0001398344-12-000515.txt : 20120214
0001398344-12-000515.hdr.sgml : 20120214
20120214084012
ACCESSION NUMBER: 0001398344-12-000515
CONFORMED SUBMISSION TYPE: 13F-HR
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20111231
FILED AS OF DATE: 20120214
DATE AS OF CHANGE: 20120214
EFFECTIVENESS DATE: 20120214
FILER:
COMPANY DATA:
COMPANY CONFORMED NAME: Financial Advantage, Inc.
CENTRAL INDEX KEY: 0001518320
IRS NUMBER: 521534205
STATE OF INCORPORATION: MD
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 13F-HR
SEC ACT: 1934 Act
SEC FILE NUMBER: 028-14453
FILM NUMBER: 12602674
BUSINESS ADDRESS:
STREET 1: 5950 SYMPHONY WOODS ROAD
STREET 2: SUITE 100
CITY: COLUMBIA
STATE: MD
ZIP: 21044
BUSINESS PHONE: (410) 715-9200
MAIL ADDRESS:
STREET 1: 5950 SYMPHONY WOODS ROAD
STREET 2: SUITE 100
CITY: COLUMBIA
STATE: MD
ZIP: 21044
13F-HR
1
fp0004247_13fhr.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: 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: Financial Advantage, Inc.
Address: 5950 Symphony Woods Road, Suite 100
Columbia, MD 21044
Form 13F File Number: 028-14453
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: Lyn Dippel
Title: Vice President, CCO
Phone: (410) 715-9200
Signature, Place, and Date of Signing:
/s/ Lyn Dippel Columbia, MD February 13, 2012
-------------- ------------ -----------------
[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:
[If there are no entries in this list, omit this section.]
Form 13F File Number Name
Form 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
-----------
Form 13F Information Table Entry Total: 204
-----------
Form 13F Information Table Value Total: $ 100,259
-----------
(thousands)
List of Other Included Managers:
Provide a numbered list of the names(s) and Form 13F file numbers(s) of all
institutional investment managers with respect to which this report is filed,
other than the manager filing this report.
[If there are no entries in this list, state "NONE" and omit the column headings
and list entries.]
NONE
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
-------------------------------- ---------------- --------- ----------- -------------------- ---------- -------- -------------------
VOTING AUTHORITY
TITLE OF VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER -------------------
NAME OF ISSUER CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
-------------------------------- ---------------- --------- ----------- ----------- --- ---- ---------- -------- ---- ------ -------
SPDR GOLD TRUST GOLD SHS 78463V107 17,080 112,376 SH Sole 112,376
KINDER MORGAN MANAGEMENT LLC SHS 49455U100 6,865 87,436 SH Sole 87,436
PLUM CREEK TIMBER CO INC COM 729251108 5,732 156,790 SH Sole 156,790
NORTHROP GRUMMAN CORP COM 666807102 4,679 80,011 SH Sole 80,011
