Stevens Capital Management

Stevens Capital Management as of March 31, 2009

Portfolio Holdings for Stevens Capital Management

Stevens Capital Management holds 0 positions in its portfolio as reported in the March 2009 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    65      21031      SH             SOLE             21031
A D C TELECOMMUNICATIONS            COM NEW            000886309   221      50401      SH             SOLE             50401
A POWER ENERGY GENERAT SYS L        COM                G04136100    46      10437      SH             SOLE             10437
ABERCROMBIE & FITCH CO              CL A               002896207   366      15393      SH             SOLE             15393
ABERDEEN AUSTRALIA EQTY FD I        COM                003011103   121      17700      SH             SOLE             17700
ABIOMED INC                         COM                003654100   107      21932      SH             SOLE             21932
ACCENTURE LTD BERMUDA               CL A               G1150G111   253      9196       SH             SOLE              9196
ACTEL CORP                          COM                004934105   153      15161      SH             SOLE             15161
ACTUANT CORP                        CL A NEW           00508X203   133      12832      SH             SOLE             12832
ACTUATE CORP                        COM                00508B102    45      14651      SH             SOLE             14651
ACUITY BRANDS INC                   COM                00508Y102   552      24484      SH             SOLE             24484
ADAPTEC INC                         COM                00651F108   179      74586      SH             SOLE             74586
ADVANCE AUTO PARTS INC              COM                00751Y106   707      17208      SH             SOLE             17208
ADVANCED ENERGY INDS                COM                007973100    77      10200      SH             SOLE             10200
AFC ENTERPRISES INC                 COM                00104Q107   174      38531      SH             SOLE             38531
AIRTRAN HLDGS INC                   COM                00949P108   428      94010      SH             SOLE             94010
ALCATEL-LUCENT                      SPONSORED ADR      013904305    29      15333      SH             SOLE             15333
ALCON INC                           COM SHS            H01301102   293      3222       SH             SOLE              3222
ALCON INC                           COM SHS            H01301102   455      5000       SH     PUT     SOLE              5000
ALEXANDRIA REAL ESTATE EQ IN        COM                015271109   308      8467       SH             SOLE              8467
ALLIANCE DATA SYSTEMS CORP          COM                018581108   236      6386       SH             SOLE              6386
ALLIANZ SE                          SP ADR 1/10 SH     018805101    89      10605      SH             SOLE             10605
ALLIED HEALTHCARE INTL INC          COM                01923A109    13      10500      SH             SOLE             10500
ALPINE GLOBAL PREMIER PPTYS         COM SBI            02083A103   101      34200      SH             SOLE             34200
ALUMINUM CORP CHINA LTD             SPON ADR H SHS     022276109   213      5800       SH     PUT     SOLE              5800
ALUMINUM CORP CHINA LTD             SPON ADR H SHS     022276109   393      10700      SH     CALL    SOLE             10700
AMBAC FINL GROUP INC                COM                023139108    15      19094      SH             SOLE             19094
AMERICAN CAMPUS CMNTYS INC          COM                024835100   316      18205      SH             SOLE             18205
AMERICAN CAP LTD                    COM                02503Y103    44      23737      SH             SOLE             23737
AMERICAN COMMERCIAL LINES           COM NEW            025195207    50      15662      SH             SOLE             15662
AMERICAN GREETINGS CORP             CL A               026375105   128      25248      SH             SOLE             25248
AMERICAN ORIENTAL BIOENGR IN        COM                028731107   121      31456      SH             SOLE             31456
AMERICAN REPROGRAPHICS CO           COM                029263100    45      12694      SH             SOLE             12694
AMERICAN SCIENCE & ENGR INC         COM                029429107   324      5809       SH             SOLE              5809
AMERICAN TOWER CORP                 CL A               029912201   242      7956       SH             SOLE              7956
AMERIGON INC                        COM                03070L300    39      10624      SH             SOLE             10624
AMERIGROUP CORP                     COM                03073T102   325      11806      SH             SOLE             11806
AMGEN INC                           COM                031162100   385      7767       SH             SOLE              7767
AMN HEALTHCARE SERVICES INC         COM                001744101   143      28120      SH             SOLE             28120
AMR CORP                            COM                001765106    59      18378      SH             SOLE             18378
AMSURG CORP                         COM                03232P405   165      10439      SH             SOLE             10439
ANNALY CAP MGMT INC                 COM                035710409   368      26553      SH             SOLE             26553
ANNTAYLOR STORES CORP               COM                036115103   170      32675      SH             SOLE             32675
AON CORP                            COM                037389103   891      21818      SH             SOLE             21818
APOLLO GROUP INC                    CL A               037604105   3177     40562      SH             SOLE             40562
APOLLO INVT CORP                    COM                03761U106    36      10205      SH             SOLE             10205
APPLIED MATLS INC                   COM                038222105   553      51428      SH             SOLE             51428
ARACRUZ CELULOSE S A                SPON ADR PFD B     038496204    73      11003      SH             SOLE             11003
ARCELORMITTAL SA LUXEMBOURG         NY REGISTRY SH     03938L104   561      27986      SH             SOLE             27986
ARM HLDGS PLC                       SPONSORED ADR      042068106    46      10306      SH             SOLE             10306
ARMSTRONG WORLD INDS INC NEW        COM                04247X102   173      15721      SH             SOLE             15721
ARRAY BIOPHARMA INC                 COM                04269X105   117      44473      SH             SOLE             44473
ARRIS GROUP INC                     COM                04269Q100   311      42219      SH             SOLE             42219
ART TECHNOLOGY GROUP INC            COM                04289L107    32      12395      SH             SOLE             12395
ASHLAND INC NEW                     COM                044209104   132      12735      SH             SOLE             12735
ASM INTL N V                        COM                N07045102    83      10130      SH             SOLE             10130
ASTORIA FINL CORP                   COM                046265104   115      12561      SH             SOLE             12561
ASTRAZENECA PLC                     SPONSORED ADR      046353108   210      5936       SH             SOLE              5936
AT^T INC                            COM                00206R102   325      12905      SH             SOLE             12905
ATC TECHNOLOGY CORP                 COM                00211W104   170      15183      SH             SOLE             15183
ATLAS AMER INC                      COM                049167109    92      10512      SH             SOLE             10512
ATMEL CORP                          COM                049513104    50      13873      SH             SOLE             13873
AU OPTRONICS CORP                   SPONSORED ADR      002255107   170      20216      SH             SOLE             20216
AUTOZONE INC                        COM                053332102   1875     11532      SH             SOLE             11532
AVID TECHNOLOGY INC                 COM                05367P100   183      20059      SH             SOLE             20059
AVIGEN INC                          COM                053690103    78      64000      SH             SOLE             64000
AXSYS TECHNOLOGIES INC              COM                054615109   396      9411       SH             SOLE              9411
BAIDU INC                           SPON ADR REP A     056752108   1607     9100       SH     CALL    SOLE              9100
BALCHEM CORP                        COM                057665200   219      8700       SH             SOLE              8700
BALL CORP                           COM                058498106   1804     41557      SH             SOLE             41557
BALLY TECHNOLOGIES INC              COM                05874B107   198      10725      SH             SOLE             10725
BANCO SANTANDER SA                  ADR                05964H105   128      18504      SH             SOLE             18504
BANK MUTUAL CORP NEW                COM                063750103   270      29793      SH             SOLE             29793
BANK OF NEW YORK MELLON CORP        COM                064058100   230      8134       SH             SOLE              8134
BARD C R INC                        COM                067383109   223      2800       SH             SOLE              2800
BARE ESCENTUALS INC                 COM                067511105    49      11996      SH             SOLE             11996
BARNES GROUP INC                    COM                067806109   247      1400       SH     CALL    SOLE              1400
BARNES GROUP INC                    COM                067806109   2631     14900      SH     PUT     SOLE             14900
BARRETT BILL CORP                   COM                06846N104   204      9165       SH             SOLE              9165
BE AEROSPACE INC                    COM                073302101   242      27967      SH             SOLE             27967
BEBE STORES INC                     COM                075571109   203      30500      SH             SOLE             30500
BELO CORP                           COM SER A          080555105    9       14520      SH             SOLE             14520
BIGBAND NETWORKS INC                COM                089750509   106      16125      SH             SOLE             16125
BIOGEN IDEC INC                     COM                09062X103   1310     24999      SH             SOLE             24999
BLOCKBUSTER INC                     CL B               093679207    15      33930      SH             SOLE             33930
BLOUNT INTL INC NEW                 COM                095180105    47      10243      SH             SOLE             10243
BLUE CHIP VALUE FD INC              COM                095333100    83      37400      SH             SOLE             37400
BLUE COAT SYSTEMS INC               COM NEW            09534T508   155      12904      SH             SOLE             12904
