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
58 COM INC ADR REP A 31680Q104 288 7,500 SH   DFND   7,500 0 0
ABBVIE INC COM 00287Y109 530 10,045 SH   DFND   10,045 0 0
AEGERION PHARMACEUTICALS INC COM 00767E102 600 8,460 SH   DFND   8,460 0 0
ALEXION PHARMACEUTICALS INC COM 015351109 625 4,700 SH   DFND   4,700 0 0
AMBARELLA INC COM G037AX101 367 10,819 SH   DFND 1 10,819 0 0
AMERCO COM 023586100 1,624 6,830 SH   DFND   6,830 0 0
AMERICAN AXLE & MFG HLDGS IN COM 024061103 1,796 87,806 SH   DFND   87,806 0 0
AMERICAN INTL GROUP INC COM 026874784 1,209 23,682 SH   DFND   23,682 0 0
APOGEE ENTERPRISES INC COM 037598109 1,003 27,936 SH   DFND 1 27,936 0 0
APPLE INC COM 037833100 1,778 3,169 SH   DFND   3,169 0 0
APPLIED MICRO CIRCUITS CORP COM 03822W406 1,837 137,330 SH   DFND 1 137,330 0 0
ARROW ELECTRS INC COM 042735100 545 10,044 SH   DFND 1 10,044 0 0
ASCENT CAP GROUP INC NOTE 4.000% 7/1 043632AA6 1,728 1,620,000 PRN   DFND 2 1,620,000 0 0
ASSURED GUARANTY LTD COM G0585R106 1,492 63,235 SH   DFND   63,235 0 0
ATMEL CORP COM 049513104 124 15,788 SH   DFND 1 15,788 0 0
BARRETT BILL CORP NOTE 5.000% 3/1 06846NAA2 500 500,000 PRN   DFND 2 500,000 0 0
BASIC ENERGY SVCS INC NEW COM 06985P100 197 12,500 SH   DFND   12,500 0 0
BAYTEX ENERGY CORP COM 07317Q105 406 10,367 SH   DFND 1 10,367 0 0
BIODELIVERY SCIENCES INTL IN COM 09060J106 147 24,900 SH   DFND   24,900 0 0
CABLEVISION SYS CORP CL A 12686C109 424 23,671 SH   DFND   23,671 0 0
CAPITAL SR LIVING CORP COM 140475104 465 19,369 SH   DFND 1 19,369 0 0
CARROLS RESTAURANT GROUP INC COM 14574X104 1,646 249,058 SH   DFND   249,058 0 0
CEDAR FAIR L P DEPOSITRY UNIT 150185106 2,363 47,660 SH   DFND   47,660 0 0
CENTRAL GARDEN & PET CO CL A NON-VTG 153527205 901 133,415 SH   DFND   133,415 0 0
CF INDS HLDGS INC COM 125269100 1,642 7,046 SH   DFND   7,046 0 0
CHESAPEAKE ENERGY CORP COM 165167107 1,004 36,985 SH   DFND   36,985 0 0
CHESAPEAKE ENERGY CORP NOTE 2.500% 5/1 165167CA3 1,467 1,460,000 PRN   DFND 2 1,460,000 0 0
CIRRUS LOGIC INC COM 172755100 250 12,222 SH   DFND   12,222 0 0
CISCO SYS INC COM 17275R102 369 16,458 SH   DFND   16,458 0 0
CIT GROUP INC COM 125581801 1,172 22,482 SH   DFND   22,482 0 0
CITIGROUP INC COM 172967424 1,877 36,017 SH   DFND   36,017 0 0
CLEAN HARBORS INC COM 184496107 1,286 21,451 SH   DFND 1 21,451 0 0
CLEAR CHANNEL OUTDOOR HLDGS CL A 18451C109 320 31,597 SH   DFND   31,597 0 0
CLOUD PEAK ENERGY INC COM 18911Q102 297 16,500 SH   DFND   16,500 0 0
COBALT INTL ENERGY INC NOTE 2.625%12/0 19075FAA4 1,477 1,670,000 PRN   DFND 2 1,670,000 0 0
COMMAND SEC CORP COM 20050L100 296 145,819 SH   DFND   145,819 0 0
COMMVAULT SYSTEMS INC COM 204166102 234 3,120 SH   DFND   3,120 0 0
COMPUTER SCIENCES CORP COM 205363104 1,561 27,935 SH   DFND   27,935 0 0
COMPUWARE CORP COM 205638109 216 19,300 SH   DFND   19,300 0 0
COMSTOCK RES INC COM 205768203 937 51,227 SH   DFND 1 51,227 0 0
