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
2U INC COM 90214J101 530 31,525 SH   SOLE   0 0 31,525
ABBVIE INC COM 00287Y109 217 3,840 SH   SOLE   0 0 3,840
ABERDEEN ASIA-PACIFIC INCOME F COM 003009107 415 66,100 SH   SOLE   0 0 66,100
ACCELERIZE NEW MEDIA INC COM 00430M101 900 750,000 SH   OTR   0 750,000 0
AFFYMETRIX INC COM 00826T108 1,441 161,700 SH   SOLE   0 0 161,700
AFFYMETRIX INC COM 00826T108 1,292 145,000 SH   OTR   0 145,000 0
ALLERGAN INC COM 018490102 1,574 9,300 SH   SOLE   0 0 9,300
ALLIANCE FIBER OPTIC PRODS INC COM 018680306 770 42,550 SH   SOLE   0 0 42,550
ALLIANCE FIBER OPTIC PRODS INC COM 018680306 1,072 59,250 SH   OTR   0 59,250 0
AMAZON COM INC COM 023135106 926 2,850 SH   SOLE   0 0 2,850
AMERICAN BIO MEDICAL INC COM 024600108 36 275,500 SH   SOLE   0 0 275,500
AMERICAN BIO MEDICAL INC COM 024600108 13 99,814 SH   OTR   0 99,814 0
ANGIES LIST INC COM 034754101 127 10,600 SH   SOLE   0 0 10,600
APPLE INC COM COM 037833100 290 3,122 SH   SOLE   0 0 3,122
ARRIS GROUP INC COM 04270V106 1,905 58,567 SH   SOLE   0 0 58,567
ATLAS ENERGY L P COM 04930A104 956 21,300 SH   SOLE   0 0 21,300
AUTOMATIC DATA PROCESSING INC COM 053015103 914 11,528 SH   SOLE   0 0 11,528
AXCELIS TECHNOLOGIES INC COM 054540109 662 331,100 SH   SOLE   0 0 331,100
AXCELIS TECHNOLOGIES INC COM 054540109 400 200,000 SH   OTR   0 200,000 0
BAYTEX ENERGY CORP COM 07317Q105 2,612 56,598 SH   SOLE   0 0 56,598
BECTON DICKINSON & CO COM 075887109 509 4,300 SH   SOLE   0 0 4,300
BERKSHIRE HATHAWAY INC COM 084670702 766 6,050 SH   SOLE   0 0 6,050
BLACKSTONE GROUP L P COM 09253U108 722 21,600 SH   SOLE   0 0 21,600
BLYTH INC COM 09643P207 267 34,305 SH   SOLE   0 0 34,305
BOTTOMLINE TECHNOLOGIES INC COM 101388106 1,996 66,710 SH   SOLE   0 0 66,710
BROADVISION INC COM 111412706 445 46,325 SH   SOLE   0 0 46,325
BROADVISION INC COM 111412706 240 25,000 SH   OTR   0 25,000 0
BROOKS AUTOMATION INC COM 114340102 1,322 122,779 SH   SOLE   0 0 122,779
CALUMET SPECIALTY PRODS PARTNE COM 131476103 2,311 72,681 SH   SOLE   0 0 72,681
CALUMET SPECIALTY PRODS PARTNE COM 131476103 321 10,100 SH   OTR   0 10,100 0
CAS MED SYS INC COM 124769209 117 58,000 SH   SOLE   0 0 58,000
CHEGG INC COM 163092109 541 76,900 SH   SOLE   0 0 76,900
CHEVRON CORP COM 166764100 230 1,765 SH   SOLE   0 0 1,765
CISCO SYSTEMS INC COM 17275R102 727 29,250 SH   SOLE   0 0 29,250
CONOCOPHILLIPS COM 20825C104 276 3,220 SH   SOLE   0 0 3,220
CORE LABORATORIES NV COM N22717107 1,998 11,958 SH   SOLE   0 0 11,958
CYBEROPTICS CORP COM 232517102 546 68,300 SH   SOLE   0 0 68,300
