<SEC-DOCUMENT>0000919574-11-004557.txt : 20110815
<SEC-HEADER>0000919574-11-004557.hdr.sgml : 20110815
<ACCEPTANCE-DATETIME>20110812174613
ACCESSION NUMBER:		0000919574-11-004557
CONFORMED SUBMISSION TYPE:	13F-HR
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20110630
FILED AS OF DATE:		20110815
DATE AS OF CHANGE:		20110812
EFFECTIVENESS DATE:		20110815

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			KINGDON CAPITAL MANAGEMENT LLC
		CENTRAL INDEX KEY:			0001000097

	FILING VALUES:
		FORM TYPE:		13F-HR
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	028-04575
		FILM NUMBER:		111032537

	BUSINESS ADDRESS:	
		STREET 1:		157 WEST 57TH STREET 50TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10019
		BUSINESS PHONE:		2123330100

	MAIL ADDRESS:	
		STREET 1:		152 WEST 57TH STREET 50 FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10019

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	KINGDON CAPITAL MANAGEMENT CORP
		DATE OF NAME CHANGE:	19960408
</SEC-HEADER>
<DOCUMENT>
<TYPE>13F-HR
<SEQUENCE>1
<FILENAME>d1219581_13f-hr.txt
<TEXT>

                                 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, 2011

Check here if Amendment:         |_|; Amendment Number:

This Amendment (Check only one): |_| is a restatement
                                 |_| adds new holding entries.

Institutional Manager Filing this Report:

Name:       Kingdon Capital Management, L.L.C.

Address:    152 West 57th Street
            New York, New York 10019

13F File Number: 28-04575

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:       William Walsh
Title:      Chief Financial Officer
Phone:      (212) 333-0100

Signature, Place and Date of Signing:


/s/ William Walsh               New York, New York           August 12, 2011
-----------------------     --------------------------    ----------------------
     [Signature]                   [City, State]                   [Date]
<PAGE>

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 managers(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).)
<PAGE>

                             Form 13F SUMMARY PAGE

Report Summary:

Number of Other Included Managers:        3

Form 13F Information Table Entry Total:   231

Form 13F Information Table Value Total:   $4,979,672
                                        (in thousands)

List of Other Included Managers:

No.   Form 13F File Number      Name
---   --------------------    ----

1     28-10584                Kingdon Associates

2     28-13996                M. Kingdon Offshore Master Fund L.P.

3     28-10842                Kingdon Family Partnership, L.P.
<PAGE>

<TABLE>
                                                     FORM 13F INFORMATION TABLE
                                                 Kingdon Capital Management, L.L.C.
                                                           June 30, 2011
<CAPTION>
COLUMN 1                         COLUMN  2     COLUMN 3   COLUMN 4      COLUMN 5         COLUMN 6     COLUMN 7    COLUMN 8

