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 holdings entries.

Institutional Investment Manager Filing this Report:

Name:    TSP Capital Management Group, LLC
Address: 382 Springfield Avenue
         Suite 500
         Summit, NJ  07901

13F File Number:  028-11167

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:      Thomas S. Paluck
Title:     President
Phone:     (908) 273-2105

Signature, Place, and Date of Signing:

 /s/     Thomas S. Paluck     Summit, NJ     May 13, 2013

Report Type (Check only one.):

[ X]         13F HOLDINGS REPORT.

[  ]         13F NOTICE.

[  ]         13F COMBINATION REPORT.



                              FORM 13F SUMMARY PAGE

Report Summary:

Number of Other Included Managers:         0

Form 13F Information Table Entry Total:    76

Form 13F Information Table Value Total:    $204,768 (thousands)

List of Other Included Managers:

Provide a numbered list of the name(s) and Form 13F file number(s) of all
institutional managers with respect to which this report is filed, other
than the manager filing this report.

NONE



                                    
                                                     FORM 13F INFORMATION TABLE
                                                             VALUE  SHARES/ SH/ PUT/ INVSTMT  OTHER            VOTING AUTHORITY
NAME OF ISSUER                 TITLE OF CLASS   CUSIP     (x$1000)  PRN AMT PRN CALL DSCRETN MANAGERS         SOLE   SHARED     NONE
------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
3M CO                          COM              88579Y101      308     2900 PRN      SOLE                     2900        0        0
ABBOTT LABS                    COM              002824100      321     9098 PRN      SOLE                     9098        0        0
ABBVIE INC                     COM              00287Y109      414    10148 PRN      SOLE                    10148        0        0
ALCOA INC                      COM              013817101      652    76475 PRN      SOLE                    76475        0        0
ALTRIA GROUP INC               COM              02209S103      224     6522 PRN      SOLE                     6522        0        0
ALUMINA LTD                    SPONSORED ADR    022205108      617   133900 PRN      SOLE                   133900        0        0
AMERICA MOVIL SAB DE CV        SPON ADR L SHS   02364W105     5504   262588 PRN      SOLE                   262588        0        0
AMERICAN WTR WKS CO INC NEW    COM              030420103     1772    42750 PRN      SOLE                    42750        0        0
AT&T INC                       COM              00206R102     1297    35339 PRN      SOLE                    35339        0        0
BABSON CAP CORPORATE INVS      COM              05617K109     2043   125058 PRN      SOLE                   125058        0        0
BABSON CAP PARTN INVS TR       SH BEN INT       05616B100     6030   420190 PRN      SOLE                   420190        0        0
BERKSHIRE HATHAWAY INC DEL     CL B NEW         084670702      327     3135 PRN      SOLE                     3135        0        0
BLOCK H & R INC                COM              093671105     4940   167925 PRN      SOLE                   167925        0        0
BOEING CO                      COM              097023105      398     4634 PRN      SOLE                     4634        0        0
BRISTOL MYERS SQUIBB CO        COM              110122108     4840   117495 PRN      SOLE                   117495        0        0
CELLDEX THERAPEUTICS INC NEW   COM              15117B103    14897  1286419 PRN      SOLE                  1286419        0        0
CHEMED CORP NEW                COM              16359R103    10213   127693 PRN      SOLE                   127693        0        0
CHEVRON CORP NEW               COM              166764100     2245    18896 PRN      SOLE                    18896        0        0
CISCO SYS INC                  COM              17275R102      492    23550 PRN      SOLE                    23550        0        0
CITIGROUP INC                  COM NEW          172967424      960    21700 PRN      SOLE                    21700        0        0
COCA COLA CO                   COM              191216100      377     9320 PRN      SOLE                     9320        0        0
COMCAST CORP NEW               CL A             20030N101    11213   267109 PRN      SOLE                   267109        0        0
COMCAST CORP NEW               CL A SPL         20030N200      471    11881 PRN      SOLE                    11881        0        0
COMPANHIA ENERGETICA DE MINA   SP ADR N-V PFD   204409601     6553   553000 PRN      SOLE                   553000        0        0
COMPANIA DE MINAS BUENAVENTU   SPONSORED ADR    204448104     6730   259243 PRN      SOLE                   259243        0        0
CONAGRA FOODS INC              COM              205887102     2081    58100 PRN      SOLE                    58100        0        0
DIRECTV                        COM              25490A309     2879    50881 PRN      SOLE                    50881        0        0
DISCOVERY COMMUNICATNS NEW     COM SER A        25470F104     8265   104963 PRN      SOLE                   104963        0        0
DISCOVERY COMMUNICATNS NEW     COM SER C        25470F302     3347    48131 PRN      SOLE                    48131        0        0
DU PONT E I DE NEMOURS & CO    COM              263534109     8558   174090 PRN      SOLE                   174090        0        0
DUKE ENERGY CORP NEW           COM NEW          26441C204     2643    36407 PRN      SOLE                    36407        0        0
EXETER RES CORP                COM              301835104     3557  2964000 PRN      SOLE                  2964000        0        0
