0000897423-14-000036.txt : 20140811 0000897423-14-000036.hdr.sgml : 20140811 20140808151700 ACCESSION NUMBER: 0000897423-14-000036 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20140630 FILED AS OF DATE: 20140808 DATE AS OF CHANGE: 20140808 EFFECTIVENESS DATE: 20140808 FILER: COMPANY DATA: COMPANY CONFORMED NAME: BBT Capital Management, LLC CENTRAL INDEX KEY: 0001544341 IRS NUMBER: 412028120 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-14954 FILM NUMBER: 141027225 BUSINESS ADDRESS: STREET 1: 201 MAIN STREET, SUITE 3200 CITY: FORT WORTH STATE: TX ZIP: 76102 BUSINESS PHONE: 817-390-8400 MAIL ADDRESS: STREET 1: 201 MAIN STREET, SUITE 3200 CITY: FORT WORTH STATE: TX ZIP: 76102 13F-HR 1 primary_doc.xml 13F-HR LIVE false false false 0001544341 XXXXXXXX 06-30-2014 06-30-2014 BBT Capital Management, LLC
201 MAIN STREET, SUITE 3200 FORT WORTH TX 76102
13F HOLDINGS REPORT 028-14954 N
William O. Reimann Vice President 817-390-8400 /s/ William O. Reimann Fort Worth TX 08-08-2014 2 210 1613538 false 1 028-5275 BBT Fund, L.P. 2 028-10369 BBT Master Fund, L.P.
INFORMATION TABLE 2 bbtcmllc63014.xml AGCO CORP COM 001084102 2127 37831 SH DFND 01,02 37831 0 0 AMAG PHARMACEUTICALS INC COM 00163U106 3108 150000 SH DFND 01,02 150000 0 0 AT&T INC COM 00206R102 1061 30000 SH Call DFND 01,02 30000 0 0 ACORDA THERAPEUTICS INC COM 00484M106 3034 90000 SH DFND 01,02 90000 0 0 ACTIVISION BLIZZARD INC COM 00507V109 1115 50000 SH Put DFND 01,02 50000 0 0 ALEXZA PHARMACEUTICALS INC COM NEW 015384209 539 118033 SH DFND 01,02 118033 0 0 ALLERGAN INC COM 018490102 16499 97500 SH DFND 01,02 97500 0 0 ALPHA NATURAL RESOURCES INC NOTE 4.875%12/1 02076XAF9 2318 3000000 PRN DFND 01,02 3000000 0 0 ALTERA CORP COM 021441100 1579 45427 SH DFND 01,02 45427 0 0 AMERICAN AIRLS GROUP INC COM 02376R102 13405 312046 SH DFND 01,02 312046 0 0 AMERICAN CAP LTD COM 02503Y103 10314 674537 SH DFND 01,02 674537 0 0 ANADARKO PETE CORP COM 032511107 26942 246114 SH DFND 01,02 246114 0 0 ANGIODYNAMICS INC COM 03475V101 3118 190912 SH DFND 01,02 190912 0 0 APPLE INC COM 037833100 9758 105000 SH Call DFND 01,02 105000 0 0 ASTRAZENECA PLC SPONSORED ADR 046353108 11146 150000 SH DFND 01,02 150000 0 0 ATHENAHEALTH INC COM 04685W103 313 2500 SH DFND 01,02 2500 0 0 ATHENAHEALTH INC COM 04685W103 2503 20000 SH Put DFND 01,02 20000 0 0 AURICO GOLD INC COM 05155C105 1106 259572 SH DFND 01,02 259572 0 0 BERRY PLASTICS GROUP INC COM 08579W103 16917 655701 SH DFND 01,02 655701 0 0 BIOMARIN PHARMACEUTICAL INC COM 09061G101 3449 55441 SH DFND 01,02 55441 0 0 BIOSCRIP INC COM 09069N108 3128 375000 SH DFND 01,02 375000 0 0 BLOOMIN BRANDS INC COM 094235108 2608 116251 SH DFND 01,02 116251 0 0 BONANZA CREEK