Bruce & Co., Inc. Long-Term Concentrated

Location: Chicago, IL

CIK: 0001358331 · Show all filings

Period: Q1 2014 (← Previous) (Next →)

Filing Date: May 15, 2014

Total Value: $372M (81.1% shares, 18.9% debt)

Holdings (53)

UHAL AMERCO 15.5%

Value $57.81M Shares 249,200 Est. Cost $21.49 Unrealized +7.6%

— Mannkind 7.6%

Value $28.39M Shares 29,885,000 Est. Cost $1.06 Unrealized —

— Flotek 6.2%

Value $22.95M Shares 819,671 Est. Cost $17.94 Unrealized —

ALL Allstate 5.0%

Value $18.5M Shares 327,000 Est. Cost $41.10 Unrealized +1.1%

Value $17.92M Shares 93,100 Est. Cost $115.51 Unrealized -5.4%

— Intermune 4.2%

Value $15.78M Shares 6,000,000 Est. Cost $1.22 Unrealized —

— MERCK & CO INC 4.0%

Value $14.85M Shares 261,500 Est. Cost $44.23 Unrealized —

PFE PFIZER INC 3.9%

Value $14.52M Shares 452,000 Est. Cost $16.51 Unrealized +10.3%

ABBV Abbvie 3.2%

Value $11.89M Shares 231,300 Est. Cost $26.55 Unrealized +18.6%

— Nextera Energy 3.2%

Value $11.78M Shares 124,000 Est. Cost $77.68 Unrealized —

— Diamond Foods 3.0%

Value $11.28M Shares 323,000 Est. Cost $20.75 Unrealized —

— Unisource Energy 2.8%

Value $10.5M Shares 175,000 Est. Cost $41.00 Unrealized —

ABT Abbott 2.4%

Value $8.83M Shares 229,300 Est. Cost $29.23 Unrealized +5.1%

— Titan Wheel 2.2%

Value $8.07M Shares 425,000 Est. Cost $16.87 Unrealized —

— Endeavor 2.1%

Value $7.99M Shares 11,750,000 Est. Cost $0.61 Unrealized —

Value $7.951M Shares 100,000 Est. Cost $73.88 Unrealized —

— Petroquest 2.1%

Value $7.917M Shares 203,000 Est. Cost $33.00 Unrealized —

— Omega Protein 1.9%

Value $7.242M Shares 600,000 Est. Cost $8.98 Unrealized —

— XM Sirius 1.9%

Value $7.08M Shares 4,000,000 Est. Cost $1.90 Unrealized —

RLI RLI CORP 1.8%

Value $6.618M Shares 149,600 Est. Cost $12.47 Unrealized +10.5%

— Direct TV 1.8%

Value $6.61M Shares 86,500 Est. Cost $61.62 Unrealized —

— Sandridge Energy 1.7%

Value $6.3M Shares 60,000 Est. Cost $93.00 Unrealized —

— Calpine 1.7%

Value $6.165M Shares 294,849 Est. Cost $21.23 Unrealized —

— C&J Energy 1.6%

Value $5.832M Shares 200,000 Est. Cost $19.37 Unrealized —

Value $4.477M Shares 1,565,494 Est. Cost $2.73 Unrealized —

Value $4.001M Shares 37,400 Est. Cost $106.98 Unrealized —

— INTERNET CAPITAL 0.8%

Value $3.066M Shares 153,300 Est. Cost $11.40 Unrealized —

— BPZ Resources 0.8%

Value $3.06M Shares 3,000,000 Est. Cost $0.83 Unrealized —

— Intermune 0.7%

Value $2.73M Shares 1,500,000 Est. Cost $1.07 Unrealized —

— Supernus 0.7%

Value $2.715M Shares 1,500,000 Est. Cost $1.25 Unrealized —

