Pine River Capital Management 13F-HR Quarterly holdings report by institutional manager

The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE

OMB APPROVAL

OMB Number:		3235-0006
Expires:	Oct 31, 2018
Estimated average burden
hours per response:		23.8

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
3M CO	COM	88579Y101	6,889	63,000	SH	Call	SOLE	none	63,000	0	0
3M CO	COM	88579Y101	5,839	53,400	SH	Put	SOLE	none	53,400	0	0
ABBVIE INC	COM	00287Y109	5,750	139,100	SH	Call	SOLE	none	139,100	0	0
ABBVIE INC	COM	00287Y109	4,770	115,400	SH	Put	SOLE	none	115,400	0	0
ACTAVIS INC	COM	00507K103	7,633	60,469	SH		SOLE	none	60,469	0	0
ACTIVISION BLIZZARD INC	COM	00507V109	1,497	105,000	SH		SOLE	none	105,000	0	0
ADVANCED MICRO DEVICES	DEBT	007903AL1	2,069	2,030,000	PRN		SOLE	none	2,030,000	0	0
AETNA INC	COM	00817Y108	41,991	660,842	SH		SOLE	none	660,842	0	0
AIR METHODS CORP	COM	009128307	246	7,265	SH		SOLE	none	7,265	0	0
AK STEEL HOLDING CORP	COM	001547108	1,802	592,600	SH		SOLE	none	592,600	0	0
ALLEGHENY TECHNOLOGIES	DEBT	01741RAD4	4,137	4,000,000	PRN		SOLE	none	4,000,000	0	0
ALLSTATE CORP	COM	020002101	23,818	494,966	SH		SOLE	none	494,966	0	0
ALTISOURCE RESIDENTIAL CORP	COM	02153W100	612	36,654	SH		SOLE	none	36,654	0	0
ALTRIA GROUP INC	COM	02209S103	927	26,502	SH		SOLE	none	26,502	0	0
ALTRIA GROUP INC	COM	02209S103	7,372	210,700	SH	Call	SOLE	none	210,700	0	0
ALTRIA GROUP INC	COM	02209S103	3,852	110,100	SH	Put	SOLE	none	110,100	0	0
AMAZON.COM INC	COM	023135106	9,996	36,000	SH	Call	SOLE	none	36,000	0	0
AMAZON.COM INC	COM	023135106	8,580	30,900	SH	Put	SOLE	none	30,900	0	0
AMBIT BIOSCIENCES CORP	COM	02318X100	1,219	174,100	SH		SOLE	none	174,100	0	0
AMERICAN CAMPUS COMMUNITIES	REIT	024835100	11,902	292,700	SH		SOLE	none	292,700	0	0
AMERICAN CAPITAL AGENCY CORP	REIT	02503X105	28,466	1,237,138	SH		SOLE	none	1,237,138	0	0
AMERICAN CAPITAL LTD	COM	02503Y103	95,760	7,557,950	SH		SOLE	none	7,557,950	0	0
AMERICAN CAPITAL MORTGAGE IN	REIT	02504A104	62,969	3,503,152	SH		SOLE	none	3,503,152	0	0
AMERICAN EXPRESS CO	COM	025816109	7,125	95,300	SH	Call	SOLE	none	95,300	0	0
AMERICAN EXPRESS CO	COM	025816109	6,392	85,500	SH	Put	SOLE	none	85,500	0	0
AMERICAN INTERNATIONAL GROUP	COM	026874784	1,202	26,900	SH	Call	SOLE	none	26,900	0	0
AMERICAN INTERNATIONAL GROUP	COM	026874784	1,202	26,900	SH	Put	SOLE	none	26,900	0	0
AMGEN INC	COM	031162100	3,247	32,908	SH		SOLE	none	32,908	0	0
AMGEN INC	COM	031162100	7,094	71,900	SH	Call	SOLE	none	71,900	0	0
AMGEN INC	COM	031162100	6,848	69,400	SH	Put	SOLE	none	69,400	0	0
AMTRUST FINANCIAL SERVIC	DEBT	032359AC5	37,728	26,900,000	PRN		SOLE	none	26,900,000	0	0
ANADARKO PETROLEUM CORP	COM	032511107	20,237	235,503	SH		SOLE	none	235,503	0	0
ANDINA ACQUISITION CORP	COM	G0440W100	1,163	116,944	SH		SOLE	none	116,944	0	0
ANDINA ACQUISITION CORP	WRT	G0440W126	71	295,100	SH		SOLE	none	295,100	0	0
ANNALY CAPITAL MANAGEMENT IN	REIT	035710409	44,274	3,522,200	SH	Call	SOLE	none	3,522,200	0	0
ANNALY CAPITAL MGMT	DEBT	035710AB8	167,037	165,597,000	PRN		SOLE	none	99,999,999	0	0
ANWORTH MORTGAGE ASSET CORP	REIT	037347101	54,690	9,765,815	SH		SOLE	none	9,765,815	0	0