ENERGY INC COM 097793103 12004 209904 SH DFND 01,02 209904 0 0 BOYD GAMING CORP COM 103304101 3279 270300 SH DFND 01,02 270300 0 0 BROADCOM CORP COM 111320107 1856 50000 SH Call DFND 01,02 50000 0 0 BROOKDALE SR LIVING INC COM 112463104 3945 118327 SH DFND 01,02 118327 0 0 CIGNA CORPORATION COM 125509109 16321 177460 SH DFND 01,02 177460 0 0 CABOT OIL & GAS CORP COM 127097103 6720 196825 SH DFND 01,02 196825 0 0 CARNIVAL CORP PAIRED CTF 143658300 2957 78545 SH DFND 01,02 78545 0 0 CELANESE CORP DEL COM SER A 150870103 22826 355100 SH DFND 01,02 355100 0 0 CENTURYLINK INC COM 156700106 9376 259000 SH Call DFND 01,02 259000 0 0 CHICOS FAS INC COM 168615102 5141 303106 SH DFND 01,02 303106 0 0 CISCO SYS INC COM 17275R102 4783 192464 SH SOLE 192464 0 0 COBALT INTL ENERGY INC COM 19075F106 10752 585919 SH DFND 01,02 585919 0 0 COBALT INTL ENERGY INC COM 19075F106 3211 175000 SH Call DFND 01,02 175000 0 0 COBALT INTL ENERGY INC NOTE 2.625%12/0 19075FAA4 4640 5000000 PRN DFND 01,02 5000000 0 0 COMCAST CORP NEW COM 20030N101 1342 25000 SH Call DFND 01,02 25000 0 0 COMCAST CORP NEW CL A SPL 20030N200 4266 80000 SH DFND 01,02 80000 0 0 COMMUNITY HEALTH SYS INC NEW COM 203668108 2997 66050 SH DFND 01,02 66050 0 0 COMMUNITY HEALTH SYS INC NEW RIGHT 01/27/2016 203668116 773 11550000 SH DFND 01,02 11550000 0 0 COMPUWARE CORP COM 205638109 8703 871176 SH DFND 01,02 871176 0 0 COMVERSE INC COM 20585P105 2376 89070 SH DFND 01,02 89070 0 0 CONSOL ENERGY INC COM 20854P109 6176 134058 SH DFND 01,02 134058 0 0 COOPER STD HLDGS INC COM 21676P103 14362 217081 SH DFND 01,02 217081 0 0 CRITEO S A SPONS ADS 226718104 586 17362 SH DFND 01,02 17362 0 0 CROCS INC COM 227046109 4996 332421 SH DFND 01,02 332421 0 0 CROWN CASTLE INTL CORP COM 228227104 1114 15000 SH DFND 01,02 15000 0 0 CYPRESS SEMICONDUCTOR CORP COM 232806109 546 50000 SH Call DFND 01,02 50000 0 0 DDR CORP COM 23317H102 2845 161362 SH DFND 01,02 161362 0 0 D R HORTON INC COM 23331A109 2507 102000 SH DFND 01 102000 0 0 DANAHER CORP DEL COM 235851102 1064 13517 SH DFND 01,02 13517 0 0 DEAN FOODS CO NEW COM NEW 242370203 2804 159400 SH DFND 01,02 159400 0 0 DELTA AIR LINES INC DEL COM NEW 247361702 9485 244967 SH DFND 01,02 244967 0 0 DIAMONDBACK ENERGY INC COM 25278X109 10287 115844 SH DFND 01,02 115844 0 0 DISCOVERY COMMUNICATNS NEW COM 25470F104 3714 50000 SH Call DFND 01,02 50000 0 0 DISCOVERY COMMUNICATNS NEW COM 25470F302 2178 30000 SH Put DFND 01,02 30000 0 0 DIRECTV COM 25490A309 25503 300000 SH DFND 01,02 300000 0 0 EQT CORP COM 26884L109 15074 141010 SH DFND 01,02 141010 0 0 EBAY INC COM 278642103 3994 79776 SH DFND 01,02 79776 0 0 ELIZABETH ARDEN INC COM 28660G106 2110 98501 SH DFND 01,02 98501 0 0 