-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, CiTXQWj6uP2ircLvEPGRMCFpHsGL5oHSviS2dC1GzVwUraLDCZBClyLLHK+0kajO 3JQzL7rTXHO7HAdk48YD1Q== 0001166588-10-000003.txt : 20100209 0001166588-10-000003.hdr.sgml : 20100209 20100209160757 ACCESSION NUMBER: 0001166588-10-000003 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20091231 FILED AS OF DATE: 20100209 DATE AS OF CHANGE: 20100209 EFFECTIVENESS DATE: 20100209 FILER: COMPANY DATA: COMPANY CONFORMED NAME: BNP PARIBAS ARBITRAGE, SA CENTRAL INDEX KEY: 0001166588 IRS NUMBER: 233022591 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-10038 FILM NUMBER: 10584513 BUSINESS ADDRESS: STREET 1: 787 SEVENTH AVENUE CITY: NEW YORK STATE: NY ZIP: 10019 BUSINESS PHONE: 610 491 1492 MAIL ADDRESS: STREET 1: 555 CROTON ROAD CITY: KING OF PRUSSIA STATE: PA ZIP: 19406 FORMER COMPANY: FORMER CONFORMED NAME: BNP PARIBAS ARBITRAGE, SNC DATE OF NAME CHANGE: 20080428 FORMER COMPANY: FORMER CONFORMED NAME: BNP PARIBAS ARBITRAGE SA DATE OF NAME CHANGE: 20020205 13F-HR 1 bnpparb13fhr.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 13F FORM 13F COVER PAGE Report for the Calendar Year or Quarter Ended: December 31, 2009 Check here if Amendment [ ]; Amendment Number: This Amendment (Check only one.): [ ] is a restatement. [ ] adds new holdings entries. Institutional Investment Manager Filing this Report: Name: BNP Paribas Arbitrage SA Address: 787 Seventh Ave. New York, NY 10019 13F File Number: 028-10038 The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form. Person Signing this Report on Behalf of Reporting Manager: Name: Thomas J. Mahoney Title: Chief Operating Officer Phone: (212) 841-3697 Signature ,Place, and Date of Signing: Thomas J. Mahoney New York, NY 2010/02/09 Report Type (Check only one.): [ X] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.) [ ] 13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).) [ ] 13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting managers(s).) List of Other Managers Reporting for this Manager: **NONE** I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE ACT OF 1934. FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 Form 13F Information Table Entry Total: 1,943 Form 13F Information Table Value Total: $55,821,739 (x$1,000) List of Other Included Managers: No. 13F File Number Name **NONE**
Manager: BNP Paribas Arbitrage SA Period End Date: Dec 31,2009 Page 1 of 37 ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8 - ------------------------------ ------------------ --------- --------- ------------------ ------- -------- --------------------- Value Shrs or SH/ PUT/ Other Voting Authority Name of Issuer Title of Class CUSIP (x$1000) Prn Amt PRN CALL Dscretn Managers Sole Shared None - ------------------------------ ------------------ --------- --------- --------- --- ---- ------- -------- --------- ------ ---- ADVANTAGE OIL & GAS LTD COM 00765F101 185 27800 SH SOLE 27800 0 0 AGNICO EAGLE MINES LTD COM 008474108 2488 45872 SH SOLE 45872 0 0 AGRIUM INC COM 008916108 8125 129276 SH SOLE 129276 0 0 AURIZON MINES LTD COM 05155P106 154 34374 SH SOLE 34374 0 0 BCE INC COM 05534B760 32620 1319384 SH SOLE 1319384 0 0 BALLARD PWR SYS INC NEW COM 058586108 22 14000 SH SOLE 14000 0 0 BANK MONTREAL QUE COM 063671101 226062 4464070 SH SOLE 4464070 0 0 BANK NOVA SCOTIA HALIFAX COM 064149107 3892 82048 SH SOLE 82048 0 0 BARRICK GOLD CORP COM 067901108 10729 269661 SH SOLE 269661 0 0 BAYTEX ENERGY TR TRUST UNIT COM 073176109 2570 90427 SH SOLE 90427 0 0 BROOKFIELD ASSET MGMT INC COM 112585104 11350 311108 SH SOLE 311108 0 0 BROOKFIELD PPTYS CORP COM 112900105 5415 432755 SH SOLE 432755 0 0 CAE INC COM 124765108 9761 1171311 SH SOLE 1171311 0 0 CAMECO CORP COM 13321L108 6079 187128 SH SOLE 187128 0 0 CDN IMPERIAL BK OF COMMERCE COM 136069101 6778 104580 SH SOLE 104580 0 0 CANADIAN NATL RY CO COM 136375102 8711 159800 SH SOLE 159800 0 0 CANADIAN NAT RES LTD COM 136385101 12237 168784 SH SOLE 168784 0 0 CANADIAN PAC RY LTD COM 13645T100 2730 50152 SH SOLE 50152 0 0 CELESTICA INC SUB VTG SHS COM 15101Q108 188 19636 SH SOLE 19636 0 0 COMPTON PETE CORP COM 204940100 19 20800 SH SOLE 20800 0 0 COTT CORP QUE COM 22163N106 110 12900 SH SOLE 12900 0 0 DENISON MINES CORP COM 248356107 125 99668 SH SOLE 99668 0 0 ELDORADO GOLD CORP NEW COM 284902103 2237 159084 SH SOLE 159084 0 0 ENCANA CORP COM 292505104 7657 234230 SH SOLE 234230 0 0 ENBRIDGE INC COM 29250N105 1451 31400 SH SOLE 31400 0 0 ENERPLUS RES FD UNIT TR G COM 29274D604 6685 179096 SH SOLE 179096 0 0 FAIRFAX FINL HLDGS LTD SUB VTG COM 303901102 12012 30695 SH SOLE 30695 0 0 FIRSTSERVICE CORP SUB VTG SH COM 33761N109 279 14472 SH SOLE 14472 0 0 GAMMON GOLD INC COM 36467T106 136 12600 SH SOLE 12600 0 0 GERDAU AMERISTEEL CORP COM 37373P105 2122 252867 SH SOLE 252867 0 0 GILDAN ACTIVEWEAR INC COM 375916103 950 38638 SH SOLE 38638 0 0 GOLDCORP INC NEW COM 380956409 12071 307579 SH SOLE 307579 0 0 GOLDEN STAR RES LTD CDA COM 38119T104 68 22000 SH SOLE 22000 0 0 GREAT BASIN GOLD LTD COM 390124105 53 30800 SH SOLE 30800 0 0 GROUPE CGI INC COM 39945C109 6106 451802 SH SOLE 451802 0 0 HARVEST ENERGY TR TRUST UNIT COM 41752X101 1000 104819 SH SOLE 104819 0 0 IESI BFC LTD COM 44951D108 167 10912 SH SOLE 10912 0 0 IMPERIAL OIL LTD COM 453038408 4153 107443 SH SOLE 107443 0 0 INTERNATIONAL ROYALTY CORP COM 460277106 7012 1212400 SH SOLE 1212400 0 0 IVANHOE ENERGY INC COM 465790103 60 20600 SH SOLE 20600 0 0 IVANHOE MINES LTD COM 46579N103 6043 409809 SH SOLE 409809 0 0 KINROSS GOLD CORP COM NO PAR COM 496902404 3553 192805 SH SOLE 192805 0 0 MDS INC COM 55269P302 393 52149 SH SOLE 52149 0 0 MAGNA INTL INC COM 559222401 1317 25850 SH SOLE 25850 0 0 MANULIFE FINL CORP COM 56501R106 9351 509827 SH SOLE 509827 0 0 METHANEX CORP COM 59151K108 1158 58130 SH SOLE 58130 0 0 MINEFINDERS LTD COM 602900102 246 26400 SH SOLE 26400 0 0 NEVSUN RES LTD COM 64156L101 29 11800 SH SOLE 11800 0 0 NEW GOLD INC CDA COM 644535106 120 33600 SH SOLE 33600 0 0 NEXEN INC COM 65334H102 4879 202816 SH SOLE 202816 0 0 NORTHGATE MINERALS CORP COM 666416102 82 26800 SH SOLE 26800 0 0 NOVAGOLD RES INC COM 66987E206 66 11200 SH SOLE 11200 0 0 OPEN TEXT CORP COM 683715106 2696 65800 SH SOLE 65800 0 0 PAN AMERICAN SILVER CORP COM 697900108 3708 154789 SH SOLE 154789 0 0 Manager: BNP Paribas Arbitrage SA Period End Date: Dec 31,2009 Page2 of 37 ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8 - ------------------------------ ------------------ --------- --------- ------------------ ------- -------- --------------------- Value Shrs or SH/ PUT/ Other Voting Authority Name of Issuer Title of Class CUSIP (x$1000) Prn Amt PRN CALL Dscretn Managers Sole Shared None - ------------------------------ ------------------ --------- --------- --------- --- ---- ------- -------- --------- ------ ---- PENGROWTH ENERGY TR TR UNIT COM 706902509 380 24400 SH SOLE 24400 0 0 PENN WEST ENERGY TR TR UNIT COM 707885109 2849 158617 SH SOLE 158617 0 0 POTASH CORP SASK INC COM 73755L107 20360 185439 SH SOLE 185439 0 0 PRECISION DRILLING TR TR UNIT COM 740215108 1934 102868 SH SOLE 102868 0 0 PROVIDENT ENERGY TR TR UNIT COM 74386K104 2978 435086 SH SOLE 435086 0 0 RESEARCH IN MOTION LTD COM 760975102 10562 155989 SH SOLE 155989 0 0 RITCHIE BROS AUCTIONEERS COM 767744105 1923 89825 SH SOLE 89825 0 0 ROGERS COMMUNICATIONS INC CL B COM 775109200 4527 145413 SH SOLE 145413 0 0 ROYAL BK CDA MONTREAL QUE COM 780087102 2384 44498 SH SOLE 44498 0 0 RUBICON MINERALS CORP COM 780911103 70 14600 SH SOLE 14600 0 0 SHAW COMMUNICATIONS INC CL B C COM 82028K200 2266 111190 SH SOLE 111190 0 0 SILVER STD RES INC COM 82823L106 235 10696 SH SOLE 10696 0 0 SILVER WHEATON CORP COM 828336107 7260 483008 SH SOLE 483008 0 0 SILVERCORP METALS INC COM 82835P103 100 15000 SH SOLE 15000 0 0 SUNCOR ENERGY INC NEW COM 867224107 10367 289278 SH SOLE 289278 0 0 TALISMAN ENERGY INC COM 87425E103 7060 375059 SH SOLE 375059 0 0 TANZANIAN ROYALTY EXPL CORP COM 87600U104 78 15200 SH SOLE 15200 0 0 TASEKO MINES LTD COM 876511106 70 16800 SH SOLE 16800 0 0 TECK RESOURCES LTD CL B COM 878742204 5026 139445 SH SOLE 139445 0 0 THOMPSON CREEK METALS CO INC COM 884768102 152 12800 SH SOLE 12800 0 0 THOMSON REUTERS CORP COM 884903105 2007 62194 SH SOLE 62194 0 0 TORONTO DOMINION BK ONT COM 891160509 6597 105690 SH SOLE 105690 0 0 TRANSALTA CORP COM 89346D107 1523 67640 SH SOLE 67640 0 0 TRANSCANADA CORP COM 89353D107 18862 635414 SH SOLE 635414 0 0 YAMANA GOLD INC COM 98462Y100 3839 397474 SH SOLE 397474 0 0 ADVANCED MICRO DEVICES INC BOND CV 007903AN7 128311 1301000 PRN SOLE 1301000 0 0 ARCELORMITTAL SA LUXEMBOURG BOND CV 03938LAK0 1242187 7500000 PRN SOLE 7500000 0 0 CHENIERE ENERGY INC BOND CV 16411RAE9 723750 15000000 PRN SOLE 15000000 0 0 D R HORTON INC BOND CV 23331ABB4 553750 5000000 PRN SOLE 5000000 0 0 EXPRESSJET HOLDINGS INC BOND CV 30218UAB4 291846 3048000 PRN SOLE 3048000 0 0 JETBLUE AIRWAYS CORP DBCV 6.75 BOND CV 477143AF8 1022813 7500000 PRN SOLE 7500000 0 0 MACROVISION CORP BOND CV 555904AB7 1191745 9640000 PRN SOLE 9640000 0 0 NAVISTAR INTL CORP NEW BOND CV 63934EAL2 413500 4000000 PRN SOLE 4000000 0 0 NETAPP INC BOND CV 64110DAB0 1075700 8675000 PRN SOLE 8675000 0 0 NEWELL RUBBERMAID INC BOND CV 651229AH9 1983188 10500000 PRN SOLE 10500000 0 0 PANTRY INC BOND CV 698657AL7 350000 4000000 PRN SOLE 4000000 0 0 SUNTECH PWR HLDGS CO LTD BOND CV 86800CAE4 400600 5000000 PRN SOLE 5000000 0 0 TECH DATA CORP DBCV 2.750%12/1 BOND CV 878237AE6 732700 6800000 PRN SOLE 6800000 0 0 TEXTRON INC BOND CV 883203BN0 1635419 10150000 PRN SOLE 10150000 0 0 THORATEC CORP BOND CV 885175AB5 1877375 23000000 PRN SOLE 23000000 0 0 UNITED STATES STL CORP NEW BOND CV 912909AE8 936875 5000000 PRN SOLE 5000000 0 0 VERIFONE HLDGS INC BOND CV 92342YAB5 581625 6600000 PRN SOLE 6600000 0 0 WEBMD CORP BOND CV 94769MAE5 450000 4000000 PRN SOLE 4000000 0 0 AGILENT TECHNOLOGIES INC COM 00846U101 807 25947 SH SOLE 25947 0 0 ALCOA INC COM 013817101 25812 1583550 SH SOLE 1583550 0 0 ALCOA INC OPTION 013817101 1517 10022 SH CALL SOLE 10022 0 0 ALCOA INC OPTION 013817101 2201 25798 SH PUT SOLE 25798 0 0 AIRTRAN HLDGS INC COM 00949P108 882 169522 SH SOLE 169522 0 0 AIRTRAN HLDGS INC OPTION 00949P108 330 1500 SH PUT SOLE 1500 0 0 AARONS INC COM 002535201 320 11346 SH SOLE 11346 0 0 ADVANCE AUTO PARTS INC COM 00751Y106 1454 35925 SH SOLE 35925 0 0 APPLE INC COM 037833100 215228 1016953 SH SOLE 1016953 0 0 APPLE INC OPTION 037833100 17206 29931 SH PUT SOLE 29931 0 0 APPLE INC OPTION 037833100 54892 11505 SH CALL SOLE 11505 0 0 Manager: BNP Paribas Arbitrage SA Period End Date: Dec 31,2009 Page3 of 37 ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8 - ------------------------------ ------------------ --------- --------- ------------------ ------- -------- --------------------- Value Shrs or SH/ PUT/ Other Voting Authority Name of Issuer Title of Class CUSIP (x$1000) Prn Amt PRN CALL Dscretn Managers Sole Shared None - ------------------------------ ------------------ --------- --------- --------- --- ---- ------- -------- --------- ------ ---- ALLIANCEBERNSTEIN HOLDING LP U COM 01881G106 1346 47949 SH SOLE 47949 0 0 ABB LTD COM 000375204 1258 65453 SH SOLE 65453 0 0 AMERISOURCEBERGEN CORP COM 03073E105 1634 62105 SH SOLE 62105 0 0 AMBAC FINL GROUP INC COM 023139108 29 34550 SH SOLE 34550 0 0 ABBOTT LABS COM 002824100 61190 1121935 SH SOLE 1121935 0 0 ABBOTT LABS OPTION 002824100 534 11821 SH PUT SOLE 11821 0 0 ABBOTT LABS OPTION 002824100 6221 21343 SH CALL SOLE 21343 0 0 COMPANHIA DE BEBIDAS DAS AME S COM 20441W203 13193 129762 SH SOLE 129762 0 0 COMPANHIA DE BEBIDAS DAS AME S OPTION 20441W203 2169 672 SH CALL SOLE 672 0 0 BARRICK GOLD CORP COM 067901108 7389 186780 SH SOLE 186780 0 0 BARRICK GOLD CORP OPTION 067901108 2508 4000 SH CALL SOLE 4000 0 0 AMERICAN CAP LTD COM 02503Y103 108 42913 SH SOLE 42913 0 0 ACE LTD SHS COM H0023R105 2891 57217 SH SOLE 57217 0 0 AMERICREDIT CORP COM 03060R101 231 11964 SH SOLE 11964 0 0 ARCH CAP GROUP LTD COM G0450A105 13678 190027 SH SOLE 190027 0 0 ACERGY S A COM 00443E104 2045 130647 SH SOLE 130647 0 0 ARCH COAL INC COM 039380100 5304 233452 SH SOLE 233452 0 0 AECOM TECHNOLOGY CORP DELAWA COM 00766T100 1461 52660 SH SOLE 52660 0 0 ACCENTURE PLC IRELAND SHS CLAS COM G1151C101 5251 125951 SH SOLE 125951 0 0 AFFILIATED COMPUTER SERVICES COM 008190100 389 6411 SH SOLE 6411 0 0 ALBERTO CULVER CO NEW COM 013078100 742 24963 SH SOLE 24963 0 0 ACXIOM CORP COM 005125109 165 12203 SH SOLE 12203 0 0 ADOBE SYS INC COM 00724F101 23680 636905 SH SOLE 636905 0 0 ADOBE SYS INC OPTION 00724F101 2160 6417 SH PUT SOLE 6417 0 0 ADOBE SYS INC OPTION 00724F101 2629 3380 SH CALL SOLE 3380 0 0 A D C TELECOMMUNICATIONS COM 000886309 125 19551 SH SOLE 19551 0 0 ANALOG DEVICES INC COM 032654105 1859 58530 SH SOLE 58530 0 0 ARCHER DANIELS MIDLAND CO COM 039483102 20138 634679 SH SOLE 634679 0 0 ARCHER DANIELS MIDLAND CO OPTION 039483102 233 868 SH CALL SOLE 868 0 0 AUTOMATIC DATA PROCESSING IN COM 053015103 5307 122667 SH SOLE 122667 0 0 ADAPTEC INC COM 00651F108 55 15988 SH SOLE 15988 0 0 ALLIANCE DATA SYSTEMS CORP COM 018581108 1282 19709 SH SOLE 19709 0 0 AUTODESK INC COM 052769106 1860 72885 SH SOLE 72885 0 0 AMEREN CORP COM 023608102 2694 94821 SH SOLE 94821 0 0 AEGON N V NY REGISTRY SH COM 007924103 2523 389299 SH SOLE 389299 0 0 AGNICO EAGLE MINES LTD OPTION 008474108 450 1000 SH CALL SOLE 1000 0 0 AMERICAN EAGLE OUTFITTERS NE COM 02553E106 794 46962 SH SOLE 46962 0 0 AMERICAN ELEC PWR INC COM 025537101 6190 175545 SH SOLE 175545 0 0 AES CORP COM 00130H105 5275 385876 SH SOLE 385876 0 0 AETNA INC NEW COM 00817Y108 8701 270634 SH SOLE 270634 0 0 AETNA INC NEW OPTION 00817Y108 702 4950 SH CALL SOLE 4950 0 0 AFFYMETRIX INC COM 00826T108 93 15913 SH SOLE 15913 0 0 AMERICAN FINL GROUP INC OHIO COM 025932104 389 15582 SH SOLE 15582 0 0 AFLAC INC COM 001055102 9425 201045 SH SOLE 201045 0 0 AFLAC INC OPTION 001055102 244 1252 SH CALL SOLE 1252 0 0 AGCO CORP COM 001084102 2047 63129 SH SOLE 63129 0 0 ISHARES TR INDEX BARCLY USAGG BCOM 464287226 31768 307475 SH SOLE 307475 0 0 ALLERGAN INC COM 018490102 9560 150572 SH SOLE 150572 0 0 ASSURED GUARANTY LTD COM G0585R106 496 22797 SH SOLE 22797 0 0 AMERIGROUP CORP COM 03073T102 521 19074 SH SOLE 19074 0 0 AGRIUM INC COM 008916108 1107 17707 SH SOLE 17707 0 0 AMERICAN INTL GROUP INC COM 026874784 2989 97696 SH SOLE 97696 0 0 AMERICAN INTL GROUP INC OPTION 026874784 365 3605 SH PUT SOLE 3605 0 0 AMERICAN INTL GROUP INC OPTION 026874784 313 913 SH CALL SOLE 913 0 0 Manager: BNP Paribas Arbitrage SA Period End Date: Dec 31,2009 Page4 of 37 ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8 - ------------------------------ ------------------ --------- --------- ------------------ ------- -------- --------------------- Value Shrs or SH/ PUT/ Other Voting Authority Name of Issuer Title of Class CUSIP (x$1000) Prn Amt PRN CALL Dscretn Managers Sole Shared None - ------------------------------ ------------------ --------- --------- --------- --- ---- ------- -------- --------- ------ ---- AMERICAN INTL GROUP INC UNIT 9 COM 026874115 4921 434317 SH SOLE 434317 0 0 APOLLO INVT CORP COM 03761U106 267 27428 SH SOLE 27428 0 0 AMERICAN ITALIAN PASTA CO COM 027070101 642 18185 SH SOLE 18185 0 0 APARTMENT INVT & MGMT CO COM 03748R101 522 32774 SH SOLE 32774 0 0 ASSURANT INC COM 04621X108 779 26223 SH SOLE 26223 0 0 AKAMAI TECHNOLOGIES INC COM 00971T101 5511 214276 SH SOLE 214276 0 0 AKAMAI TECHNOLOGIES INC OPTION 00971T101 133 10557 SH PUT SOLE 10557 0 0 AK STL HLDG CORP COM 001547108 2890 131779 SH SOLE 131779 0 0 AK STL HLDG CORP OPTION 001547108 390 3000 SH PUT SOLE 3000 0 0 ALBEMARLE CORP COM 012653101 729 19680 SH SOLE 19680 0 0 ALCOA INC BOND CV 013817AT8 4539062 17500000 PRN SOLE 17500000 0 0 ALLIED CAP CORP NEW COM 01903Q108 86 23529 SH SOLE 23529 0 0 ALIGN TECHNOLOGY INC COM 016255101 279 15599 SH SOLE 15599 0 0 ALLEGIANT TRAVEL CO COM 01748X102 927 19717 SH SOLE 19717 0 0 ALKERMES INC COM 01642T108 151 15760 SH SOLE 15760 0 0 ALLSTATE CORP COM 020002101 3769 123442 SH SOLE 123442 0 0 ALNYLAM PHARMACEUTICALS INC COM 02043Q107 669 37008 SH SOLE 37008 0 0 ALTERA CORP COM 021441100 9766 428140 SH SOLE 428140 0 0 ALCATEL-LUCENT COM 013904305 1002 303760 SH SOLE 303760 0 0 AUTOLIV INC COM 052800109 515 11606 SH SOLE 11606 0 0 ALEXION PHARMACEUTICALS INC COM 015351109 246 5063 SH SOLE 5063 0 0 APPLIED MATLS INC COM 038222105 4099 291558 SH SOLE 291558 0 0 APPLIED MATLS INC OPTION 038222105 473 6420 SH CALL SOLE 6420 0 0 AMB PROPERTY CORP COM 00163T109 600 23056 SH SOLE 23056 0 0 ADVANCED MICRO DEVICES INC COM 007903107 8088 832058 SH SOLE 832058 0 0 ADVANCED MICRO DEVICES INC OPTION 007903107 164 29447 SH PUT SOLE 29447 0 0 ADVANCED MICRO DEVICES INC OPTION 007903107 6270 13949 SH CALL SOLE 13949 0 0 AMETEK INC NEW COM 031100100 669 17491 SH SOLE 17491 0 0 AMEDISYS INC COM 023436108 230 4640 SH SOLE 4640 0 0 AFFILIATED MANAGERS GROUP COM 008252108 809 12033 SH SOLE 12033 0 0 AMGEN INC COM 031162100 45946 798509 SH SOLE 798509 0 0 AMGEN INC OPTION 031162100 2232 12211 SH CALL SOLE 12211 0 0 AMGEN INC OPTION 031162100 4156 13157 SH PUT SOLE 13157 0 0 AMGEN INC BOND CV 031162AN0 49500 500000 PRN SOLE 500000 0 0 AMKOR TECHNOLOGY INC COM 031652100 93 12857 SH SOLE 12857 0 0 AMYLIN PHARMACEUTICALS INC COM 032346108 552 39051 SH SOLE 39051 0 0 AMERICAN MED SYS HLDGS INC BOND CV 02744MAA6 323547 2854000 PRN SOLE 2854000 0 0 AMERICAN MED SYS HLDGS INC BOND CV 02744MAB4 1429105 11823000 PRN SOLE 11823000 0 0 AMERON INTL INC COM 030710107 606 9478 SH SOLE 9478 0 0 AMERIPRISE FINL INC COM 03076C106 982 25153 SH SOLE 25153 0 0 AMERICAN SUPERCONDUCTOR CORP COM 030111108 549 13253 SH SOLE 13253 0 0 AMERICAN TOWER CORP COM 029912201 1187 27400 SH SOLE 27400 0 0 TD AMERITRADE HLDG CORP COM 87236Y108 8853 451458 SH SOLE 451458 0 0 AMERICA MOVIL SAB DE CV SPON COM 02364W105 15071 321068 SH SOLE 321068 0 0 AMERICA MOVIL SAB DE CV SPON OPTION 02364W105 2069 1962 SH PUT SOLE 1962 0 0 AMAZON COM INC COM 023135106 99835 731449 SH SOLE 731449 0 0 AMAZON COM INC OPTION 023135106 6124 13243 SH PUT SOLE 13243 0 0 AMAZON COM INC OPTION 023135106 39522 12489 SH CALL SOLE 12489 0 0 AUTONATION INC COM 05329W102 621 32428 SH SOLE 32428 0 0 ABERCROMBIE & FITCH CO COM 002896207 1034 29234 SH SOLE 29234 0 0 ANWORTH MORTGAGE ASSET CP COM 037347101 92 13095 SH SOLE 13095 0 0 ANNTAYLOR