BMC SOFTWARE INC                    COM                055921100   894      27097      SH             SOLE             27097
BORGWARNER INC                      COM                099724106   1000     49251      SH             SOLE             49251
BOYD GAMING CORP                    COM                103304101    54      14570      SH             SOLE             14570
BRASKEM S A                         SP ADR PFD A       105532105   110      26730      SH             SOLE             26730
BRINKER INTL INC                    COM                109641100   162      10758      SH             SOLE             10758
BROADCOM CORP                       CL A               111320107   445      22296      SH             SOLE             22296
BROADRIDGE FINL SOLUTIONS IN        COM                11133T103   190      10186      SH             SOLE             10186
BROOKFIELD ASSET MGMT INC           CL A LTD VT SH     112585104   295      21379      SH             SOLE             21379
BROOKS AUTOMATION INC               COM                114340102    65      14200      SH             SOLE             14200
BROWN SHOE INC NEW                  COM                115736100   137      36443      SH             SOLE             36443
BURGER KING HLDGS INC               COM                121208201   242      10566      SH             SOLE             10566
C H ROBINSON WORLDWIDE INC          COM NEW            12541W209   248      5431       SH             SOLE              5431
CA INC                              COM                12673P105   416      23657      SH             SOLE             23657
CABOT MICROELECTRONICS CORP         COM                12709P103   270      11223      SH             SOLE             11223
CABOT OIL & GAS CORP                COM                127097103   1150     48786      SH             SOLE             48786
CADENCE PHARMACEUTICALS INC         COM                12738T100   104      11126      SH             SOLE             11126
CALIFORNIA PIZZA KITCHEN INC        COM                13054D109   256      19537      SH             SOLE             19537
CALPINE CORP                        COM NEW            131347304   182      26731      SH             SOLE             26731
CANADIAN NAT RES LTD                COM                136385101   265      13800      SH     PUT     SOLE             13800
CANADIAN PAC RY LTD                 COM                13645T100   421      14218      SH             SOLE             14218
CAPELLA EDUCATION COMPANY           COM                139594105   216      4078       SH             SOLE              4078
CAPSTONE TURBINE CORP               COM                14067D102    10      14466      SH             SOLE             14466
CARDIOME PHARMA CORP                COM NEW            14159U202    84      28742      SH             SOLE             28742
CAREER EDUCATION CORP               COM                141665109   708      29475      SH             SOLE             29475
CHARLOTTE RUSSE HLDG INC            COM                161048103   110      13481      SH             SOLE             13481
CHEMTURA CORP                       COM                163893100    1       13423      SH             SOLE             13423
CHICAGO BRIDGE & IRON CO N V        N Y REGISTRY SH    167250109   129      20510      SH             SOLE             20510
CHILDRENS PL RETAIL STORES I        COM                168905107   231      10551      SH             SOLE             10551
CHIPOTLE MEXICAN GRILL INC          CL B               169656204   841      14676      SH             SOLE             14676
CHOICE HOTELS INTL INC              COM                169905106   289      11200      SH             SOLE             11200
CIBER INC                           COM                17163B102    52      19058      SH             SOLE             19058
CINCINNATI BELL INC NEW             COM                171871106    52      22444      SH             SOLE             22444
CITADEL BROADCASTING CORP           COM                17285T106    1       10534      SH             SOLE             10534
CITIGROUP INC                       COM                172967101    54      21459      SH             SOLE             21459
CLEAR CHANNEL OUTDOOR HLDGS         CL A               18451C109    44      11878      SH             SOLE             11878
CLECO CORP NEW                      COM                12561W105   272      12546      SH             SOLE             12546
CME GROUP INC                       COM                12572Q105   4016     16300      SH     CALL    SOLE             16300
CME GROUP INC                       COM                12572Q105   5076     20600      SH     PUT     SOLE             20600
CNOOC LTD                           SPONSORED ADR      126132109   251      2500       SH     PUT     SOLE              2500
CNOOC LTD                           SPONSORED ADR      126132109   561      5577       SH             SOLE              5577
COCA COLA CO                        COM                191216100   1005     22857      SH             SOLE             22857
COEUR D ALENE MINES CORP IDA        COM                192108108    10      10191      SH             SOLE             10191
COGENT COMM GROUP INC               COM NEW            19239V302    77      10660      SH             SOLE             10660
COHEN & STEERS GLOBAL INC BL        COM                19248M103   188      30600      SH             SOLE             30600
COHEN & STEERS PREM INC RLTY        COM                19247V104    34      18300      SH             SOLE             18300
COHEN & STEERS QUALITY RLTY         COM                19247L106    27      13400      SH             SOLE             13400
COHEN & STEERS REIT & UTIL I        COM                19247Y108   167      38800      SH             SOLE             38800
COHEN & STEERS WRLDWD RLT IN        COM                19248J100    84      39000      SH             SOLE             39000
COMMVAULT SYSTEMS INC               COM                204166102   121      11000      SH             SOLE             11000
COMPANHIA VALE DO RIO DOCE          SPON ADR PFD       204412100   184      16314      SH             SOLE             16314
COMPLETE PRODUCTION SERVICES        COM                20453E109    40      12837      SH             SOLE             12837
COMPUTER SCIENCES CORP              COM                205363104   287      7780       SH             SOLE              7780
CON-WAY INC                         COM                205944101   323      18030      SH             SOLE             18030
CONSTELLATION BRANDS INC            CL A               21036P108   475      39911      SH             SOLE             39911
CORINTHIAN COLLEGES INC             COM                218868107   339      17419      SH             SOLE             17419
CORNING INC                         COM                219350105   413      31145      SH             SOLE             31145
COSAN LTD                           SHS A              G25343107    25      10257      SH             SOLE             10257
COUSINS PPTYS INC                   COM                222795106   130      20257      SH             SOLE             20257
COVANTA HLDG CORP                   COM                22282E102   178      13599      SH             SOLE             13599
COVENTRY HEALTH CARE INC            COM                222862104   136      10500      SH             SOLE             10500
COVIDIEN LTD                        COM                G2552X108   319      9600       SH             SOLE              9600
CREE INC                            COM                225447101   316      13450      SH             SOLE             13450
CROCS INC                           COM                227046109    18      14719      SH             SOLE             14719
CROSS CTRY HEALTHCARE INC           COM                227483104    66      10120      SH             SOLE             10120
CROWN CASTLE INTL CORP              COM                228227104   568      27851      SH             SOLE             27851
CSG SYS INTL INC                    COM                126349109   330      23116      SH             SOLE             23116
CTC MEDIA INC                       COM                12642X106    58      12687      SH             SOLE             12687
CVB FINL CORP                       COM                126600105   205      30882      SH             SOLE             30882
CVS CAREMARK CORPORATION            COM                126650100   470      17115      SH             SOLE             17115
CYPRESS SEMICONDUCTOR CORP          COM                232806109   187      27600      SH             SOLE             27600
CYTORI THERAPEUTICS INC             COM                23283K105    33      19444      SH             SOLE             19444
DAKTRONICS INC                      COM                234264109   140      21428      SH             SOLE             21428
DARLING INTL INC                    COM                237266101    60      16290      SH             SOLE             16290
DECKERS OUTDOOR CORP                COM                243537107   212      4000       SH             SOLE              4000
DEL MONTE FOODS CO                  COM                24522P103   190      26109      SH             SOLE             26109
DELTA PETE CORP                     COM NEW            247907207    18      14794      SH             SOLE             14794
DENDREON CORP                       COM                24823Q107    79      18898      SH             SOLE             18898
DEUTSCHE TELEKOM AG                 SPONSORED ADR      251566105   140      11296      SH             SOLE             11296
DEVRY INC DEL                       COM                251893103   202      4200       SH     CALL    SOLE              4200
DEVRY INC DEL                       COM                251893103   1539     31951      SH             SOLE             31951
DIAMONDROCK HOSPITALITY CO          COM                252784301   248      61911      SH             SOLE             61911
DIAMONDS TR                         UNIT SER 1         252787106   311      4100       SH             SOLE              4100
DIANA SHIPPING INC                  COM                Y2066G104   162      13767      SH             SOLE             13767
DICE HLDGS INC                      COM                253017107    33      11713      SH             SOLE             11713
DINEEQUITY INC                      COM                254423106   156      13194      SH             SOLE             13194
DIREXION SHS ETF TR                 LARGE CAP BEAR     25459W854   493      7800       SH     CALL    SOLE              7800
DIREXION SHS ETF TR                 LARGE CAP BEAR     25459W854   588      9300       SH     PUT     SOLE              9300
DIREXION SHS ETF TR                 SM CAP BEAR 3X     25459W839   561      10900      SH             SOLE             10900
DIREXION SHS ETF TR                 SM CAP BEAR 3X     25459W839   900      17500      SH     PUT     SOLE             17500
