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
ABBOTT LABS COM 002824100 8,609 224,600 SH   DFND 1 0 224,600 0
ABBOTT LABS COM 002824100 27,448 716,100 SH   SOLE 2, 3 716,100 0 0
AFLAC INC COM 001055102 2,411 36,100 SH   DFND 1 0 36,100 0
AFLAC INC COM 001055102 7,101 106,300 SH   SOLE 2 106,300 0 0
ALLIANT TECHSYSTEMS INC COM 018804104 1,436 11,800 SH   DFND 1 0 11,800 0
ALLIANT TECHSYSTEMS INC COM 018804104 3,444 28,300 SH   SOLE 2, 3 28,300 0 0
ALLIANT TECHSYSTEMS INC NOTE 3.000% 8/1 018804AK0 840 525,000 PRN   DFND 1 0 525,000 0
ALLIANT TECHSYSTEMS INC NOTE 3.000% 8/1 018804AK0 6,603 4,125,000 PRN   SOLE 3 4,125,000 0 0
AMERICAN INTL GROUP INC COM NEW 026874784 3,231 63,300 SH   DFND 1 0 63,300 0
AMERICAN INTL GROUP INC COM NEW 026874784 10,654 208,700 SH   SOLE 2, 3 208,700 0 0
AMERISAFE INC COM 03071H100 1,584 37,500 SH   SOLE   37,500 0 0
ARCH CAP GROUP LTD ORD G0450A105 11,924 199,773 SH   SOLE   199,773 0 0
ARCHER DANIELS MIDLAND CO NOTE 0.875% 2/1 039483AW2 3,280 3,100,000 PRN   DFND 1 0 3,100,000 0
ARCHER DANIELS MIDLAND CO NOTE 0.875% 2/1 039483AW2 13,650 12,900,000 PRN   SOLE 2, 3 12,900,000 0 0
ASPEN INSURANCE HOLDINGS LTD SHS g05384105 6,015 145,600 SH   DFND 1 0 145,600 0
ASPEN INSURANCE HOLDINGS LTD SHS g05384105 28,364 686,603 SH   SOLE 2, 3 686,603 0 0
AURICO GOLD INC COM 05155C105 445 121,591 SH   DFND 1 0 121,591 0
AURICO GOLD INC COM 05155C105 1,510 412,514 SH   SOLE 2, 3 412,514 0 0
AUTOMATIC DATA PROCESSING IN COM 053015103 9,350 115,700 SH   DFND 1 0 115,700 0
AUTOMATIC DATA PROCESSING IN COM 053015103 33,665 416,600 SH   SOLE 2, 3 416,600 0 0
AUXILIUM PHARMACEUTICALS INC NOTE 1.500% 7/1 05334DAA5 525 475,000 PRN   DFND 1 0 475,000 0
AUXILIUM PHARMACEUTICALS INC NOTE 1.500% 7/1 05334DAA5 1,687 1,525,000 PRN   SOLE 2, 3 1,525,000 0 0
AUXILIUM PHARMACEUTICALS INC COM 05334D107 460 22,200 SH   SOLE 3 22,200 0 0
AXIS CAPITAL HOLDINGS LTD SHS G0692U109 2,084 43,800 SH   DFND 1 0 43,800 0
AXIS CAPITAL HOLDINGS LTD SHS G0692U109 15,042 316,200 SH   SOLE 2, 3 316,200 0 0
BARRICK GOLD CORP COM 067901108 1,409 79,900 SH   DFND 1 0 79,900 0
BARRICK GOLD CORP COM 067901108 5,932 336,500 SH   SOLE 2, 3 336,500 0 0
BEAM INC COM 073730103 6,262 92,000 SH   DFND 1 0 92,000 0
BEAM INC COM 073730103 17,907 263,100 SH   SOLE 2, 3 263,100 0 0
BERKLEY W R CORP COM 084423102 1,224 28,200 SH   DFND 1 0 28,200 0
BERKLEY W R CORP COM 084423102 3,124 72,000 SH   SOLE 2, 3 72,000 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 9,864 83,200 SH   DFND 1 0 83,200 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 58,924 497,000 SH   SOLE 2, 3 497,000 0 0
BRIGGS & STRATTON CORP COM 109043109 250 11,500 SH   DFND 1 0 11,500 0
BRIGGS & STRATTON CORP COM 109043109 838 38,500 SH   SOLE 2, 3 38,500 0 0
BROADRIDGE FINL SOLUTIONS IN COM 11133t103 794 20,100 SH   SOLE   20,100 0 0
BSB BANCORP INC MD COM 05573H108 483 32,000 SH   SOLE 3 32,000 0 0
CABLEVISION SYS CORP CL A NY CABLVS 12686C109 3,371 188,000 SH   DFND 1 0 188,000 0
CABLEVISION SYS CORP CL A NY CABLVS 12686C109 10,783 601,400 SH   SOLE 2, 3 601,400 0 0
