Whitebox Advisors as of March 31, 2012
Portfolio Holdings for Whitebox Advisors
Whitebox Advisors holds 0 positions in its portfolio as reported in the March 2012 quarterly 13F filing
SHARES / VALUE Share Puts/
Name of Issuer Sec Type Cusip PRN AMT (x$1000) /Prn Calls Investment Other Sole Shared None
------------------ -------------- --------- -------- -------- ----- ----- ---------- ----- ------- ------ -------
{S} {C} {C} {C} {C} {C} {C} {C} {C} {C} {C} {C}
3M CO COM 88579Y101 11000 981 SH PUT SOLE 11000 0 0
3M CO COM 88579Y101 51800 4621 SH CALL SOLE 51800 0 0
ACETO CORP COM 004446100 123842 1175 SH SOLE 123842 0 0
ACTIVISION BLIZZARD IN COM 00507V109 246520 3160 SH SOLE 246520 0 0
ACXIOM CORP COM 005125109 39000 573 SH SOLE 39000 0 0
ADOBE SYS INC COM 00724F101 14900 511 SH CALL SOLE 14900 0 0
ADVANCED ENERGY INDS COM 007973100 128954 1692 SH SOLE 128954 0 0
ADVANCED MICRO DEVICES COM 007903107 14984 120 SH SOLE 14984 0 0
AEGEAN MARINE PETROLEU SHS Y0017S102 221198 1528 SH SOLE 221198 0 0
AERCAP HOLDINGS NV SHS N00985106 114227 1269 SH SOLE 114227 0 0
AGILENT TECHNOLOGIES I COM 00846U101 11900 530 SH SOLE 11900 0 0
AIR LEASE CORP CL A 00912X302 18000 433 SH SOLE 18000 0 0
AIR TRANSPORT SERVICES COM 00922R105 190300 1102 SH SOLE 190300 0 0
AKAMAI TECHNOLOGIES IN COM 00971T101 45000 1652 SH CALL SOLE 45000 0 0
AKAMAI TECHNOLOGIES IN COM 00971T101 52000 1908 SH PUT SOLE 52000 0 0
ALLEGIANT TRAVEL CO COM 01748X102 27412 1494 SH SOLE 27412 0 0
ALLIANCE DATA SYSTEMS NOTE 1.750% 8/ 018581AD0 95095000 154257 PRN SOLE N/A 0 0
ALLIANCE DATA SYSTEMS NOTE 4.750% 5/ 018581AC2 47408000 127980 PRN SOLE N/A 0 0
ALLIANCE ONE INTL INC NOTE 5.500% 7/ 018772AQ6 5205000 5182 PRN SOLE N/A 0 0
ALLIED NEVADA GOLD COR COM 019344100 12925 420 SH SOLE 12925 0 0
ALON USA ENERGY INC COM 020520102 142062 1286 SH SOLE 142062 0 0<br /><br />SHARES / VALUE Share Puts/
Name of Issuer Sec Type Cusip PRN AMT (x$1000) /Prn Calls Investment Other Sole Shared None
------------------ -------------- --------- -------- -------- ----- ----- ---------- ----- ------- ------ -------
{S} {C} {C} {C} {C} {C} {C} {C} {C} {C} {C} {C}
ALTRIA GROUP INC COM 02209S103 17600 543 SH SOLE 17600 0 0
ALTRIA GROUP INC COM 02209S103 50000 1544 SH CALL SOLE 50000 0 0
AMCON DISTRG CO COM NEW 02341Q205 13973 887 SH SOLE 13973 0 0
AMERICAN AXLE & MFG HL COM 024061103 337539 3953 SH SOLE 337539 0 0
AMERICAN CAP LTD COM 02503Y103 1281366 11122 SH SOLE 1281366 0 0
AMERICAN CAP MTG INVT COM 02504A104 60512 1317 SH SOLE 60512 0 0
AMERICAN EQTY INVT LIF COM 025676206 672829 8592 SH SOLE 672829 0 0
AMERICAN NATL INS CO COM 028591105 24586 1783 SH SOLE 24586 0 0
AMERICAN SOFTWARE INC CL A 029683109 263086 2256 SH SOLE 263086 0 0
AMERIGAS PARTNERS L P UNIT L P INT 030975106 6200 251 SH SOLE 6200 0 0
AMERIPRISE FINL INC COM 03076C106 9500 543 SH PUT SOLE 9500 0 0
AMERISTAR CASINOS INC COM 03070Q101 100880 1879 SH SOLE 100880 0 0
ANCESTRY COM INC COM 032803108 400956 9118 SH SOLE 400956 0 0
ANNALY CAP MGMT INC COM 035710409 102100 1615 SH CALL SOLE 102100 0 0
ANNALY CAP MGMT INC NOTE 4.00% 2/ 035710AA0 92737300 107661 PRN SOLE N/A 0 0
APACHE CORP COM 037411105 11000 1105 SH CALL SOLE 11000 0 0
APACHE CORP COM 037411105 11000 1105 SH PUT SOLE 11000 0 0
APOLLO GROUP INC CL A 037604105 26400 1020 SH CALL SOLE 26400 0 0
APOLLO GROUP INC CL A 037604105 26400 1020 SH PUT SOLE 26400 0 0
APOLLO INVT CORP COM 03761U106 75500 541 SH SOLE 75500 0 0
APOLLO RESIDENTIAL MTG COM 03763V102 304687 5600 SH SOLE 304687 0 0
APPLE INC COM 037833100 118500 71047 SH CALL SOLE 118500 0 0
APPLE INC COM 037833100 15000 8993 SH PUT SOLE 15000 0 0
APPLE INC COM 037833100 15438 9256 SH SOLE 15438 0 0
APPLIED MATLS INC COM 038222105 198600 2473 SH PUT SOLE 198600 0 0
APPLIED MATLS INC COM 038222105 200577 2496 SH SOLE 200577 0 0
APPLIED MATLS INC COM 038222105 461600 5747 SH CALL SOLE 461600 0 0
ARKANSAS BEST CORP DEL COM 040790107 18945 356 SH SOLE 18945 0 0<br /><br />SHARES / VALUE Share Puts/
Name of Issuer Sec Type Cusip PRN AMT (x$1000) /Prn Calls Investment Other Sole Shared None
------------------ -------------- --------- -------- -------- ----- ----- ---------- ----- ------- ------ -------
{S} {C} {C} {C} {C} {C} {C} {C} {C} {C} {C} {C}
ARUBA NETWORKS INC COM 043176106 10500 234 SH SOLE 10500 0 0
ASM INTL N V NY REGISTER SH N07045102 248659 7174 SH SOLE 248659 0 0
ASSISTED LIVING CONCPT CL A NEW 04544X300 27517 457 SH SOLE 27517 0 0
ATP OIL & GAS CORP COM 00208J108 41400 304 SH PUT SOLE 41400 0 0
ATP OIL & GAS CORP COM 00208J108 62771 461 SH SOLE 62771 0 0
AUTOBYTEL INC COM 05275N106 767921 745 SH SOLE 767921 0 0
AUTOLIV INC COM 052800109 9400 630 SH SOLE 9400 0 0
