13F-HR 1 c08500e13fvhr.txt FORM 13F UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 13F Form 13F Cover Page Report for the Calendar Year or Quarter Ended September 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 November 15, 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: $752,131 (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

FOREST OIL CORP COM PAR $0.01 346091705 18,711 630,000 SH SOLE -- 630,000 0 0 FRONTIER OIL CORP COM 35914P105 6,700 500,000 SH SOLE -- 500,000 0 0 FUEL SYS SOLUTIONS INC COM 35952W103 4,107 105,000 SH SOLE -- 105,000 0 0 GAMESTOP CORP NEW CL A 36467W109 2,464 125,000 SH SOLE -- 125,000 0 0 GAMESTOP CORP NEW CL A 36467W109 13,797 700,000 SH CALL SOLE -- -- -- -- GEOKINETICS INC COM PAR $0.01 372910307 1,302 210,000 SH SOLE -- 210,000 0 0 GLOBAL CASH ACCESS HLDGS INC COM 378967103 490 120,000 SH SOLE -- 120,000 0 0 GMX RES INC COM 38011M108 486 100,000 SH SOLE -- 100,000 0 0 GRAFTECH INTL LTD COM 384313102 19,225 1,230,000 SH SOLE -- 1,230,000 0 0 GREIF INC CL A 397624107 38,246 650,000 SH SOLE -- 650,000 0 0 HECKMANN CORP COM 422680108 5,109 1,310,000 SH SOLE -- 1,310,000 0 0 HECKMANN CORP *W EXP 11/09/201 422680116 227 1,196,100 SH SOLE -- 1,196,100 0 0 HEELYS INC COM 42279M107 1,777 740,410 SH SOLE -- 740,410 0 0 HERTZ GLOBAL HOLDINGS INC COM 42805T105 21,180 2,000,000 SH SOLE -- 2,000,000 0 0 HERTZ GLOBAL HOLDINGS INC COM 42805T105 4,766 450,000 SH CALL SOLE -- -- -- -- HFF INC CL A 40418F108 14,384 1,550,000 SH SOLE -- 1,550,000 0 0 HILLTOP HOLDINGS INC COM 432748101 3,291 343,500 SH SOLE -- 343,500 0 0 HOLLY CORP COM PAR $0.01 435758305 13,257 461,100 SH SOLE -- 461,100 0 0 ITT EDUCATIONAL SERVICES INC COM 45068B109 3,514 50,000 SH PUT SOLE -- 50,000 0 0 LIBERTY MEDIA CORP NEW LIB STAR COM A 53071M708 6,168 95,000 SH SOLE -- 95,000 0 0 LIVE NATION ENTERTAINMENT IN COM 538034109 7,311 740,000 SH SOLE -- 740,000 0 0 MATTEL INC COM 577081102 12,270 523,000 SH SOLE -- 523,000 0 0 MEDCATH CORP COM 58404W109 13,364 1,327,100 SH SOLE -- 1,327,100 0 0 MEDIFAST INC COM 58470H101 3,798 140,000 SH SOLE -- 140,000 0 0 MOLSON COORS BREWING CO CL B 60871R209 21,957 465,000 SH SOLE -- 465,000 0 0 MYREXIS INC COM 62856H107 1,853 480,000 SH SOLE -- 480,000 0 0 NCR CORP NEW COM 62886E108 23,853 1,750,000 SH SOLE -- 1,750,000 0 0 NORTHERN DYNASTY MINERALS LT COM NEW 66510M204 17,871 2,100,000 SH SOLE -- 2,100,000 0 0 NUVASIVE INC COM 670704105 11,048 314,400 SH SOLE -- 314,400 0 0 OASIS PETE INC NEW COM 674215108 1,743 90,000 SH SOLE -- 90,000 0 0 OCWEN FINL CORP COM NEW 675746309 10,343 1,020,000 SH SOLE -- 1,020,000 0 0 P F CHANGS CHINA BISTRO INC COM 69333Y108 8,316 180,000 SH SOLE -- 180,000 0 0 PETROLEUM DEV CORP COM 716578109 9,053 328,000 SH SOLE -- 328,000 0 0 QEP RES INC COM 74733V100 1,808 60,000 SH SOLE -- 60,000 0 0 RASER TECHNOLOGIES INC COM 754055101 38 161,512 SH SOLE -- 161,512 0 0 REGIS CORP MINN COM 758932107 6,313 330,000 SH SOLE -- 330,000 0 0 REPUBLIC SVCS INC COM 760759100 10,672 350,000 SH SOLE -- 350,000 0 0 RETAIL VENTURES INC COM 76128Y102 3,228 300,000 SH SOLE -- 300,000 0 0 ROCK-TENN CO CL A 772739207 8,617 173,000 SH SOLE -- 173,000 0 0 SEASPAN CORP SHS Y75638109 15,622 1,266,000 SH SOLE -- 1,266,000 0 0

STRAYER ED INC COM 863236105 6,806 39,000 SH SOLE -- 39,000 0 0 TENET HEALTHCARE CORP COM 88033G100 23,600 5,000,000 SH SOLE -- 5,000,000 0 0 TPC GROUP INC COM 89236Y104 3,573 150,000 SH SOLE -- 150,000 0 0 TRANSATLANTIC PETROLEUM LTD SHS G89982105 2,886 975,000 SH SOLE -- 975,000 0 0 TUESDAY MORNING CORP SHS 899035505 2,862 600,000 SH SOLE -- 600,000 0 0 UNISYS CORP COM NEW 909214306 20,925 750,000 SH SOLE -- 750,000 0 0 UNISYS CORP COM NEW 909214306 15,903 570,000 SH CALL SOLE -- -- -- -- VERMILLION INC COM NEW 92407M206 2,208 400,000 SH SOLE -- 400,000 0 0 WASTE CONNECTIONS INC COM 941053100 27,133 684,142 SH SOLE -- 684,142 0 0 WELLCARE HEALTH PLANS INC COM 94946T106 5,213 180,000 SH SOLE -- 180,000 0 0

WS CAPITAL MANAGEMENT LP 13F-HR