CADENCE DESIGN SYSTEM INC COM 127387108 1,291 92,100 SH   SOLE 3 92,100 0 0
CAMPBELL SOUP CO COM 134429109 4,228 97,700 SH   DFND 1 0 97,700 0
CAMPBELL SOUP CO COM 134429109 12,196 281,800 SH   SOLE 2, 3 281,800 0 0
CAPE BANCORP INC COM 139209100 359 35,300 SH   SOLE 3 35,300 0 0
CAPITAL BK FINL CORP CL A COM 139794101 821 36,100 SH   SOLE 3 36,100 0 0
CELADON GROUP INC COM 150838100 1,106 56,800 SH   DFND 1 0 56,800 0
CELADON GROUP INC COM 150838100 5,022 257,800 SH   SOLE 2, 3 257,800 0 0
CENTRAL PAC FINL CORP COM NEW 154760409 1,357 67,600 SH   DFND 1 0 67,600 0
CENTRAL PAC FINL CORP COM NEW 154760409 3,616 180,100 SH   SOLE 2, 3 180,100 0 0
CHEMED CORP NEW NOTE 1.875% 5/1 16359RAC7 2,071 2,000,000 PRN   DFND 1 0 2,000,000 0
CHEMED CORP NEW NOTE 1.875% 5/1 16359RAC7 6,214 6,000,000 PRN   SOLE 2, 3 6,000,000 0 0
CHICOPEE BANCORP INC COM 168565109 1,455 83,571 SH   SOLE 3 83,571 0 0
CHIQUITA BRANDS INTL INC NOTE 4.250% 8/1 170032AT3 1,067 1,100,000 PRN   DFND 1 0 1,100,000 0
CHIQUITA BRANDS INTL INC NOTE 4.250% 8/1 170032AT3 4,268 4,400,000 PRN   SOLE 2, 3 4,400,000 0 0
CHUBB CORP COM 171232101 28,072 290,509 SH   SOLE 3 290,509 0 0
CHURCH & DWIGHT INC COM 171340102 2,631 39,700 SH   DFND 1 0 39,700 0
CHURCH & DWIGHT INC COM 171340102 11,297 170,442 SH   SOLE 2, 3 170,442 0 0
CIRCOR INTL INC COM 17273k109 1,280 15,840 SH   SOLE 3 15,840 0 0
CITIGROUP INC COM NEW 172967424 3,392 65,090 SH   DFND 1 0 65,090 0
CITIGROUP INC COM NEW 172967424 17,065 327,489 SH   SOLE 2, 3 327,489 0 0
CITY NATL CORP COM 178566105 1,069 13,500 SH   DFND 1 0 13,500 0
CITY NATL CORP COM 178566105 3,145 39,700 SH   SOLE 2, 3 39,700 0 0
CLIFTON SVGS BANCORP INC COM 18712Q103 648 50,600 SH   SOLE 3 50,600 0 0
CNA FINL CORP COM 126117100 4,358 101,600 SH   DFND 1 0 101,600 0
CNA FINL CORP COM 126117100 25,648 598,000 SH   SOLE 2, 3 598,000 0 0
COCA COLA CO COM 191216100 6,461 156,400 SH   DFND 1 0 156,400 0
COCA COLA CO COM 191216100 15,367 372,000 SH   SOLE 2, 3 372,000 0 0
COCA COLA ENTERPRISES INC NE COM 19122T109 1,465 33,200 SH   DFND 1 0 33,200 0
COCA COLA ENTERPRISES INC NE COM 19122T109 5,984 135,600 SH   SOLE 2, 3 135,600 0 0
COMTECH TELECOMMUNICATIONS C COM NEW 205826209 205 6,500 SH   DFND 1 0 6,500 0
COMTECH TELECOMMUNICATIONS C COM NEW 205826209 589 18,700 SH   SOLE 2, 3 18,700 0 0
COMTECH TELECOMMUNICATIONS C NOTE 3.000% 5/0 205826AF7 2,523 2,400,000 PRN   DFND 1 0 2,400,000 0
COMTECH TELECOMMUNICATIONS C NOTE 3.000% 5/0 205826AF7 9,829 9,350,000 PRN   SOLE 2, 3 9,350,000 0 0
CONOCOPHILLIPS COM 20825C104 7,008 99,200 SH   DFND 1 0 99,200 0
CONOCOPHILLIPS COM 20825C104 22,968 325,100 SH   SOLE 2, 3 325,100 0 0
CORNING INC COM 219350105 7,160 401,800 SH   DFND 1 0 401,800 0
CORNING INC COM 219350105 23,098 1,296,200 SH   SOLE 2, 3 1,296,200 0 0
CU BANCORP CALIF COM 126534106 717 41,000 SH   SOLE 3 41,000 0 0
CURTISS WRIGHT CORP COM 231561101 3,933 63,200 SH   DFND 1 0 63,200 0
CURTISS WRIGHT CORP COM 231561101 12,857 206,600 SH   SOLE 2, 3 206,600 0 0
DELTIC TIMBER CORP COM 247850100 1,549 22,800 SH   SOLE 3 22,800 0 0
