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
ACXIOM CORP COM 005125109 647 36,793 SH   SOLE   36,793 0 0
AEGEAN MARINE PETROLEUM NETW SHS Y0017S102 1,851 149,747 SH   SOLE   149,747 0 0
AERCAP HOLDINGS NV SHS N00985106 1,728 37,730 SH   SOLE   37,730 0 0
AES CORP COM 00130H105 1,077 51,267 SH   SOLE   51,267 0 0
AIR METHODS CORP COM PAR $.06 009128307 2,581 62,431 SH   SOLE   62,431 0 0
AIR TRANSPORT SERVICES GRP I COM 00922R105 666 63,480 SH   SOLE   63,480 0 0
ALERE INC COM 01449J105 4,632 87,803 SH   SOLE   87,803 0 0
ALERE INC NOTE 3.000% 5/1 01449JAA3 6,134 4,944,000 PRN   SOLE   4,944,000 0 0
ALLERGAN PLC SHS G0177J108 1,929 6,358 SH   SOLE   6,358 0 0
ALLEGHANY CORP DEL COM 017175100 298 636 SH   SOLE   636 0 0
ALLIANCEBERNSTEIN INCOME FUN COM 01881E101 5,156 693,047 SH   SOLE   693,047 0 0
ALLY FINL INC COM 02005N100 46,098 2,055,206 SH   SOLE   2,055,206 0 0
ALPHA NAT RES INC NOTE 4.875%12/1 02076XAF9 466 6,906,000 PRN   SOLE   6,906,000 0 0
ALTERA CORP COM 021441100 2,975 58,100 SH   SOLE   58,100 0 0
ALTISOURCE PORTFOLIO SOLNS S REG SHS L0175J104 2,373 77,075 SH   SOLE   77,075 0 0
AMAG PHARMACEUTICALS INC NOTE 2.500% 2/1 00163UAA4 29,648 11,500,000 PRN   SOLE   11,500,000 0 0
AMBAC FINL GROUP INC *W EXP 04/30/202 023139116 568 74,756 SH   SOLE   74,756 0 0
AMBAC FINL GROUP INC COM NEW 023139884 16,029 963,299 SH   SOLE   963,299 0 0
AMC ENTMT HLDGS INC CL A COM 00165C104 310 10,117 SH   SOLE   10,117 0 0
AMERICA MOVIL SAB DE CV SPON ADR L SHS 02364W105 307 14,415 SH   SOLE   14,415 0 0
AMERICAN AIRLS GROUP INC COM 02376R102 18,112 453,545 SH   SOLE   453,545 0 0
AMERICAN AIRLS GROUP INC CALL 02376R902 1,740 10,000 SH Call SOLE   10,000 0 0
AMERICAN AXLE & MFG HLDGS IN COM 024061103 6,028 288,306 SH   SOLE   288,306 0 0
AMERICAN CAP LTD COM 02503Y103 70,492 5,202,386 SH   SOLE   5,202,386 0 0
AMERICAN CAP MTG INVT CORP COM 02504A104 6,456 403,750 SH   SOLE   403,750 0 0
AMERICAN CAPITAL AGENCY CORP COM 02503X105 66,721 3,632,088 SH   SOLE   3,632,088 0 0
AMERIS BANCORP COM 03076K108 1,623 64,178 SH   SOLE   64,178 0 0
AMETEK INC NEW COM 031100100 6,652 121,431 SH   SOLE   121,431 0 0
AMGEN INC COM 031162100 3,709 24,159 SH   SOLE   24,159 0 0
ANGIES LIST INC COM 034754101 6,416 1,041,504 SH   SOLE   1,041,504 0 0
ANNALY CAP MGMT INC COM 035710409 12,557 1,366,430 SH   SOLE   1,366,430 0 0
APOLLO GLOBAL MGMT LLC CL A SHS 037612306 4,490 202,726 SH   SOLE   202,726 0 0
APOLLO RESIDENTIAL MTG INC COM 03763V102 147 10,000 SH   SOLE   10,000 0 0
APPLE INC COM 037833100 3,306 26,359 SH   SOLE   26,359 0 0
ARES COML REAL ESTATE CORP NOTE 7.000%12/1 04013VAB4 6,143 6,000,000 PRN   SOLE   6,000,000 0 0
ARRIS GROUP INC NEW COM 04270V106 2,581 84,343 SH   SOLE   84,343 0 0
ASTORIA FINL CORP COM 046265104 152 11,000 SH   SOLE   11,000 0 0
ATLANTIC PWR CORP COM NEW 04878Q863 1,404 455,889 SH   SOLE   455,889 0 0
ATWOOD OCEANICS INC COM 050095108 9,016 341,012 SH   SOLE   341,012 0 0
AXCELIS TECHNOLOGIES INC COM 054540109 308 104,086 SH   SOLE   104,086 0 0
BAKER HUGHES INC COM 057224107 10,109 163,846 SH   SOLE   163,846 0 0
BANC CALIF INC COM 05990K106 3,252 236,539 SH   SOLE   236,539 0 0
