The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
3D SYSTEMS CORPORATION COMMON STOCK 88554D205 439 10,000 SH   SOLE   0 0 0
ABBVIE INC COMMON STOCK 00287Y109 2,538 61,390 SH   SOLE   0 0 0
ACADIA HEALTHCARE CO INC COMMON STOCK 00404A109 16,076 486,127 SH   DFND   0 0 0
ACME PACKAGING CORP. COMMON STOCK 004764106 0 155,179 SH   SOLE   0 0 0
ACTAVIS, INC. COMMON STOCK 00507K103 1,174 9,300 SH   DFND   0 0 0
ADCARE HEALTH SYSTEMS INC. COMMON STOCK 00650W300 575 119,875 SH   SOLE   0 0 0
AERCAP HOLDINGS N.V. COMMON STOCK N00985106 10,326 591,385 SH   SOLE   0 0 0
AETNA INC. COMMON STOCK 00817Y108 3,158 49,700 SH   DFND   0 0 0
AFFILIATED MANAGERS GROUP INC. COMMON STOCK 008252108 9,317 56,832 SH   SOLE   0 0 0
AGILENT TECHNOLOGIES INC. COMMON STOCK 00846U101 4,396 102,800 SH   DFND   0 0 0
AKORN INC. COMMON STOCK 009728106 10,360 766,300 SH   SOLE   0 0 0
ALLEGHENY TECHNOLOGIES, INC. COMMON STOCK 01741R102 2,690 102,257 SH   DFND   0 0 0
ALLIANCE DATA SYSTEMS COMMON STOCK 018581108 37,604 207,721 SH   SOLE   0 0 0
ALNYLAM PHARMACEUTICALS INC. COMMON STOCK 02043Q107 824 26,592 SH   SOLE   0 0 0
AMERICAN INTERNATIONAL GROUP INC. COMMON STOCK 026874784 28,022 626,900 SH   SOLE   0 0 0
AMERIPRISE FINANCIAL, INC. COMMON STOCK 03076C106 12,117 149,819 SH   SOLE   0 0 0
APOLLO GROUP COMMON STOCK 037604105 2,636 148,750 SH   SOLE   0 0 0
ARTHUR J GALLAGHER & CO COMMON STOCK 363576109 44,413 1,016,541 SH   SOLE   0 0 0
BALL CORPORATION COMMON STOCK 058498106 5,650 136,025 SH   SOLE   0 0 0
BANK OF AMERICA CORPORATION EQUITY WARRANTS 060505153 1,112 1,443,664 SH   SOLE   0 0 0
BE AEROSPACE, INC COMMON STOCK 073302101 6,784 107,550 SH   SOLE   0 0 0
BIG LOTS INC. COMMON STOCK 089302103 348 11,050 SH   SOLE   0 0 0
BIOSCRIP, INC. COMMON STOCK 09069N108 612 37,098 SH   SOLE   0 0 0
BIOVAIL CORP COMMON STOCK 91911K102 15,324 178,023 SH   SOLE   0 0 0
BRUKER CORP COMMON STOCK 116794108 288 17,819 SH   SOLE   0 0 0
CARDINAL HEALTH INC. COMMON STOCK 14149Y108 3,616 76,600 SH   DFND   0 0 0
CARDIOVASCULAR SYSTEMS INC COMMON STOCK 141619106 637 30,036 SH   SOLE   0 0 0
CBS CORP COMMON STOCK 124857202 42,094 861,351 SH   SOLE   0 0 0
CEDAR FAIR LP/CANADA'S WONDERLAND LTD PARTNERSHIP 150185106 36,864 890,436 SH   SOLE   0 0 0
CHARTWELL DIV & INC FUND INC CLOSE END FIXED INCOME MUTUAL FUNDS 25538A204 215 13,475 SH   SOLE   0 0 0
CHELSEA THERAPEUTICS INTERNA COMMON STOCK 163428105 184 80,000 SH   SOLE   0 0 0
