0000919574-12-004670.txt : 20120814
0000919574-12-004670.hdr.sgml : 20120814
20120813181228
ACCESSION NUMBER: 0000919574-12-004670
CONFORMED SUBMISSION TYPE: 13F-HR
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20120630
FILED AS OF DATE: 20120814
DATE AS OF CHANGE: 20120813
EFFECTIVENESS DATE: 20120814
FILER:
COMPANY DATA:
COMPANY CONFORMED NAME: Elm Ridge Management, LLC
CENTRAL INDEX KEY: 0001483276
IRS NUMBER: 000000000
STATE OF INCORPORATION: DE
FILING VALUES:
FORM TYPE: 13F-HR
SEC ACT: 1934 Act
SEC FILE NUMBER: 028-13787
FILM NUMBER: 121028835
BUSINESS ADDRESS:
STREET 1: 3 WEST MAIN STREET, 3RD FLOOR
CITY: IRVINGTON
STATE: NY
ZIP: 10533
BUSINESS PHONE: (914) 250-1000
MAIL ADDRESS:
STREET 1: 3 WEST MAIN STREET, 3RD FLOOR
CITY: IRVINGTON
STATE: NY
ZIP: 10533
13F-HR
1
d1307681_13f-hr.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 June 30, 2012
Check here if Amendment: |_|; Amendment Number: ____
This Amendment (Check only one): |_| is a restatement
|_| adds new holding entries.
Institutional Manager Filing this Report:
Name: Elm Ridge Management, LLC
Address: 3 West Main Street
2nd Floor
Irvington, NY 10533
13F File Number: 028-13787
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: Jed Bowen
Title: Chief Financial Officer of the Funds
Phone: (914) 250-1000
Signature, Place and Date of Signing:
/s/ Jed Bowen Irvington, NY August 14, 2012
------------------------- --------------------- ----------------------
[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 managers(s).)
[_] 13F COMBINATION REPORT. (Check here if a portion of the holdings for
this reporting manager are reported in this report and a portion are
reported by other reporting manager(s).)
List of Other Managers Reporting for this Manager: NONE
Form 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 3
Form 13F Information Table Entry Total: 52
Form 13F Information Table Value Total: $1,856,033
(in thousands)
List of Other Included Managers:
Form 13F File Number Name
(1) 028- 12044 Elm Ridge Partners, LLC
(2) 028- 11797 Elm Ridge Offshore Master Fund, Ltd.
(3) 028- 10075 Elm Ridge Capital Management, LLC
--------------------------------------------------------------------
FORM 13F INFORMATION TABLE
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
TITLE OF VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER CLASS CUSIP (X$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
-------------- ------ ------ --------- -------- --------- ----------- --------- ----- ------- -----
ALCOA INC COM 013817101 50,111 5,727,010 SH Defined 1,2,3 5,727,010
ALLSTATE CORP COM 020002101 45,965 1,309,920 SH Defined 1,2,3 1,309,920
AMERICAN INTL GROUP INC COM NEW 026874784 56,758 1,768,700 SH Defined 1,2,3 1,768,700
APPLIED MATLS INC COM 038222105 23,329 2,038,372 SH Defined 1,2,3 2,038,372
ARMSTRONG WORLD INDS INC NEW COM 04247X102 14,748 300,000 PUT Defined 1,2,3 300,000
ASSURED GUARANTY LTD COM G0585R106 73,329 5,200,633 SH Defined 1,2,3 5,200,633
AVALONBAY CMNTYS INC COM 053484101 14,148 100,000 PUT Defined 1,2,3 100,000
AXIS CAPITAL HOLDINGS INV SHS G0692U109 36,720 1,128,120 SH Defined 1,2,3 1,128,120
BANK OF AMERICA CORPORATION COM 060505104 29,302 3,582,130 SH Defined 1,2,3 3,582,130
