13F-HR 1 f13f20030331.txt 13F FILING FOR PCM 03/31/03 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Form 13F Form 13F COVER PAGE Report for the Calendar Year or Quarter Ended: March 31, 2003 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: Pequot Capital Management, Inc. Address: 500 Nyala Farm Road Westport, CT 06880 Form 13F File Number: 28-04495 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: Richard Joslin Title: Principal Phone: (203) 429-2200 Signature, Place, and Date of Signing: /s/Richard Joslin Westport, CT 5/14/03 [Signature] [City, State] [Date] Report Type (Check only one.): [x ] 13F HOLDINGS REPORT. [ ] 13F NOTICE. [ ] 13F COMBINATION REPORT. List of Other Managers Reporting for the Manager: NONE Form 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 Form 13F Information Table Entry Total: 593 Form 13F Information Table Value Total: $4,812,530 (thousands) List of Other Included Managers: NONE Title Voting Authority ---------------------- Of VALUE Shrs./ Shrs./Put/ InvstmntOther Name of Issuer Class Cusip (x $1000) Prn Amt. Prn Call Dscrtn Mgrs. Sole Shared None ------------------------------------------------------------------------------------------------------------------------------- 3COM CORP COM 885535104 $4,380 890083 sh sole 890083 A.T. & T. WIRELESS COM 00209A106 $4,499 681600 sh sole 681600 ABGENIX INC COM 00339B107 $1,305 150000 sh sole 150000 ABIOMED INC COM 003654100 $1,287 330000 sh sole 330000 ACCLAIM ENTMT INC COM 004325205 $302 775000 sh sole 775000 ACCREDO HEALTH INC COM 00437V104 $42,871 1761400 sh sole 1761400 ACTELION LTD COM 99000VF40 $4,391 93200 sh sole 93200 ACTIVISION INC COM 004930202 $39,907 2761700 sh sole 2761700 ACX TECHNOLOGIES INC. COM 388690109 $301 54800 sh sole 54800 ADAPTEC INC COM 00651F108 $1,138 188800 sh sole 188800 ADMINISTAFF INC COM 007094105 $2,274 363800 sh sole 363800 ADVANCED FIBRE COMMUNICATIONS INC COM 00754A105 $3,254 214900 sh sole 214900 ADVANCED MEDICAL OPTICS COM 00763M108 $5,017 373000 sh sole 373000 ADVANCED MICRO DEVIC ES INC COM 007903107 $1,111 179800 sh sole 179800 ADVANCED PCS COM 00790K109 $4,319 152400 sh sole 152400 AEROPOSTALE INC COM 007865108 $506 38200 sh sole 38200 AGNICO EAGLE MINES COM 008474108 $9,392 716400 sh sole 716400 AKORN INC COM 009728106 $150 200000 sh sole 200000 ALBERTSONS INC COM 013104104 $5,323 282400 sh sole 282400 ALIGN TECH INC COM 016255101 $1,331 220000 sh sole 220000 ALKERMES COM 01642T108 $30,514 3364300 sh sole 3364300 ALLIANCE SEMI CONDUCTOR CORP COM 01877H100 $206 64300 sh sole 64300 ALLIANT TECH SYSTEMS COM 018804104 $21,275 393900 sh sole 393900 ALLMERICA FINANCIAL CORP COM 019754100 $7,729 550900 sh sole 550900 ALLSCRIPTS INC COM 01988P108 $814 296100 sh sole 296100 ALTERA CORP COM COM 021441100 $4,089 302000 sh sole 302000 ALTRAN TECHNOLOGIES SA FRF COM 990002IX7 $413 137200 sh sole 137200 ALTRIA GROUP INC COM 02209S103 $4,164 139000 sh sole 139000 AMADEUS GLOBAL COM G0236H101 $918 200000 sh sole 200000 AMDOCS LTD COM G02602103 $1,594 120000 