UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FORM 13F Cover Page
Report for the Calendar Year or Quarter Ended December 31, 2006
Check here if Amendment: |_|; Amendment Number: ____
This Amendment (Check only one): |_| is a restatement
|_| adds new holding entries.
Institutional Manager Filing this Report:
Name: Straus Capital Management, L.L.C.
Address: 605 Third Avenue
New York, New York 10158
13F File Number: 28-04115
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: Melville Straus
Title: Managing Member
Phone: (212) 476-9177
Signature, Place and Date of Signing:
/s/Melville Straus New York, New York February 14, 2007
----------------------- -------------------------- ----------------------
[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).)
Form 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 1
Form 13F Information Table Entry Total: 153
Form 13F Information Table Value Total: $356,576
(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 Number Name
1. 28- Straus-GEPT Partners LP
FORM 13F INFORMATION TABLE
<TABLE>
<CAPTION>
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 MNGRS SOLE SHARED NONE
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
3-D SYS COPR DEL COM NEW 88554D205 1037 65000 SH DEFINED 1 65000
AKAMAI TECHNOLOGIES INC COM 00971T101 1912 36000 SH DEFINED 1 36000
ALLIS CHALMERS ENERGY INC COM PAR $.01 NW 019645506 6336 275000 SH DEFINED 1 275000
AMAZON COM INC COM 023135106 3157 80000 SH PUT DEFINED 1 80000
AMYLIN PHARMACEUTICALS INC COM 032346108 902 25000 SH PUT DEFINED 1 25000
ANADIGICS INC COM 032515108 4009 452500 SH DEFINED 1 452500
AP PHARMA INC COM 00202J104 989 722100 SH DEFINED 1 722100
ARCH COAL INC COM 039380100 1321 44000 SH DEFINED 1 44000
ATP OIL & GAS CORP COM 00208J108 2831 77000 SH DEFINED 1 11000
AWARE INC MASS COM 05453N100 800 150000 SH DEFINED 1 150000
BANKRATE INC COM 06646V108 417 11000 SH DEFINED 1 11000
BED BATH & BEYOND INC COM 075896100 1524 40000 SH PUT DEFINED 1 40000
BJ SVCS CO COM 055482103 2639 90000 SH DEFINED 1 90000
BJS RESTAURANTS INC COM 09180C106 1112 55000 SH DEFINED 1 55000
BLUE NILE INC COM 09578R103 1476 40000 SH PUT DEFINED 1 40000
BRINKER INTL INC COM 109641100 3921 130000 SH PUT DEFINED 1 130000
BUFFALO WILD WINGS INC COM 119848109 2660 50000 SH DEFINED 1 50000
BURLINGTON NORHTERN SANTA FE C COM 12189T104 1476 20000 SH DEFINED 1 20000
CAMECO CORP COM 13321L108 1014 25000 SH DEFINED 1 25000
CANADIAN NAT RES LTD COM 136385101 1773 33300 SH DEFINED 1 33300
CARMAX INC COM 143130102 6039 112600 SH DEFINED 1 112600
CBEYOND INC COM 149847105 2983 97500 SH DEFINED 1 97500
CENTRAL EUROPEAN MEDIA ENTRP CL A NEW G20045202 5950 85000 SH DEFINED 1 85000
CERAGON NETWORKS LTD ORD M22013102 1231 225000 SH DEFINED 1 225000
CHESAPEAKE ENERGY CORP COM 165167107 4358 150000 SH DEFINED 1 150000