COMVERSE INC COM 20585P105 1,714 44,179 SH   DFND   44,179 0 0
CONNS INC COM 208242107 871 11,057 SH   DFND 1 11,057 0 0
CORNING INC COM 219350105 1,617 90,734 SH   DFND   90,734 0 0
CUBIST PHARMACEUTICALS INC NOTE 2.500%11/0 229678AD9 4,865 2,000,000 PRN   DFND 2 2,000,000 0 0
CYNOSURE INC CL A 232577205 1,655 62,032 SH   DFND 1 62,032 0 0
CYPRESS SEMICONDUCTOR CORP COM 232806109 1,369 130,335 SH   DFND 1 130,335 0 0
TA AIR LINES INC COM 247361702 756 27,518 SH   DFND   27,518 0 0
DFC GLOBAL CORP NOTE 3.250% 4/1 23324TAB3 357 400,000 PRN   DFND 2 400,000 0 0
DISH NETWORK CORP CL A 25470M109 2,026 34,981 SH   DFND   34,981 0 0
DOMTAR CORP COM 257559203 835 8,852 SH   DFND   8,852 0 0
E TRADE FINANCIAL CORP COM 269246401 945 48,100 SH   DFND   48,100 0 0
ELECTRO RENT CORP COM 285218103 493 26,595 SH   DFND   26,595 0 0
ENANTA PHARMACEUTICALS INC COM 29251M106 488 17,900 SH   DFND   17,900 0 0
ENERSYS COM 29275Y102 1,226 17,485 SH   DFND 1 17,485 0 0
EQUINIX INC COM 29444U502 313 1,766 SH   DFND   1,766 0 0
EXACT SCIENCES CORP COM 30063P105 572 48,899 SH   DFND 1 48,899 0 0
EXAR CORP COM 300645108 259 21,961 SH   DFND   21,961 0 0
EXTREME NETWORKS INC COM 30226D106 1,679 239,926 SH   DFND   239,926 0 0
FAIRPOINT COMMUNICATIONS INC COM 305560302 968 85,563 SH   DFND   85,563 0 0
FORWARD AIR CORP COM 349853101 1,024 23,314 SH   DFND 1 23,314 0 0
GENCORP INC COM 368682100 207 11,500 SH   DFND   11,500 0 0
GENERAL CABLE CORP 5.000%11/1 369300AL2 1,069 1,000,000 PRN   DFND 2 1,000,000 0 0
GENERAL MTRS CO COM 37045V100 3,058 74,824 SH   DFND   74,824 0 0
GOOGLE INC CL A 38259P508 1,276 1,139 SH   DFND   1,139 0 0
GRAY TELEVISION INC COM 389375106 1,460 98,091 SH   DFND   98,091 0 0
GW PHARMACEUTICALS PLC ADS 36197T103 249 6,000 SH   DFND   6,000 0 0
HALCON RES CORP COM 40537Q209 914 236,819 SH   DFND 1 236,819 0 0
HANESBRANDS INC COM 410345102 2,359 33,569 SH   DFND   33,569 0 0
HEARTWARE INTL INC COM 422368100 329 3,500 SH   DFND   3,500 0 0
IDERA PHARMACEUTICALS INC COM 45168K306 161 34,780 SH   DFND   34,780 0 0
INFINERA CORPORATION COM 45667G103 217 22,147 SH   DFND   22,147 0 0
INFOBLOX INC COM 45672H104 343 10,375 SH   DFND   10,375 0 0
INSULET CORP NOTE 3.750% 6/1 45784PAC5 1,528 1,040,000 PRN   DFND 2 1,040,000 0 0
INTEGRATED DEVICE TECHNOLOGY COM 458118106 396 38,833 SH   DFND   38,833 0 0
INTELSAT S A COM L5140P101 866 38,432 SH   DFND   38,432 0 0
ISHARES RUSSELL 2000 SHS 464287655 119 84,300 SH Put DFND   84,300 0 0
JOURNAL COMMUNICATIONS INC CL A 481130102 688 73,874 SH   DFND   73,874 0 0
JOY GLOBAL INC COM 481165108 319 5,458 SH   DFND   5,458 0 0
KAR AUCTION SVCS INC COM 48238T109 1,805 61,088 SH   DFND 1 61,088 0 0
KORN FERRY INTL COM 500643200 665 25,444 SH   DFND 1 25,444 0 0
LIBBEY INC COM 529898108 1,563 74,442 SH   DFND   74,442 0 0
LORAL SPACE & COMMUNICATNS I COM 543881106 1,757 21,699 SH   DFND   21,699 0 0
