13F-HR 1 form13fhr.txt NONE UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F Form 13F COVER PAGE Report for the Calendar Year or Quarter Ended: 12/31/2011 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 Form 13F File Number: 028-07484 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 submission. Persons 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 2/14/2012 --------------------------------- --------------------------------- ---------- [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).) List of Other Managers Reporting for this Manager: Form 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 3 Form 13F Information Table Entry Total: 129 Form 13F Information Table Value Total: $ 5,228,713 -------------- (In Thousands) List of Other Included Managers: Provide a numbered list of the name(s) and 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report. No. Form 13F File Number Name 1 028-13228 DME Advisors, L.P. ---- -------------------- ---------------------------------------------------- 2 028-14000 DME Capital Management, LP ---- -------------------- ---------------------------------------------------- 3 028-13259 Greenlight Masters, LLC ---- -------------------- ----------------------------------------------------

FORM 13F INFORMATION TABLE COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 ---------------------------- ---------------- --------- -------- ------------------- ---------- -------- ---------------------- VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE ---------------------------- ---------------- --------- -------- ---------- --- ---- ---------- -------- ---------- ------ ---- APPLE INC COM 037833100 435,523 1,075,365 SH SOLE 1,075,365 0 0 APPLE INC COM 037833100 87,480 216,000 SH SOLE 1 216,000 0 0 APPLE INC COM 037833100 69,796 172,335 SH SOLE 2 172,335 0 0 ASPEN INSURANCE HOLDINGS LTD SHS G05384105 88,175 3,327,372 SH SOLE 3,327,372 0 0 ASPEN INSURANCE HOLDINGS LTD SHS G05384105 17,680 667,178 SH SOLE 1 667,178 0 0 ASPEN INSURANCE HOLDINGS LTD SHS G05384105 13,218 498,799 SH SOLE 2 498,799 0 0 BARRICK GOLD CORP COM 067901108 45,766 1,011,400 SH SOLE 1,011,400 0 0 BARRICK GOLD CORP COM 067901108 9,127 201,700 SH SOLE 1 201,700 0 0 BARRICK GOLD CORP COM 067901108 6,195 136,900 SH SOLE 2 136,900 0 0 BEST BUY INC COM 086516101 133,331 5,705,212 SH SOLE 5,705,212 0 0 BEST BUY INC COM 086516101 26,574 1,137,100 SH SOLE 1 1,137,100 0 0 BEST BUY INC COM 086516101 20,380 872,063 SH SOLE 2 872,063 0 0 BIOFUEL ENERGY CORP COM 09064Y109 13,863 20,386,950 SH SOLE 20,386,950 0 0 BIOFUEL ENERGY CORP COM 09064Y109 3,553 5,224,887 SH SOLE 1 5,224,887 0 0 BIOFUEL ENERGY CORP COM 09064Y109 1,059 1,557,042 SH SOLE 2 1,557,042 0 0 BROADRIDGE FINL SOLUTIONS IN COM 11133T103 6,890 305,540 SH SOLE 305,540 0 0 BROADRIDGE FINL SOLUTIONS IN COM 11133T103 1,157 51,300 SH SOLE 1 51,300 0 0 BROADRIDGE FINL SOLUTIONS IN COM 11133T103 1,022 45,303 SH SOLE 2 