Southpaw Asset Management

Southpaw Asset Management as of Sept. 30, 2011

Portfolio Holdings for Southpaw Asset Management

Southpaw Asset Management holds 28 positions in its portfolio as reported in the September 2011 quarterly 13F filing

Company (Ticker)
Portfolio Weight
Valued At
Change in Shares
Share Count
Share Price
Kinross Gold Corp note 1.750% 3/1 13.3 $26M 26M 0.99
Mcmoran Exploration Co. Cv. Sr conv 13.1 $26M 25M 1.02
Arvinmeritor Inc frnt 4.625% 3/0 13.0 $25M 33M 0.76
Magnachip Semiconductor Corp (MX) 8.1 $16M 2.3M 6.72
United Rentals North Amer In note 1.875%10/1 7.5 $15M 15M 0.99
Sesi L L C frnt 1.500%12/1 7.4 $14M 14M 1.00
Intel Corp sdcv 6.0 $12M 11M 1.02
ProShares UltraShort S&P500 5.9 $12M 450k 25.49
Equinix Inc note 2.500% 4/1 5.0 $9.8M 9.7M 1.01
Mylan Inc note 1.250% 3/1 4.0 $7.9M 7.9M 1.00
D R Horton Inc note 2.000% 5/1 3.9 $7.7M 7.7M 1.00
Rambus Inc Del note 5.000% 6/1 3.9 $7.6M 6.9M 1.10
Rambus (RMBS) 2.5 $4.8M 342k 14.00
Sprott Physical Gold Trust (PHYS) 1.8 $3.5M 249k 14.03
Hornbeck Offshore Svcs Inc N frnt 1.625%11/1 1.0 $2.0M 2.1M 0.93
General Mtrs Co jr pfd cnv srb 0.8 $1.5M 42k 35.07
Mf Global Hldgs Ltd note 3.375% 8/0 0.7 $1.3M 1.7M 0.78
YRC Worldwide 0.7 $1.3M 26M 0.05
General Mtrs Co *w exp 07/10/201 0.6 $1.2M 106k 11.64
General Mtrs Co *w exp 07/10/201 0.3 $625k 79k 7.93
Ultralife (ULBI) 0.1 $200k 40k 4.95
Dendreon Corp note 0.1 $180k 250k 0.72
Charming Shoppes 0.1 $130k 50k 2.60
Boise 0.1 $110k 21k 5.16
Sonus Networks 0.1 $108k 50k 2.16
Meritor 0.1 $106k 15k 7.07
Intevac (IVAC) 0.0 $84k 12k 7.00
Applied Micro Circuits Corporation 0.0 $81k 15k 5.40