-----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, SlPAxM/FJzQyuW94KQ9bKjYtJdENPIgqUcsme1cXqy0R3WYICchfJJPNEJgenSK2 446hkfd09mcFF05UboEnow== 0001140361-10-045027.txt : 20101112 0001140361-10-045027.hdr.sgml : 20101111 20101112103112 ACCESSION NUMBER: 0001140361-10-045027 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20100930 FILED AS OF DATE: 20101112 DATE AS OF CHANGE: 20101112 EFFECTIVENESS DATE: 20101112 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FBR CAPITAL MARKETS CORP CENTRAL INDEX KEY: 0001371446 STANDARD INDUSTRIAL CLASSIFICATION: SECURITY BROKERS, DEALERS & FLOTATION COMPANIES [6211] IRS NUMBER: 000000000 STATE OF INCORPORATION: VA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-13581 FILM NUMBER: 101183787 BUSINESS ADDRESS: STREET 1: 1001 NINETEETH ST NORTH CITY: ARLINGTON STATE: VA ZIP: 22209 BUSINESS PHONE: 703-312-9500 MAIL ADDRESS: STREET 1: 1001 NINETEETH ST NORTH CITY: ARLINGTON STATE: VA ZIP: 22209 13F-HR 1 form13fhr.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F Form 13F COVER PAGE Report for the Calendar Year or Quarter Ended: 9/30/2010 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: FBR Capital Markets Corporation Address: 1001 Nineteenth Street North Arlington, VA 22209 Form 13F File Number: 028-13581 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. Persons Signing this Report on Behalf of Reporting Manager: Name: Robert J. Kiernan Title: Sr. Vice President, Controller and Chief Acctg Officer Phone: 703-312-9500 Signature, Place, and Date of Signing: /s/ Robert J. Kiernan Arlington, VA 11/12/2010 - --------------------------------- --------------------------------- ---------- [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).) List of Other Managers Reporting for this Manager: Form 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 3 Form 13F Information Table Entry Total: 487 Form 13F Information Table Value Total: $ 1,290,238 -------------- (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. No. Form 13F File Number Name 2 028-12557 FBR Fund Advisers, Inc - ---- -------------------- ---------------------------------------------------- 3 028- FBR Capital Markets & Co - ---- -------------------- ---------------------------------------------------- 4 028- FBR Capital Markets PT, Inc. - ---- -------------------- ----------------------------------------------------
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 - -------------------------------------- -------------- --------- -------- -------- --- ---- ---------- -------- ------- ------ ------ ***BHP BILLITON LTD ADR 088606108 317 4150 SH DEFINED 2 4150 0 0 ***RESEARCH IN MOTION LTD COM 760975102 487 10000 SH DEFINED 2 10000 0 0 1ST SOURCE CORP COM 336901103 451 25972 SH DEFINED 2 25972 0 0 3M COMPANY COM 88579Y101 1,354 15615 SH DEFINED 2 15615 0 0 99 CENTS ONLY STORES COM 65440K106 71,937 3810235 SH DEFINED 2 3810235 0 0 ABBOTT LABORATORIES COM 002824100 451 8640 SH DEFINED 2 8640 0 0 Abercromb & Fitch/anf CL A 002896207 351 8915 SH DEFINED 2 8915 0 0 ACTUANT CORP-CL A ATU.N 2.0% 11/23 NOTE 00508XAB0 5,562 4702 PRN DEFINED 3 0 0 4702 ACTIVISION BLIZZARD INC COM 00507V109 434 40068 SH DEFINED 2 40068 0 0 ADTRAN INC COM 00738A106 177 5000 SH DEFINED 2 5000 0 0 ADTRAN INC COM 00738A106 265 7500 SH DEFINED 2 7500 0 0 AEROPOSTALE INC COM 007865108 353 15200 SH DEFINED 2 15200 0 0 AEROPOSTALE INC COM 007865108 353 15200 SH DEFINED 2 15200 0 0 AFFILIATED MANAGERS GROUP INC COM 008252108 359 4600 SH DEFINED 2 4600 0 0 AGL RESOURCES INC COM 001204106 4,870 126957 SH DEFINED 2 126957 0 0 AIRTRAN HOLDINGS INC AAI.N 5.5% 04/15 Note 00949PAC2 1,115 544 PRN DEFINED 3 0 0 544 AKAMAI TECHNOLOGIES INC COM 00971T101 134 2665 SH DEFINED 2 2665 0 0 AKAMAI TECHNOLOGIES INC COM 00971T101 211 4200 SH DEFINED 2 4200 0 0 Alleghany Corp/y COM 017175100 286 943 SH DEFINED 2 943 0 0 Alleghany Corp/y COM 017175100 286 943 SH DEFINED 2 943 0 0 ALLERGAN INC COM 018490102 288 4330 SH DEFINED 2 4330 0 0 ALLIANT ENERGY CORP COM 018802108 794 21853 SH DEFINED 2 21853 0 0 ALLIANT TECHSYSTEMS INC COM 018804104 260 3450 SH DEFINED 2 3450 0 0 ALPHA NATURAL RESOURCES INC COM 02076X102 691 16800 SH DEFINED 3 0 0 16800 AMAZON.COM INC COM 023135106 157 1000 SH DEFINED 2 1000 0 0 AMAZON.COM INC COM 023135106 478 3045 SH DEFINED 2 3045 0 0 AMERICAN CAPITAL LIMITED OPTIONS 668 115000 SH DEFINED 3 0 0 115000 AMEREN CORPORATION COM 023608102 244 8600 SH DEFINED 2 8600 0 0 AMEREN CORPORATION COM 023608102 911 32090 SH DEFINED 2 32090 0 0 AMERICAN EAGLE OUTFITTERS COM 02553E106 375 25039 SH DEFINED 2 25039 0 0 AMERICAN EAGLE OUTFITTERS COM 02553E106 509 34000 SH DEFINED 2 34000 0 0 AMERICAN EAGLE OUTFITTERS