0001389610-11-000003.txt : 20110805 0001389610-11-000003.hdr.sgml : 20110805 20110804175634 ACCESSION NUMBER: 0001389610-11-000003 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20110630 FILED AS OF DATE: 20110805 DATE AS OF CHANGE: 20110804 EFFECTIVENESS DATE: 20110805 FILER: COMPANY DATA: COMPANY CONFORMED NAME: VERTEX ONE ASSET MANAGEMENT INC. CENTRAL INDEX KEY: 0001389610 IRS NUMBER: 000000000 STATE OF INCORPORATION: A1 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-12402 FILM NUMBER: 111011704 BUSINESS ADDRESS: STREET 1: 1920-1177 WEST HASTINGS STREET CITY: VANCOUVER STATE: A1 ZIP: V6E 2K3 BUSINESS PHONE: 604-681-5787 MAIL ADDRESS: STREET 1: 1920-1177 WEST HASTINGS STREET CITY: VANCOUVER STATE: A1 ZIP: V6E 2K3 13F-HR 1 q2-13f_2011.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: 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: Vertex One Asset Management Inc. Address: 1920-1177 West Hastings Street Vancouver, British Columbia V6E 2K3 Form 13F File Number: 028-12402 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: Jeffrey D. McCord Title: Managing Director Phone: 604-681-5787 Signature, Place, and Date of Signing: Jeffrey D. McCord Vancouver, British Columbia August 4, 2011 ----------------- --------------------------- ------------ [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 [If there are no entries in this list, omit this section.] FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: Seven Form 13F Information Table Entry Total: 93 Form 13F Information Table Value Total: $442,665 USD (in 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. [If there are no entries in this list, state "NONE" and omit the column headings and list entries.] No. Form 13F File Number Name 01 028-12401 Vertex Fund 02 028-12398 Rocky Mountain Investments Ltd. 03 028-12399 Simkor Investments Ltd. 04 028-12406 589321 BC Ltd. 05 028-12408 Jeffrey McCord 06 028-12407 John Thiessen 07 028-12403 Matthew Wood

TITLE OF VALUE X PRN SH/ PUT/ INVST OTHER VOTING AUTHORITY NAME OF ISSUER CLASS CUSIP ($1,000) AMT PUT CALL DISCR MANAGERS SOLE SHARED NONE --------------------------------------------------------------------------------------------------------------------------------- Anglogold Ashanti Hldgs Fin MAND BD CV 03512Q206 87,233 1,748,512 SH SOLE 01 02 03 04 05 06 07 SOLE Apple Inc COM 037833100 26,854 80,000 SH SOLE 01 02 03 04 05 06 07 SOLE Bucyrus Intl Inc New COM 118759109 8,066 88,000 SH SOLE 01 02 03 04 05 06 07 SOLE Greenlight Capital Re Ltd Cl A G4095J109 5,245 199,600 SH SOLE 01 02 03 04 05 06 07 SOLE Hartford Finl Svcs Group Inc PFD 416515708 7,638 294,000 SH SOLE 01 02 03 04 05 06 07 SOLE Marshall & Ilsley Corp New COM 571837103 9,943 1,247,600 SH SOLE 01 02 03 04 05 06 07 SOLE Sonde Res Corp COM 835426107 1,934 596,423 SH SOLE 01 02 03 04 05 06 07 SOLE Wells Fargo & Co New Perp Pfd 949746804 6,216 5,864 SH SOLE 01 02 03 04 05 06 07 SOLE Whiting Pete Corp New Perp Pfd 966387201 803 3,000 SH SOLE 01 02 03 04 05 06 07 SOLE Marathon Oil Corp COM 565849106 45,516 864,000 SH SOLE 01 02 03 04 05 06 07 SOLE Iron Mtn Inc COM 462846106 25,568 750,000 SH SOLE 01 02 03 04 05 06 07 SOLE Lyondellbasell Industries N SHS A