Stevens Capital Management as of March 31, 2008
Portfolio Holdings for Stevens Capital Management
Stevens Capital Management holds 0 positions in its portfolio as reported in the March 2008 quarterly 13F filing
{S} {C}
VALUE SHRS/PRN SH/ PUT/ INV OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) AMOUNT PRN CALL DISCR MANAGERS SOLE
3COM CORP COM 885535104 23 10000 SH CALL SOLE 10000
A H BELO CORP COM CL A 001282102 121 10589 SH SOLE 10589
ABN AMRO HLDG NV SPONSORED ADR 000937102 206 3436 SH SOLE 3436
ACCESS INTEGRATED TECHNLGS I CL A 004329108 33 10549 SH SOLE 10549
ACM MANAGED DLR INCOME FD COM 000949107 87 12300 SH SOLE 12300
ACME COMMUNICATION INC COM 004631107 27 13600 SH SOLE 13600
ACTIONS SEMICONDUCTOR CO LTD ADR 00507E107 33 11148 SH SOLE 11148
ACTUATE CORP COM 00508B102 42 10294 SH SOLE 10294
ACUSPHERE INC COM 00511R870 5 10018 SH SOLE 10018
AFFILIATED COMPUTER SERVICES CL A 008190100 330 6587 SH SOLE 6587
AFFILIATED MANAGERS GROUP COM 008252108 251 2769 SH SOLE 2769
AIRCASTLE LTD COM G0129K104 119 10601 SH SOLE 10601
AIRNET SYS INC COM 009417106 45 17165 SH SOLE 17165
AK STL HLDG CORP COM 001547108 268 4928 SH SOLE 4928
ALABAMA AIRCRAFT IND INC COM 01023E100 429 1977 SH SOLE 1977
ALCON INC COM SHS H01301102 248 1742 SH SOLE 1742
ALESCO FINL INC COM 014485106 57 19686 SH SOLE 19686
ALEXANDRIA REAL ESTATE EQ IN COM 015271109 726 7825 SH SOLE 7825
ALLOY INC NEW COM 019855303 86 11755 SH SOLE 11755
AMERICAN CMNTY NEWSPAPERS IN COM 02520T103 16 19100 SH SOLE 19100
AMERICAN STRATEGIC INCM PTFL COM 030098107 150 14000 SH SOLE 14000
AMERICANWEST BANCORPORATION COM 03058P109 127 14521 SH SOLE 14521
AMERIGROUP CORP COM 03073T102 213 7808 SH SOLE 7808
AMERN STRATEGIC INCOME PTFL COM 030099105 124 11500 SH SOLE 11500
AMN HEALTHCARE SERVICES INC COM 001744101 185 11989 SH SOLE 11989
AMPHENOL CORP NEW CL A 032095101 310 8314 SH SOLE 8314
ANGIOTECH PHARMACEUTICALS IN COM 034918102 68 32197 SH SOLE 32197
ANTHRACITE CAP INC COM 037023108 72 10965 SH SOLE 10965
ANWORTH MORTGAGE ASSET CP COM 037347101 84 13649 SH SOLE 13649
APOGEE ENTERPRISES INC COM 037598109 167 10827 SH SOLE 10827
APPLIED DIGITAL SOLUTIONS COM NEW 038188306 15 22522 SH SOLE 22522
ARENA PHARMACEUTICALS INC COM 040047102 183 26811 SH SOLE 26811
ARTHROCARE CORP COM 043136100 255 7660 SH SOLE 7660
ASSISTED LIVING CONCPT NEV N CL A 04544X102 153 26045 SH SOLE 26045
ATMEL CORP COM 049513104 68 19439 SH SOLE 19439
AURORA OIL & GAS CORP COM 052036100 10 16100 SH SOLE 16100
AUTHENTIDATE HLDG CORP COM 052666104 4 10100 SH SOLE 10100
AUTOLIV INC COM 052800109 287 5717 SH SOLE 5717
AXT INC COM 00246W103 62 12998 SH SOLE 12998
BANCO BRADESCO S A SP ADR PFD NEW 059460303 261 9419 SH SOLE 9419
BANK OF MARIN BANCORP COM 063425102 291 9699 SH SOLE 9699
BANK OF THE OZARKS INC COM 063904106 787 32925 SH SOLE 32925
BARNES GROUP INC COM 067806109 228 9927 SH SOLE 9927
BARRIER THERAPEUTICS INC COM 06850R108 44 12856 SH SOLE 12856
BAUER EDDIE HLDGS INC COM 071625107 61 15709 SH SOLE 15709
BEARINGPOINT INC COM 074002106 145 86551 SH SOLE 86551
BELL MICROPRODUCTS INC COM 078137106 22 10975 SH SOLE 10975
BERKSHIRE HATHAWAY INC DEL CL B 084670207 273 61 SH SOLE 61
BEVERLY HILLS BANCORP DEL COM 087866109 29 11600 SH SOLE 11600
BFC FINL CORP CL A 055384200 45 37584 SH SOLE 37584
