13F-HR 1 p10-0150form13fhr.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: 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: 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 2/16/10 ------------------------ --------------------------- --------- [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: 20 ------------- Form 13F Information Table Value Total: $805,047 ------------- (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 .................................................................................................................................... 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 ................................................................................................................................... ADVANCE AUTO PARTS INC COM 00751Y106 29,955 740,000 SH SOLE 740,000 0 0 ................................................................................................................................... BAKER HUGHES INC COM 057224107 18,014 445,000 SH SOLE 445,000 0 0 ................................................................................................................................... CORE LABORATORIES N V COM N22717107 19,434 164,530 SH SOLE 164,530 0 0 ................................................................................................................................... E HOUSE CHINA HLDGS LTD ADR 26852W103 16,942 935,000 SH SOLE 935,000 0 0 ................................................................................................................................... ECOLAB INC COM 278865100 52,916 1,187,000 SH SOLE 1,187,000 0 0 ................................................................................................................................... FMC TECHNOLOGIES INC COM 30249U101 15,021 259,700 SH SOLE 259,700 0 0 ................................................................................................................................... GPO AEROPORTUARIO DEL PAC SA SPON ADR B 400506101 40,523 1,296,316 SH SOLE 1,296,316 0 0 ................................................................................................................................... INTERFACE INC CL A 458665106 12,416 1,494,105 SH SOLE 1,494,105 0 0 ................................................................................................................................... KNIGHT TRANSN INC COM 499064103 22,210 1,151,368 SH SOLE 1,151,368 0 0 ................................................................................................................................... MASTERCARD INC CL A 57636Q104 19,199 75,000 SH CALL SOLE 75,000 0 0 ................................................................................................................................... MASTERCARD INC CL A 57636Q104 79,354 310,000 SH SOLE 310,000 0 0 ................................................................................................................................... MONSANTO CO NEW COM 61166W101 76,845 940,000 SH SOLE 940,000 0 0 ................................................................................................................................... PACTIV CORP COM 695257105 28,610 1,185,155 SH SOLE 1,185,155 0 0 ................................................................................................................................... SMITH INTL INC COM 832110100 27,170 1,000,000 SH CALL SOLE 1,000,000 0 0 ................................................................................................................................... SMITH INTL INC COM 832110100 92,650 3,410,000 SH SOLE 3,410,000 0 0 ................................................................................................................................... SUNCOR ENERGY INC NEW COM 867224107 31,779 900,000 SH CALL SOLE 900,000 0 0 ................................................................................................................................... SUNCOR ENERGY INC NEW COM 867224107 45,054 1,275,950 SH SOLE 1,275,950 0 0 ................................................................................................................................... TARGET CORP COM 87612E106 130,549 2,698,965 SH SOLE 2,698,965 0 0 ................................................................................................................................... UTI WORLDWIDE INC ORD G87210103 24,914 1,739,785 SH SOLE 1,739,785 0 0 ................................................................................................................................... WEATHERFORD INTERNATIONAL LT REG H27013103 21,492 1,200,000 SH CALL SOLE 1,200,000 0 0