CHIMERIX INC COMMON STOCK 16934W106 242 10,000 SH   SOLE   0 0 0
CHUBB CORPORATION COMMON STOCK 171232101 330 3,900 SH   SOLE   0 0 0
CIENA CORPORATION COMMON STOCK 171779309 2,290 117,850 SH   SOLE   0 0 0
CLAYMORE/MAC GLBL SOLAR ENRG EXCHANGE TRADED FUNDS 18383Q739 2,375 100,000 SH   SOLE   0 0 0
COCA-COLA ENTERPRISES INC. COMMON STOCK 19122T109 3,228 91,800 SH   DFND   0 0 0
COLGATE-PALMOLIVE CO COMMON STOCK 194162103 539 9,400 SH   SOLE   0 0 0
COMPUWARE CORPORATION COMMON STOCK 205638109 14,320 1,384,919 SH   SOLE   0 0 0
CONN'S INC COMMON STOCK 208242107 5,887 113,742 SH   SOLE   0 0 0
CORNING INC. COMMON STOCK 219350105 1,357 95,385 SH   SOLE   0 0 0
CORRECTIONS CORPORATION OF AMERICA EQUITY 22025Y407 25,844 763,025 SH   DFND   0 0 0
CREDIT SUISSE ASSET MGMT INC CLOSE END FIXED INCOME MUTUAL FUNDS 224916106 47 12,254 SH   SOLE   0 0 0
CREDIT SUISSE HIGH YIELD BD CLOSE END FIXED INCOME MUTUAL FUNDS 22544F103 49 15,575 SH   SOLE   0 0 0
CST BRANDS INC-WHEN ISSUE COMMON STOCK 12646R105 10,784 350,000 SH   SOLE   0 0 0
DEAN FOODS COMPANY COMMON STOCK 242370104 159 15,900 SH   SOLE   0 0 0
DEERE & CO. COMMON STOCK 244199105 1,085 13,349 SH   SOLE   0 0 0
DEVRY INC. COMMON STOCK 251893103 23,147 746,200 SH   DFND   0 0 0
DIAMONDBACK ENERGY INC COMMON STOCK 25278X109 8,103 243,200 SH   SOLE   0 0 0
DOLLAR GENERAL CORPORATION COMMON STOCK 256677105 303 6,000 SH   SOLE   0 0 0
DOLLAR TREE INC COMMON STOCK 256746108 7,001 137,700 SH   SOLE   0 0 0
DOMUS HOLDINGS COMMON STOCK 75605Y106 11,931 248,350 SH   SOLE   0 0 0
EAGLE CAPITAL GROWTH FUND CLOSE END FIXED INCOME MUTUAL FUNDS 269451100 94 12,250 SH   SOLE   0 0 0
EDWARDS LIFESCIENCES CORPORATION COMMON STOCK 28176E108 1,519 22,600 SH   SOLE   0 0 0
ELLSWORTH FUND LTD CLOSE END FIXED INCOME MUTUAL FUNDS 289074106 182 23,700 SH   SOLE   0 0 0
ENDOCYTE INC COMMON STOCK 29269A102 1,588 120,909 SH   SOLE   0 0 0
ENTERPRISE PRODUCTS PARTNERS LP LTD PARTNERSHIP 293792107 232 3,737 SH   SOLE   0 0 0
EXAMWORKS INC COMMON STOCK 30066A105 1,599 75,333 SH   SOLE   0 0 0
FAIRPOINT COMMUNICATIONS, INC. COMMON STOCK 305560302 1,885 225,708 SH   DFND   0 0 0
FAMILY DOLLAR STORES, INC. COMMON STOCK 307000109 18,551 297,725 SH   DFND   0 0 0
FIDELITY NATIONAL INFORMATIO COMMON STOCK 31620M106 29,594 690,796 SH   SOLE   0 0 0
GENERAC HOLDINGS INC COMMON STOCK 368736104 925 25,000 SH   SOLE   0 0 0
GILEAD SCIENCES, INC. COMMON STOCK 375558103 2,822 55,035 SH   DFND   0 0 0
