<SEC-DOCUMENT>0000950142-12-001143.txt : 20120511 <SEC-HEADER>0000950142-12-001143.hdr.sgml : 20120511 <ACCEPTANCE-DATETIME>20120511170519 ACCESSION NUMBER: 0000950142-12-001143 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20120331 FILED AS OF DATE: 20120511 DATE AS OF CHANGE: 20120511 EFFECTIVENESS DATE: 20120511 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Merchants' Gate Capital LP CENTRAL INDEX KEY: 0001425160 IRS NUMBER: 412240843 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-12839 FILM NUMBER: 12835569 BUSINESS ADDRESS: STREET 1: 712 FIFTH AVENUE STREET 2: 44TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10019 BUSINESS PHONE: (212) 993-7040 MAIL ADDRESS: STREET 1: 712 FIFTH AVENUE STREET 2: 44TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10019 </SEC-HEADER> <DOCUMENT> <TYPE>13F-HR <SEQUENCE>1 <FILENAME>ea1200674_13fhr-q0112.txt <DESCRIPTION>QUARTERLY PERIOD ENDING 03-31-2012 <TEXT> UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F Form 13F COVER PAGE Report for the Calendar Year or Quarter Ended: March 31, 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: Merchants' Gate Capital LP -------------------------------------------------- Address: 712 Fifth Avenue, 44th Floor -------------------------------------------------- New York, NY 10019 -------------------------------------------------- Form 13F File Number: 028-12839 ------------------ 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: Jason Capello -------------------------------------------------- Title: Portfolio Manager -------------------------------------------------- Phone: (212) 993-7040 -------------------------------------------------- Signature, Place, and Date of Signing: /s/ Jason Capello New York, NY May 11, 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 manager(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).) <PAGE> Form 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 ------------- Form 13F Information Table Entry Total: 22 ------------- Form 13F Information Table Value Total: $1,290,573 ------------- (thousands) List of Other Included Managers: none Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report. NONE 2 <PAGE> <TABLE> <CAPTION> Form 13F Information Table Column 1 Column 2 Column 3 Column 4 Column 5 Column 6 Column 7 Column 8 ------------------------- ----------- --------- -------- ------------------ ---------- -------- ----------------------------- Title Value Shares/ Sh/ Put/ Investment Other Voting Authority Name of Issuer of Class CUSIP (x$1000) Prn Amt Prn Call Discretion Managers Sole Shared None ------------------------- ----------- --------- -------- --------- --- ---- ---------- -------- --------- --------- --------- <S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> ADVANCE AUTO PARTS INC COM 00751Y106 119,012 1,343,700 SH SOLE 1,343,700 AIRGAS INC COM 009363102 135,234 1,520,000 SH SOLE 1,520,000 C H ROBINSON WORLDWIDE INC COM 12541W209 8,186 125,000 SH SOLE 125,000 ECOLAB INC COM 278865100 151,428 2,453,468 SH SOLE 2,453,468 EXPEDITORS INTL WASH INC COM 302130109 198,119 4,259,700 SH SOLE 4,259,700 FEDEX CORP COM 31428X106 64,372 700,000 SH SOLE 700,000 FMC TECHNOLOGIES INC COM 30249U101 5,042 100,000 SH SOLE 100,000 FREEPORT-MCMORAN COPPER & GO COM 35671D857 11,412 300,000 SH SOLE 300,000 GENTEX CORP COM 371901109 2,450 100,000 SH SOLE 100,000 HOME DEPOT INC COM 437076102 27,671 550,000 SH SOLE 550,000 IFM INVTS LTD ADS 45172L100 1,058 1,511,298 SH SOLE 1,511,298 LOWES COS INC COM 548661107 180,435 5,750,000 SH SOLE 5,750,000 LYONDELLBASELL INDUSTRIES N SHS - A - N53745100 11,174 256,000 SH SOLE 256,000 MONSANTO CO NEW COM 61166W101 7,976 100,000 SH SOLE 100,000 </TABLE> 3 <PAGE> <TABLE> <CAPTION> Column 1 Column 2 Column 3 Column 4 Column 5 Column 6 Column 7 Column 8 ------------------------- ----------- --------- -------- ------------------ ---------- -------- ----------------------------- Title Value Shares/ Sh/ Put/ Investment Other Voting Authority Name of Issuer of Class CUSIP (x$1000) Prn Amt Prn Call Discretion Managers Sole Shared None ------------------------- ----------- --------- -------- --------- --- ---- ---------- -------- --------- --------- --------- <S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> PLAINS EXPL& PRODTN CO COM 726505100 29,855 700,000 SH SOLE 700,000 SCHLUMBERGER LTD COM 806857108 62,937 9,000 SH CALL SOLE 9,000 SCHLUMBERGER LTD COM 806857108 48,951 700,000 SH SOLE 700,000 SEMGROUP CORP CL A 81663A105 2,339 80,281 SH SOLE 80,281 UNITED PARCEL SERVICE CL B 911312106 80,720 10,000 SH CALL SOLE 10,000 INC UNITED PARCEL SERVICE CL B 911312106 84,821 1,050,800 SH SOLE 1,050,800 INC WESTLAKE CHEM CORP COM 960413102 9,625 148,552 SH SOLE 148,552 WILLIAMS COS INC DEL COM 969457100 47,756 1,550,000 SH SOLE 1,550 </TABLE> 4 </TEXT> </DOCUMENT> </SEC-DOCUMENT>