DENNYS CORP COM 24869P104 1,560 217,000 SH   SOLE 3 217,000 0 0
DIAMONDROCK HOSPITALITY CO COM 252784301 578 50,000 SH   SOLE   50,000 0 0
DOMTAR CORP COM NEW 257559203 10,877 115,300 SH   DFND 1 0 115,300 0
DOMTAR CORP COM NEW 257559203 37,312 395,507 SH   SOLE 2, 3 395,507 0 0
DONEGAL GROUP INC CL A 257701201 819 51,500 SH   DFND 1 0 51,500 0
DONEGAL GROUP INC CL A 257701201 2,569 161,600 SH   SOLE 2, 3 161,600 0 0
DREAMWORKS ANIMATION SKG INC CL A 26153C103 2,421 68,200 SH   DFND 1 0 68,200 0
DREAMWORKS ANIMATION SKG INC CL A 26153C103 8,151 229,600 SH   SOLE 2, 3 229,600 0 0
DU PONT E I DE NEMOURS & CO COM 263534109 8,375 128,900 SH   DFND 1 0 128,900 0
DU PONT E I DE NEMOURS & CO COM 263534109 21,583 332,200 SH   SOLE 2, 3 332,200 0 0
EBAY INC COM 278642103 1,707 31,100 SH   DFND 1 0 31,100 0
EBAY INC COM 278642103 5,423 98,800 SH   SOLE 2 98,800 0 0
E M C CORP MASS COM 268648102 2,269 90,200 SH   DFND 1 0 90,200 0
E M C CORP MASS COM 268648102 5,991 238,200 SH   SOLE 2, 3 238,200 0 0
EMPIRE DIST ELEC CO COM 291641108 976 43,000 SH   DFND 1 0 43,000 0
EMPIRE DIST ELEC CO COM 291641108 3,617 159,400 SH   SOLE 2, 3 159,400 0 0
ENDURANCE SPECIALTY HLDGS LT SHS G30397106 11,640 198,400 SH   SOLE 3 198,400 0 0
ENERGIZER HLDGS INC COM 29266R108 2,814 26,000 SH   DFND 1 0 26,000 0
ENERGIZER HLDGS INC COM 29266R108 9,081 83,900 SH   SOLE 2, 3 83,900 0 0
FIFTH THIRD BANCORP COM 316773100 1,039 49,400 SH   DFND 1 0 49,400 0
FIFTH THIRD BANCORP COM 316773100 4,664 221,800 SH   SOLE 2, 3 221,800 0 0
FIRST AMERN FINL CORP COM 31847r102 1,650 58,500 SH   DFND 1 0 58,500 0
FIRST AMERN FINL CORP COM 31847r102 5,496 194,900 SH   SOLE 2, 3 194,900 0 0
FIRST DEFIANCE FINL CORP COM 32006W106 1,143 44,000 SH   SOLE 3 44,000 0 0
FIRST INTERNET BANCORP COM 320557101 563 25,000 SH   SOLE   25,000 0 0
FIRST SEC GROUP INC COM NEW 336312202 1,380 600,000 SH   SOLE   600,000 0 0
FIRSTENERGY CORP COM 337932107 5,623 170,500 SH   DFND 1 0 170,500 0
FIRSTENERGY CORP COM 337932107 19,907 603,601 SH   SOLE 2, 3 603,601 0 0
FORESTAR GROUP INC COM 346233109 3,948 185,600 SH   DFND 1 0 185,600 0
FORESTAR GROUP INC COM 346233109 13,466 633,100 SH   SOLE 2, 3 633,100 0 0
FORESTAR GROUP INC NOTE 3.750% 3/0 346232ab7 1,815 1,575,000 PRN   DFND 1 0 1,575,000 0
FORESTAR GROUP INC NOTE 3.750% 3/0 346232ab7 5,935 5,150,000 PRN   SOLE 2, 3 5,150,000 0 0
FORTUNE BRANDS HOME & SEC IN COM 34964C106 315 6,900 SH   DFND 1 0 6,900 0
FORTUNE BRANDS HOME & SEC IN COM 34964C106 987 21,600 SH   SOLE 2, 3 21,600 0 0
FOX CHASE BANCORP INC NEW COM 35137t108 268 15,400 SH   DFND 1 0 15,400 0
FOX CHASE BANCORP INC NEW COM 35137t108 2,078 119,555 SH   SOLE 2, 3 119,555 0 0
FRANKLIN RES INC COM 354613101 4,145 71,800 SH   DFND 1 0 71,800 0
FRANKLIN RES INC COM 354613101 23,381 405,007 SH   SOLE 2, 3 405,007 0 0
FULLER H B CO COM 359694106 1,452 27,900 SH   DFND 1 0 27,900 0
FULLER H B CO COM 359694106 4,616 88,700 SH   SOLE 2, 3 88,700 0 0
GALLAGHER ARTHUR J & CO COM 363576109 4,341 92,500 SH   SOLE 3 92,500 0 0
