13F-HR 1 hbri2q05.txt BRICOLEUR CAPITAL MANAGEMENT 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, 2005 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: Bricoleur Capital Management, LLC Address: 12230 El Camino Real, Suite 100 San Diego, CA 92130 13F File Number: 28-06930 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: Christopher P. Nero Title: Administratior Phone: 800.750.5354 Signature, Place, and Date of Signing: /s/ Christopher P. Nero San Diego, CA August 01, 2005 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 Form13F Information Table Entry Total: 75 Form13F Information Table Value Total: $282,292 (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 ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- 99 CENTS ONLY STORES COM 65440K106 1 7000 SH CALL SOLE 7000 0 0 ALKERMES INC COM 01642T108 3391 256538 SH SOLE 256538 0 0 ALLIED DEFENSE GROUP INC COM 019118108 1657 72000 SH SOLE 72000 0 0 AMAZON COM INC COM 023135106 1 5700 SH CALL SOLE 5700 0 0 ANNTAYLOR STORES CORP COM 036115103 1 5500 SH CALL SOLE 5500 0 0 BENCHMARK ELECTRS INC COM 08160H101 3590 118000 SH SOLE 118000 0 0 BEST BUY INC COM 086516101 53 15700 SH CALL SOLE 15700 0 0 CALIFORNIA MICRO DEVICES COR COM 130439102 1251 220272 SH SOLE 220272 0 0 CARDIODYNAMICS INTL CORP COM 141597104 44 27498 SH SOLE 27498 0 0 CENTRA SOFTWARE INC COM 15234X103 2521 1260626 SH SOLE 1260626 0 0 CENTRAL FGHT LINES INC NEV COM 153491105 386 146808 SH SOLE 146808 0 0 CHENIERE ENERGY INC COM NEW 16411R208 79 40000 SH CALL SOLE 40000 0 0 CHROMCRAFT REVINGTON INC COM 171117104 659 48300 SH SOLE 48300 0 0 CROSSROADS SYS INC COM 22765D100 298 317347 SH SOLE 317347 0 0 D R HORTON INC COM 23331A109 8 34100 SH CALL SOLE 34100 0 0 D R HORTON INC COM 23331A109 74 36800 SH PUT SOLE 36800 0 0 DELL INC COM 24702R101 1 13600 SH CALL SOLE 13600 0 0 DIEDRICH COFFEE INC COM NEW 253675201 430 88720 SH SOLE 88720 0 0 DIRECT GEN CORP COM 25456W204 1097 58956 SH SOLE 58956 0 0 EDGEWATER TECHNOLOGY INC COM 280358102 4777 1088066 SH SOLE 1088066 0 0 ENDOLOGIX INC COM 29266S106 1451 321770 SH SOLE 321770 0 0 FINISH LINE INC CL A 317923100 5663 299300 SH SOLE 299300 0 0 FOSSIL INC COM 349882100 1 5800 SH CALL SOLE 5800 0 0 FOUR SEASONS HOTEL INC LTD VTG SH 35100E104 2 13700 SH CALL SOLE 13700 0 0 FPIC INS GROUP INC COM 302563101 17015 580136 SH SOLE 580136 0 0 GMX RES INC COM 38011M108 342 23800 SH SOLE 23800 0 0 GREY WOLF INC COM 397888108 1326 178900 SH SOLE 178900 0 0 HARLEY DAVIDSON INC COM 412822108 5 20200 SH CALL SOLE 20200 0 0 HEWLETT PACKARD CO COM 428236103 143 71000 SH PUT SOLE 71000 0 0 HIRSCH INTL CORP CL A 433550100 110 98513 SH SOLE 98513 0 0 HOT TOPIC INC COM 441339108 3658 191200 SH SOLE 191200 0 0 INFOCUS CORP COM 45665B106 2231 538856 SH SOLE 538856 0 0 