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 472 30,275 SH   SOLE   0 0 30,275
ABBVIE INC COM 00287Y109 222 3,840 SH   SOLE   0 0 3,840
ABERDEEN ASIA-PACIFIC INCOME F COM 003009107 390 66,100 SH   SOLE   0 0 66,100
ACCELERIZE INC COM 00435A102 1,200 1,000,000 SH   OTR   0 1,000,000 0
AFFYMETRIX INC COM 00826T108 1,242 155,625 SH   SOLE   0 0 155,625
AFFYMETRIX INC COM 00826T108 1,157 145,000 SH   OTR   0 145,000 0
ALLERGAN INC COM 018490102 1,657 9,300 SH   SOLE   0 0 9,300
ALLIANCE FIBER OPTIC PRODS INC COM 018680306 629 50,600 SH   SOLE   0 0 50,600
ALLIANCE FIBER OPTIC PRODS INC COM 018680306 736 59,250 SH   OTR   0 59,250 0
AMAZON COM INC COM 023135106 919 2,850 SH   SOLE   0 0 2,850
AMERICAN BIO MEDICAL INC COM 024600108 34 275,500 SH   SOLE   0 0 275,500
AMERICAN BIO MEDICAL INC COM 024600108 12 99,814 SH   OTR   0 99,814 0
ANGIES LIST INC COM 034754101 68 10,600 SH   SOLE   0 0 10,600
APPLE INC COM 037833100 315 3,122 SH   SOLE   0 0 3,122
ARRIS GROUP INC COM 04270V106 1,661 58,567 SH   SOLE   0 0 58,567
ATLAS ENERGY L P COM UNIT 04930A104 937 21,300 SH   SOLE   0 0 21,300
AUTOMATIC DATA PROCESSING INC COM 053015103 958 11,528 SH   SOLE   0 0 11,528
AXCELIS TECHNOLOGIES INC COM 054540109 659 331,100 SH   SOLE   0 0 331,100
AXCELIS TECHNOLOGIES INC COM 054540109 398 200,000 SH   OTR   0 200,000 0
BAYTEX ENERGY CORP COM 07317Q105 2,121 56,023 SH   SOLE   0 0 56,023
BECTON DICKINSON & CO COM 075887109 489 4,300 SH   SOLE   0 0 4,300
BERKSHIRE HATHAWAY INC COM 084670702 843 6,100 SH   SOLE   0 0 6,100
BLACKSTONE GROUP L P COM UNIT 09253U108 680 21,600 SH   SOLE   0 0 21,600
BOISE CASCADE CO COM 09739D100 469 15,555 SH   SOLE   0 0 15,555
BOTTOMLINE TECHNOLOGIES DEL IN COM 101388106 1,841 66,710 SH   SOLE   0 0 66,710
BROADVISION INC COM 111412706 435 48,550 SH   SOLE   0 0 48,550
BROADVISION INC COM 111412706 224 25,000 SH   OTR   0 25,000 0
BROOKS AUTOMATION INC COM 114340102 1,287 122,479 SH   SOLE   0 0 122,479
CAS MED SYS INC COM PAR $0 004 COM 124769209 113 58,000 SH   SOLE   0 0 58,000
CHEGG INC COM 163092109 459 73,600 SH   SOLE   0 0 73,600
CHEVRON CORP COM 166764100 211 1,765 SH   SOLE   0 0 1,765
CISCO SYSTEMS INC COM 17275R102 736 29,250 SH   SOLE   0 0 29,250
CONOCOPHILLIPS COM 20825C104 231 3,020 SH   SOLE   0 0 3,020
CORE LABORATORIES NV COM N22717107 1,751 11,958 SH   SOLE   0 0 11,958
CRESCENT PT ENERGY CORP COM 22576C101 967 26,740 SH   SOLE   0 0 26,740
CYBEROPTICS CORP COM 232517102 804 71,650 SH   SOLE   0 0 71,650
CYBEROPTICS CORP COM 232517102 471 42,000 SH   OTR   0 42,000 0
DAEGIS INC COM 233720101 5 6,040 SH   SOLE   0 0 6,040
