-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, Jhsq41s1PKGvdWD4/FKfxY+GIUqnlfKO+lSlYDRI88Y9VTbX08Nxstb7xsjtKRDm VLgWHkn/e0FQaYxtwFQaPw== 0001085146-08-001011.txt : 20080814 0001085146-08-001011.hdr.sgml : 20080814 20080814162804 ACCESSION NUMBER: 0001085146-08-001011 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20080630 FILED AS OF DATE: 20080814 DATE AS OF CHANGE: 20080814 EFFECTIVENESS DATE: 20080814 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PACIFIC ASSETS MANAGEMENT LLC CENTRAL INDEX KEY: 0001074264 IRS NUMBER: 943298989 STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-07430 FILM NUMBER: 081019521 BUSINESS ADDRESS: STREET 1: 1999 AVENUE OF THE STARS #2530 CITY: LOS ANGELES STATE: CA ZIP: 90067 BUSINESS PHONE: 310-601-2800 MAIL ADDRESS: STREET 1: 1999 AVENUE OF THE STARS 2530 CITY: LOS ANGELES STATE: CA ZIP: 90067 FORMER COMPANY: FORMER CONFORMED NAME: PACIFIC ASSET MANAGEMENT LLC DATE OF NAME CHANGE: 19990326 13F-HR 1 pam2q08.txt PACIFIC ASSETS 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, 2008 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: Pacific Assets Management, LLC Address: 11601 Wilshire Blvd, Suite 2180 Los Angeles, CA 90025 13F File Number: 28-07430 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: Jonathan Glaser Title: Member Manager Phone: 310-601-2800 Signature, Place, and Date of Signing: /s/ Jonathan Glaser Los Angeles, CA August 11, 2008 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: 138 Form13F Information Table Value Total: $833,795 (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 - ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- 2020 CHINACAP ACQUIRCO INC COM 90212G109 5230 706800 PRN SOLE 706800 0 0 ADVANCED TECHNOLOGY ACQU COR *W EXP 06/18/201 007556111 192 724200 PRN SOLE 724200 0 0 ADVANCED TECHNOLOGY ACQU COR COM 007556103 7804 1031640 PRN SOLE 1031640 0 0 AFFILIATED MANAGERS GROUP COM 008252108 2909 32300 PRN SOLE 32300 0 0 AGCO CORP NOTE 1.250%12/1 001084AM4 8058 5500000 PRN SOLE 5500000 0 0 ALPHA SEC GROUP CORP COM 02078A100 277 28650 PRN SOLE 28650 0 0 ALTERNATIVE ASSET MGMT ACQU COM 02149U101 118 12714 PRN SOLE 12714 0 0 ALTERNATIVE ASSET MGMT ACQU *W EXP 08/01/201 02149U119 34 88300 PRN SOLE 88300 0 0 ALYST ACQUISTION CORP COM 02263A105 3730 495400 PRN SOLE 495400 0 0 AMERICAN TOWER CORP NOTE 3.000% 8/1 029912AR3 15730 7500000 PRN SOLE 7500000 0 0 APEX BIOVENTURES ACQ CORP *W EXP 06/07/201 03753Q113 42 384000 PRN SOLE 384000 0 0 APEX BIOVENTURES ACQ CORP COM 03753Q105 5936 796766 PRN SOLE 796766 0 0 ARCHER DANIELS MIDLAND CO UNIT 99/99/9999 039483201 8220 187500 PRN SOLE 187500 0 0 ASIA SPECIAL SIT ACQST CORP SHS G0538M105 4260 462500 PRN SOLE 462500 0 0 AUGUSTA RES CORP COM NEW 050912203 2809 491992 PRN SOLE 491992 0 0 BECKMAN COULTER INC COM 075811109 670 9916 PRN SOLE 9916 0 0 BPZ RESOURCES INC COM 055639108 40600 4058 PRN CALL SOLE 0 0 0 CAPITALSOURCE INC NOTE 7.250% 7/1 14055XAG7 5618 7000000 PRN SOLE 7000000 0 0 CAPITOL ACQUISITION CORP DEL *W EXP 11/08/201 14055E112 142 230500 PRN SOLE 230500 0 0 CAPITOL ACQUISITION CORP DEL COM 14055E104 5159 552900 PRN SOLE 552900 0 0 CENTURY ALUM CO NOTE 1.750% 8/0 156431AE8 13766 6250000 PRN SOLE 6250000 0 0 CEPHALON INC NOTE 6/1 156708AK5 10112 9014000 PRN SOLE 9014000 0 0 CHESAPEAKE ENERGY CORP NOTE 2.750%11/1 165167BW6 61551 34100000 PRN SOLE 34100000 0 0 CHINA HEALTHCARE ACQ CORP COM 16939Q104 2619 461895 PRN SOLE 461895 0 0 CHURCHILL VENTURES LTD *W EXP 03/01/201 17157P117 124 592698 PRN SOLE 592698 0 0 CHURCHILL VENTURES LTD COM 17157P109 6777 860000 PRN SOLE 860000 0 0 CLEAR CHANNEL COMMUNICATIONS COM 184502102 34900 3486 PRN CALL SOLE 0 0 0 CLEAR CHANNEL COMMUNICATIONS COM 184502102 15805 449000 PRN SOLE 449000 0 0 COLUMBUS ACQUISITION CORP *W EXP 05/18/201 198851115 87 340000 PRN SOLE 340000 0 0 COLUMBUS ACQUISITION CORP COM 198851107 2237 291900 PRN SOLE 291900 0 0 ENERGY INFRASTRUCTURE ACQUI COM 29269P109 703 71051 PRN SOLE 71051 0 0 ENERGY SVCS ACQUISITION CORP COM 29271Q103 1822 321290 PRN SOLE 321290 0 0 ENERGY XXI (BERMUDA) LTD COM SHS G10082108 8006 1156970 PRN SOLE 1156970 0 0 ENTERPRISE ACQUISITION CORP *W EXP 11/07/201 29365R116 219 364250 PRN SOLE 364250 0 0 ENTERPRISE ACQUISITION CORP COM 29365R108 7014 752550 PRN SOLE 752550 0 0 ENTERTAINMENT DIST CO INC COM 29382J105 61 124300 PRN SOLE 124300 0 0 GANNETT CO INC FRNT 7/1 364725AG6 21834 21900000 PRN SOLE 21900000 0 0 GENERAL MTRS CORP COM 370442105 6593 573280 PRN SOLE 573280 0 0 GENERAL MTRS CORP COM 370442105 4800 481 PRN CALL SOLE 0 0 0 GENERAL MTRS CORP DEB SR CONV B 370442733 98161 7154615 PRN SOLE 7154615 0 0 GENERAL MTRS CORP DEB SR CV C 33 370442717 10902 816600 PRN SOLE 816600 0 0 GENEVA ACQUISITION CORP *W EXP 02/12/201 37185Y112 4 29000 PRN SOLE 29000 0 0 GHL ACQUISITION CORP COM 36172H108 6045 650000 PRN SOLE 650000 0 0 GLOBAL BPO SVCS CORP COM 378981104 6582 860389 PRN SOLE 860389 0 0 GLOBAL BRANDS ACQUISITION CO *W EXP 12/06/201 378982110 34 54077 PRN SOLE 54077 0 0 GLOBAL BRANDS ACQUISITION CO COM 378982102 3488 375000 PRN SOLE 375000 0 0 GLOBAL CONSUMER ACQST CORP COM 378983100 650 70200 PRN SOLE 70200 0 0 GOLDEN POND HEALTHCARE INC COM 38116J109 201 27400 PRN SOLE 27400 0 0 GSC