13F-HR 1 efc10-136_fm13fhr.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 Form 13F Form 13F COVER PAGE Report for the Calendar Year or Quarter Ended: December 31, 2009 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: Brevan Howard Asset Management LLP Address: 2nd Floor Almack House 28 King Street London SW1Y 6XA United Kingdom Form 13F File Number: 028-12590 --------- 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 form. Person Signing this Report on Behalf of Reporting Manager: Name: James Vernon Title: Managing Member of Brevan Howard Asset Management LLP Phone: 0207 0222 6200 Signature, Place and Date of Signing: /s/ James Vernon London, United Kingdom February 16, 2010 ----------------------------------------------------------------------------- [Signature] [City, State] [Date] 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).) 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: $890,333 -------------- (in 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
BREVAN HOWARD ASSET MANAGEMENT LLP FORM 13F Quarter Ended December 31, 2009 ------------------------------------------------------------------------------------------------------------------------------------ CLASS VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY ----- ----- ------- --- ---- ---------- ----- ------------------- NAME OF ISSUER TITLE CUSIP (X$1,000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE -------------- ----- ----- --------- ------- --- ---- ---------- -------- ---- ------ ---- ------------------------------------------------------------------------------------------------------------------------------------ ALCON INC COM SHS H01301102 805 4,901 SH SOLE 4,901 ALLIS CHALMERS ENERGY INC COM PAR $.01NW 019645506 5,278 1,400,000 SH SOLE 1,400,000 APACHE CORP COM 037411105 15,321 148,500 SH SOLE 148,500 AVON PRODS INC COM 054303102 1,103 35,000 SH SOLE 35,000 BANK OF AMERICA CORPORATION COM 060505104 6,024 400,000 SH PUT SOLE 400,000 BANK OF AMERICA CORPORATION COM 060505104 4,142 275,000 SH SOLE 275,000 BANK OF AMERICA CORPORATION UNIT 99/99/9999 060505419 18,799 1,260,000 SH SOLE 1,260,000 BARE ESCENTUALS INC COM 067511105 122 10,000 SH SOLE 10,000 BERKSHIRE HATHAWAY INC DEL CL A 084670108 21,725 219 SH SOLE 219 CALPINE CORP COM NEW 131347304 3,300 300,000 SH SOLE 300,000 CF INDS HLDGS INC COM 125269100 6,809 75,000 SH SOLE 75,000 CF INDS HLDGS INC COM 125269100 9,078 100,000 SH CALL SOLE 100,000 CHEVRON CORP NEW COM 166764100 19,863 258,000 SH SOLE 258,000 CHURCH & DWIGHT INC COM 171340102 605 10,000 SH SOLE 10,000 CITIGROUP INC COM 172967101 9,930 3,000,000 SH SOLE 3,000,000 COCA COLA ENTERPRISES INC COM 191219104 5,865 276,672 SH SOLE 276,672 DR PEPPER SNAPPLE GROUP INC COM 26138E109 1,981 70,000 SH SOLE 70,000 DRYSHIPS INC. NOTE 5.000%12/0 262498AB4 2,077 2,000,000 PRN SOLE NONE ENCANA CORP COM 292505104 8,259 255,000 SH SOLE 255,000 ENERGIZER HLDGS INC COM 29266R108 919 15,000 SH SOLE 15,000 EXXON MOBIL CORP COM 30231G102 23,048 338,000 SH SOLE 338,000 EXXON MOBIL CORP COM 30231G102 23,867 350,000 SH CALL SOLE 350,000 FREEPORT-MCMORAN COPPER & GO COM 35671D857 5,058 63,000 SH SOLE 63,000 GENERAL ELECTRIC CO COM 369604103 3,783 250,000 SH SOLE 250,000 INTEL CORP COM 458140100 20,155 988,000 SH SOLE 988,000 ISHARES INC MSCI HONG KONG 464286871 14,094 900,000 SH CALL SOLE 900,000 ISHARES TR INDEX MSCI EMERG MKT 464287234 150,645 3,630,000 SH SOLE 3,630,000 ISHARES TR INDEX MSCI EMERG MKT 464287234 85,905 2,070,000 SH CALL SOLE 2,070,000 ISHARES TR INDEX IBOXX INV CPBD 464287242 138,667 1,331,416 SH SOLE 1,331,416 KINROSS GOLD CORP COM NO PAR 496902404 1,840 100,000 SH SOLE 100,000 LOWES COS INC COM 548661107 6,964 297,735 SH SOLE 297,735 MARKET VECTORS ETF TR GOLD MINER ETF 57060U100 11,553 250,000 SH CALL SOLE 250,000 MEAD JOHNSON NUTRITION CO COM CL A 582839106 6,229 142,533 SH SOLE 142,533 MOSAIC CO COM 61945A107 2,389 40,000 SH SOLE 40,000 NEWMONT MINING CORP COM 651639106 17,505 370,000 SH SOLE 370,000 NOBLE CORPORATION BAAR NAMEN -AKT H5833N103 19,862 488,000 SH SOLE 488,000 OCCIDENTAL PETE CORP DEL COM 674599105 9,355 115,000 SH SOLE 115,000 OIL SVC HOLDRS TR DEPOSTRY RCPT 678002106 29,958 252,000 SH SOLE 252,000 OIL SVC HOLDRS TR DEPOSTRY RCPT 678002106 7,133 60,000 SH CALL SOLE 60,000 PETROLEO BRASILEIRO SA PETRO SPONSORED ADR 71654V408 6,208 130,200 SH SOLE 130,200 POTASH CORP SASK INC COM 73755L107 8,756 80,700 SH SOLE 80,700 REYNOLDS AMERICAN INC COM 761713106 848 16,003 SH SOLE 16,003 SELECT SECTOR SPDR TR SBI INT-FINL 81369Y605 21,600 1,500,000 SH PUT SOLE 1,500,000 SELECT SECTOR SPDR TR SBI INT-FINL 81369Y605 7,200 500,000 SH CALL SOLE 500,000 SELECT SECTOR SPDR TR SBI INT-ENERGY 81369Y506 81,690 1,432,900 SH SOLE 1,432,900 SPDR GOLD TRUST GOLD SHS 78463V107 42,924 400,000 SH CALL SOLE 400,000 YANZHOU COAL MNG CO LTD SPON ADR H SHS 984846105 1,092 50,000 SH SOLE 50,000