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
ADT Corporation COM 00101J106 65,573 1,589,268 SH   SOLE   1,589,268 0 0
ADT Corporation COM 00101J106 882 21,366 SH   OTR 1 21,366 0 0
American International Group, Inc. COM NEW 026874784 132,171 2,445,351 SH   SOLE   2,445,351 0 0
American International Group, Inc. COM NEW 026874784 2,297 42,496 SH   OTR 1 42,496 0 0
American International Group, Inc. COM NEW 026874784 42,418 784,800 SH Put SOLE   784,800 0 0
American International Group, Inc. COM NEW 026874784 692 12,800 SH Put OTR 1 12,800 0 0
American International Group, Inc. COM NEW 026874784 15,534 287,400 SH Put SOLE   287,400 0 0
American International Group, Inc. COM NEW 026874784 227 4,200 SH Put OTR 1 4,200 0 0
AT&T Inc. COM 00206R102 862 22,000 SH   SOLE   22,000 0 0
Airgas, Inc. COM 009363102 172,255 1,216,146 SH   SOLE   1,216,146 0 0
Airgas, Inc. COM 009363102 1,863 13,152 SH   SOLE 1 13,152 0 0
Alcoa Inc. COM 013817101 14,018 1,463,300 SH Put SOLE   1,463,300 0 0
Alcoa Inc. COM 013817101 144 15,000 SH Put OTR 1 15,000 0 0
Alcoa Inc. COM 013817101 16,456 1,717,700 SH Put SOLE   1,717,700 0 0
Alcoa Inc. COM 013817101 306 31,900 SH Put OTR 1 31,900 0 0
Alcoa Inc. COM 013817101 38,197 3,987,200 SH   SOLE   3,987,200 0 0
Alcoa Inc. COM 013817101 592 61,800 SH   OTR 1 61,800 0 0
Alcoa Inc. COM 013817101 15,203 1,586,900 SH Put SOLE   1,586,900 0 0
Alcoa Inc. COM 013817101 144 15,000 SH Put OTR 1 15,000 0 0
Alcoa Inc. COM 013817101 5,673 592,200 SH Put SOLE   592,200 0 0
Alcoa Inc. COM 013817101 126 13,200 SH Put OTR 1 13,200 0 0
Alere, Inc. COM 01449J105 131,413 2,596,572 SH   SOLE   2,596,572 0 0
Alere, Inc. COM 01449J105 1,555 30,734 SH   OTR 1 30,734 0 0
Allergan, Inc. SHS G0177J108 7,853 29,300 SH Put SOLE   29,300 0 0
Allergan, Inc. SHS G0177J108 188 700 SH Put OTR 1 700 0 0
Allergan, Inc. SHS G0177J108 57,658 215,119 SH   SOLE   215,119 0 0
Allergan, Inc. SHS G0177J108 933 3,480 SH   OTR 1 3,480 0 0
Apollo Residential Mortgage, Inc. COM 03763V102 352 26,262 SH   SOLE   26,262 0 0
Atmel Corporation COM 049513104 10,528 1,296,584 SH   SOLE   1,296,584 0 0
Atmel Corporation COM 049513104 183 22,566 SH   OTR 1 22,566 0 0
Baxalta Incorporated COM 07177M103 142,437 3,525,658 SH   SOLE   3,525,658 0 0
Baxalta Incorporated COM 07177M103 1,741 43,092 SH   OTR 1 43,092 0 0
Blackrock Float Rate OME STR COM 09255X100 2,835 216,891 SH   SOLE   216,891 0 0
Blackstone Mortgage Trust Inc. COM CL A 09257W100 136 5,067 SH   SOLE   5,067 0 0
CBS Corporation NEW CL B 124857202 49,293 894,776 SH   SOLE   894,776 0 0
CBS Corporation NEW CL B 124857202 1,257 22,812 SH   OTR 1 22,812 0 0
CBS Corporation NEW CL B 124857202 76,663 1,391,600 SH Put SOLE   1,391,600 0 0
CBS Corporation NEW CL B 124857202 1,256 22,800 SH Put OTR 1 22,800 0 0
CYS Investments, Inc. COM 12673A108 1,214 149,130 SH   SOLE   149,130 0 0
