13F-HR 1 greenlight13f_1120092.txt 13F REPORT FOR PERIOD ENDING 09/30/2009 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F Form 13F COVER PAGE Report for the Calendar Year or Quarter Ended: September 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: Greenlight Capital, Inc. Address: 140 East 45th Street 24th Floor New York, NY 10017 Form 13F File Number: 028-7484 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: /s/ Daniel Roitman New York, NY November 16, 2009 [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: 2 No.: Form 13F File Number: Name: 1 028-13228 DME Advisors, L.P. 2 028-13259 Greenlight Masters, L.L.C. Form 13F Information Table Entry Total: 115 Form 13F Information Table Value Total: 2,664,803 (x$1000) FORM 13F INFORMATION TABLE NAME OF REPORTING MANAGER: GREENLIGHT CAPITAL, INC. As of 09/30/09

Column 1 Column 2 Column 3 Column 4 Column 5 Column 6 Column 7 Column 8 Name of Title of Value TOTAL SH/ PUT/ Investment Other Voting Issuer Class CUSIP (X$1000) SHARES PRN CALL Discretion Managers Authority Sole Shared None AERCAP HOLDINGS NV SHS N00985106 7,948 876,256 SH SOLE 876,256 AERCAP HOLDINGS NV SHS N00985106 1,122 123,744 SH SOLE 1 123,744 AIRCASTLE LTD COM G0129K104 3,237 334,718 SH SOLE 334,718 AIRCASTLE LTD COM G0129K104 457 47,223 SH SOLE 1 47,223 AMKOR TECHNOLOGY INC COM 031652100 6,063 881,231 SH SOLE 881,231 AMKOR TECHNOLOGY INC COM 031652100 856 124,400 SH SOLE 1 124,400 ANIXTER INTL INC COM 035290105 1,657 41,300 SH SOLE 41,300 ANIXTER INTL INC COM 035290105 445 11,087 SH SOLE 1 11,087 ASPEN INSURANCE HOLDINGS LTD SHS G05384105 95,097 3,592,622 SH SOLE 3,592,622 ASPEN INSURANCE HOLDINGS LTD SHS G05384105 14,489 547,378 SH SOLE 1 547,378 ATP OIL & GAS CORP COM 00208J108 20,557 1,149,100 SH SOLE 1,149,100 ATP OIL & GAS CORP COM 00208J108 3,272 182,900 SH SOLE 1 182,900 AUTOMATIC DATA PROCESSING IN COM 053015103 51,248 1,304,017 SH SOLE 1,304,017 AUTOMATIC DATA PROCESSING IN COM 053015103 8,193 208,483 SH SOLE 1 208,483 BARRICK GOLD CORP COM 067901108 35,944 948,400 SH SOLE 948,400 BARRICK GOLD CORP COM 067901108 5,746 151,600 SH SOLE 1 151,600 BEAZER HOMES USA INC NOTE 4.625% 6/1 07556QAL9 4,036 4,534,400 PRN SOLE 4,534,400 BEAZER HOMES USA INC NOTE 4.625% 6/1 07556QAL9 561 630,600 PRN SOLE 1 630,600 BELDEN INC COM 077454106 1,686 73,000 SH SOLE 73,000 BELDEN INC COM 077454106 453 19,600 SH SOLE 1 19,600 BIOFUEL ENERGY CORP COM 09064Y109 4,144 6,094,661 SH SOLE 6,094,661 BIOFUEL ENERGY CORP COM 09064Y109 984 1,447,443 SH SOLE 1 1,447,443 BJ SVCS CO COM 055482103 39,064 2,010,500 SH SOLE 2,010,500 BJ SVCS CO COM 055482103 5,625 289,500 SH SOLE 1 289,500 CADENCE DESIGN SYSTEM INC NOTE 1.375% 12/1127387AD0 4,747 5,202,000 PRN SOLE 5,202,000 CAL DIVE INTL INC NOTE 3.250%12/1 127914AB5 35,369 40,192,000 PRN SOLE 40,192,000 CARDINAL HEALTH INC COM 14149Y108 152,750 5,699,634 SH SOLE 5,699,634 CARDINAL HEALTH INC COM 14149Y108 23,915 