13F-HR 1 v184928_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, 2010 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 14, 2010 ----------------------------------- ---------------- -------------------- 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: 47 Form 13F Information Table Value Total: $519,108 (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 ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- ADOBE SYS INC COM COM 00724f101 12634 357186 SH Sole 357186 ALLEGHENY TECHNOLOGIES COM COM 01741r102 10713 198418 SH Sole 198418 AMYLIN PHARMACEUTICALS COM COM 032346108 11525 512470 SH Sole 512470 APPLE COMPUTER INC COM COM 037833100 13360 56866 SH Sole 56866 ARVINMERITOR INC COM COM 043353101 10635 796663 SH Sole 796663 ATLAS ENERGY INC COM COM 049298102 11266 362008 SH Sole 362008 BANK OF AMERICA CORP COM COM 060505104 24792 1388939 SH Sole 1388939 BARCLAYS BK PLC IPATH SHRT ETN COM 06740c527 3333 158663 SH Sole 158663 BLACKROCK INC COM COM 09247x101 5580 25623 SH Sole 25623 CELGENE CORP COM COM 151020104 15368 248026 SH Sole 248026 CIGNA CORP COM 125509109 14059 384333 SH Sole 384333 CNINSURE INC SPONSORED ADR COM 18976m103 5367 201704 SH Sole 201704 COMERICA INC COM COM 200340107 14542 382296 SH Sole 382296 COMMUNITY HLTH SYS NEW COM COM 203668108 13696 370859 SH Sole 370859 CVS CORP COM 126650100 7494 204990 SH Sole 204990 DIGITAL RIV INC COM COM 25388b104 8666 285991 SH Sole 285991 DIGITALGLOBE INC COM 25389m877 12890 461198 SH Sole 461198 EMULEX CORP COM 292475209 6806 512465 SH Sole 512465 FERRO CORP COM COM 315405100 4098 466215 SH Sole 466215 FORTINET INC COM 34959e109 4586 260844 SH Sole 260844 GENWORTH FINL INC COM CL A COM 37247d106 5502 300000 SH Sole 300000 HUMAN GENOME SCIENCES COM COM 444903108 6263 207399 SH Sole 207399 KEYCORP NEW COM COM 493267108 4520 583171 SH Sole 583171 LENDER PROCESSING SVCS COM COM 52602e102 3775 100000 SH Sole 100000 LENNAR CORP CL A COM 526057104 6403 372038 SH Sole 372038 LIBERTY GLOBAL INC COM SER A COM 530555101 10311 353618 SH Sole 353618 LIBERTY MEDIA CORP NEW INT COM COM 53071m104 20799 1358532 SH Sole 1358532 LIBERTY MEDIA CORP NEW LIB STA COM 53071m708 14055 257034 SH Sole 257034 LIBERTY MEDIA HLDG CRP CAP COM COM 53071m302 60246 1656484 SH Sole 1656484 MERCK & CO INC COM COM 58933y105 7656 204987 SH Sole 204987 MOSAIC CO COM COM 61945a107 14128 232483 SH Sole 232483 NEWMONT MINING CORP COM COM 651639106 10440 204985 SH Sole 204985 NOBLE ENRGY INC COM COM 655044105 13251 181514 SH Sole 181514 OWENS CORNING CMN COM 690742101 12428 488509 SH Sole 488509 QUALCOMM INCCMN COM 747525103 14580 347231 SH Sole 347231 RACKSPACE HOSTING INC COM COM 750086100 4720 251990 SH Sole 251990 SALIX PHARMACEUTICALS COM COM 795435106 17662 474135 SH Sole 474135 SENSATA TECHNOLOGIES H SHS COM n7902x106 5660 315145 SH Sole 315145 SOLUTIA INC COM NEW COM 834376501 5895 365936 SH Sole 365936 TALECRIS BIOTHERAPEUTICS COM 874227101 6097 306094 SH Sole 306094 TOYOTA MOTOR CORP SP ADR REP2C COM 892331307 12232 152098 SH Sole 152098 TRIMBLE NAVIGATION LTD COM COM 896239100 7993 278305 SH Sole 278305 TRIUMPH GROUP INC NEW COM COM 896818101 8413 120028 SH Sole 120028 VALE S A ADR COM 91912e105 7984 248026 SH Sole 248026 VIVUS INC COM 928551100 1353 155202 SH Sole 155202 WILLIAMS PARTNERS L P COM UNIT COM 96950f104 18196 452311 SH Sole 452311 WR GRACE & CO COM 38388F108 7136 257062 SH Sole 257062