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 6,889 63,000 SH Call SOLE none 63,000 0 0
3M CO COM 88579Y101 5,839 53,400 SH Put SOLE none 53,400 0 0
ABBVIE INC COM 00287Y109 5,750 139,100 SH Call SOLE none 139,100 0 0
ABBVIE INC COM 00287Y109 4,770 115,400 SH Put SOLE none 115,400 0 0
ACTAVIS INC COM 00507K103 7,633 60,469 SH   SOLE none 60,469 0 0
ACTIVISION BLIZZARD INC COM 00507V109 1,497 105,000 SH   SOLE none 105,000 0 0
ADVANCED MICRO DEVICES DEBT 007903AL1 2,069 2,030,000 PRN   SOLE none 2,030,000 0 0
AETNA INC COM 00817Y108 41,991 660,842 SH   SOLE none 660,842 0 0
AIR METHODS CORP COM 009128307 246 7,265 SH   SOLE none 7,265 0 0
AK STEEL HOLDING CORP COM 001547108 1,802 592,600 SH   SOLE none 592,600 0 0
ALLEGHENY TECHNOLOGIES DEBT 01741RAD4 4,137 4,000,000 PRN   SOLE none 4,000,000 0 0
ALLSTATE CORP COM 020002101 23,818 494,966 SH   SOLE none 494,966 0 0
ALTISOURCE RESIDENTIAL CORP COM 02153W100 612 36,654 SH   SOLE none 36,654 0 0
ALTRIA GROUP INC COM 02209S103 927 26,502 SH   SOLE none 26,502 0 0
ALTRIA GROUP INC COM 02209S103 7,372 210,700 SH Call SOLE none 210,700 0 0
ALTRIA GROUP INC COM 02209S103 3,852 110,100 SH Put SOLE none 110,100 0 0
AMAZON.COM INC COM 023135106 9,996 36,000 SH Call SOLE none 36,000 0 0
AMAZON.COM INC COM 023135106 8,580 30,900 SH Put SOLE none 30,900 0 0
AMBIT BIOSCIENCES CORP COM 02318X100 1,219 174,100 SH   SOLE none 174,100 0 0
AMERICAN CAMPUS COMMUNITIES REIT 024835100 11,902 292,700 SH   SOLE none 292,700 0 0
AMERICAN CAPITAL AGENCY CORP REIT 02503X105 28,466 1,237,138 SH   SOLE none 1,237,138 0 0
AMERICAN CAPITAL LTD COM 02503Y103 95,760 7,557,950 SH   SOLE none 7,557,950 0 0
AMERICAN CAPITAL MORTGAGE IN REIT 02504A104 62,969 3,503,152 SH   SOLE none 3,503,152 0 0
AMERICAN EXPRESS CO COM 025816109 7,125 95,300 SH Call SOLE none 95,300 0 0
AMERICAN EXPRESS CO COM 025816109 6,392 85,500 SH Put SOLE none 85,500 0 0
AMERICAN INTERNATIONAL GROUP COM 026874784 1,202 26,900 SH Call SOLE none 26,900 0 0
AMERICAN INTERNATIONAL GROUP COM 026874784 1,202 26,900 SH Put SOLE none 26,900 0 0
AMGEN INC COM 031162100 3,247 32,908 SH   SOLE none 32,908 0 0
AMGEN INC COM 031162100 7,094 71,900 SH Call SOLE none 71,900 0 0
AMGEN INC COM 031162100 6,848 69,400 SH Put SOLE none 69,400 0 0
AMTRUST FINANCIAL SERVIC DEBT 032359AC5 37,728 26,900,000 PRN   SOLE none 26,900,000 0 0
ANADARKO PETROLEUM CORP COM 032511107 20,237 235,503 SH   SOLE none 235,503 0 0
ANDINA ACQUISITION CORP COM G0440W100 1,163 116,944 SH   SOLE none 116,944 0 0
ANDINA ACQUISITION CORP WRT G0440W126 71 295,100 SH   SOLE none 295,100 0 0
ANNALY CAPITAL MANAGEMENT IN REIT 035710409 44,274 3,522,200 SH Call SOLE none 3,522,200 0 0
ANNALY CAPITAL MGMT DEBT 035710AB8 167,037 165,597,000 PRN   SOLE none 99,999,999 0 0
ANWORTH MORTGAGE ASSET CORP REIT 037347101 54,690 9,765,815 SH   SOLE none 9,765,815 0 0
APACHE CORP COM 037411105 8,495 101,331 SH   SOLE none 101,331 0 0
APOLLO INVESTMENT CORP COM 03761U106 14,003 1,809,317 SH   SOLE none 1,809,317 0 0
APOLLO RESIDENTIAL MORTGAGE REIT 03763V102 23,891 1,449,642 SH   SOLE none 1,449,642 0 0
APPLE INC COM 037833100 12,459 31,419 SH   SOLE none 31,419 0 0
APPLE INC COM 037833100 85,292 215,100 SH Call SOLE none 215,100 0 0
APPLE INC COM 037833100 63,603 160,400 SH Put SOLE none 160,400 0 0
AQUASITION CORP COM Y0192H103 2,469 249,900 SH   SOLE none 249,900 0 0
AQUASITION CORP WRT Y0192H111 62 256,600 SH   SOLE none 256,600 0 0
ARBITRON INC COM 03875Q108 24,122 519,307 SH   SOLE none 519,307 0 0
ARES CAPITAL CORP COM 04010L103 5,875 341,598 SH   SOLE none 341,598 0 0
ARES CAPITAL CORP DEBT 04010LAD5 6,924 6,500,000 PRN   SOLE none 6,500,000 0 0
ARGO GROUP INTERNATIONAL COM G0464B107 3,106 73,260 SH   SOLE none 73,260 0 0
ARMOUR RESIDENTIAL REIT INC REIT 042315101 49,070 10,418,348 SH   SOLE none 10,418,348 0 0
ARMOUR RESIDENTIAL REIT INC WRT 042315119 50 5,036,672 SH   SOLE none 5,036,672 0 0
AT&;T INC COM 00206R102 12,543 354,314 SH   SOLE none 354,314 0 0
AT&;T INC COM 00206R102 19,541 552,000 SH Call SOLE none 552,000 0 0
AT&;T INC COM 00206R102 18,015 508,900 SH Put SOLE none 508,900 0 0
ATLAS FINANCIAL HOLDINGS INC COM G06207115 378 42,209 SH   SOLE none 42,209 0 0
AUTODESK INC COM 052769106 776 22,877 SH   SOLE none 22,877 0 0
