13F-HR 1 glenview_123105-13f.txt ------------------------------ 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, DC 20549 Form 13F Form 13F COVER PAGE Report for the Calendar Year or Quarter Ended: December 31, 2004 ----------------- 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: Glenview Capital Management, LLC Address: 399 Park Avenue, 39th Floor New York, NY 10022 Form 13F File Number: 028-10134 --------- 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: Lawrence M. Robbins Title: Chief Executive Officer Phone: 212-812-4700 Signature, Place and Date of Signing: /s/ Lawrence M. Robbins New York, New York February 9, 2005 ----------------------- ------------------ ---------------- [Signature] [City, State] [Date] Report Type (Check only one): |X| 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).) |_| 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: 0 ----------------------- Form 13F Information Table Entry Total: 80 ----------------------- Form 13F Information Table Value Total: $3,756,562 ----------------------- (in 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. None GLENVIEW CAPITAL MANAGEMENT, LLC FORM 13F Quarter Ended December 31, 2004

------------------------------------------------------------------------------------------------------------------------------------ Title of Cusip Value Shrs or Sh/ Put/ Investment Other Voting Authority -------- ----- ------ -------- --- ---- ---------- ------ ---------------- Name of Issuer Class Number (x$1,000) prn amt Prn Call Discretion Managers Sole Shared None -------------- ----- ------ --------- ------- --- ---- ---------- -------- ---- ------ ---- ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ AFFILIATED CL A 008190100 $1,609 650,000 SH PUT SOLE 650,000 COMPUTER SERVICES ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ AIRGATE PCS INC COM 009367301 $42,005 1,179,929 SH SOLE 1,179,929 NEW ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ALAMOSA HLDGS INC COM 011589108 $85,075 6,822,400 SH SOLE 6,822,400 ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ALTRIA GROUP INC COM 02209S103 $1,344 22,000 SH SOLE 22,000 ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ AMERICAN TOWER CL A 029912201 $150,976 8,205,200 SH SOLE 8,205,200 CORP ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ AMERISOURCE- COM 03073E105 $126,403 2,154,100 SH SOLE 2,154,100 BERGEN CORP ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ APRIA COM 037933108 $10,587 321,300 SH SOLE 321,300 HEALTHCARE GROUP INC ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ASSURANT INC COM 04621X108 $45,571 1,491,700 SH SOLE 1,491,700 ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ BLACK & DECKER COM 091797100 $2,144 900,000 SH PUT SOLE 900,000 CORP ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ BLOCKBUSTER INC CL A 093679108 $17,745 1,860,100 SH SOLE 1,860,100 ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ BLOCKBUSTER INC CL B 093679207 $28,206 3,201,600 SH SOLE 3,201,600 ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ BRISTOL WEST COM 11037M105 $8,274 413,700 SH SOLE 413,700 HLDGS INC ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ CAREMARK RX INC COM 141705103 $35,593 902,700 SH SOLE 902,700 ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ CENDANT CORP COM 151313103 $1,816 77,700 SH SOLE 77,700 ------------------------------------------------------------------------------------------------------------------------------------

GLENVIEW CAPITAL MANAGEMENT, LLC FORM 13F Quarter Ended December 31, 2004

------------------------------------------------------------------------------------------------------------------------------------ Title of Cusip Value Shrs or Sh/ Put/ Investment Other Voting Authority -------- ----- ------ -------- --- ---- ---------- ------ ---------------- Name of Issuer Class Number (x$1,000) prn amt Prn Call Discretion Managers Sole Shared None -------------- ----- ------ --------- ------- --- ---- ---------- -------- ---- ------ ---- ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ CHARTER CL A 16117M107 $28,039 12,517,500 SH SOLE 12,517,500 COMMUNICATIONS INC ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ CIRCUIT CITY COM 172737108 $27,112 1,733,500 SH SOLE 1,733,500 STORES INC ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ CIRCUIT CITY COM 172737108 $80 576,100 SH PUT SOLE 576,100 STORES INC ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ COMPUTER ASSOC COM 204912109 $106,746 3,436,780 SH SOLE 3,436,780 INTL INC ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ CROMPTON CORP COM 227116100 $28,102 2,381,500 SH SOLE 2,381,500 ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ CROWN CASTLE COM 228227104 $23,374 1,404,700 SH SOLE 1,404,700 INTL CORP ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ DOLLAR GEN CORP COM 256669102 $1,331 64,100 SH SOLE 64,100 ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ DOUBLECLICK INC COM 258609304 $11,004 1,414,400 SH SOLE 1,414,400 ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ DPL INC COM 233293109 $84,822 3,378,000 SH SOLE 3,378,000 ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ DR HORTON INC COM 23331A109 $33,256 825,000 SH SOLE 825,000 ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ELECTRONIC COM 285661104 $35,745 1,547,400 SH SOLE 1,547,400 DATA SYS NEW ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ EXPRESS COM 302182100 $106,122 1,388,300 SH SOLE 1,388,300 SCRIPTS INC ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ EXPRESS COM 302182100 $145 200,000 SH CALL SOLE 200,000 SCRIPTS INC ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ FISHER COM 338032204 $148,000 2,372,550 SH SOLE 2,372,550 SCIENTIFIC NEW INTL INC ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ HOLLINGER INTL CL A 435569108 $13,916 887,500 SH SOLE 887,500 INC ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ HOME DEPOT INC COM 437076102 $994 1,600,000 SH PUT SOLE 1,600,000 ------------------------------------------------------------------------------------------------------------------------------------

