0001140361-12-045339.txt : 20121102 0001140361-12-045339.hdr.sgml : 20121102 20121102121730 ACCESSION NUMBER: 0001140361-12-045339 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20120930 FILED AS OF DATE: 20121102 DATE AS OF CHANGE: 20121102 EFFECTIVENESS DATE: 20121102 FILER: COMPANY DATA: COMPANY CONFORMED NAME: JBF Capital, Inc. CENTRAL INDEX KEY: 0001483864 IRS NUMBER: 134259470 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-13723 FILM NUMBER: 121175824 BUSINESS ADDRESS: STREET 1: 306 WEST FRANCIS STREET CITY: ASPEN STATE: CO ZIP: 81611 BUSINESS PHONE: 970-920-1145 MAIL ADDRESS: STREET 1: 306 WEST FRANCIS STREET CITY: ASPEN STATE: CO ZIP: 81611 13F-HR 1 form13fhr.txt NONE UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F Form 13F COVER PAGE Report for the Calendar Year or Quarter Ended: 9/30/2012 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: JBF Capital, Inc. Address: 306 West Francis Street Aspen, CO 81611 Form 13F File Number: 028-13723 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: John B. Fullerton Title: President Phone: 970-920-1145 Signature, Place, and Date of Signing: /s/ John B. Fullerton Aspen, CO 11/2/2012 --------------------------------- --------------------------------- ---------- [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: Form 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 Form 13F Information Table Entry Total: 161 Form 13F Information Table Value Total: $ 423,891 -------------- (In Thousands) List of Other Included Managers: Provide a numbered list of the name(s) and 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report. NONE

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 ---------------------------------------- -------------- --------- -------- -------- --- ---- ---------- -------- ------- ------ ---- ABBOTT LABORATORIES CMN COM 002824100 9,598 140,000 SH 140,000 0 0 ACETO CORP CMN COM 004446100 894 94,651 SH 94,651 0 0 AEROPOSTALE, INC. CMN COM 007865108 14 1,000 SH 1,000 0 0 AIR T INC CMN COM 009207101 18 2,125 SH 2,125 0 0 ALPHA PRO TECH LTD CMN COM 020772109 8 5,600 SH 5,600 0 0 AMERICAN EAGLE OUTFITTERS INC (NEW) COM 02553E106 8,376 397,350 SH 397,350 0 0 AMERICAN INTL GROUP, INC. CMN COM 026874784 5,584 170,300 SH 170,300 0 0 AMERICAN REPROGRAPHICS CO CMN COM 029263100 2,027 474,737 SH 474,737 0 0 AMERISOURCEBERGEN CORPORATION CMN COM 03073E105 2,129 55,000 SH 55,000 0 0 APACHE CORP. CMN COM 037411105 4,747 54,900 SH 54,900 0 0 APOLLO GLOBAL MANAGEMENT, LLC CMN CLASS COM 037612306 136 9,300 SH 9,300 0 0 A APPLE, INC. CMN COM 037833100 13,913 20,856 SH 20,856 