AVALONBAY COMMUNITIES INC REIT 053484101 21,741 161,150 SH   SOLE none 161,150 0 0
BAIDU INC - SPON ADR ADR 056752108 4,730 50,000 SH   SOLE none 50,000 0 0
BALTIC TRADING LTD COM Y0553W103 1,205 325,000 SH   SOLE none 325,000 0 0
BANK OF AMERICA CORP COM 060505104 12,766 992,700 SH Call SOLE none 992,700 0 0
BANK OF AMERICA CORP COM 060505104 10,579 822,600 SH Put SOLE none 822,600 0 0
BANK OF MONTREAL COM 063671101 19,063 312,500 SH Put SOLE none 312,500 0 0
BANK OF NOVA SCOTIA COM 064149107 9,128 162,500 SH Put SOLE none 162,500 0 0
BEAZER HOMES USA INC COM 07556Q881 9,713 554,415 SH   SOLE none 554,415 0 0
BERKSHIRE HATHAWAY INC-CL B COM 084670702 11,102 99,200 SH Call SOLE none 99,200 0 0
BERKSHIRE HATHAWAY INC-CL B COM 084670702 11,046 98,700 SH Put SOLE none 98,700 0 0
BGS ACQUISITION CORP COM G1082J100 4,165 411,500 SH   SOLE none 411,500 0 0
BGS ACQUISITION CORP WRT G1082J118 135 676,000 SH   SOLE none 676,000 0 0
BIOAMBER INC COM 09072Q106 3,655 537,500 SH   SOLE none 537,500 0 0
BIOAMBER INC WRT 09072Q114 293 532,000 SH   SOLE none 532,000 0 0
BIOMARIN PHARMACEUTICAL DEBT 09061GAD3 13,089 4,700,000 PRN   SOLE none 4,700,000 0 0
BIOSCRIP INC COM 09069N108 876 53,079 SH   SOLE none 53,079 0 0
BLACKROCK CORPORATE HY FD 5 FUND 09255N102 2,307 188,671 SH   SOLE none 188,671 0 0
BLACKROCK CORPORATE HY FD VI FUND 09255P107 3,462 289,026 SH   SOLE none 289,026 0 0
BLACKROCK MUNI INTERM DURATI FUND 09253X102 234 15,884 SH   SOLE none 15,884 0 0
BLUCORA INC COM 095229100 1,096 59,100 SH   SOLE none 59,100 0 0
BLUE WOLF MONGOLIA HOLDINGS WRT G11962118 146 581,400 SH   SOLE none 581,400 0 0
BOEING CO/THE COM 097023105 2,715 26,500 SH Call SOLE none 26,500 0 0
BOEING CO/THE COM 097023105 2,234 21,800 SH Put SOLE none 21,800 0 0
BRIGHT HORIZONS FAMILY SOLUT COM 109194100 902 25,978 SH   SOLE none 25,978 0 0
BRISTOL-MYERS SQUIBB CO COM 110122108 3,978 89,000 SH Call SOLE none 89,000 0 0
BRISTOL-MYERS SQUIBB CO COM 110122108 3,951 88,400 SH Put SOLE none 88,400 0 0
BROADSOFT INC COM 11133B409 1,099 39,843 SH   SOLE none 39,843 0 0
BROOKDALE SENIOR LIVING INC COM 112463104 946 35,800 SH   SOLE none 35,800 0 0
CABOT OIL &; GAS CORP COM 127097103 6,034 84,962 SH   SOLE none 84,962 0 0
CAMPUS CREST COMMUNITIES INC REIT 13466Y105 2,778 240,650 SH   SOLE none 240,650 0 0
CAN IMPERIAL BK OF COMMERCE COM 136069101 23,326 312,500 SH Put SOLE none 312,500 0 0
CATAMARAN CORP COM 148887102 3,846 78,893 SH   SOLE none 78,893 0 0
CATERPILLAR INC COM 149123101 1,130 13,700 SH Call SOLE none 13,700 0 0
CATERPILLAR INC COM 149123101 495 6,000 SH Put SOLE none 6,000 0 0
CEMEX SAB-SPONS ADR PART CER ADR 151290889 2,531 239,200 SH   SOLE none 239,200 0 0
CHANGYOU.COM LTD-ADR ADR 15911M107 426 14,000 SH   SOLE none 14,000 0 0
CHART ACQUISITION CORP COM 161151105 1,494 148,400 SH   SOLE none 148,400 0 0
CHART ACQUISITION CORP WRT 161151113 77 148,400 SH   SOLE none 148,400 0 0
CHART INDUSTRIES INC COM 16115Q308 8,736 92,843 SH   SOLE none 92,843 0 0
CHATHAM LODGING TRUST REIT 16208T102 4,064 236,595 SH   SOLE none 236,595 0 0
CHEMED CORP DEBT 16359RAC7 6,325 6,000,000 PRN   SOLE none 6,000,000 0 0
CHEVRON CORP COM 166764100 18,436 155,784 SH   SOLE none 155,784 0 0
CHEVRON CORP COM 166764100 23,171 195,800 SH Call SOLE none 195,800 0 0
CHEVRON CORP COM 166764100 13,632 115,200 SH Put SOLE none 115,200 0 0
CHINA HYDROELECTRIC CP-ADS WRT G2112E145 22 649,292 SH   SOLE none 649,292 0 0
CHINA MOBILE LTD-SPON ADR ADR 16941M109 10,354 200,000 SH Call SOLE none 200,000 0 0
CHINA MOBILE LTD-SPON ADR ADR 16941M109 10,354 200,000 SH Put SOLE none 200,000 0 0
CHINA PETROLEUM &; CHEM-ADR ADR 16941R108 3,890 42,513 SH   SOLE none 42,513 0 0
CHINA UNICOM HONG KONG-ADR ADR 16945R104 6,570 500,000 SH Call SOLE none 500,000 0 0
CHINA XD PLASTICS CO LTD COM 16948F107 53 13,000 SH   SOLE none 13,000 0 0
CIENA CORP COM 171779309 841 43,296 SH   SOLE none 43,296 0 0
CIENA CORP DEBT 171779AK7 19,831 15,300,000 PRN   SOLE none 15,300,000 0 0
CIMAREX ENERGY CO COM 171798101 8,624 132,686 SH   SOLE none 132,686 0 0
CIS ACQUISITION LTD-CLASS A COM G21490209 3,823 380,000 SH   SOLE none 380,000 0 0
CIS ACQUISITION LTD-CLASS A WRT G21490118 225 774,600 SH   SOLE none 774,600 0 0
