0001140361-12-036641.txt : 20120813 0001140361-12-036641.hdr.sgml : 20120813 20120813171439 ACCESSION NUMBER: 0001140361-12-036641 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20120630 FILED AS OF DATE: 20120813 DATE AS OF CHANGE: 20120813 EFFECTIVENESS DATE: 20120813 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: 121028518 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: 6/30/2012 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 8/13/2012 --------------------------------- --------------------------------- ---------- [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: 160 Form 13F Information Table Value Total: $ 407,902 -------------- (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 6,125 95,000 SH 95,000 0 0 ACETO CORP CMN COM 004446100 855 94,651 SH 94,651 0 0 AIR T INC CMN COM 009207101 19 2,125 SH 2,125 0 0 ALPHA PRO TECH LTD CMN COM 020772109 8 5,600 SH 5,600 0 0 AMERICAN REPROGRAPHICS CO CMN COM 029263100 2,544 505,719 SH 505,719 0 0 AMERISOURCEBERGEN CORPORATION CMN COM 03073E105 2,164 55,000 SH 55,000 0 0 APACHE CORP. CMN COM 037411105 3,067 34,900 SH 34,900 0 0 APPLE, INC. CMN COM 037833100 19,363 33,156 SH 33,156 0 0 APPLIED MATERIALS INC CMN COM 038222105 3,525 308,000 SH 308,000 0 0 ARROW ELECTRONICS INC. CMN COM 042735100 244 7,426 SH 7,426 0 0 BALL CORPORATION CMN COM 058498106 3,362 81,900 SH 81,900 0 0 THE BANCORP INC CMN COM 05969A105 338 35,850 SH 35,850 0 0 BANK OF AMERICA CORP CMN COM 060505104 7,513 918,406 SH 918,406 0 0 BARRY R G CORP (OHIO) CMN COM 068798107 694 51,040 SH 51,040 0 0 BEBE STORES INC CMN COM 075571109 801 136,500 SH 136,500 0 0 BERKSHIRE HATHAWAY INC CL-A (DEL) COM 084670108 4,373 35 SH 35 0 0 CLASS A BLACKSTONE GROUP L.P. (THE) CMN COM 09253U108 6,727 514,700 SH 514,700 0 0 H & R BLOCK INC. CMN COM 093671105 2,458 153,822 SH 153,822 0 0 BODY CENTRAL ACQUISITION CORP. CMN COM 09689U102 9 1,000 SH 1,000 0 0 BOISE INC. CMN COM 09746Y105 132 20,000 SH 20,000 0 0 CNO FINANCIAL GROUP INC CMN COM 12621E103 3,874 496,698 SH 496,698 0 0 CVS CAREMARK CORPORATION CMN COM 126650100 8,535 182,655 SH 182,655 0 0 CA, INC. CMN COM 12673P105 5,125 189,183 SH 189,183 0 0 CAPITAL ONE FINANCIAL CORP CMN COM 14040H105 6,286 115,000 SH 115,000 0 0 PUT/CAT @ 75 EXP 01/19/2013 PUT 149123101 24 50 SH PUT 50 0 0 PUT/CAT @ 70 EXP 01/19/2013 PUT 149123101 28 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 780 43,239 SH 43,239 0 0 CHEVRON CORPORATION CMN COM 166764100 7,796 73,900 SH 73,900 0 0 CHINA FUND INC. Closed-End Fund COM 169373107 706 32,209 SH 32,209 0 0 CIBER INC CMN COM 17163B102 1,025 237,814 SH 237,814 0 0 CISCO SYSTEMS, INC. CMN COM 17275R102 5,505 320,633 SH 320,633 0 0 CITIZENS REPUBLIC BANCORP INC CMN COM 174420307 4,291 250,494 SH 250,494 0 0 COCA-COLA COMPANY (THE) CMN COM 191216100 5,820 74,433 SH 74,433 0 0 COMMUNITY WEST BANCSHARES CMN COM 204157101 12 5,000 SH 5,000 0 0 CONTINENTAL