0 0 APPLIED MATERIALS INC CMN COM 038222105 3,439 308,000 SH 308,000 0 0 ARROW ELECTRONICS INC. CMN COM 042735100 250 7,426 SH 7,426 0 0 ASSISTED LIVING CONCEPTS, INC. CMN COM 04544X300 1,258 164,881 SH 164,881 0 0 CLASS A BALL CORPORATION CMN COM 058498106 3,465 81,900 SH 81,900 0 0 THE BANCORP INC CMN COM 05969A105 368 35,850 SH 35,850 0 0 BANK OF AMERICA CORP CMN COM 060505104 8,110 918,406 SH 918,406 0 0 BEBE STORES INC CMN COM 075571109 600 125,067 SH 125,067 0 0 BERKSHIRE HATHAWAY INC CL-A (DEL) CLASS COM 084670108 4,910 37 SH 37 0 0 A BLACKSTONE GROUP L.P. (THE) CMN COM 09253U108 7,350 514,700 SH 514,700 0 0 H & R BLOCK INC. CMN COM 093671105 2,666 153,822 SH 153,822 0 0 BODY CENTRAL ACQUISITION CORP. CMN COM 09689U102 10 1,000 SH 1,000 0 0 BOISE INC. CMN COM 09746Y105 175 20,000 SH 20,000 0 0 CIT GROUP INC. CMN CLASS COM 125581801 1,103 28,000 SH 28,000 0 0 CVS CAREMARK CORPORATION CMN COM 126650100 10,781 222,655 SH 222,655 0 0 CA, INC. CMN COM 12673P105 4,874 189,183 SH 189,183 0 0 CAPITAL ONE FINANCIAL CORP CMN COM 14040H105 6,556 115,000 SH 115,000 0 0 PUT/CAT @ 75 EXP 01/19/2013 PUT 149123101 10 50 SH PUT 50 0 0 PUT/CAT @ 70 EXP 01/19/2013 PUT 149123101 9 80 SH PUT 80 0 0 CENTRAL SECURITIES CORP. MUTUAL FUND COM 155123102 7 354 SH 354 0 0 THE CHEF'S WAREHOUSE INC CMN COM 163086101 708 43,239 SH 43,239 0 0 CHEVRON CORPORATION CMN COM 166764100 8,614 73,900 SH 73,900 0 0 CHINA FUND INC. Closed-End Fund COM 169373107 396 17,782 SH 17,782 0 0 CIBER INC CMN COM 17163B102 825 237,814 SH 237,814 0 0 CISCO SYSTEMS, INC. CMN COM 17275R102 5,454 285,633 SH 285,633 0 0 CITIZENS REPUBLIC BANCORP INC CMN COM 174420307 4,847 250,494 SH 250,494 0 0 COCA-COLA COMPANY (THE) CMN COM 191216100 5,646 148,866 SH 148,866 0 0 COMMUNITY WEST BANCSHARES CMN COM 204157101 13 5,000 SH 5,000 0 0 CONTINENTAL MATERIALS CORP CMN COM 211615307 60 4,771 SH 4,771 0 0 COWEN GROUP, INC. CMN COM 223622101 1,008 372,608 SH 372,608 0 0 D.R. HORTON, INC. CMN COM 23331A109 4,146 201,000 SH 201,000 0 0 DST SYSTEM INC COMMON STOCK COM 233326107 2,262 40,000 SH 40,000 0 0 DAEGIS INC CMN COM 233720101 6 5,000 SH 5,000 0 0 WALT DISNEY COMPANY (THE) CMN COM 254687106 261 5,000 SH 5,000 0 0 DOVER DOWNS GAMING & ENTMT INC CMN COM 260095104 40 16,157 SH 16,157 0 0 DR PEPPER SNAPPLE GROUP, INC. CMN COM 26138E109 4,453 100,000 SH 100,000 0 0 EBAY INC. CMN COM 278642103 2,723 56,300 SH 56,300 0 0 ENDO HEALTH SOLUTIONS INC CMN COM 29264F205 2,871 90,500 SH 90,500 0 0 ENGLOBAL CORPORATION CMN COM 293306106 323 597,650 SH 597,650 0 0 EXPEDIA, INC. CMN COM 30212P303 1,301 22,500 SH 22,500 0 0 E Z