0000883487-12-000001.txt : 20120112 0000883487-12-000001.hdr.sgml : 20120112 20120112135555 ACCESSION NUMBER: 0000883487-12-000001 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20111231 FILED AS OF DATE: 20120112 DATE AS OF CHANGE: 20120112 EFFECTIVENESS DATE: 20120112 FILER: COMPANY DATA: COMPANY CONFORMED NAME: MESSNER & SMITH THEME VALUE INVESTMENT MANAGEMENT LTD /CA/ CENTRAL INDEX KEY: 0000883487 IRS NUMBER: 330087141 STATE OF INCORPORATION: CA FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-03033 FILM NUMBER: 12523856 BUSINESS ADDRESS: STREET 1: 530 B ST STREET 2: STE 300 CITY: SAN DIEGO STATE: CA ZIP: 92101 BUSINESS PHONE: 6192399049 MAIL ADDRESS: STREET 1: 530 B ST STREET 2: STE 300 CITY: SAN DIEGO STATE: CA ZIP: 92101 FORMER COMPANY: FORMER CONFORMED NAME: MERIDIAN CAPITAL MANAGEMENT LTD/CA DATE OF NAME CHANGE: 19970902 13F-HR 1 edgarfiling123111.txt UNITED STATES SECURITIES AND EXCHANGE COMMISION Washington, D.C. 20549 FORM 13F FORM 13F COVER PAGE Report for the Calendar Year or Quarter Ended: December 31, 2011 Institutional Investment Manager Filing This Report: Name: Messner & Smith Theme/Value Investment Management, Ltd. Address: 530 B Street, Suite 300 San Diego, CA 92101 SEC File Number: 801-24076 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: Ellis C. Smith Title: Principal/CAO Phone:(619) 239-9049 Signature, Place, and Date of Signing: Ellis C. Smith San Diego, California January 12, 2012 Report Type: 13F Holdings Report I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE ACT OF 1934. FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 Form 13F Information Table Entry Total: 56 Form 13F Information Table Value Total: $71,556,000 VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- A T & T INC (NEW) COM 00206R102 349 11532 SH SOLE 11532 0 0 ABERCROMBIE & FITCH CO CL A COM 002896207 1025 20990 SH DEFINED 11580 9410 0 ADVANCED MICRO DEVICES 5.750% CONVERTIBLE BOND 007903AN7 455 450000 PRN DEFINED 200000 250000 0 ALERE INC COM COM 01449J105 2639 114308 SH DEFINED 67170 47138 0 ALLEGHANY CORP DEL COM COM 017175100 200 700 SH SOLE 700 0 0 AMERICAN NATL INS CO COM COM 028591105 600 8210 SH DEFINED 5580 2630 0 ATMOS ENERGY CORP COM COM 049560105 1018 30530 SH DEFINED 16720 13810 0 CASEYS GEN STORES INC COM COM 147528103 2599 50460 SH DEFINED 29420 21040 0 CHEVRONTEXACO CORP COM COM 166764100 348 3272 SH SOLE 3272 0 0 COMSTOCK RES INC COM NEW COM 205768203 1314 85870 SH DEFINED 49380 36490 0 CONSOL ENERGY INC COM COM 20854P109 2238 60992 SH DEFINED 31562 29430 0 CONTANGO OIL & GAS COMPANY COM COM 21075N204 3253 55919 SH DEFINED 31420 24499 0 CORN PRODS INTL INC COM COM 219023108 2461 46790 SH DEFINED 24997 21793 0 CUBIC CORP COM COM 229669106 1485 34070 SH DEFINED 19850 14220 0 DEVRY INC DEL COM COM 251893103 1842 47905 SH DEFINED 26780 21125 0 DIGITAL RIV INC COM COM 25388B104 