DAEGIS INC COM 233720101 81 99,411 SH   OTR   0 99,411 0
DATA I O CORP COM 237690102 1,398 425,050 SH   SOLE   0 0 425,050
DATA I O CORP COM 237690102 362 110,000 SH   OTR   0 110,000 0
EASTMAIN RESOURCES INC COM 27743M106 4 20,000 SH   SOLE   0 0 20,000
EATON VANCE TAX ADVANTAGED DIV COM 27828G107 1,154 57,166 SH   SOLE   0 0 57,166
ELECTRO SCIENTIFIC INDS INC COM 285229100 1,232 181,435 SH   SOLE   0 0 181,435
ELECTRO SCIENTIFIC INDS INC COM 285229100 538 79,300 SH   OTR   0 79,300 0
ELOT INC COM 29014q105 0 52,863 SH   SOLE   0 0 52,863
EMERSON ELEC CO COM 291011104 732 11,700 SH   SOLE   0 0 11,700
ENCORE CAP GROUP INC COM 292554102 1,581 35,684 SH   SOLE   0 0 35,684
EPIQ SYS INC COM 26882D109 1,630 92,800 SH   SOLE   0 0 92,800
EXXON MOBIL CORP COM 30231G102 431 4,585 SH   SOLE   0 0 4,585
FACEBOOK INC COM 30303M102 206 2,600 SH   SOLE   0 0 2,600
FEI COMPANY COM 30241L109 1,055 13,985 SH   SOLE   0 0 13,985
FEI COMPANY COM 30241L109 709 9,400 SH   OTR   0 9,400 0
FIDELITY INTERMED BOND FUND COM 315912105 273 25,000 SH   SOLE   0 0 25,000
FIDELITY NATL FINL INC COM 31620R303 2,233 80,495 SH   SOLE   0 0 80,495
FIDELITY NATL FINL INC COM 31620R402 348 25,296 SH   SOLE   0 0 25,296
FIRST AMERN FINL CORP COM 31847R102 1,179 43,483 SH   SOLE   0 0 43,483
FIRST BANCORP P R COM 318672706 527 111,000 SH   SOLE   0 0 111,000
FISERV INC COM 337738108 639 9,884 SH   SOLE   0 0 9,884
FORD MOTOR CO COM 345370860 182 12,300 SH   SOLE   0 0 12,300
FRESH MKT INC COM 35804H106 567 16,225 SH   SOLE   0 0 16,225
FRESH MKT INC COM 35804H106 419 12,000 SH   OTR   0 12,000 0
GENERAC HLDGS INC COM 368736104 507 12,500 SH   SOLE   0 0 12,500
GENERAL ELECTRIC CO COM 369604103 968 37,765 SH   SOLE   0 0 37,765
GENIE ENERGY LTD PFD SER 372284307 241 33,242 SH   SOLE   0 0 33,242
GILEAD SCIENCES INC COM 375558103 213 2,000 SH   SOLE   0 0 2,000
GLOBAL PARTNERS LP COM UNIT RE COM UNIT 37946R109 798 19,153 SH   SOLE   0 0 19,153
GLOBAL PARTNERS LP COM UNIT RE COM UNIT 37946R109 121 2,900 SH   OTR   0 2,900 0
GOOGLE INC CL A COM 38259P508 1,284 2,182 SH   SOLE   0 0 2,182
GOOGLE INC CL C COM 38259P706 1,219 2,112 SH   SOLE   0 0 2,112
HANSEN MED INC COM 411307101 13 10,750 SH   SOLE   0 0 10,750
HARVARD APPARATUS REGENERATIVE COM 41690A106 873 107,744 SH   SOLE   0 0 107,744
HARVARD APPARATUS REGENERATIVE COM 41690A106 243 30,000 SH   OTR   0 30,000 0
HARVARD BIOSCIENCE INC COM 416906105 1,276 311,950 SH   SOLE   0 0 311,950
HARVARD BIOSCIENCE INC COM 416906105 491 120,000 SH   OTR   0 120,000 0
IMMERSION CORP COM 452521107 844 98,336 SH   SOLE   0 0 98,336
