-----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, A4UaVLyi8ij8/M62ABi6MzutIuKKJ7fHKGFDVPGpkB9bF5ReOFYWnra5GkGxFnQ1 j+QNMZtCffM7DsETpZWQCw== 0001140361-09-026156.txt : 20091116 0001140361-09-026156.hdr.sgml : 20091116 20091116110946 ACCESSION NUMBER: 0001140361-09-026156 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20090930 FILED AS OF DATE: 20091116 DATE AS OF CHANGE: 20091116 EFFECTIVENESS DATE: 20091116 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Palo Alto Investors, LLC CENTRAL INDEX KEY: 0001306923 IRS NUMBER: 770558164 STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-11013 FILM NUMBER: 091184504 BUSINESS ADDRESS: STREET 1: 470 UNIVERSITY AVE CITY: PALO ALTO STATE: CA ZIP: 94301 BUSINESS PHONE: 650-325-0772 MAIL ADDRESS: STREET 1: 470 UNIVERSITY AVE CITY: PALO ALTO STATE: CA ZIP: 94301 13F-HR 1 form13fhr.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F Form 13F COVER PAGE Report for the Calendar Year or Quarter Ended: 9/30/2009 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: Palo Alto Investors, LLC Address: 470 University Avenue Palo Alto, CA 94301 Form 13F File Number: 28-10266 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. Persons Signing this Report on Behalf of Reporting Manager: Name: Mark Shamia Title: Chief Operating Officer Phone: (650) 325-0772 Signature, Place, and Date of Signing: /s/ Mark Shamia Palo Alto, CA 11/10/2009 - --------------------------------- --------------------------------- ---------- [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).) 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: 60 Form 13F Information Table Value Total: $ 909,702.00 -------------- (In Thousands) List of Other Included Managers: Provide a numbered list of the name(s) and 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report. NONE
FORM 13F INFORMATION TABLE 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 (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE - -------------------------------- ----------------- --------- -------- ---------- --- ---- ---------- -------- ---------- ------ ---- AMAG Pharmaceuticals, Inc. COM 00163u106 42,938 983,004 983,004 0 0 ARYx Therapeutics COM 043387109 151 48,135 48,135 0 0 Abiomed Inc. COM 003654100 927 95,485 95,485 0 0 Airvana Inc. COM 00950v101 5,337 788,343 788,343 0 0 Allergan Inc COM 018490102 6,620 116,640 116,640 0 0 Amicus Therapeutics, Inc. COM 03152W109 28,312 3,235,661 3,235,661 0 0 ArthroCare Corp COM 043136100 29,390 1,441,417 1,441,417 0 0 Aurelian Oil & Gas PLC COM 00B15S8C3 7,992 27,777,778 27,777,778 0 0 Auxilium Pharmaceuticals, Inc. COM 05334D107 71,573 2,092,161 2,092,161 0 0 Biogen IDEC Inc. COM 09062X103 10,801 213,792 213,792 0 0 Biomarin Pharmaceuticals, Inc COM 09061G101 20,494 1,133,538 1,133,538 0 0 Biomimetic Therapeutics, Inc. COM 09064X101 5,535 453,308 453,308 0 0 BroadVision, Inc. COM 111412607 11,710 743,945 743,945 0 0 Cache, Inc COM 127150308 3,774 760,800 760,800 0 0 Canadian Superior Energy Inc. COM 136644101 13,046 15,002,500 15,002,500 0 0 Celgene Corp COM 151020104 5,461 97,688 97,688 0 0 Ceragon Networks Ltd. COM M22013102 15,879 1,877,000 1,877,000 0 0 Cubist Pharma COM 229678107 16,810 832,191 832,191 0 0 Cyberonics, Inc. COM 23251P102 61,268 3,843,679 3,843,679 0 0 Cytokinetics COM 23282W100 3,056 577,776 577,776 0 0 Demandtec COM 24802R506 140 15,900 15,900 0 0 Dyax COM 26746E103 155 43,100 43,100 0 0 Evergreen Solar, Inc. 4% Due NOTE 30033RAC2 14,218 34,794,000 34,794,000 0 0 7/15/2013 First Solar Inc. COM 336433107 12,229 80,000 80,000 0 0 Gastar Exploration Limited COM 367299104 41,812 8,674,744 8,674,744 0 0 Genoptix COM 37243V100 672 19,320 19,320 0 0 Genzyme Corporation COM 372917104 5,159 90,934 90,934 0 0 Guaranty Bancorp COM 40075t102 1,182 798,900 798,900 0 0 Intuitive Surgical Inc. COM 46120e602 10,002 38,140 38,140 0 0 Limelight Networks, Inc. COM 53261M104 23,977 5,905,773 5,905,773 0 0 Martek Biosciences Corp COM 572901106 320 14,144 14,144 0 0 Medicis Pharmaceutical Corp. COM 584690309 42,352 1,983,720 1,983,720 0 0 Medivation, Inc. COM 58501n101 33,587 1,237,551 1,237,551 0 0 Momenta Pharmaceuticals, Inc. COM 60877T100 11,502 1,084,031 1,084,031 0 0 Northern Oil and Gas COM 665531109 21,895 2,606,575 2,606,575 0 0 NxStage Medical, Inc. COM 67072V103 5,438 812,856 812,856 0 0 Onyx Pharmaceuticals, Inc. COM 683399109 77,929 2,600,220 2,600,220 0 0 Orexigen Therapeutics COM 686164104 238 24,150 24,150 0 0 Orthovita COM 68750U102 211 48,135 48,135 0 0 PowerShares DB Crude Oil Double COM 25154K809 3,260 40,000 40,000 0 0 Short Protalix Biotherapeutics COM 74365A101 2,841 343,933 343,933 0 0 Questcor Pharmaceuticals COM 74835Y101 5,336 966,649 966,649 0 0 Ricardo PLC COM 000737007 2,017 485,500 485,500 0 0 Rigel Pharmaceuticals Inc COM 766559603 2,227 271,557 271,557 0 0 Riverbed Technology, Inc. COM 768573107 1,757 80,000 80,000 0 0 STAAR Surgical COM 852312305 239 58,500 58,500 0 0 Savient Pharmaceuticals, Inc. COM 80517Q100 52,901 3,480,354 3,480,354 0 0 Sequenom COM 817337405 2,214 685,300 685,300 0 0 Shire PLC-ADR COM 82481R106 11,162 213,463 213,463 0 0 St. Jude Medical, Inc. COM 790849103 2,381 61,025 61,025 0 0 Toreador Resources Corporation COM 891050106 19,049 1,906,800 1,906,800 0 0 Transcept Pharmaceuticals, Inc. COM 89354M106 780 56,508 56,508 0 0 Triangle Petroleum Corporation COM 89600B102 2,213 14,751,350 14,751,350 0 0 Unica Corporation COM 904583101 17,647 2,315,864 2,315,864 0 0 United Therapeutics Corp COM 91307C102 32,098 655,204 655,204 0 0 Vanda Pharma COM 921659108 12,776 1,097,588 1,097,588 0 0 ViroPharma Incorporated COM 928241108 41,534 4,317,511 4,317,511 0 0 Volcano Corporation COM 928645100 406 24,150 24,150 0 0
FORM 13F INFORMATION TABLE 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 (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE - -------------------------------- ----------------- --------- -------- ---------- --- ---- ---------- -------- ---------- ------ ---- Waterfurnace Renewable Energy COM 9415EQ108 10,832 428,700 428,700 0 0 ev3 Inc COM 26928A200 21,940 1,782,330 1,782,330 0 0
-----END PRIVACY-ENHANCED MESSAGE-----