0001422107-11-000043.txt : 20110516 0001422107-11-000043.hdr.sgml : 20110516 20110516151514 ACCESSION NUMBER: 0001422107-11-000043 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20110331 FILED AS OF DATE: 20110516 DATE AS OF CHANGE: 20110516 EFFECTIVENESS DATE: 20110516 FILER: COMPANY DATA: COMPANY CONFORMED NAME: 1798 Global Partners (Cayman Islands) Ltd. CENTRAL INDEX KEY: 0001427790 IRS NUMBER: 980555618 STATE OF INCORPORATION: E9 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-13013 FILM NUMBER: 11846150 BUSINESS ADDRESS: STREET 1: PO BOX 309GT UGLAND HOUSE STREET 2: SOUTH CHURCH STREET CITY: GEORGE TOWN STATE: E9 ZIP: 00000 BUSINESS PHONE: 345-949-8066 MAIL ADDRESS: STREET 1: PO BOX 309GT UGLAND HOUSE STREET 2: SOUTH CHURCH STREET CITY: GEORGE TOWN STATE: E9 ZIP: 00000 13F-HR 1 gpca13fq12011.txt ............................ . OMB APPROVAL . ............................ .OMB Number: 3235-0006 . .Expires: August 31, 2012. .Estimated average burden . .hours per response 23.5 . ............................ 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: 1798 Global Partners (Cayman Islands) Ltd Address: PO Box 309, Ugland House Grand Cayman, KY1-1104 Cayman Islands Form 13F File Number: 28-13013 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: Simon Raykher Title: Authorized Signatory Phone: (212) 295-6183 Signature, Place, and Date of Signing: /s/ Simon Raykher --------------------------- New York, New York May 16, 2011 Simon Raykher 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: 1 Form 13F Information Table Entry Total: 213 Form 13F Information Table Value Total: $1,044,485 (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. No. Form 13F File Number Name 1 28-13939 Lombard Odier Asset Management (USA) Corp FORM 13F INFORMATION TABLE VALUE SHARES/ SH PUT/ INVEST OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCR MANAGERS SOLE SHARED NONE ---------------------------- -------------- --------- -------- ------- --- ---- ------ --------- ---------- -------- ----- 99 CENTS ONLY STORES COM 65440K106 6,466 329,900 SH DEFINED 1 329,900 ABB LTD SPONSORED ADR 000375204 3,783 156,400 SH DEFINED 1 156,400 ABBOTT LABS COM 002824100 826 834,100 SH CALL DEFINED 1 834,100 ACCENTURE PLC IRELAND SHS CLASS A G1151C101 1,649 30,000 SH DEFINED 1 30,000 ADVANCED MICRO DEVICES INC COM 007903107 2,688 312,600 SH DEFINED 1 312,600 ADVANCED MICRO DEVICES INC COM 007903107 227 2,587,000 SH CALL DEFINED 1 2,587,000 AIRTRAN HLDGS INC COM 00949P108 12,354 1,658,240 SH DEFINED 1 1,658,240 ALBERTO CULVER CO NEW COM 013078100 6,008 161,200 SH DEFINED 1 161,200 ALLERGAN INC COM 018490102 8,217 115,700 SH DEFINED 1 115,700 AMERICAN MED SYS HLDGS INC COM 02744M108 6,016 278,000 SH DEFINED 1 278,000 APPLE INC COM 037833100 1,394 4,000 SH DEFINED 1 4,000 ATHEROS COMMUNICATIONS INC COM 