892,366 SH SOLE 1 892,366 CARDINAL HEALTH INC COM 14149Y108 1,621 60,500 SH SOLE 2 60,500 CAREFUSION CORP COM 14170T101 163,301 7,490,850 SH SOLE 7,490,850 CAREFUSION CORP COM 14170T101 26,108 1,197,624 SH SOLE 1 1,197,624 CAREFUSION CORP COM 14170T101 659 30,250 SH SOLE 2 30,250 COLONIAL PPTYS TR COM 195872106 3,680 378,200 SH SOLE 378,200 COLONIAL PPTYS TR COM 195872106 519 53,373 SH SOLE 1 53,373 CROSSTEX ENERGY INC COM 22765Y104 2,139 405,040 SH SOLE 405,040 CROSSTEX ENERGY INC COM 22765Y104 302 57,127 SH SOLE 1 57,127 DANAOS CORPORATION SHS Y1968P105 862 170,605 SH SOLE 170,605 DANAOS CORPORATION SHS Y1968P105 122 24,100 SH SOLE 1 24,100 DUKE REALTY CORP COM NEW 264411505 2,389 198,879 SH SOLE 198,879 DUKE REALTY CORP COM NEW 264411505 573 47,700 SH SOLE 1 47,700 E M C CORP MASS COM 268648102 105,104 6,168,050 SH SOLE 6,168,050 E M C CORP MASS COM 268648102 16,028 940,600 SH SOLE 1 940,600 E M C CORP MASS COM 268648102 2,306 135,350 SH SOLE 2 135,350 ECHOSTAR CORP CL A 278768106 1,048 56,784 SH SOLE 56,784 EINSTEIN NOAH REST GROUP INC COM 28257U104 120,201 9,983,469 SH SOLE 9,983,469 EINSTEIN NOAH REST GROUP INC COM 28257U104 9,030 750,000 SH SOLE 1 750,000 EMPLOYERS HOLDINGS INC COM 292218104 33,904 2,190,200 SH SOLE 2,190,200 EMPLOYERS HOLDINGS INC COM 292218104 2,087 134,800 SH SOLE 1 134,800 ENDURANCE SPECIALTY HLDGS LT SHS G30397106 8,113 222,459 SH SOLE 222,459 ENDURANCE SPECIALTY HLDGS LT SHS G30397106 1,236 33,900 SH SOLE 1 33,900 EVEREST RE GROUP LTD COM G3223R108 72,251 823,838 SH SOLE 823,838 EVEREST RE GROUP LTD COM G3223R108 11,279 128,607 SH SOLE 1 128,607 FIFTH STREET FINANCE CORP COM 31678A103 18,623 1,703,857 SH SOLE 1,703,857 FIFTH STREET FINANCE CORP COM 31678A103 6,346 580,635 SH SOLE 1 580,635 FOSTER WHEELER AG COM H27178104 10,275 321,984 SH SOLE 321,984 FOSTER WHEELER AG COM H27178104 1,716 53,791 SH SOLE 1 53,791 GENERAL CABLE CORP DEL NEW COM 369300108 3,846 98,243 SH SOLE 98,243 GENERAL CABLE CORP DEL NEW COM 369300108 998 25,500 SH SOLE 1 25,500 HEALTH MGMT ASSOC INC NEW CL A 421933102 54,165 7,231,670 SH SOLE 7,231,670 HEALTH MGMT ASSOC INC NEW CL A 421933102 15,364 2,051,296 SH SOLE 1 2,051,296 HEALTH NET INC COM 42222G108 46,374 3,011,291 SH SOLE 3,011,291 HEALTH NET INC COM 42222G108 7,562 491,046 SH SOLE 1 491,046 HUNTSMAN CORP COM 447011107 7,703 845,600 SH SOLE 845,600 HUNTSMAN CORP COM 447011107 1,088 119,400 SH SOLE 1 119,400 JA SOLAR HOLDINGS CO LTD NOTE 4.500% 5/1 466090AA5 12,727 17,083,000 PRN SOLE 17,083,000 JA SOLAR HOLDINGS CO LTD NOTE 4.500% 5/1 466090AA5 1,886 2,531,000 PRN SOLE 1 2,531,000 LIBERTY MEDIA CORP NEW INT COM SER A 53071M104 4,751 433,100 SH SOLE 433,100 LIBERTY MEDIA CORP NEW INT COM SER A 53071M104 1,277 116,429 SH SOLE 1 116,429 M D C HLDGS INC COM 552676108 2,105 60,584 SH SOLE 60,584 M D C HLDGS INC COM 552676108 338 9,740 SH SOLE 1 9,740 MARKET VECTORS ETF TR GOLD MINER ETF 57060U100 127,048 2,805,200 SH SOLE 