13F-HR 1 c80666e13fvhr.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: 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: Magnetar Financial LLC Address: 1603 Orrington Avenue, 13th Floor Evanston, IL 60201 Form 13F File Number: 28- 11800 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: Michael Turro Title: Chief Compliance Officer Phone: 847-905-4690 Signature, Place, and Date of Signing: /s/ Michael Turro Evanston, IL 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).) FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 Form 13F Information Table Entry Total: 217 Form 13F Information Table Value Total: $1,133,776 -------------- (thousands) List of Other Included Managers: NONE FORM 13F INFORMATION TABLE
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 ---------------------------- ---------------- --------- -------- ------------------- ---------- -------- ---------------------- VOTING AUTHORITY NAME OF TITLE OF VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER ---------------------- ISSUER CLASS CUSIP [x$1000] PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE ---------------------------- ---------------- --------- -------- ---------- --- ---- ---------- -------- ---------- ------ ---- 3M CO COM 88579Y101 3,893 67,660 SH SOLE 67,660 ABITIBIBOWATER INC COM 003687100 80 169,200 SH PUT SOLE 169,200 ABITIBIBOWATER INC COM 003687100 26 55,328 SH SOLE 55,328 ADVENT SOFTWARE INC COM 007974108 1,102 55,192 SH SOLE 55,192 AGL RES INC COM 001204106 1,300 41,481 SH SOLE 41,481 ALBANY INTL CORP NOTE 2.250% 3/1 012348AC2 5,920 10,500,000 PRN SOLE NONE ALCOA INC COM 013817101 5,630 500,000 SH PUT SOLE 500,000 ALCOA INC COM 013817101 6,392 567,660 SH SOLE 567,660 ALTRIA GROUP INC COM 02209S103 289 19,200 SH SOLE 19,200 AMERICA MOVIL SAB DE CV SPON ADR L SHS 02364W105 2,789 90,000 SH PUT SOLE 90,000 AMERICA MOVIL SAB DE CV SPON ADR L SHS 02364W105 2,789 90,000 SH SOLE 90,000 AMERICAN EXPRESS CO COM 025816109 1,336 72,000 SH CALL SOLE 72,000 AMERICAN EXPRESS CO COM 025816109 1,255 67,660 SH SOLE 67,660 AMERICAN INTL GROUP INC COM 026874107 550 350,000 SH CALL SOLE 350,000 AMERICAN INTL GROUP INC COM 026874107 16 10,500 SH SOLE 10,500 AMGEN INC NOTE 0.375% 2/0 031162AQ3 28,524 30,000,000 PRN SOLE NONE AMKOR TECHNOLOGY INC COM 031652100 125 57,500 SH CALL SOLE 57,500 ANADARKO PETE CORP COM 032511107 771 20,009 SH SOLE 20,009 ANSYS INC COM 03662Q105 1,294 46,400 SH SOLE 46,400 APPLE INC COM 037833100 33,141 388,300 SH CALL SOLE 388,300 ARCH COAL INC COM 039380100 6,435 395,000 SH CALL SOLE 395,000 ARCHER DANIELS MIDLAND CO COM 039483102 2,632 91,300 SH CALL SOLE 91,300 ARCHER DANIELS MIDLAND CO UNIT 99/99/9999 039483201 7,847 210,000 SH SOLE 210,000 ARES CAP CORP COM 04010L103 10,110 1,597,196 SH SOLE 1,597,196 AT&T INC COM 00206R102 1,928 67,660 SH SOLE 67,660 ATLAS AMER INC COM 049167109 9,325 627,969 SH SOLE 627,969
