13F-HR 1 main16.txt 13F-HR REPORT FOR QUARTER ENDED MARCH 31, 2008 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 13F FORM 13F COVER PAGE Report for the Calendar Year or Quarter Ended: March 31, 2008 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: Address: 13 File Number: 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 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: Michael C. Ippolito, cFA Title: Chief Compliance Officer Phone: 941-952-1032 Signature, Place and Date of Signing: Michael C. Ippolito, cFA Sarasota, FL April 11, 2008 Report Type (Check only one.): [ X] 13F HOLDINGS REPORT. [ ] 13F NOTICE. [ ] 13F COMBINATION REPORT. I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE ACT OF 1934 FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 Form 13F Information Table Entry Total: 72 Form 13F Information Table Value Total: 89918 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 DISCRETN MANAGERS SOLE SHARED NONE ------------------------------ ---------------- --------- -------- -------- --- ---- -------- --------- -------- -------- -------- D ADC TELECOMM - B SER B SUB DEB CONVRT BONDS 000886AB7 1197 1425000 SH SOLE 1425000 0 0 D ALBANY INTL CORP - SR UNS CONV CONVRT BONDS 012348AC2 304 300000 SH SOLE 300000 0 0 D ALLERGAN INC - SR UNS CONV DEB CONVRT BONDS 018490AL6 498 450000 SH SOLE 450000 0 0 D ALLIANT TECHSYS SER B SENIOR S CONVRT BONDS 018804AN4 2666 2150000 SH SOLE 2150000 0 0 D AMD SER B SR UNS CONV 6% CONVRT BONDS 007903AL1 951 1500000 SH SOLE 1500000 0 0 D AMER MEDICAL SYS SENIOR SUB CO CONVRT BONDS 02744MAA6 1950 2000000 SH SOLE 2000000 0 0 D AMERICAN EQUITY SER B SR UNS C CONVRT BONDS 025676AE7 873 900000 SH SOLE 900000 0 0 D APOGENT TECH SER B SR UNS CONV CONVRT BONDS 03760AAK7 3705 1900000 SH SOLE 1900000 0 0 D BARNES GROUP INC SER B SENIOR CONVRT BONDS 067806AB5 1223 950000 SH SOLE 950000 0 0 D BECKMAN COULTER SER B SR UNS C CONVRT BONDS 075811AD1 656 600000 SH SOLE 600000 0 0 D BLACKROCK INC SER B SR UNS CON CONVRT BONDS 09247XAB7 1034 500000 SH SOLE 500000 0 0 D BOSTON PROP LP SER B SR UNS CO CONVRT BONDS 10112RAK0 852 900000 SH SOLE 900000 0 0 D CAL DIVE INTL SER B SR UNS CON CONVRT BONDS 127914AB5 1410 1150000 SH SOLE 1150000 0 0 D CBIZ INC SER B SENIOR SUB CONV CONVRT BONDS 124805AB8 1203 1200000 SH SOLE 1200000 0 0 D CENTRAL EUROPEAN SR UNS CONV 3 CONVRT BONDS 153435AA0 747 700000 SH SOLE 700000 0 0 D CHARLES RIVER LA SER B SR UNS CONVRT BONDS 159864AB3 1338 1000000 SH SOLE 1000000 0 