13F-HR 1 d1263446_13f-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, 2011 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: Kingdon Capital Management, L.L.C. Address: 152 West 57th Street New York, New York 10019 13F File Number: 028-04575 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: William Walsh Title: Chief Financial Officer Phone: (212) 333-0100 Signature, Place, and Date of Signing: /s/ William Walsh New York, New York February 14, 2012 ----------------------- ----------------------- ------------------------ [Signature] [City, State] [Date] Report Type (Check only one.): [X] 13F HOLDINGS REPORT. [_] 13F NOTICE. [_] 13F COMBINATION REPORT. FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 3 Form 13F Information Table Entry Total: 135 Form 13F Information Table Value Total: 1,863,980 (thousands) List of Other Included Managers: Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional managers with respect to which this report is filed, other than the manager filing this report. No. 13F File Number Name 028-10584 Kingdon Associates 028-13996 M. Kingdon Offshore Master Fund L.P. 028-10842 Kingdon Family Partnership, L.P. FORM 13F INFORMATION TABLE
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 TITLE VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY NAME OF ISSUER OF CLASS CUSIP (X$1000) PRN AMT PRN CALL DISCRETION MGRS SOLE SHARED NONE -------------- -------- ----- -------- ------- --- ---- ----------- ---- ---- ------ ---- 02MICRO INTERNATIONAL LTD SPONS ADR 67107W100 501 126,208 SHS Shared-Defined 1/2/3 126,208 ACACIA RESH CORP ACACIA TCH COM 003881307 29,756 815,000 SHS Shared-Defined 1/2/3 815,000 ALBEMARLE CORP COM 012653101 10,302 200,000 SHS Shared-Defined 1/2/3 200,000 ALKERMES INC COM 01642T108 6,614 381,200 SHS Shared-Defined 1/2/3 381,200 ALLEGHENY TECHNOLOGIES INC COM 01741R102 11,950 250,000 SHS Shared-Defined 1/2/3 250,000 AMARIN CORP PLC SPONS ADR NEW 023111206 15,239 2,037,300 SHS Shared-Defined 1/2/3 2,037,300 AMARIN CORP PLC SPONS ADR NEW 023111206 1,873 250,000 CALL Shared-Defined 1/2/3 250,000 AMYLIN PHARMACEUTICALS INC COM 032346108 13,408 1,178,184 SHS Shared-Defined 1/2/3 1,178,184 AMYLIN PHARMACEUTICALS INC COM 032346108 2,845 250,000 CALL Shared-Defined 1/2/3 250,000 APPLE INC COM 037833100 141,747 350,000 SHS Shared-Defined 1/2/3 350,000 ASHLAND INC NEW COM 044209104 8,574 150,000 SHS Shared-Defined 1/2/3 150,000 AVNET INC COM 053807103 10,076 324,100 SHS Shared-Defined 1/2/3 324,100 BAIDU INC SPON ADR REP A 056752108 4,018 34,500 SHS Shared-Defined 1/2/3 34,500 BEAM INC COM 073730103 845 16,500 SHS Shared-Defined 1/2/3 16,500 BIOGEN IDEC INC COM 09062X103 9,905 90,000 SHS Shared-Defined 1/2/3 90,000 BRINKER INTL INC COM 109641100 7,659 286,200 SHS Shared-Defined 1/2/3 286,200 CSX CORP COM 126408103 16,848 800,000 SHS Shared-Defined 1/2/3 800,000 CABLEVISION SYS CORP CL A NY CABLVS 12686C109 5,688 400,000 SHS Shared-Defined 1/2/3 400,000 CAPITAL ONE FINL CORP COM 14040H105 25,374 600,000 SHS Shared-Defined 1/2/3 600,000 CATERPILLAR INC DEL COM 149123101 36,240 400,000 CALL Shared-Defined 1/2/3 400,000 CELGENE CORP COM 