13F-HR 1 inftable.txt Form 13F Form 13F Cover Page Report for the Calendar Year or Quarter Ended: Dec 31, 2010 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 02/10/2011 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 ------------------------------ ---------------- --------- -------- ---------- --- ---- ------- ------------ ------ ------ ---------- APACHE CORP COM STO 037411105 2504 21000 SH SOLE 21000 NEXTERA ENERGY INC COM STO 65339F101 1029 19800 SH SOLE 19800 PROMOTORA DE INFORMACIONES SA STO 74343G204 2393 298352 SH SOLE 298352 ANGLOGOLD HOLDINGS LTD CV 6% CVP 03512Q206 6904 125000 SH SOLE 125000 ASPEN INSURANCE HLDS L 5.625% CVP G05384113 9795 179770 SH SOLE 179770 AUTOLIV INC 8% CV PFD CVP 052800208 13213 125000 SH SOLE 125000 FIFTH THIRD BANCORP 8.5% CV PF CVP 316773209 48481 329396 SH SOLE 329396 FORD MOTOR CO CAP TR II 6.5% C CVP 345395206 42120 812819 SH SOLE 812819 GENERAL MOTORS CO 4.75% CV PFD CVP 37045V209 14835 275000 SH SOLE 275000 GREAT PLAINS ENERGY INC 12% PF CVP 391164803 28618 450600 SH SOLE 450600 KEYCORP 7.75% CV PFD A CVP 493267405 36537 340607 SH SOLE 340607 LEGG MASON INC 7% CV PFD CVP 524901303 7627 226334 SH SOLE 226334 PROMOTORA DE INFORMACIONES SA CVP 74343G303 10943 1147090 SH SOLE 1147090 STANLEY BLACK & DECKER I 4.75% CVP 854502309 63861 588500 SH SOLE 588500 VALE CAPITAL CV 6.75% 061512 R CVP 91912F201 7467 77500 SH SOLE 77500 VALE CAPITAL CV 6.75% 061512 R CVP 91912F300 24818 255000 SH SOLE 255000 WELLS FARGO CO 7.5% CV PFD L CVP 949746804 11720 11700 SH SOLE 11700 ADC TELECOMMUNICA CV SUB 3.5% CNV 000886AE1 9873 9839000 PRN SOLE 9839000 ADC TELECOMMUNICA CV SUB 3.5% CNV 000886AF8 48331 48346000 PRN SOLE 48346000 AMERICAN MEDICAL SYSTE CV 4% CNV 02744MAB4 1220 1000000 PRN SOLE 1000000 AMERIGROUP CORP CV 2% 051512 CNV 03073TAB8 31058 26885000 PRN SOLE 26885000 AMYLIN PHARMAC CV SR UNSEC 3% CNV 032346AF5 5045 5800000 PRN SOLE 5800000 BIOMARIN CV SR SUB NTS 1.875% CNV 09061GAD3 39436 27500000 PRN SOLE 27500000 BOSTON PROPER CV SR NTS 3.75% CNV 10112RAG9 57143 51535000 PRN SOLE 51535000 CEPHALON INC CV SR SUB 2.5% 05 CNV 156708AR0 283 250000 PRN SOLE 250000 CHESAPEAKE EN CV SR NTS 2.25% CNV 165167CB1 234 300000 PRN SOLE 300000 CHESAPEAKE ENE CV SR NTS 2.5% CNV 165167BZ9 24186 27189000 PRN SOLE 27189000 CHINA MEDICAL TECH CV NTS 4% CNV 169483AC8 679 800000 PRN SOLE 800000 CIENA CORP CV SR NTS 0.875% 06 CNV 171779AE1 6608 8100000 PRN SOLE 8100000 COINSTAR INC CV SR UNSEC 4% 09 CNV 19259PAF9 40735 25655000 PRN SOLE 25655000 COMTECH TELECOMMUNICA CV 3% 0 CNV 205826AF7 1563 1500000 PRN SOLE 1500000 CONVERGYS CORP CV DEB 5.75% 09 CNV 212485AE6 16034 11633000 PRN SOLE 11633000 CUBIST PHARMACEUTICA CV 2.5% CNV 229678AD9 60091 62400000 PRN SOLE 62400000 DOLLAR FINANCIAL C CV 3% 2028 CNV 256664AC7 13354 11327000 PRN SOLE 11327000 DST SYSTEMS INC CV NTS 4.125% CNV 233326AE7 3023 2700000 PRN SOLE 2700000 EARTHLINK INC CV SR NTS 3.25% CNV 270321AA0 8407 7500000 PRN SOLE 7500000 EMC CORP CV SR UNSEC 1.75% 120 CNV 268648AK8 362 250000 PRN SOLE 250000 EMC CORP CV SR UNSEC 1.75% 120 CNV 268648AM4 75355 50000000 PRN SOLE 50000000 ENDO PHARMACEUT HLD CV 1.75% CNV 29264FAB2 37174 28000000 PRN SOLE 28000000 GENERAL CABLE CO CV 4.5 11152 CNV 369300AL2 90219 75720000 PRN SOLE 75720000 GLOBAL INDU CV SR UNSEC 2.75% CNV 379336AE0 585 780000 