BANK OF AMERICA CORPORATION COM 060505104 282 20,000 SH PUT SOLE 20,000 BANK OF AMERICA CORPORATION COM 060505104 953 67,660 SH SOLE 67,660 BLACK HILLS CORP COM 092113109 1,172 43,472 SH SOLE 43,472 BLACKBOARD INC COM 091935502 1,495 57,000 SH SOLE 57,000 BOEING CO COM 097023105 2,756 64,600 SH CALL SOLE 64,600 BOEING CO COM 097023105 2,887 67,660 SH SOLE 67,660 BRISTOL MYERS SQUIBB CO COM 110122108 930 40,000 SH CALL SOLE 40,000 CACI INTL INC CL A 127190304 220 4,869 SH SOLE 4,869 CAL DIVE INTL INC NOTE 3.250%12/1 127914AB5 2,258 5,000,000 PRN SOLE NONE CANADIAN NAT RES LTD COM 136385101 762 19,054 SH SOLE 19,054 CATERPILLAR INC DEL COM 149123101 33,592 752,000 SH CALL SOLE 752,000 CATERPILLAR INC DEL COM 149123101 3,022 67,660 SH SOLE 67,660 CB RICHARD ELLIS GROUP INC CL A 12497T101 432 100,000 SH CALL SOLE 100,000 CEPHALON INC NOTE 2.000% 6/0 156708AP4 35,345 21,300,000 PRN SOLE NONE CHEVRON CORP NEW COM 166764100 14,794 200,000 SH PUT SOLE 200,000 CHEVRON CORP NEW COM 166764100 5,005 67,660 SH SOLE 67,660 CHINA MOBILE LIMITED SPONSORED ADR 16941M109 12,463 245,100 SH CALL SOLE 245,100 CHINA MOBILE LIMITED SPONSORED ADR 16941M109 20,340 400,000 SH PUT SOLE 400,000 CHINA MOBILE LIMITED SPONSORED ADR 16941M109 12,758 250,900 SH SOLE 250,900 CISCO SYS INC COM 17275R102 1,630 100,000 SH CALL SOLE 100,000 CISCO SYS INC COM 17275R102 1,739 106,700 SH SOLE 106,700 CIT GROUP INC COM 125581108 1,589 350,000 SH CALL SOLE 350,000 CIT GROUP INC COM 125581108 706 155,500 SH PUT SOLE 155,500 CITIGROUP INC COM 172967101 5,474 815,800 SH CALL SOLE 815,800 CITIGROUP INC COM 172967101 454 67,660 SH SOLE 67,660 CLIFFS NATURAL RESOURCES INC COM 18683K101 1,094 42,700 SH CALL SOLE 42,700 CME GROUP INC COM 12572Q105 1,165 5,600 SH CALL SOLE 5,600 COCA COLA CO COM 191216100 4,527 100,000 SH CALL SOLE 100,000 COCA COLA CO COM 191216100 3,063 67,660 SH SOLE 67,660
COGENT INC COM 19239Y108 534 39,325 SH SOLE 39,325 COLGATE PALMOLIVE CO COM 194162103 3,427 50,000 SH PUT SOLE 50,000 COLGATE PALMOLIVE CO COM 194162103 3,427 50,000 SH SOLE 50,000 COLLECTIVE BRANDS INC COM 19421W100 1,759 150,100 SH SOLE 150,100 CONOCOPHILLIPS COM 20825C104 2,124 41,000 SH CALL SOLE 41,000 CONOCOPHILLIPS COM 20825C104 1,238 23,903 SH SOLE 23,903 CONVERGYS CORP COM 212485106 