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
ABBVIE INC COMMON STOCK 00287Y109 3,160 70,656 SH   SOLE   0 0 0
ACADIA HEALTHCARE CO INC COMMON STOCK 00404A109 20,448 518,601 SH   DFND   0 0 0
ACME PACKAGING CORP. COMMON STOCK 004816104 0 155,179 SH   SOLE   0 0 0
ADCARE HEALTH SYSTEMS INC. COMMON STOCK 00650W300 505 124,786 SH   DFND   0 0 0
PERITUS HIGH YIELD ETF EXCHANGE TRADED FUNDS 00768Y503 1,286 25,000 SH   SOLE   0 0 0
AETNA INC. COMMON STOCK 00817Y108 960 15,000 SH   SOLE   0 0 0
AFFILIATED MANAGERS GROUP INC. COMMON STOCK 008252108 16,717 91,532 SH   SOLE   0 0 0
AGILENT TECHNOLOGIES INC. COMMON STOCK 00846U101 3,280 64,000 SH   DFND   0 0 0
AKORN INC. COMMON STOCK 009728106 7,420 377,054 SH   SOLE   0 0 0
ALLEGHENY TECHNOLOGIES, INC. COMMON STOCK 01741R102 2,133 69,900 SH   SOLE   0 0 0
ALLIANCE DATA SYSTEMS CORP COMMON STOCK 018581108 61,105 288,953 SH   DFND   0 0 0
AMERICAN INTERNATIONAL GROUP INC. COMMON STOCK 026874784 36,243 745,282 SH   DFND   0 0 0
AMERICAN TOWER CORP-CL A EQUITY 03027X100 588 7,926 SH   SOLE   0 0 0
APOLLO GROUP COMMON STOCK 037604105 3,095 148,750 SH   SOLE   0 0 0
ARMSTRONG WORLD INDUSTRIES, INC. COMMON STOCK 04247X102 9,992 181,800 SH   SOLE   0 0 0
BALL CORPORATION COMMON STOCK 058498106 6,105 136,025 SH   SOLE   0 0 0
BANK OF AMERICA CORPORATION EQUITY WARRANTS 060505153 570 721,832 SH   SOLE   0 0 0
BE AEROSPACE, INC COMMON STOCK 073302101 11,077 150,050 SH   SOLE   0 0 0
BIG LOTS INC. COMMON STOCK 089302103 410 11,050 SH   SOLE   0 0 0
BIO-RAD LABORATORIES -CL B COMMON STOCK 090572207 478 4,062 SH   SOLE   0 0 0
BIOCRYST PHARMACEUTICALS COMMON STOCK 09058V103 675 92,680 SH   SOLE   0 0 0
BIOSCRIP, INC. COMMON STOCK 09069N108 1,124 128,000 SH   DFND   0 0 0
BRUKER CORP COMMON STOCK 116794108 1,076 52,119 SH   SOLE   0 0 0
CBS CORP COMMON STOCK 124857202 54,186 982,346 SH   DFND   0 0 0
CIT GROUP INC. COMMON STOCK 125581801 7,291 149,500 SH   SOLE   0 0 0
CME GROUP INC. COMMON STOCK 12572Q105 612 8,278 SH   SOLE   0 0 0
CAPITAL SOURCE COMMON STOCK 14055X102 1,485 125,000 SH   SOLE   0 0 0
CARDINAL HEALTH INC. COMMON STOCK 14149Y108 5,306 101,753 SH   DFND   0 0 0
REPLIDYNE INC. COMMON STOCK 141619106 401 20,000 SH   SOLE   0 0 0
CEDAR FAIR LP/CANADA'S WONDERLAND LTD PARTNERSHIP 150185106 35,574 815,912 SH   DFND   0 0 0
CELGENE CORP COMMON STOCK 151020104 771 5,000 SH   SOLE   0 0 0
