13F-HR 1 continentaladvisorsllc0331.txt Q1 2013 13F UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F FORM 13F COVER PAGE Report for the Calendar Year or Quarter Ended: Mar 31, 2013 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 : Continental Advisors LLC Address : 227 West Monroe Street, Suite 5050 Chicago, Illinois 60606 13F File Number : 28-10837 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 : David P. Purcell Title : Managing Partner Phone : (312) 377-3777 David P. Purcell Chicago, IL May 13, 2013 ------------------------- -------------------- -------------------- [Signature] [City, State] [Date] Report Type (Check only one.) : [ X ] 13F HOLDINGS REPORT. [ ] 13F NOTICE. [ ] 13F COMBINATION REPORT. I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE ACT OF 1934 List of other Managers Reporting for this Manager : Form 13F File Number Name FORM 13F SUMMARY PAGE Report Summary : Number of Other Included Managers : 0 Form 13F Information Table Entry Total : 116 Form 13F Information Table Value Total : 385,549 (thousands) List of other Included Managers : NONE FORM 13F INFORMATION TABLE
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 --------------------------- ---------------- --------- ------- -------- --- ---- -------- ------------ --------- --------- -------- VALUE X SHRS OR SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP ($1000) PRN AMT PRN CALL DSCRETN MANAGER SOLE SHARED NONE --------------------------- ---------------- --------- ------- -------- --- ---- -------- ------------ --------- --------- -------- ACI WORLDWIDE INC COM 004498101 733 15000 SH PUT SOLE 15000 0 0 ADDUS HOMECARE CORP COM 006739106 1047 79363 SH SOLE 79363 0 0 ALLIANCE DATA SYSTEMS CORP COM 018581108 1619 10000 SH PUT SOLE 10000 0 0 ALLSCRIPTS HEALTHCARE SOLUT COM 01988P108 136 10000 SH CALL SOLE 10000 0 0 ALLSCRIPTS HEALTHCARE SOLUT COM 01988P108 809 59523 SH SOLE 59523 0 0 ANGLOGOLD ASHANTI LTD SPONSORED ADR 035128206 436 18500 SH SOLE 18500 0 0 APOLLO GROUP INC CL A 037604105 435 25000 SH SOLE 25000 0 0 APOLLO GROUP INC CL A 037604105 1347 77500 SH CALL SOLE 77500 0 0 ASTRAZENECA PLC SPONSORED ADR 046353108 625 12500 SH PUT SOLE 12500 0 0 ASTRAZENECA PLC SPONSORED ADR 046353108 1749 35000 SH SOLE 35000 0 0 BANK NEW YORK MELLON CORP COM 064058100 4290 153265 SH SOLE 153265 0 0 BANK OF AMERICA CORPORATION COM 060505104 3054 250700 SH CALL SOLE 250700 0 0 BARRICK GOLD CORP COM 067901108 506 17200 SH SOLE 17200 0 0 BOSTON SCIENTIFIC CORP COM 101137107 574 73500 SH CALL SOLE 73500 0 0 BOSTON SCIENTIFIC CORP COM 101137107 2455 314300 SH SOLE 314300 0 0 BRISTOL MYERS SQUIBB CO COM 110122108 1236 30000 SH SOLE 30000 0 0 CARDINAL HEALTH INC COM 14149Y108 1665 40000 SH CALL SOLE 40000 0 0 CARDINAL HEALTH INC COM 14149Y108 4474 107500 SH SOLE 107500 0 0 CASH AMER INTL INC COM 14754D100 5202 99145 SH SOLE 99145 0 0 CATAMARAN CORP COM 148887102 944 17800 SH PUT SOLE 17800 0 0 CELGENE CORP COM 151020104 2898 25000 SH PUT SOLE 25000 0 0 CROSS CTRY HEALTHCARE INC COM 227483104 658 123955 SH SOLE 123955 0 0 CUTERA