0001019056-13-000708.txt : 20130523 0001019056-13-000708.hdr.sgml : 20130523 20130523161225 ACCESSION NUMBER: 0001019056-13-000708 CONFORMED SUBMISSION TYPE: N-Q PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20130331 FILED AS OF DATE: 20130523 DATE AS OF CHANGE: 20130523 EFFECTIVENESS DATE: 20130523 FILER: COMPANY DATA: COMPANY CONFORMED NAME: DAXOR CORP CENTRAL INDEX KEY: 0000027367 STANDARD INDUSTRIAL CLASSIFICATION: SURGICAL & MEDICAL INSTRUMENTS & APPARATUS [3841] IRS NUMBER: 132682108 STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: N-Q SEC ACT: 1940 Act SEC FILE NUMBER: 811-22684 FILM NUMBER: 13868447 BUSINESS ADDRESS: STREET 1: 350 FIFTH AVENUE STREET 2: SUITE 7120 CITY: NEW YORK STATE: NY ZIP: 10118 BUSINESS PHONE: 2122440555 MAIL ADDRESS: STREET 1: 350 5TH AVENUE STREET 2: SUITE 7120 CITY: NEW YORK STATE: NY ZIP: 10118 FORMER COMPANY: FORMER CONFORMED NAME: IDANT CORP DATE OF NAME CHANGE: 19730823 N-Q 1 daxor_nq.htm FORM N-Q


UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington DC 20549

 

FORM N-Q

 

QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF
REGISTERED MANAGEMENT INVESTMENT COMPANIES

 

INVESTMENT COMPANY ACT FILE NUMBER 811-22684

 

Daxor Corporation

 

 

 

(Exact name of registrant as specified in charter)

 

350 Fifth Avenue, Suite 7120

New York, New York 10118

(Address of principal offices)(Zip code)

 

David Frankel, Daxor Corporation

350 Fifth Avenue, Suite 7120

New York, New York 10118

(Name and address of agent for service)

 

Registrant’s Telephone Number, including Area Code: 212-330-8500

 

Date of Fiscal Year End: December 31, 2013

 

Date of Reporting Period: March 31, 2013

 



 
 

 

Item 1. Schedule of Investments

 

Daxor Corporation
Schedule of Investments
March 31, 2013 (Unaudited)

  

   Shares   Market Value 
COMMON STOCKS - 150.24%          
Auto Manufacturer-0.02%          
General Motors Company (a)   100   $2,782 
General Motors Liq Co. (a)   100    2,700 
        $5,482 
           
Banking - 7.00%          
           
Diversified Banks – 6.73%          
Bank of America Corp.   185,195   $2,255,675 
Citigroup, Inc.   230    10,175 
        $2,265,850 
           
Regional Banks - 0.27%          
First Niagara Financial Group, Inc.   5,000   $44,300 
Popular, Inc. (a)   1,700    46,920 
        $91,220 
           
Total Banking       $2,357,070 
           
Chemical Manuafacturing-0.25%          
USEC, Inc. (a)   229,000   $84,739 
           
Communication Services-0.20%          
Clearwire Corp. (a)   5,000   $16,200 
Frontier Communications Corp. (a)   12,500    49,875 
        $66,075 
           
Consumer Products and Services-0.13%          
NutriSystem, Inc.   5,000   $42,400 
PHH Corp.(a)   79    1,735 
        $44,135 
           
Diversified Computer Services-3.44%          
Hewlett Packard   48,600   $1,158,624 
           
Electronics Stores-0.52%          
Best Buy Co. Inc. (a)   7,900   $174,985 
           
Health Care – 2.38%          
           
Bio Technology-0.15%          
Mannkind Corp. (a)   15,000   $50,850 
           
Drug Manufacturer – 0.04%          
Warner Chilcott PLC (a)   1,000   $13,550 
           
Medical Appliances & Equipment-2.19%          
Intuitive Surgical, Inc. (a)   1,500   $736,785 
           
Total Health Care       $801,185 

 

 
 

 

Daxor Corporation
Schedule of Investments (Continued)
March 31, 2013 (Unaudited)

 

   Shares  Market Value  
COMMON STOCKS-150.24%      
Investment Services-0.91%      
United States Natural Gas Fund, LLP (a)   14,062   $307,676 
           
Iron and Steel-0.09%          
AK Steel Holding Corp.   9,400   $31,114 
           
Oil & Gas Operations-0.42%          
Exco Resources, Inc. (a)   12,500   $89,125 
Williams Companies, Inc.   1,200    44,952 
WPX Energy Inc. (a)   400    6,408 
        $140,485 
           
Semi Conductors-0.06%          
Advanced Micro Devices, Inc. (a)   5,000   $12,750 
First Solar, Inc. (a)   300    8,088 
        $20,838 
           
Utilities-134.63%          
Electric Utilities-132.26%          
Ameren Corp. (a)   4,000   $140,080 
American Electric Power Co. Inc.   22,600    1,099,038 
Avista Corp.   14,396    394,450 
Calpine Corp. (a)   1,328    27,357 
Centerpoint Energy, Inc.   5,000    119,800 
CH Energy Group, Inc.   39,400    2,576,366 
CMS   41,500    1,159,510 
DTE Energy Co.   47,000    3,211,980 
Duke Energy Corp.   18,117    1,315,113 
Edison International   7,000    352,240 
Entergy Corp.   121,145    7,661,210 
Exelon Corp.   136,300    4,699,624 
Firstenergy Corp.   98,286    4,147,669 
Great Plains Energy Inc.   21,000    486,990 
Hawaiian Electric Industries, Inc.   58,200    1,612,722 
National Grid PLC Shares   62,951    3,651,788 
National Grid PLC ADR   30,392    352,889 
NISOURCE Inc.   44,000    1,290,960 
Northeast Utilities   41,320    1,795,767 
NRG Energy, Inc.   1,100    29,139 
NV Energy, Inc.   1,500    30,045 
Pepco Holdings Inc.   2,201    47,101 
PG & E Corp.   7,000    311,710 
Pinnacle West Capital Corp.   31,002    1,794,706 
PNM Resources, Inc.   78,750    1,834,088 
Teco Energy, Inc.   2,000    35,640 
UIL Holdings Corp.   22,332    884,124 
UNITIL Corp.   52,900    1,488,077 
Westar Energy, Inc.   42,941    1,424,782 
XCEL Energy, Inc.   19,050    565,785 
        $44,540,750 
Natural Gas Utilities-2.37%          
Integrys Energy Group Inc.   4,500   $261,720 
Southwest Gas Corp.   1,000    47,460 
Spectra Energy Corp.   15,925    489,694 
        $798,874 

 

 
 

 

Daxor Corporation
Schedule of Investments (Continued)
March 31, 2013 (Unaudited)
 
   Shares  Market Value  
COMMON STOCKS – 150.24%      
Total Utilities       $45,339,624 
           
Waste Management-0.19%          
Veolia Environnment SA ADR (a)   5,000   $63,500 
           
Total Common Stock (Cost $23,571,140)-150.24%       $50,595,532 
           
Preferred Stocks-6.40%          
Diversified Banks-5.10%          
Bank of America Corp., 8.20 % Callable   1,000   $25,480 
Bank of America Corp., 6.204% Series D   1,000    25,370 
Bank of America Corp., 7.25% Series J Div Perp   6,000    154,859 
Bank of America Corp., 7.250% Series L   700    855,400 
Bank of America Corp., 8.625% Preferred Callable   2,000    51,000 
Barclays Bank PLC ADR, 8.125% Series 5 Callable   2,500    63,900 
Citigroup, 6.35% Callable Due 03/15/67   1,200    30,468 
Deutsche Bank Contingent Capital Trust III Preferred, Div 7.60%   10,000    276,500 
Goldman Sachs Group, 6.20% Series B Callable   1,000    25,590 
JP Morgan Chase & Co., 8.625% Series J callable   1,500    38,970 
US Bancorp, 7.875% Callable   2,000    51,100 
Wells Fargo Company, 8.00 % Series J Non-Cumulative   4,000    119,720 
        $1,718,357 
           
