Polar Securities

Polar Securities as of Dec. 31, 2013

Portfolio Holdings for Polar Securities

Polar Securities holds 167 positions in its portfolio as reported in the December 2013 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Notes 14.0 $332M 60M 5.53
Spdr S&p 500 Etf (SPY) 9.1 $215M 1.2M 184.69
Endo Pharmaceuticals Hldgs I note 1.750% 4/1 3.6 $86M 37M 2.32
Trw Automotive 3.5% 12/01/15 conv 2.9 $69M 27M 2.54
iShares Russell 2000 Index (IWM) 2.8 $65M 565k 115.36
Viropharma Inc note 2.000% 3/1 2.6 $63M 24M 2.67
CUBIST PHARM CONVERTIBLE security 2.3 $55M 23M 2.43
Sprott Physical Gold Trust (PHYS) 2.2 $53M 5.3M 9.96
Central Fd Cda Ltd cl a 1.5 $37M 2.8M 13.25
Mu Us conv 1.5 $36M 16M 2.32
Micron Technology Inc bond 1.5 $36M 16M 2.29
Valeant Pharmaceuticals Int 1.4 $33M 284k 117.40
Ual Corp note 6.000%10/1 1.4 $33M 7.6M 4.37
Catamaran 1.4 $33M 689k 47.46
KAR Auction Services (KAR) 1.2 $29M 990k 29.55
MetLife (MET) 1.1 $27M 495k 53.92
Roadrunner Transportation Services Hold. 1.1 $25M 936k 26.95
Newport Corporation 1.1 $25M 1.4M 18.07
Sprott Phys Platinum & Palladi (SPPP) 1.0 $24M 2.8M 8.68
Teleflex Inc note 3.875% 8/0 1.0 $24M 15M 1.58
Ryder System (R) 0.9 $22M 300k 73.78
Quinpario Acquisition 0.9 $20M 2.0M 10.10
SPDR KBW Regional Banking (KRE) 0.8 $20M 494k 40.61
Owens Corning (OC) 0.8 $20M 485k 40.72
Icg Group 0.8 $20M 1.0M 18.63
Apache Corporation 0.8 $19M 220k 85.94
Bio-Rad Laboratories (BIO) 0.8 $18M 145k 123.61
Marathon Petroleum Corp (MPC) 0.8 $18M 192k 91.73
Tahoe Resources 0.7 $17M 1.0M 16.64
Gsi 0.7 $17M 1.5M 11.24
Tyson Foods (TSN) 0.7 $17M 500k 33.46
Transglobe Energy Corp 0.7 $17M 2.0M 8.36
Kirkland's (TBHC) 0.7 $16M 664k 23.67
Quartet Merger 0.7 $16M 1.6M 9.67
& PROD CO shares Brookfield 0.6 $15M 622k 24.19
Vantiv Inc Cl A 0.6 $15M 466k 32.61
DENTSPLY International 0.6 $15M 300k 48.48
Cimarex Energy 0.6 $15M 140k 104.91
Hf2 Financial Management 0.6 $15M 1.4M 10.18
Group Cgi Cad Cl A 0.6 $14M 428k 33.46
inContact, Inc . 0.6 $14M 1.8M 7.81
VCA Antech 0.6 $14M 455k 31.36
Energy Xxi 0.6 $14M 500k 27.06
Rexnord 0.6 $13M 496k 27.01
Fidelity National Information Services (FIS) 0.6 $13M 246k 53.68
Emcor (EME) 0.5 $13M 294k 42.44
Celestica 0.5 $13M 1.2M 10.40
Synopsys (SNPS) 0.5 $12M 304k 40.57
Central Gold-Trust 0.5 $12M 288k 41.51
Chart Industries 2% conv 0.5 $12M 7.5M 1.55
eBay (EBAY) 0.5 $11M 206k 54.86
Leap Wireless International 0.5 $11M 657k 17.40
Gran Tierra Energy 0.5 $12M 1.6M 7.31
Global Defense & Natl Sec Sy 0.5 $11M 1.1M 10.05
