13F-HR 1 sep11.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F FORM 13F COVER PAGE Report for the Calendar Year or Quarter Ended: September 30, 2011 ? Check here if Amendment [ ] ? This Amendment (check only one.): [ ] is a restatement [ ] adds new holdings entries Institutional Investment Manager Filing this Report: Name: Del Mar Asset Management, LP Address: 711 Fifth Avenue, 5th Floor ? New York, NY 10022 ? ? ? ? Form 13F File Number: 028-11567 The institutional investment manager filing this report and the person by whom it is signed hereby request 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: Marc Simons ? ? Title: Chief Operating Officer ? Phone: 212-328-7140 ? ? Signature, Place and Date of Signing: ?Marc Simons ? ? ?New York, NY ? ? 11/08/2011 [Signature] [City, State] [Date] Report Type (Check only one.): [ X ] 13F HOLDINGS REPORT. (Check here if all holdings of this report 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).) FORM 13F SUMMARY PAGE Number of Other Included Managers: ? 0 Form 13F Information Table Entry Total: ? 276 Form 13F Information Table Value Total: ? $1,416,048 (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 SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (X$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE 3M CO COM 88579Y101 312 4,344 SH X 3M CO PUT 88579Y101 574 80 SH PUT X ABBOTT LABS COM 002824100 395 7,724 SH X ABBOTT LABS PUT 002824100 890 174 SH PUT X ALCOA INC COM 013817101 788 82,372 SH X ALEXION PHARMACEUTICALS INC COM 015351109 278 4,340 SH X ALTAIR NANOTECHNOLOGIES INC COM NEW 021373204 40 29,738 SH X ALTRIA GROUP INC COM 02209S103 286 10,671 SH X ALTRIA GROUP INC PUT 02209S103 638 238 SH PUT X AMAZON COM INC COM 023135106 332 1,535 SH X AMAZON COM INC PUT 023135106 822 38 SH PUT X AMERICAN EXPRESS CO COM 025816109 346 7,714 SH X AMERICAN EXPRESS CO PUT 025816109 485 108 SH PUT X AMERICAN TOWER CORP CL A 029912201 210 3,906 SH X AMGEN INC COM 031162100 225 4,094 SH X AMGEN INC PUT 031162100 550 100 SH PUT X AMKOR TECHNOLOGY INC COM 031652100 60 13,705 SH X AMR CORP COM 001765106 59 19,858 SH X ANADARKO PETE CORP COM 032511107 2,245 35,600 SH X ANADARKO PETE CORP CALL 032511107 3,153 500 SH CALL X ANADARKO PETE CORP PUT 032511107 3,153 500 SH PUT X ANALOG DEVICES INC COM 032654105 2,951 94,417 SH X APPLE INC COM 037833100 1,385 3,632 SH X APPLE INC PUT 037833100 3,966 104 SH PUT X ARCHER DANIELS MIDLAND CO COM 039483102 904 36,429 SH X ARES CAP CORP COM 04010L103 238 17,276 SH X ARIAD PHARMACEUTICALS INC CALL 04033A100 9,669 11,000 SH CALL X ARMOUR RESIDENTIAL REIT INC *W EXP 11/07/201 042315119 