13F-HR 1 cumberland.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: September 28, 2001 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: 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: GARY TYNES Title: Phone: Signature, Place and Date of Signing: GARY TYNES November 9, 2001 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: 0 Form 13F Information Table Entry Total: 85 Form 13F Information Table Value Total: 580645 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 ACCLAIM ENTMT INC COM PAR $0.0 COMMON STOCK 004325205 319 119000 SH SOLE 0102 85380 33620 0 D ADELPHIA COMMUNICATIONS CORP COMMON STOCK 006848105 2775 125000 SH SOLE 0102 112765 12235 0 D AGERE SYSTEMS COMMON STOCK 00845V100 2484 600000 SH SOLE 0102 538770 61230 0 D ALLTEL CORP COM COMMON STOCK 020039103 3622 62500 SH SOLE 0102 56097 6403 0 D AOL TIME WARNER COMMON STOCK 00184A105 13240 400000 SH SOLE 0102 359020 40980 0 D APPLE COMPUTER INC COM COMMON STOCK 037833100 14735 950000 SH SOLE 0102 852750 97250 0 D ASCENTIAL SOFTWARE CORP COM COMMON STOCK 04362P108 5775 1750000 SH SOLE 0102 1578875 171125 0 D AT&T CORP COM COMMON STOCK 001957109 7720 400000 SH SOLE 0102 356190 43810 0 D AT&T WIRELESS SERVICES INC COMMON STOCK 00209A106 7470 500000 SH SOLE 0102 451100 48900 0 D AXYS PHARMACEUTICALS INC COMMON STOCK 054635107 94 30925 SH SOLE 0102 28322 2603 0 D BENTON OIL & GAS CO COM COMMON STOCK 083288100 4755 3325000 SH SOLE 0102 2995632 329368 0 D BRIO TECHNOLOGY INC COM STK COMMON STOCK 109704106 1819 748500 SH SOLE 0102 679902 68598 0 D BRUNSWICK CORP COM COMMON STOCK 117043109 3541 215000 SH SOLE 0102 193365 21635 0 D C COR. NET CORPORATION COMMON STOCK 125010108 2603 380000 SH SOLE 0102 343648 36352 0 D CARNIVAL CORP COM STK COMMON STOCK 143658102 4404 200000 SH SOLE 0102 178100 21900 0 D CENDANT CORP COM COMMON STOCK 151313103 3840 300000 SH SOLE 0102 269260 30740 0 D CHARLES SCHWAB CORP COM COMMON STOCK 808513105 14950 1300000 SH SOLE 0102 1166780 133220 0 D CHESAPEAKE ENERGY CORP COM COMMON STOCK 165167107 9323 1650000 SH SOLE 0102 1481540 168460 0 D CIRCUIT CITY STORES- CIRCUIT C COMMON STOCK 172737108 10680 890000 SH SOLE 0102 799240 90760 0 D CITIZENS COMM CO COM STK COMMON STOCK 17453B101 6956 740000 SH SOLE 0102 671070 68930 0 D CONCURRENT COMPUTER CORP NEW COMMON STOCK 206710204 3133 345000 SH SOLE 0102 309820 35180 0 D CONSECO INC COM COMMON STOCK 208464107 14883 2050000 SH SOLE 0102 1825200 224800 0 D DAL-TILE INTL INC COM COMMON STOCK 23426R108 18006 1170000 SH SOLE 0102 1050137 119863 0 D DELL COMPUTER CORP COM COMMON STOCK 247025109 16677 900000 SH SOLE 0102 801320 98680 0 D EARTHLINK INC COM STK COMMON STOCK 270321102 10280 675000 SH SOLE 0102 605830 69170 0 D EMCOR GROUP INC