2,805,200 MARKET VECTORS ETF TR GOLD MINER ETF 57060U100 17,880 394,800 SH SOLE 1 394,800 MCDERMOTT INTL INC COM 580037109 71,226 2,818,592 SH SOLE 2,818,592 MCDERMOTT INTL INC COM 580037109 11,195 443,028 SH SOLE 1 443,028 MDC PARTNERS INC CL A SUB VTG 552697104 1,626 218,512 SH SOLE 218,512 MDC PARTNERS INC CL A SUB VTG 552697104 229 30,844 SH SOLE 1 30,844 MEMC ELECTR MATLS INC COM 552715104 15,066 905,977 SH SOLE 905,977 MEMC ELECTR MATLS INC COM 552715104 2,225 133,783 SH SOLE 1 133,783 MERCER INTL INC NOTE 8.500%10/1 588056AG6 7,358 13,500,000 PRN SOLE 13,500,000 MI DEVS INC CL A SUB VTG 55304X104 65,949 4,903,300 SH SOLE 4,903,300 MI DEVS INC CL A SUB VTG 55304X104 9,710 721,935 SH SOLE 1 721,935 MI DEVS INC CL A SUB VTG 55304X104 404 30,000 SH SOLE 2 30,000 MICROSOFT CORP COM 594918104 75,941 2,933,200 SH SOLE 2,933,200 MICROSOFT CORP COM 594918104 12,085 466,800 SH SOLE 1 466,800 NIKE INC CL B 654106103 421 6,500 SH SOLE 6,500 NOVATEL WIRELESS INC COM NEW 66987M604 2,390 210,377 SH SOLE 210,377 NOVATEL WIRELESS INC COM NEW 66987M604 382 33,600 SH SOLE 1 33,600 OSHKOSH CORP COM 688239201 5,274 170,500 SH SOLE 170,500 OSHKOSH CORP COM 688239201 1,417 45,800 SH SOLE 1 45,800 PATTERSON UTI ENERGY INC COM 703481101 41,052 2,718,657 SH SOLE 2,718,657 PATTERSON UTI ENERGY INC COM 703481101 5,985 396,343 SH SOLE 1 396,343 PFIZER INC COM 717081103 171,092 10,337,900 SH SOLE 10,337,900 PFIZER INC COM 717081103 25,191 1,522,100 SH SOLE 1 1,522,100 PFIZER INC COM 717081103 2,102 127,000 SH SOLE 2 127,000 REPUBLIC AWYS HLDGS INC COM 760276105 27,854 2,985,473 SH SOLE 2,985,473 REPUBLIC AWYS HLDGS INC COM 760276105 4,267 457,327 SH SOLE 1 457,327 SINCLAIR BROADCAST GROUP INC CL A 829226109 1,408 393,244 SH SOLE 393,244 SINCLAIR BROADCAST GROUP INC CL A 829226109 203 56,756 SH SOLE 1 56,756 SMITHFIELD FOODS INC COM 832248108 2,667 193,292 SH SOLE 193,292 SMITHFIELD FOODS INC COM 832248108 634 45,971 SH SOLE 1 45,971 TEEKAY CORPORATION COM Y8564W103 1,452 66,400 SH SOLE 66,400 TEEKAY CORPORATION COM Y8564W103 393 17,965 SH SOLE 1 17,965 TERADATA CORP DEL COM 88076W103 148,311 5,389,209 SH SOLE 5,389,209 TERADATA CORP DEL COM 88076W103 22,250 808,508 SH SOLE 1 808,508 TICKETMASTER ENTMT INC COM 88633P302 13,787 1,179,368 SH SOLE 1,179,368 TRANSATLANTIC HLDGS INC COM 893521104 14,168 282,400 SH SOLE 282,400 TRANSATLANTIC HLDGS INC COM 893521104 2,137 42,600 SH SOLE 1 42,600 TRAVELERS COMPANIES INC COM 89417E109 90,780 1,844,005 SH SOLE 1,844,005 TRAVELERS COMPANIES INC COM 89417E109 14,191 288,267 SH SOLE 1 288,267 URS CORP NEW COM 903236107 130,082 2,980,108 SH SOLE 2,980,108 URS CORP NEW COM 903236107 20,186 462,459 SH SOLE 1 462,459 VALIDUS HOLDINGS LTD COM SHS G9319H102 40,157 1,556,469 SH SOLE 1,556,469 VALIDUS HOLDINGS LTD COM SHS G9319H102 6,019 233,297 SH SOLE 1 233,297 WYETH COM 983024100 121,105 2,492,900 SH SOLE 2,492,900 WYETH COM 983024100 17,834 367,100 SH SOLE 1 367,100