0001193125-12-060153.txt : 20120214 0001193125-12-060153.hdr.sgml : 20120214 20120214144537 ACCESSION NUMBER: 0001193125-12-060153 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20111231 FILED AS OF DATE: 20120214 DATE AS OF CHANGE: 20120214 EFFECTIVENESS DATE: 20120214 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Key Colony Management, LLC CENTRAL INDEX KEY: 0001336885 IRS NUMBER: 911948637 STATE OF INCORPORATION: AR FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-12295 FILM NUMBER: 12608047 BUSINESS ADDRESS: STREET 1: 10825 FINANCIAL CENTRE PARKWAY STREET 2: SUITE 100 CITY: LITTLE ROCK STATE: AR ZIP: 72211 BUSINESS PHONE: 501-219-2003 MAIL ADDRESS: STREET 1: 10825 FINANCIAL CENTRE PARKWAY STREET 2: SUITE 100 CITY: LITTLE ROCK STATE: AR ZIP: 72211 13F-HR 1 d300717d13fhr.txt FORM 13F UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 13F FORM 13F COVER PAGE Report for the Calendar Year or Quarter Ended: December 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: Key Colony Management, LLC Address: Two Financial Centre, Suite 100 10825 Financial Centre Parkway Little Rock, Arkansas 72211 Form 13F File Number: 28-12295 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: Alex R. Lieblong Title: President Phone: (501) 219-2003 Signature, Place, and Date of Signing: /s/ Alex R. Lieblong --------------------------------- Alex R. Lieblong Little Rock, AR February 14, 2012 Report Type (Check only one.): [X] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.) [_] 13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).) [_] 13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).) List of Other Managers Reporting for this Manager: None. FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 Form 13F Information Table Entry Total: 21 Form 13F Information Table Value Total: $104,344 (thousands) List of Other Included Managers: None. FORM 13F INFORMATION TABLE
VOTING AUTHORITY VALUE SH/PRN INVESTMENT OTHER --------------------- NAME TITLE OF CLASS CUSIP (X1000) SHARES PUT/CALL DISCRETION MANAGERS SOLE SHARED NONE ---------------------------- ---------------- ----------- ------- --------- -------- ---------- -------- --------- ------ ---- ADVANCE AMER CASH ADVANCE CT COM 00739W 10 7 107 12,000 SH Sole N/A 12,000 BANK OF AMERICA CORPORATION COM 060505 10 4 7,062 1,270,107 SH Sole N/A 1,270,107 DIREXION SHS ETF TR 20YR TRES BEAR 25459Y 67 8 1,087 16,000 SH Sole N/A 16,000 FELCOR LODGING TR INC PFD CV A $1.95 31430F 20 0 44 2,000 SH Sole N/A 2,000 FLOTEK INDS INC DEL COM 343389 10 2 1,743 175,000 SH Sole N/A 175,000 FLY LEASING LTD SPONSORED ADR 34407D 10 9 2,814 224,742 SH Sole N/A 224,742 HILLTOP HOLDINGS INC COM 432748 10 1 59 7,000 SH Sole N/A 7,000 HOME BANCSHARES INC COM 436893 20 0 10,555 407,365 SH Sole N/A 407,365 IRELAND BK SPNSRD ADR NEW 46267Q 20 2 30 7,000 SH Sole N/A 7,000 LAKES ENTMNT INC COM 51206P 10 9 1,151 622,000 SH Sole N/A 622,000 MELA SCIENCES INC COM 55277R 10 0 1,746 473,300 SH Sole N/A 473,300 METLIFE INC COM 59156R 10 8 1,559 50,000 SH Sole N/A 50,000 MGIC INVT CORP WIS COM 552848 10 3 709 190,000 SH Sole N/A 190,000 MITEK SYS INC COM NEW 606710 20 0 972 134,000 SH Sole N/A 134,000 PROSHARES TR PSHS ULTSH 20YRS 74347R 29 7 2,168 120,000 SH Sole N/A 120,000 RADIAN GROUP INC COM 750236 10 1 234 100,000 SH Sole N/A 100,000 REPUBLIC SVCS INC COM 760759 10 0 12,026 436,510 SH Sole N/A 436,510 UNITED CONTL HLDGS INC COM 910047 10 9 5,378 285,000 SH Sole N/A 285,000 WALTER INVT MGMT CORP COM 93317W 10 2 17,707 863,351 SH Sole N/A 863,351 WELLS FARGO & CO NEW COM 949746 10 1 33,072 1,200,000 SH Sole N/A 1,200,000 ZIONS BANCORPORATION COM 989701 10 7 4,121 253,117 SH Sole N/A 253,117