STORES CORP COM 036115103 261 18882 SH SOLE 18882 0 0 ALPHA NATURAL RESOURCES INC COM 02076X102 8086 182744 SH SOLE 182744 0 0 ALLIANCE ONE INTL INC COM 018772103 55 11004 SH SOLE 11004 0 0 Manager: BNP Paribas Arbitrage SA Period End Date: Dec 31,2009 Page5 of 37 ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8 - ------------------------------ ------------------ --------- --------- ------------------ ------- -------- --------------------- Value Shrs or SH/ PUT/ Other Voting Authority Name of Issuer Title of Class CUSIP (x$1000) Prn Amt PRN CALL Dscretn Managers Sole Shared None - ------------------------------ ------------------ --------- --------- --------- --- ---- ------- -------- --------- ------ ---- AOL INC COM 00184X105 537 22856 SH SOLE 22856 0 0 AON CORP COM 037389103 21414 552774 SH SOLE 552774 0 0 A123 SYS INC COM 03739T108 466 20383 SH SOLE 20383 0 0 SMITH A O COM 831865209 486 10954 SH SOLE 10954 0 0 APACHE CORP COM 037411105 27614 264958 SH SOLE 264958 0 0 APACHE CORP OPTION 037411105 1547 4324 SH PUT SOLE 4324 0 0 APACHE CORP OPTION 037411105 4489 5455 SH CALL SOLE 5455 0 0 ANADARKO PETE CORP COM 032511107 18933 297968 SH SOLE 297968 0 0 ANADARKO PETE CORP OPTION 032511107 866 13296 SH PUT SOLE 13296 0 0 ANADARKO PETE CORP OPTION 032511107 10390 6978 SH CALL SOLE 6978 0 0 AIR PRODS & CHEMS INC COM 009158106 1391 16911 SH SOLE 16911 0 0 AMPHENOL CORP NEW COM 032095101 537 11438 SH SOLE 11438 0 0 APOLLO GROUP INC COM 037604105 2606 42566 SH SOLE 42566 0 0 APOLLO GROUP INC OPTION 037604105 245 899 SH CALL SOLE 899 0 0 APOLLO GROUP INC OPTION 037604105 1515 2219 SH PUT SOLE 2219 0 0 ARIBA INC COM 04033V203 131 10478 SH SOLE 10478 0 0 ARES CAP CORP COM 04010L103 161 12760 SH SOLE 12760 0 0 AIRGAS INC COM 009363102 433 8970 SH SOLE 8970 0 0 ARIAD PHARMACEUTICALS INC COM 04033A100 29 13628 SH SOLE 13628 0 0 ARENA PHARMACEUTICALS INC COM 040047102 42 12222 SH SOLE 12222 0 0 AEROPOSTALE COM 007865108 2351 68045 SH SOLE 68045 0 0 ARRIS GROUP INC COM 04269Q100 1516 132633 SH SOLE 132633 0 0 ART TECHNOLOGY GROUP INC COM 04289L107 74 16222 SH SOLE 16222 0 0 ARROW ELECTRS INC COM 042735100 750 25029 SH SOLE 25029 0 0 ASSOCIATED BANC CORP COM 045487105 177 15926 SH SOLE 15926 0 0 AMERICAN SCIENCE & ENGR INC COM 029429107 410 5209 SH SOLE 5209 0 0 ASHLAND INC NEW COM 044209104 276 6886 SH SOLE 6886 0 0 ASIAINFO HLDGS INC COM 04518A104 356 11464 SH SOLE 11464 0 0 ASML HOLDING N V NY REG SHS COM N07059186 8194 237863 SH SOLE 237863 0 0 GRUPO AEROPORTUARIO DEL SURE S COM 40051E202 3440 66406 SH SOLE 66406 0 0 ATHEROS COMMUNICATIONS INC COM 04743P108 238 6976 SH SOLE 6976 0 0 ALLEGHENY TECHNOLOGIES INC COM 01741R102 1352 29667 SH SOLE 29667 0 0 ALLIANT TECHSYSTEMS INC COM 018804104 881 9832 SH SOLE 9832 0 0 ATLAS ENERGY INC COM 049298102 436 14338 SH SOLE 14338 0 0 ATMEL CORP COM 049513104 507 109714 SH SOLE 109714 0 0 ATMOS ENERGY CORP COM 049560105 236 8038 SH SOLE 8038 0 0 APTARGROUP INC COM 038336103 434 12146 SH SOLE 12146 0 0 ACTUANT CORP COM 00508X203 557 29295 SH SOLE 29295 0 0 ACTIVISION BLIZZARD INC COM 00507V109 1405 123392 SH SOLE 123392 0 0 ATWOOD OCEANICS INC COM 050095108 3342 91925 SH SOLE 91925 0 0 AVALONBAY CMNTYS INC COM 053484101 1433 17090 SH SOLE 17090 0 0 AVON PRODS INC COM 054303102 5386 169249 SH SOLE 169249 0 0 AVNET INC COM 053807103 1562 51345 SH SOLE 51345 0 0 AVERY DENNISON CORP COM 053611109 1722 46628 SH SOLE 46628 0 0 AMERICAN WTR WKS CO INC NEW COM 030420103 5521 244813 SH SOLE 244813 0 0 AMERICAN AXLE & MFG HLDGS IN COM 024061103 8175 1011768 SH SOLE 1011768 0 0 AMERICAN EXPRESS CO COM 025816109 11422 279940 SH SOLE 279940 0 0 AMERICAN EXPRESS CO OPTION 025816109 1367 20867 SH PUT SOLE 20867 0 0 AMERICAN EXPRESS CO OPTION 025816109 8062 8950 SH CALL SOLE 8950 0 0 AXIS CAPITAL HOLDINGS SHS COM G0692U109 743 26083 SH SOLE 26083 0 0 ALLEGHENY ENERGY INC COM 017361106 3092 129769 SH SOLE 129769 0 0 ACUITY BRANDS INC COM 00508Y102 228 6321 SH SOLE 6321 0 0 ASTRAZENECA PLC COM 046353108 505 10739 SH SOLE 10739 0 0 AUTOZONE INC COM 053332102 524 3287 SH SOLE 3287 0 0 Manager: BNP Paribas Arbitrage SA Period End Date: Dec 31,2009 Page6 of 37 ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8 - ------------------------------ ------------------ --------- --------- ------------------ ------- -------- --------------------- Value Shrs or SH/ PUT/ Other Voting Authority Name of Issuer Title of Class CUSIP (x$1000) Prn Amt PRN CALL Dscretn Managers Sole Shared None - ------------------------------ ------------------ --------- --------- --------- --- ---- ------- -------- --------- ------ ---- AZZ INC COM 002474104 251 7535 SH SOLE 7535 0 0 BOEING CO COM 097023105 5752 104651 SH SOLE 104651 0 0 BANK OF AMERICA CORPORATION COM 060505104 522508 34672035 SH SOLE 34672035 0 0 BANK OF AMERICA CORPORATION OPTION 060505104 4776 43540 SH CALL SOLE 43540 0 0 BANK OF AMERICA CORPORATION OPTION 060505104 129858 409810 SH PUT SOLE 409810 0 0 BRASKEM S A SP COM 105532105 281 16900 SH SOLE 16900 0 0 CREDICORP LTD COM G2519Y108 52117 681262 SH SOLE 681262 0 0 BARE ESCENTUALS INC COM 067511105 164 13199 SH SOLE 13199 0 0 BAXTER INTL INC COM 071813109 6963 118036 SH SOLE 118036 0 0 BAXTER INTL INC OPTION 071813109 478 5180 SH PUT SOLE 5180 0 0 BAXTER INTL INC OPTION 071813109 906 3842 SH CALL SOLE 3842 0 0 BED BATH & BEYOND INC COM 075896100 1651 42075 SH SOLE 42075 0 0 BED BATH & BEYOND INC OPTION 075896100 563 2550 SH CALL SOLE 2550 0 0 BED BATH & BEYOND INC OPTION 075896100 675 2700 SH PUT SOLE 2700 0 0 BANCO BRADESCO S A SP COM 059460303 35078 1627768 SH SOLE 1627768 0 0 BANCO BRADESCO S A SP OPTION 059460303 6432 9600 SH CALL SOLE 9600 0 0 BANCO BRADESCO S A SP OPTION 059460303 484 15382 SH PUT SOLE 15382 0 0 BB&T CORP COM 054937107 2981 116610 SH SOLE 116610 0 0 BB&T CORP OPTION 054937107 1470 2550 SH CALL SOLE 2550 0 0 BEST BUY INC COM 086516101 20541 509197 SH SOLE 509197 0 0 BEST BUY INC OPTION 086516101 474 11825 SH CALL SOLE 11825 0 0 BEST BUY INC OPTION 086516101 1985 7022 SH PUT SOLE 7022 0 0 BRUNSWICK CORP COM 117043109 228 18004 SH SOLE 18004 0 0 BARD C R INC COM 067383109 6071 76591 SH SOLE 76591 0 0 BELDEN INC COM 077454106 623 28440 SH SOLE 28440 0 0 BLACK & DECKER CORP COM 091797100 3601 54795 SH SOLE 54795 0 0 BECTON DICKINSON & CO COM 075887109 2454 30800 SH SOLE 30800 0 0 BE AEROSPACE INC COM 073302101 730 30753 SH SOLE 30753 0 0 BECKMAN COULTER INC COM 075811109 867 13101 SH SOLE 13101 0 0 FRANKLIN RES INC COM 354613101 2905 27557 SH SOLE 27557 0 0 BRIGHAM EXPLORATION CO COM 109178103 155 11178 SH SOLE 11178 0 0 BROWN FORMAN CORP CL B COM 115637209 487 9016 SH SOLE 9016 0 0 BUNGE LIMITED COM G16962105 11267 176069 SH SOLE 176069 0 0 BRIGGS & STRATTON CORP COM 109043109 994 53116 SH SOLE 53116 0 0 BLACKROCK FLOATING RATE INCO COM 091941104 1395 100000 SH SOLE 100000 0 0 BENCHMARK ELECTRS INC COM 08160H101 505 26727 SH SOLE 26727 0 0 BAKER HUGHES INC COM 057224107 15501 379269 SH SOLE 379269 0 0 BAKER HUGHES INC OPTION 057224107 2218 2349 SH PUT SOLE 2349 0 0 BHP BILLITON LTD COM 088606108 461 5988 SH SOLE 5988 0 0 SOTHEBYS COM 835898107 301 12970 SH SOLE 12970 0 0 BAIDU INC SPON COM 056752108 27259 65491 SH SOLE 65491 0 0 BAIDU INC SPON OPTION 056752108 360 1258 SH PUT SOLE 1258 0 0 BAIDU INC SPON OPTION 056752108 2986 346 SH CALL SOLE 346 0 0 BIG LOTS INC COM 089302103 959 33085 SH SOLE 33085 0 0 BIOGEN IDEC INC COM 09062X103 5387 100314 SH SOLE 100314 0 0 BIOGEN IDEC INC OPTION 09062X103 768 2500 SH CALL SOLE 2500 0 0 SPDR SERIES TRUST BRCLYS 1-3MT COM 78464A680 1807 39391 SH SOLE 39391 0 0 BJ SVCS CO COM 055482103 5530 293988 SH SOLE 293988 0 0 BANK OF NEW YORK MELLON CORP COM 064058100 9087 324311 SH SOLE 324311 0 0 BANK OF NEW YORK MELLON CORP OPTION 064058100 202 2978 SH PUT SOLE 2978 0 0 BELO CORP COM SER A COM 080555105 474 83193 SH SOLE 83193 0 0 BLACKROCK INC COM 09247X101 1045 4405 SH SOLE 4405 0 0 BALL CORP COM 058498106 573 10995 SH SOLE 10995 0 0 IMMUCOR INC COM 452526106 768 37277 SH SOLE 37277 0 0 Manager: BNP Paribas Arbitrage SA Period End Date: Dec 31,2009 Page7 of 37 ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8 - ------------------------------ ------------------ --------- --------- ------------------ ------- -------- --------------------- Value Shrs or SH/ PUT/ Other Voting Authority Name of Issuer Title of Class CUSIP (x$1000) Prn Amt PRN CALL Dscretn Managers Sole Shared None - ------------------------------ ------------------ --------- --------- --------- --- ---- ------- -------- --------- ------ ---- BMC SOFTWARE INC COM 055921100 1046 25834 SH SOLE 25834 0 0 BRISTOL MYERS SQUIBB CO COM 110122108 30709 1199103 SH SOLE 1199103 0 0 BRISTOL MYERS SQUIBB CO OPTION 110122108 1571 10963 SH CALL SOLE 10963 0 0 BRISTOL MYERS SQUIBB CO OPTION 110122108 2173 20588 SH PUT SOLE 20588 0 0 BURLINGTON NORTHN SANTA FE C COM 12189T104 35872 363336 SH SOLE 363336 0 0 BURLINGTON NORTHN SANTA FE C OPTION 12189T104 311 2132 SH PUT SOLE 2132 0 0 BANK HAWAII CORP COM 062540109 386 8098 SH SOLE 8098 0 0 BP PLC COM 055622104 3508 60324 SH SOLE 60324 0 0 POPULAR INC COM 733174106 94 44104 SH SOLE 44104 0 0 BPW ACQUISITION CORP COM 055637102 4423 420000 SH SOLE 420000 0 0 BPZ RESOURCES INC COM 055639108 271 27336 SH SOLE 27336 0 0 OILSANDS QUEST INC COM 678046103 37 31002 SH SOLE 31002 0 0 BRO COM 11133T103 1563 68737 SH SOLE 68737 0 0 BROCADE COMMUNICATIONS SYS I COM 111621306 243 31510 SH SOLE 31510 0 0 BROADCOM CORP COM 111320107 3773 118446 SH SOLE 118446 0 0 BROADCOM CORP OPTION 111320107 214 617 SH PUT SOLE 617 0 0 BERKSHIRE HATHAWAY INC DEL COM 084670108 9475 96 SH SOLE 96 0 0 BERKSHIRE HATHAWAY INC DEL CL BCOM 084670207 11277 3428 SH SOLE 3428 0 0 BROWN & BROWN INC COM 115236101 340 18563 SH SOLE 18563 0 0 BRISTOW GROUP INC BOND CV 110394AC7 625600 6800000 PRN SOLE 6800000 0 0 BANCO SANTANDER BRASIL S A ADS COM 05967A107 6727 482559 SH SOLE 482559 0 0 BOSTON SCIENTIFIC CORP COM 101137107 8737 965361 SH SOLE 965361 0 0 BOSTON SCIENTIFIC CORP OPTION 101137107 1995 5816 SH PUT SOLE 5816 0 0 PEABODY ENERGY CORP COM 704549104 8077 175518 SH SOLE 175518 0 0 BUCYRUS INTL INC NEW COM 118759109 418 7353 SH SOLE 7353 0 0 BIOVAIL CORP COM 09067J109 220 15853 SH SOLE 15853 0 0 COMPANIA DE MINAS BUENAVENTU COM 204448104 682 20664 SH SOLE 20664 0 0 BORGWARNER INC COM 099724106 2728 80558 SH SOLE 80558 0 0 BORGWARNER INC OPTION 099724106 242 350 SH CALL SOLE 350 0 0 BOSTON PROPERTIES INC COM 101121101 5132 74038 SH SOLE 74038 0 0 BANCORPSOUTH INC COM 059692103 298 12722 SH SOLE 12722 0 0 BALLY TECHNOLOGIES INC COM 05874B107 319 7775 SH SOLE 7775 0 0 BEAZER HOMES USA INC COM 07556Q105 64 13082 SH SOLE 13082 0 0 CITIGROUP INC COM 172967101 123767 37279135 SH SOLE 37279135 0 0 CITIGROUP INC OPTION 172967101 1420 85989 SH CALL SOLE 85989 0 0 CITIGROUP INC OPTION 172967101 65434 232019 SH PUT SOLE 232019 0 0 CA INC COM 12673P105 5318 235605 SH SOLE 235605 0 0 CA INC OPTION 12673P105 242 474 SH CALL SOLE 474 0 0 CONAGRA FOODS INC COM 205887102 1120 48039 SH SOLE 48039 0 0 CARDINAL HEALTH INC COM 14149Y108 3003 92073 SH SOLE 92073 0 0 CHEESECAKE FACTORY INC COM 163072101 209 9502 SH SOLE 9502 0 0 CONTINENTAL AIRLS INC CL B COM 210795308 547 30500 SH SOLE 30500 0 0 CONTINENTAL AIRLS INC CL B OPTION 210795308 473 2150 SH PUT SOLE 2150 0 0 CAMERON INTERNATIONAL CORP COM 13342B105 2521 60580 SH SOLE 60580 0 0 AVIS BUDGET GROUP COM 053774105 2354 174613 SH SOLE 174613 0 0 CASEYS GEN STORES INC COM 147528103 262 8215 SH SOLE 8215 0 0 CATERPILLAR INC DEL COM 149123101 12165 209563 SH SOLE 209563 0 0 CATERPILLAR INC DEL OPTION 149123101 802 5957 SH PUT SOLE 5957 0 0 CATERPILLAR INC DEL OPTION 149123101 3659 4568 SH CALL SOLE 4568 0 0 CATHAY GENERAL BANCORP COM 149150104 242 31998 SH SOLE 31998 0 0 CHUBB CORP COM 171232101 2806 56475 SH SOLE 56475 0 0 CINCINNATI BELL INC NEW COM 171871106 158 45482 SH SOLE 45482 0 0 COOPER INDUSTRIES PLC SHS COM G24140108 1963 45820 SH SOLE 45820 0 0 CB RICHARD ELLIS GROUP INC COM 12497T101 175 12446 SH SOLE 12446 0 0 Manager: BNP Paribas Arbitrage SA Period End Date: Dec 31,2009 Page8 of 37 ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8 - ------------------------------ ------------------ --------- --------- ------------------ ------- -------- --------------------- Value Shrs or SH/ PUT/ Other Voting Authority Name of Issuer Title of Class CUSIP (x$1000) Prn Amt PRN CALL Dscretn Managers Sole Shared None - ------------------------------ ------------------ --------- --------- --------- --- ---- ------- -------- --------- ------ ---- CBL & ASSOC PPTYS INC COM 124830100 112 11282 SH SOLE 11282 0 0 CBS CORP NEW CL B COM 124857202 2459 171929 SH SOLE 171929 0 0 COMMERCE BANCSHARES INC COM 200525103 306 7906 SH SOLE 7906 0 0 CALGON CARBON CORP COM 129603106 2083 147196 SH SOLE 147196 0 0 COCA COLA ENTERPRISES INC COM 191219104 657 30670 SH SOLE 30670 0 0 CROWN CASTLE INTL CORP COM 228227104 2079 52662 SH SOLE 52662 0 0 CAMECO CORP COM 13321L108 9974 309257 SH SOLE 309257 0 0 CROWN HOLDINGS INC COM 228368106 1055 41150 SH SOLE 41150 0 0 CARNIVAL CORP PAIRED CTF COM 143658300 7028 218929 SH SOLE 218929 0 0 CABOT MICROELECTRONICS CORP COM 12709P103 250 7496 SH SOLE 7496 0 0 COEUR D ALENE MINES CORP IDA COM 192108504 278 15325 SH SOLE 15325 0 0 CADENCE DESIGN SYSTEM INC COM 127387108 180 29726 SH SOLE 29726 0 0 CELANESE CORP DEL COM SER A COM 150870103 816 25251 SH SOLE 25251 0 0 CAREER EDUCATION CORP COM 141665109 2001 85964 SH SOLE 85964 0 0 CAREER EDUCATION CORP OPTION 141665109 295 1000 SH CALL SOLE 1000 0 0 CENTRAL EUROPEAN DIST CORP COM 153435102 1103 38247 SH SOLE 38247 0 0 CENTRAL FD CDA LTD COM 153501101 935 67862 SH SOLE 67862 0 0 CONSTELLATION ENERGY GROUP I COM 210371100 3637 101879 SH SOLE 101879 0 0 CELLCOM ISRAEL LTD SHS COM M2196U109 978 30503 SH SOLE 30503 0 0 CELGENE CORP COM 151020104 34683 614725 SH SOLE 614725 0 0 CELGENE CORP OPTION 151020104 830 3751 SH CALL SOLE 3751 0 0 CELGENE CORP OPTION 151020104 4950 8155 SH PUT SOLE 8155 0 0 CNOOC LTD COM 126132109 2814 18200 SH SOLE 18200 0 0 CEPHALON INC COM 156708109 3209 50973 SH SOLE 50973 0 0 CERNER CORP COM 156782104 744 8899 SH SOLE 8899 0 0 CENTRAL EUROPEAN MEDIA ENTRP COM G20045202 1777 74128 SH SOLE 74128 0 0 CF INDS HLDGS INC COM 125269100 12327 133689 SH SOLE 133689 0 0 CF INDS HLDGS INC OPTION 125269100 402 1150 SH PUT SOLE 1150 0 0 BRINKS HOME SEC HLDGS INC COM 109699108 7054 216106 SH SOLE 216106 0 0 CAREFUSION CORP COM 14170T101 1094 43568 SH SOLE 43568 0 0 CHURCH & DWIGHT INC COM 171340102 1167 19312 SH SOLE 19312 0 0 CHESAPEAKE ENERGY CORP COM 165167107 47347 1796179 SH SOLE 1796179 0 0 CHESAPEAKE ENERGY CORP OPTION 165167107 1144 16105 SH CALL SOLE 16105 0 0 CHESAPEAKE ENERGY CORP OPTION 165167107 886 26928 SH PUT SOLE 26928 0 0 CHECK POINT SOFTWARE TECH LT COM M22465104 6086 177581 SH SOLE 177581 0 0 CHINA MOBILE LIMITED COM 16941M109 3161 68962 SH SOLE 68962 0 0 CHINA MOBILE LIMITED OPTION 16941M109 320 1172 SH CALL SOLE 1172 0 0 CHARMING SHOPPES INC COM 161133103 97 14963 SH SOLE 14963 0 0 C H ROBINSON WORLDWIDE INC COM 12541W209 1413 24067 SH SOLE 24067 0 0 C H ROBINSON WORLDWIDE INC OPTION 12541W209 340 400 SH CALL SOLE 400 0 0 CHICOS FAS INC COM 168615102 424 30180 SH SOLE 30180 0 0 CIGNA CORP COM 125509109 4162 116202 SH SOLE 116202 0 0 BANCOLOMBIA S A SPON COM 05968L102 715 15900 SH SOLE 15900 0 0 CIENA CORP COM 171779309 485 44570 SH SOLE 44570 0 0 COMPANHIA ENERGETICA DE MINA SPCOM 204409601 9723 531887 SH SOLE 531887 0 0 CHIMERA INVT CORP COM 16934Q109 169 43138 SH SOLE 43138 0 0 CINCINNATI FINL CORP COM 172062101 239 9053 SH SOLE 9053 0 0 COMSYS IT PARTNERS INC COM 20581E104 7335 825126 SH SOLE 825126 0 0 SEACOR HOLDINGS INC COM 811904101 406 5361 SH SOLE 5361 0 0 COLGATE PALMOLIVE CO COM 194162103 8364 100950 SH SOLE 100950 0 0 COLGATE PALMOLIVE CO OPTION 194162103 2742 7025 SH CALL SOLE 7025 0 0 CORE LABORATORIES N V COM N22717107 2896 24413 SH SOLE 24413 0 0 CLARCOR INC COM 179895107 1291 39292 SH SOLE 39292 0 0 CLIFFS NATURAL RESOURCES INC COM 18683K101 1691 35811 SH SOLE 35811 0 0 Manager: BNP Paribas Arbitrage SA Period End Date: Dec 31,2009 Page9 of 37 ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8 - ------------------------------ ------------------ --------- --------- ------------------ ------- -------- --------------------- Value Shrs or SH/ PUT/ Other Voting Authority Name of Issuer Title of Class CUSIP (x$1000) Prn Amt PRN CALL Dscretn Managers Sole Shared None - ------------------------------ ------------------ --------- --------- --------- --- ---- ------- -------- --------- ------ ---- CLIFFS NATURAL RESOURCES INC OPTION 18683K101 3184 3175 SH CALL SOLE 3175 0 0 CLEAN HARBORS INC COM 184496107 5242 88166 SH SOLE 88166 0 0 CLOROX CO DEL COM 189054109 2608 42357 SH SOLE 42357 0 0 COMERICA INC COM 200340107 980 32615 SH SOLE 32615 0 0 COMCAST CORP NEW COM 20030N101 27363 1602977 SH SOLE 1602977 0 0 COMCAST CORP NEW OPTION 20030N101 1714 9593 SH CALL SOLE 9593 0 0 COMCAST CORP NEW OPTION 20030N101 5386 56795 SH PUT SOLE 56795 0 0 COMCAST CORP NEW COM 20030N200 7824 482977 SH SOLE 482977 0 0 CME GROUP INC COM 12572Q105 4923 14551 SH SOLE 14551 0 0 CME GROUP INC OPTION 12572Q105 776 249 SH CALL SOLE 249 0 0 CME GROUP INC OPTION 12572Q105 2462 503 SH PUT SOLE 503 0 0 CHIPOTLE MEXICAN GRILL INC COM 169656105 342 3798 SH SOLE 3798 0 0 CUMMINS INC COM 231021106 3298 71094 SH SOLE 71094 0 0 CMS ENERGY CORP COM 125896100 1224 76331 SH SOLE 76331 0 0 CNH GLOBAL N V SHS COM N20935206 891 35098 SH SOLE 35098 0 0 CONSECO INC COM 208464883 122 24265 SH SOLE 24265 0 0 CENTERPOINT ENERGY INC COM 15189T107 3158 214991 SH SOLE 214991 0 0 CONCUR TECHNOLOGIES INC COM 206708109 289 6707 SH SOLE 6707 0 0 CON-WAY INC COM 205944101 481 12430 SH SOLE 12430 0 0 CONSOL ENERGY INC COM 20854P109 4729 93523 SH SOLE 93523 0 0 CORINTHIAN COLLEGES INC COM 218868107 1945 141999 SH SOLE 141999 0 0 CAPITAL ONE FINL CORP COM 14040H105 5166 135060 SH SOLE 135060 0 0 CAPITAL ONE FINL CORP OPTION 14040H105 907 2714 SH CALL SOLE 2714 0 0 CAPITAL ONE FINL CORP OPTION 14040H105 1387 11239 SH PUT SOLE 11239 0 0 CABOT OIL & GAS CORP COM 127097103 1124 25787 SH SOLE 25787 0 0 COACH INC COM 189754104 2333 63111 SH SOLE 63111 0 0 COACH INC OPTION 189754104 217 700 SH CALL SOLE 700 0 0 ROCKWELL COLLINS INC COM 774341101 984 17489 SH SOLE 17489 0 0 3COM CORP COM 885535104 6128 814900 