0001352910-12-000003.txt : 20120214
0001352910-12-000003.hdr.sgml : 20120214
20120214160038
ACCESSION NUMBER: 0001352910-12-000003
CONFORMED SUBMISSION TYPE: 13F-HR/A
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: Xaraf Management LLC
CENTRAL INDEX KEY: 0001352910
IRS NUMBER: 753106543
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 13F-HR/A
SEC ACT: 1934 Act
SEC FILE NUMBER: 028-11799
FILM NUMBER: 12609471
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/A
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: 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: 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 February 14, 2012
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: 201
Form 13F Information Table Value Total: $376,443
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
------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
ABBOTT LABS COM 002824100 1237 22000 SH PUT DEFINED 01 0
ABBOTT LABS COM 002824100 619 11000 SH PUT SOLE 0
ALCOA INC 5.25% 15MAR14 SDBCV 013817AT8 638 420000 PRN DEFINED 01 420000
ALCOA INC 5.25% 15MAR14 SDBCV 013817AT8 122 80000 PRN SOLE 80000
ALERE INC COM 01449J105 788 34134 SH DEFINED 01 34134
ALERE INC COM 01449J105 394 17066 SH SOLE 17066
ALLIANCE DATA SY 1.75% 01AUG13 SDBCV 018581AD0 9183 6667000 PRN DEFINED 01 6667000
ALLIANCE DATA SY 1.75% 01AUG13 SDBCV 018581AD0 4591 3333000 PRN SOLE 3333000
AMEDISYS INC COM 023436108 284 26000 SH CALL DEFINED 01 0
AMEDISYS INC COM 023436108 142 13000 SH CALL SOLE 0
AMER CONS STAPLES SPDR IDX ETF 81369Y308 575 17700 SH PUT DEFINED 01 0
AMER CONS STAPLES SPDR IDX ETF 81369Y308 289 8900 SH PUT SOLE 0
AMERIGROUP CORP 2% 15MAY12 SDBCV 03073TAB8 10289 7313000 PRN DEFINED 01 7313000
AMERIGROUP CORP 2% 15MAY12 SDBCV 03073TAB8 5146 3658000 PRN SOLE 3658000
AMEX ENERGY SELECT SPDR IDX COM 81369Y506 304 4400 SH PUT DEFINED 01 0
AMEX ENERGY SELECT SPDR IDX COM 81369Y506 152 2200 SH PUT SOLE 0
AMEX FINANCIAL SELECT SPDR IDX ETF 81369Y605 333 25600 SH PUT DEFINED 01 0
AMEX FINANCIAL SELECT SPDR IDX ETF 81369Y605 168 12900 SH PUT SOLE 0
AMEX TECH SELECT SPDR IDX ETF 81369Y803 354 13900 SH PUT DEFINED 01 0
AMEX TECH SELECT SPDR IDX ETF 81369Y803 178 7000 SH PUT SOLE 0
ANNALY CAPITAL 4% 15FEB15 SDBCV 035710AA0 4148 3667000 PRN DEFINED 01 3667000
ANNALY CAPITAL 4% 15FEB15 SDBCV 035710AA0 2074 1833000 PRN SOLE 1833000
APPLE INC COM 037833100 729 1800 SH PUT DEFINED 01 0
APPLE INC COM 037833100 365 900 SH PUT SOLE 0
ARENA PHARMACEUTICALS INC COM 040047102 41 22000 SH DEFINED 01 22000
ARENA PHARMACEUTICALS INC COM 040047102 21 11000 SH SOLE 11000
ARROW ELECTRONICS INC COM 042735100 176 4700 SH DEFINED 01 4700
ARROW ELECTRONICS INC COM 042735100 67 1800 SH SOLE 1800
BAIDU INC - ADR ADR 056752108 4892 42000 SH PUT DEFINED 01 0
