,216 46,000 SH DEFINED
CARDIOVASCULAR SYSTEMS INC COMMON STOCK 141619106 907 44,310 SH SOLE
CB RICHARD ELLIS GROUP INC-A COMMON STOCK 12504L109 2,291 90,740 SH SOLE
CBS CORP COMMON STOCK 124857202 27,180 582,135 SH SOLE
CEDAR FAIR LP/CANADA'S WONDERLAND LTD PARTNERSHIP 150185106 12,000 301,743 SH SOLE
CERUS CORPORATION COMMON STOCK 157085101 182 41,170 SH SOLE
CHARLES RIVER LABORATORIES COMMON STOCK 159864107 315 7,115 SH SOLE
CHUBB CORP., THE COMMON STOCK 171232101 341 3,900 SH SOLE
CITRIX SYSTEMS INC. COMMON STOCK 177376100 10,487 145,352 SH SOLE
COGNIZANT TECHNOLOGY SOLUTIONS
CORPORATION COMMON STOCK 192446102 14,430 188,325 SH SOLE
COLGATE PALMOLIVE CO. COMMON STOCK 194162103 555 4,700 SH SOLE
COMPLETE GENOMICS, INC. EQUITY 20454K104 372 132,087 SH SOLE
COMPUWARE CORPORATION COMMON STOCK 205638109 12,348 988,619 SH SOLE
CONN'S INC COMMON STOCK 208242107 11,984 333,442 SH SOLE
CONTINENTAL RESOURCES INC/OK COMMON STOCK 212015101 23,367 268,800 SH SOLE
CORNING INC. COMMON STOCK 219350105 4,388 329,200 SH SOLE
CORRECTIONS CORPORATION OF AMERICA EQUITY 22025Y407 8,289 212,150 SH SOLE
COVANCE INC. COMMON STOCK 222816100 610 8,213 SH SOLE
CREDIT SUISSE ASSET MGMT INC CLOSE END FIXED INCOME
MUTUAL FUNDS 224916106 50 12,254 SH SOLE
CREDIT SUISSE HIGH YIELD BD CLOSE END FIXED INCOME
MUTUAL FUNDS 22544F103 51 15,575 SH SOLE
CSX CORPORATION COMMON STOCK 126408103 9,556 388,000 SH SOLE
DEVRY INC. COMMON STOCK 251893103 3,212 101,150 SH SOLE
DIGITALGLOBE, INC. COMMON STOCK 25389M877 14,018 484,900 SH SOLE
DIRECTV GROUP, INC., THE COMMON STOCK 25490A309 716 12,650 SH SOLE
DR PEPPER SNAPPLE GROUP, INC. COMMON STOCK 26138E109 3,035 64,650 SH SOLE
DUNKIN' BRANDS, INC. COMMON STOCK 265504100 17,500 474,512 SH SOLE
EDWARDS LIFESCIENCES CORPORATION COMMON STOCK 28176E108 1,857 22,600 SH SOLE
ELI LILLY & CO COMMON STOCK 532457108 9,745 171,600 SH SOLE
ELLSWORTH FUND LTD CLOSE END FIXED INCOME
MUTUAL FUNDS 289074106 105 13,700 SH SOLE
EMERITUS CORP COMMON STOCK 291005106 1,251 45,000 SH DEFINED
ENDOCYTE INC COMMON STOCK 29269A102 2,040 163,829 SH DEFINED
ENDOLOGIX INC. COMMON STOCK 29266S106 489 30,282 SH SOLE
ENTERPRISE PRODUCTS PARTNERS LP LTD PARTNERSHIP 293792107 225 3,737 SH SOLE
E-TRACS UBS LONG PLAT ETN EXCHANGE TRADED FUNDS 902641786 179 10,000 SH SOLE
EXAMWORKS INC COMMON STOCK 30066A105 644 37,185 SH SOLE
EXXON MOBIL CORPORATION COMMON STOCK 30231G102 514 5,700 SH SOLE
FAIRPOINT COMMUNICATIONS, INC. COMMON STOCK 305560302 1,686 225,708 SH DEFINED
FAMILY DOLLAR STORES, INC. COMMON STOCK 307000109 12,671 214,575 SH SOLE
FASTENAL CO. COMMON STOCK 311900104 10,795 210,300 SH SOLE
FEDEX CORPORATION COMMON STOCK 31428X106 20,160 205,300 SH SOLE
FLUIDIGM CORP COMMON STOCK 34385P108 296 15,996 SH SOLE
FOREST LABORATORIES INC. COMMON STOCK 345838106 565 14,864 SH SOLE
GAMESTOP CORPORATION COMMON STOCK 36467W109 1,231 44,000 SH SOLE
GARMIN LTD. COMMON STOCK H2906T109 5,191 157,050 SH SOLE
