0001140361-15-031519.txt : 20150813 0001140361-15-031519.hdr.sgml : 20150813 20150813094021 ACCESSION NUMBER: 0001140361-15-031519 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20150630 FILED AS OF DATE: 20150813 DATE AS OF CHANGE: 20150813 EFFECTIVENESS DATE: 20150813 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Watershed Asset Management, L.L.C. CENTRAL INDEX KEY: 0001315926 IRS NUMBER: 300012121 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-11095 FILM NUMBER: 151049005 BUSINESS ADDRESS: STREET 1: ONE MARITIME PLAZA STREET 2: SUITE 1525 CITY: SAN FRANCISCO STATE: CA ZIP: 94111 BUSINESS PHONE: (415) 391-8900 MAIL ADDRESS: STREET 1: ONE MARITIME PLAZA STREET 2: SUITE 1525 CITY: SAN FRANCISCO STATE: CA ZIP: 94111 13F-HR 1 primary_doc.xml 13F-HR LIVE false true false 0001315926 XXXXXXXX 06-30-2015 06-30-2015 Watershed Asset Management, L.L.C.

ONE MARITIME PLAZA SUITE 1525 SAN FRANCISCO CA 94111

13F HOLDINGS REPORT 028-11095 N Meridee A. Moore 415-391-8900 /s/ Meridee A. Moore San Francisco CA 08-06-2015 1 23 324140 false 1 0001315928 028-11473 WS Partners, L.L.C. INFORMATION TABLE 2 form13fInfoTable.xml ALLY FINL INC COM 02005N100 8360 372699 SH OTR 372699 0 0 AMERICAN CAP LTD COM 02503Y103 8891 656185 SH OTR 656185 0 0 AMERICAN RLTY CAP PPTYS INC COM 02917T104 7861 966929 SH OTR 966929 0 0 ASCENT CAP GROUP INC NOTE 4.000% 7/1 043632AA6 5320 6210000 PRN OTR 6210000 0 0 COBALT INTL ENERGY INC COM 19075F106 2816 290000 SH Put OTR 290000 0 0 COBALT INTL ENERGY INC NOTE 3.125% 5/1 19075FAB2 6600 9000000 PRN OTR 9000000 0 0 CUMULUS MEDIA INC CL A 231082108 2507 1234906 SH OTR 1234906 0 0 CUSTOMERS BANCORP INC COM 23204G100 6981 259601 SH OTR 259601 0 0 ERICKSON INC COM 29482P100 998 229925 SH OTR 229925 0 0 EXTERRAN HLDGS INC COM 30225X103 5870 179800 SH OTR 179800 0 0 GRACE W R & CO DEL NEW COM 38388F108 6585 65657 SH OTR 65657 0 0 HORSEHEAD HLDG CORP COM 440694305 5369 458100 SH Put OTR 458100 0 0 HORSEHEAD HLDG CORP COM 440694305 4285 365645 SH OTR 365645 0 0 HORSEHEAD HLDG CORP NOTE 3.800% 7/0 440694AB3 12818 12300000 PRN OTR 12300000 0 0 INTERNATIONAL SPEEDWAY CORP CL A 460335201 5365 146301 SH OTR 146301 0 0 ISHARES IBOXX HI YD ETF 464288513 62782 707000 SH Put OTR 707000 0 0 ISHARES TR RUSSELL 2000 ETF 464287655 55987 448400 SH Put OTR 448400 0 0 LPL FINL HLDGS INC COM 50212V100 6662 143304 SH OTR 143304 0 0 NORTEK INC COM NEW 656559309 6862 82544 SH OTR 82544 0 0 OUTFRONT MEDIA INC COM 69007J106 2263 89663 SH OTR 89663 0 0 PLY GEM HLDGS INC COM 72941W100 3551 301197 SH OTR 301197 0 0 SPDR S&P 500 ETF TR TR UNIT 78462F103 74785 363300 SH Put OTR 363300 0 0 UTI WORLDWIDE INC NOTE 4.500% 3/0 90349LAB0 20622 19805000 PRN OTR 19805000 0 0