AV HOMES INC COM 00234P102 82057 999 SH SOLE 82057 0 0
AVATAR HLDGS INC NOTE 7.500% 2/ 053494AG5 12050000 11809 PRN SOLE N/A 0 0
AVIS BUDGET GROUP COM 053774105 81275 1150 SH SOLE 81275 0 0
AXIS CAPITAL HOLDINGS SHS G0692U109 12900 428 SH SOLE 12900 0 0
BALLANTYNE STRONG INC COM 058516105 152696 812 SH SOLE 152696 0 0
BANCORPSOUTH INC COM 059692103 32000 431 SH SOLE 32000 0 0
BANK OF AMERICA CORPOR COM 060505104 200000 1914 SH PUT SOLE 200000 0 0
BANK OF AMERICA CORPOR COM 060505104 32201 308 SH SOLE 32201 0 0
BANK OF AMERICA CORPOR COM 060505104 5988200 57307 SH CALL SOLE 5988200 0 0
BENIHANA INC COM 082047101 47105 615 SH SOLE 47105 0 0
BEST BUY INC COM 086516101 335000 7933 SH PUT SOLE 335000 0 0
BEST BUY INC COM 086516101 400000 9472 SH CALL SOLE 400000 0 0
BEST BUY INC COM 086516101 82054 1943 SH SOLE 82054 0 0
BIOMARIN PHARMACEUTICA COM 09061G101 7000 240 SH SOLE 7000 0 0
BIOSCRIP INC COM 09069N108 177536 1205 SH SOLE 177536 0 0
BLACKROCK INC COM 09247X101 105000 21514 SH PUT SOLE 105000 0 0
BLACKROCK INC COM 09247X101 40000 8196 SH CALL SOLE 40000 0 0
BOEING CO COM 097023105 4086 304 SH SOLE 4086 0 0
BOFI HLDG INC COM 05566U108 78009 1332 SH SOLE 78009 0 0
BON-TON STORES INC COM 09776J101 69200 640 SH SOLE 69200 0 0<br /><br />SHARES / VALUE Share Puts/
Name of Issuer Sec Type Cusip PRN AMT (x$1000) /Prn Calls Investment Other Sole Shared None
------------------ -------------- --------- -------- -------- ----- ----- ---------- ----- ------- ------ -------
{S} {C} {C} {C} {C} {C} {C} {C} {C} {C} {C} {C}
BORGWARNER INC NOTE 3.500% 4/ 099724AF3 39783000 102237 PRN SOLE N/A 0 0
BOYD GAMING CORP COM 103304101 11093 87 SH SOLE 11093 0 0
BP PLC SPONSORED ADR 055622104 81300 3658 SH PUT SOLE 81300 0 0
BPZ RESOURCES INC COM 055639108 80000 322 SH SOLE 80000 0 0
BREITBURN ENERGY PARTN COM UT LTD PTN 106776107 54419 1040 SH SOLE 54419 0 0
BROADSOFT INC COM 11133B409 22818 873 SH SOLE 22818 0 0
BROOKFIELD OFFICE PPTY COM 112900105 10020 175 SH SOLE 10020 0 0
BUILDERS FIRSTSOURCE I COM 12008R107 42000 178 SH SOLE 42000 0 0
C H ROBINSON WORLDWIDE COM NEW 12541W209 8100 530 SH SOLE 8100 0 0
C^J ENERGY SVCS INC COM 12467B304 15311 272 SH SOLE 15311 0 0
CA INC COM 12673P105 42000 1158 SH CALL SOLE 42000 0 0
CA INC COM 12673P105 44000 1213 SH PUT SOLE 44000 0 0
CABOT CORP COM 127055101 12700 542 SH SOLE 12700 0 0
CADENCE DESIGN SYSTEM COM 127387108 15589 185 SH SOLE 15589 0 0
CALUMET SPECIALTY PROD UT LTD PARTNER 131476103 42928 1134 SH SOLE 42928 0 0
CARMIKE CINEMAS INC COM 143436400 356491 4973 SH SOLE 356491 0 0
CARNIVAL CORP PAIRED CTF 143658300 260100 8344 SH CALL SOLE 260100 0 0
CARNIVAL CORP PAIRED CTF 143658300 78800 2528 SH PUT SOLE 78800 0 0
CASH AMER INTL INC COM 14754D100 39617 1899 SH SOLE 39617 0 0
CATERPILLAR INC DEL COM 149123101 11200 1193 SH SOLE 11200 0 0
CBOE HLDGS INC COM 12503M108 9097 259 SH SOLE 9097 0 0
CENOVUS ENERGY INC COM 15135U109 10956 394 SH SOLE 10956 0 0
CENTENE CORP DEL COM 15135B101 4707 231 SH SOLE 4707 0 0
CENTRAL GARDEN & PET C COM 153527106 62451 588 SH SOLE 62451 0 0
CHIQUITA BRANDS INTL I COM 170032809 102900 904 SH SOLE 102900 0 0
CISCO SYS INC COM 17275R102 27211 576 SH SOLE 27211 0 0
CISCO SYS INC COM 17275R102 735000 15545 SH CALL SOLE 735000 0 0
CITIGROUP INC COM NEW 172967424 100000 3655 SH PUT SOLE 100000 0 0<br /><br />SHARES / VALUE Share Puts/
Name of Issuer Sec Type Cusip PRN AMT (x$1000) /Prn Calls Investment Other Sole Shared None
------------------ -------------- --------- -------- -------- ----- ----- ---------- ----- ------- ------ -------
{S} {C} {C} {C} {C} {C} {C} {C} {C} {C} {C} {C}
CITIGROUP INC COM NEW 172967424 434000 15863 SH CALL SOLE 434000 0 0
CITIZENS REPUBLIC BANC COM NEW 174420307 368364 5750 SH SOLE 368364 0 0
CLEAN HARBORS INC COM 184496107 3022 203 SH SOLE 3022 0 0
CLOROX CO DEL COM 189054109 4098 282 SH SOLE 4098 0 0
CLOROX CO DEL COM 189054109 86400 5940 SH CALL SOLE 86400 0 0
CMS ENERGY CORP NOTE 5.500% 6/ 125896BD1 2113000 3374 PRN SOLE N/A 0 0
COLGATE PALMOLIVE CO COM 194162103 4000 391 SH SOLE 4000 0 0
COLLECTIVE BRANDS INC COM 19421W100 51798 1018 SH SOLE 51798 0 0
COMMUNITY HEALTH SYS I COM 203668108 134801 2998 SH SOLE 134801 0 0
COMPUCREDIT HLDGS CORP NOTE 5.875%11/ 20478NAD2 11088000 4796 PRN SOLE N/A 0 0
CONOCOPHILLIPS COM 20825C104 11732 892 SH SOLE 11732 0 0
CONSOLIDATED WATER CO ORD G23773107 62018 491 SH SOLE 62018 0 0
CORINTHIAN COLLEGES IN COM 218868107 657908 2724 SH SOLE 657908 0 0
CORNING INC COM 219350105 200000 2816 SH CALL SOLE 200000 0 0
CORNING INC COM 219350105 76429 1076 SH SOLE 76429 0 0
COSTCO WHSL CORP NEW COM 22160K105 5000 454 SH SOLE 5000 0 0
COURIER CORP COM 222660102 46169 536 SH SOLE 46169 0 0
