-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, Ibs1p8gOvnRO9ZmeKqyNu4AO1yCbPyTsbk9O6N1Oga2MF4ii8IKX+nbrx6UciWZe dIR+hBQo0vtTSyZ1lgv4Xw== 0000919574-09-010286.txt : 20090514 0000919574-09-010286.hdr.sgml : 20090514 20090514105939 ACCESSION NUMBER: 0000919574-09-010286 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20090331 FILED AS OF DATE: 20090514 DATE AS OF CHANGE: 20090514 EFFECTIVENESS DATE: 20090514 FILER: COMPANY DATA: COMPANY CONFORMED NAME: DIALECTIC CAPITAL MANAGEMENT, LLC CENTRAL INDEX KEY: 0001411512 IRS NUMBER: 000000000 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-12674 FILM NUMBER: 09824885 BUSINESS ADDRESS: STREET 1: 875 THIRD AVENUE, 15TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 212-230-3220 MAIL ADDRESS: STREET 1: 875 THIRD AVENUE, 15TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 13F-HR 1 d988109_13f-hr.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, 2009 Check here if Amendment: |_|; Amendment Number: This Amendment (Check only one): |_| is a restatement |_| adds new holding entries. Institutional Manager Filing this Report: Name: Dialectic Capital Management, LLC Address: 875 Third Avenue, 15th Floor New York, New York 10022 13F File Number: 028-12647 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: John Fichthorn Title: Managing Member Phone: 212-230-3220 Signature, Place and Date of Signing: /s/John Fichthorn New York, New York May 14, 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 managers(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 Form 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 1 Form 13F Information Table Entry Total: 192 Form 13F Information Table Value Total: $455,558 (thousands) List of Other Included Managers: 13F File Number Name 1. 028-13402 Dialectic Antithesis Offshore, Ltd.
FORM 13F INFORMATION TABLE COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (X$1000) PRN AMT PRN CALL DISCRETION MNGRS SOLE SHARED NONE - ------------------------------------------------------------------------------------------------------------------------------------ A D C TELECOMMUNICATIONS NOTE 3.500% 7/1 000886AE1 1,890 4,000,000 PRN SOLE 4,000,000 A D C TELECOMMUNICATIONS NOTE 3.500% 7/1 000886AE1 567 1,200,000 PRN SHARED 1 1,200,000 ACTIVISION BLIZZARD INC COM 00507V109 3,422 327,157 SH SOLE 327,157 ACTIVISION BLIZZARD INC COM 00507V109 1,811 173,166 SH SHARED 1 173,166 AIRGAS INC COM 009363102 3,775 111,657 SH SOLE 111,657 AIRGAS INC COM 009363102 1,933 57,170 SH SHARED 1 57,170 AKAMAI TECHNOLOGIES