COLUMN 1 | COLUMN 2 | COLUMN 3 | COLUMN 4 | COLUMN 5 | COLUMN 6 | COLUMN 7 | COLUMN 8 |
| | | VALUE | SHRS OR | SH/ | PUT/ | INVESTMENT | OTHER | VOTING AUTHORITY |
NAME OF ISSUER | TITLE OF CLASS | CUSIP | (x$1000) | PRN AMT | PRN | CALL | DISCRETION | MANAGER | SOLE | SHARED | NONE |
AETNA INC NEW | COM | 00817Y108 | 165,770 | 2,589,347 | SH | | SOLE | | 2,589,347 | 0 | 0 |
AMBAC FINL GROUP INC | COM NEW | 023139884 | 34,582 | 1,906,400 | SH | | SOLE | | 1,906,400 | 0 | 0 |
AMERICAN CAPITAL AGENCY CORP | COM | 02503X105 | 34,292 | 1,518,700 | SH | Call | SOLE | | 1,518,700 | 0 | 0 |
AON PLC | SHS CL A | G0408V102 | 417,594 | 5,609,803 | SH | | SOLE | | 5,609,803 | 0 | 0 |
APPLE INC | COM | 037833100 | 145,976 | 306,190 | SH | | SOLE | | 306,190 | 0 | 0 |
APPLE INC | COM | 037833100 | 82,001 | 172,000 | SH | Call | SOLE | | 172,000 | 0 | 0 |
AQUASITION CORP | *W EXP 99/99/999 | Y0192H111 | 100 | 400,000 | SH | | SOLE | | 400,000 | 0 | 0 |
AQUASITION CORP | COM | Y0192H103 | 4,012 | 400,000 | SH | | SOLE | | 400,000 | 0 | 0 |
BERRY PLASTICS GROUP INC | COM | 08579W103 | 55,743 | 2,791,331 | SH | | SOLE | | 2,791,331 | 0 | 0 |
BLACKROCK MUNIASSETS FD INC | COM | 09254J102 | 214 | 17,972 | SH | | SOLE | | 17,972 | 0 | 0 |
BLACKROCK MUNIHLDNGS CALI QL | COM | 09254L107 | 943 | 69,300 | SH | | SOLE | | 69,300 | 0 | 0 |
BLACKROCK MUNIHLDS INVSTM QL | COM | 09254P108 | 1,679 | 128,064 | SH | | SOLE | | 128,064 | 0 | 0 |
BLACKROCK MUNIYIELD CALI QLT | COM | 09254N103 | 1,608 | 116,066 | SH | | SOLE | | 116,066 | 0 | 0 |
BLACKSTONE MTG TR INC | COM CL A | 09257W100 | 12,595 | 500,000 | SH | | SOLE | | 500,000 | 0 | 0 |
BP PLC | SPONSORED ADR | 055622104 | 55,732 | 1,326,000 | SH | | SOLE | | 1,326,000 | 0 | 0 |
CAPITOL ACQUISITION CORP II | *W EXP 05/15/201 | 14056V113 | 535 | 891,000 | SH | | SOLE | | 891,000 | 0 | 0 |
CAPITOL ACQUISITION CORP II | COM | 14056V105 | 17,285 | 1,782,000 | SH | | SOLE | | 1,782,000 | 0 | 0 |
CEMEX SAB DE CV | NOTE 3.250% 3/1 | 151290BB8 | 78,325 | 61,250,000 | PRN | | SOLE | | 61,250,000 | 0 | 0 |
CEMEX SAB DE CV | NOTE 3.250% 3/1 | 151290BB8 | 78,325 | 61,250,000 | PRN | | SOLE | | 61,250,000 | 0 | 0 |
CEMEX SAB DE CV | NOTE 3.750% 3/1 | 151290BC6 | 106,501 | 81,700,000 | PRN | | SOLE | | 81,700,000 | 0 | 0 |
CHART ACQUISITION CORP | *W EXP 12/19/201 | 161151113 | 385 | 675,000 | SH | | SOLE | | 675,000 | 0 | 0 |
CHART ACQUISITION CORP | COM | 161151105 | 6,716 | 675,000 | SH | | SOLE | | 675,000 | 0 | 0 |
CHURCHILL DOWNS INC | COM | 171484108 | 7,019 | 81,129 | SH | | SOLE | | 81,129 | 0 | 0 |
CIGNA CORPORATION | COM | 125509109 | 224,979 | 2,927,128 | SH | | SOLE | | 2,927,128 | 0 | 0 |
