Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
—	DRESSER-RAND GROUP INC	843,440	$68.99M	9.9%	$82.01	—	COM	261608103
—	COVANCE INC	516,108	$53.59M	7.7%	$103.84	—	COM	222816100
—	CAREFUSION CORP	858,232	$50.93M	7.3%	$59.34	—	COM	14170T101
—	TRW AUTOMOTIVE HLDGS CORP	441,592	$45.42M	6.5%	$102.36	—	COM	87264S106
—	PROTECTIVE LIFE CORP	494,093	$34.41M	5.0%	$69.52	—	COM	743674103
—	SIGMA ALDRICH CORP	243,449	$33.42M	4.8%	$137.27	—	COM	826552101
—	TALISMAN ENERGY INC	3,175,696	$24.87M	3.6%	$7.83	—	COM	87425E103
—	SAPIENT CORP	997,077	$24.81M	3.6%	$24.88	—	COM	803062108
—	RIVERBED TECHNOLOGY INC	1,142,163	$23.31M	3.4%	$20.41	—	COM	768573107
—	VOLCANO CORPORATION	21,000,000	$20.86M	3.0%	$0.99	—	NOTE 1.750%12/0	928645AB6
—	CUBIST PHARMACEUTICALS INC	15,015,000	$20.42M	2.9%	$1.36	—	NOTE 1.875% 9/0	229678AH0
—	VOLCANO CORPORATION	1,117,571	$19.98M	2.9%	$17.88	—	COM	928645100
—	AUXILIUM PHARMACEUTICALS INC	579,027	$19.91M	2.9%	$34.39	—	COM	05334D107
—	GLIMCHER RLTY TR	1,391,316	$19.12M	2.8%	$13.54	—	SH BEN INT	379302102
—	ROCKWOOD HLDGS INC	241,735	$19.05M	2.7%	$78.80	—	COM	774415103
—	CUBIST PHARMACEUTICALS INC	12,927,000	$17.15M	2.5%	$1.33	—	NOTE 1.125% 9/0	229678AF4
—	AVANIR PHARMACEUTICALS INC	1,004,815	$17.03M	2.5%	$16.95	—	CL A NEW	05348P401
—	CUBIST PHARMACEUTICALS INC	165,611	$16.67M	2.4%	$100.65	—	COM	229678107
—	PETSMART INC	200,376	$16.29M	2.3%	$81.30	—	COM	716768106
—	INTERNATIONAL RECTIFIER CORP	365,893	$14.6M	2.1%	$39.55	—	COM	460254105
—	AR CAP ACQUISITION CORP	1,478,282	$14.59M	2.1%	$9.87	—	UNIT 99/99/9999	00191R208
—	SUSQUEHANNA BANCSHARES INC P	824,714	$11.08M	1.6%	$13.43	—	COM	869099101
CMCSA	COMCAST CORP NEW	183,310	$10.63M	1.5%	$21.26	0.0%	CL A	20030N101
—	GENTIVA HEALTH SERVICES INC	519,846	$9.903M	1.4%	$19.05	—	COM	37247A102
—	TERRAPIN 3 ACQUISITION CORP	854,220	$8.542M	1.2%	$10.03	—	UNIT 06/27/2019	88104P203
—	BOULEVARD ACQUISITION CORP	878,431	$8.468M	1.2%	$9.80	—	COM	10157P104
—	PANTRY INC	199,000	$7.375M	1.1%	$37.06	—	COM	698657103
—	GARNERO GROUP ACQUISITION CO	706,018	$7.067M	1.0%	$10.00	—	UNIT 99/99/9999	G5866L124
—	PEPCO HOLDINGS INC	200,459	$5.398M	0.8%	$27.06	—	COM	713291102
—	AUXILIUM PHARMACEUTICALS INC	3,500,000	$5.197M	0.7%	$1.33	—	NOTE 1.500% 7/1	05334DAA5
—	CHIQUITA BRANDS INTL INC	327,452	$4.735M	0.7%	$14.46	—	COM	170032809
—	BANK KY FINL CORP	95,761	$4.622M	0.7%	$46.23	—	COM	062896105
—	PENFORD CORP	224,851	$4.202M	0.6%	$18.69	—	COM	707051108
—	INTERNATIONAL GAME TECHNOLOG	224,105	$3.866M	0.6%	$16.87	—	COM	459902102
—	CLECO CORP NEW	44,200	$2.411M	0.3%	$54.55	—	COM	12561W105
—	HENNESSY CAP ACQUISITION COR	233,684	$2.302M	0.3%	$9.75	—	COM	425886108
—	ACTUATE CORP	324,205	$2.14M	0.3%	$6.60	—	COM	00508B102
—	SAFEWAY INC	56,785	$1.994M	0.3%	$34.36	—	COM NEW	786514208
—	1347 CAP CORP	201,000	$1.927M	0.3%	$9.56	—	COM	68245V103
—	DIRECTV	20,200	$1.751M	0.3%	$85.98	—	COM	25490A309
—	GLOBAL DEFENSE & NATL SEC SY	166,205	$1.715M	0.2%	$10.14	—	COM	37953N108