116 18,091 SH SOLE 18,091 CORNING INC COM 219350105 1,811 190,000 SH CALL SOLE 190,000 D R HORTON INC COM 23331A109 636 90,000 SH CALL SOLE 90,000 D R HORTON INC COM 23331A109 2,221 314,200 SH PUT SOLE 314,200 D R HORTON INC COM 23331A109 1,770 250,400 SH SOLE 250,400 DELL INC COM 24702R101 2,560 250,000 SH CALL SOLE 250,000 DENDREON CORP COM 24823Q107 298 65,000 SH CALL SOLE 65,000 DENDREON CORP COM 24823Q107 7,577 1,654,300 SH PUT SOLE 1,654,300 DIODES INC NOTE 2.250%10/0 254543AA9 7,853 12,650,000 PRN SOLE NONE DIRECTV GROUP INC COM 25459L106 2,532 110,500 SH CALL SOLE 110,500 DIRECTV GROUP INC COM 25459L106 5,963 260,300 SH PUT SOLE 260,300 DIRECTV GROUP INC COM 25459L106 2,772 121,000 SH SOLE 121,000 DISH NETWORK CORP CL A 25470M109 716 64,600 SH SOLE 64,600 DISNEY WALT CO COM DISNEY 254687106 1,535 67,660 SH SOLE 67,660 DU PONT E I DE NEMOURS & CO COM 263534109 1,712 67,660 SH SOLE 67,660 E M C CORP MASS NOTE 1.750%12/0 268648AM4 33,152 35,500,000 PRN SOLE NONE EARTHLINK INC NOTE 3.250%11/1 270321AA0 12,460 14,000,000 PRN SOLE NONE ENDO PHARMACEUTICALS HLDGS I NOTE 1.750% 4/1 29264FAA4 28,992 30,000,000 PRN SOLE NONE ENI S P A SPONSORED ADR 26874R108 335 7,004 SH SOLE 7,004 EQUIFAX INC COM 294429105 273 10,293 SH SOLE 10,293 ERP OPER LTD PARTNERSHIP NOTE 3.850% 8/1 26884AAV5 5,978 7,000,000 PRN SOLE NONE EXXON MOBIL CORP COM 30231G102 2,347 29,400 SH PUT SOLE 29,400 EXXON MOBIL CORP COM 30231G102 5,401 67,660 SH SOLE 67,660
FACTSET RESH SYS INC COM 303075105 1,194 27,000 SH SOLE 27,000 FALCONSTOR SOFTWARE INC COM 306137100 375 135,000 SH SOLE 135,000 FORD MTR CO DEL NOTE 4.250%12/1 345370CF5 10,950 42,115,000 PRN SOLE NONE FORD MTR CO DEL COM PAR $0.01 345370860 4,543 1,983,993 SH SOLE 1,983,993 FOREST OIL CORP COM PAR $0.01 346091705 1,239 75,140 SH SOLE 75,140 FREEPORT-MCMORAN COPPER & GO COM 35671D857 3,976 162,700 SH CALL SOLE 162,700 FREEPORT-MCMORAN COPPER & GO COM 35671D857 12,242 500,900 SH PUT SOLE 500,900 FREEPORT-MCMORAN COPPER & GO COM 35671D857 8,475 346,765 SH SOLE 346,765 GENERAL CABLE CORP DEL NEW NOTE 0.875%11/1 369300AD0 8,588 15,000,000 PRN SOLE NONE GENERAL ELECTRIC CO COM 369604103 3,645 225,000 SH CALL SOLE 225,000 GENERAL ELECTRIC CO COM 369604103 1,096 67,660 SH SOLE 67,660 GENERAL MTRS CORP COM 370442105 2,056 642,600 SH PUT SOLE 642,600 GENERAL MTRS CORP DEB SR CV C 33 370442717 5,289 1,650,000 SH SOLE 1,650,000 GENERAL MTRS CORP COM 370442105 960 300,000 SH SOLE 300,000 GILEAD SCIENCES INC NOTE 0.625% 5/0 375558AH6 6,915 5,000,000 PRN SOLE NONE GOLD FIELDS LTD NEW SPONSORED ADR 38059T106 124 12,500 