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 4,203 29,965 SH   SOLE   29,065 0 900
ABERCROMBIE & FITCH CO CL A 002896207 2,511 76,300 SH   SOLE   74,600 0 1,700
ACXIOM CORP COM 005125109 1,076 29,100 SH   SOLE   29,100 0 0
AEGEAN MARINE PETROLEUM NETW SHS Y0017S102 2,778 247,622 SH   SOLE   247,622 0 0
AEGION CORP COM 00770F104 636 29,058 SH   SOLE   29,058 0 0
AERCAP HOLDINGS NV SHS N00985106 1,446 37,702 SH   SOLE   37,702 0 0
AES CORP COM 00130H105 1,179 51,267 SH   SOLE   51,267 0 0
AK STL HLDG CORP COM 001547108 1,004 122,493 SH   SOLE   115,708 0 6,785
AKORN INC NOTE 3.500% 6/0 009728AB2 24,798 8,724,000 PRN   SOLE   8,724,000 0 0
ALCOA INC PUT 013817951 20 20,000 SH   SOLE   20,000 0 0
ALLEGHENY TECHNOLOGIES INC COM 01741R102 2,757 77,371 SH   SOLE   74,221 0 3,150
ALLERGAN INC COM 018490102 255 2,300 SH   SOLE   2,300 0 0
ALLIANCE ONE INTL INC NOTE 5.500% 7/1 018772AQ6 1,483 1,460,000 PRN   SOLE   1,460,000 0 0
ALTRA INDL MOTION CORP COM 02208R106 1,276 37,279 SH   SOLE   37,279 0 0
AMBAC FINL GROUP INC COM NEW 023139884 30,156 1,227,842 SH   SOLE   1,227,842 0 0
AMERICAN AIRLS GROUP INC COM 02376R102 5,467 216,514 SH   SOLE   216,513 0 1
AMERICAN CAP LTD COM 02503Y103 38,573 2,466,328 SH   SOLE   2,456,809 0 9,519
AMERICAN CAP MTG INVT CORP COM 02504A104 4,651 266,405 SH   SOLE   261,476 0 4,929
AMERICAN CAPITAL AGENCY CORP COM 02503X105 45,482 2,357,785 SH   SOLE   2,350,339 0 7,446
ANGIES LIST INC COM 034754101 5,472 361,166 SH   SOLE   346,869 0 14,297
ANGIODYNAMICS INC COM 03475V101 811 47,173 SH   SOLE   47,173 0 0
ANNALY CAP MGMT INC COM 035710409 1,903 190,879 SH   SOLE   183,600 0 7,279
ANWORTH MORTGAGE ASSET CP COM 037347101 6,309 1,498,486 SH   SOLE   1,485,490 0 12,996
APOLLO GLOBAL MGMT LLC CL A SHS 037612306 1,203 38,070 SH   SOLE   35,652 0 2,418
APOLLO INVT CORP COM 03761U106 127 15,000 SH   SOLE   15,000 0 0
APOLLO RESIDENTIAL MTG INC COM 03763V102 13,185 892,060 SH   SOLE   887,460 0 4,600
APPLE INC CALL 037833900 248 17 SH   SOLE   17 0 0
APPLE INC COM 037833100 7,697 13,718 SH   SOLE   13,432 0 286
ARKANSAS BEST CORP DEL COM 040790107 2,351 69,800 SH   SOLE   69,800 0 0
ASHFORD HOSPITALITY PRIME IN COM 044102101 684 37,558 SH   SOLE   37,558 0 0
ASHFORD HOSPITALITY TR INC COM SHS 044103109 1,576 190,289 SH   SOLE   190,289 0 0
ASPEN TECHNOLOGY INC COM 045327103 1,150 27,500 SH   SOLE   27,500 0 0
ASSURED GUARANTY LTD CALL G0585R906 840 5,400 SH   SOLE   5,400 0 0
ASSURED GUARANTY LTD COM G0585R106 3,959 167,832 SH   SOLE   162,674 0 5,158
ATMEL CORP COM 049513104 1,268 162,000 SH   SOLE   162,000 0 0
AV HOMES INC NOTE 7.500% 2/1 00234PAB8 17,563 14,979,000 PRN   SOLE   14,979,000 0 0
AVAGO TECHNOLOGIES LTD SHS Y0486S104 1,058 20,000 SH   SOLE   20,000 0 0
AVERY DENNISON CORP COM 053611109 1,693 33,726 SH   SOLE   33,726 0 0
AXCELIS TECHNOLOGIES INC COM 054540109 692 283,422 SH   SOLE   283,422 0 0
B/E AEROSPACE INC COM 073302101 1,088 12,500 SH   SOLE   12,500 0 0
BALL CORP COM 058498106 1,642 31,778 SH   SOLE   29,654 0 2,124
BANK OF AMERICA CORPORATION PUT 060505954 345 13,000 SH   SOLE   13,000 0 0
BARNES & NOBLE INC COM 067774109 504 33,695 SH   SOLE   32,206 0 1,489
BARRETT BILL CORP COM 06846N104 821 30,646 SH   SOLE   28,296 0 2,350
BARRETT BUSINESS SERVICES IN COM 068463108 522 5,628 SH   SOLE   5,628 0 0
BARRICK GOLD CORP COM 067901108 264 15,000 SH   SOLE   15,000 0 0
BERRY PLASTICS GROUP INC COM 08579W103 3,165 133,060 SH   SOLE   127,092 0 5,968