CRAWFORD & CO CL A 224633206 268360 1047 SH SOLE 268360 0 0
CRUMBS BAKE SHOP INC *W EXP 05/19/2 228803110 52340 10 SH SOLE 52340 0 0
DDI CORP COM 0 01 NEW 233162502 60647 740 SH SOLE 60647 0 0
DEAN FOODS CO NEW COM 242370104 87700 1062 SH CALL SOLE 87700 0 0
DELL INC COM 24702R101 155000 2572 SH CALL SOLE 155000 0 0
DELL INC COM 24702R101 30591 508 SH SOLE 30591 0 0
DELL INC COM 24702R101 50000 830 SH PUT SOLE 50000 0 0
DELUXE CORP COM 248019101 47400 1110 SH SOLE 47400 0 0
DENNYS CORP COM 24869P104 530549 2143 SH SOLE 530549 0 0
DEX ONE CORP COM 25212W100 276138 392 SH SOLE 276138 0 0<br /><br />SHARES / VALUE Share Puts/
Name of Issuer Sec Type Cusip PRN AMT (x$1000) /Prn Calls Investment Other Sole Shared None
------------------ -------------- --------- -------- -------- ----- ----- ---------- ----- ------- ------ -------
{S} {C} {C} {C} {C} {C} {C} {C} {C} {C} {C} {C}
DISNEY WALT CO COM DISNEY 254687106 12600 552 SH SOLE 12600 0 0
DOLE FOOD CO INC NEW COM 256603101 443355 4425 SH SOLE 443355 0 0
DOMINOS PIZZA INC COM 25754A201 46015 1670 SH SOLE 46015 0 0
DORMAN PRODUCTS INC COM 258278100 15104 764 SH SOLE 15104 0 0
DR PEPPER SNAPPLE GROU COM 26138E109 10000 402 SH CALL SOLE 10000 0 0
EAGLE MATERIALS INC COM 26969P108 5964 207 SH SOLE 5964 0 0
EAGLE ROCK ENERGY PART UNIT 26985R104 68494 677 SH SOLE 68494 0 0
EBAY INC COM 278642103 44500 1642 SH CALL SOLE 44500 0 0
ECOTALITY INC COM NEW 27922Y202 66699 65 SH SOLE 66699 0 0
EINSTEIN NOAH REST GRO COM 28257U104 31320 467 SH SOLE 31320 0 0
ELECTRONIC ARTS INC COM 285512109 25317 417 SH SOLE 25317 0 0
ELLINGTON FINANCIAL LL COM 288522303 27150 531 SH SOLE 27150 0 0
ELLIS PERRY INTL INC COM 288853104 132656 2477 SH SOLE 132656 0 0
ENBRIDGE INC COM 29250N105 6516 253 SH SOLE 6516 0 0
ENCORE CAP GROUP INC COM 292554102 339095 7647 SH SOLE 339095 0 0
ENDEAVOUR SILVER CORP COM 29258Y103 15189 144 SH SOLE 15189 0 0
ENERGY RECOVERY INC COM 29270J100 28956 67 SH SOLE 28956 0 0
ENERNOC INC COM 292764107 28000 202 SH SOLE 28000 0 0
ENTERCOM COMMUNICATION CL A 293639100 113356 736 SH SOLE 113356 0 0
ENTEROMEDICS INC COM NEW 29365M208 2516871 5688 SH SOLE 2516871 0 0
ENTERPRISE PRODS PARTN COM 293792107 6846 346 SH SOLE 6846 0 0
ETFS PLATINUM TR SH BEN INT 26922V101 6450 1043 SH SOLE 6450 0 0
EXCEL MARITIME CARRIER COM V3267N107 110000 220 SH SOLE 110000 0 0
EXXON MOBIL CORP COM 30231G102 140000 12142 SH CALL SOLE 140000 0 0
EXXON MOBIL CORP COM 30231G102 17230 1494 SH SOLE 17230 0 0
EXXON MOBIL CORP COM 30231G102 70000 6071 SH PUT SOLE 70000 0 0
EZCORP INC CL A NON VTG 302301106 334209 10847 SH SOLE 334209 0 0
FAMOUS DAVES AMER INC COM 307068106 359489 4170 SH SOLE 359489 0 0<br /><br />SHARES / VALUE Share Puts/
Name of Issuer Sec Type Cusip PRN AMT (x$1000) /Prn Calls Investment Other Sole Shared None
------------------ -------------- --------- -------- -------- ----- ----- ---------- ----- ------- ------ -------
{S} {C} {C} {C} {C} {C} {C} {C} {C} {C} {C} {C}
FEDERAL AGRIC MTG CORP CL C 313148306 25384 576 SH SOLE 25384 0 0
FEI CO COM 30241L109 30862 1516 SH SOLE 30862 0 0
FERRO CORP COM 315405100 99700 592 SH SOLE 99700 0 0
FINISH LINE INC CL A 317923100 171219 3633 SH SOLE 171219 0 0
FIRST CASH FINL SVCS I COM 31942D107 22826 979 SH SOLE 22826 0 0
FIRST MERCHANTS CORP COM 320817109 80420 992 SH SOLE 80420 0 0
FIRST SOLAR INC COM 336433107 20000 501 SH CALL SOLE 20000 0 0
FLOTEK INDS INC DEL COM 343389102 15193 183 SH SOLE 15193 0 0
FORD MTR CO DEL *W EXP 01/01/2 345370134 649414 2253 SH SOLE 649414 0 0
FTI CONSULTING INC NOTE 3.750% 7/ 302941AB5 47539000 57072 PRN SOLE N/A 0 0
GAP INC DEL COM 364760108 20519 536 SH SOLE 20519 0 0
GENERAL CABLE CORP DEL FRNT 4.500%11/ 369300AL2 38501000 40434 PRN SOLE N/A 0 0
GENERAL MTRS CO *W EXP 07/10/2 37045V118 3145301 52464 SH SOLE 3145301 0 0
GENERAL MTRS CO *W EXP 07/10/2 37045V126 190767 2129 SH SOLE 190767 0 0
GIBRALTAR INDS INC COM 374689107 169097 2562 SH SOLE 169097 0 0
GLADSTONE COML CORP COM 376536108 20479 352 SH SOLE 20479 0 0
GLOBAL GEOPHYSICAL SVC COM 37946S107 97658 1036 SH SOLE 97658 0 0
GLOBALSTAR INC COM 378973408 190758 134 SH SOLE 190758 0 0
GLOBALSTAR INC NOTE 5.750% 4/ 378973AA9 26351000 13966 PRN SOLE N/A 0 0
GMX RES INC COM 38011M108 478865 608 SH SOLE 478865 0 0
GMX RES INC NOTE 4.500% 5/ 38011MAJ7 4950000 2128 PRN SOLE N/A 0 0
GOLDEN STAR RES LTD CD COM 38119T104 694800 1292 SH SOLE 694800 0 0
GOLDMAN SACHS GROUP IN COM 38141G104 154100 19165 SH CALL SOLE 154100 0 0
GOLDMAN SACHS GROUP IN COM 38141G104 5218 649 SH SOLE 5218 0 0
GOLDMAN SACHS GROUP IN COM 38141G104 56100 6977 SH PUT SOLE 56100 0 0
GOOGLE INC CL A 38259P508 10000 6412 SH CALL SOLE 10000 0 0
