13F-HR 1 ft405.txt FIR TREE FORM 13F 4Q 05 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, 2005 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: Fir Tree, Inc. Address: 535 Fifth Avenue 31st Floor New York, New York 10017 13F File Number: 28- 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: Jeffrey D. Tannenbaum Title: President Phone: (212) 599-0090 Signature, Place, and Date of Signing: Jeffrey D. Tannenbaum New York, New York February 10, 2006 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: 0 Form13F Information Table Entry Total: 86 Form13F Information Table Value Total: $1,876,261 (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. NONE 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 ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- ALLSTATE CORP COM 020002101 708 13091 SH SOLE 13091 ALTRIA GROUP INC COM 02209S103 88028 1178100 SH PUT SOLE 1178100 ALTRIA GROUP INC COM 02209S103 130969 1752800 SH SOLE 1752800 AMERICAN INTL GROUP INC COM 026874107 47406 694800 SH SOLE 694800 AMGEN INC COM 031162100 441 5592 SH SOLE 5592 APPLE COMPUTER INC COM 037833100 230 3200 SH SOLE 3200 ARACRUZ CELULOSE S A SPON ADR PFD B 038496204 283 7065 SH SOLE 7065 ASHLAND INC NEW COM 044209104 324 5589 SH SOLE 5589 BANK OF AMERICA CORPORATION COM 060505104 24039 520890 SH SOLE 520890 BIOVAIL CORP COM 09067J109 219 9218 SH SOLE 9218 CAPITAL ONE FINL CORP COM 14040H105 376 4351 SH SOLE 4351 CHEVRON CORP NEW COM 166764100 574 10103 SH SOLE 10103 CITIGROUP INC COM 172967101 29690 611791 SH SOLE 611791 CLEAR CHANNEL COMMUNICATIONS COM 184502102 278 8840 SH SOLE 8840 COLD SPRING CAP INC *W EXP 11/11/200 192865111 1516 3989500 SH SOLE 3989500 COLD SPRING CAP INC COM 192865103 10626 2005000 SH SOLE 2005000 COMCAST CORP NEW CL A 20030N101 69561 2707700 SH SOLE 2707700 COMCAST CORP NEW CL A 20030N101 10276 400000 SH CALL SOLE 400000 COMCAST CORP NEW CL A SPL 20030N200 64800 2500000 SH SOLE 2500000 CONOCOPHILLIPS COM 20825C104 320 5492 SH SOLE 5492 CONSECO INC COM NEW 208464883 29247 1262300 SH SOLE 1262300 COUNTRYWIDE FINANCIAL CORP COM 222372104 603 17650 SH SOLE 17650 COURTSIDE ACQUISITION CORP *W EXP 06/29/200 22274N110 1335 2966100 SH SOLE 2966100 COURTSIDE ACQUISITION CORP COM 22274N102 8362 1614300 SH SOLE 1614300 COVANTA HLDG CORP COM 22282E102 3426 227507 SH SOLE 227507 DEVON ENERGY CORP NEW COM 25179M103 280 4482 SH SOLE 4482 EXELON CORP COM 30161N101 54734 1030000 SH SOLE 1030000 FIDELITY NATL FINL INC COM 316326107 626 17020 SH SOLE 17020 FORD MTR CO DEL COM PAR $0.01 345370860 82 10637 SH SOLE 10637 GENERAL MTRS CORP COM 370442105 20906 1076500 SH PUT SOLE 1076500 GOODYEAR TIRE & RUBR CO COM 382550101 215 12344 SH SOLE 12344 HEALTH NET INC COM 42222G108 395 7665 SH SOLE 7665 HEALTHCARE ACQUISITION CP NE COM 42224H104 7963 1118330 SH SOLE 1118330 HEALTHCARE ACQUISITION CP NE *W EXP 07/27/200 42224H112 321 206800 SH SOLE 206800 HEWLETT PACKARD CO COM 428236103 429 14991 SH SOLE 14991 HUMANA INC COM 444859102 331 6095 SH SOLE 6095 IPSCO