Electric Utilities-1.16%          
Duquesne Light Co. Preferred, 3.75% Callable   400   $18,400 
Pacific Gas & Electric, 5% Series D   1,000    25,000 
Pacific Gas & Electric, 5% Series E   1,100    27,698 
Pacific Gas & Electric, 6% Series A   4,200    128,604 
Southern California Edison, 4.32% Callable   5,500    129,250 
Southern California Edison, 4.78% Callable   2,500    62,225 
        $391,177 
           
Insurance-0.14%          
AIG Incorporated 6.45% Series A-4   800   $20,184 
MetLife Inc., Series B   1,000    25,340 
        $45,524 
           
Total Preferred Stock (Cost $1,438,927)-6.40%       $2,155,058 
           
Total Investment in Securities (Cost $25,010,067) -156.64%       $52,750,590 
           
Investment in Operating Division-9.82%       $3,305,515 
           
Receivable from Broker, Net of Securities Sold Short -0.27%       $91,725 
           
Federal Income Tax Refund Receivable-6.24%       $2,100,000 
           
Other Assets-0.37%       $127,402 
           
Total Assets-173.34%       $58,375,232 
Total Liabilities – (73.34%)        (24,697,979)
Net Assets-100.00%       $33,677,253 

 

 
 

 

 Daxor Corporation

Schedule of Investments (Continued)
March 31, 2013 (Unaudited)

 

At March 31, 2013, the net unrealized appreciation based on cost for financial reporting purposes

of $27,740,523 was as follows:

 

 Aggregate gross unrealized appreciation for all investments for which there was an excess of value over cost  $28,702,208 
Aggregate gross unrealized depreciation for all investments for which there was an excess of cost over value   (961,685)
Net unrealized appreciation  $27,740,523 

 

Portfolio Analysis

As of March 31, 2013

 

   Percentage of Net Assets  
Common Stock   
Automobile Manufacturing   0.02%
Banking   7.00%
Chemical Manufacturing   0.25%
Communication Services   0.20%
Consumer Products and Services   0.13%
Diversified Computer Services   3.44%
Electronics Stores   0.52%
Health Care   2.38%
Investment Services   0.91%
Iron and Steel   0.09%
Oil & Gas Operations   0.42%
Semi-Conductors   0.06%
Utilities   134.63%
Waste Management   0.19%
Total Common Stock   150.24%
      
Preferred Stock     
Diversified Banks   5.10%
Electric Utilities   1.16%
Insurance   0.14%
Total Preferred Stock   6.40%
      
Total Investment in Securities   156.64%

 

 
 

 

 Daxor Corporation
Schedule of Investments (Continued)
March 31, 2013 (Unaudited)

 

Name of Issuer  Number of Shares in Short Position at 03/31/2013  Value of Short Position at 03/31/2013  
Securities Sold Short- (93.89%)      
Apple, Inc.   (5,000)  $(2,213,300)
Best Buy Co. Inc.   (5,900)   (130,685)
Citigroup, Inc.   (3,270)   (144,665)
Coach, Inc.   (15,000)   (749,850)
First Solar   (9,000)   (242,640)
Gap, Inc.   (5,000)   (177,000)
General Electric Co.   (2,500)   (57,800)
Green Mountain Coffee Roasters Inc.   (40,000)   (2,270,400)
Intuitive Surgical, Inc.   (13,000)   (6,385,470)
KB Home   (3,000)   (65,310)
Netflix, Inc.   (65,600)   (12,416,768)
Pool Corp.   (5,000)   (240,000)
Ralph Lauren Corporation   (3,000)   (507,930)
Research in Motion Limited   (10,000)   (144,450)
Simon Property Group Inc.   (28,000)   (4,439,680)
Starbucks Corporation   (5,000)   (284,750)
St. Joe Co.   (50,000)   (1,062,500)
Toll Brothers Inc.   (2,500)   (85,600)
Total Securities Sold Short (93.89%)       $(31,618,798)
           
Receivable from Broker (b) (94.16%)        31,710,523 
           
Receivable from Broker, Net of Securities Sold Short (0.27%)       $91,725 

 

 
 

 

Daxor Corporation
Schedule of Investments (Continued)
March 31, 2013 (Unaudited)
 
   
Name of Issuer  Number of
Contracts
   Exercise
Price
   Expiration
Date
   Value  
Open Options Written-(4.87%)                          
Call Options Written- (1.47%)                          
AK Steel Holding Corp.   (75)   5.50   01/17/2014    $(900)
Apple, Inc.   (5)   480.00   04/19/2013     (839)
Apple, Inc.   (5)   490.00   04/19/2013     (482)
Apple, Inc.   (5)   500.00   04/19/2013     (283)
Apple, Inc.   (5)   510.00   04/19/2013     (173)
Apple, Inc.   (5)   520.00   04/19/2013     (111)
Apple, Inc.   (5)   530.00   05/17/2013     (827)
Apple, Inc.   (5)   540.00   05/17/2013     (646)
Apple, Inc.   (5)   550.00   06/21/2013     (935)
Apple, Inc.   (5)   560.00   06/21/2013     (713)
Bank of America Corp.   (50)   12.00   04/19/2013     (2,175)
Bank of America Corp.   (100)   13.00   04/19/2013     (578)
Bank of America Corp.   (50)   14.00   04/19/2013     (104)
Bank of America Corp.   (50)   10.00   05/17/2013     (11,100)
Bank of America Corp.   (200)   11.00   05/17/2013     (26,390)
Bank of America Corp.   (250)   12.00   05/17/2013     (15,441)
Bank of America Corp.   (200)   13.00   05/17/2013     (4,459)
Bank of America Corp.   (50)   14.00   05/17/2013     (373)
Bank of America Corp.   (50)   14.00   07/19/2013     (1,025)
Bank of America Corp.   (100)   13.00   08/16/2013     (5,302)
Bank of America Corp.   (250)   14.00   08/16/2013     (6,950)
Bank of America Corp.   (100)   15.00   08/16/2013     (1,375)
Bank of America Corp.   (50)   13.00   11/15/2013     (4,060)
Bank of America Corp.   (50)   14.00   11/15/2013     (2,490)
Bank of America Corp.   (50)   15.00   11/15/2013     (1,500)
Bank of America Corp.   (150)   15.00   01/17/2014     (6,712)
Bank of America Corp.   (100)   17.00   01/17/2014     (1,751)
Best Buy Co. Inc.   (29)   18.00   04/19/2013     (12,325)
Best Buy Co. Inc.   (50)   18.00   06/21/2013     (23,625)
Best Buy Co. Inc.   (50)   20.00   06/21/2013     (16,256)
Entergy Corp.   (50)   65.00   06/21/2013     (3,750)
Exelon Corp.   (50)   33.00   04/19/2013     (8,000)
Exelon Corp.   (50)   34.00   04/19/2013     (4,000)
Exelon Corp.   (50)   35.00   04/19/2013     (1,255)
Exelon Corp.   (50)   36.00   04/19/2013     (277)
Exelon Corp.   (50)   33.00   07/19/2013     (9,875)
Exelon Corp.   (50)   34.00   07/19/2013     (6,500)
Exelon Corp.   (50)   35.00   07/19/2013     (3,893)
Exelon Corp.   (50)   36.00   07/19/2013     (2,026)
Exelon Corp.   (50)   36.00   10/18/2013     (3,832)
Exelon Corp.   (50)   35.00   01/17/2014     (7,000)
First Solar, Inc.   (50)   26.00   04/19/2013     (9,325)
First Solar, Inc.   (50)   27.00   04/19/2013     (6,550)
First Solar, Inc.   (50)   28.00   04/19/2013     (4,500)
First Solar, Inc.   (35)   25.00   06/21/2013     (13,613)

