The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
ROYAL DUTCH SHELL PLC SPON ADR ADUS 780259107 1,163 17,550 SH   SOLE None 17,550 0 0
ROYAL DUTCH SHELL PLC SPONS AD ADUS 780259206 1,223 19,169 SH   SOLE None 19,169 0 0
CHINA LODGING GROUP LTD SPONSO ADUS 16949N109 256 16,000 SH   SOLE None 16,000 0 0
GRAVITY CO LTD SPONSORED ADR ADUS 38911n107 326 278,578 SH   SOLE None 278,578 0 0
NATUZZI S P A ADR ADUS 63905a101 530 244,193 SH   SOLE None 244,193 0 0
NOVARTIS A G SPONSORED ADR ADUS 66987V109 297 4,200 SH   SOLE None 4,200 0 0
VODAFONE GROUP PLC NEW SPONS A ADUS 92857W209 336 11,680 SH   SOLE None 11,680 0 0
YOUKU TUDOU INC SPONSORED ADR ADUS 98742U100 332 17,300 SH   SOLE None 17,300 0 0
ADAMS EXPRESS CO COM CLSD FD 6212104 1,094 91,510 SH   SOLE None 91,510 0 0
ALPINE TOTAL DYNAMIC DIVID FD CLSD FD 21060108 39 10,000 SH   SOLE None 10,000 0 0
ASIA PAC FD INC COM CLSD FD 44901106 191 18,940 SH   SOLE None 18,940 0 0
BOULDER GROWTH & INCOME FD INC CLSD FD 101507101 446 60,000 SH   SOLE None 60,000 0 0
BOULDER TOTAL RETURN FD INC CO CLSD FD 101541100 718 33,900 SH   SOLE None 33,900 0 0
CENTRAL FD CDA LTD CL A CLSD FD 153501101 3,363 247,277 SH   SOLE None 247,277 0 0
GDL FUND COM SH BEN IT CLSD FD 361570104 603 52,715 SH   SOLE None 52,715 0 0
MFS GOVT MKTS INCOME TR SH BEN CLSD FD 552939100 637 106,400 SH   SOLE None 106,400 0 0
MADISON CLAYMORE CALL & EQTY FD CLSD FD 557437100 1,423 179,500 SH   SOLE None 179,500 0 0
NUVEEN TAX FREE ADV MN COM CLSD FD 670657105 135 10,513 SH   SOLE None 10,513 0 0
NUVEEN OHIO QUALITY INCOME MUN CLSD FD 670980101 450 30,196 SH   SOLE None 30,196 0 0
SWISS HELVETIA FD INC COM CLSD FD 870875101 282 22,870 SH   SOLE None 22,870 0 0
TRI CONTL CORP COM CLSD FD 895436103 1,700 95,000 SH   SOLE None 95,000 0 0
ZWEIG TOTAL RETURN FD INC COM CLSD FD 989837208 1,300 101,100 SH   SOLE None 101,100 0 0
CLOUGH GLOBAL OPPORTUNITIES FD CLSD FD 18914E106 279 21,700 SH   SOLE None 21,700 0 0
EATON VANCE RISK MNGD DIV EQTY CLSD FD 27829G106 6,124 561,827 SH   SOLE None 561,827 0 0
GABELLI DIVD & INCOME TR COM CLSD FD 36242H104 533 27,615 SH   SOLE None 27,615 0 0
MFS INTER INCOME TR SH BEN INT CLSD FD 55273C107 1,875 326,020 SH   SOLE None 326,020 0 0
NUVEEN MULT STGV INCM COM CLSD FD 67090n109 168 15,000 SH   SOLE None 15,000 0 0
SPECIAL OPPORTUNITIES FD INC C CLSD FD 84741T104 2,982 176,160 SH   SOLE None 176,160 0 0
WESTERN ASSET CLYM INFL SEC IN CLSD FD 95766Q106 120 10,000 SH   SOLE None 10,000 0 0
WESTERN ASSET CLYM INFL OPP IN CLSD FD 95766R104 1,221 103,000 SH   SOLE None 103,000 0 0
ABB LTD SPONSORED ADR COM 375204 217 10,000 SH   SOLE None 10,000 0 0
ABBOTT LABS COM COM 2824100 1,900 54,481 SH   SOLE None 54,481 0 0
AIR T INC COM COM 9207101 169 16,419 SH   SOLE None 16,419 0 0
ALBANY MOLECULAR RESH INC COM COM 12423109 3,442 290,000 SH   SOLE None 290,000 0 0
ALCOA INC COM COM 13817101 439 56,200 SH   SOLE None 56,200 0 0
ALEXANDER & BALDWIN INC NEW CO COM 14491104 685 17,224 SH   SOLE None 17,224 0 0
AMBAC FINL GROUP INC COM COM 23139884 342 14,340 SH   SOLE None 14,340 0 0
AMGEN INC COM COM 31162100 627 6,360 SH   SOLE None 6,360 0 0
AMTECH SYS INC COM PAR $0.01N COM 32332504 616 96,860 SH   SOLE None 96,860 0 0
ANADARKO PETE CORP COM COM 32511107 365 4,250 SH   SOLE None 4,250 0 0
APACHE CORP COM COM 37411105 884 10,550 SH   SOLE None 10,550 0 0
APPLE INC COM COM 37833100 2,204 5,557 SH   SOLE None 5,557 0 0
APPLIED MATLS INC COM COM 38222105 1,124 75,316 SH   SOLE None 75,316 0 0
ARCHER DANIELS MIDLAND CO COM COM 39483102 441 13,000 SH   SOLE None 13,000 0 0
ASCENT CAP GROUP INC COM SER A COM 43632108 1,635 20,942 SH   SOLE None 20,942 0 0
ASHLAND INC NEW COM COM 44209104 284 3,400 SH   SOLE None 3,400 0 0
AUTOMATIC DATA PROCESSING INC COM 53015103 251 3,650 SH   SOLE None 3,650 0 0
AXCELIS TECHNOLOGIES INC COM COM 54540109 864 474,500 SH   SOLE None 474,500 0 0
BB&T CORP COM COM 54937107 373 11,000 SH   SOLE None 11,000 0 0