INC NOTE 1.000%12/1 00971TAE1 4,065 3,000,000 PRN SOLE 3,000,000 AKAMAI TECHNOLOGIES INC NOTE 1.000%12/1 00971TAE1 1,220 900,000 PRN SHARED 1 900,000 ALCOA INC COM 013817101 775 105,553 SH SOLE 105,553 ALCOA INC COM 013817101 424 57,763 SH SHARED 1 57,763 ALTRIA GROUP INC COM 02209S103 4,029 251,505 SH SOLE 251,505 ALTRIA GROUP INC COM 02209S103 2,028 126,617 SH SHARED 1 126,617 APPLE INC COM 037833100 691 6,574 SH SOLE 6,574 APPLIED MICRO CIRCUITS CORP COM 03822W406 532 109,561 SH SOLE 109,561 ATMEL CORP COM 049513104 1,059 291,602 SH SOLE 291,602 ATMEL CORP COM 049513104 194 53,524 SH SHARED 1 53,524 AUTODESK INC COM 052769106 387 23,000 SH SOLE 23,000 BANCO LATINOAMERICANO DE EXP CL E P16994132 408 43,575 SH SOLE 43,575 BLACKBOARD INC NOTE 3.250% 7/0 091935AA4 925 1,000,000 PRN SOLE 1,000,000 BLUEPHOENIX SOLUTIONS LTD SHS M20157109 728 379,206 SH SOLE 379,206 BLUEPHOENIX SOLUTIONS LTD SHS M20157109 458 238,784 SH SHARED 1 238,784 BROADCOM CORP CL A 111320107 208 10,422 SH SOLE 10,422 CADENCE DESIGN SYSTEM INC NOTE 1.375%12/1 127387AD0 1,494 2,000,000 PRN SOLE 2,000,000 CADENCE DESIGN SYSTEM INC NOTE 1.500%12/1 127387AF5 1,505 2,500,000 PRN SOLE 2,500,000 CADENCE DESIGN SYSTEM INC NOTE 1.500%12/1 127387AF5 834 1,385,000 PRN SHARED 1 1,385,000 CADENCE DESIGN SYSTEM INC NOTE 1.375%12/1 127387AD0 832 1,113,000 PRN SHARED 1 1,113,000 CALIFORNIA MICRO DEVICES COR COM 130439102 4,875 2,006,000 SH SOLE 2,006,000 CALIFORNIA MICRO DEVICES COR COM 130439102 2,251 926,445 SH SHARED 1 926,445 CAMPBELL SOUP CO COM 134429109 2,763 100,996 SH SOLE 100,996 CAMPBELL SOUP CO COM 134429109 1,520 55,550 SH SHARED 1 55,550 CERADYNE INC NOTE 2.875%12/1 156710AA3 1,048 1,300,000 PRN SOLE 1,300,000 CERADYNE INC NOTE 2.875%12/1 156710AA3 331 410,000 PRN SHARED 1 410,000 CME GROUP INC COM 12572Q105 462 1,877 SH SOLE 1,877 CMS ENERGY CORP COM 125896100 2,111 178,264 SH SOLE 178,264 CMS ENERGY CORP COM 125896100 940 79,402 SH SHARED 1 79,402 COMCAST CORP NEW CL A SPL 20030N200 3,436 266,966 SH SOLE 266,966 COMCAST CORP NEW CL A SPL 20030N200 1,635 127,044 SH SHARED 1 127,044 DEUTSCHE BK AG LONDON BRH PS CR OIL DD ETN 25154K882 3,307 1,193,904 SH SOLE 1,193,904 DEUTSCHE BK AG LONDON BRH PS CR OIL DD ETN 25154K882 1,658 598,597 SH SHARED 1 598,597 DIREXION SHS ETF TR FINL BEAR 3X 25459W607 1,448 70,000 SH SOLE 70,000 DIREXION SHS ETF TR FINL BEAR 3X 25459W607 804 38,850 SH SHARED 1 38,850 DRUGSTORE COM INC COM 262241102 49 41,797 SH SOLE 41,797 EBAY INC COM 278642103 262 20,850 SH SOLE 20,850 ELECTRONIC ARTS INC COM 