13F-HR 1 perry_13f-021006.txt FORM 13F ----------------------------------- OMB APPROVAL ----------------------------------- ----------------------------------- OMB Number: 3235-0006 Expires: December 31, 2006 Estimated average burden hours per response........22.8 ----------------------------------- 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, 2005 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: Perry Corp. 767 Fifth Avenue New York, NY 10153 Form 13F File Number: 028-4106 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: Richard C. Perry Title: President Phone: 212-583-4000 Signature, Place, and Date of Signing: /s/ Richard C. Perry New York, NY February 13, 2006 -------------------- -------------------- --------------------------- [Signature] [City, State] [Date] Report Type (Check only one.):- [ ] 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).) [X] 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).) Form 13F Summary Page Report Summary: Number of Other Included Managers: 1 ------------------ Form 13F Information Table Entry Total: 199 ------------------ Form 13F Information Table Value Total: $7,471,862 ------------------ (thousands) List of Other Included Managers: Provide a numbered list of the name(s) and Form 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. Name ----------- ------------------- 1. Richard C. Perry.
Investment Discretion Voting Authority Title Fair Shares or of Class Cusip Market Principal SH/ Put/ Shared Shared Other Issuer Number Value Amount PRN Call Sole Defined Other Mgrs Sole Shared None (in thousands) --------------------- ------- --------- --------- ---------- --- --- ---- ----- ------ --- -- --------- -- 1-800 Contacts Inc COM 681977104 18,077 1,545,000 SH Shared 1 0 1,545,000 0 Aames Investment Corp COM 00253G108 5,360 829,775 SH Shared 1 0 829,775 0 ABX Air Inc. COM 00080S101 19,032 2,424,400 SH Shared 1 0 2,424,400 0 Accredited Home COM 00437P107 79,280 1,600,000 SH Shared 1 0 1,600,000 0 Lenders Advance America Cash COM 00739W107 29,760 2,400,000 SH Shared 1 0 2,400,000 0 Advance Centers Inc Affordable COM 008273104 37,753 3,961,500 SH Shared 1 0 3,961,500 0 Residential Cmtys Agile Software Corp. COM 00846X105 6,956 1,159,300 SH Shared 1 0 1,159,300 0 Allegheny Energy Inc. COM 017361106 63,300 2,000,000 SH Shared 1 0 2,000,000 0 Allegheny COM 01741R102 180,400 5,000,000 SH Shared 1 0 5,000,000 0 Technologies Inc. Allied Healthcare COM 01923A109 7,982 1,300,000 SH Shared 1 0 1,300,000 0 International Inc. Allstate Corp COM 020002101 5,407 100,000 SH Shared 1 0 100,000 0 Amdocs Ltd. ORD G02602103 2,063 75,000 SH Shared 1 0 75,000 0 Amedisys COM 023436108 113,240 2,798,500 SH PUT Shared 1 0 2,798,500 0 American Express Co COM 025816109 3,172 61,637 SH Shared 1 0 61,637 0 