<SEC-DOCUMENT>0001085146-11-000913.txt : 20110812
<SEC-HEADER>0001085146-11-000913.hdr.sgml : 20110812
<ACCEPTANCE-DATETIME>20110812161446
ACCESSION NUMBER:		0001085146-11-000913
CONFORMED SUBMISSION TYPE:	13F-HR
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20110630
FILED AS OF DATE:		20110812
DATE AS OF CHANGE:		20110812
EFFECTIVENESS DATE:		20110812

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			GLG INC.
		CENTRAL INDEX KEY:			0001425915
		IRS NUMBER:				134120903
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		13F-HR
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	028-13070
		FILM NUMBER:		111031584

	BUSINESS ADDRESS:	
		STREET 1:		390 PARK AVE
		STREET 2:		20TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10022
		BUSINESS PHONE:		212-224-7200

	MAIL ADDRESS:	
		STREET 1:		390 PARK AVE
		STREET 2:		20TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10022
</SEC-HEADER>
<DOCUMENT>
<TYPE>13F-HR
<SEQUENCE>1
<FILENAME>glginc2q2011r.txt
<DESCRIPTION>GLG INC
<TEXT>
                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                            Washington, D.C.  20549

                                    Form 13F

                              Form 13F COVER PAGE

Report for the Calendar Year or Quarter Ended: June 30, 2011

Check here if Amendment [  ]; Amendment Number:
This Amendment (Check only one.): [  ] is a restatement.
                                  [  ] adds new holdings entries.

Institutional Investment Manager Filing this Report:

Name:    GLG Inc.
Address: 390 Park Avenue, 20th Floor
         New York, NY  10022

13F File Number:  028-13070

The institutional investment manager filing this report and the person by whom
it is signed hereby represent that the person signing the report is authorized
to submit it, that all information contained herein is true, correct and
complete, and that it is understood that all required items, statements,
schedules, lists, and tables, are considered integral parts of this form.

Person Signing this Report on Behalf of Reporting Manager:

Name:      Nadine Le Gall
Title:     Chief Compliance Officer
Phone:     212-224-7200

Signature, Place, and Date of Signing:

  /s/ Nadine Le Gall     New York, NY     August 12, 2011

Certain Section 13(f) securities have been omitted from this report because
those securities are part of the Lehman Bankruptcy and therefore the
institutional investment manager filing this Form 13F ("GLG") does not have
investment discretion over those securities.

Report Type (Check only one.):

[  ]         13F HOLDINGS REPORT.

[  ]         13F NOTICE.

[ X]         13F COMBINATION REPORT.

List of Other Managers Reporting for this Manager:

Form 13F File Number          Name

028-01190                     Russell Investment Company

<PAGE>

                              FORM 13F SUMMARY PAGE

Report Summary:

Number of Other Included Managers:         1

Form 13F Information Table Entry Total:    647

Form 13F Information Table Value Total:    $3,260,570 (thousands)

List of Other Included Managers:

Provide a numbered list of the name(s) and Form 13F file number(s) of all
institutional managers with respect to which this report is filed, other
than the manager filing this report.

