Linden Advisors

Linden Advisors as of March 31, 2011

Portfolio Holdings for Linden Advisors

Linden Advisors holds 43 positions in its portfolio as reported in the March 2011 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Spdr S&p 500 Etf (SPY) 19.3 $133M 1.0M 132.51
Alere 17.8 $122M 494k 247.63
SPDR Gold Trust (GLD) 6.0 $41M 296k 138.08
Teleflex Inc note 3.875% 8/0 4.8 $33M 33M 0.99
Barclays Bk Plc ipth s^p vix 4.4 $30M 1.0M 29.36
Vector Group Ltd debt 4.0 $28M 26M 1.06
Alere 4.0 $28M 702k 39.14
iShares FTSE/Xinhua China 25 Index (FXI) 3.3 $23M 500k 44.96
PowerShares QQQ Trust, Series 1 3.2 $22M 415k 52.27
Solarfun Power Hldgs Conv dbcv 3.1 $21M 26M 0.83
Bank of America Corporation (BAC) 3.1 $21M 1.6M 13.33
Liberty Media Corp bond 2.7 $19M 25M 0.75
SPDR S&P Metals and Mining (XME) 2.2 $15M 200k 74.29
iShares MSCI Emerging Markets Indx (EEM) 2.1 $15M 300k 48.69
Mindray Medical International 1.8 $12M 482k 25.20
iShares MSCI Germany Index Fund (EWG) 1.8 $12M 465k 25.95
Hanwha Solarone 1.7 $12M 1.6M 7.59
Great Basin Gold Ltdcom Stk 1.4 $9.6M 3.7M 2.59
Energy Select Sector SPDR (XLE) 1.4 $9.4M 148k 63.50
Global Inds Ltd dbcv 2.750% 8/0 1.4 $9.2M 14M 0.66
iShares Lehman 7-10 Yr Treas. Bond (IEF) 1.4 $9.3M 100k 93.01
Old Republic Intl Corp note 1.3 $8.8M 10M 0.88
Financial Select Sector SPDR (XLF) 1.2 $8.5M 561k 15.12
General Motors Company (GM) 0.9 $6.1M 196k 31.03
Tidewater 0.8 $5.5M 93k 59.85
Vector (VGR) 0.8 $5.4M 342k 15.90
Vitesse Semiconductor Corporate 0.6 $4.1M 837k 4.85
LDK Solar 0.5 $3.6M 293k 12.24
SEMICONDUCTOR Corp dbcv 8.000% 6/1 0.5 $3.5M 2.7M 1.31
Oil Service HOLDRs 0.5 $3.3M 20k 164.35
Delta Air Lines (DAL) 0.4 $3.0M 303k 9.80
TCF Financial Corporation 0.3 $2.4M 150k 15.86
Citi 0.3 $2.2M 506k 4.42
Market Vectors Gold Miners ETF 0.3 $2.3M 38k 60.05
AbitibiBowater 0.2 $1.5M 60k 25.16
China Med Technologies Inc note 6.250%12/1 0.1 $854k 1.3M 0.65
Lkd Barclays Bk Plc Ipath S&p Etn etf 0.1 $735k 13k 55.05
iShares MSCI Japan Index 0.1 $620k 60k 10.32
Liberty Media 3.750 2/15/30 deb 3.750% 0.1 $550k 5.5M 0.10
Sterlite Industries India 0.1 $531k 34k 15.44
CompuCredit Holdings 0.1 $521k 79k 6.57
Methanex Corp (MEOH) 0.1 $466k 15k 31.07
Qimonda Fin Llc Note 6.750% 3/2 0.0 $210k 7.0M 0.03