13F-HR 1 mh03-08public13f.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: MARCH 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: Davidson Kempner Capital Management LLC Address: 65 East 55th Street, 19th Floor New York, NY 10022 13F File Number: 28-4666 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: Timothy I. Levart Title: Chief Operating Officer Phone: 212-446-4020 Signature, Place, and Date of Signing: Timothy I. Levart New York MAY 8, 2008 Report Type (Check only one.): [X] 13F HOLDINGS REPORT. [ ] 13F NOTICE. [ ] 13F COMBINATION REPORT. List of Other Managers Reporting for this Manager: I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE ACT OF 1934. Report Summary: Number of Other Included Managers: 0 Form 13F Information Table Entry Total: 133 Form 13F Information Table Value Total: 3,041,516 (X 1,000) CONFIDENTIAL INFORMATION HAS BEEN OMITTED FROM THIS FILING AND FILED SEPARATELY WITH THE COMMISSION. List of Other Included Managers: FORM 13F INFORMATION TABLE Title of Value Shares/ SH/ PUT/ Invtmnt Other Voting Authority Issuer Class CUSIP * $1000 PRN Amount PRN CALL Dscretn Mgrs Sole Shared None ACORDA THERAPEUTICS INC CS 00484M106 27,556 1,536,005 SH SOLE 1,536,005 ADC TELECOMMUNICATIONS 3.5%15 CB 000886AE1 3,589 4,000,000 PRN SOLE 4,000,000 ADC TELECOMMUNICATIONS 3.5%17 CB 000886AF8 1,767 2,000,000 PRN SOLE 2,000,000 ASSOCIATED ESTATES REALTY CP CS 045604105 3,760 328,700 SH SOLE 328,700 Affymax Inc CS 00826A109 9,300 667,596 SH SOLE 667,596 ATHENAHEALTH INC CS 04685W103 235 10,000 SH SOLE 10,000 AUXILIUM PHARMACEUTICALS INC CS 05334D107 76,703 2,872,756 SH SOLE 2,872,755 Avigen CS 53690103 6,906 2,529,705 SH SOLE 2,529,705 BAC 08/08 - 50 P OP 9EDA2G6H5 13,269 3,500 PUT SOLE 3,500 BBT 09/08 - 42.5 P OP 9EDA5QPI7 9,618 3,000.00 PUT SOLE 3,000 BGC 0.875% 11/15/2013 CB 369300AD0 13,484 10,000,000 PRN SOLE 10,000,000 General Cable Corp CS 369300108 23,545 398,600 SH SOLE 398,600 BIOSPECIFICS TECHNOLOGIES CS 090931106 196 16,300 SH SOLE 16,300 Cadence Pharmaceuticals Inc CS 12738T100 13,491 2,278,831 SH SOLE 2,278,831 CONTINENTAL AIRLINES CL B CS 210795308 3,118 162,151 SH SOLE 162,151 CARNIVAL CORP 0.0% 10/24/21 CB 143658AS1 5,263 7,250,000 PRN SOLE 7,250,000 CARNIVAL CORP 1.132% 4/29/2033 CB 143658AV4 4,639 7,150,000 PRN SOLE 7,150,000 CLEAR CHANNEL COMMUNICATIONS CS 184502102 1,555 53,226 SH SOLE 53,226 COEUR DALENE MINES CORP CS 192108108 114 28,200 SH SOLE 28,200 CEPH 2% 06/01/2015 CB 156708AP4 39,816 26,500,000 PRN SOLE 26,500,000 CEPHALON B 0% 6/15/33 CB 156708AL3 12,243 10,000,000 PRN SOLE 10,000,000 LOEWS CORP - CAROLINA GROUP CS 540424207 15,722 216,700 SH SOLE 216,700 Chelsea Therapeutics Internat CS 163428105 14,054 2,810,716 SH SOLE 2,810,716 CHARTER COMMUNICATIONS CS 16117M107 3,276 3,723,267 SH SOLE 3,723,267 CNINSURE INC-ADR CS 18976M103 172 15,000 SH SOLE 15,000 COMPELLENT TECHNOLOGIES INC CS 20452A108 156 12,500 SH SOLE 12,500 CALPINE CORP CS 131347304 12,850 697,634 SH SOLE 697,634 CHARLES RIVER 2.25% 6/15/13 CB 159864AB3 34,739 26,000,000 PRN SOLE 26,000,000 Delta Airlines CS 247361702 2,703 314,272 SH SOLE 314,270 DANA CORP HOLDING CS 235825205 48,391 4,839,091 SH SOLE 4,839,091 DRESS BARN 2.50% 12/15/2024 REG CB 