13F-HR 1 a11812213fhr.txt FOR THE QUARTER ENDED SEPTEMBER 30, 2012 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 13F FORM 13F COVER PAGE Report for the Calendar Year or Quarter Ended: September 30, 2012 Check here if Amendment [ ]; Amendment Number: This amendment (Check only one.): [ ] is a restatement. [ ] adds new holdings entries. Institutional Investment Manager Filing this Report: Name: RBF CAPITAL, LLC Address: 100 Drakes Landing Road, Suite 300 Greenbrae, CA 94904 13F File Number: 028-06357 The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it that all information contained herein is true, correct and complete and that it is understood that all required items, statements, schedules, lists and tables are considered integral parts of this form. Person Signing this Report on Behalf of Reporting Manager: Name: Richard B. Fullerton Title: Managing Member Phone: 415-464-4478 Signature, Place and Date of Signing: /s/ Richard B. Fullerton Greenbrae, CA November 8, 2012 -------------------------- --------------------- ------------------- [Signature] [City, State] [Date] Report Type (Check only one.): [X] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.) [ ] 13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).) [ ] 13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).) I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE ACT OF 1934 FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 Form 13F Information Table Entry Total: 330 Form 13F Information Table Value Total: 302,825 (thousands) List of Other Included Managers: Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report. NONE RBF CAPITAL, LLC FORM 13F INFORMATION TABLE - THIRD QUARTER 2012
TITLE OF VALUE SHARES/ SH/ PUT/ INVSMT OTH VOTING AUTHORITY NAME OF ISSUER CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRTN MGRS SOLE SHARED NONE ==================================================================================================================================== A. H. BELO CORPORATION CMN SERIES A Common Stock 001282102 966 200,000 SH SOLE 200,000 ACCENTURE PLC CMN Common Stock G1151C901 700 10,000 SH SOLE 10,000 ACE LIMITED CMN Common Stock H0023R105 832 11,000 SH SOLE 11,000 ACTIONS SEMICONDUCTOR CO LTD ADR CMN ADR 00507E107 574 356,599 SH SOLE 356,599 AEP INDUSTRIES INC CMN Common Stock 001031103 3,761 62,065 SH SOLE 62,065 AEROPOSTALE, INC. CMN Common Stock 007865108 2,368 175,000 SH SOLE 175,000 AETNA INC CMN Common Stock 00817Y108 396 10,000 SH SOLE 10,000 ALLIANCE ONE INTL INC. CMN Common Stock 018772103 875 270,880 SH SOLE 270,880 ALLIANCEBERNSTEIN HOLDING LP CMN Ltd Part 01881G106 462 30,000 SH SOLE 30,000 ALTERRA CAPITAL HOLDINGS LIMIT CMN Common Stock G0229R108 239 10,000 SH SOLE 10,000 AMERCO CMN Common Stock 023586100 639 6,010 SH SOLE 6,010 AMERICAN EAGLE OUTFITTERS INC (NEW) Common Stock 02553E106 2,108 100,000 SH SOLE 100,000 AMERICAN