-----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, IF2uTlZm8yTLoCjq/QcmTOGEq0sNg0fjOveUivXQZTKEmv8E1hnsiokybrMPnSCX pC1LozQeM4SYbfRB9syJmw== 0001144204-10-007863.txt : 20100216 0001144204-10-007863.hdr.sgml : 20100215 20100216112330 ACCESSION NUMBER: 0001144204-10-007863 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20091231 FILED AS OF DATE: 20100216 DATE AS OF CHANGE: 20100216 EFFECTIVENESS DATE: 20100216 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: 10603550 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 v173715_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, 2009 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 2/16/10 - ---------------------------------- --------------------------- ------- [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: 102 Form 13F Information Table Value Total: $1,779,337,204 (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. -2- FORM 13F Westchester Capital Management, Inc. December 31, 2009
FAIR TITLE OF MARKET SHRS OR SH/ PUT/ INVESTMENT VOTING AUTHORITY NAME OF ISSUER CLASS CUSIP VALUE PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE - ---------------------------- ----- -------- -------- ------- --- ----- ------- -------- ---- ------------ Equities COMMON STOCK Affiliated Computer Services, Inc. COMMON STOCK 008190100 52,712,239 883,100 SH (a) Sole Sole Affiliated Computer Services, Inc. COMMON STOCK 008190100 2,357,755 39,500 SH (b) Shared 1 Sole Alcon Inc. ADR COMMON STOCK H01301102 55,632,475 338,500 SH (a) Sole Sole Alcon Inc. ADR COMMON STOCK H01301102 1,890,025 11,500 SH (b) Shared 1 Sole BHP Billiton plc ADR COMMON STOCK 05545E209 31,042,338 486,176 SH (a) Sole Sole BHP Billiton plc ADR COMMON STOCK 05545E209 1,366,390 21,400 SH (b) Shared 1 Sole BJ Services Company COMMON STOCK 055482103 86,848,422 4,669,270 SH (a) Sole Sole BJ Services Company COMMON STOCK 055482103 4,403,178 236,730 SH (b) Shared 1 Sole Black & Decker Corp. COMMON STOCK 091797100 119,831,772 1,848,400 SH (a) Sole Sole Black & Decker Corp. COMMON STOCK 091797100 4,136,154 63,800 SH (b) Shared 1 Sole The Blackstone Group, LP COMMON STOCK 09253U108 2,624 200 SH (a) Sole Sole The Blackstone Group, LP COMMON STOCK 09253U108 34,112 2,600 SH (b) Shared 1 Sole Brocade Communications Systems, Inc. COMMON STOCK 111621306 8,991,421 1,178,430 SH (a) Sole Sole Brocade Communications Systems, Inc. COMMON STOCK 111621306 280,784 36,800 SH (b) Shared 1 Sole Burlington Northern Santa Fe Corp. COMMON STOCK 12189T104 195,849,754 1,985,903 SH (a) Sole Sole Burlington Northern Santa Fe Corp. COMMON STOCK 12189T104 8,698,284 88,200 SH (b) Shared 1 Sole CC Media Holdings, Inc. COMMON STOCK 12502P102 3,410 1,100 SH (a) Sole Sole CC Media Holdings, Inc. COMMON STOCK 12502P102 79,050 25,500 SH (b) Shared 1 Sole CF Industries Holdings Inc. COMMON STOCK 125269100 54,068,568 595,600 SH (a) Sole Sole CF Industries Holdings Inc. COMMON STOCK 125269100 2,205,954 24,300 SH (b) Shared 1 Sole Cadbury plc ADR COMMON STOCK 12721E102 47,632,877 926,890 SH (a) Sole Sole Cadbury plc ADR COMMON STOCK 12721E102 1,915,459 37,273 SH (b) Shared 1 Sole Canplats Resources Corp. COMMON STOCK 138054101 114,289 23,300 SH (a) Sole Sole Canplats Resources Corp. COMMON STOCK 138054101 