0001144204-12-062053.txt : 20121114 0001144204-12-062053.hdr.sgml : 20121114 20121114104625 ACCESSION NUMBER: 0001144204-12-062053 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20120930 FILED AS OF DATE: 20121114 DATE AS OF CHANGE: 20121114 EFFECTIVENESS DATE: 20121114 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: 121201702 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 v776168_13f-hr.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: September 30, 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: 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 November 13, 2012 -------------------- ----------- ------------------ [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: 143 Form 13F Information Table Value Total: 953,019 (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-________________________ Pyxis Capital, L.P. __3__ 28-________________________ Anchor Capital Management Group, Inc. __4__ 28-________________________ Incline Analytics, LLC __5__ 28-________________________ NexPoint Advisors, L.P. [Repeat as necessary.]
NAME OF ISSUER TITLE OF CLASS CUSIP VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY (x1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE ACADIA HEALTHCARE CO INC COMMON STOCK 00404A109 4447 186,600 SH DEFINED ACME PACKAGING CORP. COMMON STOCK 004764106 0 155,179 SH SOLE ADCARE HEALTH SYSTEMS INC. COMMON STOCK 00650W300 221 45,595 SH SOLE AERCAP HOLDINGS C.V. (DEBIS) COMMON STOCK N00985106 5330 426,418 SH SOLE AFLAC INC COMMON STOCK 001055102 5465 114,134 SH SOLE AKORN INC. COMMON STOCK 009728106 3142 237,659 SH DEFINED ALLIANCE DATA SYSTEMS CORPORATION COMMON STOCK 018581108 23297 164,120 SH SOLE ALLSCRIPTS MISYS HEALTHCARE SOLUTIONS COMMON STOCK 01988P108 1805 145,300 SH DEFINED AMERICAN EXPRESS CO COMMON STOCK 025816109 6050 106,400 SH SOLE AMERIPRISE FINANCIAL, INC. COMMON STOCK 03076C106 2007 35,400 SH SOLE APPLE INC. COMMON STOCK 037833100 46521 69,736 SH SOLE ARROW ELECTRONICS INC. COMMON STOCK 042735100 565 16,750 SH SOLE ARTHROCARE CORPORATION COMMON STOCK 043136100 1623 50,083 SH DEFINED ARUBA NETWORKS, INC. COMMON STOCK 043176106 7157 318,300 SH SOLE AT&T INC. COMMON STOCK 00206R102 1346 35,700 SH SOLE BANK OF AMERICA CORPORATION EQUITY WARRANTS 060505146 2549 722,000 SH SOLE BANK OF AMERICA CORPORATION EQUITY WARRANTS 060505153 922 1,298,680 SH SOLE BE AEROSPACE, INC COMMON STOCK 073302101 20008 475,148 SH SOLE BEST BUY CO., INC. COMMON STOCK 086516101 7950 462,196 SH DEFINED BROOKDALE SENIOR LIVING INC. COMMON STOCK 112463104 2886 124,300 SH DEFINED CAPITAL ONE FINANCIAL CORPORATION COMMON STOCK 14040H105 6488 113,800 SH SOLE CHARTWELL DIV & INC FUND INC CLOSE END FIXED INCOME MUTUAL FUNDS 25538A105 51 13,900 SH