UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 13F FORM 13F Cover Page Report for the Calendar Year or Quarter Ended March 31, 2013 Check here if Amendment: |_|; Amendment Number: ____ This Amendment (Check only one): |_| is a restatement |_| adds new holding entries. Institutional Manager Filing this Report: Name: Arrow Capital Management, LLC Address: 499 Park Avenue New York, NY 10022 13F File Number: 028-12361 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: Amy Wolf Title: Chief Financial Officer Phone: (212) 243-7338 Signature, Place and Date of Signing: /s/ Amy Wolf New York, NY May 15, 2013 ------------------------- --------------------- ---------------------- [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 managers(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).) List of Other Managers Reporting for this Manager: NONE Form 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 2 Form 13F Information Table Entry Total: 31 Form 13F Information Table Value Total: $130,182 (in thousands) List of Other Included Managers: Form 13F File Number Name (1) 028-12362 Arrow Partners LP (2) 028-13388 Arrow Offshore, Ltd. -------------------------------------------------------------------------------- FORM 13F INFORMATION TABLE Arrow Capital Management, LLC March 31, 2013 COL 1 COL 2 COL 3 COL 4 COL 5 COL 6 COL 7 COL 8 TITLE VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY NAME OF ISSUER OF CLASS CUSIP (X$1000) PRN AMT PRN CALL DISCRETION MGRS SOLE SHARED NONE -------------- -------- ----- -------- ------- --- ---- ---------- ---- ---- ------ ---- BLOCK H & R INC COM 093671105 12,392 421,227 SH SHARED-DEFINED 1 421,227 BLOCK H & R INC COM 093671105 8,937 303,773 SH SHARED-DEFINED 2 303,773 BLOCK H & R INC COM 093671105 8,561 291,000 CALL SHARED-DEFINED 1 291,000 BLOCK H & R INC COM 093671105 6,149 209,000 CALL SHARED-DEFINED 2 209,000 BRIGHT HORIZONS FAM SOL IN D COM 109194100 57 1,700 SH SHARED-DEFINED 2 1,700 CARTER INC COM 146229109 16,851 294,235 SH SHARED-DEFINED 1 294,235 CARTER INC COM 146229109 11,893 207,665 SH SHARED-DEFINED 2 207,665 CHARTER COMMUNICATIONS INC D CL A NEW 16117M305 1,981 19,017 SH SHARED-DEFINED 1 19,017 CHARTER COMMUNICATIONS INC D CL A NEW 16117M305 1,405 13,483 SH SHARED-DEFINED 2 13,483 COLFAX CORP COM 194014106 1,486 31,936 SH SHARED-DEFINED 1 31,936 COLFAX CORP COM 194014106 1,073 23,064 SH SHARED-DEFINED 2 23,064 EQUINIX INC COM NEW 29444U502 4,406 20,371 SH SHARED-DEFINED 1 20,371 EQUINIX INC COM NEW 29444U502 3,164 14,629 SH SHARED-DEFINED 2 14,629 LIBERTY GLOBAL INC COM SER C 530555309 3,818 55,634 SH SHARED-DEFINED 1 55,634 LIBERTY GLOBAL INC COM SER C 530555309 2,702 39,366 SH SHARED-DEFINED 2 39,366 MASTERCARD INC CL A 57636Q104 5,905 10,913 SH SHARED-DEFINED 1 10,913 MASTERCARD INC CL A 57636Q104 4,153 7,674 SH SHARED-DEFINED 2 7,674 MONDELEZ INTL INC CL A 609207105 3,210 104,855 SH SHARED-DEFINED 1 104,855 MONDELEZ INTL INC CL A 609207105 2,301 75,145 SH SHARED-DEFINED 2 75,145 NCR CORP NEW COM 62886E108 1,616 58,640 SH SHARED-DEFINED 1 58,640 NCR CORP NEW COM 62886E108 1,140 41,360 SH SHARED-DEFINED 2 41,360 RESTORATION HARDWARE HLDGS I COM 761283100 132 3,760 SH SHARED-DEFINED 1 3,760 RESTORATION HARDWARE HLDGS I COM 761283100 96 2,744 SH SHARED-DEFINED 2 2,744 SIX FLAGS ENTMT CORP NEW COM 83001A102 5,241 72,315 SH SHARED-DEFINED 1 72,315 SIX FLAGS ENTMT CORP NEW COM 83001A102 3,819 52,685 SH SHARED-DEFINED 2 52,685 THE ADT CORPORATION COM 00101J106 6,876 140,507 SH SHARED-DEFINED 1 140,507 THE ADT CORPORATION COM 00101J106 4,869 99,493 SH SHARED-DEFINED 2 99,493 TRIPADVISOR INC COM 896945201 1,205 22,943 SH SHARED-DEFINED 1 22,943 TRIPADVISOR INC COM 896945201 855 16,287 SH SHARED-DEFINED 2 16,287 WISDOMTREE TRUST JAPN HEDGE EQT 97717W851 2,275 52,665 SH SHARED-DEFINED 1 52,665 WISDOMTREE TRUST JAPN HEDGE EQT 97717W851 1,612 37,335 SH SHARED-DEFINED 2 37,335 SK 21739 0002 1381748