-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, H2vZ/Btqw8NiCLgzesnuhcRaRN5FPhlR6UzUSV1XMtIiDDj2q8fkkdLvywYBnpZd 5u4aTQjmHXAcsk6JhCdaGQ== 0001158202-08-000001.txt : 20080110 0001158202-08-000001.hdr.sgml : 20080110 20080110122142 ACCESSION NUMBER: 0001158202-08-000001 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20071231 FILED AS OF DATE: 20080110 DATE AS OF CHANGE: 20080110 EFFECTIVENESS DATE: 20080110 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PENN CAPITAL MANAGEMENT CO INC CENTRAL INDEX KEY: 0001158202 IRS NUMBER: 222796848 STATE OF INCORPORATION: NJ FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-11296 FILM NUMBER: 08522784 BUSINESS ADDRESS: STREET 1: 457 HADDONFIELD ROAD, STE. 210 CITY: CHERRY HILL STATE: NJ ZIP: 08002 BUSINESS PHONE: 8569107670 MAIL ADDRESS: STREET 1: 457 HADDONFIELD ROAD, STE. 210 CITY: CHERRY HILL STATE: NJ ZIP: 08002 13F-HR 1 iv07filing.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13 FORM 13F COVER PAGE Report for the Calendar Year or Quarter Ended: DECEMBER 31, 2007 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: PENN Capital Management Co, Inc. Address: 457 Haddonfield Road, Suite 210, Cherry Hill, NJ 08002 Form 13F File Number: 28-00014 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: Eric J. Green Title: Director of Research Phone: 856-910-8181 Signature, Place, and Date of Signing: Eric J. Green Cherry Hill, New Jersey JANUARY 10, 2008 Report Type (Check only one.): [X] 13F HOLDINGS REPORT. [ ] 13F NOTICE. [ ] 13F COMBINATION REPORT. 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: 217 Form 13F Information Table Value Total: $3,482,997 List of Other Included Managers: NONE Issuer Class CUSIP Value Shrs/ SH/ PUT/ Inv. Other Vot. Authority (x1000) PRN AMT PRN CALL Discretion Managers Sole Shared None * GLOBAL CROSSING LTD SHS G3921A 17 5 14,933 677,200 SH SOLE 677,200 HERBALIFE LTD COM G4412G 10 1 9,854 244,633 SH SOLE 244,633 MARVELL TECH GRP LTD ORD G5876H 10 5 7,952 568,799 SH SOLE 568,799 MONTPELIER RE HLDGS LTD SHS G62185 10 6 35,588 2,092,139 SH SOLE 2,092,139 NOBLE CORPORATION SHS G65422 10 0 11,474 203,047 SH SOLE 203,047 RENAISSANCERE HLDGS LTD COM G7496G 10 3 34,130 566,572 SH SOLE 566,572 MILLICOM INTL CELLULAR S A SHS L6388F 11 0 30,802 261,162 SH SOLE 261,162 BOYD GAMING CORP COM 103304 10 1 24,123 708,041 SH SOLE 708,041 BROADCOM CORP CL A 111320 10 7 8,183 313,016 SH SOLE 313,016 BUCKEYE TECHNOLOGIES INC COM 118255 10 8 139 11,100 SH SOLE 11,100 CARMIKE CINEMAS INC COM 143436 40 0 184 25,405 SH SOLE 25,405 CARPENTER TECHNOLOGY CORP COM 144285 10 3 15,794 210,118 SH SOLE 210,118 * CERADYNE INC COM 156710 10 5 11,180 238,228 SH SOLE 238,228 CHEESECAKE FACTORY INC COM 