0001352910-11-000008.txt : 20111114 0001352910-11-000008.hdr.sgml : 20111111 20111114152914 ACCESSION NUMBER: 0001352910-11-000008 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20110930 FILED AS OF DATE: 20111114 DATE AS OF CHANGE: 20111114 EFFECTIVENESS DATE: 20111114 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Xaraf Management LLC CENTRAL INDEX KEY: 0001352910 IRS NUMBER: 753106543 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-11799 FILM NUMBER: 111201863 BUSINESS ADDRESS: STREET 1: TWO AMERICAN LANE CITY: GREENWICH STATE: CT ZIP: 06836 BUSINESS PHONE: 203-861-8220 MAIL ADDRESS: STREET 1: TWO AMERICAN LANE CITY: GREENWICH STATE: CT ZIP: 06836 13F-HR 1 xacapmlp.txt 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, 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: Xaraf Management LLC Address: Two American Lane Greenwich, CT 06836-2571 13F File Number: 028-11799 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: Lauren Rose Title: President, Xaraf Advisors Corp., Managing Member Phone: 203-861-8220 Signature, Place and Date of Signing: Lauren Rose Greenwich, Connecticut November 14, 2011 Report Type (Check only one.): [ X ] 13F HOLDINGS REPORT. [ ] 13F NOTICE. [ ] 13F COMBINATION REPORT. List of Other Managers Reporting for this Manager: I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE ACT OF 1934. FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 1 Form 13F Information Table Entry Total: 189 Form 13F Information Table Value Total: $353,549 List of Other Included Managers: No. 13F File Number Name 01 028-05431 Sunrise Partners Limited Partnership 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 ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- ADOBE SYSTEMS INC COM 00724F101 870 36000 SH CALL DEFINED 01 0 ADOBE SYSTEMS INC COM 00724F101 435 18000 SH CALL SOLE 0 ALCOA INC 5.25% 15MAR14 SDBCV 013817AT8 688 420000 PRN DEFINED 01 420000 ALCOA INC 5.25% 15MAR14 SDBCV 013817AT8 131 80000 PRN SOLE 80000 ALERE INC COM 01449J105 671 34134 SH DEFINED 01 34134 ALERE INC COM 01449J105 335 17066 SH SOLE 17066 ALLIANCE DATA SY 1.75% 01AUG13 SDBCV 018581AD0 8460 6667000 PRN DEFINED 01 6667000 ALLIANCE DATA SY 1.75% 01AUG13 SDBCV 018581AD0 4229 3333000 PRN SOLE 3333000 AMEDISYS INC COM 023436108 385 26000 SH CALL DEFINED 01 0 AMEDISYS INC COM 023436108 193 13000 SH CALL SOLE 0 AMERIGROUP CORP 2% 15MAY12 SDBCV 03073TAB8 4987 4666000 PRN DEFINED 01 4666000 AMERIGROUP CORP 2% 15MAY12 SDBCV 03073TAB8 2495 2334000 PRN SOLE 2334000 ANGLOGOLD ASHANTI - SPON ADR ADR 035128206 165 4000 SH CALL DEFINED 01 0 ANGLOGOLD ASHANTI - SPON ADR ADR 035128206 83 2000 SH CALL SOLE 0 ANNALY CAPITAL 4% 15FEB15 SDBCV 035710AA0 4201 3667000 PRN