13F-HR 1 d1285208_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: March 31, 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: X-10 Capital Partners (QP), LP Address: 201 North Union Street, Suite 300 Alexandria, Virginia 22314 13F File Number: 028-14092 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: Mark J. Kington Title: Managing Member Phone: (703) 519-7991 Signature, Place and Date of Signing: /s/ Mark J. Kington Alexandria, Virginia May 10, 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: 1 Form 13F Information Table Entry Total: 34 Form 13F Information Table Value Total: $82,408 (thousands) List of Other Included Managers: Form 13F File Number Name 028-14091 X-10 Capital Management, LLC FORM 13F INFORMATION TABLE X-10 Capital Partners (QP), LP March 31, 2012 FORM 13F INFORMATION TABLE COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 TITLE VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY NAME OF ISSUER OF CLASS CUSIP (X1000) PRN AMT PRN CALL DISCRETION MNGRS SOLE SHARED NONE AKAMAI TECHNOLOGIES INC COM 00971T101 807 22,000 SH Defined 22,000 AMERICAN AXLE & MFG HLDGS IN COM 024061103 3,068 262,000 SH Defined 262,000 APOLLO GLOBAL MGMT LLC CL A SHS 037612306 1,157 81,000 SH Defined 81,000 APPLE INC COM 037833100 3,792 6,325 SH Defined 6,325 BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 6,492 80,000 SH Defined 80,000 BROADCOM CORP CL A 111320107 3,734 95,000 SH Defined 95,000 CAREFUSION CORP COM 14170T101 2,334 90,000 SH Defined 90,000 CHARTER COMMUNICATIONS INC D CL A NEW 16117M305 1,110 17,500 SH Defined 17,500 CHECK POINT SOFTWARE TECH LT ORD M22465104 1,979 31,000 SH Defined 31,000 CHESAPEAKE LODGING TR SH BEN INT 165240102 2,902 161,471 SH Defined 161,471 CHINA UNICOM (HONG KONG) LTD SPONSORED ADR 16945R104 1,554 92,500 SH Defined 92,500 CITY TELECOM H K LTD SPONSORED ADR 178677209 3,502 262,511 SH Defined 262,511 COMCAST CORP NEW CL A 20030N101 5,462 182,000 SH Defined 182,000 DELTA AIR LINES INC DEL COM NEW 247361702 1,635 165,000 SH Defined 165,000 DOW CHEM CO COM 260543103 2,650 76,500 SH Defined 76,500 FEDEX CORP COM 31428X106 3,991 43,400 SH Defined 43,400 GENERAL MTRS CO COM 37045V100 4,807 187,400 SH Defined 187,400 GOODYEAR TIRE & RUBR CO COM 382550101 1,077 96,000 SH Defined 96,000 GOOGLE INC CL A 38259P508 2,308 3,600 SH Defined 3,600 LIHUA INTL INC COM 532352101 2,020 351,332 SH Defined 351,332 LYONDELLBASELL INDUSTRIES N SHS - A - N53745100 2,204 50,500 SH Defined 50,500 MARVELL TECHNOLOGY GROUP LTD ORD G5876H105 999 63,500 SH Defined 63,500 MINDSPEED TECHNOLOGIES INC COM NEW 602682205 389 61,000 SH Defined 61,000 MOBILE TELESYSTEMS OJSC SPONSORED ADR 607409109 2,819 153,700 SH Defined 153,700 MOSAIC CO NEW COM 61945C103 1,051 19,000 SH Defined 19,000 NET 1 UEPS TECHNOLOGIES INC COM NEW 64107N206 2,336 258,400 SH Defined 258,400 P T TELEKOMUNIKASI INDONESIA SPONSORED ADR 715684106 3,309 109,000 SH Defined 109,000 POTASH CORP SASK INC COM 73755L107 909 19,900 SH Defined 19,900 RAYTHEON CO COM NEW 755111507 2,138 40,500 SH Defined 40,500 SANDISK CORP COM 80004C101 1,299 26,200 SH Defined 26,200 TIMKEN CO COM 887389104 822 16,200 SH Defined 16,200 UNITED CONTL HLDGS INC COM 910047109 1,645 76,500 SH Defined 76,500 VIMPELCOM LTD SPONSORED ADR 92719A106 2,511 225,000 SH Defined 225,000 VODAFONE GROUP PLC NEW SPONS ADR NEW 92857W209 3,597 130,000 SH Defined 130,000