BAIDU INC - ADR ADR 056752108 2446 21000 SH PUT SOLE 0
BANK OF AMERICA CORP COM 060505104 198 35600 SH DEFINED 01 35600
BANK OF AMERICA CORP COM 060505104 99 17800 SH SOLE 17800
BLUE COAT SYSTEMS INC COM 09534T508 407 16000 SH CALL DEFINED 01 0
BLUE COAT SYSTEMS INC COM 09534T508 204 8000 SH CALL SOLE 0
BMC SOFTWARE INC COM 055921100 590 18000 SH CALL DEFINED 01 0
BMC SOFTWARE INC COM 055921100 295 9000 SH CALL SOLE 0
BORGWARNER INC 3.5% 15APR12 SDBCV 099724AF3 17611 9051000 PRN DEFINED 01 9051000
BORGWARNER INC 3.5% 15APR12 SDBCV 099724AF3 8806 4526000 PRN SOLE 4526000
BRANDYWINE REALTY TRUST COM 105368203 143 15000 SH DEFINED 01 15000
BRANDYWINE REALTY TRUST COM 105368203 57 6000 SH SOLE 6000
CAVIUM INC COM 14964U108 256 9000 SH PUT DEFINED 01 0
CAVIUM INC COM 14964U108 128 4500 SH PUT SOLE 0
CITIGROUP INC-CW18 RT 172967234 32 667000 SH DEFINED 01 667000
CITIGROUP INC-CW18 RT 172967234 16 333000 SH SOLE 333000
CME GROUP INC COM 12572Q105 292 1200 SH CALL DEFINED 01 0
CME GROUP INC COM 12572Q105 585 2400 SH PUT DEFINED 01 0
CME GROUP INC COM 12572Q105 146 600 SH CALL SOLE 0
CME GROUP INC COM 12572Q105 292 1200 SH PUT SOLE 0
CONSUMER DISCRET SELECT SPDR ETF 81369Y407 226 5800 SH PUT DEFINED 01 0
CONSUMER DISCRET SELECT SPDR ETF 81369Y407 113 2900 SH PUT SOLE 0
CREE RESEARCH INC COM 225447101 1294 58700 SH CALL DEFINED 01 0
CREE RESEARCH INC COM 225447101 646 29300 SH CALL SOLE 0
D.R. HORTON INC COM 23331A109 84 6667 SH DEFINED 01 6667
D.R. HORTON INC COM 23331A109 42 3333 SH SOLE 3333
DILLARD INC CL A COM 254067101 180 4000 SH DEFINED 01 4000
DILLARD INC CL A COM 254067101 90 2000 SH SOLE 2000
DIREXION DLY EMG MKT BEAR 3X COM 25459W482 575 29200 SH PUT DEFINED 01 0
DIREXION DLY EMG MKT BEAR 3X COM 25459W482 288 14600 SH PUT SOLE 0
DOMINION RES CV 2.125% 15DEC23 SDBCV 25746UAT6 9846 6400000 PRN DEFINED 01 6400000
DOMINION RES CV 2.125% 15DEC23 SDBCV 25746UAT6 4923 3200000 PRN SOLE 3200000
ENDO PHARMACEUT 1.75% 15APR15 SDBCV 29264FAB2 3929 3001000 PRN DEFINED 01 3001000
ENDO PHARMACEUT 1.75% 15APR15 SDBCV 29264FAB2 1962 1499000 PRN SOLE 1499000
ENERGY CONVERSION DEVICES COM 292659109 8 38414 SH DEFINED 01 38414
ENERGY CONVERSION DEVICES COM 292659109 1 7283 SH SOLE 7283
FTI CONSULTING 3.75% 15JUL12 SDBCV 302941AB5 8292 6000000 PRN DEFINED 01 6000000
FTI CONSULTING 3.75% 15JUL12 SDBCV 302941AB5 4146 3000000 PRN SOLE 3000000
GEN MOTORS CV SR B 01DEC13 CVPFD 37045V209 1772 51666 SH DEFINED 01 51666
GEN MOTORS CV SR B 01DEC13 CVPFD 37045V209 886 25834 SH SOLE 25834
GENCO SHIPPING & TRADING LTD COM Y2685T107 676 100000 SH CALL DEFINED 01 0
GENCO SHIPPING & TRADING LTD COM Y2685T107 338 50000 SH CALL SOLE 0
GENWORTH FINANCIAL INC-CL A COM 37247D106 142 21734 SH DEFINED 01 21734
