13F-HR 1 d76155_13fhr.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: December 31, 2008 ------------------------------ 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: Silver Point Capital, L.P. -------------------------------------------- Address: Two Greenwich Plaza -------------------------------------------- Greenwich, CT 06830 -------------------------------------------- 13F File Number: 028-11466 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: Frederick H. Fogel ----------------------------------- Title: Authorized Signatory ----------------------------------- Phone: (203) 542-4000 ----------------------------------- Signature, Place, and Date of Signing: /s/ Frederick H. Fogel Greenwich, CT February 17, 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: 13F File Number Name 28-____________ _______________________________________ FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 --------------- Form 13F Information Table Entry Total: 54 --------------- Form 13F Information Table Value Total: $1,130,151,000 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: 13F Information Table
------------------------------------------------------------------------------------------------------------------------------ Name Of Issuer Title Of Class Cusip Value (x$1000) Shares or PRN Amount SH/PRN Put/Call ------------------------------------------------------------------------------------------------------------------------------ 3COM CORP COM 885535104 20,885 9,160,000 SH AIRTRAN HLDGS INC CALL 00949P908 113 2,520 CALL AMERICAN AXLE & MFG HLDGS IN CALL 024061903 10 1,933 CALL AMERICAN EXPRESS CO CALL 025816909 10 1,900 CALL AMERICAN TOWER CORP CL A 029912201 4,398 150,000 SH BANK OF AMERICA CORPORATION COM 060505104 1,140 81,000 SH BEARINGPOINT INC* COM 074002106 540 399,997 SH BORLAND SOFTWARE CORP NOTE 2.750% 2/1 099849AB7 8,204 14,250,000 PRN BORLAND SOFTWARE CORP COM 099849101 252 240,000 SH BWAY HOLDING COMPANY COM 12429T104 8,278 1,040,000 SH CALPINE CORP COM NEW 131347304 588 80,702 SH DANA HOLDING CORP COM 235825205 3,553 4,800,864 SH DELTA AIR LINES INC DEL COM NEW 247361702 4,425 386,165 SH DIAMONDS TR UNIT SER 1 252787106 8,770 100,000 SH EPICOR SOFTWARE CORP COM 29426L108 11,040 2,300,000 SH EXCO RESOURCES INC COM 269279402 34,004 3,753,156 SH EXIDE TECHNOLOGIES *W EXP 05/05/201 302051123 26 103,500 SH GRACE W R & CO DEL NEW COM 38388F108 18,805 3,150,000 SH HAYES LEMMERZ INTL INC COM NEW 420781304 1,948 4,329,231 SH HILLTOP HOLDINGS INC COM 432748101 12,126 1,245,000 SH IPCS INC COM NEW 44980Y305 19,685 2,869,568 SH ISHARES TR DJ US REAL EST 464287739 42,815 1,150,000 SH ISHARES TR RUSSELL 2000 464287655 20,899 424,430 SH ISHARES TR PUT 464287955 41,325 25,000 PUT ISHARES TR CALL 464287905 26,790 50,000 CALL JAZZ TECHNOLOGIES INC.** *W EXP 03/15/201 47214E110 3,761,950 SH JOHNSON CTLS INC COM 478366107 1,816 100,000 SH KNOLOGY INC COM 499183804 7,018 1,360,000 SH LOUISIANA PAC CORP CALL 546347905 10 2,010 CALL MASCO CORP CALL 574599906 212 4,700 CALL MSC SOFTWARE CORP COM 553531104 40,013 5,990,000 SH NAVISITE INC COM NEW 63935M208 353 881,500 SH PORTLAND GEN ELEC CO COM NEW 736508847 469 24,106 SH ROCKWOOD HLDGS INC COM 774415103 11,156 1,033,000 SH SEARS HLDGS CORP COM 812350106 1,066 27,429 SH SELECT SECTOR SPDR TR SBI INT-FINL 81369Y605 9,465 750,000 SH SELECT SECTOR SPDR TR SBI INT-INDS 81369Y704 9,979 425,000 SH SIRIUS XM RADIO INC CALL 82967N908 120 49,513 CALL SIX FLAGS INC PIERS 83001P505 1,009 1,344,759 SH SMURFIT-STONE CONTAINER CORP CALL 832727901 20 2,500 CALL SPDR TR UNIT SER 1 78462F103 644,752 7,144,857 SH SPDR TR PUT 78462F953 42,300 65,000 PUT SPDR TR CALL 78462F903 24,900 