American Intl Group COM 026874107 32,972 483,252 SH Shared 1 0 483,252 0 Inc. Ameriprise Finl Inc COM 03076C106 505 12,327 SH Shared 1 0 12,327 0 Ameritrade Holding COM 03074K100 20,440 851,329 SH Shared 1 0 851,329 0 Corp. Amylin Pharmaceuticals COM 032346108 8,750 250,000 SH PUT Shared 1 0 250,000 0 Aquila Inc COM 03840P102 44,036 12,232,100 SH Shared 1 0 12,232,100 0 Aracruz Celulose SA SPON 038496204 24,738 618,300 SH Shared 1 0 618,300 0 ADR PFD B Arena Pharmaceuticals COM 040047102 5,003 353,100 SH Shared 1 0 353,100 0 Inc. Aspen Insurance COM G05384105 35,978 1,520,000 SH Shared 1 0 1,520,000 0 Holdings Ltd. Aspen Technology Inc. COM 045327103 13,897 1,770,377 SH Shared 1 0 1,770,377 0 Atmel Corp COM 049513104 39,022 12,710,600 SH Shared 1 0 12,710,600 0 Bed Bath & Beyond COM 075896100 7,230 200,000 SH Shared 1 0 200,000 0 Bio-Imaging COM 09056N103 5,013 1,571,410 SH Shared 1 0 1,571,410 0 Technologies Inc. Borg-warner Inc COM 099724106 12,725 209,873 SH Shared 1 0 209,873 0 British Petroleum PLC SPON 055622104 12,646 196,914 SH Shared 1 0 196,914 0 ADR PFD B Burlington Northern COM 12189T104 5,602 79,100 SH Shared 1 0 79,100 0 Santa Fe Corp Carpenter Technology COM 144285103 42,183 598,600 SH Shared 1 0 598,600 0 Caterpillar Inc. COM 149123101 24,552 425,000 SH Shared 1 0 425,000 0 Central European Dist COM 153435102 48,887 1,282,000 SH Shared 1 0 1,282,000 0 Corp Ceres Group Inc. COM 156772105 14,428 2,796,073 SH Shared 1 0 2,796,073 0 Chemed Corp COM 16359R103 52,542 1,057,600 SH Shared 1 0 1,057,600 0 Chemtura Corp COM 163893100 25,400 2,000,000 SH Shared 1 0 2,000,000 0 Cheniere Energy Inc. COM 16411R208 99,290 2,667,658 SH Shared 1 0 2,667,658 0 Cholestech Corp. COM 170393102 2,877 290,000 SH Shared 1 0 290,000 0 Circuit City Stores COM 172737108 49,858 2,207,100 SH Shared 1 0 2,207,100 0 Cisco Systems COM 17275R102 10,470 613,000 SH Shared 1 0 613,000 0 Citigroup COM 172967101 254 5,232 SH Shared 1 0 5,232 0 CKX INC COM 12562M106 40,088 3,086,100 SH Shared 1 0 3,086,100 0 Clear Channel COM 184502102 60,000 2,000,000 SH CALL Shared 1 0 2,000,000 0 Communications Clear Channel COM 184502102 72,026 2,290,189 SH Shared 1 0 2,290,189 0 Communications CMS Energy Corp COM 125896100 4,749 327,300 SH Shared 1 0 327,300 0 Cognos Inc. COM 19244C109 3,433 98,914 SH Shared 1 0 98,914 0 Coldwater Creek Inc. COM 193068103 4,042 132,300 SH Shared 1 0 132,300 0 Columbia Labs COM 197779101 17,819 3,832,000 SH Shared 1 0 3,832,000 0 Comcast Corp CL A 20030N200 211,300 8,225,000 SH Shared 1 0 8,225,000 0 SPL Companhia Siderurgica SPON 20440W105 25,680 1,200,000 SH Shared 1 0 1,200,000 0 ADR Nacion Conoco Phillips COM 20825C104 37,817 650,000 SH Shared 1 0 650,000 0 Constellation Energy COM 210371100 150,376 2,610,700 SH Shared 1 0 2,610,700 0 Group I Cooper