CHILDRENS PL RETAIL STORES I COM 168905107 3176 50000 SH PUT DEFINED 1 50000
CNOOC LTD SPONSORED ADR 126132109 1514 16000 SH DEFINED 1 16000
CONTINENTAL AIRLS INC CL B 210795308 8353 202500 SH DEFINED 1 202500
COSI INC COM 22122P101 2140 410000 SH DEFINED 1 350000
CROCS INC COM 227046109 2268 52500 SH DEFINED 1 52500
CV THERAPEUTICS INC COM 126667104 2792 200000 SH DEFINED 1 200000
DICKS SPORTING GOODS INC COM 253393102 1837 37500 SH DEFINED 1 37500
DIGUANG INTERNATIONAL RESTRICTED STOCK 999999999 98 25000 SH DEFINED 1 25000
DRUGSTORE COM INC COM 262241102 677 185000 SH DEFINED 1 185000
EARTHSHELL RESTRICTED STOCK 999999999 2508 9118961 SH DEFINED 1 9118961
ENDOLOGIX INC COM NEW 29266S106 942 269200 SH DEFINED 1 269200
ENERGY CONVERSION DEVICES INC COM 292659109 2209 65000 SH DEFINED 1 65000
ENERGY METALS CORP COM 29271B106 2138 250000 SH DEFINED 1 145000
ENERGY PARTNERS LTD COM NEW 29270U105 1832 75000 SH DEFINED 1 75000
EQUINIX INC COM 29444U502 3025 40000 SH DEFINED 1 40000
FAMILYMEDS GROUP INC COM 30706T209 1616 318220 SH DEFINED 1 222740
FAR EAST ENERGY RESTRICTED STOCK 999999999 390 500000 SH DEFINED 1 500000
FIRST SOLAR INC COM 336433107 1490 50000 SH DEFINED 1 50000
GARMIN LTD ORD G37260109 1113 20000 SH PUT DEFINED 1 20000
GENOMIC HEALTH INC COM 37244C101 3796 204100 SH DEFINED 1 204100
GENTIUM S P A SPONSORED ADR 37250B104 3621 186500 SH DEFINED 1 106800
GEOKINETICS RESTRICTED STOCK 999999999 1098 60000 SH DEFINED 1 60000
GEOMET INC DEL COM 37250U201 1327 140000 SH DEFINED 1 15000
GLOBALSANTAFE CORP SHS G3930E101 5290 90000 SH DEFINED 1 90000
GOL LINHAS AEREAS INTLG SA SP ADR REP PFD 38045R107 1267 44200 SH DEFINED 1 44200
GOLAR LNG LTD BERMUDA SHS G9456A100 1792 140000 SH DEFINED 1 140000
GRACE W R & CO DEL NEW COM 38388F108 990 50000 SH DEFINED 1 50000
GRACE W R & CO DEL NEW COM 38388F108 1980 100000 SH CALL DEFINED 1 100000
GRANITE CITY FOOD & BREWERY COM 38724Q107 1175 228809 SH DEFINED 1 125000
GREEN MTN COFFEE ROASTERS IN COM 393122106 1600 32500 SH DEFINED 1 32500
GREENFIELD ONLINE INC COM 395150105 1788 125000 SH DEFINED 1 125000
GREY WOLF INC COM 397888108 1269 185000 SH DEFINED 1 185000
GSI COMMERCE INC COM 36238G102 1922 102500 SH DEFINED 1 102500
HALOZYME THERAPEUTICS INC COM 40637H109 9606 1200428 SH DEFINED 1 914714
HARLEY DAVIDSON INC COM 412822108 6695 95000 SH PUT DEFINED 1 95000
HEARUSA INC COM 422360305 1094 828500 SH DEFINED 1 828500
HOLLYWOOD MEDIA CORP COM 436233100 1807 435000 SH DEFINED 1 300000
HOME INNS & HOTELS MGMT INC SPONSORED ADR 43713W107 845 22500 SH DEFINED 1 22500
HORNBECK OFFSHORE SVCS INC N COM 440543106 1785 50000 SH PUT DEFINED 1 50000
I D SYSTEMS INC COM 449489103 2117 112500 SH DEFINED 1 112500
I TRAX INC COM 45069D203 2030 654900 SH DEFINED 1 654900
I-FLOW CORP COM NEW 449520303 2009 124400 SH DEFINED 1 40000
INFINITY BIOENERGY RESTRICTED STOCK 999999999 853 250000 SH DEFINED 1 250000
