13F-HR 1 y05623fe13fvhr.txt ALEXANDRA INVESTMENT MANAGEMENT, LLC 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, 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: Alexandra Investment Management, LLC Address: 767 Third Avenue 39th Floor New York, New York 10017 Form 13F File Number: 28-10827 ------------------- 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: Mikhail Filimonov Title: Chairman and Chief Executive Officer Phone: 212-301-1800 Signature, Place, and Date of Signing: /s/ Mikhail Filimonov New York, NY 02/14/05 ------------------------- ------------------- ------------ [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).) 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: 173 ------------ Form 13F Information Table Value Total: 2,884,265 ------------ (thousands) List of Other Included Managers: 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 [If there are no entries in this list, state "NONE" and name the column headings and list entries.] No. Form 13F File Number Name --- 28.--------------------- ------------------------------------ [Repeat as necessary]

LSI LOGIC CORP NOTE 4.000% 11/0 502161AG7 31,100 31,335,000 PRN SOLE SOLE LTX CORP NOTE 4.250% 8/1 502392AE3 36,353 37,000,000 PRN SOLE SOLE MANOR CARE INC NEW NOTE 2.125% 4/1 564055AE1 7,234 5,500,000 PRN SOLE SOLE MANUGISTICS GROUP INC NOTE 5.000% 11/0 565011AB9 13,195 14,500,000 PRN SOLE SOLE MARKEL CORP NOTE 6/0 570535AC8 7,465 17,500,000 PRN SOLE SOLE MASSEY ENERGY CO NOTE 4.750% 5/1 576203AB9 7,960 4,000,000 PRN SOLE SOLE MEDAREX INC NOTE 2.250% 5/1 583916AG6 5,367 5,000,000 PRN SOLE SOLE MEDICIS PHARMACEUTICAL CORP NOTE 2.500% 6/0 58470KAA2 41,751 31,750,000 PRN SOLE SOLE MEDTRONIC INC DBCV 1.250% 9/1 585055AB2 20,159 20,000,000 PRN SOLE SOLE MEMBERWORKS INC NOTE 5.500% 10/0 586002AB3 4,720 4,000,000 PRN SOLE SOLE MENTOR GRAPHICS CORP NOTE 6.875% 6/1 587200AB2 18,200 17,500,000 PRN SOLE SOLE MERCURY INTERACTIVE CORP NOTE 4.750% 7/0 589405AB5 35,350 35,000,000 PRN SOLE SOLE MESA AIR GROUP INC NOTE 2.482% 6/1 590479AB7 4,000 10,000,000 PRN SOLE SOLE MILLENNIUM PHARMACEUTICALS I NOTE 5.500% 1/1 599902AB9 10,100 10,000,000 PRN SOLE SOLE MSC SOFTWARE CORP NOTE 2.500% 5/0 553531AE4 5,085 4,000,000 PRN SOLE SOLE NAVIGANT INTL INC NOTE 4.875% 11/0 63935RAB4 2,000 2,000,000 PRN SOLE SOLE NAVISTAR INTL CORP NEW NOTE 2.500% 12/1 63934EAG3 709 500,000 PRN SOLE SOLE INHALE THERAPEUTIC SYS INC NOTE 3.500% 10/1 457191AH7 5,669 5,875,000 PRN SOLE SOLE INHALE THERAPEUTIC SYS INC NOTE 5.000% 2/0 457191AF1 14,933 14,933,000 PRN SOLE SOLE NEXTEL PARTNERS INC NOTE 1.500% 11/1 65333FAM9 6,513 2,500,000 PRN SOLE SOLE NORTEL NETWORKS CORP NEW NOTE 4.250% 9/0 656568AB8 3,900 4,000,000 PRN SOLE SOLE NPS PHARMACEUTICALS INC NOTE 3.000% 6/1 62936PAB9 11,895 13,000,000 PRN SOLE SOLE OHIO CAS CORP NOTE 5.000% 3/1 677240AC7 10,709 10,000,000 PRN SOLE SOLE OMNICARE CAP TR I PIERS 68214L201 2,187 40,000 PRN SOLE SOLE OSCIENT PHARMACEUTICALS CORP NOTE 3.500% 4/1 68812RAB1 2,053 2,250,000 PRN SOLE SOLE PACIFICARE HEALTH SYS DEL DBCV 3.000% 10/1 695112AG7 43,202 15,750,000 PRN SOLE SOLE PEGASUS SOLUTION INC NOTE 3.875% 7/1 705906AB1 13,298 14,000,000 PRN SOLE SOLE PG&E CORP NOTE 9.500% 6/3 69331CAD0 13,356 5,000,000 PRN SOLE SOLE PMA CAP CORP DBCV 6.500% 9/3 693419AD5 7,735 7,000,000 PRN SOLE SOLE PMC-SIERRA INC NOTE 3.750% 8/1 69344FAB2 11,969 11,969,000 PRN SOLE SOLE PRG-SCHULTZ INTERNATIONAL IN NOTE 4.750% 11/2 69357CAA5 5,356 5,500,000 PRN SOLE SOLE PROASSURANCE CORP DBCV 3.900% 6/3 74267CAB2 18,349 15,750,000 PRN SOLE SOLE PROTEIN DESIGN LABS INC NOTE 2.750% 8/1 74369LAD5 9,551 7500,000 PRN SOLE SOLE PROVIDIAN FINL CORP NOTE 2/1 74406AAB8 16,674 32,065,000 PRN SOLE SOLE PROVIDIAN FINL CORP NOTE 2.750% 3/1 74406AAD4 5,964 5,000,000 PRN SOLE SOLE PROVIDIAN FINL CORP NOTE 3.250% 8/1 74406AAA0 30,405 30,481,000 PRN SOLE SOLE PROVINCE HEALTHCARE CO NOTE 4.500% 11/2 743977AC4 10,353 10,250,000 PRN SOLE SOLE QUANTA SVCS INC NOTE 4.000% 7/0 74762EAA0 6,650 7,000,000 PRN SOLE SOLE REGENERON PHARMACEUTICALS NOTE 5.500% 10/1 75886FAB3 9,645 10,000,000 PRN SOLE SOLE RELIANT ENERGY INC NOTE 5.000% 8/1 75952BAD7 11,550 7,000,000 PRN SOLE SOLE RF MICRODEVICES INC NOTE 1.500% 7/0 749941AE0 8,527 7,500,000 PRN SOLE SOLE ROYAL CARIBBEAN CRUISES LTD NOTE 5/1 780153AM4 17,111 20,000,000 PRN SOLE SOLE SCI SYS INC NOTE 3.00% 3/1 783890AF3 7,358 7,745,000 PRN SOLE SOLE SANMINA SCI CORP SDCV 9/1 800907AD9 15,391 29,040,000 PRN SOLE SOLE SCHLUMBERGER LTD DBCV 1.500% 6/0 806857AC2 12,679 11,500,000 PRN SOLE SOLE SCIOS INC NOTE 5.500% 8/1 808905AB9 24,518 21,000,000 PRN SOLE SOLE SELECTIVE INS GROUP INC NOTE 1.616% 9/2 816300AB3 19,696 32,500,000 PRN SOLE SOLE SEPRACOR INC SDCV 5.000% 2/1 817315AL8 1,044 1,000,000 PRN SOLE SOLE SIERRA HEALTH SVCS INC NOTE 2.250% 3/1 826322AB5 16,858 5,500,000 PRN SOLE SOLE SIERRA PAC RES NEW NOTE 7.250% 2/1 826428AF1 32,300 13,000,000 PRN SOLE SOLE SINCLAIR BROADCAST GROUP INC NOTE 4.875% 7/1 829226AU3 4,713 5,000,000 PRN SOLE SOLE SKECHERS U S A INC NOTE 4.500% 4/1 830566AB1 75,360 74,799,000 PRN SOLE SOLE SONIC AUTOMOTIVE INC NOTE 5.250% 5/0 83545GAE2 13,002 13,267,000 PRN SOLE SOLE ST MARY LD & EXPL CO NOTE 5.750% 3/1 792228AC2 20,982 12,500,000 PRN SOLE SOLE STANDARD MTR PRODS INC SDCV 6.750% 7/1 853666AB1 7,865 7,905,000 PRN SOLE SOLE STEEL DYNAMICS INC NOTE 4.000% 12/1 858119AD2 18,290 8,000,000 PRN SOLE SOLE SUNTERRA CORP NOTE 3.750% 3/2 86787DAC3 17,200 16,000,000 PRN SOLE SOLE SUPERVALU INC NOTE 11/0 868536AP8 7,086 20,000,000 PRN SOLE SOLE THORATEC CORP NOTE 2.375% 5/1 885175AB5 2,538 5,000,000 PRN SOLE SOLE TRANSOCEAN SEDCO FOREX INC DBCV 1.500% 5/1 893830AD1 24,531 25,000,000 PRN SOLE SOLE TYCO INTL GROUPS A DBCV 2.750% 1/1 902118BF4 32,893 20,750,000 PRN SOLE SOLE VALEANT PHARMACEUTICALS INTL NOTE 4.000% 11/1 91911XAD6 20,780 18,850,000 PRN SOLE SOLE VALEANT PHARMACEUTICALS INTL NOTE 3.000% 8/1 91911XAB0 8,243 7,500,000 PRN SOLE SOLE VEECO INSTRS INC DEL NOTE 4.125% 12/2 922417AB6 18,555 18,828,000 PRN SOLE SOLE VERTEX PHARMACEUTICALS INC NOTE .0005% 9/1 92532FAD2 14,933 15,500,000 PRN SOLE SOLE VIROPHARMA INC NOTE 6.000% 3/0 928241AC2 1,539 1,800,000 PRN SOLE SOLE WATSON PHARMACEUTICALS INC DBCV 1.750% 3/1 942683AC7 8,501 8,250,000 PRN SOLE SOLE WESTERN WIRELES CORP NOTE 4.625% 6/1 95988EAF2 11,613 5,500,000 PRN SOLE SOLE WIND RIVER SYSTEMS INC NOTE 3.750% 12/1 973149AE7 63,926 64,086,000 PRN SOLE SOLE WMS INDS INC NOTE 2.750% 7/1 929297AE9 46,347 25,500,000 PRN SOLE SOLE XCEL ENERGY INC NOTE 7.500% 11/2 98389BAB6 15,600 10,000,000 PRN SOLE SOLE XCYTE THERAPIES INC PFD CV EXCH 98389F408 1,250 125,000 PRN SOLE SOLE YAHOO INC FRNT 4/0 984332AB2 85,220 44,750,000 PRN SOLE SOLE ZENITH NATL INS CORP NOTE 5.750% 3/3 989390AH2 25,575 12,500,000 PRN SOLE SOLE

ALEXANDRA INVESTMENT MANAGEMENT LLC 13F-HR