DINSMORE CAPITAL MANAGEMENT CO/NJ
Follow13F filer, CIK 1014776, Morristown, NJ
DINSMORE CAPITAL MANAGEMENT CO/NJ reported $246,683,000 across 136 holdings for the quarter ended 2013-12-31, in a 13F-HR filed 2014-02-14. Its ten largest share positions make up 18.26% of the portfolio.
Filed (acceptance time not in the bulk data set), ingested 13F-HR 0001145443-14-000181
- Period
- 2013-12-31
- Reported value
- $247M
- Holdings
- 136
- Top 10 weight
- 18.26%
- New
- 29
- Sold out
- 19
Largest buys vs the previous quarter
| Security | Shares change | Approx. value |
|---|---|---|
| CROWN CASTLE CNV PFDnew | +25,000 | $2.5M |
| E M C CORP MASSnew | +60,000 | $1.51M |
| CAGnew | +30,000 | $1.01M |
| Post Holdings, Inc.new | +10,000 | $1M |
| GENERAL ELEC COnew | +30,000 | $841K |
Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.
Largest sells vs the previous quarter
| Security | Shares change | Approx. value |
|---|---|---|
| PPL CORPexited | -50,000 | -$2.69M |
| UNISYS CORPexited | -20,000 | -$1.39M |
| 2010 Swift MandCommon Exch …exited | -60,000 | -$1.01M |
| STANLEY BLACK & DECKER CONreduced | -4,400 | -$546K |
Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.
Holdings, Q4 2013
Share positions as resolved from 13F-HR 0001145443-14-000181, largest first. % of portfolio is the value over $246,683,000, the sum of the share positions whose value is usable for ratios (method).
| Security | History | Shares | Value | % of portfolio | Change | Latest event | Timeline |
|---|---|---|---|---|---|---|---|
| UNITED TECHNOLOGIES CORPUNITED TECHNOLOGIES CORP | 80,000 | $5.24M | 2.12% | 0 | |||
| WELLS FARGO & COWELLS FARGO & CO | 4,000 | $4.42M | 1.79% | 0 | |||
| Bank of America Corp.Bank of America Corp. | 3,400 | $3.61M | 1.46% | 0 | The CUSIP as filed is malformed. | ||
| Chesapeake Energy Corp.Chesapeake Energy Corp. | 3,100 | $3.6M | 1.46% | 0 | |||
| Weyerhaeuser Co.Weyerhaeuser Co. | 60,000 | $3.35M | 1.36% | 0 | |||
| HUNTINGTON BANCSHARES INCHUNTINGTON BANCSHARES INC | 2,500 | $3.17M | 1.29% | 0 | |||
| GENESEE & WYO INCGENESEE & WYO INC | 20,000 | $2.57M | 1.04% | 0 | |||
| CROWN CASTLE CNV PFDCROWN CASTLE CNV PFD | 25,000 | $2.5M | 1.01% | new | |||
| TAT&T INC | 70,000 | $2.46M | 1% | 0 | Timeline | ||
| FLG-PUFLAGSTAR BANK NATIONAL ASSOC | 48,000 | $2.36M | 0.96% | 0 | Timeline | ||
| Nextera Energy, Inc.Nextera Energy, Inc. | 40,000 | $2.27M | 0.92% | 0 | |||
| METLIFE INCMETLIFE INC | 65,000 | $2.05M | 0.83% | 0 | |||
| HEALTH CARE REIT INC CONV 6…HEALTH CARE REIT INC CONV 6.50 | 40,000 | $2.05M | 0.83% | 0 | |||
| Maiden Holdings, Ltd.Maiden Holdings, Ltd. | 45,000 | $2.02M | 0.82% | 0 | |||
| Post Holdings, Inc.Post Holdings, Inc. | 16,600 | $2M | 0.81% | 0 | |||
| METMETLIFE INC | 36,855 | $1.99M | 0.81% | 0 | Timeline | ||
| STANLEY BLACK & DECKER CONSTANLEY BLACK & DECKER CON | 15,600 | $1.94M | 0.78% | -4,400 | |||
| COPCONOCOPHILLIPS | 26,782 | $1.89M | 0.77% | 0 | Timeline | ||
| MRKMERCK & CO INC | 32,651 | $1.63M | 0.66% | 0 | Timeline | ||
| Bunge LimitedBunge Limited | 15,000 | $1.61M | 0.65% | 0 | |||