No.  13F File Number               Name

01   028-10979                     GLG Partners LP

<PAGE>

<TABLE>                       <C>             <C>
                                                     FORM 13F INFORMATION TABLE
                                                             VALUE  SHARES/ SH/ PUT/ INVSTMT  OTHER            VOTING AUTHORITY
NAME OF ISSUER                 TITLE OF CLASS   CUSIP     (x$1000)  PRN AMT PRN CALL DSCRETN MANAGERS         SOLE   SHARED     NONE
------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
21VIANET GROUP INC             SPONSORED ADR    90138A103      744    54150 SH       DEFINED 01              54150        0        0
3M CO                          COM              88579Y101     9844   103787 SH       DEFINED 01             103787        0        0
A123 SYS INC                   COM              03739T108     1438   270348 SH       DEFINED 01             270348        0        0
ABBOTT LABS                    COM              002824100     2130    40472 SH       DEFINED 01              40472        0        0
ACCENTURE PLC IRELAND          SHS CLASS A      G1151C101     1601    26499 SH       DEFINED 01              26499        0        0
ACE LTD                        SHS              H0023R105     3665    55685 SH       DEFINED 01              55685        0        0
ADOBE SYS INC                  COM              00724F101     1849    58803 SH       DEFINED 01              58803        0        0
ADVANCED MICRO DEVICES INC     COM              007903107       34     4867 SH       DEFINED                  4867        0        0
ADVANCED MICRO DEVICES INC     COM              007903107      680    97288 SH       DEFINED 01              97288        0        0
AERCAP HOLDINGS NV             SHS              N00985106     8564   658252 SH       DEFINED 01             658252        0        0
AES CORP                       COM              00130H105     3286   257906 SH       DEFINED 01             257906        0        0
AETNA INC NEW                  COM              00817Y108     3846    87230 SH       DEFINED 01              87230        0        0
AFLAC INC                      COM              001055102     3687    78975 SH       DEFINED 01              78975        0        0
AIR PRODS & CHEMS INC          COM              009158106     2726    28518 SH       DEFINED 01              28518        0        0
AIRCASTLE LTD                  COM              G0129K104     1615   126935 SH       DEFINED 01             126935        0        0
AIRGAS INC                     COM              009363102     1246    17796 SH       DEFINED 01              17796        0        0
AK STL HLDG CORP               COM              001547108     1037    65806 SH       DEFINED 01              65806        0        0
AKAMAI TECHNOLOGIES INC        COM              00971T101      993    31568 SH       DEFINED 01              31568        0        0
ALCATEL-LUCENT                 SPONSORED ADR    013904305     3758   651239 SH       DEFINED 01             651239        0        0
ALCOA INC                      COM              013817101     2027   127800 SH  CALL DEFINED                127800        0        0
ALCOA INC                      COM              013817101     2400   151297 SH       DEFINED 01             151297        0        0
ALCOA INC                      COM              013817101    47456  2992200 SH  CALL DEFINED 01            2992200        0        0
ALEXION PHARMACEUTICALS INC    COM              015351109     1452    30867 SH       DEFINED 01              30867        0        0
ALLEGHENY TECHNOLOGIES INC     COM              01741R102     1237    19494 SH       DEFINED 01              19494        0        0
ALLERGAN INC                   COM              018490102     3274    39323 SH       DEFINED 01              39323        0        0
ALLIANT ENERGY CORP            COM              018802108      701    17233 SH       DEFINED 01              17233        0        0
ALLSTATE CORP                  COM              020002101     2595    84994 SH       DEFINED 01              84994        0        0
ALPHA NATURAL RESOURCES INC    COM              02076X102     5197   114374 SH       DEFINED 01             114374        0        0
ALTERA CORP                    COM              021441100     2732    58951 SH       DEFINED 01              58951        0        0
AMAZON COM INC                 COM              023135106    12179    59559 SH       DEFINED 01              59559        0        0
AMEREN CORP                    COM              023608102     1085    37627 SH       DEFINED 01              37627        0        0
AMERICAN ASSETS TR INC         COM              024013104     2494   111087 SH       DEFINED 01             111087        0        0
AMERICAN CAPITAL AGENCY CORP   COM              02503X105    10322   354602 SH       DEFINED 01             354602        0        0
AMERICAN EAGLE OUTFITTERS NE   COM              02553E106     1386   108742 SH       DEFINED 01             108742        0        0
AMERICAN ELEC PWR INC          COM              025537101      689    18284 SH       DEFINED 01              18284        0        0
AMERICAN EXPRESS CO            COM              025816109    20630   399041 SH       DEFINED 01             399041        0        0
AMERICAN INTL GROUP INC        COM NEW          026874784     2842    96940 SH       DEFINED 01              96940        0        0
AMERICAN TOWER CORP            CL A             029912201     2203    42103 SH       DEFINED 01              42103        0        0
AMERIPRISE FINL INC            COM              03076C106     2387    41388 SH       DEFINED 01              41388        0        0
AMERISOURCEBERGEN CORP         COM              03073E105     3643    87984 SH       DEFINED 01              87984        0        0
AMGEN INC                      COM              031162100     4779    81906 SH       DEFINED                 81906        0        0
AMGEN INC                      COM              031162100     9488   162607 SH       DEFINED 01             162607        0        0
ANADARKO PETE CORP             COM              032511107    10349   134817 SH       DEFINED 01             134817        0        0
AON CORP                       COM              037389103     2663    51910 SH       DEFINED 01              51910        0        0
APACHE CORP                    COM              037411105     7809    63286 SH       DEFINED 01              63286        0        0
APPLE INC                      COM              037833100     9682    28843 SH       DEFINED                 28843        0        0
APPLE INC                      COM              037833100    51844   154449 SH       DEFINED 01             154449        0        0
APPLIED MATLS INC              COM              038222105     1704   131004 SH       DEFINED 01             131004        0        0
ARCELORMITTAL SA LUXEMBOURG    NY REGISTRY SH   03938L104     1851    53263 SH       DEFINED 01              53263        0        0
ARCH CAP GROUP LTD             ORD              G0450A105      795    24897 SH       DEFINED 01              24897        0        0
ARCHER DANIELS MIDLAND CO      COM              039483102     2394    79413 SH       DEFINED 01              79413        0        0
ARQULE INC                     COM              04269E107     2198   351676 SH       DEFINED 01             351676        0        0
AT&T INC                       COM              00206R102      617    19658 SH       DEFINED 01              19658        0        0
ATWOOD OCEANICS INC            COM              050095108     6918   156755 SH       DEFINED 01             156755        0        0
AU OPTRONICS CORP              SPONSORED ADR    002255107      399    57969 SH       DEFINED 01              57969        0        0
AUTODESK INC                   COM              052769106     1491    38624 SH       DEFINED 01              38624        0        0
AUTOMATIC DATA PROCESSING IN   COM              053015103     4211    79934 SH       DEFINED 01              79934        0        0
AVAGO TECHNOLOGIES LTD         SHS              Y0486S104     1232    32429 SH       DEFINED 01              32429        0        0
AVANIR PHARMACEUTICALS INC     CL A NEW         05348P401      477   141889 SH       DEFINED 01             141889        0        0
AVON PRODS INC                 COM              054303102     2013    71885 SH       DEFINED 01              71885        0        0
BABCOCK & WILCOX CO NEW        COM              05615F102     1893    68331 SH       DEFINED 01              68331        0        0
BAIDU INC                      SPON ADR REP A   056752108     4754    33928 SH       DEFINED                 33928        0        0
BAIDU INC                      SPON ADR REP A   056752108     7595    54198 SH       DEFINED 01              54198        0        0
BAKER HUGHES INC               COM              057224107     7864   108379 SH       DEFINED 01             108379        0        0
BALL CORP                      COM              058498106     2518    65471 SH       DEFINED 01              65471        0        0
BANK OF AMERICA CORPORATION    COM              060505104        4      328 SH       DEFINED                   328        0        0
BANK OF AMERICA CORPORATION    COM              060505104     1375   125500 SH  CALL DEFINED                125500        0        0
BANK OF AMERICA CORPORATION    COM              060505104    13292  1212750 SH       DEFINED 01            1212750        0        0
BANK OF NEW YORK MELLON CORP   COM              064058100     4320   168637 SH       DEFINED 01             168637        0        0
BARRICK GOLD CORP              COM              067901108     1780    39296 SH       DEFINED 01              39296        0        0
BAXTER INTL INC                COM              071813109     5638    94455 SH       DEFINED 01              94455        0        0
BECTON DICKINSON & CO          COM              075887109     3445    39984 SH       DEFINED 01              39984        0        0
BED BATH & BEYOND INC          COM              075896100     2561    43879 SH       DEFINED 01              43879        0        0
BERKSHIRE HATHAWAY INC DEL     CL A             084670108     4412       38 SH       DEFINED 01                 38        0        0
BERKSHIRE HATHAWAY INC DEL     CL B NEW         084670702     5935    76691 SH       DEFINED 01              76691        0        0
BEST BUY INC                   COM              086516101     3064    97560 SH       DEFINED 01              97560        0        0
BIOGEN IDEC INC                COM              09062X103     3268    30564 SH       DEFINED 01              30564        0        0
BIOMIMETIC THERAPEUTICS INC    COM              09064X101      470    91828 SH       DEFINED                 91828        0        0
BIOMIMETIC THERAPEUTICS INC    COM              09064X101     2630   513704 SH       DEFINED 01             513704        0        0
BLACKROCK CREDIT ALL INC TR    COM              092508100     1258   100566 SH       DEFINED                100566        0        0
BLACKROCK FLOAT RATE OME STR   COM              09255X100      537    35177 SH       DEFINED                 35177        0        0
BLACKROCK INC                  COM              09247X101     7091    36968 SH       DEFINED 01              36968        0        0
BLOCK H & R INC                COM              093671105    14946   931814 SH       DEFINED 01             931814        0        0
BOEING CO                      COM              097023105     9242   125013 SH       DEFINED 01             125013        0        0
BOEING CO                      COM              097023105    10158   137400 SH  CALL DEFINED 01             137400        0        0
BOSTON SCIENTIFIC CORP         COM              101137107     1719   248802 SH       DEFINED 01             248802        0        0
BRIGHAM EXPLORATION CO         COM              109178103     5926   197990 SH       DEFINED 01             197990        0        0
BRISTOL MYERS SQUIBB CO        COM              110122108     2844    98220 SH       DEFINED 01              98220        0        0
BROADCOM CORP                  CL A             111320107     4323   128500 SH  CALL DEFINED 01             128500        0        0
