13F-HR 1 form13fhr.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: 9/30/2010 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: Southpoint Capital Advisors LP Address: 623 Fifth Avenue Suite 2601 New York, NY 10022 Form 13F File Number: 28-11745 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. Persons Signing this Report on Behalf of Reporting Manager: Name: John S. Clark II Title: Manager of the General Partner Phone: (212) 692-6350 Signature, Place, and Date of Signing: /s/ John S. Clark II New York, NY 11/15/2010 --------------------------------- --------------------------------- ---------- [Signature] [City, State] [Date] Southpoint Capital Advisors LP (the "Reporting Person") serves as investment adviser to Southpoint Fund LP (the "Fund"), Southpoint Qualified Fund LP (the "Qualified Fund"), Southpoint Offshore Fund, Ltd. and Southpoint Master Fund, LP (the Master Fund"). Southpoint Capital Advisors LLC is the general partner of the Reporting Person. Southpoint GP, LP is the general partner of the Fund, the Qualified Fund and the Master Fund. Southpoint GP, LLC is the general partner of Southpoint GP, LP. John S. Clark II is the sole manager of each of Southpoint Capital Advisors LLC and Southpoint GP, LLC. 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).) List of Other Managers Reporting for this Manager: Form 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 4 Form 13F Information Table Entry Total: 50 Form 13F Information Table Value Total: $ 1,146,822 -------------- (In Thousands) List of Other Included Managers: Provide a numbered list of the name(s) and 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 1 028-13948 Southpoint Capital Advisors LLC ---- -------------------- ---------------------------------------------------- 2 028-13953 Southpoint GP, LP ---- -------------------- ---------------------------------------------------- 3 028-13952 Southpoint GP, LLC ---- -------------------- ---------------------------------------------------- 4 028-13950 John S. Clark II ---- -------------------- ----------------------------------------------------
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 MANAGERS SOLE SHARED NONE ---------------------------- ---------------- --------- -------- --------- --- ---- ---------- -------- --------- ------ ---- AMARIN CORP PLC SPONS ADR NEW 023111206 671 259,901 SH CALL DEFINED 1,2,3,4 259,901 0 0 AMERICAN WTR WKS CO INC NEW COM 030420103 17,572 755,141 SH DEFINED 1,2,3,4 755,141 0 0 AMERISOURCEBERGEN CORP COM 03073E105 30,050 980,104 SH DEFINED 1,2,3,4 980,104 0 0 APRICUS BIOSCIENCES INC COM 03832V109 336 194,227 SH CALL DEFINED 1,2,3,4 194,227 0 0 AVANIR PHARMACEUTICALS INC CL A NEW 05348P401 2,882 903,410 SH DEFINED 1,2,3,4 903,410 0 0 BANK OF AMERICA CORPORATION COM 060505104 6,551 500,000 SH DEFINED 1,2,3,4 500,000 0 0 BECTON DICKINSON & CO COM 075887109 50,018 675,000 SH DEFINED 1,2,3,4 675,000 0 0 BROADRIDGE FINL SOLUTIONS IN COM 11133T103 52,601 2,300,000 SH DEFINED 1,2,3,4 2,300,000 0 0 CACI INTL INC CL A 127190304 58,392 1,290,142 SH DEFINED 1,2,3,4 1,290,142 0 0 CACI INTL INC CL A 127190304 31,682 700,000 SH CALL DEFINED 1,2,3,4 700,000 0 0 CALIX INC COM 13100M509 9,502 661,685 SH