0001140361-12-023540.txt : 20120508 0001140361-12-023540.hdr.sgml : 20120508 20120508125156 ACCESSION NUMBER: 0001140361-12-023540 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20120331 FILED AS OF DATE: 20120508 DATE AS OF CHANGE: 20120508 EFFECTIVENESS DATE: 20120508 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ADVENT CAPITAL MANAGEMENT /DE/ CENTRAL INDEX KEY: 0001097278 IRS NUMBER: 134168910 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-05049 FILM NUMBER: 12820550 BUSINESS ADDRESS: STREET 1: 30 BROAD STREET 30TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10004 BUSINESS PHONE: 2124821600 MAIL ADDRESS: STREET 1: 30 BROAD STREET 30TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10004 13F-HR 1 form13fhr.txt NONE UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F Form 13F COVER PAGE Report for the Calendar Year or Quarter Ended: 3/31/2012 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: Advent Capital Management Address: 1271 Ave of Americas 45th Floor New York, NY 10020 Form 13F File Number: 028-05049 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 submission. Persons Signing this Report on Behalf of Reporting Manager: Name: Paul L Latronica Title: Vice President Phone: 212-482-1606 Signature, Place, and Date of Signing: /s/ Paul L Latronica New York, NY 5/8/2012 --------------------------------- --------------------------------- ---------- [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).) List of Other Managers Reporting for this Manager: Form 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 Form 13F Information Table Entry Total: 289 Form 13F Information Table Value Total: $ 4,778,007 -------------- (In Thousands) List of Other Included Managers: Provide a numbered list of the name(s) and 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report. NONE
FORM 13F INFORMATION TABLE COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 ------------------------------------- -------------- --------- -------- ------------------ ---------- -------- --------------------- VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE ------------------------------------- -------------- --------- -------- --------- --- ---- ---------- -------- ---- ------ --------- ALCOA CONV 013817AT8 25922 15977000 PRN SOLE 0 0 15977000 AIRTRAN HOLDING CONV 00949PAD0 3063 2422000 PRN SOLE 0 0 2422000 APPLE COMPUTER INC COM 37833100 876 1500 SH SOLE 0 0 1500 SUBSEA 2.25% 2013 CONV 267243417 32730 26700000 PRN SOLE 0 0 26700000 ARCHER DANIELS CONV 039483AW2 31530 31089000 PRN SOLE 0 0 31089000 AMERICAN EQUITY 3.5% 2015 CONV 025676AJ6 14109 12139000 PRN SOLE 0 0 12139000 AMERICAN EQUITY CONV 025676AE7 436 434000 PRN SOLE 0 0 434000 AGCO CORP CONV 001084AM4 7617 6013000 PRN SOLE 0 0 6013000 ASPEN INSURANCE HLDS LTD 5.625% PFD CV G05384113 1473 26424 SH SOLE 0 0 26424 AAR CORP 1.625% CONV 000361AK1 6902 7292000 PRN SOLE 0 0 7292000 AAR CORP 2.25% CONV 000361AM7 1609 1785000 PRN