13F-HR 1 g82147f1e13fvhr.txt OTTER CREEK MANAGEMENT, INC.-12/31/2001 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 13F FORM 13F COVER PAGE Report for the Calendar Year or Quarter Ended: 12-31-01 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: Otter Creek Management, Inc. Address: 400 Royal Palm Way Suite 212 Palm Beach, FL 33480 Form 13F File Number: 28-______ 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: Joseph W. O'Neill, Jr. Title: Chief Financial Officer Phone: 561-832-4110 Signature, Place, and Date of Signing: /s/ J. W. O'Neill, Jr. Palm Beach, FL 4-14-03 ------------------------ ---------------------- ------------ [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).) List of Other Managers Reporting for this Manager: [If there are no entries in this list, omit this section.] Form 13F File Number Name 28- ------------------- --------------------------------- [Repeat as necessary.]
FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 ----------- Form 13F Information Table Entry Total: 85 ----------- Form 13F Information Table Value Total: 100,755 ----------- (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. [If there are no entries in this list, state "NONE" and omit the column headings and list entries.] No. Form 13F File Number Name 28- NONE ---- ------------------- --------------------------------- [Repeat as necessary.]
Otter Creek Management PORTFOLIO APPRAISAL 31-Dec-01 FOR M 13F SUMMARY PAGE Report Summary: Number of other Included Managers: - Form 13F Information Table Entry Total: 85 Form 13F Information Table Value Total: 100,755 FORM 13F INFORMATION TABLE
VOTING AUTHORITY SHARES/ NAME OF ISSUER TITLE OF CLASS CUSIP VALUE (x$1000) PRN AMT ------------------------------------------------ ---------------------------- --------- -------------- --------- ABITIBI-CONSOLIDATED INC COMMON STOCK 003924107 73 10,000 ACCEPTANCE INSURANCE COMPANIES INC COMMON STOCK 004308102 77 15,200 ADAPTEC INC CONV SUB NOTES CONVERTIBLE BONDS 00651fac2 459 494,000 ADELPHIA COMMUNICATIONS CORP CONV SUB NTS 3.25% 05/01/2021 DEFAULTED CORPORATE BONDS 006848bh7 2,013 2,000,000 AEGON NV-ORD AMERICAN REGD DG 1 PAR COMMON STOCK 007924103 755 28,218 ALBANY MOLECULAR RESH INC COM COMMON STOCK 012423109 646 24,400 ALLEGIANT BANCORP INC COM COMMON STOCK 017476102 305 22,217 ANADARKO PETROLEUM APC 0 03/13/21 CONVERTIBLE BONDS 032511AQ0 1,470 1,500,000 ANSWERTHINK INC COMMON STOCK 036916104 406 62,100 APPLIED FILMS CORP COM COMMON STOCK 038197109 972 31,100 ARBOR SOFTWARE CORP SUB NOTE CONV CONVERTIBLE BONDS 038918ac2 51 59,000 ASM LITHOGRAPHY HOLDINGS N V CONV SUB NOTES 144A CONVERTIBLE BONDS 00207eab6 1,526 1,800,000 BANK PLUS CORP COMMON STOCK 064446107 327 45,000 BANKATLANTIC BANCORP INC CONV SUB DEBS CONVERTIBLE BONDS 065908ac9 126 130,000 BOC FINL CORP COM COMMON STOCK 055952105 229 23,506 BURLINGTON RES INC