13F-HR 1 f033112.txt FORM 13F COVER PAGE Report for the Calendar Year or Quarter Ended: March 31, 2012 Institutional Investment Manager Filing this Report: NAME: Glickenhaus & Co. ADDRESS: 546 Fifth Avenue New York, NY 10036 13F 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 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: Linda Anderson Title: Director and Principal Phone: 212-953-7872 Signature, Place, and Date of Signing: Linda Anderson New York, NY April 26, 2012 Report Type Type: [X] 13F HOLDINGS REPORT [ ] 13F NOTICE [ ] 13F COMBINATION REPORT List of Other Managers Reporting for this Manager: 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: 291 FORM 13F INFORMATION TABLE VALUE TOTAL: $876,489,000 LIST OF OTHER INCLUDED MANAGERS: NO. 13F FILE NUMBER NAME 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 ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- 100,000THS ENBRIDGE ENERGY MGT COM CKC50X106 0 326034 SH SOLE 0 0 326034 ABBOTT LABS COM 002824100 13828 225623 SH SOLE 189854 0 35769 AFLAC INS 2.65 02/15/17 CORPORATE BONDS 001055AH5 202 200000 PRN DEFINED 0 200000 0 AIG 4.250% 09/15/14 CORPORATE BONDS 026874CA3 495 480000 PRN DEFINED 375000 105000 0 AL AG & MECH UNIV 5.000% 11/01 MUNICIPAL BONDS 010230KX7 366 350000 PRN SOLE 300000 0 50000 AL ST AG & MECH UNIV 5.000% 11 MUNICIPAL BONDS 010230KV1 317 300000 PRN SOLE 300000 0 0 ALCOA, INC. COM 013817101 9010 899198 SH DEFINED 777387 100 121711 ALLSTATE CORP COM 020002101 4243 128900 SH SOLE 101900 0 27000 ALON REFINING 13.50 10/15/14 CORPORATE BONDS 02051PAC2 1605 1446000 PRN DEFINED 871000 350000 225000 AMERIGAS PART 6.25 08/20/19 CORPORATE BONDS 030981AG9 400 400000 PRN SOLE 400000 0 0 AMGEN INC COM 031162100 5911 86966 SH SOLE 66566 0 20400 AMR CORP DEL COM 001765106 41 84250 SH SOLE 80950 0 3300 ANADARKO PETE CODTD 09/19/0 5. CORPORATE BONDS 032511AX5 231 200000 PRN SOLE 200000 0 0 ANADARKO PETE CORP COM 032511107 6592 84140 SH DEFINED 71350 540 12250 ANADARKO PETRO 7.625% 03/15/14 CORPORATE BONDS 032511BD8 2096 1880000 PRN SOLE 1765000 0 115000 AON CORP COM COM 037389103 10340 210772 SH SOLE 176022 0 34750 APPLE COMPUTER INC COM 037833100 961 1603 SH SOLE 1570 0 33 APRIA HEALTHCARE GRP 12.375% 1 CORPORATE BONDS 037933AG3 2269 2275000 PRN DEFINED 1600000 225000 450000 ARCELORMITTAL STEEL 6.125% 06/ CORPORATE BONDS 03938LAF1 841 800000 PRN DEFINED 600000 100000 100000 ASSURED GUARANTY LTD COM COM G0585R106 165 10000 SH SOLE 0 0 10000 ATLANTA GA TAX ALLOC 5.000% 12 MUNICIPAL BONDS 047849CD4 214 200000 PRN SOLE 200000 0 0 AURORA OIL & GAS CORP COM COM 052036100 1 63500 SH SOLE 63500 0 0 AVERY DENNISON CORP COM 053611109 1142 37900 SH SOLE 35100 0 2800 AXIS CAPITAL HLDGS LTD COM G0692U109 7739 233307 SH SOLE 207009 0 26298 B A S F A G SPONSORED ADR COM 055262505 524 