Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
—	PRECISION CASTPARTS CORP	234,154	$54.33M	11.4%	$231.67	—	COM	740189105
—	PARTNERRE LTD	310,019	$43.32M	9.1%	$139.64	—	COM	G6852T105
—	BROADCOM CORP	582,902	$33.7M	7.1%	$57.28	—	CL A	111320107
—	CHUBB CORP	193,928	$25.72M	5.4%	$130.32	—	COM	171232101
—	HEALTH NET INC	365,202	$25M	5.2%	$68.17	—	COM	42222G108
—	PLUM CREEK TIMBER CO INC	471,708	$22.51M	4.7%	$47.72	—	COM	729251108
—	CAMERON INTERNATIONAL CORP	323,833	$20.47M	4.3%	$63.06	—	COM	13342B105
KLAC	KLA-TENCOR CORP	224,849	$15.59M	3.3%	$53.38	0.0%	COM	482480100
—	PMC-SIERRA INC	1,277,412	$14.84M	3.1%	$11.62	—	COM	69344F106
—	TIME WARNER CABLE INC	79,846	$14.82M	3.1%	$181.12	—	COM	88732J207
—	JARDEN CORP	225,000	$12.85M	2.7%	$57.12	—	COM	471109108
—	ALLIANCEBERNSTEIN INCOME FUN	1,342,626	$10.3M	2.2%	$7.79	—	COM	01881E101
—	YOUKU TUDOU INC	373,164	$10.12M	2.1%	$27.13	—	SPONSORED ADR	98742U100
—	REAVES UTIL INCOME FD	382,623	$9.937M	2.1%	$25.97	—	COM SH BEN INT	756158101
—	SOLERA HOLDINGS INC	173,398	$9.507M	2.0%	$54.77	—	COM	83421A104
—	KEURIG GREEN MTN INC	84,686	$7.62M	1.6%	$89.98	—	COM	49271M100
—	YAHOO INC	194,425	$6.467M	1.4%	$38.20	—	COM	984332106
—	GARNERO GROUP ACQUISITION CO	647,542	$6.352M	1.3%	$9.83	—	SHS	G5866L108
—	SAFEGUARD SCIENTIFICS INC	426,822	$6.193M	1.3%	$18.77	—	COM NEW	786449207
—	TOWERS WATSON & CO	45,958	$5.904M	1.2%	$128.47	—	CL A	891894107
—	C1 FINL INC	243,035	$5.884M	1.2%	$24.21	—	COM	12591N109
—	MINDRAY MEDICAL INTL LTD	209,518	$5.682M	1.2%	$27.12	—	SPON ADR	602675100
—	STARWOOD HOTELS&RESORTS WRLD	78,977	$5.472M	1.1%	$69.29	—	COM	85590A401
—	BOULEVARD ACQUISITION	519,500	$5.143M	1.1%	$9.96	—	UNIT 99/99/9999	10157Q201
—	CAMPUS CREST CMNTYS INC	700,428	$4.763M	1.0%	$6.80	—	COM	13466Y105
—	BIOMED REALTY TRUST INC	198,847	$4.711M	1.0%	$23.69	—	COM	09063H107
—	SIRONA DENTAL SYSTEMS INC	42,316	$4.637M	1.0%	$109.58	—	COM	82966C103
—	STANCORP FINL GROUP INC	40,322	$4.592M	1.0%	$113.88	—	COM	852891100
—	DOUBLE EAGLE ACQUISITION COR	444,000	$4.44M	0.9%	$10.14	—	UNIT 99/99/9999	G28195108
—	OMNIVISION TECHNOLOGIES INC	142,838	$4.145M	0.9%	$28.64	—	COM	682128103
—	AIRGAS INC	28,134	$3.891M	0.8%	$138.30	—	COM	009363102
—	CORNERSTONE STRATEGIC VALUE	248,228	$3.887M	0.8%	$20.25	—	COM PAR $0.001	21924B302
—	CORNERSTONE TOTAL RTRN FD IN	174,191	$2.942M	0.6%	$16.07	—	COM PAR $0.01	21924U300
—	AR CAP ACQUISITION CORP	285,000	$2.773M	0.6%	$9.75	—	UNIT 10/06/2019	00191R208
—	GABELLI EQUITY TR INC	457,854	$2.431M	0.5%	$6.40	—	COM	362397101
—	GLOBAL HIGH INCOME FUND INC	279,234	$2.373M	0.5%	$8.08	—	COM	37933G108
—	JACKSONVILLE BANCORP INC FLA	126,588	$2.371M	0.5%	$18.73	—	COM NEW	469249205
