0001062993-13-002588.txt : 20130515
0001062993-13-002588.hdr.sgml : 20130515
20130515160313
ACCESSION NUMBER: 0001062993-13-002588
CONFORMED SUBMISSION TYPE: 13F-HR
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20130331
FILED AS OF DATE: 20130515
DATE AS OF CHANGE: 20130515
EFFECTIVENESS DATE: 20130515
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: 13846909
BUSINESS ADDRESS:
STREET 1: 401 BAY STREET
STREET 2: SUITE 1900, P.O. BOX 19
CITY: TORONTO
STATE: A6
ZIP: M5H 2Y4
BUSINESS PHONE: 416-367-4364
MAIL ADDRESS:
STREET 1: 401 BAY STREET
STREET 2: SUITE 1900, P.O. BOX 19
CITY: TORONTO
STATE: A6
ZIP: M5H 2Y4
13F-HR
1
form13fhr.txt
FORM 13F-HR
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: 03-31-2013
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 401 Bay Street, Suite 1900, PO Box 19
Toronto ONTARIO, CANADA
M5H 2Y4
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 this 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 04-30-2013
------------------ ----------------------- ----------
[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).)
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 137
Form 13F Information Table Value Total: 1,899,915 (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
COL 1 COL 2 COL 3 COL 4 COL 5 COL 6 COL 7 COL 8
US $ SHARES
VALUE OR SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
------------------------------ ---------------- --------- -------- --------- --- ---- ------- ---------- --------- -------- --------
ALCATEL-LUCENT SPONSORED ADR 013904305 4091 3075600 SH SOLE 3075600 0 0
ALLIANCE DATA SYSTEMS CORP NOTE 4.750% 5/1 018581AC2 205086 60000000 PRN SOLE 0 0 0
ALLSTATE CORP COM 020002101 9814 200000 SH PUT SOLE 0 0 0
ALTRA HOLDINGS INC NOTE 2.750% 3/0 02208RAE6 6005 5000000 PRN SOLE 0 0 0
AMGEN INC COM 031162100 8549 83400 SH PUT SOLE 0 0 0
ANDINA ACQUISITION CORP COM G0440W100 5135 515000 SH SOLE 515000 0 0
ANDINA ACQUISITION CORP *W EXP 99/99/999 G0440W126 61 350000 SH SOLE 350000 0 0
APACHE CORP COM 037411105 17255 223620 SH SOLE 223620 0 0
ARMOUR RESIDENTIAL REIT INC *W EXP 11/07/201 042315119 8 305800 SH SOLE 305800 0 0
ASHLAND INC NEW COM 044209104 17602 236901 SH SOLE 236901 0 0
AURIZON MINES LTD COM 05155P106 1195 271000 SH SOLE 271000 0 0
BANKUNITED INC COM 06652K103 5380 210000 SH SOLE 210000 0 0
BCE INC COM NEW 05534B760 20905 447734 SH SOLE 447734 0 0
BELLATRIX EXPLORATION LTD COM 078314101 16075 2500000 SH SOLE 2500000 0 0
BGS ACQUISITION CORP SH G1082J100 5302 530200 SH SOLE 530200 0 0
BIO RAD LABS INC CL A 090572207 7098 56331 SH SOLE 56331 0 0
BLUE WOLF MONGOLIA HOLDINGS SHS G11962100 9944 999400 SH SOLE 999400 0 0