866,731 176,700 SH (b) Shared 1 Sole Cenovus Energy Inc. COMMON STOCK 15135U109 4,354,283 172,789 SH (a) Sole Sole Cenovus Energy Inc. COMMON STOCK 15135U109 322,560 12,800 SH (b) Shared 1 Sole Comcast Corporation Special Class A COMMON STOCK 20030N200 15,529,700 970,000 SH (a) Sole Sole Comcast Corporation Special Class A COMMON STOCK 20030N200 986,216 61,600 SH (b) Shared 1 Sole DirecTV Group Inc. Class A COMMON STOCK 25490A101 28,948 868 SH (a) Sole Sole DirecTV Group Inc. Class A COMMON STOCK 25490A101 5,636 169 SH (b) Shared 1 Sole EnCana Corporation COMMON STOCK 292505104 5,596,636 172,789 SH (a) Sole Sole EnCana Corporation COMMON STOCK 292505104 414,592 12,800 SH (b) Shared 1 Sole Encore Acquisition Company COMMON STOCK 29255W100 55,102,950 1,147,500 SH (a) Sole Sole Encore Acquisition Company COMMON STOCK 29255W100 2,194,514 45,700 SH (b) Shared 1 Sole Fomento Economico Mexicano SAB de CV ADR COMMON STOCK 344419106 75,521,363 1,577,305 SH (a) Sole Sole Fomento Economico Mexicano SAB de CV ADR COMMON STOCK 344419106 3,567,060 74,500 SH (b) Shared 1 Sole Huntsman Corporation COMMON STOCK 447011107 9,120,717 807,858 SH (a) Sole Sole Huntsman Corporation COMMON STOCK 447011107 522,727 46,300 SH (b) Shared 1 Sole IMS Health Inc. COMMON STOCK 449934108 23,134,410 1,098,500 SH (a) Sole Sole IMS Health Inc. COMMON STOCK 449934108 1,309,932 62,200 SH (b) Shared 1 Sole Liberty Acquisition Holdings Corp. COMMON STOCK 53015Y107 12,285,735 1,270,500 SH (a) Sole Sole Liberty Acquisition Holdings Corp. COMMON STOCK 53015Y107 1,576,210 163,000 SH (b) Shared 1 Sole MPS Group Inc. COMMON STOCK 553409103 51,516,756 3,749,400 SH (a) Sole Sole MPS Group Inc. COMMON STOCK 553409103 2,352,288 171,200 SH (b) Shared 1 Sole Marvel Entertainment, Inc. COMMON STOCK 57383T103 103,303,183 1,910,192 SH (a) Sole Sole Marvel Entertainment, Inc. COMMON STOCK 57383T103 4,153,777 76,808 SH (b) Shared 1 Sole McDonald's Corporation COMMON STOCK 580135101 1,873,200 30,000 SH (a) Sole Sole Pepsi Bottling Group Inc. COMMON STOCK 713409100 121,676,250 3,244,700 SH (a) Sole Sole Pepsi Bottling Group Inc. COMMON STOCK 713409100 5,700,000 152,000 SH (b) Shared 1 Sole PepsiAmericas Inc. COMMON STOCK 71343P200 5,603,290 191,500 SH (a) Sole Sole PepsiAmericas Inc. COMMON STOCK 71343P200 248,710 8,500 SH (b) Shared 1 Sole Pfizer Inc. COMMON STOCK 717081103 1,819,000 100,000 SH (a) Sole Sole Rio Tinto plc ADR COMMON STOCK 767204100 15,023,452 69,750 SH (a) Sole Sole Rio Tinto plc ADR COMMON STOCK 767204100 1,023,102 4,750 SH (b) Shared 1 Sole Sapphire Industrials Corp. COMMON STOCK 80306T109 25,693,364 2,559,100 SH (a) Sole Sole Sapphire Industrials Corp. COMMON STOCK 80306T109 1,786,116 177,900 SH (b) Shared 1 Sole Sun Microsystems, Inc. COMMON STOCK 866810203 55,114,340 5,882,000 SH (a) Sole Sole Sun Microsystems, Inc. COMMON STOCK 866810203 2,670,216 284,975 SH (b) Shared 1 Sole SunPower Corp. Class B COMMON STOCK 867652307 23,662,522 1,129,476 SH (a) Sole Sole SunPower Corp. Class B COMMON STOCK 867652307 1,613,758 77,029 SH (b) Shared 1 Sole Switch & Data Facilities Co., Inc. COMMON STOCK 871043105 46,305,152 2,291,200 SH (a) Sole Sole Switch & Data Facilities Co., Inc. COMMON STOCK 871043105 2,172,575 107,500 SH (b) Shared 1 Sole Terra