COM 02553E106 509 34000 SH DEFINED 2 34000 0 0 AMERICAN EXPRESS CO COM 025816109 1,051 25000 SH DEFINED 2 25000 0 0 AMERICAN MEDICAL SYS HLDGS AMMD.O NOTE 02744MAB4 1,867 1500 PRN DEFINED 3 0 0 1500 4.0% 09/41 AMERICAN TOWER CORP-CL A CL A 029912201 92,499 1804500 SH DEFINED 2 1804500 0 0 AMERICAN WOODMARK CORP COM 030506109 12,059 680160 SH DEFINED 2 680160 0 0 ANNALY MORTGAGE MANAGEMENT COM 035710409 704 40000 SH DEFINED 2 40000 0 0 AON CORP COM 037389103 19,895 508700 SH DEFINED 2 508700 0 0 APACHE CORP COM 037411105 1,027 10502 SH DEFINED 2 10502 0 0 APPLE COMPUTER INC COM 037833100 465 1638 SH DEFINED 2 1638 0 0 APPLE COMPUTER INC COM 037833100 1,390 4900 SH DEFINED 2 4900 0 0 APPLIED MATERIALS INC COM 038222105 208 17825 SH DEFINED 2 17825 0 0 ARCELORMITTAL-NY REGISTERED MT.N 50% NOTE 03938LAK0 2,501 1884 PRN DEFINED 3 0 0 1884 05/14 ARM HOLDINGS PLC SPONSORED ADR ADR 042068106 107 5700 SH DEFINED 2 5700 0 0 ARM HOLDINGS PLC SPONSORED ADR ADR 042068106 128 6840 SH DEFINED 2 6840 0 0 ARMSTRONG WORLD INDUSTRIES COM 04247X102 295 7100 SH DEFINED 2 7100 0 0 ARRIS GROUP INC COM 04269Q100 187 19100 SH DEFINED 2 19100 0 0 ASML HOLDING NV-NY REG SHS NY REG SHS N07059186 201 6775 SH DEFINED 2 6775 0 0 ASSOCIATED BANC-CORP COM 045487105 5,342 405000 SH DEFINED 2 405000 0 0 ASSURED GUARANTY LTD COM G0585R106 907 52999 SH DEFINED 2 52999 0 0 ASTORIA FINANCIAL CORP COM 046265104 5,861 430000 SH DEFINED 2 430000 0 0 Atlas Energy Inc/atls COM 049298102 163 5700 SH DEFINED 2 5700 0 0 Atlas Energy Inc/atls COM 049298102 412 14400 SH DEFINED 2 14400 0 0 ATMI INC COM COM 00207R101 559 37600 SH DEFINED 2 37600 0 0 ATMOS ENERGY CORP COM 049560105 5,641 192845 SH DEFINED 2 192845 0 0 Atwood Oceanics/atw COM 050095108 284 9312 SH DEFINED 2 9312 0 0 Atwood Oceanics/atw COM 050095108 284 9312 SH DEFINED 2 9312 0 0 AUTOMATIC DATA PROCESSING COM 053015103 651 15500 SH DEFINED 2 15500 0 0
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 - -------------------------------------- -------------- --------- -------- -------- --- ---- ---------- -------- ------- ------ ------ AVISTA CORP COM 05379B107 503 24080 SH DEFINED 2 24080 0 0 BABCOCK & WILCOX NEW OPTIONS 1,021 48000 PRN DEFINED 3 0 0 48000 BAIDU.COM - ADR ADR 056752108 475 4630 SH DEFINED 2 4630 0 0 BALLY TECHNOLOGIES INC COM COM 05874B107 374 10700 SH DEFINED 2 10700 0 0 BALLY TECHNOLOGIES INC COM COM 05874B107 374 10700 SH DEFINED 2 10700 0 0 BALLY TECHNOLOGIES INC COM COM 05874B107 54,138 1549000 SH DEFINED 2 1549000 0 0 BANCORP RHODE ISLAND INC COM 059690107 75 2700 SH DEFINED 2 2700 0 0 BANCORP RHODE ISLAND INC COM 059690107 2,321 83097 SH DEFINED 2 83097 0 0 BANK OF AMERICA CORP COM 060505104 803 61300 SH DEFINED 2 61300 0 0 BANK OF AMERICA CORP COM 060505104 2,621 200000 SH DEFINED 2 200000 0 0 BANNER CORPORATION COM 06652V109 1,577 730000 SH DEFINED 2 730000 0 0 BARD (C.R.) INC COM 067383109 242 2970 SH DEFINED 2 2970 0 0 BARD (C.R.) INC COM 067383109 260 3196 SH DEFINED 2 3196 0 0 BAXTER INTERNATIONAL INC COM 071813109 404 8475 SH DEFINED 2 8475 0 0 Big Lots Inc COM 089302103 325 9780 SH DEFINED 2 9780 0 0 BIOGEN IDEC INC COM 09062X103 516 9200 SH DEFINED 2 9200 0 0 BIOMARIN PHARMACEUTICAL INC COM 09061G101 427 19100 SH DEFINED 2 19100 0 0 BIOMARIN PHARMACEUTICAL INC COM 09061G101 427 19100 SH DEFINED 2 19100 0 0 BJS WHOLESALE CLUB INC COM 05548J106 233 5625 SH DEFINED 2 5625 0 0 BLACK HILLS CORP COM 092113109 596 19100 SH DEFINED 2 19100 0 0 BP Plc/bp ADR 055622104 943 22900 SH DEFINED 2 22900 0 0 BRIGHAM EXPLORATION CO COM 109178103 218 11600 SH DEFINED 2 11600 0 0 BRIGHAM EXPLORATION CO COM 109178103 461 24600 SH DEFINED 2 24600 0 0 BROADCOM CORP COM 111320107 279 7870 SH DEFINED 2 7870 0 0 BROCADE COMMUNICATIONS SYS COM 111621306 393 67100 SH DEFINED 2 67100 0 0 BROCADE COMMUNICATIONS SYS COM 111621306 440 75000 SH DEFINED 2 75000 0 0 BROOKLINE BANCORP INC COM 11373M107 569 57000 SH DEFINED 2 57000 0 0 BROOKLINE BANCORP INC COM 11373M107 5,040 505000 SH DEFINED 2 505000 0 0 Bruker Corp/brkr COM 116794108 563 40100 SH DEFINED 2 40100 0 0 Bruker Corp/brkr COM 116794108 563 40100 SH DEFINED 2 40100 0 0 CANADIAN PAC RY LTD COM COM 13645T100 701 11500 SH DEFINED 2 11500 0 0 CAPITAL ONE FINANCIAL CORP COM 14040H105 2,175 55000 SH DEFINED 2 55000 0 0 CAPITALSOURCE INC CSE>N 7.25% 07/37 Note 14055XAG7 2,227 2250 PRN DEFINED 3 0 0 2250 CAPITOL FEDERAL FINANCIAL COM 14057C106 270 10920 SH DEFINED 2 10920 0 0 CAPITOL FEDERAL FINANCIAL COM 14057C106 351 14200 SH DEFINED 2 14200 0 0 CAPITOL FEDERAL FINANCIAL COM 14057C106 472 19100 SH DEFINED 2 19100 0 0 CAPITOL FEDERAL FINANCIAL COM 14057C106 4,570 185000 SH DEFINED 2 185000 0 0 CARMAX INC COM 143130102 