Steelhead Partners

Steelhead Partners as of Sept. 30, 2011

Portfolio Holdings for Steelhead Partners

Steelhead Partners holds 67 positions in its portfolio as reported in the September 2011 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
iShares Russell 2000 Index (IWM) 19.4 $322M 5.0M 64.30
Microsoft Corporation (MSFT) 8.9 $148M 5.9M 24.89
AbitibiBowater 8.8 $146M 9.7M 15.00
PowerShares QQQ Trust, Series 1 7.6 $126M 2.4M 52.49
Alpha Natural Resources 3.9 $65M 3.7M 17.69
Level 3 Communications Inc note 6.500%10/0 3.4 $55M 39M 1.42
General Motors Company (GM) 2.4 $40M 2.0M 20.18
Sandisk Corp note 1.000% 5/1 2.1 $35M 37M 0.97
Gold Resv Inc note 5.500% 6/1 2.1 $35M 42M 0.84
Euronet Worldwide Inc note 3.500%10/1 1.9 $32M 32M 0.99
Micron Technology Inc note 1.875% 6/0 1.9 $31M 33M 0.94
Advanced Micro Devices Inc note 6.000% 5/0 1.7 $28M 29M 0.98
Level 3 Communications Inc note 1.7 $28M 24M 1.19
Level 3 Communications conv 1.7 $28M 22M 1.28
Gold Reserve 1.7 $28M 12M 2.37
James River Coal Company 1.6 $26M 4.1M 6.37
Hologic Inc frnt 2.000%12/1 1.6 $26M 28M 0.94
Netapp Inc note 1.750% 6/0 1.6 $26M 21M 1.22
C&j Energy Services 1.5 $25M 1.5M 16.44
Endeavour International C 1.5 $25M 3.1M 7.98
Finisar Corp note 5.000%10/1 1.5 $24M 13M 1.90
Fei Co note 2.875% 6/0 1.4 $23M 19M 1.19
Scorpio Tankers 1.3 $22M 4.1M 5.28
Best Buy Inc sdcv 2.250% 1/1 1.3 $21M 21M 1.00
TAKE-TWO INTER CONVERTIBLE security 1.2 $20M 15M 1.37
Jetblue Airways Corp dbcv 6.750%10/1 1.2 $19M 17M 1.17
ArcelorMittal 1.1 $19M 1.2M 15.91
Global Crossing 1.1 $18M 745k 23.91
Level 3 Communications Inc note 3.500% 6/1 1.0 $17M 17M 0.99
Icahn Enterprises Lp conv bnd 1.0 $17M 18M 0.93
Lucent Technologies Inc dbcv 2.750% 6/1 1.0 $17M 20M 0.84
On Semiconductor Corp note 4/1 1.0 $16M 16M 1.01
Rovi Corp conv 1.0 $16M 14M 1.16
Charter Communications 0.9 $15M 321k 46.84
Lucent Technologies Inc dbcv 2.875% 6/1 0.8 $13M 14M 0.92
Live Nation Entertainment In note 2.875% 7/1 0.7 $11M 12M 0.90
Pendrell Corp 0.6 $11M 4.7M 2.25
Calpine Corporation 0.6 $9.4M 665k 14.08
RF MICRO DEVICE CONVERTIBLE security 0.5 $9.0M 8.4M 1.07
Sonde Resources 0.5 $7.9M 3.4M 2.29
Vantage Drilling Company ord (VTGDF) 0.4 $6.7M 5.4M 1.25
Advanced Micro Devices Inc note 5.750% 8/1 0.4 $6.2M 6.1M 1.01
Cadence Design Sys Inc 1.5 12- convert 0.4 $6.1M 6.3M 0.96
Rackspace Hosting 0.3 $5.1M 150k 34.14
Smith & Wesson Holding Corporation 0.3 $4.9M 1.9M 2.52
Nuvasive Inc note 2.250% 3/1 0.3 $4.9M 5.0M 0.97
Unisys Corp 6.25% Cv Pfd A cvp 0.3 $4.3M 80k 53.15
Arch Coal 0.2 $3.9M 269k 14.58
Cray 0.2 $3.3M 615k 5.31
Jetblue Airways Corp dbcv 6.750%10/1 0.2 $3.0M 2.6M 1.14
Level 3 Communications 0.1 $1.6M 1.1M 1.49
Charming Shoppes Inc note 1.125% 5/0 0.1 $1.4M 1.6M 0.86
Vonage Holdings 0.1 $1.6M 600k 2.60
tw tele 0.0 $479k 29k 16.52
Progressive Corporation (PGR) 0.0 $311k 18k 17.77
Peabody Energy Corporation 0.0 $339k 10k 33.90
JetBlue Airways Corporation (JBLU) 0.0 $266k 65k 4.09
SandRidge Energy 0.0 $307k 55k 5.56
Teekay Shipping Marshall Isl (TK) 0.0 $271k 12k 22.58
CONSOL Energy 0.0 $251k 7.4k 33.92
Nexen 0.0 $294k 19k 15.47
Seaspan Corp 0.0 $315k 28k 11.45
Transocean Inc note 1.500%12/1 0.0 $240k 4.0M 0.06
Transocean (RIG) 0.0 $239k 5.0k 47.80
Lockheed Martin Corporation (LMT) 0.0 $218k 3.0k 72.67
Paragon Shipping 0.0 $107k 135k 0.79
Globalstar (GSAT) 0.0 $74k 180k 0.41