BANK AMER CORP PUT 060505954 2,220 30,000 SH Put SOLE   30,000 0 0
BARRETT BILL CORP COM 06846N104 453 52,776 SH   SOLE   52,776 0 0
BEL FUSE INC CL B 077347300 688 33,550 SH   SOLE   33,550 0 0
BIG LOTS INC COM 089302103 728 16,175 SH   SOLE   16,175 0 0
BLACKSTONE GROUP L P COM UNIT LTD 09253U108 3,357 82,141 SH   SOLE   82,141 0 0
BLACKSTONE MTG TR INC COM CL A 09257W100 9,577 344,265 SH   SOLE   344,265 0 0
BLUEROCK RESIDENT GR REIT IN COM CL A 09627J102 3,053 241,158 SH   SOLE   241,158 0 0
BON-TON STORES INC COM 09776J101 455 98,528 SH   SOLE   98,528 0 0
BRINKER INTL INC COM 109641100 1,040 18,037 SH   SOLE   18,037 0 0
BRISTOL MYERS SQUIBB CO COM 110122108 3,989 59,945 SH   SOLE   59,945 0 0
BROADCOM CORP CL A 111320107 19,103 371,000 SH   SOLE   371,000 0 0
BUCKLE INC COM 118440106 2,957 64,603 SH   SOLE   64,603 0 0
BUFFALO WILD WINGS INC COM 119848109 7,796 49,757 SH   SOLE   49,757 0 0
BUILDERS FIRSTSOURCE INC COM 12008R107 2,793 217,524 SH   SOLE   217,524 0 0
CALLAWAY GOLF CO NOTE 3.750% 8/1 131193AC8 12,239 10,173,000 PRN   SOLE   10,173,000 0 0
CALLON PETE CO DEL COM 13123X102 1,026 123,316 SH   SOLE   123,316 0 0
CAPITAL ONE FINL CORP COM 14040H105 7,820 88,893 SH   SOLE   88,893 0 0
CARLISLE COS INC COM 142339100 8,831 88,200 SH   SOLE   88,200 0 0
CASTLE A M & CO NOTE 7.000%12/1 148411AF8 4,973 5,808,000 PRN   SOLE   5,808,000 0 0
CBIZ INC COM 124805102 1,643 170,412 SH   SOLE   170,412 0 0
CEMEX SAB DE CV SPON ADR NEW 151290889 5,621 613,596 SH   SOLE   613,596 0 0
CENTRUS ENERGY CORP CL A 15643U104 1,982 479,962 SH   SOLE   479,962 0 0
CENTURY CASINOS INC COM 156492100 794 126,094 SH   SOLE   126,094 0 0
CENTURY CMNTYS INC COM 156504300 713 35,407 SH   SOLE   35,407 0 0
CHART INDS INC COM PAR $0.01 16115Q308 3,277 91,672 SH   SOLE   91,672 0 0
CHEESECAKE FACTORY INC COM 163072101 3,455 63,351 SH   SOLE   63,351 0 0
CHENIERE ENERGY INC NOTE 4.250% 3/1 16411RAG4 19,908 26,500,000 PRN   SOLE   26,500,000 0 0
CHERRY HILL MTG INVT CORP COM 164651101 2,553 157,369 SH   SOLE   157,369 0 0
CHEVRON CORP NEW COM 166764100 8,005 82,976 SH   SOLE   82,976 0 0
CINTAS CORP COM 172908105 2,954 34,918 SH   SOLE   34,918 0 0
CIVITAS SOLUTIONS INC COM 17887R102 2,553 119,700 SH   SOLE   119,700 0 0
CMS ENERGY CORP COM 125896100 306 9,600 SH   SOLE   9,600 0 0
COBALT INTL ENERGY INC NOTE 2.625%12/0 19075FAA4 15,363 20,814,000 PRN   SOLE   20,814,000 0 0
COGNIZANT TECHNOLOGY SOLUTIO CL A 192446102 2,877 47,095 SH   SOLE   47,095 0 0
COMMUNICATIONS SALES&LEAS IN COM 20341J104 585 23,658 SH   SOLE   23,658 0 0
COMMUNITY HEALTH SYS INC NEW COM 203668108 2,576 40,911 SH   SOLE   40,911 0 0
CONNECTURE INC COM 20786J106 628 59,451 SH   SOLE   59,451 0 0
CONSUMER PORTFOLIO SVCS INC COM 210502100 1,647 263,490 SH   SOLE   263,490 0 0
CONTINENTAL BLDG PRODS INC COM 211171103 5,378 253,819 SH   SOLE   253,819 0 0
CORSICANTO LTD NOTE 3.500% 1/1 220480AB3 22,263 20,710,000 PRN   SOLE   20,710,000 0 0
COSAN LTD SHS A G25343107 532 86,340 SH   SOLE   86,340 0 0
COVENANT TRANSN GROUP INC CL A 22284P105 2,920 116,519 SH   SOLE   116,519 0 0
COWEN GROUP INC NEW NOTE 3.000% 3/1 223622AB7 13,056 10,000,000 PRN   SOLE   10,000,000 0 0