—	QUINPARIO ACQUISITION CORP 2	243,850	$2.365M	0.5%	$9.76	—	COM	74874U101
—	COMMUNICATIONS SALES&LEAS IN	124,778	$2.332M	0.5%	$21.91	—	COM	20341J104
—	PEPCO HOLDINGS INC	88,100	$2.291M	0.5%	$26.29	—	COM	713291102
—	NUVEEN LG/SHT COMMODITY TOTR	137,073	$2.13M	0.4%	$16.14	—	COM UT BEN INT	670731108
—	LMP REAL ESTATE INCOME FD IN	160,650	$2.095M	0.4%	$12.28	—	COM	50208C108
—	FIRST NIAGARA FINL GP INC	181,501	$1.969M	0.4%	$10.85	—	COM	33582V108
—	NEUBERGER BERMAN RE ES SEC F	375,004	$1.879M	0.4%	$4.84	—	COM	64190A103
—	ANDINA ACQUISITION CORP II	187,500	$1.86M	0.4%	$9.92	—	UNIT 99/99/9999	G0441P112
—	VIACOM INC NEW	43,009	$1.77M	0.4%	$41.15	—	CL B	92553P201
—	HYDRA INDS ACQUISITION CORP	174,349	$1.696M	0.4%	$9.69	—	COM	448740100
—	AMERIANA BANCORP	72,857	$1.67M	0.4%	$23.00	—	COM	023613102
PFLT	PENNANTPARK FLOATING RATE CA	143,644	$1.616M	0.3%	$4.46	-8.0%	COM	70806A106
—	QIHOO 360 TECHNOLOGY CO LTD	20,000	$1.456M	0.3%	$72.80	—	ADS	74734M109
—	BROADCOM CORP	24,000	$1.388M	0.3%	$57.28	—	Put	111320107
—	NUVEEN DIVERSIFIED COMMODTY	138,390	$1.248M	0.3%	$10.55	—	COM UT BEN INT	67074P104
SYF	SYNCHRONY FINL	37,627	$1.144M	0.2%	$25.00	0.0%	COM	87165B103
—	ATLANTIC ALLIANCE PARTNER CO	100,000	$1.011M	0.2%	$10.15	—	SHS	G04897107
SYF	SYNCHRONY FINL	30,000	$912K	0.2%	$25.00	0.0%	Put	87165B103
—	HARMONY MERGER CORP	90,000	$878K	0.2%	$9.76	—	COM	413247107
—	STRATEGIC GLOBAL INCOME FD	92,683	$812K	0.2%	$8.76	—	COM	862719101
—	AGL RES INC	12,000	$766K	0.2%	$61.00	—	COM	001204106
—	SYMETRA FINL CORP	24,086	$765K	0.2%	$31.76	—	COM	87151Q106
—	HARMONY MERGER CORP	75,000	$755K	0.2%	$10.00	—	UNIT 99/99/9999	413247206
PRGO	PERRIGO CO PLC	5,000	$724K	0.2%	$183.44	-16.2%	SHS	G97822103
NSP	INSPERITY INC	15,000	$722K	0.2%	$17.89	0.0%	COM	45778Q107
—	VIDEOCON D2H LTD	74,981	$666K	0.1%	$12.61	—	ADR	92657J101
SCHL	SCHOLASTIC CORP	15,000	$578K	0.1%	$32.76	0.0%	COM	807066105
—	METRO BANCORP INC PA	17,851	$560K	0.1%	$31.37	—	COM	59161R101
—	NUVEEN GLOBAL HIGH INCOME FD	36,727	$505K	0.1%	$17.26	—	SHS	67075G103
NMFC	NEW MTN FIN CORP	38,224	$498K	0.1%	$4.82	-3.3%	COM	647551100
—	LIBERTY ALL STAR EQUITY FD	92,538	$495K	0.1%	$5.87	—	SH BEN INT	530158104
—	DIAMOND FOODS INC	12,800	$493K	0.1%	$38.52	—	COM	252603105
—	E M C CORP MASS	18,000	$462K	0.1%	$26.40	—	COM	268648102
—	YADKIN FINL CORP	17,950	$452K	0.1%	$25.18	—	COM	984305102
—	CLECO CORP NEW	8,400	$439K	0.1%	$53.84	—	COM	12561W105
—	MANAGED HIGH YIELD PLUS FD I	247,346	$435K	0.1%	$1.76	—	COM	561911108
—	CROSSROADS CAP INC	126,445	$406K	0.1%	$3.21	—	COM	227656105
—	DISCOVERY COMMUNICATNS NEW	15,824	$399K	0.1%	$31.15	—	COM SER C	25470F302
—	BOULEVARD ACQUISITION	38,319	$377K	0.1%	$9.84	—	CL A	10157Q102
