13F-HR 1 d40985e13fvhr.txt FORM 13F - HOLDINGS REPORT ------------------------------ OMB APPROVAL ------------------------------ OMB Number: 3235-0006 Expires: December 31, 2006 Estimated average burden hours per response............. 22.8 ------------------------------ UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 13F FORM 13F COVER PAGE Report for the Calendar Year or Quarter Ended: September 30, 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: Fountainhead Partners, L.P. Address: 2201 E. Lamar, Ste. 260 Arlington, TX 76006 From 13F File Number: 28-10642 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: L. Scott Rand Title: Chief Investment Officer Phone: 817-649-2100 Signature, Place, and Date of Signing: L. Scott Rand Arlington, TX November 6, 2006 ------------------------------------ [City] [Date] [Signature] 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: 37 Form 13F Information Table Value Total: 146,185 (thousands)

List of Other Included Managers Provide a number 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. NONE 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 -------------- -------------- ----- --------- -------- --- ---- ---------- -------- ----- ------ ----~~------------------------------------------~~ ~~Adaptec~~Advanta ~~Inc~~COMMON ~~NOTE~~CL ~~0.750%~~A ~~12/2023~~007942105 ~~00651FAG3~~440 212,~~438~~942 ~~3,000,000~~SH ~~PRN~~ SOLE N/A 312,~~000,000~~942 ~~Allied~~Aeropostale ~~Waste~~COMMON ~~Industries~~007865108 ~~SDCV 4.25% 4/15/2034 019589AD2 1~~2,~~269~~207 175,500~~,000~~ ~~PRN~~SH SOLE N/A 175,500~~,000~~ ~~Atmel~~Applied ~~Corp~~Materials COMMON ~~049513104~~038222105 47,~~838~~801 2440,~~050,~~000 SH SOLE N/A 2440,~~050,~~000 ~~Benchmark~~Aramark ~~Electronics~~Corp COMMON ~~08160H101~~CL 1B 038521100 3,~~704~~549 56108,000 SH SOLE N/A 56108,000 ~~Brinker~~Bally ~~Intl~~Total ~~Inc.~~Fitness COMMON ~~109641100~~05873K108 ~~641~~127 1684,000 SH SOLE N/A 1684,000 ~~Brocade~~Bandag ~~Systems~~Inc COMMON ~~111621108~~CL A 059815308 3,~~104~~753 ~~800~~108,000 SH SOLE N/A ~~800~~108,000 ~~Brocade~~Blockbuster ~~Systems~~COMMON ~~NOTE~~CL 2%A ~~1/2007~~093679108 ~~111621AB4 5~~4,~~768~~224 61,~~000~~100,000 ~~PRN~~SH SOLE N/A 61,~~000~~100,000 ~~Calpine~~Blockbuster ~~Corp.~~ COMMON ~~131347106~~CL 89B 26093679207 508 144,~~100~~000 SH SOLE N/A 26144,~~100~~000 ~~Celestica~~Charming ~~Inc~~Shoppes COMMON ~~15101Q108~~161133103 56,~~682~~503 ~~425~~455,~~000~~400 SH SOLE N/A ~~425~~455,~~000~~400 ~~Celestica~~Cisco ~~Inc~~Systems ~~NOTE~~COMMON ~~8/2020~~17275R102 ~~15101QAA6 20~~6,~~699~~434 36280,~~314,~~000 ~~PRN~~SH SOLE N/A 36280,~~314,~~000 ~~Comverse~~Culp ~~Technology~~Inc ~~DBCV~~COMMON ~~1.5%~~230215105 ~~12/2005 205862AJ4 18~~5,~~060~~754 181,~~335~~051,~~000~~900 ~~PRN~~SH SOLE N/A 181,~~335~~051,~~000~~900 ~~Culp~~Cypress ~~Inc~~Semiconductor COMMON ~~230215105~~232806109 2,~~860~~754 ~~650~~155,000 SH SOLE N/A ~~650~~155,000 ~~Department~~EMC 56Corp COMMON ~~249509100~~268648102 511,~~167~~860 ~~504~~990,~~100~~000 SH SOLE N/A ~~504~~990,~~100~~000 Extreme Networks NOTE 3.500% 12/2006 30226DAB2 1,~~457~~489 1,500,000 PRN SOLE N/A 1,500,000 Foundry Networks Inc COMMON 35063R100 56,~~431~~575 ~~630~~500,000 SH SOLE N/A ~~630~~500,000 ~~Freescale~~Gamestop ~~Semiconductor~~Corp ~~Inc.