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
ACADIA PHARMACEUTICALS INC COM 004225108 430 23,702 SH   SOLE   23,702 0 0
ACHILLION PHARMACEUTICALS IN COM 00448Q201 784 95,891 SH   SOLE   95,891 0 0
ACHILLION PHARMACEUTICALS IN COM 00448Q201 41 5,000 SH Call SOLE   5,000 0 0
AEGERION PHARMACEUTICALS INC COM 00767E102 244 3,860 SH   SOLE   3,860 0 0
ALEXION PHARMACEUTICALS INC COM 015351109 1,706 18,500 SH   SOLE   18,500 0 0
ALNYLAM PHARMACEUTICALS INC COM 02043Q107 1,345 43,400 SH   SOLE   43,400 0 0
AMERISOURCEBERGEN CORP COM 03073E105 212 3,800 SH Call SOLE   3,800 0 0
AMGEN INC COM 031162100 11 113 SH   SOLE   113 0 0
AMGEN INC COM 031162100 286 2,900 SH Call SOLE   2,900 0 0
ANWORTH MORTGAGE ASSET CP COM 037347101 3,095 552,600 SH   SOLE   552,600 0 0
APPLE INC COM 037833100 3,781 9,535 SH   SOLE   9,535 0 0
APPLIED MATLS INC COM 038222105 1,379 92,400 SH   SOLE   92,400 0 0
APPLIED MATLS INC COM 038222105 1,381 92,600 SH Call SOLE   92,600 0 0
ARCELORMITTAL SA LUXEMBOURG NOTE 5.000% 5/1 03938LAK0 73 72,000 PRN   SOLE   72,000 0 0
AUGUSTA RES CORP COM NEW 050912203 3,288 1,565,558 SH   SOLE   1,565,558 0 0
BANK OF AMERICA CORPORATION *W EXP 01/16/201 060505146 0 90 SH   SOLE   90 0 0
BANK OF AMERICA CORPORATION COM 060505104 4,410 342,900 SH   SOLE   342,900 0 0
BECTON DICKINSON & CO COM 075887109 237 2,400 SH Call SOLE   2,400 0 0
BIOGEN IDEC INC COM 09062X103 312 1,450 SH   SOLE   1,450 0 0
BIOGEN IDEC INC COM 09062X103 344 1,600 SH Call SOLE   1,600 0 0
BOSTON SCIENTIFIC CORP COM 101137107 213 23,000 SH Call SOLE   23,000 0 0
BRISTOL MYERS SQUIBB CO COM 110122108 380 8,500 SH Call SOLE   8,500 0 0
BROOKFIELD INFRAST PARTNERS LP INT UNIT G16252101 4,094 112,100 SH   SOLE   112,100 0 0
CARDINAL HEALTH INC COM 14149Y108 212 4,500 SH Call SOLE   4,500 0 0
CELGENE CORP COM 151020104 2,092 17,880 SH   SOLE   17,880 0 0
CELLDEX THERAPEUTICS INC NEW COM 15117B103 78 5,000 SH Call SOLE   5,000 0 0
CELLDEX THERAPEUTICS INC NEW COM 15117B103 707 45,295 SH   SOLE   45,295 0 0
CEPHEID COM 15670R107 301 8,750 SH   SOLE   8,750 0 0
CHENIERE ENERGY INC COM NEW 16411R208 11,190 403,088 SH   SOLE   403,088 0 0
CHENIERE ENERGY PARTNERS LP COM UNIT 16411Q101 3,977 133,064 SH   SOLE   133,064 0 0
CHEVRON CORP NEW COM 166764100 781 6,600 SH   SOLE   6,600 0 0
CHICOPEE BANCORP INC COM 168565109 2,713 160,514 SH   SOLE   160,514 0 0
CISCO SYS INC COM 17275R102 281 11,550 SH   SOLE   11,550 0 0
CIT GROUP INC COM NEW 125581801 1,865 40,000 SH   SOLE   40,000 0 0
CITIGROUP INC COM NEW 172967424 37,683 785,556 SH   SOLE   785,556 0 0
CLOVIS ONCOLOGY INC COM 189464100 7,401 110,490 SH   SOLE   110,490 0 0
COCA COLA CO COM 191216100 252 6,286 SH   SOLE   6,286 0 0
COCA COLA ENTERPRISES INC NE COM 19122T109 264 7,500 SH   SOLE   7,500 0 0
COLGATE PALMOLIVE CO COM 194162103 458 8,000 SH   SOLE   8,000 0 0
CONSUMER PORTFOLIO SVCS INC COM 210502100 3,612 492,112 SH   SOLE   492,112 0 0
COOPER COS INC COM NEW 216648402 625 5,254 SH   SOLE   5,254 0 0
COVIDIEN PLC SHS G2554F113 251 4,000 SH   SOLE   4,000 0 0
CUBIST PHARMACEUTICALS INC COM 229678107 328 6,786 SH   SOLE   6,786 0 0
DRESSER-RAND GROUP INC COM 261608103 5,380 89,689 SH   SOLE   89,689 0 0
