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
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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
ANN Inc. COM 35623107 13,521 280,000 SH   SOLE   269,570 0 10,430
Advent Software, Inc. COM 7974108 12,600 285,000 SH   SOLE   276,105 0 8,895
Altera Corporation COM 21441100 11,520 225,000 SH   SOLE   216,470 0 8,530
Broadcom Corporation CL A 111320107 10,298 200,000 SH   SOLE   192,490 0 7,510
Catamaran Corporation COM 148887102 14,219 232,800 SH   SOLE   218,555 0 14,245
City National Corporation COM 178566105 13,694 151,500 SH   SOLE   147,380 0 4,120
DIRECTV COM 25490A309 16,888 182,000 SH   SOLE   177,870 0 4,130
Dresser-Rand Group, Inc. COM 261608103 15,332 180,000 SH   SOLE   180,000 0 0
Excel Trust, Inc. COM 30068C109 5,519 350,000 SH   SOLE   338,040 0 11,960
Family Dollar Stores, Inc. COM 307000109 14,477 183,700 SH   SOLE   178,335 0 5,365
Fiat Chrysler Automobiles NV SHS N31738102 4,359 300,000 SH   SOLE   300,000 0 0
Freescale Semiconductor Ltd. SHS G3727Q101 12,471 312,000 SH   SOLE   301,000 0 11,000
Geeknet Inc. COM NEW 36846Q203 5,725 287,087 SH   SOLE   267,934 0 19,153
GrafTech International Ltd. COM 384313102 4,960 1,000,000 SH   SOLE   941,810 0 58,190
HCC Insurance Holdings, Inc. COM 404132102 11,526 150,000 SH   SOLE   144,090 0 5,910
Hospira, Inc. COM 441060100 11,976 135,000 SH   SOLE   130,295 0 4,705
Hudson City Bancorp, Inc. COM 443683107 16,377 1,657,541 SH   SOLE   1,607,341 0 50,200
IGATE Corporation COM 45169U105 10,601 222,300 SH   SOLE   214,095 0 8,205
Informatica Corp COM 45666q102 5,574 115,000 SH   SOLE   115,000 0 0
KYTHERA Biopharmaceuticals, In COM 501570105 8,552 113,556 SH   SOLE   106,956 0 6,600
Levy Aquisition Corp COM 52748T104 4,499 295,600 SH   SOLE   278,945 0 16,655
Micrel, Incorporated COM 594793101 8,340 600,000 SH   SOLE   559,260 0 40,740
National Interstate Corporatio COM 63654u100 8,815 322,669 SH   SOLE   322,669 0 0
NorthStar Realty Finance Corp. COM NEW 66704r100 7,390 464,760 SH   SOLE   454,745 0 10,015
Omnicare, Inc. COM 681904108 10,367 110,000 SH   SOLE   105,870 0 4,130
Polypore International, Inc. COM 73179V103 11,970 199,895 SH   SOLE   193,340 0 6,555
RTI International Metals, Inc. COM 74973W107 9,960 316,000 SH   SOLE   305,870 0 10,130
Rally Software Development Cor COM 751198102 10,714 550,844 SH   SOLE   519,589 0 31,255
Rosetta Resources Inc. COM 777779307 11,593 501,000 SH   SOLE   485,079 0 15,921
Sigma-Aldrich Corporation COM 826552101 14,329 102,825 SH   SOLE   102,825 0 0
Susquehanna Bancshares, Inc. COM 869099101 12,920 915,000 SH   SOLE   889,199 0 25,801
ALTRIA GROUP INC COM 02209S103 36 725 SH   SOLE   0 0 725
ETFS PALLADIUM TRUST SH BEN INT 26923A106 598 9,189 SH   SOLE   0 0 9,189
EQUITY COMMONWEALTH COM SH BEN INT 294628102 13 500 SH   SOLE   0 0 500
iSHARES S-T NATL AMT FREE MUNI BOND ETF SHT NTLAMTFR ETF 464288158 502 4,750 SH   SOLE   0 0 4,750
MOSAIC CO (THE) COM 61945C103 1,170 24,970 SH   SOLE   0 0 24,970
OUTFRONT MEDIA INC COM 69007J106 71 2,804 SH   SOLE   0 0 2,804
PHILIP MORRIS INTERNATIONAL COM 718172109 58 725 SH   SOLE   0 0 725
WILLIAMS COS INC COM 969457100 128 2,250 SH   SOLE   0 0 2,250
WPX ENERGY INC COM 98212B103 9 749 SH   SOLE   0 0 749
XCEL ENERGY INC COM 98389B100 85 2,625 SH   SOLE   0 0 2,625