— Astrotech 0.7%

Value $2.514M Shares 1,070,073 Est. Cost $0.70 Unrealized —

— Ashland 0.7%

Value $2.487M Shares 25,000 Est. Cost $97.00 Unrealized —

— AES CORP Pfd. C 0.6%

Value $2.366M Shares 46,400 Est. Cost $50.00 Unrealized —

— Intrepid Potash 0.6%

Value $2.319M Shares 150,000 Est. Cost $15.46 Unrealized —

— Integrys Energy 0.6%

Value $2.063M Shares 34,594 Est. Cost $58.43 Unrealized —

— Titan Wheel 0.5%

Value $1.99M Shares 1,000,000 Est. Cost $1.90 Unrealized —

— GAINSCO INC 0.5%

Value $1.925M Shares 240,727 Est. Cost $8.75 Unrealized —

— DURECT CORP 0.4%

Value $1.617M Shares 1,215,973 Est. Cost $1.05 Unrealized —

— Perrigo 0.4%

Value $1.528M Shares 9,926 Est. Cost $153.44 Unrealized —

Value $1.5M Shares 2,000,000 Est. Cost $0.75 Unrealized —

KGC Kinross 0.4%

Value $1.427M Shares 344,848 Est. Cost $5.82 Unrealized -17.6%

— Pepco Holding 0.3%

Value $1.247M Shares 60,900 Est. Cost $18.98 Unrealized —

— Sandridge Energy 0.3%

Value $1.118M Shares 182,168 Est. Cost $4.76 Unrealized —

— US Ecology 0.3%

Value $939K Shares 25,300 Est. Cost $26.52 Unrealized —

— DeCode Genetics 0.2%

Value $867K Shares 24,787,000 Est. Cost $0.03 Unrealized —

XEL XEL Energy 0.2%

Value $744K Shares 24,511 Est. Cost $19.76 Unrealized +0.6%

— Agenus 0.2%

Value $740K Shares 233,515 Est. Cost $3.79 Unrealized —

Value $506K Shares 5,184 Est. Cost $53.69 Unrealized +8.2%

— Double Eagle 0.1%

Value $448K Shares 156,919 Est. Cost $3.92 Unrealized —

— Hospira 0.1%

Value $432K Shares 10,000 Est. Cost $31.20 Unrealized —

XPL Solitario 0.1%

Value $322K Shares 254,040 Est. Cost $1.22 Unrealized -1.6%

— Kellogg 0.1%

Value $278K Shares 4,436 Est. Cost $38.95 Unrealized -3.6%

— Oscient Pharm Corp 0.0%

Value $129K Shares 2,499,575 Est. Cost $0.05 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
UHAL	AMERCO	249,200	$57.81M	15.5%	$21.49	+7.6%	Common	023586100
—	Mannkind	29,885,000	$28.39M	7.6%	$1.06	—	Cv 5.75%	56400PAC6
—	Flotek	819,671	$22.95M	6.2%	$17.94	—	Common	343389102
ALL	Allstate	327,000	$18.5M	5.0%	$41.10	+1.1%	Common	020002101
IBM	IBM	93,100	$17.92M	4.8%	$115.51	-5.4%	Common	459200101
—	Intermune	6,000,000	$15.78M	4.2%	$1.22	—	Cv 2.5%	45884XAF0
—	MERCK & CO INC	261,500	$14.85M	4.0%	$44.23	—	Common	589331107
PFE	PFIZER INC	452,000	$14.52M	3.9%	$16.51	+10.3%	Common	717081103
ABBV	Abbvie	231,300	$11.89M	3.2%	$26.55	+18.6%	Common	00287Y109
—	Nextera Energy	124,000	$11.78M	3.2%	$77.68	—	Common	302571104
—	Diamond Foods	323,000	$11.28M	3.0%	$20.75	—	Common	252603105
