13F-HR 1 form_13f-soros.txt ----------------------------------- OMB APPROVAL ----------------------------------- OMB Number: 3235-0006 Expires: December 31, 2009 Estimated average burden hours per response..........22.6 ----------------------------------- 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 holdings entries. Institutional Investment Manager Filing this Report: Name: Soros Fund Management LLC Address: 888 Seventh Avenue New York, New York 10106 Form 13F File Number: 028-06420 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: Jodye M. Anzalotta Title: Assistant General Counsel Phone: 212-320-5531 Signature, Place, and Date of Signing: /s/ Jodye M. Anzalotta New York, New York February 17, 2009 -------------------------- ------------------------ ------------------- [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: 104 ------------------ Form 13F Information Table Value Total: $4,615,526 ------------------ (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. 028-10418 George Soros Soros Fund Management LLC Form 13F Information Table Quarter ended December 31, 2008
INVESTMENT DISCRETION VOTING AUTHORITY FAIR MARKET SHARES OR TITLE OF CUSIP VALUE PRINCIPAL SH/ PUT/ SHARED- SHARED- OTHER ISSUER CLASS NUMBER (IN THOUSANDS) AMOUNT PRN CALL SOLE DEFINED OTHER MNGRS** SOLE SHARED NONE ------------------------------------------------------------------------------------------------------------------------------------ AT&T INC COM 00206R102 $570 20,000 SH X 1 X ---------------------------------------------------------------------------------------------------------------------------------- SB NT AGERE SYS INC CV 6.5%09 00845VAA8 $80,195 80,801,000 PRN X 1 X ---------------------------------------------------------------------------------------------------------------------------------- ALLOS THERAPEUTICS INC COM 019777101 $3,741 611,353 SH X 1 X ---------------------------------------------------------------------------------------------------------------------------------- SR NT AMDOCS LTD CV 0.5% 24 02342TAD1 $16,309 16,391,000 PRN X 1 X ---------------------------------------------------------------------------------------------------------------------------------- SPON ADR ARACRUZ CELULOSE S A PFD B 038496204 $12,394 1,098,731 SH X 1 X ---------------------------------------------------------------------------------------------------------------------------------- ARCH COAL INC COM 039380100 $78,672 4,829,486 SH X 1 X ---------------------------------------------------------------------------------------------------------------------------------- SR NT AUDIOCODES LTD CV 2%24 050732AB2 $67,074 70,051,000 PRN X 1 X ---------------------------------------------------------------------------------------------------------------------------------- SR DEB AVNET INC CV 34 053807AL7 $15,910 16,000,000 PRN X 1 X ---------------------------------------------------------------------------------------------------------------------------------- BEST BUY INC COM 086516101 $267,209 9,505,828 SH X 1 X ---------------------------------------------------------------------------------------------------------------------------------- BIGBAND NETWORKS INC COM 089750509 $147 26,650 SH X 1 X ---------------------------------------------------------------------------------------------------------------------------------- BLUEFLY INC COM 096227301 $3,509 4,860,115 SH X 1 X ---------------------------------------------------------------------------------------------------------------------------------- BRINKS HOME SEC HLDGS INC COM 109699108 $25,132 1,146,542 SH X 1 X ---------------------------------------------------------------------------------------------------------------------------------- CBL & ASSOC PPTYS INC COM 124830100 $831 127,837 SH X 1 X ---------------------------------------------------------------------------------------------------------------------------------- CME GROUP INC COM 12572Q105 $1,665 8,000 SH X 1 X ---------------------------------------------------------------------------------------------------------------------------------- CA INC COM 12673P105 $2,535 136,804 SH X 1 X ---------------------------------------------------------------------------------------------------------------------------------- CADENCE DESIGN SYSTEM INC COM 127387108 $1,464 400,000 SH X 1 X ---------------------------------------------------------------------------------------------------------------------------------- CIENA CORP COM NEW 171779309 $134 20,000 SH X 1 X ---------------------------------------------------------------------------------------------------------------------------------- CIRRUS LOGIC INC COM 172755100 $2,966 1,106,666 SH X 1 X ----------------------------------------------------------------------------------------------------------------------------------
