0000898432-11-001194.txt : 20111110 0000898432-11-001194.hdr.sgml : 20111110 20111110153512 ACCESSION NUMBER: 0000898432-11-001194 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20110930 FILED AS OF DATE: 20111110 DATE AS OF CHANGE: 20111110 EFFECTIVENESS DATE: 20111110 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: 111195104 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 a13f-hr.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: September 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: 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 November 10, 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: 31 Data Records Form 13F Information Table Value Total: $208,408 (thousands) Telemark Fund, LP 9/30/2011

Title of Value SHRS or PRN Investment Other Voting Authority Security Description Class CUSIP (x$1,000) Amount SH/PRN PUT/CALL Discretion Managers Sole Shares None ACCRETIVE HEALTH Com 00438V103 3,185 150,000 SH SOLE 150,000 AGNICO EAGLE Com 008474108 1,190 20,000 SH SOLE 20,000 AMAZON COM Com 023135106 19,461 90,000 SH SOLE 90,000 APPLE Com 037833100 15,253 40,000 SH SOLE 40,000 ARM HOLDINGS Spons ADR 042068106 21,675 850,000 SH SOLE 850,000 ARM HOLDINGS PLC Com G0483X122 8,352 950,000 SH SOLE 950,000 ASSISTED LIVING CONCEPTS CL A New 04544X300 1,901 150,000 SH SOLE 150,000 BARRICK GOLD Com 067901108 6,998 150,000 SH SOLE 150,000 CANADIAN NATURAL RESOURCE Com 136385101 2,927 100,000 SH SOLE 100,000 CELADON GROUP Com 150838100 444 50,000 SH SOLE 50,000 CEPHEID Com 15670R107 7,766 200,000 SH SOLE 200,000 CLEAN HARBORS Com 184496107 10,260 200,000 SH SOLE 200,000 ELDORADO GOLD Com 284902103 5,142 300,000 SH SOLE 300,000 EOG RESOURCES Com 26875P101 710 10,000 SH SOLE 10,000 FRANCO NEVADA Com 351858105 9,027 250,000 SH SOLE 250,000 GOLAR LNG SHS G9456A100 9,534 300,000 SH SOLE 300,000 GOLDCORP Com 380956409 18,256 400,000 SH SOLE 400,000 HEARTLAND EXPRESS Com 422347104 3,390 250,000 SH SOLE 250,000 HMS HOLDINGS Com 40425J101 3,659 150,000 SH SOLE 150,000 IAMGOLD Com 450913108 989 50,000 SH SOLE 50,000 JB HUNT TRANSPORT SERVICES Com 445658107 2,528 70,000 SH SOLE 70,000 LANDSTAR SYSTEM Com 515098101 2,769 70,000 SH SOLE 70,000 MINEFINDERS Com 602900102 1,740 125,000 SH SOLE 125,000 NEWMONT MINING Com 651639106 4,407 70,000 SH SOLE 70,000 OCCIDENTAL PETROLEUM Com 674599105 2,145 30,000 SH SOLE 30,000 OLD DOMINION FREIGHT LINE Com 679580100 2,028 70,000 SH SOLE 70,000 ROYAL GOLD Com 780287108 7,687 120,000 SH SOLE 120,000 SPDR GOLD TRUST GOLD SHARES NPV GOLD SHS 78463V107 31,612 200,000 SH SOLE 200,000 UNIVERSAL TRUCKLOAD SERVICES Com 91388P105 18 1,393 SH SOLE 1,393 WASTE CONNECTION Com 941053100 1,691 50,000 SH SOLE 50,000 WERNER ENTERPRISES Com 950755108 1,666 80,000 SH SOLE 80,000 208,408