0001047469-13-006114.txt : 20130515 0001047469-13-006114.hdr.sgml : 20130515 20130515081042 ACCESSION NUMBER: 0001047469-13-006114 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20130331 FILED AS OF DATE: 20130515 DATE AS OF CHANGE: 20130515 EFFECTIVENESS DATE: 20130515 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Magnetar Financial LLC CENTRAL INDEX KEY: 0001352851 IRS NUMBER: 043818748 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-11800 FILM NUMBER: 13843760 BUSINESS ADDRESS: STREET 1: 1603 ORRINGTON AVE. STREET 2: 13TH FLOOR CITY: EVANSTON STATE: IL ZIP: 60201 BUSINESS PHONE: (847)905-4400 MAIL ADDRESS: STREET 1: 1603 ORRINGTON AVE. STREET 2: 13TH FLOOR CITY: EVANSTON STATE: IL ZIP: 60201 13F-HR 1 a2215239z13f-hr.txt 13F-HR 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, 2013 ----------------------- 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: Magnetar Financial LLC ------------------------------------ Address: 1603 Orrington Avenue, 13th Floor ------------------------------------ Evanston, IL 60201 ------------------------------------ Form 13F File Number: 28-11800 --------------------- 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: Michael Turro ------------------------------- Title: Chief Compliance Officer ------------------------------- Phone: 847-905-4690 ------------------------------- Signature, Place, and Date of Signing: /s/Michael Turro Evanston, IL May 15, 2013 ------------------------------- ----------------- ------------- [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).) FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 1 -------------------- Form 13F Information Table Entry Total: 238 -------------------- Form 13F Information Table Value Total: $ 3,099,886 -------------------- (thousands) CONFIDENTIAL MATERIAL APPEARING IN THIS DOCUMENT HAS BEEN OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION IN ACCORDANCE WITH THE SECURITIES EXCHANGE ACT OF 1934, AS AMENDED, AND RULE 24B-2 PROMULGATED THEREUNDER. List of Other Included Managers: No. Form 13F File Number Name 1 28-14458 MTP Energy Management LLC ------ ----------------- --------------------------------- FORM 13F INFORMATION TABLE

COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 ------------------------------------------------------------------------------------------------------------------------------------ NAME OF TITLE OF VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY ISSUER CLASS CUSIP [x$1000] PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE ------------------------------------------------------------------------------------------------------------------------------------ * ALPS