CIT GROUP INC | COM NEW | 125581801 | 35,897 | 736,039 | SH | | SOLE | | 736,039 | 0 | 0 |
CITIGROUP INC | COM NEW | 172967424 | 81,206 | 1,674,000 | SH | | SOLE | | 1,674,000 | 0 | 0 |
CLOROX CO DEL | COM | 189054109 | 11,165 | 136,629 | SH | | SOLE | | 136,629 | 0 | 0 |
COGNIZANT TECHNOLOGY SOLUTIO | CL A | 192446102 | 50,192 | 611,200 | SH | | SOLE | | 611,200 | 0 | 0 |
COMMONWEALTH REIT | COM SH BEN INT | 203233101 | 84,698 | 3,865,733 | SH | | SOLE | | 3,865,733 | 0 | 0 |
COMMONWEALTH REIT | COM SH BEN INT | 203233101 | 12,489 | 570,000 | SH | Call | SOLE | | 570,000 | 0 | 0 |
CROWN CASTLE INTL CORP | COM | 228227104 | 262,870 | 3,599,484 | SH | | SOLE | | 3,599,484 | 0 | 0 |
CROWN HOLDINGS INC | COM | 228368106 | 51,250 | 1,212,156 | SH | | SOLE | | 1,212,156 | 0 | 0 |
ENERGY XXI (BERMUDA) LTD | USD UNRS SHS | G10082140 | 116,027 | 3,840,688 | SH | | SOLE | | 3,840,688 | 0 | 0 |
EQT CORP | COM | 26884L109 | 129,006 | 1,454,082 | SH | | SOLE | | 1,454,082 | 0 | 0 |
EQUINIX INC | COM NEW | 29444U502 | 677,694 | 3,690,140 | SH | | SOLE | | 3,690,140 | 0 | 0 |
EXPRESS SCRIPTS HLDG CO | COM | 30219G108 | 390,008 | 6,310,808 | SH | | SOLE | | 6,310,808 | 0 | 0 |
FOREST CITY ENTERPRISES INC | CL A | 345550107 | 115,314 | 6,088,409 | SH | | SOLE | | 6,088,409 | 0 | 0 |
FORTUNE BRANDS HOME & SEC IN | COM | 34964C106 | 11,633 | 279,434 | SH | | SOLE | | 279,434 | 0 | 0 |
GOOGLE INC | CL A | 38259P508 | 98,014 | 111,900 | SH | | SOLE | | 111,900 | 0 | 0 |
GREEN MTN COFFEE ROASTERS IN | COM | 393122106 | 98,306 | 1,305,000 | SH | Put | SOLE | | 1,305,000 | 0 | 0 |
GREEN MTN COFFEE ROASTERS IN | COM | 393122106 | 22,976 | 305,000 | SH | | SOLE | | 305,000 | 0 | 0 |
HERTZ GLOBAL HOLDINGS INC | COM | 42805T105 | 116,340 | 5,250,000 | SH | | SOLE | | 5,250,000 | 0 | 0 |
HESS CORP | COM | 42809H107 | 262,117 | 3,389,149 | SH | | SOLE | | 3,389,149 | 0 | 0 |
HF2 FINL MGMT INC | CL A | 40421A104 | 12,296 | 1,215,000 | SH | | SOLE | | 1,215,000 | 0 | 0 |
HOME DEPOT INC | COM | 437076102 | 11,524 | 151,927 | SH | | SOLE | | 151,927 | 0 | 0 |
HUMANA INC | COM | 444859102 | 36,539 | 391,500 | SH | | SOLE | | 391,500 | 0 | 0 |
HYDE PK ACQUISITION CORP II | COM | 448640102 | 7,722 | 742,500 | SH | | SOLE | | 742,500 | 0 | 0 |
IAC INTERACTIVECORP | COM PAR $.001 | 44919P508 | 107,498 | 1,966,300 | SH | | SOLE | | 1,966,300 | 0 | 0 |
INVESCO ADVANTAGE MUNICIPAL | SH BEN INT | 46132E103 | 3,191 | 297,951 | SH | | SOLE | | 297,951 | 0 | 0 |
INVESCO CALIF VALUE MUN INC | COM | 46132H106 | 3,017 | 268,933 | SH | | SOLE | | 268,933 | 0 | 0 |
INVESCO MUN OPPORTUNITY TR | COM | 46132C107 | 14,400 | 1,222,394 | SH | | SOLE | | 1,222,394 | 0 | 0 |
