13F-HR 1 m09300613f.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: September 30, 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: Dawson-Herman Capital Management Inc. Address: 354 Pequot Avenue Southport, CT 06890 13F File Number: 028-03914 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: Thomas S. Galvin Title: CFO Phone: (203) 254-0091 Signature, Place, and Date of Signing: Thomas S. Galvin Southport, CT Novenber 14, 2006 Report Type (Check only one.): [X] 13F HOLDINGS REPORT. [ ] 13F NOTICE. [ ] 13F COMBINATION REPORT. List of Other Managers Reporting for this Manager: I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE ACT OF 1934. Report Summary: Number of Other Included Managers: 0 Form 13F Information Table Entry Total: 130 Form 13F Information Table Value Total: 1,126,055,315 List of Other Included Managers: 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 ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- ------- ABB LTD CS 000375204 4816 365400 SH SOLE 365400 ACQUICOR TECHNOLOGY INC WT 00489A115 1080 1500000 SH SOLE 1500000 ACQUICOR TECHNOLOGY INC CS 00489A107 4178 750000 SH SOLE 750000 ACTIVE POWER CS 00504W100 10403 4161230 SH SOLE 4161230 ADOLOR CORPORATION CS 00724X102 3047 219700 SH SOLE 219700 ADVANCED MAGNETICS INC CS 00753P103 7328 214900 SH SOLE 214900 ADVENT SOFTWARE CS 007974108 15027 415000 SH SOLE 415000 AFFYMETRIX INC CS 00826T108 4750 220300 SH SOLE 220300 ALLEGHENY TECHNOLOGIES INC. CS 00949T100 21580 347000 SH SOLE 347000 ALLERGAN INC CS 018490102 8130 72200 SH SOLE 72200 ALPHATEC HOLDINGS INC CS 02081G102 908 158900 SH SOLE 158900 AMERICAN EXPRESS COMPANY CS 025816109 340 6054 SH SOLE 6054 AMERICAN INTERNATIONAL GROUP CS 026874107 9312 140535 SH SOLE 140535 AMETEK INC CS 031100100 7708 177000 SH SOLE 177000 ARROW INTERNATIONAL INC CS 042764100 9740 306200 SH SOLE 306200 ASPEN INSURANCE HOLDINGS LTD CS G05384105 11540 446750 SH SOLE 446750 AUTOMATIC DATA PROCESSING CS 053015103 13830 292150 SH SOLE 292150 BALDOR ELECTRIC CO CS 057741100 24969 809900 SH SOLE 809900 BANK OF NEW YORK CO INC CS 064057102 10779 305700 SH SOLE 305700 BERKSHIRE HATHAWAY INC CS 084670207 5967 1880 SH SOLE 1880 BIOMET INC CS 090613100 7658 237900 SH SOLE 237900 BOEING CO. CS 097023105 4013 50900 SH SOLE 50900 BRISTOL MYERS SQUIBB CO CS 110122108 9063 363700 SH SOLE 363700 BUCYRUS INTERNATIONAL INC CS 118759109 10253 241700 SH SOLE 241700 CAMERON INTERNATIONAL CORP. CS 13342B105 1121 23200 SH SOLE 23200 CARRIER ACCESS CORPORATION CS 144460102 5385 758400 SH SOLE 758400 CELADON GROUP INC CS 150838100 8890 534256 SH SOLE 534256 CF INDUSTRIES HOLDINGS INC CS 125269100 7495 439100 SH SOLE 439100 CHARTER COMMUNICATIONS CS 16117M107 6446 4240500 SH SOLE 4240500 CIENA CORPORATION CS 171779309 13505 495592 SH SOLE 495592 CLINICAL DATA INC CS 18725U109 187 13400 SH SOLE 13400 COMCAST CORP CS 20030N101 