0001389610-12-000004.txt : 20121114 0001389610-12-000004.hdr.sgml : 20121114 20121114155656 ACCESSION NUMBER: 0001389610-12-000004 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20120930 FILED AS OF DATE: 20121114 DATE AS OF CHANGE: 20121114 EFFECTIVENESS DATE: 20121114 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: 121204252 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 q3-13f_2012.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, 2012 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 November 14, 2012 ----------------- --------------------------- ------------ [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 FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 Form 13F Information Table Entry Total: 88 Form 13F Information Table Value Total: $696,352 USD (in thousands)

TITLE VALUE X PRN SH/ PUT/ INVST OTHER VOTING AUTHORITY NAME OF ISSUER CLASS CUSIP ($1,000) AMT PUT CALL DISCR MNGERS SOLE SHARED NONE ------------------------------------------------------------------------------------------------------ AMARIN CORP PLC SPONS 023111206 12,730 1010000 SH SOLE SOLE AMERICAN CAPITAL AGENCY COM 02503X105 346 10000 SH SOLE SOLE AMERICAN INTL GROUP INC COM 026874784 9,840 300000 SH SOLE SOLE AMERICAN RLTY CAP TR INC COM 02917L101 34,080 2904500 SH SOLE SOLE ANGLOGOLD ASHANTI HLDGS MAND 03512Q206 64,263 1544712 SH SOLE SOLE ANNALY CAP MGMT INC COM 035710409 590 35000 SH SOLE SOLE APOLLO RESIDENTIAL MTG COM 03763V102 220 10000 SH SOLE SOLE Apple Inc COM 037833100 36,943 55350 SH SOLE SOLE Aspen Insurance Holdings SHS G05384105 4,610 151150 SH SOLE SOLE ASPEN INSURNACE HOLDINGS PFD G05384113 1,144 19700 SH SOLE SOLE BANCO SANTANDER SA ADR 05964H105 2,080 278679 SH SOLE SOLE Bank of America Corp COM 060505104 1,006 113920 SH SOLE SOLE BANK OF NEW YORK MELLON COM 064058100 226 10000 SH SOLE SOLE BANK OF NOVA SCOTIA COM 064149107 274 5000 SH SOLE SOLE BARCLAYS BK PLC IPTH S&P NEW 06740C261 270 30000 SH SOLE SOLE BCE Inc COM NEW 05534B760 457 10400 SH SOLE SOLE BEAZER HOMES USA INC COM 07556Q105 1,678 472512 SH SOLE SOLE BRISTOL MYERS SQUIBB CO COM 110122108 2,216 65642 SH SOLE SOLE Celestica Inc SUB VTG SHS 15101Q108 2,526 136450 SH SOLE SOLE CENTRAL EUROPEAN MEDIA NOTE 153443AH9 11,831 12450000 SH SOLE SOLE CHIMERA INVT CORP COM 16934Q109 11,534 4255000 SH SOLE SOLE CHUBB CORP COM 171232101 366 4800 SH SOLE SOLE CISCO SYS INC COM 17275R102 223 11700 SH SOLE SOLE CITIGROUP INC UNIT 172967416 1,809 18650 SH SOLE SOLE CITIGROUP INC COM 172967424 1,670 51014 SH SOLE SOLE COOPER INDUSTRIES PLC SHS G24140108 31,684 422000 SH SOLE SOLE DENISON MINES CORP COM 248356107 445 300000 SH SOLE SOLE DOLLAR THRIFTY AUTO COM 256743105 10,435 120000 SH SOLE SOLE FACEBOOK INC CL A 30303M102 14,834 685000 SH SOLE SOLE General Electric Co COM 369604103 377 16600 SH SOLE SOLE Genworth Finl Inc COM 37247D106 3,546 677800 SH SOLE SOLE Goodyear Tire & Rubr Co PFD 382550309 689 15600 SH SOLE SOLE Greenlight Capital Re Cl A G4095J109 9,961 402367 SH SOLE SOLE HOVNANIAN ENTERPRISES CL A 442487203 519 150000 SH SOLE SOLE HOVNANIAN ENTERPRISES UNIT 