-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, AunrfIQkUAFK/Wdjm1pk2RTXjRPYoAlIPCkBgAg91iVrXCA1DYx5TEmKgF2Cs1ri g2newksYKtbU7O2EVLrvIw== 0000902664-10-000737.txt : 20100216 0000902664-10-000737.hdr.sgml : 20100215 20100216114122 ACCESSION NUMBER: 0000902664-10-000737 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20091231 FILED AS OF DATE: 20100216 DATE AS OF CHANGE: 20100216 EFFECTIVENESS DATE: 20100216 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Polar Securities Inc. CENTRAL INDEX KEY: 0001326389 IRS NUMBER: 000000000 STATE OF INCORPORATION: A6 FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-12489 FILM NUMBER: 10603746 BUSINESS ADDRESS: STREET 1: 372 BAY STREET STREET 2: 21ST FLOOR CITY: TORONTO STATE: A6 ZIP: M5H 2S6 BUSINESS PHONE: 416-367-4364 MAIL ADDRESS: STREET 1: 372 BAY STREET STREET 2: 21ST FLOOR CITY: TORONTO STATE: A6 ZIP: M5H 2S6 13F-HR 1 p10-0325form13fhr.txt POLAR SECURITIES, INC. 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, 2009 ------------------------ 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: Polar Securities Inc. -------------------------------------------------- Address: 372 Bay Street, 21st Floor -------------------------------------------------- Toronto, Ontario M5H 2N9 -------------------------------------------------- Canada -------------------------------------------------- Form 13F File Number: 028-12489 ------------------ 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: Robyn Schultz -------------------------------------------------- Title: Chief Compliance Officer -------------------------------------------------- Phone: 416-369-4453 -------------------------------------------------- Signature, Place, and Date of Signing: /s/ Robyn Schultz Toronto, Ontario Canada 2/16/10 ------------------------ -------------------------- ---------- 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).) Report Summary: Number of Other Included Managers: 0 ------------- Form 13F Information Table Entry Total: 147 ------------- Form 13F Information Table Value Total: $857,388 ------------- (thousands) List of Other Included Managers: NONE Provide a numbered list of the name(s) and Form 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 SOLE NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE - ----------------------------- ---------------- --------- -------- --------- ---- ---- ---------- -------- --------------------- A C MOORE ARTS & CRAFTS INC COM 00086T103 458 155,917 SH SOLE 155,917 AK STL HLDG CORP COM 001547108 4,706 220,400 SH SOLE 220,400 ALCOA INC NOTE 5.25.% 3/1 013817AT8 15,627 6,000,000 PRN SOLE 6,000,000 ALLIANT TECHSYSTEMS INC NOTE 2.750% 2/1 018804AH7 5,703 5,000,000 PRN SOLE 5,000,000 ALLIANT TECHSYSTEMS INC NOTE 3.000% 8/1 018804AK0 3,781 3,000,000 PRN SOLE 3,000,000 ARCH COAL INC COM 039380100 329 14,800 SH CALL SOLE 14,800 ARCH COAL INC COM 039380100 329 14,800 SH PUT SOLE 14,800 ARMOUR RESIDENTIAL REIT INC *W EXP 11/07/201 042315119 55 305,800 SH SOLE 305,800 ATLAS ACQUISITION HLDGS CORP COM 049162100 4,582 458,200 SH SOLE 458,200 BAKER