0001193125-11-219128.txt : 20110811 0001193125-11-219128.hdr.sgml : 20110811 20110811112319 ACCESSION NUMBER: 0001193125-11-219128 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20110630 FILED AS OF DATE: 20110811 DATE AS OF CHANGE: 20110811 EFFECTIVENESS DATE: 20110811 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: 111026526 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 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F FORM 13F COVER PAGE Report for the Calendar Year or Quarter Ended: June 30, 2011 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 August 11, 2011 --------------------------- ------------------- ----------------- [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: 93 Form 13F Information Table Value Total: (thousands) 283,236 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 6/30/2011
VOTING AUTHORITY TITLE OF MARKET VALUE SHARES/PAR INVESTMENT --------------------- NAME OF ISSUER CLASS CUSIP (1000'S) VALUE SH/PRN DISCRETION SOLE SHARED NONE --------------------------------- -------- ----------- ------------ ---------- ------ ---------- --------- ------ ---- AMERIGROUP CORP 2.00% Conv Bond BOND 03073T-AB-8 2,658 1,600 PRN Sole 1,600 CSG SYSTEMS INT'L 2.50% Conv Bd BOND 126349-AB-5 1,005 1,000 PRN Sole 1,000 CERADYNE INC 2.875% Conv Corp Bd BOND 156710-AA-3 2,875 2,875 PRN Sole 2,875 COVANTA HOLDING 1.00% Conv Bd BOND 22282E-AA-0 747 750 PRN Sole 750 COVANTA HOLDING 1.00% Conv Bd BOND 22282E-AC-6 1,136 1,000 PRN Sole 1,000 ENERSYS 3.375% Convertible Bond BOND 29275Y-AA-0 1,121 1,000 PRN Sole 1,000 LEUCADIA NATL 3.75% Conv Corp Bd BOND 527288-AX-2 1,911 1,190 PRN Sole 1,190 MEDICIS PHRM 2.50% Conv Corp Bd BOND 58470K-AA-2 1,351 1,000 PRN Sole 1,000 NUANCE COMMUNIC 2.75% Conv Bds BOND 67020Y-AB-6 1,310 1,000 PRN Sole 1,000 TRANSOCEAN INC 1.50% Conv Bd BOND 893830-AW-9 2,744 2,800 PRN Sole 2,800 WORLD ACCEP CORP 3.00% Conv Nts BOND 981417-AB-4 1,796 1,650 PRN Sole 1,650 AGL RESOURCE INC. COM 001204-10-6 456 11,200 SH Sole 11,200 AT&T INC COM 00206R-10-2 314 10,000 SH Sole 10,000 ABBOTT LABORATORIES COM 002824-10-0 526 10,000 SH Sole 10,000 ADVANCED MICRO DEVICES INC. COM 007903-10-7 280 40,000 SH Sole 40,000 ALTRIA GROUP INC COM 02209S-10-3 158 6,000 SH Sole 6,000 ANADARKO PETROLEUM CORP COM 032511-10-7 6,141 80,000 SH Sole 80,000 APACHE CORP COM 037411-10-5 2,468 20,000 SH Sole 20,000 BP AMOCO P L C ADR COM 055622-10-4 4,085 92,240 SH Sole 92,240 BABCOCK & WILCOX CO New COM 05615F-10-2 1,386 50,000 SH Sole 50,000 BARD-C R-INC COM 067383-10-9 4,175 38,000 SH Sole 38,000 BARRICK GOLD CORP COM 067901-10-8 1,792 39,576 SH Sole 39,576 BAXTER INTERNATIONAL INC COM 071813-10-9 4,178 70,000 SH Sole 70,000 BECTON DICKINSON COM 075887-10-9 3,447 40,000 SH Sole 40,000 BHP BILLITON LTD COM 088606-10-8 7,570 80,000 SH Sole 80,000 BRISTOL MYERS SQUIBB CO COM 110122-10-8 3,810 131,549 SH Sole 131,549 BROCADE COMMUNICATIONS SYSTEMS COM 111621-30-6 646 100,000 SH Sole 100,000 CVS CAREMARK CORP COM 126650-10-0 2,255 60,000 SH Sole 60,000 CAMPBELL SOUP CO COM 134429-10-9 1,382 40,000 SH Sole 40,000 CANADIAN PACIFIC RAILWAY LTD COM 13645T-10-0 2,966 47,600 SH Sole 47,600 CENOVUS ENERGY INC COM 15135U-10-9 3,766 100,000 SH Sole 100,000 CHEVRON CORP COM 166764-10-0 9,177 89,240 SH Sole 89,240 CISCO SYSTEMS COM 17275R-10-2 4,683 300,000 SH Sole 300,000 CONOCOPHILLIPS COM 20825C-10-4 10,527 140,000 SH Sole 140,000 DOMINION RESOURCES INC COM 25746U-10-9 1,667 34,528 SH Sole 34,528 DUPONT DENEMOURS & CO COM 263534-10-9 1,135 21,000 SH Sole 21,000 DUKE ENERGY HOLDING CORPORATION COM 26441C-10-5 4,482 238,000 SH Sole 238,000 EMC CORP COM 268648-10-2 4,175 151,553 SH Sole 151,553 ECHO GLOBAL LOGISTICS INC COM 27875T-10-1 122 6,900 SH Sole 6,900 EL PASO CORP COM 28336L-10-9 4,040 200,000 SH Sole 200,000 ENCANA CORPORATION COM 292505-10-4 3,079 100,000 SH Sole 100,000
