0001140361-13-017141.txt : 20130423 0001140361-13-017141.hdr.sgml : 20130423 20130423154834 ACCESSION NUMBER: 0001140361-13-017141 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20130331 FILED AS OF DATE: 20130423 DATE AS OF CHANGE: 20130423 EFFECTIVENESS DATE: 20130423 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: 13776477 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: 3/31/2013 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, Colorado 4/23/2013 --------------------------------- --------------------------------- ---------- [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: 123 Form 13F Information Table Value Total: $ 546,655 -------------- (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 ------------------------------------- -------------- --------- -------- --------- --- ---- ---------- -------- --------- ------ ---- ARC DOCUMENT SOLUTIONS INC CMN COM 00191G103 1,414 474,337 SH SOLE 474,337 0 0 ADCARE HEALTH SYSTEMS, INC. CMN COM 00650W300 106 26,600 SH SOLE 26,600 0 0 AEROPOSTALE, INC. CMN COM 007865108 14 1,000 SH SOLE 1,000 0 0 PUT/ARLP @ 50 EXP 06/22/2013 PUT 01877R108 1 5 SH PUT SOLE 5 0 0 ALPHA PRO TECH LTD CMN COM 020772109 5 3,600 SH SOLE 3,600 0 0 AMERCO CMN COM 023586100 174 1,000 SH SOLE 1,000 0 0 AMERICAN EAGLE OUTFITTERS INC (NEW) COM 02553E106 1,406 75,200 SH SOLE 75,200 0 0 AMERICAN INTL GROUP, INC. CMN COM 026874784 13,793 355,300 SH SOLE 355,300 0 0 AMERISOURCEBERGEN CORPORATION CMN COM 03073E105 2,830 55,000 SH SOLE 55,000 0 0 APOLLO GLOBAL MANAGEMENT, LLC CMN COM 037612306 201 9,300 SH SOLE 9,300 0 0 CLASS A APPLIED MATERIALS INC CMN COM 038222105 4,152 308,000 SH SOLE 308,000 0 0 ARROW ELECTRONICS INC. CMN COM 042735100 302 7,426 SH SOLE 7,426 0 0 ASSISTED LIVING CONCEPTS, INC. CMN COM 04544X300 1,960 164,881 SH SOLE 164,881 0 0 CLASS A BALL CORPORATION CMN COM 058498106 3,373 70,900 SH SOLE 70,900 0 0 THE BANCORP INC CMN COM 05969A105 991 71,572 SH SOLE 71,572 0 0 BANK OF AMERICA CORP CMN COM 060505104 11,186 918,406 SH SOLE 918,406 0 0 BEBE STORES INC CMN COM 075571109 417 100,000 SH SOLE 100,000 0 0 BERKSHIRE HATHAWAY INC CL-A (DEL) COM 084670108 5,782 37 SH SOLE 37 0 0 CLASS A BLACKSTONE GROUP L.P. (THE) CMN COM 09253U108 10,181 514,700 SH SOLE 514,700 0 0 BODY CENTRAL ACQUISITION CORP. CMN COM 09689U102 9 1,000 SH SOLE 1,000 0 0 BOISE INC. CMN COM 09746Y105 173 20,000 SH SOLE 20,000 0 0 CIT GROUP INC. CMN CLASS COM 125581801 1,217 28,000 SH SOLE 28,000 0 0 CVS CAREMARK CORPORATION CMN COM 126650100 12,244 222,655 