13F-HR 1 efc6-1498_5877010form13fhr.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 Form 13F Form 13F COVER PAGE Report for the Calendar Year or Quarter Ended: March 31, 2006 -------------- 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: 767 Fifth Avenue, 44th Floor New York, NY 10153 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 May 15, 2006 ----------------------------- ------------------ ------------ [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: 67 ------------------------ Form 13F Information Table Value Total: $7,066,482 ------------------------ (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 March 31, 2006 ------------------------------------------------------------------------------------------------------------------------------------ NAME OF ISSUER CLASS VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY -------------- ----- ----- ------- --- ---- ---------- ----- ---------------- TITLE CUSIP (X$1,000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE DEFINED SHARED ----- ----- --------- ------- --- ---- ---------- -------- ---- ------- ------ ------------------------------------------------------------------------------------------------------------------------------------ ADVANCED MEDICAL OPTICS INC COM 00763M108 $67,096 1,438,600 SH SOLE 1,438,600 ------------------- -------- ----------- ---------- ---------- -- ------ ------ -------- --------- ----------- ------ ------ ALLTEL CORPORATION COM 020039103 $85,774 1,324,700 SH SOLE 1,324,700 ------------------- -------- ----------- ---------- ---------- -- ------ ------ -------- --------- ----------- ------ ------ ALTRIA GROUP INC COM 02209S103 $15,065 212,600 SH SOLE 212,600 ------------------- -------- ----------- ---------- ---------- -- ------ ------ -------- --------- ----------- ------ ------ AMDOCS LTD ORD G02602103 $261,336 7,247,242 SH SOLE 7,247,242 ------------------- -------- ----------- ---------- ---------- -- ------ ------ -------- --------- ----------- ------ ------ AMERICAN TOWER CORP CL A 029912201 $263,613 8,694,367 SH SOLE 8,694,367 ------------------- -------- ----------- ---------- ---------- -- ------ ------ -------- --------- ----------- ------ ------ BEARINGPOINT INC COM 074002106 $132,978 15,662,847 SH SOLE 15,662,847 ------------------- -------- ----------- ---------- ---------- -- ------ ------ -------- --------- ----------- ------ ------ BEAZER HOMES USA INC COM 07556Q105 $75,621 1,151,000 SH SOLE 1,151,000 ------------------- -------- ----------- ---------- ---------- -- ------ ------ -------- --------- ----------- ------ ------ CA INC COM 12673P105 $37,083 1,362,854 SH SOLE 1,362,854 ------------------- -------- ----------- ---------- ---------- -- ------ ------ -------- --------- ----------- ------ ------ CVS CORP COM 126650100 $275,954 9,238,507 SH SOLE 9,238,507 ------------------- -------- ----------- ---------- ---------- -- ------ ------ -------- --------- ----------- ------ ------ CVS CORP COM 126650100 $6,419 214,900 SH CALL SOLE 214,900 ------------------- -------- ----------- ---------- ---------- -- ------ ------ -------- --------- ----------- ------ ------ CAREMARK RX INC COM 141705103 $233,389 4,745,600 SH SOLE 4,745,600 ------------------- -------- ----------- ---------- ---------- -- ------ ------ -------- --------- ----------- ------ ------ CENTEX CORP COM 152312104 $96,469 1,556,200 SH SOLE 1,556,200 ------------------- -------- ----------- ---------- ---------- -- ------ ------ -------- --------- ----------- ------ ------ CHARTER COMMUNI- CATIONS INC D CL A 16117M107 $18,823 17,268,900 SH SOLE 17,268,900 ------------------- -------- ----------- ---------- ---------- -- ------ ------ -------- --------- ----------- ------ ------ CHEMTURA CORP COM 163893100 $119,185 10,117,606 SH SOLE 10,117,606 ------------------- -------- ----------- ---------- ---------- -- ------ ------ -------- --------- ----------- ------ ------ CISCO SYS INC COM 17275R102 $90,179 4,161,450 SH SOLE 4,161,450 ------------------- -------- ----------- ---------- ---------- -- ------ ------ -------- --------- ----------- ------ ------

