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 00287Y109 1,917 36,305 SH   DFND 0 36,305 0
ACTAVIS PLC SHS G0083B108 430 2,559 SH   DFND 0 2,559 0
AETNA INC NEW COM 00817Y108 509 7,416 SH   DFND 0 7,416 0
ALLERGAN INC COM 018490102 1,474 13,272 SH   DFND 0 13,272 0
AMBAC FINL GROUP INC COM NEW 023139884 4,189 170,571 SH   DFND 0 170,571 0
AMC NETWORKS INC CL A 00164V103 540 7,935 SH   DFND 0 7,935 0
AMERICAN AIRLS GROUP INC COM 02376R102 3,730 147,735 SH   DFND 0 147,735 0
AMERICAN CAPITAL AGENCY CORP COM 02503X105 11 228,300 SH Put DFND 0 228,300 0
AMERICAN INTL GROUP INC *W EXP 01/19/202 026874156 1,152 56,897 SH   DFND 0 56,897 0
AMGEN INC COM 031162100 669 5,861 SH   DFND 0 5,861 0
ANADARKO PETE CORP COM 032511107 3,100 39,087 SH   DFND 0 39,087 0
APPLIED MATLS INC COM 038222105 2,935 166,012 SH   DFND 0 166,012 0
ASTORIA FINL CORP COM 046265104 25 165,500 SH Call DFND 0 0 0
ASTORIA FINL CORP COM 046265104 3,185 230,268 SH   DFND 0 230,268 0
ATMI INC COM 00207R101 7,200 238,323 SH   DFND 0 238,323 0
AVON PRODS INC COM 054303102 1,103 64,071 SH   DFND 0 64,071 0
BAXTER INTL INC COM 071813109 3,450 49,598 SH   DFND 0 49,598 0
BEAM INC COM 073730103 1,138 16,724 SH   DFND 0 16,724 0
BIODELIVERY SCIENCES INTL IN COM 09060J106 428 72,624 SH   DFND 0 72,624 0
BIOGEN IDEC INC COM 09062X103 546 1,952 SH   DFND 0 1,952 0
BOB EVANS FARMS INC COM 096761101 2,298 45,422 SH   DFND 0 45,422 0
BP PLC SPONSORED ADR 055622104 3,385 69,638 SH   DFND 0 69,638 0
BRE PROPERTIES INC CL A 05564E106 3,205 58,575 SH   DFND 0 58,575 0
BRIGUS GOLD CORP COM 109490102 805 1,020,349 SH   DFND 0 1,020,349 0
BRISTOL MYERS SQUIBB CO COM 110122108 426 8,009 SH   DFND 0 8,009 0
BROOKDALE SR LIVING INC COM 112463104 350 12,887 SH   DFND 0 12,887 0
BROOKFIELD OFFICE PPTYS INC COM 112900105 7,320 380,267 SH   DFND 0 380,267 0
CABLEVISION SYS CORP CL A NY CABLVS 12686C109 4,764 265,714 SH   DFND 0 265,714 0
CABLEVISION SYS CORP CL A NY CABLVS 12686C109 207 257,300 SH Call DFND 0 0 0
CABOT MICROELECTRONICS CORP COM 12709P103 518 11,339 SH   DFND 0 11,339 0
CAMELOT INFORMATION SYS INC ADS RP ORD SHS 13322V105 1,305 652,671 SH   DFND 0 652,671 0
CAMPBELL SOUP CO COM 134429109 2,218 51,250 SH   DFND 0 51,250 0
CAPITALSOURCE INC COM 14055X102 1,589 110,576 SH   DFND 0 110,576 0
CARDINAL HEALTH INC COM 14149Y108 390 5,844 SH   DFND 0 5,844 0
CELGENE CORP COM 151020104 620 3,669 SH   DFND 0 3,669 0
CEMPRA INC COM 15130J109 203 16,354 SH   DFND 0 16,354 0
CHARTER COMMUNICATIONS INC D CL A NEW 16117M305 5,734 41,927 SH   DFND 0 41,927 0
