0001398344-11-001116.txt : 20110512 0001398344-11-001116.hdr.sgml : 20110512 20110512132005 ACCESSION NUMBER: 0001398344-11-001116 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20110331 FILED AS OF DATE: 20110512 DATE AS OF CHANGE: 20110512 EFFECTIVENESS DATE: 20110512 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Baker Avenue Asset Management, LP CENTRAL INDEX KEY: 0001432529 IRS NUMBER: 201735413 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-13834 FILM NUMBER: 11834964 BUSINESS ADDRESS: STREET 1: 601 CALIFORNIA ST STREET 2: SUITE 750 CITY: SAN FRANCISCO STATE: CA ZIP: 94108 BUSINESS PHONE: 415-986-1110 MAIL ADDRESS: STREET 1: 601 CALIFORNIA ST STREET 2: SUITE 750 CITY: SAN FRANCISCO STATE: CA ZIP: 94108 13F-HR 1 fp0002847_13fhr.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: March 31, 2011 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: Baker Avenue Asset Management, LP Address: 301 Battery Street, 2nd Floor San Francisco, CA 94111 Form 13F File Number: 028-13834 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: Stacey Kruus Title: Chief Compliance Officer Phone: 202-275-0089 Signature, Place, and Date of Signing: /s/ Stacey Kruus Mercer Island, WA 04/29/2011 ---------------- ----------------- ---------- [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: [If there are no entries in this list, omit this section.] Form 13F File Number Name Form 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 ----------- Form 13F Information Table Entry Total: 133 ----------- Form 13F Information Table Value Total: $ 432,057 ----------- (thousands) List of Other Included Managers: Provide a numbered list of the names(s) and Form 13F file numbers(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report. [If there are no entries in this list, state "NONE" and omit the column headings and list entries.] NONE

COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 ------------------------- -------------- --------- -------- ------------------- ---------- -------- -------------------------- VOTING AUTHORITY VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER -------------------------- NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE ------------------------- -------------- --------- -------- -------- --- ---- ---------- -------- -------- -------- -------- APPLE COMPUTER, INC. Common Stock 037833950 279 800 SH PUT Y 800 AES CORP Common Stock 00130H105 168 12,920 SH Y 12,920 AGCO CORP NOTE 1.250%12/15/36 Common Stock 001084AM4 30 20,000 SH Y 20,000 ALTAIR NANOTECHNOLOGIES INC Common Stock 021373204 22 14,000 SH Y 14,000 AMERICAN CAPITAL STRATEGIES LTD Common Stock 02503Y103 255 25,738 SH Y 25,738 AMERIGROUP CORP Common Stock 03073T102 6,120 95,250 SH Y 95,250 APOLLO GROUP INC Common Stock 37604105 252 6,040 SH Y 6,040 BANK AMERICA CORP Common Stock 060505104 53 50,000 SH Y 50,000 BANK NEW YORK MELLON CORP COM Common Stock 064058100 208 6,980 SH Y 6,980 BERKSHIRE HATHAWAY INC CL B Common Stock 084670702 567 6,780 SH Y 6,780 BRIGHAM EXPL CO Common Stock 109178103 7,133 191,850 SH Y 191,850 BROCADE