0001144204-11-045782.txt : 20110812 0001144204-11-045782.hdr.sgml : 20110812 20110811193918 ACCESSION NUMBER: 0001144204-11-045782 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20110630 FILED AS OF DATE: 20110812 DATE AS OF CHANGE: 20110811 EFFECTIVENESS DATE: 20110812 FILER: COMPANY DATA: COMPANY CONFORMED NAME: MIG Absolute Return, LLC CENTRAL INDEX KEY: 0001425649 IRS NUMBER: 200574542 STATE OF INCORPORATION: DE FISCAL YEAR END: 0811 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-12667 FILM NUMBER: 111028932 BUSINESS ADDRESS: STREET 1: 4350 VON KARMAN AVENUE STREET 2: 4TH FLOOR CITY: NEWPORT BEACH STATE: CA ZIP: 92660 BUSINESS PHONE: 949-474-5824 MAIL ADDRESS: STREET 1: 4350 VON KARMAN AVENUE STREET 2: 4TH FLOOR CITY: NEWPORT BEACH STATE: CA ZIP: 92660 FORMER COMPANY: FORMER CONFORMED NAME: Falcon Investment Management LLC DATE OF NAME CHANGE: 20080131 13F-HR 1 v231764_13f-hr.txt ------------------------------ OMB APPROVAL ------------------------------ OMB Number: 3235-0006 Expires: December 31, 2009 Estimated average burden hours per response........23.5 ------------------------------ UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F FORM 13F COVER PAGE Report for the Calendar Year or Quarter Ended: 06-30-2011 ---------- 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: MIG Absolute Return, LLC ------------------------------------------------- Address: 4350 Von Karman Avenue 4th Floor ------------------------------------------------- Newport Beach, CA 92660 ------------------------------------------------- ------------------------------------------------- Form 13F File Number: 28 - 12667 -------------------- 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: Richard Merage ----------------------------------------------- Title: Managing Partner ----------------------------------------------- Phone: 949-474-5800 ----------------------------------------------- Signature, Place, and Date of Signing: /s/ Richard Merage Newport Beach, CA 07/26/11 ------------------ ----------------- -------- [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: 177 --------------------- Form 13F Information Table Value Total: $ 214,983 --------------------- (thousands) List of Other Included Managers: 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 -------- -------- -------- -------- -------- -------- -------- Voting Authority TITLE OF VALUE SHRS OR SH/ PUT/ INVESTMENT ---------------- NAME OF ISSUER CLASS CUSIP (x $1000) PRN AMT PRN CALL DISCRETION SOLE SHARED NONE -------------- ----- ----- --------- ------- --- ---- ---------- ---- ------ ---- ACCENTURE PLC COM G1151C101 581 