Tenor Capital Management

Tenor Capital Management as of Sept. 30, 2011

Portfolio Holdings for Tenor Capital Management

Tenor Capital Management holds 49 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
Virgin Media Inc note 6.500%11/1 13.8 $142M 93M 1.53
Cephalon Inc note 2.000% 6/0 12.5 $128M 73M 1.76
Kinross Gold Corp note 1.750% 3/1 7.8 $81M 81M 0.99
L-3 Communications Corp debt 3.000% 8/0 5.7 $59M 61M 0.96
Sesi L L C frnt 1.500%12/1 4.8 $49M 49M 1.00
Advanced Micro Devices Inc note 5.750% 8/1 4.4 $45M 44M 1.02
Hologic Inc frnt 2.000%12/1 4.1 $42M 44M 0.95
Amgen Inc note 0.375% 2/0 3.7 $38M 39M 0.98
Best Buy Inc sdcv 2.250% 1/1 3.7 $38M 38M 1.00
Equinix Inc note 2.500% 4/1 3.5 $36M 35M 1.03
Newport Corp note 2.500% 2/1 3.4 $35M 35M 1.01
Netapp Inc note 1.750% 6/0 2.7 $28M 23M 1.22
Notes 2.6 $27M 13M 2.06
Covanta Holding Conv conv bnd 2.5 $26M 24M 1.10
Golden Star Res Ltd Cda dbcv 4.000%11/3 2.4 $25M 25M 0.99
Lucent Technologies Inc dbcv 2.875% 6/1 2.0 $20M 21M 0.94
Medtronic Inc note 1.625% 4/1 1.7 $18M 18M 1.01
Lucent Technologies Inc dbcv 2.750% 6/1 1.5 $16M 19M 0.85
Earthlink Inc note 3.250%11/1 1.4 $15M 14M 1.01
Mylan Inc note 3.750% 9/1 1.4 $15M 10M 1.45
Fti Consulting Inc bond 1.3 $14M 11M 1.23
Interpublic Group Cos Inc note 4.250% 3/1 1.2 $12M 12M 1.01
Rambus Inc Del note 5.000% 6/1 1.1 $11M 9.9M 1.12
Iconix Brand Group Inc note 1.875% 6/3 1.0 $10M 10M 0.99
Quicksilver Resources Inc dbcv 1.875%11/0 1.0 $10M 10M 1.01
Cal Dive Intl Inc note 3.250%12/1 0.9 $9.2M 9.2M 1.00
Jetblue Airways Corp dbcv 6.750%10/1 0.9 $9.2M 7.8M 1.17
On Semiconductor Corp note 4/1 0.8 $8.7M 8.6M 1.01
Incyte Corp note 4.750%10/0 0.8 $8.1M 4.5M 1.80
Trina Solar Limited note 4.000% 7/1 0.8 $8.0M 13M 0.63
Chesapeake Energy Corp note 2.500% 5/1 0.8 $8.0M 8.5M 0.94
Advanced Micro Devices Inc note 6.000% 5/0 0.7 $7.3M 7.2M 1.01
Liberty Media 3.750 2/15/30 deb 3.750% 0.7 $7.3M 13M 0.55
Vale Cap Ii valep 6.75%12 0.7 $6.8M 100k 67.62
Barrett Bill Corp note 5.000% 3/1 0.5 $5.3M 5.3M 1.01
Tech Data Corp dbcv 2.750%12/1 0.3 $3.0M 3.0M 1.01
Arris Group Inc note 2.000%11/1 0.2 $2.0M 2.0M 1.02
Stillwater Mng Co note 1.875% 3/1 0.2 $1.9M 2.0M 0.93
General Motors Company (GM) 0.1 $1.1M 55k 20.19
Jds Uniphase Corp note 1.000% 5/1 0.1 $970k 1.0M 0.97
Valeant Pharmaceuticals Int 0.1 $583k 16k 37.13
ATP Oil & Gas Corporation 0.1 $555k 72k 7.71
Newport Corporation 0.0 $409k 38k 10.82
Trina Solar 0.0 $426k 70k 6.09
General Mtrs Co *w exp 07/10/201 0.0 $374k 32k 11.65
Saks Incorporated 0.0 $335k 38k 8.75
JinkoSolar Holding (JKS) 0.0 $325k 67k 4.85
General Mtrs Co *w exp 07/10/201 0.0 $256k 32k 7.95
Cereplast (CERP) 0.0 $56k 20k 2.79