0001085146-12-000459.txt : 20120215 0001085146-12-000459.hdr.sgml : 20120215 20120215094530 ACCESSION NUMBER: 0001085146-12-000459 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20111231 FILED AS OF DATE: 20120215 DATE AS OF CHANGE: 20120215 EFFECTIVENESS DATE: 20120215 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Nicholas Investment Partners, LP CENTRAL INDEX KEY: 0001389574 IRS NUMBER: 861162233 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-12426 FILM NUMBER: 12614450 BUSINESS ADDRESS: STREET 1: 6451 EL SICOMORO STREET CITY: RANCHO SANTA FE STATE: CA ZIP: 92067 BUSINESS PHONE: 858-759-4545 MAIL ADDRESS: STREET 1: 6451 EL SICOMORO STREET CITY: RANCHO SANTA FE STATE: CA ZIP: 92067 FORMER COMPANY: FORMER CONFORMED NAME: Wagonhound Investments, LP DATE OF NAME CHANGE: 20070209 13F-HR 1 nicholas4q2011.txt NICHOLAS INVESTMENT PARTNERS LP UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F Form 13F COVER PAGE Report for the Calendar Year or Quarter Ended: December 31, 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: Nicholas Investment Partners LP Address: 6451 El Sicomoro Street Rancho Santa Fe, CA 92067 13F File Number: 028-12426 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: Christopher Siriani Title: Chief Compliance Officer Phone: 858-759-4545 Signature, Place, and Date of Signing: /s/ Christopher Siriani Rancho Santa Fe, CA February 13, 2012 Report Type (Check only one.): [ X] 13F HOLDINGS REPORT. [ ] 13F NOTICE. [ ] 13F COMBINATION REPORT. FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 1 Form 13F Information Table Entry Total: 236 Form 13F Information Table Value Total: $550,432 (thousands) List of Other Included Managers: Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional managers with respect to which this report is filed, other than the manager filing this report. No. 13F File Number Name 01 028- Hatteras Alternative Mutual Funds Trust FORM 13F INFORMATION TABLE VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- ABIOMED INC COM 003654100 1450 78483 SH SOLE 27600 0 50883 ACCRETIVE HEALTH INC COM 00438V103 2181 70767 SH SOLE 46270 0 48646 ADVANCED MICRO DEVICES INC NOTE 5.750% 8/1 007903AN7 2020 2000000 PRN SOLE 2000000 0 0 AGIC GLOBAL EQUITY & CONV IN COM 00119R108 587 45666 SH SOLE 45666 0 0 AIR LEASE CORP CL A 00912X302 1281 47328 SH SOLE 18736 0 35294 AIRTRAN HLDGS INC NOTE 5.250%11/0 00949PAD0 2683 2100000 PRN SOLE 1915000 0 185000 ALERE INC NOTE 3.000% 5/1 01449JAA3 4098 4325000 PRN SOLE 3995000 0 330000 ALEXION PHARMACEUTICALS INC COM 015351109 1882 23034 SH SOLE 9135 0 17180 ALKERMES PLC SHS