13F-HR/A 1 seca033112.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 Form 13F Form 13F COVER PAGE Report for the Calendar Year or Quarter Ended: March 31, 2012 Check here if Amendment [X]: Amendment Number: 1 This Amendment (Check only one): [X] is a restatement [ ] adds new holdings entries Institutional Investment Manager Filing this Report: Name: Pine River Capital Management L.P. Address: 601 Carlson Parkway, Suite 330 Minnetonka, MN 55305 Form 13F File Number: 028-10902 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: Pine River Capital Management LLC By: Brian Taylor Title: Sole Member Signature, Place and Date of Signing: /s/ Brian Taylor 601 Carlson Parkway Suite 330 Date: May 15, 2012 ------------------- Minnetonka, MN 55305 Report Type (Check only one): [x] 13F HOLDINGS REPORT [ ] 13F NOTICE [ ] 13F COMBINATION REPORT Form 13F Summary Page Report Summary: Number of Other Included Managers: 0 Form 13F Information Table Entry Total: 251 Form 13F Information Table Value Total: 3,110,532 (thousands) List of Other Included Managers: None Form 13F INFORMATION TABLE
------------------------------------------------------------------------------------------------------- Name of Class Value Shrs or SH/ Put/ Investment Other Voting authority Issuer Title CUSIP (x$1000) prn amt PRN Call discretion managers Sole Shared None ------------------------------------------------------------------------------------------------------- 57TH STREET GENERAL ACQ-CW16 WRT 228803110 19 95609 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- ADVANCE AMERICA CASH ADVANCE COM 00739W107 6025 574400 SH PUT SOLE none Sole ------------------------------------------------------------------------------------------------------ AH BELO CORP-A COM 001282102 185 37733 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- AK STEEL HOLDING CORP COM 001547108 189 25000 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- AK STEEL HOLDING CORP COM 001547108 378 50000 SH PUT SOLE none Sole ------------------------------------------------------------------------------------------------------- ALERE INC COM 01449J105 4675 179721 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- ALLIANCE DATA SYSTEMS CORP COM 018581108 9232 73296 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- ALLIANCE DATA SYSTEMS CORP COM 018581108 7356 58400 SH CALL SOLE none Sole ------------------------------------------------------------------------------------------------------- ALLSTATE CORP COM COM 020002101 16908 513608 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- ALPINE GLOBAL PREMIER PROPER FUND 02083A103 1035 159199 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- ALTRA HOLDINGS INC COM 02208R106 947 49300 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- AMERICAN CAPITAL AGENCY CORP REIT 02503X105 216749 7337479 SH SOLE none Sole ------------------------------------------------------------------------------------------------------ AMERICAN CAPITAL LTD COM 02503Y103 90971 10480489 SH SOLE none Sole ------------------------------------------------------------------------------------------------------ AMERICAN CAPITAL MORTGAGE IN COM 02504A104 37358 1716036 SH SOLE none Sole ------------------------------------------------------------------------------------------------------ AMERICAN EXPRESS CO COM 025816109 14147 244498 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- AMERICAN INTERNATIONAL GROUP COM 026874784 4268 138427 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- AMERICAN INTERNATIONAL GROUP COM 026874784 15720 509900 SH CALL SOLE none Sole ------------------------------------------------------------------------------------------------------- AMGEN INC DEBT 031162AQ3 10227 10003000 PRN SOLE none Sole ------------------------------------------------------------------------------------------------------- ANCHOR BANCORP COM 032838104 202 23819 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- ANNALY CAP MGMT INC DEBT 035710AA0 23288 20000000 PRN SOLE none Sole ------------------------------------------------------------------------------------------------------- APOLLO RESIDENTIAL MORTGAGE COM 03763V102 4677 254451 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- APOLLO SENIOR FLOATING RATE FUND 037636107 6507 363341 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- APPLE INC COM 037833100 43827 73100 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- APPLE INC COM 037833100 335029 558800 SH PUT SOLE none Sole ------------------------------------------------------------------------------------------------------- ARMOUR RESIDENTIAL REIT INC WRT 042315119 100 5036672 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- ASHFORD HOSPITALITY