SH SOLE 814900 0 0 COMVERGE INC COM 205859101 225 20025 SH SOLE 20025 0 0 CONOCOPHILLIPS COM 20825C104 72958 1430836 SH SOLE 1430836 0 0 CONOCOPHILLIPS OPTION 20825C104 7433 19061 SH CALL SOLE 19061 0 0 CONOCOPHILLIPS OPTION 20825C104 9347 22031 SH PUT SOLE 22031 0 0 COSTCO WHSL CORP NEW COM 22160K105 5700 94913 SH SOLE 94913 0 0 COSTCO WHSL CORP NEW OPTION 22160K105 1120 8794 SH PUT SOLE 8794 0 0 COSTCO WHSL CORP NEW OPTION 22160K105 2403 3110 SH CALL SOLE 3110 0 0 COVIDIEN PLC SHS COM G2554F105 5185 107140 SH SOLE 107140 0 0 CANADIAN PAC RY LTD COM 13645T100 327 6053 SH SOLE 6053 0 0 COPA HOLDINGS SA COM P31076105 582 10646 SH SOLE 10646 0 0 CAMPBELL SOUP CO COM 134429109 2530 73977 SH SOLE 73977 0 0 CAMPBELL SOUP CO OPTION 134429109 276 689 SH CALL SOLE 689 0 0 CPFL ENERGIA S A COM 126153105 5629 90180 SH SOLE 90180 0 0 CAPELLA EDUCATION COMPANY COM 139594105 240 3185 SH SOLE 3185 0 0 CALPINE CORP COM 131347304 679 61408 SH SOLE 61408 0 0 CORN PRODS INTL INC COM 219023108 821 27490 SH SOLE 27490 0 0 COPART INC COM 217204106 329 8924 SH SOLE 8924 0 0 COMPUWARE CORP COM 205638109 920 125624 SH SOLE 125624 0 0 COMPLETE PRODUCTION SERVICES OPTION 20453E109 473 830 SH CALL SOLE 830 0 0 CHIQUITA BRANDS INTL INC COM 170032809 181 10029 SH SOLE 10029 0 0 CELERA CORP COM 15100E106 72 10276 SH SOLE 10276 0 0 CREE INC COM 225447101 5075 90709 SH SOLE 90709 0 0 CARTER INC COM 146229109 1478 56065 SH SOLE 56065 0 0 CHARLES RIV LABS INTL INC COM 159864107 520 15443 SH SOLE 15443 0 0 SALESFORCE COM INC COM 79466L302 507 6850 SH SOLE 6850 0 0 Manager: BNP Paribas Arbitrage SA Period End Date: Dec 31,2009 Page10 of 37 ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8 - ------------------------------ ------------------ --------- --------- ------------------ ------- -------- --------------------- Value Shrs or SH/ PUT/ Other Voting Authority Name of Issuer Title of Class CUSIP (x$1000) Prn Amt PRN CALL Dscretn Managers Sole Shared None - ------------------------------ ------------------ --------- --------- --------- --- ---- ------- -------- --------- ------ ---- CROCS INC COM 227046109 124 21567 SH SOLE 21567 0 0 CARRIZO OIL & CO INC BOND CV 144577AA1 343500 4000000 PRN SOLE 4000000 0 0 CREDIT SUISSE GROUP COM 225401108 1684 34071 SH SOLE 34071 0 0 COMPUTER SCIENCES CORP COM 205363104 559 9621 SH SOLE 9621 0 0 CISCO SYS INC COM 17275R102 89128 3686039 SH SOLE 3686039 0 0 CISCO SYS INC OPTION 17275R102 3316 28086 SH CALL SOLE 28086 0 0 CISCO SYS INC OPTION 17275R102 7296 88371 SH PUT SOLE 88371 0 0 CAPITALSOURCE INC COM 14055X102 58 14707 SH SOLE 14707 0 0 CSG SYS INTL INC COM 126349109 249 12851 SH SOLE 12851 0 0 COINSTAR INC COM 19259P300 431 15469 SH SOLE 15469 0 0 CSX CORP COM 126408103 4587 93378 SH SOLE 93378 0 0 CSX CORP OPTION 126408103 272 250 SH PUT SOLE 250 0 0 CINTAS CORP COM 172908105 2316 88459 SH SOLE 88459 0 0 COOPER TIRE & RUBR CO COM 216831107 487 24013 SH SOLE 24013 0 0 CELL THERAPEUTICS INC COM NO P COM 150934503 84 73117 SH SOLE 73117 0 0 CENTURYTEL INC COM 156700106 2572 70399 SH SOLE 70399 0 0 COGNIZANT TECHNOLOGY SOLUTIO COM 192446102 3967 87215 SH SOLE 87215 0 0 COMMSCOPE INC COM 203372107 234 8800 SH SOLE 8800 0 0 CITRIX SYS INC COM 177376100 1019 24155 SH SOLE 24155 0 0 COUSINS PPTYS INC COM 222795106 94 12291 SH SOLE 12291 0 0 COVANTA HLDG CORP COM 22282E102 10469 575193 SH SOLE 575193 0 0 CVB FINL CORP COM 126600105 89 10063 SH SOLE 10063 0 0 CABLEVISION SYS CORP COM 12686C109 1202 46129 SH SOLE 46129 0 0 COVANCE INC COM 222816100 950 17406 SH SOLE 17406 0 0 CENOVUS ENERGY INC COM 15135U109 1038 42108 SH SOLE 42108 0 0 COVENTRY HEALTH CARE INC COM 222862104 615 24903 SH SOLE 24903 0 0 CVS CAREMARK CORPORATION COM 126650100 30757 940285 SH SOLE 940285 0 0 CVS CAREMARK CORPORATION OPTION 126650100 915 6681 SH CALL SOLE 6681 0 0 CVS CAREMARK CORPORATION OPTION 126650100 2801 17273 SH PUT SOLE 17273 0 0 CHEVRON CORP NEW COM 166764100 43021 554041 SH SOLE 554041 0 0 CHEVRON CORP NEW OPTION 166764100 3142 11101 SH CALL SOLE 11101 0 0 CHEVRON CORP NEW OPTION 166764100 6581 18470 SH PUT SOLE 18470 0 0 CURTISS WRIGHT CORP COM 231561101 352 11130 SH SOLE 11130 0 0 COLDWATER CREEK INC COM 193068103 49 11001 SH SOLE 11001 0 0 CEMEX SAB DE CV SPON COM 151290889 3272 272687 SH SOLE 272687 0 0 CONCHO RES INC COM 20605P101 7041 156805 SH SOLE 156805 0 0 CYPRESS SEMICONDUCTOR CORP COM 232806109 630 58454 SH SOLE 58454 0 0 COMMUNITY HEALTH SYS INC NEW COM 203668108 558 15333 SH SOLE 15333 0 0 CYTEC INDS INC COM 232820100 490 13308 SH SOLE 13308 0 0 COSAN LTD SHS A COM G25343107 4048 466354 SH SOLE 466354 0 0 DOMINION RES INC VA NEW COM 25746U109 10250 259506 SH SOLE 259506 0 0 DAIMLER AG REG SHS COM D1668R123 2228 41687 SH SOLE 41687 0 0 DELTA AIR LINES INC DEL COM 247361702 436 38389 SH SOLE 38389 0 0 DANA HOLDING CORP COM 235825205 557 51403 SH SOLE 51403 0 0 DARLING INTL INC COM 237266101 3865 461182 SH SOLE 461182 0 0 DEUTSCHE BANK AG NAMEN AKT COM D18190898 4725 66098 SH SOLE 66098 0 0 DRESS BARN INC COM 261570105 478 20536 SH SOLE 20536 0 0 DRESS BARN INC BOND CV 261570AB1 2351193 10514000 PRN SOLE 10514000 0 0 DONALDSON INC COM 257651109 3129 72733 SH SOLE 72733 0 0 DCT INDUSTRIAL TRUST INC COM 233153105 89 17780 SH SOLE 17780 0 0 DU PONT E I DE NEMOURS & CO COM 263534109 21846 641581 SH SOLE 641581 0 0 DU PONT E I DE NEMOURS & CO OPTION 263534109 1472 13939 SH PUT SOLE 13939 0 0 DU PONT E I DE NEMOURS & CO OPTION 263534109 858 6550 SH CALL SOLE 6550 0 0 DEVELOPERS DIVERSIFIED RLTY COM 251591103 10436 1112540 SH SOLE 1112540 0 0 Manager: BNP Paribas Arbitrage SA Period End Date: Dec 31,2009 Page11 of 37 ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8 - ------------------------------ ------------------ --------- --------- ------------------ ------- -------- --------------------- Value Shrs or SH/ PUT/ Other Voting Authority Name of Issuer Title of Class CUSIP (x$1000) Prn Amt PRN CALL Dscretn Managers Sole Shared None - ------------------------------ ------------------ --------- --------- --------- --- ---- ------- -------- --------- ------ ---- DEERE & CO COM 244199105 14544 265543 SH SOLE 265543 0 0 DECKERS OUTDOOR CORP COM 243537107 202 1947 SH SOLE 1947 0 0 ETABLISSEMENTS DELHAIZE FRER COM 29759W101 1003 13000 SH SOLE 13000 0 0 DELL INC COM 24702R101 29718 2009363 SH SOLE 2009363 0 0 DELL INC OPTION 24702R101 1545 13381 SH CALL SOLE 13381 0 0 DELL INC OPTION 24702R101 4914 26468 SH PUT SOLE 26468 0 0 DENNYS CORP COM 24869P104 26 11902 SH SOLE 11902 0 0 DEAN FOODS CO NEW COM 242370104 250 13844 SH SOLE 13844 0 0 DISCOVER FINL SVCS COM 254709108 844 57010 SH SOLE 57010 0 0 QUEST DIAGNOSTICS INC COM 74834L100 3153 51440 SH SOLE 51440 0 0 D R HORTON INC COM 23331A109 14232 1294961 SH SOLE 1294961 0 0 D R HORTON INC OPTION 23331A109 1926 9047 SH PUT SOLE 9047 0 0 DANAHER CORP DEL COM 235851102 2325 30675 SH SOLE 30675 0 0 DIAMONDS TR UNIT SER 1 COM 252787106 116748 1109557 SH SOLE 1109557 0 0 DIAMONDS TR UNIT SER 1 OPTION 252787106 1885 7000 SH CALL SOLE 7000 0 0 DIAMONDS TR UNIT SER 1 OPTION 252787106 1940 13362 SH PUT SOLE 13362 0 0 DIODES INC COM 254543101 580 28055 SH SOLE 28055 0 0 DISNEY WALT CO COM DISNEY COM 254687106 14078 436123 SH SOLE 436123 0 0 DISNEY WALT CO COM DISNEY OPTION 254687106 1646 28539 SH PUT SOLE 28539 0 0 DISNEY WALT CO COM DISNEY OPTION 254687106 5935 12052 SH CALL SOLE 12052 0 0 DISCOVERY COMMUNICATNS NEW COM COM 25470F104 1413 45926 SH SOLE 45926 0 0 DISCOVERY COMMUNICATNS NEW COM COM 25470F302 653 24811 SH SOLE 24811 0 0 DISH NETWORK CORP COM 25470M109 1375 64990 SH SOLE 64990 0 0 DOLBY LABORATORIES INC COM 25659T107 729 15285 SH SOLE 15285 0 0 DEL MONTE FOODS CO COM 24522P103 117 10092 SH SOLE 10092 0 0 DIGITAL RLTY TR INC COM 253868103 1193 23720 SH SOLE 23720 0 0 DOLLAR TREE INC COM 256746108 1019 20935 SH SOLE 20935 0 0 DELUXE CORP COM 248019101 3915 255531 SH SOLE 255531 0 0 DUN & BRADSTREET CORP DEL NE COM 26483E100 738 8720 SH SOLE 8720 0 0 DENDREON CORP BOND CV 24823QAB3 2048200 7600000 PRN SOLE 7600000 0 0 DIONEX CORP COM 254546104 3048 41251 SH SOLE 41251 0 0 DENBURY RES INC COM 247916208 879 59004 SH SOLE 59004 0 0 DIAMOND OFFSHORE DRILLING IN COM 25271C102 2022 20330 SH SOLE 20330 0 0 DOVER CORP COM 260003108 843 19989 SH SOLE 19989 0 0 DOW CHEM CO COM 260543103 44269 1564846 SH SOLE 1564846 0 0 DOW CHEM CO OPTION 260543103 1691 12938 SH PUT SOLE 12938 0 0 DOW CHEM CO OPTION 260543103 1717 4723 SH CALL SOLE 4723 0 0 DOW 30SM ENHANCED PREM & INC COM 260537105 121 10815 SH SOLE 10815 0 0 DR PEPPER SNAPPLE GROUP INC COM 26138E109 1298 45033 SH SOLE 45033 0 0 DELTA PETE CORP COM 247907207 23 20035 SH SOLE 20035 0 0 DOMINOS PIZZA INC COM 25754A201 241 28707 SH SOLE 28707 0 0 DRESSER-RAND GROUP INC COM 261608103 206 6405 SH SOLE 6405 0 0 DUKE REALTY CORP COM 264411505 4434 353616 SH SOLE 353616 0 0 DARDEN RESTAURANTS INC COM 237194105 548 15554 SH SOLE 15554 0 0 DARDEN RESTAURANTS INC OPTION 237194105 205 3228 SH CALL SOLE 3228 0 0 DARDEN RESTAURANTS INC OPTION 237194105 423 3228 SH PUT SOLE 3228 0 0 DIGITAL RIV INC COM 25388B104 1138 42188 SH SOLE 42188 0 0 DRIL-QUIP INC COM 262037104 3385 59941 SH SOLE 59941 0 0 DST SYS INC DEL COM 233326107 754 17322 SH SOLE 17322 0 0 DEUTSCHE TELEKOM AG COM 251566105 2393 161660 SH SOLE 161660 0 0 DTE ENERGY CO COM 233331107 2494 56239 SH SOLE 56239 0 0 DIRECTV COM COM 25490A101 14912 445790 SH SOLE 445790 0 0 DIRECTV COM OPTION 25490A101 601 8750 SH PUT SOLE 8750 0 0 DUKE ENERGY CORP NEW COM 26441C105 19309 1108421 SH SOLE 1108421 0 0 Manager: BNP Paribas Arbitrage SA Period End Date: Dec 31,2009 Page12 of 37 ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8 - ------------------------------ ------------------ --------- --------- ------------------ ------- -------- --------------------- Value Shrs or SH/ PUT/ Other Voting Authority Name of Issuer Title of Class CUSIP (x$1000) Prn Amt PRN CALL Dscretn Managers Sole Shared None - ------------------------------ ------------------ --------- --------- --------- --- ---- ------- -------- --------- ------ ---- DEVRY INC DEL COM 251893103 526 9277 SH SOLE 9277 0 0 DAVITA INC COM 23918K108 2509 42722 SH SOLE 42722 0 0 COHEN & STEERS DIV MJRS FDIN COM 19248G106 201 19200 SH SOLE 19200 0 0 DEVON ENERGY CORP NEW COM 25179M103 56022 756232 SH SOLE 756232 0 0 DEVON ENERGY CORP NEW OPTION 25179M103 512 4325 SH PUT SOLE 4325 0 0 DEVON ENERGY CORP NEW OPTION 25179M103 2320 2136 SH CALL SOLE 2136 0 0 CAL DIVE INTL INC DEL COM 12802T101 390 51943 SH SOLE 51943 0 0 DYNEGY INC DEL COM 26817G102 7143 3882229 SH SOLE 3882229 0 0 ENI S P A COM 26874R108 2364 46331 SH SOLE 46331 0 0 ENCORE ACQUISITION CO COM 29255W100 283 5868 SH SOLE 5868 0 0 EBAY INC COM 278642103 12489 524758 SH SOLE 524758 0 0 EBAY INC OPTION 278642103 1215 37508 SH PUT SOLE 37508 0 0 EBAY INC OPTION 278642103 3416 8061 SH CALL SOLE 8061 0 0 CENTRAIS ELETRICAS BRASILEIR COM 15234Q207 2970 140807 SH SOLE 140807 0 0 ECOPETROL S A COM 279158109 721 29700 SH SOLE 29700 0 0 ENCANA CORP COM 292505104 1231 37914 SH SOLE 37914 0 0 ENCANA CORP OPTION 292505104 475 1953 SH PUT SOLE 1953 0 0 ECOLAB INC COM 278865100 598 13236 SH SOLE 13236 0 0 CONSOLIDATED EDISON INC COM 209115104 5694 123432 SH SOLE 123432 0 0 DIREXION SHS ETF TR DLY EMRGMK COM 25459W409 338 67117 SH SOLE 67117 0 0 EVERGREEN ENERGY INC COM 30024B104 11 30744 SH SOLE 30744 0 0 ISHARES TR INDEX MSCI EMERG MKTCOM 464287234 171030 4135166 SH SOLE 4135166 0 0 ISHARES TR INDEX MSCI EMERG MKTOPTION 464287234 1129 2000 SH CALL SOLE 2000 0 0 ISHARES TR INDEX MSCI EMERG MKTOPTION 464287234 1045 2000 SH PUT SOLE 2000 0 0 PROSHARES TR PSHS UT SHT MSCI COM 74347R354 774 70579 SH SOLE 70579 0 0 ISHARES TR INDEX MSCI EAFE IDX COM 464287465 51412 923521 SH SOLE 923521 0 0 ISHARES TR INDEX MSCI EAFE IDX OPTION 464287465 870 38229 SH PUT SOLE 38229 0 0 EATON VANCE SR FLTNG RTE TR COM 27828Q105 1021 70000 SH SOLE 70000 0 0 EATON VANCE FLTING RATE INC COM 278279104 1416 100000 SH SOLE 100000 0 0 EQUIFAX INC COM 294429105 507 16127 SH SOLE 16127 0 0 ENERGEN CORP COM 29265N108 688 14693 SH SOLE 14693 0 0 VAALCO ENERGY INC COM 91851C201 220 46797 SH SOLE 46797 0 0 EMPLOYERS HOLDINGS INC COM 292218104 16961 1105650 SH SOLE 1105650 0 0 EDISON INTL COM 281020107 7394 209293 SH SOLE 209293 0 0 EASTMAN KODAK CO COM 277461109 12781 2944868 SH SOLE 2944868 0 0 EASTMAN KODAK CO OPTION 277461109 674 6743 SH CALL SOLE 6743 0 0 EASTMAN KODAK CO OPTION 277461109 12526 27009 SH PUT SOLE 27009 0 0 LAUDER ESTEE COS INC COM 518439104 457 9291 SH SOLE 9291 0 0 EARTHLINK INC COM 270321102 451 53782 SH SOLE 53782 0 0 E M C CORP MASS COM 268648102 21282 1204406 SH SOLE 1204406 0 0 E M C CORP MASS OPTION 268648102 1499 9005 SH CALL SOLE 9005 0 0 E M C CORP MASS OPTION 268648102 360 18217 SH PUT SOLE 18217 0 0 EMCOR GROUP INC COM 29084Q100 255 9261 SH SOLE 9261 0 0 EASTMAN CHEM CO COM 277432100 756 12351 SH SOLE 12351 0 0 EMERSON ELEC CO COM 291011104 6797 156827 SH SOLE 156827 0 0 EMERSON ELEC CO OPTION 291011104 771 873 SH CALL SOLE 873 0 0 ENDO PHARMACEUTICALS HLDGS I COM 29264F205 1395 67556 SH SOLE 67556 0 0 ENERGY CONVERSION DEVICES IN COM 292659109 2165 205063 SH SOLE 205063 0 0 ENERSIS S A COM 29274F104 5729 251275 SH SOLE 251275 0 0 ENERNOC INC COM 292764107 265 8728 SH SOLE 8728 0 0 ENERGIZER HLDGS INC COM 29266R108 980 15657 SH SOLE 15657 0 0 EMPRESA NACIONAL DE ELCTRCID COM 29244T101 213 4200 SH SOLE 4200 0 0 EOG RES INC COM 26875P101 34838 352571 SH SOLE 352571 0 0 EOG RES INC OPTION 26875P101 4561 1496 SH CALL SOLE 1496 0 0 Manager: BNP Paribas Arbitrage SA Period End Date: Dec 31,2009 Page13 of 37 ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8 - ------------------------------ ------------------ --------- --------- ------------------ ------- -------- --------------------- Value Shrs or SH/ PUT/ Other Voting Authority Name of Issuer Title of Class CUSIP (x$1000) Prn Amt PRN CALL Dscretn Managers Sole Shared None - ------------------------------ ------------------ --------- --------- --------- --- ---- ------- -------- --------- ------ ---- EL PASO CORP COM 28336L109 8600 865222 SH SOLE 865222 0 0 EL PASO CORP OPTION 28336L109 1538 7492 SH PUT SOLE 7492 0 0 WISDOMTREE TRUST INDIA ERNGS FDCOM 97717W422 1088 49300 SH SOLE 49300 0 0 EPICOR SOFTWARE CORP BOND CV 29426LAA6 678000 8000000 PRN SOLE 8000000 0 0 ISHARES INC MSCI PAC J IDX COM 464286665 704 17000 SH SOLE 17000 0 0 EQUINIX INC COM 29444U502 689 6445 SH SOLE 6445 0 0 EQUITY RESIDENTIAL SH BEN INT COM 29476L107 1085 31036 SH SOLE 31036 0 0 EQT CORP COM 26884L109 4280 96052 SH SOLE 96052 0 0 ERICSSON L M TEL CO COM 294821608 113 12187 SH SOLE 12187 0 0 ELECTRONIC ARTS INC COM 285512109 613 33659 SH SOLE 33659 0 0 ENERGYSOLUTIONS INC COM 292756202 2030 239436 SH SOLE 239436 0 0 ITT EDUCATIONAL SERVICES INC COM 45068B109 788 8165 SH SOLE 8165 0 0 ESTERLINE TECHNOLOGIES CORP COM 297425100 556 13627 SH SOLE 13627 0 0 EVERGREEN SOLAR INC COM 30033R108 2154 1389724 SH SOLE 1389724 0 0 EXPRESS SCRIPTS INC COM 302182100 6144 69939 SH SOLE 69939 0 0 E TRADE FINANCIAL CORP COM 269246104 1196 675511 SH SOLE 675511 0 0 EATON CORP COM 278058102 2451 38248 SH SOLE 38248 0 0 ENTERGY CORP NEW COM 29364G103 8954 107774 SH SOLE 107774 0 0 EATON VANCE CORP COM NON VTG COM 278265103 811 26478 SH SOLE 26478 0 0 EATON VANCE SR INCOME TR SH BE COM 27826S103 1252 200000 SH SOLE 200000 0 0 EATON VANCE LTD DUR INCOME F COM 27828H105 1341 90000 SH SOLE 90000 0 0 EDWARDS LIFESCIENCES CORP COM 28176E108 907 10359 SH SOLE 10359 0 0 ISHARES INC MSCI AUSTRALIA COM 464286103 2166 95000 SH SOLE 95000 0 0 ISHARES INC MSCI AUSTRALIA OPTION 464286103 320 4000 SH CALL SOLE 4000 0 0 ISHARES INC MSCI CDA INDEX COM 464286509 431 16474 SH SOLE 16474 0 0 ISHARES INC MSCI HONG KONG COM 464286871 4654 296060 SH SOLE 296060 0 0 ISHARES INC MSCI HONG KONG OPTION 464286871 265 5000 SH CALL SOLE 5000 0 0 ISHARES INC MSCI HONG KONG OPTION 464286871 425 5000 SH PUT SOLE 5000 0 0 ISHARES INC MSCI JAPAN COM 464286848 3601 366717 SH SOLE 366717 0 0 ISHARES INC MSCI JAPAN OPTION 464286848 178 18750 SH CALL SOLE 18750 0 0 ISHARES INC MSCI JAPAN OPTION 464286848 220 8150 SH PUT SOLE 8150 0 0 ISHARES INC MSCI MALAYSIA COM 464286830 1000 93700 SH SOLE 93700 0 0 ISHARES INC MSCI TAIWAN COM 464286731 1568 122310 SH SOLE 122310 0 0 ISHARES INC MSCI UTD KINGD COM 464286699 357 21868 SH SOLE 21868 0 0 ISHARES INC MSCI MEX INVEST COM 464286822 43870 891117 SH SOLE 891117 0 0 ISHARES INC MSCI S KOREA COM 464286772 2186 45900 SH SOLE 45900 0 0 ISHARES INC MSCI BRAZIL COM 464286400 155724 2089417 SH SOLE 2089417 0 0 EXELON CORP COM 30161N101 23750 480769 SH SOLE 480769 0 0 EXELIXIS INC COM 30161Q104 103 13593 SH SOLE 13593 0 0 EAGLE MATERIALS INC COM 26969P108 202 7748 SH SOLE 7748 0 0 EXPEDITORS INTL WASH INC COM 302130109 935 26396 SH SOLE 26396 0 0 EXPEDIA INC DEL COM 30212P105 2020 76324 SH SOLE 76324 0 0 EXTREME NETWORKS INC COM 30226D106 31 10716 SH SOLE 10716 0 0 ISHARES INC MSCI STH AFRCA COM 464286780 400 7105 SH SOLE 7105 0 0 FORD MTR CO DEL PAR $0.01 COM 345370860 25560 2558605 SH SOLE 2558605 0 0 FORD MTR CO DEL PAR $0.01 OPTION 345370860 1559 43396 SH PUT SOLE 43396 0 0 FORD MTR CO DEL PAR $0.01 OPTION 345370860 2120 8690 SH CALL SOLE 8690 0 0 FIRST AMERN CORP CALIF COM 318522307 830 25062 SH SOLE 25062 0 0 FASTENAL CO COM 311900104 1306 31110 SH SOLE 31110 0 0 FASTENAL CO OPTION 311900104 286 1079 SH CALL SOLE 1079 0 0 FASTENAL CO OPTION 311900104 322 1722 SH PUT SOLE 1722 0 0 DIREXION SHS ETF TR DLY FIN BE OPTION 25459W490 1525 500 SH PUT SOLE 500 0 0 FIRST COMWLTH FINL CORP PA COM 319829107 47 10153 SH SOLE 10153 0 0 FELCOR LODGING TR INC COM 31430F101 53 14034 SH SOLE 14034 0 0 Manager: BNP Paribas Arbitrage SA Period End Date: Dec 31,2009 Page14 of 37 ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8 - ------------------------------ ------------------ --------- --------- ------------------ ------- -------- --------------------- Value Shrs or SH/ PUT/ Other Voting Authority Name of Issuer Title of Class CUSIP (x$1000) Prn Amt PRN CALL Dscretn Managers Sole Shared None - ------------------------------ ------------------ --------- --------- --------- --- ---- ------- -------- --------- ------ ---- FIRST TR FOUR CRNRS SR FLT R C COM 33733Q107 604 50000 SH SOLE 50000 0 0 ABERDEEN GLOBAL INCOME FD IN COM 003013109 748 60000 SH SOLE 60000 0 0 FAIRCHILD SEMICONDUCTOR INTL