13F-HR 1 fp0000946_13fhr.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: June 30, 2009 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: T2 Partners Management, L.P. Address: 145 East 57th Street, 10th Floor New York, NY 10022 13F File Number: 28-12232 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: Glenn Tongue Title: Managing Partner Phone: 212-386-7161 Signature, Place, and Date of Signing: /s/ Glenn Tongue New York, NY August 12, 2009 Report Type (Check only one.): [X] 13F HOLDINGS REPORT. [ ] 13F NOTICE. [ ] 13F COMBINATION REPORT. FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 1 Form 13F Information Table Entry Total: 69 Form 13F Information Table Value Total: $99,159 (thousands) List of Other Included Managers: Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional managers with respect to which this report is filed, other than the manager filing this report. No. Form 13F File Number Name --- -------------------- ---- 1 028-13305 Centaur Capital Management LP

COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 ------------------------------- ---------------- --------- ---------- -------------------- ---------- -------- -------------------- VOTING AUTHORITY TITLE OF VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER -------------------- NAME OF ISSUER CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED OTHER ------------------------------- ---------------- --------- ---------- --------- ----- ---- ---------- -------- ------- ------ ----- ALLEGHANY CORPORATION COM 017175100 379 1,400 SH OTHER 1 1,400 ALLIANCEBERNSTEIN HOLDING LP COM 01881G106 336 16,700 SH OTHER 1 16,700 ANNALY MORTGAGE MANAGEMENT INC. COM 035710409 492 32,500 SH OTHER 1 32,500 CHESAPEAKE ENERGY CORPORATION COM 165167107 288 14,500 SH OTHER 1 14,500 CHIPOTLE MEXICAN GRILL, INC. COM 169656204 265 3,800 SH OTHER 1 3,800 CISCO SYSTEMS, INC. COM 17275R102 309 16,600 SH OTHER 1 16,600 COSTCO WHOLESALE CORPORATION COM 22160K105 352 7,700 SH OTHER 1 7,700 DREAMWORKS ANIMATION SKG, INC. CL A 26153C103 331 12,000 SH OTHER 1 12,000 EBAY INC. COM 278642103 339 19,800 SH OTHER 1 19,800 EMC CORPORATION COM 268648102 432 33,000 SH OTHER 1 33,000 HECKMANN CORPORATION COM 422680108 60 16,100 SH OTHER 1 16,100 LABORATORY CORP OF AMER HLDGS COM 50540R409 359 5,300 SH OTHER 1 5,300 LINN ENERGY LLC UNIT LTD LIAB 536020100 272 13,900 SH OTHER 1 13,900 MVC CAPITAL INC. COM 553829102 107 12,700 SH OTHER 1 12,700 NORTHROP GRUMMAN CORPORATION COM 666807102 352 7,700 SH OTHER 1 7,700 ODYSSEY RE HOLDINGS CORP. COM 67612W108 412 10,300 SH OTHER 1 10,300 P.F. CHANG'S CHINA BISTRO, INC. COM 69333Y108 128 4,000 SH OTHER 1 4,000 PICO HOLDINGS, INC. COM 693366205 135 4,700 SH OTHER 1 4,700 SEABRIDGE GOLD INC. COM 811916105 293 11,300 SH OTHER 1 11,300 SPDR GOLD TRUST GOLD SHS 78463V107 310 3,400 SH OTHER 1 3,400 SYNERON MEDICAL LTD. COM M87245102 123 17,000 SH OTHER 1 17,000 YAHOO! INC. COM 