-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, Ue35QIOMzl2lF158ltSZFLJ9hRvQjRjlvwoJzg+a8gOERqRbLd0Zkp4a6mpvCsgU L0u/+WFD027pJ6sBFYhqnQ== 0001193125-10-032370.txt : 20100216 0001193125-10-032370.hdr.sgml : 20100215 20100216164305 ACCESSION NUMBER: 0001193125-10-032370 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20091231 FILED AS OF DATE: 20100216 DATE AS OF CHANGE: 20100216 EFFECTIVENESS DATE: 20100216 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Canal Insurance CO CENTRAL INDEX KEY: 0001313473 IRS NUMBER: 570133332 STATE OF INCORPORATION: SC FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-11026 FILM NUMBER: 10608820 BUSINESS ADDRESS: STREET 1: P.O. BOX 7 CITY: GREENVILLE STATE: SC ZIP: 29602 BUSINESS PHONE: 864-250-9291 MAIL ADDRESS: STREET 1: P.O. BOX 7 CITY: GREENVILLE STATE: SC ZIP: 29602 13F-HR 1 d13fhr.txt FORM 13 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F FORM 13F COVER PAGE Report for the Calendar Year or Quarter Ended: December 31, 2009 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: Canal Insurance Co. Address: P.O. Box 7 Greenville, SC 29602 Form 13F File Number: 28-11026 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 al required items, statements, schedules, lists, and tables, are considered integral parts of this form. Person Signing this Report on Behalf of Reporting Manager: Name: Rick Timmons Title: Secretary, Treasurer & Senior Vice President - Investments Phone: (864) 250-9291 Signature, Place, and Date of Signing: Greenville, /s/ William R. Timmons, III South Carolina February 16, 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).) Number of Other Included Mangers: None Form 13F Information Table Entry Total: 114 Form 13F Information Table Value Total: (thousands) 297,675 List of Other Included Mangers: None Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report. None CANAL INSURANCE COMPANY AND CANAL INDEMNITY COMPANY SEC 13-F as of 12/31/2009
TITLE OF MARKET VALUE SHARES/ SH/ INVESTMENT VOTING AUTHORITY NAME OF ISSUER CLASS CUSIP (1000'S) PAR VALUE PRN DISCRETION SOLE SHARED NONE - ------------------------------------------------------------------------------------------------------------------- AMERIGROUP CORP 2.00% Conv Bond BOND 03073T-AB-8 1,536 1,600,000 PRN SOLE 1,600,000 CSG SYSTEMS INT'L 2.50% Conv Bd BOND 126349-AB-5 999 1,000,000 PRN SOLE 1,000,000 CERADYNE INC 2.875% Conv Corp Bd BOND 156710-AA-3 2,710 2,875,000 PRN SOLE 2,875,000 ENERSYS 3.375% Convertible Bond BOND 29275Y-AA-0 886 1,000,000 PRN SOLE 1,000,000 LEUCADIA NATL 3.75% Conv Corp Bd BOND 527288-AX-2 1,431 1,190,000 PRN SOLE 1,190,000 MEDICIS PHRM 2.50% Conv Corp Bd BOND 58470K-AA-2 1,015 1,000,000 PRN SOLE 1,000,000 NII HOLDINGS 2.75% Corp Conv Bd BOND 62913F-AF-9 407 409,000 PRN SOLE 409,000 NUANCE COMMUNIC 2.75% Conv Bds BOND 67020Y-AB-6 1,070 1,000,000 PRN SOLE 1,000,000 OMNICOM 0.00% Conv Bonds BOND 681919-AT-3 1,965 2,000,000 PRN SOLE 2,000,000 TRANSOCEAN INC 1.50% Conv Bd BOND 893830-AW-9 770 800,000 PRN SOLE 800,000 WORLD ACCEP CORP 3.00% Conv Nts BOND 981417-AB-4 1,545 1,650,000 PRN SOLE 1,650,000 AAR CORP COM 000361-10-5 1,744 75,900 SH SOLE 75,900 AGL RESOURCE INC. COM 001204-10-6 408 11,200 SH SOLE 11,200 