SH SOLE 222,655 0 0 THE CHEF'S WAREHOUSE INC CMN COM 163086101 799 43,239 SH SOLE 43,239 0 0 CHEVRON CORPORATION CMN COM 166764100 8,781 73,900 SH SOLE 73,900 0 0 CIBER INC CMN COM 17163B102 1,118 237,814 SH SOLE 237,814 0 0 CISCO SYSTEMS, INC. CMN COM 17275R102 1,580 75,633 SH SOLE 75,633 0 0 CITIZENS REPUBLIC BANCORP INC CMN COM 174420307 1,313 58,242 SH SOLE 58,242 0 0 COMMUNITY WEST BANCSHARES CMN COM 204157101 24 5,000 SH SOLE 5,000 0 0 CONTINENTAL MATERIALS CORP CMN COM 211615307 84 4,771 SH SOLE 4,771 0 0 COWEN GROUP, INC. CMN COM 223622101 1,722 610,466 SH SOLE 610,466 0 0 D.R. HORTON, INC. CMN COM 23331A109 3,234 133,100 SH SOLE 133,100 0 0 DST SYSTEM INC COMMON STOCK COM 233326107 2,851 40,000 SH SOLE 40,000 0 0 DAEGIS INC CMN COM 233720101 6 5,000 SH SOLE 5,000 0 0 DOVER DOWNS GAMING & ENTMT INC CMN COM 260095104 34 16,157 SH SOLE 16,157 0 0 DR PEPPER SNAPPLE GROUP, INC. CMN COM 26138E109 939 20,000 SH SOLE 20,000 0 0 EBAY INC. CMN COM 278642103 2,933 54,100 SH SOLE 54,100 0 0 E Z CORP INC CL-A NON VTG CMN CLASS A COM 302301106 2,251 105,671 SH SOLE 105,671 0 0 FEDFIRST FINANCIAL CORPORATION CMN COM 31429C101 78 4,390 SH SOLE 4,390 0 0 FIRST CMNTY CORP S C CMN COM 319835104 358 40,000 SH SOLE 40,000 0 0 FIRST FINL BANCORP CMN COM 320209109 1,238 77,161 SH SOLE 77,161 0 0 FONAR CORPORATION CMN COM 344437405 7 1,000 SH SOLE 1,000 0 0 FORD MOTOR COMPANY CMN COM 345370860 2,827 215,000 SH SOLE 215,000 0 0 FORTRESS INVESTMENT GROUP LLC CMN COM 34958B106 4,811 751,660 SH SOLE 751,660 0 0 CLASS A FROZEN FOOD EXPRESS INDS INC CMN COM 359360104 52 37,505 SH SOLE 37,505 0 0 FULL HOUSE RESORTS CMN COM 359678109 3 1,197 SH SOLE 1,197 0 0 GABELLI HEALTHCARE & WELLNESSR*X COM 36246K103 139 14,020 SH SOLE 14,020 0 0 TRUST (THE) MUTUAL FUND GAP INC CMN COM 364760108 1,062 30,000 SH SOLE 30,000 0 0 GENWORTH FINANCIAL INC CMN CLASS A COM 37247D106 163 16,300 SH SOLE 16,300 0 0 GIBRALTAR INDUSTRIES INC CMN COM 374689107 698 38,233 SH SOLE 38,233 0 0 GOLDMAN SACHS GROUP, INC.(THE) CMN COM 38141G104 7,008 47,625 SH SOLE 47,625 0 0 GOOGLE, INC. CMN CLASS A COM 38259P508 3,415 4,300 SH SOLE 4,300 0 0 HCA HOLDINGS, INC. CMN COM 40412C101 3,047 75,000 SH SOLE 75,000 0 0 HORSEHEAD HOLDING CORP. CMN COM 440694305 54 5,000 SH SOLE 5,000 0 0 HUDSON GLOBAL, INC. CMN COM 443787106 19 4,845 SH SOLE 4,845 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 ------------------------------------- -------------- --------- -------- --------- --- ---- ---------- -------- --------- ------ ---- HUMANA INC. CMN