ETF TR ALERIAN MLP 00162Q866 1,520 85,800 SH PUT SOLE 85,800 * ADOBE SYS INC COM 00724F101 884 20,312 SH SOLE 20,312 * ALLIANT ENERGY CORP COM 018802108 623 12,422 SH SOLE 12,422 * AMEREN CORP COM 023608102 639 18,245 SH SOLE 18,245 * AMERICAN CAPITAL AGENCY CORP COM 02503X105 855 26,093 SH SOLE 26,093 * AMERICAN INTL GROUP INC COM NEW 026874784 388 10,000 SH PUT SOLE 10,000 AMTRUST FINANCIAL SERVICES I NOTE 5.500%12/1 032359AC5 4,989 3,500,000 PRN NONE * ANADARKO PETE CORP COM 032511107 8,624 98,612 SH SOLE 98,612 * ANADARKO PETE CORP COM 032511107 140,760 1,609,600 SH CALL SOLE 1,609,600 * ANADARKO PETE CORP COM 032511107 8,745 100,000 SH PUT SOLE 100,000 * APOLLO RESIDENTIAL MTG INC COM 03763V102 8,916 400,000 SH SOLE 400,000 * APPLE INC COM 037833100 11,066 25,000 SH CALL SOLE 25,000 * ARES CAP CORP COM 04010L103 1,210 66,836 SH SOLE 66,836 ARMOUR RESIDENTIAL REIT INC *W EXP 11/07/201 042315119 63 2,358,651 SH SOLE 2,358,651 * ARRIS GROUP INC COM 04269Q100 21,305 1,240,855 SH SOLE 1,240,855 * ASCENA RETAIL GROUP INC COM 04351G101 678 36,545 SH SOLE 36,545 * ASPEN TECHNOLOGY INC COM 045327103 750 23,219 SH SOLE 23,219 * AVON PRODS INC COM 054303102 5,183 250,000 SH CALL SOLE 250,000 * BANK OF AMERICA CORPORATION COM 060505104 18,270 1,500,000 SH CALL SOLE 1,500,000 * BARD C R INC COM 067383109 1,115 11,066 SH SOLE 11,066 * BEAM INC COM 073730103 1,170 18,420 SH SOLE 18,420 * BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 596 5,719 SH SOLE 5,719 * BREITBURN ENERGY PARTNERS LP COM UT LTD PTN 106776107 8,716 434,948 SH DEFINED 1 434,948 * BRINKER INTL INC COM 109641100 657 17,453 SH SOLE 17,453 * BROOKDALE SR LIVING INC COM 112463104 2,281 81,826 SH SOLE 81,826 * BROWN & BROWN INC COM 115236101 849 26,490 SH SOLE 26,490 * CIGNA CORPORATION COM 125509109 636 10,190 SH SOLE 10,190 * CME GROUP INC COM 12572Q105 744 12,110 SH SOLE 12,110 * CA INC COM 12673P105 561 22,288 SH SOLE 22,288 * CABOT OIL & GAS CORP COM 127097103 30,972 458,103 SH DEFINED 1 458,103 * CABOT OIL & GAS CORP COM 127097103 9,993 147,800 SH PUT SOLE 147,800 CEMEX SAB DE CV NOTE 3.750% 3/1 151290BC6 16,246 12,000,000 PRN SOLE NONE * CHENIERE ENERGY INC COM NEW 16411R208 95,879 3,424,262 SH DEFINED 1 3,424,262 * CHENIERE ENERGY INC COM NEW 16411R208 840 30,000 SH CALL SOLE 30,000 * CHESAPEAKE ENERGY CORP COM 165167107 2,715 133,000 SH DEFINED 1 133,000 * CHICAGO BRIDGE & IRON CO N V N Y REGISTRY SH 167250109 838 13,500 SH CALL SOLE 13,500 * CINEMARK HOLDINGS INC COM 17243V102 631 21,419 SH SOLE 21,419 * CITIZENS REPUBLIC BANCORP IN COM NEW 174420307 4,192 185,897 SH SOLE 185,897 * COBALT INTL ENERGY INC COM 19075F106 12,521 444,008 SH SOLE 444,008 * COCA COLA ENTERPRISES INC NE COM 19122T109 1,162 31,484 SH SOLE 31,484 * COGNIZANT TECHNOLOGY SOLUTIO CL A 192446102 829 10,824 SH SOLE 10,824

