0001162044-12-000443.txt : 20120508
0001162044-12-000443.hdr.sgml : 20120508
20120508101123
ACCESSION NUMBER: 0001162044-12-000443
CONFORMED SUBMISSION TYPE: 13F-HR
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20120331
FILED AS OF DATE: 20120508
DATE AS OF CHANGE: 20120508
EFFECTIVENESS DATE: 20120508
FILER:
COMPANY DATA:
COMPANY CONFORMED NAME: Ancora Advisors, LLC
CENTRAL INDEX KEY: 0001446114
IRS NUMBER: 331033773
STATE OF INCORPORATION: OH
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 13F-HR
SEC ACT: 1934 Act
SEC FILE NUMBER: 028-13214
FILM NUMBER: 12819985
BUSINESS ADDRESS:
STREET 1: 2000 AUBURN DRIVE, SUITE 300
CITY: CLEVELAND
STATE: X1
ZIP: 44122
BUSINESS PHONE: 2168254000
MAIL ADDRESS:
STREET 1: 2000 AUBURN DRIVE, SUITE 300
CITY: CLEVELAND
STATE: X1
ZIP: 44122
13F-HR
1
ancora13fhr201205.txt
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 13F
Form 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: 3/31/2012
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: Ancora Advisors LLC
Address: 2000 Auburn Drive, Suite 300, Cleveland, OH 44122
13F File Number: 028-13214
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: Joseph Spidalieri
Title: Chief Compliance Officer
Phone: (216) 825-4007
Signature, Place, and Date of Signing:
Cleveland, Ohio - May 7, 2012
Report Type (Check only one.):
[ X] 13F HOLDINGS REPORT.
[ ] 13F NOTICE.
[ ] 13F COMBINATION REPORT.
List of Other Managers Reporting for this Manager: None
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form13F Information Table Entry Total: 347
Form13F Information Table Value Total: $ 362,468
List of Other Included Managers: None
List of Other Managers Reporting for this Manager: None
Provide a numbered list of the name(s) and Form 13F file number(s) of all
institutional managers with respect to which this report is filled, other
than the manager filing this report.
NONE
FORM 13F INFORMATION
TABLE
Item 1 Item 2 Item 3 Item 4 Item 5 Item 6 Item 7 Item 8
Name of Issuer Class CUSIP No. Market Quantity Investment Other Voting
Value Discretion Managers Authority
3M CO COM COM 88579Y101 $ 2,563.00 28,732 Sole None Sole
BOSTON PRIVT FINL HLDG COM COM 101119105 $ 257.00 25,900 Sole None Sole
BRISTOL-MYERS SQUIBB CO COM COM 110122108 $ 2,273.00 67,358 Sole None Sole
BROWN FORMAN CORP CL A COM 115637100 $ 3,399.00 41,619 Sole None Sole
CBS CORP NEW CL B COM 124857202 $ 1,651.00 48,700 Sole None Sole
CSX CORP COM COM 126408103 $ 431.00 20,016 Sole None Sole
CALLAWAY GOLF CO COM 131193104 $ 991.00 146,565 Sole None Sole
CARLISLE COS INC COM COM 142339100 $ 479.00 9,600 Sole None Sole
CARNIVAL CORP COM COM 143658300 $ 633.00 19,740 Sole None Sole
CATERPILLAR INC COM 149123101 $ 478.00 4,492 Sole None Sole
CELGENE CORP COM COM 151020104 $ 783.00 10,100 Sole None Sole
CENTRAL GOLDTRUST TR UNIT COM 153546106 $ 1,542.00 24,200 Sole None Sole
CHESAPEAKE ENERGY CORP COM COM 165167107 $ 280.00 12,100 Sole None Sole
CHEVRONTEXACO CORP COM 166764100 $ 459.00 4,278 Sole None Sole
CHROMCRAFT REVINGTON COM COM 171117104 $ 16.00 13,031 Sole None Sole
CINCINNATI FINL CORP COM COM 172062101 $ 3,677.00 106,537 Sole None Sole
COBRA ELECTRS CORP COM COM 191042100 $ 352.00 88,000 Sole None Sole
COCA COLA CO COM COM 191216100 $ 3,530.00 47,694 Sole None Sole
COGNIZANT TECH SOLUTNS CL A COM 192446102 $ 269.00 3,500 Sole None Sole
CONAGRA FOODS INC COM COM 205887102 $ 1,333.00 50,754 Sole None Sole
CONNS INC COM COM 208242107 $ 178.00 11,580 Sole None Sole
CONSOLIDATED EDISON COM COM 209115104 $ 421.00 7,200 Sole None Sole
CONTINENTAL MATLS CORP COM PAR COM 211615307 $ 183.00 11,000 Sole None Sole
CORNING INC COM 219350105 $ 1,666.00 118,359 Sole None Sole
COURIER CORP COM COM 222660102 $ 464.00 40,015 Sole None Sole
CROSS A T CO CL A COM 227478104 $ 122.00 10,164 Sole None Sole
CRYOLIFE INC COM COM 228903100 $ 365.00 69,347 Sole None Sole
DESWELL INDS INC COM COM 250639101 $ 134.00 55,123 Sole None Sole
DIGIRAD CORP COM COM 253827109 $ 148.00 70,500 Sole None Sole
WALT DISNEY CO COM COM 254687106 $ 1,424.00 32,526 Sole None Sole