DEFINED 1,2,3,4 661,685 0 0 CARTER INC COM 146229109 32,913 1,250,000 SH DEFINED 1,2,3,4 1,250,000 0 0 CELERA CORP COM 15100E106 4,893 726,000 SH DEFINED 1,2,3,4 726,000 0 0 CHRISTOPHER & BANKS CORP COM 171046105 2,250 284,400 SH DEFINED 1,2,3,4 284,400 0 0 COMPASS MINERALS INTL INC COM 20451N101 11,493 150,000 SH DEFINED 1,2,3,4 150,000 0 0 CONTANGO OIL & GAS COMPANY COM NEW 21075N204 7,925 158,000 SH DEFINED 1,2,3,4 158,000 0 0 CVS CAREMARK CORPORATION COM 126650100 15,735 500,000 SH DEFINED 1,2,3,4 500,000 0 0 FIDELITY NATL INFORMATION SV COM 31620M106 46,121 1,700,000 SH DEFINED 1,2,3,4 1,700,000 0 0 FIRST SOLAR INC COM 336433107 27,999 190,018 SH DEFINED 1,2,3,4 190,018 0 0 FISERV INC COM 337738108 60,548 1,125,000 SH DEFINED 1,2,3,4 1,125,000 0 0 FISERV INC COM 337738108 10,764 200,000 SH CALL DEFINED 1,2,3,4 200,000 0 0 GOOGLE INC CL A 38259P508 42,063 80,000 SH DEFINED 1,2,3,4 80,000 0 0 GREEN MTN COFFEE ROASTERS IN COM 393122106 22,145 710,000 SH DEFINED 1,2,3,4 710,000 0 0 MASTERCARD INC CL A 57636Q104 33,600 150,000 SH DEFINED 1,2,3,4 150,000 0 0 MOVADO GROUP INC COM 624580106 9,881 908,207 SH DEFINED 1,2,3,4 908,207 0 0 MUELLER INDS INC COM 624756102 26,490 1,000,000 SH DEFINED 1,2,3,4 1,000,000 0 0 NALCO HOLDING COMPANY COM 62985Q101 73,013 2,896,200 SH DEFINED 1,2,3,4 2,896,200 0 0 NEOSTEM INC COM NEW 640650305 406 200,000 SH CALL DEFINED 1,2,3,4 200,000 0 0 NEOSTEM INC *W EXP 07/16/201 640650115 38 125,000 SH DEFINED 1,2,3,4 125,000 0 0 NEW YORK & CO INC COM 649295102 3,956 1,539,400 SH DEFINED 1,2,3,4 1,539,400 0 0 NICHOLAS FINANCIAL INC COM NEW 65373J209 9,523 1,036,220 SH DEFINED 1,2,3,4 1,036,220 0 0 OFFICEMAX INC DEL COM 67622P101 3,273 250,000 SH DEFINED 1,2,3,4 250,000 0 0 ORIENTAL FINL GROUP INC COM 68618W100 13,411 1,008,379 SH DEFINED 1,2,3,4 1,008,379 0 0 POWER ONE INC NEW COM 73930R102 24,412 2,685,600 SH DEFINED 1,2,3,4 2,685,600 0 0 QUINSTREET INC COM 74874Q100 4,198 280,034 SH DEFINED 1,2,3,4 280,034 0 0 DONNELLEY R R & SONS CO COM 257867101 8,105 477,904 SH DEFINED 1,2,3,4 477,904 0 0 SMART TECHNOLOGIES INC CL A SUB VTG S 83172R108 5,081 375,000 SH DEFINED 1,2,3,4 375,000 0 0 STANLEY BLACK & DECKER INC COM 854502101 42,896 700,000 SH DEFINED 1,2,3,4 700,000 0 0 TECUMSEH PRODS CO CL A 878895200 8,600 749,771 SH DEFINED 1,2,3,4 749,771 0 0 TRADESTATION GROUP INC COM 89267P105 18,750 2,849,615 SH DEFINED 1,2,3,4 2,849,615 0 0 TRINA SOLAR LIMITED SPON ADR 89628E104 12,374 410,000 SH DEFINED 1,2,3,4 410,000 0 0 TUESDAY MORNING CORP COM NEW 899035505 3,254 682,280 SH DEFINED 1,2,3,4 682,280 0 0 TYCO ELECTRONICS LTD SWITZER SHS H8912P106 59,173 2,025,100 SH DEFINED 1,2,3,4 2,025,100 0 0 UNION PAC CORP COM 907818108 69,530 850,000 SH DEFINED 1,2,3,4 850,000 0 0 VISHAY PRECISION GROUP INC COM 92835K103 7,302 467,786 SH DEFINED 1,2,3,4 467,786 0 0 WASTE MGMT INC DEL COM 94106L109 71,480 2,000,000 SH DEFINED 1,2,3,4 2,000,000 0 0 WASTE MGMT INC DEL COM 94106L109 35,740 1,000,000 SH CALL DEFINED 1,2,3,4 1,000,000 0 0 WELLPOINT INC COM 94973V107 48,144 850,000 SH DEFINED 1,2,3,4 850,000 0 0 WET SEAL INC CL A 961840105 4,602 1,357,400 SH DEFINED 1,2,3,4 1,357,400 0 0 YINGLI GREEN ENERGY HLDG CO ADR 98584B103 4,484 324,000 SH DEFINED 1,2,3,4 324,000 0 0