Polar Securities as of March 31, 2011
Portfolio Holdings for Polar Securities
Polar Securities holds 113 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) | 4.4 | $53M | 400k | 132.59 | |
| Holdings Inc Note 5.25 | 4.2 | $51M | 25M | 2.02 | |
| Silver Wheaton Corp | 4.1 | $50M | 1.2M | 43.36 | |
| Liberty Global Inc note 4.500% 11/1 | 3.6 | $44M | 26M | 1.70 | |
| Sxc Health Solutions Corp | 3.5 | $42M | 761k | 54.80 | |
| Group Cgi Cad Cl A | 3.4 | $42M | 2.0M | 20.93 | |
| E M C Corp Mass note 1.750%12/0 | 2.8 | $34M | 20M | 1.70 | |
| Netapp Inc note 1.750% 6/0 | 2.6 | $32M | 20M | 1.58 | |
| Kinross Gold Corp (KGC) | 2.5 | $30M | 1.9M | 15.75 | |
| Endo Pharmaceuticals Hldgs I note 1.750% 4/1 | 2.1 | $25M | 18M | 1.41 | |
| Equifax (EFX) | 2.1 | $25M | 641k | 38.85 | |
| Borgwarner Inc note 3.500% 4/1 | 2.0 | $25M | 10M | 2.45 | |
| Republic Services (RSG) | 1.6 | $20M | 661k | 30.04 | |
| Celestica (CLS) | 1.6 | $20M | 1.8M | 10.72 | |
| First Majestic Silver Corp (AG) | 1.6 | $19M | 909k | 21.24 | |
| Halliburton Company (HAL) | 1.6 | $19M | 378k | 49.84 | |
| Stantec (STN) | 1.6 | $19M | 627k | 30.01 | |
| Research In Motion | 1.5 | $19M | 328k | 56.54 | |
| Ford Mtr Co Del note 4.250%11/1 | 1.5 | $18M | 10M | 1.82 | |
| MasterCard Incorporated (MA) | 1.4 | $17M | 69k | 251.72 | |
| Cognex Corporation (CGNX) | 1.4 | $17M | 617k | 28.25 | |
| Paccar (PCAR) | 1.4 | $17M | 324k | 52.36 | |
| Fronteer Gold | 1.4 | $17M | 1.1M | 15.07 | |
| PSS World Medical | 1.2 | $15M | 557k | 27.11 | |
| IDEX Corporation (IEX) | 1.2 | $14M | 328k | 43.65 | |
| IAC/InterActive | 1.2 | $14M | 462k | 30.91 | |
| Yamana Gold | 1.2 | $14M | 1.1M | 12.31 | |
| Verisk Analytics (VRSK) | 1.1 | $14M | 417k | 32.76 | |
| Microsoft Corporation (MSFT) | 1.1 | $14M | 530k | 25.39 | |
| Chevron Corporation (CVX) | 1.1 | $14M | 125k | 107.49 | |
| Sprott Physical Gold Trust (PHYS) | 1.1 | $14M | 1.1M | 12.64 | |
| CVS Caremark Corporation (CVS) | 1.1 | $13M | 390k | 34.32 | |
| FedEx Corporation (FDX) | 1.1 | $13M | 142k | 93.55 | |
| Comcast Corporation (CMCSA) | 1.1 | $13M | 526k | 24.72 | |
| Electronics For Imaging | 1.1 | $13M | 870k | 14.71 | |
| Citi | 1.0 | $12M | 2.7M | 4.42 | |
| Oil Sts Intl Inc note 2.375% 7/0 | 1.0 | $12M | 5.0M | 2.41 | |
| Market Vectors Junior Gold Miners ETF | 0.9 | $11M | 289k | 39.22 | |
| Equinix Inc note 4.750% 6/1 | 0.9 | $11M | 8.0M | 1.35 | |
| Ivanhoe Mines | 0.9 | $11M | 388k | 27.46 | |
| Fidelity National Information Services (FIS) | 0.9 | $11M | 320k | 32.69 | |
| Nordstrom (JWN) | 0.9 | $10M | 231k | 44.88 | |
| Complete Production Services | 0.9 | $10M | 328k | 31.81 | |
| Macy's (M) | 0.8 | $10M | 425k | 24.26 | |
| Ens | 0.8 | $9.7M | 168k | 57.84 | |
| Agilent Technologies Inc C ommon (A) | 0.8 | $9.7M | 216k | 44.78 | |
| Ansys (ANSS) | 0.8 | $9.4M | 174k | 54.19 | |
| Novagold Res Inc bond | 0.8 | $9.0M | 6.0M | 1.50 | |
| Western Union Company (WU) | 0.7 | $8.9M | 426k | 20.77 | |
| Mueller Industries (MLI) | 0.7 | $8.9M | 242k | 36.62 | |
| Life Technologies | 0.7 | $8.9M | 169k | 52.42 | |
| Hudson Highland | 0.7 | $8.6M | 1.3M | 6.50 | |
| Firstservice Corp sdcv 6.500%12/3 | 0.7 | $8.7M | 5.9M | 1.48 | |
| Dendreon Corp note | 0.7 | $8.6M | 8.0M | 1.07 | |
| Penn West Energy Trust | 0.7 | $8.5M | 307k | 27.70 | |
