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
ACTAVIS INC COM 00507K103 423 2,938 SH   SOLE   2,938 0 0
ACTIVE NETWORK INC COM 00506D100 2,758 192,700 SH   SOLE   192,700 0 0
ADCARE HEALTH SYSTEMS INC COM 00650W300 41 10,000 SH   SOLE   10,000 0 0
AMERICAN EXPRESS CO COM 025816109 264 3,500 SH   SOLE   3,500 0 0
ASCMA 4 07/15/20 CV CONVERTIBLE BOND 043632AA6 1,333 1,250,000 PRN   SOLE   1,250,000 0 0
ASIAINFO-LINKAGE INC COM 04518A104 2,509 217,450 SH   SOLE   217,450 0 0
ASTEX PHARMACEUTICALS INC COM COM 04624B103 2,936 345,809 SH   SOLE   345,809 0 0
BIOTA HOLDINGS LTD COM 090694100 1,658 396,677 SH   SOLE   396,677 0 0
BAKER MICHAEL CORP COM COM 057149106 4,649 114,878 SH   SOLE   114,878 0 0
BANK OF AMERICA COM 060505104 1,500 108,729 SH   SOLE   108,729 0 0
BANK OF NEW YORK MELLON CORP COM 064058100 332 11,000 SH   SOLE   11,000 0 0
BECTON DICKINSON & CO COM COM 075887109 240 2,400 SH   SOLE   2,400 0 0
BELO CORP COM 080555105 7,688 561,168 SH   SOLE   561,168 0 0
BOISE INC COM COM 09746Y105 3,074 243,986 SH   SOLE   243,986 0 0
BROOKFIELD OFFICE PPTYS INC CO COM 112900105 423 22,200 SH   SOLE   22,200 0 0
CABLEVISION SYS NY GROUP A COM 12686C109 236 14,000 SH   SOLE   14,000 0 0
CAPITALSOURCE INC COM COM 14055X102 3,394 285,700 SH   SOLE   285,700 0 0
CAPLEASE INC COM COM 140288101 1,155 136,100 SH   SOLE   136,100 0 0
CBS CORP CLASS A COM 124857103 498 9,000 SH   SOLE   9,000 0 0
CHEMED CORPORATION COM 16359R103 232 3,250 SH   SOLE   3,250 0 0
CHIPOTLE MEXICAN GRILL INC CL COM 169656105 2,787 6,500 SH   SOLE   6,500 0 0
CINCINNATI BELL COM 171871106 1,248 458,751 SH   SOLE   458,751 0 0
CLEAR CHANNEL OUTDOOR HLDGS CL COM 18451C109 115 14,000 SH   SOLE   14,000 0 0
CLP COM 195872106 535 23,800 SH   SOLE   23,800 0 0
COMMONWEALTH REIT COM SH BEN I COM 203233101 2,049 93,514 SH   SOLE   93,514 0 0
COMPUWARE CORP COM COM 205638109 2,638 235,732 SH   SOLE   235,732 0 0
COMVERSE INC COM COM 20585P105 1,330 41,615 SH   SOLE   41,615 0 0
COOPER TIRE & RUBBER CO COM 216831107 11,306 367,088 SH   SOLE   367,088 0 0
CORCEPT THERAPEUTICS INC OC-CO COM 218352102 159 100,000 SH   SOLE   100,000 0 0
CORNING INC COM 219350105 277 19,000 SH   SOLE   19,000 0 0
DELL INC COM 24702R101 29,128 2,118,264 SH   SOLE   2,118,264 0 0
DISCOVERY COMMS NEW SER C COM 25470F302 3,703 47,400 SH   SOLE   47,400 0 0
DOLE FOOD CO INC NEW COM COM 256603101 7,112 522,164 SH   SOLE   522,164 0 0
EATON CORP PLC SHS COM G29183103 606 8,800 SH   SOLE   8,800 0 0
EDWARDS GROUP LTD SPONSORED AD COM 281736108 392 39,800 SH   SOLE   39,800 0 0
ELAN PLC ADR COM 284131208 9,636 618,509 SH   SOLE   618,509 0 0
EMULEX CORP COM NEW COM 292475209 206 26,500 SH   SOLE   26,500 0 0
ENERGY TRANSFER PARTNERS L PUN COM 29273R109 639 12,274 SH   SOLE   12,274 0 0
FERRO CORP COM 315405100 993 108,965 SH   SOLE   108,965 0 0
FLOW INTL CORP COM COM 343468104 1,055 264,300 SH   SOLE   264,300 0 0
GLOBECOMM SYSTEMS INC COM COM 37956X103 523 37,300 SH   SOLE   37,300 0 0
GREENWAY MED TECHNOLOGIES INCO COM 39679B103 4,073 197,258 SH   SOLE   197,258 0 0
GRIFOLS SA SP ADR REP B NVT COM 398438408 1,015 33,511 SH   SOLE   33,511 0 0
