-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, SYppnEGI/U4GQcLFz8ZdvPx9GUoIE5SFoCqXx/k9njizVYme95x7x4ayppfy6SOw WviBjEBUXHXdTcQaXfQTAg== 0001193125-10-260465.txt : 20101115 0001193125-10-260465.hdr.sgml : 20101115 20101115150007 ACCESSION NUMBER: 0001193125-10-260465 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20100930 FILED AS OF DATE: 20101115 DATE AS OF CHANGE: 20101115 EFFECTIVENESS DATE: 20101115 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Canal Insurance CO CENTRAL INDEX KEY: 0001313473 IRS NUMBER: 570133332 STATE OF INCORPORATION: SC FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-11026 FILM NUMBER: 101191649 BUSINESS ADDRESS: STREET 1: P.O. BOX 7 CITY: GREENVILLE STATE: SC ZIP: 29602 BUSINESS PHONE: 864-250-9291 MAIL ADDRESS: STREET 1: P.O. BOX 7 CITY: GREENVILLE STATE: SC ZIP: 29602 13F-HR 1 d13fhr.txt FORM 13F-HR UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F FORM 13F COVER PAGE Report for the Calendar Year or Quarter Ended: September 30, 2010 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: Canal Insurance Co. Address: P.O. Box 7 Greenville, SC 29602 Form 13F File Number: 28-11026 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 al required items, statements, schedules, lists, and tables, are considered integral parts of this form. Person Signing this Report on Behalf of Reporting Manager: Name: Rick Timmons Title: Secretary, Treasurer & Senior Vice President - Investments Phone: (864) 250-9291 Signature, Place, and Date of Signing: Greenville, /s/ William R. Timmons, III South Carolina November 15, 2010 - --------------------------- ------------------- ----------------- [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).) Number of Other Included Mangers: None Form 13F Information Table Entry Total: 113 Form 13F Information Table Value Total: (thousands) 298,456 List of Other Included Mangers: None 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. None Canal Insurance Company and Canal Indemnity Company SEC 13-F as of 9/30/2010
Market VOTING AUTHORITY Title Value Shares/Par Investment --------------------- Name of Issuer of Class CUSIP (1000's) Value SH/PRN Discretion Sole Shared None - ---------------------------------- -------- ----------- -------- ---------- ------ ---------- --------- ------ ---- AMERIGROUP CORP 2.00% Conv Bond BOND 03073T-AB-8 1,836 1,600,000 PRN Sole 1,600,000 CSG SYSTEMS INT'L 2.50% Conv Bd BOND 126349-AB-5 990 1,000,000 PRN Sole 1,000,000 CERADYNE INC 2.875% Conv Corp Bd BOND 156710-AA-3 2,832 2,875,000 PRN Sole 2,875,000 COVANTA HOLDING 1.00% Conv Bd BOND 22282E-AA-0 725 750,000 PRN Sole 750,000 ENERSYS 3.375% Convertible Bond BOND 29275Y-AA-0 1,008 1,000,000 PRN Sole 1,000,000 LEUCADIA NATL 3.75% Conv Corp Bd BOND 527288-AX-2 1,422 1,190,000 PRN Sole 1,190,000 MEDICIS PHRM 2.50% Conv Corp Bd BOND 58470K-AA-2 1,084 1,000,000 PRN Sole 1,000,000 NUANCE COMMUNIC 2.75% Conv Bds BOND 67020Y-AB-6 1,086 1,000,000 PRN Sole 1,000,000 TRANSOCEAN INC 1.50% Conv Bd BOND 893830-AW-9 2,678 2,800,000 PRN Sole 2,800,000 WORLD ACCEP CORP 3.00% Conv Nts BOND 981417-AB-4 1,629 1,650,000 PRN Sole 1,650,000 AAR CORP COM 000361-10-5 308 16,500 SH Sole 16,500 AGL RESOURCE INC. COM 001204-10-6 430 11,200 SH Sole 