DIREXION SHS ETF TR                 LARGE CAP BULL     25459W862   925      40900      SH     CALL    SOLE             40900
DIREXION SHS ETF TR                 SM CAP BULL 3X     25459W847   766      44100      SH     PUT     SOLE             44100
DIREXION SHS ETF TR                 SM CAP BULL 3X     25459W847   795      45800      SH     CALL    SOLE             45800
DIREXION SHS ETF TR                 FINL BEAR 3X       25459W607   1279     61500      SH     CALL    SOLE             61500
DIREXION SHS ETF TR                 LARGE CAP BULL     25459W862   1506     66600      SH     PUT     SOLE             66600
DIREXION SHS ETF TR                 FINL BEAR 3X       25459W607   2083    100200      SH     PUT     SOLE            100200
DIREXION SHS ETF TR                 FINL BULL 3X       25459W508   3024    546800      SH     CALL    SOLE            546800
DIREXION SHS ETF TR                 FINL BULL 3X       25459W508   4020    727000      SH     PUT     SOLE            727000
DISH NETWORK CORP                   CL A               25470M109   267      23999      SH             SOLE             23999
DISTRIBUCION Y SERVICIO D^S         SPONSORED ADR      254753106   476      21353      SH             SOLE             21353
DIVIDEND CAP RLTY INCM ALLC         COM                25537T105    24      19800      SH             SOLE             19800
DIVX INC                            COM                255413106    58      11497      SH             SOLE             11497
DOLLAR TREE INC                     COM                256746108   253      5676       SH             SOLE              5676
DOMTAR CORP                         COM                257559104    65      68323      SH             SOLE             68323
DOUGLAS EMMETT INC                  COM                25960P109   128      17264      SH             SOLE             17264
DOW CHEM CO                         COM                260543103   213      25243      SH             SOLE             25243
DREMAN/CLAYMORE DIVID & INC         COM                26153R100    27      18400      SH             SOLE             18400
DST SYS INC DEL                     COM                233326107   447      12926      SH             SOLE             12926
DWS RREEF REAL ESTATE FD INC        COM                233384106    19      12200      SH             SOLE             12200
DYAX CORP                           COM                26746E103    28      11118      SH             SOLE             11118
E TRADE FINANCIAL CORP              COM                269246104    46      37404      SH             SOLE             37404
EAGLE BULK SHIPPING INC             COM                Y2187A101    58      13736      SH             SOLE             13736
EAST WEST BANCORP INC               COM                27579R104   182      39885      SH             SOLE             39885
EASTMAN CHEM CO                     COM                277432100   239      8900       SH             SOLE              8900
EATON VANCE TAX ADVT DIV INC        COM                27828G107   107      12000      SH             SOLE             12000
ECOLAB INC                          COM                278865100   390      11235      SH             SOLE             11235
ECTEL LTD                           ORD                M29925100    6       17700      SH             SOLE             17700
ELIZABETH ARDEN INC                 COM                28660G106    96      16505      SH             SOLE             16505
EMCORE CORP                         COM                290846104    9       11671      SH             SOLE             11671
ENERGY CONVERSION DEVICES IN        COM                292659109   202      3600       SH     CALL    SOLE              3600
ENERGY CONVERSION DEVICES IN        COM                292659109    97      7300       SH     CALL    SOLE              7300
ENERGY XXI (BERMUDA) LTD            COM SHS            G10082108    6       15255      SH             SOLE             15255
ENSCO INTL INC                      COM                26874Q100   2816    106649      SH             SOLE            106649
ENTERGY CORP NEW                    COM                29364G103   317      4649       SH             SOLE              4649
ENZON PHARMACEUTICALS INC           COM                293904108    86      14086      SH             SOLE             14086
EQUIFAX INC                         COM                294429105   986      40318      SH             SOLE             40318
ERESEARCHTECHNOLOGY INC             COM                29481V108    63      12038      SH             SOLE             12038
ESSEX PPTY TR INC                   COM                297178105   455      7936       SH             SOLE              7936
EUROPEAN EQUITY FUND                COM                298768102    78      17600      SH             SOLE             17600
EVERGREEN SOLAR INC                 COM                30033R108    65      30296      SH             SOLE             30296
EXAR CORP                           COM                300645108   165      26494      SH             SOLE             26494
EXCEL MARITIME CARRIERS LTD         COM                V3267N107    54      11954      SH             SOLE             11954
EXCO RESOURCES INC                  COM                269279402   176      17570      SH             SOLE             17570
EXELIXIS INC                        COM                30161Q104   139      30285      SH             SOLE             30285
EXPEDIA INC DEL                     COM                30212P105   620      68319      SH             SOLE             68319
EZCHIP SEMICONDUCTOR LIMITED        ORD                M4146Y108   131      10571      SH             SOLE             10571
F5 NETWORKS INC                     COM                315616102   762      36387      SH             SOLE             36387
FALCONSTOR SOFTWARE INC             COM                306137100    25      10525      SH             SOLE             10525
FEDFIRST FINL CORP                  COM                31429X105    37      10600      SH             SOLE             10600
FERRO CORP                          COM                315405100    17      12161      SH             SOLE             12161
FINISAR                             COM                31787A101    16      36717      SH             SOLE             36717
FINISH LINE INC                     CL A               317923100   162      24469      SH             SOLE             24469
FIRST BANCORP P R                   COM                318672102   123      28789      SH             SOLE             28789
FIRST FINANCIAL NORTHWEST IN        COM                32022K102   138      16592      SH             SOLE             16592
FIRST FINL BANCORP OH               COM                320209109   253      26600      SH             SOLE             26600
FIRST SOLAR INC                     COM                336433107   743      5600       SH     PUT     SOLE              5600
FIRST SOLAR INC                     COM                336433107   2481     18700      SH     CALL    SOLE             18700
FIRSTMERIT CORP                     COM                337915102   520      28590      SH             SOLE             28590
FLOWSERVE CORP                      COM                34354P105   494      8800       SH     PUT     SOLE              8800
FLUSHING FINL CORP                  COM                343873105   108      17966      SH             SOLE             17966
FOOT LOCKER INC                     COM                344849104   803      76605      SH             SOLE             76605
FORD MTR CO DEL                     COM PAR $0.01      345370860    43      16427      SH             SOLE             16427
FOREST CITY ENTERPRISES INC         CL A               345550107    73      20334      SH             SOLE             20334
FOUNDATION COAL HLDGS INC           COM                35039W100   219      15291      SH             SOLE             15291
FOX CHASE BANCORP                   COM                35137P106   176      18600      SH             SOLE             18600
FPL GROUP INC                       COM                302571104   1586     31259      SH             SOLE             31259
FRANKLIN RES INC                    COM                354613101   692      12838      SH             SOLE             12838
FRONTIER COMMUNICATIONS CORP        COM                35906A108    90      12600      SH             SOLE             12600
FUELCELL ENERGY INC                 COM                35952H106    41      17018      SH             SOLE             17018
FULTON FINL CORP PA                 COM                360271100   448      67583      SH             SOLE             67583
FURMANITE CORPORATION               COM                361086101    71      22922      SH             SOLE             22922
GAMMON GOLD INC                     COM                36467T106   104      16003      SH             SOLE             16003
GAP INC DEL                         COM                364760108   2372    182597      SH             SOLE            182597
GARTNER INC                         COM                366651107   137      12400      SH             SOLE             12400
GENENTECH INC                       COM NEW            368710406   2289     24100      SH     CALL    SOLE             24100
GENENTECH INC                       COM NEW            368710406   7920     83400      SH     PUT     SOLE             83400
GENERAL DYNAMICS CORP               COM                369550108   2185     52533      SH             SOLE             52533
GENERAL GROWTH PPTYS INC            COM                370021107    13      17672      SH             SOLE             17672
GENERAL MTRS CORP                   COM                370442105    78      40124      SH             SOLE             40124
GERDAU AMERISTEEL CORP              COM                37373P105   113      36791      SH             SOLE             36791
GERON CORP                          COM                374163103   155      34447      SH             SOLE             34447
GIBRALTAR INDS INC                  COM                374689107   112      23632      SH             SOLE             23632
GIGAMEDIA LTD                       ORD                Y2711Y104    69      12558      SH             SOLE             12558
GILDAN ACTIVEWEAR INC               COM                375916103   110      13550      SH             SOLE             13550
GLAXOSMITHKLINE PLC                 SPONSORED ADR      37733W105   246      7921       SH             SOLE              7921
GLOBAL CASH ACCESS HLDGS INC        COM                378967103    43      11385      SH             SOLE             11385
GMX RES INC                         COM                38011M108    79      12195      SH             SOLE             12195
GOLAR LNG LTD BERMUDA               SHS                G9456A100    44      12958      SH             SOLE             12958
GOLD FIELDS LTD NEW                 SPONSORED ADR      38059T106   214      18899      SH             SOLE             18899
