13F-HR 1 sept3010.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 13F FORM 13F COVER PAGE Report for the Calendar Year or Quarter Ended: September 30, 2010 Check here if Amendment [ ]; Amendment Number: ___________ This Amendment (Check only one): [ ] is a restatement [ ] adds new holdings entries. Institutional Investment Manager Filing this Report: Name: Dinsmore Capital Management Co. Address: 65 Madison Avenue Suite 550 Morristown, New Jersey 07960 Form 13F File Number: 28-05466 The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables are considered integral parts of this form. Person Signing this Report on Behalf of Reporting Manager: Name: Gary I. Levine Title: Chief Financial Officer Phone: (973) 631-1177 Signature, Place, and Date of Signing: /s/ Gary I. Levine Morristown, New Jersey November 12, 2010 ------------------ ---------------------- ----------------- [Signature] [City, State] [Date] Report Type (Check only one.): [X] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.) [ ] 13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).) [ ] 13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).) FORM 13F SUMMARY PAGE Report Summary: Form 13F Information Table Entry Total: 106 Form 13F Information Table Value Total: $189,692 (thousands)
FORM 13F INFORMATION TABLE VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- ADC Telecommunications, Inc. c CONV 000886AE1 2017 2025000 PRN Sole 2025000 Alliant Techsystems Inc. cv. s CONV 018804AM6 2032 2000000 PRN Sole 2000000 Amgen, Inc. cv. sr. notes CONV 031162AQ3 1992 2000000 PRN Sole 2000000 Amylin Pharmaceuticals, Inc. c CONV 032346AF5 1830 2000000 PRN Sole 2000000 Anixter International, Inc. sr CONV 035290AJ4 2368 2250000 PRN Sole 2250000 Anixter International, Inc. sr CONV 035290AH8 526 500000 PRN Sole 500000 Annaly Capital Management, Inc CONV 035710AA0 2769 2500000 PRN Sole 2500000 CBIZ, Inc. 4.875% cv. sr. sub. CONV 124805AC6 268 250000 PRN Sole 250000 CEMEX, S.A.B. de C.V. cv. sub. CONV 151290AU7 1935 2000000 PRN Sole 2000000 CSG Systems International, Inc CONV 126349AC3 1985 2000000 PRN Sole 2000000 Central European Distribution CONV 153435AA0 910 1000000 PRN Sole 1000000 Cephalon Inc. cv. sr. sub. not CONV 156708AR0 2260 2000000 PRN Sole 2000000 Charles River Laboratories Int CONV 159864AB3 1967 2000000 PRN Sole 2000000 China Medical Technologies, In CONV 169483AC8 2094 2500000 PRN Sole 2500000 Coinstar, Inc. cv. sr. notes CONV 19259PAF9 1302 1000000 PRN Sole 1000000 CommScope, Inc. sr. sub. cv. n CONV 203372AG2 3424 3000000 PRN Sole 3000000 Comtech Telecommunications Cor CONV 205826AE0 1039 1000000 PRN Sole 1000000 Corporate Office Properties, L CONV 22003BAC0 1006 1000000 PRN Sole 1000000 Covanta Holding Corp. sr. cv. CONV 22282EAA0 2914 3000000 PRN Sole 3000000 Cubist Pharmaceuticals, Inc. c CONV 229678AC1 1534 1500000 PRN Sole 1500000 Dryships, Inc. cv. sr. notes CONV 262498AB4 1414 1500000 PRN Sole 1500000 EMC Corp. cv. sr. notes CONV 268648AM4 3867 2800000 PRN Sole 2800000 EMC Corp. cv. sr. notes 144A CONV 268648AL6 1381 