0001172661-12-000312.txt : 20120215
0001172661-12-000312.hdr.sgml : 20120215
20120214173237
ACCESSION NUMBER: 0001172661-12-000312
CONFORMED SUBMISSION TYPE: 13F-HR
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20111231
FILED AS OF DATE: 20120215
DATE AS OF CHANGE: 20120214
EFFECTIVENESS DATE: 20120215
FILER:
COMPANY DATA:
COMPANY CONFORMED NAME: Passport Capital, LLC
CENTRAL INDEX KEY: 0001352428
IRS NUMBER: 943368567
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 13F-HR
SEC ACT: 1934 Act
SEC FILE NUMBER: 028-11726
FILM NUMBER: 12613038
BUSINESS ADDRESS:
STREET 1: C/O PASSPORT CAPITAL, LLC
STREET 2: 30 HOTALING PLACE, STE. 300
CITY: SAN FRANCISCO
STATE: CA
ZIP: 94111
BUSINESS PHONE: 415-321-4610
MAIL ADDRESS:
STREET 1: C/O PASSPORT CAPITAL, LLC
STREET 2: 30 HOTALING PLACE, STE. 300
CITY: SAN FRANCISCO
STATE: CA
ZIP: 94111
13F-HR
1
passport4q11.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: 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: Passport Capital, LLC
Address: 30 Hotaling Place, Suite 300
San Francisco, CA 94111
13F File Number: 028-11726
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: Joanne Cormican
Title: Chief Financial Officer
Phone: 415-321-4600
Signature, Place, and Date of Signing:
/s/ Joanne Cormican San Francisco, CA February 14, 2012
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: 99
Form 13F Information Table Value Total: $1,246,914 (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
------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
ACCURAY INC COM 004397105 21150 5000000 SH SOLE 5000000 0 0
ACORDA THERAPEUTICS INC COM 00484M106 2622 110000 SH SOLE 110000 0 0
ADECOAGRO S A COM L00849106 3832 463359 SH SOLE 463359 0 0
AK STL HLDG CORP COM 001547108 7275 880800 SH SOLE 241000 0 639800
ALBEMARLE CORP COM 012653101 716 13900 SH SOLE 13900 0 0
ALCOA INC COM 013817101 7895 912700 SH SOLE 0 0 912700
ALKERMES PLC SHS G01767105 2866 165083 SH SOLE 165083 0 0
ALPHA NATURAL RESOURCES INC COM 02076X102 2738 134000 SH SOLE 134000 0 0
AMERICAN CAPITAL AGENCY CORP COM 02503X105 5616 200000 SH SOLE 200000 0 0
ANDERSONS INC COM 034164103 96 2200 SH SOLE 2200 0 0
ANHEUSER BUSCH INBEV SA/NV SPONSORED ADR 03524A108 2909 47700 SH SOLE 47700 0 0
APPLE INC COM 037833100 10368 25600 SH SOLE 25600 0 0
ARCELORMITTAL SA LUXEMBOURG NY REGISTRY SH 03938L104 7247 398400 SH SOLE 109000 0 289400
AVX CORP NEW COM 002444107 77 6000 SH SOLE 6000 0 0
BAKER HUGHES INC COM 057224107 2057 42300 SH SOLE 42300 0 0
BARRICK GOLD CORP COM 067901108 3231 71400 SH SOLE 71400 0 0
BOISE INC COM 09746Y105 12924 1815200 SH SOLE 361200 0 1454000
