13F-HR 1 firtre10.txt FIR TREE INC 13F 1Q 2010 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: Fir Tree Inc. Address: 505 Fifth Avenue 23rd Floor New York, New York 10017 13F File Number: 28-06884 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: Jeffrey D. Tannenbaum Title: President Phone: 212.599.0090 Signature, Place, and Date of Signing: Jeffrey D. Tannenbaum New York, New York May 17, 2010 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: 0 Form13F Information Table Entry Total: 55 Form13F Information Table Value Total: $1,955,995 (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. NONE FORM 13F INFORMATION TABLE VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- ACTIVISION BLIZZARD INC COM 00507V109 46672 3870000 SH SOLE 3870000 AES CORP COM 00130H105 55000 5000000 SH CALL SOLE 5000000 AES CORP COM 00130H105 193790 17617272 SH SOLE 17617272 AMBAC FINL GROUP INC COM 023139108 519 932570 SH SOLE 932570 ASSURED GUARANTY LTD COM G0585R106 48571 2210800 SH SOLE 2210800 ASSURED GUARANTY LTD COM G0585R106 32955 1500000 SH CALL SOLE 1500000 BARRICK GOLD CORP COM 067901108 22544 588000 SH SOLE 588000 CB RICHARD ELLIS GROUP INC CL A 12497T101 57060 3600000 SH SOLE 3600000 CHESAPEAKE LODGING TR SH BEN INT 165240102 4868 250000 SH SOLE 250000 CHINACAST EDU CORP COM 16946T109 44091 6031556 SH SOLE 6031556 CIT GROUP INC COM NEW 125581801 5635 144623 SH SOLE 144623 CLEAR CHANNEL OUTDOOR HLDGS CL A 18451C109 17906 1687667 SH SOLE 1687667 COCA COLA ENTERPRISES INC COM 191219104 20054 725000 SH SOLE 725000 FEDERAL NATL MTG ASSN COM 313586109 11529 10980000 SH SOLE 10980000 GREAT PLAINS ENERGY INC UNIT 06/15/2042 391164803 50027 789000 SH SOLE 789000 GREAT PLAINS ENERGY INC COM 391164100 39963 2152000 SH SOLE 2152000 INTUIT COM 461202103 46989 1369138 SH SOLE 1369138 KROGER CO COM 501044101 43710 2018000 SH SOLE 2018000 KROGER CO COM 501044101 32490 1500000 SH CALL SOLE 1500000 LEAR CORP COM NEW 521865204 29797 375510 SH SOLE 375510 LIBERTY ACQUISITION HLDGS CO *W EXP 12/12/201 53015Y115 252 285000 SH SOLE 285000 LIBERTY ACQUISITION HLDGS CO COM 53015Y107 52985 5357400 SH SOLE 5357400 LIBERTY MEDIA CORP NEW LIB STAR COM A 53071M708 72709 1329726 SH SOLE 1329726 LIBERTY MEDIA CORP NEW LIB STAR COM A 53071M708 3751 68600 SH CALL SOLE 68600 MBIA INC COM 55262C100 7524 1200000 SH SOLE 1200000 MGIC INVT CORP WIS COM 552848103 14594 1330400 SH SOLE 1330400 MGM MIRAGE COM 552953101 12536 1044700 SH CALL SOLE 1044700 MGM MIRAGE COM 552953101 1200 100000 SH PUT SOLE 100000 MGM MIRAGE COM 552953101 54000 4500000 SH SOLE 4500000 MILLENNIUM INDIA ACQS COM IN *W EXP 07/19/201 60039Q119 10 480500 SH SOLE 480500 MILLENNIUM INDIA ACQS COM IN COM 60039Q101 2057 1246800 SH SOLE 1246800 MOODYS CORP COM 615369105 74863 2516409 SH SOLE 2516409 NAVIOS MARITIME ACQUIS CORP SHS Y62159101 17766 1800000 SH SOLE 1800000 NAVIOS MARITIME ACQUIS CORP *W EXP 06/25/201 Y62159119 306 509600 SH SOLE 509600 NCR CORP NEW COM 62886E108 46859 3395560 SH SOLE 3395560 NEWMONT MINING CORP COM 651639106 24727 485500 SH SOLE 485500 NORTH ASIA INVESTMENT CORP COM G66202105 3032 306250 SH SOLE 306250 NORTH ASIA INVESTMENT CORP *W EXP 07/23/201 G66202113 83 306250 SH SOLE 306250 ORACLE CORP COM 68389X105 87458 3401700 SH SOLE 3401700 PENNYMAC MTG INVT TR COM 70931T103 6028 362903 SH SOLE 362903 PFIZER INC COM 717081103 77149 4498500 SH SOLE 4498500 PMI GROUP INC COM 69344M101 28387 5237500 SH SOLE 5237500 PROSHARES TR PSHS REAL ESTAT 74347R552 36240 6000000 SH CALL SOLE 6000000 PROSHARES TR PSHS REAL ESTAT 74347R552 3926 650000 SH SOLE 650000 QUALCOMM INC COM 747525103 127537 3039500 SH SOLE 3039500 QUALCOMM INC COM 747525103 167840 4000000 SH CALL SOLE 4000000 RADIAN GROUP INC COM 750236101 5494 351300 SH SOLE 351300 RESOLUTE ENERGY CORP *W EXP 09/25/201 76116A116 620 250000 SH SOLE 250000 RETAIL OPPORTUNITY INVTS COR COM 76131N101 31878 3150000 SH SOLE 3150000 RETAIL OPPORTUNITY INVTS COR *W EXP 10/23/201 76131N119 4481 4350000 SH SOLE 4350000 RITE AID CORP COM 767754104 3794 2529598 SH SOLE 2529598 SAFEWAY INC COM NEW 786514208 37290 1500000 SH CALL SOLE 1500000 TIME WARNER INC COM NEW 887317303 44435 1421000 SH SOLE 1421000 VIACOM INC NEW CL B 92553P201 32295 939350 SH SOLE 939350 VIRGIN MEDIA INC NOTE 6.500%11/1 92769LAB7 67719 55000000 PRN SOLE 55000000