WESTCHESTER CAPITAL MANAGEMENT INC [Rocket]

Holdings

WESTCHESTER CAPITAL MANAGEMENT INC

Changes: All | New | Increased | Decreased | Sold Out

Portfolio as of:

Name	Ticker	Class	Shares	Change	Value	Change	% Port	% OS	Hist	Date
ALCON INC	ACL	Common	1,843,994	1,111,093	301,309,000	179,069,000	8.05		Hist	12/31/2010
KING PHARMACEUTICALS INC	KG	Common	12,674,964	10,355,664	178,083,000	158,809,617	4.76		Hist	12/31/2010
Alberto-Culver CO	ACV	COM	3,911,887	2,727,668	144,896,000	100,310,000	3.87		Hist	12/31/2010
NOVELL INC	NOVL	Common	11,499,800	11,374,800	68,079,000	67,330,000	1.82		Hist	12/31/2010
QWEST COMMUNICATIONS INTERNATIONAL INC	Q	Common	31,599,600	3,525,800	240,473,000	64,450,000	6.42	1.81	Hist	12/31/2010
Old COPPER Company, Inc.	JCP	Common	2,049,900	1,849,900	66,232,000	55,848,000	1.77		Hist	12/31/2010
McAfee, Inc.	MFE	Common	5,346,335	997,040	247,589,000	42,041,000	6.61		Hist	12/31/2010
GENZYME CORP	GENZ	Common	1,870,302	478,900	133,165,000	34,667,000	3.56		Hist	12/31/2010
COMCAST CORP	CMCSK	Common	3,117,200	931,300	64,869,000	27,687,000	1.73		Hist	12/31/2010
SLM Corp	SLM	Common	5,022,800	1,772,800	63,237,000	25,699,000	1.69	1.03	Hist	12/31/2010
Motorola Solutions, Inc.	MOT	Common	5,355,400	2,549,700	48,574,000	24,641,000	1.30		Hist	12/31/2010
ALTABA INC.	YHOO	Common	1,434,400	1,434,350	23,854,000	23,853,110	0.64		Hist	12/31/2010
AIRTRAN HOLDINGS INC	AAI	Common	7,599,500	2,849,500	56,160,000	21,247,000	1.50	5.61	Hist	12/31/2010
TWENTY-FIRST CENTURY FOX, INC.	NWS.A	CL A	1,190,500	250,000	17,334,000	5,051,000	0.46		Hist	12/31/2010
ALLEGHENY ENERGY, INC	AYE	Common	4,372,600	207,600	105,992,000	3,866,000	2.83		Hist	12/31/2010
AMERICAN ELECTRIC POWER CO INC	AEP	PUT	1,452	1,050	5,225,000	3,769,000	0.14		Hist	12/31/2010
AMERICAN ELECTRIC POWER CO INC	AEP	Common	145,200	105,000	5,224,000	3,768,000	0.14		Hist	12/31/2010
EMC CORP	EMC	Common	350,000	50,000	8,015,000	1,922,000	0.21	0.02	Hist	12/31/2010
AIRGAS INC	ARG	Common	1,625,261	147,400	101,514,000	1,094,000	2.71		Hist	12/31/2010
VERIZON COMMUNICATIONS INC	VZ	Put	1,365	185	4,884,000	1,039,000	0.13		Hist	12/31/2010
DOLLAR THRIFTY AUTOMOTIVE GROUP INC	DTG	Common	2,078,242	52,351	98,217,000	-3,361,000	2.62		Hist	12/31/2010