0001085146-11-000585.txt : 20110513
0001085146-11-000585.hdr.sgml : 20110513
20110512205140
ACCESSION NUMBER: 0001085146-11-000585
CONFORMED SUBMISSION TYPE: 13F-HR
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20110331
FILED AS OF DATE: 20110513
DATE AS OF CHANGE: 20110512
EFFECTIVENESS DATE: 20110513
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: 11837535
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
hbal1q2011.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: March 31, 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 May 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: 18
Form 13F Information Table Value Total: $743,023 (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 55498 1904554 SH SOLE 1904554 0 0
ANNALY CAP MGMT INC COM 035710409 51244 2936600 SH SOLE 2936600 0 0
CHEVRON CORP NEW COM 166764100 548 5100 SH SOLE 5100 0 0
HATTERAS FINL CORP COM 41902R103 52591 1870245 SH SOLE 1870245 0 0
INVESCO MORTGAGE CAPITAL INC COM 46131B100 15295 700000 SH SOLE 700000 0 0
ISHARES TR S&P 100 IDX FD 464287101 7312 123200 SH SOLE 123200 0 0
ISHARES TR DJ SEL DIV INX 464287168 108375 2078950 SH SOLE 2078950 0 0
MARKET VECTORS ETF TR GOLD MINER ETF 57060U100 7524 16719 SH CALL SOLE 16719 0 0
POWERSHARES QQQ TRUST UNIT SER 1 73935A104 5208 42000 SH PUT SOLE 42000 0 0
SCIENTIFIC LEARNING CORP COM 808760102 226 72400 SH SOLE 72400 0 0
SELECT SECTOR SPDR TR SBI CONS STPLS 81369Y308 103667 3464831 SH SOLE 3464831 0 0
SELECT SECTOR SPDR TR SBI INT-INDS 81369Y704 4250 50000 SH PUT SOLE 50000 0 0
SELECT SECTOR SPDR TR SBI INT-UTILS 81369Y886 166002 5208750 SH SOLE 5208750 0 0
SPDR GOLD TRUST GOLD SHS 78463V107 10841 77515 SH SOLE 77515 0 0
SPDR GOLD TRUST GOLD SHS 78463V107 6284 13965 SH CALL SOLE 13965 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 5060 40000 SH PUT SOLE 40000 0 0
SPDR SERIES TRUST S&P DIVID ETF 78464A763 112250 2072950 SH SOLE 2072950 0 0
SUNCOR ENERGY INC NEW COM 867224107 30848 687965 SH SOLE 687965 0 0