APACHE CORP	COM	037411105	8,495	101,331	SH		SOLE	none	101,331	0	0
APOLLO INVESTMENT CORP	COM	03761U106	14,003	1,809,317	SH		SOLE	none	1,809,317	0	0
APOLLO RESIDENTIAL MORTGAGE	REIT	03763V102	23,891	1,449,642	SH		SOLE	none	1,449,642	0	0
APPLE INC	COM	037833100	12,459	31,419	SH		SOLE	none	31,419	0	0
APPLE INC	COM	037833100	85,292	215,100	SH	Call	SOLE	none	215,100	0	0
APPLE INC	COM	037833100	63,603	160,400	SH	Put	SOLE	none	160,400	0	0
AQUASITION CORP	COM	Y0192H103	2,469	249,900	SH		SOLE	none	249,900	0	0
AQUASITION CORP	WRT	Y0192H111	62	256,600	SH		SOLE	none	256,600	0	0
ARBITRON INC	COM	03875Q108	24,122	519,307	SH		SOLE	none	519,307	0	0
ARES CAPITAL CORP	COM	04010L103	5,875	341,598	SH		SOLE	none	341,598	0	0
ARES CAPITAL CORP	DEBT	04010LAD5	6,924	6,500,000	PRN		SOLE	none	6,500,000	0	0
ARGO GROUP INTERNATIONAL	COM	G0464B107	3,106	73,260	SH		SOLE	none	73,260	0	0
ARMOUR RESIDENTIAL REIT INC	REIT	042315101	49,070	10,418,348	SH		SOLE	none	10,418,348	0	0
ARMOUR RESIDENTIAL REIT INC	WRT	042315119	50	5,036,672	SH		SOLE	none	5,036,672	0	0
AT&;T INC	COM	00206R102	12,543	354,314	SH		SOLE	none	354,314	0	0
AT&;T INC	COM	00206R102	19,541	552,000	SH	Call	SOLE	none	552,000	0	0
AT&;T INC	COM	00206R102	18,015	508,900	SH	Put	SOLE	none	508,900	0	0
ATLAS FINANCIAL HOLDINGS INC	COM	G06207115	378	42,209	SH		SOLE	none	42,209	0	0
AUTODESK INC	COM	052769106	776	22,877	SH		SOLE	none	22,877	0	0
AVALONBAY COMMUNITIES INC	REIT	053484101	21,741	161,150	SH		SOLE	none	161,150	0	0
BAIDU INC - SPON ADR	ADR	056752108	4,730	50,000	SH		SOLE	none	50,000	0	0
BALTIC TRADING LTD	COM	Y0553W103	1,205	325,000	SH		SOLE	none	325,000	0	0
BANK OF AMERICA CORP	COM	060505104	12,766	992,700	SH	Call	SOLE	none	992,700	0	0
BANK OF AMERICA CORP	COM	060505104	10,579	822,600	SH	Put	SOLE	none	822,600	0	0
BANK OF MONTREAL	COM	063671101	19,063	312,500	SH	Put	SOLE	none	312,500	0	0
BANK OF NOVA SCOTIA	COM	064149107	9,128	162,500	SH	Put	SOLE	none	162,500	0	0
BEAZER HOMES USA INC	COM	07556Q881	9,713	554,415	SH		SOLE	none	554,415	0	0
BERKSHIRE HATHAWAY INC-CL B	COM	084670702	11,102	99,200	SH	Call	SOLE	none	99,200	0	0
BERKSHIRE HATHAWAY INC-CL B	COM	084670702	11,046	98,700	SH	Put	SOLE	none	98,700	0	0
BGS ACQUISITION CORP	COM	G1082J100	4,165	411,500	SH		SOLE	none	411,500	0	0
BGS ACQUISITION CORP	WRT	G1082J118	135	676,000	SH		SOLE	none	676,000	0	0
BIOAMBER INC	COM	09072Q106	3,655	537,500	SH		SOLE	none	537,500	0	0
BIOAMBER INC	WRT	09072Q114	293	532,000	SH		SOLE	none	532,000	0	0
BIOMARIN PHARMACEUTICAL	DEBT	09061GAD3	13,089	4,700,000	PRN		SOLE	none	4,700,000	0	0
BIOSCRIP INC	COM	09069N108	876	53,079	SH		SOLE	none	53,079	0	0
BLACKROCK CORPORATE HY FD 5	FUND	09255N102	2,307	188,671	SH		SOLE	none	188,671	0	0
BLACKROCK CORPORATE HY FD VI	FUND	09255P107	3,462	289,026	SH		SOLE	none	289,026	0	0
BLACKROCK MUNI INTERM DURATI	FUND	09253X102	234	15,884	SH		SOLE	none	15,884	0	0
BLUCORA INC	COM	095229100	1,096	59,100	SH		SOLE	none	59,100	0	0
BLUE WOLF MONGOLIA HOLDINGS	WRT	G11962118	146	581,400	SH		SOLE	none	581,400	0	0
BOEING CO/THE	COM	097023105	2,715	26,500	SH	Call	SOLE	none	26,500	0	0
