UNITED STATES
SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934 (Amendment No. 6)*
Oppenheimer Holdings Inc.
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(Name of Issuer)
CLASS A COMMON STOCK, (WITHOUT PAR VALUE)
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(Title of Class of Securities)
683797104
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(CUSIP Number)
DECEMBER 31, 2013
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(Date of Event which Requires Filing of this Statement)
CHECK THE APPROPRIATE BOX TO DESIGNATE THE RULE PURSUANT
TO WHICH THIS SCHEDULE IS FILED:
[X] RULE 13D-1(B)
[ ] RULE 13D-1(C)
[ ] RULE 13D-1(D)
*THE REMAINDER OF THIS COVER PAGE SHALL BE FILLED OUT FOR A REPORTING
PERSON'S INITIAL FILING ON THIS FORM WITH RESPECT TO THE SUBJECT CLASS OF
SECURITIES, AND FOR ANY SUBSEQUENT AMENDMENT CONTAINING INFORMATION WHICH
WOULD ALTER DISCLOSURES PROVIDED IN A PRIOR COVER PAGE.
THE INFORMATION REQUIRED ON THE REMAINDER OF THIS COVER PAGE SHALL NOT
BE DEEMED TO BE "FILED" FOR THE PURPOSE OF SECTION 18 OF THE SECURITIES
EXCHANGE ACT OF 1934 (THE "ACT") OR OTHERWISE SUBJECT TO THE LIABILITIES
OF THAT SECTION OF THE ACT BUT SHALL BE SUBJECT TO ALL OTHER PROVISIONS
OF THE ACT (HOWEVER, SEE THE NOTES).
Page 1 of 10 Pages
CUSIP NO. 683797104
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1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Bay Resource Partners, L.P.
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a) [X]
(b) [ ]
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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5 SOLE VOTING POWER
NUMBER OF NONE
SHARES
BENEFICIALLY -------------------------------------------------
OWNED BY 6 SHARED VOTING POWER
EACH
REPORTING 163,700
PERSON -------------------------------------------------
WITH 7 SOLE DISPOSITIVE POWER
NONE
-------------------------------------------------
8 SHARED DISPOSITIVE POWER
163,770
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
163,770
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
[ ] (SEE INSTRUCTIONS)
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 1.2%
- --------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) PN
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Page 2 of 10 Pages
CUSIP NO. 683797104
---------
- --------------------------------------------------------------------------
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Bay II Resource Partners, L.P.
- --------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a) [X]
(b) [ ]
- --------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- --------------------------------------------------------------------------
5 SOLE VOTING POWER
NUMBER OF NONE
SHARES
BENEFICIALLY -------------------------------------------------
OWNED BY 6 SHARED VOTING POWER
EACH
REPORTING 163,300
PERSON -------------------------------------------------
WITH 7 SOLE DISPOSITIVE POWER
NONE
-------------------------------------------------
8 SHARED DISPOSITIVE POWER
163,300
- --------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
163,300
- --------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
[ ] (SEE INSTRUCTIONS)
- --------------------------------------------------------------------------
11 PERCENTAGE OF CLASS REPRESENTED BY AMOUNT IN ROW 9 1.2%
- --------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) PN
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Page 3 of 10 Pages
CUSIP NO. 683797104
---------
- --------------------------------------------------------------------------
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Bay Resource Partners Offshore Master Fund, L.P.
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a) [X]
(b) [ ]
- --------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands
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5 SOLE VOTING POWER
NUMBER OF NONE
SHARES
BENEFICIALLY -------------------------------------------------
OWNED BY 6 SHARED VOTING POWER
EACH
REPORTING 338,278
PERSON -------------------------------------------------
WITH 7 SOLE DISPOSITIVE POWER
NONE
-------------------------------------------------
8 SHARED DISPOSITIVE POWER
338,278
- --------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
338,278
- --------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
[ ] (SEE INSTRUCTIONS)
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 2.5%
- --------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) PN
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Page 4 of 10 Pages
CUSIP NO. 683797104
---------
- --------------------------------------------------------------------------
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
GMT Capital Corp.
