0000905148-12-001945.txt : 20121114 0000905148-12-001945.hdr.sgml : 20121114 20121114160850 ACCESSION NUMBER: 0000905148-12-001945 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20120930 FILED AS OF DATE: 20121114 DATE AS OF CHANGE: 20121114 EFFECTIVENESS DATE: 20121114 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CHESAPEAKE PARTNERS MANAGEMENT CO INC/MD CENTRAL INDEX KEY: 0000919165 IRS NUMBER: 521745745 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-04120 FILM NUMBER: 121204524 BUSINESS ADDRESS: STREET 1: 2800 QUARRY LAKE DRIVE STREET 2: SUITE 300 CITY: BALTIMORE STATE: MD ZIP: 21209 BUSINESS PHONE: 4106020195 MAIL ADDRESS: STREET 1: 2800 QUARRY LAKE DRIVE STREET 2: SUITE 300 CITY: BALTIMORE STATE: MD ZIP: 21209 13F-HR 1 efc12-770_fm13fhr.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 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 holdings entries Institutional Investment Manager Filing this Report: Name: Chesapeake Partners Management Co., Inc. Address: 2800 Quarry Lake Drive Suite 300 Baltimore, Maryland 21209 Form 13F File Number: 28-04120 -------- 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: Mark D. Lerner Title: Vice President Phone: 410-602-0195 Signature, Place and Date of Signing: /s/ Mark D. Lerner Baltimore, Maryland 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 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).) Form 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 1 -------------- Form 13F Information Table Entry Total: 89 -------------- Form 13F Information Table Value Total: $1,615,325 -------------- (In Thousands) List of Other Included Managers: Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report. No. Form 13F File Number Name 1 028-14848 C P Management, L.L.C.
CHESAPEAKE PARTNERS MANAGEMENT CO., INC. FORM 13F INFORMATION TABLE QUARTER ENDED SEPTEMBER 30, 2012 -------------------------------------------------------------------------------------------------------------------------------- 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 -------------------------------------------------------------------------------------------------------------------------------- AGRIUM INC COM 008916108 229 2,212 SH DEFINED 1 2,212 AMERICAN INTL GROUP INC COM NEW 026874784 4,099 125,000 SH DEFINED 1 125,000 AMERICAN INTL GROUP INC COM NEW 026874784 27,872 850,000 SH CALL DEFINED 1 850,000 AMERICAN RLTY CAP TR INC COM 02917L101 19,860 1,691,659 SH DEFINED 1 1,691,659 APPLE INC COM 037833100 59,697 89,487 SH DEFINED 1 89,487 ARCELORMITTAL SA LUXEMBOURG NY REGISTRY SH 03938L104 7,301 505,610 SH DEFINED 1 505,610 ARCELORMITTAL SA LUXEMBOURG NY REGISTRY SH 03938L104 3,610 250,000 SH CALL DEFINED 1 250,000 BANK OF AMERICA CORPORATION COM 060505104 8,830 1,000,000 SH DEFINED 1 1,000,000 BARNES & NOBLE INC COM 067774109 19,335 1,512,912 SH DEFINED 1 