-----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, TEmC0+BXzGZbdL3TYpjV+qHhBNddi87B5Ge5WXHw/wX9TjIRLrG3YdP0XmaybsIu U1aEFqERVRGsew/xzwGsCw== 0000902664-10-003617.txt : 20101115 0000902664-10-003617.hdr.sgml : 20101115 20101115161908 ACCESSION NUMBER: 0000902664-10-003617 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20100930 FILED AS OF DATE: 20101115 DATE AS OF CHANGE: 20101115 EFFECTIVENESS DATE: 20101115 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: 101192686 BUSINESS ADDRESS: STREET 1: 372 BAY STREET STREET 2: 21ST FLOOR CITY: TORONTO STATE: A6 ZIP: M5H 2W9 BUSINESS PHONE: 416-367-4364 MAIL ADDRESS: STREET 1: 372 BAY STREET STREET 2: 21ST FLOOR CITY: TORONTO STATE: A6 ZIP: M5H 2W9 13F-HR 1 p10-1848form13fhr.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: September 30, 2010 ------------------------ 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 11/15/10 ------------------------ ------------------------------ ---------- 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: 146 ------------- Form 13F Information Table Value Total: $1,075,765 ------------- (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 NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE - ---------------------------------------------------------------------------------------------------------------------------------- ACI WORLDWIDE INC COM 004498101 6,981 311,811 SH SOLE 311,811 ACXIOM CORP COM 005125109 9,177 578,610 SH SOLE 578,610 AGILENT TECHNOLOGIES INC COM 00846U101 12,687 380,200 SH SOLE 380,200 AGILENT TECHNOLOGIES INC COM 00846U101 501 15,000 SH PUT SOLE 15,000 AGNICO EAGLE MINES LTD COM 008474108 707 9,950 SH SOLE 9,950 AGNICO EAGLE MINES LTD COM 008474108 1,776 25,000 SH PUT SOLE 25,000 AKAMAI TECHNOLOGIES INC COM 00971T101 1,746 34,800 SH PUT SOLE 34,800 ALLEGHENY TECHNOLOGIES INC COM 01741R102 9,922 213,600 SH SOLE 213,600 ALLIANCE RES PARTNER L P UT LTD PART 01877R108 519 8,900 SH SOLE 8,900 ALLIANCE RES PARTNER L P UT LTD PART 01877R108 3,500 60,000 SH PUT SOLE 60,000 ALLIANT TECHSYSTEMS INC COM 018804104 1,885 25,000 SH PUT SOLE 25,000 ALLIED HEALTHCARE INTL INC COM 01923A109 188 75,000 SH SOLE 75,000 AMERIGROUP CORP NOTE 2.000% 5/1 03073TAB8 11,441 10,000,000 PRN SOLE 10,000,000 ARMOUR RESIDENTIAL REIT INC *W EXP 11/07/201 042315119 24 305,800 SH SOLE 305,800 ART TECHNOLOGY GROUP INC COM 04289L107 8,769 2,133,620 SH SOLE 2,133,620 BANK MONTREAL QUE COM 063671101 271 4,700 SH CALL SOLE 4,700 BANK NOVA SCOTIA HALIFAX COM 064149107 1,599 30,000 SH CALL SOLE 30,000 BANK OF AMERICA CORPORATION COM 060505104 328 25,000 SH CALL SOLE 25,000 BARCLAYS BK PLC IPATH S&P ST ETN 06740C527 8,667 501,300 SH PUT SOLE 501,300 BARRICK GOLD CORP COM 067901108 14,199 304,700 SH SOLE 304,700 BCE INC COM NEW 05534B760 1,625 50,000 SH PUT SOLE 50,000 BIO