================================================================================ 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, 2013 -------------- 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: GLENHILL ADVISORS, LLC ----------------------------- Address: 600 FIFTH AVENUE, 11TH FLOOR ----------------------------- NEW YORK, NEW YORK 10020 ----------------------------- Form 13F File Number: 028-10461 --------- 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: Glenn J. Krevlin Title: Managing Member Phone: (646) 432-0600 SIGNATURE, PLACE, AND DATE OF SIGNING: /s/ GLENN J. KREVLIN New York, New York May 15, 2013 ------------------------ ------------------------ ------------------------ [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).) ================================================================================ FORM 13F SUMMARY PAGE REPORT SUMMARY: Number of Other Included Managers: 3 ----------- Form 13F Information Table Entry Total: 98 ----------- Form 13F Information Table Value Total: 747,086 ----------- (thousands) LIST OF OTHER INCLUDED MANAGERS: Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report. Form 13F No. File Number Name 01 028- 10911 Glenhill Capital Management, LLC ---- ------------ ----------------------------------- 02 028- 10962 Glenhill Capital Overseas GP, Ltd. ---- ------------ ----------------------------------- 03 028- 14598 Glenhill Capital Advisors, LLC ---- ------------ ----------------------------------- 2 FORM 13F INFORMATION TABLE COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 Value Shares 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 -------------- ---------------- ------------ -------- --------- --- ---- -------------- -------- ------ --------- ---- Autodesk Inc COM 052769 10 6 909 22,042 SH Shared-Defined 01, 03 Sole Autodesk Inc COM 052769 10 6 13,413 325,173 SH Shared-Defined 02, 03 Sole B/E Aerospace Inc COM 073302 10 1 551 9,137 SH Shared-Defined 01, 03 Sole B/E Aerospace Inc COM 073302 10 1 7,936 131,650 SH Shared-Defined 02, 03 Sole B/E Aerospace Inc CALL 073302 90 1 13 20 SH Call Shared-Defined 01, 03 Sole B/E Aerospace Inc CALL 073302 90 1 1,269 1,922 SH Call Shared-Defined 02, 03 Sole Bank Of America Corp COM 060505 10 4 1,315 107,976 SH Shared-Defined 01, 03 Sole Bloomin Brands Inc COM 094235 10 8 685 38,335 SH Shared-Defined 01, 03 Sole Bloomin Brands Inc COM 094235 10 8 7,902 442,420 SH Shared-Defined 02, 03 Sole China Pharma Hldgs Inc COM 16941T 10 4 58 200,000 SH Shared-Defined 01, 03 Sole China XD Plastics Co Ltd COM 16948F 10 7 1,607 401,627 SH Shared-Defined 01, 03 Sole China XD Plastics Co Ltd COM 16948F 10 7 496 124,052 SH Shared-Defined 02, 03 Sole China Yida Holdings Co COM PAR $0.0001 16945D 30 3 205 49,342 SH Shared-Defined 01, 03 Sole Concur Technologies Inc PUT 206708 95 9 144 770 SH Put Shared-Defined 02, 03 Sole Concur Technologies Inc PUT 206708 95 9 152 385 SH Put Shared-Defined 02, 03 Sole Constellation Brands Inc CL A 21036P 10 8 974 20,449 SH Shared-Defined 01, 03 Sole Constellation Brands Inc CL A 21036P 10 8 15,220 319,477 SH Shared-Defined 02, 03 Sole Covanta Hldg Corp COM 22282E 10 2 6,355 315,396 SH Shared-Defined 01, 03 Sole Covanta