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
A. H. BELO CORPORATION CMN SERIES A Common Stock 001282102 115 20,485 SH   SOLE   20,485 0 0
ACCURIDE CORP CMN Common Stock 00439T206 66 17,025 SH   SOLE   17,025 0 0
ACI WORLDWIDE INC CMN Common Stock 004498101 295 12,000 SH   SOLE   12,000 0 0
ADVISORY BRD CO CMN Common Stock 00762W107 219 4,000 SH   SOLE   4,000 0 0
AEP INDUSTRIES INC CMN Common Stock 001031103 2,042 37,000 SH   SOLE   37,000 0 0
AETNA INC CMN Common Stock 00817Y108 637 5,000 SH   SOLE   5,000 0 0
AGILYSYS INC CMN Common Stock 00847J105 207 22,505 SH   SOLE   22,505 0 0
AK STEEL HOLDING CORP CMN Common Stock 001547108 42 10,900 SH   SOLE   10,900 0 0
ALASKA COMMUNICATIONS SYSTEMS GROUP INC. Common Stock 01167P101 720 300,000 SH   SOLE   300,000 0 0
ALLIANCE ONE INTERNATIONAL, IN*C. CMN MLP 018772301 4,276 178,826 SH   SOLE   178,826 0 0
ALLIANCEBERNSTEIN HOLDING LP CMN MLP 01881G106 2,025 68,568 SH   SOLE   68,568 0 0
AMAYA INC. CMN ADR 02314M108 274 10,000 SH   SOLE   10,000 0 0
AMEC FOSTER WHEELER PLC SPONSORED ADR ADR 00167X205 139 10,797 SH   SOLE   10,797 0 0
AMERCO CMN Common Stock 023586100 915 2,800 SH   SOLE   2,800 0 0
AMERICAN CAMPUS CMNTYS, INC CMN Common Stock 024835100 377 10,000 SH   SOLE   10,000 0 0
AMERICAN EXPRESS CO. CMN Common Stock 025816109 1,166 15,000 SH   SOLE   15,000 0 0
AMERICAN INTL GROUP, INC. CMN Common Stock 026874784 6,800 110,000 SH   SOLE   110,000 0 0
AMERICAN TOWER CORPORATION CMN REIT 03027X100 1,866 20,000 SH   SOLE   20,000 0 0
AMPCO PITTSBURG CORP CMN Common Stock 032037103 1,512 100,000 SH   SOLE   100,000 0 0
AON PLC CMN Common Stock G0408V102 598 6,000 SH   SOLE   6,000 0 0
APOGEE ENTERPRISES INC CMN Common Stock 037598109 263 5,000 SH   SOLE   5,000 0 0
APOLLO EDUCATION GROUP, INC CMN CLASS A Common Stock 037604105 209 16,200 SH   SOLE   16,200 0 0
APOLLO GLOBAL MANAGEMENT, LLC CMN CLASS A MLP 037612306 222 10,000 SH   SOLE   10,000 0 0
ARROW ELECTRONICS INC. CMN Common Stock 042735100 558 10,000 SH   SOLE   10,000 0 0
ASPEN AEROGELS, INC. CMN Common Stock 04523Y105 331 50,000 SH   SOLE   50,000 0 0
ASPEN INSURANCE HOLDINGS LTD CMN Common Stock G05384105 1,198 25,000 SH   SOLE   25,000 0 0
ASTA FUNDING INC CMN Common Stock 046220109 2,243 267,695 SH   SOLE   267,695 0 0
ASTROSYSTEMS INC IN LIQUIDTN CMN Common Stock 046465100 0 79,200 SH   SOLE   79,200 0 0
AUTODESK INC CMN Common Stock 052769106 501 10,000 SH   SOLE   10,000 0 0
AVNET INC. CMN Common Stock 053807103 617 15,000 SH   SOLE   15,000 0 0
