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
ACOR 1 3/4 6/15/21 CONVERTIBLE BOND 00484MAA4 374 425,000 PRN   SOLE   425,000 0 0
ADCARE HEALTH SYSTEMS INC COM 00650W300 18 10,000 SH   SOLE   10,000 0 0
ADOBE SYSTEMS INC COM COM 00724F101 958 10,000 SH   SOLE   10,000 0 0
AGL RES INC COM COM 001204106 24,740 375,012 SH   SOLE   375,012 0 0
AKAMAI TECHNOLOGIES INC COM COM 00971T101 839 15,000 SH   SOLE   15,000 0 0
ALAMOS GOLD INC NEW COM CL A COM 011532108 162 18,847 SH   SOLE   18,847 0 0
ALERE INC COM 01449J105 18,090 434,018 SH   SOLE   434,018 0 0
ALLERGAN PLC SHS COM G0177J108 9,274 40,130 SH   SOLE   40,130 0 0
ALLIANCE BERNSTEIN HLDGS LP UN COM 01881G106 210 9,000 SH   SOLE   9,000 0 0
AMC NETWORKS INC CL A COM 00164V103 2,266 37,500 SH   SOLE   37,500 0 0
AMERICAN CAP LTD COM COM 02503Y103 1,038 65,600 SH   SOLE   65,600 0 0
AMERICAN EXPRESS CO COM 025816109 231 3,800 SH   SOLE   3,800 0 0
AMERICAN SCIENCE & ENGR INC CO COM 029429107 608 16,250 SH   SOLE   16,250 0 0
AMSURG CORP COM COM 03232P405 233 3,000 SH   SOLE   3,000 0 0
APACHE CORP COM 037411105 863 15,500 SH   SOLE   15,500 0 0
APOLLO EDUCATION COM 037604105 3,083 338,079 SH   SOLE   338,079 0 0
AVIRAGEN THERAPEUTICS INC COM 053761102 314 224,477 SH   SOLE   224,477 0 0
AVISTA CORP COM COM 05379B107 896 20,000 SH   SOLE   20,000 0 0
AXIALL CORP COM 05463D100 6,095 186,900 SH   SOLE   186,900 0 0
BANCROFT FUND LTD COM MUTUAL FUNDS 059695106 1,037 55,400 SH   SOLE   55,400 0 0
BANK OF AMERICA COM 060505104 1,443 108,729 SH   SOLE   108,729 0 0
BANK OF NEW YORK MELLON CORP COM 064058100 816 21,000 SH   SOLE   21,000 0 0
BOSTON PRIVATE FINL HLDGS INCO COM 101119105 177 15,000 SH   SOLE   15,000 0 0
BTO CN 3 1/4 10/1/18 CONVERTIBLE BOND 11777QAB6 487 500,000 PRN   SOLE   500,000 0 0
C1 FINL INC COM COM 12591N109 7,351 315,085 SH   SOLE   315,085 0 0
CARMIKE CINEMAS INC COM COM 143436400 1,936 64,269 SH   SOLE   64,269 0 0
CBS CORP CLASS A COM 124857103 489 8,400 SH   SOLE   8,400 0 0
CELATOR PHARMACEUTICALS INC CO COM 15089R102 19,594 649,249 SH   SOLE   649,249 0 0
CHARTER COMMUNICATIONS INC COM 16119P108 298 1,302 SH   SOLE   1,302 0 0
CHEMED CORPORATION COM 16359R103 273 2,000 SH   SOLE   2,000 0 0
CHEMTURA CORP COM NEW COM 163893209 264 10,000 SH   SOLE   10,000 0 0
CHEVRON CORP COM 166764100 1,583 15,100 SH   SOLE   15,100 0 0
CHIPOTLE MEXICAN GRILL INC CL COM 169656105 2,618 6,500 SH   SOLE   6,500 0 0
CIGNA CORP COM 125509109 256 2,000 SH   SOLE   2,000 0 0
