Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
PG	PROCTER AND GAMBLE CO	1,017,060	$91.28M	24.3%	$67.52	0.0%	COM	742718109
PG	PROCTER AND GAMBLE CO	915,000	$82.12M	21.8%	$67.52	0.0%	Put	742718109
—	ITC HLDGS CORP	413,325	$19.21M	5.1%	$46.36	—	COM	465685105
KLAC	KLA-TENCOR CORP	266,849	$18.6M	4.9%	$55.00	+11.7%	COM	482480100
—	LINKEDIN CORP	79,105	$15.12M	4.0%	$190.27	—	COM CL A	53578A108
—	AMERICAN CAP LTD	882,275	$14.92M	4.0%	$16.21	—	COM	02503Y103
—	YAHOO INC	231,925	$9.996M	2.7%	$38.29	—	COM	984332106
—	INGRAM MICRO INC	218,643	$7.797M	2.1%	$35.35	—	CL A	457153104
—	WESTAR ENERGY INC	126,973	$7.206M	1.9%	$56.34	—	COM	95709T100
—	SAFEGUARD SCIENTIFICS INC	489,441	$6.343M	1.7%	$18.08	—	COM NEW	786449207
—	ST JUDE MED INC	76,000	$6.062M	1.6%	$78.00	—	COM	790849103
—	RITE AID CORP	777,772	$5.981M	1.6%	$7.56	—	COM	767754104
—	MEDIA GEN INC NEW	303,893	$5.601M	1.5%	$17.25	—	COM	58441K100
—	BOULEVARD ACQUISITION	519,500	$5.304M	1.4%	$9.96	—	UNIT 99/99/9999	10157Q201
—	DOUBLE EAGLE ACQUISITION COR	444,000	$4.538M	1.2%	$10.14	—	UNIT 99/99/9999	G28195108
—	BROADCOM LTD	24,000	$4.14M	1.1%	$155.00	—	Put	Y09827109
—	REAVES UTIL INCOME FD	133,223	$4.071M	1.1%	$25.97	—	COM SH BEN INT	756158101
—	ATLANTIC ALLIANCE PARTNER CO	357,500	$3.754M	1.0%	$10.35	—	SHS	G04897107
—	NEUBERGER BERMAN RE ES SEC F	634,989	$3.613M	1.0%	$5.19	—	COM	64190A103
LBTYAUSD	LIBERTY GLOBAL PLC	100,766	$3.444M	0.9%	$30.91	—	SHS CL A	G5480U104
—	ALLERGAN PLC	13,680	$3.151M	0.8%	$268.04	—	SHS	G0177J108
—	AR CAP ACQUISITION CORP	285,000	$2.853M	0.8%	$9.75	—	UNIT 10/06/2019	00191R208
—	WHITEWAVE FOODS CO	46,600	$2.536M	0.7%	$54.45	—	Call	966244105
—	VIACOM INC NEW	66,418	$2.531M	0.7%	$41.21	—	CL B	92553P201
—	AR CAP ACQUISITION CORP	255,000	$2.53M	0.7%	$9.84	—	COM	00191R109
—	DISCOVERY COMMUNICATNS NEW	92,860	$2.5M	0.7%	$26.08	—	COM SER A	25470F104
—	QUINPARIO ACQUISITION CORP 2	243,850	$2.417M	0.6%	$9.76	—	COM	74874U101
—	DELL TECHNOLOGIES INC	50,329	$2.406M	0.6%	$47.81	—	COM CL V	24703L103
—	WHITEWAVE FOODS CO	40,900	$2.226M	0.6%	$54.45	—	Put	966244105
—	LIBERTY GLOBAL PLC	77,324	$2.169M	0.6%	$28.05	—	LILAC SHS CL C	G5480U153
—	COMMUNITYONE BANCORP	141,886	$1.964M	0.5%	$13.28	—	COM	20416Q108
—	ANDINA ACQUISITION CORP II	187,500	$1.943M	0.5%	$9.92	—	UNIT 99/99/9999	G0441P112
—	NUVEEN GLOBAL EQUITY INCOME	156,044	$1.863M	0.5%	$11.94	—	COM	6706EH103
—	NUVEEN LG/SHT COMMODITY TOTR	137,073	$1.812M	0.5%	$16.14	—	COM UT BEN INT	670731108
—	GABELLI EQUITY TR INC	313,808	$1.77M	0.5%	$6.40	—	COM	362397101
—	HYDRA INDS ACQUISITION CORP	174,349	$1.737M	0.5%	$9.69	—	COM	448740100
—	SUFFOLK BANCORP	38,676	$1.345M	0.4%	$31.31	—	COM	864739107
—	INTEROIL CORP	25,301	$1.288M	0.3%	$50.91	—	COM	460951106
—	ELECTRUM SPL ACQUISITION COR	129,645	$1.278M	0.3%	$9.65	—	SHS	G3105C104
