13F-HR 1 inftable.txt Form 13F Form 13F Cover Page Report for the Calendar Year or Quarter Ended: Dec 31, 2009 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: Camden Asset Management, L.P. Address: 2049 Century Park East, Suite 330 Los Angeles, CA 90067 13F File Number: 28-3694 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 intergral parts of this form. Person Signing this Report on Behalf of Reporting Manager: Name: John B. Wagner Title: Managing Partner Phone: 310-785-1630 Signature, Place and Date of Signing: John B. Wagner, Los Angeles, CA 02/11/2010 Report Type (Check only one): [X] 13F Holdings Report. [ ] 13F Notice [ ] 13F Combination Report. List of Other Manager Reporting for this Manager: I am signing this report as required by the Securities Exchange Act of 1934. 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 ------------------------------ ---------------- --------- -------- ---------- --- ---- ------- ------------ ------ ------ ---------- LEGG MASON INC COM STO 524901105 2729 90500 SH SOLE 90500 AMBAC FINANCIAL GRP INC 9.5% C CVP 023139702 17917 1475896 SH SOLE 1475896 AUTOLIV INC 8% CV PFD CVP 052800208 4464 75000 SH SOLE 75000 ENTERTAINMENT PROPERTIES 5.75% CVP 29380T402 4983 308200 SH SOLE 308200 FREEPORT-MCMORAN C & G 6.75% C CVP 35671D782 154172 1343079 SH SOLE 1343079 MYLAN INC 6.5% CV PFD CVP 628530206 126099 109857 SH SOLE 109857 VALE CAPITAL CV 6.75% 061512 R CVP 91912F201 838 10000 SH SOLE 10000 VALE CAPITAL CV 6.75% 061512 R CVP 91912F300 1030 12400 SH SOLE 12400 WELLS FARGO CO 7.5% CV PFD L CVP 949746804 67965 73657 SH SOLE 73657 ADC TELECOMMUNICA CV SUB 3.5% CNV 000886AE1 20586 27250000 PRN SOLE 27250000 ADC TELECOMMUNICA CV SUB 3.5% CNV 000886AF8 21641 32005000 PRN SOLE 32005000 AMGEN INC CV SR NTS 0.125% 020 CNV 031162AN0 3012 3050000 PRN SOLE 3050000 AMYLIN PHARMAC CV SR UNSEC 3% CNV 032346AF5 23484 29950000 PRN SOLE 29950000 BIOMARIN CV SR SUB NTS 1.875% CNV 09061GAD3 40917 38100000 PRN SOLE 38100000 CADENCE DESI CV SR UNSEC 1.5% CNV 127387AF5 38191 46826000 PRN SOLE 46826000 CEPHALON INC CV SR SUB 2.5% 05 CNV 156708AR0 39483 35500000 PRN SOLE 35500000 CHESAPEAKE EN CV SR NTS 2.25% CNV 165167CB1 227 300000 PRN SOLE 300000 CHESAPEAKE ENE CV SR NTS 2.5% CNV 165167BZ9 9536 10689000 PRN SOLE 10689000 CHINA MEDICAL TECH CV NTS 4% CNV 169483AC8 17167 27012000 PRN SOLE 27012000 CIENA CORP CV SR NTS 0.875% 06 CNV 171779AE1 12197 21100000 PRN SOLE 21100000 CMS ENERGY C CV SR NTS 2.875% CNV 125896AW0 5750 4670000 PRN SOLE 4670000 CMS ENERGY COR CV SR NTS 5.5% CNV 125896BD1 2325 1900000 PRN SOLE 1900000 COINSTAR INC CV SR UNSEC 4% 09 CNV 19259PAF9 20942 21000000 PRN SOLE 21000000 CONCEPTUS INC CV SR NTS 2.25% CNV 206016AA5 945 1000000 PRN SOLE 1000000 CUBIST PHARM CV SUB NTS 2.25% CNV 229678AC1 48725 51915000 PRN SOLE 51915000 DST SYSTEMS INC CV DEB 3.625% CNV 233326AD9 4720 4500000 PRN SOLE 4500000 EARTHLINK INC CV SR NTS 3.25% CNV 270321AA0 19532 17800000 PRN SOLE 17800000 EMC CORP CV SR UNSEC 1.75% 120 CNV 268648AM4 88927 71350000 PRN SOLE 71350000 ENDO PHA CV SR SUB NTS 1.75% 0 CNV 29264FAA4 35724 38527000 PRN SOLE 38527000 FORD MOTOR CO CV SR NTS 4.25% CNV 345370CF5 27709 21883000 PRN SOLE 21883000 FORD MOTOR COMP CV 4.25% 1115 CNV 345370CN8 37715 29850000 PRN SOLE 29850000 GLOBAL INDU CV SR UNSEC 2.75% CNV 379336AE0 22602 36445000 PRN SOLE 36445000 GOODRICH PETRO CV SR UNSEC 5% CNV 382410AC2 1084 1050000 PRN SOLE 1050000 HEALTH