GLENVIEW CAPITAL MANAGEMENT, LLC FORM 13F Quarter Ended December 31, 2004

------------------------------------------------------------------------------------------------------------------------------------ Title of Cusip Value Shrs or Sh/ Put/ Investment Other Voting Authority -------- ----- ------ -------- --- ---- ---------- ------ ---------------- Name of Issuer Class Number (x$1,000) prn amt Prn Call Discretion Managers Sole Shared None -------------- ----- ------ --------- ------- --- ---- ---------- -------- ---- ------ ---- ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ HILFIGER TOMMY ORD G8915Z102 $25,906 2,296,600 SH SOLE 2,296,600 CORP ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ JP MORGAN & COM 46625H100 $31,637 811,000 SH SOLE 811,000 CHASE CO ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ LAIDLAW INTL COM 50730R102 $375 17,500 SH SOLE 17,500 INC ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ LENNAR CORP CL A 526057104 $86,664 1,529,000 SH SOLE 1,529,000 ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ LIBERTY MEDIA COM 530718105 $1,143 104,100 SH SOLE 104,100 CORP NEW SER A ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ LINCARE HLDGS COM 532791100 $1,312 1,000,000 SH PUT SOLE 1,000,000 INC ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ LOWES COS INC COM 548661107 $433 700,000 SH PUT SOLE 700,000 ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ LYONDELL COM 552078107 $47,929 1,657,285 SH SOLE 1,657,285 CHEMICAL CO ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ MCI INC COM 552691107 $85,579 4,245,000 SH SOLE 4,245,000 ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ MCDERMOTT INTL COM 580037109 $66,742 3,635,200 SH SOLE 3,635,200 INC ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ MCDERMOTT INTL COM 580037109 $774 130,000 SH CALL SOLE 130,000 INC ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ MCKESSON CORP COM 58155Q103 $134,391 4,271,800 SH SOLE 4,271,800 ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ MEDICORE INC COM 584931109 $851 92,000 SH SOLE 92,000 ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ MICROSOFT CORP COM 594918104 $73,916 2,766,300 SH SOLE 2,766,300 ------------------------------------------------------------------------------------------------------------------------------------

GLENVIEW CAPITAL MANAGEMENT, LLC FORM 13F Quarter Ended December 31, 2004

------------------------------------------------------------------------------------------------------------------------------------ Title of Cusip Value Shrs or Sh/ Put/ Investment Other Voting Authority -------- ----- ------ -------- --- ---- ---------- ------ ---------------- Name of Issuer Class Number (x$1,000) prn amt Prn Call Discretion Managers Sole Shared None -------------- ----- ------ --------- ------- --- ---- ---------- -------- ---- ------ ---- ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ MICROSOFT CORP COM 594918104 $469 1,250,000 SH CALL SOLE 1,250,000 ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ MOODYS CORP COM 615369105 $899 820,000 SH PUT SOLE 820,000 ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ MORGAN STANLEY COM 617446908 $1,160 80,000 SH PUT SOLE 80,000 NEW ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ NRG ENERGY INC COM 629377508 $35,592 987,300 SH SOLE 987,300 NEW ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ NTL INC DEL COM 62940M104 $138,865 1,903,300 SH SOLE 1,903,300 ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ NEXTEL CL A 65332V103 $99,195 3,305,400 SH SOLE 3,305,400 COMMUNICATIONS INC ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ OMNICARE INC COM 681904108 $502 14,500 SH SOLE 14,500 ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ORACLE CORP COM 68389X105 $60,437 4,405,000 SH SOLE 4,405,000 ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ OWENS ILL INC COM 690768403 $100,190 4,423,400 SH SOLE 4,423,400 NEW ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ PG&E CORP COM 69331C108 $2,163 65,000 SH SOLE 65,000 ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ PHARMACEUTICAL DEPOSIT 71712A206 $850 1,000,000 SH CALL SOLE 1,000,000 HLDRS TR RY RCPT ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ PLAYTEX PRODS COM 72813P100 $14,628 1,830,800 SH SOLE 1,830,800 INC ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ PRIMEDIA INC COM 74157K101 $39,194 10,314,200 SH SOLE 10,314,200 ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ PROGRESS CORP COM 743315103 $525 100,000 SH PUT SOLE 100,000 OHIO ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ REEBOK INTL LTD COM 758110100 $73,977 1,681,300 SH SOLE 1,681,300 ------------------------------------------------------------------------------------------------------------------------------------