GRACE W R & CO DEL NEW              COM                38388F108   162      25572      SH             SOLE             25572
GRAFTECH INTL LTD                   COM                384313102   150      24304      SH             SOLE             24304
GRAINGER W W INC                    COM                384802104   435      6194       SH             SOLE              6194
GREAT ATLANTIC & PAC TEA INC        COM                390064103    77      14450      SH             SOLE             14450
GREAT LAKES DREDGE & DOCK CO        COM                390607109    52      17221      SH             SOLE             17221
GREAT WOLF RESORTS INC              COM                391523107    24      10400      SH             SOLE             10400
GREATBATCH INC                      COM                39153L106   234      12103      SH             SOLE             12103
GREATBATCH INC                      SDCV   2.250% 6/1  39153LAB2   378     500000      SH             SOLE            500000
GREENLIGHT CAPITAL RE LTD           CLASS A            G4095J109   239      14949      SH             SOLE             14949
GSE SYS INC                         COM                36227K106    77      12961      SH             SOLE             12961
GUARANTY BANCORP DEL                COM                40075T102    59      33720      SH             SOLE             33720
GYMBOREE CORP                       COM                403777105   414      19384      SH             SOLE             19384
H & Q LIFE SCIENCES INVS            SH BEN INT         404053100    95      12200      SH             SOLE             12200
HACKETT GROUP INC                   COM                404609109    24      11900      SH             SOLE             11900
HAEMONETICS CORP                    COM                405024100   350      6352       SH             SOLE              6352
HAIN CELESTIAL GROUP INC            COM                405217100   161      11300      SH             SOLE             11300
HARMONY GOLD MNG LTD                SPONSORED ADR      413216300   252      23061      SH             SOLE             23061
HARVEST ENERGY TR                   TRUST UNIT         41752X101   156      43427      SH             SOLE             43427
HASBRO INC                          COM                418056107   283      11300      SH             SOLE             11300
HAWAIIAN ELEC INDUSTRIES            COM                419870100   244      17728      SH             SOLE             17728
HEADWATERS INC                      COM                42210P102    42      13254      SH             SOLE             13254
HEALTHSOUTH CORP                    COM NEW            421924309   206      23193      SH             SOLE             23193
HEALTHSPRING INC                    COM                42224N101   344      5200       SH     CALL    SOLE              5200
HEARTLAND PMT SYS INC               COM                42235N108   174      26323      SH             SOLE             26323
HEINZ H J CO                        COM                423074103   234      7078       SH             SOLE              7078
HELIX ENERGY SOLUTIONS GRP I        COM                42330P107    84      16400      SH             SOLE             16400
HELMERICH & PAYNE INC               COM                423452101   909      39919      SH             SOLE             39919
HEWITT ASSOCS INC                   COM                42822Q100   715      24014      SH             SOLE             24014
HEWLETT PACKARD CO                  COM                428236103   563      17562      SH             SOLE             17562
HIGHLAND DISTRESSED OPPORT I        COM                430067108   119      60000      SH             SOLE             60000
HILL INTERNATIONAL INC              COM                431466101    61      20036      SH             SOLE             20036
HIMAX TECHNOLOGIES INC              SPONSORED ADR      43289P106    38      13614      SH             SOLE             13614
HLTH CORPORATION                    COM                40422Y101   155      14996      SH             SOLE             14996
HOME DEPOT INC                      COM                437076102   3028    128516      SH             SOLE            128516
HOME FED BANCORP INC MD             COM                43710G105   178      20417      SH             SOLE             20417
HOOKER FURNITURE CORP               COM                439038100   101      11913      SH             SOLE             11913
HORACE MANN EDUCATORS CORP N        COM                440327104   176      20982      SH             SOLE             20982
HOSPIRA INC                         COM                441060100   599      19424      SH             SOLE             19424
HOVNANIAN ENTERPRISES INC           CL A               442487203    26      16634      SH             SOLE             16634
HSBC HLDGS PLC                      SPON ADR NEW       404280406   280      9919       SH             SOLE              9919
HUBBELL INC                         CL B               443510201   379      14071      SH             SOLE             14071
HUNTINGTON BANCSHARES INC           COM                446150104    39      23762      SH             SOLE             23762
HUNTSMAN CORP                       COM                447011107    44      14109      SH             SOLE             14109
HURON CONSULTING GROUP INC          COM                447462102   253      5954       SH             SOLE              5954
HUTCHINSON TECHNOLOGY INC           COM                448407106    33      12768      SH             SOLE             12768
IAMGOLD CORP                        COM                450913108   133      15549      SH             SOLE             15549
ICONIX BRAND GROUP INC              COM                451055107   184      20830      SH             SOLE             20830
IDEX CORP                           COM                45167R104   217      9925       SH             SOLE              9925
INCYTE CORP                         COM                45337C102   112      47834      SH             SOLE             47834
INDEVUS PHARMACEUTICALS INC         COM                454072109    82      14681      SH             SOLE             14681
INFINEON TECHNOLOGIES AG            SPONSORED ADR      45662N103    64      56218      SH             SOLE             56218
INFORMATION SERVICES GROUP I        COM                45675Y104   141      45788      SH             SOLE             45788
INFOSPACE INC                       COM NEW            45678T201    77      14749      SH             SOLE             14749
INTEL CORP                          COM                458140100   845      56233      SH             SOLE             56233
INTERCONTINENTAL HTLS GRP PL        SPONS ADR NEW      45857P301   120      15854      SH             SOLE             15854
INTERNATIONAL BANCSHARES COR        COM                459044103   324      41518      SH             SOLE             41518
INTL PAPER CO                       COM                460146103   442      62740      SH             SOLE             62740
INTUITIVE SURGICAL INC              COM NEW            46120E602   1449     15200      SH     PUT     SOLE             15200
INTUITIVE SURGICAL INC              COM NEW            46120E602   3299     34600      SH     CALL    SOLE             34600
INVENTIV HEALTH INC                 COM                46122E105    85      10413      SH             SOLE             10413
INVESTORS BANCORP INC               COM                46146P102   158      18604      SH             SOLE             18604
ISHARES INC                         MSCI MEX INVEST    464286822   723      26682      SH             SOLE             26682
ISHARES TR                          HIGH YLD CORP      464288513   236      3474       SH             SOLE              3474
ISHARES TR                          BARCLYS 20+ YR     464287432   444      4200       SH     CALL    SOLE              4200
ISHARES TR                          BARCLYS 20+ YR     464287432   666      6300       SH             SOLE              6300
ISHARES TR                          IBOXX INV CPBD     464287242   869      9229       SH             SOLE              9229
ISHARES TR                          BARCLYS 20+ YR     464287432   1047     9900       SH     PUT     SOLE              9900
ISHARES TR                          BARCLYS TIPS BD    464287176   1038     10100      SH             SOLE             10100
ISHARES TR                          RUSSELL 2000       464287655   3574     85000      SH             SOLE             85000
ISHARES TR                          DJ US REAL EST     464287739   3539    139000      SH     PUT     SOLE            139000
ISHARES TR                          DJ US REAL EST     464287739   4074    160000      SH     CALL    SOLE            160000
ISHARES TR                          DJ US FINL SEC     464287788   6633    202361      SH             SOLE            202361
ITRON INC                           COM                465741106   348      7349       SH             SOLE              7349
ITT CORP NEW                        COM                450911102   331      8600       SH             SOLE              8600
ITT EDUCATIONAL SERVICES INC        COM                45068B109   206      1694       SH             SOLE              1694
JACK IN THE BOX INC                 COM                466367109   235      10106      SH             SOLE             10106
JANUS CAP GROUP INC                 COM                47102X105   289      43511      SH             SOLE             43511
JAPAN SMALLER CAPTLZTN FD IN        COM                47109U104   183      30600      SH             SOLE             30600
JDS UNIPHASE CORP                   COM PAR $0.001     46612J507   212      65366      SH             SOLE             65366
JETBLUE AIRWAYS CORP                COM                477143101   268      73485      SH             SOLE             73485
JOHN HANCOCK BK &THRIFT; OPP         SH BEN INT         409735107   129      12000      SH             SOLE             12000
JOHNSON CTLS INC                    COM                478366107   751      62595      SH             SOLE             62595
JONES LANG LASALLE INC              COM                48020Q107   241      10344      SH             SOLE             10344
JOY GLOBAL INC                      COM                481165108   1168     54854      SH             SOLE             54854
KEARNY FINL CORP                    COM                487169104   119      11300      SH             SOLE             11300
KENNAMETAL INC                      COM                489170100   737      45493      SH             SOLE             45493
KENSEY NASH CORP                    COM                490057106   297      13981      SH             SOLE             13981
KEY ENERGY SVCS INC                 COM                492914106    45      15544      SH             SOLE             15544
KEYCORP NEW                         COM                493267108   153      19415      SH             SOLE             19415