261570AB1 7,042 5,000,000 PRN SOLE 5,000,000 DICE HOLDINGS INC CS 253017107 111 12,500 SH SOLE 12,500 ACAS 08/08- 30 P OP 9EDA2B991 3,423 1,000 PUT SOLE 1,000 ACAS 08/08 - 35 P OP 9EDA2B9I1 3,423 1,000 PUT SOLE 1,000 DST SYSTEMS - A 4.125% 144A CB 233326AB3 29,120 20,000,000 PRN SOLE 20,000,000 DEUTSHE TELEKOM CS 251566105 16,006 965,398 SH SOLE 965,398 DYNEGY INC-CL A CS 26817G102 39,845 5,050,000 SH SOLE 5,050,000 ENERGY INFRASTRUCTURE CS 29269P109 886 89,041 SH SOLE 89,041 ELITE PHARMACEUTICALS INC CL A CS 28659T200 131 142,819 SH SOLE 142,819 EMC CORP/MASS CS 268648102 4,955 345,537 SH SOLE 345,537 EL PASO CORP CS 28336L109 7,654 460,000 SH SOLE 460,000 EPR 5.75% Pfd Series C PS 29380T402 3,149 150,000 SH SOLE 150,000 ENTERGY CORP CS 29364G103 31,361 287,500 SH SOLE 287,500 FCX M 6.75% Pfd PS 35671D782 21,068 150,000 SH SOLE 150,000 FITB 05/08 - 40 P OP 9EQ1XFIU7 3,217 1,538 PUT SOLE 1,538 FITB 08/08 - 35 P OP 9EDA2K9X8 4,184 2,000 PUT SOLE 2,000 FOSTER WHEELER LTD CS FWLT 13,586 240,000 SH SOLE 240,000 GIANT INTERACTIVE GROUP-ADR CS 374511103 253 20,000 SH SOLE 20,000 General Motors CS 370442105 286 15,000 SH SOLE 15,000 GM 6.25% 7/15/33 PREF CNVPFD 370442717 124,474 7,543,900 SH SOLE 7,543,900 GRANT PRIDECO INC CS 38821G101 214,802 4,364,115 SH SOLE 4,364,115 HAL 3.125% 07/15/23 REG CB 406216AM3 51,396 24,500,000 PRN SOLE 24,500,000 Hasbro 2.75% 12/01/21 CB 418056AN7 10,422 7,700,000 PRN SOLE 7,700,000 INDYMAC BANCORP INC CS 456607100 1,488 300,000 SH SOLE 300,000 INCYTE CORP CS 45337C102 21,962 2,095,593 SH SOLE 2,095,593 INTERMUNE INC CS 45884X103 6,732 461,435 SH SOLE 461,435 KRAFT FOODS CS 50075N104 217 7,008 SH SOLE 7,008 Kindred Healthcare Inc CS 494580103 39,353 1,799,400 SH SOLE 1,799,400 LONGTOP FINANCIAL TECHNO-ADR CS 54318P108 189 10,000 SH SOLE 10,000 LODGIAN INC CS 54021P403 15,692 1,407,328 SH SOLE 1,407,328 LULULEMON ATHLETICA INC-W/I CS 550021109 711 25,000 SH SOLE 25,000 Level 3 Communications Inc CS 52729N100 6,330 3,000,000 SH SOLE 3,000,000 MASIMO CORPORATION CS 574795100 90,195 3,478,404 SH SOLE 3,478,404 MERRILL 0% 3/13/32 CB 590188W46 10,655 10,000,000 PRN SOLE 10,000,000 MERRILL LYNCH & CO INC CS 590188108 464 11,400 SH SOLE 11,400 MGM MIRAGE CS 552953101 3,908 66,500 SH SOLE 66,500 ALTRIA GROUP INC CS 02209S103 69,171 3,115,824 SH SOLE 3,115,824 MOTOROLA INC CS 620076109 23,381 2,514,063 SH SOLE 2,514,063 MYLAN 6.5% PFD 11/15/10 PS 628530206 10,535 12,188 SH SOLE 12,188 NAVISTAR INTERNATIONAL CS 63934E108 43,519 723,500 SH SOLE 723,500 NEXTWAVE WIRELESS INC CS 65337Y102 4,143 822,076 SH SOLE 822,076 NRG 5.75% 3/09 Pfd PS 629377870 8,588 25,000 SH SOLE 25,000 NRG ENERGY INC CS 629377508 4,687 120,200 SH SOLE 120,200 Northwest Airlines CS 667280408 5,925 659,049 SH SOLE 659,049 NETEZZA CORP CS 64111N101 95 10,000 SH SOLE 10,000 OSTEOLOGIX INC CS 68858P104 1,129 1,070,000 SH SOLE 1,070,000 GRUPO AEROPORTUARIO DEL-ADR CS 400501102 335 15,000 SH SOLE 15,000 METROPCS CS 591708102 335 19,700 SH SOLE 19,700 PFIZER CORP CS 717081103 37,576 1,795,321 SH SOLE 1,795,321 PHILIP MORRIS INTERNATIONAL CS 718172109 151,873 3,002,624 SH SOLE 3,002,624 PHARMERICA CORP CS 71714F104 33,123 1,998,949 SH SOLE 1,998,949 POWER MEDICAL INTERVENTIONS CS PMII 