BIOGEN IDEC INC COM 09062X103 298 4832 SH SOLE 4832
BLACKROCK CORE BD TR SHS BEN INT 09249E101 183 15500 SH SOLE 15500
BLACKROCK CORPOR HI YLD FD V COM 09255N102 149 13700 SH SOLE 13700
BLACKROCK HIGH INCOME SHS SHS BEN INT 09250E107 30 15100 SH SOLE 15100
BLACKROCK LTD DURATION INC T COM SHS 09249W101 176 11900 SH SOLE 11900
BLACKROCK REAL ASSET EQUITY COM 09254B109 174 10700 SH SOLE 10700
BLACKROCK STRAT DIVD ACHIEVE COM 09249Y107 180 15700 SH SOLE 15700
BLOCKBUSTER INC CL B 093679207 41 14502 SH SOLE 14502
BOSTON BEER INC CL A 100557107 215 4518 SH SOLE 4518
BOULDER GROWTH & INCOME FD I COM 101507101 122 14700 SH SOLE 14700
BRANDYWINE OPER PARTNERSHIP NOTE 3.875%10/1 105340AH6 426 500000 PRN SOLE 500000
BROOKS AUTOMATION INC COM 114340102 110 11345 SH SOLE 11345
BSD MED CORP DEL COM 055662100 64 11200 SH SOLE 11200
BUILDERS FIRSTSOURCE INC COM 12008R107 86 11879 SH SOLE 11879
C^D TECHNOLOGIES INC COM 124661109 81 16146 SH SOLE 16146
CACI INTL INC CL A 127190304 376 8250 SH SOLE 8250
CADENCE PHARMACEUTICALS INC COM 12738T100 72 12030 SH SOLE 12030
CALAMOS GBL DYN INCOME FUND COM 12811L107 179 16000 SH SOLE 16000
CALLWAVE INC DEL COM 13126N101 60 23100 SH SOLE 23100
CAPITALSOURCE INC COM 14055X102 184 19059 SH SOLE 19059
CARDIAC SCIENCE CORP COM 14141A108 169 20280 SH SOLE 20280
CASCADE BANCORP COM 147154108 129 13520 SH SOLE 13520
CASUAL MALE RETAIL GRP INC COM 148711104 53 12689 SH SOLE 12689
CATALYST PHARM PARTNERS INC COM 14888U101 45 12080 SH SOLE 12080
CAVALIER HOMES INC COM 149507105 21 13394 SH SOLE 13394
CDN IMPERIAL BK OF COMMERCE COM 136069101 223 3455 SH SOLE 3455
CEC ENTMT INC COM 125137109 249 8628 SH SOLE 8628
CELL GENESYS INC COM 150921104 58 24694 SH SOLE 24694
CENTER BANCORP INC COM 151408101 184 17330 SH SOLE 17330
CERUS CORP COM 157085101 82 14171 SH SOLE 14171
CHARTER COMMUNICATIONS INC D CL A 16117M107 14 15973 SH SOLE 15973
CHESAPEAKE ENERGY CORP PFD CONV 165167842 565 5000 SH SOLE 5000
CHINA PETE & CHEM CORP SPON ADR H SHS 16941R108 495 5756 SH SOLE 5756
CHIPMOS TECH BERMUDA LTD SHS G2110R106 47 14659 SH SOLE 14659
CHORDIANT SOFTWARE INC COM NEW 170404305 66 10954 SH SOLE 10954
CHURCHILL DOWNS INC COM 171484108 435 9205 SH SOLE 9205
CIBER INC COM 17163B102 59 12082 SH SOLE 12082
CIGNA CORP COM 125509109 220 5426 SH SOLE 5426
CLOUGH GLOBAL OPPORTUNITIES SH BEN INT 18914E106 175 10700 SH SOLE 10700
CME GROUP INC COM 12572Q105 235 500 SH CALL SOLE 500
COCA COLA FEMSA S A B DE C V SPON ADR REP L 191241108 345 6122 SH SOLE 6122
COMCAST CORP NEW CL A 20030N101 256 13217 SH SOLE 13217
COMMERCE BANCSHARES INC COM 200525103 279 6650 SH SOLE 6650
COMPANHIA DE SANEAMENTO BASI SPONSORED ADR 20441A102 203 4580 SH SOLE 4580
COMPANIA DE MINAS BUENAVENTU SPONSORED ADR 204448104 243 3554 SH SOLE 3554
COMPRASS DIVERSIFIED HOLDING SH BEN INT 20451Q104 138 10461 SH SOLE 10461
COMSTOCK HOMEBUILDING COS IN CL A 205684103 12 13500 SH SOLE 13500
CONCORD CAMERA CORP COM NEW 206156200 57 15100 SH SOLE 15100
CONEXANT SYSTEMS INC COM 207142100 21 35511 SH SOLE 35511
COUNTRYWIDE FINANCIAL CORP COM 222372104 95 17318 SH SOLE 17318
COVAD COMMUNICATIONS GROUP I COM 222814204 20 20300 SH SOLE 20300
CRAY INC COM NEW 225223304 90 15069 SH SOLE 15069
CREDIT SUISSE HIGH YLD BND F SH BEN INT 22544F103 40 12900 SH SOLE 12900