Cameron Corp COM 216640102 862 20,818 SH Shared 1 0 20,818 0 Costco Wholesale COM 22160K105 104,318 2,111,273 SH Shared 1 0 2,111,273 0 Countrywide Financial COM 222372104 168,381 4,924,874 SH Shared 1 0 4,924,874 0 Corp Countrywide Financial COM 222372104 60,700 1,770,000 SH CALL Shared 1 0 1,770,000 0 Corp Covansys Corp. COM 22281W103 14,774 1,085,509 SH Shared 1 0 1,085,509 0 CSG Systems COM 126349109 9,593 430,000 SH Shared 1 0 430,000 0 International Dealertrack Holdings COM 242309102 2,095 100,000 SH Shared 1 0 100,000 0 Inc Delta Petroleum Corp COM 247907207 3,263 150,000 SH Shared 1 0 150,000 0 Dendrite COM 248239105 7,205 500,000 SH Shared 1 0 500,000 0 International Inc. Devon Energy Corp. COM 25179M103 18,762 300,000 SH Shared 1 0 300,000 0 Diamonds Trust Series UNIT 252787106 86,842 811,986 SH Shared 1 0 811,986 0 I SER I Digirad Corporation COM 253827109 9,454 2,351,737 SH Shared 1 0 2,351,737 0 Digital River Inc COM 25388B104 19,602 660,000 SH Shared 1 0 660,000 0 Dobson Communications COM 256069105 38,103 5,094,000 SH Shared 1 0 5,094,000 0 Corp Double Hull Tankers COM Y21110104 23,659 1,796,400 SH Shared 1 0 1,796,400 0 Inc Ebay COM 278642103 82,517 1,908,800 SH Shared 1 0 1,908,800 0 Electronic Arts COM 285512109 51,000 800,000 SH PUT Shared 1 0 800,000 0 Emdeon Corp COM 290849108 90,202 10,649,572 SH Shared 1 0 10,649,572 0 Emdeon Corp COM 290849108 23,750 2,375,000 SH CALL Shared 1 0 2,375,000 0 Endurance Specialty COM G30397106 248,045 7,132,944 SH Shared 1 0 7,132,944 0 Holdings Entercom COM 293639100 26,807 903,500 SH Shared 1 0 903,500 0 Communications Corp EOG Resources COM 26875P101 33,017 450,000 SH Shared 1 0 450,000 0 Exelon Corp. COM 30161N101 5,314 100,000 SH Shared 1 0 100,000 0 Express Scripts Inc COM 302182100 9,633 148,200 SH PUT Shared 1 0 148,200 0 Fidelity National COM 316326107 76,887 2,089,900 SH Shared 1 0 2,089,900 0 Financial Inc. Fidelity National CL A 31620R105 1,418 58,244 SH Shared 1 0 58,244 0 Title Group Fisher Scientific COM 338032204 29,470 476,400 SH Shared 1 0 476,400 0 International Fisher Scientific COM 338032204 15,000 250,000 SH CALL Shared 1 0 250,000 0 International Fleetwood Enterprises COM 339099103 55,884 4,525,000 SH Shared 1 0 4,525,000 0 Foundation Coal COM 35039W100 15,200 400,000 SH Shared 1 0 400,000 0 Holdings Inc Foundry Networks Inc. COM 35063R100 2,762 200,000 SH Shared 1 0 200,000 0 FPL Group Inc. COM 302571104 6,641 159,789 SH Shared 1 0 159,789 0 Franklin Resources COM 354613101 4,500 50,000 SH PUT Shared 1 0 50,000 0 Inc. General Dynamics COM 369550108 45,426 398,297 SH Shared 1 0 398,297 0 Gentiva Health COM 37247A102 10,390 705,867 SH Shared 1 0 705,867 0 Services Georgia Gulf Corp COM 373200203 9,126 300,000 SH Shared 1 0 300,000 0 Goldman Sachs Group COM 38141G104 