SOLE 0 0 1785000 AIR LEASE CORP 3.875% 2018 144A CONV 00912XAA2 5522 5182000 PRN SOLE 0 0 5182000 ADVANCED MICRO DEVICES 6% 2015 CONV 007903AL1 19964 19324000 PRN SOLE 0 0 19324000 AFFILIATED MANAGERS CONV 008252AL2 58353 52779000 PRN SOLE 0 0 52779000 AMGEN INC B's CONV 031162AQ3 123234 119981000 PRN SOLE 0 0 119981000 AFRICAN MINERALS 8.5% 2017 CONV 742395287 8374 7400000 PRN SOLE 0 0 7400000 ANGLOGOLD HOLDINGS 144a CONV 03512QAA5 11032 10350000 PRN SOLE 0 0 10350000 ANGLOGOLD HOLDINGS REGS CONV 430548056 10872 10200000 PRN SOLE 0 0 10200000 ALPHA NATURAL RESOURCES CONV 02076XAA0 10647 11650000 PRN SOLE 0 0 11650000 MASSEY ENERGY CONV 576203AJ2 70303 77163000 PRN SOLE 0 0 77163000 APACHE CORP PFD CV 37411808 23751 447114 SH SOLE 0 0 447114 ARES CAPITAL CORP 5.125 2016 CONV 04010LAD5 29318 29028000 PRN SOLE 0 0 29028000 ARES CAPITAL CORP 5.75% CONV 04010LAA1 23899 23054000 PRN SOLE 0 0 23054000 ARES CAPITAL CORP CONV 04010LAF0 15274 15500000 PRN SOLE 0 0 15500000 ARCELOR MITTAL CONV 03938LAK0 55148 52345000 PRN SOLE 0 0 52345000 ALEXANDRIA REAL ESTATE PFD CV 15271505 25953 995494 SH SOLE 0 0 995494 ARRIS GROUP INC CONV 04269QAC4 12433 11843000 PRN SOLE 0 0 11843000 ALLEGHENY TECHNOLOGIES 4.25% CONV 01741RAD4 29127 22855000 PRN SOLE 0 0 22855000 Alliant Tech CONV 018804AK0 20858 20368000 PRN SOLE 0 0 20368000 ANIXTER INTERNATIONAL INC COM 35290105 686 10000 SH SOLE 0 0 10000 ANIXTER INTL CONV 035290AJ4 3594 2991000 PRN SOLE 0 0 2991000 BANK OF AMERICA CRP PFD CV 60505682 58796 60366 SH SOLE 0 0 60366 GENERAL CABLE CORP CONV 369300AD0 17867 18288000 PRN SOLE 0 0 18288000 GENERAL CABLE CORP 4.5% 11/15/2029 CONV 369300AL2 5354 5019000 PRN SOLE 0 0 5019000 SOTHEBY'S CONV 835898AC1 6384 5000000 PRN SOLE 0 0 5000000 BROOKDALE SENIOR LIVING CONV 112463AA2 8574 9047000 PRN SOLE 0 0 9047000 BIOMED REALTY CONV 09064AAB7 14065 11638000 PRN SOLE 0 0 11638000 BIOMARIN PHARM COM 09061G101 347 10000 SH SOLE 0 0 10000 PEABODY ENERGY CORP CONV 704549AG9 29076 30286000 PRN SOLE 0 0 30286000 BOSTON PROPERTIES CONV 10112RAM6 56130 51213000 PRN SOLE 0 0 51213000 BOSTON PROPERTIES CONV 10112RAG9 4553 3943000 PRN SOLE 0 0 3943000 CITIGROUP PFD 7.5% PFD CV 172967416 17795 182574 SH SOLE 0 0 182574 CACI International Inc. CONV 127190AD8 4658 3808000 PRN SOLE 0 0 3808000 AVIS BUDGET GROUP CONV 053774AB1 7968 6941000 PRN SOLE 0 0 6941000 CATEPILLAR INC COM 149123101 719 7000 SH SOLE 0 0 7000 CUBIST PHARM CONV 229678AC1 14013 9930000 PRN SOLE 0 0 9930000 CUBIST PHARMACEUTICALS 2.5% 11/1/2017 CONV 229678AD9 3419 2172000 PRN SOLE 0 0 2172000 CHEMED CORP CONV 16359RAC7 549 545000 PRN SOLE 0 0 545000 CHINA OVERSEAS CONV 296963571 6249 4800000 PRN SOLE 0 0 4800000 CHINA UNICOM 0.75% 2015 REG S CONV 546152645 20762 19200000 PRN SOLE 0 0 19200000 CHESAPEAKE ENERGY CONV 165167BW6 1737 1867000 PRN SOLE 0 0 1867000 CHESAPEAKE ENERGY 2.5% 5/15/37 CONV 165167BZ9 52569 60336000 PRN SOLE 0 0 60336000 CHESAPEAKE ENERGY 2.5% 2037 CONV 165167CA3 4555 5303000 