Dinsmore Capital Management

Dinsmore Capital Management as of Dec. 31, 2010

Portfolio Holdings for Dinsmore Capital Management

Dinsmore Capital Management holds 119 positions in its portfolio as reported in the December 2010 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Ford Mtr Co Cap Tr Ii pfd tr cv6.5% 2.3 $4.9M 95k 51.86
Nuance Communications Inc dbcv 2.750% 8/1 2.2 $4.7M 4.0M 1.18
E M C Corp Mass note 1.750%12/0 2.0 $4.2M 2.8M 1.51
Wells Fargo & Company Non-cum Perpet cnv (WFC.PL) 1.9 $4.0M 4.0k 1000.00
Old Rep Intl Corp note 8.000% 5/1 1.8 $3.8M 3.0M 1.28
Vale Cap Ii gtd cv 6.75%12 1.8 $3.7M 38k 96.51
Chesapeake Energy 5% Cv. Pfd. pfd cv 1.8 $3.7M 40k 92.50
Citigroup Inc unit 1.6 $3.5M 26k 136.08
Fifth Third Bancorp cnv pfd dep1/250 1.5 $3.2M 22k 147.08
Mylan Inc note 1.250% 3/1 1.5 $3.2M 3.0M 1.06
Titan Wheel cv 5.625% 1.5 $3.2M 1.5M 2.10
2009 Dole Food Aces Trust 7% 1 pfd cv 1.5 $3.1M 240k 13.03
Bank Of America Corporation preferred (BAC.PL) 1.4 $3.1M 3.2k 956.88
Equinix Inc note 3.000%10/1 1.4 $3.0M 3.0M 1.01
Apache Corp. 6% Mandatory Conv pfd cv 1.4 $3.0M 46k 66.00
Annaly Cap Mgmt Inc note 4.000% 2/1 1.4 $2.9M 2.5M 1.17
Great Plains Energy Eq. Units pfd cv 1.4 $2.9M 45k 63.78
Sunpower Corp dbcv 1.250% 2/1 1.4 $2.9M 3.0M 0.95
Teva Pharmaceutical Fin Co B note 1.750% 2/0 1.3 $2.8M 2.5M 1.10
Kinetic Concepts, Inc. Cv. Sr. conv 1.2 $2.7M 2.5M 1.06
New York Cmnty Cap Tr V unit 99/99/9999 (FLG.PU) 1.2 $2.6M 48k 53.46
Lsb Industries, Inc. Cv. Sr. S conv 1.2 $2.6M 2.5M 1.02
Anixter Intl Inc note 1.000% 2/1 1.2 $2.5M 2.3M 1.12
Intel Corp. Jr. Sub. Cv. Deb. conv 1.2 $2.5M 2.5M 1.00
Sonosite Inc note 3.750% 7/1 1.2 $2.5M 2.3M 1.10
Kaiser Aluminum Corp. Cv. Sr. conv 1.2 $2.5M 2.0M 1.23
Lexington Realty Trust Cv. Gua conv 1.2 $2.5M 2.0M 1.23
Ubs Mand. Exch. Note 6.75% 1.1 $2.4M 80k 29.80
Trina Solar Limited note 4.000% 7/1 1.1 $2.3M 1.5M 1.54
Cephalon Inc note 2.500% 5/0 1.1 $2.3M 2.0M 1.14
Sba Communications Corp note 1.875% 5/0 1.1 $2.3M 2.0M 1.13
Sandisk Corp note 1.500% 8/1 1.1 $2.3M 2.0M 1.13
Cemex, S.a.b. De C.v. Cv. Sub. conv 1.0 $2.2M 2.0M 1.10
Rovi Corp. Cv. Sr. Notes 144a conv 1.0 $2.2M 1.5M 1.45
General Mtrs Co jr pfd cnv srb 1.0 $2.2M 40k 54.10
Integra Lifesciences Holdings conv 1.0 $2.2M 2.1M 1.01