BOEING CO/THE	COM	097023105	2,234	21,800	SH	Put	SOLE	none	21,800	0	0
BRIGHT HORIZONS FAMILY SOLUT	COM	109194100	902	25,978	SH		SOLE	none	25,978	0	0
BRISTOL-MYERS SQUIBB CO	COM	110122108	3,978	89,000	SH	Call	SOLE	none	89,000	0	0
BRISTOL-MYERS SQUIBB CO	COM	110122108	3,951	88,400	SH	Put	SOLE	none	88,400	0	0
BROADSOFT INC	COM	11133B409	1,099	39,843	SH		SOLE	none	39,843	0	0
BROOKDALE SENIOR LIVING INC	COM	112463104	946	35,800	SH		SOLE	none	35,800	0	0
CABOT OIL &; GAS CORP	COM	127097103	6,034	84,962	SH		SOLE	none	84,962	0	0
CAMPUS CREST COMMUNITIES INC	REIT	13466Y105	2,778	240,650	SH		SOLE	none	240,650	0	0
CAN IMPERIAL BK OF COMMERCE	COM	136069101	23,326	312,500	SH	Put	SOLE	none	312,500	0	0
CATAMARAN CORP	COM	148887102	3,846	78,893	SH		SOLE	none	78,893	0	0
CATERPILLAR INC	COM	149123101	1,130	13,700	SH	Call	SOLE	none	13,700	0	0
CATERPILLAR INC	COM	149123101	495	6,000	SH	Put	SOLE	none	6,000	0	0
CEMEX SAB-SPONS ADR PART CER	ADR	151290889	2,531	239,200	SH		SOLE	none	239,200	0	0
CHANGYOU.COM LTD-ADR	ADR	15911M107	426	14,000	SH		SOLE	none	14,000	0	0
CHART ACQUISITION CORP	COM	161151105	1,494	148,400	SH		SOLE	none	148,400	0	0
CHART ACQUISITION CORP	WRT	161151113	77	148,400	SH		SOLE	none	148,400	0	0
CHART INDUSTRIES INC	COM	16115Q308	8,736	92,843	SH		SOLE	none	92,843	0	0
CHATHAM LODGING TRUST	REIT	16208T102	4,064	236,595	SH		SOLE	none	236,595	0	0
CHEMED CORP	DEBT	16359RAC7	6,325	6,000,000	PRN		SOLE	none	6,000,000	0	0
CHEVRON CORP	COM	166764100	18,436	155,784	SH		SOLE	none	155,784	0	0
CHEVRON CORP	COM	166764100	23,171	195,800	SH	Call	SOLE	none	195,800	0	0
CHEVRON CORP	COM	166764100	13,632	115,200	SH	Put	SOLE	none	115,200	0	0
CHINA HYDROELECTRIC CP-ADS	WRT	G2112E145	22	649,292	SH		SOLE	none	649,292	0	0
CHINA MOBILE LTD-SPON ADR	ADR	16941M109	10,354	200,000	SH	Call	SOLE	none	200,000	0	0
CHINA MOBILE LTD-SPON ADR	ADR	16941M109	10,354	200,000	SH	Put	SOLE	none	200,000	0	0
CHINA PETROLEUM &; CHEM-ADR	ADR	16941R108	3,890	42,513	SH		SOLE	none	42,513	0	0
CHINA UNICOM HONG KONG-ADR	ADR	16945R104	6,570	500,000	SH	Call	SOLE	none	500,000	0	0
CHINA XD PLASTICS CO LTD	COM	16948F107	53	13,000	SH		SOLE	none	13,000	0	0
CIENA CORP	COM	171779309	841	43,296	SH		SOLE	none	43,296	0	0
CIENA CORP	DEBT	171779AK7	19,831	15,300,000	PRN		SOLE	none	15,300,000	0	0
CIMAREX ENERGY CO	COM	171798101	8,624	132,686	SH		SOLE	none	132,686	0	0
CIS ACQUISITION LTD-CLASS A	COM	G21490209	3,823	380,000	SH		SOLE	none	380,000	0	0
CIS ACQUISITION LTD-CLASS A	WRT	G21490118	225	774,600	SH		SOLE	none	774,600	0	0
CISCO SYSTEMS INC	COM	17275R102	13,987	574,800	SH	Call	SOLE	none	574,800	0	0
CISCO SYSTEMS INC	COM	17275R102	10,993	451,700	SH	Put	SOLE	none	451,700	0	0
CITIGROUP INC	COM	172967424	12,352	257,500	SH	Call	SOLE	none	257,500	0	0
CITIGROUP INC	COM	172967424	10,563	220,200	SH	Put	SOLE	none	220,200	0	0
CLEARWIRE CORP-CLASS A	COM	18538Q105	46,403	9,290,032	SH		SOLE	none	9,290,032	0	0
CMS ENERGY CORP	DEBT	125896BD1	33,224	16,685,000	PRN		SOLE	none	16,685,000	0	0
CNA FINANCIAL CORP	COM	126117100	8,921	273,473	SH		SOLE	none	273,473	0	0
COBALT INTERNATIONAL ENERGY	COM	19075F106	10,392	391,128	SH		SOLE	none	391,128	0	0
