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 322 6,100 SH   SOLE 6,100 0 0
ACCO BRANDS CORP COM 00081T108 192 28,500 SH   SOLE 28,500 0 0
ACTIVISION BLIZZARD INC COM 00507V109 267 15,000 SH   SOLE 15,000 0 0
ALEXANDER & BALDWIN INC NEW COM 014491104 651 15,600 SH   SOLE 15,600 0 0
ALEXANDERS INC COM 014752109 215 650 SH   SOLE 650 0 0
ALLIANCE DATA SYSTEMS CORP COM 018581108 289 1,100 SH   SOLE 1,100 0 0
AMC NETWORKS INC CL A 00164V103 313 4,600 SH   SOLE 4,600 0 0
AMERICAN RLTY CAP PPTYS INC COM 02917T104 198 15,400 SH   SOLE 15,400 0 0
ANAREN INC COM 032744104 893 31,900 SH   SOLE 31,900 0 0
ANNALY CAP MGMT INC COM 035710409 176 17,700 SH   SOLE 17,700 0 0
ASIAINFO-LINKAGE INC COM 04518A104 5,069 423,826 SH   SOLE 423,826 0 0
AXIALL CORP COM 05463D100 327 6,900 SH   SOLE 6,900 0 0
BABCOCK & WILCOX CO NEW COM 05615F102 650 19,000 SH   SOLE 19,000 0 0
BEAM INC COM 073730103 320 4,700 SH   SOLE 4,700 0 0
BHP BILLITON LTD SPONSORED ADR 088606108 227 3,325 SH   SOLE 3,325 0 0
BROOKFIELD OFFICE PPTYS INC COM 112900105 2,350 122,100 SH   SOLE 122,100 0 0
BROOKFIELD PPTY PARTNERS L P UNIT LTD PARTN G16249107 205 10,300 SH   SOLE 10,300 0 0
CAMCO FINL CORP COM 132618109 668 100,000 SH   SOLE 100,000 0 0
CAPITALSOURCE INC COM 14055X102 3,736 260,000 SH   SOLE 260,000 0 0
CBS CORP NEW CL B 124857202 370 5,800 SH   SOLE 5,800 0 0
CHEMED CORP NEW COM 16359R103 222 2,900 SH   SOLE 2,900 0 0
COLEMAN CABLE INC COM 193459302 787 30,000 SH   SOLE 30,000 0 0
COMCAST CORP NEW CL A SPL 20030N200 2,354 47,200 SH   SOLE 47,200 0 0
CONSOLIDATED GRAPHICS INC COM 209341106 1,007 14,925 SH   SOLE 14,925 0 0
CORNERSTONE THERAPEUTICS INC COM 21924P103 314 33,085 SH   SOLE 33,085 0 0
CST BRANDS INC COM 12646R105 734 20,000 SH   SOLE 20,000 0 0
CVS CAREMARK CORPORATION COM 126650100 444 6,200 SH   SOLE 6,200 0 0
DISCOVERY COMMUNICATNS NEW COM SER C 25470F302 1,300 15,500 SH   SOLE 15,500 0 0
DISNEY WALT CO COM DISNEY 254687106 825 10,800 SH   SOLE 10,800 0 0
DYNAMICS RESH CORP COM 268057106 172 15,000 SH   SOLE 15,000 0 0
EASTERN INS HLDGS INC COM 276534104 1,042 42,545 SH   SOLE 42,545 0 0
EMERSON ELEC CO COM 291011104 225 3,200 SH   SOLE 3,200 0 0
ERA GROUP INC COM 26885G109 238 7,700 SH   SOLE 7,700 0 0
EXELIS INC COM 30162A108 391 20,500 SH   SOLE 20,500 0 0
FISERV INC COM 337738108 248 4,200 SH   SOLE 4,200 0 0
FLOW INTL CORP COM 343468104 726 180,200 SH   SOLE 180,200 0 0
FORTUNE BRANDS HOME & SEC IN COM 34964C106 731 16,000 SH   SOLE 16,000 0 0
GAMING & LEISURE PPTYS INC COM 36467J108 218 4,300 SH   SOLE 4,300 0 0
GENTIUM S P A SPONSORED ADR 37250B104 571 10,000 SH   SOLE 10,000 0 0
GIANT INTERACTIVE GROUP INC ADR 374511103 225 20,000 SH   SOLE 20,000 0 0
GIVEN IMAGING ORD SHS M52020100 842 28,000 SH   SOLE 28,000 0 0
GOLAR LNG LTD BERMUDA SHS G9456A100 219 6,047 SH   SOLE 6,047 0 0
GREEN MTN COFFEE ROASTERS IN COM 393122106 227 3,000 SH   SOLE 3,000 0 0
HARRIS TEETER SUPERMARKETS I COM 414585109 2,764 56,000 SH   SOLE 56,000 0 0