GENERAL MLS INC COM 370334104 1,887 37,800 SH   DFND 1 0 37,800 0
GENERAL MLS INC COM 370334104 5,595 112,100 SH   SOLE 2 112,100 0 0
GENTEX CORP COM 371901109 887 26,900 SH   SOLE 3 26,900 0 0
GLOBAL CASH ACCESS HLDGS INC COM 378967103 1,147 114,800 SH   SOLE 3 114,800 0 0
GOLD FIELDS LTD NEW SPONSORED ADR 38059T106 2,052 641,100 SH   DFND 1 0 641,100 0
GOLD FIELDS LTD NEW SPONSORED ADR 38059T106 7,713 2,410,200 SH   SOLE 2, 3 2,410,200 0 0
HAEMONETICS CORP COM 405024100 598 14,200 SH   SOLE 3 14,200 0 0
HARRIS TEETER SUPERMARKETS I COM 414585109 790 16,000 SH   SOLE 3 16,000 0 0
HESS CORP COM 42809H107 14,724 177,400 SH   DFND 1 0 177,400 0
HESS CORP COM 42809H107 54,241 653,500 SH   SOLE 2, 3 653,500 0 0
HILLSHIRE BRANDS CO COM 432589109 3,818 114,180 SH   DFND 1 0 114,180 0
HILLSHIRE BRANDS CO COM 432589109 15,083 451,060 SH   SOLE 2, 3 451,060 0 0
HOLOGIC INC FRNT 2.000%12/1 436440AB7 1,865 1,600,000 PRN   DFND 1 0 1,600,000 0
HOLOGIC INC FRNT 2.000%12/1 436440AB7 7,460 6,400,000 PRN   SOLE 2, 3 6,400,000 0 0
HOME DEPOT INC COM 437076102 2,223 27,000 SH   DFND 1 0 27,000 0
HOME DEPOT INC COM 437076102 9,741 118,300 SH   SOLE 2, 3 118,300 0 0
HOMETRUST BANCSHARES INC COM 437872104 3,441 215,200 SH   SOLE 3 215,200 0 0
HORSEHEAD HLDG CORP NOTE 3.800% 7/0 440694AB3 635 500,000 PRN   DFND 1 0 500,000 0
HORSEHEAD HLDG CORP NOTE 3.800% 7/0 440694AB3 2,539 2,000,000 PRN   SOLE 2, 3 2,000,000 0 0
HOSPIRA INC COM 441060100 2,188 53,000 SH   DFND 1 0 53,000 0
HOSPIRA INC COM 441060100 7,117 172,400 SH   SOLE 2, 3 172,400 0 0
HOWARD HUGHES CORP COM 44267d107 685 5,700 SH   SOLE 3 5,700 0 0
HYATT HOTELS CORP COM 448579102 1,800 36,400 SH   DFND 1 0 36,400 0
HYATT HOTELS CORP COM 448579102 8,451 170,865 SH   SOLE 2, 3 170,865 0 0
ILLINOIS TOOL WKS INC COM 452308109 3,657 43,500 SH   DFND 1 0 43,500 0
ILLINOIS TOOL WKS INC COM 452308109 5,474 65,100 SH   SOLE 2 65,100 0 0
INFINITY PPTY & CAS CORP COM 45665Q103 6,532 91,037 SH   SOLE 3 91,037 0 0
INTERCONTINENTALEXCHANGE GRO COM 45866f104 697 3,100 SH   DFND 1 0 3,100 0
INTERCONTINENTALEXCHANGE GRO COM 45866f104 3,441 15,300 SH   SOLE 2, 3 15,300 0 0
INTEROIL CORP NOTE 2.750%11/1 460951AC0 758 825,000 PRN   DFND 1 0 825,000 0
INTEROIL CORP NOTE 2.750%11/1 460951AC0 2,917 3,175,000 PRN   SOLE 2, 3 3,175,000 0 0
INVACARE CORP COM 461203101 852 36,700 SH   DFND 1 0 36,700 0
INVACARE CORP COM 461203101 5,402 232,727 SH   SOLE 2, 3 232,727 0 0
INVESCO LTD SHS G491BT108 6,177 169,700 SH   DFND 1 0 169,700 0
INVESCO LTD SHS G491BT108 22,750 625,000 SH   SOLE 2, 3 625,000 0 0
J & J SNACK FOODS CORP COM 466032109 2,755 31,100 SH   SOLE 3 31,100 0 0
JACK IN THE BOX INC COM 466367109 930 18,600 SH   SOLE 3 18,600 0 0
JANUS CAP GROUP INC NOTE 0.750% 7/1 47102XAH8 2,296 1,806,000 PRN   DFND 1 0 1,806,000 0
JANUS CAP GROUP INC NOTE 0.750% 7/1 47102XAH8 9,231 7,261,000 PRN   SOLE 2, 3 7,261,000 0 0
JOHNSON & JOHNSON COM 478160104 10,249 111,900 SH   DFND 1 0 111,900 0
JOHNSON & JOHNSON COM 478160104 30,829 336,600 SH   SOLE 2, 3 336,600 0 0
JPMORGAN CHASE & CO COM 46625H100 4,544 77,700 SH   DFND 1 0 77,700 0