151020104 17,229 254,899 SHS Shared-Defined 1/2/3 254,899 CHEESECAKE FACTORY INC COM 163072101 3,061 104,306 SHS Shared-Defined 1/2/3 104,306 CHEMTURA CORP COM NEW 163893209 2,268 200,000 SHS Shared-Defined 1/2/3 200,000 CHIPOTLE MEXICAN GRILL INC COM 169656105 507 1,500 SHS Shared-Defined 1/2/3 1,500 CITIGROUP INC COM NEW 172967424 39,465 1,500,000 SHS Shared-Defined 1/2/3 1,500,000 CITIGROUP INC COM NEW 172967424 47,358 1,800,000 CALL Shared-Defined 1/2/3 1,800,000 COBALT INTL ENERGY INC COM 19075F106 10,942 705,000 SHS Shared-Defined 1/2/3 705,000 COCA-COLA ENTERPRISES INC NE COM 19122T109 19,027 738,048 SHS Shared-Defined 1/2/3 738,048 COINSTAR INC COM 19259P300 24,803 543,559 SHS Shared-Defined 1/2/3 543,559 COMVERSE TECHNOLOGY INC COM PAR $0.10 205862402 26,181 3,816,400 SHS Shared-Defined 1/2/3 3,816,400 CONSOL ENERGY INC COM 20854P109 7,340 200,000 SHS Shared-Defined 1/2/3 200,000 CONSTELLATION BRANDS INC CL A 21036P108 7,235 350,000 SHS Shared-Defined 1/2/3 350,000 CORN PRODS INTL INC COM 219023108 6,260 119,038 SHS Shared-Defined 1/2/3 119,038 DSW INC CL A 23334L102 4,421 100,000 SHS Shared-Defined 1/2/3 100,000 DANA HLDG CORP COM 235825205 9,720 800,000 SHS Shared-Defined 1/2/3 800,000 DELPHI AUTOMOTIVE PLC SHS G27823106 29,079 1,350,000 SHS Shared-Defined 1/2/3 1,350,000 DELTA AIR LINES INC DEL COM NEW 247361702 8,495 1,050,000 SHS Shared-Defined 1/2/3 1,050,000 DEVRY INC DEL COM 251893103 2,692 70,000 SHS Shared-Defined 1/2/3 70,000 DIAMOND FOODS INC COM 252603105 726 22,500 SHS Shared-Defined 1/2/3 22,500 DOMTAR CORP COM NEW 257559203 5,997 75,000 SHS Shared-Defined 1/2/3 75,000 ELAN PLC ADR 284131208 6,389 465,000 SHS Shared-Defined 1/2/3 465,000 EMCORE CORP COM 290846104 258 300,000 SHS Shared-Defined 1/2/3 300,000 EMERGENT BIOSOLUTIONS INC COM 29089Q105 15,899 944,104 SHS Shared-Defined 1/2/3 944,104 FOCUS MEDIA HLDG LTD SPONSORED ADR 34415V109 5,847 300,000 SHS Shared-Defined 1/2/3 300,000 FREEPORT-MCMORAN COPPER & GO COM 35671D857 14,716 400,000 CALL Shared-Defined 1/2/3 400,000 GENERAL MLS INC COM 370334104 40,410 1,000,000 CALL Shared-Defined 1/2/3 1,000,000 GEVO INC COM 374396109 3,475 551,539 SHS Shared-Defined 1/2/3 551,539 GILEAD SCIENCES INC COM 375558103 17,424 425,700 SHS Shared-Defined 1/2/3 425,700 GLOBAL GEOPHYSICAL SVCS INC COM 37946S107 657 97,700 SHS Shared-Defined 1/2/3 97,700 GRIFOLS S A SPONSORED ADR 398438309 4,361 790,000 SHS Shared-Defined 1/2/3 790,000 HCA HOLDINGS INC COM 40412C101 26,786 1,215,906 SHS Shared-Defined 1/2/3 1,215,906 HCA HOLDINGS INC COM 40412C101 18,224 800,000 CALL Shared-Defined 1/2/3 800,000 HARRY WINSTON DIAMOND CORP COM 41587B100 6,458 606,845 SHS Shared-Defined 1/2/3 606,845 HEALTH MGMT ASSOC INC NEW CL A 421933102 7,554 1,025,000 SHS Shared-Defined 1/2/3 1,025,000 HEALTHSOUTH CORP COM NEW 421924309 7,068 400,000 SHS Shared-Defined 1/2/3 400,000 INHIBITEX INC COM 45719T103 2,785 255,000 SHS Shared-Defined 1/2/3 255,000 INHIBITEX INC COM 45719T103 2,188 200,000 CALL Shared-Defined 1/2/3 200,000 INGERSOLL-RAND PLC SHS G47791101 12,188 400,000 SHS Shared-Defined 1/2/3 400,000 INTERMUNE INC COM 45884X103 1,161 92,195 SHS Shared-Defined 