AXIS CAPITAL HOLDINGS, LTD. CMN Common Stock G0692U109 267 5,000 SH   SOLE   5,000 0 0
BAKER HUGHES INC CMN Common Stock 057224107 617 10,000 SH   SOLE   10,000 0 0
BANK OF AMERICA CORP CMN Common Stock 060505104 12,935 760,000 SH   SOLE   760,000 0 0
BANK OF MARIN BANCORP CMN Common Stock 063425102 257 5,046 SH   SOLE   5,046 0 0
BEASLEY BROADCAST GROUP INC CMN CLASS A Common Stock 074014101 150 32,469 SH   SOLE   32,469 0 0
BEL FUSE INC CL-B CMN CLASS B Common Stock 077347300 303 14,788 SH   SOLE   14,788 0 0
BENCHMARK ELECTRONICS INC CMN Common Stock 08160H101 218 10,000 SH   SOLE   10,000 0 0
BERKSHIRE HATHAWAY INC CL-A (DEL) CLASS A Common Stock 084670108 44,043 215 SH   SOLE   215 0 0
BLYTH, INC. CMN Common Stock 09643P207 1,521 239,600 SH   SOLE   239,600 0 0
BP P.L.C. SPONSORED ADR CMN ADR 055622104 400 10,000 SH   SOLE   10,000 0 0
BROADWIND ENERGY INC. CMN Common Stock 11161T207 585 137,894 SH   SOLE   137,894 0 0
BRUNSWICK CORP. CMN Common Stock 117043109 254 5,000 SH   SOLE   5,000 0 0
C D I CORP CMN Common Stock 125071100 453 34,812 SH   SOLE   34,812 0 0
CAMBREX CORPORATION CMN Common Stock 132011107 439 10,000 SH   SOLE   10,000 0 0
CAMPBELL SOUP CO CMN Common Stock 134429109 477 10,000 SH   SOLE   10,000 0 0
CAMPUS CREST COMMUNITIES, INC. CMN Common Stock 13466Y105 83 15,000 SH   SOLE   15,000 0 0
CAPITAL ONE FINANCIAL CORP CMN Common Stock 14040H105 2,199 25,000 SH   SOLE   25,000 0 0
CAREER EDUCATION CORP CMN Common Stock 141665109 440 133,272 SH   SOLE   133,272 0 0
CARRIAGE SERVICES, INC. CMN Common Stock 143905107 4,312 180,557 SH   SOLE   180,557 0 0
CARROLS RESTAURANT GROUP INC CMN Common Stock 14574X104 2,257 217,000 SH   SOLE   217,000 0 0
CATERPILLAR INC (DELAWARE) CMN Common Stock 149123101 2,545 30,000 SH   SOLE   30,000 0 0
CECO ENVIRONMENTAL CORP CMN Common Stock 125141101 536 47,293 SH   SOLE   47,293 0 0
CENTRAL GARDEN & PET CO CMN Common Stock 153527106 834 78,967 SH   SOLE   78,967 0 0
CENTRAL GARDEN & PET COMPANY CMN CLASS A NON VOTING SHARES Common Stock 153527205 374 32,764 SH   SOLE   32,764 0 0
CENTURY BANCORP INC CL-A NON VTG CLASS A Common Stock 156432106 203 5,000 SH   SOLE   5,000 0 0
CENTURY CASINOS INC CMN Common Stock 156492100 630 100,000 SH   SOLE   100,000 0 0
CENVEO INC CMN Common Stock 15670S105 1,079 509,100 SH   SOLE   509,100 0 0
CF INDUSTRIES HOLDINGS, INC. CMN Common Stock 125269100 643 10,000 SH   SOLE   10,000 0 0
CITIZENS FINANCIAL GROUP INC CMN Common Stock 174610105 3,414 125,000 SH   SOLE   125,000 0 0
CITRIX SYSTEMS INC CMN Common Stock 177376100 561 8,000 SH   SOLE   8,000 0 0