COCA-COLA CO/THE	COM	191216100	5,468	136,313	SH		SOLE	none	136,313	0	0
COCA-COLA CO/THE	COM	191216100	25,246	629,400	SH	Call	SOLE	none	629,400	0	0
COCA-COLA CO/THE	COM	191216100	13,830	344,800	SH	Put	SOLE	none	344,800	0	0
COGNIZANT TECH SOLUTIONS-A	COM	192446102	1,459	23,286	SH		SOLE	none	23,286	0	0
COLLABRIUM JAPAN ACQUISITION	COM	G2266G102	3,536	350,011	SH		SOLE	none	350,011	0	0
COLLABRIUM JAPAN ACQUISITION	WRT	G2266G110	109	350,000	SH		SOLE	none	350,000	0	0
COLONY FINANCIAL INC	DEBT	19624RAA4	10,217	10,000,000	PRN		SOLE	none	10,000,000	0	0
COMCAST CORP-CLASS A	COM	20030N101	3,901	93,443	SH		SOLE	none	93,443	0	0
COMCAST CORP-CLASS A	COM	20030N101	11,197	268,200	SH	Call	SOLE	none	268,200	0	0
COMCAST CORP-CLASS A	COM	20030N101	9,377	224,600	SH	Put	SOLE	none	224,600	0	0
COMERICA INC	COM	200340107	39,195	984,066	SH		SOLE	none	984,066	0	0
CONOCOPHILLIPS	COM	20825C104	241	3,978	SH		SOLE	none	3,978	0	0
CONOCOPHILLIPS	COM	20825C104	5,931	98,000	SH	Call	SOLE	none	98,000	0	0
CONOCOPHILLIPS	COM	20825C104	5,893	97,400	SH	Put	SOLE	none	97,400	0	0
CONSTANT CONTACT INC	COM	210313102	807	50,223	SH		SOLE	none	50,223	0	0
CRUMBS BAKE SHOP INC	WRT	228803110	9	95,609	SH		SOLE	none	95,609	0	0
CUBESMART	REIT	229663109	17,512	1,095,873	SH		SOLE	none	1,095,873	0	0
CVS CAREMARK CORP	COM	126650100	5,598	97,900	SH	Call	SOLE	none	97,900	0	0
CVS CAREMARK CORP	COM	126650100	5,593	97,800	SH	Put	SOLE	none	97,800	0	0
CYAN INC	COM	23247W104	1,637	156,620	SH		SOLE	none	156,620	0	0
CYS INVESTMENTS INC	REIT	12673A108	61,101	6,634,232	SH		SOLE	none	6,634,232	0	0
DENALI FUND/THE	FUND	24823A102	508	26,099	SH		SOLE	none	26,099	0	0
DFC GLOBAL CORP	COM	23324T107	1,948	141,000	SH		SOLE	none	141,000	0	0
DISCOVER FINANCIAL SERVICES	COM	254709108	35,347	741,956	SH		SOLE	none	741,956	0	0
DOMINION RESOURCES INC	DEBT	25746UAT6	42,002	25,000,000	PRN		SOLE	none	25,000,000	0	0
DRESSER-RAND GROUP INC	COM	261608103	11,805	196,821	SH		SOLE	none	196,821	0	0
DRIL-QUIP INC	COM	262037104	3,483	38,573	SH		SOLE	none	38,573	0	0
EATON VANCE NATIONAL MUNICIP	FUND	27829L105	197	10,000	SH		SOLE	none	10,000	0	0
EBAY INC	COM	278642103	2,215	42,824	SH		SOLE	none	42,824	0	0
EBAY INC	COM	278642103	3,967	76,700	SH	Call	SOLE	none	76,700	0	0
EBAY INC	COM	278642103	3,242	62,700	SH	Put	SOLE	none	62,700	0	0
ECOTALITY INC (LEGENDED)	COM	27922Y202	1,550	1,000,000	SH		SOLE	none	1,000,000	0	0
EDGEN GROUP INC	COM	28014Q107	1,914	300,000	SH		SOLE	none	300,000	0	0
EDWARDS GROUP LTD-SPON ADR	ADR	281736108	2,998	352,727	SH		SOLE	none	352,727	0	0
EINSTEIN NOAH RESTAURANT GRO	COM	28257U104	599	42,188	SH		SOLE	none	42,188	0	0
ELLINGTON RESIDENTIAL MORTGA	REIT	288578107	7,116	398,658	SH		SOLE	none	398,658	0	0
EMERITUS CORP	COM	291005106	452	19,474	SH		SOLE	none	19,474	0	0
EVERCORE PARTNERS INC-CL A	COM	29977A105	15,012	382,190	SH		SOLE	none	382,190	0	0
EVERTEC INC	COM	30040P103	22,434	1,021,043	SH		SOLE	none	1,021,043	0	0
EXPRESS SCRIPTS HOLDING CO	COM	30219G108	3,696	59,867	SH		SOLE	none	59,867	0	0
EXXON MOBIL CORP	COM	30231G102	2,231	24,688	SH		SOLE	none	24,688	0	0