0 D CHESAPEAKE ENERGY CONV PFD PRFD STK (CONVRT 165167842 1645 14000 SH SOLE 14000 0 0 D CHURCH & DWIGHT SER B SR UNS C CONVRT BONDS 171340AC6 1013 575000 SH SOLE 575000 0 0 D CONSECO INC SER B SR UNS CONV CONVRT BONDS 208464BH9 1256 1500000 SH SOLE 1500000 0 0 D DICK'S SPORTING SER B SR UNS C CONVRT BONDS 253393AB8 883 900000 SH SOLE 900000 0 0 D DST SYSTEMS - B B-2 SR UNS CON CONVRT BONDS 233326AD9 1968 1450000 SH SOLE 1450000 0 0 D EDGE PETRLM PR A COMMON STOCK 279862205 588 21000 SH SOLE 21000 0 0 D EDWARDS LIFE SER B SR UNS CONV CONVRT BONDS 28176EAB4 1357 1350000 SH SOLE 1350000 0 0 D ENZON PHARMACEUTICALS INC - SR CONVRT BONDS 293904AE8 451 400000 SH SOLE 400000 0 0 D ELEC DATA SYSTEM SER B SR UNS CONVRT BONDS 285661AF1 488 500000 SH SOLE 500000 0 0 D FAIR ISAAC CORP EXCH - SER B - CONVRT BONDS 303250AD6 1621 1650000 SH SOLE 1650000 0 0 D GLOBAL CROSSING SR UNS CONV 5% CONVRT BONDS 37932JAA1 1575 1680000 SH SOLE 1680000 0 0 D GREATBATCH INC - SUB DEB UNS CONVRT BONDS 39153LAB2 169 200000 SH SOLE 200000 0 0 D GREY GLOBAL GRP SER B SUB DEB CONVRT BONDS 39787MAB4 127 100000 SH SOLE 100000 0 0 D HANOVER COMPRESS SR UNS CONV 4 CONVRT BONDS 410768AE5 1470 950000 SH SOLE 950000 0 0 D HENRY SCHEIN SER B SR UNS CONV CONVRT BONDS 806407AB8 2894 2140000 SH SOLE 2140000 0 0 D HUTCHINSON TECH SUB DEB CONV 3 CONVRT BONDS 448407AF3 1014 1300000 SH SOLE 1300000 0 0 D INCYTE CORP SER B SUB DEB CONV CONVRT BONDS 45337CAE2 1906 1800000 SH SOLE 1800000 0 0 D INTEL CORP - JR SUB UNS DEB CONVRT BONDS 458140AD2 345 350000 SH SOLE 350000 0 0 D KENDLE INTL INC SR UNS CONV 3. CONVRT BONDS 48880LAA5 1740 1500000 SH SOLE 1500000 0 0 D L-3 COMMUNICATIO CODES - REG G CONVRT BONDS 502413AW7 1255 1000000 SH SOLE 1000000 0 0 D LEUCADIA NATL SER B SENIOR SUB CONVRT BONDS 527288AX2 4274 2050000 SH SOLE 2050000 0 0 D LIBERTY MEDIA SER B SR UNS CON CONVRT BONDS 530718AF2 1197 1200000 SH SOLE 1200000 0 0 D LIFEPOINT HOSPIT SENIOR SUB CO CONVRT BONDS 53219LAH2 758 900000 SH SOLE 900000 0 0 D LINEAR TECH SER B SR UNS GLOBA CONVRT BONDS 535678AC0 1598 1700000 SH SOLE 1700000 0 0 D LIONS GATE SER B SENIOR SUB CO CONVRT BONDS 535919AG9 2027 2100000 SH SOLE 2100000 0 0 D LOCKHEED MARTIN SER B SR UNS C CONVRT BONDS 539830AP4 2394 1750000 SH SOLE 1750000 0 0 D MICRON TECH SR UNS CONV 1.875% CONVRT BONDS 595112AH6 256 350000 SH SOLE 350000 0 0 D MILLIPORE CORP SER B SR UNS CO CONVRT BONDS 601073AD1 1444 1400000 SH SOLE 1400000 0 0 D NII HOLDINGS SER B SR UNS CONV CONVRT BONDS 62913FAJ1 