PRN SOLE 0 0 5303000 CHESAPEAKE ENERGY 5.75% PREP PFD CV 165167784 2191 2530 SH SOLE 0 0 2530 CHARMING SHOPPES CONV 161133AE3 6494 6874000 PRN SOLE 0 0 6874000 CHINA UNICOM-ADR COM 16945R104 228 13125 SH SOLE 0 0 13125 CIENA CORP. CONV 171779AF8 39601 36303000 PRN SOLE 0 0 36303000 CENTERPOINT ENERGY PFD CV 15189T206 21846 587491 SH SOLE 0 0 587491 CONOCOPHILIPS COM 20825C104 1289 18000 SH SOLE 0 0 18000 CHARLES RIVER LAB 2.25% 2013 CONV 159864AB3 1457 1450000 PRN SOLE 0 0 1450000
FORM 13F INFORMATION TABLE COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 ------------------------------------- -------------- --------- -------- ------------------ ---------- -------- --------------------- VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE ------------------------------------- -------------- --------- -------- --------- --- ---- ---------- -------- ---- ------ --------- CSG SYSTEMS 144a CONV 126349AC3 4961 5144000 PRN SOLE 0 0 5144000 COVANTA HOLDINGS CONV 22282EAC6 11452 10100000 PRN SOLE 0 0 10100000 CEMEX SAB CONV 151290AV5 9930 11000000 PRN SOLE 0 0 11000000 DEVELOPERS DIVERSIFIED 1.75% CONV 251591AX1 22063 20370000 PRN SOLE 0 0 20370000 11/15/2040 DR HORTON CONV 23331ABB4 13840 10100000 PRN SOLE 0 0 10100000 DANAHER CORP CONV 235851AF9 5627 3569000 PRN SOLE 0 0 3569000 DIALOG 1% 2017 CONV 757015606 847 800000 PRN SOLE 0 0 800000 DISH NETWORK CORP COM 25470M109 160 5000 SH SOLE 0 0 5000 DFC GLOBAL CORP 3.25% 2017 144a CONV 23324TAA5 16966 16125000 PRN SOLE 0 0 16125000 DFC GLOBAL GROUP CONV 256664AC7 450 400000 PRN SOLE 0 0 400000 DENDREON CORP 2.875% CONV 24823QAC1 17893 22230000 PRN SOLE 0 0 22230000 DIAMOND OFFSHORE DRILLING, INC COM 25271C102 1371 20000 SH SOLE 0 0 20000 DARDEN RESTAURANTS COM 237194105 751 15000 SH SOLE 0 0 15000 DIGITAL RIVER 2% 11/1/30 CONV 25388BAD6 15433 16069000 PRN SOLE 0 0 16069000 DRYSHIPS INC 5% 12/1/14 CONV 262498AB4 7644 9350000 PRN SOLE 0 0 9350000 DST SYSTEMS C's CONV 233326AE7 16011 12722000 PRN SOLE 0 0 12722000 DUNE ENERGY IN COM 265338707 0 4 SH SOLE 0 0 4 EMC CORP CONV 268648AM4 56967 32038000 PRN SOLE 0 0 32038000 ENDO PHARMA HLDG CONV 29264FAB2 29450 22316000 PRN SOLE 0 0 22316000 EQUINIX INC CONV 29444UAG1 45194 28725000 PRN SOLE 0 0 28725000 ELECTRONIC ARTS INC CONV 285512AB5 59678 64577000 PRN SOLE 0 0 64577000 FORD MOTOR CONV 345370CN8 13315 8970000 PRN SOLE 0 0 8970000 FOREST CITY CONV 345550AK3 10603 8682000 PRN SOLE 0 0 8682000 FOREST CITY ENTERPRISES CONV 345550AN7 36005 34999000 PRN SOLE 0 0 34999000 FREEPORT-MCMORAN COPPER & GOLD COM 35671D857 575 15000 SH SOLE 0 0 15000 FIFTH THIRD BANK PFD CV 316773209 14633 103186 SH SOLE 0 0 103186 FIDELITY NATIONAL FINANCE 144A CONV 31620RAD7 34381 31322000 PRN SOLE 0 0 31322000 WILSON GREATBATCH CONV 39153LAB2 9008 9029000 PRN SOLE 0 0 9029000 GREENBRIER COS INC 3.5% CONV 393657AG6 16796 18582000 PRN SOLE 0 0 18582000 GOODRICH PETROLEUM CONV 382410AC2 19360 19836000 PRN SOLE 0 0 19836000 GAYLORD ENTERTAINMENT