CORP INC CL-A NON VTG CMN CLASS A COM 302301106 2,240 97,671 SH 97,671 0 0 EXXON MOBIL CORPORATION CMN COM 30231G102 6,859 75,000 SH 75,000 0 0 FEDERAL MOGUL CORP CMN COM 313549404 9 1,000 SH 1,000 0 0 FEDFIRST FINANCIAL CORPORATION CMN COM 31429C101 66 4,390 SH 4,390 0 0 FIFTH THIRD BANCORP CMN COM 316773100 4,141 267,100 SH 267,100 0 0 FIRST CMNTY CORP S C CMN COM 319835104 337 40,000 SH 40,000 0 0

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 ---------------------------------------- -------------- --------- -------- -------- --- ---- ---------- -------- ------- ------ ---- FIRST DEFIANCE FINANCIAL CORP. CMN COM 32006W106 1,374 79,627 SH 79,627 0 0 FIRST FINL BANCORP CMN COM 320209109 1,305 77,161 SH 77,161 0 0 FONAR CORPORATION CMN COM 344437405 4 1,000 SH 1,000 0 0 FORD MOTOR COMPANY CMN COM 345370860 986 100,000 SH 100,000 0 0 FORTRESS INVESTMENT GROUP LLC CMN CLASS COM 34958B106 3,322 751,660 SH 751,660 0 0 A FROZEN FOOD EXPRESS INDS INC CMN COM 359360104 75 37,505 SH 37,505 0 0 FULL HOUSE RESORTS CMN COM 359678109 388 103,374 SH 103,374 0 0 GABELLI HEALTHCARE & WELLNESSR*X TRUST COM 36246K103 191 21,020 SH 21,020 0 0 (THE) MUTUAL FUND GAIN CAPITAL HOLDINGS, INC. CMN COM 36268W100 202 40,981 SH 40,981 0 0 GAP INC CMN COM 364760108 1,073 30,000 SH 30,000 0 0 GENERAL ELECTRIC CO CMN COM 369604103 1,099 48,400 SH 48,400 0 0 GENWORTH FINANCIAL INC CMN CLASS A COM 37247D106 85 16,300 SH 16,300 0 0 GIBRALTAR INDUSTRIES INC CMN COM 374689107 490 38,233 SH 38,233 0 0 GOLDMAN SACHS GROUP, INC.(THE) CMN COM 38141G104 5,414 47,623 SH 47,623 0 0 GOOGLE, INC. CMN CLASS A COM 38259P508 3,244 4,300 SH 4,300 0 0 HCA HOLDINGS, INC. CMN COM 40412C101 5,756 173,100 SH 173,100 0 0 HALLIBURTON COMPANY CMN COM 406216101 3,655 108,500 SH 108,500 0 0 PUT/HBI @ 30 EXP 10/20/2012 PUT 410345102 1 10 SH PUT 10 0 0 HORMEL FOODS CORP CMN COM 440452100 858 29,350 SH 29,350 0 0 HORSEHEAD HOLDING CORP. CMN COM 440694305 47 5,000 SH 5,000 0 0 THE HOWARD HUGHES CORP CMN COM 44267D107 298 4,200 SH 4,200 0 0 HUDSON GLOBAL, INC. CMN COM 443787106 22 4,845 SH 4,845 0 0 HUMANA INC. CMN COM 444859102 13,399 191,009 SH 191,009 0 0 IAC/INTERACTIVECORP CMN COM 44919P508 6,289 120,800 SH 120,800 0 0 ICAHN ENTERPRISES L.P. DEPOSITARY UNIT COM 451100101 36 883 SH 883 0 0 INSPERITY INC CMN COM 45778Q107 1,522 60,329 SH 60,329 0 0 INTEL CORPORATION CMN COM 458140100 3,310 146,100 SH 146,100 0 0 INTERACTIVE BROKERS GROUP, INC*. CMN COM 45841N107 703 50,142 SH 50,142 0 0 ISHARES MSCI JAPAN INDEX FD MARKET ETF 464286848 392 42,800 SH 42,800 0 0 INDEX ge. JPMORGAN CHASE & CO CMN COM 46625H100 