                                                           VALUE   SHRS OR    SH/ PUT/  INVESTMENT     OTHER   VOTING AUTHORITY
NAME OF ISSUER                TITLE OF CLASS    CUSIP      (x1000) PRN AMT    PRN CALL  DISCRETION     MNGRS  SOLE       SHARED NONE
--------------                --------------    -----      ------- -------    --- ----  ----------     -----  ----       ------ ----
<S>                           <C>              <C>        <C>      <C>        <C> <C>   <C>            <C>    <C>        <C>    <C>
21VIANET GROUP INC            SPONSORED ADR    90138A103   13,690   1,000,000 SHS       Shared-Defined 1,2,3   1,000,000
AU OPTRONICS CORP             SPONSORED ADR    002255107    5,504     800,000 SHS       Shared-Defined 1,2,3     800,000
ACACIA RESH CORP              ACACIA TCH COM   003881307   62,373   1,700,000 SHS       Shared-Defined 1,2,3   1,700,000
ACME PACKET INC               COM              004764106   24,546     350,000     PUT   Shared-Defined 1,2,3     350,000
ACORDA THERAPEUTICS INC       COM              00484M106    6,784     210,100 SHS       Shared-Defined 1,2,3     210,100
AIR PRODS & CHEMS INC         COM              009158106    9,558     100,000 SHS       Shared-Defined 1,2,3     100,000
ALBEMARLE CORP                COM              012653101   13,840     200,000 SHS       Shared-Defined 1,2,3     200,000
ALEXANDER & BALDWIN INC       COM              014482103    2,408      50,000 SHS       Shared-Defined 1,2,3      50,000
ALTERA CORP                   COM              021441100   23,175     500,000     PUT   Shared-Defined 1,2,3     500,000
AMARIN CORP PLC               SPONS ADR NEW    023111206   11,176     775,000 SHS       Shared-Defined 1,2,3     775,000
AMAZON COM INC                COM              023135106   61,347     300,000     PUT   Shared-Defined 1,2,3     300,000
AMDOCS LTD                    ORD              G02602103   22,337     735,000 SHS       Shared-Defined 1,2,3     735,000
AMERICAN EXPRESS CO           COM              025816109    8,272     160,000 SHS       Shared-Defined 1,2,3     160,000
AMERICAN INTL GROUP INC       COM NEW          026874784   61,572   2,100,000 SHS       Shared-Defined 1,2,3   2,100,000
AMERIGROUP CORP               COM              03073T102    6,342      90,000 SHS       Shared-Defined 1,2,3      90,000
AMKOR TECHNOLOGY INC          COM              031652100    6,534   1,060,697 SHS       Shared-Defined 1,2,3   1,060,697
AMYLIN PHARMACEUTICALS INC    COM              032346108    3,475     260,117 SHS       Shared-Defined 1,2,3     260,117
ANCESTRY COM INC              COM              032803108   14,501     350,000 SHS       Shared-Defined 1,2,3     350,000
APPLE INC                     COM              037833100  168,111     501,000 SHS       Shared-Defined 1,2,3     501,000
ARUBA NETWORKS INC            COM              043176106   17,730     600,000     PUT   Shared-Defined 1,2,3     600,000
ASHLAND INC NEW               COM              044209104    7,515     116,300 SHS       Shared-Defined 1,2,3     116,300
ATMEL CORP                    COM              049513104    9,146     650,000 SHS       Shared-Defined 1,2,3     650,000
AVALON RARE METALS INC        COM              053470100    1,391     200,000 SHS       Shared-Defined 1,2,3     200,000
BAIDU INC                     SPON ADR REP A   056752108   28,026     200,000     CALL  Shared-Defined 1,2,3     200,000
BE AEROSPACE INC              COM              073302101   10,203     250,000 SHS       Shared-Defined 1,2,3     250,000
BJS WHOLESALE CLUB INC        COM              05548J106    1,204      23,913 SHS       Shared-Defined 1,2,3      23,913
BANK OF AMERICA CORPORATION   COM              060505104  126,040  11,500,000 SHS       Shared-Defined 1,2,3  11,500,000
BANK OF AMERICA CORPORATION   COM              060505104   21,920   2,000,000     CALL  Shared-Defined 1,2,3   2,000,000
BARRICK GOLD CORP             COM              067901108   14,719     325,000 SHS       Shared-Defined 1,2,3     325,000