GOOGLE INC CL A 38259P508 1669 1070 SH SOLE 1669 0 0<br /><br />SHARES / VALUE Share Puts/
Name of Issuer Sec Type Cusip PRN AMT (x$1000) /Prn Calls Investment Other Sole Shared None
------------------ -------------- --------- -------- -------- ----- ----- ---------- ----- ------- ------ -------
{S} {C} {C} {C} {C} {C} {C} {C} {C} {C} {C} {C}
GRAN TIERRA ENERGY INC COM 38500T101 980918 6170 SH SOLE 980918 0 0
GREAT LAKES DREDGE & D COM 390607109 82312 594 SH SOLE 82312 0 0
GROUPON INC COM CL A 399473107 24694 454 SH SOLE 24694 0 0
GT ADVANCED TECHNOLOGI COM 36191U106 608179 5030 SH SOLE 608179 0 0
GULF RESOURCES INC COM PAR $0 0 40251W309 106380 250 SH SOLE 106380 0 0
HALLMARK FINL SVCS INC COM NEW 40624Q203 47124 372 SH SOLE 47124 0 0
HARDINGE INC COM 412324303 61962 586 SH SOLE 61962 0 0
HARSCO CORP COM 415864107 12700 298 SH SOLE 12700 0 0
HAWAIIAN HOLDINGS INC COM 419879101 2174343 11372 SH SOLE 2174343 0 0
HAWAIIAN HOLDINGS INC NOTE 5.00% 3/ 419879AD3 10950000 10813 PRN SOLE N/A 0 0
HAWAIIAN TELCOM HOLDCO COM 420031106 58100 1002 SH SOLE 58100 0 0
HELIX ENERGY SOLUTIONS COM 42330P107 15000 267 SH SOLE 15000 0 0
HERCULES OFFSHORE INC COM 427093109 100800 477 SH SOLE 100800 0 0
HERTZ GLOBAL HOLDINGS NOTE 5.250% 6/ 42805TAA3 36281000 69980 PRN SOLE N/A 0 0
HIBBETT SPORTS INC COM 428567101 29724 1621 SH SOLE 29724 0 0
HOME DEPOT INC COM 437076102 40000 2012 SH PUT SOLE 40000 0 0
HUTCHINSON TECHNOLOGY NOTE 8.500% 1/ 448407AG1 5948000 4193 PRN SOLE N/A 0 0
ICF INTL INC COM 44925C103 77680 1971 SH SOLE 77680 0 0
ICONIX BRAND GROUP INC COM 451055107 73597 1279 SH SOLE 73597 0 0
IDEXX LABS INC COM 45168D104 2505 219 SH SOLE 2505 0 0
INGLES MKTS INC CL A 457030104 49671 876 SH SOLE 49671 0 0
INNERWORKINGS INC COM 45773Y105 72355 843 SH SOLE 72355 0 0
INNOSPEC INC COM 45768S105 31727 964 SH SOLE 31727 0 0
INSIGHT ENTERPRISES IN COM 45765U103 55209 1211 SH SOLE 55209 0 0
INTEL CORP COM 458140100 126949 3569 SH SOLE 126949 0 0
INTEL CORP COM 458140100 19600 551 SH CALL SOLE 19600 0 0
INTERACTIVE BROKERS GR COM 45841N107 190180 3233 SH SOLE 190180 0 0
INVESCO MORTGAGE CAPIT COM 46131B100 210649 3718 SH SOLE 210649 0 0<br /><br />SHARES / VALUE Share Puts/
Name of Issuer Sec Type Cusip PRN AMT (x$1000) /Prn Calls Investment Other Sole Shared None
------------------ -------------- --------- -------- -------- ----- ----- ---------- ----- ------- ------ -------
{S} {C} {C} {C} {C} {C} {C} {C} {C} {C} {C} {C}
INVESCO VAN KAMPEN SR COM 46131H107 21400 105 SH SOLE 21400 0 0
IPG PHOTONICS CORP COM 44980X109 6460 336 SH SOLE 6460 0 0
IRIS INTL INC COM 46270W105 61941 837 SH SOLE 61941 0 0
ISHARES TR DJ US TECH SEC 464287721 274376 21349 SH SOLE 274376 0 0
ISHARES TR NASDQ BIO INDX 464287556 109182 13462 SH SOLE 109182 0 0
ISLE OF CAPRI CASINOS COM 464592104 112294 793 SH SOLE 112294 0 0
IVANHOE MINES LTD COM 46579N103 36652 577 SH SOLE 36652 0 0
JETBLUE AIRWAYS CORP DBCV 5.500%10/ 477143AD3 18518000 23023 PRN SOLE N/A 0 0
JETBLUE AIRWAYS CORP DBCV 5.500%10/ 477143AE1 43137000 56219 PRN SOLE N/A 0 0
JETBLUE AIRWAYS CORP DBCV 6.750%10/ 477143AF8 6832000 8347 PRN SOLE N/A 0 0
JETBLUE AIRWAYS CORP DBCV 6.750%10/ 477143AG6 12826000 16343 PRN SOLE N/A 0 0
JOES JEANS INC COM 47777N101 583368 712 SH SOLE 583368 0 0
JOHNSON CTLS INC COM 478366107 38500 1250 SH CALL SOLE 38500 0 0
JOHNSON CTLS INC COM 478366107 38500 1250 SH PUT SOLE 38500 0 0
JPMORGAN CHASE & CO COM 46625H100 50000 2299 SH PUT SOLE 50000 0 0
JUNIPER NETWORKS INC COM 48203R104 13000 297 SH PUT SOLE 13000 0 0
K V PHARMACEUTICAL CO NOTE 2.500% 5/ 482740AC1 26602000 6650 PRN SOLE N/A 0 0
KANSAS CITY LIFE INS C COM 484836101 25264 814 SH SOLE 25264 0 0
KELLY SVCS INC CL A 488152208 62818 1004 SH SOLE 62818 0 0
KEYNOTE SYS INC COM 493308100 34532 682 SH SOLE 34532 0 0
KINROSS GOLD CORP COM NO PAR 496902404 20598 202 SH SOLE 20598 0 0
KOHLS CORP COM 500255104 10500 525 SH SOLE 10500 0 0
LA Z BOY INC COM 505336107 49700 744 SH SOLE 49700 0 0
LAS VEGAS SANDS CORP COM 517834107 4412 254 SH SOLE 4412 0 0
LECROY CORP COM 52324W109 92050 956 SH SOLE 92050 0 0
LENNAR CORP CL A 526057104 21444 583 SH SOLE 21444 0 0
LEUCADIA NATL CORP COM 527288104 33000 861 SH CALL SOLE 33000 0 0<br /><br />SHARES / VALUE Share Puts/
Name of Issuer Sec Type Cusip PRN AMT (x$1000) /Prn Calls Investment Other Sole Shared None
------------------ -------------- --------- -------- -------- ----- ----- ---------- ----- ------- ------ -------
{S} {C} {C} {C} {C} {C} {C} {C} {C} {C} {C} {C}
LEUCADIA NATL CORP COM 527288104 33000 861 SH PUT SOLE 33000 0 0
LEVEL 3 COMMUNICATIONS COM NEW 52729N308 83000 2136 SH CALL SOLE 83000 0 0