BIG 5 SPORTING GOODS CORP COM 08915P101 1,655 83,500 SH   SOLE   83,500 0 0
BLACKSTONE GROUP L P COM UNIT LTD 09253U108 2,278 72,303 SH   SOLE   69,883 0 2,420
BLACKSTONE MTG TR INC COM CL A 09257W100 4,105 151,300 SH   SOLE   144,700 0 6,600
BLOUNT INTL INC NEW COM 095180105 3,095 213,880 SH   SOLE   210,300 0 3,580
BOB EVANS FARMS INC COM 096761101 1,871 36,974 SH   SOLE   34,174 0 2,800
BON-TON STORES INC COM 09776J101 1,964 120,651 SH   SOLE   120,651 0 0
BOSTON SCIENTIFIC CORP COM 101137107 126 10,450 SH   SOLE   10,450 0 0
BROADCOM CORP CL A 111320107 3,601 121,450 SH   SOLE   114,300 0 7,150
BROOKFIELD OFFICE PPTYS INC COM 112900105 246 12,800 SH   SOLE   12,800 0 0
CACI INTL INC CL A 127190304 451 6,164 SH   SOLE   5,568 0 596
CADENCE DESIGN SYSTEM INC NOTE 2.625% 6/0 127387AJ7 50,300 26,800,000 PRN   SOLE   26,800,000 0 0
CALLAWAY GOLF CO NOTE 3.750% 8/1 131193AC8 29,396 23,875,000 PRN   SOLE   23,375,000 0 500,000
CAPITOL ACQUISITION CORP II UNIT 99/99/9999 14056V204 1,550 153,451 SH   SOLE   153,451 0 0
CARDINAL HEALTH INC COM 14149Y108 247 3,700 SH   SOLE   3,700 0 0
CARNIVAL CORP PAIRED CTF 143658300 321 8,000 SH   SOLE   8,000 0 0
CELGENE CORP COM 151020104 1,401 8,294 SH   SOLE   8,294 0 0
CEMEX SAB DE CV NOTE 3.250% 3/1 151290BB8 27,668 21,000,000 PRN   SOLE   20,500,000 0 500,000
CENTURY CASINOS INC COM 156492100 2,458 471,757 SH   SOLE   471,757 0 0
CENVEO INC COM 15670S105 233 67,800 SH   SOLE   67,800 0 0
CEPHEID COM 15670R107 325 6,965 SH   SOLE   6,965 0 0
CHERRY HILL MTG INVT CORP COM 164651101 1,917 107,700 SH   SOLE   107,700 0 0
CHEVRON CORP NEW COM 166764100 3,406 27,269 SH   SOLE   25,727 0 1,542
CINTAS CORP COM 172908105 1,764 29,607 SH   SOLE   29,607 0 0
CIRRUS LOGIC INC COM 172755100 2,478 121,300 SH   SOLE   116,700 0 4,600
CISCO SYS INC COM 17275R102 4,934 219,768 SH   SOLE   210,413 0 9,355
COACH INC COM 189754104 2,674 47,637 SH   SOLE   44,992 0 2,645
COLE REAL ESTATE INVTS INC COM 19329V105 223 15,900 SH   SOLE   15,900 0 0
COLGATE PALMOLIVE CO COM 194162103 1,697 26,027 SH   SOLE   26,027 0 0
COLONY FINL INC COM 19624R106 2,859 140,900 SH   SOLE   140,900 0 0
COMPASS MINERALS INTL INC COM 20451N101 248 3,100 SH   SOLE   3,100 0 0
COMPUCREDIT HLDGS CORP NOTE 5.875%11/3 20478NAD2 3,225 8,114,000 PRN   SOLE   8,114,000 0 0
COMSTOCK RES INC COM NEW 205768203 1,341 73,300 SH   SOLE   73,300 0 0
CONNS INC COM 208242107 4,120 52,295 SH   SOLE   50,195 0 2,100
CONTINENTAL AIRLS INC NOTE 4.500% 1/1 210795PU8 6,131 3,000,000 PRN   SOLE   3,000,000 0 0
CORNING INC COM 219350105 837 46,957 SH   SOLE   44,224 0 2,733
COSAN LTD SHS A G25343107 564 41,100 SH   SOLE   41,100 0 0
CRANE CO COM 224399105 2,431 36,148 SH   SOLE   34,927 0 1,221
CRAWFORD & CO CL A 224633206 373 48,500 SH   SOLE   48,500 0 0
CRUMBS BAKE SHOP INC *W EXP 05/05/201 228803110 3 52,340 SH   SOLE   52,340 0 0
CUBIST PHARMACEUTICALS INC NOTE 2.500%11/0 229678AD9 32,960 13,550,000 PRN   SOLE   13,550,000 0 0
CYRUSONE INC COM 23283R100 1,640 73,461 SH   SOLE   73,461 0 0
DANA HLDG CORP COM 235825205 1,737 88,554 SH   SOLE   88,554 0 0
DELPHI AUTOMOTIVE PLC SHS G27823106 2,406 40,005 SH   SOLE   38,855 0 1,150
DELTA AIR LINES INC DEL COM NEW 247361702 2,189 79,700 SH   SOLE   79,700 0 0
DELUXE CORP COM 248019101 5,007 95,947 SH   SOLE   95,947 0 0
DESTINATION MATERNITY CORP COM 25065D100 2,101 70,300 SH   SOLE   67,300 0 3,000
DFC GLOBAL CORP COM 23324T107 11,760 1,027,059 SH   SOLE   1,004,349 0 22,710