—	ROI ACQUISITION CORP II	129,928	$1.277M	0.2%	$9.85	—	COM	74966G101
—	BOULEVARD ACQUISITION CORP	127,177	$1.276M	0.2%	$10.07	—	UNIT 99/99/9999	10157P203
—	TRIQUINT SEMICONDUCTOR INC	45,000	$1.25M	0.2%	$27.78	—	COM	89674K103
—	UNITED STATES OIL FUND LP	4,196	$1.055M	0.2%	—	—	Put	91232N108
—	CAPITOL ACQUISITION CORP II	98,048	$969K	0.1%	$9.65	—	COM	14056V105
—	AMER RLTY CAP HEALTHCAR TR I	79,325	$944K	0.1%	$11.90	—	COM	02917R108
—	SINO MERCURY ACQUISITION COR	80,195	$802K	0.1%	$10.00	—	UNIT 99/99/9999	82936K201
—	C B PHARMA ACQUISITION CORP	63,424	$637K	0.1%	$10.04	—	UNIT 99/99/9999	G2029P100
—	GARNERO GROUP ACQUISITION CO	66,557	$636K	0.1%	$9.54	—	SHS	G5866L108
—	TIME WARNER CABLE INC	4,136	$629K	0.1%	$137.09	—	COM	88732J207
—	CAMBRIDGE CAP ACQUISITION CO	61,589	$610K	0.1%	$9.66	—	COM	13215Q106
—	HYDRA INDS ACQUISITION CORP	38,500	$385K	0.1%	$10.00	—	UNIT 10/20/2021	448740209
—	1347 CAP CORP	36,369	$364K	0.1%	$10.11	—	UNIT 99/99/9999	68245V202
—	DIGITAL RIV INC	14,250	$352K	0.1%	$24.70	—	COM	25388B104
—	TRW AUTOMOTIVE HLDGS CORP	500	$235K	0.0%	$102.36	—	Call	87264S106
—	CAMBRIDGE CAP ACQUISITION CO	632,545	$196K	0.0%	$0.42	—	W EXP 12/17/201	13215Q114
—	INTERNATIONAL GAME TECHNOLOG	750	$178K	0.0%	$16.87	—	Call	459902102
—	BOULEVARD ACQUISITION CORP	262,516	$139K	0.0%	$0.70	—	W EXP 02/19/201	10157P112
—	LEVY ACQUISITION CORP	347,030	$128K	0.0%	$0.48	—	W EXP 11/19/201	52748T112
—	TALISMAN ENERGY INC	476	$126K	0.0%	$7.83	—	Call	87425E103
—	COVISINT CORP	40,000	$106K	0.0%	$2.65	—	COM	22357R103
—	1347 CAP CORP	196,813	$69,000	0.0%	$0.36	—	RIGHT 07/21/2016	68245V111
—	CUBIST PHARMACEUTICALS INC	100	$66,000	0.0%	$100.65	—	Call	229678107
—	AR CAP ACQUISITION CORP	5,420	$53,000	0.0%	$9.78	—	COM	00191R109
—	1347 CAP CORP	150,000	$32,000	0.0%	$0.25	—	W EXP 07/15/202	68245V129
—	CAPITOL ACQUISITION CORP II	58,345	$32,000	0.0%	$0.60	—	W EXP 05/15/201	14056V113
—	GARNERO GROUP ACQUISITION CO	99,083	$30,000	0.0%	$0.30	—	RIGHT 06/25/2016	G5866L132
—	HENNESSY CAP ACQUISITION COR	59,256	$24,000	0.0%	$0.75	—	W EXP 01/23/201	425886116
—	HF2 FINL MGMT INC	1,788	$19,000	0.0%	$10.19	—	CL A	40421A104
—	GARNERO GROUP ACQUISITION CO	110,020	$13,000	0.0%	$0.12	—	*W EXP 06/24/201	G5866L116
—	LEVY ACQUISITION CORP	1,000	$10,000	0.0%	$9.71	—	COM	52748T104
—	SAFEWAY INC	3,739	$9,000	0.0%	$34.36	—	Put	786514208
—	LORAL SPACE & COMMUNICATNS I	100	$8,000	0.0%	$80.00	—	COM	543881106
DRI	DARDEN RESTAURANTS INC	100	$6,000	0.0%	$31.36	+12.0%	COM	237194105
—	HENNESSY CAP ACQUISITION COR	501	$5,000	0.0%	$9.98	—	UNIT 99/99/9999	425886207
HE	HAWAIIAN ELEC INDUSTRIES	146	$4,000	0.0%	—	—	Call	419870100
SYY	SYSCO CORP	100	$4,000	0.0%	$27.57	+4.7%	COM	871829107
—	COMMUNITY HEALTH SYS INC NEW	76,569	$2,000	0.0%	$0.06	—	NEW RIGHT 01/27/2016	203668116
—	AR CAP ACQUISITION CORP	8,560	$2,000	0.0%	$0.23	—	W EXP 10/06/201 ADDED	00191R117
SYY	SYSCO CORP	500	$1,000	0.0%	$27.57	+4.7%	Put	871829107