BMC SOFTWARE INC COM COM 55921100 1,580 35,014 SH   SOLE None 35,014 0 0
BTU INTL INC COM COM 56032105 268 111,568 SH   SOLE None 111,568 0 0
BANCROFT FUND LTD COM COM 59695106 173 10,000 SH   SOLE None 10,000 0 0
BANK OF AMERICA CORPORATION CO COM 60505104 285 22,146 SH   SOLE None 22,146 0 0
BANK NEW YORK MELLON CORP COM COM 64058100 1,246 44,412 SH   SOLE None 44,412 0 0
BAXTER INTL INC COM COM 71813109 465 6,710 SH   SOLE None 6,710 0 0
BEAM INC COM COM 73730103 1,550 24,568 SH   SOLE None 24,568 0 0
BERKSHIRE HATHAWAY INC DEL CL COM 84670702 4,306 38,475 SH   SOLE None 38,475 0 0
BLUCORA INC COM COM 95229100 1,416 76,350 SH   SOLE None 76,350 0 0
BOSTON PRIVATE FINL HLDGS INC COM 101119105 252 23,700 SH   SOLE None 23,700 0 0
BRISTOL MYERS SQUIBB CO COM COM 110122108 3,191 71,392 SH   SOLE None 71,392 0 0
CSX CORP COM COM 126408103 664 28,626 SH   SOLE None 28,626 0 0
CALLAWAY GOLF CO COM COM 131193104 1,125 170,900 SH   SOLE None 170,900 0 0
CARLISLE COS INC COM COM 142339100 598 9,600 SH   SOLE None 9,600 0 0
CATERPILLAR INC DEL COM COM 149123101 451 5,467 SH   SOLE None 5,467 0 0
CELGENE CORP COM COM 151020104 854 7,300 SH   SOLE None 7,300 0 0
CHEVRON CORP NEW COM COM 166764100 552 4,668 SH   SOLE None 4,668 0 0
CINCINNATI BELL INC COM COM 171871106 301 98,400 SH   SOLE None 98,400 0 0
CINCINNATI FINL CORP COM COM 172062101 4,892 106,537 SH   SOLE None 106,537 0 0
CITIGROUP INC COM NEW COM 172967424 729 15,191 SH   SOLE None 15,191 0 0
COBRA ELECTRS CORP COM COM 191042100 534 174,974 SH   SOLE None 174,974 0 0
COCA COLA CO COM COM 191216100 3,981 99,256 SH   SOLE None 99,256 0 0
COLGATE PALMOLIVE CO COM COM 194162103 229 4,000 SH   SOLE None 4,000 0 0
COMPUWARE CORP COM COM 205638109 223 21,600 SH   SOLE None 21,600 0 0
CONAGRA FOODS INC COM COM 205887102 1,378 39,454 SH   SOLE None 39,454 0 0
CONCEPTUS INC COM COM 206016107 1,086 35,000 SH   SOLE None 35,000 0 0
CONSOLIDATED EDISON INC COM COM 209115104 692 11,866 SH   SOLE None 11,866 0 0
CONTINENTAL MATLS COM 211615307 204 13,200 SH   SOLE None 13,200 0 0
COOPER TIRE & RUBR CO COM COM 216831107 3,370 101,600 SH   SOLE None 101,600 0 0
CORNING INC COM COM 219350105 3,176 223,202 SH   SOLE None 223,202 0 0
CORVEL CORP COM COM 221006109 1,264 43,192 SH   SOLE None 43,192 0 0
COURIER CORP COM COM 222660102 531 37,200 SH   SOLE None 37,200 0 0
CROSS A T CO CL A COM 227478104 844 49,766 SH   SOLE None 49,766 0 0
CRYOLIFE INC COM COM 228903100 391 62,447 SH   SOLE None 62,447 0 0
DAKTRONICS INC COM COM 234264109 394 38,360 SH   SOLE None 38,360 0 0
DEAN FOODS CO NEW COM COM 242370104 330 32,959 SH   SOLE None 32,959 0 0
DEERE & CO COM COM 244199105 217 2,669 SH   SOLE None 2,669 0 0
DESWELL INDS INC COM COM 250639101 182 72,943 SH   SOLE None 72,943 0 0
DIGIRAD CORP COM COM 253827109 638 261,342 SH   SOLE None 261,342 0 0
DISNEY WALT CO COM DISNEY COM 254687106 1,640 25,973 SH   SOLE None 25,973 0 0
DONEGAL GROUP INC CL A COM 257701201 173 12,400 SH   SOLE None 12,400 0 0
DOW CHEM CO COM COM 260543103 1,119 34,793 SH   SOLE None 34,793 0 0
DU PONT E I DE NEMOURS & CO CO COM 263534109 1,965 37,420 SH   SOLE None 37,420 0 0
E M C CORP MASS COM COM 268648102 901 38,125 SH   SOLE None 38,125 0 0
EAGLE CAP GROWTH FD INC COM COM 269451100 651 84,568 SH   SOLE None 84,568 0 0
EBAY INC COM COM 278642103 476 9,200 SH   SOLE None 9,200 0 0
EBIX INC COM NEW COM 278715206 157 17,000 SH   SOLE None 17,000 0 0
EMERSON ELEC CO COM COM 291011104 1,166 21,376 SH   SOLE None 21,376 0 0
EMERSON RADIO CORP COM NEW COM 291087203 206 123,121 SH   SOLE None 123,121 0 0
EMMIS COMMUNICTNS CORP CL A COM 291525103 221 103,400 SH   SOLE None 103,400 0 0
ENZO BIOCHEM INC COM 294100102 111 53,600 SH   SOLE None 53,600 0 0
FERRO CORP COM COM 315405100 212 30,525 SH   SOLE None 30,525 0 0
FIRSTMERIT CORP COM COM 337915102 229 11,419 SH   SOLE None 11,419 0 0
FIRSTENERGY CORP COM COM 337932107 933 25,000 SH   SOLE None 25,000 0 0
FORESTAR GROUP INC COM COM 346233109 2,096 104,509 SH   SOLE None 104,509 0 0