Cablevision Systems Corporation CL A NY CABLVS 12686C109 43,795 1,327,126 SH   SOLE   1,327,126 0 0
Cablevision Systems Corporation CL A NY CABLVS 12686C109 661 20,024 SH   OTR 1 20,024 0 0
Cameron International Corporation COM 13342B105 102,709 1,531,827 SH   SOLE   1,531,827 0 0
Cameron International Corporation COM 13342B105 1,289 19,227 SH   OTR 1 19,227 0 0
Citigroup Inc. COM NEW 172967424 3,666 87,800 SH   SOLE   87,800 0 0
Columbia Pipeline Group, Inc. COM 198280109 24,916 992,660 SH   SOLE   992,660 0 0
DoubleLine Income Solutions Fund COM 258622109 3,469 206,353 SH   SOLE   206,353 0 0
Dow Chemical Company COM 260543103 127,030 2,497,641 SH   SOLE   2,497,641 0 0
Dow Chemical Company COM 260543103 2,403 47,251 SH   OTR 1 47,251 0 0
Dow Chemical Company COM 260543103 116,953 2,299,500 SH Put SOLE   2,299,500 0 0
Dow Chemical Company COM 260543103 2,162 42,500 SH Put SOLE 1 42,500 0 0
Du Pont (E.I.) de Nemours COM 263534109 53,176 839,797 SH   SOLE   839,797 0 0
Du Pont (E.I.) de Nemours COM 263534109 701 11,071 SH   OTR 1 11,071 0 0
Du Pont (E.I.) de Nemours COM 263534109 19,319 305,100 SH Put SOLE   305,100 0 0
Du Pont (E.I.) de Nemours COM 263534109 260 4,100 SH Put OTR 1 4,100 0 0
EMC Corporation MASS COM 268648102 199,103 7,471,037 SH   SOLE   7,471,037 0 0
EMC Corporation MASS COM 268648102 2,437 91,438 SH   OTR 1 91,438 0 0
Eaton Vance Floating-Rate Inc. COM 278279104 4,900 372,339 SH   SOLE   372,339 0 0
Energy Transfer Equity LP COM UT LTD PTN 29273V100 342 47,900 SH Call SOLE   47,900 0 0
Energy Transfer Equity LP COM UT LTD PTN 29273V100 2 300 SH Call OTR 1 300 0 0
Equity Commonwealth COM SH BEN INT 294628102 33,019 1,170,074 SH   SOLE   1,170,074 0 0
Equity Commonwealth COM SH BEN INT 294628102 703 24,919 SH   OTR 1 24,919 0 0
Equity Commonwealth COM PFD E 7.25% 294628409 4,772 187,580 SH   SOLE   187,580 0 0
First Niagara Financial Group COM 33582V108 70,646 7,298,160 SH   SOLE   7,298,160 0 0
First Niagara Financial Group COM 33582V108 827 85,397 SH   OTR 1 85,397 0 0
First Trust Senior Fltg. Rate Income Fd. COM 33733U108 3,619 281,204 SH   SOLE   281,204 0 0
FirstMerit Corporation COM 337915102 22,660 1,076,462 SH   SOLE   1,076,462 0 0
GCP Applied Technologies Inc. COM 36164Y101 2,705 135,638 SH   SOLE   135,638 0 0
GCP Applied Technologies Inc. COM 36164Y101 23 1,138 SH   OTR 1 1,138 0 0
General Electric Company COM 369604103 62,070 1,952,500 SH   SOLE   1,952,500 0 0
General Electric Company COM 369604103 903 28,400 SH   OTR 1 28,400 0 0
General Electric Company COM 369604103 55,865 1,757,300 SH Put SOLE   1,757,300 0 0
General Electric Company COM 369604103 814 25,600 SH Put OTR 1 25,600 0 0
General Motors Co. COM 37045V100 104,913 3,338,000 SH   SOLE   3,338,000 0 0
General Motors Co. COM 37045V100 2,653 84,400 SH   OTR 1 84,400 0 0
General Motors Co. COM 37045V100 63,372 2,016,300 SH Put SOLE   2,016,300 0 0
General Motors Co. COM 37045V100 1,433 45,600 SH Put OTR 1 45,600 0 0