LYONDELLBASELL INDUSTRIES CL A N53745100 1,798 22,398 SH   DFND   22,398 0 0
MACQUARIE INFRASTR CO LLC MEMBERSHIP INT 55608B105 2,012 36,956 SH   DFND   36,956 0 0
MARTIN MARIETTA MATLS INC COM 573284106 1,254 12,549 SH   DFND 1 12,549 0 0
MBIA INC COM 55262C100 1,065 89,196 SH   DFND   89,196 0 0
MEDICINES CO DBCV 1.375% 6/0 584688AC9 1,368 910,000 PRN   DFND 2 910,000 0 0
MEDIVATION INC COM 58501N101 932 14,600 SH   DFND   14,600 0 0
METHODE ELECTRS INC COM 591520200 860 25,157 SH   DFND   25,157 0 0
MGC DIAGNOSTICS CORP COM 552768103 267 21,100 SH   DFND   21,100 0 0
MICRON TECHNOLOGY INC COM 595112103 3,213 147,673 SH   DFND   147,673 0 0
MICROSOFT CORP COM 594918104 3,592 95,959 SH   DFND   95,959 0 0
MONOTYPE IMAGING HOLDINGS IN COM 61022P100 561 17,612 SH   DFND   17,612 0 0
MONRO MUFFLER BRAKE INC COM 610236101 391 6,929 SH   DFND 1 6,929 0 0
MOODYS CORP COM 615369105 1,091 13,901 SH   DFND   13,901 0 0
MURPHY USA INC COM 626755102 1,770 42,598 SH   DFND   42,598 0 0
NEXSTAR BROADCASTING GROUP I CL A 65336K103 441 7,910 SH   DFND   7,910 0 0
NORWEGIAN CRUISE LINE HLDGS COM G66721104 887 24,996 SH   DFND 1 24,996 0 0
OCI PARTNERS LP COM 67091N108 2,130 77,170 SH   DFND   77,170 0 0
OCWEN FINL CORP COM 675746309 1,508 27,198 SH   DFND   27,198 0 0
ORBCOMM INC COM 68555P100 547 86,315 SH   DFND   86,315 0 0
OUTERWALL INC COM 690070107 795 11,825 SH   DFND 1 11,825 0 0
OWENS CORNING NEW COM 690742101 2,165 53,175 SH   DFND   53,175 0 0
PERFORMANT FINL CORP COM 71377E105 1,326 128,764 SH   DFND   128,764 0 0
PINNACLE ENTMT INC COM 723456109 741 28,497 SH   DFND   28,497 0 0
PINNACLE FOODS INC COM 72348P104 1,184 43,133 SH   DFND   43,133 0 0
PLX TECHNOLOGY INC COM 693417107 220 33,435 SH   DFND   33,435 0 0
PRECISION DRILLING CORP COM 74022D308 628 67,037 SH   DFND 1 67,037 0 0
PRUDENTIAL GLB SHT DUR HG YL COM 74433A109 1,882 108,482 SH   DFND   108,482 0 0
QUALCOMM INC COM 747525103 1,397 18,821 SH   DFND   18,821 0 0
QUALYS INC COM 74758T303 319 13,795 SH   DFND   13,795 0 0
QUANEX BUILDING PRODUCTS COR COM 747619104 1,640 82,350 SH   DFND   82,350 0 0
QUANTA SVCS INC COM 74762E102 1,015 32,175 SH   DFND 1 32,175 0 0
RADWARE LTD COM M81873107 1,051 58,468 SH   DFND 1 58,468 0 0
RE MAX HLDGS INC CL A 75524W108 2,093 65,275 SH   DFND   65,275 0 0
RESPONSYS INC COM 761248103 388 14,154 SH   DFND   14,154 0 0
RF MICRODEVICES INC COM 749941100 1,367 264,883 SH   DFND 1 264,883 0 0
ROCKWOOD HLDGS INC COM 774415103 759 10,556 SH   DFND   10,556 0 0
ROGERS CORP COM 775133101 1,128 18,343 SH   DFND 1 18,343 0 0
ROYAL CARIBBEAN CRUISES LTD COM V7780T103 1,054 22,222 SH   DFND 1 22,222 0 0
RTI INTL METALS INC NOTE 1.625%10/1 74973WAB3 1,051 1,000,000 PRN   DFND 2 1,000,000 0 0
SAFEWAY INC COM 786514208 411 12,604 SH   DFND   12,604 0 0
SANDISK CORP NOTE 1.500% 8/1 80004CAD3 2,948 2,000,000 PRN   DFND 2 2,000,000 0 0