| Halcon Resources Corp.Halcon Resources Corp. | 2,000 | $1.61M | 0.65% | 0 | |||
| Amerivon Holdings LLCAmerivon Holdings LLC | 1,287,032 | $1.53M | 0.62% | +32,738 | |||
| E M C CORP MASSE M C CORP MASS | 60,000 | $1.51M | 0.61% | new | |||
| VZVERIZON COMMUNICATIONS INC | 30,000 | $1.47M | 0.6% | 0 | Timeline | ||
| DOMINION RES INC VA NEWDOMINION RES INC VA NEW | 25,000 | $1.35M | 0.55% | 0 | |||
| DOMINION RES INC VA NEWDOMINION RES INC VA NEW | 25,000 | $1.35M | 0.55% | 0 | |||
| ABBVABBVIE INC | 25,000 | $1.32M | 0.54% | +5,000 | Timeline | ||
| MSFTMICROSOFT CORP | 33,600 | $1.26M | 0.51% | 0 | Timeline | ||
| PFEPFIZER INC | 40,000 | $1.23M | 0.5% | 0 | Timeline | ||
| DISDISNEY WALT CO | 15,000 | $1.15M | 0.46% | 0 | Timeline | ||
| CCITIGROUP INC | 19,546 | $1.02M | 0.41% | 0 | Timeline | ||
| CAGCONAGRA BRANDS INC | 30,000 | $1.01M | 0.41% | new | Timeline | ||
| NEXTERA ENERGY INCNEXTERA ENERGY INC | 20,000 | $1M | 0.41% | 0 | |||
| Post Holdings, Inc.Post Holdings, Inc. | 10,000 | $1M | 0.41% | new | |||
| Nextera Energy IncNextera Energy Inc | 15,000 | $864K | 0.35% | 0 | |||
| GENERAL ELEC COGENERAL ELEC CO | 30,000 | $841K | 0.34% | new | |||
| FFORD MTR CO | 50,000 | $772K | 0.31% | new | Timeline | ||
| LLYELI LILLY & CO | 15,000 | $765K | 0.31% | 0 | Timeline | ||
| INTCINTEL CORP | 25,000 | $649K | 0.26% | 0 | Timeline | ||
| BMYBRISTOL-MYERS SQUIBB CO | 10,000 | $532K | 0.22% | 0 | Timeline | ||
| STANLEY BLACK & DECKER INCSTANLEY BLACK & DECKER INC | 5,000 | $514K | 0.21% | new | |||
| Amerivon Holdings LLCAmerivon Holdings LLC | 545,456 | $33K | 0.01% | 0 | |||
| HALCON RES CORPHALCON RES CORP | 96 | $0 | 0% | -4,858 | Value filed as zero, left out of ratios. |
Principal amounts
Notes and convertibles filed as a face amount (PRN). A face amount is never added to a share count (H6).
| Security | Type | Amount | Value | Change |
|---|---|---|---|---|
| GILEAD SCIENCES INCGILEAD SCIENCES INC CORPORATE OBLIG | principal | 2,000,000 | $6.6M | 0 |
| GILEAD SCIENCES INCGILEAD SCIENCES INC NOTE | principal | 1,500,000 | $4.99M | 0 |
| PRICELINE.COM INC 1.000PRICELINE.COM INC 1.000 DEBT 1.000% 3/1 | principal | 3,415,000 | $4.73M | +1,800,000 |
| NUANCE COMMUNICATIONS INCNUANCE COMMUNICATIONS INC DBCV 2.750% 8/1 | principal | 4,000,000 | $4.2M | +1,000,000 |
| JARDEN CORPJARDEN CORP NOTE 1.87 | principal | 2,750,000 | $3.92M | new |
| HAWAIIAN HOLDINGS INCHAWAIIAN HOLDINGS INC NOTE 5.000% 3/1 | principal | 2,750,000 | $3.74M | 0 |
| SBA COMMUNICATIONS CORPSBA COMMUNICATIONS CORP CORPORATE OBLIG | principal | 1,200,000 | $3.56M | 0 |
| MYLAN INCMYLAN INC CORPORATE OBLIG | principal | 1,000,000 | $3.28M | 0 |
| EQUINIX INCEQUINIX INC CNV | principal | 2,000,000 | $3.17M | 0 |
| ICONIX BRAND GROUP INCICONIX BRAND GROUP INC NOTE | principal | 2,250,000 | $3.1M | 0 |
| BRISTOW GROUP INCBRISTOW GROUP INC NOTE | principal | 2,511,000 | $3.09M | 0 |
| BlackRock Kelso Capital Cor…BlackRock Kelso Capital Corp. CONV | principal | 3,000,000 | $3.08M | 0 |
| Kaiser Aluminum Corp.Kaiser Aluminum Corp. CONV | principal | 2,000,000 | $2.98M | 0 |