CISCO SYSTEMS INC COM 17275R102 13,987 574,800 SH Call SOLE none 574,800 0 0
CISCO SYSTEMS INC COM 17275R102 10,993 451,700 SH Put SOLE none 451,700 0 0
CITIGROUP INC COM 172967424 12,352 257,500 SH Call SOLE none 257,500 0 0
CITIGROUP INC COM 172967424 10,563 220,200 SH Put SOLE none 220,200 0 0
CLEARWIRE CORP-CLASS A COM 18538Q105 46,403 9,290,032 SH   SOLE none 9,290,032 0 0
CMS ENERGY CORP DEBT 125896BD1 33,224 16,685,000 PRN   SOLE none 16,685,000 0 0
CNA FINANCIAL CORP COM 126117100 8,921 273,473 SH   SOLE none 273,473 0 0
COBALT INTERNATIONAL ENERGY COM 19075F106 10,392 391,128 SH   SOLE none 391,128 0 0
COCA-COLA CO/THE COM 191216100 5,468 136,313 SH   SOLE none 136,313 0 0
COCA-COLA CO/THE COM 191216100 25,246 629,400 SH Call SOLE none 629,400 0 0
COCA-COLA CO/THE COM 191216100 13,830 344,800 SH Put SOLE none 344,800 0 0
COGNIZANT TECH SOLUTIONS-A COM 192446102 1,459 23,286 SH   SOLE none 23,286 0 0
COLLABRIUM JAPAN ACQUISITION COM G2266G102 3,536 350,011 SH   SOLE none 350,011 0 0
COLLABRIUM JAPAN ACQUISITION WRT G2266G110 109 350,000 SH   SOLE none 350,000 0 0
COLONY FINANCIAL INC DEBT 19624RAA4 10,217 10,000,000 PRN   SOLE none 10,000,000 0 0
COMCAST CORP-CLASS A COM 20030N101 3,901 93,443 SH   SOLE none 93,443 0 0
COMCAST CORP-CLASS A COM 20030N101 11,197 268,200 SH Call SOLE none 268,200 0 0
COMCAST CORP-CLASS A COM 20030N101 9,377 224,600 SH Put SOLE none 224,600 0 0
COMERICA INC COM 200340107 39,195 984,066 SH   SOLE none 984,066 0 0
CONOCOPHILLIPS COM 20825C104 241 3,978 SH   SOLE none 3,978 0 0
CONOCOPHILLIPS COM 20825C104 5,931 98,000 SH Call SOLE none 98,000 0 0
CONOCOPHILLIPS COM 20825C104 5,893 97,400 SH Put SOLE none 97,400 0 0
CONSTANT CONTACT INC COM 210313102 807 50,223 SH   SOLE none 50,223 0 0
CRUMBS BAKE SHOP INC WRT 228803110 9 95,609 SH   SOLE none 95,609 0 0
CUBESMART REIT 229663109 17,512 1,095,873 SH   SOLE none 1,095,873 0 0
CVS CAREMARK CORP COM 126650100 5,598 97,900 SH Call SOLE none 97,900 0 0
CVS CAREMARK CORP COM 126650100 5,593 97,800 SH Put SOLE none 97,800 0 0
CYAN INC COM 23247W104 1,637 156,620 SH   SOLE none 156,620 0 0
CYS INVESTMENTS INC REIT 12673A108 61,101 6,634,232 SH   SOLE none 6,634,232 0 0
DENALI FUND/THE FUND 24823A102 508 26,099 SH   SOLE none 26,099 0 0
DFC GLOBAL CORP COM 23324T107 1,948 141,000 SH   SOLE none 141,000 0 0
DISCOVER FINANCIAL SERVICES COM 254709108 35,347 741,956 SH   SOLE none 741,956 0 0
DOMINION RESOURCES INC DEBT 25746UAT6 42,002 25,000,000 PRN   SOLE none 25,000,000 0 0
DRESSER-RAND GROUP INC COM 261608103 11,805 196,821 SH   SOLE none 196,821 0 0
DRIL-QUIP INC COM 262037104 3,483 38,573 SH   SOLE none 38,573 0 0
EATON VANCE NATIONAL MUNICIP FUND 27829L105 197 10,000 SH   SOLE none 10,000 0 0
EBAY INC COM 278642103 2,215 42,824 SH   SOLE none 42,824 0 0
EBAY INC COM 278642103 3,967 76,700 SH Call SOLE none 76,700 0 0
EBAY INC COM 278642103 3,242 62,700 SH Put SOLE none 62,700 0 0
ECOTALITY INC (LEGENDED) COM 27922Y202 1,550 1,000,000 SH   SOLE none 1,000,000 0 0
EDGEN GROUP INC COM 28014Q107 1,914 300,000 SH   SOLE none 300,000 0 0
EDWARDS GROUP LTD-SPON ADR ADR 281736108 2,998 352,727 SH   SOLE none 352,727 0 0
EINSTEIN NOAH RESTAURANT GRO COM 28257U104 599 42,188 SH   SOLE none 42,188 0 0
ELLINGTON RESIDENTIAL MORTGA REIT 288578107 7,116 398,658 SH   SOLE none 398,658 0 0
EMERITUS CORP COM 291005106 452 19,474 SH   SOLE none 19,474 0 0
EVERCORE PARTNERS INC-CL A COM 29977A105 15,012 382,190 SH   SOLE none 382,190 0 0
EVERTEC INC COM 30040P103 22,434 1,021,043 SH   SOLE none 1,021,043 0 0
EXPRESS SCRIPTS HOLDING CO COM 30219G108 3,696 59,867 SH   SOLE none 59,867 0 0
EXXON MOBIL CORP COM 30231G102 2,231 24,688 SH   SOLE none 24,688 0 0
EXXON MOBIL CORP COM 30231G102 40,242 445,400 SH Call SOLE none 445,400 0 0
EXXON MOBIL CORP COM 30231G102 34,415 380,900 SH Put SOLE none 380,900 0 0
F5 NETWORKS INC COM 315616102 1,530 22,240 SH   SOLE none 22,240 0 0
FEDERATED PREMIER INT MUNI FUND 31423M105 174 13,345 SH   SOLE none 13,345 0 0
FIFTH STREET FINANCE CORP COM 31678A103 2,399 229,569 SH   SOLE none 229,569 0 0
FINANCIAL SELECT SECTOR SPDR ETP 81369Y605 22,751 1,170,000 SH Put SOLE none 1,170,000 0 0
FIRST TRUST HIGH INCOME LONG FUND 33738E109 2,596 147,826 SH   SOLE none 147,826 0 0