DIAMONDBACK ENERGY INC COM 25278X109 1,274 24,100 SH   SOLE   24,100 0 0
DIGITAL RLTY TR INC COM 253868103 1,130 23,000 SH   SOLE   23,000 0 0
DILLARDS INC CL A 254067101 3,587 36,898 SH   SOLE   36,898 0 0
DISCOVERY COMMUNICATNS NEW COM SER C 25470F302 5,536 66,014 SH   SOLE   66,014 0 0
DISNEY WALT CO COM DISNEY 254687106 302 3,950 SH   SOLE   3,950 0 0
DOLLAR GEN CORP NEW COM 256677105 1,928 31,959 SH   SOLE   31,959 0 0
DOLLAR TREE INC COM 256746108 1,544 27,367 SH   SOLE   27,367 0 0
DOMTAR CORP COM NEW 257559203 773 8,198 SH   SOLE   7,677 0 521
DONNELLEY R R & SONS CO COM 257867101 801 39,511 SH   SOLE   35,691 0 3,820
DOVER CORP COM 260003108 1,956 20,259 SH   SOLE   20,259 0 0
E M C CORP MASS COM 268648102 23,641 940,000 SH   SOLE   940,000 0 0
EASTMAN KODAK CO COM NEW 277461406 1,612 46,448 SH   SOLE   46,448 0 0
EATON VANCE NATL MUN OPPORT COM SHS 27829L105 1,125 60,925 SH   SOLE   60,925 0 0
EBAY INC COM 278642103 3,921 71,425 SH   SOLE   71,425 0 0
ELECTRONIC ARTS INC COM 285512109 1,514 66,000 SH   SOLE   66,000 0 0
EMERITUS CORP COM 291005106 1,089 50,367 SH   SOLE   45,963 0 4,404
ENCORE CAP GROUP INC COM 292554102 6,933 137,944 SH   SOLE   137,944 0 0
ENCORE CAP GROUP INC NOTE 3.000%11/2 292554AC6 33,069 19,706,000 PRN   SOLE   19,706,000 0 0
ENDO HEALTH SOLUTIONS INC NOTE 1.750% 4/1 29264FAB2 23,169 10,000,000 PRN   SOLE   10,000,000 0 0
ENDOLOGIX INC COM 29266S106 1,611 92,400 SH   SOLE   92,400 0 0
ENGILITY HLDGS INC COM 29285W104 247 7,400 SH   SOLE   7,400 0 0
ENPRO INDS INC DBCV 3.938%10/1 29355XAB3 48,011 27,250,000 PRN   SOLE   27,250,000 0 0
EQT CORP COM 26884L109 827 9,216 SH   SOLE   8,473 0 743
ESTERLINE TECHNOLOGIES CORP COM 297425100 2,355 23,097 SH   SOLE   23,097 0 0
EXTREME NETWORKS INC COM 30226D106 1,515 216,496 SH   SOLE   216,496 0 0
EXXON MOBIL CORP COM 30231G102 4,577 45,228 SH   SOLE   42,568 0 2,660
EZCORP INC CL A NON VTG 302301106 2,057 175,995 SH   SOLE   171,041 0 4,954
FACEBOOK INC CALL 30303M902 207 500 SH   SOLE   500 0 0
FAIRCHILD SEMICONDUCTOR INTL COM 303726103 3,858 289,000 SH   SOLE   276,000 0 13,000
FEDERAL AGRIC MTG CORP CL C 313148306 298 8,695 SH   SOLE   8,695 0 0
FEDEX CORP COM 31428X106 1,438 10,000 SH   SOLE   10,000 0 0
FLEXTRONICS INTL LTD ORD Y2573F102 2,143 275,800 SH   SOLE   275,800 0 0
FLUOR CORP NEW COM 343412102 2,831 35,263 SH   SOLE   33,796 0 1,467
FLUOR CORP NEW PUT 343412952 280 500 SH   SOLE   500 0 0
FLY LEASING LTD SPONSORED ADR 34407D109 553 34,426 SH   SOLE   34,426 0 0
FOOT LOCKER INC COM 344849104 1,672 40,342 SH   SOLE   37,727 0 2,615
FORD MTR CO DEL COM PAR $0.01 345370860 4,437 287,588 SH   SOLE   271,826 0 15,762
FOREST LABS INC COM 345838106 1,513 25,200 SH   SOLE   25,200 0 0
FORTINET INC COM 34959E109 794 41,500 SH   SOLE   41,500 0 0
FRANCESCAS HLDGS CORP COM 351793104 2,987 162,270 SH   SOLE   154,200 0 8,070
FREEPORT-MCMORAN COPPER & GO CALL 35671D907 289 3,250 SH   SOLE   3,250 0 0
FREEPORT-MCMORAN COPPER & GO COM 35671D857 1,367 36,210 SH   SOLE   34,048 0 2,162
GENERAL DYNAMICS CORP COM 369550108 258 2,700 SH   SOLE   2,700 0 0
GENERAL MTRS CO *W EXP 07/10/201 37045V118 162,241 5,206,707 SH   SOLE   5,206,707 0 0
GENERAL MTRS CO *W EXP 07/10/201 37045V126 11,762 508,504 SH   SOLE   508,504 0 0
GENERAL MTRS CO COM 37045V100 1,024 25,067 SH   SOLE   23,367 0 1,700
GILEAD SCIENCES INC COM 375558103 1,815 24,150 SH   SOLE   24,150 0 0
GLOBAL EAGLE ENTMT INC COM 37951D102 1,056 71,000 SH   SOLE   71,000 0 0
GLOBUS MED INC CL A 379577208 1,684 83,450 SH   SOLE   83,450 0 0