JPMORGAN CHASE & CO COM 46625H100 19,953 341,200 SH   SOLE 2 341,200 0 0
KINROSS GOLD CORP COM NO PAR 496902404 683 156,000 SH   DFND 1 0 156,000 0
KINROSS GOLD CORP COM NO PAR 496902404 2,564 585,400 SH   SOLE 2, 3 585,400 0 0
L-3 COMMUNICATIONS CORP DEBT 3.000% 8/0 502413AW7 1,505 1,250,000 PRN   DFND 1 0 1,250,000 0
L-3 COMMUNICATIONS CORP DEBT 3.000% 8/0 502413AW7 5,721 4,750,000 PRN   SOLE 2, 3 4,750,000 0 0
LANCASTER COLONY CORP COM 513847103 3,367 38,200 SH   DFND 1 0 38,200 0
LANCASTER COLONY CORP COM 513847103 9,547 108,300 SH   SOLE 2, 3 108,300 0 0
LANDSTAR SYS INC COM 515098101 2,298 40,000 SH   SOLE 3 40,000 0 0
LEGG MASON INC COM 524901105 6,965 160,200 SH   DFND 1 0 160,200 0
LEGG MASON INC COM 524901105 30,862 709,800 SH   SOLE 2, 3 709,800 0 0
LEUCADIA NATL CORP COM 527288104 2,369 83,600 SH   DFND 1 0 83,600 0
LEUCADIA NATL CORP COM 527288104 18,145 640,262 SH   SOLE 2, 3 640,262 0 0
LOCKHEED MARTIN CORP COM 539830109 1,546 10,400 SH   DFND 1 0 10,400 0
LOCKHEED MARTIN CORP COM 539830109 6,645 44,700 SH   SOLE 2 44,700 0 0
LOEWS CORP COM 540424108 8,172 169,400 SH   DFND 1 0 169,400 0
LOEWS CORP COM 540424108 27,709 574,400 SH   SOLE 2, 3 574,400 0 0
MARKET VECTORS ETF TR GOLD MINER ETF 57060U100 570 27,000 SH   SOLE   27,000 0 0
MARSH & MCLENNAN COS INC COM 571748102 2,258 46,700 SH   DFND 1 0 46,700 0
MARSH & MCLENNAN COS INC COM 571748102 10,663 220,500 SH   SOLE 2 220,500 0 0
MATTHEWS INTL CORP CL A 577128101 835 19,600 SH   DFND 1 0 19,600 0
MATTHEWS INTL CORP CL A 577128101 1,917 45,000 SH   SOLE 2, 3 45,000 0 0
MAXIM INTEGRATED PRODS INC COM 57772K101 2,286 81,900 SH   DFND 1 0 81,900 0
MAXIM INTEGRATED PRODS INC COM 57772K101 5,403 193,600 SH   SOLE 2, 3 193,600 0 0
MERCK & CO INC NEW COM 58933Y105 9,504 189,900 SH   DFND 1 0 189,900 0
MERCK & CO INC NEW COM 58933Y105 25,448 508,448 SH   SOLE 2, 3 508,448 0 0
MERCURY GENL CORP NEW COM 589400100 447 9,000 SH   SOLE   9,000 0 0
METLIFE INC COM 59156R108 2,124 39,400 SH   DFND 1 0 39,400 0
METLIFE INC COM 59156R108 10,679 198,051 SH   SOLE 2, 3 198,051 0 0
METRO BANCORP INC PA COM 59161r101 682 31,680 SH   SOLE 3 31,680 0 0
MICROSOFT CORP COM 594918104 3,743 100,000 SH   DFND 1 0 100,000 0
MICROSOFT CORP COM 594918104 13,748 367,300 SH   SOLE 2, 3 367,300 0 0
MONDELEZ INTL INC COM 609207105 1,539 43,600 SH   DFND 1 0 43,600 0
MONDELEZ INTL INC COM 609207105 2,302 65,200 SH   SOLE 2 65,200 0 0
MONSTER BEVERAGE CORP COM 611740101 1,213 17,900 SH   DFND 1 0 17,900 0
MONSTER BEVERAGE CORP COM 611740101 5,218 77,000 SH   SOLE 2, 3 77,000 0 0
MONTPELIER RE HOLDINGS LTD SHS g62185106 1,318 45,300 SH   DFND 1 0 45,300 0
MONTPELIER RE HOLDINGS LTD SHS g62185106 6,385 219,400 SH   SOLE 2, 3 219,400 0 0
MURPHY OIL CORP COM 626717102 8,486 130,800 SH   DFND 1 0 130,800 0
MURPHY OIL CORP COM 626717102 22,131 341,100 SH   SOLE 2, 3 341,100 0 0
NAVIGATORS GROUP INC COM 638904102 834 13,200 SH   SOLE   13,200 0 0
NETAPP INC COM 64110D104 1,691 41,100 SH   DFND 1 0 41,100 0
NETAPP INC COM 64110D104 8,047 195,600 SH   SOLE 2, 3 195,600 0 0