CEPHEID COMMON STOCK 15670R107 663 16,992 SH   SOLE   0 0 0
CHELSEA THERAPEUTICS INTERNA COMMON STOCK 163428105 717 239,800 SH   SOLE   0 0 0
CHIMERIX INC COMMON STOCK 16934W106 401 18,262 SH   SOLE   0 0 0
CHUBB CORPORATION COMMON STOCK 171232101 348 3,900 SH   SOLE   0 0 0
CIENA CORPORATION COMMON STOCK 171779309 10,070 402,650 SH   SOLE   0 0 0
CIMAREX ENERGY CO COMMON STOCK 171798101 10,305 106,900 SH   SOLE   0 0 0
CLAYMORE/MAC GLBL SOLAR ENRG EXCHANGE TRADED FUNDS 18383Q739 4,398 127,446 SH   SOLE   0 0 0
COGNIZANT TECHNOLOGY SOLUTIONS CORPORATION COMMON STOCK 192446102 5,018 61,100 SH   SOLE   0 0 0
COLGATE-PALMOLIVE CO COMMON STOCK 194162103 557 9,400 SH   SOLE   0 0 0
COMPUWARE CORPORATION COMMON STOCK 205638109 22,320 1,994,619 SH   DFND   0 0 0
CONCHO RESOURCES INC. COMMON STOCK 20605P101 19,640 180,500 SH   SOLE   0 0 0
CONN'S INC COMMON STOCK 208242107 7,216 144,242 SH   SOLE   0 0 0
CORNING INC. COMMON STOCK 219350105 235 16,135 SH   SOLE   0 0 0
CORRECTIONS CORPORATION OF AMERICA EQUITY 22025Y407 27,618 799,360 SH   DFND   0 0 0
CREDIT SUISSE ASSET MGMT INC CLOSE END FIXED INCOME MUTUAL FUNDS 224916106 45 12,254 SH   SOLE   0 0 0
CREDIT SUISSE HIGH YIELD BD CLOSE END FIXED INCOME MUTUAL FUNDS 22544F103 48 15,575 SH   SOLE   0 0 0
CUMMINS INC. COMMON STOCK 231021106 601 4,525 SH   SOLE   0 0 0
DEAN FOODS COMPANY COMMON STOCK 242370203 386 20,000 SH   SOLE   0 0 0
DEVRY INC. COMMON STOCK 251893103 21,497 703,430 SH   DFND   0 0 0
DIAMONDBACK ENERGY INC COMMON STOCK 25278X109 9,350 219,275 SH   SOLE   0 0 0
SMALL CAP BULL 3X SHARES EXCHANGE TRADED FUNDS 25459W847 627 10,000 SH   SOLE   0 0 0
DIREXION GOLD MINERS BULL 2X EXCHANGE TRADED FUNDS 25459Y389 1,176 23,400 SH   SOLE   0 0 0
CHARTWELL DIV & INC FUND INC CLOSE END FIXED INCOME MUTUAL FUNDS 25538A204 194 13,475 SH   SOLE   0 0 0
DOLLAR GENERAL CORPORATION COMMON STOCK 256677105 915 16,204 SH   SOLE   0 0 0
DOLLAR TREE INC COMMON STOCK 256746108 14,702 257,200 SH   SOLE   0 0 0
EMC CORPORATION COMMON STOCK 268648102 505 19,755 SH   SOLE   0 0 0
EQT MIDSTREAM PARTNERS LP COMMON STOCK 26885B100 985 20,000 SH   SOLE   0 0 0
EAGLE CAPITAL GROWTH FUND CLOSE END FIXED INCOME MUTUAL FUNDS 269451100 101 12,250 SH   SOLE   0 0 0
EDWARDS LIFESCIENCES CORPORATION COMMON STOCK 28176E108 1,574 22,600 SH   SOLE   0 0 0