HCA HOLDINGS INC COM 40412C101 291 6,100 SH   SOLE 6,100 0 0
HEALTH MGMT ASSOC INC NEW CL A 421933102 3,747 285,994 SH   SOLE 285,994 0 0
HERTZ GLOBAL HOLDINGS INC COM 42805T105 286 10,000 SH   SOLE 10,000 0 0
HILLSHIRE BRANDS CO COM 432589109 311 9,300 SH   SOLE 9,300 0 0
HOME DEPOT INC COM 437076102 231 2,800 SH   SOLE 2,800 0 0
HOWARD HUGHES CORP COM 44267D107 300 2,500 SH   SOLE 2,500 0 0
HUDSON CITY BANCORP COM 443683107 4,088 433,500 SH   SOLE 433,500 0 0
HUNTINGTON INGALLS INDS INC COM 446413106 738 8,200 SH   SOLE 8,200 0 0
ICONIX BRAND GROUP INC COM 451055107 222 5,600 SH   SOLE 5,600 0 0
ILLUMINA INC COM 452327109 232 2,100 SH   SOLE 2,100 0 0
ISHARES MSCI CDA ETF 464286509 262 9,000 SH   SOLE 9,000 0 0
ISHARES INTRM GOV/CR ETF 464288612 816 7,460 SH   SOLE 7,460 0 0
ISHARES FLTG RATE BD ETF 46429B655 1,946 38,375 SH   SOLE 38,375 0 0
ITT CORP NEW COM NEW 450911201 449 10,350 SH   SOLE 10,350 0 0
JDS UNIPHASE CORP COM PAR $0.001 46612J507 966 74,400 SH   SOLE 74,400 0 0
JONES GROUP INC COM 48020T101 150 10,000 SH   SOLE 10,000 0 0
KRAFT FOODS GROUP INC COM 50076Q106 318 5,900 SH   SOLE 5,900 0 0
LEIDOS HLDGS INC COM 525327102 246 5,300 SH   SOLE 5,300 0 0
LENDER PROCESSING SVCS INC COM 52602E102 374 10,000 SH   SOLE 10,000 0 0
LIBERTY INTERACTIVE CORP INT COM SER A 53071M104 564 19,200 SH   SOLE 19,200 0 0
LIBERTY INTERACTIVE CORP LBT VENT COM A 53071M880 392 3,200 SH   SOLE 3,200 0 0
LIFE TECHNOLOGIES CORP COM 53217V109 2,653 35,000 SH   SOLE 35,000 0 0
LSI CORPORATION COM 502161102 221 20,000 SH   SOLE 20,000 0 0
MADISON SQUARE GARDEN CO CL A 55826P100 265 4,600 SH   SOLE 4,600 0 0
MALLINCKRODT PUB LTD CO SHS G5785G107 690 13,200 SH   SOLE 13,200 0 0
MARATHON PETE CORP COM 56585A102 725 7,900 SH   SOLE 7,900 0 0
MARRIOTT VACATIONS WRLDWDE C COM 57164Y107 485 9,200 SH   SOLE 9,200 0 0
MATSON INC COM 57686G105 251 9,600 SH   SOLE 9,600 0 0
MICROCHIP TECHNOLOGY INC COM 595017104 316 7,052 SH   SOLE 7,052 0 0
MONDELEZ INTL INC CL A 609207105 471 13,350 SH   SOLE 13,350 0 0
MOTOROLA SOLUTIONS INC COM NEW 620076307 702 10,400 SH   SOLE 10,400 0 0
NATIONAL BK HLDGS CORP CL A 633707104 229 10,700 SH   SOLE 10,700 0 0
NEW RESIDENTIAL INVT CORP COM 64828T102 277 41,500 SH   SOLE 41,500 0 0
NEWS CORP NEW CL B 65249B208 1,160 65,048 SH   SOLE 65,048 0 0
NTS INC NEV COM 62943B105 59 30,000 SH   SOLE 30,000 0 0
PACTERA TECHNOLOGY INTL LTD SPONSORED ADR 695255109 1,288 180,200 SH   SOLE 180,200 0 0
PENN NATL GAMING INC COM 707569109 203 14,200 SH   SOLE 14,200 0 0
PENTAIR LTD SHS H6169Q108 738 9,500 SH   SOLE 9,500 0 0
PETROLEO BRASILEIRO SA PETRO SPONSORED ADR 71654V408 882 64,000 SH   SOLE 64,000 0 0
PFIZER INC COM 717081103 213 6,942 SH   SOLE 6,942 0 0
PHILLIPS 66 COM 718546104 802 10,400 SH   SOLE 10,400 0 0
PLAINS ALL AMERN PIPELINE L UNIT LTD PARTN 726503105 280 5,400 SH   SOLE 5,400 0 0
POST HLDGS INC COM 737446104 611 12,400 SH   SOLE 12,400 0 0