LIFETIME BRANDS INC COM 53222Q103 60774 683 SH SOLE 60774 0 0
LIN TV CORP CL A 532774106 243321 985 SH SOLE 243321 0 0
LINCOLN NATL CORP IND COM 534187109 123600 3258 SH SOLE 123600 0 0
LINEAR TECHNOLOGY CORP COM 535678106 264200 8904 SH CALL SOLE 264200 0 0
LINEAR TECHNOLOGY CORP COM 535678106 33000 1112 SH PUT SOLE 33000 0 0
LINKEDIN CORP COM CL A 53578A108 12118 1236 SH SOLE 12118 0 0
LIONS GATE ENTMNT CORP FRNT 3.125% 3/ 535919AG9 7091000 7269 PRN SOLE N/A 0 0
LITHIA MTRS INC CL A 536797103 13775 361 SH SOLE 13775 0 0
LODGENET INTERACTIVE C COM 540211109 620734 2173 SH SOLE 620734 0 0
LOWES COS INC COM 548661107 48790 1531 SH SOLE 48790 0 0
LOWES COS INC COM 548661107 53100 1666 SH PUT SOLE 53100 0 0
LSB INDS INC COM 502160104 20442 796 SH SOLE 20442 0 0
M D C HLDGS INC COM 552676108 55740 1438 SH SOLE 55740 0 0
M/I HOMES INC COM 55305B101 141043 1743 SH SOLE 141043 0 0
MACERICH CO COM 554382101 4850 280 SH SOLE 4850 0 0
MAIDEN HOLDINGS LTD SHS G5753U112 233874 2105 SH SOLE 233874 0 0
MAIDENFORM BRANDS INC COM 560305104 62563 1408 SH SOLE 62563 0 0
MAINSOURCE FINANCIAL G COM 56062Y102 98831 1191 SH SOLE 98831 0 0
MARKEL CORP COM 570535104 1200 539 SH SOLE 1200 0 0
MARKET VECTORS ETF TR GOLD MINER ETF 57060U100 65733 3256 SH SOLE 65733 0 0
MARSH & MCLENNAN COS I COM 571748102 13449 441 SH SOLE 13449 0 0
MASTEC INC COM 576323109 65749 1189 SH SOLE 65749 0 0
MATERION CORP COM 576690101 17341 498 SH SOLE 17341 0 0
MBIA INC COM 55262C100 218897 2145 SH SOLE 218897 0 0
MCDONALDS CORP COM 580135101 7408 727 SH SOLE 7408 0 0
MCG CAPITAL CORP COM 58047P107 370726 1579 SH SOLE 370726 0 0<br /><br />SHARES / VALUE Share Puts/
Name of Issuer Sec Type Cusip PRN AMT (x$1000) /Prn Calls Investment Other Sole Shared None
------------------ -------------- --------- -------- -------- ----- ----- ---------- ----- ------- ------ -------
{S} {C} {C} {C} {C} {C} {C} {C} {C} {C} {C} {C}
MCMORAN EXPLORATION CO NOTE 5.250%10/ 582411AL8 16024000 16335 PRN SOLE N/A 0 0
MEDTOX SCIENTIFIC INC COM NEW 584977201 41779 704 SH SOLE 41779 0 0
MEDTRONIC INC COM 585055106 409000 16029 SH CALL SOLE 409000 0 0
MELLANOX TECHNOLOGIES SHS M51363113 24036 1005 SH SOLE 24036 0 0
METALS USA HLDGS CORP COM 59132A104 144100 2076 SH SOLE 144100 0 0
METLIFE INC COM 59156R108 15407 575 SH SOLE 15407 0 0
MICROCHIP TECHNOLOGY I SDCV 2.125%12/ 595017AB0 48340000 66605 PRN SOLE N/A 0 0
MICRON TECHNOLOGY INC COM 595112103 150000 1214 SH CALL SOLE 150000 0 0
MICROSOFT CORP COM 594918104 1063200 34294 SH CALL SOLE 1063200 0 0
MICROSOFT CORP COM 594918104 50000 1613 SH PUT SOLE 50000 0 0
MICROSOFT CORP COM 594918104 64970 2096 SH SOLE 64970 0 0
MIDDLEBY CORP COM 596278101 4437 449 SH SOLE 4437 0 0
MILLER ENERGY RES INC COM 600527105 272150 1148 SH SOLE 272150 0 0
MILLER INDS INC TENN COM NEW 600551204 43152 730 SH SOLE 43152 0 0
MINERALS TECHNOLOGIES COM 603158106 4338 284 SH SOLE 4338 0 0
MONRO MUFFLER BRAKE IN COM 610236101 16985 705 SH SOLE 16985 0 0
MONSTER WORLDWIDE INC COM 611742107 52600 513 SH SOLE 52600 0 0
MORGAN STANLEY COM NEW 617446448 152600 2997 SH PUT SOLE 152600 0 0
MOTORCAR PTS AMER INC COM 620071100 57808 556 SH SOLE 57808 0 0
MTS SYS CORP COM 553777103 7700 409 SH SOLE 7700 0 0
MYLAN INC NOTE 3.750% 9/ 628530AJ6 36012000 67434 PRN SOLE N/A 0 0
NACCO INDS INC CL A 629579103 18769 2184 SH SOLE 18769 0 0
NATIONAL BANKSHARES IN COM 634865109 13200 397 SH SOLE 13200 0 0
NATIONAL FINL PARTNERS COM 63607P208 181892 2754 SH SOLE 181892 0 0
NATIONAL OILWELL VARCO COM 637071101 2964 236 SH SOLE 2964 0 0
NATIONAL OILWELL VARCO COM 637071101 51200 4069 SH PUT SOLE 51200 0 0
NATIONAL WESTN LIFE IN CL A 638522102 37308 5106 SH SOLE 37308 0 0<br /><br />SHARES / VALUE Share Puts/
Name of Issuer Sec Type Cusip PRN AMT (x$1000) /Prn Calls Investment Other Sole Shared None
------------------ -------------- --------- -------- -------- ----- ----- ---------- ----- ------- ------ -------
{S} {C} {C} {C} {C} {C} {C} {C} {C} {C} {C} {C}
NAVIOS MARITIME ACQUIS SHS Y62159101 291643 951 SH SOLE 291643 0 0
NAVIOS MARITIME HOLDIN COM Y62196103 178570 750 SH SOLE 178570 0 0
NELNET INC CL A 64031N108 41009 1063 SH SOLE 41009 0 0
NETFLIX INC COM 64110L106 2097 241 SH SOLE 2097 0 0
NETSUITE INC COM 64118Q107 4113 207 SH SOLE 4113 0 0
NEUROGESX INC COM 641252101 48000 24 SH SOLE 48000 0 0
NEUSTAR INC CL A 64126X201 15082 562 SH SOLE 15082 0 0
NICHOLAS FINANCIAL INC COM NEW 65373J209 59861 790 SH SOLE 59861 0 0
NORTHERN OIL & GAS INC COM 665531109 23800 494 SH SOLE 23800 0 0
NTELOS HLDGS CORP COM NEW 67020Q305 24240 502 SH SOLE 24240 0 0
NUVEEN FLOATING RATE I COM 67072T108 13059 156 SH SOLE 13059 0 0
NVIDIA CORP COM 67066G104 31550 486 SH SOLE 31550 0 0