FREIGHTCAR AMER INC COM COM 357023100 377 22,200 SH   SOLE None 22,200 0 0
FREQUENCY ELECTRS INC COM COM 358010106 224 21,048 SH   SOLE None 21,048 0 0
FROZEN FOOD EXPRESS INDS INC C COM 359360104 132 82,267 SH   SOLE None 82,267 0 0
GENERAL ELECTRIC CO COM COM 369604103 2,308 99,515 SH   SOLE None 99,515 0 0
GENERAL MLS INC COM COM 370334104 474 9,768 SH   SOLE None 9,768 0 0
GOODRICH PETE CORP COM NEW COM 382410405 390 30,500 SH   SOLE None 30,500 0 0
HARRIS & HARRIS GROUP COM 413833104 370 121,821 SH   SOLE None 121,821 0 0
HARRIS CORP DEL COM COM 413875105 881 17,894 SH   SOLE None 17,894 0 0
HARTE-HANKS INC COM COM 416196103 869 101,062 SH   SOLE None 101,062 0 0
HAWAIIAN HOLDINGS INC COM COM 419879101 822 134,500 SH   SOLE None 134,500 0 0
HEIDRICK & STRUGGLES INTL INC COM 422819102 585 35,000 SH   SOLE None 35,000 0 0
HILLSHIRE BRANDS CO COM COM 432589109 1,131 34,181 SH   SOLE None 34,181 0 0
HONEYWELL INTL INC COM COM 438516106 2,352 29,648 SH   SOLE None 29,648 0 0
HOOKER FURNITURE CORP COM COM 439038100 286 17,600 SH   SOLE None 17,600 0 0
HUBBELL INC CL A COM 443510102 11,747 130,517 SH   SOLE None 130,517 0 0
HYSTER YALE MATLS HANDLING INC COM 449172105 1,278 20,352 SH   SOLE None 20,352 0 0
IGO INC COM COM 449593201 40 17,141 SH   SOLE None 17,141 0 0
INTEL CORP COM COM 458140100 4,904 202,390 SH   SOLE None 202,390 0 0
INTERNATIONAL BUSINESS MACHS C COM 459200101 2,667 13,955 SH   SOLE None 13,955 0 0
INTERNATIONAL GAME TECHNOLOGY COM 459902102 226 13,533 SH   SOLE None 13,533 0 0
INVACARE CORP COM COM 461203101 1,071 74,609 SH   SOLE None 74,609 0 0
ISHARES GOLD TRUST ISHARES COM 464285105 871 72,633 SH   SOLE None 72,633 0 0
JOHN BEAN TECHNOLOGIES COM 477839104 250 11,879 SH   SOLE None 11,879 0 0
JOHNSON & JOHNSON COM COM 478160104 4,058 47,259 SH   SOLE None 47,259 0 0
KEYCORP NEW COM COM 493267108 301 27,223 SH   SOLE None 27,223 0 0
KIMBALL INTL INC CL B COM 494274103 588 60,583 SH   SOLE None 60,583 0 0
KOPIN CORP COM COM 500600101 148 40,000 SH   SOLE None 40,000 0 0
KRISPY KREME DOUGHNUTS INC COM COM 501014104 2,134 122,283 SH   SOLE None 122,283 0 0
LNB BANCORP INC COM COM 502100100 712 82,930 SH   SOLE None 82,930 0 0
LAKELAND INDS INC COM COM 511795106 1,873 396,814 SH   SOLE None 396,814 0 0
LANDEC CORP COM COM 514766104 878 66,476 SH   SOLE None 66,476 0 0
LANNET INC COM COM 516012101 1,145 96,150 SH   SOLE None 96,150 0 0
LAWSON PRODS INC COM COM 520776105 512 39,898 SH   SOLE None 39,898 0 0
LEGG MASON INC COM COM 524901105 1,591 51,300 SH   SOLE None 51,300 0 0
LENNAR CORP CL B COM 526057302 7,053 248,793 SH   SOLE None 248,793 0 0
LEUCADIA NATL CORP COM 527288104 1,011 38,568 SH   SOLE None 38,568 0 0
LIBERTY ALL STAR EQUITY FD SH COM 530158104 2,061 396,263 SH   SOLE None 396,263 0 0
LIBERTY MEDIA CORPORATION LIB COM 531229102 1,090 8,600 SH   SOLE None 8,600 0 0
LIFEWAY FOODS INC. COMMON COM 531914109 1,060 61,059 SH   SOLE None 61,059 0 0
LILLY ELI & CO COM COM 532457108 253 5,145 SH   SOLE None 5,145 0 0
LINCOLN EDL SVCS CORP COM COM 533535100 329 62,500 SH   SOLE None 62,500 0 0
LUBYS INC COM COM 549282101 731 86,471 SH   SOLE None 86,471 0 0
LUFKIN INDS INC COM COM 549764108 1,150 13,000 SH   SOLE None 13,000 0 0
LYDALL INC DEL COM COM 550819106 526 36,000 SH   SOLE None 36,000 0 0
MVC CAPITAL INC COM COM 553829102 1,007 80,000 SH   SOLE None 80,000 0 0
MANITEX INTL INC COM COM 563420108 1,132 103,370 SH   SOLE None 103,370 0 0
MAST THERAPEUTICS INC COM COM 576314108 793 1,848,045 SH   SOLE None 1,848,045 0 0
MAUI LD & PINNEAPPLE INC COM 577345101 97 23,853 SH   SOLE None 23,853 0 0
MAXWELL TECHNOLOGIES INC COM COM 577767106 193 27,000 SH   SOLE None 27,000 0 0
MAXYGEN INC COM COM 577776107 198 80,000 SH   SOLE None 80,000 0 0
MCDONALDS CORP COM COM 580135101 1,677 16,937 SH   SOLE None 16,937 0 0
MEAD JOHNSON NUTRITION CO COM COM 582839106 736 9,296 SH   SOLE None 9,296 0 0
MEDTRONIC INC COM COM 585055106 503 9,780 SH   SOLE None 9,780 0 0