EXPRESS CO. CMN Common Stock 025816109 1,023 18,000 SH SOLE 18,000 AMERICAN GREETINGS CORPORATION CMN CLASSA Common Stock 026375105 3,360 200,000 SH SOLE 200,000 AMERICAN INTL GROUP, INC. CMN Common Stock 026874784 1,967 60,000 SH SOLE 60,000 CALL/AIG @ 30 EXP 01/19/2013 Equity Option 026874904 29 73 SH CALL SOLE 73 CALL/AIG @ 45 EXP 01/19/2013 Equity Option 026874904 0 25 SH CALL SOLE 25 AMERICAN LORAIN CORPORATION CMN Common Stock 027297100 29 22,996 SH SOLE 22,996 AMERICAN NATL INS CO CMN Common Stock 028591105 215 3,000 SH SOLE 3,000 AMERICAN RIVER BANKSHARES CMN Common Stock 029326105 86 11,292 SH SOLE 11,292 AMERICAN SAFETY INSURANCE HLDS CMN Common Stock G02995101 413 22,103 SH SOLE 22,103 AMERISOURCEBERGEN CORPORATION CMN Common Stock 03073E105 1,161 30,000 SH SOLE 30,000 ANADARKO PETROLEUM CORP CMN Common Stock 032511107 280 4,000 SH SOLE 4,000 ANIXTER INTERNATIONAL INC CMN Common Stock 035290105 287 5,000 SH SOLE 5,000 APOGEE ENTERPRISES INC CMN Common Stock 037598109 198 10,093 SH SOLE 10,093 APOLLO GLOBAL MANAGEMENT, LLC CMN CLASSA Ltd Part 037612306 147 10,000 SH SOLE 10,000 APOLLO GROUP CLASS A COMMON STOCK Common Stock 037604105 872 30,000 SH SOLE 30,000 ARROW ELECTRONICS INC. CMN Common Stock 042735100 674 20,000 SH SOLE 20,000 ASPEN INSURANCE HOLDINGS LTD CMN Common Stock G0585R106 1,525 50,000 SH SOLE 50,000 ASSET ACCEPTANCE CAPITAL CORP CMN Common Stock 04543P100 851 114,016 SH SOLE 114,016 ASTA FUNDING INC CMN Common Stock 046220109 1,479 157,494 SH SOLE 157,494 AUTODESK INC CMN Common Stock 052769106 233 7,000 SH SOLE 7,000 AVNET INC. CMN Common Stock 053807103 873 30,000 SH SOLE 30,000 BANK OF AMERICA CORP CMN Common Stock 060505104 7,947 900,000 SH SOLE 900,000 CALL/BAC @ 10 EXP 01/19/2013 Equity Option 060505904 4 150 SH CALL SOLE 150 CALL/BAC @ 12.5 EXP 01/19/2013 Equity Option 060505904 2 500 SH CALL SOLE 500 CALL/BAC @ 5 EXP 01/19/2013 Equity Option 060505904 38 100 SH CALL SOLE 100 BANK OF MARIN BANCORP CMN Common Stock 063425102 215 5,046 SH SOLE 5,046 BASSETT FURNITURE CMN Common Stock 070203104 635 51,018 SH SOLE 51,018 BEACON FEDERAL BANCORP INC CMN Common Stock 073582108 203 9,868 SH SOLE 9,868 BEASLEY BROADCAST GROUP INC CMN CLASS A Common Stock 074014101 158 32,469 SH SOLE 32,469 BEL FUSE INC CL-B CMN CLASS B Common Stock 077347300 496 26,558 SH SOLE 26,558 BENCHMARK ELECTRONICS INC CMN Common Stock 08160H101 177 11,600 SH SOLE 11,600 BERKSHIRE HATHAWAY INC CL-A (DEL) CLASSA Common Stock 084670108 28,531 215 SH SOLE 215 BLUEGREEN CORPORATION CMN Common Stock 096231105 1,636 260,483 SH SOLE 260,483 BON-TON STORES INC CMN Common Stock 09776J101 162 17,100 SH SOLE 17,100 BROADWIND ENERGY INC. CMN Common Stock 11161T207 219 101,533 SH SOLE 101,533 BRUNSWICK CORP. CMN Common Stock 117043109 328 14,500 SH SOLE 14,500 BURNHAM HOLDINGS INC CMN Common Stock 122295108 165 10,968 SH SOLE 10,968 C D I CORP CMN Common Stock 