CRESCENT FINL CORP COM 225744101 112 13450 SH SOLE 13450
CRITICAL THERAPEUTICS INC COM 22674T105 28 39931 SH SOLE 39931
CRITICARE SYS INC COM 226901106 164 30400 SH SOLE 30400
CROWN CRAFTS INC COM 228309100 47 13300 SH SOLE 13300
CURTISS WRIGHT CORP COM 231561101 324 7814 SH SOLE 7814
CYTRX CORP COM NEW 232828301 13 11129 SH SOLE 11129
DAG MEDIA INC COM 233729102 53 54500 SH SOLE 54500
DANA HOLDING CORP COM 235825205 195 19452 SH SOLE 19452
DAYTON SUPERIOR CORP COM 240028308 42 14300 SH SOLE 14300
DEARBORN BANCORP INC COM 24242R108 156 20480 SH SOLE 20480
DELPHI FINL GROUP INC CL A 247131105 222 7596 SH SOLE 7596
DELTA AIR LINES INC DEL COM NEW 247361702 190 22037 SH SOLE 22037
DENNYS CORP COM 24869P104 68 22939 SH SOLE 22939
DEPOMED INC COM 249908104 79 23105 SH SOLE 23105
DESARROLLADORA HOMEX S A DE SPONSORED ADR 25030W100 296 5105 SH SOLE 5105
DEVON ENERGY CORP NEW COM 25179M103 248 2379 SH SOLE 2379
DIAGEO P L C SPON ADR NEW 25243Q205 348 4276 SH SOLE 4276
DIAMOND MGMT & TECHNOLOGY CO COM 25269L106 151 23361 SH SOLE 23361
DIGI INTL INC COM 253798102 158 13662 SH SOLE 13662
DOMTAR CORP COM 257559104 114 16647 SH SOLE 16647
DOT HILL SYS CORP COM 25848T109 64 21366 SH SOLE 21366
DRDGOLD LIMITED SPON ADR NEW 26152H301 164 16718 SH SOLE 16718
DREMAN/CLAYMORE DIVID & INC COM 26153R100 149 10400 SH SOLE 10400
DREYFUS HIGH YIELD STRATEGIE SH BEN INT 26200S101 55 15800 SH SOLE 15800
DWS HIGH INCOME TR SHS 23337C109 50 10900 SH SOLE 10900
DWS MULTI MKT INCOME TR SHS 23338L108 161 20100 SH SOLE 20100
DYAX CORP COM 26746E103 92 19419 SH SOLE 19419
E M C CORP MASS NOTE 1.750%12/0 268648AM4 1173 1000000 PRN SOLE 1000000
E M C CORP MASS NOTE 1.750%12/0 268648AK8 1174 1000000 PRN SOLE 1000000
E TRADE FINANCIAL CORP COM 269246104 56 14396 SH SOLE 14396
EATON VANCE TX MGD DIV EQ IN COM 27828N102 174 11300 SH SOLE 11300
ECTEL LTD ORD M29925100 45 18100 SH SOLE 18100
EDIETS COM INC COM 280597105 82 18538 SH SOLE 18538
EMAGEON INC COM 29076V109 33 14507 SH SOLE 14507
EMERSON RADIO CORP COM NEW 291087203 19 16700 SH SOLE 16700
EMMIS COMMUNICATIONS CORP CL A 291525103 78 22281 SH SOLE 22281
ENERGIZER HLDGS INC COM 29266R108 596 6591 SH SOLE 6591
ENERGY PARTNERS LTD COM 29270U105 136 14365 SH SOLE 14365
ENPRO INDS INC COM 29355X107 284 9115 SH SOLE 9115
ENTERTAINMENT DIST CO INC COM 29382J105 10 20238 SH SOLE 20238
EOG RES INC COM 26875P101 691 5755 SH SOLE 5755
EPIC BANCORP COM 294250105 185 15700 SH SOLE 15700
EPIX PHARMACEUTICALS INC COM NEW 26881Q309 23 16025 SH SOLE 16025
EVCI CAREER COLLEGES HLDG CO COM NEW 26926P308 3 26700 SH SOLE 26700
EVERGREEN MULTI SECT INC FUN COM SHS 30024Y104 181 11500 SH SOLE 11500
EVERGREEN SOLAR INC COM 30033R108 155 16762 SH SOLE 16762
EVOLUTION PETROLEUM CORP COM 30049A107 53 11600 SH SOLE 11600
EXPRESS SCRIPTS INC COM 302182100 442 6873 SH SOLE 6873
EXPRESSJET HOLDINGS INC CL A 30218U108 72 27321 SH SOLE 27321
EXXON MOBIL CORP COM 30231G102 211 2500 SH PUT SOLE 2500
FEDFIRST FINL CORP COM 31429X105 98 11800 SH SOLE 11800
FELDMAN MALL PPTYS INC COM 314308107 94 36300 SH SOLE 36300
FINISAR COM 31787A101 19 15047 SH SOLE 15047
FINISH LINE INC CL A 317923100 97 20380 SH SOLE 20380
FIRST FINL BANCORP OH COM 320209109 540 40129 SH SOLE 40129
FIRST MARBLEHEAD CORP COM 320771108 84 11211 SH SOLE 11211
