13F-HR 1 grn46.txt GREENLIGHT 13F 4Q 2006 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, 2006 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: Greenlight Capital, Inc. Address: 140 East 45th Street 24th Floor New York, New York 10017 13F File Number: 28-7484 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: Daniel Roitman Title: Chief Operating Officer Phone: 212.973.1900 Signature, Place, and Date of Signing: Daniel Roitman New York, New York February 14, 2007 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: 1 Form13F Information Table Entry Total: 49 Form13F Information Table Value Total: $2,053,709 (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 1 28- DME Advisors, L.P. FORM 13F INFORMATION TABLE VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- ALLIED CAP CORP NEW PUT 01903Q958 15311 468500 SH PUT SOLE 468500 ALLIED CAP CORP NEW PUT 01903Q958 1029 31500 SH PUT SOLE 1 31500 ALLIED CAP CORP NEW CALL 01903Q908 30618 936900 SH CALL SOLE 936900 ALLIED CAP CORP NEW CALL 01903Q908 2062 63100 SH CALL SOLE 1 63100 AMERICAN HOME MTG INVT CORP COM 02660R107 47482 1352000 SH SOLE 1352000 AMERICAN HOME MTG INVT CORP COM 02660R107 5588 159100 SH SOLE 1 159100 AMERIPRISE FINL INC COM 03076C106 306644 5626495 SH SOLE 5626495 AMERIPRISE FINL INC COM 03076C106 22590 414500 SH SOLE 1 414500 CF INDS HLDGS INC COM 125269100 119044 4642900 SH SOLE 4642900 CF INDS HLDGS INC COM 125269100 9012 351500 SH SOLE 1 351500 FIDELITY NATIONAL FINANCIAL CL A 31620R105 5223 218717 SH SOLE 218717 FIDELITY NATIONAL FINANCIAL CL A 31620R105 392 16400 SH SOLE 1 16400 FIELDSTONE INVT CORP COM 31659U300 8526 1946550 SH SOLE 1946550 FIELDSTONE INVT CORP COM 31659U300 1558 355700 SH SOLE 1 355700 FIRST DATA CORP COM 319963104 17611 690100 SH SOLE 690100 FIRST DATA CORP COM 319963104 1273 49900 SH SOLE 1 49900 FLAMEL TECHNOLOGIES SA SPONSORED ADR 338488109 42983 1435145 SH SOLE 1435145 FLAMEL TECHNOLOGIES SA SPONSORED ADR 338488109 3351 111900 SH SOLE 1 111900 GENWORTH FINL INC COM CL A 37247D106 81940 2395200 SH SOLE 2395200 GENWORTH FINL INC COM CL A 37247D106 6216 181700 SH SOLE 1 181700 HOSPIRA INC COM 441060100 81774 2435190 SH SOLE 2435190 HOSPIRA INC COM 441060100 6188 184283 SH SOLE 1 184283 INTERNATIONAL COAL GRP INC N COM 45928H106 14543 2668361 SH SOLE 2668361 KBR INC COM 48242W106 36836 1408100 SH SOLE 1408100 KBR INC COM 48242W106 2752 105200 SH SOLE 1 105200 M D C HLDGS INC COM 552676108 234156 4104400 SH SOLE 4104400 M D C HLDGS INC COM 552676108 18575 325600 SH SOLE 1 325600 MERCER INTL INC COM 588056101 19428 1636717 SH SOLE 1636717 MERCER INTL INC NOTE 8.500%10/1 588056AG6 25604 15500000 PRN SOLE 15500000 MI DEVS INC CL A SUB VTG 55304X104 168861 4730000 SH SOLE 4730000 MICROSOFT CORP COM 594918104 248184 8311600 SH SOLE 8311600 MICROSOFT CORP COM 594918104 17570 588400 SH SOLE 1 588400 MICROSOFT CORP CALL 594918904 36113 1209400 SH CALL SOLE 1209400 MICROSOFT CORP CALL 594918904 2556 85600 SH CALL SOLE 1 85600 NEW CENTURY FINANCIAL CORP M COM 6435EV108 110398 3494700 SH SOLE 3494700 RADISYS CORP COM 750459109 10667 639918 SH SOLE 639918 RADISYS CORP COM 750459109 807 48400 SH SOLE 1 48400 SAIC INC COM 78390X101 37610 2114100 SH SOLE 2114100 SAIC INC COM 78390X101 2809 157900 SH SOLE 1 157900 SCOTTISH RE GROUP LIMITED SHS G73537410 14893 2788900 SH SOLE 2788900 SCOTTISH RE GROUP LIMITED SHS G73537410 1127 211100 SH SOLE 1 211100 TERNIUM SA SPON ADR 880890108 13949 472200 SH SOLE 472200 TERNIUM SA SPON ADR 880890108 969 32800 SH SOLE 1 32800 WALTER INDS INC COM 93317Q105 9589 354500 SH SOLE 354500 WALTER INDS INC COM 93317Q105 725 26800 SH SOLE 1 26800 WASHINGTON GROUP INTL INC COM NEW 938862208 159192 2662512 SH SOLE 2662512 WASHINGTON GROUP INTL INC COM NEW 938862208 11539 192988 SH SOLE 1 192988 WESTERN UN CO COM 959802109 35209 1570450 SH SOLE 1570450 WESTERN UN CO COM 959802109 2633 117450 SH SOLE 1 117450