14 681,975 SH X AT&T INC COM 00206R102 1,096 38,434 SH X AT&T INC PUT 00206R102 1,888 662 SH PUT X AUTODESK INC COM 052769106 1,037 37,325 SH X AVAGO TECHNOLOGIES LTD SHS Y0486S104 1,061 32,379 SH X AVON PRODS INC COM 054303102 903 46,082 SH X BANK MONTREAL QUE COM 063671101 700 12,525 SH X BANK OF AMERICA CORPORATION COM 060505104 582 95,156 SH X BANK OF AMERICA CORPORATION PUT 060505104 661 1,080 SH PUT X BARCLAYS BK PLC PUT 06740C261 4,803 900 SH PUT X BARNES & NOBLE INC COM 067774109 237 20,000 SH X BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 691 9,721 SH X BERKSHIRE HATHAWAY INC DEL PUT 084670702 1,392 196 SH PUT X BEST BUY INC COM 086516101 978 41,979 SH X BOEING CO COM 097023105 219 3,615 SH X BOEING CO PUT 097023105 484 80 SH PUT X BRISTOL MYERS SQUIBB CO PUT 110122108 621 198 SH PUT X BROADWIND ENERGY INC COM 11161T108 11 33,207 SH X BUNGE LTD BG G16962105 3,246 55,687 SH X CAPITAL ONE FINL CORP *W EXP 11/14/201 14040H139 761 55,000 SH X CAPITAL ONE FINL CORP COM 14040H105 813 20,525 SH X CATERPILLAR INC DEL COM 149123101 310 4,201 SH X CATERPILLAR INC DEL PUT 149123101 546 74 SH PUT X CEPHALON INC CALL 156708109 24,226 3,002 SH CALL X CHEVRON CORP NEW COM 166764100 1,213 13,102 SH X CHEVRON CORP NEW PUT 166764100 2,018 218 SH PUT X CIENA CORP COM NEW 171779309 684 61,100 SH X CIENA CORP PUT 171779309 689 615 SH PUT X CISCO SYS INC COM 17275R102 1,312 84,647 SH X CISCO SYS INC PUT 17275R102 958 618 SH PUT X CIT GROUP INC COM NEW 125581801 3,145 103,546 SH X CITIGROUP INC COM NEW 172967424 428 16,718 SH X CITIGROUP INC PUT 172967424 799 312 SH PUT X CMS ENERGY CORP NOTE 2.875%12/0 125896AW0 11,713 7,500,000 PRN X COCA COLA CO COM 191216100 675 9,987 SH X COCA COLA CO PUT 191216100 1,757 260 SH PUT X COMCAST CORP NEW CL A 20030N101 2,279 108,937 SH X COMCAST CORP NEW PUT 20030N101 661 316 SH PUT X CONOCOPHILLIPS COM 20825C104 477 7,532 SH X CONOCOPHILLIPS PUT 20825C104 1,000 158 SH PUT X COOPER INDUSTRIES PLC SHS G24140108 258 5,602 SH X CREDIT SUISSE NASSAU BRH ETN IDX-LKD 20 22542D845 8,144 402,152 SH X CREDIT SUISSE NASSAU BRH EXCH NT LKD 31 22542D753 1,060 54,200 SH X CUBIST PHARMACEUTICALS INC NOTE 2.500%11/0 229678AD9 5,455 4,000,000 PRN X CVR ENERGY INC COM 12662P108 1,057 50,000 SH X CVS CAREMARK CORPORATION COM 126650100 237 7,055 SH X CVS CAREMARK CORPORATION PUT 126650100 490 146 SH PUT X CYPRESS SEMICONDUCTOR CORP COM 232806109 962 64,267 SH X DELL INC COM 24702R101 977 69,108 SH X DIAMOND FOODS INC COM 252603105 152,538 1,911,500 SH X DIRECTV COM CL A 25490A101 1,057 25,000 SH X DISNEY WALT CO COM DISNEY 254687106 343 11,385 SH X DISNEY WALT CO