45,303 0 0 CA INC COM 12673P105 37,766 1,867,772 SH SOLE 1,867,772 0 0 CA INC COM 12673P105 7,704 381,000 SH SOLE 1 381,000 0 0 CA INC COM 12673P105 5,805 287,100 SH SOLE 2 287,100 0 0 CAREFUSION CORP COM 14170T101 223,315 8,788,464 SH SOLE 8,788,464 0 0 CAREFUSION CORP COM 14170T101 45,026 1,771,995 SH SOLE 1 1,771,995 0 0 CAREFUSION CORP COM 14170T101 36,414 1,433,065 SH SOLE 2 1,433,065 0 0 CAREFUSION CORP COM 14170T101 4,063 159,900 SH SOLE 3 159,900 0 0 CBS CORP NEW CL B 124857202 118,549 4,368,039 SH SOLE 4,368,039 0 0 CBS CORP NEW CL B 124857202 24,288 894,900 SH SOLE 1 894,900 0 0 CBS CORP NEW CL B 124857202 17,956 661,600 SH SOLE 2 661,600 0 0 COMPUWARE CORP COM 205638109 27,810 3,342,527 SH SOLE 3,342,527 0 0 COMPUWARE CORP COM 205638109 5,549 667,000 SH SOLE 1 667,000 0 0 COMPUWARE CORP COM 205638109 3,740 449,500 SH SOLE 2 449,500 0 0 DELL INC COM 24702R101 151,549 10,358,800 SH SOLE 10,358,800 0 0 DELL INC COM 24702R101 30,446 2,081,100 SH SOLE 1 2,081,100 0 0 DELL INC COM 24702R101 24,287 1,660,100 SH SOLE 2 1,660,100 0 0 DELPHI AUTOMOTIVE PLC SHS G27823106 122,138 5,978,788 SH SOLE 5,978,788 0 0 DELPHI AUTOMOTIVE PLC SHS G27823106 24,753 1,211,673 SH SOLE 1 1,211,673 0 0 DELPHI AUTOMOTIVE PLC SHS G27823106 20,514 1,004,200 SH SOLE 2 1,004,200 0 0 DST SYS INC DEL COM 233326107 37,622 826,500 SH SOLE 826,500 0 0 DST SYS INC DEL COM 233326107 7,556 166,000 SH SOLE 1 166,000 0 0 DST SYS INC DEL COM 233326107 6,031 132,500 SH SOLE 2 132,500 0 0 EINSTEIN NOAH REST GROUP INC COM 28257U104 140,428 8,876,611 SH SOLE 8,876,611 0 0 EINSTEIN NOAH REST GROUP INC COM 28257U104 11,865 750,000 SH SOLE 1 750,000 0 0 EINSTEIN NOAH REST GROUP INC COM 28257U104 17,510 1,106,858 SH SOLE 2 1,106,858 0 0 ENERGY PARTNERS LTD COM NEW 29270U303 14,927 1,022,377 SH SOLE 1,022,377 0 0 ENERGY PARTNERS LTD COM NEW 29270U303 2,842 194,652 SH SOLE 1 194,652 0 0 ENERGY PARTNERS LTD COM NEW 29270U303 1,503 102,971 SH SOLE 2 102,971 0 0 ENSCO PLC SPONSORED ADR 29358Q109 174,598 3,721,180 SH SOLE 3,721,180 0 0 ENSCO PLC SPONSORED ADR 29358Q109 35,701 760,900 SH SOLE 1 760,900 0 0 ENSCO PLC SPONSORED ADR 29358Q109 26,733 569,758 SH SOLE 2 569,758 0 0 FIFTH STREET FINANCE CORP COM 31678A103 14,660 1,531,827 SH SOLE 1,531,827 0 0 FIFTH STREET FINANCE CORP COM 31678A103 2,822 294,835 SH SOLE 1 294,835 0 0 FIFTH STREET FINANCE CORP COM 31678A103 1,646 172,030 SH SOLE 2 172,030 0 0 FIRST SOLAR INC COM 336433107 3,292 97,500 PUT SOLE 97,500 0 0 FIRST SOLAR INC COM 336433107 530 15,700 PUT SOLE 2 15,700 0 0 FURIEX PHARMACEUTICALS INC COM 36106P101 5,786 346,288 SH SOLE 346,288 0 0 FURIEX PHARMACEUTICALS INC COM 36106P101 1,049 62,800 SH SOLE 1 62,800 0 0 FURIEX PHARMACEUTICALS INC COM 36106P101 590 35,336 SH SOLE 2 35,336 0 0 GENERAL MTRS CO COM 37045V100 281,295 13,877,382 SH SOLE 13,877,382 0 0 GENERAL MTRS CO COM 37045V100 56,555 2,790,100 SH SOLE 1 2,790,100 0 0 GENERAL MTRS CO COM 37045V100 43,397 2,140,926 SH SOLE 2 2,140,926 0 0