INFINITY ENERGY RESOURCES INC COM PAR .0001 45663L403 902 277000 SH DEFINED 1 150000
INPUT/OUTPUT INC COM 457652105 1022 75000 SH DEFINED 1 75000
INTEROIL CORP COM 460951106 3029 100000 SH DEFINED 1 100000
INTEVAC INC COM 461148108 1362 52500 SH DEFINED 1 52500
IPG PHOTONICS CORP COM 44980X109 720 30000 SH DEFINED 1 30000
JAPAN SMALLER CAPTLZTN FD IN COM 47109U104 1609 125000 SH DEFINED 1 125000
JETBLUE AWYS CORP COM 477143101 1136 80000 SH DEFINED 1 80000
JONES SODA CO COM 48023P106 1107 90000 SH DEFINED 1 90000
JOY GLOBAL INC COM 481165108 2103 43500 SH DEFINED 1 43500
KINETIC CONCEPTS INC COM NEW 49460W208 3955 100000 SH PUT DEFINED 1 100000
KLA-TENCOR CORP COM 482480100 1990 40000 SH PUT DEFINED 1 40000
KNOVA SOFTWARE RESTRICTED STOCK 999999999 728 150000 SH DEFINED 1 150000
KONA GRILL INC COM 50047H201 2144 105000 SH DEFINED 1 105000
LEAP WIRELESS INTL INC COM NEW 521863308 2379 40000 SH DEFINED 1 40000
LIVEPERSON INC COM 538146101 2615 500000 SH DEFINED 1 500000
MEDIVATION INC COM 58501N101 3243 205000 SH DEFINED 1 205000
MEMC ELECTR MATLS INC COM 552715104 3523 90000 SH DEFINED 1 90000
MICROCOMPONENT TECH RESTRICTED STOCK 999999999 158 753859 SH DEFINED 1 753859
MICROSTRATEGY INC CL A NEW 594972408 399 3500 SH DEFINED 1 3500
MIRANT CORP NEW COM 60467R100 947 30000 SH DEFINED 1 30000
MIRANT CORP NEW *W EXP 01/03/201 60467R126 360 25576 SH DEFINED 1 25576
MITSUBISHI UFJ FINL GROUP IN SPONSORED ADR 606822104 1868 150000 SH DEFINED 1 150000
NAVTEQ CORP COM 63936L100 3322 95000 SH DEFINED 1 95000
NEKTAR THERAPEUTICS COM 640268108 4148 272700 SH DEFINED 1 272700
NEOPHARM INC COM 640919106 167 100000 SH CALL DEFINED 1 100000
NEXTEST SYS CORP COM 653339101 676 60000 SH DEFINED 1 60000
NUTRI SYS INC NEW COM 67069D108 729 11500 SH DEFINED 1 11500
OCCAM NETWORKS INC COM NEW 67457P309 990 60000 SH DEFINED 1 60000
ONYX PHARMACEUTICALS INC COM 683399109 2634 249000 SH DEFINED 1 249000
OPSWARE INC COM 68383A101 5733 650000 SH DEFINED 1 650000
ORIGIN AGRITECH LIMITED SHS G67828106 1203 110000 SH DEFINED 1 110000
PACIFIC ETHANOL INC COM 69423U107 3037 204950 SH DEFINED 1 204950
PANERA BREAD CO CL A 69840W108 1398 25000 SH PUT DEFINED 1 25000
PEABODY ENERGY CORP COM 704549104 808 20000 SH DEFINED 1 20000
PENWEST PHARMACEUTICALS CO COM 709754105 2161 130000 SH DEFINED 1 130000
PETROHAWK ENERGY CORP COM 716495106 2588 225000 SH DEFINED 1 225000
PETSMART INC COM 716768106 13550 469500 SH DEFINED 1 469500
PF CHANGS CHINA BISTRO INC COM 69333Y108 1823 47500 SH DEFINED 1 47500
PHARMCOPEIA DRUG DISCVRY IN COM 7171EP101 2244 526800 SH DEFINED 1 526800
PLAINS EXPL & PRODTN CO COM 726505100 475 10000 SH DEFINED 1 10000
PRIDE INTL INC COM 74153Q102 4201 140000 SH DEFINED 1 140000
RAINMAKER SYSTEMS COM NEW 750875304 2750 333333 SH DEFINED 1 333333
REGENERX BIOPHARMACEUTICALS COM 75886X108 320 153894 SH DEFINED 1 153894