GENWORTH FINANCIAL INC-CL A COM 37247D106 71 10868 SH SOLE 10868
GREAT PLAINS ENERGY INC 12% CVPFD 391164803 2184 33000 SH DEFINED 01 33000
GREAT PLAINS ENERGY INC 12% CVPFD 391164803 1125 17000 SH SOLE 17000
GREEN MOUNTAIN COFFEE INC COM 393122106 260 5800 SH CALL DEFINED 01 0
GREEN MOUNTAIN COFFEE INC COM 393122106 130 2900 SH CALL SOLE 0
H J HEINZ CO COM 423074103 681 12600 SH CALL DEFINED 01 0
H J HEINZ CO COM 423074103 2054 38000 SH PUT DEFINED 01 0
H J HEINZ CO COM 423074103 340 6300 SH CALL SOLE 0
H J HEINZ CO COM 423074103 1027 19000 SH PUT SOLE 0
HONEYWELL INTL INC COM 438516106 870 16000 SH PUT DEFINED 01 0
HONEYWELL INTL INC COM 438516106 435 8000 SH PUT SOLE 0
HOSPITALITY PROPERTIES TRUST COM 44106M102 1034 45000 SH DEFINED 01 45000
HOSPITALITY PROPERTIES TRUST COM 44106M102 825 35900 SH SOLE 35900
HOVNANIAN ENTERPRISES INC A COM 442487203 87 60000 SH DEFINED 01 60000
HOVNANIAN ENTERPRISES INC A COM 442487203 44 30000 SH SOLE 30000
INDUSTRIAL SELECT SECT SPDR ETF 81369Y704 270 8000 SH PUT DEFINED 01 0
INDUSTRIAL SELECT SECT SPDR ETF 81369Y704 132 3900 SH PUT SOLE 0
INGERSOLL-RAND CO 4.5% 15APR12 SDBCV 45687AAD4 10296 6001000 PRN DEFINED 01 6001000
INGERSOLL-RAND CO 4.5% 15APR12 SDBCV 45687AAD4 5145 2999000 PRN SOLE 2999000
INOVIO PHARMACEUTICALS INC COM 45773H102 56 129633 SH DEFINED 01 129633
ISHARES DJ US TELECOMMUNICAT ETF 464287713 267 12700 SH PUT DEFINED 01 0
ISHARES DJ US TELECOMMUNICAT ETF 464287713 132 6300 SH PUT SOLE 0
ISHARES SILVER TRUST COM 46428Q109 1051 39000 SH CALL DEFINED 01 0
ISHARES SILVER TRUST COM 46428Q109 525 19500 SH CALL SOLE 0
KIMCO REALTY CORP COM 49446R109 179 11000 SH DEFINED 01 11000
LAB CORP CV 0% 11SEP21 SDBCV 50540RAG7 961 834000 PRN DEFINED 01 834000
LAB CORP CV 0% 11SEP21 SDBCV 50540RAG7 479 416000 PRN SOLE 416000
LEVEL 3 COMM CV 6.5% 01OCT16 SDBCV 52729NBR0 131 107000 PRN DEFINED 01 107000
LEVEL 3 COMM CV 6.5% 01OCT16 SDBCV 52729NBR0 65 53000 PRN SOLE 53000
LIMITED BRANDS COM 532716107 161 4000 SH DEFINED 01 4000
LIMITED BRANDS COM 532716107 565 14000 SH PUT DEFINED 01 0
LIMITED BRANDS COM 532716107 81 2000 SH SOLE 2000
LIMITED BRANDS COM 532716107 282 7000 SH PUT SOLE 0
LOCKHEED MARTIN CORP COM 539830109 256 3170 SH PUT DEFINED 01 0
LOCKHEED MARTIN CORP COM 539830109 128 1585 SH PUT SOLE 0
LOUISIANA PACIFIC CORP COM 546347105 682 84500 SH DEFINED 01 84500
LOUISIANA PACIFIC CORP COM 546347105 242 30000 SH CALL DEFINED 01 0
LOUISIANA PACIFIC CORP COM 546347105 327 40500 SH SOLE 40500
LOUISIANA PACIFIC CORP COM 546347105 121 15000 SH CALL SOLE 0
MACY'S INC COM 55616P104 274 8500 SH DEFINED 01 8500
MACY'S INC COM 55616P104 161 5000 SH SOLE 5000
MARKET VECTORS RUSSIA COM 57060U506 288 10800 SH PUT DEFINED 01 0
MARKET VECTORS RUSSIA COM 57060U506 144 5400 SH PUT SOLE 0