163072 10 1 38,181 1,610,288 SH SOLE 1,610,288 CHESAPEAKE ENERGY CORP COM 165167 10 7 11,520 293,870 SH SOLE 293,870 CHESAPEAKE ENERGY CORP PFD CV 165167 84 2 1,730 15,415 SH SOLE 15,415 CHIPOTLE MEXICAN GRILL INC CL B 169656 20 4 605 4,915 SH SOLE 4,915 CHOICE HOTELS INTL INC COM 169905 10 6 16,299 490,921 SH SOLE 490,921 CINCINNATI BELL INC NEW COM 171871 10 6 16,776 3,531,874 SH SOLE 3,531,874 COLEMAN CABLE INC COM 193459 30 2 106 11,181 SH SOLE 11,181 * COMMSCOPE INC COM 203372 10 7 40,655 826,151 SH SOLE 826,151 COMSTOCK RES INC COM 205768 20 3 45,586 1,340,764 SH SOLE 1,340,764 CONEXANT SYSTEMS INC NOTE 207142 AH 3 2,051 2,545,000 PRN SOLE 2,545,000 CONTINENTAL AIRLS INC NOTE 210795 PJ 3 131 100,000 PRN SOLE 100,000 CONTINENTAL AIRLS INC CL B 210795 30 8 23,785 1,068,970 SH SOLE 1,068,970 CORINTHIAN COLLEGES INC COM 218868 10 7 301 19,530 SH SOLE 19,530 COVAD COMMUNICATIONS GROUP I COM 222814 20 4 358 415,985 SH SOLE 415,985 CROWN CASTLE INTL CORP COM 228227 10 4 17,335 416,713 SH SOLE 416,713 DELEK US HLDGS INC COM 246647 10 1 202 9,970 SH SOLE 9,970 DIALYSIS CORP AMER COM 252529 10 2 225 26,460 SH SOLE 26,460 DIGITAL RLTY TR INC COM 253868 10 3 28,309 737,779 SH SOLE 737,779 DOLLAR FINL CORP COM 256664 10 3 12,616 411,067 SH SOLE 411,067 ELLIS PERRY INTL INC COM 288853 10 4 163 10,575 SH SOLE 10,575 EMERITUS CORP COM 291005 10 6 6,931 275,573 SH SOLE 275,573 EXPRESS SCRIPTS INC COM 302182 10 0 12,632 173,043 SH SOLE 173,043 FAIRCHILD SEMICONDUCTOR INTL COM 303726 10 3 7,758 537,592 SH SOLE 537,592 FOREST LABS INC COM 345838 10 6 5,648 154,963 SH SOLE 154,963 GASCO ENERGY INC COM 367220 10 0 13,212 6,638,843 SH SOLE 6,638,843 GAYLORD ENTMT CO NEW COM 367905 10 6 56,248 1,389,855 SH SOLE 1,389,855 GENERAL CABLE CORP DEL NEW NOTE 369300 AD 0 80 50,000 PRN SOLE 50,000 GENERAL CABLE CORP DEL NEW COM 369300 10 8 32,497 443,468 SH SOLE 443,468 GENESEE & WYO INC CL A 371559 10 5 2,996 123,948 SH SOLE 123,948 GLOBAL CASH ACCESS HLDGS INC COM 378967 10 3 757 124,920 SH SOLE 124,920 GOODRICH CORP COM 382388 10 6 11,753 166,463 SH SOLE 166,463 GREAT WOLF RESORTS INC COM 391523 10 7 236 24,085 SH SOLE 24,085 GREY WOLF INC COM 397888 10 8 152 28,573 SH SOLE 28,573 * HAIN CELESTIAL GROUP INC COM 405217 10 0 30,229 944,661 SH SOLE 944,661 HALLIBURTON CO NOTE 406216 AM 3 511 250,000 PRN SOLE 250,000 HARRAHS ENTMT INC COM 413619 10 7 468 5,270 SH SOLE 5,270 HAYES LEMMERZ INTL INC COM 420781 30 4 117 25,540 SH SOLE 25,540 HEALTHEXTRAS INC COM 422211 10 2 19,432 745,090 SH SOLE 745,090 * HEALTHWAYS INC COM 422245 10 0 11,145 190,702 SH SOLE 190,702 HELMERICH & PAYNE INC COM 423452 10 1 33,289 830,798 SH SOLE 830,798 HERCULES OFFSHORE INC COM 427093 10 9 18,555 780,316 SH SOLE 