UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 13F
Form 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: March 31, 2004
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: Jefferies Group Inc.
Address: 11100 Santa Monica Blvd, 11th Flr.
Los Angeles, CA 90025
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: Alfred Petrillo
Title: Senior Vice President
Phone: 212-336-7140
Signature, Place, and Date of Signing:
/s/ Alfred Petrillo Jersey City, NJ May 14, 2004
Report Type (Check only one.):
[ X] 13F HOLDINGS REPORT.
[ ] 13F NOTICE.
[ ] 13F COMBINATION REPORT.
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 1
Form13F Information Table Entry Total: 235
Form13F Information Table Value Total: $177,307 (thousands)
List of Other Included Managers:
Provide a numbered list of the name(s) and Form 13F file number(s) of all
institutional managers with respect to which this report is filed, other
than the manager filing this report.
No. 13F File Number Name
01 28-10432 Jefferies & Company, Inc.
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
------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
3M CO COM 88579Y101 220 2700 SH SOLE 01 2700 0
3M CO NOTE 11/2 88579YAB7 236 260000 PRN SOLE 01 260000 0
ABERCROMBIE & FITCH CO CL A 002896207 10149 300900 SH SOLE 01 300900 0
ADVANCED MICRO DEVICES INC DBCV 4.750% 2/0 007903AE7 1312 1250000 PRN SOLE 01 1250000 0
AEROPOSTALE COM 007865108 5889 179400 SH SOLE 01 179400 0
AETNA INC NEW COM 00817Y108 241 2700 SH SOLE 01 2700 0
AGILENT TECHNOLOGIES INC COM 00846U101 313 10000 SH SOLE 01 10000 0
AGILENT TECHNOLOGIES INC DBCV 3.000%12/0 00846UAB7 884 789000 PRN SOLE 01 789000 0
ALCOA INC COM 013817101 249 7150 SH SOLE 01 7150 0
ALLERGAN INC NOTE 11/0 018490AE2 514 512000 PRN SOLE 01 512000 0
ALLIANCE GAMING CORP COM NEW 01859P609 320 10000 SH SOLE 01 10000 0
ALLIANT TECHSYSTEMS INC COM 018804104 323 6000 SH SOLE 01 6000 0
ALLSTATE CORP COM 020002101 297 6555 SH SOLE 01 6555 0
ALTRIA GROUP INC COM 02209S103 497 9150 SH SOLE 01 9150 0
ALZA CORP SDCV 7/2 02261WAB5 501 705000 PRN SOLE 01 705000 0
AMB PROPERTY CORP COM 00163T109 363 10000 SH SOLE 01 10000 0
AMDOCS LTD ORD G02602103 396 14500 SH SOLE 01 14500 0
AMERADA HESS CORP COM 023551104 414 6350 SH SOLE 01 6350 0
AMERICAN EAGLE OUTFITTERS NE COM 02553E106 2179 91840 SH SOLE 01 91840 0
AMERICAN INTL GROUP INC COM 026874107 211 2950 SH SOLE 01 2950 0
AMERICAN TOWER CORP CL A 029912201 731 66800 SH SOLE 01 66800 0
AMERISOURCE HEALTH CORP NOTE 5.000%12/0 03071PAD4 34 30000 PRN SOLE 01 30000 0
AMGEN INC COM 031162100 226 3860 SH SOLE 01 3860 0
AMR CORP COM 001765106 142 11800 SH SOLE 01 11800 0
ANDREW CORP PFD A CV 7.75% 034425207 1098 5603 SH SOLE 01 5603 0
ANIXTER INTL INC NOTE 6/2 035290AC9 585 1709000 PRN SOLE 01 1709000 0