GOODYEAR TIRE & RUBR CO COM 382550101 1,277 53,527 SH   SOLE   50,490 0 3,037
GOOGLE INC CL A 38259P508 1,565 1,396 SH   SOLE   1,396 0 0
GRAN TIERRA ENERGY INC COM 38500T101 6,382 873,081 SH   SOLE   857,114 0 15,967
GRANITE CONSTR INC COM 387328107 1,478 42,250 SH   SOLE   42,250 0 0
GRAPHIC PACKAGING HLDG CO COM 388689101 3,339 347,797 SH   SOLE   338,897 0 8,900
GRAVITY CO LTD SPONSORED ADR 38911N107 176 191,457 SH   SOLE   191,457 0 0
GULF RESOURCES INC COM PAR $0.0005 40251W309 225 95,714 SH   SOLE   95,714 0 0
HANGER INC COM NEW 41043F208 1,729 43,951 SH   SOLE   43,951 0 0
HANNON ARMSTRONG SUST INFR C COM 41068X100 161 11,507 SH   SOLE   11,507 0 0
HARMAN INTL INDS INC COM 413086109 3,331 40,700 SH   SOLE   40,700 0 0
HARTFORD FINL SVCS GROUP INC COM 416515104 606 16,733 SH   SOLE   15,013 0 1,720
HAVERTY FURNITURE INC COM 419596101 2,232 71,318 SH   SOLE   71,318 0 0
HCI GROUP INC COM 40416E103 2,287 42,751 SH   SOLE   42,751 0 0
HEALTH MGMT ASSOC INC NEW CL A 421933102 4,716 360,000 SH   SOLE   360,000 0 0
HEARTLAND EXPRESS INC COM 422347104 3,099 157,949 SH   SOLE   157,949 0 0
HEICO CORP NEW CL A 422806208 2,337 55,491 SH   SOLE   55,491 0 0
HELIX ENERGY SOLUTIONS GRP I COM 42330P107 2,870 123,800 SH   SOLE   123,800 0 0
HERBALIFE LTD CALL G4412G901 221 228 SH   SOLE   228 0 0
HERBALIFE LTD COM USD SHS G4412G101 3,227 41,000 SH   SOLE   41,000 0 0
HERCULES OFFSHORE INC COM 427093109 147 22,500 SH   SOLE   22,500 0 0
HERCULES TECH GROWTH CAP INC NOTE 6.000% 4/1 427096AB8 31,759 22,848,000 PRN   SOLE   22,848,000 0 0
HIMAX TECHNOLOGIES INC SPONSORED ADR 43289P106 5,033 342,145 SH   SOLE   342,145 0 0
HMS HLDGS CORP COM 40425J101 2,609 114,790 SH   SOLE   111,500 0 3,290
HUBBELL INC CL B 443510201 3,240 29,749 SH   SOLE   29,749 0 0
HUMANA INC COM 444859102 1,107 10,729 SH   SOLE   10,008 0 721
HUTCHINSON TECHNOLOGY INC COM 448407106 71 22,117 SH   SOLE   22,117 0 0
HUTCHINSON TECHNOLOGY INC NOTE 8.500% 1/1 448407AG1 10,487 11,701,000 PRN   SOLE   11,701,000 0 0
ICAD INC COM NEW 44934S206 1,298 111,291 SH   SOLE   111,291 0 0
ING U S INC COM 45685E106 607 17,273 SH   SOLE   15,543 0 1,730
INTEL CORP COM 458140100 1,903 73,301 SH   SOLE   71,331 0 1,970
INTERNATIONAL BUSINESS MACHS COM 459200101 2,059 10,979 SH   SOLE   10,979 0 0
INVESCO MORTGAGE CAPITAL INC COM 46131B100 2,054 139,892 SH   SOLE   139,892 0 0
ION GEOPHYSICAL CORP COM 462044108 124 37,500 SH   SOLE   37,500 0 0
ISHARES CALL 464288902 200 2,000 SH   SOLE   2,000 0 0
ISHARES CALL 464288902 200 2,000 SH   SOLE   2,000 0 0
ISHARES CALL 464288902 200 2,000 SH   SOLE   2,000 0 0
ISHARES CALL 464288902 200 2,000 SH   SOLE   2,000 0 0
ISHARES CALL 464288902 200 2,000 SH   SOLE   2,000 0 0
ISHARES CALL 464288902 200 2,000 SH   SOLE   2,000 0 0
ISHARES NASDQ BIOTEC ETF 464287556 1,290 5,682 SH   SOLE   5,682 0 0
ISIS PHARMACEUTICALS INC DEL NOTE 2.750%10/0 464337AG9 42,505 17,096,000 PRN   SOLE   17,096,000 0 0
JETBLUE AIRWAYS CORP DBCV 5.500%10/1 477143AE1 81,711 41,061,000 PRN   SOLE   41,061,000 0 0
JETBLUE AIRWAYS CORP DBCV 6.750%10/1 477143AF8 12,659 7,050,000 PRN   SOLE   7,050,000 0 0
JETBLUE AIRWAYS CORP DBCV 6.750%10/1 477143AG6 22,918 12,086,000 PRN   SOLE   12,086,000 0 0
JINKOSOLAR HLDG CO LTD NOTE 4.000% 5/1 47759TAA8 10,272 9,500,000 PRN   SOLE   9,500,000 0 0
JOHNSON & JOHNSON COM 478160104 2,637 28,795 SH   SOLE   28,795 0 0
JOY GLOBAL INC COM 481165108 1,170 20,000 SH   SOLE   20,000 0 0