285512109 2,751 151,255 SH SOLE 151,255 ELECTRONIC ARTS INC COM 285512109 1,553 85,391 SH SHARED 1 85,391 ENERGY CONVERSION DEVICES IN NOTE 3.000% 6/1 292659AA7 1,053 2,000,000 PRN SOLE 2,000,000 ENERGY CONVERSION DEVICES IN NOTE 3.000% 6/1 292659AA7 299 569,000 PRN SHARED 1 569,000 EPICOR SOFTWARE CORP NOTE 2.375% 5/1 29426LAA6 4,794 7,500,000 PRN SOLE 7,500,000 EPICOR SOFTWARE CORP NOTE 2.375% 5/1 29426LAA6 2,665 4,170,000 PRN SHARED 1 4,170,000 FEI CO NOTE 2.875% 6/0 30241LAF6 856 1,000,000 PRN SOLE 1,000,000 FEI CO NOTE 2.875% 6/0 30241LAF6 490 572,000 PRN SHARED 1 572,000 FIFTH STREET FINANCE CORP COM 31678A103 1,450 187,311 SH SOLE 187,311 FIFTH STREET FINANCE CORP COM 31678A103 537 69,367 SH SHARED 1 69,367 FULL HOUSE RESORTS INC COM 359678109 820 695,319 SH SOLE 695,319 FULL HOUSE RESORTS INC COM 359678109 399 338,131 SH SHARED 1 338,131 GAMESTOP CORP NEW COM 36467W109 4,385 156,478 SH SOLE 156,478 GAMESTOP CORP NEW COM 36467W109 2,119 75,620 SH SHARED 1 75,620 GAP INC DEL COM 364760108 2,742 211,067 SH SOLE 211,067 GAP INC DEL COM 364760108 1,514 116,584 SH SHARED 1 116,584 GSE SYS INC COM 36227K106 3,449 579,583 SH SOLE 579,583 GSE SYS INC COM 36227K106 1,804 303,118 SH SHARED 1 303,118 GULFMARK OFFSHORE INC COM 402629109 6,715 281,413 SH SOLE 281,413 GULFMARK OFFSHORE INC COM 402629109 2,780 116,493 SH SHARED 1 116,493 I2 TECHNOLOGIES INC COM 465754208 1,237 156,642 SH SOLE 156,642 I2 TECHNOLOGIES INC COM 465754208 221 27,970 SH SHARED 1 27,970 IKANOS COMMUNICATIONS COM 45173E105 3,748 2,677,368 SH SOLE 2,677,368 IKANOS COMMUNICATIONS COM 45173E105 2,009 1,434,910 SH SHARED 1 1,434,910 INTERCONTINENTALEXCHANGE INC COM 45865V100 2,472 33,191 SH SOLE 33,191 INTERCONTINENTALEXCHANGE INC COM 45865V100 1,173 15,755 SH SHARED 1 15,755 ISHARES TR BARCLYS TIPS BD 464287176 533 5,190 SH SOLE 5,190 ISHARES TR MSCI EMERG MKT 464287234 90 1,008 SH SOLE 1,008 ISHARES TR IBOXX INV CPBD 464287242 4,886 51,915 SH SOLE 51,915 ISHARES TR HIGH YLD CORP 464288513 10,869 160,315 SH SOLE 160,315 ISHARES TR MSCI EMERG MKT 464287234 50 557 SH SHARED 1 557 ISHARES TR BARCLYS TIPS BD 464287176 285 2,774 SH SHARED 1 2,774 ISHARES TR HIGH YLD CORP 464288513 5,870 86,583 SH SHARED 1 86,583 ISHARES TR IBOXX INV CPBD 464287242 2,612 27,750 SH SHARED 1 27,750 KROGER CO COM 501044101 4,401 207,418 SH SOLE 207,418 KROGER CO COM 501044101 2,355 111,000 SH SHARED 1 111,000 LAS VEGAS SANDS CORP COM 517834107 908 301,526 SH SOLE 301,526 LAS VEGAS SANDS CORP COM 517834107 501 166,500 SH SHARED 1 166,500 LAWSON SOFTWARE INC