Loeb Arbitrage Management

Loeb Arbitrage Management as of June 30, 2011

Portfolio Holdings for Loeb Arbitrage Management

Loeb Arbitrage Management holds 116 positions in its portfolio as reported in the June 2011 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Ralcorp Holdings 4.1 $11M 121k 86.58
Cephalon 3.1 $7.8M 98k 79.90
Global Eagle Acquisition Cor unit 99/99/9999 2.6 $6.7M 660k 10.13
Ca 2.5 $6.3M 274k 22.84
Pfizer (PFE) 2.3 $5.9M 289k 20.60
Loral Space & Communications 2.3 $5.8M 83k 69.47
BJ's Wholesale Club 2.2 $5.5M 110k 50.36
Varian Semiconductor 2.1 $5.4M 87k 61.44
NYSE Euronext 2.1 $5.3M 154k 34.27
Cit 2.0 $5.2M 118k 44.26
Warner Music 2.0 $5.2M 636k 8.22
Blackboard 2.0 $5.2M 120k 43.39
ITT Corporation 2.0 $5.1M 86k 58.93
Comtech Telecomm (CMTL) 2.0 $5.0M 178k 28.04
Anadarko Petroleum Corporation 1.8 $4.6M 60k 76.77
Bucyrus International 1.8 $4.6M 50k 91.66
Kendle International 1.8 $4.5M 301k 15.08
Dollar Thrifty Automotive 1.6 $4.2M 57k 73.73
Graham Packaging Company 1.6 $4.1M 165k 25.22
Cubist Pharmaceuticals 1.6 $4.1M 113k 35.99
Apple (AAPL) 1.6 $4.0M 12k 335.63
Wells Fargo & Company Non-cum Perpet cnv (WFC.PL) 1.6 $4.0M 3.8k 1059.47
Hypercom Corporation (HYC) 1.6 $4.0M 406k 9.83
Constellation Energy 1.5 $3.9M 103k 37.96
Australia Acquisition Corp 1.5 $3.8M 393k 9.70
Nicor 1.4 $3.6M 66k 54.75
Novellus Systems 1.4 $3.5M 98k 36.14
Spdr S&p 500 Etf (SPY) 1.4 $3.4M 26k 131.97
Frontier Oil Corporation 1.3 $3.2M 100k 32.31
Univeral Business Pmt Sol Ac unit 99/99/9999 1.2 $3.1M 515k 6.00
Cymer 1.2 $3.0M 61k 49.50
Pennichuck Corporation (PNNW) 1.1 $2.9M 102k 28.75
California Pizza Kitchen 1.1 $2.9M 154k 18.47
Advanced Analogic Technologies In 1.1 $2.8M 460k 6.06
Sara Lee 1.1 $2.8M 145k 18.99
Marshall & Ilsley Corporation 1.0 $2.6M 332k 7.97
Skilled Healthcare 1.0 $2.6M 278k 9.46
SRA International 1.0 $2.5M 82k 30.92
Build-A-Bear Workshop (BBW) 0.9 $2.4M 364k 6.51
MediaMind Technologies (MDMD) 0.9 $2.3M 107k 21.94
Solitario Expl & Rty Corp (XPL) 0.9 $2.3M 809k 2.85
Gen-Probe Incorporated 0.8 $2.1M 31k 69.17
Dean Foods Company 0.8 $2.1M 174k 12.27
CVR Energy (CVI) 0.8 $2.1M 85k 24.62
Southern Union Company 0.8 $2.1M 51k 40.14
Ness Technologies 0.8 $2.0M 271k 7.57
Lawson Software 0.8 $2.0M 175k 11.22
TGC Industries 0.8 $2.0M 306k 6.39
GS Financial (GSLA) 0.8 $1.9M 93k 20.80
National Semiconductor Corporation 0.8 $1.9M 78k 24.61
Telvent Git Alcobendas Com Stk 0.7 $1.9M 47k 39.81
Vanda Pharmaceuticals (VNDA) 0.7 $1.8M 258k 7.14
Sterling Bancshares 0.7 $1.8M 225k 8.16
Temple-Inland 0.7 $1.8M 62k 29.74
Gerber Scientific 0.7 $1.8M 165k 11.13
