0001193125-12-326113.txt : 20120731
0001193125-12-326113.hdr.sgml : 20120731
20120731170555
ACCESSION NUMBER: 0001193125-12-326113
CONFORMED SUBMISSION TYPE: 13F-HR
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20120630
FILED AS OF DATE: 20120731
DATE AS OF CHANGE: 20120731
EFFECTIVENESS DATE: 20120731
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: 12997557
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
d383044d13fhr.txt
13F-HR
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: June 30, 2012
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 July 20, 2012
--------------------------- ------------------- -----------------
[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: 111
Form 13F Information Table Value Total: (thousands) 266,185
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 6/30/2012
VOTING AUTHORITY
TITLE OF MARKET VALUE SHARES/PAR INVESTMENT ---------------------
NAME OF ISSUER CLASS CUSIP (100'S) VALUE SH/PRN DISCRETION SOLE SHARED NONE
-------------- -------- ----------- ------------ ---------- ------ ---------- --------- ------ ----
AAR CORP 1.625% Conv Bd BOND 000361-AK-1 1,877 2,000,000 PRN Sole 2,000,000
CERADYNE INC 2.875% Conv Corp Bd BOND 156710-AA-3 2,882 2,875,000 PRN Sole 2,875,000
ENERSYS 3.375% Convertible Bond BOND 29275Y-AA-0 1,138 1,000,000 PRN Sole 1,000,000
LEUCADIA NATL 3.75% Conv Corp Bd BOND 527288-AX-2 1,300 1,190,000 PRN Sole 1,190,000
MEDICIS PHRM 2.50% Conv Corp Bd BOND 58470K-AA-2 1,259 1,000,000 PRN Sole 1,000,000
NUANCE COMMUNIC 2.75% Conv Bds BOND 67020Y-AB-6 1,379 1,000,000 PRN Sole 1,000,000
TRANSOCEAN INC 1.50% Conv Bd BOND 893830-AW-9 2,786 2,800,000 PRN Sole 2,800,000
VERTEX PHARM 3.35% Corp Bond BOND 92532F-AN-0 1,306 1,000,000 PRN Sole 1,000,000
AAR CORP COM 000361-10-5 404 30,000 SH Sole 30,000
AGL RESOURCE INC. COM 001204-10-6 434 11,200 SH Sole 11,200
AT&T INC COM 00206R-10-2 357 10,000 SH Sole 10,000
ABBOTT LABORATORIES COM 002824-10-0 645 10,000 SH Sole 10,000
ADVANCED MICRO DEVICES INC. COM 007903-10-7 458 80,000 SH Sole 80,000
ALTRIA GROUP INC COM 02209S-10-3 207 6,000 SH Sole 6,000
AMERIGROUP CORP COM 03073T-10-2 863 13,097 SH Sole 13,097
ANADARKO PETROLEUM CORP COM 032511-10-7 5,296 80,000 SH Sole 80,000
APACHE CORP COM 037411-10-5 1,758 20,000 SH Sole 20,000
BP AMOCO P L C ADR COM 055622-10-4 3,739 92,240 SH Sole 92,240
BABCOCK & WILCOX CO New COM 05615F-10-2 1,225 50,000 SH Sole 50,000
BARD-C R-INC COM 067383-10-9 2,793 26,000 SH Sole 26,000
BARRICK GOLD CORP COM 067901-10-8 1,518 39,576 SH Sole 39,576
BAXTER INTERNATIONAL INC COM 071813-10-9 3,721 70,000 SH Sole 70,000
BECTON DICKINSON COM 075887-10-9 2,990 40,000 SH Sole 40,000
BHP BILLITON LTD COM 088606-10-8 9,142 140,000 SH Sole 140,000
BRISTOL MYERS SQUIBB CO COM 110122-10-8 4,729 131,549 SH Sole 131,549