CIVEO CORP CMN Common Stock 178787107 1,090 355,081 SH   SOLE   355,081 0 0
CNINSURE INC SPONSORED ADR CMN ADR 18976M103 2,031 230,000 SH   SOLE   230,000 0 0
CNO FINANCIAL GROUP INC CMN Common Stock 12621E103 5,505 300,000 SH   SOLE   300,000 0 0
COCA-COLA COMPANY (THE) CMN Common Stock 191216100 4,511 115,000 SH   SOLE   115,000 0 0
COGENT COMMUNICATIONS HLDGS CMN Common Stock 19239V302 677 20,000 SH   SOLE   20,000 0 0
COGNIZANT TECHNOLOGY SOLUTIONS CORP CLASS A Common Stock 192446102 2,505 41,000 SH   SOLE   41,000 0 0
COMMUNITY HEALTH SYS INC CMN Common Stock 203668108 882 14,000 SH   SOLE   14,000 0 0
COMPUTER TASK GROUP, INC. CMN Common Stock 205477102 232 30,000 SH   SOLE   30,000 0 0
CONSUMER PORTFOLIO SVCS INC CMN Common Stock 210502100 375 60,000 SH   SOLE   60,000 0 0
CONTINENTAL MATERIALS CORP CMN Common Stock 211615307 404 26,190 SH   SOLE   26,190 0 0
COVISINT CORPORATION CMN Common Stock 22357R103 146 44,713 SH   SOLE   44,713 0 0
COWEN GROUP, INC. CMN Common Stock 223622101 837 130,734 SH   SOLE   130,734 0 0
CROCS, INC. CMN Common Stock 227046109 440 29,887 SH   SOLE   29,887 0 0
CSG SYSTEMS INTL INC CMN Common Stock 126349109 951 30,032 SH   SOLE   30,032 0 0
CULP INC CMN Common Stock 230215105 310 10,000 SH   SOLE   10,000 0 0
CVS HEALTH CORP CMN Common Stock 126650100 5,244 50,000 SH   SOLE   50,000 0 0
DANA HOLDING CORPORATION CMN Common Stock 235825205 617 30,000 SH   SOLE   30,000 0 0
DATALINK CORP CMN Common Stock 237934104 89 10,000 SH   SOLE   10,000 0 0
DELPHI AUTOMOTIVE PLC CMN Common Stock G27823106 255 3,000 SH   SOLE   3,000 0 0
DELTA AIR LINES, INC. CMN Common Stock 247361702 411 10,000 SH   SOLE   10,000 0 0
DELUXE CORP CMN Common Stock 248019101 620 10,000 SH   SOLE   10,000 0 0
DESTINATION MATERNITY CORPORAT*ION CMN Common Stock 25065D100 933 80,000 SH   SOLE   80,000 0 0
DESWELL INDUSTRIES INC CMN Common Stock 250639101 54 30,000 SH   SOLE   30,000 0 0
DGT HLDGS CORP CMN Common Stock 23328R206 360 20,000 SH   SOLE   20,000 0 0
DHT HOLDINGS INC CMN Common Stock Y2065G121 706 90,835 SH   SOLE   90,835 0 0
DIANA SHIPPING INC CMN Common Stock Y2066G104 277 39,239 SH   SOLE   39,239 0 0
DISCOVER FINANCIAL SERVICES CMN Common Stock 254709108 870 15,100 SH   SOLE   15,100 0 0
DOVER DOWNS GAMING & ENTMT INC CMN Common Stock 260095104 231 247,913 SH   SOLE   247,913 0 0
DOVER MOTORSPORTS INC CMN Common Stock 260174107 165 74,663 SH   SOLE   74,663 0 0
DOVER SADDLERY, INC. CMN Common Stock 260412101 322 38,335 SH   SOLE   38,335 0 0