EAGLE BANCORP MONT INC COM 26942G100 691 64,788 SH   SOLE   64,788 0 0
EDWARDS LIFESCIENCES CORP COM 28176E108 229 3,400 SH Call SOLE   3,400 0 0
ENDOLOGIX INC COM 29266S106 717 54,000 SH   SOLE   54,000 0 0
ENERGY TRANSFER EQUITY L P COM UT LTD PTN 29273V100 6,311 105,500 SH   SOLE   105,500 0 0
EOG RES INC COM 26875P101 6,584 50,000 SH   SOLE   50,000 0 0
EXXON MOBIL CORP COM 30231G102 12,244 135,516 SH   SOLE   135,516 0 0
EXXON MOBIL CORP COM 30231G102 2,259 25,000 SH Call SOLE   25,000 0 0
FIFTH THIRD BANCORP COM 316773100 2,370 131,300 SH   SOLE   131,300 0 0
FINANCIAL ENGINES INC COM 317485100 2,701 59,250 SH   SOLE   59,250 0 0
FOREST LABS INC COM 345838106 341 8,300 SH Call SOLE   8,300 0 0
GENERAL ELECTRIC CO COM 369604103 306 13,200 SH   SOLE   13,200 0 0
GILEAD SCIENCES INC COM 375558103 2,474 48,250 SH   SOLE   48,250 0 0
GLOBAL PMTS INC COM 37940X102 3,282 70,850 SH   SOLE   70,850 0 0
GOLDCORP INC NEW COM 380956409 5 200 SH   SOLE   200 0 0
GOLDCORP INC NEW NOTE 2.000% 8/0 380956AB8 7,580 7,500,000 PRN   SOLE   7,500,000 0 0
HATTERAS FINL CORP COM 41902R103 8,222 333,700 SH   SOLE   333,700 0 0
HCA HOLDINGS INC COM 40412C101 541 15,000 SH   SOLE   15,000 0 0
HCP INC COM 40414L109 4,544 100,000 SH   SOLE   100,000 0 0
HEARTWARE INTL INC COM 422368100 294 3,087 SH   SOLE   3,087 0 0
HECLA MNG CO COM 422704106 69 23,200 SH   SOLE   23,200 0 0
HOLOGIC INC COM 436440101 695 36,000 SH   SOLE   36,000 0 0
HOSPIRA INC COM 441060100 264 6,900 SH Call SOLE   6,900 0 0
HOWARD HUGHES CORP COM 44267D107 1,227 10,950 SH   SOLE   10,950 0 0
ILLUMINA INC COM 452327109 613 8,194 SH   SOLE   8,194 0 0
INCYTE CORP COM 45337C102 1,477 67,124 SH   SOLE   67,124 0 0
INFINITY PHARMACEUTICALS INC COM 45665G303 403 24,894 SH   SOLE   24,894 0 0
INFINITY PHARMACEUTICALS INC COM 45665G303 65 4,000 SH Call SOLE   4,000 0 0
INSULET CORP COM 45784P101 670 21,326 SH   SOLE   21,326 0 0
INTERMUNE INC COM 45884X103 101 10,500 SH Call SOLE   10,500 0 0
JANUS CAP GROUP INC COM 47102X105 851 100,000 SH   SOLE   100,000 0 0
JAZZ PHARMACEUTICALS PLC SHS USD G50871105 227 3,300 SH Call SOLE   3,300 0 0
JOHNSON & JOHNSON COM 478160104 718 8,360 SH   SOLE   8,360 0 0
JPMORGAN CHASE & CO COM 46625H100 21,187 401,350 SH   SOLE   401,350 0 0
KANSAS CITY SOUTHERN COM NEW 485170302 395 3,732 SH   SOLE   3,732 0 0
KINDER MORGAN ENERGY PARTNER UT LTD PARTNER 494550106 5,782 67,700 SH   SOLE   67,700 0 0
LAM RESEARCH CORP COM 512807108 5,250 118,400 SH   SOLE   118,400 0 0
LIBERTY MEDIA CORP DELAWARE CL A 531229102 7,428 58,600 SH   SOLE   58,600 0 0
LOUISANA BANCORP INC NEW COM 54619P104 3,125 183,827 SH   SOLE   183,827 0 0
LTC PPTYS INC COM 502175102 2,373 60,775 SH   SOLE   60,775 0 0
MARATHON OIL CORP COM 565849106 519 15,000 SH Put SOLE   15,000 0 0
MARATHON OIL CORP COM 565849106 1,037 30,000 SH Call SOLE   30,000 0 0
MARATHON OIL CORP COM 565849106 4,136 119,600 SH   SOLE   119,600 0 0
MARRIOTT INTL INC NEW CL A 571903202 2,599 64,375 SH   SOLE   64,375 0 0
MEDIVATION INC COM 58501N101 1,502 30,525 SH   SOLE   30,525 0 0
MEDTRONIC INC COM 585055106 345 6,700 SH Call SOLE   6,700 0 0