BROCADE COMMUNICATIONS SYSTEMS COM 111621-30-6 493 100,000 SH Sole 100,000
CVS CAREMARK CORP COM 126650-10-0 1,402 30,000 SH Sole 30,000
CAMPBELL SOUP CO COM 134429-10-9 1,335 40,000 SH Sole 40,000
CANADIAN PACIFIC RAILWAY LTD COM 13645T-10-0 3,557 47,600 SH Sole 47,600
CENOVUS ENERGY INC COM 15135U-10-9 3,237 100,000 SH Sole 100,000
CHEVRON CORP COM 166764-10-0 9,415 89,240 SH Sole 89,240
CISCO SYSTEMS COM 17275R-10-2 5,838 340,000 SH Sole 340,000
CONOCOPHILLIPS COM 20825C-10-4 6,985 125,000 SH Sole 125,000
DIREXION DAILY FINL BEAR ETF COM 25459W-14-4 2,718 120,000 SH Sole 120,000
DOMINION RESOURCES INC COM 25746U-10-9 1,865 34,528 SH Sole 34,528
DUPONT DENEMOURS & CO COM 263534-10-9 1,062 21,000 SH Sole 21,000
DUKE ENERGY HOLDING CORPORATION COM 26441C-10-5 5,488 238,000 SH Sole 238,000
EMC CORP COM 268648-10-2 5,166 201,553 SH Sole 201,553
EXCO RESOURCES INC COM 269279-40-2 546 71,900 SH Sole 71,900
ECHO GLOBAL LOGISTICS INC COM 27875T-10-1 132 6,900 SH Sole 6,900
ENCANA CORPORATION COM 292505-10-4 3,180 150,000 SH Sole 150,000
EXXON MOBIL CORP COM 30231G-10-2 8,985 105,000 SH Sole 105,000
FLUOR CORP NEW COM 343412-10-2 1,974 40,000 SH Sole 40,000
FLOWERS FOODS COM 343498-10-1 2,118 91,162 SH Sole 91,162
FREEPORT MCMORAN COPPER & GOLD COM 35671D-85-7 1,524 44,740 SH Sole 44,740
GENERAL DYNAMICS CORPORATION COM 369550-10-8 1,319 20,000 SH Sole 20,000
GLOBAL PAYMENTS INC COM 37940X-10-2 2,334 54,000 SH Sole 54,000
GUIDEWIRE SOFTWARE INC COM 40171V-10-0 1,406 50,000 SH Sole 50,000
HARRIS CORP COM 413875-10-5 1,674 40,000 SH Sole 40,000
HEWLETT PACKARD COMPANY COM 428236-10-3 3,017 150,000 SH Sole 150,000
HOME DEPOT INC COM 437076-10-2 2,120 40,000 SH Sole 40,000
HORNBECK OFFSHORE SERVICES INC COM 440543-10-6 1,163 30,000 SH Sole 30,000
HUNTINGTON INGALLS INDUSTRIES COM 446413-10-6 374 9,285 SH Sole 9,285
ILLINOIS TOOL WORKS INC COM 452308-10-9 317 6,000 SH Sole 6,000
INTEL CORP COM 458140-10-0 1,599 60,000 SH Sole 60,000
INTERNATIONAL BUSINESS MACHS CORP COM 459200-10-1 16,233 83,000 SH Sole 83,000
JPMORGAN CHASE & CO COM 46625H-10-0 1,072 30,000 SH Sole 30,000
JOHNSON & JOHNSON COM 478160-10-4 6,756 100,000 SH Sole 100,000
KRAFT FOODS INC COM 50075N-10-4 196 5,076 SH Sole 5,076
L-3 COMMUNICATIONS HLDGS COM 502424-10-4 740 10,000 SH Sole 10,000
LINCOLN NATIONAL CORP COM 534187-10-9 497 22,734 SH Sole 22,734
LOCKHEED MARTIN CORPORATION COM 539830-10-9 6,966 80,000 SH Sole 80,000
MCDERMOTT INTERNATIONAL INC COM 580037-10-9 2,228 200,000 SH Sole 200,000
MERCK & COMPANY New COM 58933Y-10-5 4,593 110,000 SH Sole 110,000
MICROSOFT CORP COM 594918-10-4 8,565 280,000 SH Sole 280,000
MONSANTO COMPANY COM 61166W-10-1 847 10,234 SH Sole 10,234
NEWMONT MINING CORP COM 651639-10-6 3,277 67,561 SH Sole 67,561
NORTHROP GRUMMAN CORP COM 666807-10-2 3,554 55,712 SH Sole 55,712
