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: 12/31/2010 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 2/14/2011 --------------------------------- --------------------------------- ---------- [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: 55 Form 13F Information Table Value Total: $ 1,268,242 -------------- (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 ---------------------------- ---------------- --------- -------- --------- --- ---- ---------- -------- --------- ------ ---- AMERICAN WTR WKS CO INC NEW COM 030420103 14,837 586,671 SH DEFINED 1,2,3,4 586,671 0 0 AMERISOURCEBERGEN CORP COM 03073E105 33,441 980,104 SH DEFINED 1,2,3,4 980,104 0 0 APRICUS BIOSCIENCES INC COM 03832V109 674 194,227 CALL DEFINED 1,2,3,4 194,227 0 0 ARTIO GLOBAL INVS INC COM CL A 04315B107 9,162 621,139 SH DEFINED 1,2,3,4 621,139 0 0 AUTONATION INC COM 05329W102 67,680 2,400,000 SH DEFINED 1,2,3,4 2,400,000 0 0 AVANIR PHARMACEUTICALS INC CL A NEW 05348P401 1,238 303,410 SH DEFINED 1,2,3,4 303,410 0 0 BECTON DICKINSON & CO COM 075887109 19,017 225,000 SH DEFINED 1,2,3,4 225,000 0 0 BLACKBOARD INC COM 091935502 13,423 325,000 SH DEFINED 1,2,3,4 325,000 0 0 BLUE NILE INC COM 09578R103 3,317 58,128 SH DEFINED 1,2,3,4 58,128 0 0 BROADRIDGE FINL SOLUTIONS IN COM 11133T103 13,193 601,590 SH DEFINED 1,2,3,4 601,590 0 0 CACI INTL INC CL A 127190304 71,831 1,345,142 SH DEFINED 1,2,3,4 1,345,142 0 0 CADENCE PHARMACEUTICALS INC COM 12738T100 2,720 360,331 SH DEFINED 1,2,3,4 360,331 0 0 CALIX INC COM 13100M509 6,720 397,656 SH DEFINED 1,2,3,4 397,656 0 0 CELERA CORP COM 15100E106 4,574 726,000 SH DEFINED 1,2,3,4 726,000 0 0 CHRISTOPHER & BANKS CORP COM 171046105 4,246 690,400 SH DEFINED 1,2,3,4 690,400 0 0 COCA COLA ENTERPRISES INC NE COM 19122T109 78,845 3,150,000 SH DEFINED 1,2,3,4 3,150,000 0 0 CVS CAREMARK CORPORATION COM 126650100 17,385 500,000 SH DEFINED 1,2,3,4 500,000 0 0 DARLING INTL INC COM 237266101 8,826 664,589 SH DEFINED 1,2,3,4 664,589 0 0 EQUINIX INC COM NEW 29444U502 8,126 100,000 SH DEFINED 1,2,3,4 100,000 0 0 EXCEL TR INC COM 30068C109 3,467 286,522 SH DEFINED 1,2,3,4 286,522 0 0 FIDELITY NATL INFORMATION SV COM 31620M106 46,563 1,700,000 SH DEFINED 1,2,3,4 1,700,000 0 0 FIRST SOLAR INC COM 336433107 22,126 170,018 SH DEFINED 1,2,3,4 170,018 0 0 FISERV INC COM 337738108 52,704 900,000 SH DEFINED 1,2,3,4 900,000 0 0 GENERAL MTRS CO COM 37045V100 36,860 1,000,000 SH DEFINED 1,2,3,4 1,000,000 0 0 GOOGLE INC CL A 38259P508 44,548 75,000 