-----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, LCCLYIXe+KOUpZZnACwfF2unY5tMjo6MBTTmlE/mfSN97v0lMBfWmB/c7Q1X+5HK nWd3UxTqqm3mLMGhFfgirA== 0000919574-10-006303.txt : 20101112 0000919574-10-006303.hdr.sgml : 20101111 20101112143535 ACCESSION NUMBER: 0000919574-10-006303 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20100930 FILED AS OF DATE: 20101112 DATE AS OF CHANGE: 20101112 EFFECTIVENESS DATE: 20101112 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Elm Ridge Management, LLC CENTRAL INDEX KEY: 0001483276 IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-13787 FILM NUMBER: 101185602 BUSINESS ADDRESS: STREET 1: 3 WEST MAIN STREET, 3RD FLOOR CITY: IRVINGTON STATE: NY ZIP: 10533 BUSINESS PHONE: (914) 250-1000 MAIL ADDRESS: STREET 1: 3 WEST MAIN STREET, 3RD FLOOR CITY: IRVINGTON STATE: NY ZIP: 10533 13F-HR 1 d1142996_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 September 30, 2010. Check here if Amendment: |_|; Amendment Number: ____ This Amendment (Check only one): |_| is a restatement |_| adds new holding entries. Institutional Manager Filing this Report: Name: Elm Ridge Management, LLC Address: 3 West Main Street 2nd Floor Irvington, NY 10533 13F File Number: 028-13787 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: Jed Bowen Title: Chief Financial Officer Phone: (914) 250-1000 Signature, Place and Date of Signing: /s/ Jed Bowen Irvington, NY November 12, 2010 - ------------------------- --------------------- ---------------------- [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: 3 Form 13F Information Table Entry Total: 63 Form 13F Information Table Value Total: $2,313,127 (in thousands) List of Other Included Managers: Form 13F File Number Name (1) 028- 12044 Elm Ridge Partners, LLC (2) 028- 11797 Elm Ridge Offshore Master Fund, Ltd. (3) 028- 10075 Elm Ridge Capital Management, LLC - -------------------------------------------------------------------- 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 MANAGERS SOLE SHARED NONE AETNA INC NEW COM 00817Y108 26,599 841,475 SH Defined 1,2,3 841,475 ALCATEL-LUCENT SPONSORED ADR 013904305 19,730 5,837,308 SH Defined 1,2,3 5,837,308 ALCOA INC COM 013817101 65,617 5,418,400 SH Defined 1,2,3 5,418,400 ALLIED WRLD ASSUR COM HLDG L SHS G0219G203 27,299 482,400 SH Defined 1,2,3 482,400 APPLIED MATLS INC COM 038222105 74,822 6,406,000 SH Defined 1,2,3 6,406,000 ASSURED GUARANTY LTD COM G0585R106 75,435 4,408,800 SH Defined 1,2,3 4,408,800 AXIS CAPITAL HOLDINGS SHS G0692U109 35,094 1,065,400 SH Defined 1,2,3 1,065,400 BOSTON SCIENTIFIC CORP COM 101137107 42,295 6,899,600 SH Defined 1,2,3 6,899,600 BOSTON SCIENTIFIC CORP COM 101137107 18,390 3,000,000 CALL Defined 1,2,3 3,000,000 BRUNSWICK CORP COM 117043109 34,922 2,294,510 SH Defined 1,2,3 2,294,510 CENVEO INC COM 15670S105 31,233 6,209,265 SH Defined 1,2,3 6,209,265 CHIPOTLE MEXICAN GRILL INC COM 169656105 17,200 100,000 PUT Defined 1,2,3 100,000 CLIFFS NATURAL RESOURCES INC COM 18683K101 18,537 290,000 SH Defined 1,2,3 290,000 CLIFFS NATURAL RESOURCES INC COM 18683K101 19,176 300,000 CALL Defined 1,2,3 300,000 CLIFFS NATURAL RESOURCES INC COM 18683K101 56,889 890,000 PUT Defined 1,2,3 890,000 DIGITAL RLTY TR INC COM 253868103 12,340 200,000 CALL Defined 1,2,3 200,000 DIGITAL RLTY TR INC COM 253868103 15,425 250,000 PUT Defined 1,2,3 250,000 DOMTAR CORP COM NEW 257559203 45,820 709,500 SH Defined 1,2,3 709,500 DONNELLEY R R & SONS CO COM 257867101 91,824 