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 230 300,000 PRN   SOLE   300,000 0 0
ADOBE SYSTEMS INC COM COM 00724F101 1,030 10,000 SH   SOLE   10,000 0 0
AEP INDS INC COM COM 001031103 6,362 54,794 SH   SOLE   54,794 0 0
AKAMAI TECHNOLOGIES INC COM COM 00971T101 1,000 15,000 SH   SOLE   15,000 0 0
ALAMOS GOLD INC NEW COM CL A COM 011532108 129 18,847 SH   SOLE   18,847 0 0
ALERE INC COM 01449J105 18,286 469,239 SH   SOLE   469,239 0 0
ALLERGAN PLC SHS COM G0177J108 431 2,050 SH   SOLE   2,050 0 0
ALLIED WRLD ASSUR COM HLDG ASH COM H01531104 7,020 130,700 SH   SOLE   130,700 0 0
AMD 2 1/8 9/1/26 CONVERTIBLE BOND 007903BD8 235 150,000 PRN   SOLE   150,000 0 0
AMERICAN EXPRESS CO COM 025816109 207 2,800 SH   SOLE   2,800 0 0
APACHE CORP COM 037411105 984 15,500 SH   SOLE   15,500 0 0
APOLLO EDUCATION COM 037604105 2,196 221,859 SH   SOLE   221,859 0 0
APPLIED MICRO CIRCUITS CORP CO COM 03822W406 343 41,563 SH   SOLE   41,563 0 0
ASTORIA FINL CORP COM COM 046265104 3,443 184,590 SH   SOLE   184,590 0 0
AVIRAGEN THERAPEUTICS INC COM 053761102 276 224,477 SH   SOLE   224,477 0 0
AVISTA CORP COM COM 05379B107 800 20,000 SH   SOLE   20,000 0 0
BANCROFT FUND LTD COM MUTUAL FUNDS 059695106 1,121 55,400 SH   SOLE   55,400 0 0
BANK OF AMERICA COM 060505104 2,403 108,729 SH   SOLE   108,729 0 0
BANK OF NEW YORK MELLON CORP COM 064058100 900 19,000 SH   SOLE   19,000 0 0
BLUE NILE INC COM COM 09578R103 719 17,700 SH   SOLE   17,700 0 0
BROCADE COMMUNICATIONS SYS ICO COM 111621306 9,263 741,647 SH   SOLE   741,647 0 0
BTO CN 3 1/4 10/1/18 CONVERTIBLE BOND 11777QAB6 510 500,000 PRN   SOLE   500,000 0 0
CABELAS INC- CL A COM COM 126804301 14,991 256,039 SH   SOLE   256,039 0 0
CASCADE BANCORP COM NEW COM 147154207 2,202 271,134 SH   SOLE   271,134 0 0
CBS CORP CLASS A COM 124857103 544 8,400 SH   SOLE   8,400 0 0
CHARTER COMMUNICATIONS INC COM 16119P108 375 1,302 SH   SOLE   1,302 0 0
CHEMTURA CORP COM NEW COM 163893209 13,531 407,547 SH   SOLE   407,547 0 0
CHEVRON CORP COM 166764100 1,012 8,600 SH   SOLE   8,600 0 0
CHIPOTLE MEXICAN GRILL INC CL COM 169656105 2,453 6,500 SH   SOLE   6,500 0 0
CITIGROUP INC COM 172967424 475 8,000 SH   SOLE   8,000 0 0
CLARCOR INC COM 179895107 12,340 149,625 SH   SOLE   149,625 0 0
CLEAR CHANNEL OUTDOOR HLDGS CL COM 18451C109 86 17,000 SH   SOLE   17,000 0 0
COHEN & STEERS INC COM COM 19247A100 353 10,500 SH   SOLE   10,500 0 0
COLUMBIA PIPELINE PARTNERS LCO COM 198281107 3,327 194,000 SH   SOLE   194,000 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 256 35,200 SH   SOLE   35,200 0 0
CST BRANDS INC COM COM 12646R105 15,583 323,630 SH   SOLE   323,630 0 0
CURTISS WRIGHT CORP COM 231561101 492 5,000 SH   SOLE   5,000 0 0
CYPRESS SEMICONDUCTOR CORP COM COM 232806109 1,684 147,200 SH   SOLE   147,200 0 0
DATALINK CORP COM COM 237934104 569 50,500 SH   SOLE   50,500 0 0