 

 
 

 

Daxor Corporation
Schedule of Investments (Continued)
March 31, 2013 (Unaudited)

 

Name of Issuer  Number of
Contracts
   Exercise
Price
   Expiration
Date
   Value 
Call Options Written-(1.47%)                    
First Solar, Inc.   (35)   35.00   06/21/2013    $(2,511)
Hewlett Packard Co.   (50)   25.00   01/17/2014     (11,000)
Hewlett Packard Co.   (50)   22.00   04/19/2013     (9,949)
Hewlett Packard Co.   (50)   20.00   05/17/2013     (20,000)
Hewlett Packard Co.   (50)   21.00   05/17/2013     (15,625)
Hewlett Packard Co.   (50)   22.00   05/17/2013     (11,554)
Hewlett Packard Co.   (50)   23.00   05/17/2013     (7,900)
Hewlett Packard Co.   (150)   22.00   08/16/2013     (44,400)
Hewlett Packard Co.   (40)   24.00   08/16/2013     (7,259)
Intuitive Surgical, Inc.   (5)   530.00   04/19/2013     (3,200)
Intuitive Surgical, Inc.   (5)   540.00   04/19/2013     (2,250)
Intuitive Surgical, Inc.   (5)   560.00   04/19/2013     (1,038)
Intuitive Surgical, Inc.   (10)   570.00   04/19/2013     (1,338)
Intuitive Surgical, Inc.   (5)   580.00   04/19/2013     (450)
Intuitive Surgical, Inc.   (5)   590.00   04/19/2013     (300)
Intuitive Surgical, Inc.   (5)   600.00   04/19/2013     (228)
Intuitive Surgical, Inc.   (10)   620.00   04/19/2013     (239)
Intuitive Surgical, Inc.   (5)   540.00   05/17/2013     (4,450)
Intuitive Surgical, Inc.   (5)   550.00   05/17/2013     (3,225)
Intuitive Surgical, Inc.   (5)   560.00   05/17/2013     (2,421)
Intuitive Surgical, Inc.   (5)   570.00   05/17/2013     (1,850)
MannKind Corp   (50)   3.50   05/17/2013     (1,250)
MannKind Corp   (50)   4.00   05/17/2013     (600)
MannKind Corp   (50)   3.50   08/16/2013     (3,075)
Research In Motion Limited   (50)   11.00   05/17/2013     (18,250)
Research In Motion Limited   (50)   12.00   05/17/2013     (14,375)
Research In Motion Limited   (50)   10.00   06/21/2013     (23,000)
Research In Motion Limited   (50)   11.00   06/21/2013     (19,250)
Research In Motion Limited   (50)   12.00   06/21/2013     (15,625)
UBS AG   (50)   14.00   06/21/2013     (8,500)
United States Natural Gas Fund, LLP   (56)   31.00   04/19/2013     (896)
United States Natural Gas Fund, LLP   (84)   26.00   07/19/2013     (2,552)
USEC, Inc.   (350)   1.00   04/19/2013     (1,502)
USEC, Inc.   (50)   1.00   07/19/2013     (250)
Veolia Environnement SA   (50)   15.00   04/19/2013     (250)
Warner Chilcott   (10)   13.00   04/19/2013     (775)
Total Call Options Written                 $(495,633)

 

 
 

 

Daxor Corporation
Schedule of Investments (Continued)
March 31, 2013 (Unaudited)

 

Name of Issuer  Number of
Contracts
   Exercise
Price
   Expiration
Date
   Value 
Put Options Written-(3.40%)                    
Abercrombie & Fitch Co.   (50)   35.00   05/17/2013    $(925)
AK Steel Holding Corp.   (69)   7.00   06/21/2013     (25,461)
American International Group, Inc.   (50)   29.00   06/21/2013     (550)
American International Group, Inc.   (50)   30.00   06/21/2013     (700)
American International Group, Inc.   (100)   28.00   08/16/2013     (2,050)
American International Group, Inc.   (50)   26.00   11/15/2013     (1,275)
Apple, Inc.   (5)   370.00   04/19/2013     (120)
Apple, Inc.   (5)   380.00   04/19/2013     (195)
Apple, Inc.   (5)   390.00   04/19/2013     (355)
Apple, Inc.   (5)   390.00   04/19/2013     (333)
Apple, Inc.   (5)   400.00   04/19/2013     (1,813)
Apple, Inc.   (5)   405.00   04/19/2013     (794)
Apple, Inc.   (5)   410.00   04/19/2013     (1,044)
Apple, Inc.   (5)   415.00   04/19/2013     (3,855)
Apple, Inc.   (5)   420.00   04/19/2013     (591)
Apple, Inc.   (5)   370.00   05/17/2013     (1,090)
Apple, Inc.   (5)   380.00   05/17/2013     (1,624)
Apple, Inc.   (5)   390.00   05/17/2013     (2,333)
Apple, Inc.   (5)   395.00   05/17/2013     (2,710)
Apple, Inc.   (10)   400.00   05/17/2013     (6,412)
Apple, Inc.   (10)   405.00   05/17/2013     (5,206)
Apple, Inc.   (5)   350.00   06/21/2013     (1,000)
Apple, Inc.   (5)   360.00   06/21/2013     (1,478)
Apple, Inc.   (5)   370.00   06/21/2013     (2,028)
Apple, Inc.   (5)   300.00   07/19/2013     (265)
Apple, Inc.   (5)   310.00   07/19/2013     (391)
Apple, Inc.   (5)   320.00   07/19/2013     (563)
Astrazeneca PLC   (50)   40.00   07/19/2013     (493)
AT&T, Inc.   (50)   30.00   04/19/2013     (18)
AT&T, Inc.   (50)   28.00   07/19/2013     (400)
AT&T, Inc.   (50)   30.00   07/19/2013     (725)
AT&T, Inc.   (50)   30.00   10/18/2013     (1,657)
AT&T, Inc.   (50)   25.00   01/17/2014     (1,181)
Bank of America Corp.   (50)   9.00   04/19/2013      
Bank of America Corp.   (100)   10.00   04/19/2013     (60)
Bank of America Corp.   (200)   11.00   04/19/2013     (980)
Bank of America Corp.   (50)   12.00   04/19/2013     (1,227)
Bank of America Corp.   (50)   6.00   05/17/2013     (50)
Bank of America Corp.   (50)   7.00   05/17/2013     (50)
Bank of America Corp.   (200)   8.00   05/17/2013     (112)
Bank of America Corp.   (50)   9.00   05/17/2013     (81)
Bank of America Corp.   (675)   10.00   05/17/2013     (2,700)
Bank of America Corp.   (625)   11.00   05/17/2013     (8,775)
Bank of America Corp.   (150)   12.00   05/17/2013     (6,525)
Bank of America Corp.   (150)   9.00   06/21/2013     (503)
Bank of America Corp.   (200)   10.00   06/21/2013     (1,997)
Bank of America Corp.   (300)   11.00   06/21/2013     (7,676)
Bank of America Corp.   (50)   12.00   06/21/2013     (2,982)
Bank of America Corp.   (100)   10.00   07/19/2013     (1,517)
Bank of America Corp.   (100)   11.00   07/19/2013     (3,435)
Bank of America Corp.   (60)   12.00   07/19/2013     (4,200)
Bank of America Corp.   (175)   7.00   08/16/2013     (434)
Bank of America Corp.   (325)   8.00   08/16/2013     (1,455)