ENERGEN CORP COM 29265N108 8333 93760 SH DFND 01,02 93760 0 0 ENTRAVISION COMMUNICATIONS C CL A 29382R107 6699 1076959 SH DFND 01,02 1076959 0 0 ENTROPIC COMMUNICATIONS INC COM 29384R105 2974 892970 SH DFND 01,02 892970 0 0 EXELON CORP COM 30161N101 12556 344191 SH DFND 01,02 344191 0 0 EXPRESS INC COM 30219E103 4087 240000 SH DFND 01,02 240000 0 0 EXXON MOBIL CORP COM 30231G102 10068 100000 SH Call DFND 01,02 100000 0 0 FAIRPOINT COMMUNICATIONS INC COM NEW 305560302 1396 99905 SH DFND 01,02 99905 0 0 FAMILY DLR STORES INC COM 307000109 5222 78953 SH DFND 01,02 78953 0 0 FASTENAL CO COM 311900104 3081 62246 SH DFND 01,02 62246 0 0 FLOWSERVE CORP COM 34354P105 2864 38522 SH DFND 01,02 38522 0 0 FRONTIER COMMUNICATIONS CORP COM 35906A108 584 100000 SH Call DFND 01,02 100000 0 0 GNC HLDGS INC COM CL A 36191G107 4951 145176 SH DFND 01,02 145176 0 0 GANNETT INC COM 364730101 2520 80500 SH Call DFND 01,02 80500 0 0 GENERAL ELECTRIC CO COM 369604103 4987 189753 SH DFND 01,02 189753 0 0 GENERAL ELECTRIC CO COM 369604103 2909 110700 SH Call DFND 01,02 110700 0 0 GENERAL MLS INC COM 370334104 5254 100000 SH Call DFND 01,02 100000 0 0 GENERAL MTRS CO COM 37045V100 39983 1101466 SH DFND 01,02 1101466 0 0 GRACE W R & CO DEL NEW COM 38388F108 9453 100000 SH DFND 01,02 100000 0 0 GRANITE CONSTR INC COM 387328107 8095 225000 SH DFND 01,02 225000 0 0 GRIFOLS S A SP ADR REP B NVT 398438408 5277 119802 SH DFND 01,02 119802 0 0 GROUPON INC COM 399473107 993 150000 SH Call DFND 01,02 150000 0 0 GRUPO TELEVISA SA SPON ADR REP ORD 40049J206 4803 140000 SH DFND 01,02 140000 0 0 GUESS INC COM 401617105 3014 111614 SH DFND 01,02 111614 0 0 GULFPORT ENERGY CORP COM NEW 402635304 10221 162761 SH DFND 01,02 162761 0 0 HCA HOLDINGS INC COM 40412C101 19214 340800 SH DFND 01,02 340800 0 0 HCA HOLDINGS INC COM 40412C101 16914 300000 SH Put DFND 01,02 300000 0 0 HARVEST NATURAL RESOURCES IN COM 41754V103 1630 326619 SH DFND 01,02 326619 0 0 HERSHEY CO COM 427866108 6816 70000 SH Put DFND 01,02 70000 0 0 HERTZ GLOBAL HOLDINGS INC COM 42805T105 2803 100000 SH DFND 01,02 100000 0 0 HEWLETT PACKARD CO COM 428236103 3368 100000 SH Call DFND 01,02 100000 0 0 HEWLETT PACKARD CO COM 428236103 1179 35000 SH Put DFND 01,02 35000 0 0 HILLSHIRE BRANDS CO COM 432589109 16857 270571 SH DFND 01,02 270571 0 0 HILLSHIRE BRANDS CO COM 432589109 18690 300000 SH Call DFND 01,02 300000 0 0 IAMGOLD CORP COM 450913108 1236 300000 SH DFND 01,02 300000 0 0 IDENIX PHARMACEUTICALS INC COM 45166R204 10011 415400 SH Put DFND 01,02 415400 0 0 INTEL CORP COM 458140100 1498 48483 SH DFND 01,02 48483 0 0 INTERNATIONAL GAME TECHNOLOG COM 459902102 2261 142113 SH DFND 01,02 142113 0 0 ISHARES COM 464286608 1693 40000 