13F-HR 1 troob13fhr-051206_1.txt MAY 12, 2006 FORM 13F UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 13F COVER PAGE Report for the Calendar Year or Quarter Ended: March 31, 2006 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: Troob Capital Management LLC Address: 777 Westchester Avenue, Suite 203 White Plains, New York 10604 13F File Number: 028-11213 The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing this 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: Douglas Troob Title: Managing Member Phone: (914) 694-5777 Signature, Place, and Date of Signing: /s/ Douglas Troob ---------------------- (Signature) White Plains, New York ---------------------- (City, State) May 12, 2006 ---------------------- (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. [ ] 13F COMBINATION REPORT. FORM 13F Summary Page Report Summary: Number of Other Included Managers: 0 Form 13F Information Table Entry Total: 26 Form 13F Information Table Value Total: $62,842 (thousands) List of Other Included Managers: None FORM 13F (SEC USE ONLY) QTR ENDED: 3/31/06 Name of Reporting Manager: Troob Capital Management LLC Item 8: Item 1: Item 2 : Item 3: Item 4: Item 5: Item 6: Item 7: Voting Authority Name of Issuer Title of Class CUSIP Fair Market Shares or Investment Managers (a) (b) (c) Number Value Principal Sh/ Put/ Discretion See Sole Shared None (X$1000) Amount Prn Call Instr.V Abitibi-Consolidated Inc COM 003924107 1,046 252,972 SH SOLE 252,972 AMR Corp COM 001765906 222 1,508 SH PUT SOLE 1,508 Ball Corp COM 005849856 273 976 SH PUT SOLE 976 BE Aerospace, Inc. COM 073302101 9,919 394,883 SH SOLE 394,883 Constar Intl Inc New COM 21036U107 368 110,611 SH SOLE 110,611 Crown Holdings Inc COM 228368106 10,081 568,274 SH SOLE 568,274 Dynegy Inc New CL A 26816Q101 2,987 622,211 SH SOLE 622,211 Select Sector SPDR TR SBI INT-ENERGY 81369Y506 37 934 SH PUT SOLE 934 Gap Inc Del COM 364760908 64 1,172 SH CALL SOLE 1,172 Grey Wolf Inc COM 397888108 6,239 838,599 SH SOLE 838,599 Hythiam Inc COM 44919F104 447 48,637 SH SOLE 48,637 Ishares Trust Russell 2000 464287655 345 4,542 SH SOLE 4,542 Ishares Trust Russell 2000 464287955 375 2,140 SH PUT SOLE 2,140 Lear Corp COM 521865955 90 419 SH PUT SOLE 419 NationsHealth Inc COM 63860C100 661 153,675 SH SOLE 153,675 NationsHealth Inc W EXP 8/24/07 63860C118 144 221,891 SH SOLE 221,891 Outdoor Channel Holdings Inc. COM NEW 690027206 94 9,238 SH SOLE 9,238 Owens-Illinois COM NEW 690768403 1,648 94,891 SH SOLE 94,891 Paxar Corp COM 704227107 5,535 282,812 SH SOLE 282,812 Terra Inds Inc. COM 880915103 2,212 313,708 SH SOLE 313,708 Time Warner Inc COM 887317905 14 206 SH CALL SOLE 206 UAL Corp COM NEW 902549807 6,435 161,162 SH SOLE 161,162 United Rentals Inc COM 911363959 4 184 SH PUT SOLE 184 United Rentals Inc COM 911363109 7,922 229,613 SH SOLE 229,613 Walgreen Co COM 931422959 455 2,046 SH CALL SOLE 2,046 Weyerhaeuser Co COM 962166104 5,225 72,140 SH SOLE 72,140 Value Total $62,842 Entry Total: 26