DST SYSTEM INC COMMON STOCK Common Stock 233326107 1,134 9,000 SH   SOLE   9,000 0 0
E*TRADE FINANCIAL CORPORATION CMN Common Stock 269246401 300 10,000 SH   SOLE   10,000 0 0
EASTERN VA BANKSHARES INC CMN Common Stock 277196101 238 37,642 SH   SOLE   37,642 0 0
EBAY INC. CMN Common Stock 278642103 2,469 40,979 SH   SOLE   40,979 0 0
EDCI HLDGS INC CMN Common Stock 268315207 79 174,500 SH   SOLE   174,500 0 0
ELECTRO RENT CORP CMN Common Stock 285218103 155 14,231 SH   SOLE   14,231 0 0
EMPLOYEE SOLUTIONS INC CMN Common Stock 292166105 145 17,800 SH   SOLE   17,800 0 0
ENCORE CAPITAL GROUP INC CMN Common Stock 292554102 256 6,000 SH   SOLE   6,000 0 0
ENDURANCE SPECIALTY HLDGS LTD CMN Common Stock G30397106 1,643 25,000 SH   SOLE   25,000 0 0
ENGLOBAL CORPORATION CMN Common Stock 293306106 214 158,168 SH   SOLE   158,168 0 0
ENTEGRIS, INC. CMN Common Stock 29362U104 146 10,000 SH   SOLE   10,000 0 0
ENTERCOM COMMS. CORP CLASS A COMMON STOCK Common Stock 293639100 114 10,000 SH   SOLE   10,000 0 0
ENTRAVISION COMMUNICATIONS CP CMN CLASS A Common Stock 29382R107 4,123 500,977 SH   SOLE   500,977 0 0
EQUIFAX INC CMN Common Stock 294429105 971 10,000 SH   SOLE   10,000 0 0
ERICKSON INC CMN Common Stock 29482P100 116 26,681 SH   SOLE   26,681 0 0
EVEREST RE GROUP LTD CMN Common Stock G3223R108 910 5,000 SH   SOLE   5,000 0 0
FACEBOOK, INC. CMN CLASS A Common Stock 30303M102 7,436 86,700 SH   SOLE   86,700 0 0
FAIR ISAAC INC CMN Common Stock 303250104 1,816 20,000 SH   SOLE   20,000 0 0
FANNIE MAE COMMON STOCK CMN Common Stock 313586109 93 40,000 SH   SOLE   40,000 0 0
FEDERATED NATL HLDG CO CMN Common Stock 31422T101 605 25,000 SH   SOLE   25,000 0 0
FEMALE HEALTH COMPANY CMN SERIES Common Stock 314462102 282 156,634 SH   SOLE   156,634 0 0
FIESTA RESTAURANT GROUP, INC. CMN Common Stock 31660B101 7,500 150,000 SH   SOLE   150,000 0 0
FIRST CMNTY CORP S C CMN Common Stock 319835104 827 70,000 SH   SOLE   70,000 0 0
FIRST OF LONG ISLAND CORP CMN Common Stock 320734106 291 10,500 SH   SOLE   10,500 0 0
FIRSTMERIT CORP CMN Common Stock 337915102 2,386 114,533 SH   SOLE   114,533 0 0
FIVE STAR QUALITY CARE INC CMN Common Stock 33832D106 848 176,590 SH   SOLE   176,590 0 0
FLAGSTAR BANCORP, INC. CMN Common Stock 337930705 277 15,000 SH   SOLE   15,000 0 0
FLEXSTEEL INDUSTRIES INC CMN Common Stock 339382103 2,370 55,000 SH   SOLE   55,000 0 0
FLUSHING FINANCIAL CORPORATION CMN Common Stock 343873105 231 10,983 SH   SOLE   10,983 0 0
FREDDIE MAC CMN Common Stock 313400301 221 100,000 SH   SOLE   100,000 0 0
FRIEDMAN INDS INC CMN Common Stock 358435105 90 14,449 SH   SOLE   14,449 0 0