PUT 254687106 664 220 SH PUT X DOLLAR TREE INC COM 256746108 457 6,080 SH X DRYSHIPS INC SHS Y2109Q101 94 40,000 SH X E M C CORP MASS PUT 268648102 512 244 SH PUT X E M C CORP MASS NOTE 1.750%12/0 268648AK8 17,987 13,750,000 PRN X E M C CORP MASS NOTE 1.750%12/0 268648AM4 3,527 2,500,000 PRN X EASTMAN KODAK CO COM 277461109 10 12,500 SH X EASTMAN KODAK CO CALL 277461109 78 1,000 SH CALL X EASTMAN KODAK CO PUT 277461109 888 11,384 SH PUT X ENERGIZER HLDGS INC COM 29266R108 918 13,810 SH X EOG RES INC CALL 26875P101 2,840 400 SH CALL X EXCO RESOURCES INC COM 269279402 1,179 110,000 SH X EXIDE TECHNOLOGIES COM NEW 302051206 48 12,000 SH X EXXON MOBIL CORP COM 30231G102 2,054 28,277 SH X EXXON MOBIL CORP PUT 30231G102 3,951 544 SH PUT X FBR & CO COM 30247C301 48 20,000 SH X FIDELITY NATL INFORMATION SV COM 31620M106 730 30,000 SH X FIRST BANCORP P R COM NEW 318672706 540 193,000 SH X FIRST TR EXCHANGE TRADED FD ISE CLOUD COMP 33734X192 598 37,500 SH X FMC TECHNOLOGIES INC COM 30249U101 332 8,829 SH X FORD MTR CO DEL *W EXP 01/01/201 345370134 4,757 2,152,516 SH X FORD MTR CO DEL CALL 345370134 4,757 2,152,516 SH X FOREST LABS INC COM 345838106 968 31,426 SH X FOREST OIL CORP COM PAR $0.01 346091705 288 20,000 SH X FRIENDFINDER NETWORKS INC COM IPO 358453306 1,980 1,076,180 SH X GAP INC DEL COM 364760108 227 13,958 SH X May 13 Puts on GDI PUT 365558105 16 5,700 SH PUT X GENERAL ELECTRIC CO COM 369604103 693 45,539 SH X GENERAL ELECTRIC CO PUT 369604103 1,884 1,238 SH PUT X GENERAL MLS INC COM 370334104 1,559 40,503 SH X GENERAL MTRS CO *W EXP 07/10/201 37045V118 50,989 4,380,492 SH X GENERAL MTRS CO *W EXP 07/10/201 37045V126 3,965 500,000 SH X GENERAL MTRS CO COM 37045V100 202 10,000 SH X GILEAD SCIENCES INC NOTE 0.625% 5/0 375558AH6 2,854 2,500,000 PRN X GILEAD SCIENCES INC NOTE 1.000% 5/0 375558AN3 5,414 5,000,000 PRN X GLEACHER & CO INC COM 377341102 706 593,300 SH X GLOBAL EAGLE ACQUISITION COR UNIT 99/99/9999 37951D201 2,513 250,000 SH X GOLDCORP INC NEW NOTE 2.000% 8/0 380956AB8 3,114 2,500,000 PRN X GOLDMAN SACHS GROUP INC COM 38141G104 363 3,835 SH X GOLDMAN SACHS GROUP INC PUT 38141G104 548 58 SH PUT X GOODRICH CORP COM 382388106 1,207 10,000 SH X GOODRICH CORP CALL 382388106 31,751 2,631 SH CALL X GOOGLE INC CL A 38259P508 579 1,124 SH X GOOGLE INC PUT 38259P508 1,442 28 SH PUT X GREATER CHINA FD INC COM 39167B102 166 17,000 SH X GREEN MTN COFFEE ROASTERS IN COM 393122106 741 7,973 SH X GRIFOLS S A SPONSORED ADR 398438309 5,112 800,000 SH X HARBIN ELECTRIC INC CALL 41145W109 3,310 1,603 SH CALL X HARBIN ELECTRIC INC PUT 41145W109 1,033 500 SH PUT X HASBRO INC COM 418056107 