KAR AUCTION SVCS INC COM 48238T109 1,342 45,424 SH   SOLE   45,424 0 0
KB HOME COM 48666K109 3,294 180,200 SH   SOLE   180,200 0 0
KBR INC COM 48242W106 1,292 40,500 SH   SOLE   40,500 0 0
KEYCORP NEW COM 493267108 1,007 75,000 SH   SOLE   75,000 0 0
KKR FINL HLDGS LLC COM 48248A306 4,149 340,388 SH   SOLE   323,206 0 17,182
KULICKE & SOFFA INDS INC COM 501242101 1,537 115,543 SH   SOLE   109,696 0 5,847
L-3 COMMUNICATIONS CORP DEBT 3.000% 8/0 502413AW7 19,162 15,910,000 PRN   SOLE   15,910,000 0 0
LAM RESEARCH CORP COM 512807108 4,001 73,489 SH   SOLE   71,879 0 1,610
LEAR CORP COM NEW 521865204 994 12,271 SH   SOLE   11,446 0 825
LENNAR CORP CL A 526057104 1,681 42,500 SH   SOLE   42,500 0 0
LEUCADIA NATL CORP COM 527288104 5,756 203,092 SH   SOLE   203,092 0 0
LEUCADIA NATL CORP NOTE 3.750% 4/1 527288AX2 29,939 22,532,000 PRN   SOLE   22,032,000 0 500,000
LHC GROUP INC COM 50187A107 1,949 81,065 SH   SOLE   81,065 0 0
LIBERTY MEDIA CORP DEB 4.000%11/1 530715AG6 17,001 27,201,000 PRN   SOLE   27,201,000 0 0
LIFEPOINT HOSPITALS INC COM 53219L109 2,185 41,357 SH   SOLE   41,357 0 0
LIGAND PHARMACEUTICALS INC COM NEW 53220K504 3,766 71,596 SH   SOLE   71,596 0 0
LINCOLN NATL CORP IND COM 534187109 758 14,685 SH   SOLE   14,685 0 0
LIQUIDITY SERVICES INC COM 53635B107 906 40,000 SH   SOLE   40,000 0 0
LTX-CREDENCE CORP COM NEW 502403207 2,131 266,700 SH   SOLE   266,700 0 0
MAGNA INTL INC COM 559222401 960 11,694 SH   SOLE   10,835 0 859
MAGNACHIP SEMICONDUCTOR CORP COM 55933J203 558 28,600 SH   SOLE   28,600 0 0
MAIDEN HOLDINGS LTD SHS G5753U112 976 89,300 SH   SOLE   89,300 0 0
MARKET VECTORS ETF TR CALL 57060U900 201 3,500 SH   SOLE   3,500 0 0
MARKET VECTORS ETF TR GOLD MINER ETF 57060U100 7,566 358,249 SH   SOLE   349,762 0 8,487
MARKET VECTORS ETF TR JR GOLD MINERS E 57061R544 2,874 92,564 SH   SOLE   90,553 0 2,011
MASTEC INC NOTE 4.000% 6/1 576323AL3 19,754 9,500,000 PRN   SOLE   9,500,000 0 0
MASTEC INC NOTE 4.250%12/1 576323AM1 16,756 7,823,000 PRN   SOLE   7,823,000 0 0
MASTERCARD INC CL A 57636Q104 1,942 2,325 SH   SOLE   2,325 0 0
MATSON INC COM 57686G105 1,729 66,222 SH   SOLE   66,222 0 0
MBIA INC COM 55262C100 7,219 604,623 SH   SOLE   600,209 0 4,414
MDC PARTNERS INC CL A SUB VTG 552697104 1,552 60,820 SH   SOLE   60,820 0 0
MEDASSETS INC COM 584045108 2,209 111,377 SH   SOLE   111,377 0 0
MEDTRONIC INC COM 585055106 2,612 45,516 SH   SOLE   45,516 0 0
METLIFE INC COM 59156R108 1,856 34,424 SH   SOLE   33,564 0 860
MICRON TECHNOLOGY INC NOTE 1.875% 6/0 595112AH6 22,856 15,000,000 PRN   SOLE   15,000,000 0 0
MICRON TECHNOLOGY INC NOTE 1.875% 8/0 595112AR4 33,838 14,700,000 PRN   SOLE   14,700,000 0 0
MICROSOFT CORP COM 594918104 3,147 84,083 SH   SOLE   79,348 0 4,735
MIMEDX GROUP INC COM 602496101 2,597 297,084 SH   SOLE   297,084 0 0
MOLINA HEALTHCARE INC COM 60855R100 1,729 49,750 SH   SOLE   49,750 0 0
MONSTER WORLDWIDE INC COM 611742107 3,355 470,601 SH   SOLE   456,801 0 13,800
MOOG INC CL A 615394202 1,450 21,341 SH   SOLE   21,341 0 0
MOTORCAR PTS AMER INC COM 620071100 4,728 244,974 SH   SOLE   244,974 0 0
MRC GLOBAL INC COM 55345K103 642 19,910 SH   SOLE   19,910 0 0
MYLAN INC NOTE 3.750% 9/1 628530AJ6 47,086 14,361,000 PRN   SOLE   14,361,000 0 0
NANOSPHERE INC COM 63009F105 1,764 770,330 SH   SOLE   770,330 0 0
NATIONAL OILWELL VARCO INC COM 637071101 1,193 15,000 SH   SOLE   15,000 0 0
NATIONAL WESTN LIFE INS CO CL A 638522102 2,090 9,348 SH   SOLE   9,348 0 0
NAVIOS MARITIME HOLDINGS INC COM Y62196103 2,001 179,308 SH   SOLE   179,308 0 0
