Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
—	CAMERON INTERNATIONAL CORP	415,522	$27.86M	8.9%	$63.94	—	COM	13342B105
—	JARDEN CORP	467,313	$27.55M	8.8%	$58.07	—	COM	471109108
—	ANCHOR BANCORP WIS INC DEL	456,500	$20.57M	6.6%	$45.06	—	COM	03283P106
KLAC	KLA-TENCOR CORP	207,649	$15.12M	4.8%	$53.38	+6.0%	COM	482480100
—	YOUKU TUDOU INC	449,257	$12.35M	4.0%	$27.19	—	SPONSORED ADR	98742U100
—	ALLIANCEBERNSTEIN INCOME FUN	1,384,213	$10.87M	3.5%	$7.79	—	COM	01881E101
—	SANDISK CORP	135,000	$10.27M	3.3%	$76.08	—	COM	80004C101
—	AIRGAS INC	71,936	$10.19M	3.3%	$140.33	—	COM	009363102
—	TIME WARNER CABLE INC	49,246	$10.08M	3.2%	$181.12	—	COM	88732J207
—	YAHOO INC	209,425	$7.709M	2.5%	$38.10	—	COM	984332106
—	ALLERGAN PLC	27,000	$7.237M	2.3%	$268.04	—	SHS	G0177J108
—	CASCADE MICROTECH INC	323,841	$6.678M	2.1%	$20.62	—	COM	147322101
—	SAFEGUARD SCIENTIFICS INC	487,645	$6.461M	2.1%	$18.08	—	COM NEW	786449207
—	STARWOOD HOTELS&RESORTS WRLD	77,163	$6.438M	2.1%	$69.29	—	COM	85590A401
—	GARNERO GROUP ACQUISITION CO	647,542	$6.43M	2.1%	$9.83	—	SHS	G5866L108
—	LMP REAL ESTATE INCOME FD IN	437,410	$5.966M	1.9%	$13.14	—	COM	50208C108
—	C1 FINL INC	228,441	$5.528M	1.8%	$24.21	—	COM	12591N109
—	BOULEVARD ACQUISITION	519,500	$5.169M	1.7%	$9.96	—	UNIT 99/99/9999	10157Q201
—	DOUBLE EAGLE ACQUISITION COR	444,000	$4.44M	1.4%	$10.14	—	UNIT 99/99/9999	G28195108
—	REAVES UTIL INCOME FD	138,019	$4.138M	1.3%	$25.97	—	COM SH BEN INT	756158101
—	INGRAM MICRO INC	111,337	$3.998M	1.3%	$35.91	—	CL A	457153104
—	ATLANTIC ALLIANCE PARTNER CO	357,000	$3.724M	1.2%	$10.35	—	SHS	G04897107
—	BROADCOM LTD	24,000	$3.708M	1.2%	$155.00	—	Put	Y09827109
—	CORNERSTONE STRATEGIC VALUE	251,080	$3.676M	1.2%	$20.18	—	COM	21924B302
—	THE ADT CORPORATION	85,647	$3.534M	1.1%	$41.26	—	COM	00101J106
—	VIACOM INC NEW	80,001	$3.302M	1.1%	$41.21	—	CL B	92553P201
—	GLOBAL HIGH INCOME FUND INC	355,232	$3.087M	1.0%	$8.21	—	COM	37933G108
—	FIRSTMERIT CORP	136,629	$2.876M	0.9%	$21.05	—	COM	337915102
—	AR CAP ACQUISITION CORP	285,000	$2.819M	0.9%	$9.75	—	UNIT 10/06/2019	00191R208
—	MEDIA GEN INC NEW	159,893	$2.608M	0.8%	$16.31	—	COM	58441K100
—	AR CAP ACQUISITION CORP	255,000	$2.51M	0.8%	$9.84	—	COM	00191R109
—	CORNERSTONE TOTAL RTRN FD IN	155,461	$2.503M	0.8%	$16.07	—	COM	21924U300
—	BAXALTA INC	60,300	$2.436M	0.8%	$40.40	—	COM	07177M103
—	QUINPARIO ACQUISITION CORP 2	243,850	$2.385M	0.8%	$9.76	—	COM	74874U101
—	GABELLI EQUITY TR INC	420,354	$2.283M	0.7%	$6.40	—	COM	362397101
—	QIHOO 360 TECHNOLOGY CO LTD	30,000	$2.267M	0.7%	$73.72	—	ADS	74734M109
—	E M C CORP MASS	78,000	$2.079M	0.7%	$26.59	—	COM	268648102