TRUST REIT 044103109 1654 183575 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- ATP OIL & GAS CORPORATION COM 00208J108 806 109700 SH PUT SOLE none Sole ------------------------------------------------------------------------------------------------------- AUSTRALIA ACQUISITION CORP COM G06368107 2045 206400 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- AUSTRALIA ACQUISITION-CW15 WRT G06368115 86 227200 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- AVALONBAY COMMUNITIES INC REIT 053484101 2502 17700 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- AVIS BUDGET GROUP INC COM 053774105 142 10000 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- AVIS BUDGET GROUP INC COM 053774105 1274 90000 SH PUT SOLE none Sole ------------------------------------------------------------------------------------------------------- AVON PRODUCTS INC COM 054303102 968 50000 SH CALL SOLE none Sole ------------------------------------------------------------------------------------------------------- BAKER HUGHES INC COM 057224107 502 11967 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- BANK OF NEW YORK MELLON CORP COM 064058100 12065 500000 SH CALL SOLE none Sole ------------------------------------------------------------------------------------------------------- BGS ACQUISITION CORP UNIT G1082J126 4200 426000 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- BLACKROCK DIVERSIFIED INCM S FUND 09255W102 251 24407 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- BLACKROCK FLOAT RT INCM ST 2 FUND 09255Y108 913 65445 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- BLACKROCK FLOAT RT INCOME ST FUND 09255X100 894 60356 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- BLACKROCK INCOME TRUST FUND 09247F100 7704 1038330 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- BLACKSTONE/GSO SENIOR FLOAT FUND 09256U105 2060 103266 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- BLUE WOLF MONGOLIA HOLDINGS COM G11962100 5656 581400 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- BP PLC-SPONS ADR ADR 055622104 4128 91741 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- CAPITAL ONE FINANCIAL CORP COM 14040H105 8692 155939 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- CAPITALSOURCE INC COM 14055X102 3300 500000 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- CAPLEASE INC REIT 140288101 1411 350000 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- CAZADOR ACQUISITION COR-CW15 WRT G19867129 49 157100 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- CAZADOR ACQUISITION CORP COM G19867103 2890 293665 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- CHART INDUSTRIES INC COM 16115Q308 9269 126400 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- CHESAPEAKE ENERGY CORP COM 165167107 7762 335000 SH CALL SOLE none Sole ------------------------------------------------------------------------------------------------------- CHINA GROWTH EQUITY INVESTME COM G2114K107 1442 150000 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- CHINA HYDROELECTRONIC CP WRT G2112E145 20 649292 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- CIENA CORP COM 171779309 3987 246289 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- CISCO SYSTEMS INC COM 17275R102 1121 53000 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- CISCO SYSTEMS INC COM 17275R102 2115 100000 SH PUT SOLE none Sole ------------------------------------------------------------------------------------------------------- CITIGROUP INC COM 172967424 17544 480000 SH CALL SOLE none Sole ------------------------------------------------------------------------------------------------------- CITIGROUP INC PREF 172967416 20706 200000 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- CMS ENERGY CORP DEBT 125896AW0 14973 8500000 PRN SOLE none Sole ------------------------------------------------------------------------------------------------------- CMS ENERGY CORP DEBT 125896BD1 26633 16685000 PRN SOLE none Sole ------------------------------------------------------------------------------------------------------- CNA FINANCIAL CORP COM 126117100 3596 122605 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- COLLECTIVE BRANDS INC COM 19421W100 1492 75900 SH CALL SOLE none Sole ------------------------------------------------------------------------------------------------------- CONVIO INC COM 21257W105 2204 142457 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- CORELOGIC INC COM 21871D103 2209 135382 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- COSI INC COM 22122P101 108 100000 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- CRAWFORD & CO CL A COM 224633206 869 222769 