GNC ACQUISITION HOLDINGS INC COMMON STOCK 36191G107 16,298 368,640 SH   SOLE   0 0 0
GRAY TELEVISION, INC. COMMON STOCK 389375205 125 18,000 SH   SOLE   0 0 0
GULFPORT ENERGY COMMON STOCK 402635304 14,592 309,876 SH   SOLE   0 0 0
HCA HOLDINGS INC. COMMON STOCK 40412C101 9,137 253,392 SH   DFND   0 0 0
HEALTHSTREAM INC. COMMON STOCK 42222N103 597 23,581 SH   SOLE   0 0 0
HERTZ GLOBAL HOLDINGS INC. COMMON STOCK 42805T105 70,108 2,826,921 SH   DFND   0 0 0
HESS CORPORATION COMMON STOCK 42809H107 7,886 118,600 SH   DFND   0 0 0
ILLUMINA INC. COMMON STOCK 452327109 973 13,000 SH   SOLE   0 0 0
INFORMATICA CORPORATION COMMON STOCK 45666Q102 9,135 261,139 SH   SOLE   0 0 0
INTERCEPT PHARMACEUTICALS INC COMMON STOCK 45845p108 2,255 50,300 SH   SOLE   0 0 0
IRONWOOD PHARMACEUTICALS INC COMMON STOCK 46333X108 613 61,699 SH   SOLE   0 0 0
ISHARES DJ US TRANSPORT AVG EXCHANGE TRADED FUNDS 464287192 264 2,400 SH   SOLE   0 0 0
ISHARES MSCI GERMANY INDEX EXCHANGE TRADED FUNDS 464286806 247 10,000 SH   SOLE   0 0 0
JACK IN THE BOX, INC. COMMON STOCK 466367109 7,998 203,554 SH   SOLE   0 0 0
K12 INC COMMON STOCK 48273U102 899 34,237 SH   SOLE   0 0 0
KIRBY CORP. COMMON STOCK 497266106 5,472 68,800 SH   SOLE   0 0 0
LIFE TIME FITNESS COMMON STOCK 53217R207 15,308 305,492 SH   SOLE   0 0 0
LIVE NATION ENTERTAINMENT, INC. COMMON STOCK 538034109 6,033 389,200 SH   SOLE   0 0 0
LORAL SPACECOM CORP COMMON STOCK 543881106 107,964 1,800,000 SH   SOLE   0 0 0
LYONDELLBASELL INDUSTRIES NV COMMON STOCK N53745100 258 3,900 SH   SOLE   0 0 0
MANAGED HI YLD PLUS FUND INC CLOSE END FIXED INCOME MUTUAL FUNDS 561911108 46 23,040 SH   SOLE   0 0 0
MARKET VECTORS OIL SERVICE E EXCHANGE TRADED FUNDS 57060U191 257 6,000 SH   SOLE   0 0 0
MARKWEST ENERGY PARTNERS, L.P. LTD PARTNERSHIP 570759100 209 3,124 SH   SOLE   0 0 0
MEDIVATION INC. COMMON STOCK 58501N101 438 8,894 SH   SOLE   0 0 0
MELCO CROWN ENTERTAINME-ADR ADR 585464100 12,984 580,700 SH   SOLE   0 0 0
MERCK & CO., INC. COMMON STOCK 58933Y105 3,767 81,100 SH   DFND   0 0 0
MICROSEMI CORPORATION COMMON STOCK 595137100 341 15,000 SH   SOLE   0 0 0
MICROSOFT CORPORATION COMMON STOCK 594918104 520 15,050 SH   SOLE   0 0 0
MICROVISION, INC. EQUITY WARRANTS 594960163 12 402,361 SH   DFND   0 0 0
MIDCAP SPDR TRUST SERIES 1 EXCHANGE TRADED FUNDS 78467Y107 504 2,400 SH   SOLE   0 0 0
MOHAWK INDUSTRIES INC. COMMON STOCK 608190104 6,299 56,000 SH   SOLE   0 0 0