FIRST REGL BANCORP COM 33615C101 305 18596 SH SOLE 18596
FORTRESS INTL GROUP INC COM 34958D102 68 15890 SH SOLE 15890
FOSSIL INC COM 349882100 284 9313 SH SOLE 9313
FOSTER WHEELER LTD SHS NEW G36535139 234 4130 SH SOLE 4130
FRIEDMAN BILLINGS RAMSEY GRO CL A 358434108 137 80569 SH SOLE 80569
GENERAL EMPLOYMENT ENTERPRIS COM 369730106 40 29000 SH SOLE 29000
GENEREX BIOTECHNOLOGY CP DEL COM 371485103 12 11309 SH SOLE 11309
GENTA INC COM PAR $0.001 37245M504 6 16136 SH SOLE 16136
GENZYME CORP NOTE 1.250%12/0 372917AN4 1153 1000000 PRN SOLE 1000000
GERON CORP COM 374163103 89 18192 SH SOLE 18192
GIGA TRONICS INC COM 375175106 16 11040 SH SOLE 11040
GLOBAL INCOME FD INC COM 37934Y108 124 30612 SH SOLE 30612
GOLDEN CYCLE GOLD CORP COM 380894105 418 43387 SH SOLE 43387
GOLDLEAF FINANCIAL SOLUTIONS COM NEW 38144H208 29 14000 SH SOLE 14000
GOOGLE INC CL A 38259P508 264 600 SH CALL SOLE 600
GRAVITY CO LTD SPONSORED ADR 38911N107 18 13400 SH SOLE 13400
GREAT LAKES DREDGE & DOCK CO COM 390607109 91 17666 SH SOLE 17666
GREAT WOLF RESORTS INC COM 391523107 101 15839 SH SOLE 15839
GRIFFON CORP COM 398433102 153 17843 SH SOLE 17843
GRUPO FINANCIERO GALICIA S A SP ADR 10 SH B 399909100 103 15568 SH SOLE 15568
GYMBOREE CORP COM 403777105 251 6283 SH SOLE 6283
HANDLEMAN CO DEL COM 410252100 7 29176 SH SOLE 29176
HANOVER CAP MTG HLDGS INC COM 410761100 28 71190 SH SOLE 71190
HARRIS & HARRIS GROUP INC COM 413833104 73 10253 SH SOLE 10253
HARRIS INTERACTIVE INC COM 414549105 64 23433 SH SOLE 23433
HAYES LEMMERZ INTL INC COM NEW 420781304 60 21456 SH SOLE 21456
HEALTHTRONICS INC COM 42222L107 74 22747 SH SOLE 22747
HFF INC CL A 40418F108 65 12927 SH SOLE 12927
HIGH YIELD PLUS FD INC COM 429906100 38 13100 SH SOLE 13100
HOT TOPIC INC COM 441339108 54 12612 SH SOLE 12612
HUMAN GENOME SCIENCES INC COM 444903108 108 18362 SH SOLE 18362
HUMANA INC COM 444859102 357 7969 SH SOLE 7969
IDEARC INC COM 451663108 99 27248 SH SOLE 27248
IMMUNOGEN INC COM 45253H101 53 14900 SH SOLE 14900
INFOCUS CORP COM 45665B106 20 10500 SH SOLE 10500
INFOSYS TECHNOLOGIES LTD SPONSORED ADR 456788108 253 7060 SH SOLE 7060
INNODATA ISOGEN INC COM NEW 457642205 48 11200 SH SOLE 11200
INSITUFORM TECHNOLOGIES INC CL A 457667103 162 11689 SH SOLE 11689
INSPIRE PHARMACEUTICALS INC COM 457733103 118 30647 SH SOLE 30647
INTEGRITY BANCSHARES INC COM 45818G101 13 26487 SH SOLE 26487
INTEL CORP SDCV 2.950%12/1 458140AD2 1961 2000000 PRN SOLE 2000000
INTERNATIONAL BANCSHARES COR COM 459044103 211 9331 SH SOLE 9331
INTERNATIONAL BUSINESS MACHS COM 459200101 288 2500 SH CALL SOLE 2500
INTERSTATE HOTELS & RESRTS I COM 46088S106 123 25700 SH SOLE 25700
ION MEDIA NETWORKS INC NOTE 11.000% 7/3 46205AAB9 60 200859 PRN SOLE 200859
IPASS INC COM 46261V108 66 21901 SH SOLE 21901
IRWIN FINL CORP COM 464119106 66 12447 SH SOLE 12447
ISHARES INC MSCI BRAZIL 464286400 4687 60847 SH SOLE 60847
ISHARES TR MBS FIXED BDFD 464288588 1033 10000 SH SOLE 10000
ISHARES TR S^P GBL HLTHCR 464287325 2035 38749 SH SOLE 38749
ISHARES TR DJ US REAL EST 464287739 16002 245803 SH SOLE 245803
ITRON INC COM 465741106 206 2283 SH SOLE 2283
IVANHOE MINES LTD COM 46579N103 194 18776 SH SOLE 18776
JACOBS ENGR GROUP INC DEL COM 469814107 265 3601 SH SOLE 3601
JAMBA INC COM 47023A101 123 46478 SH SOLE 46478