| Lincare Hldgs Inc note 2.750%11/0 | 0.7 | $8.3M | 7.0M | 1.19 | |
| Sirona Dental Systems | 0.7 | $8.0M | 160k | 50.16 | |
| 99 Cents Only Stores | 0.6 | $7.8M | 396k | 19.60 | |
| Quanta Services (PWR) | 0.6 | $7.4M | 330k | 22.43 | |
| Lincoln Electric Holdings (LECO) | 0.6 | $7.2M | 95k | 75.92 | |
| Acxiom Corporation | 0.6 | $6.8M | 472k | 14.35 | |
| Roadrunner Transportation Services Hold. | 0.6 | $6.7M | 446k | 15.00 | |
| Bank of America Corporation (BAC) | 0.5 | $6.5M | 491k | 13.33 | |
| Wendy's Arby's | 0.5 | $6.6M | 1.3M | 5.03 | |
| Savient Pharmaceuticals note | 0.5 | $6.0M | 5.0M | 1.19 | |
| Australia Acquisition Corp | 0.5 | $5.8M | 600k | 9.64 | |
| VELTI PLC ST Helier | 0.5 | $5.6M | 447k | 12.59 | |
| InterContinental Hotels | 0.4 | $5.4M | 258k | 20.73 | |
| Gildan Activewear Inc Com Cad (GIL) | 0.4 | $5.3M | 163k | 32.77 | |
| Triangle Petroleum Corporation | 0.4 | $5.4M | 645k | 8.30 | |
| Heartware Intl Inc note 3.500%12/1 | 0.4 | $5.0M | 4.5M | 1.11 | |
| Aviat Networks | 0.4 | $4.9M | 940k | 5.17 | |
| FEI Company | 0.4 | $4.7M | 141k | 33.72 | |
| Cott Corp | 0.4 | $4.4M | 523k | 8.40 | |
| West Marine | 0.4 | $4.3M | 416k | 10.43 | |
| Invesco Mortgage Capital | 0.4 | $4.3M | 197k | 21.85 | |
| Wet Seal | 0.3 | $4.1M | 955k | 4.28 | |
| Iridium Communications (IRDM) | 0.3 | $4.1M | 510k | 7.98 | |
| Ruth's Hospitality | 0.3 | $4.0M | 775k | 5.16 | |
| EnerNOC | 0.3 | $3.8M | 200k | 19.11 | |
| Capital Gold Corporation | 0.3 | $3.9M | 600k | 6.43 | |
| Bunge | 0.3 | $3.6M | 50k | 72.34 | |
| Cazador Acquisition Corporat | 0.3 | $3.7M | 380k | 9.68 | |
| Imris (IMRSQ) | 0.3 | $3.4M | 468k | 7.26 | |
| Firstservice Cad Sub Vtg | 0.2 | $2.6M | 77k | 34.03 | |
| Imperial Oil (IMO) | 0.2 | $2.6M | 51k | 51.07 | |
| Ints Intl | 0.2 | $2.6M | 287k | 8.97 | |
| SPROTT RESOURCE Lending Corp | 0.2 | $2.4M | 1.3M | 1.77 | |
| Bravo Brio Restaurant | 0.2 | $2.3M | 132k | 17.69 | |
| Dynex Capital | 0.2 | $2.2M | 222k | 10.06 | |
| Vermillion | 0.2 | $2.2M | 477k | 4.60 | |
| Joy Global | 0.2 | $2.0M | 20k | 98.82 | |
| Two Harbors Investment | 0.2 | $1.9M | 180k | 10.47 | |
| Green Mountain Coffee Roasters | 0.2 | $1.9M | 30k | 64.60 | |
| Barrick Gold Corp (GOLD) | 0.1 | $1.6M | 25k | 62.89 | |
| Frontier Oil Corporation | 0.1 | $1.5M | 50k | 29.32 | |
| Atmel Corporation | 0.1 | $1.4M | 100k | 13.63 | |
| Enbridge (ENB) | 0.1 | $1.3M | 21k | 61.46 | |
| Cbeyond | 0.1 | $1.2M | 100k | 11.67 | |
| iShares MSCI Germany Index Fund (EWG) | 0.1 | $1.2M | 45k | 25.96 | |
| Liquidity Services (LQDT) | 0.1 | $1.0M | 58k | 17.85 | |
| Gold Reserve | 0.1 | $727k | 425k | 1.71 | |
| KVH Industries (KVHI) | 0.1 | $625k | 41k | 15.12 | |
| Great Wolf Resorts | 0.0 | $509k | 241k | 2.11 | |
| Boston Scientific Corporation (BSX) | 0.0 | $355k | 49k | 7.19 | |
| Annaly Capital Management | 0.0 | $262k | 15k | 17.47 | |
| Nile Therapeutics | 0.0 | $246k | 300k | 0.82 | |
| AUSTRALIA ACQUISITION Corp *w Exp99/99/999 warrant | 0.0 | $192k | 600k | 0.32 | |
| Saks Incorporated | 0.0 | $170k | 15k | 11.33 | |
| Cazador Acquisition Corporat *w exp 99/99/999 | 0.0 | $171k | 380k | 0.45 | |
| Armour Residential Reit Inc *w exp 11/07/201 | 0.0 | $18k | 306k | 0.06 | |
| Westway Group Inc *w exp 05/24/201 | 0.0 | $32k | 530k | 0.06 | |
| Nile Therapeutics Inc *w exp 99/99/999 | 0.0 | $30k | 90k | 0.33 |
