13F-HR 1 dec.txt DECEMBER 2005 13F UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F FORM 13F COVER PAGE Report for the Calendar Year or Quarter Ended: December 31, 2005 ? Check here if Amendment [ ] ? This Amendment (check only one.): [ ] is a restatement [ ] adds new holdings entries Institutional Investment Manager Filing this Report: Name: Del Mar Asset Management, LP Address: 711 Fifth Avenue, 5th Floor ? New York, NY 10022 ? ? ? ? Form 13F File Number: The institutional investment manager filing this report and the person by whom it is signed hereby request 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: Marc Simons ? ? Title: Chief Operating Officer ? Phone: 212-328-7140 ? ? Signature, Place and Date of Signing: ?Marc Simons ? ? ?New York, NY ? ? ?1/26/06 [Signature] [City, State] [Date] Report Type (Check only one.): [ X ] 13F HOLDINGS REPORT. (Check here if all holdings of this report 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).) FORM 13F SUMMARY PAGE Number of Other Included Managers: ? 0 Form 13F Information Table Entry Total: ? 178 Form 13F Information Table Value Total: ? $362,762 (thousands) List of Other Included Managers: NONE FORM 13F INFORMATION TABLE COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (X$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE ACTIVISION INC NEW COM NEW 004930202 372 27100 SH SOLE X ACTIVISION INC NEW PUT 004930952 687 500 SH PUT SOLE X AGILENT TECHNOLOGIES INC CALL 00846U901 186 56 SH CALL SOLE X AGILENT TECHNOLOGIES INC COM 00846U101 2,335 70152 SH SOLE X AGILENT TECHNOLOGIES INC PUT 00846U951 3,788 1138 SH PUT SOLE X ALBERTSONS INC CALL 013104904 225 100 SH CALL SOLE X ALBERTSONS INC CALL 013104904 1,127 500 SH CALL SOLE X ALBERTSONS INC CALL 013104904 1,211 537 SH CALL SOLE X ALBERTSONS INC CALL 013104904 1,691 750 SH CALL SOLE X ALBERTSONS INC CALL 013104904 2,819 1250 SH CALL SOLE X ALBERTSONS INC COM 013104104 1,379 61175 SH SOLE X ALBERTSONS INC PUT 013104954 1,691 750 SH PUT SOLE X ALBERTSONS INC PUT 013104954 3,101 1375 SH PUT SOLE X ALBERTSONS INC PUT 013104954 451 200 SH PUT SOLE X ALBERTSONS INC PUT 013104954 2,819 1250 SH PUT SOLE X AMR CORP CALL 001765906 1,112 500 SH CALL SOLE X AMR CORP CALL 001765906 667 300 SH CALL SOLE X AMR CORP COM 001765106 109 4900 SH SOLE X AMR CORP PUT 001765956 5,558 2500 SH PUT SOLE X ANNTAYLOR STORES CORP CALL 036115903 690 200 SH CALL SOLE X ANTEON INTL CORP CALL 03674E908 11 2 SH CALL SOLE X APPLE COMPUTER INC COM 037833100 359 5000 SH SOLE X APPLE COMPUTER INC PUT 037833950 3,595 500 SH PUT SOLE X AVID TECHNOLOGY INC CALL 05367P900 5,476 1000 SH CALL SOLE X BED BATH & BEYOND INC COM 075896100 615 17000 SH SOLE X BED BATH & BEYOND INC PUT 075896950 904 250 SH PUT SOLE X