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 1,144,542 45,800 SH   DFND Dorset 45,800 0 0
Affymetrix, Inc. Common 00826T108 8,570 1,000 SH   DFND Dorset 0 1,000 0
Affymetrix, Inc. Common 00826T108 3,209,465 374,500 SH   DFND Dorset 374,500 0 0
AllianceBernstein Holdings LP Common 01881G106 10,670 500 SH   DFND Other 0 500 0
Ambac Financial Group, Inc. Common 023139884 73,680 3,000 SH   DFND Dorset 0 3,000 0
Ambac Financial Group, Inc. Common 023139884 3,940,063 160,426 SH   DFND Dorset 160,426 0 0
Anadarko Petroleum Corporation Common 032511107 7,951,830 100,250 SH   DFND Dorset 0 100,250 0
Anadarko Petroleum Corporation Common 032511107 10,311,600 130,000 SH   DFND Dorset 130,000 0 0
Anadarko Petroleum Corporation Common 032511107 364,872 4,600 SH   DFND Other 4,600 0 0
Anadarko Petroleum Corporation Common 032511107 475,920 6,000 SH   DFND Other 0 6,000 0
Anchor Bancorp WA Common 032838104 91,450 5,000 SH   DFND Other 5,000 0 0
Anchor Bancorp WA Common 032838104 137,175 7,500 SH   DFND Other 0 7,500 0
Apple Inc. Common 037833100 42,077 75 SH   DFND Other 75 0 0
Apple Inc. Common 037833100 42,077 75 SH   DFND Other 0 75 0
Approach Resources, Inc. Common 03834A103 6,176,000 320,000 SH   DFND Dorset 0 320,000 0
Baker Hughes Incorporated Common 057224107 9,394,200 170,000 SH   DFND Dorset 0 170,000 0
Cabot Oil & Gas Corporation Common 127097103 19,767,600 510,000 SH   DFND Dorset 0 510,000 0
Cameron International Corporation Common 13342B105 8,929,500 150,000 SH   DFND Dorset 0 150,000 0
Canadian Natural Resources Ltd. Common 136385101 12,213,352 361,000 SH   DFND Dorset 0 361,000 0
Canadian Natural Resources Ltd. Common 136385101 329,940 9,750 SH   DFND Other 9,750 0 0
Canadian Natural Resources Ltd. Common 136385101 649,728 19,200 SH   DFND Other 0 0 0
Capitol Federal Financial, Inc. Common 14057J101 24,220 2,000 SH   DFND Dorset 0 2,000 0
Capitol Federal Financial, Inc. Common 14057J101 8,665,916 715,600 SH   DFND Dorset 715,600 0 0
Capitol Federal Financial, Inc. Common 14057J101 24,220 2,000 SH   DFND Other 2,000 0 0
Capitol Federal Financial, Inc. Common 14057J101 72,660 6,000 SH   DFND Other 0 6,000 0
China Ceramics Co. Ltd. Common G2113X100 569,147 233,257 SH   DFND Dorset 233,257 0 0
Cimarex Energy Co. Common 171798101 15,736,500 150,000 SH   DFND Dorset 0 150,000 0
Coca-Cola Company Common 191216100 247,860 6,000 SH   DFND Other 0 6,000 0
Columbia Laboratories, Inc. Common 197779200 1,056,939 159,900 SH   DFND Dorset 159,900 0 0
Concho Resources Inc. Common 20605P101 17,280,000 160,000 SH   DFND Dorset 160,000 0 0
Continental Resources, Inc. Common 212015101 5,626,000 50,000 SH   DFND Dorset 0 50,000 0
DepoMed, Inc. Common 249908104 1,381,748 130,600 SH   DFND Dorset 130,600 0 0
Devon Energy Corp. Common 25179M103 2,474,800 40,000 SH   DFND Dorset 0 40,000 0
Du Ponte I DE Nemouris & Co Inc. Common 263534109 64,970 1,000 SH   DFND Other 1,000 0 0
Du Ponte I DE Nemouris & Co Inc. Common 263534109 233,892 3,600 SH   DFND Other 0 3,600 0
Eagle Materials Inc. Common 26969P108 17,654 228 SH   DFND Other 228 0 0
Essex Rental Corporation Common 297187106 1,728,708 528,657 SH   DFND Dorset 528,657 0 0
FMC Technologies, Inc. Common 30249U101 13,052,500 250,000 SH   DFND Dorset 0 250,000 0
FutureFuel Corporation Common 36116M106 7,900 500 SH   DFND Dorset 0 500 0
FutureFuel Corporation Common 36116M106 5,114,365 323,694 SH   DFND Dorset 323,694 0 0
General Electric Co Common 369604103 100,908 3,600 SH   DFND Other 0 3,600 0
Halliburton Company Common 406216101 17,762,500 350,000 SH   DFND Dorset 0 350,000 0
Hancock Fabrics, Inc. Common 409900107 39,636 36,700 SH   DFND Dorset 36,700 0 0
Helmerich & Payne, Inc. Common 423452101 13,452,800 160,000 SH   DFND Dorset 0 160,000 0
Hess Corporation Common 42809H107 18,260,000 220,000 SH   DFND Dorset 0 220,000 0
Hyde Park Acquisition Corp. II Common 448640102 1,458,550 145,855 SH   DFND Dorset 145,855 0 0