COM 303726103 280 27531 SH SOLE 27531 0 0 FIRST TR/FOUR CRNRS SR FLOAT COM 33733U108 833 70000 SH SOLE 70000 0 0 FREEPORT-MCMORAN COPPER & GO COM 35671D857 11340 140204 SH SOLE 140204 0 0 FREEPORT-MCMORAN COPPER & GO OPTION 35671D857 253 9947 SH PUT SOLE 9947 0 0 FREEPORT-MCMORAN COPPER & GO OPTION 35671D857 21225 5681 SH CALL SOLE 5681 0 0 FAMILY DLR STORES INC COM 307000109 3167 112848 SH SOLE 112848 0 0 FRESH DEL MONTE PRODUCE INC COM G36738105 643 28274 SH SOLE 28274 0 0 FACTSET RESH SYS INC COM 303075105 603 9068 SH SOLE 9068 0 0 FEDEX CORP COM 31428X106 14369 168708 SH SOLE 168708 0 0 FEDEX CORP OPTION 31428X106 313 4795 SH PUT SOLE 4795 0 0 FEDEX CORP OPTION 31428X106 699 376 SH CALL SOLE 376 0 0 FIRSTENERGY CORP COM 337932107 5589 117689 SH SOLE 117689 0 0 F5 NETWORKS INC COM 315616102 205 3867 SH SOLE 3867 0 0 FIRST HORIZON NATL CORP COM 320517105 761 56385 SH SOLE 56385 0 0 FEDERATED INVS INC PA CL B COM 314211103 482 17283 SH SOLE 17283 0 0 FIDELITY NATL INFORMATION SV COM 31620M106 3143 134081 SH SOLE 134081 0 0 FISERV INC COM 337738108 885 18027 SH SOLE 18027 0 0 FIFTH THIRD BANCORP COM 316773100 2397 244888 SH SOLE 244888 0 0 FIFTH THIRD BANCORP OPTION 316773100 491 1384 SH PUT SOLE 1384 0 0 FOOT LOCKER INC COM 344849104 3524 310767 SH SOLE 310767 0 0 FOOT LOCKER INC OPTION 344849104 228 3500 SH PUT SOLE 3500 0 0 FLEXTRONICS INTL LTD COM Y2573F102 2887 390115 SH SOLE 390115 0 0 FLIR SYS INC COM 302445101 7604 229110 SH SOLE 229110 0 0 FLUOR CORP NEW COM 343412102 3194 70586 SH SOLE 70586 0 0 FLOWSERVE CORP COM 34354P105 3554 37061 SH SOLE 37061 0 0 F M C CORP COM 302491303 409 7241 SH SOLE 7241 0 0 FOCUS MEDIA HLDG LTD COM 34415V109 200 12940 SH SOLE 12940 0 0 FRESENIUS MED CARE AG&CO KGA COM 358029106 1191 22338 SH SOLE 22338 0 0 FOMENTO ECONOMICO MEXICANO S S COM 344419106 1295 27107 SH SOLE 27107 0 0 FOMENTO ECONOMICO MEXICANO S S OPTION 344419106 1914 5800 SH CALL SOLE 5800 0 0 FEDERAL NATL MTG ASSN CONV PFD COM 313586745 885 497297 SH SOLE 497297 0 0 FIDELITY NATIONAL FINANCIAL COM 31620R105 778 57234 SH SOLE 57234 0 0 FEDERAL NATL MTG ASSN COM 313586109 600 517499 SH SOLE 517499 0 0 FEDERAL NATL MTG ASSN OPTION 313586109 279 302 SH PUT SOLE 302 0 0 FORTUNE BRANDS INC COM 349631101 596 13778 SH SOLE 13778 0 0 FOSSIL INC COM 349882100 422 12409 SH SOLE 12409 0 0 DIREXION SHS ETF TR DLY FIN BE OPTION 25459W490 36 14812 SH CALL SOLE 14812 0 0 FPL GROUP INC COM 302571104 15414 287036 SH SOLE 287036 0 0 BLACKROCK FLOAT RATE OME STR COM 09255X100 996 70000 SH SOLE 70000 0 0 BLACKROCK FL RATE OME STRA I C COM 09255Y108 1030 75000 SH SOLE 75000 0 0 FEDERAL HOME LN MTG CORP COM 313400301 292 205916 SH SOLE 205916 0 0 FEDERAL REALTY INVT TR SH BEN COM 313747206 610 9002 SH SOLE 9002 0 0 FOREST LABS INC COM 345838106 2504 77150 SH SOLE 77150 0 0 FIRST SOLAR INC COM 336433107 17954 131249 SH SOLE 131249 0 0 FIRST SOLAR INC OPTION 336433107 973 1065 SH PUT SOLE 1065 0 0 FEDERAL SIGNAL CORP COM 313855108 61 10144 SH SOLE 10144 0 0 FOREST OIL CORP PAR $0.01 COM 346091705 2549 111010 SH SOLE 111010 0 0 FRANCE TELECOM COM 35177Q105 2047 80262 SH SOLE 80262 0 0 FMC TECHNOLOGIES INC COM 30249U101 2112 36177 SH SOLE 36177 0 0 FRONTIER OIL CORP COM 35914P105 175 14642 SH SOLE 14642 0 0 FRONTIER COMMUNICATIONS CORP COM 35906A108 629 80974 SH SOLE 80974 0 0 FULTON FINL CORP PA COM 360271100 151 17365 SH SOLE 17365 0 0 Manager: BNP Paribas Arbitrage SA Period End Date: Dec 31,2009 Page15 of 37 ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8 - ------------------------------ ------------------ --------- --------- ------------------ ------- -------- --------------------- Value Shrs or SH/ PUT/ Other Voting Authority Name of Issuer Title of Class CUSIP (x$1000) Prn Amt PRN CALL Dscretn Managers Sole Shared None - ------------------------------ ------------------ --------- --------- --------- --- ---- ------- -------- --------- ------ ---- FOSTER WHEELER AG COM H27178104 601 19977 SH SOLE 19977 0 0 CURRENCYSHARES EURO TR EURO SHSCOM 23130C108 716 5000 SH SOLE 5000 0 0 ISHARES TR INDEX FTSE XNHUA IDXCOM 464287184 6019 143283 SH SOLE 143283 0 0 ISHARES TR INDEX FTSE XNHUA IDXOPTION 464287184 4504 8250 SH CALL SOLE 8250 0 0 ISHARES TR INDEX FTSE XNHUA IDXOPTION 464287184 836 26789 SH PUT SOLE 26789 0 0 PROSHARES TR PSHS UL XIN CH25 COM 74347R321 269 31633 SH SOLE 31633 0 0 NICOR INC COM 654086107 643 14928 SH SOLE 14928 0 0 DWS GLOBAL COMMODITIES STK F COM 23338Y100 2175 261768 SH SOLE 261768 0 0 GENERAL DYNAMICS CORP COM 369550108 4890 71181 SH SOLE 71181 0 0 GABELLI DIVD & INCOME TR COM 36242H104 236 18000 SH SOLE 18000 0 0 MARKET VECTORS ETF TR GOLD MIN COM 57060U100 3148 68625 SH SOLE 68625 0 0 MARKET VECTORS ETF TR GOLD MIN OPTION 57060U100 202 1500 SH PUT SOLE 1500 0 0 GENERAL ELECTRIC CO COM 369604103 125555 8179511 SH SOLE 8179511 0 0 GENERAL ELECTRIC CO OPTION 369604103 3721 16000 SH CALL SOLE 16000 0 0 GENERAL ELECTRIC CO OPTION 369604103 2345 62568 SH CALL SOLE 62568 0 0 GENERAL ELECTRIC CO OPTION 369604103 26943 125183 SH PUT SOLE 125183 0 0 GENZYME CORP COM 372917104 15634 314246 SH SOLE 314246 0 0 GENZYME CORP OPTION 372917104 231 1180 SH CALL SOLE 1180 0 0 GENZYME CORP OPTION 372917104 3002 3059 SH PUT SOLE 3059 0 0 GERON CORP COM 374163103 62 10909 SH SOLE 10909 0 0 GUESS INC COM 401617105 1149 26900 SH SOLE 26900 0 0 GAFISA S A SPONS COM 362607301 1947 60166 SH SOLE 60166 0 0 GOLD FIELDS LTD NEW COM 38059T106 3279 253812 SH SOLE 253812 0 0 GOLDCORP INC NEW COM 380956409 11217 287981 SH SOLE 287981 0 0 GOLDCORP INC NEW OPTION 380956409 837 2438 SH PUT SOLE 2438 0 0 GERDAU S A COM 373737105 13119 766757 SH SOLE 766757 0 0 GERDAU S A OPTION 373737105 980 2000 SH CALL SOLE 2000 0 0 GILEAD SCIENCES INC COM 375558103 23123 527925 SH SOLE 527925 0 0 GILEAD SCIENCES INC OPTION 375558103 1514 7785 SH PUT SOLE 7785 0 0 GENERAL MLS INC COM 370334104 1145 15940 SH SOLE 15940 0 0 GLOBAL INDS LTD COM 379336100 85 11959 SH SOLE 11959 0 0 SPDR GOLD TRUST GOLD SHS COM 78463V107 142708 1334595 SH SOLE 1334595 0 0 CORNING INC COM 219350105 4548 235162 SH SOLE 235162 0 0 CORNING INC OPTION 219350105 533 2635 SH CALL SOLE 2635 0 0 CORNING INC OPTION 219350105 1084 1450 SH PUT SOLE 1450 0 0 GREEN MTN COFFEE ROASTERS IN COM 393122106 536 6702 SH SOLE 6702 0 0 GREEN MTN COFFEE ROASTERS IN OPTION 393122106 274 119 SH CALL SOLE 119 0 0 GAMESTOP CORP NEW COM 36467W109 1299 58577 SH SOLE 58577 0 0 GENTEX CORP COM 371901109 274 15341 SH SOLE 15341 0 0 GENWORTH FINL INC COM COM 37247D106 918 79071 SH SOLE 79071 0 0 GOL LINHAS AEREAS INTLG S A SP COM 38045R107 4982 326487 SH SOLE 326487 0 0 RANDGOLD RES LTD OPTION 752344309 2716 900 SH CALL SOLE 900 0 0 GOOGLE INC COM 38259P508 154541 248167 SH SOLE 248167 0 0 GOOGLE INC OPTION 38259P508 3870 5988 SH PUT SOLE 5988 0 0 GOOGLE INC OPTION 38259P508 28481 4051 SH CALL SOLE 4051 0 0 GENUINE PARTS CO COM 372460105 1359 35359 SH SOLE 35359 0 0 GROUP 1 AUTOMOTIVE INC OPTION 398905109 320 670 SH CALL SOLE 670 0 0 GRAPHIC PACKAGING HLDG CO COM 388689101 45 12956 SH SOLE 12956 0 0 GLOBAL PMTS INC COM 37940X102 283 5231 SH SOLE 5231 0 0 GEN-PROBE INC NEW COM 36866T103 386 8929 SH SOLE 8929 0 0 GAP INC DEL COM 364760108 4357 204921 SH SOLE 204921 0 0 GARMIN LTD OPTION G37260109 949 853 SH PUT SOLE 853 0 0 GOODRICH CORP COM 382388106 991 15342 SH SOLE 15342 0 0 GRACE W R & CO DEL NEW COM 38388F108 222 8484 SH SOLE 8484 0 0 Manager: BNP Paribas Arbitrage SA Period End Date: Dec 31,2009 Page16 of 37 ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8 - ------------------------------ ------------------ --------- --------- ------------------ ------- -------- --------------------- Value Shrs or SH/ PUT/ Other Voting Authority Name of Issuer Title of Class CUSIP (x$1000) Prn Amt PRN CALL Dscretn Managers Sole Shared None - ------------------------------ ------------------ --------- --------- --------- --- ---- ------- -------- --------- ------ ---- GARMIN LTD COM G37260109 2511 79659 SH SOLE 79659 0 0 GOLDMAN SACHS GROUP INC COM 38141G104 62971 377750 SH SOLE 377750 0 0 GOLDMAN SACHS GROUP INC OPTION 38141G104 5110 6961 SH CALL SOLE 6961 0 0 GOLDMAN SACHS GROUP INC OPTION 38141G104 4287 14911 SH PUT SOLE 14911 0 0 GLAXOSMITHKLINE PLC COM 37733W105 5308 124904 SH SOLE 124904 0 0 GASTAR EXPL LTD COM 367299203 105 21959 SH SOLE 21959 0 0 GOODYEAR TIRE & RUBR CO COM 382550101 3260 225906 SH SOLE 225906 0 0 GOODYEAR TIRE & RUBR CO OPTION 382550101 488 1250 SH CALL SOLE 1250 0 0 GOODYEAR TIRE & RUBR CO OPTION 382550101 624 1895 SH PUT SOLE 1895 0 0 GRAN TIERRA ENERGY INC COM 38500T101 89 15413 SH SOLE 15413 0 0 GRAFTECH INTL LTD COM 384313102 562 35419 SH SOLE 35419 0 0 GRANITE CONSTR INC COM 387328107 300 8766 SH SOLE 8766 0 0 GRAINGER W W INC COM 384802104 2880 29477 SH SOLE 29477 0 0 GENCORP INC COM 368682100 369 52483 SH SOLE 52483 0 0 GYMBOREE CORP COM 403777105 503 11563 SH SOLE 11563 0 0 HALLIBURTON CO COM 406216101 34571 1153521 SH SOLE 1153521 0 0 HALLIBURTON CO OPTION 406216101 3228 15784 SH CALL SOLE 15784 0 0 HALLIBURTON CO OPTION 406216101 4048 27231 SH PUT SOLE 27231 0 0 HANSEN NAT CORP COM 411310105 606 15575 SH SOLE 15575 0 0 HARMAN INTL INDS INC COM 413086109 1116 31467 SH SOLE 31467 0 0 HUNTINGTON BANCSHARES INC COM 446150104 487 132458 SH SOLE 132458 0 0 HSBC HLDGS PLC SPON COM 404280406 3058 53344 SH SOLE 53344 0 0 HSBC HLDGS PLC SPON OPTION 404280406 529 750 SH CALL SOLE 750 0 0 HANESBRANDS INC COM 410345102 362 14916 SH SOLE 14916 0 0 PROSHARES TR ULT SHR S&P500 OPTION 74347X856 325 5000 SH CALL SOLE 5000 0 0 PROSHARES TR ULT SHR S&P500 OPTION 74347X856 24300 10000 SH PUT SOLE 10000 0 0 HUDSON CITY BANCORP COM 443683107 1325 95996 SH SOLE 95996 0 0 HCC INS HLDGS INC COM 404132102 452 15913 SH SOLE 15913 0 0 HEALTH CARE REIT INC COM 42217K106 1026 22330 SH SOLE 22330 0 0 HCP INC COM 40414L109 3268 107018 SH SOLE 107018 0 0 HOME DEPOT INC COM 437076102 21357 733148 SH SOLE 733148 0 0 HOME DEPOT INC OPTION 437076102 5231 41885 SH CALL SOLE 41885 0 0 HOME DEPOT INC OPTION 437076102 3251 43543 SH PUT SOLE 43543 0 0 HDFC BANK LTD COM 40415F101 12741 98363 SH SOLE 98363 0 0 HECKMANN CORP COM 422680108 56 10955 SH SOLE 10955 0 0 HERCULES OFFSHORE INC COM 427093109 64 12978 SH SOLE 12978 0 0 HESS CORP COM 42809H107 18690 306596 SH SOLE 306596 0 0 HESS CORP OPTION 42809H107 526 3769 SH PUT SOLE 3769 0 0 HESS CORP OPTION 42809H107 448 2492 SH CALL SOLE 2492 0 0 HEWITT ASSOCS INC COM 42822Q100 634 14823 SH SOLE 14823 0 0 HHGREGG INC COM 42833L108 209 9475 SH SOLE 9475 0 0 HUMAN GENOME SCIENCES INC COM 444903108 634 20474 SH SOLE 20474 0 0 HARTFORD FINL SVCS GROUP INC COM 416515104 2243 94636 SH SOLE 94636 0 0 HIGHWOODS PPTYS INC COM 431284108 326 9685 SH SOLE 9685 0 0 PETROHAWK ENERGY CORP COM 716495106 1448 58998 SH SOLE 58998 0 0 HECLA MNG CO COM 422704106 163 26142 SH SOLE 26142 0 0 HECLA MNG CO OPTION 422704106 811 2142 SH CALL SOLE 2142 0 0 HECLA MNG CO 6.5% CONV PFD COM 422704304 3885 60000 SH SOLE 60000 0 0 HERBALIFE LTD COM USD SHS COM G4412G101 263 6461 SH SOLE 6461 0 0 HARMONIC INC COM 413160102 76 11994 SH SOLE 11994 0 0 HEALTHSOUTH CORP COM 421924309 355 18292 SH SOLE 18292 0 0 HELIX ENERGY SOLUTIONS GRP I COM 42330P107 122 10360 SH SOLE 10360 0 0 HEALTH MGMT ASSOC INC NEW COM 421933102 185 25333 SH SOLE 25333 0 0 HEALTH NET INC COM 42222G108 240 10318 SH SOLE 10318 0 0 Manager: BNP Paribas Arbitrage SA Period End Date: Dec 31,2009 Page17 of 37 ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8 - ------------------------------ ------------------ --------- --------- ------------------ ------- -------- --------------------- Value Shrs or SH/ PUT/ Other Voting Authority Name of Issuer Title of Class CUSIP (x$1000) Prn Amt PRN CALL Dscretn Managers Sole Shared None - ------------------------------ ------------------ --------- --------- --------- --- ---- ------- -------- --------- ------ ---- HEINZ H J CO COM 423074103 9498 219701 SH SOLE 219701 0 0 HEINZ H J CO OPTION 423074103 988 3828 SH CALL SOLE 3828 0 0 HARLEY DAVIDSON INC COM 412822108 1444 56627 SH SOLE 56627 0 0 ZHONGPIN INC COM 98952K107 198 12596 SH SOLE 12596 0 0 HOLOGIC INC COM 436440101 1026 70342 SH SOLE 70342 0 0 HOLOGIC INC BOND CV 436440AA9 930588 10900000 PRN SOLE 10900000 0 0 HONEYWELL INTL INC COM 438516106 9513 238957 SH SOLE 238957 0 0 HONEYWELL INTL INC OPTION 438516106 446 4800 SH PUT SOLE 4800 0 0 STARWOOD HOTELS&RESORTS WRLD COM 85590A401 2193 59032 SH SOLE 59032 0 0 HOVNANIAN ENTERPRISES INC COM 442487203 66 16943 SH SOLE 16943 0 0 HELMERICH & PAYNE INC COM 423452101 695 17059 SH SOLE 17059 0 0 HEWLETT PACKARD CO COM 428236103 29979 566392 SH SOLE 566392 0 0 HEWLETT PACKARD CO OPTION 428236103 4715 31583 SH PUT SOLE 31583 0 0 HEWLETT PACKARD CO OPTION 428236103 11891 14630 SH CALL SOLE 14630 0 0 HOSPITALITY PPTYS TR COM SH BE COM 44106M102 1942 81577 SH SOLE 81577 0 0 H & Q HEALTHCARE FD SH BEN INT COM 404052102 848 71556 SH SOLE 71556 0 0 H & Q LIFE SCIENCES INVS SH BE COM 404053100 108 11400 SH SOLE 11400 0 0 BLOCK H & R INC COM 093671105 1415 62477 SH SOLE 62477 0 0 BLOCK H & R INC OPTION 093671105 1069 3822 SH CALL SOLE 3822 0 0 HILL ROM HLDGS INC COM 431475102 411 17149 SH SOLE 17149 0 0 HORMEL FOODS CORP COM 440452100 216 5574 SH SOLE 5574 0 0 HARRIS CORP DEL COM 413875105 995 20783 SH SOLE 20783 0 0 HEALTHSPRING INC COM 42224N101 635 36076 SH SOLE 36076 0 0 HARSCO CORP COM 415864107 751 23293 SH SOLE 23293 0 0 SCHEIN HENRY INC COM 806407102 818 15367 SH SOLE 15367 0 0 HSN INC COM 404303109 267 13823 SH SOLE 13823 0 0 HOSPIRA INC COM 441060100 1045 20453 SH SOLE 20453 0 0 HOST HOTELS & RESORTS INC COM 44107P104 1961 162861 SH SOLE 162861 0 0 HOST HOTELS & RESORTS INC OPTION 44107P104 635 2355 SH CALL SOLE 2355 0 0 HERSHEY CO COM 427866108 2570 70434 SH SOLE 70434 0 0 HUBBELL INC CL B COM 443510201 1450 30650 SH SOLE 30650 0 0 HUMANA INC COM 444859102 1589 35803 SH SOLE 35803 0 0 HUNTSMAN CORP COM 447011107 1255 109648 SH SOLE 109648 0 0 HURON CONSULTING GROUP INC COM 447462102 576 24928 SH SOLE 24928 0 0 HEADWATERS INC COM 42210P102 100 15696 SH SOLE 15696 0 0 HEXCEL CORP NEW COM 428291108 155 11819 SH SOLE 11819 0 0 DESARROLLADORA HOMEX S A DE COM 25030W100 1557 45997 SH SOLE 45997 0 0 IAC INTERACTIVECORP PAR $.001 COM 44919P508 576 27660 SH SOLE 27660 0 0 IAMGOLD CORP COM 450913108 361 23300 SH SOLE 23300 0 0 IAMGOLD CORP OPTION 450913108 242 1350 SH PUT SOLE 1350 0 0 ISHARES TR DJ BROKER-DEAL COM 464288794 9846 350000 SH SOLE 350000 0 0 INTERNATIONAL BUSINESS MACHS COM 459200101 109670 827262 SH SOLE 827262 0 0 INTERNATIONAL BUSINESS MACHS OPTION 459200101 3172 18395 SH PUT SOLE 18395 0 0 INTERNATIONAL BUSINESS MACHS OPTION 459200101 3831 6264 SH CALL SOLE 6264 0 0 ICICI BK LTD COM 45104G104 26406 698395 SH SOLE 698395 0 0 ICICI BK LTD OPTION 45104G104 1979 2000 SH CALL SOLE 2000 0 0 INTERNATIONAL BANCSHARES COR OPTION 459044103 559 1300 SH CALL SOLE 1300 0 0 INTERCONTINENTALEXCHANGE INC COM 45865V100 432 3812 SH SOLE 3812 0 0 ICON PUB LTD CO COM 45103T107 389 17669 SH SOLE 17669 0 0 INTERNATIONAL COAL GRP INC N COM 45928H106 52 13149 SH SOLE 13149 0 0 INTEGRATED DEVICE TECHNOLOGY COM 458118106 319 49052 SH SOLE 49052 0 0 IDEXX LABS INC COM 45168D104 368 6743 SH SOLE 6743 0 0 ISHARES TR INDEX S&P EURO PLUS COM 464287861 588 14956 SH SOLE 14956 0 0 IDEX CORP COM 45167R104 343 11016 SH SOLE 11016 0 0 Manager: BNP Paribas Arbitrage SA Period End Date: Dec 31,2009 Page18 of 37 ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8 - ------------------------------ ------------------ --------- --------- ------------------ ------- -------- --------------------- Value Shrs or SH/ PUT/ Other Voting Authority Name of Issuer Title of Class CUSIP (x$1000) Prn Amt PRN CALL Dscretn Managers Sole Shared None - ------------------------------ ------------------ --------- --------- --------- --- ---- ------- -------- --------- ------ ---- INTERNATIONAL FLAVORS&FRAGRA COM 459506101 235 5648 SH SOLE 5648 0 0 INDIA FD INC COM 454089103 2842 93737 SH SOLE 93737 0 0 ING GLOBAL EQTY DIV & PREM O COM 45684E107 254 20700 SH SOLE 20700 0 0 ISHARES TR INDEX S&P NA NAT RESCOM 464287374 4052 118096 SH SOLE 118096 0 0 INTERNATIONAL GAME TECHNOLOG COM 459902102 18170 962889 SH SOLE 962889 0 0 ISHARES TR INDEX S&P NA SOFTWR COM 464287515 10918 230000 SH SOLE 230000 0 0 ISHARES TR INDEX S&P NA SEMICNDCOM 464287523 19816 400000 SH SOLE 400000 0 0 IHS INC COM 451734107 487 8879 SH SOLE 8879 0 0 MORGAN STANLEY INDIA INVS FD COM 61745C105 985 43600 SH SOLE 43600 0 0 ISHARES TR INDEX S&P SMLCAP 600COM 464287804 2000 35949 SH SOLE 35949 0 0 ISHARES TR INDEX S&P LTN AM 40 COM 464287390 19808 415271 SH SOLE 415271 0 0 ILLUMINA INC COM 452327109 1228 40035 SH SOLE 40035 0 0 INGRAM MICRO INC COM 457153104 802 44813 SH SOLE 44813 0 0 INVERNESS MED INNOVATIONS IN COM 46126P106 383 9143 SH SOLE 9143 0 0 INVERNESS MED INNOVATIONS IN P COM 46126P304 15696 58450 SH SOLE 58450 0 0 INTERMEC INC COM 458786100 325 24395 SH SOLE 24395 0 0 INCYTE CORP COM 45337C102 98 10522 SH SOLE 10522 0 0 INFORMATICA CORP COM 45666Q102 262 9968 SH SOLE 9968 0 0 INFINERA CORPORATION COM 45667G103 92 10289 SH SOLE 10289 0 0 INFOSYS TECHNOLOGIES LTD COM 456788108 29835 535540 SH SOLE 535540 0 0 INFOSYS TECHNOLOGIES LTD OPTION 456788108 1073 605 SH CALL SOLE 605 0 0 ING GROEP N V COM 456837103 2128 213005 SH SOLE 213005 0 0 BARCLAYS BK PLC IPMS INDIA ETN COM 06739F291 543 8496 SH SOLE 8496 0 0 INSMED INC COM 457669208 8 10012 SH SOLE 10012 0 0 WORLD FUEL SVCS CORP COM 981475106 272 10091 SH SOLE 10091 0 0 INTEL CORP COM 458140100 50143 2435303 SH SOLE 2435303 0 0 INTEL CORP OPTION 458140100 14882 52874 SH CALL SOLE 52874 0 0 INTEL CORP OPTION 458140100 7160 59889 SH PUT SOLE 59889 0 0 INTUIT COM 461202103 2546 81969 SH SOLE 81969 0 0 ION GEOPHYSICAL CORP COM 462044108 87 14250 SH SOLE 14250 0 0 INTL PAPER CO COM 460146103 2710 99529 SH SOLE 99529 0 0 INTERPUBLIC GROUP COS INC COM 460690100 5499 755293 SH SOLE 755293 0 0 INTREPID POTASH INC COM 46121Y102 1978 67474 SH SOLE 67474 0 0 INGERSOLL-RAND PLC SHS COM G47791101 3149 87159 SH SOLE 87159 0 0 INLAND REAL ESTATE CORP BOND CV 457461AB7 476875 5000000 PRN SOLE 5000000 0 0 INTERNATIONAL RECTIFIER CORP COM 460254105 923 41846 SH SOLE 41846 0 0 IRON MTN INC COM 462846106 1523 66238 SH SOLE 66238 0 0 ISIS PHARMACEUTICALS INC COM 464330109 752 66826 SH SOLE 66826 0 0 INTUITIVE SURGICAL INC COM 46120E602 