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a) [X]
(b) [ ]
- --------------------------------------------------------------------------
3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
State of Georgia
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5 SOLE VOTING POWER
NUMBER OF NONE
SHARES
BENEFICIALLY -------------------------------------------------
OWNED BY 6 SHARED VOTING POWER
EACH
REPORTING 684,848
PERSON -------------------------------------------------
WITH 7 SOLE DISPOSITIVE POWER
NONE
-------------------------------------------------
8 SHARED DISPOSITIVE POWER
684,848
- --------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
684,848
- --------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
[ ] (SEE INSTRUCTIONS)
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 5.1%
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12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) IA
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Page 5 of 10 Pages
CUSIP NO. 683797104
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1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Thomas E. Claugus
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a) [X]
(b) [ ]
- --------------------------------------------------------------------------
3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
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5 SOLE VOTING POWER
NUMBER OF 20,000
SHARES
BENEFICIALLY -------------------------------------------------
OWNED BY 6 SHARED VOTING POWER
EACH
REPORTING 781,278
PERSON -------------------------------------------------
WITH 7 SOLE DISPOSITIVE POWER
20,000
-------------------------------------------------
8 SHARED DISPOSITIVE POWER
684,848
- --------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
704,848
- --------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
[ ] (SEE INSTRUCTIONS)
- --------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 5.2%
- --------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
IN
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Page 6 of 10 Pages
ITEM
1(A)
NAME OF ISSUER:
Oppenheimer Holdings Inc.
ITEM
1(B)
ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
125 Broad Street
New York, NY 10004
ITEM
2(a)
NAME OF PERSON FILING:
(i) Bay Resource Partners, L.P. (Bay), with respect
to
shares of Class A Common Stock directly owned by it.
(ii) Bay II Resource Partners, L.P. (Bay II), with
respect to shares of Class A Common Stock directly owned by it.
(iii) Bay Resource Partners Offshore Master Fund, L.P. (Offshore
Fund) with respect to shares of Common Stock directly owned by it,
as the successor to Bay Resource Partners Offshore Fund, Ltd.
(iv) GMT Capital Corp. (GMT Capital) with respect to
shares of Class A Common Stock beneficially owned by it.
(v) Thomas E. Claugus, (Mr. Claugus), with respect to the
shares of Class A Common Stock directly owned by him
and directly owned by each of Bay, Bay II, the Offshore
Fund and GMT Capital separate client accounts.
The foregoing persons are hereinafter sometimes
collectively referred to as the Reporting Persons. Any
disclosures herein with respect to persons other than the
Reporting Persons are made on information and believe after
making inquiry to the appropriate party.
ITEM 2(b) ADDRESS OF PRINCIPAL BUSINESS OFFICE, OR IF NONE, RESIDENCE:
The address of the business office of each of the Reporting
Persons is 2300 Windy Ridge Pkwy, Suite 550 South, Atlanta,
Georgia, 30339.
ITEM
2(c)
CITIZENSHIP:
Bay and Bay II are limited partnerships organized under the
laws of the State of Delaware. The Offshore Fund is an exempted
limited partnership organized under the laws of the Cayman Islands.
GMT Capital is a Georgia corporation. Mr. Claugus is a United States
citizen.
ITEM
2(d)
TITLE OF CLASS OF SECURITIES:
Class A Common Stock, Without Par Value
Page 7 of 10 Pages
ITEM 2(e) CUSIP NUMBER:
683797104
ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO SS.240.13D-1(B) OR SS.
240.13d-2(B) or (C), CHECK WHETHER THE PERSON FILING IS A:
(a) [ ] Broker or dealer registered under section 15 of the Act (15
U.S.C. 78o).
(b) [ ] Bank as defined in section 3(a)(6) of the Act
(15 U.S.C. 78c).
(c) [ ] Insurance company as defined in section 3(a)(19) of the Act
(15 U.S.C. 78c).
(d) [ ] Investment company registered under section 8 of the
Investment Company Act of 1940 (15 U.S.C. 80a-8).
(e) [X] An investment adviser in accordance with ss.240.13d-1(b)(1)(ii)(E);
(f) [ ] An employee benefit plan or endowment fund in accordance
with ss.240.13d-1(b)(1)(ii)(F);
(g) [ ] A parent holding company or control person in accordance
with ss.240.13d-1(b)(1)(ii)(G);
(h) [ ] A savings associations as defined in Section 3(b) of the
Federal Deposit Insurance Act (12 U.S.C. 1813);
(i) [ ] A church plan that is excluded from the definition of an
investment company under section 3(c)(14) of the Investment Company
Act of 1940 (15 U.S.C. 80a-3);
(j) [ ] Group, in accordance with ss.240.13d-1(b)(1)(ii)(J).
