Harbinger CapitalHarbinger Capital | 13F Hedge Fund HoldingsThis post is being written as part of HedgeFundBlogger.com’s Investment Securities Tool which analyzes the holdings of hedge fund managers.Harbinger Capital is a $13.8 Billion firm ran by Philip Falcone. Taken from StreetInsider, Harbinger is “a disciplined, value investor with an emphasis on intensive credit research. Its focus is on middle market companies that tend to be misunderstood or under-researched by the market. Investment approaches include:Restructuring/Bankruptcy, Turnaround, Liquidation, Event Driven, Capital Structure Arbitrage, Short Sale and Special Situations.” At one point during this year, they were up as much as 42% (more on that below).So, now that we’ve got a background on Harbinger Capital, let’s …

Harbinger Special Situation Fund, run by Philip Falcone, made the following significant buys and sells during the second quarter…

track these buys and those of other pros at:

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New Positions:

Yahoo

Sprint Nextel

Southern Union

RTI Metals

Peabody Energy

Nisource

Nicor

Media General

Cablevision

Added to Positions

Williams Sonoma

Owens Corning

Cleveland Cliffs

Ashland

Corn Products

Sell Positons

Wachovia Bank (PUTS)

Solutia