Steelhead Partners

Steelhead Partners as of March 31, 2012

Portfolio Holdings for Steelhead Partners

Steelhead Partners holds 74 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
AbitibiBowater 13.4 $182M 13M 14.28
Alpha Natural Resources 6.7 $90M 5.9M 15.21
Level 3 Communications 5.9 $79M 3.1M 25.73
Level 3 Communications Inc note 6.500%10/0 3.5 $47M 29M 1.60
Gold Reserve 3.4 $47M 12M 3.98
Gold Resv Inc note 5.500% 6/1 3.4 $46M 57M 0.81
Netapp Inc note 1.750% 6/0 3.2 $43M 30M 1.45
Endeavour International C 3.1 $42M 3.5M 11.85
Advanced Micro Devices Inc note 6.000% 5/0 2.6 $36M 34M 1.04
Euronet Worldwide Inc note 3.500%10/1 2.5 $34M 34M 1.00
Fei Co note 2.875% 6/0 2.5 $33M 19M 1.72
Iconix Brand Group Inc note 1.875% 6/3 2.4 $32M 32M 1.00
Pan American Silver Corp Can (PAAS) 2.3 $32M 1.4M 22.06
RF MICRO DEVICE CONVERTIBLE security 2.3 $32M 31M 1.01
Finisar Corp note 5.000%10/1 2.3 $31M 15M 2.11
Salix Pharmaceuticals Inc note 2.750% 5/1 2.3 $31M 23M 1.34
Icahn Enterprises Lp conv bnd 2.2 $30M 30M 1.00
Rambus Inc Del note 5.000% 6/1 2.2 $30M 30M 1.00
Jetblue Airways Corp dbcv 6.750%10/1 2.1 $28M 22M 1.28
Level 3 Communications Inc note 2.1 $28M 22M 1.31
Ixia note 2.0 $27M 26M 1.04
Hologic Inc frnt 2.000%12/1 1.9 $25M 25M 1.00
Lucent Technologies Inc dbcv 2.875% 6/1 1.7 $23M 23M 0.99
Digital River 2% 11/1/30 conv 1.6 $22M 23M 0.97
Live Nation Entertainment In note 2.875% 7/1 1.6 $22M 22M 0.96
TAKE-TWO INTER CONVERTIBLE security 1.6 $21M 14M 1.55
Volcano Corporation note 2.875% 9/0 1.4 $18M 16M 1.19
Pendrell Corp 1.4 $18M 7.0M 2.61
C&j Energy Services 1.3 $18M 997k 17.79
Providence Svc Corp note 6.500% 5/1 1.3 $17M 17M 1.00
Level 3 Communications conv 1.2 $16M 13M 1.23
James River Coal Company 1.0 $13M 2.6M 5.12
Advanced Micro Devices Inc note 5.750% 8/1 0.9 $13M 13M 1.01
Enzon Pharmaceuticals Inc bond 0.9 $13M 13M 1.03
Scorpio Tankers 0.9 $13M 1.8M 7.06
Smith & Wesson Holding Corporation 0.9 $13M 1.6M 7.75
ArcelorMittal 0.8 $12M 600k 19.13
Massey Energy Co note 3.250% 8/0 0.8 $11M 12M 0.90
PowerShares QQQ Trust, Series 1 0.7 $10M 4.7M 2.16
Vantage Drilling Company ord (VTGDF) 0.6 $8.6M 5.4M 1.60
Nuance Communications Inc dbcv 2.750% 8/1 0.5 $6.9M 4.7M 1.46
Mercer International (MERC) 0.5 $6.8M 853k 7.99
Sonde Resources 0.5 $6.6M 2.7M 2.45
General Motors Company (GM) 0.4 $5.4M 211k 25.65
Cray 0.4 $5.3M 729k 7.32
Unisys Corp 6.25% Cv Pfd A cvp 0.4 $4.9M 80k 61.69
Charming Shoppes Inc note 1.125% 5/0 0.3 $4.4M 4.6M 0.95
Vonage Holdings 0.3 $4.4M 2.0M 2.21
Silver Standard Res 0.2 $3.0M 200k 15.04
Jetblue Airways Corp dbcv 6.750%10/1 0.2 $2.9M 2.4M 1.23
Spdr S&p 500 Etf (SPY) 0.2 $2.7M 1.0M 2.66
Alpha Natural Resources Inc note 2.375% 4/1 0.2 $2.3M 2.5M 0.90
United Therapeutics conv 0.2 $2.3M 2.0M 1.16
iShares Russell 2000 Index (IWM) 0.1 $1.7M 1.7M 0.99
SPDR Dow Jones Industrial Average ETF (DIA) 0.1 $1.6M 3.0M 0.52
Photronics Inc note 5.500%10/0 0.1 $1.5M 950k 1.54
Calpine Corporation 0.1 $651k 38k 17.22
tw tele 0.1 $643k 29k 22.17
Sandisk Corp note 1.000% 5/1 0.0 $565k 565k 1.00
Microsoft Corporation (MSFT) 0.0 $602k 19k 32.26
CONSOL Energy 0.0 $533k 16k 34.13
Progressive Corporation (PGR) 0.0 $406k 18k 23.20
Peabody Energy Corporation 0.0 $409k 14k 28.98
SandRidge Energy 0.0 $432k 55k 7.83
Teekay Shipping Marshall Isl (TK) 0.0 $417k 12k 34.75
Nexen 0.0 $349k 19k 18.37
Arch Coal 0.0 $300k 28k 10.71
JetBlue Airways Corporation (JBLU) 0.0 $318k 65k 4.89
Lockheed Martin Corporation (LMT) 0.0 $270k 3.0k 90.00
Louisiana-Pacific Corporation (LPX) 0.0 $275k 500k 0.55
Seaspan Corp 0.0 $219k 13k 17.37
Jetblue Airways Corp dbcv 5.500%10/1 0.0 $255k 198k 1.29
Paragon Shipping 0.0 $111k 135k 0.82
Globalstar (GSAT) 0.0 $126k 180k 0.70