sh sole 120000 AMERICA MOVIL SR-L ADR COM 02364W105 $16,916 1265200 sh sole 1265200 AMERICAN CAPITAL STRATEGIES LTD COM 024937104 $6,126 273500 sh sole 273500 AMERICAN INTERNATIONAL GROUP INC COM 026874107 $3,016 61000 sh sole 61000 AMERICAN INTERNATIONAL GROUP INC COM 0268740EL $17,308 350000 sh call sole 350000 AMERICAN INTERNATIONAL GROUP INC COM 0268740EM $7,912 160000 sh call sole 160000 AMERICAN INTERNATIONAL GROUP INC COM 0268740HL $1,484 30000 sh call sole 30000 AMERICAN MEDICAL SYSTEMS COM 02744M108 $1,812 125400 sh sole 125400 AMERICAN RETIREMENT CORP COM 028913101 $555 300000 sh sole 300000 AMERICAN TOWER CORP COM 029912201 $4,375 792600 sh sole 792600 AMERICREDIT CORP COM 03060R101 $2,684 813200 sh sole 813200 AMERIGON INC COM 03070L300 $113 56900 sh sole 56900 AMGEN INC COM 031162100 $60,882 1057900 sh sole 1057900 AMR CORP COM 001765106 $4,200 2000000 sh sole 2000000 ANDREW CORPORATION COM 034425108 $34,795 6326444 sh sole 6326444 ANDRX GROUP COM 034553107 $4,034 341900 sh sole 341900 ANGIOTECH PHARMACEUTICALS COM 034918102 $2,868 144000 sh sole 144000 ANGLOGOLD LTD SPON ADR COM 035128206 $9,633 319200 sh sole 319200 ANTHEM SOUTHEAST INC COM 03674B104 $52,198 787900 sh sole 787900 ANTIGENICS COM 037032109 $1,176 141800 sh sole 141800 AOL TIME WARNER COM 02364JSDC $5,756 530000 sh call sole 530000 AOL TIME WARNER INC COM 00184A105 $14,382 1324300 sh sole 1324300 APAC TELESERVICES INC COM 00185E106 $46 20000 sh sole 20000 APACHE CORP COM 037411105 $11,477 185900 sh sole 185900 APEX SILVER MINE LTD COM G04074103 $10,995 820500 sh sole 820500 APPLE COMPUTER INC COM 037833100 $23,711 1676900 sh sole 1676900 APPLIED ANALYTICAL INDUSTRIES INC COM 00252W104 $1,724 200000 sh sole 200000 APPLIED MOLECULAR EVOLUTION COM 03823E108 $1,113 401800 sh sole 401800 APPLIX INC COM 038316105 $342 229200 sh sole 229200 ARV ASSISTED LIVING INC COM 00204C107 $768 200000 sh sole 200000 ASA LTD COM 002050102 $3,258 93900 sh sole 93900 ASCENTIAL SOFTWARE CORP COM 04362P108 $495 176900 sh sole 176900 ATHEROGENICS INC COM 047439104 $13,787 1473000 sh sole 1473000 ATMEL CORP COM 049513104 $67 41600 sh sole 41600 ATOS ORIGIN COM 9900019H4 $7,710 293500 sh sole 293500 AUTHENTIDATE HOLDING CORP COM 052666104 $454 252100 sh sole 252100 AUTOBYTEL.COM INC COM 05275N106 $800 200500 sh sole 200500 AVAYA INC COM 053499109 $115 56378 sh sole 56378 BAKER HUGHES INC COM 057224107 $6,725 224700 sh sole 224700 BALLARD POWER SYSTEMS INC. COM 05858H104 $2,714 289000 sh sole 289000 BANK AMERICA CORP COM 060505104 $15,915 238100 sh sole 238100 BARD C R INC COM 067383109 $35,061 556000 sh sole 556000 BARNES & NOBLE INC COM 067774109 $760 40000 sh sole 40000 BATTERY TECHNOLOGIES INC COM 07132T102 $2 152800 sh sole 152800 BEA SYSTEMS INC COM 073325102 $16,927 1669300 sh sole 1669300 BELL MICROPRODUCTS COM 078137106 $529 103500 sh sole 103500 BEMA GOLD CORP COM 08135F107 $575 500000 sh sole 500000 BENIHANA INC COM 082047200 $2,871 278750 sh sole 278750 BIO IMAGING TECHNOLOGIES COM 09056N103 $560 159900 sh sole 