COMMUNICATIONS SYSTEMS INC Common Stock 111621306 173 28,120 SH Y 28,120 CARBO CERAMICS INC Common Stock 140781105 13,035 92,370 SH Y 92,370 CHINA CERAMICS CO LTD COM USD0.001 ISIN #VGG2113X1006 Common Stock G2113X100 848 137,476 SH Y 137,476 CHINA XD PLASTICS COMPANY LTD COM Common Stock 16948F107 824 158,112 SH Y 158,112 CHINACAST ED CORP Common Stock 16946T109 858 136,520 SH Y 136,520 CITIGROUP INC Common Stock 172967101 353 79,760 SH Y 79,760 COINSTAR INC Common Stock 19259P300 1,069 23,286 SH Y 23,286 COMPLETE PRODUCTION SERVICES Common Stock 20453E109 1,262 39,668 SH Y 39,668 COMSTOCK RES INC Common Stock 205768203 487 15,740 SH Y 15,740 CONCHO RESOURCES Common Stock 20605P101 7,216 67,250 SH Y 67,250 CONOCOPHILLIPS Common Stock 20825C104 287 3,600 SH Y 3,600 CURRENCYSHARESCDN DLR TR CDN DOLLARS SHS Common Stock 23129X105 243 2,365 SH Y 2,365 CURRENCYSHARESS SWISS Common Stock 23129V109 234 2,170 SH Y 2,170 DECKERS OUTDOOR Common Stock 243537107 11,454 132,950 SH Y 132,950 E M C CORP MASS NOTE 1.750%12/01/13 Common Stock 268648AM4 34 20,000 SH Y 20,000 EDWARDS LIFESCIENCES CORP COM Common Stock 28176E108 10,840 124,600 SH Y 124,600 EL PASO CORP COM Common Stock 28336L109 231 12,848 SH Y 12,848 ELECTRONICS ARTS Common Stock 285512109 27,67511,417,032 11SH Y 1,417,032 ENERGY CONVERS 3%13 CVT BOND DUE 06/15/13 Common Stock 292659AA7 7 12,000 SH Y 12,000 EQUINIX INC NEW Common Stock 29444U502 2,273 24,946 SH Y 24,946 ETFS GOLD TRUST ETF Common Stock 26922Y105 438 3,070 SH Y 3,070 ETFS SILVER TR SILVER SHS ETF Common Stock 26922X107 417 11,130 SH Y 11,130 EXELON CORP Common Stock 30161N101 313 7,600 SH Y 7,600 FIRST PACTRUST BAN CORP INC Common Stock 33589V101 1,435 90,204 SH Y 90,204 FOSSIL INC Common Stock 349882100 10,794 115,260 SH Y 115,260 GILEAD SCIENCES INC Common Stock 375558103 291 6,860 SH Y 6,860 GOODYEAR TIRE & RUBBER CO Common Stock 382550101 262 17,480 SH Y 17,480 GSI GROUP INC COM Common Stock 36191C205 873 84,748 SH Y 84,748 HARBIN ELECTRIC Common Stock 41145W109 1,141 55,170 SH Y 55,170 HEALTHSPRING INC Common Stock 42224N101 7,475 200,040 SH Y 200,040 HELMERICH & PAYNE INC Common Stock 423452101 12,364 179,990 SH Y 179,990 IGATE CORP Common Stock 45169U105 3,329 177,338 SH Y 177,338 INTL BUSINESS MACHINES Common Stock 459200101 329 2,020 SH Y 2,020 ISHARES DOW JONES SELECT DIVIDEND INDEX Common Stock 464287168 639 12,260 SH Y 12,260 ISHARES TIPS BOND ETF Mutual Fund 464287176 4,770 43,700 SH Y 43,700 ISHARES AGGREGATE BOND ETF Common Stock 464287226 916 8,713 SH Y 8,713 ISHARES IBOXX INVESTMENT GRADE CORP BOND ETF Common Stock 464287242 5,996 55,417 SH Y 55,417 ISHARES 1-3 YR TREASURY ETF Mutual Fund 464287457 1,482 17,691 SH Y 17,691 ISHARES RUSSELL 1000 VALUE ETF Mutual Fund 464287598 2,327 33,880 SH Y 33,880 ISHARES RUSSELL 2000 VALUE Mutual Fund 464287630 3,733 49,518 SH Y 49,518 ISHARES TRUST DOW JONES US REAL ESTATE INDEX FUND Mutual Fund 464287739 1,595 26,860 SH Y 26,860 ISHARESJPMORGAN USD EMERGING MKTS BDFD Common Stock 464288281 497 4,660 SH Y 4,660 ISHARES TR IBOXX HIGH YIELD CORP BD FD Mutual Fund 464288513 1,730 