NUANCE COMMUNICATIONS INC COM 67020Y-10-0 1,000 42,000 SH Sole 42,000
ORBITAL SCIENCES CORP COM 685564-10-6 1,081 83,700 SH Sole 83,700
PALL CORP COM 696429-30-7 274 5,000 SH Sole 5,000
PFIZER INC COM 717081-10-3 4,739 206,050 SH Sole 206,050
PHILIP MORRIS INTERNATIONAL COM 718172-10-9 262 3,000 SH Sole 3,000
PHILLIPS 66 COM 718546-10-4 2,078 62,500 SH Sole 62,500
PIEDMONT NATURAL GAS COMPANY INC COM 720186-10-5 8,385 260,488 SH Sole 260,488
POWERSHARES DB INDEX COMMODITY ETF COM 73935S-10-5 644 25,000 SH Sole 25,000
PROGRESS ENERGY INC COM 743263-10-5 2,407 40,000 SH Sole 40,000
ULTRASHORT S&P 500 PROSHARES ETF COM 74347R-88-3 6,236 400,000 SH Sole 400,000
RAYTHEON CO COM 755111-50-7 7,555 133,500 SH Sole 133,500
SCANA CORP COM 80589M-10-2 2,201 46,000 SH Sole 46,000
SCANSOURCE INC. COM 806037-10-7 2,406 78,535 SH Sole 78,535
SCHLUMBERGER LTD COM 806857-10-8 5,258 81,000 SH Sole 81,000
SPECTRA ENERGY CORP COM 847560-10-9 4,504 155,000 SH Sole 155,000
TEXAS INSTRUMENTS INC COM 882508-10-4 1,435 50,000 SH Sole 50,000
THERMO FISHER SCIENTIFIC INC COM 883556-10-2 1,038 20,000 SH Sole 20,000
TRIMBLE NAVIGATIONS LTD COM 896239-10-0 1,380 30,000 SH Sole 30,000
UNITED TECHNOLOGIES CORP COM 913017-10-9 8,686 115,000 SH Sole 115,000
VERTEX PHARMACEUTICALS COM 92532F-10-0 1,118 20,000 SH Sole 20,000
WILLIAMS COMPANIES COM 969457-10-0 4,611 160,000 SH Sole 160,000
WPX ENERGY INC COM 98212B-10-3 1,618 100,000 SH Sole 100,000
XEROX CORPORATION COM 984121-10-3 1,181 150,000 SH Sole 150,000
ZIMMER HOLDINGS INC COM 98956P-10-2 322 5,000 SH Sole 5,000
COVIDIEN LTD COM G2554F-11-3 1,338 25,000 SH Sole 25,000
NABORS INDUSTRIES LTD COM G6359F-10-3 518 36,000 SH Sole 36,000
TRANSOCEAN INC. COM H8817H-10-0 2,669 59,662 SH Sole 59,662
ADVANCED MICRO Jul 21 CALLS 007903-10-7 (1) (40,000) SH Sole (40,000)
CISCO Sept 22 CALLS 17275R-10-2 (9) (18,500) SH Sole (18,500)
CVS CAREMARK Aug 18 CALLS 126650-10-0 (4) (5,000) SH Sole (5,000)
DIREXION ETF Jul 21 CALLS 25459W-14-4 (5) (60,000) SH Sole (60,000)
DIREXION ETF Oct 20 CALLS 25459W-14-4 (19) (22,500) SH Sole (22,500)
EMC CORP Jul 21 CALLS 268648-10-2 (2) (80,000) SH Sole (80,000)
ENCANA CORP Jul 21 CALLS 292505-10-4 (56) (40,000) SH Sole (40,000)
EXCO RES Sept 22 CALLS 269279-40-2 (56) (50,000) SH Sole (50,000)
HEWLETT PACKARD Aug 18 CALLS 428236-10-3 (3) (100,000) SH Sole (100,000)
HOME DEPOT Aug 18 CALLS 437076-10-2 (210) (30,000) SH Sole (30,000)
INTEL CORP Oct 20 CALLS 458140-10-0 (29) (40,000) SH Sole (40,000)
JOHNSON & JOHNSON Jul 21 CALLS 478160-10-4 (81) (30,000) SH Sole (30,000)
JP MORGAN Sept 22 CALLS 46625H-10-0 (20) (10,000) SH Sole (10,000)
PROSHARES ETF Sept 22 CALLS 74347R-88-3 (54) (180,000) SH Sole (180,000)
TRANSOCEAN LTD Aug 18 CALLS H8817H-10-0 (1) (20,000) SH Sole (20,000)
VERTEX PHARM Jul 21 CALLS 92532F-10-0 (280) (20,000) SH Sole (20,000)
111 ISSUES 266,185