CITIGROUP INC COM 172967424 339 8,000 SH   SOLE   8,000 0 0
CLEAR CHANNEL OUTDOOR HLDGS CL COM 18451C109 106 17,000 SH   SOLE   17,000 0 0
COHEN & STEERS INC COM COM 19247A100 566 14,000 SH   SOLE   14,000 0 0
COLUMBIA PIPELINE GROUP INC CO COM 198280109 6,278 246,292 SH   SOLE   246,292 0 0
COMMUNITY HEALTH SYSTEMS-CVR WARRANT AND RIGH 203668116 2 471,530 SH   SOLE   471,530 0 0
CORCEPT THERAPEUTICS INC OC-CO COM 218352102 521 95,500 SH   SOLE   95,500 0 0
CST BRANDS INC COM COM 12646R105 3,622 84,070 SH   SOLE   84,070 0 0
CURTISS WRIGHT CORP COM 231561101 421 5,000 SH   SOLE   5,000 0 0
CVENT INC COM COM 23247G109 12,978 363,320 SH   SOLE   363,320 0 0
CVS HEALTH CORP COM 126650100 287 3,000 SH   SOLE   3,000 0 0
DAVITA INC COM 23918K108 271 3,500 SH   SOLE   3,500 0 0
DEMANDWARE INC COM COM 24802Y105 10,946 146,137 SH   SOLE   146,137 0 0
DEVON ENERGY CORP NEW COM 25179M103 841 23,200 SH   SOLE   23,200 0 0
DIAMOND RESORTS INTL INC COM COM 25272T104 3,859 128,804 SH   SOLE   128,804 0 0
DISH NETWORK CORPORATION COM 25470M109 236 4,500 SH   SOLE   4,500 0 0
DREAMWORKS ANIMATION SKG-A COM 26153C103 7,550 184,736 SH   SOLE   184,736 0 0
E M C CORP MASS COM COM 268648102 17,855 657,152 SH   SOLE   657,152 0 0
EATON CORP PLC SHS COM G29183103 472 7,900 SH   SOLE   7,900 0 0
ECHOSTAR CORP-A COM 278768106 695 17,500 SH   SOLE   17,500 0 0
ELECTRO RENT CORP COM COM 285218103 157 10,220 SH   SOLE   10,220 0 0
ELIZABETH ARDEN INC COM 28660G106 1,249 90,750 SH   SOLE   90,750 0 0
EXAMWORKS GROUP INC COM COM 30066A105 5,019 144,006 SH   SOLE   144,006 0 0
FAIRCHILD SEMICONDUCTOR INTLCL COM 303726103 12,267 617,999 SH   SOLE   617,999 0 0
FEDERAL MOGUL CORP CL A COM 313549404 411 49,504 SH   SOLE   49,504 0 0
FEI CO COM COM 30241L109 5,170 48,371 SH   SOLE   48,371 0 0
FERRO CORP COM 315405100 336 25,100 SH   SOLE   25,100 0 0
FIDELITY & GTY LIFE COM COM 315785105 407 17,560 SH   SOLE   17,560 0 0
FIRST NIAGARA FINL GP INC COM COM 33582V108 2,854 293,000 SH   SOLE   293,000 0 0
FMC TECHNOLOGIES INC COM 30249U901 350 100 SH Call SOLE   0 0 0
FREEPORT MCMORAN COPPER&GOLD C COM 35671D857 1,286 115,400 SH   SOLE   115,400 0 0
GABELLI DIV&INC TR COM MUTUAL FUNDS 36242H104 9,647 504,300 SH   SOLE   504,300 0 0
GABELLI GLB SML & MD CP VAL CO MUTUAL FUNDS 36249W104 542 52,190 SH   SOLE   52,190 0 0
GABELLI GLOBAL UTIL & INCOMECO MUTUAL FUNDS 36242L105 4,274 229,920 SH   SOLE   229,920 0 0
GABELLI MULTIMEDIA TRST INC MUTUAL FUNDS 36239Q109 611 86,723 SH   SOLE   86,723 0 0