ELLSWORTH FUND LTD CLOSE END FIXED INCOME MUTUAL FUNDS 289074106 187 23,700 SH   SOLE   0 0 0
ENDOCYTE INC COMMON STOCK 29269A102 1,924 144,365 SH   SOLE   0 0 0
ENTERPRISE PRODUCTS PARTNERS LP LTD PARTNERSHIP 293792107 228 3,737 SH   SOLE   0 0 0
EXAMWORKS INC COMMON STOCK 30066A105 752 28,929 SH   SOLE   0 0 0
EXPRESS SCRIPTS HOLDING COMPANY (FKA EXPRESS SCRIPTS, INC.) COMMON STOCK 30219G108 3,910 63,265 SH   SOLE   0 0 0
FACEBOOK INC COMMON STOCK 30303M102 16,224 322,985 SH   SOLE   0 0 0
FAIRPOINT COMMUNICATIONS, INC. COMMON STOCK 305560302 2,156 225,708 SH   DFND   0 0 0
FAMILY DOLLAR STORES, INC. COMMON STOCK 307000109 3,578 49,685 SH   DFND   0 0 0
FEDEX CORPORATION COMMON STOCK 31428X106 16,854 147,700 SH   SOLE   0 0 0
FIDELITY NATIONAL INFORMATIO COMMON STOCK 31620M106 14,398 310,043 SH   SOLE   0 0 0
FREEPORT-MCMORAN CORP COMMON STOCK 35671D857 8,263 249,800 SH   SOLE   0 0 0
GNC ACQUISITION HOLDINGS INC COMMON STOCK 36191G107 32,529 595,434 SH   DFND   0 0 0
RXI PHARMACEUTICALS CORP COMMON STOCK 363256108 1,824 800,000 SH   DFND   0 0 0
ARTHUR J GALLAGHER & CO COMMON STOCK 363576109 16,971 388,807 SH   SOLE   0 0 0
GAMESTOP CORP-CLASS A COMMON STOCK 36467W109 228 4,600 SH   SOLE   0 0 0
GENMARK DIAGNOSTICS INC COMMON STOCK 372309104 774 63,728 SH   SOLE   0 0 0
GILEAD SCIENCES, INC. COMMON STOCK 375558103 2,106 33,500 SH   DFND   0 0 0
GOOGLE INC-CL A COMMON STOCK 38259P508 877 1,001 SH   SOLE   0 0 0
W.R. GRACE & CO. COMMON STOCK 38388F108 557 6,370 SH   SOLE   0 0 0
GRAY TELEVISION, INC. COMMON STOCK 389375205 132 18,000 SH   SOLE   0 0 0
GUIDEWIRE SOFTWARE INC COMMON STOCK 40171V100 942 20,000 SH   SOLE   0 0 0
GULFPORT ENERGY COMMON STOCK 402635304 9,292 144,419 SH   SOLE   0 0 0
HANGER ORTHOPEDIC GROUP, INC. COMMON STOCK 41043F208 566 16,769 SH   SOLE   0 0 0
HEALTH NET INC. COMMON STOCK 42222G108 316 9,982 SH   SOLE   0 0 0
HEALTHSTREAM INC. COMMON STOCK 42222N103 777 20,500 SH   SOLE   0 0 0
HERTZ GLOBAL HOLDINGS INC. COMMON STOCK 42805T105 11,456 516,954 SH   SOLE   0 0 0
HESS CORPORATION COMMON STOCK 42809H107 7,115 91,995 SH   DFND   0 0 0
PYXIS/IBOXX SENIOR LOAN ETF EXCHANGE TRADED FUNDS 430101774 37,988 1,900,000 SH   SOLE   0 0 0
HONEYWELL INTERNATIONAL INC. COMMON STOCK 438516106 905 10,900 SH   SOLE   0 0 0
ICONIX BRAND GROUP, INC. COMMON STOCK 451055107 997 30,000 SH   SOLE   0 0 0
