13F-HR 1 c05034e13fvhr.txt 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 June 30, 2010 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: WS Capital Management, L.P. Address: 300 Crescent Court, Suite 1111 Dallas, Texas 75201 Form 13F File Number: 28-10349 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: Reid S. Walker Contact Person: Joseph I. Worsham, II Title: Member of WS Capital, L.L.C., general partner of WS Capital Management, L.P. Phone: (214) 756-6056 Signature, Place and Date of Signing: /s/ Reid S. Walker Dallas, Texas August 16, 2010 ------------------------------------- ---------------------- --------------- (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: 80 Form 13F Information Table Value Total: $724,122 (in 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

ENERGY PARTNERS LTD COM NEW 29270U303 3,663 300,000 SH SOLE -- 300,000 0 0 ERESEARCHTECHNOLOGY INC COM 29481V108 7,492 950,700 SH SOLE -- 950,700 0 0 FIRST ACCEPTANCE CORP COM 318457108 1,987 1,161,918 SH SOLE -- 1,161,918 0 0 FIRST CALIFORNIA FINANCIAL G COM NEW 319395109 807 300,000 SH SOLE -- 300,000 0 0 FIRST MIDWEST BANCORP DEL COM 320867104 3,040 250,000 SH SOLE -- 250,000 0 0 FOREST OIL CORP COM PAR $0.01 346091705 16,826 615,000 SH SOLE -- 615,000 0 0 FREEPORT-MCMORAN COPPER & GO COM 35671D857 5,913 100,000 SH PUT SOLE -- 100,000 0 0 FUEL SYS SOLUTIONS INC COM 35952W103 2,725 105,000 SH SOLE -- 105,000 0 0 GAMESTOP CORP NEW CL A 36467W109 18,790 1,000,000 SH CALL SOLE -- -- -- -- GASTAR EXPL LTD COM NEW 367299203 3,610 1,000,000 SH SOLE -- 1,000,000 0 0 GRAFTECH INTL LTD COM 384313102 21,930 1,500,000 SH SOLE -- 1,500,000 0 0 GREEN MTN COFFEE ROASTERS IN COM 393122106 2,313 90,000 SH PUT SOLE -- 90,000 0 0 GREIF INC CL A 397624107 41,699 750,800 SH SOLE -- 750,800 0 0 HAYNES INTERNATIONAL INC COM NEW 420877201 6,949 225,383 SH SOLE -- 225,383 0 0 HECKMANN CORP COM 422680108 6,078 1,310,000 SH SOLE -- 1,310,000 0 0 HECKMANN CORP *W EXP 11/09/201 422680116 514 1,196,100 SH SOLE -- 1,196,100 0 0 HERTZ GLOBAL HOLDINGS INC COM 42805T105 15,773 1,667,300 SH SOLE -- 1,667,300 0 0 HFF INC CL A 40418F108 9,260 1,309,800 SH SOLE -- 1,309,800 0 0 HILLTOP HOLDINGS INC COM 432748101 3,438 343,500 SH SOLE -- 343,500 0 0 HOLLY CORP COM PAR $0.01 435758305 12,256 461,100 SH SOLE -- 461,100 0 0 INTERFACE INC CL A 458665106 904 84,200 SH SOLE -- 84,200 0 0 ITT EDUCATIONAL SERVICES INC COM 45068B109 24,906 300,000 SH PUT SOLE -- 300,000 0 0 JARDEN CORP COM 471109108 2,687 100,000 SH SOLE -- 100,000 0 0 KINETIC CONCEPTS INC COM NEW 49460W208 2,446 67,000 SH SOLE -- 67,000 0 0 LIVE NATION ENTERTAINMENT IN COM 538034109 4,232 405,000 SH SOLE -- 405,000 0 0 MATTEL INC COM 577081102 6,517 308,000 SH SOLE -- 308,000 0 0 MEDCATH CORP COM 58404W109 8,057 1,025,000 SH SOLE -- 1,025,000 0 0 MOLSON COORS BREWING CO CL B 60871R209 16,012 378,000 SH SOLE -- 378,000 0 0 MEDIFAST INC COM 58470H101 3,627 140,000 SH SOLE -- 140,000 0 0 MYRIAD PHARMACEUTICALS INC COM 62856H107 1,805 480,000 SH SOLE -- 480,000 0 0 NCR CORP NEW COM 62886E108 12,279 1,013,100 SH SOLE -- 1,013,100 0 0 NORTHERN DYNASTY MINERALS LT COM NEW 66510M204 13,587 2,100,000 SH SOLE -- 2,100,000 0 0 NRG ENERGY INC COM NEW 629377508 2,524 119,000 SH SOLE -- 119,000 0 0 NUVASIVE INC COM 670704105 12,744 359,400 SH SOLE -- 359,400 0 0 OCWEN FINL CORP COM NEW 675746309 5,029 493,500 SH SOLE -- 493,500 0 0 PAETEC HOLDING CORP COM 695459107 1,260 369,600 SH SOLE -- 369,600 0 0 PETROLEO BRASILEIRO SA PETRO SPONSORED ADR 71654V408 10,296 300,000 SH PUT SOLE -- 300,000 0 0 PETROLEUM DEV CORP COM 716578109 9,736 380,000 SH SOLE -- 380,000 0 0 PROSHARES TR REAL EST NEW 74347X583 1,636 56,000 SH SOLE -- 56,000 0 0 RASER TECHNOLOGIES INC COM 754055101 94 161,512 SH SOLE -- 161,512 0 0

SEASPAN CORP SHS Y75638109 11,216 1,121,600 SH SOLE -- 1,121,600 0 0 TENET HEALTHCARE CORP COM 88033G100 15,624 3,600,000 SH SOLE -- 3,600,000 0 0 TESORO CORP COM 881609101 2,626 225,000 SH SOLE -- 225,000 0 0 TOMOTHERAPY INC COM 890088107 1,352 425,000 SH SOLE -- 425,000 0 0 TRANSATLANTIC PETROLEUM LTD SHS G89982105 3,091 975,000 SH SOLE -- 975,000 0 0 TUESDAY MORNING CORP COM NEW 899035505 2,394 600,000 SH SOLE -- 600,000 0 0 UNISYS CORP COM NEW 909214306 12,148 657,000 SH SOLE -- 657,000 0 0 UNISYS CORP COM NEW 909214306 9,245 500,000 SH CALL SOLE -- -- -- -- VALERO ENERGY CORP NEW COM 91913Y100 8,990 500,000 SH SOLE -- 500,000 0 0 WASTE CONNECTIONS INC COM 941053100 35,244 1,010,142 SH SOLE -- 1,010,142 0 0

WS CAPITAL MANAGEMENT LP 13F-HR