0001140361-12-006906.txt : 20120210 0001140361-12-006906.hdr.sgml : 20120210 20120210154716 ACCESSION NUMBER: 0001140361-12-006906 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20111231 FILED AS OF DATE: 20120210 DATE AS OF CHANGE: 20120210 EFFECTIVENESS DATE: 20120210 FILER: COMPANY DATA: COMPANY CONFORMED NAME: JBF Capital, Inc. CENTRAL INDEX KEY: 0001483864 IRS NUMBER: 134259470 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-13723 FILM NUMBER: 12592672 BUSINESS ADDRESS: STREET 1: 306 WEST FRANCIS STREET CITY: ASPEN STATE: CO ZIP: 81611 BUSINESS PHONE: 970-920-1145 MAIL ADDRESS: STREET 1: 306 WEST FRANCIS STREET CITY: ASPEN STATE: CO ZIP: 81611 13F-HR 1 form13fhr.txt NONE UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F Form 13F COVER PAGE Report for the Calendar Year or Quarter Ended: 12/31/2011 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: JBF Capital, Inc. Address: 306 West Francis Street Aspen, CO 81611 Form 13F File Number: 028-13723 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 submission. Persons Signing this Report on Behalf of Reporting Manager: Name: John B. Fullerton Title: President Phone: 970-920-1145 Signature, Place, and Date of Signing: /s/ John B. Fullerton San Francisco, CA 2/10/2012 --------------------------------- --------------------------------- ---------- [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 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).) List of Other Managers Reporting for this Manager: Form 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 Form 13F Information Table Entry Total: 143 Form 13F Information Table Value Total: $ 345,533 -------------- (In Thousands) List of Other Included Managers: Provide a numbered list of the name(s) and 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report. NONE
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 ------------------------------------- -------------- --------- -------- --------- --- ---- ---------- -------- --------- ------ ---- ABBOTT LABORATORIES CMN COM 002824100 5,342 95,000 SH SOLE 95,000 0 0 ACETO CORP CMN COM 004446100 653 94,651 SH SOLE 94,651 0 0 AETNA INC CMN COM 00817Y108 3,797 90,000 SH SOLE 90,000 0 0 AIR T INC CMN COM 009207101 18 2,125 SH SOLE 2,125 0 0 ALPHA PRO TECH LTD CMN COM 020772109 7 5,600 SH SOLE 5,600 0 0 AMERICAN REPROGRAPHICS CO CMN COM 029263100 620 135,095 SH SOLE 135,095 0 0 AMERICAN VANGUARD CORPORATION CMN COM 030371108 168 12,600 SH SOLE 12,600 0 0 AMERISOURCEBERGEN CORPORATION CMN COM 03073E105 2,045 55,000 SH SOLE 55,000 