CYBEROPTICS CORP COM 232517102 336 42,000 SH   OTR   0 42,000 0
DAEGIS INC COM 233720101 7 6,040 SH   SOLE   0 0 6,040
DAEGIS INC COM 233720101 117 99,411 SH   OTR   0 99,411 0
DATA I O CORP COM 237690102 1,290 428,550 SH   SOLE   0 0 428,550
DATA I O CORP COM 237690102 316 105,000 SH   OTR   0 105,000 0
EASTMAIN RESOURCES INC COM 27743M106 8 20,000 SH   SOLE   0 0 20,000
EATON VANCE TAX ADVANTAGED DIV COM 27828G107 1,190 57,466 SH   SOLE   0 0 57,466
ELECTRO SCIENTIFIC INDS INC COM 285229100 1,112 163,260 SH   SOLE   0 0 163,260
ELECTRO SCIENTIFIC INDS INC COM 285229100 438 64,300 SH   OTR   0 64,300 0
EMERSON ELEC CO COM 291011104 611 9,200 SH   SOLE   0 0 9,200
ENCORE CAP GROUP INC COM 292554102 1,621 35,684 SH   SOLE   0 0 35,684
EPIQ SYS INC COM 26882D109 1,304 92,800 SH   SOLE   0 0 92,800
EXXON MOBIL CORP COM 30231G102 376 3,735 SH   SOLE   0 0 3,735
FEI COMPANY COMMON COM 30241L109 1,203 13,255 SH   SOLE   0 0 13,255
FEI COMPANY COMMON COM 30241L109 853 9,400 SH   OTR   0 9,400 0
FIDELITY NATL FINL INC COM 31620R303 2,655 81,049 SH   SOLE   0 0 81,049
FIRST AMERN FINL CORP COM 31847R102 1,214 43,683 SH   SOLE   0 0 43,683
FIRST BANCORP P R COM 318672706 605 111,300 SH   SOLE   0 0 111,300
FISERV INC COM 337738108 596 9,884 SH   SOLE   0 0 9,884
FORD MOTOR CO COM 345370860 212 12,300 SH   SOLE   0 0 12,300
GENERAC HLDGS INC COM 368736104 609 12,500 SH   SOLE   0 0 12,500
GENERAL ELECTRIC CO COM 369604103 953 36,253 SH   SOLE   0 0 36,253
GENERAL MILLS INC COM 370334104 202 3,840 SH   SOLE   0 0 3,840
GLOBAL PARTNERS LP COM UNIT 37946R109 778 19,153 SH   SOLE   0 0 19,153
GLOBAL PARTNERS LP COM UNIT 37946R109 118 2,900 SH   OTR   0 2,900 0
GOOGLE INC CL A COM 38259P508 1,267 2,167 SH   SOLE   0 0 2,167
GOOGLE INC CL C COM 38259P706 1,226 2,132 SH   SOLE   0 0 2,132
HANSEN MED INC COM 411307101 14 10,750 SH   SOLE   0 0 10,750
HARRIS & HARRIS GROUP INC COM 413833104 16 5,150 SH   SOLE   0 0 5,150
HARRIS & HARRIS GROUP INC COM 413833104 46 14,368 SH   OTR   0 14,368 0
HARVARD APPARATUS REGENERATIVE COM 41690A106 1,143 109,344 SH   SOLE   0 0 109,344
HARVARD APPARATUS REGENERATIVE COM 41690A106 313 30,000 SH   OTR   0 30,000 0
HARVARD BIOSCIENCE INC COM 416906105 1,432 314,750 SH   SOLE   0 0 314,750
HARVARD BIOSCIENCE INC COM 416906105 546 120,000 SH   OTR   0 120,000 0
IMMERSION CORP COM 452521107 1,320 103,736 SH   SOLE   0 0 103,736
IMMERSION CORP COM 452521107 929 73,000 SH   OTR   0 73,000 0
INTEL CORP COM 458140100 209 6,774 SH   SOLE   0 0 6,774
