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
3M CO COM 88579Y101 759 4,600 SH   SOLE   4,600 0 0
ABBOTT LABS COM 002824100 269 5,800 SH   SOLE   5,800 0 0
ACADIA PHARMA COM 004225108 655 20,100 SH   SOLE   20,100 0 0
AFLAC INC COM 001055102 416 6,500 SH   SOLE   6,500 0 0
ANNALY CAPITAL COM 035710409 634 61,000 SH   SOLE   61,000 0 0
APPLE INC COM 037833100 286 2,300 SH   SOLE   2,300 0 0
APTARGROUP INC COM 038336103 711 11,200 SH   SOLE   11,200 0 0
BASF SE ADR COM 055262505 5,063 50,900 SH   SOLE   50,900 0 0
BIOCEPT INC COM 09072V105 301 134,300 SH   SOLE   134,300 0 0
BLACKSTONE GRP COM 09253U108 2,995 77,000 SH   SOLE   77,000 0 0
BRISTOL MYERS COM 110122108 258 4,000 SH   SOLE   4,000 0 0
BROOKFIELD RENEWABLE ENERGY PA COM G16258108 474 15,000 SH   SOLE   15,000 0 0
CALPIAN INC COM 13135X108 10 20,000 SH   SOLE   20,000 0 0
CARLYLE GRP LP COM 14309L102 358 13,200 SH   SOLE   13,200 0 0
CB RICH ELLIS GRP COM 12497T101 348 9,000 SH   SOLE   9,000 0 0
CECO ENVIRO COM 125141101 1,665 156,893 SH   SOLE   156,893 0 0
CELGENE CORP COM 151020104 7,920 68,700 SH   SOLE   68,700 0 0
CHENIERE PTNRS LP COM 16411W108 626 26,100 SH   SOLE   26,100 0 0
COMCAST CL A COM 20030N200 678 12,100 SH   SOLE   12,100 0 0
CONOCOPHILLIPS COM 20825C104 235 3,780 SH   SOLE   3,780 0 0
COSTCO WHLSALE COM 22160K105 6,469 42,700 SH   SOLE   42,700 0 0
CVS CORPORATION COM 585745102 1,725 16,711 SH   SOLE   16,711 0 0
ECOLAB INC COM 278865100 884 7,725 SH   SOLE   7,725 0 0
ENCANA CORP COM 292505104 246 22,050 SH   SOLE   22,050 0 0
ENERPLUS COM 292766102 430 42,384 SH   SOLE   42,384 0 0
ENTERPRISE PROD. COM 293792107 5,281 160,356 SH   SOLE   160,356 0 0
EXXON MOBIL CORP COM 302290101 214 2,515 SH   SOLE   2,515 0 0
FRANKLIN ST PROP COM 35471R106 756 59,000 SH   SOLE   59,000 0 0
GENERAL ELEC CO COM 369604103 483 19,480 SH   SOLE   19,480 0 0
GENERAL MOTORS COM 370442105 412 11,000 SH   SOLE   11,000 0 0
GENTHERM COM 03070L300 987 19,550 SH   SOLE   19,550 0 0
HEALTH CARE REIT COM 42217K106 1,553 20,080 SH   SOLE   20,080 0 0
ICICI BANK LTD ADR COM 45104G104 855 82,500 SH   SOLE   82,500 0 0
INTL FCSTONE INC COM 46116V105 714 24,000 SH   SOLE   24,000 0 0
JETBLUE AIRWAYS COM 477143101 2,827 146,850 SH   SOLE   146,850 0 0
JOHNSON&JOHNSON COM 478160104 397 3,950 SH   SOLE   3,950 0 0
KIMCO REALTY COM 49446R109 591 22,000 SH   SOLE   22,000 0 0
KKR & COMPANY LP COM 48248M102 240 10,500 SH   SOLE   10,500 0 0
LKQ CORPORATION COM 501889208 1,868 73,100 SH   SOLE   73,100 0 0
MEDIVATION INC COM 58501N101 229 1,775 SH   SOLE   1,775 0 0
MERRIMACK PHARM INC COM 590328100 1,078 90,700 SH   SOLE   90,700 0 0
MFA FINANCIAL COM 55272X102 173 22,000 SH   SOLE   22,000 0 0
MICRON TECH COM 595112103 974 35,900 SH   SOLE   35,900 0 0
NAVIENT CORP COM 63938C108 326 16,011 SH   SOLE   16,011 0 0
NORFOLK SOUTHERN COM 655844108 515 5,000 SH   SOLE   5,000 0 0
NOVABAY PHARMA COM 66987P102 98 142,000 SH   SOLE   142,000 0 0
NOVADAQ TECH COM 66987g102 4,071 250,700 SH   SOLE   250,700 0 0
NOVOZYMES ADR COM 670108109 548 12,000 SH   SOLE   12,000 0 0
OAKTREE CAPITAL COM 674001201 349 6,750 SH   SOLE   6,750 0 0
OHR PHARMA COM 67778H200 217 85,400 SH   SOLE   85,400 0 0