1,512,912 CAPITAL ONE FINL CORP COM 14040H105 49,348 865,604 SH DEFINED 1 865,604 CHENIERE ENERGY INC COM NEW 16411R208 24,100 1,551,836 SH DEFINED 1 1,551,836 CHENIERE ENERGY INC COM NEW 16411R208 7,765 500,000 SH CALL DEFINED 1 500,000 CITIGROUP INC COM NEW 172967424 49,273 1,505,886 SH DEFINED 1 1,505,886 CLEARWIRE CORP NEW CL A 18538Q105 44,055 32,876,554 SH DEFINED 1 32,876,554 COLLECTIVE BRANDS INC COM 19421W100 23,657 1,089,694 SH DEFINED 1 1,089,694 COOPER INDUSTRIES PLC SHS G24140108 23,794 316,994 SH DEFINED 1 316,994 CORRECTIONS CORP OF AMER NEW COM NEW 22025Y407 7,212 215,593 SH DEFINED 1 215,593 COVENTRY HEALTH CARE INC COM 222862104 2,025 48,579 SH DEFINED 1 48,579 DIGITALGLOBE INC COM NEW 25389M877 7,214 353,791 SH DEFINED 1 353,791 DOLLAR THRIFTY AUTOMOTIVE GP COM 256743105 37,935 436,390 SH DEFINED 1 436,390 DST SYS INC DEL COM 233326107 30,953 547,253 SH DEFINED 1 547,253 DUN & BRADSTREET CORP DEL NE COM 26483E100 10,749 135,000 SH DEFINED 1 135,000 E TRADE FINANCIAL CORP COM NEW 269246401 4,578 520,200 SH DEFINED 1 520,200 E TRADE FINANCIAL CORP COM NEW 269246401 2,200 250,000 SH CALL DEFINED 1 250,000 EASTMAN CHEM CO COM 277432100 23,908 419,369 SH DEFINED 1 419,369 FACEBOOK INC CL A 30303M102 6,605 304,922 SH DEFINED 1 304,922 FORD MTR CO DEL COM PAR $0.01 345370860 24,531 2,487,896 SH DEFINED 1 2,487,896 FORD MTR CO DEL *W EXP 01/01/201 345370134 1,233 1,196,900 SH DEFINED 1 1,196,900 FORD MTR CO DEL COM PAR $0.01 345370860 14,790 1,500,000 SH CALL DEFINED 1 1,500,000 GAYLORD ENTMT CO NEW COM 367905106 28,257 714,834 SH DEFINED 1 714,834 GEO GROUP INC COM 36159R103 8,268 298,823 SH DEFINED 1 298,823 GEORGIA GULF CORP COM PAR $0.01 NEW 373200302 10,539 290,963 SH DEFINED 1 290,963 HERTZ GLOBAL HOLDINGS INC COM 42805T105 42,659 3,106,966 SH DEFINED 1 3,106,966 HERTZ GLOBAL HOLDINGS INC COM 42805T105 13,730 1,000,000 SH CALL DEFINED 1 1,000,000 HILLSHIRE BRANDS CO COM 432589109 5,541 206,919 SH DEFINED 1 206,919 JPMORGAN CHASE & CO COM 46625H100 65,369 1,614,838 SH DEFINED 1 1,614,838 KINDER MORGAN INC DEL *W EXP 05/25/201 49456B119 1,176 336,944 SH DEFINED 1 336,944 KRAFT FOODS INC CL A 50075N104 23,996 580,310 SH DEFINED 1 580,310 KRAFT FOODS INC CL A 50075N104 25,885 626,000 SH CALL DEFINED 1 626,000 LAS VEGAS SANDS CORP COM 517834107 26,890 579,895 SH DEFINED 1 579,895 LEAR CORP COM NEW 521865204 42,751 1,131,272 SH DEFINED 1 1,131,272 LEGG MASON INC COM 524901105 4,265 172,800 SH CALL DEFINED 1 172,800 LYONDELLBASELL INDUSTRIES N SHS - A - N53745100 57,569 1,114,386 SH DEFINED 1 1,114,386 MARATHON PETE CORP COM 56585A102 1,660 30,400 SH DEFINED 1 30,400 MASCO CORP COM 574599106 3,763 250,000 SH CALL DEFINED 1 250,000 MGM RESORTS INTERNATIONAL COM 552953101 26,582 2,472,705 SH DEFINED 1 2,472,705 MGM RESORTS INTERNATIONAL NOTE 4.250% 4/1 55303QAE0 532 500,000 PRN DEFINED 1 NONE MICROSOFT CORP COM 