EMPYREAN CAPITAL PARTNERS, LP Information

10250 CONSTELLATION BOULEVARD, LOS ANGELES, California, 90067, (310) 843-9900

Report Date: 03/31/2013

Position Statistics:

Total Positions 44
New Positions 14
Increased Positions 19
Decreased Positions 15
Positions with Activity 34
Sold Out Positions 10
Total Mkt Value
(in $ millions)
1,796

Sector Weighting

Basic Materials 2.59%
Capital Goods
Conglomerates 5.72%
Consumer Cyclical 5.72%
Consumer/Non-Cyclical 5.81%
Energy 9.28%
Financial 14.04%
Healthcare 11.5%
Services 30.25%
Technology 5.28%
Transportation 1.59%
Utilities 8.22%

Institutional Holdings information is filed by major institutions on form 13-F with the Securities and Exchange Commission.

44 Positions as of 03/31/2013

Company Class Value of Shares ($1,000s) Change in Value ($1,000s) Change (%) Shares Held
SPRINT NEXTEL CORP COM SER 1 161,040 128,832 400 22,000,000
EXELON CORP COM 147,630 147,630 New 4,200,000
LIFE TECHNOLOGIES CORP COM 132,372 95,602 260 1,800,000
PLAINS EXPL& PRODTN CO COM 129,818 129,818 New 2,850,000
PENN NATL GAMING INC COM 115,300 115,300 New 2,000,000
CONSTELLATION BRANDS INC CL A 104,420 91,368 700 2,000,000
TYCO INTERNATIONAL LTD SHS 102,780 33,916 49.25 3,000,000
BALLY TECHNOLOGIES INC COM 101,070 27,819 37.98 1,862,700
YAHOO INC COM 90,168 90,168 New 3,400,000
MICROSOFT CORP COM 78,458 78,458 New 2,250,000
LABORATORY CORP AMER HLDGS COM NEW 74,228 New 750,000
TFS FINL CORP COM 66,900 New 6,000,000
LIBERTY MEDIA CORP DELAWARE CL A 66,507 New 527,000
UNITEDHEALTH GROUP INC COM 47,130 47,130 New 750,000
BARRICK GOLD CORP COM 46,450 46,450 New 2,500,000
TOWER GROUP INTL LTD COM 46,296 46,296 New 2,400,000
COMMONWEALTH REIT COM SH BEN INT 40,980 40,980 New 2,000,000
SPIRIT RLTY CAP INC COM 40,788 -46,455 (53.25) 1,800,000
TALISMAN ENERGY INC COM 36,832 36,832 New 3,200,000
U S AIRWAYS GROUP INC COM 28,515 28,515 New 1,500,000

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