0 0 AMERISERV FINL INC CMN COM 03074A102 68 34,711 SH SOLE 34,711 0 0 APACHE CORP. CMN COM 037411105 3,161 34,900 SH SOLE 34,900 0 0 APPLE, INC. CMN COM 037833100 14,216 35,100 SH SOLE 35,100 0 0 APPLIED MATERIALS INC CMN COM 038222105 2,335 218,000 SH SOLE 218,000 0 0 BALL CORPORATION CMN COM 058498106 36 1,000 SH SOLE 1,000 0 0 THE BANCORP INC CMN COM 05969A105 259 35,850 SH SOLE 35,850 0 0 BANK OF AMERICA CORP CMN COM 060505104 5,106 918,406 SH SOLE 918,406 0 0 BARRY R G CORP (OHIO) CMN COM 068798107 658 54,440 SH SOLE 54,440 0 0 BBCN BANCORP INC CMN COM 073295107 789 83,515 SH SOLE 83,515 0 0 BECTON DICKINSON & CO CMN COM 075887109 1,701 22,766 SH SOLE 22,766 0 0 H & R BLOCK INC. CMN COM 093671105 8,636 528,822 SH SOLE 528,822 0 0 BRISTOL-MYERS SQUIBB COMPANY CMN COM 110122108 3,348 95,000 SH SOLE 95,000 0 0 CNO FINANCIAL GROUP INC CMN COM 12621E103 3,134 496,698 SH SOLE 496,698 0 0 CA, INC. CMN COM 12673P105 3,218 159,183 SH SOLE 159,183 0 0 CAPITAL ONE FINANCIAL CORP CMN COM 14040H105 4,863 115,000 SH SOLE 115,000 0 0 PUT/CAT @ 75 EXP 01/19/2013 PUT 149123101 41 50 SH PUT SOLE 50 0 0 PUT/CAT @ 70 EXP 01/19/2013 PUT 149123101 53 80 SH PUT SOLE 80 0 0 CENTRAL SECURITIES CORP. MUTUAL FUND COM 155123102 7 354 SH SOLE 354 0 0 THE CHEF'S WAREHOUSE INC CMN COM 163086101 772 43,239 SH SOLE 43,239 0 0 CHEVRON CORPORATION CMN COM 166764100 6,267 58,900 SH SOLE 58,900 0 0 CHINA FUND INC. Closed-End Fund COM 169373107 661 32,209 SH SOLE 32,209 0 0 CHUBB CORP CMN COM 171232101 2,077 30,000 SH SOLE 30,000 0 0 CIBER INC CMN COM 17163B102 918 237,814 SH SOLE 237,814 0 0 CISCO SYSTEMS, INC. CMN COM 17275R102 1,718 95,000 SH SOLE 95,000 0 0 CITIZENS REPUBLIC BANCORP INC CMN COM 174420307 2,856 250,494 SH SOLE 250,494 0 0 COCA-COLA COMPANY (THE) CMN COM 191216100 11,505 164,433 SH SOLE 164,433 0 0 COHEN & STEERS INFRA FUND INC MUTUAL COM 19248A109 128 8,100 SH SOLE 8,100 0 0 FUND CONOCOPHILLIPS CMN COM 20825C104 3,673 50,400 SH SOLE 50,400 0 0 CONTINENTAL MATERIALS CORP CMN COM 211615307 57 4,771 SH SOLE 4,771 0 0 COWEN GROUP, INC. CMN COM 223622101 1,177 454,445 SH SOLE 454,445 0 0 D.R. HORTON, INC. CMN COM 23331A109 3,947 313,000 SH SOLE 313,000 0 0 CALL/DHI @ 15 EXP 01/21/2012 CALL 23331A109 1 40 SH CALL SOLE 40 0 0 CALL/DHI @ 17.5 EXP 01/21/2012 CALL 23331A109 1 280 SH CALL SOLE 280 0 0 CALL/DHI @ 12.5 EXP 01/21/2012 CALL 23331A109 15 300 SH CALL SOLE 300 0 0 DOVER DOWNS GAMING & ENTMT INC CMN COM 260095104 35 16,157 SH SOLE 16,157 0 0 DR PEPPER SNAPPLE GROUP, INC. CMN COM 26138E109 1,974 50,000 SH SOLE 50,000 0 0 