—	NUVEEN LG/SHT COMMODITY TOTR	137,073	$2.064M	0.7%	$16.14	—	COM UT BEN INT	670731108
—	WILSHIRE BANCORP INC	192,713	$1.985M	0.6%	$10.30	—	COM	97186T108
SCHL	SCHOLASTIC CORP	52,585	$1.965M	0.6%	$30.10	-3.5%	COM	807066105
—	NEUBERGER BERMAN RE ES SEC F	374,904	$1.908M	0.6%	$4.84	—	COM	64190A103
—	ANDINA ACQUISITION CORP II	187,500	$1.903M	0.6%	$9.92	—	UNIT 99/99/9999	G0441P112
—	COMMUNITYONE BANCORP	141,886	$1.884M	0.6%	$13.28	—	COM	20416Q108
—	BLOUNT INTL INC NEW	180,000	$1.796M	0.6%	$9.98	—	COM	095180105
—	STRATEGIC GLOBAL INCOME FD	195,267	$1.74M	0.6%	$8.84	—	COM	862719101
—	HYDRA INDS ACQUISITION CORP	174,349	$1.719M	0.6%	$9.69	—	COM	448740100
—	WINTHROP RLTY TR	124,592	$1.636M	0.5%	$13.26	—	SH BEN INT NEW	976391300
—	TALMER BANCORP INC	90,000	$1.628M	0.5%	$18.09	—	COM	87482X101
LBTYAUSD	LIBERTY GLOBAL PLC	38,797	$1.494M	0.5%	$38.51	—	SHS CL A	G5480U104
—	HEARTLAND PMT SYS INC	15,000	$1.449M	0.5%	$96.60	—	COM	42235N108
PFLT	PENNANTPARK FLOATING RATE CA	121,572	$1.422M	0.5%	$4.46	-10.1%	COM	70806A106
—	MONARCH FINANCIAL HOLDINGS I	81,919	$1.361M	0.4%	$16.61	—	COM	60907Q100
—	AFFYMETRIX INC	97,000	$1.358M	0.4%	$14.00	—	COM	00826T108
—	MANAGED HIGH YIELD PLUS FD I	742,810	$1.322M	0.4%	$1.77	—	COM	561911108
—	ITC HLDGS CORP	30,000	$1.307M	0.4%	$43.57	—	COM	465685105
—	ELECTRUM SPL ACQUISITION COR	129,645	$1.251M	0.4%	$9.65	—	SHS	G3105C104
—	NUVEEN DIVERSIFIED COMMODTY	138,390	$1.233M	0.4%	$10.55	—	COM UT BEN INT	67074P104
—	HENNESSY CAP ACQUISITION COR	120,000	$1.162M	0.4%	$9.68	—	COM	42588J100
—	LAPORTE BANCORP INC MD	70,390	$1.109M	0.4%	$15.76	—	COM	516651106
—	FIRST NIAGARA FINL GP INC	102,748	$995K	0.3%	$10.85	—	COM	33582V108
—	1ST CENTURY BANCSHARES INC	88,883	$975K	0.3%	$10.97	—	COM	31943X102
—	HARMONY MERGER CORP	90,000	$891K	0.3%	$9.76	—	COM	413247107
—	AGL RES INC	12,000	$782K	0.3%	$61.00	—	COM	001204106
—	HARMONY MERGER CORP	75,000	$764K	0.2%	$10.00	—	UNIT 99/99/9999	413247206
—	COMMUNICATIONS SALES&LEAS IN	32,528	$724K	0.2%	$21.91	—	COM	20341J104
—	GP INVTS ACQUISITION COR	72,301	$703K	0.2%	$9.72	—	SHS	G40357124
—	NUVEEN MUN ADVANTAGE FD INC	45,157	$648K	0.2%	$14.35	—	COM	67062H106
—	VIDEOCON D2H LTD	74,981	$552K	0.2%	$12.61	—	ADR	92657J101
—	HF FINL CORP	30,272	$545K	0.2%	$18.00	—	COM	404172108
NMFC	NEW MTN FIN CORP	38,224	$483K	0.2%	$4.82	-12.3%	COM	647551100
—	LIBERTY ALL STAR EQUITY FD	92,538	$460K	0.1%	$5.87	—	SH BEN INT	530158104
—	NUVEEN DIVID ADVANTAGE MUN I	29,882	$453K	0.1%	$15.16	—	COM	67071L106
—	QLT INC	211,114	$420K	0.1%	$3.14	—	COM	746927102
—	NUVEEN GLOBAL HIGH INCOME FD	29,565	$410K	0.1%	$17.26	—	SHS	67075G103