ILLUMINA INC. COMMON STOCK 452327109 1,051 13,000 SH   SOLE   0 0 0
INTERCEPT PHARMACEUTICALS INC COMMON STOCK 45845P108 1,998 28,951 SH   SOLE   0 0 0
ISHARES FTSE/XINHUA CHINA 25 EXCHANGE TRADED FUNDS 464287184 445 12,000 SH   SOLE   0 0 0
JOHNSON & JOHNSON COMMON STOCK 478160104 1,232 14,206 SH   SOLE   0 0 0
K12 INC COMMON STOCK 48273U102 434 14,046 SH   SOLE   0 0 0
KIRBY CORP. COMMON STOCK 497266106 11,805 136,400 SH   SOLE   0 0 0
LEGG MASON COMMON STOCK 524901105 9,226 275,900 SH   SOLE   0 0 0
LIFE TIME FITNESS COMMON STOCK 53217R207 19,208 373,192 SH   DFND   0 0 0
LORAL SPACECOM CORP COMMON STOCK 543881106 121,914 1,800,000 SH   SOLE   0 0 0
LUXOTTICA GROUP S.P.A. EQUITY 55068R202 986 18,542 SH   SOLE   0 0 0
MANAGED HI YLD PLUS FUND INC CLOSE END FIXED INCOME MUTUAL FUNDS 561911108 46 23,040 SH   SOLE   0 0 0
MARKET VECTORS OIL SERVICE E EXCHANGE TRADED FUNDS 57060U191 471 10,000 SH   SOLE   0 0 0
MARKWEST ENERGY PARTNERS, L.P. LTD PARTNERSHIP 570759100 226 3,124 SH   SOLE   0 0 0
MACTEC, INC. COMMON STOCK 576323109 11,347 374,500 SH   SOLE   0 0 0
MAZOR ROBOTICS LTD ADR 57886P103 312 18,433 SH   SOLE   0 0 0
MEDIVATION INC. COMMON STOCK 58501N101 455 7,594 SH   SOLE   0 0 0
MELCO CROWN ENTERTAINME-ADR ADR 585464100 22,529 707,802 SH   DFND   0 0 0
MERCADOLIBRE INC COMMON STOCK 58733R102 944 7,000 SH   SOLE   0 0 0
MERCK & CO., INC. COMMON STOCK 58933Y105 2,618 55,000 SH   DFND   0 0 0
MICROSOFT CORPORATION COMMON STOCK 594918104 501 15,050 SH   SOLE   0 0 0
MICRON TECHNOLOGY, INC. COMMON STOCK 595112103 9,765 559,000 SH   SOLE   0 0 0
MOLINA HEALTHCARE, INC COMMON STOCK 60855R100 852 23,935 SH   DFND   0 0 0
MONOLITHIC POWER SYSTEMS INC. COMMON STOCK 609839105 14,077 464,886 SH   SOLE   0 0 0
MYRAID GENETICS INC. COMMON STOCK 62855J104 13,952 593,705 SH   SOLE   0 0 0
NEKTAR THERAPEUTICS INC. COMMON STOCK 640268108 0 0 SH   SOLE   0 0 0
NETAPP INC COMMON STOCK 64110D104 627 14,700 SH   SOLE   0 0 0
NEWCASTLE INVESTMENT CORP. EQUITY 65105M108 45,297 8,059,924 SH   DFND   0 0 0
NEWS CORP/NEW-CL A-W/I COMMON STOCK 65249B109 16,796 1,045,800 SH   SOLE   0 0 0
NEXPOINT CREDIT STRATEGIES FUND (FKA HIGHLAND CREDIT STRATEGIES FUND) CLOSE END FIXED INCOME MUTUAL FUNDS 65340G106 8,860 1,158,195 SH   DFND   0 0 0
NOVAVAX INC. COMMON STOCK 670002104 551 175,000 SH   SOLE   0 0 0
NUPATHE INC COMMON STOCK 67059M100 63 26,099 SH   SOLE   0 0 0
