Ownership Submission
FORM 3
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
  WELLS FARGO & CO/MN
2. Date of Event Requiring Statement (Month/Day/Year)
12/28/2007
3. Issuer Name and Ticker or Trading Symbol
Thirty Eight Hundred Fund LLC [[NONE]]
(Last)
(First)
(Middle)
420 MONTGOMERY STREET, 
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director __X__ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

SAN FRANCISCO, CA 94163
6. Individual or Joint/Group Filing(Check Applicable Line)
___ Form filed by One Reporting Person
_X_ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Limited Liability Company Interests 5
I
See Footnote 1 (1)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(Month/Day/Year)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
WELLS FARGO & CO/MN
420 MONTGOMERY STREET
SAN FRANCISCO, CA 94163
    X    
WFC HOLDINGS CORP
420 MONTGOMERY STREET
SAN FRANCISCO, CA 94163
    X    
WELLS FARGO BANK N A
101 NORTH PHILLIPS STREET
SIOUX FALLS, SD 57104
    X    
Bitterroot Asset Management, Inc.
3800 HOWARD HUGHES PARKWAY
SUITE 900
LAS VEGAS, NV 89169-0925
    X    
Violet Asset Management, Inc.
3800 HOWARD HUGHES PARKWAY
SUITE 900
LAS VEGAS, NV 89169-0925
    X    
Pelican Asset Management, Inc.
3800 HOWARD HUGHES PARKWAY
SUITE 900
LAS VEGAS, NV 89169-0925
    X    
Iris Asset Management, Inc.
3800 HOWARD HUGHES PARKWAY
SUITE 900
LAS VEGAS, NV 89169-0925
    X    
IntraWest Asset Management, Inc.
3800 HOWARD HUGHES PARKWAY
SUITE 900
LAS VEGAS, NV 89169-0925
    X    
Thirty-Eight Hundred Investments LTD
3800 HOWARD HUGHES PARKWAY
SUITE 900
LAS VEGAS, NV 89169-0925
    X    

Signatures

/s/ John P. Schreiner, Attorney-in-Fact 02/27/2008
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) The securities are owned directly by Thirty-Eight Hundred Investments Limited, which is a wholly owned subsidiary of Bitterroot Asset Management, Inc., which is a wholly owned subsidiary of IntraWest Asset Management, Inc., which is a wholly owned subsidiary of Violet Asset Management, Inc., which is a wholly owned subsidiary of Pelican Asset Management, Inc., which is a wholly owned subsidiary of Iris Asset Management, Inc., which is a wholly owned subsidiary of Wells Fargo Bank, National Association, which is a wholly owned subsidiary of WFC Holdings Corporation, which is a wholly owned subsidiary of Wells Fargo & Company.

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