FIRST TRUST STRAT HIGH INC 2 FUND 337353304 2,961 188,042 SH   SOLE none 188,042 0 0
FORTINET INC COM 34959E109 606 34,636 SH   SOLE none 34,636 0 0
FRANKLIN STREET PROPERTIES C REIT 35471R106 1,371 103,837 SH   SOLE none 103,837 0 0
GENCORP INC DEBT 368682AN0 10,726 5,792,000 PRN   SOLE none 5,792,000 0 0
GENERAL ELECTRIC CO COM 369604103 45,246 1,951,100 SH Call SOLE none 1,951,100 0 0
GENERAL ELECTRIC CO COM 369604103 17,842 769,400 SH Put SOLE none 769,400 0 0
GENERAL MOTORS CO WRT 37045V118 50,312 2,096,328 SH   SOLE none 2,096,328 0 0
GENERAL MOTORS CO WRT 37045V126 157,936 9,577,705 SH   SOLE none 9,577,705 0 0
GIANT INTERACTIVE GROUP-ADR ADR 374511103 599 74,790 SH   SOLE none 74,790 0 0
GILEAD SCIENCES INC COM 375558103 765 14,913 SH   SOLE none 14,913 0 0
GILEAD SCIENCES INC COM 375558103 6,401 124,800 SH Call SOLE none 124,800 0 0
GILEAD SCIENCES INC COM 375558103 6,191 120,700 SH Put SOLE none 120,700 0 0
GLOBAL BRASS &; COPPER HOLDIN COM 37953G103 3,574 269,900 SH   SOLE none 269,900 0 0
GLOBAL POWER EQUIPMENT GROUP COM 37941P306 985 61,139 SH   SOLE none 61,139 0 0
GOLDMAN SACHS GROUP INC COM 38141G104 7,064 46,700 SH Call SOLE none 46,700 0 0
GOLDMAN SACHS GROUP INC COM 38141G104 5,551 36,700 SH Put SOLE none 36,700 0 0
GOOGLE INC-CL A COM 38259P508 2,537 2,881 SH   SOLE none 2,881 0 0
GOOGLE INC-CL A COM 38259P508 17,428 19,800 SH Call SOLE none 19,800 0 0
GOOGLE INC-CL A COM 38259P508 13,733 15,600 SH Put SOLE none 15,600 0 0
GREENBRIER COMPANIES INC COM 393657101 1,304 53,488 SH   SOLE none 53,488 0 0
GULFMARK OFFSHORE INC-CL A COM 402629208 6,207 137,655 SH   SOLE none 137,655 0 0
HALLIBURTON CO COM 406216101 19,502 467,456 SH   SOLE none 467,456 0 0
HANNON ARMSTRONG SUSTAINABLE COM 41068X100 1,782 150,000 SH   SOLE none 150,000 0 0
HAWAIIAN TELCOM HOLDCO INC COM 420031106 9,082 361,003 SH   SOLE none 361,003 0 0
HEALTH INSURANCE INNOVATIO-A COM 42225K106 2,893 275,000 SH   SOLE none 275,000 0 0
HEALTHSOUTH CORP COM 421924309 6,135 213,009 SH   SOLE none 213,009 0 0
HEARTLAND PAYMENT SYSTEMS IN COM 42235N108 33,654 903,477 SH   SOLE none 903,477 0 0
HEARTWARE INTERNATIONAL INC COM 422368100 6,783 71,320 SH   SOLE none 71,320 0 0
HELIOS ADVANTAGE INCOME FUND FUND 42327W206 645 77,625 SH   SOLE none 77,625 0 0
HELIOS HIGH INCOME FUND INC FUND 42327X204 431 52,874 SH   SOLE none 52,874 0 0
HELIOS MULTI-SECTOR HIGH INC FUND 42327Y202 600 105,025 SH   SOLE none 105,025 0 0
HMS HOLDINGS CORP COM 40425J101 2,785 119,556 SH   SOLE none 119,556 0 0
HMS HOLDINGS CORP COM 40425J101 699 30,000 SH Call SOLE none 30,000 0 0
HOLOGIC INC COM 436440101 1,531 79,356 SH   SOLE none 79,356 0 0
HOME DEPOT INC COM 437076102 12,194 157,400 SH Call SOLE none 157,400 0 0
HOME DEPOT INC COM 437076102 8,995 116,100 SH Put SOLE none 116,100 0 0
HOME LOAN SERVICING SOLUTION COM G6648D109 28,236 1,177,882 SH   SOLE none 1,177,882 0 0
HORNBECK OFFSHORE SERVICES COM 440543106 8,675 162,146 SH   SOLE none 162,146 0 0
HOVNANIAN ENTERPRISES-A COM 442487203 321 57,220 SH   SOLE none 57,220 0 0
HUMANA INC COM 444859102 17,866 211,744 SH   SOLE none 211,744 0 0
IAC/INTERACTIVECORP COM 44919P508 3,225 67,780 SH   SOLE none 67,780 0 0
ICONIX BRAND GROUP INC COM 451055107 3,097 105,300 SH   SOLE none 105,300 0 0
INCONTACT INC COM 45336E109 1,627 197,921 SH   SOLE none 197,921 0 0
INFINITY CROSS BORDER ACQUIS COM G4772R101 2,470 315,000 SH   SOLE none 315,000 0 0
INFINITY CROSS BORDER ACQUIS WRT G4772R119 199 315,000 SH   SOLE none 315,000 0 0
INFORMATICA CORP COM 45666Q102 810 23,162 SH   SOLE none 23,162 0 0
INLAND REAL ESTATE CORP DEBT 457461AC5 1,148 1,059,000 PRN   SOLE none 1,059,000 0 0
INTEL CORP COM 458140100 11,717 483,600 SH Call SOLE none 483,600 0 0
INTEL CORP COM 458140100 10,830 447,000 SH Put SOLE none 447,000 0 0
INTL BUSINESS MACHINES CORP COM 459200101 33,406 174,800 SH Call SOLE none 174,800 0 0
INTL BUSINESS MACHINES CORP COM 459200101 17,373 90,900 SH Put SOLE none 90,900 0 0
INVESCO LTD COM G491BT108 14,882 468,000 SH   SOLE none 468,000 0 0
INVESCO QUALITY MUNI INC TR FUND 46133G107 270 22,300 SH   SOLE none 22,300 0 0
INVESTMENT TECHNOLOGY GROUP COM 46145F105 3,495 250,000 SH Call SOLE none 250,000 0 0
