Polar Securities

Polar Securities as of March 31, 2014

Portfolio Holdings for Polar Securities

Polar Securities holds 169 positions in its portfolio as reported in the March 2014 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Notes 15.3 $347M 60M 5.78
CUBIST PHARM CONVERTIBLE security 4.6 $104M 41M 2.56
Endo Pharmaceuticals Hldgs I note 1.750% 4/1 4.4 $101M 43M 2.36
Spdr S&p 500 Etf (SPY) 4.1 $94M 500k 187.01
Mu Us conv 2.5 $57M 23M 2.52
Micron Technology Inc bond 2.2 $50M 20M 2.49
Ual Corp note 6.000%10/1 1.7 $39M 7.6M 5.15
Central Fd Cda Ltd cl a 1.7 $39M 2.8M 13.76
Catamaran 1.6 $38M 839k 44.77
Energy Select Sector SPDR (XLE) 1.6 $36M 400k 89.06
iShares Russell 2000 Index (IWM) 1.5 $35M 300k 116.34
Newport Corporation 1.4 $31M 1.5M 20.68
Depository Vipshop Holdings Ltd - Ads receipt (VIPS) 1.3 $30M 200k 149.30
Teleflex Inc note 3.875% 8/0 1.2 $27M 15M 1.78
KAR Auction Services (KAR) 1.1 $26M 858k 30.35
Slxp 1 1/2 03/15/19 1.0 $24M 14M 1.69
Fastenal Company (FAST) 1.0 $23M 471k 49.30
Quinpario Acquisition 1.0 $23M 2.2M 10.29
Apache Corporation 1.0 $22M 270k 82.95
Tahoe Resources 1.0 $22M 1.0M 21.15
Bio-Rad Laboratories (BIO) 0.9 $21M 164k 128.12
Mueller Water Products (MWA) 0.9 $20M 2.1M 9.50
SPDR KBW Regional Banking (KRE) 0.9 $20M 483k 41.38
Gsi 0.9 $20M 1.5M 13.06
MetLife (MET) 0.9 $20M 375k 52.80
Sprott Physical Gold Trust (PHYS) 0.9 $20M 1.8M 10.67
Owens Corning (OC) 0.9 $19M 450k 43.17
Global Payments (GPN) 0.8 $19M 270k 71.11
Kirkland's (KIRK) 0.8 $19M 1.0M 18.49
Corporate Executive Board Company 0.8 $18M 240k 74.23
Group Cgi Cad Cl A 0.8 $18M 577k 30.92
Rexnord 0.8 $18M 608k 28.98
Hf2 Financial Management 0.8 $18M 1.7M 10.26
Ryder System (R) 0.7 $17M 208k 79.92
Tangoe 0.7 $17M 888k 18.59
Lululemon Athletica (LULU) 0.7 $16M 300k 52.59
Amazon (AMZN) 0.7 $16M 47k 336.37
Roadrunner Transportation Services Hold. 0.7 $16M 619k 25.24
Quartet Merger 0.7 $16M 1.6M 9.80
DENTSPLY International 0.7 $16M 338k 46.04
Whirlpool Corporation (WHR) 0.7 $15M 101k 149.46
Transglobe Energy Corp 0.7 $15M 2.0M 7.58
inContact, Inc . 0.6 $14M 1.5M 9.60
Icg Group 0.6 $14M 686k 20.42
Tesla Motors Inc bond 0.6 $14M 15M 0.91
Celestica 0.6 $13M 1.2M 10.95
Cimarex Energy 0.6 $13M 110k 119.11
Gran Tierra Energy 0.6 $13M 1.8M 7.48
Central Gold-Trust 0.6 $13M 288k 45.24
& PROD CO shares Brookfield 0.6 $13M 622k 20.97
Reliance Steel & Aluminum (RS) 0.6 $13M 180k 70.66
Motorcar Parts of America (MPAA) 0.6 $13M 476k 26.57
Mistras (MG) 0.6 $13M 562k 22.77
Norwegian Cruise Line Hldgs (NCLH) 0.6 $13M 395k 32.27