* COMPUTER SCIENCES CORP COM 205363104 738 15,000 SH CALL SOLE 15,000 * CONAGRA FOODS INC COM 205887102 607 16,956 SH SOLE 16,956 * CONCHO RES INC COM 20605P101 58,659 602,060 SH DEFINED 1 602,060 * CONCHO RES INC COM 20605P101 507 5,200 SH PUT SOLE 5,200 * CONSTELLATION BRANDS INC CL A 21036P108 84,334 1,770,240 SH SOLE 1,770,240 * CONSTELLATION BRANDS INC CL A 21036P108 48,593 1,020,000 SH CALL SOLE 1,020,000 * CONSTELLATION BRANDS INC CL A 21036P108 64,314 1,350,000 SH PUT SOLE 1,350,000 * CORRECTIONS CORP AMER NEW COM NEW 22025Y407 1,160 29,697 SH SOLE 29,697 * COVENTRY HEALTH CARE INC COM 222862104 25,807 548,731 SH SOLE 548,731 * CROSSTEX ENERGY L P COM 22765U102 49,680 2,700,000 SH DEFINED 1 2,700,000 * CYRUSONE INC COM 23283R100 4,534 198,515 SH SOLE 198,515 * DST SYS INC DEL COM 233326107 1,234 17,321 SH SOLE 17,321 * DAVITA HEALTHCARE PARTNERS I COM 23918K108 732 6,170 SH SOLE 6,170 * DELEK US HLDGS INC COM 246647101 1,973 50,000 SH SOLE 50,000 * DOMTAR CORP COM NEW 257559203 724 9,330 SH SOLE 9,330 * EOG RES INC COM 26875P101 58,459 456,463 SH SOLE 456,463 * EOG RES INC COM 26875P101 122,486 956,400 SH PUT SOLE 956,400 * EQT CORP COM 26884L109 679 10,020 SH SOLE 10,020 * EASTMAN CHEM CO COM 277432100 650 9,302 SH SOLE 9,302 * EBAY INC COM 278642103 595 10,981 SH SOLE 10,981 * EMERITUS CORP COM 291005106 4,863 175,000 SH SOLE 175,000 * ENERGY TRANSFER EQUITY L P COM UT LTD PTN 29273V100 5,411 92,521 SH DEFINED 1 92,521 * EQUINIX INC COM NEW 29444U502 1,623 7,504 SH SOLE 7,504 * EQUITY LIFESTYLE PPTYS INC COM 29472R108 866 11,276 SH SOLE 11,276 EXELIXIS INC NOTE 4.250% 8/1 30161QAC8 2,689 2,690,000 PRN NONE * EXPRESS SCRIPTS HLDG CO COM 30219G108 43,268 750,914 SH SOLE 750,914 * EXPRESS SCRIPTS HLDG CO COM 30219G108 11,524 200,000 SH PUT SOLE 200,000 * FIDELITY NATL INFORMATION SV COM 31620M106 1,283 32,374 SH SOLE 32,374 * FIDELITY NATIONAL FINANCIAL CL A 31620R105 1,253 49,667 SH SOLE 49,667 * FOREST LABS INC COM 345838106 744 19,555 SH SOLE 19,555 * FRANCESCAS HLDGS CORP COM 351793104 5,118 178,200 SH SOLE 178,200 * FULLER H B CO COM 359694106 574 14,691 SH SOLE 14,691 * GEO GROUP INC COM 36159R103 1,039 27,608 SH SOLE 27,608 * GALLAGHER ARTHUR J & CO COM 363576109 960 23,243 SH SOLE 23,243 * GENERAL DYNAMICS CORP COM 369550108 569 8,065 SH SOLE 8,065 GENERAL MTRS CO *W EXP 07/10/201 37045V126 1,179 100,000 SH SOLE 100,000 * GLOBAL PMTS INC COM 37940X102 714 14,379 SH SOLE 14,379 * GOOGLE INC CL A 38259P508 788 992 SH SOLE 992 * GROUPON