Baupost 13F 4Q09 vs 1Q10

Stock Shares Held - 12/31/2009 Shares Held - 03/31/2010 Change in shares

ADCT 0 5,000,000 5,000,000
AOI 8,800,000 8,800,000 0
BBEP 8,495,939 8,495,939 0
CIT 2,582,186 0 (2,582,186)
CSE PRN 48,298,000 48,298,000 0
CSE 20,278,400 20,278,400 0
DTV 1,617,471 1,617,471 0
ELOS 1,500,000 1,500,000 0
ENZN 8,082,400 9,203,100 1,120,700
FACT 3,506,875 2,000,000 (1,506,875)
FYR-WT 2,250,000 0 (2,250,000)
ITRN 1,721,066 1,721,066 0
LSTZA 422,216 422,216 0
MGAM 2,600,000 2,600,000 0
NWSA 24,450,000 23,140,000 (1,310,000)
SLRC 0 2,010,973 2,010,973
THRX PRN 41,500,000 51,000,000 9,500,000
THRX 10,100,000 13,000,000 2,900,000
UFS 2,900,000 2,676,927 (223,073)
VOXX 1,797,286 1,713,686 (83,600)
VSAT 4,915,901 8,706,700 3,790,799
% Change in Shares
New
0.00%
0.00%
-100.00%
0.00%
0.00%
0.00%
0.00%
13.87%
-42.97%
-100.00%
0.00%
0.00%
0.00%
-5.36%
New
22.89%
28.71%
-7.69%
-4.65%
77.11%