BIOGEN IDEC INC               COM              09062X103   16,038     150,000     PUT   Shared-Defined 1,2,3     150,000
BRISTOL MYERS SQUIBB CO       COM              110122108    5,792     200,000     PUT   Shared-Defined 1,2,3     200,000
CBS CORP NEW                  CL B             124857202   22,792     800,000 SHS       Shared-Defined 1,2,3     800,000
CF INDS HLDGS INC             COM              125269100   35,418     250,000 SHS       Shared-Defined 1,2,3     250,000
CVR ENERGY INC                COM              12662P108    8,617     350,000 SHS       Shared-Defined 1,2,3     350,000
CVS CAREMARK CORPORATION      COM              126650100   24,051     640,000 SHS       Shared-Defined 1,2,3     640,000
CABLEVISION SYS CORP          CL A NY CABLVS   12686C109   28,968     800,000 SHS       Shared-Defined 1,2,3     800,000
CABOT MICROELECTRONICS CORP   COM              12709P103   20,912     450,000     PUT   Shared-Defined 1,2,3     450,000
CAPITAL ONE FINL CORP         COM              14040H105    5,167     100,000 SHS       Shared-Defined 1,2,3     100,000
CATERPILLAR INC DEL           COM              149123101   21,292     200,000 SHS       Shared-Defined 1,2,3     200,000
CAVIUM NETWORKS INC           COM              14965A101   15,257     350,000     PUT   Shared-Defined 1,2,3     350,000
CELANESE CORP DEL             COM SER A        150870103    7,997     150,000 SHS       Shared-Defined 1,2,3     150,000
CELGENE CORP                  COM              151020104    7,534     125,000 SHS       Shared-Defined 1,2,3     125,000
CENTENE CORP DEL              COM              15135B101    4,441     125,000 SHS       Shared-Defined 1,2,3     125,000
CERAGON NETWORKS LTD          ORD              M22013102    2,538     213,800 SHS       Shared-Defined 1,2,3     213,800
CHEESECAKE FACTORY INC        COM              163072101    3,084      98,300 SHS       Shared-Defined 1,2,3      98,300
CHEMTURA CORP                 COM NEW          163893209   10,647     585,000 SHS       Shared-Defined 1,2,3     585,000
CHENIERE ENERGY INC           COM NEW          16411R208    4,580     500,000 SHS       Shared-Defined 1,2,3     500,000
CHESAPEAKE ENERGY CORP        COM              165167107   14,845     500,000 SHS       Shared-Defined 1,2,3     500,000
CHICAGO BRIDGE & IRON CO N V  N Y REGISTRY SH  167250109   15,560     400,000 SHS       Shared-Defined 1,2,3     400,000
CHINA REAL ESTATE INFO CORP   ADR              16948Q103    6,257     880,000 SHS       Shared-Defined 1,2,3     880,000
CISCO SYS INC                 COM              17275R102   15,600   1,000,000 SHS       Shared-Defined 1,2,3   1,000,000
CITIGROUP INC                 COM NEW          172967424  118,674   2,850,000 SHS       Shared-Defined 1,2,3   2,850,000
CITIGROUP INC                 COM NEW          172967424  281,070   6,750,000     CALL  Shared-Defined 1,2,3   6,750,000
COBALT INTL ENERGY INC        COM              19075F106   11,313     830,000 SHS       Shared-Defined 1,2,3     830,000
COCA COLA CO                  COM              191216100    3,365      50,000 SHS       Shared-Defined 1,2,3      50,000
COCA COLA ENTERPRISES INC NE  COM              19122T109   53,159   1,821,777 SHS       Shared-Defined 1,2,3   1,821,777
COINSTAR INC                  COM              19259P300   88,960   1,631,999 SHS       Shared-Defined 1,2,3   1,631,999
COLGATE PALMOLIVE CO          COM              194162103   34,964     400,000     CALL  Shared-Defined 1,2,3     400,000
COMCAST CORP NEW              CL A             20030N101   53,826   2,125,000 SHS       Shared-Defined 1,2,3   2,125,000
CONAGRA FOODS INC             COM              205887102    8,775     340,000 SHS       Shared-Defined 1,2,3     340,000
CONAGRA FOODS INC             COM              205887102    5,162     200,000     CALL  Shared-Defined 1,2,3     200,000
CONOCOPHILLIPS                COM              20825C104   11,279     150,000 SHS       Shared-Defined 1,2,3     150,000
CONOCOPHILLIPS                COM              20825C104   15,038     200,000     CALL  Shared-Defined 1,2,3     200,000