FORM 13F INFORMATION TABLE COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 ---------------------------- ---------------- --------- -------- ------------------- ---------- -------- ---------------------- VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE ---------------------------- ---------------- --------- -------- ---------- --- ---- ---------- -------- ---------- ------ ---- GENERAL MTRS CO COM 37045V100 4,074 201,000 SH SOLE 3 201,000 0 0 HCA HOLDINGS INC COM 40412C101 90,260 4,097,134 SH SOLE 4,097,134 0 0 HCA HOLDINGS INC COM 40412C101 18,752 851,200 SH SOLE 1 851,200 0 0 HCA HOLDINGS INC COM 40412C101 14,566 661,200 SH SOLE 2 661,200 0 0 HUNTINGTON INGALLS INDS INC COM 446413106 72,949 2,332,118 SH SOLE 2,332,118 0 0 HUNTINGTON INGALLS INDS INC COM 446413106 14,709 470,230 SH SOLE 1 470,230 0 0 HUNTINGTON INGALLS INDS INC COM 446413106 11,108 355,110 SH SOLE 2 355,110 0 0 HUNTINGTON INGALLS INDS INC COM 446413106 2,158 69,000 SH SOLE 3 69,000 0 0 LEGG MASON INC COM 524901105 60,382 2,510,700 SH SOLE 2,510,700 0 0 LEGG MASON INC COM 524901105 12,114 503,700 SH SOLE 1 503,700 0 0 LEGG MASON INC COM 524901105 9,274 385,600 SH SOLE 2 385,600 0 0 LIBERTY MEDIA CORPORATION LIB CAP COM A 530322106 56,196 720,000 SH SOLE 720,000 0 0 LIBERTY MEDIA CORPORATION LIB CAP COM A 530322106 11,286 144,600 SH SOLE 1 144,600 0 0 LIBERTY MEDIA CORPORATION LIB CAP COM A 530322106 9,007 115,400 SH SOLE 2 115,400 0 0 MARKET VECTORS ETF TR GOLD MINER ETF 57060U100 268,948 5,229,394 SH SOLE 5,229,394 0 0 MARKET VECTORS ETF TR GOLD MINER ETF 57060U100 53,063 1,031,750 SH SOLE 1 1,031,750 0 0 MARKET VECTORS ETF TR GOLD MINER ETF 57060U100 44,272 860,827 SH SOLE 2 860,827 0 0 MARKET VECTORS ETF TR GOLD MINER ETF 57060U100 7,354 143,000 SH SOLE 3 143,000 0 0 MARKET VECTORS ETF TR JR GOLD MINERS E 57060U589 34,844 1,410,700 SH SOLE 1,410,700 0 0 MARKET VECTORS ETF TR JR GOLD MINERS E 57060U589 6,970 282,200 SH SOLE 1 282,200 0 0 MARKET VECTORS ETF TR JR GOLD MINERS E 57060U589 5,115 207,100 SH SOLE 2 207,100 0 0 MARVELL TECHNOLOGY GROUP LTD ORD G5876H105 174,947 12,631,557 SH SOLE 12,631,557 0 0 MARVELL TECHNOLOGY GROUP LTD ORD G5876H105 35,761 2,582,000 SH SOLE 1 2,582,000 0 0 MARVELL TECHNOLOGY GROUP LTD ORD G5876H105 27,701 2,000,100 SH SOLE 2 2,000,100 0 0 MARVELL TECHNOLOGY GROUP LTD ORD G5876H105 2,215 159,900 SH SOLE 3 159,900 0 0 MICROSOFT CORP COM 594918104 287,622 11,079,449 SH SOLE 11,079,449 0 0 MICROSOFT CORP COM 594918104 56,416 2,173,200 SH SOLE 1 2,173,200 0 0 MICROSOFT CORP COM 594918104 47,333 1,823,293 SH SOLE 2 1,823,293 0 0 MICROSOFT CORP COM 594918104 2,466 95,000 SH SOLE 3 95,000 0 0 NCR CORP NEW COM 62886E108 117,206 7,120,685 SH SOLE 7,120,685 0 0 NCR CORP NEW COM 62886E108 23,403 1,421,800 SH SOLE 1 1,421,800 0 0 NCR CORP NEW COM 62886E108 17,582 1,068,145 SH SOLE 2 1,068,145 0 0 NVR INC COM 62944T105 53,425 77,879 SH SOLE 77,879 0 0 NVR INC COM 62944T105 