18,000 150,000 SH PUT Shared 1 0 150,000 0 Inc. Google Inc. COM 38259P508 30,000 100,000 SH PUT Shared 1 0 100,000 0 Grace W R & Co COM 38388F108 9,400 1,000,000 SH Shared 1 0 1,000,000 0 GSI Commerce Inc. COM 36238G102 2,745 182,300 SH Shared 1 0 182,300 0 Harbor Global COM G4285W100 5,017 557,389 SH Shared 1 0 557,389 0 Hayes Lemmerz Intl Inc COM 420781304 8,852 2,514,800 SH Shared 1 0 2,514,800 0 Healthtronics Inc COM 42222L107 9,754 1,275,000 SH Shared 1 0 1,275,000 0 Hewitt Associates Inc COM 42822Q100 1,961 70,000 SH Shared 1 0 70,000 0 Hexcel Corp COM 428291108 32,039 1,775,000 SH Shared 1 0 1,775,000 0 Hilton Hotels Corp COM 432848109 57,864 2,400,000 SH Shared 1 0 2,400,000 0 Hollinger COM 435569108 17,920 2,000,000 SH Shared 1 0 2,000,000 0 International Inc. Holly Energy Partners COM 435763107 12,782 346,500 SH Shared 1 0 346,500 0 Hudson Highland Group COM 443792106 39,162 2,255,876 SH Shared 1 0 2,255,876 0 Hypercom Corp COM 44913M105 23,111 3,616,700 SH Shared 1 0 3,616,700 0 Integrated Device COM 458118106 118,589 9,004,500 SH Shared 1 0 9,004,500 0 Technology Inverness Medical COM 46126P106 10,959 462,226 SH Shared 1 0 462,226 0 Invitrogen Corp COM 46185R100 224,910 3,375,000 SH Shared 1 0 3,375,000 0 IPC Holdings Ltd. ORD G4933P101 13,690 500,000 SH Shared 1 0 500,000 0 Ishares Russell 2000 RUSSELL 464287655 199,500 3,000,000 SH PUT Shared 1 0 3,000,000 0 2000 I-trax Inc. COM 45069D203 3,873 1,889,500 SH Shared 1 0 1,889,500 0 Johnson & Johnson COM 478160104 87,831 1,461,412 SH Shared 1 0 1,461,412 0 Kindred Healthcare Inc COM 494580103 15,956 619,400 SH Shared 1 0 619,400 0 Lehman Brothers COM 524908100 17,250 150,000 SH PUT Shared 1 0 150,000 0 Holdings Inc. Lionbridge COM 536252109 8,692 1,240,000 SH Shared 1 0 1,240,000 0 Technologies Lyondell Chemical Co. COM 552078107 10,145 425,900 SH Shared 1 0 425,900 0 Magma Design COM 559181102 11,289 1,340,700 SH Shared 1 0 1,340,700 0 Automation Magna Entertainment CL A 559211107 15,908 2,228,000 SH Shared 1 0 2,228,000 0 Corp Management Network COM 561693102 779 330,200 SH Shared 1 0 330,200 0 Group Inc. Mapinfo Corp COM 565105103 1,450 115,000 SH Shared 1 0 115,000 0 Marchex Inc. COM 56624R108 686 30,500 SH PUT Shared 1 0 30,500 0 Matrixone Inc COM 57685P304 208 42,000 SH Shared 1 0 42,000 0 Mercury Interactive COM 589405109 81,016 2,915,300 SH Shared 1 0 2,915,300 0 Corp MI Developments CL A 55304X104 23,203 674,500 SH Shared 1 0 674,500 0 SUB VTG Microsoft Corp COM 594918104 13,026 498,899 SH Shared 1 0 498,899 0 Monogram Biosciences COM 60975U108 44,787 24,474,000 SH Shared 1 0 24,474,000 0 Inc Moody's Corp COM 615369105 125,475 2,735,900 SH PUT Shared 1 0 2,735,900 0 Mosaic Co. COM 61945A107 2,764 188,900 SH Shared 1 0 188,900 0 MSC. Software COM 553531104 23,734 1,396,100 SH Shared 