EASYLINK SERVICES INTL CORP CMN COM 277858106 254 63,705 SH SOLE 63,705 0 0 CLASS A EBAY INC. CMN COM 278642103 6,466 213,200 SH SOLE 213,200 0 0 ENDO PHARMACEUTICALS HLDGS INC CMN COM 29264F205 1,744 50,500 SH SOLE 50,500 0 0 ENGLOBAL CORPORATION CMN COM 293306106 604 286,133 SH SOLE 286,133 0 0 EXPEDIA, INC. CMN COM 30212P303 798 27,500 SH SOLE 27,500 0 0 E Z CORP INC CL-A NON VTG CMN CLASS A COM 302301106 2,393 90,736 SH SOLE 90,736 0 0 EXXON MOBIL CORPORATION CMN COM 30231G102 6,357 75,000 SH SOLE 75,000 0 0 FEDERAL MOGUL CORP CMN COM 313549404 15 1,000 SH SOLE 1,000 0 0 FEDFIRST FINANCIAL CORPORATION CMN COM 31429C101 60 4,390 SH SOLE 4,390 0 0 FIFTH THIRD BANCORP CMN COM 316773100 3,398 267,100 SH SOLE 267,100 0 0 FIRST DEFIANCE FINANCIAL CORP. CMN COM 32006W106 1,930 132,290 SH SOLE 132,290 0 0 FONAR CORPORATION CMN COM 344437405 2 1,000 SH SOLE 1,000 0 0 FRIEDMAN INDS INC CMN COM 358435105 45 4,285 SH SOLE 4,285 0 0 FROZEN FOOD EXPRESS INDS INC CMN COM 359360104 48 37,505 SH SOLE 37,505 0 0
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 ------------------------------------- -------------- --------- -------- --------- --- ---- ---------- -------- --------- ------ ---- FULL HOUSE RESORTS CMN COM 359678109 83 31,423 SH SOLE 31,423 0 0 GABELLI DIVIDEND & INCM TRUST MUTUAL COM 36242H104 1,525 98,886 SH SOLE 98,886 0 0 FUND GABELLI HEALTHCARE & WELLNESSR*X COM 36246K103 150 21,020 SH SOLE 21,020 0 0 TRUST (THE) MUTUAL FUND GAIN CAPITAL HOLDINGS, INC. CMN COM 36268W100 321 47,881 SH SOLE 47,881 0 0 GAP INC CMN COM 364760108 557 30,000 SH SOLE 30,000 0 0 GENERAL ELECTRIC CO CMN COM 369604103 867 48,400 SH SOLE 48,400 0 0 GIBRALTAR INDUSTRIES INC CMN COM 374689107 534 38,233 SH SOLE 38,233 0 0 GOLDMAN SACHS GROUP, INC.(THE) CMN COM 38141G104 2,306 25,500 SH SOLE 25,500 0 0 THE HOME DEPOT, INC. CMN COM 437076102 2,791 66,400 SH SOLE 66,400 0 0 HORSEHEAD HOLDING CORP. CMN COM 440694305 45 5,000 SH SOLE 5,000 0 0 THE HOWARD HUGHES CORP CMN COM 44267D107 186 4,200 SH SOLE 4,200 0 0 HUMANA INC. CMN COM 444859102 4,249 48,500 SH SOLE 48,500 0 0 INFUSYSTEM HOLDINGS, INC. CMN COM 45685K102 127 79,053 SH SOLE 79,053 0 0 INSPERITY INC CMN COM 45778Q107 1,529 60,329 SH SOLE 60,329 0 0 INTEL CORPORATION CMN COM 458140100 12,503 515,600 SH SOLE 515,600 0 0 CALL/INTC @ 25 EXP 01/21/2012 CALL 458140100 11 333 SH CALL SOLE 333 0 0 INTERACTIVE BROKERS GROUP, INC*. CMN COM 45841N107 299 20,000 SH SOLE 20,000 0 0 ISHARES MSCI JAPAN INDEX FD MARKET ETF 464286848 390 42,800 SH SOLE 42,800 0 0 INDEX ge. JDS UNIPHASE CORPORATION