13F-HR 1 march.txt MARCH 2006 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: March 31, 2006 ? 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: 028-11567 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: ? 65 Form 13F Information Table Value Total: ? $241,327 (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 ALBERTSONS INC PUT 013104954 3,080 1200 SH PUT SOLE X ALBERTSONS INC CALL 013104904 3,209 1250 SH CALL SOLE X AMERICAN TOWER STK A COM 029912201 61 2000 SH SOLE X AMERTICAN TOWER CORP CALL 029912901 1,516 500 SH CALL SOLE X AMKOR TECHNOLOGY STK COM 031652100 2,839 328600 SH SOLE X AMR CORP PUT 001765956 3 1 SH PUT SOLE X AUTONATION ORDINARY COM 05329W102 280 13000 SH SOLE X BARRICK GOLD ORDINARY COM 067901108 1,416 51976 SH SOLE X BARRICK GOLD ORDINARY CALL 067901908 87 32 SH CALL SOLE X BARRICK GOLD ORDINARY PUT 067901958 464 170 SH PUT SOLE X BARRICK GOLD ORDINARY PUT 067901958 245 90 SH PUT SOLE X BLK 2.6250% 2035-02-15 DBCV 2.625% 2/15/35 09247XAB7 3,568 2500000 PRN SOLE X BRINKS CO COM 109696104 1,650 32500 SH SOLE X CBRL GROUP STK COM 12489V106 659 15000 SH SOLE X CENT VT PUB SVC STK COM 155771108 276 13004 SH SOLE X CHENIERE ENERGY STK COM 16411R208 4,057 100000 SH SOLE X COMPTON PETROLEUM ORD COM 204940100 15 1200 SH SOLE X CUMMINS INC PUT 231021956 32,539 3096 SH PUT SOLE X CVTX 2.7500% 2012-05-16 NOTE 2.750% 5/16/12 126667AF1 6,885 5000000 PRN SOLE X CY 1.2500% 2008-06-15 NOTE 1.250% 6/15/08 232806AH2 6,238 5000000 PRN SOLE X DARLING INTL STK COM 237266101 23 5000 SH SOLE X FHRX A 1.7500% 2024-03-08 NOTE 1.750% 3/08/24 32051KAB2 2,994 2500000 PRN SOLE X FSH 2.5000% 2023-10-01 NOTE 2.500% 10/01/23 338032AW5 7,606 5000000 PRN SOLE X GAINSCO ORDINARY COM 363127200 10 1000 SH SOLE X HJ HEINZ ORDINARY COM 423074103 758 20000 SH SOLE X HJ HEINZ ORDINARY PUT 423074953 758 200 SH PUT SOLE X HSBC HOLDINGS ADR COM 404280406 306 3653 SH SOLE X HSBC HOLDINGS PLC PUT 404280956 2,932 350 SH PUT SOLE X INVESTOOLS ORDINARY COM 46145P103 41 5000 SH SOLE X JEFFERSON PILOT ORDINARY COM 475070108 - 0 SH SOLE X LINCOLN NATL STK COM 534187109 113,118 2072140 SH SOLE X MAYTAG CORP CALL 578592907 1,600 750 SH CALL SOLE X MCDONALDS CORP PUT 580135951 515 150 SH PUT SOLE X MEDICIS PHARM ORDINARY A COM 584690309 1,451 44500 SH SOLE X METLIFE ORDINARY COM 59156R108 10 200 SH SOLE X MGM MIRAGE ORDINARY COM 552953101 172 4000 SH SOLE X MITSUB UFJ FG DEPOSITORY RECEIPT SPONSORED ADR 606822104 205 13500 SH SOLE X MRX 1.5000% 2033-06-04 NOTE 1.500% 6/04/33 584690AB7 5,975 6000000 PRN SOLE X NETEASE.COM CALL 64110l906 245 100 SH CALL SOLE X NETEASE.COM PUT 64110l956 123 50 SH PUT SOLE X NEWMONT MINING ORDINARY COM 651639106 623 12000 SH SOLE X NEWMONT MINING ORDINARY PUT 6516399306 1,297 250 SH PUT SOLE X NOMURA HOLDINGS ADR SPONSORED ADR 65535H208 177 8000 SH SOLE X PDLI 2.0000% 2012-02-15 NOTE 2.000% 2/15/12 74369LAF0 3,739 2500000 PRN SOLE X PW EAGLE STK COM 69366Y108 139 5000 SH SOLE X REDIFF COM INDIA ADR SPONSORED ADR 757479100 63 3000 SH SOLE X RIG 1.5000% 2021-05-15 NOTE 1.500% 5/15/21 893830AD1 11,327 10000000 PRN SOLE X SCHOOL SPECIALTY STK COM 807863105 173 5000 SH SOLE X SIFY LIMITED ADR SPONSORED ADR 82655M107 79 6000 SH SOLE X SIFY LIMITED ADR CALL 82655M907 109 82 SH CALL SOLE X SINA CORP STK ORD G81477104 153 5500 SH SOLE X SINA CORP STK PUT G81477954 187 67 SH PUT SOLE X SIRIUS SATELLITE RADIO CALL 82966U903 51 100 SH CALL SOLE X SOHU COM STK COM 83408W103 552 20700 SH SOLE X SOHU COM STK PUT 83408W953 430 161 SH PUT SOLE X TRIARC CO CL B SER 1 895927309 430 24600 SH SOLE X TRINITY INDUSTRIES INC CALL 896522909 3,530 649 SH CALL SOLE X UNISYS ORDINARY COM 909214108 2,239 325000 SH SOLE X UNITED STATTES STEEL CORP CALL 912909908 1,517 250 SH CALL SOLE X UNITED TECHNOLOGIES CORP CALL 913017909 1,449 250 SH CALL SOLE X WCN * FLOAT 2022-05-01 DBCV 5/01/22 941053AE0 2,483 2000000 PRN SOLE X WENDYS INTL STK COM 950590109 1,018 16400 SH SOLE X WENDYS INTL STK PUT 950590959 621 100 SH PUT SOLE X WENDYS INTL STK PUT 950590959 931 150 SH PUT SOLE X XYRATEX STK COM G98268108 79 2500 SH SOLE X