76,255 2737088 SH DEFINED 2 2737088 0 0 Catalyst Hlth Solu/chsi COM 14888B103 356 10100 SH DEFINED 2 10100 0 0 Catalyst Hlth Solu/chsi COM 14888B103 563 16000 SH DEFINED 2 16000 0 0 CATHAY GENERAL BANCORP COM 149150104 5,113 430000 SH DEFINED 2 430000 0 0 CELGENE CORP COM 151020104 413 7165 SH DEFINED 2 7165 0 0 CENTERPOINT ENERGY INC COM 15189T107 5,328 338935 SH DEFINED 2 338935 0 0 CERNER CORP COM 156782104 756 9000 SH DEFINED 2 9000 0 0 CH ENERGY GROUP INC COM 12541M102 349 7900 SH DEFINED 2 7900 0 0 CHECK POINT SOFTWARE TECH ORD M22465104 332 9000 SH DEFINED 2 9000 0 0 CHECK POINT SOFTWARE TECH ORD M22465104 410 11103 SH DEFINED 2 11103 0 0 CHENIERE ENERGY INC COM NEW COM 16411R208 299 118599 SH DEFINED 2 118599 0 0 CHESAPEAKE UTILITIES CORP COM 165303108 356 9840 SH DEFINED 2 9840 0 0 CIA DE MINAS BUENAVENTUR-ADR ADR 204448104 384 8500 SH DEFINED 2 8500 0 0 CISCO SYSTEMS INC COM 17275R102 736 33600 SH DEFINED 2 33600 0 0 CIT Group Hldgs./cit COM 125581801 816 20000 SH DEFINED 2 20000 0 0 CITIGROUP INC COM 172967101 782 200000 SH DEFINED 2 200000 0 0 CITIGROUP INC COM 172967101 2,620 670000 SH DEFINED 2 670000 0 0 CITIZENS BANKING CORP COM 174420109 146 162000 SH DEFINED 2 162000 0 0 CITRIX SYSTEMS INC COM 177376100 176 2580 SH DEFINED 2 2580 0 0 CITRIX SYSTEMS INC COM 177376100 246 3600 SH DEFINED 2 3600 0 0 CITY NATIONAL CORP COM 178566105 1,327 25000 SH DEFINED 2 25000 0 0 CMS ENERGY CORP COM 125896100 2,849 158118 SH DEFINED 2 158118 0 0 CNO Financial Gp/cno COM 12621E103 324 58500 SH DEFINED 2 58500 0 0
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 - -------------------------------------- -------------- --------- -------- -------- --- ---- ---------- -------- ------- ------ ------ CNO Financial Gp/cno COM 12621E103 518 93500 SH DEFINED 2 93500 0 0 CNO Financial Gp/cno COM 12621E103 4,487 810000 SH DEFINED 2 810000 0 0 COACH INC COM 189754104 485 11300 SH DEFINED 2 11300 0 0 COCA-COLA CO/THE COM 191216100 538 9200 SH DEFINED 2 9200 0 0 COGNIZANT TECHNOLOGY SOLUTIONS CL A 192446102 303 4695 SH DEFINED 2 4695 0 0 Cohen & Company, Inc. COM 47499623 142 32000 SH DEFINED 4 32000 0 0 COLGATE PALMOLIVE CO COM 194162103 405 5275 SH DEFINED 2 5275 0 0 COMERICA INC COM 200340107 202 5425 SH DEFINED 2 5425 0 0 COMERICA INC COM 200340107 929 25000 SH DEFINED 2 25000 0 0 COMERICA INC COM 200340107 1,672 45000 SH DEFINED 2 45000 0 0 COMMVAULT SYSTEMS INC. COM 204166102 599 23000 SH DEFINED 2 23000 0 0 COMMVAULT SYSTEMS INC. COM 204166102 599 23000 SH DEFINED 2 23000 0 0 CONCUR TECHNOLOGIES INC COM 206708109 282 5700 SH DEFINED 3 0 0 5700 CONOCOPHILLIPS COM 20825C104 988 17200 SH DEFINED 2 17200 0 0 CONSOLIDATED EDISON INC COM 209115104 5,023 104170 SH DEFINED 2 104170 0 0 CONSTELLATION ENERGY GROUP COM 210371100 248 7700 SH DEFINED 2 7700 0 0 CONSTELLATION ENERGY GROUP COM 210371100 868 26920 SH DEFINED 2 26920 0 0 COPART INC COM 217204106 313 9485 SH DEFINED 2 9485 0 0 Corning Inc COM 219350105 444 24310 SH DEFINED 2 24310 0 0 CUMMINS INC COM COM 231021106 376 4153 SH DEFINED 2 4153 0 0 DANVERS BANCORP INC COM 236442109 153 10000 SH DEFINED 2 10000 0 0 DANVERS BANCORP INC COM 236442109 563 36700 SH DEFINED 2 36700 0 0 DANVERS BANCORP INC COM 236442109 2,836 185000 SH DEFINED 2 185000 0 0 DECKERS OUTDOOR CORP COM 243537107 345 6900 SH DEFINED 2 6900 0 0 DECKERS OUTDOOR CORP COM 243537107 425 8500 SH DEFINED 2 8500 0 0 DELTA NATURAL GAS CO INC COM 247748106 223 7258 SH DEFINED 2 7258 0 0 Diamond Hill Invst/dhil COM 25264R207 3,907 53520 SH DEFINED 2 53520 0 0 DIME COMMUNITY BANCSHARES COM 253922108 4,990 360000 SH DEFINED 2 360000 0 0 DISCOVER FINANCIAL SERVICES COM 254709108 417 25000 SH DEFINED 2 25000 0 0 DISCOVER FINANCIAL SERVICES COM 254709108 2,419 145000 SH DEFINED 2 145000 0 0 DOLBY LABORATORIES COM 25659T107 285 5025 SH DEFINED 2 5025 0 0 DOMINION RESOURCES INC/VA COM 25746U109 11,491 263200 SH DEFINED 2 263200 0 0 DRESS BARN INC COM 261570105 238 10000 SH DEFINED 2 10000 0 0 DTE ENERGY COMPANY COM 233331107 2,977 64815 SH DEFINED 2 64815 0 0 Duke Energy COM 26441C105 1,615 91212 SH DEFINED 2 91212 0 0 DYNAMEX INC COM 26784F103 198 13000 SH DEFINED 2 13000 0 0 DYNAMEX INC COM 26784F103 13,745 901315 SH DEFINED 2 901315 0 0 E.ON AG -SPONSORED ADR ADR 268780103 11,728 397140 SH DEFINED 2 397140 0 0 EAST WEST BANCORP INC COM 27579R104 329 20200 SH DEFINED 2 20200 0 0 EAST WEST BANCORP INC COM 27579R104 5,617 345000 SH DEFINED 2 345000 0 0 ECOLAB INC COM 278865100 308 6075 SH DEFINED 2 6075 0 0 EL PASO CORP COM 28336L109 11,632 939592 SH DEFINED 2 939592 0 0 Emergency Med Svc/ems COM 29100P102 197 3700 SH DEFINED 2 3700 0 0 Emergency Med Svc/ems COM 29100P102 197 3700 SH DEFINED 2 3700 