0000902664-11-001572.txt : 20111114 0000902664-11-001572.hdr.sgml : 20111111 20111114103342 ACCESSION NUMBER: 0000902664-11-001572 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20110930 FILED AS OF DATE: 20111114 DATE AS OF CHANGE: 20111114 EFFECTIVENESS DATE: 20111114 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ARROWGRASS CAPITAL PARTNERS (US) LP CENTRAL INDEX KEY: 0001454288 IRS NUMBER: 134365038 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-13317 FILM NUMBER: 111198816 BUSINESS ADDRESS: STREET 1: 245 PARK AVENUE, 39TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10167 BUSINESS PHONE: 44 203 100 1000 MAIL ADDRESS: STREET 1: 245 PARK AVENUE, 39TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10167 13F-HR 1 p11-1823form13fhr.txt ARROWGRASS CAPITAL PARTNERS (US) LP 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: Arrowgrass Capital Partners (US) LP --------------------------------------- Address: 1330 Avenue of the Americas --------------------------------------- 32nd Floor --------------------------------------- New York, New York 10019 --------------------------------------- Form 13F File Number: 028-13317 ----------------- 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 submission. Persons Signing this Report on Behalf of Reporting Manager: Name: Stephen Ellwood ------------------------------- Title: Chief Compliance Officer ------------------------------- Phone: 212-584-1161 ------------------------------- Signature, Place, and Date of Signing: /s/ Stephen Ellwood New York, New York November 14, 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).) Form 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 Form 13F Information Table Entry Total: 81 Form 13F Information Table Value Total: $ 2,436,285 -------------- (In Thousands)

FORM 13F INFORMATION TABLE COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 ---------------------------- ---------------- --------- -------- -------------------- ---------- -------- ----------------------- VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE ---------------------------- ---------------- --------- -------- ----------- --- ---- ---------- -------- ----------- ------ ---- ADVANCED MICRO DEVICES INC NOTE 5.750% 8/1 007903AN7 10,978 43,500 PRN SOLE 43,500 AMERIGROUP CORP NOTE 2.000% 5/1 03073TAB8 17,858 19,471 PRN SOLE 19,471 AMR CORP COM 001765106 16,379 5,533,300 SH PUT SOLE 5,533,300 BANK OF AMERICA CORPORATION COM 060505104 1,439 235,200 SH SOLE 235,200 BLACKBOARD INC COM 091935502 126,614 2,835,070 SH SOLE 2,835,070 BLUE WOLF MONGOLIA HOLDINGS UNIT 99/99/9999 G11962126 6,263 626,250 SH SOLE 626,250 BOEING CO COM 097023105 21,560 356,300 SH CALL SOLE 356,300 BOEING CO COM 097023105 21,560 356,300 SH PUT SOLE 356,300 BOEING CO COM 097023105 3,829 63,271 SH SOLE 63,271 CEPHALON INC COM 156708109 189,125 2,343,556 SH SOLE 2,343,556 CME GROUP INC COM 12572Q105 8,476 34,400 SH CALL SOLE 34,400 CME GROUP INC COM 12572Q105 8,476 34,400 SH PUT SOLE 34,400 CME GROUP INC COM 12572Q105 1,458 5,917 SH SOLE 5,917 COMTECH TELECOMMUNICATIONS C NOTE 3.000% 5/0 205826AF7 8,784 11,000 PRN SOLE 11,000 CONMED CORP NOTE 2.500%11/1 207410AD3 5,393 8,951 PRN SOLE 8,951 CONSTELLATION ENERGY GROUP I COM 210371100 40,198 1,056,162 SH SOLE 1,056,162 CONVERGYS CORP SDCV 5.750% 9/1 212485AE6 4,661 6,000 PRN SOLE 6,000 CUBIST PHARMACEUTICALS INC NOTE 2.250% 6/1 229678AC1 25,042 21,817 PRN SOLE 21,817 EARTHLINK INC FRNT 3.250%11/1 270321AA0 9,954 12,500 PRN SOLE 12,500 EXTERRAN HLDGS INC NOTE 4.250% 6/1 30225XAA1 10,133 24,135 PRN SOLE 24,135 GENERAL MTRS CO COM 37045V100 5,045 250,000 SH PUT SOLE 250,000 GENERAL MTRS CO COM 37045V100 9,303 461,000 SH SOLE 461,000 GENERAL MTRS CO *W EXP 07/10/201 37045V126 42,324 2,573,683 SH SOLE 2,573,683 GENERAL MTRS CO *W EXP 07/10/201 37045V118 59,450 3,305,774 SH SOLE 3,305,774 HANOVER COMPRESSOR CO NOTE 4.750% 1/1 410768AE5 2,870 13,628 PRN SOLE 13,628 HARTFORD FINL SVCS GROUP INC *W EXP 06/26/201 416515120 61,568 4,239,497 SH SOLE 4,239,497 HEADWATERS INC COM 42210P102 360 250,000 SH CALL SOLE 250,000 HONEYWELL INTL INC COM 438516106 14,297 325,600 SH CALL SOLE 