UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F COVER PAGE
OMB APPROVAL
OMB Number:3235-0006
Expires:July 31, 2015
Estimated average burden
hours per response:23.8
Report for the Calendar Year or Quarter Ended:
12-31-2014
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:
Loeb Offshore Management LP
Address:
125 BROAD STREET
14TH FLOOR
NEW YORK, NY 10004
Form 13F File Number:
028-13176

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:
David S. Hampson
Title:
Senior Vice President
Phone:
212-483-7086


Signature, Place, and Date of Signing:

/s/ David S. Hampson
                         [Signature]
New York, NEW YORK
                 [City, State]
02-17-2015
                           [Date]
                          

Report Type (Check only one.):

☒ 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 manager(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).)


Form 13F Summary Page

Report Summary:

Number of Other Included Managers:
1
Form 13F Information table Entry Total:
135
Form 13F Information table Value Total:
546751
          (thousands)

List of Other Included Managers:

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.
[If there are no entries in this list, state "NONE" and omit the column headings and list entries.]

No.Form 13F File NumberNameCIK
01
028-06940
LOEB ARBITRAGE MANAGEMENT LP
0001056569


UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number:3235-0006
Expires:July 31, 2015
Estimated average burden
hours per response:23.8
COLUMN 1COLUMN 2COLUMN 3COLUMN 4COLUMN 5COLUMN 6COLUMN 7COLUMN 8
VALUESHRS ORSH/PUT/INVESTMENTOTHERVOTING AUTHORITY
NAME OF ISSUERTITLE OF CLASSCUSIP(x$1000)PRN AMTPRNCALLDISCRETIONMANAGERSOLESHAREDNONE
ABBVIE INCCOM00287Y1091591,800SHCallDFND 0 91,800 0
ABBVIE INCCOM00287Y10912925,000SHPutDFND 0 25,000 0
ABBVIE INCCOM00287Y1094,76972,875SHDFND 0 72,875 0
ACTAVIS PLCSHSG0083B10811,31843,968SHDFND 0 43,968 0
ACTAVIS PLCSHSG0083B1084321,000SHCallDFND 0 21,000 0
ACTAVIS PLCSHSG0083B10812541,800SHPutDFND 0 41,800 0
ACTUATE CORPCOM00508B1022,004303,673SHDFND 0 303,673 0
ALASKA COMMUNICATIONS SYS GRCOM01167P1011,682939,532SHDFND 0 939,532 0
ALLERGAN INCCOM01849010213,05361,401SHDFND 0 61,401 0
ALMOST FAMILY INCCOM0204091081,17440,554SHDFND 0 40,554 0
AMAZON COM INCCOM023135106610,000SHCallDFND 0 10,000 0
AMC NETWORKS INCCL A00164V1033,18950,001SHDFND 0 50,001 0
AMEDISYS INCCOM0234361081,13338,594SHDFND 0 38,594 0
AMER RLTY CAP HEALTHCAR TR ICOM02917R10894379,230SHDFND 0 79,230 0
AMERICAN AIRLS GROUP INCCOM02376R1021981,300SHPutDFND 0 81,300 0
AMERICAN AIRLS GROUP INCCOM02376R1024,36081,300SHDFND 0 81,300 0
AMREIT INC NEWCL B03216B2088,667326,563SHDFND 0 326,563 0
ANNALY CAP MGMT INCCOM035710409125,200SHPutDFND 0 25,200 0
ASSOCIATED ESTATES RLTY CORPCOM0456041052,16193,120SHDFND 0 93,120 0
AVANIR PHARMACEUTICALS INCCL A NEW05348P4015,339315,000SHDFND 0 315,000 0
AVIV REIT INC MDCOM05381L10111,904345,251SHDFND 0 345,251 0
B/E AEROSPACE INCCOM0733021014,06170,000SHDFND 0 70,000 0
B/E AEROSPACE INCCOM07330210165470,000SHPutDFND 0 70,000 0
BANK KY FINL CORPCOM06289610511,142230,832SHDFND 0 230,832 0
BARRICK GOLD CORPCOM0679011082,113196,534SHDFND 0 196,534 0
BLACKBERRY LTDCOM09228F1031,922175,000SHDFND 0 175,000 0
BROOKFIELD RESIDENTIAL PPTYSCOM11283W1041,20350,000SHDFND 0 50,000 0