125071100 813 47,728 SH SOLE 47,728 CACHE INC NEW CMN Common Stock 127150308 64 20,000 SH SOLE 20,000 CALLIDUS SOFTWARE INC CMN Common Stock 13123E500 148 30,000 SH SOLE 30,000 CAMBREX CORPORATION CMN Common Stock 132011107 475 40,490 SH SOLE 40,490 CAMCO FINL CORP CMN Common Stock 132618109 393 211,410 SH SOLE 211,410 CAMPBELL SOUP CO CMN Common Stock 134429109 1,741 50,000 SH SOLE 50,000 CAPITAL ONE FINANCIAL CORP CMN Common Stock 14040H105 1,254 22,000 SH SOLE 22,000 CAREER EDUCATION CORP CMN Common Stock 141665109 283 75,284 SH SOLE 75,284 CAREFUSION CORPORATION CMN Common Stock 14170T101 284 10,000 SH SOLE 10,000 CARRIAGE SERVICES, INC. CMN Common Stock 143905107 1,801 186,257 SH SOLE 186,257 CARROLS RESTAURANT GROUP INC CMN Common Stock 14574X104 1,152 200,000 SH SOLE 200,000 CENTRAL BANCORP INC CMN Common Stock 152418109 2,398 74,005 SH SOLE 74,005 CENTRAL GARDEN & PET CO CMN Common Stock 153527106 284 23,900 SH SOLE 23,900 CENTRAL GARDEN & PET COMPANY CMN CLASS ANON Common Stock 153527205 1,208 100,000 SH SOLE 100,000 VOTING SHARES CENTURY BANCORP INC CL-A NON VTG CLASS A Common Stock 156432106 274 8,573 SH SOLE 8,573 CENTURY CASINOS INC CMN Common Stock 156492100 295 111,365 SH SOLE 111,365 CGI GROUP INC CMN CLASS A Common Stock 39945C109 201 7,500 SH SOLE 7,500 CHARLES & COLVARD LTD CMN Common Stock 159765106 49 13,602 SH SOLE 13,602 CHEMTURA CORPORATION CMN Common Stock 163893209 751 43,600 SH SOLE 43,600 CHESAPEAKE ENERGY CORPORATION CMN Common Stock 165167107 1,321 70,000 SH SOLE 70,000 CHICO'S FAS INC CMN Common Stock 168615102 634 35,000 SH SOLE 35,000 CHROMCRAFT REVINGTON INC COM CMN Common Stock 171117104 8 10,491 SH SOLE 10,491 CITIZENS REPUBLIC BANCORP INC CMN Common Stock 174420307 2,190 113,201 SH SOLE 113,201 CNO FINANCIAL GROUP INC CMN Common Stock 12621E103 2,557 265,000 SH SOLE 265,000 COCA-COLA COMPANY (THE) CMN Common Stock 191216100 1,441 38,000 SH SOLE 38,000 COGENT COMMUNICATIONS GROUP IN*C CMN Common Stock 19239V302 460 20,000 SH SOLE 20,000 COMPASS DIVERSIFIED HOLDINGS CMN Ltd Part 20451Q104 152 10,300 SH SOLE 10,300 CONTINENTAL MATERIALS CORP CMN Common Stock 211615307 332 26,190 SH SOLE 26,190 COVANTA HOLDING CORP CMN Common Stock 22282E102 429 25,000 SH SOLE 25,000 COVENTRY HEALTH CARE INC CMN Common Stock 222862104 208 5,000 SH SOLE 5,000 COWEN GROUP, INC. CMN Common Stock 223622101 1,234 456,200 SH SOLE 456,200 CRAWFORD & CO CL-A CMN CLASS A Common Stock 224633206 46 10,552 SH SOLE 10,552 CREDIT SUISSE GROUP SPON ADR SPONSORED ADR 225401108 212 10,000 SH SOLE 10,000 ADR CMN CROWN CRAFTS INC CMN Common Stock 228309100 67 10,830 SH SOLE 10,830 CSG SYSTEMS INTL INC CMN Common Stock 126349109 675 30,032 SH SOLE 30,032 CULP INC CMN Common Stock 230215105 412 35,000 SH SOLE 35,000 CVS CAREMARK CORPORATION CMN Common Stock 126650100 1,453 30,000 SH SOLE 30,000 CYBEROPTICS CORP CMN Common Stock 232517102 84 11,580 SH