13F-HR 1 d254246d13fhr.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, 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: Marketfield Asset Management, LLC Address: 292 Madison Avenue, 14th Floor New York, New York 10017 Form 13F File Number: 28-13651 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: Michael C. Aronstein Title: President Phone: 212-514-2357 Signature, Place, and Date of Signing: /s/ Michael C. Aronstein New York, New York November 14, 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: 54 Form 13F Information Table Value Total: $712,639 (thousands) List of Other Included Managers: NONE FORM 13F INFORMATION TABLE

OLD DOMINION FGHT LINES INC COM 679580100 11284 389500 SH Sole 389500 POWERSHARES QQQ TRUST UNIT SER 1 73935A104 2992 57000 SH CALL Sole 57000 POWERSHARES QQQ TRUST UNIT SER 1 73935A104 525 10000 SH CALL Sole 10000 PRECISION CASTPARTS CORP COM 740189105 11893 76500 SH Sole 76500 PRICELINE COM INC COM NEW 741503403 18877 42000 SH Sole 42000 RAYONIER INC COM 754907103 10743 292000 SH Sole 292000 ROSS STORES INC COM 778296103 16997 216000 SH Sole 216000 SCHLUMBERGER LTD COM 806857108 10990 184000 SH Sole 184000 SPDR SERIES TRUST S&P RETAIL ETF 78464A714 19597 424000 SH Sole 424000 TERADATA CORP DEL COM 88076W103 18789 351000 SH Sole 351000 TJX COS INC NEW COM 872540109 17612 319000 SH Sole 319000 TOLL BROTHERS INC COM 889478103 10022 694500 SH Sole 694500 TRACTOR SUPPLY CO COM 892356106 16289 260500 SH Sole 260500 UNION PAC CORP COM 907818108 17151 210000 SH Sole 210000 WHOLE FOODS MKT INC COM 966837106 15805 242000 SH Sole 242000 ZILLOW INC CL A 98954A107 5426 198400 SH Sole 198400

Marketfield Asset Management, LLC 13F-HR