11,200 AOL INC COM 00184X-10-5 75 3,030 SH Sole 3,030 AT&T INC COM 00206R-10-2 5,620 196,500 SH Sole 196,500 ABBOTT LABORATORIES COM 002824-10-0 522 10,000 SH Sole 10,000 AETNA INC COM 00817Y-10-8 1,581 50,000 SH Sole 50,000 ALTRIA GROUP INC COM 02209S-10-3 144 6,000 SH Sole 6,000 AMERICAN MOVIL SAB de CV NVP ADR COM 02364W-10-5 1,989 37,300 SH Sole 37,300 AMGEN INC COM 031162-10-0 1,653 30,000 SH Sole 30,000 ANADARKO PETROLEUM CORP COM 032511-10-7 4,564 80,000 SH Sole 80,000 APACHE CORP COM 037411-10-5 1,955 20,000 SH Sole 20,000 AVIAT NETWORKS INC COM 05366Y-10-2 41 9,936 SH Sole 9,936 BP AMOCO P L C ADR COM 055622-10-4 3,798 92,240 SH Sole 92,240 BABCOCK & WILCOX CO New COM 05615F-10-2 1,596 75,000 SH Sole 75,000 BARD-C R-INC COM 067383-10-9 3,941 48,400 SH Sole 48,400 BARRICK GOLD CORP COM 067901-10-8 2,758 59,576 SH Sole 59,576 BAXTER INTERNATIONAL INC COM 071813-10-9 3,340 70,000 SH Sole 70,000 BECTON DICKINSON COM 075887-10-9 2,964 40,000 SH Sole 40,000 WR BERKLEY CORP COM 084423-10-2 81 3,000 SH Sole 3,000 BHP BILLITON LTD COM 088606-10-8 8,395 110,000 SH Sole 110,000 BRISTOL MYERS SQUIBB CO COM 110122-10-8 3,566 131,549 SH Sole 131,549 BROCADE COMMUNICATIONS SYSTEMS COM 111621-30-6 292 50,000 SH Sole 50,000 CVS CAREMARK CORP COM 126650-10-0 944 30,000 SH Sole 30,000 CAMPBELL SOUP CO COM 134429-10-9 1,430 40,000 SH Sole 40,000 CANADIAN PACIFIC RAILWAY LTD COM 13645T-10-0 2,900 47,600 SH Sole 47,600 CENOVUS ENERGY INC COM 15135U-10-9 2,877 100,000 SH Sole 100,000 CHEVRON CORP COM 166764-10-0 7,233 89,240 SH Sole 89,240 CISCO SYSTEMS COM 17275R-10-2 8,463 386,435 SH Sole 386,435 CONOCOPHILLIPS COM 20825C-10-4 8,040 140,000 SH Sole 140,000 CYBERONICS INC COM 23251P-10-2 460 17,250 SH Sole 17,250 DIEBOLD INC COM 253651-10-3 1,865 60,000 SH Sole 60,000 DIREXION DAILY FINL BEAR ETF COM 25459W-49-0 2,007 150,000 SH Sole 150,000 DOMINION RESOURCES INC COM 25746U-10-9 1,507 34,528 SH Sole 34,528 DUPONT DENEMOURS & CO COM 263534-10-9 937 21,000 SH Sole 21,000 DUKE ENERGY HOLDING CORPORATION COM 26441C-10-5 4,215 238,000 SH Sole 238,000 EMC CORP COM 268648-10-2 4,703 231,553 SH Sole 231,553 EL PASO CORP COM 28336L-10-9 2,600 210,000 SH Sole 210,000 ENCANA CORPORATION COM 292505-10-4 3,023 100,000 SH Sole 100,000 ENERGEN CORP COM 29265N-10-8 457 10,000 SH Sole 10,000 EXXON MOBIL CORP COM 30231G-10-2 8,651 140,000 SH Sole 140,000 FLUOR CORP NEW COM 343412-10-2 1,981 40,000 SH Sole 40,000 FLOWERS FOODS COM 343498-10-1 1,510 60,775 SH Sole 60,775
FREEPORT MCMORAN COPPER & GOLD COM 35671D-85-7 629 7,370 SH Sole 7,370 FRONTIER COMMUNICATIONS CORP COM 35906A-10-8 157 19,203 SH Sole 19,203 GENERAL DYNAMICS CORPORATION COM 369550-10-8 1,256 20,000 SH Sole 20,000 GENERAL ELECTRIC CO COM 369604-10-3 4,144 255,000 SH Sole 255,000 GLOBAL PAYMENTS INC COM 37940X-10-2 2,316 54,000 SH Sole 54,000 HARRIS CORP COM 413875-10-5 1,772 40,000 SH Sole 40,000 HEWLETT PACKARD COMPANY COM 428236-10-3 6,731 160,000 SH Sole 160,000 HOME DEPOT INC COM 437076-10-2 2,534 80,000 SH Sole 80,000 INTEL CORP COM 458140-10-0 1,923 100,000 SH Sole 100,000 INTERNATIONAL BUSINESS MACHS CORP COM 459200-10-1 12,207 91,000 SH Sole 91,000 JPMORGAN CHASE & CO COM 46625H-10-0 4,949 130,000 SH Sole 130,000 JOHNSON & JOHNSON COM 478160-10-4 