13F-HR 1 q13f-12312010.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: December 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 February 14, 2011 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: 63 Form 13F Information Table Value Total: $741,280,117 List of Other Included Managers: NONE Name of Issuer Class CUSIP Value ($) Shares InvDscn Oth VoteSole VoteShd. 3M Company Com 88579Y101 6,440,742 74,632 Sole 0 74,632 Altisource Portfolio Soluti Com L0175J104 7,142,244 248,772 Sole 2,500 246,272 American Eagle Outfitters Com 02553E106 3,499,364 239,191 Sole 0 239,191 American Express Company Com 025816109 7,059,481 164,480 Sole 0 164,480 AOL Inc. Com 00184X105 6,137,191 258,844 Sole 6,475 252,369 AON Corp. Com 037389103 9,184,470 199,619 Sole 12,525 187,094 Artio Global Investors Inc. Com 04315B107 8,369,888 567,450 Sole 567,450 0 Bank of New York Mellon Corp Com 064058100 27,427,399 908,192 Sole 687,100 221,092 Barrick Gold Corp. Com 067901108 10,704,336 201,285 Sole 0 201,285 BP Amoco PLC Com 0556222104 413,917 9,371 Sole 7,900 1,471 Broadridge Financial Solutio Com 11133T103 10,120,366 461,485 Sole 200,700 260,785 Chevron Corp. Com 166764100 7,782,165 85,284 Sole 1,250 84,034 Cisco Systems Com 17275R102 30,320,036 1,498,766 Sole 977,875 520,891 Clearwire Corp. Com 18538Q105 11,391,800 2,212,000 Sole 1,369,000 843,000 Cogent Communications Group Com 19239V302 5,738,012 405,800 Sole 405,800 0 Corning Inc. Com 219350105 41,396,771 2,142,690 Sole 1,635,500 507,190 Covanta Holding Corp. Com 22282E102 9,767,479 568,207 Sole 321,525 246,682 DDI Corp. Com 233162502 4,186,560 356,000 Sole 356,000 0 DirecTV Class A Com 25490A101 11,970,016 299,775 Sole 0 299,775 Dish Network Corp. Com 25470M109 32,732,996 1,664,954 Sole 1,242,775 422,179 Domtar Inc. Com 257559203 41,690,176 549,133 Sole 362,650 186,483 Dragonwave Inc. Com 26144M103 4,202,276 497,900 Sole 497,900 0 Dress Barn Inc. Com 261570105 3,691,799 139,735 Sole 0 139,735 Ebay Inc. Com 278642103 34,202,792 1,228,990 Sole 655,825 573,165 Fairchild Semiconductor Com 303726103 64,485,347 4,131,028 Sole 2,924,575 1,206,453 Ferro Corp. Com 315405100 175,680 12,000 Sole 7,500 4,500 FiberTower Corp. Com 31567R209 216,158 51,706 Sole 0 51,706 First Marblehead Corp. Com 320771108 325,522 150,010 Sole 0 150,010 Gilead Science Inc. Com 375558103 18,547,162 511,787 Sole 261,175 250,612 Goldman Sachs Com 38141G104 7,308,570 43,462 Sole 0 43,462 Google Inc. Com 38259P508 16,726,194 28,160 Sole 28,160 0 H & R Block Inc. Com 093671105 3,655,894 306,960 Sole 0 306,960 Intel Corp. Com 458140100 10,753,207 511,327 Sole 192,200 319,127 JP Morgan Chase & Co. Com 46625H100 57,097,826 1,346,012 Sole 958,800 387,212 Knoll Inc Com 498904200 6,573,786 392,934 Sole 0 392,934 Knology Inc. Com 499183804 8,967,009 573,705 Sole 0 573,705 Lakes Entertainment Inc. Com 51206P109 82,935 29,100 Sole 29,100 0 Liberty Media Corp. Liberty Com 53071M708 1,933,903 29,090 Sole 0 29,090 Mastercard Inc. Com 57636Q104 18,083,212 80,689 Sole 52,600 28,089 Matrixx Initiatives Inc. Com 57685L105 92,637 10,950 Sole 10,950 0 Merck & Co. Com 58933Y105 7,085,500 196,601 Sole 0 196,601 Microsoft Corp. Com 594918104 7,244,362 259,562 Sole 16,700 242,862 Municipal Mtg & Eqty Com 62624B101 59,771 502,275 Sole 0 502,275 Newell Rubbermaid Inc. Com 651229106 11,662,106 641,480 Sole 265,700 375,780 Nokia Corp. Com 654902204 3,207,848 310,838 Sole 0 310,838 Omnicare Inc. Com 681904108 445,594 17,550 Sole 13,250 4,300 Performance Technologies Inc Com 71376K102 2,614,349 1,594,115 Sole 1,594,115 0 PNC Financial Services Group Com 693475105 44,049,568 725,454 Sole 541,825 183,629 PNC Financial Warrants Com 693475121 176,046 12,200 Sole 12,200 0 Spartech Corp. Com 847220209 8,477,352 905,700 Sole 901,300 4,400 Spectrum Control Com 847615101 1,367,463 91,225 Sole 0 91,225 Sprint Nextel Com 852061100 28,764,366 6,800,086 Sole 4,992,600 1,807,486 Time Warner Cable Inc. Com 88732J207 3,929,511 59,511 Sole 0 59,511 Time Warner Inc. Com 887317303 20,042,230 623,010 Sole 307,725 315,285 Tollgrade Communications Com 889542106 428,903 46,218 Sole 0 46,218 Trimeris Inc. Com 896263100 26,814 10,900 Sole 10,900 0 US Bancorp Com 902973304 22,105,501 819,633 Sole 383,600 436,033 Wal-Mart Stores Com 931142103 5,872,739 108,896 Sole 975 107,921 Walt Disney Co. Com 254687106 5,312,353 141,625 Sole 0 141,625 Washington Post Co. Com 939640108 7,867,050 17,900 Sole 17,900 0 Wells Fargo & Co Com 949746101 210,732 6,800 Sole 0 6,800 Winn-Dixie Stores Com 974280307 5,361,493 746,726 Sole 637,581 109,145 WSFS Financial Com 929328102 4,371,148 92,141 Sole 0 92,141