SOLE 11,580 DANA HOLDING CORPORATION CMN Common Stock 235825205 308 25,000 SH SOLE 25,000 DATALINK CORP CMN Common Stock 237934104 158 19,084 SH SOLE 19,084 DAVITA INC CMN Common Stock 23918K108 311 3,000 SH SOLE 3,000 DELUXE CORP CMN Common Stock 248019101 458 15,000 SH SOLE 15,000 DESWELL INDUSTRIES INC CMN Common Stock 250639101 199 72,033 SH SOLE 72,033 DGT HOLDINGS CORP CMN Common Stock 23328R107 2,368 184,279 SH SOLE 184,279 DHT HOLDINGS INC CMN Common Stock Y2065G121 510 81,415 SH SOLE 81,415 DISCOVER FINANCIAL SERVICES CMN Common Stock 254709108 1,116 28,100 SH SOLE 28,100 DIXIE GROUP INC CMN CLASS A Common Stock 255519100 68 19,738 SH SOLE 19,738 DOT HILL SYSTEMS CORP CMN Common Stock 25848T109 21 20,000 SH SOLE 20,000 DOVER DOWNS GAMING & ENTMT INC CMN Common Stock 260095104 854 342,925 SH SOLE 342,925 DOVER MOTORSPORTS INC CMN Common Stock 260174107 109 78,163 SH SOLE 78,163 DOVER SADDLERY, INC. CMN Common Stock 260412101 1,410 377,896 SH SOLE 377,896 DSP GROUP INC CMN Common Stock 23332B106 296 49,798 SH SOLE 49,798 DST SYSTEM INC COMMON STOCK Common Stock 233326107 509 9,000 SH SOLE 9,000 E*TRADE FINANCIAL CORPORATION CMN Common Stock 269246401 397 45,072 SH SOLE 45,072 EBAY INC. CMN Common Stock 278642103 2,419 50,000 SH SOLE 50,000 EDCI HLDGS INC CMN Common Stock 268315207 829 174,500 SH SOLE 174,500 EINSTEIN NOAH RESTAURANT GROUP, INC CMN Common Stock 28257U104 285 16,139 SH SOLE 16,139 ENDURANCE SPECIALTY HLDGS LTD CMN Common Stock G30397106 1,155 30,000 SH SOLE 30,000 ENGLOBAL CORPORATION CMN Common Stock 293306106 163 302,643 SH SOLE 302,643 ENTEGRIS, INC. CMN Common Stock 29362U104 163 20,000 SH SOLE 20,000 ENTERCOM COMMS. CORP CLASS A COMMON STOCK Common Stock 293639100 69 10,000 SH SOLE 10,000 ENTRAVISION COMMUNICATIONS CP CMN CLASSA Common Stock 29382R107 1,314 980,307 SH SOLE 980,307 EQUIFAX INC CMN Common Stock 294429105 466 10,000 SH SOLE 10,000 EVEREST RE GROUP LTD CMN Common Stock G3223R108 672 6,287 SH SOLE 6,287 FAIR ISAAC INC CMN Common Stock 303250104 969 21,900 SH SOLE 21,900 FEDERATED NATL HLDG CO CMN Common Stock 31422T101 200 33,636 SH SOLE 33,636 FIESTA RESTAURANT GROUP, INC. CMN Common Stock 31660B101 3,174 200,000 SH SOLE 200,000 FIFTH THIRD BANCORP CMN Common Stock 316773100 465 30,000 SH SOLE 30,000 FIRST CMNTY CORP S C CMN Common Stock 319835104 590 70,000 SH SOLE 70,000 FIRST OF LONG ISLAND CORP CMN Common Stock 320734106 216 7,000 SH SOLE 7,000 FIRST PLACE FINANCIAL CORPORATION CMN Common Stock 33610T109 39 54,781 SH SOLE 54,781 FIVE STAR QUALITY CARE INC CMN Common Stock 33832D106 767 150,000 SH SOLE 150,000 FLAGSTAR BANCORP, INC. CMN Common Stock 337930705 3,300 3,000,000 SH SOLE 3,000,000 FLEXSTEEL INDUSTRIES INC CMN Common Stock 339382103 1,268 61,256 SH SOLE 61,256 FLUSHING FINANCIAL CORPORATION CMN Common Stock 343873105 174 10,983 SH SOLE 10,983 FNB CORPORATION (VA) CMN Common Stock 302520101 