1 0 1,396,100 0 Corporation M-Systems Flash Disk ORD M7061C100 15,737 475,000 SH Shared 1 0 475,000 0 Pioneer Nasdaq 100 TR UNIT 631100104 81,890 2,155,000 SH PUT Shared 1 0 2,155,000 0 SER 1 Nations Health *W EXP 63860C118 1,136 400,000 SH Shared 1 0 400,000 0 08/24/ 2007 Nations Health COM 63860C100 1,523 195,000 SH Shared 1 0 195,000 0 New Century Financial COM 6435EV108 18,738 519,498 SH Shared 1 0 519,498 0 Corp News Corp CL A 65248E104 380,184 24,449,100 SH Shared 1 0 24,449,100 0 News Corp CL B 65248E203 50,843 3,061,000 SH Shared 1 0 3,061,000 0 Nextel Partners Inc. COM 65333F107 9,785 350,200 SH Shared 1 0 350,200 0 Nike Inc. COM 654106103 14,138 162,900 SH Shared 1 0 162,900 0 NRG Energy Inc. COM 629377508 23,560 500,000 SH Shared 1 0 500,000 0 NTL Inc. COM 62940M104 52,360 770,000 SH Shared 1 0 770,000 0 NTL Inc. *W EXP 62940M138 10 17,349 SH Shared 1 0 17,349 0 01/13/ 2011 NVR Inc. COM 62944T105 26,536 37,800 SH Shared 1 0 37,800 0 Ocwen Financial Corp COM 675746101 31,661 3,639,200 SH Shared 1 0 3,639,200 0 Office Depot COM 676220106 121,289 3,862,700 SH Shared 1 0 3,862,700 0 Omnicell Inc COM 68213N109 31,890 2,677,609 SH Shared 1 0 2,677,609 0 Orient-Express Hotels CL A G67743107 44,128 1,400,000 SH Shared 1 0 1,400,000 0 LTD Origen Financial Inc. COM 68619E208 3,981 560,699 SH Shared 1 0 560,699 0 Parexel International COM 699462107 53,877 2,663,230 SH Shared 1 0 2,663,230 0 Paxar Corp. COM 704227107 16,686 850,000 SH Shared 1 0 850,000 0 PDI Inc. COM 69329V100 19,473 1,450,000 SH Shared 1 0 1,450,000 0 Pegasystems Inc COM 705573103 11,767 1,620,787 SH Shared 1 0 1,620,787 0 Plains Exploration & COM 726505100 12,737 320,600 SH Shared 1 0 320,600 0 Product Co. Platinum Underwriters COM G7127P100 125,704 4,045,834 SH Shared 1 0 4,045,834 0 Holdgs Powerdsine Ltd COM M41415106 1,941 283,000 SH Shared 1 0 283,000 0 Price T Rowe Group COM 74144T108 8,750 125,000 SH PUT Shared 1 0 125,000 0 Inc. Procter & Gamble COM 742718109 44,105 762,000 SH Shared 1 0 762,000 0 PXRE Group LTD COM G73018106 29,417 2,269,799 SH Shared 1 0 2,269,799 0 Questar Corp COM 748356102 37,850 500,000 SH Shared 1 0 500,000 0 Range Resources Corp COM 75281A109 26,340 1,000,000 SH Shared 1 0 1,000,000 0 Ryerson Tull Inc. COM 78375P107 9,456 388,800 SH Shared 1 0 388,800 0 Salomon Brothers Fund COM 795477108 754 50,000 SH Shared 1 0 50,000 0 Inc Scottish Re Group COM G7885T104 12,030 490,000 SH Shared 1 0 490,000 0 Limited Sea Container Ltd. CL A 811371707 4,138 330,000 SH Shared 1 0 330,000 0 Sears Holdings Corp COM 812350106 311,734 2,692,000 SH Shared 1 0 2,692,000 0 Sigma Designs inc. COM 826565103 307 20,000 SH Shared 1 0 20,000 0 Sina Corp COM G81477104 13,541 560,000 SH Shared 1 0 560,000 0 SK Telecom SPON- 78440P108 32,178 1,585,900 SH Shared 1 0 1,585,900 