COM COMMON STOCK 122014103 5,256 140,000 CABLE & WIRELESS PLC SPONSORED ADR AMERICAN DEPOSITORY RECEIPTS 126830207 341 23,000 CALDERA INTERNATIONAL INC COMMON STOCK 12877q107 12 14,100 CIENA CORP NT CVT3.750% 02/01/2008 DD 02/09/01 CONVERTIBLE BONDS 171779AA9 3,674 5,740,000 CLARENT CORP COMMON STOCK 180461105 184 611,850 CORNING CVTZEROCPN 11/08/2015 DD 11/08/00 CONVERTIBLE BONDS 219350AJ4 3,105 6,000,000 DECS TRUST IV DECS EXCHANGEABLE INTO MAXTO COMMON STOCK 243664208 757 120,100 DEVON ENERGY COR SR DEB CONVZEROCPN 06/27/2020 DD 12/01/00 CONVERTIBLE BONDS 25179MAD5 4,273 9,549,000 DIAMOND OFFSHORE DRILLING INC DEB ZERO CPN CONVERTIBLE BONDS 25271cac6 2,005 4,000,000 DRUGSTORE COM INC COM COMMON STOCK 262241102 692 354,700 EL PASO CORP CONV DEB 0% CPN CONVERTIBLE BONDS 28336lac3 3,453 8,500,000 ELECTRIC FUEL CORP COM COMMON STOCK 284871100 33 20,000 EMPIRE FEDERAL BANCORP INC COMMON STOCK 291657104 402 27,747 ENERGY FACTORS CV S/D-REG CONVERTIBLE BONDS 292667ab8 332 400,000 EOG RES INC COMMON STOCK 26875p101 391 10,000 EVOLVING SYSTEMS INC COMMON STOCK 30049r100 24 30,000 FINANCIAL INDS CORP COMMON STOCK 317574101 407 30,000 FLOW INTL INC COMMON STOCK 343468104 3,685 297,922 FREEPORT MCMORAN COPPER & GOLD INC-DEP SHS PREFERRED STOCK 35671d600 3,155 136,600 FREEPORT-MCMORAN COPPER & GOLDDEP SH REP 0 CONVERTIBLE PREFERRED 35671D501 678 43,300 GATX CORP COM COMMON STOCK 361448103 748 23,000 GENERAL MOTORS CORP-CL H NEW COMMON STOCK 370442832 386 25,000 GLOBESPAN VIRATA INC COMMON STOCK 37957v106 400 30,906 GREAT LAKES CHEMICAL CORP COMMON STOCK 390568103 243 10,000 HANOVER COMPRESSOR CONVERTIBLE BONDS 410768ac9 2,294 2,500,000 HANOVER COMPRESSOR CO HOLDING CO COMMON STOCK 410768105 323 12,800 HOME FEDERAL BANCORP COMMON STOCK 436926109 448 24,000 HUMAN GENOME SCIENCES INC SUB NTE CONV CONVERTIBLE BONDS 444903af5 450 500,000 INNOVEDA INC COM COMMON STOCK 45769f102 290 161,100 INTERNAP NETWORK SVCS CORP COM COMMON STOCK 45885A102 458 394,900 INTERNATIONAL RECTIFIER CORP4.250% 07/15/2007 DD 07/19/00 CONVERTIBLE BONDS 460254AE5 6,580 8,000,000 JUNIPER NETWORKS INC SUB NT CONV CONVERTIBLE BONDS 48203raa2 1,445 2,000,000 KERR MCGEE CORP DECS % EXCHANGEABLE INTO C PREFERRED STOCK 492386305 1,406 37,000 LSB FINANCIAL CORP COMMON STOCK 501925101 398 24,500 MAVERICK TUBE CORP COM COMMON STOCK 577914104 3,080 237,800 MERCURY INTERACTIVE CORP SUB NT CONV CONVERTIBLE BONDS 589405ab5 1,618 2,000,000 MOTOROLA INC SUB LIQUID YLD OPT NOTE ZERO CONVERTIBLE BONDS 620076aj8 1,593 2,124,000 NATIONAL-OILWELL INC COMMON STOCK 637071101 1,443 70,000 NIAGARA MOHAWK HLDGS COM COMMON STOCK 653520106 1,330 75,000 OAK INDUSTRIES INC SUB CONV NTS CONVERTIBLE BONDS 671400al3 1,209 1,353,000 OMNIVISION TECHNOLOGIES INC COMMON STOCK 682128103 146 16,300 PARK ELECTROCHEMICAL COM COMMON STOCK 700416209 660 25,000 PC-TEL INC COM COMMON STOCK 69325Q105 622 64,100 