INTERNATIONAL BUSINESS MACHS COM 459200101 443 2,445 SH   SOLE   0 0 2,445
INTEVAC INC COM 461148108 182 22,750 SH   SOLE   0 0 22,750
INVESCO MUN TR COM COM 46131J103 125 10,000 SH   SOLE   0 0 10,000
IROBOT CORP COM 462726100 1,029 25,125 SH   SOLE   0 0 25,125
IROBOT CORP COM 462726100 778 19,000 SH   OTR   0 19,000 0
KAYNE ANDERSON MLP INVT CO COM 486606106 254 6,446 SH   SOLE   0 0 6,446
KULICKE & SOFFA INDS INC COM 501242101 1,385 97,100 SH   SOLE   0 0 97,100
LANTRONIX INC COM 516548203 201 101,839 SH   SOLE   0 0 101,839
LEAPFROG ENTERPRISES INC COM 52186N106 328 44,575 SH   SOLE   0 0 44,575
LEGACY RESERVES LP UNIT LTD PA UNIT LP INT 524707304 1,944 62,240 SH   SOLE   0 0 62,240
LIGHTPATH TECHNOLOGIES INC COM 532257805 393 288,876 SH   SOLE   0 0 288,876
LIGHTPATH TECHNOLOGIES INC COM 532257805 191 140,231 SH   OTR   0 140,231 0
LIME ENERGY CO COM 53261U304 45 17,357 SH   SOLE   0 0 17,357
LIME ENERGY CO COM 53261U304 40 15,714 SH   OTR   0 15,714 0
MAIDEN HOLDINGS LTD COM G5753U112 938 77,550 SH   SOLE   0 0 77,550
MARCHEX INC COM 56624R108 597 49,650 SH   SOLE   0 0 49,650
MARCHEX INC COM 56624R108 721 60,000 SH   OTR   0 60,000 0
MENTOR GRAPHICS CORP COM 587200106 706 32,736 SH   SOLE   0 0 32,736
MFS INTERMEDIATE INCOME TRUST SH BEN INT 55273C107 891 168,667 SH   SOLE   0 0 168,667
MICROSOFT CORP COM 594918104 2,725 65,344 SH   SOLE   0 0 65,344
MICROSOFT CORP COM 594918104 667 16,000 SH   OTR   0 16,000 0
MOODYS CORP COM 615369105 1,508 17,200 SH   SOLE   0 0 17,200
NOKIA CORP COM 654902204 151 20,000 SH   OTR   0 20,000 0
NOVARTIS AG SPONSORED ADR COM 66987V109 471 5,200 SH   SOLE   0 0 5,200
NOVO NORDISK A.S. ADR FORMERLY ADR 670100205 5,866 127,000 SH   SOLE   0 0 127,000
NUANCE COMMUNICATIONS INC COM 67020Y100 1,415 75,400 SH   SOLE   0 0 75,400
NUANCE COMMUNICATIONS INC COM 67020Y100 432 23,000 SH   OTR   0 23,000 0
NUVEEN NEW YORK MUN VALUE FD 2 COM 670706100 295 20,000 SH   SOLE   0 0 20,000
NUVEEN NEW YORK MUNICIPAL VALU COM 67062M105 780 79,000 SH   SOLE   0 0 79,000
ONEOK INC NEW COM 682680103 1,062 15,600 SH   SOLE   0 0 15,600
ORGANOVO HLDGS INC COM 68620A104 530 63,450 SH   SOLE   0 0 63,450
ORGANOVO HLDGS INC COM 68620A104 509 61,000 SH   OTR   0 61,000 0
PALL CORP COM 696429307 683 8,000 SH   SOLE   0 0 8,000
PERCEPTRON INC COM 71361F100 1,243 97,458 SH   SOLE   0 0 97,458
PERCEPTRON INC COM 71361F100 637 50,000 SH   OTR   0 50,000 0
PETMED EXPRESS INC COM 716382106 212 15,693 SH   SOLE   0 0 15,693
POPULAR INC COM 733174700 1,099 32,150 SH   SOLE   0 0 32,150
POWER INTEGRATIONS INC COM 739276103 604 10,500 SH   SOLE   0 0 10,500
