RWC Asset Management

RWC Asset Management as of March 31, 2011

Portfolio Holdings for RWC Asset Management

RWC Asset Management holds 104 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
Wendy's Arby's 3.1 $27M 5.3M 5.03
Tech Data Corp dbcv 2.750%12/1 3.1 $26M 24M 1.08
Ens 3.0 $25M 438k 57.84
Medtronic Inc note 1.625% 4/1 2.8 $24M 23M 1.03
Archer Daniels Midland Co note 0.875% 2/1 2.5 $21M 19M 1.11
Republic Services (RSG) 2.5 $21M 702k 30.04
HEALTH CR REIT CONVERTIBLE security 2.3 $20M 17M 1.14
Linear Technology Corp note 3.000% 5/0 2.3 $19M 18M 1.07
Oracle Corporation (ORCL) 2.2 $19M 562k 33.43
Mylan Inc note 1.250% 3/1 2.2 $19M 17M 1.10
Tesoro Corporation 2.2 $19M 697k 26.83
Waste Management (WM) 2.2 $18M 488k 37.34
Baker Hughes Incorporated 2.1 $18M 244k 73.43
Intel Corp sdcv 1.9 $17M 16M 1.03
Lowe's Companies (LOW) 1.8 $15M 577k 26.43
Hershey Company (HSY) 1.8 $15M 281k 54.35
Interpublic Group Cos Inc note 4.250% 3/1 1.8 $15M 13M 1.15
Symantec Corp note 1.000% 6/1 1.7 $15M 12M 1.21
Equinix Inc note 2.500% 4/1 1.7 $14M 14M 1.04
Equinix Inc note 3.000%10/1 1.7 $14M 13M 1.08
Pfizer (PFE) 1.6 $14M 688k 20.31
Boston Pptys Ltd Partnership note 3.750% 5/1 1.6 $14M 12M 1.15
Celanese Corporation (CE) 1.5 $13M 293k 44.37
Dow Chemical Company 1.5 $13M 343k 37.75
Jos. A. Bank Clothiers 1.5 $13M 254k 50.88
OpenTable 1.5 $13M 120k 106.35
Baidu (BIDU) 1.4 $12M 86k 137.81
Affiliated Managers Group note 3.950% 8/1 1.4 $12M 10M 1.18
Rayonier Trs Hldgs Inc note 3.750%10/1 1.4 $11M 9.5M 1.20
Sba Communications Corp note 1.875% 5/0 1.4 $11M 10M 1.14
Sandisk Corp note 1.500% 8/1 1.3 $11M 10M 1.13
Merck & Co (MRK) 1.3 $11M 337k 33.01
Gilead Sciences Inc note 0.625% 5/0 1.3 $11M 9.0M 1.22
HSN 1.3 $11M 343k 32.03
Mohawk Industries (MHK) 1.3 $11M 178k 61.15
Valero Energy Corporation (VLO) 1.3 $11M 367k 29.82
OfficeMax Incorporated 1.3 $11M 825k 12.94
Petrohawk Energy Corporation 1.2 $11M 426k 24.54
Anheuser-Busch InBev NV (BUD) 1.2 $10M 181k 57.17
Textron (TXT) 1.2 $10M 378k 27.39
Vornado Rlty L P debt 1.2 $10M 9.0M 1.12
Eli Lilly & Co. (LLY) 1.1 $9.7M 277k 35.17
Microsoft Corporation (MSFT) 1.1 $9.5M 374k 25.39
CSX Corporation (CSX) 1.1 $8.9M 113k 78.60
Stanley Wks frnt 5/1 1.0 $8.3M 7.0M 1.18
Chemtura Corporation 1.0 $8.3M 480k 17.20
Chesapeake Energy Corp note 2.750%11/1 1.0 $8.2M 7.0M 1.17
Massey Energy Co note 3.250% 8/0 0.9 $8.0M 7.0M 1.14
Goodyear Tire & Rubber Company (GT) 0.9 $7.9M 529k 14.98
Penn National Gaming (PENN) 0.9 $7.9M 214k 37.06