INC COM CL A 399473107 1,530 250,000 SH SOLE 250,000 * GULFPORT ENERGY CORP COM NEW 402635304 11,971 261,210 SH DEFINED 1 261,210 * HAIN CELESTIAL GROUP INC COM 405217100 942 15,424 SH SOLE 15,424 * HALLIBURTON CO COM 406216101 5,253 130,000 SH SOLE 130,000 * HALLIBURTON CO COM 406216101 134,016 3,316,400 SH CALL SOLE 3,316,400 * HANCOCK HLDG CO COM 410120109 740 23,936 SH SOLE 23,936 * HERCULES TECH GROWTH CAP INC COM 427096508 1,838 150,000 SH SOLE 150,000 * HERSHEY CO COM 427866108 596 6,808 SH SOLE 6,808 * HERTZ GLOBAL HOLDINGS INC COM 42805T105 18,253 820,000 SH SOLE 820,000 * HESS CORP COM 42809H107 99,144 1,384,500 SH CALL SOLE 1,384,500 * HILLSHIRE BRANDS CO COM 432589109 1,601 45,552 SH SOLE 45,552 * HOLOGIC INC COM 436440101 15,318 677,800 SH SOLE 677,800 * HOWARD HUGHES CORP COM 44267D107 729 8,695 SH SOLE 8,695 * HUBBELL INC CL B 443510201 1,291 13,290 SH SOLE 13,290 * HUNTINGTON INGALLS INDS INC COM 446413106 1,287 24,134 SH SOLE 24,134 * INERGY MIDSTREAM LP U LTD PARTNERS 45671U106 20,342 833,333 SH DEFINED 1 833,333 * INTERNATIONAL GAME TECHNOLOG COM 459902102 585 35,446 SH SOLE 35,446 * IRON MTN INC COM 462846106 907 24,983 SH SOLE 24,983 * ISHARES TR RUSSELL 2000 464287655 108,629 1,150,000 SH PUT SOLE 1,150,000 * ISHARES TR HIGH YLD CORP 464288513 16,040 170,000 SH PUT SOLE 170,000 * JPMORGAN CHASE & CO ALERIAN ML ETN 46625H365 20,292 446,668 SH SOLE 446,668 * JPMORGAN CHASE & CO COM 46625H100 33,991 716,200 SH CALL SOLE 716,200 * JARDEN CORP COM 471109108 2,507 58,498 SH SOLE 58,498 KINDER MORGAN INC DEL *W EXP 05/25/201 49456B119 1,112 216,267 SH SOLE 216,267 * KRAFT FOODS GROUP INC COM 50076Q106 860 16,698 SH SOLE 16,698 * LAUDER ESTEE COS INC CL A 518439104 1,053 16,447 SH SOLE 16,447 * LEAP WIRELESS INTL INC COM NEW 521863308 8,588 1,456,872 SH SOLE 1,456,872 LEAP WIRELESS INTL INC NOTE 4.500% 7/1 521863AL4 1,525 1,500,000 PRN NONE * LEGACY RESERVES LP UNIT LP INT 524707304 20,877 755,982 SH DEFINED 1 755,982 * LEGG MASON INC COM 524901105 892 27,759 SH SOLE 27,759 * LIBERTY GLOBAL INC COM SER C 530555309 1,623 23,652 SH SOLE 23,652 LIBERTY INTERACTIVE CORP LBT VENT COM A 53071M880 1,693 22,398 SH SOLE 22,398 * LIFEPOINT HOSPITALS INC COM 53219L109 951 19,624 SH SOLE 19,624 * LINEAR TECHNOLOGY CORP COM 535678106 802 20,901 SH SOLE 20,901 * LORAL SPACE & COMMUNICATNS I COM 543881106 618 9,983 SH SOLE 9,983 * LORAL SPACE & COMMUNICATNS I COM 543881106 309 5,000 SH PUT SOLE 5,000 * MFA FINANCIAL INC COM 55272X102 1,113 119,373 SH SOLE 119,373 * MADISON SQUARE GARDEN CO CL A 55826P100 962 16,696 SH SOLE 16,696 * MARATHON PETE CORP COM 56585A102 91,213 1,018,000 SH CALL SOLE 1,018,000 * MARKET VECTORS