0 0 EMULEX CORP COM NEW COM 292475209 492 47100 SH DEFINED 2 47100 0 0 EMULEX CORP COM NEW COM 292475209 658 63000 SH DEFINED 2 63000 0 0 ENBRIDGE INC COM 29250N105 11,864 226847 SH DEFINED 2 226847 0 0 ENCORE CAPITAL GROUP COM 292554102 12,042 668256 SH DEFINED 2 668256 0 0 ENDO PHARMACEUT HLDGS INC COM 29264F205 301 9050 SH DEFINED 2 9050 0 0 ENERGEN CORP COM 29265N108 264 5777 SH DEFINED 2 5777 0 0 ENERGEN CORP COM 29265N108 2,200 48123 SH DEFINED 2 48123 0 0 ENSCO Internat'l/esv ADR 29358Q109 210 4685 SH DEFINED 2 4685 0 0 ENTERGY CORP COM 29364G103 254 3325 SH DEFINED 2 3325 0 0 EQT CORP COM 26884L109 1,663 46110 SH DEFINED 2 46110 0 0 EQUIFAX INC COM 294429105 214 6850 SH DEFINED 2 6850 0 0 EQUINIX INC EQIX.O 4.75% 06/16 NOTE 29444UAH9 3,552 2500 PRN DEFINED 2 0 0 2500 EXCO RESOURCES INC COM 269279402 312 21000 SH DEFINED 2 21000 0 0 EXELON CORP COM 30161N101 3,026 71075 SH DEFINED 2 71075 0 0 FACTSET RESEARCH SYSTEMS INC COM 303075105 296 3647 SH DEFINED 2 3647 0 0 FASTENAL CO COM 311900104 543 10200 SH DEFINED 2 10200 0 0
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 - -------------------------------------- -------------- --------- -------- -------- --- ---- ---------- -------- ------- ------ ------ FIFTH THIRD BANCORP COM 316773100 1,684 140000 SH DEFINED 2 140000 0 0 FIFTH THIRD BANCORP COM 316773100 2,045 170000 SH DEFINED 2 170000 0 0 FIRST HORIZON NATIONAL CORP COM 320517105 160 14000 SH DEFINED 2 14000 0 0 FIRST HORIZON NATIONAL CORP COM 320517105 6,618 580000 SH DEFINED 2 580000 0 0 First Indst Rlty Trust/fr COM 32054K103 1,141 225000 SH DEFINED 2 225000 0 0 FIRST NIAGARA FINANCIAL GRP COM 33582V108 4,427 380000 SH DEFINED 2 380000 0 0 Flagstar Banc/fbc COM 337930507 91 50000 SH DEFINED 2 50000 0 0 FLUSHING FINANCIAL CORP COM 343873105 6,185 535000 SH DEFINED 2 535000 0 0 FOREST LABORATORIES INC COM 345838106 246 7938 SH DEFINED 2 7938 0 0 FOREST LABORATORIES INC COM 345838106 384 12400 SH DEFINED 2 12400 0 0 FOSSIL INC COM 349882100 425 7900 SH DEFINED 2 7900 0 0 FOSSIL INC COM 349882100 425 7900 SH DEFINED 2 7900 0 0 FRANKLIN RESOURCES INC COM 354613101 751 7025 SH DEFINED 2 7025 0 0 FREEPORT-MCMORAN COPPER COM 35671D857 546 6400 SH DEFINED 2 6400 0 0 FREEPORT-MCMORAN COPPER PUT 64 750 PUT DEFINED 3 750 0 750 FULTON FINANCIAL CORP-PA COM 360271100 116 12800 SH DEFINED 2 12800 0 0 FULTON FINANCIAL CORP-PA COM 360271100 5,934 655000 SH DEFINED 2 655000 0 0 GAP INC COM 364760108 286 15325 SH DEFINED 2 15325 0 0 GENCO SHIPPING & TRADING LTDGNK.N NOTE 36869MAA3 583 550 PRN DEFINED 3 0 0 550 5.0% 08/15 GENERAL ELECTRIC CO COM 369604103 964 59300 SH DEFINED 2 59300 0 0 GENERAL MILLS INC COM 370334104 292 8000 SH DEFINED 2 8000 0 0 GENESEE & WYOMING INC-CL A CL A 371559105 260 6000 SH DEFINED 2 6000 0 0 GENESEE & WYOMING INC-CL A CL A 371559105 521 12000 SH DEFINED 2 12000 0 0 GEN-PROBE INC COM 36866T103 300 6200 SH DEFINED 2 6200 0 0 GEN-PROBE INC COM 36866T103 300 6200 SH DEFINED 2 6200 0 0 GILEAD SCIENCES INC COM 375558103 239 6700 SH DEFINED 2 6700 0 0 GLOBAL PAYMENTS INC COM 37940X102 283 6600 SH DEFINED 2 6600 0 0 GOLDMAN SACHS GROUP INC COM 38141G104 351 2425 SH DEFINED 2 2425 0 0 GOLDMAN SACHS GROUP INC COM 38141G104 2,169 15000 SH DEFINED 2 15000 0 0 GOOGLE INC CL A 38259P508 476 905 SH DEFINED 2 905 0 0 GOOGLE INC CL A 38259P508 670 1275 SH DEFINED 2 1275 0 0 GRAFTECH INTERNATIONAL LTD COM 384313102 243 15550 SH DEFINED 2 15550 0 0 HANSEN NATURAL CORP COM 411310105 329 7050 SH DEFINED 2 7050 0 0 HEARTLAND EXPRESS,INC. COM 422347104 388 26100 SH DEFINED 2 26100 0 0 HEARTLAND EXPRESS,INC. COM 422347104 448 30100 SH DEFINED 2 30100 0 0 HENRY JACK & ASSOCIATES INC COM 426281101 456 17877 SH DEFINED 2 17877 0 0 HENRY JACK & ASSOCIATES INC COM 426281101 622 24377 SH DEFINED 2 24377 0 0 HINGHAM INSTITUTION FOR SVGS COM 433323102 87 2300 SH DEFINED 2 2300 0 0 HINGHAM INSTITUTION FOR SVGS COM 433323102 3,549 94331 SH DEFINED 2 94331 0 0 HUDSON CITY BANCORP INC COM 443683107 268 21825 SH DEFINED 2 21825 0 0 HUDSON CITY BANCORP INC COM 443683107 702 57300 SH DEFINED 2 57300 0 0 HUDSON CITY BANCORP INC COM 443683107 2,084 170000 SH DEFINED 2 170000 0 0 HUDSON CITY BANCORP INC COM 443683107 2,329 190000 SH DEFINED 2 190000 0 0 HUNTINGTON BANCSHARES INC COM 446150104 1,423 250000 SH DEFINED 2 250000 0 0 HUNTINGTON BANCSHARES INC COM 446150104 1,479 260000 SH DEFINED 2 260000 0 0 IBERIABANK CORP COM 450828108 4,748 95000 SH DEFINED 2 95000 0 0 Impax Laboratories/ipxl COM 45256B101 253 12800 SH DEFINED 2 12800 0 0 Impax Laboratories/ipxl COM 45256B101 253 12800 SH DEFINED 2 12800 0 0 INDEPENDENT BANK CORP/MA COM 453836108 6,418 285011 SH DEFINED 2 285011 0 0 INGRAM MICRO CL A CL A 457153104 275 16325 SH DEFINED 2 16325 0 0 Integrys Energy Group COM 45822P105 3,125 60021 SH DEFINED 2 60021 0 0 INTEL CORP COM 458140100 899 46800 SH DEFINED 2 46800 0 0 INTL BUSINESS MACHINES CORP COM 459200101 912 6800 SH DEFINED 2 6800 0 0 INVESCO PLC-SPON. ADR ADR G491BT108 425 20000 SH DEFINED 3 0 0 20000 INVESTORS TITLE CO COM 461804106 111 3407 SH DEFINED 2 3407 0 0 INVESTORS TITLE CO COM 461804106 111 3407 SH DEFINED 2 3407 0 0 ISILON SYSTEMS INC COM 46432L104 71 3200 SH DEFINED 2 3200 0 0 ISILON SYSTEMS INC COM 46432L104 214 9600 SH DEFINED 2 9600 0 0 J C PENNEY CO INC COM 708160106 598 22000 SH DEFINED 2 22000 0 0
