13F-HR 1 strome13f-111407.txt ----------------------------------- OMB APPROVAL ----------------------------------- OMB Number: 3235-0006 Expires: December 31, 2009 Estimated average burden hours per response.............23.5 ----------------------------------- 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 30, 2007 -------------------------------- 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: Strome Investment Management, L.P. ------------------------------------------------- Address: 100 Wilshire Blvd., Suite 1750 ------------------------------------------------- Santa Monica, CA 90401 ------------------------------------------------- ------------------------------------------------- Form 13F File Number: 28 - 04963 -------------------- 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: Michael D. Achterberg ----------------------------------------------- Title: Chief Financial Officer ----------------------------------------------- Phone: (310) 917-6600 ----------------------------------------------- Signature, Place, and Date of Signing: /s/ Michael D. Achterberg Santa Monica, CA November 14, 2007 ------------------------------ -------------------- -------------------- [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 1 FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 1 --------------------- Form 13F Information Table Entry Total: 31 --------------------- Form 13F Information Table Value Total: $102,329 --------------------- (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. No. 13F File No. Name 01 28-4168 Mark Strome 2
FORM 13F INFORMATION TABLE COLUMN 1 COLUMN 2 COLUMN 3 COLUMN4 COLUMN5 COLUMN6 COLUMN7 COLUMN8 ------------------------------------------------------------------------------------------------------------------------------------ VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CUSIP (x1000) PRN AMT PRN CALL DISCRETION* MGRS SOLE SHARED NONE CLASS ------------------------------------------------------------------------------------------------------------------------------------ AGNICO EAGLE MINES LTD COM 008474108 1,494 30,000 SH DEFINED 1 30,000 ALLIANCE HOLDINGS GP COM LP UNITS LP 01861G100 1,625 67,500 SH DEFINED 1 67,500 ANADARKO PETROLEUM CORP COM 032511107 5,375 100,000 SH DEFINED 1 100,000 APACHE CORP. COM 037411105 1,801 20,000 SH DEFINED 1 20,000 BARRICK GOLD CORPORATION COM 067901108 4,028 100,000 SH DEFINED 1 100,000 BREITBURN ENERGY COM UT PARTNERS LP LTD PTN 106776107 169 5,200 SH DEFINED 1 5,200 CAMECO CORPORATION COM 13321L108 6,936 150,000 SH DEFINED 1 150,000 CONSTELLATION COM UNIT ENERGY PARTNERS LLC LLC B 21038E101 2,177 51,100 SH DEFINED 1 51,100 EAGLE ROCK ENERGY PARTNERS, LP UNIT 26985R104 4,618 219,995 SH DEFINED 1 219,995 ENERGY TRANSFER COM UT EQUITY L P LTD PTN 29273V100 69 2,000 SH DEFINED 1 2,000 FRONTEER DEVELOPMENT GROUP INC. COM 35903Q106 367 35,000 SH DEFINED 1 35,000 W.R. GRACE & CO (NEW) COM 38388F108 3,089 115,000 SH DEFINED 1 115,000 HECLA MINING CO. COM 422704106 3,133 350,000 SH DEFINED 1 350,000 INERGY HOLDINGS, L.P. COM 45661Q107 588 12,334 SH DEFINED 1 12,334 COM NO KINROSS GOLD CORP PAR 496902404 1,498 100,000 SH DEFINED 1 100,000 UNIT LTD LINN ENERGY, LLC LIAB 536020100 24,152 757,582 SH DEFINED 1 757,582 NEWMONT MINING CORPORATION COM 651639106 2,237 50,000 SH DEFINED 1 50,000 NORTH AMERICAN PALLADIUM LTD COM 656912102 1,148 150,000 SH DEFINED 1 150,000
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FORM 13F INFORMATION TABLE COLUMN 1 COLUMN 2 COLUMN 3 COLUMN4 COLUMN5 COLUMN6 COLUMN7 COLUMN8 ------------------------------------------------------------------------------------------------------------------------------------ VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CUSIP (x1000) PRN AMT PRN CALL DISCRETION* MGRS SOLE SHARED NONE CLASS ------------------------------------------------------------------------------------------------------------------------------------ PAN AMERICAN SILVER CORP COM 697900108 3,468 120,000 SH DEFINED 1 120,000 PLAINS EXPL & PROD CO LP COM 726505100 1,106 25,000 SH DEFINED 1 25,000 RANDGOLD RESOURCES LIMITED ADR ADR 752344309 3,324 100,000 SH DEFINED 1 100,000 RANGE RESOURCES CORPORATION COM 75281A109 4,066 100,000 SH DEFINED 1 100,000 REGENCY ENERGY COM PARTNERS LP UNITS LP 75885Y107 770 26,200 SH DEFINED 1 26,200 SILVER STANDARD RESOURCES INC COM 82823L106 3,543 95,000 SH DEFINED 1 95,000 SPECTRA ENERGY PARTNERS LP COM 84756N109 1,011 38,500 SH DEFINED 1 38,500 TALISMAN ENERGY INC. COM 87425E103 4,728 240,000 SH DEFINED 1 240,000 TERRA NITROGEN CO LP CO COM UNIT 881005201 6,342 50,000 SH DEFINED 1 50,000 URANIUM RESOURCES COM PAR INC $0.001 916901507 235 25,000 SH DEFINED 1 25,000 VALERO ENERGY CORPORATION COM 91913Y100 6,718 100,000 SH DEFINED 1 100,000 VALERO ENERGY CORPORATION COM 91913Y100 130 2,000 SH CALL DEFINED 1 2,000 WILLIAMS COMPANIES INC. (THE) COM 969457100 2,384 70,000 SH DEFINED 1 70,000 *INVESMENT DISCRETION OVER ALL SECURITIES REPORTED IS SHARED WITH THE OTHER MANAGER ON WHOSE BEHALF THIS FORM 13F REPORT IS BEING FILED.