BEVERLY ENTERPRISES INC CALL 087851909 584 500 SH CALL SOLE X BEVERLY ENTERPRISES INC NOTE 2.750%11/0 087851AR2 11,186 7000000 PRN SOLE X BEVERLY ENTERPRISES INC PUT 087851959 584 500 SH PUT SOLE X BLOCKBUSTER INC CLA 093679108 234 62400 SH SOLE X BLOCKBUSTER INC PUT 093679958 274 730 SH PUT SOLE X BOSTON SCIENTIFIC CORP COM 101137107 1,837 75000 SH SOLE X CARMAX INC COM 143130102 166 6000 SH SOLE X CARMAX INC PUT 143130952 692 250 SH PUT SOLE X CHIRON CORP CALL 170040909 1,868 415 SH CALL SOLE X COGNOS INC CALL 19244C909 281 81 SH CALL SOLE X COGNOS INC COM 19244C109 364 10500 SH SOLE X COGNOS INC PUT 19244C959 1,027 296 SH PUT SOLE X COMPUTER SCIENCES CORP COM 205363104 810 16000 SH SOLE X COMPUTER SCIENCES CORP PUT 205363954 2,532 500 SH PUT SOLE X COMPUTER SCIENCES CORP PUT 205363954 279 55 SH PUT SOLE X CONOR MEDSYSTEMS INC CALL 208264901 600 310 SH CALL SOLE X CTRIP COM INTL LTD ADR 22943F100 10 100 SH SOLE X CTRIP COM INTL LTD ADR 22943F100 208 1137 SH SOLE X CTRIP COM INTL LTD ADR 22943F100 1,575 27272 SH SOLE X CUMMINS INC PUT 231021956 27,780 3096 SH PUT SOLE X DANAHER CORP DEL CALL 235851902 1,952 350 SH CALL SOLE X DANAHER CORP DEL COM 235851102 937 16800 SH SOLE X DOBSON COMMUNICATIONS CORP CLA 256069105 71 9400 SH SOLE X DORAL FINL CORP COM 25811P100 477 45000 SH SOLE X DU PONT E I DE NEMOURS & CO CALL 263534909 2,550 600 SH CALL SOLE X EL PASO CORP DBCV 2/2 28336LAC3 4,003 7314000 PRN SOLE X ENCANA CORP CALL 292505904 23 5 SH CALL SOLE X ENCANA CORP COM 292505104 126 2800 SH SOLE X ENCANA CORP PUT 292505954 226 50 SH PUT SOLE X ERICSSON L M TEL CO ADR B SEK 10 294821608 1 250 SH SOLE X ERICSSON L M TEL CO ADR B SEK 10 294821608 0 50 SH SOLE X EXXON MOBIL CORP COM 30231G102 1,404 25000 SH SOLE X EXXON MOBIL CORP PUT 30231G952 1,404 250 SH PUT SOLE X FEDERATED DEPT STORES INC DE PUT 31410H951 1,990 300 SH PUT SOLE X FOXHOLLOW TECHNOLOGIES INC CALL 35166A903 596 200 SH CALL SOLE X GETTY IMAGES INC CALL 374276903 4,464 500 SH CALL SOLE X GTECH HLDGS CORP CALL 400518906 1,583 500 SH CALL SOLE X GTECH HLDGS CORP COM 400518106 518 16312 SH SOLE X GUIDANT CORP CALL 401698905 4,533 700 SH CALL SOLE X GUIDANT CORP CALL 401698905 1,295 200 SH CALL SOLE X GUIDANT CORP PUT 401698955 648 100 SH PUT SOLE X GUIDANT CORP PUT 401698955 1,943 300 SH PUT SOLE X HILFIGER TOMMY CORP CALL G8915Z902 487 300 SH CALL SOLE X HILFIIGER TOMMY CORP ORD G8915Z102 404 24900 SH SOLE X HSBC HLDGS PLC PUT 404280956 2,816 350 SH PUT SOLE X HSBC HLDGS PLC SPON ADR NEW 404280406 1,159 14400 SH SOLE X HUDSON CITY BANCORP CALL 443683907 1,770 1460 SH CALL SOLE X INAMED CORP COM 453235103 6,576 75000 SH SOLE X INFOSPACE INC COM NEW 45678T201 496 19197 SH SOLE X INNOVEX INC COM 457647105 224 65000 SH SOLE X INNOVEX INC PUT 