PETROCORP INC COMMON STOCK 71645N101 3,893 432,530 PHARMACEUTICAL HOLDRS TR DEPOSITARY RCPT COMMON STOCK 71712a206 246 2,500 Progress Energy-CONT. VALUE OBLIG. COMMON STOCK 743263aa3 118 337,000 QUANTUM CORP CONV SUB NOTE CONVERTIBLE BONDS 747906ac9 880 1,000,000 SAGE INC COMMON STOCK 786632109 2,554 68,900 SEALED AIR CORP NEW COMMON STOCK 81211k100 286 7,000 SHAW GROUP INC LIQUID YIELD OPT NT 144A CONVERTIBLE BONDS 820280aa3 1,015 2,000,000 SHAW GROUP INC LIQUID YIELDXEROCPN 05/01/2021 DD 06/19/01 CONVERTIBLE BONDS 820280AC9 2,411 4,750,000 SIGNAL TECHNOLOGY CORP COMMON STOCK 826675100 488 85,200 SILVERSTREAM SOFTWARE COM COMMON STOCK 827907106 68 10,000 SOLECTRON CORP SR LIQUID YIELD OPT NTE CONVERTIBLE BONDS 834182AJ6 1,266 2,500,000 SOLECTRON CORP SR LIQUID YIELD OPT NTE CONVERTIBLE BONDS 834182ak3 4,717 8,900,000 SOUTHWEST GAS CORP COM COMMON STOCK 844895102 1,077 48,200 STANDARD MOTOR PRODUCTS INC SUB DEB CONV CONVERTIBLE BONDS 853666ab1 738 1,000,000 TELXON CORP SUB NT CV CONVERTIBLE BONDS 879700ac6 2,379 2,465,000 THREE-FIVE SYS INC COMMON STOCK 88554L108 1,604 100,800 TIDEWATER INC COM COMMON STOCK 866423102 339 10,000 TIVO INC COMMON STOCK 888706108 66 10,100 TRANSWITCH CORP CONVERTIBLE BONDS 894065ab7 995 1,700,000 TRIMBLE NAV LTD COMMON STOCK 896239100 1,778 109,700 TRIQUINT SEMICONDUCTOR INC CONV SUB NOTE REGD CONVERTIBLE BONDS 89674kab9 730 1,000,000 UNB CORP OHIO COM COMMON STOCK 903056109 186 10,000 USF&g SPC 0 03/03/09 CONVERTIBLE BONDS 903290AD6 764 1,000,000 VESTA INS GROUP INC COM COMMON STOCK 92591104 700 87,500 WESTAIM CORP COM COMMON STOCK 956909105 219 53,800 WESTAR ENERGY INC COMMON STOCK 95709t100 516 30,000 WIND RIVER SYSTEMS INC CONV SUB NOTES CONVERTIBLE BONDS 973149ac1 858 880,000 VOTING AUTHORITY SH/ PUT/INVSTMT OTHER NAME OF ISSUER PRN CALL DSCRETN MANAGERS SOLE SHARED ------------------------------------------------ --- ------------ ------------- ------ ABITIBI-CONSOLIDATED INC SH SOLE 10,000 ACCEPTANCE INSURANCE COMPANIES INC SH SOLE 15,200 ADAPTEC INC CONV SUB NOTES PRN SOLE 494,000 ADELPHIA COMMUNICATIONS CORP CONV SUB NTS 3.25% 05/01/2021 PRN SOLE 2,000,000 AEGON NV-ORD AMERICAN REGD DG 1 PAR SH SOLE 28,218 ALBANY MOLECULAR RESH INC COM SH SOLE 24,400 ALLEGIANT BANCORP INC COM SH SOLE 22,217 ANADARKO PETROLEUM APC 0 03/13/21 PRN SOLE 1,500,000 ANSWERTHINK INC SH SOLE 62,100 APPLIED FILMS CORP COM SH SOLE 31,100 ARBOR SOFTWARE CORP SUB NOTE CONV PRN SOLE 59,000 ASM LITHOGRAPHY HOLDINGS N V CONV SUB NOTES 144A PRN SOLE 1,800,000 BANK PLUS CORP SH SOLE 45,000 BANKATLANTIC BANCORP INC CONV SUB DEBS PRN SOLE 130,000 BOC FINL CORP COM SH SOLE 23,506 BURLINGTON RES INC COM SH SOLE 140,000 CABLE & WIRELESS PLC SPONSORED ADR SH SOLE 23,000 CALDERA INTERNATIONAL INC SH SOLE 14,100 CIENA CORP NT CVT3.750% 02/01/2008 DD 02/09/01 PRN SOLE 5,740,000 CLARENT CORP SH SOLE 611,850 CORNING CVTZEROCPN 11/08/2015 