MARKET VEXTORS GOLD MINERS COM 57060U100 617 12000 SH CALL DEFINED 01 0
MARKET VEXTORS GOLD MINERS COM 57060U100 309 6000 SH CALL SOLE 0
MASCO CORP COM 574599106 236 22500 SH DEFINED 01 22500
MASCO CORP COM 574599106 157 15000 SH SOLE 15000
MCCLATCHY CO CL-A COM 579489105 20 8267 SH DEFINED 01 8267
MCCLATCHY CO CL-A COM 579489105 10 4133 SH SOLE 4133
MEDICIS PHARM CV 2.5% 04JUN203 SDBCV 58470KAA2 2001 1667000 PRN DEFINED 01 1667000
MEDICIS PHARM CV 2.5% 04JUN203 SDBCV 58470KAA2 1000 833000 PRN SOLE 833000
METLIFE INC 5% 11SEPT13 CVPFD 59156R116 1079 17500 SH DEFINED 01 17500
METLIFE INC 5% 11SEPT13 CVPFD 59156R116 1079 17500 SH SOLE 17500
MICRON TECH INC COM 595112103 119 18867 SH DEFINED 01 18867
MICRON TECH INC COM 595112103 59 9433 SH SOLE 9433
MOBILE TELESYSTEMS-SP ADR ADR 607409109 208 14200 SH PUT DEFINED 01 0
MOBILE TELESYSTEMS-SP ADR ADR 607409109 104 7100 SH PUT SOLE 0
MOTOROLA SOLUTIONS INC COM 620076307 544 11757 SH DEFINED 01 11757
MOTOROLA SOLUTIONS INC COM 620076307 93 2000 SH SOLE 2000
MYLAN INC CV 3.75% 15SEP15 A SDBCV 628530AJ6 4653 2667000 PRN DEFINED 01 2667000
MYLAN INC CV 3.75% 15SEP15 A SDBCV 628530AJ6 2326 1333000 PRN SOLE 1333000
NATL RETAIL CV 3.95% 15SEP26 SDBCV 637417AA4 7138 6333000 PRN DEFINED 01 6333000
NATL RETAIL CV 3.95% 15SEP26 SDBCV 637417AA4 3570 3167000 PRN SOLE 3167000
NEW YORK TIMES CO CL A COM 650111107 257 33266 SH DEFINED 01 33266
NEW YORK TIMES CO CL A COM 650111107 132 17134 SH SOLE 17134
NEWMONT MINING 3% 15FEB12 SDBCV 651639AK2 11524 8767000 PRN DEFINED 01 8767000
NEWMONT MINING 3% 15FEB12 SDBCV 651639AK2 5763 4384000 PRN SOLE 4384000
OLIN CORP COM 680665205 494 25115 SH DEFINED 01 25115
OLIN CORP COM 680665205 328 16700 SH CALL DEFINED 01 0
OLIN CORP COM 680665205 239 12185 SH SOLE 12185
OLIN CORP COM 680665205 163 8300 SH CALL SOLE 0
PAYCHEX INC COM 704326107 967 32100 SH CALL DEFINED 01 0
PAYCHEX INC COM 704326107 388 12900 SH CALL SOLE 0
PENDRELL CORPORATION COM 70686R104 56 22000 SH DEFINED 01 22000
PENDRELL CORPORATION COM 70686R104 28 11000 SH SOLE 11000
PGT INC COM 69336V101 13 11747 SH DEFINED 01 11747
PGT INC COM 69336V101 6 5874 SH SOLE 5874
PROSHARES ULTRASHORT X COM 74347R297 940 52100 SH DEFINED 01 52100
PROSHARES ULTRASHORT X COM 74347R297 9648 534500 SH PUT DEFINED 01 0
PROSHARES ULTRASHORT X COM 74347R297 475 26300 SH SOLE 26300
PROSHARES ULTRASHORT X COM 74347R297 3702 205100 SH PUT SOLE 0
RACKSPACE HOSTING INC COM 750086100 576 13400 SH PUT DEFINED 01 0
RACKSPACE HOSTING INC COM 750086100 288 6700 SH PUT SOLE 0
ROPER INDUS CV 0% 15JAN34 SDBCV 776696AA4 56769 52082000 PRN DEFINED 01 52082000
ROPER INDUS CV 0% 15JAN34 SDBCV 776696AA4 3811 3496000 PRN SOLE 3496000
ROYAL CARIBBEAN CRUISES LTD COM V7780T103 176 7100 SH DEFINED 01 7100