DEFINED 01 3667000 ANNALY CAPITAL 4% 15FEB15 SDBCV 035710AA0 2100 1833000 PRN SOLE 1833000 APPLE INC COM 037833100 381 1000 SH DEFINED 01 1000 APPLE INC COM 037833100 534 1400 SH CALL DEFINED 01 0 APPLE INC COM 037833100 1677 4400 SH PUT DEFINED 01 0 APPLE INC COM 037833100 191 500 SH SOLE 500 APPLE INC COM 037833100 267 700 SH CALL SOLE 0 APPLE INC COM 037833100 839 2200 SH PUT SOLE 0 ARENA PHARMACEUTICALS INC COM 040047102 32 22000 SH DEFINED 01 22000 ARENA PHARMACEUTICALS INC COM 040047102 16 11000 SH SOLE 11000 AUTOZONE COM 053332102 9193 28800 SH PUT DEFINED 01 0 AUTOZONE COM 053332102 4596 14400 SH PUT SOLE 0 BAIDU INC - ADR ADR 056752108 4490 42000 SH PUT DEFINED 01 0 BAIDU INC - ADR ADR 056752108 2245 21000 SH PUT SOLE 0 BANK OF AMERICA CORP COM 060505104 125 20400 SH DEFINED 01 20400 BANK OF AMERICA CORP COM 060505104 62 10200 SH SOLE 10200 BLUE COAT SYSTEMS INC COM 09534T508 222 16000 SH CALL DEFINED 01 0 BLUE COAT SYSTEMS INC COM 09534T508 111 8000 SH CALL SOLE 0 BORGWARNER INC 3.5% 15APR12 SDBCV 099724AF3 14308 7718000 PRN DEFINED 01 7718000 BORGWARNER INC 3.5% 15APR12 SDBCV 099724AF3 7154 3859000 PRN SOLE 3859000 BRANDYWINE REALTY TRUST COM 105368203 120 15000 SH DEFINED 01 15000 BRANDYWINE REALTY TRUST COM 105368203 48 6000 SH SOLE 6000 CAVIUM INC COM 14964U108 243 9000 SH PUT DEFINED 01 0 CAVIUM INC COM 14964U108 122 4500 SH PUT SOLE 0 CHIPOTLE MEXICAN GRILL-CL A COM 169656105 969 3200 SH PUT DEFINED 01 0 CHIPOTLE MEXICAN GRILL-CL A COM 169656105 485 1600 SH PUT SOLE 0 CITIGROUP INC-CW18 RT 172967234 51 667000 SH DEFINED 01 667000 CITIGROUP INC-CW18 RT 172967234 25 333000 SH SOLE 333000 D.R. HORTON INC COM 23331A109 60 6667 SH DEFINED 01 6667 D.R. HORTON INC COM 23331A109 30 3333 SH SOLE 3333 DIREXION DLY EMG MKT BEAR 3X COM 25459W482 957 29200 SH PUT DEFINED 01 0 DIREXION DLY EMG MKT BEAR 3X COM 25459W482 479 14600 SH PUT SOLE 0 DOLLAR TREE STORES INC COM 256746108 1352 18000 SH PUT DEFINED 01 0 DOLLAR TREE STORES INC COM 256746108 676 9000 SH PUT SOLE 0 DOMINION RES CV 2.125% 15DEC23 SDBCV 25746UAT6 9372 6400000 PRN DEFINED 01 6400000 DOMINION RES CV 2.125% 15DEC23 SDBCV 25746UAT6 4686 3200000 PRN SOLE 3200000 EASTMAN KODAK COM 277461109 38 48761 SH DEFINED 01 48761 EASTMAN KODAK COM 277461109 13 16253 SH SOLE 16253 ECOLAB INC COM 278865100 1467 30000 SH PUT DEFINED 01 0 ECOLAB INC COM 278865100 733 15000 SH PUT SOLE 0 EMC CORP CV 1.75% 01DEC2011 SDBCV 268648AK8 10477 7999000 PRN DEFINED 01 7999000 EMC CORP CV 1.75% 01DEC2011 SDBCV 268648AK8 5240 4001000 PRN SOLE 4001000 ENDO PHARMACEUT 1.75% 15APR15 SDBCV 29264FAB2 3394 3001000 PRN DEFINED 01 3001000 ENDO PHARMACEUT 1.75% 15APR15 SDBCV 29264FAB2 1695 1499000 PRN SOLE 1499000 ENERGY CONVERSION