IPATH S&;P 500 VIX S/T FU ETN ETP 06740C188 6,214 300,000 SH   SOLE none 300,000 0 0
IPATH S&;P 500 VIX S/T FU ETN ETP 06740C188 20,710 1,000,000 SH Call SOLE none 1,000,000 0 0
IPATH S&;P 500 VIX S/T FU ETN ETP 06740C188 20,710 1,000,000 SH Put SOLE none 1,000,000 0 0
ISHARES CHINA LARGE-CAP ETF ETP 464287184 32,520 1,000,000 SH Call SOLE none 1,000,000 0 0
ISHARES IBOXX HIGH YIELD COR ETP 464288513 6,622 72,860 SH   SOLE none 72,860 0 0
ISHARES MSCI EAFE ETF ETP 464287465 28,656 500,100 SH Call SOLE none 500,100 0 0
ISHARES MSCI EAFE ETF ETP 464287465 57,300 1,000,000 SH Put SOLE none 1,000,000 0 0
JA SOLAR HOLDINGS CO LTD-ADR ADR 466090206 533 74,000 SH   SOLE none 74,000 0 0
JOHNSON &; JOHNSON COM 478160104 50,193 584,600 SH Call SOLE none 584,600 0 0
JOHNSON &; JOHNSON COM 478160104 22,263 259,300 SH Put SOLE none 259,300 0 0
JPMORGAN CHASE &; CO COM 46625H100 19,560 370,500 SH Call SOLE none 370,500 0 0
JPMORGAN CHASE &; CO COM 46625H100 14,782 280,000 SH Put SOLE none 280,000 0 0
KB HOME COM 48666K109 10,921 556,300 SH   SOLE none 556,300 0 0
KEY ENERGY SERVICES INC COM 492914106 3,713 624,042 SH   SOLE none 624,042 0 0
KNIGHT CAPITAL GROUP INC DEBT 499005AE6 68,155 68,500,000 PRN   SOLE none 68,500,000 0 0
KNOT OFFSHORE PARTNERS LP COM Y48125101 1,241 56,345 SH   SOLE none 56,345 0 0
KOSMOS ENERGY LTD COM G5315B107 6,393 629,213 SH   SOLE none 629,213 0 0
LAS VEGAS SANDS CORP COM 517834107 1,711 32,322 SH   SOLE none 32,322 0 0
LENNAR CORP-A COM 526057104 11,750 326,011 SH   SOLE none 326,011 0 0
LIBERTY INTERACTIVE LLC DEBT 530715AN1 18,706 36,500,000 PRN   SOLE none 36,500,000 0 0
LINCOLN NATIONAL CORP COM 534187109 45,198 1,239,293 SH   SOLE none 1,239,293 0 0
LJ INTERNATIONAL INC COM G55312105 5,804 2,946,050 SH   SOLE none 2,946,050 0 0
LOWE'S COS INC COM 548661107 21,808 533,200 SH   SOLE none 533,200 0 0
MACQUARIE GLOBAL INFR TOT RT FUND 55608D101 231 11,302 SH   SOLE none 11,302 0 0
MANAGED HI YLD PLUS FUND INC FUND 561911108 734 366,765 SH   SOLE none 366,765 0 0
MARATHON OIL CORP COM 565849106 3,428 99,133 SH   SOLE none 99,133 0 0
MARIN SOFTWARE INC COM 56804T106 2,315 226,000 SH   SOLE none 226,000 0 0
MARSH &; MCLENNAN COS COM 571748102 10,998 275,500 SH   SOLE none 275,500 0 0
MASCO CORP COM 574599106 10,958 562,300 SH   SOLE none 562,300 0 0
MAST THERAPEUTICS INC COM 576314108 1,106 2,578,486 SH   SOLE none 2,578,486 0 0
MAXIMUS INC COM 577933104 3,123 41,930 SH   SOLE none 41,930 0 0
MCDONALD'S CORP COM 580135101 2,307 23,302 SH   SOLE none 23,302 0 0
MCDONALD'S CORP COM 580135101 8,426 85,100 SH Call SOLE none 85,100 0 0
MCDONALD'S CORP COM 580135101 6,109 61,700 SH Put SOLE none 61,700 0 0
MEDIVATION INC COM 58501N101 1,727 35,100 SH   SOLE none 35,100 0 0
MEDNAX INC COM 58502B106 3,181 34,735 SH   SOLE none 34,735 0 0
MEDTRONIC INC COM 585055106 1,023 19,882 SH   SOLE none 19,882 0 0
MELCO CROWN ENTERTAINME-ADR ADR 585464100 3,207 143,426 SH   SOLE none 143,426 0 0
MELCO CROWN ENTERTAINME-ADR ADR 585464100 4,856 217,000 SH Call SOLE none 217,000 0 0
MERCK &; CO. INC. COM 58933Y105 17,758 382,300 SH Call SOLE none 382,300 0 0
MERCK &; CO. INC. COM 58933Y105 12,751 274,500 SH Put SOLE none 274,500 0 0
MFA FINANCIAL INC REIT 55272X102 4,243 502,136 SH   SOLE none 502,136 0 0
MFS INVESTMENT GRADE MUNICIP FUND 59318B108 194 20,800 SH   SOLE none 20,800 0 0
MGIC INVESTMENT CORP DEBT 552848AD5 1,020 1,000,000 PRN   SOLE none 1,000,000 0 0
MICROSOFT CORP COM 594918104 252 7,300 SH   SOLE none 7,300 0 0
MICROSOFT CORP COM 594918104 19,891 575,900 SH Call SOLE none 575,900 0 0
MICROSOFT CORP COM 594918104 25,574 740,400 SH Put SOLE none 740,400 0 0
MICROSTRATEGY INC-CL A COM 594972408 662 7,614 SH   SOLE none 7,614 0 0
MOHAWK INDUSTRIES INC COM 608190104 34,820 309,538 SH   SOLE none 309,538 0 0
MOLSON COORS BREWING CO DEBT 60871RAA8 5,031 5,000,000 PRN   SOLE none 5,000,000 0 0
MORGAN STANLEY COM 617446448 7,719 316,000 SH Put SOLE none 316,000 0 0
MORGAN STANLEY EAST EUROPE FUND 616988101 536 33,139 SH   SOLE none 33,139 0 0
MORGANS HOTEL GROUP CO COM 61748W108 11,630 1,442,890 SH   SOLE none 1,442,890 0 0
MOSYS INC COM 619718109 834 207,349 SH   SOLE none 207,349 0 0
MYLAN INC DEBT 628530AJ6 23,709 10,000,000 PRN   SOLE none 10,000,000 0 0