SAREPTA THERAPEUTICS INC COM 803607100 346 16,980 SH   DFND   16,980 0 0
SCIENCE APPLICATNS INTL CP N COM 808625107 1,456 44,038 SH   DFND   44,038 0 0
SCRIPPS NETWORKS INTERACT IN CL A COM 811065101 436 5,045 SH   DFND   5,045 0 0
SEACHANGE INTL INC COM 811699107 527 43,353 SH   DFND   43,353 0 0
SEACOR HOLDINGS INC NOTE 2.500%12/1 811904AM3 1,691 1,380,000 PRN   DFND 2 1,380,000 0 0
SILICON MOTION TECHNOLOGY CO SPONSORED ADR 82706C108 504 35,600 SH   DFND   35,600 0 0
SINCLAIR BROADCAST GROUP INC CL A 829226109 397 11,109 SH   DFND   11,109 0 0
SIRIUS XM HLDGS INC COM 82968B103 403 115,428 SH   DFND   115,428 0 0
SKECHERS U S A INC CL A 830566105 656 19,788 SH   DFND 1 19,788 0 0
SKYWORKS SOLUTIONS INC COM 83088M102 1,410 49,385 SH   DFND 1 49,385 0 0
SOLERA HOLDINGS INC COM 83421A104 487 6,883 SH   DFND 1 6,883 0 0
SPDR GOLD TRUST GOLD SHS 78463V107 589 5,068 SH   DFND   5,068 0 0
SPLUNK INC COM 848637104 452 6,584 SH   DFND   6,584 0 0
SWIFT TRANSN CO CL A 87074U101 1,646 74,117 SH   DFND   74,117 0 0
SYKES ENTERPRISES INC COM 871237103 841 38,571 SH   DFND 1 38,571 0 0
TAKE-TWO INTERACTIVE SOFTWAR COM 874054109 1,765 101,590 SH   DFND   101,590 0 0
TAMINCO CORP COM 87509U106 1,241 61,382 SH   DFND   61,382 0 0
TEMPUR SEALY INTL INC COM 88023U101 1,171 21,710 SH   DFND 1 21,710 0 0
TESLA MTRS INC NOTE 1.500% 6/0 88160RAA9 4,151 3,000,000 PRN   DFND 2 3,000,000 0 0
TEXAS INDS INC COM 882491103 602 8,750 SH   DFND 1 8,750 0 0
TRIPADVISOR INC COM 896945201 248 3,000 SH   DFND   3,000 0 0
TRW AUTOMOTIVE HLDGS CORP COM 87264S106 2,725 36,636 SH   DFND   36,636 0 0
UBIQUITI NETWORKS INC COM 90347A100 484 10,522 SH   DFND   10,522 0 0
ULTRATECH INC COM 904034105 1,003 34,581 SH   DFND 1 34,581 0 0
UNITED CONTL HLDGS INC COM 910047109 1,056 27,920 SH   DFND   27,920 0 0
UNITED RENTALS INC COM 911363109 538 6,907 SH   DFND 1 6,907 0 0
VECTOR GROUP LTD NOTE 2.500% 1/19 92240MAY4 1,645 1,397,000 PRN   DFND 2 1,397,000 0 0
VERISIGN INC COM 92343E102 3,770 63,061 SH   DFND   63,061 0 0
VISTEON CORP COM 92839U206 602 7,350 SH   DFND   7,350 0 0
WAGEWORKS INC COM 930427109 490 8,237 SH   DFND   8,237 0 0
WALTER INVT MGMT CORP COM 93317W102 350 9,904 SH   DFND   9,904 0 0
WALTER INVT MGMT CORP NOTE 4.500%11/0 93317WAA0 947 948,000 PRN   DFND   948,000 0 0
WASTE MGMT INC COM 94106L109 2,000 44,570 SH   DFND   44,570 0 0
WCI CMNTYS INC COM 92923C807 2,034 106,569 SH   DFND   106,569 0 0
WENDYS CO COM 95058W100 1,553 178,106 SH   DFND 1 178,106 0 0
WINNEBAGO INDS INC COM 974637100 1,225 44,624 SH   DFND 1 44,624 0 0
WRIGHT MED GROUP INC NOTE 2.000% 8/1 98235TAC1 1,146 860,000 PRN   DFND 2 860,000 0 0
XERIUM TECHNOLOGIES INC COM 98416J118 445 27,015 SH   DFND   27,015 0 0
YAHOO INC COM 984332106 645 15,960 SH   DFND   15,960 0 0
ZEBRA TECHNOLOGIES CORP CL A 989207105 1,044 19,297 SH   DFND 1 19,297 0 0