N53745100 2,514 65,252 SH SOLE 01 02 03 04 05 06 07 SOLE Level 3 Communications Inc COM 52729N100 18,300 7,500,000 SH SOLE 01 02 03 04 05 06 07 SOLE Varian Semiconductor Equipmn COM 922207105 7,680 125,000 SH SOLE 01 02 03 04 05 06 07 SOLE Lubrizol Corp COM 549271104 10,272 76,500 SH SOLE 01 02 03 04 05 06 07 SOLE Eastman Kodak Co COM 277461109 10,277 2,870,673 SH SOLE 01 02 03 04 05 06 07 SOLE Hypercom Corp COM 44913M103 2,089 212,500 SH SOLE 01 02 03 04 05 06 07 SOLE Liberty Media Corp New COM SER A 53071M104 6,708 400,000 SH SOLE 01 02 03 04 05 06 07 SOLE SRA Intl Inc COM 78464R105 2,319 75,000 SH SOLE 01 02 03 04 05 06 07 SOLE Sanofi RIGHT 80105N113 1,601 664,400 SH SOLE 01 02 03 04 05 06 07 SOLE Savvis Inc COM NEW 805423308 7,906 200,000 SH SOLE 01 02 03 04 05 06 07 SOLE Warner Music Group Corp COM 934550104 3,169 385,500 SH SOLE 01 02 03 04 05 06 07 SOLE Exco Resources Inc COM 269279402 2,648 150,000 SH SOLE 01 02 03 04 05 06 07 SOLE Alexco Resource Corp COM 01535P106 1,757 244,700 SH SOLE 02 03 04 05 06 07 SOLE American Express Co COM 025816109 517 10,000 SH SOLE 02 03 04 05 06 07 SOLE Anglogold Ashanti Hldgs Fin MAND BD CV 03512Q206 4,231 84,800 SH SOLE 02 03 04 05 06 07 SOLE Apple Inc COM 037833100 2,561 7,630 SH SOLE 02 03 04 05 06 07 SOLE Aspen Insurance Holdings Ltd SHS G05384105 2,783 108,150 SH SOLE 02 03 04 05 06 07 SOLE Aspen Insurance Holdings Ltd PFD PRP G05384113 1,026 19,700 SH SOLE 02 03 04 05 06 07 SOLE Banco Santander SA ADR 05964H105 3,127 271,723 SH SOLE 02 03 04 05 06 07 SOLE Bank Montreal Que COM 063671101 1,608 25,300 SH SOLE 02 03 04 05 06 07 SOLE Bank of America Corporation COM 060505104 996 90,920 SH SOLE 02 03 04 05 06 07 SOLE BCE Inc COM NEW 05534B760 893 22,800 SH SOLE 02 03 04 05 06 07 SOLE Beazer Homes USA Inc NT SUB 07556Q402 2,516 134,900 SH SOLE 02 03 04 05 06 07 SOLE Blackstone Group L P COM UNIT 09253U108 523 31,600 SH SOLE 02 03 04 05 06 07 SOLE Bristol Myers Squibb Co COM 110122108 2,451 84,642 SH SOLE 02 03 04 05 06 07 SOLE CDN Imperial Bk of Commerce COM 136069101 1,278 16,200 SH SOLE 02 03 04 05 06 07 SOLE Celestica Inc SHS 15101Q108 2,321 265,150 SH SOLE 02 03 04 05 06 07 SOLE Central European Media NOTE 153443AH9 1,646 1,850,000 SH SOLE 02 03 04 05 06 07 SOLE Cheniere Energy Parners LP COM UNIT 16411Q101 638 35,500 SH SOLE 02 03 04 05 06 07 SOLE Citigroup Inc UNIT 172967416 2,241 18,650 SH SOLE 02 03 04 05 06 07 SOLE Citigroup Inc COM 172967424 2,124 51,014 SH SOLE 02 03 04 05 06 07 SOLE Eastman Kodak Co NOTE 277461BJ7 877 1,000,000 SH SOLE 02 03 04 05 06 07 SOLE Fibertower Corp NOTE 31567RAC4 1,168 1,305,000 SH SOLE 02 03 04 05 06 07 SOLE General Electric Co COM 369604103 243 12,900 SH SOLE 02 03 04 05 06 07 SOLE Genworth Finl Inc COM CL A 37247D106 3,027 294,500 SH SOLE 02 03 04 05 06 07 SOLE Global Crossing Ltd SHS NEW G3921A175 2,303 60,000 SH SOLE 02 03 04 05 06 07 SOLE Greenlight Capital Re Ltd CLASS A G4095J109 2,833 107,767 SH SOLE 02 03 04 05 06 07 SOLE Hartford Finl Svcs Group Inc CONV PFD 416515708 571 22,000 SH SOLE 02 03 04 05 06 07 SOLE Hovnanian Enterprises Inc UNIT 44248W208 161 10,000 SH SOLE 02 03 04 05 06 07 SOLE Ingersoll-Rand PLC SHS G47791101 5,274 116,146 SH SOLE 02 03 04 05 