0000919574-12-006109.txt : 20121114 0000919574-12-006109.hdr.sgml : 20121114 20121113182511 ACCESSION NUMBER: 0000919574-12-006109 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20120930 FILED AS OF DATE: 20121114 DATE AS OF CHANGE: 20121113 EFFECTIVENESS DATE: 20121114 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: 121200317 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 d1329866_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, 2012 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 of the Funds Phone: (914) 250-1000 Signature, Place and Date of Signing: /s/ Jed Bowen Irvington, NY November 14, 2012 ------------------------- --------------------- ---------------------- [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: 54 Form 13F Information Table Value Total: $1,506,534 (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 TITLE VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY NAME OF ISSUER OF CLASS CUSIP (X$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE ABERCROMBIE & FITCH CO CL A 002896207 14,211 418,970 SH Defined 1, 2, 3 418,970 AETNA INC NEW COM 00817Y108 30,980 782,330 SH Defined 1, 2, 3 782,330 ALCOA INC COM 013817101 39,698 4,483,100 SH Defined 1, 2, 3 4,483,100 ALLSTATE CORP COM 020002101 28,774 726,441 SH Defined 1, 2, 3 726,441 AMERICAN INTL GROUP INC COM NEW 026874784 52,584 1,603,650 SH Defined 1, 2, 3 1,603,650 APPLIED MATLS INC COM 038222105 26,191 2,345,801 SH Defined 1, 2, 3 2,345,801 ASSURED GUARANTY LTD COM G0585R106 56,493 4,147,768 SH Defined 1, 2, 3 4,147,768 AVALONBAY CMNTYS INC COM 053484101 13,599 100,000 PUT Defined 1, 2, 3 100,000 BANK OF AMERICA CORPORATION COM 060505104 31,815 3,603,020 SH Defined 1, 2, 3 3,603,020 BOSTON SCIENTIFIC CORP COM 101137107 38,809 6,761,116 SH Defined 1, 2, 3 6,761,116 BP PLC SPONSORED ADR 055622104 27,482 648,780 SH Defined 1, 2, 3 648,780 CENVEO INC COM 15670S105 10,769 4,702,521 SH Defined 1, 2, 3 4,702,521 CITIGROUP INC COM NEW 172967424 17,443 533,108 SH Defined 1, 2, 3 533,108 CLIFFS NATURAL RESOURCES INC COM 18683K101 11,739 300,000 PUT Defined 1, 2, 3 300,000 CONCUR TECHNOLOGIES INC COM 206708109 24,331 330,000 PUT Defined 1, 2, 3 330,000 CORNING INC COM 219350105 32,728 2,488,829 SH Defined 1, 2, 3 2,488,829 D R HORTON INC COM 23331A109 6,189 300,000 CALL Defined 1, 2, 3 300,000 D R HORTON INC COM 23331A109 61,890 3,000,000 PUT Defined 1, 2, 3 3,000,000 DELL INC COM 24702R101 40,577 4,117,435 SH Defined 1, 2, 3 4,117,435 DONNELLEY R R & SONS CO COM 257867101 42,646 4,023,161 SH Defined 1, 2, 3 4,023,161 EQUINIX INC COM NEW 29444U502 20,605 100,000 PUT Defined 1, 2, 3 100,000 FLEXTRONICS INTL LTD ORD Y2573F102 28,018 4,669,689 SH Defined 1, 2, 3 4,669,689 GENWORTH FINL INC COM CL A 37247D106 13,568 2,594,195 SH Defined 1, 2, 3 2,594,195 HEWLETT PACKARD CO COM 428236103 25,036 1,467,498 SH Defined 1, 2, 3 1,467,498 HEWLETT PACKARD CO COM 428236103 17,060 1,000,000 CALL Defined 1, 2, 3 1,000,000 ISHARES TR DJ HOME CONSTN 464288752 19,350 1,000,000 PUT Defined 1, 2, 3 1,000,000 JOHNSON CTLS INC COM 478366107 5,155 188,137 SH Defined 1, 2, 3 188,137 JPMORGAN CHASE & CO COM 46625H100 32,152 794,260 SH Defined 1, 2, 3 794,260 LEAR CORP COM NEW 521865204 8,990 237,900 SH Defined 1, 2, 3 237,900 LENNAR CORP CL A 526057104 5,911 170,000 CALL Defined 1, 2, 3 170,000 LILLY ELI & CO COM 532457108 50,162 1,058,039 SH Defined 1, 2, 3 1,058,039 LOCKHEED MARTIN CORP COM 539830109 30,066 321,978 SH Defined 1, 2, 3 321,978 LOCKHEED MARTIN CORP COM 539830109 28,014 300,000 CALL Defined 1, 2, 3 300,000 MARTIN MARIETTA MATLS INC COM 573284106 24,861 300,000 PUT Defined 1, 2, 3 300,000 MBIA INC COM 55262C100 57,815 5,707,279 SH Defined 1, 2, 3 5,707,279 MEAD JOHNSON NUTRITION CO COM 582839106 7,328 100,000 PUT Defined 1, 2, 3 100,000 MERCK & CO INC NEW COM 58933Y105 45,768 1,014,916 SH Defined 1, 2, 3 1,014,916 NABORS INDUSTRIES LTD SHS G6359F103 28,346 2,020,364 SH Defined 1, 2, 3 2,020,364 NEWFIELD EXPL CO COM 651290108 16,981 542,191 SH Defined 1, 2, 3 542,191 PULTE GROUP INC COM 745867101 10,075 650,000 CALL Defined 1, 2, 3 650,000 PULTE GROUP INC COM 745867101 46,500 3,000,000 PUT Defined 1, 2, 3 3,000,000 QUAD / GRAPHICS INC COM CL A 747301109 27,237 1,605,960 SH Defined 1, 2, 3 1,605,960 REGIONS FINANCIAL CORP NEW COM 7591EP100 36,072 5,013,472 SH Defined 1, 2, 3 5,013,472 SAFEWAY INC COM NEW 786514208 35,820 2,226,238 SH Defined 1, 2, 3 2,226,238 SANMINA SCI CORP COM NEW 800907206 13,691 1,608,822 SH Defined 1, 2, 3 1,608,822 SPDR SERIES TRUST S&P HOMEBUILD 78464A888 62,075 2,500,000 PUT Defined 1, 2, 3 2,500,000 SUPERVALU INC COM 868536103 7,178 2,978,375 SH Defined 1, 2, 3 2,978,375 TEREX CORP NEW COM 880779103 30,409 1,346,720 SH Defined 1, 2, 3 1,346,720 TOLL BROTHERS INC COM 889478103 6,646 200,000 CALL Defined 1, 2, 3 200,000 TOLL BROTHERS INC COM 889478103 29,907 900,000 PUT Defined 1, 2, 3 900,000 U S G CORP COM NEW 903293405 36,218 1,650,000 PUT Defined 1, 2, 3 1,650,000 ULTRA PETROLEUM CORP COM 903914109 38,038 1,730,557 SH Defined 1, 2, 3 1,730,557 WELLPOINT INC COM 94973V107 24,495 422,261 SH Defined 1, 2, 3 422,261 WESTERN UN CO COM 959802109 28,039 1,538,908 SH Defined 1, 2, 3 1,538,908
SK 03563 0004 1329866