| TAKE-TWO INTERACTIVE SOFTWARTAKE-TWO INTERACTIVE SOFTWAR NOTE 1.750%12/0 | principal | 2,500,000 | $2.9M | 0 |
| CSG Systems International, …CSG Systems International, In CONV | principal | 2,150,000 | $2.89M | 0 |
| SUNPOWER CORPSUNPOWER CORP DBCV 4.500% 3/1 | principal | 2,000,000 | $2.81M | -500,000 |
| MGM RESORTS INTLMGM RESORTS INTL CORPORATE OBLIG | principal | 2,000,000 | $2.75M | 0 |
| MENTOR GRAPHICS CORP 4.000MENTOR GRAPHICS CORP 4.000 SDCV 4.000% 4/0 | principal | 2,000,000 | $2.67M | 0 |
| Molina Healthcare Inc.Molina Healthcare Inc. CONV | principal | 2,500,000 | $2.64M | 0 |
| COLONY FINL INCCOLONY FINL INC NOTE 5.000% 4/1 | principal | 2,500,000 | $2.57M | 0 |
| INTERDIGITAL INCINTERDIGITAL INC NOTE 2.500% 3/1 | principal | 2,500,000 | $2.56M | 0 |
| CHART INDUSTRIES INCCHART INDUSTRIES INC NOTE | principal | 1,500,000 | $2.32M | 0 |
| PHOTRONICS INCPHOTRONICS INC NOTE 3.250% 4/0 | principal | 2,000,000 | $2.31M | 0 |
| MICRON TECHNOLOGY INCMICRON TECHNOLOGY INC NOTE 3.125% 5/0 | principal | 1,000,000 | $2.28M | -500,000 |
| FXCM Inc.FXCM Inc. CONV | principal | 2,000,000 | $2.26M | 0 |
| WEB COM GROUP INCWEB COM GROUP INC NOTE 1.000% 8/1 | principal | 2,000,000 | $2.25M | 0 |
| DFC GLOBAL CORPDFC GLOBAL CORP NOTE 3.250% 4/1 | principal | 2,500,000 | $2.24M | 0 |
| SANDISK CORPSANDISK CORP CORPORATE OBLIG | principal | 1,500,000 | $2.22M | 0 |
| Illumina IncIllumina Inc CONV | principal | 1,500,000 | $2.09M | +500,000 |
| HORNBECK OFFSHORE SVCS INC NHORNBECK OFFSHORE SVCS INC N NOTE 1.500 9/0 | principal | 1,750,000 | $2.09M | 0 |
| Iconix Brand Group, Inc.Iconix Brand Group, Inc. CONV | principal | 1,500,000 | $2.06M | 0 |
| Forest City Enterprises, In…Forest City Enterprises, Inc. CONV | principal | 2,000,000 | $2.05M | 0 |
| GOODRICHGOODRICH NOTE5 | principal | 1,985,000 | $2.03M | new |
| BOTTOMLINE TECH DEL INCBOTTOMLINE TECH DEL INC NOTE 1.500%12/0 | principal | 1,500,000 | $2.02M | -500,000 |
| AMERICAN RLTY CAP PPTYS INCAMERICAN RLTY CAP PPTYS INC NOTE 3.000% 8/0 | principal | 2,000,000 | $2M | 0 |
| AMTRUST FINANCIAL SERVICES IAMTRUST FINANCIAL SERVICES I NOTE 5.500%12/1 | principal | 1,500,000 | $1.96M | -500,000 |
| TeleCommunication Systems, …TeleCommunication Systems, In CONV | principal | 2,000,000 | $1.94M | 0 |
| Kaman Corp.Kaman Corp. CONV | principal | 1,500,000 | $1.94M | 0 |
| Encore Capital Group, Inc.Encore Capital Group, Inc. CONV | principal | 1,500,000 | $1.89M | +500,000 |
| Infinera Corp.Infinera Corp. CONV | principal | 1,750,000 | $1.89M | +750,000 |
| Proofpoint, Inc.Proofpoint, Inc. CONV | principal | 1,650,000 | $1.79M | new |
| InvenSense, Inc.InvenSense, Inc. CONV | principal | 1,500,000 | $1.75M | new |
| Liberty Media Corp.Liberty Media Corp. CONV | principal | 1,750,000 | $1.75M | new |
| Allscripts Healthcare Solut…Allscripts Healthcare Solutio CONV | principal | 1,500,000 | $1.69M | 0 |
| ECPG 3 11/27/17ECPG 3 11/27/17 Bond 30/360P2 U | principal | 1,000,000 | $1.68M | new |
| Alaska Communications Syste…Alaska Communications Systems CONV | principal | 2,000,000 | $1.66M | 0 |
| Regeneron Pharmaceuticals, …Regeneron Pharmaceuticals, In CONV | principal | 500,000 | $1.64M | 0 |