INTEGRATED SILICON SOLUTION COM 45812P107 2374 320409 SH SOLE 320409 0 0 INTEL CORP COM 458140100 3 12500 SH CALL SOLE 12500 0 0 INTERNATIONAL GAME TECHNOLOG COM 459902102 0 2500 SH CALL SOLE 2500 0 0 KERR MCGEE CORP COM 492386107 219 55900 SH PUT SOLE 55900 0 0 LODGENET ENTMT CORP COM 540211109 674 40637 SH SOLE 40637 0 0 MCDERMOTT INTL INC COM 580037109 25 70000 SH CALL SOLE 70000 0 0 MENTOR GRAPHICS CORP COM 587200106 0 900 SH CALL SOLE 900 0 0 MERIX CORP COM 590049102 3623 619349 SH SOLE 619349 0 0 MESA AIR GROUP INC COM 590479101 8719 1299332 SH SOLE 1299332 0 0 MOVADO GROUP INC COM 624580106 17068 904037 SH SOLE 904037 0 0 MSC INDL DIRECT INC CL A 553530106 4107 121700 SH SOLE 121700 0 0 NASDAQ 100 TR UNIT SER 1 631100104 411 95500 SH PUT SOLE 95500 0 0 NEIMAN MARCUS GROUP INC CL A 640204202 1 2800 SH PUT SOLE 2800 0 0 NETWORK EQUIP TECHNOLOGIES COM 641208103 815 158000 SH SOLE 158000 0 0 NUVELO INC COM NEW 67072M301 8396 1086147 SH SOLE 1086147 0 0 O CHARLEYS INC COM 670823103 8488 480645 SH SOLE 480645 0 0 OPTIBASE LTD ORD M7524R108 2679 528441 SH SOLE 528441 0 0 ORTHOLOGIC CORP COM 68750J107 7913 2044612 SH SOLE 2044612 0 0 PACKAGING DYNAMICS CORP COM 695160101 7502 535913 SH SOLE 535913 0 0 PARADYNE NETWORKS INC COM 69911G107 14305 7903160 SH SOLE 7903160 0 0 PATTERSON COMPANIES INC COM 703395103 440 30600 SH PUT SOLE 30600 0 0 PETMED EXPRESS INC COM 716382106 8554 1109501 SH SOLE 1109501 0 0 PLAINS EXPL& PRODTN CO COM 726505100 2100 59100 SH SOLE 59100 0 0 PREFERRED BK LOS ANGELES CA COM 740367107 1280 32557 SH SOLE 32557 0 0 PROVIDENCE SVC CORP COM 743815102 10805 435145 SH SOLE 435145 0 0 REPUBLIC AWYS HLDGS INC COM 760276105 24868 1721000 SH SOLE 1721000 0 0 RYERSON TULL INC NEW COM 78375P107 3879 271800 SH SOLE 271800 0 0 SKYWEST INC COM 830879102 182 10000 SH SOLE 10000 0 0 SOUTHWEST AIRLS CO COM 844741108 119 31400 SH PUT SOLE 31400 0 0 STEPAN CO COM 858586100 1385 62668 SH SOLE 62668 0 0 SYCAMORE NETWORKS INC COM 871206108 1408 408243 SH SOLE 408243 0 0 TBC CORP NEW COM 872183108 3141 115779 SH SOLE 115779 0 0 TECHNICAL OLYMPIC USA INC COM 878483106 62155 2559944 SH SOLE 2559944 0 0 THRESHOLD PHARMACEUTICAL INC COM 885807107 2669 323457 SH SOLE 323457 0 0 VALEANT PHARMACEUTICALS INTL COM 91911X104 7591 430566 SH SOLE 430566 0 0 VENDINGDATA CORPORATION COM NEW 92261Q202 776 378664 SH SOLE 378664 0 0 VERITY INC COM 92343C106 11039 1258732 SH SOLE 1258732 0 0 VERITY INC COM 92343C106 0 7200 SH CALL SOLE 7200 0 0 VI TECHNOLOGIES INC COM NEW 917920209 248 45923 SH SOLE 45923 0 0 WALGREEN CO COM 931422109 5 20000 SH CALL SOLE 20000 0 0 WALGREEN CO COM 931422109 40 26300 SH PUT SOLE 26300 0 0 WESTERN GAS RES INC COM 958259103 19 124200 SH CALL SOLE 124200 0 0 WRIGLEY WM JR CO COM 982526105 1 5600 SH CALL SOLE 5600 0 0