FTD COMPANIES, INC. CMN Common Stock 30281V108 1,128 40,000 SH   SOLE   40,000 0 0
FURMANITE CORPORATION CMN Common Stock 361086101 725 89,275 SH   SOLE   89,275 0 0
GANNETT SPINCO INC Common Stock 36473H104 350 25,000 SH   SOLE   25,000 0 0
GANNETT CO.INC. CMN Common Stock 364730101 1,604 50,000 SH   SOLE   50,000 0 0
GENCOR INDUSTRIES INC CMN Common Stock 368678108 588 60,758 SH   SOLE   60,758 0 0
GIBRALTAR INDUSTRIES INC CMN Common Stock 374689107 2,852 140,000 SH   SOLE   140,000 0 0
GLOBAL SOURCES LIMITED CMN ISIN: BMG393001018 Common Stock G39300105 417 60,000 SH   SOLE   60,000 0 0
GOLDMAN SACHS GROUP, INC.(THE) CMN Common Stock 38141G104 4,802 23,000 SH   SOLE   23,000 0 0
GOOGLE INC. CMN CLASS A Common Stock 38259P508 1,350 2,500 SH   SOLE   2,500 0 0
GOOGLE INC. CMN CLASS C Common Stock 38259P706 1,824 3,504 SH   SOLE   3,504 0 0
GORDMANS STORES, INC. CMN Common Stock 38269P100 83 13,601 SH   SOLE   13,601 0 0
GRAND CANYON EDUCATION, INC. CMN Common Stock 38526M106 212 5,000 SH   SOLE   5,000 0 0
GRAPHIC PACKAGING HLDGCO CMN Common Stock 388689101 380 27,286 SH   SOLE   27,286 0 0
GUIDANCE SOFTWARE INC. CMN Common Stock 401692108 341 40,300 SH   SOLE   40,300 0 0
GULF ISLAND FABRICATION INC CMN Common Stock 402307102 427 38,200 SH   SOLE   38,200 0 0
H & R BLOCK INC. CMN Common Stock 093671105 593 20,000 SH   SOLE   20,000 0 0
H&E EQUIPMENT SERVICES INC CMN Common Stock 404030108 399 20,000 SH   SOLE   20,000 0 0
HALLIBURTON COMPANY CMN Common Stock 406216101 2,283 53,000 SH   SOLE   53,000 0 0
HANMI FINANCIAL CORPORATION CMN Common Stock 410495204 1,863 75,000 SH   SOLE   75,000 0 0
HARDINGE INC. COMMON STOCK Common Stock 412324303 690 70,000 SH   SOLE   70,000 0 0
HAWTHORN BANCSHARES INC CMN Common Stock 420476103 415 28,987 SH   SOLE   28,987 0 0
HCA HOLDINGS, INC. CMN Common Stock 40412C101 6,804 75,000 SH   SOLE   75,000 0 0
HEALTH NET, INC. CMN Common Stock 42222G108 2,565 40,000 SH   SOLE   40,000 0 0
HERTZ GLOBAL HOLDINGS, INC. CMN Common Stock 42805T105 272 15,000 SH   SOLE   15,000 0 0
HIGHER ONE HOLDINGS, INC. CMN Common Stock 42983D104 2,542 850,000 SH   SOLE   850,000 0 0
HOLLYFRONTIER CORP CMN Common Stock 436106108 863 20,214 SH   SOLE   20,214 0 0
HOLLYWOOD MEDIA CORP. CMN Common Stock 436233100 161 229,449 SH   SOLE   229,449 0 0
HOOPER HOLMES INC CMN Common Stock 439104100 114 596,395 SH   SOLE   596,395 0 0
HORACE MANN EDUCATORS CORP CMN Common Stock 440327104 364 10,000 SH   SOLE   10,000 0 0
HORMEL FOODS CORP CMN Common Stock 440452100 564 10,000 SH   SOLE   10,000 0 0