9,614 SH SOLE 9,614 ADVANCED AUTO PARTS INC COM 00751Y106 420 7,174 SH SOLE 7,174 AEROPOSTALE, INC. COM 007865108 289 16,521 SH SOLE 16,521 AETNA INC COM 00817Y108 239 5,421 SH SOLE 5,421 ALLIANCE FIBER OPTIC PRODS INC COM 018680306 104 12,265 SH SOLE 12,265 ALLIANT ENERGY CORPORATION COM 018802108 239 5,870 SH SOLE 5,870 ALTERA CORP COM 021441100 475 10,249 SH SOLE 10,249 AMDOCS LIMITED ORDINARY SHARES COM G02602103 296 9,730 SH SOLE 9,730 AMEREN CORPORATION COM 023608102 361 12,515 SH SOLE 12,515 AMERICAN EAGLE OUTFITTERS INC COM 02553E106 659 51,700 SH SOLE 51,700 AMERISOURCEBERGEN CORPORATION COM 03073E105 374 9,041 SH SOLE 9,041 AMGEN INC. COM 031162100 457 7,825 SH SOLE 7,825 ANALOG DEVICES, INC. COM 032654105 957 24,456 SH SOLE 24,456 APOLLO GROUP CL A 037604105 375 8,589 SH SOLE 8,589 APPLE, INC. COM 037833100 3452 10,285 SH SOLE 10,285 ARCH CAPITAL GROUP LTD. COM G0450A105 6607 207,000 SH SOLE 207,000 ARDEN GROUP INC CL A 039762109 5066 55,055 SH SOLE 55,055 ASCENA RETAIL GROUP INC COM 04351G101 4758 139,724 SH SOLE 139,724 AT&T INC COM 00206R102 233 7,408 SH SOLE 7,408 AUTOLIV, INC. COM 052800109 390 4,975 SH SOLE 4,975 AUTOZONE, INC. COM 053332102 4716 15,994 SH SOLE 15,994 BALLANTYNE OF OMAHA INC COM 058516105 74 15,746 SH SOLE 15,746 BALLY TECHNOLOGIES INC COM 05874B107 3423 84,150 SH SOLE 84,150 BB&T CORPORATION COM 054937107 3393 126,412 SH SOLE 126,412 BED BATH & BEYOND INC. COM 075896100 533 9,123 SH SOLE 9,123 BERKSHIRE HATHAWAY INC. CL B NEW 084670702 325 4,200 SH SOLE 4,200 BIG LOTS INC COM 089302103 212 6,392 SH SOLE 6,392 BJ'S WHOLESALE CLUB INC COM 05548J106 312 6,189 SH SOLE 6,189 BLACK DIAMOND INC COM 09202G101 301 38,220 SH SOLE 38,220 BMC SOFTWARE INC. COM 055921100 406 7,421 SH SOLE 7,421 BOISE INC. COM 09746Y105 89 11,478 SH SOLE 11,478 BRINKER INTERNATIONAL INC COM 109641100 264 10,800 SH SOLE 10,800 BRISTOL-MYERS SQUIBB COMPANY COM 110122108 594 20,499 SH SOLE 20,499 CA, INC. COM 12673P105 323 14,159 SH SOLE 14,159 CARDINAL HEALTH INC COM 14149Y108 371 8,179 SH SOLE 8,179 CASUAL MALE RETAIL GROUP, INC. COM 148711302 44 10,669 SH SOLE 10,669 CHEVRON CORPORATION COM 166764100 860 8,367 SH CALL SOLE 8,367 CHILDREN'S PLACE RETAIL STORES INC COM 168905107 356 8,000 SH SOLE 8,000 CIGNA CORPORATION COM 125509109 380 7,395 SH SOLE 7,395 CISCO SYSTEMS, INC. COM 17275R102 284 18,200 SH SOLE 18,200 COACH INC COM 189754104 535 8,366 SH SOLE 8,366 COLLECTIVE BRANDS, INC. COM 19421W100 5548 377,698 SH SOLE 377,698 COMCAST CORPORATION CL A 20030N101 426 16,800 SH SOLE 16,800 COMPUTER SCIENCES CORP COM 205363104 275 7,234 SH SOLE 7,234 CONOCOPHILLIPS COM 20825C104 777 10,338 SH