-----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, KwnFZ2RudLahRQyRMvVmmUI+f5A0E4HKfQIJr46YCb7gMTsX8StgBMiWnlh9TT/q NTJIPnre9/+G5mGSdUqDkQ== 0001172661-09-001526.txt : 20091116 0001172661-09-001526.hdr.sgml : 20091116 20091116094002 ACCESSION NUMBER: 0001172661-09-001526 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20090930 FILED AS OF DATE: 20091116 DATE AS OF CHANGE: 20091116 EFFECTIVENESS DATE: 20091116 FILER: COMPANY DATA: COMPANY CONFORMED NAME: KARSCH CAPITAL MANAGEMENT LP CENTRAL INDEX KEY: 0001167235 IRS NUMBER: 000000000 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-10078 FILM NUMBER: 091184020 BUSINESS ADDRESS: STREET 1: 110 EAST 59TH STREET STREET 2: 22ND FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 13F-HR 1 kar3q09.txt FORM 13F HOLDINGS REPORT UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F Form 13F COVER PAGE Report for the Calendar Year or Quarter Ended: September 30, 2009 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: Karsch Capital Management, LP Address: 110 East 59th Street 22nd Floor New York, NY 10022 13F File Number: 28-10078 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: Michael A. Karsch Title: Principal Phone: (212) 507-9782 Signature, Place, and Date of Signing: /s/ Michael A. Karsch New York, NY/USA November 16, 2009 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: 176 Form13F Information Table Value Total: $3,270,530 (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 - ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- ACCENTURE PLC IRELAND SHS CLASS A G1151C101 1864 50000 SH CALL SOLE 50000 0 0 ACCENTURE PLC IRELAND SHS CLASS A G1151C101 1864 50000 SH PUT SOLE 50000 0 0 ACCENTURE PLC IRELAND SHS CLASS A g1151c101 516 13850 SH SOLE 13850 0 0 ALCON INC COM SHS h01301102 55954 403500 SH CALL SOLE 403500 0 0 ALCON INC COM SHS h01301102 77616 559716 SH SOLE 559716 0 0 ALCON INC COM SHS h01301102 3397 24500 SH PUT SOLE 24500 0 0 ALLIED WRLD ASSUR COM HLDG L SHS g0219g203 7722 161104 SH SOLE 161104 0 0 AMDOCS LTD ORD g02602103 31453 1170111 SH SOLE 1170111 0 0 AMERICAN EXPRESS CO COM 025816109 238 7010 SH SOLE 7010 0 0 AMERICAN INTL GROUP INC COM NEW 026874784 1985 45000 SH PUT SOLE 45000 0 0 AMERIPRISE FINL INC COM 03076c106 64062 1763330 SH SOLE 1763330 0 0 APPLE INC COM 037833100 132371 714170 SH SOLE 714170 0 0 APPLE INC COM 037833100 1668 9000 SH CALL SOLE 9000 0 0 ASPEN INSURANCE HOLDINGS LTD SHS g05384105 16453 621560 SH SOLE 621560 0 0 ASPEN INSURANCE HOLDINGS LTD SHS G05384105 1985 75000 SH CALL SOLE 75000 0 0 AUTOMATIC DATA PROCESSING IN COM 053015103 13393 340800 SH CALL SOLE 340800 0 0 AVERY DENNISON