ANNTAYLOR STORES CORP COM 036115103 5581 128400 SH SOLE 01 128400 0
ANTEON INTL CORP COM 03674E108 270 9600 SH SOLE 01 9600 0
ANTHEM INC COM 03674B104 691 7700 SH SOLE 01 7700 0
AON CORP COM 037389103 276 10000 SH SOLE 01 10000 0
ARCHSTONE SMITH TR COM 039583109 292 10000 SH SOLE 01 10000 0
ARDEN RLTY INC COM 039793104 718 22100 SH SOLE 01 22100 0
ARGONAUT GROUP INC COM 040157109 225 12100 SH SOLE 01 12100 0
ASK JEEVES INC COM 045174109 356 10000 SH SOLE 01 10000 0
AVALONBAY CMNTYS INC COM 053484101 343 6500 SH SOLE 01 6500 0
AVNET INC DBCV 2.000% 3/1 053807AL7 796 750000 PRN SOLE 01 750000 0
BANK ONE CORP COM 06423A103 240 4400 SH SOLE 01 4400 0
BISYS GROUP INC NOTE 4.000% 3/1 055472AB0 29 30000 PRN SOLE 01 30000 0
BOISE CASCADE CORP COM 097383103 1548 44700 SH SOLE 01 44700 0
BOSTON PROPERTIES INC COM 101121101 2130 39456 SH SOLE 01 39456 0
BP PLC SPONSORED ADR 055622104 211 4210 SH SOLE 01 4210 0
BRINKER INTL INC DBCV 10/1 109641AC4 94 133000 PRN SOLE 01 133000 0
BRISTOL MYERS SQUIBB CO COM 110122108 366 15000 SH SOLE 01 15000 0
BROWN FORMAN CORP CL B 115637209 741 16000 SH SOLE 01 16000 0
BUCKLE INC COM 118440106 831 35600 SH SOLE 01 35600 0
CAMDEN PPTY TR SH BEN INT 133131102 499 11500 SH SOLE 01 11500 0
CAPSTONE TURBINE CORP COM 14067D102 47 20000 SH SOLE 01 20000 0
CARNIVAL CORP DBCV 2.000% 4/1 143658AN2 48 38000 PRN SOLE 01 38000 0
CATELLUS DEV CORP NEW COM 149113102 302 11800 SH SOLE 01 11800 0
CELESTICA INC NOTE 8/0 15101QAA6 169 310000 PRN SOLE 01 310000 0
CENDANT CORP COM 151313103 1435 61745 SH SOLE 01 61745 0
CHARLES RIV LABORATORIES INC DBCV 3.500% 2/0 159863AL3 119 100000 PRN SOLE 01 100000 0
CHELSEA PPTY GROUP INC COM 163421100 1087 17700 SH SOLE 01 17700 0
CHEVRONTEXACO CORP COM 166764100 390 4500 SH SOLE 01 4500 0
CHINADOTCOM CORP CL A G2108N109 881 99467 SH SOLE 01 99467 0
CITIGROUP INC COM 172967101 504 9745 SH SOLE 01 9745 0
CLAIRES STORES INC COM 179584107 302 14500 SH SOLE 01 14500 0
COMVERSE TECHNOLOGY INC DEBT 5/1 205862AL9 32 27000 PRN SOLE 01 27000 0
CONOCOPHILLIPS COM 20825C104 336 4900 SH SOLE 01 4900 0
CONSECO INC COM NEW 208464883 541 24000 SH SOLE 01 24000 0
CONVERGYS CORP COM 212485106 312 20500 SH SOLE 01 20500 0
COSTCO COMPANIES INC NOTE 8/1 22160QAC6 235 282000 PRN SOLE 01 282000 0
COSTCO WHSL CORP NEW COM 22160K105 224 6060 SH SOLE 01 6060 0
COUNTRYWIDE FINANCIAL CORP COM 222372104 227 2441 SH SOLE 01 2441 0
COUNTRYWIDE FINANCIAL CORP NOTE 2/0 222372AE4 1837 1276000 PRN SOLE 01 1276000 0
CYPRESS SEMICONDUCTOR CORP NOTE 1.250% 6/1 232806AH2 7396 5000000 PRN SOLE 01 5000000 0
DAIMLERCHRYSLER AG ORD D1668R123 209 5000 SH SOLE 01 5000 0
DANIELSON HLDG CORP COM 236274106 408 44400 SH SOLE 01 44400 0
DELL INC COM 24702R101 249 7410 SH SOLE 01 7410 0
DISNEY WALT CO NOTE 2.125% 4/1 254687AU0 26 25000 PRN SOLE 01 25000 0