Electronics For Imaging 0.5 $11M 285k 38.73
Fox News 0.5 $11M 319k 34.60
Biomarin Pharmaceutical Inc note 1.500%10/1 0.5 $11M 10M 1.08
Rio Tinto (RIO) 0.4 $10M 180k 56.43
Move 0.4 $10M 632k 15.99
Armstrong World Industries (AWI) 0.4 $9.9M 171k 57.61
Mistras (MG) 0.4 $10M 478k 20.88
Regional Management (RM) 0.4 $9.9M 293k 33.93
Mentor Graphics 4% 2031 conv 0.4 $10M 7.5M 1.33
Globus Med Inc cl a (GMED) 0.4 $9.8M 487k 20.18
Whirlpool Corporation (WHR) 0.4 $9.8M 62k 156.85
Finisar Corporation 0.4 $9.8M 410k 23.92
Newpark Res Inc note 4.000%10/0 0.4 $9.6M 7.1M 1.35
Techne Corporation 0.4 $9.5M 101k 94.67
Stillwater Mng Co note 1.750%10/1 0.4 $9.5M 8.4M 1.13
Corporate Executive Board Company 0.4 $9.2M 118k 77.43
Motorcar Parts of America (MPAA) 0.4 $9.3M 481k 19.30
Stewart Enterprises Inc cnv 0.4 $9.2M 7.0M 1.31
Stewart Enterprises Inc note 3.125% 7/1 0.4 $9.1M 7.3M 1.25
Safeway 0.4 $9.1M 278k 32.57
Tuesday Morning Corporation 0.4 $8.8M 549k 15.96
Sina Corporation 0.4 $8.7M 103k 84.25
United Rentals (URI) 0.4 $8.5M 109k 77.95
Carmike Cinemas 0.4 $8.5M 305k 27.84
Infinera 0.3 $8.2M 841k 9.78
Mergeworthrx 0.3 $8.2M 1.0M 8.13
Tamin 0.3 $8.1M 400k 20.21
Cis Acquisition Ltd shs ser a 0.3 $7.6M 750k 10.11
PowerShares QQQ Trust, Series 1 0.3 $7.3M 84k 87.96
Collabrium Japan 0.3 $7.3M 713k 10.23
Exfo 0.3 $7.2M 1.5M 4.76
Aquasition 0.3 $7.2M 705k 10.15
Chart Acquisition 0.3 $6.8M 686k 9.93
Nuverra Environmental Soluti 0.3 $6.8M 407k 16.79
Ethan Allen Interiors (ETD) 0.3 $6.7M 219k 30.42
Select Comfort 0.3 $6.6M 315k 21.09
Hudson Global 0.3 $6.5M 1.6M 4.02
M/i Homes Inc note 3.250% 9/1 0.3 $6.5M 5.0M 1.30
Hyde Pk Acquisition Corp Ii 0.3 $6.3M 613k 10.30
Nxp Semiconductors N V (NXPI) 0.3 $6.3M 136k 45.93
Tangoe 0.3 $6.1M 339k 18.01
Molycorp Inc Del....... Note 6.0% 9/1/17 0.3 $6.1M 7.5M 0.81
Seacor Holdings Inc note 2.500%12/1 0.3 $6.2M 5.0M 1.23
Sensient Technologies Corporation (SXT) 0.2 $5.7M 117k 48.52
Delta Air Lines (DAL) 0.2 $5.7M 207k 27.47
Kinross Gold Corp (KGC) 0.2 $5.7M 1.3M 4.38
Multimedia Games 0.2 $5.5M 176k 31.36
Alpha Natural Resources Inc note 4.875%12/1 0.2 $5.4M 5.0M 1.08
Take-Two Interactive Software (TTWO) 0.2 $5.2M 297k 17.37
Superior Energy Services 0.2 $5.3M 200k 26.61
PowerShares DB US Dollar Index Bullish 0.2 $5.2M 242k 21.52
Sodastream International 0.2 $5.1M 103k 49.64
Andina Acquisition 0.2 $5.2M 515k 10.18
Molycorp Inc Del note 5.500% 2/0 0.2 $5.3M 5.5M 0.96
Aegean Marine Petroleum Network note 4.000 11/0 0.2 $5.3M 5.0M 1.06
American Woodmark Corporation (AMWD) 0.2 $4.9M 123k 39.53