OCEANEERING INTL INC COM 675232102 7537 406 SH SOLE 7537 0 0
OCWEN FINL CORP COM NEW 675746309 256668 4012 SH SOLE 256668 0 0
OFFICE DEPOT INC COM 676220106 160415 553 SH SOLE 160415 0 0
OIL STS INTL INC NOTE 2.375% 7/ 678026AB1 33425000 82096 PRN SOLE N/A 0 0
OLYMPIC STEEL INC COM 68162K106 42574 1022 SH SOLE 42574 0 0
OMNICARE INC NOTE 3.750%12/ 681904AN8 66088000 65871 PRN SOLE N/A 0 0
ONE LIBERTY PPTYS INC COM 682406103 135628 2482 SH SOLE 135628 0 0
ORACLE CORP COM 68389X105 33000 962 SH PUT SOLE 33000 0 0
ORACLE CORP COM 68389X105 40900 1193 SH CALL SOLE 40900 0 0
OREXIGEN THERAPEUTICS COM 686164104 60000 246 SH SOLE 60000 0 0
P C CONNECTION COM 69318J100 56285 463 SH SOLE 56285 0 0
P F CHANGS CHINA BISTR COM 69333Y108 13200 522 SH SOLE 13200 0 0
PACER INTL INC TENN COM 69373H106 75875 480 SH SOLE 75875 0 0
PAN AMERICAN SILVER CO COM 697900108 12590 278 SH SOLE 12590 0 0
PANDORA MEDIA INC COM 698354107 16822 172 SH SOLE 16822 0 0
PANTRY INC COM 698657103 59291 771 SH SOLE 59291 0 0<br /><br />SHARES / VALUE Share Puts/
Name of Issuer Sec Type Cusip PRN AMT (x$1000) /Prn Calls Investment Other Sole Shared None
------------------ -------------- --------- -------- -------- ----- ----- ---------- ----- ------- ------ -------
{S} {C} {C} {C} {C} {C} {C} {C} {C} {C} {C} {C}
PAREXEL INTL CORP COM 699462107 18900 510 SH SOLE 18900 0 0
PARK OHIO HLDGS CORP COM 700666100 35568 713 SH SOLE 35568 0 0
PARKER DRILLING CO COM 701081101 73700 440 SH SOLE 73700 0 0
PDL BIOPHARMA INC NOTE 2.875% 2/ 69329YAE4 17086000 19010 PRN SOLE N/A 0 0
PDL BIOPHARMA INC NOTE 3.750% 5/ 69329YAC8 14901000 15556 PRN SOLE N/A 0 0
PEABODY ENERGY CORP COM 704549104 17892 518 SH SOLE 17892 0 0
PENNSYLVANIA RL ESTATE SH BEN INT 709102107 216700 3309 SH SOLE 216700 0 0
PENSKE AUTOMOTIVE GRP COM 70959W103 50670 1248 SH SOLE 50670 0 0
PENTAIR INC COM 709631105 11400 543 SH SOLE 11400 0 0
PEP BOYS MANNY MOE & J COM 713278109 161015 2402 SH SOLE 161015 0 0
PETROLEUM DEV CORP COM 716578109 9972 370 SH SOLE 9972 0 0
PHH CORP COM NEW 693320202 180771 2797 SH SOLE 180771 0 0
PHH CORP NOTE 4.00% 9/ 693320AN3 5683000 5461 PRN SOLE N/A 0 0
PHH CORP NOTE 6.00% 6/ 693320AQ6 11135000 16412 PRN SOLE N/A 0 0
PHOENIX COS INC NEW COM 71902E109 224268 549 SH SOLE 224268 0 0
PIONEER NAT RES CO COM 723787107 9428 1052 SH SOLE 9428 0 0
PIONEER SOUTHWST ENRG UNIT LP INT 72388B106 24224 647 SH SOLE 24224 0 0
POLYONE CORP COM 73179P106 34000 490 SH SOLE 34000 0 0
PRICELINE COM INC COM NEW 741503403 18500 13274 SH CALL SOLE 18500 0 0
PRICELINE COM INC COM NEW 741503403 6000 4305 SH PUT SOLE 6000 0 0
PROMOTORA DE INFORMACI ADR CL A SHS 74343G204 2918507 2481 SH SOLE 2918507 0 0
PROMOTORA DE INFORMACI ADR CL B CONV 74343G303 3908378 17001 SH SOLE 3908378 0 0
PULSE ELECTRONICS CORP NOTE 7.00% 12/ 74586WAA4 12615000 10470 PRN SOLE N/A 0 0
QLOGIC CORP COM 747277101 233640 4149 SH SOLE 233640 0 0
QUALCOMM INC COM 747525103 57500 3913 SH CALL SOLE 57500 0 0
QUALCOMM INC COM 747525103 57500 3913 SH PUT SOLE 57500 0 0
RADIAN GROUP INC COM 750236101 35000 152 SH SOLE 35000 0 0<br /><br />SHARES / VALUE Share Puts/
Name of Issuer Sec Type Cusip PRN AMT (x$1000) /Prn Calls Investment Other Sole Shared None
------------------ -------------- --------- -------- -------- ----- ----- ---------- ----- ------- ------ -------
{S} {C} {C} {C} {C} {C} {C} {C} {C} {C} {C} {C}
RADNET INC COM 750491102 343184 1091 SH SOLE 343184 0 0
RAMBUS INC DEL NOTE 5.00% 6/ 750917AC0 2000000 2000 PRN SOLE N/A 0 0
RED HAT INC COM 756577102 8900 533 SH SOLE 8900 0 0
RENT A CTR INC NEW COM 76009N100 13700 517 SH SOLE 13700 0 0
RENTECH INC NOTE 4.00% 4/ 760112AA0 15655000 15538 PRN SOLE N/A 0 0
REPUBLIC AWYS HLDGS IN COM 760276105 674943 3334 SH SOLE 674943 0 0
REPUBLIC BANCORP KY CL A 760281204 52008 1244 SH SOLE 52008 0 0
RESOLUTE ENERGY CORP *W EXP 09/25/2 76116A116 800000 1160 SH SOLE 800000 0 0
RESOLUTE ENERGY CORP COM 76116A108 17339 197 SH SOLE 17339 0 0
RF MICRODEVICES INC COM 749941100 76430 381 SH SOLE 76430 0 0
ROBERT HALF INTL INC COM 770323103 14098 427 SH SOLE 14098 0 0
ROCKY BRANDS INC COM 774515100 42373 578 SH SOLE 42373 0 0
ROYAL CARIBBEAN CRUISE COM V7780T103 18000 530 SH SOLE 18000 0 0
SABRA HEALTH CARE REIT COM 78573L106 388652 6389 SH SOLE 388652 0 0
SAFEGUARD SCIENTIFICS COM NEW 786449207 94650 1628 SH SOLE 94650 0 0
SAFEGUARD SCIENTIFICS DBCV 10.125% 3 786449AH1 2966000 3986 PRN SOLE N/A 0 0
SAIC INC COM 78390X101 24000 317 SH SOLE 24000 0 0
SALESFORCE COM INC COM 79466L302 30000 4635 SH CALL SOLE 30000 0 0
SALESFORCE COM INC NOTE 0.750% 1/ 79466LAB0 14000000 26160 PRN SOLE N/A 0 0
SALIX PHARMACEUTICALS COM 795435106 106360 5584 SH SOLE 106360 0 0
