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 PLC SHS COM G0083B108 3,413 14,146 SH   SOLE   14,146 0 0
ADCARE HEALTH SYSTEMS INC COM 00650W300 47 10,000 SH   SOLE   10,000 0 0
ADOBE SYSTEMS INC COM COM 00724F101 692 10,000 SH   SOLE   10,000 0 0
ADT CORPORATION COM COM 00101J106 1,064 30,000 SH   SOLE   30,000 0 0
AKAMAI TECHNOLOGIES INC COM COM 00971T101 538 9,000 SH   SOLE   9,000 0 0
ALCOA INC COM 013817951 200 20,000 SH Put SOLE   0 0 0
ALERE INC COM 01449J105 3,120 80,466 SH   SOLE   80,466 0 0
ALLERGAN INC COM 018490102 7,536 42,293 SH   SOLE   42,293 0 0
AMC NETWORKS INC CL A COM 00164V103 1,782 30,500 SH   SOLE   30,500 0 0
AMKOR TECHNOLOGY INC COM 031652950 350 50,000 SH Put SOLE   0 0 0
AMER RLTY CAP HEALTHCAR TR ICO COM 02917R108 4,591 438,100 SH   SOLE   438,100 0 0
AMERICAN EXPRESS CO COM 025816109 306 3,500 SH   SOLE   3,500 0 0
AMGEN INC COM 031162100 211 1,500 SH   SOLE   1,500 0 0
ANGLOGOLD ASHANTI LTD COM 035128906 500 20,000 SH Call SOLE   0 0 0
ANNIE'S INC COM 03600T104 8,996 196,002 SH   SOLE   196,002 0 0
APACHE CORP COM 037411105 1,877 20,000 SH   SOLE   20,000 0 0
ASCMA 4 07/15/20 CV CONVERTIBLE BOND 043632AA6 229 250,000 PRN   SOLE   250,000 0 0
ASTRAZENECA PLC ADR SPONSORED COM 046353108 2,290 32,050 SH   SOLE   32,050 0 0
ATHLON ENERGY INC COM COM 047477104 11,011 189,100 SH   SOLE   189,100 0 0
AURICO GOLD INC COM COM 05155C105 45 13,000 SH   SOLE   13,000 0 0
AURICO GOLD INC COM 05155C905 275 55,000 SH Call SOLE   0 0 0
AUXILIUM PHARMACEUTICALS INCCO COM 05334D107 1,940 64,999 SH   SOLE   64,999 0 0
BIOTA HOLDINGS LTD COM 090694100 934 378,107 SH   SOLE   378,107 0 0
B2GOLD CORP COM NPV COM 11777Q209 893 391,698 SH   SOLE   391,698 0 0
BALLY TECHNOLOGIES INC COM COM 05874B107 9,962 123,444 SH   SOLE   123,444 0 0
BANCO SANTANDER BRASIL S A ADS COM 05967A107 5,864 896,567 SH   SOLE   896,567 0 0
BANK OF AMERICA COM 060505104 1,854 108,729 SH   SOLE   108,729 0 0
BANK OF NEW YORK MELLON CORP COM 064058100 426 11,000 SH   SOLE   11,000 0 0
BE AEROSPACE INC COM COM 073302101 1,234 14,700 SH   SOLE   14,700 0 0
BGC 4 1/2 11/15/29 CONVERTIBLE BOND 369300AL2 469 675,000 PRN   SOLE   675,000 0 0
BIOSCRIP INC COM 09069N108 1,421 205,706 SH   SOLE   205,706 0 0
BLYTH INC COM 09643P207 716 88,200 SH   SOLE   88,200 0 0
BOB EVANS FARMS INC COM COM 096761101 2,727 57,596 SH   SOLE   57,596 0 0
BOLT TECHNOLOGY CORP COM 097698104 3,377 153,919 SH   SOLE   153,919 0 0
BOYD GAMING CORP COM 103304101 2,285 224,920 SH   SOLE   224,920 0 0