ETF TR OIL SVCS ETF 57060U191 42,928 1,000,000 SH PUT SOLE 1,000,000 * MARKWEST ENERGY PARTNERS L P UNIT LTD PARTN 570759100 54,589 898,581 SH DEFINED 1 898,581 * MARTIN MARIETTA MATLS INC COM 573284106 713 6,992 SH SOLE 6,992 * MCGRAW HILL COS INC COM 580645109 26,040 500,000 SH CALL SOLE 500,000 * MCMORAN EXPLORATION CO COM 582411104 8,175 500,000 SH PUT SOLE 500,000 * MEDIVATION INC COM 58501N101 712 15,236 SH SOLE 15,236 * MERRIMACK PHARMACEUTICALS IN COM 590328100 4,605 754,837 SH SOLE 754,837 * METROPCS COMMUNICATIONS INC COM 591708102 21,515 1,973,840 SH SOLE 1,973,840 * METROPCS COMMUNICATIONS INC COM 591708102 5,450 500,000 SH CALL SOLE 500,000 * MICROSOFT CORP COM 594918104 584 20,422 SH SOLE 20,422 * MICROCHIP TECHNOLOGY INC COM 595017104 796 21,641 SH SOLE 21,641 MICROCHIP TECHNOLOGY INC SDCV 2.125%12/1 595017AB0 25,630 18,000,000 PRN NONE * MONDELEZ INTL INC CL A 609207105 1,086 35,458 SH SOLE 35,458 * MONSANTO CO NEW COM 61166W101 770 7,287 SH SOLE 7,287 * MOTOROLA SOLUTIONS INC COM NEW 620076307 1,113 17,385 SH SOLE 17,385 * NCR CORP NEW COM 62886E108 1,045 37,918 SH SOLE 37,918 NVR INC COM 62944T105 1,333 1,234 SH SOLE 1,234 * NATIONAL FUEL GAS CO N J COM 636180101 671 10,937 SH SOLE 10,937 * NETAPP INC COM 64110D104 782 22,896 SH SOLE 22,896 NETAPP INC NOTE 1.750% 6/0 64110DAB0 20,932 19,191,000 PRN NONE * NETSPEND HLDGS INC COM 64118V106 701 44,090 SH SOLE 44,090 * NEUSTAR INC CL A 64126X201 741 15,934 SH SOLE 15,934 * NEWCASTLE INVT CORP COM 65105M108 894 80,000 SH CALL SOLE 80,000 * NEWELL RUBBERMAID INC COM 651229106 904 34,629 SH SOLE 34,629 * NEWMONT MINING CORP COM 651639106 3,720 88,800 SH SOLE 88,800 * NEWS CORP CL A 65248E104 1,812 59,381 SH SOLE 59,381 * NOBLE ENERGY INC COM 655044105 27,544 238,147 SH SOLE 238,147 * NOBLE ENERGY INC COM 655044105 196,622 1,700,000 SH CALL SOLE 1,700,000 OFS CAP CORP COM 67103B100 3,250 232,154 SH SOLE 232,154 * OCCIDENTAL PETE CORP DEL COM 674599105 556 7,095 SH SOLE 7,095 * ONEOK INC NEW COM 682680103 13,586 285,000 SH DEFINED 1 285,000 * ORACLE CORP COM 68389X105 323 10,000 SH CALL SOLE 10,000 * ORACLE CORP COM 68389X105 323 10,000 SH PUT SOLE 10,000 * PDC ENERGY INC COM 69327R101 19,223 387,799 SH SOLE 387,799 * PPL CORP COM 69351T106 665 21,248 SH SOLE 21,248 * PVR PARTNERS L P COM UNIT REPTG L 693665101 14,677 608,746 SH DEFINED 1 608,746 * PALOMAR MED TECHNOLOGIES INC COM NEW 697529303 5,973 442,760 SH SOLE 442,760 * PANERA BREAD CO CL A 69840W108 564 3,414 SH SOLE 3,414 * PERKINELMER INC COM 714046109 536 15,928 SH SOLE 15,928 * PHILLIPS 66 COM 718546104 3,792 54,200 SH CALL SOLE 54,200 * PIONEER NAT RES CO COM 723787107 98,961 796,466 SH DEFINED 1 