HRG GROUP INC CMN Common Stock 40434J100 2,600 200,000 SH   SOLE   200,000 0 0
HUBBELL INCORPORATED CLASS B CMN CLASS B Common Stock 443510201 487 4,500 SH   SOLE   4,500 0 0
HUDSON GLOBAL, INC. CMN Common Stock 443787106 34 15,000 SH   SOLE   15,000 0 0
HUNTINGTON BANCSHARES INCORPOR*ATED CMN Common Stock 446150104 1,613 142,600 SH   SOLE   142,600 0 0
HUTTIG BUILDING PRODUCTS INC CMN Common Stock 448451104 1,778 566,276 SH   SOLE   566,276 0 0
INDEPENDENCE HOLDING COMPANY (NEW) Common Stock 453440307 198 15,000 SH   SOLE   15,000 0 0
INDEPENDENT BANK CORP MASS CMN Common Stock 453836108 1,407 30,000 SH   SOLE   30,000 0 0
INFUSYSTEM HOLDINGS, INC. CMN Common Stock 45685K102 3,216 1,008,255 SH   SOLE   1,008,255 0 0
INSTEEL INDUSTRIES INC CMN Common Stock 45774W108 187 10,000 SH   SOLE   10,000 0 0
INTEGRATED ELECTRICAL SVC INC CMN Common Stock 45811E301 213 30,000 SH   SOLE   30,000 0 0
INTERTAPE POLYMER GROUP INC CMN Common Stock 460919103 1,049 69,980 SH   SOLE   69,980 0 0
INVESTORS TITLE CO CMN Common Stock 461804106 284 4,000 SH   SOLE   4,000 0 0
ISHARES CORE S&P 500 ETF CMN ETP 464287200 10,361 50,000 SH   SOLE   50,000 0 0
JARDEN CORPORATION CMN Common Stock 471109108 233 4,500 SH   SOLE   4,500 0 0
JONES LANG LASALLE INC CMN Common Stock 48020Q107 1,283 7,500 SH   SOLE   7,500 0 0
JPMORGAN CHASE & CO CMN Common Stock 46625H100 3,456 51,000 SH   SOLE   51,000 0 0
JPS INDUSTRIES, INC. CMN Common Stock 46624E405 2,203 202,103 SH   SOLE   202,103 0 0
KELLY SERVICES INC(CL-A) CMN CLASS A Common Stock 488152208 1,017 66,280 SH   SOLE   66,280 0 0
KRAFT FOODS GROUP, INC. CMN Common Stock 50076Q106 1,703 20,000 SH   SOLE   20,000 0 0
KROGER COMPANY CMN Common Stock 501044101 1,088 15,000 SH   SOLE   15,000 0 0
LAKE SUNAPEE BK GROUP CMN Common Stock 510866106 2,652 183,765 SH   SOLE   183,765 0 0
LANDAUER INC CMN Common Stock 51476K103 713 19,998 SH   SOLE   19,998 0 0
LANNETT COMPANY, INC. CMN Common Stock 516012101 2,378 40,000 SH   SOLE   40,000 0 0
LEAR CORPORATION CMN Common Stock 521865204 1,295 11,537 SH   SOLE   11,537 0 0
LEE ENTERPRISES INC CMN Common Stock 523768109 33 10,000 SH   SOLE   10,000 0 0
LEVEL 3 COMMUNICATIONS INC CMN Common Stock 52729N308 527 10,000 SH   SOLE   10,000 0 0
LIBBEY INC. CMN Common Stock 529898108 413 10,000 SH   SOLE   10,000 0 0
LINCOLN EDL SERVICES CORP CMN Common Stock 533535100 631 312,143 SH   SOLE   312,143 0 0
LIQUIDITY SERVICES INC CMN Common Stock 53635B107 121 12,600 SH   SOLE   12,600 0 0