1000000 PRN Sole 1000000 Endo Pharmacueticals Holdings, CONV 29264FAB2 1912 1500000 PRN Sole 1500000 Equinix, Inc. cv. sub. notes CONV 29444UAF3 2487 2300000 PRN Sole 2300000 Equinix, Inc. cv. sub. notes CONV 29444UAH9 2674 1880000 PRN Sole 1880000 Euronet Worldwide, Inc. cv. de CONV 298736AF6 1962 2000000 PRN Sole 2000000 ExpressJet Holdings, Inc. cv. CONV 30218UAB4 1320 1310000 PRN Sole 1310000 Finisar Corporation cv. sr. no CONV 31787AAJ0 972 500000 PRN Sole 500000 GSI Commerce, Inc. cv. sr. not CONV 36238GAC6 2170 2000000 PRN Sole 2000000 Gilead Sciences, Inc. cv. sr. CONV 375558AG8 1032 1000000 PRN Sole 1000000 Gilead Sciences, Inc. cv. sr. CONV 375558AL7 1022 1000000 PRN Sole 1000000 Gilead Sciences, Inc. cv. sr. CONV 375558AM5 769 750000 PRN Sole 750000 Goodrich Petroleum Corp. cv.sr CONV 382410AC2 1830 2000000 PRN Sole 2000000 Greatbatch, Inc. cv. sub. deb. CONV 39153LAB2 1895 2000000 PRN Sole 2000000 Integra LifeSciences Holdings CONV 457985AH2 2067 2134000 PRN Sole 2134000 Intel Corp. jr. sub. cv. deb. CONV 458140AF7 1641 1400000 PRN Sole 1400000 Intel Corp. jr. sub. cv. deb. CONV 458140AC4 2484 2500000 PRN Sole 2500000 Jaguar Mining, Inc. cv. sr. no CONV 47009MAG8 1809 2100000 PRN Sole 2100000 Kaiser Aluminum Corp. cv. sr. CONV 483007AA8 2234 2000000 PRN Sole 2000000 Kinetic Concepts, Inc. cv. sr. CONV 49460WAF6 2516 2500000 PRN Sole 2500000 Knight Capital Group, Inc. cas CONV 499005AD8 1836 2000000 PRN Sole 2000000 LSB Industries, Inc. cv. sr. s CONV 502160AG9 2525 2500000 PRN Sole 2500000 Lehman Brothers Holdings, Inc. CONV 524908PL8 450 3000000 PRN Sole 3000000 Lexington Realty Trust cv. gua CONV 529043AA9 2244 2000000 PRN Sole 2000000 LifePoint Hospitals, Inc. cv. CONV 53219LAH2 2000 2000000 PRN Sole 2000000 MGM MIRAGE cv. sr. notes 144A CONV 552953BR1 1852 2000000 PRN Sole 2000000 McMoRan Exploration Co. cv. sr CONV 582411AE4 1361 1177000 PRN Sole 1177000 Micron Technology Inc cv. sr. CONV 595112AH6 1787 2000000 PRN Sole 2000000 Microsoft Corporation cv. sr. CONV 594918AE4 1030 1000000 PRN Sole 1000000 Millipore Corp. cv. sr. notes CONV 601073AD1 1901 1500000 PRN Sole 1500000 Morgans Hotel Group sr. sub. c CONV 61748WAA6 1495 2000000 PRN Sole 2000000 Mylan Laboratories Inc. sr. cv CONV 628530AG2 3124 3000000 PRN Sole 3000000 NETAPP, Inc. sr. cv. notes CONV 64110DAB0 1631 1000000 PRN Sole 1000000 NII Holdings, Inc. cv notes CONV 62913FAJ1 1950 2000000 PRN Sole 2000000 National Financial Partners Co CONV 63607PAB5 1777 1500000 PRN Sole 1500000 Northgate Minerals Corp. cv. s CONV 666416AB8 1016 1000000 PRN Sole 1000000 Nuance Communications, Inc. sr CONV 67020YAB6 4365 4000000 PRN Sole 4000000 Oil States International, Inc. CONV 678026AB1 1549 1000000 PRN Sole 1000000 Old Republic International cv. CONV 680223AF1 3919 3000000 PRN Sole 3000000 Omnicare, Inc. cv. sr. deb. {7 CONV 681904AL2 735 850000 PRN Sole 850000 Onyx Pharmaceuticals, Inc. cv. CONV 683399AB5 1541 1500000 PRN Sole 1500000 Owens-Brockway Glass Container CONV 69073TAQ6 1970 2000000 PRN Sole 2000000 Regis Corp. cv. sr. notes CONV 758932AA5 