MERCK & CO INC NEW COM 58933Y105 292 6,286 SH   SOLE   6,286 0 0
METLIFE INC COM 59156R108 18,542 405,200 SH   SOLE   405,200 0 0
MFA FINL INC COM 55272X102 1,940 229,600 SH   SOLE   229,600 0 0
MICROSOFT CORP COM 594918104 669 19,360 SH   SOLE   19,360 0 0
MYLAN INC COM 628530107 239 7,700 SH Call SOLE   7,700 0 0
NEKTAR THERAPEUTICS COM 640268108 200 17,300 SH   SOLE   17,300 0 0
NEUROCRINE BIOSCIENCES INC COM 64125C109 3,312 247,567 SH   SOLE   247,567 0 0
NEUROCRINE BIOSCIENCES INC COM 64125C109 240 17,900 SH Call SOLE   17,900 0 0
NPS PHARMACEUTICALS INC COM 62936P103 8,745 578,750 SH   SOLE   578,750 0 0
OCCIDENTAL PETE CORP DEL COM 674599105 443 4,970 SH   SOLE   4,970 0 0
ONYX PHARMACEUTICALS INC COM 683399109 901 10,382 SH   SOLE   10,382 0 0
ORACLE CORP COM 68389X105 7,373 240,075 SH   SOLE   240,075 0 0
PHARMACYCLICS INC COM 716933106 380 4,784 SH   SOLE   4,784 0 0
PLUM CREEK TIMBER CO INC COM 729251108 4,667 100,000 SH   SOLE   100,000 0 0
PUMA BIOTECHNOLOGY INC COM 74587V107 565 12,723 SH   SOLE   12,723 0 0
REGENERON PHARMACEUTICALS COM 75886F107 814 3,620 SH   SOLE   3,620 0 0
ROYAL GOLD INC COM 780287108 2,122 50,422 SH   SOLE   50,422 0 0
ROYAL GOLD INC COM 780287108 7,440 176,800 SH Call SOLE   176,800 0 0
ROYAL GOLD INC NOTE 2.875% 6/1 780287AA6 906 1,000,000 PRN   SOLE   1,000,000 0 0
SALESFORCE COM INC COM 79466L302 1,527 40,000 SH Put SOLE   40,000 0 0
SEATTLE GENETICS INC COM 812578102 1,309 41,600 SH   SOLE   41,600 0 0
SELECT SECTOR SPDR TR SBI HEALTHCARE 81369Y209 3,071 64,500 SH Call SOLE   64,500 0 0
SHIRE PLC SPONSORED ADR 82481R106 361 3,800 SH Call SOLE   3,800 0 0
SIRIUS XM RADIO INC COM 82967N108 4,161 1,242,000 SH   SOLE   1,242,000 0 0
SIRONA DENTAL SYSTEMS INC COM 82966C103 659 10,000 SH   SOLE   10,000 0 0
SLM CORP COM 78442P106 1,170 51,200 SH   SOLE   51,200 0 0
SPDR GOLD TRUST GOLD SHS 78463V107 23,822 200,000 SH   SOLE   200,000 0 0
ST JUDE MED INC COM 790849103 320 7,000 SH Call SOLE   7,000 0 0
STRYKER CORP COM 863667101 246 3,800 SH Call SOLE   3,800 0 0
SUNTRUST BKS INC COM 867914103 8,451 267,700 SH   SOLE   267,700 0 0
SUNTRUST BKS INC COM 867914103 161 5,100 SH Call SOLE   5,100 0 0
SYNAGEVA BIOPHARMA CORP COM 87159A103 651 15,500 SH   SOLE   15,500 0 0
TERRENO RLTY CORP COM 88146M101 7,390 398,809 SH   SOLE   398,809 0 0
TESARO INC COM 881569107 1,830 55,903 SH   SOLE   55,903 0 0
TEVA PHARMACEUTICAL INDS LTD ADR 881624209 352 9,000 SH Call SOLE   9,000 0 0
TWO HBRS INVT CORP COM 90187B101 2,120 206,800 SH   SOLE   206,800 0 0
VERTEX PHARMACEUTICALS INC COM 92532F100 2,325 29,046 SH   SOLE   29,046 0 0
VERTEX PHARMACEUTICALS INC COM 92532F100 320 4,000 SH Call SOLE   4,000 0 0
VISTEON CORP COM NEW 92839U206 5,347 84,715 SH   SOLE   84,715 0 0
WALKER & DUNLOP INC COM 93148P102 2,625 150,000 SH   SOLE   150,000 0 0
WARNER CHILCOTT PLC IRELAND SHS A G94368100 235 11,800 SH Call SOLE   11,800 0 0
WEYERHAEUSER CO COM 962166104 5,698 200,000 SH   SOLE   200,000 0 0
WORKDAY INC CL A 98138H101 1,282 20,000 SH   SOLE   20,000 0 0
YOUKU TUDOU INC SPONSORED ADR 98742U100 3,292 171,550 SH   SOLE   171,550 0 0
ZIMMER HLDGS INC COM 98956P102 210 2,800 SH Call SOLE   2,800 0 0