—	Unisource Energy	175,000	$10.5M	2.8%	$41.00	—	Common	909205106
ABT	Abbott	229,300	$8.83M	2.4%	$29.23	+5.1%	Common	002824100
—	Titan Wheel	425,000	$8.07M	2.2%	$16.87	—	Common	88830m102
—	Endeavor	11,750,000	$7.99M	2.1%	$0.61	—	Cv 5.5%	29257MAD2
—	Bunge	100,000	$7.951M	2.1%	$73.88	—	Common	G16962105
—	Petroquest	203,000	$7.917M	2.1%	$33.00	—	Pfd 6.875%	716748207
—	Omega Protein	600,000	$7.242M	1.9%	$8.98	—	Common	68210P107
—	XM Sirius	4,000,000	$7.08M	1.9%	$1.90	—	Cv 7%	98375YAU0
RLI	RLI CORP	149,600	$6.618M	1.8%	$12.47	+10.5%	Common	749607107
—	Direct TV	86,500	$6.61M	1.8%	$61.62	—	Common	25490A101
—	Sandridge Energy	60,000	$6.3M	1.7%	$93.00	—	Pfd 8.5%	80007P604
—	Calpine	294,849	$6.165M	1.7%	$21.23	—	Common	131347304
—	C&J Energy	200,000	$5.832M	1.6%	$19.37	—	Common	12467B304
EDAP	EDAP	1,565,494	$4.477M	1.2%	$2.73	—	Common	268311107
—	Bunge	37,400	$4.001M	1.1%	$106.98	—	Pfd 4.875%	032549322
—	INTERNET CAPITAL	153,300	$3.066M	0.8%	$11.40	—	Common	46059C205
—	BPZ Resources	3,000,000	$3.06M	0.8%	$0.83	—	Cv 6.5%	055639aa6
—	Intermune	1,500,000	$2.73M	0.7%	$1.07	—	Cv 5.0%	45884XAD5
—	Supernus	1,500,000	$2.715M	0.7%	$1.25	—	Cv 7.5%	868459AA6
—	Astrotech	1,070,073	$2.514M	0.7%	$0.70	—	Common	846243400
—	Ashland	25,000	$2.487M	0.7%	$97.00	—	Common	044209104
—	AES CORP Pfd. C	46,400	$2.366M	0.6%	$50.00	—	Pfd 6.75%	00808N202
—	Intrepid Potash	150,000	$2.319M	0.6%	$15.46	—	Common	46121Y102
—	Integrys Energy	34,594	$2.063M	0.6%	$58.43	—	Common	92931B106
—	Titan Wheel	1,000,000	$1.99M	0.5%	$1.90	—	Cv 5.625%	888305aa7
—	GAINSCO INC	240,727	$1.925M	0.5%	$8.75	—	Common	363127200
—	DURECT CORP	1,215,973	$1.617M	0.4%	$1.05	—	Common	266605104
—	Perrigo	9,926	$1.528M	0.4%	$153.44	—	Common	BGH1M56
—	GEVO	2,000,000	$1.5M	0.4%	$0.75	—	Cv 7.5%	374396AA7
KGC	Kinross	344,848	$1.427M	0.4%	$5.82	-17.6%	Common	496902404
—	Pepco Holding	60,900	$1.247M	0.3%	$18.98	—	Common	713291102
—	Sandridge Energy	182,168	$1.118M	0.3%	$4.76	—	Common	80007P307
—	US Ecology	25,300	$939K	0.3%	$26.52	—	Common	91732J102
—	DeCode Genetics	24,787,000	$867K	0.2%	$0.03	—	Cv 3.5%	243586AB0
XEL	XEL Energy	24,511	$744K	0.2%	$19.76	+0.6%	Common	98389B100
—	Agenus	233,515	$740K	0.2%	$3.79	—	Common	00847G705
XOM	Exxon	5,184	$506K	0.1%	$53.69	+8.2%	Common	30231G102
—	Double Eagle	156,919	$448K	0.1%	$3.92	—	Common	258570209
—	Hospira	10,000	$432K	0.1%	$31.20	—	Common	441060100
XPL	Solitario	254,040	$322K	0.1%	$1.22	-1.6%	Common	8342EP107
—	Kellogg	4,436	$278K	0.1%	$38.95	-3.6%	Common	487836108
—	Oscient Pharm Corp	2,499,575	$129K	0.0%	$0.05	—	Cv 12.5%	68812RAD7