DOLE FOOD CO INC NEW COM COM 256603101 $ 160.00 16,000 Sole None Sole
DOVER MOTORSPORTS INC COM COM 260174107 $ 296.00 200,000 Sole None Sole
DOW CHEMICAL CO COM COM 260543103 $ 1,307.00 37,723 Sole None Sole
DU PONT E I DE NEMOURS & CO CO COM 263534109 $ 1,436.00 27,150 Sole None Sole
EMC CORP-MASS COM 268648102 $ 1,189.00 39,780 Sole None Sole
EXCO RES INC COM COM 269279402 $ 298.00 45,000 Sole None Sole
EATON CORP COM COM 278058102 $ 522.00 10,476 Sole None Sole
EBAY INC COM COM 278642103 $ 450.00 12,200 Sole None Sole
EMERSON ELECTRIC CO COM 291011104 $ 933.00 17,876 Sole None Sole
EMERSON RADIO CORP COM NEW COM 291087203 $ 255.00 126,671 Sole None Sole
FERRO CORP COM COM 315405100 $ 92.00 15,525 Sole None Sole
FIRST MARBLEHEAD CORP COM COM 320771108 $ 678.00 555,952 Sole None Sole
FIRSTENERGY CORP COM COM 337932107 $ 789.00 17,300 Sole None Sole
FREIGHTCAR AMER INC COM COM 357023100 $ 245.00 10,900 Sole None Sole
FREQUENCY ELECTRS INC COM COM 358010106 $ 174.00 21,048 Sole None Sole
FROZEN FOOD EXPR INDS COM COM 359360104 $ 153.00 122,467 Sole None Sole
GANNETT INC COM COM 364730101 $ 373.00 24,340 Sole None Sole
GENCOR INDS INC COM COM 368678108 $ 114.00 16,247 Sole None Sole
GENERAL ELEC CO COM COM 369604103 $ 1,081.00 53,863 Sole None Sole
GENERAL MILLS INC COM 370334104 $ 430.00 10,888 Sole None Sole
GOODRICH PETE CORP COM NEW COM 382410405 $ 371.00 19,500 Sole None Sole
HARRIS CORP DEL COM COM 413875105 $ 590.00 13,094 Sole None Sole
HAWAIIAN HOLDINGS INC COM COM 419879101 $ 455.00 87,000 Sole None Sole
HAWAIIAN TELCOM HOLDCO COM COM 420031106 $ 259.00 15,043 Sole None Sole
HEICO CORP NEW CL A COM 422806208 $ 1,489.00 37,076 Sole None Sole
HILLTOP HOLDINGS INC COM COM 432748101 $ 170.00 20,266 Sole None Sole
HONEYWELL INTL INC COM COM 438516106 $ 1,709.00 27,998 Sole None Sole
HOOKER FUNITURE CORP COM COM 439038100 $ 202.00 14,800 Sole None Sole
HUBBELL INC CL A COM 443510102 $ 3,886.00 51,395 Sole None Sole
IGO INC COM COM 449593102 $ 63.00 74,248 Sole None Sole
INTEL CORP COM COM 458140100 $ 4,999.00 177,797 Sole None Sole
INTERNATIONAL BUSINESS MACHINE COM 459200101 $ 2,553.00 12,236 Sole None Sole
INTERNATIONAL GAME TECHNOLOGY COM 459902102 $ 639.00 38,033 Sole None Sole
INVACARE CORP COM COM 461203101 $ 1,069.00 64,542 Sole None Sole
ISHARES GOLD TRUST COM 464285105 $ 1,514.00 93,035 Sole None Sole
JOHNSON & JOHNSON COM 478160104 $ 2,550.00 38,657 Sole None Sole
KENT FINL SVCS INC COM NEW COM 490560208 $ 36.00 31,700 Sole None Sole
KEWAUNEE SCIENTIFIC CP COM COM 492854104 $ 182.00 20,959 Sole None Sole
KEYCORP NEW COM 493267108 $ 289.00 34,023 Sole None Sole
KIMBALL INTL INC CL B COM 494274103 $ 633.00 91,599 Sole None Sole
KIMBERLY CLARK CORP COM 494368103 $ 296.00 4,000 Sole None Sole
KOPIN CORP COM COM 500600101 $ 81.00 20,000 Sole None Sole
LNB BANCORP INC COM COM 502100100 $ 242.00 34,861 Sole None Sole
LAKELAND INDS INC COM COM 511795106 $ 1,248.00 122,332 Sole None Sole
LANDEC CORP COM COM 514766104 $ 485.00 74,245 Sole None Sole
LANNET INC COM COM 516012101 $ 376.00 90,250 Sole None Sole
LAWSON PRODS INC COM COM 520776105 $ 248.00 16,441 Sole None Sole
LEGG MASON INC COM COM 524901105 $ 391.00 14,000 Sole None Sole
LENNAR CORP CL B COM 526057302 $ 957.00 42,825 Sole None Sole
LIBERTY ALL-STAR GRWTH COM COM 529900102 $ 65.00 15,000 Sole None Sole
LILLY ELI & CO COM COM 532457108 $ 208.00 5,155 Sole None Sole
LUBYS INC COM COM 549282101 $ 457.00 75,320 Sole None Sole
LYDALL INC DEL COM COM 550819106 $ 568.00 55,700 Sole None Sole
MVC CAPITAL INC COM COM 553829102 $ 295.00 22,500 Sole None Sole
MARCUS CORP COM COM 566330106 $ 282.00 22,500 Sole None Sole
MARTHA STEWART LIVING CL A COM 573083102 $ 84.00 22,000 Sole None Sole
MATERIAL SCIENCES CORP COM COM 576674105 $ 82.00 10,000 Sole None Sole
MCCORMICK & SCHMICKS COM COM 579793100 $ 1,658.00 189,230 Sole None Sole
MEDTRONIC INC COM 585055106 $ 437.00 11,140 Sole None Sole
MICROSOFT CORP COM COM 594918104 $ 4,100.00 127,106 Sole None Sole