Krispy Kreme Doughnuts 0.2 $4.9M 253k 19.29
Ambarella (AMBA) 0.2 $5.1M 150k 33.89
Cambrex Corporation 0.2 $4.8M 268k 17.83
Metropcs Communications (TMUS) 0.2 $4.7M 141k 33.64
Lattice Semiconductor (LSCC) 0.2 $4.4M 808k 5.49
D Tumi Holdings 0.2 $4.4M 196k 22.55
Arc Document Solutions (ARC) 0.2 $4.5M 544k 8.22
Santarus 0.2 $4.3M 135k 31.96
Meritor 0.2 $4.3M 415k 10.43
Infinity Cross Bo 0.2 $4.2M 535k 7.91
Lender Processing Services 0.2 $3.9M 105k 37.38
LSI Corporation 0.2 $4.1M 375k 11.03
Fiesta Restaurant 0.2 $3.9M 75k 52.24
Randgold Resources 0.2 $3.7M 60k 62.80
Eldorado Gold Corp 0.2 $3.8M 675k 5.69
Newmont Mining Corporation (NEM) 0.1 $3.6M 155k 23.03
Manitex International 0.1 $3.4M 213k 15.88
Neonode 0.1 $3.1M 497k 6.32
Del Friscos Restaurant 0.1 $2.9M 123k 23.57
Medifast (MED) 0.1 $2.6M 101k 26.13
Edwards Group Ltd Sponsored 0.1 $2.3M 225k 10.18
Flow International Corporation 0.1 $2.2M 550k 4.03
Sprott Physical Silver Tr tr unit (PSLV) 0.1 $2.0M 267k 7.56
Sprint 0.1 $2.0M 189k 10.76
Endologix Inc note 2.250%12/1 0.1 $2.0M 2.0M 1.02
Seaworld Entertainment (PRKS) 0.1 $1.9M 65k 28.77
Silver Eagle Acquisition Cor 0.1 $1.9M 200k 9.68
Precision Drilling Corporation 0.1 $1.4M 150k 9.37
Solta Medical 0.1 $1.5M 500k 2.95
Equal Energy 0.1 $1.3M 250k 5.34
Brookdale Senior Living note 0.1 $1.3M 1.1M 1.19
Capitol Acquisition Corp Ii 0.1 $1.5M 150k 9.69
Hi-Tech Pharmacal 0.1 $1.1M 25k 43.38
Vitran Corp 0.1 $1.1M 170k 6.48
Tiptree Finl Inc cl a (TIPT) 0.1 $1.1M 150k 7.34
Roi Acquisition Corp Ii 0.1 $1.1M 115k 9.78
Encana Corp 0.0 $902k 50k 18.04
Silver Standard Res 0.0 $964k 139k 6.96
News Corp Class B cos (NWS) 0.0 $933k 52k 17.84
Quartet Merger Corp right 99/99/9999 0.0 $832k 1.6M 0.52
Endo Pharmaceuticals 0.0 $598k 8.9k 67.48
Moly 0.0 $627k 112k 5.62
NuPathe 0.0 $818k 250k 3.27
Coleman Cable 0.0 $656k 25k 26.24
Brigus Gold Corp 0.0 $819k 1.1M 0.78
Quinpario Acquisition Corp *w exp 09/27/201 0.0 $653k 1.8M 0.36
Turquoise Hill Res Ltd right 01/07/2014 0.0 $480k 500k 0.96
Home Federal Ban 0.0 $149k 10k 14.90
iShares Dow Jones US Real Estate (IYR) 0.0 $315k 5.0k 63.00
Superconductor Technologies 0.0 $149k 70k 2.14
Aquasition Corp *w exp 99/99/999 0.0 $129k 478k 0.27
Silver Bull Res 0.0 $109k 313k 0.35
Galena Biopharma 0.0 $50k 10k 5.00
Collabrium Japan Acquisitn C *w exp 99/99/999 0.0 $39k 356k 0.11
Cis Acquisition Ltd-class A wrt 0.0 $70k 249k 0.28
Silver Eagle Acquisition Cor w exp 07/26/202 0.0 $103k 172k 0.60
Roi Acquisition Corp Ii *w exp 99/99/999 0.0 $58k 115k 0.50