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: Dalton Investments LLC
Address: 1601 Cloverfield Boulevard
Suite 5050 N
Santa Monica, CA 90404
13F File Number: 028-12151
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: Michelle Lynd, JD
Title: Senior Managing Director- General Counsel
Phone: (424) 231-9100
Signature, Place, and Date of Signing:
/s/ Michelle Lynd Santa Monica, CA May 15, 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: 61
Form 13F Information Table Value Total: $397,082 (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
------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
1ST CENTURY BANCSHARES INC COM 31943x102 589 105000 SH SOLE 105000 0 0
ACACIA RESH CORP ACACIA TCH COM 003881307 226 7505 SH SOLE 7505 0 0
ALPS ETF TR JEFF TRJ CRB GLO 00162Q304 591 13323 SH SOLE 13323 0 0
AMERICAN INTL GROUP INC *W EXP 01/19/202 026874156 2935 193062 SH SOLE 193062 0 0
AMERICAN INTL GROUP INC COM NEW 026874784 64915 1672200 SH SOLE 1672200 0 0
AON PLC SHS CL A G0408V102 369 6000 SH SOLE 6000 0 0
BANCROFT FUND LTD COM 059695106 475 27113 SH SOLE 27113 0 0
BANK OF AMERICA CORPORATION COM 060505104 14082 1156191 SH SOLE 1156191 0 0
BARCLAYS BK PLC IPATH S&P500 VIX 06740c188 446 22000 SH SOLE 22000 0 0
BERKSHIRE HATHAWAY INC DEL CL A 084670108 3282 21 SH SOLE 21 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 67381 646650 SH SOLE 646650 0 0
BLACKROCK MUNIHLDNGS QLTY II COM 09254C107 349 22808 SH SOLE 22808 0 0
BLACKROCK MUNIHOLDNGS QLTY I COM 09254A101 249 16849 SH SOLE 16849 0 0
BLACKROCK MUNIYIELD CALIF FD COM 09254M105 256 15504 SH SOLE 15504 0 0
CHESAPEAKE ENERGY CORP COM 165167107 1021 50000 SH SOLE 50000 0 0
CISCO SYS INC COM 17275R102 3598 172200 SH SOLE 172200 0 0
CITIGROUP INC COM NEW 172967424 47104 1064735 SH SOLE 1064735 0 0
COHEN & STEERS CLOSED END OP COM 19248P106 470 35041 SH SOLE 35041 0 0
COMMONWEALTH REIT COM SH BEN INT 203233101 4488 200000 SH SOLE 200000 0 0
DELL INC COM 24702R101 10009 698465 SH SOLE 698465 0 0
ELLSWORTH FUND LTD COM 289074106 739 96755 SH SOLE 96755 0 0
FRANKLIN TEMPLETON LTD DUR I COM 35472t101 219 14806 SH SOLE 14806 0 0
FREQUENCY ELECTRS INC COM 358010106 94 10000 SH SOLE 10000 0 0
GENWORTH FINL INC COM CL A 37247D106 7463 746300 SH SOLE 746300 0 0
GOLDMAN SACHS GROUP INC COM 38141g104 942 6400 SH SOLE 6400 0 0
HEWLETT PACKARD CO COM 428236103 5679 238224 SH SOLE 238224 0 0
HIMAX TECHNOLOGIES INC SPONSORED ADR 43289P106 55980 10309359 SH SOLE 10309359 0 0
ISHARES TR HIGH YLD CORP 464288513 273 2892 SH SOLE 2892 0 0
JPMORGAN CHASE & CO *W EXP 10/28/201 46634E114 1293 90710 SH SOLE 90710 0 0
LEUCADIA NATL CORP COM 527288104 686 25000 SH SOLE 25000 0 0
LIBERTY INTERACTIVE CORP INT COM SER A 53071M104 556 26000 SH SOLE 26000 0 0
LIONBRIDGE TECHNOLOGIES INC COM 536252109 52 13381 SH SOLE 13381 0 0
LOEWS CORP COM 540424108 881 20000 SH SOLE 20000 0 0
MAGAL SECURITY SYS LTD ORD M6786D104 122 29613 SH SOLE 29613 0 0
MAGELLAN MIDSTREAM PRTNRS LP COM UNIT RP LP 559080106 550 10300 SH SOLE 10300 0 0
MORGAN STANLEY COM NEW 617446448 27774 1263600 SH SOLE 1263600 0 0
NORTHERN TIER ENERGY LP COM UN REPR PART 665826103 598 20000 SH SOLE 20000 0 0
PANHANDLE OIL AND GAS INC CL A 698477106 1925 67200 SH SOLE 67200 0 0
PHILLIPS 66 COM 718546104 1980 28294 SH SOLE 28294 0 0
PHOENIX COS INC NEW COM NEW 71902e604 615 20000 SH SOLE 20000 0 0
PIMCO ETF TR INTER MUN BD ST 72201R866 346 6396 SH SOLE 6396 0 0
PIONEER NAT RES CO COM 723787107 1243 10000 SH SOLE 10000 0 0
POWERSHARES QQQ TRUST UNIT SER 1 73935A104 12049 174700 SH PUT SOLE 174700 0 0
PROSHARES TR PSHS SHTRUSS2000 74347R826 1911 89000 SH SOLE 89000 0 0
RESOLUTE FST PRODS INC COM 76117W109 971 60000 SH SOLE 60000 0 0
RESOURCE CAP CORP COM 76120W302 71 10781 SH SOLE 10781 0 0
ROYAL BK SCOTLAND GROUP PLC ADR PREF SHS R 780097747 2797 126910 SH SOLE 126910 0 0
ROYAL BK SCOTLAND GROUP PLC ADR PFD SER P 780097762 291 13136 SH SOLE 13136 0 0
ROYAL BK SCOTLAND GROUP PLC ADR PREF SER N 780097770 580 26133 SH SOLE 26133 0 0
SANOFI RIGHT 12/31/2020 80105n113 27164 15176843 SH SOLE 15176843 0 0
SPDR INDEX SHS FDS S&P INTL SMLCP 78463x871 247 8046 SH SOLE 8046 0 0
TENET HEALTHCARE CORP COM NEW 88033G407 428 9000 SH SOLE 9000 0 0
TESSERA TECHNOLOGIES INC COM 88164L100 253 13500 SH SOLE 13500 0 0
TUESDAY MORNING CORP COM NEW 899035505 78 10000 SH SOLE 10000 0 0
TURQUOISE HILL RES LTD COM 900435108 9730 1529838 SH SOLE 1529838 0 0
VANGUARD INDEX FDS REIT ETF 922908553 300 4252 SH SOLE 4252 0 0
VANGUARD INDEX FDS LARGE CAP ETF 922908637 1551 21618 SH SOLE 21618 0 0
VANGUARD INDEX FDS SMALL CP ETF 922908751 378 4146 SH SOLE 4146 0 0
VANGUARD INDEX FDS TOTAL STK MKT 922908769 2434 30062 SH SOLE 30062 0 0
VANGUARD INTL EQUITY INDEX F ALLWRLD EX US 922042775 2873 61976 SH SOLE 61976 0 0
VIMPELCOM LTD SPONSORED ADR 92719A106 131 11000 SH SOLE 11000 0 0