The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
AbbVie Inc. COM 00287y959 40,650 108,400 SH Put SOLE   108,400 0 0
AbbVie Inc. COM 00287y959 148,235 257,800 SH Put SOLE   257,800 0 0
AbbVie Inc. COM 00287y959 17,755 13,400 SH Put SOLE   13,400 0 0
Actavis Inc. SHS G0083B958 177,840 34,200 SH Put SOLE   34,200 0 0
Actavis Inc. SHS G0083B108 8,251,776 34,200 SH   SOLE   34,200 0 0
Agilent Technologies Inc. COM 00846U951 53,509 146,600 SH Put SOLE   146,600 0 0
Agilent Technologies Inc. COM 00846U951 31,354 24,400 SH Put SOLE   24,400 0 0
Agilent Technologies Inc. COM 00846U101 5,567,744 97,714 SH   SOLE   97,714 0 0
Albemarle Corporation COM 012653951 265,875 141,800 SH Put SOLE   141,800 0 0
Albemarle Corporation COM 012653951 58,560 19,200 SH Put SOLE   19,200 0 0
Allergan Inc. COM 018490952 67,915 159,800 SH Put SOLE   159,800 0 0
Allergan Inc. COM 018490952 63,750 75,000 SH Put SOLE   75,000 0 0
Allergan Inc. COM 018490952 249,805 106,300 SH Put SOLE   106,300 0 0
Allergan Inc. COM 018490902 210,750 15,000 SH Call SOLE   15,000 0 0
Allergan Inc. COM 018490902 268,750 25,000 SH Call SOLE   25,000 0 0
Allergan Inc. COM 018490102 32,484,037 182,300 SH   SOLE   182,300 0 0
Alliance Data Systems Corp. PUT 018581958 57,090 17,300 SH Put SOLE   17,300 0 0
Alliance Data Systems Corp. PUT 018581958 135,150 25,500 SH Put SOLE   25,500 0 0
Alpha Natural Resources Inc. COM 02076X102 62,248 25,100 SH   SOLE   25,100 0 0
Ambit Biosciences Corp. COM 02318x100 1,946,791 126,415 SH   SOLE   126,415 0 0
American Realty Cap Healthcare Trust COM 02917r108 134,524,288 12,836,287 SH   SOLE   12,836,287 0 0
Annaly Cap Management Inc NOTE 4.000% 2/1 035710aa0 8,680,860 8,352,000 PRN   SOLE   721,416 0 0
Annies Inc. COM 03600t104 44,667,126 973,140 SH   SOLE   973,140 0 0
Assured Guaranty Ltd. COM G0585R106 8,466,782 382,075 SH   SOLE   382,075 0 0
AT&T COM 00206r952 2,794,220 1,954,000 SH Put SOLE   1,954,000 0 0
Athlon Energy Inc. COM 047477104 70,819,559 1,216,204 SH   SOLE   1,216,204 0 0
Bally Technologies Inc. COM 05874b907 144,375 55,000 SH Call SOLE   55,000 0 0
Bally Technologies Inc. COM 05874b957 64,625 55,000 SH Put SOLE   55,000 0 0
Bally Technologies Inc. COM 05874b107 4,438,500 55,000 SH   SOLE   55,000 0 0
Bank of Kentucky Financial Corporation COM 062896105 6,762,201 146,273 SH   SOLE   146,273 0 0
Barclays Bank PLC IPATH S&P500 VIX 06742e711 1,224,856 39,296 SH   SOLE   39,296 0 0
B/E Aerospace Inc. COM 073302951 248,880 146,400 SH Put SOLE   146,400 0 0
B/E Aerospace Inc. COM 073302101 12,295,531 146,480 SH   SOLE   146,480 0 0
BCE Inc COM NEW 05534b760 70,678,596 1,652,881 SH   SOLE   1,652,881 0 0
Berry Plastics Group Inc COM 08579w953 26,868 97,700 SH Put SOLE   97,700 0 0
Berry Plastics Group Inc COM 08579w103 1,095,113 43,388 SH   SOLE   43,388 0 0
Bolt Technology Corp COM 097698104 12,936,285 589,621 SH   SOLE   589,621 0 0
BPZ Resources Inc. NOTE 8.500% 10/0 055639AC2 6,943,820 7,072,000 PRN   SOLE   1,765,076 0 0