GAMCO INVESTORS, INC. COM PRIVATE INVESTME 361438104 143,960 4,393,055 SH   SOLE   4,393,055 0 0
GDL FUND MUTUAL FUNDS 361570104 13,860 1,395,750 SH   SOLE   1,395,750 0 0
GENERAL ELEC CO COM 369604103 283 9,000 SH   SOLE   9,000 0 0
GLOBAL SOURCES LTD COM COM G39300101 228 24,835 SH   SOLE   24,835 0 0
GRIFOLS SA SP ADR REP B NVT COM 398438408 5,509 330,484 SH   SOLE   330,484 0 0
GRUPO TELEVISA SA DE CV ADR (B COM 40049J206 365 14,000 SH   SOLE   14,000 0 0
GYRODYNE LLC COM COM 403829104 1,661 82,247 SH   SOLE   82,247 0 0
HATTERAS FINL CORP COM COM 41902R103 1,750 106,700 SH   SOLE   106,700 0 0
HC2 HLDGS INC COM COM 404139107 160 37,100 SH   SOLE   37,100 0 0
HCA HOLDINGS INC COM COM 40412C101 270 3,500 SH   SOLE   3,500 0 0
HEARTWARE INTL INC COM COM 422368100 7,762 134,400 SH   SOLE   134,400 0 0
HEICO CORP NEW CL A COM 422806208 1,723 32,118 SH   SOLE   32,118 0 0
HERTZ GLOBAL HOLDINGS INC COM COM 42805T105 1,854 167,486 SH   SOLE   167,486 0 0
HIGHER ONE HLDGS INC COM COM 42983D104 2,029 397,100 SH   SOLE   397,100 0 0
HUMANA INC COM COM 444859102 19,886 110,550 SH   SOLE   110,550 0 0
INCONTACT INC COM COM 45336E109 8,435 609,045 SH   SOLE   609,045 0 0
INGRAM MICRO INC-CL A COM 457153104 8,393 241,325 SH   SOLE   241,325 0 0
INTEL CORP 3.25% 8/1/39 144A CONVERTIBLE BOND 458140AF7 285 175,000 PRN   SOLE   175,000 0 0
INTERACTIVE BROKERS COM 45841N107 1,204 34,000 SH   SOLE   34,000 0 0
INTERNAP NETWORK SVCS CORP COM COM 45885A300 314 152,638 SH   SOLE   152,638 0 0
INTEROIL CORP COM COM 460951106 4,581 101,792 SH   SOLE   101,792 0 0
INTERPUBLIC GROUP COS INC COM 460690100 319 13,800 SH   SOLE   13,800 0 0
KINDER MORGAN INC WT EXP 05/25 WARRANT AND RIGH 49456B119 5 232,081 SH   SOLE   232,081 0 0
KKR & CO. L.P COM 48248M102 1,486 120,410 SH   SOLE   120,410 0 0
KLA TENCOR CORP COM 482480100 18,025 246,077 SH   SOLE   246,077 0 0
KRISPY KREME DOUGHNUTS INC. COM 501014104 701 33,450 SH   SOLE   33,450 0 0
LDR HLDG CORP COM COM 50185U105 8,762 237,123 SH   SOLE   237,123 0 0
LENNAR B SHARES COM 526057302 7,503 201,419 SH   SOLE   201,419 0 0
LEXMARK INTL GROUP INC CL A COM 529771107 7,589 201,020 SH   SOLE   201,020 0 0
LIBERTY BRAVES GROUP C COM 531229888 157 10,678 SH   SOLE   10,678 0 0
LIBERTY GLOBAL PLC SHS CL A COM G5480U104 600 20,662 SH   SOLE   20,662 0 0
LIBERTY GLOBAL PLC SHS CL C COM G5480U120 1,442 50,337 SH   SOLE   50,337 0 0
LIBERTY LILAC SHS CL C COM G5480U153 238 7,337 SH   SOLE   7,337 0 0