MEMSIC INC COM 586264103 64 15,700 SH   SOLE None 15,700 0 0
MENS WEARHOUSE INC COM COM 587118100 1,041 27,496 SH   SOLE None 27,496 0 0
MICROSOFT CORP COM COM 594918104 5,364 155,274 SH   SOLE None 155,274 0 0
MINDSPEED TECHNOLOGIES INC COM 602682205 895 276,250 SH   SOLE None 276,250 0 0
MINE SAFETY APPLIANCES CO COM COM 602720104 351 7,533 SH   SOLE None 7,533 0 0
MONDELEZ INTL INC CL A COM 609207105 914 32,037 SH   SOLE None 32,037 0 0
NACCO INDS INC CL A COM 629579103 669 11,672 SH   SOLE None 11,672 0 0
NASH FINCH CO COM COM 631158102 682 31,000 SH   SOLE None 31,000 0 0
NEWMONT MINING CORP COM COM 651639106 656 21,897 SH   SOLE None 21,897 0 0
ORBIT INTL CORP COM NEW COM 685559304 68 20,200 SH   SOLE None 20,200 0 0
OVERHILL FARMS INC COM COM 690212105 619 124,995 SH   SOLE None 124,995 0 0
PICO HLDGS INC COM NEW COM 693366205 541 25,800 SH   SOLE None 25,800 0 0
PVF CAPITAL CORP COM COM 693654105 930 232,488 SH   SOLE None 232,488 0 0
PARKER HANNIFIN CORP COM COM 701094104 1,150 12,051 SH   SOLE None 12,051 0 0
PENFORD CORP COM COM 707051108 870 65,000 SH   SOLE None 65,000 0 0
PEPSICO INC COM COM 713448108 2,013 24,611 SH   SOLE None 24,611 0 0
PERMA FIX ENVIRONMENTAL SVCS COM 714157104 122 339,353 SH   SOLE None 339,353 0 0
PFIZER INC COM COM 717081103 5,544 197,920 SH   SOLE None 197,920 0 0
PHILIP MORRIS INTL INC COM COM 718172109 753 8,692 SH   SOLE None 8,692 0 0
PLANAR SYS INC COM COM 726900103 30 17,600 SH   SOLE None 17,600 0 0
POST HLDGS INC COM COM 737446104 1,188 27,218 SH   SOLE None 27,218 0 0
PROCTER & GAMBLE CO COM COM 742718109 3,526 45,803 SH   SOLE None 45,803 0 0
PROGRESSIVE CORP OHIO COM COM 743315103 662 26,037 SH   SOLE None 26,037 0 0
QUALCOMM INC COM COM 747525103 582 9,519 SH   SOLE None 9,519 0 0
QUANTUM CORP COM DSSG COM 747906204 323 236,000 SH   SOLE None 236,000 0 0
RCM TECHNOLOGIES INC COM NEW COM 749360400 111 20,475 SH   SOLE None 20,475 0 0
RAYTHEON CO COM NEW COM 755111507 1,071 16,200 SH   SOLE None 16,200 0 0
RIMAGE CORP COM COM 766721104 406 48,719 SH   SOLE None 48,719 0 0
ROUSE PPTYS INC COM COM 779287101 1,109 56,534 SH   SOLE None 56,534 0 0
csus781295100 COM 781295100 521 12,526 SH   SOLE None 12,526 0 0
RUSH ENTERPRISES INC CL B COM 781846308 8,593 399,286 SH   SOLE None 399,286 0 0
SAFEGUARD SCIENTIFICS INC COM COM 786449207 482 30,000 SH   SOLE None 30,000 0 0
SALEM COMMUNICATIONS COM 794093104 220 29,374 SH   SOLE None 29,374 0 0
SANFILIPPO JOHN B & SON INC CO COM 800422107 626 31,049 SH   SOLE None 31,049 0 0
SAUER DANFOSS COM 804137107 5,320 90,934 SH   SOLE None 90,934 0 0
SCHLUMBERGER LTD COM COM 806857108 596 8,315 SH   SOLE None 8,315 0 0
SCOTTS MIRACLE GRO CO CL A COM 810186106 781 16,161 SH   SOLE None 16,161 0 0
SMITHFIELD FOODS INC COM COM 832248108 1,012 30,900 SH   SOLE None 30,900 0 0
SMUCKER J M CO COM NEW COM 832696405 281 2,721 SH   SOLE None 2,721 0 0
csus836091108 COM 836091108 305 61,200 SH   SOLE None 61,200 0 0
SPECTRA ENERGY CORP COM COM 847560109 436 12,660 SH   SOLE None 12,660 0 0
STANDARD PARKING CORP COM COM 853790103 1,407 65,554 SH   SOLE None 65,554 0 0
STANLEY FURNITURE CO INC COM N COM 854305208 567 141,679 SH   SOLE None 141,679 0 0
STATE AUTO FINL CORP COM COM 855707105 590 32,495 SH   SOLE None 32,495 0 0
STEINWAY MUSICAL INSTRUMENTS COM 858495104 2,149 70,625 SH   SOLE None 70,625 0 0
STRATEGIC GLOBAL INCOME FD COM COM 862719101 1,258 133,500 SH   SOLE None 133,500 0 0
STRYKER CORP COM COM 863667101 398 6,160 SH   SOLE None 6,160 0 0
SYMANTEC CORP COM COM 871503108 357 15,900 SH   SOLE None 15,900 0 0
SYSCO CORP COM COM 871829107 1,772 51,861 SH   SOLE None 51,861 0 0
TEVA PHARMACEUTICAL INDS LTD A COM 881624209 333 8,500 SH   SOLE None 8,500 0 0
TEXAS INSTRS INC COM COM 882508104 1,095 31,432 SH   SOLE None 31,432 0 0
THERAGENICS CORP COM COM 883375107 681 329,033 SH   SOLE None 329,033 0 0
THERMO FISHER SCIENTIFIC INC C COM 883556102 254 3,000 SH   SOLE None 3,000 0 0
TIME WARNER INC COM NEW COM 887317303 1,676 28,995 SH   SOLE None 28,995 0 0