780,316 HERSHA HOSPITALITY TR SH 427825 10 4 189 19,895 SH SOLE 19,895 HEXCEL CORP NEW COM 428291 10 8 14,112 581,195 SH SOLE 581,195 HOLLY CORP COM 435758 30 5 26,332 517,444 SH SOLE 517,444 HORNBECK OFFSHORE SVCS INC N COM 440543 10 6 208 4,620 SH SOLE 4,620 HORSEHEAD HLDG CORP COM 440694 30 5 10,288 606,205 SH SOLE 606,205 HUB GROUP INC CL A 443320 10 6 13,474 506,913 SH SOLE 506,913 HUNT J B TRANS SVCS INC COM 445658 10 7 35,812 1,299,854 SH SOLE 1,299,854 HUNTSMAN CORP COM 447011 10 7 310 12,060 SH SOLE 12,060 ICONIX BRAND GROUP INC COM 451055 10 7 15,505 788,642 SH SOLE 788,642 INTL GAME TECH DBCV 459902 AP 7 1,189 1,170,000 PRN SOLE 1,170,000 INTL GAME TECH COM 459902 10 2 12,813 291,681 SH SOLE 291,681 * ISHARES TR RSSL 464287 49 9 10,897 105,234 SH SOLE 105,234 * ISHARES TR RSSL 464287 65 5 17,325 228,197 SH SOLE 228,197 * ISHARES TR RSL IDX 464288 86 9 350 6,620 SH SOLE 6,620 ISLE OF CAPRI CASINOS INC COM 464592 10 4 9,912 719,861 SH SOLE 719,861 JARDEN CORP COM 471109 10 8 11,382 482,062 SH SOLE 482,062 KANSAS CITY SOUTHERN COM 485170 30 2 62,010 1,806,305 SH SOLE 1,806,305 KIRBY CORP COM 497266 10 6 11,295 243,018 SH SOLE 243,018 LAMAR ADVERTISING CO CL A 512815 10 1 20,259 421,450 SH SOLE 421,450 LEAP WIRELESS INTL INC COM 521863 30 8 61,455 1,317,630 SH SOLE 1,317,630 LEGG MASON INC COM 524901 10 5 6,634 90,703 SH SOLE 90,703 LODGENET ENTMT CORP COM 540211 10 9 11,239 644,447 SH SOLE 644,447 LUCENT TECHNOLOGIES INC DBCV 549463 AG 2 73 80,000 PRN SOLE 80,000 MAGELLAN HEALTH SVCS INC COM 559079 20 7 49,793 1,067,835 SH SOLE 1,067,835 MARATHON ACQUISITION CORP UNIT 565756 20 2 578 61,975 SH SOLE 61,975 MARTEK BIOSCIENCES CORP COM 572901 10 6 11,366 384,274 SH SOLE 384,274 MATRIA HEALTHCARE INC COM 576817 20 9 25,055 1,054,058 SH SOLE 1,054,058 * MICROS SYS INC COM 594901 10 0 14,686 209,316 SH SOLE 209,316 MICRON TECHNOLOGY INC COM 595112 10 3 14,282 1,970,114 SH SOLE 1,970,114 MICROSEMI CORP COM 595137 10 0 18,810 849,613 SH SOLE 849,613 * MINDSPEED TECH INC COM 602682 10 6 166 136,275 SH SOLE 136,275 MOODYS CORP COM 615369 10 5 7,545 211,356 SH SOLE 211,356 NBTY INC COM 628782 10 4 42,745 1,529,277 SH SOLE 1,529,277 NRG ENERGY INC COM 629377 50 8 10,745 247,935 SH SOLE 247,935 NASDAQ STOCK MARKET INC COM 631103 10 8 51,240 1,035,374 SH SOLE 1,035,374 NATIONAL CINEMEDIA INC COM 635309 10 7 16,107 638,907 SH SOLE 638,907 NAVIGATORS GROUP INC COM 638904 10 2 640 9,852 SH SOLE 9,852 * NORDSTROM INC COM 655664 10 0 7,331 199,574 SH SOLE 199,574 NORFOLK SOUTHERN CORP COM 655844 10 8 320 6,340 SH SOLE 6,340 NORTHWEST AIRLS CORP COM 667280 40 8 14,091 971,088 SH SOLE 971,088 * NOVELL INC COM 670006 10 5 16,651 2,423,676 SH SOLE 2,423,676 OMNICARE INC DBCV 681904 AL 