0000919574-15-002262.txt : 20150218 0000919574-15-002262.hdr.sgml : 20150216 20150217161303 ACCESSION NUMBER: 0000919574-15-002262 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20141231 FILED AS OF DATE: 20150217 DATE AS OF CHANGE: 20150217 EFFECTIVENESS DATE: 20150217 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: 15622509 BUSINESS ADDRESS: STREET 1: 3 WEST MAIN STREET STREET 2: 2ND FLOOR CITY: IRVINGTON STATE: NY ZIP: 10533 BUSINESS PHONE: (914) 250-1000 MAIL ADDRESS: STREET 1: 3 WEST MAIN STREET STREET 2: 2ND FLOOR CITY: IRVINGTON STATE: NY ZIP: 10533 13F-HR 1 primary_doc.xml 13F-HR LIVE false true false 0001483276 XXXXXXXX 12-31-2014 12-31-2014 false Elm Ridge Management, LLC

3 WEST MAIN STREET 2ND FLOOR IRVINGTON NY 10533

13F HOLDINGS REPORT 028-13787 N Kevin Heerdt 914-250-1015 /s/ Kevin Heerdt IRVINGTON NY 02-17-2015 3 35 1046034 1 0001381073 028-12044 Elm Ridge Partners, LLC 2 0001353257 028-11797 Elm Ridge Offshore Master Fund Ltd 3 0001166219 028-10075 ELM RIDGE CAPITAL MANAGEMENT, LLC INFORMATION TABLE 2 infotable.xml ABERCROMBIE & FITCH CO CL A 002896207 13468 470253 SH DFND 1,2,3 45015 425238 0 AEROPOSTALE COM 007865108 7894 3402763 SH DFND 1,2,3 325551 3077212 0 AEROPOSTALE COM 007865108 2552 1100000 SH Call DFND 1,2,3 114000 986000 0 ALCOA INC COM 013817101 26912 1704360 SH DFND 1,2,3 163061 1541299 0 AMERICAN INTL GROUP INC COM NEW 026874784 34513 616196 SH DFND 1,2,3 58954 557242 0 APACHE CORP COM 037411105 31235 498403 SH DFND 1,2,3 51550 446853 0 ASCENA RETAIL GROUP INC COM 04351G101 22759 1811983 SH DFND 1,2,3 173412 1638571 0 ASSURED GUARANTY LTD COM G0585R106 42769 1645603 SH DFND 1,2,3 157556 1488047 0 BOSTON SCIENTIFIC CORP COM 101137107 21214 1601054 SH DFND 1,2,3 153291 1447763 0 CARNIVAL CORP PAIRED CTF 143658300 27467 605945 SH DFND 1,2,3 58012 547933 0 CITIGROUP INC COM NEW 172967424 23239 429474 SH DFND 1,2,3 41090 388384 0 DEAN FOODS CO NEW COM NEW 242370203 28233 1456831 SH DFND 1,2,3 139418 1317413 0 DENBURY RES INC COM NEW 247916208 24927 3066074 SH DFND 1,2,3 317123 2748951 0 DOMTAR CORP COM NEW 257559203 19383 481915 SH DFND 1,2,3 46106 435809 0 DONNELLEY R R & SONS CO COM 257867101 41675 2479910 SH DFND 1,2,3 239833 2240077 0 DONNELLEY R R & SONS CO COM 257867101 3698 220000 SH Call DFND 1,2,3 20000 200000 0 GOLDMAN SACHS GROUP INC COM 38141G104 24469 126240 SH DFND 1,2,3 12078 114162 0 INTERPUBLIC GROUP COS INC COM 460690100 18684 899547 SH DFND 1,2,3 86128 813419 0 ISHARES TR RUSSELL 2000 ETF 464287655 121032 1011800 SH Put DFND 1,2,3 96800 915000 0 JABIL CIRCUIT INC COM 466313103 21245 973202 SH DFND 1,2,3 93110 880092 0 LENNAR CORP CL A 526057104 4481 100000 SH Call DFND 1,2,3 9600 90400 0 LILLY ELI & CO COM 532457108 26180 379479 SH DFND 1,2,3 36342 343137 0 MBIA INC COM 55262C100 51036 5349669 SH DFND 1,2,3 511296 4838373 0 MERCK & CO INC NEW COM 58933Y105 24947 439292 SH DFND 1,2,3 42052 397240 0 MURPHY OIL CORP COM 626717102 24783 490567 SH DFND 1,2,3 50739 439828 0 NEWFIELD EXPL CO COM 651290108 20319 749216 SH DFND 1,2,3 71712 677504 0 POPULAR INC COM NEW 733174700 15067 442499 SH DFND 1,2,3 42334 400165 0 QUAD / GRAPHICS INC COM CL A 747301109 18313 797594 SH DFND 1,2,3 81656 715938 0 RENT A CTR INC NEW COM 76009N100 28137 774684 SH DFND 1,2,3 74166 700518 0 ROYAL DUTCH SHELL PLC SPONS ADR A 780259206 28364 423659 SH DFND 1,2,3 43819 379840 0 SPDR S&P 500 ETF TR TR UNIT 78462F103 183547 893000 SH Put DFND 1,2,3 85300 807700 0 SUPERVALU INC COM 868536103 20096 2071719 SH DFND 1,2,3 198208 1873511 0 TERADYNE INC COM 880770102 15684 792535 SH DFND 1,2,3 75824 716711 0 TEREX CORP NEW COM 880779103 14728 528274 SH DFND 1,2,3 50486 477788 0 ULTRA PETROLEUM CORP COM 903914109 12984 986596 SH DFND 1,2,3 94371 892225 0