18,810 SH Y 18,810 ISHARES TR FTSE NAREIT MTG REITS Common Stock 464288539 794 52,320 SH Y 52,320 ISHARES INTERMEDIATE CREDIT BOND ETF Common Stock 464288638 361 3,430 SH Y 3,430 ISHARES 1-3 YR CREDIT BOND ETF Common Stock 464288646 10,413 99,705 SH Y 99,705 ISHARES S&P U.S. PREFERRED STOCK ETF Common Stock 464288687 2,515 63,440 SH Y 63,440 ISHARES OIL EQUIP & SVC INDEX FUND Mutual Fund 464288844 10,048 148,150 SH Y 148,150 ISHARES SILVER ETF Mutual Fund 46428Q109 4,130 112,320 SH Y 112,320 JA SOLAR HOLDINGS CO LTD 4.50000% 05/15/2013JA SOLAR HOLDINGS CO LTD Common Stock 466090AA5 26 27,000 SH Y 27,000 JOY GLOBAL INC Common Stock 481165108 18,243 184,626 SH Y 184,626 JP MORGAN EXCH TRAD NOTE ALERIAN MLP Common Stock 46625H365 2,440 64,260 SH Y 64,260 KEYCORP NEW Common Stock 493267108 243 27,420 SH Y 27,420 KORN FERRY INTL Common Stock 500643200 558 25,050 SH Y 25,050 LENNAR CORP Common Stock 526057104 241 13,280 SH Y 13,280 LIHUA INTERNATIONAL INC Common Stock 532352101 828 94,280 SH Y 94,280 LULULEMON ATHLETICA INC Common Stock 550021109 14,136 158,740 SH Y 158,740 MARKET VECTORS ETF TR COAL ETF Common Stock 57060U837 8,027 158,262 SH Y 158,262 MARKET VECTORS ETF TR JR GOLD MINES ETF Common Stock 57060U589 11,691 298,090 SH Y 298,090 MASSEY ENERGY CO SR NT CONV Common Stock 576203AJ2 14 12,000 SH Y 12,000 METROPCS COMMUNICATIONS INC Common Stock 591708102 424 428,715 SH Y 428,715 MICROSOFT Common Stock 594918104 478 18,840 SH Y 18,840 MOLSON COORS BREWING CO CL B Common Stock 60871R209 285 6,081 SH Y 6,081 MONSANTO CO Common Stock 61166W101 295 4,080 SH Y 4,080 NASDAQ 100 INDEX TRACKING STK Common Stock 73935A104 295 5,132 SH Y 5,132 NETFLIX COM INC Common Stock 64110L106 13,168 55,380 SH Y 55,380 NII HLDGS INC NOTE 3.125% 6/15/12 Common Stock 62913FAJ1 33 33,000 SH Y 33,000 OCZ TECHNOLOGY GROUPINC COM Common Stock 67086E303 2,031 250,692 SH Y 250,692 OFFICE DEPOT INC Common Stock 676220106 341 73,580 SH Y 73,580 ORACLE CORPORATION Common Stock 68389X105 3,381 101,132 SH Y 101,132 ORBITAL SCIENCES CORP Common Stock 685564106 1,164 61,546 SH Y 61,546 POWERSHS EXCH TRAD FD TR POWERSHARES DWA TECH Common Stock 73935X153 2,182 85,090 SH Y 85,090 POWERSHARES FINANCIAL PREFERRED ETF Common Stock 73935X229 1,821 100,360 SH Y 100,360 POWERSHARES WILDERHILL CLEAN ENERGY Mutual Fund 73935X500 116 10,800 SH Y 10,800 POWERSHARES EXCHANGETRADED FD TR DYNAMIC NETWORKING PORTFOLIO Common Stock 73935X815 10,509 374,340 SH Y 374,340 POWERSHARES GLOBAL ETF PREFERRED PORTFOLIO Common Stock 73936T565 889 61,960 SH Y 61,960 POWERSHARES ETF FD TR II S&P SMALLCAP ENERGY Common Stock 73937B704 5,876 140,110 SH Y 140,110 PRAXAIR INC Common Stock 74005P104 500 4,924 SH Y 4,924 PROSHARES TR ULTRA SHORT 100 FD Common Stock 74347X237 698 13,698 SH Y 13,698 R F MICRO DEVICES INC Common Stock 749941100 1,122 175,000 SH Y 175,000 ROCKWELL AUTOMATION INC Common Stock 773903109 12,053 127,340 SH Y 127,340 RYDEX ETF TR RYDEX S&P MIDCAP 400PURE GROWTH ETF Common Stock 78355W601 11,148 129,040 SH Y 129,040 SANDISK CORP SR NT CV 1.00000% 05/15/2013 Common Stock 80004CAC5 42 