Grifols S.A. SP ADR REP B NVT 398438408 1,492 96,702 SH   SOLE   96,702 0 0
Grifols S.A. SP ADR REP B NVT 398438408 277 17,953 SH   OTR 1 17,953 0 0
Heartland Payment Systems, Inc. COM 42235N108 180 1,867 SH   SOLE   1,867 0 0
Heartland Payment Systems, Inc. COM 42235N108 3 27 SH   OTR 1 27 0 0
Hennessy Capital Acquisition Corp. UNIT 99/99/9999 42588J209 1,718 174,935 SH   SOLE   174,935 0 0
Hennessy Capital Acquisition Corp. UNIT 99/99/9999 42588J209 244 24,865 SH   OTR 1 24,865 0 0
Hertz Global Holdings, Inc. COM 42805T105 11,894 1,129,500 SH   SOLE   1,129,500 0 0
Hertz Global Holdings, Inc. COM 42805T105 959 91,100 SH   OTR 1 91,100 0 0
Hertz Global Holdings, Inc. COM 42805T105 10,907 1,035,800 SH Put SOLE   1,035,800 0 0
Hertz Global Holdings, Inc. COM 42805T105 863 82,000 SH Put OTR 1 82,000 0 0
Hilton Worldwide Holdings Inc. COM 43300A104 2,889 128,300 SH Put SOLE   128,300 0 0
Hilton Worldwide Holdings Inc. COM 43300A104 288 12,800 SH Put OTR 1 12,800 0 0
Hilton Worldwide Holdings Inc. COM 43300A104 3,020 134,100 SH Put SOLE   134,100 0 0
Hilton Worldwide Holdings Inc. COM 43300A104 295 13,100 SH Put OTR 1 13,100 0 0
Hilton Worldwide Holdings Inc. COM 43300A104 7,062 313,600 SH   SOLE   313,600 0 0
Hilton Worldwide Holdings Inc. COM 43300A104 583 25,900 SH   OTR 1 25,900 0 0
Hilton Worldwide Holdings Inc. COM 43300A104 1,153 51,200 SH Put SOLE   51,200 0 0
Humana Inc. COM 444859102 91,152 498,233 SH   SOLE   498,233 0 0
Humana Inc. COM 444859102 1,538 8,407 SH   OTR 1 8,407 0 0
Huntsman Corporation COM 447011107 4,874 366,474 SH   SOLE   366,474 0 0
Huntsman Corporation COM 447011107 219 16,444 SH   OTR 1 16,444 0 0
Huntsman Corporation COM 447011107 5,521 415,100 SH Put SOLE   415,100 0 0
Huntsman Corporation COM 447011107 218 16,400 SH Put OTR 1 16,400 0 0
Ingram Micro Inc. CL A 457153104 153,840 4,284,050 SH   SOLE   4,284,050 0 0
Ingram Micro Inc. CL A 457153104 1,977 55,047 SH   OTR 1 55,047 0 0
Invesco Senior Income Trust COM 46131H107 5,962 1,475,786 SH   SOLE   1,475,786 0 0
Invesco Senior Income Trust COM 46131H107 281 69,508 SH   OTR 1 69,508 0 0
Jarden Corporation COM 471109108 142,223 2,412,610 SH   SOLE   2,412,610 0 0
Jarden Corporation COM 471109108 1,635 27,731 SH   OTR 1 27,731 0 0
Johnson Controls, Inc. COM 478366107 320 8,200 SH Put SOLE   8,200 0 0
Johnson Controls, Inc. COM 478366107 65,929 1,691,800 SH Put SOLE   1,691,800 0 0
Johnson Controls, Inc. COM 478366107 1,333 34,200 SH Put OTR 1 34,200 0 0
Johnson Controls, Inc. COM 478366107 1,711 43,900 SH Put SOLE   43,900 0 0
Johnson Controls, Inc. COM 478366107 148 3,800 SH Put SOLE   3,800 0 0
Johnson Controls, Inc. COM 478366107 88,532 2,271,793 SH   SOLE   2,271,793 0 0
Johnson Controls, Inc. COM 478366107 1,776 45,565 SH   OTR 1 45,565 0 0
KLA-Tencor Corp. COM 482480100 196,901 2,704,308 SH   SOLE   2,704,308 0 0
KLR Energy Acquisition Corp. UNIT 12/31/2020 49877M207 4,002 399,000 SH   SOLE   399,000 0 0