ITEM 4. OWNERSHIP:
This Amendment No. 6 amends and supplements Amendment N. 5 to
Schedule 13G filed with the Securities and Exchange Commission (SEC)
on December 20, 2012, which amended and supplemented Amendment No. 4 to
Schedule 13G filed with the SEC on October 20, 2011, which amended and
supplemented Amendment No. 3 to Schedule 13G filed with the SEC on
May 18, 2011, which amended and supplemented Amendment No. 2 to
Schedule 13G filed with the SEC on February 23, 2011, which amended and
supplemented Amendment No. 1 to Schedule 13G filed with the SEC on July 22,
2009, which amended and supplemented the Schedule 13G originally filed with
the SEC on May 7, 2008 by the Reporting Persons. This Statement is being
filed with respect to an aggregate of 936,541 shares of Class A Common Stock,
resulting in beneficial ownership of Class A Common Stock as follows:
1. Bay Resource Partners, L.P.,
(a) Amount Beneficially owned: 163,770
Page 8 of 10 Pages
(b) Percent of Class: 1.2%
The percentages used herein and in the rest of Item 4 are calculated based on
13,412,897 shares of Class A Common Stock outstanding as of October 31, 2013,
as disclosed in the Issuer's most recent Quarterly Report on Form 10-Q
for the quarterly period ended September 30, 2012 as filed with the
SEC on November 1, 2013.
(c) (i) Sole power to vote or direct the vote: -0-
(ii) Shared power to vote or direct the vote: 163,770
(iii) Sole power to dispose or direct the disposition:-0-
(iv) Shared power to dispose or direct the disposition: 163,770
2. Bay II Resource Partners, L.P.
(a) Amount Beneficially owned:163,300
(b) Percent of Class: 1.2%
(c) (i) Sole power to vote or direct the vote: -0-
(ii) Shared power to vote or direct the vote: 163,300
(iii) Sole power to dispose or direct the disposition:-0-
(iv) Shared power to dispose or direct the disposition: 163,300
3. Bay Resource Partners Offshore Master Fund, L.P.
(a) Amount Beneficially owned: 338,278
(b) Percent of Class: 2.5%
(c) (i) Sole power to vote or direct the vote: -0-
(ii) Shared power to vote or direct the vote: 338,278
(iii) Sole power to dispose or direct the disposition: -0-
(iv) Shared power to dispose or direct the disposition:461,441
4. GMT Capital Corp.
(a) Amount Beneficially owned: 684,848
(b) Percent of Class: 5.1%
(c) (i) Sole power to vote or direct the vote: -0-
(ii) Shared power to vote or direct the vote: 684,848
(iii) Sole power to dispose or direct the disposition: -0-
(iv) Shared power to dispose or direct the disposition:684,848
5. Thomas E. Claugus
(a) Amount Beneficially owned: 704,848
(b) Percent of Class: 5.2%
(c) (i) Sole power to vote or direct the vote: 20,000
(ii) Shared power to vote or direct the vote: 684,848
(iii) Sole power to dispose or direct the disposition: 20,000
(iv) Shared power to dispose or direct the disposition:684,848
ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS.
N/A
ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON.
Page 9 of 10 Pages
GMT Capital, the general partner of Bay and Bay II, has the power
to direct the affairs of Bay and Bay II, including the voting and
disposition of shares. As the discretionary investment manager of
the Offshore Fund and certain other accounts, GMT Capital has power
to direct the voting and disposition of shares held by the Offshore Fund
and such accounts. Mr. Claugus is the President of GMT Capital and in that
capacity directs the operations of each of Bay and Bay II and the voting and
disposition of shares held by the Offshore Fund and separate client accounts
managed by GMT Capital.
ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED
THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY OR
CONTROL PERSON.
N/A
ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP.
See Item 2.
ITEM 9. NOTICE OF DISSOLUTION OF GROUP.
N/A
ITEM 10. CERTIFICATION.
By signing below I certify that, to the best of my
knowledge and belief, the securities referred to above were not acquired
and are not held for the purpose of or with the effect of changing or
influencing the control of the issuer of the securities and were not acquired
and are not held in connection with or as a participant in any
transaction having that purpose or effect.
SIGNATURE
After reasonable inquiry and to the best of my knowledge
and belief, I hereby certify that the information set forth in this
statement is true, complete and correct.
February 17, 2014
/s/ George E. Case, III
----------------------------------
George E. Case, III as Vice President
of GMT Capital Corp., for itself and
as the general partner of
(i) Bay Resource Partners, L.P. and
(ii) Bay II Resource Partners, L.P.,
and as the investment manager of
(iii) Bay Resource Partners Offshore
Master Fund, L.P. and (iv) certain
other accounts and for Thomas Claugus.
Page 10 of 10 Pages