13F-HR 1 d354709d13fhr.txt FORM 13F 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, 2012 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: RBS Partners, L.P. Address: 200 Greenwich Avenue Greenwich, CT 06830 Form 13F File Number: 28-2610 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: Adrian J. Maizey Title: Chief Financial Officer, ESL Investments, Inc., General Partner of RBS Partners, L.P. Phone: (203) 861-4600 Signature, Place, and Date of Signing: /s/ Adrian J. Maizey Greenwich, CT May 15, 2012 --------------------- -------------- ------------- (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 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: 15 Form 13F Information Table Value Total: 6,481,275 (in 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. No. Form 13F File Number Name 1 28-11470 ESL Investments, Inc. Explanatory Note: RBS Partners, L.P. ("RBS") hereby advises that ESL Investments, Inc. and RBS may be deemed to share investment discretion for purposes of Rule 13f-1(b) of the Securities Exchange Act of 1934 (the "Act") over certain 13(f) securities for which RBS exercises direct control. FORM 13F Information Table - Public Page 1 of 1

Column 1: Column 2: Column 3: Column 4: Column 5: Column 6 Column 7: Column 8: --------- --------- --------- ----------- ------------------- ---------- --------- ---------- ---------- -------- Fair Market Shares or Voting Authority Title of CUSIP Value Principal SH/ Put/ Investment Other ------------------------------ Name of Issuer Class Number (x $1,000) Amount PRN Call Discretion Managers (a) Sole (b) Shared (c) None -------------- --------- --------- ----------- ---------- --- ---- ---------- --------- ---------- ---------- -------- AUTONATION INC COM 05329W102 174,542 5,087,208 SH DEFINED 1 5,087,208 AUTONATION INC COM 05329W102 1,474,531 42,976,702 SH SOLE 0 42,976,702 AUTOZONE INC COM 053332102 201 540 SH DEFINED 1 540 AUTOZONE INC COM 053332102 717,217 1,929,039 SH SOLE 0 1,929,039 BIG LOTS INC COM 089302103 23,479 545,772 SH SOLE 0 545,772 CAPITAL ONE FINL CORP COM 14040H105 249,725 4,480,179 SH SOLE 0 4,480,179 CIT GROUP INC COM NEW 125581801 27,280 661,495 SH SOLE 0 661,495 GAP INC DEL COM 364760108 804,596 30,780,243 SH SOLE 0 30,780,243 GENWORTH FINL INC COM CL A 37247D106 78,310 9,412,311 SH SOLE 0 9,412,311 ISTAR FINL INC COM 45031U101 10,508 1,449,421 SH SOLE 0 1,449,421 ORCHARD SUPPLY HARDWARE STOR CL A 685691404 44,823 2,170,606 SH SOLE 0 2,170,606 ORCHARD SUPPLY HARDWARE STOR CL A 685691404 10 495 SH DEFINED 1 495 SEAGATE TECHNOLOGY PLC SHS G7945M107 27,526 1,020,998 SH SOLE 0 1,020,998 SEARS HLDGS CORP COM 812350106 727 10,977 SH DEFINED 1 10,977 SEARS HLDGS CORP COM 812350106 2,847,800 42,985,654 SH SOLE 0 42,985,654