984332106 331 21,140 SH OTHER 1 21,140 FOOTSTAR INC. COM 344912209 56 57,514 SH 57,514 GENERAL GROWTH PROPERTIES, INC. COM 370021107 313 171,051 SH 171,051 ALTRIA GROUP, INC. COM 02209S103 475 29,000 SH 29,000 AMBASSADORS INTERNATIONAL INC COM 023178106 235 780,253 SH 780,253 AMERICAN EXPRESS CO. COM 025816109 4,462 191,981 SH 191,981 ATLAS AMERICA, INC. COM 049167109 1,572 88,000 SH 88,000 BERKSHIRE HATHAWAY INC CL A 084670108 1,170 13 SH 13 BERKSHIRE HATHAWAY INC CL B 084670207 10,549 3,643 SH 3,643 BLOCKBUSTER INC CL B 093679207 192 493,016 SH 493,016 BORDERS GROUP INC COM 099709107 4,918 1,336,348 SH 1,336,348 BROADRIDGE FINANCIAL SOLUTIONS IN COM 11133T103 879 52,985 SH 52,985 CONTANGO OIL & GAS COMPANY COM 21075N204 3,730 87,784 SH 87,784 CROSSTEX ENERGY LP COM 22765U102 1,754 563,623 SH 563,623 CROSSTEX ENERGY, INC. COM 22765Y104 3,184 763,813 SH 763,813 DELIAS INC COM 246911101 6,845 2,876,097 SH 2,876,097 EBAY INC. COM 278642103 966 56,400 SH 56,400 ECHOSTAR CORPORATION COM 278768106 2,741 171,946 SH 171,946 FANNIE MAE COMMON STOCK COM 313586109 87 150,000 SH 150,000 FIRST OF LONG ISLAND CORP COM 320734106 418 18,084 SH 18,084 GENERAL ELECTRIC CO COM 369604103 2,121 181,000 SH 181,000 GHL ACQUISITION CORP CORP WARRANT *W EXP 2/14/2013 36172H116 2,565 3,945,600 SH 3,945,600 GLG PARTNERS, INC. 7.5000 EXP12/28/2011 *W EXP 12/28/201 37929X115 28 77,500 SH 77,500 HELIX ENERGY SOLUTNS GROUP INC COM 42330P107 1,369 125,948 SH 125,948 HUNTSMAN CORPORATION COM 447011107 8,743 1,738,147 SH 1,738,147 LENNAR CORP CL B 526057302 565 74,400 SH 74,400 LIBERTY ACQUISITION HOLDINGS COM 53015Y107 26 2,800 SH 2,800 LIBERTY ACQUISITION HOLDINGS *W EXP 12/12/201 53015Y115 484 1,195,953 SH 1,195,953 MICROSOFT CORPORATION COM 594918104 297 12,494 SH 12,494 MONTEREY GOURMET FOODS CO COM 612570101 24 14,274 SH 14,274 ODYSSEY RE HOLDINGS CORP. COM 67612W108 455 11,367 SH 11,367 PFIZER INC. COM 717081103 5,369 357,900 SH 357,900 PREMIER EXHIBITIONS, INC COM 74051E102 11 16,000 SH 16,000 PROLIANCE INTL INC COM 74340R104 2 208,181 SH 208,181 RESOURCE AMERICA INC CL A 761195205 6,156 1,144,284 SH 1,144,284 SUMMER INFANT INC COM 865646103 238 99,500 SH 99,500 SUN MICROSYSTEMS, INC. COM 866810203 277 30,000 SH 30,000 TARGET CORPORATION COM 87612E106 217 5,492 SH 5,492 HICKS ACQUISITION CO *W EXP 9/28/201 429086127 78 1,298,390 SH 1,298,390 TRAVELCENTERS OF AMERICA LLC COM 894174101 661 300,764 SH 300,764 TRIAN ACQUISITION I CORP *W EXP 2/14/2013 89582E116 221 953,944 SH 953,944 WELLS FARGO & CO (NEW) COM 949746101 3,372 139,010 SH 139,010 WENDY'S/ARBY'S GROUP, INC. CL A 950587105 3,778 944,598 SH 944,598 WESCO FINANCIAL CORP. COM 950817106 1,576 5,415 SH 5,415 WEYCO GROUP INC COM 962149100 1,432 61,997 SH 61,997 WINN-DIXIE STORES, INC. CLASS COM 974280307 4,552 363,008 SH 363,008 WINTHROP REALTY TRUST SH BEN INT 976391300 405 45,358 SH 45,358 YAHOO! INC COM 984332106 3,186 203,502 SH 203,502