LIBERTY SIRIUS GROUP C COM 531229607 17,176 556,400 SH   SOLE   556,400 0 0
LIBERTY TRIPADVISOR HLDG-A COM 531465102 401 18,338 SH   SOLE   18,338 0 0
LIBERTY VENTURES SER A COM 53071M880 706 19,048 SH   SOLE   19,048 0 0
LILLY, ELI AND COMPANY COM 532457108 473 6,000 SH   SOLE   6,000 0 0
LINKEDIN CORP COM CL A COM 53578A108 34,380 181,666 SH   SOLE   181,666 0 0
LORAL SPACE & COMMUNICATNS ICO COM 543881106 2,870 81,364 SH   SOLE   81,364 0 0
MARKETO INC COM COM 57063L107 7,410 212,818 SH   SOLE   212,818 0 0
MEAD JOHNSON COM 582839106 908 10,000 SH   SOLE   10,000 0 0
MEDIA GEN INC NEW COM COM 58441K100 13,780 801,624 SH   SOLE   801,624 0 0
MEDIVATION INC COM 58501N101 4,535 75,200 SH   SOLE   75,200 0 0
MIC 2.875% 07/15/19 CORPORATE BONDS 55608BAA3 371 325,000 PRN   SOLE   325,000 0 0
MICROSOFT CORP COM 594918104 512 10,000 SH   SOLE   10,000 0 0
MONDELEZ INTERNATIONAL COM 609207105 592 13,000 SH   SOLE   13,000 0 0
MONSANTO CO NEW COM COM 61166W101 672 6,500 SH   SOLE   6,500 0 0
MORGANS HOTEL GROUP CO COM COM 61748W108 1,770 826,972 SH   SOLE   826,972 0 0
NATIONAL FUEL GAS CO N J COM COM 636180101 301 5,300 SH   SOLE   5,300 0 0
NATIONAL INTERSTATE CORP COM COM 63654U100 6,452 213,289 SH   SOLE   213,289 0 0
NEOGENOMICS INC COM NEW COM 64049M209 161 20,000 SH   SOLE   20,000 0 0
NEWMONT MINING CORP HOLDING CO COM 651639106 391 10,000 SH   SOLE   10,000 0 0
OFFICE DEPOT INC COM 676220106 2,969 896,828 SH   SOLE   896,828 0 0
OPKO HEALTH INC COM COM 68375N103 93 10,000 SH   SOLE   10,000 0 0
PEPSICO INC COM 713448108 1,059 10,000 SH   SOLE   10,000 0 0
PIEDMONT NAT GAS INC COM COM 720186105 6,307 104,900 SH   SOLE   104,900 0 0
PNC FINANCIAL CORP COM 693475105 366 4,500 SH   SOLE   4,500 0 0
POLYCOM INC COM COM 73172K104 2,545 226,241 SH   SOLE   226,241 0 0
POST HOLDINGS INC COM 737446104 1,240 15,000 SH   SOLE   15,000 0 0
PRIVATEBANCORP INC COM COM 742962103 1,541 35,000 SH   SOLE   35,000 0 0
PROSHARES TRUST PSHS ULSHT SP5 ETF - EQUITY 74347B300 891 50,000 SH   SOLE   50,000 0 0
QIHOO 360 TECHNOLOGY CO LTD AD COM 74734M109 1,852 25,350 SH   SOLE   25,350 0 0
QLIK TECHNOLOGIES INC COM COM 74733T105 4,304 145,500 SH   SOLE   145,500 0 0
QLOGIC CORP COM COM 747277101 1,431 97,050 SH   SOLE   97,050 0 0
RITE AID CORP COM COM 767754104 15,958 2,130,600 SH   SOLE   2,130,600 0 0
ROFIN SINAR TECHNOLOGIES INCCO COM 775043102 6,566 205,559 SH   SOLE   205,559 0 0
ROUSE PPTYS INC COM COM 779287101 1,144 62,671 SH   SOLE   62,671 0 0