CONSOL ENERGY INC             COM              20854P109   14,544     300,000 SHS       Shared-Defined 1,2,3     300,000
CORN PRODS INTL INC           COM              219023108   11,536     208,679 SHS       Shared-Defined 1,2,3     208,679
CORNING INC                   COM              219350105    6,353     350,000 SHS       Shared-Defined 1,2,3     350,000
COSTCO WHSL CORP NEW          COM              22160K105    2,031      25,000 SHS       Shared-Defined 1,2,3      25,000
CREE INC                      COM              225447101    5,040     150,000 SHS       Shared-Defined 1,2,3     150,000
CROWN HOLDINGS INC            COM              228368106   19,410     500,000 SHS       Shared-Defined 1,2,3     500,000
CUMMINS INC                   COM              231021106   20,698     200,000 SHS       Shared-Defined 1,2,3     200,000
DSW INC                       CL A             23334L102   12,653     250,000 SHS       Shared-Defined 1,2,3     250,000
DEERE & CO                    COM              244199105   28,858     350,000 SHS       Shared-Defined 1,2,3     350,000
DELTA AIR LINES INC DEL       COM NEW          247361702   13,603   1,483,400 SHS       Shared-Defined 1,2,3   1,483,400
DENDREON CORP                 COM              24823Q107   26,425     670,000 SHS       Shared-Defined 1,2,3     670,000
DIAMOND FOODS INC             COM              252603105    2,219      29,100 SHS       Shared-Defined 1,2,3      29,100
DOLLAR GEN CORP NEW           COM              256677105    6,778     200,000 SHS       Shared-Defined 1,2,3     200,000
DOMTAR CORP                   COM NEW          257559203   16,576     175,000 SHS       Shared-Defined 1,2,3     175,000
DOW CHEM CO                   COM              260543103    9,000     250,000 SHS       Shared-Defined 1,2,3     250,000
DU PONT E I DE NEMOURS & CO   COM              263534109   21,620     400,000 SHS       Shared-Defined 1,2,3     400,000
DURECT CORP                   COM              266605104    1,312     649,500 SHS       Shared-Defined 1,2,3     649,500
DYNEGY INC DEL                COM              26817G300    5,853     945,569 SHS       Shared-Defined 1,2,3     945,569
EMCORE CORP                   COM              290846104    7,465   2,724,505 SHS       Shared-Defined 1,2,3   2,724,505
ENSCO PLC                     SPONSORED ADR    29358Q109   31,980     600,000 SHS       Shared-Defined 1,2,3     600,000
EOG RES INC                   COM              26875P101   18,835     180,150 SHS       Shared-Defined 1,2,3     180,150
EASTMAN CHEM CO               COM              277432100    5,104      50,000 SHS       Shared-Defined 1,2,3      50,000
EMERGENT BIOSOLUTIONS INC     COM              29089Q105   14,993     664,900 SHS       Shared-Defined 1,2,3     664,900
F5 NETWORKS INC               COM              315616102   27,563     250,000     PUT   Shared-Defined 1,2,3     250,000
FMC TECHNOLOGIES INC          COM              30249U101   16,796     375,000 SHS       Shared-Defined 1,2,3     375,000
FREEPORT-MCMORAN COPPER & GO  COM              35671D857   52,900   1,000,000 SHS       Shared-Defined 1,2,3   1,000,000
FRONTIER COMMUNICATIONS CORP  COM              35906A108   20,336   2,520,000 SHS       Shared-Defined 1,2,3   2,520,000
GAYLORD ENTMT CO NEW          COM              367905106    1,350      45,000 SHS       Shared-Defined 1,2,3      45,000
GENERAL MLS INC               COM              370334104    2,122      57,000 SHS       Shared-Defined 1,2,3      57,000
GENERAL MLS INC               COM              370334104   40,942   1,100,000     CALL  Shared-Defined 1,2,3   1,100,000
GEORGIA GULF CORP             COM PAR$0.01 NEW 373200302    3,621     150,000 SHS       Shared-Defined 1,2,3     150,000
GEVO INC                      COM              374396109   11,011     700,000 SHS       Shared-Defined 1,2,3     700,000
GILEAD SCIENCES INC           COM              375558103    5,175     125,000 SHS       Shared-Defined 1,2,3     125,000
GLOBAL GEOPHYSICAL SVCS INC   COM              37946S107    3,519     197,700 SHS       Shared-Defined 1,2,3     197,700
