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
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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
AGL Resources Inc. COM 001204106 8,765 132,864 SH   SOLE   121,434 0 11,430
Alere, Inc. COM 01449J105 6,460 155,000 SH   SOLE   140,965 0 14,035
Astoria Financial Corporation COM 046265104 9,975 650,670 SH   SOLE   591,800 0 58,870
Axiall Corp COM 05463D100 9,131 280,000 SH   SOLE   255,920 0 24,080
Celator Pharmaceuticals, Inc. COM 15089R102 8,752 290,000 SH   SOLE   264,685 0 25,315
Columbia Pipeline Group, Inc. COM 198280109 12,971 508,855 SH   SOLE   464,430 0 44,425
Cvent, Inc. COM 23247G109 4,465 125,000 SH   SOLE   114,420 0 10,580
Demandware Inc. COM 24802Y105 13,856 185,000 SH   SOLE   169,365 0 15,635
Diamond Resorts International COM 25272T104 2,097 70,000 SH   SOLE   70,000 0 0
DreamWorks Animation SKG, Inc. CL A 26153C103 8,991 220,000 SH   SOLE   200,680 0 19,320
EMC Corporation COM 268648102 8,694 320,000 SH   SOLE   292,350 0 27,650
Elizabeth Arden, Inc. COM 28660G106 4,753 345,419 SH   SOLE   305,404 0 40,015
Fairchild Semiconductor Intern COM 303726103 11,772 593,031 SH   SOLE   535,851 0 57,180
Financial Select Sector SPDR SBI INT-FINL 81369Y605 491 21,480 SH   SOLE   21,480 0 0
FirstMerit Corporation COM 337915102 7,972 393,300 SH   SOLE   352,000 0 41,300
Hatteras Financial Corporation COM 41902R103 12,874 785,000 SH   SOLE   715,450 0 69,550
Hennessy Capital Acquisition C COM 42588J100 1,960 200,000 SH   SOLE   179,000 0 21,000
Higher One Holdings Inc. COM 42983D104 2,131 417,024 SH   SOLE   351,964 0 65,060
KLA-Tencor Corporation COM 482480100 10,987 150,000 SH   SOLE   133,650 0 16,350
LDR Holding Corporation COM 50185U105 3,695 100,000 SH   SOLE   91,360 0 8,640
LinkedIn Corporation COM CL A 53578A108 11,014 58,200 SH   SOLE   53,285 0 4,915
Media General, Inc. COM 58441K100 7,426 432,000 SH   SOLE   392,880 0 39,120
Memorial Resource Development COM 58605Q109 9,741 613,400 SH   SOLE   560,900 0 52,500
National Interstate Corporatio COM 63654u100 9,004 297,669 SH   SOLE   272,304 0 25,365
NorthStar Realty Finance Corp. COM 66704r803 2,656 232,379 SH   SOLE   232,379 0 0
Piedmont Natural Gas Company, COM 720186105 9,018 150,000 SH   SOLE   137,320 0 12,680
PrivateBancorp, Inc. COM 742962103 4,403 100,000 SH   SOLE   91,400 0 8,600
ReachLocal, Inc. COM 75525F104 1,129 248,193 SH   SOLE   209,353 0 38,840
Skullcandy Inc. COM 83083J104 738 120,148 SH   SOLE   101,338 0 18,810
St. Jude Medical, Inc. COM 790849103 9,360 120,000 SH   SOLE   109,460 0 10,540
Starwood Hotels & Resorts Worl COM 85590A401 13,270 179,447 SH   SOLE   164,247 0 15,200
TECO Energy, Inc. COM 872375100 10,757 389,180 SH   SOLE   351,100 0 38,080
Talmer Bancorp, Inc. COM 87482X101 4,563 238,027 SH   SOLE   220,220 0 17,807
Technology Select Sector SPDR TECHNOLOGY 81369Y803 388 8,944 SH   SOLE   8,944 0 0
Virgin America Inc. COM VTG 92765X208 8,713 155,000 SH   SOLE   141,230 0 13,770
Wilshire Bancorp, Inc. COM 97186T108 5,192 498,290 SH   SOLE   454,043 0 44,247
Winthrop Realty Trust SH BEN INT NEW 976391300 1,797 204,456 SH   SOLE   186,311 0 18,145
XenoPort Inc. COM 98411C100 4,622 656,595 SH   SOLE   601,100 0 55,495
Xura, Inc. COM 98420V107 4,474 183,146 SH   SOLE   167,681 0 15,465
inContact Inc. COM 45336e109 10,237 739,112 SH   SOLE   677,015 0 62,097
Hennessy Capital Acquisition $ *W EXP 07/28/202 42588J118 124 200,000 SH   SOLE   179,000 0 21,000
ETFS PALLADIUM TRUST SH BEN INT 26923A106 529 9,189 SH   SOLE   9,189 0 0
SPDR BARCLAYS SHORT TERM HIGH YIELD SHT TRM HGH YLD 78468R408 1,196 44,300 SH   SOLE   44,300 0 0
WILLIAMS COS INC COM 969457100 10 500 SH   SOLE   500 0 0
WPX ENERGY INC COM 98212B103 2 166 SH   SOLE   166 0 0