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- CUBESMART REIT 229663109 1173 98606 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- CUBIST PHARMACEUTICALS INC COM COM 229678107 12612 291600 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- DR HORTON INC DEBT 23331ABB4 20805 16000000 PRN SOLE none Sole ------------------------------------------------------------------------------------------------------- DENALI FUND/THE FUND 24823A102 386 26099 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- DISCOVERY LABORATORIES INC COM 254668403 1012 377500 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- DOLAN CO/THE COM 25659P402 19346 2123575 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- DOMINION RESOURCES INC DEBT 25746UAT6 37003 25000000 PRN SOLE none Sole ------------------------------------------------------------------------------------------------------- EATON VANCE FLOAT RT INC TR FUND 278279104 2775 170854 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- EATON VANCE SENIOR INCOME TR FUND 27826S103 2737 379678 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- EATON VANCE SR FLTG RATE TR FUND 27828Q105 2450 160791 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- EBAY INC COM 278642103 923 25000 SH CALL SOLE none Sole ------------------------------------------------------------------------------------------------------- EBAY INC COM 278642103 923 25000 SH PUT SOLE none Sole ------------------------------------------------------------------------------------------------------- EINSTEIN NOAH RESTAURANT GRO COM 28257U104 655 43924 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- EL PASO CORP COM 28336L109 29559 1000313 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- ENERGY SELECT SECTOR SPDR ETP 81369Y506 17938 250000 SH CALL SOLE none Sole ------------------------------------------------------------------------------------------------------- ENERGY SELECT SECTOR SPDR ETP 81369Y506 7893 110000 SH PUT SOLE none Sole ------------------------------------------------------------------------------------------------------- EOG RESOURCES INC COM 26875P101 1089 9800 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- EQUITY RESIDENTIAL REIT 29476L107 7053 112624 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- FINANCIAL SELECT SECTOR SPDR ETP 81369Y605 86873 5500000 SH CALL SOLE none Sole ------------------------------------------------------------------------------------------------------- FINANCIAL SELECT SECTOR SPDR ETP 81369Y605 5054 320000 SH PUT SOLE none Sole ------------------------------------------------------------------------------------------------------- FIRST AMERICAN FINANCIAL COM 31847R102 13385 804854 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- FIRST TRUST SENIOR FLOATING FUND 33733U108 541 36148 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- FUELCELL ENERGY INC COM 35952H106 1367 873564 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- GAYLORD ENTMT CO NEW COM COM 367905106 3508 113900 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- GENCORP INC DEBT 368682AN0 16279 15292000 PRN SOLE none Sole ------------------------------------------------------------------------------------------------------- GENERAL ELECTRIC CO COM 369604103 14551 725000 SH CALL SOLE none Sole ------------------------------------------------------------------------------------------------------- GENERAL ELECTRIC CO COM 369604103 502 25000 SH PUT SOLE none Sole ------------------------------------------------------------------------------------------------------- GENERAL MOTORS-CW19 WRT 37045V126 24446 2182710 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- GILEAD SCIENCES INC DEBT 375558AN3 8575 7000000 PRN SOLE none Sole ------------------------------------------------------------------------------------------------------- GLIMCHER REALTY TRUST REIT 379302102 5282 516800 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- GLOBAL EAGLE ACQUISITION COR WRT 37951D110 344 702500 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- GLOBAL EAGLE ACQUISITION COR COM 37951D102 6901 710000 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- GLOBAL EAGLE ACQUISITION COR UNIT 37951D201 1741 171571 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- GOLDMAN SACHS GROUP INC COM 38141G104 6663 53574 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- GREEN DOT CORP-CLASS A COM 39304D102 8454 318769 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- GREENBRIER COMPANIES INC COM 393657101 1348 68100 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- GRIFFON CORP COM 398433102 616 57600 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- HALLIBURTON CO COM 406216101 564 17000 