GLOBE SPECIALTY METALS INC    COM              37954N206    1,155      51,532 SHS       Shared-Defined 1,2,3      51,532
GRAFTECH INTL LTD             COM              384313102   12,162     600,000 SHS       Shared-Defined 1,2,3     600,000
GREEN MTN COFFEE ROASTERS IN  COM              393122106    4,909      55,000 SHS       Shared-Defined 1,2,3      55,000
GREENBRIER COS INC            COM              393657101   13,832     700,000 SHS       Shared-Defined 1,2,3     700,000
HCA HOLDINGS INC              COM              40412C101   22,440     680,000 SHS       Shared-Defined 1,2,3     680,000
HAIN CELESTIAL GROUP INC      COM              405217100    2,280      68,435 SHS       Shared-Defined 1,2,3      68,435
HANSEN NAT CORP               COM              411310105    6,022      74,400 SHS       Shared-Defined 1,2,3      74,400
HARRY WINSTON DIAMOND CORP    COM              41587B100   10,089     606,845 SHS       Shared-Defined 1,2,3     606,845
HEALTH MGMT ASSOC INC NEW     CL A             421933102   11,535   1,070,000 SHS       Shared-Defined 1,2,3   1,070,000
HEALTHSOUTH CORP              COM NEW          421924309    8,734     332,722 SHS       Shared-Defined 1,2,3     332,722
HERSHEY CO                    COM              427866108    2,103      37,000 SHS       Shared-Defined 1,2,3      37,000
HESS CORP                     COM              42809H107   14,952     200,000     CALL  Shared-Defined 1,2,3     200,000
HESS CORP                     COM              42809H107   41,118     550,000 SHS       Shared-Defined 1,2,3     550,000
HONEYWELL INTL INC            COM              438516106   35,754     600,000 SHS       Shared-Defined 1,2,3     600,000
INTERNET CAP GROUP INC        COM NEW          46059C205      961      78,726 SHS       Shared-Defined 1,2,3      78,726
ISHARES TR                    NASDQ BIO INDX   464287556   15,999     150,000     PUT   Shared-Defined 1,2,3     150,000
ISHARES TR                    RUSSELL 2000     464287655  302,585   3,650,000     PUT   Shared-Defined 1,2,3   3,650,000
ISHARES TR                    DJ US REAL EST   464287739   60,300   1,000,000     PUT   Shared-Defined 1,2,3   1,000,000
JPMORGAN CHASE & CO           COM              46625H100  102,350   2,500,000 SHS       Shared-Defined 1,2,3   2,500,000
JPMORGAN CHASE & CO           COM              46625H100   65,504   1,600,000     CALL  Shared-Defined 1,2,3   1,600,000
JAMES RIVER COAL CO           COM NEW          470355207    3,163     152,000 SHS       Shared-Defined 1,2,3     152,000
JOHNSON CTLS INC              COM              478366107   29,162     700,000 SHS       Shared-Defined 1,2,3     700,000
K V PHARMACEUTICAL CO         CL A             482740206    3,332   1,225,000 SHS       Shared-Defined 1,2,3   1,225,000
KELLOGG CO                    COM              487836108    1,660      30,000 SHS       Shared-Defined 1,2,3      30,000
KEMET CORP                    COM NEW          488360207    9,166     641,400 SHS       Shared-Defined 1,2,3     641,400
KINDER MORGAN INC DEL         COM              49456B101   14,365     500,000 SHS       Shared-Defined 1,2,3     500,000
KOSMOS ENERGY LTD             SHS              G5315B107   19,527   1,150,000 SHS       Shared-Defined 1,2,3   1,150,000
KRAFT FOODS INC               CL A             50075N104   23,076     655,000 SHS       Shared-Defined 1,2,3     655,000
KRATON PERFORMANCE POLYMERS   COM              50077C106   13,215     337,377 SHS       Shared-Defined 1,2,3     337,377
KULICKE & SOFFA INDS INC      COM              501242101    5,696     511,786 SHS       Shared-Defined 1,2,3     511,786
LAUDER ESTEE COS INC          CL A             518439104   10,203      97,000 SHS       Shared-Defined 1,2,3      97,000
LIBERTY GLOBAL INC            COM SER A        530555101   40,550     900,719 SHS       Shared-Defined 1,2,3     900,719
LIFEPOINT HOSPITALS INC       COM              53219L109    4,491     115,000 SHS       Shared-Defined 1,2,3     115,000
LONGTOP FINL TECHNOLOGIES LT  ADR              54318P108    5,145     700,000 SHS       Shared-Defined 1,2,3     700,000
