Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
—	ALLIED WRLD ASSUR COM HLDG A	2,958,604	$157M	8.9%	$53.19	—	Equity	H01531104
—	WHITEWAVE FOODS CO	1,824,563	$102M	5.8%	$55.38	—	Equity	966244105
—	VALSPAR CORP	746,854	$82.86M	4.7%	$108.58	—	Equity	920355104
—	PRIVATEBANCORP INC	1,376,003	$81.69M	4.6%	$57.35	—	Equity	742962103
NXPI	NXP SEMICONDUCTORS N V	777,256	$80.45M	4.6%	$87.88	+2.3%	Equity	N6596X109
—	JOY GLOBAL INC	2,354,036	$66.5M	3.8%	$28.04	—	Equity	481165108
—	CHEMTURA CORP	1,935,186	$64.64M	3.7%	$33.11	—	Equity	163893209
—	AIR METHODS CORP	1,466,290	$63.05M	3.6%	$43.00	—	Equity	009128307
—	CST BRANDS INC	1,206,773	$58.03M	3.3%	$48.11	—	Equity	12646R105
—	NEUSTAR INC	1,640,977	$54.4M	3.1%	$33.17	—	Equity	64126X201
—	WILLIAMS CLAYTON ENERGY INC	396,945	$52.43M	3.0%	$132.08	—	Equity	969490101
—	ZELTIQ AESTHETICS INC	926,222	$51.51M	2.9%	$55.61	—	Equity	98933Q108
—	LEVEL 3 COMMUNICATIONS INC	894,127	$51.16M	2.9%	$57.11	—	Equity	52729N308
—	REYNOLDS AMERICAN INC	804,568	$50.7M	2.9%	$63.02	—	Equity	761713106
—	IXIA	2,508,361	$49.29M	2.8%	$19.65	—	Equity	45071R109
—	MOBILEYE N V AMSTELVEEN	793,840	$48.74M	2.8%	$61.40	—	Equity	N51488117
—	MEAD JOHNSON NUTRITION CO	529,847	$47.2M	2.7%	$89.08	—	Equity	582839106
—	EVERBANK FINL CORP	2,263,730	$44.1M	2.5%	$19.43	—	Equity	29977G102
—	MULTI PACKAGING SOLUTIONS IN	2,261,434	$40.59M	2.3%	$17.95	—	Equity	G6331W109
UNH	UNITEDHEALTH GROUP INC	244,942	$40.17M	2.3%	$142.11	0.0%	Equity	91324P102
—	B/E AEROSPACE INC	613,400	$39.33M	2.2%	$64.11	—	Equity	073302101
—	ULTRATECH INC	1,285,898	$38.09M	2.2%	$29.62	—	Equity	904034105
—	SYNGENTA AG	427,658	$37.85M	2.1%	$83.70	—	Equity	87160A100
—	FORTRESS INVESTMENT GROUP LL	4,564,378	$36.29M	2.1%	$7.95	—	Equity	34958B106
—	TIME WARNER INC	368,421	$36M	2.0%	$96.53	—	Equity	887317303
—	ASTORIA FINL CORP	1,350,230	$27.69M	1.6%	$19.44	—	Equity	046265104
—	NIMBLE STORAGE INC	1,789,088	$22.36M	1.3%	$12.50	—	Equity	65440R101
—	HEADWATERS INC	935,820	$21.97M	1.2%	$23.51	—	Equity	42210P102
—	VCA INC	216,562	$19.82M	1.1%	$91.50	—	Equity	918194101
—	WESTAR ENERGY INC	329,818	$17.9M	1.0%	$56.33	—	Equity	95709T100
—	CEB INC	210,517	$16.55M	0.9%	$78.60	—	Equity	125134106
HPE	HEWLETT PACKARD ENTERPRISE C	488,973	$11.59M	0.7%	$8.87	+16.4%	Equity	42824C109
—	LUMOS NETWORKS CORP	612,087	$10.83M	0.6%	$17.70	—	Equity	550283105
—	UNIVERSAL AMERN CORP NEW	957,188	$9.543M	0.5%	$9.96	—	Equity	91338E101
—	HERITAGE OAKS BANCORP	696,335	$9.296M	0.5%	$12.58	—	Equity	42724R107
—	BNC BANCORP	240,763	$8.439M	0.5%	$35.05	—	Equity	05566T101
—	CASCADE BANCORP	1,089,621	$8.401M	0.5%	$8.07	—	Equity	147154207
—	TIME INC NEW	307,720	$5.954M	0.3%	$19.35	—	Equity	887228104
COLB	COLUMBIA BKG SYS INC	152,604	$5.95M	0.3%	$27.57	0.0%	Equity	197236102
—	DELEK US HLDGS INC	242,993	$5.897M	0.3%	$24.27	—	Equity	246647101
—	CITRIX SYS INC	67,215	$5.605M	0.3%	$86.81	—	Equity	177376100
APD	AIR PRODS & CHEMS INC	40,422	$5.469M	0.3%	$110.24	+2.6%	Equity	009158106
—	CORNERSTONE ONDEMAND INC	130,166	$5.062M	0.3%	$42.31	—	Equity	21925Y103
