Waterstone Capital Management

Waterstone Capital Management as of March 31, 2013

Portfolio Holdings for Waterstone Capital Management

Waterstone Capital Management holds 38 positions in its portfolio as reported in the March 2013 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Verisign Inc sdcv 3.250% 8/1 17.5 $256M 173M 1.48
Microchip Technology Inc sdcv 2.125%12/1 13.3 $195M 137M 1.42
Exterran Hldgs Inc note 4.250% 6/1 6.8 $99M 78M 1.27
Cobalt Intl Energy Inc note 6.4 $93M 83M 1.12
Chesapeake Energy Corp note 2.500% 5/1 6.3 $91M 96M 0.95
Xilinx Inc sdcv 3.125% 3/1 6.2 $90M 68M 1.34
Advanced Micro Devices Inc note 6.000% 5/0 4.4 $64M 64M 1.00
Lucent Technologies Inc dbcv 2.875% 6/1 4.0 $59M 59M 1.00
New York Cmnty Cap Tr V unit 99/99/9999 (FLG.PU) 3.7 $55M 1.1M 48.98
Dendreon Corp note 3.0 $44M 56M 0.79
priceline.com Incorporated 3.0 $44M 63k 688.16
General Motors Company (GM) 2.6 $37M 1.3M 27.82
State Street Bank Financial 2.4 $35M 2.2M 16.37
Aspen Insurance Holdings Ltd pfd prp inc eq 2.4 $35M 523k 66.48
Starwood Property Trust note 2.4 $35M 32M 1.10
Air Lease Corp (AL) 2.0 $30M 1.0M 29.32
Hornbeck Offshore Svcs Inc N frnt 1.625%11/1 1.7 $25M 23M 1.08
United Therapeutics Corporation (UTHR) 1.4 $21M 343k 60.87
Hologic (HOLX) 1.4 $20M 898k 22.60
Standard Pacific 1.2 $17M 2.0M 8.64
Zions Bancorporation *w exp 05/22/202 1.1 $16M 3.3M 4.70
Synovus Finl Corp unit 99/99/9999 0.9 $14M 558k 24.20
Freeport-McMoRan Copper & Gold (FCX) 0.8 $12M 350k 33.10
US Airways 0.8 $11M 650k 16.97
CareFusion Corporation 0.7 $11M 300k 34.99
Fnb United 0.7 $10M 1.1M 9.76
Lam Research Corporation 0.6 $9.2M 223k 41.46
Two Hbrs Invt Corp *w exp 07/13/201 0.4 $6.4M 2.4M 2.68
Ciena Corporation (CIEN) 0.4 $5.7M 358k 16.01
Masimo Corporation (MASI) 0.4 $5.4M 275k 19.62
Netapp Inc note 1.750% 6/0 0.3 $5.0M 4.6M 1.09
Cumulus Media 0.3 $4.1M 1.2M 3.37
Jarden Corporation 0.2 $3.6M 85k 42.85
E.W. Scripps Company (SSP) 0.2 $2.8M 234k 12.03
Doral Financial 0.1 $865k 1.2M 0.70
Old Republic International Corporation (ORI) 0.0 $572k 45k 12.71
Sanofi Aventis Wi Conval Rt 0.0 $489k 273k 1.79
Chesapeake Energy Corp note 2.250%12/1 0.0 $334k 375k 0.89