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
ACCELRYS INC COM COM 00430U103 8,972 720,063 SH   SOLE   720,063 0 0
ACTAVIS PLC SHS COM G0083B108 206 1,000 SH   SOLE   1,000 0 0
ADCARE HEALTH SYSTEMS INC COM 00650W300 42 10,000 SH   SOLE   10,000 0 0
AMCOL INTL CORP COM COM 02341W103 2,568 56,094 SH   SOLE   56,094 0 0
AMERICAN AIRLINES GROUP INC COM 02376R102 358 9,789 SH   SOLE   9,789 0 0
AMERICAN EXPRESS CO COM 025816109 315 3,500 SH   SOLE   3,500 0 0
ARTHROCARE CORP COM COM 043136100 15,986 331,733 SH   SOLE   331,733 0 0
ASCMA 4 07/15/20 CV CONVERTIBLE BOND 043632AA6 1,257 1,250,000 PRN   SOLE   1,250,000 0 0
ATMI INC COM COM 00207R101 13,718 403,353 SH   SOLE   403,353 0 0
AURICO GOLD INC COM COM 05155C105 59 13,477 SH   SOLE   13,477 0 0
AUTONAVI HLDGS LTD SPONSORED A COM 05330F106 3,023 150,832 SH   SOLE   150,832 0 0
BIOTA HOLDINGS LTD COM 090694100 1,907 312,068 SH   SOLE   312,068 0 0
B2GOLD CORP COM NPV COM 11777Q209 43 14,406 SH   SOLE   14,406 0 0
BANK OF AMERICA COM 060505104 1,870 108,729 SH   SOLE   108,729 0 0
BANK OF NEW YORK MELLON CORP COM 064058100 388 11,000 SH   SOLE   11,000 0 0
BEAM INC COM COM 073730103 37,013 444,330 SH   SOLE   444,330 0 0
BECTON DICKINSON & CO COM COM 075887109 211 1,800 SH   SOLE   1,800 0 0
BIOSCRIP INC COM 09069N108 70 10,000 SH   SOLE   10,000 0 0
BOB EVANS FARMS INC COM COM 096761101 2,379 47,546 SH   SOLE   47,546 0 0
BROOKFIELD PPTY PARTNERS L PUN COM G16249107 847 45,270 SH   SOLE   45,270 0 0
CABLEVISION SYS NY GROUP A COM 12686C109 1,797 106,500 SH   SOLE   106,500 0 0
CAPITALSOURCE INC COM COM 14055X102 7,123 488,225 SH   SOLE   488,225 0 0
CBS CORP CLASS A COM 124857103 520 8,400 SH   SOLE   8,400 0 0
CHATHAM LODGING TR COM COM 16208T102 933 46,125 SH   SOLE   46,125 0 0
CHEMED CORPORATION COM 16359R103 246 2,750 SH   SOLE   2,750 0 0
CHEMTURA CORP COM NEW COM 163893209 2,073 81,979 SH   SOLE   81,979 0 0
CHINDEX INTERNATIONAL INC COM COM 169467107 1,275 66,848 SH   SOLE   66,848 0 0
CHIPOTLE MEXICAN GRILL INC CL COM 169656105 3,692 6,500 SH   SOLE   6,500 0 0
CINCINNATI BELL COM 171871106 889 256,883 SH   SOLE   256,883 0 0
CLEAR CHANNEL OUTDOOR HLDGS CL COM 18451C109 128 14,000 SH   SOLE   14,000 0 0
COMCAST CORP CL A SPL COM 20030N200 219 4,500 SH   SOLE   4,500 0 0
COMMONWEALTH REIT COM SH BEN I COM 203233101 810 30,786 SH   SOLE   30,786 0 0
COMMUNITY HEALTH SYSTEMS-CVR WARRANT AND RIGH 203668116 30 492,630 SH   SOLE   492,630 0 0
COMPUWARE CORP COM COM 205638109 6,330 602,852 SH   SOLE   602,852 0 0
COMVERSE INC COM COM 20585P105 1,439 41,615 SH   SOLE   41,615 0 0
COOPER TIRE & RUBBER CO COM 216831107 3,070 126,352 SH   SOLE   126,352 0 0
CORCEPT THERAPEUTICS INC OC-CO COM 218352102 436 100,000 SH   SOLE   100,000 0 0
CORNING INC COM 219350105 375 18,000 SH   SOLE   18,000 0 0
CUBIST PHARMACEUTICALS CVR WARRANT AND RIGH 229678123 530 815,317 SH   SOLE   815,317 0 0
DEAN FOODS CO NEW COM NEW COM 242370203 201 13,000 SH   SOLE   13,000 0 0
DISCOVERY COMMS NEW SER C COM 25470F302 3,653 47,400 SH   SOLE   47,400 0 0
EATON CORP PLC SHS COM G29183103 661 8,800 SH   SOLE   8,800 0 0