ISHARES TR S&P NA SOFTWR 464287515 4,573 84,492 SH Sole 84,492
HCC INS HLDGS INC COM 404132102 4,563 165,910 SH Sole 165,910
VISA INC COM CL A 92826C839 4,426 43,595 SH Sole 43,595
DUKE ENERGY CORP NEW COM 26441C105 3,812 173,290 SH Sole 173,290
APACHE CORP COM 037411105 3,800 41,947 SH Sole 41,947
ISHARES GOLD TRUST ISHARES 464285105 3,769 247,440 SH Sole 247,440
GOOGLE INC CL A 38259P508 3,600 5,574 SH Sole 5,574
TEVA PHARMACEUTICAL INDS LTD ADR 881624209 3,557 88,130 SH Sole 88,130
3M CO COM 88579Y101 3,457 42,295 SH Sole 42,295
CISCO SYS INC COM 17275R102 3,455 191,116 SH Sole 191,116
EXELON CORP COM 30161N101 3,067 70,715 SH Sole 70,715
MERCK & CO INC NEW COM 58933Y105 2,993 79,382 SH Sole 79,382
TIME WARNER INC COM NEW 887317303 2,966 82,083 SH Sole 82,083
ROYAL GOLD INC COM 780287108 2,833 42,020 SH Sole 42,020
TJX COS INC NEW COM 872540109 2,529 39,185 SH Sole 39,185
ENERPLUS CORP COM 292766102 2,341 92,449 SH Sole 92,449
DEVON ENERGY CORP NEW COM 25179M103 1,318 21,265 SH Sole 21,265
SELECT SECTOR SPDR TR SBI HEALTHCARE 81369Y209 957 27,580 SH Sole 27,580
UNITEDHEALTH GROUP INC COM 91324P102 654 12,903 SH Sole 12,903
ISHARES TR S&P NA MULTIMD 464287531 441 16,140 SH Sole 16,140
COCA COLA CO COM 191216100 439 6,268 SH Sole 6,268
VANGUARD SCOTTSDALE FDS SHTRM GVT BD ETF 92206C409 325 4,170 SH Sole 4,170
CENTRAL GOLDTRUST TR UNIT 153546106 280 4,738 SH Sole 4,738
CORPORATE OFFICE PPTYS TR SH BEN INT 22002T108 268 12,600 SH Sole 12,600
MCCORMICK & CO INC COM VTG 579780107 224 4,470 SH Sole 4,470
EXXON MOBIL CORP COM 30231G102 197 2,328 SH Sole 2,328
CATERPILLAR INC DEL COM 149123101 195 2,150 SH Sole 2,150
MCCORMICK & CO INC COM NON VTG 579780206 189 3,758 SH Sole 3,758
MICROS SYS INC COM 594901100 188 4,028 SH Sole 4,028
PRICE T ROWE GROUP INC COM 74144T108 179 3,139 SH Sole 3,139
JOHNSON & JOHNSON COM 478160104 169 2,576 SH Sole 2,576
INTERNATIONAL BUSINESS MACHS COM 459200101 164 890 SH Sole 890
INTUITIVE SURGICAL INC COM NEW 46120E602 157 340 SH Sole 340
PROCTER & GAMBLE CO COM 742718109 146 2,185 SH Sole 2,185
ISHARES TR S&P SMLCP VALU 464287879 142 2,040 SH Sole 2,040
VANGUARD SCOTTSDALE FDS INT-TERM CORP 92206C870 142 1,720 SH Sole 1,720
BECTON DICKINSON & CO COM 075887109 138 1,850 SH Sole 1,850
MICROSOFT CORP COM 594918104 133 5,118 SH Sole 5,118
AT&T INC COM 00206R102 128 4,233 SH Sole 4,233
BERKSHIRE HATHAWAY INC DEL CL B NEW 84670702 122 1,598 SH Sole 1,598
VANGUARD BD INDEX FD INC TOTAL BND MRKT 921937835 118 1,410 SH Sole 1,410
TEMPLETON GLOBAL INCOME FD COM 880198106 109 11,530 SH Sole 11,530
GENERAL ELECTRIC CO COM 369604103 103 5,766 SH Sole 5,766
CONOCOPHILLIPS COM 20825C104 103 1,410 SH Sole 1,410
UNITED TECHNOLOGIES CORP COM 913017109 91 1,250 SH Sole 1,250