7874 213400 SH SOLE 213400 CORN PRODUCTS INTERNATIONAL INC CS 219023108 12541 385400 SH SOLE 385400 CROCS INC CS 227046109 9228 271800 SH SOLE 271800 CROSS COUNTRY INC CS 22748P108 14132 831300 SH SOLE 831300 CROWN CASTLE INTERNATIONAL CORP CS 228227104 27813 789233 SH SOLE 789233 CXS CORP CS 126408103 6533 199000 SH SOLE 199000 DENBURY RESOURCES INC CS 247916208 6708 232100 SH SOLE 232100 DEVON ENERGY CORP NEW CS 25179M103 3059 48436 SH SOLE 48436 DIAMONDS TRUST SERIES PUT 252787956 247 3800 SH PUT SOLE 3800 DIANA SHIPPING INC CS Y2066G104 14103 1058000 SH SOLE 1058000 DIGENE CORP CS 253752109 5679 131600 SH SOLE 131600 DOLBY LABORATORIES INC CS 25659T107 931 46900 SH SOLE 46900 ECOLAB INC CS 278865100 7442 173800 SH SOLE 173800 EDGAR ONLINE INC CS 279765101 1307 359000 SH SOLE 359000 EMCOR GROUP INC CS 29084Q100 23296 424800 SH SOLE 424800 ENSCO INTERNATIONAL INC CS 26874Q100 31290 713900 SH SOLE 713900 FINISAR CS 31787A101 26169 7209200 SH SOLE 7209200 FLORIDA EAST COAST INDUSTRIES CS 340632108 354 6200 SH SOLE 6200 FLUOR CORP. CS 343861100 22037 286600 SH SOLE 286600 FOSTER WHEELER LTD CS G36535139 63353 1641700 SH SOLE 1641700 FUELCELL ENERGY INC CS 35952H106 191 25100 SH SOLE 25100 GAYLORD ENTERTAINMENT CO CS 367905106 4547 103700 SH SOLE 103700 GENENTECH INC. CS 368710406 1919 23200 SH SOLE 23200 GENERAL MOTORS CORP CS 370442105 14994 450800 SH SOLE 450800 GLOBAL CROSSING LTD CS G3921A175 5726 279300 SH SOLE 279300 GLOBAL SANTAFE CORP CS G3930E101 244 4887 SH SOLE 4887 HALLIBURTON CO CS 406216101 10652 374400 SH SOLE 374400 HARSCO CORP CS 415864107 6165 79400 SH SOLE 79400 HARTFORD FINANCIAL CS 416515104 8519 98200 SH SOLE 98200 HEALTH CARE SERVICE GROUP CS 421906108 14326 569376 SH SOLE 569376 HESS CORP CS 42809H107 12426 300000 SH SOLE 300000 HEWLETT PACKARD CO CS 428236103 3259 88822 SH SOLE 88822 HOLOGIC INC COM CS 436440101 6106 140300 SH SOLE 140300 HOMEX DEVELOPMENT CORP CS 25030W100 8398 222400 SH SOLE 222400 HONEYWELL INC. CS 438506107 450 11000 SH SOLE 11000 ILLUMINA INC PUT 452327959 158 1500 SH PUT SOLE 1500 INDEVUS PHARMACEUTICALS INC CS 454072109 466 78800 SH SOLE 78800 INTEL CORP COM CS 458140100 5611 272800 SH SOLE 272800 INTERFACE INC CS 458665106 1435 111400 SH SOLE 111400 INTERNATIONAL GAME TECH. CS 459902102 2009 48400 SH SOLE 48400 ISHARES NASDAQ BIOTECH INDEX CS 464287556 1254 17000 SH SOLE 17000 ISHARES TRUST RUSSELL 2000 PUT 964287955 2277 20700 SH PUT SOLE 20700 KERYX BIOPHARMACEUTICALS INC CS 492515101 7794 658800 SH SOLE 658800 LAM RESEARCH CORP CS 512807108 1047 23100 SH SOLE 23100 LEVEL 3 COMM INC. CS 52729N100 16244 3013700 SH SOLE 3013700 LIBERTY GLOBAL INC. CS 530719103 5637 219000 SH SOLE 219000 LIFEPOINT HOSPITALS INC CS 53219L109 14788 418700 SH SOLE 418700 LINDSAY MANUFACTURING CO CS 535555106 575 20000 SH SOLE 20000 LSI LOGIC CORP COM CS 502161102 192 23400 SH SOLE 23400 LUCENT