 

 
 

 

Daxor Corporation
Schedule of Investments (Continued)
March 31, 2013 (Unaudited)

 

Name of Issuer  Number of
Contracts
   Exercise
Price
   Expiration
Date
   Value 
Put Options Written-(3.40%)                    
Bank of America Corp.   (635)   9.00    08/16/2013   $(5,792)
Bank of America Corp.   (675)   10.00    08/16/2013    (14,042)
Bank of America Corp.   (400)   11.00    08/16/2013    (16,728)
Bank of America Corp.   (350)   12.00    08/16/2013    (27,574)
Bank of America Corp.   (5)   13.00    08/16/2013    (680)
Bank of America Corp.   (50)   8.00    11/15/2013    (476)
Bank of America Corp.   (100)   9.00    11/15/2013    (1,903)
Bank of America Corp.   (200)   10.00    11/15/2013    (7,232)
Bank of America Corp.   (200)   11.00    11/15/2013    (12,836)
Bank of America Corp.   (175)   12.00    11/15/2013    (18,496)
Bank of America Corp.   (225)   7.00    01/17/2014    (1,800)
Bank of America Corp.   (580)   10.00    01/17/2014    (28,608)
Bank of America Corp.   (175)   12.00    01/17/2014    (21,509)
Bank of America Corp.   (185)   7.00    01/16/2015    (6,530)
Bank of America Corp.   (300)   10.00    01/16/2015    (33,844)
Bank of America Corp.   (100)   12.00    01/16/2015    (20,368)
Bank of New York Corporation   (50)   18.00    06/21/2013    (425)
Bank of New York Corporation   (50)   19.00    06/21/2013    (450)
Bank of New York Corporation   (50)   20.00    06/21/2013    (500)
Bank of New York Corporation   (65)   20.00    09/20/2013    (1,414)
Bank of New York Corporation   (75)   15.00    01/17/2014    (1,425)
Bank of New York Corporation   (50)   18.00    01/17/2014    (1,590)
Bank of New York Corporation   (50)   20.00    01/17/2014    (2,319)
Best Buy Co. Inc.   (50)   19.00    04/19/2013    (641)
Best Buy Co. Inc.   (50)   20.00    04/19/2013    (1,253)
Best Buy Co. Inc.   (50)   18.00    05/17/2013    (1,338)
Best Buy Co. Inc.   (100)   19.00    05/17/2013    (3,913)
Best Buy Co. Inc.   (100)   20.00    05/17/2013    (5,827)
Best Buy Co. Inc.   (50)   21.00    05/17/2013    (4,359)
Best Buy Co. Inc.   (50)   17.00    06/21/2013    (2,495)
Best Buy Co. Inc.   (100)   19.00    06/21/2013    (8,604)
Best Buy Co. Inc.   (150)   20.00    06/21/2013    (17,274)
Best Buy Co. Inc.   (65)   21.00    06/21/2013    (9,679)
Best Buy Co. Inc.   (28)   22.00    06/21/2013    (5,516)
Best Buy Co. Inc.   (50)   15.00    09/20/2013    (2,898)
Best Buy Co. Inc.   (100)   16.00    09/20/2013    (7,311)
Best Buy Co. Inc.   (100)   17.00    09/20/2013    (9,393)
Best Buy Co. Inc.   (100)   18.00    09/20/2013    (11,672)
Best Buy Co. Inc.   (50)   19.00    09/20/2013    (7,374)
Best Buy Co. Inc.   (50)   20.00    09/20/2013    (8,988)
Best Buy Co. Inc.   (50)   21.00    09/20/2013    (11,118)
Best Buy Co. Inc.   (100)   15.00    01/17/2014    (10,448)
Best Buy Co. Inc.   (50)   18.00    01/17/2014    (9,008)
Best Buy Co. Inc.   (50)   20.00    01/17/2014    (12,398)
Blackstone Group LP   (50)   11.00    06/21/2013    (4)
Blackstone Group LP   (50)   14.00    09/20/2013    (950)
BP PLC   (50)   35.00    04/19/2013    (99)
BP PLC   (50)   36.00    04/19/2013    (140)
BP PLC   (40)   37.00    04/19/2013    (148)
BP PLC   (50)   25.00    07/19/2013    (144)
BP PLC   (50)   32.00    07/19/2013    (550)
BP PLC   (50)   34.00    07/19/2013    (800)
BP PLC   (50)   35.00    07/19/2013    (989)
BP PLC   (50)   30.00    10/18/2013    (1,005)

 

 
 

Daxor Corporation
Schedule of Investments (Continued)
March 31, 2013 (Unaudited)

 

Name of Issuer  Number of
Contracts
   Exercise
Price
   Expiration
Date
   Value 
Put Options Written-(3.40%)                    
BP PLC   (50)   31.00    10/18/2013   $(1,217)
BP PLC   (50)   32.00    10/18/2013    (1,530)
BP PLC   (100)   30.00    01/17/2014    (4,450)
BP PLC   (40)   35.00    01/17/2014    (4,370)
Cisco Systems, Inc.   (50)   15.00    07/19/2013    (273)
Cisco Systems, Inc.   (50)   16.00    07/19/2013    (470)
Cisco Systems, Inc.   (50)   17.00    07/19/2013    (799)
Cisco Systems, Inc.   (50)   15.00    10/18/2013    (800)
Cisco Systems, Inc.   (50)   16.00    10/18/2013    (1,200)
Cisco Systems, Inc.   (50)   17.00    10/18/2013    (1,800)
Cisco Systems, Inc.   (50)   13.00    01/17/2014    (791)
Cisco Systems, Inc.   (50)   15.00    01/17/2014    (1,608)
Citigroup, Inc.   (50)   33.00    04/19/2013    (11)
Citigroup, Inc.   (50)   34.00    04/19/2013    (29)
Citigroup, Inc.   (35)   37.00    05/17/2013    (595)
Citigroup, Inc.   (50)   29.00    06/21/2013    (325)
Citigroup, Inc.   (50)   30.00    06/21/2013    (407)
Citigroup, Inc.   (50)   31.00    06/21/2013    (519)
Citigroup, Inc.   (50)   35.00    06/21/2013    (1,250)
Citigroup, Inc.   (50)   26.00    09/20/2013    (698)
Citigroup, Inc.   (50)   28.00    09/20/2013    (975)
Citigroup, Inc.   (50)   30.00    09/20/2013    (1,450)
Citigroup, Inc.   (40)   25.00    12/20/2013    (1,009)
Citigroup, Inc.   (100)   30.00    12/20/2013    (5,964)
Citigroup, Inc.   (50)   35.00    12/20/2013    (6,435)
Citigroup, Inc.   (150)   25.00    01/17/2014    (4,725)
Citigroup, Inc.   (50)   27.00    01/17/2014    (2,298)
Citigroup, Inc.   (50)   30.00    01/17/2014    (3,624)
Citigroup, Inc.   (100)   25.00    01/16/2015    (11,485)
Coach, Inc.   (50)   44.00    04/19/2013    (259)
Coach, Inc.   (50)   45.00    04/19/2013    (406)
Coach, Inc.   (50)   30.00    05/17/2013    (1)
Coach, Inc.   (50)   35.00    05/17/2013    (65)
Coach, Inc.   (45)   40.00    05/17/2013    (647)
Coach, Inc.   (50)   42.00    05/17/2013    (1,389)
Coach, Inc.   (50)   45.00    05/17/2013    (3,386)
Coach, Inc.   (50)   35.00    08/16/2013    (1,268)
Coach, Inc.   (50)   40.00    08/16/2013    (3,637)
Coach, Inc.   (50)   42.00    08/16/2013    (5,227)
Coach, Inc.   (150)   30.00    11/15/2013    (3,698)
Coach, Inc.   (120)   35.00    11/15/2013    (7,498)
Coach, Inc.   (75)   30.00    01/17/2014    (2,943)
Coach, Inc.   (50)   35.00    01/17/2014    (4,660)
Consolidated Edison, Inc.   (45)   40.00    01/17/2014    (515)
Consolidated Edison, Inc.   (35)   45.00    01/17/2014    (812)
CROCS, Inc.   (30)   9.00    06/21/2013    (24)
Delta Air Lines Inc.   (50)   7.00    06/21/2013    (125)
Delta Air Lines Inc.   (50)   8.00    06/21/2013    (180)
Delta Air Lines Inc.   (50)   7.00    01/17/2014    (704)
Entergy Corp.   (40)   62.50    04/19/2013    (2,000)
Entergy Corp.   (50)   60.00    09/20/2013    (9,500)
Exco Resources Inc.   (50)   5.00    06/21/2013    (500)
Exco Resources Inc.   (50)   6.00    06/21/2013    (993)
Exco Resources Inc.   (50)   8.00    06/21/2013    (6,000)