Prime Acquisition Corp 0.7 $1.8M 190k 9.44
Nasdaq Omx (NDAQ) 0.7 $1.8M 69k 25.30
Lubrizol Corporation 0.7 $1.7M 13k 134.28
Cloud Peak Energy 0.7 $1.7M 81k 21.30
Nobel Learning Communities (NLCI) 0.7 $1.7M 143k 11.55
Zoran Corporation 0.6 $1.6M 185k 8.40
Continucare Corporation 0.6 $1.5M 250k 6.18
Patriot Coal Corp 0.6 $1.6M 70k 22.26
Verint Systems (VRNT) 0.6 $1.5M 41k 37.04
Penn Millers Holding Corporation 0.6 $1.4M 86k 16.91
WPCS International Incorporated (WPCS) 0.6 $1.4M 470k 2.98
Bancorp Rhode Island (BARI) 0.5 $1.3M 29k 45.32
Tyco International Ltd S hs 0.5 $1.3M 26k 49.43
Savvis 0.5 $1.2M 31k 39.53
Semgroup Corp cl a 0.5 $1.2M 46k 25.68
Fundtech 0.5 $1.1M 57k 19.96
Timberland Company 0.4 $1.1M 26k 42.95
A.C. Moore Arts & Crafts 0.4 $1.1M 426k 2.50
Shamir Optical Industry 0.4 $1.1M 75k 14.19
Barnes & Noble 0.4 $1.0M 62k 16.57
Smart Modular Technologies 0.4 $1.0M 110k 9.16
Vical Incorporated 0.4 $1.0M 246k 4.12
Sanofi Aventis Wi Conval Rt 0.4 $1.0M 415k 2.41
Las Vegas Sands (LVS) 0.4 $910k 22k 42.22
Primedia 0.4 $906k 129k 7.05
Parkvale Financial (PVSA) 0.4 $925k 43k 21.51
Cheniere Energy Inc note 2.250% 8/0 0.3 $880k 1.0M 0.88
Airgas 0.3 $886k 13k 70.02
Pulse Electronics 0.3 $858k 194k 4.42
Harvest Natural Resources 0.3 $850k 77k 11.03
Industries N shs - a - (LYB) 0.3 $809k 21k 38.52
Crude Carriers Corp 0.3 $817k 61k 13.45
Crexus Investment 0.3 $797k 72k 11.11
Gold Reserve 0.3 $753k 298k 2.53
Transatlantic Holdings 0.3 $735k 15k 49.00
Tower Ban 0.3 $688k 25k 27.41
Synovus Financial 0.2 $633k 304k 2.08
Global Crossing 0.2 $611k 16k 38.38
Conmed Healthcare Management (CONM) 0.2 $602k 165k 3.65
RCM Technologies (RCMT) 0.2 $584k 109k 5.35
Morton's Restaurant 0.2 $575k 79k 7.25
Reis 0.2 $597k 60k 9.93
AUSTRALIA ACQUISITION Corp *w Exp99/99/999 warrant 0.2 $539k 1.1M 0.48
99 Cents Only Stores 0.2 $520k 26k 20.24
Cazador Acquisition Corporat 0.2 $412k 43k 9.69
Legacy Ban (LEGC) 0.1 $381k 28k 13.78
EXCO Resources 0.1 $363k 21k 17.65
McCormick & Schmick's Seafood Restaurant (MSSR) 0.1 $353k 41k 8.59
iStar Financial 0.1 $324k 40k 8.10
Herald National Bank (HNB) 0.1 $338k 86k 3.95
Cazador Acquisition Corporat *w exp 99/99/999 0.1 $332k 829k 0.40
Repligen Corporation (RGEN) 0.1 $303k 83k 3.64
Ats 0.1 $265k 60k 4.39
Maxygen 0.1 $197k 36k 5.48
Servidyne 0.1 $188k 55k 3.39
Northrop Grumman Corporation (NOC) 0.1 $135k 18k 7.50
Prime Acquisition Corp *w exp 99/99/999 0.1 $118k 200k 0.59
Citigroup (C) 0.0 $112k 1.4M 0.08
SeraCare Life Sciences 0.0 $70k 19k 3.76
iShares MSCI Japan Index 0.0 $35k 879k 0.04
Cryptologic 0.0 $37k 25k 1.49