JAPAN EQUITY FD INC COM 471057109 197 28600 SH SOLE 28600
JAZZ TECHNOLOGIES INC COM 47214E102 23 34600 SH SOLE 34600
JEFFERSON BANCSHARES INC TEN COM 472375104 216 23342 SH SOLE 23342
JENNIFER CONVS INC COM 476153101 34 14800 SH SOLE 14800
JUPITERMEDIA CORP COM 48207D101 36 17302 SH SOLE 17302
KING PHARMACEUTICALS INC COM 495582108 172 19796 SH SOLE 19796
KINTERA INC COM 49720P506 8 13007 SH SOLE 13007
KODIAK OIL & GAS CORP COM 50015Q100 28 16600 SH SOLE 16600
KULICKE & SOFFA INDS INC COM 501242101 76 15937 SH SOLE 15937
LABRANCHE & CO INC COM 505447102 110 25194 SH SOLE 25194
LATTICE SEMICONDUCTOR CORP COM 518415104 75 26548 SH SOLE 26548
LEADIS TECHNOLOGY INC COM 52171N103 45 23210 SH SOLE 23210
LEGACY BANCORP INC CL A 52463G105 193 13800 SH SOLE 13800
LEHMAN BR FIRST TR INCM OPP COM 525178109 150 13700 SH SOLE 13700
LEVEL 3 COMMUNICATIONS INC COM 52729N100 109 51517 SH SOLE 51517
LEVITT CORP CL A 52742P108 116 58661 SH SOLE 58661
LEXICON PHARMACEUTICALS INC COM 528872104 27 13133 SH SOLE 13133
LIBERTY MEDIA CORP DEB 3.500% 1/1 530715AN1 385 626000 PRN SOLE 626000
LIONBRIDGE TECHNOLOGIES INC COM 536252109 51 15153 SH SOLE 15153
LOEWS CORP CAROLNA GP STK 540424207 605 8341 SH SOLE 8341
LTX CORP COM 502392103 46 14598 SH SOLE 14598
M/I HOMES INC COM 55305B101 177 10409 SH SOLE 10409
MACK CALI RLTY CORP COM 554489104 582 16302 SH SOLE 16302
MAD CATZ INTERACTIVE INC COM 556162105 23 37000 SH SOLE 37000
MAGNA INTL INC CL A 559222401 352 4879 SH SOLE 4879
MALAYSIA FD INC COM 560905101 102 10200 SH SOLE 10200
MARKEL CORP COM 570535104 1051 2389 SH SOLE 2389
MEADE INSTRUMENTS CORP COM 583062104 107 82700 SH SOLE 82700
MEDAREX INC COM 583916101 164 18483 SH SOLE 18483
MEDIA GEN INC CL A 584404107 171 12210 SH SOLE 12210
MEDIA SCIENCES INTL INC COM 58446X107 44 12200 SH SOLE 12200
MEDIACOM COMMUNICATIONS CORP CL A 58446K105 77 17847 SH SOLE 17847
MEDTRONIC INC NOTE 1.500% 4/1 585055AL0 1053 1000000 PRN SOLE 1000000
MEREDITH CORP COM 589433101 310 8112 SH SOLE 8112
METROPCS COMMUNICATIONS INC COM 591708102 171 10088 SH SOLE 10088
METROPOLITAN HEALTH NETWORKS COM 592142103 89 39500 SH SOLE 39500
MFS SPL VALUE TR SH BEN INT 55274E102 161 22900 SH SOLE 22900
MICROS SYS INC COM 594901100 207 6151 SH SOLE 6151
MIDCAP SPDR TR UNIT SER 1 595635103 1275 9000 SH SOLE 9000
MILLENNIUM INDIA ACQS COM IN COM 60039Q101 61 11000 SH SOLE 11000
MIZUHO FINL GROUP INC SPONSORED ADR 60687Y109 99 13522 SH SOLE 13522
MODTECH HLDGS INC COM 60783C100 3 10100 SH SOLE 10100
MOLSON COORS BREWING CO NOTE 2.500% 7/3 60871RAA8 2478 2000000 PRN SOLE 2000000
MONEYGRAM INTL INC COM 60935Y109 181 97573 SH SOLE 97573
MORGAN STANLEY EMER MKTS DEB COM 61744H105 102 10600 SH SOLE 10600
MORGAN STANLEY INDIA INVS FD COM 61745C105 258 6800 SH SOLE 6800
MORTONS RESTAURANT GRP INC N COM 619430101 84 10615 SH SOLE 10615
NABI BIOPHARMACEUTICALS COM 629519109 62 15477 SH SOLE 15477
NABORS INDS INC NOTE 0.940% 5/1 629568AP1 1020 1000000 PRN SOLE 1000000
NARA BANCORP INC COM 63080P105 192 14803 SH SOLE 14803
NATIONAL BANKSHARES INC VA COM 634865109 190 10538 SH SOLE 10538
NATIONAL CINEMEDIA INC COM 635309107 224 9978 SH SOLE 9978
NATIONAL GRID PLC SPON ADR NEW 636274300 238 3405 SH SOLE 3405
NEKTAR THERAPEUTICS NOTE 3.250% 9/2 640268AH1 386 500000 PRN SOLE 500000