 

 
 

 

Daxor Corporation
Schedule of Investments (Continued)
March 31, 2013 (Unaudited)

 

Name of Issuer  Number of
Contracts
   Exercise
Price
   Expiration
Date
   Value 
Put Options Written-(3.40%)                    
Exco Resources Inc.   (50)   6.00    09/20/2013   $(2,000)
Exco Resources Inc.   (50)   5.00    01/17/2014    (1,750)
Exelon Corp.   (50)   31.00    04/19/2013    (200)
Exelon Corp.   (50)   32.00    04/19/2013    (250)
Exelon Corp.   (50)   33.00    04/19/2013    (500)
Exelon Corp.   (50)   32.00    05/17/2013    (1,000)
Exelon Corp.   (50)   30.00    07/19/2013    (985)
Exelon Corp.   (22)   35.00    07/19/2013    (3,444)
Exelon Corp.   (50)   25.00    10/18/2013    (608)
Exelon Corp.   (50)   30.00    10/18/2013    (2,250)
Exelon Corp.   (50)   25.00    01/17/2014    (1,500)
First Solar, Inc.   (40)   25.00    04/19/2013    (2,400)
First Solar, Inc.   (50)   30.00    04/19/2013    (17,250)
First Solar, Inc.   (35)   20.00    05/17/2013    (1,087)
First Solar, Inc.   (50)   20.00    06/21/2013    (2,950)
First Solar, Inc.   (50)   21.00    06/21/2013    (3,875)
First Solar, Inc.   (50)   25.00    06/21/2013    (10,050)
First Solar, Inc.   (35)   26.00    06/21/2013    (8,507)
First Solar, Inc.   (50)   16.00    09/20/2013    (2,608)
First Solar, Inc.   (50)   17.00    09/20/2013    (3,417)
First Solar, Inc.   (50)   13.00    01/17/2014    (3,425)
Gap, Inc.   (50)   20.00    06/21/2013    (115)
Gap, Inc.   (50)   21.00    06/21/2013    (175)
Gap, Inc.   (50)   15.00    01/17/2014    (445)
Gap, Inc.   (50)   17.00    01/17/2014    (661)
General Electric Co.   (25)   21.00    05/17/2013    (275)
General Electric Co.   (50)   17.00    06/21/2013    (156)
General Electric Co.   (25)   20.00    06/21/2013    (325)
General Electric Co.   (75)   13.00    09/20/2013    (199)
General Electric Co.   (100)   15.00    09/20/2013    (620)
General Electric Co.   (50)   16.00    09/20/2013    (450)
General Electric Co.   (50)   17.00    09/20/2013    (625)
General Electric Co.   (135)   18.00    09/20/2013    (2,394)
General Electric Co.   (35)   19.00    09/20/2013    (875)
General Electric Co.   (50)   15.00    12/20/2013    (671)
General Electric Co.   (90)   18.00    12/20/2013    (2,927)
General Electric Co.   (50)   10.00    01/17/2014    (200)
General Electric Co.   (50)   13.00    01/17/2014    (400)
General Electric Co.   (100)   15.00    01/17/2014    (1,700)
General Motors Company   (50)   16.00    06/21/2013    (200)
General Motors Company   (50)   17.00    06/21/2013    (250)
General Motors Company   (50)   18.00    06/21/2013    (375)
General Motors Company   (50)   19.00    06/21/2013    (350)
General Motors Company   (50)   22.00    06/21/2013    (750)
General Motors Company   (50)   23.00    06/21/2013    (1,093)
General Motors Company   (50)   19.00    09/20/2013    (900)
General Motors Company   (50)   20.00    09/20/2013    (1,200)
General Motors Company   (50)   22.00    09/20/2013    (2,225)
General Motors Company   (50)   15.00    01/17/2014    (800)
General Motors Company   (50)   18.00    01/17/2014    (1,700)
General Motors Company   (50)   20.00    01/17/2014    (2,875)
Green Mountain Coffee Roasters Inc.   (50)   32.00    04/19/2013    (200)
Green Mountain Coffee Roasters Inc.   (50)   35.00    04/19/2013    (100)
Green Mountain Coffee Roasters Inc.   (50)   36.00    04/19/2013    (100)

 

 
 

 

Daxor Corporation
Schedule of Investments (Continued)
March 31, 2013 (Unaudited)

 