MINE SAFETY APPLIANCES CO COM COM 602720104 $ 351.00 8,533 Sole None Sole
MOTOROLA MOBILITY HLDG COM COM 620097105 $ 1,418.00 36,125 Sole None Sole
NEW FRONTIER MEDIA INC COM COM 644398109 $ 124.00 80,236 Sole None Sole
NEWMONT MINING CORP HOLDING CO COM 651639106 $ 543.00 10,597 Sole None Sole
ORBIT INTL CORP COM NEW COM 685559304 $ 89.00 20,200 Sole None Sole
PICO HLDGS INC COM NEW COM 693366205 $ 488.00 20,800 Sole None Sole
PVF CAPITAL CORP COM COM 693654105 $ 2,496.00 1,280,102 Sole None Sole
PARKER HANNIFIN CORP COM 701094104 $ 859.00 10,155 Sole None Sole
PENFORD CORP COM COM 707051108 $ 390.00 57,700 Sole None Sole
PEPSICO INC COM 713448108 $ 1,252.00 18,874 Sole None Sole
PFIZER INC COM COM 717081103 $ 5,138.00 226,915 Sole None Sole
PHILIP MORRIS INTL INC COM COM 718172109 $ 890.00 10,042 Sole None Sole
PRESIDENTIAL LIFE CORP COM COM 740884101 $ 460.00 40,274 Sole None Sole
PROCTER & GAMBLE CO COM COM 742718109 $ 2,223.00 33,081 Sole None Sole
PROGRESS ENERGY INC COM 743263105 $ 392.00 7,375 Sole None Sole
PROGRESSIVE CORP OHIO COM COM 743315103 $ 808.00 34,864 Sole None Sole
QUALCOMM INC COM 747525103 $ 459.00 6,740 Sole None Sole
RCM TECHNOLOGIES INC COM NEW COM 749360400 $ 114.00 20,475 Sole None Sole
RAYTHEON CO COM NEW COM 755111507 $ 681.00 12,900 Sole None Sole
RIMAGE CORP COM COM 766721104 $ 282.00 28,219 Sole None Sole
ROUSE PPTYS INC COM COM 779287101 $ 406.00 30,000 Sole None Sole
RUSH ENTERPRISES INC CL B COM 781846308 $ 5,324.00 306,173 Sole None Sole
SAFEGUARD SCIENTIFICS COM COM 786449207 $ 516.00 30,000 Sole None Sole
SANFILLIPPO JOHN B SON COM COM 800422107 $ 466.00 37,398 Sole None Sole
SAVANNAH BANCORP INC COM COM 804748101 $ 126.00 24,330 Sole None Sole
SCHLUMBERGER LTD COM 806857108 $ 645.00 9,224 Sole None Sole
SPECTRA ENERGY CORP COM COM 847560109 $ 864.00 27,387 Sole None Sole
STANLEY FURNITURE INC COM NEW COM 854305208 $ 426.00 88,766 Sole None Sole
STATE AUTO FINL CORP COM COM 855707105 $ 519.00 35,500 Sole None Sole
STRATEGIC GLOBAL INCOME COM 862719101 $ 983.00 92,000 Sole None Sole
STRYKER CORP COM COM 863667101 $ 290.00 5,220 Sole None Sole
SUPERVALU INC COM COM 868536103 $ 183.00 32,000 Sole None Sole
SURMODICS INC COM COM 868873100 $ 169.00 11,000 Sole None Sole
SYSCO CORP COM 871829107 $ 1,267.00 42,426 Sole None Sole
TEXAS INSTRS INC COM COM 882508104 $ 1,256.00 37,382 Sole None Sole
THERAGENICS CORP COM COM 883375107 $ 814.00 442,228 Sole None Sole
TIME WARNER INC COM COM 887317303 $ 1,668.00 44,175 Sole None Sole
TRIDENT MICROSYSTEMS INC COM COM 895919108 $ 56.00 170,201 Sole None Sole
TRIO TECH INTL COM NEW COM 896712205 $ 50.00 23,227 Sole None Sole
TRUSTCO BK CORP N Y COM COM 898349105 $ 124.00 21,800 Sole None Sole
UNITED CONTL HLDGS INC COM COM 910047109 $ 215.00 10,000 Sole None Sole
UNITED PARCEL SVC INC CL B COM 911312106 $ 306.00 3,796 Sole None Sole
VANDA PHARMACEUTICALS COM COM 921659108 $ 122.00 25,400 Sole None Sole
VICON INDS INC COM COM 925811101 $ 91.00 27,950 Sole None Sole
WUXI PHARMATECH CAYMAN SPONS A COM 929352102 $ 297.00 20,600 Sole None Sole
WAL-MART STORES INC COM 931142103 $ 1,240.00 20,260 Sole None Sole
WALGREEN COMPANY COM 931422109 $ 512.00 15,300 Sole None Sole
WELLS FARGO & CO-NEW COM 949746101 $ 1,731.00 50,715 Sole None Sole
WHIRLPOOL CORP COM COM 963320106 $ 763.00 9,921 Sole None Sole
XEROX CORP COM COM 984121103 $ 1,388.00 171,880 Sole None Sole
ZOLL MED CORP COM COM 989922109 $ 926.00 10,000 Sole None Sole
ABB LTD SPONSORED ADR COM 000375204 $ 522.00 25,600 Sole None Sole
AMAG PHARMACEUTICALS COM COM 00163u106 $ 478.00 30,000 Sole None Sole
AT&T INC COM COM 00206R102 $ 2,477.00 79,329 Sole None Sole
AXT INC COM COM 00246w103 $ 444.00 70,000 Sole None Sole
ABBOTT LABS COM COM 002824100 $ 3,385.00 55,227 Sole None Sole
ACCELRYS INC COM COM 00430u103 $ 309.00 38,714 Sole None Sole
ACTIVE POWER INC COM COM 00504W100 $ 82.00 105,000 Sole None Sole
ADVENTX PHARM INC COM NEW COM 00764x202 $ 638.00 924,086 Sole None Sole
ALBANY MOLECULAR RESEARCH INC COM 012423109 $ 1,348.00 499,300 Sole None Sole