CHATHAM LODGING TR COM 16208T102 4,217 206,198 SH   DFND 0 206,198 0
CIGNA CORPORATION COM 125509109 407 4,657 SH   DFND 0 4,657 0
CME GROUP INC COM 12572Q105 34 11,100 SH Put DFND 0 11,100 0
COLEMAN CABLE INC COM 193459302 2,525 96,319 SH   DFND 0 96,319 0
COMMONWEALTH REIT COM SH BEN INT 203233101 1,365 58,579 SH   DFND 0 58,579 0
COMPUWARE CORP COM 205638109 2,542 226,794 SH   DFND 0 226,794 0
COMPUWARE CORP COM 205638109 7 57,500 SH Put DFND 0 57,500 0
CONAGRA FOODS INC COM 205887102 1,697 50,362 SH   DFND 0 50,362 0
COOPER TIRE & RUBR CO COM 216831107 3,517 146,305 SH   DFND 0 146,305 0
CORNERSTONE THERAPEUTICS INC COM 21924P103 510 53,745 SH   DFND 0 53,745 0
COSTA INC CL A 22149T102 4,559 209,784 SH   DFND 0 209,784 0
COVIDIEN PLC SHS G2554F113 430 6,313 SH   DFND 0 6,313 0
CUBIST PHARMACEUTICALS INC COM 229678107 322 4,673 SH   DFND 0 4,673 0
CURRENCYSHS JAPANESE YEN TR JAPANESE YEN 23130A102 1 26,500 SH Put DFND 0 26,500 0
CVS CAREMARK CORPORATION COM 126650100 394 5,502 SH   DFND 0 5,502 0
DANAHER CORP DEL COM 235851102 399 5,169 SH   DFND 0 5,169 0
DARDEN RESTAURANTS INC COM 237194105 3,023 55,593 SH   DFND 0 55,593 0
DARLING INTL INC COM 237266101 489 23,442 SH   DFND 0 23,442 0
DAVITA HEALTHCARE PARTNERS I COM 23918K108 260 4,102 SH   DFND 0 4,102 0
DIEBOLD INC COM 253651103 2,272 68,816 SH   DFND 0 68,816 0
DISH NETWORK CORP CL A 25470M109 1,998 34,491 SH   DFND 0 34,491 0
DYNAMICS RESH CORP COM 268057106 345 30,033 SH   DFND 0 30,033 0
DYNAVAX TECHNOLOGIES CORP COM 268158102 170 86,529 SH   DFND 0 86,529 0
E M C CORP MASS COM 268648102 3,120 124,036 SH   DFND 0 124,036 0
EDWARDS GROUP LTD SPONSORED ADR 281736108 2,175 213,685 SH   DFND 0 213,685 0
EQUAL ENERGY LTD COM 29390Q109 2,062 386,119 SH   DFND 0 386,119 0
EXCO RESOURCES INC COM 269279402 459 86,451 SH   DFND 0 86,451 0
EXPRESS SCRIPTS HLDG CO COM 30219G108 417 5,938 SH   DFND 0 5,938 0
F5 NETWORKS INC COM 315616102 1,040 11,448 SH   DFND 0 11,448 0
FAIRPOINT COMMUNICATIONS INC COM NEW 305560302 1,196 105,782 SH   DFND 0 105,782 0
FIFTH & PAC COS INC COM 316645100 3,975 123,934 SH   DFND 0 123,934 0
FOREST LABS INC COM 345838106 316 5,262 SH   DFND 0 5,262 0
FREEPORT-MCMORAN COPPER & GO COM 35671D857 522 13,841 SH   DFND 0 13,841 0
FURIEX PHARMACEUTICALS INC COM 36106P101 322 7,669 SH   DFND 0 7,669 0
GALECTIN THERAPEUTICS INC COM NEW 363225202 90 11,179 SH   DFND 0 11,179 0
GENERAL MTRS CO *W EXP 07/10/201 37045V118 34 1,103 SH   DFND 0 1,103 0
GENERAL MTRS CO *W EXP 07/10/201 37045V126 26 1,103 SH   DFND 0 1,103 0
GENERAL MTRS CO COM 37045V100 7,333 179,424 SH   DFND 0 179,424 0
