13F-HR 1 fp0002126_13fhr.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: 9-30-2010 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: Newgate Capital Management LLC Address: One Sound Shore Drive Greenwich, CT 06830 Form 13F File Number: 28-4822 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: Sonia Rosenbaum Title: Managing Director Phone: 203-661-0700 Signature, Place, and Date of Signing: /s/ Sonia Rosenbaum Greenwich, CT 10-14-2010 --------------------- ------------- ---------- [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: Form 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 Form 13F Information Table Entry Total: 139 Form 13F Information Table Value Total: $ 1,875,060 ----------- (thousands) List of Other Included Managers: NONE
ITEM 1: ITEM 2: ITEM 3: ITEM 4: ITEM 5: ITEM 6: ITEM 7: ITEM 8: ------------------------------- ---------- --------- ----------- ---------- ---------- --------- ----------------------- NAME OF ISSUER TITLE OF CUSIP FAIR SHARES OR INVESTMENT OTHER VOTING AUTHORITY CLASS NUMBER MARKET PRINCIPAL DISCRETION MANAGERS -------- ------ ------- VALUE AMOUNT (A) (B) (C) SOLE SHARED NONE ------------------------------- ---------- --------- ----------- ---------- ---------- --------- ----------------------- AGRIUM INC COM 008916108 10,158,553 135,465 SOLE N/A 134,124 1,341 ALLIANCEBERNSTEIN INCOME FUND COM 01881E101 25,902,851 3,091,032 SOLE N/A 3,077,024 14,008 ALPHA NATURAL RESOURCES COM 02076X102 7,789,530 189,296 SOLE N/A 187,461 1,835 AMERICA MOVIL SP ADR 02364W105 64,884,158 1,216,654 SOLE N/A 1,200,517 16,137 ANDERSONS INC COM 034164103 10,328,660 272,524 SOLE N/A 269,659 2,865 ANGLOGOLD ASHANTI SP ADR 035128206 19,547,960 422,750 SOLE N/A 413,897 8,853 APACHE CORP COM 037411105 10,926,596 111,770 SOLE N/A 110,642 1,128 ARCHER DANIELS MIDLAND COM 039483102 3,204,991 100,407 SOLE N/A 99,339 1,068 BAIDU INC ADR 056752108 463,842 4,520 SOLE N/A 4,520 0 BANCO BRADESCO SP ADR 059460303 14,694,591 721,030 SOLE N/A 711,556 9,474 BLACKROCK APEX MUNICIPAL FUND COM 09254H106 2,835,608 298,485 SOLE N/A 298,485 0 BLACKROCK CREDIT ALLOCATION INCOME TR II COM 09255H105 4,808,274 459,682 SOLE N/A 457,728 1,954 BLACKROCK CREDIT ALLOCATION COM 09249V103 10,347,334 919,763 SOLE N/A 915,800 3,963 BLACKROCK DEBT STRATEGIES FUND COM 09255R103 3,063,876 769,818 SOLE N/A 767,028 2,790 BLACKROCK ENHANCED GOVT FUND COM 09255K108 8,560,193 514,744 SOLE N/A 512,305 2,439 BLACKROCK INVESTMENT QUAL MUNI COM 09247D105 978,347 64,620 SOLE N/A 64,620 0 BLACKROCK MUNIASSETS FUND COM 09254J102 3,257,053 249,774 SOLE N/A 249,774 0 BRASIL FOODS SP ADR 10552T107 11,420,312 735,371 SOLE N/A 718,428 16,943 BRASIL TELECOM SP ADR 10553M101 7,863,280 396,135 SOLE N/A 390,834 5,301 BRASIL TELECOM - C SP ADR 10553M200 2,365,612 274,433 SOLE N/A 270,341 4,092 BUCYRUS INTERNATIONAL COM 118759109 8,550,786 123,299 SOLE N/A 122,103 1,196 CALAMOS CONVERTIBLE OPP & INCOME SH BEN 128117108 5,613,056 436,474 SOLE N/A 434,874 1,600 CALAMOS GLOBAL