13F-HR 1 d13fhr.txt FORM 13F HOLDINGS REPORT UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 13F FORM 13F COVER PAGE Report for the Calendar Year or Quarter Ended: December 31, 2004 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: Andover Capital Advisors LP Address: 300 Brickstone Square Suite 1004 Andover, Massachusetts 01810 Form 13F File Number: 28- 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: G. Brian Kobelski Title: Chief Financial Officer Phone: 978-623-3512 Signature, Place, and Date of Signing: /s/ G. Brian Kobelski Andover, Massachusetts February 11, 2005 ------------------------ ---------------------- ----------------- [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: 69 Form 13F Information Table Value Total: $190,241 (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 Andover Capital Advisors LP 13F SEC Appraisal 12/31/2004

Nevada Gold & Casinos Inc Common Stock 64126Q206 1,457,900 119,500 X X Nextel Communications Inc Common Stock 65332V103 3,001,000 100,000 X X OM Group Inc Common Stock 670872100 7,294,500 225,000 X X Owens Ill Inc Com New 690768403 3,171,000 140,000 X X Plains Expl & Prodtn Co Common Stock 726505100 390,000 15,000 X X PolyOne Corp Common Stock 73179P106 2,851,182 314,700 X X Pride International Inc Del Common Stock 74153Q102 1,745,900 85,000 X X Qwest Communications Intl In Common Stock 749121109 710,400 160,000 X X Revlon Inc CLA 761525500 3,808,110 1,655,700 X X Rhodia Sponsored ADR 762397107 1,890,000 700,000 X X STATS ChipPAC Ltd Sponsored ADR 85771T104 4,628,150 755,000 X X Sierra Pacific Resources Com New 826428104 1,890,000 180,000 X X Sinclair Broadcast Group Inc CLA 829226109 2,763,000 300,000 X X Staar Surgical Co Com Par $0.01 852312305 3,714,975 592,500 X X TECO Energy Inc Common Stock 872375100 2,532,750 165,000 X X Timberland Co CLA 887100105 1,096,725 17,500 X X USA Mobility Inc Common Stock 90341G103 3,740,353 105,929 X X Westlake Chem Corp Common Stock 960413102 1,002,000 30,000 X X Williams Cos Inc Del Common Stock 969457100 7,988,616 490,400 X X Wilsons The Leather Experts Common Stock 972463103 97,500 25,000 X X Texas Petrochemical Inc Common Stock 88265P208 327,500 25,000 X X Texas Petrochemicals LP Note 7.25% 4/3 882651AB8 424,531 275,000 X X Hilton Hotels Corp Call 432848909 70,000 1,000 X X Williams Cos Inc Call 969457100 5,780 578 X X Williams Cos Inc Call 969457100 15,000 500 X X Ishares Tr Put 464287630 360,000 500 X X Ishares Tr Put 464287630 145,000 250 X X ----------- 190,241,070 ----------- Total PortFolio 190,241,070 ===========

Andover Capital Advisors LP 13F-HR