SOLE 10,338 CONTINUCARE CORPORATION COM 212172100 85 13,721 SH SOLE 13,721 COSTCO WHOLESALE CORPORATION COM 22160K105 422 5,194 SH SOLE 5,194 CRAY INC CLASS COM 225223304 98 15,258 SH SOLE 15,258 CROWN CASTLE INTL CORP COM 228227104 4977 122,007 SH SOLE 122,007 DECKERS OUTDOORS CORP COM 243537107 440 4,993 SH SOLE 4,993 DIRECTV COM 25490A101 288 5,671 SH SOLE 5,671 DISH NETWORK CORPORATION CL A 25470M109 476 15,505 SH SOLE 15,505 DOLLAR TREE INC. COM 256746108 320 4,801 SH SOLE 4,801 DOMTAR CORPORATION COM NEW 257559203 312 3,298 SH SOLE 3,298 DR PEPPER SNAPPLE GROUP, INC. COM 26138E109 296 7,057 SH SOLE 7,057 DSW INC. CL A 23334L102 4395 86,850 SH SOLE 86,850 DTE ENERGY COMPANY COM 233331107 384 7,676 SH SOLE 7,676 EDISON INTERNATIONAL COM 281020107 319 8,237 SH SOLE 8,237 ELI LILLY & CO COM 532457108 888 23,668 SH SOLE 23,668 EXELON CORPORATION COM 30161N101 767 17,908 SH SOLE 17,908 EXXON MOBIL CORPORATION COM 30231G102 444 5,453 SH SOLE 5,453 FAIRCHILD SEMICON INTL COM 303726103 197 11,783 SH SOLE 11,783 FIVE STAR QUALITY CARE INC COM 33832D106 75 12,884 SH SOLE 12,884 FOREST LABORATORIES INC COM 345838106 633 16,102 SH SOLE 16,102 FREEPORT-MCMORAN COPPER & GOLD COM 35671D857 308 5,825 SH SOLE 5,825 GAMESTOP CORP CL A 36467W109 274 10,283 SH SOLE 10,283 GAP INC COM 364760108 403 22,282 SH SOLE 22,282 GARMIN LTD. COM H2906T109 298 9,024 SH SOLE 9,024 GENVEC INC COM 37246C307 57 17,587 SH SOLE 17,587 GLOBAL PMTS INC COM 37940X102 226 4,437 SH SOLE 4,437 GRUPO TELEVISA, S.A. SP ADR REP ORD 40049J206 4895 199,000 SH SOLE 199,000 GSI TECHNOLOGY INC COM 36241U106 108 15,014 SH SOLE 15,014 GUESS, INC. COM 401617105 383 9,100 SH SOLE 9,100 H & R BLOCK INC. COM 093671105 275 17,156 SH SOLE 17,156 HANSEN NATURAL CORP COM 411310105 264 3,261 SH SOLE 3,261 HAWAIIAN HOLDINGS INC COM 419879101 133 23,268 SH SOLE 23,268 HEALTH NET, INC. COM 42222G108 218 6,792 SH SOLE 6,792 HERBALIFE LTD. COM G4412G101 8788 152,470 SH SOLE 152,470 HERTZ GLOBAL HOLDINGS, INC. COM 42805T105 167 10,542 SH SOLE 10,542 HUMANA INC. COM 444859102 635 7,883 SH SOLE 7,883 IAC/INTERACTIVECORP COM 44919P508 338 8,863 SH SOLE 8,863 INTEGRYS ENERGY GROUP, INC. COM 45822P105 269 5,188 SH SOLE 5,188 INTEL CORPORATION COM 458140100 715 32,286 SH SOLE 32,286 INTERPUBLIC GROUP COS COM 460690100 224 17,887 SH SOLE 17,887 INTERVAL LEISURE GROUP, INC. COM 46113M108 4281 312,713 SH SOLE 312,713 INTL BUSINESS MACHINES CORP COM 459200101 693 4,042 SH SOLE 4,042 ISHARES MSCI EMERGING 464287234 14739 309,650 SH SOLE 309,650 MARKET ITT CORPORATION COM 450911102 224 3,805 SH SOLE 3,805 ITT EDUCATIONAL SERVICES INC COM 45068B109 280 3,575 SH SOLE 3,575 