Grace Brothers Management

Grace Brothers Management as of Dec. 31, 2011

Portfolio Holdings for Grace Brothers Management

Grace Brothers Management holds 46 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
United Rentals Inc note 4.000%11/1 5.4 $5.5M 2.0M 2.75
E M C Corp Mass note 1.750%12/0 4.9 $5.0M 3.5M 1.44
CUBIST PHARM CONVERTIBLE security 4.7 $4.8M 3.3M 1.49
Biomarin Pharmaceutical Inc note 1.875% 4/2 3.9 $4.0M 2.3M 1.78
Netapp Inc note 1.750% 6/0 3.8 $3.9M 3.5M 1.12
Fei Co note 2.875% 6/0 3.6 $3.7M 2.5M 1.46
Western Refng Inc note 5.750% 6/1 3.5 $3.6M 2.5M 1.43
Alliance Data Systems Corp note 1.750% 8/0 3.4 $3.5M 2.5M 1.38
Alcoa Inc debt 3.4 $3.4M 2.3M 1.52
Endo Pharmaceuticals Hldgs I note 1.750% 4/1 3.2 $3.3M 2.5M 1.31
Viropharma Inc note 2.000% 3/1 3.1 $3.2M 2.0M 1.58
Textron Inc note 4.500% 5/0 3.0 $3.1M 2.0M 1.54
Cadence Design Sys Cvt 2.625 6 convert 3.0 $3.0M 2.0M 1.51
Ual Corp note 6.000%10/1 2.8 $2.9M 1.3M 2.30
Holdings Inc Note 5.25 2.7 $2.7M 1.8M 1.56
Mylan Inc note 3.750% 9/1 2.6 $2.6M 1.5M 1.75
Sba Communications Corp note 4.000%10/0 2.4 $2.4M 1.6M 1.52
Chart Industries 2% conv 2.3 $2.4M 2.3M 1.06
Caci Intl Inc note 2.125% 5/0 2.3 $2.3M 2.0M 1.17
Nuance Communications Inc dbcv 2.750% 8/1 2.1 $2.2M 1.5M 1.44
Newmont Mining Corp Cvt cv bnd 2.1 $2.2M 1.5M 1.44
Ford Mtr Co Del note 4.250%11/1 2.1 $2.1M 1.5M 1.43
Virgin Media Inc note 6.500%11/1 2.0 $2.1M 1.5M 1.38
Tyson Foods Inc note 3.250%10/1 1.9 $2.0M 1.5M 1.33
Ppl Corporation 8.75% pfd cv 1.9 $1.9M 35k 55.29
General Cable Corp Del New frnt 4.500% 11/1 1.9 $1.9M 2.0M 0.95
Metlife Inc 5% 10/0/14 Conv Pr cv prf 1.8 $1.9M 30k 61.73
Insulet Corporation Cvt 3.75 0 convert 1.7 $1.8M 1.8M 1.00
Health Care Reit Pfd I 6.5% 1.7 $1.7M 33k 51.18
Energy Xxi Bermuda Ltd conv prf 1.7 $1.7M 5.0k 340.00
Sandisk Corp note 1.500% 8/1 1.4 $1.5M 1.3M 1.18
St Mary Ld & Expl Co note 3.500% 4/0 1.3 $1.4M 1.0M 1.37
Trw Automotive 3.5% 12/01/15 conv 1.3 $1.3M 1.0M 1.34
Micron Technology Inc Mu Cvt 1 convert 1.3 $1.3M 1.5M 0.86
Level 3 Communications Inc note 6.500%10/0 1.2 $1.2M 1.0M 1.22
D Synnex Corp Ser B Sr Uns Conv convrt bonds 1.1 $1.2M 1.0M 1.18
Nielsen Holdings 6.25% 2/01/13 pfd cv 1.1 $1.2M 20k 58.05
Sonosite Inc note 3.750% 7/1 1.1 $1.1M 750k 1.46
Coinstar Inc note 4.000% 9/0 0.9 $975k 750k 1.30
Live Nation Entertainment In note 2.875% 7/1 0.9 $880k 1.0M 0.88
PowerShares QQQ Trust, Series 1 0.8 $837k 15k 55.80
Intermune Inc note 2.500% 9/1 0.8 $825k 1.1M 0.75
Ciena Corp note 0.875% 6/1 0.7 $760k 1.0M 0.76
Omnicare Cap Tr Ii pfd b tr 4.00% 0.6 $578k 13k 46.24
Cisco Systems (CSCO) 0.3 $362k 20k 18.10
Ford Mtr Co Del *w exp 01/01/201 0.1 $125k 52k 2.40