Zazove Associates

Zazove Associates as of Dec. 31, 2011

Portfolio Holdings for Zazove Associates

Zazove Associates holds 133 positions in its portfolio as reported in the December 2011 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Gilead Sciences Inc note 0.625% 5/0 4.2 $154M 132M 1.17
Goldcorp Inc New note 2.000% 8/0 4.2 $153M 125M 1.22
Alza Corp sdcv 7/2 4.1 $151M 161M 0.94
Arcelormittal Sa Luxembourg note 5.000% 5/1 3.6 $133M 126M 1.06
Liberty Media Corp bond 3.6 $131M 162M 0.81
Stanley Black & Decker Inc unit 99/99/9999 3.6 $131M 1.1M 117.62
Xilinx Inc Cvt 2.625 6-15-17 convert 3.5 $129M 101M 1.27
Newmont Mining Corp note 1.250% 7/1 3.2 $117M 84M 1.39
Teva Pharm Finance Llc Cvt cv bnd 3.0 $111M 108M 1.03
Sterlite Inds India Ltd note 4.000%10/3 2.9 $107M 135M 0.79
Allegheny Technologies Inc note 4.250% 6/0 2.8 $102M 73M 1.40
Symantec Corp note 1.000% 6/1 2.4 $88M 79M 1.12
Dominion Res Inc Va New debt 2.4 $86M 56M 1.53
Liberty Media Corp New deb 3.125% 3/3 2.3 $85M 75M 1.12
E M C Corp Mass note 1.750%12/0 2.2 $81M 56M 1.44
Exterran Hldgs Inc note 4.250% 6/1 2.2 $81M 91M 0.89
Netapp Inc note 1.750% 6/0 2.2 $79M 63M 1.26
Stanley Wks frnt 5/1 2.1 $78M 70M 1.11
Interpublic Group Cos Inc note 4.750% 3/1 2.1 $78M 71M 1.10
Old Rep Intl Corp note 8.000% 5/1 2.1 $77M 77M 1.00
Danaher Corp Del debt 2.0 $75M 54M 1.37
Enpro Industries Inc note 2.0 $73M 62M 1.18
Sothebys note 3.125% 6/1 2.0 $73M 64M 1.13
Omnicom Group Inc note 7/0 1.9 $69M 65M 1.06
Alliance Data Systems Corp note 1.750% 8/0 1.7 $61M 44M 1.38
Chesapeake Energy Corp note 2.500% 5/1 1.6 $58M 65M 0.89
Level 3 Communications Inc note 1.5 $55M 50M 1.09
Textron Inc note 4.500% 5/0 1.4 $53M 34M 1.54
Rayonier Trs Hldgs Inc note 3.750%10/1 1.3 $48M 38M 1.25
Steel Dynamics Inc note 5.125% 6/1 1.3 $46M 43M 1.09
Tyson Foods Inc note 3.250%10/1 1.2 $43M 33M 1.33
Affiliated Managers Group note 3.950% 8/1 1.1 $42M 39M 1.09
New York Cmnty Cap Tr V unit 99/99/9999 (FLG.PU) 1.0 $36M 848k 42.69
Mf Global Hldgs Ltd note 3.375% 8/0 0.9 $35M 105M 0.33
Continental Airls Inc note 4.500% 1/1 0.8 $30M 25M 1.21
Northgate Minerals Corp note 3.500%10/0 0.8 $29M 28M 1.04
School Specialty, Inc sdcv 3.750%11/3 0.7 $27M 37M 0.72
Mf Global Hldgs Ltd note 1.875% 2/0 0.7 $26M 77M 0.33
Prologis Inc note 3.250% 3/1 0.7 $25M 25M 1.03
Chemed Corp New note 1.875% 5/1 0.7 $25M 26M 0.94
