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 1,454,150 45,800 SH   DFND Dorset 45,800 0 0
Affymetrix, Inc. Common 00826T108 15,792 1,600 SH   DFND Dorset 0 1,600 0
Affymetrix, Inc. Common 00826T108 3,744,678 379,400 SH   DFND Dorset 379,400 0 0
Allergan, Inc. Common 018490102 1,169,245 5,500 SH   DFND Dorset 5,500 0 0
AllianceBernstein Holdings LP Unit Ltd Common 01881G106 38,745 1,500 SH   OTR   1,500 0 0
Ambac Financial Group, Inc. Common 023139884 73,500 3,000 SH   DFND Dorset 0 3,000 0
Ambac Financial Group, Inc. Common 023139884 4,175,437 170,426 SH   DFND Dorset 170,426 0 0
Anadarko Petroleum Corporation Common 032511107 4,933,500 59,800 SH   DFND Dorset 59,800 0 0
Anadarko Petroleum Corporation Common 032511107 18,599,625 225,450 SH   DFND Dorset 0 225,450 0
Anadarko Petroleum Corporation Common 032511107 276,787 3,355 SH   OTR   0 3,355 0
Anadarko Petroleum Corporation Common 032511107 495,000 6,000 SH   OTR   6,000 0 0
Anchor Bancorp Common 032838104 102,000 5,000 SH   OTR   0 5,000 0
Anchor Bancorp Common 032838104 153,000 7,500 SH   OTR   7,500 0 0
Antero Resources Corporation Common 03674X106 6,695,700 165,000 SH   DFND Dorset 0 165,000 0
Apple Inc. Common 037833100 57,950 525 SH   OTR   0 525 0
Apple Inc. Common 037833100 57,949 525 SH   OTR   525 0 0
AT&T Inc. Common 00206R102 94,052 2,800 SH   OTR   2,800 0 0
Auspex Pharmaceuticals, Inc. Common 05211J102 6,743,680 128,500 SH   DFND Dorset 128,500 0 0
Baker Hughes Incorporated Common 057224107 7,849,800 140,000 SH   DFND Dorset 0 140,000 0
Biota Pharmaceuticals, Inc. Common 090694100 3,360 1,500 SH   DFND Dorset 0 1,500 0
Biota Pharmaceuticals, Inc. Common 090694100 597,692 266,827 SH   DFND Dorset 266,827 0 0
Cabot Oil & Gas Corporation Common 127097103 12,732,300 430,000 SH   DFND Dorset 0 430,000 0
Cameron International Corporation Common 13342B105 13,486,500 270,000 SH   DFND Dorset 0 270,000 0
Canadian Natural Resources Ltd. Common 136385101 11,160,315 361,000 SH   DFND Dorset 0 361,000 0
Canadian Natural Resources Ltd. Common 136385101 301,080 9,750 SH   OTR   0 9,750 0
Canadian Natural Resources Ltd. Common 136385101 592,896 19,200 SH   OTR   19,200 0 0
Capitol Federal Financial, Inc. Common 14057J101 25,560 2,000 SH   DFND Dorset 0 2,000 0
Capitol Federal Financial, Inc. Common 14057J101 8,698,068 680,600 SH   DFND Dorset 680,600 0 0
Capitol Federal Financial, Inc. Common 14057J101 51,120 4,000 SH   OTR   0 4,000 0
Capitol Federal Financial, Inc. Common 14057J101 76,680 6,000 SH   OTR   6,000 0 0
China Ceramics Co. Ltd. Common G2113X100 188,938 233,257 SH   DFND Dorset 233,257 0 0
Cimarex Energy Co. Common 171798101 15,900,000 150,000 SH   DFND Dorset 0 150,000 0
Coco-Cola Inc. Common 191216100 253,320 6,000 SH   OTR   6,000 0 0
Columbia Laboratories, Inc. Common 197779101 373,856 66,760 SH   DFND Dorset 66,760 0 0
Concho Resources Inc. Common 20605P101 15,461,250 155,000 SH   DFND Dorset 0 155,000 0