MOLINA HEALTHCARE, INC COMMON STOCK 60855R100 803 21,601 SH   DFND   0 0 0
MONEYGRAM INTERNATIONAL, INC. COMMON STOCK 60935Y208 430 19,000 SH   SOLE   0 0 0
MONOLITHIC POWER SYSTEMS INC. COMMON STOCK 609839105 14,265 591,674 SH   SOLE   0 0 0
NETAPP INC COMMON STOCK 64110D104 555 14,700 SH   SOLE   0 0 0
NEWCASTLE INVESTMENT CORPORATION EQUITY 65105M108 37,573 7,184,090 SH   SOLE   0 0 0
NEXPOINT CREDIT STRATEGIES FUND (FKA HIGHLAND CREDIT STRATEGIES FUND) CLOSE END FIXED INCOME MUTUAL FUNDS 65340G106 6,645 844,389 SH   DFND   0 0 0
NU SKIN ENTERPRISES INC - A COMMON STOCK 67018T105 917 15,000 SH   SOLE   0 0 0
NUPATHE INC COMMON STOCK 67059M100 173 56,569 SH   SOLE   0 0 0
NXP SEMICONDUCTOR NV COMMON STOCK n6596x109 8,633 278,300 SH   SOLE   0 0 0
OCCULOGIX INC. COMMON STOCK 878193101 1,186 111,700 SH   SOLE   0 0 0
OMNICELL INC. COMMON STOCK 68213N109 1,046 50,900 SH   SOLE   0 0 0
PACKAGING CORP OF AMERICA COMMON STOCK 695156109 490 10,000 SH   SOLE   0 0 0
PAREXEL INTERNATIONAL CORPORATION COMMON STOCK 699462107 363 7,905 SH   SOLE   0 0 0
PENDRELL CORPORATION ( F.K.A. ICO GLOBAL COMMUNICATIONS) COMMON STOCK 70686R104 119,045 45,611,145 SH   DFND   0 0 0
PHARMACYCLICS INC. COMMON STOCK 716933106 691 8,692 SH   SOLE   0 0 0
PIMCO 0-5 YEAR H/Y CORP BOND EXCHANGE TRADED FUNDS 72201R783 205 2,000 SH   SOLE   0 0 0
PLAINS ALL AMER PIPELINE LP LTD PARTNERSHIP 726503105 220 3,945 SH   SOLE   0 0 0
PRECISION CASTPARTS CORP. COMMON STOCK 740189105 9,628 42,600 SH   SOLE   0 0 0
PROGENICS PHARMACEUTICALS COMMON STOCK 743187106 9,753 2,186,853 SH   SOLE   0 0 0
PROSHARES SHORT HIGH YIELD EXCHANGE TRADED FUNDS 74347R131 1,610 50,800 SH   SOLE   0 0 0
PROSHARES ULTRA GOLD EXCHANGE TRADED FUNDS 74347W601 3,802 85,195 SH   DFND   0 0 0
PROSHARES ULTRA SILVER EXCHANGE TRADED FUNDS 74347W841 30,861 1,815,380 SH   DFND   0 0 0
PROSHRE U/S DJ-AIG CRUDE OIL EXCHANGE TRADED FUNDS 74347W668 3,791 104,000 SH   SOLE   0 0 0
PROTO LABS INC COMMON STOCK 743713109 650 10,000 SH   SOLE   0 0 0
PYXIS/IBOXX SENIOR LOAN ETF EXCHANGE TRADED FUNDS 430101774 38,018 1,900,000 SH   SOLE   0 0 0
QUANTA SERVICES COMMON STOCK 74762E102 7,165 270,800 SH   SOLE   0 0 0
QUINTILES TRANSNATIONAL HOLD COMMON STOCK 74876Y101 512 12,041 SH   SOLE   0 0 0
RELIANCE STEEL & ALUMINUM COMMON STOCK 759509102 210 3,200 SH   SOLE   0 0 0
REPROS THERAPEUTICS INC. COMMON STOCK 76028H209 3,046 165,074 SH   DFND   0 0 0