CARE CV SR UNSEC 4.75% CNV 42217KAQ9 11783 10575000 PRN SOLE 10575000 HLTH CORP CV SR NTS 3.125% 090 CNV 94769MAG0 52370 46117000 PRN SOLE 46117000 HOLOGIC INC CV SR UNSEC 2% 121 CNV 436440AA9 1106 1300000 PRN SOLE 1300000 HORIZON LINES CV SR NTS 4.25% CNV 44044KAB7 4860 6000000 PRN SOLE 6000000 HOSPITALITY PR CV SR NTS 3.8% CNV 44106MAK8 5432 5537000 PRN SOLE 5537000 KINROSS GOLD CV SR NTS 1.75% CNV 496902AD9 16586 16006000 PRN SOLE 16006000 L-3 COMMUNICAT CV COGUARNT 3% CNV 502413AW7 31451 29920000 PRN SOLE 29920000 LIBERTY MEDIA CORP CV DEB 4% 1 CNV 530715AG6 19714 37385000 PRN SOLE 37385000 LINCARE HOL CV SR UNSEC 2.75% CNV 532791AF7 84805 80550000 PRN SOLE 80550000 LINCARE HOL CV SR UNSUB 2.75% CNV 532791AE0 18213 17228000 PRN SOLE 17228000 LINEAR TECHNOL CV SR UNSUB 3% CNV 535678AC0 52811 52892000 PRN SOLE 52892000 MASSEY ENER CV COGUARNT 3.25% CNV 576203AJ2 6886 7900000 PRN SOLE 7900000 MASTEC INC CV SR NTS 4% 061514 CNV 576323AG4 4400 4200000 PRN SOLE 4200000 MENTOR GRAPH CV SUB DEB 6.25% CNV 587200AF3 25404 26000000 PRN SOLE 26000000 MICROCHIP TE CV JR SUB 2.125% CNV 595017AB0 33528 33050000 PRN SOLE 33050000 MICRON TEC CV SR UNSEC 1.875% CNV 595112AH6 39291 40600000 PRN SOLE 40600000 NABORS INDU CV COGUARNT 0.94% CNV 629568AP1 1079 1100000 PRN SOLE 1100000 NETAPP INC CV SR UNSEC 1.75% 0 CNV 64110DAB0 16525 13325000 PRN SOLE 13325000 NETWORK EQUIPME CV 3.75% 1215 CNV 641208AC7 153 200000 PRN SOLE 200000 NEWMONT MI CV COGUARNT 1.625% CNV 651639AJ5 47200 37779000 PRN SOLE 37779000 NEWPORT CORP CV SUB NTS 2.5% 0 CNV 651824AB0 1715 1875000 PRN SOLE 1875000 NII HOLDIN CV SR UNSEC 3.125% CNV 62913FAJ1 14453 15750000 PRN SOLE 15750000 OMNICARE INC CV DEB 3.25% 1215 CNV 681904AL2 19374 23686000 PRN SOLE 23686000 ONYX PHARMACEUTI CV SR NTS 4% CNV 683399AB5 8775 8244000 PRN SOLE 8244000 OSI PHARMACEUTICA CV UNSEC 3% CNV 671040AH6 9717 10560000 PRN SOLE 10560000 RAMBUS INC CV SR UNSEC 5% 0615 CNV 750917AC0 41768 27800000 PRN SOLE 27800000 RECKSON OPERATIN CV SR NTS 4% CNV 75621LAJ3 4486 4500000 PRN SOLE 4500000 REGIS CORP CV SR UNSEC 5% 0715 CNV 758932AA5 25545 20734000 PRN SOLE 20734000 SHANDA INTERA CV SR UNSEC 2% 0 CNV 81941QAD6 6389 4200000 PRN SOLE 4200000 STILLWATER CV SR UNSEC 1.875% CNV 86074QAF9 5478 6600000 PRN SOLE 6600000 SYMANTEC CORP CV SR NTS 0.75% CNV 871503AD0 28790 26400000 PRN SOLE 26400000 SYMANTEC CORP CV SR UNSEC 1% 0 CNV 871503AF5 46321 41300000 PRN SOLE 41300000 TEXTRON INC CV SR UNSEC 4.5% 0 CNV 883203BN0 15824 9833000 PRN SOLE 9833000 TRANSOCEAN I CV SR UNSEC 1.5% CNV 893830AV1 49778 51200000 PRN SOLE 51200000 UAL CORP CV SR NTS 6% 101529 R CNV 902549AJ3 26544 16044000 PRN SOLE 16044000 UDR INC CV SR NTS 3.625% 09151 CNV 910197AM4 9937 10100000 PRN SOLE 10100000 US AIRWAYS CV SR UNSEC 7.25% CNV 911905AC1 25449 19800000 PRN SOLE 19800000 US BANCORP CV SR UNSEC 0% 0920 CNV 902973AQ9 9513 10000000 PRN SOLE 10000000 US STEEL CORP CV SR UNSEC 4% 0 CNV 912909AE8 35196 18800000 PRN SOLE 18800000 VERISIGN INC CV SUB 3.25% 0815 CNV 92343EAD4 39467 44500000 PRN SOLE 44500000 VIROPHARMA INC CV SR NTS 2% 03 CNV 928241AH1 9377 12850000 PRN SOLE 12850000 WILSON GREAT CV SUB DEB 2.25% CNV 39153LAB2 24578 28800000 PRN SOLE 28800000 XILINX CV JR SUB DEBS 3.125% CNV 983919AD3 10403 11220000 PRN SOLE 11220000 GLG PARTNERS INC WAR 7.500 201 WAR 37929X115 275 1743500 SH CALL SOLE 1743500 RAYTHEON COMPANY WAR 37.500 06 WAR 755111119 14470 1001755 SH CALL SOLE 1001755