| XILINX INC 2.625XILINX INC 2.625 NOTE 2.625% 6/1 | principal | 1,000,000 | $1.6M | 0 |
| EXELIXIS INCEXELIXIS INC NOTE 4.250% 8/1 | principal | 1,250,000 | $1.54M | 0 |
| Lexington Realty TrustLexington Realty Trust CONV | principal | 1,000,000 | $1.52M | 0 |
| MICRON TECHNOLOGY INCMICRON TECHNOLOGY INC NOTE 3.000%11/1 | principal | 1,500,000 | $1.48M | new |
| INSULET CORPINSULET CORP CNV | principal | 1,000,000 | $1.47M | -250,000 |
| GT ADVANCED TECHNOLOGIES INCGT ADVANCED TECHNOLOGIES INC NOTE 3.000%10/0 | principal | 1,000,000 | $1.38M | -500,000 |
| RTI INTL METALS INC 3.000RTI INTL METALS INC 3.000 NOTE 3.000%12/0 | principal | 1,200,000 | $1.37M | 0 |
| CHIQUITA BRANDS INTL INCCHIQUITA BRANDS INTL INC NOTE 4.250% 8/1 | principal | 1,400,000 | $1.36M | 0 |
| SHIP FINANCE INTERNATIONAL LSHIP FINANCE INTERNATIONAL L NOTE 3.250% 2/0 | principal | 1,250,000 | $1.31M | 0 |
| CAS 7 12/15/17CAS 7 12/15/17 Bond 30/360P2 U | principal | 800,000 | $1.29M | new |
| Intel Corp.Intel Corp. CONV | principal | 1,150,000 | $1.29M | 0 |
| NVIDIA CORP 10000% 12/01/20…NVIDIA CORP 10000% 12/01/2018 CONB | principal | 1,250,000 | $1.29M | new |
| CUBIST PHARMACEUTICALSCUBIST PHARMACEUTICALS CONV | principal | 1,100,000 | $1.27M | 0 |
| Cubist Pharmaceuticals, Inc.Cubist Pharmaceuticals, Inc. CONV | principal | 1,100,000 | $1.26M | 0 |
| SALIX PHARMACEUTICALS INC S…SALIX PHARMACEUTICALS INC SR NT C… CONVERTIBLE | principal | 600,000 | $1.18M | -600,000 |
| Spansion LLCSpansion LLC CONV | principal | 1,000,000 | $1.17M | 0 |
| NORTHGATE MINERALS CORPNORTHGATE MINERALS CORP NOTE 3.500%10/0 | principal | 1,200,000 | $1.16M | 0 |
| Rudolph Technologies Inc.Rudolph Technologies Inc. CONV | principal | 1,000,000 | $1.15M | 0 |
| Move, Inc.Move, Inc. CONV | principal | 1,000,000 | $1.13M | 0 |
| SUNEDISON INCSUNEDISON INC CONV BND | principal | 1,000,000 | $1.12M | new |
| Portfolio Recovery Associat…Portfolio Recovery Associates CONV | principal | 1,000,000 | $1.1M | 0 |
| IXIAIXIA NOTE 3.000%12/1 | principal | 1,000,000 | $1.08M | 0 |
| Shutterfly, Inc.Shutterfly, Inc. CONV | principal | 1,000,000 | $1.07M | 0 |
| ASCENT CAP GROUP INCASCENT CAP GROUP INC NOTE 4.000 7/1 | principal | 1,000,000 | $1.07M | 0 |
| RTI INTL METALS INCRTI INTL METALS INC NOTE 1.625%10/1 | principal | 1,000,000 | $1.06M | 0 |
| OPKO HEALTH INCOPKO HEALTH INC NOTE 3.0% 2/1/33 | principal | 800,000 | $1.05M | -541,000 |
| MERRIMACK PHARMACEUTICALS INMERRIMACK PHARMACEUTICALS IN NOTE 4.500% 7/1 | principal | 1,000,000 | $1.04M | 0 |
| CLEAN ENERGY FUELS CORPCLEAN ENERGY FUELS CORP CONV BND | principal | 1,000,000 | $1.02M | 0 |
| LAYNE CHRISTENSEN COLAYNE CHRISTENSEN CO CONV BND | principal | 1,000,000 | $1M | new |
| Cardtronics, Inc.Cardtronics, Inc. CONV | principal | 1,000,000 | $999K | new |
| RAS 4 10/1/33RAS 4 10/1/33 Bond 30/360P2 U | principal | 1,000,000 | $995K | new |
| IAS Operating Partnership LPIAS Operating Partnership LP CONV | principal | 1,000,000 | $923K | -1,000,000 |
| SALIX PHARMACEUTICAL 1.500SALIX PHARMACEUTICAL 1.500 NOTE 1.500% 3/ | principal | 600,000 | $897K | new |