457647955 224 650 SH PUT SOLE X INTERNATIONAL GAME TECHNOLOG CALL 459902902 1,231 400 SH CALL SOLE X ISHARES TR CALL 464288909 13,344 2000 SH CALL SOLE X ISHARES TR CALL 464288909 1,535 230 SH CALL SOLE X ISHARES TR CALL 464288909 7,359 1103 SH CALL SOLE X IVAX CORP CALL 465823902 2,795 892 SH CALL SOLE X IVAX CORP CALL 465823902 313 100 SH CALL SOLE X IVAX CORP COM 465823102 292 9320 SH SOLE X IVAX CORP COM 465823102 79,675 2543100 SH SOLE X IVAX CORP PUT 465823952 38 12 SH PUT SOLE X IVAX CORP PUT 465823952 705 225 SH PUT SOLE X IVAX CORP PUT 465823952 34 11 SH PUT SOLE X IVAX CORP PUT 465823952 191 61 SH PUT SOLE X IVAX CORP PUT 465823952 19 6 SH PUT SOLE X JEFFERSON PILOT CORP CALL 475070908 6,832 1200 SH CALL SOLE X KULICKE & SOFFA INDS INC PUT 501242951 1,061 1200 SH PUT SOLE X LENNAR CORP CLA 526057104 305 5000 SH SOLE X LENNAR CORP PUT 526057954 4,271 700 SH PUT SOLE X LEXAR MEDIA INC COM 52886P104 103 12500 SH SOLE X LEXAR MEDIA INC PUT 52886P954 49 60 SH PUT SOLE X LIMITED BRANDS INC CALL 532716907 2,235 1000 SH CALL SOLE X LINEAR TECHNOLOGY CORP CALL 535678906 1,078 300 SH CALL SOLE X M SYS FLASH DISK PIONEERS LT CALL M7061C900 3,312 1000 SH CALL SOLE X M SYS FLASH DISK PIONEERS LT ORD M7061C100 551 16635 SH SOLE X MAVERICK TUBE CORP CALL 577914904 997 250 SH CALL SOLE X MAVERICK TUBE CORP COM 577914104 199 5000 SH SOLE X MAVERICK TUBE CORP NOTE 1.500% 6/0 584690AB7 4,877 5000000 PRN SOLE X MAYTAG CORP CALL 578592907 1,412 750 SH CALL SOLE X MCDERMOTT INTL INC CALL 580037909 1,784 400 SH CALL SOLE X METLIFE INC COM 59156R108 10 200 SH SOLE X MGM MIRAGE CALL 552953901 1,283 350 SH CALL SOLE X MGM MIRAGE CALL 552953901 1,100 300 SH CALL SOLE X MORGAN STANLEY COM NEW 617446448 499 8800 SH SOLE X MORGAN STANLEY PUT 617446958 1,412 250 SH PUT SOLE X MOTOROLA INC PUT 620076959 2,259 1000 SH PUT SOLE X NETEASE COM INC CALL 64110W902 112 20 SH CALL SOLE X NETEASE COM INC CALL 64110W902 1,365 243 SH CALL SOLE X NETEASE COM INC CALL 64110W902 1,258 224 SH CALL SOLE X NETEASE COM INC CALL 64110W902 2,808 500 SH CALL SOLE X NETEASE COM INC PUT 64110W952 337 60 SH PUT SOLE X NETEASE COM INC PUT 64110W952 1,421 253 SH PUT SOLE X NETEASE COM INC PUT 64110W952 584 104 SH PUT SOLE X NETEASE COM INC SPONSORED ADR 64110W102 59 1042 SH SOLE X NEWELL RUBBERMAID INC CALL 651229906 1,189 500 SH CALL SOLE X NEXTEL PARTNERS INC CALL 65333F907 9,779 3500 SH CALL SOLE X NEXTEL PARTNERS INC CLA 65333F107 1,187 42500 SH SOLE X NEXTEL PARTNERS INC PUT 65333F957 419 150 SH PUT SOLE X OFFICEMAX INC DEL COM 67622P101 254 10000 SH SOLE X OFFICEMAX INC DEL PUT 67622P951 254 100 SH PUT SOLE X PALM INC NEW COM 696643105 183 5750 SH SOLE X PALM INC NEW PUT 696643955 795 250 SH PUT SOLE X PALOMAR MED TECHNOLOGIES INC COM