NEW NOTE 2.500% 4/1 52078PAA0 3,135 4,000,000 PRN SOLE 4,000,000 LAWSON SOFTWARE INC NEW NOTE 2.500% 4/1 52078PAA0 604 771,000 PRN SHARED 1 771,000 LEADIS TECHNOLOGY INC COM 52171N103 1,811 3,019,063 SH SOLE 3,019,063 LEADIS TECHNOLOGY INC COM 52171N103 874 1,456,079 SH SHARED 1 1,456,079 LG DISPLAY CO LTD COM 50186V102 1,858 181,797 SH SOLE 181,797 LG DISPLAY CO LTD COM 50186V102 837 81,891 SH SHARED 1 81,891 LIMELIGHT NETWORKS INC COM 53261M104 742 221,536 SH SOLE 221,536 LIMELIGHT NETWORKS INC COM 53261M104 21 6,277 SH SHARED 1 6,277 LUCENT TECHNOLOGIES INC CNV 549463AG2 3,517 4,000,000 PRN SOLE 4,000,000 LUCENT TECHNOLOGIES INC CNV 549463AG2 1,952 2,220,000 PRN SHARED 1 2,220,000 MACQUARIE INFRASTR CO LLC MEMBERSHIP INT 55608B105 275 199,208 SH SOLE 199,208 MACQUARIE INFRASTR CO LLC MEMBERSHIP INT 55608B105 152 110,001 SH SHARED 1 110,001 MACROVISION CORP NOTE 2.625% 8/1 555904AB7 274 300,000 PRN SOLE 300,000 MCCORMICK & CO INC COM NON VTG 579780206 2,603 88,032 SH SOLE 88,032 MCCORMICK & CO INC COM NON VTG 579780206 1,356 45,862 SH SHARED 1 45,862 MCDONALDS CORP COM 580135101 2,524 46,259 SH SOLE 46,259 MCDONALDS CORP COM 580135101 1,370 25,108 SH SHARED 1 25,108 MELCO CROWN ENTMT LTD ADR 585464100 2,401 731,870 SH SOLE 731,870 MELCO CROWN ENTMT LTD ADR 585464100 1,332 406,081 SH SHARED 1 406,081 MICRON TECHNOLOGY INC NOTE 1.875% 6/0 595112AH6 1,398 3,000,000 PRN SOLE 3,000,000 MICRON TECHNOLOGY INC NOTE 1.875% 6/0 595112AH6 795 1,704,900 PRN SHARED 1 1,704,900 MOLSON COORS BREWING CO CL B 60871R209 1,075 31,373 SH SOLE 31,373 MOLSON COORS BREWING CO CL B 60871R209 572 16,698 SH SHARED 1 16,698 MONSANTO CO NEW COM 61166W101 3,165 38,089 SH SOLE 38,089 MONSANTO CO NEW COM 61166W101 1,584 19,056 SH SHARED 1 19,056 NETAPP INC COM 64110D104 1,388 93,521 SH SOLE 93,521 NETAPP INC COM 64110D104 561 37,781 SH SHARED 1 37,781 NICHOLAS-APPLEGATE CV & INC COM 65370F101 844 182,594 SH SOLE 182,594 NIKE INC COM 654106103 3,299 70,356 SH SOLE 70,356 NIKE INC COM 654106103 1,822 38,850 SH SHARED 1 38,850 NVIDIA CORP COM 67066G104 427 43,305 SH SOLE 43,305 OVERSTOCK COM INC DEL NOTE 3.750%12/0 690370AB7 1,073 2,000,000 PRN SOLE 2,000,000 OVERSTOCK COM INC DEL NOTE 3.750%12/0 690370AB7 595 1,110,000 PRN SHARED 1 1,110,000 OWENS ILL INC COM NEW 690768403 2,709 187,602 SH SOLE 187,602 OWENS ILL INC COM NEW 690768403 1,137 78,712 SH SHARED 1 78,712 PACTIV CORP COM 695257105 3,092 211,943 SH SOLE 211,943 PACTIV CORP COM 695257105 1,516 103,900 SH SHARED 1 103,900 PATNI COMPUTER SYS SPONS ADR 703248203 1,201 