Burger King Worldwide Inc. COM 121220957 59,000 20,000 SH Put SOLE   20,000 0 0
Burger King Worldwide Inc. COM 121220957 90,000 20,000 SH Put SOLE   20,000 0 0
Burger King Worldwide Inc. COM 121220957 2,134,080 395,200 SH Put SOLE   395,200 0 0
Burger King Worldwide Inc. COM 121220957 368,490 51,900 SH Put SOLE   51,900 0 0
Cal Dive International Inc Del NOTE 5.000% 7/1 12802tab7 3,738,826 5,741,000 PRN   SOLE   2,558,378 0 0
Carefusion Corp. COM 14170t101 1,425,420 31,501 SH   SOLE   31,501 0 0
CF Industries Holdings Inc COM 125269950 82,388 19,500 SH Put SOLE   19,500 0 0
CF Industries Holdings Inc COM 125269100 4,092,528 14,657 SH   SOLE   14,657 0 0
Charter Communications Inc. CL A NEW 16117M955 25,838 19,500 SH Put SOLE   19,500 0 0
Charter Communications Inc. CL A NEW 16117m305 2,757,507 18,217 SH Put SOLE   18,217 0 0
Chiquita Brands International Inc. COM 170032809 1,686,960 118,800 SH   SOLE   118,800 0 0
Civeo Corp. COM 178787957 1,679,150 156,200 SH Put SOLE   156,200 0 0
Civeo Corp. COM 178787957 48,850 195,400 SH Put SOLE   195,400 0 0
Civeo Corp. COM 178787907 3,360 134,400 SH Call SOLE   134,400 0 0
Civeo Corp. COM 178787907 148 5,900 SH Call SOLE   5,900 0 0
Civeo Corp. COM 178787107 4,029,088 347,036 SH   SOLE   347,036 0 0
Compuware Corp. COM 205638109 47,637,096 4,489,830 SH   SOLE   4,489,830 0 0
Concur Technologies Inc. COM 206708959 513 4,100 SH Put SOLE   4,100 0 0
Concur Technologies Inc. COM 206708959 57,860 105,200 SH Put SOLE   105,200 0 0
Concur Technologies Inc. NOTE 0.500% 6/1 206708AC3 652,500 500,000 PRN   SOLE   4,769 0 0
Concur Technologies Inc. COM 206708109 79,657,544 628,115 SH   SOLE   628,115 0 0
Consol Energy Inc COM 20854p109 16,657,756 439,983 SH   SOLE   439,983 0 0
Conversant Inc. COM 21249j105 31,585,864 922,215 SH   SOLE   922,215 0 0
Covidien PLC SHS g2554f953 1,400 4,000 SH Put SOLE   4,000 0 0
Covidien PLC SHS g2554f953 57,720 96,200 SH Put SOLE   96,200 0 0
Covidien PLC SHS g2554f953 591,120 656,800 SH Put SOLE   656,800 0 0
Covidien PLC SHS g2554f953 70,125 55,000 SH Put SOLE   55,000 0 0
Covidien PLC SHS g2554f953 126,945 65,100 SH Put SOLE   65,100 0 0
Covidien PLC SHS G2554F113 102,270,824 1,182,185 SH   SOLE   1,182,185 0 0
Cubist Pharmaceuticals Inc. (CVR) RIGHT 229678123 354,104 2,950,869 SH   SOLE   2,950,869 0 0
Directv COM 25490A309 126,147,198 1,458,012 SH   SOLE   1,458,012 0 0
Dish Network Corp. CL A 25470m959 106,140 73,200 SH Put SOLE   73,200 0 0
Dish Network Corp. CL A 25470m959 81,133 39,100 SH Put SOLE   39,100 0 0
Dish Network Corp. CL A 25470m109 7,285,270 112,810 SH   SOLE   112,810 0 0
Dresser-Rand Group Inc. COM 261608103 43,901,093 533,687 SH   SOLE   533,687 0 0
Dryships Inc. NOTE 5.000% 12/0 262498AB4 14,508,918 14,674,000 PRN   SOLE   2,126,666 0 0
Einstein Noah Rest Group Inc COM 28257u104 12,737,290 631,810 SH   SOLE   631,810 0 0
El Paso Pipeline Partners COM UNIT LPI 283702108 16,032,796 399,223 SH   SOLE   399,223 0 0
