-----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, PQJsPHAnax1PKIsTISC0mlb76EuqSCcHDvaXHFCtqcXls43x4hm8z+Hr1VZJB7v4 fxfUo2TBQAdz4UQ2h9FIKQ== 0000905148-11-000430.txt : 20110214 0000905148-11-000430.hdr.sgml : 20110214 20110214135917 ACCESSION NUMBER: 0000905148-11-000430 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20101231 FILED AS OF DATE: 20110214 DATE AS OF CHANGE: 20110214 EFFECTIVENESS DATE: 20110214 FILER: COMPANY DATA: COMPANY CONFORMED NAME: KBW, Inc. CENTRAL INDEX KEY: 0001350173 IRS NUMBER: 134055775 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-13958 FILM NUMBER: 11605569 BUSINESS ADDRESS: STREET 1: 787 SEVENTH AVENUE CITY: NEW YORK STATE: NY ZIP: 10019 BUSINESS PHONE: 212-887-7777 MAIL ADDRESS: STREET 1: 787 SEVENTH AVENUE CITY: NEW YORK STATE: NY ZIP: 10019 13F-HR 1 efc11-150_fm13fhr.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 Form 13F Form 13F COVER PAGE Report for the Calendar Year or Quarter Ended: December 31, 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: KBW, Inc. Address: 787 Seventh Avenue 4th Floor New York, NY 10019 Form 13F File Number: 028-13958 --------- 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: Mitchell Kleinman Title: Secretary and General Counsel Phone: (212) 887-6788 Signature, Place and Date of Signing: /s/ Mitchell Kleinman New York, New York February 14, 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).) FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 ------------------- Form 13F Information Table Entry Total: 142 ------------------- Form 13F Information Table Value Total: $211,025 ------------------- (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. None
KBW, INC. FORM 13F INFORMATION TABLE QUARTER ENDED DECEMBER 31, 2010 - ---------------------------- ---------------- --------- -------- ------------------ ---------- -------- --------------------- 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 - ---------------------------- ---------------- --------- -------- --------- --- ---- ---------- -------- --------- ------ ---- ABINGTON BANCORP INC COM 00350L109 141 11,855 SH DEFINED 11,855 ACE LTD SHS H0023R105 249 4,000 SH DEFINED 4,000 AFLAC INC COM 001055102 4,740 84,000 SH DEFINED 84,000 ALLIED WRLD ASSUR COM HLDG A SHS H01531104 476 8,005 SH DEFINED 8,005 ALLSTATE CORP COM 020002101 1,052 33,000 SH DEFINED 33,000 ALTISOURCE PORTFOLIO SOLNS S REG SHS L0175J104 2,469 86,000 SH DEFINED 86,000 AMAZON COM INC COM 023135106 2,700 15,000 SH PUT DEFINED 15,000 AMERICAN EQTY INVT LIFE HLD COM 025676206 196 15,600 SH DEFINED 15,600 AMERICAN EXPRESS CO COM 025816109 2,790 65,000 SH DEFINED 65,000 AMERICAN FINL GROUP INC OHIO COM 025932104 1,214 37,600 SH DEFINED 37,600 AMERICAN INTL GROUP INC UNIT 99/99/9999 026874115 677 77,000 PRN DEFINED NONE AMERICAS CAR MART INC COM 03062T105 347 12,800 SH DEFINED 12,800 AMERIGROUP CORP COM 03073T102 220 5,000 SH DEFINED 5,000 ANNALY CAP MGMT INC COM 