CMN COM 46612J507 506 48,500 SH SOLE 48,500 0 0 JPMORGAN CHASE & CO CMN COM 46625H100 4,791 144,100 SH SOLE 144,100 0 0 JOHNSON & JOHNSON CMN COM 478160104 22,167 338,021 SH SOLE 338,021 0 0 KRAFT FOODS INC. CMN CLASS A COM 50075N104 7,846 210,000 SH SOLE 210,000 0 0 LIBBEY INC. CMN COM 529898108 3 200 SH SOLE 200 0 0 LIBERTY ALL-STAR EQUITY FD(SBI COM 530158104 176 41,800 SH SOLE 41,800 0 0 MUTUAL FUND ELI LILLY & CO CMN COM 532457108 623 15,000 SH SOLE 15,000 0 0 LOUISIANA PACIFIC CORP CMN COM 546347105 1,091 135,165 SH SOLE 135,165 0 0 MVC CAPITAL INC CLOSED END FUND COM 553829102 641 55,278 SH SOLE 55,278 0 0 MARATHON OIL CORPORATION CMN COM 565849106 1,054 36,000 SH SOLE 36,000 0 0 MASTERCARD INCORPORATED CMN CLASS A COM 57636Q104 1,864 5,000 SH SOLE 5,000 0 0 MATTEL, INC. CMN COM 577081102 2,179 78,500 SH SOLE 78,500 0 0 MC DONALDS CORP CMN COM 580135101 6,772 67,500 SH SOLE 67,500 0 0 MEDTRONIC INC CMN COM 585055106 3,908 102,183 SH SOLE 102,183 0 0 MERCK & CO., INC. CMN COM 58933Y105 5,791 153,600 SH SOLE 153,600 0 0 MICROSOFT CORPORATION CMN COM 594918104 9,401 362,130 SH SOLE 362,130 0 0 MORGAN STANLEY ASIA PACIFIC FUND INC COM 61744U106 24 1,864 SH SOLE 1,864 0 0 MUTUAL FUND NAVARRE CORP CMN COM 639208107 2 1,600 SH SOLE 1,600 0 0 NEW FRONTIER MEDIA INC CMN COM 644398109 24 23,325 SH SOLE 23,325 0 0 NOKIA CORP SPON ADR SPONSORED ADR CMN COM 654902204 1 167 SH SOLE 167 0 0 NUVEEN MULTI-STRATEGY INCOME AND COM 67073D102 1,135 141,040 SH SOLE 141,040 0 0 GROWTH FUND 2 MUTUAL FUND OCCIDENTAL PETROLEUM CORP CMN COM 674599105 6,184 66,000 SH SOLE 66,000 0 0 OCH-ZIFF CAPITAL MGMT, L.L.C. CMN COM 67551U105 8 1,000 SH SOLE 1,000 0 0 CLASS A PACIFIC PREMIER BANCORP CMN COM 69478X105 188 29,580 SH SOLE 29,580 0 0 PEOPLES BANCORP INC CMN COM 709789101 1,918 129,492 SH SOLE 129,492 0 0 PEPSICO INC CMN COM 713448108 3,934 59,291 SH SOLE 59,291 0 0 PFIZER INC. CMN COM 717081103 2,813 130,000 SH SOLE 130,000 0 0 PHILIP MORRIS INTL INC CMN COM 718172109 15,696 200,000 SH SOLE 200,000 0 0 PROGRESSIVE CORPORATION (THE) CMN COM 743315103 4,944 253,396 SH SOLE 253,396 0 0 QC HOLDINGS, INC. CMN COM 74729T101 11 2,749 SH SOLE 2,749 0 0 REGIONS FINANCIAL CORPORATION CMN COM 7591EP100 1,861 432,700 SH SOLE 432,700 0 0 RENT-A-CENTER INC CMN COM 76009N100 2,906 78,539 SH SOLE 78,539 0 0 PUT/CRM @ 85 EXP 01/21/2012 PUT 79466L302 6 100 SH PUT SOLE 100 0 0 PUT/CRM @ 90 EXP 01/21/2012 PUT 79466L302 12 100 SH PUT SOLE 100 0 0 PUT/CRM @ 100 EXP 02/18/2012 PUT 79466L302 69 100 SH PUT SOLE 100 0 0