KFORCE INC                          COM                493732101    90      12838      SH             SOLE             12838
KNOLL INC                           COM NEW            498904200   201      32806      SH             SOLE             32806
KOREA EQUITY FD INC                 COM                50063B104   153      27100      SH             SOLE             27100
L-1 IDENTITY SOLUTIONS INC          COM                50212A106    51      10071      SH             SOLE             10071
L-3 COMMUNICATIONS HLDGS INC        COM                502424104   238      3504       SH             SOLE              3504
LABRANCHE & CO INC                  COM                505447102    41      10945      SH             SOLE             10945
LAM RESEARCH CORP                   COM                512807108   970      42585      SH             SOLE             42585
LANCE INC                           COM                514606102   426      20442      SH             SOLE             20442
LAS VEGAS SANDS CORP                COM                517834107    57      18794      SH             SOLE             18794
LASALLE HOTEL PPTYS                 COM SH BEN INT     517942108   122      20839      SH             SOLE             20839
LAUDER ESTEE COS INC                CL A               518439104   249      10100      SH             SOLE             10100
LEVEL 3 COMMUNICATIONS INC          COM                52729N100    19      20240      SH             SOLE             20240
LEXICON PHARMACEUTICALS INC         COM                528872104    13      12147      SH             SOLE             12147
LIBERTY ALL-STAR GROWTH FD I        COM                529900102    39      16100      SH             SOLE             16100
LIFEPOINT HOSPITALS INC             COM                53219L109   279      13355      SH             SOLE             13355
LIGAND PHARMACEUTICALS INC          CL B               53220K207    39      12950      SH             SOLE             12950
LILLY ELI & CO                      COM                532457108   1600     47883      SH             SOLE             47883
LIMITED BRANDS INC                  COM                532716107   483      55513      SH             SOLE             55513
LINCOLN EDL SVCS CORP               COM                533535100   187      10182      SH             SOLE             10182
LINCOLN ELEC HLDGS INC              COM                533900106   208      6558       SH             SOLE              6558
LINCOLN NATL CORP IND               COM                534187109   177      26391      SH             SOLE             26391
LIONS GATE ENTMNT CORP              COM NEW            535919203   166      32807      SH             SOLE             32807
LIVE NATION INC                     COM                538034109    59      21966      SH             SOLE             21966
LOWES COS INC                       COM                548661107   808      44262      SH             SOLE             44262
LUXOTTICA GROUP S P A               SPONSORED ADR      55068R202   186      12061      SH             SOLE             12061
M D C HLDGS INC                     COM                552676108   624      20024      SH             SOLE             20024
M/I HOMES INC                       COM                55305B101    97      13891      SH             SOLE             13891
MAGNA INTL INC                      CL A               559222401   389      14549      SH             SOLE             14549
MALAYSIA FD INC                     COM                560905101   125      25800      SH             SOLE             25800
MANITOWOC INC                       COM                563571108    42      12849      SH             SOLE             12849
MANNKIND CORP                       COM                56400P201    38      10960      SH             SOLE             10960
MANPOWER INC                        COM                56418H100   353      11207      SH             SOLE             11207
MANTECH INTL CORP                   CL A               564563104   332      7935       SH             SOLE              7935
MARATHON OIL CORP                   COM                565849106   316      12035      SH             SOLE             12035
MARTEK BIOSCIENCES CORP             COM                572901106   321      17572      SH             SOLE             17572
MARTHA STEWART LIVING OMNIME        CL A               573083102    72      28773      SH             SOLE             28773
MASTERCARD INC                      CL A               57636Q104   888      5303       SH             SOLE              5303
MASTERCARD INC                      CL A               57636Q104   1859     11100      SH     PUT     SOLE             11100
MAXIMUS INC                         COM                577933104   227      5700       SH             SOLE              5700
MAXYGEN INC                         COM                577776107    90      13172      SH             SOLE             13172
MBIA INC                            COM                55262C100   147      32166      SH             SOLE             32166
MCCORMICK & CO INC                  COM NON VTG        579780206   406      13734      SH             SOLE             13734
MCGRAW HILL COS INC                 COM                580645109   420      18349      SH             SOLE             18349
MDS INC                             COM                55269P302   151      31888      SH             SOLE             31888
MEADWESTVACO CORP                   COM                583334107   151      12600      SH             SOLE             12600
MECHEL OAO                          SPONSORED ADR      583840103    45      10838      SH             SOLE             10838
MEDAREX INC                         COM                583916101    87      16915      SH             SOLE             16915
MEDCATH CORP                        COM                58404W109    95      13043      SH             SOLE             13043
MEDICAL PPTYS TRUST INC             COM                58463J304   171      46907      SH             SOLE             46907
MEDICIS PHARMACEUTICAL CORP         CL A NEW           584690309   212      17141      SH             SOLE             17141
MEDIFAST INC                        COM                58470H101    42      10231      SH             SOLE             10231
MEDNAX INC                          COM                58502B106   270      9162       SH             SOLE              9162
MELCO CROWN ENTMT LTD               ADR                585464100    63      19202      SH             SOLE             19202
MF GLOBAL LTD                       SHS                G60642108    80      18855      SH             SOLE             18855
MGIC INVT CORP WIS                  COM                552848103    30      20980      SH             SOLE             20980
MGM MIRAGE                          COM                552953101    52      22378      SH             SOLE             22378
MICROSTRATEGY INC                   CL A NEW           594972408   224      6549       SH             SOLE              6549
MILLER INDS INC TENN                COM NEW            600551204    76      11932      SH             SOLE             11932
MILLIPORE CORP                      COM                601073109   333      5800       SH             SOLE              5800
MITSUBISHI UFJ FINL GROUP IN        SPONSORED ADR      606822104   116      23576      SH             SOLE             23576
MOLEX INC                           COM                608554101   629      45753      SH             SOLE             45753
MONARCH CASINO & RESORT INC         COM                609027107    69      13280      SH             SOLE             13280
MORGAN STANLEY ASIA PAC FD I        COM                61744U106   153      16300      SH             SOLE             16300
MOTOROLA INC                        COM                620076109    67      15800      SH             SOLE             15800
MOVADO GROUP INC                    COM                624580106   153      20260      SH             SOLE             20260
MSC SOFTWARE CORP                   COM                553531104   127      22605      SH             SOLE             22605
MYRIAD GENETICS INC                 COM                62855J104   482      10600      SH     PUT     SOLE             10600
MYRIAD GENETICS INC                 COM                62855J104   527      11600      SH             SOLE             11600
NATUS MEDICAL INC DEL               COM                639050103   155      18227      SH             SOLE             18227
NAVIGATORS GROUP INC                COM                638904102   223      4719       SH             SOLE              4719
NBTY INC                            COM                628782104   235      16702      SH             SOLE             16702
NCI BUILDING SYS INC                COM                628852105    36      16061      SH             SOLE             16061
NEKTAR THERAPEUTICS                 COM                640268108    67      12470      SH             SOLE             12470
NESS TECHNOLOGIES INC               COM                64104X108    71      24130      SH             SOLE             24130
NETFLIX INC                         COM                64110L106   897      20900      SH     CALL    SOLE             20900
NETWORK EQUIP TECHNOLOGIES          COM                641208103    36      10052      SH             SOLE             10052
NEUSTAR INC                         CL A               64126X201   280      16730      SH             SOLE             16730
NEW YORK & CO INC                   COM                649295102    48      13499      SH             SOLE             13499
NEW YORK TIMES CO                   CL A               650111107   767     169782      SH             SOLE            169782
NEWELL RUBBERMAID INC               COM                651229106   177      27800      SH             SOLE             27800
NEWPORT CORP                        COM                651824104    46      10504      SH             SOLE             10504
NEXEN INC                           COM                65334H102   481      28377      SH             SOLE             28377
NFJ DIVID INT & PREM STRTGY         COM SHS            65337H109   136      13600      SH             SOLE             13600
NISSAN MOTORS                       SPONSORED ADR      654744408   197      27217      SH             SOLE             27217
NOBLE ENERGY INC                    COM                655044105   2261     41957      SH             SOLE             41957
NOKIA CORP                          SPONSORED ADR      654902204   294      25177      SH             SOLE             25177
NORTEL NETWORKS CORP NEW            COM NEW            656568508    16      72825      SH             SOLE             72825
NOVATEL WIRELESS INC                COM NEW            66987M604    60      10659      SH             SOLE             10659
NOVELL INC                          COM                670006105   601     141057      SH             SOLE            141057