TIMKEN CO COM COM 887389104 207 3,675 SH   SOLE None 3,675 0 0
TOWER INTL INC COM COM 891826109 248 12,512 SH   SOLE None 12,512 0 0
TRIO TECH INTL COM NEW COM 896712205 53 18,922 SH   SOLE None 18,922 0 0
TRIPADVISOR INC COM COM 896945201 953 15,653 SH   SOLE None 15,653 0 0
TRUSTCO BK CORP N Y COM COM 898349105 478 87,900 SH   SOLE None 87,900 0 0
TUESDAY MORNING CORP COM NEW COM 899035505 578 55,760 SH   SOLE None 55,760 0 0
U S GLOBAL INVS INC CL A COM 902952100 53 25,000 SH   SOLE None 25,000 0 0
US BANCORP DEL COM NEW COM 902973304 278 7,680 SH   SOLE None 7,680 0 0
UNITED INS HLDGS CORP COM 910710102 507 72,500 SH   SOLE None 72,500 0 0
UNITED ONLINE INC COM COM 911268100 1,777 234,430 SH   SOLE None 234,430 0 0
UTAH MED PRODS INC COM COM 917488108 288 5,305 SH   SOLE None 5,305 0 0
VICON INDS INC COM COM 925811101 111 42,962 SH   SOLE None 42,962 0 0
WUXI PHARMATECH CAYMAN INC SPO COM 929352102 565 26,925 SH   SOLE None 26,925 0 0
WAL-MART STORES INC COM COM 931142103 898 12,062 SH   SOLE None 12,062 0 0
WALGREEN CO COM COM 931422109 1,829 41,380 SH   SOLE None 41,380 0 0
WEBSENSE INC COM 947684106 5,041 203,688 SH   SOLE None 203,688 0 0
WELLS FARGO & CO NEW COM COM 949746101 3,777 91,513 SH   SOLE None 91,513 0 0
WESTERN UN CO COM COM 959802109 860 50,273 SH   SOLE None 50,273 0 0
WET SEAL INC CL A COM 961840105 448 95,000 SH   SOLE None 95,000 0 0
WHITEWAVE FOODS CO COM CL A COM 966244105 1,078 66,349 SH   SOLE None 66,349 0 0
WILEY JOHN & SONS INC CLASS A COM 968223206 962 23,997 SH   SOLE None 23,997 0 0
XEROX CORP COM COM 984121103 1,642 181,050 SH   SOLE None 181,050 0 0
BLACKHAWK NETWORK HLDGS COM 09238e104 1,520 65,520 SH   SOLE None 65,520 0 0
ING U S INC COM 45685e106 1,419 52,435 SH   SOLE None 52,435 0 0
JAKKS PAC INC COM COM 47012e106 892 79,300 SH   SOLE None 79,300 0 0
THE ADT CORPORATION COM COM 00101J106 2,495 62,600 SH   SOLE None 62,600 0 0
AMC NETWORKS INC CL A COM 00164V103 918 14,050 SH   SOLE None 14,050 0 0
AT&T INC COM COM 00206R102 3,524 99,542 SH   SOLE None 99,542 0 0
AXT INC COM COM 00246W103 564 208,900 SH   SOLE None 208,900 0 0
ABBVIE INC COM 00287y109 2,790 67,481 SH   SOLE None 67,481 0 0
ACCELRYS INC COM COM 00430U103 150 17,880 SH   SOLE None 17,880 0 0
csus00489c103 COM 00489c103 513 39,700 SH   SOLE None 39,700 0 0
ACTIVE POWER INC COM COM 00504w308 88 21,000 SH   SOLE None 21,000 0 0
ALASKA COMMNCT SYS GRP COM COM 01167p101 290 171,849 SH   SOLE None 171,849 0 0
ALLIANCEBERNSTEIN HOLDING LP U COM 01881g106 1,102 52,950 SH   SOLE None 52,950 0 0
ALTISOURCE RESIDENTIAL COM 02153w100 501 30,000 SH   SOLE None 30,000 0 0
AMERICAN RLTY CAP PPTYS INC CO COM 02917t104 254 16,650 SH   SOLE None 16,650 0 0
AMERISERV FINL INC COM COM 03074A102 27 10,000 SH   SOLE None 10,000 0 0
AMERIPRISE FINL INC COM COM 03076C106 647 8,000 SH   SOLE None 8,000 0 0
ASSISTED LIVING CONCEPTS COM 04544x300 1,287 107,580 SH   SOLE None 107,580 0 0
AVIAT NETWORKS INC COM COM 05366Y102 643 245,248 SH   SOLE None 245,248 0 0
CST BRANDS COM 12646r105 1,038 33,675 SH   SOLE None 33,675 0 0
CAPITOL ACQUISITION CORP COM 14056v204 151 15,000 SH   SOLE None 15,000 0 0
CAPSTONE TURBINE CORP COM COM 14067d102 117 100,000 SH   SOLE None 100,000 0 0
CISCO SYS INC COM COM 17275R102 2,743 112,703 SH   SOLE None 112,703 0 0
CLOUD PEAK ENERGY INC COM COM 18911Q102 600 36,423 SH   SOLE None 36,423 0 0
CONOCOPHILLIPS COM COM 20825C104 2,451 40,518 SH   SOLE None 40,518 0 0
COSTCO WHSL CORP NEW COM COM 22160K105 281 2,541 SH   SOLE None 2,541 0 0
DEMAND MEDIA INC COM COM 24802n109 512 85,388 SH   SOLE None 85,388 0 0
DIAMOND OFFSHORE DRILLING INC COM 25271C102 722 10,500 SH   SOLE None 10,500 0 0
DIGITAL ALLY INC COM NEW COM 25382P208 91 12,163 SH   SOLE None 12,163 0 0
DIGITAL GENERATION INC COM 25400b108 402 54,600 SH   SOLE None 54,600 0 0
EAGLE BANCORP MONT COM 26942g100 404 37,900 SH   SOLE None 37,900 0 0
EATON VANCE TX MGD DIV EQ INCM COM 27828N102 169 16,600 SH   SOLE None 16,600 0 0