514 650000 SH SOLE 650000 0 0 D OMNICOM GROUP SER B SR UNS GLO CONVRT BONDS 681919AM8 1814 1800000 SH SOLE 1800000 0 0 D PALM HARBOR SER B SR UNS CONV CONVRT BONDS 696639AB9 368 700000 SH SOLE 700000 0 0 D PIONEER NATURAL SR UNS CONV 2. CONVRT BONDS 723787AH0 554 500000 SH SOLE 500000 0 0 D RAYONIER TRS HOL SER B SR UNS CONVRT BONDS 75508AAB2 312 300000 SH SOLE 300000 0 0 D RECKSON OPERATNG SR UNS CONV 4 CONVRT BONDS 75621LAJ3 930 1000000 SH SOLE 1000000 0 0 D SCHOOL SPECIALTY SER B SUB DEB CONVRT BONDS 807863AL9 1556 1700000 SH SOLE 1700000 0 0 D SEACOR HOLDINGS SER B SR UNS C CONVRT BONDS 811904AJ0 2790 2210000 SH SOLE 2210000 0 0 D SESI LLC SER B SR UNS CONV VRN CONVRT BONDS 78412FAH7 1084 1000000 SH SOLE 1000000 0 0 D SINCLAIR BROAD SER B SENIOR SU CONVRT BONDS 829226AU3 460 500000 SH SOLE 500000 0 0 D SINCLAIR BROAD SR UNS CONV 3% CONVRT BONDS 829226AW9 1278 1400000 SH SOLE 1400000 0 0 D SONIC AUTOMOTIVE SENIOR SUB CO CONVRT BONDS 83545GAK8 1647 1550000 SH SOLE 1550000 0 0 D SONOSITE INC SR UNS CONV 3.75% CONVRT BONDS 83568GAA2 1506 1500000 SH SOLE 1500000 0 0 D ST MARY LAND&EXP SER B SR UNS CONVRT BONDS 792228AD0 502 500000 SH SOLE 500000 0 0 D TECH DATA CORP SR UNS CONV 2.7 CONVRT BONDS 878237AE6 1597 1700000 SH SOLE 1700000 0 0 D TIME WARNER TELE SR UNS CONV 2 CONVRT BONDS 887319AC5 1246 1200000 SH SOLE 1200000 0 0 D TRANSOCEAN INC SER C SR UNS CO CONVRT BONDS 893830AW9 1203 1100000 SH SOLE 1100000 0 0 D TRICO MARINE SER B SR UNS CONV CONVRT BONDS 896106AQ4 1112 1000000 SH SOLE 1000000 0 0 D TRIUMPH GROUP SER B SENIOR SUB CONVRT BONDS 896818AB7 1869 1500000 SH SOLE 1500000 0 0 D UNISOURCE ENERGY SER B SR UNS CONVRT BONDS 909205AB2 609 700000 SH SOLE 700000 0 0 D UNITED AUTO GRP SER B SENIOR S CONVRT BONDS 909440AH2 2043 1950000 SH SOLE 1950000 0 0 D VALE CAPITAL LTD 5.5% GUARANTE PRFD STK (CONVRT 91912C208 663 10000 SH SOLE 10000 0 0 D VALE CAPITAL LTD 5.50% GUARANT PRFD STK (CONVRT 91912C307 330 5000 SH SOLE 5000 0 0 D VORNADO RLTY TST SR UNS CONV 2 CONVRT BONDS 929042AC3 1102 1300000 SH SOLE 1300000 0 0 D WATSON PHARM INC SER B SR UNS CONVRT BONDS 942683AC7 1209 1250000 SH SOLE 1250000 0 0 D WEBMD CORP SER B SUB DEB CONV CONVRT BONDS 94769MAE5 1531 1750000 SH SOLE 1750000 0 0 D WYETH SER B SR UNS CONV FRN US CONVRT BONDS 983024AD2 1407 1400000 SH SOLE 1400000 0 0 D XILINX INC - JR SUB UNS CONV CONVRT BONDS 983919AD3 362 400000 SH SOLE 400000 0 0 S REPORT SUMMARY 72 DATA RECORDS 89918 0 OTHER MANAGERS ON WHOSE BEHALF REPORT IS FILED