NUVASIVE INC. COMMON STOCK 670704105 693 28,312 SH   SOLE   0 0 0
OCCIDENTAL PETROLEUM CORP. COMMON STOCK 674599105 648 6,932 SH   SOLE   0 0 0
PAREXEL INTERNATIONAL CORPORATION COMMON STOCK 699462107 541 10,786 SH   SOLE   0 0 0
PENDRELL CORPORATION ( F.K.A. ICO GLOBAL COMMUNICATIONS) COMMON STOCK 70686R104 88,486 45,611,145 SH   DFND   0 0 0
PIMCO 0-5 YEAR H/Y CORP BOND EXCHANGE TRADED FUNDS 72201R783 1,259 12,000 SH   SOLE   0 0 0
PLAINS ALL AMER PIPELINE LP LTD PARTNERSHIP 726503105 208 3,945 SH   SOLE   0 0 0
PRAXAIR INC. COMMON STOCK 74005P104 617 5,136 SH   SOLE   0 0 0
PRECISION CASTPARTS CORP. COMMON STOCK 740189105 11,089 48,800 SH   SOLE   0 0 0
PROGENICS PHARMACEUTICALS COMMON STOCK 743187106 10,978 2,186,853 SH   SOLE   0 0 0
ULTRA QQQ PROSHARES EXCHANGE TRADED FUNDS 74347R206 1,200 15,000 SH   SOLE   0 0 0
PROSHARES ULTRA GOLD EXCHANGE TRADED FUNDS 74347W601 4,333 85,195 SH   DFND   0 0 0
PROSHRE U/S DJ-AIG CRUDE OIL EXCHANGE TRADED FUNDS 74347W668 3,146 104,000 SH   SOLE   0 0 0
PROSHARES ULTRA SILVER EXCHANGE TRADED FUNDS 74347W841 36,398 1,815,380 SH   DFND   0 0 0
ULTRASHORT RUSSELL2000 PROSH EXCHANGE TRADED FUNDS 74348A202 5,559 383,400 SH   SOLE   0 0 0
QUALCOMM INC COMMON STOCK 747525103 1,001 14,862 SH   SOLE   0 0 0
QUALITY SYSTEMS INC. COMMON STOCK 747582104 1,954 89,900 SH   SOLE   0 0 0
QUANTA SERVICES COMMON STOCK 74762E102 4,863 176,767 SH   SOLE   0 0 0
RELIANCE STEEL & ALUMINUM COMMON STOCK 759509102 234 3,200 SH   SOLE   0 0 0
ROCKWELL MEDICAL TECH INC COMMON STOCK 774374102 798 70,000 SH   SOLE   0 0 0
ROCKWOOD HOLDINGS INC. COMMON STOCK 774415103 550 8,225 SH   SOLE   0 0 0
ROMACORP COMMON STOCK 77581P109 9,332 224,388 SH   SOLE   0 0 0
SBA COMMUNICATIONS CORP-CL A COMMON STOCK 78388J106 67,200 835,202 SH   DFND   0 0 0
SPDR TRUST SERIES 1 EXCHANGE TRADED FUNDS 78462F103 840 5,000 SH   SOLE   0 0 0
SPDR LEHMAN HIGH YIELD BOND EXCHANGE TRADED FUNDS 78464A417 2,391 60,000 SH   SOLE   0 0 0
SWS GROUP INC. COMMON STOCK 78503N107 13,023 2,333,786 SH   DFND   0 0 0
SANGAMO BIOSCIENCES INC. COMMON STOCK 800677106 417 39,734 SH   SOLE   0 0 0
SAP AG-SPONSORED ADR COMMON STOCK 803054204 589 7,946 SH   SOLE   0 0 0
SCHLUMBERGER LTD COMMON STOCK 806857108 841 9,519 SH   SOLE   0 0 0
SERVICE CORPORATION INTERNATIONAL COMMON STOCK 817565104 32,586 1,750,059 SH   DFND   0 0 0