SH Call DFND 01,02 40000 0 0 ISHARES COM 464287655 3564 30000 SH Call DFND 01,02 30000 0 0 ISHARES US HOME CONS ETF 464288752 3687 148664 SH DFND 01,02 148664 0 0 JPMORGAN CHASE & CO COM 46625H100 2881 50000 SH Call DFND 01,02 50000 0 0 JAMBA INC COM NEW 47023A309 2420 200000 SH DFND 01,02 200000 0 0 JUNIPER NETWORKS INC COM 48203R104 2737 111523 SH DFND 01,02 111523 0 0 KELLOGG CO COM 487836108 6570 100000 SH Call DFND 01,02 100000 0 0 KOHLS CORP COM 500255104 5268 100000 SH Call DFND 01,02 100000 0 0 KYTHERA BIOPHARMACEUTICALS I COM 501570105 1918 50000 SH DFND 01 50000 0 0 LENNOX INTL INC COM 526107107 2037 22743 SH DFND 01,02 22743 0 0 LIBERTY MEDIA CORP DELAWARE CL A 531229102 8664 63390 SH DFND 01,02 63390 0 0 LINKEDIN CORP COM 53578A108 2572 15000 SH Put DFND 01,02 15000 0 0 LULULEMON ATHLETICA INC COM 550021109 2024 50000 SH DFND 01,02 50000 0 0 MARKET VECTORS ETF TR COM 57060U100 397 15000 SH Call DFND 01,02 15000 0 0 MARKET VECTORS ETF TR GOLD MINER ETF 57060U100 3042 115000 SH DFND 01,02 115000 0 0 MASTEC INC COM 576323109 5723 185700 SH DFND 01,02 185700 0 0 MCDERMOTT INTL INC COM 580037109 4173 515803 SH DFND 01,02 515803 0 0 MEADWESTVACO CORP COM 583334107 13278 300000 SH DFND 01,02 300000 0 0 MEDTRONIC INC COM 585055106 1925 30198 SH DFND 01,02 30198 0 0 MEMORIAL RESOURCE DEV CORP COM 58605Q109 4458 183000 SH DFND 01,02 183000 0 0 MERCURY GENL CORP NEW COM 589400100 1341 28500 SH SOLE 28500 0 0 MORGANS HOTEL GROUP CO COM 61748W108 2694 339769 SH DFND 01,02 339769 0 0 NRG ENERGY INC COM NEW 629377508 19535 525130 SH DFND 01,02 525130 0 0 NRG YIELD INC COM CL A 62942X108 16397 315030 SH DFND 01,02 315030 0 0 NAVISTAR INTL CORP NEW COM 63934E108 9977 266200 SH DFND 01,02 266200 0 0 NEWCASTLE INVT CORP COM 65105M108 8428 1759549 SH DFND 01,02 1759549 0 0 NEWFIELD EXPL CO COM 651290108 13835 313000 SH DFND 01,02 313000 0 0 NEWS CORP NEW COM 65249B109 1076 60000 SH Call DFND 01,02 60000 0 0 NEXSTAR BROADCASTING GROUP I COM 65336K103 774 15000 SH Call DFND 01,02 15000 0 0 NIKE INC CL B 654106103 3102 40004 SH DFND 01,02 40004 0 0 NIKE INC COM 654106103 2714 35000 SH Call DFND 01,02 35000 0 0 NOKIA CORP SPONSORED ADR 654902204 18644 2466200 SH DFND 01,02 2466200 0 0 NOBLE ENERGY INC COM 655044105 5074 65500 SH DFND 01,02 65500 0 0 NUANCE COMMUNICATIONS INC COM 67020Y100 2599 138446 SH DFND 01,02 138446 0 0 NVIDIA CORP COM 67066G104 927 50000 SH Call DFND 01,02 50000 0 0 OGE ENERGY CORP COM 670837103 16725 427959 SH DFND 01,02 427959 0 0 OPENTABLE INC COM 68372A104 14504 140000 SH DFND 01,02 140000 0 0 OVASCIENCE INC COM 69014Q101 3877 422800 SH DFND 01,02 422800 0 0 PDC ENERGY INC COM 69327R101 9601 152035 SH DFND 01,02 152035 0 0 PPL CORP