13F-HR 1 cumberlandassociates033012.txt 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 30, 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: Cumberland Associates Address: 767 Third Avenue New York, NY 10017 13 File Number: 28-1010 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 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: John Lewis Title: Controller Phone: Signature, Place and Date of Signing: John Lewis May 14, 2012 Report Type (Check only one.): [ X] 13F HOLDINGS REPORT. [ ] 13F NOTICE. [ ] 13F COMBINATION REPORT. I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE ACT OF 1934 FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 2 Form 13F Information Table Entry Total: 34 Form 13F Information Table Value Total: 113704 List of Other Included Managers: No. 13F File Number Name 01 28-1010 CUMBERLAND ASSOCIATES2 02 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 DISCRETN MANAGERS SOLE SHARED NONE ------------------------------ ---------------- --------- -------- -------- --- ---- -------- --------- -------- -------- -------- D ANADARKO PETE CORP COM STK COMMON STOCK 032511107 4082 52107 SH SOLE 0102 49371 2736 0 D APPLE INC COM STK COMMON STOCK 037833100 3597 6000 SH SOLE 0102 5696 304 0 D ASCENA RETAIL GROUP INC COM COMMON STOCK 04351G101 2881 65000 SH SOLE 0102 60818 4182 0 D BERKSHIRE HATHAWAY INC CLASS B COMMON STOCK 084670702 3246 40000 SH SOLE 0102 37982 2018 0 D CENTRAL EUROPEAN MED IA ENTERP COMMON STOCK G20045202 533 75000 SH SOLE 0102 71212 3788 0 D CITIGROUP INC COM STK COMMON STOCK 172967424 2559 70000 SH SOLE 0102 66491 3509 0 D COMVERSE TECHNOLOGY INC COM ST COMMON STOCK 205862402 859 125000 SH SOLE 0102 118714 6286 0 D CORNING INC COM STK COMMON STOCK 219350105 1056 75000 SH SOLE 0102 71211 3789 0 D ECHOSTAR CORPORATION COMMON STOCK 278768106 3632 129065 SH SOLE 0102 122556 6509 0 D GENERAL MOTORS COMMON STOCK 37045V100 4923 191946 SH SOLE 0102 182252 9694 0 D GEOPETRO COMPANY COM STK COMMON STOCK 37248H304 394 1920000 SH SOLE 0102 1797904 122096 0 D GOOGLE INC CL A COM STK COMMON STOCK 38259P508 2732 4260 SH SOLE 0102 4017 243 0 D HARVEST NATURAL RESO URCES INC COMMON STOCK 41754V103 5956 841288 SH SOLE 0102 815565 25723 0 D HERTZ GLOBAL HOLDING COMMON STOCK 42805T105 3932 261429 SH SOLE 0102 248180 13249 0 D HEWLETT-PACKARD CO COM STK COMMON STOCK 428236103 2383 100000 SH SOLE 0102 94934 5066 0 D HIMAX TECHNOLOGIES I NC ADR ADRS STOCKS 43289P106 124 60000 SH SOLE 0102 56993 3007 0 D LAS VEGAS SANDS CORP COM STK COMMON STOCK 517834107 3454 60000 SH SOLE 0102 56938 3062 0 D LIBERTY MEDIA CORP C INTER A COMMON STOCK 53071M104 5383 281970 SH SOLE 0102 267427 14543 0 D LIBERTY MEDIA CORP N EW COM ST COMMON STOCK 530322106 10667 121011 SH SOLE 0102 114864 6147 0 D MARVELL TECHNOLOGY G ROUP LTD COMMON STOCK G5876H105 4326 275000 SH SOLE 0102 261107 13893 0 D METLIFE INC COM STK COMMON STOCK 59156R108 5603 150000 SH SOLE 0102 142476 7524 0 D MURPHY OIL CORP COM STK COMMON STOCK 626717102 5571 99000 SH SOLE 0102 93038 5962 0 D NAVISTAR INTL CORP COM STK COMMON STOCK 63934E108 3034 75000 SH SOLE 0102 71219 3781 0 D NXSTAGE MEDICAL INC COM STK COMMON STOCK 67072V103 193 10000 SH SOLE 0102 9497 503 0 D OCCIDENTAL PETE CORP COMMON STOCK 674599105 3554 37315 SH SOLE 0102 35610 1705 0 D ON SEMICONDUCTOR COR P / SEMI COMMON STOCK 682189105 4280 475000 SH SOLE 0102 451083 23917 0 D SEAGATE TECHNOLOGY COM STK COMMON STOCK G7945M107 3801 141000 SH SOLE 0102 133702 7298 0 D SIGNET JEWELERS LTD COM STK COMMON STOCK G81276100 3215 68000 SH SOLE 0102 64158 3842 0 D SPREADTRUM COMMUNICA TION SPO ADRS STOCKS 849415203 1535 93016 SH SOLE 0102 88343 4673 0 D TRIANGLE PETE CORP COM STK COMMON STOCK 89600B201 1310 189831 SH SOLE 0102 189831 0 0 D VIACOM INC CL B COM STK COMMON STOCK 92553P201 3118 65694 SH SOLE 0102 62375 3319 0 D VISHAY INTERTECHNLGY INC COMMON STOCK 928298108 4609 379000 SH SOLE 0102 359842 19158 0 D Visteon Corporation COMMON STO COMMON STOCK 92839U206 4985 94064 SH SOLE 0102 88785 5279 0 D WALGREEN CO COM STK COMMON STOCK 931422109 2177 65000 SH SOLE 0102 61716 3284 0 S REPORT SUMMARY 34 DATA RECORDS 113704 2 OTHER MANAGERS ON WHOSE BEHALF REPORT IS FILED