Hldg Corp COM 22282E 10 2 45,002 2,233,364 SH Shared-Defined 02, 03 Sole Destination XL Group Inc COM 25065K 10 4 7,792 1,530,881 SH Shared-Defined 01, 03 Sole Destination XL Group Inc COM 25065K 10 4 12,314 2,419,177 SH Shared-Defined 02, 03 Sole Dover Saddlery Inc COM 260412 10 1 3,400 918,983 SH Shared-Defined 02, 03 Sole Family Dlr Stores Inc COM 307000 10 9 1,855 31,417 SH Shared-Defined 01, 03 Sole Family Dlr Stores Inc CALL 307000 90 9 27 62 SH Call Shared-Defined 01, 03 Sole Family Dlr Stores Inc CALL 307000 90 9 2,742 6,231 SH Call Shared-Defined 02, 03 Sole FedEx Corp COM 31428X 10 6 2,752 28,021 SH Shared-Defined 01, 03 Sole FedEx Corp COM 31428X 10 6 42,891 436,769 SH Shared-Defined 02, 03 Sole Fifth & Pac Cos Inc COM 316645 10 0 5,147 272,595 SH Shared-Defined 01, 03 Sole Fifth & Pac Cos Inc COM 316645 10 0 29,374 1,555,826 SH Shared-Defined 02, 03 Sole Flow Intl Corp COM 343468 10 4 1,515 387,541 SH Shared-Defined 01, 03 Sole Gildan Activewear Inc COM 375916 10 3 145 3,625 SH Shared-Defined 01, 03 Sole Gildan Activewear Inc COM 375916 10 3 14,380 360,311 SH Shared-Defined 02, 03 Sole Grace W R & Co Del New COM 38388F 10 8 2,022 26,085 SH Shared-Defined 01, 03 Sole Grace W R & Co Del New COM 38388F 10 8 25,703 331,606 SH Shared-Defined 02, 03 Sole Grace W R & Co Del New CALL 38388F 90 8 8 10 SH Call Shared-Defined 01, 03 Sole Grace W R & Co Del New CALL 38388F 90 8 872 1,064 SH Call Shared-Defined 02, 03 Sole Hain Celestial Group Inc COM 405217 10 0 990 16,210 SH Shared-Defined 01, 03 Sole Hain Celestial Group Inc COM 405217 10 0 15,200 248,846 SH Shared-Defined 02, 03 Sole Hanesbrands Inc COM 410345 10 2 337 7,392 SH Shared-Defined 01, 03 Sole Hanesbrands Inc COM 410345 10 2 2,536 55,673 SH Shared-Defined 02, 03 Sole Harvest Natural Resources Inc COM 41754V 10 3 1,963 559,360 SH Shared-Defined 01, 03 Sole Harvest Natural Resources Inc COM 41754V 10 3 7,670 2,185,075 SH Shared-Defined 02, 03 Sole Jack In The Box Inc COM 466367 10 9 722 20,882 SH Shared-Defined 01, 03 Sole Jack In The Box Inc COM 466367 10 9 9,632 278,473 SH Shared-Defined 02, 03 Sole Jamba Inc COM 47023A 10 1 1,687 591,865 SH Shared-Defined 01, 03 Sole Jamba Inc COM 47023A 10 1 3,491 1,225,017 SH Shared-Defined 02, 03 Sole Liberty Global Inc COM SER C 530555 30 9 1,056 15,380 SH Shared-Defined 01, 03 Sole Liberty Global Inc COM SER C 530555 30 9 18,161 264,616 SH Shared-Defined 02, 03 Sole Lionbridge Technologies Inc COM 536252 10 9 3,303 853,365 SH Shared-Defined 01, 03 Sole Lionbridge Technologies Inc COM 536252 10 9 21,044 5,437,686 SH Shared-Defined 02, 03 Sole LJ Intl Inc ORD G55312 10 5 707 371,968 SH Shared-Defined 01, 03 Sole LKQ Corp COM 501889 20 8 573 26,347 SH Shared-Defined 01, 03 Sole LKQ Corp COM 501889 20 8 8,940 410,826 SH Shared-Defined 02, 03 Sole Mens Wearhouse Inc COM 587118 10 0 2,069 61,909 SH Shared-Defined 01, 03 Sole Mens Wearhouse Inc COM 587118 10 0 22,626 677,006 SH Shared-Defined 02, 03 Sole Meritor Inc COM 59001K 10 0 1,383 292,319 SH Shared-Defined 01, 03 Sole Meritor Inc COM 59001K 10 0 11,340 2,397,402 SH Shared-Defined 02, 03 Sole Meritor Inc CALL 59001K 90 0 266 2,529 SH Call Shared-Defined 01, 03 Sole Meritor Inc CALL 59001K 90 0 1,312 