CARBO CERAMICS INC COM 140781105 3170 25700 SH SOLE 25700 0 0
CF INDS HLDGS INC COM 125269100 9366 64600 SH SOLE 27500 0 37100
CHEMTURA CORP COM NEW 163893209 12620 1112900 SH SOLE 0 0 1112900
CHINA MING YANG WIND PWR GRO SPONSORED ADR 16951C108 2693 1186500 SH SOLE 1186500 0 0
CLIFFS NATURAL RESOURCES INC COM 18683K101 10787 173000 SH SOLE 0 0 173000
COSAN LTD SHS A G25343107 1208 110200 SH SOLE 110200 0 0
CYTEC INDS INC COM 232820100 131592 2947200 SH SOLE 2334300 0 612900
DOLE FOOD CO INC NEW COM 256603101 645 74600 SH SOLE 74600 0 0
ECOLAB INC COM 278865100 12366 213900 SH SOLE 0 0 213900
EXPEDIA INC DEL COM NEW 30212P303 3947 136000 SH SOLE 136000 0 0
FAMILY DLR STORES INC COM 307000109 6746 117000 SH SOLE 117000 0 0
FIRST SOLAR INC COM 336433107 41 1200 SH SOLE 1200 0 0
GIANT INTERACTIVE GROUP INC ADR 374511103 773 189500 SH SOLE 189500 0 0
GOOGLE INC CL A 38259P508 12660 19600 SH SOLE 19600 0 0
GRACE W R & CO DEL NEW COM 38388F108 7857 171100 SH SOLE 0 0 171100
HALLIBURTON CO COM 406216101 7 200 SH SOLE 200 0 0
HANSEN NAT CORP COM 411310105 2119 23000 SH SOLE 23000 0 0
HCA HOLDINGS INC COM 40412C101 25636 1163700 SH SOLE 1163700 0 0
HEXCEL CORP NEW COM 428291108 92 3800 SH SOLE 3800 0 0
HOME DEPOT INC COM 437076102 13243 315000 SH PUT SOLE 3150 0 0
HSN INC COM 404303109 1088 30000 SH SOLE 30000 0 0
HUNTSMAN CORP COM 447011107 20709 2070900 SH SOLE 0 0 2070900
ISHARES TR BARCLYS 20+ YR 464287432 30313 250000 SH CALL SOLE 2500 0 0
ISHARES TR RUSSELL 2000 464287655 31713 430000 SH PUT SOLE 4300 0 0
ITC HLDGS CORP COM 465685105 76 1000 SH SOLE 1000 0 0
JOHNSON CTLS INC COM 478366107 59 1900 SH SOLE 1900 0 0
KEEGAN RES INC COM 487275109 7229 1893700 SH SOLE 1459300 0 434400
KEY ENERGY SVCS INC COM 492914106 2325 150300 SH SOLE 150300 0 0
KRONOS WORLDWIDE INC COM 50105F105 13866 768600 SH SOLE 0 0 768600
LAS VEGAS SANDS CORP COM 517834107 2735 64000 SH SOLE 64000 0 0
LIBERTY INTERACTIVE CORPORAT INT COM SER A 53071M104 71365 4401200 SH SOLE 4401200 0 0
MARATHON PETE CORP COM 56585A102 126452 3798500 SH SOLE 3798500 0 0
MEAD JOHNSON NUTRITION CO COM 582839106 3471 50500 SH SOLE 50500 0 0
MERCADOLIBRE INC COM 58733R102 25365 318900 SH SOLE 318900 0 0
MISSION NEWENERGY LTD SHS NEW Q62163110 19 8233 SH SOLE 8233 0 0
MONSANTO CO NEW COM 61166W101 8086 115400 SH SOLE 0 0 115400
MONSANTO CO NEW COM 61166W101 7007 100000 SH CALL SOLE 1000 0 0
MOSAIC CO NEW COM 61945C103 46476 921600 SH SOLE 548000 0 373600
MYR GROUP INC DEL COM 55405W104 122 6358 SH SOLE 6358 0 0
NATIONAL OILWELL VARCO INC COM 637071101 1863 27400 SH SOLE 27400 0 0
NEVSUN RES LTD COM 64156L101 27689 4991300 SH SOLE 4051300 0 940000
