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 INC SPON ADR REP A 31680Q104 320 7,680 SH   DFND   7,680 0 0
ALEXION PHARMACEUTICALS INC COM 015351109 2,923 19,217 SH   DFND   19,217 0 0
AMERCO COM 023586100 3,460 14,904 SH   DFND   14,904 0 0
AMERICAN AXLE & MFG HLDGS IN COM 024061103 2,823 152,445 SH   DFND   152,445 0 0
AMERICAN INTL GROUP INC COM 026874784 2,831 56,610 SH   DFND   56,610 0 0
APOGEE ENTERPRISES INC COM 037598109 838 25,210 SH   DFND 1 25,210 0 0
APPLE INC COM 037833100 2,227 4,150 SH   DFND   4,150 0 0
APPROACH RESOURCES INC COM 03834A103 440 21,047 SH   DFND 1 21,047 0 0
APTARGROUP INC COM 038336103 501 7,575 SH   DFND 1 7,575 0 0
ARROW ELECTRS INC COM 042735100 1,840 30,991 SH   DFND 1 30,991 0 0
ASSURED GUARANTY LTD COM G0585R106 1,601 63,235 SH   DFND   63,235 0 0
AUSPEX PHARMACEUTICALS INC COM 05211J102 410 13,317 SH   DFND   13,317 0 0
AUTOHOME INC SP ADR RP CL A 05278C107 667 17,360 SH   DFND   17,360 0 0
AVNET INC COM 053807103 933 20,045 SH   DFND 1 20,045 0 0
BASIC ENERGY SVCS INC COM 06985P100 393 14,356 SH   DFND   14,356 0 0
BENCHMARK ELECTRS INC COM 08160H101 1,359 60,020 SH   DFND 1 60,020 0 0
BIODELIVERY SCIENCES INTL INC COM 09060J106 568 67,339 SH   DFND   67,339 0 0
CABLEVISION SYS CORP CL A 12686C109 399 23,671 SH   DFND   23,671 0 0
CAPITAL SR LIVING CORP COM 140475104 610 23,482 SH   DFND 1 23,482 0 0
CARROLS RESTAURANT GROUP INC COM 14574X104 1,786 249,058 SH   DFND   249,058 0 0
CEDAR FAIR L P DEPOSITRY UNIT 150185106 3,370 66,160 SH   DFND   66,160 0 0
CEMEX SAB DE CV SPON ADR 151290889 2,408 190,667 SH   DFND   190,667 0 0
CENTRAL GARDEN & PET CO CL A NON-VTG 153527205 1,312 158,623 SH   DFND   158,623 0 0
CF INDS HLDGS INC COM 125269100 4,742 18,192 SH   DFND   18,192 0 0
CHESAPEAKE ENERGY CORP COM 165167107 1,335 52,095 SH   DFND   52,095 0 0
CIENA CORP COM 171779309 1,314 57,789 SH   DFND 1 57,789 0 0
CIRRUS LOGIC INC COM 172755100 425 21,399 SH   DFND   21,399 0 0
CIT GROUP INC COM 125581801 1,107 22,582 SH   DFND   22,582 0 0
CLEAN HARBORS INC COM 184496107 1,143 20,855 SH   DFND 1 20,855 0 0
CLEAR CHANNEL OUTDOOR HLDGS CL A 18451C109 288 31,597 SH   DFND   31,597 0 0
COMMAND SEC CORP COM 20050L100 255 145,819 SH   DFND   145,819 0 0
COMMVAULT SYSTEMS INC COM 204166102 897 13,818 SH   DFND 1 13,818 0 0
COMPUTER SCIENCES CORP COM 205363104 3,380 55,571 SH   DFND   55,571 0 0
COMSTOCK RES INC COM 205768203 1,439 62,984 SH   DFND 1 62,984 0 0
COMVERSE INC COM 20585P105 784 22,666 SH   DFND   22,666 0 0
CYPRESS SEMICONDUCTOR CORP COM 232806109 942 91,702 SH   DFND 1 91,702 0 0
