Waterstone Capital Management

Waterstone Capital Management as of Dec. 31, 2012

Portfolio Holdings for Waterstone Capital Management

Waterstone Capital Management holds 38 positions in its portfolio as reported in the December 2012 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Verisign Inc sdcv 3.250% 8/1 14.5 $220M 173M 1.27
Microchip Technology Inc sdcv 2.125%12/1 11.2 $169M 133M 1.27
Netapp Inc note 1.750% 6/0 7.8 $118M 105M 1.13
Advanced Micro Devices Inc note 6.000% 5/0 7.4 $113M 120M 0.94
Xilinx Inc sdcv 3.125% 3/1 5.7 $86M 68M 1.28
Cobalt Intl Energy Inc note 5.7 $86M 85M 1.01
Chesapeake Energy Corp note 2.500% 5/1 5.7 $86M 96M 0.89
Exterran Hldgs Inc note 4.250% 6/1 5.3 $80M 70M 1.15
Lucent Technologies Inc dbcv 2.875% 6/1 4.6 $69M 69M 1.01
New York Cmnty Cap Tr V unit 99/99/9999 (NYCB.PU) 3.6 $55M 1.1M 49.38
Air Lease Corp (AL) 2.9 $44M 2.0M 21.50
Dendreon Corp note 2.7 $41M 54M 0.75
General Motors Company (GM) 2.6 $40M 1.4M 28.83
priceline.com Incorporated 2.5 $37M 60k 620.39
State Street Bank Financial 2.3 $34M 2.2M 15.88
Aspen Insurance Holdings Ltd pfd prp inc eq 2.0 $31M 523k 59.23
Boston Scientific Corporation (BSX) 1.9 $29M 5.0M 5.73
Potash Corp. Of Saskatchewan I 1.3 $20M 500k 40.69
Hologic (HOLX) 1.0 $15M 752k 20.01
Standard Pacific 0.9 $14M 1.9M 7.35
Freeport-McMoRan Copper & Gold (FCX) 0.9 $14M 400k 34.20
Synovus Finl Corp unit 99/99/9999 0.8 $12M 558k 22.01
Fnb United 0.8 $12M 1.1M 11.60
Cobalt Intl Energy 0.7 $10M 425k 24.56
Forest Laboratories 0.7 $9.9M 280k 35.32
United Cmnty Bks Ga Cap Stk (UCBI) 0.6 $9.7M 1.0M 9.44
Zions Bancorporation *w exp 05/22/202 0.6 $9.2M 3.3M 2.79
Energy Xxi 0.6 $8.9M 277k 32.17
CareFusion Corporation 0.6 $8.6M 300k 28.58
Lam Research Corporation (LRCX) 0.4 $6.1M 168k 36.13
Ciena Corporation (CIEN) 0.4 $5.6M 358k 15.70
Walter Invt Mgmt Corp note 0.3 $5.4M 5.0M 1.07
Cumulus Media 0.3 $5.1M 1.9M 2.67
Micron Technology (MU) 0.2 $3.8M 595k 6.34
Genworth Financial (GNW) 0.2 $3.6M 475k 7.51
Doral Financial 0.1 $2.2M 3.1M 0.72
Spansion 0.1 $1.7M 122k 13.91
Two Hbrs Invt Corp *w exp 07/13/201 0.1 $1.6M 2.4M 0.66