FC	FRANKLIN COVEY CO	22,500	$377K	0.1%	$15.97	0.0%	COM	353469109
—	GABELLI GLOBL UTIL & INCOME	22,611	$376K	0.1%	$20.04	—	COM SH BEN INT	36242L105
—	RENTECH INC	104,874	$369K	0.1%	$5.60	—	COM NEW	760112201
—	BROOKFIELD TOTAL RETURN FD I	16,694	$366K	0.1%	$23.77	—	COM	11283U108
—	DNP SELECT INCOME FD	38,868	$348K	0.1%	$9.57	—	COM	23325P104
—	DIVIDEND & INCOME FUND	31,021	$342K	0.1%	$11.02	—	COM NEW	25538A204
TDS	TELEPHONE & DATA SYS INC	12,891	$334K	0.1%	$27.61	-1.1%	COM NEW	879433829
—	AVENUE INCOME CR STRATEGIES	28,482	$323K	0.1%	$17.58	—	COM	05358E106
—	BROOKFIELD GLOBL LISTED INFR	25,736	$302K	0.1%	$16.55	—	COM SHS	11273Q109
CPRT	COPART INC	7,568	$288K	0.1%	$4.62	0.0%	COM	217204106
—	AVOLON HLDGS LTD	9,200	$285K	0.1%	$30.43	—	COM	G52237107
—	QLT INC	105,486	$281K	0.1%	$4.28	—	COM	746927102
—	CHEVIOT FINL CORP NEW	17,800	$273K	0.1%	$15.34	—	COM	16677X105
—	SOUTHCOAST FINANCIAL CORP	16,900	$265K	0.1%	$13.31	—	COM	84129R100
—	BARINGTON HILCO ACQUISITION	24,740	$242K	0.1%	$9.74	—	COM	06759V101
—	REALD INC	21,600	$228K	0.0%	$12.79	—	COM	75604L105
—	FIDELITY NATIONAL FINANCIAL	17,563	$197K	0.0%	$12.60	—	FNFV GROUP COM	31620R402
—	TIVO INC	22,300	$192K	0.0%	$11.28	—	COM	888706108
—	A H BELO CORP	35,942	$180K	0.0%	$6.97	—	COM CL A	001282102
—	WINTHROP RLTY TR	13,400	$174K	0.0%	$14.33	—	SH BEN INT NEW	976391300
—	REALNETWORKS INC	40,670	$173K	0.0%	$7.55	—	COM NEW	75605L708
SVVC	FIRSTHAND TECH VALUE FD INC	21,139	$173K	0.0%	$22.26	-64.2%	COM	33766Y100
—	MODUSLINK GLOBAL SOLUTIONS I	69,804	$173K	0.0%	$3.84	—	COM NEW	60786L206
—	ZYNGA INC	60,500	$162K	0.0%	$3.21	—	CL A	98986T108
PRZM	PRISM TECHNOLOGIES GROUP INC	132,586	$135K	0.0%	$2.97	-47.7%	COM	74273Y100
—	ADVENT CLAYMORE ENH GRW & IN	15,555	$129K	0.0%	$8.29	—	COM	00765E104
—	C B PHARMA ACQUISITION CORP	12,500	$124K	0.0%	$9.92	—	SHS	G2029P126
—	DELAWARE INVTS DIV & INCOME	13,662	$120K	0.0%	$10.44	—	COM	245915103
—	HARVEST NATURAL RESOURCES IN	210,807	$90,000	0.0%	$4.07	—	COM	41754V103
—	WINDSTREAM HLDGS INC	13,500	$87,000	0.0%	$6.37	—	COM NEW	97382A200
KOPN	KOPIN CORP	23,746	$65,000	0.0%	$3.84	-23.7%	COM	500600101
—	MORGANS HOTEL GROUP CO	19,100	$64,000	0.0%	$3.30	—	COM	61748W108
—	ENDOCYTE INC	14,200	$57,000	0.0%	$6.62	—	COM	29269A102
—	COVISINT CORP	18,549	$46,000	0.0%	$2.67	—	COM	22357R103
—	FULL CIRCLE CAP CORP	17,700	$44,000	0.0%	$3.55	—	COM	359671104
—	WRIGHT MED GROUP N V	38,308	$39,000	0.0%	$1.02	—	RIGHT 03/01/2019	N96617126
—	TRANS WORLD ENTMT CORP	10,400	$37,000	0.0%	$3.85	—	COM	89336Q100
LUNA	LUNA INNOVATIONS	34,483	$37,000	0.0%	$1.53	-31.8%	COM	550351100
—	SANOFI	155,177	$17,000	0.0%	$0.34	—	RIGHT 12/31/2020	80105N113
—	SAMSON OIL & GAS LTD	14,119	$6,000	0.0%	$1.42	—	SPON ADR NEW	796043206