BROOKDALE SR LIVING INC COM COM 112463104 860 26,701 SH   SOLE   26,701 0 0
BROOKFIELD PPTY PARTNERS L PUN COM G16249107 754 35,770 SH   SOLE   35,770 0 0
CABLEVISION SYS NY GROUP A COM 12686C109 284 16,200 SH   SOLE   16,200 0 0
CABLEVISION SYS CORP COM 12686C959 420 30,000 SH Put SOLE   0 0 0
CBS CORP CLASS A COM 124857103 450 8,400 SH   SOLE   8,400 0 0
CBS OUTDOOR AMERS INC COM COM 14987J106 617 20,600 SH   SOLE   20,600 0 0
CHEMTURA CORP COM NEW COM 163893209 2,764 118,479 SH   SOLE   118,479 0 0
CHICOS FAS INC COM COM 168615102 1,930 130,657 SH   SOLE   130,657 0 0
CHIPOTLE MEXICAN GRILL INC CL COM 169656105 4,333 6,500 SH   SOLE   6,500 0 0
CIE 2.625% 12/01/19 CONVERTIBLE BOND 19075FAA4 975 1,175,000 PRN   SOLE   1,175,000 0 0
CINCINNATI BELL COM 171871106 1,288 382,067 SH   SOLE   382,067 0 0
CLEAR CHANNEL OUTDOOR HLDGS CL COM 18451C109 101 15,000 SH   SOLE   15,000 0 0
CLECO CORP NEW COM COM 12561W105 1,226 25,462 SH   SOLE   25,462 0 0
COMCAST CORP CL A SPL COM 20030N200 241 4,500 SH   SOLE   4,500 0 0
COMMUNITY HEALTH SYSTEMS-CVR WARRANT AND RIGH 203668116 17 492,630 SH   SOLE   492,630 0 0
COMPUWARE CORP COM COM 205638109 11,739 1,106,409 SH   SOLE   1,106,409 0 0
COMVERSE INC COM COM 20585P105 929 41,615 SH   SOLE   41,615 0 0
CONCUR TECHNOLOGIES INC COM COM 206708109 27,903 220,020 SH   SOLE   220,020 0 0
CONVERSANT INC COM COM 21249J105 1,137 33,200 SH   SOLE   33,200 0 0
COOPER TIRE & RUBBER CO COM 216831107 2,862 99,709 SH   SOLE   99,709 0 0
CORCEPT THERAPEUTICS INC OC-CO COM 218352102 268 100,000 SH   SOLE   100,000 0 0
CORNING INC COM 219350105 203 10,500 SH   SOLE   10,500 0 0
COVIDIEN LTD COM G2554F113 16,678 192,791 SH   SOLE   192,791 0 0
CUBIST PHARMACEUTICALS CVR WARRANT AND RIGH 229678123 98 815,317 SH   SOLE   815,317 0 0
CURTISS WRIGHT CORP COM 231561101 330 5,000 SH   SOLE   5,000 0 0
DAVITA INC COM 23918K108 256 3,500 SH   SOLE   3,500 0 0
DEVON ENERGY CORP NEW COM 25179M103 2,045 30,000 SH   SOLE   30,000 0 0
DIRECTV COM 25490A309 19,607 226,619 SH   SOLE   226,619 0 0
DRESSER-RAND GROUP INC COM COM 261608103 11,054 134,378 SH   SOLE   134,378 0 0
EATON CORP PLC SHS COM G29183103 501 7,900 SH   SOLE   7,900 0 0
ECHOSTAR CORP-A COM 278768106 853 17,500 SH   SOLE   17,500 0 0
EINSTEIN NOAH REST GROUP INCCO COM 28257U104 2,935 145,581 SH   SOLE   145,581 0 0
ELIZABETH ARDEN INC COM 28660G106 731 43,673 SH   SOLE   43,673 0 0
ENERGY XXI (BERMUDA) LTD COM G10082140 2,791 245,911 SH   SOLE   245,911 0 0
FAMILY DLR STORES INC COM 307000109 5,716 74,000 SH   SOLE   74,000 0 0