035710409 249 13,900 SH DEFINED 13,900 ANNALY CAP MGMT INC COM 035710409 538 30,000 SH PUT DEFINED 30,000 APOLLO INVT CORP COM 03761U106 277 25,000 SH DEFINED 25,000 ARMOUR RESIDENTIAL REIT INC *W EXP 11/07/201 042315119 26 351,600 SH DEFINED 351,600 ASPEN INSURANCE HOLDINGS LTD SHS G05384105 798 27,900 SH DEFINED 27,900 BANCO SANTANDER SA ADR 05964H105 266 25,000 SH CALL DEFINED 25,000 BANK MONTREAL QUE COM 063671101 4,030 70,000 SH DEFINED 70,000 BANK OF AMERICA CORPORATION *W EXP 01/16/201 060505146 300 42,000 SH DEFINED 42,000 BANK OF AMERICA CORPORATION COM 060505104 774 58,000 SH CALL DEFINED 58,000 BANK OF AMERICA CORPORATION COM 060505104 1,998 149,800 SH DEFINED 149,800 BARCLAYS BK PLC IPTH S&P VIX NEW 06740C261 940 25,000 SH DEFINED 25,000 BARCLAYS PLC ADR 06738E204 991 60,000 SH CALL DEFINED 60,000 BENEFICIAL MUTUAL BANCORP IN COM 08173R104 221 25,000 SH DEFINED 25,000 BLACKSTONE GROUP L P COM UNIT LTD 09253U108 1,627 115,000 SH DEFINED 115,000 BOSTON PRIVATE FINL HLDGS IN COM 101119105 655 100,000 SH DEFINED 100,000 BROOKFIELD ASSET MGMT INC CL A LTD VT SH 112585104 1,648 49,500 SH DEFINED 49,500 BRYN MAWR BK CORP COM 117665109 503 28,800 SH DEFINED 28,800 CADENCE FINL CORP COM 12738A101 171 69,605 SH DEFINED 69,605 CAPE BANCORP INC COM 139209100 1,177 138,500 SH DEFINED 138,500 CAPITAL ONE FINL CORP *W EXP 11/14/201 14040H139 549 34,400 SH DEFINED 34,400 CAPITALSOURCE INC SDCV 4.000% 7/1 14055XAE2 2,491 2,500,000 PRN DEFINED NONE CARVER BANCORP INC COM 146875109 274 143,600 SH DEFINED 143,600 CENTER FINL CORP CALIF COM 15146E102 1,079 142,361 SH DEFINED 142,361 CHICOPEE BANCORP INC COM 168565109 335 26,471 SH DEFINED 26,471 CIT GROUP INC COM NEW 125581801 8,714 185,000 SH DEFINED 185,000 CITIGROUP INC COM 172967101 3,548 750,000 SH DEFINED 750,000 CITIZENS REPUBLIC BANCORP IN COM 174420109 62 100,681 SH DEFINED 100,681 CITIZENS SOUTH BKG CP DEL COM 176682102 151 34,686 SH DEFINED 34,686 CNA FINL CORP COM 126117100 1,114 41,200 SH DEFINED 41,200 COLONY FINL INC COM 19624R106 1,001 50,000 SH DEFINED 50,000 COMMUNITY BANKERS TR CORP COM 203612106 840 800,000 SH DEFINED 800,000 CYPRESS SHARPRIDGE INVTS INC COM 23281A307 2,776 215,000 SH DEFINED 215,000 DIREXION SHS ETF TR DLY FIN BEAR NEW 25459W490 473 50,000 SH DEFINED 50,000 DISCOVER FINL SVCS COM 254709108 1,668 90,000 SH DEFINED 90,000 DORAL FINL CORP COM NEW 25811P886 35 25,137 SH DEFINED 25,137 EASTERN VA BANKSHARES INC COM 277196101 517 135,200 SH DEFINED 135,200 FBR CAPITAL MARKETS CORP COM 30247C301 229 60,000 SH DEFINED 60,000 FIDELITY NATL INFORMATION SV COM 31620M106 835 30,500 SH DEFINED 30,500 FIFTH THIRD BANCORP CNV PFD DEP1/250 316773209 1,264 8,600 PRN DEFINED NONE FIRST BANCORP P R COM 318672102 345 750,000 SH DEFINED 750,000 FIRST CALIFORNIA FINANCIAL G COM NEW 319395109 2,343 836,814 SH DEFINED 836,814 FIRST FINL HLDGS INC COM 320239106 227 19,762 SH DEFINED 19,762 FIRST FRANKLIN CORP COM 320272107 172 11,650 SH