DOLLAR GEN CORP COM 256669102 209 11000 SH SOLE 01 11000 0
DRESS BARN INC COM 261570105 2028 117619 SH SOLE 01 117619 0
DUANE READE INC NOTE 2.148% 4/1 263578AC0 525 925000 PRN SOLE 01 925000 0
DUKE ENERGY CORP COM 264399106 231 10500 SH SOLE 01 10500 0
E TRADE FINANCIAL CORP NOTE 6.000% 2/0 269246AB0 345 338000 PRN SOLE 01 338000 0
ECHOSTAR COMMUNICATIONS NEW NOTE 5.750% 5/1 278762AG4 385 370000 PRN SOLE 01 370000 0
EL PASO CORP COM 28336L109 68 10000 SH SOLE 01 10000 0
ELECTRIC CITY CORP COM 284868106 168 80000 SH SOLE 01 80000 0
ENTERGY CORP NEW COM 29364G103 231 3925 SH SOLE 01 3925 0
EQUITY OFFICE PROPERTIES TRU COM 294741103 386 13300 SH SOLE 01 13300 0
ERESEARCHTECHNOLOGY INC COM 29481V108 282 10000 SH SOLE 01 10000 0
EVERGREEN RES INC NOTE 4.750%12/1 299900AB6 23 15000 PRN SOLE 01 15000 0
EXXON MOBIL CORP COM 30231G102 610 14745 SH SOLE 01 14745 0
FEDERAL NATL MTG ASSN COM 313586109 3446 46600 SH SOLE 01 46600 0
FEDERAL REALTY INVT TR SH BEN INT NEW 313747206 455 10000 SH SOLE 01 10000 0
FORD MTR CO DEL COM PAR $0.01 345370860 133 10000 SH SOLE 01 10000 0
FREEPORT-MCMORAN COPPER & GO CL B 35671D857 469 12167 SH SOLE 01 12167 0
FREEPORT-MCMORAN COPPER & GO NOTE 7.000% 2/1 35671DAK1 39 25000 PRN SOLE 01 25000 0
FRONTLINE LTD ORD G3682E127 282 10300 SH SOLE 01 10300 0
GAP INC DEL COM 364760108 1968 90125 SH SOLE 01 90125 0
GAP INC DEL NOTE 5.750% 3/1 364760AJ7 131 93000 PRN SOLE 01 93000 0
GATX CORP NOTE 7.500% 2/0 361448AC7 30 27000 PRN SOLE 01 27000 0
GENERAL ELEC CO COM 369604103 483 15905 SH SOLE 01 15905 0
GENERAL GROWTH PPTYS INC COM 370021107 407 12000 SH SOLE 01 12000 0
GENERAL MARITIME CORP SHS Y2692M103 386 18200 SH SOLE 01 18200 0
GENERAL MLS INC DBCV 10/2 370334AU8 25 36000 PRN SOLE 01 36000 0
GENERAL MTRS CORP DEB SR CONV B 370442733 654 25900 SH SOLE 01 25900 0
GENETRONICS BIOMEDICAL CORP COM 371916107 18 11000 SH SOLE 01 11000 0
GEORGIA PAC CORP COM 373298108 1597 47507 SH SOLE 01 47507 0
GOODRICH CORP COM 382388106 225 8000 SH SOLE 01 8000 0
GOODYS FAMILY CLOTHING INC COM 382588101 2288 215876 SH SOLE 01 215876 0
GOVERNMENT PPTYS TR INC COM 38374W107 675 50000 SH SOLE 01 50000 0
GUESS INC COM 401617105 132 11000 SH SOLE 01 11000 0
GYMBOREE CORP COM 403777105 978 62815 SH SOLE 01 62815 0
HASBRO INC DBCV 2.750%12/0 418056AN7 25 21000 PRN SOLE 01 21000 0
HEALTH MGMT ASSOC INC NEW NOTE 1/2 421933AD4 13 14000 PRN SOLE 01 14000 0
HEWLETT PACKARD CO COM 428236103 240 10500 SH SOLE 01 10500 0
HEWLETT PACKARD CO NOTE 10/1 428236AC7 117 205000 PRN SOLE 01 205000 0
HNC SOFTWARE INC NOTE 5.250% 9/0 40425PAC1 80 75000 PRN SOLE 01 75000 0
HOME DEPOT INC COM 437076102 487 13104 SH SOLE 01 13104 0
HUANENG PWR INTL INC SPON ADR N 443304100 749 10000 SH SOLE 01 10000 0