NEWMONT MINING CORP COM 651639106 4,058 176,200 SH   DFND 1 0 176,200 0
NEWMONT MINING CORP COM 651639106 16,321 708,700 SH   SOLE 2, 3 708,700 0 0
NEWMONT MINING CORP NOTE 1.250% 7/1 651639ah9 575 575,000 PRN   DFND 1 0 575,000 0
NEWMONT MINING CORP NOTE 1.250% 7/1 651639ah9 2,423 2,425,000 PRN   SOLE 2, 3 2,425,000 0 0
NEWMONT MINING CORP NOTE 1.625% 7/1 651639aj5 3,137 3,075,000 PRN   DFND 1 0 3,075,000 0
NEWMONT MINING CORP NOTE 1.625% 7/1 651639aj5 12,164 11,925,000 PRN   SOLE 2, 3 11,925,000 0 0
NOODLES & CO CL A 65540B105 180 5,000 SH   SOLE 3 5,000 0 0
NORTHGATE MINERALS CORP NOTE 3.500%10/0 666416AB8 718 750,000 PRN   DFND 1 0 750,000 0
NORTHGATE MINERALS CORP NOTE 3.500%10/0 666416AB8 4,069 4,250,000 PRN   SOLE 2, 3 4,250,000 0 0
NORTHROP GRUMMAN CORP COM 666807102 1,799 15,700 SH   DFND 1 0 15,700 0
NORTHROP GRUMMAN CORP COM 666807102 7,988 69,700 SH   SOLE 2, 3 69,700 0 0
NRG ENERGY INC COM NEW 629377508 3,960 137,874 SH   DFND 1 0 137,874 0
NRG ENERGY INC COM NEW 629377508 15,261 531,375 SH   SOLE 2, 3 531,375 0 0
OCEAN SHORE HLDG CO NEW COM 67501r103 688 50,395 SH   SOLE 3 50,395 0 0
OCEANFIRST FINL CORP COM 675234108 69 4,015 SH   DFND 1 0 4,015 0
OCEANFIRST FINL CORP COM 675234108 4,135 241,385 SH   SOLE 2, 3 241,385 0 0
OMNIAMERICAN BANCORP INC COM 68216r107 785 36,722 SH   DFND 1 0 36,722 0
OMNIAMERICAN BANCORP INC COM 68216r107 2,957 138,300 SH   SOLE 2, 3 138,300 0 0
ORITANI FINL CORP DEL COM 68633d103 2,078 129,500 SH   DFND 1 0 129,500 0
ORITANI FINL CORP DEL COM 68633d103 10,543 656,876 SH   SOLE 2, 3 656,876 0 0
PACWEST BANCORP DEL COM 695263103 1,934 45,800 SH   DFND 1 0 45,800 0
PACWEST BANCORP DEL COM 695263103 5,565 131,800 SH   SOLE 2, 3 131,800 0 0
PARKWAY PPTYS INC COM 70159Q104 1,065 55,200 SH   DFND 1 0 55,200 0
PARKWAY PPTYS INC COM 70159Q104 6,852 355,197 SH   SOLE 2, 3 355,197 0 0
PATTERSON COMPANIES INC COM 703395103 2,114 51,300 SH   DFND 1 0 51,300 0
PATTERSON COMPANIES INC COM 703395103 11,021 267,500 SH   SOLE 2, 3 267,500 0 0
PAYCHEX INC COM 704326107 4,567 100,300 SH   DFND 1 0 100,300 0
PAYCHEX INC COM 704326107 13,486 296,200 SH   SOLE 2, 3 296,200 0 0
PEOPLES FED BANCSHARES INC COM 711037101 1,309 73,780 SH   SOLE 3 73,780 0 0
PEPCO HOLDINGS INC COM 713291102 1,018 53,200 SH   DFND 1 0 53,200 0
PEPCO HOLDINGS INC COM 713291102 3,359 175,600 SH   SOLE 2, 3 175,600 0 0
PEPSICO INC COM 713448108 3,956 47,700 SH   DFND 1 0 47,700 0
PEPSICO INC COM 713448108 13,552 163,400 SH   SOLE 2, 3 163,400 0 0
PERMIAN BASIN RTY TR UNIT BEN INT 714236106 1,286 100,000 SH   SOLE   100,000 0 0
PFIZER INC COM 717081103 6,929 226,200 SH   DFND 1 0 226,200 0
PFIZER INC COM 717081103 22,878 746,915 SH   SOLE 2, 3 746,915 0 0
PHH CORP COM NEW 693320202 2,036 83,600 SH   DFND 1 0 83,600 0
PHH CORP COM NEW 693320202 6,730 276,400 SH   SOLE 2, 3 276,400 0 0
PHH CORP NOTE 4.000% 9/0 693320AN3 4,934 4,625,000 PRN   DFND 1 0 4,625,000 0
PHH CORP NOTE 4.000% 9/0 693320AN3 19,604 18,375,000 PRN   SOLE 2, 3 18,375,000 0 0
PICO HLDGS INC COM NEW 693366205 2,085 90,200 SH   SOLE 3 90,200 0 0