12,012 296,745 SH 296,745 0 0 JOHNSON & JOHNSON CMN COM 478160104 12,192 176,921 SH 176,921 0 0 KEMET CORPORATION CMN COM 488360207 241 54,715 SH 54,715 0 0 KRAFT FOODS INC. CMN CLASS A COM 50075N104 8,684 210,000 SH 210,000 0 0 KROGER COMPANY CMN COM 501044101 3,531 150,000 SH 150,000 0 0 LIBBEY INC. CMN COM 529898108 3 200 SH 200 0 0 ELI LILLY & CO CMN COM 532457108 711 15,000 SH 15,000 0 0 LOUISIANA PACIFIC CORP CMN COM 546347105 765 61,165 SH 61,165 0 0 MDC PARTNERS INC CMN CLASS A SUB VTG COM 552697104 2,241 181,625 SH 181,625 0 0 MTS SYSTEMS CORP CMN COM 553777103 145 2,700 SH 2,700 0 0 MVC CAPITAL INC CLOSED END FUND COM 553829102 708 55,278 SH 55,278 0 0 MARATHON OIL CORPORATION CMN COM 565849106 1,065 36,000 SH 36,000 0 0 MCGRAW-HILL COMPANIES INC CMN COM 580645109 2,730 50,000 SH 50,000 0 0 MEDTRONIC INC CMN COM 585055106 4,406 102,183 SH 102,183 0 0 MERCK & CO., INC. CMN COM 58933Y105 8,279 183,600 SH 183,600 0 0 MICROSOFT CORPORATION CMN COM 594918104 4,125 138,600 SH 138,600 0 0 MORGAN STANLEY CMN COM 617446448 3,243 193,700 SH 193,700 0 0 MORGAN STANLEY ASIA PACIFIC FUND INC COM 61744U106 26 1,864 SH 1,864 0 0 MUTUAL FUNDS NAVARRE CORP CMN COM 639208107 757 482,377 SH 482,377 0 0 NEW FRONTIER MEDIA INC CMN COM 644398109 31 23,325 SH 23,325 0 0 NOKIA CORP SPON ADR SPONSORED ADR CMN COM 654902204 1 167 SH 167 0 0 OAKTREE CAPITAL GROUP, LLC CMN COM 674001201 5,547 135,303 SH 135,303 0 0 OCCIDENTAL PETROLEUM CORP CMN COM 674599105 5,680 66,000 SH 66,000 0 0 OCH-ZIFF CAPITAL MGMT, L.L.C. CMN CLASS COM 67551U105 10 1,000 SH 1,000 0 0 A OCWEN FINANCIAL CORPORATION CMN COM 675746309 27 1,000 SH 1,000 0 0 OLD REPUBLIC INTL CORP CMN COM 680223104 3,019 324,600 SH 324,600 0 0

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 ---------------------------------------- -------------- --------- -------- -------- --- ---- ---------- -------- ------- ------ ---- PACIFIC PREMIER BANCORP CMN COM 69478X105 1,059 110,971 SH 110,971 0 0 J.C. PENNEY CO INC (HLDNG CO) CMN COM 708160106 24 1,000 SH 1,000 0 0 PFIZER INC. CMN COM 717081103 3,708 149,200 SH 149,200 0 0 PHILIP MORRIS INTL INC CMN COM 718172109 8,994 100,000 SH 100,000 0 0 PHILLIPS 66 CMN COM 718546104 1,169 25,200 SH 25,200 0 0 PRIVATEBANCORP INC CMN COM 742962103 812 50,767 SH 50,767 0 0 QC HOLDINGS, INC. CMN COM 74729T101 10 2,749 SH 2,749 0 0 REGIONS FINANCIAL CORPORATION CMN COM 7591EP100 6,216 864,000 SH 864,000 0 0 CALL/GLD @ 170 EXP 01/18/2014 CALL 78463V107 4 2 SH CALL 2 0 0 CALL/GLD @ 165 EXP 01/18/2014 CALL 78463V107 17 8 SH CALL 8 0 0 CALL/GLD @ 163 EXP 01/18/2014 CALL 78463V107 22 10 SH