DYNAMIC INCOME FUND COM 12811L107 3,486,709 430,990 SOLE N/A 430,990 0 CATERPILLAR INC COM 149123101 9,425,707 119,798 SOLE N/A 118,642 1,156 CEMIG SP ADR 204409601 12,958,819 790,654 SOLE N/A 773,648 17,006 CF INDUSTRIES HOLDINGS COM 125269100 6,345,047 66,440 SOLE N/A 65,777 663 CHESAPEAKE ENERGY CORP COM 165167107 3,589,731 158,487 SOLE N/A 156,970 1,517 CHEVRON CORP COM 166764100 8,509,602 104,992 SOLE N/A 103,976 1,016 CHINA LIFE INSURANCE SP ADR 16939P106 33,104,129 556,559 SOLE N/A 543,887 12,672 CHINA PETROLEUM & CHEMICAL SP ADR 16941R108 16,328,357 184,961 SOLE N/A 180,763 4,198 CHINA UNICOM SP ADR 16945R104 14,344,192 985,178 SOLE N/A 962,656 22,522 CHUNGHWA TELECOM SP ADR 17133Q106 10,388,419 463,355 SOLE N/A 453,001 10,354 CLIFFS NATURAL RESOURCES COM 18683K101 18,260,541 285,678 SOLE N/A 282,926 2,752 CME GROUP COM 12572Q105 8,789,406 33,747 SOLE N/A 33,428 319 CNOOC SP ADR 126132109 30,731,654 158,166 SOLE N/A 154,589 3,577 COHEN & STEERS REIT & PFD INCOME FD COM 19247X100 2,275,844 173,596 SOLE N/A 173,261 335 COMPANHIA DE BEBIDAS SP ADR 20441W203 23,170,764 187,405 SOLE N/A 184,986 2,419 COSAN COM G25343107 12,550,660 1,082,887 SOLE N/A 1,072,379 10,508 CREDICORP COM G2519Y108 17,139,900 150,482 SOLE N/A 148,328 2,154 CTRIP.COM INTERNATIONAL ADR 22943F100 33,950,489 711,005 SOLE N/A 702,924 8,081 DRYSHIPS ADR Y2109Q101 11,268,536 2,342,731 SOLE N/A 2,319,759 22,972 DUFF & PHELPS UTIL & CORP BOND TRUST COM 26432K108 15,115,904 1,180,930 SOLE N/A 1,175,578 5,352 EATON VANCE INSURED MUNI BOND COM 27827X101 1,182,668 85,084 SOLE N/A 85,084 0 EATON VANCE INSURED MUNI II COM 27827K109 632,580 45,152 SOLE N/A 45,152 0 EATON VANCE MUNICIPAL INCOME SH BEN 27826U108 3,963,089 306,030 SOLE N/A 306,030 0 EL PASO CORP COM 28336L109 4,597,474 371,363 SOLE N/A 367,688 3,675 EMPRESA NACIONAL DE ELECTRICIDAD CHILE SP ADR 29244T101 18,413,586 340,803 SOLE N/A 336,615 4,188 EXXON MOBIL CORP COM 30231G102 11,081,542 179,342 SOLE N/A 177,577 1,765 FOMENTO ECONOMICO MEXICO SP ADR 344419106 22,888,361 451,180 SOLE N/A 445,077 6,103 FREEPORT-MCMORAN COPPER COM 35671D857 17,810,489 208,578 SOLE N/A 206,474 2,104 GENERAL MARITIME CORP SH BEN Y2693R101 8,715,216 1,774,993 SOLE N/A 1,757,861 17,132 GERDAU SP ADR 373737105 12,212,865 897,345 SOLE N/A 876,924 20,421 GLOBAL X CHINA FINANCIALS ETF 37950E606 37,199,655 2,701,500 SOLE N/A 2,699,301 2,199 GLOBAL X CHINA INDUSTRIALS ETF 37950E705 9,625,432 570,565 SOLE N/A 570,093 472 GLOBAL X CHINA MATERIALS ETF 37950E879 23,195,481 1,716,912 SOLE N/A 1,715,492 1,420 GREAT BASIN GOLD COM 390124105 8,418,234 3,436,014 SOLE N/A 3,402,706 33,308 GRUPO TELEVISA SP ADR 40049J206 3,186,052 168,396 SOLE N/A 164,535 3,861 HELIOS STRATEGIC INCOME FUND I COM 42328A203 3,120,624 569,457 SOLE N/A 566,669 2,788 HESS CORP COM 42809H107 7,474,601 126,431 SOLE N/A 125,180 1,251 HORSEHEAD HOLDING CORP COM 440694305 9,961,436 1,009,264 SOLE N/A 999,239 10,025 HUANENG POWER INTL ADR 443304100 19,751,968 797,737 SOLE N/A 779,395 18,342 