13F-HR/A 1 d13fhra.txt AMENDMENT NO. 1 TO 13F-HR UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 13F FORM 13F COVER PAGE Report for the Calendar Year or Quarter Ended: MARCH 31, 2001 Check here if Amendment [X]; Amendment Number: ___________ This Amendment (Check only one.): [ ] is a restatement. [ ] adds new holdings entries. Institutional Investment Manager Filing this Report: Name: CITADEL LIMITED PARTNERSHIP Address: 225 WEST WASHINGTON 9/TH/ FLOOR CHICAGO, IL 60606 13F File Number: 28-5912 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: GERALD A. BEESON Title: DIRECTOR OF FINANCE AND ACCOUNTING Phone: (312) 696-2121 Signature, Place, and Date of Signing: /S/ Gerald A. Beeson CHICAGO, ILLINOIS 05/15/01 ------------------------------- ----------------- -------- Gerald A. Beeson [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).) FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 Form 13F Information Table Entry Total: 901 Form 13F Information Table Value Total: $6,790,657 (thousands) List of Other Included Managers: NONE

TX-USAA TEXACO INC 1,455,781 66.40 1 96,663,858 881694103 57 Cmn - TXN-USAA TEXAS INSTRUMENTS 274,596 30.98 1 8,506,984 882508104 57 Cmn - TNUQZ01-USAA TGNT 5.0 STRIKE PUT 05/19/ 1,700 4.44 100 754,375 87959Y103 57 Opt (P) - TNUQU01-USAA TGNT 7.5 STRIKE PUT 05/19/ 1,750 7.13 100 1,246,875 87959Y103 57 Opt (P) - BSYS-USAA THE BISYS GROUP INC 10,815 53.44 1 577,927 55472104 57 Cmn - JOE-USAA THE ST JOE COS 10,100 22.81 1 230,381 790148100 57 Cmn - THOR404A-USAA THERMO CARDIOSYS 4.75% CON 1,554 87.50 10 1,359,750 88355KAA9 57 CB - TMO-USAA THERMO ELECTRON CORP 101,306 22.48 1 2,277,359 883556102 57 Cmn - TFT404A-USAA THERMO FIBERTEK 4.5% CB 2,000 90.63 10 1,812,500 88355WAA3 57 CB - TFT404S-USAA THERMO FIBERTEK 4.5% REG S 3,070 89.75 10 2,755,325 U8835NAA8 57 CB - TDW-USAA TIDEWATER 114,700 45.20 1 5,184,440 886423102 57 Cmn - 123,715,039 57 Total - TIE6P26-USAA TITANIUM METALS 6.625% CV 112,900 18.48 1 2,086,631 887381408 58 Pfd - KQTX01-USAA TKLC 22.5 STRIKE PUT 08/18 1,000 6.63 100 662,500 879101103 58 Opt (P) - TOM-USAA TOMMY HILFIGER CORP 47,900 12.85 1 615,515 G8915Z102 58 Cmn - TR-USAA TOOTSIE ROLL INDS INC 6,319 46.15 1 291,622 890516107 58 Cmn - TOS-USAA TOSCO CORP 1,784,907 42.76 1 76,322,623 891490302 58 Cmn - TSS-USAA TOTAL SYSTEM SERVICES INC 213,300 24.60 1 5,247,180 891906109 58 Cmn - TWR-USAA TOWER AUTOMOTIVE INC 28,850 10.73 1 309,561 891707101 58 Cmn - TRP-USAA TRANSCANADA PIPELINES LTD 11,300 12.23 1 138,199 893526103 58 Cmn - RIG020-USAA TRANSOCEAN 0% CB 5/24/20 122,800 58.69 10 72,072,507 893830AA7 58 CB - TXCC405-USAA TRANSWITCH CORP 4.5% CB DU 5,470 66.50 10 3,637,550 894065AB7 58 CB - TRI-USAA TRIAD HOSPS INC 26,300 28.25 1 742,975 89579K109 58 Cmn - TRB229-USAA TRIBUNE 2% EXCHG INTO AOL 355,200 97.92 1 34,780,047 896047305 58 Pfd - TRN-USAA TRINITY INDUSTRIES 13,600 19.50 1 265,200 896522109 58 Cmn - TNO-USAA TRUE NORTH COMMUNICATIONS 659,200 37.75 1 24,884,800 897844106 58 Cmn - 222,056,910 58 Total - TRW-USAA TRW INC 58,659 34.00 1 1,994,406 872649108 59 Cmn - TRY018-USAA TRY 0% DEB DUE 2/9/18 6,300 34.50 10 2,173,500 895927AB7 59 CB - TZA/ADR-USAA TV AZTECA SA DE CV - SPONS 19,400 7.40 1 143,560 901145102 59 Cmn - TXGH01-USAA TX 40.0 STRIKE CALL 07/21/ 10,000 26.55 100 26,550,000 881694103 59 Opt(C) - TYC020-USAA TYC 0% CB DUE 11/17/20 REG 262,400 73.57 10 193,035,912 902124AC0 59 CB - WPAMH02-USAA TYC 40.0 STRIKE PUT 01/19/ 2,200 4.50 100 990,000 902124106 59 Opt (Put- UAL-USAA UAL CORP. COMMON STOCK 43,200 33.05 1 1,427,760 902549500 59 Cmn - UDS-USAA ULTRAMAR DIAMOND SHAMROCK 20,200 36.18 1 730,836 904000106 59 Cmn - UN-USAA UNILEVER N V 4,319 52.64 1 227,352 904784709 59 Cmn - UPC-USAA UNION PLANTERS 13,079 38.49 1 503,411 908068109 59 Cmn - UIS-USAA UNISYS 217,223 14.00 1 3,041,122 909214108 59 Cmn - UPS-USAA UNITED PARCEL SERVICE 99,900 56.90 1 5,684,310 911312106 59 Cmn - URI-USAA UNITED RENTALS INC 33,800 16.33 1 551,954 911363109 59 Cmn - UNH-USAA UNITEDHEALTH GROUP INC 70,150 59.26 1 4,157,089 91324P102 59 Cmn - 241,211,211 59 Total - UHS-USAA UNIVERSAL HEALTH SERVICES 11,100 88.30 1 980,130 913903100 60 Cmn - UCL-USAA UNOCAL CORP 155,370 34.57 1 5,371,141 915289102 60 Cmn - USB-USAA US BANCORP 14,507 23.20 1 336,562 902973304 60 Cmn - USG-USAA USG CORP 85,000 15.28 1 1,298,800 903293405 60 Cmn - X-USAA USX CORP 116,850 14.69 1 1,716,527 90337T101 60 Cmn - MRO-USAA USX-MARATHON GROUP INC 91,944 26.95 1 2,477,891 902905827 60 Cmn - UCU902M-USAA UTILICORP UNITED INC 9.75% 50,200 34.70 1 1,741,940 918005877 60 Pfd - VCI-USAA VALASSIS COMMUNICATIONS IN 23,600 29.00 1 684,400 918866104 60 Cmn - VLO703M-USAA VALERO 7.75% MAND. CVT DUE 319,100 29.69 1 9,473,441 91821D107 60 Pfd - VRTS106-USAA VERITAS SOFTWARE 1.856% CB 100,098 141.96 10 142,097,453 92343RAA1 60 CB - VZ405A-USAA VERIZON COMM 4.25% EXCH IN 36,590 99.67 10 36,470,600 07785GAC4 60 CB - VZ405S-USAA VERIZON COMM 4.25% EXCH IN 45,500 99.92 10 45,465,274 92343V104 60 CB - VIA/B-USAA VIACOM, INC. - CLASS B 397,663 43.97 1 17,485,242 925524308 60 Cmn - VVI-USAA VIAD CORP 12,900 23.83 1 307,407 92552R109 60 Cmn - 265,906,807 60 Total - VYTL-USAA VIATEL INC CMN STOCK 314,600 0.56 1 176,963 925529208 61 Cmn - VCAP-USAA VIRGINIA CAP BANCSHARES 137,700 18.19 1 2,504,419 927758102 61 Cmn - VC-USAA VISTEON CORP 80,988 15.04 1 1,218,060 92839U107 61 Cmn - VTSS405-USAA VITESSE SEMI. 4% DUE 3/15/ 7,496 73.38 10 5,500,190 928497AB2 61 CB - VLORE01-USAA VLO 25.0 STRIKE PUT 06/16/ 200 10.85 100 217,000 91913Y100 61 Opt (P) - WHVMF02-USAA VOD 30.0 STRIKE PUT 01/19/ 600 5.75 100 345,000 92857W100 61 Opt (P) - WHVMI02-USAA VOD 45 STRIKE PUT 1/19/02 300 17.90 100 537,000 92857W100 61 Opt (P) - VOD/ADR-USAA VODAFONE GROUP PLC - SPON 93,600 27.15 1 2,541,240 92857W100 61 Cmn -

CITADEL LIMITED PARTNERSHIP 13F-HR/A