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- HATTERAS FINANCIAL CORP REIT 41902R103 1814 65000 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- HAWAIIAN TELCOM HOLDCO INC COM 420031106 5154 298950 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- HEALTH CARE SELECT SECTORP ETP 81369Y209 602 16000 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- HEALTH CARE SELECT SECTORP ETP 81369Y209 7522 200000 SH CALL SOLE none Sole ------------------------------------------------------------------------------------------------------- HEALTHSOUTH CORP COM 421924309 1712 83600 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- HEARTWARE INTL INC COM COM 422368100 4765 72536 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- HECKMANN CORP COM 422680108 4282 993400 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- HERCULES OFFSHORE INC COM 427093109 237 50000 SH CALL SOLE none Sole ------------------------------------------------------------------------------------------------------- HERTZ GLOBAL HOLDINGS INC COM 42805T105 321 21365 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- HICKS ACQUISITION CO II INC COM 429090103 9329 950000 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- HICKS ACQUISITION CO II-CW17 WRT 429090111 440 709000 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- HOLOGIC INC COM 436440101 1558 72300 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- HOME DEPOT INC COM 437076102 12578 250000 SH CALL SOLE none Sole ------------------------------------------------------------------------------------------------------- HOME DEPOT INC COM 437076102 25155 500000 SH PUT SOLE none Sole ------------------------------------------------------------------------------------------------------- HOME PROPERTIES INC REIT 437306103 3022 49539 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- HORNBECK OFFSHORE SVCS COM 440543106 7666 182399 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- HYPERDYNAMICS CORP COM 448954107 22 17171 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- ICONIX BRAND GROUP INC COM 451055107 2544 146400 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- ILLUMINA INC COM 452327109 11669 221800 SH CALL SOLE none Sole ------------------------------------------------------------------------------------------------------- ING PRIME RATE TRUST FUND 44977W106 4303 754908 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- INTEL CORP COM 458140100 703 25000 SH CALL SOLE none Sole ------------------------------------------------------------------------------------------------------- INTEL CORP COM 458140100 703 25000 SH PUT SOLE none Sole ------------------------------------------------------------------------------------------------------- INTERMOLECULAR INC COM 45882D109 241 38761 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- INVESCO MORTGAGE CAPITAL REIT 46131B100 1679 95125 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- INVESCO VAN KAMPEN DYNAMIC C FUND 46132R104 4221 361382 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- INVESCO VAN KAMPEN SENIOR IN FUND 46131H107 2773 564696 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- ISHARES TR FTSE CHINA25 IDX ETP 464287184 7333 200000 SH CALL SOLE none Sole ------------------------------------------------------------------------------------------------------- ISHARES TR FTSE CHINA25 IDX ETP 464287184 13566 370000 SH PUT SOLE none Sole ------------------------------------------------------------------------------------------------------- ISHARES MSCI EMERGING MKT IN ETP 464287234 12669 295000 SH PUT SOLE none Sole ------------------------------------------------------------------------------------------------------- ISHARES RUSSELL 2000 ETP 464287655 53827 650000 SH CALL SOLE none Sole ------------------------------------------------------------------------------------------------------- ISHARES RUSSELL 2000 ETP 464287655 8281 100000 SH PUT SOLE none Sole ------------------------------------------------------------------------------------------------------- J.C. PENNEY CO INC COM 708160106 709 20000 SH PUT SOLE none Sole ------------------------------------------------------------------------------------------------------- JAGUAR MINING INC COM 47009M103 877 187800 SH CALL SOLE none Sole ------------------------------------------------------------------------------------------------------- JANUS CAPITAL GROUP INC COM 47102X105 1146 128630 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- JOURNAL COMMUNICATIONS INC-A COM 481130102 285 50571 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- KV PHARMACEUTICAL CO DEBT 482740AC1 256 1000000 PRN SOLE none Sole ------------------------------------------------------------------------------------------------------- LAS