NATL RETAIL PROPERTIES DEBT 637417AC0 33,157 24,455,000 PRN   SOLE none 24,455,000 0 0
NAUTILUS MARINE ACQUISITION WRT Y6255E119 55 696,915 SH   SOLE none 696,915 0 0
NETAPP INC COM 64110D104 1,696 44,884 SH   SOLE none 44,884 0 0
NEUBERGER BERMAN HIGH YIELD FUND 64128C106 1,289 100,567 SH   SOLE none 100,567 0 0
NEW ORIENTAL EDUCATIO-SP ADR ADR 647581107 4,524 204,273 SH   SOLE none 204,273 0 0
NEW ORIENTAL EDUCATIO-SP ADR ADR 647581107 3,323 150,000 SH Put SOLE none 150,000 0 0
NEW RESIDENTIAL INVESTMENT REIT 64828T102 54,681 8,112,823 SH   SOLE none 8,112,823 0 0
NOBLE ENERGY INC COM 655044105 13,195 219,779 SH   SOLE none 219,779 0 0
NQ MOBILE INC - ADR ADR 64118U108 1,178 145,853 SH   SOLE none 145,853 0 0
NUVEEN MD PREMIUM INC MUNI FUND 67061Q107 192 14,350 SH   SOLE none 14,350 0 0
NUVEEN MUNI ADVANTAGE FUND FUND 67062H106 186 13,800 SH   SOLE none 13,800 0 0
NUVEEN QUALITY INCOME MUNI FUND 670977107 228 16,900 SH   SOLE none 16,900 0 0
NUVEEN SELECT QUALTY MUNI FD FUND 670973106 349 25,700 SH   SOLE none 25,700 0 0
OCCIDENTAL PETROLEUM CORP COM 674599105 6,132 68,700 SH Call SOLE none 68,700 0 0
OCCIDENTAL PETROLEUM CORP COM 674599105 5,676 63,600 SH Put SOLE none 63,600 0 0
OCEANEERING INTL INC COM 675232102 6,377 88,315 SH   SOLE none 88,315 0 0
OCWEN FINANCIAL CORP COM 675746309 151,240 3,669,116 SH   SOLE none 3,669,116 0 0
OFS CAPITAL CORP COM 67103B100 1,358 114,098 SH   SOLE none 114,098 0 0
OMNICOM GROUP INC DEBT 681919AV8 3,444 3,000,000 PRN   SOLE none 3,000,000 0 0
ORACLE CORP COM 68389X105 4,954 161,302 SH   SOLE none 161,302 0 0
ORACLE CORP COM 68389X105 9,323 303,600 SH Call SOLE none 303,600 0 0
ORACLE CORP COM 68389X105 6,772 220,500 SH Put SOLE none 220,500 0 0
PARKERVISION INC COM 701354102 228 50,000 SH   SOLE none 50,000 0 0
PEOPLE'S UNITED FINANCIAL COM 712704105 2,069 138,856 SH   SOLE none 138,856 0 0
PEOPLE'S UNITED FINANCIAL COM 712704105 26,820 1,800,000 SH Put SOLE none 1,800,000 0 0
PEPSICO INC COM 713448108 960 11,734 SH   SOLE none 11,734 0 0
PEPSICO INC COM 713448108 12,473 152,500 SH Call SOLE none 152,500 0 0
PEPSICO INC COM 713448108 11,474 140,300 SH Put SOLE none 140,300 0 0
PERFORMANT FINANCIAL CORP COM 71377E105 5,586 482,017 SH   SOLE none 482,017 0 0
PERICOM SEMICONDUCTOR CORP COM 713831105 1,780 250,000 SH   SOLE none 250,000 0 0
PETROCHINA CO LTD -ADR ADR 71646E100 4,801 43,378 SH   SOLE none 43,378 0 0
PFIZER INC COM 717081103 70,914 2,531,738 SH   SOLE none 2,531,738 0 0
PFIZER INC COM 717081103 21,076 752,400 SH Call SOLE none 752,400 0 0
PFIZER INC COM 717081103 107,699 3,845,000 SH Put SOLE none 3,845,000 0 0
PGT INC COM 69336V101 7,886 909,635 SH   SOLE none 909,635 0 0
PHH CORP DEBT 693320AQ6 36,062 20,000,000 PRN   SOLE none 20,000,000 0 0
PHILIP MORRIS INTERNATIONAL COM 718172109 5,260 60,722 SH   SOLE none 60,722 0 0
PHILIP MORRIS INTERNATIONAL COM 718172109 7,909 91,300 SH Call SOLE none 91,300 0 0
PHILIP MORRIS INTERNATIONAL COM 718172109 7,873 90,900 SH Put SOLE none 90,900 0 0
PRICELINE.COM INC COM 741503403 13,932 16,853 SH   SOLE none 16,853 0 0
PRIME ACQUISITION CORP WRT G72436127 68 181,000 SH   SOLE none 181,000 0 0
PROCTER &; GAMBLE CO/THE COM 742718109 5,591 72,625 SH   SOLE none 72,625 0 0
PROCTER &; GAMBLE CO/THE COM 742718109 20,941 272,000 SH Call SOLE none 272,000 0 0
PROCTER & GAMBLE CO/THE COM 742718109 18,886 245,300 SH Put SOLE none 245,300 0 0
PROGRESSIVE CORP COM 743315103 3,597 141,494 SH   SOLE none 141,494 0 0
PROSPECT CAPITAL CORP COM 74348T102 2,970 274,978 SH   SOLE none 274,978 0 0
PROSPECT CAPITAL CORP DEBT 74348TAC6 17,072 15,707,000 PRN   SOLE none 15,707,000 0 0
PROSPECT CAPITAL CORP DEBT 74348TAK8 518 500,000 PRN   SOLE none 500,000 0 0
PROSPECT GLOBAL RESOURCES IN COM 74348X103 81 1,003,211 SH   SOLE none 1,003,211 0 0
PRUDENTIAL FINANCIAL INC COM 744320102 32,602 446,428 SH   SOLE none 446,428 0 0
PUBLIC STORAGE REIT 74460D109 19,657 128,205 SH   SOLE none 128,205 0 0
PULTEGROUP INC COM 745867101 1,057 55,735 SH   SOLE none 55,735 0 0
QIHOO 360 TECHNOLOGY CO-ADR ADR 74734M109 738 15,972 SH   SOLE none 15,972 0 0
QIWI PLC-SPONSORED ADR ADR 74735M108 5,068 218,411 SH   SOLE none 218,411 0 0
QLIK TECHNOLOGIES INC COM 74733T105 540 19,082 SH   SOLE none 19,082 0 0