DELTA AIR LINES INC DEL COM 247361702 1,321 38,118 SH   DFND   38,118 0 0
DISH NETWORK CORP CL A 25470M109 2,176 34,981 SH   DFND   34,981 0 0
DOMTAR CORP COM 257559203 703 6,262 SH   DFND   6,262 0 0
E TRADE FINANCIAL CORP COM 269246401 734 31,868 SH   DFND 1 31,868 0 0
EAGLE MATERIALS INC COM 26969P108 802 9,049 SH   DFND 1 9,049 0 0
ELECTRO RENT CORP COM 285218103 761 43,285 SH   DFND   43,285 0 0
ENANTA PHARMACEUTICALS INC COM 29251M106 2,356 58,924 SH   DFND   58,924 0 0
ENERSYS COM 29275Y102 1,847 26,659 SH   DFND 1 26,659 0 0
EURONET WORLDWIDE INC COM 298736109 1,664 40,002 SH   DFND 1 40,002 0 0
EXTREME NETWORKS INC COM 30226D106 2,712 467,666 SH   DFND   467,666 0 0
FAIRPOINT COMMUNICATIONS INC COM 305560302 1,164 85,563 SH   DFND   85,563 0 0
FINISH LINE INC CL A 317923100 1,345 49,660 SH   DFND 1 49,660 0 0
FORWARD AIR CORP COM 349853101 948 20,549 SH   DFND 1 20,549 0 0
FURIEX PHARMACEUTICALS INC COM 36106P101 1,789 20,558 SH   DFND   20,558 0 0
GENERAL MTRS CO COM 37045V100 5,894 171,240 SH   DFND   171,240 0 0
GOOGLE INC CL A 38259P508 1,011 907 SH   DFND   907 0 0
GRAY TELEVISION INC COM 389375106 1,017 98,091 SH   DFND   98,091 0 0
GREENBRIER COS INC COM 393657101 1,261 27,645 SH   DFND 1 27,645 0 0
GULFPORT ENERGY CORP COM 402635304 560 7,868 SH   DFND 1 7,868 0 0
HALCON RES CORP COM 40537Q209 968 223,589 SH   DFND 1 223,589 0 0
HANESBRANDS INC COM 410345102 2,201 28,784 SH   DFND   28,784 0 0
HAWAIIAN HOLDINGS INC COM 419879101 999 71,578 SH   DFND   71,578 0 0
IAC INTERACTIVECORP COM 44919P508 449 6,290 SH   DFND   6,290 0 0
INTELSAT S A COM L5140P101 719 38,432 SH   DFND   38,432 0 0
INTERMUNE INC COM 45884X103 1,530 45,725 SH   DFND   45,725 0 0
ISHARES RUSSELL 2000 ETF 464287655 405 193,500 SH Put DFND   193,500 0 0
JDS UNIPHASE CORP COM 46612J507 1,238 88,451 SH   DFND 1 88,451 0 0
JOURNAL COMMUNICATIONS INC CL A 481130102 1,015 114,525 SH   DFND   114,525 0 0
JOY GLOBAL INC COM 481165108 951 16,391 SH   DFND   16,391 0 0
KAR AUCTION SVCS INC COM 48238T109 705 23,240 SH   DFND 1 23,240 0 0
KEYW HLDG CORP COM 493723100 903 48,260 SH   DFND 1 48,260 0 0
KNIGHT TRANSN INC COM 499064103 1,347 58,245 SH   DFND 1 58,245 0 0
KORN FERRY INTL COM 500643200 713 23,938 SH   DFND 1 23,938 0 0
LENNOX INTL INC COM 526107107 653 7,185 SH   DFND 1 7,185 0 0
LINKEDIN CORP COM CL A 53578A108 320 1,729 SH   DFND   1,729 0 0
LORAL SPACE & COMMUNICATNS I COM 543881106 1,535 21,699 SH   DFND   21,699 0 0
LYONDELLBASELL INDUSTRIES CL A N53745100 1,992 22,398 SH   DFND   22,398 0 0
MACQUARIE INFRASTR CO LLC MEMBERSHIP INT 55608B105 2,116 36,956 SH   DFND   36,956 0 0
