-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, C5/qrojrGt33mq6lmYhpwdmnPzXEmPqLMRinpGi7CevZSEg27qfMOG6BRXCkds2w R4ZypyFbADuehbY3eGuxtA== 0001135428-09-000055.txt : 20090217 0001135428-09-000055.hdr.sgml : 20090216 20090217110823 ACCESSION NUMBER: 0001135428-09-000055 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20081231 FILED AS OF DATE: 20090217 DATE AS OF CHANGE: 20090217 EFFECTIVENESS DATE: 20090217 FILER: COMPANY DATA: COMPANY CONFORMED NAME: WESTCHESTER CAPITAL MANAGEMENT INC /NY/ CENTRAL INDEX KEY: 0000938773 IRS NUMBER: 000000000 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-04764 FILM NUMBER: 09608435 BUSINESS ADDRESS: STREET 1: 100 SUMMIT LAKE DRIVE CITY: VALHALLA STATE: NY ZIP: 10595 MAIL ADDRESS: STREET 1: WESTCHESTER CAPITAL MANAGEMENT INC/NY STREET 2: 100 SUMMIT LAKE DRIVE CITY: VALHALLA STATE: NY ZIP: 10595 13F-HR 1 westchester_form13f-hr.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 holding entries. Institutional Investment Manager Filing this Report: Name: WESTCHESTER CAPITAL MANAGEMENT, INC. Address: 100 SUMMIT LAKE DRIVE VALHALLA, NY 10595 Form 13F File Number: 28-04764 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 W. GREEN Title: PRESIDENT Phone: 914-741-5600 Signature, Place, and Date of Signing: /S/ FREDERICK W. GREEN VALHALLA, NEW YORK 2/17/08 - --------------------------------- --------------------------- ------- [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: 1 Form 13F Information Table Entry Total: 67 Form 13F Information Table Value Total: $638,627,068 (actual) 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. NO. FORM 13F FILE NUMBER NAME - --- -------------------- ------------------------------------------ 1 28-11493 Green & Smith Investment Management L.L.C. FORM 13F Westchester Capital Management, Inc. December 31, 2008
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 - -------- -------- -------- -------- ------------------ -------- -------- ------------------ FAIR MARKET TITLE OF CUSIP VALUE SHARES/ SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY NAME OF ISSUER CLASS NUMBER (X$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE - ---------------------------- ----- -------- -------- ------- --- ----- ------- -------- ---- ------ ---- Equities COMMON STOCK Alternative Asset Mgmt Acquisition Corp COMMON STOCK 02149U101 6,052,200 655,000 SH (a) Sole Sole BCE Inc. COMMON STOCK 05534B760 47,566,846 2,336,700 SH (a) Sole Sole BCE Inc. COMMON STOCK 05534B760 89,568 4,400 SH (b) Shared 1 Sole BPW Acquisition Corp. COMMON STOCK 055637102 2,691,000 300,000 SH (a) Sole Sole CC Media Holdings, Inc. COMMON STOCK 12502P102 2,486 1,100 SH (a) Sole Sole CC Media Holdings, Inc. COMMON STOCK 12502P102 57,630 25,500 SH (b) Shared 1 Sole Centennial Communications Corp. COMMON STOCK 15133V208 14,920,672 1,851,200 SH (a) Sole Sole Centennial Communications Corp. COMMON STOCK 15133V208 1,036,516 128,600 SH (b) Shared 1 Sole Constellation Energy Group Inc. COMMON STOCK 210371100 33,581,861 1,338,456 SH (a) Sole Sole Constellation Energy Group Inc. COMMON STOCK 210371100 2,574,234 102,600 SH (b) Shared 1 Sole Embarq Corporation COMMON STOCK 29078E105 58,050,228 1,614,300 SH (a) Sole Sole Embarq Corporation COMMON STOCK 29078E105 3,182,460 88,500 SH (b) Shared 1 Sole EnCana Corporation COMMON STOCK 292505104 7,469,336 160,700 SH (a) Sole Sole EnCana Corporation COMMON STOCK 292505104 548,464 11,800 SH (b) Shared 1 Sole GHL Acquisition Corp. COMMON STOCK 36172H108 4,392,000 488,000 SH (a) Sole Sole Genentech, Inc. COMMON STOCK 368710406 48,032,250 579,330 SH (a) Sole Sole Genentech, Inc. COMMON STOCK 368710406 2,752,612 33,200 SH (b) Shared 1 Sole Huntsman Corporation COMMON STOCK 447011107 14,747,397 4,287,034 SH (a) Sole Sole Huntsman Corporation COMMON STOCK 447011107 353,976 102,900 SH (b) Shared 1 Sole Liberty Acquisition Holdings Corp. COMMON STOCK 53015Y107 7,875,500 950,000 SH (a) Sole Sole Mentor Corp. COMMON STOCK 587188103 139,185 4,500 SH (a) Sole Sole Merrill Lynch & Co., Inc. COMMON STOCK 590188108 28,278,356 2,429,412 SH (a) Sole Sole Merrill Lynch & Co., Inc. COMMON STOCK 590188108 1,672,668 143,700 SH (b) Shared 1 Sole Mueller Water Products, Inc. Class