0001389610-11-000002.txt : 20110512 0001389610-11-000002.hdr.sgml : 20110512 20110512165552 ACCESSION NUMBER: 0001389610-11-000002 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20110331 FILED AS OF DATE: 20110512 DATE AS OF CHANGE: 20110512 EFFECTIVENESS DATE: 20110512 FILER: COMPANY DATA: COMPANY CONFORMED NAME: VERTEX ONE ASSET MANAGEMENT INC. CENTRAL INDEX KEY: 0001389610 IRS NUMBER: 000000000 STATE OF INCORPORATION: A1 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-12402 FILM NUMBER: 11836475 BUSINESS ADDRESS: STREET 1: 1920-1177 WEST HASTINGS STREET CITY: VANCOUVER STATE: A1 ZIP: V6E 2K3 BUSINESS PHONE: 604-681-5787 MAIL ADDRESS: STREET 1: 1920-1177 WEST HASTINGS STREET CITY: VANCOUVER STATE: A1 ZIP: V6E 2K3 13F-HR 1 q1-13f_2011.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: March 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: Vertex One Asset Management Inc. Address: 1920-1177 West Hastings Street Vancouver, British Columbia V6E 2K3 Form 13F File Number: 028-12402 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: Jeffrey D. McCord Title: Managing Director Phone: 604-681-5787 Signature, Place, and Date of Signing: Jeffrey D. McCord Vancouver, British Columbia May 12, 2011 ----------------- --------------------------- ------------ [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).) List of Other Managers Reporting for this Manager: None [If there are no entries in this list, omit this section.] FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: Seven Form 13F Information Table Entry Total: 100 Form 13F Information Table Value Total: $482,861 USD (in 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. [If there are no entries in this list, state "NONE" and omit the column headings and list entries.] No. Form 13F File Number Name 01 028-12401 Vertex Fund 02 028-12398 Rocky Mountain Investments Ltd. 03 028-12399 Simkor Investments Ltd. 04 028-12406 589321 BC Ltd. 05 028-12408 Jeffrey McCord 06 028-12407 John Thiessen 07 028-12403 Matthew Wood
TITLE OF VALUE X PRN SH/ PUT/ INVST OTHER VOTING AUTHORITY NAME OF ISSUER CLASS CUSIP ($1,000) AMT PUT CALL DISCR MANAGERS SOLE SHARED NONE --------------------------------------------------------------------------------------------------------------------------------- Airgas Inc COM 009363102 1,661 25,000 SH SOLE 01 02 03 04 05 06 07 SOLE Airtran Hldgs Inc NOTE 00949P108 2,138 287,000 SH SOLE 01 02 03 04 05 06 07 SOLE Alcon Inc COM SHS H01301102 4,320 26,100 SH SOLE 01 02 03 04 05 06 07 SOLE Anglogold Ashanti Hldgs Fin MAND BD CV 03512Q206 83,910 1,558,512 SH SOLE 01 02 03 04 05 06 07 SOLE Apple Inc COM 037833100 13,938 40,000 SH SOLE 01 02 03 04 05 06 07 SOLE Atheros Communications Inc COM 04743P108 7,930 177,600 SH SOLE 01 02 03 04 05 06 07 SOLE Bank of America Corporation PFD 060505682 3,223 3,188 SH SOLE 01 02 03 04 05 06 07 SOLE Beckman Coulter Inc COM 075811109 2,077 25,000 SH SOLE 01 02 03 04 05 06 07 SOLE Bucyrus Intl Inc New COM 118759109 4,847 53,000 SH SOLE 01 02 03 04 05 06 07 SOLE Crosshair Expl & Mng Corp COM 22763R408 188 163,500 SH SOLE 01 02 03 04 05 06 07 SOLE Dillards Inc CL A 254067101 37,107 924,900 SH SOLE 01 02 03 04 05 06 07 SOLE Fronteer Gold Inc COM 359032109 43,960 2,916,900 SH SOLE 01 02 03 04 05 06 07 SOLE Genzyme Corp COM 372917104 27,604 362,500 SH SOLE 01 02 03 04 05 06 07 SOLE Gran Tierra Energy Inc COM 38500T101 1,194 147,930 SH SOLE 01 