Name of Issuer  Number of
Contracts
   Exercise
Price
   Expiration
Date
   Value 
Put Options Written-(3.40%)                    
Green Mountain Coffee Roasters Inc.   (50)   21.00    06/21/2013   $(94)
Green Mountain Coffee Roasters Inc.   (50)   22.00    06/21/2013    (122)
Green Mountain Coffee Roasters Inc.   (50)   23.00    06/21/2013    (152)
Green Mountain Coffee Roasters Inc.   (50)   25.00    06/21/2013    (175)
Green Mountain Coffee Roasters Inc.   (100)   26.00    06/21/2013    (550)
Green Mountain Coffee Roasters Inc.   (50)   27.00    06/21/2013    (325)
Green Mountain Coffee Roasters Inc.   (50)   28.00    06/21/2013    (475)
Green Mountain Coffee Roasters Inc.   (50)   29.00    06/21/2013    (592)
Green Mountain Coffee Roasters Inc.   (50)   30.00    06/21/2013    (775)
Green Mountain Coffee Roasters Inc.   (50)   25.00    09/20/2013    (1,511)
Green Mountain Coffee Roasters Inc.   (50)   15.00    01/17/2014    (495)
Green Mountain Coffee Roasters Inc.   (50)   18.00    01/17/2014    (1,000)
Hartford Financial Services Group, Inc.   (50)   15.00    06/21/2013    (370)
Hartford Financial Services Group, Inc.   (50)   20.00    06/21/2013    (1,025)
Hartford Financial Services Group, Inc.   (50)   19.00    09/20/2013    (1,750)
Hartford Financial Services Group, Inc.   (50)   20.00    09/20/2013    (2,309)
Hartford Financial Services Group, Inc.   (50)   13.00    01/17/2014    (600)
Hartford Financial Services Group, Inc.   (50)   15.00    01/17/2014    (1,114)
Hewlett Packard Co.   (50)   19.00    04/19/2013    (95)
Hewlett Packard Co.   (50)   12.00    05/17/2013    (8)
Hewlett Packard Co.   (50)   17.00    07/19/2013    (1,050)
Hewlett Packard Co.   (50)   20.00    08/16/2013    (3,258)
Hewlett Packard Co.   (58)   22.00    08/16/2013    (7,019)
Hewlett Packard Co.   (50)   17.00    11/15/2013    (2,350)
Hewlett Packard Co.   (50)   18.00    11/15/2013    (3,150)
Hewlett Packard Co.   (75)   10.00    01/17/2014    (675)
Intuitive Surgical, Inc.   (5)   390.00    04/19/2013    (638)
Intuitive Surgical, Inc.   (5)   400.00    04/19/2013    (800)
Intuitive Surgical, Inc.   (5)   410.00    04/19/2013    (9,918)
Intuitive Surgical, Inc.   (5)   420.00    04/19/2013    (1,472)
Intuitive Surgical, Inc.   (5)   430.00    04/19/2013    (1,924)
Intuitive Surgical, Inc.   (5)   440.00    04/19/2013    (2,575)
Intuitive Surgical, Inc.   (10)   450.00    04/19/2013    (6,736)
Intuitive Surgical, Inc.   (5)   460.00    04/19/2013    (4,665)
Intuitive Surgical, Inc.   (10)   470.00    04/19/2013    (11,961)
Intuitive Surgical, Inc.   (15)   480.00    04/19/2013    (23,110)
Intuitive Surgical, Inc.   (5)   485.00    04/19/2013    (8,750)
Intuitive Surgical, Inc.   (10)   490.00    04/19/2013    (10,906)
Intuitive Surgical, Inc.   (8)   500.00    04/19/2013    (20,000)
Intuitive Surgical, Inc.   (5)   505.00    04/19/2013    (13,958)
Intuitive Surgical, Inc.   (5)   510.00    04/19/2013    (15,435)
Intuitive Surgical, Inc.   (5)   410.00    05/17/2013    (2,244)
Intuitive Surgical, Inc.   (5)   320.00    07/19/2013    (1,025)
Intuitive Surgical, Inc.   (5)   330.00    07/19/2013    (1,246)
Intuitive Surgical, Inc.   (2)   340.00    07/19/2013    (600)
Intuitive Surgical, Inc.   (1)   400.00    07/19/2013    (910)
Intuitive Surgical, Inc.   (5)   420.00    07/19/2013    (6,468)
Ishares Silver Trust   (50)   17.00    01/17/2014    (497)
Johnson & Johnson   (50)   50.00    01/17/2014    (508)
Johnson Controls Inc.   (50)   20.00    07/19/2013    (8)
Johnson Controls Inc.   (65)   23.00    01/17/2014    (2,651)
JP Morgan Chase & Co.   (50)   31.00    06/21/2013    (480)
JP Morgan Chase & Co.   (50)   23.00    09/20/2013    (400)
JP Morgan Chase & Co.   (50)   25.00    09/20/2013    (527)

 

 
 

 

Daxor Corporation
Schedule of Investments (Continued)
March 31, 2013 (Unaudited)

 

Name of Issuer  Number of
Contracts
   Exercise
Price
   Expiration
Date
   Value 
Put Options Written-(3.40%)                    
JP Morgan Chase & Co.   (50)   28.00    09/20/2013   $(755)
KB Home   (50)   12.00    04/19/2013    (1)
KB Home   (50)   16.00    04/19/2013    (150)
KB Home   (50)   10.00    07/19/2013    (28)
KB Home   (50)   13.00    07/19/2013    (375)
KB Home   (50)   16.00    07/19/2013    (1,350)
Keycorp   (90)   7.00    06/21/2013    (180)
Keycorp   (50)   8.00    06/21/2013    (150)
Keycorp   (20)   10.00    01/17/2014    (1,940)
Lennar Corp.   (50)   25.00    11/15/2013    (1,400)
MannKind Corp   (50)   3.00    04/19/2013    (325)
Merck & Co., Inc.   (50)   25.00    01/17/2014    (700)
Micron Technology Inc.   (50)   6.00    10/18/2013    (850)
Microsoft Corporation   (60)   24.00    04/19/2013    (32)
Microsoft Corporation   (40)   25.00    04/19/2013    (102)
Microsoft Corporation   (50)   23.00    07/19/2013    (564)
Microsoft Corporation   (50)   24.00    07/19/2013    (808)
Microsoft Corporation   (50)   23.00    10/18/2013    (1,341)
Microsoft Corporation   (50)   24.00    10/18/2013    (1,881)
Monsanto Co.   (50)   45.00    01/17/2014    (897)
Morgan Stanley   (50)   14.00    04/19/2013     
Morgan Stanley   (50)   15.00    04/19/2013    (2)
Morgan Stanley   (100)   20.00    04/19/2013    (1,850)
Morgan Stanley   (50)   10.00    07/19/2013    (187)
Morgan Stanley   (50)   11.00    07/19/2013    (257)
Morgan Stanley   (50)   12.00    07/19/2013    (333)
Morgan Stanley   (50)   15.00    07/19/2013    (737)
Morgan Stanley   (50)   15.00    10/18/2013    (1,418)
Morgan Stanley   (50)   16.00    10/18/2013    (1,966)
Morgan Stanley   (50)   13.00    01/17/2014    (1,364)
Morgan Stanley   (50)   15.00    01/17/2014    (2,418)
Mosaic Company   (50)   40.00    06/21/2013    (496)
Netflix, Inc.   (25)   115.00    04/19/2013     
Netflix, Inc.   (28)   120.00    04/19/2013    (2)
Netflix, Inc.   (47)   125.00    04/19/2013    (12)
Netflix, Inc.   (50)   130.00    04/19/2013    (42)
Netflix, Inc.   (50)   135.00    04/19/2013    (525)
Netflix, Inc.   (50)   145.00    04/19/2013    (900)
Netflix, Inc.   (50)   150.00    04/19/2013    (1,400)
Netflix, Inc.   (50)   155.00    04/19/2013    (2,350)
Netflix, Inc.   (30)   160.00    04/19/2013    (2,130)
Netflix, Inc.   (40)   115.00    05/17/2013    (1,345)
Netflix, Inc.   (35)   120.00    05/17/2013    (1,855)
Netflix, Inc.   (50)   125.00    05/17/2013    (4,000)
Netflix, Inc.   (50)   130.00    05/17/2013    (5,546)
Netflix, Inc.   (50)   135.00    05/17/2013    (7,825)
Netflix, Inc.   (50)   140.00    05/17/2013    (10,750)
Netflix, Inc.   (50)   145.00    05/17/2013    (13,982)
Netflix, Inc.   (35)   105.00    06/21/2013    (2,065)
Netflix, Inc.   (25)   115.00    06/21/2013    (2,525)
NRG Energy, Inc.   (50)   15.00    06/21/2013    (7)
NRG Energy, Inc.   (50)   16.00    06/21/2013    (25)
NRG Energy, Inc.   (100)   17.00    06/21/2013    (136)
NRG Energy, Inc.   (50)   18.00    06/21/2013    (165)

 

 
 

 

Daxor Corporation
Schedule of Investments (Continued)
March 31, 2013 (Unaudited)

 

