0000898432-11-000651.txt : 20110511 0000898432-11-000651.hdr.sgml : 20110511 20110511142115 ACCESSION NUMBER: 0000898432-11-000651 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20110331 FILED AS OF DATE: 20110511 DATE AS OF CHANGE: 20110511 EFFECTIVENESS DATE: 20110511 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Telemark Asset Management, LLC CENTRAL INDEX KEY: 0001420816 IRS NUMBER: 200269453 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-12649 FILM NUMBER: 11831465 BUSINESS ADDRESS: STREET 1: ONE INTERNATIONAL PLACE, SUITE 2401 CITY: BOSTON STATE: MA ZIP: 02110 BUSINESS PHONE: 617-526-8910 MAIL ADDRESS: STREET 1: ONE INTERNATIONAL PLACE, SUITE 2401 CITY: BOSTON STATE: MA ZIP: 02110 13F-HR 1 a13fhr.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 31, 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: Telemark Asset Management, LLC Address: One International Place, Suite 2401 Boston, Massachusetts 02110 13 File Number: 028-12649 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: Brian C. Miley Title: Chief Financial Officer Phone: (617) 526-8910 Signature, Place and Date of Signing /s/ Brian C. Miley Boston, Massachusetts May 11, 2011 ------------------ --------------------- ------------ [Signature] [City, State] [Date] Brian C. Miley, Chief Financial Officer Report Type (Check only one.): [X] 13F HOLDINGS REPORT. (Check here if all holding 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).) FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 Form 13F Information Table Entry Total: 32 Data Records Form 13F Information Table Value Total: $254,417 (thousands) Telemark Fund, LP 3/31/2011

Title of Value SHRS or PRN SH/ PUT/ Investment Other Voting Authority Name of Issuer Class CUSIP (x$1,000) Amount PRN CALL Discretion Managers Sole Shared None ACCRETIVE HEALTH Equity 00438V103 $ 10,410 375,000 SH SOLE 375,000 AGNICO EAGLE Equity 008474108 $ 1,991 30,000 SH SOLE 30,000 AMAZON COM Equity 023135106 $ 18,013 100,000 SH SOLE 100,000 APPLE Equity 037833100 $ 12,198 35,000 SH SOLE 35,000 ARM HOLDINGS Equity 042068106 $ 25,353 900,000 SH SOLE 900,000 ARM HOLDINGS PLC Equity G0483X122 $ 9,216 1,000,000 SH SOLE 1,000,000 ASSISTED LIVING CONCEPTS CL A Equity 04544X300 $ 6,654 170,000 SH SOLE 170,000 BARRICK GOLD Equity 067901108 $ 14,016 270,000 SH SOLE 270,000 CDN NATURAL RESOURCE Equity 136385101 $ 14,829 300,000 SH SOLE 300,000 CEPHEID ORD Equity 15670R107 $ 3,643 130,000 SH SOLE 130,000 CHECK POINT SOFTWARE TECHNOLOGIES Equity M22465104 $ 3,063 60,000 SH SOLE 60,000 CLEAN HARBORS Equity 184496107 $ 3,946 40,000 SH SOLE 40,000 COHERENT Equity 192479103 $ 2,906 50,000 SH SOLE 50,000 ELDORADO GOLD Equity 284902103 $ 9,756 600,000 SH SOLE 600,000 EOG RESOURCES Equity 26875P101 $ 24,887 210,000 SH SOLE 210,000 EXXON MOBIL Equity 30231G102 $ 8,413 100,000 SH SOLE 100,000 FRANCO NEVADA Equity 351858105 $ 9,556 260,600 SH SOLE 260,600 GOLAR LNG Equity G9456A100 $ 5,116 200,000 SH SOLE 200,000 GOLDCORP Equity 380956409 $ 14,940 300,000 SH SOLE 300,000 HEARTLAND EXPRESS Equity 422347104 $ 2,631 150,000 SH SOLE 150,000 HECLA MINING Equity 422704106 $ 2,724 300,000 SH SOLE 300,000 HMS HOLDINGS Equity 40425J101 $ 4,093 50,000 SH SOLE 50,000 II VI Equity 902104108 $ 1,493 30,000 SH SOLE 30,000 JB HUNT TRANSPORT SERVICES Equity 445658107 $ 3,179 70,000 SH SOLE 70,000 LAM RESEARCH Equity 512807108 $ 2,833 50,000 SH SOLE 50,000 ORACLE Equity 68389X105 $ 10,030 300,000 SH SOLE 300,000 PREMIER GOLD MINES Equity 74051D104 $ 721 100,000 SH SOLE 100,000 PURE TECHNOLOGIES Equity 745915108 $ 1,720 350,000 SH SOLE 350,000 ROYAL GOLD Equity 780287108 $ 6,288 120,000 SH SOLE 120,000 SPDR GOLD TRUST GOLD SHARES NPV Equity 78463V107 $ 16,783 120,000 SH SOLE 120,000 WALT DISNEY Equity 254687106 $ 2,155 50,000 SH SOLE 50,000 WASTE CONNECTION Equity 941053100 $ 864 30,000 SH SOLE 30,000