HUGHES INC COM 057224107 4,679 115,600 SH SOLE 115,600 BALLY TECHNOLOGIES INC COM 05874B107 4,781 115,800 SH SOLE 115,800 BANK MONTREAL QUE COM 063671101 1,062 20,000 SH PUT SOLE 20,000 BANK OF AMERICA CORPORATION COM 060505104 377 25,000 SH CALL SOLE 25,000 BIG LOTS INC COM 089302103 4,881 168,421 SH SOLE 168,421 BLACKROCK INC DBCV 2.625% 2/1 09247XAB7 5,854 2,500,000 PRN SOLE 2,500,000 BLUEPHOENIX SOLUTIONS LTD SHS M20157109 351 138,900 SH SOLE 138,900 BRINKER INTL INC COM 109641100 3,485 233,600 SH SOLE 233,600 CALIFORNIA PIZZA KITCHEN INC COM 13054D109 5,318 395,355 SH SOLE 395,355 CAPSTEAD MTG CORP COM NO PAR 14067E506 743 54,400 SH CALL SOLE 54,400 CARNIVAL CORP PAIRED CTF 143658300 4,667 147,259 SH SOLE 147,259 CELESTICA INC SUB VTG SHS 15101Q108 17,259 1,828,289 SH SOLE 1,828,289 CEPHALON INC NOTE 2.000% 6/0 156708AP4 11,367 8,000,000 PRN SOLE 8,000,000 CHIPOTLE MEXICAN GRILL INC CL A 169656105 4,999 56,700 SH SOLE 56,700 CITIGROUP INC COM 172967101 70 21,000 SH CALL SOLE 21,000 CLARK HLDGS INC *W EXP 02/15/201 18145M117 1 11,300 SH SOLE 11,300 CLIFFS NATURAL RESOURCES INC COM 18683K101 1,844 40,000 SH CALL SOLE 40,000 COACH INC COM 189754104 4,679 128,100 SH SOLE 128,100 COCA COLA CO COM 191216100 1,083 19,000 SH PUT SOLE 19,000 COMPANHIA DE BEBIDAS DAS AME SPON ADR PFD 20441W203 2,628 26,000 SH PUT SOLE 26,000 CORRIENTE RES INC COM NEW 22027E409 810 100,000 SH SOLE 100,000 COTT CORP QUE COM 22163N106 4,953 604,000 SH SOLE 604,000 DESCARTES SYS GROUP INC COM 249906108 7,432 1,253,368 SH SOLE 1,253,368 DIRECTV COM CL A 25490A101 5,012 150,275 SH SOLE 150,275 DOLLAR TREE INC COM 256746108 9,477 196,204 SH SOLE 196,204 DRIL-QUIP INC COM 262037104 2,259 40,000 SH CALL SOLE 40,000 E M C CORP MASS COM 268648102 10,014 573,200 SH SOLE 573,200 EQUIFAX INC COM 294429105 14,692 475,636 SH SOLE 475,636 EXPEDITORS INTL WASH INC COM 302130109 6,172 177,522 SH SOLE 177,522 FISERV INC COM 337738108 9,854 203,264 SH SOLE 203,264 FORD MTR CO DEL NOTE 4.250%11/1 345370CN8 12,635 10,000,000 PRN SOLE 10,000,000 FOSSIL INC COM 349882100 5,163 153,854 SH SOLE 153,854 GARMIN LTD ORD G37260109 1,535 50,000 SH CALL SOLE 50,000 GEOKINETICS INC COM PAR $0.01 372910307 1,443 150,000 SH SOLE 150,000 GILDAN ACTIVEWEAR INC COM 375916103 3,970 162,823 SH SOLE 162,823 GROUPE CGI INC CL A SUB VTG 39945C109 15,735 1,160,424 SH SOLE 1,160,424 HASBRO INC COM 418056107 9,494 296,144 SH SOLE 296,144 HEARTLAND EXPRESS INC COM 422347104 8,918 584,046 SH SOLE 584,046 HERTZ GLOBAL HOLDINGS INC NOTE 5.20% 6/0 42805TAA3 6,694 4,100,000 PRN SOLE 4,100,000 HEWITT ASSOCS INC COM 42822Q100 9,369 221,700 SH SOLE 221,700 HIBBETT SPORTS INC COM 428567101 7,154 325,321 SH SOLE 325,321 HOT TOPIC INC COM 441339108 3,776 594,593 SH SOLE 594,593 HUBBELL INC CL B 443510201 5,827 123,191 SH SOLE 123,191 HYPERCOM CORP COM 44913M105 789 249,000 SH SOLE 249,000 IAC INTERACTIVECORP COM PAR $.001 44919P508 9,951 485,880 SH SOLE 485,880 ICICI BK LTD ADR 45104G104 1,806 47,900 SH CALL SOLE 47,900 ICICI BK LTD ADR 45104G104 1,886 50,000 SH PUT SOLE 50,000 IESI BFC LTD COM 44951D108 9,677 604,061 