EXXON MOBIL CORP	COM	30231G102	40,242	445,400	SH	Call	SOLE	none	445,400	0	0
EXXON MOBIL CORP	COM	30231G102	34,415	380,900	SH	Put	SOLE	none	380,900	0	0
F5 NETWORKS INC	COM	315616102	1,530	22,240	SH		SOLE	none	22,240	0	0
FEDERATED PREMIER INT MUNI	FUND	31423M105	174	13,345	SH		SOLE	none	13,345	0	0
FIFTH STREET FINANCE CORP	COM	31678A103	2,399	229,569	SH		SOLE	none	229,569	0	0
FINANCIAL SELECT SECTOR SPDR	ETP	81369Y605	22,751	1,170,000	SH	Put	SOLE	none	1,170,000	0	0
FIRST TRUST HIGH INCOME LONG	FUND	33738E109	2,596	147,826	SH		SOLE	none	147,826	0	0
FIRST TRUST STRAT HIGH INC 2	FUND	337353304	2,961	188,042	SH		SOLE	none	188,042	0	0
FORTINET INC	COM	34959E109	606	34,636	SH		SOLE	none	34,636	0	0
FRANKLIN STREET PROPERTIES C	REIT	35471R106	1,371	103,837	SH		SOLE	none	103,837	0	0
GENCORP INC	DEBT	368682AN0	10,726	5,792,000	PRN		SOLE	none	5,792,000	0	0
GENERAL ELECTRIC CO	COM	369604103	45,246	1,951,100	SH	Call	SOLE	none	1,951,100	0	0
GENERAL ELECTRIC CO	COM	369604103	17,842	769,400	SH	Put	SOLE	none	769,400	0	0
GENERAL MOTORS CO	WRT	37045V118	50,312	2,096,328	SH		SOLE	none	2,096,328	0	0
GENERAL MOTORS CO	WRT	37045V126	157,936	9,577,705	SH		SOLE	none	9,577,705	0	0
GIANT INTERACTIVE GROUP-ADR	ADR	374511103	599	74,790	SH		SOLE	none	74,790	0	0
GILEAD SCIENCES INC	COM	375558103	765	14,913	SH		SOLE	none	14,913	0	0
GILEAD SCIENCES INC	COM	375558103	6,401	124,800	SH	Call	SOLE	none	124,800	0	0
GILEAD SCIENCES INC	COM	375558103	6,191	120,700	SH	Put	SOLE	none	120,700	0	0
GLOBAL BRASS &; COPPER HOLDIN	COM	37953G103	3,574	269,900	SH		SOLE	none	269,900	0	0
GLOBAL POWER EQUIPMENT GROUP	COM	37941P306	985	61,139	SH		SOLE	none	61,139	0	0
GOLDMAN SACHS GROUP INC	COM	38141G104	7,064	46,700	SH	Call	SOLE	none	46,700	0	0
GOLDMAN SACHS GROUP INC	COM	38141G104	5,551	36,700	SH	Put	SOLE	none	36,700	0	0
GOOGLE INC-CL A	COM	38259P508	2,537	2,881	SH		SOLE	none	2,881	0	0
GOOGLE INC-CL A	COM	38259P508	17,428	19,800	SH	Call	SOLE	none	19,800	0	0
GOOGLE INC-CL A	COM	38259P508	13,733	15,600	SH	Put	SOLE	none	15,600	0	0
GREENBRIER COMPANIES INC	COM	393657101	1,304	53,488	SH		SOLE	none	53,488	0	0
GULFMARK OFFSHORE INC-CL A	COM	402629208	6,207	137,655	SH		SOLE	none	137,655	0	0
HALLIBURTON CO	COM	406216101	19,502	467,456	SH		SOLE	none	467,456	0	0
HANNON ARMSTRONG SUSTAINABLE	COM	41068X100	1,782	150,000	SH		SOLE	none	150,000	0	0
HAWAIIAN TELCOM HOLDCO INC	COM	420031106	9,082	361,003	SH		SOLE	none	361,003	0	0
HEALTH INSURANCE INNOVATIO-A	COM	42225K106	2,893	275,000	SH		SOLE	none	275,000	0	0
HEALTHSOUTH CORP	COM	421924309	6,135	213,009	SH		SOLE	none	213,009	0	0
HEARTLAND PAYMENT SYSTEMS IN	COM	42235N108	33,654	903,477	SH		SOLE	none	903,477	0	0
HEARTWARE INTERNATIONAL INC	COM	422368100	6,783	71,320	SH		SOLE	none	71,320	0	0
HELIOS ADVANTAGE INCOME FUND	FUND	42327W206	645	77,625	SH		SOLE	none	77,625	0	0
HELIOS HIGH INCOME FUND INC	FUND	42327X204	431	52,874	SH		SOLE	none	52,874	0	0
HELIOS MULTI-SECTOR HIGH INC	FUND	42327Y202	600	105,025	SH		SOLE	none	105,025	0	0
HMS HOLDINGS CORP	COM	40425J101	2,785	119,556	SH		SOLE	none	119,556	0	0
HMS HOLDINGS CORP	COM	40425J101	699	30,000	SH	Call	SOLE	none	30,000	0	0