DEVICES COM 292659109 20 38414 SH DEFINED 01 38414 ENERGY CONVERSION DEVICES COM 292659109 4 7283 SH SOLE 7283 FACTSET RESEARCH SYS INC COM 303075105 1014 11400 SH PUT DEFINED 01 0 FACTSET RESEARCH SYS INC COM 303075105 507 5700 SH PUT SOLE 0 GEN MOTORS CV SR B 01DEC13 CVPFD 37045V209 1790 51666 SH DEFINED 01 51666 GEN MOTORS CV SR B 01DEC13 CVPFD 37045V209 895 25834 SH SOLE 25834 GENCO SHIPPING & TRADING LTD COM Y2685T107 781 100000 SH CALL DEFINED 01 0 GENCO SHIPPING & TRADING LTD COM Y2685T107 391 50000 SH CALL SOLE 0 GENTIVA HEALTH SERVICES COM 37247A102 94 17040 SH DEFINED 01 17040 GENTIVA HEALTH SERVICES COM 37247A102 47 8520 SH SOLE 8520 GENWORTH FINANCIAL INC-CL A COM 37247D106 125 21734 SH DEFINED 01 21734 GENWORTH FINANCIAL INC-CL A COM 37247D106 62 10868 SH SOLE 10868 GOODRICH PETROLE 5% 01OCT29 SDBCV 382410AC2 360 400000 PRN DEFINED 01 400000 GOODRICH PETROLE 5% 01OCT29 SDBCV 382410AC2 90 100000 PRN SOLE 100000 HONEYWELL INTL INC COM 438516106 703 16000 SH PUT DEFINED 01 0 HONEYWELL INTL INC COM 438516106 351 8000 SH PUT SOLE 0 HOSPITALITY PROPERTIES TRUST COM 44106M102 955 45000 SH DEFINED 01 45000 HOSPITALITY PROPERTIES TRUST COM 44106M102 762 35900 SH SOLE 35900 HOVNANIAN ENTERPRISES INC A COM 442487203 73 60000 SH DEFINED 01 60000 HOVNANIAN ENTERPRISES INC A COM 442487203 37 30000 SH SOLE 30000 ICICI BANK LTD - ADR ADR 45104G104 1042 30000 SH PUT DEFINED 01 0 ICICI BANK LTD - ADR ADR 45104G104 521 15000 SH PUT SOLE 0 ILLUMINA INC CV 0.625% 15FEB14 SDBCV 452327AB5 10457 5580000 PRN DEFINED 01 5580000 INOVIO PHARMACEUTICALS INC COM 45773H102 73 129633 SH DEFINED 01 129633 IRON MOUNTAIN INC COM 462846106 885 28000 SH PUT DEFINED 01 0 IRON MOUNTAIN INC COM 462846106 443 14000 SH PUT SOLE 0 ISHARES SILVER TRUST COM 46428Q109 1070 37000 SH CALL DEFINED 01 0 ISHARES SILVER TRUST COM 46428Q109 535 18500 SH CALL SOLE 0 ITAU UNIBANCO HOLDING SA-ADR ADR 465562106 186 12000 SH PUT DEFINED 01 0 ITAU UNIBANCO HOLDING SA-ADR ADR 465562106 93 6000 SH PUT SOLE 0 KENNAMETAL INC COM 489170100 458 14000 SH PUT DEFINED 01 0 KENNAMETAL INC COM 489170100 229 7000 SH PUT SOLE 0 KIMCO REALTY CORP COM 49446R109 316 21000 SH DEFINED 01 21000 KIMCO REALTY CORP COM 49446R109 210 14000 SH SOLE 14000 LAB CORP CV 0% 11SEP21 SDBCV 50540RAG7 890 834000 PRN DEFINED 01 834000 LAB CORP CV 0% 11SEP21 SDBCV 50540RAG7 444 416000 PRN SOLE 416000 LIMITED BRANDS COM 532716107 169 4400 SH DEFINED 01 4400 LIMITED BRANDS COM 532716107 1086 28200 SH PUT DEFINED 01 0 LIMITED BRANDS COM 532716107 85 2200 SH SOLE 2200 LIMITED BRANDS COM 532716107 543 14100 SH PUT SOLE 0 LOUISIANA PACIFIC CORP COM 546347105 594 116500 SH DEFINED 01 116500 LOUISIANA PACIFIC CORP COM 546347105 153 30000 SH CALL DEFINED 