CRACKER BARREL OLD CTRY STOR COM 22410J106 7,150 47,934 SH   SOLE   47,934 0 0
CRAWFORD & CO CL A 224633206 79 10,336 SH   SOLE   10,336 0 0
CUMMINS INC COM 231021106 4,275 32,584 SH   SOLE   32,584 0 0
CUMULUS MEDIA INC CL A 231082108 472 232,368 SH   SOLE   232,368 0 0
CURRENCYSHARES EURO TR PUT 23130C958 2,718 9,000 SH Put SOLE   9,000 0 0
CYNOSURE INC CL A 232577205 3,141 81,414 SH   SOLE   81,414 0 0
DATALINK CORP COM 237934104 981 109,742 SH   SOLE   109,742 0 0
DEL FRISCOS RESTAURANT GROUP COM 245077102 2,623 140,816 SH   SOLE   140,816 0 0
DEPOMED INC COM 249908104 1,911 89,028 SH   SOLE   89,028 0 0
DESTINATION MATERNITY CORP COM 25065D100 3,186 273,200 SH   SOLE   273,200 0 0
DHI GROUP INC COM 23331S100 695 78,127 SH   SOLE   78,127 0 0
DIGITAL RLTY TR INC COM 253868103 313 4,700 SH   SOLE   4,700 0 0
DILLARDS INC CL A 254067101 3,560 33,844 SH   SOLE   33,844 0 0
DIRECTV COM 25490A309 9,975 107,500 SH   SOLE   107,500 0 0
DOLLAR GEN CORP NEW COM 256677105 5,344 68,741 SH   SOLE   68,741 0 0
DOLLAR TREE INC COM 256746108 5,074 64,235 SH   SOLE   64,235 0 0
DOMTAR CORP COM NEW 257559203 2,384 57,585 SH   SOLE   57,585 0 0
DONNELLEY R R & SONS CO COM 257867101 1,198 68,733 SH   SOLE   68,733 0 0
DR PEPPER SNAPPLE GROUP INC COM 26138E109 6,405 87,863 SH   SOLE   87,863 0 0
DYNAGAS LNG PARTNERS LP COM UNIT LTD PT Y2188B108 2,975 187,338 SH   SOLE   187,338 0 0
E M C CORP MASS COM 268648102 14,958 566,809 SH   SOLE   566,809 0 0
EBAY INC COM 278642103 26,216 435,193 SH   SOLE   435,193 0 0
EDISON INTL COM 281020107 295 5,300 SH   SOLE   5,300 0 0
ELECTRONIC ARTS INC COM 285512109 298 4,484 SH   SOLE   4,484 0 0
ELECTRONIC ARTS INC NOTE 0.750% 7/1 285512AA7 44,162 21,130,000 PRN   SOLE   21,130,000 0 0
EMBRAER S A SP ADR REP 4 COM 29082A107 288 9,522 SH   SOLE   9,522 0 0
EMCOR GROUP INC COM 29084Q100 6,251 130,850 SH   SOLE   130,850 0 0
ENCORE CAP GROUP INC COM 292554102 5,814 136,042 SH   SOLE   136,042 0 0
ENCORE CAP GROUP INC NOTE 3.000%11/2 292554AD4 40,727 28,681,000 PRN   SOLE   28,681,000 0 0
ENCORE CAP GROUP INC NOTE 3.000% 7/0 292554AF9 32,123 30,180,000 PRN   SOLE   30,180,000 0 0
ENCORE CAP GROUP INC NOTE 2.875% 3/1 292554AH5 7,828 8,429,000 PRN   SOLE   8,429,000 0 0
ENERSYS COM 29275Y102 3,792 53,944 SH   SOLE   53,944 0 0
EPLUS INC COM 294268107 604 7,884 SH   SOLE   7,884 0 0
EQT CORP COM 26884L109 1,192 14,655 SH   SOLE   14,655 0 0
EVERCORE PARTNERS INC CLASS A 29977A105 763 14,147 SH   SOLE   14,147 0 0
EXELIXIS INC NOTE 4.250% 8/1 30161QAC8 4,245 4,800,000 PRN   SOLE   4,800,000 0 0
EXTREME NETWORKS INC COM 30226D106 818 304,260 SH   SOLE   304,260 0 0
EXXON MOBIL CORP COM 30231G102 8,094 97,285 SH   SOLE   97,285 0 0
EZCORP INC CL A NON VTG 302301106 9,003 1,211,745 SH   SOLE   1,211,745 0 0
FACTSET RESH SYS INC COM 303075105 301 1,850 SH   SOLE   1,850 0 0
FEDERAL AGRIC MTG CORP CL C 313148306 2,588 89,048 SH   SOLE   89,048 0 0
FEDERAL SIGNAL CORP COM 313855108 680 45,574 SH   SOLE   45,574 0 0
FIDELITY NATL INFORMATION SV COM 31620M106 297 4,800 SH   SOLE   4,800 0 0
FINANCIAL INSTNS INC COM 317585404 1,516 61,031 SH   SOLE   61,031 0 0
FIRST BANCORP N C COM 318910106 706 42,344 SH   SOLE   42,344 0 0