COM COMMON STOCK 29084Q100 7710 241700 SH SOLE 0102 216937 24763 0 D ERICSSON LM TEL CO ADR CL B SE ADRS STOCKS 294821400 873 250000 SH SOLE 0102 225550 24450 0 D EXXON MOBIL CORP COM STK COMMON STOCK 30231G102 788 20000 SH SOLE 0102 17945 2055 0 D FAIRCHILD SEMICON INTL CLASS A COMMON STOCK 303726103 4574 285000 SH SOLE 0102 255795 29205 0 D GATEWAY INC COM COMMON STOCK 367626108 7221 1325000 SH SOLE 0102 1195395 129605 0 D GRANT PRIDE CO COM STK COMMON STOCK 38821G101 1370 225000 SH SOLE 0102 200330 24670 0 D INFONET SERVICES CORPORATION COMMON STOCK 45666T106 4539 2111000 SH SOLE 0102 1879512 231488 0 D INTEL CORP COM COMMON STOCK 458140100 4599 225000 SH SOLE 0102 201955 23045 0 D KPMG CONSULTING COMMON STOCK 48265R109 5135 475000 SH SOLE 0102 426340 48660 0 D KULICKE & SOFFA INDS INC COM COMMON STOCK 501242101 6268 575000 SH SOLE 0102 518720 56280 0 D LENDINGTREE INC COMMON STOCK 52602Q105 3804 921000 SH SOLE 0102 823625 97375 0 D LIBERTY MEDIA CORP N EW COMMON STOCK 530718105 6350 500000 SH SOLE 0102 445180 54820 0 D LUCENT TECHNOLOGIES INC COM OPTIONS - CALLS 5494634JU 5730 1000000 SH CALL SOLE 0102 907000 93000 0 D MATTEL INC COM COMMON STOCK 577081102 14016 895000 SH SOLE 0102 803303 91697 0 D MILESTONE SCIENTIFIC INC COM COMMON STOCK 59935P100 863 1268892 SH SOLE 0102 1163192 105700 0 D MILLICOM INTL CELLULAR S A COM COMMON STOCK L6388F102 9093 857800 SH SOLE 0102 774100 83700 0 D NABORS INDS INC COM OPTIONS - CALLS 6295685AD 2097 100000 SH CALL SOLE 0102 90200 9800 0 D NABORS INDS INC COM OPTIONS - CALLS 6295685AE 2097 100000 SH CALL SOLE 0102 90200 9800 0 D NATIONAL SEMICONDUCT OR CORP U COMMON STOCK 637640103 8800 400000 SH SOLE 0102 359080 40920 0 D NETWORK ASSOCIATES INC COM COMMON STOCK 640938106 12697 985000 SH SOLE 0102 884322 100678 0 D NEWMONT MINING CORP USD1.6 COM COMMON STOCK 651639106 11800 500000 SH SOLE 0102 448770 51230 0 D NEWS CORP LTD ADR NEW ADRS STOCKS 652487703 6131 254400 SH SOLE 0102 226500 27900 0 D NIKE INC CL B COMMON STOCK 654106103 7022 150000 SH SOLE 0102 133570 16430 0 D NOBLE DRILLING CORP COM COMMON STOCK 655042109 11760 490000 SH SOLE 0102 440370 49630 0 D NOVELL INC COM COMMON STOCK 670006105 7320 2000000 SH SOLE 0102 1795125 204875 0 D OCCIDENTAL PETE CORP COM COMMON STOCK 674599105 20202 830000 SH SOLE 0102 745025 84975 0 D OFFICE DEPOT INC USD.01 COM COMMON STOCK 676220106 9180 675000 SH SOLE 0102 607440 67560 0 D PALM INC COM STK COMMON STOCK 696642107 5110 3500000 SH SOLE 0102 3116522 383478 0 D PANCANADIAN PETROLEU NAME CHAN COMMON STOCK 698900206 478 20000 SH SOLE 0102 17810 2190 0 D PASIFIK SATELIT NUSANTARA ADR ADRS STOCKS 69365Q106 65 650000 SH SOLE 0102 590415 59585 0 D PHARMACEUTICAL RESOURCES INC COMMON STOCK 717125108 3636 