Industries Inc. COMMON STOCK 880915103 55,283,106 1,717,400 SH (a) Sole Sole Terra Industries Inc. COMMON STOCK 880915103 2,578,419 80,100 SH (b) Shared 1 Sole 3Com Corporation COMMON STOCK 885535104 21,232,815 2,831,042 SH (a) Sole Sole 3Com Corporation COMMON STOCK 885535104 801,000 106,800 SH (b) Shared 1 Sole Varian, Inc. COMMON STOCK 922206107 48,067,905 932,633 SH (a) Sole Sole Varian, Inc. COMMON STOCK 922206107 2,323,217 45,076 SH (b) Shared 1 Sole Verizon Communications Inc. COMMON STOCK 92343V104 1,987,800 60,000 SH (a) Sole Sole XTO Energy Inc. COMMON STOCK 98385X106 132,289,443 2,843,100 SH (a) Sole 1 Sole XTO Energy Inc. COMMON STOCK 98385X106 5,402,133 116,100 SH (b) Shared Sole Xerox Corporation COMMON STOCK 984121103 1,226,700 145,000 SH (a) Sole 1 Sole PREFERRED STOCK Bank of America preferred 10% PREFERRED STOCK 060505419 127,810,688 8,566,400 SH (a) Sole Sole Bank of America preferred 10% PREFERRED STOCK 060505419 4,496,888 301,400 SH (b) Shared Sole Citigroup Inc. Trust Pfd. 7.25% PREFERRED STOCK 17311U200 124,338 6,095 SH (a) Sole Sole Bank of America (CFC) V 7% Series B Pfd. PREFERRED STOCK 222388209 655,995 30,300 SH (a) Sole Sole Fifth Third Capital Trust VII 8.875% Pfd. PREFERRED STOCK 316780204 9,808 400 SH (a) Sole Sole JPM Chase Capital XXVI 8.0% preferred PREFERRED STOCK 48124G104 389,470 14,500 SH (a) Sole Sole KeyCorp Capital Pfd. Series F PREFERRED STOCK 49327R103 1,946,008 87,658 SH (a) Sole Sole Fixed Income CORPORATE BONDS Adanced Micro Devices convertible note CORPORATE BONDS 007903AN7 515,450 520,000 PRN (a) Sole Sole 5.750% Due 08-15-12 Other PUTS The Blackstone Group PUTS 09253U108 1,355,680 6,352 PUT (a) Sole Sole The Blackstone Group PUTS 02953U108 151,620 798 PUT (b) Shared Sole The Walt Disney Company PUTS 254687106 17,016 6,807 PUT (a) Sole Sole The Walt Disney Company PUTS 254687108 639 256 PUT (b) Shared Sole iShares MSCI Mexico Investable Market Index PUTS 464286822 426,720 1,778 PUT (a) Sole Sole iShares MSCI Mexico Investable Market Index PUTS 464286822 19,200 80 PUT (b) Shared Sole Global Alternative Energy ETF PUTS 57060U407 1,690,487 6,565 PUT (a) Sole Sole Global Alternative Energy ETF PUTS 57060U407 157,075 610 PUT (b) Shared Sole McDonald's Corp. PUTS 580135101 25,500 300 PUT (a) Sole Sole Pfizer Inc. PUTS 717081103 16,500 1,000 PUT (a) Sole Sole SPDR Trust Series 1 PUTS 78462F103 793,250 4,750 PUT (a) Sole Sole SPDR Trust Series 1 PUTS 78462F103 41,750 250 PUT (b) Shared Sole Sun Microsystems PUTS 866810203 110 55 PUT (a) Sole Sole Sun Microsystems PUTS 866810203 332 166 PUT (b) Shared Sole Verizon Communications PUTS 92343V104 11,400 600 PUT (a) Sole Sole Materials Select Sector SPDR PUTS 81369Y803 88,680 1,478 PUT (a) Sole Sole Materials Select Sector SPDR PUTS 81369Y803 18,540 309 PUT (a) Sole Sole Technology Select Sector SPDR PUTS 81369Y803 9,610 1,922 PUT (a) Sole Sole Technology Select Sector SPDR PUTS 81369Y103 390 78 PUT (a) Sole Sole CALLS Sun Microsystems CALLS 866810203 61,500 1,500 CALL (a) Sole Sole Sun Microsystems CALLS 866810203 20,500 500 CALL (b) Shared Sole OTHER ASSETS Powershares S&P 500 BuyWrite Portfolio OTHER ASSETS 73936G308 1,440,217 66,956 (a) Sole Sole TOTAL 1,779,337,204
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