HOLOGIC INC	COM	436440101	1,531	79,356	SH		SOLE	none	79,356	0	0
HOME DEPOT INC	COM	437076102	12,194	157,400	SH	Call	SOLE	none	157,400	0	0
HOME DEPOT INC	COM	437076102	8,995	116,100	SH	Put	SOLE	none	116,100	0	0
HOME LOAN SERVICING SOLUTION	COM	G6648D109	28,236	1,177,882	SH		SOLE	none	1,177,882	0	0
HORNBECK OFFSHORE SERVICES	COM	440543106	8,675	162,146	SH		SOLE	none	162,146	0	0
HOVNANIAN ENTERPRISES-A	COM	442487203	321	57,220	SH		SOLE	none	57,220	0	0
HUMANA INC	COM	444859102	17,866	211,744	SH		SOLE	none	211,744	0	0
IAC/INTERACTIVECORP	COM	44919P508	3,225	67,780	SH		SOLE	none	67,780	0	0
ICONIX BRAND GROUP INC	COM	451055107	3,097	105,300	SH		SOLE	none	105,300	0	0
INCONTACT INC	COM	45336E109	1,627	197,921	SH		SOLE	none	197,921	0	0
INFINITY CROSS BORDER ACQUIS	COM	G4772R101	2,470	315,000	SH		SOLE	none	315,000	0	0
INFINITY CROSS BORDER ACQUIS	WRT	G4772R119	199	315,000	SH		SOLE	none	315,000	0	0
INFORMATICA CORP	COM	45666Q102	810	23,162	SH		SOLE	none	23,162	0	0
INLAND REAL ESTATE CORP	DEBT	457461AC5	1,148	1,059,000	PRN		SOLE	none	1,059,000	0	0
INTEL CORP	COM	458140100	11,717	483,600	SH	Call	SOLE	none	483,600	0	0
INTEL CORP	COM	458140100	10,830	447,000	SH	Put	SOLE	none	447,000	0	0
INTL BUSINESS MACHINES CORP	COM	459200101	33,406	174,800	SH	Call	SOLE	none	174,800	0	0
INTL BUSINESS MACHINES CORP	COM	459200101	17,373	90,900	SH	Put	SOLE	none	90,900	0	0
INVESCO LTD	COM	G491BT108	14,882	468,000	SH		SOLE	none	468,000	0	0
INVESCO QUALITY MUNI INC TR	FUND	46133G107	270	22,300	SH		SOLE	none	22,300	0	0
INVESTMENT TECHNOLOGY GROUP	COM	46145F105	3,495	250,000	SH	Call	SOLE	none	250,000	0	0
IPATH S&;P 500 VIX S/T FU ETN	ETP	06740C188	6,214	300,000	SH		SOLE	none	300,000	0	0
IPATH S&;P 500 VIX S/T FU ETN	ETP	06740C188	20,710	1,000,000	SH	Call	SOLE	none	1,000,000	0	0
IPATH S&;P 500 VIX S/T FU ETN	ETP	06740C188	20,710	1,000,000	SH	Put	SOLE	none	1,000,000	0	0
ISHARES CHINA LARGE-CAP ETF	ETP	464287184	32,520	1,000,000	SH	Call	SOLE	none	1,000,000	0	0
ISHARES IBOXX HIGH YIELD COR	ETP	464288513	6,622	72,860	SH		SOLE	none	72,860	0	0
ISHARES MSCI EAFE ETF	ETP	464287465	28,656	500,100	SH	Call	SOLE	none	500,100	0	0
ISHARES MSCI EAFE ETF	ETP	464287465	57,300	1,000,000	SH	Put	SOLE	none	1,000,000	0	0
JA SOLAR HOLDINGS CO LTD-ADR	ADR	466090206	533	74,000	SH		SOLE	none	74,000	0	0
JOHNSON &; JOHNSON	COM	478160104	50,193	584,600	SH	Call	SOLE	none	584,600	0	0
JOHNSON &; JOHNSON	COM	478160104	22,263	259,300	SH	Put	SOLE	none	259,300	0	0
JPMORGAN CHASE &; CO	COM	46625H100	19,560	370,500	SH	Call	SOLE	none	370,500	0	0
JPMORGAN CHASE &; CO	COM	46625H100	14,782	280,000	SH	Put	SOLE	none	280,000	0	0
KB HOME	COM	48666K109	10,921	556,300	SH		SOLE	none	556,300	0	0
KEY ENERGY SERVICES INC	COM	492914106	3,713	624,042	SH		SOLE	none	624,042	0	0
KNIGHT CAPITAL GROUP INC	DEBT	499005AE6	68,155	68,500,000	PRN		SOLE	none	68,500,000	0	0
KNOT OFFSHORE PARTNERS LP	COM	Y48125101	1,241	56,345	SH		SOLE	none	56,345	0	0
KOSMOS ENERGY LTD	COM	G5315B107	6,393	629,213	SH		SOLE	none	629,213	0	0
LAS VEGAS SANDS CORP	COM	517834107	1,711	32,322	SH		SOLE	none	32,322	0	0