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 ------------------------------------- -------------- --------- -------- --------- --- ---- ---------- -------- --------- ------ ---- PUT/CRM @ 110 EXP 02/18/2012 PUT 79466L302 126 100 SH PUT SOLE 100 0 0 CHARLES SCHWAB CORPORATION CMN COM 808513105 1,253 111,300 SH SOLE 111,300 0 0 STANLEY FURNITURE INC (NEW) CMN COM 854305208 2,523 843,958 SH SOLE 843,958 0 0 STAPLES, INC. CMN COM 855030102 511 36,800 SH SOLE 36,800 0 0 STATE STREET CORPORATION (NEW) CMN COM 857477103 5,384 133,577 SH SOLE 133,577 0 0 STEWART INFORMATION SVCS CORP CMN COM 860372101 2,514 217,640 SH SOLE 217,640 0 0 STEWART INFORMATION SERV 6.00000000 CNV 860372AB7 3,353 3,000,000 PRN SOLE 3,000,000 0 0 10/15/2014 CONV AO TJX COMPANIES INC (NEW) CMN COM 872540109 1,291 20,000 SH SOLE 20,000 0 0 3M COMPANY CMN COM 88579Y101 409 5,000 SH SOLE 5,000 0 0 TOLL BROTHERS, INC. CMN COM 889478103 1,711 83,800 SH SOLE 83,800 0 0 TOWER GROUP, INC. CMN COM 891777104 2,012 99,736 SH SOLE 99,736 0 0 TRIPADVISOR, INC. CMN COM 896945201 693 27,500 SH SOLE 27,500 0 0 TUESDAY MORNING CORP CMN COM 899035505 690 200,050 SH SOLE 200,050 0 0 UNITED ONLINE INC CMN COM 911268100 548 100,710 SH SOLE 100,710 0 0 UNITED PARCEL SERVICE, INC. CLASS B COM 911312106 4,984 68,091 SH SOLE 68,091 0 0 COMMON STOCK UNITEDHEALTH GROUP INCORPORATE*D CMN COM 91324P102 4,044 79,800 SH SOLE 79,800 0 0 VALSPAR CORP CMN COM 920355104 261 6,700 SH SOLE 6,700 0 0 VANGUARD MSCI EAFE ETF CMN ETF ETF 921943858 13 434 SH SOLE 434 0 0 VANGUARD FTSE ALL-WORLD EX-US INDEX ETF 922042775 21 542 SH SOLE 542 0 0 FUND ETF VISA INC. CMN CLASS A COM 92826C839 2,640 26,000 SH SOLE 26,000 0 0 VITACOST.COM, INC. CMN CLASS COM 92847A200 152 24,500 SH SOLE 24,500 0 0 WAL MART STORES INC CMN COM 931142103 19,356 323,900 SH SOLE 323,900 0 0 WALGREEN CO. CMN COM 931422109 1,984 60,000 SH SOLE 60,000 0 0 WASTE MANAGEMENT INC CMN COM 94106L109 3,464 105,900 SH SOLE 105,900 0 0 WEST BANCORPORATION INC CMN COM 95123P106 1,494 155,906 SH SOLE 155,906 0 0 WESTERN UNION COMPANY (THE) CMN COM 959802109 1,911 104,655 SH SOLE 104,655 0 0 ASSURED GUARANTY LTD. CMN COM G0585R106 2,363 179,800 SH SOLE 179,800 0 0 AXIS CAPITAL HOLDINGS, LTD. CMN COM G0692U109 1,278 40,000 SH SOLE 40,000 0 0 ACCENTURE PLC CMN COM G1151C101 3,868 72,665 SH SOLE 72,665 0 0 COVIDIEN PUBLIC LIMITED COMPAN*Y CMN COM G2554F113 2,251 50,000 SH SOLE 50,000 0 0 TYCO INTERNATIONAL LTD CMN COM H89128104 1,724 36,900 SH SOLE 36,900 0 0 LYONDELLBASELL INDUSTRIES N.V. CMN COM N53745100 5,510 169,600 SH SOLE 169,600 0 0 CLASS A