ALLIANCE BANKSHARES CP COM COM 018535104 $ 179.00 44,200 Sole None Sole
ALLIANCEBERNSTEIN HOLDING LIMI COM 01881G106 $ 709.00 45,450 Sole None Sole
ALLSTATE CORP COM COM 020002101 $ 691.00 20,979 Sole None Sole
AMERICAN EXPRESS CO COM COM 025816109 $ 503.00 8,700 Sole None Sole
AMERISOURCEBERGEN CORP COM COM 03073e105 $ 278.00 7,000 Sole None Sole
AMERISERV FINL INC COM COM 03074a102 $ 27.00 10,000 Sole None Sole
AMERIPRISE FINL INC COM COM 03076c106 $ 457.00 8,000 Sole None Sole
AMGEN INC COM 031162100 $ 961.00 14,140 Sole None Sole
AMTECH SYS INC COM PAR $0.01N COM 032332504 $ 192.00 23,000 Sole None Sole
ANADARKO PETE CORP COM COM 032511107 $ 450.00 5,750 Sole None Sole
APACHE CORP COM 037411105 $ 1,009.00 10,050 Sole None Sole
APPLE COMPUTER INC COM 037833100 $ 1,042.00 1,738 Sole None Sole
APPLIED MATERIALS INC COM COM 038222105 $ 1,077.00 86,516 Sole None Sole
ARCHER DANIELS MIDLAND COM COM 039483102 $ 608.00 19,200 Sole None Sole
ASTEX PHARMACEUTICALS COM COM 04624b103 $ 46.00 25,000 Sole None Sole
AUTHENTEC INC COM COM 052660107 $ 690.00 218,500 Sole None Sole
AVIAT NETWORKS INC COM COM 05366y102 $ 670.00 237,748 Sole None Sole
AXCELIS TECHNOLOGIES INC COM COM 054540109 $ 777.00 451,500 Sole None Sole
BB&T CORP COM COM 054937107 $ 345.00 11,000 Sole None Sole
BTU INTL INC COM COM 056032105 $ 282.00 91,130 Sole None Sole
BANK OF AMERICA CORP COM COM 060505104 $ 210.00 21,971 Sole None Sole
BANK OF NEW YORK MELLON CORP COM 064058100 $ 883.00 36,612 Sole None Sole
BAXTER INTERNATIONAL INC COM 071813109 $ 509.00 8,510 Sole None Sole
BEAM INC COM COM 073730103 $ 293.00 5,000 Sole None Sole
BENIHANA INC COM COM 082047101 $ 202.00 15,504 Sole None Sole
BERKSHIRE HATHAWAY INC CL B NE COM 084670702 $ 2,715.00 33,462 Sole None Sole
CHINA KANGHUI HLDGS SPONSORED COM 16890v100 $ 199.00 10,466 Sole None Sole
CISCO SYS INC COM COM 17275R102 $ 1,826.00 86,347 Sole None Sole
CONMED HEALTHCARE MGMT COM COM 20741m103 $ 927.00 270,200 Sole None Sole
CONOCOPHILLIPS COM COM 20825C104 $ 2,160.00 28,418 Sole None Sole
CONVIO INC COM COM 21257w105 $ 464.00 30,000 Sole None Sole
DIGITAL ALLY INC COM COM 25382p109 $ 133.00 173,100 Sole None Sole
EXELON CORP COM COM 30161n101 $ 238.00 6,061 Sole None Sole
EXXON MOBIL CORP COM 30231g102 $ 1,792.00 20,657 Sole None Sole
FBR CAPITAL MKTS CORP COM COM 30247c301 $ 239.00 93,100 Sole None Sole
GOOGLE INC CL A COM 38259p508 $ 1,363.00 2,125 Sole None Sole
HESKA CORP COM RESTRC NEW COM 42805e306 $ 251.00 22,070 Sole None Sole
IVAX DIAGNOSTICS INC COM COM 45070w109 $ 29.00 44,435 Sole None Sole
IMATION CORP COM COM 45245a107 $ 693.00 111,958 Sole None Sole
INSTEEL INDUSTRIES INC COM COM 45774w108 $ 134.00 11,000 Sole None Sole
ITERIS INC COM COM 46564t107 $ 277.00 186,004 Sole None Sole
JP MORGAN CHASE & CO COM COM 46625H100 $ 3,226.00 70,168 Sole None Sole
JANUS CAP GROUP INC COM COM 47102x105 $ 579.00 65,000 Sole None Sole
KRAFT FOODS INC CL A COM 50075n104 $ 1,539.00 40,500 Sole None Sole
LAKES ENTMNT INC COM COM 51206p109 $ 267.00 148,590 Sole None Sole
MEDICAL ACTION IND INC COM COM 58449l100 $ 416.00 72,730 Sole None Sole
MERCK & CO INC COM 58933y105 $ 895.00 23,319 Sole None Sole
MOSAIC CO COM COM 61945c103 $ 376.00 6,800 Sole None Sole
NEUTRAL TANDEM INC INTELIQUENT COM 64128b108 $ 280.00 23,000 Sole None Sole
OPNEXT INC COM COM 68375v105 $ 77.00 50,000 Sole None Sole
ORCHID CELLMARK INC COM COM 68573c107 $ 1,316.00 470,000 Sole None Sole
PPL CORP COM COM 69351t106 $ 554.00 19,600 Sole None Sole
PENDRELL CORP COM COM 70686r104 $ 120.00 46,000 Sole None Sole
PERCEPTRON INC COM 71361f100 $ 205.00 35,025 Sole None Sole
PERFUMANIA HLDGS INC COM NEW COM 71376c100 $ 204.00 22,000 Sole None Sole
PRO-DEX INC COLO COM NEW COM 74265m205 $ 30.00 12,200 Sole None Sole
QUALSTAR CORP COM COM 74758r109 $ 28.00 14,500 Sole None Sole
RTI BIOLOGICS INC COM COM 74975n105 $ 276.00 74,500 Sole None Sole
RODMAN & RENSHAW CAP COM COM 77487r100 $ 113.00 108,000 Sole None Sole
SILICON IMAGE INC COM COM 82705t102 $ 107.00 18,200 Sole None Sole
