13F-HR 1 c21457e13fvhr.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 June 30, 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: WS Capital Management, L.P. Address: 300 Crescent Court, Suite 1111 Dallas, Texas 75201 Form 13F File Number: 028-10349 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 15, 2011 ------------------------------ ------------------- -------------------- (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: 73 Form 13F Information Table Value Total: $995,820 (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

GRAN TIERRA ENERGY INC COM 38500T101 2,975 450,000 SH SOLE - 450,000 0 0 GREIF INC CL A 397624107 32,515 500,000 SH SOLE - 500,000 0 0 GROUP 1 AUTOMOTIVE INC COM 398905109 8,030 195,000 SH SOLE - 195,000 0 0 HECKMANN CORP COM 422680108 7,912 1,310,000 SH SOLE - 1,310,000 0 0 HECKMANN CORP *W EXP 11/09/201 422680116 526 1,196,100 SH SOLE - 1,196,100 0 0 HEELYS INC COM 42279M107 1,140 500,000 SH SOLE - 500,000 0 0 HERTZ GLOBAL HOLDINGS INC COM 42805T105 46,846 2,950,000 SH SOLE - 2,950,000 0 0 HFF INC CL A 40418F108 11,318 750,000 SH SOLE - 750,000 0 0 HILLTOP HOLDINGS INC COM 432748101 3,359 380,000 SH SOLE - 380,000 0 0 HOLLY CORP COM PAR $0.01 435758305 17,350 250,000 SH SOLE - 250,000 0 0 ITT EDUCATIONAL SERVICES INC COM 45068B109 3,912 50,000 SH PUT SOLE - 50,000 0 0 LIBERTY MEDIA CORP NEW LIB STAR COM A 53071M708 10,157 135,000 SH SOLE - 135,000 0 0 MARATHON OIL CORP COM 565849106 65,850 1,250,000 SH SOLE - 1,250,000 0 0 MARATHON OIL CORP COM 565849106 39,510 750,000 SH CALL SOLE - - - - MEDCATH CORP COM 58404W109 20,045 1,475,000 SH SOLE - 1,475,000 0 0 MOVE INC COM COM 62458M108 657 300,000 SH SOLE - 300,000 0 0 NCR CORP NEW COM 62886E108 37,780 2,000,000 SH SOLE - 2,000,000 0 0 NORTHERN DYNASTY MINERALS LT COM NEW 66510M204 13,635 1,350,000 SH SOLE - 1,350,000 0 0 NORTHERN DYNASTY MINERALS LT COM NEW 66510M204 5,050 500,000 SH CALL SOLE - - - - OIL STS INTL INC COM 678026105 11,587 145,000 SH SOLE - 145,000 0 0 OWENS ILL INC COM NEW 690768403 33,553 1,300,000 SH SOLE - 1,300,000 0 0 OWENS ILL INC COM NEW 690768403 5,162 200,000 SH CALL SOLE - - - - P F CHANGS CHINA BISTRO INC COM 69333Y108 11,267 280,000 SH SOLE - 280,000 0 0 PACWEST BANCORP DEL COM 695263103 5,143 250,000 SH SOLE - 250,000 0 0 PIONEER NAT RES CO COM 723787107 14,331 160,000 SH SOLE - 160,000 0 0 PIONEER NAT RES CO COM 723787107 7,166 80,000 SH CALL SOLE - - - - SEASPAN CORP SHS Y75638109 9,497 650,000 SH SOLE - 650,000 0 0 SHUFFLE MASTER INC COM 825549108 7,016 750,000 SH SOLE - 750,000 0 0 SODASTREAM INTERNATIONAL LTD USD SHS M9068E105 7,297 120,000 SH SOLE - 120,000 0 0 SPRINT NEXTEL CORP COM SER 1 852061100 20,482 3,800,000 SH SOLE - 3,800,000 0 0 ST JOE CO COM 790148100 938 45,000 SH SOLE - 45,000 0 0 STAGE STORES INC COM NEW 85254C305 2,856 170,000 SH SOLE - 170,000 0 0 STEPAN CO COM 858586100 11,699 165,000 SH SOLE - 165,000 0 0 STRAYER ED INC COM 863236105 13,397 106,000 SH SOLE - 106,000 0 0 SWS GROUP INC COM 78503N107 4,193 700,000 SH SOLE - 700,000 0 0 SOLUTIA INC COM NEW 834376501 5,713 250,000 SH SOLE - 250,000 0 0 TALBOTS INC COM 874161102 1,336 400,000 SH CALL SOLE - - - - TENET HEALTHCARE CORP COM 88033G100 40,186 6,440,000 SH SOLE - 6,440,000 0 0 THQ INC COM NEW 872443403 18,734 5,175,000 SH SOLE - 5,175,000 0 0 UNISYS CORP COM NEW 909214306 8,096 315,000 SH SOLE - 315,000 0 0 URANIUM RES INC COM PAR $0.001 916901507 3,340 2,000,000 SH SOLE - 2,000,000 0 0 WARNER CHILCOTT PLC IRELAND SHS A G94368100 16,891 700,000 SH SOLE - 700,000 0 0 WMS INDS INC COM 929297109 3,072 100,000 SH SOLE - 100,000 0 0

WS CAPITAL MANAGEMENT LP 13F-HR