Waterstone Capital Management

Waterstone Capital Management as of Sept. 30, 2012

Portfolio Holdings for Waterstone Capital Management

Waterstone Capital Management holds 37 positions in its portfolio as reported in the September 2012 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Verisign Inc sdcv 3.250% 8/1 14.0 $202M 132M 1.53
Microchip Technology Inc sdcv 2.125%12/1 11.5 $166M 132M 1.26
Advanced Micro Devices Inc note 6.000% 5/0 8.6 $123M 121M 1.02
Chesapeake Energy Corp note 2.500% 5/1 7.2 $103M 116M 0.89
Netapp Inc note 1.750% 6/0 6.1 $88M 77M 1.14
Xilinx Inc sdcv 3.125% 3/1 5.6 $80M 67M 1.20
Lucent Technologies Inc dbcv 2.875% 6/1 5.4 $77M 79M 0.98
Exterran Hldgs Inc note 4.250% 6/1 5.3 $77M 67M 1.14
New York Cmnty Cap Tr V unit 99/99/9999 (NYCB.PU) 3.9 $56M 1.1M 49.94
Novellus Systems, Inc. note 2.625% 5/1 3.1 $45M 41M 1.11
Spdr S&p 500 Etf (SPY) 2.9 $42M 294k 143.97
Air Lease Corp (AL) 2.9 $42M 2.1M 20.40
Aspen Insurance Holdings Ltd pfd prp inc eq 2.7 $39M 683k 57.63
State Street Bank Financial 2.5 $36M 2.2M 16.49
Dendreon Corp note 2.5 $36M 53M 0.67
priceline.com Incorporated 2.3 $34M 55k 619.07
General Motors Company (GM) 2.3 $33M 1.4M 22.75
Boston Scientific Corporation (BSX) 1.8 $26M 4.6M 5.74
Potash Corp. Of Saskatchewan I 1.5 $22M 500k 43.42
Freeport-McMoRan Copper & Gold (FCX) 1.1 $16M 400k 39.58
United Cmnty Bks Ga Cap Stk (UCBI) 1.0 $15M 1.7M 8.39
Fnb United 0.9 $13M 1.1M 11.88
Zions Bancorporation *w exp 05/22/202 0.8 $11M 3.3M 3.47
Hologic (HOLX) 0.6 $8.1M 399k 20.22
Energy Xxi 0.5 $7.7M 219k 34.96
Hanover Compressor Co note 4.750% 1/1 0.4 $6.2M 6.2M 1.01
Synovus Finl Corp unit 99/99/9999 0.4 $5.2M 245k 21.32
Cumulus Media 0.4 $5.2M 1.9M 2.74
Volcano Corporation 0.3 $5.0M 175k 28.57
Ciena Corporation (CIEN) 0.3 $4.9M 363k 13.59
Thoratec Corporation 0.3 $3.8M 109k 34.60
Micron Technology (MU) 0.3 $3.8M 635k 5.98
Genworth Financial (GNW) 0.2 $2.5M 475k 5.23
Doral Financial 0.2 $2.4M 2.5M 0.94
Clearwire Corporation 0.1 $1.0M 769k 1.34
Two Hbrs Invt Corp *w exp 07/13/201 0.1 $894k 951k 0.94
Tornier Nv 0.1 $919k 49k 18.96