Rite Aid Corp note 8.500% 5/1 0.6 $22M 24M 0.92
Agco Corp note 1.250%12/1 0.6 $22M 17M 1.25
Navistar Intl Corp New note 3.000%10/1 0.6 $22M 20M 1.08
Dryships Inc. note 5.000%12/0 0.6 $22M 31M 0.69
Wells Fargo & Company Non-cum Perpet cnv (WFC.PL) 0.6 $22M 20k 1055.98
Alliant Techsystems Inc note 3.000% 8/1 0.6 $21M 21M 1.03
Teleflex Inc note 3.875% 8/0 0.6 $21M 17M 1.21
Aspen Insurance Holdings Ltd pfd prp inc eq 0.5 $17M 320k 52.94
Headwaters Inc note 2.500% 2/0 0.5 $16M 20M 0.82
Hawaiian Holdings Inc conv 0.4 $14M 14M 1.00
Gilead Sciences conv 0.4 $15M 13M 1.14
Phh Corp note 4.000% 9/0 0.4 $14M 18M 0.81
Hutchinson Technology Inc note 8.500% 1/1 0.4 $14M 20M 0.71
Sba Communications Corp note 1.875% 5/0 0.4 $14M 12M 1.13
Jefferies Group Inc New dbcv 3.875%11/0 0.4 $14M 17M 0.83
China Med Technologies Inc note 6.250%12/1 0.4 $13M 36M 0.37
Cheniere Energy Inc note 2.250% 8/0 0.3 $11M 12M 0.94
China Med Technologies Inc note 4.000% 8/1 0.3 $11M 20M 0.58
Dendreon Corp note 0.3 $12M 16M 0.70
Jns 3.25% 7/15/2014 note 0.3 $11M 11M 0.99
Invitrogen Corp note 1.500% 2/1 0.3 $9.9M 9.9M 1.00
Amgen Inc note 0.375% 2/0 0.3 $10M 10M 1.00
Morgans Hotel Group Co note 2.375%10/1 0.2 $8.9M 11M 0.83
Delta Pete Corp note 3.750% 5/0 0.2 $8.7M 11M 0.79
Eastman Kodak Co note 7.000% 4/0 0.2 $8.5M 29M 0.29
Central European Dist Corp note 3.000% 3/1 0.2 $7.9M 9.7M 0.81
Medicis Pharmaceutical Corp note 2.500% 6/0 0.2 $8.0M 6.6M 1.21
Energy Conversion Devices In note 3.000% 6/1 0.2 $7.6M 17M 0.45
Emmis Communications Corp pfd cv ser a 0.2 $7.7M 492k 15.70
Thq Inc note 5.000% 8/1 0.2 $7.3M 15M 0.48
Covanta Holding Conv conv bnd 0.2 $6.9M 6.6M 1.05
Istar Finl Inc frnt 10/0 0.2 $6.7M 7.5M 0.90
Powerwave Technologies Inc note 3.875%10/0 0.2 $6.4M 13M 0.48
Central European Media sr nt cv 5%15 0.2 $6.3M 9.8M 0.64
United States Stl Corp New note 4.000% 5/1 0.2 $5.8M 5.3M 1.11
Gmx Res Inc note 4.500% 5/0 0.1 $5.5M 11M 0.48
Providence Svc Corp note 6.500% 5/1 0.1 $5.5M 5.6M 0.98
Gmx Res Inc note 5.000% 2/0 0.1 $5.3M 7.9M 0.67
United Rentals Inc note 4.000%11/1 0.1 $5.3M 1.9M 2.75
Cemex Sab conv 0.1 $5.6M 8.6M 0.65
Teva Pharmaceutical Industries (TEVA) 0.1 $5.2M 129k 40.36
Rentech Inc note 4.000% 4/1 0.1 $4.9M 5.1M 0.97
Notes 0.1 $4.4M 1.9M 2.26
Exide Technologies frnt 9/1 0.1 $3.6M 4.5M 0.81
Holdings Inc Note 5.25 0.1 $3.4M 2.2M 1.56
Mf Global Ltd note 9.000% 6/2 0.1 $3.2M 9.5M 0.34