RYMAN HOSPITALITY PPTYS INC CO COM 78377T107 927 18,295 SH   SOLE   18,295 0 0
SCIQUEST INC NEW COM COM 80908T101 3,478 196,952 SH   SOLE   196,952 0 0
SCRIPPS E W CO OHIO CL A COM 811054402 159 10,052 SH   SOLE   10,052 0 0
SNYDERS LANCE INC COM COM 833551104 708 20,887 SH   SOLE   20,887 0 0
SONY CORP-ADR (B:SNE US) COM 835699307 792 27,000 SH   SOLE   27,000 0 0
SPDR GOLD TRUST GOLD SHS COM 78463V107 759 6,000 SH   SOLE   6,000 0 0
SPDR S&P 500 ETF TRUST COM 78462F103 295 1,410 SH   SOLE   1,410 0 0
SPDR S&P 500 ETF TR COM 78462F953 1,500 100 SH Put SOLE   0 0 0
ST JUDE MEDICAL CENTER INC COM 790849103 25,335 324,813 SH   SOLE   324,813 0 0
STARWOOD HOTELS & RESORTS WRLD COM 85590A401 13,226 178,850 SH   SOLE   178,850 0 0
SUPERIOR INDS INTL INC COM 868168105 214 8,000 SH   SOLE   8,000 0 0
SYNGENTA AG ADR SPONSORED COM 87160A100 13,633 177,535 SH   SOLE   177,535 0 0
TALEN ENERGY CORP COM 87422J105 2,120 156,482 SH   SOLE   156,482 0 0
TALMER BANCORP INC COM COM 87482X101 1,729 90,186 SH   SOLE   90,186 0 0
TELEPHONE & DATA SYS COM 879433829 439 14,800 SH   SOLE   14,800 0 0
TEREX CORP NEW COM COM 880779103 1,112 54,762 SH   SOLE   54,762 0 0
TESLA MOTORS 1.250% 03/1/21 CONVERTIBLE BOND 88160RAC5 412 500,000 PRN   SOLE   500,000 0 0
THERMO FISHER SCIENTIFIC INC COM 883556102 296 2,000 SH   SOLE   2,000 0 0
TIVO INC COM 888706108 741 74,862 SH   SOLE   74,862 0 0
TRONC INC COM COM 89703P107 400 28,950 SH   SOLE   28,950 0 0
TUMI HLDGS INC COM COM 89969Q104 17,375 649,758 SH   SOLE   649,758 0 0
TWENTY FIRST CENTY FOX B COM 90130A200 362 13,300 SH   SOLE   13,300 0 0
UNITED STATES CELLULAR CORP COM 911684108 350 8,900 SH   SOLE   8,900 0 0
VALSPAR CORP COM COM 920355104 18,334 169,715 SH   SOLE   169,715 0 0
VIACOM INC NEW CL A COM 92553P102 1,671 36,000 SH   SOLE   36,000 0 0
VIRGIN AMER INC COM VTG COM 92765X208 1,500 26,679 SH   SOLE   26,679 0 0
WEATHERFORD INTERNATIONAL PLC COM G48833100 122 22,000 SH   SOLE   22,000 0 0
WELLS FARGO CV PFD L 7.500% CONVERTIBLE PREF 949746804 325 250 SH   SOLE   250 0 0
WELLS FARGO & CO NEW COM 949746101 3,869 81,743 SH   SOLE   81,743 0 0
WESTAR ENERGY INC COM 95709T100 4,891 87,200 SH   SOLE   87,200 0 0
XENOPORT INC COM COM 98411C100 901 128,000 SH   SOLE   128,000 0 0
XURA INC COM COM 98420V107 4,478 183,303 SH   SOLE   183,303 0 0
XYLEM INC COM 98419M100 223 5,000 SH   SOLE   5,000 0 0
YAHOO INC. COM 984332106 10,980 292,344 SH   SOLE   292,344 0 0