FEDERAL MOGUL CORP CL A COM 313549404 533 35,872 SH   SOLE   35,872 0 0
FERRO CORP COM 315405100 284 19,600 SH   SOLE   19,600 0 0
FORTEGRA FINL CORP COM COM 34954W104 611 61,800 SH   SOLE   61,800 0 0
FOSTER WHEELER AGR COM H27178104 5,308 167,874 SH   SOLE   167,874 0 0
GENERAL MOTORS CO COM 37045V900 400 10,000 SH Call SOLE   0 0 0
GLIMCHER RLTY TR SH BEN INT COM 379302102 3,080 227,500 SH   SOLE   227,500 0 0
GRAHAM HOLDINGS CO. COM 384637104 844 1,207 SH   SOLE   1,207 0 0
GRIFOLS SA SP ADR REP B NVT COM 398438408 734 20,898 SH   SOLE   20,898 0 0
GRUPO TELEVISA SA DE CV ADR (B COM 40049J206 305 9,000 SH   SOLE   9,000 0 0
GULF COAST ULTRA DEEP RTY TR R UNITS 40222T104 3,364 1,682,001 SH   SOLE   1,682,001 0 0
HARVEST NAT RES INC COM COM 41754V103 832 226,760 SH   SOLE   226,760 0 0
HERTZ GLOBAL HOLDINGS INC COM COM 42805T105 3,263 128,500 SH   SOLE   128,500 0 0
HESS CORP COM 42809H107 943 10,000 SH   SOLE   10,000 0 0
HUDSON CITY BANCORP INC COM COM 443683107 9,634 991,134 SH   SOLE   991,134 0 0
ICU MEDICAL INC COM 44930G107 1,066 16,616 SH   SOLE   16,616 0 0
INTEGRYS ENERGY GROUP INC COM 45822P105 2,411 37,200 SH   SOLE   37,200 0 0
INTEL CORP 3.25% 8/1/39 144A CONVERTIBLE BOND 458140AF7 209 125,000 PRN   SOLE   125,000 0 0
INTERNATIONAL GAME TECH COM 459902102 33,811 2,004,185 SH   SOLE   2,004,185 0 0
INTERNATIONAL RECTIFIER CORPCO COM 460254105 14,330 365,184 SH   SOLE   365,184 0 0
INTERPUBLIC GROUP COS INC COM 460690100 2,352 128,400 SH   SOLE   128,400 0 0
INTL FLAVORS & FRAGRANCES COM 459506101 719 7,500 SH   SOLE   7,500 0 0
ISHARES TR HIGH YLD CORP MUTUAL FUNDS 464288513 920 10,000 SH   SOLE   10,000 0 0
KEY ENERGY SVCS INC COM COM 492914106 104 21,500 SH   SOLE   21,500 0 0
KIMBALL INTL INC CL B COM 494274103 1,346 89,459 SH   SOLE   89,459 0 0
KINDER MORGAN EGY PTNS L P UT COM 494550106 3,545 38,000 SH   SOLE   38,000 0 0
KINDER MORGAN INC WT EXP 05/25 WARRANT AND RIGH 49456B119 1,419 389,710 SH   SOLE   389,710 0 0
KODIAK OIL & GAS CORP COM COM 50015Q100 4,987 367,515 SH   SOLE   367,515 0 0
KODIAK OIL & GAS CORP COM 50015Q950 200 20,000 SH Put SOLE   0 0 0
LENNAR B SHARES COM 526057302 3,050 95,279 SH   SOLE   95,279 0 0
LEXICON PHARMACEUTICALS INC COM 528872104 21 15,000 SH   SOLE   15,000 0 0
LIBERTY TRIPADVISOR HLDG-A COM 531465102 622 18,338 SH   SOLE   18,338 0 0
LIBERTY VENTURES SER A COM 53071M880 696 18,338 SH   SOLE   18,338 0 0
LIN MEDIA LLC - A COM 532771102 4,004 180,350 SH   SOLE   180,350 0 0
LIPOSCIENCE INC COM COM 53630M108 1,275 246,200 SH   SOLE   246,200 0 0