COM 69351T106 20542 578165 SH DFND 01,02 578165 0 0 PAN AMERICAN SILVER CORP COM 697900108 3838 250000 SH DFND 01,02 250000 0 0 PARSLEY ENERGY INC CL A 701877102 4814 200000 SH DFND 01,02 200000 0 0 PENNEY J C INC COM 708160106 8511 940400 SH Put DFND 01,02 940400 0 0 PINNACLE FOODS INC DEL COM 72348P104 2808 85349 SH DFND 01,02 85349 0 0 PORTOLA PHARMACEUTICALS INC COM 737010108 5836 200000 SH DFND 01 200000 0 0 POWERSHARES QQQ TRUST COM 73935A104 2817 30000 SH Call DFND 01,02 30000 0 0 POWERSECURE INTL INC COM 73936N105 1457 149541 SH DFND 01,02 149541 0 0 PROSHARES TR COM 74347B201 2732 45000 SH Call DFND 01,02 45000 0 0 PROSHARES TR PSHS ULTSH 20YRS 74347B201 6072 100000 SH DFND 01,02 100000 0 0 QEP RES INC COM 74733V100 14214 412000 SH DFND 01,02 412000 0 0 QUANTUM CORP COM DSSG 747906204 4413 3617574 SH DFND 01,02 3617574 0 0 QUESTCOR PHARMACEUTICALS INC COM 74835Y101 24843 268599 SH DFND 01,02 268599 0 0 REALOGY HLDGS CORP COM 75605Y106 3857 102269 SH DFND 01,02 102269 0 0 RELIANCE STEEL & ALUMINUM COM 759509102 557 7554 SH SOLE 7554 0 0 RITE AID CORP COM 767754104 19574 2730000 SH DFND 01,02 2730000 0 0 ROPER INDS INC NEW COM 776696106 2131 14596 SH DFND 01,02 14596 0 0 SPDR S&P 500 ETF TR COM 78462F103 146790 750000 SH Call DFND 01,02 750000 0 0 SPDR S&P 500 ETF TR COM 78462F103 9786 50000 SH Put DFND 01,02 50000 0 0 SPDR S&P 500 ETF TR TR UNIT 78462F103 30471 155689 SH DFND 01,02 155689 0 0 SPDR GOLD TRUST GOLD SHS 78463V107 12804 100000 SH DFND 01,02 100000 0 0 SPDR SERIES TRUST S&P RETAIL E 78464A714 2750 31678 SH DFND 01,02 31678 0 0 SPDR DOW JONES INDL AVRG ETF UT SER 1 78467X109 5005 29814 SH DFND 01,02 29814 0 0 SAFEWAY INC COM NEW 786514208 29532 860000 SH DFND 01,02 860000 0 0 SEARS HLDGS CORP COM 812350106 27924 698800 SH Put DFND 01,02 698800 0 0 SELECT SECTOR SPDR TR SBI MATERIALS 81369Y100 2482 50000 SH DFND 01 50000 0 0 SELECT SECTOR SPDR TR COM 81369Y308 3346 75000 SH Call DFND 01,02 75000 0 0 SELECT SECTOR SPDR TR COM 81369Y407 2670 40000 SH Call DFND 01,02 40000 0 0 SELECT SECTOR SPDR TR SBI INT-FINL 81369Y605 1256 55222 SH DFND 01,02 55222 0 0 SELECT SECTOR SPDR TR SBI INT-INDS 81369Y704 821 15181 SH DFND 01,02 15181 0 0 SELECT SECTOR SPDR TR SBI INT-UTILS 81369Y886 7967 180000 SH DFND 01 180000 0 0 SHIRE PLC SPONSORED ADR 82481R106 24962 106000 SH DFND 01,02 106000 0 0 SINCLAIR BROADCAST GROUP INC COM 829226109 2433 70000 SH Call DFND 01,02 70000 0 0 SPRINT CORP COM 85207U105 1279 150000 SH Call DFND 01,02 150000 0 0 STANLEY BLACK & DECKER INC COM 854502101 5208 59300 SH DFND 01,02 59300 0 0 STARZ COM 85571Q102 1802 60500 SH Call DFND 01,02 60500 0 0 SUNSHINE HEART INC COM 86782U106 521 93028 SH DFND 01,02 93028 0 0 