13F-HR 1 bos2q11.txt FORM 13F HOLDINGS REPORT UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F Form 13F COVER PAGE Report for the Calendar Year or Quarter Ended: June 30, 2011 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: Boston Provident, L.P. Address: 717 Fifth Avenue Floor 12A New York, New York 10022 13F File Number: 028-04601 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: David Ward Title: Chief Compliance Officer Phone: (212) 421-3737 Signature, Place, and Date of Signing: /s/ David Ward New York, NY/USA July 26, 2011 Report Type (Check only one.): [ X] 13F HOLDINGS REPORT. [ ] 13F NOTICE. [ ] 13F COMBINATION REPORT. FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 Form 13F Information Table Entry Total: 40 Form 13F Information Table Value Total: $167,551 (thousands) List of Other Included Managers: Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional managers with respect to which this report is filed, other than the manager filing this report. NONE 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 DSCRETN MANAGERS SOLE SHARED NONE ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- ACE LTD SHS H0023R105 1931 29340 SH SOLE 29340 0 0 ALTISOURCE PORTFOLIO SOLNS S REG SHS L0175J104 9925 269700 SH SOLE 269700 0 0 BANCO BRADESCO S A SP ADR PFD NEW 059460303 2746 134000 SH SOLE 134000 0 0 BANCO SANTANDER BRASIL S A ADS REP 1 UNIT 05967A107 1726 147400 SH SOLE 147400 0 0 BANCORP INC DEL COM 05969A105 1958 187323 SH SOLE 187323 0 0 BB&T CORP COM 054937107 1610 60000 SH SOLE 60000 0 0 BROADRIDGE FINL SOLUTIONS IN COM 11133T103 4164 173000 SH SOLE 173000 0 0 CAPITALSOURCE INC COM 14055X102 2703 419000 SH SOLE 419000 0 0 CHINA ZENIX AUTO INTL LTD ADS 16951E104 2599 499800 SH SOLE 499800 0 0 CIT GROUP INC COM NEW 125581801 1770 40000 SH SOLE 40000 0 0 CITIZENS REPUBLIC BANCORP IN COM 174420109 1215 1760000 SH SOLE 1760000 0 0 CNINSURE INC SPONSORED ADR 18976M103 950 64500 SH SOLE 64500 0 0 COWEN GROUP INC NEW CL A 223622101 7614 2024948 SH SOLE 2024948 0 0 EAST WEST BANCORP INC COM 27579R104 1523 75336 SH SOLE 75336 0 0 FIRST CTZNS BANCSHARES INC N CL A 31946M103 749 4000 SH SOLE 4000 0 0 FLAGSTAR BANCORP INC COM NEW 337930507 1161 975500 SH SOLE 975500 0 0 GOLDMAN SACHS GROUP INC COM 38141G104 10115 76000 SH SOLE 76000 0 0 HERCULES TECH GROWTH CAP INC COM 427096508 2665 253297 SH SOLE 253297 0 0 INTERVEST BANCSHARES CORP CL A 460927106 2345 766500 SH SOLE 766500 0 0 ITAU UNIBANCO HLDG SA SPON ADR REP PFD 465562106 1043 44300 SH SOLE 44300 0 0 JPMORGAN CHASE & CO COM 46625H100 6444 157400 SH SOLE 157400 0 0 KKR FINANCIAL HLDGS LLC COM 48248A306 7727 787708 SH SOLE 787708 0 0 KNIGHT CAP GROUP INC CL A COM 499005106 1552 140863 SH SOLE 140863 0 0 MF GLOBAL HLDGS LTD COM 55277J108 1006 130000 SH SOLE 130000 0 0 MGIC INVT CORP WIS COM 552848103 2231 374900 SH SOLE 374900 0 0 NELNET INC CL A 64031N108 5740 260200 SH SOLE 260200 0 0 OCWEN FINL CORP COM NEW 675746309 9386 735585 SH SOLE 735585 0 0 ORIENTAL FINL GROUP INC COM 68618W100 3609 280000 SH SOLE 280000 0 0 PNC FINL SVCS GROUP INC COM 693475105 6617 111000 SH SOLE 111000 0 0 POPULAR INC COM 733174106 10065 3646778 SH SOLE 3646778 0 0 PRESIDENTIAL LIFE CORP COM 740884101 1878 179900 SH SOLE 179900 0 0 SELECT SECTOR SPDR TR SBI INT-FINL 81369Y605 14731 960900 SH PUT SOLE 960900 0 0 SLM CORP COM 78442P106 2101 125000 SH SOLE 125000 0 0 SPDR S&P 500 ETF TR TR UNIT 78462F103 13197 100000 SH PUT SOLE 100000 0 0 THL CR INC COM 872438106 1170 89974 SH SOLE 89974 0 0 UMPQUA HLDGS CORP COM 904214103 1512 130711 SH SOLE 130711 0 0 WELLS FARGO & CO NEW COM 949746101 8962 319400 SH SOLE 319400 0 0 WHITE RIVER CAPITAL INC COM 96445P105 3068 159373 SH SOLE 159373 0 0 WILSHIRE BANCORP INC COM 97186T108 5145 1750000 SH SOLE 1750000 0 0 XENITH BANKSHARES INC COM 98410X105 898 218974 SH SOLE 218974 0 0