SH SOLE 604,061 INFOGROUP INC COM 45670G108 6,776 844,884 SH SOLE 844,884 INTERMEC INC COM 458786100 14,805 1,151,211 SH SOLE 1,151,211 INTERNATIONAL ROYALTY CORP COM 460277106 1,790 250,000 SH SOLE 250,000 INTUIT COM 461202103 9,949 323,760 SH SOLE 323,760 INVITROGEN CORP NOTE 2.000% 8/0 46185RAJ9 4,641 3,000,000 PRN SOLE 3,000,000 ISHARES INC MSCI MALAYSIA 464286830 2,922 275,100 SH PUT SOLE 275,100 ISHARES INC MSCI JAPAN 464286848 334 34,300 SH PUT SOLE 34,300 ISHARES SILVER TRUST ISHARES 46428Q109 7,481 452,300 SH CALL SOLE 452,300 ISIS PHARMACEUTICALS INC DEL NOTE 2.625% 2/1 464337AE4 4,254 4,178,000 PRN SOLE 4,178,000 IVANHOE MINES LTD COM 46579N103 2,010 137,544 SH SOLE 137,544 JDA SOFTWARE GROUP INC COM 46612K108 3,736 146,702 SH SOLE 146,702 JEFFERIES GROUP INC NEW DBCV 3.875%11/0 472319AG7 7,977 8,000,000 PRN SOLE 8,000,000 JETBLUE AIRWAYS CORP COM 477143101 5,118 939,000 SH SOLE 939,000 LANDSTAR SYS INC COM 515098101 7,683 198,178 SH SOLE 198,178 LAS VEGAS SANDS CORP COM 517834107 179 12,000 SH CALL SOLE 12,000 LIBERTY ACQUISITION HLDGS CO COM 53015Y107 7,290 753,914 SH SOLE 753,914 LOWES COS INC COM 548661107 9,656 412,833 SH SOLE 412,833 MANULIFE FINL CORP COM 56501R106 11,921 650,000 SH SOLE 650,000 MARKET VECTORS ETF TR JR COLD MINERS E 57060U589 1,351 52,500 SH SOLE 52,500 MDS INC COM 55269P302 4,290 560,767 SH SOLE 560,767 MICRON TECHNOLOGY INC NOTE 4.250%10/1 595112AJ2 5,481 2,500,000 PRN SOLE 2,500,000 MICRON TECHNOLOGY INC NOTE 1.875% 6/0 595112AH6 2,431 2,500,000 PRN SOLE 2,500,000 MINDSPEED TECHNOLOGIES INC COM NEW 602682205 4,212 898,172 SH SOLE 898,172 MINEFINDERS LTD NOTE 4.500%12/1 602900AB8 3,410 3,100,000 PRN SOLE 3,100,000 MIPS TECHNOLOGIES INC COM 604567107 7,343 1,680,242 SH SOLE 1,680,242 MYRIAD GENETICS INC COM 62855J104 2,384 91,393 SH SOLE 91,393 NAM TAI ELECTRS INC COM PAR $0.02 629865205 458 87,600 SH SOLE 87,600 NAVIOS MARITIME ACQUIS CORP SHS Y62159101 7,285 741,065 SH SOLE 741,065 NAVISTAR INTL CORP NEW COM 63934E108 2,383 61,650 SH SOLE 61,650 NORTH ASIA INVESTMENT CORP *W EXP 07/23/201 G66202113 49 150,000 SH SOLE 150,000 O CHARLEYS INC COM 670823103 4,958 756,888 SH SOLE 756,888 O2MICRO INTERNATIONAL LTD SPONS ADR 67107W100 3,425 654,823 SH SOLE 654,823 OILSANDS QUEST INC *W EXP 05/12/201 678046129 42 98,500 SH SOLE 98,500 OMNICARE INC COM 681904108 8,887 367,533 SH SOLE 367,533 OPEN TEXT CORP COM 683715109 439 10,800 SH CALL SOLE 10,800 OPEN TEXT CORP COM 683715109 2,081 51,200 SH PUT SOLE 51,200 OVERTURE ACQUISITION CORP SHS G6830P100 7,541 753,009 SH SOLE 753,009 PALL CORP COM 696429307 10,174 281,050 SH SOLE 281,050 PAN AMERICAN SILVER CORP COM 697900108 1,508 60,785 SH SOLE 60,785 PAYCHEX INC COM 704326107 11,793 384,900 SH SOLE 384,900 PENGROWTH ENERGY TR TR UNIT NEW 706902509 3,852 400,000 SH SOLE 400,000 PENN NATL GAMING INC COM 707569109 9,484 348,800 SH SOLE 348,800 PIER 1 IMPORTS INC COM 720279108 4,272 839,349 SH SOLE 839,349 POTASH CORP SASK INC COM 73755L107 4,752 43,800 SH SOLE 43,800 POWERSHARES DB CMDTY IDX TRA UNIT BEN INT 73935S105 1,847 75,000 SH CALL SOLE 75,000 POWERSHARES DB