MATRIX SVC CO COM 576853105 695 20,580 SH   DFND 1 20,580 0 0
MBIA INC COM 55262C100 1,248 89,196 SH   DFND   89,196 0 0
MEDIVATION INC COM 58501N101 3,676 57,101 SH   DFND   57,101 0 0
MERITOR INC NOTE 7.875% 3/0 59001KAC4 1,526 1,000,000 PRN   DFND   1,000,000 0 0
METHODE ELECTRS INC COM 591520200 1,919 62,579 SH   DFND   62,579 0 0
MGC DIAGNOSTICS CORP COM 552768103 242 21,700 SH   DFND   21,700 0 0
MICRON TECHNOLOGY INC COM 595112103 4,567 193,040 SH   DFND   193,040 0 0
MICROSOFT CORP COM 594918104 3,662 89,349 SH   DFND   89,349 0 0
MOBILE MINI INC COM 60740F105 1,467 33,844 SH   DFND 1 33,844 0 0
MONOTYPE IMAGING HOLDINGS INC COM 61022P100 641 21,262 SH   DFND   21,262 0 0
MURPHY USA INC COM 626755102 2,995 73,798 SH   DFND   73,798 0 0
NATUS MEDICAL INC COM 639050103 419 16,256 SH   DFND 1 16,256 0 0
NEXSTAR BROADCASTING GROUP INC CL A 65336K103 297 7,910 SH   DFND   7,910 0 0
NICE SYS LTD SPONSORED ADR 653656108 792 17,744 SH   DFND 1 17,744 0 0
NORWEGIAN CRUISE LINE HLDGS SHS G66721104 304 9,421 SH   DFND 1 9,421 0 0
OCI PARTNERS LP COM 67091N108 2,194 102,352 SH   DFND   102,352 0 0
OCWEN FINL CORP COM 675746309 1,293 33,014 SH   DFND   33,014 0 0
ORBCOMM INC COM 68555P100 1,016 148,330 SH   DFND   148,330 0 0
OSI SYSTEMS INC COM 671044105 1,403 23,446 SH   DFND 1 23,446 0 0
OWENS CORNING COM 690742101 3,224 74,675 SH   DFND   74,675 0 0
PERFORMANT FINL CORP COM 71377E105 1,082 119,575 SH   DFND   119,575 0 0
PIER 1 IMPORTS INC COM 720279108 992 52,533 SH   DFND 1 52,533 0 0
PINNACLE ENTMT INC COM 723456109 675 28,497 SH   DFND   28,497 0 0
PINNACLE FOODS INC COM 72348P104 1,657 55,485 SH   DFND   55,485 0 0
PLANTRONICS INC COM 727493108 1,028 23,132 SH   DFND 1 23,132 0 0
PMC-SIERRA INC COM 69344F106 527 69,202 SH   DFND 1 69,202 0 0
PRECISION DRILLING CORP COM 74022D308 694 57,967 SH   DFND 1 57,967 0 0
PRUDENTIAL GLB SHT DUR HG YL COM 74433A109 4,759 270,860 SH   DFND   270,860 0 0
QUALCOMM INC COM 747525103 2,224 28,203 SH   DFND   28,203 0 0
QUANEX BUILDING PRODUCTS CORP COM 747619104 1,204 58,205 SH   DFND 1 58,205 0 0
QUANTA SVCS INC COM 74762E102 1,453 39,386 SH   DFND 1 39,386 0 0
RADWARE LTD ORD M81873107 705 39,897 SH   DFND 1 39,897 0 0
RE MAX HLDGS INC CL A 75524W108 2,852 98,932 SH   DFND   98,932 0 0
REGAL ENTMT GROUP CL A 758766109 730 39,066 SH   DFND 1 39,066 0 0
RF MICRODEVICES INC COM 749941100 510 64,665 SH   DFND 1 64,665 0 0
ROCKWOOD HLDGS INC COM 774415103 785 10,556 SH   DFND   10,556 0 0
ROGERS CORP COM 775133101 753 12,069 SH   DFND 1 12,069 0 0
RYDER SYS INC COM 783549108 1,202 15,043 SH   DFND 1 15,043 0 0