IDT CORP CL B 448947309 4697 250000 SH SOLE 01 250000 0
IMC GLOBAL INC PFD CV 7.5% 449669209 240 2600 SH SOLE 01 2600 0
INDYMAC BANCORP INC COM 456607100 494 13600 SH SOLE 01 13600 0
INPUT/OUTPUT INC COM 457652105 79 10300 SH SOLE 01 10300 0
INTERNATIONAL BUSINESS MACHS COM 459200101 321 3487 SH SOLE 01 3487 0
INTERNATIONAL GAME TECHNOLOG DBCV 1/2 459902AL6 39 40000 PRN SOLE 01 40000 0
INTERNATIONAL RECTIFIER CORP NOTE 4.250% 7/1 460254AE5 11 11000 PRN SOLE 01 11000 0
INTERPUBLIC GROUP COS INC NOTE 1.870% 6/0 460690AJ9 168 179000 PRN SOLE 01 179000 0
INTRAWEST CORPORATION COM NEW 460915200 1635 75000 SH SOLE 01 75000 0
INTUIT COM 461202103 485 11000 SH SOLE 01 11000 0
INVITROGEN CORP COM 46185R100 328 4715 SH SOLE 01 4715 0
ISIS PHARMACEUTICALS INC DEL NOTE 5.500% 5/0 464337AC8 60 65000 PRN SOLE 01 65000 0
JOHNSON & JOHNSON COM 478160104 391 7740 SH SOLE 01 7740 0
KEY ENERGY SVCS INC NOTE 5.000% 9/1 492914AF3 241 242000 PRN SOLE 01 242000 0
KFX INC COM 48245L107 4090 421000 SH SOLE 01 421000 0
KINDRED HEALTHCARE INC *W EXP 04/20/200 494580111 290 13102 SH SOLE 01 13102 0
KIRKLANDS INC COM 497498105 238 574 SH SOLE 01 574 0
KOHLS CORP COM 500255104 1518 31200 SH SOLE 01 31200 0
LAMAR ADVERTISING CO NOTE 2.875%12/3 512815AG6 151 145000 PRN SOLE 01 145000 0
LEGG MASON INC NOTE 6/0 524901AG0 3415 5000000 PRN SOLE 01 5000000 0
LENNAR CORP NOTE 4/0 526057AF1 2081 2665000 PRN SOLE 01 2665000 0
LIBERTY MEDIA CORP NEW COM SER A 530718105 267 24413 SH SOLE 01 24413 0
LIBERTY PPTY TR SH BEN INT 531172104 448 10000 SH SOLE 01 10000 0
LONGS DRUG STORES CORP COM 543162101 548 30000 SH SOLE 01 30000 0
LOWES COS INC NOTE 2/1 548661CF2 108 120000 PRN SOLE 01 120000 0
LOWES COS INC NOTE 0.861%10/1 548661CG0 268 253000 PRN SOLE 01 253000 0
MAGELLAN HEALTH SVCS INC COM NEW 559079207 418 15302 SH SOLE 01 15302 0
MANOR CARE INC NEW NOTE 2.125% 4/1 564055AE1 19 15000 PRN SOLE 01 15000 0
MATSUSHITA ELEC INDL ADR 576879209 341 22000 SH SOLE 01 22000 0
MAVERICK TUBE CORP COM 577914104 210 9000 SH SOLE 01 9000 0
MCDONALDS CORP COM 580135101 259 9200 SH SOLE 01 9200 0
MCMORAN EXPLORATION CO NOTE 6.000% 7/0 582411AB0 2 100000 PRN SOLE 01 100000 0
MEDTRONIC INC DBCV 1.250% 9/1 585055AB2 1032 1000000 PRN SOLE 01 1000000 0
MERCER INS GROUP INC COM 587902107 258 20000 SH SOLE 01 20000 0
MERCURY INTERACTIVE CORP NOTE 4.750% 7/0 589405AB5 74 74200 PRN SOLE 01 74200 0
MERRILL LYNCH & CO INC COM 590188108 220 3700 SH SOLE 01 3700 0
MERRILL LYNCH & CO INC NOTE 5/2 590188A65 164 300000 PRN SOLE 01 300000 0
MI DEVS INC CL A SUB VTG 55304X104 221 8100 SH SOLE 01 8100 0
MICRON TECHNOLOGY INC NOTE 2.500% 2/0 595112AG8 1459 1000000 PRN SOLE 01 1000000 0
MICROSOFT CORP COM 594918104 346 13810 SH SOLE 01 13810 0
MISSION RESOURCES CORP COM 605109107 230 100000 SH SOLE 01 100000 0