GLENVIEW CAPITAL MANAGEMENT, LLC FORM 13F Quarter Ended March 31, 2006 ------------------------------------------------------------------------------------------------------------------------------------ NAME OF ISSUER CLASS VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY -------------- ----- ----- ------- --- ---- ---------- ----- ---------------- TITLE CUSIP (X$1,000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE DEFINED SHARED ----- ----- --------- ------- --- ---- ---------- -------- ---- ------- ------ ------------------------------------------------------------------------------------------------------------------------------------ CORNING INC COM 219350105 $143,632 5,335,500 SH SOLE 5,335,500 ------------------- -------- ----------- ---------- ---------- -- ------ ------ -------- --------- ----------- ------ ------ DOW CHEMICAL CO COM 260543103 $22,825 562,200 SH SOLE 562,200 ------------------- -------- ----------- ---------- ---------- -- ------ ------ -------- --------- ----------- ------ ------ DR HORTON INC COM 23331A109 $277,277 8,346,699 SH SOLE 8,346,699 ------------------- -------- ----------- ---------- ---------- -- ------ ------ -------- --------- ----------- ------ ------ EAGLE MATERIALS INC CL B 26969P207 $19,252 301,800 SH SOLE 301,800 ------------------- -------- ----------- ---------- ---------- -- ------ ------ -------- --------- ----------- ------ ------ FIRST DATA CORP COM 319963104 $160,169 3,420,956 SH SOLE 3,420,956 ------------------- -------- ----------- ---------- ---------- -- ------ ------ -------- --------- ----------- ------ ------ FIRST DATA CORP COM 319963104 $93,640 2,000,000 SH CALL SOLE 2,000,000 ------------------- -------- ----------- ---------- ---------- -- ------ ------ -------- --------- ----------- ------ ------ FIDELITY NATIONAL COM 31620M106 $120,899 2,981,480 SH SOLE 2,981,480 INFORMATION SV ------------------- -------- ----------- ---------- ---------- -- ------ ------ -------- --------- ----------- ------ ------ FISHER SCIENTIFIC INTL INC COM 338032204 $300,631 4,417,800 SH SOLE 4,417,800 ------------------- -------- ----------- ---------- ---------- -- ------ ------ -------- --------- ----------- ------ ------ FREESCALE SEMICONDUCTOR INC COM CL A 35687M107 $33,564 1,206,900 SH SOLE 1,206,900 ------------------- -------- ----------- ---------- ---------- -- ------ ------ -------- --------- ----------- ------ ------ GAMESTOP CORP NEW CL B 36467W208 $32,780 756,700 SH SOLE 756,700 ------------------- -------- ----------- ---------- ---------- -- ------ ------ -------- --------- ----------- ------ ------ GOODYEAR TIRE & RUBR CO COM 382550101 $22,516 1,555,000 SH PUT SOLE 1,555,000 ------------------- -------- ----------- ---------- ---------- -- ------ ------ -------- --------- ----------- ------ ------ GUIDANT CORPORATION COM 401698105 $66,179 847,800 SH SOLE 847,800 ------------------- -------- ----------- ---------- ---------- -- ------ ------ -------- --------- ----------- ------ ------ HARMONIC INC COM 413160102 $13,418 2,106,400 SH SOLE 2,106,400 ------------------- -------- ----------- ---------- ---------- -- ------ ------ -------- --------- ----------- ------ ------ HEWLETT PACKARD COM 428236103 $225,866 6,865,223 SH SOLE 6,865,223 ------------------- -------- ----------- ---------- ---------- -- ------ ------ -------- --------- ----------- ------ ------ HUNTSMAN CORP COM 447011107 $19,960 1,034,200 SH SOLE 1,034,200 ------------------- -------- ----------- ---------- ---------- -- ------ ------ -------- --------- ----------- ------ ------

GLENVIEW CAPITAL MANAGEMENT, LLC FORM 13F Quarter Ended March 31, 2006 ------------------------------------------------------------------------------------------------------------------------------------ NAME OF ISSUER CLASS VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY -------------- ----- ----- ------- --- ---- ---------- ----- ---------------- TITLE CUSIP (X$1,000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE DEFINED SHARED ----- ----- --------- ------- --- ---- ---------- -------- ---- ------- ------ ------------------------------------------------------------------------------------------------------------------------------------ INTEGRATED ALARM SERVICES COM 45890M109 $2,271 