216,817 SH SOLE 216,817 PATRIOT TRANSN HLDG INC COM 70337B102 1,678 26,919 SH SOLE 26,919 PATRIOT TRANSN HLDG INC COM 70337B102 714 11,464 SH SHARED 1 11,464 PENN NATL GAMING INC COM 707569109 8,493 351,680 SH SOLE 351,680 PENN NATL GAMING INC COM 707569109 4,263 176,530 SH SHARED 1 176,530 PERVASIVE SOFTWARE INC COM 715710109 4,309 1,104,787 SH SOLE 1,104,787 PERVASIVE SOFTWARE INC COM 715710109 2,020 518,042 SH SHARED 1 518,042 PHILIP MORRIS INTL INC COM 718172109 3,317 93,222 SH SOLE 93,222 PHILIP MORRIS INTL INC COM 718172109 1,808 50,817 SH SHARED 1 50,817 PINNACLE ENTMT INC COM 723456109 1,772 251,724 SH SOLE 251,724 PINNACLE ENTMT INC COM 723456109 930 132,035 SH SHARED 1 132,035 PMC-SIERRA INC NOTE 2.250%10/1 69344FAD8 5,018 5,000,000 PRN SOLE 5,000,000 PMC-SIERRA INC NOTE 2.250%10/1 69344FAD8 2,856 2,846,000 PRN SHARED 1 2,846,000 POWERSHARES DB CMDTY IDX TRA UNIT BEN INT 73935S105 4,153 207,662 SH SOLE 207,662 POWERSHARES DB CMDTY IDX TRA UNIT BEN INT 73935S105 2,220 111,000 SH SHARED 1 111,000 POWERSHS DB MULTI SECT COMM DB BASE METALS 73936B705 4,109 311,493 SH SOLE 311,493 POWERSHS DB MULTI SECT COMM DB AGRICULT FD 73936B408 3,819 155,928 SH SOLE 155,928 POWERSHS DB MULTI SECT COMM DB BASE METALS 73936B705 2,196 166,500 SH SHARED 1 166,500 POWERSHS DB MULTI SECT COMM DB AGRICULT FD 73936B408 1,543 63,019 SH SHARED 1 63,019 PPG INDS INC COM 693506107 815 22,087 SH SOLE 22,087 PPG INDS INC COM 693506107 465 12,594 SH SHARED 1 12,594 PROSHARES TR PSHS ULT S&P 500 74347R297 16,526 378,687 SH SOLE 378,687 PROSHARES TR PSHS ULT S&P 500 74347R297 9,286 212,796 SH SHARED 1 212,796 QUALCOMM INC COM 747525103 1,318 33,865 SH SOLE 33,865 QUANTUM CORP NOTE 4.375% 8/0 747906AE5 3,740 5,500,000 PRN SOLE 5,500,000 QUANTUM CORP NOTE 4.375% 8/0 747906AE5 2,077 3,055,000 PRN SHARED 1 3,055,000 QUEST SOFTWARE INC COM 74834T103 2,391 188,569 SH SOLE 188,569 QUEST SOFTWARE INC COM 74834T103 725 57,169 SH SHARED 1 57,169 REGAL ENTMT GROUP CL A 758766109 11,580 863,515 SH SOLE 863,515 REGAL ENTMT GROUP CL A 758766109 5,750 428,772 SH SHARED 1 428,772 REPUBLIC AWYS HLDGS INC COM 760276105 2,573 397,003 SH SOLE 397,003 REPUBLIC AWYS HLDGS INC COM 760276105 1,300 200,562 SH SHARED 1 200,562 ROCK-TENN CO CL A 772739207 2,719 100,509 SH SOLE 100,509 ROCK-TENN CO CL A 772739207 1,501 55,500 SH SHARED 1 55,500 SABA SOFTWARE INC COM NEW 784932600 675 399,343 SH SOLE 399,343 SABA SOFTWARE INC COM NEW 784932600 216 127,541 SH SHARED 1 127,541 SAFEWAY INC COM NEW 786514208 1,881 93,167 SH SOLE 93,167 SAFEWAY INC COM