GENTIVA HEALTH SERVICES, INC. COMMON STOCK 37247A102 143 13,255 SH SOLE
GILEAD SCIENCES, INC. COMMON STOCK 375558103 1,216 24,840 SH SOLE
GNC ACQUISITION HOLDINGS INC COMMON STOCK 36191G107 15,272 388,790 SH SOLE
GOOGLE INC-CL A COMMON STOCK 38259P508 9,356 11,780 SH SOLE
GRAY TELEVISION, INC. COMMON STOCK 389375205 74 18,000 SH SOLE
GREATBATCH INC. COMMON STOCK 39153L106 247 8,268 SH SOLE
HCA HOLDINGS INC. COMMON STOCK 40412C101 1,832 45,100 SH DEFINED
HEALTH MANAGEMENT ASSOCIATES COMMON STOCK 421933102 1,261 98,000 SH DEFINED
HEALTHCARE SERVICES GROUP COMMON STOCK 421906108 848 33,087 SH SOLE
HEALTHSOUTH CORPORATION COMMON STOCK 421924309 1,345 51,000 SH DEFINED
HEALTHSTREAM INC. COMMON STOCK 42222N103 1,444 62,967 SH DEFINED
HERTZ GLOBAL HOLDINGS INC. COMMON STOCK 42805T105 20,321 912,915 SH SOLE
HORIZON PHARMA INC COMMON STOCK 44047T109 108 40,000 SH SOLE
HYPERION THERAPEUTICS INC COMMON STOCK 44915N101 333 12,902 SH SOLE
ICON PLC - SPONSORED ADR COMMON STOCK G4705A100 1,548 47,948 SH DEFINED
INBEV NV COMMON STOCK 03524A108 12,195 122,500 SH SOLE
INFORMATICA CORPORATION COMMON STOCK 45666Q102 10,828 314,129 SH SOLE
INTERCEPT PHARMACEUTICALS INC COMMON STOCK 45845P108 459 12,276 SH SOLE
ISHARES MSCI CANADA EXCHANGE TRADED FUNDS 464286509 998 35,000 SH SOLE
JPMORGAN CHASE & CO. COMMON STOCK 46625H100 9,096 191,650 SH SOLE
K12 INC COMMON STOCK 48273U102 2,742 113,737 SH SOLE
KERYX BIOPHARMACEUTICALS INC. COMMON STOCK 492515101 578 82,000 SH DEFINED
LAZARD LTD LTD PARTNERSHIP G54050102 11,950 350,144 SH SOLE
LIFE TIME FITNESS COMMON STOCK 53217R207 21,441 501,192 SH SOLE
LORAL COMMUNICATIONS OPTIONS 543881906 46,599 18,000 SH CALL SOLE
MANAGED HI YLD PLUS FUND INC CLOSE END FIXED INCOME
MUTUAL FUNDS 561911108 50 23,040 SH SOLE
MARKET VECTORS STEEL INDEX F EXCHANGE TRADED FUNDS 57060U308 261 6,000 SH SOLE
MCJUNKIN RED MAN CORPORATION COMMON STOCK 55345K103 14,772 448,600 SH SOLE
MEDIVATION INC. COMMON STOCK 58501N101 1,263 27,000 SH DEFINED
METROPCS COMMUNICATIONS COMMON STOCK 591708102 40,213 3,689,245 SH DEFINED
METROPCS COMMUNICATIONS OPTIONS 591708902 385 1,000 SH CALL SOLE
MICHAEL KORS HOLDINGS LTD COMMON STOCK G60754101 29,420 518,050 SH SOLE
MICROSOFT CORPORATION COMMON STOCK 594918104 12,048 421,200 SH SOLE
MICROVISION, INC. EQUITY WARRANTS 594960163 11 402,361 SH DEFINED
MOLINA HEALTHCARE, INC COMMON STOCK 60855R100 276 8,935 SH SOLE
MONOLITHIC POWER SYSTEM INC. COMMON STOCK 609839105 13,378 548,934 SH SOLE
MORGAN STANLEY COMMON STOCK 617446448 18,796 855,150 SH SOLE
NETAPP INC COMMON STOCK 64110D104 502 14,700 SH SOLE
NEWS CORP-CLASS B COMMON STOCK 65248E104 14,575 477,700 SH SOLE
NEXPOINT CREDIT STRATEGIES FUND
(FKA HIGHLAND CREDIT STRATEGIES
FUND) CLOSE END FIXED INCOME
MUTUAL FUNDS 65340G106 5,058 658,581 SH SOLE
NORFOLK SOUTHERN CORPORATION COMMON STOCK 655844108 4,794 62,200 SH SOLE
NOVADAQ TECHNOLOGIES INC COMMON STOCK 66987G102 357 36,071 SH SOLE