BROADCOM CORP                  CL A             111320107     7640   227104 SH       DEFINED 01             227104        0        0
BRUNSWICK CORP                 COM              117043109      916    44888 SH       DEFINED 01              44888        0        0
BUCYRUS INTL INC NEW           COM              118759109     1172    12781 SH       DEFINED 01              12781        0        0
C H ROBINSON WORLDWIDE INC     COM NEW          12541W209     2192    27805 SH       DEFINED 01              27805        0        0
CABLEVISION SYS CORP           CL A NY CABLVS   12686C109     2612    72148 SH       DEFINED                 72148        0        0
CABLEVISION SYS CORP           CL A NY CABLVS   12686C109     6596   182159 SH       DEFINED 01             182159        0        0
CABOT OIL & GAS CORP           COM              127097103     1308    19724 SH       DEFINED 01              19724        0        0
CADENCE PHARMACEUTICALS INC    COM              12738T100      127    13841 SH       DEFINED 01              13841        0        0
CALIX INC                      COM              13100M509     1228    58973 SH       DEFINED 01              58973        0        0
CALPINE CORP                   COM NEW          131347304      912    56566 SH       DEFINED 01              56566        0        0
CAMERON INTERNATIONAL CORP     COM              13342B105     4408    87651 SH       DEFINED 01              87651        0        0
CAPITAL ONE FINL CORP          COM              14040H105     7736   149716 SH       DEFINED 01             149716        0        0
CARDINAL HEALTH INC            COM              14149Y108     5517   121460 SH       DEFINED 01             121460        0        0
CAREER EDUCATION CORP          COM              141665109     1103    52151 SH       DEFINED 01              52151        0        0
CAREFUSION CORP                COM              14170T101     1637    60263 SH       DEFINED 01              60263        0        0
CARNIVAL CORP                  PAIRED CTF       143658300      418    11100 SH  CALL DEFINED                 11100        0        0
CATERPILLAR INC DEL            COM              149123101    10446    98126 SH       DEFINED 01              98126        0        0
CBS CORP NEW                   CL B             124857202     1960    68800 SH  CALL DEFINED 01              68800        0        0
CBS CORP NEW                   CL B             124857202     4209   147732 SH       DEFINED 01             147732        0        0
CELGENE CORP                   COM              151020104     5461    90527 SH       DEFINED 01              90527        0        0
CENTERPOINT ENERGY INC         COM              15189T107     1293    66809 SH       DEFINED 01              66809        0        0
CENTURYLINK INC                COM              156700106    10855   268478 SH       DEFINED 01             268478        0        0
CEPHALON INC                   COM              156708109     7997   100088 SH       DEFINED 01             100088        0        0
CF INDS HLDGS INC              COM              125269100     1708    12056 SH       DEFINED 01              12056        0        0
CHARLES RIV LABS INTL INC      COM              159864107     1095    26925 SH       DEFINED 01              26925        0        0
CHARM COMMUNICATIONS INC       ADR SHS CL A     16112R101     1417   119093 SH       DEFINED 01             119093        0        0
CHARTER COMMUNICATIONS INC D   CL A NEW         16117M305     2317    42702 SH       DEFINED 01              42702        0        0
CHENIERE ENERGY INC            COM NEW          16411R208     3964   432792 SH       DEFINED 01             432792        0        0
CHESAPEAKE ENERGY CORP         COM              165167107    10985   369991 SH       DEFINED 01             369991        0        0
CHEVRON CORP NEW               COM              166764100     3012    29288 SH       DEFINED 01              29288        0        0
CHICAGO BRIDGE & IRON CO N V   N Y REGISTRY SH  167250109      529    13605 SH       DEFINED 01              13605        0        0
CHINACACHE INTL HLDG LTD       SPON ADR         16950M107      884    95451 SH       DEFINED 01              95451        0        0
CHUBB CORP                     COM              171232101     3932    62801 SH       DEFINED 01              62801        0        0
CHURCH & DWIGHT INC            COM              171340102      983    24241 SH       DEFINED 01              24241        0        0
CIGNA CORP                     COM              125509109     4850    94294 SH       DEFINED 01              94294        0        0
CIMAREX ENERGY CO              COM              171798101     1071    11912 SH       DEFINED 01              11912        0        0
CIRRUS LOGIC INC               COM              172755100      176    11100 SH       DEFINED                 11100        0        0
CISCO SYS INC                  COM              17275R102    14074   901625 SH       DEFINED 01             901625        0        0
CITIGROUP INC                  COM NEW          172967424     3773    90613 SH       DEFINED                 90613        0        0
CITIGROUP INC                  COM NEW          172967424    43904  1054360 SH       DEFINED 01            1054360        0        0
CITRIX SYS INC                 COM              177376100     3594    44930 SH       DEFINED 01              44930        0        0
CLIFFS NATURAL RESOURCES INC   COM              18683K101     2076    22450 SH       DEFINED 01              22450        0        0
CLOROX CO DEL                  COM              189054109     1575    23348 SH       DEFINED 01              23348        0        0
CME GROUP INC                  COM              12572Q105      256      877 SH       DEFINED                   877        0        0
CME GROUP INC                  COM              12572Q105     3736    12812 SH       DEFINED 01              12812        0        0
COACH INC                      COM              189754104     1513    23667 SH       DEFINED 01              23667        0        0
COBALT INTL ENERGY INC         COM              19075F106     1208    88630 SH       DEFINED 01              88630        0        0
COCA COLA CO                   COM              191216100     2423    36009 SH       DEFINED                 36009        0        0
COCA COLA CO                   COM              191216100     6257    92988 SH       DEFINED 01              92988        0        0
COCA COLA ENTERPRISES INC NE   COM              19122T109     2130    72990 SH       DEFINED 01              72990        0        0
CODEXIS INC                    COM              192005106     3075   319263 SH       DEFINED 01             319263        0        0
COGNIZANT TECHNOLOGY SOLUTIO   CL A             192446102     3592    48982 SH       DEFINED 01              48982        0        0
COMCAST CORP NEW               CL A             20030N101    13389   528378 SH       DEFINED 01             528378        0        0
COMERICA INC                   COM              200340107     1313    37981 SH       DEFINED 01              37981        0        0
COMMUNITY HEALTH SYS INC NEW   COM              203668108     1037    40398 SH       DEFINED 01              40398        0        0
CONAGRA FOODS INC              COM              205887102     3714   143888 SH       DEFINED 01             143888        0        0
CONAGRA FOODS INC              COM              205887102    14830   574600 SH  CALL DEFINED 01             574600        0        0
CONCHO RES INC                 COM              20605P101     1340    14592 SH       DEFINED 01              14592        0        0
CONOCOPHILLIPS                 COM              20825C104      236     3133 SH       DEFINED 01               3133        0        0
CONSOL ENERGY INC              COM              20854P109     1839    37924 SH       DEFINED 01              37924        0        0
CONSOLIDATED EDISON INC        COM              209115104     2579    48441 SH       DEFINED 01              48441        0        0
CONSTELLATION ENERGY GROUP I   COM              210371100     1248    32869 SH       DEFINED 01              32869        0        0
CONTINENTAL RESOURCES INC      COM              212015101      432     6658 SH       DEFINED 01               6658        0        0
COOPER INDUSTRIES PLC          SHS              G24140108     6627   111060 SH       DEFINED 01             111060        0        0
COOPER TIRE & RUBR CO          COM              216831107     1790    90429 SH       DEFINED 01              90429        0        0
CORNERSTONE ONDEMAND INC       COM              21925Y103     1396    79119 SH       DEFINED 01              79119        0        0
CORNING INC                    COM              219350105     4711   259577 SH       DEFINED 01             259577        0        0
COSTAMARE INC                  SHS              Y1771G102    21678  1279720 SH       DEFINED 01            1279720        0        0
COSTCO WHSL CORP NEW           COM              22160K105     6138    75559 SH       DEFINED 01              75559        0        0
COVENTRY HEALTH CARE INC       COM              222862104      909    24913 SH       DEFINED 01              24913        0        0
COVIDIEN PLC                   SHS              G2554F113     4357    81852 SH       DEFINED 01              81852        0        0
CREE INC                       COM              225447101      560    16675 SH       DEFINED 01              16675        0        0
CROWN CASTLE INTL CORP         COM              228227104     2005    49145 SH       DEFINED 01              49145        0        0
CROWN HOLDINGS INC             COM              228368106     1059    27281 SH       DEFINED 01              27281        0        0
CSX CORP                       COM              126408103     4425   168775 SH       DEFINED 01             168775        0        0
CTRIP COM INTL LTD             AMERICAN DEP SHS 22943F100     5621   130480 SH       DEFINED                130480        0        0
CUMMINS INC                    COM              231021106     5675    54838 SH       DEFINED 01              54838        0        0
CVR ENERGY INC                 COM              12662P108     7188   291975 SH       DEFINED 01             291975        0        0
CVS CAREMARK CORPORATION       COM              126650100    10871   289268 SH       DEFINED 01             289268        0        0
DANAHER CORP DEL               COM              235851102     4371    82489 SH       DEFINED 01              82489        0        0
DEERE & CO                     COM              244199105     7266    88123 SH       DEFINED 01              88123        0        0
DELL INC                       COM              24702R101     4184   250996 SH       DEFINED 01             250996        0        0
DENBURY RES INC                COM NEW          247916208     1293    64634 SH       DEFINED 01              64634        0        0
DENTSPLY INTL INC NEW          COM              249030107      892    23435 SH       DEFINED 01              23435        0        0
DEVON ENERGY CORP NEW          COM              25179M103     3965    50310 SH       DEFINED                 50310        0        0
DEVON ENERGY CORP NEW          COM              25179M103     5276    66946 SH       DEFINED 01              66946        0        0
DIANA CONTAINERSHIPS INC       COM              Y2069P101      633    88779 SH       DEFINED 01              88779        0        0
DIRECTV                        COM CL A         25490A101     9184   180719 SH       DEFINED 01             180719        0        0
DISCOVER FINL SVCS             COM              254709108     4539   169692 SH       DEFINED 01             169692        0        0
DISCOVERY COMMUNICATNS NEW     COM SER A        25470F104      941    22968 SH       DEFINED 01              22968        0        0
DISH NETWORK CORP              CL A             25470M109     3294   107401 SH       DEFINED 01             107401        0        0
DISNEY WALT CO                 COM DISNEY       254687106    19850   508452 SH       DEFINED 01             508452        0        0
DISNEY WALT CO                 COM DISNEY       254687106    48460  1241300 SH  CALL DEFINED 01            1241300        0        0
