ALON USA ENERGY INC COM 020520102 2028 248500 SH SOLE 137222 0 111278 ATLANTICUS HOLDINGS CORP COM 04914Y102 293 79300 SH SOLE 79300 0 0 DELL INC COM 24702R101 1314 96000 SH SOLE 88598 0 7402 DRYSHIPS INC COM Y2109Q101 305 100000 SH SOLE 62683 0 37317 INTEL CORP COM 458140100 1714 89300 SH SOLE 53322 0 35978 ISHARES MSCI BRAZIL CAPPED IND COM 464286400 7162 150000 SH SOLE 141200 0 8800 MOLYCORP INC COM 608753109 3386 516100 SH SOLE 516100 0 0 S&P 500 DEPOSITORY RECEIPT COM 78462F103 19273 115895 SH SOLE 103899 0 11996 ALERE INC 3% 31DEC49 SER B PFD CVPFD 01449J204 81601 342793 SH SOLE 241615 0 101178 GEN MOTORS CV SR B 01DEC13 CVPFD 37045V209 9913 250000 SH SOLE 136178 0 113822 WEYERHAEUSER CO 6.375 1JUL16 A CVPFD 962166872 1044 25000 SH SOLE 13600 0 11400 GENERAL MOTORS-CW15 RT 37045V134 2554 750000 SH SOLE 456613 0 293387 GENERAL MOTORS-CW19 RT 37045V126 7165 406013 SH SOLE 306774 0 99239 ALCOA INC 5.25% 15MAR14 SDBCV 013817AT8 1225 1200000 PRN SOLE 652000 0 548000 ARCHER DANIELS .875% 15FEB14 SDBCV 039483AW2 20792 28543000 PRN SOLE 13314000 0 15229000 ARRIS GRP CV 2% 15NOV2026 SDBCV 04269QAC4 860 1000000 PRN SOLE 554000 0 446000 AVIS BUDGET GROUP INC SDBCV 053774AB1 1446 1000000 PRN SOLE 547000 0 453000 BOTTOMLINE TECH 1.5% 01DEC17 SDBCV 101388AA4 1001 1000000 PRN SOLE 633000 0 367000 CACI INTER CV 2.125% 01MAY14 SDBCV 127190AD8 5136 5000000 PRN SOLE 2789000 0 2211000 FORESTAR GROUP INC 3.75%1MAR20 SDBCV 346232AB7 21627 21725000 PRN SOLE 13531000 0 8194000 INTEGRA LIFESCIE 1.625 15DEC16 SDBCV 457985AK5 600 700000 PRN SOLE 423000 0 277000 INTERDIGITAL INC 2.5% 15MAR16 SDBCV 458660AB3 285 300000 PRN SOLE 206000 0 94000 L-3 COMMS HLDGS INC 3 1AUG2035 SDBCV 502413AW7 5488 5898000 PRN SOLE 3625000 0 2273000 LIVE NATION ENT 2.875% 15JUL27 SDBCV 538034AB5 4923 5550000 PRN SOLE 3512000 0 2038000 MGIC INVESTMENT CO 2% 1APR20 SDBCV 552848AE3 5697 5629000 PRN SOLE 3075000 0 2554000 MOLYCORP INC 5.5% 1FEB18 SDBCV 608753AH2 39341 41293000 PRN SOLE 29963000 0 11330000 OMNICARE INC CV 3.25% 15DEC203 SDBCV 681904AL2 8382 9000000 PRN SOLE 5809000 0 3191000 PDL BIO PHARMA 3.75% 01MAY15 SDBCV 69329YAC8 24195 20750000 PRN SOLE 14088000 0 6662000 PRICELINE.COM INC 1.25 15MAR15 SDBCV 741503AN6 1443 550000 PRN SOLE 296000 0 254000 RADIAN GROUP CV 2.25% 01MAR19 SDBCV 750236AN1 3309 2879000 PRN SOLE 1548000 0 1331000 STARWOOD PROPERTY 4% 15JAN19 SDBCV 85571BAB1 2674 3750000 PRN SOLE 1652000 0 2098000 STARWOOD PROPERTY 4.55% 1MAR18 SDBCV 85571BAA3 3251 4450000 PRN SOLE 2018000 0 2432000 STERLITE INDUSTRIE 4%30OCT14 SDBCV 859737AB4 4805 5448000 PRN SOLE 3708000 0 1740000 SUNPOWER CORP 4.5% 15MAR15 SDBCV 867652AE9 10360 10913000 PRN SOLE 5165000 0 5748000 SUNPOWER CORP 4.75% 15APR14 SDBCV 867652AC3 18318 20280000 PRN SOLE 11032000 0 9248000 TAKE-TWO INTE 1.75% 01DEC16 A SDBCV 874054AC3 89 108000 PRN SOLE 48000 0 60000 TAKE-TWO INTERACTIVE 1% 1JUL18 SDBCV 874054AD1 8737 10750000 PRN SOLE 5203000 0 5547000 TIBCO SOFTWARE INC 2.25%1MAY32 SDBCV 88632QAB9 6041 7500000 PRN SOLE 4085000 0 3415000 VECTOR GROUP FRN 15JUN2026 SDBCV 92240MAL2 21675 20748000 PRN SOLE 15744000 0 5004000 WEB.COM GROUP INC 1% 15AUG18 SDBCV 94733AAA2 22961 24100000 PRN SOLE 14357000 0 9743000 BANK OF AMERICA CORP COM 060505104 2083 151300 SH Call SOLE 0 0 0 CITIGROUP INC COM 172967424 4837 100000 SH Call SOLE 0 0 0 DELL INC COM 24702R101 41982 3064300 SH Call SOLE 0 0 0 MICRON TECH INC COM 595112103 6686 384000 SH Call SOLE 0 0 0 MORGAN STANLEY COM 617446448 5375 200000 SH Call SOLE 0 0 0 S&P 500 DEPOSITORY RECEIPT COM 78462F103 99169 614400 SH Call SOLE 0 0 0 SPDR S&P HOMEBUILDERS ETF COM 78464A888 6055 200000 SH Call SOLE 0 0 0 GENCO SHIPPING & TRADING LTD COM Y2685T107 779 200000 SH Put SOLE 0 0 0 IPATH S&P 500 VIX S/T FU ETN COM 06740C188 7279 500000 SH Put SOLE 0 0 0 ISHARES MSCI BRAZIL CAPPED IND COM 464286400 7162 150000 SH Put SOLE 0 0 0 S&P 500 DEPOSITORY RECEIPT COM 78462F103 33293 200000 SH Put SOLE 0 0 0 UNITED STATES OIL FUND LP COM 91232N108 3668 100500 SH Put SOLE 0 0 0 OCEAN RIG UDW INC - W/I COM Y64354205 303 16826 SH SOLE 15095 0 1731