MGM Resorts International COM 552953101 2,663 124,200 SH Put SOLE   124,200 0 0
MGM Resorts International COM 552953101 272 12,700 SH Put OTR 1 12,700 0 0
MGM Resorts International COM 552953101 79,695 3,717,100 SH   SOLE   3,717,100 0 0
MGM Resorts International COM 552953101 1,289 60,100 SH   OTR 1 60,100 0 0
MGM Resorts International COM 552953101 77,032 3,592,900 SH Put SOLE   3,592,900 0 0
MGM Resorts International COM 552953101 1,016 47,400 SH Put OTR 1 47,400 0 0
Markit Limited SHS G58249106 8,432 238,523 SH   SOLE   238,523 0 0
Markit Limited SHS G58249106 92 2,601 SH   OTR 1 2,601 0 0
Media General, Inc. NEW COM 58441K100 25,658 1,573,115 SH   SOLE   1,573,115 0 0
Media General, Inc. NEW COM 58441K100 426 26,121 SH   OTR 1 26,121 0 0
News Corporation NEW CL A 65249B109 1,759 137,722 SH   SOLE   137,722 0 0
News Corporation NEW CL A 65249B109 323 25,279 SH   OTR 1 25,279 0 0
NorthStar Realty Finance Corp. COM 66704R803 21,766 1,659,000 SH Put SOLE   1,659,000 0 0
NorthStar Realty Finance Corp. COM 66704R803 363 27,700 SH Put OTR 1 27,700 0 0
NorthStar Realty Finance Corp. COM 66704R803 21,403 1,631,351 SH   SOLE   1,631,351 0 0
Northern Tier Energy LP COM UN REPR PART 665826103 28,103 1,192,300 SH   SOLE   1,192,300 0 0
Pacific Special Acquisition Corp. SHS G68588105 2,106 210,000 SH   SOLE   210,000 0 0
Pacific Special Acquisition Corp. *W EXP 10/20/202 G68588121 19 210,000 SH   SOLE   210,000 0 0
Perrigo Company PLC SHS G97822103 4,171 32,600 SH   SOLE   32,600 0 0
Perrigo Company PLC SHS G97822103 64 500 SH   OTR 1 500 0 0
Pfizer, Inc. COM 717081103 10,484 353,700 SH Put SOLE   353,700 0 0
Pfizer, Inc. COM 717081103 172 5,800 SH Put OTR 1 5,800 0 0
Pfizer, Inc. COM 717081103 13,977 471,569 SH   SOLE   471,569 0 0
Pfizer, Inc. COM 717081103 228 7,700 SH   OTR 1 7,700 0 0
Progressive Waste Solutions Ltd. COM 74339G101 10,918 351,867 SH   SOLE   351,867 0 0
Progressive Waste Solutions Ltd. COM 74339G101 205 6,595 SH   OTR 1 6,595 0 0
Qihoo 360 Technology Company Ltd. ADS 74734M109 6,078 80,444 SH   SOLE   80,444 0 0
Qihoo 360 Technology Company Ltd. ADS 74734M109 257 3,397 SH   OTR 1 3,397 0 0
SFX Entertainment Inc. COM 784178303 34 885,909 SH   SOLE   885,909 0 0
SFX Entertainment Inc. COM 784178303 8 194,147 SH   OTR 1 194,147 0 0
SPDR S&P 500 ETF Trust TR UNIT 78462F103 50,732 246,800 SH Put SOLE   246,800 0 0
SPDR S&P 500 ETF Trust TR UNIT 78462F103 576 2,800 SH Put OTR 1 2,800 0 0
SPDR S&P 500 ETF Trust TR UNIT 78462F103 91,474 445,000 SH Put SOLE   445,000 0 0
SPDR S&P 500 ETF Trust TR UNIT 78462F103 1,028 5,000 SH Put OTR 1 5,000 0 0
SPDR S&P 500 ETF Trust TR UNIT 78462F103 40,660 197,800 SH Put SOLE   197,800 0 0
SPDR S&P 500 ETF Trust TR UNIT 78462F103 452 2,200 SH Put OTR 1 2,200 0 0
SanDisk Corporation COM 80004C101 79,405 1,043,708 SH   SOLE   1,043,708 0 0