101700 SH SOLE 0102 91745 9955 0 D PLACER DOME INC CAD COM NPV COMMON STOCK 725906101 12151 950000 SH SOLE 0102 852685 97315 0 D POLYCOM INC COM OPTIONS - PUTS 73172K0VD 7311 300000 SH PUT SOLE 0102 267300 32700 0 D PRIME HOSPITALITY CORP COMMON STOCK 741917108 5808 660000 SH SOLE 0102 598534 61466 0 D PROVINCE HEALTHCARE CO COMMON STOCK 743977100 1837 50000 SH SOLE 0102 45105 4895 0 D PYR ENERGY CORP COM STK COMMON STOCK 693677106 225 121500 SH SOLE 0102 109060 12440 0 D QUIDEL CORP USD.001 COM COMMON STOCK 74838J101 5149 1084000 SH SOLE 0102 972948 111052 0 D QUINTILES TRANSNATIONAL CORP COMMON STOCK 748767100 10549 722500 SH SOLE 0102 649550 72950 0 D REPUBLIC SERVICES INC COM COMMON STOCK 760759100 7938 490000 SH SOLE 0102 443330 46670 0 D RESORTQUEST INTL INC COM STK COMMON STOCK 761183102 2068 689400 SH SOLE 0102 621990 67410 0 D ROYAL CARIBBEAN CRUISES LTD COMMON STOCK V7780T103 2683 250000 SH SOLE 0102 222620 27380 0 D S1 CORPORATION COM STK COMMON STOCK 78463B101 5330 630000 SH SOLE 0102 560915 69085 0 D SCHERING PLOUGH CORP USD1 COM COMMON STOCK 806605101 1299 35000 SH SOLE 0102 31570 3430 0 D SCIENTIFIC-ATLANTA COMMON STOCK 808655104 4813 275000 SH SOLE 0102 244865 30135 0 D SCIOS INC COM COMMON STOCK 808905103 12038 720000 SH SOLE 0102 647328 72672 0 D SEACHANGE INTL INC COM COMMON STOCK 811699107 3494 200000 SH SOLE 0102 179510 20490 0 D SOVEREIGN BANCORP INC COMMON STOCK 845905108 18050 1900000 SH SOLE 0102 1705340 194660 0 D SPRINT CORP USD2.50 COM OPTIONS - CALLS 8520610AE 3361 140000 SH CALL SOLE 0102 126400 13600 0 D STET HELLAS TELECOM S.A. ADR ADRS STOCKS 859823106 2183 450000 SH SOLE 0102 408780 41220 0 D STONE ENERGY CORP COM COMMON STOCK 861642106 8855 275000 SH SOLE 0102 246872 28128 0 D TARO PHARMACEUTICAL INDS SHS A COMMON STOCK M8737E108 527 15000 SH SOLE 0102 13530 1470 0 D TIBCO SOFTWARE INC USD COM COMMON STOCK 88632Q103 6606 900000 SH SOLE 0102 807940 92060 0 D TOYS R US COMMON STOCK 892335100 14645 850000 SH SOLE 0102 762930 87070 0 D UNIVERSAL HEALTH SVCS INC CL B COMMON STOCK 913903100 1708 35000 SH SOLE 0102 31570 3430 0 D VENATOR GROUP INC COM COMMON STOCK 922944103 8388 550000 SH SOLE 0102 489685 60315 0 D VODAFONE GROUP PLC ADR ADRS STOCKS 92857W100 19764 900000 SH SOLE 0102 801300 98700 0 D VULCAN MATERIALS COM COMMON STOCK 929160109 18792 435000 SH SOLE 0102 392455 42545 0 D WEATHERFORD INTERNATIONAL COMMON STOCK 947074100 12245 480000 SH SOLE 0102 431220 48780 0 D WOMEN FIRST HEALTHCA RE INC CO COMMON STOCK 978150100 4032 488700 SH SOLE 0102 439525 49175 0 D WORLDCOM INC WORLDCOM GROUP CO COMMON STOCK 98157D106 3384 225000 SH SOLE 0102 200330 24670 0 S REPORT SUMMARY 85 DATA RECORDS 580645 0 OTHER MANAGERS ON WHOSE BEHALF REPORT IS FILED