NELNET INC CL A 64031N108 2,426 57,568 SH   SOLE   57,568 0 0
NEOGEN CORP COM 640491106 335 7,334 SH   SOLE   7,334 0 0
NEONODE INC COM NEW 64051M402 5,712 903,846 SH   SOLE   899,446 0 4,400
NEW RESIDENTIAL INVT CORP COM 64828T102 1,332 199,470 SH   SOLE   199,470 0 0
NEWMONT MINING CORP COM 651639106 8,655 375,806 SH   SOLE   371,026 0 4,780
NEWTEK BUSINESS SVCS INC COM 652526104 512 163,000 SH   SOLE   163,000 0 0
NORTEK INC COM NEW 656559309 889 11,913 SH   SOLE   11,913 0 0
NORTHWEST BIOTHERAPEUTICS IN COM PAR $0.001 66737P600 2,067 548,367 SH   SOLE   548,367 0 0
NUVEEN CAL AMT-FREE MUN INC COM 670651108 1,217 100,000 SH   SOLE   100,000 0 0
NUVEEN DIV ADVANTAGE MUN FD COM 67070F100 1,269 100,000 SH   SOLE   100,000 0 0
NUVEEN MUN ADVANTAGE FD INC COM 67062H106 1,216 100,000 SH   SOLE   100,000 0 0
OCWEN FINL CORP COM NEW 675746309 3,970 71,600 SH   SOLE   71,600 0 0
OMNICARE INC NOTE 3.750% 4/0 681904AP3 39,234 25,983,000 PRN   SOLE   25,483,000 0 500,000
OMNICELL INC COM 68213N109 260 10,200 SH   SOLE   10,200 0 0
OMNOVA SOLUTIONS INC COM 682129101 985 108,135 SH   SOLE   108,135 0 0
OPPENHEIMER HLDGS INC CL A NON VTG 683797104 501 20,231 SH   SOLE   20,231 0 0
ORACLE CORP COM 68389X105 5,675 148,339 SH   SOLE   141,601 0 6,738
OREXIGEN THERAPEUTICS INC NOTE 2.750%12/0 686164AA2 5,373 5,500,000 PRN   SOLE   5,500,000 0 0
ORTHOFIX INTL N V COM N6748L102 3,434 150,500 SH   SOLE   144,700 0 5,800
OSI SYSTEMS INC COM 671044105 9,749 183,571 SH   SOLE   179,571 0 4,000
OWENS ILL INC COM NEW 690768403 1,906 53,266 SH   SOLE   50,216 0 3,050
PACIFIC SUNWEAR CALIF INC COM 694873100 37 11,100 SH   SOLE   11,100 0 0
PANTRY INC COM 698657103 2,638 157,204 SH   SOLE   152,568 0 4,636
PATTERSON COMPANIES INC COM 703395103 1,312 31,836 SH   SOLE   31,836 0 0
PDL BIOPHARMA INC NOTE 2.875% 2/1 69329YAE4 52,646 34,269,000 PRN   SOLE   34,069,000 0 200,000
PDL BIOPHARMA INC NOTE 3.750% 5/0 69329YAC8 35,687 26,374,000 PRN   SOLE   26,374,000 0 0
PENN VA CORP COM 707882106 1,500 159,050 SH   SOLE   159,050 0 0
PEPSICO INC COM 713448108 2,877 34,683 SH   SOLE   34,683 0 0
PERRIGO CO COM 714290103 1,613 10,514 SH   SOLE   10,514 0 0
PHH CORP COM NEW 693320202 2,116 86,906 SH   SOLE   80,806 0 6,100
PIER 1 IMPORTS INC COM 720279108 4,441 192,399 SH   SOLE   183,288 0 9,111
POWER SOLUTIONS INTL INC COM NEW 73933G202 1,008 13,422 SH   SOLE   13,422 0 0
POWERSECURE INTL INC COM 73936N105 2,334 135,933 SH   SOLE   135,933 0 0
PRICELINE COM INC COM NEW 741503403 4,208 3,620 SH   SOLE   3,620 0 0
PROMOTORA DE INFORMACIONES S ADR CL B CONV 74343G303 10,222 3,536,891 SH   SOLE   3,536,891 0 0
PROSPECT CAPITAL CORPORATION MTNF 5.375%10/1 74348TAK8 524 500,000 PRN   SOLE   0 0 500,000
PRUDENTIAL FINL INC COM 744320102 239 2,596 SH   SOLE   2,303 0 293
QLIK TECHNOLOGIES INC COM 74733T105 599 22,500 SH   SOLE   22,500 0 0
QUALCOMM INC COM 747525103 1,935 26,064 SH   SOLE   24,627 0 1,437
QUALITY DISTR INC FLA COM 74756M102 1,377 107,299 SH   SOLE   107,299 0 0
QUANTUM CORP COM DSSG 747906204 1,017 847,429 SH   SOLE   847,429 0 0
QUIKSILVER INC COM 74838C106 259 29,500 SH   SOLE   29,500 0 0
RADIAN GROUP INC COM 750236101 2,733 193,589 SH   SOLE   193,589 0 0
RADNET INC COM 750491102 1,663 995,605 SH   SOLE   995,605 0 0
RAIT FINANCIAL TRUST COM NEW 749227609 4,018 447,976 SH   SOLE   447,976 0 0
RANGE RES CORP COM 75281A109 1,107 13,128 SH   SOLE   12,208 0 920
REDWOOD TR INC COM 758075402 252 13,000 SH   SOLE   13,000 0 0