5,414,169 SH Defined 1,2,3 5,414,169 FASTENAL CO COM 311900104 10,638 200,000 PUT Defined 1,2,3 200,000 FIDELITY NATIONAL FINANCIAL CL A 31620R105 45,162 2,874,700 SH Defined 1,2,3 2,874,700 FLEXTRONICS INTL LTD ORD Y2573F102 55,262 9,149,300 SH Defined 1,2,3 9,149,300 GREEN MTN COFFEE ROASTERS IN COM 393122106 18,714 600,000 PUT Defined 1,2,3 600,000 INTL PAPER CO COM 460146103 53,057 2,439,400 SH Defined 1,2,3 2,439,400 KAPSTONE PAPER & PACKAGING C COM 48562P103 42,562 3,505,961 SH Defined 1,2,3 3,505,961 LAM RESEARCH CORP COM 512807108 14,554 347,771 SH Defined 1,2,3 347,771 LILLY ELI & CO COM 532457108 66,507 1,820,600 SH Defined 1,2,3 1,820,600 LIZ CLAIBORNE INC COM 539320101 22,915 3,768,976 SH Defined 1,2,3 3,768,976 LOCKHEED MARTIN CORP COM 539830109 68,728 964,200 SH Defined 1,2,3 964,200 LOCKHEED MARTIN CORP COM 539830109 28,512 400,000 CALL Defined 1,2,3 400,000 MACYS INC COM 55616P104 25,109 1,087,900 SH Defined 1,2,3 1,087,900 MACYS INC COM 55616P104 11,540 500,000 CALL Defined 1,2,3 500,000 MARATHON OIL CORP COM 565849106 36,082 1,090,100 SH Defined 1,2,3 1,090,100 MARRIOTT INTL INC NEW CL A 571903202 26,873 750,000 PUT Defined 1,2,3 750,000 MASCO CORP COM 574599106 48,029 4,362,270 SH Defined 1,2,3 4,362,270 MBIA INC COM 55262C100 51,572 5,131,572 SH Defined 1,2,3 5,131,572 MERCK & CO INC NEW COM 58933Y105 35,846 973,806 SH Defined 1,2,3 973,806 NABORS INDUSTRIES LTD SHS G6359F103 49,753 2,754,900 SH Defined 1,2,3 2,754,900 NORTHROP GRUMMAN CORP COM 666807102 67,469 1,112,802 SH Defined 1,2,3 1,112,802 PANERA BREAD CO CL A 69840W108 17,722 200,000 PUT Defined 1,2,3 200,000 PFIZER INC COM 717081103 76,298 4,443,700 SH Defined 1,2,3 4,443,700 PNM RES INC COM 69349H107 9,463 830,860 SH Defined 1,2,3 830,860 PRECISION DRILLING CORP COM 2010 74022D308 32,761 4,782,589 SH Defined 1,2,3 4,782,589 QUAD / GRAPHICS INC COM CL A 747301109 10,732 229,714 SH Defined 1,2,3 229,714 REGIONS FINANCIAL CORP NEW COM 7591EP100 55,966 7,698,215 SH Defined 1,2,3 7,698,215 SANMINA SCI CORP COM NEW 800907206 69,722 5,771,708 SH Defined 1,2,3 5,771,708 SANMINA SCI CORP COM NEW 800907206 6,040 500,000 CALL Defined 1,2,3 500,000 SANOFI AVENTIS SPONSORED ADR 80105N105 24,711 743,200 SH Defined 1,2,3 743,200 SMITHFIELD FOODS INC COM 832248108 26,744 1,589,088 SH Defined 1,2,3 1,589,088 SMURFIT-STONE CONTAINER CORP COM 83272A104 32,700 1,780,100 SH Defined 1,2,3 1,780,100 SOUTHWEST AIRLS CO COM 844741108 6,535 500,000 PUT Defined 1,2,3 500,000 SUPERIOR ENERGY SVCS INC COM 868157108 30,618 1,147,174 SH Defined 1,2,3 1,147,174 SUPERVALU INC COM 868536103 58,364 5,061,951 SH Defined 1,2,3 5,061,951 TAUBMAN CTRS INC COM 876664103 8,922 200,000 PUT Defined 1,2,3 200,000 TEMPLE INLAND INC COM 879868107 63,379 3,396,519 SH Defined 1,2,3 3,396,519 TRANSATLANTIC HLDGS INC COM 893521104 67,128 1,320,900 SH Defined 1,2,3 1,320,900 UNITED CMNTY BKS BLAIRSVLE G CAP STK 90984P105 18,823 8,402,975 SH Defined 1,2,3 8,402,975 UNITED STATES STL CORP NEW COM 912909108 8,768 200,000 PUT Defined 1,2,3 200,000 VALERO ENERGY CORP NEW COM 91913Y100 46,032 2,628,900 SH Defined 1,2,3 2,628,900 VIACOM INC NEW CL B 92553P201 18,862 521,200 SH Defined 1,2,3 521,200 WAL MART STORES INC COM 931142103 25,807 482,200 SH Defined 1,2,3 482,200 WELLS FARGO & CO NEW COM 949746101 46,616 1,856,100 SH Defined 1,2,3 1,856,100 WESTERN UN CO COM 959802109 42,883 2,426,900 SH Defined 1,2,3 2,426,900
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