04743P108 10,049 225,000 SH DEFINED 1 225,000 AUTOMATIC DATA PROCESSING IN COM 053015103 1,026 20,000 SH DEFINED 1 20,000 AUXILIUM PHARMACEUTICALS INC COM 05334D107 5,471 254,800 SH DEFINED 1 254,800 AVIS BUDGET GROUP NOTE 3.500%10/0 053774AB1 1,343 1,000,000 PRN DEFINED 1 1,000,000 BAIDU INC SPON ADR REP A 056752108 10,336 75,000 SH DEFINED 1 75,000 BAIDU INC SPON ADR REP A 056752108 597 79,200 SH CALL DEFINED 1 79,200 BARCLAYS BANK PLC ETN DJUBS TIN 38 06739H198 6,259 84,000 SH DEFINED 1 84,000 BAXTER INTL INC COM 071813109 14,996 278,900 SH DEFINED 1 279,900 BECKMAN COULTER INC COM 075811109 8,307 100,000 SH DEFINED 1 100,000 BELO CORP COM SER A 080555105 5,920 672,000 SH DEFINED 1 672,000 BIO RAD LABS INC CL A 090572207 3,616 30,100 SH DEFINED 1 30,100 BJS WHOLESALE CLUB INC COM 05548J106 6,835 140,000 SH DEFINED 1 140,000 BJS WHOLESALE CLUB INC COM 05548J106 96 135,000 SH CALL DEFINED 1 135,000 BON-TON STORES INC COM 09776J101 5,118 330,199 SH DEFINED 1 330,199 BRISTOL MYERS SQUIBB CO COM 110122108 75 139,000 SH CALL DEFINED 1 139,000 BROADCOM CORP CL A 111320107 12 120,000 SH PUT DEFINED 1 120,000 BROADSOFT INC COM 11133B409 1,191 25,000 SH DEFINED 1 25,000 BROOKDALE SR LIVING INC COM 112463104 3,892 139,000 SH DEFINED 1 139,000 BRUKER CORP COM 116794108 3,774 181,000 SH DEFINED 1 181,000 BUCYRUS INTL INC NEW COM 118759109 3,992 43,648 SH DEFINED 1 43,648 BUCYRUS INTL INC NEW COM 118759109 548 85,000 SH CALL DEFINED 1 85,000 BUNGE LIMITED COM G16962105 2,089 2,000,000 SH DEFINED 1 2,000,000 CADENCE DESIGN SYSTEM INC COM 127387108 2,389 245,000 SH DEFINED 1 245,000 CADENCE DESIGN SYSTEM INC COM 127387108 64 321,000 SH CALL DEFINED 1 321,000 CALIX INC COM 13100M509 641 31,540 SH DEFINED 1 31,540 CATERPILLAR INC DEL COM 149123101 11,833 106,271 SH DEFINED 1 106,271 CENTURYLINK INC COM 156700106 1,877 45,183 SH DEFINED 1 45,183 CEPHEID COM 15670R107 2,407 85,918 SH DEFINED 1 85,918 CIGNA CORP COM 125509109 8,210 185,400 SH DEFINED 1 185,400 CITIGROUP INC UNIT 99/99/9999 172967416 1,269 2,500,000 PRN DEFINED 1 2,500,000 COGNIZANT TECHNOLOGY SOLUTIO CL A 192446102 1,058 13,000 SH DEFINED 1 13,000 COMMVAULT SYSTEMS INC COM 204166102 359 9,000 SH DEFINED 1 9,000 COMPANHIA SIDERURGICA NACION SPONSORED ADR 20440W105 2,166 130,000 SH DEFINED 1 130,000 COMPLETE GENOMICS INC COM 20454K104 406 45,000 SH DEFINED 1 45,000 COSTCO WHSL CORP NEW COM 22160K105 3,666 50,000 SH DEFINED 1 50,000 COVIDIEN PLC SHS G2554F105 12,029 231,600 SH DEFINED 1 231,600 CSX CORP COM 126408103 17,008 216,385 SH DEFINED 1 216,385 CVR ENERGY INC COM 12662P108 37,695 1,627,600 SH DEFINED 1 1,627,600 CVS CAREMARK CORPORATION COM 126650100 27 23,200 SH CALL DEFINED 1 23,200 D R HORTON INC NOTE 2.000% 5/1 23331ABB4 2,285 2,000,000 PRN DEFINED 1 2,000,000 D R HORTON INC NOTE 2.000% 5/1 23331ABB4 3,428 3,000,000 PRN DEFINED 1 3,000,000 