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
ACADIA Pharmaceuticals Inc. Common 004225108 1,373,500 50,000 SH   DFND Dorset 50,000 0 0
Affymetrix, Inc. Common 00826T108 6,195 1,000 SH   DFND Dorset 0 1,000 0
Affymetrix, Inc. Common 00826T108 2,276,662 367,500 SH   DFND Dorset 367,500 0 0
Alliancebernstein Holdings LP Unit LTD Common 01881G106 9,930 500 SH   DFND Dorset 0 500 0
Ambac Financial Group, Inc. Common 023139884 461,228 25,426 SH   DFND Dorset 25,426 0 0
Anadarko Petroleum Corporation Common 032511107 11,623,750 125,000 SH   DFND Dorset 125,000 0 0
Anadarko Petroleum Corporation Common 032511107 20,481,047 220,250 SH   DFND Dorset 0 220,250 0
Anadarko Petroleum Corporation Common 032511107 427,754 4,600 SH   DFND Other 4,600 0 0
Anadarko Petroleum Corporation Common 032511107 976,395 10,500 SH   DFND Other 0 10,500 0
Anchor Bancorp WA Common 032838104 86,450 5,000 SH   DFND Other 5,000 0 0
Anchor Bancorp WA Common 032838104 129,675 7,500 SH   DFND Other 0 7,500 0
Apple Inc. Common 037833100 35,756 75 SH   DFND Other 75 0 0
Apple Inc. Common 037833100 35,756 75 SH   DFND Other 0 75 0
Approach Resources, Inc. Common 03834A103 10,512,000 400,000 SH   DFND Dorset 0 400,000 0
Baker Hughes Incorporated Common 057224107 7,365,000 150,000 SH   DFND Dorset 0 150,000 0
Cabot Oil & Gas Corporation Common 127097103 14,181,600 380,000 SH   DFND Dorset 0 380,000 0
Cameron International Corporation Common 13342B105 16,927,300 290,000 SH   DFND Dorset 0 290,000 0
Canadian Natural Resources Ltd. Common 136385101 11,972,544 381,000 SH   DFND Dorset 0 381,000 0
Canadian Natural Resources Ltd. Common 136385101 306,540 9,750 SH   DFND Other 9,750 0 0
Canadian Natural Resources Ltd. Common 136385101 666,528 21,200 SH   DFND Other 0 21,200 0
Capitol Federal Financial, Inc. Common 14057J101 24,860 2,000 SH   DFND Dorset 0 2,000 0
Capitol Federal Financial, Inc. Common 14057J101 9,143,508 735,600 SH   DFND Dorset 735,600 0 0
Capitol Federal Financial, Inc. Common 14057J101 24,860 2,000 SH   DFND Dorset 2,000 0 0
Capitol Federal Financial, Inc. Common 14057J101 74,580 6,000 SH   DFND Dorset 0 6,000 0
China Ceramics Co. Ltd. Common G2113X100 779,078 233,257 SH   DFND Dorset 233,257 0 0
Cimarex Energy Co. Common 171798101 18,798,000 195,000 SH   DFND Dorset 0 195,000 0
Coca-Cola Company Common 191216100 318,192 8,400 SH   DFND Other 0 8,400 0
Concho Resources, Inc. Common 20605P101 21,217,950 195,000 SH   DFND Dorset 0 195,000 0
Continental Resources, Inc. Common 212015101 6,435,600 60,000 SH   DFND Dorset 0 60,000 0
DepoMed, Inc. Common 249908104 975,582 130,600 SH   DFND Dorset 130,600 0 0
Devon Energy Corp. Common 25179M103 2,310,400 40,000 SH   DFND Dorset 0 40,000 0
Du Pont EI De Nemours & Co Common 263534109 58,560 1,000 SH   DFND Dorset 1,000 0 0
Du Pont EI De Nemours & Co Common 263534109 210,816 3,600 SH   DFND Dorset 0 3,600 0