8,568 12,490 SH SOLE 1 12,490 0 0 NVR INC COM 62944T105 7,819 11,398 SH SOLE 2 11,398 0 0 OMNIVISION TECHNOLOGIES INC COM 682128103 1,768 144,566 SH SOLE 144,566 0 0 OMNIVISION TECHNOLOGIES INC COM 682128103 361 29,500 SH SOLE 1 29,500 0 0 OMNIVISION TECHNOLOGIES INC COM 682128103 280 22,900 SH SOLE 2 22,900 0 0 REPUBLIC AWYS HLDGS INC COM 760276105 9,211 2,685,564 SH SOLE 2,685,564 0 0 REPUBLIC AWYS HLDGS INC COM 760276105 1,569 457,327 SH SOLE 1 457,327 0 0 REPUBLIC AWYS HLDGS INC COM 760276105 926 269,909 SH SOLE 2 269,909 0 0 RESEARCH IN MOTION LTD COM 760975102 31,274 2,156,817 SH SOLE 2,156,817 0 0 RESEARCH IN MOTION LTD COM 760975102 6,287 433,600 SH SOLE 1 433,600 0 0 RESEARCH IN MOTION LTD COM 760975102 4,827 332,900 SH SOLE 2 332,900 0 0 SEAGATE TECHNOLOGY PLC SHS G7945M107 171,119 10,434,073 SH SOLE 10,434,073 0 0 SEAGATE TECHNOLOGY PLC SHS G7945M107 34,586 2,108,900 SH SOLE 1 2,108,900 0 0 SEAGATE TECHNOLOGY PLC SHS G7945M107 28,208 1,720,000 SH SOLE 2 1,720,000 0 0 SEAGATE TECHNOLOGY PLC SHS G7945M107 3,050 186,000 SH SOLE 3 186,000 0 0 SPRINT NEXTEL CORP COM SER 1 852061100 126,962 54,257,080 SH SOLE 54,257,080 0 0 SPRINT NEXTEL CORP COM SER 1 852061100 25,661 10,966,300 SH SOLE 1 10,966,300 0 0 SPRINT NEXTEL CORP COM SER 1 852061100 19,133 8,176,620 SH SOLE 2 8,176,620 0 0 SPRINT NEXTEL CORP COM SER 1 852061100 854 365,000 SH SOLE 3 365,000 0 0 STATE BK FINL CORP COM 856190103 24,595 1,627,745 SH SOLE 1,627,745 0 0 STATE BK FINL CORP COM 856190103 4,291 284,000 SH SOLE 1 284,000 0 0 STATE BK FINL CORP COM 856190103 2,845 188,255 SH SOLE 2 188,255 0 0 SYMMETRICOM INC COM COM 871543104 7,391 1,371,251 SH SOLE 1,371,251 0 0 SYMMETRICOM INC COM COM 871543104 1,082 200,800 SH SOLE 1 200,800 0 0 SYMMETRICOM INC COM COM 871543104 743 137,795 SH SOLE 2 137,795 0 0 TESSERA TECHNOLOGIES INC COM 88164L100 8,557 510,880 SH SOLE 510,880 0 0 TESSERA TECHNOLOGIES INC COM 88164L100 1,722 102,800 SH SOLE 1 102,800 0 0

FORM 13F INFORMATION TABLE COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 ---------------------------- ---------------- --------- -------- ------------------- ---------- -------- ---------------------- VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE ---------------------------- ---------------- --------- -------- ---------- --- ---- ---------- -------- ---------- ------ ---- TESSERA TECHNOLOGIES INC COM 88164L100 1,372 81,900 SH SOLE 2 81,900 0 0 TRAVELERS COMPANIES INC COM 89417E109 41,972 709,347 SH SOLE 709,347 0 0 TRAVELERS COMPANIES INC COM 89417E109 13,164 222,478 SH SOLE 2 222,478 0 0 XEROX CORP COM 984121103 99,082 12,447,432 SH SOLE 12,447,432 0 0 XEROX CORP COM 984121103 20,216 2,539,700 SH SOLE 1 2,539,700 0 0 XEROX CORP COM 984121103 15,644 1,965,300 SH SOLE 2 1,965,300 0 0 YAHOO INC COM 984332106 36,391 2,256,087 SH SOLE 2,256,087 0 0 YAHOO INC COM 984332106 7,355 456,000 SH SOLE 1 456,000 0 0 YAHOO INC COM 984332106 4,949 306,800 SH SOLE 2 306,800 0 0