1/2/3 92,195 INTERMUNE INC COM 45884X103 2,520 200,000 CALL Shared-Defined 1/2/3 200,000 INTL PAPER CO COM 460146103 8,880 300,000 SHS Shared-Defined 1/2/3 300,000 JPMORGAN CHASE & CO COM 46625H100 66,500 2,000,000 SHS Shared-Defined 1/2/3 2,000,000 JPMORGAN CHASE & CO COM 46625H100 33,250 1,000,000 PUT Shared-Defined 1/2/3 1,000,000 JOHNSON CTLS INC COM 478366107 7,815 250,000 SHS Shared-Defined 1/2/3 250,000 K V PHARMACEUTICAL CO CL A 482740206 3,220 2,300,000 SHS Shared-Defined 1/2/3 2,300,000 KOSMOS ENERGY LTD SHS G5315B107 12,260 1,000,000 SHS Shared-Defined 1/2/3 1,000,000 KRAFT FOODS INC CL A 50075N104 21,108 565,000 SHS Shared-Defined 1/2/3 565,000 KRATON PERFORMANCE POLYMERS COM 50077C106 4,554 224,328 SHS Shared-Defined 1/2/3 224,328 KULICKE & SOFFA INDS INC COM 501242101 16,309 1,763,100 SHS Shared-Defined 1/2/3 1,763,100 LAUDER ESTEE COS INC CL A 518439104 842 7,500 SHS Shared-Defined 1/2/3 7,500 LEAR CORP COM NEW 521865204 7,960 200,000 SHS Shared-Defined 1/2/3 200,000 LIFE TECHNOLOGIES CORP COM 53217V109 2,918 75,000 SHS Shared-Defined 1/2/3 75,000 LILLY ELI & CO COM 532457108 16,624 400,000 PUT Shared-Defined 1/2/3 400,000 LOWES COS INC COM 548661107 16,497 650,000 SHS Shared-Defined 1/2/3 650,000 LYONDELLBASELL INDUSTRIES N SHS - A - N53745100 25,992 800,000 SHS Shared-Defined 1/2/3 800,000 MARVELL TECHNOLOGY GROUP LTD ORD G5876H105 6,740 487,000 SHS Shared-Defined 1/2/3 487,000 MAXWELL TECHNOLOGIES INC COM 577767106 12,474 770,000 SHS Shared-Defined 1/2/3 770,000 MEDICIS PHARMACEUTICAL CORP CL A NEW 584690309 4,156 125,000 SHS Shared-Defined 1/2/3 125,000 MEDIVATION INC COM 58501N101 16,319 354,000 SHS Shared-Defined 1/2/3 354,000 MELCO CROWN ENTMT LTD ADR 585464100 4,805 500,000 SHS Shared-Defined 1/2/3 500,000 MOHAWK INDS INC COM 608190104 5,985 100,000 SHS Shared-Defined 1/2/3 100,000 MOMENTA PHARMACEUTICALS INC COM 60877T100 2,609 150,000 PUT Shared-Defined 1/2/3 150,000 MYLAN INC COM 628530107 3,219 150,000 CALL Shared-Defined 1/2/3 150,000 OPENWAVE SYS INC COM NEW 683718308 10,676 6,800,000 SHS Shared-Defined 1/2/3 6,800,000 OPNEXT INC COM 68375V105 39 47,933 SHS Shared-Defined 1/2/3 47,933 PNC FINL SVCS GROUP INC COM 693475105 28,835 500,000 SHS Shared-Defined 1/2/3 500,000 PNC FINL SVCS GROUP INC COM 693475105 17,301 300,000 PUT Shared-Defined 1/2/3 300,000 PPG INDS INC COM 693506107 6,262 75,000 SHS Shared-Defined 1/2/3 75,000 PVH CORP COM 693656100 8,811 125,000 SHS Shared-Defined 1/2/3 125,000 PERRIGO CO COM 714290103 19,450 199,900 SHS Shared-Defined 1/2/3 199,900 PERRIGO CO COM 714290103 9,730 100,000 CALL Shared-Defined 1/2/3 100,000 PFIZER INC COM 717081103 18,286 845,000 SHS Shared-Defined 1/2/3 845,000 PLAINS EXPL& PRODTN CO COM 726505100 19,278 525,000 SHS Shared-Defined 1/2/3 525,000 PRICELINE COM INC COM NEW 741503403 15,668 33,500 SHS Shared-Defined 1/2/3 33,500 PROCTER & GAMBLE CO COM 742718109 4,263 63,900 SHS Shared-Defined 1/2/3 63,900 QUALCOMM INC COM 747525103 27,335 500,000 SHS Shared-Defined 1/2/3 500,000 SALIX PHARMACEUTICALS INC COM 795435106 29,164 610,000 SHS Shared-Defined 1/2/3 610,000 SALIX PHARMACEUTICALS INC COM 795435106 19,140 400,000 