NSTAR                               COM                67019E107   723      22678      SH             SOLE             22678
NTELOS HLDGS CORP                   COM                67020Q107   199      10975      SH             SOLE             10975
NUVEEN TX ADV TOTAL RET STRG        COM                67090H102    69      10800      SH             SOLE             10800
NV ENERGY INC                       COM                67073Y106   389      41401      SH             SOLE             41401
NVR INC                             COM                62944T105   1074     2510       SH             SOLE              2510
ODYSSEY HEALTHCARE INC              COM                67611V101    99      10168      SH             SOLE             10168
ODYSSEY RE HLDGS CORP               COM                67612W108   263      6929       SH             SOLE              6929
OFFICEMAX INC DEL                   COM                67622P101   102      32607      SH             SOLE             32607
OIL STS INTL INC                    COM                678026105   155      11542      SH             SOLE             11542
OLD DOMINION FGHT LINES INC         COM                679580100   213      9086       SH             SOLE              9086
OMNICARE INC                        COM                681904108   314      12808      SH             SOLE             12808
OMNICOM GROUP INC                   COM                681919106   8514    363837      SH             SOLE            363837
OMNIVISION TECHNOLOGIES INC         COM                682128103   141      20964      SH             SOLE             20964
ON SEMICONDUCTOR CORP               COM                682189105   187      47897      SH             SOLE             47897
ORIENT-EXPRESS HOTELS LTD           CL A               G67743107   153      37366      SH             SOLE             37366
ORTHOVITA INC                       COM                68750U102   193      71994      SH             SOLE             71994
OSHKOSH CORP                        COM                688239201    88      13081      SH             SOLE             13081
OVERSEAS SHIPHOLDING GROUP I        COM                690368105   594      26183      SH             SOLE             26183
OWENS & MINOR INC NEW               COM                690732102   746      22532      SH             SOLE             22532
OWENS ILL INC                       COM NEW            690768403   151      10438      SH             SOLE             10438
PACER INTL INC TENN                 COM                69373H106    52      14903      SH             SOLE             14903
PACIFIC CAP BANCORP NEW             COM                69404P101    92      13540      SH             SOLE             13540
PACKAGING CORP AMER                 COM                695156109   161      12394      SH             SOLE             12394
PAIN THERAPEUTICS INC               COM                69562K100   108      25725      SH             SOLE             25725
PALL CORP                           COM                696429307   215      10527      SH             SOLE             10527
PALM INC NEW                        COM                696643105   114      13266      SH             SOLE             13266
PAR PHARMACEUTICAL COS INC          COM                69888P106   217      22920      SH             SOLE             22920
PARK ELECTROCHEMICAL CORP           COM                700416209   201      11636      SH             SOLE             11636
PATTERSON COMPANIES INC             COM                703395103   985      52211      SH             SOLE             52211
PATTERSON UTI ENERGY INC            COM                703481101   589      65694      SH             SOLE             65694
PAYCHEX INC                         COM                704326107   537      20926      SH             SOLE             20926
PC-TEL INC                          COM                69325Q105   106      24596      SH             SOLE             24596
PDL BIOPHARMA INC                   COM                69329Y104    83      11700      SH             SOLE             11700
PEABODY ENERGY CORP                 COM                704549104   3294    131550      SH             SOLE            131550
PENGROWTH ENERGY TR                 TR UNIT NEW        706902509    97      17383      SH             SOLE             17383
PENNSYLVANIA RL ESTATE INVT         SH BEN INT         709102107   107      30224      SH             SOLE             30224
PEP BOYS MANNY MOE & JACK           COM                713278109   138      31324      SH             SOLE             31324
PEPSI BOTTLING GROUP INC            COM                713409100   716      32358      SH             SOLE             32358
PERINI CORP                         COM                713839108   136      11024      SH             SOLE             11024
PERKINELMER INC                     COM                714046109   260      20390      SH             SOLE             20390
PETROCHINA CO LTD                   SPONSORED     ADR  71646E100   285      3574       SH             SOLE              3574
PETROCHINA CO LTD                   SPONSORED     ADR  71646E100   709      8900       SH     CALL    SOLE              8900
PETROCHINA CO LTD                   SPONSORED     ADR  71646E100   749      9400       SH     PUT     SOLE              9400
PETROLEUM DEV CORP                  COM                716578109   163      13787      SH             SOLE             13787
PETSMART INC                        COM                716768106   1388     66245      SH             SOLE             66245
PHARMACEUTICAL HLDRS TR             DEPOSITRY RCPT     71712A206   744      13200      SH             SOLE             13200
PHASE FORWARD INC                   COM                71721R406   161      12595      SH             SOLE             12595
PIONEER DRILLING CO                 COM                723655106   157      47812      SH             SOLE             47812
PITNEY BOWES INC                    COM                724479100   1795     76882      SH             SOLE             76882
PLANTRONICS INC NEW                 COM                727493108   643      53251      SH             SOLE             53251
PLEXUS CORP                         COM                729132100   289      20885      SH             SOLE             20885
PLUM CREEK TIMBER CO INC            COM                729251108   890      11300      SH     PUT     SOLE             11300
PMC-SIERRA INC                      COM                69344F106    94      14800      SH             SOLE             14800
PMI GROUP INC                       COM                69344M101    28      45044      SH             SOLE             45044
POLO RALPH LAUREN CORP              CL A               731572103   520      12311      SH             SOLE             12311
POSCO                               SPONSORED ADR      693483109   406      6081       SH             SOLE              6081
POWERSHARES QQQ TRUST               UNIT SER 1         73935A104   271      8946       SH             SOLE              8946
PPG INDS INC                        COM                693506107   512      13869      SH             SOLE             13869
PRE PAID LEGAL SVCS INC             COM                740065107   217      7480       SH             SOLE              7480
PRECISION DRILLING TR               TR UNIT            740215108    35      12896      SH             SOLE             12896
PRG-SCHULTZ INTERNATIONAL IN        COM NEW            69357C503    35      12400      SH             SOLE             12400
PRIDE INTL INC DEL                  COM                74153Q102   447      24851      SH             SOLE             24851
PROCTER & GAMBLE CO                 COM                742718109   221      4700       SH             SOLE              4700
PROGRESS SOFTWARE CORP              COM                743312100   213      12295      SH             SOLE             12295
PROSHARES TR                        PSHS ULTSHRT QQQ   74347R875   340      7000       SH     PUT     SOLE              7000
PROSHARES TR                        PSHS ULTSHT FINL   74347R628   833      8500       SH     CALL    SOLE              8500
PROSHARES TR                        PSHS ULTSHT FINL   74347R628   835      8523       SH             SOLE              8523
PROSHARES TR                        PSHS UT SHT MSCI   74347R354   357      8700       SH             SOLE              8700
PROSHARES TR                        PSHS ULTSHT FINL   74347R628   921      9400       SH     PUT     SOLE              9400
PROSHARES TR                        PSHS ULSHRUS2000   74347R834   789      11200      SH             SOLE             11200
PROSHARES TR                        PSHS REAL ESTAT    74347R552   759      14400      SH     CALL    SOLE             14400
PROSHARES TR                        PSHS UL XIN CH25   74347R321   507      19113      SH             SOLE             19113
PROSHARES TR                        PSHS UT SHT MSCI   74347R354   799      19500      SH     PUT     SOLE             19500
PROSHARES TR                        PSHS UT SHT MSCI   74347R354   1107     27000      SH     CALL    SOLE             27000
PROSHARES TR                        PSHS ULTRA R/EST   74347R677    97      39600      SH             SOLE             39600
PROSHARES TR                        PSHS ULTRA R/EST   74347R677   237      96800      SH     CALL    SOLE             96800
PROSHARES TR                        PSHS ULTRSHT O^G   74347R586   3030    114600      SH     CALL    SOLE            114600
PROSHARES TR                        PSHS UL XIN CH25   74347R321   3109    117100      SH     CALL    SOLE            117100
PROSHARES TR                        PSHS ULTRSHT O^G   74347R586   3146    119000      SH     PUT     SOLE            119000
PROSHARES TR                        PSHS UL XIN CH25   74347R321   3829    144200      SH     PUT     SOLE            144200
PROSHARES TR                        PSHS ULT S^P 500   74347R107   2881    146000      SH     PUT     SOLE            146000
PROSHARES TR                        PSHS ULT S^P 500   74347R107   3516    178200      SH     CALL    SOLE            178200
PROSHARES TR                        PSHS ULTRUSS2000   74347R842   2544    188600      SH     CALL    SOLE            188600
PROSHARES TR                        PSHS ULTRUSS2000   74347R842   2730    202400      SH     PUT     SOLE            202400
PROSHARES TR                        PSHS ULTRA DOW30   74347R305   5247    225000      SH     CALL    SOLE            225000
PROSHARES TR                        PSHS ULTRA R/EST   74347R677   611     249300      SH     PUT     SOLE            249300
PROSHARES TR                        PSHS ULTRA O^G     74347R719   5524    257400      SH     PUT     SOLE            257400
PROSHARES TR                        PSHS ULTRA O^G     74347R719   5897    274800      SH     CALL    SOLE            274800
PROSHARES TR                        PSHS ULTRA DOW30   74347R305   6891    295500      SH     PUT     SOLE            295500
PROSHARES TR                        PSHS ULTRA QQQ     74347R206   8214    304100      SH     CALL    SOLE            304100