—	SILVER BAY RLTY TR CORP	225,622	$4.844M	0.3%	$21.47	—	Equity	82735Q102
—	KATE SPADE & CO	200,000	$4.646M	0.3%	$19.95	—	Equity	485865109
—	NOBLE ENERGY INC	134,396	$4.615M	0.3%	$34.34	—	Equity	655044105
—	GAS NAT INC	350,762	$4.455M	0.3%	$12.55	—	Equity	367204104
NSC	NORFOLK SOUTHERN CORP	39,042	$4.372M	0.2%	$97.78	0.0%	Equity	655844108
CRM	SALESFORCE COM INC	52,895	$4.363M	0.2%	$78.93	0.0%	Equity	79466L302
—	SOUTHWEST BANCORP INC OKLA	148,931	$3.895M	0.2%	$29.00	—	Equity	844767103
—	EXAR CORP	250,000	$3.253M	0.2%	$13.01	—	Equity	300645108
—	DIGITALGLOBE INC	94,296	$3.088M	0.2%	$32.75	—	Equity	25389M877
—	STILLWATER MNG CO	2,000,000	$2.66M	0.2%	$1.28	—	Convertible Bond	86074QAL6
—	PANDORA MEDIA INC	213,736	$2.524M	0.1%	$13.04	—	Equity	698354107
—	NXP SEMICONDUCTORS N V	2,000,000	$2.315M	0.1%	$1.14	—	Convertible Bond	62952QAB6
CMCSA	COMCAST CORP NEW	60,624	$2.279M	0.1%	$25.06	+19.4%	Equity	20030N101
—	TWITTER INC	2,500,000	$2.278M	0.1%	$0.91	—	Convertible Bond	90184LAD4
—	BROOKFIELD CDA OFFICE PPTYS	88,902	$2.089M	0.1%	$23.50	—	Equity	112823109
—	PANDORA MEDIA INC	2,000,000	$2.005M	0.1%	$1.02	—	Convertible Bond	698354AB3
—	DEPOMED INC	1,857,000	$1.734M	0.1%	$1.25	—	Convertible Bond	249908AA2
XLP	SELECT SECTOR SPDR TR	29,561	$1.613M	0.1%	$51.71	—	Equity	81369Y308
—	SUPERVALU INC	339,220	$1.309M	0.1%	$4.71	—	Equity	868536103
—	SHUTTERFLY INC	1,300,000	$1.298M	0.1%	$0.98	—	Convertible Bond	82568PAB2
—	FIREEYE INC	1,314,000	$1.177M	0.1%	$0.91	—	Convertible Bond	31816QAD3
—	CORNERSTONE ONDEMAND INC	1,000,000	$1.021M	0.1%	$1.04	—	Convertible Bond	21925YAB9
CHH	CHOICE HOTELS INTL INC	14,446	$904K	0.1%	$54.29	0.0%	Equity	169905106
MAR	MARRIOTT INTL INC NEW	9,548	$899K	0.1%	$80.37	0.0%	Equity	571903202
MCD	MCDONALDS CORP	5,059	$656K	0.0%	$94.61	+7.5%	Equity	580135101
—	DUNKIN BRANDS GROUP INC	11,765	$643K	0.0%	$52.49	—	Equity	265504100
ORCL	ORACLE CORP	14,096	$629K	0.0%	$34.78	+4.9%	Equity	68389X105
IBM	INTERNATIONAL BUSINESS MACHS	3,588	$625K	0.0%	$95.38	+19.9%	Equity	459200101
WEN	WENDYS CO	45,562	$620K	0.0%	$13.64	0.0%	Equity	95058W100
INTC	INTEL CORP	17,050	$615K	0.0%	$25.83	+14.9%	Equity	458140100
PZZA	PAPA JOHNS INTL INC	7,477	$598K	0.0%	$66.64	0.0%	Equity	698813102
—	CA INC	16,558	$525K	0.0%	$32.90	—	Equity	12673P105
—	NOBLE ENERGY INC	288,600	$299K	0.0%	—	—	Put	655044955
—	SPDR SERIES TRUST	261,400	$283K	0.0%	—	—	Put	78464A950
—	BOB EVANS FARMS INC	3,255	$211K	0.0%	$64.82	—	Equity	096761101
—	PANDORA MEDIA INC	233,700	$165K	0.0%	—	—	Put	698354957
—	VALSPAR CORP	99,600	$117K	0.0%	—	—	Call	920355904
—	VALSPAR CORP	433,100	$87,000	0.0%	—	—	Put	920355954
—	MEAD JOHNSON NUTRITION CO	165,400	$61,000	0.0%	—	—	Put	582839956
—	CENTURYLINK INC	155,000	$21,000	0.0%	—	—	Put	156700956
—	FREDS INC	177,300	$11,000	0.0%	—	—	Call	356108900
—	TIME INC NEW	63,000	$8,000	0.0%	—	—	Put	887228954
—	MACYS INC	116,500	$6,000	0.0%	—	—	Call	55616P904
—	HEWLETT PACKARD ENTERPRISE C	242,800	$6,000	0.0%	—	—	Put	42824C959
—	DEPOMED INC	14,500	$4,000	0.0%	—	—	Call	249908904