CALL Shared-Defined 1/2/3 400,000 SANDISK CORP COM 80004C101 8,405 170,830 SHS Shared-Defined 1/2/3 170,830 SANDRIDGE ENERGY INC COM 80007P307 6,528 800,000 SHS Shared-Defined 1/2/3 800,000 SEAGATE TECHNOLOGY PLC SHS G7945M107 5,737 350,000 SHS Shared-Defined 1/2/3 350,000 SELECT SECTOR SPDR TR SBI INT-FINL 81369Y605 59,150 4,550,000 CALL Shared-Defined 1/2/3 4,550,000 SEMILEDS CORP COM 816645105 1,684 498,129 SHS Shared-Defined 1/2/3 498,129 SHIRE PLC SPONSORED ADR 82481R106 10,168 97,866 SHS Shared-Defined 1/2/3 97,866 SOLAZYME INC COM 83415T101 2,192 184,350 SHS Shared-Defined 1/2/3 184,350 SPECTRUM PHARMACEUTICALS INC COM 84763A108 2,557 175,000 SHS Shared-Defined 1/2/3 175,000 SPDR S&P 500 ETF TR TR UNIT 78462F103 22,590 180,000 SHS Shared-Defined 1/2/3 180,000 SPDR S&P 500 ETF TR TR UNIT 78462F103 94,125 750,000 PUT Shared-Defined 1/2/3 750,000 SPREADTRUM COMMUNICATIONS INC ADR 849415203 8,412 403,638 SHS Shared-Defined 1/2/3 403,638 STARBUCKS CORP COM 855244109 1,151 25,000 SHS Shared-Defined 1/2/3 25,000 SUPERIOR ENERGY SVCS INC COM 868157108 11,376 400,000 SHS Shared-Defined 1/2/3 400,000 TJX COS INC NEW COM 872540109 9,689 150,100 SHS Shared-Defined 1/2/3 150,100 TRW AUTOMOTIVE HLDGS CORP COM 87264S106 8,150 250,000 SHS Shared-Defined 1/2/3 250,000 TARGET CORP COM 87612E106 9,476 185,000 SHS Shared-Defined 1/2/3 185,000 TENNECO INC COM 880349105 5,956 200,000 SHS Shared-Defined 1/2/3 200,000 TERADYNE INC COM 880770102 6,638 487,000 SHS Shared-Defined 1/2/3 487,000 TEVA PHARMACEUTICAL INDS LTD ADR 881624209 18,963 469,857 SHS Shared-Defined 1/2/3 469,857 TEVA PHARMACEUTICAL INDS LTD ADR 881624209 20,180 500,000 CALL Shared-Defined 1/2/3 500,000 TUPPERWARE BRANDS CORP COM 899896104 1,063 19,000 SHS Shared-Defined 1/2/3 19,000 UNITED CONTL HLDGS INC COM 910047109 9,718 515,000 SHS Shared-Defined 1/2/3 515,000 UNITEDHEALTH GROUP INC COM 91324P102 10,136 200,000 SHS Shared-Defined 1/2/3 200,000 UNIVERSAL HLTH SVCS INC CL B 913903100 12,435 320,000 SHS Shared-Defined 1/2/3 320,000 URBAN OUTFITTERS INC COM 917047102 6,890 250,000 SHS Shared-Defined 1/2/3 250,000 URBAN OUTFITTERS INC COM 917047102 5,512 200,000 CALL Shared-Defined 1/2/3 200,000 VIROPHARMA INC COM 928241108 19,173 700,000 PUT Shared-Defined 1/2/3 700,000 VISION-SCIENCES INC DEL COM 927912105 2,694 1,432,834 SHS Shared-Defined 1/2/3 1,432,834 WALTER ENERGY INC COM 93317Q105 9,084 150,000 SHS Shared-Defined 1/2/3 150,000 WATSON PHARMACEUTICALS INC COM 942683103 20,214 335,000 SHS Shared-Defined 1/2/3 335,000 WATSON PHARMACEUTICALS INC COM 942683103 19,611 325,000 CALL Shared-Defined 1/2/3 325,000 WELLPOINT INC COM 94973V107 9,076 137,000 SHS Shared-Defined 1/2/3 137,000 WELLS FARGO & CO NEW COM 949746101 27,560 1,000,000 SHS Shared-Defined 1/2/3 1,000,000 WELLS FARGO & CO NEW COM 949746101 13,780 500,000 PUT Shared-Defined 1/2/3 500,000 WI-LAN INC COM 928972108 6,814 1,185,500 SHS Shared-Defined 1/2/3 1,185,500 WRIGHT EXPRESS CORP COM 98233Q105 8,142 150,000 SHS Shared-Defined 1/2/3 150,000 ZELTIQ AESTHETICS INC COM 98933Q108 5,041 444,900 SHS Shared-Defined 1/2/3 444,900
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