ACQUISITION COMPANY COM 40053G106 3292 350600 PRN SOLE 350600 0 0 HOSPITALITY PPTYS TR NOTE 3.800% 3/1 44106MAK8 5250 6250000 PRN SOLE 6250000 0 0 IDEATION ACQUISITION CORP *W EXP 11/19/201 451665111 84 276100 PRN SOLE 276100 0 0 IDEATION ACQUISITION CORP COM 451665103 2021 276100 PRN SOLE 276100 0 0 INFORMATION SERVICES GROUP I *W EXP 01/31/201 45675Y112 760 1766380 PRN SOLE 1766380 0 0 INSIGNIA SYS INC COM 45765Y105 353 212593 PRN SOLE 212593 0 0 INSITE VISION INC COM 457660108 1499 2766014 PRN SOLE 2766014 0 0 INTER ATLANTIC FINANCIAL INC COM 45890H100 4116 547280 PRN SOLE 547280 0 0 ISTAR FINL INC FRNT 10/0 45031UBF7 2454 3250000 PRN SOLE 3250000 0 0 JAZZ TECHNOLOGIES INC NOTE 8.000%12/3 47214EAA0 1360 2000000 PRN SOLE 2000000 0 0 JDS UNIPHASE CORP NOTE 1.000% 5/1 46612JAD3 8623 10950000 PRN SOLE 10950000 0 0 JETBLUE AIRWAYS CORP NOTE 3.500% 7/1 477143AB7 1000 1000000 PRN SOLE 1000000 0 0 KAPSTONE PAPER & PACKAGING C *W EXP 08/15/200 48562P111 1928 1089432 PRN SOLE 1089432 0 0 KBL HEALTHCARE ACQUIS CORP I COM 48241N107 3398 454935 PRN SOLE 454935 0 0 L-3 COMMUNICATIONS HLDGS INC COM 502424104 2354 25900 PRN SOLE 25900 0 0 LDK SOLAR CO LTD SPONSORED ADR 50183L107 1095 28900 PRN SOLE 28900 0 0 LEHMAN BROS HLDGS INC 7.25%CONV SR P 52523J453 15912 20000 PRN SOLE 20000 0 0 LEVEL 3 COMMUNICATIONS INC NOTE 2.875% 7/1 52729NBA7 1903 2219000 PRN SOLE 2219000 0 0 LEVEL 3 COMMUNICATIONS INC NOTE 3.500% 6/1 52729NBK5 8193 10115000 PRN SOLE 10115000 0 0 LEVEL 3 COMMUNICATIONS INC NOTE 5.250%12/1 52729NBF6 11356 12344000 PRN SOLE 12344000 0 0 LIBERTY MEDIA CORP NEW CAP COM SER A 53071M302 798 55432 PRN SOLE 55432 0 0 LUCENT TECHNOLOGIES INC DBCV 2.875% 6/1 549463AH0 7074 9000000 PRN SOLE 9000000 0 0 MAGUIRE PPTYS INC COM 559775101 1365 112167 PRN SOLE 112167 0 0 MAXTOR CORP NOTE 2.375% 8/1 577729AE6 7553 6000000 PRN SOLE 6000000 0 0 MBF HEALTHCARE ACQUISITION C *W EXP 04/16/201 552650111 50 192700 PRN SOLE 192700 0 0 MBF HEALTHCARE ACQUISITION C COM 552650103 1803 229100 PRN SOLE 229100 0 0 MEDIA & ENTMT HOLDINGS INC COM 58439W108 2040 268440 PRN SOLE 268440 0 0 MENTOR CORP MINN NOTE 2.750% 1/0 587188AC7 6239 5750000 PRN SOLE 5750000 0 0 MERRILL LYNCH & CO INC NOTE 3/1 590188W46 5100 5000000 PRN SOLE 5000000 0 0 NETEASE COM INC NOTE 7/1 64110WAB8 7245 4000000 PRN SOLE 4000000 0 0 NETWORK ENGINES INC COM 64121A107 710 607030 PRN SOLE 607030 0 0 NEURALSTEM INC COM 64127R302 17 11791 PRN SOLE 11791 0 0 NEXMED INC COM 652903105 138 106333 PRN SOLE 106333 0 0 NORTH AMERN INS LEADERS INC COM 65687M104 6882 867900 PRN SOLE 867900 0 0 NOVAMED INC DEL NOTE 1.000% 6/1 66986WAA6 1170 