NEW 697529303 7 200 SH SOLE X PATTERSON UTI ENERGY INC COM 703481101 629 19100 SH SOLE X PAYCHEX INC CALL 704326907 1,906 500 SH CALL SOLE X PAYCHEX INC COM 704326107 191 5000 SH SOLE X PAYCHEX INC PUT 704326957 381 100 SH PUT SOLE X PAYCHEX INC PUT 704326957 381 100 SH PUT SOLE X PETROLEO BRASILEIRO SA PETRO PUT 71654V951 704 100 SH PUT SOLE X PIXAR PUT 725811953 2,109 400 SH PUT SOLE X PLACER DOME INC CALL 725906901 1,147 500 SH CALL SOLE X PLACER DOME INC CALL 725906901 229 100 SH CALL SOLE X PLACER DOME INC CALL 725906901 73 32 SH CALL SOLE X PLACER DOME INC COM 725906101 1,124 49000 SH SOLE X PLACER DOME INC PUT 725906951 390 170 SH PUT SOLE X PLACER DOME INC PUT 725906951 206 90 SH PUT SOLE X PRICESMART INC COM 741511109 15 37306 SH SOLE X PULTE HOMES INC PUT 745867951 5,904 1500 SH PUT SOLE X RED HAT INC CALL 756577902 1,382 507 SH CALL SOLE X RED HAT INC CALL 756577902 682 250 SH CALL SOLE X RED HAT INC CALL 756577902 136 50 SH CALL SOLE X RED HAT INC PUT 756577952 55 20 SH PUT SOLE X SAKS INC COM 79377W108 55 3250 SH SOLE X SAKS INC PUT 79377W958 422 250 SH PUT SOLE X SCHERING PLOUGH CORP COM 806605101 569 27300 SH SOLE X SCHERING PLOUGH CORP PUT 806605951 104 50 SH PUT SOLE X SCHERING PLOUGH CORP PUT 806605951 1,564 750 SH PUT SOLE X SCIENTIFIC ATLANTA INC CALL 808655904 1,077 250 SH CALL SOLE X SHARPER IMAGE CORP COM 820013100 39 4000 SH SOLE X SIFY LTD CALL 82655M907 11 10 SH CALL SOLE X SILICON LABORATORIES INC CALL 826919902 917 250 SH CALL SOLE X SILICON LABORATORIES INC PUT 826919952 917 250 SH PUT SOLE X SINA CORP CALL G81477904 130 54 SH CALL SOLE X SINA CORP CALL G81477904 48 20 SH CALL SOLE X SINA CORP PUT G81477954 188 78 SH PUT SOLE X SINA CORP PUT G81477954 97 40 SH PUT SOLE X SIRIUS SATELLITE RADIO INC CALL 82966U903 134 200 SH CALL SOLE X SIX FLAGS INC NOTE 4.500% 5/1 83001PAJ8 4,924 3750000 PRN SOLE X SOHU COM INC CALL 83408W903 367 200 SH CALL SOLE X STARWOOD HOTELS&RESORTS WRLD PAIRED CTF 85590A203 64 1000 SH SOLE X TEVA PHARMACEUTICAL INDS LTD ADR 881624209 6 250 SH SOLE X TIME WARNER INC COM 887317105 235 13500 SH SOLE X TIME WARNER INC PUT 887317955 872 500 SH PUT SOLE X TOLL BROTHERS INC PUT 889478953 12,297 3550 SH PUT SOLE X TOM ONLINE INC ADR REG S 889728200 244 12300 SH SOLE X TOM ONLINE INC ADR REG S 889728200 106 204 SH SOLE X TRIARC COS INC NOTE 5.000% 5/1 895927AD3 4,812 4000000 PRN SOLE X TRINITY INDS INC CALL 896522909 2,856 649 SH CALL SOLE X UNITED TECHNOLOGIES CORP CALL 913017909 1,398 250 SH CALL SOLE X UNITEDHEALTH GROUP INC CALL 91324P902 1,069 172 SH CALL SOLE X VERIZON COMMUNICATIONS CALL 92343V904 1,487 500 SH CALL SOLE X WILLIAMS COS INC DEL CALL 969457900 811 350 SH CALL SOLE X XM SATELLITE RADIO HLDGS INC CALL 983759901 1,364 500 SH CALL SOLE X