13F-HR 1 p09-0945form13fhr.txt MERCHANTS' GATE CAPITAL LP 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, 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: Merchants' Gate Capital LP -------------------------------------------------- Address: 712 Fifth Avenue, 19th Floor -------------------------------------------------- New York, NY 10019 -------------------------------------------------- -------------------------------------------------- Form 13F File Number: 028-12839 ------------------ 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: Jason Capello -------------------------------------------------- Title: Portfolio Manager -------------------------------------------------- Phone: (212) 993-7040 -------------------------------------------------- Signature, Place, and Date of Signing: /s/ Jason Capello New York, NY 5/15/09 ------------------------ --------------------------- --------- [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).) 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: 21 ------------- Form 13F Information Table Value Total: $867,377 ------------- (thousands) List of Other Included Managers: none 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.
Form 13F INFORMATION TABLE COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 --------------------------- ------------ --------- -------- ---------------------- ---------- -------- -------------------- TITLE OF VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY NAME OF ISSUER CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE -------------------------- ----------- --------- -------- --- --- --- ---- ---------- -------- ---- ------ ---- C H ROBINSON WORLDWIDE INC COM NEW 12541W209 41,049 900,000 SH CALL SOLE 900,000 0 0 ECOLAB INC COM 278865100 37,925 1,092,000 SH SOLE 1,092,000 0 0 EXPEDITORS INTL WASH INC COM 302130109 28,290 1,000,000 SH CALL SOLE 1,000,000 0 0 GPO AEROPORTUARIO DEL PAC SA SPON ADR B 400506101 28,456 1,559,235 SH SOLE 1,559,235 0 0 INTERFACE INC CL A 458665106 1,262 422,000 SH SOLE 422,000 0 0 MASTERCARD INC CL A 57636Q104 33,496 200,000 SH CALL SOLE 200,000 0 0 MONSANTO CO NEW COM 61166W101 49,860 600,000 SH CALL SOLE 600,000 0 0 NVR INC COM 62944T105 32,781 76,637 SH SOLE 76,637 0 0 PACTIV CORP COM 695257105 24,803 1,700,000 SH CALL SOLE 1,700,000 0 0 PACTIV CORP COM 695257105 24,149 1,655,200 SH SOLE 1,655,200 0 0 PRICELINE COM INC COM NEW 741503403 98,475 1,250,000 SH CALL SOLE 1,250,000 0 0 PRICELINE COM INC COM NEW 741503403 45,173 573,410 SH SOLE 573,410 0 0 ROCKWOOD HLDGS INC COM 774415103 1,455 183,200 SH SOLE 183,200 0 0 RYLAND GROUP INC COM 783764103 14,994 900,000 SH CALL SOLE 900,000 0 0 SPDR TR UNIT SER 1 78462F103 79,520 1,000,000 SH PUT SOLE 1,000,000 0 0 TARGET CORP COM 87612E106 106,609 3,100,000 SH CALL SOLE 3,100,000 0 0 TARGET CORP COM 87612E106 60,197 1,750,415 SH SOLE 1,750,415 0 0 ULTRA PETROLEUM CORP COM 903914109 17,945 500,000 SH CALL SOLE 500,000 0 0 UTI WORLDWIDE INC ORD G87210103 30,454 2,548,493 SH SOLE 2,548,493 0 0 XTO ENERGY INC COM 98385X106 39,806 1,300,000 SH CALL SOLE 1,300,000 0 0 XTO ENERGY INC COM 98385X106 70,678 2,308,227 SH SOLE 2,308,227 0 0