6000 SH SOLE 5800 0 200 BANK OF AMERICA COM 060505104 7808 815934 SH SOLE 726850 0 89084 BANK OF AMERICA CORPORATION 7. PREFERRED STOCKS 060505682 272 278 SH SOLE 18 0 260 BANK OF NEW YORK MELLON CORPOR COM 064058100 486 20157 SH SOLE 20157 0 0 BEAZER HOMES USA INC COM 07556Q105 102 31500 SH SOLE 31100 0 400 BELL CAL COP 5.00 09/01/23 MUNICIPAL BONDS 07786EBR4 245 245000 PRN SOLE 245000 0 0 BERKSHIRE HATHAWAY 3.40 01/31/ CORPORATE BONDS 084670BF4 202 200000 PRN DEFINED 0 200000 0 BERKSHIRE HATHAWDTD 08/15/1 2. CORPORATE BONDS 084670BB3 518 500000 PRN DEFINED 0 500000 0 BLACK RAVEN WTS. @ 2.50 EXP.12 WARRANT AND RIGH 999999999 0 30469 SH SOLE 30469 0 0 BOARDWALK PIPELINE PART. COM 096627104 4998 188888 SH SOLE 176075 0 12813 BP P L C SPONSORED ADR COM 055622104 349 7765 SH DEFINED 125 3000 4640 BP PRUDHOE BAY RTY TR UNIT BEN COM 055630107 1432 11449 SH SOLE 5162 0 6287 BREVARD CNTY FL GO 5.000% 07/0 MUNICIPAL BONDS 107403QR1 253 235000 PRN DEFINED 100000 100000 35000 CABOT OIL & GAS CORP COM 127097103 9463 303596 SH SOLE 234580 0 69016 CALUMET SPECIALTY PRODS PTNRUT COM 131476103 322 12200 SH SOLE 11500 0 700 CAPLEASE INC PFD SER A PREFERRED STOCKS 140288200 404 16500 SH SOLE 500 0 16000 CASE NEW HOLLAND 7.75 09/01/13 CORPORATE BONDS 147446AP3 320 300000 PRN SOLE 300000 0 0 CHEVRONTEXACO CORPORATION COM 166764100 1159 10808 SH DEFINED 7761 2900 147 CHINA AGRITECH INC COM NEW COM 16937A200 569 632727 SH DEFINED 555527 3000 74200 CHUBB CORP COM 171232101 1073 15523 SH SOLE 14575 0 948 CITIZENS PPTY FL 4.250% 06/01/ MUNICIPAL BONDS 176553EN1 204 190000 PRN SOLE 190000 0 0 CITIZENS PPTY INS FL 4.000% 06 MUNICIPAL BONDS 176553EM3 715 675000 PRN SOLE 550000 0 125000 CLIFFS NATURAL RESOURCES INC COM 18683K101 208 3000 SH SOLE 0 0 3000 CNOOC LTD SPONSORED ADR COM 126132109 449 2200 SH SOLE 2100 0 100 COMCAST CORP CL A SPL COM 20030N200 743 25192 SH SOLE 22950 0 2242 COMPTON CA REDEV 5.000% 08/01/ MUNICIPAL BONDS 204712HF3 307 300000 PRN SOLE 300000 0 0 CONOCOPHILLIPS COM COM 20825C104 567 7459 SH SOLE 5129 0 2330 CONSTELLATION ENERGY PARTNER COM 21038E101 127 49200 SH SOLE 47700 0 1500 CORNING INC COM 219350105 4339 308144 SH SOLE 231000 0 77144 COVANTA HLDG CORP COM 22282E102 631 38900 SH SOLE 32700 0 6200 CT 5.000% 11/01/14 MUNICIPAL BONDS 20772GT73 278 250000 PRN SOLE 250000 0 0 CVR PARTNERS, LP COM 126633106 4829 183600 SH SOLE 165700 0 17900 D R HORTON INC COM 23331A109 1481 97619 SH SOLE 80746 0 16873 DELAWARE CNTY PA IDA PECO 4.00 MUNICIPAL BONDS 246015BL4 204 200000 PRN SOLE 200000 0 0 DENBURY RES INC COM 247916208 3600 197495 SH SOLE 186795 0 10700 DEVON ENERGY CORP COM 25179M103 17062 239905 SH SOLE 206500 0 33405 DHT MARITIME,INC COM Y2065G105 178 185244 SH SOLE 49582 0 135662 DIANA CONTAINERSHIPS INC COM COM Y2069P101 131 21611 SH SOLE 5492 0 16119 