EXXON MOBIL CORP COM 30231G-10-2 11,393 140,000 SH Sole 140,000 FLUOR CORP NEW COM 343412-10-2 2,586 40,000 SH Sole 40,000 FLOWERS FOODS COM 343498-10-1 2,009 91,162 SH Sole 91,162 FREEPORT MCMORAN COPPER & GOLD COM 35671D-85-7 780 14,740 SH Sole 14,740 GENERAL DYNAMICS CORPORATION COM 369550-10-8 1,490 20,000 SH Sole 20,000 GENERAL ELECTRIC CO COM 369604-10-3 754 40,000 SH Sole 40,000 GLOBAL PAYMENTS INC COM 37940X-10-2 2,754 54,000 SH Sole 54,000 HARRIS CORP COM 413875-10-5 1,802 40,000 SH Sole 40,000 HEWLETT PACKARD COMPANY COM 428236-10-3 5,460 150,000 SH Sole 150,000 HOME DEPOT INC COM 437076-10-2 2,898 80,000 SH Sole 80,000 HUNTINGTON INGALLS INDUSTRIES COM 446413-10-6 320 9,285 SH Sole 9,285 INTEL CORP COM 458140-10-0 2,216 100,000 SH Sole 100,000 INTERNATIONAL BUSINESS MACHS CORP COM 459200-10-1 14,239 83,000 SH Sole 83,000 JPMORGAN CHASE & CO COM 46625H-10-0 1,228 30,000 SH Sole 30,000 JOHNSON & JOHNSON COM 478160-10-4 6,652 100,000 SH Sole 100,000 KRAFT FOODS INC COM 50075N-10-4 179 5,076 SH Sole 5,076 L-3 COMMUNICATIONS HLDGS COM 502424-10-4 875 10,000 SH Sole 10,000 LEVEL 3 COMMUNICATIONS INC COM 52729N-10-0 939 385,000 SH Sole 385,000 LINCOLN NATIONAL CORP COM 534187-10-9 648 22,734 SH Sole 22,734 LOCKHEED MARTIN CORPORATION COM 539830-10-9 6,478 80,000 SH Sole 80,000 MCDERMOTT INTERNATIONAL INC COM 580037-10-9 2,972 150,000 SH Sole 150,000 MERCK & COMPANY New COM 58933Y-10-5 4,994 141,500 SH Sole 141,500 MICROSOFT CORP COM 594918-10-4 8,580 330,000 SH Sole 330,000 MONSANTO COMPANY COM 61166W-10-1 742 10,234 SH Sole 10,234 NATIONAL SEMICONDUCTOR COM 637640-10-3 1,477 60,000 SH Sole 60,000 NEWMONT MINING CORP COM 651639-10-6 3,646 67,561 SH Sole 67,561 NORTHROP GRUMMAN CORP COM 666807-10-2 3,864 55,712 SH Sole 55,712 NUANCE COMMUNICATIONS INC COM 67020Y-10-0 1,975 92,000 SH Sole 92,000 ORBITAL SCIENCES CORP COM 685564-10-6 1,410 83,700 SH Sole 83,700 PALL CORP COM 696429-30-7 1,687 30,000 SH Sole 30,000 PFIZER INC COM 717081-10-3 4,245 206,050 SH Sole 206,050 PHILIP MORRIS INTERNATIONAL COM 718172-10-9 200 3,000 SH Sole 3,000 PIEDMONT NATURAL GAS COMPANY INC COM 720186-10-5 7,595 250,987 SH Sole 250,987 PROGRESS ENERGY INC COM 743263-10-5 1,920 40,000 SH Sole 40,000 ULTRASHORT S&P 500 PROSHARES ETF COM 74347R-88-3 8,256 400,000 SH Sole 400,000 RAYTHEON CO COM 755111-50-7 6,655 133,500 SH Sole 133,500 SCANA CORP COM 80589M-10-2 1,811 46,000 SH Sole 46,000 SCANSOURCE INC. COM 806037-10-7 2,943 78,535 SH Sole 78,535 SCHLUMBERGER LTD COM 806857-10-8 6,998 81,000 SH Sole 81,000 SPECTRA ENERGY CORP COM 847560-10-9 4,249 155,000 SH Sole 155,000 TEMPLETON CHINA WORLD FUND COM 88018X-10-2 820 20,000 SH Sole 20,000 TEXAS INSTRUMENTS INC COM 882508-10-4 1,642 50,000 SH Sole 50,000 THERMO FISHER SCIENTIFIC INC COM 883556-10-2 1,288 20,000 SH Sole 20,000 TRIMBLE NAVIGATIONS LTD COM 896239-10-0 1,982 50,000 SH Sole 50,000 UNITED TECHNOLOGIES CORP COM 913017-10-9 10,179 115,000 SH Sole 115,000 WILLIAMS COMPANIES COM 969457-10-0 6,413 212,000 SH Sole 212,000 XEROX CORPORATION COM 984121-10-3 1,562 150,000 SH Sole 150,000 YAHOO! INC COM 984332-10-6 451 30,000 SH Sole 30,000 ZIMMER HOLDINGS INC COM 98956P-10-2 316 5,000 SH Sole 5,000 COVIDIEN LTD COM G2554F-11-3 1,331 25,000 SH Sole 25,000 NABORS INDUSTRIES LTD COM G6359F-10-3 887 36,000 SH Sole 36,000 TRANSOCEAN INC. COM H8817H-10-0 903 13,992 SH Sole 13,992