13F-HR 1 passportcapital2q12.txt FORM 13F HOLDINGS REPORT UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F Form 13F COVER PAGE Report for the Calendar Year or Quarter Ended: June 30, 2012 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: Passport Capital, LLC Address: 30 Hotaling Place, Suite 300 San Francisco, CA 94111 13F File Number: 028-11726 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: Joanne Cormican Title: Chief Financial Officer Phone: 415-321-4600 Signature, Place, and Date of Signing: /s/ Joanne Cormican San Francisco, CA August 14, 2012 Report Type (Check only one.): [ X] 13F HOLDINGS REPORT. [ ] 13F NOTICE. [ ] 13F COMBINATION REPORT. FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 Form 13F Information Table Entry Total: 152 Form 13F Information Table Value Total: $2,946,310 (thousands) List of Other Included Managers: Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional managers with respect to which this report is filed, other than the manager filing this report. NONE FORM 13F INFORMATION TABLE VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- ACCURAY INC COM 004397105 34075 5000000 SH SOLE 5000000 0 0 ADVANCED ENERGY INDS COM 007973100 283 21100 SH SOLE 21100 0 0 AGRIUM INC COM 008916108 13828 156300 SH SOLE 0 0 156300 AIRGAS INC COM 009363102 20288 241500 SH SOLE 19900 0 221600 ALCATEL-LUCENT SPONSORED ADR 013904305 30749 18864400 SH SOLE 18864400 0 0 ALCOA INC COM 013817101 15033 1718092 SH SOLE 13592 0 1704500 ALLEGHENY TECHNOLOGIES INC COM 01741R102 8967 281200 SH SOLE 35500 0 245700 ALLOT COMMUNICATIONS LTD SHS M0854Q105 5037 180800 SH SOLE 180800 0 0 ALPHA NATURAL RESOURCES INC COM 02076X102 3766 432400 SH SOLE 0 0 432400 AMYLIN PHARMACEUTICALS INC COM 032346108 4230 150000 SH SOLE 150000 0 0 ANADARKO PETE CORP COM 032511107 2966 44800 SH SOLE 44800 0 0 APPLE INC COM 037833100 32062 54900 SH SOLE 54900 0 0 BANK OF AMERICA CORPORATION COM 060505104 121 14742 SH SOLE 14742 0 0 BEST BUY INC COM 086516101 1928 92000 SH CALL SOLE 92000 0 0 BOISE INC COM 09746Y105 14999 2279543 SH SOLE 240175 0 2039368 CALGON CARBON CORP COM 129603106 300 21100 SH SOLE 21100 0 0 CALPINE CORP COM NEW 131347304 177 10700 SH SOLE 10700 0 0 CARBO CERAMICS INC COM 140781105 1136 14800 SH SOLE 14800 0 0 CARPENTER TECHNOLOGY CORP COM 144285103 9114 190500 SH SOLE 23700 0 166800 CELLDEX THERAPEUTICS INC NEW COM 15117B103 518 100000 SH CALL SOLE 100000 0 0 CENTURY ALUM CO COM 156431108 114 15571 SH SOLE 15571 0 0 CF INDS HLDGS INC COM 125269100 14608 75400 SH SOLE 10100 0 65300 CHINA MING YANG WIND PWR GRO SPONSORED ADR 16951C108 1185 1030152 SH SOLE 1030152 0 0 CHIQUITA BRANDS INTL INC COM 170032809 68 13699 SH SOLE 13699 0 0 CLIFFS NATURAL RESOURCES INC COM 18683K101 7305 148200 SH SOLE 0 0 148200 CLOUD PEAK ENERGY 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SOLE 1651308 0 0 MARKET VECTORS ETF TR GOLD MINER ETF 57060U100 89540 2000000 SH PUT SOLE 2000000 0 0 MCCLATCHY CO CL A 579489105 126 57471 SH SOLE 57471 0 0 MERCADOLIBRE INC COM 58733R102 6777 89400 SH SOLE 89400 0 0 METHANEX CORP COM 59151K108 23086 829500 SH SOLE 146100 0 683400 METHODE ELECTRS INC COM 591520200 129 15186 SH SOLE 15186 0 0 MGM RESORTS INTERNATIONAL COM 552953101 115 10282 SH SOLE 10282 0 0 MOMENTA PHARMACEUTICALS INC COM 60877T100 2021 150000 SH SOLE 150000 0 0 MORGAN STANLEY COM NEW 617446448 165 11317 SH SOLE 11317 0 0 MYR GROUP INC DEL COM 55405W104 305 17900 SH SOLE 17900 0 0 NEVSUN RES LTD COM 64156L101 2303 708563 SH SOLE 261763 0 446800 NEWS CORP CL A 65248E104 2786 125000 SH SOLE 125000 0 0 NEXTERA ENERGY INC COM 65339F101 578 8400 SH SOLE 8400 0 0 NIELSEN HOLDINGS N V COM N63218106 6476 247000 SH SOLE 247000 0 0 NORTHROP GRUMMAN CORP COM 666807102 2303 36106 SH SOLE 36106 0 0 NUCOR CORP COM 670346105 15296 403600 SH SOLE 0 0 403600 NUCOR CORP COM 670346105 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