INC COM 462622101 226 2724 SH SOLE 2724 JP MORGAN CHASE & CO COM 46625H100 23840 600649 SH SOLE 600649 KING PHARMACEUTICALS INC COM 495582108 394 23272 SH SOLE 23272 LENNAR CORP CL A 526057104 442 7243 SH SOLE 7243 LEVEL 3 COMMUNICATIONS INC COM 52729N100 165 57646 SH SOLE 57646 LIBERTY GLOBAL INC COM SER A 530555101 26736 1188284 SH SOLE 1188284 LIBERTY GLOBAL INC COM SER C 530555309 29061 1370784 SH SOLE 1370784 LIBERTY MEDIA CORP NEW COM SER A 530718105 169429 21528461 SH SOLE 21528461 LOUISIANA PAC CORP COM 546347105 262 9525 SH SOLE 9525 LUCENT TECHNOLOGIES INC COM 549463107 52 19418 SH SOLE 19418 MARSH & MCLENNAN COS INC COM 571748102 210 6623 SH SOLE 6623 MCDONALDS CORP COM 580135101 73284 2173300 SH SOLE 2173300 MEDIMMUNE INC COM 584699102 206 5880 SH SOLE 5880 MERCK & CO INC COM 589331107 1224 38490 SH SOLE 38490 MICRON TECHNOLOGY INC COM 595112103 170 12781 SH SOLE 12781 MICROSOFT CORP COM 594918104 259 9904 SH SOLE 9904 NEWS CORP CL A 65248E104 59785 3844700 SH SOLE 3844700 NRG ENERGY INC COM NEW 629377508 21675 460000 SH PUT SOLE 460000 NRG ENERGY INC COM NEW 629377508 36000 764000 SH SOLE 764000 OFFICE DEPOT INC COM 676220106 220 7013 SH SOLE 7013 ORACLE CORP CALL 68389X905 18609 1524062 SH SOLE 1524062 PETROLEO BRASILEIRO SA PETRO SPONSORED ADR 71654V408 400 5619 SH SOLE 5619 PFIZER INC COM 717081103 420 18015 SH SOLE 18015 PHELPS DODGE CORP COM 717265102 358 2491 SH SOLE 2491 PIONEER NAT RES CO COM 723787107 9326 181900 SH SOLE 181900 PMI GROUP INC COM 69344M101 58118 1415100 SH PUT SOLE 1415100 PMI GROUP INC COM 69344M101 57683 1404500 SH SOLE 1404500 RADIAN GROUP INC COM 750236101 217 3706 SH SOLE 3706 RAYTHEON CO COM NEW 755111507 212 5284 SH SOLE 5284 REYNOLDS & REYNOLDS CO CL A 761695105 54786 574700 SH PUT SOLE 574700 RITE AID CORP COM 767754104 315 90563 SH SOLE 90563 SERVICES ACQUISITION CORP IN COM 817628100 14543 2036875 SH SOLE 2036875 SERVICES ACQUISITION CORP IN *W EXP 02/14/200 817628118 1497 1870875 SH SOLE 1870875 SKYWEST INC COM 830879102 248 9231 SH SOLE 9231 SOVEREIGN BANCORP INC COM 845905108 31781 1470000 SH PUT SOLE 1470000 SPRINT NEXTEL CORP COM FON 852061100 79033 3383264 SH SOLE 3383264 TENET HEALTHCARE CORP COM 88033G100 11015 1438000 SH PUT SOLE 1438000 TESORO CORP COM 881609101 361 5872 SH SOLE 5872 TIME WARNER INC COM 887317105 67528 3872000 SH SOLE 3872000 TXU CORP COM 873168108 180371 3593770 SH SOLE 3593770 TYCO INTL GROUP S A DBCV 3.125% 1/1 902118BG2 74009 54300000 PRN SOLE 54300000 TYCO INTL LTD NEW COM 902124106 82127 2845700 SH SOLE 2845700 U S G CORP COM NEW 903293405 419 6444 SH SOLE 6444 UNIBANCO-UNIAO DE BANCOS BRA GDR REP PFD UT 90458E107 202 3174 SH SOLE 3174 UNITEDHEALTH GROUP INC COM 91324P102 782 12586 SH SOLE 12586 VALERO ENERGY CORP NEW COM 91913Y100 293 5682 SH SOLE 5682 VIACOM INC CL A 925524100 58308 1788595 SH SOLE 1788595 WAL MART STORES INC COM 931142103 268 5719 SH SOLE 5719 WASHINGTON MUT INC COM 939322103 19294 443537 SH SOLE 443537 XEROX CORP COM 984121103 179 12234 SH SOLE 12234