GENTIUM S P A SPONSORED ADR 37250B104 6,591 115,425 SH   DFND 0 115,425 0
GIANT INTERACTIVE GROUP INC ADR 374511103 798 71,007 SH   DFND 0 71,007 0
GILEAD SCIENCES INC COM 375558103 714 9,512 SH   DFND 0 9,512 0
GIVEN IMAGING ORD SHS M52020100 2,959 98,374 SH   DFND 0 98,374 0
GRAY TELEVISION INC COM 389375106 687 46,174 SH   DFND 0 46,174 0
GRIFOLS S A SP ADR REP B NVT 398438408 504 13,958 SH   DFND 0 13,958 0
HALCON RES CORP COM NEW 40537Q209 407 105,541 SH   DFND 0 105,541 0
HARRIS INTERACTIVE INC COM 414549105 1,699 849,378 SH   DFND 0 849,378 0
HARVEST NATURAL RESOURCES IN COM 41754V103 183 40,578 SH   DFND 0 40,578 0
HCA HOLDINGS INC COM 40412C101 594 12,445 SH   DFND 0 12,445 0
HERTZ GLOBAL HOLDINGS INC COM 42805T105 2,369 82,775 SH   DFND 0 82,775 0
HILLSHIRE BRANDS CO COM 432589109 1,781 53,256 SH   DFND 0 53,256 0
HOLOGIC INC COM 436440101 3,264 146,034 SH   DFND 0 146,034 0
HUDSON CITY BANCORP COM 443683107 3,389 359,375 SH   DFND 0 359,375 0
INSMED INC COM PAR $.01 457669307 222 13,043 SH   DFND 0 13,043 0
INTEL CORP COM 458140100 3,795 146,207 SH   DFND 0 146,207 0
ISHARES IBOXX HI YD ETF 464288513 33 39,500 SH Put DFND 0 39,500 0
ISHARES RUSSELL 2000 ETF 464287655 27 20,300 SH Put DFND 0 20,300 0
JETPAY CORP COM 477177109 27 13,330 SH   DFND 0 13,330 0
JOS A BANK CLOTHIERS INC COM 480838101 962 17,559 SH   DFND 0 17,559 0
JOY GLOBAL INC COM 481165108 2,373 40,576 SH   DFND 0 40,576 0
KRONOS WORLDWIDE INC COM 50105F105 540 28,348 SH   DFND 0 28,348 0
LEAP WIRELESS INTL INC COM NEW 521863308 4,400 252,872 SH   DFND 0 252,872 0
LENDER PROCESSING SVCS INC COM 52602E102 5,779 154,611 SH   DFND 0 154,611 0
LIFE TECHNOLOGIES CORP COM 53217V109 5,686 75,009 SH   DFND 0 75,009 0
LORAL SPACE & COMMUNICATNS I COM 543881106 2,571 31,749 SH   DFND 0 31,749 0
LSB INDS INC COM 502160104 2,209 53,863 SH   DFND 0 53,863 0
LSI CORPORATION COM 502161102 5,756 521,627 SH   DFND 0 521,627 0
MENS WEARHOUSE INC COM 587118100 598 11,714 SH   DFND 0 11,714 0
MERCK & CO INC NEW COM 58933Y105 651 13,007 SH   DFND 0 13,007 0
MERGE HEALTHCARE INC COM 589499102 284 122,518 SH   DFND 0 122,518 0
METROCORP BANCSHARES INC COM 591650106 3,710 246,174 SH   DFND 0 246,174 0
MILLENNIAL MEDIA INC COM 60040N105 1,146 157,620 SH   DFND 0 157,620 0
MORGANS HOTEL GROUP CO COM 61748W108 1,874 230,498 SH   DFND 0 230,498 0
MURPHY USA INC COM 626755102 1,038 24,965 SH   DFND 0 24,965 0
MYLAN INC COM 628530107 225 5,174 SH   DFND 0 5,174 0
NEKTAR THERAPEUTICS COM 640268108 320 28,152 SH   DFND 0 28,152 0
NEW YORK & CO INC COM 649295102 271 62,047 SH   DFND 0 62,047 0