8,222 1,384,166 SH SOLE 1,384,166 DELTEK INC CS 24784L105 646 50,000 SH SOLE 50,000 QUALCOMM INC CS 747525103 4,501 109,864 SH SOLE 109,864 XMSR 4/08 10 - C OC 9837599d5 960 830 CALL SOLE 830 QWEST COMMUNICATIONS CS 749121109 3,518 776,508 SH SOLE 776,508 RIG BOND 12/20/10 - SERIES A CB 893830AU3 10,887 10,000,000 PRN SOLE 10,000,000 RIG BOND 12/20/11 - SERIES B CB 893830AV1 10,910 10,000,000 PRN SOLE 10,000,000 RIG BOND 12/20/12 - SERIES C CB 893830aw9 10,926 10,000,000 PRN SOLE 10,000,000 TRANSOCEAN INC. CS G90073100 825 6,101 SH SOLE 6,101 RISKMETRICS GROUP INC CS 767735103 194 10,000 SH SOLE 10,000 ROSETTA GENOMICS LTD CS ROSG 3,064 631,750 SH SOLE 631,750 SYCAMORE NETWORKS INC CS 871206108 13,842 3,792,204 SH SOLE 3,792,204 SANDRIDGE ENERGY INC CS 80007P307 1,958 50,000 SH SOLE 50,000 SEAGATE TECHNOLOGY TRA CS 811804988 27 2,686,617 SH SOLE 2,311,617 SGP 6% PFD 8/13/10 PS 806605705 3,955 25,821 SH SOLE 25,821 SHAW GROUP INC CS 820280105 10,508 222,910 SH SOLE 222,910 SLM 4/08 - 25 C OC SLM+DE 1,228 800 CALL SOLE 800 SPDR TRUST SERIES 1 CS 78462F103 1,188 9,000 SH SOLE 9,000 SEQUENOM INC CS 817337405 25,115 3,881,760 SH SOLE 3,881,760 SOUTHERN UNION CO CS 844030106 10,642 457,324 SH SOLE 457,324 SUN-TIMES MEDIA GROUP - CL A CS 86688Q100 3,498 4,858,073 SH SOLE 4,858,073 SPX 04/08 -1375 C OC 9EDA2S5T4 66,664 504 CALL SOLE 504 SPX 06/08 - 1325 P OP 9EQ1R1174 79,362 600 PUT SOLE 596 SPX 09/08 - 1325 P OP 9EQ1YC8F7 94,176 712 PUT SOLE 712 SPX 04/08 - 1400 C OC 9EDA2S5Y3 129,096 976 CALL SOLE 976 SPX 6/08 - 1250P OP 9EQ1R11B5 92,589 700 PUT SOLE 700 SPX 6/08 - 1275 P OP 9EQ1R5LA6 162,031 1,225 PUT SOLE 1,225 TORONTO-DOMINION BANK CS 891160509 96,880 1,579,142 SH SOLE 1,579,142 TERADATA CORP CS 88076W103 31,169 1,412,938 SH SOLE 1,412,938 Thomson Corp USD CS 884903105 12,246 364,000 SH SOLE 364,000 TRUBION PHARMACEUTICALS INC CS 89778N102 12,484 1,329,508 SH SOLE 1,329,508 WYE 01/09 - 40 C OC 9830049AH 75,657 18,117 CALL SOLE 18,117 VALIDUS HOLDINGS LTD EQUITY CS g9319h102 34,713 1,481,569 SH SOLE 1,481,569 BMY 1/09 - 40 C OC VBM+AH 10,650 5,000 CALL SOLE 5,000 ELN 01/09 - 25 C OC 2840029AE 2,086 1,000 CALL SOLE 1,000 VIRGIN MOBILE USA INC-A CS 92769R108 102 50,000 SH SOLE 50,000 VMWARE INC - CLASS A CS 928563402 64,945 1,516,700 SH SOLE 1,516,700 VNO 3.875% 4/15/2025 CB 929043AC1 11,136 10,000,000 PRN SOLE 10,000,000 VALIDUS HOLDINGS LTD CS G9319H102 7,970 340,163 SH SOLE 340,163 PHARMASSET INC CS 71715N106 11,853 658,124 SH SOLE 658,124 Wal-Mart 1/09 - 60 C OC VWT+AL 11,853 2,250 CALL SOLE 2,250 WASHINGTON MUTUAL 7.75% PFD CNVPFD 939322814 1,891 2,693 SH SOLE 2,693 NEXTWAVE WIRELESS INC CS 65337Y102 39,048 7,747,542 SH SOLE 7,747,542 WFC 7/08 - 35 P OP 9EDA0LA57 19,788 6,800 PUT SOLE 6,800 WFC 07/08 - 37.5 P OP 9EDA0FT43 4,365 1,500 PUT SOLE 1,500 WASHINGTON MUTUAL CS 939322103 1,962 190,508 SH SOLE 190,508 WRIGHT MED GROUP CS 98235T107 4,255 176,536 SH SOLE 176,536 WABASH NATIONAL CS 929566107 187 20,805 SH SOLE 20,805 WASHINGTON REAL ESTATE INV CS 939653101 7,376 220,700 SH SOLE 220,700 REIS INC CS 75936P105 4,536 847,870 SH SOLE 847,870 XTENT INC CS 984141101 9,290 1,880,500 SH SOLE 1,880,500 YAHOO! INC CS 984332106 229,207 7,922,816 SH SOLE 7,922,816 3,041,516