01 0 LOUISIANA PACIFIC CORP COM 546347105 288 56500 SH SOLE 56500 LOUISIANA PACIFIC CORP COM 546347105 77 15000 SH CALL SOLE 0 MACY'S INC COM 55616P104 224 8500 SH DEFINED 01 8500 MACY'S INC COM 55616P104 132 5000 SH SOLE 5000 MASCO CORP COM 574599106 160 22500 SH DEFINED 01 22500 MASCO CORP COM 574599106 107 15000 SH SOLE 15000 MCCLATCHY CO CL-A COM 579489105 11 8267 SH DEFINED 01 8267 MCCLATCHY CO CL-A COM 579489105 6 4133 SH SOLE 4133 METLIFE INC 5% 10OCT12 CVPFD 59156R116 993 17500 SH DEFINED 01 17500 METLIFE INC 5% 10OCT12 CVPFD 59156R116 993 17500 SH SOLE 17500 MICRON TECH INC COM 595112103 101 20000 SH DEFINED 01 20000 MICRON TECH INC COM 595112103 50 10000 SH SOLE 10000 MOTOROLA SOLUTIONS INC COM 620076307 493 11757 SH DEFINED 01 11757 MOTOROLA SOLUTIONS INC COM 620076307 299 7142 SH SOLE 7142 NATL RETAIL CV 3.95% 15SEP26 SDBCV 637417AA4 7220 6333000 PRN DEFINED 01 6333000 NATL RETAIL CV 3.95% 15SEP26 SDBCV 637417AA4 3610 3167000 PRN SOLE 3167000 NETFLIX INC COM 64110L106 158 1400 SH PUT DEFINED 01 0 NETFLIX INC COM 64110L106 79 700 SH PUT SOLE 0 NEW YORK TIMES CO CL A COM 650111107 193 33266 SH DEFINED 01 33266 NEW YORK TIMES CO CL A COM 650111107 100 17134 SH SOLE 17134 NEWMONT MINING 3% 15FEB12 SDBCV 651639AK2 9378 6767000 PRN DEFINED 01 6767000 NEWMONT MINING 3% 15FEB12 SDBCV 651639AK2 4690 3384000 PRN SOLE 3384000 OLIN CORP COM 680665205 452 25115 SH DEFINED 01 25115 OLIN CORP COM 680665205 301 16700 SH CALL DEFINED 01 0 OLIN CORP COM 680665205 219 12185 SH SOLE 12185 OLIN CORP COM 680665205 149 8300 SH CALL SOLE 0 PAYCHEX INC COM 704326107 846 32100 SH CALL DEFINED 01 0 PAYCHEX INC COM 704326107 340 12900 SH CALL SOLE 0 PGT INC COM 69336V101 15 11747 SH DEFINED 01 11747 PGT INC COM 69336V101 7 5874 SH SOLE 5874 PRICELINE.COM INC COM 741503403 180 400 SH DEFINED 01 400 PRICELINE.COM INC COM 741503403 1258 2800 SH PUT DEFINED 01 0 PRICELINE.COM INC COM 741503403 90 200 SH SOLE 200 PRICELINE.COM INC COM 741503403 629 1400 SH PUT SOLE 0 PROSHARES ULTRASHORT COM 74347R297 1013 52100 SH DEFINED 01 52100 PROSHARES ULTRASHORT COM 74347R297 12440 639900 SH PUT DEFINED 01 0 PROSHARES ULTRASHORT COM 74347R297 511 26300 SH SOLE 26300 PROSHARES ULTRASHORT COM 74347R297 5012 257800 SH PUT SOLE 0 PROSHARES ULTRASHORT S&P500 COM 74347R883 236 9300 SH PUT DEFINED 01 0 PROSHARES ULTRASHORT S&P500 COM 74347R883 119 4700 SH PUT SOLE 0 PROSHARES ULTRASHORT SILVER COM 74347W643 291 17000 SH PUT DEFINED 01 0 PROSHARES ULTRASHORT SILVER COM 74347W643 145 8500 SH PUT SOLE 0 RALPH LAUREN CORP COM 751212101 519 4000 SH PUT DEFINED 01 0 RALPH LAUREN CORP COM 751212101 259 2000 SH PUT SOLE 0 RESEARCH IN MOTION COM 760975102 203 10000 SH PUT DEFINED 01 0 RESEARCH IN MOTION COM 