DIANA SHIPPING INC COM Y2066G104 2001 223538 SH SOLE 195500 0 28038 DOW CHEMICAL CORP COM 260543103 22021 635716 SH SOLE 539128 0 96588 DU PONT E I DE NEMOURS CO COM 263534109 1604 30325 SH SOLE 29700 0 625 DUKE ENERGY CORP COM 26441C105 1536 73108 SH SOLE 69508 0 3600 DUPONT FABROS TECHNOLOGY INC. COM 26613Q106 326 13350 SH SOLE 12250 0 1100 DUTCHESS CNTY NY IDA BARD C 5. MUNICIPAL BONDS 267041FT3 377 350000 PRN SOLE 250000 0 100000 EDGAR ONLINE INC COM COM 279765101 165 190604 SH SOLE 3500 0 187104 ENBRIDGE ENERGY PARTNERS L PCO COM 29250R106 4870 157256 SH SOLE 150456 0 6800 ENERGY TRANSFER PARTNERS COM 29273R109 25113 535345 SH SOLE 476235 0 59110 ENERPLUS CORPORATION COM 292766102 10433 465364 SH SOLE 421507 0 43857 ENSCO INTERNATIONAL SPONS ADR COM 29358Q109 238 4500 SH SOLE 2000 0 2500 ENTERPRISE PRODS PART. COM 293792107 71378 1414256 SH DEFINED 1291775 400 122081 EOG RESOURCES INC. COM 26875P101 8299 74702 SH SOLE 63702 0 11000 EQUAL ENERGY LTD COM 29390Q109 259 69551 SH SOLE 67399 0 2152 ERIE CNTY NY 5.250% 04/01/16 MUNICIPAL BONDS 295084CN5 367 335000 PRN SOLE 200000 0 135000 ERIE CNTY NY IDA SCH FAC 5.750 MUNICIPAL BONDS 29509PBU2 272 250000 PRN SOLE 0 0 250000 ESCAMBIA CNTY FL HLTH BAPTI 5. MUNICIPAL BONDS 296110FN4 327 300000 PRN SOLE 300000 0 0 EVOLUTION PETROLEUM CORP COM COM 30049A107 228 24501 SH SOLE 24501 0 0 EXCEL MARITIME CARRIERS LTD CO COM V3267N107 716 358154 SH SOLE 273041 0 85113 EXXON CORPORATION COM 30231G102 1818 20957 SH DEFINED 7682 4200 9075 FEDEX CORP COM 31428X106 5343 58100 SH SOLE 45300 0 12800 FIRST INTERSTATE BANK SYSTEMS COM 32055Y201 447 30600 SH SOLE 28300 0 2300 FL DEPT OF CHILD 5.00% 04/01/1 MUNICIPAL BONDS 34160EBQ6 250 250000 PRN SOLE 250000 0 0 FL MUN PWR 5.000% 10/01/13 MUNICIPAL BONDS 342816WP6 211 200000 PRN SOLE 200000 0 0 FL ST MUNI LN 5.250% 12/01/16 MUNICIPAL BONDS 342815MY0 260 250000 PRN SOLE 250000 0 0 FORD MTR CO DEL COM PAR $0.00 COM 345370860 2236 179200 SH DEFINED 152500 800 25900 FOREST OIL CORP COM PAR $0.01 COM 346091705 121 10000 SH SOLE 10000 0 0 FORTESCUE METALS GROUP FOREIGN COMMON S Q39360104 25664 4264050 SH DEFINED 3983300 1600 279150 FREEPORT MCMORAN COPPER&GOLDCL COM 35671D857 1027 27000 SH SOLE 20400 0 6600 GENERAL ELEC CO COM 369604103 10552 525746 SH DEFINED 422348 3000 100398 GENERAL MARITIME COM Y2693R101 1 46900 SH SOLE 45560 0 1340 GIBRALTAR INDUSTRIES INC COM 374689107 2143 141437 SH SOLE 141437 0 0 GLOBAL GEOPHYSICAL SERV. COM 37946S107 1498 141212 SH SOLE 127512 0 13700 GLOBE SPECIALTY METALS INC COM COM 37954N206 253 17000 SH SOLE 17000 0 0 GRAFTECH INTL LTD COM COM 384313102 2276 190625 SH DEFINED 169200 300 21125 HARRIS CNTY TX MTA 4.000% 11/0 MUNICIPAL BONDS 41421NAH7 217 200000 PRN SOLE 200000 0 0 HARTFORD FINL SVCS GROUP INC COM 416515104 1312 62250 SH SOLE 