Sprott Phys Platinum & Palladi (SPPP) 0.6 $13M 1.3M 9.61
Marathon Petroleum Corp (MPC) 0.5 $12M 140k 87.04
VCA Antech 0.5 $12M 360k 32.23
Move 0.5 $12M 1000k 11.56
Tesla Motors Inc bond 0.5 $12M 13M 0.92
United Rentals (URI) 0.5 $11M 120k 94.94
Dollar Tree (DLTR) 0.5 $11M 218k 52.18
Global Defense & Natl Sec Sy 0.5 $11M 1.1M 10.12
Silver Eagle Acquisition Cor 0.5 $11M 1.1M 9.70
Rosetta Resources 0.5 $10M 220k 46.58
J.B. Hunt Transport Services (JBHT) 0.4 $9.9M 138k 71.92
Energy Xxi 0.4 $9.7M 410k 23.57
Infinera (INFN) 0.4 $9.7M 1.1M 9.08
Kinross Gold Corp (KGC) 0.4 $9.8M 2.4M 4.14
Electronics For Imaging 0.4 $9.5M 220k 43.31
Masco Corporation (MAS) 0.4 $9.3M 421k 22.21
Tamin 0.4 $9.3M 445k 21.01
Nxp Semiconductors N V (NXPI) 0.4 $8.9M 151k 58.81
Sodastream International 0.4 $8.8M 200k 44.10
Mentor Graphics 4% 2031 conv 0.4 $8.9M 7.0M 1.27
Synopsys (SNPS) 0.4 $8.2M 214k 38.41
Sandisk Corp note 1.500% 8/1 0.4 $8.3M 5.0M 1.65
Mergeworthrx 0.4 $8.2M 1.0M 8.13
Multimedia Games 0.3 $8.0M 275k 29.04
Select Comfort 0.3 $7.9M 435k 18.08
Atmel Corporation 0.3 $7.6M 914k 8.36
Cis Acquisition Ltd shs ser a 0.3 $7.7M 750k 10.25
Collabrium Japan 0.3 $7.3M 705k 10.35
Aquasition 0.3 $7.2M 709k 10.22
Enbridge (ENB) 0.3 $7.1M 155k 45.51
Carmike Cinemas 0.3 $7.0M 234k 29.86
Eldorado Gold Corp 0.3 $7.1M 1.3M 5.58
Valeant Pharmaceuticals Int 0.3 $7.1M 54k 131.83
Chart Acquisition 0.3 $7.0M 708k 9.94
News Corp Class B cos (NWS) 0.3 $7.0M 420k 16.70
Fox News 0.3 $7.0M 225k 31.12
ViaSat (VSAT) 0.3 $6.9M 100k 69.04
Randgold Resources 0.3 $6.8M 90k 75.00
Tecnoglass (TGLS) 0.3 $6.9M 649k 10.65
Exfo 0.3 $6.7M 1.4M 4.94
Tuesday Morning Corporation 0.3 $6.3M 446k 14.15
PowerShares DB US Dollar Index Bullish 0.3 $6.4M 300k 21.46
Newpark Res Inc note 4.000%10/0 0.3 $6.5M 5.0M 1.29
Hyde Pk Acquisition Corp Ii 0.3 $6.3M 610k 10.41
Sina Corporation 0.3 $6.0M 100k 60.41
Techne Corporation 0.3 $6.2M 72k 85.36
Hudson Global 0.3 $6.1M 1.6M 3.78
Commscope Hldg (COMM) 0.3 $6.2M 250k 24.68
Molycorp Inc Del....... Note 6.0% 9/1/17 0.3 $6.0M 7.5M 0.80
Stock Bldg Supply Hldgs 0.3 $5.9M 292k 20.32
Diebold Incorporated 0.2 $5.8M 145k 39.89
Apogee Enterprises (APOG) 0.2 $5.7M 171k 33.23
Endeavour Silver Corp (EXK) 0.2 $5.1M 1.2M 4.31
Manitex International (MNTX) 0.2 $5.2M 317k 16.30
First Majestic Silver Corp (AG) 0.2 $5.2M 537k 9.64
Globus Med Inc cl a (GMED) 0.2 $5.2M 197k 26.59
Guess? (GES) 0.2 $5.0M 180k 27.60
Molycorp Inc Del note 5.500% 2/0 0.2 $4.9M 5.5M 0.89
Zulily Inc cl a 0.2 $5.0M 100k 50.19
Aegean Marine Petroleum Network note 4.000 11/0 0.2 $5.0M 5.0M 1.00