02 03 04 05 06 07 SOLE Greenlight Capital Re Ltd Cl A G4095J109 5,631 199,600 SH SOLE 01 02 03 04 05 06 07 SOLE Hartford Finl Svcs Group Inc CONV PFD 416515708 7,668 294,000 SH SOLE 01 02 03 04 05 06 07 SOLE Iron Mtn Inc COM 462846106 6,246 200,000 SH SOLE 01 02 03 04 05 06 07 SOLE Lyondellbasell Industries SHS A N53745100 9,897 250,252 SH SOLE 01 02 03 04 05 06 07 SOLE Marathon Oil Corp COM 565849106 5,331 100,000 SH SOLE 01 02 03 04 05 06 07 SOLE Marshall & Ilsley Corp New COM 571837103 9,169 1,147,600 SH SOLE 01 02 03 04 05 06 07 SOLE Massey Energy Company COM 576206106 14,697 215,000 SH SOLE 01 02 03 04 05 06 07 SOLE Motorola Solutions Inc COM NEW 620076307 4,214 94,285 SH SOLE 01 02 03 04 05 06 07 SOLE North Amern Palladium Ltd COM 656912102 653 100,000 SH SOLE 01 02 03 04 05 06 07 SOLE Pan American Silver Corp COM 697900108 144 3,900 SH SOLE 01 02 03 04 05 06 07 SOLE Pride Intl Inc Del COM 74153Q102 6,443 150,000 SH SOLE 01 02 03 04 05 06 07 SOLE Semgroup Corp CL A 81663A105 5,252 186,500 SH SOLE 01 02 03 04 05 06 07 SOLE Silver Wheaton Corp COM 828336107 8,660 200,000 SH SOLE 01 02 03 04 05 06 07 SOLE Smurfit-Stone Container Corp COM 83272A104 7,730 200,000 SH SOLE 01 02 03 04 05 06 07 SOLE Sonde Res Corp COM 835426107 2,115 596,423 SH SOLE 01 02 03 04 05 06 07 SOLE Wells Fargo & Co New Pfd Cnv A 949746804 6,070 5,864 SH SOLE 01 02 03 04 05 06 07 SOLE Whiting Pete Corp New Pfd Conv 966387201 1,041 3,000 SH SOLE 01 02 03 04 05 06 07 SOLE AMERICAN CAPITAL AGENCY CORP COM 02503X105 554 18,996 SH SOLE 02 03 04 05 06 07 SOLE ANGLOGOLD ASHANTI HLDGS FIN MAND BD CV 03512Q206 4,027 74,800 SH SOLE 02 03 04 05 06 07 SOLE ANNALY CAP MGMT INC COM 035710409 393 22,500 SH SOLE 02 03 04 05 06 07 SOLE Apple Inc COM 037833100 2,659 7,630 SH SOLE 02 03 04 05 06 07 SOLE Aspen Insurance Holdings Ltd SHS G05384105 2,981 108,150 SH SOLE 02 03 04 05 06 07 SOLE ASPEN INSURNACE HOLDINGS LTD PFD G05384113 1,057 19,700 SH SOLE 02 03 04 05 06 07 SOLE BANCO SANTANDER SA ADR 05964H105 3,067 261,723 SH SOLE 02 03 04 05 06 07 SOLE BANK MONTREAL QUE COM 063671101 1,638 25,300 SH SOLE 02 03 04 05 06 07 SOLE Bank of America Corporation COM 060505104 1,012 75,920 SH SOLE 02 03 04 05 06 07 SOLE BCE INC COM NEW 05534B760 1,087 30,000 SH SOLE 02 03 04 05 06 07 SOLE BEAZER HOMES USA INC NT SUB 07556Q402 3,292 134,900 SH SOLE 02 03 04 05 06 07 SOLE BRISTOL MYERS SQUIBB CO COM 110122108 2,188 82,800 SH SOLE 02 03 04 05 06 07 SOLE CDN IMPERIAL BK OF COMMERCE COM 136069101 1,392 16,200 SH SOLE 02 03 04 05 06 07 SOLE Celestica Inc SHS 15101Q108 1,702 159,150 SH SOLE 02 03 04 05 06 07 SOLE CENTRAL EUROPEAN MEDIA NOTE 153443AH9 1,695 1,850,000 SH SOLE 02 03 04 05 06 07 SOLE Citigroup Inc COM 172967101 2,056 465,145 SH SOLE 02 03 04 05 06 07 SOLE CITIGROUP INC UNIT 172967416 2,359 18,650 SH SOLE 02 03 04 05 06 07 SOLE Dillards Inc CL A 254067101 1,970 49,100 SH SOLE 02 03 04 05 06 07 SOLE Disney Walt Co COM DISNEY 254687106 431 10,000 SH SOLE 02 03 04 05 06 07 SOLE Eastman Kodak CO NOTE 277461BJ7 896 1,000,000 SH SOLE 02 03 04 05 06 07 SOLE FIBERTOWER CORP NOTE 31567RAC4 1,515 1,305,000 SH SOLE 02 03 04 05 06 07 SOLE Fronteer Gold Inc COM 359032109 3,620 240,200 SH SOLE 02 03 04 05 06 07 SOLE General Electric Co COM 369604103 860 42,900 SH SOLE 02 03 04 05 06 07 SOLE Genworth Finl Inc COM CL A 37247D106 3,735 277,500 SH SOLE 02 03 04 05 06 07 SOLE Genzyme Corp COM 372917104 297 3,900 SH SOLE 02 03 