| Concur Technologies, Inc.Concur Technologies, Inc. CONV | principal | 750,000 | $872K | -250,000 |
| Incyte CorporationIncyte Corporation NOTE 1.25% 11/15/2020 | principal | 700,000 | $853K | new |
| Incyte CorporationIncyte Corporation NOTE 0.375% 11/15/2018 | principal | 700,000 | $840K | new |
| GT Advanced Technologies In…GT Advanced Technologies Inc. CONV | principal | 700,000 | $712K | new |
| NQ Mobile Inc.NQ Mobile Inc. CONV | principal | 1,000,000 | $705K | new |
| SOLARCITY CORPSOLARCITY CORP NOTE 2.750%11/0 | principal | 500,000 | $594K | new |
| ROYAL GOLD INCROYAL GOLD INC NOTE | principal | 600,000 | $580K | 0 |
| RPM INTL INCRPM INTL INC NOTE 2.250%12/1 | principal | 500,000 | $556K | new |
| ARRAY BIOPHARMA INCARRAY BIOPHARMA INC NOTE 3.000% 6/0 | principal | 500,000 | $522K | -1,000,000 |
| ReneSola Ltd.ReneSola Ltd. CONV | principal | 500,000 | $396K | 0 |
| Finisar Corp.Finisar Corp. CONV | principal | 150,000 | $342K | 0 |
| BIOMARIN PHARMACEUTICAL INCBIOMARIN PHARMACEUTICAL INC NOTE 1.500%10/1 | principal | 250,000 | $269K | new |
| BIOMARIN PHARMACEUTICAL INCBIOMARIN PHARMACEUTICAL INC NOTE 0.750%10/1 | principal | 250,000 | $266K | new |
Sold out in Q4 2013
Positions in the previous quarter's report that this quarter's report no longer lists.
| Security | Shares before | Value before | Type |
|---|---|---|---|
| Jarden Corp.Jarden Corp. | 2,750,000 | $3.31M | principal |
| E M C CORP MASSE M C CORP MASS | 1,800,000 | $2.88M | principal |
| PPL CORPPPL CORP | 50,000 | $2.69M | shares |
| ENCORE CAP GROUP INCENCORE CAP GROUP INC | 1,500,000 | $2.34M | principal |
| PRICELINE COM INCPRICELINE COM INC | 700,000 | $2.33M | principal |
| GOODRICH PETROLEUM CORPGOODRICH PETROLEUM CORP | 2,000,000 | $2.16M | principal |
| ANNALY CAP MGMT INCANNALY CAP MGMT INC | 1,500,000 | $1.64M | principal |
| EMC Corp.EMC Corp. | 1,000,000 | $1.6M | principal |
| VOLCANO CORPVOLCANO CORP | 1,500,000 | $1.56M | principal |
| UNISYS CORPUNISYS CORP | 20,000 | $1.39M | shares |
| A.M.Castle & Co.A.M.Castle & Co. | 800,000 | $1.38M | principal |
| US STEEL CORPUS STEEL CORP | 1,250,000 | $1.28M | principal |
| CEMEX SAB DE CVCEMEX SAB DE CV | 1,000,000 | $1.18M | principal |
| STILLWATER MINING COMPANSTILLWATER MINING COMPAN | 1,000,000 | $1.05M | principal |
| TOWER GROUP INTL LTDTOWER GROUP INTL LTD | 1,200,000 | $1.02M | principal |
| 2010 Swift MandCommon Exch …2010 Swift MandCommon Exch Tr | 60,000 | $1.01M | shares |
| RYLAND GROUP 0.250RYLAND GROUP 0.250 | 1,000,000 | $918K | principal |
| JAKKS PACIFIC INCJAKKS PACIFIC INC | 750,000 | $572K | principal |
| Micron Technology, Inc.Micron Technology, Inc. | 100,000 | $170K | principal |
How Q4 2013 was built
Available 13F filings of this filer for the quarter and their roles: the base report is the latest original or restatement, NEW HOLDINGS amendments filed after it are added (method).
| Filing | Role | Amendment | Filed | Accepted | Ingested |
|---|---|---|---|---|---|
| 13F-HR 0001145443-14-000181 | base | 2014-02-14 | acceptance time not in the bulk data set |