DOLLAR FINL CORP               COM              256664103     3333   153947 SH       DEFINED 01             153947        0        0
DOLLAR GEN CORP NEW            COM              256677105     1249    36846 SH       DEFINED 01              36846        0        0
DOLLAR THRIFTY AUTOMOTIVE GP   COM              256743105     2087    28305 SH       DEFINED 01              28305        0        0
DOLLAR TREE INC                COM              256746108     4594    68957 SH       DEFINED 01              68957        0        0
DOMINION RES INC VA NEW        COM              25746U109     3138    64999 SH       DEFINED 01              64999        0        0
DORAL FINL CORP                COM NEW          25811P886     2885  1471915 SH       DEFINED 01            1471915        0        0
DOVER CORP                     COM              260003108     3461    51052 SH       DEFINED 01              51052        0        0
DOW CHEM CO                    COM              260543103     5939   164967 SH       DEFINED 01             164967        0        0
DRESSER-RAND GROUP INC         COM              261608103      525     9762 SH       DEFINED 01               9762        0        0
DRYSHIPS INC                   SHS              Y2109Q101     2095   500000 SH  CALL DEFINED 01             500000        0        0
DTE ENERGY CO                  COM              233331107     1576    31517 SH       DEFINED 01              31517        0        0
DU PONT E I DE NEMOURS & CO    COM              263534109     8279   153176 SH       DEFINED 01             153176        0        0
DUKE ENERGY CORP NEW           COM              26441C105     1874    99520 SH       DEFINED 01              99520        0        0
DUKE REALTY CORP               COM NEW          264411505      598    42676 SH       DEFINED 01              42676        0        0
E M C CORP MASS                COM              268648102     4350   157900 SH       DEFINED                157900        0        0
E M C CORP MASS                COM              268648102     9566   347221 SH       DEFINED 01             347221        0        0
EARTHLINK INC                  COM              270321102     1807   234764 SH       DEFINED 01             234764        0        0
EATON CORP                     COM              278058102     6686   129954 SH       DEFINED 01             129954        0        0
EBAY INC                       COM              278642103     9799   303666 SH       DEFINED 01             303666        0        0
ECHOSTAR CORP                  CL A             278768106     1058    29052 SH       DEFINED 01              29052        0        0
EDISON INTL                    COM              281020107     1995    51488 SH       DEFINED 01              51488        0        0
EDWARDS LIFESCIENCES CORP      COM              28176E108     1708    19587 SH       DEFINED 01              19587        0        0
EL PASO CORP                   COM              28336L109     2439   120767 SH       DEFINED 01             120767        0        0
ELECTRONIC ARTS INC            COM              285512109     2360   100000 SH  CALL DEFINED 01             100000        0        0
EMERGENT BIOSOLUTIONS INC      COM              29089Q105     1669    74005 SH       DEFINED 01              74005        0        0
EMERSON ELEC CO                COM              291011104     5375    95558 SH       DEFINED 01              95558        0        0
ENCORE CAP GROUP INC           COM              292554102     1973    64226 SH       DEFINED 01              64226        0        0
ENERGEN CORP                   COM              29265N108      577    10211 SH       DEFINED 01              10211        0        0
ENERGIZER HLDGS INC            COM              29266R108      877    12121 SH       DEFINED 01              12121        0        0
ENSCO PLC                      SPONSORED ADR    29358Q109     4984    93513 SH       DEFINED 01              93513        0        0
ENTERGY CORP NEW               COM              29364G103     2124    31110 SH       DEFINED 01              31110        0        0
EOG RES INC                    COM              26875P101     1060    10140 SH       DEFINED 01              10140        0        0
EQT CORP                       COM              26884L109     1500    28570 SH       DEFINED 01              28570        0        0
EQUITY RESIDENTIAL             SH BEN INT       29476L107     2190    36503 SH       DEFINED 01              36503        0        0
EVEREST RE GROUP LTD           COM              G3223R108      765     9361 SH       DEFINED 01               9361        0        0
EXCO RESOURCES INC             COM              269279402     4961   281100 SH  CALL DEFINED 01             281100        0        0
EXELON CORP                    COM              30161N101     4177    97492 SH       DEFINED 01              97492        0        0
EXPEDITORS INTL WASH INC       COM              302130109     1761    34395 SH       DEFINED 01              34395        0        0
EXPRESS SCRIPTS INC            COM              302182100     5822   107851 SH       DEFINED 01             107851        0        0
EXXON MOBIL CORP               COM              30231G102     1973    24250 SH       DEFINED 01              24250        0        0
FAMILY DLR STORES INC          COM              307000109     1411    26847 SH       DEFINED 01              26847        0        0
FEDEX CORP                     COM              31428X106     4368    46052 SH       DEFINED 01              46052        0        0
FIDELITY NATL INFORMATION SV   COM              31620M106      917    29781 SH       DEFINED 01              29781        0        0
FIFTH THIRD BANCORP            COM              316773100     1940   152171 SH       DEFINED 01             152171        0        0
FIRST SOLAR INC                COM              336433107      975     7368 SH       DEFINED 01               7368        0        0
FIRSTENERGY CORP               COM              337932107     3707    83967 SH       DEFINED 01              83967        0        0
FLUIDIGM CORP DEL              COM              34385P108     1092    65104 SH       DEFINED 01              65104        0        0
FLUOR CORP NEW                 COM              343412102     1131    17494 SH       DEFINED 01              17494        0        0
FMC TECHNOLOGIES INC           COM              30249U101     1557    34767 SH       DEFINED 01              34767        0        0
FORD MTR CO DEL                COM PAR $0.01    345370860    17088  1239157 SH       DEFINED 01            1239157        0        0
FOREST LABS INC                COM              345838106      652    16583 SH       DEFINED 01              16583        0        0
FOREST OIL CORP                COM PAR $0.01    346091705     9408   352225 SH       DEFINED 01             352225        0        0
FOSTER WHEELER AG              COM              H27178104     8776   288887 SH       DEFINED 01             288887        0        0
FRANKLIN RES INC               COM              354613101     4408    33578 SH       DEFINED 01              33578        0        0
FREEPORT-MCMORAN COPPER & GO   COM              35671D857     1672    31600 SH  CALL DEFINED                 31600        0        0
FREEPORT-MCMORAN COPPER & GO   COM              35671D857    10743   203089 SH       DEFINED 01             203089        0        0
FREEPORT-MCMORAN COPPER & GO   COM              35671D857    39590   748400 SH  CALL DEFINED 01             748400        0        0
FREESCALE SEMICONDUCTOR HLDG   SHS OLD          G3727Q101      947    51488 SH       DEFINED 01              51488        0        0
FXCM INC                       COM CL A         302693106     1646   165900 SH       DEFINED 01             165900        0        0
GENERAL DYNAMICS CORP          COM              369550108     3619    48563 SH       DEFINED 01              48563        0        0
GENERAL ELECTRIC CO            COM              369604103     2738   145159 SH       DEFINED 01             145159        0        0
GENERAL MLS INC                COM              370334104     3933   105674 SH       DEFINED 01             105674        0        0
GENERAL MTRS CO                COM              37045V100     1299    42793 SH       DEFINED                 42793        0        0
GENERAL MTRS CO                COM              37045V100    10300   339265 SH       DEFINED 01             339265        0        0
GILEAD SCIENCES INC            COM              375558103     5825   140675 SH       DEFINED 01             140675        0        0
GLIMCHER RLTY TR               SH BEN INT       379302102     1668   175603 SH       DEFINED 01             175603        0        0
GLOBAL EAGLE ACQUISITION COR   UNIT 99/99/9999  37951D201    15923  1571900 SH       DEFINED 01            1571900        0        0
GOLDMAN SACHS GROUP INC        COM              38141G104      439     3300 SH  CALL DEFINED                  3300        0        0
GOLDMAN SACHS GROUP INC        COM              38141G104     3017    22672 SH       DEFINED                 22672        0        0
GOLDMAN SACHS GROUP INC        COM              38141G104    12828    96386 SH       DEFINED 01              96386        0        0
GOODRICH CORP                  COM              382388106     7961    83357 SH       DEFINED 01              83357        0        0
GOODYEAR TIRE & RUBR CO        COM              382550101     3625   216157 SH       DEFINED 01             216157        0        0
GOOGLE INC                     CL A             38259P508    16757    33092 SH       DEFINED 01              33092        0        0
GRAFTECH INTL LTD              COM              384313102      353    17415 SH       DEFINED                 17415        0        0
GRAFTECH INTL LTD              COM              384313102     7271   358687 SH       DEFINED 01             358687        0        0
GREAT BASIN GOLD LTD           COM              390124105      299   145929 SH       DEFINED 01             145929        0        0
GREEN MTN COFFEE ROASTERS IN   COM              393122106     1917    21477 SH       DEFINED 01              21477        0        0
GT SOLAR INTL INC              COM              3623E0209     1819   112275 SH       DEFINED 01             112275        0        0
GTX INC DEL                    COM              40052B108      323    67367 SH       DEFINED 01              67367        0        0
HALLIBURTON CO                 COM              406216101     7547   147973 SH       DEFINED 01             147973        0        0
HALLIBURTON CO                 COM              406216101     7576   148543 SH       DEFINED                148543        0        0
HANSEN NAT CORP                COM              411310105     1149    14192 SH       DEFINED 01              14192        0        0
HARLEY DAVIDSON INC            COM              412822108    13377   326500 SH  CALL DEFINED 01             326500        0        0
HARLEY DAVIDSON INC            COM              412822108    26734   652526 SH       DEFINED 01             652526        0        0
HARMONY GOLD MNG LTD           SPONSORED ADR    413216300        6      440 SH       DEFINED                   440        0        0
HARMONY GOLD MNG LTD           SPONSORED ADR    413216300      136    10317 SH       DEFINED 01              10317        0        0
HARMONY GOLD MNG LTD           SPONSORED ADR    413216300      282    21300 SH  CALL DEFINED                 21300        0        0
HARMONY GOLD MNG LTD           SPONSORED ADR    413216300     6593   498700 SH  CALL DEFINED 01             498700        0        0
HARRIS CORP DEL                COM              413875105      974    21613 SH       DEFINED 01              21613        0        0
HARTFORD FINL SVCS GROUP INC   COM              416515104     3077   116682 SH       DEFINED 01             116682        0        0
HASBRO INC                     COM              418056107     3455    78653 SH       DEFINED                 78653        0        0
HASBRO INC                     COM              418056107    10874   247524 SH       DEFINED 01             247524        0        0
HCA HOLDINGS INC               COM              40412C101     5642   170957 SH       DEFINED                170957        0        0