J.M. SMUCKER CO. COM 832696405 6711 87,800 SH SOLE 87,800 JACK IN THE BOX INC. COM 466367109 7210 316,511 SH SOLE 316,511 JEFFERIES GROUP INC (NEW) COM 472319102 237 11,600 SH SOLE 11,600 JOHNSON & JOHNSON COM 478160104 517 7,775 SH SOLE 7,775 JOURNAL COMMUNICATIONS INC CL A 481130102 71 13,703 SH SOLE 13,703 JPMORGAN CHASE & CO COM 46625H100 4782 116,800 SH SOLE 116,800 KBR, INC. COM 48242W106 360 9,559 SH SOLE 9,559 KROGER COMPANY COM 501044101 389 15,667 SH SOLE 15,667 LASALLE HOTEL PROPERTIES COM 517942108 3881 147,350 SH SOLE 147,350 LATTICE SEMICONDUCTOR CORP COM 518415104 66 10,053 SH SOLE 10,053 LEXMARK INTERNATIONAL INC. CL A 529771107 311 10,641 SH SOLE 10,641 LIBERTY MEDIA HLDG CORP CL A 53071M104 5031 300,000 SH SOLE 300,000 LIMITED BRANDS, INC. COM 532716107 392 10,184 SH SOLE 10,184 LOCKHEED MARTIN CORPORATION COM 539830109 307 3,793 SH SOLE 3,793 MARATHON OIL CORPORATION COM 565849106 415 7,884 SH SOLE 7,884 MASTERCARD INCORPORATED CL A 57636Q104 259 859 SH SOLE 859 MB FINANCIAL INC NEW COM 55264U108 2904 150,920 SH SOLE 150,920 MCGRAW-HILL COMPANIES INC COM 580645109 467 11,147 SH SOLE 11,147 MCKESSON CORPORATION COM 58155Q103 413 4,937 SH SOLE 4,937 METRO HEALTH NETWORKS INC COM 592142103 102 21,208 SH SOLE 21,208 MICROSOFT CORPORATION COM 594918104 744 28,597 SH SOLE 28,597 MODUSLINK GLOBAL SOLUTIONS COM 60786L107 85 18,988 SH SOLE 18,988 MURPHY OIL CORPORATION COM 626717102 409 6,236 SH SOLE 6,236 NEW ENERGY SYSTEMS GROUP COM 643847106 50 22,387 SH SOLE 22,387 NIC INC COM 62914B100 143 10,636 SH SOLE 10,636 NIKE CL B 654106103 259 2,874 SH SOLE 2,874 NORTHEAST UTILITIES COM 664397106 479 13,606 SH SOLE 13,606 NORTHROP GRUMMAN CORP COM 666807102 219 3,153 SH SOLE 3,153 NOVELLUS SYSTEMS INC COM 670008101 393 10,876 SH SOLE 10,876 OFFICE DEPOT INC COM 676220106 83 19,675 SH SOLE 19,675 OMNICOM GROUP COM 681919106 318 6,608 SH SOLE 6,608 OSHKOSH CORPORATION COM 688239201 246 8,510 SH SOLE 8,510 PACWEST BANCORP COM 695263103 3924 190,780 SH SOLE 190,780 PANERA BREAD COMPANY CL A 69840W108 289 2,299 SH SOLE 2,299 PC MALL INC COM 69323K100 87 11,229 SH SOLE 11,229 PEPCO HOLDINGS INC COM 713291102 319 16,226 SH SOLE 16,226 PEPSICO INC COM 713448108 7497 106,450 SH SOLE 106,450 PF CHANG'S CHINA BISTRO COM 69333Y108 4272 106,154 SH SOLE 106,154 PHILIP MORRIS INTL INC COM 718172109 404 6,044 SH SOLE 6,044 POZEN INC COM 73941U102 47 11,271 SH SOLE 11,271 PRICELINE.COM INC COM 741503403 259 506 SH SOLE 506 PUBLIC-SVC ENTERPRISE GROUP HOLDING CO COM 744573106 265 8,124 SH SOLE 8,124 PULTE HOMES, INC. COM 745867101 121 15,797 SH SOLE 15,797 QLOGIC CORP COM 747277101 184 11,538 SH SOLE 11,538 