2 2,625 3,595,000 PRN SOLE 3,595,000 * OMNICARE INC COM 681904 10 8 15,515 680,172 SH SOLE 680,172 OMEGA HEALTHCARE INVS INC COM 681936 10 0 229 14,260 SH SOLE 14,260 ON SEMICONDUCTOR CORP COM 682189 10 5 50,196 5,652,556 SH SOLE 5,652,556 ORBITAL SCIENCES CORP COM 685564 10 6 11,854 483,491 SH SOLE 483,491 PENN NATL GAMING INC COM 707569 10 9 19,735 331,404 SH SOLE 331,404 PETROHAWK ENERGY CORP COM 716495 10 6 20,489 1,183,608 SH SOLE 1,183,608 * PETSMART INC COM 716768 10 6 22,419 952,818 SH SOLE 952,818 PHILLIPS VAN HEUSEN CORP COM 718592 10 8 6,704 181,878 SH SOLE 181,878 PINNACLE ENTMT INC COM 723456 10 9 73,560 3,122,250 SH SOLE 3,122,250 QUANTUM CORP COM 747906 20 4 27 10,000 SH SOLE 10,000 REGAL ENTMT GROUP CL A 758766 10 9 21,763 1,204,361 SH SOLE 1,204,361 ROWAN COS INC COM 779382 10 0 46,249 1,172,034 SH SOLE 1,172,034 SAVVIS INC NOTE 805423 AA 8 2,903 3,450,000 PRN SOLE 3,450,000 SAVVIS INC COM 805423 30 8 64,791 2,321,438 SH SOLE 2,321,438 SELECTIVE INS GROUP INC COM 816300 10 7 13,327 579,678 SH SOLE 579,678 SHUFFLE MASTER INC NOTE 825549 AB 4 1,815 2,000,000 PRN SOLE 2,000,000 SHUFFLE MASTER INC COM 825549 10 8 201 16,800 SH SOLE 16,800 SOUTHWESTERN ENERGY CO COM 845467 10 9 41,048 736,692 SH SOLE 736,692 STARBUCKS CORP COM 855244 10 9 3,824 186,754 SH SOLE 186,754 SUN HEALTHCARE GROUP INC COM 866933 40 1 174 10,150 SH SOLE 10,150 THQ INC COM 872443 40 3 7,204 255,557 SH SOLE 255,557 TERREMARK WORLDWIDE INC NOTE 881448 AC 8 153 150,000 PRN SOLE 150,000 TERREMARK WORLDWIDE INC COM 881448 20 3 13,429 2,066,060 SH SOLE 2,066,060 TEXAS ROADHOUSE INC CL A 882681 10 9 199 17,965 SH SOLE 17,965 TIME WARNER TELECOM INC CL A 887319 10 1 28,388 1,399,140 SH SOLE 1,399,140 TITANIUM METALS CORP COM 888339 20 7 35,721 1,350,460 SH SOLE 1,350,460 TRANSACT TECHNOLOGIES INC COM 892918 10 3 251 52,444 SH SOLE 52,444 TRIZETTO GROUP INC COM 896882 10 7 13,760 792,183 SH SOLE 792,183 ULTRA PETROLEUM CORP COM 903914 10 9 43,262 605,069 SH SOLE 605,069 UNITED AUTO GROUP INC NOTE 909440 AH 2 249 250,000 PRN SOLE 250,000 UNITED STATES NATL GAS FUND UNIT 912318 10 2 1,471 40,575 SH SOLE 40,575 UNIVERSAL HLTH SVCS INC CL B 913903 10 0 29,982 585,583 SH SOLE 585,583 WMS INDS INC COM 929297 10 9 347 9,470 SH SOLE 9,470 WADDELL & REED FINL INC CL A 930059 10 0 10,252 284,076 SH SOLE 284,076 WHOLE FOODS MKT INC COM 966837 10 6 14,388 352,657 SH SOLE 352,657 WILLBROS GROUP INC COM 969199 10 8 509 13,305 SH SOLE 13,305 ATP OIL & GAS CORP COM 00208J 10 8 14,822 293,254 SH SOLE 293,254 ADVANCED MED OPTICS INC NOTE 00763M AK 4 2,142 2,625,000 PRN SOLE 2,625,000 ADVANCED MED OPTICS INC COM 00763M 10 8 39,170 1,563,494 SH SOLE 1,563,494 AFFILIATED MANAGERS GROUP COM 008252 10 8 16,507 140,531 