PROSHARES TR                        PSHS ULTRA QQQ     74347R206   9081    336200      SH     PUT     SOLE            336200
PROSHARES TR                        PSHS ULTRA FINL    74347R743   1785    684000      SH     PUT     SOLE            684000
PROSHARES TR                        PSHS ULTRA FINL    74347R743   2458    941900      SH     CALL    SOLE            941900
PROSHARES TR                        PSHS ULTRA FINL    74347R743   2534    971061      SH             SOLE            971061
PROSHARES TR II                     ULT DJ AIG CRU     74347W502   524      62200      SH     CALL    SOLE             62200
PROSHARES TR II                     ULT DJ AIG CRU     74347W502   632      75000      SH     PUT     SOLE             75000
PSS WORLD MED INC                   COM                69366A100   318      22140      SH             SOLE             22140
PSYCHIATRIC SOLUTIONS INC           COM                74439H108   194      12311      SH             SOLE             12311
PULTE HOMES INC                     COM                745867101   261      23900      SH             SOLE             23900
QLOGIC CORP                         COM                747277101   1331    119680      SH             SOLE            119680
QLT INC                             COM                746927102    47      26625      SH             SOLE             26625
QUEST SOFTWARE INC                  COM                74834T103   196      15474      SH             SOLE             15474
QUESTAR CORP                        COM                748356102   234      1300       SH     CALL    SOLE              1300
QUESTAR CORP                        COM                748356102   792      4400       SH     PUT     SOLE              4400
QUESTCOR PHARMACEUTICALS INC        COM                74835Y101    92      18778      SH             SOLE             18778
QWEST COMMUNICATIONS INTL IN        COM                749121109   216      63201      SH             SOLE             63201
R H DONNELLEY CORP                  COM NEW            74955W307    14      47481      SH             SOLE             47481
RAM ENERGY RESOURCES INC            COM                75130P109    10      13678      SH             SOLE             13678
RAYONIER INC                        COM                754907103   341      11273      SH             SOLE             11273
RCN CORP                            COM NEW            749361200   123      33185      SH             SOLE             33185
REALNETWORKS INC                    COM                75605L104    66      28269      SH             SOLE             28269
REAVES UTIL INCOME FD               COM SH BEN INT     756158101   120      11100      SH             SOLE             11100
REDIFF COM INDIA LTD                SPONSORED ADR      757479100    21      11100      SH             SOLE             11100
REGAL BELOIT CORP                   COM                758750103   228      7435       SH             SOLE              7435
REGENCY CTRS CORP                   COM                758849103   217      8154       SH             SOLE              8154
REGIONAL BK HOLDRS TR               DEPOSITRY RCPT     75902E100   254      5100       SH     PUT     SOLE              5100
REGIONAL BK HOLDRS TR               DEPOSITRY RCPT     75902E100   394      7900       SH     CALL    SOLE              7900
REGIONS FINANCIAL CORP NEW          COM                7591EP100   178      41817      SH             SOLE             41817
REHABCARE GROUP INC                 COM                759148109   230      13171      SH             SOLE             13171
RELIANT ENERGY INC                  COM                75952B105    41      12802      SH             SOLE             12802
RELM WIRELESS CORP                  COM                759525108    7       14000      SH             SOLE             14000
REYNOLDS AMERICAN INC               COM                761713106   1560     43528      SH             SOLE             43528
RIGHTNOW TECHNOLOGIES INC           COM                76657R106    98      12981      SH             SOLE             12981
RIO TINTO PLC                       SPONSORED ADR      767204100   912      6800       SH     PUT     SOLE              6800
RIO TINTO PLC                       SPONSORED ADR      767204100   2494     18600      SH     CALL    SOLE             18600
RITE AID CORP                       COM                767754104    5       14671      SH             SOLE             14671
RMR REAL ESTATE FD                  SH BEN INT         74963F106    43      27700      SH             SOLE             27700
ROBERT HALF INTL INC                COM                770323103   1221     68504      SH             SOLE             68504
ROHM & HAAS CO                      COM                775371107   4029     51100      SH     PUT     SOLE             51100
ROHM & HAAS CO                      COM                775371107   4431     56200      SH     CALL    SOLE             56200
RTI INTL METALS INC                 COM                74973W107   183      15601      SH             SOLE             15601
RUBY TUESDAY INC                    COM                781182100   100      34175      SH             SOLE             34175
S & T BANCORP INC                   COM                783859101   356      16835      SH             SOLE             16835
S1 CORPORATION                      COM                78463B101   137      26553      SH             SOLE             26553
SAKS INC                            COM                79377W108    30      15914      SH             SOLE             15914
SANMINA SCI CORP                    COM                800907107    8       27111      SH             SOLE             27111
SAPIENT CORP                        COM                803062108    57      12841      SH             SOLE             12841
SAVIENT PHARMACEUTICALS INC         COM                80517Q100    78      15803      SH             SOLE             15803
SCANA CORP NEW                      COM                80589M102   784      25384      SH             SOLE             25384
SCHOLASTIC CORP                     COM                807066105   258      17089      SH             SOLE             17089
SCRIPPS E W CO OHIO                 CL A NEW           811054402    16      12140      SH             SOLE             12140
SEAGATE TECHNOLOGY                  SHS                G7945J104   120      19927      SH             SOLE             19927
SEI INVESTMENTS CO                  COM                784117103   405      33138      SH             SOLE             33138
SELECT SECTOR SPDR TR               SBI MATERIALS      81369Y100   539      24285      SH             SOLE             24285
SELECT SECTOR SPDR TR               SBI INT-FINL       81369Y605   793      90000      SH     CALL    SOLE             90000
SELECT SECTOR SPDR TR               SBI HEALTHCARE     81369Y209   2603    107500      SH             SOLE            107500
SELECT SECTOR SPDR TR               SBI INT-FINL       81369Y605   1307    148400      SH     PUT     SOLE            148400
SELECT SECTOR SPDR TR               SBI INT-FINL       81369Y605  13499    1532237     SH             SOLE           1532237
SELIGMAN LASALLE INTL REAL E        COM                81634A101    50      12100      SH             SOLE             12100
SEMTECH CORP                        COM                816850101   179      13400      SH             SOLE             13400
SENSIENT TECHNOLOGIES CORP          COM                81725T100   497      21146      SH             SOLE             21146
SEPRACOR INC                        COM                817315104   181      12315      SH             SOLE             12315
SERVICE CORP INTL                   COM                817565104    73      21059      SH             SOLE             21059
SHENGDA TECH INC                    COM                823213103    67      21691      SH             SOLE             21691
SHOE CARNIVAL INC                   COM                824889109   131      12631      SH             SOLE             12631
SIERRA WIRELESS INC                 COM                826516106    72      19781      SH             SOLE             19781
SILGAN HOLDINGS INC                 COM                827048109   258      4915       SH             SOLE              4915
SILICONWARE PRECISION INDS L        SPONSD ADR SPL     827084864   119      20637      SH             SOLE             20637
SINGAPORE FD INC                    COM                82929L109    74      10700      SH             SOLE             10700
SIRF TECHNOLOGY HLDGS INC           COM                82967H101    49      21373      SH             SOLE             21373
SIRIUS XM RADIO INC                 COM                82967N108    4       12566      SH             SOLE             12566
SKILLSOFT PLC                       SPONSORED ADR      830928107    97      14451      SH             SOLE             14451
SMITH & WESSON HLDG CORP            COM                831756101    77      12711      SH             SOLE             12711
SONIC CORP                          COM                835451105   235      23500      SH             SOLE             23500
SONUS NETWORKS INC                  COM                835916107    25      15782      SH             SOLE             15782
SOUTHERN UN CO NEW                  COM                844030106   229      15057      SH             SOLE             15057
SPAIN FD                            COM                846330108    57      14200      SH             SOLE             14200
SPDR GOLD TRUST                     GOLD SHS           78463V107   1128     12500      SH     PUT     SOLE             12500
SPDR TR                             UNIT SER 1         78462F103  238043   2993500     SH     PUT     SOLE           2993500
SPEEDWAY MOTORSPORTS INC            COM                847788106   187      15852      SH             SOLE             15852
SPX CORP                            COM                784635104   720      15322      SH             SOLE             15322
ST JUDE MED INC                     COM                790849103   1722     47406      SH             SOLE             47406
ST MARY LD & EXPL CO                COM                792228108   169      12800      SH             SOLE             12800
STAGE STORES INC                    COM NEW            85254C305   156      15479      SH             SOLE             15479
STAMPS COM INC                      COM NEW            852857200   187      19350      SH             SOLE             19350
STANDARD PAC CORP NEW               COM                85375C101    15      16586      SH             SOLE             16586
STANLEY INC                         COM                854532108   242      9535       SH             SOLE              9535
STAR SCIENTIFIC INC                 COM                85517P101    56      13036      SH             SOLE             13036
STARBUCKS CORP                      COM                855244109   230      20665      SH             SOLE             20665
