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 603 4,000 SH   SOLE   4,000 0 0
ABBOTT LABS COM 002824100 260 5,800 SH   SOLE   5,800 0 0
ACADIA PHARMA COM 004225108 2,225 62,400 SH   SOLE   62,400 0 0
AFLAC INC COM 001055102 329 5,500 SH   SOLE   5,500 0 0
APPLE INC COM 037833100 268 2,550 SH   SOLE   2,550 0 0
BASF SE ADR COM 055262505 3,592 47,250 SH   SOLE   47,250 0 0
BIOCEPT INC COM 09072V105 160 115,600 SH   SOLE   115,600 0 0
BLACKSTONE GRP COM 09253U108 2,307 78,900 SH   SOLE   78,900 0 0
BRISTOL MYERS COM 110122108 275 4,000 SH   SOLE   4,000 0 0
BROOKFIELD RENEWABLE ENERGY PA COM G16258108 393 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 342 21,900 SH   SOLE   21,900 0 0
CELGENE CORP COM 151020104 8,096 67,600 SH   SOLE   67,600 0 0
CHENIERE PTNRS LP COM 16411W108 442 25,400 SH   SOLE   25,400 0 0
COMCAST CL A COM 20030N101 683 12,100 SH   SOLE   12,100 0 0
COSTCO WHLSALE COM 22160K105 6,549 40,550 SH   SOLE   40,550 0 0
CVS CORPORATION COM 585745102 1,542 15,771 SH   SOLE   15,771 0 0
ECOLAB INC COM 278865100 884 7,725 SH   SOLE   7,725 0 0
ENCANA CORP COM 292505104 57 11,150 SH   SOLE   11,150 0 0
ENERPLUS COM 292766102 140 41,026 SH   SOLE   41,026 0 0
ENTERPRISE PROD. COM 293792107 3,985 155,781 SH   SOLE   155,781 0 0
FRANKLIN ST PROP COM 35471R106 373 36,000 SH   SOLE   36,000 0 0
GENERAL ELEC CO COM 369604103 607 19,480 SH   SOLE   19,480 0 0
GENTHERM COM 03070L300 685 14,450 SH   SOLE   14,450 0 0
IPG PHOTONICS COM 44980X109 1,721 19,300 SH   SOLE   19,300 0 0
JETBLUE AIRWAYS COM 477143101 3,285 145,050 SH   SOLE   145,050 0 0
JOHNSON&JOHNSON COM 478160104 406 3,950 SH   SOLE   3,950 0 0
KIMCO REALTY COM 49446R109 582 22,000 SH   SOLE   22,000 0 0
KKR & COMPANY LP COM 48248M102 187 12,000 SH   SOLE   12,000 0 0
LKQ CORPORATION COM 501889208 2,130 71,900 SH   SOLE   71,900 0 0
MERRIMACK PHARM COM 590328100 653 82,700 SH   SOLE   82,700 0 0
MFA FINANCIAL COM 55272X102 132 20,000 SH   SOLE   20,000 0 0
MICRON TECH COM 595112103 351 24,800 SH   SOLE   24,800 0 0
NAVIGATOR HLDGS COM Y62132108 1,241 90,900 SH   SOLE   90,900 0 0
NORFOLK SOUTHERN COM 655844108 211 2,500 SH   SOLE   2,500 0 0
NOVADAQ TECH COM 66987g102 2,449 192,200 SH   SOLE   192,200 0 0
NOVOZYMES ADR COM 670108109 721 15,100 SH   SOLE   15,100 0 0
OAKTREE CAPITAL COM 674001201 408 8,550 SH   SOLE   8,550 0 0
OHR PHARMA COM 67778H200 555 90,400 SH   SOLE   90,400 0 0
OLD DOMINION FRT COM 679580100 1,453 24,600 SH   SOLE   24,600 0 0
POWER EFFICIENCY COM 739268209 0 20,000 SH   SOLE   20,000 0 0