LORAL SPACE & COMMUNICATNS ICO COM 543881106 2,621 36,497 SH   SOLE   36,497 0 0
LORILLARD INC COM COM 544147101 4,661 77,800 SH   SOLE   77,800 0 0
MARKET VECTORS ETF TR GOLD MIN MUTUAL FUNDS 57060U100 747 35,000 SH   SOLE   35,000 0 0
MEAD JOHNSON COM 582839106 1,443 15,000 SH   SOLE   15,000 0 0
MEASUREMENT SPECIALTIES INC CO COM 583421102 18,967 221,553 SH   SOLE   221,553 0 0
MEDICAL ACTION INDS INC COM COM 58449L100 4,251 308,519 SH   SOLE   308,519 0 0
MIC 2.875% 07/15/19 CORPORATE BONDS 55608BAA3 307 275,000 PRN   SOLE   275,000 0 0
MICROSOFT CORP COM 594918104 464 10,000 SH   SOLE   10,000 0 0
MOLYCORP INC DEL COM COM 608753109 34 28,200 SH   SOLE   28,200 0 0
MONDELEZ INTERNATIONAL COM 609207105 343 10,000 SH   SOLE   10,000 0 0
MORGANS HOTEL GROUP CO COM COM 61748W108 5,230 648,076 SH   SOLE   648,076 0 0
MOVE INC COM 62458M207 8,795 419,586 SH   SOLE   419,586 0 0
MULTIMEDIA GAMES INC COM COM 625453105 2,126 59,051 SH   SOLE   59,051 0 0
NATIONAL FUEL GAS CO N J COM COM 636180101 315 4,500 SH   SOLE   4,500 0 0
NATIONAL INTERSTATE CORP COM COM 63654U100 2,624 94,059 SH   SOLE   94,059 0 0
NEOGENOMICS INC COM NEW COM 64049M209 104 20,000 SH   SOLE   20,000 0 0
NEWMONT MINING CORP HOLDING CO COM 651639106 356 15,450 SH   SOLE   15,450 0 0
NII HLDGS INC CL B NEW COM 62913F201 1 15,500 SH   SOLE   15,500 0 0
PEP BOYS MANNY MOE & JACK COM 713278109 1,171 131,457 SH   SOLE   131,457 0 0
PEPSICO INC COM 713448108 931 10,000 SH   SOLE   10,000 0 0
PEREGRINE SEMICONDUCTOR CORPCO COM 71366R703 4,148 335,300 SH   SOLE   335,300 0 0
PHH CORP COM NEW COM 693320202 4,933 220,630 SH   SOLE   220,630 0 0
PIKE ELECTRIC CORP COM 721283109 3,228 271,457 SH   SOLE   271,457 0 0
POST HOLDINGS INC COM 737446104 1,128 34,000 SH   SOLE   34,000 0 0
PROSHARES TRUST PSHS ULSHT SP5 ETF - EQUITY 74347B300 247 10,000 SH   SOLE   10,000 0 0
PROTECTIVE LIFE CORP COM COM 743674103 26,488 381,619 SH   SOLE   381,619 0 0
QUIMICA Y MINERA COM 833635105 784 30,000 SH   SOLE   30,000 0 0
QR ENERGY LP COM 74734R958 105 7,000 SH Put SOLE   0 0 0
RITE AID CORP COM COM 767754104 97 20,000 SH   SOLE   20,000 0 0
RIVERBED TECHNOLOGY INC COM COM 768573107 4,520 243,726 SH   SOLE   243,726 0 0
ROCKWOOD HLDGS INC COM COM 774415103 21,941 287,000 SH   SOLE   287,000 0 0
ROWAN COMPANIES PLC SHS CL A COM G7665A101 881 34,800 SH   SOLE   34,800 0 0
SAFEWAY INC COM NEW COM 786514208 22,260 648,979 SH   SOLE   648,979 0 0
SANOFI-AVENTIS-CVR COM 80105N113 148 318,241 SH   SOLE   318,241 0 0