INC COM 232109108 660 50745 SH SOLE 50745 0 0 DAVITA HEALTHCARE PARTNERS COM 23918K108 2372 20000 SH PUT SOLE 20000 0 0 DENTSPLY INTL INC NEW COM 249030107 1528 36000 SH CALL SOLE 36000 0 0 DENTSPLY INTL INC NEW COM 249030107 2071 48800 SH SOLE 48800 0 0 DFC GLOBAL CORP COM 23324T107 3568 214400 SH CALL SOLE 214400 0 0 DFC GLOBAL CORP COM 23324T107 5711 343227 SH SOLE 343227 0 0 EATON CORP PLC SHS G29183103 243 3969 SH SOLE 3969 0 0 FEDERATED INVS INC PA CL B 314211103 4074 172100 SH SOLE 172100 0 0 FIDELITY NATIONAL FINANCIAL CL A 31620R105 252 10000 SH SOLE 10000 0 0 FIDELITY NATIONAL FINANCIAL CL A 31620R105 505 20000 SH PUT SOLE 20000 0 0 FIRST BANCORP N C COM 318910106 2239 165968 SH SOLE 165968 0 0 FIRST CASH FINL SVCS INC COM 31942D107 1108 19000 SH PUT SOLE 19000 0 0 FIRST NIAGARA FINL GP INC COM 33582V108 19 2200 SH CALL SOLE 2200 0 0 FIRST NIAGARA FINL GP INC COM 33582V108 2481 280000 SH SOLE 280000 0 0 GENWORTH FINL INC COM CL A 37247D106 1052 105200 SH CALL SOLE 105200 0 0 GENWORTH FINL INC COM CL A 37247D106 6846 684614 SH SOLE 684614 0 0 GOLDMAN SACHS GROUP INC COM 38141G104 6798 46200 SH SOLE 46200 0 0 GOLDMAN SACHS GROUP INC COM 38141G104 7358 50000 SH CALL SOLE 50000 0 0 HOSPIRA INC COM 441060100 328 10000 SH CALL SOLE 10000 0 0 HOSPIRA INC COM 441060100 2541 77400 SH SOLE 77400 0 0 INTERACTIVE BROKERS GROUP I COM 45841N107 6722 450839 SH SOLE 450839 0 0 INVACARE CORP COM 461203101 1133 86815 SH SOLE 86815 0 0 ISHARES TR BARCLYS 7-10 YR 464287440 8941 83300 SH PUT SOLE 83300 0 0 ISHARES TR RUSSELL 2000 464287655 2833 30000 SH CALL SOLE 30000 0 0 ISHARES TR RUSSELL 2000 464287655 20302 215000 SH PUT SOLE 215000 0 0 ITT EDUCATIONAL SERVICES IN COM 45068B109 372 27000 SH SOLE 27000 0 0 ITT EDUCATIONAL SERVICES IN COM 45068B109 689 50000 SH CALL SOLE 50000 0 0 JOHNSON & JOHNSON COM 478160104 2792 34250 SH SOLE 34250 0 0 JOHNSON & JOHNSON COM 478160104 4077 50000 SH CALL SOLE 50000 0 0 JPMORGAN CHASE & CO *W EXP 10/28/201 46634E114 2129 149385 SH SOLE 149385 0 0 JPMORGAN CHASE & CO COM 46625H100 5695 120000 SH CALL SOLE 120000 0 0 JPMORGAN CHASE & CO COM 46625H100 6373 134288 SH SOLE 134288 0 0 JTH HLDG INC CL A 46637N103 665 42121 SH SOLE 42121 0 0 KIMBERLY CLARK CORP COM 494368103 204 2085 SH SOLE 2085 0 0 KINDRED HEALTHCARE INC COM 494580103 997 94700 SH SOLE 94700 0 0 LEGG MASON INC COM 524901105 2733 85000 SH CALL SOLE 85000 0 0 LEGG MASON INC COM 524901105 6075 188949 SH SOLE 188949 0 0 LEMAITRE VASCULAR INC COM 525558201 526 84900 SH SOLE 84900 0 0 LENDER PROCESSING SVCS INC COM 52602E102 5976 234725 SH SOLE 234725 0 0 LIFE TIME FITNESS INC COM 53217R207 856 20000 SH SOLE 20000 0 0 MARKET LEADER INC COM 57056R103 5008 558887 SH SOLE 558887 0 0 MARKET VECTORS ETF TR GOLD MINER ETF 57060U100 757 20000 SH CALL SOLE 20000 0 0 MARKET VECTORS ETF TR GOLD MINER ETF 57060U100 787 20800 SH SOLE 20800 0 0 MATTEL INC COM 577081102 224 5119 SH SOLE 5119 0 0 MCDONALDS CORP COM 580135101 206 2070 SH SOLE 2070 0 0 MEDTRONIC INC COM 585055106 1907 40600 SH CALL SOLE 40600 0 0 MEDTRONIC INC COM 585055106 