AOL INC COM 00184X-10-5 71 3,030 SH SOLE 3,030 AT&T INC COM 00206R-10-2 5,508 196,500 SH SOLE 196,500 ABBOTT LABORATORIES COM 002824-10-0 540 10,000 SH SOLE 10,000 AETNA INC COM 00817Y-10-8 1,585 50,000 SH SOLE 50,000 ALTRIA GROUP INC COM 02209S-10-3 59 3,000 SH SOLE 3,000 AMGEN INC COM 031162-10-0 1,697 30,000 SH SOLE 30,000 ANADARKO PETROLEUM CORP COM 032511-10-7 4,994 80,000 SH SOLE 80,000 APACHE CORP COM 037411-10-5 2,063 20,000 SH SOLE 20,000 BP AMOCO P L C ADR COM 055622-10-4 5,347 92,240 SH SOLE 92,240 BARD-C R-INC COM 067383-10-9 3,770 48,400 SH SOLE 48,400 BARRICK GOLD CORP COM 067901-10-8 2,346 59,576 SH SOLE 59,576 BAXTER INTERNATIONAL INC COM 071813-10-9 4,108 70,000 SH SOLE 70,000 BECTON DICKINSON COM 075887-10-9 3,154 40,000 SH SOLE 40,000 WR BERKLEY CORP COM 084423-10-2 74 3,000 SH SOLE 3,000 BHP BILLITON LTD COM 088606-10-8 8,424 110,000 SH SOLE 110,000 BRISTOL MYERS SQUIBB CO COM 110122-10-8 3,322 131,549 SH SOLE 131,549 BROCADE COMMUNICATIONS SYSTEMS COM 111621-30-6 382 50,000 SH SOLE 50,000 CVS CAREMARK CORP COM 126650-10-0 966 30,000 SH SOLE 30,000 CAMPBELL SOUP CO COM 134429-10-9 1,352 40,000 SH SOLE 40,000 CANADIAN PACIFIC RAILWAY LTD COM 13645T-10-0 2,570 47,600 SH SOLE 47,600 CENOVUS ENERGY INC COM 15135U-10-9 2,520 100,000 SH SOLE 100,000 CHEVRON CORP COM 166764-10-0 6,871 89,240 SH SOLE 89,240 CISCO SYSTEMS COM 17275R-10-2 9,251 386,435 SH SOLE 386,435 CONOCOPHILLIPS COM 20825C-10-4 7,150 140,000 SH SOLE 140,000 COVANTA HOLDING CORPORATION COM 22282E-10-2 1,085 60,000 SH SOLE 60,000 CYBERONICS INC COM 23251P-10-2 1,669 81,650 SH SOLE 81,650 DIEBOLD INC COM 253651-10-3 1,707 60,000 SH SOLE 60,000 DIREXION DAILY FINL BEAR ETF COM 25459W-49-0 2,915 150,000 SH SOLE 150,000 DOMINION RESOURCES INC COM 25746U-10-9 1,344 34,528 SH SOLE 34,528 DUPONT DENEMOURS & CO COM 263534-10-9 707 21,000 SH SOLE 21,000 DUKE ENERGY HOLDING CORPORATION COM 26441C-10-5 4,096 238,000 SH SOLE 238,000 EMC CORP COM 268648-10-2 5,792 331,553 SH SOLE 331,553 EL PASO CORP COM 28336L-10-9 2,064 210,000 SH SOLE 210,000 ENCANA CORPORATION COM 292505-10-4 3,239 100,000 SH SOLE 100,000 ENERGEN CORP COM 29265N-10-8 468 10,000 SH SOLE 10,000 EXXON MOBIL CORP COM 30231G-10-2 5,455 80,000 SH SOLE 80,000 F P L GROUP INC COM 302571-10-4 2,430 46,000 SH SOLE 46,000 FLUOR CORP NEW COM 343412-10-2 1,802 40,000 SH SOLE 40,000 FLOWERS FOODS COM 343498-10-1 1,444 60,775 SH SOLE 60,775 FREEPORT MCMORAN COPPER & GOLD COM 35671D-85-7 592 7,370 SH SOLE 7,370 GENERAL DYNAMICS CORPORATION COM 369550-10-8 1,363 20,000 SH SOLE 20,000 GENERAL ELECTRIC CO COM 369604-10-3 3,858 255,000 SH SOLE 255,000 GLOBAL PAYMENTS INC COM 37940X-10-2 2,908 54,000 SH SOLE 54,000 HARRIS CORP COM 413875-10-5 1,902 40,000 SH SOLE 40,000 HARRIS STRATEX NETWORKS INC COM 41457P-10-6 69 9,936 SH SOLE 9,936 HEWLETT PACKARD COMPANY COM 428236-10-3 5,151 100,000 SH SOLE 100,000 HOME DEPOT INC COM 437076-10-2 2,314 80,000 SH SOLE 80,000 INTEL CORP COM 458140-10-0 2,040 100,000 SH SOLE 100,000 INTERNATIONAL BUSINESS MACHS CORP COM 459200-10-1 11,912 91,000 SH SOLE 91,000 JPMORGAN CHASE & CO COM 46625H-10-0 5,417 130,000 SH SOLE 130,000 JOHNSON & JOHNSON COM 478160-10-4 7,729 120,000 SH SOLE 120,000 KRAFT FOODS INC COM 50075N-10-4 