REPUBLIC AWYS HLDGS INC COM 760276105 1,222 114,321 SH   SOLE   114,321 0 0
REXNORD CORP NEW COM 76169B102 2,628 97,285 SH   SOLE   97,285 0 0
RITE AID CORP COM 767754104 988 195,227 SH   SOLE   183,100 0 12,127
ROADRUNNER TRNSN SVCS HLDG I COM 76973Q105 912 33,831 SH   SOLE   33,831 0 0
ROCK-TENN CO CL A 772739207 3,523 33,550 SH   SOLE   32,000 0 1,550
ROCKWELL MED INC COM 774374102 2,986 286,000 SH   SOLE   286,000 0 0
RUDOLPH TECHNOLOGIES INC COM 781270103 117 10,000 SH   SOLE   10,000 0 0
SAFE BULKERS INC COM Y7388L103 1,141 109,701 SH   SOLE   109,701 0 0
SAFEGUARD SCIENTIFICS INC COM NEW 786449207 1,042 51,856 SH   SOLE   51,856 0 0
SAFEGUARD SCIENTIFICS INC DBCV 5.250% 5/1 786449AJ7 6,284 5,000,000 PRN   SOLE   5,000,000 0 0
SALESFORCE COM INC NOTE 0.750% 1/1 79466LAB0 77,107 29,901,000 PRN   SOLE   29,901,000 0 0
SANDRIDGE ENERGY INC COM 80007P307 494 81,360 SH   SOLE   73,211 0 8,149
SANOFI RIGHT 12/31/2020 80105N113 5,972 17,564,127 SH   SOLE   17,513,161 0 50,966
SEALED AIR CORP NEW COM 81211K100 1,022 30,000 SH   SOLE   30,000 0 0
SELECT COMFORT CORP COM 81616X103 4,521 214,348 SH   SOLE   207,748 0 6,600
SELECT SECTOR SPDR TR PUT 81369Y958 331 3,376 SH   SOLE   3,376 0 0
SELECT SECTOR SPDR TR SBI INT-INDS 81369Y704 3,998 76,506 SH   SOLE   72,206 0 4,300
SELECT SECTOR SPDR TR TECHNOLOGY 81369Y803 7,221 202,045 SH   SOLE   189,938 0 12,107
SILICON MOTION TECHNOLOGY CO SPONSORED ADR 82706C108 3,060 216,226 SH   SOLE   210,641 0 5,585
SILVER BAY RLTY TR CORP COM 82735Q102 368 22,997 SH   SOLE   22,997 0 0
SILVER WHEATON CORP COM 828336107 2,962 146,707 SH   SOLE   145,207 0 1,500
SIRONA DENTAL SYSTEMS INC COM 82966C103 1,176 16,750 SH   SOLE   16,750 0 0
SOTHEBYS COM 835898107 2,232 41,960 SH   SOLE   40,289 0 1,671
SOUTHERN COPPER CORP COM 84265V105 247 8,600 SH   SOLE   8,600 0 0
SPDR S&P 500 ETF TR CALL 78462F903 322 2,000 SH   SOLE   2,000 0 0
SPDR S&P 500 ETF TR PUT 78462F953 3,103 12,617 SH   SOLE   12,617 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 34,722 188,019 SH   SOLE   184,657 0 3,362
SPIRIT AIRLS INC COM 848577102 6,247 137,560 SH   SOLE   137,560 0 0
STAPLES INC COM 855030102 3,018 189,901 SH   SOLE   184,271 0 5,630
STARBUCKS CORP COM 855244109 2,114 26,972 SH   SOLE   26,972 0 0
STEINER LEISURE LTD ORD P8744Y102 874 17,776 SH   SOLE   17,776 0 0
STILLWATER MNG CO COM 86074Q102 123 10,000 SH   SOLE   10,000 0 0
STOCK BLDG SUPPLY HLDGS INC COM 86101X104 923 50,656 SH   SOLE   50,656 0 0
STONE ENERGY CORP COM 861642106 855 24,718 SH   SOLE   23,142 0 1,576
STONEGATE MTG CORP COM 86181Q300 10,497 635,051 SH   SOLE   623,901 0 11,150
STONERIDGE INC COM 86183P102 3,015 236,505 SH   SOLE   236,505 0 0
STRYKER CORP COM 863667101 2,644 35,194 SH   SOLE   35,194 0 0
SUNPOWER CORP DBCV 4.500% 3/1 867652AE9 5,603 4,000,000 PRN   SOLE   4,000,000 0 0
SUPERIOR ENERGY SVCS INC COM 868157108 1,490 56,000 SH   SOLE   56,000 0 0
SUPERVALU INC COM 868536103 1,364 187,100 SH   SOLE   187,100 0 0
SURMODICS INC COM 868873100 880 36,080 SH   SOLE   36,080 0 0
SYMANTEC CORP COM 871503108 236 9,992 SH   SOLE   9,006 0 986
SYNERON MEDICAL LTD ORD SHS M87245102 353 28,700 SH   SOLE   28,700 0 0
TEARLAB CORP COM 878193101 2,687 287,660 SH   SOLE   282,435 0 5,225
TECH DATA CORP COM 878237106 978 18,950 SH   SOLE   18,950 0 0
TENNECO INC COM 880349105 1,047 18,507 SH   SOLE   17,170 0 1,337
TERADATA CORP DEL COM 88076W103 3,314 72,860 SH   SOLE   70,250 0 2,610