SANOFI RIGHT 12/31/20 80105N113 16898516 22813 SH SOLE 16898516 0 0
SAP AG SPON ADR 803054204 10000 698 SH PUT SOLE 10000 0 0
SAP AG SPON ADR 803054204 7500 524 SH SOLE 7500 0 0
SAVIENT PHARMACEUTICAL NOTE 4.750% 2/ 80517QAA8 2500000 1046 PRN SOLE N/A 0 0
SBA COMMUNICATIONS COR NOTE 1.875% 5/ 78388JAN6 4000000 5032 PRN SOLE N/A 0 0
SBA COMMUNICATIONS COR NOTE 4.00% 10/ 78388JAM8 53985000 94806 PRN SOLE N/A 0 0
SCHLUMBERGER LTD COM 806857108 3000 210 SH SOLE 3000 0 0
SCHLUMBERGER LTD COM 806857108 45000 3147 SH CALL SOLE 45000 0 0<br /><br />SHARES / VALUE Share Puts/
Name of Issuer Sec Type Cusip PRN AMT (x$1000) /Prn Calls Investment Other Sole Shared None
------------------ -------------- --------- -------- -------- ----- ----- ---------- ----- ------- ------ -------
{S} {C} {C} {C} {C} {C} {C} {C} {C} {C} {C} {C}
SCHWEITZER-MAUDUIT INT COM 808541106 34539 2385 SH SOLE 34539 0 0
SEAGATE TECHNOLOGY PLC SHS G7945M107 40087 1081 SH SOLE 40087 0 0
SEALY CORP COM 812139301 499565 1009 SH SOLE 499565 0 0
SELECT MED HLDGS CORP COM 81619Q105 117117 901 SH SOLE 117117 0 0
SELECT SECTOR SPDR TR INDUSTRIAL 81369Y704 65400 2428 SH CALL SOLE 65400 0 0
SELECT SECTOR SPDR TR INDUSTRIAL 81369Y704 65400 2428 SH PUT SOLE 65400 0 0
SELECT SECTOR SPDR TR SBI CONS DISC 81369Y407 50800 2291 SH CALL SOLE 50800 0 0
SELECT SECTOR SPDR TR SBI CONS DISC 81369Y407 50800 2291 SH PUT SOLE 50800 0 0
SELECT SECTOR SPDR TR SBI CONS STPL 81369Y308 73200 2495 SH CALL SOLE 73200 0 0
SELECT SECTOR SPDR TR SBI CONS STPL 81369Y308 73200 2495 SH PUT SOLE 73200 0 0
SELECT SECTOR SPDR TR SBI HEALTHCARE 81369Y209 65300 2455 SH CALL SOLE 65300 0 0
SELECT SECTOR SPDR TR SBI HEALTHCARE 81369Y209 65300 2455 SH PUT SOLE 65300 0 0
SELECT SECTOR SPDR TR SBI INT-ENERGY 81369Y506 16324 1171 SH SOLE 16324 0 0
SELECT SECTOR SPDR TR SBI INT-ENERGY 81369Y506 39700 2848 SH CALL SOLE 39700 0 0
SELECT SECTOR SPDR TR SBI INT-ENERGY 81369Y506 68700 4929 SH PUT SOLE 68700 0 0
SELECT SECTOR SPDR TR SBI INT-FINL 81369Y605 29500 466 SH SOLE 29500 0 0
SELECT SECTOR SPDR TR SBI INT-FINL 81369Y605 433500 6841 SH PUT SOLE 433500 0 0
SELECT SECTOR SPDR TR SBI INT-FINL 81369Y605 742500 11717 SH CALL SOLE 742500 0 0
SELECT SECTOR SPDR TR SBI MATERIALS 81369Y100 20600 762 SH CALL SOLE 20600 0 0
SELECT SECTOR SPDR TR SBI MATERIALS 81369Y100 20600 762 SH PUT SOLE 20600 0 0
SELECT SECTOR SPDR TR TECHNOLOGY 81369Y803 276100 8327 SH SOLE 276100 0 0
SELECT SECTOR SPDR TR TECHNOLOGY 81369Y803 734600 22148 SH CALL SOLE 734600 0 0
SELECT SECTOR SPDR TR TECHNOLOGY 81369Y803 760500 22929 SH PUT SOLE 760500 0 0
SELECT SECTOR SPDR TR UTILITIES 81369Y886 20800 729 SH CALL SOLE 20800 0 0
SELECT SECTOR SPDR TR UTILITIES 81369Y886 20800 729 SH PUT SOLE 20800 0 0
SHOE CARNIVAL INC COM 824889109 16400 528 SH SOLE 16400 0 0
SIGMA ALDRICH CORP COM 826552101 6199 453 SH SOLE 6199 0 0<br /><br />SHARES / VALUE Share Puts/
Name of Issuer Sec Type Cusip PRN AMT (x$1000) /Prn Calls Investment Other Sole Shared None
------------------ -------------- --------- -------- -------- ----- ----- ---------- ----- ------- ------ -------
{S} {C} {C} {C} {C} {C} {C} {C} {C} {C} {C} {C}
SIRIUS XM RADIO INC COM 82967N108 10302 24 SH SOLE 10302 0 0
SLM CORP COM 78442P106 163830 3809 SH SOLE 163830 0 0
SODASTREAM INTERNATION USD SHS M9068E105 36116 1216 SH SOLE 36116 0 0
SONIC AUTOMOTIVE INC CL A 83545G102 84592 1515 SH SOLE 84592 0 0
SONOSITE INC NOTE 3.750% 7/ 83568GAA2 16000000 23362 PRN SOLE N/A 0 0
SOTHEBYS NOTE 3.125% 6/ 835898AC1 7100000 9068 PRN SOLE N/A 0 0
SPANISH BROADCASTING S CL A NEW 846425833 152700 1031 SH SOLE 152700 0 0
SPARTECH CORP COM NEW 847220209 29798 145 SH SOLE 29798 0 0
SPDR S^P 500 ETF TR TR UNIT 78462F103 363300 51503 SH PUT SOLE 363300 0 0
SPDR S^P 500 ETF TR TR UNIT 78462F103 366000 51503 SH CALL SOLE 366000 0 0
SPECTRUM BRANDS HLDGS COM 84763R101 18950 662 SH SOLE 18950 0 0
SPRINT NEXTEL CORP COM SER 1 852061100 1008450 2874 SH SOLE 1008450 0 0
SS^C TECHNOLOGIES HLDG COM 78467J100 15000 350 SH SOLE 15000 0 0
STAPLES INC COM 855030102 219288 3550 SH SOLE 219288 0 0
STARWOOD HOTELS^RESORT COM 85590A401 13000 733 SH PUT SOLE 13000 0 0
STERIS CORP COM 859152100 11858 375 SH SOLE 11858 0 0
STEWART INFORMATION SV COM 860372101 36620 520 SH SOLE 36620 0 0
STEWART INFORMATION SV NOTE 6.00% 10/ 860372AB7 14600000 18547 PRN SOLE N/A 0 0
SUNCOR ENERGY INC NEW COM 867224107 50000 1635 SH CALL SOLE 50000 0 0
SUNRISE SENIOR LIVING COM 86768K106 52873 334 SH SOLE 52873 0 0
SUPERVALU INC COM 868536103 145000 828 SH SOLE 145000 0 0
SYNERGY RES CORP COM 87164P103 198098 664 SH SOLE 198098 0 0
SYNOVUS FINL CORP UNIT 99/99/999 87161C204 100000 19 SH SOLE 100000 0 0
