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
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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
A H BELO CORP COM CL A 001282102 264 35,942 SH   SOLE   264 0 0
ADVENT CLAYMORE ENH GRW & IN COM 00765E104 130 15,555 SH   SOLE   130 0 0
ALLERGAN PLC SHS G0177J108 3,151 13,680 SH   SOLE   3,151 0 0
AMERICAN CAP LTD COM 02503Y103 14,919 882,275 SH   SOLE   14,919 0 0
ANDINA ACQUISITION CORP II UNIT 99/99/9999 G0441P112 1,943 187,500 SH   SOLE   1,943 0 0
AR CAP ACQUISITION CORP UNIT 10/06/2019 00191R208 2,853 285,000 SH   SOLE   2,853 0 0
AR CAP ACQUISITION CORP COM 00191R109 2,530 255,000 SH   SOLE   2,530 0 0
ATLANTIC ALLIANCE PARTNER CO SHS G04897107 3,754 357,500 SH   SOLE   3,754 0 0
AVENUE INCOME CR STRATEGIES COM 05358E106 369 28,482 SH   SOLE   369 0 0
BANK OF THE OZARKS INC COM 063904106 306 7,959 SH   SOLE   306 0 0
BARINGTON HILCO ACQUISITION COM 06759V101 250 24,740 SH   SOLE   250 0 0
BOULEVARD ACQUISITION UNIT 99/99/9999 10157Q201 5,304 519,500 SH   SOLE   5,304 0 0
BOULEVARD ACQUISITION CL A 10157Q102 377 38,319 SH   SOLE   377 0 0
BROADCOM LTD SHS Y09827109 4,140 24,000 SH Put SOLE   4,140 0 0
BROADCOM LTD SHS Y09827109 69 400 SH   SOLE   69 0 0
COMMUNITYONE BANCORP COM 20416Q108 1,964 141,886 SH   SOLE   1,964 0 0
COVISINT CORP COM 22357R103 40 18,549 SH   SOLE   40 0 0
CROSSROADS CAP INC COM 227656105 249 137,695 SH   SOLE   249 0 0
DELL TECHNOLOGIES INC COM CL V 24703L103 2,406 50,329 SH   SOLE   2,406 0 0
DEUTSCHE HIGH INCOME TR SHS 25155R100 1,089 118,200 SH   SOLE   1,089 0 0
DISCOVERY COMMUNICATNS NEW COM SER A 25470F104 2,500 92,860 SH   SOLE   2,500 0 0
DIVIDEND & INCOME FUND COM NEW 25538A204 329 29,306 SH   SOLE   329 0 0
DOUBLE EAGLE ACQUISITION COR UNIT 99/99/9999 G28195108 4,538 444,000 SH   SOLE   4,538 0 0
ELECTRUM SPL ACQUISITION COR SHS G3105C104 1,278 129,645 SH   SOLE   1,278 0 0
ENDOCYTE INC COM 29269A102 44 14,200 SH   SOLE   44 0 0
FIDELITY & GTY LIFE COM 315785105 1,229 53,000 SH   SOLE   1,229 0 0
FIDELITY NATIONAL FINANCIAL FNFV GROUP COM 31620R402 219 17,563 SH   SOLE   219 0 0
FIRSTHAND TECH VALUE FD INC COM 33766Y100 166 21,139 SH   SOLE   166 0 0
GABELLI EQUITY TR INC COM 362397101 1,770 313,808 SH   SOLE   1,770 0 0
GP INVTS ACQUISITION COR SHS G40357124 706 72,301 SH   SOLE   706 0 0
HARMONY MERGER CORP COM 413247107 905 90,000 SH   SOLE   905 0 0
HARMONY MERGER CORP UNIT 99/99/9999 413247206 789 75,000 SH   SOLE   789 0 0
HARVEST NATURAL RESOURCES IN COM 41754V103 255 314,707 SH   SOLE   255 0 0
HENNESSY CAP ACQUISITION COR COM 42588J100 1,176 120,000 SH   SOLE   1,176 0 0
HYDRA INDS ACQUISITION CORP COM 448740100 1,737 174,349 SH   SOLE   1,737 0 0
INGRAM MICRO INC CL A 457153104 7,797 218,643 SH   SOLE   7,797 0 0
INTEROIL CORP COM 460951106 1,288 25,301 SH   SOLE   1,288 0 0
ITC HLDGS CORP COM 465685105 19,211 413,325 SH   SOLE   19,211 0 0
KLA-TENCOR CORP COM 482480100 18,602 266,849 SH   SOLE   18,602 0 0