HCA HOLDINGS INC               COM              40412C101    14381   435786 SH       DEFINED 01             435786        0        0
HEALTH CARE REIT INC           COM              42217K106     1267    24172 SH       DEFINED 01              24172        0        0
HEINZ H J CO                   COM              423074103     6684   125448 SH       DEFINED 01             125448        0        0
HERITAGE FINL GROUP INC        COM              42726X102      976    81850 SH       DEFINED 01              81850        0        0
HESS CORP                      COM              42809H107    10360   138574 SH       DEFINED 01             138574        0        0
HEWLETT PACKARD CO             COM              428236103    14003   384700 SH       DEFINED 01             384700        0        0
HISOFT TECHNOLOGY INTL LTD     SPONSORED ADR    43358R108      737    50341 SH       DEFINED 01              50341        0        0
HOLOGIC INC                    COM              436440101      869    43083 SH       DEFINED 01              43083        0        0
HOME DEPOT INC                 COM              437076102    10839   299244 SH       DEFINED 01             299244        0        0
HONEYWELL INTL INC             COM              438516106    10062   168861 SH       DEFINED 01             168861        0        0
HOSPIRA INC                    COM              441060100     2096    36994 SH       DEFINED 01              36994        0        0
HOWARD HUGHES CORP             COM              44267D107     2371    36460 SH       DEFINED 01              36460        0        0
HUMAN GENOME SCIENCES INC      COM              444903108      689    28088 SH       DEFINED 01              28088        0        0
HUNT J B TRANS SVCS INC        COM              445658107      782    16613 SH       DEFINED 01              16613        0        0
HUNTINGTON BANCSHARES INC      COM              446150104     1207   184037 SH       DEFINED 01             184037        0        0
IAMGOLD CORP                   COM              450913108       27     1435 SH       DEFINED 01               1435        0        0
IAMGOLD CORP                   COM              450913108      315    16784 SH       DEFINED                 16784        0        0
ILLINOIS TOOL WKS INC          COM              452308109     5026    88974 SH       DEFINED 01              88974        0        0
ILLUMINA INC                   COM              452327109     1397    18594 SH       DEFINED 01              18594        0        0
INFOSYS TECHNOLOGIES LTD       SPONSORED ADR    456788108     3872    59356 SH       DEFINED 01              59356        0        0
INGERSOLL-RAND PLC             SHS              G47791101     4729   104138 SH       DEFINED                104138        0        0
INGERSOLL-RAND PLC             SHS              G47791101     5073   111713 SH       DEFINED 01             111713        0        0
INTEL CORP                     COM              458140100     3260   147109 SH       DEFINED 01             147109        0        0
INTERCONTINENTALEXCHANGE INC   COM              45865V100     1322    10601 SH       DEFINED 01              10601        0        0
INTERNATIONAL BUSINESS MACHS   COM              459200101      955     5567 SH       DEFINED 01               5567        0        0
INTERNATIONAL FLAVORS&FRAGRA   COM              459506101     1262    19652 SH       DEFINED 01              19652        0        0
INTEROIL CORP                  COM              460951106     3657    62500 SH       DEFINED                 62500        0        0
INTEROIL CORP                  COM              460951106     9683   165495 SH       DEFINED 01             165495        0        0
INTERVAL LEISURE GROUP INC     COM              46113M108     1834   133960 SH       DEFINED 01             133960        0        0
INTUIT                         COM              461202103     1923    37080 SH       DEFINED 01              37080        0        0
INTUITIVE SURGICAL INC         COM NEW          46120E602     2338     6283 SH       DEFINED 01               6283        0        0
INVESCO LTD                    SHS              G491BT108     2728   116600 SH       DEFINED 01             116600        0        0
ISHARES INC                    MSCI JAPAN       464286848      106    10200 SH       DEFINED                 10200        0        0
ISHARES INC                    MSCI S KOREA     464286772      102     1564 SH       DEFINED 01               1564        0        0
ISHARES INC                    MSCI S KOREA     464286772      683    10504 SH       DEFINED                 10504        0        0
ISHARES INC                    MSCI TAIWAN      464286731      536    35330 SH       DEFINED                 35330        0        0
ISHARES TR                     DJ US REAL EST   464287739     4036    66924 SH       DEFINED 01              66924        0        0
ISHARES TR                     FTSE CHINA25 IDX 464287184      546    12719 SH       DEFINED                 12719        0        0
ISHARES TR                     FTSE CHINA25 IDX 464287184     1409    32800 SH  CALL DEFINED                 32800        0        0
ISHARES TR                     MSCI EAFE INDEX  464287465     6243   103810 SH       DEFINED                103810        0        0
ISHARES TR                     MSCI EMERG MKT   464287234     1271    26700 SH  PUT  DEFINED                 26700        0        0
ISHARES TR                     MSCI EMERG MKT   464287234    41069   862800 SH  PUT  DEFINED 01             862800        0        0
ISTAR FINL INC                 COM              45031U101     2408   296861 SH       DEFINED 01             296861        0        0
ITT CORP NEW                   COM              450911102     1747    29650 SH       DEFINED 01              29650        0        0
ITT EDUCATIONAL SERVICES INC   COM              45068B109     9822   125534 SH       DEFINED 01             125534        0        0
IVANHOE MINES LTD              COM              46579N103     3485   137977 SH       DEFINED 01             137977        0        0
JARDEN CORP                    COM              471109108     7144   207000 SH  CALL DEFINED 01             207000        0        0
JARDEN CORP                    COM              471109108     7924   229603 SH       DEFINED 01             229603        0        0
JEFFERIES GROUP INC NEW        COM              472319102      534    26182 SH       DEFINED 01              26182        0        0
JINKOSOLAR HLDG CO LTD         SPONSORED ADR    47759T100     1488    56127 SH       DEFINED 01              56127        0        0
JOHNSON & JOHNSON              COM              478160104     2157    32423 SH       DEFINED 01              32423        0        0
JPMORGAN CHASE & CO            COM              46625H100     2612    63800 SH  CALL DEFINED                 63800        0        0
JPMORGAN CHASE & CO            COM              46625H100     3303    80680 SH       DEFINED                 80680        0        0
JPMORGAN CHASE & CO            COM              46625H100    12455   304230 SH       DEFINED 01             304230        0        0
JUNIPER NETWORKS INC           COM              48203R104        2       60 SH       DEFINED                    60        0        0
JUNIPER NETWORKS INC           COM              48203R104     5551   176236 SH       DEFINED 01             176236        0        0
K V PHARMACEUTICAL CO          CL A             482740206     1626   597882 SH       DEFINED 01             597882        0        0
KBR INC                        COM              48242W106     1584    42025 SH       DEFINED 01              42025        0        0
KEYCORP NEW                    COM              493267108     1247   149742 SH       DEFINED 01             149742        0        0
KIMBERLY CLARK CORP            COM              494368103     1976    29680 SH       DEFINED 01              29680        0        0
KINDER MORGAN INC DEL          COM              49456B101    18880   657152 SH       DEFINED 01             657152        0        0
KINROSS GOLD CORP              COM NO PAR       496902404      216    13640 SH       DEFINED                 13640        0        0
KINROSS GOLD CORP              COM NO PAR       496902404     6850   433649 SH       DEFINED 01             433649        0        0
KLA-TENCOR CORP                COM              482480100     1424    35170 SH       DEFINED 01              35170        0        0
KOHLS CORP                     COM              500255104    13903   278000 SH  PUT  DEFINED 01             278000        0        0
KRAFT FOODS INC                CL A             50075N104     8168   231850 SH       DEFINED 01             231850        0        0
KROGER CO                      COM              501044101     9231   372218 SH       DEFINED 01             372218        0        0
LABORATORY CORP AMER HLDGS     COM NEW          50540R409     2716    28060 SH       DEFINED 01              28060        0        0
LAM RESEARCH CORP              COM              512807108     3710    83794 SH       DEFINED 01              83794        0        0
LAUDER ESTEE COS INC           CL A             518439104     2035    19346 SH       DEFINED 01              19346        0        0
LEAP WIRELESS INTL INC         COM NEW          521863308     4501   277296 SH       DEFINED 01             277296        0        0
LEAR CORP                      COM NEW          521865204     1201    22452 SH       DEFINED 01              22452        0        0
LENNAR CORP                    CL A             526057104     1019    56146 SH       DEFINED 01              56146        0        0
LIBERTY MEDIA CORP NEW         CAP COM SER A    53071M302     4277    49876 SH       DEFINED 01              49876        0        0
LIBERTY MEDIA CORP NEW         INT COM SER A    53071M104     1612    96102 SH       DEFINED 01              96102        0        0
LIFE TECHNOLOGIES CORP         COM              53217V109     1487    28562 SH       DEFINED 01              28562        0        0
LIFEPOINT HOSPITALS INC        COM              53219L109     1739    44490 SH       DEFINED 01              44490        0        0
LIMITED BRANDS INC             COM              532716107     1824    47441 SH       DEFINED 01              47441        0        0
LINCOLN NATL CORP IND          COM              534187109     1272    44649 SH       DEFINED 01              44649        0        0
LOCKHEED MARTIN CORP           COM              539830109     4125    50941 SH       DEFINED 01              50941        0        0
LOWES COS INC                  COM              548661107     5898   253017 SH       DEFINED 01             253017        0        0
LYONDELLBASELL INDUSTRIES N    SHS - A -        N53745100     3249    84351 SH       DEFINED                 84351        0        0
LYONDELLBASELL INDUSTRIES N    SHS - A -        N53745100     3817    99090 SH       DEFINED 01              99090        0        0
MACYS INC                      COM              55616P104    11199   383001 SH       DEFINED 01             383001        0        0
MANNKIND CORP                  COM              56400P201      515   135600 SH  PUT  DEFINED 01             135600        0        0
MANPOWERGROUP INC              COM              56418H100     1481    27611 SH       DEFINED 01              27611        0        0
MARATHON OIL CORP              COM              565849106     6185   117414 SH       DEFINED 01             117414        0        0
MARKET VECTORS ETF TR          GOLD MINER ETF   57060U100     5312    97300 SH  CALL DEFINED                 97300        0        0
MARKET VECTORS ETF TR          GOLD MINER ETF   57060U100   116391  2132100 SH  CALL DEFINED 01            2132100        0        0
MARKET VECTORS ETF TR          JR GOLD MINERS E 57060U589      216     6274 SH       DEFINED 01               6274        0        0
MARKET VECTORS ETF TR          JR GOLD MINERS E 57060U589     3560   103235 SH       DEFINED                103235        0        0
MARRIOTT INTL INC NEW          CL A             571903202     3137    88401 SH       DEFINED 01              88401        0        0
MARTIN MARIETTA MATLS INC      COM              573284106     3629    45381 SH       DEFINED 01              45381        0        0