BLUE WOLF MONGOLIA HOLDINGS *W EXP 07/20/201 G11962118 38 168700 SH SOLE 168700 0 0
BOTTOMLINE TECH DEL INC NOTE 1.500%12/0 101388AA4 5881 5000000 PRN SOLE 0 0 0
BROADCOM CORP CL A 111320107 12568 362396 SH SOLE 362396 0 0
BROOKFIELD OFFICE PPTYS INC COM 112900105 603 35100 SH SOLE 35100 0 0
BROOKFIELD RESIDENTIAL PPTYS COM 11283W104 15146 622252 SH SOLE 622252 0 0
BRUKER CORP COM 116794108 11552 604808 SH SOLE 604808 0 0
C H ROBINSON WORLDWIDE INC COM NEW 12541W209 16982 285600 SH SOLE 285600 0 0
CADENCE DESIGN SYSTEM INC NOTE 2.625% 6/0 127387AJ7 18789 10000000 PRN SOLE 0 0 0
CAMBREX CORP COM 132011107 4960 387800 SH SOLE 387800 0 0
CANADIAN NAT RES LTD COM 136385101 8257 257000 SH SOLE 257000 0 0
CARMIKE CINEMAS INC COM 143436400 10444 576360 SH SOLE 576360 0 0
CATAMARAN CORP COM 148887102 13238 249623 SH SOLE 249623 0 0
CHART INDS INC NOTE 2.000% 8/0 16115QAC4 20330 15000000 PRN SOLE 0 0 0
CHINA METRO-RURAL HLDGS LTD SHS G3163G104 134 103000 SH SOLE 103000 0 0
COINSTAR INC NOTE 4.000% 9/0 19259PAF9 14485 10000000 PRN SOLE 0 0 0
COLLABRIUM JAPAN ACQUISITN C SHS G2266G102 7000 700000 SH SOLE 700000 0 0
COLLABRIUM JAPAN ACQUISITN C *W EXP 99/99/999 G2266G110 280 691558 SH SOLE 691558 0 0
COMMERCIAL VEH GROUP INC COM 202608105 4097 525300 SH SOLE 525300 0 0
CONMED CORP COM 207410101 5276 154900 SH SOLE 154900 0 0
COOPER COS INC COM NEW 216648402 11148 103341 SH SOLE 103341 0 0
CORPORATE EXECUTIVE BRD CO COM 21988R102 24360 418839 SH SOLE 418839 0 0
CUBIST PHARMACEUTICALS INC NOTE 2.500%11/0 229678AD9 68280 40000000 PRN SOLE 0 0 0
DEL FRISCOS RESTAURANT GROUP COM 245077102 12639 761383 SH SOLE 761383 0 0
DISCOVER FINL SVCS COM 254709108 8968 200000 SH PUT SOLE 0 0 0
EBAY INC COM 278642103 10844 200000 SH PUT SOLE 0 0 0
ELECTRONICS FOR IMAGING INC COM 286082102 23916 943041 SH SOLE 943041 0 0
ENERGY XXI (BERMUDA) LTD USD UNRS SHS G10082140 6783 249200 SH SOLE 249200 0 0
ENTEGRIS INC COM 29362U104 3690 374288 SH SOLE 374288 0 0
EQUAL ENERGY LTD COM 29390Q109 308 80931 SH SOLE 80931 0 0
EQUIFAX INC COM 294429105 9785 169905 SH SOLE 169905 0 0
EQUINIX INC NOTE 3.000%10/1 29444UAG1 5064 2500000 PRN SOLE 0 0 0
EXFO INC SUB VTG SHS 302046107 10391 2041527 SH SOLE 2041527 0 0
EXTREME NETWORKS INC COM 30226D106 9471 2810516 SH SOLE 2810516 0 0
FACTSET RESH SYS INC COM 303075105 13728 148250 SH SOLE 148250 0 0
FIDELITY NATL INFORMATION SV COM 31620M106 28655 723242 SH SOLE 723242 0 0
FIRST MAJESTIC SILVER CORP COM 32076V103 16730 1034662 SH SOLE 1034662 0 0
FIRSTSERVICE CORP SDCV 6.500%12/3 33761NAA7 23705 19454000 PRN SOLE 0 0 0
FXCM INC COM CL A 302693106 9335 682400 SH SOLE 682400 0 0
GAP INC DEL COM 364760108 7080 200000 SH PUT SOLE 0 0 0
GILDAN ACTIVEWEAR INC COM 375916103 2674 67000 SH SOLE 67000 0 0