JP Morgan Chase & Co. Common 46625H100 385,968 6,600 SH   DFND Other 6,600 0 0
JP Morgan Chase & Co. Common 46625H100 859,656 14,700 SH   DFND Other 0 14,700 0
Johnson & Johnson Common 478160104 109,908 1,200 SH   DFND Other 1,200 0 0
Johnson & Johnson Common 478160104 476,268 5,200 SH   DFND Other 0 5,200 0
Kraft Foods Group Inc. Common 50076Q106 35,904 666 SH   DFND Other 666 0 0
Kraft Foods Group Inc. Common 50076Q106 165,234 3,065 SH   DFND Other 0 3,065 0
Kythera Biopharmaceuticals, Inc. Common 501570105 855,315 22,900 SH   DFND Dorset 22,900 0 0
Ligand Pharmaceuticals Incorporated Common 53220K504 87,632 1,666 SH   DFND Dorset 0 1,666 0
Ligand Pharmaceuticals Incorporated Common 53220K504 67,757,058 1,288,157 SH   DFND Dorset 1,288,157 0 0
Ligand Pharmaceuticals Incorporated Common 53220K504 144,282 2,743 SH   DFND Other 2,743 0 0
Lilly Eli & Co. Common 532457108 15,300 300 SH   DFND Other 0 0 0
Mondelez Int'l Inc. Common 609207105 70,600 2,000 SH   DFND Other 2,000 0 0
Mondelez Int'l Inc. Common 609207105 105,900 3,000 SH   DFND Other 0 3,000 0
Microsoft Corporation Common 594918104 2,519,563 67,350 SH   DFND Dorset 67,350 0 0
Microsoft Corporation Common 594918104 14,964 400 SH   DFND Other 0 400 0
National Oilwell Varco Inc. Common 637071101 13,520,100 170,000 SH   DFND Dorset 0 170,000 0
Noble Corporation PLC Common G65431101 9,742,200 260,000 SH   DFND Dorset 0 260,000 0
Noble Energy, Inc. Common 655044105 19,411,350 285,000 SH   DFND Dorset 0 285,000 0
OBA Financial Services Inc. Common 67424G101 91,000 5,000 SH   DFND Other 5,000 0 0
Oritani Financial Corp Common 68633D103 32,100 2,000 SH   DFND Other 2,000 0 0
Oritani Financial Corp Common 68633D103 96,300 6,000 SH   DFND Other 0 6,000 0
Pfizer Inc. Common 717081103 91,890 3,000 SH   DFND Dorset 0 3,000 0
Pfizer Inc. Common 717081103 33,153,177 1,082,376 SH   DFND Dorset 1,082,376 0 0
Pfizer Inc. Common 717081103 539,088 17,600 SH   DFND Other 17,600 0 0
Pfizer Inc. Common 717081103 1,837,800 60,000 SH   DFND Other 0 60,000 0
Physicians Realty Trust Common 71943U104 583,492 45,800 SH   DFND Dorset 45,800 0 0
Pioneer Natural Resources Company Common 723787107 14,725,600 80,000 SH   DFND Dorset 0 80,000 0
Proctor & Gamble Company Common 742718109 43,473 534 SH   DFND Dorset 534 0 0
QLT Inc. Common 746927102 2,483,808 445,926 SH   DFND Dorset 445,926 0 0
Rand Logistics, Inc. Common 752182105 5,193 900 SH   DFND Dorset 0 900 0
Rand Logistics, Inc. Common 752182105 8,318,938 1,441,757 SH   DFND Dorset 1,441,757 0 0
Ryman Hospitality PPTYS Inc. Common 78377T107 16,712 400 SH   DFND Other 0 400 0
Schlumberger Limited Common 806857108 21,626,400 240,000 SH   DFND Dorset 0 240,000 0
SM Energy Company Common 78454L100 19,115,300 230,000 SH   DFND Dorset 0 230,000 0
Smith & Wesson Holding Corporation Common 831756101 2,023,500 150,000 SH   DFND Dorset 150,000 0 0
Southwestern Energy Company Common 845467109 18,485,100 470,000 SH   DFND Dorset 0 470,000 0
Standard Financial Corp. Common 853393106 374,000 20,000 SH   DFND Dorset 20,000 0 0
Starwood PPTY TR Inc. Common 85571B105 11,080 400 SH   DFND Other 0 400 0
State Investors Bancorp, Inc. Common 857030100 450,000 30,000 SH   DFND Dorset 30,000 0 0
The Howard Hughes Corporation Common 44267D107 3,482,900 29,000 SH   DFND Dorset 29,000 0 0
The Mosaic Company Common 61945C103 16,544 350 SH   DFND Dorset 0 350 0
The Mosaic Company Common 61945C103 6,676,887 141,250 SH   DFND Dorset 141,250 0 0
TheStreet Inc. Common 88368Q103 242,272 107,200 SH   DFND Dorset 107,200 0 0
Total SA Common 89151E109 147,048 2,400 SH   DFND Other 2,400 0 0
Total SA Common 89151E109 147,048 2,400 SH   DFND Other 0 2,400 0
WPX Energy Inc. Common 98212B103 9,578,600 470,000 SH   DFND Dorset 470,000 0 0
Whiting Petroleum Corporation Common 966387102 19,798,400 320,000 SH   DFND Dorset 0 320,000 0