-----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, KhE6BOIdm8QhCI3+xYFHS35pFydMzG8qcFyCqMdBV05Dt0JSQuV1Vt+GHSm9BPRK Ea7c3ReE02kkNUAsCmHeVA== 0001125282-03-006054.txt : 20031112 0001125282-03-006054.hdr.sgml : 20031111 20031112142427 ACCESSION NUMBER: 0001125282-03-006054 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20030930 FILED AS OF DATE: 20031112 EFFECTIVENESS DATE: 20031112 FILER: COMPANY DATA: COMPANY CONFORMED NAME: KRAMER SPELLMAN L P ET AL CENTRAL INDEX KEY: 0000931328 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-04601 FILM NUMBER: 03992992 BUSINESS ADDRESS: STREET 1: 2050 CENTER AVE CITY: FORT LEE STATE: NJ ZIP: 07024 13F-HR 1 b328086_13f.txt FORM 13F UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F Form 13F COVER PAGE Report for the Calendar Year or Quarter Ended: 09-30-2003 Check here if Amendment: |_|; Amendment Number: ____ This Amendment (Check only one): |_| is a restatement. |X| adds new holdings entries. Institutional Investment Manager Filing this Report: Name: Kramer Spellman, L.P. Address: 600 Madison Avenue 18th Floor New York, NY 10022 Form 13F File Number: 28-_____________ 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: Ezra C. Levy ---------------------------------------------------------------------- Title: Chief Financial Officer ---------------------------------------------------------------------- Phone: 212-421-3737 ---------------------------------------------------------------------- Signature, Place, and Date of Signing: /s/ Ezra C. Levy New York, NY 11-11-2003 - --------------------- --------------------------- ------------------- [Signature] [City, State] [Date] Report Type (Check one only): [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).) List of Other Managers Reporting for this Manager: [If there are no entries in this list, omit this section.] Form 13F File Number Name 28-___________________________ _______________________________________ [Repeat as necessary.] Form 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 --------------------- Form 13F Information Table Entry Total: _____________ Form 13F Information Table Value Total: $____________ (thousands) List of Other Included Managers: 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. [If there are no entries in this list, state "NONE" and omit the column headings and list entries.] No. Form 13F File Number Name _______ ___________________________ ________________________________ [Repeat as necessary.] Kramer Spellman, L.P. PORTFOLIO APPRAISAL 30-Sep-03
Unit Market Market Security Quantity Price Value CUSIP - -------- -------- ------- -------- ------------ ASTA Funding, Inc. 20000 25.99 519780 US0462201098 Ace Limited 9000 33.08 297720 KYG0070K1031 AmBase Corp. 112800 0.68 76704 US0231641061 Arbor Realty Trust, Inc. 8000 75 600000 038923504 AutoNation, Inc. 20000 17.54 350800 US05329W1027 Banco Latinamericano de Exportaciones, SA 44600 12 535200 PAP169941328 Bank of N.T. Butterfield & Son, Ltd. 11202 35 392070 BMG0772R1097 Capital One Financial Corp. 6000 57.04 342240 US14040H1059 Ceres Group, Inc. 1119262 4 4477048 US1567721055 Chicago Bridge & Iron Company, N.V. 10000 27.16 271600 US1672501095 Consul Energy, Inc. 100000 18.58 1858000 US20854P1093 Countrywide Credit Industries, Inc. 74500 78.28 5831860 US223721042 DepoMed, Inc. 88000 6.35 558800 US2499081048 Direct General, Corp. 20000 25.07 501400 US25456W2044 First Investors Financial Services Group 121400 4.45 539744 US32058A1016 Fog Cutter Capital Group, Inc. 21200 5.07 107484 US34416Q1094 Friedman, Billings, Ramsey Group, Inc. 31600 17.25 545100 US3584341081 Hawthorne Financial Corp. 6200 40.2 249240 US4205421021 Hudson City Bancorp, Inc. 10000 30.82 308200 US4436831071 IPC Holdings, Ltd. 36000 35.04 1261440 BMG4933P1014 Information Resources, Inc. 57000 4.6 262200 US4569051083 Kingsway Financial Services 167000 9.4 1569800 CA4969041033 LNR Property Corp. 16000 40.95 655200 US5019401000 Luminent 40000 15 600000 550278204 Meadowbrook Insurance Group, Inc. 819500 4.13 3384535 US58319P1084 Medallion Financial Corp. 40900 6.3 257670 US5839281061 Metris Companies, Inc. 67500 4.12 278100 US5915981071 Munich Re 5000 99.47 497350 DE0008430026 New Century Financial Corp. 26250 28.37 744713 US64352D1019 Newhall Land & Farming Company 22500 39.51 888975 US6514261089 Ocwen Financial Corp. 759408 4.55 3455306 US6757461016 Patriot Bank Corp. 24000 18.8 451200 US70335P1030 Penn-America Group, Inc. 37000 14.98 554260 US7072471029 Pennfed Financial Services, Inc. 21500 29.1 625650 US7081671015 Platinum Underwriters Holdings, Ltd. 43000 28.1 1208300 BMG7127P1005 Quanta Capital Holdings, Ltd. 200000 10 2000000 747635209 Resource America, Inc. 189958 11.86 2252902 US7611952059 Safety Insurance Group, Inc. 52600 15.52 816352 US78648T1007 Saxon Capital, Inc. 40000 17.14 685600 US80556P3029 Scottish Annuity & Life Holdings, Ltd. 23000 24.15 555450 KYG7885T1040 State Auto Financial Corp. 10000 25.22 252200 US8557071052 The Hartford Financial Services Group 15000 52.63 789450 US4165151048 The PMI Group, Inc. 19000 33.75 641250 US69344M1018 The Phoenix Companies, Inc. 23000 11.55 265650 US71902E1091 Toll Brothers, Inc. 7500 30.42 228150 US8894781033 Tyco International, Ltd. 20000 20.43 408600 BM9021241064 Union Acceptance Corp. 515300 0.33 170049 US9048321023 UnionBanCal Corp. 12000 49.6 595200 US9089061009 UnumProvident Corporation 185000 14.77 2732450 US91529Y1064 White Mountains Insurance Group Ltd. 4100 397.03 1627823 BMG9618E1075 Willis Lease Finance Corporation 85900 5.49 471591 US9706461053 Taylor Capital Trt-9.75% Pfd 10000 28.11 281100 US87216N1053
-----END PRIVACY-ENHANCED MESSAGE-----