GILEAD SCIENCES INC NOTE 1.625% 5/0 375558AP8 32593 15000000 PRN SOLE 0 0 0
GROUPE CGI INC CL A SUB VTG 39945C109 38874 1431298 SH SOLE 1431298 0 0
GSI GROUP INC CDA NEW COM NEW 36191C205 10417 1221221 SH SOLE 1221221 0 0
HARLEY DAVIDSON INC COM 412822108 13378 251000 SH SOLE 251000 0 0
HEARTLAND PMT SYS INC COM 42235N108 18529 561996 SH SOLE 561996 0 0
HOLOGIC INC COM 436440101 6995 309500 SH SOLE 309500 0 0
HUDSON GLOBAL INC COM 443787106 4314 1094947 SH SOLE 1094947 0 0
HYDE PK ACQUISITION CORP II COM 448640102 5177 502650 SH SOLE 502650 0 0
ICG GROUP INC COM 44928D108 8751 701219 SH SOLE 701219 0 0
INFINITY CROSS BORDER ACQUIS SHS G4772R101 4120 528199 SH SOLE 528199 0 0
INPHI CORP COM 45772F107 9798 937654 SH SOLE 937654 0 0
INTERFACE INC COM 458665304 2873 149472 SH SOLE 149472 0 0
INTERNATIONAL GAME TECHNOLOG COM 459902102 13598 824100 SH SOLE 824100 0 0
ISHARES TR DJ HOME CONSTN 464288752 11348 475000 SH SOLE 475000 0 0
JARDEN CORP COM 471109108 12855 200000 SH PUT SOLE 0 0 0
KAR AUCTION SVCS INC COM 48238T109 13482 673100 SH SOLE 673100 0 0
KIRKLANDS INC COM 497498105 4959 432684 SH SOLE 432684 0 0
KNIGHT TRANSN INC COM 499064103 10455 649400 SH SOLE 649400 0 0
LSI CORPORATION COM 502161102 10703 1578600 SH SOLE 1578600 0 0
M/I HOMES INC NOTE 3.250% 9/1 55292PAA3 6281 5000000 PRN SOLE 0 0 0
MCMORAN EXPLORATION CO NOTE 4.000%12/3 582411AJ3 28905 25000000 PRN SOLE 0 0 0
MOLYCORP INC DEL NOTE 6.000% 9/0 608753AF6 8977 12500000 PRN SOLE 0 0 0
MOLYCORP INC DEL COM 608753109 851 163734 SH SOLE 163734 0 0
MOVE INC COM NEW 62458M207 23694 1982732 SH SOLE 1982732 0 0
MTS SYS CORP COM 553777103 2410 41444 SH SOLE 41444 0 0
NAUTILUS MARINE ACQUISIT COR *W EXP 06/17/201 Y6255E119 44 394800 SH SOLE 394800 0 0
NCI BUILDING SYS INC COM NEW 628852204 3575 205834 SH SOLE 205834 0 0
NEVADA GOLD & CASINOS INC COM NEW 64126Q206 162 148470 SH SOLE 148470 0 0
NEW GOLD INC CDA COM 644535106 13645 1499419 SH SOLE 1499419 0 0
NEWPORT CORP COM 651824104 27498 1625181 SH SOLE 1625181 0 0
NEWS CORP CL B 65248E203 6152 200000 SH PUT SOLE 0 0 0
NXP SEMICONDUCTORS N V COM N6596X109 9469 312600 SH SOLE 312600 0 0
OPEN TEXT CORP COM 683715106 36265 614446 SH SOLE 614446 0 0
OWENS ILL INC COM NEW 690768403 20787 780000 SH SOLE 780000 0 0
PAPA JOHNS INTL INC COM 698813102 1700 27505 SH SOLE 27505 0 0
PEMBINA PIPELINE CORP COM 706327103 825 26100 SH CALL SOLE 0 0 0
PENTAIR LTD SHS H6169Q108 8957 169800 SH SOLE 169800 0 0
PRIME ACQUISITION CORP SHS G72436101 4890 488000 SH SOLE 488000 0 0
QUANEX BUILDING PRODUCTS COR COM 747619104 3749 232862 SH SOLE 232862 0 0
RALPH LAUREN CORP CL A 751212101 9820 58000 SH SOLE 58000 0 0