1614 5275 SH SOLE 5275 0 0 GARTNER INC COM 366651107 682 36982 SH SOLE 36982 0 0 ITC HLDGS CORP COM 465685105 831 15872 SH SOLE 15872 0 0 ITRON INC COM 465741106 2544 37000 SH SOLE 37000 0 0 ITT CORP NEW COM 450911102 6484 127936 SH SOLE 127936 0 0 ITAU UNIBANCO HLDG SA SPON COM 465562106 43038 1900986 SH SOLE 1900986 0 0 ITAU UNIBANCO HLDG SA SPON OPTION 465562106 853 17485 SH PUT SOLE 17485 0 0 ITAU UNIBANCO HLDG SA SPON OPTION 465562106 799 2576 SH CALL SOLE 2576 0 0 ILLINOIS TOOL WKS INC COM 452308109 3810 78341 SH SOLE 78341 0 0 ISHARES TR INDEX S&P 500 VALUE COM 464287408 10385 194262 SH SOLE 194262 0 0 IVANHOE MINES LTD COM 46579N103 5055 345493 SH SOLE 345493 0 0 IVANHOE MINES LTD OPTION 46579N103 250 2000 SH CALL SOLE 2000 0 0 ISHARES TR INDEX S&P 500 INDEX COM 464287200 11002 97460 SH SOLE 97460 0 0 INVESCO LTD SHS COM G491BT108 586 24915 SH SOLE 24915 0 0 ISHARES TR INDEX RUSSELL1000VALCOM 464287598 4798 82846 SH SOLE 82846 0 0 ISHARES TR INDEX RUSSELL1000GRWCOM 464287614 933 18540 SH SOLE 18540 0 0 Manager: BNP Paribas Arbitrage SA Period End Date: Dec 31,2009 Page19 of 37 ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8 - ------------------------------ ------------------ --------- --------- ------------------ ------- -------- --------------------- Value Shrs or SH/ PUT/ Other Voting Authority Name of Issuer Title of Class CUSIP (x$1000) Prn Amt PRN CALL Dscretn Managers Sole Shared None - ------------------------------ ------------------ --------- --------- --------- --- ---- ------- -------- --------- ------ ---- ISHARES TR INDEX RUSSELL 2000 COM 464287655 990518 15675232 SH SOLE 15675232 0 0 ISHARES TR INDEX RUSL 2000 VALUCOM 464287630 8214 139285 SH SOLE 139285 0 0 ISHARES TR INDEX RUSSELL MCP GRCOM 464287481 6569 143461 SH SOLE 143461 0 0 ISHARES TR INDEX DJ US REAL ESTOPTION 464287739 1376 31246 SH PUT SOLE 31246 0 0 ISHARES TR INDEX DJ US FINL SECCOM 464287788 12761 245396 SH SOLE 245396 0 0 ISHARES TR INDEX DJ US REAL ESTCOM 464287739 201843 4310128 SH SOLE 4310128 0 0 ISHARES TR INDEX TRANSP AVE IDXCOM 464287192 5099 67872 SH SOLE 67872 0 0 SILVER STD RES INC OPTION 82823L106 205 4146 SH PUT SOLE 4146 0 0 JO-ANN STORES INC COM 47758P307 1234 34055 SH SOLE 34055 0 0 SUN MICROSYSTEMS INC COM 866810203 8695 926981 SH SOLE 926981 0 0 HUNT J B TRANS SVCS INC COM 445658107 1115 33655 SH SOLE 33655 0 0 JABIL CIRCUIT INC COM 466313103 182 10272 SH SOLE 10272 0 0 JETBLUE AIRWAYS CORP COM 477143101 193 35082 SH SOLE 35082 0 0 J CREW GROUP INC COM 46612H402 443 9899 SH SOLE 9899 0 0 JOHNSON CTLS INC COM 478366107 4378 156867 SH SOLE 156867 0 0 J2 GLOBAL COMMUNICATIONS INC COM 46626E205 687 33542 SH SOLE 33542 0 0 PENNEY J C INC COM 708160106 10909 405683 SH SOLE 405683 0 0 JDS UNIPHASE CORP PAR $0.001 COM 46612J507 410 48312 SH SOLE 48312 0 0 JACOBS ENGR GROUP INC DEL COM 469814107 2137 56364 SH SOLE 56364 0 0 JEFFERIES GROUP INC NEW COM 472319102 842 35414 SH SOLE 35414 0 0 NUVEEN FLOATING RATE INCOME COM 67072T108 518 50000 SH SOLE 50000 0 0 HENRY JACK & ASSOC INC COM 426281101 656 28369 SH SOLE 28369 0 0 JOHNSON & JOHNSON COM 478160104 31678 488035 SH SOLE 488035 0 0 JOHNSON & JOHNSON OPTION 478160104 664 11073 SH PUT SOLE 11073 0 0 JOHNSON & JOHNSON OPTION 478160104 1232 9379 SH CALL SOLE 9379 0 0 SPDR SERIES TRUST BRCLYS YLD E COM 78464A417 2630 67603 SH SOLE 67603 0 0 JUNIPER NETWORKS INC COM 48203R104 2851 105050 SH SOLE 105050 0 0 JANUS CAP GROUP INC COM 47102X105 804 59806 SH SOLE 59806 0 0 JONES APPAREL GROUP INC COM 480074103 256 15803 SH SOLE 15803 0 0 JOS A BANK CLOTHIERS INC COM 480838101 238 5592 SH SOLE 5592 0 0 JOY GLOBAL INC COM 481165108 1593 30330 SH SOLE 30330 0 0 JPMORGAN CHASE & CO COM 46625H100 194336 4679418 SH SOLE 4679418 0 0 JPMORGAN CHASE & CO OPTION 46625H100 22836 133047 SH CALL SOLE 133047 0 0 JPMORGAN CHASE & CO OPTION 46625H100 33334 165374 SH PUT SOLE 165374 0 0 NUVEEN FLTNG RTE INCM OPP FD C COM 6706EN100 1076 100000 SH SOLE 100000 0 0 NORDSTROM INC COM 655664100 1038 27190 SH SOLE 27190 0 0 KELLOGG CO COM 487836108 3761 69659 SH SOLE 69659 0 0 SPDR SERIES TRUST SPDR KBW BK COM 78464A797 1998 94400 SH SOLE 94400 0 0 KB HOME COM 48666K109 16602 1201280 SH SOLE 1201280 0 0 KBR INC COM 48242W106 820 42107 SH SOLE 42107 0 0 KINETIC CONCEPTS INC COM 49460W208 1890 49301 SH SOLE 49301 0 0 KAYDON CORP COM 486587108 313 8680 SH SOLE 8680 0 0 KEY ENERGY SVCS INC COM 492914106 135 15011 SH SOLE 15011 0 0 KOREA ELECTRIC PWR COM 500631106 2990 204777 SH SOLE 204777 0 0 CHECK POINT SOFTWARE TECH LT OPTION M22465104 1462 2500 SH CALL SOLE 2500 0 0 KEYCORP NEW COM 493267108 2125 376068 SH SOLE 376068 0 0 KEYCORP NEW OPTION 493267108 904 2041 SH PUT SOLE 2041 0 0 KRAFT FOODS INC COM 50075N104 17321 630079 SH SOLE 630079 0 0 KRAFT FOODS INC OPTION 50075N104 1041 6971 SH CALL SOLE 6971 0 0 KRAFT FOODS INC OPTION 50075N104 2048 11281 SH PUT SOLE 11281 0 0 KING PHARMACEUTICALS INC COM 495582108 817 66387 SH SOLE 66387 0 0 KINROSS GOLD CORP COM NO PAR COM 496902404 2118 115638 SH SOLE 115638 0 0 SPDR SERIES TRUST SPDR KBW INS COM 78464A789 875 25000 SH SOLE 25000 0 0 KIMCO REALTY CORP COM 49446R109 4077 292652 SH SOLE 292652 0 0 Manager: BNP Paribas Arbitrage SA Period End Date: Dec 31,2009 Page20 of 37 ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8 - ------------------------------ ------------------ --------- --------- ------------------ ------- -------- --------------------- Value Shrs or SH/ PUT/ Other Voting Authority Name of Issuer Title of Class CUSIP (x$1000) Prn Amt PRN CALL Dscretn Managers Sole Shared None - ------------------------------ ------------------ --------- --------- --------- --- ---- ------- -------- --------- ------ ---- KLA-TENCOR CORP COM 482480100 3170 86084 SH SOLE 86084 0 0 KIMBERLY CLARK CORP COM 494368103 12090 187760 SH SOLE 187760 0 0 KIMBERLY CLARK CORP OPTION 494368103 312 3419 SH CALL SOLE 3419 0 0 KIMBERLY CLARK CORP OPTION 494368103 874 3662 SH PUT SOLE 3662 0 0 KINDER MORGAN ENERGY PARTNER U COM 494550106 2926 47977 SH SOLE 47977 0 0 KINDER MORGAN MANAGEMENT LLC S COM 49455U100 737 13501 SH SOLE 13501 0 0 CARMAX INC COM 143130102 1214 49645 SH SOLE 49645 0 0 COCA COLA CO COM 191216100 55143 956023 SH SOLE 956023 0 0 COCA COLA CO OPTION 191216100 1695 5967 SH CALL SOLE 5967 0 0 COCA COLA CO OPTION 191216100 1055 15616 SH PUT SOLE 15616 0 0 KROGER CO COM 501044101 2422 118204 SH SOLE 118204 0 0 SPDR SERIES TRUST KBW REGN BK COM 78464A698 39026 1754000 SH SOLE 1754000 0 0 KOHLS CORP COM 500255104 4515 81882 SH SOLE 81882 0 0 KANSAS CITY SOUTHERN COM 485170302 379 11377 SH SOLE 11377 0 0 QUICKSILVER RESOURCES INC COM 74837R104 201 13124 SH SOLE 13124 0 0 LOEWS CORP COM 540424108 1278 34903 SH SOLE 34903 0 0 LAMAR ADVERTISING CO COM 512815101 717 22753 SH SOLE 22753 0 0 LANCASTER COLONY CORP COM 513847103 760 15072 SH SOLE 15072 0 0 LATIN AMER EQUITY FD INC NEW COM 51827Q106 2057 52200 SH SOLE 52200 0 0 LAZARD LTD SHS A COM G54050102 513 13897 SH SOLE 13897 0 0 LIBERTY GLOBAL INC COM SER A COM 530555101 570 25931 SH SOLE 25931 0 0 LIBERTY GLOBAL INC COM SER C COM 530555309 459 20867 SH SOLE 20867 0 0 U S AIRWAYS GROUP INC COM 90341W108 66 13526 SH SOLE 13526 0 0 LDK SOLAR CO LTD COM 50183L107 1907 268524 SH SOLE 268524 0 0 LINCOLN ELEC HLDGS INC COM 533900106 911 16727 SH SOLE 16727 0 0 LEGGETT & PLATT INC COM 524660107 1801 87580 SH SOLE 87580 0 0 LENNAR CORP COM 526057104 1379 106796 SH SOLE 106796 0 0 CHINA LIFE INS CO LTD SPON COM 16939P106 8000 109169 SH SOLE 109169 0 0 CHINA LIFE INS CO LTD SPON OPTION 16939P106 2679 4522 SH CALL SOLE 4522 0 0 LAN AIRLINES S A COM 501723100 337 20000 SH SOLE 20000 0 0 LIGAND PHARMACEUTICALS INC CL BCOM 53220K207 29 13615 SH SOLE 13615 0 0 LABORATORY CORP AMER HLDGS COM 50540R409 2560 33998 SH SOLE 33998 0 0 LIFE TECHNOLOGIES CORP COM 53217V109 1846 35214 SH SOLE 35214 0 0 LENNOX INTL INC COM 526107107 994 25130 SH SOLE 25130 0 0 LINN ENERGY LLC UNIT LTD LIAB COM 536020100 13965 503975 SH SOLE 503975 0 0 LIBERTY MEDIA CORP NEW INT COM COM 53071M104 980 89700 SH SOLE 89700 0 0 LIZ CLAIBORNE INC COM 539320101 232 41014 SH SOLE 41014 0 0 LKQ CORP COM 501889208 5830 297610 SH SOLE 297610 0 0 L-3 COMMUNICATIONS HLDGS INC COM 502424104 2299 25981 SH SOLE 25981 0 0 L-3 COMMUNICATIONS HLDGS INC OPTION 502424104 496 2618 SH CALL SOLE 2618 0 0 L-3 COMMUNICATIONS HLDGS INC OPTION 502424104 365 944 SH PUT SOLE 944 0 0 LINEAR TECHNOLOGY CORP COM 535678106 704 22758 SH SOLE 22758 0 0 LILLY ELI & CO COM 532457108 21229 586915 SH SOLE 586915 0 0 LILLY ELI & CO OPTION 532457108 504 7688 SH CALL SOLE 7688 0 0 LILLY ELI & CO OPTION 532457108 526 1500 SH PUT SOLE 1500 0 0 LILLY ELI & CO OPTION 532457108 12409 17539 SH PUT SOLE 17539 0 0 LEGG MASON INC COM 524901105 278 9242 SH SOLE 9242 0 0 LUMINEX CORP DEL COM 55027E102 186 12363 SH SOLE 12363 0 0 LOCKHEED MARTIN CORP COM 539830109 14566 191350 SH SOLE 191350 0 0 LOCKHEED MARTIN CORP OPTION 539830109 437 3621 SH CALL SOLE 3621 0 0 LOCKHEED MARTIN CORP OPTION 539830109 1588 2243 SH PUT SOLE 2243 0 0 LINCOLN NATL CORP IND COM 534187109 822 33087 SH SOLE 33087 0 0 LINCARE HLDGS INC COM 532791100 571 15215 SH SOLE 15215 0 0 CHENIERE ENERGY INC COM 16411R208 173 69258 SH SOLE 69258 0 0 Manager: BNP Paribas Arbitrage SA Period End Date: Dec 31,2009 Page21 of 37 ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8 - ------------------------------ ------------------ --------- --------- ------------------ ------- -------- --------------------- Value Shrs or SH/ PUT/ Other Voting Authority Name of Issuer Title of Class CUSIP (x$1000) Prn Amt PRN CALL Dscretn Managers Sole Shared None - ------------------------------ ------------------ --------- --------- --------- --- ---- ------- -------- --------- ------ ---- LORILLARD INC COM 544147101 9460 117324 SH SOLE 117324 0 0 LOWES COS INC COM 548661107 16523 702226 SH SOLE 702226 0 0 LOWES COS INC OPTION 548661107 707 6550 SH CALL SOLE 6550 0 0 LOWES COS INC OPTION 548661107 1806 17122 SH PUT SOLE 17122 0 0 LIFEPOINT HOSPITALS INC COM 53219L109 267 8066 SH SOLE 8066 0 0 LIFEPOINT HOSPITALS INC BOND CV 53219LAH2 1303750 14000000 PRN SOLE 14000000 0 0 LENDER PROCESSING SVCS INC COM 52602E102 1022 24363 SH SOLE 24363 0 0 LOUISIANA PAC CORP COM 546347105 1541 211333 SH SOLE 211333 0 0 LAM RESEARCH CORP COM 512807108 1564 39604 SH SOLE 39604 0 0 LIBERTY PPTY TR SH BEN INT COM 531172104 537 16687 SH SOLE 16687 0 0 LATTICE SEMICONDUCTOR CORP COM 518415104 39 14574 SH SOLE 14574 0 0 LSI CORPORATION COM 502161102 2027 337758 SH SOLE 337758 0 0 LANDSTAR SYS INC COM 515098101 1002 25844 SH SOLE 25844 0 0 LIBERTY MEDIA CORP NEW LIB STA COM 53071M708 228 4881 SH SOLE 4881 0 0 LIMITED BRANDS INC COM 532716107 1430 73215 SH SOLE 73215 0 0 LIFE TIME FITNESS INC COM 53217R207 475 18737 SH SOLE 18737 0 0 LEUCADIA NATL CORP COM 527288104 565 23535 SH SOLE 23535 0 0 SOUTHWEST AIRLS CO COM 844741108 1208 106128 SH SOLE 106128 0 0 LEVEL 3 COMMUNICATIONS INC COM 52729N100 551 367345 SH SOLE 367345 0 0 LAS VEGAS SANDS CORP COM 517834107 7332 487182 SH SOLE 487182 0 0 LAS VEGAS SANDS CORP OPTION 517834107 760 2000 SH PUT SOLE 2000 0 0 LAS VEGAS SANDS CORP OPTION 517834107 780 2000 SH CALL SOLE 2000 0 0 LAWSON SOFTWARE INC NEW COM 52078P102 164 24278 SH SOLE 24278 0 0 LEXMARK INTL NEW OPTION 529771107 849 1011 SH CALL SOLE 1011 0 0 LUBRIZOL CORP COM 549271104 1002 13525 SH SOLE 13525 0 0 MACYS INC COM 55616P104 7466 433574 SH SOLE 433574 0 0 MACYS INC OPTION 55616P104 353 3100 SH CALL SOLE 3100 0 0 MACYS INC OPTION 55616P104 305 9017 SH PUT SOLE 9017 0 0 MASTERCARD INC COM 57636Q104 6511 25238 SH SOLE 25238 0 0 MASTERCARD INC OPTION 57636Q104 377 337 SH PUT SOLE 337 0 0 MANPOWER INC COM 56418H100 1652 29849 SH SOLE 29849 0 0 MANTECH INTL CORP COM 564563104 264 5322 SH SOLE 5322 0 0 MARRIOTT INTL INC NEW COM 571903202 1834 66347 SH SOLE 66347 0 0 MASCO CORP COM 574599106 1446 103813 SH SOLE 103813 0 0 MATTEL INC COM 577081102 2119 104621 SH SOLE 104621 0 0 MBIA INC COM 55262C100 2998 751272 SH SOLE 751272 0 0 MOBILE TELESYSTEMS OJSC COM 607409109 28345 578826 SH SOLE 578826 0 0 MCDONALDS CORP COM 580135101 13553 215510 SH SOLE 215510 0 0 MCDONALDS CORP OPTION 580135101 294 1000 SH PUT SOLE 1000 0 0 MCDONALDS CORP OPTION 580135101 936 2000 SH CALL SOLE 2000 0 0 MCDONALDS CORP OPTION 580135101 3604 11831 SH CALL SOLE 11831 0 0 MCDONALDS CORP OPTION 580135101 2885 16345 SH PUT SOLE 16345 0 0 MICROCHIP TECHNOLOGY INC COM 595017104 883 29983 SH SOLE 29983 0 0 MCKESSON CORP COM 58155Q103 6164 97181 SH SOLE 97181 0 0 MOODYS CORP COM 615369105 3037 111707 SH SOLE 111707 0 0 MICROS SYS INC COM 594901100 381 11925 SH SOLE 11925 0 0 M D C HLDGS INC COM 552676108 4579 146713 SH SOLE 146713 0 0 MCDERMOTT INTL INC COM 580037109 3802 156067 SH SOLE 156067 0 0 MEDTRONIC INC COM 585055106 27421 616201 SH SOLE 616201 0 0 MEDTRONIC INC OPTION 585055106 1852 17216 SH PUT SOLE 17216 0 0 MEDTRONIC INC OPTION 585055106 2666 6391 SH CALL SOLE 6391 0 0 MDU RES GROUP INC COM 552690109 864 36603 SH SOLE 36603 0 0 MEDIVATION INC COM 58501N101 470 12300 SH SOLE 12300 0 0 MIDCAP SPDR TR UNIT SER 1 COM 595635103 144245 1081217 SH SOLE 1081217 0 0 Manager: BNP Paribas Arbitrage SA Period End Date: Dec 31,2009 Page22 of 37 ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8 - ------------------------------ ------------------ --------- --------- ------------------ ------- -------- --------------------- Value Shrs or SH/ PUT/ Other Voting Authority Name of Issuer Title of Class CUSIP (x$1000) Prn Amt PRN CALL Dscretn Managers Sole Shared None - ------------------------------ ------------------ --------- --------- --------- --- ---- ------- -------- --------- ------ ---- MARINER ENERGY INC COM 56845T305 306 25936 SH SOLE 25936 0 0 MASSEY ENERGY CORP COM 576206106 3661 86161 SH SOLE 86161 0 0 MASSEY ENERGY CORP OPTION 576206106 378 3082 SH CALL SOLE 3082 0 0 MENTOR GRAPHICS CORP COM 587200106 160 17448 SH SOLE 17448 0 0 MESA AIR GROUP INC COM 590479101 911 7315268 SH SOLE 7315268 0 0 METLIFE INC COM 59156R108 4971 140236 SH SOLE 140236 0 0 METLIFE INC OPTION 59156R108 570 4005 SH CALL SOLE 4005 0 0 MF GLOBAL LTD SHS COM G60642108 79 11205 SH SOLE 11205 0 0 MFA FINANCIAL INC COM 55272X102 2460 332377 SH SOLE 332377 0 0 MCAFEE INC COM 579064106 652 15934 SH SOLE 15934 0 0 MAGELLAN HEALTH SVCS INC COM 559079207 322 7758 SH SOLE 7758 0 0 MGM MIRAGE COM 552953101 12681 1381360 SH SOLE 1381360 0 0 MOHAWK INDS INC COM 608190104 588 12092 SH SOLE 12092 0 0 MCGRAW HILL COS INC COM 580645109 3430 100583 SH SOLE 100583 0 0 MEDCO HEALTH SOLUTIONS INC COM 58405U102 10102 155850 SH SOLE 155850 0 0 MARSHALL & ILSLEY CORP NEW COM 571837103 395 72742 SH SOLE 72742 0 0 MILLICOM INTL CELLULAR S A SHS COM L6388F110 541 7307 SH SOLE 7307 0 0 MILLIPORE CORP COM 601073109 657 9025 SH SOLE 9025 0 0 MIRANT CORP NEW COM 60467R100 133430 8509551 SH SOLE 8509551 0 0 MEAD JOHNSON NUTRITION CO COM COM 582839106 1058 23972 SH SOLE 23972 0 0 MCCORMICK & CO INC COM NON VTG COM 579780206 200 5490 SH SOLE 5490 0 0 MARKEL CORP COM 570535104 204 600 SH SOLE 600 0 0 MARTIN MARIETTA MATLS INC COM 573284106 1028 11247 SH SOLE 11247 0 0 MARSH & MCLENNAN COS INC COM 571748102 2287 102929 SH SOLE 102929 0 0 3M CO COM 88579Y101 18695 222824 SH SOLE 222824 0 0 3M CO OPTION 88579Y101 495 21978 SH PUT SOLE 21978 0 0 3M CO OPTION 88579Y101 3630 9304 SH CALL SOLE 9304 0 0 MCCLATCHY CO COM 579489105 1297 369655 SH SOLE 369655 0 0 ALTRIA GROUP INC COM 02209S103 66557 3359763 SH SOLE 3359763 0 0 ALTRIA GROUP INC OPTION 02209S103 1671 7760 SH CALL SOLE 7760 0 0 ALTRIA GROUP INC OPTION 02209S103 848 9173 SH CALL SOLE 9173 0 0 ALTRIA GROUP INC OPTION 02209S103 1687 16049 SH PUT SOLE 16049 0 0 MOLEX INC COM 608554101 1027 46789 SH SOLE 46789 0 0 MONSANTO CO NEW COM 61166W101 41417 501354 SH SOLE 501354 0 0 MONSANTO CO NEW OPTION 61166W101 975 2204 SH CALL SOLE 2204 0 0 MONSANTO CO NEW OPTION 61166W101 3840 15605 SH PUT SOLE 15605 0 0 MOSAIC CO COM 61945A107 25142 420714 SH SOLE 420714 0 0 MOTOROLA INC COM 620076109 10012 1291859 SH SOLE 1291859 0 0 MOTOROLA INC OPTION 620076109 3497 28649 SH CALL SOLE 28649 0 0 MOTOROLA INC OPTION 620076109 1009 24233 SH PUT SOLE 24233 0 0 MOVE INC COM COM 62458M108 33 18929 SH SOLE 18929 0 0 MPS GROUP INC COM 553409103 210 15281 SH SOLE 15281 0 0 MINDRAY MEDICAL INTL LTD SPON COM 602675100 9904 287324 SH SOLE 287324 0 0 MONTPELIER RE HOLDINGS LTD SHS COM G62185106 178 10013 SH SOLE 10013 0 0 MERCK & CO INC NEW COM 58933Y105 56804 1532748 SH SOLE 1532748 0 0 MERCK & CO INC NEW OPTION 58933Y105 315 2696 SH CALL SOLE 2696 0 0 MERCK & CO INC NEW OPTION 58933Y105 1002 25077 SH PUT SOLE 25077 0 0 MERCK & CO INC NEW OPTION 58933Y105 257 500 SH PUT SOLE 500 0 0 MERCK & CO INC NEW OPTION 58933Y105 1804 3359 SH CALL SOLE 3359 0 0 MARATHON OIL CORP COM 565849106 9301 295561 SH SOLE 295561 0 0 MARVELL TECHNOLOGY GROUP LTD COM G5876H105 1812 86970 SH SOLE 86970 0 0 MEDICIS PHARMACEUTICAL CORP COM 584690309 257 9412 SH SOLE 9412 0 0 MORGAN STANLEY COM 617446448 45737 1550949 SH SOLE 1550949 0 0 MORGAN STANLEY OPTION 617446448 1857 9138 SH CALL SOLE 9138 0 0 Manager: BNP Paribas Arbitrage SA Period End Date: Dec 31,2009 Page23 of 37 ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8 - ------------------------------ ------------------ --------- --------- ------------------ ------- -------- --------------------- Value Shrs or SH/ PUT/ Other Voting Authority Name of Issuer Title of Class CUSIP (x$1000) Prn Amt PRN CALL Dscretn Managers Sole Shared None - ------------------------------ ------------------ --------- --------- --------- --- ---- ------- -------- --------- ------ ---- MORGAN STANLEY OPTION 617446448 14136 56579 SH PUT SOLE 56579 0 0 MICROSOFT CORP COM 594918104 87522 2826938 SH SOLE 2826938 0 0 MICROSOFT CORP OPTION 594918104 23735 83504 SH CALL SOLE 83504 0 0 MICROSOFT CORP OPTION 594918104 14187 119420 SH PUT SOLE 119420 0 0 MSC INDL DIRECT INC COM 553530106 777 16423 SH SOLE 16423 0 0 MICROSTRATEGY INC COM 594972408 312 3328 SH SOLE 3328 0 0 ARCELORMITTAL SA LUXEMBOURG NY COM 03938L104 5886 127215 SH SOLE 127215 0 0 M & T BK CORP COM 55261F104 409 6104 SH SOLE 6104 0 0 METTLER TOLEDO INTERNATIONAL COM 592688105 272 2570 SH SOLE 2570 0 0 MGIC INVT CORP WIS COM 552848103 84 14787 SH SOLE 14787 0 0 MERITAGE HOMES CORP COM 59001A102 289 14851 SH SOLE 14851 0 0 MECHEL OAO COM 583840103 5361 280687 