RAD LABS INC CL A 090572207 6,553 72,402 SH SOLE 72,402 BLACKROCK INC DBCV 2.625% 2/1 09247XAB7 4,349 2,500,000 PRN SOLE 2,500,000 CARMAX INC COM 143130102 6,199 222,500 SH SOLE 222,500 CARNIVAL CORP PAIRED CTF 143658300 4,674 122,400 SH SOLE 122,400 CDN IMPERIAL BK OF COMMERCE COM 136069101 6,302 87,000 SH PUT SOLE 87,000 CELESTICA INC SUB VTG SHS 15101Q108 13,519 1,603,636 SH SOLE 1,603,636 CEPHALON INC NOTE 2.000% 6/0 156708AP4 15,585 11,000,000 PRN SOLE 11,000,000 CHEESECAKE FACTORY INC COM 163072101 4,860 183,600 SH SOLE 183,600 CIMAREX ENERGY CO COM 171798101 1,655 25,000 SH PUT SOLE 25,000 CITIGROUP INC COM 172967101 82 21,000 SH CALL SOLE 21,000 CLARK HLDGS INC *W EXP 02/15/201 18145M117 1 11,300 SH SOLE 11,300 COGNEX CORP COM 192422103 10,013 373,336 SH SOLE 373,336 COHERENT INC COM 192479103 6,170 154,200 SH SOLE 154,200 COMMUNITY HEALTH SYS INC NEW COM 203668108 777 25,100 SH PUT SOLE 25,100 COTT CORP QUE COM 22163N106 3,775 480,928 SH SOLE 480,928 COVIDIEN PLC SHS G2554F105 6,145 152,900 SH SOLE 152,900 CROWN HOLDINGS INC COM 228368106 367 12,800 SH SOLE 12,800 CROWN HOLDINGS INC COM 228368106 2,150 75,000 SH PUT SOLE 75,000 DARDEN RESTAURANTS INC COM 237194105 6,417 150,000 SH SOLE 150,000 DENTSPLY INTL INC NEW COM 249030107 14,166 443,100 SH SOLE 443,100 DIREXION SHS ETF TR DLY EMRGMKT BULL 25459W300 1,073 31,000 SH CALL SOLE 31,000 DIREXION SHS ETF TR DLY EMRGMKT BULL 25459W300 5,106 147,500 SH PUT SOLE 147,500 E M C CORP MASS COM 268648102 12,858 633,100 SH SOLE 633,100 ELDORADO GOLD CORP NEW COM 284902103 7,642 413,301 SH SOLE 413,301 ENCANA CORP COM 292505104 2,249 74,400 SH CALL SOLE 74,400 ENTEGRIS INC COM 29362U104 7,332 1,570,111 SH SOLE 1,570,111 EQUIFAX INC COM 294429105 22,197 711,436 SH SOLE 711,436 EQUINIX INC NOTE 4.750% 6/1 29444UAH9 15,634 11,000,000 PRN SOLE 11,000,000 EXFO INC SUB VTG SHS 302046107 3,951 691,874 SH SOLE 691,874 FEI CO COM 30241L109 13,820 706,204 SH SOLE 706,204 FINISAR CORP NOTE 5.000%10/1 31787AAK7 6,279 3,250,000 PRN SOLE 3,250,000 FIRSTSERVICE CORP SUB VTG SH 33761N109 5,986 248,158 SH SOLE 248,158 FORD MTR CO DEL NOTE 4.250%11/1 345370CN8 17,902 12,000,000 PRN SOLE 12,000,000 FOSSIL INC COM 349882100 1,038 19,300 SH PUT SOLE 19,300 GILDAN ACTIVEWEAR INC COM 375916103 16,218 577,363 SH SOLE 577,363 GOLD RESV INC CL A 38068N108 544 425,133 SH SOLE 425,133 GOLDEN STAR RES LTD CDA DBCV 4.000%11/3 38119TAC8 10,156 8,650,000 PRN SOLE 8,650,000 GOODRICH CORP COM 382388106 1,843 25,000 SH PUT SOLE 25,000 GREEN MTN COFFEE ROASTERS IN COM 393122106 4,130 132,400 SH CALL SOLE 132,400 GREEN MTN COFFEE ROASTERS IN COM 393122106 3,119 100,000 SH PUT SOLE 100,000 GROUPE CGI INC CL A SUB VTG 39945C109 28,148 1,872,783 SH SOLE 1,872,783 HEARTLAND EXPRESS INC COM 422347104 7,167 481,946 SH SOLE 481,946 HERTZ GLOBAL HOLDINGS INC