0001144204-12-008325.txt : 20120214 0001144204-12-008325.hdr.sgml : 20120214 20120214113322 ACCESSION NUMBER: 0001144204-12-008325 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20111231 FILED AS OF DATE: 20120214 DATE AS OF CHANGE: 20120214 EFFECTIVENESS DATE: 20120214 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Westchester Capital Management, LLC CENTRAL INDEX KEY: 0001512805 IRS NUMBER: 273790558 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-14257 FILM NUMBER: 12604693 BUSINESS ADDRESS: STREET 1: 100 SUMMIT LAKE DRIVE CITY: VALHALLA STATE: NY ZIP: 10595 BUSINESS PHONE: 914-741-5600 MAIL ADDRESS: STREET 1: 100 SUMMIT LAKE DRIVE CITY: VALHALLA STATE: NY ZIP: 10595 13F-HR 1 v301669_13fhr.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: December 31, 2011 Check here if Amendment [ ]; Amendment Number: __________ This Amendment (Check only one.): [ ] is a restatement. [ ] adds new holding entries. Institutional Investment Manager Filing this Report: Name: Westchester Capital Management, LLC ----------------------------------- Address: 100 Summit Lake Drive --------------------- Valhalla, NY 10595 ------------------ Form 13F File Number: 028-14257 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: Bruce Rubin ----------- Title: Chief Operating Officer and Chief Compliance Officer ---------------------------------------------------- Phone: 914-741-5600 ------------ Signature, Place, and Date of Signing: /s/ Bruce Rubin Valhalla, New York 02/14/12 --------------------------------- --------------------- -------- [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).) FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 1 Form 13F Information Table Entry Total: 147 Form 13F Information Table Value Total: $4,385,840 (thousands) List of Other Included Managers: 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. No. Form 13F File Number Name --- -------------------- ---- 1 28-11493 Green & Smith Investment Management L.L.C. -2- FORM 13F Westchester Capital Management, LLC 31-Dec-11
Value SHRS or SH/ PUT/ Investment Voting Authority Name of Issuer Title of Class CUSIP x.$1000 PRN Amt PRN CALL Discretion Managers Sole Shares None 99 Cents Only Stores com 65440K106 58,591 2,669,273 SH (a) Sole Sole 99 Cents Only Stores com 65440K106 1,901 86,600 SH (b) Other 1 Sole AT&T Inc. com 00206R102 93,236 30,832 SH put (a) Sole Sole AT&T Inc. com 00206R102 1,996 660 SH put (b) Other 1 Sole AT&T Inc. com 00206R102 130,852 4,327,100 SH (a) Sole Sole AT&T Inc. com 00206R102 2,830 93,600 SH (b) Other 1 Sole AT&T Inc. com 00206R102 34,664 11,463 SH put (a) Sole Sole AT&T Inc. com 00206R102 771 255 SH put (b) Other 1 Sole Abbott Laboratories com 002824100 48,616 864,600 SH (a) Sole Sole Abbott Laboratories com 002824100 888 15,800 SH (b) Other 1 Sole Abbott Laboratories com 002824100 35,897 6,384 SH put (a) Sole Sole Abbott Laboratories com 002824100 652 116 SH put (b) Other 1 Sole Abbott Laboratories com 002824100 12,719 2,262 SH put (a) Sole Sole Abbott Laboratories com 002824100 236 42 SH put (b) Other 1 Sole Advanced Micro Devices Inc. note 