DANAHER CORP DEL COM 235851102 285 300,000 SH CALL DEFINED 1 300,000 DEMANDTEC INC COM NEW 24802R506 582 44,245 SH DEFINED 1 44,245 DESARROLLADORA HOMEX S A DE SPONSORED ADR 25030W100 1,363 50,000 SH DEFINED 1 50,000 DINEEQUITY INC COM 254423106 4,124 75,000 SH DEFINED 1 75,000 DOMINOS PIZZA INC COM 25754A201 5,114 277,500 SH DEFINED 1 277,500 DOMINOS PIZZA INC COM 25754A201 592 845,900 SH CALL DEFINED 1 845,900 DRYSHIPS INC SHS Y2109Q101 2,033 2,000,000 SH DEFINED 1 2,000,000 DRYSHIPS INC. NOTE 5.000%12/0 262498AB4 1,525 1,500,000 PRN DEFINED 1 1,500,000 E M C CORP MASS COM 268648102 1,113 41,904 SH DEFINED 1 41,904 E M C CORP MASS COM 268648102 32 220,000 SH CALL DEFINED 1 220,000 ELONG INC SPONSORED ADR 290138205 1,521 107,600 SH DEFINED 1 107,600 EMERGENCY MEDICAL SVCS CORP CL A 29100P102 4,133 65,000 SH DEFINED 1 65,000 ENDOLOGIX INC COM 29266S106 3,204 472,600 SH DEFINED 1 472,600 EXAMWORKS GROUP INC COM 30066A105 3,610 162,400 SH DEFINED 1 162,400 EXCO RESOURCES INC COM 269279402 1,550 75,000 SH DEFINED 1 75,000 EXPRESS SCRIPTS INC COM 302182100 3,865 69,500 SH DEFINED 1 69,500 FERRO CORP COM 315405100 8,336 502,500 SH DEFINED 1 502,500 FERRO CORP COM 315405100 55 25,000 SH CALL DEFINED 1 25,000 FINISAR CORP NOTE 5.000%10/1 31787AAK7 2,511 1,000,000 PRN DEFINED 1 1,000,000 FORTUNE BRANDS INC COM 349631101 6,189 100,000 SH DEFINED 1 100,000 FRONTEER GOLD INC COM 359032109 3,021 200,000 SH DEFINED 1 200,000 FRONTIER OIL CORP COM 35914P105 118 58,800 SH CALL DEFINED 1 58,800 FRONTLINE LTD SHS G3682E127 2,888 3,000,000 SH DEFINED 1 3,000,000 FUELCELL ENERGY INC COM 35952H106 1,840 860,000 SH DEFINED 1 860,000 GENERAL CABLE CORP DEL NEW FRNT 4.500%11/1 369300AL2 1,422 1,000,000 PRN DEFINED 1 1,000,000 GENZYME CORP COM 372917104 18,277 240,000 SH DEFINED 1 240,000 GENZYME CORP COM 372917104 189 125,000 SH CALL DEFINED 1 125,000 GOODYEAR TIRE & RUBR CO COM 382550101 9,752 651,000 SH DEFINED 1 651,000 GOODYEAR TIRE & RUBR CO COM 382550101 204 400,000 SH CALL DEFINED 1 400,000 GREEN MTN COFFEE ROASTERS IN COM 393122106 19,383 300,000 SH DEFINED 1 300,000 HANSEN NAT CORP COM 411310105 9,035 150,000 SH DEFINED 1 150,000 HARLEY DAVIDSON INC COM 412822108 10,623 250,000 SH DEFINED 1 250,000 HEALTHSPRING INC COM 42224N101 3,464 92,700 SH DEFINED 1 92,700 HERTZ GLOBAL HOLDINGS INC NOTE 5.250% 6/0 42805TAA3 10,165 5,000,000 PRN DEFINED 1 5,000,000 HERTZ GLOBAL HOLDINGS INC NOTE 5.250% 6/0 42805TAA3 8,132 4,000,000 PRN DEFINED 1 4,000,000 HOME DEPOT INC COM 437076102 7,412 200,000 SH DEFINED 1 200,000 HOSPIRA INC COM 441060100 5,117 92,700 SH DEFINED 1 92,700 HOSPIRA INC COM 441060100 269 141,800 SH CALL DEFINED 1 141,800 ICON PUB LTD CO SPONSORED ADR 45103T107 6,298 291,700 SH DEFINED 1 291,700 IESI BFC LTD COM 44951D108 10,430 411,108 SH DEFINED 1 411,108 IMAX CORP COM 45245E109 800 25,000 SH DEFINED 