G01767105 1623 93505 SH SOLE 31463 0 62042 ALLEGHENY TECHNOLOGIES INC NOTE 4.250% 6/0 01741RAD4 4672 3340000 PRN SOLE 3100000 0 240000 ALLERGAN INC COM 018490102 1127 12840 SH SOLE 12840 0 0 ALLIANCE DATA SYSTEMS CORP COM 018581108 1233 14770 SH SOLE 5857 0 11016 ALLIANCE DATA SYSTEMS CORP NOTE 1.750% 8/0 018581AD0 6047 4410000 PRN SOLE 4125000 0 285000 ALLIED WRLD ASSUR COM HLDG A SHS H01531104 22026 350000 SH SOLE 350000 0 0 AMAZON COM INC COM 023135106 831 4800 SH SOLE 4800 0 0 AMERICAN RAILCAR INDS INC COM 02916P103 1860 77714 SH SOLE 26230 0 51484 ANADARKO PETE CORP COM 032511107 713 9344 SH SOLE 9344 0 0 ANIXTER INTL INC COM 035290105 1046 18509 SH SOLE 7341 0 13804 ANIXTER INTL INC NOTE 1.000% 2/1 035290AJ4 3496 3070000 PRN SOLE 2801000 0 269000 ANNALY CAP MGMT INC NOTE 4.000% 2/1 035710AA0 2796 2472000 PRN SOLE 2234000 0 238000 APACHE CORP COM 037411105 556 6133 SH SOLE 6133 0 0 ARCHER DANIELS MIDLAND CO NOTE 0.875% 2/1 039483AW2 4136 4115000 PRN SOLE 3785000 0 330000 ARCOS DORADOS HOLDINGS INC SHS CLASS -A - G0457F107 1492 72660 SH SOLE 72660 0 0 ARCTIC CAT INC COM 039670104 1215 53879 SH SOLE 18844 0 35035 ARM HLDGS PLC SPONSORED ADR 042068106 2456 52225 SH SOLE 49829 0 38946 ARVINMERITOR INC FRNT 4.625% 3/0 043353AF8 1973 2675000 PRN SOLE 2420000 0 255000 ATMEL CORP COM 049513104 1493 73428 SH SOLE 129625 0 54757 ATRICURE INC COM 04963C209 604 54399 SH SOLE 18658 0 35741 AUTOZONE INC COM 053332102 562 1729 SH SOLE 1729 0 0 AVIS BUDGET GROUP COM 053774105 731 88199 SH SOLE 30212 0 57987 AVIS BUDGET GROUP NOTE 3.500%10/0 053774AB1 4228 4145000 PRN SOLE 3810000 0 335000 BE AEROSPACE INC COM 073302101 1882 42573 SH SOLE 16877 0 31748 BERRY PETE CO CL A 085789105 2577 56695 SH SOLE 21010 0 40325 BODY CENT CORP COM 09689U102 1356 54335 SH SOLE 19725 0 34610 BROADCOM CORP CL A 111320107 1114 33233 SH SOLE 13172 0 24782 BROADSOFT INC COM 11133B409 2435 56669 SH SOLE 44042 0 36575 CALAMOS CONV & HIGH INCOME F COM SHS 12811P108 1191 103000 SH SOLE 103000 0 0 CALAVO GROWERS INC COM 128246105 1287 50098 SH SOLE 17785 0 32313 CAMERON INTERNATIONAL CORP COM 13342B105 2166 26450 SH SOLE 24307 0 19724 CARBO CERAMICS INC COM 140781105 1574 11167 SH SOLE 4430 0 8329 CARDIOVASCULAR SYS INC DEL COM 141619106 1522 154499 SH SOLE 54947 0 99552 CARDTRONICS INC COM 14161H108 2697 99674 SH SOLE 35500 0 64174 CARIBOU COFFEE INC COM 142042209 1353 97008 SH SOLE 32662 0 64346 CBRE GROUP INC CL A 12504L109 506 33256 SH SOLE 33256 0 0 CELANESE CORP DEL COM SER A 150870103 1417 28028 SH SOLE 11107 0 20901 CF INDS HLDGS INC COM 125269100 1753 7008 SH SOLE 6864 0 5226 CHART INDS INC