MACYS INC                     COM              55616P104   26,316     900,000 SHS       Shared-Defined 1,2,3     900,000
MASTERCARD INC                CL A             57636Q104   10,999      36,500 SHS       Shared-Defined 1,2,3      36,500
MAXWELL TECHNOLOGIES INC      COM              577767106   22,086   1,365,000 SHS       Shared-Defined 1,2,3   1,365,000
MCCORMICK & CO INC            COM NON VTG      579780206    3,470      70,000 SHS       Shared-Defined 1,2,3      70,000
MCDONALDS CORP                COM              580135101    3,794      45,000 SHS       Shared-Defined 1,2,3      45,000
MEAD JOHNSON NUTRITION CO     COM              582839106    4,256      63,000 SHS       Shared-Defined 1,2,3      63,000
MELCO CROWN ENTMT LTD         ADR              585464100   14,598   1,144,916 SHS       Shared-Defined 1,2,3   1,144,916
METLIFE INC                   COM              59156R108    7,677     175,000 SHS       Shared-Defined 1,2,3     175,000
MICRON TECHNOLOGY INC         COM              595112103   12,699   1,700,000 SHS       Shared-Defined 1,2,3   1,700,000
MOLSON COORS BREWING CO       CL B             60871R209    1,119      25,000 SHS       Shared-Defined 1,2,3      25,000
MOLYCORP INC DEL              COM              608753109   43,933     719,500 SHS       Shared-Defined 1,2,3     719,500
MOMENTA PHARMACEUTICALS INC   COM              60877T100   13,760     707,100     PUT   Shared-Defined 1,2,3     707,100
MORGAN STANLEY                COM NEW          617446448   34,515   1,500,000 SHS       Shared-Defined 1,2,3   1,500,000
MOSAIC CO NEW                 COM              61945C103   13,546     200,000 SHS       Shared-Defined 1,2,3     200,000
MOVE INC COM                  COM              62458M108   15,307   7,021,600 SHS       Shared-Defined 1,2,3   7,021,600
NATIONAL HEALTH INVS INC      COM              63633D104    2,666      60,000 SHS       Shared-Defined 1,2,3      60,000
NATIONAL OILWELL VARCO INC    COM              637071101   27,374     350,000 SHS       Shared-Defined 1,2,3     350,000
NETLOGIC MICROSYSTEMS INC     COM              64118B100    8,084     200,000     PUT   Shared-Defined 1,2,3     200,000
NETFLIX INC                   COM              64110L106   42,030     160,000     PUT   Shared-Defined 1,2,3     160,000
NEWELL RUBBERMAID INC         COM              651229106   19,645   1,244,928 SHS       Shared-Defined 1,2,3   1,244,928
NEXXUS LIGHTING INC           COM              65338E105      879     300,000 SHS       Shared-Defined 1,2,3     300,000
NIKE INC                      CL B             654106103   17,996     200,000 SHS       Shared-Defined 1,2,3     200,000
NIKE INC                      CL B             654106103   22,495     250,000     CALL  Shared-Defined 1,2,3     250,000
OCZ TECHNOLOGY GROUP INC      COM              67086E303   11,378   1,425,842 SHS       Shared-Defined 1,2,3   1,425,842
ODYSSEY MARINE EXPLORATION I  COM              676118102    4,002   1,278,632 SHS       Shared-Defined 1,2,3   1,278,632
OMEGA HEALTHCARE INVS INC     COM              681936100    3,152     150,000 SHS       Shared-Defined 1,2,3     150,000
OPNEXT INC                    COM              68375V105    4,592   2,014,187 SHS       Shared-Defined 1,2,3   2,014,187
OPTIBASE LTD                  ORD              M7524R108      612     425,200 SHS       Shared-Defined 1,2,3     425,200
ORACLE CORP                   COM              68389X105   49,335   1,500,000 SHS       Shared-Defined 1,2,3   1,500,000
P F CHANGS CHINA BISTRO INC   COM              69333Y108    1,609      40,000 SHS       Shared-Defined 1,2,3      40,000
PANDORA MEDIA INC             COM              698354107    6,592     348,622 SHS       Shared-Defined 1,2,3     348,622
PANERA BREAD CO               CL A             69840W108    1,382      11,000 SHS       Shared-Defined 1,2,3      11,000
PARKER HANNIFIN CORP          COM              701094104   35,896     400,000 SHS       Shared-Defined 1,2,3     400,000