Devon Energy Corp. Common 25179M103 11,323,850 185,000 SH   DFND Dorset 0 185,000 0
Du Pont E I De Nemours & Co. Common 263534109 73,940 1,000 SH   OTR   0 1,000 0
Du Pont E I De Nemours & Co. Common 263534109 266,184 3,600 SH   OTR   3,600 0 0
Eagle Materials Inc. Common 26969P108 17,335 228 SH   OTR   228 0 0
Eli Lilly & Co. Common 532457108 20,697 300 SH   OTR   0 300 0
Entegra Financial Corp. Common 29363J108 431,700 30,000 SH   DFND Dorset 30,000 0 0
Entegra Financial Corp. Common 29363J108 43,170 3,000 SH   OTR   0 3,000 0
Entegra Financial Corp. Common 29363J108 71,950 5,000 SH   OTR   5,000 0 0
FMC Technologies, Inc. Common 30249U101 11,241,600 240,000 SH   DFND Dorset 0 240,000 0
FNB Corp. Common 302520101 118,615 8,905 SH   OTR   0 8,905 0
FutureFuel Corporation Common 36116M106 6,510 500 SH   DFND Dorset 0 500 0
FutureFuel Corporation Common 36116M106 2,601,448 199,804 SH   DFND Dorset 199,804 0 0
General Electric Common 369604103 90,972 3,600 SH   OTR   3,600 0 0
GlaxoSmithKline plc Common 37733W105 918,910 21,500 SH   DFND Dorset 21,500 0 0
Goodrich Petroleum @ 7.5 exp 1/15 Common 9EDFR50G3 37,500 50 SH Put DFND Dorset 50 0 0
Gulfport Energy Corporation Common 402635304 10,852,400 260,000 SH   DFND Dorset 0 260,000 0
Halliburton Company Common 406216101 8,652,600 220,000 SH   DFND Dorset 0 220,000 0
Hancock Fabrics, Inc. Common 409900107 19,318 32,138 SH   DFND Dorset 32,138 0 0
Helmerich & Payne, Inc. Common 423452101 8,427,500 125,000 SH   DFND Dorset 0 125,000 0
Hess Corporation Common 42809H107 13,287,600 180,000 SH   DFND Dorset 0 180,000 0
Iridium Communications, Inc. Common 46269C102 19,500 2,000 SH   DFND Dorset 0 2,000 0
Iridium Communications, Inc. Common 46269C102 3,295,500 338,000 SH   DFND Dorset 338,000 0 0
JP Morgan Chase & Co. Common 46625H100 292,874 4,680 SH   OTR   0 4,680 0
JP Morgan Chase & Co. Common 46625H100 919,926 14,700 SH   OTR   14,700 0 0
Johnson & Johnson Common 478160104 125,484 1,200 SH   OTR   0 1,200 0
Johnson & Johnson Common 478160104 543,764 5,200 SH   OTR   5,200 0 0
Kraft Foods Group Inc. Common 50076Q106 41,731 666 SH   OTR   0 666 0
Kraft Foods Group Inc. Common 50076Q106 192,053 3,065 SH   OTR   3,065 0 0
Ligand Pharmaceuticals Incorporated Common 53220K504 88,648 1,666 SH   DFND Dorset 0 1,666 0
Ligand Pharmaceuticals Incorporated Common 53220K504 66,313,335 1,246,257 SH   DFND Dorset 1,246,257 0 0
Ligand Pharmaceuticals Incorporated Common 53220K504 98,066 1,843 SH   OTR   0 1,843 0
Macquarie infrastructure Common 55608B105 248,815 3,500 SH   OTR   3,500 0 0
Merck & Co Inc. Common 58933Y105 45,432 800 SH   OTR   800 0 0
Metronics Inc. Common 585055106 21,660 300 SH   OTR   0 300 0
Microsoft Corporation Common 594918104 3,128,407 67,350 SH   DFND Dorset 67,350 0 0
Microsoft Corporation Common 594918104 18,580 400 SH   OTR   400 0 0
Mondelez Intl Inc. Common 609207105 72,650 2,000 SH   OTR   0 2,000 0