NOTE 5.250% 6/0 42805TAA3 17,641 12,000,000 PRN SOLE 12,000,000 HUDSON HIGHLAND GROUP INC COM 443792106 4,233 1,230,518 SH SOLE 1,230,518 HUNT J B TRANS SVCS INC COM 445658107 6,066 174,800 SH SOLE 174,800 HURON CONSULTING GROUP INC COM 447462102 7,903 359,400 SH SOLE 359,400 IAC INTERACTIVECORP COM PAR $.001 44919P508 10,862 413,480 SH SOLE 413,480 IDEX CORP COM 45167R104 12,865 362,300 SH SOLE 362,300 IESI BFC LTD COM 44951D108 7,129 311,461 SH SOLE 311,461 ILLINOIS TOOL WKS INC COM 452308109 9,827 209,000 SH SOLE 209,000 IMPERIAL OIL LTD COM NEW 453038408 2,439 64,500 SH CALL SOLE 64,500 INTERMEC INC COM 458786100 8,736 712,583 SH SOLE 712,583 INTUITIVE SURGICAL INC COM NEW 46120E602 426 1,500 SH PUT SOLE 1,500 IRON MTN INC COM 462846106 6,639 297,200 SH SOLE 297,200 ISHARES TR RUSSELL 2000 464287655 33,750 500,000 SH PUT SOLE 500,000 ISHARES TR MSCI EMERG MKT 464287234 851 19,000 SH SOLE 19,000 IVANHOE MINES LTD COM 46579N103 9,072 387,544 SH SOLE 387,544 JDA SOFTWARE GROUP INC COM 46612K108 7,727 304,702 SH SOLE 304,702 KINROSS GOLD CORP COM NO PAR 496902404 68,117 3,527,933 SH SOLE 3,527,933 LAMAR ADVERTISING CO CL A 512815101 6,529 205,200 SH SOLE 205,200 LIFE TECHNOLOGIES CORP COM 53217V109 13,031 279,100 SH SOLE 279,100 MACYS INC COM 55616P104 7,076 306,600 SH SOLE 306,600 MANULIFE FINL CORP COM 56501R106 3,044 241,000 SH PUT SOLE 241,000 MDS INC COM 55269P302 5,664 560,767 SH SOLE 560,767 MGM RESORTS INTERNATIONAL COM 552953101 9,872 875,200 SH SOLE 875,200 MICRON TECHNOLOGY INC NOTE 1.875% 6/0 595112AH6 1,786 2,000,000 PRN SOLE 2,000,000 MINDSPEED TECHNOLOGIES INC COM NEW 602682205 5,226 672,576 SH SOLE 672,576 MORTONS RESTAURANT GRP INC N COM 619430101 2,903 593,709 SH SOLE 593,709 MUELLER INDS INC COM 624756102 5,911 223,153 SH SOLE 223,153 NATIONAL OILWELL VARCO INC COM 637071101 6,137 138,000 SH SOLE 138,000 NAVIGANT CONSULTING INC COM 63935N107 6,074 522,258 SH SOLE 522,258 NETAPP INC NOTE 1.750% 6/0 64110DAB0 14,675 9,000,000 PRN SOLE 9,000,000 NEW YORK CMNTY BANCORP INC COM 649445103 813 50,000 SH PUT SOLE 50,000 NILE THERAPEUTICS INC COM 654145101 189 300,000 SH SOLE 300,000 NILE THERAPEUTICS INC *W EXP 99/99/999 654145119 21 90,000 SH SOLE 90,000 NOBLE CORPORATION BAAR NAMEN-AKT H5833N103 5,248 155,300 SH SOLE 155,300 OMEGA HEALTHCARE INVS INC COM 681936100 382 17,000 SH SOLE 17,000 OWENS CORNING NEW COM 690742101 1,538 60,000 SH PUT SOLE 60,000 PALL CORP COM 696429307 6,737 161,800 SH SOLE 161,800 PEP BOYS MANNY MOE & JACK COM 713278109 2,483 234,700 SH SOLE 234,700 PERKINELMER INC COM 714046109 8,296 358,500 SH SOLE 358,500 PLUM CREEK TIMBER CO INC COM 729251108 1,525 43,200 SH PUT SOLE 43,200 POOL CORPORATION COM 73278L105 5,158 257,000 SH SOLE 257,000 POWER ONE INC NEW COM 73930R102 1,222 134,400 SH SOLE 134,400 REGENERX BIOPHARMACEUTICALS COM 