CONV 367905AE6 4853 3721000 PRN SOLE 0 0 3721000 GOLDCORP INC COM 380956409 3826 100000 SH SOLE 0 0 100000 GOLDCORP INC. CONV 380956AB8 60331 52576000 PRN SOLE 0 0 52576000 GILEAD SCIENCES CONV 375558AH6 955 685000 PRN SOLE 0 0 685000 GILEAD SCIENCES CONV 375558AN3 105142 82911000 PRN SOLE 0 0 82911000 GILEAD SCIENCES CONV 375558AP8 46561 35140000 PRN SOLE 0 0 35140000 GENERAL MOTORS CO COM 37045V100 14398 626008 SH SOLE 0 0 626008 GENERAL MOTORS CO CV PREF PFD CV 37045V209 15255 390760 SH SOLE 0 0 390760 GROUP 1 AUTO INC CONV 398905AE9 24513 21870000 PRN SOLE 0 0 21870000 HEALTH CARE REIT INC 6.5% PFD CV 42217K601 1071 20000 SH SOLE 0 0 20000 HEALTH CARE REIT CONV 42217KAQ9 3414 2991000 PRN SOLE 0 0 2991000 HEALTH CARE REIT INC. CONV 42217KAR7 70100 60552000 PRN SOLE 0 0 60552000 HEALTHSOUTH 6.5% PFD PFD CV 421924408 29862 28918 SH SOLE 0 0 28918 HELIX ENERGY SOLUTIONS CONV 42330PAG2 1726 1500000 PRN SOLE 0 0 1500000 HOLOGIC INC CONV 436440AA9 295 297000 PRN SOLE 0 0 297000 HOLOGIC INC CONV 436440AB7 13786 12735000 PRN SOLE 0 0 12735000 HOLOGIC INC CONV 436440AC5 62805 66817000 PRN SOLE 0 0 66817000 HONHAI 0% 2013 CONV 547488840 7596 7600000 PRN SOLE 0 0 7600000 HORNBECK OFFSHORE CONV 440543AE6 9390 8667000 PRN SOLE 0 0 8667000 HOST HOTELS & RESORTS LP CONV 44107TAG1 10126 7495000 PRN SOLE 0 0 7495000 INTEGRA LIFESCIENCES HLD CONV 457985AJ8 1879 2000000 PRN SOLE 0 0 2000000 ICONIX BRAND GROUP INC CONV 451055AC1 36125 38447000 PRN SOLE 0 0 38447000 INTERDIGITAL INC 2.5% CONV 458660AB3 10417 10689000 PRN SOLE 0 0 10689000 INTL GAME TECH CONV 459902AQ5 71390 64686000 PRN SOLE 0 0 64686000 ILLUMINA INC COM 452327109 980 22000 SH SOLE 0 0 22000 ILLUMINA INC 0 1/4 2016 CONV 452327AC3 71345 77433000 PRN SOLE 0 0 77433000 INMARSAT PLC CONV 331843523 4022 3300000 PRN SOLE 0 0 3300000 INTEL CORP CONV 458140AD2 39262 34394000 PRN SOLE 0 0 34394000 INTEL CORP CONV 458140AF7 38061 27167000 PRN SOLE 0 0 27167000
FORM 13F INFORMATION TABLE COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 ------------------------------------- -------------- --------- -------- ------------------ ---------- -------- --------------------- VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE ------------------------------------- -------------- --------- -------- --------- --- ---- ---------- -------- ---- ------ --------- INTERPUBLIC GROUP 5.25% PFD CV 460690803 6619 6157 SH SOLE 0 0 6157 INTERPUBLIC GROUP CONV 460690BE9 37493 33198000 PRN SOLE 0 0 33198000 INGERSOLL RAND CO. COM 43946358 765 18000 SH SOLE 0 0 18000 ISIS PHARMACEUTICAL CONV 464337AE4 29118 30122000 PRN SOLE 0 0 30122000 Illinois Tool Works COM 452308109 574 10000 SH SOLE 0 0 10000 JAGUAR MINING CONV 47009MAG8 2967 4260000 PRN SOLE 0 0 4260000 JAIPRAKASH ASSOCIATES CONV 312165599 1225 870000 PRN SOLE 0 0 870000 JEFFERIES GROUP CONV 472319AG7 15261 16320000 PRN SOLE 0 0 16320000 JOHNSON & JOHNSON COM 478160104 651 10000 SH SOLE 0 0 10000 JANUS CAPITAL GROUP CONV 47102XAG0 