PRANA BIOTECH COM 739727105 72 99,342 SH   SOLE   99,342 0 0
QUALCOMM INC COM 747525103 915 18,313 SH   SOLE   18,313 0 0
QUESTAR CORP COM 748356102 448 23,000 SH   SOLE   23,000 0 0
RANGE RES CORP COM 75281A109 672 27,300 SH   SOLE   27,300 0 0
RAYTHEON CO COM 755111507 336 2,700 SH   SOLE   2,700 0 0
ROSS STORES COM 778296103 1,178 21,900 SH   SOLE   21,900 0 0
SENOMYX INC COM 81724Q107 156 41,500 SH   SOLE   41,500 0 0
SIGNATURE BANK NY COM 82669G104 307 2,000 SH   SOLE   2,000 0 0
SMITH A O COM 831865209 2,621 34,207 SH   SOLE   34,207 0 0
SOTHERLY HOTELS COM 83600C103 131 21,200 SH   SOLE   21,200 0 0
SPIRIT AIRLINES COM 848577102 530 13,300 SH   SOLE   13,300 0 0
SYSCO CORP COM 871829107 274 6,675 SH   SOLE   6,675 0 0
TELEFLEX INC COM 879369106 631 4,800 SH   SOLE   4,800 0 0
THERMO FISHER SCI COM 883556102 3,355 23,650 SH   SOLE   23,650 0 0
TIGERLOGIC CORP COM 8867EQ101 10 50,952 SH   SOLE   50,952 0 0
TJX COS INC COM 872540109 2,177 30,707 SH   SOLE   30,707 0 0
TYLER TECH COM 902252105 872 5,000 SH   SOLE   5,000 0 0
UNION PAC CORP COM 907818108 338 4,328 SH   SOLE   4,328 0 0
UNITEDHEALTH GR COM 91324P102 12,090 102,767 SH   SOLE   102,767 0 0
UTILICO EMERG MKTS COM G93115106 123 50,000 SH   SOLE   50,000 0 0
UTILICO EMERG MKTS LTD COM G93107137 2 10,000 SH   SOLE   10,000 0 0
VMWARE INC CL A COM 928563402 826 14,600 SH   SOLE   14,600 0 0
VOLITIONRX LTD COM 928661107 70 15,500 SH   SOLE   15,500 0 0
WALMART COM 931142103 493 8,044 SH   SOLE   8,044 0 0
WELLTOWER INC COM 95040Q104 1,463 21,505 SH   SOLE   21,505 0 0
WESTERN REFIN INC COM 959319104 534 15,000 SH   SOLE   15,000 0 0
WILLIAMS COS COM 969457100 372 14,490 SH   SOLE   14,490 0 0
WOODWARD,INC COM 980745103 2,709 54,553 SH   SOLE   54,553 0 0
WORLD TRUST FD COM L98345108 111 29,992 SH   SOLE   29,992 0 0
COHEN & ST INFRASTRUCTURE COM 19248A109 242 12,683 SH   SOLE   12,683 0 0
NUVEEN R/E FUND COM 67071b108 250 23,500 SH   SOLE   23,500 0 0
POWERSHARES FINANCIAL PFD FINL PFD PTFL 73935X229 819 43,500 SH   SOLE   43,500 0 0
COHEN & STEERS SELECT PFD & IN COM 19248Y107 903 36,251 SH   SOLE   36,251 0 0
SPDR BLACKSTONE/GSO SENIOR BLKSTN GSOSRLN 78467V608 397 8,600 SH   SOLE   8,600 0 0
BLACKROCK MUNIHLDGS NJ INS COM 09254x101 180 12,500 SH   SOLE   12,500 0 0
BLACKROCK MUNIHLDS FL INS COM 09254p108 145 10,000 SH   SOLE   10,000 0 0
BLACKROCK MUNIYLD NY INS FD COM 09255e102 454 33,600 SH   SOLE   33,600 0 0
BLACKROCK MUNIYLD QUALITY II COM 09254g108 266 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 154 10,000 SH   SOLE   10,000 0 0