NEXTERA ENERGY INC COM 65339F101 79 1300 SH SOLE 1300 0 0
NIELSEN HOLDINGS N V COM N63218106 3117 105000 SH SOLE 105000 0 0
OCEAN RIG UDW INC SHS Y64354205 16567 1357942 SH SOLE 1357942 0 0
OWENS ILL INC COM NEW 690768403 12669 653700 SH SOLE 0 0 653700
PACIFIC DRILLING SA LUXEMBOU REG SHS L7257P106 6621 711911 SH SOLE 711911 0 0
PENTAIR INC COM 709631105 80 2400 SH SOLE 2400 0 0
PILGRIMS PRIDE CORP NEW COM 72147K108 1327 230300 SH SOLE 230300 0 0
PRAXAIR INC COM 74005P104 7536 70500 SH SOLE 0 0 70500
PRICELINE COM INC COM NEW 741503403 30775 65800 SH SOLE 65800 0 0
QIHOO 360 TECHNOLOGY CO LTD ADS 74734M109 3714 236700 SH SOLE 236700 0 0
QUALCOMM INC COM 747525103 3763 68800 SH SOLE 68800 0 0
QUANTA SVCS INC COM 74762E102 93 4300 SH SOLE 4300 0 0
RESEARCH IN MOTION LTD COM 760975102 508 35000 SH CALL SOLE 350 0 0
ROCK-TENN CO CL A 772739207 8701 150800 SH SOLE 39700 0 111100
ROWAN COS INC COM 779382100 1168 38500 SH SOLE 38500 0 0
SANDRIDGE ENERGY INC COM 80007P307 408 50000 SH SOLE 50000 0 0
SHUTTERFLY INC COM 82568P304 649 28500 SH SOLE 28500 0 0
SINA CORP ORD G81477104 3416 65700 SH SOLE 65700 0 0
SOUTHERN COPPER CORP COM 84265V105 24090 798200 SH SOLE 0 0 798200
SPDR GOLD TRUST GOLD SHS 78463V107 13922 91600 SH SOLE 91600 0 0
SPDR GOLD TRUST GOLD SHS 78463V107 16719 110000 PRN PUT SOLE 1100 0 0
SUNCOR ENERGY INC NEW COM 867224107 3604 125000 SH CALL SOLE 1250 0 0
SUPERIOR ENERGY SVCS INC COM 868157108 17946 631000 SH SOLE 631000 0 0
TECK RESOURCES LTD CL B 878742204 17542 498500 SH SOLE 0 0 498500
TETRA TECH INC NEW COM 88162G103 95 4400 SH SOLE 4400 0 0
THORATEC CORP COM NEW 885175307 67497 2011246 SH SOLE 2011246 0 0
TIFFANY & CO NEW COM 886547108 2187 33000 SH SOLE 33000 0 0
TIMKEN CO COM 887389104 10750 277700 SH SOLE 0 0 277700
TRINA SOLAR LIMITED SPON ADR 89628E104 70 10550 SH SOLE 10550 0 0
TUDOU HLDGS LTD SPONSORED ADS 89903T107 463 42200 SH SOLE 42200 0 0
TYCO INTERNATIONAL LTD SHS H89128104 5334 114200 SH SOLE 0 0 114200
UNITED STATES STL CORP NEW COM 912909108 22576 853201 SH SOLE 650401 0 202800
VALE S A ADR 91912E105 9187 428300 SH SOLE 0 0 428300
VIVUS INC COM 928551100 41830 4290300 SH SOLE 4290300 0 0
VMWARE INC CL A COM 928563402 1905 22900 SH SOLE 22900 0 0
WALTER ENERGY INC COM 93317Q105 21989 363100 SH SOLE 16400 0 346700
WEBMD HEALTH CORP COM 94770V102 28369 755500 SH SOLE 755500 0 0
WELLS FARGO & CO NEW COM 949746101 55120 2000000 SH PUT SOLE 20000 0 0
WESTERN REFNG INC COM 959319104 1993 150000 SH SOLE 150000 0 0
YOUKU COM INC SPONSORED ADR 98742U100 1649 105252 SH SOLE 105252 0 0
ZIPREALTY INC COM 98974V107 1671 1519058 SH SOLE 1519058 0 0