0 SORED ADR Sonicwall Inc. COM 835470105 6,533 828,000 SH Shared 1 0 828,000 0 Southwest Airlines Co. COM 844741108 33,545 2,041,700 SH Shared 1 0 2,041,700 0 Specialty COM 84751T309 679 110,000 SH Shared 1 0 110,000 0 Underwriters' Alliance Sprint Nextel Corp COM 852061100 159,903 6,845,155 SH Shared 1 0 6,845,155 0 Staples COM 855030102 4,538 200,000 SH Shared 1 0 200,000 0 Sunterra Corp. COM 86787D208 10,762 756,840 SH Shared 1 0 756,840 0 Symantec Corp COM 871503108 52,500 3,000,000 SH Shared 1 0 3,000,000 0 Symmetry Medical Inc. COM 871546206 32,963 1,700,000 SH Shared 1 0 1,700,000 0 Synaptics Inc. COM 87157D109 247 10,000 SH Shared 1 0 10,000 0 Terra Industries Inc. COM 880915103 24,870 4,441,142 SH Shared 1 0 4,441,142 0 Time Warner Inc. COM 887317105 4,105 235,400 SH Shared 1 0 235,400 0 Torchmark Corp. COM 891027104 5,076 91,300 SH Shared 1 0 91,300 0 Trident Microsystems COM 895919108 9,944 554,000 SH Shared 1 0 554,000 0 Trimeris Inc. COM 896263100 18,281 1,596,600 SH Shared 1 0 1,596,600 0 TRM Corporation COM 872636105 6,233 883,436 SH Shared 1 0 883,436 0 Union Pacific COM 907818108 33,616 417,536 SH Shared 1 0 417,536 0 Unisource Energy Corp. COM 909205106 6,706 214,940 SH Shared 1 0 214,940 0 United States Steel COM 912909108 28,842 600,000 SH Shared 1 0 600,000 0 Corp. Universal American COM 913377107 40,419 2,675,000 SH Shared 1 0 2,675,000 0 Financial Corp. Urban Outfitters Inc. COM 917047102 43,010 1,700,000 SH Shared 1 0 1,700,000 0 Valeant COM 91911X104 85,424 4,724,800 SH Shared 1 0 4,724,800 0 Pharmaceuticals Intl. Valeant NOTE 91911XAB0 39,109 46,000,000 PRN Shared 1 0 46,000,000 0 3.00% Pharmaceuticals Intl. 08/16/ 10 Valeant NOTE 91911XAD6 13,613 16,000,000 PRN Shared 1 0 16,000,000 0 4.00% Pharmaceuticals Intl. 11/15/ 13 Valeant COM 91911X104 12,436 621,800 SH CALL Shared 1 0 621,800 0 Pharmaceuticals Intl. Vasco Data Sec Int'l COM 92230Y104 6,629 675,000 SH Shared 1 0 675,000 0 Inc Verisign Inc. COM 92343E102 58,008 2,650,000 SH Shared 1 0 2,650,000 0 Vistacare Inc. CL A 92839Y109 35,369 2,831,746 SH Shared 1 0 2,831,746 0 Walt Disney Co COM 254687106 15,000 500,000 SH PUT Shared 1 0 500,000 0 WebMD Health Corp. CL A 94770V102 2,511 86,500 SH Shared 1 0 86,500 0 Wellcare Health Plans COM 94946T106 65,965 1,614,800 SH Shared 1 0 1,614,800 0 Inc. Wellpoint Inc. COM 94973V107 199,475 2,500,000 SH Shared 1 0 2,500,000 0 Wells Fargo COM 949746101 57,065 908,240 SH Shared 1 0 908,240 0 Williams Cos Inc. COM 969457100 76,480 3,300,800 SH Shared 1 0 3,300,800 0 Williams Partners LP COM UNIT 96950F104 8,940 287,000 SH Shared 1 0 287,000 0 LP XL Capital LTD CL A G98255105 12,128 180,000 SH Shared 1 0 180,000 0 Zoll Medical Corp. COM 989922109 5,424 215,000 SH Shared 1 0 215,000 0 Total Fair Market 7,471,862 Value (in thousands)