COM PAR $0.01 16115Q308 2509 52410 SH SOLE 17160 0 35250 CHART INDS INC NOTE 2.000% 8/0 16115QAC4 4611 4365000 PRN SOLE 4065000 0 300000 CHIPOTLE MEXICAN GRILL INC COM 169656105 1435 3721 SH SOLE 1475 0 2775 CHIQUITA BRANDS INTL INC NOTE 4.250% 8/1 170032AT3 1254 1465000 PRN SOLE 1160000 0 305000 CHURCH & DWIGHT INC COM 171340102 1867 35709 SH SOLE 14165 0 26637 CIRRUS LOGIC INC COM 172755100 1521 95945 SH SOLE 32300 0 63645 CITRIX SYS INC COM 177376100 1546 22298 SH SOLE 8832 0 16628 CLIFFS NATURAL RESOURCES INC COM 18683K101 1639 23038 SH SOLE 9102 0 17180 COACH INC COM 189754104 1210 17350 SH SOLE 6883 0 12937 COGNIZANT TECHNOLOGY SOLUTIO CL A 192446102 1665 15409 SH SOLE 14401 0 11489 COLONY FINL INC COM 19624R106 1078 68600 SH SOLE 68600 0 0 COMMVAULT SYSTEMS INC COM 204166102 3664 81646 SH SOLE 30236 0 55530 COPA HOLDINGS SA CL A P31076105 2023 17710 SH SOLE 21265 0 13209 CORNERSTONE ONDEMAND INC COM 21925Y103 2158 78006 SH SOLE 65941 0 52350 CROCS INC COM 227046109 684 46304 SH SOLE 15607 0 30697 CUBIST PHARMACEUTICALS INC COM 229678107 1997 47412 SH SOLE 17690 0 32703 CUMMINS INC COM 231021106 1361 13540 SH SOLE 5363 0 10098 CVS CAREMARK CORPORATION COM 126650100 641 15724 SH SOLE 15724 0 0 CYPRESS SEMICONDUCTOR CORP COM 232806109 1760 104187 SH SOLE 37472 0 66715 D R HORTON INC NOTE 2.000% 5/1 23331ABB4 584 500000 PRN SOLE 500000 0 0 DAVITA INC COM 23918K108 1682 19412 SH SOLE 7701 0 14485 DECKERS OUTDOOR CORP COM 243537107 1083 12549 SH SOLE 4972 0 9360 DEXCOM INC COM 252131107 1411 151588 SH SOLE 51178 0 100410 DIGIRAD CORP COM 253827109 439 224066 SH SOLE 224066 0 0 DISCOVERY COMMUNICATNS NEW COM SER A 25470F104 1753 37445 SH SOLE 14850 0 27928 DSW INC CL A 23334L102 2224 27489 SH SOLE 29814 0 20502 DUNKIN BRANDS GROUP INC COM 265504100 1347 47212 SH SOLE 18698 0 35213 DYNAVAX TECHNOLOGIES CORP COM 268158102 1039 312886 SH SOLE 110295 0 202591 E M C CORP MASS NOTE 1.750%12/0 268648AM4 3336 2325000 PRN SOLE 2145000 0 180000 EDWARDS LIFESCIENCES CORP COM 28176E108 1279 15821 SH SOLE 6291 0 11798 ELIZABETH ARDEN INC COM 28660G106 2963 80006 SH SOLE 28495 0 51511 ENDOLOGIX INC COM 29266S106 1349 117536 SH SOLE 42204 0 75332 ENERGY XXI (BERMUDA) LTD USD UNRS SHS G10082140 2336 73284 SH SOLE 25957 0 47327 ENSCO PLC SPONSORED ADR 29358Q109 2333 26534 SH SOLE 29935 0 19787 EXCEL TR INC COM 30068C109 1538 128145 SH SOLE 128145 0 0 EXPRESS INC COM 30219E103 1250 62663 SH SOLE 21085 0 41578 EXTERRAN HLDGS INC NOTE 4.250% 6/1 30225XAA1 2436 2745000 PRN SOLE 2480000 0 265000 F5 NETWORKS INC COM 315616102 1652 13625 SH SOLE 5406 0 10162 FAMILY DLR STORES INC COM 