INVESCO MUN TR | COM | 46131J103 | 13,005 | 1,111,573 | SH | | SOLE | | 1,111,573 | 0 | 0 |
INVESCO QUALITY MUNI INC TRS | COM | 46133G107 | 2,538 | 219,557 | SH | | SOLE | | 219,557 | 0 | 0 |
INVESCO TR INVT GRADE MUNS | COM | 46131M106 | 9,475 | 759,850 | SH | | SOLE | | 759,850 | 0 | 0 |
INVESCO VALUE MUN INCOME TR | COM | 46132P108 | 2,190 | 161,478 | SH | | SOLE | | 161,478 | 0 | 0 |
ISHARES | U.S. REAL ES ETF | 464287739 | 87,734 | 1,376,000 | SH | Call | SOLE | | 1,376,000 | 0 | 0 |
ISTAR FINL INC | COM | 45031U101 | 15,800 | 1,312,300 | SH | | SOLE | | 1,312,300 | 0 | 0 |
JETPAY CORP | COM | 477177109 | 397 | 114,638 | SH | | SOLE | | 114,638 | 0 | 0 |
LAMAR ADVERTISING CO | CL A | 512815101 | 191,680 | 4,075,703 | SH | | SOLE | | 4,075,703 | 0 | 0 |
LINNCO LLC | CALL | 535782906 | 7,295 | 250,000 | SH | Call | SOLE | | 250,000 | 0 | 0 |
LOWES COS INC | COM | 548661107 | 11,825 | 248,364 | SH | | SOLE | | 248,364 | 0 | 0 |
MARRIOTT VACATIONS WRLDWDE C | COM | 57164Y107 | 92,616 | 2,104,901 | SH | | SOLE | | 2,104,901 | 0 | 0 |
MASCO CORP | COM | 574599106 | 11,561 | 543,269 | SH | | SOLE | | 543,269 | 0 | 0 |
METLIFE INC | COM | 59156R108 | 272,873 | 5,812,000 | SH | | SOLE | | 5,812,000 | 0 | 0 |
MOHAWK INDS INC | COM | 608190104 | 11,709 | 89,894 | SH | | SOLE | | 89,894 | 0 | 0 |
MOTOROLA SOLUTIONS INC | COM NEW | 620076307 | 304,067 | 5,120,700 | SH | | SOLE | | 5,120,700 | 0 | 0 |
NOBLE CORPORATION BAAR | NAMEN -AKT | H5833N103 | 451,075 | 11,942,691 | SH | | SOLE | | 11,942,691 | 0 | 0 |
NOBLE CORPORATION BAAR | NAMEN -AKT | H5833N103 | 75,540 | 2,000,000 | SH | Call | SOLE | | 2,000,000 | 0 | 0 |
NUVEEN AMT-FREE MUN INCOME F | COM | 670657105 | 8,681 | 695,075 | SH | | SOLE | | 695,075 | 0 | 0 |
NUVEEN BUILD AMER BD FD | COM | 67074C103 | 4,723 | 261,375 | SH | | SOLE | | 261,375 | 0 | 0 |
NUVEEN DIV ADV MUNI FD 3 | COM SH BEN INT | 67070X101 | 6,740 | 530,730 | SH | | SOLE | | 530,730 | 0 | 0 |
NUVEEN DIVID ADVANTAGE MUN F | COM | 67066V101 | 736 | 56,497 | SH | | SOLE | | 56,497 | 0 | 0 |
NUVEEN INTER DURATION MN TMF | COM | 670671106 | 8,940 | 778,721 | SH | | SOLE | | 778,721 | 0 | 0 |
NUVEEN INVT QUALITY MUN FD I | COM | 67062E103 | 1,987 | 144,207 | SH | | SOLE | | 144,207 | 0 | 0 |
NUVEEN MUN ADVANTAGE FD INC | COM | 67062H106 | 11,323 | 905,104 | SH | | SOLE | | 905,104 | 0 | 0 |
NUVEEN MUN HIGH INCOME OPP F | COM | 670682103 | 6,064 | 519,613 | SH | | SOLE | | 519,613 | 0 | 0 |
NUVEEN MUN MKT OPPORTUNITY F | COM | 67062W103 | 4,387 | 357,804 | SH | | SOLE | | 357,804 | 0 | 0 |
NUVEEN MUN OPPORTUNITY FD IN | COM | 670984103 | 2,024 | 155,705 | SH | | SOLE | | 155,705 | 0 | 0 |
NUVEEN NY AMT-FREE MUN INCOM | COM | 670656107 | 2,530 | 206,665 | SH | | SOLE | | 206,665 | 0 | 0 |