GLENVIEW CAPITAL MANAGEMENT, LLC FORM 13F Quarter Ended December 31, 2004

------------------------------------------------------------------------------------------------------------------------------------ Title of Cusip Value Shrs or Sh/ Put/ Investment Other Voting Authority -------- ----- ------ -------- --- ---- ---------- ------ ---------------- Name of Issuer Class Number (x$1,000) prn amt Prn Call Discretion Managers Sole Shared None -------------- ----- ------ --------- ------- --- ---- ---------- -------- ---- ------ ---- ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ RELIANT ENERGY COM 75952B105 $162,690 11,918,700 SH SOLE 11,918,700 INC ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ROXIO INC COM 780008108 $6,910 738,300 SH SOLE 738,300 ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ SAPPI LTD SPON 803069202 $41,554 2,865,780 SH SOLE 2,865,780 ADR NEW ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ SELECT MEDICAL COM 816196109 $136,539 7,757,870 SH SOLE 7,757,870 CORP ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ SIEBEL SYS INC COM 826170102 $96,063 9,157,600 SH SOLE 9,157,600 ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ SIEMENS AG SPONSOR 826197501 $759 250,000 SH PUT SOLE 250,000 ED ADR ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ SPECTRASITE INC COM 84761M104 $172,594 2,980,900 SH SOLE 2,980,900 ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ SPRINT CORP COM 852061100 $174,976 7,041,300 SH SOLE 7,041,300 FON ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ SYMANTEC CORP COM 871503108 $12,035 467,200 SH SOLE 467,200 ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ TELEWEST COM 87956T107 $85,250 4,849,279 SH SOLE 4,849,279 GLOBAL INC ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ TELLUS CORP NON-VTG 87971M202 $2,457 85,000 SH SOLE 85,000 SHS ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ TITAN CORP COM 888266103 $39,986 2,468,300 SH SOLE 2,468,300 ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ TOLL BROTHERS COM 889478103 $82,654 1,204,700 SH SOLE 1,204,700 INC ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ TOYS R US INC COM 892335100 $7,377 360,400 SH SOLE 360,400 ------------------------------------------------------------------------------------------------------------------------------------

GLENVIEW CAPITAL MANAGEMENT, LLC FORM 13F Quarter Ended December 31, 2004

------------------------------------------------------------------------------------------------------------------------------------ Title of Cusip Value Shrs or Sh/ Put/ Investment Other Voting Authority -------- ----- ------ -------- --- ---- ---------- ------ ---------------- Name of Issuer Class Number (x$1,000) prn amt Prn Call Discretion Managers Sole Shared None -------------- ----- ------ --------- ------- --- ---- ---------- -------- ---- ------ ---- ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ TXU CORP COM 873168108 $163,222 2,528,220 SH SOLE 2,528,220 ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ TYCO INTL LTD COM 902124106 $1,151 32,200 SH SOLE 32,200 NEW ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ UNUMPROVIDENT COM 91529Y106 $21,962 1,224,200 SH SOLE 1,224,200 CORP ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ VERITAS COM 923436109 $35,570 1,245,900 SH SOLE 1,245,900 SOFTWARE CO ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ WILLIAMS CO COM 969457100 $50,737 3,114,600 SH SOLE 3,114,600 INC DEL ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ WILLIS GROUP SHS G96655108 $969 23,540 SH SOLE 23,540 HOLDINGS LTD ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ YELLOW ROADWAY COM 985577105 $128,673 2,309,700 SH SOLE 2,309,700 CORP ------------------------------------------------------------------------------------------------------------------------------------