FIRST MERCHANTS CORP COM 320817109 2,942 119,098 SH   SOLE   119,098 0 0
FLIR SYS INC COM 302445101 3,045 98,786 SH   SOLE   98,786 0 0
FLUOR CORP NEW COM 343412102 10,013 188,893 SH   SOLE   188,893 0 0
FONAR CORP COM NEW 344437405 1,202 113,675 SH   SOLE   113,675 0 0
FORTRESS INVESTMENT GROUP LL CL A 34958B106 4,450 609,614 SH   SOLE   609,614 0 0
GAIN CAP HLDGS INC COM 36268W100 706 73,887 SH   SOLE   73,887 0 0
GEO GROUP INC NEW COM 36162J106 594 17,402 SH   SOLE   17,402 0 0
GILEAD SCIENCES INC COM 375558103 6,975 59,577 SH   SOLE   59,577 0 0
GLOBAL CASH ACCESS HLDGS INC COM 378967103 2,817 363,901 SH   SOLE   363,901 0 0
GLOBAL EAGLE ENTMT INC COM 37951D102 1,574 120,890 SH   SOLE   120,890 0 0
GOGO INC COM 38046C109 635 29,636 SH   SOLE   29,636 0 0
GOL LINHAS AEREAS INTLG S A SP ADR REP PFD 38045R107 26,047 10,990,157 SH   SOLE   10,990,157 0 0
GOODYEAR TIRE & RUBR CO COM 382550101 2,703 89,653 SH   SOLE   89,653 0 0
GRAN TIERRA ENERGY INC COM 38500T101 7,087 2,378,318 SH   SOLE   2,378,318 0 0
GRAPHIC PACKAGING HLDG CO COM 388689101 716 51,405 SH   SOLE   51,405 0 0
GREATBATCH INC COM 39153L106 2,754 51,076 SH   SOLE   51,076 0 0
GREEN PLAINS INC NOTE 3.250%10/0 393222AD6 13,067 9,000,000 PRN   SOLE   9,000,000 0 0
GSV CAP CORP NOTE 5.250% 9/1 36191JAB7 3,358 3,500,000 PRN   SOLE   3,500,000 0 0
GULF RESOURCES INC COM PAR $0.0005 40251W309 315 152,392 SH   SOLE   152,392 0 0
HANNON ARMSTRONG SUST INFR C COM 41068X100 1,437 71,692 SH   SOLE   71,692 0 0
HD SUPPLY HLDGS INC COM 40416M105 1,967 55,910 SH   SOLE   55,910 0 0
HEALTH NET INC COM 42222G108 4,662 72,700 SH   SOLE   72,700 0 0
HEARTLAND EXPRESS INC COM 422347104 3,504 173,210 SH   SOLE   173,210 0 0
HERBALIFE LTD NOTE 2.000% 8/1 42703MAB9 70,087 79,250,000 PRN   SOLE   79,250,000 0 0
HERBALIFE LTD COM USD SHS G4412G101 17,089 310,198 SH   SOLE   310,198 0 0
HOMESTREET INC COM 43785V102 2,009 88,022 SH   SOLE   88,022 0 0
HORIZON BANCORP IND COM 440407104 1,154 46,228 SH   SOLE   46,228 0 0
HORNBECK OFFSHORE SVCS INC N COM 440543106 1,634 79,570 SH   SOLE   79,570 0 0
HUBBELL INC CL B 443510201 5,111 47,206 SH   SOLE   47,206 0 0
ICONIX BRAND GROUP INC NOTE 2.500% 6/0 451055AE7 13,179 12,850,000 PRN   SOLE   12,850,000 0 0
ILLUMINA INC COM 452327109 3,668 16,800 SH   SOLE   16,800 0 0
IMMERSION CORP COM 452521107 361 28,462 SH   SOLE   28,462 0 0
IMPERIAL HLDGS INC NOTE 8.500% 2/1 452834AE4 7,089 6,500,000 PRN   SOLE   6,500,000 0 0
INFUSYSTEM HLDGS INC COM 45685K102 1,065 333,750 SH   SOLE   333,750 0 0
INGRAM MICRO INC CL A 457153104 2,330 93,085 SH   SOLE   93,085 0 0
INOTEK PHARMACEUTICALS CORP NOTE 5.000% 2/1 45780VAA0 3,630 3,750,000 PRN   SOLE   3,750,000 0 0
INSTEEL INDUSTRIES INC COM 45774W108 1,276 68,250 SH   SOLE   68,250 0 0
INTEGRATED DEVICE TECHNOLOGY COM 458118106 3,915 180,432 SH   SOLE   180,432 0 0
INTERPUBLIC GROUP COS INC COM 460690100 4,576 237,487 SH   SOLE   237,487 0 0
IPC HEALTHCARE INC COM 44984A105 204 3,690 SH   SOLE   3,690 0 0
ISHARES TR MSCI EMG MKT ETF 464287234 33,180 837,454 SH   SOLE   837,454 0 0
ISHARES TR PUT 464287955 10,286 17,750 SH Put SOLE   17,750 0 0
ISIS PHARMACEUTICALS INC DEL NOTE 2.750%10/0 464337AG9 25,104 7,228,000 PRN   SOLE   7,228,000 0 0
