0000894579-12-000037.txt : 20120213
0000894579-12-000037.hdr.sgml : 20120213
20120213131800
ACCESSION NUMBER: 0000894579-12-000037
CONFORMED SUBMISSION TYPE: 13F-HR
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20111231
FILED AS OF DATE: 20120213
DATE AS OF CHANGE: 20120213
EFFECTIVENESS DATE: 20120213
FILER:
COMPANY DATA:
COMPANY CONFORMED NAME: Vermillion Asset Management LLC
CENTRAL INDEX KEY: 0001421758
IRS NUMBER: 202794416
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 13F-HR
SEC ACT: 1934 Act
SEC FILE NUMBER: 028-12729
FILM NUMBER: 12597402
BUSINESS ADDRESS:
STREET 1: 267 FIFTH AVENUE
STREET 2: 7TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10016
BUSINESS PHONE: 212-683-8816
MAIL ADDRESS:
STREET 1: 267 FIFTH AVENUE
STREET 2: 7TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10016
13F-HR
1
vam13fhr020912.txt
FORM 13F-HR
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: Vermillion Asset Management, LLC
Address: 267 Fifth Avenue, 7th Floor
New York, NY 10016
Form 13F File Number: 28-12729
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: Christopher Zuech
Title: Chief Compliance Officer
Phone: 212-683-8816
Signature, Place and Date of Signing:
/s/ Christopher Zuech New York, NY February 13, 2012
Report Type (Check only one):
[X] 13F HOLDINGS REPORT
[ ] 13F NOTICE
[ ] 13F COMBINATION REPORT
List of Other Managers Reporting for this Manager: NONE
FORM 13F SUMMARY PAGE
Report Summary:
Number of other Included Managers: 0
Form 13F Information Table Entry Total 61
Form 13F Information Table Value Total: $167,202 (thousands)
List of Other Included Managers: NONE
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Column 1 Column 2 Column 3 Column 4 Column 5 Column 6 Column 7 Column 8
Shares or
Title of Value Principal SH/ PUT/ Investment Other Voting Authority
Name of Issuer Class Cusip (x$1,000) Amount PRN CALL Discretion Managers Sole Shared None
------------------------------------------------------------------------------------------------------------------------------------
ARCH COAL INC COM COM 039380100 4,440 306,000 SH SOLE NONE 306,000
ALPHA NATURAL RESOURCES INC COM 02076X102 4,229 207,000 SH SOLE NONE 207,000
BALTIC TRADING LIMITED COM COM Y0553W103 903 190,000 SH SOLE NONE 190,000
PEABODY ENERGY CORP COM COM 704549104 4,337 131,000 SH SOLE NONE 131,000
NUVEEN ENHANCED MUN VALUE COM 67074P104 4,689 231,000 SH SOLE NONE 231,000
CLIFFS NATURAL RESOURCES INC CALL CALL 18683K901 215 1,000 CALL SOLE NONE 1,000
CLIFFS NATURAL RESOURCES INC PUT 18683K951 1,050 1,000 PUT SOLE NONE 1,000
CME GROUP INC COM COM 12572Q105 1,462 6,000 SH SOLE NONE 6,000
COSTAMARE INC SHS COM Y1771G102 2,124 150,000 SH SOLE NONE 150,000
CONSOL ENERGY INC COM COM 20854P109 4,881 133,000 SH SOLE NONE 133,000
CONSOL ENERGY INC CALL CALL 20854P909 195 1,700 CALL SOLE NONE 1,700
CONSOL ENERGY INC PUT PUT 20854P959 1,114 1,700 PUT SOLE NONE 1,700
CABOT OIL & GAS CORP CALL CALL 127097903 440 1,000 CALL SOLE NONE 1,000
CABOT OIL & GAS CORP PUT PUT 127097953 1,305 1,000 PUT SOLE NONE 1,000
CAPITAL PRODUCT PARTNERS L P COM UNIT Y11082107 3,249 530,000 SH SOLE NONE 530,000
DRYSHIPS INC SHS COM Y2109Q101 1,000 500,000 SH SOLE NONE 500,000
ISHARES TR INDEX MSCI EAFE IDX COM 464287465 6,835 138,000 SH SOLE NONE 138,000
EUROSEAS LTD COM COM Y23592200 47 20,000 SH SOLE NONE 20,000
ISHARES INC CALL CALL 464286900 323 1,500 CALL SOLE NONE 1,500
ISHARES INC PUT PUT 464286950 915 1,500 PUT SOLE NONE 1,500
EXCEL MARITIME CARRIERS LTD COM COM V3267N107 725 500,000 SH SOLE NONE 500,000