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 - -------------------------------------- -------------- --------- -------- -------- --- ---- ---------- -------- ------- ------ ------ J CREW GROUP INC COM 46612H402 399 11860 SH DEFINED 2 11860 0 0 J CREW GROUP INC COM 46612H402 399 11860 SH DEFINED 2 11860 0 0 JANUS CAPITAL GROUP INC COM 47102X105 339 31000 SH DEFINED 2 31000 0 0 JANUS CAPITAL GROUP INC COM 47102X105 339 31000 SH DEFINED 2 31000 0 0 JETBLUE AIRWAYS CORP COM 477143101 100 15000 SH DEFINED 2 15000 0 0 JOHNSON & JOHNSON COM 478160104 682 11000 SH DEFINED 2 11000 0 0 JOY GLOBAL INC COM 481165108 214 3050 SH DEFINED 2 3050 0 0 JPMORGAN CHASE & CO COM 46625H100 895 23525 SH DEFINED 2 23525 0 0 JPMORGAN CHASE & CO COM 46625H100 2,626 69000 SH DEFINED 2 69000 0 0 KB HOME COM 48666K109 2,436 215000 SH DEFINED 2 215000 0 0 KENETIC CONCEPTS INC COM NEW COM 49460W208 123 3350 SH DEFINED 2 3350 0 0 KENETIC CONCEPTS INC COM NEW COM 49460W208 210 5750 SH DEFINED 2 5750 0 0 KEYCORP COM 493267108 268 33650 SH DEFINED 2 33650 0 0 KEYCORP COM 493267108 680 85400 SH DEFINED 2 85400 0 0 KEYCORP COM 493267108 1,512 190000 SH DEFINED 2 190000 0 0 KEYCORP COM 493267108 1,910 240000 SH DEFINED 2 240000 0 0 KKR FINANCIAL GROUP COM 48248A306 6,673 760000 SH DEFINED 2 760000 0 0 KKR FINANCIAL HOLDINGS LLC KFN.N 7.5% NOTE 48248AAD0 2,157 1637 PRN DEFINED 3 1637 0 0 07/17 KNIGHT TRANSPORTATION INC COM 499064103 196 10150 SH DEFINED 2 10150 0 0 KNIGHT TRANSPORTATION INC COM 499064103 293 15150 SH DEFINED 2 15150 0 0 LACLEDE GROUP INC/THE COM 505597104 1,699 49350 SH DEFINED 2 49350 0 0 LAMAR ADVERTISING CO-CL A CL A 512815101 56,367 1771440 SH DEFINED 2 1771440 0 0 Lance Inc/lnce COM 514606102 230 10788 SH DEFINED 2 10788 0 0 Lexmark Int l COM 529771107 357 8000 SH DEFINED 2 8000 0 0 Lexmark Int l COM 529771107 531 11900 SH DEFINED 2 11900 0 0 Lexmark Int l COM 529771107 531 11900 SH DEFINED 2 11900 0 0 LOWE S COS INC COM 548661107 479 21500 SH DEFINED 2 21500 0 0 LYONDELLBASELL INDUSTRIES N V CL A CL A N53745100 239 10000 SH DEFINED 3 0 0 10000 MAGNA INTL INC CL A CL A 559222401 400 4865 SH DEFINED 2 4865 0 0 MARKEL CORP COM 570535104 64,438 187000 SH DEFINED 2 187000 0 0 MARRIOTT INTERNATIONAL-CL A COM 571903202 358 10000 SH DEFINED 2 10000 0 0 MARSHALL & ILSLEY CORP COM 571837103 179 25400 SH DEFINED 2 25400 0 0 MARSHALL & ILSLEY CORP COM 571837103 1,654 235000 SH DEFINED 2 235000 0 0 MASTEC INC MTZ.N 4.0% 06/14 NOTE 576323AG4 1,679 1672 PRN DEFINED 3 0 0 1672 MASTERCARD INC COM 57636Q104 2,352 10500 SH DEFINED 2 10500 0 0 MATTEL INC COM 577081102 374 15924 SH DEFINED 2 15924 0 0 MB FINANCIAL INC COM 55264U108 3,406 210000 SH DEFINED 2 210000 0 0 MBIA Inc/mbi COM 55262C100 1,206 120000 SH DEFINED 2 120000 0 0 MCDERMOTT INTERNATIONAL INC OPTIONS 1,418 96000 SH DEFINED 3 0 0 96000 MCDONALDS CORP COM 580135101 514 6900 SH DEFINED 2 6900 0 0 MDU RESOURCES GROUP INC COM 552690109 2,953 148025 SH DEFINED 2 148025 0 0 Merck & Co/mrk COM 58933Y105 692 18800 SH DEFINED 2 18800 0 0 METLIFE INC COM 59156R108 385 10000 SH DEFINED 2 10000 0 0 MGE ENERGY INC COM 55277P104 298 7523 SH DEFINED 2 7523 0 0 MGIC INVESTMENT CORP-WISC COM 552848103 120 13000 SH DEFINED 2 13000 0 0 MGIC INVESTMENT CORP-WISC COM 552848103 259 28100 SH DEFINED 2 28100 0 0 MGIC INVESTMENT CORP-WISC COM 552848103 923 100000 SH DEFINED 2 100000 0 0 MICROS SYSTEMS INC COM 594901100 551 13015 SH DEFINED 2 13015 0 0 MICROS SYSTEMS INC COM 594901100 757 17895 SH DEFINED 2 17895 0 0 MICROSOFT CORP COM 594918104 472 19280 SH DEFINED 2 19280 0 0 MICROSOFT CORP COM 594918104 809 33050 SH DEFINED 2 33050 0 0 MicroStrategy, Inc/mstr COM 594972408 294 3400 SH DEFINED 2 3400 0 0 MicroStrategy, Inc/mstr COM 594972408 407 4700 SH DEFINED 2 4700 0 0 MIPS TECHNOLOGIES INC COM 604567107 72 7350 SH DEFINED 2 7350 0 0 MIPS TECHNOLOGIES INC COM 604567107 214 22000 SH DEFINED 2 22000 0 0 Montpelier Re Hld/mrh COM G62185106 301 17384 SH DEFINED 2 17384 0 0 Montpelier Re Hld/mrh COM G62185106 301 17384 SH DEFINED 2 17384 0 0 MORGAN STANLEY COM 617446448 247 10000 SH DEFINED 2 10000 0 0 MORNINGSTAR INC COM COM 617700109 343 7690 SH DEFINED 2 7690 0 0