NPS PHARMACEUTICALS COMMON STOCK 62936P103 1,356 132,922 SH DEFINED
NUPATHE INC COMMON STOCK 67059M100 128 37,229 SH SOLE
NXP SEMICONDUCTOR NV COMMON STOCK N6596X109 7,838 258,750 SH SOLE
OCCULOGIX INC. COMMON STOCK 878193101 483 70,000 SH DEFINED
OMNICELL INC. COMMON STOCK 68213N109 429 22,745 SH SOLE
ORASURE TECHNOLOGIES INC. COMMON STOCK 68554V108 172 31,834 SH SOLE
PAREXEL INTERNATIONAL CORPORATION COMMON STOCK 699462107 328 8,289 SH SOLE
PENDRELL CORPORATION ( F.K.A. ICO
GLOBAL COMMUNICATIONS) COMMON STOCK 70686R104 75,715 45,611,145 SH DEFINED
PFIZER, INC. COMMON STOCK 717081103 9,769 338,500 SH SOLE
PIMCO 0-5 YEAR H/Y CORP BOND EXCHANGE TRADED FUNDS 72201R783 523 5,000 SH SOLE
PLAINS ALL AMER PIPELINE LP LTD PARTNERSHIP 726503105 223 3,945 SH SOLE
PROGENICS PHARMACEUTICALS COMMON STOCK 743187106 11,765 2,186,853 SH SOLE
PROSHARES ULTRA SILVER EXCHANGE TRADED FUNDS 74347W841 27,256 722,000 SH SOLE
QUANTA SERVICES COMMON STOCK 74762E102 17,654 617,700 SH SOLE
RELIANCE STEEL & ALUMINUM COMMON STOCK 759509102 228 3,200 SH SOLE
REPROS THERAPEUTICS INC. COMMON STOCK 76028H209 1,208 75,000 SH DEFINED
SBA TELECOMMUNICATIONS INC. COMMON STOCK 78388J106 20,772 288,496 SH SOLE
SEQUENOM INC. COMMON STOCK 817337405 753 181,385 SH DEFINED
SIRONA DENTAL SYSTEMS INC. COMMON STOCK 82966C103 754 10,223 SH SOLE
SKILLED HEALTHCARE GROUP, INC. COMMON STOCK 83066R107 588 89,491 SH DEFINED
SNLN US EXCHANGE TRADED FUNDS 430101774 38,191 1,900,000 SH DEFINED
SPDR LEHMAN HIGH YIELD BOND EXCHANGE TRADED FUNDS 78464A417 3,700 90,000 SH SOLE
SPDR TRUST SERIES 1 EXCHANGE TRADED FUNDS 78462F103 940 6,000 SH SOLE
SPIRIT REALTY CAPITAL, INC. (FKA
SPIRIT FINANCE CORPORATION) EQUITY 84860F109 63,101 3,321,123 SH DEFINED
SPRINT NEXTEL CORPORATION COMMON STOCK 852061100 10,851 1,747,300 SH SOLE
STAPLES INC. COMMON STOCK 855030102 13,791 1,027,650 SH SOLE
SWS GROUP INC. COMMON STOCK 78503N107 8,981 1,484,432 SH DEFINED
SYMANTEC CORPORATION COMMON STOCK 871503108 26,181 1,060,800 SH SOLE
TIME WARNER INC. COMMON STOCK 887317303 4,079 70,800 SH SOLE
TORCHMARK CORP. COMMON STOCK 891027104 4,802 80,300 SH SOLE
TORNIER NV COMMON STOCK N87237108 663 35,170 SH SOLE
ULTRASHORT QQQ PROSHARES EXCHANGE TRADED FUNDS 74347X237 259 10,000 SH SOLE
ULTRASHORT RUSSELL2000 PROSH EXCHANGE TRADED FUNDS 74348A202 7,568 383,400 SH SOLE
UNITED STATES STEEL CORP. COMMON STOCK 912909108 4,709 241,500 SH SOLE
VANDA PHARMACEUTICALS INC. COMMON STOCK 921659108 451 115,000 SH DEFINED
VANGUARD HEALTH HOLDING COMPANY
II, LLC (VANGUARD HEALTH SYSTEM,
INC.) COMMON STOCK 922036207 387 26,034 SH SOLE
VISTEON CORPORATION COMMON STOCK 92839U206 4,835 83,800 SH SOLE
VOCERA COMMUNICATIONS INC COMMON STOCK 92857F107 807 35,095 SH SOLE
VODAFONE GROUP PLC EQUITY 92857W209 12,090 4,237,600 SH SOLE
WRIGHT MEDICAL GROUP INC. EQUITY WARRANTS 98235T115 75 30,000 SH SOLE
XEROX CORPORATION COMMON STOCK 984121103 5,911 687,350 SH SOLE