Raven Rock Capital Management

Raven Rock Credit Master Fund as of June 30, 2013

Portfolio Holdings for Raven Rock Credit Master Fund

Raven Rock Credit Master Fund holds 26 positions in its portfolio as reported in the June 2013 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Tesla Mtrs Note 1.500% 6/0 (Principal) 9.5 $5.6M 5.0M 1.13
Gencorp SDCV 4.062%12/3 (Principal) 7.7 $4.6M 2.5M 1.85
Insulet Corp Note 3.750% 6/1 (Principal) 6.2 $3.7M 2.8M 1.31
Theravance Note 2.125% 1/1 (Principal) 5.2 $3.1M 2.0M 1.54
Encore Cap Group Note 3.000%11/2 (Principal) 5.1 $3.0M 2.5M 1.21
Exelixis Note 4.250% 8/1 (Principal) 4.9 $2.9M 3.0M 0.96
Tyson Foods Note 3.250%10/1 (Principal) 4.9 $2.9M 1.9M 1.53
Genesee & Wyo Unit 10/01/2015 (Principal) 4.8 $2.8M 24k 119.81
M/i Homes Note 3.250% 9/1 (Principal) 4.3 $2.5M 2.1M 1.22
General Cable Corp Del FRNT 4.500%11/1 (Principal) 4.1 $2.4M 2.2M 1.11
Verisign SDCV 3.250% 8/1 (Principal) 3.9 $2.3M 1.6M 1.41
Onyx Pharmaceuticals Note 4.000% 8/1 (Principal) 3.9 $2.3M 1.0M 2.28
Cubist Pharmaceuticals Note 2.500%11/0 (Principal) 3.7 $2.2M 1.3M 1.75
Vector Group FRNT 1/1 (Principal) 3.7 $2.2M 1.8M 1.18
Mentor Graphics Corp SDCV 4.000% 4/0 (Principal) 3.7 $2.2M 1.8M 1.21
Stone Energy Corp Note 1.750% 3/0 (Principal) 3.4 $2.0M 2.2M 0.92
Cobalt Intl Energy Note 2.625%12/0 (Principal) 3.1 $1.8M 1.7M 1.06
Accuray Note 3.500% 2/0 (Principal) 2.9 $1.7M 1.3M 1.26
Newpark Res Note 4.000%10/0 (Principal) 2.7 $1.6M 1.3M 1.28
Rti Intl Metals Note 1.625%10/1 (Principal) 2.6 $1.6M 1.6M 0.95
Equinix Note 4.750% 6/1 (Principal) 2.3 $1.4M 600k 2.27
Fidelity National Financial Note 4.250% 8/1 (Principal) 2.2 $1.3M 1.0M 1.31
Salix Pharmaceuticals Note 1.500% 3/1 (Principal) 2.1 $1.3M 1.1M 1.20
Affymetrix Note 4.000% 7/0 (Principal) 1.8 $1.0M 1.0M 1.04
L-3 Communications Corp Debt 3.000% 8/0 (Principal) 0.9 $509k 500k 1.02
Thompson Creek Metals Unit 99/99/9999 (Principal) 0.4 $228k 14k 16.29