13F-HR 1 sag2q11.txt FORM 13F HOLDINGS REPORT UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F Form 13F COVER PAGE Report for the Calendar Year or Quarter Ended: June 30, 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: Sage Asset Management, LP Address: 500 Fifth Avenue Suite 930 New York, NY 10110 13F File Number: 028-05821 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: Barry G. Haimes Title: Co-Portfolio Manager Phone: (212) 521-0908 Signature, Place, and Date of Signing: /s/ Barry G. Haimes New York, NY August 12, 2011 Report Type (Check only one.): [ X] 13F HOLDINGS REPORT. [ ] 13F NOTICE. [ ] 13F COMBINATION REPORT. FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 Form 13F Information Table Entry Total: 42 Form 13F Information Table Value Total: $117,441 (thousands) List of Other Included Managers: Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional managers with respect to which this report is filed, other than the manager filing this report. NONE FORM 13F INFORMATION TABLE VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- 3SBIO INC SPONSORED ADR 88575Y105 1823 104605 SH SOLE 104605 0 0 ACCURIDE CORP NEW COM NEW 00439T206 4369 345900 SH SOLE 345900 0 0 APPLE INC COM 037833100 2400 7150 SH SOLE 7150 0 0 BANK OF AMERICA CORPORATION COM 060505104 3288 300000 SH PUT SOLE 300000 0 0 BOISE INC COM 09746Y105 7812 1002849 SH SOLE 1002849 0 0 CABOT CORP COM 127055101 2655 66600 SH SOLE 66600 0 0 CELADON GROUP INC COM 150838100 4716 337800 SH SOLE 337800 0 0 CF INDS HLDGS INC COM 125269100 2833 20000 SH CALL SOLE 20000 0 0 COMMERCIAL VEH GROUP INC COM 202608105 3733 263100 SH SOLE 263100 0 0 DEERE & CO COM 244199105 2614 31700 SH SOLE 31700 0 0 DELTA AIR LINES INC DEL COM NEW 247361702 1527 166500 SH SOLE 166500 0 0 DENDREON CORP COM 24823Q107 1708 43300 SH SOLE 43300 0 0 DOW CHEM CO COM 260543103 3600 100000 SH CALL SOLE 100000 0 0 EASTMAN CHEM CO COM 277432100 3021 29600 SH SOLE 29600 0 0 EATON CORP COM 278058102 2866 55700 SH SOLE 55700 0 0 EATON CORP COM 278058102 5660 110000 SH CALL SOLE 110000 0 0 EGA EMERGING GLOBAL SHS TR EM GLB SHS IND 268461811 1731 88142 SH SOLE 88142 0 0 GOOGLE INC CL A 38259P508 3798 7500 SH CALL SOLE 7500 0 0 HARDINGE INC COM 412324303 1467 134431 SH SOLE 134431 0 0 HUNT J B TRANS SVCS INC COM 445658107 2595 55100 SH SOLE 55100 0 0 INDIA GLOBALIZATION CAP INC COM 45408X100 597 1570797 SH SOLE 1570797 0 0 INTERNATIONAL BUSINESS MACHS COM 459200101 10293 60000 SH PUT SOLE 60000 0 0 ISHARES TR FTSE CHINA25 IDX 464287184 4295 100000 SH CALL SOLE 100000 0 0 KANSAS CITY SOUTHERN COM NEW 485170302 2278 38400 SH SOLE 38400 0 0 LINCOLN ELEC HLDGS INC COM 533900106 1233 34400 SH SOLE 34400 0 0 LYONDELLBASELL INDUSTRIES N SHS - A - N53745100 3378 87700 SH SOLE 87700 0 0 MERITOR INC COM 59001K100 3218 200600 SH SOLE 200600 0 0 MOSAIC CO NEW COM 61945C103 1490 22000 SH SOLE 22000 0 0 MYLAN INC COM 628530107 3039 123200 SH SOLE 123200 0 0 NATIONAL OILWELL VARCO INC COM 637071101 657 8400 SH SOLE 8400 0 0 ORACLE CORP COM 68389X105 2633 80000 SH CALL SOLE 80000 0 0 PATTERSON UTI ENERGY INC COM 703481101 4109 130000 SH CALL SOLE 130000 0 0 PRICELINE COM INC COM NEW 741503403 1536 3000 SH SOLE 3000 0 0 QUALCOMM INC COM 747525103 1800 31700 SH SOLE 31700 0 0 QUALITY DISTR INC FLA COM 74756M102 1527 117300 SH SOLE 117300 0 0 ROSETTA RESOURCES INC COM 777779307 2788 54100 SH SOLE 54100 0 0 RUSH ENTERPRISES INC CL A 781846209 1226 64400 SH SOLE 64400 0 0 SALESFORCE COM INC COM 79466L302 1892 12700 SH SOLE 12700 0 0 STARBUCKS CORP COM 855244109 1311 33200 SH SOLE 33200 0 0 TIMKEN CO COM 887389104 2016 40000 SH CALL SOLE 40000 0 0 TPC GROUP INC COM 89236Y104 1216 31000 SH SOLE 31000 0 0 WORTHINGTON INDS INC COM 981811102 693 30000 SH CALL SOLE 30000 0 0