504 33540 SH DEFINED 20180 13360 0 DUSA PHARMACEUTICALS INC COM COM 266898105 706 161210 SH DEFINED 99990 61220 0 EAST WEST BANCORP INC COM COM 27579R104 2650 134189 SH DEFINED 77400 56789 0 EXXON MOBIL CORP COM COM 30231G102 746 8800 SH DEFINED 7000 1800 0 EZCORP INC CL A NON VTG COM 302301106 2808 106488 SH DEFINED 63545 42943 0 FOREST OIL CORP COM 346091705 2240 165300 SH DEFINED 91249 74051 0 FOSSIL INC COM COM 349882100 973 12260 SH DEFINED 6760 5500 0 FUEL SYSTEM SOLUTIONS INC COM 35952W103 766 46435 SH DEFINED 25550 20885 0 GENERAL ELEC CO COM 369604103 189 10580 SH SOLE 10580 0 0 GENOMIC HEALTH INC COM COM 37244C101 820 32303 SH DEFINED 20740 11563 0 GEN-PROBE INC NEW COM COM 36866T103 3385 57257 SH DEFINED 32688 24569 0 HOLLYFRONTIER CORPORATION COM 436106108 1220 52140 SH DEFINED 30190 21950 0 ILLUMINA INC COM COM 452327109 1704 55920 SH DEFINED 31510 24410 0 INTREPID POTASH INC COM COM 46121Y102 1819 80390 SH DEFINED 44720 35670 0 ISHARES TR RUSSELL MCP VL COM 464287473 899 20705 SH DEFINED 17215 3490 0 JOY GLOBAL INC COM COM 481165108 2349 31330 SH DEFINED 17179 14151 0 K12 INC COM COM 48273U102 353 19680 SH DEFINED 12570 7110 0 LIFE TECHNOLOGIES CORP COM COM 53217V109 1525 39190 SH DEFINED 22090 17100 0 LSI INDS INC COM COM 50216C108 801 133516 SH DEFINED 84770 48746 0 MEAD JOHNSON NUTRITION CO COM COM 582839106 245 3560 SH SOLE 3560 0 0 MICROSEMI CORP COM COM 595137100 2632 157135 SH DEFINED 88170 68965 0 MILLER ENERGY RES INC COM COM 600527105 502 179980 SH DEFINED 109050 70930 0 NORFOLK SOUTHN CORP COM 655844108 356 4880 SH SOLE 4880 0 0 NUANCE COMMUNICATIONS INC COM COM 67020Y100 2345 93217 SH DEFINED 53005 40212 0 PALOMAR MED TECHNOLOGIES INCCO COM 697529303 539 57949 SH DEFINED 36399 21550 0 PDI INC COM COM 69329V100 619 96405 SH DEFINED 58950 37455 0 PERKINELMER INC COM COM 714046109 1180 58980 SH DEFINED 33720 25260 0 PFIZER INC COM 717081103 307 14170 SH SOLE 14170 0 0 PMC-SIERRA INC COM COM 69344F106 2283 414408 SH DEFINED 226600 187808 0 PREMIER EXIBITIONS INC COM COM 74051E102 52 21274 SH DEFINED 0 21274 0 PRIVATEBANCORP INC COM COM 742962103 2152 196029 SH DEFINED 113860 82169 0 RUDDICK CORP COM COM 781258108 2193 51430 SH DEFINED 30100 21330 0 SARA LEE CORP COM COM 803111103 232 12270 SH SOLE 12270 0 0 SENOMYX INC COM COM 81724Q107 726 208543 SH DEFINED 122938 85605 0 TIMKEN CO COM COM 887389104 2367 61157 SH DEFINED 32730 28427 0 TOWER GROUP INC COM COM 891777104 726 35993 SH DEFINED 21693 14300 0 TRUE RELIGION APPAREL INC COM COM 89784N104 249 7210 SH DEFINED 4470 2740 0 UNION PAC CORP COM 907818108 414 3910 SH SOLE 3910 0 0 VANGUARD FIXED INCOME SECS FGN MUTUAL FUNDS 922031794 442 39972 SH DEFINED 0 39972 0 VANGUARD MUN BD FD INC INTER T MUTUAL FUNDS 922021407 578 50879 SH DEFINED 0 50879 0 WESTERN DIGITAL CORP COM COM 958102105 2134 68937 SH DEFINED 37460 31477 0 LINE COUNT: 56