INVESTMENT DISCRETION VOTING AUTHORITY FAIR MARKET SHARES OR TITLE OF CUSIP VALUE PRINCIPAL SH/ PUT/ SHARED- SHARED- OTHER ISSUER CLASS NUMBER (IN THOUSANDS) AMOUNT PRN CALL SOLE DEFINED OTHER MNGRS** SOLE SHARED NONE ------------------------------------------------------------------------------------------------------------------------------------ CITI TRENDS INC COM 17306X102 $13,523 918,671 SH X 1 X ---------------------------------------------------------------------------------------------------------------------------------- CLEAN ENERGY FUELS CORP COM 184499101 $340 56,306 SH X 1 X ---------------------------------------------------------------------------------------------------------------------------------- CONOCOPHILLIPS COM 20825C104 $177,330 3,423,350 SH X 1 X ---------------------------------------------------------------------------------------------------------------------------------- CONSOL ENERGY INC COM 20854P109 $34,502 1,207,193 SH X 1 X ---------------------------------------------------------------------------------------------------------------------------------- SUB NT CYMER INC CV 3.5%09 232572AE7 $30,455 30,498,000 PRN X 1 X ---------------------------------------------------------------------------------------------------------------------------------- DELTA AIR LINES INC DEL COM NEW 247361702 $5,713 498,500 SH X 1 X ---------------------------------------------------------------------------------------------------------------------------------- DESARROLLADORA HOMEX SPONSORED S A DE CV ADR 25030W100 $63,072 2,762,680 SH X 1 X ---------------------------------------------------------------------------------------------------------------------------------- DIGIRAD CORP COM 253827109 $275 473,652 SH X 1 X ---------------------------------------------------------------------------------------------------------------------------------- SR NT DIGITAL RIV INC CV 1.25%24 25388BAB0 $109,985 109,985,000 PRN X 1 X ---------------------------------------------------------------------------------------------------------------------------------- DISCOVERY COMMUNICATNS NEW COM SER A 25470F104 $927 65,500 SH X 1 X ---------------------------------------------------------------------------------------------------------------------------------- DISCOVERY COMMUNICATNS NEW COM SER C 25470F302 $877 65,500 SH X 1 X ---------------------------------------------------------------------------------------------------------------------------------- DONNELLEY R R & SONS CO COM 257867101 $68,084 5,013,525 SH X 1 X ---------------------------------------------------------------------------------------------------------------------------------- DR PEPPER SNAPPLE GROUP INC COM 26138E109 $3,761 231,475 SH X 1 X ---------------------------------------------------------------------------------------------------------------------------------- E M C CORP MASS COM 268648102 $513 49,000 SH X 1 X ---------------------------------------------------------------------------------------------------------------------------------- EMULEX CORP COM NEW 292475209 $2,601 372,666 SH X 1 X ---------------------------------------------------------------------------------------------------------------------------------- FIDELITY NATL INFORMATION SVCS COM 31620M106 $2,447 150,391 SH X 1 X ---------------------------------------------------------------------------------------------------------------------------------- SUB NT FLEXTRONICS INTL LTD CV 1%10 33938EAL1 $34,952 40,407,000 PRN X 1 X ----------------------------------------------------------------------------------------------------------------------------------
INVESTMENT DISCRETION VOTING AUTHORITY FAIR MARKET SHARES OR TITLE OF CUSIP VALUE PRINCIPAL SH/ PUT/ SHARED- SHARED- OTHER ISSUER CLASS NUMBER (IN THOUSANDS) AMOUNT PRN CALL SOLE DEFINED OTHER MNGRS** SOLE SHARED NONE ------------------------------------------------------------------------------------------------------------------------------------ GENWORTH FINL INC COM CL A 37247D106 $359 127,000 SH X 1 X ---------------------------------------------------------------------------------------------------------------------------------- GOLDMAN SACHS GROUP INC COM 38141G104 $1,519 18,000 SH X 1 X ---------------------------------------------------------------------------------------------------------------------------------- GOOGLE INC CL A 38259P508 $13,506 43,900 SH X 1 X ---------------------------------------------------------------------------------------------------------------------------------- HARMONIC INC COM 413160102 $112 20,000 SH X 1 X ---------------------------------------------------------------------------------------------------------------------------------- HEINZ H J CO COM 423074103 $24,440 650,000 SH X 1 X ---------------------------------------------------------------------------------------------------------------------------------- HESS CORP COM 42809H107 $218,733 4,077,802 SH X 1 X ---------------------------------------------------------------------------------------------------------------------------------- HEWLETT PACKARD CO COM 428236103 $3,629 100,000 SH PUT X 1 X ---------------------------------------------------------------------------------------------------------------------------------- HOLOGIC INC COM 436440101 $26,316 2,013,500 SH X 1 X ---------------------------------------------------------------------------------------------------------------------------------- HOME DEPOT INC COM 437076102 $23,849 1,036,000 SH X 1 X ---------------------------------------------------------------------------------------------------------------------------------- HUNT J B TRANS SVCS INC COM 445658107 $2,010 76,500 SH X 1 X ---------------------------------------------------------------------------------------------------------------------------------- SR NT INFORMATICA CORP CV 3%26 45666QAB8 $14,805 15,765,000 PRN X 1 X ---------------------------------------------------------------------------------------------------------------------------------- INTERNET BRANDS INC COM CLASS A 460608102 $1,846 317,258 SH X 1 X ---------------------------------------------------------------------------------------------------------------------------------- JETBLUE AWYS CORP COM 477143101 $23,992 3,379,177 SH X 1 X ---------------------------------------------------------------------------------------------------------------------------------- KINROSS GOLD CORP COM NO PAR 496902404 $184 10,000 SH X 1 X ---------------------------------------------------------------------------------------------------------------------------------- SUB CV LSI CORPORATION NT 4%10 502161AJ1 $181,316 192,250,000 PRN X 1 X ---------------------------------------------------------------------------------------------------------------------------------- LATTICE SEMICONDUCTOR CORP COM 518415104 $13,087 8,666,666 SH X 1 X ---------------------------------------------------------------------------------------------------------------------------------- LENDER PROCESSING SVCS INC COM 52602E102 $2,640 89,630 SH X 1 X ----------------------------------------------------------------------------------------------------------------------------------
INVESTMENT DISCRETION VOTING AUTHORITY FAIR MARKET SHARES OR TITLE OF CUSIP VALUE PRINCIPAL SH/ PUT/ SHARED- SHARED- OTHER ISSUER CLASS NUMBER (IN THOUSANDS) AMOUNT PRN CALL SOLE DEFINED OTHER MNGRS** SOLE SHARED NONE ------------------------------------------------------------------------------------------------------------------------------------ SR CV LINEAR TECHNOLOGY CORP 3.125%27 535678AD8 $171,942 186,893,000 PRN X 1 X ---------------------------------------------------------------------------------------------------------------------------------- LORILLARD INC COM 544147101 $2,426 43,055 SH X 1 X ---------------------------------------------------------------------------------------------------------------------------------- LOWES COS INC COM 548661107 $23,650 1,099,000 SH X 1 X ---------------------------------------------------------------------------------------------------------------------------------- SR NT MACROVISION CORP CV2.625%11 555904AB7 $84,958 110,249,000 PRN X 1 X ---------------------------------------------------------------------------------------------------------------------------------- MACROVISION SOLUTIONS CORP COM 55611C108 $2 171 SH X 1 X ---------------------------------------------------------------------------------------------------------------------------------- MACYS INC COM 55616P104 $5,910 571,000 SH X 1 X ---------------------------------------------------------------------------------------------------------------------------------- MAP PHARMACEUTICALS INC COM 56509R108 $28,452 4,076,169 SH X 1 X ---------------------------------------------------------------------------------------------------------------------------------- MASTERCARD INC CL A 57636Q104 $1,001 7,000 SH X 1 X ---------------------------------------------------------------------------------------------------------------------------------- SB NT MCDATA CORP CV 2.25%10 580031AD4 $84,897 92,911,000 PRN X 1 X ---------------------------------------------------------------------------------------------------------------------------------- SPONSORED MECHEL OAO ADR 583840103 $11,182 2,795,500 SH X 1 X ---------------------------------------------------------------------------------------------------------------------------------- MERCURY COMPUTER SYS COM 589378108 $6,027 955,172 SH X 1 X ---------------------------------------------------------------------------------------------------------------------------------- SR NT MERCURY COMPUTER SYS CV 2%24 589378AB4 $118,342 119,688,000 PRN X 1 X ---------------------------------------------------------------------------------------------------------------------------------- MERRILL LYNCH & CO INC COM 590188108 $269,759 23,175,146 SH X 1 X ---------------------------------------------------------------------------------------------------------------------------------- MICROSOFT CORP COM 594918104 $3,520 181,050 SH X 1 X ---------------------------------------------------------------------------------------------------------------------------------- MYLAN INC COM 628530107 $99 10,000 SH X 1 X ---------------------------------------------------------------------------------------------------------------------------------- NII HLDGS INC CL B NEW 62913F201 $2,182 120,000 SH X 1 X ---------------------------------------------------------------------------------------------------------------------------------- OMNICOM GROUP INC LYON ZERO 31 681919AK2 $95,645 96,000,000 SH X 1 X ----------------------------------------------------------------------------------------------------------------------------------
INVESTMENT DISCRETION VOTING AUTHORITY FAIR MARKET SHARES OR TITLE OF CUSIP VALUE PRINCIPAL SH/ PUT/ SHARED- SHARED- OTHER ISSUER CLASS NUMBER (IN THOUSANDS) AMOUNT PRN CALL SOLE DEFINED OTHER MNGRS** SOLE SHARED NONE ------------------------------------------------------------------------------------------------------------------------------------ PAETEC HOLDING CORP COM 695459107 $72 50,000 SH X 1 X ---------------------------------------------------------------------------------------------------------------------------------- PETROLEO BRASILEIRO SA SPONSORED PETROBR ADR 71654V408 $901,206 36,798,937 SH X 1 X ---------------------------------------------------------------------------------------------------------------------------------- PETROLEO BRASILEIRO SA SPONSORED PETRO ADR 71654V408 $18,368 750,000 SH CALL X 1 X ---------------------------------------------------------------------------------------------------------------------------------- POTASH CORP SASK INC COM 73755L107 $433,936 5,926,466 SH X 1 X ---------------------------------------------------------------------------------------------------------------------------------- PSHS ULTSHT PROSHARES TR FINL 74347R628 $7,262 70,500 SH X 1 X ---------------------------------------------------------------------------------------------------------------------------------- PSHS PROSHARES TR ULSHRUS2000 74347R834 $333 5,250 SH X 1 X ---------------------------------------------------------------------------------------------------------------------------------- SB NT RF MICRODEVICES INC CV 1.5%10 749941AE0 $155,808 188,288,000 PRN X 1 X ---------------------------------------------------------------------------------------------------------------------------------- SUB NT RF MICRODEVICES INC CV0.75%12 749941AG5 $88,599 169,567,000 PRN X 1 X ---------------------------------------------------------------------------------------------------------------------------------- SUB NT RF MICRODEVICES INC CV 1%14 749941AJ9 $7,757 22,815,000 PRN X 1 X ---------------------------------------------------------------------------------------------------------------------------------- SR DEB RED HAT INC CV 0.5%24 756577AB8 $85,284 85,335,000 PRN X 1 X ---------------------------------------------------------------------------------------------------------------------------------- REPLIDYNE INC COM 76028W107 $1,384 1,487,808 SH X 1 X ---------------------------------------------------------------------------------------------------------------------------------- SPDR GOLD TRUST GOLD SHS 78463V107 $303 3,500 SH X 1 X ---------------------------------------------------------------------------------------------------------------------------------- SCHLUMBERGER LTD COM 806857108 $72,174 1,705,028 SH X 1 X ---------------------------------------------------------------------------------------------------------------------------------- NOTE SKYWORKS SOLUTIONS INC 1.250% 3/0 83088MAF9 $16,489 17,648,000 PRN X 1 X ---------------------------------------------------------------------------------------------------------------------------------- SOLERA HOLDINGS INC COM 83421A104 $600 24,900 SH X 1 X ---------------------------------------------------------------------------------------------------------------------------------- SPRINT NEXTEL CORP COM SER 1 852061100 $146 80,000 SH X 1 X ---------------------------------------------------------------------------------------------------------------------------------- SYMANTEC CORP COM 871503108 $2,163 160,000 SH X 1 X ----------------------------------------------------------------------------------------------------------------------------------