796,466 * PIONEER NAT RES CO COM 723787107 45,177 363,600 SH PUT SOLE 363,600 * PLAINS ALL AMERN PIPELINE L UNIT LTD PARTN 726503105 1,694 30,000 SH PUT SOLE 30,000 * POOL CORPORATION COM 73278L105 712 14,823 SH SOLE 14,823 * PROASSURANCE CORP COM 74267C106 594 12,554 SH SOLE 12,554 * PROCTER & GAMBLE CO COM 742718109 918 11,919 SH SOLE 11,919 * PROSPECT CAPITAL CORPORATION COM 74348T102 1,217 111,549 SH SOLE 111,549 * QUALCOMM INC COM 747525103 897 13,393 SH SOLE 13,393 RADIAN GROUP INC NOTE 3.000%11/1 750236AK7 9,068 7,500,000 PRN SOLE NONE * RALPH LAUREN CORP CL A 751212101 1,281 7,568 SH SOLE 7,568 * RANGE RES CORP COM 75281A109 27,261 336,384 SH DEFINED 1 336,384 * RANGE RES CORP COM 75281A109 18,412 227,200 SH PUT SOLE 227,200 * REALOGY HLDGS CORP COM 75605Y106 996 20,386 SH SOLE 20,386 * REGENCY CTRS CORP COM 758849103 739 13,962 SH SOLE 13,962 * REGENCY ENERGY PARTNERS L P COM UNITS L P 75885Y107 35,976 1,256,831 SH DEFINED 1 1,256,831 * RENT A CTR INC NEW COM 76009N100 1,191 32,237 SH SOLE 32,237 * ROCKWELL COLLINS INC COM 774341101 1,056 16,734 SH SOLE 16,734 * ROYAL DUTCH SHELL PLC SPON ADR B 780259107 55,255 826,928 SH DEFINED 1 826,928 * ROYAL GOLD INC COM 780287108 2,259 31,800 SH 31,800 RYLAND GROUP INC NOTE 1.625% 5/1 783764AQ6 25,165 17,000,000 PRN SOLE NONE * SAIC INC COM 78390X101 766 56,564 SH SOLE 56,564 * SPDR S&P 500 ETF TR TR UNIT 78462F103 32,916 210,000 SH PUT SOLE 210,000 * SPDR GOLD TRUST GOLD SHS 78463V107 7,723 50,000 SH CALL SOLE 50,000 * SPDR SERIES TRUST BRC HGH YLD BD 78464A417 5,139 125,000 SH PUT SOLE 125,000 * SS&C TECHNOLOGIES HLDGS INC COM 78467J100 426 14,222 SH SOLE 14,222 * SALIX PHARMACEUTICALS INC COM 795435106 997 19,484 SH SOLE 19,484 * SALLY BEAUTY HLDGS INC COM 79546E104 921 31,338 SH SOLE 31,338 * SELECT SECTOR SPDR TR SBI INT-FINL 81369Y605 910 50,000 SH PUT SOLE 50,000 * SELECT SECTOR SPDR TR SBI INT-ENERGY 81369Y956 79,328 1,000,000 SH PUT SOLE 1,000,000 * SILVER BAY RLTY TR CORP COM 82735Q102 507 24,495 SH SOLE 24,495 * SIRONA DENTAL SYSTEMS INC COM 82966C103 703 9,531 SH SOLE 9,531 * SOUTHWEST GAS CORP COM 844895102 1,078 22,708 SH SOLE 22,708 * SPECTRA ENERGY CORP COM 847560109 51,557 1,676,660 SH DEFINED 1 1,676,660 * SPECTRUM BRANDS HLDGS INC COM 84763R101 818 14,456 SH SOLE 14,456 * STARWOOD PPTY TR INC COM 85571B105 1,252 45,087 SH SOLE 45,087 * STILLWATER MNG CO COM 86074Q102 259 20,000 SH CALL SOLE 20,000 * SYNOPSYS INC COM 871607107 604 16,843 SH SOLE 16,843 * TW TELECOM INC COM 87311L104 936 37,139 SH SOLE 37,139 * TECK RESOURCES LTD CL B 878742204 19,523 693,300 SH DEFINED 1 693,300 * THORATEC CORP COM NEW 885175307 1,228 32,752 SH SOLE 32,752 * TIME WARNER