DEFINED 11,650 FIRST MERCURY FINANCIAL CORP COM 320841109 1,361 83,000 SH DEFINED 83,000 FIRST MIDWEST BANCORP DEL COM 320867104 1,670 145,000 SH DEFINED 145,000 FIRST PL FINL CORP COM 33610T109 209 80,000 SH DEFINED 80,000 FLUSHING FINL CORP COM 343873105 1,050 75,000 SH DEFINED 75,000 FRANKLIN RES INC COM 354613101 6,390 57,460 SH DEFINED 57,460 GENERAL GROWTH PPTYS INC NEW COM 370023103 697 45,000 SH DEFINED 45,000 GENWORTH FINL INC COM CL A 37247D106 526 40,000 SH DEFINED 40,000 GREENHILL & CO INC COM 395259104 818 10,010 SH DEFINED 10,010 HAMPDEN BANCORP INC COM 40867E107 283 25,000 SH DEFINED 25,000 HARTFORD FINL SVCS GROUP INC COM 416515104 2,649 100,000 SH DEFINED 100,000 HERITAGE FINL CORP WASH COM 42722X106 1,434 103,000 SH DEFINED 103,000 HERITAGE FINL GROUP INC COM 42726X102 1,167 94,000 SH DEFINED 94,000 HILLTOP HOLDINGS INC COM 432748101 546 55,000 SH DEFINED 55,000 HOME FED BANCORP INC MD COM 43710G105 281 22,864 SH DEFINED 22,864 ISHARES TR BARCLYS 20+ YR 464287432 1,553 16,500 SH DEFINED 16,500 JPMORGAN CHASE & CO COM 46625H100 700 16,500 SH CALL DEFINED 16,500 JPMORGAN CHASE & CO *W EXP 10/28/201 46634E114 918 63,500 SH DEFINED 63,500 JPMORGAN CHASE & CO COM 46625H100 12,768 301,000 SH DEFINED 301,000 KAISER FED FINL GROUP INC COM 483056107 991 85,570 SH DEFINED 85,570 KENNEDY-WILSON HLDGS INC COM 489398107 2,797 280,000 SH DEFINED 280,000 KEYCORP NEW COM 493267108 2,213 250,000 SH DEFINED 250,000 KINGSWAY FINL SVCS INC COM 496904103 1,022 720,100 SH DEFINED 720,100 KKR & CO L P DEL COM UNITS 48248M102 3,010 212,000 SH DEFINED 212,000 LENDER PROCESSING SVCS INC COM 52602E102 2,657 90,000 SH DEFINED 90,000 LINCOLN NATL CORP IND COM 534187109 2,308 83,000 SH DEFINED 83,000 M & T BK CORP COM 55261F104 1,567 18,000 SH DEFINED 18,000 MARSH & MCLENNAN COS INC COM 571748102 383 14,000 SH DEFINED 14,000 MARSHALL & ILSLEY CORP NEW COM 571837103 3,460 500,000 SH DEFINED 500,000 MERCER INS GROUP INC COM 587902107 288 10,284 SH DEFINED 10,284 METLIFE INC COM 59156R108 2,222 50,000 SH DEFINED 50,000 METROCORP BANCSHARES INC COM 591650106 503 138,457 SH DEFINED 138,457 MF GLOBAL LTD NOTE 9.000% 6/2 55276YAB2 4,865 4,000,000 PRN DEFINED NONE MGIC INVT CORP WIS COM 552848103 985 96,700 SH DEFINED 96,700 MORGAN STANLEY COM NEW 617446448 1,497 55,000 SH DEFINED 55,000 NELNET INC CL A 64031N108 1,421 60,000 SH DEFINED 60,000 NEW ENGLAND BANCSHARES INC C COM NEW 643863202 1,312 165,000 SH DEFINED 165,000 NEW YORK MTG TR INC COM PAR $.02 649604501 696 100,000 SH DEFINED 100,000 NEWALLIANCE BANCSHARES INC COM 650203102 170 11,369 SH DEFINED 11,369 NEWSTAR FINANCIAL INC COM 65251F105 1,607 152,000 SH DEFINED 152,000 OCWEN FINL CORP COM NEW 675746309 1,431 150,000 SH DEFINED 150,000 ORIENTAL FINL GROUP INC COM 68618W100 1,843 147,563 SH DEFINED 147,563 ORITANI FINL CORP DEL COM 68633D103 1,493 122,000 SH DEFINED 122,000 PARK STERLING BANK COM 70086W109 4,826 783,000 SH DEFINED 783,000 PENNYMAC MTG