NOBLE CORP PLC SHS USD G65431101 1,149 30,674 SH   DFND 0 30,674 0
NOKIA CORP SPONSORED ADR 654902204 2,396 295,383 SH   DFND 0 295,383 0
NTS INC NEV COM 62943B105 1,654 839,417 SH   DFND 0 839,417 0
NUANCE COMMUNICATIONS INC COM 67020Y100 291 19,144 SH   DFND 0 19,144 0
NUPATHE INC COM 67059M100 1,061 324,502 SH   DFND 0 324,502 0
NVIDIA CORP COM 67066G104 1,135 70,874 SH   DFND 0 70,874 0
NXP SEMICONDUCTORS N V COM N6596X109 4,466 97,229 SH   DFND 0 97,229 0
OI S.A. SPN ADR REP PFD 670851203 582 366,017 SH   DFND 0 366,017 0
OMNICARE INC COM 681904108 425 7,043 SH   DFND 0 7,043 0
OMNICOM GROUP INC COM 681919106 7,819 105,134 SH   DFND 0 105,134 0
OVASCIENCE INC COM 69014Q101 161 17,624 SH   DFND 0 17,624 0
PACIFIC DRILLING SA LUXEMBOU REG SHS L7257P106 1,564 136,441 SH   DFND 0 136,441 0
PACTERA TECHNOLOGY INTL LTD SPONSORED ADR 695255109 1,060 148,214 SH   DFND 0 148,214 0
PANDORA MEDIA INC COM 698354107 1,131 42,522 SH   DFND 0 42,522 0
PAREXEL INTL CORP COM 699462107 203 4,487 SH   DFND 0 4,487 0
PERFORMANCE TECHNOLOGIES INC COM 71376K102 274 73,385 SH   DFND 0 73,385 0
PFIZER INC COM 717081103 450 14,686 SH   DFND 0 14,686 0
PORTOLA PHARMACEUTICALS INC COM 737010108 272 10,544 SH   DFND 0 10,544 0
POTASH CORP SASK INC COM 73755L107 47 37,100 SH Call DFND 0 0 0
PROSHARES TR SHRT 20+YR TRE 74347X849 5,436 165,293 SH   DFND 0 165,293 0
QLT INC COM 746927102 306 54,971 SH   DFND 0 54,971 0
RDA MICROELECTRONICS INC SPONSORED ADR 749394102 1,357 75,906 SH   DFND 0 75,906 0
RECEPTOS INC COM 756207106 1,389 47,926 SH   DFND 0 47,926 0
REGENERON PHARMACEUTICALS COM 75886F107 327 1,187 SH   DFND 0 1,187 0
REPROS THERAPEUTICS INC COM NEW 76028H209 342 18,688 SH   DFND 0 18,688 0
RESPONSYS INC COM 761248103 6,372 232,463 SH   DFND 0 232,463 0
RIVERBED TECHNOLOGY INC COM 768573107 1,045 57,822 SH   DFND 0 57,822 0
ROYAL DUTCH SHELL PLC SPONS ADR A 780259206 2,785 39,070 SH   DFND 0 39,070 0
SCRIPPS NETWORKS INTERACT IN CL A COM 811065101 5,262 60,894 SH   DFND 0 60,894 0
SEATTLE GENETICS INC COM 812578102 1,411 35,362 SH   DFND 0 35,362 0
SILICON MOTION TECHNOLOGY CO SPONSORED ADR 82706C108 658 46,500 SH   DFND 0 46,500 0
SIMCERE PHARMACEUTICAL GROUP SPON ADR 82859P104 488 50,575 SH   DFND 0 50,575 0
SOLITARIO EXPL & RTY CORP COM 8342EP107 807 949,430 SH   DFND 0 949,430 0
SOLTA MED INC COM 83438K103 934 316,613 SH   DFND 0 316,613 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 87 469 SH   DFND 0 469 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 68 74,800 SH Put DFND 0 74,800 0