EMC Corp Mas COM 268648952 126,477 122,200 SH Put SOLE   122,200 0 0
EMC Corp Mas COM 268648952 117,240 195,400 SH Put SOLE   195,400 0 0
EMC Corp Mas COM 268648102 5,003,460 171,000 SH   SOLE   171,000 0 0
Energizer Holdings Inc COM 29266r958 64,515 39,100 SH Put SOLE   39,100 0 0
Energizer Holdings Inc COM 29266r108 4,213,782 34,200 SH   SOLE   34,200 0 0
Express Inc COM 30219e953 48,840 244,200 SH Put SOLE   244,200 0 0
Express Inc COM 30219e953 2,145 2,600 SH Put SOLE   2,600 0 0
Express Inc COM 30219e103 1,927,804 123,498 SH   SOLE   123,498 0 0
Family Dollar Stores Inc COM 307000959 2,995 119,800 SH Put SOLE   119,800 0 0
Family Dollar Stores Inc COM 307000109 112,430,853 1,455,604 SH   SOLE   1,455,604 0 0
First United Bancorp Inc FLA COM 33740n105 12,225,970 1,434,973 SH   SOLE   1,434,973 0 0
Foster Wheeler AG COM h27178104 152,465,759 4,821,814 SH   SOLE   4,821,814 0 0
General Motors Co. COM 37045v100 15,521,946 485,972 SH   SOLE   485,972 0 0
Gentiva Health Services Inc COM 37247a952 83,088 195,500 SH Put SOLE   195,500 0 0
Gentiva Health Services Inc COM 37247a102 3,321,668 197,954 SH   SOLE   197,954 0 0
Genworth Financial Inc. COM CL A 37247d106 14,851,195 1,133,679 SH   SOLE   1,133,679 0 0
Glimcher Realty Trust SH BEN INT 379302952 973 38,900 SH Put SOLE   38,900 0 0
Glimcher Realty Trust SH BEN INT 379302952 2,170 43,400 SH Put SOLE   43,400 0 0
Glimcher Realty Trust SH BEN INT 379302102 31,666,729 2,338,754 SH   SOLE   2,338,754 0 0
Globalstar Inc. NOTE 8.000% 4/0 378973AD3 4,613,337 754,661 PRN   SOLE   1,254,111 0 0
Hudson City Bancorp COM 443683107 16,139,438 1,660,436 SH   SOLE   1,660,436 0 0
Illumina Inc COM 452327959 8,910 19,800 SH Put SOLE   19,800 0 0
Illumina Inc COM 452327109 98,352 600 SH   SOLE   600 0 0
Integrys Energy Group Inc COM 45822p105 58,953,207 909,491 SH   SOLE   909,491 0 0
International Rectifier Corp COM 460254955 8,620 172,400 SH Put SOLE   172,400 0 0
International Rectifier Corp COM 460254955 4,095 23,400 SH Put SOLE   23,400 0 0
International Rectifier Corp COM 460254105 47,511,674 1,210,797 SH   SOLE   1,210,797 0 0
Iron Mountain Inc COM 462846956 25,673 48,900 SH Put SOLE   48,900 0 0
Iron Mountain Inc COM 462846106 797,672 24,431 SH   SOLE   24,431 0 0
Juniper Networks Inc. COM 48203R104 8,549,546 385,984 SH   SOLE   385,984 0 0
Juniper Networks Inc. COM 48203R954 271,210 293,200 SH Put SOLE   293,200 0 0
Juniper Networks Inc. COM 48203R954 65,934 488,400 SH Put SOLE   488,400 0 0
Kinder Morgan Inc Del COM 49456b951 7,269,285 589,800 SH Put SOLE   589,800 0 0
Kinder Morgan Inc Del COM 49456b101 22,612,932 589,800 SH   SOLE   589,800 0 0
Kinder Morgan Energy Partners UT LTD PARTNER 494550106 16,199,191 173,662 SH   SOLE   173,662 0 0
Kinder Morgan Management LLC SHS 49455u100 15,974,431 169,670 SH   SOLE   169,670 0 0
Kindred Healthcare Inc COM 494580953 161,975 294,500 SH Put SOLE   294,500 0 0
