0000902664-12-000785.txt : 20120515 0000902664-12-000785.hdr.sgml : 20120515 20120515161108 ACCESSION NUMBER: 0000902664-12-000785 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20120331 FILED AS OF DATE: 20120515 DATE AS OF CHANGE: 20120515 EFFECTIVENESS DATE: 20120515 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Saba Capital Management, L.P. CENTRAL INDEX KEY: 0001510281 IRS NUMBER: 800361690 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-14282 FILM NUMBER: 12844752 BUSINESS ADDRESS: STREET 1: 405 LEXINGTON AVENUE STREET 2: 58TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10174 BUSINESS PHONE: 212-542-3610 MAIL ADDRESS: STREET 1: 405 LEXINGTON AVENUE STREET 2: 58TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10174 13F-HR 1 p12-1157form13fhr.txt SABA CAPITAL MANAGEMENT, 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, 2012 ------------------------ 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: Saba Capital Management, LP -------------------------------------------------- Address: 405 Lexington Avenue -------------------------------------------------- 58th Floor -------------------------------------------------- New York, New York 10174 -------------------------------------------------- Form 13F File Number: 028-14282 ------------------ 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: Robert K. Simonds -------------------------------------------------- Title: General Counsel & Chief Compliance Officer -------------------------------------------------- Phone: 212-543-3610 -------------------------------------------------- Signature, Place, and Date of Signing: /s/ Robert K. Simonds New York, New York 5/15/2012 ----------------------------------------------------------------------------- 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).) Report Summary: Number of Other Included Managers: 0 ------------- Form 13F Information Table Entry Total: 40 ------------- Form 13F Information Table Value Total: $206,309 ------------- (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 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 ---------------------------- ---------------- --------- -------- ---------- --- ---- ---------- -------- ---------- ------ ---- A123 SYS INC NOTE 3.750% 4/1 03739TAA6 1,213 3,770,000 PRN SOLE 3,770,000 0 0 A123 SYS INC COM 03739T108 804 718,300 SH SOLE 718,300 0 0 ALCOA INC NOTE 5.250% 3/1 013817AT8 3,344 2,000,000 PRN SOLE 2,000,000 0 0 ALLIANCE DATA SYSTEMS CORP NOTE 1.750% 8/0 018581AD0 32,037 19,750,000 PRN SOLE 19,750,000 0 0 ALPHA NATURAL RESOURCES INC COM 02076X102 3,297 216,793 SH SOLE 216,793 0 0 BEAZER HOMES USA INC COM 07556Q105 3,438 1,057,844 SH SOLE 1,057,844 0 0 BELO CORP COM SER A 080555105 2,357 328,714 SH SOLE 328,714 0 0 BOSTON SCIENTIFIC CORP COM 101137107 9,247 1,546,256 SH SOLE 1,546,256 0 0 BOYD GAMING CORP COM 103304101 6,393 815,446 SH SOLE 815,446 0 0 C&J ENERGY SVCS INC COM 12467B304 8,349 469,308 SH SOLE 469,308 0 0 CEMEX SAB DE CV SPON ADR NEW 151290889 505 65,038 SH SOLE 65,038 0 0 CEMEX SAB DE CV SPON ADR NEW 151290889 1,721 221,832 SH PUT SOLE 221,832 0 0 CHINA HYDROELECTRIC CORPORAT *W EXP 01/25/201 G2112E145 4 121,900 SH SOLE 121,900 0 0 COMMUNITY HEALTH SYS INC NEW COM 203668108 10,312 463,679 SH SOLE 463,679 0 0 COMPUTER SCIENCES CORP COM 205363104 4,024 134,400 SH CALL SOLE 134,400 0 0 CORNING INC COM 219350105 11,838 840,744 SH SOLE 840,744 0 0 COTT CORP QUE COM 22163N106 4,160 631,310 SH SOLE 631,310 0 0 CROSSTEX ENERGY INC COM 22765Y104 2,535 179,269 SH SOLE 179,269 0 0 DYNEGY INC DEL COM 26817G300 1,900 3,392,547 SH SOLE 3,392,547 0 0 FELCOR LODGING TR INC COM 31430F101 1,842 511,672 SH SOLE 511,672 0 0 FERRO CORP COM 315405100 3,826 644,093 SH SOLE 644,093 0 0 GENERAL MTRS CO COM 37045V100 16,327 636,543 SH SOLE 636,543 0 0 HASBRO INC COM 418056107 6,307 171,759 SH SOLE 171,759 0 0 JAKKS PAC INC COM 47012E106 4,728 270,933 SH SOLE 270,933 0 0 LEVEL 3 COMMUNICATIONS INC COM NEW 52729N308 3,991 155,112 SH SOLE 155,112 0 0 LINCARE HLDGS INC NOTE 2.750%11/0 532791AF7 5,215 4,700,000 PRN SOLE 4,700,000 0 0 MCCLATCHY CO CL A 579489105 2,896 1,002,137 SH SOLE 1,002,137 0 0 MERITOR INC COM 59001K100 3,925 486,364 SH SOLE 486,364 0 0 MORGAN STANLEY COM NEW 617446448 3,339 170,000 SH PUT SOLE 170,000 0 0 OFFICE DEPOT INC COM 676220106 3,332 965,924 SH SOLE 965,924 0 0 PIONEER NAT RES CO NOTE 2.875% 1/1 723787AH0 7,883 4,097,000 PRN SOLE 4,097,000 0 0 POLYPORE INTL INC COM 73179V103 1,958 55,681 SH SOLE 55,681 0 0 RITE AID CORP COM 767754104 7,137 4,101,871 SH SOLE 4,101,871 0 0 SAKS INC COM 79377W108 1,078 92,880 SH SOLE 92,880 0 0 SPANSION INC COM CL A NEW 84649R200 1,338 109,823 SH SOLE 109,823 0 0 SYNOVUS FINL CORP COM 87161C105 2,241 1,093,250 SH SOLE 1,093,250 0 0 TYSON FOODS INC CL A 902494103 3,087 161,200 SH SOLE 161,200 0 0 WALGREEN CO COM 931422109 9,377 280,000 SH CALL SOLE 280,000 0 0 WALTER ENERGY INC COM 93317Q105 3,754 63,406 SH SOLE 63,406 0 0 WENDYS CO COM 95058W100 5,249 1,047,610 SH SOLE 1,047,610 0 0