2,712 83,171 SH X HEWLETT PACKARD CO COM 428236103 2,778 123,748 SH X HEWLETT PACKARD CO PUT 428236103 633 282 SH PUT X HOME DEPOT INC COM 437076102 2,352 71,566 SH X HOME DEPOT INC PUT 437076102 559 170 SH PUT X INTEL CORP COM 458140100 1,436 67,325 SH X INTEL CORP PUT 458140100 1,297 608 SH PUT X INTERDIGITAL INC CALL 45867G101 11,878 2,550 SH CALL X INTERNATIONAL BUSINESS MACHS COM 459200101 851 4,865 SH X INTERNATIONAL BUSINESS MACHS PUT 459200101 2,343 134 SH PUT X ISHARES INC MSCI BRAZIL 464286400 520 10,000 SH X ISHARES INC MSCI GERMAN 464286806 914 50,000 SH X ISHARES TR CALL 464287481 993 200 SH CALL X ISHARES TR CALL 464287473 1,928 500 SH CALL X ISHARES TR CALL 464287598 1,132 200 SH CALL X ISHARES TR S&P 100 IDX FD 464287101 329 6,394 SH X ISHARES TR CALL 464287309 3,062 500 SH CALL X ISHARES TR US PFD STK IDX 464288687 666 18,700 SH X JARDEN CORP COM 471109108 3,020 106,875 SH X JOHNSON & JOHNSON COM 478160104 1,070 16,796 SH X JOHNSON & JOHNSON PUT 478160104 1,962 308 SH PUT X JPMORGAN CHASE & CO *W EXP 10/28/201 46634E114 924 99,250 SH X JPMORGAN CHASE & CO COM 46625H100 954 31,684 SH X JPMORGAN CHASE & CO PUT 46625H100 1,289 428 SH PUT X KOHLS CORP COM 500255104 384 7,822 SH X KRAFT FOODS INC CL A 50075N104 356 10,608 SH X KRAFT FOODS INC PUT 50075N104 698 208 SH PUT X L-3 COMMUNICATIONS CORP DEBT 3.000% 8/0 502413AW7 9,525 10,000,000 PRN X LAS VEGAS SANDS CORP COM 517834107 231 6,023 SH X LEVEL 3 COMMUNICATIONS INC COM 52729N100 894 600,000 SH X LEXMARK INTL NEW CL A 529771107 942 34,855 SH X LMP CAP & INCOME FD INC COM 50208A102 1,243 108,531 SH X MALAYSIA FD INC COM 560905101 136 15,000 SH X MARVELL TECHNOLOGY GROUP LTD MRVL G5876H105 338 23,254 SH X MARVELL TECHNOLOGY GROUP LTD MRVL G5876H905 883 608 SH CALL X MATTEL INC COM 577081102 2,904 112,149 SH X MCDERMOTT INTL INC COM 580037109 111 10,274 SH X MCDONALDS CORP COM 580135101 481 5,472 SH X MCDONALDS CORP PUT 580135101 1,001 114 SH PUT X MEAD JOHNSON NUTRITION CO COM 582839106 4,178 60,701 SH X MEDCO HEALTH SOLUTIONS INC CALL 58405U102 4,717 1,006 SH CALL X MEDTRONIC INC NOTE 1.625% 4/1 585055AM8 12,513 12,500,000 PRN X MEMC ELECTR MATLS INC COM 552715104 809 154,320 SH X MERCK & CO INC NEW COM 58933Y105 445 13,616 SH X MERCK & CO INC NEW PUT 58933Y105 1,138 348 SH PUT X MICROCHIP TECHNOLOGY INC SDCV 2.125%12/1 595017AB0 8,652 7,500,000 PRN X MICRON TECHNOLOGY INC CALL 595112103 1,008 2,000 SH CALL X MICROSOFT CORP COM 594918104 881 35,403 SH X MICROSOFT CORP PUT 594918104 2,086 838 SH PUT X MOODYS CORP COM 615369105 1,087 35,693 SH X MOTOROLA MOBILITY HLDGS INC CALL 620097105 60,199 15,934 SH CALL