760975102 102 5000 SH PUT SOLE 0 ROPER INDUS CV 0% 15JAN34 SDBCV 776696AA4 45149 52082000 PRN DEFINED 01 52082000 ROPER INDUS CV 0% 15JAN34 SDBCV 776696AA4 3031 3496000 PRN SOLE 3496000 ROSS STORES INC COM 778296103 1054 13400 SH PUT DEFINED 01 0 ROSS STORES INC COM 778296103 527 6700 SH PUT SOLE 0 ROYAL CARIBBEAN CRUISES LTD COM V7780T103 154 7100 SH DEFINED 01 7100 ROYAL CARIBBEAN CRUISES LTD COM V7780T103 97 4500 SH SOLE 4500 S&P 500 DEPOSITORY RECEIPT COM 78462F103 317 2800 SH PUT DEFINED 01 0 S&P 500 DEPOSITORY RECEIPT COM 78462F103 181 1600 SH PUT SOLE 0 SMUCKER (J.M.) CO-NEW CO COM 832696405 1020 14000 SH PUT DEFINED 01 0 SMUCKER (J.M.) CO-NEW CO COM 832696405 510 7000 SH PUT SOLE 0 SOUTHWEST AIRLINES COM 844741108 179 22300 SH DEFINED 01 22300 SOUTHWEST AIRLINES COM 844741108 81 10100 SH SOLE 10100 SPDR GOLD TRUST COM 78463V107 1628 10300 SH CALL DEFINED 01 0 SPDR GOLD TRUST COM 78463V107 23696 149900 SH PUT DEFINED 01 0 SPDR GOLD TRUST COM 78463V107 1628 10300 SH CALL SOLE 0 SPDR GOLD TRUST COM 78463V107 19317 122200 SH PUT SOLE 0 STARBUCKS CORP COM 855244109 447 12000 SH PUT DEFINED 01 0 STARBUCKS CORP COM 855244109 224 6000 SH PUT SOLE 0 SYMANTEC CORP COM 871503108 2033 124745 SH DEFINED 01 124745 SYMANTEC CORP COM 871503108 1015 62255 SH SOLE 62255 TALBOTS INC COM 874161102 57 21000 SH DEFINED 01 21000 TALBOTS INC COM 874161102 28 10500 SH SOLE 10500 TATA MOTORS LTD-SPON ADR ADR 876568502 458 29760 SH SHARE 01 TELLABS INC COM 879664100 151 35300 SH CALL DEFINED 01 0 TELLABS INC COM 879664100 76 17700 SH CALL SOLE 0 TEVA PHARMACEUTICAL-SPON ADR ADR 881624209 407 10937 SH DEFINED 01 10937 TEVA PHARMACEUTICAL-SPON ADR ADR 881624209 203 5463 SH SOLE 5463 TEXTRON INC 4.5% 01MAY13 SDBCV 883203BN0 7549 5001000 PRN DEFINED 01 5001000 TEXTRON INC 4.5% 01MAY13 SDBCV 883203BN0 3772 2499000 PRN SOLE 2499000 TIFFANY & CO COM 886547108 450 7400 SH PUT DEFINED 01 0 TIFFANY & CO COM 886547108 225 3700 SH PUT SOLE 0 TRINITY INDUSTRIES COM 896522109 370 17263 SH DEFINED 01 17263 TRINITY INDUSTRIES COM 896522109 214 10000 SH PUT DEFINED 01 0 TRINITY INDUSTRIES COM 896522109 185 8637 SH SOLE 8637 TRINITY INDUSTRIES COM 896522109 107 5000 SH PUT SOLE 0 TRIUMPH GROUP CV 2.625% 01OCT2 SDBCV 896818AB7 13959 7782000 PRN DEFINED 01 7782000 TRIUMPH GROUP CV 2.625% 01OCT2 SDBCV 896818AB7 6979 3891000 PRN SOLE 3891000 UNITED THERAP CV .5% 15OCT11 SDBCV 91307CAD4 7597 7338000 PRN DEFINED 01 7338000 UNITED THERAP CV .5% 15OCT11 SDBCV 91307CAD4 3798 3668000 PRN SOLE 3668000 WINDSTREAM CORP COM 97381W104 160 13700 SH PUT DEFINED 01 0 WINDSTREAM CORP COM 97381W104 79 6800 SH PUT SOLE 0 YUM! BRANDS COM 988498101 395 8000 SH PUT DEFINED 01 0 YUM! BRANDS COM 988498101 198 4000 SH PUT SOLE 0