LKQ CORPORATION CMN Common Stock 501889208 3,025 100,000 SH   SOLE   100,000 0 0
LSI INDUSTRIES INC CMN Common Stock 50216C108 413 44,231 SH   SOLE   44,231 0 0
LUCAS ENERGY, INC. CMN Common Stock 549333201 96 682,280 SH   SOLE   682,280 0 0
LYONDELLBASELL INDUSTRIES N.V. CMN CLASS A Common Stock N53745100 2,070 20,000 SH   SOLE   20,000 0 0
MANPOWER GROUP CMN Common Stock 56418H100 268 3,000 SH   SOLE   3,000 0 0
MARCHEX INC CMN CLASS B Common Stock 56624R108 629 127,100 SH   SOLE   127,100 0 0
MARSH & MCLENNAN CO INC CMN Common Stock 571748102 1,134 20,000 SH   SOLE   20,000 0 0
MASTERCARD INCORPORATED CMN CLASS A Common Stock 57636Q104 6,637 71,000 SH   SOLE   71,000 0 0
MCGRAW-HILL COMPANIES INC CMN Common Stock 580645109 5,023 50,000 SH   SOLE   50,000 0 0
MCKESSON CORPORATION CMN Common Stock 58155Q103 337 1,500 SH   SOLE   1,500 0 0
MDU RESOURCES GROUP INC CMN Common Stock 552690109 488 25,000 SH   SOLE   25,000 0 0
MEDNAX INC CMN Common Stock 58502B106 534 7,200 SH   SOLE   7,200 0 0
MENS WEARHOUSE INC (THE) CMN Common Stock 587118100 5,766 90,000 SH   SOLE   90,000 0 0
MFRI INC CMN Common Stock 552721102 74 12,226 SH   SOLE   12,226 0 0
MICROSOFT CORPORATION CMN Common Stock 594918104 298 6,760 SH   SOLE   6,760 0 0
MICROSTRATEGY INCORPORATED CMN CLASS A Common Stock 594972408 425 2,500 SH   SOLE   2,500 0 0
MILLENNIAL MEDIA, INC. CMN Common Stock 60040N105 302 186,593 SH   SOLE   186,593 0 0
MITCHAM INDS INC CMN Common Stock 606501104 667 159,192 SH   SOLE   159,192 0 0
MONDELEZ INTERNATIONAL, INC. CMN Common Stock 609207105 2,468 60,000 SH   SOLE   60,000 0 0
MONSTER WORLDWIDE INC. CMN Common Stock 611742107 4,558 696,900 SH   SOLE   696,900 0 0
MORGAN STANLEY CMN Common Stock 617446448 24,244 625,000 SH   SOLE   625,000 0 0
MOVADO GROUP INC CMN Common Stock 624580106 272 10,000 SH   SOLE   10,000 0 0
MSCI INC. CMN Common Stock 55354G100 1,231 20,000 SH   SOLE   20,000 0 0
MUELLER WATER PRODUCTS, INC. CMN SERIES A Common Stock 624758108 1,236 135,855 SH   SOLE   135,855 0 0
NASDAQ OMX GROUP, INC. CMN Common Stock 631103108 488 10,000 SH   SOLE   10,000 0 0
NATHANS FAMOUS INC CMN Common Stock 632347100 259 7,000 SH   SOLE   7,000 0 0
NATL WESTN LIFE INS CO CL-A CMN CLASS A Common Stock 638522102 359 1,500 SH   SOLE   1,500 0 0
NCI BUILDING SYSTEMS, INC. CMN Common Stock 628852204 754 50,000 SH   SOLE   50,000 0 0
NESTLE SA SPONSORED ADR (REP 1/20 CHF 10 REGD SHS) ADR 641069406 542 7,500 SH   SOLE   7,500 0 0
NEW YORK & COMPANY, INC. CMN Common Stock 649295102 106 39,734 SH   SOLE   39,734 0 0