ICICI BANK ADR 45104G104 27,432,455 550,300 SOLE N/A 540,026 10,274 INFOSYS TECHNOLOGIES SP ADR 456788108 19,136,435 284,303 SOLE N/A 278,717 5,586 INVESCO VAN KAMPEN MUNICIPAL SH BEN 46131J103 675,296 46,863 SOLE N/A 46,863 0 IPATH MSCI INDIA INDEX MSCI IN 06739F291 29,319,044 386,999 SOLE N/A 386,771 228 ISHARES FTSE NAREIT MORTGAGE ETF BD 464288539 10,915,130 749,151 SOLE N/A 748,056 1,095 ISHARES MSCI SOUTH AFRICA MSCI SA 464286780 33,218,994 494,183 SOLE N/A 493,778 405 ISHARES MSCI SOUTH KOREA MSCI SK 464286772 27,938,108 522,305 SOLE N/A 521,884 421 ISHARES MSCI TAIWAN MSCI TW 464286731 27,938,045 2,061,848 SOLE N/A 2,060,187 1,661 ISHARES MSCI TURKEY MSCI TR 464286715 14,979,557 213,902 SOLE N/A 213,730 172 ISHARES S&P NATL MUNICIPAL BOND FUND COM 464288414 2,840,616 26,605 SOLE N/A 26,605 0 ITAU UNIBANCO SP ADR 465562106 57,708,617 2,386,626 SOLE N/A 2,334,319 52,307 ITAU UNIBANCO SP ADR 465562114 604,500 25,000 SOLE N/A 25,000 0 JOY GLOBAL COM 481165108 7,043,181 100,159 SOLE N/A 99,188 971 JSC MMC NORILSK NICKEL ADR 46626D108 5,193,515 304,605 SOLE N/A 304,362 243 KB FINANCIAL GROUP SP ADR 48241A105 33,551,734 782,639 SOLE N/A 765,202 17,437 KOREA FUND COM 500634209 5,781,723 137,660 SOLE N/A 137,345 315 LAS VEGAS SANDS CORP COM 517834107 21,909,254 628,673 SOLE N/A 614,398 14,275 LUKOIL SP ADR 677862104 25,042,098 440,882 SOLE N/A 440,575 307 MECHEL SP ADR 583840103 26,942,423 1,082,025 SOLE N/A 1,069,201 12,824 MELCO PBL ENTERTAINMENT ADR 585464100 51,220,532 10,102,669 SOLE N/A 9,946,411 156,258 MFS GOVT MARKETS INCOME TRUST SH BEN 552939100 1,266,897 166,697 SOLE N/A 165,225 1,472 MOBILE TELESYSTEMS SP ADR 607409109 27,446,250 1,292,805 SOLE N/A 1,273,331 19,474 MOSAIC COM 61945A107 6,355,072 108,153 SOLE N/A 107,085 1,068 MTN GROUP ADR 62474M108 284,574 15,559 SOLE N/A 15,559 0 NATIONAL BANK OF GREECE-ADR ADR 633643408 179,314 78,993 SOLE N/A 78,993 0 NATIONAL OILWELL VARCO COM 637071101 6,700,250 150,669 SOLE N/A 149,171 1,498 NAVIOS MARITIME HOLDINGS COM Y62196103 3,691,749 628,918 SOLE N/A 628,716 202 NEUBERGER BERMAN REAL ESTATE INCOME FD COM 64190A103 4,799,618 1,311,371 SOLE N/A 1,305,317 6,054 NEWFIELD EXPLORATION COM 651290108 8,213,863 142,999 SOLE N/A 141,604 1,395 NUVEEN CALI MUNI VALUE FUND COM 67062C107 3,035,430 320,870 SOLE N/A 320,870 0 NUVEEN MUNICIPAL VALUE FUND COM 670928100 3,976,835 393,746 SOLE N/A 393,746 0 NUVEEN QUALITY PREFERRED II COM 67072C105 7,369,583 855,933 SOLE N/A 852,134 3,799 OAO GAZPROM SP ADR 368287207 10,696,882 509,618 SOLE N/A 509,212 406 OCCIDENTAL PETROLEUM CORP COM 674599105 8,830,255 112,775 SOLE N/A 111,658 1,117 PEABODY ENERGY CORP COM 704549104 3,523,035 71,884 SOLE N/A 71,135 749 PETROLEO BRASILEIRO - A SP ADR 71654V101 50,049,975 1,524,984 SOLE N/A 1,504,450 20,534 PETROLEO BRASILEIRO SP ADR 71654V408 30,499,225 840,894 SOLE N/A 826,664 14,230 PIMCO MUNICIPAL INCOME FUND II COM 72200W106 3,050,982 259,658 SOLE N/A 259,658 0 PIMCO STRATEGIC GLOBAL GOVT COM 72200X104 14,540,201 1,384,781 