Mylan Inc note 3.750% 9/1 0.1 $3.4M 1.9M 1.75
Icahn Enterprises Lp conv bnd 0.1 $3.2M 3.4M 0.95
Gilead Sciences conv 0.1 $3.3M 3.0M 1.09
Amr Corp note 6.250%10/1 0.1 $2.9M 13M 0.22
Sba Communications Corp note 4.000%10/0 0.1 $3.0M 1.9M 1.53
Usec Inc note 3.000%10/0 0.1 $3.1M 6.5M 0.47
CUBIST PHARM CONVERTIBLE security 0.1 $3.0M 2.0M 1.49
Novagold Res Inc bond 0.1 $2.8M 2.5M 1.12
E M C Corp Mass note 1.750%12/0 0.1 $2.7M 1.9M 1.39
Time Warner Telecom Inc dbcv 2.375% 4/0 0.1 $2.4M 2.0M 1.18
Alcoa Inc debt 0.1 $2.5M 1.7M 1.53
Endo Pharmaceuticals Hldgs I note 1.750% 4/1 0.1 $2.6M 2.0M 1.31
Annaly Cap Mgmt Inc note 4.000% 2/1 0.1 $2.7M 2.4M 1.14
Mcmoran Exploration Co note 5.250%10/0 0.1 $2.5M 2.3M 1.10
Lifepoint Hospitals Inc note 3.500% 5/1 0.1 $2.2M 2.1M 1.03
Nash Finch Co frnt 1.631% 3/1 0.1 $2.3M 5.1M 0.46
On Semiconductor Corp note 4/1 0.1 $2.0M 2.0M 1.02
Linear Technology Corp note 3.000% 5/0 0.1 $2.0M 2.0M 1.02
Aar Corp note 1.750% 2/0 0.1 $2.2M 2.2M 1.00
Charles Riv Labs Intl Inc note 2.250% 6/1 0.1 $2.1M 2.2M 0.97
Level 3 Communications Inc note 6.500%10/0 0.1 $2.3M 1.9M 1.22
Illumina Inc note 0.625% 2/1 0.1 $2.3M 1.5M 1.50
National Retail Properties I note 3.950% 9/1 0.1 $2.2M 1.9M 1.12
Rayonier Inc conv 0.1 $2.1M 1.5M 1.42
Greatbatch Inc sdcv 2.250% 6/1 0.1 $1.9M 1.9M 0.98
Newpark Res Inc note 4.000%10/0 0.1 $1.9M 1.7M 1.15
K V Pharmaceutical Co note 2.500% 5/1 0.0 $1.3M 4.7M 0.28
Live Nation Entertainment In note 2.875% 7/1 0.0 $1.1M 1.3M 0.88
Radio One 0.0 $1.0M 1.0M 1.00
DURECT Corporation 0.0 $1.0M 885k 1.18
Arvinmeritor Inc frnt 4.625% 3/0 0.0 $750k 1.0M 0.75
Liberty Media Corp deb 3.500% 1/1 0.0 $764k 1.3M 0.57
Hologic (HOLX) 0.0 $609k 35k 17.50
International Game Technology 0.0 $774k 45k 17.20
Symantec Corporation 0.0 $654k 42k 15.65
Interoil Corp note 2.750%11/1 0.0 $790k 1.0M 0.79
A123 Sys Inc note 3.750% 4/1 0.0 $900k 2.5M 0.36
Fibertower Corp note 9.000%11/1 0.0 $370k 4.1M 0.09
Iridium Communications (IRDM) 0.0 $328k 43k 7.70
Bank Of America Corporation preferred (BAC.PL) 0.0 $546k 695.00 785.61
FiberTower (FTWR) 0.0 $297k 1.4M 0.21
Pmi Group Inc note 4.500% 4/1 0.0 $496k 2.4M 0.21
General Motors Company (GM) 0.0 $224k 11k 20.24
Newmont Mining Corp Cvt cv bnd 0.0 $230k 160k 1.44
Fly Leasing 0.0 $277k 22k 12.54
Life Technologies 0.0 $124k 3.2k 38.86
Prologis Inc Cvt 2.625 05-15-3 convert 0.0 $109k 110k 0.99