CALL 10 0 0 CALL/GLD @ 164 EXP 01/18/2014 CALL 78463V107 21 10 SH CALL 10 0 0 CALL/GLD @ 160 EXP 01/18/2014 CALL 78463V107 47 20 SH CALL 20 0 0 CHARLES SCHWAB CORPORATION CMN COM 808513105 2,765 216,300 SH 216,300 0 0 STANLEY FURNITURE INC (NEW) CMN COM 854305208 2,826 580,369 SH 580,369 0 0 STATE STREET CORPORATION (NEW) CMN COM 857477103 5,605 133,577 SH 133,577 0 0 STEWART INFORMATION SVCS CORP CMN COM 860372101 2,753 136,687 SH 136,687 0 0 TJX COMPANIES INC (NEW) CMN COM 872540109 2,240 50,000 SH 50,000 0 0 TARGET CORPORATION CMN COM 87612E106 8,251 130,000 SH 130,000 0 0 3M COMPANY CMN COM 88579Y101 462 5,000 SH 5,000 0 0 TOLL BROTHERS, INC. CMN COM 889478103 2,785 83,800 SH 83,800 0 0 TOWER GROUP, INC. CMN COM 891777104 1,935 99,736 SH 99,736 0 0 TOWERS WATSON & CO CMN CLASS A COM 891894107 2,286 43,083 SH 43,083 0 0 TRUEBLUE, INC. CMN COM 89785X101 1,118 71,126 SH 71,126 0 0 TUCOWS INC. CMN COM 898697107 145 112,955 SH 112,955 0 0 U.S. GLOBAL INVESTORS INC A CMN COM 902952100 6 1,000 SH 1,000 0 0 UNITED PARCEL SERVICE, INC. CLASS B COM 911312106 4,873 68,091 SH 68,091 0 0 COMMON STOCK UNITEDHEALTH GROUP INCORPORATE*D CMN COM 91324P102 9,697 175,000 SH 175,000 0 0 UNIVERSAL AMERICAN CORP. CMN COM 91338E101 357 38,600 SH 38,600 0 0 VALSPAR CORP CMN COM 920355104 39 700 SH 700 0 0 VANGUARD MSCI EAFE ETF CMN ETF ETF 921943858 14 434 SH 434 0 0 VANGUARD FTSE ALL-WORLD EX-US INDEX ETF 922042775 23 542 SH 542 0 0 FUND ETF VITACOST.COM, INC. CMN CLASS COM 92847A200 81 11,932 SH 11,932 0 0 WAL MART STORES INC CMN COM 931142103 9,257 125,440 SH 125,440 0 0 WASTE MANAGEMENT INC CMN COM 94106L109 3,397 105,900 SH 105,900 0 0 WELLCARE HEALTH PLANS INC CMN COM 94946T106 57 1,000 SH 1,000 0 0 WEST BANCORPORATION INC CMN COM 95123P106 1,723 143,002 SH 143,002 0 0 XILINX INCORPORATED CMN COM 983919101 6,281 188,000 SH 188,000 0 0 XYLEM INC. CMN COM 98419M100 25 1,000 SH 1,000 0 0 AMDOCS LIMITED ORDINARY SHARES COM G02602103 2,692 81,600 SH 81,600 0 0 AXIS CAPITAL HOLDINGS, LTD. CMN COM G0692U109 1,397 40,000 SH 40,000 0 0 ACCENTURE PLC CMN COM G1151C101 5,089 72,665 SH 72,665 0 0 COVIDIEN PUBLIC LIMITED COMPAN*Y CMN COM G2554F113 7,475 125,800 SH 125,800 0 0 GREENLIGHT CAPITAL RE LTD-A CMN COM G4095J109 487 19,696 SH 19,696 0 0 HELEN OF TROY LTD (NEW) CMN COM G4388N106 2,048 64,336 SH 64,336 0 0 LAZARD LTD CMN CLASS A COM G54050102 1,164 39,806 SH 39,806 0 0 TYCO INTERNATIONAL LTD CMN COM H89128104 4,889 86,900 SH 86,900 0 0 LYONDELLBASELL INDUSTRIES N.V. CMN COM N53745100 8,762 169,600 SH 169,600 0 0 CLASS A DHT HOLDINGS INC CMN COM Y2065G121 71 11,396 SH 11,396 0 0