NUVEEN PREM INCOME MUN FD | COM | 67062T100 | 1,980 | 154,896 | SH | | SOLE | | 154,896 | 0 | 0 |
NUVEEN PREM INCOME MUN FD 2 | COM | 67063W102 | 3,531 | 270,597 | SH | | SOLE | | 270,597 | 0 | 0 |
NUVEEN PREM INCOME MUN FD 4 | COM | 6706K4105 | 1,813 | 152,354 | SH | | SOLE | | 152,354 | 0 | 0 |
NUVEEN QUALITY INCOME MUN FD | COM | 670977107 | 1,562 | 123,889 | SH | | SOLE | | 123,889 | 0 | 0 |
NUVEEN QUALITY MUN FD INC | COM | 67062N103 | 2,268 | 184,398 | SH | | SOLE | | 184,398 | 0 | 0 |
NUVEEN SELECT QUALITY MUN FD | COM | 670973106 | 7,157 | 563,553 | SH | | SOLE | | 563,553 | 0 | 0 |
OWENS CORNING NEW | COM | 690742101 | 11,183 | 294,449 | SH | | SOLE | | 294,449 | 0 | 0 |
PUTNAM MANAGED MUN INCOM TR | COM | 746823103 | 2,161 | 315,995 | SH | | SOLE | | 315,995 | 0 | 0 |
PUTNAM MUN OPPORTUNITIES TR | SH BEN INT | 746922103 | 2,082 | 190,518 | SH | | SOLE | | 190,518 | 0 | 0 |
QUALCOMM INC | COM | 747525103 | 134,640 | 2,000,000 | SH | Call | SOLE | | 2,000,000 | 0 | 0 |
QUALCOMM INC | COM | 747525103 | 264,419 | 3,927,800 | SH | | SOLE | | 3,927,800 | 0 | 0 |
QUINPARIO ACQUISITION CORP | UNIT 99/99/9999 | 74874R207 | 15,216 | 1,480,200 | SH | | SOLE | | 1,480,200 | 0 | 0 |
REALTY INCOME CORP | COM | 756109104 | 79,500 | 2,000,000 | SH | | SOLE | | 2,000,000 | 0 | 0 |
RETAIL OPPORTUNITY INVTS COR | *W EXP 10/23/201 | 76131N119 | 9,135 | 4,350,000 | SH | | SOLE | | 4,350,000 | 0 | 0 |
RETAIL OPPORTUNITY INVTS COR | COM | 76131N101 | 43,533 | 3,150,000 | SH | | SOLE | | 3,150,000 | 0 | 0 |
SANOFI | RIGHT 12/31/2020 | 80105N113 | 19,533 | 9,669,871 | SH | | SOLE | | 9,669,871 | 0 | 0 |
SILVER EAGLE ACQUISITION COR | UNIT 99/99/9999 | 827694209 | 25,375 | 2,500,000 | SH | | SOLE | | 2,500,000 | 0 | 0 |
SPX CORP | COM | 784635104 | 26,064 | 15,500 | SH | Put | SOLE | | 15,500 | 0 | 0 |
STANLEY BLACK & DECKER INC | COM | 854502101 | 11,674 | 128,894 | SH | | SOLE | | 128,894 | 0 | 0 |
TEEKAY CORPORATION | COM | Y8564W103 | 34,300 | 802,330 | SH | | SOLE | | 802,330 | 0 | 0 |
THE ADT CORPORATION | COM | 00101J106 | 2,480 | 61,000 | SH | Call | SOLE | | 61,000 | 0 | 0 |
U S G CORP | COM NEW | 903293405 | 12,558 | 439,399 | SH | | SOLE | | 439,399 | 0 | 0 |
VAIL RESORTS INC | COM | 91879Q109 | 43,086 | 621,014 | SH | | SOLE | | 621,014 | 0 | 0 |
WHIRLPOOL CORP | COM | 963320106 | 12,012 | 82,029 | SH | | SOLE | | 82,029 | 0 | 0 |
WILLIAMS COS INC DEL | COM | 969457100 | 273,315 | 7,516,921 | SH | | SOLE | | 7,516,921 | 0 | 0 |
YAHOO INC | COM | 984332106 | 255,409 | 7,700,000 | SH | Call | SOLE | | 7,700,000 | 0 | 0 |
YAHOO INC | COM | 984332106 | 44,979 | 1,356,000 | SH | | SOLE | | 1,356,000 | 0 | 0 |