RITE AID CORPORATION COMMON STOCK 767754104 385 134,539 SH   SOLE   0 0 0
ROCKWOOD HOLDINGS INC. COMMON STOCK 774415103 527 8,225 SH   SOLE   0 0 0
SBA COMMUNICATIONS CORP-CL A COMMON STOCK 78388J106 51,902 700,242 SH   SOLE   0 0 0
SERVICE CORPORATION INTERNATIONAL COMMON STOCK 817565104 16,666 924,370 SH   DFND   0 0 0
SILICON LABORATORIES INC. COMMON STOCK 826919102 6,431 155,294 SH   SOLE   0 0 0
SKILLED HEALTHCARE GROUP, INC. COMMON STOCK 83066R107 444 66,400 SH   SOLE   0 0 0
SONY CORP-SPONSORED ADR ADR 835699307 19,677 928,600 SH   SOLE   0 0 0
SPDR TRUST SERIES 1 EXCHANGE TRADED FUNDS 78462F103 642 4,000 SH   SOLE   0 0 0
STAPLES INC. COMMON STOCK 855030102 18,800 1,184,650 SH   DFND   0 0 0
STEALTHGAS INC. COMMON STOCK y81669106 281 25,500 SH   SOLE   0 0 0
SWS GROUP INC. COMMON STOCK 78503N107 12,119 2,223,632 SH   DFND   0 0 0
SXC HEALTH SOLUTIONS CORP COMMON STOCK 148887102 526 10,781 SH   SOLE   0 0 0
SYMANTEC CORPORATION COMMON STOCK 871503108 41,052 1,826,153 SH   SOLE   0 0 0
TEAM FINANCE LLC (A.K.A TEAM HEALTH HOLDINGS, LLC) COMMON STOCK 87817A107 1,643 40,000 SH   DFND   0 0 0
TIME WARNER INC. COMMON STOCK 887317303 4,094 70,800 SH   SOLE   0 0 0
TORCHMARK CORP. COMMON STOCK 891027104 5,231 80,300 SH   SOLE   0 0 0
TORNIER NV COMMON STOCK N87237108 670 38,286 SH   SOLE   0 0 0
TRACTOR SUPPLY COMPANY COMMON STOCK 892356106 4,725 40,200 SH   SOLE   0 0 0
TRW AUTOMOTIVE HOLDINGS CORPORATION COMMON STOCK 87264S106 1,698 25,555 SH   SOLE   0 0 0
ULTRASHORT QQQ PROSHARES EXCHANGE TRADED FUNDS 74347X237 2,371 100,000 SH   SOLE   0 0 0
ULTRASHORT RUSSELL2000 PROSH EXCHANGE TRADED FUNDS 74348A202 6,920 383,400 SH   SOLE   0 0 0
ULTRASHORT S&P500 PROSHARES EXCHANGE TRADED FUNDS 74347B300 807 19,762 SH   SOLE   0 0 0
VENTAS REALTY, LIMITED PARTNERSHIP EQUITY 92276F100 858 12,347 SH   SOLE   0 0 0
W.W. GRAINGER INC. COMMON STOCK 384802104 4,590 18,200 SH   SOLE   0 0 0
WATERS CORPORATION COMMON STOCK 941848103 2,350 23,485 SH   DFND   0 0 0
WEBSITE PROS INC. COMMON STOCK 94733A104 768 30,000 SH   SOLE   0 0 0
WELLCARE HEALTH PLANS, INC. COMMON STOCK 94946T106 619 11,145 SH   SOLE   0 0 0
WISDOMTREE JAPAN DIVIDEND FD EXCHANGE TRADED FUNDS 97717W851 1,710 37,500 SH   SOLE   0 0 0
WRIGHT MEDICAL GROUP INC. EQUITY WARRANTS 98235T115 143 52,949 SH   SOLE   0 0 0
XEROX CORPORATION COMMON STOCK 984121103 11,138 1,228,050 SH   SOLE   0 0 0
YANDEX NV COMMON STOCK n97284108 968 35,000 SH   SOLE   0 0 0