QUESTAR CORPORATION COM 748356102 299 16,859 SH SOLE 16,859 RADIOSHACK CORP COM 750438103 165 12,384 SH SOLE 12,384 RAMBUS INC COM 750917106 185 12,606 SH SOLE 12,606 REGIS CORP. COM 758932107 4719 308,020 SH SOLE 308,020 RENT-A-CENTER INC COM 76009N100 4610 150,840 SH SOLE 150,840 ROSS STORES,INC COM 778296103 555 6,930 SH SOLE 6,930 SAFEWAY INC. COM 786514208 207 8,851 SH SOLE 8,851 SEAGATE TECHNOLOGY PLC COM G7945M107 293 18,139 SH SOLE 18,139 SOUTHWEST AIRLINES CO COM 844741108 293 25,651 SH SOLE 25,651 STAR GAS PARTNERS, L.P. COMMON UNITS REPRESENTING LIMITED PARTNER INTERESTS COM 85512C105 82 15,238 SH SOLE 15,238 STEIN MART INC COM 858375108 106 11,037 SH SOLE 11,037 STEWART ENTERPRISES INC CL A 860370105 102 13,959 SH SOLE 13,959 SUNOCO INC COM 86764P109 413 9,896 SH SOLE 9,896 SUPERGEN INC COM 868059106 120 40,418 SH SOLE 40,418 TELLABS INC. COM 879664100 227 49,324 SH SOLE 49,324 TERADATA CORPORATION COM 88076W103 379 6,290 SH SOLE 6,290 TERADYNE INC COM 880770102 401 27,117 SH SOLE 27,117 TEXAS ROADHOUSE, INC. COM 882681109 6141 350,188 SH SOLE 350,188 TJX COMPANIES INC (NEW) COM 872540109 527 10,031 SH SOLE 10,031 TRACTOR SUPPLY CO COM 892356106 211 3,149 SH SOLE 3,149 TRAVELCENTERS OF AMERICA LLC COM 894174101 91 16,661 SH SOLE 16,661 TRW AUTOMOTIVE HOLDINGS CORP. COM 87264S106 354 5,993 SH SOLE 5,993 TYSON FOODS INC CL A 902494103 291 14,961 SH SOLE 14,961 UNITEDHEALTH GROUP INCORPORATE*D COM 91324P102 553 10,717 SH SOLE 10,717 USA MOBILITY INC COM 90341G103 176 11,541 SH SOLE 11,541 VAALCO ENERGY, INC. COM 91851C201 106 17,674 SH SOLE 17,674 VARIAN MEDICAL SYSTEMS INC COM 92220P105 331 4,729 SH SOLE 4,729 VERIZON COMMUNICATIONS INC. COM 92343V104 636 17,091 SH SOLE 17,091 VIASAT INC COM 92552V100 4435 102,500 SH SOLE 102,500 VISA INC. CL A 92826C839 3707 44,000 SH SOLE 44,000 VISHAY INTERTECHNOLOGY COM 928298108 351 23,314 SH SOLE 23,314 WAL MART STORES INC COM 931142103 4616 86,860 SH SOLE 86,860 WALGREEN CO. COM 931422109 361 8,500 SH SOLE 8,500 WAL MART STORES INC COM 931142103 866 2,050 SH SOLE 2,050 WALTER ENERGY INC COM 93317Q105 204 1,759 SH SOLE 1,759 WELLPOINT, INC. COM 94973V107 270 3,431 SH SOLE 3,431 WESTELL TECHNOLOGIES INC CL A 957541105 38 10,767 SH SOLE 10,767 WESTERN DIGITAL CORP COM 958102105 316 8,673 SH SOLE 8,673 WESTERN UNION COMPANY (THE) COM 959802109 337 16,813 SH SOLE 16,813 WHIRLPOOL CORP. COM 963320106 6188 76,100 SH SOLE 76,100 WILLIAMS-SONOMA, INC. COM 969904101 255 6,994 SH SOLE 6,994 WMS INDS INC COM 929297109 7987 260,000 SH SOLE 260,000 YUM BRANDS, INC. COM 988498101 285 5,154 SH SOLE 5,154 ZALE CORP (NEW) COM 988858106 109 19,408 SH SOLE 19,408