0001389610-13-000002.txt : 20130225 0001389610-13-000002.hdr.sgml : 20130225 20130222174321 ACCESSION NUMBER: 0001389610-13-000002 CONFORMED SUBMISSION TYPE: 13F-HR/A PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20121231 FILED AS OF DATE: 20130225 DATE AS OF CHANGE: 20130222 EFFECTIVENESS DATE: 20130225 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/A SEC ACT: 1934 Act SEC FILE NUMBER: 028-12402 FILM NUMBER: 13635346 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/A 1 q4-13f_2012b.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: December 31, 2012 Check Here if Amendment |X|; Amendment Number: 1 This Amendment (Check only one.):|X| 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 February 22, 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: 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: $561,926 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 ------------------------------------------------------------------------------------------------------ ROYAL BK SCOTLAND GROUP ADR 780097754 60 2,600 SH SOLE SOLE CYS INVTS INC COM 12673A108 76 6,500 SH SOLE SOLE MICROSOFT CORP COM 594918104 80 3,000 SH SOLE SOLE CISCO SYSTEMS INC COM 17275R102 137 7,000 SH SOLE SOLE INGERSOLL-RAND PUBLIC SHS G47791101 233 4,876 SH SOLE SOLE HOVNANIAN ENTERPRISES UNIT 44248W208 343 10,000 SH SOLE SOLE CHUBB CORP COM 171232101 735 9,800 SH SOLE SOLE TORONTO-DOMINION BANK COM 891160509 922 11,000 SH SOLE SOLE APOLLO RESIDENTIAL MORTG COM 03763V102 503 25,000 SH SOLE SOLE DELL INC COM 24702R101 132 13,000 SH SOLE SOLE ROYAL BK SCOTLAND GROUP ADR 780097739 634 27,694 SH SOLE SOLE INVESCO MORTGAGE CAPITAL COM 46131B100 298 15,200 SH SOLE SOLE GOODYEAR TIRE & RUBBER PFD 382550309 734 15,600 SH SOLE SOLE AMERICAN INTERNATIONAL COM 026874784 559 15,900 SH SOLE SOLE WELLS FARGO & CO COM 949746101 610 17,919 SH SOLE SOLE BCE INC COM 05534B760 961 22,536 SH SOLE SOLE GENERAL MOTORS CO COM 37045V100 658 22,900 SH SOLE SOLE RESOURCE CAPITAL CORP COM 76120W302 223 40,000 SH SOLE SOLE SYNOVUS FINANCIAL CORP UNIT 87161C204 548 25,000 SH SOLE SOLE SEADRILL LTD SHS G7945E105 1,063 29,000 SH SOLE SOLE ELI LILLY & CO COM 532457108 1,430 29,100 SH SOLE SOLE KEYCORP PFD 493267405 399 3,200 SH SOLE SOLE BANK OF NEW YORK MELLON COM 064058100 768 30,000 SH SOLE SOLE LIBERTY MEDIA CORP COM 530322106 4,622 40,000 SH SOLE SOLE ASPEN INSURANCE HLDGS PFD G05384113 1,189 19,700 SH SOLE SOLE APPLE INC COM 037833100 22,186 41,850 SH SOLE SOLE VALIDUS HOLDINGS LTD COM G9319H102 1,734 50,336 SH SOLE SOLE SUN LIFE FINANCIAL INC COM 866796105 1,425 54,000 SH SOLE SOLE PLAINS EXPLORATION & COM 726505100 2,790 59,668 SH SOLE SOLE PLUM CREEK TIMBER CO INC COM 729251108 3,111 70,400 SH SOLE SOLE WARNER CHILCOTT PLC CL A G94368100 846 70,500 SH SOLE SOLE SUNTRUST BANKS INC COM 867914103 2,220 78,600 SH SOLE SOLE PSS WORLD MEDICAL INC COM 69366A100 2,396 83,300 SH SOLE SOLE OLD REPUBLIC INTERNATION COM 680223104 902 85,000 SH SOLE SOLE MERCK & CO INC COM 58933Y105 3,624 88,870 SH SOLE SOLE BRISTOL-MYERS SQUIBB CO COM 110122108 3,050 93,942 SH SOLE SOLE LOUISIANA-PACIFIC CORP COM 546347105 1,944 101,000 SH SOLE SOLE