QUALCOMM INC COM 747525103 3,755 61,462 SH   SOLE none 61,462 0 0
QUALCOMM INC COM 747525103 10,935 179,000 SH Call SOLE none 179,000 0 0
QUALCOMM INC COM 747525103 8,914 145,900 SH Put SOLE none 145,900 0 0
QUICKSILVER RESOURCES INC COM 74837R104 1,532 911,657 SH   SOLE none 911,657 0 0
RACKSPACE HOSTING INC COM 750086100 1,012 26,697 SH   SOLE none 26,697 0 0
RAIT FINANCIAL TRUST DEBT 749227AA2 16,416 13,184,000 PRN   SOLE none 13,184,000 0 0
RED HAT INC COM 756577102 2,823 59,033 SH   SOLE none 59,033 0 0
REDWOOD TRUST INC DEBT 758075AB1 57,424 57,700,000 PRN   SOLE none 57,700,000 0 0
RENAISSANCERE HOLDINGS LTD COM G7496G103 4,337 49,974 SH   SOLE none 49,974 0 0
RESOLUTE ENERGY CORP WRT 76116A116 7 19,466 SH   SOLE none 19,466 0 0
RITE AID CORP DEBT 767754BU7 1,632 1,150,000 PRN   SOLE none 1,150,000 0 0
RLI CORP COM 749607107 495 6,472 SH   SOLE none 6,472 0 0
ROYAL BANK OF CANADA COM 780087102 1,554 25,361 SH   SOLE none 25,361 0 0
ROYAL BANK OF CANADA COM 780087102 39,508 644,700 SH Put SOLE none 644,700 0 0
ROYCE FOCUS TRUST INC FUND 78080N108 400 57,342 SH   SOLE none 57,342 0 0
SAFEGUARD SCIENTIFICS IN DEBT 786449AJ7 6,635 6,000,000 PRN   SOLE none 6,000,000 0 0
SANDISK CORP COM 80004C101 41,990 687,237 SH   SOLE none 687,237 0 0
SCHLUMBERGER LTD COM 806857108 27,981 390,454 SH   SOLE none 390,454 0 0
SCHLUMBERGER LTD COM 806857108 7,652 106,800 SH Call SOLE none 106,800 0 0
SCHLUMBERGER LTD COM 806857108 7,602 106,100 SH Put SOLE none 106,100 0 0
SCORPIO TANKERS INC COM Y7542C106 19,894 2,215,324 SH   SOLE none 2,215,324 0 0
SEI INVESTMENTS COMPANY COM 784117103 18,246 641,811 SH   SOLE none 641,811 0 0
SIGMA-ALDRICH COM 826552101 61,047 759,100 SH Call SOLE none 759,100 0 0
SILVER STANDARD RESOURCES COM 82823L106 380 60,000 SH   SOLE none 60,000 0 0
SINCLAIR BROADCAST GROUP -A COM 829226109 433 14,747 SH   SOLE none 14,747 0 0
SINOVAC BIOTECH LTD COM P8696W104 3,326 846,554 SH   SOLE none 846,554 0 0
SM ENERGY CO COM 78454L100 7,063 117,757 SH   SOLE none 117,757 0 0
SOHU.COM INC COM 83408W103 246 4,000 SH   SOLE none 4,000 0 0
SOLAR CAPITAL LTD COM 83413U100 6,970 301,879 SH   SOLE none 301,879 0 0
SONY CORP-SPONSORED ADR ADR 835699307 3,721 175,640 SH   SOLE none 175,640 0 0
SOUTHWESTERN ENERGY CO COM 845467109 5,797 158,696 SH   SOLE none 158,696 0 0
SPDR GOLD TRUST ETP 78463V107 3,574 30,000 SH Call SOLE none 30,000 0 0
SPDR GOLD TRUST ETP 78463V107 3,574 30,000 SH Put SOLE none 30,000 0 0
SPDR S&P 500 ETF TRUST ETP 78462F103 232,609 1,450,000 SH Call SOLE none 1,450,000 0 0
SPDR S&P 500 ETF TRUST ETP 78462F103 785,062 4,893,800 SH Put SOLE none 4,893,800 0 0
SPRINT NEXTEL CORP COM 852061100 60,647 8,639,117 SH   SOLE none 8,639,117 0 0
SPRINT NEXTEL CORP COM 852061100 30,768 4,383,000 SH Call SOLE none 4,383,000 0 0
SS&C TECHNOLOGIES HOLDINGS COM 78467J100 3,018 91,732 SH   SOLE none 91,732 0 0
ST JUDE MEDICAL INC COM 790849103 1,598 35,021 SH   SOLE none 35,021 0 0
STEALTHGAS INC COM Y81669106 4,387 398,810 SH   SOLE none 398,810 0 0
STERLITE INDUSTRIES LTD DEBT 859737AB4 23,077 23,700,000 PRN   SOLE none 23,700,000 0 0
STONE ENERGY CORP COM 861642106 5,242 237,966 SH   SOLE none 237,966 0 0
SUNTECH POWER HLDGS CO DEBT 86800CAE4 795 3,000,000 PRN   SOLE none 3,000,000 0 0
SUNTRUST BANKS INC COM 867914103 44,795 1,418,868 SH   SOLE none 1,418,868 0 0
SUPERIOR ENERGY SERVICES INC COM 868157108 8,052 310,406 SH   SOLE none 310,406 0 0
TAKE-TWO INTERACTIVE SOFTWRE COM 874054109 1,412 94,300 SH   SOLE none 94,300 0 0
TAL EDUCATION GROUP- ADR ADR 874080104 578 55,200 SH   SOLE none 55,200 0 0
TAMINCO CORP COM 87509U106 5,261 257,999 SH   SOLE none 257,999 0 0
TARGET CORP COM 87612E106 20,656 300,000 SH Put SOLE none 300,000 0 0
TD AMERITRADE HOLDING CORP COM 87236Y108 33,061 1,361,071 SH   SOLE none 1,361,071 0 0
TESLA MOTORS INC DEBT 88160RAA9 28,076 25,000,000 PRN   SOLE none 25,000,000 0 0
TETRAPHASE PHARMACEUTICALS I COM 88165N105 2,557 363,667 SH   SOLE none 363,667 0 0
THERMO FISHER SCIENTIFIC INC COM 883556102 1,044 12,339 SH   SOLE none 12,339 0 0
THORATEC CORP COM 885175307 1,591 50,802 SH   SOLE none 50,802 0 0
TIBCO SOFTWARE INC COM 88632Q103 563 26,308 SH   SOLE none 26,308 0 0
TITAN MACHINERY INC COM 88830R101 1,364 69,500 SH   SOLE none 69,500 0 0