3206 68277 SH SOLE 68277 0 0 MERCK & CO INC NEW COM 58933Y105 1105 25000 SH PUT SOLE 25000 0 0 MERCK & CO INC NEW COM 58933Y105 2210 50000 SH CALL SOLE 50000 0 0 MERCK & CO INC NEW COM 58933Y105 5691 128664 SH SOLE 128664 0 0 META FINL GROUP INC COM 59100U108 5780 217945 SH SOLE 217945 0 0 MOLSON COORS BREWING CO CL B 60871R209 203 4146 SH SOLE 4146 0 0 MWI VETERINARY SUPPLY INC COM 55402X105 807 6100 SH PUT SOLE 6100 0 0 NETSPEND HLDGS INC COM 64118V106 652 41032 SH SOLE 41032 0 0 NUVASIVE INC COM 670704105 1219 57210 SH SOLE 57210 0 0 NXSTAGE MEDICAL INC COM 67072V103 1026 90964 SH SOLE 90964 0 0 PATTERSON COMPANIES INC COM 703395103 3331 87564 SH SOLE 87564 0 0 PFIZER INC COM 717081103 1443 50000 SH PUT SOLE 50000 0 0 PFIZER INC COM 717081103 6402 221817 SH SOLE 221817 0 0 PHARMERICA CORP COM 71714F104 1509 107787 SH SOLE 107787 0 0 PULASKI FINL CORP COM 745548107 1048 99194 SH SOLE 99194 0 0 QUEST DIAGNOSTICS INC COM 74834L100 1270 22500 SH SOLE 22500 0 0 RESMED INC COM 761152107 695 15000 SH PUT SOLE 15000 0 0 RIVERVIEW BANCORP INC COM 769397100 1053 398942 SH SOLE 398942 0 0 SELECT SECTOR SPDR TR SBI HEALTHCARE 81369Y209 25535 555000 SH PUT SOLE 555000 0 0 SELECT SECTOR SPDR TR SBI INT-FINL 81369Y605 9833 540000 SH CALL SOLE 540000 0 0 SPDR S&P 500 ETF TR TR UNIT 78462F103 59535 380000 SH PUT SOLE 380000 0 0 STAPLES INC COM 855030102 799 59571 SH SOLE 59571 0 0 STATE STR CORP COM 857477103 1773 30000 SH CALL SOLE 30000 0 0 STATE STR CORP COM 857477103 1773 30000 SH PUT SOLE 30000 0 0 STATE STR CORP COM 857477103 2138 36177 SH SOLE 36177 0 0 STRYKER CORP COM 863667101 1305 20000 SH SOLE 20000 0 0 SUNTRUST BKS INC COM 867914103 3160 109700 SH CALL SOLE 109700 0 0 SUNTRUST BKS INC COM 867914103 4123 143100 SH SOLE 143100 0 0 SWISHER HYGIENE INC COM 870808102 629 494973 SH SOLE 494973 0 0 TEVA PHARMACEUTICAL INDS LT ADR 881624209 1758 44300 SH SOLE 44300 0 0 TEVA PHARMACEUTICAL INDS LT ADR 881624209 5448 137300 SH CALL SOLE 137300 0 0 VCA ANTECH INC COM 918194101 2649 112791 SH SOLE 112791 0 0 VERIZON COMMUNICATIONS INC COM 92343V104 205 4166 SH SOLE 4166 0 0 WALGREEN CO COM 931422109 4053 85000 SH PUT SOLE 85000 0 0 WALGREEN CO COM 931422109 4960 104029 SH SOLE 104029 0 0 WEBMD HEALTH CORP COM 94770V102 4351 178892 SH SOLE 178892 0 0 WELLPOINT INC COM 94973V107 1325 20000 SH SOLE 20000 0 0 WELLPOINT INC COM 94973V107 1325 20000 SH PUT SOLE 20000 0 0 WELLPOINT INC COM 94973V107 2649 40000 SH CALL SOLE 40000 0 0 WELLS FARGO & CO NEW *W EXP 10/28/201 949746119 1530 127900 SH SOLE 127900 0 0 WELLS FARGO & CO NEW COM 949746101 3616 97761 SH SOLE 97761 0 0 WELLS FARGO & CO NEW COM 949746101 7383 199600 SH CALL SOLE 199600 0 0 WESTAMERICA BANCORPORATION COM 957090103 548 12100 SH PUT SOLE 12100 0 0 WESTERN UN CO COM 959802109 5468 363538 SH SOLE 363538 0 0 WESTERN UN CO COM 959802109 8583 570700 SH CALL SOLE 570700 0 0 WORLD ENERGY SOLUTIONS INC COM NEW 98145W208 923 210474 SH SOLE 210474 0 0 ZELTIQ AESTHETICS INC COM 98933Q108 583 152719 SH SOLE 152719 0 0 ZIMMER HLDGS INC COM 98956P102 1316 17500 SH SOLE 17500 0 0