SONY CORP-SPONSORED ADR ADR 835699307 19,983 928,600 SH   SOLE   0 0 0
SPIRIT REALTY CAPITAL, INC. (FKA SPIRIT FINANCE CORPORATION) EQUITY 84860W102 88,992 9,694,106 SH   DFND   0 0 0
STAPLES INC. COMMON STOCK 855030102 19,406 1,324,650 SH   DFND   0 0 0
SYMANTEC CORPORATION COMMON STOCK 871503108 34,942 1,411,786 SH   DFND   0 0 0
TEAM FINANCE LLC (A.K.A TEAM HEALTH HOLDINGS, LLC) COMMON STOCK 87817A107 578 15,229 SH   SOLE   0 0 0
TESLA MOTORS INC COMMON STOCK 88160R101 16,920 87,500 SH   SOLE   0 0 0
THERMO FISHER SCIENTIFIC INC. COMMON STOCK 883556102 825 8,949 SH   SOLE   0 0 0
THORATEC CORP. COMMON STOCK 885175307 717 19,241 SH   SOLE   0 0 0
TIME WARNER INC. COMMON STOCK 887317303 340 5,160 SH   SOLE   0 0 0
TORCHMARK CORP. COMMON STOCK 891027104 3,784 52,300 SH   SOLE   0 0 0
TOYOTA MOTOR CORPORATION EQUITY 892331307 980 15,300 SH   SOLE   0 0 0
U.S. BANCORP COMMON STOCK 902973304 744 20,350 SH   SOLE   0 0 0
US SILICA HOLDINGS INC COMMON STOCK 90346E103 996 40,000 SH   SOLE   0 0 0
BIOVAIL CORP COMMON STOCK 91911K102 14,567 139,623 SH   SOLE   0 0 0
VANDA PHARMACEUTICALS INC. COMMON STOCK 921659108 2,408 219,941 SH   SOLE   0 0 0
VENTAS REALTY, LIMITED PARTNERSHIP EQUITY 92276F100 1,230 20,000 SH   SOLE   0 0 0
VISA INC COMMON STOCK 92826C839 497 2,599 SH   SOLE   0 0 0
WATERS CORPORATION COMMON STOCK 941848103 1,062 10,000 SH   SOLE   0 0 0
WELLCARE HEALTH PLANS, INC. COMMON STOCK 94946T106 349 5,000 SH   SOLE   0 0 0
WRIGHT MEDICAL GROUP INC. EQUITY WARRANTS 98235T115 25 69,326 SH   SOLE   0 0 0
XEROX CORPORATION COMMON STOCK 984121103 16,911 1,643,448 SH   DFND   0 0 0
YY INC ADR 98426T106 936 20,000 SH   SOLE   0 0 0
MICHAEL KORS HOLDINGS LTD COMMON STOCK G60754101 9,906 132,930 SH   SOLE   0 0 0
GARMIN LTD. COMMON STOCK H2906T109 1,738 38,450 SH   SOLE   0 0 0
MELLANOX TECHNOLOGIES LTD. COMMON STOCK M51363113 6,176 162,633 SH   SOLE   0 0 0
AERCAP HOLDINGS N.V. COMMON STOCK N00985106 8,589 441,385 SH   SOLE   0 0 0
LYONDELLBASELL INDUSTRIES NV COMMON STOCK N53745100 286 3,900 SH   SOLE   0 0 0
NXP SEMICONDUCTOR NV COMMON STOCK N6596X109 9,243 248,400 SH   SOLE   0 0 0
YANDEX NV COMMON STOCK N97284108 1,093 30,000 SH   SOLE   0 0 0
FLEXTRONICS INTERNATIONAL LTD. COMMON STOCK Y2573F102 9,099 1,001,000 SH   SOLE   0 0 0
STEALTHGAS INC. COMMON STOCK Y81669106 507 55,500 SH   SOLE   0 0 0