CORP COM 053611109 53234 1478309 SH SOLE 1478309 0 0 BANK OF AMERICA CORPORATION COM 060505104 7287 430686 SH SOLE 430686 0 0 BANK OF AMERICA CORPORATION COM 060505104 4230 250000 SH CALL SOLE 250000 0 0 BARRICK GOLD CORP COM 067901108 3790 100000 SH CALL SOLE 100000 0 0 BRISTOL MYERS SQUIBB CO COM 110122108 34369 1526144 SH SOLE 1526144 0 0 BROWN FORMAN CORP CL B 115637209 7958 165040 SH SOLE 165040 0 0 BURLINGTON NORTHN SANTA FE C COM 12189t104 6307 79005 SH SOLE 79005 0 0 CAPITALSOURCE INC COM 14055X102 369 85000 SH CALL SOLE 85000 0 0 CEPHALON INC COM 156708109 46320 795338 SH SOLE 795338 0 0 CEPHALON INC COM 156708109 45701 784700 SH CALL SOLE 784700 0 0 CEPHALON INC COM 156708109 23296 400000 SH PUT SOLE 400000 0 0 CIGNA CORP COM 125509109 21156 753157 SH SOLE 753157 0 0 CIGNA CORP COM 125509109 15450 550000 SH CALL SOLE 550000 0 0 CISCO SYS INC COM 17275r102 520 22100 SH SOLE 22100 0 0 CITIGROUP INC COM 172967101 968 200000 SH CALL SOLE 200000 0 0 CLEAR CHANNEL OUTDOOR HLDGS CL A 18451c109 136 19466 SH SOLE 19466 0 0 COLLECTIVE BRANDS INC COM 19421w100 30968 1786935 SH SOLE 1786935 0 0 CONSTELLATION ENERGY GROUP I COM 210371100 2590 80000 SH PUT SOLE 80000 0 0 CONSTELLATION ENERGY GROUP I COM 210371100 61089 1887213 SH SOLE 1887213 0 0 CONSTELLATION ENERGY GROUP I COM 210371100 8235 254400 SH CALL SOLE 254400 0 0 CROWN HOLDINGS INC COM 228368106 82199 3022023 SH SOLE 3022023 0 0 CROWN HOLDINGS INC COM 228368106 3672 135000 SH CALL SOLE 135000 0 0 CSX CORP COM 126408103 38861 928347 SH SOLE 928347 0 0 CSX CORP DBCV 10/3 126408GA5 15384 367500 SH CALL SOLE 367500 0 0 DIGITAL RIV INC COM 25388B104 4032 100000 SH PUT SOLE 100000 0 0 DIRECTV GROUP INC COM 25459L106 3448 125000 SH PUT SOLE 125000 0 0 DIRECTV GROUP INC COM 25459l106 82369 2986561 SH SOLE 2986561 0 0 DIRECTV GROUP INC COM 25459L106 3448 125000 SH CALL SOLE 125000 0 0 DISCOVER FINL SVCS COM 254709108 363 22352 SH SOLE 22352 0 0 DISCOVERY COMMUNICATNS NEW COM SER A 25470f104 8100 280360 SH SOLE 280360 0 0 DR PEPPER SNAPPLE GROUP INC COM 26138E109 33956 1181071 SH SOLE 1181071 0 0 DST SYS INC DEL COM 233326107 39183 874614 SH SOLE 874614 0 0 E M C CORP MASS COM 268648102 39087 2293857 SH SOLE 2293857 0 0 EATON CORP COM 278058102 1217 21500 SH PUT SOLE 21500 0 0 EBAY INC COM 278642103 70995 3008281 SH SOLE 3008281 0 0 EBAY INC COM 278642103 5192 220000 SH CALL SOLE 220000 0 0 EL PASO CORP COM 28336l109 291 28182 SH SOLE 28182 0 0 ELAN PLC ADR 284131208 462 65000 SH CALL SOLE 65000 0 0 ENTROPIC COMMUNICATIONS INC COM 29384r105 230 84000 SH SOLE 84000 0 0 EQUINIX INC COM NEW 29444u502 63261 687623 SH SOLE 687623 0 0 EXCO RESOURCES INC