Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
—	SPDR S&P 500 ETF TR	553	$10.6M	13.4%	$74379.57	—	PUT	78462F953
SSO	PROSHARES TR	189,756	$10.55M	13.3%	$107.23	—	PSHS ULT S&P 500	74347R107
SPY	SPDR S&P 500 ETF TR	35,182	$6.742M	8.5%	$200.55	—	TR UNIT	78462F103
GM	GENERAL MTRS CO	159,909	$4.8M	6.1%	$24.46	-1.2%	COM	37045V100
—	ISHARES TR	208,445	$4.73M	6.0%	$22.69	—	HDG MSCI GERMN	46434V704
AAPL	APPLE INC	28,504	$3.144M	4.0%	$24.50	+7.3%	COM	037833100
—	GOOGLE INC	4,610	$2.805M	3.5%	$527.66	—	CL C	38259P706
C	CITIGROUP INC	49,915	$2.476M	3.1%	$39.68	+2.7%	COM NEW	172967424
MU	MICRON TECHNOLOGY INC	101,789	$1.525M	1.9%	$23.23	-27.8%	COM	595112103
—	MARKET VECTORS ETF TR	76,662	$1.502M	1.9%	$23.93	—	JR GOLD MINERS E	57061R544
—	HEWLETT PACKARD CO	56,772	$1.454M	1.8%	$30.31	—	COM	428236103
AMGN	AMGEN INC	9,700	$1.342M	1.7%	$116.24	0.0%	COM	031162100
PMT	PENNYMAC MTG INVT TR	85,317	$1.32M	1.7%	$15.47	—	COM	70931T103
—	ST JUDE MED INC	20,653	$1.303M	1.6%	$67.63	—	COM	790849103
—	GLAXOSMITHKLINE PLC	33,350	$1.282M	1.6%	$38.44	—	SPONSORED ADR	37733W105
MRK	MERCK & CO INC NEW	22,928	$1.132M	1.4%	$40.07	-4.2%	COM	58933Y105
—	INVESCO MORTGAGE CAPITAL INC	78,147	$957K	1.2%	$12.25	—	COM	46131B100
BRK/B	BERKSHIRE HATHAWAY INC DEL	7,318	$954K	1.2%	$143.24	-4.4%	CL B NEW	084670702
AMAT	APPLIED MATLS INC	63,249	$929K	1.2%	$18.01	-18.2%	COM	038222105
—	SCORPIO BULKERS INC	614,077	$897K	1.1%	$1.86	—	SHS	Y7546A106
—	IAC INTERACTIVECORP	13,566	$885K	1.1%	$60.98	—	COM PAR $.001	44919P508
—	ALTISOURCE RESIDENTIAL CORP	61,953	$862K	1.1%	$13.91	—	CL B	02153W100
AAL	AMERICAN AIRLS GROUP INC	20,607	$800K	1.0%	$43.08	-9.2%	COM	02376R102
IBB	ISHARES TR	2,600	$789K	1.0%	$303.46	—	NASDQ BIOTEC ETF	464287556
BIDU	BAIDU INC	5,051	$694K	0.9%	$137.40	—	SPON ADR REP A	056752108
—	MYLAN N V	15,516	$625K	0.8%	$40.28	—	SHS EURO	N59465109
BABA	ALIBABA GROUP HLDG LTD	10,559	$623K	0.8%	$94.64	—	SPONSORED ADS	01609W102
—	MARKET VECTORS ETF TR	41,195	$566K	0.7%	$13.74	—	GOLD MINER ETF	57060U100
—	BOARDWALK PIPELINE PARTNERS	46,954	$553K	0.7%	$14.58	—	UT LTD PARTNER	096627104
—	UCP INC	81,901	$550K	0.7%	$9.89	—	CL A	90265Y106
—	JUNO THERAPEUTICS	13,376	$544K	0.7%	$52.81	—	COM	48205A109
FXI	ISHARES TR	15,303	$543K	0.7%	$35.48	—	CHINA LG-CAP ETF	464287184
—	KEURIG GREEN MTN INC	10,204	$532K	0.7%	$52.14	—	COM	49271M100
DXJ	WISDOMTREE TR	9,950	$484K	0.6%	$48.64	—	JAPN HEDGE EQT	97717W851
BB	BLACKBERRY LTD	75,802	$465K	0.6%	$9.24	-19.3%	COM	09228F103
—	NEKTAR THERAPEUTICS	40,353	$442K	0.6%	$12.38	—	COM	640268108
—	GENERAL MTRS CO	17,189	$437K	0.6%	$25.07	—	*W EXP 07/10/201	37045V118
AZN	ASTRAZENECA PLC	13,017	$414K	0.5%	$63.69	—	SPONSORED ADR	046353108
TWI	TITAN INTL INC ILL	62,484	$413K	0.5%	$10.22	-16.3%	COM	88830M102
—	EMERGENT CAP INC	75,245	$410K	0.5%	$5.45	—	COM	29102N105
BP	BP PLC	12,000	$367K	0.5%	$31.06	—	SPONSORED ADR	055622104
EEM	ISHARES TR	10,300	$338K	0.4%	$32.82	—	MSCI EMG MKT ETF	464287234
RL	RALPH LAUREN CORP	2,700	$319K	0.4%	$98.20	-1.9%	CL A	751212101
—	NORTHSTAR ASSET MGMT GROUP I	21,430	$308K	0.4%	$20.04	—	COM	66705Y104