SH SOLE 140,531 AKAMAI TECHNOLOGIES INC COM 00971T 10 1 19,576 565,756 SH SOLE 565,756 ALLEGHANY CORP DEL COM 017175 10 0 33,240 82,689 SH SOLE 82,689 ALPHARMA INC CL A 020813 10 1 12,387 614,766 SH SOLE 614,766 AMER EAGLE OUTFITTERS NE COM 02553E 10 6 26,402 1,271,148 SH SOLE 1,271,148 AMER EQTY INVT LIFE HLD COM 025676 20 6 10,174 1,227,261 SH SOLE 1,227,261 AMER TOWER CORP CL A 029912 20 1 16,670 391,327 SH SOLE 391,327 AMERICREDIT CORP NOTE 03060R AM 3 1,295 1,350,000 PRN SOLE 1,350,000 AMERICREDIT CORP NOTE 03060R AR 2 2,167 3,235,000 PRN SOLE 3,235,000 AMERISTAR CASINOS INC COM 03070Q 10 1 72,793 2,581,871 SH SOLE 2,581,871 ARCH COAL INC COM 039380 10 0 53,304 1,186,402 SH SOLE 1,186,402 ARIBA INC COM 04033V 20 3 17,581 1,576,789 SH SOLE 1,576,789 * ARRIS GROUP INC COM 04269Q 10 0 51,278 5,138,165 SH SOLE 5,138,165 ASSURANT INC COM 04621X 10 8 10,889 162,769 SH SOLE 162,769 ATWOOD OCEANICS INC COM 050095 10 8 16,791 167,503 SH SOLE 167,503 * AVANEX CORP COM 05348W 10 9 127 127,325 SH SOLE 127,325 BALLY TECHNOLOGIES INC COM 05874B 10 7 43,897 882,871 SH SOLE 882,871 BARR PHARMACEUTICALS INC COM 068306 10 9 33,495 630,800 SH SOLE 630,800 BARRETT BILL CORP COM 06846N 10 4 17,917 427,888 SH SOLE 427,888 BE AEROSPACE INC COM 073302 10 1 661 12,490 SH SOLE 12,490 BEBE STORES INC COM 075571 10 9 31,463 2,446,592 SH SOLE 2,446,592 BELDEN INC COM 077454 10 6 31,671 711,689 SH SOLE 711,689 * BOIS D ARC ENERGY INC COM 09738U 10 3 289 14,550 SH SOLE 14,550 BOOKHAM INC COM 09856E 10 5 9,661 4,059,375 SH SOLE 4,059,375 CAL DIVE INTL INC DEL COM 12802T 10 1 144 10,874 SH SOLE 10,874 CANADIAN PAC RY LTD COM 13645T 10 0 7,940 122,829 SH SOLE 122,829 CENTENNIAL COMM CORP N CL A 15133V 20 8 1,227 132,075 SH SOLE 132,075 CHART INDS INC COM 16115Q 30 8 9,838 318,380 SH SOLE 318,380 CHARTER COMMUNICATIONS INC D NOTE 16117M AF 4 201 327,000 PRN SOLE 327,000 CINEMARK HOLDINGS INC COM 17243V 10 2 12,671 745,335 SH SOLE 745,335 CITIZENS COMM CO COM 17453B 10 1 20,379 1,600,811 SH SOLE 1,600,811 * COINSTAR INC COM 19259P 30 0 12,886 457,766 SH SOLE 457,766 COLLECTIVE BRANDS INC COM 19421W 10 0 16,552 951,775 SH SOLE 951,775 DRS TECHNOLOGIES INC COM 23330X 10 0 19,967 367,912 SH SOLE 367,912 DYNEGY INC DEL CL A 26817G 10 2 32,309 4,525,154 SH SOLE 4,525,154 FELCOR LODGING TR INC COM 31430F 10 1 45,228 2,901,042 SH SOLE 2,901,042 FELCOR LODGING TR INC PFD CV 31430F 20 0 322 15,600 SH SOLE 15,600 FINISAR COM 31787A 10 1 22,436 15,473,143 SH SOLE 15,473,143 * FOUNDATION COAL HLDGS INC COM 35039W 10 0 23,837 454,046 SH SOLE 454,046 FUQI INTERNATIONAL INC COM 36102A 20 7 138 16,660 SH SOLE 16,660 GLOBAL PMTS INC COM 37940X 10 2 38,070 818,368 SH SOLE 818,368 GRANT PRIDECO INC COM 38821G 10 