J G WENTWORTH CO CL A 46618D108 9,062 984,947 SH   SOLE   984,947 0 0
JAKKS PAC INC COM 47012E106 1,706 172,453 SH   SOLE   172,453 0 0
JAZZ TECHNOLOGIES INC NEW NOTE 8.000%12/3 47214GAF4 16,770 10,114,000 PRN   SOLE   10,114,000 0 0
JETBLUE AIRWAYS CORP DBCV 6.750%10/1 477143AG6 39,495 9,259,000 PRN   SOLE   9,259,000 0 0
JMP GROUP LLC COM 46629U107 1,438 184,300 SH   SOLE   184,300 0 0
JOHNSON & JOHNSON COM 478160104 5,620 57,663 SH   SOLE   57,663 0 0
JOY GLOBAL INC COM 481165108 6,700 185,093 SH   SOLE   185,093 0 0
KKR & CO L P DEL COM UNITS 48248M102 5,179 226,652 SH   SOLE   226,652 0 0
KNIGHT TRANSN INC COM 499064103 2,949 110,283 SH   SOLE   110,283 0 0
KOHLS CORP COM 500255104 5,087 81,246 SH   SOLE   81,246 0 0
LABORATORY CORP AMER HLDGS COM NEW 50540R409 4,691 38,697 SH   SOLE   38,697 0 0
LANDSTAR SYS INC COM 515098101 2,926 43,752 SH   SOLE   43,752 0 0
LEUCADIA NATL CORP COM 527288104 6,908 284,494 SH   SOLE   284,494 0 0
LEVY ACQUISITION CORP COM 52748T104 3,912 257,051 SH   SOLE   257,051 0 0
LIBERTY MEDIA CORP DEB 4.000%11/1 530715AG6 18,032 29,201,000 PRN   SOLE   29,201,000 0 0
LIBERTY TAX INC CL A 53128T102 612 24,731 SH   SOLE   24,731 0 0
LIFEPOINT HEALTH INC COM 53219L109 2,521 28,998 SH   SOLE   28,998 0 0
LINCOLN NATL CORP IND COM 534187109 1,043 17,619 SH   SOLE   17,619 0 0
LITHIA MTRS INC CL A 536797103 1,554 13,732 SH   SOLE   13,732 0 0
LOWES COS INC COM 548661107 298 4,448 SH   SOLE   4,448 0 0
LUMENIS LTD SHS CL B M6778Q121 889 64,786 SH   SOLE   64,786 0 0
LYON WILLIAM HOMES CL A NEW 552074700 2,971 115,736 SH   SOLE   115,736 0 0
MAIDEN HOLDINGS LTD SHS G5753U112 1,507 95,528 SH   SOLE   95,528 0 0
MANPOWERGROUP INC COM 56418H100 5,853 65,482 SH   SOLE   65,482 0 0
MARKET VECTORS ETF TR GOLD MINER ETF 57060U100 21,984 1,237,830 SH   SOLE   1,237,830 0 0
MARKET VECTORS ETF TR JR GOLD MINERS E 57061R544 2,337 96,761 SH   SOLE   96,761 0 0
MARRIOTT VACATIONS WRLDWDE C COM 57164Y107 765 8,334 SH   SOLE   8,334 0 0
MATTSON TECHNOLOGY INC COM 577223100 622 185,725 SH   SOLE   185,725 0 0
MEDIVATION INC COM 58501N101 1,365 11,955 SH   SOLE   11,955 0 0
META FINL GROUP INC COM 59100U108 586 13,661 SH   SOLE   13,661 0 0
METHODE ELECTRS INC COM 591520200 3,608 131,448 SH   SOLE   131,448 0 0
MICHAEL KORS HLDGS LTD SHS G60754101 1,427 33,915 SH   SOLE   33,915 0 0
MICRON TECHNOLOGY INC COM 595112103 6,290 333,838 SH   SOLE   333,838 0 0
MICRON TECHNOLOGY INC CALL 595112903 2 300 SH Call SOLE   300 0 0
MILLER HERMAN INC COM 600544100 2,610 90,225 SH   SOLE   90,225 0 0
MIMEDX GROUP INC COM 602496101 776 66,922 SH   SOLE   66,922 0 0
MOTORCAR PTS AMER INC COM 620071100 2,577 85,651 SH   SOLE   85,651 0 0
NABORS INDUSTRIES LTD SHS G6359F103 5,208 360,924 SH   SOLE   360,924 0 0
NATIONAL WESTN LIFE INS CO CL A 638522102 2,131 8,898 SH   SOLE   8,898 0 0
NATIONSTAR MTG HLDGS INC COM 63861C109 3,521 209,580 SH   SOLE   209,580 0 0
NATURAL HEALTH TRENDS CORP COM PAR $.001 63888P406 372 8,979 SH   SOLE   8,979 0 0
NAVIGATOR HOLDINGS LTD SHS Y62132108 1,047 55,271 SH   SOLE   55,271 0 0
NAVIOS MARITIME HOLDINGS INC COM Y62196103 704 189,308 SH   SOLE   189,308 0 0