DESTINATION MATERNITY CORP COM COM 25065D100 536 103,700 SH   SOLE   103,700 0 0
DEVON ENERGY CORP NEW COM 25179M103 1,060 23,200 SH   SOLE   23,200 0 0
DIGI INTL INC COM COM 253798102 584 42,500 SH   SOLE   42,500 0 0
DISH NETWORK CORPORATION COM 25470M109 203 3,500 SH   SOLE   3,500 0 0
EARTHLINK HLDGS CORP COM COM 27033X101 454 80,505 SH   SOLE   80,505 0 0
EATON CORP PLC SHS COM G29183103 530 7,900 SH   SOLE   7,900 0 0
ENDURANCE SPECIALTY HLDGS LTSH COM G30397106 17,006 184,045 SH   SOLE   184,045 0 0
EVERBANK FINL CORP COM COM 29977G102 8,941 459,703 SH   SOLE   459,703 0 0
EXPRESS SCRIPTS HOLDING COMPAN COM 30219G108 206 3,000 SH   SOLE   3,000 0 0
FEDERAL MOGUL CORP CL A COM 313549404 152 14,750 SH   SOLE   14,750 0 0
FMC TECHNOLOGIES INC COM COM 30249U101 22,437 631,489 SH   SOLE   631,489 0 0
FREEPORT MCMORAN COPPER&GOLD C COM 35671D857 1,522 115,400 SH   SOLE   115,400 0 0
G & K SVCS INC CL A COM 361268105 7,866 81,553 SH   SOLE   81,553 0 0
GABELLI DIV&INC TR COM MUTUAL FUNDS 36242H104 10,393 518,628 SH   SOLE   518,628 0 0
GABELLI GLB SML & MD CP VAL CO MUTUAL FUNDS 36249W104 553 52,190 SH   SOLE   52,190 0 0
GABELLI GLOBAL UTIL & INCOMECO MUTUAL FUNDS 36242L105 3,973 236,473 SH   SOLE   236,473 0 0
GABELLI GO ANYWHERE TRUST MUTUAL FUNDS 36250J109 1,971 97,920 SH   SOLE   97,920 0 0
GABELLI GO ANYWHERE TRUST 8 1 PREFERRED STOCKS 36250J208 1,692 32,640 SH   SOLE   32,640 0 0
GABELLI MULTIMEDIA TRST INC MUTUAL FUNDS 36239Q109 646 89,162 SH   SOLE   89,162 0 0
GAMCO INVESTORS INC. COM PRIVATE INVESTME 361438104 135,701 4,393,055 SH   SOLE   4,393,055 0 0
GAS NAT INC COM COM 367204104 804 64,100 SH   SOLE   64,100 0 0
GDL FUND MUTUAL FUNDS 361570104 13,954 1,418,091 SH   SOLE   1,418,091 0 0
GENERAL ELEC CO COM 369604103 253 8,000 SH   SOLE   8,000 0 0
GLOBAL SOURCES LTD COM COM G39300101 220 24,835 SH   SOLE   24,835 0 0
GRUPO TELEVISA SA DE CV ADR (B COM 40049J206 261 12,500 SH   SOLE   12,500 0 0
GYRODYNE LLC COM COM 403829104 1,604 87,994 SH   SOLE   87,994 0 0
HARMAN INTL INDS INC NEW COM COM 413086109 14,262 128,300 SH   SOLE   128,300 0 0
HARVEST NATURAL RESOURCES IN COM 41754V202 488 78,986 SH   SOLE   78,986 0 0
HC2 HLDGS INC COM COM 404139107 220 37,100 SH   SOLE   37,100 0 0
HCA HOLDINGS INC COM COM 40412C101 259 3,500 SH   SOLE   3,500 0 0
HEADWATERS INC COM COM 42210P102 4,087 173,750 SH   SOLE   173,750 0 0
HEWLETT PACKARD ENTERPRISE CCO COM 42824C109 4,332 187,200 SH   SOLE   187,200 0 0
HUMANA INC COM COM 444859102 18,799 92,137 SH   SOLE   92,137 0 0
ICAHN ENTERPRISES LP DEPOSITRY COM 451100101 360 6,000 SH   SOLE   6,000 0 0
INTEL CORP 3.25 8/1/39 144A CONVERTIBLE BOND 458140AF7 309 175,000 PRN   SOLE   175,000 0 0
INTELIQUENT INC COM COM 45825N107 2,096 91,441 SH   SOLE   91,441 0 0
INTERACTIVE BROKERS COM 45841N107 1,241 34,000 SH   SOLE   34,000 0 0