EINSTEIN NOAH REST GROUP INC C COM 28257U104 281 19,779 SH   SOLE None 19,779 0 0
EXACTTARGET INC COM 30064k105 2,765 82,000 SH   SOLE None 82,000 0 0
EXXON MOBIL CORP COM COM 30231G102 2,800 30,990 SH   SOLE None 30,990 0 0
FIRST TR ENERGY INCOME & GRW C COM 33738G104 846 24,907 SH   SOLE None 24,907 0 0
FIRSTHAND TECH VALUE FD INC CO COM 33766Y100 3,257 164,016 SH   SOLE None 164,016 0 0
FREEPORT-MCMORAN COPPER & GOLD COM 35671D857 381 13,782 SH   SOLE None 13,782 0 0
GOOGLE INC CL A COM 38259P508 592 673 SH   SOLE None 673 0 0
HESKA CORP COM RESTRC NEW COM 42805e306 520 75,470 SH   SOLE None 75,470 0 0
IMATION CORP COM COM 45245A107 938 221,865 SH   SOLE None 221,865 0 0
INTEGRATED INPATIENT SOLUTIONS COM 45825F104 2 350,000 SH   SOLE None 350,000 0 0
INTERNET PATENTS CORP COM COM 46063g101 397 110,010 SH   SOLE None 110,010 0 0
ITERIS INC COM COM 46564T107 497 277,742 SH   SOLE None 277,742 0 0
JPMORGAN CHASE & CO COM COM 46625H100 4,318 81,803 SH   SOLE None 81,803 0 0
KID BRANDS INC COM COM 49375T100 277 180,000 SH   SOLE None 180,000 0 0
KRAFT FOODS GROUP INC COM COM 50076Q106 2,305 41,265 SH   SOLE None 41,265 0 0
LIBERTY INTERACTIVE CORP INT C COM 53071M104 1,518 65,952 SH   SOLE None 65,952 0 0
LIBERTY INTERACTIVE CORP LBT V COM 53071M880 2,731 32,127 SH   SOLE None 32,127 0 0
LIFE TECHNOLOGIES CORP COM COM 53217v109 522 7,056 SH   SOLE None 7,056 0 0
LIFETIME BRANDS INC COM COM 53222Q103 787 57,943 SH   SOLE None 57,943 0 0
MATSON INC COM COM 57686G105 551 22,052 SH   SOLE None 22,052 0 0
MEDICAL ACTION INDS INC COM COM 58449L100 891 115,702 SH   SOLE None 115,702 0 0
MERCK & CO INC NEW COM COM 58933Y105 1,273 27,404 SH   SOLE None 27,404 0 0
csus62544x209 COM 62544x209 1,213 382,609 SH   SOLE None 382,609 0 0
MULTIBAND CORP COM NEW COM 62544x209 40 12,540 SH   SOLE None 12,540 0 0
NATIONAL FINL PTNRS CP COM COM 63607p208 682 26,959 SH   SOLE None 26,959 0 0
NAUTILUS INC COM COM 63910B102 622 71,545 SH   SOLE None 71,545 0 0
NETSPEND HLDS COM 64118v106 4,634 290,000 SH   SOLE None 290,000 0 0
NEUTRAL TANDEM INC COM 64128b108 206 35,800 SH   SOLE None 35,800 0 0
NEWS CORP CL A COM 65249b208 243 7,450 SH   SOLE None 7,450 0 0
NV ENERGY INC COM COM 67073y106 2,233 95,200 SH   SOLE None 95,200 0 0
PPL CORP COM COM 69351T106 1,182 39,050 SH   SOLE None 39,050 0 0
PERCEPTRON INC COM COM 71361F100 328 41,525 SH   SOLE None 41,525 0 0
PHOENIX COS INC NEW COM NEW COM 71902E604 484 11,250 SH   SOLE None 11,250 0 0
POWER-ONE INC COM COM 73930r102 1,786 282,622 SH   SOLE None 282,622 0 0
PROLOR BIOTECH INC COM 74344F106 64 10,100 SH   SOLE None 10,100 0 0
QEP RES INC COM COM 74733V100 2,103 75,712 SH   SOLE None 75,712 0 0
QIHOO 360 TECHNOLOGY C ADS COM 74734m109 369 8,000 SH   SOLE None 8,000 0 0
RTI BIOLOGICS INC COM COM 74975N105 449 119,500 SH   SOLE None 119,500 0 0
REALNETWORKS INC COM 75605l708 798 105,500 SH   SOLE None 105,500 0 0
SILICON IMAGE INC COM COM 82705T102 232 39,700 SH   SOLE None 39,700 0 0
SILICON GRAPHICS INTL CORP COM COM 82706L108 288 21,500 SH   SOLE None 21,500 0 0
SIRIUS XM RADIO INC COM COM 82967N108 40 12,000 SH   SOLE None 12,000 0 0
STARZ LIBRTY CAP COM A COM 85571q102 893 40,419 SH   SOLE None 40,419 0 0
TFS FINL CORP COM COM 87240R107 18,995 1,696,009 SH   SOLE None 1,696,009 0 0
TARGACEPT INC COM COM 87611R306 249 58,200 SH   SOLE None 58,200 0 0
TELULAR CORP COM NEW COM 87970T208 287 22,500 SH   SOLE None 22,500 0 0
3M CO COM COM 88579Y101 2,768 25,309 SH   SOLE None 25,309 0 0
TRANSCEPT PHARMACEUTICALS INC COM 89354M106 60 20,000 SH   SOLE None 20,000 0 0
VAALCO ENERGY INC COM NEW COM 91851C201 475 83,000 SH   SOLE None 83,000 0 0
VERIZON COMMUNICATIONS INC COM COM 92343V104 4,137 82,186 SH   SOLE None 82,186 0 0
VIAD CORP COM NEW COM 92552r406 864 35,250 SH   SOLE None 35,250 0 0
WPCS INTL INC COM NEW COM 92931l302 92 21,430 SH   SOLE None 21,430 0 0
WARREN RES INC COM COM 93564a100 102 40,000 SH   SOLE None 40,000 0 0