Mondelez Intl Inc. Common 609207105 108,975 3,000 SH   OTR   3,000 0 0
National Oilwell Varco Inc. Common 637071101 9,829,500 150,000 SH   DFND Dorset 0 150,000 0
Noble Energy, Inc. Common 655044105 13,043,250 275,000 SH   DFND Dorset 0 275,000 0
Och-Ziff Capital Management Group Common 67551U105 23,360 2,000 SH   OTR   2,000 0 0
Oritani Financial Corp Common 68633D103 30,800 2,000 SH   OTR   0 2,000 0
Oritani Financial Corp Common 68633D103 92,400 6,000 SH   OTR   6,000 0 0
Parsley Energy, Inc. Common 701877102 3,511,200 220,000 SH   DFND Dorset 0 220,000 0
Pfizer Inc. Common 717081103 93,450 3,000 SH   DFND Dorset 0 3,000 0
Pfizer Inc. Common 717081103 33,716,012 1,082,376 SH   DFND Dorset 1,082,376 0 0
Pfizer Inc. Common 717081103 436,100 14,000 SH   OTR   0 14,000 0
Pfizer Inc. Common 717081103 1,869,000 60,000 SH   OTR   60,000 0 0
Physicians Realty Trust Common 71943U104 760,280 45,800 SH   DFND Dorset 45,800 0 0
Pioneer Natural Resources Company Common 723787107 14,885,000 100,000 SH   DFND Dorset 0 100,000 0
QLT Inc. Common 746927102 1,788,163 445,926 SH   DFND Dorset 445,926 0 0
Rand Logistics, Inc. Common 752182105 3,555 900 SH   DFND Dorset 0 900 0
Rand Logistics, Inc. Common 752182105 5,602,909 1,418,458 SH   DFND Dorset 1,418,458 0 0
Relypsa, Inc Common 759531106 12,320 400 SH   DFND Dorset 0 400 0
Relypsa, Inc Common 759531106 3,883,880 126,100 SH   DFND Dorset 126,100 0 0
Ryman Hospitality Pptys Inc. Common 78377T107 21,096 400 SH   OTR   400 0 0
Schlumberger Limited Common 806857108 17,936,100 210,000 SH   DFND Dorset 0 210,000 0
SM Energy Company Common 78454L100 11,574,000 300,000 SH   DFND Dorset 0 300,000 0
Southwestern Energy Company Common 845467109 2,729,000 100,000 SH   DFND Dorset 0 100,000 0
Spectrum Pharmaceuticals Inc. Common 84763A108 1,094,940 158,000 SH   DFND Dorset 158,000 0 0
Standard Financial Corp. Common 853393106 435,000 20,000 SH   DFND Dorset 20,000 0 0
Starwood Ppty Inc. Common 85571B105 9,296 400 SH   OTR   400 0 0
State Investors Bancorp, Inc. Common 857030100 621,600 30,000 SH   DFND Dorset 30,000 0 0
Sunshine Bancorp, Inc. Common 86777J108 244,600 20,000 SH   DFND Dorset 20,000 0 0
Sunshine Bancorp, Inc. Common 86777J108 24,460 2,000 SH   OTR   0 2,000 0
Sunshine Bancorp, Inc. Common 86777J108 73,380 6,000 SH   OTR   6,000 0 0
TheStreet Inc. Common 88368Q103 255,136 107,200 SH   DFND Dorset 107,200 0 0
Total SA Sponsored ADR Common 89151E109 61,440 1,200 SH   OTR   0 1,200 0
Total SA Sponsored ADR Common 89151E109 122,880 2,400 SH   OTR   2,400 0 0
U.S. Silica Holdings, Inc. Common 90346E103 4,495,750 175,000 SH   DFND Dorset 0 175,000 0
Verizon Communications inc. Common 92343V104 65,492 1,400 SH   OTR   1,400 0 0
Wal-Mart Stores, Inc. Common 931142103 17,176 200 SH   DFND Dorset 0 200 0
Wal-Mart Stores, Inc. Common 931142103 2,232,880 26,000 SH   DFND Dorset 26,000 0 0
Whiting Petroleum Corporation Common 966387102 11,880,000 360,000 SH   DFND Dorset 0 360,000 0