MATERIALS CORP CMN COM 211615307 62 4,771 SH 4,771 0 0 COWEN GROUP, INC. CMN COM 223622101 620 233,155 SH 233,155 0 0 D.R. HORTON, INC. CMN COM 23331A109 5,523 300,500 SH 300,500 0 0 DST SYSTEM INC COMMON STOCK COM 233326107 2,172 40,000 SH 40,000 0 0 DOVER DOWNS GAMING & ENTMT INC CMN COM 260095104 49 16,157 SH 16,157 0 0 DR PEPPER SNAPPLE GROUP, INC. CMN COM 26138E109 4,375 100,000 SH 100,000 0 0 EBAY INC. CMN COM 278642103 3,449 82,100 SH 82,100 0 0 ENDO HEALTH SOLUTIONS INC CMN COM 29264F205 2,804 90,500 SH 90,500 0 0 ENGLOBAL CORPORATION CMN COM 293306106 1,245 830,233 SH 830,233 0 0 EXPEDIA, INC. CMN COM 30212P303 1,082 22,500 SH 22,500 0 0 E Z CORP INC CL-A NON VTG CMN CLASS A COM 302301106 2,129 90,736 SH 90,736 0 0 EXXON MOBIL CORPORATION CMN COM 30231G102 6,418 75,000 SH 75,000 0 0 FEDERAL MOGUL CORP CMN COM 313549404 11 1,000 SH 1,000 0 0 FEDFIRST FINANCIAL CORPORATION CMN COM 31429C101 63 4,390 SH 4,390 0 0 FIFTH THIRD BANCORP CMN COM 316773100 3,579 267,100 SH 267,100 0 0 FIRST DEFIANCE FINANCIAL CORP. CMN COM 32006W106 1,917 111,981 SH 111,981 0 0 FIRST FINL BANCORP CMN COM 320209109 1,233 77,161 SH 77,161 0 0 FONAR CORPORATION CMN COM 344437405 4 1,000 SH 1,000 0 0 FORTRESS INVESTMENT GROUP LLC CMN COM 34958B106 2,533 751,660 SH 751,660 0 0 CLASS A FROZEN FOOD EXPRESS INDS INC CMN COM 359360104 41 37,505 SH 37,505 0 0 FULL HOUSE RESORTS CMN COM 359678109 299 103,374 SH 103,374 0 0 GABELLI DIVIDEND & INCM TRUST MUTUAL COM 36242H104 1,534 98,886 SH 98,886 0 0 FUND

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 ------------------------------------- -------------- --------- -------- --------- --- ---- ---------- -------- --------- ------ ---- GABELLI HEALTHCARE & WELLNESSR*X COM 36246K103 177 21,020 SH 21,020 0 0 TRUST (THE) MUTUAL FUND GAIN CAPITAL HOLDINGS, INC. CMN COM 36268W100 204 40,981 SH 40,981 0 0 GAP INC CMN COM 364760108 1,642 60,000 SH 60,000 0 0 GENERAL ELECTRIC CO CMN COM 369604103 1,009 48,400 SH 48,400 0 0 GIBRALTAR INDUSTRIES INC CMN COM 374689107 397 38,233 SH 38,233 0 0 GOLDMAN SACHS GROUP, INC.(THE) CMN COM 38141G104 5,800 60,500 SH 60,500 0 0 GOOGLE, INC. CMN CLASS A COM 38259P508 2,494 4,300 SH 4,300 0 0 HCA HOLDINGS, INC. CMN COM 40412C101 5,267 173,100 SH 173,100 0 0 PUT/HBI @ 30 EXP 10/20/2012 PUT 410345102 3 10 SH PUT 10 0 0 HORSEHEAD HOLDING CORP. CMN COM 440694305 50 5,000 SH 5,000 0 0 THE HOWARD HUGHES CORP CMN COM 44267D107 259 4,200 SH 4,200 0 0 HUMANA INC. CMN COM 444859102 7,574 97,800 SH 97,800 0 0 IAC/INTERACTIVECORP CMN COM 44919P508 5,508 120,800 SH 120,800 0 0 ICAHN ENTERPRISES L.P. DEPOSITARY COM 451100101 35 878 SH 878 0 0 UNIT INSPERITY INC CMN COM 45778Q107 1,632 60,329 SH 60,329 0 0 INTEL CORPORATION CMN COM 458140100 10,423 391,100 SH 391,100 0 0 INTERACTIVE BROKERS GROUP, INC*. CMN COM 45841N107 738 50,142 SH 50,142 0 0 ISHARES MSCI JAPAN INDEX FD MARKET ETF 464286848 403 42,800 SH 42,800 0 