COM 444859102 5,614 81,235 SH SOLE 81,235 0 0 IEC ELECTRONICS CORP CMN COM 44949L105 13 2,200 SH SOLE 2,200 0 0 ICAHN ENTERPRISES L.P. DEPOSITARY COM 451100101 48 888 SH SOLE 888 0 0 UNIT INSPERITY INC CMN COM 45778Q107 1,712 60,329 SH SOLE 60,329 0 0 INTERACTIVE BROKERS GROUP, INC*. CMN COM 45841N107 748 50,142 SH SOLE 50,142 0 0 ISHARES MSCI JAPAN INDEX FD MARKET ETF 464286848 462 42,800 SH SOLE 42,800 0 0 INDEX ge. JPMORGAN CHASE & CO CMN COM 46625H100 7,245 152,645 SH SOLE 152,645 0 0 JOHNSON & JOHNSON CMN COM 478160104 10,269 125,951 SH SOLE 125,951 0 0 KEMET CORPORATION CMN COM 488360207 1 100 SH SOLE 100 0 0 KROGER COMPANY CMN COM 501044101 4,971 150,000 SH SOLE 150,000 0 0 LEUCADIA NATIONAL CORP CMN COM 527288104 560 20,400 SH SOLE 20,400 0 0 PUT/LINE @ 33 EXP 07/20/2013 PUT 536020100 1 5 SH PUT SOLE 5 0 0 PUT/LINE @ 32 EXP 04/20/2013 PUT 536020100 1 19 SH PUT SOLE 19 0 0 PUT/LINE @ 30 EXP 04/20/2013 PUT 536020100 1 30 SH PUT SOLE 30 0 0 PUT/LINE @ 33 EXP 04/20/2013 PUT 536020100 2 203 SH PUT SOLE 203 0 0 MDC PARTNERS INC CMN CLASS A SUB VTG COM 552697104 2,937 181,625 SH SOLE 181,625 0 0 MFC INDUSTRIAL LTD CMN COM 55278T105 31 3,373 SH SOLE 3,373 0 0 MTS SYSTEMS CORP CMN COM 553777103 157 2,700 SH SOLE 2,700 0 0 MVC CAPITAL INC CLOSED END FUND COM 553829102 709 55,278 SH SOLE 55,278 0 0 MACY'S INC. CMN COM 55616P104 251 6,002 SH SOLE 6,002 0 0 MARCHEX INC CMN CLASS B COM 56624R108 71 16,813 SH SOLE 16,813 0 0 MORGAN STANLEY CMN COM 617446448 4,258 193,700 SH SOLE 193,700 0 0 MURPHY OIL CORPORATION CMN COM 626717102 4,461 70,000 SH SOLE 70,000 0 0 NATURES SUNSHINE PRODS INC CMN COM 639027101 366 24,035 SH SOLE 24,035 0 0 NAVARRE CORP CMN COM 639208107 1,190 524,316 SH SOLE 524,316 0 0 NORDSTROM INC CMN COM 655664100 55 1,000 SH SOLE 1,000 0 0 OAKTREE CAPITAL GROUP, LLC CMN COM 674001201 4,817 94,421 SH SOLE 94,421 0 0 OCCIDENTAL PETROLEUM CORP CMN COM 674599105 784 10,000 SH SOLE 10,000 0 0 OCH-ZIFF CAPITAL MGMT, L.L.C. CMN COM 67551U105 9 1,000 SH SOLE 1,000 0 0 CLASS A OCWEN FINANCIAL CORPORATION CMN COM 675746309 38 1,000 SH SOLE 1,000 0 0 OLD REPUBLIC INTL CORP CMN COM 680223104 4,126 324,600 SH SOLE 324,600 0 0 PACIFIC PREMIER BANCORP CMN COM 69478X105 1,070 81,391 SH SOLE 81,391 0 0 PHILIP MORRIS INTL INC CMN COM 718172109 15,622 168,500 SH SOLE 168,500 0 0 PRIVATEBANCORP, INC. CMN COM 742962103 959 50,767 SH SOLE 50,767 0 0 QC HOLDINGS, INC. CMN COM 74729T101 9 2,749 SH SOLE 2,749 0 0 RADIANT LOGISTICS INC CMN COM 75025X100 18 8,410 SH SOLE 8,410 0 0 REGIONS