MARVELL TECHNOLOGY GROUP LTD   ORD              G5876H105     2860   193688 SH       DEFINED 01             193688        0        0
MASCO CORP                     COM              574599106      988    82103 SH       DEFINED 01              82103        0        0
MASTERCARD INC                 CL A             57636Q104     5413    17963 SH       DEFINED 01              17963        0        0
MATTEL INC                     COM              577081102     1681    61140 SH       DEFINED 01              61140        0        0
MCDERMOTT INTL INC             COM              580037109     2473   124817 SH       DEFINED 01             124817        0        0
MCDONALDS CORP                 COM              580135101      303     3598 SH       DEFINED 01               3598        0        0
MCKESSON CORP                  COM              58155Q103     5682    67926 SH       DEFINED 01              67926        0        0
MDU RES GROUP INC              COM              552690109      667    29637 SH       DEFINED 01              29637        0        0
MEAD JOHNSON NUTRITION CO      COM              582839106     2390    35377 SH       DEFINED 01              35377        0        0
MECHEL OAO                     SPON ADR PFD     583840509     1169   135412 SH       DEFINED 01             135412        0        0
MEDCO HEALTH SOLUTIONS INC     COM              58405U102     7288   128938 SH       DEFINED 01             128938        0        0
MEDLEY CAP CORP                COM              58503F106     3623   308587 SH       DEFINED 01             308587        0        0
MEDTRONIC INC                  COM              585055106     7068   183431 SH       DEFINED 01             183431        0        0
MEMC ELECTR MATLS INC          COM              552715104      408    47819 SH       DEFINED 01              47819        0        0
MERCK & CO INC NEW             COM              58933Y105      444    12580 SH       DEFINED 01              12580        0        0
MERITOR INC                    COM              59001K100     2366   147536 SH       DEFINED 01             147536        0        0
METLIFE INC                    COM              59156R108    13778   314063 SH       DEFINED 01             314063        0        0
METROPCS COMMUNICATIONS INC    COM              591708102     2983   173344 SH       DEFINED 01             173344        0        0
MFA FINANCIAL INC              COM              55272X102     3709   461373 SH       DEFINED 01             461373        0        0
MGM RESORTS INTERNATIONAL      COM              552953101      771    58379 SH       DEFINED 01              58379        0        0
MICRON TECHNOLOGY INC          COM              595112103     1169   156297 SH       DEFINED 01             156297        0        0
MICROSOFT CORP                 COM              594918104      463    17800 SH  PUT  DEFINED                 17800        0        0
MICROSOFT CORP                 COM              594918104      849    32650 SH       DEFINED 01              32650        0        0
MONSANTO CO NEW                COM              61166W101     7140    98425 SH       DEFINED 01              98425        0        0
MOODYS CORP                    COM              615369105     2090    54488 SH       DEFINED 01              54488        0        0
MORGAN STANLEY                 COM NEW          617446448     2172    94402 SH       DEFINED 01              94402        0        0
MOSAIC CO NEW                  COM              61945C103       60      892 SH       DEFINED                   892        0        0
MOSAIC CO NEW                  COM              61945C103    19983   295045 SH       DEFINED 01             295045        0        0
MOTOROLA MOBILITY HLDGS INC    COM              620097105     1043    47327 SH       DEFINED 01              47327        0        0
MOTOROLA SOLUTIONS INC         COM NEW          620076307     2490    54088 SH       DEFINED 01              54088        0        0
MSCI INC                       CL A             55354G100     5415   143722 SH       DEFINED 01             143722        0        0
MURPHY OIL CORP                COM              626717102     2042    31104 SH       DEFINED 01              31104        0        0
MYLAN INC                      COM              628530107     4948   200558 SH       DEFINED 01             200558        0        0
NASDAQ OMX GROUP INC           COM              631103108     5515   218000 SH  CALL DEFINED 01             218000        0        0
NATIONAL CINEMEDIA INC         COM              635309107      465    27512 SH       DEFINED 01              27512        0        0
NATIONAL GRID PLC              SPON ADR NEW     636274300     1927    38994 SH       DEFINED 01              38994        0        0
NATIONAL OILWELL VARCO INC     COM              637071101     4523    57828 SH       DEFINED 01              57828        0        0
NETAPP INC                     COM              64110D104     2163    40984 SH       DEFINED 01              40984        0        0
NETFLIX INC                    COM              64110L106      190      724 SH       DEFINED                   724        0        0
NETFLIX INC                    COM              64110L106     2354     8963 SH       DEFINED 01               8963        0        0
NEUROCRINE BIOSCIENCES INC     COM              64125C109      884   109754 SH       DEFINED 01             109754        0        0
NEW GOLD INC CDA               COM              644535106       31     3046 SH       DEFINED 01               3046        0        0
NEW GOLD INC CDA               COM              644535106      892    86547 SH       DEFINED                 86547        0        0
NEW ORIENTAL ED & TECH GRP I   SPON ADR         647581107     2119    18970 SH       DEFINED                 18970        0        0
NEWCASTLE INVT CORP            COM              65105M108     2628   454623 SH       DEFINED 01             454623        0        0
NEWELL RUBBERMAID INC          COM              651229106      751    47561 SH       DEFINED 01              47561        0        0
NEWFIELD EXPL CO               COM              651290108     5122    75302 SH       DEFINED                 75302        0        0
NEWFIELD EXPL CO               COM              651290108    19085   280582 SH       DEFINED 01             280582        0        0
NEWMONT MINING CORP            COM              651639106     4827    89445 SH       DEFINED 01              89445        0        0
NEWS CORP                      CL A             65248E104     8546   482797 SH       DEFINED 01             482797        0        0
NEXTERA ENERGY INC             COM              65339F101     3610    62829 SH       DEFINED 01              62829        0        0
NIELSEN HOLDINGS N V           COM              N63218106     3623   116266 SH       DEFINED                116266        0        0
NIKE INC                       CL B             654106103     7646    84974 SH       DEFINED 01              84974        0        0
NISOURCE INC                   COM              65473P105      921    45470 SH       DEFINED 01              45470        0        0
NOBLE CORPORATION BAAR         NAMEN -AKT       H5833N103     1628    41311 SH       DEFINED 01              41311        0        0
NOBLE ENERGY INC               COM              655044105     2695    30070 SH       DEFINED 01              30070        0        0
NORFOLK SOUTHERN CORP          COM              655844108     3951    52735 SH       DEFINED 01              52735        0        0
NORTHERN TR CORP               COM              665859104     1674    36430 SH       DEFINED 01              36430        0        0
NORTHROP GRUMMAN CORP          COM              666807102     2055    29626 SH       DEFINED 01              29626        0        0
NORTHSTAR RLTY FIN CORP        COM              66704R100     1570   389526 SH       DEFINED 01             389526        0        0
NORTHWEST BANCSHARES INC MD    COM              667340103     2130   169335 SH       DEFINED 01             169335        0        0
NOVELLUS SYS INC               COM              670008101     3274    90582 SH       DEFINED 01              90582        0        0
NPS PHARMACEUTICALS INC        COM              62936P103     2164   228986 SH       DEFINED                228986        0        0
NPS PHARMACEUTICALS INC        COM              62936P103     7364   779291 SH       DEFINED 01             779291        0        0
NRG ENERGY INC                 COM NEW          629377508      987    40166 SH       DEFINED 01              40166        0        0
NUCOR CORP                     COM              670346105     2191    53160 SH       DEFINED 01              53160        0        0
NVIDIA CORP                    COM              67066G104      129     8100 SH  PUT  DEFINED                  8100        0        0
NVIDIA CORP                    COM              67066G104      129     8107 SH       DEFINED                  8107        0        0
NVIDIA CORP                    COM              67066G104      777    48754 SH       DEFINED 01              48754        0        0
NXP SEMICONDUCTORS N V         COM              N6596X109     1202    44954 SH       DEFINED 01              44954        0        0
NYSE EURONEXT                  COM              629491101     1495    43631 SH       DEFINED 01              43631        0        0
OCCIDENTAL PETE CORP DEL       COM              674599105    13789   132539 SH       DEFINED 01             132539        0        0
ODYSSEY MARINE EXPLORATION I   COM              676118102     8435  2694821 SH       DEFINED 01            2694821        0        0
OFFICE DEPOT INC               COM              676220106      683   161849 SH       DEFINED 01             161849        0        0
OMNICOM GROUP INC              COM              681919106     2858    59338 SH       DEFINED 01              59338        0        0
ONEOK INC NEW                  COM              682680103     1122    15156 SH       DEFINED 01              15156        0        0
ORACLE CORP                    COM              68389X105    27607   838853 SH       DEFINED 01             838853        0        0
PACCAR INC                     COM              693718108     3132    61311 SH       DEFINED 01              61311        0        0
PACCAR INC                     COM              693718108     5508   107812 SH       DEFINED                107812        0        0
PARKER HANNIFIN CORP           COM              701094104     7452    83041 SH       DEFINED 01              83041        0        0
PARTNERRE LTD                  COM              G6852T105      903    13116 SH       DEFINED 01              13116        0        0
PATRIOT COAL CORP              COM              70336T104      444    19935 SH       DEFINED 01              19935        0        0
PATTERSON COMPANIES INC        COM              703395103      489    14872 SH       DEFINED 01              14872        0        0
PEABODY ENERGY CORP            COM              704549104     2831    48060 SH       DEFINED 01              48060        0        0
PENN VA CORP                   COM              707882106      959    72610 SH       DEFINED 01              72610        0        0
PENNEY J C INC                 COM              708160106     1217    35228 SH       DEFINED 01              35228        0        0
PEPCO HOLDINGS INC             COM              713291102      625    31856 SH       DEFINED 01              31856        0        0
PEPSICO INC                    COM              713448108      402     5714 SH       DEFINED 01               5714        0        0
PEPSICO INC                    COM              713448108     7360   104500 SH  PUT  DEFINED 01             104500        0        0
PETROHAWK ENERGY CORP          COM              716495106    10254   415637 SH       DEFINED 01             415637        0        0
PFIZER INC                     COM              717081103      680    33003 SH       DEFINED 01              33003        0        0
PFIZER INC                     COM              717081103     2414   117168 SH       DEFINED                117168        0        0
PG&E CORP                      COM              69331C108     2648    62996 SH       DEFINED 01              62996        0        0