NEW 786514208 979 48,511 SH SHARED 1 48,511 SAPIENT CORP COM 803062108 641 143,464 SH SOLE 143,464 SELECT SECTOR SPDR TR SBI INT-INDS 81369Y704 2,786 151,185 SH SOLE 151,185 SELECT SECTOR SPDR TR SBI CONS DISCR 81369Y407 2,962 150,739 SH SOLE 150,739 SELECT SECTOR SPDR TR SBI INT-ENERGY 81369Y506 4,925 115,998 SH SOLE 115,998 SELECT SECTOR SPDR TR SBI INT-INDS 81369Y704 791 42,945 SH SHARED 1 42,945 SELECT SECTOR SPDR TR SBI CONS DISCR 81369Y407 844 42,945 SH SHARED 1 42,945 SELECT SECTOR SPDR TR SBI INT-ENERGY 81369Y506 2,453 57,763 SH SHARED 1 57,763 SILICON STORAGE TECHNOLOGY I COM 827057100 3,653 2,213,868 SH SOLE 2,213,868 SILICON STORAGE TECHNOLOGY I COM 827057100 1,996 1,209,490 SH SHARED 1 1,209,490 SMITH & WESSON HLDG CORP COM 831756101 1,748 290,301 SH SOLE 290,301 SMITH & WESSON HLDG CORP COM 831756101 776 128,835 SH SHARED 1 128,835 SMUCKER J M CO COM NEW 832696405 1,134 30,437 SH SOLE 30,437 SMUCKER J M CO COM NEW 832696405 592 15,881 SH SHARED 1 15,881 SONOCO PRODS CO COM 835495102 4,838 230,623 SH SOLE 230,623 SONOCO PRODS CO COM 835495102 2,938 140,051 SH SHARED 1 140,051 SPDR GOLD TRUST GOLD SHS 78463V107 4,475 5,056 CALL SOLE 5,056 SPDR GOLD TRUST GOLD SHS 78463V107 16,084 178,162 SH SOLE 178,162 SPDR GOLD TRUST GOLD SHS 78463V107 2,515 2,842 CALL SHARED 1 2,842 SPDR GOLD TRUST GOLD SHS 78463V107 8,817 97,667 SH SHARED 1 97,667 SPDR SERIES TRUST BARCL CAP TIPS 78464A656 258 5,190 SH SOLE 5,190 SPDR SERIES TRUST S&P RETAIL ETF 78464A714 6,652 290,347 SH SOLE 290,347 SPDR SERIES TRUST BARCL CAP TIPS 78464A656 138 2,774 SH SHARED 1 2,774 SPDR SERIES TRUST S&P RETAIL ETF 78464A714 2,951 128,806 SH SHARED 1 128,806 SPDR TR UNIT SER 1 78462F103 16,601 208,768 SH SOLE 208,768 SPDR TR UNIT SER 1 78462F103 7,736 97,289 SH SHARED 1 97,289 SRS LABS INC COM 78464M106 5,744 1,167,511 SH SOLE 1,167,511 SRS LABS INC COM 78464M106 2,835 576,308 SH SHARED 1 576,308 SUNPOWER CORP DBCV 0.750% 8/0 867652AB5 4,625 5,728,000 PRN SOLE 5,728,000 SUNPOWER CORP DBCV 0.750% 8/0 867652AB5 2,238 2,771,500 PRN SHARED 1 2,771,500 TCW STRATEGIC INCOME FUND IN COM 872340104 800 233,200 SH SOLE 233,200 TELLABS INC COM 879664100 4,185 913,732 SH SOLE 913,732 TELLABS INC COM 879664100 1,990 434,490 SH SHARED 1 434,490 THESTREET COM COM 88368Q103 411 208,615 SH SOLE 208,615 THQ INC COM 872443403 582 191,395 SH SOLE 191,395 WORLD WRESTLING ENTMT INC CL A 98156Q108 1,857 160,896 SH SOLE 160,896 WORLD WRESTLING ENTMT INC CL A 98156Q108 872 75,562 SH SHARED 1 75,562
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