1 25,000 INFORMATICA CORP COM 45666Q102 1,044 20,000 SH DEFINED 1 20,000 INFOSYS TECHNOLOGIES LTD SPONSORED ADR 456788108 7,027 98,000 SH DEFINED 1 98,000 INSPIRE PHARMACEUTICALS INC COM 457733103 2,202 556,000 SH DEFINED 1 556,000 INTEL CORP COM 458140100 89 745,000 SH PUT DEFINED 1 745,000 INTERNATIONAL COAL GRP INC N COM 45928H106 135 100,000 SH CALL DEFINED 1 100,000 INTUIT COM 461202103 1,487 28,000 SH DEFINED 1 28,000 ISHARES INC MSCI EMU INDEX 464286608 48 80,000 SH CALL DEFINED 1 80,000 ISHARES INC MSCI EMU INDEX 464286608 6,189 60,000 SH CALL DEFINED 1 60,000 ISHARES INC MSCI S KOREA 464286772 30 100,000 SH PUT DEFINED 1 100,000 ISHARES TR S&P NA NAT RES 464287374 324 350,000 SH PUT DEFINED 1 350,000 ISHARES TR S&P NA SOFTWR 464287515 419 888,000 SH PUT DEFINED 1 888,000 ITT CORP NEW COM 450911102 601 10,000 SH DEFINED 1 10,000 JAZZ PHARMACEUTICALS INC COM 472147107 5,905 185,400 SH DEFINED 1 185,400 JOY GLOBAL INC COM 481165108 8,048 81,450 SH DEFINED 1 81,450 K SEA TRANSN PARTNERS LP COM 48268Y101 1,570 191,945 SH DEFINED 1 191,945 KENDLE INTERNATIONAL INC COM 48880L107 993 92,700 SH DEFINED 1 92,700 LDK SOLAR CO LTD NOTE 4.750% 4/1 50183LAB3 511 500,000 PRN DEFINED 1 500,000 LDK SOLAR CO LTD NOTE 4.750% 4/1 50183LAB3 1,022 1,000,000 PRN DEFINED 1 1,000,000 LIFE TECHNOLOGIES CORP COM 53217V109 3,402 64,900 SH DEFINED 1 64,900 LIFE TECHNOLOGIES CORP COM 53217V109 120 120,400 SH CALL DEFINED 1 120,400 LINCARE HLDGS INC DBCV 2.750%11/0 532791AE0 4,656 4,000,000 PRN DEFINED 1 4,000,000 LINCARE HLDGS INC DBCV 2.750%11/0 532791AE0 3,492 3,000,000 PRN DEFINED 1 3,000,000 LINCARE HLDGS INC NOTE 2.750%11/0 532791AF7 4,807 10,000,000 PRN DEFINED 1 10,000,000 LONGTOP FINL TECHNOLOGIES LT ADR 54318P108 471 15,000 SH DEFINED 1 15,000 LORAL SPACE & COMMUNICATNS I COM 543881106 2,714 35,000 SH DEFINED 1 35,000 LOWES COS INC COM 548661107 9,911 375,000 SH DEFINED 1 375,000 MARATHON OIL CORP COM 565849106 17,638 330,865 SH DEFINED 1 330,865 MARSHALL & ILSLEY CORP NEW COM 571837103 21,270 2,662,100 SH DEFINED 1 2,662,100 MASCO CORP COM 574599106 932 950,000 SH CALL DEFINED 1 950,000 MASIMO CORP COM 574795100 7,206 217,700 SH DEFINED 1 217,700 MEAD JOHNSON NUTRITION CO COM 582839106 5,793 100,000 SH DEFINED 1 100,000 MECHEL OAO SPON ADR PFD 583840509 3,382 310,000 SH DEFINED 1 310,000 MEDQUIST HLDGS INC COM 58506K102 2,112 202,700 SH DEFINED 1 202,700 MICRON TECHNOLOGY INC COM 595112103 9,650 841,300 SH DEFINED 1 841,300 MICRON TECHNOLOGY INC COM 595112103 122 573,700 SH CALL DEFINED 1 573,700 MINDRAY MEDICAL INTL LTD SPON ADR 602675100 2,918 115,800 SH DEFINED 1 115,800 MOTOROLA MOBILITY HLDGS INC COM 620097105 11 80,000 SH CALL DEFINED 1 80,000 MYLAN INC COM 628530107 1,573 69,400 SH DEFINED 1 69,400 NETAPP INC COM 64110D104 45 20,000 SH CALL DEFINED 1 20,000 NETFLIX INC COM 64110L106 10,700 45,000 SH