PPG INDS INC COM 693506107 721 3,800 SH   SOLE 3,800 0 0
PRIMERICA INC COM 74164M108 292 6,800 SH   SOLE 6,800 0 0
PVR PARTNERS L P COM UNIT REPTG L 693665101 3,354 125,000 SH   SOLE 125,000 0 0
QEP RES INC COM 74733V100 322 10,500 SH   SOLE 10,500 0 0
RDA MICROELECTRONICS INC SPONSORED ADR 749394102 3,863 216,075 SH   SOLE 216,075 0 0
RENAISSANCERE HOLDINGS LTD COM G7496G103 1,071 11,000 SH   SOLE 11,000 0 0
RESPONSYS INC COM 761248103 839 30,600 SH   SOLE 30,600 0 0
RIO ALTO MNG LTD NEW COM 76689T104 184 104,000 SH   SOLE 104,000 0 0
ROYAL DUTCH SHELL PLC SPONS ADR A 780259206 1,504 21,100 SH   SOLE 21,100 0 0
SANTARUS INC COM 802817304 1,278 40,000 SH   SOLE 40,000 0 0
SCIENCE APPLICATNS INTL CP N COM 808625107 658 19,900 SH   SOLE 19,900 0 0
SELECT SECTOR SPDR TR SBI CONS DISCR 81369Y407 426 6,381 SH   SOLE 6,381 0 0
SELECT SECTOR SPDR TR SBI INT-UTILS 81369Y886 371 9,779 SH   SOLE 9,779 0 0
SOLTA MED INC COM 83438K103 148 50,000 SH   SOLE 50,000 0 0
SOUTHERN COPPER CORP COM 84265V105 200 6,967 SH   SOLE 6,967 0 0
SPDR S&P MIDCAP 400 ETF TR UTSER1 S&PDCRP 78467Y107 2,906 11,900 SH   SOLE 11,900 0 0
STARZ COM SER A 85571Q102 363 12,400 SH   SOLE 12,400 0 0
STERLING FINL CORP WASH COM NEW 859319303 1,597 46,854 SH   SOLE 46,854 0 0
SUBURBAN PROPANE PARTNERS L UNIT LTD PARTN 864482104 628 13,400 SH   SOLE 13,400 0 0
SUNCOKE ENERGY INC COM 86722A103 376 16,500 SH   SOLE 16,500 0 0
SYSCO CORP COM 871829107 361 10,000 SH   SOLE 10,000 0 0
TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADR 874039100 183 10,475 SH   SOLE 10,475 0 0
TALISMAN ENERGY INC COM 87425E103 236 19,100 SH   SOLE 19,100 0 0
TELUS CORP COM 87971M103 475 13,000 SH   SOLE 13,000 0 0
THE ADT CORPORATION COM 00101J106 267 6,600 SH   SOLE 6,600 0 0
THOMPSON CREEK METALS CO INC COM 884768102 51 21,900 SH   SOLE 21,900 0 0
TOWER FINANCIAL CORP COM 891769101 1,242 50,000 SH   SOLE 50,000 0 0
TRIPADVISOR INC COM 896945201 315 3,800 SH   SOLE 3,800 0 0
TWENTY FIRST CENTY FOX INC CL B 90130A200 11,816 341,500 SH   SOLE 341,500 0 0
TYCO INTERNATIONAL LTD SHS H89128104 648 15,800 SH   SOLE 15,800 0 0
UNITED FINANCIAL BANCORP INC COM 91030T109 1,511 80,000 SH   SOLE 80,000 0 0
UNITED ONLINE INC COM NEW 911268209 149 10,800 SH   SOLE 10,800 0 0
VALASSIS COMMUNICATIONS INC COM 918866104 685 20,000 SH   SOLE 20,000 0 0
VANGUARD BD INDEX FD INC INTERMED TERM 921937819 806 9,869 SH   SOLE 9,869 0 0
VANGUARD INDEX FDS S&P 500 ETF SHS 922908363 422 2,493 SH   SOLE 2,493 0 0
VIRGINIA COMM BANCORP INC COM 92778Q109 3,228 190,000 SH   SOLE 190,000 0 0
WHITEWAVE FOODS CO COM CL A 966244105 711 31,006 SH   SOLE 31,006 0 0
WI-LAN INC COM 928972108 174 48,900 SH   SOLE 48,900 0 0
WPX ENERGY INC COM 98212B103 707 34,700 SH   SOLE 34,700 0 0
XYLEM INC COM 98419M100 422 12,200 SH   SOLE 12,200 0 0
XYRATEX LTD COM G98268108 456 34,300 SH   SOLE 34,300 0 0
ZOETIS INC CL A 98978V103 572 17,500 SH   SOLE 17,500 0 0
ZOLTEK COS INC COM 98975W104 1,066 63,646 SH   SOLE 63,646 0 0