Verizon Communications (VZ) 1.0 $2.1M 60k 35.78
At&t (T) 1.0 $2.1M 70k 29.39
Oil Sts Intl Inc note 2.375% 7/0 1.0 $2.1M 1.0M 2.06
Digital River, Inc. Sr. Cv Not conv 1.0 $2.1M 2.1M 0.98
Ual Corp note 4.500% 6/3 1.0 $2.0M 2.0M 1.02
Alliant Techsystems Inc. Cv. S conv 1.0 $2.0M 2.0M 1.02
Lifepoint Hospitals Inc note 3.500% 5/1 0.9 $2.0M 2.0M 1.01
Owens-brockway Glass Container conv 0.9 $2.0M 2.0M 1.01
Amgen Inc note 0.375% 2/0 0.9 $2.0M 2.0M 1.00
Charles Riv Labs Intl Inc note 2.250% 6/1 0.9 $2.0M 2.0M 1.00
Endo Pharmaceuticals Hldgs I note 1.750% 4/1 0.9 $2.0M 1.5M 1.33
Euronet Worldwide Inc note 3.500%10/1 0.9 $2.0M 2.0M 0.99
Goodrich Pete Corp note 5.000%10/0 0.9 $2.0M 2.0M 0.98
Nii Hldgs Inc note 3.125% 6/1 0.9 $2.0M 2.0M 0.99
Crown Castle Int'l Corp. 6.25% pfd cv 0.9 $2.0M 32k 61.25
Nextera Energy Inc. 7% Equity pfd cv 0.9 $2.0M 40k 49.50
Transocean Inc note 1.500%12/1 0.9 $1.9M 2.0M 0.97
Jaguar Mining, Inc. Cv. Sr. No conv 0.9 $1.9M 2.1M 0.92
Knight Capital Group, Inc. Cas conv 0.9 $1.9M 2.0M 0.96
Micron Technology Inc note 1.875% 6/0 0.9 $1.9M 2.0M 0.95
Millipore Corp note 3.750% 6/0 0.9 $1.9M 1.5M 1.24
National Financial Partners Co conv 0.9 $1.9M 1.5M 1.24
Onyx Pharmaceuticals Inc note 4.000% 8/1 0.8 $1.8M 1.5M 1.20
Chemed Corp New note 1.875% 5/1 0.8 $1.8M 1.8M 1.00
Stanley Black & Decker Inc unit 99/99/9999 0.8 $1.7M 16k 108.56
China Med Technologies Inc note 4.000% 8/1 0.8 $1.7M 2.0M 0.86
Tower Group, Inc. 5% Cv. Sr. N conv 0.8 $1.7M 1.5M 1.12
Intel Corp. Jr. Sub. Cv. Deb. conv 0.8 $1.7M 1.4M 1.20
Morgans Hotel Group Sr. Sub. C conv 0.8 $1.7M 2.0M 0.84
Mgm Mirage Cv. Sr. Notes 144a conv 0.8 $1.7M 1.5M 1.10
Dryships Inc. note 5.000%12/0 0.7 $1.5M 1.5M 1.03
Gilead Sciences Inc note 0.500% 5/0 0.7 $1.5M 1.5M 1.03
Cubist Pharmaceuticals Inc note 2.250% 6/1 0.7 $1.5M 1.5M 1.01
Emc Corp. Cv. Sr. Notes 144a conv 0.7 $1.5M 1.0M 1.51
Amerivon Holdings Llc Series A pfd cv 0.7 $1.5M 1.1M 1.33
United States Stl Corp New note 4.000% 5/1 0.7 $1.5M 750k 1.95
Mcmoran Exploration Co. Cv. Sr conv 0.7 $1.4M 1.2M 1.20
Bunge Limited 4.875% Cum. Cv. pfd cv 0.7 $1.4M 15k 94.00
Sunpower Corporation Sr. Cash conv 0.6 $1.4M 1.5M 0.90
Hartford Finl Svcs Group Inc dep conv p 0.6 $1.3M 50k 25.60
