0001317613-11-000009.txt : 20110516
0001317613-11-000009.hdr.sgml : 20110516
20110516105659
ACCESSION NUMBER: 0001317613-11-000009
CONFORMED SUBMISSION TYPE: 13F-HR
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20110331
FILED AS OF DATE: 20110516
DATE AS OF CHANGE: 20110516
EFFECTIVENESS DATE: 20110516
FILER:
COMPANY DATA:
COMPANY CONFORMED NAME: ADAR Investment Management LLC
CENTRAL INDEX KEY: 0001317613
IRS NUMBER: 200898440
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 13F-HR
SEC ACT: 1934 Act
SEC FILE NUMBER: 028-11211
FILM NUMBER: 11844203
BUSINESS ADDRESS:
STREET 1: 156 WEST 56TH STREET, SUITE 801
CITY: NEW YORK
STATE: NY
ZIP: 10019
BUSINESS PHONE: (212) 373-8930
MAIL ADDRESS:
STREET 1: 156 WEST 56TH STREET, SUITE 801
CITY: NEW YORK
STATE: NY
ZIP: 10019
13F-HR
1
adar_13f20110331.txt
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:
March 31, 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: ADAR Investment Management LLC
Address: 156 West 56th Street, Suite 801
New York, New York 10019
Form 13F File Number: 028-11211
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: Aaron Morse
Title: Chief Operating Officer
Phone: (212) 373-8900
Signature, Place, and Date of Signing:
/s/ Aaron Morse New York, New York May 16, 2011
--------------- ------------------ ------------------
[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 is reported in this
report and a portion is reported by other reporting
manager(s).)
FORM 13 F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 39
Form 13F Information Table Value Total: $172,536 (thousands)
List of Other Included Managers:
FORM 13F INFORMATION TABLE Name of Reporting Manager: ADAR Investment Management LLC
For Quarter Ended: March 31, 2011 Item 8:
Item 1: Item 2: Item 3: Item 4: Item 5: Item 6: Item 7: Voting Authority
Name of Title of CUSIP Fair Shares Sh/ Put/ Inv. Other (a) (b) (c)
Issuer Class Number Market or Prn Call Discr. Mgrs Sole SharedNone
Value Principal
(X$1000) Amount
ACE LTD SHS H0023R105 2,869 44,345 SH SOLE 44,345
BLACKROCK KELSO CAPITAL C COM 092533108 506 50,000 SH SOLE 50,000
CAPITAL ONE FINL CORP COM 14040H105 5,923 113,999 SH SOLE 113,999
CREXUS INVT CORP COM 226553105 5,269 461,420 SH SOLE 461,420
DYNEX CAP INC COM 26817Q506 503 50,000 SH SOLE 50,000
EQUINIX INC COM 29444U502 11,075 121,573 SH SOLE 121,573
EATON VANCE LTD DUR INCOM COM 27828H105 487 30,500 SH SOLE 30,500
FAIRPOINT COMMUNICATIONS COM 305560302 1,097 65,000 SH SOLE 65,000
FOREST OIL CORP COM PAR $0.01 346091705 11,960 316,160 SH SOLE 316,160
GAIN CAP HLDGS INC COM 36268W100 2,277 296,832 SH SOLE 296,832
HYATT HOTELS CORP COM CL A 448579952 355 30,000 SH Put SOLE 30,000
JPMORGAN CHASE & CO COM 46625H100 11,049 239,668 SH SOLE 239,668
KANSAS CITY SOUTHERN COM 485170302 3,817 70,092 SH SOLE 70,092
LAS VEGAS SANDS CORP COM 517834107 10,116 239,612 SH SOLE 239,612
MARRIOTT INTL INC NEW CL A 571903202 2,568 72,188 SH SOLE 72,188
MASSEY ENERGY COMPANY COM 576206106 6,148 89,933 SH SOLE 89,933
MEDLEY CAP CORP COM 58503F106 2,201 180,720 SH SOLE 180,720
METLIFE INC COM 59156R108 6,941 155,166 SH SOLE 155,166
MGIC INVT CORP WIS COM 552848103 2,764 310,900 SH SOLE 310,900
NATIONAL CINEMEDIA INC COM 635309107 1,494 80,000 SH SOLE 80,000
NCR CORP NEW COM 62886E108 942 50,000 SH SOLE 50,000
NOVELL INC COM 670006105 2,372 400,000 SH SOLE 400,000
OMNICOM GROUP INC COM 681919106 1,401 28,548 SH SOLE 28,548
PENN NATL GAMING INC COM 707569109 3,600 97,151 SH SOLE 97,151
PLAINS EXPL& PRODTN CO COM 726505100 11,123 307,003 SH SOLE 307,003
RADIAN GROUP INC COM 750236101 3,483 511,400 SH SOLE 511,400
SAVVIS INC COM 805423308 7,457 201,044 SH SOLE 201,044
SCRIPPS E W CO OHIO CL A 811054402 991 100,066 SH SOLE 100,066
SEAHAWK DRILLING INC COM 81201R107 328 53,532 SH SOLE 53,532
SENIOR HSG PPTYS TR SH BEN INT 81721M109 4,378 190,000 SH SOLE 190,000
SOLAR CAP LTD COM 83413U100 822 34,406 SH SOLE 34,406
SOLAR SR CAP LTD COM 83416M105 186 10,000 SH SOLE 10,000
SUMMIT HOTEL PPTYS INC COM 866082100 2,490 250,547 SH SOLE 250,547
TIME WARNER CABLE INC COM 88732J207 1,427 20,000 SH SOLE 20,000
VODAFONE GROUP PLC NEW SPONS ADR 92857W209 5,584 194,232 SH SOLE 194,232
WYNDHAM WORLDWIDE CORP COM 98310W108 12,245 384,927 SH SOLE 384,927
XEROX CORP COM 984121103 8,261 775,698 SH SOLE 775,698
XL GROUP PLC SHS G98290102 8,842 359,427 SH SOLE 359,427
YAHOO INC COM 984332106 7,186 430,800 SH SOLE 430,800