MANULIFE FINANCIAL CORP COM 56501R106 1,525 112,800 SH SOLE SOLE BEAZER HOMES USA INC COM 07556Q881 1,915 113,802 SH SOLE SOLE BANK OF AMERICA CORP COM 060505104 1,316 113,920 SH SOLE SOLE ZIONS BANCORPORATION COM 989701107 2,527 118,533 SH SOLE SOLE CITIGROUP INC COM 172967424 4,504 114,310 SH SOLE SOLE ALTERRA CAPITAL HOLDINGS COM G0229R108 3,510 125,000 SH SOLE SOLE ANNALY CAPITAL MGNT INC COM 035710409 1,748 125,000 SH SOLE SOLE PARTNERRE HLDGS LTD COM G6852T105 11,165 139,257 SH SOLE SOLE WARNACO GROUP INC/THE COM 934390402 9,981 140,000 SH SOLE SOLE HOVNANIAN ENTERPRISES CL A 442487203 1,046 150,000 SH SOLE SOLE ASPEN INSURANCE HOLDINGS SHS G05384105 4,830 151,150 SH SOLE SOLE COVENTRY HEALTH CARE INC COM 222862104 7,551 169,100 SH SOLE SOLE SPANISH BROADCASTING CL A 846425833 446 181,249 SH SOLE SOLE MISSION WEST PROPERTIES COM 605203108 1,763 194,321 SH SOLE SOLE XL GROUP PLC SHS G98290102 6,166 247,021 SH SOLE SOLE PLATINUM UNDERWRITERS COM G7127P100 12,550 273,900 SH SOLE SOLE NYSE EURONEXT COM 629491101 8,640 275,000 SH SOLE SOLE MATTEL INC COM 577081102 10,195 279,500 SH SOLE SOLE ROYAL BANK OF SCOTLAND ADR 780097689 3,171 295,000 SH SOLE SOLE SHAW GROUP INC/THE COM 820280105 14,415 310,481 SH SOLE SOLE SYNOVUS FINANCIAL CORP COM 87161C105 763 312,700 SH SOLE SOLE CELESTICA INC SHS 15101Q108 2,858 353,450 SH SOLE SOLE KEYCORP COM 493267108 3,017 359,700 SH SOLE SOLE PFIZER INC COM 717081103 10,063 402,800 SH SOLE SOLE WESTERN UNION CO/THE COM 959802109 5,491 405,000 SH SOLE SOLE STUDENT TRANSPORTATION COM 86388A108 2,489 405,885 SH SOLE SOLE REGIONS FINANCIAL CORP COM 7591EP100 2,885 406,800 SH SOLE SOLE BANCO SANTANDER SA ADR 05964H105 3,464 425,688 SH SOLE SOLE MONTPELIER RE HOLDINGS SHS G62185106 12,187 535,196 SH SOLE SOLE QLT INC COM 746927102 4,463 571,089 SH SOLE SOLE GREENLIGHT CAPITAL RE CL A G4095J109 14,055 611,349 SH SOLE SOLE DECKERS OUTDOOR CORP COM 243537107 27,060 674,600 SH SOLE SOLE HUDSON CITY BANCORP INC COM 443683107 6,005 741,500 SH SOLE SOLE AMARIN CORP PLC ADR 023111206 7,253 900,000 SH SOLE SOLE CREXUS INVESTMENT CORP COM 226553105 10,982 900,000 SH SOLE SOLE NEXEN INC COM 65334H102 24,761 922,730 SH SOLE SOLE METROPCS COMMUNICATIONS COM 591708102 10,235 1,033,700 SH SOLE SOLE GENWORTH FINANCIAL INC COM 37247D106 7,939 1,061,300 SH SOLE SOLE PHH CORP COM 693320202 29,270 1,291,630 SH SOLE SOLE AMERICAN REALTY CAPITAL COM 02917L101 16,009 1,391,500 SH SOLE SOLE ANGLOGOLD ASHANTI HLDGS MAND 03512Q206 57,501 1,544,712 SH SOLE SOLE RESEARCH IN MOTION LTD COM 760975102 22,239 1,883,920 SH SOLE SOLE ROYAL BK SCOTLAND GROUP ADR 780097713 45,293 1,901,731 SH SOLE SOLE GRAN TIERRA ENERGY INC COM 38500T101 11,004 2,000,000 SH SOLE SOLE MCMORAN EXPLORATION CO NOTE 582411AJ3 2,255 2,000,000 SH SOLE SOLE YM BIOSCIENCES INC COM 984238105 6,053 2,117,288 SH SOLE SOLE LLOYDS BANKING GROUP ADR 539439109 9,563 3,000,000 SH SOLE SOLE HUNTINGTON BANCSHARES PFD 446150401 245 200 SH SOLE SOLE SPRINT NEXTEL CORP COM 852061100 19,200 3,399,500 SH SOLE SOLE LIBERTY MEDIA LLC DEB 530715AG6 2,837 4,250,000 SH SOLE SOLE CENTRAL EUROPEAN MEDIA NOTE 153443AH9 11,378 12,450,000 SH SOLE SOLE