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 - -------------------------------------- -------------- --------- -------- -------- --- ---- ---------- -------- ------- ------ ------ MSC INDUSTRIALDIRECT CO-A CL A 553530106 378 7000 SH DEFINED 2 7000 0 0 NARA BANCORP INC COM 63080P105 3,173 450000 SH DEFINED 2 450000 0 0 NATIONAL FUEL GAS CO COM 636180101 6,603 127450 SH DEFINED 2 127450 0 0 NATIONAL GRID PLC SPON ADR NEW ADR 636274300 11,510 269306 SH DEFINED 2 269306 0 0 NATIONAL PENN BANCSHARES INC COM 637138108 4,844 775000 SH DEFINED 2 775000 0 0 NetLogic Microsys/netl COM 64118B100 56 2015 SH DEFINED 2 2015 0 0 NetLogic Microsys/netl COM 64118B100 171 6200 SH DEFINED 2 6200 0 0 Network Appliance/ntap COM 64110D104 224 4500 SH DEFINED 2 4500 0 0 NEW JERSEY RESOURCES CORP COM 646025106 2,752 70165 SH DEFINED 2 70165 0 0 NEW YORK COMMUNITY BANCORP COM 649445103 182 11185 SH DEFINED 2 11185 0 0 NEWALLIANCE BANCSHARES INC COM 650203102 694 55000 SH DEFINED 2 55000 0 0 NewMarket Corp/neu COM 651587107 430 3784 SH DEFINED 2 3784 0 0 NewMarket Corp/neu COM 651587107 430 3784 SH DEFINED 2 3784 0 0 NICOR INC COM 654086107 4,328 94450 SH DEFINED 2 94450 0 0 NIKE INC-CL B CL B 654106103 449 5600 SH DEFINED 2 5600 0 0 NISOURCE INC COM 65473P105 6,213 357050 SH DEFINED 2 357050 0 0 NORFOLK SOUTHERN CORP COM 655844108 952 16000 SH DEFINED 2 16000 0 0 NORTHEAST UTILITIES COM 664397106 821 27775 SH DEFINED 2 27775 0 0 NORTHSTAR REALTY FINANCE COR COM 66704R100 2,244 600000 SH DEFINED 2 600000 0 0 NORTHWEST BANCSHARES INC MD COM 667340103 6,484 580000 SH DEFINED 2 580000 0 0 NORTHWEST NATURAL GAS CO COM 667655104 2,781 58600 SH DEFINED 2 58600 0 0 Novo Nordish ADR 670100205 642 6520 SH DEFINED 2 6520 0 0 NUANCE COMM INC NUAN.O 2.75% 08/27 DBCV 67020YAB6 326 300 PRN DEFINED 3 0 0 300 O REILLY AUTOMOTIVE INC COM 686091109 71,930 1352076 SH DEFINED 2 1352076 0 0 OCEANFIRST FINANCIAL CORP COM 675234108 6,238 508400 SH DEFINED 2 508400 0 0 ONEOK INC COM 682680103 7,742 171900 SH DEFINED 2 171900 0 0 OPEN TEXT CORP COM COM 683715106 516 10975 SH DEFINED 2 10975 0 0 OPEN TEXT CORP COM COM 683715106 516 10975 SH DEFINED 2 10975 0 0 ORACLE CORP COM 68389X105 1,028 38300 SH DEFINED 2 38300 0 0 Owens & Minor/omi COM 690732102 278 9754 SH DEFINED 2 9754 0 0 Owens & Minor/omi COM 690732102 278 9754 SH DEFINED 2 9754 0 0 P G & E CORP COM 69331C108 10,118 222775 SH DEFINED 2 222775 0 0 Pall Corp COM 696429307 304 7295 SH DEFINED 2 7295 0 0 PANERA BREAD CO CL A CL A 69840W108 328 3700 SH DEFINED 2 3700 0 0 PANERA BREAD CO CL A CL A 69840W108 328 3700 SH DEFINED 2 3700 0 0 PAR PHARMACEUTICAL COS INC COM COM 69888P106 291 10000 SH DEFINED 2 10000 0 0 PAR PHARMACEUTICAL COS INC COM COM 69888P106 291 10000 SH DEFINED 2 10000 0 0 PAYCHEX INC COM 704326107 200 7275 SH DEFINED 2 7275 0 0 PAYCHEX INC COM 704326107 330 12000 SH DEFINED 2 12000 0 0 Peenymac Mgt Inv/pmt COM 70931T103 3,217 179811 SH DEFINED 2 179811 0 0 PENN NATIONAL GAMING INC COM 707569109 569 19200 SH DEFINED 2 19200 0 0 PENN NATIONAL GAMING INC COM 707569109 684 23100 SH DEFINED 2 23100 0 0 PENN NATIONAL GAMING INC COM 707569109 59,489 2009070 SH DEFINED 2 2009070 0 0 PEOPLES UTD FINL INC COM 712704105 134 10250 SH DEFINED 2 10250 0 0 PEOPLES UTD FINL INC COM 712704105 414 31600 SH DEFINED 2 31600 0 0 PEPCO HOLDINGS INC COM 713291102 278 14961 SH DEFINED 2 14961 0 0 Pepsico/pep COM 713448108 452 6800 SH DEFINED 2 6800 0 0 PHARMACEUTICAL PRODUCT DEVEL COM 717124101 317 12800 SH DEFINED 2 12800 0 0 PHARMACEUTICAL PRODUCT DEVEL COM 717124101 317 12800 SH DEFINED 2 12800 0 0 PHH CORP PHH.N 4.0% 09/14 NOTE 693320AJ2 4,458 4160 PRN DEFINED 3 0 0 4160 PIEDMONT NATURAL GAS CO COM 720186105 4,496 155050 SH DEFINED 2 155050 0 0 PIONEER NATURAL RESOURCES CO COM 723787107 350 5375 SH DEFINED 2 5375 0 0 PMI GROUP INC/THE COM 69344M101 1,395 380000 SH DEFINED 2 380000 0 0 PNC FINANCIAL SERVICES GROUP COM 693475105 2,440 47000 SH DEFINED 2 47000 0 0 POLARIS INDUSTRIES, INC. COM 731068102 404 6200 SH DEFINED 2 6200 0 0 POLARIS INDUSTRIES, INC. COM 731068102 404 6200 SH DEFINED 2 6200 0 0 POLYCOM INC COM COM 73172K104 165 6050 SH DEFINED 2 6050 0 0 POLYCOM INC COM COM 73172K104 379 13900 SH DEFINED 2 13900 0 0 POPULAR INC COM 733174106 2,393 825000 SH DEFINED 2 825000 0 0 PORTFOLIO RECOVERY ASSOCIATE COM 73640Q105 5,173 80000 SH DEFINED 2 80000 0 0
