13F-HR 1 green4.txt GREENLIGHT CAPITAL 13F 4 Q 2007 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, 2007 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: Greenlight Capital, Inc. Address: 140 East 45th Street 24th Floor New York, New York 10017 13F File Number: 28-7484 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: Daniel Roitman Title: Chief Operating Officer Phone: 212.973.1900 Signature, Place, and Date of Signing: Daniel Roitman New York, New York February 14, 2008 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 Form13F Information Table Entry Total: 54 Form13F Information Table Value Total: $2,858,410 (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. 13F File Number Name 1 28- DME Advisors, L.P. 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 ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- AMERIPRISE FINL INC COM 03076C106 269987 4899061 SH SOLE 4899061 AMERIPRISE FINL INC COM 03076C106 38274 694500 SH SOLE 1 694500 BEAR STEARNS COS INC COM 073902958 93051 1054400 SH PUT SOLE 1054400 BEAR STEARNS COS INC COM 073902958 12849 145600 SH PUT SOLE 1 145600 BEAZER HOMES USA INC NOTE 4.625% 6/1 07556QAL9 2592 3650400 PRN SOLE 3650400 BEAZER HOMES USA INC NOTE 4.625% 6/1 07556QAL9 365 514600 PRN SOLE 1 514600 BIOFUEL ENERGY CORP COM 09064Y109 42845 6094661 SH SOLE 6094661 BIOFUEL ENERGY CORP COM 09064Y109 10176 1447443 SH SOLE 1 1447443 COVIDIEN LTD COM G2552X108 131975 2979800 SH SOLE 2979800 COVIDIEN LTD COM G2552X108 18611 420200 SH SOLE 1 420200 DISCOVER FINL SVCS COM 254709108 36165 2398198 SH SOLE 2398198 DISCOVER FINL SVCS COM 254709108 5138 340702 SH SOLE 1 340702 EINSTEIN NOAH REST GROUP INC COM 28257U104 181200 9983469 SH SOLE 9983469 EINSTEIN NOAH REST GROUP INC COM 28257U104 13613 750000 SH SOLE 1 750000 EMPLOYERS HOLDINGS INC COM 292218104 36598 2190200 SH SOLE 2190200 EMPLOYERS HOLDINGS INC COM 292218104 2253 134800 SH SOLE 1 134800 FLAMEL TECHNOLOGIES SA SPONSORED ADR 338488109 17081 1711510 SH SOLE 1711510 FLAMEL TECHNOLOGIES SA SPONSORED ADR 338488109 1751 175498 SH SOLE 1 175498 GOLDMAN SACHS GROUP INC COM 38141G954 37655 175100 SH PUT SOLE 175100 GOLDMAN SACHS GROUP INC COM 38141G954 5355 24900 SH PUT SOLE 1 24900 GUARANTY FINL GROUP INC COM 40108N106 14184 886500 SH SOLE 886500 GUARANTY FINL GROUP INC COM 40108N106 2017 126074 SH SOLE 1 126074 HEALTH MGMT ASSOC INC NEW CL A 421933102 50772 8490239 SH SOLE 8490239 HEALTH MGMT ASSOC INC NEW CL A 421933102 7234 1209761 SH SOLE 1 1209761 HELIX ENERGY SOLUTIONS GRP I COM 42330P107 328856 7924253 SH SOLE 7924253 HELIX ENERGY SOLUTIONS GRP I COM 42330P107 49624 1195747 SH SOLE 1 1195747 M D C HLDGS INC COM 552676108 152396 4104400 SH SOLE 4104400 M D C HLDGS INC COM 552676108 12090 325600 SH SOLE 1 325600 MERCER INTL INC COM 588056101 3586 457945 SH SOLE 457945 MERCER INTL INC NOTE 8.500%10/1 588056AG6 17757 15500000 PRN SOLE 15500000 MI DEVS INC CL A SUB VTG 55304X104 131825 4730000 SH SOLE 4730000 MI DEVS INC CL A SUB VTG 55304X104 6828 245000 SH SOLE 1 245000 MICROSOFT CORP COM 594918104 295893 8311600 SH SOLE 8311600 MICROSOFT CORP COM 594918104 44087 1238400 SH SOLE 1 1238400 MICROSOFT CORP COM 594918904 43055 1209400 SH CALL SOLE 1209400 MICROSOFT CORP COM 594918904 3047 85600 SH CALL SOLE 1 85600 PHARMERICA CORP COM 71714F104 1211 87223 SH SOLE 87223 PHARMERICA CORP COM 71714F104 172 12400 SH SOLE 1 12400 SAIC INC COM 78390X101 119332 5931005 SH SOLE 5931005 SAIC INC COM 78390X101 19931 990589 SH SOLE 1 990589 SCOTTISH RE GROUP LIMITED SHS G73537410 1345 1843110 SH SOLE 1843110 SCOTTISH RE GROUP LIMITED SHS G73537410 69 94600 SH SOLE 1 94600 TARGET CORP COM 87612E106 259068 5181366 SH SOLE 5181366 TARGET CORP COM 87612E106 36804 736075 SH SOLE 1 736075 TRIPLE-S MGMT CORP CL B 896749108 22120 1094500 SH SOLE 1094500 TRIPLE-S MGMT CORP CL B 896749108 3143 155500 SH SOLE 1 155500 URS CORP NEW COM 903236107 115731 2130154 SH SOLE 2130154 URS CORP NEW COM 903236107 8653 159259 SH SOLE 1 159259 US BIOENERGY CORP COM 90342V109 22364 1909827 SH SOLE 1909827 US BIOENERGY CORP COM 90342V109 3186 272041 SH SOLE 1 272041 WALGREEN CO COM 931422109 66682 1751100 SH SOLE 1751100 WALGREEN CO COM 931422109 9478 248900 SH SOLE 1 248900 WALTER INDS INC COM 93317Q105 42325 1177995 SH SOLE 1177995 WALTER INDS INC COM 93317Q105 6011 167300 SH SOLE 1 167300