AMERICAN ELEC PWR INC COM 025537101 87 2,100 SH Sole 2,100
ABBOTT LABS COM 002824100 87 1,543 SH Sole 1,543
EAGLE BANCORP INC MD COM 268948106 86 5,947 SH Sole 5,947
VERIZON COMMUNICATIONS INC COM 92343V104 86 2,155 SH Sole 2,155
PPG INDS INC COM 693506107 83 1,000 SH Sole 1,000
NEXTERA ENERGY INC COM 65339F101 83 1,364 SH Sole 1,364
ABERDEEN ASIA PACIFIC INCOM COM 003009107 77 10,500 SH Sole 10,500
ROYAL DUTCH SHELL PLC SPONS ADR A 780259206 60 815 SH Sole 815
QUALCOMM INC COM 747525103 55 1,000 SH Sole 1,000
APPLE INC COM 037833100 53 130 SH Sole 130
DU PONT E I DE NEMOURS & CO COM 263534109 51 1,110 SH Sole 1,110
NORTHWEST BANCSHARES INC MD COM 667340103 49 3,937 SH Sole 3,937
DISNEY WALT CO COM DISNEY 254687106 49 1,297 SH Sole 1,297
BOULDER TOTAL RETURN FD INC COM 101541100 48 3,200 SH Sole 3,200
NUVEEN NJ PREM INCOME MUN FD COM 67101N106 46 3,000 SH Sole 3,000
PNC FINL SVCS GROUP INC COM 693475105 45 782 SH Sole 782
CONSTELLATION ENERGY GROUP I COM 210371100 43 1,077 SH Sole 1,077
AMERICAN EXPRESS CO COM 025816109 42 880 SH Sole 880
WGL HLDGS INC COM 92924F106 37 833 SH Sole 833
BB&T CORP COM 054937107 35 1,400 SH Sole 1,400
CSX CORP COM 126408103 32 1,502 SH Sole 1,502
BANK OF NEW YORK MELLON CORP COM 064058100 31 1,550 SH Sole 1,550
EQT CORP COM 26884L109 30 550 SH Sole 550
UNITED PARCEL SERVICE INC CL B 911312106 30 407 SH Sole 407
INTEL CORP COM 458140100 30 1,224 SH Sole 1,224
SEI INVESTMENTS CO COM 784117103 29 1,700 SH Sole 1,700
DOMINION RES INC VA NEW COM 25746U109 28 530 SH Sole 530
SEABRIDGE GOLD INC COM 811916105 27 1,700 SH Sole 1,700
NOBLE ENERGY INC COM 655044105 27 290 SH Sole 290
ANNALY CAP MGMT INC COM 35710409 26 1,640 SH Sole 1,640
HARRIS CORP DEL COM 413875105 25 700 SH Sole 700
NORFOLK SOUTHERN CORP COM 655844108 21 293 SH Sole 293
KINDER MORGAN ENERGY PARTNER UT LTD PARTNER 494550106 21 250 SH Sole 250
ORACLE CORP COM 68389X105 21 800 SH Sole 800
POWERSHARES ETF TRUST II SENIOR LN PORT 73936Q769 20 850 SH Sole 850
HARLEY DAVIDSON INC COM 412822108 19 500 SH Sole 500
CURRENCYSHARES SWISS FRANC T SWISS FRANC SH 23129V109 19 180 SH Sole 180
SYMANTEC CORP COM 871503108 19 1,200 SH Sole 1,200
HOME PROPERTIES INC COM 437306103 17 300 SH Sole 300
BLACKROCK HEALTH SCIENCES TR COM 09250W107 17 680 SH Sole 680
MYRIAD GENETICS INC COM 62855J104 17 800 SH Sole 800
SEADRILL LIMITED SHS G7945E105 17 500 SH Sole 500
POWERSHARES ETF TRUST II INTL CORP BOND 73936Q835 16 607 SH Sole 607
CHEVRON CORP NEW COM 166764100 16 150 SH Sole 150
BRISTOL MYERS SQUIBB CO COM 110122108 16 450 SH Sole 450
PEPSICO INC COM 713448108 16 235 SH Sole 235
PROSHARES TR SHT KBW REGBNK 74347X476 16 300 SH Sole 300
UNDER ARMOUR INC CL A 904311107 15 210 SH Sole 210
UIL HLDG CORP COM 902748102 15 416 SH Sole 416
BAIDU INC SPON ADR REP A 56752108 15 125 SH Sole 125