NICHOLAS FINANCIAL, INC. CMN Common Stock 65373J209 382 30,000 SH   SOLE   30,000 0 0
NN INC CMN Common Stock 629337106 255 10,000 SH   SOLE   10,000 0 0
NORANDA ALUMINUM HOLDING CORP CMN Common Stock 65542W107 9 10,000 SH   SOLE   10,000 0 0
NORTHERN TRUST CORP CMN Common Stock 665859104 528 6,900 SH   SOLE   6,900 0 0
NUANCE COMMUNICATIONS, INC. CMN MLP 67020Y100 487 27,805 SH   SOLE   27,805 0 0
OAKTREE CAPITAL GROUP, LLC CMN MLP 674001201 532 10,000 SH   SOLE   10,000 0 0
OMNICOM GROUP CMN Common Stock 681919106 695 10,000 SH   SOLE   10,000 0 0
OPTICAL CABLE CORP CMN Common Stock 683827208 112 32,496 SH   SOLE   32,496 0 0
OWENS RLTY MORTGAGE INC CMN Common Stock 690828108 451 30,000 SH   SOLE   30,000 0 0
PAPA JOHN'S INTERNATIONAL INC. CMN Common Stock 698813102 302 4,000 SH   SOLE   4,000 0 0
PAR TECHNOLOGY CORP CMN Common Stock 698884103 347 70,685 SH   SOLE   70,685 0 0
PARKWAY PROPERTIES INC MD CMN REIT 70159Q104 1,000 57,330 SH   SOLE   57,330 0 0
PARTNERRE LTD BERMUDA CMN Common Stock G6852T105 4,266 33,200 SH   SOLE   33,200 0 0
PATTERSON-UTI ENERGY, INC. ORD CMN Common Stock 703481101 753 40,000 SH   SOLE   40,000 0 0
PENTAIR PLC. CMN Common Stock H6169Q108 413 6,000 SH   SOLE   6,000 0 0
PEP BOYS MANNY-MOE &JACK CMN Common Stock 713278109 197 16,048 SH   SOLE   16,048 0 0
PEPSICO INC CMN Common Stock 713448108 19,601 210,000 SH   SOLE   210,000 0 0
PERCEPTRON INC CMN Common Stock 71361F100 804 76,103 SH   SOLE   76,103 0 0
PERFECT WORLD CO., LTD. SPONSORED ADR CMN ADR 71372U104 1,088 54,900 SH   SOLE   54,900 0 0
PERFORMANT FINANCIAL CORP CMN ADR 71377E105 486 150,000 SH   SOLE   150,000 0 0
PGT INC CMN Common Stock 69336V101 943 65,000 SH   SOLE   65,000 0 0
PHH CORPORATION CMN Common Stock 693320202 3,905 150,000 SH   SOLE   150,000 0 0
PHILIP MORRIS INTL INC CMN Common Stock 718172109 481 6,000 SH   SOLE   6,000 0 0
PHILLIPS 66 CMN Common Stock 718546104 4,028 50,000 SH   SOLE   50,000 0 0
PHOENIX COMPANIES INC. (THE) CMN Common Stock 71902E604 927 50,800 SH   SOLE   50,800 0 0
PLANET PAYMENT INC CMN Common Stock U72603118 183 75,714 SH   SOLE   75,714 0 0
PNC FINANCIAL SERVICES GROUP CMN Common Stock 693475105 1,435 15,000 SH   SOLE   15,000 0 0
PPG INDUSTRIES, INC. CMN Common Stock 693506107 2,524 22,000 SH   SOLE   22,000 0 0
PRGX GLOBAL INC CMN CLASS Common Stock 69357C503 1,010 230,000 SH   SOLE   230,000 0 0
PRICESMART INC CMN Common Stock 741511109 228 2,500 SH   SOLE   2,500 0 0
PRIMEENERGY CORP CMN Common Stock 74158E104 309 5,615 SH   SOLE   5,615 0 0
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