Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
—	CALPINE CORP	3,025,000	$54.42M	11.3%	$22.87	—	Call	131347304
—	NUVEEN NY AMT FREE MUN INCOM	1,516,912	$19.04M	3.9%	$12.31	—	COM	670656107
CAR	AVIS BUDGET GROUP	431,000	$19M	3.9%	$52.34	-4.2%	COM	053774105
FXI	ISHARES TR	405,500	$18.69M	3.9%	—	—	Put	464287184
FXI	ISHARES TR	405,500	$18.69M	3.9%	—	—	Call	464287184
—	ATHENAHEALTH INC	150,000	$17.19M	3.6%	—	—	Put	04685W103
—	SUPERNUS PHARMACEUTICALS INC	4,962,000	$16.64M	3.5%	$1.73	—	NOTE 7.500% 5/0	868459AB4
EEM	ISHARES TR	416,100	$16.49M	3.4%	$39.62	—	MSCI EMG MKT ETF	464287234
VIPS	VIPSHOP HLDGS LTD	620,000	$13.79M	2.9%	$22.25	—	Put	92763W103
—	LEUCADIA NATL CORP	550,000	$13.35M	2.8%	$23.84	—	COM	527288104
EWY	ISHARES	204,000	$11.24M	2.3%	—	—	Put	464286772
EWY	ISHARES	204,000	$11.24M	2.3%	—	—	Call	464286772
—	NEW SR INVT GROUP INC	824,910	$11.03M	2.3%	$13.77	—	COM	648691103
MU	MICRON TECHNOLOGY INC	538,600	$10.15M	2.1%	$27.27	-4.6%	COM	595112103
—	ELECTRUM SPL ACQUISITION COR	1,000,000	$10.02M	2.1%	$10.02	—	UNIT 99/99/9999	G3105C120
—	DURECT CORP	4,189,118	$10.01M	2.1%	$1.25	—	COM	266605104
—	ISHARES	615,000	$9.705M	2.0%	—	—	Call	464286731
—	ISHARES	615,000	$9.705M	2.0%	—	—	Put	464286731
RITM	NEW RESIDENTIAL INVT CORP	550,600	$8.391M	1.7%	$15.24	—	COM NEW	64828T201
XHR	XENIA HOTELS & RESORTS INC	356,757	$7.756M	1.6%	$22.75	—	COM	984017103
CRESY	CRESUD S A C I F Y A	591,600	$7.703M	1.6%	$11.91	—	SPONSORED ADR	226406106
—	FXCM INC	9,000,000	$7.583M	1.6%	$0.78	—	NOTE 2.250% 6/1	302693AB2
CRM	SALESFORCE COM INC	100,000	$6.963M	1.4%	—	—	Call	79466L302
EWZ	ISHARES	181,000	$5.931M	1.2%	—	—	Put	464286400
EZA	ISHARES	90,500	$5.922M	1.2%	—	—	Put	464286780
EZA	ISHARES	90,500	$5.922M	1.2%	—	—	Call	464286780
EPI	WISDOMTREE TR	272,500	$5.905M	1.2%	—	—	Put	97717W422
EPI	WISDOMTREE TR	272,500	$5.905M	1.2%	—	—	Call	97717W422
—	GEVO INC	10,025,000	$5.764M	1.2%	$0.67	—	NOTE 7.500% 7/0	374396AA7
—	IRSA INVERSIONES Y REP S A	317,800	$5.705M	1.2%	$8.95	—	GLOBL DEP RCPT	450047204
—	KKR & CO L P DEL	245,500	$5.61M	1.2%	$22.30	—	COM UNITS	48248M102
EWZ	ISHARES	156,000	$5.112M	1.1%	—	—	Call	464286400
—	SEQUENTIAL BRANDS GROUP INC	320,000	$4.893M	1.0%	$6.41	—	COM NEW	817340201
—	LEVY ACQUISITION CORP	287,500	$4.376M	0.9%	$13.15	—	COM	52748T104
—	STONEGATE MTG CORP	434,328	$4.374M	0.9%	$15.13	—	COM	86181Q300
NPO	ENPRO INDS INC	75,000	$4.292M	0.9%	$64.00	-1.6%	COM	29355X107
—	AMERICAN CAP LTD	288,681	$3.912M	0.8%	$14.79	—	COM	02503Y103
—	VIPSHOP HLDGS LTD	3,000,000	$3.81M	0.8%	$1.27	—	NOTE 1.500% 3/1	92763WAA1
—	SIBANYE GOLD LTD	550,000	$3.548M	0.7%	$3.15	—	SPONSORED ADR	825724206
—	NUVEEN NY DIVID ADVNTG MUN F	258,525	$3.498M	0.7%	$13.34	—	COM	67066X107
VIPS	VIPSHOP HLDGS LTD	154,200	$3.431M	0.7%	$22.25	—	SPONSORED ADR	92763W103
EWW	ISHARES	60,000	$3.427M	0.7%	—	—	Put	464286822
EWW	ISHARES	60,000	$3.427M	0.7%	—	—	Call	464286822