617,156 SH SOLE 617,156 ------------------- -------- ----------- ---------- ---------- -- ------ ------ -------- --------- ----------- ------ ------ LEXAR MEDIA INC COM 52886P104 $55,316 6,447,134 SH SOLE 6,447,134 ------------------- -------- ----------- ---------- ---------- -- ------ ------ -------- --------- ----------- ------ ------ LOEWS CORP COM 540424108 $23,721 234,400 SH SOLE 234,400 ------------------- -------- ----------- ---------- ---------- -- ------ ------ -------- --------- ----------- ------ ------ MCDERMOTT INTL INC COM 580037109 $34,926 641,439 SH SOLE 641,439 ------------------- -------- ----------- ---------- ---------- -- ------ ------ -------- --------- ----------- ------ ------ MCKESSON CORP COM 58155Q103 $140,625 2,697,588 SH SOLE 2,697,588 ------------------- -------- ----------- ---------- ---------- -- ------ ------ -------- --------- ----------- ------ ------ MEDCO HEALTH SOLUTIONS INC COM 58405U102 $116,534 2,036,590 SH SOLE 2,036,590 ------------------- -------- ----------- ---------- ---------- -- ------ ------ -------- --------- ----------- ------ ------ MERITAGE HOMES CORP COM 59001A102 $37,263 677,995 SH SOLE 677,995 ------------------- -------- ----------- ---------- ---------- -- ------ ------ -------- --------- ----------- ------ ------ NCR CORP NEW COM 62886E108 $114,263 2,734,222 SH SOLE 2,734,222 ------------------- -------- ----------- ---------- ---------- -- ------ ------ -------- --------- ----------- ------ ------ NABI BIOPHARMACEUTICALS COM 629519109 $3,863 685,000 SH SOLE 685,000 ALS ------------------- -------- ----------- ---------- ---------- -- ------ ------ -------- --------- ----------- ------ ------ NEWS CORP CL A 65248E203 $129,799 7,814,500 SH SOLE 7,814,500 ------------------- -------- ----------- ---------- ---------- -- ------ ------ -------- --------- ----------- ------ ------ NEWS CORP CL B 65248E203 $29,466 1,678,000 SH SOLE 1,678,000 ------------------- -------- ----------- ---------- ---------- -- ------ ------ -------- --------- ----------- ------ ------ NOKIA CORP SPONS 654902204 $187,485 9,048,491 SH SOLE 9,048,491 -ORED ADR ------------------- -------- ----------- ---------- ---------- -- ------ ------ -------- --------- ----------- ------ ------ NRG ENERGY COM NEW 629377508 $148,566 3,285,400 SH SOLE 3,285,400 ------------------- -------- ----------- ---------- ---------- -- ------ ------ -------- --------- ----------- ------ ------ NTL INC DEL COM 62940M104 $363,172 12,475,847 SH SOLE 12,475,847 ------------------- -------- ----------- ---------- ---------- -- ------ ------ -------- --------- ----------- ------ ------ OMI CORP NEW COM Y6476W104 $99,589 5,526,566 SH SOLE 5,526,566 ------------------- -------- ----------- ---------- ---------- -- ------ ------ -------- --------- ----------- ------ ------ ORACLE CORP COM 68389X105 $94,019 6,867,743 SH SOLE 6,867,743 ------------------- -------- ----------- ---------- ---------- -- ------ ------ -------- --------- ----------- ------ ------ POWERWAVE TECHNOLOGIES INC COM 739363109 $15,502 1,149,123 SH SOLE 1,149,123 ------------------- -------- ----------- ---------- ---------- -- ------ ------ -------- --------- ----------- ------ ------ PRECISION DRILLING TR TR UNIT 740215108 $49,542 1,531,900 SH SOLE 1,531,900 ------------------- -------- ----------- ---------- ---------- -- ------ ------ -------- --------- ----------- ------ ------

GLENVIEW CAPITAL MANAGEMENT, LLC FORM 13F Quarter Ended March 31, 2006 ------------------------------------------------------------------------------------------------------------------------------------ NAME OF ISSUER CLASS VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY -------------- ----- ----- ------- --- ---- ---------- ----- ---------------- TITLE CUSIP (X$1,000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE DEFINED SHARED ----- ----- --------- ------- --- ---- ---------- -------- ---- ------- ------ ------------------------------------------------------------------------------------------------------------------------------------ PRIMEDIA INC COM 74157K101 $23,730 11,463,900 SH SOLE 11,463,900 ------------------- -------- ----------- ---------- ---------- -- ------ ------ -------- --------- ----------- ------ ------ RELIANT ENERGY INC COM 75952B105 $321,471 30,384,829 SH SOLE 30,384,829 ------------------- -------- ----------- ---------- ---------- -- ------ ------ -------- --------- ----------- ------ ------ RETAIL VENTURES INC COM 76128Y102 $28,820 1,965,900 SH SOLE 1,965,900 ------------------- -------- ----------- ---------- ---------- -- ------ ------ -------- --------- ----------- ------ ------ RESEARCH IN MOTION LTD COM 760975102 $6,739 79,400 SH PUT SOLE 79,400 ------------------- -------- ----------- ---------- ---------- -- ------ ------ -------- --------- ----------- ------ ------ RITE AID COM 767754104 $104,844 26,210,996 SH SOLE 26,210,996 ------------------- -------- ----------- ---------- ---------- -- ------ ------ -------- --------- ----------- ------ ------ SANDISK CORP COM 80004C101 $28,760 500,000 SH PUT SOLE 500,000 ------------------- -------- ----------- ---------- ---------- -- ------ ------ -------- --------- ----------- ------ ------ SARA LEE CORP COM 803111103 $4,470 250,000 SH CALL SOLE 250,000 ------------------- -------- ----------- ---------- ---------- -- ------ ------ -------- --------- ----------- ------ ------ SPRINT NEXTEL CORP COM FON 852061100 $375,723 14,540,369 SH SOLE 14,540,368 ------------------- -------- ----------- ---------- ---------- -- ------ ------ -------- --------- ----------- ------ ------ SPRINT NEXTEL CORP COM FON 852061100 $19,380 750,000 SH CALL SOLE 750,000 ------------------- -------- ----------- ---------- ---------- -- ------ ------ -------- --------- ----------- ------ ------ TAKE-TWO INTERACTIVE SOFTWAR COM 874054109 $147,104 7,883,372 SH SOLE 7,883,372 ------------------- -------- ----------- ---------- ---------- -- ------ ------ -------- --------- ----------- ------ ------ TEVA PHARMACEUTICAL INDS LTD ADR 881624209 $240,668 5,844,299 SH SOLE 5,844,299 ------------------- -------- ----------- ---------- ---------- -- ------ ------ -------- --------- ----------- ------ ------ TOLL BROTHERS INC COM 889478103 $32,311 933,024 SH SOLE 933,024 ------------------- -------- ----------- ---------- ---------- -- ------ ------ -------- --------- ----------- ------ ------ TXU CORP COM 873168108 $173,266 3,871,000 SH SOLE 3,871,000 ------------------- -------- ----------- ---------- ---------- -- ------ ------ -------- --------- ----------- ------ ------ TYCO INTL LTD NEW COM 902124106 $32,930 1,225,060 SH SOLE 1,225,060 ------------------- -------- ----------- ---------- ---------- -- ------ ------ -------- --------- ----------- ------ ------ TYCO INTL LTD NEW COM 902124106 $80,640 3,000,000 SH CALL SOLE 3,000,000 ------------------- -------- ----------- ---------- ---------- -- ------ ------ -------- --------- ----------- ------ ------ WALGREEN CO COM 931422109 $151,371 3,509,637 SH SOLE 3,509,637 ------------------- -------- ----------- ---------- ---------- -- ------ ------ -------- --------- ----------- ------ ------ WILLIS GROUP HOLDINGS LTD SHS G96655108 $31,002 904,900 SH SOLE 904,900 ------------------- -------- ----------- ---------- ---------- -- ------ ------ -------- --------- ----------- ------ ------

GLENVIEW CAPITAL MANAGEMENT, LLC FORM 13F Quarter Ended March 31, 2006 ------------------------------------------------------------------------------------------------------------------------------------ NAME OF ISSUER CLASS VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY -------------- ----- ----- ------- --- ---- ---------- ----- ---------------- TITLE CUSIP (X$1,000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE DEFINED SHARED ----- ----- --------- ------- --- ---- ---------- -------- ---- ------- ------ ------------------------------------------------------------------------------------------------------------------------------------ XEROX CORP COM 984121103 $101,924 6,705,552 SH SOLE 6,705,552 ------------------- -------- ----------- ---------- ---------- -- ------ ------ -------- --------- ----------- ------ ------ YRC WORLDWIDE INC COM 984249102 $183,815 4,829,618 SH SOLE 4,829,618 ------------------- -------- ----------- ---------- ---------- -- ------ ------ -------- --------- ----------- ------ ------