13F-HR 1 v042821_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: March 31, 2006 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: Independence Capital Asset Partners, LLC Address: 1400 16th Street, Suite 520 Denver, CO 80202 13F File Number: 028-11636 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 submission. Person Signing this Report on Behalf of Reporting Manager: Name: Anita E. Falicia Title: Principal Phone: 303-209-4100 Signature, Place, and Date of Signing: /s/ Anita E. Falicia Denver, CO May 15, 2006 ----------------------------------- ---------------- -------------------- Report Type (Check only one.): |X| 13F HOLDINGS REPORT. |_| 13F NOTICE. |_| 13F COMBINATION REPORT. List of Other Managers Reporting for this Manager: NONE FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 Form 13F Information Table Entry Total: 70 Form 13F Information Table Value Total: $344,381 List of Other Included Managers: N/A
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 ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- AETNA INCCMN COM 00817y108 9137 185945 SH Sole 146322 39623 AFFILIATED MANAGERS GROUP INCC COM 008252108 13539 127000 SH Sole 100291 26709 ALASKA AIR GROUP INC COM COM 011659109 3565 100562 SH Sole 79348 21214 ALLEGHENY TECHNOLOGIES COM COM 01741r102 6767 110611 SH Sole 85009 25602 ALON USA ENERGY INC COM COM 020520102 3156 128170 SH Sole 100387 27783 AMYLIN PHARMACEUTICALS COM COM 032346108 12292 251112 SH Sole 197623 53489 ARCH COAL INC COM COM 039380100 3797 50000 SH Sole 39347 10653 BAKER HUGHES INC COM COM 057224107 3420 50000 SH Sole 39350 10650 BUCYRUS INTL INC NEW CL A COM 118759109 10392 215637 SH Sole 168854 46783 CARTER INC COM COM 146229109 13682 202720 SH Sole 160073 42647 CHICAGO BRIDGE & IRON N Y REGI COM 167250109 5683 236810 SH Sole 186760 50050 CHINA GRENTECH CORP ADR COM 16938p107 1539 90000 SH Sole 71442 18558 CLEAR CHANNEL COMMUN COM COM 184502102 1305 45000 SH Sole 35534 9466 CLEAR CHANNEL OUTDOOR CL A COM 18451c109 1407 60000 SH Sole 47297 12703 CLEVELAND CLIFFS,INC (HLDG CO) COM 185896107 3779 43378 SH Sole 34121 9257 COMPUTER PROGRAMS&SYS COM COM 205306103 3873 77454 SH Sole 61328 16126 COPA HOLDINGS SA CL A COM p31076105 3805 166506 SH Sole 131452 35054 COVANTA HLDG CORP COM COM 22282e102 3846 230714 SH Sole 181679 49035 DAYSTAR TECHNOLOGIES COM COM 23962q100 567 43080 SH Sole 33724 9356 DEXCOM INC COM COM 252131107 6592 325200 SH Sole 256769 68431 EVERGREEN SOLAR INC COM COM 30033r108 924 60000 SH Sole 46907 13093 EXXON MOBIL CORPORATIONCMN COM 30231g102 4704 77287 SH Sole 60813 16474 FOSTER L B CO COM COM 350060109 1137 58505 SH Sole 46137 12368 FOSTER WHEELER LTD SHS NEW COM g36535139 3025 63934 SH Sole 50379 13555 FRANKLIN RESOURCES INCCMN COM 354613101 10366 110000 SH Sole 86600 23400 FRONTLINE LTDCMN ISIN: BMG368 COM g3682e127 837 25000 SH Sole 25000 GENENTECH INC.CMN COM 368710406 5916 70000 