EXXON MOBIL CORP               COM              30231G102     2228    24725 PRN      SOLE                    24725        0        0
FLUOR CORP NEW                 COM              343412102      295     4450 PRN      SOLE                     4450        0        0
GENERAL ELECTRIC CO            COM              369604103      508    21951 PRN      SOLE                    21951        0        0
HELMERICH & PAYNE INC          COM              423452101      886    14600 PRN      SOLE                    14600        0        0
HYDROGENICS CORP NEW           COM NEW          448883207      209    26704 PRN      SOLE                    26704        0        0
INTERNATIONAL BUSINESS MACHS   COM              459200101     1302     6105 PRN      SOLE                     6105        0        0
KAYNE ANDERSON ENERGY DEV CO   COM              48660Q102      225     8600 PRN      SOLE                     8600        0        0
KAYNE ANDERSON MLP INVSMNT C   COM              486606106     3787   109075 PRN      SOLE                   109075        0        0
KIMBERLY CLARK CORP            COM              494368103      206     2100 PRN      SOLE                     2100        0        0
LIBERTY GLOBAL INC             COM SER A        530555101     1819    24787 PRN      SOLE                    24787        0        0
LIBERTY GLOBAL INC             COM SER C        530555309     2216    32292 PRN      SOLE                    32292        0        0
LIBERTY INTERACTIVE CORP       INT COM SER A    53071M104      355    16600 PRN      SOLE                    16600        0        0
LILLY ELI & CO                 COM              532457108     7250   127659 PRN      SOLE                   127659        0        0
MAUI LD & PINEAPPLE INC        COM              577345101     3422   851289 PRN      SOLE                   851289        0        0
MEDTRONIC INC                  COM              585055106     1530    32575 PRN      SOLE                    32575        0        0
MENTOR GRAPHICS CORP           COM              587200106     8542   473250 PRN      SOLE                   473250        0        0
MERCK & CO INC NEW             COM              58933Y105     2800    63357 PRN      SOLE                    63357        0        0
MIDDLESEX WATER CO             COM              596680108     6231   319214 PRN      SOLE                   319214        0        0
MONDELEZ INTL INC              CL A             609207105      307    10018 PRN      SOLE                    10018        0        0
NOVO-NORDISK A S               ADR              670100205      443     2740 PRN      SOLE                     2740        0        0
OCCIDENTAL PETE CORP DEL       COM              674599105     1636    20869 PRN      SOLE                    20869        0        0
PFIZER INC                     COM              717081103     2355    81617 PRN      SOLE                    81617        0        0
PHILIP MORRIS INTL INC         COM              718172109      256     2757 PRN      SOLE                     2757        0        0
PROCTER & GAMBLE CO            COM              742718109      913    11850 PRN      SOLE                    11850        0        0
PUBLIC SVC ENTERPRISE GROUP    COM              744573106      509    14810 PRN      SOLE                    14810        0        0
ROVI CORP                      COM              779376102     3122   145800 PRN      SOLE                   145800        0        0
RUBICON MINERALS CORP          COM              780911103      241   100000 PRN      SOLE                   100000        0        0
SOMERSET HILLS BANCORP         COM              834728107      891    76613 PRN      SOLE                    76613        0        0
SOTHEBYS                       COM              835898107      333     8900 PRN      SOLE                     8900        0        0
SPECTRA ENERGY CORP            COM              847560109     8914   289892 PRN      SOLE                   289892        0        0
SPRINT NEXTEL CORP             COM SER 1        852061100       91    14675 PRN      SOLE                    14675        0        0
STARBUCKS CORP                 COM              855244109      211     3700 PRN      SOLE                     3700        0        0
STARZ                          LIBRTY CAP COM A 85571Q102     3105    46424 PRN      SOLE                    46424        0        0
STATOIL ASA                    SPONSORED ADR    85771P102     2170    88150 PRN      SOLE                    88150        0        0
SYNTROLEUM CORP                COM              871630109        4    10000 PRN      SOLE                    10000        0        0
TIME WARNER INC                COM NEW          887317303     1138    19747 PRN      SOLE                    19747        0        0
TORNIER N V                    SHS              N87237108      836    44350 PRN      SOLE                    44350        0        0
UNS ENERGY CORP                COM              903119105      245     5000 PRN      SOLE                     5000        0        0
VERIZON COMMUNICATIONS INC     COM              92343V104      792    16123 PRN      SOLE                    16123        0        0
WASTE MGMT INC DEL             COM              94106L109     6644   169439 PRN      SOLE                   169439        0        0
WESTERN UN CO                  COM              959802109     2282   151725 PRN      SOLE                   151725        0        0
WEYERHAEUSER CO                COM              962166104     1179    37580 PRN      SOLE                    37580        0        0
WILLIAMS COS INC DEL           COM              969457100      671    17900 PRN      SOLE                    17900        0        0
XYLEM INC                      COM              98419M100     6501   235900 PRN      SOLE                   235900        0        0