IMMERSION CORP COM 452521107 626 73,000 SH   OTR   0 73,000 0
IMVESCOR RESTAURANT GROUP INC COM 45323p109 117 70,000 SH   OTR   0 70,000 0
INTEL CORP COM 458140100 236 6,774 SH   SOLE   0 0 6,774
INTERNATIONAL BUSINESS MACHS COM 459200101 464 2,445 SH   SOLE   0 0 2,445
INTEVAC INC COM 461148108 152 22,750 SH   SOLE   0 0 22,750
INVESCO MUN TR COM 46131J103 125 10,000 SH   SOLE   0 0 10,000
IROBOT CORP COM 462726100 762 25,025 SH   SOLE   0 0 25,025
IROBOT CORP COM 462726100 579 19,000 SH   OTR   0 19,000 0
KAYNE ANDERSON MLP INVT CO COM 486606106 215 5,266 SH   SOLE   0 0 5,266
KULICKE & SOFFA INDS INC COM 501242101 1,377 96,800 SH   SOLE   0 0 96,800
LANTRONIX INC COM 516548203 166 93,339 SH   SOLE   0 0 93,339
LEAPFROG ENTERPRISES INC COM 52186N106 243 40,625 SH   SOLE   0 0 40,625
LEGACY RESERVES LP UNIT LP INT 524707304 1,847 62,240 SH   SOLE   0 0 62,240
LIGHTPATH TECHNOLOGIES INC COM 532257805 405 275,476 SH   SOLE   0 0 275,476
LIGHTPATH TECHNOLOGIES INC COM 532257805 206 140,231 SH   OTR   0 140,231 0
MAIDEN HOLDINGS LTD COM G5753U112 859 77,550 SH   SOLE   0 0 77,550
MARCHEX INC COM 56624R108 194 46,650 SH   SOLE   0 0 46,650
MARCHEX INC COM 56624R108 249 60,000 SH   OTR   0 60,000 0
MENTOR GRAPHICS CORP COM 587200106 671 32,736 SH   SOLE   0 0 32,736
MFS INTERNEDIATE INCOME TRUST SH BEN INT 55273C107 840 167,667 SH   SOLE   0 0 167,667
MICROSOFT CORP COM 594918104 2,974 64,144 SH   SOLE   0 0 64,144
MICROSOFT CORP COM 594918104 742 16,000 SH   OTR   0 16,000 0
MOODYS CORP COM 615369105 1,625 17,200 SH   SOLE   0 0 17,200
NANOPHASE TECHNOLOGIES CORP COM 630079101 30 62,950 SH   SOLE   0 0 62,950
NGL ENERGY PARTNERS LP COM UNIT 62913M107 799 20,300 SH   SOLE   0 0 20,300
NOVARTIS AG SPONSORED ADR COM 66987V109 489 5,200 SH   SOLE   0 0 5,200
NOVO NORDISK A.S. ADR FORMERLY ADR 670100205 6,048 127,000 SH   SOLE   0 0 127,000
NUANCE COMMUNICATIONS INC COM 67020Y100 1,143 74,160 SH   SOLE   0 0 74,160
NUANCE COMMUNICATIONS INC COM 67020Y100 355 23,000 SH   OTR   0 23,000 0
NUVEEN NEW YORK MUN VALUE FD 2 COM 670706100 289 20,000 SH   SOLE   0 0 20,000
NUVEEN NEW YORK MUNICIPAL VALU COM 67062M105 767 79,000 SH   SOLE   0 0 79,000
ONEOK INC COM 682680103 1,023 15,600 SH   SOLE   0 0 15,600
ORGANOVO HLDGS INC COM 68620A104 400 62,850 SH   SOLE   0 0 62,850
ORGANOVO HLDGS INC COM 68620A104 389 61,000 SH   OTR   0 61,000 0
PALL CORP COM 696429307 670 8,000 SH   SOLE   0 0 8,000
PERCEPTRON INC COM 71361F100 915 93,506 SH   SOLE   0 0 93,506
PERCEPTRON INC COM 71361F100 489 50,000 SH   OTR   0 50,000 0
PETMED EXPRESS INC COM 716382106 196 14,393 SH   SOLE   0 0 14,393