KOPIN CORP COM 500600101 52 23,746 SH   SOLE   52 0 0
LEXMARK INTL INC CL A 529771107 1,122 28,079 SH   SOLE   1,122 0 0
LIBERTY ALL STAR EQUITY FD SH BEN INT 530158104 479 92,538 SH   SOLE   479 0 0
LIBERTY GLOBAL PLC SHS CL A G5480U104 3,444 100,766 SH   SOLE   3,444 0 0
LIBERTY GLOBAL PLC LILAC SHS CL C G5480U153 2,169 77,324 SH   SOLE   2,169 0 0
LINKEDIN CORP COM CL A 53578A108 15,119 79,105 SH   SOLE   15,119 0 0
LOCKHEED MARTIN CORP COM 539830109 350 1,461 SH   SOLE   350 0 0
LUNA INNOVATIONS COM 550351100 49 34,483 SH   SOLE   49 0 0
MEDIA GEN INC NEW COM 58441K100 5,601 303,893 SH   SOLE   5,601 0 0
MODUSLINK GLOBAL SOLUTIONS I COM NEW 60786L206 114 69,804 SH   SOLE   114 0 0
MORGANS HOTEL GROUP CO COM 61748W108 39 19,100 SH   SOLE   39 0 0
NEUBERGER BERMAN RE ES SEC F COM 64190A103 3,613 634,989 SH   SOLE   3,613 0 0
NUVEEN DIVERSIFIED COMMODTY COM UT BEN INT 67074P104 940 103,604 SH   SOLE   940 0 0
NUVEEN GLOBAL EQUITY INCOME COM 6706EH103 1,863 156,044 SH   SOLE   1,863 0 0
NUVEEN LG/SHT COMMODITY TOTR COM UT BEN INT 670731108 1,812 137,073 SH   SOLE   1,812 0 0
ORIGO ACQUISITION CORP SHS G67789126 129 12,500 SH   SOLE   129 0 0
PENNANTPARK FLOATING RATE CA COM 70806A106 751 56,738 SH   SOLE   751 0 0
PRISM TECHNOLOGIES GROUP INC COM 74273Y100 28 132,586 SH   SOLE   28 0 0
PROCTER AND GAMBLE CO COM 742718109 91,281 1,017,060 SH   SOLE   91,281 0 0
PROCTER AND GAMBLE CO COM 742718109 65,966 735,000 SH Put SOLE   65,966 0 0
PROCTER AND GAMBLE CO COM 742718109 16,155 180,000 SH Put SOLE   16,155 0 0
QLT INC COM 746927102 394 191,114 SH   SOLE   394 0 0
QUINPARIO ACQUISITION CORP 2 COM 74874U101 2,417 243,850 SH   SOLE   2,417 0 0
REALNETWORKS INC COM NEW 75605L708 141 31,601 SH   SOLE   141 0 0
REAVES UTIL INCOME FD COM SH BEN INT 756158101 4,071 133,223 SH   SOLE   4,071 0 0
RENTECH INC COM NEW 760112201 383 131,249 SH   SOLE   383 0 0
RITE AID CORP COM 767754104 5,981 777,772 SH   SOLE   5,981 0 0
SAFEGUARD SCIENTIFICS INC COM NEW 786449207 6,343 489,441 SH   SOLE   6,343 0 0
SAMSON OIL & GAS LTD SPON ADR NEW 796043206 10 14,119 SH   SOLE   10 0 0
SANOFI RIGHT 12/31/2020 80105N113 42 155,177 SH   SOLE   42 0 0
ST JUDE MED INC COM 790849103 6,062 76,000 SH   SOLE   6,062 0 0
SUFFOLK BANCORP COM 864739107 1,345 38,676 SH   SOLE   1,345 0 0
TALEN ENERGY CORP COM 87422J105 838 60,475 SH   SOLE   838 0 0
TRANS WORLD ENTMT CORP COM 89336Q100 36 10,400 SH   SOLE   36 0 0
VIACOM INC NEW CL B 92553P201 2,531 66,418 SH   SOLE   2,531 0 0
VIDEOCON D2H LTD ADR 92657J101 464 47,423 SH   SOLE   464 0 0
WESTAR ENERGY INC COM 95709T100 7,206 126,973 SH   SOLE   7,206 0 0
WHITEWAVE FOODS CO COM 966244105 1,089 20,000 SH   SOLE   1,089 0 0
WHITEWAVE FOODS CO COM 966244105 2,536 46,600 SH Call SOLE   2,536 0 0
WHITEWAVE FOODS CO COM 966244105 2,226 40,900 SH Put SOLE   2,226 0 0
WRIGHT MED GROUP N V RIGHT 03/01/2019 N96617126 50 38,308 SH   SOLE   50 0 0
YAHOO INC COM 984332106 9,996 231,925 SH   SOLE   9,996 0 0