13F-HR 1 d22586e13fvhr.txt FORM 13F-HOLDINGS REPORT UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 Form 13F Form 13F COVER PAGE Report for the Calendar Year Ended or Quarter Ended: December 31, 2004 Check here is Amendment [ ] Amendment Number: This Amendment (Check only one): [ ] is a restatement [ ] adds new holdings entries Institutional Investment Manager Filing this report: Highland Capital Management, L.P. 13455 Noel Road Suite 1300 Dallas, TX 75240 Form 13F File Number: 28-10659 The institutional investment manger 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 February 15, 2005 [Signature] [City, State] [Date] Report Type: (Check only one): [X] 13F Holdings Report (Check here if all holdings of this reporting managers 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 only if a portion of the holdings for this reporting manager are reported this report and a portion are reported by other reporting manager (s).) List of Other Managers Reporting for this Manager: NONE Form 13F Summary Page Report Summary: Number of Other Included Managers: none Form 13F Information Table Entry Total: 25 Form 13 F Information Table Value Total: 246,710 (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 NONE FORM 13F INFORMATION TABLE ------------------------------------------------------------------------------------------------------------------------------------ COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 ------------------------------------------------------------------------------------------------------------------------------------ NAMES OF TITLE OF VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY ISSUER CLASS CUSIP [x$1000] PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE ------------------------------------------------------------------------------------------------------------------------------------ Amgen, Inc. COMMON 031162AE0 3,381 52,700 SH SOLE SOLE Biolase Technology Inc. COMMON 90911108 3,828 352,200 SH SOLE SOLE Cablevision Systems Corp. COMMON 12686C109 498 20,000 SH SOLE SOLE Conseco, Inc. COMMON 208464883 399 20,000 SH SOLE SOLE Conseco, Inc. PREFERRED 208464867 10,600 400,000 SH SOLE SOLE Exide Technologies Inc. COMMON 302051206 2,530 183,614 SH SOLE SOLE Genesis Healthcare Corporation COMMON 37184D101 2,609 74,477 SH SOLE SOLE Hanger Orthopedic Group, Inc. COMMON 41043F208 3,813 470,800 SH SOLE SOLE Horizon Offshore COMMON 44043J105 731 440,275 SH SOLE SOLE Hospitality Properties COMMON 44106M102 1,380 30,000 SH SOLE SOLE Hybridon Inc. COMMON 44860M801 42 88,522 SH SOLE SOLE La Quinta Corporation COMMON 50419U202 409 45,000 SH SOLE SOLE MCI Inc. COMMON 552691107 49773 2,468,913 SH SOLE SOLE Neighborcare Inc COMMON 64015Y104 152,046 4,949,412 SH SOLE SOLE Owens and Minor COMMON 690732102 228 8,100 SH SOLE SOLE W EXP Pathmark Stores 09/10/201 70322A119 3 17,481 SH SOLE SOLE PSS World Medical COMMON 69366A100 2,328 186,000 SH SOLE SOLE Reliant Energy, Inc. COMMON 75952B105 118 8,644 SH SOLE SOLE Savvis Communications Corporation COMMON 805423100 3,012 2,596,292 SH SOLE SOLE Shiloh Industries, Inc. COMMON 824543102 210 15,000 SH SOLE SOLE Starbucks Jan 45 Puts PUTS 855244959 0 250,000 PUT SOLE SOLE Stericycle COMMON 858912108 460 10,000 SH SOLE SOLE Sun Healthcare Group COMMON 866933401 1,645 178,570 SH SOLE SOLE Telewest Global Inc. COMMON 87956T107 4,822 274,283 SH SOLE SOLE Unitedglobalcom, Inc. COMMON 913247508 1,845 191,044 SH SOLE SOLE