Canal Insurance

Canal Insurance as of Dec. 31, 2011

Portfolio Holdings for Canal Insurance

Canal Insurance holds 98 positions in its portfolio as reported in the December 2011 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
International Business Machs 5.9 $15M 83k 183.88
Exxon Mobil Corp.................. 4.1 $11M 125k 84.76
Chevron Corp...................... 3.7 $9.5M 89k 106.40
Conocophillips...... 3.5 $9.1M 125k 72.87
Piedmont Natural Gas Company Inc...... 3.4 $8.7M 255k 33.98
Microsoft Corp........................ 3.3 $8.6M 330k 25.96
Bhp Billiton Ltd.................. 3.3 $8.5M 120k 70.63
United Technologies Corp.............. 3.3 $8.4M 115k 73.09
Ultrashort S&p 500 Proshares Etf...... 3.0 $7.7M 400k 19.29
Johnson & Johnson................. 2.5 $6.6M 100k 65.58
Lockheed Martin Corporation....... 2.5 $6.5M 80k 80.90
Raytheon Co........................... 2.5 $6.5M 134k 48.38
Anadarko Petroleum Corp........... 2.4 $6.1M 80k 76.32
Cisco Systems..................... 2.2 $5.8M 320k 18.08
Schlumberger Ltd...................... 2.1 $5.5M 81k 68.31
Williams Companies.................... 2.0 $5.3M 160k 33.02
Duke Energy Holding Corporation... 2.0 $5.2M 238k 22.00
Spectra Energy Corp................... 1.9 $4.8M 155k 30.75
Bristol Myers Squibb Co........... 1.8 $4.6M 132k 35.24
Pfizer Inc............................ 1.7 $4.5M 206k 21.64
Merck & Company New................... 1.6 $4.1M 110k 37.70
Newmont Mining Corp................... 1.6 $4.1M 68k 60.01
Bp Amoco P L C Adr................ 1.5 $3.9M 92k 42.74
Hewlett Packard Company........... 1.5 $3.9M 150k 25.76
Baxter International Inc.......... 1.4 $3.5M 70k 49.49
Home Depot Inc.................... 1.3 $3.4M 80k 42.04
Cenovus Energy Inc................ 1.3 $3.3M 100k 33.20
Emc Corp.......................... 1.3 $3.3M 152k 21.54
Northrop Grumman Corp................. 1.3 $3.3M 56k 58.48
Canadian Pacific Railway Ltd...... 1.2 $3.2M 48k 67.67
Becton Dickinson.................. 1.2 $3.0M 40k 74.72
Ceradyne Inc 2.875% Conv Corp Bd.. bond 1.1 $2.9M 2.9M 1.00
Scansource Inc........................ 1.1 $2.8M 79k 36.00
Transocean Inc 1.50% Conv Bd...... bond 1.1 $2.7M 2.8M 0.98
Global Payments Inc............... 1.0 $2.6M 54k 47.39
Cvs Caremark Corp................. 0.9 $2.4M 60k 40.78
Intel Corp........................ 0.9 $2.4M 100k 24.25
Mcdermott International Inc....... 0.9 $2.3M 200k 11.51
Amerigroup Corp 2.00% Conv Bond... bond 0.9 $2.3M 1.6M 1.42
Progress Energy Inc................... 0.9 $2.2M 40k 56.02
Bard-c R-inc...................... 0.9 $2.2M 26k 85.50
Scana Corp............................ 0.8 $2.1M 46k 45.07
Fluor Corp New.................... 0.8 $2.0M 40k 50.25
Jpmorgan Chase & Co............... 0.8 $2.0M 60k 33.25
Encana Corporation................ 0.7 $1.9M 100k 18.53
Dominion Resources Inc............ 0.7 $1.8M 35k 53.09
Apache Corp....................... 0.7 $1.8M 20k 90.60
Barrick Gold Corp................. 0.7 $1.8M 40k 45.25
