Latest statistics and disclosures from Diamond Notch Asset Management's latest quarterly 13F-HR filing:

• Top 5 stock holdings are Usec Inc note 3.000%10/0, Quicksilver Resources Inc dbcv 1.875%11/0, KBH, ACUZ, KWK. These five stock positions account for 100.00% of Diamond Notch Asset Management's total stock portfolio.
• Added to shares of KWK.
• Started new stock positions in KWK.
• Reduced shares in these stocks: SPY (-$131.97M), Best Buy Inc sdcv 2.250% 1/1 (-$13.77M), Saks Inc note 2.000% 3/1 (-$10.60M), L-3 Communications Corp debt 3.000% 8/0 (-$10.30M), Navistar Intl Corp New note 3.000%10/1 (-$9.50M), Metlife Inc 5% 10/0/14 Conv Pr cv prf (-$8.23M), Ppl Corporation 8.75% pfd cv (-$8.22M), Quicksilver Resources Inc dbcv 1.875%11/0 (-$7.39M), Medicis Pharmaceutical Corp note 2.500% 6/0 (-$6.75M), Dendreon Corp note (-$6.42M).
• Sold out of its positions in Agrium, Best Buy Inc sdcv 2.250% 1/1, Dendreon Corp note, L-3 Communications Corp debt 3.000% 8/0, Lincare Hldgs 2.75% 11/37 note, Medicis Pharmaceutical Corp note 2.500% 6/0, Metlife Inc 5% 10/0/14 Conv Pr cv prf, Navistar Intl Corp New note 3.000%10/1, Ppl Corporation 8.75% pfd cv, SPY, Saks Inc note 2.000% 3/1, Smithfield Foods Inc note 4.000% 6/3, UIS.
• As of Sept. 30, 2011, Diamond Notch Asset Management has $15.13M in assets under management (AUM). Assets under management dropped from a total value of $258.44M to $15.13M.
• Independent of market fluctuations, Diamond Notch Asset Management was a net seller by $235.94M worth of stocks in the most recent quarter.