LENNAR CORP-A	COM	526057104	11,750	326,011	SH		SOLE	none	326,011	0	0
LIBERTY INTERACTIVE LLC	DEBT	530715AN1	18,706	36,500,000	PRN		SOLE	none	36,500,000	0	0
LINCOLN NATIONAL CORP	COM	534187109	45,198	1,239,293	SH		SOLE	none	1,239,293	0	0
LJ INTERNATIONAL INC	COM	G55312105	5,804	2,946,050	SH		SOLE	none	2,946,050	0	0
LOWE'S COS INC	COM	548661107	21,808	533,200	SH		SOLE	none	533,200	0	0
MACQUARIE GLOBAL INFR TOT RT	FUND	55608D101	231	11,302	SH		SOLE	none	11,302	0	0
MANAGED HI YLD PLUS FUND INC	FUND	561911108	734	366,765	SH		SOLE	none	366,765	0	0
MARATHON OIL CORP	COM	565849106	3,428	99,133	SH		SOLE	none	99,133	0	0
MARIN SOFTWARE INC	COM	56804T106	2,315	226,000	SH		SOLE	none	226,000	0	0
MARSH &; MCLENNAN COS	COM	571748102	10,998	275,500	SH		SOLE	none	275,500	0	0
MASCO CORP	COM	574599106	10,958	562,300	SH		SOLE	none	562,300	0	0
MAST THERAPEUTICS INC	COM	576314108	1,106	2,578,486	SH		SOLE	none	2,578,486	0	0
MAXIMUS INC	COM	577933104	3,123	41,930	SH		SOLE	none	41,930	0	0
MCDONALD'S CORP	COM	580135101	2,307	23,302	SH		SOLE	none	23,302	0	0
MCDONALD'S CORP	COM	580135101	8,426	85,100	SH	Call	SOLE	none	85,100	0	0
MCDONALD'S CORP	COM	580135101	6,109	61,700	SH	Put	SOLE	none	61,700	0	0
MEDIVATION INC	COM	58501N101	1,727	35,100	SH		SOLE	none	35,100	0	0
MEDNAX INC	COM	58502B106	3,181	34,735	SH		SOLE	none	34,735	0	0
MEDTRONIC INC	COM	585055106	1,023	19,882	SH		SOLE	none	19,882	0	0
MELCO CROWN ENTERTAINME-ADR	ADR	585464100	3,207	143,426	SH		SOLE	none	143,426	0	0
MELCO CROWN ENTERTAINME-ADR	ADR	585464100	4,856	217,000	SH	Call	SOLE	none	217,000	0	0
MERCK &; CO. INC.	COM	58933Y105	17,758	382,300	SH	Call	SOLE	none	382,300	0	0
MERCK &; CO. INC.	COM	58933Y105	12,751	274,500	SH	Put	SOLE	none	274,500	0	0
MFA FINANCIAL INC	REIT	55272X102	4,243	502,136	SH		SOLE	none	502,136	0	0
MFS INVESTMENT GRADE MUNICIP	FUND	59318B108	194	20,800	SH		SOLE	none	20,800	0	0
MGIC INVESTMENT CORP	DEBT	552848AD5	1,020	1,000,000	PRN		SOLE	none	1,000,000	0	0
MICROSOFT CORP	COM	594918104	252	7,300	SH		SOLE	none	7,300	0	0
MICROSOFT CORP	COM	594918104	19,891	575,900	SH	Call	SOLE	none	575,900	0	0
MICROSOFT CORP	COM	594918104	25,574	740,400	SH	Put	SOLE	none	740,400	0	0
MICROSTRATEGY INC-CL A	COM	594972408	662	7,614	SH		SOLE	none	7,614	0	0
MOHAWK INDUSTRIES INC	COM	608190104	34,820	309,538	SH		SOLE	none	309,538	0	0
MOLSON COORS BREWING CO	DEBT	60871RAA8	5,031	5,000,000	PRN		SOLE	none	5,000,000	0	0
MORGAN STANLEY	COM	617446448	7,719	316,000	SH	Put	SOLE	none	316,000	0	0
MORGAN STANLEY EAST EUROPE	FUND	616988101	536	33,139	SH		SOLE	none	33,139	0	0
MORGANS HOTEL GROUP CO	COM	61748W108	11,630	1,442,890	SH		SOLE	none	1,442,890	0	0
MOSYS INC	COM	619718109	834	207,349	SH		SOLE	none	207,349	0	0
MYLAN INC	DEBT	628530AJ6	23,709	10,000,000	PRN		SOLE	none	10,000,000	0	0
NATL RETAIL PROPERTIES	DEBT	637417AC0	33,157	24,455,000	PRN		SOLE	none	24,455,000	0	0
NAUTILUS MARINE ACQUISITION	WRT	Y6255E119	55	696,915	SH		SOLE	none	696,915	0	0
NETAPP INC	COM	64110D104	1,696	44,884	SH		SOLE	none	44,884	0	0
NEUBERGER BERMAN HIGH YIELD	FUND	64128C106	1,289	100,567	SH		SOLE	none	100,567	0	0
NEW ORIENTAL EDUCATIO-SP ADR	ADR	647581107	4,524	204,273	SH		SOLE	none	204,273	0	0