GRUPO TELEVISA SA DE CV ADR (B COM 40049J206 224 8,000 SH   SOLE   8,000 0 0
GYRODYNE CO AMER INC COM COM 403820103 1,132 15,119 SH   SOLE   15,119 0 0
HARRIS TEETER SUPERMARKETS ICO COM 414585109 6,906 140,394 SH   SOLE   140,394 0 0
HARVEST NAT RES INC COM COM 41754V103 539 100,769 SH   SOLE   100,769 0 0
HEALTH MGMT ASSOC INC NEW CL A COM 421933102 3,662 286,128 SH   SOLE   286,128 0 0
HEICO CORP NEW CL A COM 422806208 3,669 73,169 SH   SOLE   73,169 0 0
HI-TECH PHARMACAL INC COM COM 42840B101 3,825 88,655 SH   SOLE   88,655 0 0
HUDSON CITY BANCORP INC COM COM 443683107 8,243 911,752 SH   SOLE   911,752 0 0
ICU MEDICAL INC COM 44930G107 1,950 28,700 SH   SOLE   28,700 0 0
KAYDON CORP COM COM 486587108 2,997 84,363 SH   SOLE   84,363 0 0
LEAP WIRELESS INTL INC COM NEW COM 521863308 14,062 890,029 SH   SOLE   890,029 0 0
LENDER PROCESSING SVCS INC COM COM 52602E102 2,311 69,457 SH   SOLE   69,457 0 0
LENNAR B SHARES COM 526057302 3,007 104,954 SH   SOLE   104,954 0 0
LEXICON PHARMACEUTICALS INC COM 528872104 36 15,000 SH   SOLE   15,000 0 0
LIBERTY VENTURES SER A COM 53071M880 1,690 19,169 SH   SOLE   19,169 0 0
LIFE TECHNOLOGIES CORP COM COM 53217V109 28,462 380,351 SH   SOLE   380,351 0 0
MAIDENFORM BRANDS INC COM COM 560305104 2,477 105,432 SH   SOLE   105,432 0 0
MAKO SURGICAL CORP COM COM 560879108 11,043 374,197 SH   SOLE   374,197 0 0
MARKET VECTORS ETF TR GOLD MIN MUTUAL FUNDS 57060U100 450 18,000 SH   SOLE   18,000 0 0
MAXYGEN INC COM COM 577776107 31 616,854 SH   SOLE   616,854 0 0
MCP 6.000% 09/01/17 CONVERTIBLE BOND 608753AF6 316 375,000 PRN   SOLE   375,000 0 0
MOLEX INC COM 608554101 512 13,300 SH   SOLE   13,300 0 0
MOLEX INC CL A COM 608554200 13,122 342,785 SH   SOLE   342,785 0 0
MOLYCORP INC DEL COM COM 608753109 272 41,400 SH   SOLE   41,400 0 0
MONSTER WORLDWIDE INC COM COM 611742107 1,724 390,041 SH   SOLE   390,041 0 0
MORGANS HOTEL GROUP CO COM COM 61748W108 3,536 461,075 SH   SOLE   461,075 0 0
MPG OFFICE TR INC COM COM 553274101 188 60,047 SH   SOLE   60,047 0 0
MUELLER WATER PRODUCTS INC COM 624758108 120 15,000 SH   SOLE   15,000 0 0
NASH FINCH CO COM COM 631158102 689 26,096 SH   SOLE   26,096 0 0
NATIONAL FUEL GAS CO N J COM COM 636180101 406 5,900 SH   SOLE   5,900 0 0
NATIONAL TECHNICAL SYS INC COM COM 638104109 831 36,350 SH   SOLE   36,350 0 0
NEOGENOMICS INC COM NEW COM 64049M209 60 20,000 SH   SOLE   20,000 0 0
NII HLDGS INC CL B NEW COM 62913F201 109 18,000 SH   SOLE   18,000 0 0
NUVERRA ENVIRONMENTAL SOLUTION COM 67091K104 32 13,900 SH   SOLE   13,900 0 0
NV ENERGY INC COM COM 67073Y106 10,645 450,880 SH   SOLE   450,880 0 0
NYSE EURONEXT COM COM 629491101 33,460 797,036 SH   SOLE   797,036 0 0
OFFICEMAX INC COM 67622P101 1,884 147,300 SH   SOLE   147,300 0 0
OFFICIAL PAYMENTS HOLDINGS INC COM 67623R106 759 91,253 SH   SOLE   91,253 0 0
OMNICOM GROUP COM COM 681919106 8,059 127,039 SH   SOLE   127,039 0 0
ONYX PHARMACEUTICALS INC COM 683399109 38,055 305,170 SH   SOLE   305,170 0 0
OPTIMER PHARMACEUTICALS INC CO COM 68401H104 10,029 796,617 SH   SOLE   796,617 0 0
ORIENT-EXPRESS HOTELS LTD COM COM G67743107 940 72,388 SH   SOLE   72,388 0 0