PRN SOLE 780000 HEALTH CARE REIT INC CV 3% 12 CNV 42217KAR7 27547 25429000 PRN SOLE 25429000 INTERNATIONAL COAL CV 4% 0401 CNV 45928HAG1 3056 2000000 PRN SOLE 2000000 INTL GAME CV SR UNSEC 3.25% 0 CNV 459902AQ5 1739 1500000 PRN SOLE 1500000 JEFFERIES GROUP IN CV 3.875% CNV 472319AG7 1050 1000000 PRN SOLE 1000000 KINROSS GOLD CV SR NTS 1.75% CNV 496902AD9 36841 35674000 PRN SOLE 35674000 LIBERTY MEDIA CO CV DEB 3.75% CNV 530715AL5 45526 82961000 PRN SOLE 82961000 LIBERTY MEDIA CORP CV DEB 4% 1 CNV 530715AG6 11711 20550000 PRN SOLE 20550000 LINCARE HOL CV SR UNSEC 2.75% CNV 532791AF7 58950 54100000 PRN SOLE 54100000 LINEAR TECHNOL CV SR UNSUB 3% CNV 535678AC0 44554 41960000 PRN SOLE 41960000 MASSEY ENER CV COGUARNT 3.25% CNV 576203AJ2 11174 11394000 PRN SOLE 11394000 MF GLOBAL HLDGS LTD CV 9% 062 CNV 55276YAB2 11442 9500000 PRN SOLE 9500000 MGIC INVESTMENT CORP CV 5% 05 CNV 552848AD5 580 500000 PRN SOLE 500000 MICROCHIP TE CV JR SUB 2.125% CNV 595017AB0 307 250000 PRN SOLE 250000 MICRON TEC CV SR UNSEC 1.875% CNV 595112AH6 15058 16000000 PRN SOLE 16000000 MOLINA HEALTH CV SR NTS 3.75% CNV 60855RAA8 17686 17750000 PRN SOLE 17750000 NETAPP INC CV SR UNSEC 1.75% 0 CNV 64110DAB0 11083 6225000 PRN SOLE 6225000 NEWMONT MI CV COGUARNT 1.625% CNV 651639AJ5 56783 39029000 PRN SOLE 39029000 NII HOLDIN CV SR UNSEC 3.125% CNV 62913FAJ1 245 250000 PRN SOLE 250000 NORTHGATE MINERALS C CV 3.5% CNV 666416AB8 24243 22750000 PRN SOLE 22750000 NUANCE COMMUNICATIO CV 2.75% CNV 67020YAB6 5057 4328000 PRN SOLE 4328000 OLD REPUBLIC INT CV SR NTS 8% CNV 680223AF1 29877 23538000 PRN SOLE 23538000 ONYX PHARMACEUTI CV SR NTS 4% CNV 683399AB5 20494 17150000 PRN SOLE 17150000 PMC SIERRA INC CV 2.25% 101525 CNV 69344FAD8 7197 6085000 PRN SOLE 6085000 PMI GROUP INC CV 4.5% 041520 CNV 69344MAK7 40845 49074000 PRN SOLE 49074000 RADIAN GROUP INC CV 3% 111517 CNV 750236AK7 11532 11825000 PRN SOLE 11825000 RAMBUS INC CV SR UNSEC 5% 0615 CNV 750917AC0 58877 45050000 PRN SOLE 45050000 REGIS CORP CV SR UNSEC 5% 0715 CNV 758932AA5 4836 3784000 PRN SOLE 3784000 SANDISK CORP CV 1.5% 081517 R CNV 80004CAD3 57769 51000000 PRN SOLE 51000000 SVB FINANCIAL GROU CV 3.875% CNV 78486QAB7 10771 10048000 PRN SOLE 10048000 SYMANTEC CORP CV SR NTS 0.75% CNV 871503AD0 259 250000 PRN SOLE 250000 SYMANTEC CORP CV SR UNSEC 1% 0 CNV 871503AF5 284 250000 PRN SOLE 250000 TAKE-TWO INT CV SR NTS 4.375% CNV 874054AA7 5104 3793000 PRN SOLE 3793000 TELEFLEX INC CV 3.875% 080117 CNV 879369AA4 3157 3000000 PRN SOLE 3000000 TEXTRON INC CV SR UNSEC 4.5% 0 CNV 883203BN0 5915 3112000 PRN SOLE 3112000 US BANCORP CV SR UNSEC 0% 0920 CNV 902973AQ9 13492 13679000 PRN SOLE 13679000 VERISIGN INC CV SUB 3.25% 0815 CNV 92343EAD4 670 600000 PRN SOLE 600000 VIRGIN MEDIA INC CV 6.5% 1115 CNV 92769LAB7 132916 80191000 PRN SOLE 80191000 VIROPHARMA INC CV SR NTS 2% 03 CNV 928241AH1 6570 5856000 PRN SOLE 5856000 WESCO INTERNATIONA CV 6% 2029 CNV 95082PAH8 57726 28143000 PRN SOLE 28143000 WEST PHARMACEUTICAL SR CV 4% CNV 955306AA3 30153 33058000 PRN SOLE 33058000 WILSON GREAT CV SUB DEB 2.25% CNV 39153LAB2 1304 1350000 PRN SOLE 1350000 WRIGHT MEDIC CV SR NTS 2.625% CNV 98235TAA5 1551 1650000 PRN SOLE 1650000 XILINX CV JR SUB DEBS 3.125% CNV 983919AD3 260 250000 PRN SOLE 250000 FORD MOTOR CO WAR 9.200 010113 WAR 345370134 1884 233349 SH CALL SOLE 233349