MOTOROLA INC COM 620076109 263 15000 SH SOLE 01 15000 0
NASDAQ 100 TR UNIT SER 1 631100104 1091 30900 SH SOLE 01 30900 0
NETFLIX COM INC COM 64110L106 283 10000 SH SOLE 01 10000 0
NETWORKS ASSOCS INC NOTE 5.250% 8/1 64123LAB7 50 47000 PRN SOLE 01 47000 0
NEXTEL COMMUNICATIONS INC NOTE 5.250% 1/1 65332VAY9 30 30000 PRN SOLE 01 30000 0
NICOR INC COM 654086107 12430 350000 SH SOLE 01 350000 0
NOKIA CORP SPONSORED ADR 654902204 318 16110 SH SOLE 01 16110 0
OMI CORP NEW COM Y6476W104 255 25000 SH SOLE 01 25000 0
ORACLE CORP COM 68389X105 191 15876 SH SOLE 01 15876 0
PACIFIC SUNWEAR CALIF INC COM 694873100 2098 92476 SH SOLE 01 92476 0
PENN TREATY AMERN CORP NOTE 6.250%10/1 707874AD5 4201 3106000 PRN SOLE 01 3106000 0
PEPSICO INC COM 713448108 388 7355 SH SOLE 01 7355 0
PERFORMANCE FOOD GROUP CO NOTE 5.500%10/1 713755AA4 387 344000 PRN SOLE 01 344000 0
PFIZER INC COM 717081103 415 11875 SH SOLE 01 11875 0
PG&E CORP COM 69331C108 858 29600 SH SOLE 01 29600 0
PHELPS DODGE CORP COM 717265102 1037 12700 SH SOLE 01 12700 0
PHOENIX COS INC NEW CORPORATE UNIT 71902E406 569 14200 SH SOLE 01 14200 0
POLO RALPH LAUREN CORP CL A 731572103 1268 37000 SH SOLE 01 37000 0
PRENTISS PPTYS TR SH BEN INT 740706106 615 17000 SH SOLE 01 17000 0
PRIDE INTL INC DEL FRNT 2.500% 3/0 74153QAB8 27 24000 PRN SOLE 01 24000 0
PROCTER & GAMBLE CO COM 742718109 305 2900 SH SOLE 01 2900 0
PROVIDIAN FINL CORP NOTE 2/1 74406AAB8 10 20000 PRN SOLE 01 20000 0
PROVIDIAN FINL CORP NOTE 3.250% 8/1 74406AAA0 50 50000 PRN SOLE 01 50000 0
PROVINCE HEALTHCARE CO NOTE 4.500%11/2 743977AC4 25 25000 PRN SOLE 01 25000 0
PUBLIC STORAGE INC COM 74460D109 604 12500 SH SOLE 01 12500 0
REGENCY CTRS CORP COM 758849103 518 11500 SH SOLE 01 11500 0
RENTECH INC COM 760112102 54 60000 SH SOLE 01 60000 0
REVLON INC CL A 761525500 248 96776 SH SOLE 01 96776 0
RF MICRODEVICES INC NOTE 3.750% 8/1 749941AB6 490 490000 PRN SOLE 01 490000 0
RICHARDSON ELECTRS LTD SDCV 7.250%12/1 763165AB3 99 100000 PRN SOLE 01 100000 0
ROBBINS & MYERS INC NOTE 8.000% 1/3 770196AB9 625 1311000 PRN SOLE 01 1311000 0
ROUSE CO COM 779273101 1429 27000 SH SOLE 01 27000 0
SAFEWAY INC COM NEW 786514208 213 10700 SH SOLE 01 10700 0
SCHERING PLOUGH CORP COM 806605101 251 15700 SH SOLE 01 15700 0
SCHLUMBERGER LTD COM 806857108 355 5600 SH SOLE 01 5600 0
SCHOOL SPECIALTY INC NOTE 6.000% 8/0 807863AC9 46 45000 PRN SOLE 01 45000 0
SCHWAB CHARLES CORP NEW COM 808513105 220 19500 SH SOLE 01 19500 0
SIERRA HEALTH SVCS INC DBCV 2.250% 3/1 826322AB5 828 410000 PRN SOLE 01 410000 0
SILICON GRAPHICS INC COM 827056102 178 69800 SH SOLE 01 69800 0
SILICON VY BANCSHARES NOTE 6/1 827064AC0 65 59000 PRN SOLE 01 59000 0
SIMON PPTY GROUP INC NEW COM 828806109 952 16500 SH SOLE 01 16500 0
SL GREEN RLTY CORP COM 78440X101 253 5300 SH SOLE 01 5300 0