7,435 120,000 SH Sole 120,000 KRAFT FOODS INC COM 50075N-10-4 157 5,076 SH Sole 5,076 L-3 COMMUNICATIONS HLDGS COM 502424-10-4 723 10,000 SH Sole 10,000 LEVEL 3 COMMUNICATIONS INC COM 52729N-10-0 361 385,000 SH Sole 385,000 LINCOLN NATIONAL CORP COM 534187-10-9 544 22,734 SH Sole 22,734 LOCKHEED MARTIN CORPORATION COM 539830-10-9 5,702 80,000 SH Sole 80,000 MCDERMOTT INTERNATIONAL INC COM 580037-10-9 2,217 150,000 SH Sole 150,000 MERCK & COMPANY New COM 58933Y-10-5 5,522 150,000 SH Sole 150,000 MICROSOFT CORP COM 594918-10-4 8,082 330,000 SH Sole 330,000 MONSANTO COMPANY COM 61166W-10-1 491 10,234 SH Sole 10,234 MOTOROLA INC COM 620076-10-9 853 100,000 SH Sole 100,000 NATIONAL SEMICONDUCTOR COM 637640-10-3 766 60,000 SH Sole 60,000 NEWMONT MINING CORP COM 651639-10-6 4,244 67,561 SH Sole 67,561 NEXTERA ENERGY INC COM 65339F-10-1 2,502 46,000 SH Sole 46,000 NORTHROP GRUMMAN CORP COM 666807-10-2 3,378 55,712 SH Sole 55,712 NUANCE COMMUNICATIONS INC COM 67020Y-10-0 1,877 120,000 SH Sole 120,000 ORBITAL SCIENCES CORP COM 685564-10-6 1,478 96,600 SH Sole 96,600 PALL CORP COM 696429-30-7 1,249 30,000 SH Sole 30,000 PFIZER INC COM 717081-10-3 3,538 206,050 SH Sole 206,050 PHILIP MORRIS INTERNATIONAL COM 718172-10-9 168 3,000 SH Sole 3,000 PIEDMONT NATURAL GAS COMPANY INC COM 720186-10-5 7,061 243,477 SH Sole 243,477 PROGRESS ENERGY INC COM 743263-10-5 1,777 40,000 SH Sole 40,000 ULTRASHORT S&P 500 PROSHARES ETF COM 74347R-88-3 11,836 400,000 SH Sole 400,000 QUALCOMM INC COM 747525-10-3 902 20,000 SH Sole 20,000 RAYTHEON CO COM 755111-50-7 6,102 133,500 SH Sole 133,500 SARA LEE CORP COM 803111-10-3 1,369 101,900 SH Sole 101,900 SCANA CORP COM 80589M-10-2 1,855 46,000 SH Sole 46,000 SCANSOURCE INC. COM 806037-10-7 2,771 99,900 SH Sole 99,900 SCHLUMBERGER LTD COM 806857-10-8 4,990 81,000 SH Sole 81,000 THE SOUTH FINANCIAL GROUP INC COM 837841-10-5 294 1,036,922 SH Sole 1,036,922 SPECTRA ENERGY CORP COM 847560-10-9 3,495 155,000 SH Sole 155,000 STRYKER CORP COM 863667-10-1 1,001 20,000 SH Sole 20,000 SYMANTEC CORP COM 871503-10-8 1,365 90,000 SH Sole 90,000 TELEFONICA S.A. ADR COM 879382-20-8 501 6,752 SH Sole 6,752 TELEFONOS DE MEXICO S.A.B. DE C.V. COM 879403-78-0 1,493 100,000 SH Sole 100,000 TEMPLETON CHINA WORLD FUND COM 88018X-10-2 757 20,000 SH Sole 20,000 TEXAS INSTRUMENTS INC COM 882508-10-4 1,357 50,000 SH Sole 50,000 THERMO FISHER SCIENTIFIC INC COM 883556-10-2 958 20,000 SH Sole 20,000 TRIMBLE NAVIGATIONS LTD COM 896239-10-0 2,628 75,000 SH Sole 75,000 UNITED TECHNOLOGIES CORP COM 913017-10-9 8,191 115,000 SH Sole 115,000 UNITEDHEALTH GROUP INC COM 91324P-10-2 702 20,000 SH Sole 20,000 VERIZON COMMUNICATIONS INC COM 92343V-10-4 2,607 80,000 SH Sole 80,000 WILLIAMS COMPANIES COM 969457-10-0 4,625 242,000 SH Sole 242,000 XEROX CORPORATION COM 984121-10-3 2,277 220,000 SH Sole 220,000 YAHOO! INC COM 984332-10-6 425 30,000 SH Sole 30,000 ZIMMER HOLDINGS INC COM 98956P-10-2 1,214 23,200 SH Sole 23,200 ZOLL MEDICAL CORP COM 989922-10-9 1,452 45,000 SH Sole 45,000 COVIDIEN LTD COM G2554F-10-5 1,006 25,021 SH Sole 25,021 NABORS INDUSTRIES LTD COM G6359F-10-3 650 36,000 SH Sole 36,000 TRANSOCEAN INC. COM H8817H-10-0 2,185 33,992 SH Sole 33,992
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