X MUELLER WTR PRODS INC COM SER A 624758108 49 19,836 SH X MYLAN INC NOTE 1.250% 3/1 628530AG2 2,504 2,500,000 PRN X MYLAN INC NOTE 3.750% 9/1 628530AJ6 14,500 10,000,000 PRN X NATIONAL OILWELL VARCO INC CALL 637071101 3,073 600 SH CALL X NETAPP INC NOTE 1.750% 6/0 64110DAB0 6,080 5,000,000 PRN X NEUTRAL TANDEM INC COM 64128B108 348 36,000 SH X NOVELLUS SYS INC COM 670008101 1,042 38,230 SH X NYSE EURONEXT CALL 629491101 18,176 7,821 SH CALL X OCCIDENTAL PETE CORP DEL COM 674599105 381 5,332 SH X OCCIDENTAL PETE CORP DEL PUT 674599105 672 94 SH PUT X ODYSSEY MARINE EXPLORATION I COM 676118102 37 15,000 SH X ONYX PHARMACEUTICALS INC COM 683399109 5,642 187,996 SH X ONYX PHARMACEUTICALS INC PUT 683399109 5,684 1,894 SH PUT X ORACLE CORP COM 68389X105 408 14,210 SH X ORACLE CORP PUT 68389X105 1,196 416 SH PUT X PARKERVISION INC COM 701354102 7,544 8,429,571 SH X PATRIOT COAL CORP CALL 70336T104 1,015 1,200 SH CALL X PEPSICO INC COM 713448108 646 10,444 SH X PEPSICO INC PUT 713448108 1,127 182 SH PUT X PERKINELMER INC COM 714046109 886 46,104 SH X PFIZER INC COM 717081103 690 39,025 SH X PFIZER INC PUT 717081103 1,616 914 SH PUT X PHILIP MORRIS INTL INC COM 718172109 876 14,049 SH X PHILIP MORRIS INTL INC PUT 718172109 1,260 202 SH PUT X PIONEER NAT RES CO NOTE 2.875% 1/1 723787AH0 11,946 10,000,000 PRN X PITNEY BOWES INC COM 724479100 2,903 154,400 SH X POTASH CORP SASK INC COM 73755L107 716 16,566 SH X POWERSHARES ETF TRUST DYNA BUYBK ACH 73935X286 428 18,150 SH X POWERSHS DB MULTI SECT COMM DB OIL FUND 73936B507 543 23,577 SH X PROCTER & GAMBLE CO COM 742718109 910 14,410 SH X PROCTER & GAMBLE CO PUT 742718109 1,946 308 SH PUT X PRUDENTIAL FINL INC CALL 744320102 1,406 300 SH CALL X QUALCOMM INC COM 747525103 335 6,880 SH X QUALCOMM INC PUT 747525103 934 192 SH PUT X RADIAN GROUP INC COM 750236101 28 13,000 SH X RESEARCH IN MOTION LTD CALL 760975102 1,167 575 SH CALL X ROPER INDS INC NEW FRNT 1/1 776696AA4 7,949 9,205,000 PRN X SAFEWAY INC COM NEW 786514208 925 55,649 SH X SANOFI CVR GCVRZ 80105N113 127 119,660 SH X SBA COMMUNICATIONS CORP NOTE 4.000%10/0 78388JAM8 6,453 5,000,000 PRN X SCHLUMBERGER LTD COM 806857108 655 10,963 SH X SCHLUMBERGER LTD PUT 806857108 920 154 SH PUT X SEADRILL LIMITED SHS G7945E105 329 11,968 SH X SEAGATE TECHNOLOGY PLC SHS G7945M107 200 19,493 SH X SELECT SECTOR SPDR TR SBI INT-FINL 81369Y605 236 20,000 SH X SIRIUS XM RADIO INC COM 82967N108 269 177,850 SH X SIX FLAGS ENTMT CORP NEW COM 83001A102 582 21,000 SH X SOTHEBYS NOTE 3.125% 6/1 835898AC1 6,659 6,000,000 PRN X SOUTHERN UN CO NEW COM 844030106 1,217 30,000 SH X SOUTHERN UN CO NEW CALL 