VEGAS SANDS CORP COM 517834107 1007 17500 SH CALL SOLE none Sole ------------------------------------------------------------------------------------------------------- LIBERTY INTERACTIVE LLC DEBT 530715AN1 40715 67445000 PRN SOLE none Sole ------------------------------------------------------------------------------------------------------- LINCOLN NATIONAL CORP COM 534187109 9588 363737 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- LMP CORPORATE LOAN FUND INC FUND 50208B100 6922 581704 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- LOOPNET INC COM 543524300 28347 1509403 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- MACQUARIE GLOBAL INFR TOT RT FUND 55608D101 1494 80957 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- MANNKIND CORP DEBT 56400PAC6 3642 5800000 PRN SOLE none Sole ------------------------------------------------------------------------------------------------------- MBIA INC COM 55262C100 4547 463947 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- MEDCATH CORPORATION COM 58404W109 340 43250 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- MEDCO HEALTH SOLUTIONS INC COM 58405U102 49918 710067 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- MEDICIS PHARMACEUTICAL DEBT 58470KAA2 19997 15000000 PRN SOLE none Sole ------------------------------------------------------------------------------------------------------- MEDLEY CAPITAL CORP COM 58503F106 1390 123356 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- MFA FINANCIAL INC REIT 55272X102 1457 195000 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- MI DEVELOPMENTS INC COM 55304X104 5758 166451 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- MICROSOFT CORP COM 594918104 10009 310300 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- MICROSOFT CORP COM 594918104 16934 525000 SH CALL SOLE none Sole ------------------------------------------------------------------------------------------------------- MICROSOFT CORP COM 594918104 806 25000 SH PUT SOLE none Sole ------------------------------------------------------------------------------------------------------- MORGAN STANLEY EASTN EUR FD FUND 616988101 695 41936 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- MOSAIC CO/THE COM 61945C103 276 5000 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- MOSAIC CO/THE COM 61945C103 6845 123800 SH CALL SOLE none Sole ------------------------------------------------------------------------------------------------------- MOSAIC CO/THE COM 61945C103 2765 50000 SH PUT SOLE none Sole ------------------------------------------------------------------------------------------------------- MOTOROLA MOBILITY COM 620097105 9061 230900 SH CALL SOLE none Sole HLDGS I ------------------------------------------------------------------------------------------------------- NAUTILUS MARINE ACQUISITION COM Y6255E101 5815 594000 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- NEOSTEM INC COM 640650305 345 913190 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- NEOSTEM INC-CW12 WRT 640650115 1 131250 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- NETAPP INC DEBT 64110DAB0 3633 2500000 PRN SOLE none Sole ------------------------------------------------------------------------------------------------------- NETFLIX INC COM 64110L106 1150 10000 SH CALL SOLE none Sole ------------------------------------------------------------------------------------------------------- NEWCASTLE INVESTMENT CORP REIT 65105M108 6766 1077375 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- NEXTERA ENERGY INC COM 65339F101 3237 53000 SH PUT SOLE none Sole ------------------------------------------------------------------------------------------------------- NISOURCE INC COM 65473P105 1218 50000 SH CALL SOLE none Sole ------------------------------------------------------------------------------------------------------- NOVAGOLD RESOURCES INC COM 66987E206 359 50000 SH CALL SOLE none Sole ------------------------------------------------------------------------------------------------------- NUANCE COMMUNICATIONS INC COM 67020Y100 1468 57400 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- NUVEEN FLOATING RATE INCOME FUND 67072T108 5008 420114 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- NUVEEN FLOATING RT INC OPP FUND 6706EN100 2939 243896 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- NUVEEN SENIOR INCOME FUND FUND 67067Y104 1371 192286 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- NUVEEN SHORT DURATION CREDIT FUND 67074X107 2782 143273 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- OCWEN FINL CORP COM 675746309 69414 4441083 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- OIL