SOLE CHUBB CORP., THE COMMON STOCK 171232101 4073 53,400 SH SOLE CIGNA CORPORATION COMMON STOCK 125509109 592 12,552 SH SOLE CITRIX SYSTEMS INC. COMMON STOCK 177376100 13362 174,600 SH SOLE CLEARWIRE COMM/FINANCE COMMON STOCK 18538Q105 479 357,243 SH SOLE COGNIZANT TECHNOLOGY SOLUTIONS CORPORATION COMMON STOCK 192446102 14010 200,463 SH SOLE COLFAX CORPORATION COMMON STOCK 194014106 7382 201,300 SH SOLE COMPLETE GENOMICS, INC. EQUITY 20454K104 1792 640,578 SH SOLE COMPUTER PROGRAMS & SYSTEMS, INC. COMMON STOCK 205306103 1194 21,500 SH DEFINED COMPUTER SCIENCES CORPORATION COMMON STOCK 205363104 5807 180,300 SH SOLE CONOCO PHILLIPS COMMON STOCK 20825C104 686 12,000 SH SOLE CORNING INC. COMMON STOCK 219350105 7373 560,647 SH SOLE COSTCO WHOLESALE CORPORATION COMMON STOCK 22160K105 671 6,700 SH SOLE CURRENCYSHARES BRITISH POUND EXCHANGE TRADED FUNDS 23129S106 1278 8,000 SH SOLE D.R. HORTON, INC. COMMON STOCK 23331A109 5528 268,000 SH SOLE DAVITA INC. COMMON STOCK 23918K108 932 9,000 SH DEFINED DIGITALGLOBE, INC. COMMON STOCK 25389M877 9039 443,300 SH SOLE DIRECTV GROUP, INC., THE COMMON STOCK 25490A309 5302 101,100 SH DEFINED DISH NETWORK CORP COMMON STOCK 25470M109 1075 35,113 SH SOLE DOLLAR GENERAL CORPORATION COMMON STOCK 256677105 28172 546,600 SH SOLE DR PEPPER SNAPPLE GROUP, INC. COMMON STOCK 26138E109 3511 78,850 SH DEFINED DUNKIN' BRANDS, INC. COMMON STOCK 265504100 2927 100,250 SH SOLE ELI LILLY & CO COMMON STOCK 532457108 360 7,600 SH SOLE ELLSWORTH FUND LTD CLOSE END FIXED INCOME MUTUAL FUNDS 289074106 95 12,989 SH SOLE EMC CORPORATION COMMON STOCK 268648102 6847 251,100 SH SOLE EMERITUS CORP COMMON STOCK 291005106 1780 85,000 SH DEFINED ENDOCYTE INC COMMON STOCK 29269A102 393 39,389 SH SOLE ENTERPRISE PRODUCTS PARTNERS LP LTD PARTNERSHIP 293792107 2050 38,248 SH SOLE EQUINIX INC COMMON STOCK 29444U502 12624 61,269 SH SOLE EXACT SCIENCES CORPORATION COMMON STOCK 30063P105 770 70,000 SH DEFINED EXPRESS SCRIPTS HOLDING COMPANY (FKA EXPRESS SCRIPTS, INC.) COMMON STOCK 30219G108 25190 402,200 SH SOLE FAIRPOINT COMMUNICATIONS, INC. COMMON STOCK 305560302 1706 225,708 SH DEFINED FLUIDIGM CORP COMMON STOCK 34385P108 2003 117,800 SH DEFINED GARMIN LTD. COMMON STOCK H2906T109 8866 212,401 SH DEFINED GILEAD SCIENCES, INC. COMMON STOCK 375558103 1310 19,750 SH DEFINED GNC ACQUISITION HOLDINGS INC COMMON STOCK 36191G107 525 13,480 SH DEFINED GRAY TELEVISION, INC. COMMON STOCK 389375205 36 18,000 SH SOLE HEALTH NET INC. COMMON STOCK 42222G108 900 40,000 SH DEFINED HEALTHSOUTH CORPORATION COMMON STOCK 421924309 8334 346,401 SH SOLE HEALTHSTREAM INC. COMMON STOCK 42222N103 1003 35,240 SH DEFINED HELMERICH & PAYNE INC. COMMON STOCK 423452101 319 6,700 SH SOLE HORIZON PHARMA INC COMMON STOCK 44047T109 