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
------------------------------------------------------------------------------------------------------------------------------------ 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