ZAGG INC COM 98884u108 112 21,000 SH   SOLE None 21,000 0 0
ZEP INC COM COM 98944B108 3,222 203,539 SH   SOLE None 203,539 0 0
ZOLTEK COS INC COM COM 98975W104 303 23,500 SH   SOLE None 23,500 0 0
EATON CORP PLC COM g29183103 1,038 15,767 SH   SOLE None 15,767 0 0
LIBERTY GLOBAL INC COM SER C COM g5480u120 1,595 23,500 SH   SOLE None 23,500 0 0
EUROSEAS LTD COM NEW COM Y23592200 74 70,982 SH   SOLE None 70,982 0 0
STEALTHGAS INC SHS COM y81669106 275 25,000 SH   SOLE None 25,000 0 0
CAMBRIA TR SHAREHOLDER YLD INDX FD 132061201 207 8,250 SH   SOLE None 8,250 0 0
ISHARES INC EM MKT MIN VOL INDX FD 464286533 333 5,832 SH   SOLE None 5,832 0 0
ISHARES TR DJ SEL DIV INX INDX FD 464287168 291 4,546 SH   SOLE None 4,546 0 0
ISHARES TR BARCLYS TIPS BD INDX FD 464287176 303 2,709 SH   SOLE None 2,709 0 0
ISHARES TR CORE S&P500 ETF INDX FD 464287200 1,590 9,885 SH   SOLE None 9,885 0 0
ISHARES TR MSCI EMERG MKT INDX FD 464287234 319 8,286 SH   SOLE None 8,286 0 0
ISHARES TR IBOXX INV CPBD INDX FD 464287242 205 1,806 SH   SOLE None 1,806 0 0
ISHARES TR BARCLYS 1-3 YR INDX FD 464287457 253 3,000 SH   SOLE None 3,000 0 0
ISHARES TR MSCI EAFE INDEX INDX FD 464287465 511 8,914 SH   SOLE None 8,914 0 0
ISHARES TR RUSSELL MIDCAP INDX FD 464287499 340 2,615 SH   SOLE None 2,615 0 0
ISHARES TR CORE S&P MCP ETF INDX FD 464287507 6,506 56,325 SH   SOLE None 56,325 0 0
ISHARES TR NASDQ BIO INDX INDX FD 464287556 298 1,715 SH   SOLE None 1,715 0 0
ISHARES TR RUSSELL1000VAL INDX FD 464287598 534 6,374 SH   SOLE None 6,374 0 0
ISHARES TR RUSSELL1000GRW INDX FD 464287614 415 5,706 SH   SOLE None 5,706 0 0
ISHARES TR HIGH YLD CORP INDX FD 464288513 352 3,875 SH   SOLE None 3,875 0 0
ISHARES TR US PFD STK IDX INDX FD 464288687 297 7,555 SH   SOLE None 7,555 0 0
REVENUESHARES ETF TR SMALL CAP INDX FD 761396308 2,498 57,161 SH   SOLE None 57,161 0 0
SWEDISH EXPT CR CORP ROG AGRI INDX FD 870297603 110 13,270 SH   SOLE None 13,270 0 0
SWEDISH EXPT CR CORP ROG TTL E INDX FD 870297801 5,964 748,362 SH   SOLE None 748,362 0 0
VANGUARD SPECIALIZED PORTFOLIO INDX FD 921908844 7,043 106,393 SH   SOLE None 106,393 0 0
VANGUARD WORLD FD MEGA CAP IND INDX FD 921910873 11,991 219,417 SH   SOLE None 219,417 0 0
VANGUARD BD INDEX FD INC INTER INDX FD 921937819 313 3,751 SH   SOLE None 3,751 0 0
VANGUARD BD INDEX FD INC SHORT INDX FD 921937827 5,913 73,847 SH   SOLE None 73,847 0 0
VANGUARD INTL EQUITY INDEX FD INDX FD 922042718 2,382 26,697 SH   SOLE None 26,697 0 0
VANGUARD FTSE ALL-WORLD EX US INDX FD 922042775 13,444 304,023 SH   SOLE None 304,023 0 0
VANGUARD FTSE EMERGING MARKET INDX FD 922042858 14,721 379,450 SH   SOLE None 379,450 0 0
VANGUARD INDEX FDS S&P 500 ETF INDX FD 922908413 12,808 174,645 SH   SOLE None 174,645 0 0
VANGUARD INDEX FDS REIT ETF INDX FD 922908553 11,496 167,288 SH   SOLE None 167,288 0 0
VANGUARD INDEX FDS SM CP VAL E INDX FD 922908611 336 4,013 SH   SOLE None 4,013 0 0
VANGUARD INDEX FDS EXTEND MKT INDX FD 922908652 6,200 88,793 SH   SOLE None 88,793 0 0
VANGUARD INDEX FDS SMALL CP ET INDX FD 922908751 4,491 47,922 SH   SOLE None 47,922 0 0
VANGUARD INDEX FDS TOTAL STK M INDX FD 922908769 609 7,361 SH   SOLE None 7,361 0 0
FIRST TR EXCHANGE TRADED FD NY INDX FD 33733E203 2,173 37,337 SH   SOLE None 37,337 0 0
ALPS ETF TR ALERIAN MLP INDX FD 00162Q866 250 14,000 SH   SOLE None 14,000 0 0
BARCLAYS BK PLC IPATH S&P MLP INDX FD 06742a750 257 8,978 SH   SOLE None 8,978 0 0
BLDRS INDEX FDS TR EMER MK 50 INDX FD 09348R300 413 12,014 SH   SOLE None 12,014 0 0
CLAYMORE EXCHANGE TRD FD TR GU INDX FD 18383M506 8,286 357,453 SH   SOLE None 357,453 0 0
CREDIT SUISSE NASSAU BRH ETN L INDX FD 22542D852 1,102 36,871 SH   SOLE None 36,871 0 0
INDEXIQ ETF TR US RL EST SMCP INDX FD 45409B628 648 26,754 SH   SOLE None 26,754 0 0
INDEXIQ ETF TR IQ GLB RES ETF INDX FD 45409B883 255 9,861 SH   SOLE None 9,861 0 0
ISHARES SILVER TRUST ISHARES INDX FD 46428Q109 2,235 117,803 SH   SOLE None 117,803 0 0
ISHARES TR HGH DIV EQT FD INDX FD 46429B663 10,238 154,325 SH   SOLE None 154,325 0 0
