-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, PPUosWT/TYABYaBp+yx9Ud1a+JJ2XDQ6+ToPhZY6/56EM/Ev5aiV7fzLsAkHPQRf bJlU7r7V4li8dkDE8YTMsw== 0001140361-09-004031.txt : 20090213 0001140361-09-004031.hdr.sgml : 20090213 20090213155014 ACCESSION NUMBER: 0001140361-09-004031 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20081231 FILED AS OF DATE: 20090213 DATE AS OF CHANGE: 20090213 EFFECTIVENESS DATE: 20090213 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Palo Alto Investors, LLC CENTRAL INDEX KEY: 0001306923 IRS NUMBER: 770558164 STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-11013 FILM NUMBER: 09603139 BUSINESS ADDRESS: STREET 1: 470 UNIVERSITY AVE CITY: PALO ALTO STATE: CA ZIP: 94301 BUSINESS PHONE: 650-325-0772 MAIL ADDRESS: STREET 1: 470 UNIVERSITY AVE CITY: PALO ALTO STATE: CA ZIP: 94301 13F-HR 1 form13f.txt PALO ALTO INVESTORS 13F-HR 12-31-2008 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, 2008 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: Palo Alto Investors, LLC ----------------------------------------------------- Address: 470 University Avenue Palo Alto, CA 94301 ----------------------------------------------------- Form 13F File Number: 28-10266 -------- 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: /s/ Mark Shamia ------------------------------------ Title: Chief Operating Officer ------------------------------------ Phone: (650) 325-0772 ------------------------------------ Signature, Place, and Date of Signing: /s/ Mark Shamia Palo Alto, CA 2/10/2009 - ---------------------- ------------- ---------- [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).) List of Other Managers Reporting for this Manager: [If there are no entries in this list, omit this section.] 13F File Number Name 28-____________ ________________________________________ [Repeat as necessary.] Form 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 ----------- Form 13F Information Table Entry Total: 64 ----------- Form 13F Information Table Value Total: $875,846 ----------- (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. [If there are no entries in this list, state "NONE" and omit the column headings and list entries.] 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 - ------------------------------ ---------------- --------- -------- -------- --- ---- ------- -------- -------- ------ ---- Actuate Corporation COM 00508B102 134 45434 SH SOLE 45434 0 0 Airvana Inc. COM 00950v101 4139 676243 SH SOLE 676243 0 0 Akamai Technologies, Inc. COM 00971T101 5419 359124 SH SOLE 359124 0 0 Align Technology, Inc. COM 162551014 3232 369400 SH SOLE 369400 0 0 Allergan Inc COM 018490102 9367 232315 SH SOLE 232315 0 0 Allis-Chalmers Energy Inc. COM 196455067 15806 2873874 SH SOLE 2873874 0 0 AMAG Pharmaceuticals, Inc. COM 00163u106 32653 910829 SH SOLE 910829 0 0 Amicus Therapeutics, Inc. COM 03152W109 24060 3014998 SH SOLE 3014998 0 0 Arena Resources COM 400491080 21770 775000 SH SOLE 775000 0 0 Auxilium Pharmaceuticals, Inc. COM 05334D107 73855 2596886 SH SOLE 2596886 0 0 Biogen IDEC Inc. COM 09062X103 15159 318268 SH SOLE 318268 0 0 Biomarin Pharmaceuticals, Inc COM 09061G101 22131 1243315 SH SOLE 1243315 0 0 Biomimetic Therapeutics, Inc. COM 09064X101 9329 1011855 SH SOLE 1011855 0 0 BroadVision, Inc. COM 111412607 8258 743945 SH SOLE 743945 0 0 Cache, Inc COM 127150308 1825 903278 SH SOLE 903278 