SH SOLE 280687 0 0 MANITOWOC INC COM 563571108 150 14949 SH SOLE 14949 0 0 MICRON TECHNOLOGY INC COM 595112103 1182 111119 SH SOLE 111119 0 0 MICRON TECHNOLOGY INC BOND CV 595112AH6 1399668 14542000 PRN SOLE 14542000 0 0 MURPHY OIL CORP COM 626717102 5997 109872 SH SOLE 109872 0 0 MICROVISION INC DEL COM 594960106 34 10811 SH SOLE 10811 0 0 MARVEL ENTERTAINMENT INC COM 57383T103 1591 29444 SH SOLE 29444 0 0 MV OIL TR TR UNITS COM 553859109 6534 323452 SH SOLE 323452 0 0 MENS WEARHOUSE INC COM 587118100 200 9498 SH SOLE 9498 0 0 MUELLER WTR PRODS INC COM SER ACOM 624758108 2564 493118 SH SOLE 493118 0 0 MEADWESTVACO CORP COM 583334107 776 26693 SH SOLE 26693 0 0 MONSTER WORLDWIDE INC COM 611742107 444 25212 SH SOLE 25212 0 0 MSCI INC COM 55354G100 333 10474 SH SOLE 10474 0 0 MEXICO EQUITY & INCOME FD COM 592834105 186 24310 SH SOLE 24310 0 0 MAXIM INTEGRATED PRODS INC COM 57772K101 1469 71353 SH SOLE 71353 0 0 MYRIAD GENETICS INC COM 62855J104 1164 44143 SH SOLE 44143 0 0 MYLAN INC COM 628530107 3850 206864 SH SOLE 206864 0 0 NEWALLIANCE BANCSHARES INC COM 650203102 573 47730 SH SOLE 47730 0 0 NATIONAL INSTRS CORP COM 636518102 546 18284 SH SOLE 18284 0 0 NAVISTAR INTL CORP NEW COM 63934E108 1799 45556 SH SOLE 45556 0 0 NOBLE ENERGY INC COM 655044105 4403 61234 SH SOLE 61234 0 0 NABORS INDUSTRIES LTD SHS COM G6359F103 1540 69166 SH SOLE 69166 0 0 NASDAQ OMX GROUP INC COM 631103108 942 46702 SH SOLE 46702 0 0 NORDSON CORP COM 655663102 548 8764 SH SOLE 8764 0 0 NOBLE CORPORATION BAAR NAMEN - COM H5833N103 4603 112327 SH SOLE 112327 0 0 NEWMONT MINING CORP COM 651639106 39278 825341 SH SOLE 825341 0 0 NEWMONT MINING CORP OPTION 651639106 3458 12748 SH PUT SOLE 12748 0 0 NEWMONT MINING CORP OPTION 651639106 2071 5537 SH CALL SOLE 5537 0 0 NATIONAL FUEL GAS CO N J COM 636180101 313 6259 SH SOLE 6259 0 0 NETFLIX INC COM 64110L106 1765 31718 SH SOLE 31718 0 0 NETFLIX INC OPTION 64110L106 241 453 SH PUT SOLE 453 0 0 NETFLIX INC OPTION 64110L106 225 150 SH CALL SOLE 150 0 0 NEWFIELD EXPL CO COM 651290108 1509 30596 SH SOLE 30596 0 0 NISOURCE INC COM 65473P105 1548 98978 SH SOLE 98978 0 0 NII HLDGS INC CL B COM 62913F201 1256 36681 SH SOLE 36681 0 0 KNIGHT CAPITAL GROUP INC COM 499005106 1436 92065 SH SOLE 92065 0 0 NIKE INC CL B COM 654106103 5885 88982 SH SOLE 88982 0 0 NIKE INC CL B OPTION 654106103 259 3742 SH PUT SOLE 3742 0 0 NIKE INC CL B OPTION 654106103 1061 1254 SH CALL SOLE 1254 0 0 NEKTAR THERAPEUTICS COM 640268108 3862 422045 SH SOLE 422045 0 0 NALCO HOLDING COMPANY COM 62985Q101 8418 328701 SH SOLE 328701 0 0 ANNALY CAP MGMT INC COM 035710409 2757 156923 SH SOLE 156923 0 0 NORTHROP GRUMMAN CORP COM 666807102 1930 33953 SH SOLE 33953 0 0 Manager: BNP Paribas Arbitrage SA Period End Date: Dec 31,2009 Page24 of 37 ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8 - ------------------------------ ------------------ --------- --------- ------------------ ------- -------- --------------------- Value Shrs or SH/ PUT/ Other Voting Authority Name of Issuer Title of Class CUSIP (x$1000) Prn Amt PRN CALL Dscretn Managers Sole Shared None - ------------------------------ ------------------ --------- --------- --------- --- ---- ------- -------- --------- ------ ---- NOKIA CORP COM 654902204 10116 782998 SH SOLE 782998 0 0 NOKIA CORP OPTION 654902204 1153 3289 SH PUT SOLE 3289 0 0 NATIONAL OILWELL VARCO INC COM 637071101 11755 263564 SH SOLE 263564 0 0 NOVELL INC COM 670006105 102 24557 SH SOLE 24557 0 0 NATIONAL PENN BANCSHARES INC COM 637138108 80 13903 SH SOLE 13903 0 0 NEWPARK RES INC PAR $.01 NEW COM 651718504 47 11268 SH SOLE 11268 0 0 NRG ENERGY INC COM 629377508 10448 436779 SH SOLE 436779 0 0 NRG ENERGY INC OPTION 629377508 3789 4300 SH PUT SOLE 4300 0 0 NORFOLK SOUTHERN CORP COM 655844108 9154 171947 SH SOLE 171947 0 0 NORFOLK SOUTHERN CORP OPTION 655844108 500 2560 SH PUT SOLE 2560 0 0 NUVEEN SR INCOME FD COM 67067Y104 640 90000 SH SOLE 90000 0 0 NATIONAL SEMICONDUCTOR CORP COM 637640103 1144 73794 SH SOLE 73794 0 0 NSTAR COM 67019E107 724 19662 SH SOLE 19662 0 0 NETAPP INC COM 64110D104 29840 863933 SH SOLE 863933 0 0 NETAPP INC OPTION 64110D104 492 1093 SH CALL SOLE 1093 0 0 NUTRI SYS INC NEW COM 67069D108 907 29438 SH SOLE 29438 0 0 NORTHERN TR CORP COM 665859104 921 17570 SH SOLE 17570 0 0 NBTY INC COM 628782104 262 6023 SH SOLE 6023 0 0 NORTHEAST UTILS COM 664397106 1561 59317 SH SOLE 59317 0 0 NUANCE COMMUNICATIONS INC COM 67020Y100 7535 476571 SH SOLE 476571 0 0 NUCOR CORP COM 670346105 6207 131886 SH SOLE 131886 0 0 NUCOR CORP OPTION 670346105 247 1026 SH PUT SOLE 1026 0 0 NUVASIVE INC COM 670704105 597 18488 SH SOLE 18488 0 0 NVIDIA CORP COM 67066G104 9264 496186 SH SOLE 496186 0 0 NVIDIA CORP OPTION 67066G104 251 468 SH CALL SOLE 468 0 0 NVIDIA CORP OPTION 67066G104 830 9730 SH PUT SOLE 9730 0 0 NV ENERGY INC COM 67073Y106 358 28912 SH SOLE 28912 0 0 NOVELLUS SYS INC COM 670008101 1731 73805 SH SOLE 73805 0 0 NOVO-NORDISK A S COM 670100205 596 9228 SH SOLE 9228 0 0 NVR INC COM 62944T105 472 663 SH SOLE 663 0 0 NOVARTIS A G COM 66987V109 416 7610 SH SOLE 7610 0 0 NEWELL RUBBERMAID INC COM 651229106 1208 79889 SH SOLE 79889 0 0 NORTHWEST NAT GAS CO COM 667655104 463 10280 SH SOLE 10280 0 0 NEWS CORP CL B COM 65248E203 1243 77131 SH SOLE 77131 0 0 NEWS CORP COM 65248E104 3359 241449 SH SOLE 241449 0 0 NEW YORK CMNTY BANCORP INC COM 649445103 1308 90146 SH SOLE 90146 0 0 NEW YORK TIMES CO COM 650111107 818 64797 SH SOLE 64797 0 0 NYSE EURONEXT COM 629491101 6818 266342 SH SOLE 266342 0 0 NYSE EURONEXT OPTION 629491101 556 1754 SH PUT SOLE 1754 0 0 OWENS CORNING NEW COM 690742101 649 25015 SH SOLE 25015 0 0 OMNICARE INC COM 681904108 570 23068 SH SOLE 23068 0 0 OLD DOMINION FGHT LINES INC COM 679580100 321 10460 SH SOLE 10460 0 0 OFFICE DEPOT INC COM 676220106 543 82854 SH SOLE 82854 0 0 ISHARES TR INDEX S&P 100 IDX FDCOM 464287101 3834 73869 SH SOLE 73869 0 0 CORPORATE OFFICE PPTYS TR SH B COM 22002T108 667 18212 SH SOLE 18212 0 0 ISHARES TR INDEX RUSSELL 2000 OPTION 464287655 12240 25000 SH CALL SOLE 25000 0 0 ISHARES TR INDEX RUSSELL 2000 OPTION 464287655 7525 81700 SH PUT SOLE 81700 0 0 OGE ENERGY CORP COM 670837103 306 8141 SH SOLE 8141 0 0 OWENS ILL INC COM 690768403 997 29960 SH SOLE 29960 0 0 OIL SVC HOLDRS TR DEPOSTRY RCPTCOM 678002106 14806 123541 SH SOLE 123541 0 0 OCEANEERING INTL INC COM 675232102 295 5033 SH SOLE 5033 0 0 OIL STS INTL INC COM 678026105 835 21171 SH SOLE 21171 0 0 ONEOK INC NEW COM 682680103 920 20641 SH SOLE 20641 0 0 OLIN CORP PAR $1 COM 680665205 567 31645 SH SOLE 31645 0 0 Manager: BNP Paribas Arbitrage SA Period End Date: Dec 31,2009 Page25 of 37 ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8 - ------------------------------ ------------------ --------- --------- ------------------ ------- -------- --------------------- Value Shrs or SH/ PUT/ Other Voting Authority Name of Issuer Title of Class CUSIP (x$1000) Prn Amt PRN CALL Dscretn Managers Sole Shared None - ------------------------------ ------------------ --------- --------- --------- --- ---- ------- -------- --------- ------ ---- OMNICOM GROUP INC COM 681919106 635 15950 SH SOLE 15950 0 0 OWENS & MINOR INC NEW COM 690732102 745 17218 SH SOLE 17218 0 0 OFFICEMAX INC DEL COM 67622P101 187 14720 SH SOLE 14720 0 0 ON SEMICONDUCTOR CORP COM 682189105 316 35824 SH SOLE 35824 0 0 ONYX PHARMACEUTICALS INC COM 683399109 410 13894 SH SOLE 13894 0 0 SPDR GOLD TRUST GOLD SHS OPTION 78463V107 3425 10390 SH CALL SOLE 10390 0 0 SPDR GOLD TRUST GOLD SHS OPTION 78463V107 5953 32768 SH PUT SOLE 32768 0 0 ORMAT TECHNOLOGIES INC COM 686688102 4014 105293 SH SOLE 105293 0 0 ORBITAL SCIENCES CORP COM 685564106 208 13470 SH SOLE 13470 0 0 ORACLE CORP COM 68389X105 51045 2047526 SH SOLE 2047526 0 0 ORACLE CORP OPTION 68389X105 1462 40894 SH PUT SOLE 40894 0 0 ORACLE CORP OPTION 68389X105 2065 12588 SH CALL SOLE 12588 0 0 OLD REP INTL CORP COM 680223104 663 65062 SH SOLE 65062 0 0 O REILLY AUTOMOTIVE INC COM 686091109 400 10391 SH SOLE 10391 0 0 OVERSEAS SHIPHOLDING GROUP I COM 690368105 1731 39383 SH SOLE 39383 0 0 OSI PHARMACEUTICALS INC COM 671040103 934 30011 SH SOLE 30011 0 0 OSHKOSH CORP COM 688239201 624 16477 SH SOLE 16477 0 0 OCCIDENTAL PETE CORP DEL COM 674599105 20431 248035 SH SOLE 248035 0 0 OCCIDENTAL PETE CORP DEL OPTION 674599105 3632 15464 SH PUT SOLE 15464 0 0 OCCIDENTAL PETE CORP DEL OPTION 674599105 2650 10692 SH CALL SOLE 10692 0 0 OYO GEOSPACE CORP COM 671074102 343 7993 SH SOLE 7993 0 0 PLAINS ALL AMERN PIPELINE L UN COM 726503105 807 15235 SH SOLE 15235 0 0 GPO AEROPORTUARIO DEL PAC SA S COM 400506101 2062 65978 SH SOLE 65978 0 0 PAETEC HOLDING CORP COM 695459107 67 16036 SH SOLE 16036 0 0 PENSKE AUTOMOTIVE GRP INC COM 70959W103 266 17163 SH SOLE 17163 0 0 PALM INC NEW COM 696643105 306 29942 SH SOLE 29942 0 0 PEPSIAMERICAS INC COM 71343P200 363 12322 SH SOLE 12322 0 0 VERIFONE HLDGS INC COM 92342Y109 229 14005 SH SOLE 14005 0 0 PAYCHEX INC COM 704326107 4602 148939 SH SOLE 148939 0 0 PEOPLES UNITED FINANCIAL INC COM 712704105 2238 134029 SH SOLE 134029 0 0 PEPSI BOTTLING GROUP INC COM 713409100 1589 42134 SH SOLE 42134 0 0 PITNEY BOWES INC COM 724479100 5713 248191 SH SOLE 248191 0 0 PETROLEO BRASILEIRO SA PETRO COM 71654V408 146059 3063315 SH SOLE 3063315 0 0 PETROLEO BRASILEIRO SA PETRO OPTION 71654V408 3446 19832 SH PUT SOLE 19832 0 0 PETROLEO BRASILEIRO SA PETRO OPTION 71654V408 2079 10042 SH CALL SOLE 10042 0 0 PETROLEO BRASILEIRO SA PETRO SPCOM 71654V101 27381 644411 SH SOLE 644411 0 0 PACCAR INC COM 693718108 3593 97853 SH SOLE 97853 0 0 PG&E CORP COM 69331C108 6125 134903 SH SOLE 134903 0 0 PLUM CREEK TIMBER CO INC COM 729251108 498 12960 SH SOLE 12960 0 0 PRICELINE COM INC COM 741503403 2318 10365 SH SOLE 10365 0 0 PRICELINE COM INC OPTION 741503403 296 563 SH PUT SOLE 563 0 0 PRICELINE COM INC OPTION 741503403 476 668 SH CALL SOLE 668 0 0 PRECISION CASTPARTS CORP COM 740189105 3182 28474 SH SOLE 28474 0 0 METROPCS COMMUNICATIONS INC COM 591708102 1131 148281 SH SOLE 148281 0 0 SOUTHERN COPPER CORP COM 84265V105 7155 216875 SH SOLE 216875 0 0 BRF-BRASIL FOODS S A COM 10552T107 306 5797 SH SOLE 5797 0 0 PATTERSON COMPANIES INC COM 703395103 401 14308 SH SOLE 14308 0 0 PRIDE INTL INC DEL COM 74153Q102 1185 36587 SH SOLE 36587 0 0 PDL BIOPHARMA INC COM 69329Y104 106 15281 SH SOLE 15281 0 0 PRECISION DRILLING TR TR UNIT COM 740215108 330 45329 SH SOLE 45329 0 0 PUBLIC SVC ENTERPRISE GROUP COM 744573106 6418 190159 SH SOLE 190159 0 0 PUBLIC SVC ENTERPRISE GROUP OPTION 744573106 1110 3001 SH CALL SOLE 3001 0 0 PENN NATL GAMING INC COM 707569109 1081 39741 SH SOLE 39741 0 0 PEPSICO INC COM 713448108 24554 400484 SH SOLE 400484 0 0 Manager: BNP Paribas Arbitrage SA Period End Date: Dec 31,2009 Page26 of 37 ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8 - ------------------------------ ------------------ --------- --------- ------------------ ------- -------- --------------------- Value Shrs or SH/ PUT/ Other Voting Authority Name of Issuer Title of Class CUSIP (x$1000) Prn Amt PRN CALL Dscretn Managers Sole Shared None - ------------------------------ ------------------ --------- --------- --------- --- ---- ------- -------- --------- ------ ---- PEPSICO INC OPTION 713448108 380 11772 SH PUT SOLE 11772 0 0 PEPSICO INC OPTION 713448108 772 11785 SH CALL SOLE 11785 0 0 PEPSICO INC OPTION 713448108 1238 1500 SH CALL SOLE 1500 0 0 PETSMART INC COM 716768106 823 30433 SH SOLE 30433 0 0 PFIZER INC COM 717081103 142935 7726200 SH SOLE 7726200 0 0 PFIZER INC OPTION 717081103 350 2000 SH CALL SOLE 2000 0 0 PFIZER INC OPTION 717081103 2165 4000 SH PUT SOLE 4000 0 0 PFIZER INC OPTION 717081103 8014 54114 SH CALL SOLE 54114 0 0 PFIZER INC OPTION 717081103 2799 73213 SH PUT SOLE 73213 0 0 PRINCIPAL FINANCIAL GROUP IN COM 74251V102 3160 131427 SH SOLE 131427 0 0 PROCTER & GAMBLE CO COM 742718109 40807 664928 SH SOLE 664928 0 0 PROCTER & GAMBLE CO OPTION 742718109 1020 1750 SH PUT SOLE 1750 0 0 PROCTER & GAMBLE CO OPTION 742718109 6123 10500 SH CALL SOLE 10500 0 0 PROCTER & GAMBLE CO OPTION 742718109 6347 16897 SH CALL SOLE 16897 0 0 PROCTER & GAMBLE CO OPTION 742718109 3530 18838 SH PUT SOLE 18838 0 0 PROGRESS ENERGY INC COM 743263105 7477 179962 SH SOLE 179962 0 0 PROGRESSIVE CORP OHIO COM 743315103 1639 90816 SH SOLE 90816 0 0 PARKER HANNIFIN CORP COM 701094104 3106 57142 SH SOLE 57142 0 0 KONINKLIJKE PHILIPS ELECTRS NY COM 500472303 1473 49447 SH SOLE 49447 0 0 PULTE HOMES INC COM 745867101 18229 1813845 SH SOLE 1813845 0 0 POLARIS INDS INC COM 731068102 859 19969 SH SOLE 19969 0 0 PIER 1 IMPORTS INC COM 720279108 58 11127 SH SOLE 11127 0 0 PARKER DRILLING CO COM 701081101 75 15007 SH SOLE 15007 0 0 PERKINELMER INC COM 714046109 252 12162 SH SOLE 12162 0 0 CHILDRENS PL RETAIL STORES I COM 168905107 441 13435 SH SOLE 13435 0 0 POLYCOM INC COM 73172K104 242 9546 SH SOLE 9546 0 0 PROLOGIS SH BEN INT COM 743410102 1117 78866 SH SOLE 78866 0 0 PROLOGIS BOND CV 743410AS1 3809062 42500000 PRN SOLE 42500000 0 0 PALL CORP COM 696429307 3388 92332 SH SOLE 92332 0 0 PLANTRONICS INC NEW COM 727493108 495 18796 SH SOLE 18796 0 0 PHILIP MORRIS INTL INC COM 718172109 35121 721754 SH SOLE 721754 0 0 PHILIP MORRIS INTL INC OPTION 718172109 434 5200 SH CALL SOLE 5200 0 0 PHILIP MORRIS INTL INC OPTION 718172109 1248 5491 SH CALL SOLE 5491 0 0 PHILIP MORRIS INTL INC OPTION 718172109 2535 21274 SH PUT SOLE 21274 0 0 PMC-SIERRA INC COM 69344F106 102 11743 SH SOLE 11743 0 0 PARAMETRIC TECHNOLOGY CORP COM 699173209 225 13557 SH SOLE 13557 0 0 PNC FINL SVCS GROUP INC COM 693475105 3034 56979 SH SOLE 56979 0 0 PNC FINL SVCS GROUP INC OPTION 693475105 1417 3534 SH CALL SOLE 3534 0 0 PNM RES INC COM 69349H107 153 12104 SH SOLE 12104 0 0 PENTAIR INC COM 709631105 7142 218157 SH SOLE 218157 0 0 PINNACLE WEST CAP CORP COM 723484101 2331 62704 SH SOLE 62704 0 0 PHOENIX COS INC NEW COM 71902E109 43 15183 SH SOLE 15183 0 0 PIEDMONT NAT GAS INC COM 720186105 228 8334 SH SOLE 8334 0 0 POLYONE CORP COM 73179P106 86 11150 SH SOLE 11150 0 0 PEPCO HOLDINGS INC COM 713291102 1947 112463 SH SOLE 112463 0 0 POOL CORPORATION COM 73278L105 584 30090 SH SOLE 30090 0 0 PORTLAND GEN ELEC CO COM 736508847 232 11223 SH SOLE 11223 0 0 POTASH CORP SASK INC COM 73755L107 18620 170712 SH SOLE 170712 0 0 POTASH CORP SASK INC OPTION 73755L107 268 1425 SH PUT SOLE 1425 0 0 POWER INTEGRATIONS INC COM 739276103 603 16492 SH SOLE 16492 0 0 PHARMACEUTICAL PROD DEV INC COM 717124101 979 41559 SH SOLE 41559 0 0 PPG INDS INC COM 693506107 3491 58907 SH SOLE 58907 0 0 PHARMACEUTICAL HLDRS TR DEPOSI COM 71712A206 6948 104100 SH SOLE 104100 0 0 PPL CORP COM 69351T106 5016 152091 SH SOLE 152091 0 0 Manager: BNP Paribas Arbitrage SA Period End Date: Dec 31,2009 Page27 of 37 ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8 - ------------------------------ ------------------ --------- --------- ------------------ ------- -------- --------------------- Value Shrs or SH/ PUT/ Other Voting Authority Name of Issuer Title of Class CUSIP (x$1000) Prn Amt PRN CALL Dscretn Managers Sole Shared None - ------------------------------ ------------------ --------- --------- --------- --- ---- ------- -------- --------- ------ ---- ING PRIME RATE TR SH BEN INT COM 44977W106 1305 250000 SH SOLE 250000 0 0 PARTNERRE LTD COM G6852T105 929 12358 SH SOLE 12358 0 0 PERRIGO CO COM 714290103 581 14596 SH SOLE 14596 0 0 PROSPERITY BANCSHARES INC COM 743606105 204 5031 SH SOLE 5031 0 0 PRUDENTIAL FINL INC COM 744320102 2466 48785 SH SOLE 48785 0 0 PAR PHARMACEUTICAL COS INC COM 69888P106 454 16685 SH SOLE 16685 0 0 PUBLIC STORAGE COM 74460D109 729 8802 SH SOLE 8802 0 0 PUBLIC STORAGE OPTION 74460D109 295 1733 SH CALL SOLE 1733 0 0 COLLECTIVE BRANDS INC COM 19421W100 306 13445 SH SOLE 13445 0 0 PSS WORLD MED INC COM 69366A100 279 12356 SH SOLE 12356 0 0 PSYCHIATRIC SOLUTIONS INC COM 74439H108 482 22221 SH SOLE 22221 0 0 PORTUGAL TELECOM SGPS S A COM 737273102 716 58430 SH SOLE 58430 0 0 PATTERSON UTI ENERGY INC COM 703481101 932 59487 SH SOLE 59487 0 0 PLATINUM UNDERWRITER HLDGS L COM G7127P100 224 5755 SH SOLE 5755 0 0 PANTRY INC COM 698657103 224 16399 SH SOLE 16399 0 0 PACTIV CORP COM 695257105 805 33091 SH SOLE 33091 0 0 PHILLIPS VAN HEUSEN CORP COM 718592108 472 11426 SH SOLE 11426 0 0 PRIVATEBANCORP INC COM 742962103 671 74578 SH SOLE 74578 0 0 POWERWAVE TECHNOLOGIES INC COM 739363109 20 15717 SH SOLE 15717 0 0 QUANTA SVCS INC COM 74762E102 576 27422 SH SOLE 27422 0 0 PRAXAIR INC COM 74005P104 3570 43927 SH SOLE 43927 0 0 PRAXAIR INC OPTION 74005P104 222 383 SH CALL SOLE 383 0 0 PIONEER NAT RES CO COM 723787107 3357 68448 SH SOLE 68448 0 0 PLAINS EXPL& PRODTN CO COM 726505100 1119 40457 SH SOLE 40457 0 0 PETROBRAS ENERGIA S A SPONS COM 71646J109 163 10357 SH SOLE 10357 0 0 PAPA JOHNS INTL INC COM 698813102 275 11423 SH SOLE 11423 0 0 QWEST COMMUNICATIONS INTL IN COM 749121109 1716 404712 SH SOLE 404712 0 0 QUALCOMM INC COM 747525103 63481 1354703 SH SOLE 1354703 0 0 QUALCOMM INC OPTION 747525103 3485 27313 SH PUT SOLE 27313 0 0 QUALCOMM INC OPTION 747525103 4116 25818 SH CALL SOLE 25818 0 0 PROSHARES TR PSHS ULTSHRT QQQ COM 74347R875 678 36250 SH SOLE 36250 0 0 QLOGIC CORP COM 747277101 472 24768 SH SOLE 24768 0 0 POWERSHARES QQQ TRUST UNIT SER COM 73935A104 973707 21089598 SH SOLE 21089598 0 0 QUEST SOFTWARE INC COM 74834T103 370 19849 SH SOLE 19849 0 0 QUALITY SYS INC COM 747582104 206 3229 SH SOLE 3229 0 0 QUANTUM CORP COM DSSG COM 747906204 85 28472 SH SOLE 28472 0 0 POWERSHARES QQQ TRUST UNIT SER OPTION 73935A104 10771 49199 SH CALL SOLE 49199 0 0 RYDER SYS INC COM 783549108 1013 23990 SH SOLE 23990 0 0 RITE AID CORP COM 767754104 6587 4450838 SH SOLE 4450838 0 0 RAE SYS INC COM 75061P102 23 17558 SH SOLE 17558 0 0 RALCORP HLDGS INC NEW COM 751028101 623 10294 SH SOLE 10294 0 0 REYNOLDS AMERICAN INC COM 761713106 4074 76193 SH SOLE 76193 0 0 REYNOLDS AMERICAN INC OPTION 761713106 5990 8487 SH CALL SOLE 8487 0 0 RACKSPACE HOSTING INC COM 750086100 269 12618 SH SOLE 12618 0 0 RITCHIE BROS AUCTIONEERS COM 767744105 785 35000 SH SOLE 35000 0 0 REGAL BELOIT CORP COM 758750103 1517 29211 SH SOLE 29211 0 0 ROYAL CARIBBEAN CRUISES LTD COM V7780T103 822 32287 SH SOLE 32287 0 0 ROWAN COS INC COM 779382100 2586 112212 SH SOLE 112212 0 0 RUDDICK CORP COM 781258108 1458 56671 SH SOLE 56671 0 0 ROYAL DUTCH SHELL PLC SPONS COM 780259206 3036 50057 SH SOLE 50057 0 0 ROYAL DUTCH