RDA MICROELECTRONICS INC SPONSORED ADR 749394102 694 75000 SH SOLE 75000 0 0
RESPONSYS INC COM 761248103 11392 1287269 SH SOLE 1287269 0 0
ROBERT HALF INTL INC COM 770323103 19441 518000 SH SOLE 518000 0 0
ROI ACQUISITION CORP COM 74966A104 5448 550900 SH SOLE 550900 0 0
SAFE BULKERS INC COM Y7388L103 2170 437400 SH SOLE 437400 0 0
SCG FINL ACQUISITION CORP COM 78404K103 3493 351205 SH SOLE 351205 0 0
SCORPIO TANKERS INC SHS Y7542C106 10910 1223114 SH SOLE 1223114 0 0
SELECT COMFORT CORP COM 81616X103 6621 334900 SH SOLE 334900 0 0
SHAW COMMUNICATIONS INC CL B CONV 82028K200 4912 198700 SH SOLE 198700 0 0
SHFL ENTMT INC COM 78423R105 9448 570158 SH SOLE 570158 0 0
SKYWORKS SOLUTIONS INC COM 83088M102 9226 418900 SH SOLE 418900 0 0
SPDR GOLD TRUST GOLD SHS 78463V107 15447 100000 SH PUT SOLE 0 0 0
SPDR SERIES TRUST S&P REGL BKG 78464A698 24586 773400 SH SOLE 773400 0 0
SPRINT NEXTEL CORP COM SER 1 852061100 2221 357700 SH PUT SOLE 0 0 0
SPRINT NEXTEL CORP COM SER 1 852061100 1677 270100 SH SOLE 270100 0 0
SPRINT NEXTEL CORP COM SER 1 852061100 735 118300 SH CALL SOLE 0 0 0
SPROTT PHYSICAL GOLD TRUST UNIT 85207H104 8045 594614 SH SOLE 594614 0 0
SPROTT PHYSICAL SILVER TR TR UNIT 85207K107 5963 531898 SH SOLE 531898 0 0
STANLEY BLACK & DECKER INC COM 854502101 19514 241000 SH SOLE 241000 0 0
STILLWATER MNG CO NOTE 1.750%10/1 86074QAL6 10117 8500000 PRN SOLE 0 0 0
SUPERIOR ENERGY SVCS INC COM 868157108 9006 346800 SH SOLE 346800 0 0
SYNOPSYS INC COM 871607107 9849 274500 SH SOLE 274500 0 0
TAHOE RES INC COM 873868103 13207 750838 SH SOLE 750838 0 0
TELEFLEX INC NOTE 3.875% 8/0 879369AA4 14581 10000000 PRN SOLE 0 0 0
TIME WARNER INC COM NEW 887317303 11524 200000 SH PUT SOLE 0 0 0
TRIO MERGER CORP COM 896697109 7179 714700 SH SOLE 714700 0 0
TRW AUTOMOTIVE INC NOTE 3.500%12/0 87264MAH2 53953 28000000 PRN SOLE 0 0 0
TUESDAY MORNING CORP COM NEW 899035505 4304 554595 SH SOLE 554595 0 0
TURQUOISE HILL RES LTD COM 900435108 2465 387544 SH SOLE 387544 0 0
TYSON FOODS INC CL A 902494103 10171 409800 SH SOLE 409800 0 0
UAL CORP NOTE 6.000%10/1 902549AJ3 37263 10000000 PRN SOLE 0 0 0
VALEANT PHARMACEUTICALS INTL COM 91911K102 38275 510203 SH SOLE 510203 0 0
VERIFONE SYS INC COM 92342Y109 9997 483400 SH SOLE 483400 0 0
VIRGIN MEDIA INC NOTE 6.500%11/1 92769LAB7 170625 65000000 PRN SOLE 0 0 0
VIROPHARMA INC NOTE 2.000% 3/1 928241AH1 14925 10000000 PRN SOLE 0 0 0
VOLCANO CORPORATION NOTE 1.750%12/0 928645AB6 8874 9000000 PRN SOLE 0 0 0
WESCO INTL INC DBCV 6.000% 9/1 95082PAH8 15765 6000000 PRN SOLE 0 0 0
WEYERHAEUSER CO COM 962166104 6276 200000 SH PUT SOLE 0 0 0
XYLEM INC COM 98419M100 8756 317700 SH SOLE 317700 0 0
YAHOO INC COM 984332106 11866 504300 SH SOLE 504300 0 0