TORONTO-DOMINION BANK COM 891160509 52,802 625,100 SH Put SOLE none 625,100 0 0
TOWERSTREAM CORP COM 892000100 2,191 859,041 SH   SOLE none 859,041 0 0
TRINA SOLAR LTD DEBT 89628EAA2 4,945 5,000,000 PRN   SOLE none 5,000,000 0 0
TRINA SOLAR LTD-SPON ADR ADR 89628E104 307 51,550 SH   SOLE none 51,550 0 0
TTM TECHNOLOGIES COM 87305R109 776 92,464 SH   SOLE none 92,464 0 0
TYSON FOODS INC DEBT 902494AP8 30,662 20,000,000 PRN   SOLE none 20,000,000 0 0
UBIQUITI NETWORKS INC COM 90347A100 2,520 143,698 SH   SOLE none 143,698 0 0
UNION PACIFIC CORP COM 907818108 5,647 36,600 SH Call SOLE none 36,600 0 0
UNION PACIFIC CORP COM 907818108 5,647 36,600 SH Put SOLE none 36,600 0 0
UNITED INSURANCE HOLDINGS CO COM 910710102 1,259 180,229 SH   SOLE none 180,229 0 0
UNITED PARCEL SERVICE-CL B COM 911312106 1,436 16,600 SH Call SOLE none 16,600 0 0
UNITED PARCEL SERVICE-CL B COM 911312106 1,116 12,900 SH Put SOLE none 12,900 0 0
UNITED TECHNOLOGIES CORP COM 913017109 8,150 87,700 SH Call SOLE none 87,700 0 0
UNITED TECHNOLOGIES CORP COM 913017109 6,263 67,400 SH Put SOLE none 67,400 0 0
UNITEDHEALTH GROUP INC COM 91324P102 3,274 50,000 SH Call SOLE none 50,000 0 0
UNITEDHEALTH GROUP INC COM 91324P102 3,268 49,900 SH Put SOLE none 49,900 0 0
UNIVERSAL BUSINESS PAYMENT S COM 913384103 334 111,234 SH   SOLE none 111,234 0 0
UNIVERSAL HEALTH SERVICES-B COM 913903100 527 7,866 SH   SOLE none 7,866 0 0
US AIRWAYS GROUP INC COM 90341W108 14,822 902,700 SH   SOLE none 902,700 0 0
US AIRWAYS GROUP INC COM 90341W108 13,036 793,900 SH Call SOLE none 793,900 0 0
US AIRWAYS GROUP INC COM 90341W108 16,464 1,002,700 SH Put SOLE none 1,002,700 0 0
US BANCORP COM 902973304 21,928 606,550 SH   SOLE none 606,550 0 0
US BANCORP COM 902973304 11,164 308,800 SH Call SOLE none 308,800 0 0
US BANCORP COM 902973304 3,591 99,300 SH Put SOLE none 99,300 0 0
VERIZON COMMUNICATIONS INC COM 92343V104 3,351 66,571 SH   SOLE none 66,571 0 0
VERIZON COMMUNICATIONS INC COM 92343V104 14,166 281,400 SH Call SOLE none 281,400 0 0
VERIZON COMMUNICATIONS INC COM 92343V104 13,622 270,600 SH Put SOLE none 270,600 0 0
VISA INC-CLASS A SHARES COM 92826C839 5,098 27,900 SH Call SOLE none 27,900 0 0
VISA INC-CLASS A SHARES COM 92826C839 5,007 27,400 SH Put SOLE none 27,400 0 0
VODAFONE GROUP PLC-SP ADR ADR 92857W209 88,146 3,066,500 SH Call SOLE none 3,066,500 0 0
WAL-MART STORES INC COM 931142103 5,444 73,080 SH   SOLE none 73,080 0 0
WAL-MART STORES INC COM 931142103 18,206 244,400 SH Call SOLE none 244,400 0 0
WAL-MART STORES INC COM 931142103 8,417 113,000 SH Put SOLE none 113,000 0 0
WALT DISNEY CO/THE COM 254687106 11,127 176,200 SH Call SOLE none 176,200 0 0
WALT DISNEY CO/THE COM 254687106 10,282 162,800 SH Put SOLE none 162,800 0 0
WALTER INVESTMENT MANAGEMENT COM 93317W102 54,043 1,598,486 SH   SOLE none 1,598,486 0 0
WALTER INVESTMENT MGMT DEBT 93317WAA0 31,332 31,138,000 PRN   SOLE none 31,138,000 0 0
WELLCARE HEALTH PLANS INC COM 94946T106 1,105 19,889 SH   SOLE none 19,889 0 0
WELLPOINT INC COM 94973V107 1,621 19,798 SH   SOLE none 19,798 0 0
WELLS FARGO & CO COM 949746101 22,369 542,000 SH Call SOLE none 542,000 0 0
WELLS FARGO & CO COM 949746101 17,186 416,400 SH Put SOLE none 416,400 0 0
WESTERN ASSET HIGH INCOME OP FUND 95766K109 2,462 414,458 SH   SOLE none 414,458 0 0
WESTERN ASSET HIGH YIELD DEF FUND 95768B107 2,639 149,290 SH   SOLE none 149,290 0 0
WESTERN ASSET MANAGED HIGH Y FUND 95766L107 791 135,460 SH   SOLE none 135,460 0 0
WHITEWAVE FOODS CO-CL B COM 966244204 4,844 318,615 SH   SOLE none 318,615 0 0
WUXI PHARMATECH CAYMAN-ADR ADR 929352102 212 10,100 SH   SOLE none 10,100 0 0
XILINX INC DEBT 983919AF8 4,309 3,000,000 PRN   SOLE none 3,000,000 0 0
XUEDA EDUCATION GR-SPON ADR ADR 98418W109 362 111,467 SH   SOLE none 111,467 0 0
YINGLI GREEN ENERGY HOLD-ADR ADR 98584B103 821 253,505 SH   SOLE none 253,505 0 0
ZHONGPIN INC COM 98952K107 571 42,500 SH Put SOLE none 42,500 0 0
ZOETIS INC COM 98978V103 30,293 980,665 SH   SOLE none 980,665 0 0
ZOETIS INC COM 98978V103 20,366 659,300 SH Call SOLE none 659,300 0 0
ZOETIS INC COM 98978V103 34,183 1,106,600 SH Put SOLE none 1,106,600 0 0
ZYNGA INC - CL A COM 98986T108 1,390 500,000 SH   SOLE none 500,000 0 0