307000109 609 10567 SH SOLE 10567 0 0 FASTENAL CO COM 311900104 1711 34334 SH SOLE 13632 0 25606 FINANCIAL ENGINES INC COM 317485100 1584 70950 SH SOLE 23892 0 47058 FORTINET INC COM 34959E109 3818 163676 SH SOLE 61195 0 113879 FREEPORT-MCMORAN COPPER & GO COM 35671D857 1123 30528 SH SOLE 30528 0 0 FURMANITE CORPORATION COM 361086101 1417 224495 SH SOLE 75929 0 148566 GATX CORP COM 361448103 4400 76325 SH SOLE 47680 0 53091 GILEAD SCIENCES INC NOTE 1.000% 5/0 375558AN3 4446 4060000 PRN SOLE 3720000 0 340000 GLOBE SPECIALTY METALS INC COM 37954N206 1052 78575 SH SOLE 26459 0 52116 GNC HLDGS INC COM CL A 36191G107 1339 41968 SH SOLE 12027 0 34241 GULFPORT ENERGY CORP COM NEW 402635304 3963 127125 SH SOLE 47528 0 87031 HALLIBURTON CO COM 406216101 346 10000 SH SOLE 10000 0 0 HEALTHSTREAM INC COM 42222N103 1298 70356 SH SOLE 24489 0 45867 HERTZ GLOBAL HOLDINGS INC COM 42805T105 2447 105741 SH SOLE 129977 0 78852 HEXCEL CORP NEW COM 428291108 1318 54421 SH SOLE 19545 0 34876 HFF INC CL A 40418F108 978 94676 SH SOLE 34000 0 60676 HITTITE MICROWAVE CORP COM 43365Y104 908 18388 SH SOLE 6190 0 12198 HMS HLDGS CORP COM 40425J101 1242 34018 SH SOLE 13472 0 25361 HOLOGIC INC FRNT 2.000%12/1 436440AB7 4227 3865000 PRN SOLE 3515000 0 350000 HUNT J B TRANS SVCS INC COM 445658107 1180 22927 SH SOLE 9084 0 17097 HYATT HOTELS CORP COM CL A 448579102 1225 28495 SH SOLE 11301 0 21253 INFORMATICA CORP COM 45666Q102 1438 34084 SH SOLE 13517 0 25422 INSULET CORP NOTE 3.750% 6/1 45784PAC5 1752 1730000 PRN SOLE 1565000 0 165000 INTERNATIONAL GAME TECHNOLOG NOTE 3.250% 5/0 459902AQ5 3717 3140000 PRN SOLE 2915000 0 225000 INTEROIL CORP NOTE 2.750%11/1 460951AC0 3316 4100000 PRN SOLE 3815000 0 285000 INTUIT COM 461202103 1043 17363 SH SOLE 6886 0 12950 IPG PHOTONICS CORP COM 44980X109 950 28050 SH SOLE 9440 0 18610 ISHARES TR DJ SEL DIV INX 464287168 2975 55319 SH SOLE 55319 0 0 ISHARES TR FTSE CHINA25 IDX 464287184 848 24327 SH SOLE 24327 0 0 ISHARES TR RUSL 2000 GROW 464287648 1176 13416 SH SOLE 13416 0 0 ISHARES TR RUSSELL 2000 464287655 520 2855 SH SOLE 4088 0 2855 IXIA NOTE 3.000%12/1 45071RAB5 1757 1795000 PRN SOLE 1530000 0 265000 JEFFERIES GROUP INC NEW DBCV 3.875%11/0 472319AG7 825 1000000 PRN SOLE 1000000 0 0 JIVE SOFTWARE INC COM 47760A108 1095 68454 SH SOLE 21960 0 46494 JOHNSON CTLS INC COM 478366107 1772 33572 SH SOLE 31643 0 25035 JONES LANG LASALLE INC COM 48020Q107 635 9079 SH SOLE 3599 0 6771 JOY GLOBAL INC COM 481165108 788 9190 SH SOLE 3652 0 6855 KANSAS CITY SOUTHERN COM NEW 485170302 986 12699 SH SOLE 5021 0 9470 KEY ENERGY SVCS INC COM 492914106 2024 130835 SH SOLE 