RESTORATION HARDWARE INC DEL COM 760981100 3932 462000 SH DEFINED 1 462000
ROWAN COS INC COM 779382100 1411 42500 SH DEFINED 1 42500
ROYAL CARIBBEAN CRUISES LTD COM V7780T103 4138 100000 SH DEFINED 1 100000
RUBY TUESDAY INC COM 781182100 1646 60000 SH PUT DEFINED 1 60000
RYANAIR HLDGS PLC SPONSORED ADR 783513104 815 10000 SH DEFINED 1 10000
SALESFORCE COM INC COM 79466L302 1021 28000 SH DEFINED 1 28000
SCIENTIFIC GAMES CORP CL A 80874P109 6016 199000 SH DEFINED 1 199000
SCIENTIFIC LEARNING CORP COM 808760102 988 180000 SH DEFINED 1 180000
SEMITOOL INC COM 816909105 1464 110000 SH DEFINED 1 110000
SIMTEK CORP RESTRICTED STOCK 999999999 1270 213500 SH DEFINED 1 213500
SIRF TECHNOLOGY HLDGS COM 82967H101 638 25000 SH DEFINED 1 25000
SORL AUTO PTS INC COM 78461U101 993 110000 SH DEFINED 1 110000
SOUTHWESTERN ENERGY CO COM 845467109 2103 60000 SH DEFINED 1 60000
ST JOE CO COM 790148100 2143 40000 SH PUT DEFINED 1 40000
STAMPS COM INC COM 852857200 1811 115000 SH DEFINED 1 115000
STARBUCKS CORP COM 855244109 1877 53000 SH DEFINED 1 53000
STRATEX NETWORKS INC COM 86279T109 918 190000 SH DEFINED 1 190000
SUN HEALTHCARE GROUP INC COM NEW 866933401 3892 308150 SH DEFINED 1 308150
SUNCOR ENERGY INC COM 867229106 2840 36000 SH DEFINED 1 36000
SUPERIOR ENERGY SVCS INC COM 868157108 6209 190000 SH DEFINED 1 190000
TASER INTL INC COM 87651B104 685 90000 SH DEFINED 1 90000
TEMPLETON DRAGON FD INC COM 88018T101 9391 357600 SH DEFINED 1 357600
TESCO CORP COM 88157K101 2651 150000 SH DEFINED 1 150000
TRANSOCEAN INC ORD G90078109 3236 40000 SH DEFINED 1 40000
TRIMERIS INC COM 896263100 1074 84500 SH CALL DEFINED 1 84500
TURBOCHEF TECHNOLOGIES INC COM NEW 900006206 851 50000 SH DEFINED 1 50000
UAL CORPORATION COM NEW 902549807 3850 87500 SH DEFINED 1 87500
UNIVERSAL COMPRESSION HLDGS COM 913431102 6987 112500 SH DEFINED 1 112500
UNIVERSAL COMPRESSION HLDGS COM 913431102 932 15000 SH CALL DEFINED 1 15000
URANIUM RESOURCES RESTRICTED STOCK 999999999 1124 210000 SH DEFINED 1 210000
US AIRWAYS GROUP INC COM 90341W108 3290 61087 SH DEFINED 1 61087
VALUECLICK INC COM 92046N102 3190 135000 SH DEFINED 1 135000
VERASUN ENERGY CORP COM 92336G106 2469 125000 SH PUT DEFINED 1 125000
VERITAS DGC INC COM 92343P107 2466 28800 SH DEFINED 1 28800
VERTEX PHARMACEUTICALS INC COM 92532F100 3742 100000 SH PUT DEFINED 1 100000
VISTRAPRINT LIMITED ORD G93762204 993 30000 SH DEFINED 1 30000
WHOLE FOODS MKT INC COM 966837106 1643 35000 SH DEFINED 1 35000
WILLIAMS SONOMA INC COM 969904101 4716 150000 SH PUT DEFINED 1 150000
WORLD HEART CORP COM 980905202 172 409046 SH DEFINED 1 409046
XM SATELLITE RADIO HLDGS INC CL A 983759101 1806 125000 SH DEFINED 1 125000
XTO ENERGY INC COM 98385X106 2771 58900 SH DEFINED 1 58900
YOUBET COM COM 987413101 420 117000 SH DEFINED 1 117000
</TABLE>
SK 02174 0002 746883