SYSTEMAX INC COM 871851101 66034 1113 SH SOLE 66034 0 0
TELETECH HOLDINGS INC COM 879939106 31900 514 SH SOLE 31900 0 0
TERADYNE INC NOTE 4.500% 3/ 880770AE2 33781000 105634 PRN SOLE N/A 0 0
TEREX CORP NEW NOTE 4.00% 6/ 880779AV5 24195000 38222 PRN SOLE N/A 0 0
TESSCO TECHNOLOGIES IN COM 872386107 94114 2397 SH SOLE 94114 0 0<br /><br />SHARES / VALUE Share Puts/
Name of Issuer Sec Type Cusip PRN AMT (x$1000) /Prn Calls Investment Other Sole Shared None
------------------ -------------- --------- -------- -------- ----- ----- ---------- ----- ------- ------ -------
{S} {C} {C} {C} {C} {C} {C} {C} {C} {C} {C} {C}
TEXAS INSTRS INC COM 882508104 269800 9068 SH CALL SOLE 269800 0 0
THOMPSON CREEK METALS COM 884768102 33681 228 SH SOLE 33681 0 0
TIMMINS GOLD CORP COM 88741P103 113786 255 SH SOLE 113786 0 0
TITAN INTL INC ILL COM 88830M102 49722 1176 SH SOLE 49722 0 0
TRANSOCEAN LTD REG SHS H8817H100 7700 421 SH CALL SOLE 7700 0 0
TRAVELCENTERS OF AMERI COM 894174101 596939 3785 SH SOLE 596939 0 0
TREX CO INC NOTE 6.0 0% 7/ 89531PAA3 13658000 20165 PRN SOLE N/A 0 0
TRINA SOLAR LIMITED NOTE 4.0 0% 7/ 89628EAA2 22704000 20422 PRN SOLE N/A 0 0
TRINA SOLAR LIMITED SPON ADR 89628E104 640090 4564 SH SOLE 640090 0 0
TRUNKBOW INTL HLDGS LT COM 89818A102 117000 200 SH SOLE 117000 0 0
TUTOR PERINI CORP COM 901109108 268098 4177 SH SOLE 268098 0 0
TWO HBRS INVT CORP *W EXP 11/07/2 90187B119 7509619 1802 SH SOLE 7509619 0 0
TWO HBRS INVT CORP COM 90187B101 2187773 22184 SH SOLE 2187773 0 0
U S CONCRETE INC COM NEW 90333L201 394449 1838 SH SOLE 394449 0 0
U S PHYSICAL THERAPY I COM 90337L108 95376 2198 SH SOLE 95376 0 0
UAL CORP NOTE 6.00% 10/ 902549AJ3 37297000 96242 PRN SOLE N/A 0 0
UNION PAC CORP COM 907818108 2025 218 SH SOLE 2025 0 0
UNISOURCE ENERGY CORP NOTE 4.500% 3/ 909205AB2 19765000 21067 PRN SOLE N/A 0 0
UNITED CONTL HLDGS INC COM 910047109 37229 800 SH SOLE 37229 0 0
UNITED PARCEL SERVICE CL B 911312106 10000 807 SH SOLE 10000 0 0
UNITED RENTALS INC NOTE 4.00% 11/ 911363AL3 19800000 77195 PRN SOLE N/A 0 0
UNITED STATES STL CORP COM 912909108 20000 587 SH SOLE 20000 0 0
UNITED STATES STL CORP COM 912909108 30000 881 SH CALL SOLE 30000 0 0
UNITED STATES STL CORP COM 912909108 33000 969 SH PUT SOLE 33000 0 0
US AIRWAYS GROUP INC NOTE 7.250% 5/ 911905AC1 64094000 114623 PRN SOLE N/A 0 0
USA MOBILITY INC COM 90341G103 44750 623 SH SOLE 44750 0 0
USEC INC NOTE 3.00% 10/ 90333EAC2 38915000 19097 PRN SOLE N/A 0 0<br /><br />SHARES / VALUE Share Puts/
Name of Issuer Sec Type Cusip PRN AMT (x$1000) /Prn Calls Investment Other Sole Shared None
------------------ -------------- --------- -------- -------- ----- ----- ---------- ----- ------- ------ -------
{S} {C} {C} {C} {C} {C} {C} {C} {C} {C} {C} {C}
VALASSIS COMMUNICATION COM 918866104 140952 3242 SH SOLE 140952 0 0
VALERO ENERGY CORP NEW COM 91913Y100 100000 2577 SH CALL SOLE 100000 0 0
VALERO ENERGY CORP NEW COM 91913Y100 29663 764 SH SOLE 29663 0 0
VALSPAR CORP COM 920355104 52097 2516 SH SOLE 52097 0 0
VALUECLICK INC COM 92046N102 39312 776 SH SOLE 39312 0 0
VANTAGE DRILLING COMPA ORD SHS G93205113 630000 1008 SH SOLE 630000 0 0
VECTOR GROUP LTD FRNT 11/1 92240MAS7 3500000 3684 PRN SOLE N/A 0 0
VISTEON CORP COM NEW 92839U206 55907 2963 SH SOLE 55907 0 0
VOLCANO CORPORATION COM 928645100 18800 534 SH SOLE 18800 0 0
VONAGE HLDGS CORP COM 92886T201 776848 1717 SH SOLE 776848 0 0
WAL MART STORES INC COM 931142103 251000 15361 SH CALL SOLE 251000 0 0
WAL MART STORES INC COM 931142103 39028 2389 SH SOLE 39028 0 0
WALGREEN CO COM 931422109 55000 1842 SH CALL SOLE 55000 0 0
WALTER INVT MGMT CORP COM 93317W102 53965 1217 SH SOLE 53965 0 0
WARNACO GROUP INC COM NEW 934390402 20919 1222 SH SOLE 20919 0 0
WEIGHT WATCHERS INTL I COM 948626106 4357 336 SH SOLE 4357 0 0
WELLS FARGO & CO NEW COM 949746101 8500 290 SH SOLE 8500 0 0
WESCO INTL INC DBCV 6.00% 9/ 95082PAH8 5000000 12067 PRN SOLE N/A 0 0
WESTERN UN CO COM 959802109 66800 1176 SH CALL SOLE 66800 0 0
WINTHROP RLTY TR SH BEN INT NEW 976391300 78009 904 SH SOLE 78009 0 0
WSFS FINL CORP COM 929328102 13300 545 SH SOLE 13300 0 0
WYNN RESORTS LTD COM 983134107 10000 1249 SH CALL SOLE 10000 0 0
WYNN RESORTS LTD COM 983134107 5700 712 SH SOLE 5700 0 0
XERIUM TECHNOLOGIES IN COM NEW 98416J118 78628 507 SH SOLE 78628 0 0
YRC WORLDWIDE INC COM PAR $.01 984249607 21382 142 SH SOLE 21382 0 0
YRC WORLDWIDE INC NOTE 10.0 0% 3 984249AB8 9626233 3273 PRN SOLE N/A 0 0
YRC WORLDWIDE INC NOTE 10.0 0% 3 984249AC6 3820771 2025 PRN SOLE N/A 0 0
YUM BRANDS INC COM 988498101 20000 1424 SH PUT SOLE 20000 0 0
YUM BRANDS INC COM 988498101 53000 3773 SH CALL SOLE 53000 0 0
ZEP INC COM 98944B108 34084 491 SH SOLE 34084 0 0