1 365 6,577 SH SOLE 6,577 HOST HOTELS & RESORTS INC COM 44107P 10 4 9,788 574,433 SH SOLE 574,433 * INTERNAP NETWORK SVCS CORP COM 45885A 30 0 159 19,100 SH SOLE 19,100 * INTL COAL GRP INC N COM 45928H 10 6 250 46,595 SH SOLE 46,595 INTERSTATE HOTELS & RESRTS I COM 46088S 10 6 162 41,025 SH SOLE 41,025 * KBR INC COM 48242W 10 6 35,200 907,258 SH SOLE 907,258 LABORATORY CORP AMER HLDGS COM 50540R 40 9 41,284 546,593 SH SOLE 546,593 LEVEL 3 COMM INC COM 52729N 10 0 33,129 10,897,889 SH SOLE 10,897,889 LIFEPOINT HOSPITALS INC COM 53219L 10 9 24,378 819,734 SH SOLE 819,734 MARVEL ENTERTAINMENT INC COM 57383T 10 3 14,198 531,566 SH SOLE 531,566 MIRANT CORP NEW COM 60467R 10 0 34,635 888,541 SH SOLE 888,541 MORGANS HOTEL GROUP CO COM 61748W 10 8 226 11,725 SH SOLE 11,725 NII HLDGS INC CL B 62913F 20 1 15,952 330,137 SH SOLE 330,137 NATL FINL PARTNERS CORP COM 63607P 20 8 19,740 432,794 SH SOLE 432,794 NAVISITE INC COM 63935M 20 8 223 44,115 SH SOLE 44,115 NTELOS HLDGS CORP COM 67020Q 10 7 903 30,430 SH SOLE 30,430 OPTIUM CORP COM 68402T 10 7 149 18,900 SH SOLE 18,900 P F CHANGS CHINA BISTRO INC COM 69333Y 10 8 14,275 624,999 SH SOLE 624,999 PMC-SIERRA INC COM 69344F 10 6 52,801 7,848,554 SH SOLE 7,848,554 PANERA BREAD CO CL A 69840W 10 8 42,855 1,196,366 SH SOLE 1,196,366 PATRIOT COAL CORP COM 70336T 10 4 376 9,012 SH SOLE 9,012 PRIDE INTL INC DEL NOTE 74153Q AD 4 61 45,000 PRN SOLE 45,000 PRIDE INTL INC DEL COM 74153Q 10 2 22,824 673,285 SH SOLE 673,285 PROGRESSIVE GAMING INTL CORP COM 74332S 10 2 169 68,330 SH SOLE 68,330 QUEST DIAGNOSTICS INC COM 74834L 10 0 10,448 197,505 SH SOLE 197,505 RTI INTL METALS INC COM 74973W 10 7 31,812 461,525 SH SOLE 461,525 RADIANT SYSTEMS INC COM 75025N 10 2 187 10,840 SH SOLE 10,840 RANGE RES CORP COM 75281A 10 9 9,244 179,999 SH SOLE 179,999 RELIANT ENERGY INC COM 75952B 10 5 24,480 932,930 SH SOLE 932,930 SBA COMM CORP NOTE 78388J AJ 5 56 50,000 PRN SOLE 50,000 SBA COMM CORP COM 78388J 10 6 75,576 2,233,336 SH SOLE 2,233,336 SCIENTIFIC GAMES CORP CL A 80874P 10 9 9,276 278,967 SH SOLE 278,967 SKILLED HEALTHCARE GROUP INC CL A 83066R 10 7 161 11,010 SH SOLE 11,010 SUNCOM WIRELESS HLDGS INC CL A 86722Q 20 7 483 18,110 SH SOLE 18,110 * SUNOPTA INC COM 8676EP 10 8 153 11,445 SH SOLE 11,445 TEMPUR PEDIC INTL INC COM 88023U 10 1 14,652 564,186 SH SOLE 564,186 USEC INC COM 90333E 10 8 13,422 1,491,300 SH SOLE 1,491,300 U S AIRWAYS GROUP INC COM 90341W 10 8 28,749 1,954,230 SH SOLE 1,954,230 * VALUECLICK INC COM 92046N 10 2 14,724 672,373 SH SOLE 672,373 VARIAN MED SYS INC COM 92220P 10 5 11,062 212,075 SH SOLE 212,075 WYNDHAM WORLDWIDE CORP COM 98310W 10 8 23,756 1,008,355 SH SOLE 1,008,355 TOTAL 3,482,997 -----END PRIVACY-ENHANCED MESSAGE-----