Name of Issuer   Number of
Contracts
    Exercise
Price
    Expiration
Date
    Value 
Put Options Written-(3.40%)                    
NRG Energy, Inc.   (50)   19.00    09/20/2013   $(1,250)
NRG Energy, Inc.   (50)   15.00    01/17/2014    (1,000)
NRG Energy, Inc.   (50)   18.00    01/17/2014    (1,808)
Pitney Bowes Inc.   (50)   12.00    04/19/2013    (2)
Pitney Bowes Inc.   (50)   15.00    04/19/2013    (2,250)
Pitney Bowes Inc.   (60)   12.00    07/19/2013    (1,858)
Pitney Bowes Inc.   (50)   13.00    07/19/2013    (2,577)
Pitney Bowes Inc.   (50)   16.00    07/19/2013    (10,375)
Pitney Bowes Inc.   (50)   12.00    10/18/2013    (2,875)
Pitney Bowes Inc.   (50)   13.00    10/18/2013    (4,263)
Pitney Bowes Inc.   (50)   14.00    10/18/2013    (6,308)
Pitney Bowes Inc.   (50)   15.00    10/18/2013    (9,036)
Ralph Lauren Corporation   (50)   85.00    04/19/2013     
Ralph Lauren Corporation   (50)   90.00    04/19/2013     
Ralph Lauren Corporation   (50)   100.00    04/19/2013     
Ralph Lauren Corporation   (25)   80.00    07/19/2013    (3)
Ralph Lauren Corporation   (30)   120.00    07/19/2013    (1,468)
Ralph Lauren Corporation   (50)   100.00    10/18/2013    (2,625)
Pool Corp.   (35)   30.00    07/19/2013    (525)
PPL Corporation   (30)   25.00    04/19/2013     
Research In Motion Limited   (35)   9.00    04/19/2013    (17)
Research In Motion Limited   (25)   10.00    04/19/2013    (61)
Research In Motion Limited   (50)   12.00    04/19/2013    (750)
Research In Motion Limited   (50)   9.00    05/17/2013    (250)
Research In Motion Limited   (35)   10.00    05/17/2013    (455)
Research In Motion Limited   (50)   11.00    05/17/2013    (1,355)
Research In Motion Limited   (40)   12.00    05/17/2013    (1,978)
Research In Motion Limited   (85)   8.00    06/21/2013    (695)
Research In Motion Limited   (50)   9.00    06/21/2013    (850)
Research In Motion Limited   (150)   10.00    06/21/2013    (4,650)
Research In Motion Limited   (50)   11.00    06/21/2013    (2,600)
Research In Motion Limited   (50)   7.00    07/19/2013    (550)
Research In Motion Limited   (50)   7.00    09/20/2013    (850)
Research In Motion Limited   (85)   8.00    09/20/2013    (2,720)
Research In Motion Limited   (50)   9.00    09/20/2013    (2,600)
Research In Motion Limited   (50)   10.00    09/20/2013    (4,032)
Simon Property Group Inc.   (30)   95.00    04/19/2013     
Simon Property Group Inc.   (30)   100.00    04/19/2013     
Simon Property Group Inc.   (30)   105.00    04/19/2013     
Simon Property Group Inc.   (30)   110.00    04/19/2013     
Simon Property Group Inc.   (25)   125.00    04/19/2013     
Simon Property Group Inc.   (30)   130.00    04/19/2013    (5)
Simon Property Group Inc.   (30)   135.00    04/19/2013    (150)
Simon Property Group Inc.   (20)   145.00    04/19/2013    (210)
Simon Property Group Inc.   (35)   150.00    04/19/2013    (787)
Simon Property Group Inc.   (30)   145.00    05/17/2013    (1,830)
Simon Property Group Inc.   (30)   150.00    05/17/2013    (3,510)
Simon Property Group Inc.   (19)   105.00    07/19/2013    (148)
Simon Property Group Inc.   (35)   110.00    07/19/2013    (403)
Simon Property Group Inc.   (30)   115.00    07/19/2013    (506)
Simon Property Group Inc.   (55)   120.00    07/19/2013    (1,343)
St. Joe Co.   (50)   20.00    04/19/2013    (750)
St. Joe Co.   (50)   14.00    06/21/2013    (3)
St. Joe Co.   (50)   15.00    06/21/2013    (19)

 

 
 

 

Daxor Corporation
Schedule of Investments (Continued)
March 31, 2013 (Unaudited)

 

Name of Issuer  Number of
Contracts
   Exercise
Price
   Expiration
Date
   Value 
Put Options Written-(3.40%)                    
St. Joe Co.   (50)   16.00    06/21/2013   $(86)
St. Joe Co.   (100)   17.00    06/21/2013    (1,500)
St. Joe Co.   (150)   18.00    06/21/2013    (2,550)
St. Joe Co.   (150)   19.00    06/21/2013    (4,875)
St. Joe Co.   (150)   20.00    06/21/2013    (7,875)
St. Joe Co.   (30)   21.00    06/21/2013    (2,850)
St. Joe Co.   (50)   16.00    09/20/2013    (1,125)
St. Joe Co.   (96)   17.00    09/20/2013    (3,328)
Starbucks Corporation   (50)   38.00    04/19/2013    (150)
Suntrust Banks, Inc.   (50)   20.00    07/19/2013    (682)
Suntrust Banks, Inc.   (50)   20.00    10/18/2013    (1,250)
Teva Pharmaceutical Industries Limited   (100)   32.50    06/21/2013    (1,234)
Teva Pharmaceutical Industries Limited   (50)   35.00    06/21/2013    (1,250)
Teva Pharmaceutical Industries Limited   (50)   35.00    09/20/2013    (3,300)
Toll Brothers Inc.   (30)   30.00    04/19/2013    (148)
Toll Brothers Inc.   (50)   24.00    06/21/2013    (481)
Toll Brothers Inc.   (50)   21.00    09/20/2013    (728)
Toll Brothers Inc.   (35)   25.00    09/20/2013    (1,596)
Toll Brothers Inc.   (50)   15.00    01/17/2014    (482)
Toll Brothers Inc.   (40)   20.00    01/17/2014    (1,355)
UBS AG   (50)   10.00    06/21/2013    (250)
UBS AG   (50)   11.00    06/21/2013    (500)
UBS AG   (50)   14.00    06/21/2013    (1,875)
UBS AG   (50)   12.00    09/20/2013    (1,500)
UBS AG   (125)   10.00    01/17/2014    (3,250)
United States Natural Gas Fund, LLP   (50)   17.00    04/19/2013    (1)
United States Natural Gas Fund, LLP   (50)   18.00    04/19/2013    (50)
United States Natural Gas Fund, LLP   (50)   19.00    05/17/2013    (434)
United States Natural Gas Fund, LLP   (50)   17.00    07/19/2013    (558)
United States Natural Gas Fund, LLP   (50)   18.00    07/19/2013    (1,075)
United States Natural Gas Fund, LLP   (50)   17.00    10/18/2013    (1,736)
United States Natural Gas Fund, LLP   (50)   18.00    10/18/2013    (2,724)
United States Natural Gas Fund, LLP   (75)   19.00    10/18/2013    (6,213)
United States Natural Gas Fund, LLP   (75)   20.00    10/18/2013    (8,970)
US Bancorp   (50)   25.00    06/21/2013    (350)
Veolia Environnement SA   (50)   12.50    07/19/2013    (6,456)
Verizon Communications, Inc.   (40)   35.00    04/19/2013    (1)
Verizon Communications, Inc.   (50)   30.00    07/19/2013    (225)
Verizon Communications, Inc.   (40)   35.00    10/18/2013    (501)
Verizon Communications, Inc.   (100)   30.00    01/17/2014    (1,377)
Verizon Communications, Inc.   (50)   35.00    01/17/2014    (1,686)
Warner Chilcott   (50)   11.00    04/19/2013    (84)
Warner Chilcott   (50)   11.00    07/19/2013    (1,249)
Warner Chilcott   (50)   12.00    07/19/2013    (2,350)
Warner Chilcott   (50)   13.00    07/19/2013    (4,264)
Wells Fargo Company   (50)   25.00    07/19/2013    (400)
Wells Fargo Company   (50)   25.00    10/18/2013    (1,096)
Wells Fargo Company   (50)   25.00    01/17/2014    (1,973)
Total Put Options Written                 $1,145,390 
                     
Total Call and Put Options Written-(Premium Received)-(4.87%)                 $1,641,023 

 

 
 

 

Daxor Corporation
Schedule of Investments (Continued)
March 31, 2013 (Unaudited)

 

Name of Issuer Number of
Contracts
Exercise
Price
Expiration
Date
   Value 
Margin loans payable-(50.62%) (c)  $(17,048,687)
      
Deferred income taxes, net – (17.61%)  $(5,929,912)
      
Other Liabilities-(0.24%)  $(78,357)
      
Total Liabilities –(73.34)%  $(24,697,979)

  

 
 

 

Daxor Corporation

Schedule of Investments (Continued)

March 31, 2013 (Unaudited)

 


 

The Company utilizes various methods to measure the fair value of most of its investments on a recurring basis. GAAP establishes a hierarchy that prioritizes inputs to valuation methods. The three levels of input are:

 

Level 1 – Unadjusted quoted prices in active markets for identical assets and liabilities that the Company has the ability to access.