PACTERA TECHNOLOGY INTL LTD SP COM 695255109 454 77,150 SH   SOLE   77,150 0 0
PEABODY ENERGY CORP COM COM 704549104 278 16,100 SH   SOLE   16,100 0 0
PEP BOYS MANNY MOE & JACK COM 713278109 784 62,910 SH   SOLE   62,910 0 0
PLX TECHNOLOGY INC COM COM 693417107 1,033 171,555 SH   SOLE   171,555 0 0
POST HOLDINGS INC COM 737446104 202 5,000 SH   SOLE   5,000 0 0
PRIMUS TELECOMMUNICATIONS GR COM 741929301 200 59,064 SH   SOLE   59,064 0 0
PROSHARES TRUST PSHS ULSHT SP5 ETF - EQUITY 74347B300 585 16,000 SH   SOLE   16,000 0 0
ROCHESTER MED CORP COM COM 771497104 6,462 323,729 SH   SOLE   323,729 0 0
ROYAL GOLD INC COM COM 780287108 754 15,500 SH   SOLE   15,500 0 0
RUBY TUESDAY INC COM COM 781182100 136 18,100 SH   SOLE   18,100 0 0
RUE21 INC COM COM 781295100 467 11,590 SH   SOLE   11,590 0 0
SAKS INC COM COM 79377W108 15,031 942,978 SH   SOLE   942,978 0 0
SANOFI-AVENTIS-CVR COM 80105N113 1,799 890,458 SH   SOLE   890,458 0 0
SHFL ENTMT INC COM COM 78423R105 9,699 422,247 SH   SOLE   422,247 0 0
SNYDERS LANCE INC COM COM 833551104 288 10,000 SH   SOLE   10,000 0 0
SOURCEFIRE INC COM COM 83616T108 15,388 202,687 SH   SOLE   202,687 0 0
SPDR TR UNIT SER 1 COM 78462F103 1,210 7,200 SH   SOLE   7,200 0 0
SPREADTRUM COMMUNICATIONS INAD COM 849415203 5,122 168,145 SH   SOLE   168,145 0 0
SPRINT CORP COM 85207U105 901 144,932 SH   SOLE   144,932 0 0
SPWRA 4 1/2 03/15 CONVERTIBLE BOND 867652AE9 659 500,000 PRN   SOLE   500,000 0 0
STERLING BANCORP COM COM 859158107 1,376 100,199 SH   SOLE   100,199 0 0
STEWART ENTERPRISES INC CL A COM 860370105 7,956 605,004 SH   SOLE   605,004 0 0
SUNEDISON INC COM 86732Y109 159 20,000 SH   SOLE   20,000 0 0
SUNPOWER CORPORATION COM COM 867652406 224 8,576 SH   SOLE   8,576 0 0
TELEPHONE & DATA SYS COM 879433829 509 17,218 SH   SOLE   17,218 0 0
TEXAS INSTRUMENTS INC COM 882508104 282 7,000 SH   SOLE   7,000 0 0
TMS INTL CORP CL A COM 87261Q103 1,118 64,121 SH   SOLE   64,121 0 0
TWENTY FIRST CENTY FOX B COM 90130A200 267 8,000 SH   SOLE   8,000 0 0
T-MOBILE US INC COM 872590104 662 25,497 SH   SOLE   25,497 0 0
UNITED STATES CELLULAR CORP COM 911684108 219 4,800 SH   SOLE   4,800 0 0
UNIVERSAL AMERICAN CORP COM 91338E101 2,343 307,545 SH   SOLE   307,545 0 0
VANGUARD HEALTH SYS INC COM COM 922036207 8,694 413,813 SH   SOLE   413,813 0 0
VERENIUM CORP COM NEW COM 92340P209 672 169,268 SH   SOLE   169,268 0 0
VERINT SYS INC COM 92343X100 380 10,258 SH   SOLE   10,258 0 0
VIACOM INC NEW CL A COM 92553P102 553 6,600 SH   SOLE   6,600 0 0
VIRGINIA COMM BANCORP INC COM COM 92778Q109 178 11,439 SH   SOLE   11,439 0 0
VODAFONE GROUP ADR COM 92857W209 5,766 163,900 SH   SOLE   163,900 0 0
VOLTERRA SEMICONDUCTOR CORP CO COM 928708106 10,661 463,536 SH   SOLE   463,536 0 0
WEATHERFORD INTERNATIONAL LTD COM H27013103 2,457 160,300 SH   SOLE   160,300 0 0
WELLS FARGO & CO NEW COM 949746101 3,378 81,743 SH   SOLE   81,743 0 0
WILLBROS GROUP INC DEL COM COM 969203108 193 21,000 SH   SOLE   21,000 0 0
WMS INDS INC COM COM 929297109 8,810 339,480 SH   SOLE   339,480 0 0
WRIGHT MEDICAL GROUP INC-CVR 3 COM 98235T115 9 25,569 SH   SOLE   25,569 0 0
ZOLTEK COS INC COM COM 98975W104 3,275 196,200 SH   SOLE   196,200 0 0