—	WRIGHT MED GROUP INC	838,644	$3.355M	0.7%	$2.10	—	RIGHT 03/01/2019	98235T115
—	BP PRUDHOE BAY RTY TR	50,000	$3.086M	0.6%	—	—	Put	055630107
—	MARKET VECTORS ETF TR	157,000	$2.87M	0.6%	—	—	Put	57060U506
—	MARKET VECTORS ETF TR	157,000	$2.87M	0.6%	—	—	Call	57060U506
—	STATE NATL COS INC	255,000	$2.762M	0.6%	$11.86	—	COM	85711T305
MDT	MEDTRONIC PLC	37,008	$2.742M	0.6%	$58.10	+1.2%	SHS	G5960L103
—	GALMED PHARMACEUTICALS LTD	264,600	$2.662M	0.6%	$10.42	—	SHS	M47238106
KEN	KENON HLDGS LTD	130,000	$2.587M	0.5%	$1.40	+15.7%	SHS	Y46717107
—	FORTRESS INVESTMENT GROUP LL	350,000	$2.555M	0.5%	$8.07	—	CL A	34958B106
—	FIFTH STR ASSET MGMT INC	240,000	$2.467M	0.5%	$10.97	—	CL A COM	31679P109
XENWX	EATON VANCE NEW YORK MUN BD	193,026	$2.382M	0.5%	$11.79	—	COM	27827Y109
AGRO	ADECOAGRO S A	244,230	$2.252M	0.5%	$7.93	+11.6%	COM	L00849106
—	APOLLO RESIDENTIAL MTG INC	141,000	$2.071M	0.4%	$16.23	—	COM	03763V102
SLV	ISHARES SILVER TRUST	135,000	$2.029M	0.4%	$15.06	—	ISHARES	46428Q109
SLV	ISHARES SILVER TRUST	135,000	$2.029M	0.4%	$15.06	—	Put	46428Q109
—	XCERRA CORP	245,590	$1.859M	0.4%	$9.10	—	COM	98400J108
—	NATIONSTAR MTG HLDGS INC	101,100	$1.698M	0.4%	$16.80	—	COM	63861C109
GM	GENERAL MTRS CO	49,600	$1.653M	0.3%	$28.15	-1.1%	COM	37045V100
—	WHEELER REAL ESTATE INVT TR	61,980	$1.559M	0.3%	$24.74	—	CV PFD SER B	963025309
GFI	GOLD FIELDS LTD NEW	430,000	$1.389M	0.3%	$3.23	—	SPONSORED ADR	38059T106
—	KANDI TECHNOLOGIES GROUP INC	120,000	$1.085M	0.2%	—	—	Put	483709101
—	MEDLEY MGMT INC	85,537	$1.013M	0.2%	$10.99	—	CL A COM	58503T106
YELP	YELP INC	22,200	$955K	0.2%	—	—	Put	985817105
YELP	YELP INC	22,200	$955K	0.2%	—	—	Call	985817105
—	DIPEXIUM PHARMACEUTICALS INC	70,000	$890K	0.2%	$12.71	—	COM	25456J104
KODK	EASTMAN KODAK CO	45,920	$771K	0.2%	$18.99	+0.1%	COM NEW	277461406
—	PAIN THERAPEUTICS INC	432,128	$748K	0.2%	$1.83	—	COM	69562K100
—	WHEELER REAL ESTATE INVT TR	342,575	$695K	0.1%	$2.03	—	COM	963025101
—	FXCM INC	443,300	$643K	0.1%	$2.13	—	Call	302693106
—	NEW YORK REIT INC	50,000	$498K	0.1%	$9.96	—	COM	64976L109
—	OCWEN FINL CORP	46,000	$469K	0.1%	—	—	Call	675746309
—	BLACKROCK NY MUNI INC QLTY T	35,806	$464K	0.1%	$12.65	—	COM	09249U105
—	OCWEN FINL CORP	40,100	$409K	0.1%	—	—	Put	675746309
—	KCAP FINL INC	62,879	$376K	0.1%	$6.73	—	COM	48668E101
—	OWENS RLTY MTG INC	23,524	$353K	0.1%	$15.01	—	COM	690828108
—	BLUEROCK RESIDENT GR REIT IN	26,000	$329K	0.1%	$12.65	—	COM CL A	09627J102
—	PROSHARES TR II	24,000	$322K	0.1%	$13.42	—	VIX STRMFUT ETF	74347W361
—	INTERMOLECULAR INC	112,129	$221K	0.0%	$1.97	—	COM	45882D109
—	WALTER ENERGY INC	625,000	$138K	0.0%	—	—	Put	93317Q105
—	FXCM INC	64,400	$93,000	0.0%	$2.13	—	Put	302693106
—	BOULEVARD ACQUISITION CORP	24,446	$89,000	0.0%	$3.64	—	*W EXP 02/19/201	10157P112
—	CAMBRIDGE CAP ACQUISITION CO	61,500	$9,000	0.0%	$0.15	—	*W EXP 12/17/201	13215Q114