5.750% 8/1 007903AN7 528 520,000 PRN (a) Sole Sole Bank of America Corp. 7.25% cnv pfd l 060505682 2,083 2,650 SH (a) Sole Sole Blue Coat Systems, Inc. com 09534T508 65,004 2,554,200 SH (a) Sole Sole Blue Coat Systems, Inc. com 09534T508 1,420 55,800 SH (b) Other 1 Sole CenturyLink, Inc. com 156700106 60,506 16,265 SH put (a) Sole Sole CenturyLink, Inc. com 156700106 1,603 431 SH put (b) Other 1 Sole CenturyLink, Inc. com 156700106 68,586 1,843,719 SH (a) Sole Sole CenturyLink, Inc. com 156700106 1,838 49,421 SH (b) Other 1 Sole Chesapeake Energy Corporation com 165167107 32,530 1,459,400 SH (a) Sole Sole Chesapeake Energy Corporation com 165167107 849 38,100 SH (b) Other 1 Sole Chesapeake Energy Corporation com 165167107 21,653 9,714 SH put (a) Sole Sole Chesapeake Energy Corporation com 165167107 637 286 SH put (b) Other 1 Sole Chesapeake Energy Corporation com 165167107 10,933 4,905 SH put (a) Sole Sole Chesapeake Energy Corporation com 165167107 212 95 SH put (b) Other 1 Sole Citigroup Inc. com new 172967424 789 30,000 SH (a) Sole Sole Clorox Company Del com 189054109 7 100 SH (a) Sole Sole Colgate-Palmolive Company com 194162103 56,838 615,200 SH (a) Sole Sole Colgate-Palmolive Company com 194162103 1,515 16,400 SH (b) Other 1 Sole Colgate-Palmolive Company com 194162103 56,838 6,152 SH put (a) Sole Sole Colgate-Palmolive Company com 194162103 1,515 164 SH put (b) Other 1 Sole Commercial Metals Company com 201723103 17,664 1,277,200 SH (a) Sole Sole Commercial Metals Company com 201723103 1,007 72,800 SH (b) Other 1 Sole Commercial Metals Company com 201723103 17,664 12,772 SH put (a) Sole Sole Commercial Metals Company com 201723103 1,007 728 SH put (b) Other 1 Sole ConocoPhillips com 20825C104 66,326 910,200 SH (a) Sole Sole ConocoPhillips com 20825C104 1,166 16,000 SH (b) Other 1 Sole ConocoPhillips com 20825C104 66,326 9,102 SH put (a) Sole Sole ConocoPhillips com 20825C104 1,166 160 SH put (b) Other 1 Sole Constellation Energy Group Inc. com 210371100 136,398 3,438,320 SH (a) Sole Sole Constellation Energy Group Inc. com 210371100 2,785 70,200 SH (b) Other 1 Sole Delphi Financial Group, Inc. cl a 247131105 25,685 579,800 SH (a) Sole Sole Delphi Financial Group, Inc. cl a 247131105 465 10,500 SH (b) Other 1 Sole DemandTec, Inc. com 24802R506 7,337 557,100 SH (a) Sole Sole Dollar Thrifty Automotive Group, Inc. com 256743105 167,927 2,390,081 SH (a) Sole Sole Dollar Thrifty Automotive Group, Inc. com 256743105 3,942 56,100 SH (b) Other 1 Sole EMC Corp. Mass com 268648102 4,903 227,600 SH (a) Sole Sole EXCO Resources Inc. com 269279402 39,967 3,824,592 SH (a) Sole Sole Eaton Vance Floating-Rate Income Trust com 278279104 1,321 92,807 SH (a) Sole Sole El Paso Corporation com 28336L109 198,891 7,485,543 SH (a) Sole Sole El Paso Corporation com 28336L109 4,183 157,420 SH (b) Other 1 Sole Select Sector SPDR Trust sbi int-energy 81369Y506 34,434 4,981 SH put (a) Sole Sole Express Scripts, Inc. com 302182100 16 361 SH (a) Sole Sole General Electric Company com 369604103 3,233 180,500 SH (a) Sole Sole General Electric Company com 369604103 3,278 1,830 SH put (a) Sole Sole Goodrich Corporation com 382388106 313,223 2,532,118 SH (a) Sole Sole Goodrich Corporation com 382388106 6,180 49,962 SH (b) Other 1 Sole Harleysville Group Inc. com 412824104 28 500 SH (a) Sole Sole Harleysville Group Inc. com 412824104 520 9,200 SH (b) Other 1 Sole Healthspring, Inc. com 42224N101 125,005 2,291,983 SH (a) Sole Sole Healthspring, Inc. com 42224N101 2,844 52,143 SH (b) Other 1 Sole Huntsman Corporation com 447011107 9,333 933,300 SH (a) Sole Sole Keycorp New pfd 7.75% sr a 493267405 3,082 29,157 SH (a) Sole Sole Kimberly-Clark Corporation com 494368103 1,567 21,300 SH (a) Sole Sole Kimberly-Clark Corporation com 494368103 1,567 213 SH put (a) Sole Sole LoopNet, Inc. com 543524300 3,276 179,218 SH (a) Sole Sole LoopNet, Inc. com 543524300 976 53,382 SH (b) Other 1 Sole Magma Design Automation, Inc. com 559181102 22,991 3,202,115 SH (a) Sole Sole Magma Design Automation, Inc. com 559181102 949 132,200 SH (b) Other 1 Sole Marriott International Inc. cl a 571903202 16,887 578,900 SH (a) Sole Sole Select Sector SPDR Trust sbi materials 81369Y100 2,151 642 SH put (a) Sole Sole Select Sector SPDR Trust sbi materials 81369Y100 201 60 SH put (b) Other 1 Sole Medco Health Solutions, Inc. com 58405U102 60,222 1,077,312 SH (a) Sole Sole Medco Health Solutions, Inc. com 58405U102 1,155 20,670 SH (b) Other 1 Sole Merck & Co. Inc. com 58933Y105 2,850 756 SH put (a) Sole Sole Merck & Co. Inc. com 58933Y105 2,850 75,600 SH (a) Sole Sole Motorola Mobility Holdings, Inc. com 620097105 305,212 7,866,277 SH (a) Sole Sole Motorola Mobility Holdings, Inc. com 620097105 6,105 157,351 SH (b) Other 1 Sole NYSE Euronext com 629491101 94,602 3,624,586 SH (a) Sole Sole NYSE Euronext com 629491101 1,151 44,114 SH (b) Other 1 Sole National Westminster Bank plc spon adr c 638539882 2,225 132,600 SH (a) Sole Sole NetLogic Microsystems Inc. com 64118B100 186,708 3,766,554 SH (a) Sole Sole NetLogic Microsystems Inc. com 64118B100 3,579 72,204 SH (b) Other 1 Sole Novellus Systems, Inc. com 670008101 59,817 1,448,700 SH (a) Sole Sole Novellus Systems, Inc. com 670008101 1,086 26,300 SH (b) Other 1 Sole Pfizer Inc. com 717081103 13,365 617,600 SH (a) Sole Sole Pfizer Inc. com 717081103 13,365 6,176 SH put (a) Sole Sole Pharmasset, Inc. com 71715N106 74,882 584,100 SH (a) Sole Sole Pharmasset, Inc. com 71715N106 1,397 10,900 SH (b) Other 1 Sole Progress Energy Inc. com 743263105 66,927 1,194,690 SH (a) Sole Sole Progress Energy Inc. com 743263105 1,433 25,581 SH (b) Other 1 Sole RSC Holdings, Inc. com 74972L102 16,293 880,700 SH (a) Sole Sole RSC Holdings, Inc. com 74972L102 925 50,000 SH (b) Other 1 Sole RightNow Technologies, Inc. com 76657R106 1,372 32,100 SH (a) Sole Sole Rio Tinto plc ADR spon adr 767204100 16,059 328,271 SH (a) Sole Sole Rio Tinto plc ADR spon adr 767204100 621 12,700 SH (b) Other 1 Sole Royal Bank of Scotland plc spon adr ser h 780097879 888 56,035 SH (a) Sole Sole SPDR Series Trust s&p retail etf 78464A714 2,060 392 SH put (a) Sole Sole SPDR Series Trust s&p retail etf 78464A714 47 9 SH put (b) Other 1 Sole SPDR S&P 500 ETF Trust tr unit 