Dollar Thrifty Automotive 0.9 $7.8M 116k 66.73
WABCO Holdings 0.9 $7.6M 123k 61.64
Alliance Data Systems Corp note 1.750% 8/0 0.8 $7.2M 6.0M 1.20
Apple (AAPL) 0.8 $6.8M 20k 348.51
International Paper Company (IP) 0.8 $6.6M 219k 30.18
Terex Corporation (TEX) 0.8 $6.5M 176k 37.04
Micron Technology Inc note 1.875% 6/0 0.7 $5.9M 5.5M 1.07
E M C Corp Mass note 1.750%12/0 0.7 $5.8M 3.5M 1.67
Dick's Sporting Goods (DKS) 0.7 $5.5M 137k 39.98
Dendreon Corp note 0.6 $5.3M 5.0M 1.05
TD Ameritrade Holding 0.6 $5.1M 246k 20.87
Virgin Media Inc note 6.500%11/1 0.6 $5.1M 3.0M 1.69
Newmont Mining Corp note 3.000% 2/1 0.6 $5.0M 4.0M 1.26
Forest Oil Corporation 0.6 $5.0M 131k 37.83
Office Depot 0.6 $5.0M 1.1M 4.63
Goldcorp Inc New note 2.000% 8/0 0.6 $4.8M 4.0M 1.21
Jds Uniphase Corp note 1.000% 5/1 0.5 $4.3M 4.0M 1.08
Honeywell International (HON) 0.5 $4.2M 70k 59.71
MGM Resorts International. (MGM) 0.5 $4.1M 314k 13.15
Peabody Energy Corp sdcv 4.750%12/1 0.5 $4.0M 3.0M 1.33
Sandisk Corp note 1.000% 5/1 0.5 $3.9M 4.0M 0.98
General Electric Company 0.5 $3.9M 195k 20.05
Onyx Pharmaceuticals Inc note 4.000% 8/1 0.4 $3.5M 3.0M 1.17
Chesapeake Energy Corp note 2.500% 5/1 0.4 $3.3M 3.0M 1.10
Dell 0.3 $2.8M 190k 14.51
Alpha Natural Resources Inc note 2.375% 4/1 0.3 $2.7M 2.0M 1.35
Microchip Technology Inc sdcv 2.125%12/1 0.3 $2.7M 2.0M 1.37
Watsco, Incorporated (WSO) 0.3 $2.6M 38k 69.71
Johnson & Johnson (JNJ) 0.3 $2.4M 41k 59.25
Calpine Corporation 0.1 $736k 3.1k 240.00
MGM Resorts International. (MGM) 0.1 $506k 22k 23.00
Liberty Media 0.1 $442k 5.7k 77.60
Cablevision Systems Corporation 0.1 $426k 12k 34.61
Google 0.0 $323k 550.00 586.76
New Oriental Education & Tech 0.0 $303k 3.0k 100.07
Spdr S&p 500 Etf (SPY) 0.0 $250k 10k 25.00
Forest Oil Corporation 0.0 $288k 7.6k 37.83
Qualcomm (QCOM) 0.0 $274k 5.0k 54.83
EMC Corporation 0.0 $213k 8.0k 26.56
Intuit (INTU) 0.0 $223k 4.2k 53.11
SanDisk Corporation 0.0 $277k 6.0k 46.09
Virgin Media 0.0 $222k 8.0k 27.79
Citrix Systems 0.0 $132k 1.8k 73.46
Texas Instruments Incorporated (TXN) 0.0 $138k 4.0k 34.56
Ctrip.com International 0.0 $208k 5.0k 41.49
PMC-Sierra 0.0 $195k 26k 7.51
SuccessFactors 0.0 $156k 4.0k 39.09
American Tower Corporation 0.0 $109k 2.1k 51.82
Apple (AAPL) 0.0 $94k 200.00 471.00
Broadcom Corporation 0.0 $118k 3.0k 39.38
Veeco Instruments (VECO) 0.0 $122k 2.4k 50.84
Spdr S&p 500 Etf (SPY) 0.0 $2.1k 100.00 21.00
TiVo 0.0 $6.5k 50.00 129.00
Camelot Information Systems 0.0 $39k 2.3k 16.59