13F-HR 1 v131960_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: September 30, 2008 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 November 14, 2008 ----------------------------------- ---------------- -------------------- 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: 33 Form 13F Information Table Value Total: $169,237(thousands) 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 ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- AMERICAN WATER WORKS CO INC COM 030420103 5999 279014 SH Sole 225236 53778 AMYLIN PHARMACEUTICALS COM COM 032346108 7726 382100 SH Sole 308780 73320 ARCH COAL INC COM COM 039380100 4934 150000 SH Sole 121245 28755 BP PLC SPONSORED ADR COM 055622104 10553 210335 SH Sole 170014 40321 BREITBURN ENERGY PRTNR COM UT COM 106776107 943 63450 SH Sole 51286 12164 CADENCE PHARMACEUTICAL COM COM 12738t100 4583 516157 SH Sole 416566 99591 CORRECTIONS CP AM NEW COM NEW COM 22025y407 7569 304600 SH Sole 246337 58263 COVANTA HLDG CORP COM COM 22282e102 3494 145964 SH Sole 118038 27926 DIRECTV GROUP INC COM COM 25459l106 10472 400000 SH Sole 323369 76631 DISCOVERY COMMUNICATIONS-A COM 25470f104 1069 74999 SH Sole 60507 14492 DISCOVERY COMMUNICATIONS-C COM 25470f302 1062 74999 SH Sole 60507 14492 ENERGY SOLUTIONS INC COM 292756202 1311 131100 SH Sole 105969 25131 EQUITABLE RES INC COM COM 294549100 3668 100000 SH Sole 80811 19189 EXXON MOBIL CORPORATIONCMN COM 30231g102 10096 130000 SH Sole 105081 24919 FLUOR CORP NEW COM COM 343412102 2183 39200 SH Sole 31685 7515 FREEPORT-MCMORAN COP&G CL B COM 35671d857 5496 96675 SH Sole 78139 18536 INTERFACE INC-CL A COM 458665106 1595 140325 SH Sole 114149 26176 JPMORGAN & CHASE & CO COM COM 46625h100 4380 93800 SH Sole 75819 17981 MICROSOFT CORP COM COM 594918104 14680 550000 SH Sole 444564 105436 MYLAN INC COM COM 628530107 2855 250000 SH Sole 202055 47945 NATIONAL CINEMEDIA COM 635309107 2981 269731 SH Sole 218034 51697 NORTHERN TRUST COM 665859104 9361 129653 SH Sole 104717 24936 OWENS CORNING CMN COM 690742101 2533 105950 SH Sole 85207 20743 OWENS-ILLINOIS INC COM 690768403 353 11995 SH Sole 9695 2300 PEOPLES UTD FINL INC COM COM 712704105 6376 331212 SH Sole 267707 63505 PETROHAWK ENERGY CORP COM COM 716495106 3972 183653 SH Sole 148444 35209 PETROLEO BRASILEIRO SA SPONSOR COM 71654v408 8033 182783 SH Sole 147738 35045 POLYPORE INTL INC COM COM 73179v103 2514 116885 SH Sole 94847 22038 QUALCOMM INCCMN COM 747525103 8594 200000 SH Sole 161819 38181 REGENCY ENERGY PARTNERS LP COM 75885y107 4049 220749 SH Sole 178444 42305 SEQUENOM INC COM NEW COM 817337405 9317 350000 SH Sole 282906 67094 SOLUTIA INC COM NEW COM 834376501 1270 90700 SH Sole 73356 17344 VIACOM INC-CLASS B COM 92553p201 5216 210000 SH Sole 169743 40257