24924 24038000 PRN SOLE 0 0 24038000 JPMORGAN CHASE & CO COM 46625H100 765 17800 SH SOLE 0 0 17800 KAMAN CORP 3.25% 11/15/2017 CONV 483548AD5 3091 2542000 PRN SOLE 0 0 2542000 KEY CORP PFD CV 493267405 39149 351838 SH SOLE 0 0 351838 KKR FINANCIAL CONV 48248AAD0 13030 9249000 PRN SOLE 0 0 9249000 KINROSS GOLD CONV 496902AD9 8223 8294000 PRN SOLE 0 0 8294000 KIMBERLY CLARK CORP COM 494368103 1256 16000 SH SOLE 0 0 16000 KILROY REALTY LP CONV 49427RAC6 4633 3377000 PRN SOLE 0 0 3377000 LIBERTY MEDIA/AOL CONV 530718AF2 12366 10289000 PRN SOLE 0 0 10289000 LARSEN & TOUBRO CONV 457843398 4690 4700000 PRN SOLE 0 0 4700000 LENNAR CORP CONV 526057BC7 13562 11487000 PRN SOLE 0 0 11487000 LENNAR CORP 2.75% 12/15/2020 CONV 526057BE3 11050 7772000 PRN SOLE 0 0 7772000 LAB CORP CONV 50540RAG7 3801 3229000 PRN SOLE 0 0 3229000 LIFE TECHNOLOGIES COM 53217V109 1178 25400 SH SOLE 0 0 25400 L-3 COMMUNICATIONS CONV 502413AW7 38031 38824000 PRN SOLE 0 0 38824000 LINEAR TECH A's CONV 535678AC0 46612 44302000 PRN SOLE 0 0 44302000 LINCARE HOLDINGS 2.75% B'S 11/1/37 CONV 532791AF7 27155 25293000 PRN SOLE 0 0 25293000 LIFEPOINT HOSPITAL CONV 53219LAH2 36017 34519000 PRN SOLE 0 0 34519000 LAM RESEARCH CORP COM 512807108 1200 28800 SH SOLE 0 0 28800 LAM RESEARCH CORP "A" CONV 512807AH1 39985 40171000 PRN SOLE 0 0 40171000 LAM RESEARCH CORP "B" CONV 512807AK4 11005 10928000 PRN SOLE 0 0 10928000 LIMITED BRANDS INC COM 532716107 994 20000 SH SOLE 0 0 20000 LUCENT TECHNOLOGIES PFD CV 549462307 8696 11078 SH SOLE 0 0 11078 LUCENT TECHNOLOGIES INC.2.7500 CONV 549463AH0 47313 47802000 PRN SOLE 0 0 47802000 LUKOIL 2.625% 2015 CONV 563898062 59079 55000000 PRN SOLE 0 0 55000000 Microchip Technology Inc. COM 595017104 707 20000 SH SOLE 0 0 20000 MEDTRONIC INC CONV 585055AM8 38660 38365000 PRN SOLE 0 0 38365000 MEDIVATION INC COM 58501N101 607 7500 SH SOLE 0 0 7500 MEDIVATION INC 2.625% 2017 CONV 58501NAA9 2288 2053000 PRN SOLE 0 0 2053000 MENTOR GRAPHICS 4% 2031 CONV 587200AK2 16515 15423000 PRN SOLE 0 0 15423000 METLIFE INC 5% PFD CV 59156R116 44686 646005 SH SOLE 0 0 646005 MGM MIRAGE CONV 55303QAE0 78164 73568000 PRN SOLE 0 0 73568000 MANKIND CORP COM 56400P201 1028 459757 SH SOLE 0 0 459757 MTR GAMING GROUP INC COM 553769100 167 32835 SH SOLE 0 0 32835 MOLINA HEALTHCARE INC. CONV 60855RAA8 16043 14210000 PRN SOLE 0 0 14210000 LIBERTY MEDIA CONV 530715AN1 20142 33500000 PRN SOLE 0 0 33500000 MICROSOFT CORP CONV 594918AE4 44897 41137000 PRN SOLE 0 0 41137000 ARVINMERITOR CONV 043353AF8 11131 12400000 PRN SOLE 0 0 12400000 MERITOR INC CONV 043353AH4 15739 19776000 PRN SOLE 0 0 19776000 MICRON TECHNOLOGY INC CONV 595112AK9 653 719000 PRN SOLE 0 0 719000 MICRON TECHNOLOGY INC. CONV 595112AL7 24119 26276000 PRN SOLE 0 0 26276000 MICRON TECH 2032 144a 2.375% 144a CONV 595112AN3 8613 9000000 PRN SOLE 0 0 9000000 MYLAN INC. CONV 628530AJ6 6309 3606000 PRN SOLE 0 0 3606000 NAVISTAR INTERNATIONAL CONV 63934EAL2 49486 47675000 PRN SOLE 0 0 47675000 