56 2,076 SH SOLE 2,076 L-3 COMMUNICATIONS HLDGS COM 502424-10-4 870 10,000 SH SOLE 10,000 LEVEL 3 COMMUNICATIONS INC COM 52729N-10-0 589 385,000 SH SOLE 385,000 LINCOLN NATIONAL CORP COM 534187-10-9 566 22,734 SH SOLE 22,734 LOCKHEED MARTIN CORPORATION COM 539830-10-9 4,521 60,000 SH SOLE 60,000 MCDERMOTT INTERNATIONAL INC COM 580037-10-9 3,602 150,000 SH SOLE 150,000 MERCK & COMPANY New COM 58933Y-10-5 5,481 150,000 SH SOLE 150,000 MICROSOFT CORP COM 594918-10-4 10,062 330,000 SH SOLE 330,000 MONSANTO COMPANY COM 61166W-10-1 837 10,234 SH SOLE 10,234 MOTOROLA INC COM 620076-10-9 776 100,000 SH SOLE 100,000
NATIONAL SEMICONDUCTOR COM 637640-10-3 922 60,000 SH SOLE 60,000 NEWMONT MINING CORP COM 651639-10-6 3,196 67,561 SH SOLE 67,561 NORTHROP GRUMMAN CORP COM 666807-10-2 3,112 55,712 SH SOLE 55,712 NUANCE COMMUNICATIONS INC COM 67020Y-10-0 1,864 120,000 SH SOLE 120,000 ORBITAL SCIENCES CORP COM 685564-10-6 1,474 96,600 SH SOLE 96,600 PALL CORP COM 696429-30-7 1,086 30,000 SH SOLE 30,000 PFIZER INC COM 717081-10-3 3,748 206,050 SH SOLE 206,050 PHILIP MORRIS INTERNATIONAL COM 718172-10-9 145 3,000 SH SOLE 3,000 PIEDMONT NATURAL GAS COMPANY INC COM 720186-10-5 6,304 235,656 SH SOLE 235,656 PROGRESS ENERGY INC COM 743263-10-5 1,640 40,000 SH SOLE 40,000 ULTRASHORT S&P 500 PROSHARES ETF COM 74347R-88-3 14,020 400,000 SH SOLE 400,000 RAYTHEON CO COM 755111-50-7 6,878 133,500 SH SOLE 133,500 SARA LEE CORP COM 803111-10-3 1,241 101,900 SH SOLE 101,900 SCANA CORP COM 80589M-10-2 1,733 46,000 SH SOLE 46,000 SCANSOURCE INC. COM 806037-10-7 2,667 99,900 SH SOLE 99,900 SCHLUMBERGER LTD COM 806857-10-8 5,272 81,000 SH SOLE 81,000 THE SOUTH FINANCIAL GROUP INC COM 837841-10-5 306 475,385 SH SOLE 475,385 SPECTRA ENERGY CORP COM 847560-10-9 2,256 110,000 SH SOLE 110,000 STRYKER CORP COM 863667-10-1 1,007 20,000 SH SOLE 20,000 SYMANTEC CORP COM 871503-10-8 1,610 90,000 SH SOLE 90,000 TELEFONICA S.A. ADR COM 879382-20-8 564 6,752 SH SOLE 6,752 TELEFONOS DE MEXICO S.A.B. DE C.V. COM 879403-78-0 1,658 100,000 SH SOLE 100,000 TELMEX INTERNACIONAL ADR (L shrs) COM 879690-10-5 1,775 100,000 SH SOLE 100,000 TEMPLETON CHINA WORLD FUND COM 88018X-10-2 687 20,000 SH SOLE 20,000 TEXAS INSTRUMENTS INC COM 882508-10-4 1,303 50,000 SH SOLE 50,000 THERMO FISHER SCIENTIFIC INC COM 883556-10-2 954 20,000 SH SOLE 20,000 3COM CORP COM 885535-10-4 495 66,000 SH SOLE 66,000 TIME WARNER CABLE COM 88732J-20-7 0 7 SH SOLE 7 TRIMBLE NAVIGATIONS LTD COM 896239-10-0 1,890 75,000 SH SOLE 75,000 UNITED TECHNOLOGIES CORP COM 913017-10-9 7,982 115,000 SH SOLE 115,000 UNITEDHEALTH GROUP INC COM 91324P-10-2 610 20,000 SH SOLE 20,000 VERIZON COMMUNICATIONS INC COM 92343V-10-4 2,650 80,000 SH SOLE 80,000 WILLIAMS COMPANIES COM 969457-10-0 5,101 242,000 SH SOLE 242,000 XEROX CORPORATION COM 984121-10-3 1,861 220,000 SH SOLE 220,000 YAHOO! INC COM 984332-10-6 503 30,000 SH SOLE 30,000 ZIMMER HOLDINGS INC COM 98956P-10-2 1,371 23,200 SH SOLE 23,200 ZOLL MEDICAL CORP COM 989922-10-9 1,202 45,000 SH SOLE 45,000 COVIDIEN LTD COM G2554F-10-5 1,198 25,021 SH SOLE 25,021 NABORS INDUSTRIES LTD COM G6359F-10-3 788 36,000 SH SOLE 36,000 TRANSOCEAN INC. COM H8817H-10-0 1,159 13,992 SH SOLE 13,992
-----END PRIVACY-ENHANCED MESSAGE-----