159900 BIOPURE CORP COM 09065H105 $580 173800 sh sole 173800 BIOSITE DIAGNOSTIC INC COM 090945106 $5,919 154100 sh sole 154100 BJ SERVICE CO COM 055482103 $5,664 164700 sh sole 164700 BJ'S WHOLESALE CLUB INC COM 05548J106 $9,178 812200 sh sole 812200 BOMBAY CO INC COM 097924104 $2,393 439000 sh sole 439000 BOOKS A MILLION INC COM 098570104 $112 50000 sh sole 50000 BOSTON BEER COMPANY COM 100557107 $879 70000 sh sole 70000 BOSTON SCIENTIFIC COM 101137107 $155,764 3821500 sh sole 3821500 BP, PLC COM 055622CGG $4,789 124100 sh call sole 124100 BP, PLC COM 0556221GH $50,167 1300000 sh call sole 1300000 BRITESMILE INC COM 110415205 $3,401 296222 sh sole 296222 BRITISH PETE PLC COM 055622104 $23,443 607500 sh sole 607500 BROCADE COMM SYSTEMS COM 111621108 $12,998 2663500 sh sole 2663500 BROOKSTONE INC COM 114537103 $1,630 100000 sh sole 100000 BROWN & BROWN INC COM 115236101 $23,758 758800 sh sole 758800 BRYSTOL MYERS SQUIBB COM 1101220FF $14,791 700000 sh call sole 700000 BRYSTOL MYERS SQUIBB COM 1101220FY $2,113 100000 sh call sole 100000 BUNGE LTD COM G16962105 $12,296 488700 sh sole 488700 BURLINGTON COAT FACTORY WHSE CORP COM 121579106 $2,140 131280 sh sole 131280 BURLINGTON RESOURCES INC COM 122014103 $16,102 337500 sh sole 337500 BUSINESS OBJECTS COM 990001A90 $8,026 491900 sh sole 491900 CABOT MICROELECTRONICS CORP COM 12709P103 $7,746 184700 sh sole 184700 CADENCE DESIGN SYSTEMS INC COM 127387108 $1,665 166500 sh sole 166500 CAL DIVE INTERNATIONAL COM 127914109 $1,151 63900 sh sole 63900 CANTEL MEDICAL COM 138098108 $1,557 121900 sh sole 121900 CAP. ONE FINANCIAL COM 14040H105 $49,874 1661900 sh sole 1661900 CAPITA GROUP PLC COM G1846J107 $2,661 712000 sh sole 712000 CAPITAL ONE FINANCIAL CORP COM 14040H0FZ $24,608 820000 sh call sole 820000 CAPTARIS INC COM 14071N104 $1,445 500000 sh sole 500000 CARDIOGENESIS CORP COM 14159w109 $4 12500 sh sole 12500 CAREMARK RX INC COM 141705103 $25,189 1387800 sh sole 1387800 CARNIVAL CRUISE LINES INC COM 143658300 $17,873 741300 sh sole 741300 CELL PATHWAYS INC COM 15114R101 $97 102100 sh sole 102100 CELL THERAPEUTICS COM 150934107 $182 22000 sh sole 22000 CELLSTAR CORP COM 150925204 $132 18180 sh sole 18180 CENDANT CORP COM 151313103 $8,573 675000 sh sole 675000 CENTEX CORP COM 152312104 $2,174 40000 sh sole 40000 CERADYNE INC COM 156710105 $2,583 281400 sh sole 281400 CERNER CORP COM 156782104 $4,494 138800 sh sole 138800 CHECKERS DRIVE-IN RESTAURANTS INC COM 162809305 $1,332 234424 sh sole 234424 CHECKFREE CORP COM 162813109 $1,416 63000 sh sole 63000 CHECKPOINT SYS INC COM 162825103 $344 35000 sh sole 35000 CHESAPEAKE ENERGY CO COM 165167107 $47,265 6013300 sh sole 6013300 CHEVRON TEXACO CORP COM 166764100 $4,526 70000 sh sole 70000 CHURCHILL DOWNS COM 171484108 $8,643 254200 sh sole 254200 CIPHERGREN BIOSYSTEMS COM 17252Y104 $225 39900 sh sole 39900 CIRRUS LOGIC INC COM 172755100 $905 450000 sh sole 450000 CITIGROUP COM 172967101 $14,631 424700 sh sole 424700 CITIGROUP, INC. 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