TDS	TELEPHONE & DATA SYS INC	12,891	$388K	0.1%	$27.61	-8.7%	COM NEW	879433829
—	BOULEVARD ACQUISITION	38,319	$374K	0.1%	$9.84	—	CL A	10157Q102
—	CROSSROADS CAP INC	137,695	$361K	0.1%	$3.16	—	COM	227656105
—	FAIRCHILD SEMICONDUCTOR INTL	17,600	$352K	0.1%	$20.00	—	COM	303726103
—	DIVIDEND & INCOME FUND	31,021	$346K	0.1%	$11.02	—	COM NEW	25538A204
—	AVENUE INCOME CR STRATEGIES	28,482	$312K	0.1%	$17.58	—	COM	05358E106
CNA	CNA FINL CORP	9,516	$306K	0.1%	$15.42	0.0%	COM	126117100
—	BROOKFIELD GLOBL LISTED INFR	25,736	$292K	0.1%	$16.55	—	COM SHS	11273Q109
—	NUVEEN QUALITY MUN FD INC	19,456	$277K	0.1%	$14.24	—	COM	67062N103
—	CHEVIOT FINL CORP NEW	17,800	$261K	0.1%	$15.34	—	COM	16677X105
—	BARINGTON HILCO ACQUISITION	24,740	$245K	0.1%	$9.74	—	COM	06759V101
—	RENTECH INC	104,874	$233K	0.1%	$5.60	—	COM NEW	760112201
—	SOUTHCOAST FINANCIAL CORP	16,900	$221K	0.1%	$13.31	—	COM	84129R100
—	GABELLI GLOBL UTIL & INCOME	12,171	$218K	0.1%	$20.04	—	COM SH BEN INT	36242L105
—	TIVO INC	22,300	$212K	0.1%	$11.28	—	COM	888706108
—	FIDELITY NATIONAL FINANCIAL	17,563	$191K	0.1%	$12.60	—	FNFV GROUP COM	31620R402
—	A H BELO CORP	35,942	$173K	0.1%	$6.97	—	COM CL A	001282102
—	REALNETWORKS INC	40,670	$165K	0.1%	$7.55	—	COM NEW	75605L708
—	PLANET PAYMENT INC	46,802	$165K	0.1%	$3.53	—	SHS	U72603118
SVVC	FIRSTHAND TECH VALUE FD INC	21,139	$159K	0.1%	$22.26	-67.5%	COM	33766Y100
—	ZYNGA INC	60,500	$138K	0.0%	$3.21	—	CL A	98986T108
—	ADVENT CLAYMORE ENH GRW & IN	15,555	$128K	0.0%	$8.29	—	COM	00765E104
—	HARVEST NATURAL RESOURCES IN	210,807	$127K	0.0%	$4.07	—	COM	41754V103
—	C B PHARMA ACQUISITION CORP	12,500	$126K	0.0%	$9.92	—	SHS	G2029P126
—	DELAWARE INVTS DIV & INCOME	13,662	$125K	0.0%	$10.44	—	COM	245915103
—	INTRAWEST RESORTS HLDGS INC	14,391	$123K	0.0%	$8.55	—	COM	46090K109
—	MODUSLINK GLOBAL SOLUTIONS I	69,804	$103K	0.0%	$3.84	—	COM NEW	60786L206
—	BROADCOM LTD	400	$62,000	0.0%	$155.00	—	SHS	Y09827109
—	WRIGHT MED GROUP N V	38,308	$48,000	0.0%	$1.02	—	RIGHT 03/01/2019	N96617126
—	ENDOCYTE INC	14,200	$44,000	0.0%	$6.62	—	COM	29269A102
PRZM	PRISM TECHNOLOGIES GROUP INC	132,586	$40,000	0.0%	$2.97	-80.4%	COM	74273Y100
KOPN	KOPIN CORP	23,746	$39,000	0.0%	$3.84	-50.3%	COM	500600101
—	TRANS WORLD ENTMT CORP	10,400	$38,000	0.0%	$3.85	—	COM	89336Q100
—	COVISINT CORP	18,549	$37,000	0.0%	$2.67	—	COM	22357R103
LUNA	LUNA INNOVATIONS	34,483	$36,000	0.0%	$1.53	-37.2%	COM	550351100
—	MORGANS HOTEL GROUP CO	19,100	$26,000	0.0%	$3.30	—	COM	61748W108
—	SANOFI	155,177	$18,000	0.0%	$0.34	—	RIGHT 12/31/2020	80105N113
—	SAMSON OIL & GAS LTD	14,119	$12,000	0.0%	$1.42	—	SPON ADR NEW	796043206