PUTNAM MASTER INTER INCOME TRU SH BEN INT 746909100 817 158,654 SH   SOLE   0 0 158,654
RADIANT LOGISTICS INC COM 75025X100 44 14,100 SH   SOLE   0 0 14,100
REACHLOCAL INC COM 75525F104 532 75,710 SH   SOLE   0 0 75,710
REACHLOCAL INC COM 75525F104 235 33,387 SH   OTR   0 33,387 0
ROYAL DUTCH SHELL PLC ADR 780259206 1,071 13,000 SH   SOLE   0 0 13,000
SAN JUAN BASIN RTY COM 798241105 544 28,196 SH   SOLE   0 0 28,196
SANDRIDGE PERMIAN TR COM 80007A102 75 5,900 SH   SOLE   0 0 5,900
SANDRIDGE PERMIAN TR COM 80007A102 127 10,000 SH   OTR   0 10,000 0
SEABRIDGE GOLD INC COM 811916105 842 89,715 SH   SOLE   0 0 89,715
SEABRIDGE GOLD INC COM 811916105 188 20,000 SH   OTR   0 20,000 0
SEACHANGE INTL INC COM 811699107 727 90,800 SH   SOLE   0 0 90,800
SHORETEL INC COM 825211105 992 152,200 SH   SOLE   0 0 152,200
SHORETEL INC COM 825211105 541 83,000 SH   OTR   0 83,000 0
SONIC FDRY INC COM 83545R207 109 10,107 SH   SOLE   0 0 10,107
SONY CORP ADR COM 835699307 413 24,600 SH   SOLE   0 0 24,600
SPDR S&P 500 ETF TR TR UNIT TR UNIT 78462F103 630 3,220 SH   SOLE   0 0 3,220
SUCAMPO PHARMACEUTICALS INC COM 864909106 295 42,825 SH   SOLE   0 0 42,825
SYNOPSYS INC COM 871607107 1,617 41,650 SH   SOLE   0 0 41,650
TARGA RES CORP COM 87612G101 1,717 12,300 SH   SOLE   0 0 12,300
TECUMSEH PRODS CO COM 878895309 451 88,675 SH   SOLE   0 0 88,675
TECUMSEH PRODS CO COM 878895309 290 57,000 SH   OTR   0 57,000 0
TERADYNE INC COM 880770102 1,491 76,080 SH   SOLE   0 0 76,080
THOMSON REUTERS CORP COM 884903105 1,056 29,050 SH   SOLE   0 0 29,050
TIME WARNER INC NEW COM 887317303 471 6,702 SH   SOLE   0 0 6,702
TITAN ENERGY WORLDWIDE INC COM 88828R204 5 200,000 SH   OTR   0 200,000 0
VERIZON COMMUNICATIONS INC COM 92343V104 1,285 26,265 SH   SOLE   0 0 26,265
VITESSE SEMICONDUCTOR CORP COM 928497304 610 176,800 SH   SOLE   0 0 176,800
WEBSTER FINL CORP COM 947890109 1,002 31,782 SH   SOLE   0 0 31,782
WEST MARINE INC COM 954235107 461 44,935 SH   SOLE   0 0 44,935
WESTERN COPPER & GOLD CORP COM 95805v108 80 104,100 SH   SOLE   0 0 104,100
WILEY JOHN & SONS INC COM 968223206 467 7,700 SH   SOLE   0 0 7,700
WILLIAMS COS INC COM 969457100 1,243 21,350 SH   SOLE   0 0 21,350
WYNDHAM WORLDWIDE CORP COM 98310W108 575 7,589 SH   SOLE   0 0 7,589
XCERRA CORP COM 98400J108 1,830 201,051 SH   SOLE   0 0 201,051
ZAGG INC COM 98884U108 14 2,500 SH   SOLE   0 0 2,500
ZAGG INC COM 98884U108 163 30,000 SH   OTR   0 30,000 0
ZIX CORP COM 98974P100 233 68,244 SH   SOLE   0 0 68,244
ZIX CORP COM 98974P100 342 100,000 SH   OTR   0 100,000 0