NextEra Energy Inc. PFD CV 65339F507 3367 63000 SH SOLE 0 0 63000 NEWMONT MINING CORP COM 651639106 953 20000 SH SOLE 0 0 20000 NEWMONT MINING A's CONV 651639AH9 26236 21423000 PRN SOLE 0 0 21423000 ANNALY CAPITAL MANAGEMENT COM 35710409 775 47500 SH SOLE 0 0 47500 ANNALY CAPITAL CONV 035710AA0 19939 16747000 PRN SOLE 0 0 16747000 NATL RETAIL PROPERTY CONV 637417AA4 1071 925000 PRN SOLE 0 0 925000 NATIONAL RETAIL PROPERTY CONV 637417AC0 17371 15358000 PRN SOLE 0 0 15358000
FORM 13F INFORMATION TABLE COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 ------------------------------------- -------------- --------- -------- ------------------ ---------- -------- --------------------- VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE ------------------------------------- -------------- --------- -------- --------- --- ---- ---------- -------- ---- ------ --------- NOBLE GROUP LTD 0% 2014 CONV 301628383 12528 8920000 PRN SOLE 0 0 8920000 NEWPARK RESOURCE 4% 2017 CONV 651718AC2 12471 12557000 PRN SOLE 0 0 12557000 NETAPP INC CONV 64110DAB0 44176 34103000 PRN SOLE 0 0 34103000 NUANCE COMMUNICATIONS 144a 2031 CONV 67020YAC4 9578 8548000 PRN SOLE 0 0 8548000 NUVASIVE INCE 2.75% CONV 670704AC9 6889 7981000 PRN SOLE 0 0 7981000 NEWELL FIN PFD 5.25% 12/01/27 PFD CV 651195307 25950 552375 SH SOLE 0 0 552375 OMNICARE CONV 681904AL2 21241 22155000 PRN SOLE 0 0 22155000 OMNICARE INC 3.75% '42 CONV 681904AP3 13915 14000000 PRN SOLE 0 0 14000000 OWENS-ILLINOIS INC CONV 69073TAQ6 60516 62051000 PRN SOLE 0 0 62051000 OMNICOM GROUP CONV 682134AA9 19431 17671000 PRN SOLE 0 0 17671000 ON SEMICONDUCTOR CONV 682189AG0 27535 25466000 PRN SOLE 0 0 25466000 ON SEMICONDUCTOR 2.625 2026 CONV 682189AH8 14846 13133000 PRN SOLE 0 0 13133000 ONYX PHARMACEUTICALS COM 683399109 341 7500 SH SOLE 0 0 7500 ONYX PHARMACEUTICALS CONV 683399AB5 11346 8143000 PRN SOLE 0 0 8143000 ORBITAL SCIENCES CONV 685564AN6 11189 11288000 PRN SOLE 0 0 11288000 OLD REPUBLIC INTL CONV 680223AF1 15544 15510000 PRN SOLE 0 0 15510000 OLD REPUUBLIC INTL CORP 3.75% CONV 680223AH7 6020 6201000 PRN SOLE 0 0 6201000 Occidental Petroleum Corp COM 674599105 912 10000 SH SOLE 0 0 10000 PALADIN ENERGY 5% 03/11/13 CONV 349087451 8975 9000000 PRN SOLE 0 0 9000000 KHAZANAH INTO PARKSON 0% 19 CONV 759986432 7783 8000000 PRN SOLE 0 0 8000000 PACCAR INC COM 693718108 859 20000 SH SOLE 0 0 20000 PRICELINE.COM CONV 741503AM8 4645 1842000 PRN SOLE 0 0 1842000 PRICELINE.COM 2018 1% CONV 741503AP1 52672 47665000 PRN SOLE 0 0 47665000 PATRIOT COAL CORP. 3.25% 5/31/13 CONV 70336TAA2 9293 9695000 PRN SOLE 0 0 9695000 PDL BIO PHARMA 2% CONV 69329YAC8 4222 4058000 PRN SOLE 0 0 4058000 PHOTRONICS INC 3.25% CONV 719405AG7 9272 9352000 PRN SOLE 0 0 9352000 PROLOGIS CONV 74340XAT8 2182 1916000 PRN SOLE 0 0 1916000 INSULET CORP 2016 3.75 CONV 45784PAC5 610 600000 PRN SOLE 0 0 600000 PPL CORPORATION 9.5% PFD PFD CV 69351T601 554 10379 SH SOLE 0 0 10379 PPL CORPORATION 8.75% PFD CV 69351T114 