0 0 Canadian Superior Energy Inc. COM 136644101 14404 15002500 SH SOLE 15002500 0 0 Celgene Corp COM 151020104 5854 105900 SH SOLE 105900 0 0 Ceragon Networks Ltd. COM M22013102 9245 1830600 SH SOLE 1830600 0 0 Cogo Group Inc. COM 192448108 1822 375000 SH SOLE 375000 0 0 Cubist Pharma COM 229678107 20239 837715 SH SOLE 837715 0 0 Cyberonics, Inc. COM 23251P102 67667 4083722 SH SOLE 4083722 0 0 Data Domain COM 23767P109 1645 87500 SH SOLE 87500 0 0 Demandtec COM 24802R506 128 15900 SH SOLE 15900 0 0 ev3 Inc COM 26928A200 13045 2138580 SH SOLE 2138580 0 0 Evergreen Solar, Inc. 4% Due NOTE 30033RAC2 10656 34794000 SH SOLE 34794000 0 0 7/15/2013 F5 Networks, Inc. COM 315616102 7448 325800 SH SOLE 325800 0 0 Frontier Oil Corporation COM 35914P105 3423 271000 SH SOLE 271000 0 0 Gastar Exploration Limited COM 367299104 10316 30866612 SH SOLE 30866612 0 0 Genentech Inc COM 368710406 4984 60115 SH SOLE 60115 0 0 Genzyme Corporation COM 372917104 6679 100628 SH SOLE 100628 0 0 Gigamedia Limited COM Y2711Y104 11299 2006941 SH SOLE 2006941 0 0 GMX Resources COM 38011M108 5380 212500 SH SOLE 212500 0 0 Guaranty Bancorp COM 40075t102 1598 798900 SH SOLE 798900 0 0 IDM Pharma Inc. COM 449394105 15730 9955857 SH SOLE 9955857 0 0 Intel Corp COM 458140100 1026 70000 SH SOLE 70000 0 0 Intuitive Surgical Inc. COM 46120e602 3657 28800 SH SOLE 28800 0 0 Limelight Networks, Inc. COM 53261M104 13835 5646873 SH SOLE 5646873 0 0 Martek Biosciences Corp COM 572901106 546 18000 SH SOLE 18000 0 0 Medicis Pharmaceutical Corp. COM 584690309 24372 1753415 SH SOLE 1753415 0 0 Medivation, Inc. COM 58501n101 19656 1349064 SH SOLE 1349064 0 0 Momenta Pharmaceuticals, Inc. COM 60877T100 13687 1179908 SH SOLE 1179908 0 0 Northern Oil and Gas COM 665531109 4819 1930700 SH SOLE 1930700 0 0 NxStage Medical, Inc. COM 67072V103 1372 513877 SH SOLE 513877 0 0 Onyx Pharmaceuticals, Inc. COM 683399109 94090 2754385 SH SOLE 2754385 0 0 Peets Coffee & Tea, Inc COM 705560100 26191 1126475 SH SOLE 1126475 0 0 Petrohawk Energy COM 716495106 7815 500000 SH SOLE 500000 0 0 Petroquest Energy Inc. COM 716748108 4732 700000 SH SOLE 700000 0 0 Plains Exploration & COM 726505100 18708 805000 SH SOLE 805000 0 0 Production Company Questcor Pharmaceuticals COM 74835Y101 8071 866957 SH SOLE 866957 0 0 Riverbed Technology, Inc. COM 768573107 569 50000 SH SOLE 50000 0 0 Savient Pharmaceuticals, Inc. COM 80517Q100 21184 3658682 SH SOLE 3658682 0 0 Shire Ltd-ADR COM 82481R106 10858 242480 SH SOLE 242480 0 0 Spreadtrum Communications COM 849415203 294 297200 SH SOLE 297200 0 0 Superior Energy Services Inc COM 868157108 17921 1125000 SH SOLE 1125000 0 0 T-3 Energy Services, Inc. COM 87306E107 5192 550000 SH SOLE 550000 0 0 The9 Limited COM 88337K104 17082 1282450 SH SOLE 1282450 0 0 Toreador Resources Corporation COM 891050106 10468 1906800 SH SOLE 1906800 0 0 Triangle Petroleum Corporation COM 89600B102 2655 14751350 SH SOLE 14751350 0 0 Unica Corporation COM 904583101 12691 2315864 SH SOLE 2315864 0 0 United Therapeutics Corp COM 91307C102 22724 363295 SH SOLE 363295 0 0 Vanda Pharma COM 921659108 920 1839233 SH SOLE 1839233 0 0 ViroPharma Incorporated COM 928241108 41915 3219256 SH SOLE 3219256 0 0 Western Alliance Bancorp COM 957638109 5136 509000 SH SOLE 509000 0 0 Xtreme Coil Drilling Corp. COM 98417D102 4961 3931900 SH SOLE 3931900 0 0
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