13F-HR 1 d882597_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 March 31, 2008 Check here if Amendment: |_|; Amendment Number: ____ This Amendment (Check only one): |_| is a restatement |_| adds new holding entries. Institutional Manager Filing this Report: Name: Harbinger Capital Partners Master Fund I, Ltd. (1) Address: c/o International Fund Services (Ireland) Limited Third Floor, Bishop's Square Redmond's Hill, Dublin 2, Ireland 13F File Number: 028-11249 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: By: Harbinger Capital Partners Offshore Manager, L.L.C. By: HMC Investors, L.L.C., Managing Member William R. Lucas, Jr. Title: Executive Vice-President Phone: (205) 987-5574 Signature, Place and Date of Signing: /s/ William R. Lucas, Jr. Birmingham, AL May 15, 2008 ----------------------- -------------------------- ---------------------- [Signature] [City, State] [Date] ---------- (1) IMPORTANT NOTE: THE POSITIONS LISTED IN THE TABLE BELOW ARE OWNED BY HARBINGER CAPITAL PARTNERS MASTER FUND I, LTD. (THE "MASTER FUND"). HARBINGER CAPITAL PARTNERS SPECIAL SITUATIONS FUND, L.P. (THE "SPECIAL SITUATIONS FUND") HAS THE SAME PORTFOLIO MANAGER AS THE MASTER FUND WHO LEADS THE SAME HARBINGER CAPITAL PARTNERS INVESTMENT TEAM FOR BOTH FUNDS. THE SPECIAL SITUATIONS FUND HAS FILED A SEPARATE FORM 13F THAT INCLUDES A TABLE LISTING POSITIONS OWNED BY THE SPECIAL SITUATIONS FUND. 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 managers(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).) List of Other Managers Reporting for this Manager: Form 13F File Number Name ----------------------- -------------------------- Form 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 2 Form 13F Information Table Entry Total: 34 Form 13F Information Table Value Total: $6,177,014 (thousands) 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. 028-10751 HMC Investors, L.L.C. 2. 028-11250 Harbinger Capital Partners Offshore Manager, L.L.C. ---- ------------------- ------------------------------ FORM 13F INFORMATION TABLE
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (X$1000) PRN AMT PRN CALL DISCRETION MNGRS SOLE SHARED NONE -------------- -------------- ----- -------- ------- -------- ---------- ----- ---- ------ ---- AK STL HLDG CORP COM 001547108 534,624 9,824,030 SH SHARED-DEFINED 1,2 9,824,030 0 0 AMBAC FINL GROUP INC COM 023139108 7,876 1,369,700 SH CALL SHARED-DEFINED 1,2 1,369,700 0 0 ASHLAND INC NEW COM 044209104 236,500 5,000,000 SH SHARED-DEFINED 1,2 5,000,000 0 0 AUGUSTA RES CORP COM NEW 050912203 44,864 11,775,381 SH SHARED-DEFINED 1,2 11,775,381 0 0 CALPINE CORP COM NEW 131347304 1,139,476 61,860,810 SH SHARED-DEFINED 1,2 61,860,810 0 0 CLEVELAND CLIFFS INC COM 185896107 473,561 3,952,269 SH SHARED-DEFINED 1,2 3,952,269 0 0 CORN PRODUCTS INTL INC COM 219023108 44,308 1,193,000 SH SHARED-DEFINED 1,2 1,193,000 0 0 FREEPORT-MCMORAN COPPER & GO COM 35671D857 861,015 8,948,404 SH SHARED-DEFINED 1,2 8,948,404 0 0 FREMONT GEN CORP COM 357288109 2,464 5,133,334 SH SHARED-DEFINED 1,2 5,133,334 0 0 GENERAL MOLY INC COM 370373102 44,220 5,534,434 SH SHARED-DEFINED 1,2 5,534,434 0 0 GEORGIA GULF CORP COM PAR $0.01 373200203 12,945 1,868,000 SH SHARED-DEFINED 1,2 1,868,000 0 0 HORSEHEAD HLDG CORP COM 440694305 26,962 2,328,333 SH SHARED-DEFINED 1,2 2,328,333 0 0 HUGHES COMMUNICATIONS INC COM 444398101 75,914 1,497,900 SH SHARED-DEFINED 1,2 1,497,900 0 0 LEAP WIRELESS INTL INC COM NEW 521863308 316,880 6,800,000 SH SHARED-DEFINED 1,2 6,800,000 0 0 LEHMAN BROS HLDGS INC COM 524908100 50,193 1,333,500 SH PUT SHARED-DEFINED 1,2 1,333,500 0 0 MBIA INC COM 55262C100 10,220 836,300 SH CALL SHARED-DEFINED 1,2 836,300 0 0 MEDIA GEN INC CL A 584404107 37,933 2,705,647 SH SHARED-DEFINED 1,2 2,705,647 0 0 MEDIVATION INC COM 58501N101 28,413 1,996,667 SH SHARED-DEFINED 1,2 1,996,667 0 0 MGIC INVT CORP WIS COM 552848103 1,000 95,000 SH CALL SHARED-DEFINED 1,2 95,000 0 0 MIRANT CORP NEW COM 60467R100 561,862 15,440,000 SH SHARED-DEFINED 1,2 15,440,000 0 0 NEW YORK TIMES CO CL A 650111107 316,697 16,774,188 SH SHARED-DEFINED 1,2 16,774,188 0 0 NORTHWEST AIRLS CORP COM 667280408 104,163 11,586,546 SH SHARED-DEFINED 1,2 11,586,546 0 0 OWENS CORNING NEW COM 690742101 157,389 8,681,152 SH SHARED-DEFINED 1,2 8,681,152 0 0 PMI GROUP INC COM 69344M101 2,628 451,500 SH CALL SHARED-DEFINED 1,2 451,500 0 0 PROSHARES TR ULTRASHT DOW30 74347R867 28,499 500,332 SH SHARED-DEFINED 1,2 500,332 0 0 PROSHARES TR ULTRASHRT FINL 74347R628 421,579 3,583,332 SH SHARED-DEFINED 1,2 3,583,332 0 0 PROSHARES TR ULTRASHT SP500 74347R883 32,256 500,332 SH SHARED-DEFINED 1,2 500,332 0 0 RIVIERA HLDGS CORP COM 769627100 14,618 709,246 SH SHARED-DEFINED 1,2 709,246 0 0 RTI INTL METALS INC COM 74973W107 101,723 2,250,000 SH SHARED-DEFINED 1,2 709,246 0 0 SOLUTIA INC COM NEW 834376501 177,034 12,645,308 SH SHARED-DEFINED 1,2 12,645,308 0 0 SPECTRUM BRANDS INC COM 84762L105 15,995 3,500,000 SH SHARED-DEFINED 1,2 3,500,000 0 0 TERRESTAR CORP COM 881451108 127,966 26,222,452 SH SHARED-DEFINED 1,2 26,222,452 0 0 WILLIAMS- SONOMA INC COM 969904101 164,202 6,774,017 SH SHARED-DEFINED 1,2 6,774,017 0 0 WILSON HOLDINGS INC COM 972234108 1,035 1,150,000 SH SHARED-DEFINED 1,2 1,150,000 0 0
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