8796 170938 SH SOLE 0 0 170938 PREMIER OIL FINANCE CONV 304206161 6104 5300000 PRN SOLE 0 0 5300000 PROSPECT CAPITAL GROUP CONV 74348TAD4 445 450000 PRN SOLE 0 0 450000 PROSPECT CAPITAL CORP 5.375% CONV 74348TAF9 3477 3500000 PRN SOLE 0 0 3500000 PHILLIPS 66 COM 718546104 303 9000 SH SOLE 0 0 9000 PIONEER NATURAL RESOURCES CO. CONV 723787AH0 1211 600000 PRN SOLE 0 0 600000 QBE FUNDING TRUST CONV 506038909 9595 15200000 PRN SOLE 0 0 15200000 Qiagen NV 1.5% 8/18/24 CONV 198529116 4235 3210000 PRN SOLE 0 0 3210000 QIAGEN CONV 254367179 13098 11600000 PRN SOLE 0 0 11600000 ULTRASHORT QQQ PROSHARES COM 74347X237 921 30000 SH SOLE 0 0 30000 RITE AID COM 767754104 137 94500 SH SOLE 0 0 94500 REGIS CORP 5% 7/15/14 CONV 758932AA5 5205 3930000 PRN SOLE 0 0 3930000 ROVI CORP CONV 779376AB8 29252 28659000 PRN SOLE 0 0 28659000 RADIOSHACK CORP CONV 750438AC7 36793 38781000 PRN SOLE 0 0 38781000 RAYONIER INC CONV 75508AAB2 2757 2206000 PRN SOLE 0 0 2206000 RAYONIER INC CONV 75508AAC0 8445 5936000 PRN SOLE 0 0 5936000 SONIC AUTOMOTIVE INC CONV 83545GAQ5 9168 6240000 PRN SOLE 0 0 6240000 SBA COMMUNICATION CONV 78388JAN6 28937 21997000 PRN SOLE 0 0 21997000 SBRA HEALTH CARE REIT INC COM 78573L106 837 50000 SH SOLE 0 0 50000 SHENGDATECH INC 6.5% CONV 823213AD5 75 3550000 PRN SOLE 0 0 3550000 SMITHFIELD FOODS CONV 832248AR9 13060 11842000 PRN SOLE 0 0 11842000 SEATTLE GENETICS INC COM 812578102 297 15000 SH SOLE 0 0 15000 STONE ENERGY 1.75% 2017 CONV 861642AL0 29775 30875000 PRN SOLE 0 0 30875000 Shire plc 2.75% 14 CONV 299687482 21991 18630000 PRN SOLE 0 0 18630000 SIEMENS FINANCIERINGSMAT CONV 00A1G0WA1 16186 16500000 PRN SOLE 0 0 16500000 SIEMENS 1.65% 2019 CONV 00A1G0WC7 3191 3250000 PRN SOLE 0 0 3250000 SIRIUS XM RADIO CONV 98375YAU0 15706 10816000 PRN SOLE 0 0 10816000 SAKS HOLDINGS CONV 79377WAL2 27546 25859000 PRN SOLE 0 0 25859000 SL GREEN OPERTATING PARTNERS CONV 78444FAC0 40130 34463000 PRN SOLE 0 0 34463000 SALIX PHARMACEUTICAL CONV 795435AC0 7237 5605000 PRN SOLE 0 0 5605000 SALIX PHARMACEUTICALS 1.5% CONV 795435AD8 23778 23380000 PRN SOLE 0 0 23380000
FORM 13F INFORMATION TABLE COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 ------------------------------------- -------------- --------- -------- ------------------ ---------- -------- --------------------- VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE ------------------------------------- -------------- --------- -------- --------- --- ---- ---------- -------- ---- ------ --------- SANDISK CORP COM 80004C101 2061 55700 SH SOLE 0 0 55700 SANDISK CORP 1.5% CONV 80004CAD3 57893 55812000 PRN SOLE 0 0 55812000 SYNOVUS FINANCIAL CORP PFD PFD CV 87161C204 2276 115400 SH SOLE 0 0 115400 SANOFI-AVENTIS ADR COM 80105N105 1909 50000 SH SOLE 0 0 50000 STEWART ENTERPRISES CONV 860370AH8 6110 6205000 PRN SOLE 0 0 6205000 STEEL DYNAMICS CONV 858119AP5 28340 26111000 PRN SOLE 0 0 26111000 STILLWATER MINING COMPANY CONV 86074QAF9 753 763000 PRN SOLE 0 0 763000 STANLEY