844030106 10,143 2,500 SH CALL X SPDR S&P 500 ETF TR TR UNIT 78462F103 127,289 1,127,747 SH X SPDR S&P 500 ETF TR CALL 78462F103 56,435 5,000 SH CALL X SPDR S&P 500 ETF TR PUT 78462F103 400,689 35,500 SH PUT X SPDR SERIES TRUST S&P RETAIL ETF 78464A714 231 5,000 SH X SPRINT NEXTEL CORP COM SER 1 852061100 430 141,369 SH X SUNTECH PWR HLDGS CO LTD ADR 86800C104 41 17,807 SH X SUSQUEHANNA BANCSHARES INC P COM 869099101 168 30,800 SH X TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADR 874039100 694 60,736 SH X TARGET CORP COM 87612E106 385 7,849 SH X TE CONNECTIVITY LTD REG SHS H84989104 673 23,927 SH X TELEFLEX INC COM 879369106 964 17,937 SH X TEMPLE INLAND INC PUT 879868107 6,748 2,151 SH PUT X TENARIS S A SPONSORED ADR 88031M109 251 9,849 SH X TENET HEALTHCARE CORP COM 88033G100 42 10,286 SH X TEXTRON INC NOTE 4.500% 5/0 883203BN0 3,813 2,500,000 PRN X THOMAS & BETTS CORP COM 884315102 2,893 72,481 SH X TUPPERWARE BRANDS CORP COM 899896104 1,256 23,370 SH X TYCO INTERNATIONAL LTD SHS H89128104 348 8,550 SH X UNITED PARCEL SERVICE INC CL B 911312106 340 5,377 SH X UNITED PARCEL SERVICE INC PUT 911312106 682 108 SH PUT X UNITED STATES STL CORP NEW CALL 912909108 660 300 SH CALL X UNITED STATES STL CORP NEW NOTE 4.000% 5/1 912909AE8 2,606 2,500,000 PRN X UNITED TECHNOLOGIES CORP COM 913017109 261 3,709 SH X UNITED TECHNOLOGIES CORP PUT 913017109 718 102 SH PUT X UNITEDHEALTH GROUP INC PUT 91324P102 563 122 SH PUT X VALERO ENERGY CORP NEW COM 91913Y100 799 44,964 SH X VALIDUS HOLDINGS LTD VR G9319H102 249 10,000 SH X VALSPAR CORP COM 920355104 1,011 32,404 SH X VANGUARD INTL EQUITY INDEX F CALL 922042858 717 200 SH CALL X VANTAGE DRILLING COMPANY ORD SHS g93205113 648 518,538 SH X VARIAN SEMICONDUCTOR EQUIPMN CALL 922207105 25,879 4,232 SH CALL X VARIAN SEMICONDUCTOR EQUIPMN PUT 922207105 6,115 1,000 SH PUT X VERIZON COMMUNICATIONS INC COM 92343V104 458 12,458 SH X VERIZON COMMUNICATIONS INC PUT 92343V104 1,192 324 SH PUT X VIACOM INC NEW CL B 92553P201 709 18,300 SH X WAL MART STORES INC COM 931142103 2,157 41,569 SH X WAL MART STORES INC PUT 931142103 1,111 214 SH PUT X WALTER ENERGY INC CALL 93317Q105 3,001 500 SH CALL X WALTER INVT MGMT CORP COM 93317W102 212 9,229 SH X WEATHERFORD INTL LTD WFT H27013103 161 13,149 SH X WELLS FARGO & CO NEW COM 949746101 617 25,587 SH X WELLS FARGO & CO NEW PUT 949746101 1,370 568 SH PUT X WHIRLPOOL CORP COM 963320106 2,658 53,257 SH X XEROX CORP COM 984121103 885 126,903 SH X ZIONS BANCORPORATION *W EXP 05/22/202 989701115 1,353 563,766 SH X ZIONS BANCORPORATION CALL 989701115 1,353 563,766 SH X ZOGENIX INC COM 98978L105 188 102,847 SH X