TECHNOLOGIES CS 549463107 138 59000 SH SOLE 59000 MANITOWOC CS 563571108 22686 506500 SH SOLE 506500 MATTEL INC COM CS 577081102 358 18192 SH SOLE 18192 MCDERMOTT INTERNATIONAL INC CS 580037109 19295 461600 SH SOLE 461600 MENTOR CORP CS 587188103 5397 107100 SH SOLE 107100 MERIDIAN RESOURCE CORP CS 58977Q109 60 19548 SH SOLE 19548 MICROSOFT CORP COM CS 594918104 11517 421100 SH SOLE 421100 MIRANT CORP CS 604675108 9670 354100 SH SOLE 354100 MRV COMMUNICATIONS CS 553477100 10478 3796200 SH SOLE 3796200 MURPHY OIL CORP CS 626717102 499 10500 SH SOLE 10500 MYOGEN INC CS 62856E104 9170 261400 SH SOLE 261400 MYRIAD GENETICS CS 62855J104 15288 620200 SH SOLE 620200 NATIONAL OILWELL VARCO INC CS 637071101 392 6700 SH SOLE 6700 NETSMART TECHNOLOGIES CS 64114W306 9383 715203 SH SOLE 715203 NOBILITY HOMES INC. CS 654892108 885 33000 SH SOLE 33000 PARK OHIO HOLDINGS CS 700666100 392 28402 SH SOLE 28402 PINNACLE ENTERTAINMENT INC CS 723456109 5230 186000 SH SOLE 186000 PLAYTEX PRODUCTS INC CS 72813P100 6606 493000 SH SOLE 493000 PMC SIERRA INC CS 69344F106 159 26800 SH SOLE 26800 POTASH CS 73755L107 28413 272700 SH SOLE 272700 RANGE RESOURCES CORP CS 75281A109 3713 147100 SH SOLE 147100 REDBACK NETWORKS CS 757209507 25021 1802700 SH SOLE 1802700 RENTECH INC CS 760112102 7851 1695700 SH SOLE 1695700 RICK'S CABARET INTERNATIONAL CS 765641204 865 108500 SH SOLE 108500 RUSH ENTERPRISES CLASSA CS 781846209 167 10000 SH SOLE 10000 SBA COMMUICATIONS CORP CS 78388J106 1808 74300 SH SOLE 74300 SILICON GRAPHICS INC CS 827056102 0 20000 SH SOLE 20000 SPDR TRUST PUT 78462F953 1103 19835 SH PUT SOLE 19835 SUN HEALTHCARE GROUP INC CS 866933401 292 27200 SH SOLE 27200 SYCAMORE NETWORKS INC CS 871206108 20884 5524800 SH SOLE 5524800 TELLABS INC COM CS 879664100 27170 2479000 SH SOLE 2479000 TEREX CORP CS 880779103 15994 353700 SH SOLE 353700 TERRA INDUSTRIES INC CS 880915103 15898 2062000 SH SOLE 2062000 THE MOSAIC CO CS 61945A107 8776 519300 SH SOLE 519300 TIM PARTICIPACOES SA CS 88706P106 3918 140700 SH SOLE 140700 TITAN PHARMACEUTICALS CS 888314101 4264 1938200 SH SOLE 1938200 TJX COS INC NEW COM CS 872540109 507 18100 SH SOLE 18100 TRANSOCEAN INC. CS G90078109 19377 264600 SH SOLE 264600 TRINITY INDUSTRIES CS 896522109 17463 542850 SH SOLE 542850 UNITED RENTALS INC CS 911363109 3139 135000 SH SOLE 135000 URS CORP CS 903236107 43646 1122300 SH SOLE 1122300 VALMONT INDUSTRIES INC CS 920253101 42803 819200 SH SOLE 819200 VIVUS INC CS 928551100 61 16600 SH SOLE 16600 WESTERN DIGITAL CORP COM CS 958102105 865 47800 SH SOLE 47800 WIDEPOINT CORP CS 967590100 751 258100 SH SOLE 258100 WORLD AIR HOLDINGS INC CS 98142V104 783 87000 SH SOLE 87000 XANTRAX CS 98389A102 626 80900 SH SOLE 80900 XL CAPITAL LTD CS G98255105 5702 83000 SH SOLE 83000 ZARLINK SEMICONDUCTOR INC CS 989139100 4861 2240100 SH SOLE 2240100 ZIMMER HOLDINGS INC CS 98956P102 776 11500 SH SOLE 11500