DD 11/08/00 PRN SOLE 6,000,000 DECS TRUST IV DECS EXCHANGEABLE INTO MAXTO SH SOLE 120,100 DEVON ENERGY COR SR DEB CONVZEROCPN 06/27/2020 DD 12/01/00 PRN SOLE 9,549,000 DIAMOND OFFSHORE DRILLING INC DEB ZERO CPN PRN SOLE 4,000,000 DRUGSTORE COM INC COM SH SOLE 354,700 EL PASO CORP CONV DEB 0% CPN PRN SOLE 8,500,000 ELECTRIC FUEL CORP COM SH SOLE 20,000 EMPIRE FEDERAL BANCORP INC SH SOLE 27,747 ENERGY FACTORS CV S/D-REG PRN SOLE 400,000 EOG RES INC SH SOLE 10,000 EVOLVING SYSTEMS INC SH SOLE 30,000 FINANCIAL INDS CORP SH SOLE 30,000 FLOW INTL INC SH SOLE 297,922 FREEPORT MCMORAN COPPER & GOLD INC-DEP SHS SH SOLE 136,600 FREEPORT-MCMORAN COPPER & GOLDDEP SH REP 0 SH SOLE 43,300 GATX CORP COM SH SOLE 23,000 GENERAL MOTORS CORP-CL H NEW SH SOLE 25,000 GLOBESPAN VIRATA INC SH SOLE 30,906 GREAT LAKES CHEMICAL CORP SH SOLE 10,000 HANOVER COMPRESSOR PRN SOLE 2,500,000 HANOVER COMPRESSOR CO HOLDING CO SH SOLE 12,800 HOME FEDERAL BANCORP SH SOLE 24,000 HUMAN GENOME SCIENCES INC SUB NTE CONV PRN SOLE 500,000 INNOVEDA INC COM SH SOLE 161,100 INTERNAP NETWORK SVCS CORP COM SH SOLE 394,900 INTERNATIONAL RECTIFIER CORP4.250% 07/15/2007 DD 07/19/00 PRN SOLE 8,000,000 JUNIPER NETWORKS INC SUB NT CONV PRN SOLE 2,000,000 KERR MCGEE CORP DECS % EXCHANGEABLE INTO C SH SOLE 37,000 LSB FINANCIAL CORP SH SOLE 24,500 MAVERICK TUBE CORP COM SH SOLE 237,800 MERCURY INTERACTIVE CORP SUB NT CONV PRN SOLE 2,000,000 MOTOROLA INC SUB LIQUID YLD OPT NOTE ZERO PRN SOLE 2,124,000 NATIONAL-OILWELL INC SH SOLE 70,000 NIAGARA MOHAWK HLDGS COM SH SOLE 75,000 OAK INDUSTRIES INC SUB CONV NTS PRN SOLE 1,353,000 OMNIVISION TECHNOLOGIES INC SH SOLE 16,300 PARK ELECTROCHEMICAL COM SH SOLE 25,000 PC-TEL INC COM SH SOLE 64,100 PETROCORP INC SH SOLE 432,530 PHARMACEUTICAL HOLDRS TR DEPOSITARY RCPT SH SOLE 2,500 Progress Energy-CONT. VALUE OBLIG. SH SOLE 337,000 QUANTUM CORP CONV SUB NOTE PRN SOLE 1,000,000 SAGE INC SH SOLE 68,900 SEALED AIR CORP NEW SH SOLE 7,000 SHAW GROUP INC LIQUID YIELD OPT NT 144A PRN SOLE 2,000,000 SHAW GROUP INC LIQUID YIELDXEROCPN 05/01/2021 DD 06/19/01 PRN SOLE 4,750,000 SIGNAL TECHNOLOGY CORP SH SOLE 85,200 SILVERSTREAM SOFTWARE COM SH SOLE 10,000 SOLECTRON CORP SR LIQUID YIELD OPT NTE PRN SOLE 2,500,000 SOLECTRON CORP SR LIQUID YIELD OPT NTE PRN SOLE 8,900,000 SOUTHWEST GAS CORP COM SH SOLE 48,200 STANDARD MOTOR PRODUCTS INC SUB DEB CONV PRN SOLE 1,000,000 TELXON CORP SUB NT CV PRN SOLE 2,465,000 THREE-FIVE SYS INC SH SOLE 100,800 TIDEWATER INC COM SH SOLE 10,000 TIVO INC SH SOLE 10,100 TRANSWITCH CORP PRN SOLE 1,700,000 TRIMBLE NAV LTD SH SOLE 109,700 TRIQUINT SEMICONDUCTOR INC CONV SUB NOTE REGD PRN SOLE 1,000,000 UNB CORP OHIO COM SH SOLE 10,000 USF&g SPC 0 03/03/09 PRN SOLE 1,000,000 VESTA INS GROUP INC COM SH SOLE 87,500 WESTAIM CORP COM SH SOLE 53,800 WESTAR ENERGY INC SH SOLE 30,000 WIND RIVER SYSTEMS INC CONV SUB NOTES PRN SOLE 880,000