1855 529,974 SH SOLE ICON PLC - SPONSORED ADR COMMON STOCK 45103T107 777 31,896 SH SOLE IMAX CORP COMMON STOCK 45245E109 8759 439,948 SH SOLE INBEV NV COMMON STOCK 03524A108 365 4,250 SH SOLE INVERNESS MEDICAL INNOVATIONS, INC. COMMON STOCK 01449J105 2643 135,600 SH DEFINED ISHARES MSCI EAFE INDEX FUND EXCHANGE TRADED FUNDS 464287465 451 8,500 SH SOLE ISHARES MSCI EMERGING MKT IN EXCHANGE TRADED FUNDS 464287234 231 5,600 SH SOLE ISHARES MSCI ITALY INDEX FD EXCHANGE TRADED FUNDS 464286855 722 60,000 SH SOLE ISHARES MSCI JAPAN INDEX FD EXCHANGE TRADED FUNDS 464286848 2045 223,000 SH SOLE JACK IN THE BOX, INC. COMMON STOCK 466367109 15123 538,000 SH SOLE JOHNSON & JOHNSON COMMON STOCK 478160104 14333 208,000 SH SOLE JPMORGAN CHASE & CO. EQUITY WARRANTS 46634E114 1749 170,000 SH SOLE L-3 COMMUNICATIONS HOLDINGS INC. COMMON STOCK 502424104 753 10,500 SH SOLE LAZARD LTD COMMON STOCK G54050102 14519 496,712 SH SOLE LEVEL 3 FINANCING, INC. COMMON STOCK 52729N308 591 25,750 SH SOLE LIFE TIME FITNESS COMMON STOCK 53217R207 17576 384,264 SH SOLE LORAL SPACECOM CORP COMMON STOCK 543881106 115329 1,622,071 SH SOLE MAGNACHIP SEMICONDUCTOR EQUITY 55933J203 119 10,079 SH DEFINED MBIA INCORPORATED COMMON STOCK 55262C100 484 47,753 SH SOLE MEDICINOVA INC. EQUITY WARRANTS 584994081 102 150,000 SH DEFINED MELLANOX TECHNOLOGIES LTD. COMMON STOCK M51363113 10498 103,400 SH SOLE MERITAGE HOMES CORPORATION COMMON STOCK 59001A102 6807 179,000 SH SOLE METRO HEALTH NETWORKS INC COMMON STOCK 592142103 3062 327,813 SH DEFINED METROPCS COMMUNICATIONS COMMON STOCK 591708102 38427 3,281,545 SH DEFINED MICHAEL KORS HOLDINGS LTD COMMON STOCK G60754101 19066 358,526 SH SOLE MICROSOFT CORPORATION COMMON STOCK 594918104 3890 130,700 SH SOLE MICROVISION, INC. EQUITY WARRANTS 594960163 20 402,361 SH DEFINED MOLINA HEALTHCARE, INC COMMON STOCK 60855R100 3192 126,900 SH SOLE MONOLITHIC POWER SYSTEM INC. COMMON STOCK 609839105 10956 554,734 SH SOLE NASDAQ OMX GROUP, INC., THE COMMON STOCK 631103108 932 40,000 SH SOLE NATIONAL CINEMEDIA, LLC COMMON STOCK 635309107 1072 65,460 SH SOLE NORFOLK SOUTHERN CORPORATION COMMON STOCK 655844108 4340 68,200 SH SOLE NPS PHARMACEUTICALS COMMON STOCK 62936P103 2352 254,300 SH DEFINED NPS PHARMACEUTICALS OPTIONS 62936P903 138 500 SH CALL DEFINED NUVASIVE INC. COMMON STOCK 670704105 10847 473,450 SH DEFINED ONYX PHARMACEUTICALS INC. COMMON STOCK 683399109 1542 18,250 SH DEFINED ORASURE TECHNOLOGIES INC. COMMON STOCK 68554V108 1193 107,400 SH DEFINED OREXIGEN THERAPEUTICS INC. OPTIONS 686164904 18 3,584 SH CALL DEFINED OREXIGEN THERAPEUTICS INC. COMMON STOCK 686164104 732 128,100 SH DEFINED PAREXEL INTERNATIONAL CORPORATION COMMON STOCK 699462107 698 22,700 SH DEFINED PENDRELL CORPORATION (F.K.A. ICO