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 - -------------------------------------- -------------- --------- -------- -------- --- ---- ---------- -------- ------- ------ ------ PORTLAND G.E. CO. COM 736508847 286 14100 SH DEFINED 2 14100 0 0 PRIVATEBANCORP INC COM 742962103 1,025 90000 SH DEFINED 2 90000 0 0 PROVIDENT FINANCIAL SERVICES COM 74386T105 5,809 470000 SH DEFINED 2 470000 0 0 PRUDENTIAL FINANCIAL INC COM 744320102 710 13100 SH DEFINED 2 13100 0 0 PUBLIC SERVICE ENTERPRISE GP COM 744573106 7,775 235025 SH DEFINED 2 235025 0 0 PULTE HOMES INC COM 745867101 438 50000 SH DEFINED 2 50000 0 0 QLOGIC CORP COM 747277101 552 31275 SH DEFINED 2 31275 0 0 QLOGIC CORP COM 747277101 641 36325 SH DEFINED 2 36325 0 0 QUESTAR CORP COM 748356102 4,046 230795 SH DEFINED 2 230795 0 0 RADIAN GROUP INC COM 750236101 140 17900 SH DEFINED 2 17900 0 0 RADIAN GROUP INC COM 750236101 212 27100 SH DEFINED 2 27100 0 0 RADIAN GROUP INC COM 750236101 1,290 165000 SH DEFINED 2 165000 0 0 RAIT INVESTMENT TRUST COM 749227104 495 300000 SH DEFINED 2 300000 0 0 REDWOOD TRUST INC COM 758075402 795 55000 SH DEFINED 2 55000 0 0 REGIONS FINANCIAL CORP COM 7591EP100 225 31000 SH DEFINED 2 31000 0 0 REGIONS FINANCIAL CORP COM 7591EP100 1,599 220000 SH DEFINED 2 220000 0 0 Roadrunner Transport Syst/rrts COM 76973Q105 87 8000 SH DEFINED 2 8000 0 0 Roadrunner Transport Syst/rrts COM 76973Q105 87 8000 SH DEFINED 2 8000 0 0 ROLLINS INC COM COM 775711104 306 13070 SH DEFINED 2 13070 0 0 ROPER INDUSTRIES INC COM 776696106 351 5392 SH DEFINED 2 5392 0 0 SAKS INC COM 79377W108 86 10000 SH DEFINED 2 10000 0 0 SAKS INC SKS.N 2.0%03/24 NOTE 79377WAL2 924 1000 PRN DEFINED 3 0 0 1000 Salesforce.com/crm COM 79466L302 169 1512 SH DEFINED 2 1512 0 0 Salesforce.com/crm COM 79466L302 201 1800 SH DEFINED 2 1800 0 0 SAP AG-SPONSORED ADR ADR 803054204 477 9670 SH DEFINED 2 9670 0 0 SAP AG-SPONSORED ADR ADR 803054204 1,053 21350 SH DEFINED 2 21350 0 0 SCHNITZER STEEL INDS INC-A CL A 806882106 258 5350 SH DEFINED 2 5350 0 0 SCHNITZER STEEL INDS INC-A CL A 806882106 374 7750 SH DEFINED 2 7750 0 0 SCHWAB (CHARLES) CORP COM 808513105 12,677 912000 SH DEFINED 2 912000 0 0 SEI INVESTMENTS CO COM 784117103 272 13350 SH DEFINED 2 13350 0 0 SEMPRA ENERGY COM COM 816851109 11,593 215490 SH DEFINED 2 215490 0 0 SIGMA-ALDRICH COM 826552101 298 4934 SH DEFINED 2 4934 0 0 SIGNET JEWELERS LTD. COM G81276100 292 9200 SH DEFINED 2 9200 0 0 SILICON LABORATORIES INC COM 826919102 293 8000 SH DEFINED 2 8000 0 0 SIMPSON MANUFACTURING CO INC COM 829073105 180 7000 SH DEFINED 2 7000 0 0 SIMPSON MANUFACTURING CO INC COM 829073105 21,269 825000 SH DEFINED 2 825000 0 0 Sirona Dental Sys/siro COM 82966C103 483 13400 SH DEFINED 2 13400 0 0 Sirona Dental Sys/siro COM 82966C103 589 16350 SH DEFINED 2 16350 0 0 SMITH (A.O.) CORP COM 831865209 557 9625 SH DEFINED 2 9625 0 0 Solera Holdings Inc/slh COM 83421A104 331 7500 SH DEFINED 2 7500 0 0 Solera Holdings Inc/slh COM 83421A104 523 11850 SH DEFINED 2 11850 0 0 SOUTH JERSEY INDUSTRIES COM 838518108 2,463 49785 SH DEFINED 2 49785 0 0 SOUTHERN UNION CO COM 844030106 5,184 215458 SH DEFINED 2 215458 0 0 SOUTHWEST GAS CORP COM 844895102 3,260 97062 SH DEFINED 2 97062 0 0 SPECTRA ENERGY CORP COM COM 847560109 11,834 524793 SH DEFINED 2 524793 0 0 SPIRIT AEROSYSTEMS HOLD-CL A CL A 848574109 299 15000 SH DEFINED 2 15000 0 0 SPRINT NEXTEL CORPORATION CALL S OPTIONS 225 2500 CALL DEFINED 3 0 0 2500 01/22/11 STATE BANCORP INC COM 855716106 4,467 497461 SH DEFINED 2 497461 0 0 STERLITE INDUSTRIES INDI-ADR SLT.N NOTE 859737AB4 484 500 PRN DEFINED 3 0 0 500 4.0% 10/14 STEVEN MADDEN LTD COM 556269108 365 8900 SH DEFINED 2 8900 0 0 STEVEN MADDEN LTD COM 556269108 448 10900 SH DEFINED 2 10900 0 0 STRYKER CORP COM 863667101 686 13700 SH DEFINED 2 13700 0 0 SUNSTONE HOTEL INVESTORS INC COM 867892101 420 46300 SH DEFINED 2 46300 0 0 SUNSTONE HOTEL INVESTORS INC COM 867892101 420 46300 SH DEFINED 2 46300 0 0 SUNTRUST BANKS INC COM 867914103 1,808 70000 SH DEFINED 2 70000 0 0 SUSQUEHANNA BANCSHARES INC COM 869099101 4,642 550000 SH DEFINED 2 550000 0 0 SYNOVUS FINANCIAL CORP COM 87161C105 5,412 2200000 SH DEFINED 2 2200000 0 0 Sysco Corp/syy COM 871829107 799 28000 SH DEFINED 2 28000 0 0