44248W208 190 10000 SH SOLE SOLE Ingersoll-Rand PLC SHS G47791101 2,741 61146 SH SOLE SOLE JOHNSON & JOHNSON COM 478160104 689 10000 SH SOLE SOLE KEYCORP NEW PFD 493267405 396 3200 SH SOLE SOLE Keycorp New COM 493267108 3,040 347700 SH SOLE SOLE KRAFT FOODS INC COM 50075N104 10,340 250000 SH SOLE SOLE LAS VEGAS SANDS CORP COM 517834107 533 11500 SH SOLE SOLE LEVEL 3 COMMUNICATIONS COM 52729N308 4,021 175000 SH SOLE SOLE LIBERTY INTERACTIVE CORP LBT 53071M880 248 5000 SH SOLE SOLE LIBERTY INTERACTIVE CORP RIGHT 53071M112 4,559 336634 SH SOLE SOLE LIBERTY INTERACTIVE CORP INT 53071M104 15,729 850000 SH SOLE SOLE LIBERTY MEDIA CORP DEB 530715AG6 2,731 4250000 SH SOLE SOLE LILLY ELI & CO COM 532457108 716 15100 SH SOLE SOLE Louisiana Pac Corp COM 546347105 1,263 101000 SH SOLE SOLE MANULIFE FINL CORP COM 56501R106 467 38800 SH SOLE SOLE MATTEL INC COM 577081102 10,026 282500 SH SOLE SOLE MERCK & CO INC NEW COM 58933Y105 3,626 80370 SH SOLE SOLE MICROSOFT CORP COM 594918104 399 13400 SH SOLE SOLE MONSTER WORLDWIDE INC COM 611742107 10,516 1434200 SH SOLE SOLE MONTPELIER RE HOLDINGS SHS G62185106 12,282 550696 SH SOLE SOLE MORGAN STANLEY COM 617446448 3,349 200000 SH SOLE SOLE NEXEN INC COM 65334H102 91,022 3591030 SH SOLE SOLE Old Rep Intl Corp COM 680223104 791 85000 SH SOLE SOLE PAR PHARMACEUTICAL COS COM 69888P106 4,999 100000 SH SOLE SOLE Partnerre Ltd COM G6852T105 10,161 136757 SH SOLE SOLE Pfizer Inc COM 717081103 9,018 362800 SH SOLE SOLE PHH CORP COM 693320202 25,274 1241630 SH SOLE SOLE Platinum Underwriter COM G7127P100 11,197 273900 SH SOLE SOLE PLUM CREEK TIMBER CO COM 729251108 2,166 49400 SH SOLE SOLE QLT Inc COM 746927102 4,184 531800 SH SOLE SOLE Regions Financial Corp COM 7591EP100 2,718 376800 SH SOLE SOLE RESOURCE CAP CORP COM 76120W302 588 100000 SH SOLE SOLE ROYAL BK SCOTLAND GROUP SP ADR 780097739 571 27694 SH SOLE SOLE ROYAL BK SCOTLAND GROUP ADR 780097754 662 31500 SH SOLE SOLE ROYAL BK SCOTLAND GROUP SP ADR 780097713 52,172 2298698 SH SOLE SOLE ROYAL GOLD INC NOTE 780287AA6 1,215 1000000 SH SOLE SOLE SANDISK CORP NOTE 80004CAD3 1,137 1000000 SH SOLE SOLE SEADRILL LIMITED SHS G7945E105 1,299 33100 SH SOLE SOLE SHAW COMMUNICATIONS CL 82028K200 205 10000 SH SOLE SOLE SHAW GROUP INC COM 820280105 28,173 645700 SH SOLE SOLE SPANISH BROADCASTING SYS CL 846425833 651 199649 SH SOLE SOLE SPRINT NEXTEL CORP COM 852061100 47,762 8650000 SH SOLE SOLE Student Transn Inc COM 86388A108 8,474 1245972 SH SOLE SOLE Suntrust Bks Inc COM 867914103 1,496 52900 SH SOLE SOLE Synovus Finl Corp UNIT 87161C204 542 25000 SH SOLE SOLE Synovus Finl Corp COM 87161C105 427 180000 SH SOLE SOLE TALISMAN ENERGY INC COM 87425E103 8,727 655000 SH SOLE SOLE TORONTO DOMINION BK ONT COM 891160509 500 6000 SH SOLE SOLE TYCO INTERNATIONAL LTD SHS H89128104 6,190 110000 SH SOLE SOLE VALIDUS HOLDINGS LTD COM G9319H102 1,707 50336 SH SOLE SOLE VERISON COMMUNICATIONS COM 92343V104 228 5000 SH SOLE SOLE Wells Fargo & Co New COM 949746101 619 17919 SH SOLE SOLE XL Group PLC COM G98290102 5,745 239021 SH SOLE SOLE Zions Bancorporation COM 989701107 2,449 118533 SH SOLE SOLE