NEOSE TECHNOLOGIES INC COM 640522108 8 30200 SH SOLE 30200
NETSOL TECHNOLOGIES INC COM NEW 64115A204 25 12439 SH SOLE 12439
NEVADA GOLD & CASINOS INC COM NEW 64126Q206 31 24400 SH SOLE 24400
NEVSUN RES LTD COM 64156L101 39 22800 SH SOLE 22800
NEW AMER HIGH INCOME FD INC COM 641876107 77 48500 SH SOLE 48500
NEWSTAR FINANCIAL INC COM 65251F105 102 19615 SH SOLE 19615
NEXMED INC COM 652903105 15 11140 SH SOLE 11140
NITROMED INC COM 654798503 11 10263 SH SOLE 10263
NOBLE INTL LTD COM 655053106 63 10025 SH SOLE 10025
NOMURA HLDGS INC SPONSORED ADR 65535H208 167 11134 SH SOLE 11134
NORTEL NETWORKS CORP NEW COM NEW 656568508 157 23521 SH SOLE 23521
NORTH AMERN PALLADIUM LTD COM 656912102 107 19619 SH SOLE 19619
NORTHERN STS FINL CORP COM 665751103 323 16233 SH SOLE 16233
NORTHSTAR NEUROSCIENCE INC COM 66704V101 102 64479 SH SOLE 64479
NORTHWEST AIRLS CORP COM 667280408 150 16691 SH SOLE 16691
NORTHWESTERN CORP COM NEW 668074305 200 8219 SH SOLE 8219
NU SKIN ENTERPRISES INC CL A 67018T105 184 10218 SH SOLE 10218
NUVEEN EQUITY PREM & GROWTH COM 6706EW100 200 12500 SH SOLE 12500
NUVEEN MULTI STRAT INC & GR COM 67073B106 147 14500 SH SOLE 14500
NUVEEN PREM INCOME MUN FD 4 COM 6706K4105 113 10000 SH SOLE 10000
OMNOVA SOLUTIONS INC COM 682129101 47 11722 SH SOLE 11722
ON ASSIGNMENT INC COM 682159108 71 11146 SH SOLE 11146
ON SEMICONDUCTOR CORP COM 682189105 75 13137 SH SOLE 13137
ON TRACK INNOVATION LTD SHS M8791A109 52 17500 SH SOLE 17500
OPTIMAL GROUP INC CL A NEW 68388R208 74 23041 SH SOLE 23041
OSCIENT PHARMACEUTICALS CORP COM NEW 68812R303 20 11780 SH SOLE 11780
OWENS ILL INC COM NEW 690768403 374 6624 SH SOLE 6624
PAINCARE HLDGS INC COM 69562E104 3 57100 SH SOLE 57100
PANTRY INC COM 698657103 209 9918 SH SOLE 9918
PEABODY ENERGY CORP COM 704549104 307 6012 SH SOLE 6012
PEABODY ENERGY CORP SDCV 4.750%12/1 704549AG9 1133 1000000 PRN SOLE 1000000
PENNANTPARK INVT CORP COM 708062104 90 10546 SH SOLE 10546
PENWEST PHARMACEUTICALS CO COM 709754105 45 17122 SH SOLE 17122
PEP BOYS MANNY MOE & JACK COM 713278109 121 12179 SH SOLE 12179
PERFICIENT INC COM 71375U101 114 14309 SH SOLE 14309
PFF BANCORP INC COM 69331W104 83 10011 SH SOLE 10011
PHOTOMEDEX INC COM 719358103 24 26000 SH SOLE 26000
PINNACLE AIRL CORP COM 723443107 93 10668 SH SOLE 10668
PLACER DOME INC DBCV 2.750%10/1 725906AK7 911 500000 PRN SOLE 500000
PLAINS EXPL& PRODTN CO COM 726505100 323 6085 SH SOLE 6085
PLATINUM UNDERWRITER HLDGS L COM G7127P100 238 7320 SH SOLE 7320
PMC-SIERRA INC COM 69344F106 153 26804 SH SOLE 26804
PREMIER EXIBITIONS INC COM 74051E102 76 12626 SH SOLE 12626
PRG-SCHULTZ INTERNATIONAL IN COM NEW 69357C503 105 12022 SH SOLE 12022
PRICELINE COM INC COM NEW 741503403 671 5550 SH SOLE 5550
PROLIANCE INTL INC COM 74340R104 53 28900 SH SOLE 28900
PUBLIC STORAGE COM 74460D109 591 6666 SH SOLE 6666
PUTNAM MANAGED MUN INCOM TR COM 746823103 100 14308 SH SOLE 14308
PUTNAM PREMIER INCOME TR SH BEN INT 746853100 67 11100 SH SOLE 11100
QUADRAMED CORP COM 74730W101 25 13100 SH SOLE 13100
QUANTUM CORP COM DSSG 747906204 101 47016 SH SOLE 47016
QUANTUM CORP NOTE 4.375% 8/0 747906AE5 433 500000 PRN SOLE 500000
QUANTUM FUEL SYS TECH WORLDW COM 74765E109 22 22657 SH SOLE 22657
QUEST SOFTWARE INC COM 74834T103 167 12777 SH SOLE 12777
