To: AFed who wrote (50908 ) 2/14/2013 7:12:38 PM From: E_K_S Read Replies (1) | Respond to of 78958 Re: OSH It looks like three 13G froms were filed today as they were all filed Feb 14, 2013. Form SC 13G/A ORCHARD SUPPLY HARDWARE Filed by: ESL PARTNERS, L.P. Filed on: February 14, 2013.As of December 31, 2012, the Reporting Persons beneficially owned an aggregate of 1,963,133 Shares. Partners held 1,182,621 Shares; Institutional held 454 Shares; CRK held 32 Shares; and Mr. Lampert held 767,353 Shares; Tynan held 4,274 Shares; and Mr. Crowley held 5,391 Shares directly and 3,008 unvested restricted Shares directly. Form SC 13G/A ORCHARD SUPPLY HARDWARE Filed by: FAIRHOLME CAPITAL MANAGEMENT LLC Filed on: February 14, 2013.604,143 shares of Class A Common Stock, par value $0.01 per share, of Orchard Supply Hardware Stores Corporation are owned, in the aggregate, by Bruce R. Berkowitz ("Mr. Berkowitz") and various investment vehicles managed by Fairholme Capital Management, L.L.C. ("FCM") of which 592,993 are owned by The Fairholme Fund and 8,070 are owned by The Fairholme Allocation Fund, each a series of Fairholme Funds, Inc. Because Mr. Berkowitz, in his capacity as the Managing Member of FCM or as President of Fairholme Funds, Inc., has voting or dispositive power over all shares beneficially owned by FCM, he is deemed to have beneficial ownership of all such shares so reported herein. Form SC 13G/A ORCHARD SUPPLY HARDWARE Filed by: SAMANA CAPITAL, L.P. Filed on: February 14, 2013. (NOTE: 274,721 shares representing a 5.1% interest has granted ZBIE investments voting power) SC is the owner of record of the Common Stock reported herein. MH is the general partner of SC. On February 6, 2013, SC entered into an investment management agreement with ZBIE (the “IMA”), pursuant to which SC has granted ZBIE investment and voting control over the Common Stock reported herein. ZBIE is wholly-owned by ZBI. As a result thereof, each of ZBI and ZBIE may be deemed to beneficially own the Common Stock reported herein. In addition, each of MH and Philip B. Korsant may be deemed to beneficially own the Common Stock reported herein as a result of certain rights retained by SC under the IMA. ------------------------------------------------- Basically no change in ownership due to sales but ZBIE Investments obtains 5.1% voting rights that it otherwise did not hold. Maybe this is all positioning for some eventual "rights offering" as you suggested. Also not too happy to see the company bleeding off their real estate as this makes it a bit more difficult tp have earnings hit the bottom line. Still with the stores that were closed, they did obtain pretty good long term income streams. Re: ORCHARD SUPPLY (OSHSP) -OTC BB - Any idea what the terms are to this preferred or is it just superior to the OSH common. It is thinly traded and closed to day at $1.79/share. Thank you for your detailed response. I get the feeling that Lampert still has his fingers all over the common shares and that is something for me does not provide that warm and fuzzy feeling. Remember what he did to those K-Mart shareholders. It was not good. EKS