SanDisk Corporation COM 80004C101 1,011 13,285 SH   OTR 1 13,285 0 0
SiriusXM Holdings Inc. COM 82968B103 24,563 6,218,400 SH   SOLE   6,218,400 0 0
Starwood Hotels & Resorts Worldwide Inc. COM 85590A401 36,025 431,800 SH Put SOLE   431,800 0 0
Starwood Hotels & Resorts Worldwide Inc. COM 85590A401 467 5,600 SH Put OTR 1 5,600 0 0
Starwood Hotels & Resorts Worldwide Inc. COM 85590A401 247,300 2,964,163 SH   SOLE   2,964,163 0 0
Starwood Hotels & Resorts Worldwide Inc. COM 85590A401 3,187 38,204 SH   OTR 1 38,204 0 0
Starwood Property Trust, Inc. COM 85571B105 46,057 2,433,019 SH   SOLE   2,433,019 0 0
Syngenta AG SPONSORED ADR 87160A100 45,453 548,812 SH   SOLE   548,812 0 0
Syngenta AG SPONSORED ADR 87160A100 460 5,552 SH   OTR 1 5,552 0 0
T-Mobile US, Inc. COM 872590104 136,222 2,520,300 SH Put SOLE   2,520,300 0 0
T-Mobile US, Inc. COM 872590104 7 35,100 SH Put OTR 1 35,100 0 0
T-Mobile US, Inc. COM 872590104 102,674 2,680,790 SH   SOLE   2,680,790 0 0
T-Mobile US, Inc. COM 872590104 198 5,180 SH   OTR 1 5,180 0 0
The Valspar Corporation COM 920355104 56,301 526,083 SH   SOLE   526,083 0 0
The Valspar Corporation COM 920355104 699 6,529 SH   OTR 1 6,529 0 0
Time Warner Cable Inc. COM 88732J207 261,089 1,275,971 SH   SOLE   1,275,971 0 0
Time Warner Cable Inc. COM 88732J207 3,613 17,658 SH   OTR 1 17,658 0 0
Tyco International plc SHS G91442106 23,058 628,121 SH   SOLE   628,121 0 0
Tyco International plc SHS G91442106 260 7,079 SH   OTR 1 7,079 0 0
VMware Inc. CL A COM 928563402 25,914 495,400 SH Put SOLE   495,400 0 0
VMware Inc. CL A COM 928563402 309 5,900 SH Put OTR 1 5,900 0 0
Vodafone Group Plc NEW SPONSR ADR NO PAR 92857W308 0 0 SH   SOLE   0 0 0
Voya (ING) Prime Rate Trust SH BEN INT 92913A100 4,268 846,873 SH   SOLE   846,873 0 0
Voya (ING) Prime Rate Trust SH BEN INT 92913A100 280 55,460 SH   OTR 1 55,460 0 0
W.R. Grace & Co. DEL NEW COM 38388F108 10,863 152,608 SH   SOLE   152,608 0 0
W.R. Grace & Co. DEL NEW COM 38388F108 91 1,281 SH   OTR 1 1,281 0 0
Western Asset High Income Opportunity Fun COM 95766K109 500 106,644 SH   SOLE   106,644 0 0
Wheeler Real Estate Inv.Trust COM 963025101 1,110 888,250 SH   SOLE   888,250 0 0
Williams Companies, Inc. DEL COM 969457100 20,385 1,268,520 SH   SOLE   1,268,520 0 0
Winthrop Realty Trust SH BEN INT NEW 976391300 2,368 180,350 SH   SOLE   180,350 0 0
Yahoo! Inc. COM 984332106 205,260 5,576,202 SH   SOLE   5,576,202 0 0
Yahoo! Inc. COM 984332106 2,569 69,792 SH   OTR 1 69,792 0 0
Youku Tudou Inc. SPONSORED ADR 98742U100 86,144 3,133,647 SH   SOLE   3,133,647 0 0
Youku Tudou Inc. SPONSORED ADR 98742U100 1,002 36,454 SH   OTR 1 36,454 0 0
iShares TR IBOXX HI YD ETF 464288513 43,320 530,300 SH Put SOLE   530,300 0 0
iShares TR IBOXX HI YD ETF 464288513 441 5,400 SH Put OTR 1 5,400 0 0
iShares TR IBOXX HI YD ETF 464288513 85,480 1,046,400 SH Put SOLE   1,046,400 0 0
iShares TR IBOXX HI YD ETF 464288513 882 10,800 SH Put OTR 1 10,800 0 0