R H DONNELLEY CORP COM NEW 74955W307 187 37022 SH SOLE 37022
RAINMAKER SYSTEMS COM NEW 750875304 38 11700 SH SOLE 11700
RAND LOGISTICS INC COM 752182105 67 12400 SH SOLE 12400
RCN CORP COM NEW 749361200 163 14576 SH SOLE 14576
REDENVELOPE INC COM 75733R601 7 12200 SH SOLE 12200
RELM WIRELESS CORP COM 759525108 41 25000 SH SOLE 25000
RENTECH INC COM 760112102 11 11900 SH SOLE 11900
REPROS THERAPEUTICS INC COM 76028H100 111 11400 SH SOLE 11400
RETAIL VENTURES INC COM 76128Y102 138 28454 SH SOLE 28454
RF MICRODEVICES INC COM 749941100 195 73481 SH SOLE 73481
RLI CORP COM 749607107 254 5132 SH SOLE 5132
ROCKFORD CORP COM 77316P101 33 20500 SH SOLE 20500
ROCKWELL AUTOMATION INC COM 773903109 493 8585 SH SOLE 8585
ROGERS CORP COM 775133101 279 8360 SH SOLE 8360
RTI INTL METALS INC COM 74973W107 365 8076 SH SOLE 8076
S1 CORPORATION COM 78463B101 75 10556 SH SOLE 10556
SAIFUN SEMICONDUCTORS LTD ORD SHS M8233P102 6532 811599 SH SOLE 811599
SALLY BEAUTY HLDGS INC COM 79546E104 146 21137 SH SOLE 21137
SANDISK CORP NOTE 1.000% 5/1 80004CAC5 366 500000 PRN SOLE 500000
SAPPI LTD SPON ADR NEW 803069202 163 14180 SH SOLE 14180
SASOL LTD SPONSORED ADR 803866300 384 7938 SH SOLE 7938
SEALY CORP COM 812139301 154 20220 SH SOLE 20220
SECURITY NATL FINL CORP CL A NEW 814785309 45 11655 SH SOLE 11655
SELECT SECTOR SPDR TR SBI INT-ENERGY 81369Y506 3934 53347 SH SOLE 53347
SELECTICA INC COM 816288104 35 26100 SH SOLE 26100
SEMICONDUCTOR MFG INTL CORP SPONSORED ADR 81663N206 39 11251 SH SOLE 11251
SEVERN BANCORP ANNAPOLIS MD COM 81811M100 113 12804 SH SOLE 12804
SIRIUS SATELLITE RADIO INC NOTE 2.500% 2/1 82966UAC7 518 519000 PRN SOLE 519000
SKYWORKS SOLUTIONS INC COM 83088M102 121 16559 SH SOLE 16559
SM^A COM 78465D105 50 11600 SH SOLE 11600
SMURFIT-STONE CONTAINER CORP COM 832727101 92 11944 SH SOLE 11944
SONUS NETWORKS INC COM 835916107 179 51954 SH SOLE 51954
SONY CORP ADR NEW 835699307 221 5517 SH SOLE 5517
SPANISH BROADCASTING SYS INC CL A 846425882 51 28649 SH SOLE 28649
SPARK NETWORKS INC COM 84651P100 50 11800 SH SOLE 11800
SPECTRUM PHARMACEUTICALS INC COM 84763A108 26 10299 SH SOLE 10299
SPHERION CORP COM 848420105 160 26198 SH SOLE 26198
SPRINT NEXTEL CORP COM SER 1 852061100 529 79048 SH SOLE 79048
STANDARD MTR PRODS INC COM 853666105 63 10229 SH SOLE 10229
STEELCASE INC CL A 858155203 115 10412 SH SOLE 10412
STELLARONE CORP COM 85856G100 304 18006 SH SOLE 18006
STREETTRACKS GOLD TR GOLD SHS 863307104 38781 429085 SH SOLE 429085
SUN-TIMES MEDIA GROUP INC COM 86688Q100 21 28797 SH SOLE 28797
SUNPOWER CORP DBCV 1.250% 2/1 867652AA7 113 77000 PRN SOLE 77000
SUNTECH PWR HLDGS CO LTD ADR 86800C104 458 11300 SH SOLE 11300
SWIFT ENERGY CO COM 870738101 411 9126 SH SOLE 9126
SYNERON MEDICAL LTD ORD SHS M87245102 187 12862 SH SOLE 12862
SYNTROLEUM CORP COM 871630109 9 14170 SH SOLE 14170
TARGETED GENETICS CORP COM NEW 87612M306 12 11700 SH SOLE 11700
TCW STRATEGIC INCOME FUND IN COM 872340104 45 12387 SH SOLE 12387
TEAMSTAFF INC COM NEW 87815U204 26 38600 SH SOLE 38600
TELIK INC COM 87959M109 42 17297 SH SOLE 17297
TEMPUR PEDIC INTL INC COM 88023U101 166 15130 SH SOLE 15130
TETON ENERGY CORP COM 881628101 50 10600 SH SOLE 10600
TETRA TECHNOLOGIES INC DEL COM 88162F105 198 12475 SH SOLE 12475
TEVA PHARMACEUTICAL FIN LLC DBCV 0.250% 2/0 88163VAE9 313 300000 PRN SOLE 300000