Kindred Healthcare Inc COM 494580103 5,502,694 283,644 SH   SOLE   283,644 0 0
Kodiak Oil & Gas Corp. COM 50015q950 424,645 653,300 SH Put SOLE   653,300 0 0
Kodiak Oil & Gas Corp. COM 50015q100 8,820,052 649,967 SH   SOLE   649,967 0 0
LIN Media LLC CL A COM 532771102 15,472,312 696,951 SH   SOLE   696,951 0 0
Manitowoc Inc COM 563571108 11,063,968 471,811 SH   SOLE   471,811 0 0
Medical Action Industries Inc. COM 58449L100 15,407,583 1,118,112 SH   SOLE   1,118,112 0 0
Medtronic Inc. COM 585055106 402,675 6,500 SH   SOLE   6,500 0 0
Molson Coors Brewing Co CL B 60871r209 1,818,495 24,429 SH   SOLE   24,429 0 0
Molson Coors Brewing Co CL B 60871r959 68,750 50,000 SH Put SOLE   50,000 0 0
Morgans Hotel Group Co NOTE 2.375% 10/1 61748wab4 8,728,125 8,750,000 PRN   SOLE   325,415 0 0
Move Inc COM NEW 62458m207 19,047,714 908,765 SH   SOLE   908,765 0 0
Multimedia Games Holdings Co Inc COM 625453105 5,962,320 165,574 SH   SOLE   165,574 0 0
Mylan Inc. COM 628530957 328,584 244,300 SH Put SOLE   244,300 0 0
Mylan Inc. COM 628530957 40,343 48,900 SH Put SOLE   48,900 0 0
Mylan Inc. COM 628530107 13,957,515 306,826 SH   SOLE   306,826 0 0
Now Inc. COM 67011p950 92,768 195,300 SH Put SOLE   195,300 0 0
Now Inc. COM 67011p950 166,090 97,700 SH Put SOLE   97,700 0 0
Now Inc. COM 67011p100 5,785,077 190,236 SH   SOLE   190,236 0 0
Omniamerican Bancorp Inc COM 68216r107 14,487,151 571,264 SH   SOLE   571,264 0 0
Omnicare Inc DBCV 3.250% 12/1 681904al2 515,938 500,000 PRN   SOLE   6,420 0 0
Outerwall Inc. COM 690070107 10,963,679 195,431 SH   SOLE   195,431 0 0
Outerwall Inc. COM 690070957 581,315 195,400 SH Put SOLE   195,400 0 0
Peabody Energy Corp. COM 704549104 8,979,177 725,297 SH   SOLE   725,297 0 0
Pepco Holdings Inc COM 713291102 103,247,278 3,858,269 SH   SOLE   3,858,269 0 0
Petsmart Inc COM 716768956 33,338 63,500 SH Put SOLE   63,500 0 0
Petsmart Inc COM 716768106 4,429,618 63,199 SH   SOLE   63,199 0 0
Pike Corp COM 721283959 1,895 75,800 SH Put SOLE   75,800 0 0
Pike Corp COM 721283109 1,902,400 160,000 SH   SOLE   160,000 0 0
Protective Life Corp. COM 743674103 126,386,726 1,820,872 SH   SOLE   1,820,872 0 0
Protective Life Corp. COM 743674953 2,463 19,700 SH Put SOLE   19,700 0 0
Rockwood Holdings Inc COM 774415103 71,458,732 934,712 SH   SOLE   934,712 0 0
Safeway Inc. COM NEW 786514208 134,278,841 3,914,835 SH   SOLE   3,914,835 0 0
Salesforce Com Inc. COM 79466L302 120,813 2,100 SH   SOLE   2,100 0 0
Shire PLC SPONSORED ADR 82481r956 131,760 292,800 SH Put SOLE   292,800 0 0
Shire PLC SPONSORED ADR 82481r956 37,355 48,200 SH Put SOLE   48,200 0 0
Shire PLC SPONSORED ADR 82481r956 3,825 3,000 SH Put SOLE   3,000 0 0
Shire PLC SPONSORED ADR 82481r956 97,020 58,800 SH Put SOLE   58,800 0 0
Shire PLC SPONSORED ADR 82481r106 115,969,173 447,671 SH   SOLE   447,671 0 0
Sigma Aldrich Corp COM 826552951 473 2,100 SH Put SOLE   2,100 0 0
Sigma Aldrich Corp COM 826552101 42,087,750 309,446 SH   SOLE   309,446 0 0