DEFINED 1 45,000 NETLOGIC MICROSYSTEMS INC COM 64118B100 2,303 54,797 SH DEFINED 1 54,797 NII HLDGS INC NOTE 3.125% 6/1 62913FAJ1 4,065 10,000,000 PRN DEFINED 1 10,000,000 NVIDIA CORP COM 67066G104 462 25,000 SH DEFINED 1 25,000 NVIDIA CORP COM 67066G104 38 640,000 SH CALL DEFINED 1 640,000 NYSE EURONEXT COM 629491101 25 50,000 SH CALL DEFINED 1 50,000 ONYX PHARMACEUTICALS INC COM 683399109 3,258 92,600 SH DEFINED 1 92,600 ONYX PHARMACEUTICALS INC COM 683399109 139 37,100 SH CALL DEFINED 1 37,100 OPENTABLE INC COM 68372A104 6,913 65,000 SH DEFINED 1 65,000 ORACLE CORP COM 68389X105 669 20,000 SH DEFINED 1 20,000 ORACLE CORP COM 68389X105 51 60,000 SH CALL DEFINED 1 60,000 OWENS CORNING NEW COM 690742101 349 166,000 SH CALL DEFINED 1 166,000 PAREXEL INTL CORP COM 699462107 462 18,562 SH DEFINED 1 18,562 PETROLEO BRASILEIRO SA PETRO SP ADR NON VTG 71654V101 2,843 80,000 SH DEFINED 1 80,000 PFIZER INC COM 717081103 412 463,300 SH CALL DEFINED 1 463,300 POWERSHARES QQQ TRUST UNIT SER 1 73935A104 163 2,032,000 SH PUT DEFINED 1 2,032,000 PRICELINE COM INC COM NEW 741503403 31,912 63,012 SH DEFINED 1 63,012 PRIDE INTL INC DEL COM 74153Q102 15,778 367,350 SH DEFINED 1 367,350 QIAGEN N V ORD N72482107 667 33,417 SH DEFINED 1 33,417 QLIK TECHNOLOGIES INC COM 74733T105 1,430 55,000 SH DEFINED 1 55,000 QUESTCOR PHARMACEUTICALS INC COM 74835Y101 4,205 291,800 SH DEFINED 1 291,800 QWEST COMMUNICATIONS INTL IN COM 749121109 198 29,000 SH DEFINED 1 29,000 REHABCARE GROUP INC COM 759148109 2,212 60,000 SH DEFINED 1 60,000 RESEARCH IN MOTION LTD COM 760975102 22 80,000 SH PUT DEFINED 1 80,000 RIGHTNOW TECHNOLOGIES INC COM 76657R106 376 12,000 SH DEFINED 1 12,000 ROSS STORES INC COM 778296103 7,112 100,000 SH DEFINED 1 100,000 ROYAL CARIBBEAN CRUISES LTD COM V7780T103 10,084 244,399 SH DEFINED 1 244,399 SALIX PHARMACEUTICALS INC COM 795435106 16,671 475,893 SH DEFINED 1 475,893 SAVIENT PHARMACEUTICALS INC COM 80517Q100 983 92,700 SH DEFINED 1 92,700 SBA COMMUNICATIONS CORP NOTE 4.000%10/0 78388JAM8 2,221 1,500,000 PRN DEFINED 1 1,500,000 SCIQUEST INC NEW COM 80908T101 218 15,000 SH DEFINED 1 15,000 SEADRILL LIMITED SHS G7945E105 3,092 2,500,000 SH DEFINED 1 2,500,000 SEMICONDUCTOR HLDRS TR DEP RCPT 816636203 143 570,000 SH PUT DEFINED 1 570,000 SHERWIN WILLIAMS CO COM 824348106 12,599 150,000 SH DEFINED 1 150,000 SHORETEL INC COM 825211105 1,029 125,000 SH DEFINED 1 125,000 SOTHEBYS COM 835898107 10,520 200,000 SH DEFINED 1 200,000 SOUTHERN UN CO NEW COM 844030106 9,445 330,000 SH DEFINED 1 330,000 SPANSION INC COM CL A NEW 84649R200 7,880 422,066 SH DEFINED 1 422,066 SPDR S&P 500 ETF TR TR UNIT 78462F103 119,837 185,000 SH CALL DEFINED 1 185,000 SPDR S&P 500 ETF TR TR UNIT 78462F103 1,063 1,449,800 SH PUT DEFINED 1 1,449,800 SPDR SERIES TRUST S&P METALS MNG 78464A755 25 110,000 SH PUT DEFINED 1 110,000 SPRINT