Eagle Materials Inc. Common 26969P108 16,541 228 SH   DFND Dorset 228 0 0
Essex Rental Corporation Common 297187106 3,446,927 1,010,829 SH   DFND Dorset 1,010,829 0 0
FMC Technologies, Inc. Common 30249U101 13,855,000 250,000 SH   DFND Dorset 0 250,000 0
FutureFuel Corporation Common 36116M106 8,980 500 SH   DFND Dorset 0 500 0
FutureFuel Corporation Common 36116M106 7,153,235 398,287 SH   DFND Dorset 398,287 0 0
General Electric Co Common 369604103 86,004 3,600 SH   DFND Dorset 0 3,600 0
Getty Realty Corporation Common 374297109 6,139,880 316,000 SH   DFND Dorset 316,000 0 0
Halliburton Company Common 406216101 15,408,000 320,000 SH   DFND Dorset 0 320,000 0
Hancock Fabrics, Inc. Common 409900107 41,680 40,000 SH   DFND Dorset 40,000 0 0
Helmerich & Payne, Inc. Common 423452101 12,411,000 180,000 SH   DFND Dorset 0 180,000 0
Hess Corporation Common 42809H107 15,468,000 200,000 SH   DFND Dorset 0 200,000 0
Hyde Park Acquisition Corp. II Common 448640102 1,458,550 145,855 SH   DFND Dorset 145,855 0 0
J.C. Penney Company, Inc. Common 708160106 352,200 40,000 SH   DFND Dorset 40,000 0 0
Johnson & Johnson Common 478160104 104,028 1,200 SH   DFND Other 1,200 0 0
Johnson & Johnson Common 478160104 450,788 5,200 SH   DFND Other 0 5,200 0
JP Morgan Chase & Co. Common 46625H100 341,154 6,600 SH   DFND Other 6,600 0 0
JP Morgan Chase & Co. Common 46625H100 759,843 14,700 SH   DFND Other 0 14,700 0
Kraft Foods Group Inc. Common 50076Q106 34,952 666 SH   DFND Other 666 0 0
Kraft Foods Group Inc. Common 50076Q106 160,852 3,065 SH   DFND Other 0 3,065 0
Kythera Biopharmaceuticals, Inc. Common 501570105 1,139,725 25,000 SH   DFND Dorset 25,000 0 0
Ligand Pharmaceuticals Incorporated Common 53220K504 72,104 1,666 SH   DFND Dorset 0 1,666 0
Ligand Pharmaceuticals Incorporated Common 53220K504 55,751,435 1,288,157 SH   DFND Dorset 1,288,157 0 0
Ligand Pharmaceuticals Incorporated Common 53220K504 118,717 2,743 SH   DFND Other 2,743 0 0
Lilly Eli & Co. Common 532457108 15,099 300 SH   DFND Other 300 0 0
Marathon Oil Corporation Common 565849106 3,488,000 100,000 SH   DFND Dorset 0 100,000 0
Merck & Co. Inc. Common 58933Y105 19,044 400 SH   DFND Other 0 400 0
Microsoft Corporation Common 594918104 3,612,544 108,550 SH   DFND Other 108,550 0 0
Microsoft Corporation Common 594918104 13,312 400 SH   DFND Other 400 0 0
Mondelez Intl Inc. Common 609207105 62,842 2,000 SH   DFND Other 2,000 0 0
Mondelez Intl Inc. Common 609207105 31,421 1,000 SH   DFND Dorset 0 1,000 0
Murphy Oil Corporation Common 626717102 6,032,000 100,000 SH   DFND Dorset 0 100,000 0
National Oilwell Varco Inc. Common 637071101 10,154,300 130,000 SH   DFND Dorset 0 130,000 0
Noble Corporation Common H5833N103 10,953,300 290,000 SH   DFND Dorset 0 290,000 0
Noble Energy, Inc. Common 655044105 20,103,000 300,000 SH   DFND Dorset 0 300,000 0