COM 269279402 6778 362680 SH SOLE 362680 0 0 EXPEDIA INC DEL COM 30212p105 16170 675170 SH SOLE 675170 0 0 EXTERRAN HLDGS INC COM 30225x103 258 10864 SH SOLE 10864 0 0 EXXON MOBIL CORP COM 30231G102 7334 106900 SH PUT SOLE 106900 0 0 F M C CORP COM NEW 302491303 207 3676 SH SOLE 3676 0 0 F5 NETWORKS INC COM 315616102 6594 166400 SH SOLE 166400 0 0 FEDEX CORP COM 31428x106 226 2999 SH SOLE 2999 0 0 FOOT LOCKER INC COM 344849104 73 6074 SH SOLE 6074 0 0 FOOT LOCKER INC COM 344849104 4780 400000 SH CALL SOLE 400000 0 0 FREEPORT-MCMORAN COPPER & GO COM 35671D857 5146 75000 SH CALL SOLE 75000 0 0 GAP INC DEL COM 364760108 10700 500000 SH PUT SOLE 500000 0 0 GARTNER INC COM 366651107 393 21485 SH SOLE 21485 0 0 GENERAL ELECTRIC CO COM 369604103 864 52600 SH PUT SOLE 52600 0 0 GENWORTH FINL INC COM CL A 37247D106 2689 225000 SH CALL SOLE 225000 0 0 GENZYME CORP COM 372917104 14205 250400 SH CALL SOLE 250400 0 0 GLG PARTNERS INC *W EXP 12/28/201 37929X115 663 1893826 SH SOLE 1893826 0 0 GOLDMAN SACHS GROUP INC COM 38141G104 4148 22500 SH CALL SOLE 22500 0 0 HASBRO INC COM 418056107 125544 4524123 SH SOLE 4524123 0 0 HASBRO INC COM 418056107 6035 217500 SH CALL SOLE 217500 0 0 HONEYWELL INTL INC COM 438516106 1858 50000 SH CALL SOLE 50000 0 0 ILLINOIS TOOL WKS INC COM 452308109 2136 50000 SH PUT SOLE 50000 0 0 IMPAX LABORATORIES INC COM 45256b101 2851 326202 SH SOLE 326202 0 0 INTERNATIONAL BUSINESS MACHS COM 459200101 3588 30000 SH CALL SOLE 30000 0 0 INTERNATIONAL BUSINESS MACHS COM 459200101 1794 15000 SH PUT SOLE 15000 0 0 INTERNATIONAL BUSINESS MACHS COM 459200101 1238 10350 SH SOLE 10350 0 0 INVESCO LTD SHS G491BT108 2128 93500 SH CALL SOLE 93500 0 0 ISHARES TR INDEX MSCI EMERG MKT 464287234 4864 125000 SH PUT SOLE 125000 0 0 ISHARES TR INDEX RUSSELL 2000 464287655 19078 316700 SH CALL SOLE 316700 0 0 ISHARES TR INDEX RUSSELL 2000 464287655 14115 234300 SH PUT SOLE 234300 0 0 JACOBS ENGR GROUP INC DEL COM 469814107 1518 33030 SH SOLE 33030 0 0 JETBLUE AIRWAYS CORP COM 477143101 7677 1283850 SH SOLE 1283850 0 0 JPMORGAN CHASE & CO COM 46625h100 40506 924370 SH SOLE 924370 0 0 KING PHARMACEUTICALS INC COM 495582108 4749 440920 SH SOLE 440920 0 0 LEAPFROG ENTERPRISES INC CL A 52186n106 64 15631 SH SOLE 15631 0 0 LEXMARK INTL NEW CL A 529771107 16035 744420 SH SOLE 744420 0 0 LIFE TECHNOLOGIES CORP COM 53217v109 14843 318870 SH SOLE 318870 0 0 LOCKHEED MARTIN CORP COM 539830109 3771 48298 SH SOLE 48298 0 0 LOCKHEED MARTIN CORP COM 539830109 25376 325000 SH CALL SOLE 325000 0 0 LORILLARD INC COM 544147101 63372 852916 SH SOLE 852916 0 0 LORILLARD INC COM 544147101 40137 540200 SH PUT SOLE 540200 0 0 LOWES COS