ROYAL CARIBBEAN CRUISES LTD COM V7780T103 111 4500 SH SOLE 4500
S&P 500 DEPOSITORY RECEIPT COM 78462F103 653 5200 SH CALL DEFINED 01 0
S&P 500 DEPOSITORY RECEIPT COM 78462F103 979 7800 SH PUT DEFINED 01 0
S&P 500 DEPOSITORY RECEIPT COM 78462F103 326 2600 SH CALL SOLE 0
S&P 500 DEPOSITORY RECEIPT COM 78462F103 489 3900 SH PUT SOLE 0
SOUTHWEST AIRLINES COM 844741108 191 22300 SH DEFINED 01 22300
SOUTHWEST AIRLINES COM 844741108 86 10100 SH SOLE 10100
SPDR GOLD TRUST COM 78463V107 486 3200 SH DEFINED 01 3200
SPDR GOLD TRUST COM 78463V107 1687 11100 SH CALL DEFINED 01 0
SPDR GOLD TRUST COM 78463V107 20427 134400 SH PUT DEFINED 01 0
SPDR GOLD TRUST COM 78463V107 882 5800 SH SOLE 5800
SPDR GOLD TRUST COM 78463V107 1672 11000 SH CALL SOLE 0
SPDR GOLD TRUST COM 78463V107 16126 106100 SH PUT SOLE 0
SPRINT NEXTEL CORP COM 852061100 26 11200 SH DEFINED 01 11200
SPRINT NEXTEL CORP COM 852061100 13 5600 SH SOLE 5600
SYMANTEC CORP COM 871503108 1952 124745 SH DEFINED 01 124745
SYMANTEC CORP COM 871503108 974 62255 SH SOLE 62255
TALBOTS INC COM 874161102 56 21000 SH DEFINED 01 21000
TALBOTS INC COM 874161102 28 10500 SH SOLE 10500
TATA MOTORS LTD-SPON ADR ADR 876568502 503 29760 SH SHARE 01
TEVA PHARMACEUTICAL-SPON ADR ADR 881624209 441 10937 SH DEFINED 01 10937
TEVA PHARMACEUTICAL-SPON ADR ADR 881624209 220 5463 SH SOLE 5463
TEXTRON INC 4.5% 01MAY13 SDBCV 883203BN0 7675 5001000 PRN DEFINED 01 5001000
TEXTRON INC 4.5% 01MAY13 SDBCV 883203BN0 3835 2499000 PRN SOLE 2499000
THE HERSHEY COMPANY COM 427866108 210 3400 SH CALL DEFINED 01 0
THE HERSHEY COMPANY COM 427866108 1483 24000 SH PUT DEFINED 01 0
THE HERSHEY COMPANY COM 427866108 105 1700 SH CALL SOLE 0
THE HERSHEY COMPANY COM 427866108 741 12000 SH PUT SOLE 0
TRANSOCEAN LTD COM H8817H100 461 12000 SH CALL DEFINED 01 0
TRANSOCEAN LTD COM H8817H100 230 6000 SH CALL SOLE 0
TRINITY INDUSTRIES COM 896522109 519 17263 SH DEFINED 01 17263
TRINITY INDUSTRIES COM 896522109 260 8637 SH SOLE 8637
TRIUMPH GROUP CV 2.625% 01OCT2 SDBCV 896818AB7 20989 9782000 PRN DEFINED 01 9782000
TRIUMPH GROUP CV 2.625% 01OCT2 SDBCV 896818AB7 10495 4891000 PRN SOLE 4891000
ULTIMATE SOFTWARE GROUP INC COM 90385D107 274 4200 SH PUT DEFINED 01 0
ULTIMATE SOFTWARE GROUP INC COM 90385D107 137 2100 SH PUT SOLE 0
UNITED STATES STEEL GROUP COM 912909108 138 5200 SH DEFINED 01 5200
UNITED STATES STEEL GROUP COM 912909108 69 2600 SH SOLE 2600
VIMPELCOM LTD-SPON ADR ADR 92719A106 208 22000 SH PUT DEFINED 01 0
VIMPELCOM LTD-SPON ADR ADR 92719A106 104 11000 SH PUT SOLE 0
WINDSTREAM CORP COM 97381W104 161 13700 SH PUT DEFINED 01 0
WINDSTREAM CORP COM 97381W104 80 6800 SH PUT SOLE 0
YUM! BRANDS COM 988498101 1298 22000 SH PUT DEFINED 01 0
YUM! BRANDS COM 988498101 649 11000 SH PUT SOLE 0