SHELL PLC SPON COM 780259107 536 9138 SH SOLE 9138 0 0 DR REDDYS LABS LTD COM 256135203 1327 54333 SH SOLE 54333 0 0 EVEREST RE GROUP LTD COM G3223R108 1087 12672 SH SOLE 12672 0 0 RESOURCES CONNECTION INC COM 76122Q105 328 15477 SH SOLE 15477 0 0 Manager: BNP Paribas Arbitrage SA Period End Date: Dec 31,2009 Page28 of 37 ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8 - ------------------------------ ------------------ --------- --------- ------------------ ------- -------- --------------------- Value Shrs or SH/ PUT/ Other Voting Authority Name of Issuer Title of Class CUSIP (x$1000) Prn Amt PRN CALL Dscretn Managers Sole Shared None - ------------------------------ ------------------ --------- --------- --------- --- ---- ------- -------- --------- ------ ---- REGENCY CTRS CORP COM 758849103 421 11965 SH SOLE 11965 0 0 REGENERON PHARMACEUTICALS COM 75886F107 488 19745 SH SOLE 19745 0 0 REPSOL YPF S A COM 76026T205 1776 65915 SH SOLE 65915 0 0 REX ENERGY CORPORATION COM 761565100 291 22908 SH SOLE 22908 0 0 REGIONS FINANCIAL CORP NEW COM 7591EP100 1394 262016 SH SOLE 262016 0 0 REGIONS FINANCIAL CORP NEW OPTION 7591EP100 251 540 SH PUT SOLE 540 0 0 RF MICRODEVICES INC COM 749941100 240 48994 SH SOLE 48994 0 0 REINSURANCE GROUP AMER INC COM 759351604 631 13110 SH SOLE 13110 0 0 ROYAL GOLD INC COM 780287108 470 10063 SH SOLE 10063 0 0 ROBERT HALF INTL INC COM 770323103 488 17923 SH SOLE 17923 0 0 RED HAT INC COM 756577102 787 25166 SH SOLE 25166 0 0 TRANSOCEAN LTD REG SHS COM H8817H100 9757 116695 SH SOLE 116695 0 0 RESEARCH IN MOTION LTD COM 760975102 8598 127850 SH SOLE 127850 0 0 RAYMOND JAMES FINANCIAL INC COM 754730109 255 10575 SH SOLE 10575 0 0 REGIONAL BK HOLDRS TR DEPOSITR COM 75902E100 89657 1171680 SH SOLE 1171680 0 0 ROCK-TENN CO COM 772739207 222 4409 SH SOLE 4409 0 0 POLO RALPH LAUREN CORP COM 731572103 1068 12945 SH SOLE 12945 0 0 RAMBUS INC DEL COM 750917106 809 33123 SH SOLE 33123 0 0 RAMBUS INC DEL OPTION 750917106 564 1749 SH CALL SOLE 1749 0 0 RESMED INC COM 761152107 292 5536 SH SOLE 5536 0 0 RENAISSANCERE HOLDINGS LTD COM G7496G103 618 11556 SH SOLE 11556 0 0 ROCKWOOD HLDGS INC COM 774415103 299 12563 SH SOLE 12563 0 0 ROCKWELL AUTOMATION INC COM 773903109 1339 28390 SH SOLE 28390 0 0 ROPER INDS INC NEW COM 776696106 1514 28918 SH SOLE 28918 0 0 ROSS STORES INC COM 778296103 2394 55234 SH SOLE 55234 0 0 ROVI CORP COM 779376102 301 9322 SH SOLE 9322 0 0 RANGE RES CORP COM 75281A109 3314 65358 SH SOLE 65358 0 0 DONNELLEY R R & SONS CO COM 257867101 930 41747 SH SOLE 41747 0 0 RRI ENERGY INC COM 74971X107 7153 1210350 SH SOLE 1210350 0 0 REPUBLIC SVCS INC COM 760759100 8727 305777 SH SOLE 305777 0 0 RADIOSHACK CORP COM 750438103 427 21755 SH SOLE 21755 0 0 MARKET VECTORS ETF TR RUSSIA E COM 57060U506 284 9236 SH SOLE 9236 0 0 RETAIL HOLDRS TR DEP RCPT COM 76127U101 146323 1559281 SH SOLE 1559281 0 0 RETAIL HOLDRS TR DEP RCPT OPTION 76127U101 787 5553 SH CALL SOLE 5553 0 0 RETAIL HOLDRS TR DEP RCPT OPTION 76127U101 826 9111 SH PUT SOLE 9111 0 0 RAYTHEON CO COM 755111507 7957 152482 SH SOLE 152482 0 0 RIO TINTO PLC COM 767204100 292 1336 SH SOLE 1336 0 0 RESEARCH IN MOTION LTD OPTION 760975102 2054 3444 SH CALL SOLE 3444 0 0 RESEARCH IN MOTION LTD OPTION 760975102 3883 11973 SH PUT SOLE 11973 0 0 ROYCE VALUE TR INC COM 780910105 312 28908 SH SOLE 28908 0 0 IMS HEALTH INC COM 449934108 1072 50707 SH SOLE 50707 0 0 RYANAIR HLDGS PLC COM 783513104 321 11927 SH SOLE 11927 0 0 RYLAND GROUP INC COM 783764103 990 49613 SH SOLE 49613 0 0 RAYONIER INC COM 754907103 624 14555 SH SOLE 14555 0 0 SPRINT NEXTEL CORP COM SER 1 COM 852061100 3496 924793 SH SOLE 924793 0 0 SPRINT NEXTEL CORP COM SER 1 OPTION 852061100 354 4779 SH PUT SOLE 4779 0 0 SANDERSON FARMS INC COM 800013104 243 5737 SH SOLE 5737 0 0 SAIC INC COM 78390X101 1092 57672 SH SOLE 57672 0 0 PROSHARES TR PSHS REAL ESTAT OPTION 74347R552 10664 4750 SH PUT SOLE 4750 0 0 SAP AG SPON COM 803054204 2877 60697 SH SOLE 60697 0 0 SAPIENT CORP COM 803062108 86 10197 SH SOLE 10197 0 0 SATYAM COMPUTER SERVICES LTD COM 804098101 906 195175 SH SOLE 195175 0 0 SBA COMMUNICATIONS CORP COM 78388J106 629 18334 SH SOLE 18334 0 0 SALLY BEAUTY HLDGS INC COM 79546E104 86 11003 SH SOLE 11003 0 0 Manager: BNP Paribas Arbitrage SA Period End Date: Dec 31,2009 Page29 of 37 ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8 - ------------------------------ ------------------ --------- --------- ------------------ ------- -------- --------------------- Value Shrs or SH/ PUT/ Other Voting Authority Name of Issuer Title of Class CUSIP (x$1000) Prn Amt PRN CALL Dscretn Managers Sole Shared None - ------------------------------ ------------------ --------- --------- --------- --- ---- ------- -------- --------- ------ ---- STERLING BANCSHARES INC COM 858907108 56 10874 SH SOLE 10874 0 0 COMPANHIA DE SANEAMENTO BASI COM 20441A102 2627 66732 SH SOLE 66732 0 0 STARBUCKS CORP COM 855244109 8314 356650 SH SOLE 356650 0 0 STARBUCKS CORP OPTION 855244109 234 15500 SH PUT SOLE 15500 0 0 STARBUCKS CORP OPTION 855244109 726 1370 SH CALL SOLE 1370 0 0 SCANA CORP NEW COM 80589M102 1409 37403 SH SOLE 37403 0 0 SCHNITZER STL INDS OPTION 806882106 330 250 SH CALL SOLE 250 0 0 SCHWAB CHARLES CORP NEW COM 808513105 2463 129355 SH SOLE 129355 0 0 SERVICE CORP INTL COM 817565104 260 31895 SH SOLE 31895 0 0 SANDRIDGE ENERGY INC COM 80007P307 368 38330 SH SOLE 38330 0 0 PROSHARES TR PSHS ULSHT SP500 OPTION 74347R883 33 26550 SH CALL SOLE 26550 0 0 SPECTRA ENERGY CORP COM 847560109 6422 310994 SH SOLE 310994 0 0 SEALED AIR CORP NEW COM 81211K100 1442 65950 SH SOLE 65950 0 0 SEI INVESTMENTS CO COM 784117103 486 27750 SH SOLE 27750 0 0 SMITHFIELD FOODS INC COM 832248108 534 34250 SH SOLE 34250 0 0 ISTAR FINL INC COM 45031U101 73 29396 SH SOLE 29396 0 0 SCIENTIFIC GAMES CORP COM 80874P109 452 31053 SH SOLE 31053 0 0 STONE ENERGY CORP COM 861642106 287 15469 SH SOLE 15469 0 0 SHAW GROUP INC COM 820280105 1089 37291 SH SOLE 37291 0 0 SHUFFLE MASTER INC COM 825549108 135 16197 SH SOLE 16197 0 0 SEARS HLDGS CORP COM 812350106 799 9410 SH SOLE 9410 0 0 MADDEN STEVEN LTD COM 556269108 661 15828 SH SOLE 15828 0 0 SHERWIN WILLIAMS CO COM 824348106 2674 43128 SH SOLE 43128 0 0 ISHARES TR INDEX BARCLYS 1-3 YRCOM 464287457 1832 22077 SH SOLE 22077 0 0 SIEMENS A G COM 826197501 1549 16762 SH SOLE 16762 0 0 SIEMENS A G OPTION 826197501 425 250 SH CALL SOLE 250 0 0 SIGMA ALDRICH CORP COM 826552101 1990 38715 SH SOLE 38715 0 0 COMPANHIA SIDERURGICA NACION COM 20440W105 18419 566737 SH SOLE 566737 0 0 COMPANHIA SIDERURGICA NACION OPTION 20440W105 370 1000 SH CALL SOLE 1000 0 0 SMITH INTL INC COM 832110100 3539 129839 SH SOLE 129839 0 0 SINA CORP COM G81477104 32829 725986 SH SOLE 725986 0 0 SIRIUS XM RADIO INC COM 82967N108 112 194197 SH SOLE 194197 0 0 SVB FINL GROUP COM 78486Q101 237 5699 SH SOLE 5699 0 0 SMUCKER J M CO COM 832696405 318 5095 SH SOLE 5095 0 0 PROSHARES TR PSHS ULTSHT FINL COM 74347R628 3307 137794 SH SOLE 137794 0 0 SK TELECOM LTD COM 78440P108 15806 981150 SH SOLE 981150 0 0 SAKS INC COM 79377W108 280 41301 SH SOLE 41301 0 0 SKYWEST INC COM 830879102 226 13161 SH SOLE 13161 0 0 SILICON LABORATORIES INC COM 826919102 223 4574 SH SOLE 4574 0 0 SCHLUMBERGER LTD COM 806857108 50471 769845 SH SOLE 769845 0 0 SCHLUMBERGER LTD OPTION 806857108 4572 8836 SH CALL SOLE 8836 0 0 SCHLUMBERGER LTD OPTION 806857108 4460 20932 SH PUT SOLE 20932 0 0 SARA LEE CORP COM 803111103 1197 97077 SH SOLE 97077 0 0 SILGAN HOLDINGS INC COM 827048109 612 10536 SH SOLE 10536 0 0 SOLERA HOLDINGS INC COM 83421A104 653 18141 SH SOLE 18141 0 0 SLM CORP COM 78442P106 2373 205629 SH SOLE 205629 0 0 STERLITE INDS INDIA LTD ADS COM 859737207 5409 294285 SH SOLE 294285 0 0 SCOTTS MIRACLE GRO CO COM 810186106 492 12420 SH SOLE 12420 0 0 SEMICONDUCTOR HLDRS TR DEP RCPTCOM 816636203 29120 1034462 SH SOLE 1034462 0 0 SEMICONDUCTOR HLDRS TR DEP RCPTOPTION 816636203 1329 2661 SH CALL SOLE 2661 0 0 SANDISK CORP COM 80004C101 1372 46842 SH SOLE 46842 0 0 SONY CORP COM 835699307 221 7542 SH SOLE 7542 0 0 SCRIPPS NETWORKS INTERACT IN COM 811065101 433 10297 SH SOLE 10297 0 0 SYNOPSYS INC COM 871607107 953 42605 SH SOLE 42605 0 0 Manager: BNP Paribas Arbitrage SA Period End Date: Dec 31,2009 Page30 of 37 ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8 - ------------------------------ ------------------ --------- --------- ------------------ ------- -------- --------------------- Value Shrs or SH/ PUT/ Other Voting Authority Name of Issuer Title of Class CUSIP (x$1000) Prn Amt PRN CALL Dscretn Managers Sole Shared None - ------------------------------ ------------------ --------- --------- --------- --- ---- ------- -------- --------- ------ ---- SYNOVUS FINL CORP COM 87161C105 86 42039 SH SOLE 42039 0 0 SANOFI AVENTIS COM 80105N105 3009 75653 SH SOLE 75653 0 0 SOUTHERN CO COM 842587107 23575 699985 SH SOLE 699985 0 0 SOLUTIA INC COM 834376501 188 14722 SH SOLE 14722 0 0 SOHU COM INC COM 83408W103 875 15219 SH SOLE 15219 0 0 GT SOLAR INTL INC COM 3623E0209 111 19696 SH SOLE 19696 0 0 SONOCO PRODS CO COM 835495102 810 27097 SH SOLE 27097 0 0 SONUS NETWORKS INC COM 835916107 63 29679 SH SOLE 29679 0 0 STANDARD PAC CORP NEW COM 85375C101 1454 387814 SH SOLE 387814 0 0 SIMON PPTY GROUP INC NEW COM 828806109 1329 16315 SH SOLE 16315 0 0 SIMON PPTY GROUP INC NEW OPTION 828806109 781 1320 SH CALL SOLE 1320 0 0 SUBURBAN PROPANE PARTNERS L UN COM 864482104 334 7097 SH SOLE 7097 0 0 STAPLES INC COM 855030102 2020 80867 SH SOLE 80867 0 0 STAPLES INC OPTION 855030102 530 6255 SH PUT SOLE 6255 0 0 STAPLES INC OPTION 855030102 902 6055 SH CALL SOLE 6055 0 0 SPX CORP COM 784635104 1684 30000 SH SOLE 30000 0 0 SUNPOWER CORP COM COM 867652109 6028 252107 SH SOLE 252107 0 0 SUNPOWER CORP COM CL B COM 867652307 732 34799 SH SOLE 34799 0 0 SPDR TR UNIT SER 1 COM 78462F103 3158272 28068543 SH SOLE 28068543 0 0 SOCIEDAD QUIMICA MINERA DE C S COM 833635105 2461 64791 SH SOLE 64791 0 0 STERICYCLE INC COM 858912108 9079 164557 SH SOLE 164557 0 0 SEMPRA ENERGY COM 816851109 5529 97197 SH SOLE 97197 0 0 PROSHARES TR PSHS REAL ESTAT COM 74347R552 4083 565567 SH SOLE 565567 0 0 PROSHARES TR PSHS REAL ESTAT OPTION 74347R552 23 23242 SH CALL SOLE 23242 0 0 SRA INTL INC COM 78464R105 282 14783 SH SOLE 14783 0 0 SIMPSON MANUFACTURING CO INC COM 829073105 250 9282 SH SOLE 9282 0 0 SILVER STD RES INC COM 82823L106 526 24085 SH SOLE 24085 0 0 BANCO SANTANDER SA COM 05964H105 5555 334652 SH SOLE 334652 0 0 STERIS CORP COM 859152100 329 11746 SH SOLE 11746 0 0 STEWART ENTERPRISES INC COM 860370105 52 10246 SH SOLE 10246 0 0 STEMCELLS INC COM 85857R105 16 12711 SH SOLE 12711 0 0 SUNTRUST BKS INC COM 867914103 3310 164015 SH SOLE 164015 0 0 SUNTRUST BKS INC OPTION 867914103 754 542 SH PUT SOLE 542 0 0 ST JUDE MED INC COM 790849103 3337 90119 SH SOLE 90119 0 0 STEEL DYNAMICS INC COM 858119100 7446 417374 SH SOLE 417374 0 0 STMICROELECTRONICS N V NY REGI COM 861012102 4372 479426 SH SOLE 479426 0 0 STEINER LEISURE LTD COM P8744Y102 205 5147 SH SOLE 5147 0 0 STATOIL ASA COM 85771P102 1977 79030 SH SOLE 79030 0 0 SUNTECH PWR HLDGS CO LTD COM 86800C104 6662 404514 SH SOLE 404514 0 0 QUESTAR CORP COM 748356102 3238 76675 SH SOLE 76675 0 0 STRAYER ED INC COM 863236105 1635 7695 SH SOLE 7695 0 0 STATE STR CORP COM 857477103 6599 150352 SH SOLE 150352 0 0 STATE STR CORP OPTION 857477103 1499 1195 SH PUT SOLE 1195 0 0 SEAGATE TECHNOLOGY SHS COM G7945J104 1481 80295 SH SOLE 80295 0 0 SEAGATE TECHNOLOGY SHS OPTION G7945J104 238 700 SH CALL SOLE 700 0 0 SEAGATE TECHNOLOGY SHS OPTION G7945J104 80 15235 SH PUT SOLE 15235 0 0 CONSTELLATION BRANDS INC COM 21036P108 2116 132314 SH SOLE 132314 0 0 SUNCOR ENERGY INC NEW COM 867224107 2714 76294 SH SOLE 76294 0 0 SUNCOR ENERGY INC NEW OPTION 867224107 1060 3014 SH CALL SOLE 3014 0 0 SUNOCO INC COM 86764P109 3189 122547 SH SOLE 122547 0 0 SUSQUEHANNA BANCSHARES INC P COM 869099101 99 16596 SH SOLE 16596 0 0 SUPERVALU INC COM 868536103 802 63361 SH SOLE 63361 0 0 SOFTWARE HOLDRS TR DEPOSITRY R COM 83404B103 462 11000 SH SOLE 11000 0 0 STANLEY WKS COM 854616109 380 7286 SH SOLE 7286 0 0 Manager: BNP Paribas Arbitrage SA Period End Date: Dec 31,2009 Page31 of 37 ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8 - ------------------------------ ------------------ --------- --------- ------------------ ------- -------- --------------------- Value Shrs or SH/ PUT/ Other Voting Authority Name of Issuer Title of Class CUSIP (x$1000) Prn Amt PRN CALL Dscretn Managers Sole Shared None - ------------------------------ ------------------ --------- --------- --------- --- ---- ------- -------- --------- ------ ---- SKYWORKS SOLUTIONS INC COM 83088M102 309 21641 SH SOLE 21641 0 0 SCHWEITZER-MAUDUIT INTL INC COM 808541106 226 3158 SH SOLE 3158 0 0 SOUTHWESTERN ENERGY CO COM 845467109 7232 147805 SH SOLE 147805 0 0 SAFEWAY INC COM 786514208 1519 70479 SH SOLE 70479 0 0 SYBASE INC COM 871130100 7169 163642 SH SOLE 163642 0 0 PROSHARES TR PSHS ULTSHT FINL OPTION 74347R628 1564 750 SH PUT SOLE 750 0 0 STRYKER CORP COM 863667101 5182 102020 SH SOLE 102020 0 0 SYMANTEC CORP COM 871503108 9704 534669 SH SOLE 534669 0 0 SYMANTEC CORP OPTION 871503108 211 6082 SH PUT SOLE 6082 0 0 SYNAPTICS INC COM 87157D109 1649 54552 SH SOLE 54552 0 0 SYNGENTA AG COM 87160A100 1389 24508 SH SOLE 24508 0 0 SYSCO CORP COM 871829107 913 32249 SH SOLE 32249 0 0 SPDR TR UNIT SER 1 OPTION 78462F103 6959 56555 SH PUT SOLE 56555 0 0 AT&T INC COM 00206R102 59436 2098742 SH SOLE 2098742 0 0 AT&T INC OPTION 00206R102 910 7000 SH CALL SOLE 7000 0 0 AT&T INC OPTION 00206R102 7683 51526 SH CALL SOLE 51526 0 0 AT&T INC OPTION 00206R102 1650 3000 SH PUT SOLE 3000 0 0 AT&T INC OPTION 00206R102 7710 57874 SH PUT SOLE 57874 0 0 MOLSON COORS BREWING CO CL B COM 60871R209 1099 24337 SH SOLE 24337 0 0 TCF FINL CORP COM 872275102 176 12973 SH SOLE 12973 0 0 TECK RESOURCES LTD CL B COM 878742204 969 27100 SH SOLE 27100 0 0 TERADATA CORP DEL COM 88076W103 912 29238 SH SOLE 29238 0 0 TELEPHONE & DATA SYS INC COM 879433100 464 13437 SH SOLE 13437 0 0 TIDEWATER INC COM 886423102 250 5203 SH SOLE 5203 0 0 TECO ENERGY INC COM 872375100 1192 72113 SH SOLE 72113 0 0 TELEFONICA S A COM 879382208 2123 25274 SH SOLE 25274 0 0 INTEGRYS ENERGY GROUP INC COM 45822P105 1778 41625 SH SOLE 41625 0 0 TYCO ELECTRONICS LTD SWITZER S COM H8912P106 2085 85115 SH SOLE 85115 0 0 TERADYNE INC COM 880770102 1125 104479 SH SOLE 104479 0 0 TEVA PHARMACEUTICAL INDS LTD COM 881624209 9440 168936 SH SOLE 168936 0 0 TEVA PHARMACEUTICAL INDS LTD OPTION 881624209 528 1750 SH CALL SOLE 1750 0 0 TEREX CORP NEW COM 880779103 764 37811 SH SOLE 37811 0 0 TFS FINL CORP COM 87240R107 222 18251 SH SOLE 18251 0 0 TARGET CORP COM 87612E106 16341 335546 SH SOLE 335546 0 0 TARGET CORP OPTION 87612E106 2439 23798 SH PUT SOLE 23798 0 0 TARGET CORP OPTION 87612E106 4841 14667 SH CALL SOLE 14667 0 0 TENET HEALTHCARE CORP COM 88033G100 748 143919 SH SOLE 143919 0 0 TENET HEALTHCARE CORP OPTION 88033G100 324 1100 SH CALL SOLE 1100 0 0 HANOVER INS GROUP INC COM 410867105 257 5778 SH SOLE 5778 0 0 THOR INDS INC COM 885160101 216 6866 SH SOLE 6866 0 0 THORATEC CORP COM 885175307 1073 39247 SH SOLE 39247 0 0 TELECOM ITALIA S P A NEW SPON COM 87927Y102 979 63155 SH SOLE 63155 0 0 TIBCO SOFTWARE INC COM 88632Q103 205 21112 SH SOLE 21112 0 0 TIFFANY & CO NEW COM 886547108 1940 44324 SH SOLE 44324 0 0 TIFFANY & CO NEW OPTION 886547108 770 3050 SH PUT SOLE 3050 0 0 TIFFANY & CO NEW OPTION 886547108 537 2550 SH CALL SOLE 2550 0 0 TELMEX INTERNACIONAL SAB DE SP COM 879690105 63822 3595585 SH SOLE 3595585 0 0 TEMPLE INLAND INC COM 879868107 208 9685 SH SOLE 9685 0 0 TIVO INC COM 888706108 136 13123 SH SOLE 13123 0 0 TJX COS INC NEW COM 872540109 7943 215497 SH SOLE 215497 0 0 TJX COS INC NEW OPTION 872540109 723 2974 SH PUT SOLE 2974 0 0 TJX COS INC NEW OPTION 872540109 226 2744 SH CALL SOLE 2744 0 0 TEKELEC COM 879101103 177 11467 SH SOLE 11467 0 0 TELLABS INC COM 879664100 2602 452465 SH SOLE 452465 0 0 Manager: BNP Paribas Arbitrage SA Period End Date: Dec 31,2009 Page32 of 37 ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8 - ------------------------------ ------------------ --------- --------- ------------------ ------- -------- --------------------- Value Shrs or SH/ PUT/ Other Voting Authority Name of Issuer Title of Class CUSIP (x$1000) Prn Amt PRN CALL Dscretn Managers Sole Shared None - ------------------------------ ------------------ --------- --------- --------- --- ---- ------- -------- --------- ------ ---- ISHARES TR INDEX BARCLYS 20+ YRCOM 464287432 292 3232 SH SOLE 3232 0 0 TORCHMARK CORP COM 891027104 1147 26087 SH SOLE 26087 0 0 THERMO FISHER SCIENTIFIC INC COM 883556102 6591 137166 SH SOLE 137166 0 0 THOMSON COM 885118109 13 10456 SH SOLE 10456 0 0 TELEFONOS DE MEXICO S A B SPON COM 879403780 60700 3630404 SH SOLE 3630404 0 0 THOMAS & BETTS CORP COM 884315102 1017 28411 SH SOLE 28411 0 0 TELE NORTE LESTE PART S A SPON COM 879246106 5601 260889 SH SOLE 260889 0 0 TOLL BROTHERS INC COM 889478103 5330 282335 SH SOLE 282335 0 0 TOTAL S A COM 89151E109 3156 48766 SH SOLE 48766 0 0 TEMPUR PEDIC INTL INC COM 88023U101 637 26752 SH SOLE 26752 0 0 TRIQUINT SEMICONDUCTOR INC COM 89674K103 116 19000 SH SOLE 19000 0 0 TERRA INDS INC COM 880915103 2500 76928 SH SOLE 76928 0 0 TRANSATLANTIC HLDGS INC COM 893521104 527 10101 SH SOLE 10101 0 0 TRICO MARINE SERVICES INC BOND CV 896106AQ4 241500 4000000 PRN SOLE 4000000 0 0 TRIMBLE NAVIGATION LTD COM 896239100 280 10941 SH SOLE 10941 0 0 TRINITY INDS INC COM 896522109 284 16015 SH SOLE 16015 0 0 PRICE T ROWE GROUP INC COM 74144T108 1983 36879 SH SOLE 36879 0 0 PRICE T ROWE GROUP INC OPTION 74144T108 723 2973 SH CALL SOLE 2973 0 0 TRAVELERS COMPANIES INC COM 89417E109 3834 76292 SH SOLE 76292 0 0 TRAVELERS COMPANIES INC OPTION 89417E109 419 2884 SH PUT SOLE 2884 0 0 TRW AUTOMOTIVE HLDGS CORP COM 87264S106 467 20394 SH SOLE 20394 0 0 TENARIS S A COM 88031M109 6056 141058 SH SOLE 141058 0 0 TRACTOR SUPPLY CO COM 892356106 289 5371 SH SOLE 5371 0 0 SOUTH FINL GROUP INC COM 837841105 13 19739 SH SOLE 19739 0 0 TRINA SOLAR LIMITED SPON COM 89628E104 327 6100 SH SOLE 6100 0 0 TYSON FOODS INC COM 902494103 1204 96348 SH SOLE 96348 0 0 TESORO CORP COM 881609101 1824 134545 SH SOLE 134545 0 0 TESORO CORP OPTION 881609101 474 750 SH PUT SOLE 750 0 0 TESSERA TECHNOLOGIES INC COM 88164L100 243 