ELDORADO GOLD CORP NEW COM COM 284902103 88 15,840 SH   SOLE   15,840 0 0
EMERITUS CORP COM COM 291005106 4,869 154,865 SH   SOLE   154,865 0 0
EMULEX CORP COM NEW COM 292475209 171 23,200 SH   SOLE   23,200 0 0
ENERGEN CORP COM COM 29265N108 819 10,133 SH   SOLE   10,133 0 0
ENERGY TRANSFER PARTNERS L PUN COM 29273R109 660 12,274 SH   SOLE   12,274 0 0
ENERGY XXI (BERMUDA) LTD COM G10082140 1,465 62,140 SH   SOLE   62,140 0 0
EPL OIL & GAS INC COM COM 26883D108 7,253 187,900 SH   SOLE   187,900 0 0
EQUAL ENERGY LTD COM 29390Q109 482 105,292 SH   SOLE   105,292 0 0
EXPRESS SCRIPTS HOLDING COMPAN COM 30219G108 225 3,000 SH   SOLE   3,000 0 0
FOREST LABS INC COM COM 345838106 25,983 281,600 SH   SOLE   281,600 0 0
FOSTER WHEELER AGR COM H27178104 3,184 98,225 SH   SOLE   98,225 0 0
GOLDCORP INC (US) COM 380956409 438 17,872 SH   SOLE   17,872 0 0
GRAHAM HOLDINGS CO. COM 384637104 1,478 2,100 SH   SOLE   2,100 0 0
GRIFOLS SA SP ADR REP B NVT COM 398438408 4,634 112,209 SH   SOLE   112,209 0 0
GRUPO TELEVISA SA DE CV ADR (B COM 40049J206 300 9,000 SH   SOLE   9,000 0 0
HARVEST NAT RES INC COM COM 41754V103 612 162,792 SH   SOLE   162,792 0 0
HEICO CORP NEW CL A COM 422806208 2,008 46,266 SH   SOLE   46,266 0 0
HERTZ GLOBAL HOLDINGS INC COM COM 42805T105 1,311 49,200 SH   SOLE   49,200 0 0
HESS CORP COM 42809H107 1,036 12,500 SH   SOLE   12,500 0 0
HI-TECH PHARMACAL INC COM COM 42840B101 18,130 418,417 SH   SOLE   418,417 0 0
HUDSON CITY BANCORP INC COM COM 443683107 8,688 883,834 SH   SOLE   883,834 0 0
ICU MEDICAL INC COM 44930G107 2,097 35,016 SH   SOLE   35,016 0 0
INTERNATIONAL GAME TECH COM 459902102 1,454 103,400 SH   SOLE   103,400 0 0
ISHARES TR NASDQ BIO INDX MUTUAL FUNDS 464287556 236 1,000 SH   SOLE   1,000 0 0
JONES GROUP INC COM COM 48020T101 515 34,430 SH   SOLE   34,430 0 0
JOS A BANK CLOTHIERS INC COM COM 480838101 11,161 173,579 SH   SOLE   173,579 0 0
KIMBALL INTL INC CL B COM 494274103 810 44,706 SH   SOLE   44,706 0 0
LCA-VISION INC COM PAR $.001 COM 501803308 596 111,342 SH   SOLE   111,342 0 0
LENNAR B SHARES COM 526057302 3,110 95,279 SH   SOLE   95,279 0 0
LEXICON PHARMACEUTICALS INC COM 528872104 26 15,000 SH   SOLE   15,000 0 0
LIBERTY VENTURES SER A COM 53071M880 543 8,338 SH   SOLE   8,338 0 0
LIN MEDIA LLC - A COM 532771102 4,216 159,110 SH   SOLE   159,110 0 0
LSI LOGIC CORP COM COM 502161102 21,390 1,932,229 SH   SOLE   1,932,229 0 0
MARKET VECTORS ETF TR GOLD MIN MUTUAL FUNDS 57060U100 310 13,125 SH   SOLE   13,125 0 0
MARTIN MARIETTA MTLS INC COM COM 573284106 8,107 63,160 SH   SOLE   63,160 0 0
MOLYCORP INC DEL COM COM 608753109 147 31,400 SH   SOLE   31,400 0 0
MORGANS HOTEL GROUP CO COM COM 61748W108 4,072 506,486 SH   SOLE   506,486 0 0
NATIONAL FUEL GAS CO N J COM COM 636180101 413 5,900 SH   SOLE   5,900 0 0
NATIONAL INTERSTATE CORP COM COM 63654U100 2,513 93,722 SH   SOLE   93,722 0 0
NEOGENOMICS INC COM NEW COM 64049M209 69 20,000 SH   SOLE   20,000 0 0
NEWMONT MINING CORP HOLDING CO COM 651639106 261 11,150 SH   SOLE   11,150 0 0
NII HLDGS INC CL B NEW COM 62913F201 18 15,500 SH   SOLE   15,500 0 0