06 07 SOLE JPMorgan Chase & Co COM 46625H100 982 24,000 SH SOLE 02 03 04 05 06 07 SOLE Keycorp New COM 493267108 1,178 141,400 SH SOLE 02 03 04 05 06 07 SOLE Keycorp New PFD 493267405 358 3,200 SH SOLE 02 03 04 05 06 07 SOLE Level 3 Communications Inc COM 52729N100 2,054 842,000 SH SOLE 02 03 04 05 06 07 SOLE Lilly Eli Co COM 532457108 1,032 27,500 SH SOLE 02 03 04 05 06 07 SOLE Louisiana Pac Corp COM 546347105 895 110,000 SH SOLE 02 03 04 05 06 07 SOLE Manulife Finl Corp COM 56501R106 987 55,800 SH SOLE 02 03 04 05 06 07 SOLE Mattel Inc COM 577081102 8,975 326,500 SH SOLE 02 03 04 05 06 07 SOLE Merck & Co Inc New COM 58933Y105 2,766 78,370 SH SOLE 02 03 04 05 06 07 SOLE Microsoft Corp COM 594918104 1,019 39,200 SH SOLE 02 03 04 05 06 07 SOLE Montpelier Re Holdings Ltd SHS G62185106 9,022 501,200 SH SOLE 02 03 04 05 06 07 SOLE Old Rep Intl Corp COM 680223104 999 85,000 SH SOLE 02 03 04 05 06 07 SOLE Old Rep Intl Corp NOTE 680223AH7 994 1,000,000 SH SOLE 02 03 04 05 06 07 SOLE Oncolytics Biotech Inc COM 682310107 723 130,000 SH SOLE 02 03 04 05 06 07 SOLE Partnerre Ltd COM G6852T105 8,342 121,157 SH SOLE 02 03 04 05 06 07 SOLE Pfizer Inc COM 717081103 8,199 398,000 SH SOLE 02 03 04 05 06 07 SOLE Pitney Bowes Inc COM 724479100 1,283 55,800 SH SOLE 02 03 04 05 06 07 SOLE Platinum Underwriter Hldgs COM G7127P100 8,572 257,900 SH SOLE 02 03 04 05 06 07 SOLE Plum Creek Timber Co Inc COM 729251108 5,230 62,400 SH SOLE 02 03 04 05 06 07 SOLE QLT Inc COM 746927102 2,747 381,800 SH SOLE 02 03 04 05 06 07 SOLE Regions Financial Corp New COM 7591EP100 1,111 179,200 SH SOLE 02 03 04 05 06 07 SOLE Revett Minerals Inc COM NEW 761505205 671 150,000 SH SOLE 02 03 04 05 06 07 SOLE Rogers Communications Inc CL B 775109200 890 22,500 SH SOLE 02 03 04 05 06 07 SOLE San disk Corp NOTE 80004CAC5 2,040 2,100,000 SH SOLE 02 03 04 05 06 07 SOLE Sanofi RIGHT 80105N113 9 3,900 SH SOLE 02 03 04 05 06 07 SOLE Seadrill Limited SHS G7945E105 1,838 52,100 SH SOLE 02 03 04 05 06 07 SOLE Seaspan Corp SHS Y75638109 438 30,000 SH SOLE 02 03 04 05 06 07 SOLE Sonde Res Corp COM 835426107 324 100,000 SH SOLE 02 03 04 05 06 07 SOLE Sprint Nextel Corp COM SER 1 852061100 539 100,000 SH SOLE 02 03 04 05 06 07 SOLE Starwood Ppty Tr Inc COM 85571B105 677 33,000 SH SOLE 02 03 04 05 06 07 SOLE Sun Life Finl Inc COM 866796105 792 26,300 SH SOLE 02 03 04 05 06 07 SOLE Suntrust Bks Inc COM 867914103 1,300 50,400 SH SOLE 02 03 04 05 06 07 SOLE Supervalu Inc COM 868536103 282 30,000 SH SOLE 02 03 04 05 06 07 SOLE Synovus Finl Corp COM 87161C105 374 180,000 SH SOLE 02 03 04 05 06 07 SOLE Synovus Finl Corp UNIT 87161C204 1,110 54,800 SH SOLE 02 03 04 05 06 07 SOLE Toronto Dominion Bk Ont COM NEW 891160509 466 5,500 SH SOLE 02 03 04 05 06 07 SOLE Valeant Pharmaceuticals COM 91911K102 4,380 84,288 SH SOLE 02 03 04 05 06 07 SOLE Validus Holdings Ltd COM SHS G9319H102 134 4,336 SH SOLE 02 03 04 05 06 07 SOLE Wells Fargo& Co New COM 949746101 503 17,919 SH SOLE 02 03 04 05 06 07 SOLE Weyerhaeuser Co COM 962166104 27 1,226 SH SOLE 02 03 04 05 06 07 SOLE XL Group PLC COM G98290102 3,436 156,350 SH SOLE 02 03 04 05 06 07 SOLE Zions Bancorporation COM 989701107 2,774 115,533 SH SOLE 02 03 04 05 06 07 SOLE