61750 0 500 HEWLETT PACKARD CO COM 428236103 3930 164917 SH SOLE 141570 0 23347 HOLYOKE MA 5.000% 06/15/15 MUNICIPAL BONDS 4367043J7 216 200000 PRN SOLE 175000 0 25000 HONEYWELL INTERNATIONAL, INC. COM 438516106 568 9300 SH SOLE 8900 0 400 HUNTSVILLE AL PUB ED BLDG 5.65 MUNICIPAL BONDS 447156AK6 256 320000 PRN SOLE 320000 0 0 I B M COM 459200101 24015 115098 SH SOLE 91580 0 23518 ICAHN ENTERPRISES 8.000% 01/15 CORPORATE BONDS 451102AH0 1820 1750000 PRN DEFINED 1100000 300000 350000 ILLINOIS FIN AUTH REV PROVE 5. MUNICIPAL BONDS 45200FT82 225 200000 PRN SOLE 200000 0 0 INDIANA FIN AUTH US STEEL 6.00 MUNICIPAL BONDS 455054AS5 418 400000 PRN DEFINED 200000 100000 100000 INDO MINES, LTD. FOREIGN COMMON S XR6068347 189 650000 SH SOLE 650000 0 0 INERGY L P COM 456615103 3708 226488 SH SOLE 217317 0 9171 INGERSOLL RAND 9.500% 04/15/14 CORPORATE BONDS 45687AAE2 542 470000 PRN SOLE 470000 0 0 INGERSOLL-RAND PLC COM G47791101 2617 63300 SH SOLE 58900 0 4400 INTERNATIONAL PAPER CO COM 460146103 5031 143345 SH SOLE 117155 0 26190 J.P. MORGAN CHASE & CO COM 46625H100 583 12684 SH DEFINED 6306 2000 4378 JAX ELEC FL 4.000% 10/01/13 MUNICIPAL BONDS 46613QEJ9 258 245000 PRN SOLE 245000 0 0 JOHN DEERE CAP. 5.25 10/01/12 GOVERNMENT AGENC 24422EQW2 466 455000 PRN SOLE 400000 0 55000 JOHNSON & JOHNSON COM 478160104 1365 20695 SH SOLE 13720 0 6975 KANSAS CITY MO SPL OB 5.250% 0 MUNICIPAL BONDS 485106CB2 231 200000 PRN SOLE 200000 0 0 KINDER MORGAN EGY PTNS L P UT COM 494550106 414 5000 SH SOLE 5000 0 0 LA ST CIT PPY 5.000% 06/01/16 MUNICIPAL BONDS 546456AY0 410 365000 PRN SOLE 365000 0 0 LABORATORY CORP AMER HLDGS COM COM 50540R409 600 6550 SH SOLE 6350 0 200 LANCASTER CA REDEV TAX ALL 5.2 MUNICIPAL BONDS 513799QS8 407 400000 PRN SOLE 400000 0 0 LENNAR CORP COM 526057104 204 7500 SH SOLE 0 0 7500 LIBERTY MEDIA HLDG CORP INT CO COM 53071M104 289 15128 SH SOLE 14403 0 725 LONG ISLAND POWER 5.00% DUE 9/ MUNICIPAL BONDS 542690VC3 208 200000 PRN SOLE 200000 0 0 LYNAS CORPORATION LTD FOREIGN COMMON S Q5683J103 171 150000 SH SOLE 150000 0 0 MAGNA INTL INC CL A COM 559222401 740 15500 SH DEFINED 13300 200 2000 MARKWEST ENERGY PARTNERS L PUN COM 570759100 655 11200 SH SOLE 11100 0 100 MAS H & E COVENANT 5.000% 07/0 MUNICIPAL BONDS 57586DAJ2 279 260000 PRN SOLE 260000 0 0 MASS ED FIN AUTH 5.500% 01/01/ MUNICIPAL BONDS 57563RHK8 228 200000 PRN SOLE 200000 0 0 MASS HLTH & ED CAREGROUP 5.375 MUNICIPAL BONDS 57586C4F9 260 230000 PRN SOLE 115000 0 115000 MASS H&E SIMMONS COLL 6.000% 1 MUNICIPAL BONDS 57586EEB3 534 500000 PRN SOLE 400000 0 100000 MASS PORT 5.750% 07/01/12 MUNICIPAL BONDS 575895XR3 405 400000 PRN SOLE 200000 0 200000 METLIFE INC COM 59156R108 8081 216349 SH SOLE 184699 0 31650 MFS INTER INCOME TRUST SH BEN CORPORATE BOND F 55273C107 102 16034 SH SOLE 16034 0 0 MIAMI FL 5.000% 