0 INDEX ge. JPMORGAN CHASE & CO CMN COM 46625H100 10,067 281,745 SH 281,745 0 0 JOHNSON & JOHNSON CMN COM 478160104 11,953 176,921 SH 176,921 0 0 KEMET CORPORATION CMN COM 488360207 24 4,000 SH 4,000 0 0 KRAFT FOODS INC. CMN CLASS A COM 50075N104 8,110 210,000 SH 210,000 0 0 KROGER COMPANY CMN COM 501044101 3,479 150,000 SH 150,000 0 0 LIBBEY INC. CMN COM 529898108 3 200 SH 200 0 0 LIBERTY ALL-STAR EQUITY FD(SBI COM 530158104 189 41,800 SH 41,800 0 0 MUTUAL FUND ELI LILLY & CO CMN COM 532457108 644 15,000 SH 15,000 0 0 LOUISIANA PACIFIC CORP CMN COM 546347105 1,471 135,165 SH 135,165 0 0 MDC PARTNERS INC CMN CLASS A SUB VTG COM 552697104 895 78,904 SH 78,904 0 0 MTS SYSTEMS CORP CMN COM 553777103 104 2,700 SH 2,700 0 0 MVC CAPITAL INC CLOSED END FUND COM 553829102 716 55,278 SH 55,278 0 0 MARATHON OIL CORPORATION CMN COM 565849106 921 36,000 SH 36,000 0 0 MASTERCARD INCORPORATED CMN CLASS A COM 57636Q104 2,151 5,000 SH 5,000 0 0 MCGRAW-HILL COMPANIES INC CMN COM 580645109 2,250 50,000 SH 50,000 0 0 MEDTRONIC INC CMN COM 585055106 3,958 102,183 SH 102,183 0 0 MERCK & CO., INC. CMN COM 58933Y105 6,413 153,600 SH 153,600 0 0 MICROSOFT CORPORATION CMN COM 594918104 11,078 362,130 SH 362,130 0 0 MORGAN STANLEY CMN COM 617446448 2,826 193,700 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 432 271,809 SH 271,809 0 0 NEW FRONTIER MEDIA INC CMN COM 644398109 38 23,325 SH 23,325 0 0 NOKIA CORP SPON ADR SPONSORED ADR CMN COM 654902204 1 167 SH 167 0 0 NUVEEN CREDIT STRATEGIES INCOME FUND COM 67073D102 1,279 141,040 SH 141,040 0 0 MUTUAL FUND OAKTREE CAPITAL GROUP, LLC CMN COM 674001201 4,688 132,625 SH 132,625 0 0 OCCIDENTAL PETROLEUM CORP CMN COM 674599105 5,661 66,000 SH 66,000 0 0 OCH-ZIFF CAPITAL MGMT, L.L.C. CMN COM 67551U105 8 1,000 SH 1,000 0 0 CLASS A OCWEN FINANCIAL CORPORATION CMN COM 675746309 19 1,000 SH 1,000 0 0 PACIFIC PREMIER BANCORP CMN COM 69478X105 932 110,971 SH 110,971 0 0 J.C. PENNEY CO INC (HLDNG CO) CMN COM 708160106 23 1,000 SH 1,000 0 0 PFIZER INC. CMN COM 717081103 2,990 130,000 SH 130,000 0 0 PHILIP MORRIS INTL INC CMN COM 718172109 8,726 100,000 SH 100,000 0 0 PHILLIPS 66 CMN COM 718546104 838 25,200 SH 25,200 0 0 PRIVATEBANCORP INC CMN COM 742962103 749 50,767 SH 50,767 0 0 PROGRESSIVE CORPORATION (THE) CMN COM 743315103 1,875 90,000 SH 90,000 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 ------------------------------------- -------------- --------- -------- --------- --- ---- ---------- -------- --------- ------ ---- QC HOLDINGS, INC. CMN COM 74729T101 12 2,749 SH 2,749 0 0 QUALCOMM INC CMN COM 747525103 3,062 55,000 SH 55,000 0 0 REGIONS FINANCIAL CORPORATION CMN COM 7591EP100 3,005 445,200 SH 445,200 0 0 CALL/GLD @ 170 EXP 01/18/2014 CALL 78463V107 3 2 SH CALL 2 0 0 CALL/GLD @ 165 EXP 01/18/2014 CALL 78463V107 12 8 SH CALL 8 0 0 CALL/GLD @ 163 EXP 01/18/2014 CALL 78463V107 16 10 SH CALL 10 0 0 CALL/GLD @ 164 EXP 01/18/2014 