NELNET INC CL A 64031N108 7,586 175,158 SH   SOLE   175,158 0 0
NET 1 UEPS TECHNOLOGIES INC COM NEW 64107N206 1,066 58,302 SH   SOLE   58,302 0 0
NETAPP INC COM 64110D104 5,043 159,777 SH   SOLE   159,777 0 0
NEW RESIDENTIAL INVT CORP COM NEW 64828T201 833 54,685 SH   SOLE   54,685 0 0
NEW SR INVT GROUP INC COM 648691103 41,130 3,076,298 SH   SOLE   3,076,298 0 0
NEWCASTLE INVT CORP NEW COM PAR $0.01 65105M603 967 218,788 SH   SOLE   218,788 0 0
NEWMONT MINING CORP COM 651639106 4,551 194,807 SH   SOLE   194,807 0 0
NEXPOINT RESIDENTIAL TR INC COM 65341D102 1,712 127,484 SH   SOLE   127,484 0 0
NORTHSTAR RLTY FIN CORP COM NEW 66704R704 7,693 483,832 SH   SOLE   483,832 0 0
NORTHWEST BIOTHERAPEUTICS IN COM PAR $0.001 66737P600 1,597 160,818 SH   SOLE   160,818 0 0
NUVEEN MUN ADVANTAGE FD INC COM 67062H106 246 18,900 SH   SOLE   18,900 0 0
OCWEN FINL CORP COM NEW 675746309 54,926 5,384,892 SH   SOLE   5,384,892 0 0
OFFICE DEPOT INC COM 676220106 20,058 2,316,133 SH   SOLE   2,316,133 0 0
OI S.A. SPN ADR PFD NEW 670851401 1,585 829,932 SH   SOLE   829,932 0 0
OMNICARE INC COM 681904108 2,997 31,800 SH   SOLE   31,800 0 0
OMNOVA SOLUTIONS INC COM 682129101 933 124,600 SH   SOLE   124,600 0 0
OPPENHEIMER HLDGS INC CL A NON VTG 683797104 697 26,530 SH   SOLE   26,530 0 0
ORACLE CORP COM 68389X105 7,884 195,630 SH   SOLE   195,630 0 0
ORBOTECH LTD ORD M75253100 2,623 126,099 SH   SOLE   126,099 0 0
OWENS ILL INC COM NEW 690768403 2,367 103,181 SH   SOLE   103,181 0 0
PACIFIC ETHANOL INC COM PAR $.001 69423U305 276 26,718 SH   SOLE   26,718 0 0
PACIFIC PREMIER BANCORP COM 69478X105 1,704 100,465 SH   SOLE   100,465 0 0
PACIRA PHARMACEUTICALS INC NOTE 3.250% 2/0 695127AB6 66,667 23,397,000 PRN   SOLE   23,397,000 0 0
PAR PETE CORP COM NEW 69888T207 133,083 8,616,576 SH   SOLE   8,616,576 0 0
PARK OHIO HLDGS CORP COM 700666100 302 6,230 SH   SOLE   6,230 0 0
PBF ENERGY INC CL A 69318G106 6,804 239,412 SH   SOLE   239,412 0 0
PC-TEL INC COM 69325Q105 527 73,350 SH   SOLE   73,350 0 0
PENN VA CORP COM 707882106 50 11,500 SH   SOLE   11,500 0 0
PEPSICO INC COM 713448108 5,535 59,297 SH   SOLE   59,297 0 0
PERION NETWORK LTD SHS M78673106 1,522 536,075 SH   SOLE   536,075 0 0
PIER 1 IMPORTS INC COM 720279108 9,723 769,840 SH   SOLE   769,840 0 0
PINNACLE FOODS INC DEL COM 72348P104 4,441 97,508 SH   SOLE   97,508 0 0
PLANAR SYS INC COM 726900103 2,224 510,162 SH   SOLE   510,162 0 0
PLANET PAYMENT INC SHS U72603118 648 267,738 SH   SOLE   267,738 0 0
PLY GEM HLDGS INC COM 72941W100 2,106 178,636 SH   SOLE   178,636 0 0
POWER SOLUTIONS INTL INC COM NEW 73933G202 1,900 35,180 SH   SOLE   35,180 0 0
POWERSECURE INTL INC COM 73936N105 4,416 299,175 SH   SOLE   299,175 0 0
PPL CORP COM 69351T106 295 10,014 SH   SOLE   10,014 0 0
PREFERRED APT CMNTYS INC COM 74039L103 2,369 238,098 SH   SOLE   238,098 0 0
PREMIERE GLOBAL SVCS INC COM 740585104 757 73,583 SH   SOLE   73,583 0 0
PRICELINE GRP INC COM NEW 741503403 3,072 2,668 SH   SOLE   2,668 0 0
PROFIRE ENERGY INC COM 74316X101 173 154,825 SH   SOLE   154,825 0 0
QIHOO 360 TECHNOLOGY CO LTD ADS 74734M109 9,477 140,000 SH   SOLE   140,000 0 0
QUALCOMM INC COM 747525103 6,388 101,988 SH   SOLE   101,988 0 0
