13F-HR/A 1 karsch3q12a1.txt FORM 13F AMENDMENT FILING 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, 2012 Check here if Amendment [ X]; Amendment Number: 1 This Amendment (Check only one.): [ X] is a restatement. [ ] adds new holdings entries. Institutional Investment Manager Filing this Report: Name: Karsch Capital Management, LP Address: 110 East 59th Street 27th Floor New York, NY 10022 13F File Number: 028-10078 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: Michael A. Karsch Title: Principal Phone: (212) 507-9782 Signature, Place, and Date of Signing: /s/ Michael A. Karsch New York, NY/USA November 29, 2012 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: 50 Form 13F Information Table Value Total: $2,182,090 (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 ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- ABBOTT LABS COM 002824100 15376 224270 SH SOLE 224270 0 0 ALLERGAN INC COM 018490102 46138 503800 SH SOLE 503800 0 0 AMERICAN AXLE & MFG HLDGS IN COM 024061103 5869 520740 SH SOLE 520740 0 0 AMERICAN INTL GROUP INC COM NEW 026874784 117095 3571050 SH SOLE 3571050 0 0 ANHEUSER BUSCH INBEV SA/NV SPONSORED ADR 03524a108 17589 204740 SH SOLE 204740 0 0 APPLE INC COM 037833100 55403 83030 SH SOLE 83030 0 0 BEAM INC COM 073730103 21546 374461 SH SOLE 374461 0 0 CAPITAL ONE FINL CORP COM 14040h105 68926 1209020 SH SOLE 1209020 0 0 CBS CORP NEW CL B 124857202 45028 1239408 SH SOLE 1239408 0 0 CHARTER COMMUNICATIONS INC D CL A NEW 16117m305 38467 512420 SH SOLE 512420 0 0 CHENIERE ENERGY INC COM NEW 16411r208 10625 683260 SH SOLE 683260 0 0 CITRIX SYS INC COM 177376100 22792 297665 SH SOLE 297665 0 0 COMCAST CORP NEW CL A 20030n101 21394 598100 SH SOLE 598100 0 0 CVS CAREMARK CORPORATION COM 126650100 24604 508130 SH SOLE 508130 0 0 DEMAND MEDIA INC COM 24802n109 4007 368600 SH SOLE 368600 0 0 DISCOVER FINL SVCS COM 254709108 12126 305200 SH CALL SOLE 305200 0 0 DISNEY WALT CO COM DISNEY 254687106 93696 1792196 SH SOLE 1792196 0 0 DOLLAR GEN CORP NEW COM 256677105 18562 360140 SH SOLE 360140 0 0 E M C CORP MASS COM 268648102 45263 1659820 SH SOLE 1659820 0 0 E TRADE FINANCIAL CORP COM NEW 269246401 14115 1602210 SH SOLE 1602210 0 0 EBAY INC COM 278642103 20753 428688 SH SOLE 428688 0 0 EQUINIX INC COM NEW 29444u502 2969 14410 SH SOLE 14410 0 0 EXPRESS SCRIPTS HLDG CO COM 30219g108 130355 2080023 SH SOLE 2080023 0 0 FORTUNE BRANDS HOME & SEC IN COM 34964c106 18950 701610 SH SOLE 701610 0 0 GOLAR LNG LTD BERMUDA SHS g9456a100 24465 633980 SH SOLE 633980 0 0 HOME DEPOT INC COM 437076102 48096 796690 SH SOLE 796690 0 0 HUMANA INC COM 444859102 22224 316808 SH SOLE 316808 0 0 INGERSOLL-RAND PLC SHS g47791101 60386 1347300 SH SOLE 1347300 0 0 KANSAS CITY SOUTHERN COM NEW 485170302 4962 65484 SH SOLE 65484 0 0 LINKEDIN CORP COM CL A 53578a108 22186 184270 SH SOLE 184270 0 0 LOWES COS INC COM 548661107 24366 805750 SH SOLE 805750 0 0 LUMBER LIQUIDATORS HLDGS INC COM 55003t107 4249 83830 SH SOLE 83830 0 0 MASTERCARD INC CL A 57636q104 16511 36570 SH SOLE 36570 0 0 MOSAIC CO NEW COM 61945c103 83387 1447440 SH SOLE 1447440 0 0 NEWS CORP CL A 65248e104 34315 1398918 SH SOLE 1398918 0 0 PFIZER INC COM 717081103 38177 1536300 SH CALL SOLE 1536300 0 0 PFIZER INC COM 717081103 66610 2680500 SH SOLE 2680500 0 0 QUALCOMM INC COM 747525103 44527 712550 SH SOLE 712550 0 0 RPM INTL INC COM 749685103 7409 259600 SH SOLE 259600 0 0 SALLY BEAUTY HLDGS INC COM 79546e104 5028 200380 SH SOLE 200380 0 0 SELECT SECTOR SPDR TR SBI INT-FINL 81369Y605 70155 4500000 SH CALL SOLE 4500000 0 0 SPDR S&P 500 ETF TR TR UNIT 78462F103 259030 1799200 SH PUT SOLE 1799200 0 0 STARWOOD PPTY TR INC COM 85571b105 21442 921426 SH SOLE 921426 0 0 TIME WARNER CABLE INC COM 88732j207 57744 607450 SH SOLE 607450 0 0 TYCO INTERNATIONAL LTD SHS h89128104 167600 2979023 SH SOLE 2979023 0 0 TYCO INTERNATIONAL LTD-W/I SHS h89128112 57828 2110510 SH SOLE 2110510 0 0 VALSPAR CORP COM 920355104 47881 853490 SH SOLE 853490 0 0 WELLS FARGO & CO NEW COM 949746101 24216 701300 SH CALL SOLE 701300 0 0 WELLS FARGO & CO NEW COM 949746101 24624 713110 SH SOLE 713110 0 0 WEYERHAEUSER CO COM 962166104 73024 2793570 SH SOLE 2793570 0 0