PLATINUM UNDERWRITER HLDGS L COM G7127P100 797 13,000 SH   DFND 1 0 13,000 0
PLATINUM UNDERWRITER HLDGS L COM G7127P100 14,975 244,362 SH   SOLE 2, 3 244,362 0 0
PNC FINL SVCS GROUP INC COM 693475105 3,522 45,400 SH   DFND 1 0 45,400 0
PNC FINL SVCS GROUP INC COM 693475105 13,530 174,400 SH   SOLE 2 174,400 0 0
POST PPTYS INC COM 737464107 7,033 155,500 SH   DFND 1 0 155,500 0
POST PPTYS INC COM 737464107 24,311 537,500 SH   SOLE 2, 3 537,500 0 0
PROASSURANCE CORP COM 74267c106 8,649 178,400 SH   SOLE   178,400 0 0
PROCTER & GAMBLE CO COM 742718109 5,788 71,100 SH   DFND 1 0 71,100 0
PROCTER & GAMBLE CO COM 742718109 15,663 192,396 SH   SOLE 2 192,396 0 0
PROGRESSIVE CORP OHIO COM 743315103 10,319 378,400 SH   SOLE 3 378,400 0 0
PRUDENTIAL FINL INC COM 744320102 858 9,300 SH   SOLE   9,300 0 0
PSB HLDGS INC COM 69360W108 321 50,381 SH   SOLE   50,381 0 0
PUBLIC SVC ENTERPRISE GROUP COM 744573106 4,367 136,300 SH   DFND 1 0 136,300 0
PUBLIC SVC ENTERPRISE GROUP COM 744573106 14,594 455,500 SH   SOLE 2, 3 455,500 0 0
RTI INTL METALS INC NOTE 1.625%10/1 74973WAB3 2,994 2,850,000 PRN   DFND 1 0 2,850,000 0
RTI INTL METALS INC NOTE 1.625%10/1 74973WAB3 11,714 11,150,000 PRN   SOLE 2, 3 11,150,000 0 0
RTI INTL METALS INC NOTE 3.000%12/0 74973WAA5 1,615 1,425,000 PRN   DFND 1 0 1,425,000 0
RTI INTL METALS INC NOTE 3.000%12/0 74973WAA5 6,317 5,575,000 PRN   SOLE 2, 3 5,575,000 0 0
SAFETY INS GROUP INC COM 78648T100 3,688 65,500 SH   SOLE   65,500 0 0
SAN JUAN BASIN RTY TR UNIT BEN INT 798241105 1,674 100,000 SH   SOLE   100,000 0 0
SANOFI SPONSORED ADR 80105N105 3,148 58,700 SH   DFND 1 0 58,700 0
SANOFI SPONSORED ADR 80105N105 11,171 208,300 SH   SOLE 2, 3 208,300 0 0
SI FINL GROUP INC MD COM 78425V104 376 31,200 SH   SOLE 3 31,200 0 0
SIBANYE GOLD LTD SPONSORED ADR 825724206 694 144,250 SH   DFND 1 0 144,250 0
SIBANYE GOLD LTD SPONSORED ADR 825724206 2,503 520,350 SH   SOLE 2, 3 520,350 0 0
SILGAN HOLDINGS INC COM 827048109 2,372 49,400 SH   DFND 1 0 49,400 0
SILGAN HOLDINGS INC COM 827048109 6,588 137,200 SH   SOLE 2, 3 137,200 0 0
SPDR GOLD TRUST GOLD SHS 78463V107 395 3,400 SH   DFND 1 0 3,400 0
SPDR GOLD TRUST GOLD SHS 78463V107 1,859 16,000 SH   SOLE 2, 3 16,000 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 19,834 107,400 SH   SOLE   107,400 0 0
STATE AUTO FINL CORP COM 855707105 4,739 223,100 SH   DFND 1 0 223,100 0
STATE AUTO FINL CORP COM 855707105 16,372 770,800 SH   SOLE 2, 3 770,800 0 0
SUNCOR ENERGY INC NEW COM 867224107 2,748 78,400 SH   DFND 1 0 78,400 0
SUNCOR ENERGY INC NEW COM 867224107 3,989 113,800 SH   SOLE 2 113,800 0 0
SYMANTEC CORP COM 871503108 1,851 78,500 SH   DFND 1 0 78,500 0
SYMANTEC CORP COM 871503108 7,369 312,500 SH   SOLE 2, 3 312,500 0 0
SYMETRA FINL CORP COM 87151q106 36,447 1,922,300 SH   SOLE   1,922,300 0 0
SYSCO CORP COM 871829107 3,801 105,300 SH   DFND 1 0 105,300 0
SYSCO CORP COM 871829107 12,646 350,300 SH   SOLE 2, 3 350,300 0 0
TALISMAN ENERGY INC COM 87425E103 5,742 492,900 SH   DFND 1 0 492,900 0
TALISMAN ENERGY INC COM 87425E103 17,732 1,522,100 SH   SOLE 2, 3 1,522,100 0 0
