13F-HR 1 q13f-03312010.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: March 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: Quaker Capital Management Corporation Address: 601 Technology Drive, Suite 310 Canonsburg, PA 15317 13F File Number: 028-03862 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: Andrew I. Clark Title: Chief Compliance Officer Phone: 412-281-1948 Signature, Place, and Date of Signing: /s/ Andrew I. Clark Canonsburg, Pennsylvania May 14, 2010 Report Type (Check only one.): [X ] 13F HOLDINGS REPORT [ ] 13F NOTICE [ ] 13F COMBINATION REPORT List of Other Managers Reporting for this Manager: NONE I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE ACT OF 1934. FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 Form 13F Information Table Entry Total: 57 Form 13F Information Table Value Total: $672,073,840 List of Other Included Managers: NONE Name of Issuer Class CUSIP Value ($) Shares InvDscn Oth VoteSole VoteShd. 3M Company Com 88579Y101 3,426,119 40,997 Sole 0 40,997 Altisource Portfolio Soluti Com L0175J104 12,733,482 568,459 Sole 210,000 358,459 American Eagle Outfitters Com 02553E106 4,601,868 248,481 Sole 0 248,481 American Express Company Com 025816109 10,233,924 248,035 Sole 0 248,035 AOL Inc. Com 00184X105 6,685,574 264,461 Sole 158,000 106,461 Bank of New York Mellon Corp Com 064058100 26,428,400 855,842 Sole 634,800 221,042 Barrick Gold Corp. Com 067901108 24,759,205 645,780 Sole 443,000 202,780 Broadridge Financial Solutio Com 11133T103 9,585,509 448,340 Sole 189,400 258,940 Capital One Financial Com 14040H105 3,876,804 93,620 Sole 0 93,620 Cisco Systems Com 17275R102 19,779,052 759,856 Sole 300,000 459,856 Clearwire Corp. Com 18538Q105 20,373,844 2,845,509 Sole 2,231,800 613,709 Clearwire: Subscription Righ Com 18538Q139 637,898 3,448,099 Sole 2,834,100 613,999 Cogent Communications Group Com 19239V302 9,316,950 895,000 Sole 895,000 0 Corning Inc. Com 219350105 32,122,480 1,589,435 Sole 1,207,900 381,535 DDI Corp. Com 233162502 5,008,311 883,300 Sole 883,300 0 DirecTV Class A Com 25490A101 10,619,552 314,095 Sole 0 314,095 Dish Network Corp. Com 25470M109 29,357,845 1,410,079 Sole 992,200 417,879 Domtar Inc. Com 257559203 21,083,455 327,332 Sole 190,600 136,732 Dragonwave Inc. Com 26144M103 2,339,899 252,962 Sole 252,962 0 Dress Barn Inc. Com 261570105 7,406,615 283,317 Sole 0 283,317 Ebay Inc. Com 278642103 40,126,239 1,487,948 Sole 781,800 706,148 EMC Corp. Com 268648102 690,120 38,255 Sole 0 38,255 Fairchild Semiconductor Com 303726103 22,126,121 2,077,570 Sole 1,517,000 560,570 FiberTower Corp. Com 31567R209 241,298 55,132 Sole 0 55,132 First Marblehead Corp. Com 320771108 523,342 184,275 Sole 0 184,275 H & R Block Inc. Com 093671105 6,328,434 355,530 Sole 0 355,530 HSN Inc. Com 404303109 6,500,764 220,814 Sole 19,572 201,242 JP Morgan Chase & Co. Com 46625H100 33,537,977 749,452 Sole 447,700 301,752 Knoll Inc Com 498904200 9,320,423 828,482 Sole 381,200 447,282 Knology Inc. Com 499183804 14,738,774 1,096,635 Sole 430,900 665,735 Liberty Media Corp. Liberty Com 53071M708 1,819,746 33,286 Sole 0 33,286 Merck & Co. Com 58933Y105 6,506,332 174,199 Sole 0 174,199 Methode Electronics Inc. Com 591520200 1,992,583 201,271 Sole 0 201,271 Microsoft Corp. Com 594918104 6,754,723 230,635 Sole 0 230,635 Municipal Mtg & Eqty Com 62624B101 58,004 288,575 Sole 0 288,575 NCR Corp. Com 62886E108 25,031,213 1,813,856 Sole 1,057,600 756,256 Newell Rubbermaid Inc. Com 651229106 9,596,900 631,375 Sole 258,200 373,175 Nighthawk Radiology Inc. Com 65411N105 6,590,105 2,072,360 Sole 1,516,200 556,160 Nokia Corp. Com 654902204 5,164,641 332,345 Sole 0 332,345 Performance Technologies Inc Com 71376K102 4,447,421 1,594,115 Sole 1,594,115 0 PNC Financial Services Group Com 693475105 32,367,729 542,173 Sole 359,600 182,573 Precision Castparts Corp. Com 740189105 4,197,776 33,129 Sole 0 33,129 RCN Corp. Com 749361200 23,857,465 1,582,060 Sole 1,231,255 350,805 Spectrum Control Com 847615101 1,133,579 96,970 Sole 0 96,970 Sprint Nextel Com 852061100 26,024,682 6,848,600 Sole 4,929,600 1,919,000 Time Warner Cable Inc. Com 88732J207 4,207,385 78,923 Sole 0 78,923 Time Warner Inc. Com 887317303 18,308,085 585,484 Sole 261,900 323,584 Tollgrade Communications Com 889542106 290,711 46,218 Sole 0 46,218 Tyco International Ltd. Com H89128104 3,498,536 91,465 Sole 0 91,465 US Bancorp Com 902973304 27,433,653 1,060,033 Sole 614,700 445,333 Wal-Mart Stores Com 931142103 16,319,966 293,525 Sole 190,200 103,325 Walt Disney Co. Com 254687106 5,218,521 149,485 Sole 0 149,485 Wells Fargo & Co Com 949746101 15,987,901 513,750 Sole 506,700 7,050 Wells Fargo 7.5% Pfd L Com 949746804 8,113,950 8,322 Sole 0 8,322 West Marine Inc. Com 954235107 2,805,799 258,599 Sole 258,599 0 Winn-Dixie Stores Com 974280307 10,337,099 827,630 Sole 711,700 115,930 WSFS Financial Com 929328102 9,499,057 243,566 Sole 112,100 131,466