—	GENERAL MTRS CO	17,413	$306K	0.4%	$17.00	—	*W EXP 07/10/201	37045V126
—	CELLDEX THERAPEUTICS INC NEW	27,301	$288K	0.4%	$18.89	—	COM	15117B103
AIG	AMERICAN INTL GROUP INC	4,768	$271K	0.3%	$41.13	+14.7%	COM NEW	026874784
FCX	FREEPORT-MCMORAN INC	26,164	$254K	0.3%	$10.82	0.0%	CL B	35671D857
—	ALTISOURCE ASSET MGMT CORP	10,476	$251K	0.3%	$23.96	—	COM	02153X108
MTG	MGIC INVT CORP WIS	25,532	$236K	0.3%	$8.78	+20.7%	COM	552848103
—	STOCK BLDG SUPPLY HLDGS INC	13,104	$231K	0.3%	$15.34	—	COM	86101X104
—	AMERICAN CAPITAL AGENCY CORP	11,800	$221K	0.3%	$18.73	—	COM	02503X105
EWZ	ISHARES	10,000	$220K	0.3%	$22.00	—	MSCI BRZ CAP ETF	464286400
—	MORGANS HOTEL GROUP CO	64,957	$216K	0.3%	$3.33	—	COM	61748W108
—	BARRICK GOLD CORP	33,730	$215K	0.3%	$6.37	—	COM	067901108
—	SOHU COM INC	5,000	$207K	0.3%	$41.40	—	COM	83408W103
—	VEREIT INC	26,629	$206K	0.3%	$7.74	—	COM	92339V100
—	SUNEDISON INC	22,931	$187K	0.2%	$8.15	—	CALL	86732Y909
GNW	GENWORTH FINL INC	39,664	$183K	0.2%	$10.50	-44.0%	COM CL A	37247D106
—	SINA CORP	4,478	$180K	0.2%	$40.20	—	ORD	G81477104
OSG	AMBAC FINL GROUP INC	12,120	$175K	0.2%	$22.82	-28.9%	COM NEW	023139884
GHC	GRAHAM HLDGS CO	295	$170K	0.2%	$438.71	+35.8%	COM	384637104
EWY	ISHARES	3,325	$162K	0.2%	$48.72	—	MSCI STH KOR ETF	464286772
Z	ZILLOW GROUP INC	5,000	$135K	0.2%	$26.10	0.0%	CL C CAP STK	98954M200
—	SPARK NETWORKS INC	45,892	$132K	0.2%	$3.53	—	COM	84651P100
—	ONCOTHYREON INC	46,658	$128K	0.2%	$3.73	—	COM	682324108
—	BLACKSTONE GROUP L P	3,615	$115K	0.1%	$31.81	—	COM UNIT LTD	09253U108
—	MARKET VECTORS ETF TR	3,665	$101K	0.1%	$27.56	—	OIL SVCS ETF	57060U191
—	XENOPORT INC	27,358	$95,000	0.1%	$7.12	—	COM	98411C100
—	MARVELL TECHNOLOGY GROUP LTD	10,460	$95,000	0.1%	$14.50	—	ORD	G5876H105
—	CLIFFS NAT RES INC	36,626	$89,000	0.1%	$2.78	—	COM	18683K101
NBIS	YANDEX N V	8,100	$87,000	0.1%	$14.55	—	SHS CLASS A	N97284108
—	ALTISOURCE PORTFOLIO SOLNS S	3,103	$74,000	0.1%	$12.86	—	REG SHS	L0175J104
AG	FIRST MAJESTIC SILVER CORP	22,873	$73,000	0.1%	$5.51	-36.6%	COM	32076V103
—	GULFPORT ENERGY CORP	2,389	$71,000	0.1%	$38.07	—	COM NEW	402635304
—	EUROSEAS LTD	13,374	$62,000	0.1%	$0.76	—	COM NEW	Y23592200
—	LEJU HLDGS LTD	10,408	$58,000	0.1%	$5.57	—	SPONSORED ADS	50187J108
—	TRILLIUM THERAPEUTICS INC	4,392	$57,000	0.1%	$21.07	—	COM NEW	89620X506
EQS	EQUUS TOTAL RETURN INC	31,974	$56,000	0.1%	$2.11	-14.7%	COM	294766100
—	ASTROTECH CORP	24,692	$51,000	0.1%	$2.41	—	COM	046484101
—	WPX ENERGY INC	7,500	$50,000	0.1%	$10.93	—	COM	98212B103
—	OCWEN FINL CORP	7,402	$50,000	0.1%	$14.62	—	COM NEW	675746309
—	HERTZ GLOBAL HOLDINGS INC	2,586	$43,000	0.1%	$21.66	—	COM	42805T105
—	MECHEL OAO	95,395	$25,000	0.0%	$0.09	—	SPON ADR PFD	583840509
—	GENERAL MOLY INC	43,136	$12,000	0.0%	$0.58	—	COM	370373102
—	TOP SHIPS INC	13,002	$12,000	0.0%	$1.06	—	SHS NEW 2014	Y8897Y149
—	SANOFI	55,680	$11,000	0.0%	$0.75	—	RIGHT 12/31/2020	80105N113
—	YAHOO INC	395	$11,000	0.0%	$50.63	—	COM	984332106
UUUU	ENERGY FUELS INC	3,190	$9,000	0.0%	$6.69	-45.2%	COM NEW	292671708
—	YUME INC	3,496	$9,000	0.0%	$4.82	—	COM	98872B104
—	GLOBUS MARITIME LIMITED NEW	4,562	$5,000	0.0%	$1.32	—	COM	Y27265209