GLOBAL COMMUNICATIONS) COMMON STOCK 70686R104 51541 45,611,145 SH DEFINED PITNEY BOWES INC. COMMON STOCK 724479100 746 54,000 SH SOLE POLYPORE, INC. COMMON STOCK 73179V103 9813 277,583 SH SOLE POWERSHARES DB COMMODITY IND EXCHANGE TRADED FUNDS 73935S105 445 15,500 SH SOLE POWERSHARES DB OIL FUND EXCHANGE TRADED FUNDS 73936B507 1987 76,100 SH SOLE POWERSHARES DB US DOL IND BU EXCHANGE TRADED FUNDS 73936D107 1035 47,200 SH SOLE PROSHARES ULTRA SILVER EXCHANGE TRADED FUNDS 74347W841 1751 30,000 SH SOLE PROSHARES ULTRASHORT EURO EXCHANGE TRADED FUNDS 74347W882 3923 195,000 SH SOLE PROSHARES ULTRASHORT YEN EXCHANGE TRADED FUNDS 74347W569 2404 58,167 SH SOLE PSS WORLD MEDICAL INC COMMON STOCK 69366A100 837 36,748 SH SOLE RAYTHEON COMPANY COMMON STOCK 755111507 199 3,473 SH SOLE RED HAT INC. COMMON STOCK 756577102 12134 213,100 SH SOLE REGAL ENTERTAINMENT GROUP COMMON STOCK 758766109 1631 115,900 SH SOLE REGIONS FINANCIAL CORPORATION COMMON STOCK 7591EP100 12324 1,712,900 SH SOLE SBA TELECOMMUNICATIONS INC. COMMON STOCK 78388J106 13413 213,238 SH SOLE SIRIUS XM RADIO, INC. COMMON STOCK 82967N108 28611 11,046,547 SH SOLE SIRONA DENTAL SYSTEMS INC. COMMON STOCK 82966C103 13286 233,254 SH DEFINED SMART BALANCE INC COMMON STOCK 83169Y108 10763 890,987 SH SOLE SOUTHWEST BANCORP INC/OKLA COMMON STOCK 844767103 2919 269,000 SH SOLE SPANSION INC-CLASS A COMMON STOCK 84649R200 280 23,500 SH SOLE SPDR BARCLAYS CAPITAL SHORT TE COMMON STOCK 78468R408 3043 99,900 SH SOLE SPDR LEHMAN HIGH YIELD BOND EXCHANGE TRADED FUNDS 78464A417 5026 125,000 SH SOLE SPDR TRUST SERIES 1 EXCHANGE TRADED FUNDS 78462F103 1325 9,200 SH SOLE SPRINT NEXTEL CORPORATION COMMON STOCK 852061100 3136 568,200 SH SOLE STAPLES INC. COMMON STOCK 855030102 5969 518,150 SH SOLE SWS GROUP INC. COMMON STOCK 78503N107 4447 727,885 SH SOLE TEMPUR PEDIC, INC. COMMON STOCK 88023U101 7144 239,000 SH SOLE TENET HEALTHCARE CORPORATION COMMON STOCK 88033G407 627 100,000 SH DEFINED TEXAS PETROCHEMICAL CORP. COMMON STOCK 89236Y104 979 24,000 SH SOLE THERMO FISHER SCIENTIFIC INC. COMMON STOCK 883556102 12556 213,434 SH DEFINED TORCHMARK CORP. COMMON STOCK 891027104 3677 71,600 SH DEFINED TOTAL SA COMMON STOCK 89151E109 1002 20,000 SH SOLE TTM TECHNOLOGIES INC. COMMON STOCK 87305R109 678 72,000 SH SOLE ULTRA QQQ PROSHARES EXCHANGE TRADED FUNDS 74347R206 219 3,600 SH SOLE ULTRA S&P500 PROSHARES EXCHANGE TRADED FUNDS 74347R107 453 7,400 SH SOLE VIACOM, INC. COMMON STOCK 124857202 27411 754,499 SH SOLE VOCERA COMMUNICATIONS INC COMMON STOCK 92857F107 1187 38,400 SH DEFINED WEBSITE PROS INC. COMMON STOCK 94733A104 9862 549,421 SH SOLE WELLS FARGO & CO COMMON STOCK 949746101 24813 718,600 SH SOLE WINDSTREAM CORPORATION COMMON STOCK 97381W104 10991 1,089,300 SH SOLE