SMITHFIELD FOODS INC COM 832248108 781 28800 SH SOLE 01 28800 0
SOUTHWEST WTR CO COM 845331107 342 25000 SH SOLE 01 25000 0
SPDR TR UNIT SER 1 78462F103 1459 13000 SH SOLE 01 13000 0
STAGE STORES INC COM NEW 85254C305 1787 49200 SH SOLE 01 49200 0
STANDARD MTR PRODS INC COM 853666105 188 12900 SH SOLE 01 12900 0
STANDARD MTR PRODS INC SDCV 6.750% 7/1 853666AB1 23 29000 PRN SOLE 01 29000 0
STARWOOD HOTELS&RESORTS WRLD PAIRED CTF 85590A203 401 10000 SH SOLE 01 10000 0
STONE ENERGY CORP COM 861642106 558 11800 SH SOLE 01 11800 0
STONEPATH GROUP INC COM 861837102 58 16000 SH SOLE 01 16000 0
SUNRISE SENIOR LIVING INC NOTE 5.250% 2/0 86768KAE6 1703 1450000 PRN SOLE 01 1450000 0
SYNTROLEUM CORP COM 871630109 172 72000 SH SOLE 01 72000 0
TALBOTS INC COM 874161102 3267 91300 SH SOLE 01 91300 0
TAUBMAN CTRS INC COM 876664103 491 19900 SH SOLE 01 19900 0
TEEKAY SHIPPING MARSHALL ISL COM Y8564W103 1390 20500 SH SOLE 01 20500 0
TELEFONOS DE MEXICO S A DBCV 4.250% 6/1 879403AD5 55 47000 PRN SOLE 01 47000 0
TERRA INDS INC COM 880915103 124 20000 SH SOLE 01 20000 0
TEVA PHARMACEUTICALS FIN B V DBCV 0.375%11/1 88164MAB4 31 21000 PRN SOLE 01 21000 0
TRAVELERS PPTY CAS CORP NEW CL A 89420G109 664 38670 SH SOLE 01 38670 0
TYCO INTL GROUP S A DBCV 2.750% 1/1 902118BF4 6692 5000000 PRN SOLE 01 5000000 0
TYCO INTL GROUP S A DBCV 3.125% 1/1 902118BG2 4 160000 PRN SOLE 01 160000 0
TYCO INTL LTD NEW COM 902124106 442 15689 SH SOLE 01 15689 0
UNITED STATES CELLULAR CORP NOTE 6/1 911684AA6 349 665000 PRN SOLE 01 665000 0
UNITED STATES STL CORP NEW COM 912909108 928 24900 SH SOLE 01 24900 0
US BANCORP DEL COM NEW 902973304 307 11100 SH SOLE 01 11100 0
USEC INC COM 90333E108 98 12000 SH SOLE 01 12000 0
VECTOR GROUP LTD COM 92240M108 1044 62350 SH SOLE 01 62350 0
VECTOR GROUP LTD NOTE 6.250% 7/1 92240MAC2 161 180000 PRN SOLE 01 180000 0
VECTREN CORP COM 92240G101 243 10000 SH SOLE 01 10000 0
VERITAS DGC INC FRNT 3/1 92343PAD9 1648 1500000 PRN SOLE 01 1500000 0
VERIZON COMMUNICATIONS COM 92343V104 226 6240 SH SOLE 01 6240 0
VIROPHARMA INC NOTE 6.000% 3/0 928241AC2 339 500000 PRN SOLE 01 500000 0
VODAFONE GROUP PLC NEW SPONSORED ADR 92857W100 291 12145 SH SOLE 01 12145 0
VORNADO RLTY TR PFD CONV SER A 929042208 458 5600 SH SOLE 01 5600 0
WAL MART STORES INC COM 931142103 300 4999 SH SOLE 01 4999 0
WASTE CONNECTIONS INC FRNT 5/0 941053AD2 63 61000 PRN SOLE 01 61000 0
WEATHERFORD INTL INC DBCV 6/3 947074AB6 183 300000 PRN SOLE 01 300000 0
WESTERN GAS RES INC PFD CONV $2.625 958259301 2701 43548 SH SOLE 01 43548 0
WHOLE FOODS MKT INC SDCV 3/0 966837AC0 24 30000 PRN SOLE 01 30000 0
WYETH COM 983024100 243 6500 SH SOLE 01 6500 0
XEROX CORP PFD CONV SER C 984121509 666 5100 SH SOLE 01 5100 0
YOUNG & RUBICAM INC NOTE 3.000% 1/1 987425AC9 47 47000 PRN SOLE 01 47000 0