BOSTON SCIENTIFIC CORP COM 101137107 63,187 11,144,086 SH Defined 1,2,3 11,144,086
BP PLC SPONSORED ADR 055622104 31,424 775,140 SH Defined 1,2,3 775,140
CENVEO INC COM 15670S105 11,254 5,831,065 SH Defined 1,2,3 5,831,065
CLIFFS NATURAL RESOURCES INC COM 18683K101 19,716 400,000 PUT Defined 1,2,3 400,000
CONCUR TECHNOLOGIES INC COM 206708109 22,473 330,000 PUT Defined 1,2,3 330,000
CORNING INC COM 219350105 47,494 3,673,159 SH Defined 1,2,3 3,673,159
D R HORTON INC COM 23331A109 36,760 2,000,000 PUT Defined 1,2,3 2,000,000
DELL INC COM 24702R101 47,529 3,799,279 SH Defined 1,2,3 3,799,279
DIGITAL RLTY TR INC COM 253868103 22,521 300,000 PUT Defined 1,2,3 300,000
DONNELLEY R R & SONS CO COM 257867101 55,456 4,711,621 SH Defined 1,2,3 4,711,621
EQUINIX INC COM NEW 29444U502 8,783 50,000 PUT Defined 1,2,3 50,000
FLEXTRONICS INTL LTD ORD Y2573F102 36,494 5,886,119 SH Defined 1,2,3 5,886,119
FORTINET INC COM 34959E109 6,966 300,000 PUT Defined 1,2,3 300,000
GENWORTH FINL INC COM CL A 37247D106 7,996 1,412,748 SH Defined 1,2,3 1,412,748
INTREPID POTASH INC COM 46121Y102 11,380 500,000 PUT Defined 1,2,3 500,000
JABIL CIRCUIT INC COM 466313103 16,705 821,680 SH Defined 1,2,3 821,680
JPMORGAN CHASE & CO COM 46625H100 55,646 1,557,410 SH Defined 1,2,3 1,557,410
KOHLS CORP COM 500255104 22,663 498,190 SH Defined 1,2,3 498,190
LILLY ELI & CO COM 532457108 58,389 1,360,727 SH Defined 1,2,3 1,360,727
LOCKHEED MARTIN CORP COM 539830109 79,535 913,359 SH Defined 1,2,3 913,359
LOCKHEED MARTIN CORP COM 539830109 26,124 300,000 CALL Defined 1,2,3 300,000
MARRIOTT INTL INC NEW CL A 571903202 19,600 500,000 PUT Defined 1,2,3 500,000
MARTIN MARIETTA MATLS INC COM 573284106 23,646 300,000 PUT Defined 1,2,3 300,000
MBIA INC COM 55262C100 77,011 7,124,049 SH Defined 1,2,3 7,124,049
MEAD JOHNSON NUTRITION CO COM 582839106 8,051 100,000 PUT Defined 1,2,3 100,000
MERCK & CO INC NEW COM 58933Y105 68,196 1,633,426 SH Defined 1,2,3 1,633,426
NABORS INDUSTRIES LTD SHS G6359F103 32,441 2,252,864 SH Defined 1,2,3 2,252,864
NEWFIELD EXPL CO COM 651290108 22,602 771,131 SH Defined 1,2,3 771,131
NRG ENERGY INC COM NEW 629377508 51,476 2,965,190 SH Defined 1,2,3 2,965,190
PFIZER INC COM 717081103 42,289 1,838,670 SH Defined 1,2,3 1,838,670
QUAD / GRAPHICS INC COM CL A 747301109 32,176 2,237,535 SH Defined 1,2,3 2,237,535
RAYTHEON CO COM NEW 755111507 47,431 838,160 SH Defined 1,2,3 838,160
REGIONS FINANCIAL CORP NEW COM 7591EP100 64,773 9,595,934 SH Defined 1,2,3 9,595,934
SAFEWAY INC COM NEW 786514208 40,756 2,245,512 SH Defined 1,2,3 2,245,512
SANMINA SCI CORP COM NEW 800907206 15,311 1,869,432 SH Defined 1,2,3 1,869,432
SUPERVALU INC COM 868536103 31,526 6,086,175 SH Defined 1,2,3 6,086,175
TAUBMAN CTRS INC COM 876664103 23,148 300,000 PUT Defined 1,2,3 300,000
TEREX CORP NEW COM 880779103 32,955 1,848,290 SH Defined 1,2,3 1,848,290
TOLL BROTHERS INC COM 889478103 29,730 1,000,000 PUT Defined 1,2,3 1,000,000
U S G CORP COM NEW 903293405 19,050 1,000,000 PUT Defined 1,2,3 1,000,000
ULTRA PETROLEUM CORP COM 903914109 46,409 2,011,660 SH Defined 1,2,3 2,011,660
WELLPOINT INC COM 94973V107 44,918 704,157 SH Defined 1,2,3 704,157
WESTERN UN CO COM 959802109 49,633 2,947,310 SH Defined 1,2,3 2,947,310