325,600 HONEYWELL INTL INC COM 438516106 14,297 325,600 SH PUT SOLE 325,600 HONEYWELL INTL INC COM 438516106 11,226 255,661 SH SOLE 255,661 HORNBECK OFFSHORE SVCS INC N FRNT 1.625%11/1 440543AE6 10,276 20,000 PRN SOLE 20,000 ICONIX BRAND GROUP INC NOTE 1.875% 6/3 451055AB3 9,528 16,620 PRN SOLE 16,620 INTEL CORP COM 458140100 6,612 309,900 SH CALL SOLE 309,900 INTEL CORP COM 458140100 11,945 559,900 SH PUT SOLE 559,900 INTEL CORP COM 458140100 252 11,821 SH SOLE 11,821 INTERDIGITAL INC COM 45867G101 6,531 140,200 SH SOLE 140,200 KINETIC CONCEPTS INC COM NEW 49460W208 61,831 938,400 SH SOLE 938,400 KULICKE & SOFFA INDS INC NOTE 0.875% 6/0 501242AT8 2,909 5,598 PRN SOLE 5,598 LIBERTY GLOBAL INC COM SER C 530555309 6,077 175,587 SH SOLE 175,587 LIFEPOINT HOSPITALS INC SDCV 3.250% 8/1 53219LAG4 10,174 17,000 PRN SOLE 17,000 LINCOLN NATL CORP IND *W EXP 07/10/201 534187117 17,147 1,397,182 SH SOLE 1,397,182 LIZ CLAIBORNE INC COM 539320101 250 50,000 SH SOLE 50,000 MARKET VECTORS ETF TR AGRIBUS ETF 57060U605 5,278 122,100 SH CALL SOLE 122,100 MARKET VECTORS ETF TR AGRIBUS ETF 57060U605 5,278 122,100 SH PUT SOLE 122,100 MARKET VECTORS ETF TR AGRIBUS ETF 57060U605 3,404 78,741 SH SOLE 78,741 MATTEL INC COM 577081102 24,611 950,600 SH CALL SOLE 950,600 MATTEL INC COM 577081102 24,611 950,600 SH PUT SOLE 950,600 MCCLATCHY CO CL A 579489105 889 658,870 SH SOLE 658,870 MEDCO HEALTH SOLUTIONS INC COM 58405U102 120,172 2,562,849 SH SOLE 2,562,849 MEDICIS PHARMACEUTICAL CORP NOTE 2.500% 6/0 58470KAA2 25,486 20,295 PRN SOLE 20,295 MGIC INVT CORP WIS NOTE 5.000% 5/0 552848AD5 1,809 13,000 PRN SOLE 13,000 MGM RESORTS INTERNATIONAL COM 552953101 20,903 2,250,000 SH PUT SOLE 2,250,000 MICROCHIP TECHNOLOGY INC SDCV 2.125%12/1 595017AB0 38,233 35,000 PRN SOLE 35,000 MICROSOFT CORP COM 594918104 5,583 224,300 SH CALL SOLE 224,300 MICROSOFT CORP COM 594918104 5,583 224,300 SH PUT SOLE 224,300 MICROSOFT CORP COM 594918104 477 19,157 SH SOLE 19,157 NALCO HOLDING COMPANY COM 62985Q101 75,745 2,165,380 SH SOLE 2,165,380 NETAPP INC NOTE 1.750% 6/0 64110DAB0 12,252 11,500 PRN SOLE 11,500 PMI GROUP INC NOTE 4.500% 4/1 69344MAK7 2,250 88,200 PRN SOLE 88,200 POWERSHS DB MULTI SECT COMM DB AGRICULT FD 73936B408 4,263 143,700 SH CALL SOLE 143,700

FORM 13F INFORMATION TABLE COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 ---------------------------- ---------------- --------- -------- -------------------- ---------- -------- ----------------------- VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE ---------------------------- ---------------- --------- -------- ----------- --- ---- ---------- -------- ----------- ------ ---- POWERSHS DB MULTI SECT COMM DB AGRICULT FD 73936B408 4,263 143,700 SH PUT SOLE 143,700 POWERSHS DB MULTI SECT COMM DB AGRICULT FD 73936B408 473 15,958 SH SOLE 15,958 PROCTER & GAMBLE CO COM 742718109 17,817 282,000 SH CALL SOLE 282,000 PROCTER & GAMBLE CO COM 742718109 17,817 282,000 SH PUT SOLE 282,000 PROCTER & GAMBLE CO COM 742718109 907 14,359 SH SOLE 14,359 SEALED AIR CORP NEW COM 81211K100 8,546 511,713 SH SOLE 511,713 SESI L L C FRNT 1.500%12/1 78412FAH7 6,434 11,175 PRN SOLE 11,175 SPDR S&P 500 ETF TR TR UNIT 78462F103 86,243 762,200 SH CALL SOLE 762,200 SPDR S&P 500 ETF TR TR UNIT 78462F103 680,846 6,017,200 SH PUT SOLE 6,017,200 SPDR S&P 500 ETF TR TR UNIT 78462F103 18,240 161,200 SH SOLE 161,200 TELEPHONE & DATA SYS INC COM 879433100 3,869 195,700 SH SOLE 195,700 TEXTRON INC NOTE 4.500% 5/0 883203BN0 10,080 7,500 PRN SOLE 7,500 TRANSATLANTIC HLDGS INC COM 893521104 26,468 545,499 SH SOLE 545,499 UNITED PARCEL SERVICE INC CL B 911312106 5,620 89,000 SH CALL SOLE 89,000 UNITED PARCEL SERVICE INC CL B 911312106 5,620 89,000 SH PUT SOLE 89,000 UNITED PARCEL SERVICE INC CL B 911312106 366 5,794 SH SOLE 5,794 VARIAN SEMICONDUCTOR EQUIPMN COM 922207105 231,270 3,782,015 SH SOLE 3,782,015 VERIFONE SYS INC NOTE 1.375% 6/1 92342YAB5 19,055 23,950 PRN SOLE 23,950 YRC WORLDWIDE INC COM NEW 984249300 100 2,034,000 SH PUT SOLE 2,034,000 YRC WORLDWIDE INC COM NEW 984249300 5,478 111,797,491 SH SOLE 111,797,491 ZIONS BANCORPORATION *W EXP 5/22/202 989701115 7,494 988,800 SH SOLE 988,800