CALL 78463V107 16 10 SH CALL 10 0 0 CALL/GLD @ 160 EXP 01/18/2014 CALL 78463V107 34 20 SH CALL 20 0 0 CHARLES SCHWAB CORPORATION CMN COM 808513105 2,797 216,300 SH 216,300 0 0 STANLEY FURNITURE INC (NEW) CMN COM 854305208 2,556 640,615 SH 640,615 0 0 STATE STREET CORPORATION (NEW) CMN COM 857477103 5,963 133,577 SH 133,577 0 0 STEWART INFORMATION SVCS CORP CMN COM 860372101 3,063 199,540 SH 199,540 0 0 STEWART INFORMATION SERV 6.00000000 CNV 860372AB7 4,013 3,000,000 PRN 3,000,000 0 0 10/15/2014 CONV AO TJX COMPANIES INC (NEW) CMN COM 872540109 2,147 50,000 SH 50,000 0 0 TARGET CORPORATION CMN COM 87612E106 7,565 130,000 SH 130,000 0 0 3M COMPANY CMN COM 88579Y101 448 5,000 SH 5,000 0 0 TOLL BROTHERS, INC. CMN COM 889478103 2,491 83,800 SH 83,800 0 0 TOWER GROUP, INC. CMN COM 891777104 2,081 99,736 SH 99,736 0 0 TOWERS WATSON & CO CMN CLASS A COM 891894107 2,581 43,083 SH 43,083 0 0 TRUEBLUE, INC. CMN COM 89785X101 973 62,850 SH 62,850 0 0 TUCOWS INC. CMN COM 898697107 110 100,000 SH 100,000 0 0 TUESDAY MORNING CORP CMN COM 899035505 644 150,050 SH 150,050 0 0 U.S. GLOBAL INVESTORS INC A CMN COM 902952100 4 1,000 SH 1,000 0 0 PUT/UA @ 60 EXP 07/21/2012 PUT 904311107 1 15 SH PUT 15 0 0 PUT/UA @ 72.5 EXP 07/21/2012 PUT 904311107 1 50 SH PUT 50 0 0 PUT/UA @ 70 EXP 07/21/2012 PUT 904311107 1 112 SH PUT 112 0 0 PUT/UA @ 67.5 EXP 07/21/2012 PUT 904311107 1 210 SH PUT 210 0 0 UNITED PARCEL SERVICE, INC. CLASS B COM 911312106 7,726 98,091 SH 98,091 0 0 COMMON STOCK UNITEDHEALTH GROUP INCORPORATE*D CMN COM 91324P102 5,727 97,900 SH 97,900 0 0 UNIVERSAL AMERICAN CORP. CMN COM 91338E101 406 38,600 SH 38,600 0 0 VALSPAR CORP CMN COM 920355104 37 700 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 22 542 SH 542 0 0 FUND ETF VISA INC. CMN CLASS A COM 92826C839 3,214 26,000 SH 26,000 0 0 VITACOST.COM, INC. CMN CLASS COM 92847A200 70 11,932 SH 11,932 0 0 WAL MART STORES INC CMN COM 931142103 8,746 125,440 SH 125,440 0 0 WASTE MANAGEMENT INC CMN COM 94106L109 3,537 105,900 SH 105,900 0 0 WELLCARE HEALTH PLANS INC CMN COM 94946T106 2,657 50,131 SH 50,131 0 0 WEST BANCORPORATION INC CMN COM 95123P106 1,379 145,006 SH 145,006 0 0 XILINX INCORPORATED CMN COM 983919101 6,311 188,000 SH 188,000 0 0 XYLEM INC. CMN COM 98419M100 25 1,000 SH 1,000 0 0 AMDOCS LIMITED ORDINARY SHARES COM G02602103 2,425 81,600 SH 81,600 0 0 AXIS CAPITAL HOLDINGS, LTD. CMN COM G0692U109 1,302 40,000 SH 40,000 0 0 ACCENTURE PLC CMN COM G1151C101 4,366 72,665 SH 72,665 0 0 COVIDIEN PUBLIC LIMITED COMPAN*Y CMN COM G2554F113 6,730 125,800 SH 125,800 0 0 GREENLIGHT CAPITAL RE LTD-A CMN COM G4095J109 501 19,696 SH 19,696 0 0 HELEN OF TROY LTD (NEW) CMN COM G4388N106 5,895 173,950 SH 173,950 0 0 LAZARD LTD CMN CLASS A COM G54050102 3 100 SH 100 0 0 TYCO INTERNATIONAL LTD CMN COM H89128104 1,950 36,900 SH 36,900 0 0 LYONDELLBASELL INDUSTRIES N.V. CMN COM N53745100 6,830 169,600 SH 169,600 0 0 CLASS A