ON TRACK INNOV COM M8791A109 430 288,500 SH   SOLE   288,500 0 0
PEYTO EXPL & DEV COM 717046106 294 11,000 SH   SOLE   11,000 0 0
POWER EFFICIENCY COM 739268209 0 20,000 SH   SOLE   20,000 0 0
PRANA BIOTECH COM 739727105 122 109,342 SH   SOLE   109,342 0 0
QUALCOMM INC COM 747525103 2,209 31,855 SH   SOLE   31,855 0 0
QUESTAR CORP COM 748356102 549 23,000 SH   SOLE   23,000 0 0
RANGE RES CORP COM 75281A109 2,415 46,400 SH   SOLE   46,400 0 0
RAYTHEON CO COM 755111507 295 2,700 SH   SOLE   2,700 0 0
ROSS STORES COM 778296103 1,159 11,000 SH   SOLE   11,000 0 0
SENOMYX INC COM 81724Q107 183 41,500 SH   SOLE   41,500 0 0
SIGNATURE BANK NY COM 82669G104 259 2,000 SH   SOLE   2,000 0 0
SLM CORP COM 78442P106 176 19,011 SH   SOLE   19,011 0 0
SMITH A O COM 831865209 2,338 35,603 SH   SOLE   35,603 0 0
SOTHERLY HOTELS COM 83600C103 161 21,200 SH   SOLE   21,200 0 0
SPIRIT AIRLINES COM 848577102 495 6,400 SH   SOLE   6,400 0 0
SUNEDISON INC COM 86732Y109 967 40,300 SH   SOLE   40,300 0 0
SYSCO CORP COM 871829107 252 6,675 SH   SOLE   6,675 0 0
TELEFLEX INC COM 879369106 580 4,800 SH   SOLE   4,800 0 0
TERRAFORM POWER COM 88104R100 716 19,600 SH   SOLE   19,600 0 0
THERMO FISHER SCI COM 883556102 3,110 23,150 SH   SOLE   23,150 0 0
TIGERLOGIC CORP COM 8867EQ101 20 50,952 SH   SOLE   50,952 0 0
TJX COS INC COM 872540109 2,165 30,903 SH   SOLE   30,903 0 0
TYLER TECH COM 902252105 603 5,000 SH   SOLE   5,000 0 0
UNION PAC CORP COM 907818108 469 4,328 SH   SOLE   4,328 0 0
UNITED TECHS CORP COM 913017109 234 2,000 SH   SOLE   2,000 0 0
UNITEDHEALTH GR COM 91324P102 12,852 108,649 SH   SOLE   108,649 0 0
UTILICO EMERG MKTS COM G93115106 140 50,000 SH   SOLE   50,000 0 0
VMWARE INC CL A COM 928563402 1,952 23,800 SH   SOLE   23,800 0 0
VOLITIONRX LTD COM 928661107 64 15,500 SH   SOLE   15,500 0 0
WALMART COM 931142103 744 9,044 SH   SOLE   9,044 0 0
WESTERN REFIN INC COM 959319104 469 9,500 SH   SOLE   9,500 0 0
WILLIAMS COS COM 969457100 784 15,490 SH   SOLE   15,490 0 0
WOODWARD,INC COM 980745103 3,012 59,053 SH   SOLE   59,053 0 0
WORLD TRUST FD COM L98345108 131 32,540 SH   SOLE   32,540 0 0
COHEN & ST INFRASTRUCTURE COM 19248A109 288 12,683 SH   SOLE   12,683 0 0
NUVEEN R/E FUND COM 67071b108 280 23,500 SH   SOLE   23,500 0 0
iSHARES NASDAQ BIOTECH ETF NASDAQ BIOTEC ETF 464287556 1,233 3,591 SH   SOLE   3,591 0 0
COHEN & STEERS SELECT PFD & IN COM 19248Y107 964 36,351 SH   SOLE   36,351 0 0
ALLIANCE BERNSTEIN INC FD COM 01881E101 1,077 139,501 SH   SOLE   139,501 0 0
NUVEEN NY PERF PLUS MUNI FD COM 67062R104 191 13,000 SH   SOLE   13,000 0 0
PIMCO DYNAMIC CREDIT INCOME FD COM SHS 72202D106 398 19,500 SH   SOLE   19,500 0 0
SPDR BLACKSTONE/GSO SENIOR BLKSTN GSOSRLN 78467V608 434 8,800 SH   SOLE   8,800 0 0
BLACKROCK MUNIHLDGS NJ INS COM 09254x101 184 12,500 SH   SOLE   12,500 0 0
BLACKROCK MUNIHLDS FL INS COM 09254p108 144 10,000 SH   SOLE   10,000 0 0
BLACKROCK MUNIYLD NY INS FD COM 09255e102 552 41,248 SH   SOLE   41,248 0 0
BLACKROCK MUNIYLD QUALITY II COM 09254g108 268 20,000 SH   SOLE   20,000 0 0
NUVEEN INSURED FUND COM 670657105 346 25,000 SH   SOLE   25,000 0 0
NUVEEN INVMT QUALITY MUNI COM 67062e103 188 12,000 SH   SOLE   12,000 0 0