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
AK STL CORP NOTE 5.000%11/1 001546AP5 13,272 8,700,000 PRN   SOLE   8,700,000 0 0
AMAG PHARMACEUTICALS INC NOTE 2.500% 2/1 00163UAA4 12,472 12,250,000 PRN   SOLE   12,250,000 0 0
ALPHA NATURAL RESOURCES INC NOTE 3.750%12/1 02076XAE2 4,240 5,000,000 PRN   SOLE   5,000,000 0 0
AMERICAN RLTY CAP PPTYS INC NOTE 3.000% 8/0 02917TAA2 25,470 24,000,000 PRN   SOLE   24,000,000 0 0
APOLLO COML REAL EST FIN INC NOTE 5.500% 3/1 03762UAA3 5,100 5,000,000 PRN   SOLE   5,000,000 0 0
BPZ RESOURCES INC NOTE 8.500%10/0 055639AC2 14,616 12,600,000 PRN   SOLE   12,600,000 0 0
BLACKSTONE MTG TR INC NOTE 5.250%12/0 09257WAA8 12,981 11,700,000 PRN   SOLE   11,700,000 0 0
CASTLE A M & CO NOTE 7.000%12/1 148411AF8 12,910 8,000,000 PRN   SOLE   8,000,000 0 0
CEMEX SAB DE CV NOTE 3.250% 3/1 151290BB8 34,731 25,250,000 PRN   SOLE   25,250,000 0 0
DFC GLOBAL CORP NOTE 3.250% 4/1 23324TAB3 1,280 1,500,000 PRN   SOLE   1,500,000 0 0
DOLLAR FINL CORP NOTE 3.000% 4/0 256664AC7 7,905 8,500,000 PRN   SOLE   8,500,000 0 0
ENDO HEALTH SOLUTIONS INC NOTE 1.750% 4/1 29264FAB2 114,722 48,740,000 PRN   SOLE   48,740,000 0 0
EXELIXIS INC NOTE 4.250% 8/1 30161QAC8 3,148 3,550,000 PRN   SOLE   3,550,000 0 0
FLUIDIGM CORP DEL NOTE 2.750% 2/0 34385PAA6 5,697 5,000,000 PRN   SOLE   5,000,000 0 0
GENCORP INC SDCV 4.062%12/3 368682AN0 40,688 20,000,000 PRN   SOLE   20,000,000 0 0
GROUP 1 AUTOMOTIVE INC FRNT 2.250% 6/1 398905AE9 18,433 15,250,000 PRN   SOLE   15,250,000 0 0
L-3 COMMUNICATIONS CORP DEBT 3.000% 8/0 502413AW7 43,372 32,542,000 PRN   SOLE   32,542,000 0 0
LINEAR TECHNOLOGY CORP NOTE 3.000% 5/0 535678AC0 51,705 43,313,000 PRN   SOLE   43,313,000 0 0
MERRIMACK PHARMACEUTICALS IN NOTE 4.500% 7/1 590328AA8 4,095 4,000,000 PRN   SOLE   4,000,000 0 0
MICRON TECHNOLOGY INC NOTE 2.375% 5/0 595112AW3 128,665 51,070,000 PRN   SOLE   51,070,000 0 0
MOLYCORP INC DEL NOTE 6.000% 9/0 608753AF6 12,164 15,300,000 PRN   SOLE   15,300,000 0 0
NEWPARK RES INC NOTE 4.000%10/0 651718AC2 14,322 11,124,000 PRN   SOLE   11,124,000 0 0
PDL BIOPHARMA INC NOTE 4.000% 2/0 69329YAF1 17,596 16,600,000 PRN   SOLE   16,600,000 0 0
PHH CORP NOTE 4.000% 9/0 693320AN3 15,714 14,450,000 PRN   SOLE   14,450,000 0 0
RF MICRODEVICES INC NOTE 1.000% 4/1 749941AJ9 17,192 17,022,000 PRN   SOLE   17,022,000 0 0
SOLARFUN POWER HOLDINGS CO L NOTE 3.500% 1/1 83415UAB4 5,879 6,425,000 PRN   SOLE   6,425,000 0 0
STARWOOD PPTY TR INC NOTE 4.000% 1/1 85571BAB1 36,600 32,000,000 PRN   SOLE   32,000,000 0 0
STILLWATER MNG CO NOTE 1.750%10/1 86074QAL6 16,861 13,000,000 PRN   SOLE   13,000,000 0 0