INC COM 548661107 25 1190 SH SOLE 1190 0 0 LOWES COS INC COM 548661107 2618 125000 SH CALL SOLE 125000 0 0 LSI CORPORATION COM 502161102 1247 227180 SH SOLE 227180 0 0 MASTERCARD INC CL A 57636Q104 36347 179800 SH PUT SOLE 179800 0 0 MASTERCARD INC CL A 57636q104 34640 171357 SH SOLE 171357 0 0 MASTERCARD INC CL A 57636Q104 34588 171100 SH CALL SOLE 171100 0 0 MCDONALDS CORP COM 580135101 7134 125000 SH PUT SOLE 125000 0 0 MERCK & CO INC COM 589331107 35390 1118882 SH SOLE 1118882 0 0 METAVANTE TECHNOLOGIES INC COM 591407101 6795 197080 SH SOLE 197080 0 0 MIRANT CORP NEW COM 60467R100 822 50000 SH CALL SOLE 50000 0 0 MORGAN STANLEY NOTE 1.500% 6/3 617446MK2 1544 50000 SH CALL SOLE 50000 0 0 MOSAIC CO COM 61945a107 7285 151540 SH SOLE 151540 0 0 MOSAIC CO COM 61945A107 5854 125000 SH CALL SOLE 125000 0 0 NELNET INC CL A 64031N108 223 17949 SH SOLE 17949 0 0 NETAPP INC COM 64110d104 17672 662360 SH SOLE 662360 0 0 NIKE INC CL B 654106103 2426 37500 SH CALL SOLE 37500 0 0 NORTHROP GRUMMAN CORP COM 666807102 20701 400000 SH CALL SOLE 400000 0 0 PAYCHEX INC COM 704326107 37397 1287300 SH CALL SOLE 1287300 0 0 PEPSICO INC COM 713448108 31985 545258 SH SOLE 545258 0 0 PERKINELMER INC COM 714046109 4471 232360 SH SOLE 232360 0 0 PERKINELMER INC COM 714046109 770 40000 SH PUT SOLE 40000 0 0 PFIZER INC COM 717081103 77557 4686247 SH SOLE 4686247 0 0 PFIZER INC COM 717081103 38893 2350000 SH CALL SOLE 2350000 0 0 PHILIP MORRIS INTL INC COM 718172109 47800 980720 SH SOLE 980720 0 0 PIER 1 IMPORTS INC COM 720279108 109 28148 SH SOLE 28148 0 0 PLATINUM UNDERWRITER HLDGS L COM g7127p100 7200 200884 SH SOLE 200884 0 0 POLYCOM INC COM 73172k104 6393 238995 SH SOLE 238995 0 0 POPULAR INC COM 733174106 9419 3328417 SH SOLE 3328417 0 0 POTASH CORP SASK INC COM 73755L107 3614 40000 SH CALL SOLE 40000 0 0 POWERSHARES QQQ TRUST UNIT SER 1 73935A104 103513 2450000 SH PUT SOLE 2450000 0 0 PRICELINE COM INC COM NEW 741503403 89120 537452 SH SOLE 537452 0 0 PRICELINE COM INC COM NEW 741503403 8954 54000 SH CALL SOLE 54000 0 0 PRICELINE COM INC COM NEW 741503403 5638 34000 SH PUT SOLE 34000 0 0 PROCTER & GAMBLE CO COM 742718109 3475 60000 SH CALL SOLE 60000 0 0 PUBLIC STORAGE COM 74460D109 3762 50000 SH PUT SOLE 50000 0 0 QUALCOMM INC COM 747525103 61486 1366972 SH SOLE 1366972 0 0 QUEST DIAGNOSTICS INC COM 74834L100 1957 37500 SH PUT SOLE 37500 0 0 RADWARE LTD ORD m81873107 1970 175459 SH SOLE 175459 0 0 RAYTHEON CO COM NEW 755111507 10553 220000 SH CALL SOLE 220000 0 0 REGAL ENTMT GROUP CL A 758766109 34440 2795423 SH SOLE 2795423 0 0 REGAL ENTMT GROUP CL A 758766109 616 50000 SH CALL SOLE 50000 0 0 REGAL ENTMT GROUP CL A 