PHARMASSET INC                 COM              71715N106     2581    23002 SH       DEFINED 01              23002        0        0
PHILIP MORRIS INTL INC         COM              718172109      374     5594 SH       DEFINED 01               5594        0        0
PINNACLE WEST CAP CORP         COM              723484101      728    16334 SH       DEFINED 01              16334        0        0
PIONEER NAT RES CO             COM              723787107     1080    12062 SH       DEFINED 01              12062        0        0
PLAINS EXPL& PRODTN CO         COM              726505100      865    22694 SH       DEFINED 01              22694        0        0
PNC FINL SVCS GROUP INC        COM              693475105     6518   109344 SH       DEFINED 01             109344        0        0
POLO RALPH LAUREN CORP         CL A             731572103      712     5369 SH       DEFINED 01               5369        0        0
POPULAR INC                    COM              733174106     6741  2442521 SH       DEFINED 01            2442521        0        0
POTASH CORP SASK INC           COM              73755L107     2168    38040 SH       DEFINED                 38040        0        0
POTASH CORP SASK INC           COM              73755L107     3896    68362 SH       DEFINED 01              68362        0        0
POWERSHARES DB CMDTY IDX TRA   UNIT BEN INT     73935S105    14480   500000 SH  PUT  DEFINED 01             500000        0        0
POWERSHS DB US DOLLAR INDEX    DOLL INDX BULL   73936D107     4170   196511 SH       DEFINED 01             196511        0        0
POWERSHS DB US DOLLAR INDEX    DOLL INDX BULL   73936D107     7395   348500 SH  CALL DEFINED 01             348500        0        0
PPL CORP                       COM              69351T106     3162   113620 SH       DEFINED 01             113620        0        0
PRECISION CASTPARTS CORP       COM              740189105     3686    22388 SH       DEFINED 01              22388        0        0
PRICELINE COM INC              COM NEW          741503403     4113     8034 SH       DEFINED 01               8034        0        0
PROCTER & GAMBLE CO            COM              742718109     2780    43736 SH       DEFINED 01              43736        0        0
PROLOGIS INC                   COM              74340W103     4043   112811 SH       DEFINED 01             112811        0        0
PROSHARES TR                   PSHS ULTSHT FINL 74347X146      308     5000 SH       DEFINED 01               5000        0        0
PROSHARES TR II                ULTRASHRT EURO   74347W882      419    25000 SH       DEFINED 01              25000        0        0
PROTECTIVE LIFE CORP           COM              743674103      749    32393 SH       DEFINED 01              32393        0        0
PRUDENTIAL FINL INC            COM              744320102     7752   121907 SH       DEFINED 01             121907        0        0
PUBLIC STORAGE                 COM              74460D109     1339    11741 SH       DEFINED 01              11741        0        0
PUBLIC SVC ENTERPRISE GROUP    COM              744573106     2743    84043 SH       DEFINED 01              84043        0        0
PULTE GROUP INC                COM              745867101      430    56146 SH       DEFINED 01              56146        0        0
QEP RES INC                    COM              74733V100     2184    52208 SH       DEFINED 01              52208        0        0
QUALCOMM INC                   COM              747525103     4332    76280 SH       DEFINED                 76280        0        0
QUALCOMM INC                   COM              747525103    24737   435584 SH       DEFINED 01             435584        0        0
QUEST DIAGNOSTICS INC          COM              74834L100     1686    28534 SH       DEFINED 01              28534        0        0
QUESTAR CORP                   COM              748356102      729    41191 SH       DEFINED 01              41191        0        0
RALCORP HLDGS INC NEW          COM              751028101     5763    66563 SH       DEFINED 01              66563        0        0
RALCORP HLDGS INC NEW          COM              751028101    28017   323600 SH  CALL DEFINED 01             323600        0        0
RANGE RES CORP                 COM              75281A109     1142    20583 SH       DEFINED 01              20583        0        0
RAYTHEON CO                    COM NEW          755111507     1918    38469 SH       DEFINED 01              38469        0        0
RED HAT INC                    COM              756577102      202     4404 SH       DEFINED                  4404        0        0
RED HAT INC                    COM              756577102     1457    31752 SH       DEFINED 01              31752        0        0
REGIONS FINANCIAL CORP NEW     COM              7591EP100     1234   199006 SH       DEFINED 01             199006        0        0
RENAISSANCERE HOLDINGS LTD     COM              G7496G103     2836    40550 SH       DEFINED 01              40550        0        0
ROBERT HALF INTL INC           COM              770323103      621    22966 SH       DEFINED 01              22966        0        0
ROCKWELL COLLINS INC           COM              774341101     3555    57624 SH       DEFINED 01              57624        0        0
ROSS STORES INC                COM              778296103    11057   138000 SH  CALL DEFINED 01             138000        0        0
ROSS STORES INC                COM              778296103    11363   141823 SH       DEFINED 01             141823        0        0
ROWAN COS INC                  COM              779382100     2464    63490 SH       DEFINED 01              63490        0        0
SALESFORCE COM INC             COM              79466L302      238     1600 SH       DEFINED                  1600        0        0
SALESFORCE COM INC             COM              79466L302     6398    42948 SH       DEFINED 01              42948        0        0
SANDISK CORP                   COM              80004C101     1762    42464 SH       DEFINED 01              42464        0        0
SAP AG                         SPON ADR         803054204     5675    93563 SH       DEFINED 01              93563        0        0
SBA COMMUNICATIONS CORP        COM              78388J106      685    17948 SH       DEFINED 01              17948        0        0
SCANA CORP NEW                 COM              80589M102      737    18718 SH       DEFINED 01              18718        0        0
SCHEIN HENRY INC               COM              806407102     1051    14675 SH       DEFINED 01              14675        0        0
SCHLUMBERGER LTD               COM              806857108    16259   188178 SH       DEFINED 01             188178        0        0
SCHWAB CHARLES CORP NEW        COM              808513105     4063   246978 SH       DEFINED 01             246978        0        0
SCRIPPS NETWORKS INTERACT IN   CL A COM         811065101      763    15614 SH       DEFINED 01              15614        0        0
SEADRILL LIMITED               SHS              G7945E105    13790   389625 SH       DEFINED                389625        0        0
SEAGATE TECHNOLOGY PLC         SHS              G7945M107     3319   205366 SH       DEFINED 01             205366        0        0
SELECT SECTOR SPDR TR          SBI INT-ENERGY   81369Y506     3599    47768 SH       DEFINED 01              47768        0        0
SELECT SECTOR SPDR TR          SBI INT-INDS     81369Y704     1836    49300 SH  PUT  DEFINED                 49300        0        0
SELECT SECTOR SPDR TR          SBI INT-INDS     81369Y704    42852  1150700 SH  PUT  DEFINED 01            1150700        0        0
SEMPRA ENERGY                  COM              816851109     5176    97882 SH       DEFINED 01              97882        0        0
SIGNET JEWELERS LIMITED        SHS              G81276100        9      192 SH       DEFINED 01                192        0        0
SIGNET JEWELERS LIMITED        SHS              G81276100      612    12994 SH       DEFINED                 12994        0        0
SILVER WHEATON CORP            COM              828336107       32      956 SH       DEFINED 01                956        0        0
SILVER WHEATON CORP            COM              828336107      199     6034 SH       DEFINED                  6034        0        0
SIMON PPTY GROUP INC NEW       COM              828806109     3017    25953 SH       DEFINED 01              25953        0        0
SINA CORP                      ORD              G81477104     1169    11229 SH       DEFINED 01              11229        0        0
SIX FLAGS ENTMT CORP NEW       COM              83001A102     5393   143994 SH       DEFINED 01             143994        0        0
SLM CORP                       COM              78442P106     1435    85365 SH       DEFINED 01              85365        0        0
SOLAZYME INC                   COM              83415T101     7041   306511 SH       DEFINED 01             306511        0        0
SOLUTIA INC                    COM NEW          834376501     7056   308788 SH       DEFINED 01             308788        0        0
SOTHEBYS                       COM              835898107     3041    69900 SH  CALL DEFINED 01              69900        0        0
SOTHEBYS                       COM              835898107     6021   138415 SH       DEFINED                138415        0        0
SOTHEBYS                       COM              835898107     7969   183188 SH       DEFINED 01             183188        0        0
SOUTHERN CO                    COM              842587107     5207   128947 SH       DEFINED 01             128947        0        0
SOUTHERN COPPER CORP           COM              84265V105      822    25000 SH       DEFINED 01              25000        0        0
SOUTHWESTERN ENERGY CO         COM              845467109     7517   175298 SH       DEFINED 01             175298        0        0
SPDR GOLD TRUST                GOLD SHS         78463V107       18      126 SH       DEFINED 01                126        0        0
SPDR GOLD TRUST                GOLD SHS         78463V107      127      872 SH       DEFINED                   872        0        0
SPDR GOLD TRUST                GOLD SHS         78463V107    30656   210000 SH  PUT  DEFINED 01             210000        0        0
SPDR S&P 500 ETF TR            TR UNIT          78462F103     2112    16000 SH       DEFINED 01              16000        0        0
SPDR S&P 500 ETF TR            TR UNIT          78462F103     5149    39019 SH       DEFINED                 39019        0        0
SPDR S&P 500 ETF TR            TR UNIT          78462F103   199248  1509800 SH  PUT  DEFINED 01            1509800        0        0
SPDR SERIES TRUST              S&P METALS MNG   78464A755    13874   200000 SH  PUT  DEFINED 01             200000        0        0
SPDR SERIES TRUST              S&P OILGAS EXP   78464A730     4252    72336 SH       DEFINED 01              72336        0        0
SPDR SERIES TRUST              S&P RETAIL ETF   78464A714     9309   174400 SH  PUT  DEFINED 01             174400        0        0
SPDR SERIES TRUST              SPDR KBW BK ETF  78464A797      576    24025 SH       DEFINED                 24025        0        0
SPDR SERIES TRUST              SPDR KBW BK ETF  78464A797      667    27800 SH  CALL DEFINED                 27800        0        0
SPRINT NEXTEL CORP             COM SER 1        852061100     5152   955889 SH       DEFINED 01             955889        0        0
SPX CORP                       COM              784635104     3895    47124 SH       DEFINED 01              47124        0        0
SPX CORP                       COM              784635104     4958    59984 SH       DEFINED                 59984        0        0
ST JUDE MED INC                COM              790849103     8416   176503 SH       DEFINED 01             176503        0        0
STANLEY BLACK & DECKER INC     COM              854502101        0        3 SH       DEFINED                     3        0        0
STANLEY BLACK & DECKER INC     COM              854502101     1636    22710 SH       DEFINED 01              22710        0        0
STAPLES INC                    COM              855030102     1891   119663 SH       DEFINED 01             119663        0        0