SH CALL SOLE 12,500 GOLDMAN SACHS GROUP INC COM 38141G104 12,321 146,000 SH PUT SOLE 146,000 GOOGLE INC CL A 38259P508 3,107 10,100 SH CALL SOLE 10,100 GOOGLE INC CL A 38259P508 25,566 83,100 SH PUT SOLE 83,100 GREAT ATLANTIC & PAC TEA INC NOTE 6.750%12/1 390064AK9 3,902 7,650,000 PRN SOLE NONE GREATBATCH INC SDCV 2.250% 6/1 39153LAB2 11,148 13,000,000 PRN SOLE NONE HALLIBURTON CO COM 406216101 9,545 525,000 SH PUT SOLE 525,000 HALLIBURTON CO COM 406216101 8,830 485,700 SH SOLE 485,700 HEADWATERS INC COM 42210P102 1,086 160,836 SH SOLE 160,836 HEWLETT PACKARD CO COM 428236103 2,455 67,660 SH SOLE 67,660 HITTITE MICROWAVE CORP COM 43365Y104 1,147 38,943 SH SOLE 38,943 HOLOGIC INC FRNT 2.000%12/1 436440AA9 13,115 21,500,000 PRN SOLE NONE
HOME DEPOT INC COM 437076102 1,558 67,660 SH SOLE 67,660 HSBC HLDGS PLC SPON ADR NEW 404280406 3,407 70,000 SH CALL SOLE 70,000 HSBC HLDGS PLC SPON ADR NEW 404280406 3,407 70,000 SH PUT SOLE 70,000 HSBC HLDGS PLC SPON ADR NEW 404280406 3,361 69,050 SH SOLE 69,050 ILLUMINA INC NOTE 0.625% 2/1 452327AB5 12,232 10,000,000 PRN SOLE NONE IMPERIAL OIL LTD COM NEW 453038408 807 23,929 SH SOLE 23,929 INFORMATICA CORP COM 45666Q102 1,304 95,000 SH SOLE 95,000 INTEL CORP COM 458140100 992 67,660 SH SOLE 67,660 INTERNATIONAL BUSINESS MACHS COM 459200101 5,762 68,460 SH SOLE 68,460 ISHARES INC MSCI JAPAN 464286848 1,866 200,000 SH CALL SOLE 200,000 ISHARES INC MSCI JAPAN 464286848 1,866 200,000 SH PUT SOLE 200,000 ISHARES INC MSCI JAPAN 464286848 1,866 200,000 SH SOLE 200,000 ISHARES TR FTSE XNHUA IDX 464287184 9,986 350,000 SH CALL SOLE 350,000 ISHARES TR RUSSELL 2000 464587655 34,489 700,000 SH PUT SOLE 700,000 ISHARES TR FTSE XNHUA IDX 464287184 9,986 350,000 SH PUT SOLE 350,000 ISHARES TR FTSE XNHUA IDX 464287184 5,703 199,900 SH SOLE 199,900 J2 GLOBAL COMMUNICATIONS INC COM NEW 46626E205 601 30,000 SH SOLE 30,000 JOHNSON & JOHNSON COM 478160104 4,048 67,660 SH SOLE 67,660 JPMORGAN & CHASE & CO COM 46625H100 4,730 150,000 SH CALL SOLE 150,000 JPMORGAN & CHASE & CO COM 46625H100 12,297 390,000 SH PUT SOLE 390,000 JPMORGAN & CHASE & CO COM 46625H100 2,133 67,660 SH SOLE 67,660 KENDLE INTERNATIONAL INC NOTE 3.375% 7/1 48880LAA5 8,363 11,077,000 PRN SOLE NONE KENEXA CORP COM 488879107 707 88,656 SH SOLE 88,656 KRAFT FOODS INC CL A 50075N104 1,817 67,660 SH SOLE 67,660 L-3 COMMUNICATIONS HLDGS INC COM 502424104 1,963 26,600 SH SOLE 26,600 LACLEDE GROUP INC COM 505597104 1,078 23,022 SH SOLE 23,022 LIBERTY MEDIA CORP NEW INT COM SER A 53071M104 7,800 2,500,000 SH PUT SOLE 2,500,000 LIBERTY MEDIA CORP NEW INT COM SER A 53071M104 2,808 900,000 SH SOLE 900,000