Infinity Cross Bo 0.2 $4.7M 589k 7.97
Fusion-io 0.2 $4.3M 413k 10.52
Boulevard Acquis Corp Ut1com & 0.2 $4.3M 429k 10.05
Interface (TILE) 0.2 $4.1M 200k 20.55
Mercer International (MERC) 0.2 $3.8M 510k 7.50
New Gold Inc Cda (NGD) 0.2 $3.8M 785k 4.88
Krispy Kreme Doughnuts 0.2 $3.6M 202k 17.73
Trinity Biotech 0.1 $3.4M 141k 24.23
Neonode 0.1 $3.5M 618k 5.69
Envision Healthcare Hlds 0.1 $3.4M 100k 33.83
Arc Document Solutions (ARC) 0.1 $3.1M 420k 7.44
Fiesta Restaurant 0.1 $2.9M 64k 45.59
M/i Homes Inc note 3.250% 9/1 0.1 $3.0M 2.5M 1.20
Seaworld Entertainment (PRKS) 0.1 $3.0M 100k 30.23
Flotek Industries 0.1 $2.8M 100k 27.85
D Tumi Holdings 0.1 $2.8M 124k 22.63
Homeaway 0.1 $2.4M 63k 37.67
Epl Oil & Gas 0.1 $1.9M 50k 38.60
Quinpario Acquisition Corp unit 99/99/9999 0.1 $1.9M 179k 10.90
Jos. A. Bank Clothiers 0.1 $1.9M 30k 64.30
Timmins Gold Corp 0.1 $1.9M 1.5M 1.24
Tower Group Inc conv 0.1 $1.9M 2.0M 0.94
Capitol Acquisition Corp Ii 0.1 $1.5M 155k 9.85
Silver Standard Res 0.1 $1.4M 139k 9.93
Meritor 0.1 $1.3M 109k 12.25
Tiptree Finl Inc cl a (TIPT) 0.1 $1.1M 150k 7.50
Cambridge Capital Acquistion 0.1 $1.1M 104k 10.09
Roi Acquisition Corp Ii 0.1 $1.2M 120k 9.70
Sirius Xm Holdings (SIRI) 0.0 $933k 292k 3.20
Cambridge Cap Acquisition 0.0 $1.0M 104k 9.69
Pacer International 0.0 $672k 75k 8.96
LCA-Vision 0.0 $669k 125k 5.35
National Interstate Corporation 0.0 $737k 28k 26.80
NCI Building Systems 0.0 $662k 38k 17.46
Quinpario Acquisition Corp *w exp 09/27/201 0.0 $603k 988k 0.61
Quartet Merger Corp right 99/99/9999 0.0 $656k 1.6M 0.41
Moly 0.0 $360k 77k 4.69
Infinity Cross Bo 0.0 $377k 490k 0.77
Silver Eagle Acquisition Cor Unit 99/99/9999 0.0 $389k 38k 10.35
Hennessy Capital Acquisition 0.0 $503k 50k 10.06
Levy Acquisition 0.0 $384k 40k 9.69
Hennessy Cap Acquisition Cor 0.0 $478k 50k 9.56
Transalta Corp (TAC) 0.0 $233k 20k 11.65
Mountain Province Diamonds (MPVDF) 0.0 $237k 50k 4.74
Infinity Cross Border Acquisition unit 0.0 $118k 14k 8.72
Superconductor Technologies 0.0 $188k 70k 2.71
Aquasition Corp *w exp 99/99/999 0.0 $128k 458k 0.28
Silver Bull Res 0.0 $103k 313k 0.33
Galena Biopharma 0.0 $31k 13k 2.48
Collabrium Japan Acquisitn C *w exp 99/99/999 0.0 $53k 382k 0.14
Cis Acquisition Ltd-class A wrt 0.0 $57k 249k 0.23
Silver Eagle Acquisition Cor w exp 07/26/202 0.0 $22k 31k 0.71
Roi Acquisition Corp Ii *w exp 99/99/999 0.0 $41k 94k 0.44
Cambridge Cap Acquisition Co w exp 12/23/201 0.0 $34k 81k 0.42
Hennessy Cap Acquisition Cor *w exp 01/23/201 0.0 $24k 50k 0.48