TESLA MTRS INC NOTE 1.500% 6/0 88160RAA9 11,070 8,000,000 PRN   SOLE   8,000,000 0 0
TETRA TECH INC NEW COM 88162G103 2,490 89,000 SH   SOLE   89,000 0 0
TITAN INTL INC ILL COM 88830M102 3,617 201,170 SH   SOLE   192,400 0 8,770
TITAN MACHY INC COM 88830R101 3,583 201,091 SH   SOLE   195,391 0 5,700
TOWER INTL INC COM 891826109 6,517 304,541 SH   SOLE   298,177 0 6,364
TRAVELCENTERS OF AMERICA LLC COM 894174101 1,267 130,123 SH   SOLE   130,123 0 0
TRINITY BIOTECH PLC SPON ADR NEW 896438306 7,728 307,412 SH   SOLE   307,412 0 0
TRUEBLUE INC COM 89785X101 1,302 50,500 SH   SOLE   50,500 0 0
TRW AUTOMOTIVE HLDGS CORP COM 87264S106 1,028 13,825 SH   SOLE   12,972 0 853
TUTOR PERINI CORP COM 901109108 3,811 144,896 SH   SOLE   144,896 0 0
TWENTY FIRST CENTY FOX INC CL B 90130A200 4,642 134,168 SH   SOLE   134,168 0 0
TWO HBRS INVT CORP COM 90187B101 10,458 1,126,893 SH   SOLE   1,126,893 0 0
U S CONCRETE INC COM NEW 90333L201 624 27,582 SH   SOLE   27,582 0 0
U S G CORP COM NEW 903293405 1,697 59,800 SH   SOLE   59,800 0 0
ULTA SALON COSMETCS & FRAG I COM 90384S303 1,096 11,350 SH   SOLE   11,350 0 0
ULTRA PETROLEUM CORP COM 903914109 2,060 95,151 SH   SOLE   95,151 0 0
UNITED INS HLDGS CORP COM 910710102 1,450 102,974 SH   SOLE   102,974 0 0
UNITED RENTALS INC COM 911363109 3,071 39,400 SH   SOLE   39,400 0 0
UNITED STATES OIL FUND LP CALL 91232N908 670 5,400 SH   SOLE   5,400 0 0
UNITED STATES OIL FUND LP PUT 91232N958 545 5,400 SH   SOLE   5,400 0 0
UNITED TECHNOLOGIES CORP COM 913017109 1,389 12,206 SH   SOLE   12,206 0 0
UNITED THERAPEUTICS CORP DEL NOTE 1.000% 9/1 91307CAF9 105,230 44,354,000 PRN   SOLE   44,354,000 0 0
UNITEDHEALTH GROUP INC COM 91324P102 5,429 72,102 SH   SOLE   70,191 0 1,911
USA TECHNOLOGIES INC CONV PFD SER A 90328S203 587 34,546 SH   SOLE   34,546 0 0
USEC INC NOTE 3.000%10/0 90333EAC2 11,958 35,964,000 PRN   SOLE   35,964,000 0 0
VANTAGE DRILLING COMPANY ORD SHS G93205113 4,754 2,583,763 SH   SOLE   2,521,488 0 62,275
VARIAN MED SYS INC COM 92220P105 1,997 25,700 SH   SOLE   25,700 0 0
VECTOR GROUP LTD FRNT 11/1 92240MAS7 386 300,000 PRN   SOLE   0 0 300,000
VERIZON COMMUNICATIONS INC COM 92343V104 1,548 31,493 SH   SOLE   30,070 0 1,423
VERTEX ENERGY INC COM 92534K107 704 210,000 SH   SOLE   210,000 0 0
VRINGO INC COM 92911N104 1,252 423,105 SH   SOLE   423,105 0 0
WABCO HLDGS INC COM 92927K102 2,162 23,145 SH   SOLE   21,958 0 1,187
WAL-MART STORES INC COM 931142103 3,577 45,453 SH   SOLE   45,453 0 0
WARREN RES INC COM 93564A100 612 195,055 SH   SOLE   195,055 0 0
WEIGHT WATCHERS INTL INC NEW COM 948626106 2,829 85,916 SH   SOLE   79,437 0 6,479
WELLPOINT INC COM 94973V107 2,780 30,085 SH   SOLE   28,139 0 1,946
WESTERN REFNG INC NOTE 5.750% 6/1 959319AC8 139,999 31,549,000 PRN   SOLE   31,549,000 0 0
WESTERN UN CO COM 959802109 1,473 85,380 SH   SOLE   85,380 0 0
WORLD FUEL SVCS CORP COM 981475106 3,505 81,200 SH   SOLE   81,200 0 0
WRIGHT MED GROUP INC RIGHT 03/01/2019 98235T115 83 255,650 SH   SOLE   255,650 0 0
XERIUM TECHNOLOGIES INC COM NEW 98416J118 621 37,632 SH   SOLE   37,632 0 0
YRC WORLDWIDE INC NOTE 10.000% 3/3 984249AB8 16,274 16,396,661 PRN   SOLE   16,396,661 0 0
ZEP INC COM 98944B108 228 12,573 SH   SOLE   12,573 0 0
ZHONE TECHNOLOGIES INC NEW COM NEW 98950P884 640 119,800 SH   SOLE   119,800 0 0
ZILLOW INC CL A 98954A107 2,043 25,000 SH   SOLE   25,000 0 0
ZYNGA INC CALL 98986T908 55 11,122 SH   SOLE   11,122 0 0
ZYNGA INC CL A 98986T108 1,495 393,521 SH   SOLE   372,292 0 21,229