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 - -------------------------------------- -------------- --------- -------- -------- --- ---- ---------- -------- ------- ------ ------ T ROWE PRICE GROUP INC COM 74144T108 341 6821 SH DEFINED 2 6821 0 0 T ROWE PRICE GROUP INC COM 74144T108 855 17075 SH DEFINED 2 17075 0 0 T ROWE PRICE GROUP INC COM 74144T108 6,258 125000 SH DEFINED 2 125000 0 0 TARGET CORP COM COM 87612E106 759 14200 SH DEFINED 2 14200 0 0 TCF FINANCIAL CORP COM 872275102 2,752 170000 SH DEFINED 2 170000 0 0 TECHNE CORP COM 878377100 270 4375 SH DEFINED 2 4375 0 0 TECHNE CORP COM 878377100 270 4375 SH DEFINED 2 4375 0 0 TECHNE CORP COM 878377100 295 4785 SH DEFINED 2 4785 0 0 TECO ENERGY INC COM 872375100 982 56690 SH DEFINED 2 56690 0 0 TELEPHONE & DATA SYS INC COM 879433100 257 7850 SH DEFINED 2 7850 0 0 TELLABS INC COM 879664100 119 16000 SH DEFINED 2 16000 0 0 Tencent Holdings/tcehy ADR 88032Q109 455 20731 SH DEFINED 2 20731 0 0 TERADATA CORP COM 88076W103 1,427 37000 SH DEFINED 2 37000 0 0 TERADYNE INC COM 880770102 377 33800 SH DEFINED 2 33800 0 0 TERRITORIAL BANCORP INC COM 88145X108 4,799 285164 SH DEFINED 2 285164 0 0 TEVA PHARMACEUTICAL-SP ADR ADR 881624209 459 8695 SH DEFINED 2 8695 0 0 TEXAS INSTRUMENTS INC COM 882508104 364 13400 SH DEFINED 2 13400 0 0 TIBCO SOFTWARE INC COM 88632Q103 656 37000 SH DEFINED 2 37000 0 0 TIBCO SOFTWARE INC COM 88632Q103 745 42000 SH DEFINED 2 42000 0 0 TIFFANY & CO COM 886547108 354 7535 SH DEFINED 2 7535 0 0 TJX COMPANIES INC NEW COM 872540109 585 13100 SH DEFINED 2 13100 0 0 TORO CO COM 891092108 427 7600 SH DEFINED 2 7600 0 0 TRANSCANADA CORP COM 89353D107 11,487 309465 SH DEFINED 2 309465 0 0 TYSON FOODS INC-CL A CL A 902494103 230 14375 SH DEFINED 2 14375 0 0 UAL CORP UAUA.O 4.5% 06/21 NOTE 902549AH7 1,511 1500 PRN DEFINED 3 0 0 1500 UDR INC COM 902653104 273 12910 SH DEFINED 2 12910 0 0 UGI CORP COM 902681105 2,105 73575 SH DEFINED 2 73575 0 0 UNILEVER PLC - ADR ADR 904767704 741 25450 SH DEFINED 2 25450 0 0 UNION PACIFIC CORP COM 907818108 569 6950 SH DEFINED 2 6950 0 0 UNITED COMMUNITY BANKS INC COM 90984P105 616 275000 SH DEFINED 2 275000 0 0 BLAIRSVILLE GA UNITED FINANCIAL BANCORP INC COM 91030T109 324 24000 SH DEFINED 2 24000 0 0 UNITED STATES STL CORP NEW COM COM 912909108 246 5600 SH DEFINED 2 5600 0 0 Unitil Corp/utl COM 913259107 265 12058 SH DEFINED 2 12058 0 0 US BANCORP COM 902973304 1,730 80000 SH DEFINED 2 80000 0 0 USEC INC USU.N 3.0% 10/14 NOTE 90333EAC2 980 1250 PRN DEFINED 3 1250 0 1250 VALSPAR CORP COM 920355104 255 8000 SH DEFINED 2 8000 0 0 VARIAN MEDICAL SYSTEMS INC COM 92220P105 341 5644 SH DEFINED 2 5644 0 0 VECTREN CORPORATION COM 92240G101 1,923 74330 SH DEFINED 2 74330 0 0 VF Corp COM 918204108 343 4229 SH DEFINED 2 4229 0 0 VF Corp COM 918204108 389 4800 SH DEFINED 2 4800 0 0 Viewpoint Finl/vpfgd COM 92672A101 509 55000 SH DEFINED 2 55000 0 0 VISA INC-CLASS A SHARES CL A 92826C839 342 4600 SH DEFINED 2 4600 0 0 VISA INC-CLASS A SHARES CL A 92826C839 493 6645 SH DEFINED 2 6645 0 0 VISA INC-CLASS A SHARES CL A 92826C839 2,525 34000 SH DEFINED 2 34000 0 0 VMWARE INC-CLASS A CL A 928563402 305 3595 SH DEFINED 2 3595 0 0 WALGREEN CO COM 931422109 425 12700 SH DEFINED 2 12700 0 0 WAL-MART STORES INC COM 931142103 918 17150 SH DEFINED 2 17150 0 0 WALTER INVESTMENT MANAGEMENT CORP COM 93317W102 2,099 120000 SH DEFINED 2 120000 0 0 WASHINGTON FEDERAL INC COM 938824109 6,438 421321 SH DEFINED 2 421321 0 0 Wave Systems COM 943526301 67 29956 SH DEFINED 2 29956 0 0 WEBSTER FINANCIAL CORP COM 947890109 158 9000 SH DEFINED 2 9000 0 0 WEBSTER FINANCIAL CORP COM 947890109 3,512 200000 SH DEFINED 2 200000 0 0 WELLS FARGO & COMPANY COM 949746101 2,260 90000 SH DEFINED 2 90000 0 0 WERNER ENTERPRISES INC COM 950755108 456 22250 SH DEFINED 2 22250 0 0 Wesco Financial/wsc COM 950817106 297 828 SH DEFINED 2 828 0 0 WESCO INTERNATIONAL INC WCC.N 2.625% NOTE 95082PAE5 3,108 3041 PRN DEFINED 3 0 0 3041 10/25 WESTAR ENERGY INC COM 95709T100 258 10650 SH DEFINED 2 10650 0 0 WESTERN ALLIANCE BANCORP COM 957638109 1,016 151591 SH DEFINED 2 151591 0 0
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 - -------------------------------------- -------------- --------- -------- -------- --- ---- ---------- -------- ------- ------ ------ WGL HOLDINGS INC COM 92924F106 3,901 103250 SH DEFINED 2 103250 0 0 WHITE MOUNTAINS INS GROUP LTD COM G9618E107 255 827 SH DEFINED 2 827 0 0 WHITE MOUNTAINS INS GROUP LTD COM G9618E107 255 827 SH DEFINED 2 827 0 0 WHITE RIVER CAPITAL INC COM 96445P105 2,855 173137 SH DEFINED 2 173137 0 0 WILLIAMS COS INC COM 969457100 7,572 396250 SH DEFINED 2 396250 0 0 WISCONSIN ENERGY CORP COM 976657106 1,588 27480 SH DEFINED 2 27480 0 0 WRIGHT EXPRESS CORP COM 98233Q105 325 9110 SH DEFINED 2 9110 0 0 WRIGHT EXPRESS CORP COM 98233Q105 325 9110 SH DEFINED 2 9110 0 0 WSFS FINANCIAL CORP COM 929328102 5,439 145000 SH DEFINED 2 145000 0 0 XCEL ENERGY INC COM 98389B100 227 9873 SH DEFINED 2 9873 0 0 XCEL ENERGY INC COM 98389B100 2,567 111775 SH DEFINED 2 111775 0 0 ZIMMER HLDGS INC COM 98956P102 283 5400 SH DEFINED 2 5400 0 0 ZIONS BANCORPORATION COM 989701107 125 5850 SH DEFINED 2 5850 0 0 ZIONS BANCORPORATION COM 989701107 427 20000 SH DEFINED 2 20000 0 0 ZIONS BANCORPORATION COM 989701107 6,088 285000 SH DEFINED 2 285000 0 0
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