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