INVESTMENT DISCRETION VOTING AUTHORITY FAIR MARKET SHARES OR TITLE OF CUSIP VALUE PRINCIPAL SH/ PUT/ SHARED- SHARED- OTHER ISSUER CLASS NUMBER (IN THOUSANDS) AMOUNT PRN CALL SOLE DEFINED OTHER MNGRS** SOLE SHARED NONE ------------------------------------------------------------------------------------------------------------------------------------ CONT SB SYMMETRICOM INC NT CV 25 871543AB0 $37,086 46,410,000 SH X 1 X ---------------------------------------------------------------------------------------------------------------------------------- TW TELECOM INC COM 87311L104 $127 15,000 SH X 1 X ---------------------------------------------------------------------------------------------------------------------------------- SR DB TECH DATA CORP CV 2.75%26 878237AE6 $56,740 75,123,000 PRN X 1 X ---------------------------------------------------------------------------------------------------------------------------------- TERADATA CORP DEL COM 88076W103 $2,187 147,500 SH X 1 X ---------------------------------------------------------------------------------------------------------------------------------- TEXAS INSTRS INC COM 882508104 $1,979 127,500 SH X 1 X ---------------------------------------------------------------------------------------------------------------------------------- TIME WARNER CABLE INC CL A 88732J108 $294 13,695 SH X 1 X ---------------------------------------------------------------------------------------------------------------------------------- UNIBANCO-UNIAO DE BANCOS BRASL ADR 90458E107 $4,992 77,250 SH X 1 X ---------------------------------------------------------------------------------------------------------------------------------- UNION PAC CORP COM 907818108 $81,774 1,710,763 SH X 1 X ---------------------------------------------------------------------------------------------------------------------------------- VERIZON COMMUNICATIONS INC COM 92343V104 $339 10,000 SH X 1 X ---------------------------------------------------------------------------------------------------------------------------------- WAL MART STORES INC COM 931142103 $26,348 470,000 SH X 1 X ---------------------------------------------------------------------------------------------------------------------------------- WIND RIVER SYSTEMS INC COM 973149107 $1,505 166,666 SH X 1 X ---------------------------------------------------------------------------------------------------------------------------------- YAHOO INC COM 984332106 $1,596 130,800 SH X 1 X ---------------------------------------------------------------------------------------------------------------------------------- AMDOCS LTD ORD G02602103 $1,738 95,000 SH X 1 X ---------------------------------------------------------------------------------------------------------------------------------- COVIDIEN LTD COM G2552X108 $3,044 84,000 SH X 1 X ---------------------------------------------------------------------------------------------------------------------------------- GREENLIGHT CAPITAL RE LTD CLASS A G4095J109 $130 10,000 SH X 1 X ---------------------------------------------------------------------------------------------------------------------------------- RADWARE LTD ORD M81873107 $249 46,265 SH X 1 X ---------------------------------------------------------------------------------------------------------------------------------- GLOBAL SHIP LEASE INC NEW SHS A Y27183105 $10,725 3,750,000 SH X 1 X ----------------------------------------------------------------------------------------------------------------------------------
INVESTMENT DISCRETION VOTING AUTHORITY FAIR MARKET SHARES OR TITLE OF CUSIP VALUE PRINCIPAL SH/ PUT/ SHARED- SHARED- OTHER ISSUER CLASS NUMBER (IN THOUSANDS) AMOUNT PRN CALL SOLE DEFINED OTHER MNGRS** SOLE SHARED NONE ------------------------------------------------------------------------------------------------------------------------------------ GLOBAL SHIP LEASE INC *W EXP NEW 08/24/2010 Y27183113 $638 3,750,000 SH X 1 X ---------------------------------------------------------------------------------------------------------------------------------- Total Fair Market Value $4,615,526 (in thousands)
The following investment managers that are required to file a report pursuant to Section 13 (f) of the Securities and Exchange Act of 1934 ("Section 13 (f)") exercise investment discretion with respect to certain securities held in accounts for which Soros Fund Management LLC ("SFM LLC") acts as principal investment manager, and certain limited partnerships in which such accounts are directly or indirectly partners, and such managers will report such positions on their reports: 028-06437 Atlantic Investment Management, Inc. 028-05875 Blavin & Company, Inc. 028-12212 Discovery Capital Management, LLC 028-11106 EAC Management LP 028-11486 Horseman Capital Management Ltd. 028-12186 Lloyd George Management (BVI) Ltd. 028-06256 Martin Currie Investment Management Ltd. 028-10804 RR Partners LP 028-05395 Select Equity Group, Inc. 028-05369 Sirios Capital Management, L.P. ** Certain securities reported herein are managed by investment managers that are not required to file a report pursuant to Section 13(f). The inclusion of such securities herein shall not be deemed an admission that George Soros or SFM LLC has investment discretion or voting authority over such securities.