Flowers Foods..................... 0.7 $1.7M 91k 18.98
Nuance Communic 2.75% Conv Bds.... bond 0.6 $1.5M 1.0M 1.46
Texas Instruments Inc................. 0.6 $1.5M 50k 29.12
Harris Corp....................... 0.6 $1.4M 40k 36.05
Leucadia Natl 3.75% Conv Corp Bd.. bond 0.5 $1.4M 1.2M 1.15
Campbell Soup Co.................. 0.5 $1.3M 40k 33.25
General Dynamics Corporation...... 0.5 $1.3M 20k 66.40
Trimble Navigations Ltd............... 0.5 $1.3M 30k 43.40
Babcock & Wilcox Co New........... 0.5 $1.2M 50k 24.14
Orbital Sciences Corp................. 0.5 $1.2M 84k 14.53
Medicis Phrm 2.50% Conv Corp Bd... bond 0.5 $1.2M 1.0M 1.18
Xerox Corporation..................... 0.5 $1.2M 150k 7.96
Covidien Ltd.......................... 0.4 $1.1M 25k 45.00
Vertex Pharm 3.35% Corp Bond...... bond 0.4 $1.1M 1.0M 1.05
Enersys 3.375% Convertible Bond... bond 0.4 $1.0M 1.0M 1.01
Dupont Denemours & Co............. 0.4 $961k 21k 45.76
Transocean Inc........................ 0.4 $921k 24k 38.39
Freeport Mcmoran Copper & Gold.... 0.3 $910k 25k 36.78
Thermo Fisher Scientific Inc.......... 0.3 $899k 20k 44.95
Covanta Holding 1.00% Conv Bd..... bond 0.3 $758k 750k 1.01
General Electric Co............... 0.3 $716k 40k 17.90
Monsanto Company...................... 0.3 $717k 10k 70.06
L-3 Communications Hldgs.......... 0.3 $667k 10k 66.70
Powershares Db Index Commodity Etf.... 0.3 $671k 25k 26.84
Vertex Pharmaceuticals................ 0.3 $664k 20k 33.20
Nabors Industries Ltd................. 0.2 $624k 36k 17.33
Abbott Laboratories............... 0.2 $562k 10k 56.20
Brocade Communications Systems.... 0.2 $519k 100k 5.19
Agl Resource Inc.................. 0.2 $473k 11k 42.23
Advanced Micro Devices Inc........ 0.2 $432k 80k 5.40
Lincoln National Corp............. 0.2 $441k 23k 19.40
At&t Inc.......................... 0.1 $302k 10k 30.20
Huntington Ingalls Industries..... 0.1 $290k 9.3k 31.23
Illinois Tool Works Inc........... 0.1 $280k 6.0k 46.67
Zimmer Holdings Inc................... 0.1 $267k 5.0k 53.40
Philip Morris International........... 0.1 $235k 3.0k 78.33
Aar Corp.......................... 0.1 $192k 10k 19.20
Altria Group Inc.................. 0.1 $178k 6.0k 29.67
Kraft Foods Inc................... 0.1 $190k 5.1k 37.43
Echo Global Logistics Inc......... 0.0 $111k 6.9k 16.09
General Electric Co 01/21/12 Calls.... call 0.0 $79k 40k 1.98
Nuance Communications Inc............. 0.0 $50k 2.0k 25.00
Cvs Caremark Corp 01/21/12 Calls...... call 0.0 $42k 30k 1.40
Home Depot Inc 01/21/12 Calls......... call 0.0 $62k 40k 1.55
Cisco Systems 01/21/2012 Calls........ call 0.0 $34k 40k 0.85
Exxon Mobil Corp 01/21/12 Calls....... call 0.0 $29k 20k 1.45
Intel Corp 01/21/12 Calls............. call 0.0 $32k 40k 0.80
Bhp Billiton Ltd 01/21/12 Calls....... call 0.0 $2.0k 40k 0.05
Brocade Communications 01/21/12 Calls. call 0.0 $11k 100k 0.11
Microsoft Corp 01/21/12 Calls......... call 0.0 $6.0k 40k 0.15