NORDION INC COM COM 65563C105 315 27,379 SH   SOLE   27,379 0 0
NTS INC NEV COM COM 62943B105 449 232,800 SH   SOLE   232,800 0 0
OFFICE DEPOT INC COM 676220106 807 195,461 SH   SOLE   195,461 0 0
OMNICOM GROUP COM COM 681919106 19,037 262,215 SH   SOLE   262,215 0 0
PACER INTL INC TENN COM COM 69373H106 2,358 263,134 SH   SOLE   263,134 0 0
PEABODY ENERGY CORP COM COM 704549104 283 17,300 SH   SOLE   17,300 0 0
PEP BOYS MANNY MOE & JACK COM 713278109 749 58,866 SH   SOLE   58,866 0 0
PHH CORP COM NEW COM 693320202 3,344 129,400 SH   SOLE   129,400 0 0
PLX TECHNOLOGY INC COM COM 693417107 1,038 171,555 SH   SOLE   171,555 0 0
POST HOLDINGS INC COM 737446104 220 4,000 SH   SOLE   4,000 0 0
PROSHARES TRUST PSHS ULSHT SP5 ETF - EQUITY 74347B300 284 10,000 SH   SOLE   10,000 0 0
RANDGOLD RES LTD ADR COM 752344309 272 3,630 SH   SOLE   3,630 0 0
RDA MICROELECTRONICS INC SPONS COM 749394102 5,621 313,502 SH   SOLE   313,502 0 0
RF MICRO DEVICES INC COM COM 749941100 1,578 200,233 SH   SOLE   200,233 0 0
RIVERBED TECHNOLOGY INC COM COM 768573107 3,037 154,072 SH   SOLE   154,072 0 0
SAFEWAY INC COM NEW COM 786514208 5,271 142,700 SH   SOLE   142,700 0 0
SANOFI-AVENTIS-CVR COM 80105N113 88 284,041 SH   SOLE   284,041 0 0
SCHAWK INC CL A COM 806373106 646 32,313 SH   SOLE   32,313 0 0
SHANDA GAMES LTD SP ADR REPTG COM 81941U105 1,953 300,898 SH   SOLE   300,898 0 0
SIRIUS XM HOLDINGS INC COM 82968B103 3,689 1,152,834 SH   SOLE   1,152,834 0 0
SNDK 1 1/2 08/17 CONVERTIBLE BOND 80004CAD3 206 125,000 PRN   SOLE   125,000 0 0
SNYDERS LANCE INC COM COM 833551104 282 10,000 SH   SOLE   10,000 0 0
SPWRA 4 1/2 03/15 CONVERTIBLE BOND 867652AE9 1,513 1,000,000 PRN   SOLE   1,000,000 0 0
SUPERTEX INC COM COM 868532102 4,689 142,174 SH   SOLE   142,174 0 0
SWS GROUP INC COM 78503N107 1,149 153,631 SH   SOLE   153,631 0 0
TELEPHONE & DATA SYS COM 879433829 451 17,218 SH   SOLE   17,218 0 0
TEXAS INSTRUMENTS INC COM 882508104 330 7,000 SH   SOLE   7,000 0 0
TIME WARNER CABLE INC COM COM 88732J207 9,602 69,992 SH   SOLE   69,992 0 0
TOWER GROUP INTL LTD COM COM G8988C105 94 34,987 SH   SOLE   34,987 0 0
TWENTY FIRST CENTY FOX B COM 90130A200 311 10,000 SH   SOLE   10,000 0 0
T-MOBILE US INC COM 872590104 429 12,997 SH   SOLE   12,997 0 0
UNIVERSAL AMERICAN CORP COM 91338E101 666 94,145 SH   SOLE   94,145 0 0
UNS ENERGY CORPORATION COM COM 903119105 5,760 95,947 SH   SOLE   95,947 0 0
VERIZON COMMUNICATIONS COM 92343V104 3,915 82,302 SH   SOLE   82,302 0 0
VIACOM INC NEW CL A COM 92553P102 563 6,600 SH   SOLE   6,600 0 0
WEATHERFORD INTERNATIONAL LTD COM H27013103 2,603 149,969 SH   SOLE   149,969 0 0
WELLS FARGO & CO NEW COM 949746101 4,066 81,743 SH   SOLE   81,743 0 0
WILLBROS GROUP INC DEL COM COM 969203108 177 14,000 SH   SOLE   14,000 0 0
WRIGHT MEDICAL GROUP INC-CVR 3 COM 98235T115 21 25,569 SH   SOLE   25,569 0 0
YAMANA GOLD INC COM COM 98462Y100 132 14,997 SH   SOLE   14,997 0 0
YONGYE INTL INC COM COM 98607B106 153 22,538 SH   SOLE   22,538 0 0
ZALE CORP NEW COM 988858106 5,862 280,367 SH   SOLE   280,367 0 0