PORTFOLIO UPDATE
Changing # of shares of VINA to 3,044,402, pursuant to SEC filing.
Below is each position, with a link showing why the company is in the SI public portfolio (in addition to being in the analyst's reports.) Most of these were posted previously as the portfolio was amended, and they are put together here. If you are unfamiliar with freeedgar you must scroll down in the frame on the left and click "body" to get the page showing the number of shares owned.
Everyone following the thread must know this by now, the SI portfolio is here:
siliconinvestor.com
Obviously, some positions could have been sold without investor's knowledge, but the portfolio is a pretty close estimate of the holdings and varies from those published by FBR only in a couple rather insignificant instances.
BRCM
siliconinvestor.com
CNSW
This is a link to the 13G that shows the number of shares, the conversion price is calculated at .79 a share:
freeedgar.com
EXTN
freeedgar.com
GSPN
These links show the press release and the assumptions of the portfolio as originally calculated:
Message 13865055
biz.yahoo.com
GSPN has since been amended to track FBR’s assumptions in their latest report.
HYBR
Here is the post on this calculation in which there is a link to the SEC filings:
Message 14030190
NETP
freeedgar.com
NUFO
Divided into a taxable and non-taxable portion, since the amounts are rather significant. Here is the link to the SEC filing that shows in which LDP division the asset is held and the basis for the division into taxable and non-taxable portions in the SI portfolio.
freeedgar.com
PKTR
freeedgar.com
RAMP
FBR's number, which is 2,528,368, does not correspond with the most recent filing with the SEC. Here is the link and the basis for the SI portfolio number.
freeedgar.com
SABA
freeedgar.com
SEBL
siliconinvestor.com
VINA:
freeedgar.com
biz.yahoo.com
VTSS
biz.yahoo.com
A couple notes: CNSW and HYBR are both interest earning convertible debentures that can be converted at any time by LDP.
They are in the SI portfolio for tracking purposes as they currently trade, or sometimes, trade higher than their conversion price (portfolio cost basis). If a convertible trades below the conversion price it is not a loss to LDP, LDP simply continues to collect the interest and doesn’t convert the debenture to common. They are not required to convert.
Not all the acquisition deals are closed, and some of the shares are escrow shares that are expected to be received if certain conditions are met by the acquired company.
If anyone sees an error, or has a comment, please let me know. |