897 80,000 SH SOLE 80,000 FOSTER WHEELER AG CMN Common Stock H27178104 288 12,000 SH SOLE 12,000 FROZEN FOOD EXPRESS INDS INC CMN Common Stock 359360104 81 40,568 SH SOLE 40,568 GANNETT CO.INC. CMN Common Stock 364730101 1,420 80,000 SH SOLE 80,000 GENCOR INDUSTRIES INC CMN Common Stock 368678108 501 67,663 SH SOLE 67,663 GENERAL CABLE CORP CMN Common Stock 369300108 1,175 40,000 SH SOLE 40,000 GENERAL ELECTRIC CO CMN Common Stock 369604103 454 20,000 SH SOLE 20,000 GENERAL MOTORS COMPANY CMN Common Stock 37045V100 683 30,000 SH SOLE 30,000 GIBRALTAR INDUSTRIES INC CMN Common Stock 374689107 2,295 179,000 SH SOLE 179,000 GLOBAL PMTS INC CMN Common Stock 37940X102 418 10,000 SH SOLE 10,000 GLOBAL SOURCES LIMITED CMN ISIN: Common Stock G39300101 318 48,437 SH SOLE 48,437 BMG393001018 GOLDMAN SACHS GROUP, INC.(THE) CMN Common Stock 38141G104 2,615 23,000 SH SOLE 23,000 GOOGLE, INC. CMN CLASS A Common Stock 38259P508 755 1,000 SH SOLE 1,000 GRAPHIC PACKAGING HLDGCO CMN Common Stock 388689101 159 27,286 SH SOLE 27,286 H & R BLOCK INC. CMN Common Stock 093671105 347 20,000 SH SOLE 20,000 H&E EQUIPMENT SERVICES INC CMN Common Stock 404030108 606 50,000 SH SOLE 50,000 HANGER INC CMN Common Stock 41043F208 237 8,300 SH SOLE 8,300 HANMI FINANCIAL CORPORATION CMN Common Stock 410495204 1,793 140,000 SH SOLE 140,000 HARDINGE INC. COMMON STOCK Common Stock 412324303 1,026 100,093 SH SOLE 100,093 HARVARD BIOSCIENCE INC CMN Common Stock 416906105 143 33,887 SH SOLE 33,887 HAWTHORN BANCSHARES INC CMN Common Stock 420476103 228 25,771 SH SOLE 25,771 HCA HOLDINGS, INC. CMN Common Stock 40412C101 2,328 70,000 SH SOLE 70,000 HEALTH MANAGEMENT ASSOC. CL A CMN CLASSA Common Stock 421933102 252 30,000 SH SOLE 30,000 HEALTH NET, INC. CMN Common Stock 42222G108 900 40,000 SH SOLE 40,000 HEELYS, INC. CMN Common Stock 42279M107 232 126,620 SH SOLE 126,620 HERTZ GLOBAL HOLDINGS, INC. CMN Common Stock 42805T105 387 28,200 SH SOLE 28,200 HOLLYFRONTIER CORP CMN Common Stock 436106108 1,651 40,000 SH SOLE 40,000 HOLLYWOOD MEDIA CORP CMN Common Stock 436233100 654 454,300 SH SOLE 454,300 HOOPER HOLMES INC CMN Common Stock 439104100 257 402,203 SH SOLE 402,203 HORACE MANN EDUCATORS CORP CMN Common Stock 440327104 272 15,000 SH SOLE 15,000 HORMEL FOODS CORP CMN Common Stock 440452100 760 26,000 SH SOLE 26,000 HUBBELL INCORPORATED CLASS B CMN CLASS B Common Stock 443510201 363 4,500 SH SOLE 4,500 HUDSON GLOBAL, INC. CMN Common Stock 443787106 1,621 363,366 SH SOLE 363,366 HUTTIG BUILDING PRODUCTS INC CMN Common Stock 448451104 821 566,276 SH SOLE 566,276 INDEPENDENCE HOLDING COMPANY (NEW) Common Stock 453440307 1,155 114,700 SH SOLE 114,700 INFORMATION SVCS GRP, INC. CMN Common Stock 45675Y104 234 188,381 SH SOLE 188,381 INFUSYSTEM HOLDINGS, INC. CMN Common Stock 45685K102 1,629 925,332 SH SOLE 925,332 INSTEEL INDUSTRIES INC CMN Common Stock 45774W108 2,011 171,449 SH SOLE 171,449 