Fir Tree

Fir Tree as of Sept. 30, 2011

Portfolio Holdings for Fir Tree

Fir Tree holds 60 positions in its portfolio as reported in the September 2011 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Equinix 7.8 $350M 3.9M 88.83
Williams Companies (WMB) 7.0 $317M 13M 24.34
Cisco Systems (CSCO) 6.7 $302M 20M 15.50
Citigroup (C) 6.3 $282M 11M 25.62
CVS Caremark Corporation (CVS) 5.4 $244M 7.3M 33.59
Microsoft Corporation (MSFT) 4.8 $217M 8.7M 24.89
Pfizer (PFE) 4.8 $214M 12M 17.68
JPMorgan Chase & Co. (JPM) 4.5 $201M 6.7M 30.12
Express Scripts 4.3 $192M 5.2M 37.07
Time Warner 4.2 $187M 6.2M 29.97
General Motors Company (GM) 3.6 $161M 8.0M 20.18
News Corporation 3.5 $159M 10M 15.48
WellPoint 3.3 $149M 2.3M 65.28
Xerox Corporation 3.0 $137M 20M 6.97
Anheuser-Busch InBev NV (BUD) 2.7 $122M 2.3M 52.98
CIGNA Corporation 2.6 $118M 2.8M 41.94
Google 2.5 $115M 223k 515.04
Bank of America Corporation (BAC) 2.5 $111M 18M 6.12
El Paso Corporation 2.2 $99M 5.7M 17.48
Activision Blizzard 1.7 $75M 6.3M 11.90
UnitedHealth (UNH) 1.6 $73M 1.6M 46.12
Medco Health Solutions 1.4 $63M 1.3M 46.89
Sanofi-Aventis SA (SNY) 1.4 $62M 1.9M 32.80
Motorola Solutions (MSI) 1.1 $50M 1.2M 41.90
Hewlett-Packard Company 1.0 $46M 2.1M 22.45
Mgic Invt Corp Wis note 5.000% 5/0 1.0 $45M 80M 0.57
CB Richard Ellis 1.0 $44M 3.3M 13.46
Crown Holdings (CCK) 0.9 $43M 1.4M 30.61
Retail Opportunity Investments (ROIC) 0.8 $35M 3.2M 11.08
News Corporation 0.7 $33M 2.1M 15.60
MGM Resorts International. (MGM) 0.7 $31M 3.3M 9.29
WABCO Holdings 0.7 $31M 813k 37.86
EMC Corporation 0.6 $26M 1.2M 20.99
iStar Financial 0.5 $24M 4.1M 5.82
Chinacast Education Corporation (CAST) 0.5 $24M 6.5M 3.69
Hampton Roads Bankshares Inc C 0.3 $16M 3.3M 4.70
Global Eagle Acquisition Cor 0.3 $15M 1.6M 9.50
Oracle Corporation (ORCL) 0.2 $10M 350k 28.74
Rock-Tenn Company 0.2 $9.7M 199k 48.68
Sanofi Aventis Wi Conval Rt 0.2 $9.5M 9.0M 1.06
PennyMac Mortgage Investment Trust (PMT) 0.2 $8.7M 547k 15.90
Rite Aid Corporation 0.2 $7.5M 7.7M 0.98
Packaging Corporation of America (PKG) 0.1 $6.9M 296k 23.30
Blue Wolf Mongolia Holdings 0.1 $5.4M 560k 9.65
Universal Business Pmt Sol A 0.1 $5.5M 960k 5.75
MGIC Investment (MTG) 0.1 $5.2M 2.8M 1.87
Prime Acquisition Corp 0.1 $3.4M 360k 9.50
China Growth Equity Inv 0.1 $3.6M 375k 9.50
Retail Opportunity Invts Cor *w exp 10/23/201 0.1 $2.9M 4.4M 0.67
Cazador Acquisition Corporat 0.1 $2.7M 280k 9.69
Clear Channel Outdoor Holdings 0.1 $2.5M 264k 9.36
Radian (RDN) 0.0 $1.9M 868k 2.19
Millennium India Acquisition Company (MILC) 0.0 $1.1M 1.4M 0.80
Global Eagle Acquisition Cor *w exp 05/13/201 0.0 $977k 1.6M 0.62
Pmi Group 0.0 $354k 1.8M 0.20
Universal Business Pmt Sol A *w exp 05/09/201 0.0 $259k 960k 0.27
Blue Wolf Mongolia Holdings *w exp 07/20/201 0.0 $381k 560k 0.68
Cazador Acquisition Corporat *w exp 99/99/999 0.0 $84k 280k 0.30
Prime Acquisition Corp *w exp 99/99/999 0.0 $166k 360k 0.46
China Growth Equity Inv Ltd *w exp 99/99/999 0.0 $188k 375k 0.50