13F-HR 1 northstar_13f.txt FORM 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, 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 NS Advisors, LLC Address 274 Riverside Avenue, Westport, Connecticut 06880 Form 13F File Number: 028-13819 The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing this 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 Andrew R. Jones Title Managing Member Phone 203-227-9898 Signature, Place, and Date of Signing: /s/ Andrew E. Jones Westport, CT February 13, 2011 Report Type (Check only one.): [ X] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting 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).) [ ] 13F COMBINATION REPORT (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).) 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: 22 Form 13F Information Table Value Total: $120,718 (thousands) List of Other Included Managers: Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report. NONE
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 ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- AARON'S INC COM 002535201 6362 312007 SH SOLE 312007 0 0 AFC ENTERPRISES COM 00104Q107 8466 609030 SH SOLE 609030 0 0 BRIDGEPOINT EDUCATION COM 10807M105 7142 375912 SH SOLE 375912 0 0 CASH AMERICA COM 14754D100 4980 134850 SH SOLE 134850 0 0 CASH STORE FINANCIAL SERVICES COM 14756F103 6753 435400 SH SOLE 435400 0 0 CBIZ COM 124805102 3032 485929 SH SOLE 485929 0 0 CENTER FINANCIAL CORPORATION COM 15146E102 2122 279999 SH SOLE 279999 0 0 CNA SURETY COM 12612L108 4247 179354 SH SOLE 179354 0 0 CORINTHIAN COLLEGES COM 218868107 2999 575690 SH SOLE 575690 0 0 CORRECTIONS CORP OF AMERICA COM 22025Y407 5714 228002 SH SOLE 228002 0 0 FIRST CASH FINANCIAL SVCS COM 31945D107 6755 217969 SH SOLE 217969 0 0 GEO GROUP COM 36159R103 15155 614540 SH SOLE 614540 0 0 GLOBAL CASH ACCESS COM 378967103 1462 458395 SH SOLE 458395 0 0 GRUPO PRISA CL B CONV COM 74343G303 4183 438500 SH SOLE 438500 0 0 H&R BLOCK COM 093671105 6596 553848 SH SOLE 553848 0 0 INFOSPACE COM 45678T300 2398 288860 SH SOLE 288860 0 0 LENDER PROCESSING SVCS COM 52602E102 4349 147308 SH SOLE 147308 0 0 PAPA JOHN'S COM 698813102 6624 239140 SH SOLE 239140 0 0 RENT-A-CENTER COM 76009N100 11434 354208 SH SOLE 354208 0 0 S1 CORPORATION COM 78463B101 4558 660562 SH SOLE 660562 0 0 SABRA HEALTH CARE COM 78573L106 3632 197396 SH SOLE 197396 0 0 SYSCO CORPORATION COM 871829107 1755 107300 SH SOLE 107300 0 0