—	FIDELITY & GTY LIFE	53,000	$1.229M	0.3%	$23.19	—	COM	315785105
—	HENNESSY CAP ACQUISITION COR	120,000	$1.176M	0.3%	$9.68	—	COM	42588J100
—	LEXMARK INTL INC	28,079	$1.122M	0.3%	$37.75	—	CL A	529771107
—	DEUTSCHE HIGH INCOME TR	118,200	$1.089M	0.3%	$9.21	—	SHS	25155R100
—	WHITEWAVE FOODS CO	20,000	$1.089M	0.3%	$54.45	—	COM	966244105
—	NUVEEN DIVERSIFIED COMMODTY	103,604	$940K	0.3%	$10.55	—	COM UT BEN INT	67074P104
—	HARMONY MERGER CORP	90,000	$905K	0.2%	$9.76	—	COM	413247107
—	TALEN ENERGY CORP	60,475	$838K	0.2%	$13.54	—	COM	87422J105
—	HARMONY MERGER CORP	75,000	$789K	0.2%	$10.00	—	UNIT 99/99/9999	413247206
PFLT	PENNANTPARK FLOATING RATE CA	56,738	$751K	0.2%	$4.46	+8.9%	COM	70806A106
—	GP INVTS ACQUISITION COR	72,301	$706K	0.2%	$9.72	—	SHS	G40357124
—	LIBERTY ALL STAR EQUITY FD	92,538	$479K	0.1%	$5.87	—	SH BEN INT	530158104
—	VIDEOCON D2H LTD	47,423	$464K	0.1%	$12.61	—	ADR	92657J101
—	QLT INC	191,114	$394K	0.1%	$3.14	—	COM	746927102
—	RENTECH INC	131,249	$383K	0.1%	$4.31	—	COM NEW	760112201
—	BOULEVARD ACQUISITION	38,319	$377K	0.1%	$9.84	—	CL A	10157Q102
—	AVENUE INCOME CR STRATEGIES	28,482	$369K	0.1%	$17.58	—	COM	05358E106
LMT	LOCKHEED MARTIN CORP	1,461	$350K	0.1%	$194.84	0.0%	COM	539830109
—	DIVIDEND & INCOME FUND	29,306	$329K	0.1%	$11.02	—	COM NEW	25538A204
—	BANK OF THE OZARKS INC	7,959	$306K	0.1%	$38.45	—	COM	063904106
—	A H BELO CORP	35,942	$264K	0.1%	$6.97	—	COM CL A	001282102
—	HARVEST NATURAL RESOURCES IN	314,707	$255K	0.1%	$2.94	—	COM	41754V103
—	BARINGTON HILCO ACQUISITION	24,740	$250K	0.1%	$9.74	—	COM	06759V101
—	CROSSROADS CAP INC	137,695	$249K	0.1%	$3.16	—	COM	227656105
—	FIDELITY NATIONAL FINANCIAL	17,563	$219K	0.1%	$12.60	—	FNFV GROUP COM	31620R402
SVVC	FIRSTHAND TECH VALUE FD INC	21,139	$166K	0.0%	$22.26	-67.5%	COM	33766Y100
—	REALNETWORKS INC	31,601	$141K	0.0%	$7.55	—	COM NEW	75605L708
—	ADVENT CLAYMORE ENH GRW & IN	15,555	$130K	0.0%	$8.29	—	COM	00765E104
—	ORIGO ACQUISITION CORP	12,500	$129K	0.0%	$10.32	—	SHS	G67789126
—	MODUSLINK GLOBAL SOLUTIONS I	69,804	$114K	0.0%	$3.84	—	COM NEW	60786L206
—	BROADCOM LTD	400	$69,000	0.0%	$155.00	—	SHS	Y09827109
KOPN	KOPIN CORP	23,746	$52,000	0.0%	$3.84	-41.9%	COM	500600101
—	WRIGHT MED GROUP N V	38,308	$50,000	0.0%	$1.02	—	RIGHT 03/01/2019	N96617126
LUNA	LUNA INNOVATIONS	34,483	$49,000	0.0%	$1.53	-14.2%	COM	550351100
—	ENDOCYTE INC	14,200	$44,000	0.0%	$6.62	—	COM	29269A102
—	SANOFI	155,177	$42,000	0.0%	$0.34	—	RIGHT 12/31/2020	80105N113
—	COVISINT CORP	18,549	$40,000	0.0%	$2.67	—	COM	22357R103
—	MORGANS HOTEL GROUP CO	19,100	$39,000	0.0%	$3.30	—	COM	61748W108
—	TRANS WORLD ENTMT CORP	10,400	$36,000	0.0%	$3.85	—	COM	89336Q100
PRZM	PRISM TECHNOLOGIES GROUP INC	132,586	$28,000	0.0%	$2.97	-92.0%	COM	74273Y100
—	SAMSON OIL & GAS LTD	14,119	$10,000	0.0%	$1.42	—	SPON ADR NEW	796043206