0001085146-11-000882.txt : 20110811 0001085146-11-000882.hdr.sgml : 20110811 20110811161516 ACCESSION NUMBER: 0001085146-11-000882 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20110630 FILED AS OF DATE: 20110811 DATE AS OF CHANGE: 20110811 EFFECTIVENESS DATE: 20110811 FILER: COMPANY DATA: COMPANY CONFORMED NAME: GRUSS ASSET MGMT LP CENTRAL INDEX KEY: 0001134628 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-06219 FILM NUMBER: 111027932 BUSINESS ADDRESS: STREET 1: 667 MADISON AVENUE STREET 2: 3RD FL CITY: 667 MNEW YORK STATE: NY ZIP: 10021 MAIL ADDRESS: STREET 2: 667 MADISON AVE 3RD FL CITY: NEW YORK STATE: NY ZIP: 10021 13F-HR 1 gram2q2011r.txt GRUSS ASSET 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, 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: Gruss Asset Management, LP Address: 667 Madison Avenue New York, NY 10065 13F File Number: 028-06219 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: Howard Guberman Title: Manager, Gruss Management, LLC, GP of Gruss Asset Management LP Phone: 212-688-1500 Signature, Place, and Date of Signing: /s/ Howard Guberman New York, NY August 05, 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: 50 Form 13F Information Table Value Total: $756,561 (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 ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- ABITIBIBOWATER INC COM NEW 003687209 339 16687 SH SOLE 16687 0 0 ALLIANCE DATA SYSTEMS CORP NOTE 4.750% 5/1 018581AC2 41559 20000000 PRN SOLE 20000000 0 0 AMERICAN INTL GROUP INC *W EXP 01/19/202 026874156 2040 200000 SH SOLE 200000 0 0 AMERICAN INTL GROUP INC COM NEW 026874784 10262 350000 SH SOLE 350000 0 0 BANK OF AMERICA CORPORATION *W EXP 10/28/201 060505153 2610 1500000 SH SOLE 1500000 0 0 BJS WHOLESALE CLUB INC COM 05548J106 25457 505600 SH CALL SOLE 505600 0 0 BP PLC SPONSORED ADR 055622104 35432 800000 SH SOLE 800000 0 0 CAPITALSOURCE INC COM 14055X102 9482 1470000 SH SOLE 1470000 0 0 CAPITOL FED FINL INC COM 14057J101 8078 686884 SH SOLE 686884 0 0 CBS CORP NEW CL A 124857103 10474 364075 SH SOLE 364075 0 0 CEPHALON INC NOTE 2.500% 5/0 156708AR0 73800 60000000 PRN SOLE 60000000 0 0 CHICOPEE BANCORP INC COM 168565109 1240 86703 SH SOLE 86703 0 0 CIT GROUP INC COM NEW 125581801 15004 339000 SH SOLE 339000 0 0 COLLECTIVE BRANDS INC COM 19421W100 7345 500000 SH SOLE 500000 0 0 COLONIAL FINL SVCS INC COM 19566B101 1020 80000 SH SOLE 80000 0 0 CONSTELLATION ENERGY GROUP I COM 210371100 57608 1517600 SH SOLE 1517600 0 0 EXCO RESOURCES INC COM 269279402 7060 400000 SH SOLE 400000 0 0 EXCO RESOURCES INC COM 269279402 8825 500000 SH CALL SOLE 500000 0 0 FAIRPOINT COMMUNICATIONS INC COM NEW 305560302 6944 754013 SH SOLE 754013 0 0 FEDFIRST FINL CORP NEW COM 31429C101 845 56738 SH SOLE 56738 0 0 FIRST ADVANTAGE BANCORP COM 31848L104 1159 90000 SH SOLE 90000 0 0 GRAMERCY CAP CORP COM 384871109 272 89816 SH SOLE 89816 0 0 HUBBELL INC CL A 443510102 13859 232410 SH SOLE 232410 0 0 LUBRIZOL CORP COM 549271104 100239 746550 SH SOLE 746550 0 0 MARATHON OIL CORP COM 565849106 21072 400000 SH CALL SOLE 400000 0 0 OBA FINL SVCS INC COM 67424G101 1163 78583 SH SOLE 78583 0 0 OCEAN SHORE HLDG CO NEW COM 67501R103 1691 140000 SH SOLE 140000 0 0 OMNIAMERICAN BANCORP INC COM 68216R107 2246 150000 SH SOLE 150000 0 0 PEOPLES FED BANCSHARES INC COM 711037101 2957 210000 SH SOLE 210000 0 0 PMI GROUP INC COM 69344M101 3210 3000000 SH SOLE 3000000 0 0 PMI GROUP INC NOTE 4.500% 4/1 69344MAK7 5066 10000000 PRN SOLE 10000000 0 0 PNC FINL SVCS GROUP INC *W EXP 12/31/201 693475121 1242 100000 SH SOLE 100000 0 0 RALCORP HLDGS INC NEW COM 751028101 47619 550000 SH SOLE 550000 0 0 REPLIGEN CORP COM 759916109 981 269500 SH SOLE 269500 0 0 ROCKVILLE FINL INC NEW COM 774188106 5871 593000 SH SOLE 593000 0 0 SANOFI RIGHT 12/31/2020 80105N113 3595 1491500 SH SOLE 1491500 0 0 SI FINL GROUP INC MD COM 78425V104 3182 315000 SH SOLE 315000 0 0 SOUTHERN UN CO NEW COM 844030106 40150 1000000 SH SOLE 1000000 0 0 STANDARD FINL CORP MD COM 853393106 1006 66163 SH SOLE 66163 0 0 TAM SA SP ADR REP PFD 87484D103 12516 573347 SH SOLE 573347 0 0 TEMPLE INLAND INC COM 879868107 29740 1000000 SH SOLE 1000000 0 0 TIMBERLAND CO CL A 887100105 41006 954284 SH SOLE 954284 0 0 UNITED FINANCIAL BANCORP INC COM 91030T109 2483 160900 SH SOLE 160900 0 0 UNITED STATES STL CORP NEW NOTE 4.000% 5/1 912909AE8 23863 15000000 PRN SOLE 15000000 0 0 VEECO INSTRS INC DEL COM 922417100 8599 177619 SH SOLE 177619 0 0 WALTER INVT MGMT CORP COM 93317W102 4438 200000 SH SOLE 200000 0 0 WELLS FARGO & CO NEW *W EXP 10/28/201 949746119 931 100000 SH SOLE 100000 0 0 WESTFIELD FINANCIAL INC NEW COM 96008P104 2278 280600 SH SOLE 280600 0 0 YAHOO INC COM 984332106 44503 2959000 SH SOLE 2959000 0 0 ZORAN CORP COM 98975F101 4200 500000 SH SOLE 500000 0 0