0001216945-12-000001.txt : 20120210 0001216945-12-000001.hdr.sgml : 20120210 20120210162640 ACCESSION NUMBER: 0001216945-12-000001 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20111231 FILED AS OF DATE: 20120210 DATE AS OF CHANGE: 20120210 EFFECTIVENESS DATE: 20120210 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PILOT ADVISORS LP CENTRAL INDEX KEY: 0001216945 IRS NUMBER: 043600510 STATE OF INCORPORATION: DE FISCAL YEAR END: 1213 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-10334 FILM NUMBER: 12593260 BUSINESS ADDRESS: STREET 1: 1633 BROADWAY STREET 2: 9TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10019 BUSINESS PHONE: 2124769062 MAIL ADDRESS: STREET 1: 1633 BROADWAY STREET 2: 9TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10019 13F-HR 1 pilot12312011.txt DECEMBER 31, 2011 13F UNITED STATES SECURITES AND EXCHANGE COMMISSION WASHINGTON D.C. 20549 FORM 13F FORM 13F COVER PAGE Report for the Calendar Year or Quarter Ended. DECEMBER 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: Pilot Advisors LP Address: 1633 Broadway 9th Floor New York, NY 10019 13F File Number: 28-10334 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 submission. Person signing this Report on Behalf of Reporting Manager: Name: Frank Bisk Title: Counsel Phone: 212 660 5364 Signature, Place, and Date of Signing: Frank E. Bisk New York, NY February 10, 2012 Report Type (Check only one.): [X] 13F HOLDINGS REPORT [ ] 13F NOTICE [ ] 13F COMBINATION REPORT Form 13F SUMMARY PAGE Report Summary; Number of other Included Managers: 0 Form 13F Information Table Entry Total: 64 Form 13F Table Value Total: 468,763(in thousands) List of Other Included Managers: No. 13F File Number VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY----- NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- X$1000 PRN AMT PRN CALL DSCRETN -MANAGERS-- SOLE SHARED NONE 1 800 Flowers Com Cl A COM 68243q106 276 125257 SH Sole 125257 Alcoa Inc COM 013817101 2041 235900 SH Sole 235900 American Vanguard Corp. COM 030371108 400 30000 SH Sole 30000 Archer Daniels Midland Co COM 039483102 8220 287400 SH Sole 287400 Argonaut Gold Inc COM 04016a101 330 48400 SH Sole 48400 Ashland Inc COM 044209104 21186 370650 SH Sole 370650 Baker Hughes Inc COM 057224107 6352 130600 SH Sole 130600 Baltic Trading Limited COM y0553w103 56 11750 SH Sole 11750 Berry Petroleum Co Cl A COM 085789105 12307 292886 SH Sole 292886 Capital One Financial Corp COM 14040h105 5388 127400 SH Sole 127400 CareFusion Corp COM 14170t101 10277 404450 SH Sole 404450 Carrizo Oil & Gas Inc. COM 144577103 567 21500 SH Sole 21500 CBS Corp Cl B COM 124857202 17368 639925 SH Sole 639925 CNA Financial Corp. COM 126117100 2027 75794 SH Sole 75794 Coeur d'Alene Mines Corp Idaho COM 192108504 756 31300 SH Sole 31300 Cooper Tire & Rubber Co COM 216831107 5548 395991 SH Sole 395991 CSX Corp COM 126408103 9183 436050 SH Sole 436050 Darden Restaurants Inc COM 237194105 10848 238000 SH Sole 238000 Data I/O Corp. COM 237690102 94 25000 SH Sole 25000 Delta Air Lines Inc COM 247361702 8018 991040 SH Sole 991040 Dennys Corp COM 24869p104 4678 1244261 SH Sole 1244261 Dole Food Co Inc COM 256603101 384 44350 SH Sole 44350 Eaton Corp COM 278058102 986 22650 SH Sole 22650 Empire District Electric Co COM 291641108 1628 77175 SH Sole 77175 Everest RE Group Ltd COM g3223r108 13595 161675 SH Sole 161675 Fifth Third Bancorp COM 316773100 11537 906999 SH Sole 906999 Ford Motor Co COM 345370860 26261 2440625 SH Sole 2440625 General Electric Co COM 369604103 19302 1077700 SH Sole 1077700 Government Properties Income T COM 38376a103 9863 437363 SH Sole 437363 Health Mgmt Assoc Inc Cl A COM 421933102 6174 837700 SH Sole 837700 Hess Corp COM 42809h107 11950 210386 SH Sole 210386 International Business Machine COM 459200101 501 2726 SH Sole 2726 Jabil Ciruit Inc. COM 466313103 1180 60000 SH Sole 60000 Janus Cap Group Inc COM 47102x105 2188 346700 SH Sole 346700 KeyCorp COM 493267108 6520 847900 SH Sole 847900 Kroger Co COM 501044101 9317 384700 SH Sole 384700 Lear Corp COM 521865204 3895 97875 SH Sole 97875 Lennar Corp Cl A COM 526057104 2034 103500 SH Sole 103500 Lexington Realty Trust REIT 529043101 20318 2712754 SH Sole 2712754 Life Technologies Corp COM 53217v109 4173 107250 SH Sole 107250 Macys Inc COM 55616p104 8420 261653 SH Sole 261653 Masco Corp COM 574599106 1873 178703 SH Sole 178703 Miscor Group Ltd COM 60477p201 3 10572 SH Sole 10572 Mylan Inc COM 628530107 20551 957647 SH Sole 957647 Noble Corp. COM H5833N103 840 27800 SH Sole 27800 Owens Corning New COM 690742101 16787 584519 SH Sole 584519 Pfizer Inc COM 717081103 25207 1164842 SH Sole 1164842 RF Micro Devices Inc COM 749941100 20054 3713650 SH Sole 3713650 Schwab Charles Corp COM 808513105 7271 645700 SH Sole 645700 SPDR Gold Shares ETF 78453v107 15516 102086 SH Sole 102086 SunTrust Banks Inc COM 867914103 3772 213100 SH Sole 213100 Symetra Financial Corp COM 87151q106 1388 153000 SH Sole 153000 Te Connectivity Ltd Reg COM h84989104 3195 103700 SH Sole 103700 TECO Energy Inc COM 872375100 12829 670250 SH Sole 670250 TII Network Technologies Inc COM 872479209 15 10000 SH Sole 10000 Tutor Perini Corp COM 901109108 4303 348712 SH Sole 348712 Uranium Energy Corp. COM 916896103 274 89667 SH Sole 89667 Validus Holdings Ltd. COM G9319H102 1575 50000 SH Sole 50000 Verizon Communications Inc COM 92343v104 1054 26263 SH Sole 26263 Wal Mart Stores Inc COM 931142103 5032 84207 SH Sole 84207 Weatherford International Ltd COM h27013103 1359 92800 SH Sole 92800 Western Union Co COM 959802109 17416 953765 SH Sole 953765 XL Group PLC COM g98290102 21100 1067250 SH Sole 1067250 Zions Bancorporation COM 989701107 1203 73900 SH Sole 73900 REPORT SUMMARY 64 DATA RECORDS 468763 0 OTHER MANAGERS ON WHOSE BEHALF REPORT IS FILED