Grace Brothers Management

Grace Brothers Management as of March 31, 2012

Portfolio Holdings for Grace Brothers Management

Grace Brothers Management holds 44 positions in its portfolio as reported in the March 2012 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
United Rentals Inc note 4.000%11/1 6.7 $7.8M 2.0M 3.90
E M C Corp Mass note 1.750%12/0 5.7 $6.6M 3.5M 1.88
CUBIST PHARM CONVERTIBLE security 4.5 $5.2M 3.3M 1.60
Western Refng Inc note 5.750% 6/1 4.1 $4.7M 2.5M 1.89
Alliance Data Systems Corp note 1.750% 8/0 3.5 $4.1M 2.5M 1.62
Biomarin Pharmaceutical Inc note 1.875% 4/2 3.4 $4.0M 2.3M 1.78
Alcoa Inc debt 3.2 $3.8M 2.3M 1.67
Terex Corp New note 4.000% 6/0 3.1 $3.6M 2.3M 1.58
Endo Pharmaceuticals Hldgs I note 1.750% 4/1 3.0 $3.6M 2.5M 1.42
Viropharma Inc note 2.000% 3/1 3.0 $3.4M 2.0M 1.72
Coinstar Inc note 4.000% 9/0 2.9 $3.4M 2.0M 1.69
Holdings Inc Note 5.25 2.9 $3.4M 1.8M 1.93
Cadence Design Sys Cvt 2.625 6 convert 2.9 $3.3M 2.0M 1.66
Ual Corp note 6.000%10/1 2.8 $3.2M 1.3M 2.58
Netapp Inc note 1.750% 6/0 2.6 $3.0M 2.1M 1.45
Equinix Inc note 3.000%10/1 2.6 $3.0M 2.0M 1.50
Nuance Communications Inc dbcv 2.750% 8/1 2.5 $2.9M 2.0M 1.46
Sba Communications Corp note 4.000%10/0 2.4 $2.8M 1.6M 1.76
Mylan Inc note 3.750% 9/1 2.4 $2.8M 1.5M 1.87
Gilead Sciences conv 2.2 $2.6M 2.0M 1.28
Caci Intl Inc note 2.125% 5/0 2.1 $2.5M 2.0M 1.24
Chart Industries 2% conv 2.0 $2.4M 2.0M 1.19
Virgin Media Inc note 6.500%11/1 2.0 $2.3M 1.5M 1.54
Sonic Automotive Inc note 5.000% 10/0 2.0 $2.3M 1.5M 1.52
Micron Technology Inc Mu Cvt 1 convert 1.9 $2.2M 2.3M 0.99
Group 1 Automotive Inc frnt 2.250% 6/1 1.9 $2.2M 2.0M 1.11
Metlife Inc 5% 10/0/14 Conv Pr cv prf 1.8 $2.1M 30k 70.73
General Cable Corp Del New frnt 4.500% 11/1 1.8 $2.1M 2.0M 1.05
Salix Pharmaceuticals Inc note 2.750% 5/1 1.7 $2.0M 1.5M 1.34
Newmont Mining Corp Cvt cv bnd 1.7 $2.0M 1.5M 1.32
D R Horton Inc note 2.000% 5/1 1.7 $2.0M 1.5M 1.30
Agco Corp debt 1.6 $1.9M 1.5M 1.28
Energy Xxi Bermuda Ltd conv prf 1.6 $1.9M 5.0k 380.00
Ppl Corporation 8.75% pfd cv 1.6 $1.9M 35k 53.74
Tyson Foods Inc note 3.250%10/1 1.6 $1.8M 1.5M 1.23
Health Care Reit Pfd I 6.5% 1.5 $1.7M 32k 52.28
Omnicare Cap Tr Ii pfd b tr 4.00% 1.2 $1.4M 30k 47.48
Intel Corporation (INTC) 1.0 $1.2M 42k 28.12
PowerShares QQQ Trust, Series 1 0.9 $1.0M 15k 67.53
Trw Automotive 3.5% 12/01/15 conv 0.8 $875k 500k 1.75
General Mtrs Co *w exp 07/10/201 0.4 $433k 39k 11.19
Dryships Inc. note 5.000%12/0 0.4 $420k 500k 0.84
Cisco Systems (CSCO) 0.4 $423k 20k 21.15
Ford Mtr Co Del *w exp 01/01/201 0.2 $181k 52k 3.48