BLACK & DECKER 4.75% PFD CV 854502309 34351 287453 SH SOLE 0 0 287453 SYMANTEC CORP COM 871503108 5652 341800 SH SOLE 0 0 341800 SYMANTEC CONV 871503AF5 47217 44307000 PRN SOLE 0 0 44307000 AT&T CORP.CMN COM 00206R102 1251 38000 SH SOLE 0 0 38000 MOLSON COORS CONV 60871RAA8 26100 25314000 PRN SOLE 0 0 25314000 TATA STEEL LTD 4.5% 11/21/2014 CONV 466930780 648 656000 PRN SOLE 0 0 656000 TEVA PHARMACEUTICAL C's CONV 88163VAE9 1931 1769000 PRN SOLE 0 0 1769000 TELEFLEX INC 3.875% CONV 879369AA4 13349 11293000 PRN SOLE 0 0 11293000 THERAVANCE INC. COM 88338T104 325 15000 SH SOLE 0 0 15000 TIBCO SOFTWARE INC CONV 88632QAA1 28876 28350000 PRN SOLE 0 0 28350000 TIFFANY & CO COM 886547108 719 10500 SH SOLE 0 0 10500 TITAN MACHINERY 2019 3.75% 144a CONV 88830RAA9 7033 6500000 PRN SOLE 0 0 6500000 DEALERTRACK HOLDINGS 1.5% 2017 CONV 242309AA0 4438 4200000 PRN SOLE 0 0 4200000 TRINITY INDUSTRIES INC CONV 896522AF6 45076 42611000 PRN SOLE 0 0 42611000 TRW AUTOMOTIVE 3.5% 12/01/15 CONV 87264MAH2 2246 1300000 PRN SOLE 0 0 1300000 TTM TECHNOLOGIES 3.25% 5/15/15 CONV 87305RAC3 29303 28076000 PRN SOLE 0 0 28076000 TAKE-TWO INTERACTIVE CONV 874054AA7 7901 5456000 PRN SOLE 0 0 5456000 TAKE TWO INTERACTIVE 1.75% 2016 CONV 874054AB5 19421 19209000 PRN SOLE 0 0 19209000 TOWER GROUP INC CONV 891777AC8 10385 9771000 PRN SOLE 0 0 9771000 TEXTRON INC CONV 883203BN0 2734 1330000 PRN SOLE 0 0 1330000 CONTINENTAL AIRLINES CONV 210795PU8 9105 6610000 PRN SOLE 0 0 6610000 UBISYS CORP 6.25% PFD CV 909214405 1189 20000 SH SOLE 0 0 20000 UMC 0% 2016 CONV 628626375 11086 11100000 PRN SOLE 0 0 11100000 UNION PACIFIC CORPORATION COM 907818108 1124 10000 SH SOLE 0 0 10000 UNITED THERAPEUTICS CONV 91307CAE2 12078 10872000 PRN SOLE 0 0 10872000 VEDANTA RESOURCES JERSEY CONV 434722087 1039 1100000 PRN SOLE 0 0 1100000 VEDANTA RESOURCES JERSEY 4% CONV 493253396 5098 5300000 PRN SOLE 0 0 5300000 VIGRIN MEDIA CONV 92769LAB7 15414 10193000 PRN SOLE 0 0 10193000 VERTEX PHARMACEUTICALS 3.35% CONV 92532FAN0 4107 3645000 PRN SOLE 0 0 3645000 VISHAY INTERTECHNOLOGY 2.25% CONV 928298AG3 7506 7679000 PRN SOLE 0 0 7679000 11/15/2040 VISHAY INTERTECH 144a 2.25% CONV 928298AJ7 1203 1461000 PRN SOLE 0 0 1461000 VERIZON COMMUNICATIONS INC COM 92343V104 1086 26900 SH SOLE 0 0 26900 WEBMD HEALTH 2.5% CONV 94770VAF9 66422 77086000 PRN SOLE 0 0 77086000 WELLS FARGO CORP PFD CV 949746804 67018 59626 SH SOLE 0 0 59626 WILMAR 0% 2012 CONV 334272712 7358 6200000 PRN SOLE 0 0 6200000 WALTER INDS INC (NEW)CMN COM 93317Q105 663 10000 SH SOLE 0 0 10000 WABASH NATIONAL CORP 3.375 '18 CONV 929566AH0 4274 4150000 PRN SOLE 0 0 4150000 WYNN RESORTS LTD COM 983134107 10252 76848 SH SOLE 0 0 76848 US STEEL CORP. CONV 912909AE8 12995 11252000 PRN SOLE 0 0 11252000 XILINX CONV 983919AF8 2962 2205000 PRN SOLE 0 0 2205000 IXIA 3% 144A CONV 45071RAB5 16554 15769000 PRN SOLE 0 0 15769000 YRC WORLDWIDE INC COM 984249102 9 1214 SH SOLE 0 0 1214 YRCW PFD COM 984249201 136 16512 SH SOLE 0 0 16512