Linden Advisors

Linden Advisors as of Sept. 30, 2011

Portfolio Holdings for Linden Advisors

Linden Advisors holds 55 positions in its portfolio as reported in the September 2011 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
PowerShares QQQ Trust, Series 1 14.9 $105M 2.0M 52.52
Alere 12.3 $87M 494k 175.35
iShares Barclays 20+ Yr Treas.Bond (TLT) 8.6 $60M 500k 120.80
Barclays Bk Plc ipth s^p vix 7.6 $53M 1.0M 53.37
Spdr S&p 500 Etf (SPY) 5.6 $40M 350k 113.16
SPDR Gold Trust (GLD) 5.6 $40M 250k 158.08
SPDR Barclays Capital High Yield B 4.4 $31M 862k 36.19
iShares MSCI Brazil Index (EWZ) 3.7 $26M 500k 52.04
CurrencyShares Euro Trust 2.8 $20M 150k 133.47
Alere 2.7 $19M 956k 19.63
Vector Group Ltd debt 2.4 $17M 15M 1.14
iShares iBoxx $ High Yid Corp Bond (HYG) 2.4 $17M 200k 82.73
SPDR Barclays Capital High Yield B 2.1 $15M 414k 36.19
iShares MSCI Germany Index Fund (EWG) 1.8 $13M 700k 18.29
Bank of America Corporation (BAC) 1.6 $11M 1.8M 6.12
Rait Financial Trust - Putable At 100 conv bond 1.5 $10M 15M 0.70
Solarfun Power Hldgs Conv dbcv 1.4 $10M 17M 0.58
Norfolk Southern (NSC) 1.4 $9.8M 160k 61.02
SanDisk Corporation 1.3 $9.5M 259k 36.58
SPDR S&P Metals and Mining (XME) 1.3 $9.0M 200k 44.82
Colgate-Palmolive Company (CL) 1.3 $8.9M 100k 88.68
iShares MSCI Australia Index Fund (EWA) 1.2 $8.4M 419k 20.06
A123 Sys Inc note 3.750% 4/1 1.2 $8.2M 12M 0.68
Energy Select Sector SPDR (XLE) 1.0 $7.3M 125k 58.59
Spdr S&p 500 Etf (SPY) 0.9 $6.4M 56k 113.17
WisdomTree India Earnings Fund (EPI) 0.7 $4.8M 266k 18.15
Annaly Capital Management 0.7 $4.6M 278k 16.63
iShares MSCI EAFE Index Fund (EFA) 0.6 $4.3M 90k 47.69
Vector (VGR) 0.6 $4.3M 249k 17.18
iShares MSCI Emerging Markets Indx (EEM) 0.6 $3.9M 110k 35.03
Hanwha Solarone 0.5 $3.8M 1.6M 2.41
C.R. Bard 0.5 $3.3M 38k 87.46
Alere 0.4 $2.7M 140k 19.65
iShares MSCI Australia Index Fund (EWA) 0.4 $2.6M 129k 20.06
Trinity Industries (TRN) 0.4 $2.5M 126k 19.95
L-3 Communications Holdings 0.3 $2.5M 40k 61.98
iShares MSCI Italy Index 0.3 $2.5M 210k 11.88
Exterran Holdings 0.3 $2.4M 264k 9.13
Financial Select Sector SPDR (XLF) 0.3 $2.3M 192k 11.83
C.R. Bard 0.3 $2.2M 27k 83.43
Avis Budget (CAR) 0.3 $2.0M 224k 8.78
Asm International Nvusd (ASMIY) 0.2 $1.8M 89k 20.23
Vitesse Semiconductor Corporate 0.2 $1.7M 566k 2.95
Vector (VGR) 0.2 $1.5M 90k 17.15
iShares MSCI Brazil Index (EWZ) 0.2 $1.4M 26k 52.04
Procter & Gamble Company (PG) 0.2 $1.2M 19k 63.20
Illumina (ILMN) 0.2 $1.2M 33k 37.08
Mentor Graphics Corporation 0.2 $1.1M 128k 8.90
PSS World Medical 0.1 $677k 34k 19.66
PSS World Medical 0.1 $620k 34k 18.24
Steel Dynamics (STLD) 0.1 $565k 59k 9.63
Great Basin Gold Ltdcom Stk 0.1 $469k 277k 1.69
Energy Select Sector SPDR (XLE) 0.1 $403k 6.9k 58.53
iShares S&P US Pref Stock Idx Fnd (PFF) 0.0 $288k 8.1k 35.56
CompuCredit Holdings 0.0 $221k 79k 2.79