PEABODY ENERGY CORP           COM              704549104   11,782     200,000 SHS       Shared-Defined 1,2,3     200,000
PEPSICO INC                   COM              713448108   50,674     719,500 SHS       Shared-Defined 1,2,3     719,500
PERRIGO CO                    COM              714290103   28,538     325,000 SHS       Shared-Defined 1,2,3     325,000
PETROHAWK ENERGY CORP         COM              716495106   32,071   1,300,000 SHS       Shared-Defined 1,2,3   1,300,000
PFIZER INC                    COM              717081103   55,682   2,703,000 SHS       Shared-Defined 1,2,3   2,703,000
PHOENIX NEW MEDIA LTD         SPONSORED ADS    71910C103    8,073     900,000 SHS       Shared-Defined 1,2,3     900,000
POTASH CORP SASK INC          COM              73755L107   39,893     700,000 SHS       Shared-Defined 1,2,3     700,000
PRICELINE COM INC             COM NEW          741503403   19,429      37,953 SHS       Shared-Defined 1,2,3      37,953
PROCTER & GAMBLE CO           COM              742718109    3,179      50,000 SHS       Shared-Defined 1,2,3      50,000
PROCTER & GAMBLE CO           COM              742718109   12,714     200,000     CALL  Shared-Defined 1,2,3     200,000
PROSHARES TR                  PSHS ULSHRUS2000 74348A202    8,352     200,000     CALL  Shared-Defined 1,2,3     200,000
RALCORP HLDGS INC NEW         COM              751028101   11,897     137,409 SHS       Shared-Defined 1,2,3     137,409
RIVERBED TECHNOLOGY INC       COM              768573107   21,775     550,000     PUT   Shared-Defined 1,2,3     550,000
ROVI CORP                     COM              779376102   51,624     900,000 SHS       Shared-Defined 1,2,3     900,000
ROYAL DUTCH SHELL PLC         SPONS ADR A      780259206       50         706 SHS       Shared-Defined 1,2,3         706
SMART MODULAR TECHNOLOGIES I  ORD SHS          G82245104    5,426     593,000 SHS       Shared-Defined 1,2,3     593,000
SALIX PHARMACEUTICALS INC     COM              795435106   24,688     620,000 SHS       Shared-Defined 1,2,3     620,000
SARA LEE CORP                 COM              803111103   21,369   1,125,257 SHS       Shared-Defined 1,2,3   1,125,257
SCHEIN HENRY INC              COM              806407102   21,677     302,800 SHS       Shared-Defined 1,2,3     302,800
SCHLUMBERGER LTD              COM              806857108   47,520     550,000 SHS       Shared-Defined 1,2,3     550,000
SCHLUMBERGER LTD              COM              806857108   12,960     150,000     CALL  Shared-Defined 1,2,3     150,000
SCHWAB CHARLES CORP NEW       COM              808513105    4,935     300,000 SHS       Shared-Defined 1,2,3     300,000
SEAGATE TECHNOLOGY PLC        SHS              G7945M107   14,526     900,000 SHS       Shared-Defined 1,2,3     900,000
SEALED AIR CORP NEW           COM              81211K100   11,895     500,000 SHS       Shared-Defined 1,2,3     500,000
SELECT SECTOR SPDR TR         SBI HEALTHCARE   81369Y209   17,765     500,000     PUT   Shared-Defined 1,2,3     500,000
SELECT SECTOR SPDR TR         SBI CONS STPLS   81369Y308    6,246     200,000 SHS       Shared-Defined 1,2,3     200,000
SEMILEDS CORP                 COM              816645105    3,613     563,700 SHS       Shared-Defined 1,2,3     563,700
SHIRE PLC                     SPONSORED ADR    82481R106   34,071     362,000 SHS       Shared-Defined 1,2,3     362,000
SHUTTERFLY INC                COM              82568P304   16,421     286,231 SHS       Shared-Defined 1,2,3     286,231
SODASTREAM INTERNATIONAL LTD  USD SHS          M9068E105    1,215      20,000 SHS       Shared-Defined 1,2,3      20,000
SOLAZYME INC                  COM              83415T101    4,870     212,000 SHS       Shared-Defined 1,2,3     212,000
SOLUTIA INC                   COM NEW          834376501   10,285     450,113 SHS       Shared-Defined 1,2,3     450,113
SONUS NETWORKS INC            COM              835916107    2,916     900,000 SHS       Shared-Defined 1,2,3     900,000
SOUTHWESTERN ENERGY CO        COM              845467109   10,720     250,000 SHS       Shared-Defined 1,2,3     250,000