BTU INTL INCCOM05603210529992,143SHDFND 0 92,143 0
CARBONITE INCCOM1413371052,600182,180SHDFND 0 182,180 0
CAREFUSION CORPCOM14170T10119,026320,635SHDFND 0 320,635 0
CASCADE BANCORPCOM NEW1471542071,318253,997SHDFND 0 253,997 0
CHIQUITA BRANDS INTL INCCOM1700328096,507450,001SHDFND 0 450,001 0
CHYRONHEGO CORPCOM17160710414752,466SHDFND 0 52,466 0
CIMATRON LTDORDM237981071,897214,086SHDFND 0 214,086 0
CLECO CORP NEWCOM12561W1051,96336,001SHDFND 0 36,001 0
CLIFFS NAT RES INCCOM18683K10143142,500SHCallDFND 0 142,500 0
CME GROUP INCCOM12572Q1057188,100SHDFND 0 8,100 0
CME GROUP INCCOM12572Q105520,000SHCallDFND 0 20,000 0
COGENT COMMUNICATIONS HLDGSCOM NEW19239V3022125,000SHCallDFND 0 25,000 0
COMCAST CORP NEWCL A20030N10183100,700SHPutDFND 0 100,700 0
COVANCE INCCOM22281610012,350118,936SHDFND 0 118,936 0
COVIDIEN PLCSHSG2554F11343103,700SHPutDFND 0 103,700 0
COVIDIEN PLCSHSG2554F11314,067137,533SHDFND 0 137,533 0
COVIDIEN PLCSHSG2554F113850,000SHCallDFND 0 50,000 0
COVISINT CORPCOM22357R10312246,160SHDFND 0 46,160 0
CREE INCCOM2254471014,347134,901SHDFND 0 134,901 0
CUBIST PHARMACEUTICALS INCCOM22967810717,584174,700SHDFND 0 174,700 0
CUBIST PHARMACEUTICALS INCCOM22967810734174,700SHPutDFND 0 174,700 0
CUMULUS MEDIA INCCL A231082108997235,600SHDFND 0 235,600 0
CYPRESS SEMICONDUCTOR CORPCOM23280610971249,862SHDFND 0 49,862 0
DIGITAL RIV INCCOM25388B10410100,000SHPutDFND 0 100,000 0
DIGITAL RIV INCCOM25388B1044,846195,952SHDFND 0 195,952 0
DIRECTVCOM25490A30910,175117,358SHDFND 0 117,358 0
DISH NETWORK CORPCL A25470M1096,56090,000SHDFND 0 90,000 0
DISH NETWORK CORPCL A25470M1091025,000SHPutDFND 0 25,000 0
DOLLAR GEN CORP NEWCOM2566771051,49421,126SHDFND 0 21,126 0
DRESSER-RAND GROUP INCCOM2616081037,90896,672SHDFND 0 96,672 0
ENDO INTL PLCSHSG304011064,05956,284SHDFND 0 56,284 0
ESB FINL CORPCOM26884F1023,338176,252SHDFND 0 176,252 0
FAMILY DLR STORES INCCOM30700010922,418283,023SHDFND 0 283,023 0
FRANKLIN FINL CORP VACOM35353C1023,176149,950SHDFND 0 149,950 0
GLIMCHER RLTY TRSH BEN INT37930210214,0351,021,473SHDFND 0 1,021,473 0
GLOBALSTAR INCCOM3789734082,616951,400SHDFND 0 951,400 0
GLOBALSTAR INCCOM378973408761951,400SHPutDFND 0 951,400 0
GNC HLDGS INCCOM CL A36191G1072,50453,331SHDFND 0 53,331 0
HERITAGE FINL GROUP INCCOM42726X1024,382169,176SHDFND 0 169,176 0
HERTZ GLOBAL HOLDINGS INCCOM42805T105350,000SHPutDFND 0 50,000 0
HUDSON CITY BANCORPCOM4436831077,911781,717SHDFND 0 781,717 0
HUDSON VALLEY HOLDING CORPCOM4441721003,380124,455SHDFND 0 124,455 0
INTEGRATED SILICON SOLUTIONCOM45812P1072,486150,001SHDFND 0 150,001 0
INTERNATIONAL GAME TECHNOLOGCOM45990210210,946634,550SHDFND 0 634,550 0
INTERNATIONAL GAME TECHNOLOGCOM459902102325,000SHPutDFND 0 25,000 0
INTERNATIONAL RECTIFIER CORPCOM4602541057,624191,075SHDFND 0 191,075 0
INTERVEST BANCSHARES CORPCOM4609271063,015300,000SHDFND 0 300,000 0
ISHARESIBOXX HI YD ETF4642885135050,000SHPutDFND 0 50,000 0
ISHARES TRRUSSELL 2000 ETF4642876553833,200SHDFND 0 3,200 0
ISHARES TRRUSSELL 2000 ETF464287655344200,000SHPutDFND 0 200,000 0
JETPAY CORPCOM4771771092913,330SHDFND 0 13,330 0
JOY GLOBAL INCCOM481165108 0 15,000SHCallDFND 0 15,000 0
JUNIPER NETWORKS INCCOM48203R1041,06047,500SHDFND 0 47,500 0
JUNIPER NETWORKS INCCOM48203R1041231,800SHPutDFND 0 31,800 0