78462F103 147,914 11,786 SH put (a) Sole Sole SPDR S&P 500 ETF Trust tr unit 78462F103 2,686 214 SH put (b) Other 1 Sole Sara Lee Corp. com 803111103 44,313 2,342,100 SH (a) Sole Sole Sara Lee Corp. com 803111103 2,195 116,000 SH (b) Other 1 Sole Sara Lee Jan.15 put com 803111103 44,313 23,421 SH put (a) Sole Sole Sara Lee Jan.15 put com 803111103 2,195 1,160 SH put (b) Other 1 Sole SonoSite, Inc. com 83568G104 8,078 149,986 SH (a) Sole Sole SonoSite, Inc. com 83568G104 474 8,800 SH (b) Other 1 Sole Southern Union Company New com 844030106 126,574 3,005,806 SH (a) Sole Sole Southern Union Company New com 844030106 3,592 85,300 SH (b) Other 1 Sole SuccessFactors, Inc. com 864596101 178,203 4,469,597 SH (a) Sole Sole SuccessFactors, Inc. com 864596101 3,393 85,100 SH (b) Other 1 Sole Select Sector SPDR Trust technology 81369Y803 5,792 2,276 SH (a) Sole Sole Telephone and Data Systems, Inc. spl com 879433860 3,203 134,524 SH (a) Sole Sole Telephone and Data Systems, Inc. spl com 879433860 762 32,008 SH (b) Other 1 Sole Temple-Inland Inc. com 879868107 183,893 5,799,207 SH (a) Sole Sole Temple-Inland Inc. com 879868107 3,807 120,058 SH (b) Other 1 Sole Transatlantic Holdings, Inc. com 893521104 80,408 1,469,169 SH (a) Sole Sole Transatlantic Holdings, Inc. com 893521104 1,549 28,300 SH (b) Other 1 Sole Validus Holdings Ltd. com shs G9319H102 4 117 SH (a) Sole Sole Verizon Communications Inc. com 92343V104 17,524 436,800 SH (a) Sole Sole Verizon Communications Inc. com 92343V104 522 13,000 SH (b) Other 1 Sole Verizon Communications Inc. com 92343V104 17,139 4,272 SH put (a) Sole Sole Verizon Communications Inc. com 92343V104 522 130 SH put (b) Other 1 Sole Vulcan Materials Company com 929160109 25,121 638,400 SH (a) Sole Sole Vulcan Materials Company com 929160109 456 11,600 SH (b) Other 1 Sole Vulcan Materials Company com 929160109 12,561 3,192 SH (a) Sole Sole Vulcan Materials Company com 929160109 228 58 SH (b) Other 1 Sole Walgreen Company com 931422109 58,662 1,774,400 SH (a) Sole Sole Walgreen Company com 931422109 1,508 45,600 SH (b) Other 1 Sole Walgreen Company com 931422109 58,662 17,744 SH put (a) Sole Sole Walgreen Company com 931422109 1,508 456 SH put (b) Other 1 Sole Wells Fargo & Co. perp pfd cnv a 949746804 2,640 2,500 SH (a) Sole Sole Williams Companies, Inc. com 969457100 50,316 15,238 SH put (a) Sole Sole Williams Companies, Inc. com 969457100 958 290 SH put (b) Other 1 Sole Williams Companies, Inc. com 969457100 10,378 3,143 SH put (a) Sole Sole Williams Companies, Inc. com 969457100 188 57 SH put (b) Other 1 Sole Williams Companies, Inc. com 969457100 60,694 1,838,100 SH (a) Sole Sole Williams Companies, Inc. com 969457100 1,146 34,700 SH (b) Other 1 Sole Winn-Dixie Stores, Inc. com 974280307 10,265 1,094,378 SH (a) Sole Sole Winn-Dixie Stores, Inc. com 974280307 1,380 147,096 SH (b) Other 1 Sole Yahoo! Inc. com 984332106 77,687 4,816,300 SH (a) Sole Sole Yahoo! Inc. com 984332106 1,463 90,700 SH (b) Other 1 Sole Yahoo! Inc. com yhoo 120 64,702 40,113 SH put (a) Sole Sole Yahoo! Inc. com yhoo 120 1,463 907 SH put (b) Other 1 Sole TOTAL 4,385,840