594918104 15,088 507,006 SH DEFINED 1 507,006 MICROSOFT CORP COM 594918104 29,760 1,000,000 SH CALL DEFINED 1 1,000,000 MORGAN STANLEY COM NEW 617446448 941 56,200 SH DEFINED 1 56,200 MORGAN STANLEY COM NEW 617446448 4,185 250,000 SH CALL DEFINED 1 250,000 MOSAIC CO NEW COM 61945C103 33,501 581,515 SH DEFINED 1 581,515 NEW YORK TIMES CO CL A 650111107 2,043 209,334 SH DEFINED 1 209,334 NEW YORK TIMES CO CL A 650111107 488 50,000 SH CALL DEFINED 1 50,000 NEXEN INC COM 65334H102 49,787 1,964,748 SH DEFINED 1 1,964,748 OCCIDENTAL PETE CORP DEL COM 674599105 861 10,000 SH DEFINED 1 10,000 OCH ZIFF CAP MGMT GROUP CL A 67551U105 8,315 860,815 SH DEFINED 1 860,815 ON ASSIGNMENT INC COM 682159108 12,004 602,613 SH DEFINED 1 602,613 ORACLE CORP COM 68389X105 13,654 434,000 SH DEFINED 1 434,000 ORIENT-EXPRESS HOTELS LTD CL A G67743107 12,735 1,430,887 SH DEFINED 1 1,430,887 OWENS CORNING NEW COM 690742101 33,335 996,264 SH DEFINED 1 996,264 PENN NATL GAMING INC COM 707569109 10,136 235,062 SH DEFINED 1 235,062 PHH CORP COM NEW 693320202 1,086 53,347 SH DEFINED 1 53,347 POTASH CORP SASK INC COM 73755L107 22,314 513,914 SH DEFINED 1 513,914 REXNORD CORP NEW COM 76169B102 5,969 327,633 SH DEFINED 1 327,633 ROCK-TENN CO CL A 772739207 56,041 776,405 SH DEFINED 1 776,405 SAKS INC COM 79377W108 6,844 663,833 SH DEFINED 1 663,833 SANOFI RIGHT 12/31/2020 80105N113 3,207 1,909,038 SH DEFINED 1 1,909,038 SAVIENT PHARMACEUTICALS INC COM 80517Q100 2,058 823,242 SH DEFINED 1 823,242 SEALED AIR CORP NEW COM 81211K100 8,561 553,746 SH DEFINED 1 553,746 SHAW GROUP INC COM 820280105 4,357 99,893 SH DEFINED 1 99,893 SHAW GROUP INC COM 820280105 5,453 125,000 SH CALL DEFINED 1 125,000 SOTHEBYS COM 835898107 21,850 693,646 SH DEFINED 1 693,646 SPRINT NEXTEL CORP COM SER 1 852061100 5,520 1,000,000 SH DEFINED 1 1,000,000 SPRINT NEXTEL CORP COM SER 1 852061100 5,520 1,000,000 SH CALL DEFINED 1 1,000,000 SUNRISE SENIOR LIVING INC COM 86768K106 1,427 100,000 SH DEFINED 1 100,000 TENNECO INC COM 880349105 24,487 874,544 SH DEFINED 1 874,544 THERAVANCE INC COM 88338T104 83,567 3,225,291 SH DEFINED 1 3,225,291 THERAVANCE INC NOTE 3.000% 1/1 88338TAA2 6,006 5,000,000 PRN DEFINED 1 NONE TPC GROUP INC COM 89236Y104 4,489 110,000 SH DEFINED 1 110,000 TRANSOCEAN LTD REG SHS H8817H100 2,281 50,824 SH DEFINED 1 50,824 TRW AUTOMOTIVE HLDGS CORP COM 87264S106 24,134 552,148 SH DEFINED 1 552,148 UNITED RENTALS INC COM 911363109 23,687 724,158 SH DEFINED 1 724,158 U S G CORP COM NEW 903293405 14,245 648,960 SH DEFINED 1 648,960 VALEANT PHARMACEUTICALS INTL COM 91911K102 3,354 60,692 SH DEFINED 1 60,692 VENOCO INC COM 92275P307 1,782 150,000 SH DEFINED 1 150,000 VIACOM INC NEW CL B 92553P201 43,001 802,400 SH DEFINED 1 802,400 VULCAN MATLS CO COM 929160109 65,845 1,392,076 SH DEFINED 1 1,392,076 WHITING PETE CORP NEW COM 966387102 5,217 110,103 SH DEFINED 1 110,103