LOEWS CORP COM 540424108 672 23,805 SH SOLE 23,805 MARKWEST ENERGY PARTNERS L P UNIT LTD PARTN 570759100 343 43,002 SH SOLE 43,002 MCDONALDS CORP COM 580135101 4,208 67,660 SH SOLE 67,660 MEDTRONIC INC COM 585055106 7,855 250,000 SH PUT SOLE 250,000 MEDTRONIC INC NOTE 1.500% 4/1 585055AL0 37,400 40,000,000 PRN SOLE NONE MEDTRONIC INC NOTE 1.625% 4/1 585055AM8 28,681 32,500,000 PRN SOLE NONE MEDTRONIC INC COM 585055106 5,762 183,400 SH SOLE 183,400 MERCK & CO INC COM 589331107 2,057 67,660 SH SOLE 67,660 MERRILL LYNCH & CO INC COM 590188108 582 50,000 SH CALL SOLE 50,000 MICROCHIP TECHNOLOGY INC SDCV 2.125%12/1 595017AB0 16,542 26,050,000 PRN SOLE NONE MICROSOFT CORP COM 594918104 1,315 67,660 SH SOLE 67,660 MULTIMEDIA GAMES INC COM 625453105 1,353 568,495 SH SOLE 568,495 MYLAN INC PFD CONV 628530206 10,891 17,000 SH SOLE 17,000 NEWMONT MINING CORP COM 651639106 476 11,700 SH CALL SOLE 11,700 NEWMONT MINING CORP COM 651639106 10,175 250,000 SH PUT SOLE 250,000 NEWMONT MINING CORP COM 651639106 10,171 249,901 SH SOLE 249,901 NEXEN INC COM 65334H102 1,299 73,877 SH SOLE 73,877 NISOURCE INC COM 65473P105 1,284 117,064 SH SOLE 117,064 NUANCE COMMUNICATIONS INC COM 67020Y100 1,450 140,000 SH SOLE 140,000 NYSE EURONEXT COM 629491101 6,845 250,000 SH CALL SOLE 250,000 OIL SVC HOLDRS TR DEPOSTRY RCPT 678002106 222 3,000 SH PUT SOLE 3,000 OIL SVC HOLDRS TR DEPOSTRY RCPT 678002106 414 5,600 SH SOLE 5,600 ONEOK INC NEW COM 682680103 1,225 42,051 SH SOLE 42,051 OPEN JT STK CO-VIMPEL COMMUN SPONSORED ADR 68370R109 2,363 330,000 SH PUT SOLE 330,000 OPEN JT STK CO-VIMPEL COMMUN SPONSORED ADR 68370R109 1,510 210,900 SH SOLE 210,900 PERFICIENT INC COM 71375U101 212 44,364 SH SOLE 44,364 PETRO-CDA COM 71644E102 1,171 53,477 SH SOLE 53,477 PETROLEO BRASILEIRO SA PETRO SPONSORED ADR 71654V408 1,252 51,132 SH SOLE 51,132
PFIZER INC COM 717081103 1,198 67,660 SH SOLE 67,660 PHILIP MORRIS INTL INC COM 718172109 1,014 23,300 SH SOLE 23,300 POTASH CORP SASK INC COM 73755L107 9,980 136,300 SH CALL SOLE 136,300 POWERSHARES QQQ TRUST UNIT SER 1 73935A104 328 11,000 SH SOLE 11,000 PROCTER & GAMBLE CO COM 742718109 4,183 67,660 SH SOLE 67,660 PRUDENTIAL FINL INC COM 744320102 233 7,700 SH SOLE 7,700 PULTE HOMES INC COM 745867101 2,514 230,000 SH SOLE 230,000 RAMBUS INC DEL COM 750917106 3,980 250,000 SH CALL SOLE 250,000 RESEARCH IN MOTION LTD COM 760975102 1,761 43,400 SH CALL SOLE 43,400 RIGHTNOW TECHNOLOGIES INC COM 76657R106 86 11,121 SH SOLE 11,121 RYLAND GROUP INC COM 783764103 406 23,000 SH SOLE 23,000 SASOL LTD