1411 1000000 PRN Sole 1000000 Rovi Corp. cv. sr. notes 144A CONV 779376AA0 1867 1500000 PRN Sole 1500000 SBA Communications Corp. cv. s CONV 78388JAN6 1127 1000000 PRN Sole 1000000 SBA Communications Corp. cv. s CONV 78388JAM8 2942 2000000 PRN Sole 2000000 SanDisk Corporation 1.5% cv. s CONV 80004CAD3 1862 2000000 PRN Sole 2000000 SonoSite Inc. cv. sr. notes CONV 83568GAA2 2523 2250000 PRN Sole 2250000 SunPower Corp. sr. cv. deb. CONV 867652AA7 2767 3000000 PRN Sole 3000000 SunPower Corporation sr. cash CONV 867652AD1 1401 1500000 PRN Sole 1500000 TeleCommunications Systems, In CONV 87929JAA1 865 1000000 PRN Sole 1000000 Teva Pharm. Finance Co. B.V. c CONV 88165FAA0 2931 2500000 PRN Sole 2500000 Titan International, Inc. sr. CONV 888305AA7 2220 1500000 PRN Sole 1500000 Tower Group, Inc. 5% cv. sr. n CONV 891777AB0 272 250000 PRN Sole 250000 Transocean Inc. series C cv. s CONV 893830AW9 1922 2000000 PRN Sole 2000000 Trina Solar Ltd. cv. sr. notes CONV 89628EAA2 1904 1000000 PRN Sole 1000000 United States Steel Corp. cv. CONV 912909AE8 1161 750000 PRN Sole 750000 Xilinx, Inc. cv. sr. notes 144 CONV 983919AE1 569 500000 PRN Sole 500000 ATP Oil & Gas Corp. cv. perp. PFD CV 00208J702 710 10000 SH Sole 10000 Amerivon Holdings LLC series A PFD CV 898876107 1495 1125390 SH Sole 1125390 Bank of America Corp. 7.25% no PFD CV 060505682 1965 2000 SH Sole 2000 Bunge Limited 4.875% cum. cv. PFD CV G16962204 1335 15000 SH Sole 15000 Chesapeake Energy 5% cv. pfd. PFD CV 165167826 3320 40000 SH Sole 40000 Ford Motor Co. Cap. Trust II 6 PFD CV 345395206 3354 70000 SH Sole 70000 NY Community Bancorp, Inc. 6% PFD CV 64944P307 2333 48000 SH Sole 48000 Wells Fargo 7.5% srs L perp cv PFD CV 949746804 3521 3500 SH Sole 3500 Whiting Petroleum Corp. perp c PFD CV 966387201 61 264 SH Sole 264 2009 Dole Food ACES Trust 7% 1 PFD CV 90213B208 2539 260000 SH Sole 260000 AngloGold Ashanti Holdings Fin PFD CV 03512Q206 530 10000 SH Sole 10000 Apache Corp. 6% mandatory conv PFD CV 037411808 2376 41000 SH Sole 41000 BeazerHomesUSA, Inc. 7.25% Tan PFD CV 07556Q501 682 35000 SH Sole 35000 Citigroup Inc. 7.5% T-DECS PFD CV 172967416 2066 17500 SH Sole 17500 Great Plains Energy eq. units PFD CV 911648038 2532 40000 SH Sole 40000 LehmanBro. Hldgs. 6% exchnote PFD CV 52522L350 375 100000 SH Sole 100000 McMoRan Exploration Co. mand. PFD CV 582411500 1185 10000 SH Sole 10000 UBS mand. exch. note 6.75% (SO PFD CV 90265K205 2240 80000 SH Sole 80000 Vale Cap II 6.75% 2012 mand.cv PFD CV 91912F201 3381 38400 SH Sole 38400 Vale Cap II 6.75% 2012 mand.cv PFD CV 91912F300 1163 13000 SH Sole 13000 AT&T Inc. common stock COM 00206R102 1716 60000 SH Sole 60000 Amerivon Holdings LLC common e COM 898873104 5 545456 SH Sole 545456 ConocoPhillips common stock COM 20825C104 1296 22564 SH Sole 22564 Merck & Company, Inc., common COM 58933Y105 871 23651 SH Sole 23651 The Walt Disney Company common COM 254687106 993 30000 SH Sole 30000 Verizon Communications, Inc. c COM 92343V104 1629 50000 SH Sole 50000 Whiting Petroleum Corp. common COM 966387102 587 6147 SH Sole 6147