13F-HR 1 lm3q10.txt LEVEL MANAGEMENT LP 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, 2010 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: Level Management LP Address: 888 Seventh Ave. 27th Floor New York, NY 10019 13F File Number: 028-10737 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: Lawrence Canzoneri Title: Chief Financial Officer Phone: (212) 287-5300 Signature, Place, and Date of Signing: /s/ Lawrence Canzoneri New York, NY November 10, 2010 LEVEL MANAGEMENT LP WAS FORMERLY KNOWN AS LEVEL GLOBAL INVESTORS LP 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: 86 Form 13F Information Table Value Total: $3,091,520 (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 ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- ACME PACKET INC COM 004764106 8537 225000 SH DEFINED 225000 0 0 APPLE INC COM 037833100 152743 538303 SH DEFINED 538303 0 0 AUTONAVI HLDGS LTD SPONSORED ADR 05330F106 4113 235000 SH DEFINED 235000 0 0 BAIDU INC SPON ADR REP A 056752108 86919 847000 SH DEFINED 847000 0 0 BOEING CO COM 097023105 44915 675000 SH DEFINED 675000 0 0 CABLEVISION SYS CORP CL A NY CABLVS 12686C109 68094 2600000 SH DEFINED 2600000 0 0 CADENCE DESIGN SYSTEM INC COM 127387108 22509 2950000 SH DEFINED 2950000 0 0 CAMERON INTERNATIONAL CORP COM 13342B105 7518 175000 SH DEFINED 175000 0 0 CHENIERE ENERGY INC COM NEW 16411R208 2667 1058288 SH DEFINED 1058288 0 0 CIENA CORP COM NEW 171779309 5449 350000 SH 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