SOLE N/A 1,378,309 6,472 POSCO SP ADR 693483109 33,628,317 295,037 SOLE N/A 288,382 6,655 POTASH CORP OF SASKATCHEWAN COM 73755L107 9,242,080 64,163 SOLE N/A 63,518 645 POWERSHARES INS NATL MUNI BD FUND SH BEN 73936T474 2,869,407 116,690 SOLE N/A 116,690 0 QUADRA MINING COM 74733X106 2,227,697 151,544 SOLE N/A 151,484 60 REPSOL YPF SP ADR 76026T205 13,510,103 525,072 SOLE N/A 519,932 5,140 RIO TINTO SP ADR 767204100 14,590,764 248,438 SOLE N/A 245,884 2,554 SASOL SP ADR 803866300 8,589,423 191,771 SOLE N/A 187,251 4,520 SCHLUMBERGER COM 806857108 14,442,616 234,420 SOLE N/A 231,988 2,432 SHINHAN FINANCIAL SP ADR 824596100 28,641,284 373,517 SOLE N/A 365,166 8,351 SILICONWARE PRECISION SP ADR 827084864 8,019,817 1,479,671 SOLE N/A 1,478,452 1,219 SK TELECOM SP ADR 78440P108 13,181,307 754,511 SOLE N/A 737,352 17,159 SOUTHERN COPPER CORP COM 84265V105 15,870,939 451,906 SOLE N/A 441,636 10,270 SOUTHWESTERN ENERGY COM 845467109 11,156,955 333,641 SOLE N/A 330,402 3,239 SPDR BARCLAYS CAPITAL HIGH YIELD BOND ETF 78464A417 7,928,222 198,156 SOLE N/A 197,292 864 SPDR NUVEEN BARCLAYS CAPITAL MUNI BD SH BEN 78464A458 1,930,794 81,987 SOLE N/A 81,987 0 STANDARD BANK GROUP ADR 853118107 504,626 15,819 SOLE N/A 15,819 0 TAIWAN SEMICONDUCTOR SP ADR 874039100 23,613,555 2,328,753 SOLE N/A 2,294,590 34,163 TECK COMINCO COM 878742204 12,636,614 307,012 SOLE N/A 304,020 2,992 TEMPLETON GLOBAL INCOME FUND COM 880198106 809,470 75,090 SOLE N/A 71,798 3,292 TEVA PHARMACEUTICAL SP ADR 881624209 9,733,852 184,528 SOLE N/A 184,472 56 TOTAL SP ADR 89151E109 10,264,788 198,930 SOLE N/A 197,020 1,910 ULTRA PETROLEUM CORP COM 903914109 11,397,024 271,487 SOLE N/A 268,856 2,631 UNITED STATES STEEL CORP COM 912909108 3,770,152 85,998 SOLE N/A 85,138 860 VALE SP ADR 91912E105 97,581,256 3,120,603 SOLE N/A 3,059,353 61,250 VIMPELCOM SP ADR 92719A106 23,687,265 1,595,102 SOLE N/A 1,573,265 21,837 VIVO PARTICIPACOES SP ADR 92855S200 16,093,715 592,334 SOLE N/A 584,484 7,850 WA/CLAYMORE INFLATION LINKED FUND SH BEN 95766Q106 3,597,013 278,622 SOLE N/A 277,383 1,239 WA/CLAYMORE INFLATION LINKED OPP FUND COM 95766R104 6,671,288 528,628 SOLE N/A 526,377 2,251 WALTER ENERGY COM 93317Q105 8,462,777 104,106 SOLE N/A 103,098 1,008 WEATHERFORD INTL COM H27013103 9,215,789 538,935 SOLE N/A 533,651 5,284 WESTERN ASSET HIGH INCOME FUND II COM 95766J102 1,983,540 203,440 SOLE N/A 202,683 757 WESTERN ASSET HIGH INCOME OPP FUND COM 95766K109 168,161 26,820 SOLE N/A 25,642 1,178 WESTERN ASSET MUNI HIGH INCOME FUND COM 95766N103 1,248,831 159,697 SOLE N/A 159,697 0 WESTERN COAL CORP COM 95801T107 2,365,481 411,388 SOLE N/A 411,226 162 WILLIAMS COS INC COM 969457100 4,610,307 241,251 SOLE N/A 238,922 2,329 WORLD FUEL SERVICES CORP COM 981475106 9,285,440 356,995 SOLE N/A 353,509 3,486 WYNN RESORTS COM 983134107 17,756,352 204,637 SOLE N/A 199,910 4,727 XSTRATA ADR 98418K105 4,868,852 1,277,914 SOLE N/A 1,277,450 464 YANZHOU COAL MINING SP ADR 984846105 32,271,656 1,324,237 SOLE N/A 1,297,598 26,639