30,000 CALL SPORT CHALET INC CL A 849163209 335 779,643 SH TIBCO SOFTWARE INC COM 88632Q103 13,234 2,550,000 SH TIME WARNER CABLE INC CL A 88732J108 252 11,745 SH TORCH ENERGY ROYALTY TRUST UNIT BEN INT 891013104 8,542 5,931,709 SH TOWER SEMICONDUCTOR LTD ORD M87915100 382 2,827,980 SH TOYOTA MOTOR CORP SP ADR REP2COM 892331307 982 15,000 SH TRIMAS CORP COM NEW 896215209 1,090 790,000 SH U S GEOTHERMAL INC COM 90338S102 1,249 1,505,000 SH VONAGE HLDGS CORP COM 92886T201 2,476 3,751,600 SH WILLIAMS COS INC DEL COM 969457100 10,570 730,000 SH XYRATEX LTD COM G98268108 5,753 1,950,000 SH ------------------------------------------------------------------------------------------------------------------------------------ Name Of Issuer Investment Discretion Other Managers Sole Voting Authority Shared None ------------------------------------------------------------------------------------------------------------------------------------ 3COM CORP SHARED-DEFINED 9,160,000 AIRTRAN HLDGS INC SHARED-DEFINED 2,520 AMERICAN AXLE & MFG HLDGS IN SHARED-DEFINED 1,933 AMERICAN EXPRESS CO SHARED-DEFINED 1,900 AMERICAN TOWER CORP SHARED-DEFINED 150,000 BANK OF AMERICA CORPORATION SHARED-DEFINED 81,000 BEARINGPOINT INC* SHARED-DEFINED 399,997 BORLAND SOFTWARE CORP SHARED-DEFINED None BORLAND SOFTWARE CORP SHARED-DEFINED 240,000 BWAY HOLDING COMPANY SHARED-DEFINED 1,040,000 CALPINE CORP SHARED-DEFINED 80,702 DANA HOLDING CORP SHARED-DEFINED 4,800,864 DELTA AIR LINES INC DEL SHARED-DEFINED 386,165 DIAMONDS TR SHARED-DEFINED 100,000 EPICOR SOFTWARE CORP SHARED-DEFINED 2,300,000 EXCO RESOURCES INC SHARED-DEFINED 3,753,156 EXIDE TECHNOLOGIES SHARED-DEFINED 103,500 GRACE W R & CO DEL NEW SHARED-DEFINED 3,150,000 HAYES LEMMERZ INTL INC SHARED-DEFINED 4,329,231 HILLTOP HOLDINGS INC SHARED-DEFINED 1,245,000 IPCS INC SHARED-DEFINED 2,869,568 ISHARES TR SHARED-DEFINED 1,150,000 ISHARES TR SHARED-DEFINED 424,430 ISHARES TR SHARED-DEFINED 25,000 ISHARES TR SHARED-DEFINED 50,000 JAZZ TECHNOLOGIES INC. SHARED-DEFINED 3,761,950 JOHNSON CTLS INC SHARED-DEFINED 100,000 KNOLOGY INC SHARED-DEFINED 1,360,000 LOUISIANA PAC CORP SHARED-DEFINED 2,010 MASCO CORP SHARED-DEFINED 4,700 MSC SOFTWARE CORP SHARED-DEFINED 5,990,000 NAVISITE INC SHARED-DEFINED 881,500 PORTLAND GEN ELEC CO SHARED-DEFINED 24,106 ROCKWOOD HLDGS INC SHARED-DEFINED 1,033,000 SEARS HLDGS CORP SHARED-DEFINED 27,429 SELECT SECTOR SPDR TR SHARED-DEFINED 750,000 SELECT SECTOR SPDR TR SHARED-DEFINED 425,000 SIRIUS XM RADIO INC SHARED-DEFINED 49,513 SIX FLAGS INC SHARED-DEFINED 1,344,759 SMURFIT-STONE CONTAINER CORP SHARED-DEFINED 2,500 SPDR TR SHARED-DEFINED 7,144,857 SPDR TR SHARED-DEFINED 65,000 SPDR TR SHARED-DEFINED 30,000 SPORT CHALET INC SHARED-DEFINED 779,643 TIBCO SOFTWARE INC SHARED-DEFINED 2,550,000 TIME WARNER CABLE INC SHARED-DEFINED 11,745 TORCH ENERGY ROYALTY TRUST SHARED-DEFINED 5,931,709 TOWER SEMICONDUCTOR LTD SHARED-DEFINED 2,827,980 TOYOTA MOTOR CORP SHARED-DEFINED 15,000 TRIMAS CORP SHARED-DEFINED 790,000 U S GEOTHERMAL INC SHARED-DEFINED 1,505,000 VONAGE HLDGS CORP SHARED-DEFINED 3,751,600 WILLIAMS COS INC DEL SHARED-DEFINED 730,000 XYRATEX LTD SHARED-DEFINED 1,950,000
* The CUSIP number for BearingPoint, Inc. common stock was changed to 074002205 effective December 11, 2008 ** Warrants to purchase Jazz Technologies, Inc. Common Stock now represent warrants to purchase Tower Semiconductor Ltd. Common Stock pursuant to a merger of the two entities effected on September 19, 2008. This filing does not include rehypothecated securities that were held in prime brokerage accounts at Lehman Brothers International(Europe) ("LBIE"), which is currently in administration proceedings in England.