13F-HR 1 q47x713f.txt FORM 13F - FOURTH QUARTER 2008 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, 2008 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: 7x7 Asset Management LLC Address: 201 California Street, Suite 930 San Francisco, CA 94111 Form 13F File Number: 028-12134 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: Douglas K. Lee Title: Manager Phone: 415-249-6800 Signature, Place and Date of Signing: /s/ Douglas K. Lee San Francisco, CA February 11, 2009 --------------------------- ------------------------ ----------------- [Signature] [City, State] [Date] 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).) 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: $122,084 [thousands] List of Other Included Managers: Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report. NONE 7x7 ASSET MANAGEMENT LLC FORM 13F INFORMATION TABLE - FOURTH QUARTER 2008
TITLE SHARES/ OF VALUE PRINCIPAL SH/ PUT/ INVSMT OTH VOTING AUTHORITY NAME OF ISSUER CLASS CUSIP (x$1000) AMOUNT PRN CALL DSCRTN MGRS SOLE SHARED NONE ========================================================================================================================== ASML HOLDING N V NY REG SHS N07059186 6,325 350,000 SH SOLE N/A 350,000 AU OPTRONICS CORP SPONS ADR 002255107 1,152 150,000 SH SOLE N/A 150,000 ALTERA CORP COM 021441100 4,178 250,000 SH SOLE N/A 250,000 COGO GROUP INC COM 192448108 12,012 2,471,611 SH SOLE N/A 2,471,611 CORNING INC COM 219350105 1,430 150,000 SH SOLE N/A 150,000 DATA DOMAIN INC COM 23767P109 940 50,000 SH SOLE N/A 50,000 EBAY INC COM 278642103 3,490 250,000 SH SOLE N/A 250,000 FIRST SOLAR INC COM 336433107 3,863 28,000 SH SOLE N/A 28,000 GOOGLE INC CL A 38259P508 9,230 30,000 SH SOLE N/A 30,000 KEMET CORP COM 488360108 2,142 7,934,100 SH SOLE N/A 7,934,100 LATTICE SEMICONDUCTOR CORP COM 518415104 8,879 5,880,000 SH SOLE N/A 5,880,000 MARVELL TECHNOLOGY GROUP LTD ORD G5876H105 4,502 675,000 SH SOLE N/A 675,000 POWERSHARES QQQ TRUST UNIT SER 1 73935A104 25,279 850,000 SH SOLE N/A 850,000 PROSHARES TR PSHS ULTRA 74347R305 13,570 425,000 SH SOLE N/A 425,000 DOW30 RESEARCH IN MOTION LTD COM 760975102 4,058 100,000 SH SOLE N/A 100,000 RIVERBED TECHNOLOGY INC COM 768573107 2,107 185,000 SH SOLE N/A 185,000 SPDR TR UNIT SER 1 78462F103 2,288 15,000 SH CALL SOLE N/A 15,000 STEC INC COM 784774101 5,742 1,348,000 SH SOLE N/A 1,348,000 SYNTHESIS ENERGY SYS INC COM 871628103 1,462 2,150,000 SH SOLE N/A 2,150,000 TERADYNE INC COM 880770102 4,980 1,180,000 SH SOLE N/A 1,180,000 XILINX INC COM 983919101 4,455 250,000 SH SOLE N/A 250,000