UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Quarter Ended March 31, 2011
Check here if Amendment; [_] Amendment Number:
This Amendment (Check [_] is a restatement
only one); [_] adds new holdings entries
Institutional Investment Manager Filing this Report:
Name: Diamond Capital Management Inc.
Address: Dorinco 100
Midland, MI 48674
13F File Number: 28-7248
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: Kenneth J. Van Heel
Title: President, Diamond Capital Management Inc.
Phone: 989-636-1915
Signature, Place, and Date of Signing:
/S/ KENNETH J. VAN HEEL, MIDLAND, MICHIGAN, (April 25, 2011)
Report Type (Check one only):
[X] 13F HOLDINGS REPORT
[_] 13F NOTICE
[_] 13F COMBINATION REPORT
List of Other Managers
Reporting for this Manager:
I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES AND EXCHANGE ACT OF 1934.
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 70
Form 13F Information table Value Total(x 1000): $830,932
For Period Ending: 3/31/2011
FORM 13F
Name of Reporting Manager: Diamond Capital Management Inc.
ITEM 1: ITEM 2: ITEM 3: ITEM 4: ITEM 5: ITEM 6: ITEM 7: ITEM 8:
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INVESTMENT DISCRETION VOTING AUTHORITY
---------------------- ---------------------
TITLE CUSIP MARKET FAIR CALL (A) (B) SHARED (C)(SHARED- (A) (B) (C)
NAME OF ISSUER OF CLASS NUMBER VALUE SHARES /PUT SOLE AS DEFINED OTHER MANAGERS SOLE SHARED NONE
------------------------ ------------ --------- ------- --------- ---- ---- ---------- ----------- -------- --------- ------ ----
IShares MSCI
Emerging Market Common Stock 464287234 169,649 3,485,698 X 3,485,698
SPDR TR Common Stock 78462F103 164,939 1,243,978 X 1,243,978
ISHARES S&P 500
INDEX FUND Common Stock 464287200 72,678 546,412 X 546,412
ENERGY SELECT
SECTOR SPDR Common Stock 81369Y506 53,477 670,563 X 670,563
SPDR FINANCIAL
INDEX Common Stock 81369Y605 34,789 2,122,603 X 2,122,603
VANGUARD EMERGING
MARKETS ETF Common Stock 922042858 31,868 651,022 X 651,022
SPDR INDUSTRIAL Common Stock 81369Y704 25,164 668,107 X 668,107
VANGUARD LARGE CAPE Common Stock 922908637 24,916 410,000 X 410,000
MONSANTO CO Common Stock 61166W101 8,967 124,095 X 124,095
BANKAMERICA CORP Common Stock 060505104 8,731 655,000 X 655,000
NABORS INDUSTRIES Common Stock G6359F103 8,506 280,000 X 280,000
SPDR TECHNOLOGY
INDEX Common Stock 81369Y803 8,446 324,082 X 324,082
SPDR CONSUMER
STAPLES Common Stock 81369Y308 8,314 277,876 X 277,876
CISCO SYS INC Common Stock 17275R102 7,961 464,200 X 464,200
Intercontinental
Exchange Inc. Common Stock 45865V100 7,907 64,000 X 64,000
Jacobs Engineering Group
Inc. Common Stock 469814107 7,509 146,000 X 146,000
VALERO ENERGY Common Stock 91913Y100 7,246 243,000 X 243,000
SYMANTEC CORP Common Stock 871503108 6,919 373,200 X 373,200
The Mosaic Company Common Stock 61945A107 6,898 87,600 X 87,600
Archer-Daniels-
Midland Company Common Stock 039483102 6,482 180,000 X 180,000
MICROSOFT CORP Common Stock 594918104 6,269 246,900 X 246,900
BOSTON SCIENTIFIC
CORPORATION Common Stock 101137107 6,191 861,000 X 861,000
GENERAL MOTORS Co. Common Stock 37045V100 5,958 192,000 X 192,000