CMDTY IDX TRA UNIT BEN INT 73935S105 1,847 75,000 SH PUT SOLE 75,000 POWERSHARES DB US DOLLAR INDEX DOLL INDX BULL 73936D107 3,097 134,200 SH PUT SOLE 134,200 QUANEX BUILDING PRODUCTS COR COM 747619104 5,749 338,800 SH SOLE 338,800 QUANTA SVCS INC NOTE 3.750% 4/3 74762EAE2 5,519 5,000,000 PRN SOLE 5,000,000 QWEST COMMUNICATIONS INTL IN COM 749121109 842 200,000 SH SOLE 200,000 REGIS CORP MINN NOTE 5.000% 7/1 758932AA5 3,086 2,500,000 PRN SOLE 2,500,000 REPUBLIC SVCS INC COM 760759100 6,620 233,847 SH SOLE 233,847 RESEARCH IN MOTION LTD COM 760975102 13,547 200,577 SH SOLE 200,577 RICHARDSON ELECTRS LTD COM 763165107 682 116,106 SH SOLE 116,106 ROCKWOOD HLDGS INC COM 774415103 5,418 229,966 SH SOLE 229,966 RUBY TUESDAY INC COM 781182100 4,436 616,100 SH SOLE 616,100 SAPPHIRE INDUSTRIALS CORP COM 80306T109 7,672 764,120 SH SOLE 764,120 SAPPHIRE INDUSTRIALS CORP *W EXP 01/17/201 80306T117 12 100,000 SH SOLE 100,000 SCHEIN HENRY INC NOTE 3.00% 8/1 806407AB8 7,712 6,500,000 PRN SOLE 6,500,000 SELECT SECTOR SPDR TR SBI INT-FINL 81369Y605 15,853 1,100,900 SH CALL SOLE 1,100,900 SILVER WHEATON CORP COM 828336107 1,264 84,141 SH SOLE 84,141 SMUCKER J M CO COM NEW 832696405 4,731 76,614 SH SOLE 76,614 SONIC AUTOMOTIVE INC CL A 83545G102 2,872 276,400 SH SOLE 276,400 SONIC AUTOMOTIVE INC NOTE 5.000%10/0 83545GAQ5 8,625 8,000,000 PRN SOLE 8,000,000 SPDR GOLD TRUST GOLD SHS 78463V107 67,981 633,500 SH PUT SOLE 633,500 SPDR TR UNIT SER 1 78462F103 33,432 300,000 SH PUT SOLE 300,000 SPORTS PPTYS ACQUISITION COR COM 84920F107 4,653 468,930 SH SOLE 468,930 STANTEC INC COM 85472N109 3,194 110,737 SH SOLE 110,737 STEEL DYNAMICS INC COM 858119100 4,799 270,800 SH SOLE 270,800 SUPERGEN INC COM 868059106 102 39,000 SH CALL SOLE 39,000 SXC HEALTH SOLUTIONS CORP COM 78505P100 5,703 105,707 SH SOLE 105,707 SYBASE INC NOTE 1.750% 2/2 871130AB6 12,166 7,000,000 PRN SOLE 7,000,000 SYMANTEC CORP COM 871503108 11,832 661,355 SH SOLE 661,355 TALEO CORP CL A 87424N104 3,667 155,900 SH SOLE 155,900 TECK RESOURCES LTD CL B 878742204 16,173 462,482 SH SOLE 462,482 TEXAS ROADHOUSE INC COM 882681109 4,101 365,200 SH SOLE 365,200 THESTREET COM COM 88368Q103 109 45,594 SH SOLE 45,594 THOMAS & BETTS CORP COM 884315102 4,786 133,725 SH SOLE 133,725 TITAN MACHY INC COM 88830R101 4,518 391,500 SH SOLE 391,500 TRANSGLOBE ENERGY CORP COM 893662106 1,753 526,300 SH SOLE 526,300 TRIAN ACQUISITION I CORP COM 89582E108 5,912 600,800 SH SOLE 600,800 UNITED STATES NATL GAS FUND UNIT 912318102 881 87,400 SH CALL SOLE 87,400 UNITED STATES OIL FUND LP UNITS 91232N108 3,700 94,200 SH SOLE 94,200 UNIVERSAL FST PRODS INC COM 913543104 4,664 126,700 SH SOLE 126,700 UQM TECHNOLOGIES INC COM 903213106 2,386 348,296 SH SOLE 348,296 VALUECLICK INC COM 92046N102 3,031 299,549 SH SOLE 299,549 WEATHERFORD INTERNATIONAL LT REG H27013103 7,082 395,400 SH SOLE 395,400 WESTERN UN CO COM 959802109 11,693 620,340 SH SOLE 620,340 WESTPORT INNOVATIONS INC COM NEW 960908309 1,828 157,900 SH SOLE 157,900 YAHOO INC COM 984332106 10,809 644,163 SH SOLE 644,163
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