SEADRILL LIMITED COM G7945E955 250 10,000 SH Put SOLE   0 0 0
SHANDA GAMES LTD SP ADR REPTG COM 81941U105 2,491 380,946 SH   SOLE   380,946 0 0
SHIRE PLC ADR COM 82481R106 16,846 65,030 SH   SOLE   65,030 0 0
SHUTTERFLY INC COM COM 82568P304 3,134 64,300 SH   SOLE   64,300 0 0
SIGMA ALDRICH CORP COM 826552101 11,452 84,200 SH   SOLE   84,200 0 0
SIRIUS XM HOLDINGS INC COM 82968B103 3,493 1,000,934 SH   SOLE   1,000,934 0 0
SNDK 1 1/2 08/17 CONVERTIBLE BOND 80004CAD3 242 125,000 PRN   SOLE   125,000 0 0
SNYDERS LANCE INC COM COM 833551104 265 10,000 SH   SOLE   10,000 0 0
SONY CORP-ADR (B:SNE US) COM 835699307 271 15,000 SH   SOLE   15,000 0 0
SPWRA 4 1/2 03/15 CONVERTIBLE BOND 867652AE9 1,544 1,000,000 PRN   SOLE   1,000,000 0 0
STATOIL ASA SPONSORED ADR COM 85771P102 1,086 40,000 SH   SOLE   40,000 0 0
SWS GROUP INC COM 78503N107 1,147 166,469 SH   SOLE   166,469 0 0
TELEPHONE & DATA SYS COM 879433829 379 15,800 SH   SOLE   15,800 0 0
TIBCO SOFTWARE INC COM 88632Q103 9,296 393,400 SH   SOLE   393,400 0 0
TIM HORTONS INC COM COM 88706M103 4,358 55,300 SH   SOLE   55,300 0 0
TIME WARNER CABLE INC COM COM 88732J207 15,040 104,813 SH   SOLE   104,813 0 0
TIME WARNER INC COM COM 887317303 1,418 18,850 SH   SOLE   18,850 0 0
TIME WARNER INC COM 887317903 925 10,000 SH Call SOLE   0 0 0
TRI POINTE HOMES INC COM COM 87265H109 357 27,600 SH   SOLE   27,600 0 0
TRIQUINT SEMICONDUCTOR INC COM COM 89674K103 11,727 614,961 SH   SOLE   614,961 0 0
TRULIA INC COM COM 897888103 14,218 290,750 SH   SOLE   290,750 0 0
TRW AUTOMOTIVE HOLDINGS CORP COM 87264S106 24,138 238,400 SH   SOLE   238,400 0 0
TW TELECOM INC COM 87311L104 17,964 431,733 SH   SOLE   431,733 0 0
TWENTY FIRST CENTY FOX B COM 90130A200 456 13,700 SH   SOLE   13,700 0 0
T-MOBILE US INC COM 872590104 7,158 247,947 SH   SOLE   247,947 0 0
T-MOBILE US INC COM 872590904 1,700 50,000 SH Call SOLE   0 0 0
UNIVERSAL AMERICAN CORP COM 91338E101 757 94,145 SH   SOLE   94,145 0 0
URS CORP NEW COM COM 903236107 2,950 51,203 SH   SOLE   51,203 0 0
VERIZON COMMUNICATIONS COM 92343V104 2,306 46,133 SH   SOLE   46,133 0 0
VIACOM INC NEW CL A COM 92553P102 624 8,100 SH   SOLE   8,100 0 0
WEATHERFORD INTERNATIONAL PLC COM G48833100 940 45,207 SH   SOLE   45,207 0 0
WELLS FARGO & CO NEW COM 949746101 4,240 81,743 SH   SOLE   81,743 0 0
WRIGHT MEDICAL GROUP INC-CVR 3 COM 98235T115 55 25,569 SH   SOLE   25,569 0 0
X 2 3/4 04/01/19 CONVERTIBLE BOND 912909AH1 206 125,000 PRN   SOLE   125,000 0 0
YAHOO INC. COM 984332106 1,455 35,700 SH   SOLE   35,700 0 0