04 05 06 07 SOLE Greenlight Capital Re Ltd CLASS A G4095J109 1,630 57,767 SH SOLE 02 03 04 05 06 07 SOLE Hartford Finl Svcs Group Inc CONV PFD 416515708 522 20,000 SH SOLE 02 03 04 05 06 07 SOLE HOVNANIAN ENTERPRISES UNC UNIT 44248W208 212 10,000 SH SOLE 02 03 04 05 06 07 SOLE Ingersoll-Rand PLC SHS G47791101 5,725 118,500 SH SOLE 02 03 04 05 06 07 SOLE JPMorgan Chase & Co COM 46625H100 876 19,000 SH SOLE 02 03 04 05 06 07 SOLE KEYCORP NEW PFD 493267405 360 3,200 SH SOLE 02 03 04 05 06 07 SOLE Keycorp New COM 493267108 1,026 115,500 SH SOLE 02 03 04 05 06 07 SOLE LILLY ELI & CO COM 532457108 957 27,200 SH SOLE 02 03 04 05 06 07 SOLE Louisiana Pac Corp COM 546347105 1,050 100,000 SH SOLE 02 03 04 05 06 07 SOLE MANULIFE FINL CORP COM 56501R106 465 26,300 SH SOLE 02 03 04 05 06 07 SOLE Mattel Inc COM 577081102 10,184 408,500 SH SOLE 02 03 04 05 06 07 SOLE MERCK & CO INC NEW COM 58933Y105 2,419 73,270 SH SOLE 02 03 04 05 06 07 SOLE MICROSOFT CORP COM 594918104 571 22,500 SH SOLE 02 03 04 05 06 07 SOLE Montpelier Re Holdings Ltd SHS G62185106 8,856 501,200 SH SOLE 02 03 04 05 06 07 SOLE OLD REP INTL CORP NOTE 680223AH7 1,003 1,000,000 SH SOLE 02 03 04 05 06 07 SOLE Old Rep Intl Corp COM 680223104 1,079 85,000 SH SOLE 02 03 04 05 06 07 SOLE Oncolytics Biotech Inc COM 682310107 755 130,000 SH SOLE 02 03 04 05 06 07 SOLE Pan American Silver Corp COM 697900108 3,221 87,000 SH SOLE 02 03 04 05 06 07 SOLE Partnerre Ltd COM G6852T105 9,675 122,100 SH SOLE 02 03 04 05 06 07 SOLE Pfizer Inc COM 717081103 7,017 345,500 SH SOLE 02 03 04 05 06 07 SOLE PITNEY BOWES INC COM 724479100 737 28,700 SH SOLE 02 03 04 05 06 07 SOLE Platinum Underwriter Hldgs COM G7127P100 9,890 259,900 SH SOLE 02 03 04 05 06 07 SOLE PLUM CREEK TIMBER CO INC COM 729251108 2,721 62,400 SH SOLE 02 03 04 05 06 07 SOLE QLT Inc COM 746927102 2,632 381,800 SH SOLE 02 03 04 05 06 07 SOLE Regions Financial Corp New COM 7591EP100 1,301 179,200 SH SOLE 02 03 04 05 06 07 SOLE Rogers Communications Inc CL B 775109200 725 20,000 SH SOLE 02 03 04 05 06 07 SOLE SANDISK CORP NOTE 80004CAC5 2,071 2,100,000 SH SOLE 02 03 04 05 06 07 SOLE SEADRILL LIMITED SHS G7945E105 2,038 56,500 SH SOLE 02 03 04 05 06 07 SOLE SHAW COMMUNICATIONS INC CL B 82028K200 820 39,000 SH SOLE 02 03 04 05 06 07 SOLE Silver Wheaton Corp COM 828336107 3,239 74,800 SH SOLE 02 03 04 05 06 07 SOLE Silvercorp Metals Inc COM 82835P103 218 15,000 SH SOLE 02 03 04 05 06 07 SOLE Sonde Res Corp COM 835426107 355 100,000 SH SOLE 02 03 04 05 06 07 SOLE Sprint Nextel Corp COM SER 1 852061100 1,703 367,000 SH SOLE 02 03 04 05 06 07 SOLE Starwood Ppty Tr Inc COM 85571B105 312 14,000 SH SOLE 02 03 04 05 06 07 SOLE SUN LIFE FINL INC COM 866796105 511 16,300 SH SOLE 02 03 04 05 06 07 SOLE Suntrust Bks Inc COM 867914103 1,191 41,300 SH SOLE 02 03 04 05 06 07 SOLE Synovus Finl Corp COM 87161C105 432 180,000 SH SOLE 02 03 04 05 06 07 SOLE SYNOVUS FINL CORP UNIT 87161C204 1,266 54,800 SH SOLE 02 03 04 05 06 07 SOLE Valeant Pharmaceuticals COM 91911K102 4,273 85,888 SH SOLE 02 03 04 05 06 07 SOLE Validus Holdings Ltd COM SHS G9319H102 113 3,400 SH SOLE 02 03 04 05 06 07 SOLE Wells Fargo& Co New COM 949746101 568 17,919 SH SOLE 02 03 04 05 06 07 SOLE Weyerhaeuser Co COM 962166104 30 1,226 SH SOLE 02 03 04 05 06 07 SOLE XL Group PLC COM G98290102 4,091 166,300 SH SOLE 02 03 04 05 06 07 SOLE Zions Bancorporation COM 989701107 2,480 107,533 SH SOLE 02 03 04 05 06 07 SOLE