FREEPORT-MCMORAN COPPER & GO CALL 35671D907 188 1,000 CALL SOLE NONE 1,000
FREEPORT-MCMORAN COPPER & GO PUT 35671D957 555 1,000 PUT SOLE NONE 1,000
SPDR GOLD TRUST CALL CALL 78463V907 15,575 5,000 CALL SOLE NONE 5,000
GENCO SHIPPING & TRADING LTD SHS COM Y2685T107 1,149 170,000 SH SOLE NONE 170,000
MARKET VECTORS ETF TR COAL ETF COM 57060U837 1,645 51,000 SH SOLE NONE 51,000
NORDIC AMERICAN TANKER SHIPP COM G65773106 2,398 200,000 SH SOLE NONE 200,000
NAVIOS MARITIME HOLDINGS INC COM COM Y62196103 2,428 680,000 SH SOLE NONE 680,000
NAVIOS MARITIME PARTNERS L P UNIT COM Y62267102 4,422 300,000 SH SOLE NONE 300,000
NAVIOS MARITIME PARTNERS L P CALL CALL Y62267902 402 1,200 CALL SOLE NONE 1,200
NAVIOS MARITIME PARTNERS L P PUT PUT Y62267952 1,158 1,200 PUT SOLE NONE 1,200
OVERSEAS SHIPHOLDING GROUP I COM COM 690368105 3,826 350,000 SH SOLE NONE 350,000
PIONEER NAT RES CO CALL CALL 723787907 675 1,000 CALL SOLE NONE 1,000
PIONEER NAT RES CO PUT PUT 723787957 715 1,000 PUT SOLE NONE 1,000
SAFE BULKERS INC COM COM Y7388L103 899 150,000 SH SOLE NONE 150,000
SHIP FINANCE INTERNATIONAL L SHS COM G81075106 187 20,000 SH SOLE NONE 20,000
ISHARES SILVER TRUST ISHARES COM 46428Q109 30,173 1,120,000 SH SOLE NONE 1,120,000
ISHARES SILVER TRUST CALL CALL 46428Q909 8,038 5,000 CALL SOLE NONE 5,000
ISHARES SILVER TRUST PUT PUT 46428Q959 15,381 6,673 PUT SOLE NONE 6,673
SPDR S&P 500 ETF TR CALL CALL 78462F903 349 1,000 CALL SOLE NONE 1,000
SPDR S&P 500 ETF TR PUT PUT 78462F953 145 1,000 PUT SOLE NONE 1,000
------------------------------------------------------------------------------------------------------------------------------------
Column 1 Column 2 Column 3 Column 4 Column 5 Column 6 Column 7 Column 8
Shares or
Title of Value Principal SH/ PUT/ Investment Other Voting Authority
Name of Issuer Class Cusip (x$1,000) Amount PRN CALL Discretion Managers Sole Shared None
------------------------------------------------------------------------------------------------------------------------------------
SPDR S&P 500 ETF TR CALL CALL 78462F903 1,125 10,000 CALL SOLE NONE 10,000
SEASPAN CORP SHS COM Y75638109 2,052 150,000 SH SOLE NONE 150,000
SCORPIO TANKERS INC SHS ADDED COM Y7542C106 1,271 260,000 SH SOLE NONE 260,000
TEEKAY LNG PARTNERS L P PRTNRSP COM UNITS Y8564M105 5,042 152,000 SH SOLE NONE 152,000
TEEKAY TANKERS LTD COM CL A Y8565N102 2,992 850,000 SH SOLE NONE 850,000
TSAKOS ENERGY NAVIGATION LTD COM G9108L108 2,342 490,000 SH SOLE NONE 490,000
KNIGHTSBRIDGE TANKERS LTD ORD COM G5299G106 1,709 125,000 SH SOLE NONE 125,000
SELECT SECTOR SPDR TR SBI INT-ENERGY COM 81369Y506 4,493 65,000 SH SOLE NONE 65,000
SELECT SECTOR SPDR TR CALL CALL 81369Y906 38 2,500 CALL SOLE NONE 2,500
SELECT SECTOR SPDR TR PUT PUT 81369Y955 1,044 2,500 PUT SOLE NONE 2,500
SELECT SECTOR SPDR TR CALL CALL 81369Y906 371 2,000 CALL SOLE NONE 2,000
SELECT SECTOR SPDR TR PUT PUT 81369Y955 1,195 2,000 PUT SOLE NONE 2,000
SELECT SECTOR SPDR TR SBI INT-UTILS COM 81369Y886 2,842 79,000 SH SOLE NONE 79,000
SELECT SECTOR SPDR TR CALL CALL 81369Y906 1,497 6,000 CALL SOLE NONE 6,000
SELECT SECTOR SPDR TR CALL CALL 81369Y906 114 2,000 CALL SOLE NONE 2,000
SELECT SECTOR SPDR TR PUT PUT 81369Y955 78 2,000 PUT SOLE NONE 2,000
SELECT SECTOR SPDR TR PUT PUT 81369Y955 345 6,000 PUT SOLE NONE 6,000
SELECT SECTOR SPDR TR CALL CALL 81369Y906 201 2,000 CALL SOLE NONE 2,000
SELECT SECTOR SPDR TR PUT PUT 81369Y955 187 2,000 PUT SOLE NONE 2,000
SPDR SERIES TRUST S&P METALS COM 78464A755 3,478 71,000 SH SOLE NONE 71,000
167,202