01/01/15 MUNICIPAL BONDS 5933885A5 403 375000 PRN SOLE 350000 0 25000 MIAMI FL GO 5.000% 01/01/19 MUNICIPAL BONDS 5933885F4 476 445000 PRN SOLE 445000 0 0 MO JT ELEC 5.000% 01/01/16 MUNICIPAL BONDS 606092AE4 277 255000 PRN SOLE 255000 0 0 MOLY MINES, LTD. FOREIGN COMMON S Q6320J100 2273 7976842 SH DEFINED 7351742 10000 615100 MONMOUTH REAL ESTATE INVT COCL COM 609720107 116 11900 SH SOLE 2400 0 9500 MONROVIA CA REDEV TAX ALOT 4.4 MUNICIPAL BONDS 611587FH4 350 350000 PRN DEFINED 100000 200000 50000 MORGAN STANLY DN WTTR COM 617446448 5216 265600 SH SOLE 226750 0 38850 NAVIOS MARITIME ACQUIS CORP SH COM Y62159101 1414 433604 SH DEFINED 349584 2600 81420 NAVIOS MARITIME HOLDINGS COM Y62196103 30108 7168628 SH DEFINED 6715624 400 452604 NAVIOS MARITIME PART. COM Y62267102 36427 2185179 SH DEFINED 1957941 1000 226238 NC EASTERN MUN PWR AGY 4.000% MUNICIPAL BONDS 658196Y20 271 250000 PRN SOLE 250000 0 0 NC PWR CATAWBA 5.250% 01/01/13 MUNICIPAL BONDS 658203G81 254 245000 PRN SOLE 245000 0 0 NC PWR CATAWBA 5.250% 01/10/18 MUNICIPAL BONDS 658203K52 298 250000 PRN SOLE 250000 0 0 NEW FLYER INDUSTRIES INC COM N COM 64438T401 1325 190590 SH SOLE 124190 0 66400 NEW HAMPSHIRE HLTH 5.00 07/01/ MUNICIPAL BONDS 644614TL3 218 200000 PRN SOLE 200000 0 0 NEW JERSEY HLTH HOLY NAME 4.25 MUNICIPAL BONDS 64579FJ20 262 250000 PRN SOLE 225000 0 25000 NEW YORK NY 5.00 08/01/19 MUNICIPAL BONDS 64966FV84 633 550000 PRN SOLE 125000 0 425000 NEW YORK NY 5.000% 09/01/19 MUNICIPAL BONDS 64966HAV2 504 425000 PRN SOLE 325000 0 100000 NEW YORK ST DORM AUTH REVS RFD MUNICIPAL BONDS 64983TY98 343 325000 PRN SOLE 175000 0 150000 NEW YORK STATE DORM AUTH 4.000 MUNICIPAL BONDS 649901LP8 305 300000 PRN SOLE 250000 0 50000 NEW YORK STATE DORM AUTH 4.200 MUNICIPAL BONDS 649901KK0 550 545000 PRN SOLE 545000 0 0 NEWMONT MNG CORP COM 651639106 205 4000 SH SOLE 4000 0 0 NH HEALTH & ED 3.250% 08/01/13 MUNICIPAL BONDS 644614YY9 355 345000 PRN SOLE 245000 0 100000 NIAGARA FALLS NY CSD 5.000% 06 MUNICIPAL BONDS 653424CJ8 335 320000 PRN SOLE 320000 0 0 NJ ED KEAN UNIV 5.000% 09/01/2 MUNICIPAL BONDS 646065ZS4 284 250000 PRN SOLE 100000 0 150000 NJ EDA 5.00 09/01/29 MND PUT 0 MUNICIPAL BONDS 645918LR2 218 200000 PRN SOLE 100000 0 100000 NJ EDA 5.000% 03/01/17 MUNICIPAL BONDS 645918PL1 641 550000 PRN SOLE 375000 0 175000 NJ EDA 5.875% 06/01/18 MUNICIPAL BONDS 64577HLE9 511 500000 PRN SOLE 500000 0 0 NJ HLTH CARE FAC 5.250% 10/01/ MUNICIPAL BONDS 64580AAK7 235 200000 PRN SOLE 200000 0 0 NJ HLTH CARE FAC 5.500% 10/01/ MUNICIPAL BONDS 64580AAL5 346 300000 PRN SOLE 300000 0 0 NJ HLTH RARITAN BAY MED 7.250% MUNICIPAL BONDS 64579CZR4 445 445000 PRN DEFINED 0 195000 250000 NJ HSG 6.375% 10/01/28 MUNICIPAL BONDS 6461292E5 214 195000 PRN SOLE 195000 0 0 NO. 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