 

Level 2 – Observable inputs other than quoted prices included in level 1 that are observable for the asset or liability, either directly or indirectly. These inputs may include quoted prices for the identical instrument on an inactive market, prices for similar instruments, interest rates, prepayment speeds, credit risk, yield curves, default rates and similar data.

 

Level 3 – Unobservable inputs for the asset or liability, to the extent relevant observable inputs are not available, representing the Company’s own assumptions about the assumptions a market participant would use in valuing the asset or liability, and would be based on the best information available.

 

The availability of observable inputs can vary from security to security and is affected by a wide variety of factors, including, for example, the type of security, whether the security is new and not yet established in the marketplace, the liquidity of markets, and other characteristics particular to the security. To the extent that valuation is based on models or inputs that are less observable or unobservable in the market, the determination of fair value requires more judgment. Accordingly, the degree of judgment exercised in determining fair value is greatest for instruments categorized in Level 3.

 

The inputs used to measure fair value may fall into different levels of the fair value hierarchy. In such cases, for disclosure purposes, the level in the fair value hierarchy within which the fair value measurement falls in its entirety, is determined based on the lowest level input that is significant to the fair value measurement in its entirety. The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

 

Investments in securities traded on national securities exchanges are valued at the last reported sales price on the last day of the reporting period. Securities traded on the over the counter market and listed securities for which no sale was reported on that date are valued at the mean between the last reported bid and ask prices.

 

The following tables summarize the inputs used as of March 31, 2013 for the Corporation’s assets and liabilities measured at fair value:

 

Assets *  Level 1  Level 2  Level 3  Total  
Common Stocks  $50,595,532   $—     $—     $50,595,532 
Preferred Stocks   2,155,058    —      —      2,155,058 
Investment in Operating Division   —      —      3,305,515    3,305,515 
Total  $52,750,590   $—     $3,305,515   $56,056,105 

 

Liabilities  Level 1  Level 2  Level 3  Total  
Call and Put Options  $1,641,023   $—     $—     $1,641,023 

 

The Company’s Level 3 assets consist of its investment in its Operating Division. Since it’s inception, the Operating Division has not generated significant revenue and has incurred substantial operating losses. Due to these substantial losses, the Operating Division has been completely dependent on funding from the Company to sustain its operations.

 

As such, the Company has determined that the value of the Operating Division approximates the net book value of certain property and equipment reduced by the remaining mortgage balance on such property and equipment. The property and equipment consist of land, buildings and laboratory equipment located in Oak Ridge, Tennessee.

 

* Refer to the Schedule of Investments for industry classifications for common and preferred stock.

(a) Non-income producing investment.

(b) Restricted cash held by Company’s brokers to satisfy margin requirements.

(c) Short-Term debt due to brokers secured by the Company’s investments in marketable securities.

 

Securities valuation policies and other investment related disclosures will be incorporated by reference to the semi-annual and annual reports to be filed with the Securities and Exchange Commission on Form N-CSR.

 

 
 

 

ITEM 2. CONTROLS AND PROCEDURES

 

(a) The Chief Executive Officer and the Chief Financial Officer have concluded that the registrant’s disclosure controls and procedures are effective based on their evaluation of the disclosure controls and procedures required by Rule 30a-3(b) under the Investment Company Act of 1940 and Rules 13a-15(b) or 15d-15(b) under the Securities Exchange Act of 1934 as of a date within 90 days of the filing of this report.

 

(b) There were no changes in the registrant’s internal control over financial reporting that occurred during the registrant’s last fiscal quarter that have materially affected, or are reasonably likely to materially affect, the registrant’s internal control over financial reporting.

 

ITEM 3. EXHIBITS

 

Certifications required pursuant to Rule 30a-2(a) under the Investment Company Act of 1940 and Section 302 of the Sarbanes-Oxley Act of 2002 are filed herewith as Exhibit A.

 

 
 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

(Registrant) Daxor Corporation

 

By (Signature and Title) /s/ Joseph Feldschuh  
  BY: Joseph Feldschuh  
  ITS: President  
  (Chief Executive Officer/Chairman of the Board of Directors/Principal Executive Officer)  
Date: May 23, 2013    

 

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.

 

By (Signature and Title) /s/David Frankel  
  BY: David Frankel  
  ITS: Chief Financial Officer  
  (Principal Financial Officer/Principal Accounting Officer/Chief Compliance Officer)  
Date: May 23, 2013    

 

 

 

 

EX-99.A 2 ex_a.htm EXHIBIT A


CERTIFICATIONS PURSUANT TO RULE 30a-2(a) UNDER THE INVESTMENT COMPANY ACT OF 1940
AND SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002

Exhibit A

 

 

 

I, Joseph Feldschuh, certify that:

 

1.  I have reviewed this report of Form N-Q of Daxor Corporation
   
2.  Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;
   
3.  Based on my knowledge, the schedule of investments included in this report fairly presents in all material respects the investments of the registrant as of the end of the fiscal quarter for which the report is filed;
   
4.  The registrant’s other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrant and have:

 

  a.  Designed such disclosure controls and procedures or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;
     
  b.  Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles.
     
  c.  Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report based on such evaluation; and
     
  d.  Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

 

5.  The registrants other certifying officer and I have disclosed to the registrant’s auditors and the audit committee of the registrant’s board of directors:

 

  a.  All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize, and report financial information; and
     
  b.  Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

 

Date: May 23, 2013 /s/Joseph Feldschuh
  Joseph Feldschuh, President
  (Chief Executive Officer/Chairman of the Board of Directors/Principal Executive Officer)

 

 
 

 

CERTIFICATIONS PURSUANT TO RULE 30a-2(a) UNDER THE INVESTMENT COMPANY ACT OF 1940

AND SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002

 

 

 

I, David Frankel, certify that:

 

1.  I have reviewed this report of Form N-Q of the Daxor Corporation
   
2.  Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;
   
3.  Based on my knowledge, the schedule of investments included in this report fairly presents in all material respects the investments of the registrant as of the end of the fiscal quarter for which the report is filed;
   
4.  The registrant’s other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrant and have:

 

  a.  Designed such disclosure controls and procedures or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;
     
  b.  Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles.
     
  c.  Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report based on such evaluation; and
     
  d.  Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

 

5.  The registrants other certifying officer and I have disclosed to the registrant’s auditors and the audit committee of the registrant’s board of directors:

 

  a.  All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize, and report financial information; and
     
  b.  Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

 

Date: May 23, 2013 /s/David Frankel
  David Frankel, Chief Financial Officer
  (Principal Financial Officer/Principal Accounting Officer/Chief Compliance Officer)