SPONSORED ADR 803866300 1,143 37,678 SH SOLE 37,678 SELECT SECTOR SPDR TR SBI INT-FINL 81369Y605 6,868 549,000 SH CALL SOLE 549,000 SELECT SECTOR SPDR TR SBI INT-FINL 81369Y605 7,506 600,000 SH PUT SOLE 600,000 SELECT SECTOR SPDR TR SBI INT-FINL 81369Y605 4,057 324,300 SH SOLE 324,300 SESI L L C NOTE 1.500%12/1 78412FAH7 6,386 9,000,000 PRN SOLE NONE SOUTHERN UN CO NEW COM 844030106 391 30,000 SH PUT SOLE 30,000 SOUTHERN UN CO NEW COM 844030106 387 29,700 SH SOLE 29,700 STATOILHYDRO ASA SPONSORED ADR 85771P102 853 51,216 SH SOLE 51,216 STEWART ENTERPRISES INC NOTE 3.375% 7/1 860370AK1 4,436 9,750,000 PRN SOLE NONE SUCCESSFACTORS INC COM 864596101 277 48,210 SH SOLE 48,210 SUN MICROSYSTEMS INC COM NEW 866810203 1,910 500,000 SH CALL SOLE 500,000 SUNCOR ENERGY INC COM 867229106 1,763 90,419 SH SOLE 90,419 SYBASE INC COM 871130100 314 12,670 SH SOLE 12,670 SYMANTEC CORP NOTE 1.000% 6/1 871503AF5 13,824 15,000,000 PRN SOLE NONE SYNTEL INC COM 87162H103 988 42,724 SH SOLE 42,724 TARGET CORP COM 87612E106 8,633 250,000 SH CALL SOLE 250,000 TARGET CORP COM 87612E106 10,359 300,000 SH PUT SOLE 300,000
TEVA PHARMACEUTICAL INDS LTD ADR 881624209 5,513 129,500 SH SOLE 129,500 TIME WARNER TELECOM INC DBCV 2.375% 4/0 887319AC5 8,125 12,500,000 PRN SOLE NONE TOLL BROTHERS INC COM 889478103 514 24,000 SH SOLE 24,000 TYSON FOODS INC NOTE 3.250%10/1 902494AP8 5,945 7,500,000 PRN SOLE NONE UNIT CORP COM 909218109 1,283 48,016 SH SOLE 48,016 UNITED PARCEL SERVICE INC CL B 911312106 9,377 170,000 SH PUT SOLE 170,000 UNITED STATES STL CORP NEW COM 912909108 2,046 55,000 SH CALL SOLE 55,000 UNITED TECHNOLOGIES CORP COM 913017109 3,627 67,660 SH SOLE 67,660 URBAN OUTFITTERS INC COM 917047102 7,490 500,000 SH PUT SOLE 500,000 US BANCORP DEL COM NEW 902973304 8,754 350,000 SH PUT SOLE 350,000 VALERO ENERGY CORP NEW COM 91913Y100 692 32,000 SH CALL SOLE 32,000 VERISIGN INC SDCV 3.250% 8/1 92343EAD4 4,765 7,500,000 PRN SOLE NONE VERIZON COMMUNICATIONS INC COM 92343V104 2,294 67,660 SH SOLE 67,660 VISTAPRINT LIMITED SHS G93762204 1,089 58,510 SH SOLE 58,510 VOCUS INC COM 92858J108 526 28,863 SH SOLE 28,863 VORNADO RLTY TR DBCV 2.850% 4/0 929042AC3 3,732 5,000,000 PRN SOLE NONE WAL MART STORES INC COM 931142103 5,606 100,000 SH CALL SOLE 100,000 WAL MART STORES INC COM 931142103 3,644 65,000 SH PUT SOLE 65,000 WAL MART STORES INC COM 931142103 3,793 67,660 SH SOLE 67,660 WASTE MGMT INC DEL COM 94106L109 3,314 100,000 SH CALL SOLE 100,000 WILLIAMS COS INC DEL COM 969457100 408 28,182 SH SOLE 28,182 XILINX INC DBCV 3.125% 3/1 983919AD3 36,982 54,151,000 PRN SOLE NONE