INC COM NEW 887317303 611 10,604 SH SOLE 10,604 * TOTAL SYS SVCS INC COM 891906109 700 28,262 SH SOLE 28,262 * TRANSDIGM GROUP INC COM 893641100 958 6,266 SH SOLE 6,266 * TWO HBRS INVT CORP COM 90187B101 8,827 700,000 SH SOLE 700,000 * UNITED PARCEL SERVICE INC CL B 911312106 754 8,781 SH SOLE 8,781 * VERISIGN INC COM 92343E102 992 20,992 SH SOLE 20,992 VERISIGN INC SDCV 3.250% 8/1 92343EAD4 41,946 28,315,000 PRN NONE * VISA INC COM CL A 92826C839 873 5,139 SH SOLE 5,139 WASHINGTON POST CO CL B 939640108 647 1,447 SH SOLE 1,447 * WENDYS CO COM 95058W100 703 123,856 SH SOLE 123,856 * WEST COAST BANCORP ORE NEW COM NEW 952145209 13,206 543,888 SH SOLE 543,888 * WHITING PETE CORP NEW COM 966387102 46,311 910,923 SH DEFINED 1 910,923 * WHITING PETE CORP NEW COM 966387102 10,107 198,800 SH PUT SOLE 198,800 * WILLIAMS COS INC DEL COM 969457100 1,059 28,282 SH SOLE 28,282 * WPX ENERGY INC COM 98212B103 12,218 762,677 SH DEFINED 1 762,677 * XILINX INC COM 983919101 628 16,454 SH SOLE 16,454 XOOM CORP COM 98419Q101 2,415 105,747 SH SOLE 105,747 * YAHOO INC COM 984332106 1,070 45,491 SH SOLE 45,491 ZAIS FINL CORP COM 98886K108 3,204 155,310 SH SOLE 155,310 * ZEBRA TECHNOLOGIES CORP CL A 989207105 921 19,536 SH SOLE 19,536 ZIONS BANCORPORATION *W EXP 11/14/201 989701131 918 333,909 SH SOLE 333,909 * ALTERRA CAPITAL HOLDINGS LIM COM G0229R108 23,138 734,784 SH SOLE 734,784 FLEETMATICS GROUP PLC COM G35569105 5,738 236,600 SH SOLE 236,600 * KOSMOS ENERGY LTD SHS G5315B107 17,912 1,585,108 SH SOLE 1,585,108 * ROWAN COMPANIES PLC SHS CL A G7665A101 4,822 136,364 SH SOLE 136,364 * ROWAN COMPANIES PLC SHS CL A G7665A101 8,858 250,500 SH PUT SOLE 250,500 SHIP FINANCE INTERNATIONAL L NOTE 3.250% 2/0 G81075AE6 5,156 5,000,000 PRN NONE * TEXTAINER GROUP HOLDINGS LTD SHS G8766E109 560 14,149 SH SOLE 14,149 * VALIDUS HOLDINGS LTD COM SHS G9319H102 818 21,895 SH SOLE 21,895 * WARNER CHILCOTT PLC IRELAND SHS A G94368100 271 20,000 SH CALL SOLE 20,000 * GOLAR LNG LTD BERMUDA SHS G9456A100 1,803 48,741 SH SOLE 48,741 * ACE LTD SHS H0023R105 650 7,303 SH SOLE 7,303 * NOBLE CORPORATION BAAR NAMEN -AKT H5833N103 22,659 593,950 SH DEFINED 1 593,950 * NOBLE CORPORATION BAAR NAMEN -AKT H5833N103 7,630 200,000 SH PUT SOLE 200,000 * TRANSOCEAN LTD REG SHS H8817H100 20,061 386,080 SH DEFINED 1 386,080 * TYCO INTERNATIONAL LTD SHS H89128104 1,107 34,593 SH SOLE 34,593 * PACIFIC DRILLING SA LUXEMBOU REG SHS L7257P106 2,967 293,749 SH SOLE 293,749 * NXP SEMICONDUCTORS N V COM N6596X109 7,436 245,500 SH SOLE 245,500 * AVAGO TECHNOLOGIES LTD SHS Y0486S104 1,224 34,097 SH SOLE 34,097 * TEEKAY CORPORATION COM Y8564W103 93,179 2,591,196 SH DEFINED 1 2,591,196