INTERNAP NETWORK SVCS CORP COM COM 45885A300 235 152,638 SH   SOLE   152,638 0 0
INTEROIL CORP COM COM 460951106 6,749 141,837 SH   SOLE   141,837 0 0
INTERSIL HLDG CORP CL A COM 46069S109 6,467 289,983 SH   SOLE   289,983 0 0
INTRALINKS HLDGS INC COM COM 46118H104 644 47,651 SH   SOLE   47,651 0 0
INVENSENSE INC COM COM 46123D205 2,343 183,200 SH   SOLE   183,200 0 0
IONS 1.000 11/15/21 CONVERTIBLE BOND 464337AJ3 511 500,000 PRN   SOLE   500,000 0 0
ISHARES TR NASDQ BIO INDX MUTUAL FUNDS 464287556 265 1,000 SH   SOLE   1,000 0 0
JOY GLOBAL INC COM COM 481165108 17,407 621,665 SH   SOLE   621,665 0 0
KATE SPADE & CO COM COM 485865109 1,616 86,550 SH   SOLE   86,550 0 0
KINDER MORGAN INC WT EXP 05/25 WARRANT AND RIGH 49456B119 2 232,081 SH   SOLE   232,081 0 0
KKR & CO. L.P COM 48248M102 1,853 120,410 SH   SOLE   120,410 0 0
LATTICE SEMICONDUCTOR CORP COM COM 518415104 2,349 319,106 SH   SOLE   319,106 0 0
LENNAR B SHARES COM 526057302 6,977 202,219 SH   SOLE   202,219 0 0
LEVEL 3 COMM COM 52729N308 6,454 114,510 SH   SOLE   114,510 0 0
LIBERTY BRAVES GROUP C COM 531229888 220 10,678 SH   SOLE   10,678 0 0
LIBERTY EXPEDIA HOLDINGS SER A COM 53046P109 270 6,800 SH   SOLE   6,800 0 0
LIBERTY GLOBAL PLC SHS CL A COM G5480U104 597 19,524 SH   SOLE   19,524 0 0
LIBERTY GLOBAL PLC SHS CL C COM G5480U120 1,420 47,799 SH   SOLE   47,799 0 0
LIBERTY INTERACTIVE CORP LBT V COM 53071M856 376 10,200 SH   SOLE   10,200 0 0
LIBERTY SIRIUS GROUP C COM 531229607 20,216 596,000 SH   SOLE   596,000 0 0
LIFELOCK INC COM COM 53224V100 17,981 751,717 SH   SOLE   751,717 0 0
LINEAR TECHNOLOGY CORP COM 535678106 20,294 325,488 SH   SOLE   325,488 0 0
LIONBRIDGE TECHNOLOGIES INC CO COM 536252109 192 33,083 SH   SOLE   33,083 0 0
LORAL SPACE & COMMUNICATNS ICO COM 543881106 3,328 81,065 SH   SOLE   81,065 0 0
MEDIA GEN INC NEW COM COM 58441K100 15,658 831,534 SH   SOLE   831,534 0 0
MENTOR GRAPHICS CORP COM COM 587200106 18,391 498,542 SH   SOLE   498,542 0 0
MIC 2.875 07/15/19 CORPORATE BONDS 55608BAA3 378 325,000 PRN   SOLE   325,000 0 0
MICROSOFT CORP COM 594918104 621 10,000 SH   SOLE   10,000 0 0
MONDELEZ INTERNATIONAL COM 609207105 643 14,500 SH   SOLE   14,500 0 0
MONSANTO CO NEW COM COM 61166W101 3,956 37,600 SH   SOLE   37,600 0 0
MYLAN N V ORD SHARES COM N59465109 469 12,287 SH   SOLE   12,287 0 0
NASDAQ STOCK MARKET INC COM COM 631103108 201 3,000 SH   SOLE   3,000 0 0
NATIONAL FUEL GAS CO N J COM COM 636180101 249 4,400 SH   SOLE   4,400 0 0
NEUSTAR INC CL A COM 64126X201 4,554 136,354 SH   SOLE   136,354 0 0
NEWMONT MINING CORP HOLDING CO COM 651639106 341 10,000 SH   SOLE   10,000 0 0
NXP SEMICONDUCTORS N V COM COM N6596X109 45,048 459,625 SH   SOLE   459,625 0 0
OPKO HEALTH INC COM COM 68375N103 93 10,000 SH   SOLE   10,000 0 0