KLX INCCOM4825391031,44435,000SHDFND 0 35,000 0
KT CORPSPONSORED ADR48268K10153437,848SHDFND 0 37,848 0
LIBERTY GLOBAL PLCSHS CL AG5480U1041172,322SHDFND 0 2,322 0
LIBERTY GLOBAL PLCSHS CL CG5480U1202785,745SHDFND 0 5,745 0
LORAL SPACE & COMMUNICATNS ICOM5438811069,903125,820SHDFND 0 125,820 0
M & T BK CORPCOM55261F10424949,200SHPutDFND 0 49,200 0
MEAD JOHNSON NUTRITION COCOM5828391063,54935,300SHDFND 0 35,300 0
MEDIA GEN INC NEWCOM58441K10036922,036SHDFND 0 22,036 0
MEDIA GEN INC NEWCOM58441K1002910,000SHCallDFND 0 10,000 0
MICREL INCCOM5947931012,545175,383SHDFND 0 175,383 0
MICROFINANCIAL INCCOM5950721091,345131,767SHDFND 0 131,767 0
NATIONAL INTERSTATE CORPCOM63654U10021,335715,935SHDFND 0 715,935 0
NEWMONT MINING CORPCOM6516391062,620138,599SHDFND 0 138,599 0
NOKIA CORPSPONSORED ADR6549022043,361427,663SHDFND 0 427,663 0
NUANCE COMMUNICATIONS INCCOM67020Y100352,000SHCallDFND 0 52,000 0
NVIDIA CORPCOM67066G1044,854242,081SHDFND 0 242,081 0
NVIDIA CORPCOM67066G10419100,000SHPutDFND 0 100,000 0
PANTRY INCCOM69865710392725,001SHDFND 0 25,001 0
PETSMART INCCOM7167681067,66994,338SHDFND 0 94,338 0
PROTECTIVE LIFE CORPCOM74367410318,621267,356SHDFND 0 267,356 0
REALD INCCOM75604L1054,528383,710SHDFND 0 383,710 0
RENEWABLE ENERGY GROUP INCCOM NEW75972A30119119,633SHDFND 0 19,633 0
REPUBLIC AWYS HLDGS INCCOM76027610542529,140SHDFND 0 29,140 0
ROCKWOOD HLDGS INCCOM77441510313,677173,571SHDFND 0 173,571 0
SALIX PHARMACEUTICALS INCCOM7954351064,59840,000SHDFND 0 40,000 0
SAPIENT CORPCOM8030621086,519261,999SHDFND 0 261,999 0
SIGMA ALDRICH CORPCOM82655210119,448141,676SHDFND 0 141,676 0
SIMPLICITY BANCORPCOM82886710137321,727SHDFND 0 21,727 0
SMITH & NEPHEW PLCSPDN ADR NEW83175M2058462,200SHPutDFND 0 62,200 0
SMITH & NEPHEW PLCSPDN ADR NEW83175M20519,038518,183SHDFND 0 518,183 0
SMITH & NEPHEW PLCSPDN ADR NEW83175M20511,000SHCallDFND 0 1,000 0
SOLITARIO EXPL & RTY CORPCOM8342EP1071,0481,139,071SHDFND 0 1,139,071 0
SONY CORPADR NEW8356993071,55676,000SHDFND 0 76,000 0
SOUTHSIDE BANCSHARES INCCOM84470P1097,033243,274SHDFND 0 243,274 0
SOUTHSIDE BANCSHARES INCCOM84470P10933630,000SHPutDFND 0 30,000 0
SPANSION INCCOM CL A NEW84649R20082824,198SHDFND 0 24,198 0
SPDR S&P 500 ETF TRTR UNIT78462F103554250,000SHPutDFND 0 250,000 0
STARZCOM SER A85571Q1024,943166,421SHDFND 0 166,421 0
SUSQUEHANNA BANCSHARES INC PCOM8690991019,401699,999SHDFND 0 699,999 0
SWS GROUP INCCOM78503N107984142,422SHDFND 0 142,422 0
SYMMETRY SURGICAL INCCOM87159G1001,229157,801SHDFND 0 157,801 0
TIME WARNER CABLE INCCOM88732J20711,35774,688SHDFND 0 74,688 0
TORNIER N VSHSN8723710830912,100SHDFND 0 12,100 0
TRIQUINT SEMICONDUCTOR INCCOM89674K10368925,002SHDFND 0 25,002 0
TRW AUTOMOTIVE HLDGS CORPCOM87264S10617,169166,931SHDFND 0 166,931 0
VALLEY FINL CORP VACOM9196291053,348169,000SHDFND 0 169,000 0
VITAMIN SHOPPE INCCOM92849E1012,30247,383SHDFND 0 47,383 0
VOLCANO CORPORATIONCOM9286451002,421135,380SHDFND 0 135,380 0
VOLCANO CORPORATIONNOTE 1.750%12/0928645AB67,9208,000,000PRNDFND 0 8,000,000 0
WINTHROP RLTY TRSH BEN INT NEW9763913001,19176,404SHDFND 0 76,404 0
WISDOMTREE TRJAPN HEDGE EQT97717W8518388,900SHPutDFND 0 88,900 0
ZILLOW INCCL A98954A1078,37779,110SHDFND 0 79,110 0
ZOETIS INCCL A98978V103267124,000SHPutDFND 0 124,000 0
ZOETIS INCCL A98978V10311,195260,156SHDFND 0 260,156 0