45887 0 84948 KKR & CO L P DEL COM UNITS 48248M102 2828 107331 SH SOLE 140381 0 80036 KKR FINANCIAL HLDGS LLC NOTE 7.500% 1/1 48248AAD0 2475 1830000 PRN SOLE 1655000 0 175000 KODIAK OIL & GAS CORP COM 50015Q100 2100 221092 SH SOLE 79430 0 141662 KRATON PERFORMANCE POLYMERS COM 50077C106 983 48425 SH SOLE 16349 0 32076 LAS VEGAS SANDS CORP COM 517834107 109134 2554031 SH SOLE 2554031 0 0 LAUDER ESTEE COS INC CL A 518439104 1784 13913 SH SOLE 5511 0 10375 LENNAR CORP CL A 526057104 1201 53494 SH SOLE 21235 0 39874 LIMITED BRANDS INC COM 532716107 2020 43840 SH SOLE 17369 0 32693 LIZ CLAIBORNE INC COM 539320101 2730 236530 SH SOLE 162628 0 153749 LOGMEIN INC COM 54142L109 907 23527 SH SOLE 8449 0 15078 LULULEMON ATHLETICA INC COM 550021109 831 17804 SH SOLE 4526 0 13278 LYONDELLBASELL INDUSTRIES N SHS - A - N53745100 1478 39959 SH SOLE 15692 0 29798 MADDEN STEVEN LTD COM 556269108 1351 39149 SH SOLE 13935 0 25214 MAP PHARMACEUTICALS INC COM 56509R108 903 68527 SH SOLE 23126 0 45401 MARCHEX INC CL B 56624R108 823 131750 SH SOLE 44331 0 87419 MARTEN TRANS LTD COM 573075108 1233 68555 SH SOLE 23101 0 45454 MAXIMUS INC COM 577933104 2925 66019 SH SOLE 25019 0 45730 MDC PARTNERS INC CL A SUB VTG 552697104 972 71924 SH SOLE 25830 0 46094 MERGE HEALTHCARE INC COM 589499102 905 186531 SH SOLE 62746 0 123785 MERITAGE HOMES CORP COM 59001A102 677 29173 SH SOLE 10591 0 18582 METLIFE INC UNIT 99/99/9999 59156R116 3046 49425 SH SOLE 45250 0 4175 MGM RESORTS INTERNATIONAL NOTE 4.250% 4/1 55303QAE0 2713 2860000 PRN SOLE 2643000 0 217000 MICHAEL KORS HLDGS LTD SHS G60754101 245 7850 SH SOLE 3145 0 5853 MICROCHIP TECHNOLOGY INC COM 595017104 935 22339 SH SOLE 8853 0 16659 MITEK SYS INC COM NEW 606710200 1312 122645 SH SOLE 99301 0 81691 MONRO MUFFLER BRAKE INC COM 610236101 1277 32910 SH SOLE 11077 0 21833 MORGANS HOTEL GROUP CO NOTE 2.375%10/1 61748WAB4 488 600000 PRN SOLE 600000 0 0 NAVISTAR INTL CORP NEW NOTE 3.000%10/1 63934EAL2 5115 3755000 PRN SOLE 4447000 0 308000 NETAPP INC COM 64110D104 764 28094 SH SOLE 11127 0 20950 NETAPP INC NOTE 1.750% 6/0 64110DAB0 3586 2840000 PRN SOLE 2620000 0 220000 NETSUITE INC COM 64118Q107 1560 38482 SH SOLE 13510 0 24972 NEWELL RUBBERMAID INC COM 651229106 2717 105410 SH SOLE 89659 0 78607 NEWPARK RES INC COM PAR $.01NEW 651718504 2591 304487 SH SOLE 107417 0 197070 NEWPARK RES INC NOTE 4.000%10/0 651718AC2 2977 2600000 PRN SOLE 2410000 0 190000 NORDSTROM INC COM 655664100 1552 27343 SH SOLE 10828 0 20390 NXSTAGE MEDICAL INC COM 67072V103 776 43659 SH SOLE 14701 0 28958 OIL STS INTL INC COM 678026105 2289 26245 SH SOLE 10395 0 19572 OLD DOMINION