SILICON GRAPHICS INTL COM COM 82706l108 $ 136.00 14,000 Sole None Sole
SIRIUS XM RADIO INC COM 82967n108 $ 28.00 12,000 Sole None Sole
SPROTT PHYSICAL GOLD UNIT COM 85207h104 $ 2,276.00 157,603 Sole None Sole
TARGACEPT INC COM COM 87611r306 $ 333.00 65,000 Sole None Sole
TRANSCEPT PHARMACEUTIC COM COM 89354m106 $ 105.00 10,000 Sole None Sole
VAALCO ENERGY INC COM NEW COM 91851c201 $ 548.00 58,000 Sole None Sole
VERIZON COMMUNICATIONS INC COM COM 92343V104 $ 2,510.00 65,665 Sole None Sole
WPCS INTL INC COM NEW COM 92931l203 $ 202.00 159,275 Sole None Sole
XYLEM INC COM COM 98419m100 $ 207.00 7,450 Sole None Sole
ZOLTEK COS INC COM COM 98975w104 $ 136.00 12,000 Sole None Sole
BLUEPHOENIX SOLUTIONS LTD FGN COM m20157117 $ 47.00 29,750 Sole None Sole
RADVISION LTD ORD COM m81869105 $ 179.00 15,250 Sole None Sole
SYNERON MEDICAL LTD ORD SHS COM m87245102 $ 255.00 23,821 Sole None Sole
EUROSEAS LTD COM NEW COM y23592200 $ 182.00 79,845 Sole None Sole
STEALTHGAS INC SHS COM y81669106 $ 147.00 25,000 Sole None Sole
BOULDER GROWTH & INC COM CLSD FD 101507101 $ 376.00 60,000 Sole None Sole
BOULDER TOTAL RETURN COM CLSD FD 101541100 $ 641.00 37,600 Sole None Sole
CENTRAL FD CDA LTD CL A CLSD FD 153501101 $ 3,121.00 142,230 Sole None Sole
JAPAN EQUITY FD INC COM CLSD FD 471057109 $ 156.00 27,500 Sole None Sole
MFS MULTIMARKET INCOME CLSD FD 552737108 $ 335.00 48,000 Sole None Sole
MADISON CLAYMORE CVRD COM CLSD FD 556582104 $ 2,171.00 262,505 Sole None Sole
NEW IRELAND FUND INC COM CLSD FD 645673104 $ 89.00 11,000 Sole None Sole
NUVEEN OHIO QLTY INCM COM CLSD FD 670980101 $ 203.00 11,669 Sole None Sole
PETROLEUM & RES CORP COM CLSD FD 716549100 $ 529.00 20,359 Sole None Sole
PUTNAM PREMIER INCM TR SH BEN CLSD FD 746853100 $ 904.00 164,000 Sole None Sole
PUTNAM MASTR INTR INCM SH BEN CLSD FD 746909100 $ 77.00 15,000 Sole None Sole
SWISS HELVETIA FD INC COM CLSD FD 870875101 $ 314.00 28,027 Sole None Sole
TRI CONTL CORP COM CLSD FD 895436103 $ 2,730.00 171,500 Sole None Sole
ZWEIG TOTAL RETURN FD COM CLSD FD 989837109 $ 449.00 140,201 Sole None Sole
ADAMS EXPRESS CO COM CLSD FD 006212104 $ 2,411.00 219,601 Sole None Sole
ALLIANCEBERNSTEIN GBL COM CLSD FD 01879r106 $ 204.00 13,613 Sole None Sole
ALPINE TTL DYNAMIC DVD COM SBI CLSD FD 021060108 $ 213.00 45,000 Sole None Sole
ASIA PAC FD INC COM CLSD FD 044901106 $ 216.00 20,420 Sole None Sole
CLOUGH GLOBAL OPPORTUNITIES FD CLSD FD 18914E106 $ 350.00 29,700 Sole None Sole
EATON VANCE TAX MNG GB COM CLSD FD 27829f108 $ 356.00 40,000 Sole None Sole
EATON VANCE RSK MNG DV COM CLSD FD 27829g106 $ 2,830.00 267,200 Sole None Sole
GABELLI DIVD & INCM TR COM CLSD FD 36242h104 $ 521.00 31,800 Sole None Sole
JOHN HANCOCK PREMIUM DIVIDEND CLSD FD 41013t105 $ 202.00 15,000 Sole None Sole
MFS INTERMEDIATE INCOME CLSD FD 55273c107 $ 211.00 33,020 Sole None Sole
NEUBERGER BERMAN RE COM CLSD FD 64190a103 $ 210.00 49,000 Sole None Sole
NUVEEN CORE EQTY ALPHA COM CLSD FD 67090x107 $ 138.00 10,000 Sole None Sole
ROYCE FOCUS TR COM CLSD FD 78080n108 $ 174.00 25,000 Sole None Sole
SPECIAL OPPORTUNITIES FD INC C CLSD FD 84741t104 $ 2,486.00 154,784 Sole None Sole
WESTN ASSET CLAYMOR US COM SH CLSD FD 95766q106 $ 382.00 30,000 Sole None Sole
WESTERN ASSET CLAYMORE INFLATI CLSD FD 95766r104 $ 1,413.00 110,466 Sole None Sole
ROYAL DUTCH SHELL PLC SPON ADR ADUS 780259107 $ 1,487.00 21,050 Sole None Sole
ROYAL DUTCH SHELL PLC SPONS AD ADUS 780259206 $ 884.00 12,599 Sole None Sole
BAIDU COM INC SPON ADR REP A ADUS 056752108 $ 277.00 1,900 Sole None Sole
CHINA LODG GROUP LTD SPONSORED ADUS 16949N109 $ 187.00 16,000 Sole None Sole
NATUZZI S P A ADR ADUS 63905a101 $ 403.00 149,272 Sole None Sole
PERFECT WORLD CO LTD SPON ADR ADUS 71372u104 $ 324.00 20,000 Sole None Sole
PHOENIX NEW MEDIA LTD SPONSORE ADUS 71910C103 $ 147.00 20,000 Sole None Sole
VALE S A ADR ADUS 91912e105 $ 233.00 10,000 Sole None Sole
VODAFONE GROUP PLC NEW SPONS A ADUS 92857w209 $ 280.00 10,124 Sole None Sole
ISHARES INC MSCI CDA INDEX INDX FD 464286509 $ 419.00 14,772 Sole None Sole