SH DEFINED 1,2,3,4 75,000 0 0 GREEN MTN COFFEE ROASTERS IN COM 393122106 26,617 810,000 SH DEFINED 1,2,3,4 810,000 0 0 LENDER PROCESSING SVCS INC COM 52602E102 44,280 1,500,000 SH DEFINED 1,2,3,4 1,500,000 0 0 LIVEPERSON INC COM 538146101 7,345 650,000 SH DEFINED 1,2,3,4 650,000 0 0 MASTERCARD INC CL A 57636Q104 39,219 175,000 SH DEFINED 1,2,3,4 175,000 0 0 MOVADO GROUP INC COM 624580106 13,970 865,524 SH DEFINED 1,2,3,4 865,524 0 0 MUELLER INDS INC COM 624756102 23,519 719,230 SH DEFINED 1,2,3,4 719,230 0 0 NALCO HOLDING COMPANY COM 62985Q101 90,530 2,834,383 SH DEFINED 1,2,3,4 2,834,383 0 0 NEOSTEM INC COM 640650305 282 200,000 CALL DEFINED 1,2,3,4 200,000 0 0 NEOSTEM INC *W EXP 07/16/201 640650115 25 125,000 SH DEFINED 1,2,3,4 125,000 0 0 NEW YORK & CO INC COM 649295102 3,575 808,766 SH DEFINED 1,2,3,4 808,766 0 0 NICHOLAS FINANCIAL INC COM NEW 65373J209 10,611 1,036,220 SH DEFINED 1,2,3,4 1,036,220 0 0 ORIENTAL FINL GROUP INC COM 68618W100 16,930 1,355,467 SH DEFINED 1,2,3,4 1,355,467 0 0 POWER ONE INC NEW COM 73930R102 38,304 3,755,260 SH DEFINED 1,2,3,4 3,755,260 0 0 QUINSTREET INC COM 74874Q100 6,148 320,021 SH DEFINED 1,2,3,4 320,021 0 0 REALPAGE INC COM 75606N109 309 10,000 SH DEFINED 1,2,3,4 10,000 0 0 SABRA HEALTH CARE REIT INC COM 78573L106 12,071 656,009 SH DEFINED 1,2,3,4 656,009 0 0 SODASTREAM INTERNATIONAL LTD USD SHS M9068E105 5,527 175,000 SH DEFINED 1,2,3,4 175,000 0 0 SUNTECH PWR HLDGS CO LTD ADR 86800C104 4,005 500,000 SH DEFINED 1,2,3,4 500,000 0 0 TIER TECHNOLOGIES INC CL B 88650Q100 229 38,186 SH DEFINED 1,2,3,4 38,186 0 0 TRADESTATION GROUP INC COM 89267P105 12,539 1,857,640 SH DEFINED 1,2,3,4 1,857,640 0 0 TRINA SOLAR LIMITED SPON ADR 89628E104 7,026 300,000 SH DEFINED 1,2,3,4 300,000 0 0 TUESDAY MORNING CORP COM NEW 899035505 3,357 635,717 SH DEFINED 1,2,3,4 635,717 0 0 TYCO ELECTRONICS LTD SWITZER SHS H8912P106 49,824 1,407,466 SH DEFINED 1,2,3,4 1,407,466 0 0 UNION PAC CORP COM 907818108 72,831 786,000 SH DEFINED 1,2,3,4 786,000 0 0 VISHAY PRECISION GROUP INC COM 92835K103 7,490 397,540 SH DEFINED 1,2,3,4 397,540 0 0 WASTE MGMT INC DEL COM 94106L109 73,740 2,000,000 SH DEFINED 1,2,3,4 2,000,000 0 0 WASTE MGMT INC DEL COM 94106L109 36,870 1,000,000 CALL DEFINED 1,2,3,4 1,000,000 0 0 WATTS WATER TECHNOLOGIES INC CL A 942749102 13,664 373,434 SH DEFINED 1,2,3,4 373,434 0 0 WELLPOINT INC COM 94973V107 56,860 1,000,000 SH DEFINED 1,2,3,4 1,000,000 0 0 WET SEAL INC CL A 961840105 5,022 1,357,400 SH DEFINED 1,2,3,4 1,357,400 0 0