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: Proxima Capital Management, LLC
Address: 845 Third Avenue, 21st Floor
New York, New York 10022
13F File Number: 028-13766
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: Youlia Miteva
Title: Managing Member
Phone: (212) 897-5710
Signature, Place and Date of Signing:
/s/ Youlia Miteva New York, New York 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: 0
Form 13F Information Table Entry Total: 44
Form 13F Information Table Value Total: $421,235
(thousands)
List of Other Included Managers: None
FORM 13F INFORMATION TABLE
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
TITLE VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER OF CLASS CUSIP (X$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
-------------- --------- ------ --------- ----------------- ----------- --------- ----- ------------
ALERE INC COM 01449J105 8,681 340,039 SH SOLE NONE 340,039
AMERICAN INTL GROUP INC COM NEW 026874784 4,658 120,000 SH SOLE NONE 120,000
AUXILIUM PHARMACEUTICALS INC COM 05334D107 6,150 355,722 SH SOLE NONE 355,722
BABCOCK & WILCOX CO NEW COM 05615F102 18,339 645,500 SH SOLE NONE 645,500
BANKRATE INC DEL COM 06647F102 4,478 375,000 SH SOLE NONE 375,000
BLUCORA INC COM 095229100 8,322 537,613 SH SOLE NONE 537,613
BOISE CASCADE CO DEL COM 09739D100 11,879 350,000 SH SOLE NONE 350,000
BRUNSWICK CORP COM 117043109 6,375 186,300 SH SOLE NONE 186,300
CALLAWAY GOLF CO COM 131193104 5,230 790,022 SH SOLE NONE 790,022
COMVERSE INC COM 20585P105 5,972 212,979 SH SOLE NONE 212,979
COWEN GROUP INC NEW CL A 223622101 311 110,323 SH SOLE NONE 110,323
DEMAND MEDIA INC COM 24802N109 1,887 218,692 SH SOLE NONE 218,692
DOLE FOOD CO INC NEW COM 256603101 5,507 505,198 SH SOLE NONE 505,198
E TRADE FINANCIAL CORP COM NEW 269246401 10,442 975,000 SH SOLE NONE 975,000
EMULEX CORP COM NEW 292475209 11,283 1,727,909 SH SOLE NONE 1,727,909
FOREST OIL CORP COM PAR $0.01 346091705 5,497 1,045,000 SH SOLE NONE 1,045,000
FORMFACTOR INC COM 346375108 4,335 922,376 SH SOLE NONE 922,376
GENERAL MTRS CO COM 37045V100 8,207 295,000 SH SOLE NONE 295,000
HEWLETT PACKARD CO COM 428236103 2,622 110,000 SH SOLE NONE 110,000
INTERDIGITAL INC COM 45867G101 8,138 170,000 SH SOLE NONE 170,000
INTERMUNE INC COM 45884X103 2,881 318,315 SH SOLE NONE 318,315
ISHARES TR RUSSELL 2000 464287655 41,549 440,000 PUT SOLE NONE 440,000
KNIGHT CAP GROUP INC NOTE 3.500% 3/1 499005AE6 1,489 1,500,000 PRN SOLE NONE 1,500,000
MARSH & MCLENNAN COS INC COM 571748102 8,903 234,478 SH SOLE NONE 234,478
MCGRAW HILL COS INC COM 580645109 9,895 190,000 SH SOLE NONE 190,000
MEMC ELECTR MATLS INC COM 552715104 10,608 2,410,900 SH SOLE NONE 2,410,900
MICRON TECHNOLOGY INC COM 595112103 5,237 525,000 SH SOLE NONE 525,000
NRG ENERGY INC COM NEW 629377508 6,040 228,000 SH SOLE NONE 228,000
NXP SEMICONDUCTORS N V COM N6596X109 20,734 684,512 SH SOLE NONE 684,512
OIL STS INTL INC COM 678026105 19,577 240,000 SH SOLE NONE 240,000
PENNEY J C INC COM 708160106 2,584 171,000 SH SOLE NONE 171,000
ROCK-TENN CO CL A 772739207 13,919 150,000 SH SOLE NONE 150,000
SANDISK CORP COM 80004C101 14,740 268,200 SH SOLE NONE 268,200
SPIRIT AEROSYSTEMS HLDGS INC COM CL A 848574109 13,122 691,000 SH SOLE NONE 691,000
STMICROELECTRONICS N V NY REGISTRY 861012102 13,878 1,800,018 SH SOLE NONE 1,800,018
TOWER GROUP INTL LTD COM G8988C105 19,385 1,050,659 SH SOLE NONE 1,050,659
TRANSOCEAN LTD REG SHS H8817H100 12,024 231,400 SH SOLE NONE 231,400
U S AIRWAYS GROUP INC COM 90341W108 11,709 690,000 SH SOLE NONE 690,000
USEC INC COM 90333E108 241 650,000 SH SOLE NONE 650,000
VERINT SYS INC COM 92343X100 4,666 127,655 SH SOLE NONE 127,655
WARNER CHILCOTT PLC IRELAND SHS A G94368100 5,948 439,000 SH SOLE NONE 439,000
XEROX CORP COM 984121103 36,407 4,233,325 SH SOLE NONE 4,233,325
XYLEM INC COM 98419M100 5,693 206,578 SH SOLE NONE 206,578
YPF SOCIEDAD ANONIMA SPON ADR CL D 984245100 1,693 118,500 SH SOLE NONE 118,500
SK 25730 0003 1382091