ISHARES INC EM MKT MIN VOL INDX FD 464286533 $ 292.00 5,160 Sole None Sole
ISHARES INC MSCI SWITZERLD INDX FD 464286749 $ 249.00 9,960 Sole None Sole
ISHARES TR S&P 500 INDEX INDX FD 464287200 $ 1,658.00 11,743 Sole None Sole
ISHARES TR MSCI EMERG MKT INDX FD 464287234 $ 480.00 11,177 Sole None Sole
ISHARES TR 1-3 YR TRS BD INDX FD 464287457 $ 253.00 3,000 Sole None Sole
ISHARES TR MSCI EAFE IDX INDX FD 464287465 $ 2,238.00 40,777 Sole None Sole
ISHARES TR RUSSELL MIDCAP INDX FD 464287499 $ 257.00 2,320 Sole None Sole
ISHARES TR S&P MIDCAP 400 INDX FD 464287507 $ 6,577.00 66,282 Sole None Sole
ISHARES TR NASDQ BIO INDX INDX FD 464287556 $ 224.00 1,815 Sole None Sole
ISHARES RUSSELL 1000 VALUE IND INDX FD 464287598 $ 726.00 10,354 Sole None Sole
ISHARES TR RUSSELL1000GRW INDX FD 464287614 $ 432.00 6,532 Sole None Sole
ISHARES TR RUSSELL 2000 INDX FD 464287655 $ 206.00 2,482 Sole None Sole
ISHARES TR HIGH YLD CORP INDX FD 464288513 $ 299.00 3,297 Sole None Sole
ISHARES TR US PFD STK IDX INDX FD 464288687 $ 250.00 6,394 Sole None Sole
MORGAN STANLEY CHINA A SHRS FD INDX FD 617468103 $ 196.00 10,000 Sole None Sole
REVENUESHARES ETF TR SMALL CAP INDX FD 761396308 $ 2,727.00 75,039 Sole None Sole
SWEDISH EXPT CR CORP ROG ARGI INDX FD 870297603 $ 354.00 38,775 Sole None Sole
ROGERS INTL COMMODITY INDEX ET INDX FD 870297801 $ 4,219.00 471,585 Sole None Sole
UNITED STS COMM IDX FD COMM ID INDX FD 911717106 $ 876.00 14,284 Sole None Sole
VANGUARD SPECIALIZED DIV APP E INDX FD 921908844 $ 4,504.00 76,918 Sole None Sole
VANGUARD WORLD FD MEGA CAP IND INDX FD 921910873 $ 5,848.00 121,203 Sole None Sole
VANGUARD BD INDEX FD INTERMED INDX FD 921937819 $ 224.00 2,580 Sole None Sole
VANGUARD BD INDEX FD SHORT TRM INDX FD 921937827 $ 5,813.00 71,823 Sole None Sole
VANGUARD INTL EQTY IDX GLB EX INDX FD 922042676 $ 277.00 5,892 Sole None Sole
VANGUARD INTL EQTY IDX FTSE SM INDX FD 922042718 $ 1,638.00 18,409 Sole None Sole
VANGUARD INTL EQTY IDX ALLWRLD INDX FD 922042775 $ 10,863.00 245,667 Sole None Sole
VANGUARD INTL EQTY IDX EMR MKT INDX FD 922042858 $ 13,978.00 321,554 Sole None Sole
VANGUARD INDEX FDS S&P 500 ETF INDX FD 922908413 $ 6,742.00 104,742 Sole None Sole
VANGUARD INDEX FDS MCAP VL IDX INDX FD 922908512 $ 5,246.00 91,305 Sole None Sole
VANGUARD INDEX FDS MCAP GR IDX INDX FD 922908538 $ 213.00 3,087 Sole None Sole
VANGUARD INDEX FDS REIT ETF INDX FD 922908553 $ 8,217.00 129,096 Sole None Sole
VANGUARD INDEX FDS SM CP VAL E INDX FD 922908611 $ 5,205.00 73,949 Sole None Sole
VANGUARD INDEX FDS EXTEND MKT INDX FD 922908652 $ 3,360.00 56,630 Sole None Sole
VANGUARD INDEX FDS SMALL CP ET INDX FD 922908751 $ 2,506.00 31,838 Sole None Sole
ALPS ETF TR ALERIAN MLP INDX FD 00162q866 $ 511.00 30,729 Sole None Sole
BLDRS INDEX FDS TR DEV MK 100 INDX FD 09348r201 $ 312.00 15,316 Sole None Sole
BLDRS INDEX FDS TR EMER MK 50 INDX FD 09348r300 $ 4,132.00 97,858 Sole None Sole
GUGGENHEIM MULTI ASSET INCOME INDX FD 18383m506 $ 5,671.00 259,521 Sole None Sole
CLAYMORE EXCHANGE GUG INTL MLT INDX FD 18383q804 $ 324.00 18,351 Sole None Sole
CREDIT SUISSE NASSAU B ETN LKD INDX FD 22542d852 $ 1,298.00 52,660 Sole None Sole
FIRST TR EXCH TRD FD AMEX BIOT INDX FD 33733e203 $ 1,034.00 24,465 Sole None Sole
INDEXIQ ETF TR IQ ARB GLB RES INDX FD 45409b883 $ 2,136.00 73,394 Sole None Sole
ISHARES SILVER TRUST ISHARES INDX FD 46428q109 $ 655.00 20,860 Sole None Sole
ISHARES TR EAFE MIN VOLAT INDX FD 46429b689 $ 388.00 7,391 Sole None Sole
JPMORGAN CHASE & CO ALERIAN ML INDX FD 46625h365 $ 1,070.00 27,330 Sole None Sole
JAPAN SMALLER CAPTLZTN COM INDX FD 47109u104 $ 313.00 40,024 Sole None Sole
MARKET VECTORS ETF TR AGRIBUS INDX FD 57060u605 $ 1,948.00 36,873 Sole None Sole
MARKET VECTORS ETF TR RVE HARD INDX FD 57060u795 $ 854.00 23,407 Sole None Sole
DB COMMODITY INDX FUND UNIT BE INDX FD 73935s105 $ 240.00 8,338 Sole None Sole
POWERSHARES EXCHANGE TRADED FD INDX FD 73935x104 $ 1,231.00 26,391 Sole None Sole
POWERSHARES ETF TRUST HI YLD E INDX FD 73935x302 $ 282.00 29,947 Sole None Sole