QUANTUM CORP COM DSSG 747906204 4,197 2,498,145 SH   SOLE   2,498,145 0 0
QUINTILES TRANSNATIO HLDGS I COM 74876Y101 4,817 66,336 SH   SOLE   66,336 0 0
RAIT FINANCIAL TRUST COM NEW 749227609 3,649 597,144 SH   SOLE   597,144 0 0
RAMCO-GERSHENSON PPTYS TR COM SH BEN INT 751452202 297 18,188 SH   SOLE   18,188 0 0
RANGE RES CORP COM 75281A109 967 19,584 SH   SOLE   19,584 0 0
RCI HOSPITALITY HLDGS INC COM 74934Q108 2,327 195,546 SH   SOLE   195,546 0 0
RCS CAP CORP COM CL A 74937W102 393 51,289 SH   SOLE   51,289 0 0
REAL IND INC COM 75601W104 771 67,914 SH   SOLE   67,914 0 0
REGIONS FINL CORP NEW COM 7591EP100 8,139 785,647 SH   SOLE   785,647 0 0
REMY INTL INC NEW COM 75971M108 3,259 147,399 SH   SOLE   147,399 0 0
REPUBLIC AWYS HLDGS INC COM 760276105 1,356 147,746 SH   SOLE   147,746 0 0
RESTORATION HARDWARE HLDGS I COM 761283100 537 5,500 SH   SOLE   5,500 0 0
RESTORATION HARDWARE HLDS I DBCV 7/1 761283AB6 8,938 9,000,000 PRN   SOLE   9,000,000 0 0
RETRACTABLE TECHNOLOGIES INC COM 76129W105 682 179,401 SH   SOLE   179,401 0 0
REX AMERICAN RESOURCES CORP COM 761624105 1,025 16,105 SH   SOLE   16,105 0 0
RIGHTSIDE GROUP LTD COM 76658B100 401 59,194 SH   SOLE   59,194 0 0
RITE AID CORP COM 767754104 5,993 717,713 SH   SOLE   717,713 0 0
ROCKY BRANDS INC COM 774515100 1,749 93,554 SH   SOLE   93,554 0 0
RTI SURGICAL INC COM 74975N105 2,595 401,703 SH   SOLE   401,703 0 0
RUCKUS WIRELESS INC COM 781220108 1,396 134,970 SH   SOLE   134,970 0 0
RYANAIR HLDGS PLC SPONSORED ADR 783513104 11,260 157,809 SH   SOLE   157,809 0 0
SAFE BULKERS INC COM Y7388L103 464 144,088 SH   SOLE   144,088 0 0
SAFEGUARD SCIENTIFICS INC DBCV 5.250% 5/1 786449AK4 9,537 7,614,000 PRN   SOLE   7,614,000 0 0
SAGENT PHARMACEUTICALS INC COM 786692103 1,994 82,019 SH   SOLE   82,019 0 0
SANDISK CORP NOTE 1.500% 8/1 80004CAD3 17,840 13,796,000 PRN   SOLE   13,796,000 0 0
SANFILIPPO JOHN B & SON INC COM 800422107 766 14,757 SH   SOLE   14,757 0 0
SANOFI RIGHT 12/31/2020 80105N113 14,101 20,144,257 SH   SOLE   20,144,257 0 0
SELECT COMFORT CORP COM 81616X103 11,725 389,907 SH   SOLE   389,907 0 0
SELECT SECTOR SPDR TR SBI INT-INDS 81369Y704 7,324 135,471 SH   SOLE   135,471 0 0
SELECT SECTOR SPDR TR CALL 81369Y905 85 5,000 SH Call SOLE   5,000 0 0
SEQUANS COMMUNICATIONS S A SPONSORED ADS 817323108 605 353,953 SH   SOLE   353,953 0 0
SFX ENTMT INC COM 784178303 9,914 2,207,921 SH   SOLE   2,207,921 0 0
SONIC AUTOMOTIVE INC CL A 83545G102 3,198 134,200 SH   SOLE   134,200 0 0
SOTHEBYS COM 835898107 8,249 182,344 SH   SOLE   182,344 0 0
SPARTANNASH CO COM 847215100 1,485 45,635 SH   SOLE   45,635 0 0
SPDR S&P 500 ETF TR CALL 78462F903 462 6,500 SH Call SOLE   6,500 0 0
SPDR S&P 500 ETF TR PUT 78462F953 14,464 19,000 SH Put SOLE   19,000 0 0
STAPLES INC COM 855030102 6,301 411,555 SH   SOLE   411,555 0 0
STEINER LEISURE LTD ORD P8744Y102 2,561 47,622 SH   SOLE   47,622 0 0
STONEGATE MTG CORP COM 86181Q300 6,632 658,600 SH   SOLE   658,600 0 0
SUCAMPO PHARMACEUTICALS INC CL A 864909106 3,170 192,970 SH   SOLE   192,970 0 0
SUMMER INFANT INC COM 865646103 614 303,916 SH   SOLE   303,916 0 0
SUNCOKE ENERGY PARTNERS L P COMUNIT REP LT 86722Y101 911 53,255 SH   SOLE   53,255 0 0