PDCE 1 1/8 9/15/21 CONVERTIBLE BOND 69327RAD3 336 300,000 PRN   SOLE   300,000 0 0
PEPSICO INC COM 713448108 1,046 10,000 SH   SOLE   10,000 0 0
PNC FINANCIAL CORP COM 693475105 468 4,000 SH   SOLE   4,000 0 0
POST HOLDINGS INC COM 737446104 1,206 15,000 SH   SOLE   15,000 0 0
PRIVATEBANCORP INC COM COM 742962103 15,010 276,982 SH   SOLE   276,982 0 0
PROSHARES TRUST PSHS ULSHT SP5 ETF - EQUITY 74347B300 1,511 100,000 SH   SOLE   100,000 0 0
REYNOLDS AMERICAN INC COM 761713106 516 9,200 SH   SOLE   9,200 0 0
RITE AID CORP COM COM 767754104 25,086 3,044,386 SH   SOLE   3,044,386 0 0
RYMAN HOSPITALITY PPTYS INC CO COM 78377T107 1,033 16,395 SH   SOLE   16,395 0 0
SCRIPPS E W CO OHIO CL A COM 811054402 204 10,552 SH   SOLE   10,552 0 0
SNYDERS LANCE INC COM COM 833551104 633 16,500 SH   SOLE   16,500 0 0
SONY CORP-ADR (B:SNE US) COM 835699307 701 25,000 SH   SOLE   25,000 0 0
SPDR GOLD TRUST GOLD SHS COM 78463V107 1,096 10,000 SH   SOLE   10,000 0 0
SPDR S&P 500 ETF TRUST COM 78462F103 208 929 SH   SOLE   929 0 0
ST JUDE MEDICAL CENTER INC COM 790849103 39,576 493,527 SH   SOLE   493,527 0 0
SUPERIOR INDS INTL INC COM 868168105 211 8,000 SH   SOLE   8,000 0 0
SYNGENTA AG ADR SPONSORED COM 87160A100 22,133 279,985 SH   SOLE   279,985 0 0
TEAM HEALTH HOLDINGS INC COM COM 87817A107 17,050 392,413 SH   SOLE   392,413 0 0
TELEPHONE & DATA SYS COM 879433829 427 14,800 SH   SOLE   14,800 0 0
TESLA MOTORS 1.250 03/1/21 CONVERTIBLE BOND 88160RAC5 432 500,000 PRN   SOLE   500,000 0 0
THERMO FISHER SCIENTIFIC INC COM 883556102 282 2,000 SH   SOLE   2,000 0 0
TIME WARNER INC COM COM 887317303 11,686 121,064 SH   SOLE   121,064 0 0
TWENTY FIRST CENTY FOX B COM 90130A200 2,233 81,954 SH   SOLE   81,954 0 0
UNITED STATES CELLULAR CORP COM 911684108 389 8,900 SH   SOLE   8,900 0 0
UNIVERSAL AMERICAN CORP COM 91338E101 5,462 548,981 SH   SOLE   548,981 0 0
VALSPAR CORP COM COM 920355104 22,749 219,565 SH   SOLE   219,565 0 0
VASCULAR SOLUTIONS INC COM COM 92231M109 4,359 77,695 SH   SOLE   77,695 0 0
VIACOM INC NEW CL A COM 92553P102 393 10,200 SH   SOLE   10,200 0 0
VIMPELCOM LTD-SPON ADR-W/I COM 92719A106 46 12,000 SH   SOLE   12,000 0 0
WCI CMNTYS INC COM PAR $0.01 COM 92923C807 3,185 135,800 SH   SOLE   135,800 0 0
WEATHERFORD INTERNATIONAL PLC COM G48833100 157 31,500 SH   SOLE   31,500 0 0
WELLS FARGO CV PFD L 7.500 CONVERTIBLE PREF 949746804 298 250 SH   SOLE   250 0 0
WELLS FARGO & CO NEW COM 949746101 4,505 81,743 SH   SOLE   81,743 0 0
WESTAR ENERGY INC COM 95709T100 13,696 243,044 SH   SOLE   243,044 0 0
WHITEWAVE FOODS CO - A COM 966244105 32,268 580,351 SH   SOLE   580,351 0 0
WYNN RESORTS LTD COM COM 983134107 208 2,400 SH   SOLE   2,400 0 0
XYLEM INC COM 98419M100 248 5,000 SH   SOLE   5,000 0 0
YAHOO INC. COM 984332106 13,470 348,344 SH   SOLE   348,344 0 0
ZIMMER BIOMET HLDG COM 98956P102 206 2,000 SH   SOLE   2,000 0 0