SPDR S&P 500 ETF TR           TR UNIT          78462F103  263,940   2,000,000     PUT   Shared-Defined 1,2,3   2,000,000
STARBUCKS CORP                COM              855244109   22,775     576,730 SHS       Shared-Defined 1,2,3     576,730
TJX COS INC NEW               COM              872540109   18,391     350,100 SHS       Shared-Defined 1,2,3     350,100
TRW AUTOMOTIVE HLDGS CORP     COM              87264S106   38,917     659,276 SHS       Shared-Defined 1,2,3     659,276
TARGET CORP                   COM              87612E106      288       6,140 SHS       Shared-Defined 1,2,3       6,140
TARGET CORP                   COM              87612E106   16,419     350,000     CALL  Shared-Defined 1,2,3     350,000
TEMPLE INLAND INC             COM              879868107   11,896     400,000 SHS       Shared-Defined 1,2,3     400,000
TEMPLE INLAND INC             COM              879868107    7,435     250,000     CALL  Shared-Defined 1,2,3     250,000
TENNECO INC                   COM              880349105   11,018     250,000 SHS       Shared-Defined 1,2,3     250,000
TERADYNE INC                  COM              880770102    6,660     450,000 SHS       Shared-Defined 1,2,3     450,000
TESLA MTRS INC                COM              88160R101    8,733     300,000 SHS       Shared-Defined 1,2,3     300,000
TEVA PHARMACEUTICAL INDS LTD  ADR              881624209   20,967     435,000 SHS       Shared-Defined 1,2,3     435,000
TEVA PHARMACEUTICAL INDS LTD  ADR              881624209    9,644     200,000     CALL  Shared-Defined 1,2,3     200,000
TIVO INC                      COM              888706108   20,580   2,000,000 SHS       Shared-Defined 1,2,3   2,000,000
TIVO INC                      COM              888706108   20,580   2,000,000     CALL  Shared-Defined 1,2,3   2,000,000
TIMBERLAND CO                 CL A             887100105    8,594     200,000 SHS       Shared-Defined 1,2,3     200,000
US BANCORP DEL                COM NEW          902973304   25,510   1,000,000 SHS       Shared-Defined 1,2,3   1,000,000
UNITED CONTL HLDGS INC        COM              910047109   10,433     461,011 SHS       Shared-Defined 1,2,3     461,011
UNITEDHEALTH GROUP INC        COM              91324P102   12,895     250,000 SHS       Shared-Defined 1,2,3     250,000
UNITED PARCEL SERVICE INC     CL B             911312106   43,758     600,000 SHS       Shared-Defined 1,2,3     600,000
UNITED TECHNOLOGIES CORP      COM              913017109   17,702     200,000 SHS       Shared-Defined 1,2,3     200,000
UNIVERSAL HLTH SVCS INC       CL B             913903100    5,153     100,000 SHS       Shared-Defined 1,2,3     100,000
VALERO ENERGY CORP NEW        COM              91913Y100   10,228     400,000 SHS       Shared-Defined 1,2,3     400,000
VERIGY LTD                    SHS              Y93691106    1,604     107,126 SHS       Shared-Defined 1,2,3     107,126
VISION-SCIENCES INC DEL       COM              927912105    3,877   1,491,097 SHS       Shared-Defined 1,2,3   1,491,097
WARNER CHILCOTT PLC IRELAND   SHS A            G94368100    4,826     200,000     CALL  Shared-Defined 1,2,3     200,000
WATSON PHARMACEUTICALS INC    COM              942683103   28,867     420,000 SHS       Shared-Defined 1,2,3     420,000
WATSON PHARMACEUTICALS INC    COM              942683103    6,873     100,000     CALL  Shared-Defined 1,2,3     100,000
WELLPOINT INC                 COM              94973V107   11,028     140,000 SHS       Shared-Defined 1,2,3     140,000
WHOLE FOODS MKT INC           COM              966837106    6,345     100,000 SHS       Shared-Defined 1,2,3     100,000
WI-LAN INC                    COM              928972108   12,115   1,500,000 SHS       Shared-Defined 1,2,3   1,500,000
YAHOO INC                     COM              984332106   22,560   1,500,000     CALL  Shared-Defined 1,2,3   1,500,000
ZHONE TECHNOLOGIES INC NEW    COM NEW          98950P884      249     104,650 SHS       Shared-Defined 1,2,3     104,650
</TABLE>

SK 48400 0009 1219581
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>