B COMMON STOCK 624758207 1,350,400 160,000 SH (a) Sole Sole Nationwide Financial Services, Inc. COMMON STOCK 638612101 61,133,211 1,170,910 SH (a) Sole Sole Nationwide Financial Services, Inc. COMMON STOCK 638612101 5,377,630 103,000 SH (b) Shared 1 Sole Nextwave Wireless Inc. COMMON STOCK 65337Y102 120,945 1,343,835 SH (a) Sole Sole Puget Energy, Inc. COMMON STOCK 745310102 52,298,188 1,917,792 SH (a) Sole Sole Puget Energy, Inc. COMMON STOCK 745310102 4,627,719 169,700 SH (b) Shared 1 Sole Rohm and Haas Company COMMON STOCK 775371107 84,679,549 1,370,441 SH (a) Sole Sole Rohm and Haas Company COMMON STOCK 775371107 5,168,733 83,650 SH (b) Shared 1 Sole Sapphire Industrials Corp. COMMON STOCK 80306T109 21,091,917 2,300,100 SH (a) Sole Sole Sapphire Industrials Corp. COMMON STOCK 80306T109 1,374,583 149,900 SH (b) Shared 1 Sole Sirius Satellite Radio Inc. COMMON STOCK 82967N108 1,511 12,593 SH (b) Shared 1 Sole Sovereign Bancorp, Inc. COMMON STOCK 845905108 2,957,650 992,500 SH (a) Sole Sole Sovereign Bancorp, Inc. COMMON STOCK 845905108 618,350 207,500 SH (b) Shared 1 Sole Take-Two Interactive Software, Inc. COMMON STOCK 874054109 7,559,471 999,930 SH (a) Sole Sole Teva Pharmaceutical Industries Ltd. COMMON STOCK 881624209 934,497 21,952 SH (a) Sole Sole 3Com Corporation COMMON STOCK 885535104 4,820,982 2,114,466 SH (a) Sole Sole 3Com Corporation COMMON STOCK 885535104 384,057 168,446 SH (b) Shared 1 Sole Triplecrown Acquisition Corp. COMMON STOCK 89677G109 6,179,340 682,800 SH (a) Sole Sole Triplecrown Acquisition Corp. COMMON STOCK 89677G109 887,805 98,100 SH (b) Shared 1 Sole UST Inc. COMMON STOCK 902911106 61,651,068 888,600 SH (a) Sole Sole UST Inc. COMMON STOCK 902911106 4,030,978 58,100 SH (b) Shared 1 Sole Victory Acquisition Corporation COMMON STOCK 92644D100 4,850,000 500,000 SH (a) Sole Sole
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 - -------- -------- -------- -------- ------------------ -------- -------- ------------------ FAIR MARKET TITLE OF CUSIP VALUE SHARES/ SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY NAME OF ISSUER CLASS NUMBER (X$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE - ---------------------------- ----- -------- -------- ------- --- ----- ---------- -------- ---- ------ ---- Fixed Income CORPORATE BONDS Acuity Brands, Inc. senior note CORPORATE BONDS 00508YAA0 2,000,000 2,000,000 PRN (a) Sole Sole 6.000% Due 02-01-09 Case New Holland Inc. note CORPORATE BONDS 147446AK4 1,975,000 2,000,000 PRN (a) Sole Sole 6.000% Due 06-01-09 Commercial Metals Co. senior unsecured no CORPORATE BONDS 201723AC7 2,000,000 2,000,000 PRN (a) Sole Sole 6.750% Due 02-15-09 Commercial Metals Co. senior unsecured no CORPORATE BONDS 201723AC7 1,200,000 1,200,000 PRN (b) Shared 1 Sole 6.750% Due 02-15-09 Xerox Corporation note CORPORATE BONDS 984121BG7 2,005,000 2,000,000 PRN (a) Sole Sole 9.750% Due 01-15-09 PUTS iShares Nasdaq Biotech PUTS 464287556 314,820 636 PUT (a) Sole Sole iShares Nasdaq Biotech PUTS 464287556 23,265 47 PUT (b) Shared 1 Sole KBW Insurance ETF PUTS 78464A789 467,775 1,215 PUT (a) Sole Sole KBW Insurance ETF PUTS 78464A789 37,345 97 PUT (b) Shared 1 Sole SPDR Trust Series 1 Fund PUTS 78462F103 1,837,748 4,596 PUT (a) Sole Sole SPDR Trust Series 1 Fund PUTS 78462F103 158,369 413 PUT (b) Shared 1 Sole Telecom HOLDRS Trust PUTS 87927P200 3,329,200 5,945 PUT (a) Sole Sole Telecom HOLDRS Trust PUTS 87927P200 223,440 399 PUT (b) Shared 1 Sole Teva Pharmaceutical Industries PUTS 881624209 221,100 220 PUT (a) Sole Sole US Natural Gas Fund PUTS 912318102 392,490 801 PUT (a) Sole Sole US Natural Gas Fund PUTS 912318102 28,910 59 PUT (b) Shared 1 Sole Materials Select Sector SPDR Fund PUTS 81369Y100 2,973,030 5,262 PUT (a) Sole Sole Materials Select Sector SPDR Fund PUTS 81369Y100 225,435 399 PUT (b) Shared 1 Sole Energy Select Sector SPDR Fund PUTS 81369Y506 434,875 1,225 PUT (a) Sole Sole Energy Select Sector SPDR Fund PUTS 81369Y506 32,305 91 PUT (b) Shared 1 Sole Utilities Select Sector SPDR Fund PUTS 81369Y886 538,758 1,814 PUT (a) Sole Sole Utilities Select Sector SPDR Fund PUTS 81369Y886 42,174 142 PUT (b) Shared 1 Sole Total 638,627,068
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