OBA Financial Services, Inc. Common 67424G101 475,000 25,000 SH   DFND Dorset 25,000 0 0
OBA Financial Services, Inc. Common 67424G101 95,000 5,000 SH   DFND Other 5,000 0 0
Oritani Financial Corporation Common 68633D103 32,920 2,000 SH   DFND Other 2,000 0 0
Oritani Financial Corporation Common 68633D103 98,760 6,000 SH   DFND Other 0 6,000 0
Petroleo Brasileiro SA Common 71654V408 611,855 39,500 SH   DFND Dorset 39,500 0 0
Petroleo Brasileiro SA Common 71654V408 5,429,245 350,500 SH   DFND Dorset 0 350,500 0
Pfizer Inc. Common 717081103 86,175 3,000 SH   DFND Dorset 0 3,000 0
Pfizer Inc. Common 717081103 34,983,488 1,217,876 SH   DFND Dorset 1,217,876 0 0
Pfizer Inc. Common 717081103 505,560 17,600 SH   DFND Other 17,600 0 0
Pfizer Inc. Common 717081103 1,723,500 60,000 SH   DFND Other 0 60,000 0
Physicians Realty Trust Common 71943U104 484,800 40,000 SH   DFND Dorset 40,000 0 0
Pioneer Natural Resources Company Common 723787107 20,768,000 110,000 SH   DFND Dorset 0 110,000 0
Proctor & Gamble Company Common 742718109 40,365 534 SH   DFND Dorset 534 0 0
QLT Inc. Common 746927102 2,064,637 445,926 SH   DFND Dorset 445,926 0 0
Rand Logistics, Inc. Common 752182105 4,392 900 SH   DFND Dorset 0 900 0
Rand Logistics, Inc. Common 752182105 7,301,734 1,496,257 SH   DFND Dorset 1,496,257 0 0
Ryman Hospitality PPTYS Inc. Common 78377T107 13,804 400 SH   DFND Other 400 0 0
Sanofi-Aventis RTS exp 12/31/20 Common 80105N113 185,840 92,000 SH   DFND Dorset 92,000 0 0
Schlumberger Limited Common 806857108 21,206,400 240,000 SH   DFND Dorset 0 240,000 0
SM Energy Company Common 78454L100 20,069,400 260,000 SH   DFND Dorset 0 260,000 0
Smith & Wesson Holding Corporation Common 831756101 1,648,500 150,000 SH   DFND Dorset 150,000 0 0
Southwestern Energy Company Common 845467109 6,184,600 170,000 SH   DFND Dorset 0 170,000 0
Standard Financial Corp. Common 853393106 365,000 20,000 SH   DFND Dorset 20,000 0 0
Starwood PPTY TR Inc. Common 85571B105 9,588 400 SH   DFND Other 400 0 0
State Investors Bancorp, Inc. Common 857030100 494,400 30,000 SH   DFND Dorset 30,000 0 0
The Howard Hughes Corporation Common 44267D107 3,371,100 30,000 SH   DFND Dorset 30,000 0 0
The Mosaic Company Common 61945C103 34,416 800 SH   DFND Dorset 0 800 0
The Mosaic Company Common 61945C103 5,790,492 134,600 SH   DFND Dorset 134,600 0 0
TheStreet Inc. Common 88368Q103 244,530 117,000 SH   DFND Dorset 117,000 0 0
Toll Brothers, Inc. Common 889478103 6,486 200 SH   DFND Dorset 0 200 0
Toll Brothers, Inc. Common 889478103 5,895,774 181,800 SH   DFND Dorset 181,800 0 0
Total SA Common 89151E109 139,008 2,400 SH   DFND Other 2,400 0 0
Total SA Common 89151E109 139,008 2,400 SH   DFND Other 0 2,400 0
Whiting Petroleum Corporation Common 966387102 23,940,000 400,000 SH   DFND Dorset 0 400,000 0
WPX Energy Inc. Common 98212B103 9,052,200 470,000 SH   DFND Dorset 0 470,000 0