T-MOBILE US INC COM 872590104 32371 962843 SH DFND 01,02 962843 0 0 TW TELECOM INC COM 87311L104 806 20000 SH Put DFND 01,02 20000 0 0 TEARLAB CORP COM 878193101 4870 1000000 SH DFND 01,02 1000000 0 0 TELEPHONE & DATA SYS INC COM NEW 879433829 3955 151486 SH DFND 01,02 151486 0 0 TEXTRON INC COM 883203101 9259 241806 SH DFND 01,02 241806 0 0 TIBCO SOFTWARE INC COM 88632Q103 1005 49826 SH DFND 01,02 49826 0 0 TIME WARNER CABLE INC COM 88732J207 2946 20000 SH Call DFND 01,02 20000 0 0 TRULIA INC COM 897888103 474 10000 SH Call DFND 01,02 10000 0 0 TWENTY FIRST CENTY FOX INC COM 90130A101 2636 75000 SH Call DFND 01,02 75000 0 0 USA TECHNOLOGIES INC COM NO PAR 90328S500 944 447190 SH DFND 01,02 447190 0 0 U S SILICA HLDGS INC COM 90346E103 1569 28305 SH DFND 01,02 28305 0 0 UNITED CONTL HLDGS INC COM 910047109 8875 216098 SH DFND 01,02 216098 0 0 UNITED STATES OIL FUND LP UNITS 91232N108 1944 50000 SH DFND 01 50000 0 0 UNITED STATES STL CORP NEW COM 912909108 260 10000 SH Put DFND 01 10000 0 0 UNITED TECHNOLOGIES CORP COM 913017109 4985 43178 SH DFND 01,02 43178 0 0 UNITEDHEALTH GROUP INC COM 91324P102 4608 56371 SH DFND 01,02 56371 0 0 UNIVERSAL HLTH SVCS INC CL B 913903100 6990 73000 SH DFND 01,02 73000 0 0 VODAFONE GROUP PLC NEW SPNSR ADR NO PAR 92857W308 15829 474067 SH DFND 01,02 474067 0 0 VOLCANO CORPORATION COM 928645100 4289 243553 SH DFND 01,02 243553 0 0 WALGREEN CO COM 931422109 5560 75000 SH DFND 01,02 75000 0 0 WALGREEN CO COM 931422109 1853 25000 SH Call DFND 01,02 25000 0 0 WELLCARE HEALTH PLANS INC COM 94946T106 11185 149806 SH DFND 01,02 149806 0 0 WET SEAL INC CL A 961840105 455 500483 SH DFND 01,02 500483 0 0 WEYERHAEUSER CO PREF CONV SER A 962166872 12769 225000 SH DFND 01,02 225000 0 0 ZIONS BANCORPORATION *W EXP 05/22/202 989701107 22490 763136 SH DFND 01,02 763136 0 0 ZYNGA INC CL A 98986T108 1602 499210 SH DFND 01,02 499210 0 0 ABENGOA YIELD PLC ORD SHS G00349103 7036 186044 SH DFND 01,02 186044 0 0 COVIDIEN PLC SHS G2554F113 7214 80000 SH DFND 01,02 80000 0 0 DELPHI AUTOMOTIVE PLC SHS G27823106 24468 355951 SH DFND 01,02 355951 0 0 ORIENT-EXPRESS HOTELS LTD CL A G67743107 11583 796617 SH DFND 01,02 796617 0 0 ROWAN COMPANIES PLC SHS CL A G7665A101 20108 629761 SH DFND 01,02 629761 0 0 FOSTER WHEELER AG COM H27178104 18415 540499 SH DFND 01,02 540499 0 0 INTELSAT S A COM L5140P101 1611 85500 SH DFND 01,02 85500 0 0 PACIFIC DRILLING SA LUXEMBOU REG SHS L7257P106 3238 323768 SH DFND 01,02 323768 0 0 LYONDELLBASELL INDUSTRIES N SHS - A - N53745100 24014 245924 SH DFND 01,02 245924 0 0 NORDIC AMERN OFFSHORE LTD SHS Y6366T112 4322 225953 SH DFND 01,02 225953 0 0 OCEAN RIG UDW INC SHS Y64354205 10819 571548 SH DFND 01,02 571548 0 0