~~ COMMON ~~35687M107~~CL 3B 36467W208 1,~~782~~788 ~~180~~40,000 SH SOLE N/A ~~180~~40,000 ~~Gamestop~~Goodrich Corp COMMON ~~36466R101~~382388106 25,~~352~~106 71126,~~900~~000 SH SOLE N/A 71126,~~900~~000 ~~Gamestop~~Ingersoll-Rand ~~Corp~~Co Ltd COMMON CL BA ~~36466R200~~G4776G101 ~~14,989~~760 ~~501~~20,~~300~~000 ~~PRN~~SH SOLE N/A ~~501~~20,~~300~~000 ~~Griffon~~International Rectifier Corp NOTE 4.250% 7/~~2023~~2007 ~~398433AC6~~460254AE5 53,~~553~~950 54,000,000 PRN SOLE N/A 54,000,000 International ~~Rectifier~~Business ~~Corp~~Machines ~~NOTE~~COMMON 4.459200101 2,049 25%,000 7SH SOLE N/~~2007~~A ~~460254AE5~~25,000 3Labor Ready Inc COMMON 505401208 2,~~930~~676 4168,000~~,000~~ ~~PRN~~SH SOLE N/A 4168,000~~,000~~ ~~Invitrogen~~Liberty Media Holding Corp ~~NOTE~~CAP ~~2.25%~~COM ~~12/2006~~SER ~~46185RAD2~~B 153071M302 11,~~030~~783 1141,000~~,000~~ ~~PRN~~SH SOLE N/A 1141,000~~,000~~ ~~Maxtor~~Liberty Media Holding Corp ~~NOTE~~INT ~~6.8%~~COM ~~4/2010~~SER ~~577729AC0~~A ~~461~~53071M104 ~~500~~5,136 252,000 ~~PRN~~SH SOLE N/A ~~500~~252,000 ~~Mercury~~Lincare ~~Interactive~~COMMON ~~Corp~~532791100 ~~NOTE~~8,047 ~~4.75%~~232,300 7SH SOLE N/~~2007~~A ~~589405AB5~~232,300 ~~995~~Linear Technology Corp COMMON 535678106 1,~~004~~245 40,000 ~~PRN~~SH SOLE N/A 140,~~004~~000 Magma Design Automation COMMON 559181102 2,939 323,000 ~~Meristar~~SH ~~Hospitality~~SOLE ~~Corp~~N/A ~~NOTE~~323,000 9.Molex Inc COMMON CL A 608554200 5%,924 4180,000 SH SOLE N/~~2010~~A ~~58984YAJ2~~180,000 1Nasdaq 100 Tr COMMON 631100104 932 2,~~514~~700 1CALL SOLE N/A 2,~~200~~700 Oracle Corp COMMON 68389X105 3,477 196,000 ~~PRN~~SH SOLE N/A 1196,~~200,~~000 ~~Quantum~~Pier ~~Corp~~1 ~~NOTE~~Imports 4Inc Note 6.375% 82/115/~~2010~~2036 ~~747906AE5~~720279AH1 81,~~708~~437 91,~~000~~500,000 PRN SOLE N/A 91,~~000~~500,000 RFRadioshack ~~Micro~~Corp ~~Devices~~COMMON ~~NOTE~~750438103 1~~.5%~~,891 798,000 SH SOLE N/~~2010~~A ~~749941AE0~~98,000 3RTI International Metals COMMON 74973W107 2,~~701~~615 460,000~~,000~~ ~~PRN~~SH SOLE N/A 460,000 Staples COMMON 855030102 1,946 80,000 ~~Sanmina~~SH ~~SCI~~SOLE N/A 80,000 Symantec Corp COMMON ~~800907107~~871503108 26,~~079~~810 ~~380~~320,000 SH SOLE N/A ~~380~~320,000 ~~Sanmina~~Triad ~~SCI~~Hospitals ~~Corp~~COMMON ~~SDCV~~89579K109 ~~9/2020 800907AD9~~ 2,~~005~~642 360,~~670,~~000 ~~PRN~~SH SOLE N/A 360,~~670,~~000 ~~Skechers~~Triquint ~~USA~~Semiconductor ~~Inc~~ NOTE 4.50000% 43/2007 ~~830566AB1~~89674KAB9 ~~500~~4,959 ~~500~~5,000,000 PRN SOLE N/A ~~500~~5,000,000 ~~Wolverine~~Williams ~~Tube~~Sonoma ~~Inc.~~ COMMON ~~978093102~~969904101 34,~~480~~535 ~~592~~140,~~800~~000 SH SOLE N/A ~~592~~140,~~800~~000

Filing Compare · FOUNTAINHEAD PARTNERS LP