ISHARES TR USA MIN VOL ID INDX FD 46429B697 275 8,452 SH   SOLE None 8,452 0 0
ISHARES INC CORE MSCI EMERGING INDX FD 46434g103 206 4,480 SH   SOLE None 4,480 0 0
JPMORGAN CHASE & CO ALERIAN ML INDX FD 46625H365 1,717 36,821 SH   SOLE None 36,821 0 0
JAPAN SMALLER CAPTLZTN FD INC INDX FD 47109U104 120 14,024 SH   SOLE None 14,024 0 0
MARKET VECTORS ETF TR MKTVEC M INDX FD 57060U134 1,303 53,350 SH   SOLE None 53,350 0 0
MARKET VECTORS ETF TR AGRIBUS INDX FD 57060U605 2,503 48,903 SH   SOLE None 48,903 0 0
MARKET VECTORS ETF TR RVE HARD INDX FD 57060U795 278 8,241 SH   SOLE None 8,241 0 0
MARKET VECTORS ETF TR MKTVEC S INDX FD 57060U803 288 16,431 SH   SOLE None 16,431 0 0
PIMCO ETF TR 1-5 US TIP IDX INDX FD 72201R205 221 4,204 SH   SOLE None 4,204 0 0
POWERSHARES ETF TRUST DYNAMIC INDX FD 73935X104 1,480 26,391 SH   SOLE None 26,391 0 0
POWERSHARES ETF TRUST HI YLD E INDX FD 73935x302 321 29,947 SH   SOLE None 29,947 0 0
POWERSHARES ETF TRUST FTSE RAF INDX FD 73935X583 8,441 117,235 SH   SOLE None 117,235 0 0
POWERSHARES ETF TRUST II SENIO INDX FD 73936Q769 819 33,074 SH   SOLE None 33,074 0 0
POWERSHARES ETF TRUST II INTL INDX FD 73936Q835 626 22,730 SH   SOLE None 22,730 0 0
POWERSHARES GLOBAL ETF TRUST D INDX FD 73936T789 4,053 110,089 SH   SOLE None 110,089 0 0
POWERSHARES ETF TR II S&P500 L INDX FD 73937B779 626 20,124 SH   SOLE None 20,124 0 0
PRECIDIAN ETFS TR MAXIS NIKKEI INDX FD 74016w106 293 17,950 SH   SOLE None 17,950 0 0
SPDR S&P 500 ETF TR UNIT INDX FD 78462F103 3,211 20,017 SH   SOLE None 20,017 0 0
SPDR GOLD TRUST GOLD SHS INDX FD 78463V107 4,964 41,678 SH   SOLE None 41,678 0 0
SPDR INDEX SHS FDS DJ GLB RL E INDX FD 78463X749 7,749 184,108 SH   SOLE None 184,108 0 0
SPDR SER TR SHT TRM HGH YLD INDX FD 78468R408 579 19,196 SH   SOLE None 19,196 0 0
SPROTT PHYSICAL GOLD TRUST UNI INDX FD 85207H104 1,699 165,872 SH   SOLE None 165,872 0 0
VANGUARD WORLD FDS ENERGY ETF INDX FD 92204A306 6,775 60,253 SH   SOLE None 60,253 0 0
VANGUARD WORLD FDS MATERIALS E INDX FD 92204A801 6,139 70,948 SH   SOLE None 70,948 0 0
VANGUARD WORLD FDS UTILITIES E INDX FD 92204A876 254 3,094 SH   SOLE None 3,094 0 0
VANGUARD SCOTTSDALE FDS SHRT-T INDX FD 92206C409 1,218 15,403 SH   SOLE None 15,403 0 0
WISDOMTREE TRUST EMG MKTS SMCA INDX FD 97717W281 2,105 45,722 SH   SOLE None 45,722 0 0
WISDOMTREE TRUST LARGECAP DIVI INDX FD 97717W307 499 8,347 SH   SOLE None 8,347 0 0
WISDOMTREE TRUST DIV EX-FINL F INDX FD 97717W406 336 5,400 SH   SOLE None 5,400 0 0
WISDOMTREE TRUST MIDCAP DIVI F INDX FD 97717W505 285 4,348 SH   SOLE None 4,348 0 0
WISDOMTREE TR EM LCL DEBT FD INDX FD 97717X867 508 10,584 SH   SOLE None 10,584 0 0
EL PASO PIPELINE PARTNERS L P LP 283702108 403 9,221 SH   SOLE None 9,221 0 0
ENTERPRISE PRODS PARTNERS L P LP 293792107 1,916 30,834 SH   SOLE None 30,834 0 0
KINDER MORGAN ENERGY PARTNERS LP 494550106 1,121 13,126 SH   SOLE None 13,126 0 0
PLAINS ALL AMERN PIPELINE L P LP 726503105 1,262 22,605 SH   SOLE None 22,605 0 0
ROSE ROCK MIDSTREAM L P COM U LP 777149105 515 14,059 SH   SOLE None 14,059 0 0
UBS AG JERSEY BRH ALERIAN INFR LP 902641646 1,165 29,647 SH   SOLE None 29,647 0 0
WESTERN GAS PARTNERS LP COM UN LP 958254104 956 14,732 SH   SOLE None 14,732 0 0
ACCESS MIDSTREAM PARTNERS L P LP 00434L109 946 19,827 SH   SOLE None 19,827 0 0
ENERGY TRANSFER PRTNRS L P UNI LP 29273R109 251 4,973 SH   SOLE None 4,973 0 0
ENERGY TRANSFER EQUITY L P COM LP 29273V100 619 10,356 SH   SOLE None 10,356 0 0
FIRST TR MLP & ENERGY INCOME F LP 33739b104 1,166 56,996 SH   SOLE None 56,996 0 0
KINDER MORGAN INC DEL COM LP 49456B101 1,529 40,080 SH   SOLE None 40,080 0 0
ONEOK PARTNERS LP UNIT LTD PAR LP 68268N103 276 5,571 SH   SOLE None 5,571 0 0
SPECTRA ENERGY PARTNERS LP COM LP 84756N109 392 8,522 SH   SOLE None 8,522 0 0
TESORO LOGISTICS LP COM UNIT L LP 88160T107 284 4,702 SH   SOLE None 4,702 0 0
WILLIAMS PARTNERS L P COM UNIT LP 96950F104 244 4,719 SH   SOLE None 4,719 0 0