FGHT LINES INC COM 679580100 2048 47565 SH SOLE 17926 0 32615 OMNICARE INC DBCV 3.250%12/1 681904AL2 3211 3500000 PRN SOLE 3166000 0 334000 ON SEMICONDUCTOR CORP COM 682189105 1519 172227 SH SOLE 68291 0 128435 OPNET TECHNOLOGIES INC COM 683757108 1729 47147 SH SOLE 16593 0 30554 PANERA BREAD CO CL A 69840W108 1644 10161 SH SOLE 4035 0 7588 PARAMETRIC TECHNOLOGY CORP COM NEW 699173209 1435 78591 SH SOLE 26596 0 51995 PHARMASSET INC COM 71715N106 568 4434 SH SOLE 4434 0 0 PIER 1 IMPORTS INC COM 720279108 998 71661 SH SOLE 25735 0 45926 PLAINS EXPL& PRODTN CO COM 726505100 1329 31703 SH SOLE 12544 0 23642 POLARIS INDS INC COM 731068102 1147 17933 SH SOLE 7110 0 13373 POLYPORE INTL INC COM 73179V103 1568 35654 SH SOLE 12543 0 23111 PROCERA NETWORKS INC COM NEW 74269U203 3444 221074 SH SOLE 78324 0 142750 PROS HOLDINGS INC COM 74346Y103 814 54694 SH SOLE 20340 0 34354 PVH CORP COM 693656100 1210 15026 SH SOLE 5966 0 11204 QLIK TECHNOLOGIES INC COM 74733T105 1255 51857 SH SOLE 18480 0 33377 QUALCOMM INC COM 747525103 1130 20666 SH SOLE 20666 0 0 QUALITY DISTR INC FLA COM 74756M102 2529 140112 SH SOLE 132111 0 92703 QUESTCOR PHARMACEUTICALS INC COM 74835Y101 1155 24312 SH SOLE 9644 0 18130 RACKSPACE HOSTING INC COM 750086100 1600 32576 SH SOLE 12910 0 24293 RALPH LAUREN CORP CL A 751212101 860 5462 SH SOLE 2157 0 4073 RAMBUS INC DEL NOTE 5.000% 6/1 750917AC0 1468 1500000 PRN SOLE 1500000 0 0 RANGE RES CORP COM 75281A109 1101 15562 SH SOLE 6167 0 11605 REALD INC COM 75604L105 425 53468 SH SOLE 53468 0 0 RF MICRODEVICES INC NOTE 1.000% 4/1 749941AJ9 2608 2585000 PRN SOLE 2340000 0 245000 RIVERBED TECHNOLOGY INC COM 768573107 1016 37872 SH SOLE 14999 0 28242 ROGERS CORP COM 775133101 1449 26556 SH SOLE 22212 0 17096 RUSH ENTERPRISES INC CL A 781846209 2911 101666 SH SOLE 71812 0 67325 SAKS INC COM 79377W108 3342 322280 SH SOLE 117076 0 225646 SALESFORCE COM INC COM 79466L302 1568 6851 SH SOLE 10348 0 5111 SALESFORCE COM INC NOTE 0.750% 1/1 79466LAB0 1961 1435000 PRN SOLE 1300000 0 135000 SALIX PHARMACEUTICALS INC COM 795435106 1986 45223 SH SOLE 16995 0 31105 SALIX PHARMACEUTICALS INC NOTE 2.750% 5/1 795435AC0 3687 2850000 PRN SOLE 2630000 0 220000 SANDISK CORP NOTE 1.500% 8/1 80004CAD3 3533 3000000 PRN SOLE 2780000 0 220000 SBA COMMUNICATIONS CORP NOTE 4.000%10/0 78388JAM8 4347 2860000 PRN SOLE 2635000 0 225000 SERVICESOURCE INTL LLC COM 81763U100 1345 85734 SH SOLE 28923 0 56811 SHUFFLE MASTER INC COM 825549108 2166 138607 SH SOLE 95373 0 89436 SILICON MOTION TECHNOLOGY CO SPONSORED ADR 82706C108 943 46055 SH SOLE 23127 0 22928 SIRIUS XM RADIO INC COM 82967N108 790 