SPRINT CORP COM SER 1 85207U105 4,601 428,000 SH   DFND 0 428,000 0
STARWOOD PPTY TR INC COM 85571B105 2,012 72,650 SH   DFND 0 72,650 0
STRATEGIC HOTELS & RESORTS I COM 86272T106 681 72,116 SH   DFND 0 72,116 0
SYNOVUS FINL CORP COM 87161C105 39 389,900 SH Call DFND 0 0 0
SYNOVUS FINL CORP COM 87161C105 5,537 1,538,102 SH   DFND 0 1,538,102 0
SYNTHETIC BIOLOGICS INC COM 87164U102 122 79,615 SH   DFND 0 79,615 0
SYSCO CORP COM 871829107 1,400 38,790 SH   DFND 0 38,790 0
TALISMAN ENERGY INC COM 87425E103 982 84,613 SH   DFND 0 84,613 0
TENET HEALTHCARE CORP COM NEW 88033G407 306 7,269 SH   DFND 0 7,269 0
TEVA PHARMACEUTICAL INDS LTD ADR 881624209 4,690 117,006 SH   DFND 0 117,006 0
TIME WARNER CABLE INC COM 88732J207 34,465 254,354 SH   DFND 0 254,354 0
TIME WARNER CABLE INC COM 88732J207 72 179,300 SH Call DFND 0 0 0
TIMKEN CO COM 887389104 1,150 20,875 SH   DFND 0 20,875 0
TITAN INTL INC ILL COM 88830M102 2,313 128,648 SH   DFND 0 128,648 0
T-MOBILE US INC COM 872590104 10,267 305,197 SH   DFND 0 305,197 0
TOWER FINANCIAL CORP COM 891769101 213 8,572 SH   DFND 0 8,572 0
TRI POINTE HOMES INC COM 87265H109 1,321 66,269 SH   DFND 0 66,269 0
TRUNKBOW INTL HLDGS LTD COM 89818A102 397 300,490 SH   DFND 0 300,490 0
UNITED STATES CELLULAR CORP COM 911684108 3,378 80,777 SH   DFND 0 80,777 0
UNITEDHEALTH GROUP INC COM 91324P102 623 8,272 SH   DFND 0 8,272 0
UNIVERSAL HLTH SVCS INC CL B 913903100 511 6,285 SH   DFND 0 6,285 0
VALASSIS COMMUNICATIONS INC COM 918866104 4,261 124,414 SH   DFND 0 124,414 0
VALLEY NATL BANCORP COM 919794107 3,565 352,260 SH   DFND 0 352,260 0
VERIFONE SYS INC COM 92342Y109 2,802 104,459 SH   DFND 0 104,459 0
VERTEX PHARMACEUTICALS INC COM 92532F100 394 5,302 SH   DFND 0 5,302 0
VIACOM INC NEW CL B 92553P201 1,312 15,019 SH   DFND 0 15,019 0
VIRGINIA COMM BANCORP INC COM 92778Q109 4,257 250,533 SH   DFND 0 250,533 0
VIROPHARMA INC COM 928241108 283 5,676 SH   DFND 0 5,676 0
VITRAN CORP INC COM 92850E107 627 96,800 SH   DFND 0 96,800 0
VODAFONE GROUP PLC NEW SPONS ADR NEW 92857W209 11,121 282,901 SH   DFND 0 282,901 0
WASHINGTON BKG CO OAK HBR WA COM 937303105 327 18,451 SH   DFND 0 18,451 0
WEATHERFORD INTERNATIONAL LT REG SHS H27013103 2 85,700 SH Call DFND 0 0 0
WISDOMTREE TR JAPN HEDGE EQT 97717W851 100 128,000 SH Put DFND 0 128,000 0
WRIGHT MED GROUP INC COM 98235T107 350 11,401 SH   DFND 0 11,401 0
XYRATEX LTD COM G98268108 1,169 87,932 SH   DFND 0 87,932 0
YONGYE INTL INC COM 98607B106 2,346 366,545 SH   DFND 0 366,545 0
ZYNGA INC CL A 98986T108 1 61,800 SH Call DFND 0 0 0
ZYNGA INC CL A 98986T108 887 233,381 SH   DFND 0 233,381 0