1500000 PRN SOLE 1500000 0 0 NOVAMERICAN STEEL INC *W EXP 03/07/201 66986M118 155 212383 PRN SOLE 212383 0 0 NOVAMERICAN STEEL INC COM 66986M100 34 11364 PRN SOLE 11364 0 0 NRDC ACQUISITION CORP COM 62941R102 1969 211000 PRN SOLE 211000 0 0 NTR ACQUISITION CO COM 629415100 6575 679221 PRN SOLE 679221 0 0 NTR ACQUISITION CO *W EXP 06/28/201 629415118 137 391900 PRN SOLE 391900 0 0 OIL STS INTL INC NOTE 2.375% 7/0 678026AB1 10506 5000000 PRN SOLE 5000000 0 0 OSI PHARMACEUTICALS INC NOTE 2.000%12/1 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802501114 13 89100 PRN SOLE 89100 0 0 SAPPHIRE INDUSTRIALS CORP COM 80306T109 3139 335700 PRN SOLE 335700 0 0 SAVVIS INC NOTE 3.000% 5/1 805423AA8 1881 2500000 PRN SOLE 2500000 0 0 SECURE AMER ACQUISITION CORP COM 81372L103 389 52450 PRN SOLE 52450 0 0 SIRIUS SATELLITE RADIO INC COM 82966U103 48 25000 PRN SOLE 25000 0 0 SIRIUS SATELLITE RADIO INC NOTE 3.250%10/1 82966UAD5 18879 23897000 PRN SOLE 23897000 0 0 SP ACQUISITION HOLDINGS INC COM 78470A104 1277 136724 PRN SOLE 136724 0 0 SPDR TR UNIT SER 1 78462F103 9998 78122 PRN SOLE 78122 0 0 SPORTS PPTYS ACQUISITION COR *W EXP 01/17/201 84920F115 327 595000 PRN SOLE 595000 0 0 SPORTS PPTYS ACQUISITION COR COM 84920F107 5563 595000 PRN SOLE 595000 0 0 STONELEIGH PARTNERS ACQUS CO COM 861923100 2976 387535 PRN SOLE 387535 0 0 STONELEIGH PARTNERS ACQUS CO *W EXP 05/31/201 861923126 175 411400 PRN SOLE 411400 0 0 SUMMER INFANT INC COM 865646103 254 59300 PRN SOLE 59300 0 0 SYBASE INC NOTE 1.750% 2/2 871130AB6 14161 11250000 PRN SOLE 11250000 0 0 TAILWIND FINL INC *W EXP 04/11/201 874023112 96 547400 PRN SOLE 547400 0 0 TAILWIND FINL INC COM 874023104 6587 833766 PRN SOLE 833766 0 0 THERMADYNE HLDGS CORP NEW COM PAR $0.01 883435307 402 27184 PRN SOLE 27184 0 0 TM ENTMT & MEDIA INC *W EXP 10/17/201 87260T116 46 93750 PRN SOLE 93750 0 0 TM ENTMT & MEDIA INC COM 87260T108 1473 200450 PRN SOLE 200450 0 0 TRANS-INDIA ACQUISITION CORP *W EXP 02/08/201 893237115 26 65200 PRN SOLE 65200 0 0 TRANS-INDIA ACQUISITION CORP COM 893237107 3927 515352 PRN SOLE 515352 0 0 TRANSFORMA ACQUISITION GROUP *W EXP 12/19/201 89366E118 8 28900 PRN SOLE 28900 0 0 TRANSFORMA ACQUISITION GROUP COM 89366E100 3878 493750 PRN SOLE 493750 0 0 TRANSOCEAN SEDCO FOREX INC NOTE 1.500%12/1 893830AV1 5820 5150000 PRN SOLE 5150000 0 0 TRANSOCEAN SEDCO FOREX INC NOTE 1.500%12/1 893830AW9 8721 7650000 PRN SOLE 7650000 0 0 TREMISIS ENERGY ACQ CORP II COM 89472N101 3887 519000 PRN SOLE 519000 0 0 UNION STREET ACQ CORP *W EXP 02/05/201 908536113 142 1232600 PRN SOLE 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