Vale Cap Ii valep 6.75%12 0.6 $1.3M 13k 96.85
Equinix Inc note 4.750% 6/1 0.6 $1.2M 1.0M 1.23
2010 Swift 6%mand Com Exch Sec pfd cv 0.6 $1.2M 100k 12.15
Northgate Minerals Corp note 3.500%10/0 0.6 $1.2M 1.1M 1.08
ConocoPhillips (COP) 0.5 $1.2M 17k 68.07
Microsoft Corporation Cv. Sr. conv 0.5 $1.1M 1.0M 1.08
Chiquita Brands Intl Inc note 4.250% 8/1 0.5 $1.0M 1.1M 0.97
Clearwire Communications Llc E conv 0.5 $1.0M 1.0M 1.03
Comtech Telecommunications Cor conv 0.5 $1.0M 1.0M 1.04
Gilead Sciences, Inc. Cv. Sr. conv 0.5 $1.0M 1.0M 1.04
Csg Systems International, Inc conv 0.5 $1.0M 1.0M 1.02
Corporate Office Properties, L conv 0.5 $1.0M 1.0M 1.02
Home Inns & Hotel Management I conv 0.5 $1.0M 1.0M 1.00
Rightnow Technologies, Inc. Cv conv 0.5 $1.0M 1.0M 1.00
Telecommunications Systems, In conv 0.5 $950k 1.0M 0.95
Central European Dist Corp note 3.000% 3/1 0.4 $930k 1.0M 0.93
Gsi Commerce, Inc. Cv. Sr. Not conv 0.4 $912k 837k 1.09
Netapp Inc note 1.750% 6/0 0.4 $895k 500k 1.79
Atp Oil & Gas pfd 8% 0.4 $900k 10k 90.00
Rti Intl Metals Inc note 3.000%12/0 0.4 $884k 850k 1.04
Amylin Pharmaceuticals Inc note 3.000% 6/1 0.4 $870k 1.0M 0.87
Merck & Co (MRK) 0.4 $852k 24k 36.02
Beazer Homes Usa Inc. unit 99/99/99 0.4 $832k 35k 23.77
Coinstar Inc note 4.000% 9/0 0.4 $795k 500k 1.59
Gilead Sciences, Inc. Cv. Sr. conv 0.4 $788k 750k 1.05
Finisar Corporation Cv. Sr. No conv 0.3 $723k 250k 2.89
Commscope Inc note 3.250% 7/0 0.3 $650k 500k 1.30
Anglogold Ashanti Holdings Fin pfd cv 0.3 $653k 12k 55.34
Regis Corp Minn note 5.000% 7/1 0.3 $640k 500k 1.28
Xilinx, Inc. Cv. Sr. Notes 144 conv 0.3 $590k 500k 1.18
Walt Disney Company (DIS) 0.3 $563k 15k 37.53
Anixter International, Inc. Sr conv 0.3 $560k 500k 1.12
Ubs Ag 9.375 Exch. Notes 0.3 $551k 20k 27.55
Bristol Myers Squibb (BMY) 0.2 $530k 20k 26.50
Kaman Corporation Cv. Sr. Note conv 0.2 $525k 500k 1.05
Ultrapetrol 0.2 $525k 500k 1.05
Abbott Laboratories (ABT) 0.2 $479k 10k 47.90
Lehman Brothers Holdings, Inc. conv 0.2 $480k 3.0M 0.16
Lehmanbro. Hldgs. 6% Exchnote pfd cv 0.2 $388k 100k 3.88
Whiting Petroleum Corporation 0.2 $369k 3.1k 117.25
Whiting Petroleum Corp. Perp. pfd cv 0.1 $262k 262.00 1000.00
Omnicare Inc dbcv 3.250%12/1 0.1 $234k 254k 0.92
Amerivon Holdings Llc Common E 0.0 $5.5k 546k 0.01