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