INTEGRATED ELECTRICAL SVC INC CMN Common Stock 45811E301 137 30,000 SH SOLE 30,000 INTERTAPE POLYMER GROUP INC CMN Common Stock 460919103 744 108,533 SH SOLE 108,533 INTERXION HOLDING N.V. CMN Common Stock N47279109 227 10,000 SH SOLE 10,000 INVESTORS TITLE CO CMN Common Stock 461804106 430 6,598 SH SOLE 6,598 ISHARES DOW JONES U.S. UTILITIES SECTORINDEX ETP 464287697 492 5,500 SH SOLE 5,500 FUND ETF JOURNAL COMMUNICATIONS INC CMN CLASS A Common Stock 481130102 156 30,000 SH SOLE 30,000 JPMORGAN CHASE & CO CMN Common Stock 46625H100 2,429 60,000 SH SOLE 60,000 JPS INDUSTRIES, INC. CMN Common Stock 46624E405 1,390 202,608 SH SOLE 202,608 KELLY SERVICES INC(CL-A) CMN CLASS A Common Stock 488152208 1,021 81,024 SH SOLE 81,024 KKR & CO. L.P. CMN Ltd Part 48248M102 151 10,000 SH SOLE 10,000 KRAFT FOODS INC. CMN CLASS A Common Stock 50076Q106 2,483 60,056 SH SOLE 60,056 LANNETT COMPANY, INC CMN Common Stock 516012101 323 66,792 SH SOLE 66,792 LEE ENTERPRISES INC CMN Common Stock 523768109 227 153,186 SH SOLE 153,186 LIBBEY INC. CMN Common Stock 529898108 316 20,000 SH SOLE 20,000 LINCOLN EDL SERVICES CORP CMN Common Stock 533535100 61 14,510 SH SOLE 14,510 LKQ CORPORATION CMN Common Stock 501889208 1,848 100,000 SH SOLE 100,000 LSI INDUSTRIES INC CMN Common Stock 50216C108 643 95,334 SH SOLE 95,334 LYDALL INC CMN Common Stock 550819106 1,712 121,530 SH SOLE 121,530 LYONDELLBASELL INDUSTRIES N.V. CMN CLASSA Common Stock N53745100 2,015 39,000 SH SOLE 39,000 MAIDENFORM BRANDS, INC. CMN Common Stock 560305104 205 10,000 SH SOLE 10,000 MARINEMAX INC CMN Common Stock 567908108 167 20,200 SH SOLE 20,200 MARSH & MCLENNAN CO INC CMN Common Stock 571748102 533 15,700 SH SOLE 15,700 MASTERCARD INCORPORATED CMN CLASS A Common Stock 57636Q104 2,935 6,500 SH SOLE 6,500 MATERIAL SCIENCES CORP CMN Common Stock 576674105 2,096 229,320 SH SOLE 229,320 MBIA INC CMN Common Stock 55262C100 101 10,000 SH SOLE 10,000 MCGRAW-HILL COMPANIES INC CMN Common Stock 580645109 2,347 43,000 SH SOLE 43,000 MEDNAX INC CMN Common Stock 58502B106 268 3,600 SH SOLE 3,600 MENS WEARHOUSE INC (THE) CMN Common Stock 587118100 861 25,000 SH SOLE 25,000 MFC INDUSTRIAL LTD CMN Common Stock 55278T105 347 41,518 SH SOLE 41,518 MFRI INC CMN Common Stock 552721102 180 31,880 SH SOLE 31,880 MICROSOFT CORPORATION CMN Common Stock 594918104 1,280 43,000 SH SOLE 43,000 MICROSTRATEGY INC CMN CLASS A Common Stock 594972408 378 2,821 SH SOLE 2,821 MIDWESTONE FINANCIAL GROUP INC CMN Common Stock 598511103 778 36,100 SH SOLE 36,100 MORGAN STANLEY CMN Common Stock 617446448 5,564 332,400 SH SOLE 332,400 CALL/MS @ 12 EXP 10/20/2012 Equity Option 617446908 95 200 SH CALL SOLE 200 CALL/MS @ 13 EXP 10/20/2012 Equity Option 617446908 30 80 SH CALL SOLE 80 CALL/MS @ 14 EXP 01/19/2013 Equity Option 617446908 663 2,072 SH CALL SOLE 2,072 CALL/MS @ 15 EXP 01/18/2014 Equity Option 617446908 39 100 SH CALL SOLE 100 CALL/MS @ 15 EXP 01/19/2013 Equity Option 617446908 159 650 SH CALL SOLE 650 CALL/MS @ 16 EXP 01/19/2013 Equity Option 617446908 36 200 SH CALL SOLE 200 CALL/MS @ 17.5 EXP 01/19/2013 Equity Option 617446908 199 1,912 SH CALL SOLE 1,912 CALL/MS @ 20 EXP 01/18/2014 Equity Option 617446908 5 30 SH CALL SOLE 30 CALL/MS @ 20 EXP 01/19/2013 Equity Option 617446908 11 345 SH CALL SOLE 345 CALL/MS @ 21 EXP 01/19/2013 Equity Option 617446908 4 200 SH CALL SOLE 200 CALL/MS @ 22 EXP 01/19/2013 Equity Option 617446908 5 400 SH CALL SOLE 400 MOVADO GROUP INC CMN Common Stock 624580106 337 10,000 SH SOLE 10,000 MRV COMMUNICATIONS, INC CMN Common Stock 553477100 513 950,063 SH SOLE 950,063 MUELLER WATER PRODUCTS, INC. CMN SERIESA Common Stock 624758108 543 110,855 SH SOLE 110,855 MULTIBAND CORPORATION CMN Common Stock 62544X209 32 15,000 SH SOLE 15,000 NABORS INDUSTRIES LTD. CMN Common Stock G6359F103 631 45,000 SH SOLE 45,000 NASDAQ OMX GROUP, INC. CMN Common Stock 631103108 233 10,000 SH SOLE 10,000 NATHANS FAMOUS INC CMN Common Stock 632347100 242 7,702 SH SOLE 7,702 NATIONAL OILWELL VARCO, INC. COMMON STOCK Common Stock 637071101 801 10,000 SH SOLE 10,000 CMN NATL WESTN LIFE INS CO CL-A CMN CLASS A Common Stock 638522102 242 1,689 SH SOLE 1,689 NCI BUILDING SYSTEMS, INC. CMN Common Stock 628852204 369 36,815 SH SOLE 36,815 NEW HAMPSHIRE THRIFT BANCSHARES INC Common Stock 644722100 2,361 183,765 SH SOLE 183,765 NN INC CMN Common Stock 629337106 85 10,000 SH SOLE 10,000 NUVASIVE, INC. CMN Common Stock 670704105 916 40,000 SH SOLE 40,000 OAKTREE CAPITAL GROUP, LLC CMN Ltd Part 674001201 410 10,000 SH SOLE 10,000 OBAGI MEDICAL PRODUCTS, INC. CMN Common Stock 67423R108 609 49,058 SH SOLE 49,058 OMNICOM GROUP CMN Common Stock 681919106 516 10,000 SH SOLE 10,000 ONE LIBERTY PROPERTIES INC CMN REIT 682406103 373 20,000 SH SOLE 20,000 OPTICAL CABLE CORP CMN Common Stock 683827208 109 24,690 SH SOLE 24,690 PACER INTERNATIONAL INC CMN Common Stock 69373H106 40 10,000 SH SOLE 10,000 PACIFIC PREMIER BANCORP CMN Common Stock 69478X105 186 19,519 SH SOLE 19,519 PAR TECHNOLOGY CORP CMN Common Stock 698884103 334 61,385 SH SOLE 61,385 PARKER-HANNIFIN CORP. CMN Common Stock 701094104 376 4,500 SH SOLE 4,500 PARTNERRE LTD BERMUDA CMN Common Stock G6852T105 1,857 25,000 SH SOLE 25,000 PATTERSON-UTI ENERGY, INC. ORD CMN Common Stock 703481101 633 40,000 SH SOLE 40,000 PEPSICO INC CMN Common Stock 713448108 2,123 30,000 SH SOLE 30,000 PERCEPTRON INC CMN Common Stock 71361F100 664 106,203 SH SOLE 106,203 PERFECT WORLD CO., LTD. SPONSORED ADR CMN ADR 71372U104 977 90,000 SH SOLE 90,000 PGT INC CMN Common Stock 69336V101 740 225,483 SH SOLE 225,483 PHH CORPORATION CMN Common Stock 693320202 1,425 70,000 SH SOLE 70,000 PHILIP MORRIS INTL INC CMN Common Stock 718172109 540 6,000 SH SOLE 6,000 PHILLIPS 66 CMN Common Stock 718546104 2,504 54,000 SH SOLE 54,000 PHOENIX COMPANIES INC. (THE) CMN