12,491 SH Call Shared-Defined 02, 03 Sole Microstrategy Inc CL A NEW 594972 40 8 260 2,575 SH Shared-Defined 01, 03 Sole Microstrategy Inc CL A NEW 594972 40 8 2,851 28,208 SH Shared-Defined 02, 03 Sole Monsanto Co New COM 61166W 10 1 1,552 14,689 SH Shared-Defined 01, 03 Sole Monsanto Co New COM 61166W 10 1 16,148 152,875 SH Shared-Defined 02, 03 Sole Motorola Solutions Inc COM NEW 620076 30 7 2,073 32,383 SH Shared-Defined 01, 03 Sole Motorola Solutions Inc COM NEW 620076 30 7 34,222 534,476 SH Shared-Defined 02, 03 Sole Nice Sys Ltd SPONSORED ADR 653656 10 8 269 7,295 SH Shared-Defined 01, 03 Sole Nice Sys Ltd SPONSORED ADR 653656 10 8 26,702 725,000 SH Shared-Defined 02, 03 Sole Pep Boys Manny Moe & Jack COM 713278 10 9 2,064 175,049 SH Shared-Defined 01, 03 Sole Pep Boys Manny Moe & Jack COM 713278 10 9 16,277 1,380,617 SH Shared-Defined 02, 03 Sole Progressive Waste Solutions COM 74339G 10 1 84 3,983 SH Shared-Defined 01, 03 Sole Progressive Waste Solutions COM 74339G 10 1 8,374 395,917 SH Shared-Defined 02, 03 Sole QKL Stores Inc COM 74732Y 30 3 129 19,245 SH Shared-Defined 01, 03 Sole Qualcomm Inc COM 747525 10 3 1,773 26,479 SH Shared-Defined 01, 03 Sole Qualcomm Inc COM 747525 10 3 16,675 249,107 SH Shared-Defined 02, 03 Sole Qualcomm Inc CALL 747525 90 3 6 39 SH Call Shared-Defined 01, 03 Sole Qualcomm Inc CALL 747525 90 3 689 4,500 SH Call Shared-Defined 02, 03 Sole Retail Opportunity *W EXP Invts Cor 10/23/2014 76131N 11 9 5,200 2,600,000 SH Shared-Defined 02, 03 Sole Retail Opportunity Invts Cor COM 76131N 10 1 2,905 207,249 SH Shared-Defined 01, 03 Sole Retail Opportunity Invts Cor COM 76131N 10 1 19,520 1,392,778 SH Shared-Defined 02, 03 Sole Rock-Tenn Co CL A 772739 20 7 464 4,998 SH Shared-Defined 01, 03 Sole Rock-Tenn Co CL A 772739 20 7 7,932 85,479 SH Shared-Defined 02, 03 Sole Sealed Air Corp New COM 81211K 10 0 5,676 235,420 SH Shared-Defined 01, 03 Sole Sealed Air Corp New COM 81211K 10 0 37,734 1,565,096 SH Shared-Defined 02, 03 Sole Sealed Air Corp New CALL 81211K 90 0 4,581 5,000 SH Call Shared-Defined 02, 03 Sole Sensata Technologies Hldg BV SHS N7902X 10 6 854 25,969 SH Shared-Defined 01, 03 Sole Sensata Technologies Hldg BV CALL N7902X 90 6 6 68 SH Call Shared-Defined 01, 03 Sole Sensata Technologies Hldg BV CALL N7902X 90 6 628 6,979 SH Call Shared-Defined 02, 03 Sole Starwood Ppty Tr Inc COM 85571B 10 5 5,240 188,764 SH Shared-Defined 01, 03 Sole Starwood Ppty Tr Inc COM 85571B 10 5 20,110 724,432 SH Shared-Defined 02, 03 Sole SUPERVALU Inc COM 868536 10 3 1,927 382,313 SH Shared-Defined 01, 03 Sole SUPERVALU Inc COM 868536 10 3 30,349 6,021,573 SH Shared-Defined 02, 03 Sole TE Connectivity Ltd REG SHS H84989 10 4 1,169 27,890 SH Shared-Defined 01, 03 Sole TE Connectivity Ltd REG SHS H84989 10 4 17,058 406,815 SH Shared-Defined 02, 03 Sole TIBCO Software Inc COM 88632Q 10 3 2,298 113,700 SH Shared-Defined 01, 03 Sole TIBCO Software Inc COM 88632Q 10 3 35,827 1,772,318 SH Shared-Defined 02, 03 Sole Verint Sys Inc COM 92343X 10 0 1,478 40,450 SH Shared-Defined 01, 03 Sole Verint Sys Inc COM 92343X 10 0 20,236 553,650 SH Shared-Defined 02, 03 Sole Yongye Intl Inc COM 98607B 10 6 1,596 300,000 SH Shared-Defined 01, 03 Sole 3