POPULAR INC COM 733174700 943 32,050 SH   SOLE   0 0 32,050
POWER INTEGRATIONS INC COM 739276103 566 10,500 SH   SOLE   0 0 10,500
PUTNAM MASTER INTER SH BEN INT 746909100 848 168,654 SH   SOLE   0 0 168,654
RADIANT LOGISTICS INC COM 75025X100 52 14,100 SH   SOLE   0 0 14,100
REACHLOCAL INC COM 75525F104 280 77,460 SH   SOLE   0 0 77,460
REACHLOCAL INC COM 75525F104 180 50,000 SH   OTR   0 50,000 0
ROYAL DUTCH SHELL PLC SPONSORE SPONSORED ADR 780259206 967 12,700 SH   SOLE   0 0 12,700
SAN JUAN BASIN RTY TR UNIT 798241105 531 27,946 SH   SOLE   0 0 27,946
SANDRIDGE PERMIAN TR COM UNIT 80007A102 57 5,900 SH   SOLE   0 0 5,900
SANDRIDGE PERMIAN TR COM UNIT 80007A102 97 10,000 SH   OTR   0 10,000 0
SEABRIDGE GOLD INC COM 811916105 720 89,515 SH   SOLE   0 0 89,515
SEABRIDGE GOLD INC COM 811916105 161 20,000 SH   OTR   0 20,000 0
SEACHANGE INTL INC COM 811699107 632 90,800 SH   SOLE   0 0 90,800
SHORETEL INC COM 825211105 1,008 151,600 SH   SOLE   0 0 151,600
SHORETEL INC COM 825211105 552 83,000 SH   OTR   0 83,000 0
SONIC FDRY INC COM 83545R207 96 10,107 SH   SOLE   0 0 10,107
SONY CORP ADR COM 835699307 455 25,200 SH   SOLE   0 0 25,200
SPDR S&P 500 ETF TR TR UNIT 78462F103 615 3,120 SH   SOLE   0 0 3,120
SYNOPSYS INC COM 871607107 1,653 41,650 SH   SOLE   0 0 41,650
TARGA RES CORP COM 87612G101 1,675 12,300 SH   SOLE   0 0 12,300
TECUMSEH PRODS CO COM 878895309 366 85,175 SH   SOLE   0 0 85,175
TECUMSEH PRODS CO COM 878895309 245 57,000 SH   OTR   0 57,000 0
TERADYNE INC COM 880770102 1,469 75,780 SH   SOLE   0 0 75,780
THOMSON REUTERS CORP COM 884903105 1,349 37,050 SH   SOLE   0 0 37,050
TIME WARNER INC COM 887317303 504 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 1,346 26,917 SH   SOLE   0 0 26,917
VITESSE SEMICONDUCTOR CORP COM 928497304 633 175,800 SH   SOLE   0 0 175,800
WEBSTER FINL CORP COM 947890109 926 31,782 SH   SOLE   0 0 31,782
WEST MARINE INC COM 954235107 386 42,935 SH   SOLE   0 0 42,935
WESTERN COPPER & GOLD CORP COM 95805V108 60 104,100 SH   SOLE   0 0 104,100
WILEY JOHN & SONS INC COM 968223206 432 7,700 SH   SOLE   0 0 7,700
WILLIAMS COS INC COM 969457100 1,182 21,350 SH   SOLE   0 0 21,350
WYNDHAM WORLDWIDE CORP COM 98310W108 617 7,589 SH   SOLE   0 0 7,589
XCERRA CORP COM 98400J108 1,968 201,051 SH   SOLE   0 0 201,051
XCERRA CORP COM 98400J108 98 10,000 SH   OTR   0 10,000 0
ZAGG INC COM 98884U108 14 2,500 SH   SOLE   0 0 2,500
ZAGG INC COM 98884U108 167 30,000 SH   OTR   0 30,000 0
ZIX CORP COM 98974P100 205 60,056 SH   SOLE   0 0 60,056
ZIX CORP COM 98974P100 342 100,000 SH   OTR   0 100,000 0