10828 SH SOLE 10828 0 0 TOTAL SYS SVCS INC COM 891906109 1847 106969 SH SOLE 106969 0 0 TERRESTAR CORP COM 881451108 2038 2087618 SH SOLE 2087618 0 0 TELECOMMUNICATION SYS INC COM 87929J103 851 85716 SH SOLE 85716 0 0 TELETECH HOLDINGS INC COM 879939106 223 10937 SH SOLE 10937 0 0 TETRA TECH INC NEW COM 88162G103 5853 212609 SH SOLE 212609 0 0 TATA MTRS LTD COM 876568502 2505 148284 SH SOLE 148284 0 0 TATA MTRS LTD OPTION 876568502 1840 2000 SH CALL SOLE 2000 0 0 TAKE-TWO INTERACTIVE SOFTWAR COM 874054109 334 32752 SH SOLE 32752 0 0 TUPPERWARE BRANDS CORP COM 899896104 288 6037 SH SOLE 6037 0 0 GRUPO TELEVISA SA DE CV SP COM 40049J206 1723 82635 SH SOLE 82635 0 0 TIME WARNER CABLE INC COM 88732J207 2800 66944 SH SOLE 66944 0 0 TAIWAN FD INC COM 874036106 754 53306 SH SOLE 53306 0 0 TW TELECOM INC COM 87311L104 213 12360 SH SOLE 12360 0 0 TIME WARNER INC COM 887317303 12746 435748 SH SOLE 435748 0 0 TIME WARNER INC OPTION 887317303 1604 5555 SH CALL SOLE 5555 0 0 TIME WARNER INC OPTION 887317303 204 10794 SH PUT SOLE 10794 0 0 TEXAS INDS INC COM 882491103 320 9136 SH SOLE 9136 0 0 TEXAS INSTRS INC COM 882508104 16758 645032 SH SOLE 645032 0 0 TEXAS INSTRS INC OPTION 882508104 3888 6559 SH CALL SOLE 6559 0 0 TEXTRON INC COM 883203101 1114 58583 SH SOLE 58583 0 0 TYCO INTERNATIONAL LTD SHS COM H89128104 4507 125505 SH SOLE 125505 0 0 UNDER ARMOUR INC COM 904311107 622 22316 SH SOLE 22316 0 0 UAL CORP COM 902549807 503 39297 SH SOLE 39297 0 0 UAL CORP OPTION 902549807 270 1060 SH PUT SOLE 1060 0 0 UBS AG SHS COM H89231338 4958 318253 SH SOLE 318253 0 0 Manager: BNP Paribas Arbitrage SA Period End Date: Dec 31,2009 Page33 of 37 ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8 - ------------------------------ ------------------ --------- --------- ------------------ ------- -------- --------------------- Value Shrs or SH/ PUT/ Other Voting Authority Name of Issuer Title of Class CUSIP (x$1000) Prn Amt PRN CALL Dscretn Managers Sole Shared None - ------------------------------ ------------------ --------- --------- --------- --- ---- ------- -------- --------- ------ ---- NET 1 UEPS TECHNOLOGIES INC COM 64107N206 305 15672 SH SOLE 15672 0 0 DOMTAR CORP COM 257559203 515 9042 SH SOLE 9042 0 0 UGI CORP NEW COM 902681105 257 10416 SH SOLE 10416 0 0 UMB FINL CORP COM 902788108 420 10665 SH SOLE 10665 0 0 UNILEVER N V N Y SHS COM 904784709 1257 38886 SH SOLE 38886 0 0 UNITED STATES NATL GAS FUND UN COM 912318102 5166 499168 SH SOLE 499168 0 0 UNITEDHEALTH GROUP INC COM 91324P102 21135 681539 SH SOLE 681539 0 0 UNITEDHEALTH GROUP INC OPTION 91324P102 1938 9500 SH PUT SOLE 9500 0 0 UNITEDHEALTH GROUP INC OPTION 91324P102 663 5879 SH CALL SOLE 5879 0 0 UNUM GROUP COM 91529Y106 1189 59732 SH SOLE 59732 0 0 UNION PAC CORP COM 907818108 9374 144430 SH SOLE 144430 0 0 UNION PAC CORP OPTION 907818108 1052 2603 SH CALL SOLE 2603 0 0 UNION PAC CORP OPTION 907818108 868 11816 SH PUT SOLE 11816 0 0 UNIT CORP COM 909218109 544 12544 SH SOLE 12544 0 0 UNITED ONLINE INC COM 911268100 74 10276 SH SOLE 10276 0 0 UNITED STATES NATL GAS FUND UN OPTION 912318102 334 2000 SH PUT SOLE 2000 0 0 ULTRA PETROLEUM CORP COM 903914109 1374 26858 SH SOLE 26858 0 0 UNITED PARCEL SERVICE INC CL B COM 911312106 40361 693723 SH SOLE 693723 0 0 UNITED PARCEL SERVICE INC CL B OPTION 911312106 597 3051 SH CALL SOLE 3051 0 0 UNITED PARCEL SERVICE INC CL B OPTION 911312106 1118 12298 SH PUT SOLE 12298 0 0 URBAN OUTFITTERS INC COM 917047102 481 13552 SH SOLE 13552 0 0 PROSHARES TR PSHS ULTRA R/EST COM 74347R677 336 46868 SH SOLE 46868 0 0 UNITED RENTALS INC COM 911363109 757 75746 SH SOLE 75746 0 0 URS CORP NEW COM 903236107 1533 34029 SH SOLE 34029 0 0 US BANCORP DEL COM 902973304 19938 888128 SH SOLE 888128 0 0 US BANCORP DEL OPTION 902973304 1020 10990 SH PUT SOLE 10990 0 0 UNITED STATES OIL FUND LP UNITSCOM 91232N108 63972 1634445 SH SOLE 1634445 0 0 UNITED STATES OIL FUND LP UNITSOPTION 91232N108 2084 9372 SH PUT SOLE 9372 0 0 USEC INC COM 90333E108 494 124400 SH SOLE 124400 0 0 UNITED THERAPEUTICS CORP DEL COM 91307C102 267 5098 SH SOLE 5098 0 0 UNITED THERAPEUTICS CORP DEL BOND CV 91307CAD4 359375 2500000 PRN SOLE 2500000 0 0 UTSTARCOM INC COM 918076100 30 13759 SH SOLE 13759 0 0 UNITED TECHNOLOGIES CORP COM 913017109 6475 91859 SH SOLE 91859 0 0 UNITED TECHNOLOGIES CORP OPTION 913017109 700 9548 SH PUT SOLE 9548 0 0 UNITED TECHNOLOGIES CORP OPTION 913017109 1492 4000 SH CALL SOLE 4000 0 0 US GOLD CORPORATION PAR $0.10 COM 912023207 24 10101 SH SOLE 10101 0 0 PROSHARES TR PSHS ULTRA FINL COM 74347R743 3274 575429 SH SOLE 575429 0 0 VALSPAR CORP COM 920355104 418 15415 SH SOLE 15415 0 0 VALE S A COM 91912E105 111022 3862984 SH SOLE 3862984 0 0 VALE S A OPTION 91912E105 14794 24551 SH CALL SOLE 24551 0 0 VALE S A OPTION 91912E105 7215 53119 SH PUT SOLE 53119 0 0 VALE S A COM 91912E204 23983 976524 SH SOLE 976524 0 0 VARIAN MED SYS INC COM 92220P105 698 14751 SH SOLE 14751 0 0 VARIAN INC COM 922206107 228 4413 SH SOLE 4413 0 0 VALASSIS COMMUNICATIONS INC COM 918866104 716 38539 SH SOLE 38539 0 0 VALUECLICK INC COM 92046N102 715 71086 SH SOLE 71086 0 0 VEOLIA ENVIRONNEMENT COM 92334N103 439 13172 SH SOLE 13172 0 0 V F CORP COM 918204108 1271 17124 SH SOLE 17124 0 0 VIACOM INC NEW CL B COM 92553P201 4497 150385 SH SOLE 150385 0 0 VANGUARD SPECIALIZED PORTFOL D COM 921908844 633 13510 SH SOLE 13510 0 0 OPEN JT STK CO-VIMPEL COMMUN COM 68370R109 11751 630416 SH SOLE 630416 0 0 VALERO ENERGY CORP NEW COM 91913Y100 14855 881082 SH SOLE 881082 0 0 VALERO ENERGY CORP NEW OPTION 91913Y100 645 9242 SH CALL SOLE 9242 0 0 VALERO ENERGY CORP NEW OPTION 91913Y100 10740 6519 SH PUT SOLE 6519 0 0 Manager: BNP Paribas Arbitrage SA Period End Date: Dec 31,2009 Page34 of 37 ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8 - ------------------------------ ------------------ --------- --------- ------------------ ------- -------- --------------------- Value Shrs or SH/ PUT/ Other Voting Authority Name of Issuer Title of Class CUSIP (x$1000) Prn Amt PRN CALL Dscretn Managers Sole Shared None - ------------------------------ ------------------ --------- --------- --------- --- ---- ------- -------- --------- ------ ---- VULCAN MATLS CO COM 929160109 614 11462 SH SOLE 11462 0 0 VIRGIN MEDIA INC COM 92769L101 1877 111215 SH SOLE 111215 0 0 VALMONT INDS INC COM 920253101 547 6856 SH SOLE 6856 0 0 VMWARE INC COM 928563402 386 9005 SH SOLE 9005 0 0 VORNADO RLTY TR SH BEN INT COM 929042109 982 13759 SH SOLE 13759 0 0 VODAFONE GROUP PLC NEW SPONS COM 92857W209 2579 111625 SH SOLE 111625 0 0 VODAFONE GROUP PLC NEW SPONS OPTION 92857W209 212 1286 SH PUT SOLE 1286 0 0 VALIDUS HOLDINGS LTD COM SHS COM G9319H102 485 17816 SH SOLE 17816 0 0 VECTOR GROUP LTD DBCV 5.750% 6 BOND CV 92240MAL2 1624000 16000000 PRN SOLE 16000000 0 0 VERISIGN INC COM 92343E102 498 20221 SH SOLE 20221 0 0 VERTEX PHARMACEUTICALS INC COM 92532F100 1166 26763 SH SOLE 26763 0 0 VALEANT PHARMACEUTICALS INTL COM 91911X104 217 6743 SH SOLE 6743 0 0 VISHAY INTERTECHNOLOGY INC COM 928298108 737 86988 SH SOLE 86988 0 0 VENTAS INC COM 92276F100 637 14403 SH SOLE 14403 0 0 VANGUARD INDEX FDS GROWTH ETF COM 922908736 7029 132472 SH SOLE 132472 0 0 VECTREN CORP COM 92240G101 203 8116 SH SOLE 8116 0 0 VAN KAMPEN SENIOR INCOME TR COM 920961109 1055 250000 SH SOLE 250000 0 0 VERIZON COMMUNICATIONS INC COM 92343V104 41665 1246712 SH SOLE 1246712 0 0 VERIZON COMMUNICATIONS INC OPTION 92343V104 881 9000 SH CALL SOLE 9000 0 0 VERIZON COMMUNICATIONS INC OPTION 92343V104 3719 18895 SH CALL SOLE 18895 0 0 VERIZON COMMUNICATIONS INC OPTION 92343V104 1420 21194 SH PUT SOLE 21194 0 0 VERIZON COMMUNICATIONS INC OPTION 92343V104 7068 7500 SH PUT SOLE 7500 0 0 WABTEC CORP COM 929740108 339 8289 SH SOLE 8289 0 0 WESTAMERICA BANCORPORATION COM 957090103 540 9715 SH SOLE 9715 0 0 WALGREEN CO COM 931422109 11171 300867 SH SOLE 300867 0 0 WALGREEN CO OPTION 931422109 1296 11190 SH PUT SOLE 11190 0 0 WALGREEN CO OPTION 931422109 2097 5648 SH CALL SOLE 5648 0 0 WATERS CORP COM 941848103 715 11494 SH SOLE 11494 0 0 WABCO HLDGS INC COM 92927K102 449 17317 SH SOLE 17317 0 0 WIMM BILL DANN FOODS OJSC COM 97263M109 1885 88070 SH SOLE 88070 0 0 WEBSTER FINL CORP CONN COM 947890109 136 11442 SH SOLE 11442 0 0 WESCO INTL INC COM 95082P105 883 32270 SH SOLE 32270 0 0 WELLCARE HEALTH PLANS INC COM 94946T106 800 21247 SH SOLE 21247 0 0 WASTE CONNECTIONS INC COM 941053100 4685 140366 SH SOLE 140366 0 0 WARNER CHILCOTT PLC IRELAND SH COM G94368100 418 14694 SH SOLE 14694 0 0 WESTERN DIGITAL CORP COM 958102105 4152 92895 SH SOLE 92895 0 0 WESTERN DIGITAL CORP OPTION 958102105 221 1006 SH PUT SOLE 1006 0 0 WESTERN DIGITAL CORP OPTION 958102105 1572 916 SH CALL SOLE 916 0 0 WADDELL & REED FINL INC COM 930059100 230 7532 SH SOLE 7532 0 0 WISCONSIN ENERGY CORP COM 976657106 2383 47257 SH SOLE 47257 0 0 WENDYS ARBYS GROUP INC COM 950587105 322 67703 SH SOLE 67703 0 0 WERNER ENTERPRISES INC COM 950755108 254 12523 SH SOLE 12523 0 0 WELLS FARGO & CO NEW COM 949746101 63058 2351174 SH SOLE 2351174 0 0 WELLS FARGO & CO NEW OPTION 949746101 11429 46109 SH CALL SOLE 46109 0 0 WELLS FARGO & CO NEW OPTION 949746101 15624 98500 SH PUT SOLE 98500 0 0 WHOLE FOODS MKT INC COM 966837106 1048 37682 SH SOLE 37682 0 0 MEMC ELECTR MATLS INC COM 552715104 409 30466 SH SOLE 30466 0 0 WASHINGTON FED INC COM 938824109 250 12931 SH SOLE 12931 0 0 WEATHERFORD INTERNATIONAL LT R COM H27013103 8716 481305 SH SOLE 481305 0 0 WEATHERFORD INTERNATIONAL LT R OPTION H27013103 1898 8518 SH CALL SOLE 8518 0 0 WGL HLDGS INC COM 92924F106 249 7425 SH SOLE 7425 0 0 WOODWARD GOVERNOR CO COM 980745103 1933 74071 SH SOLE 74071 0 0 WHIRLPOOL CORP COM 963320106 512 6263 SH SOLE 6263 0 0 WHIRLPOOL CORP OPTION 963320106 653 159 SH CALL SOLE 159 0 0 Manager: BNP Paribas Arbitrage SA Period End Date: Dec 31,2009 Page35 of 37 ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8 - ------------------------------ ------------------ --------- --------- ------------------ ------- -------- --------------------- Value Shrs or SH/ PUT/ Other Voting Authority Name of Issuer Title of Class CUSIP (x$1000) Prn Amt PRN CALL Dscretn Managers Sole Shared None - ------------------------------ ------------------ --------- --------- --------- --- ---- ------- -------- --------- ------ ---- WINDSTREAM CORP COM 97381W104 648 58554 SH SOLE 58554 0 0 WIPRO LTD SPON COM 97651M109 11103 495874 SH SOLE 495874 0 0 WHITING PETE CORP NEW COM 966387102 65555 907961 SH SOLE 907961 0 0 WELLPOINT INC COM 94973V107 17356 295365 SH SOLE 295365 0 0 WELLPOINT INC OPTION 94973V107 492 4012 SH PUT SOLE 4012 0 0 WELLPOINT INC OPTION 94973V107 347 2266 SH CALL SOLE 2266 0 0 WALTER ENERGY INC COM 93317Q105 201 2593 SH SOLE 2593 0 0 WASTE MGMT INC DEL COM 94106L109 9324 274317 SH SOLE 274317 0 0 WILLIAMS COS INC DEL COM 969457100 5481 257306 SH SOLE 257306 0 0 WMS INDS INC COM 929297109 594 14748 SH SOLE 14748 0 0 WAL MART STORES INC COM 931142103 23830 438856 SH SOLE 438856 0 0 WAL MART STORES INC OPTION 931142103 4450 39324 SH CALL SOLE 39324 0 0 WAL MART STORES INC OPTION 931142103 5695 28990 SH PUT SOLE 28990 0 0 WATSON PHARMACEUTICALS INC COM 942683103 501 12588 SH SOLE 12588 0 0 WASHINGTON POST CO CL B COM 939640108 730 1646 SH SOLE 1646 0 0 WESTAR ENERGY INC COM 95709T100 449 20668 SH SOLE 20668 0 0 BERKLEY W R CORP COM 084423102 1062 43082 SH SOLE 43082 0 0 WARNACO GROUP INC COM 934390402 272 6437 SH SOLE 6437 0 0 WILLIS GROUP HOLDINGS LTD SHS COM G96655108 759 28547 SH SOLE 28547 0 0 WILLIAMS SONOMA INC COM 969904101 834 39755 SH SOLE 39755 0 0 WEST PHARMACEUTICAL SVSC INC COM 955306105 590 14805 SH SOLE 14805 0 0 WHITE MTNS INS GROUP LTD COM G9618E107 515 1560 SH SOLE 1560 0 0 AQUA AMERICA INC COM 03836W103 3628 204421 SH SOLE 204421 0 0 WATTS WATER TECHNOLOGIES INC COM 942749102 4060 128764 SH SOLE 128764 0 0 WET SEAL INC COM 961840105 41 12118 SH SOLE 12118 0 0 WESTERN UN CO COM 959802109 3542 186227 SH SOLE 186227 0 0 WATSON WYATT WORLDWIDE INC COM 942712100 1439 30152 SH SOLE 30152 0 0 WOLVERINE WORLD WIDE INC COM 978097103 525 19292 SH SOLE 19292 0 0 WRIGHT EXPRESS CORP COM 98233Q105 294 9186 SH SOLE 9186 0 0 WEYERHAEUSER CO COM 962166104 5609 127874 SH SOLE 127874 0 0 WYNDHAM WORLDWIDE CORP COM 98310W108 1261 61834 SH SOLE 61834 0 0 WYNN RESORTS LTD COM 983134107 1876 31964 SH SOLE 31964 0 0 UNITED STATES STL CORP NEW COM 912909108 8168 147148 SH SOLE 147148 0 0 UNITED STATES STL CORP NEW OPTION 912909108 6469 7879 SH CALL SOLE 7879 0 0 UNITED STATES STL CORP NEW OPTION 912909108 8462 10920 SH PUT SOLE 10920 0 0 MARKET VECTORS ETF TR GOLD MIN OPTION 57060U100 2757 5847 SH CALL SOLE 5847 0 0 ISHARES INC MSCI MEX INVEST OPTION 464286822 3476 4025 SH CALL SOLE 4025 0 0 ISHARES INC MSCI MEX INVEST OPTION 464286822 1171 4889 SH PUT SOLE 4889 0 0 SELECT SECTOR SPDR TR SBI INT- OPTION 81369Y704 2996 13767 SH CALL SOLE 13767 0 0 CIMAREX ENERGY CO COM 171798101 954 17676 SH SOLE 17676 0 0 XCEL ENERGY INC COM 98389B100 3955 184373 SH SOLE 184373 0 0 SPDR SERIES TRUST S&P HOMEBUILDCOM 78464A888 14369 940358 SH SOLE 940358 0 0 XL CAP LTD COM G98255105 1931 104870 SH SOLE 104870 0 0 XL CAP LTD OPTION G98255105 309 5700 SH PUT SOLE 5700 0 0 SELECT SECTOR SPDR TR SBI MATE COM 81369Y100 86425 2583708 SH SOLE 2583708 0 0 SELECT SECTOR SPDR TR SBI MATE OPTION 81369Y100 917 4193 SH CALL SOLE 4193 0 0 SELECT SECTOR SPDR TR SBI MATE OPTION 81369Y100 373 7426 SH PUT SOLE 7426 0 0 SELECT SECTOR SPDR TR SBI INT- COM 81369Y506 101177 1760522 SH SOLE 1760522 0 0 SELECT SECTOR SPDR TR SBI INT- OPTION 81369Y506 5358 35637 SH CALL SOLE 35637 0 0 SELECT SECTOR SPDR TR SBI INT- OPTION 81369Y506 6473 81002 SH PUT SOLE 81002 0 0 SELECT SECTOR SPDR TR SBI INT- COM 81369Y605 336522 23320985 SH SOLE 23320985 0 0 SELECT SECTOR SPDR TR SBI INT- OPTION 81369Y605 10489 102939 SH CALL SOLE 102939 0 0 SELECT SECTOR SPDR TR SBI INT- OPTION 81369Y605 38019 128487 SH PUT SOLE 128487 0 0 SELECT SECTOR SPDR TR SBI INT- COM 81369Y704 62159 2208914 SH SOLE 2208914 0 0 Manager: BNP Paribas Arbitrage SA Period End Date: Dec 31,2009 Page36 of 37 ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8 - ------------------------------ ------------------ --------- --------- ------------------ ------- -------- --------------------- Value Shrs or SH/ PUT/ Other Voting Authority Name of Issuer Title of Class CUSIP (x$1000) Prn Amt PRN CALL Dscretn Managers Sole Shared None - ------------------------------ ------------------ --------- --------- --------- --- ---- ------- -------- --------- ------ ---- SELECT SECTOR SPDR TR SBI INT- COM 81369Y803 36422 1574653 SH SOLE 1574653 0 0 XILINX INC COM 983919101 2568 101304 SH SOLE 101304 0 0 SELECT SECTOR SPDR TR SBI CONS COM 81369Y308 45944 1718803 SH SOLE 1718803 0 0 SELECT SECTOR SPDR TR SBI CONS OPTION 81369Y308 2084 10500 SH CALL SOLE 10500 0 0 SELECT SECTOR SPDR TR SBI CONS OPTION 81369Y308 228 10500 SH PUT SOLE 10500 0 0 SELECT SECTOR SPDR TR SBI INT- COM 81369Y886 28440 903710 SH SOLE 903710 0 0 SELECT SECTOR SPDR TR SBI INT- OPTION 81369Y886 608 2500 SH CALL SOLE 2500 0 0 SELECT SECTOR SPDR TR SBI HEAL COM 81369Y209 47320 1502712 SH SOLE 1502712 0 0 SELECT SECTOR SPDR TR SBI HEAL OPTION 81369Y209 1840 9000 SH CALL SOLE 9000 0 0 SELECT SECTOR SPDR TR SBI HEAL OPTION 81369Y209 528 20506 SH PUT SOLE 20506 0 0 SELECT SECTOR SPDR TR SBI CONS COM 81369Y407 38467 1280112 SH SOLE 1280112 0 0 SELECT SECTOR SPDR TR SBI CONS OPTION 81369Y407 2593 8991 SH CALL SOLE 8991 0 0 SELECT SECTOR SPDR TR SBI CONS OPTION 81369Y407 479 16571 SH PUT SOLE 16571 0 0 SPDR SERIES TRUST S&P METALS M COM 78464A755 1543 29548 SH SOLE 29548 0 0 EXXON MOBIL CORP COM 30231G102 192749 2802800 SH SOLE 2802800 0 0 EXXON MOBIL CORP OPTION 30231G102 3678 44423 SH CALL SOLE 44423 0 0 EXXON MOBIL CORP OPTION 30231G102 18049 68581 SH PUT SOLE 68581 0 0 SPDR SERIES TRUST S&P OILGAS E COM 78464A730 20605 500000 SH SOLE 500000 0 0 DENTSPLY INTL INC NEW COM 249030107 1364 38357 SH SOLE 38357 0 0 SPDR SERIES TRUST S&P RETAIL E COM 78464A714 42682 1184950 SH SOLE 1184950 0 0 XEROX CORP COM 984121103 9246 1067635 SH SOLE 1067635 0 0 XEROX CORP OPTION 984121103 1802 3845 SH PUT SOLE 3845 0 0 XTO ENERGY INC COM 98385X106 12230 260210 SH SOLE 260210 0 0 XTO ENERGY INC OPTION 98385X106 362 6431 SH CALL SOLE 6431 0 0 XTO ENERGY INC OPTION 98385X106 395 7035 SH PUT SOLE 7035 0 0 ISHARES INC MSCI S KOREA OPTION 464286772 3045 4500 SH CALL SOLE 4500 0 0 ISHARES INC MSCI S KOREA OPTION 464286772 330 1550 SH PUT SOLE 1550 0 0 POWERSHARES QQQ TRUST UNIT SER OPTION 73935A104 2266 64818 SH PUT SOLE 64818 0 0 WEATHERFORD INTERNATIONAL LT R OPTION H27013103 4636 7396 SH PUT SOLE 7396 0 0 YINGLI GREEN ENERGY HLDG CO COM 98584B103 4949 311681 SH SOLE 311681 0 0 YAHOO INC COM 984332106 30993 1825252 SH SOLE 1825252 0 0 YAHOO INC OPTION 984332106 8954 22655 SH PUT SOLE 22655 0 0 ISHARES SILVER TRUST ISHARES OPTION 46428Q109 1380 9500 SH CALL SOLE 9500 0 0 TRANSOCEAN LTD REG SHS OPTION H8817H100 563 1581 SH CALL SOLE 1581 0 0 TRANSOCEAN LTD REG SHS OPTION H8817H100 1580 4917 SH PUT SOLE 4917 0 0 SPDR TR UNIT SER 1 OPTION 78462F103 7144 52084 SH CALL SOLE 52084 0 0 YUM BRANDS INC COM 988498101 3701 105119 SH SOLE 105119 0 0 YUM BRANDS INC OPTION 988498101 620 4271 SH PUT SOLE 4271 0 0 YUM BRANDS INC OPTION 988498101 616 4051 SH CALL SOLE 4051 0 0 OIL SVC HOLDRS TR DEPOSTRY RCPTOPTION 678002106 256 6074 SH PUT SOLE 6074 0 0 YANZHOU COAL MNG CO LTD SPON COM 984846105 335 15294 SH SOLE 15294 0 0 ZEBRA TECHNOLOGIES CORP COM 989207105 476 16750 SH SOLE 16750 0 0 ZIONS BANCORPORATION COM 989701107 438 34207 SH SOLE 34207 0 0 ZIMMER HLDGS INC COM 98956P102 7431 124342 SH SOLE 124342 0 0 QUIKSILVER INC COM 74838C106 34 16583 SH SOLE 16583 0 0 ZORAN CORP COM 98975F101 324 29111 SH SOLE 29111 0 0 ISHARES TR INDEX MSCI EAFE IDX OPTION 464287465 4340 7050 SH CALL SOLE 7050 0 0 ISHARES TR INDEX DJ US REAL ESTOPTION 464287739 4889 15043 SH CALL SOLE 15043 0 0 ISHARES INC MSCI BRAZIL OPTION 464286400 20319 38405 SH CALL SOLE 38405 0 0 ISHARES INC MSCI BRAZIL OPTION 464286400 19981 47811 SH PUT SOLE 47811 0 0 OIL SVC HOLDRS TR DEPOSTRY RCPTOPTION 678002106 3255 2812 SH CALL SOLE 2812 0 0 ISHARES TR INDEX MSCI EMERG MKTOPTION 464287234 40460 70498 SH CALL SOLE 70498 0 0 ISHARES TR INDEX MSCI EMERG MKTOPTION 464287234 8415 115246 SH PUT SOLE 115246 0 0
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