Common Stock 71902E604 392 12,796 SH SOLE 12,796 PLATINUM UNDERWRITERS HLDGS CMN Common Stock G7127P100 5,599 137,000 SH SOLE 137,000 PNC FINANCIAL SERVICES GROUP CMN Common Stock 693475105 947 15,000 SH SOLE 15,000 POLYCOM INC CMN Common Stock 73172K104 197 20,000 SH SOLE 20,000 PPG INDUSTRIES INC. CMN Common Stock 693506107 1,263 11,000 SH SOLE 11,000 PRESIDENTIAL LIFE CORP CMN Common Stock 740884101 4,441 318,781 SH SOLE 318,781 PSYCHEMEDICS CORPORATION CMN Common Stock 744375205 1,030 85,358 SH SOLE 85,358 PULTEGROUP INC. CMN Common Stock 745867101 930 60,000 SH SOLE 60,000 QC HOLDINGS, INC. CMN Common Stock 74729T101 105 30,000 SH SOLE 30,000 QLT INC. CMN Common Stock 746927102 619 79,489 SH SOLE 79,489 QUALITY DISTRIBUTION, INC. CMN Common Stock 74756M102 410 44,300 SH SOLE 44,300 QUESTCOR PHARMACEUTICALS INC CMN Common Stock 74835Y101 385 20,825 SH SOLE 20,825 RADNET, INC. CMN Common Stock 750491102 152 54,800 SH SOLE 54,800 RAIT FINANCIAL TRUST CMN REIT 749227609 158 30,000 SH SOLE 30,000 RCM TECHNOLOGIES INC CMN Common Stock 749360400 147 26,497 SH SOLE 26,497 RENT-A-CENTER INC CMN Common Stock 76009N100 350 10,000 SH SOLE 10,000 RESOURCE AMERICA INC CL-A CMN CLASS A Common Stock 761195205 855 125,000 SH SOLE 125,000 RICK'S CABARET INTERNATIONAL INC (NEW) Common Stock 765641303 490 59,191 SH SOLE 59,191 ROCKWELL AUTOMATION INC CMN Common Stock 773903109 209 3,000 SH SOLE 3,000 ROTECH HEALTHCARE INC. CMN Common Stock 778669101 20 39,500 SH SOLE 39,500 RPM INTERNATIONAL INC CMN Common Stock 749685103 714 25,000 SH SOLE 25,000 SAFEWAY INC. CMN Common Stock 786514208 402 25,000 SH SOLE 25,000 SALEM COMMUNICATIONS CL-A CMN CLASS A Common Stock 794093104 105 20,045 SH SOLE 20,045 SANMINA-SCI CORPORATION CMN Common Stock 800907206 85 10,000 SH SOLE 10,000 SCHOOL SPECIALTY, INC. COMMON STOCK Common Stock 807863105 288 125,040 SH SOLE 125,040 SEABRIGHT HLDG INC CMN Common Stock 811656107 134 12,200 SH SOLE 12,200 SEALY CORPORATION CMN Common Stock 812139301 872 400,000 SH SOLE 400,000 SEALY CORPORATION CONV PFD USD0.0000(0.00%) Preferred Stock 812139400 893 12,027 SH SOLE 12,027 PFD SED INTERNATIONAL HLDGS INC CMN Common Stock 784109209 96 47,882 SH SOLE 47,882 SENSIENT TECHNOLOGIES CORP CMN Common Stock 81725T100 294 8,000 SH SOLE 8,000 SERVICE CORP INTERNATL CMN Common Stock 817565104 269 20,000 SH SOLE 20,000 SINCLAIR BROADCAST GROUP INC CMN CLASS A Common Stock 829226109 112 10,000 SH SOLE 10,000 SL INDS INC CMN Common Stock 784413106 1,196 80,316 SH SOLE 80,316 SPAR GROUP INC CMN Common Stock 784933103 1,484 894,090 SH SOLE 894,090 STANLEY FURNITURE INC (NEW) CMN Common Stock 854305208 223 45,763 SH SOLE 45,763 STARTEC INCORPORATED CMN Common Stock 85569C107 199 65,223 SH SOLE 65,223 STATE STREET CORPORATION (NEW) CMN Common Stock 857477103 4,406 105,000 SH SOLE 105,000 STEELCASE INC. 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