SH Sole 55085 14915 GOL LINHAS AEREAS INT SP ADR R COM 38045r107 2680 100000 SH Sole 78695 21305 H & E EQUIP SVCS INC COM COM 404030108 2912 100000 SH Sole 78924 21076 HALLIBURTON CO COM COM 406216101 4977 68163 SH Sole 53650 14513 HARRAHS ENTMT INCCMN COM 413619107 14812 190000 SH Sole 150022 39978 HEXCEL CORP NEW COM COM 428291108 5722 260448 SH Sole 204712 55736 INFRASOURCE SVCS INC COM COM 45684p102 2791 162202 SH Sole 132457 29745 IPSCO INCCMN COM 462622101 8499 81648 SH Sole 64225 17423 JLG INDS INC COM COM 466210101 933 30300 SH Sole 23845 6455 JOY GLOBAL INC COM COM 481165108 3023 50580 SH Sole 40296 10284 KERZNER INTERNATIONAL SHS COM p6065y107 3580 46000 SH Sole 36318 9682 LAS VEGAS SANDS COM 517834107 17848 315000 SH Sole 248833 66167 LIONBRIDGE TECH INC COM COM 536252109 2308 291744 SH Sole 229999 61745 MANITOWOC INC COM COM 563571108 4063 44571 SH Sole 34093 10478 MONSANTO CO COM 61166W101 6161 72700 SH Sole 57219 15481 MORGAN STANLEY COM NEW COM 617446448 8795 140000 SH Sole 110236 29764 MORTONS REST GRP INC COM COM 619430101 912 52500 SH Sole 44022 8478 MYOGEN INC COM COM 62856e104 2898 80000 SH Sole 62958 17042 NORTHFIELD LABS INC COM COM 666135108 948 94782 SH Sole 75228 19554 OREGON STL MLS INC COM COM 686079104 6964 136090 SH Sole 107145 28945 QUALCOMM INCCMN COM 747525103 11233 221956 SH Sole 174723 47233 REGAL ENTMT GROUP CL A COM 758766109 2222 118113 SH Sole 93425 24688 RYLAND GROUP INC COM COM 783764103 4422 63724 SH Sole 50241 13483 SHIP FINANCE INTERNATIONAL LTD COM g81075106 342 19916 SH Sole 19916 SIERRA PAC RES NEW COM COM 826428104 2864 207407 SH Sole 163556 43851 TEREX CORP NEW COM COM 880779103 5547 70000 SH Sole 55234 14766 THESTREET COM COM COM 88368q103 812 107428 SH Sole 84794 22634 TRANSOCEAN INC ORD COM g90078109 6292 78350 SH Sole 61671 16679 UNION PACIFIC CORP.CMN COM 907818108 8023 85941 SH Sole 67625 18316 UNITED STATES STEEL CORPCMN COM 912909108 4608 75934 SH Sole 59746 16188 WABTEC CORP COM COM 929740108 4419 135555 SH Sole 107286 28269 WILLIAMS COS INC DEL COM COM 969457100 5715 267200 SH Sole 210194 57006 ALLEGHENY TECHNOLOGIES COM COM 01741r102 3059 50000 PUT Sole 39400 10600 ALLEGHENY TECHNOLOGIES COM COM 01741r102 3059 50000 PUT Sole 39300 10700 AMYLIN PHARMACEUTICALS COM COM 032346108 4910 100300 PUT Sole 80700 19600 BUCYRUS INTL INC NEW CL A COM 118759109 5045 104700 PUT Sole 82200 22500 JOY GLOBAL INC COM COM 481165108 2988 50000 PUT Sole 39800 10200 MANITOWOC INC COM COM 563571108 3646 40000 PUT Sole 31500 8500 OREGON STL MLS INC COM COM 686079104 3582 70000 PUT Sole 55100 14900 OREGON STL MLS INC COM COM 686079104 3377 66000 PUT Sole 51900 14100 OREGON STL MLS INC COM COM 686079104 4247 83000 PUT Sole 65500 17500 QUALCOMM INCCMN COM 747525103 7591 150000 PUT Sole 118100 31900 UNITED STATES STEEL CORPCMN COM 912909108 4551 75000 PUT Sole 59000 16000 KB HOME COM 48666K109 1949 30000 CALL Sole 23600 6400