TECO ENERGY INC COM 872375100 1,521 88,200 SH   DFND 1 0 88,200 0
TECO ENERGY INC COM 872375100 5,756 333,900 SH   SOLE 2, 3 333,900 0 0
TELEPHONE & DATA SYS INC COM NEW 879433829 5,525 214,300 SH   DFND 1 0 214,300 0
TELEPHONE & DATA SYS INC COM NEW 879433829 18,190 705,600 SH   SOLE 2, 3 705,600 0 0
TERADATA CORP DEL COM 88076w103 450 9,900 SH   DFND 1 0 9,900 0
TERADATA CORP DEL COM 88076w103 1,642 36,100 SH   SOLE 2, 3 36,100 0 0
TOOTSIE ROLL INDS INC COM 890516107 5,149 158,230 SH   DFND 1 0 158,230 0
TOOTSIE ROLL INDS INC COM 890516107 16,884 518,883 SH   SOLE 2, 3 518,883 0 0
TRINITY INDS INC NOTE 3.875% 6/0 896522af6 4,477 3,400,000 PRN   DFND 1 0 3,400,000 0
TRINITY INDS INC NOTE 3.875% 6/0 896522af6 15,276 11,600,000 PRN   SOLE 2, 3 11,600,000 0 0
TYCO INTERNATIONAL LTD SHS H89128104 3,099 75,500 SH   DFND 1 0 75,500 0
TYCO INTERNATIONAL LTD SHS H89128104 6,189 150,800 SH   SOLE 2, 3 150,800 0 0
UIL HLDG CORP COM 902748102 1,473 38,000 SH   SOLE 3 38,000 0 0
UNITED FINANCIAL BANCORP INC COM 91030T109 1,636 86,600 SH   DFND 1 0 86,600 0
UNITED FINANCIAL BANCORP INC COM 91030T109 5,034 266,500 SH   SOLE 2, 3 266,500 0 0
UNS ENERGY CORP COM 903119105 1,075 17,957 SH   DFND 1 0 17,957 0
UNS ENERGY CORP COM 903119105 3,247 54,253 SH   SOLE 2, 3 54,253 0 0
UNUM GROUP COM 91529Y106 1,396 39,800 SH   SOLE   39,800 0 0
USEC INC NOTE 3.000%10/0 90333EAC2 4,954 14,900,000 PRN   DFND 1 0 14,900,000 0
USEC INC NOTE 3.000%10/0 90333EAC2 22,344 67,200,000 PRN   SOLE 2, 3 67,200,000 0 0
VERISIGN INC COM 92343E102 1,871 31,300 SH   DFND 1 0 31,300 0
VERISIGN INC COM 92343E102 4,179 69,900 SH   SOLE 2, 3 69,900 0 0
WALGREEN CO COM 931422109 4,785 83,300 SH   DFND 1 0 83,300 0
WALGREEN CO COM 931422109 15,451 269,000 SH   SOLE 2, 3 269,000 0 0
WAL-MART STORES INC COM 931142103 7,712 98,000 SH   DFND 1 0 98,000 0
WAL-MART STORES INC COM 931142103 25,732 327,000 SH   SOLE 2, 3 327,000 0 0
WASHINGTON TR BANCORP COM 940610108 1,720 46,200 SH   SOLE 3 46,200 0 0
WELLPOINT INC COM 94973v107 2,495 27,000 SH   DFND 1 0 27,000 0
WELLPOINT INC COM 94973v107 13,258 143,500 SH   SOLE 2, 3 143,500 0 0
WESTFIELD FINANCIAL INC NEW COM 96008P104 1,730 231,900 SH   SOLE 3 231,900 0 0
WHITE MTNS INS GROUP LTD COM G9618E107 30,154 50,000 SH   SOLE   50,000 0 0
WILLIAMS CLAYTON ENERGY INC COM 969490101 4,106 50,100 SH   DFND 1 0 50,100 0
WILLIAMS CLAYTON ENERGY INC COM 969490101 14,685 179,200 SH   SOLE 2, 3 179,200 0 0
WPX ENERGY INC COM 98212b103 1,445 70,900 SH   DFND 1 0 70,900 0
WPX ENERGY INC COM 98212b103 4,777 234,400 SH   SOLE 2, 3 234,400 0 0
XEROX CORP COM 984121103 2,137 175,600 SH   DFND 1 0 175,600 0
XEROX CORP COM 984121103 7,129 585,800 SH   SOLE 2, 3 585,800 0 0
XILINX INC COM 983919101 1,580 34,400 SH   DFND 1 0 34,400 0
XILINX INC COM 983919101 7,958 173,300 SH   SOLE 2, 3 173,300 0 0
XL GROUP PLC SHS G98290102 895 28,100 SH   DFND 1 0 28,100 0
XL GROUP PLC SHS G98290102 13,421 421,500 SH   SOLE 2, 3 421,500 0 0
XYLEM INC COM 98419M100 2,083 60,200 SH   SOLE 3 60,200 0 0