75886X108 126 400,000 SH SOLE 400,000 REPUBLIC SVCS INC COM 760759100 9,606 315,047 SH SOLE 315,047 RESEARCH IN MOTION LTD COM 760975102 12,992 266,832 SH SOLE 266,832 ROGERS COMMUNICATIONS INC CL B 775109200 981 26,200 SH CALL SOLE 26,200 ROYAL BK CDA MONTREAL QUE COM 780087102 3,649 70,000 SH PUT SOLE 70,000 RUTHS HOSPITALITY GROUP INC COM 783332109 2,908 725,200 SH SOLE 725,200 SALIX PHARMACEUTICALS INC NOTE 2.750% 5/1 795435AC0 7,414 6,500,000 PRN SOLE 6,500,000 SAVIENT PHARMACEUTICALS INC COM 80517Q100 4,574 200,000 SH SOLE 200,000 SELECT SECTOR SPDR TR SBI INT-FINL 81369Y605 1,447 100,900 SH CALL SOLE 100,900 SIERRA WIRELESS INC COM 826516106 4,493 433,234 SH SOLE 433,234 SILVER WHEATON CORP COM 828336107 29,612 1,111,131 SH SOLE 1,111,131 SILVER WHEATON CORP COM 828336107 1,333 50,000 SH PUT SOLE 50,000 SINA CORP ORD G81477104 8,057 159,300 SH SOLE 159,300 SIRONA DENTAL SYSTEMS INC COM 82966C103 501 13,900 SH PUT SOLE 13,900 SKYWORKS SOLUTIONS INC COM 83088M102 1,240 60,000 SH CALL SOLE 60,000 SOUTHWEST AIRLS CO COM 844741108 335 25,600 SH PUT SOLE 25,600 SPDR S&P 500 ETF TR TR UNIT 78462F103 119,837 1,050,000 SH PUT SOLE 1,050,000 STANTEC INC COM 85472N109 7,059 267,293 SH SOLE 267,293 SUN LIFE FINL INC COM 866796105 1,823 70,000 SH CALL SOLE 70,000 SUN LIFE FINL INC COM 866796105 3,385 130,000 SH PUT SOLE 130,000 SUNCOR ENERGY INC NEW COM 867224107 2,093 64,300 SH CALL SOLE 64,300 SXC HEALTH SOLUTIONS CORP COM 78505P100 22,353 590,172 SH SOLE 590,172 SYNOVUS FINL CORP UNIT 99/99/9999 87161C204 8,370 360,000 SH SOLE 360,000 TEREX CORP NEW COM 880779103 3,213 140,200 SH SOLE 140,200 THOMAS & BETTS CORP COM 884315102 5,614 136,870 SH SOLE 136,870 TNS INC COM 872960109 339 20,000 SH SOLE 20,000 TOMOTHERAPY INC COM 890088107 6,301 1,790,195 SH SOLE 1,790,195 TORONTO DOMINION BK ONT COM NEW 891160509 1,445 20,000 SH SOLE 20,000 TORONTO DOMINION BK ONT COM NEW 891160509 2,132 29,500 SH CALL SOLE 29,500 TYSON FOODS INC CL A 902494103 801 50,000 SH PUT SOLE 50,000 UNION PAC CORP COM 907818108 10,593 129,500 SH SOLE 129,500 UNITED STATES OIL FUND LP UNITS 91232N108 2,299 66,000 SH CALL SOLE 66,000 UNIVERSAL FST PRODS INC COM 913543104 6,568 224,547 SH SOLE 224,547 VERISK ANALYTICS INC CL A 92345Y106 3,641 130,000 SH SOLE 130,000 VERIZON COMMUNICATIONS INC COM 92343V104 1,222 37,500 SH SOLE 37,500 VERIZON COMMUNICATIONS INC COM 92343V104 2,444 75,000 SH PUT SOLE 75,000 VIRGIN MEDIA INC NOTE 6.500%11/1 92769LAB7 14,750 10,000,000 PRN SOLE 10,000,000 VOLTERRA SEMICONDUCTOR CORP COM 928708106 4,488 208,532 SH SOLE 208,532 WESTERN UN CO COM 959802109 7,530 426,140 SH SOLE 426,140 WESTWAY GROUP INC *W EXP 05/24/201 96169B118 58 530,000 SH SOLE 530,000 ZEBRA TECHNOLOGIES CORP CL A 989207105 7,653 227,506 SH SOLE 227,506
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