NEXTEL CORP COM SER 1 852061100 1,276 275,000 SH DEFINED 1 275,000 SPRINT NEXTEL CORP COM SER 1 852061100 174 1,179,600 SH CALL DEFINED 1 1,179,600 STARBUCKS CORP COM 855244109 4,619 125,000 SH DEFINED 1 125,000 STILLWATER MNG CO COM 86074Q102 922 155,000 SH CALL DEFINED 1 155,000 STONERIDGE INC COM 86183P102 3,061 209,400 SH DEFINED 1 209,400 SUNOCO INC COM 86764P109 5,744 126,000 SH DEFINED 1 126,000 TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADR 874039100 2,071 170,000 SH DEFINED 1 170,000 TAL ED GROUP ADS REPSTG COM 874080104 2,733 250,000 SH DEFINED 1 250,000 TALBOTS INC COM 874161102 230 500,000 SH PUT DEFINED 1 500,000 TALECRIS BIOTHERAPEUTICS HLD COM 874227101 2,626 98,000 SH DEFINED 1 98,000 TALEO CORP CL A 87424N104 820 23,000 SH DEFINED 1 23,000 TEMPLE INLAND INC COM 879868107 9,659 412,794 SH DEFINED 1 412,794 TERNIUM SA SPON ADR 880890108 9,204 256,100 SH DEFINED 1 256,100 TERREMARK WORLDWIDE INC COM NEW 881448203 3,800 200,000 SH DEFINED 1 200,000 TEXTRON INC NOTE 4.500% 5/0 883203BN0 4,330 2,000,000 PRN DEFINED 1 2,000,000 TEXTRON INC NOTE 4.500% 5/0 883203BN0 2,165 1,000,000 PRN DEFINED 1 1,000,000 TIMKEN CO COM 887389104 13,598 260,000 SH DEFINED 1 260,000 TITAN INTL INC ILL COM 88830M102 13,204 496,200 SH DEFINED 1 496,200 TRANSOCEAN INC NOTE 1.500%12/1 893830AV1 1,001 1,000,000 PRN DEFINED 1 1,000,000 TRANSOCEAN INC NOTE 1.500%12/1 893830AW9 986 1,000,000 PRN DEFINED 1 1,000,000 TRAVELZOO INC COM 89421Q106 400 6,000 SH DEFINED 1 6,000 U S G CORP COM NEW 903293405 161 267,500 SH CALL DEFINED 1 267,500 UNITED PARCEL SERVICE INC CL B 911312106 12,322 165,790 SH DEFINED 1 165,790 VALE CAP II GTD CV 6.75%12 91912F201 1,391 1,750,000 PRN DEFINED 1 1,750,000 VERISIGN INC SDCV 3.250% 8/1 92343EAD4 3,056 6,500,000 PRN DEFINED 1 6,500,000 VERIZON COMMUNICATIONS INC COM 92343V104 94 180,000 SH PUT DEFINED 1 180,000 VERSO PAPER CORP COM 92531L108 5,318 994,068 SH DEFINED 1 994,068 VIMPELCOM LTD SPONSORED ADR 92719A106 2,542 180,000 SH DEFINED 1 180,000 VIRGIN MEDIA INC NOTE 6.500%11/1 92769LAB7 4,296 6,000,000 PRN DEFINED 1 6,000,000 VISA INC COM CL A 92826C839 3,092 42,000 SH DEFINED 1 42,000 WARNER CHILCOTT PLC IRELAND SHS A G94368100 8,627 370,900 SH DEFINED 1 370,900 WATERS CORP COM 941848103 4,423 50,900 SH DEFINED 1 50,900 WEATHERFORD INTERNATIONAL LT REG SHS H27013103 372 120,000 SH PUT DEFINED 1 120,000 WEIGHT WATCHERS INTL INC NEW COM 948626106 22,847 325,921 SH DEFINED 1 325,921 WELLPOINT INC COM 94973V107 14,593 209,100 SH DEFINED 1 209,100 WELLPOINT INC COM 94973V107 93 80,000 SH CALL DEFINED 1 80,000 WHITNEY HLDG CORP COM 966612103 206 15,100 SH DEFINED 1 15,100 WHOLE FOODS MKT INC COM 966837106 9,885 150,000 SH DEFINED 1 150,000 WILLIAMS COS INC DEL COM 969457100 321 50,000 SH CALL DEFINED 1 50,000 YM BIOSCIENCES INC COM 984238105 1,223 463,300 SH DEFINED 1 463,300