STARWOOD HOTELS^RESORTS WRLD        COM                85590A401   275      21625      SH             SOLE             21625
STEC INC                            COM                784774101   163      22171      SH             SOLE             22171
STEELCASE INC                       CL A               858155203   109      21756      SH             SOLE             21756
STERIS CORP                         COM                859152100   204      8755       SH             SOLE              8755
STEWART ENTERPRISES INC             CL A               860370105    74      22766      SH             SOLE             22766
STMICROELECTRONICS N V              NY REGISTRY        861012102   226      45633      SH             SOLE             45633
STONE ENERGY CORP                   COM                861642106    94      28216      SH             SOLE             28216
STRATEGIC HOTELS & RESORTS I        COM                86272T106    18      26030      SH             SOLE             26030
STRAYER ED INC                      COM                863236105   216      1200       SH     CALL    SOLE              1200
STRAYER ED INC                      COM                863236105   1764     9800       SH     PUT     SOLE              9800
SUN HEALTHCARE GROUP INC            COM NEW            866933401   171      20308      SH             SOLE             20308
SUNOCO INC                          COM                86764P109   761      28723      SH             SOLE             28723
SUNPOWER CORP                       COM CL B           867652307   281      14182      SH             SOLE             14182
SUNTECH PWR HLDGS CO LTD            NOTE    0.250% 2/1 86800CAC8   456     500000      SH             SOLE            500000
SUPERIOR WELL SVCS INC              COM                86837X105    91      17726      SH             SOLE             17726
SURMODICS INC                       COM                868873100   225      12306      SH             SOLE             12306
SUSQUEHANNA BANCSHARES INC P        COM                869099101   210      22531      SH             SOLE             22531
SWIFT ENERGY CO                     COM                870738101   157      21462      SH             SOLE             21462
SWISS HELVETIA FD INC               COM                870875101   187      21000      SH             SOLE             21000
SYBASE INC                          COM                871130100   456      15054      SH             SOLE             15054
SYNIVERSE HLDGS INC                 COM                87163F106   415      26357      SH             SOLE             26357
TAIWAN GREATER CHINA FD             SH BEN INT         874037104    66      17400      SH             SOLE             17400
TAKE-TWO INTERACTIVE SOFTWAR        COM                874054109   146      17557      SH             SOLE             17557
TAM SA                              SP ADR REP PFD     87484D103    84      15363      SH             SOLE             15363
TANZANIAN ROYALTY EXPL CORP         COM                87600U104    56      12589      SH             SOLE             12589
TATA MTRS LTD                       SPONSORED ADR      876568502    50      10090      SH             SOLE             10090
TAUBMAN CTRS INC                    COM                876664103   258      15127      SH             SOLE             15127
TCF FINL CORP                       COM                872275102   828      70438      SH             SOLE             70438
TD AMERITRADE HLDG CORP             COM                87236Y108   555      40182      SH             SOLE             40182
TECHNE CORP                         COM                878377100   418      7633       SH             SOLE              7633
TECO ENERGY INC                     COM                872375100   638      57262      SH             SOLE             57262
TELEFONOS DE MEXICO S A B           SPON ADR ORD L     879403780   169      11232      SH             SOLE             11232
TEREX CORP NEW                      COM                880779103   306      33014      SH             SOLE             33014
TEVA PHARMACEUTICAL INDS LTD        ADR                881624209   255      5652       SH             SOLE              5652
TEXAS ROADHOUSE INC                 CL A               882681109   279      29298      SH             SOLE             29298
THAI FD INC                         COM                882904105    57      10800      SH             SOLE             10800
THOMPSON CREEK METALS CO INC        COM                884768102   128      32204      SH             SOLE             32204
THORATEC CORP                       COM NEW            885175307   293      11400      SH             SOLE             11400
THQ INC                             COM NEW            872443403    86      28381      SH             SOLE             28381
TIVO INC                            COM                888706108   151      21388      SH             SOLE             21388
TORCHMARK CORP                      COM                891027104   1099     41882      SH             SOLE             41882
TOTAL SYS SVCS INC                  COM                891906109   142      10280      SH             SOLE             10280
TOWER GROUP INC                     COM                891777104   204      8286       SH             SOLE              8286
TOYOTA MOTOR CORP                   SP ADR REP2COM     892331307   264      4175       SH             SOLE              4175
TRADESTATION GROUP INC              COM                89267P105    70      10611      SH             SOLE             10611
TREDEGAR CORP                       COM                894650100   178      10875      SH             SOLE             10875
TREE COM INC                        COM                894675107    47      10258      SH             SOLE             10258
TREX INC                            COM                89531P105    91      11945      SH             SOLE             11945
TRIMBLE NAVIGATION LTD              COM                896239100   353      23085      SH             SOLE             23085
TRUSTCO BK CORP N Y                 COM                898349105   153      25422      SH             SOLE             25422
TYSON FOODS INC                     CL A               902494103   116      12320      SH             SOLE             12320
U S G CORP                          COM NEW            903293405    85      11200      SH             SOLE             11200
UNION PAC CORP                      COM                907818108   1931     46976      SH             SOLE             46976
UNISOURCE ENERGY CORP               COM                909205106   306      10865      SH             SOLE             10865
UNISYS CORP                         COM                909214108    15      28158      SH             SOLE             28158
UNITED STATES CELLULAR CORP         COM                911684108   463      13879      SH             SOLE             13879
UNIVERSAL CORP VA                   COM                913456109   322      10758      SH             SOLE             10758
VALEANT PHARMACEUTICALS INTL        COM                91911X104   308      17309      SH             SOLE             17309
VANDA PHARMACEUTICALS INC           COM                921659108    25      27421      SH             SOLE             27421
VARIAN INC                          COM                922206107   251      10562      SH             SOLE             10562
VECTOR GROUP LTD                    COM                92240M108   198      15250      SH             SOLE             15250
VEECO INSTRS INC DEL                COM                922417100    74      11100      SH             SOLE             11100
VERAZ NETWORKS INC                  COM                923359103    6       10700      SH             SOLE             10700
VERICHIP CORP                       COM                92342V105    7       15700      SH             SOLE             15700
VIGNETTE CORP                       COM NEW            926734401   128      19192      SH             SOLE             19192
VIROPHARMA INC                      COM                928241108   164      31200      SH             SOLE             31200
VISHAY INTERTECHNOLOGY INC          COM                928298108   169      48624      SH             SOLE             48624
VITAL IMAGES INC                    COM                92846N104   126      11152      SH             SOLE             11152
VIVUS INC                           COM                928551100    44      10113      SH             SOLE             10113
VORNADO RLTY TR                     SH BEN INT         929042109   332      10000      SH     CALL    SOLE             10000
W & T OFFSHORE INC                  COM                92922P106    73      11837      SH             SOLE             11837
WASHINGTON POST CO                  CL B               939640108   1518     4250       SH             SOLE              4250
WATERS CORP                         COM                941848103   277      7495       SH             SOLE              7495
WAUSAU PAPER CORP                   COM                943315101    60      11354      SH             SOLE             11354
WEBSENSE INC                        COM                947684106   173      14409      SH             SOLE             14409
WESTAMERICA BANCORPORATION          COM                957090103   235      5157       SH             SOLE              5157
WESTAR ENERGY INC                   COM                95709T100   318      18165      SH             SOLE             18165
WESTERN DIGITAL CORP                COM                958102105   1393     72051      SH             SOLE             72051
WET SEAL INC                        CL A               961840105   149      44474      SH             SOLE             44474
WHITNEY HLDG CORP                   COM                966612103   274      23928      SH             SOLE             23928
WISCONSIN ENERGY CORP               COM                976657106   242      5867       SH             SOLE              5867
WMS INDS INC                        COM                929297109   330      15777      SH             SOLE             15777
WONDER AUTO TECHNOLOGY INC          COM                978166106    38      10500      SH             SOLE             10500
WORTHINGTON INDS INC                COM                981811102   399      45849      SH             SOLE             45849
YRC WORLDWIDE INC                   COM                984249102    63      13976      SH             SOLE             13976
YUM BRANDS INC                      COM                988498101   509      18533      SH             SOLE             18533
ZHONGPIN INC                        COM                98952K107   149      16769      SH             SOLE             16769
ZORAN CORP                          COM                98975F101   133      15057      SH             SOLE             15057
ZYMOGENETICS INC                    COM                98985T109   129      32353      SH             SOLE             32353