SUNPOWER CORP DBCV 0.750% 6/0 867652AG4 3,200 2,500,000 PRN   SOLE   2,500,000 0 0
SUNSTONE HOTEL INVS INC NEW COM 867892101 312 20,756 SH   SOLE   20,756 0 0
SUPERCOM LTD NEW SHS NEW M87095119 1,244 98,081 SH   SOLE   98,081 0 0
SUPERNUS PHARMACEUTICALS INC COM 868459108 2,380 140,147 SH   SOLE   140,147 0 0
SYNAPTICS INC COM 87157D109 1,158 13,353 SH   SOLE   13,353 0 0
SYNERGETICS USA INC COM 87160G107 1,255 266,961 SH   SOLE   266,961 0 0
SYNERON MEDICAL LTD ORD SHS M87245102 796 74,947 SH   SOLE   74,947 0 0
SYSCO CORP COM 871829107 4,993 138,319 SH   SOLE   138,319 0 0
TELEFLEX INC NOTE 3.875% 8/0 879369AA4 45,343 20,558,000 PRN   SOLE   20,558,000 0 0
TELENAV INC COM 879455103 698 86,728 SH   SOLE   86,728 0 0
TESLA MTRS INC NOTE 1.500% 6/0 88160RAA9 113,134 51,956,000 PRN   SOLE   51,956,000 0 0
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TEXAS ROADHOUSE INC COM 882681109 5,319 142,099 SH   SOLE   142,099 0 0
TIME INC NEW COM 887228104 1,889 82,111 SH   SOLE   82,111 0 0
TIME WARNER CABLE INC COM 88732J207 9,332 52,379 SH   SOLE   52,379 0 0
TITAN MACHY INC NOTE 3.750% 5/0 88830RAB7 13,745 16,750,000 PRN   SOLE   16,750,000 0 0
TOWER INTL INC COM 891826109 8,058 309,338 SH   SOLE   309,338 0 0
TRIMAS CORP COM NEW 896215209 3,023 102,130 SH   SOLE   102,130 0 0
TUTOR PERINI CORP COM 901109108 2,150 99,646 SH   SOLE   99,646 0 0
UDR INC COM 902653104 301 9,400 SH   SOLE   9,400 0 0
UNITED CONTL HLDGS INC COM 910047109 9,188 173,334 SH   SOLE   173,334 0 0
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UNITED TECHNOLOGIES CORP COM 913017109 4,069 36,677 SH   SOLE   36,677 0 0
UNITEDHEALTH GROUP INC COM 91324P102 6,957 57,024 SH   SOLE   57,024 0 0
UNIVEST CORP PA COM 915271100 733 36,026 SH   SOLE   36,026 0 0
USA TECHNOLOGIES INC CONV PFD SER A 90328S203 1,243 70,354 SH   SOLE   70,354 0 0
VANTAGE DRILLING COMPANY ORD SHS G93205113 69 365,699 SH   SOLE   365,699 0 0
VERTEX PHARMACEUTICALS INC COM 92532F100 1,633 13,224 SH   SOLE   13,224 0 0
VISHAY PRECISION GROUP INC COM 92835K103 1,317 87,422 SH   SOLE   87,422 0 0
VITAMIN SHOPPE INC COM 92849E101 2,765 74,200 SH   SOLE   74,200 0 0
WALGREENS BOOTS ALLIANCE INC COM 931427108 8,174 96,802 SH   SOLE   96,802 0 0
WALKER & DUNLOP INC COM 93148P102 755 28,228 SH   SOLE   28,228 0 0
WAL-MART STORES INC COM 931142103 4,799 67,664 SH   SOLE   67,664 0 0
WEB COM GROUP INC COM 94733A104 312 12,879 SH   SOLE   12,879 0 0
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WESCO INTL INC COM 95082P105 5,364 78,152 SH   SOLE   78,152 0 0
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WHIRLPOOL CORP COM 963320106 5,010 28,953 SH   SOLE   28,953 0 0
WHOLE FOODS MKT INC COM 966837106 8,633 218,882 SH   SOLE   218,882 0 0
WIDEPOINT CORP COM 967590100 471 282,165 SH   SOLE   282,165 0 0
WILLIAMS SONOMA INC COM 969904101 313 3,800 SH   SOLE   3,800 0 0
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XCERRA CORP COM 98400J108 777 102,589 SH   SOLE   102,589 0 0
XEROX CORP COM 984121103 4,847 455,591 SH   SOLE   455,591 0 0
YAHOO INC COM 984332106 26,914 685,000 SH   SOLE   685,000 0 0
YELP INC PUT 985817955 207 300 SH Put SOLE   300 0 0