POWERSHARES ETF TRUST FTSE RAF INDX FD 73935x583 $ 4,782.00 79,035 Sole None Sole
POWERSHARES ETF TR II SENIOR L INDX FD 73936q769 $ 457.00 18,610 Sole None Sole
POWERSHARES ETF TR II INTL COR INDX FD 73936q835 $ 524.00 18,809 Sole None Sole
POWERSHS GBL ETF TRUST EX US S INDX FD 73936t771 $ 477.00 21,193 Sole None Sole
POWERSHS GBL ETF TRUST DEV MKT INDX FD 73936t789 $ 2,406.00 67,162 Sole None Sole
POWERSHARES ETF TR II S&P500 L INDX FD 73937b779 $ 592.00 22,101 Sole None Sole
PROSHARES TR SHORT RUSS2000 INDX FD 74347r826 $ 430.00 16,500 Sole None Sole
PROSHARES TR SHRT 20+YR TRE INDX FD 74347x849 $ 445.00 13,400 Sole None Sole
STANDARD & POORS DEPOSITARY RE INDX FD 78462f103 $ 2,345.00 16,652 Sole None Sole
STREETTRACKS GOLD TR GOLD SHS INDX FD 78463v107 $ 2,974.00 18,347 Sole None Sole
SPDR INDEX SHS FDS DJ GLB RL E INDX FD 78463x749 $ 5,238.00 133,831 Sole None Sole
SELECT SECTOR SPDR TR SBI MATE INDX FD 81369y100 $ 282.00 7,628 Sole None Sole
SELECT SECTOR SPDR TR SBI CONS INDX FD 81369y308 $ 377.00 11,052 Sole None Sole
VANGUARD WORLD FDS ENERGY ETF INDX FD 92204a306 $ 4,167.00 39,622 Sole None Sole
VANGUARD WORLD FDS MATERIALS E INDX FD 92204a801 $ 5,228.00 63,592 Sole None Sole
VANGUARD WORLD FDS UTILITIES E INDX FD 92204a876 $ 203.00 2,715 Sole None Sole
VANGUARD SCOTTSDALE FD SHRT-TE INDX FD 92206c409 $ 847.00 10,712 Sole None Sole
WISDOMTREE TRUST EMG MKTS SMCA INDX FD 97717w281 $ 1,472.00 30,594 Sole None Sole
WISDOMTREE TRUST LARGECAP DIVI INDX FD 97717w307 $ 426.00 8,036 Sole None Sole
WISDOMTREE TRUST EMRG MKT HGHY INDX FD 97717w315 $ 673.00 11,679 Sole None Sole
WISDOMTREE TRUST DIV EX-FINL F INDX FD 97717w406 $ 296.00 5,400 Sole None Sole
WISDOMTREE TRUST MIDCAP DIVI F INDX FD 97717w505 $ 499.00 8,868 Sole None Sole
WISDOMTREE TRUST DEFA FD INDX FD 97717w703 $ 240.00 5,354 Sole None Sole
WISDOMTREE TRUST DEFA EQT INC INDX FD 97717w802 $ 215.00 5,524 Sole None Sole
WISDOMTREE TR EM LCL DEBT FD INDX FD 97717x867 $ 931.00 17,938 Sole None Sole
CHESAPEAKE ENERGY CORP PFD D 4 CV PFD 165167842 $ 276.00 3,000 Sole None Sole
ENTERPRISE PRODS PARTN COM LP 293792107 $ 802.00 15,892 Sole None Sole
KINDER MORGAN ENERGY PARTNERS LP 494550106 $ 939.00 11,350 Sole None Sole
ENERGY TRANSFER EQUITY COM UT LP 29273v100 $ 202.00 5,022 Sole None Sole
CELGENE CORP CONTIN VAL RT RT 151020112 $ 37.00 19,200 Sole None Sole
SANOFI CONTGNT VAL RT RT 80105n113 $ 81.00 60,014 Sole None Sole
GUGGENHEIM MULTI ASSET INCOME INDX FD 18383m506 $ 4,688.00 229,255 Sole None Sole
INDEXIQ ETF TR IQ ARB GLB RES INDX FD 45409b883 $ 2,063.00 73,617 Sole None Sole
ISHARES INC MSCI CDA INDEX INDX FD 464286509 $ 395.00 14,839 Sole None Sole
ISHARES INC MSCI SWITZERLD INDX FD 464286749 $ 228.00 10,070 Sole None Sole
ISHARES RUSSELL 1000 VALUE IND INDX FD 464287598 $ 685.00 10,790 Sole None Sole
ISHARES SILVER TRUST ISHARES INDX FD 46428q109 $ 544.00 20,198 Sole None Sole
ISHARES TR 1-3 YR TRS BD INDX FD 464287457 $ 253.00 3,000 Sole None Sole
ISHARES TR EAFE MIN VOLAT INDX FD 46429b689 $ 325.00 6,467 Sole None Sole
ISHARES TR HIGH YLD CORP INDX FD 464288513 $ 271.00 3,029 Sole None Sole
ISHARES TR MSCI EAFE IDX INDX FD 464287465 $ 2,020.00 40,777 Sole None Sole
ISHARES TR MSCI EMERG MKT INDX FD 464287234 $ 444.00 11,690 Sole None Sole
ISHARES TR RUSSELL MIDCAP INDX FD 464287499 $ 228.00 2,320 Sole None Sole
ISHARES TR RUSSELL1000GRW INDX FD 464287614 $ 405.00 7,002 Sole None Sole
ISHARES TR S&P 500 INDEX INDX FD 464287200 $ 1,442.00 11,445 Sole None Sole
ISHARES TR S&P MIDCAP 400 INDX FD 464287507 $ 4,566.00 52,120 Sole None Sole
ISHARES TR US PFD STK IDX INDX FD 464288687 $ 205.00 5,752 Sole None Sole
JAPAN SMALLER CAPTLZTN COM INDX FD 47109u104 $ 287.00 40,024 Sole None Sole
JPMORGAN CHASE & CO ALERIAN ML INDX FD 46625h365 $ 658.00 16,876 Sole None Sole
MARKET VECTORS ETF TR AGRIBUS INDX FD 57060u605 $ 1,167.00 24,744 Sole None Sole
MARKET VECTORS ETF TR RVE HARD INDX FD 57060u795 $ 796.00 23,607 Sole None Sole
MORGAN STANLEY CHINA A SHRS FD INDX FD 617468103 $ 193.00 10,000 Sole None Sole