MARATHON OIL
CORPORATION Common Stock 565849106 5,864 110,000 X 110,000
SPDR HEALTH CARE Common Stock 81369Y209 5,855 176,821 X 176,821
CME Group Inc. Common Stock 12572Q105 5,850 19,400 X 19,400
Petroleo Brasileiro S.A. Common Stock 71654V408 5,660 140,000 X 140,000
NOKIA CORP Common Stock 654902204 5,244 616,200 X 616,200
Marvell Technology Group
Ltd Common Stock G5876H105 5,054 325,000 X 325,000
Gilead Sciences, Inc. Common Stock 375558103 4,986 117,400 X 117,400
SPDR UTILITIES
INDEX Common Stock 81369Y886 4,893 153,533 X 153,533
USX - U.S. STEEL
GROUP Common Stock 912909108 4,768 88,400 X 88,400
AT&T CORP Common Stock 00206R102 4,591 150,000 X 150,000
ENSCO PLC Common Stock 29358Q109 4,512 78,000 X 78,000
BUNGE LIMITED Common Stock G16962105 4,340 60,000 X 60,000
Nucor Corporation Common Stock 670346105 4,326 94,000 X 94,000
NVIDIA CORPORATION Common Stock 67066G104 4,264 231,000 X 231,000
INSULET Common Stock 45784P101 4,254 206,315 X 206,315
AETNA INC Common Stock 00817Y108 4,211 112,500 X 112,500
MASCO CORP Common Stock 574599106 4,047 290,700 X 290,700
GOOGLE INCORPORATED Common Stock 38259P508 3,873 6,600 X 6,600
AMR CORP Common Stock 001765106 3,839 594,200 X 594,200
MERCK & CO INC Common Stock 58933Y105 3,136 95,000 X 95,000
MOTOROLA SOLUTIONS INC Common Stock 620076307 3,094 69,243 X 69,243
GAP INC DEL Common Stock 364760108 2,946 130,000 X 130,000
Covidien PLC Common Stock G2554F113 2,867 55,200 X 55,200
CITIGROUP INC Common Stock 172967101 2,652 600,000 X 600,000
ENTROPIC
COMMUNICATIONS Common Stock 29384R105 2,589 306,444 X 306,444
Consumer Discretionary
Select Sector SP Common Stock 81369Y407 2,571 65,827 X 65,827
MATERIALS SELECT
SECTOR SPDR Common Stock 81369Y100 2,361 59,005 X 59,005
ARCH COAL, INC Common Stock 039380100 2,325 64,500 X 64,500
RESEARCH IN MOTION Common Stock 760975102 2,290 40,500 X 40,500
The Hartford Financial
Services Group Common Stock 416515104 2,154 80,000 X 80,000
JP MORGAN CHASE & CO Common Stock 46625H100 2,075 45,000 X 45,000
PATRIOT COAL
CORPORATION Common Stock 70336T104 2,066 80,000 X 80,000
MEDTRONIC INC Common Stock 585055106 1,949 49,530 X 49,530
NEUROGESX INC Common Stock 641252101 1,859 459,032 X 459,032
AES CORP Common Stock 00130H105 1,495 115,000 X 115,000
ADOBE SYSTEMS INC. Common Stock 00724F101 1,492 45,000 X 45,000
Motorola Mobility
Holdings Inc. Common Stock 620097105 1,477 60,550 X 60,550
SUNPOWER
CORPORATION Common Stock 867652109 1,383 80,700 X 80,700
CORNING INC. Common Stock 219350105 1,320 64,000 X 64,000
AMERICAN INTLE GROUP INC Common Stock 026874107 1,230 35,000 X 35,000
APPLE COMPUTER INC Common Stock 037833100 1,115 3,200 X 3,200
ALCATEL-LUCENT Common Stock 013904305 988 170,000 X 170,000
Mylan Inc. Common Stock 628530107 913 40,300 X 40,300
BROADCAM CORPORATION Common Stock 111320107 788 20,000 X 20,000
DELL COMPUTER CORP Common Stock 24702R101 653 45,000 X 45,000
CONSOL Energy Inc. Common Stock 20854P109 590 11,000 X 11,000
Allegheny Technologies,
Inc. Common Stock 01741R102 339 5,000 X 5,000
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COLUMN TOTALS 830,932
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