STARBUCKS CORP                 COM              855244109     7359   186360 SH       DEFINED 01             186360        0        0
STARWOOD HOTELS&RESORTS WRLD   COM              85590A401     2294    40929 SH       DEFINED                 40929        0        0
STATE STR CORP                 COM              857477103     3170    70314 SH       DEFINED 01              70314        0        0
STEEL DYNAMICS INC             COM              858119100     1216    74839 SH       DEFINED 01              74839        0        0
STRYKER CORP                   COM              863667101     3850    65602 SH       DEFINED 01              65602        0        0
SUCCESSFACTORS INC             COM              864596101      216     7358 SH       DEFINED                  7358        0        0
SUNOCO INC                     COM              86764P109     6544   156887 SH       DEFINED 01             156887        0        0
SUNTRUST BKS INC               COM              867914103      720    27900 SH  CALL DEFINED                 27900        0        0
SUNTRUST BKS INC               COM              867914103     2260    87580 SH       DEFINED 01              87580        0        0
SYMANTEC CORP                  COM              871503108     2738   138838 SH       DEFINED 01             138838        0        0
TAOMEE HLDGS LTD               SPONSORED ADR    87600Y106     2129   207906 SH       DEFINED 01             207906        0        0
TARGACEPT INC                  COM              87611R306      799    37932 SH       DEFINED 01              37932        0        0
TARGET CORP                    COM              87612E106     5170   110209 SH       DEFINED 01             110209        0        0
TD AMERITRADE HLDG CORP        COM              87236Y108      506    25920 SH       DEFINED 01              25920        0        0
TE CONNECTIVITY LTD            REG SHS          H84989104     2747    74739 SH       DEFINED 01              74739        0        0
TEMPLE INLAND INC              COM              879868107     8595   289000 SH  CALL DEFINED 01             289000        0        0
TENARIS S A                    SPONSORED ADR    88031M109     5739   125490 SH       DEFINED 01             125490        0        0
TENET HEALTHCARE CORP          COM              88033G100     1110   177956 SH       DEFINED 01             177956        0        0
TERADATA CORP DEL              COM              88076W103      201     3340 SH       DEFINED                  3340        0        0
TERADATA CORP DEL              COM              88076W103     1678    27871 SH       DEFINED 01              27871        0        0
TEREX CORP NEW                 COM              880779103      799    28069 SH       DEFINED 01              28069        0        0
TEVA PHARMACEUTICAL INDS LTD   ADR              881624209      228     4723 SH       DEFINED                  4723        0        0
TEXAS INSTRS INC               COM              882508104     4704   143291 SH       DEFINED 01             143291        0        0
TEXTRON INC                    COM              883203101     2841   120346 SH       DEFINED 01             120346        0        0
THERMO FISHER SCIENTIFIC INC   COM              883556102     4567    70928 SH       DEFINED 01              70928        0        0
TIMBERLAND CO                  CL A             887100105    10758   250371 SH       DEFINED 01             250371        0        0
TIME WARNER CABLE INC          COM              88732J207     5784    74117 SH       DEFINED 01              74117        0        0
TIME WARNER INC                COM NEW          887317303     2422    66583 SH       DEFINED 01              66583        0        0
TJX COS INC NEW                COM              872540109     2777    52861 SH       DEFINED                 52861        0        0
TJX COS INC NEW                COM              872540109     6809   129625 SH       DEFINED 01             129625        0        0
TRAVELERS COMPANIES INC        COM              89417E109     4147    71036 SH       DEFINED 01              71036        0        0
TRUSTCO BK CORP N Y            COM              898349105     1034   211019 SH       DEFINED 01             211019        0        0
TWO HBRS INVT CORP             COM              90187B101     1364   126865 SH       DEFINED 01             126865        0        0
TYCO INTERNATIONAL LTD         SHS              H89128104     4051    81959 SH       DEFINED 01              81959        0        0
TYCO INTERNATIONAL LTD         SHS              H89128104    12644   255800 SH  CALL DEFINED 01             255800        0        0
ULTRA PETROLEUM CORP           COM              903914109     1058    23102 SH       DEFINED 01              23102        0        0
UNION PAC CORP                 COM              907818108     7182    68792 SH       DEFINED 01              68792        0        0
UNITED PARCEL SERVICE INC      CL B             911312106      234     3213 SH       DEFINED 01               3213        0        0
UNITED RENTALS INC             COM              911363109     3266   128571 SH       DEFINED 01             128571        0        0
UNITED STATES STL CORP NEW     COM              912909108     1142    24807 SH       DEFINED 01              24807        0        0
UNITED STATES STL CORP NEW     COM              912909108     1515    32900 SH  CALL DEFINED                 32900        0        0
UNITED STATES STL CORP NEW     COM              912909108     2504    54384 SH       DEFINED                 54384        0        0
UNITED STATES STL CORP NEW     COM              912909108    32946   715600 SH  CALL DEFINED 01             715600        0        0
UNITED TECHNOLOGIES CORP       COM              913017109    13230   149479 SH       DEFINED 01             149479        0        0
UNITED THERAPEUTICS CORP DEL   COM              91307C102     5055    91735 SH       DEFINED 01              91735        0        0
UNITEDHEALTH GROUP INC         COM              91324P102    10599   205488 SH       DEFINED 01             205488        0        0
UNUM GROUP                     COM              91529Y106     2771   108745 SH       DEFINED 01             108745        0        0
US BANCORP DEL                 COM NEW          902973304    11565   453333 SH       DEFINED 01             453333        0        0
VALE S A                       ADR              91912E105      149     4650 SH       DEFINED                  4650        0        0
VALE S A                       ADR              91912E105     1709    53500 SH  CALL DEFINED                 53500        0        0
VALE S A                       ADR              91912E105    39826  1246500 SH  CALL DEFINED 01            1246500        0        0
VALERO ENERGY CORP NEW         COM              91913Y100     2517    98447 SH       DEFINED 01              98447        0        0
VEECO INSTRS INC DEL           COM              922417100     1559    32214 SH       DEFINED                 32214        0        0
VERIZON COMMUNICATIONS INC     COM              92343V104    11883   319166 SH       DEFINED 01             319166        0        0
VIACOM INC NEW                 CL B             92553P201     4670    91565 SH       DEFINED                 91565        0        0
VIACOM INC NEW                 CL B             92553P201    26063   511033 SH       DEFINED 01             511033        0        0
VIRGIN MEDIA INC               COM              92769L101     2424    80987 SH       DEFINED 01              80987        0        0
VISA INC                       COM CL A         92826C839     2228    26437 SH       DEFINED                 26437        0        0
VISA INC                       COM CL A         92826C839     7124    84550 SH       DEFINED 01              84550        0        0
VISTEON CORP                   COM NEW          92839U206     5826    85168 SH       DEFINED 01              85168        0        0
VMWARE INC                     CL A COM         928563402      351     3500 SH  PUT  DEFINED                  3500        0        0
VMWARE INC                     CL A COM         928563402     2470    24648 SH       DEFINED                 24648        0        0
VULCAN MATLS CO                COM              929160109      788    20439 SH       DEFINED 01              20439        0        0
WAL MART STORES INC            COM              931142103     4089    76944 SH       DEFINED 01              76944        0        0
WALGREEN CO                    COM              931422109     6865   161691 SH       DEFINED 01             161691        0        0
WALTER ENERGY INC              COM              93317Q105     5898    50930 SH       DEFINED 01              50930        0        0
WALTER INVT MGMT CORP          COM              93317W102     1129    50878 SH       DEFINED 01              50878        0        0
WATSON PHARMACEUTICALS INC     COM              942683103     1401    20377 SH       DEFINED 01              20377        0        0
WELLPOINT INC                  COM              94973V107     8278   105089 SH       DEFINED 01             105089        0        0
WELLS FARGO & CO NEW           COM              949746101        6      201 SH       DEFINED                   201        0        0
WELLS FARGO & CO NEW           COM              949746101      643    22900 SH  CALL DEFINED                 22900        0        0
WELLS FARGO & CO NEW           COM              949746101    22398   798209 SH       DEFINED 01             798209        0        0
WEST COAST BANCORP ORE NEW     COM NEW          952145209     5080   303132 SH       DEFINED 01             303132        0        0
WESTERN DIGITAL CORP           COM              958102105     3369    92613 SH       DEFINED 01              92613        0        0
WESTERN UN CO                  COM              959802109     2265   113072 SH       DEFINED 01             113072        0        0
WHOLE FOODS MKT INC            COM              966837106     1512    23826 SH       DEFINED 01              23826        0        0
WILLIAMS COS INC DEL           COM              969457100    11185   369753 SH       DEFINED 01             369753        0        0
WILLIAMS COS INC DEL           COM              969457100    19777   653800 SH  CALL DEFINED 01             653800        0        0
WILLIAMS SONOMA INC            COM              969904101     2551    69900 SH  CALL DEFINED 01              69900        0        0
WILLIAMS SONOMA INC            COM              969904101     5937   162695 SH       DEFINED 01             162695        0        0
WISCONSIN ENERGY CORP          COM              976657106     1223    39001 SH       DEFINED 01              39001        0        0
XCEL ENERGY INC                COM              98389B100     1789    73616 SH       DEFINED 01              73616        0        0
XEROX CORP                     COM              984121103     1384   132915 SH       DEFINED 01             132915        0        0
XILINX INC                     COM              983919101      637    17477 SH       DEFINED 01              17477        0        0
YAHOO INC                      COM              984332106     6361   422964 SH       DEFINED 01             422964        0        0
YAMANA GOLD INC                COM              98462Y100       29     2487 SH       DEFINED 01               2487        0        0
YAMANA GOLD INC                COM              98462Y100      549    47128 SH       DEFINED                 47128        0        0
YANDEX N V                     SHS CLASS A      N97284108      183     5142 SH       DEFINED                  5142        0        0
YANDEX N V                     SHS CLASS A      N97284108     5473   154116 SH       DEFINED 01             154116        0        0
YM BIOSCIENCES INC             COM              984238105     1018   362279 SH       DEFINED 01             362279        0        0
YOUKU COM INC                  SPONSORED ADR    98742U100     1543    44906 SH       DEFINED 01              44906        0        0
YUM BRANDS INC                 COM              988498101     4430    80190 SH       DEFINED 01              80190        0        0
ZIMMER HLDGS INC               COM              98956P102     1220    19298 SH       DEFINED 01              19298        0        0
</TABLE>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>