PIEDMONT OFFICE REALTY TR IN COM CL A 720190206 14 832 SH Sole 832
ISHARES TR BARCLY USAGG B 464287226 14 126 SH Sole 126
ISHARES TR S&P MODERATE 464289875 13 450 SH Sole 450
SPROTT PHYSICAL SILVER TR TR UNIT 85207K107 13 1,000 SH Sole 1,000
PFIZER INC COM 717081103 13 610 SH Sole 610
STATOIL ASA SPONSORED ADR 85771P102 13 500 SH Sole 500
NATIONAL FUEL GAS CO N J COM 636180101 13 226 SH Sole 226
KRAFT FOODS INC CL A 50075N104 13 335 SH Sole 335
FORD MTR CO DEL COM PAR $0.01 345370860 12 1,135 SH Sole 1,135
NEWMONT MINING CORP COM 651639106 12 200 SH Sole 200
ENSCO PLC SPONSORED ADR 29358Q109 12 250 SH Sole 250
FEDERAL REALTY INVT TR SH BEN INT NEW 313747206 11 124 SH Sole 124
KIMBERLY CLARK CORP COM 494368103 11 150 SH Sole 150
ZIMMER HLDGS INC COM 98956P102 11 200 SH Sole 200
CORNING INC COM 219350105 10 800 SH Sole 800
MCDONALDS CORP COM 580135101 10 100 SH Sole 100
FLAHERTY & CRUMRINE PFD INC COM 338480106 10 700 SH Sole 700
PROSHARES TR PSHS CS 130/30 74347R248 9 161 SH Sole 161
PROGRESS ENERGY INC COM 743263105 9 154 SH Sole 154
COSTCO WHSL CORP NEW COM 22160K105 8 101 SH Sole 101
JPMORGAN CHASE & CO COM 46625H100 8 252 SH Sole 252
BROOKFIELD ASSET MGMT INC CL A LTD VT SH 112585104 8 300 SH Sole 300
HARSCO CORP COM 415864107 8 400 SH Sole 400
DOW CHEM CO COM 260543103 8 280 SH Sole 280
MEDCO HEALTH SOLUTIONS INC COM 58405U102 8 144 SH Sole 144
CANADIAN NATL RY CO COM 136375102 8 100 SH Sole 100
FULTON FINL CORP PA COM 360271100 8 800 SH Sole 800
ANADARKO PETE CORP COM 032511107 8 100 SH Sole 100
SARA LEE CORP COM 803111103 8 403 SH Sole 403
DENTSPLY INTL INC NEW COM 249030107 7 200 SH Sole 200
NETFLIX INC COM 64110L106 7 100 SH Sole 100
AMAZON COM INC COM 023135106 7 40 SH Sole 40
CELGENE CORP COM 151020104 7 100 SH Sole 100
GENERAL MLS INC COM 370334104 6 160 SH Sole 160
MYLAN INC COM 628530107 6 300 SH Sole 300
FIDELITY NATIONAL FINANCIAL CL A 31620R105 6 400 SH Sole 400
PROSHARES TR II ULTRASHRT EURO 74347W882 6 300 SH Sole 300
AES CORP COM 00130H105 6 500 SH Sole 500
PROSHARES TR II ULTRASHRT NEW 74347W718 6 290 SH Sole 290
NOVARTIS A G SPONSORED ADR 66987V109 6 100 SH Sole 100
TARGET CORP COM 87612E106 5 100 SH Sole 100
RAYTHEON CO COM NEW 755111507 5 100 SH Sole 100
NEWPARK RES INC COM PAR $.01NEW 651718504 5 500 SH Sole 500
PIONEER NAT RES CO COM 723787107 5 52 SH Sole 52
DORCHESTER MINERALS LP COM UNIT 25820R105 5 200 SH Sole 200
TYCO INTERNATIONAL LTD SHS H89128104 4 93 SH Sole 93
SILVER WHEATON CORP COM 828336107 4 150 SH Sole 150
PROSHARES TR PSHS ULSHT SP500 74347R883 4 225 SH Sole 225
PROSHARES TR PSHS ULTASH DW30 74347R867 4 275 SH Sole 275
COVIDIEN PLC SHS G2554F113 4 93 SH Sole 93
LILLY ELI & CO COM 532457108 4 100 SH Sole 100
THOMSON REUTERS CORP COM 884903105 4 150 SH Sole 150
