0001085146-11-000863.txt : 20110811 0001085146-11-000863.hdr.sgml : 20110811 20110810214623 ACCESSION NUMBER: 0001085146-11-000863 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20110630 FILED AS OF DATE: 20110811 DATE AS OF CHANGE: 20110810 EFFECTIVENESS DATE: 20110811 FILER: COMPANY DATA: COMPANY CONFORMED NAME: BALESTRA CAPITAL LTD. CENTRAL INDEX KEY: 0001007446 IRS NUMBER: 132972945 STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-13493 FILM NUMBER: 111025813 BUSINESS ADDRESS: STREET 1: 58 WEST 40TH STREET CITY: NEW YORK STATE: NY ZIP: 10018 BUSINESS PHONE: (212) 768-9000 MAIL ADDRESS: STREET 1: 58 WEST 40TH STREET CITY: NEW YORK STATE: NY ZIP: 10018 FORMER COMPANY: FORMER CONFORMED NAME: BALESTRA CAPITAL LTD/ DATE OF NAME CHANGE: 19960208 13F-HR 1 hbal2q2011.txt BALESTRA CAPITAL LTD UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F Form 13F COVER PAGE Report for the Calendar Year or Quarter Ended: June 30, 2011 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: Balestra Capital Ltd. Address: 58 West 40th Street. 12th Floor New York, NY 10018 13F File Number: 028-13493 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: Andrew Marra, CFA, CPA Title: Chief Financial Officer Phone: 212-768-9000 Signature, Place, and Date of Signing: /s/ Andrew Marra New York, NY August 10, 2011 Report Type (Check only one.): [ X] 13F HOLDINGS REPORT. [ ] 13F NOTICE. [ ] 13F COMBINATION REPORT. FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 Form 13F Information Table Entry Total: 17 Form 13F Information Table Value Total: $302,127 (thousands) List of Other Included Managers: Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional managers with respect to which this report is filed, other than the manager filing this report. NONE FORM 13F INFORMATION TABLE VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- AMERICAN CAPITAL AGENCY CORP COM 02503X105 46753 1606078 SH SOLE 1606078 0 0 ANNALY CAP MGMT INC COM 035710409 17713 981884 SH SOLE 981884 0 0 CHEVRON CORP NEW COM 166764100 524 5100 SH SOLE 5100 0 0 ENERPLUS CORP COM 292766102 23226 736073 SH SOLE 736073 0 0 HATTERAS FINL CORP COM 41902R103 52263 1851317 SH SOLE 1851317 0 0 INVESCO MORTGAGE CAPITAL INC COM 46131B100 5585 264336 SH SOLE 264336 0 0 ISHARES TR MSCI EMERG MKT 464287234 7070 50500 SH PUT SOLE 50500 0 0 ISHARES TR BARCLYS 20+ YR 464287432 3632 49760 SH CALL SOLE 49760 0 0 POWERSHARES QQQ TRUST UNIT SER 1 73935A104 5891 43000 SH PUT SOLE 43000 0 0 SCIENTIFIC LEARNING CORP COM 808760102 225 72400 SH SOLE 72400 0 0 SELECT SECTOR SPDR TR SBI INT-FINL 81369Y605 3300 120000 SH PUT SOLE 120000 0 0 SELECT SECTOR SPDR TR SBI INT-INDS 81369Y704 4648 49451 SH PUT SOLE 49451 0 0 SELECT SECTOR SPDR TR SBI INT-UTILS 81369Y886 80836 2414450 SH SOLE 2414450 0 0 SPDR GOLD TRUST GOLD SHS 78463V107 12317 84365 SH SOLE 84365 0 0 SPDR GOLD TRUST GOLD SHS 78463V107 1705 13864 SH CALL SOLE 13864 0 0 SPDR S&P 500 ETF TR TR UNIT 78462F103 9845 79500 SH PUT SOLE 79500 0 0 SUNCOR ENERGY INC NEW COM 867224107 26594 680142 SH SOLE 680142 0 0