758766109 3080 250000 SH PUT SOLE 250000 0 0 RESEARCH IN MOTION LTD COM 760975102 5410 80000 SH CALL SOLE 80000 0 0 ROCKWOOD HLDGS INC COM 774415103 16223 788687 SH SOLE 788687 0 0 ROCKWOOD HLDGS INC COM 774415103 2057 100000 SH CALL SOLE 100000 0 0 SAKS INC COM 79377w108 2199 322470 SH SOLE 322470 0 0 SANDRIDGE ENERGY INC COM 80007p307 8095 624607 SH SOLE 624607 0 0 SANDRIDGE ENERGY INC COM 80007P307 2592 200000 SH CALL SOLE 200000 0 0 SANDRIDGE ENERGY INC COM 80007P307 2592 200000 SH PUT SOLE 200000 0 0 SAPIENT CORP COM 803062108 126 15700 SH SOLE 15700 0 0 SAVVIS INC COM NEW 805423308 237 15000 SH SOLE 15000 0 0 SCHERING PLOUGH CORP COM 806605101 50092 1773178 SH SOLE 1773178 0 0 SELECT COMFORT CORP COM 81616X103 81 17114 SH SOLE 17114 0 0 SHIRE PLC SPONSORED ADR 82481r106 69195 1323294 SH SOLE 1323294 0 0 SONIC CORP COM 835451105 121 10939 SH SOLE 10939 0 0 SOUTHWESTERN ENERGY CO COM 845467109 23873 559337 SH SOLE 559337 0 0 SPDR GOLD TRUST GOLD SHS 78463V107 77567 784700 SH PUT SOLE 784700 0 0 SPDR TR UNIT SER 1 78462F103 73913 700000 SH PUT SOLE 700000 0 0 SPRINT NEXTEL CORP COM SER 1 852061100 395 100000 SH CALL SOLE 100000 0 0 TAKE-TWO INTERACTIVE SOFTWAR COM 874054109 2322 207150 SH SOLE 207150 0 0 TEVA PHARMACEUTICAL INDS LTD ADR 881624209 45264 895261 SH SOLE 895261 0 0 TEVA PHARMACEUTICAL INDS LTD ADR 881624209 27955 552900 SH CALL SOLE 552900 0 0 TEVA PHARMACEUTICAL INDS LTD ADR 881624209 10112 200000 SH PUT SOLE 200000 0 0 THERMO FISHER SCIENTIFIC INC COM 883556102 90878 2081010 SH SOLE 2081010 0 0 TIVO INC COM 888706108 110 10622 SH SOLE 10622 0 0 TW TELECOM INC COM 87311l104 3409 253450 SH SOLE 253450 0 0 UNION PAC CORP COM 907818108 37817 648114 SH SOLE 648114 0 0 UNITED STATES STL CORP NEW COM 912909108 5324 120000 SH CALL SOLE 120000 0 0 US BANCORP DEL COM NEW 902973304 3006 137500 SH PUT SOLE 137500 0 0 VALIDUS HOLDINGS LTD COM SHS g9319h102 7473 289669 SH SOLE 289669 0 0 VERISIGN INC COM 92343e102 45689 1928625 SH SOLE 1928625 0 0 VONAGE HLDGS CORP COM 92886t201 28 19812 SH SOLE 19812 0 0 WARNER CHILCOTT PLC IRELAND SHS A g94368100 324 15000 SH SOLE 15000 0 0 WARNER CHILCOTT PLC IRELAND SHS A G94368100 1081 50000 SH PUT SOLE 50000 0 0 WATSON PHARMACEUTICALS INC COM 942683103 18357 501000 SH CALL SOLE 501000 0 0 WELLPOINT INC COM 94973v107 22224 469264 SH SOLE 469264 0 0 WELLS FARGO & CO NEW COM 949746101 4932 175000 SH PUT SOLE 175000 0 0 WENDYS ARBYS GROUP INC COM 950587105 135 28494 SH SOLE 28494 0 0 WILLIS GROUP HOLDINGS LTD SHS g96655108 12403 439521 SH SOLE 439521 0 0 XL CAP LTD CL A g98255105 20667 1183678 SH SOLE 1183678 0 0
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