POWERSHARES ETF TR II INTL COR INDX FD 73936q835 $ 487.00 18,409 Sole None Sole
POWERSHARES ETF TR II S&P500 L INDX FD 73937b779 $ 549.00 21,177 Sole None Sole
POWERSHARES ETF TR II SENIOR L INDX FD 73936q769 $ 279.00 11,703 Sole None Sole
POWERSHARES ETF TRUST FTSE RAF INDX FD 73935x583 $ 2,812.00 51,520 Sole None Sole
POWERSHARES ETF TRUST HI YLD E INDX FD 73935x302 $ 277.00 29,947 Sole None Sole
POWERSHARES EXCHANGE TRADED FD INDX FD 73935x104 $ 1,083.00 26,391 Sole None Sole
POWERSHS GBL ETF TRUST DEV MKT INDX FD 73936t789 $ 1,182.00 36,752 Sole None Sole
POWERSHS GBL ETF TRUST EX US S INDX FD 73936t771 $ 436.00 21,193 Sole None Sole
PROSHARES TR PSHS SH MSCI EAF INDX FD 74347r370 $ 592.00 11,500 Sole None Sole
PROSHARES TR SHRT 20+YR TRE INDX FD 74347x849 $ 324.00 10,400 Sole None Sole
REVENUESHARES ETF TR SMALL CAP INDX FD 761396308 $ 2,125.00 66,262 Sole None Sole
ROGERS INTL COMMODITY INDEX ET INDX FD 870297801 $ 2,203.00 258,839 Sole None Sole
SELECT SECTOR SPDR TR SBI CONS INDX FD 81369y308 $ 359.00 11,052 Sole None Sole
SELECT SECTOR SPDR TR SBI MATE INDX FD 81369y100 $ 256.00 7,628 Sole None Sole
SPDR INDEX SHS FDS DJ GLB RL E INDX FD 78463x749 $ 3,128.00 89,644 Sole None Sole
STANDARD & POORS DEPOSITARY RE INDX FD 78462f103 $ 3,282.00 26,152 Sole None Sole
STREETTRACKS GOLD TR GOLD SHS INDX FD 78463v107 $ 2,894.00 19,038 Sole None Sole
SWEDISH EXPT CR CORP ROG ARGI INDX FD 870297603 $ 347.00 38,775 Sole None Sole
UNITED STS COMM IDX FD COMM ID INDX FD 911717106 $ 869.00 14,883 Sole None Sole
VANGUARD BD INDEX FD INTERMED INDX FD 921937819 $ 224.00 2,580 Sole None Sole
VANGUARD BD INDEX FD SHORT TRM INDX FD 921937827 $ 3,800.00 47,006 Sole None Sole
VANGUARD INDEX FDS EXTEND MKT INDX FD 922908652 $ 1,836.00 35,423 Sole None Sole
VANGUARD INDEX FDS MCAP VL IDX INDX FD 922908512 $ 4,727.00 91,493 Sole None Sole
VANGUARD INDEX FDS REIT ETF INDX FD 922908553 $ 7,057.00 121,668 Sole None Sole
VANGUARD INDEX FDS S&P 500 ETF INDX FD 922908413 $ 3,739.00 65,076 Sole None Sole
VANGUARD INDEX FDS SM CP VAL E INDX FD 922908611 $ 4,471.00 71,349 Sole None Sole
VANGUARD INDEX FDS SMALL CP ET INDX FD 922908751 $ 1,636.00 23,476 Sole None Sole
VANGUARD INTL EQTY IDX ALLWRLD INDX FD 922042775 $ 7,952.00 200,559 Sole None Sole
VANGUARD INTL EQTY IDX EMR MKT INDX FD 922042858 $ 11,312.00 296,053 Sole None Sole
VANGUARD INTL EQTY IDX FTSE SM INDX FD 922042718 $ 825.00 10,640 Sole None Sole
VANGUARD INTL EQTY IDX GLB EX INDX FD 922042676 $ 232.00 5,692 Sole None Sole
VANGUARD SCOTTSDALE FD SHRT-TE INDX FD 92206c409 $ 927.00 11,912 Sole None Sole
VANGUARD SPECIALIZED DIV APP E INDX FD 921908844 $ 4,204.00 76,918 Sole None Sole
VANGUARD WORLD FD MEGA CAP IND INDX FD 921910873 $ 5,185.00 120,565 Sole None Sole
VANGUARD WORLD FDS ENERGY ETF INDX FD 92204a306 $ 3,008.00 29,841 Sole None Sole
VANGUARD WORLD FDS MATERIALS E INDX FD 92204a801 $ 3,743.00 51,183 Sole None Sole
VANGUARD WORLD FDS UTILITIES E INDX FD 92204a876 $ 201.00 2,615 Sole None Sole
WISDOMTREE TR EM LCL DEBT FD INDX FD 97717x867 $ 867.00 17,818 Sole None Sole
WISDOMTREE TRUST DEFA EQT INC INDX FD 97717w802 $ 202.00 5,524 Sole None Sole
WISDOMTREE TRUST DEFA FD INDX FD 97717w703 $ 215.00 5,254 Sole None Sole
WISDOMTREE TRUST DIV EX-FINL F INDX FD 97717w406 $ 281.00 5,400 Sole None Sole
WISDOMTREE TRUST EMG MKTS SMCA INDX FD 97717w281 $ 856.00 20,718 Sole None Sole
WISDOMTREE TRUST EMRG MKT HGHY INDX FD 97717w315 $ 516.00 10,069 Sole None Sole
WISDOMTREE TRUST FUTRE STRAT F INDX FD 97717w125 $ 668.00 14,778 Sole None Sole
WISDOMTREE TRUST LARGECAP DIVI INDX FD 97717w307 $ 394.00 8,036 Sole None Sole
WISDOMTREE TRUST MIDCAP DIVI F INDX FD 97717w505 $ 310.00 5,963 Sole None Sole
ENTERPRISE PRODS PARTN COM LP 293792107 $ 947.00 20,411 Sole None Sole
KINDER MORGAN ENERGY PARTNERS LP 494550106 $ 1,111.00 13,075 Sole None Sole
CHESAPEAKE ENERGY CORP PFD D 4 CV PFD 165167842 $ 280.00 3,000 Sole None Sole
CELGENE CORP CONTIN VAL RT RT 151020112 $ 27.00 19,200 Sole None Sole
SANOFI CONTGNT VAL RT RT 80105N113 $ 81.00 60,014 Sole None Sole
$ 362,468.00