434284 SH SOLE 434284 0 0 SIRONA DENTAL SYSTEMS INC COM 82966C103 1666 33120 SH SOLE 13136 0 24702 SMITHFIELD FOODS INC NOTE 4.000% 6/3 832248AR9 2968 2420000 PRN SOLE 2190000 0 230000 SONIC AUTOMOTIVE INC CL A 83545G102 1365 92193 SH SOLE 32635 0 59558 SONIC AUTOMOTIVE INC NOTE 5.000%10/0 83545GAQ5 2648 2000000 PRN SOLE 1835000 0 165000 SOTHEBYS COM 835898107 760 26630 SH SOLE 9143 0 17487 SOTHEBYS NOTE 3.125% 6/1 835898AC1 2263 2000000 PRN SOLE 1800000 0 200000 SOURCEFIRE INC COM 83616T108 1353 41796 SH SOLE 14430 0 27366 SOUTHWEST AIRLS CO COM 844741108 401 61831 SH SOLE 61831 0 0 SPS COMM INC COM 78463M107 1309 50455 SH SOLE 18119 0 32336 STAAR SURGICAL CO COM PAR $0.01 852312305 1787 170324 SH SOLE 60867 0 109457 SXC HEALTH SOLUTIONS CORP COM 78505P100 1721 30478 SH SOLE 10844 0 19634 SYNCHRONOSS TECHNOLOGIES INC COM 87157B103 1663 55052 SH SOLE 18560 0 36492 TALEO CORP CL A 87424N104 1174 30338 SH SOLE 10754 0 19584 TARGET CORP COM 87612E106 610 11900 SH SOLE 11900 0 0 TEAVANA HLDGS INC COM 87819P102 732 38978 SH SOLE 13122 0 25856 TEXTAINER GROUP HOLDINGS LTD SHS G8766E109 2356 76149 SH SOLE 28468 0 52431 TIBCO SOFTWARE INC COM 88632Q103 2530 62244 SH SOLE 59389 0 46426 TITAN INTL INC ILL COM 88830M102 1569 60535 SH SOLE 41283 0 39341 TITAN MACHY INC COM 88830R101 2348 77727 SH SOLE 58282 0 49772 TORNIER N V SHS N87237108 1512 84017 SH SOLE 28403 0 55614 TRACTOR SUPPLY CO COM 892356106 874 10902 SH SOLE 4323 0 8129 TRIUMPH GROUP INC NEW COM 896818101 2673 43024 SH SOLE 16047 0 29681 TYSON FOODS INC NOTE 3.250%10/1 902494AP8 4045 3050000 PRN SOLE 2800000 0 250000 VAIL RESORTS INC COM 91879Q109 1250 25833 SH SOLE 10245 0 19267 VALEANT PHARMACEUTICALS INTL COM 91911K102 1830 34322 SH SOLE 13604 0 25597 VERISK ANALYTICS INC CL A 92345Y106 923 20133 SH SOLE 7984 0 15010 VMWARE INC CL A COM 928563402 1476 17739 SH SOLE 17739 0 0 VOLCANO CORPORATION NOTE 2.875% 9/0 928645AA8 2419 2250000 PRN SOLE 1973000 0 277000 WABASH NATL CORP COM 929566107 1966 171432 SH SOLE 140317 0 110448 WABTEC CORP COM 929740108 1760 22027 SH SOLE 8731 0 16428 WEBMD HEALTH CORP COM 94770V102 2025 36599 SH SOLE 29625 0 27293 WELLS FARGO & CO NEW COM 949746101 1479 53649 SH SOLE 53649 0 0 WERNER ENTERPRISES INC COM 950755108 3284 111691 SH SOLE 58419 0 77847 WESTPORT INNOVATIONS INC COM NEW 960908309 1145 34458 SH SOLE 17128 0 17330 WYNDHAM WORLDWIDE CORP COM 98310W108 2080 48112 SH SOLE 19102 0 35891 XILINX INC COM 983919101 815 32769 SH SOLE 12979 0 24434 XILINX INC SDCV 3.125% 3/1 983919AD3 3479 3065000 PRN SOLE 2823000 0 242000 ZOLL MED CORP COM 989922109 1299 20558 SH SOLE 6921 0 13637