TEXAS INDS INC COM 882491103 250 4166 SH SOLE 4166
TEXAS ROADHOUSE INC CL A 882681109 138 14041 SH SOLE 14041
THAI FD INC COM 882904105 186 15500 SH SOLE 15500
THOMSON SPONSORED ADR 885118109 174 24957 SH SOLE 24957
THOMSON CORP COM 884903105 210 6251 SH SOLE 6251
THORNBURG MTG INC COM 885218107 29 23587 SH SOLE 23587
TIM HORTONS INC COM 88706M103 318 9342 SH SOLE 9342
TOWN SPORTS INTL HLDGS INC COM 89214A102 73 11427 SH SOLE 11427
TRANSACT TECHNOLOGIES INC COM 892918103 50 10100 SH SOLE 10100
TRANSATLANTIC HLDGS INC COM 893521104 427 6438 SH SOLE 6438
TRANSCANADA CORP COM 89353D107 241 6245 SH SOLE 6245
TRANSOCEAN SEDCO FOREX INC NOTE 1.500%12/1 893830AV1 1093 1000000 PRN SOLE 1000000
TRIARC COS INC CL A 895927101 67 10588 SH SOLE 10588
TRIDENT MICROSYSTEMS INC COM 895919108 65 12564 SH SOLE 12564
TRIPLE CROWN MEDIA INC COM 89675K102 53 18900 SH SOLE 18900
TRONOX INC COM CL B 897051207 81 20793 SH SOLE 20793
TS^W CLAYMORE TAX ADVNTG BL COM 87280R108 137 11800 SH SOLE 11800
TSR INC COM 872885108 50 11900 SH SOLE 11900
TWEEN BRANDS INC COM 901166108 234 9460 SH SOLE 9460
UNIFI INC COM 904677101 47 16200 SH SOLE 16200
UNITED ONLINE INC COM 911268100 111 10525 SH SOLE 10525
UNITED STATIONERS INC COM 913004107 231 4844 SH SOLE 4844
UNIVERSAL AMERICAN CORP COM 913377107 110 10342 SH SOLE 10342
UNIVERSAL POWER GROUP INC COM 913788105 32 10000 SH SOLE 10000
UNIVERSAL TECHNICAL INST INC COM 913915104 145 12354 SH SOLE 12354
USEC INC COM 90333E108 163 44129 SH SOLE 44129
VALASSIS COMMUNICATIONS INC COM 918866104 155 14290 SH SOLE 14290
VANDA PHARMACEUTICALS INC COM 921659108 124 32054 SH SOLE 32054
VARSITY GROUP INC COM 922281100 4 21200 SH SOLE 21200
VEOLIA ENVIRONNEMENT SPONSORED ADR 92334N103 521 7447 SH SOLE 7447
VERICHIP CORP COM 92342V105 38 15700 SH SOLE 15700
VINEYARD NATL BANCORP COM 927426106 88 10849 SH SOLE 10849
VIRGIN MEDIA INC COM 92769L101 219 15591 SH SOLE 15591
VMWARE INC CL A COM 928563402 305 7121 SH SOLE 7121
VODAFONE GROUP PLC NEW SPONS ADR NEW 92857W209 250 8486 SH SOLE 8486
W HLDG CO INC COM 929251106 38 32010 SH SOLE 32010
WALTER INDS INC COM 93317Q105 408 6511 SH SOLE 6511
WARNER MUSIC GROUP CORP COM 934550104 122 24592 SH SOLE 24592
WASHINGTON POST CO CL B 939640108 1713 2590 SH SOLE 2590
WASTE SERVICES INC DEL COM NEW 941075202 145 17805 SH SOLE 17805
WAUWATOSA HLDGS INC COM 94348P108 137 11509 SH SOLE 11509
WEINGARTEN RLTY INVS NOTE 3.950% 8/0 948741AF0 949 1000000 PRN SOLE 1000000
WESTAFF INC COM 957070105 35 16300 SH SOLE 16300
WESTERN ASSET CLYM INFL OPP COM 95766R104 181 15100 SH SOLE 15100
WESTWOOD ONE INC COM 961815107 57 26905 SH SOLE 26905
WILEY JOHN & SONS INC CL A 968223206 372 9368 SH SOLE 9368
WILSHIRE ENTERPRISES INC COM 971889100 38 12700 SH SOLE 12700
WILSONS THE LEATHER EXPERTS COM 972463103 2 10858 SH SOLE 10858
WINTHROP RLTY TR SH BEN INT 976391102 114 27776 SH SOLE 27776
WINTRUST FINANCIAL CORP COM 97650W108 398 11391 SH SOLE 11391
WORKSTREAM INC COM 981402100 23 32700 SH SOLE 32700
WYNN RESORTS LTD COM 983134107 494 4907 SH SOLE 4907
YOUNG BROADCASTING INC CL A 987434107 29 38400 SH SOLE 38400
YRC WORLDWIDE INC COM 984249102 149 11340 SH SOLE 11340
ZOLL MED CORP COM 989922109 216 8134 SH SOLE 8134
ZVUE CORP COM 988801106 14 15306 SH SOLE 15306