SAIA INC COM 78709Y105 673 17,611 SH   DFND 1 17,611 0 0
SANCHEZ ENERGY CORP COM 79970Y105 579 19,536 SH   DFND 1 19,536 0 0
SAREPTA THERAPEUTICS INC COM 803607100 947 39,404 SH   DFND   39,404 0 0
SCIENCE APPLICATNS INTL COM 808625107 2,313 61,866 SH   DFND   61,866 0 0
SILICON MOTION TECHNOLOGY CO SPONSORED ADR 82706C108 1,457 86,818 SH   DFND   86,818 0 0
SINA CORP ORD G81477104 405 6,710 SH   DFND   6,710 0 0
SINCLAIR BROADCAST GROUP INC CL A 829226109 301 11,109 SH   DFND   11,109 0 0
SIRIUS XM HLDGS INC COM 82968B103 369 115,428 SH   DFND   115,428 0 0
SKECHERS U S A INC CL A 830566105 700 19,145 SH   DFND 1 19,145 0 0
SKYWORKS SOLUTIONS INC COM 83088M102 877 23,365 SH   DFND 1 23,365 0 0
SPDR GOLD TRUST GOLD SHS 78463V107 626 5,068 SH   DFND   5,068 0 0
SUNEDISON INC COM 86732Y109 1,392 73,896 SH   DFND   73,896 0 0
SUNPOWER CORP COM 867652406 778 24,105 SH   DFND   24,105 0 0
SWIFT TRANSN CO CL A 87074U101 3,128 126,377 SH   DFND 1 126,377 0 0
TAKE-TWO INTERACTIVE SOFTWAR COM 874054109 3,026 137,980 SH   DFND   137,980 0 0
TAMINCO CORP COM 87509U106 1,629 77,518 SH   DFND   77,518 0 0
TEMPUR SEALY INTL INC COM 88023U101 2,067 40,791 SH   DFND 1 40,791 0 0
TERADYNE INC COM 880770102 713 35,867 SH   DFND 1 35,867 0 0
TEXAS PAC LD TR SUB CTF PROP I T 882610108 529 4,087 SH   DFND   4,087 0 0
TRANSDIGM GROUP INC COM 893641100 202 1,093 SH   DFND 1 1,093 0 0
TREX CO INC COM 89531P105 858 11,721 SH   DFND 1 11,721 0 0
TRIPADVISOR INC COM 896945201 1,061 11,711 SH   DFND   11,711 0 0
TRW AUTOMOTIVE HLDGS CORP COM 87264S106 2,722 33,344 SH   DFND   33,344 0 0
U S SILICA HLDGS INC COM 90346E103 259 6,787 SH   DFND 1 6,787 0 0
ULTRATECH INC COM 904034105 1,714 58,704 SH   DFND 1 58,704 0 0
UNITED CONTL HLDGS INC COM 910047109 1,719 38,520 SH   DFND   38,520 0 0
USANA HEALTH SCIENCES INC COM 90328M107 816 10,836 SH   DFND 1 10,836 0 0
VERISIGN INC COM 92343E102 3,607 66,917 SH   DFND   66,917 0 0
VISTEON CORP COM 92839U206 650 7,350 SH   DFND   7,350 0 0
WALTER INVT MGMT CORP COM 93317W102 295 9,904 SH   DFND   9,904 0 0
WALTER INVT MGMT CORP NOTE 4.500%11/0 93317WAA0 895 948,000 PRN   DFND   948,000 0 0
WASTE MGMT INC DEL COM 94106L109 2,935 69,754 SH   DFND   69,754 0 0
WCI CMNTYS INC COM 92923C807 3,089 156,307 SH   DFND   156,307 0 0
WEIGHT WATCHERS INTL INC NEW COM 948626106 189 37,400 SH Put DFND   37,400 0 0
WENDYS CO COM 95058W100 1,268 139,012 SH   DFND   139,012 0 0
WINNEBAGO INDS INC COM 974637100 1,002 36,577 SH   DFND 1 36,577 0 0
XERIUM TECHNOLOGIES INC COM 98416J118 778 48,478 SH   DFND   48,478 0 0
YRC WORLDWIDE INC COM 984249607 1,179 52,412 SH   DFND   52,412 0 0