FINANCIAL CORPORATION CMN COM 7591EP100 655 80,000 SH SOLE 80,000 0 0 SPDR S&P 500 ETF TRUST ETF 78462F103 216,235 1,380,191 SH SOLE 1,380,191 0 0 CALL/GLD @ 170 EXP 01/18/2014 CALL 78463V107 1 2 SH CALL SOLE 2 0 0 CALL/GLD @ 165 EXP 01/18/2014 CALL 78463V107 3 8 SH CALL SOLE 8 0 0 CALL/GLD @ 163 EXP 01/18/2014 CALL 78463V107 5 10 SH CALL SOLE 10 0 0 CALL/GLD @ 164 EXP 01/18/2014 CALL 78463V107 4 10 SH CALL SOLE 10 0 0 CALL/GLD @ 160 EXP 01/18/2014 CALL 78463V107 11 20 SH CALL SOLE 20 0 0 CHARLES SCHWAB CORPORATION CMN COM 808513105 4,180 236,300 SH SOLE 236,300 0 0 TJX COMPANIES INC (NEW) CMN COM 872540109 2,338 50,000 SH SOLE 50,000 0 0 TARGET CORPORATION CMN COM 87612E106 3,423 50,000 SH SOLE 50,000 0 0 TOLL BROTHERS, INC. CMN COM 889478103 2,869 83,800 SH SOLE 83,800 0 0 TRUEBLUE, INC. CMN COM 89785X101 2,178 103,018 SH SOLE 103,018 0 0 TUCOWS INC. CMN COM 898697107 194 112,955 SH SOLE 112,955 0 0 U.S. GLOBAL INVESTORS INC A CMN COM 902952100 4 1,000 SH SOLE 1,000 0 0 UNITED INSURANCE HOLDINGS CORP CMN COM 910710102 1,146 200,000 SH SOLE 200,000 0 0 UNITED PARCEL SERVICE, INC. CLASS B COM 911312106 5,849 68,091 SH SOLE 68,091 0 0 COMMON STOCK UNIVERSAL AMERICAN CORP. CMN COM 91338E101 192 23,000 SH SOLE 23,000 0 0 VALSPAR CORP CMN COM 920355104 44 700 SH SOLE 700 0 0 VANGUARD SPECIALIZED PORTFOLIO ETF 921908844 17,789 270,756 SH SOLE 270,756 0 0 VANGUARD DIVIDEND APPR'N MUT FUND CL ETF SER VIPERS

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 ------------------------------------- -------------- --------- -------- --------- --- ---- ---------- -------- --------- ------ ---- VANGUARD MSCI EAFE ETF CMN ETF ETF 921943858 16 434 SH SOLE 434 0 0 VANGUARD FTSE ALL-WORLD EX-US INDEX ETF 922042775 25 542 SH SOLE 542 0 0 FUND ETF VANGUARD INDEX FDS S&P 500 ETF ETF 922908413 63,465 885,888 SH SOLE 885,888 0 0 WAL MART STORES INC CMN COM 931142103 5,201 69,500 SH SOLE 69,500 0 0 WELLCARE HEALTH PLANS INC CMN COM 94946T106 58 1,000 SH SOLE 1,000 0 0 WEST BANCORPORATION INC CMN COM 95123P106 187 16,825 SH SOLE 16,825 0 0 XILINX INCORPORATED CMN COM 983919101 7,176 188,000 SH SOLE 188,000 0 0 XYLEM INC. CMN COM 98419M100 28 1,000 SH SOLE 1,000 0 0 ACCENTURE PLC CMN COM G1151C101 8,772 115,465 SH SOLE 115,465 0 0 GREENLIGHT CAPITAL RE LTD-A CMN COM G4095J109 482 19,696 SH SOLE 19,696 0 0 LAZARD LTD CMN CLASS A COM G54050102 1,359 39,806 SH SOLE 39,806 0 0 TOWER GROUP INTL LTD CMN COM G8988C105 4,547 246,424 SH SOLE 246,424 0 0 DHT HOLDINGS INC CMN COM Y2065G121 54 11,396 SH SOLE 11,396 0 0