43,000 SH Y 43,000 SIMPSON MANUFACTURING CO INC Common Stock 829073105 3,948 134,000 SH Y 134,000 SPDR BARCLAYS CAPITAL INTL TREASURY BOND Common Stock 78464A516 2,049 34,250 SH Y 34,250 SPDR S&P 500 ETF Mutual Fund 78462FR103 8,918 67,260 SH Y 67,260 SPDR GOLD ETF Mutual Fund 78463V107 2,771 19,816 SH Y 19,816 SPDR DJ WILSHIRE INTL REAL EST Common Stock 78463X863 1,837 47,060 SH Y 47,060 SPDR SER TR WELLS FARGO PFD STOCK ETF Common Stock 78464A292 724 15,860 SH Y 15,860 SPDR S&P METALS & MNG ETF Common Stock 78464A755 9,289 125,042 SH Y 125,042 SPDR SER TR S&P DIVID ETF Common Stock 78464A763 1,110 20,500 SH Y 20,500 SPROTT PHYSICAL GOLDT TRUST Common Stock 85207H104 4,876 385,775 SH Y 385,775 SPROTT PHYSICAL SILVER TRUST TRUST UNIT ISIN #CA85207K1075SEDOL #B5THDS5 Common Stock 85207K107 1,945 110,550 SH Y 110,550 STIFEL FINANCIAL CP Common Stock 860630102 7,463 103,950 SH Y 103,950 SUNPOWER CORP COM CL A Common Stock 867652109 331 19,300 SH Y 19,300 SUNTECH POWER HOLDINGS CO SERIES CONVERTIBLE 3% 03/15/2013 Common Stock 86800CAE4 29 32,000 SH Y 32,000 SUPERVALU INC Common Stock 868536103 398 44,580 SH Y 44,580 TEUCRIUM COMMMODITY TR CORN FD SHS Common Stock 88166A102 5,458 123,340 SH Y 123,340 TIBCO SOFTWARE INC Common Stock 88632Q103 11,896 436,540 SH Y 436,540 TRACTOR SUPPLY CO Common Stock 892356106 8,272 138,190 SH Y 138,190 TRIANGLE PETROLEUM CORPORATION COM STK USD0.01 ISIN #US89600B2016SEDOL #B3K Common Stock 89600B201 1,973 237,692 SH Y 237,692 TRIQUINT SEMICONDUCTOR INC Common Stock 89674K103 1,014 78,538 SH Y 78,538 UMPQUA HOLDINGS CORP Common Stock 904214103 1,142 99,840 SH Y 99,840 UNDER ARMOUR INC Common Stock 904311107 3,733 54,855 SH Y 54,855 UNITEK GLOBAL SVCS INC COM NEW Common Stock 91324T302 1,088 122,262 SH Y 122,262 VALERO ENERGY CORP NEW Common Stock 91913Y100 11,592 388,720 SH Y 388,720 VANGUARD BD INDEX FDINC SHORT TERM BD Common Stock 921937827 3,374 42,090 SH Y 42,090 VANGUARD TOTAL BOND MARKET ETF Common Stock 921937835 1,285 16,055 SH Y 16,055 VANGUARD INTL EQUITYINDEX FDS TOTAL WORLD STK INDEX FD Common Stock 922042742 1,346 26,986 SH Y 26,986 VANGUARD REIT ETF Common Stock 922908553 2,104 35,980 SH Y 35,980 VANGUARD TOTAL STK MKT ETF Common Stock 922908769 2,170 31,580 SH Y 31,580 VERIFONE HOLDING Common Stock 92342Y109 10,765 195,900 SH Y 195,900 VERISIGN INC SDCV 3.250% 8/15/37 Common Stock 92343EAD4 24 20,000 SH Y 20,000 VERIZON COMMUNICATIONS Common Stock 92343V104 395 10,260 SH Y 10,260 WISDOMTREE DREYFUS CHINESE YUAN FD Common Stock 97717W182 251 9,890 SH Y 9,890 WISDOMTREE TR BRAZILIAN REAL FD Common Stock 97717W240 223 8,075 SH Y 8,075 WISDOMTREE EMERGING MARKETS SMALLCAP DIVIDEND ETF Common Stock 97717W281 1,682 31,440 SH Y 31,440 WISDOMTREE EMERGING MARKETS EQUITY INCOME ETF Common Stock 97717W315 942 15,410 SH Y 15,410 WISDOMTREE TRUST INTL REAL ESTATE SECTOR Common Stock 97717W331 912 31,470 SH Y 31,470 WISDOMTREE TR EUROPESMALLCAP DIVID FD Common Stock 97717W869 930 20,860 SH Y 20,860 ZAGG INC Common Stock 98884U108 334 44,500 SH Y 44,500 ZIX CORP COM Common Stock 98974P100 2,269 613,328 SH Y 613,328