TAKE-TWO INTERACTIVE SOFTWAR NOTE 1.750%12/0 874054AC3 10,257 7,800,000 PRN   SOLE   7,800,000 0 0
TESLA MTRS INC NOTE 0.250% 3/0 88160RAB7 15,691 17,000,000 PRN   SOLE   17,000,000 0 0
TESLA MTRS INC NOTE 1.250% 3/0 88160RAC5 9,083 10,000,000 PRN   SOLE   10,000,000 0 0
UNITED STATES STL CORP NEW NOTE 4.000% 5/1 912909AE8 6,060 6,000,000 PRN   SOLE   6,000,000 0 0
VECTOR GROUP LTD FRNT 1/1 92240MAY4 17,794 13,000,000 PRN   SOLE   13,000,000 0 0
VIPSHOP HLDGS LTD NOTE 1.500% 3/1 92763WAA1 10,150 10,000,000 PRN   SOLE   10,000,000 0 0
WESTERN REFNG INC NOTE 5.750% 6/1 959319AC8 40,617 10,000,000 PRN   SOLE   10,000,000 0 0
COBALT INTL ENERGY INC COM 19075F106 6,203 338,600 SH Call SOLE   338,600 0 0
PENNEY J C INC COM 708160106 11,551 1,340,000 SH Call SOLE   1,340,000 0 0
MANNKIND CORP COM 56400P201 603 150,000 SH Call SOLE   150,000 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 215,061 1,150,000 SH Put SOLE   400,000 0 0
STARWOOD PPTY TR INC COM 85571B105 753 31,900 SH Call SOLE   31,900 0 0
SUNEDISON INC COM 86732Y109 1,053 55,900 SH Put SOLE   55,900 0 0
SAFEWAY INC COM NEW 786514208 1,847 50,000 SH Call SOLE   50,000 0 0
UNITED STATES STL CORP NEW COM 912909108 2,761 100,000 SH Call SOLE   100,000 0 0
ADVAXIS INC COM NEW 007624208 1,256 400,000 SH   SOLE   400,000 0 0
BPZ RESOURCES INC COM 055639108 412 129,707 SH   SOLE   129,707 0 0
CARRIAGE SVCS INC COM 143905107 339 18,560 SH   SOLE   18,560 0 0
CUBIST PHARMACEUTICALS INC RIGHT 99/99/9999 229678123 1,663 2,558,079 SH   SOLE   2,558,079 0 0
HOLOGIC INC COM 436440101 3,541 164,700 SH   SOLE   164,700 0 0
MOLYCORP INC DEL COM 608753109 1,016 216,700 SH   SOLE   216,700 0 0
FUELCELL ENERGY INC COM 35952H106 1,507 607,745 SH   SOLE   607,745 0 0
SANOFI RIGHT 12/31/2020 80105N113 491 1,582,410 SH   SOLE   1,582,410 0 0
SOLAZYME INC COM 83415T101 581 50,000 SH   SOLE   50,000 0 0
VRINGO INC COM 92911N104 1,613 464,844 SH   SOLE   464,844 0 0
ADVAXIS INC *W EXP 07/15/201 007624117 277 88,350 SH   SOLE   88,350 0 0
CITIGROUP INC *W EXP 01/04/201 172967226 98,338 2,065,974 SH   SOLE   2,065,974 0 0
CITIGROUP INC *W EXP 10/28/201 172967234 85,359 1,793,300 SH   SOLE   1,793,300 0 0
KINDER MORGAN INC DEL *W EXP 05/25/201 49456B119 76,806 2,364,000 SH   SOLE   2,364,000 0 0
Ciena Corp Note 4.0000% 15-Mar-2015 171779AF8 13,784 11,000,000 PRN   SOLE   11,000,000 0 0
Forest City Enterprises Note 3.6250% 15-Aug-2020 345550AQ0 15,600 15,000,000 PRN   SOLE   15,000,000 0 0
Titan International Note 5.6250% 15-Jan-2017 888305AA7 13,653 6,835,000 PRN   SOLE   6,835,000 0 0
XM Satellite Radio Note 7.0000% 01-Dec-2014 98375YAU0 66,479 37,400,000 PRN   SOLE   37,400,000 0 0