Sirius XM Holdings Inc. COM 82968B953 70,000 2,000,000 SH Put SOLE   2,000,000 0 0
Sirius XM Holdings Inc. COM 82968B103 3,156,373 904,405 SH   SOLE   904,405 0 0
SPDR S&P 500 TR UNIT 78462F953 80,032 97,600 SH Put SOLE   97,600 0 0
SPDR S&P 500 TR UNIT 78462F953 174,346 97,400 SH Put SOLE   97,400 0 0
Shutterfly Inc COM 82568p954 68,320 97,600 SH Put SOLE   97,600 0 0
Shutterfly Inc COM 82568p304 4,817,169 98,834 SH   SOLE   98,834 0 0
SWS Group Inc. COM 78503N107 2,298,580 333,611 SH   SOLE   333,611 0 0
Talisman Energy Inc COM 87425e103 3,056,157 353,313 SH   SOLE   353,313 0 0
Taminco COM 87509u106 12,900,969 494,290 SH   SOLE   494,290 0 0
Tibco Software Inc COM 88632q103 46,687,445 1,975,770 SH   SOLE   1,975,770 0 0
Time Warner Cable Inc COM 88732j957 334,890 109,800 SH Put SOLE   109,800 0 0
Time Warner Cable Inc COM 88732j957 1,094,565 169,700 SH Put SOLE   169,700 0 0
Time Warner Cable Inc COM 88732j957 124,500 15,000 SH Put SOLE   15,000 0 0
Time Warner Cable Inc COM 88732j207 60,751,227 423,383 SH   SOLE   423,383 0 0
Time Warner Inc COM NEW 887317303 1,827,603 24,300 SH   SOLE   24,300 0 0
Tim Hortons Inc COM 88706m103 47,943,799 608,852 SH   SOLE   608,852 0 0
T-Mobile US Inc. COM 872590104 8,792,214 304,545 SH   SOLE   304,545 0 0
T-Mobile US Inc. COM 872590954 225,764 293,200 SH Put SOLE   293,200 0 0
TriQuint Semiconductor Inc. COM 89674K103 102,066,492 5,352,202 SH   SOLE   5,352,202 0 0
TRW Automotive Holdings Corp COM 87264s906 394,210 99,800 SH Call SOLE   99,800 0 0
TRW Automotive Holdings Corp COM 87264s106 66,486,926 656,661 SH   SOLE   656,661 0 0
TW Telecom Inc COM 87311l904 150,298 76,100 SH Call SOLE   76,100 0 0
TW Telecom Inc COM 87311l954 82,335 49,900 SH Put SOLE   49,900 0 0
TW Telecom Inc COM 87311l104 146,304,255 3,516,084 SH   SOLE   3,516,084 0 0
Tyson Foods Inc. CL A 902494953 10,973 146,300 SH Put SOLE   146,300 0 0
Tyson Foods Inc. CL A 902494953 87,930 195,400 SH Put SOLE   195,400 0 0
Tyson Foods Inc. CL A 902494103 9,329,627 236,973 SH   SOLE   236,973 0 0
Tyson Foods Inc. UNIT 99/99/9999 902494301 4,948,464 98,379 SH   SOLE   98,379 0 0
URS Corp New COM 903236107 126,271,384 2,191,831 SH   SOLE   2,191,831 0 0
Valeant Pharmaceuticals Intl COM 91911k902 1,635,000 100,000 SH Call SOLE   100,000 0 0
Valeant Pharmaceuticals Intl COM 91911k902 1,444,275 117,900 SH Call SOLE   117,900 0 0
Valeant Pharmaceuticals Intl COM 91911k902 171,750 15,000 SH Call SOLE   15,000 0 0
Viacom Inc New CL B 92553p951 161,205 97,700 SH Put SOLE   97,700 0 0
Viacom Inc New CL B 92553p201 7,518,577 97,720 SH   SOLE   97,720 0 0
Weatherford International PLC ORD SHS g48833950 278,649 341,900 SH Put SOLE   341,900 0 0
Weatherford International PLC ORD SHS g48833950 162,224 390,900 SH Put SOLE   390,900 0 0
Weatherford International PLC ORD SHS g48833100 8,637,970 415,287 SH   SOLE   415,287 0 0
XRS Corp COM 983845108 3,790,622 682,995 SH   SOLE   682,995 0 0