INVT TR COM 70931T103 1,652 91,000 SH DEFINED 91,000 PEOPLES UNITED FINANCIAL INC COM 712704105 140 10,000 SH DEFINED 10,000 PHH CORP COM NEW 693320202 1,250 54,000 SH DEFINED 54,000 PNC FINL SVCS GROUP INC *W EXP 12/31/201 693475121 1,226 85,000 SH DEFINED 85,000 PNC FINL SVCS GROUP INC COM 693475105 1,712 28,200 SH DEFINED 28,200 POPULAR INC COM 733174106 879 280,000 SH DEFINED 280,000 PREFERRED BK LOS ANGELES CA COM 740367107 1,156 657,000 SH DEFINED 657,000 PRIMERICA INC COM 74164M108 2,425 100,000 SH DEFINED 100,000 PROASSURANCE CORP COM 74267C106 715 11,800 SH DEFINED 11,800 PRUDENTIAL FINL INC COM 744320102 1,879 32,000 SH DEFINED 32,000 QUICKSILVER RESOURCES INC DBCV 1.875%11/0 74837RAB0 2,214 2,000,000 PRN DEFINED NONE RADIAN GROUP INC COM 750236101 504 62,500 SH DEFINED 62,500 REINSURANCE GROUP AMER INC COM NEW 759351604 2,256 42,000 SH DEFINED 42,000 SEACOAST BKG CORP FLA COM 811707306 60 40,916 SH DEFINED 40,916 SELECT SECTOR SPDR TR SBI INT-FINL 81369Y605 662 41,500 SH PUT DEFINED 41,500 SLM CORP COM 78442P106 692 55,000 SH CALL DEFINED 55,000 SLM CORP COM 78442P106 1,964 156,000 SH DEFINED 156,000 SOLAR CAP LTD COM 83413U100 1,250 50,447 SH DEFINED 50,447 SOUTHERN NATL BANCORP OF VA COM 843395104 641 84,300 SH DEFINED 84,300 SP BANCORP INC COM 78468K106 98 10,461 SH DEFINED 10,461 SPDR S&P 500 ETF TR TR UNIT 78462F103 12,575 100,000 SH PUT DEFINED 100,000 SPDR SERIES TRUST KBW REGN BK ETF 78464A698 3,968 150,000 SH CALL DEFINED 150,000 SYNOVUS FINL CORP COM 87161C105 1,980 750,000 SH DEFINED 750,000 TD AMERITRADE HLDG CORP COM 87236Y108 950 50,000 SH CALL DEFINED 50,000 TFS FINL CORP COM 87240R107 1,660 184,000 SH DEFINED 184,000 TOWER BANCORP INC COM 891709107 2,339 106,114 SH DEFINED 106,114 TWO HBRS INVT CORP COM 90187B101 1,689 172,500 SH DEFINED 172,500 UNUM GROUP COM 91529Y106 833 34,400 SH DEFINED 34,400 VALLEY NATL BANCORP *W EXP 11/14/201 919794131 283 109,410 SH DEFINED 109,410 VIEWPOINT FINL GROUP INC MD COM 92672A101 982 84,000 SH DEFINED 84,000 WALKER & DUNLOP INC COM 93148P102 920 91,200 SH DEFINED 91,200 WELLCARE HEALTH PLANS INC COM 94946T106 242 8,000 SH DEFINED 8,000 WELLPOINT INC COM 94973V107 455 8,000 SH DEFINED 8,000 WELLS FARGO & CO NEW COM 949746101 1,240 40,000 SH DEFINED 40,000 WELLS FARGO & CO NEW COM 949746101 1,457 47,000 SH CALL DEFINED 47,000 WEST COAST BANCORP ORE NEW COM 952145100 450 159,432 SH DEFINED 159,432 WESTERN LIBERTY BANCORP COM 961443108 4,076 761,866 SH DEFINED 761,866 WESTFIELD FINANCIAL INC NEW COM 96008P104 620 67,000 SH DEFINED 67,000 WHITNEY HLDG CORP COM 966612103 422 29,790 SH DEFINED 29,790 WILLIS GROUP HOLDINGS PUBLIC SHS G96666105 2,424 70,000 SH DEFINED 70,000 WILMINGTON TRUST CORP COM 971807102 1,085 250,000 SH DEFINED 250,000 WINTRUST FINANCIAL CORP COM 97650W108 661 20,000 SH DEFINED 20,000 ZIONS BANCORPORATION *W EXP 05/22/202 989701115 250 34,000 SH DEFINED 34,000
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