STATES INTERNATIONAL DEBT 678026AB1 14751 6000000 PRN SOLE none Sole ------------------------------------------------------------------------------------------------------- OLD REP INTL CORP COM COM 680223104 1782 168900 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- OMNICARE INC DEBT 681904AN8 23256 16000000 PRN SOLE none Sole ------------------------------------------------------------------------------------------------------- OMNICOM GROUP INC DEBT 681919AV8 2550 2500000 PRN SOLE none Sole ------------------------------------------------------------------------------------------------------- ORACLE CORP COM 68389X105 7290 250000 SH CALL SOLE none Sole ------------------------------------------------------------------------------------------------------- OWENS CORNING INC NC -CW13 WRT 690742127 33 138108 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- PENNANTPARK FLOATING RATE CA COM 70806A106 737 62731 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- PFIZER INC COM 717081103 394 17400 SH CALL SOLE none Sole ------------------------------------------------------------------------------------------------------- PHH CORP DEBT 693320AQ6 39323 26679000 PRN SOLE none Sole ------------------------------------------------------------------------------------------------------- PIMCO INCOME STRATEGY FD II FUND 72201J104 548 53941 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- PIPER JAFFRAY COS COM 724078100 15992 600738 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- PLATINUM UNDERWRITERS HLDGS COM G7127P100 3980 109045 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- POST PROPERTIES INC REIT 737464107 7051 150474 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- POWERSHARES QQQ NASDAQ 100 ETP 73935A104 11105 164400 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- POWERSHARES QQQ NASDAQ 100 ETP 73935A104 50663 750000 SH CALL SOLE none Sole ------------------------------------------------------------------------------------------------------- POWERSHARES SENIOR LOAN PORT ETP 73936Q769 2909 118354 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- PRICELINE.COM INC COM 741503403 2696 3758 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- PRIME ACQUISITION CORP COM G72436101 2184 226300 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- PRIME ACQUISITION CORP-CW16 WRT G72436127 63 181000 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- PRINCIPAL FINANCIAL GROUP COM 74251V102 4163 141074 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- PROGRESS ENERGY INC COM 743263105 3983 75000 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- QUALITY DISTRIBUTION INC COM 74756M102 3153 228800 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- RADIAN GROUP INC DEBT 750236AK7 6750 10000000 PRN SOLE none Sole ------------------------------------------------------------------------------------------------------- RAYONIER TRS HOLDINGS IN DEBT 75508AAB2 18305 15000000 PRN SOLE none Sole ------------------------------------------------------------------------------------------------------- RED HAT INC COM 756577102 1198 20000 SH PUT SOLE none Sole ------------------------------------------------------------------------------------------------------- RED ROBIN GOURMET BURGERS COM 75689M101 584 15708 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- RENEWABLE ENERGY GROUP INC COM 75972A301 1324 127814 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- RESOLUTE ENERGY CORP WRT 76116A116 1253 841010 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- RETAIL OPP INVEST CORP-CW14 WRT 76131N119 5191 4953494 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- RITE AID CORP DEBT 767754BU7 2385 2250000 PRN SOLE none Sole ------------------------------------------------------------------------------------------------------- ROI ACQUISITION CORP UNIT 74966A203 7210 721000 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- ROVI CORP COM 779376102 6739 207030 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- ROYCE FOCUS TRUST INC FUND 78080N108 399 57342 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- RUTH'S HOSPITALITY GROUP INC COM 783332109 381 50177 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- SAFEGUARD SCIENTIFICS IN DEBT 786449AH1 4524 3367000 PRN SOLE none Sole ------------------------------------------------------------------------------------------------------- SAKS INC COM 79377W108 7967 686200 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- SANDISK CORP COM 80004C101 16513 333000 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- SBA COMMUNICATIONS CORP DEBT 78388JAN6 11328 9000000 PRN SOLE none Sole ------------------------------------------------------------------------------------------------------- SCHLUMBERGER LTD COM 806857108 978 13979 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- SCORPIO TANKERS INC COM Y7542C106 194 27500 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- SEADRILL LTD COM G7945E105 1518 40500 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- SEADRILL LTD COM G7945E105 10670 50000 SH PUT SOLE none Sole ------------------------------------------------------------------------------------------------------- SEARCHMEDIA HOLDINGS LT-CW11 WRT G8005Y114 6 62200 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- SEMGROUP CORP-CW14 WRT 81663A113 579 78032 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- SOLUTIA INC COM 834376501 2509 89800 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- SPDR S&P 500 ETF TRUST ETP 78462F103 47433 336859 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- SPDR S&P 500 ETF TRUST ETP 78462F103 35203 250000 SH CALL SOLE none Sole ------------------------------------------------------------------------------------------------------- SPDR S&P 500 ETF TRUST ETP 78462F103 618550 4392800 SH PUT SOLE none Sole ------------------------------------------------------------------------------------------------------- SPDR S&P HOMEBUILDERS ETF ETP 78464A888 576 27000 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- SPDR S&P HOMEBUILDERS ETF ETP 78464A888 24168 1132000 SH PUT SOLE none Sole ------------------------------------------------------------------------------------------------------- SPECIAL OPPORTUNITIES FUND FUND 84741T104 329 20510 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- SPHERIX INC COM 84842R205 15 16748 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- STONE ENERGY CORP COM 861642106 5949 208074 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- SUNPOWER CORP DEBT 867652AC3 8615 9165000 PRN SOLE none Sole ------------------------------------------------------------------------------------------------------- SUPERIOR ENERGY SERVICES INC COM 868157108 553 20960 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- SYNACOR INC COM 871561106 694 91754 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- TAM SA-SPONSORED ADR ADR 87484D103 31762 1263913 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- TELECOMMUNICATION SYSTEMS-A COM 87929J103 537 193300 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- TORCHMARK CORP COM 891027104 2766 55480 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- TTM TECHNOLOGIES COM 87305R109 2328 202259 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- TUDOU HOLDINGS LTD-ADR ADR 89903T107 909 30791 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- TWO HARBORS INVESTMENT-CW12 WRT 90187B119 698 2906918 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- UNIVERSAL BUSINESS PAY-CW17 WRT 913384111 174 578984 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- UNIVERSAL BUSINESS PAYMENT S COM 913384103 3358 578984 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- VENOCO INC COM 92275P307 11549 1065384 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- VENOCO INC COM 92275P307 1456 134300 SH CALL SOLE none Sole ------------------------------------------------------------------------------------------------------- VERIFONE SYSTEMS INC COM 92342Y109 19216 370467 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- WALTER INVESTMENT MANAGEMENT COM 93317W102 26557 1177699 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- WESTERN LIBERTY BANCORP COM 961443108 567 197637 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- WINTRUST FINANCIAL CORP COM 97650W108 7865 219751 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- WOWJOINT HOLDINGS LTD WRT G9796W119 3 92365 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- XPO LOGISTICS INC COM 983793100 1384 82400 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- YUM! BRANDS INC COM 988498101 1780 25000 SH CALL SOLE none Sole ------------------------------------------------------------------------------------------------------- YUM! BRANDS INC COM 988498101 1780 25000 SH PUT SOLE none Sole ------------------------------------------------------------------------------------------------------- ZWEIG TOTAL RETURN FUND INC FUND 989837109 1077 336539 SH SOLE none Sole ------------------------------------------------------------------------------------------------------- --------------------------------------------------------------------------------------------------------- --------------------------------------------------------------------------------------------------------- 3110532 251 ---------------------------------------------------------------------------------------------------------