NIKE INC CL B 654106103 4 40 SH Sole 40
ROWAN COS INC COM 779382100 4 125 SH Sole 125
CHEESECAKE FACTORY INC COM 163072101 4 126 SH Sole 126
EL PASO PIPELINE PARTNERS L COM UNIT LPI 283702108 3 100 SH Sole 100
BOEING CO COM 097023105 3 46 SH Sole 46
SAIC INC COM 78390X101 3 263 SH Sole 263
ALCOA INC COM 013817101 3 363 SH Sole 363
FIRSTHAND TECH VALUE FD INC COM 33766Y100 3 191 SH Sole 191
NORTHEAST UTILS COM 664397106 3 73 SH Sole 73
MEDIFAST INC COM 58470H101 2 180 SH Sole 180
DUKE REALTY CORP COM NEW 264411505 2 200 SH Sole 200
HUMAN GENOME SCIENCES INC COM 444903108 2 300 SH Sole 300
E M C CORP MASS COM 268648102 2 100 SH Sole 100
RITE AID CORP COM 767754104 2 1,500 SH Sole 1,500
SMUCKER J M CO COM NEW 832696405 2 24 SH Sole 24
WESTERN UN CO COM 959802109 2 100 SH Sole 100
CHESAPEAKE ENERGY CORP COM 165167107 2 77 SH Sole 77
GOLDMAN SACHS GROUP INC COM 38141G104 2 17 SH Sole 17
CAMPBELL SOUP CO COM 134429109 1 45 SH Sole 45
PENN VA RESOURCES PARTNERS L COM 707884102 1 50 SH Sole 50
ARM HLDGS PLC SPONSORED ADR 042068106 1 45 SH Sole 45
CIENA CORP COM NEW 171779309 1 100 SH Sole 100
SEARS HLDGS CORP COM 812350106 1 35 SH Sole 35
OWENS ILL INC COM NEW 690768403 1 50 SH Sole 50
BANK OF AMERICA CORPORATION COM 060505104 1 174 SH Sole 174
CONTANGO OIL & GAS COMPANY COM NEW 21075N204 1 14 SH Sole 14
WEST MARINE INC COM 954235107 1 60 SH Sole 60
MORGAN STANLEY COM NEW 617446448 1 45 SH Sole 45
BROADRIDGE FINL SOLUTIONS IN COM 11133T103 1 25 SH Sole 25
RETAIL OPPORTUNITY INVTS COR COM 76131N101 1 46 SH Sole 46
MYREXIS INC COM 62856H107 1 200 SH Sole 200
INFINERA CORPORATION COM 45667G103 1 85 SH Sole 85
CITIGROUP INC COM NEW 172967424 1 20 SH Sole 20
ACTIVISION BLIZZARD INC COM 00507V109 0 40 SH Sole 40
BRIDGEPOINT ED INC COM 10807M105 0 20 SH Sole 20
WELLS FARGO & CO NEW COM 949746101 0 16 SH Sole 16
GIVEN IMAGING ORD SHS M52020100 0 25 SH Sole 25
SYNTROLEUM CORP COM 871630109 0 400 SH Sole 400
P T TELEKOMUNIKASI INDONESIA SPONSORED ADR 715684106 0 11 SH Sole 11
BROOKFIELD INFRAST PARTNERS LP INT UNIT G16252101 0 12 SH Sole 12
EAGLE BULK SHIPPING INC COM Y2187A101 0 280 SH Sole 280
EATON VANCE SR FLTNG RTE TR COM 27828Q105 0 15 SH Sole 15
LAKELAND INDS INC COM 511795106 0 20 SH Sole 20
ALCATEL-LUCENT SPONSORED ADR 013904305 0 97 SH Sole 97
ZIPCAR INC COM 98974X103 0 11 SH Sole 11
AMERICAN INTL GROUP INC COM NEW 026874784 0 5 SH Sole 5
GENERAL MTRS CO COM 37045V100 0 5 SH Sole 5
NORTHSTAR RLTY FIN CORP COM 66704R100 0 17 SH Sole 17
GENERAL MTRS CO *W EXP 07/10/201 37045V118 0 4 SH Sole 4
EATON VANCE TAX MNG GBL DV E COM 27829F108 0 4 SH Sole 4
GENERAL MTRS CO *W EXP 07/10/201 37045V126 0 4 SH Sole 4
EATON VANCE TX MGD DIV EQ IN COM 27828N102 0 3 SH Sole 3
AMERICAN INTL GROUP INC *W EXP 01/19/202 026874156 0 2 SH Sole 2