NEW ORIENTAL EDUCATIO-SP ADR	ADR	647581107	3,323	150,000	SH	Put	SOLE	none	150,000	0	0
NEW RESIDENTIAL INVESTMENT	REIT	64828T102	54,681	8,112,823	SH		SOLE	none	8,112,823	0	0
NOBLE ENERGY INC	COM	655044105	13,195	219,779	SH		SOLE	none	219,779	0	0
NQ MOBILE INC - ADR	ADR	64118U108	1,178	145,853	SH		SOLE	none	145,853	0	0
NUVEEN MD PREMIUM INC MUNI	FUND	67061Q107	192	14,350	SH		SOLE	none	14,350	0	0
NUVEEN MUNI ADVANTAGE FUND	FUND	67062H106	186	13,800	SH		SOLE	none	13,800	0	0
NUVEEN QUALITY INCOME MUNI	FUND	670977107	228	16,900	SH		SOLE	none	16,900	0	0
NUVEEN SELECT QUALTY MUNI FD	FUND	670973106	349	25,700	SH		SOLE	none	25,700	0	0
OCCIDENTAL PETROLEUM CORP	COM	674599105	6,132	68,700	SH	Call	SOLE	none	68,700	0	0
OCCIDENTAL PETROLEUM CORP	COM	674599105	5,676	63,600	SH	Put	SOLE	none	63,600	0	0
OCEANEERING INTL INC	COM	675232102	6,377	88,315	SH		SOLE	none	88,315	0	0
OCWEN FINANCIAL CORP	COM	675746309	151,240	3,669,116	SH		SOLE	none	3,669,116	0	0
OFS CAPITAL CORP	COM	67103B100	1,358	114,098	SH		SOLE	none	114,098	0	0
OMNICOM GROUP INC	DEBT	681919AV8	3,444	3,000,000	PRN		SOLE	none	3,000,000	0	0
ORACLE CORP	COM	68389X105	4,954	161,302	SH		SOLE	none	161,302	0	0
ORACLE CORP	COM	68389X105	9,323	303,600	SH	Call	SOLE	none	303,600	0	0
ORACLE CORP	COM	68389X105	6,772	220,500	SH	Put	SOLE	none	220,500	0	0
PARKERVISION INC	COM	701354102	228	50,000	SH		SOLE	none	50,000	0	0
PEOPLE'S UNITED FINANCIAL	COM	712704105	2,069	138,856	SH		SOLE	none	138,856	0	0
PEOPLE'S UNITED FINANCIAL	COM	712704105	26,820	1,800,000	SH	Put	SOLE	none	1,800,000	0	0
PEPSICO INC	COM	713448108	960	11,734	SH		SOLE	none	11,734	0	0
PEPSICO INC	COM	713448108	12,473	152,500	SH	Call	SOLE	none	152,500	0	0
PEPSICO INC	COM	713448108	11,474	140,300	SH	Put	SOLE	none	140,300	0	0
PERFORMANT FINANCIAL CORP	COM	71377E105	5,586	482,017	SH		SOLE	none	482,017	0	0
PERICOM SEMICONDUCTOR CORP	COM	713831105	1,780	250,000	SH		SOLE	none	250,000	0	0
PETROCHINA CO LTD -ADR	ADR	71646E100	4,801	43,378	SH		SOLE	none	43,378	0	0
PFIZER INC	COM	717081103	70,914	2,531,738	SH		SOLE	none	2,531,738	0	0
PFIZER INC	COM	717081103	21,076	752,400	SH	Call	SOLE	none	752,400	0	0
PFIZER INC	COM	717081103	107,699	3,845,000	SH	Put	SOLE	none	3,845,000	0	0
PGT INC	COM	69336V101	7,886	909,635	SH		SOLE	none	909,635	0	0
PHH CORP	DEBT	693320AQ6	36,062	20,000,000	PRN		SOLE	none	20,000,000	0	0
PHILIP MORRIS INTERNATIONAL	COM	718172109	5,260	60,722	SH		SOLE	none	60,722	0	0
PHILIP MORRIS INTERNATIONAL	COM	718172109	7,909	91,300	SH	Call	SOLE	none	91,300	0	0
PHILIP MORRIS INTERNATIONAL	COM	718172109	7,873	90,900	SH	Put	SOLE	none	90,900	0	0
PRICELINE.COM INC	COM	741503403	13,932	16,853	SH		SOLE	none	16,853	0	0
PRIME ACQUISITION CORP	WRT	G72436127	68	181,000	SH		SOLE	none	181,000	0	0
PROCTER &; GAMBLE CO/THE	COM	742718109	5,591	72,625	SH		SOLE	none	72,625	0	0
PROCTER &; GAMBLE CO/THE	COM	742718109	20,941	272,000	SH	Call	SOLE	none	272,000	0	0
PROCTER & GAMBLE CO/THE	COM	742718109	18,886	245,300	SH	Put	SOLE	none	245,300	0	0
PROGRESSIVE CORP	COM	743315103	3,597	141,494	SH		SOLE	none	141,494	0	0
PROSPECT CAPITAL CORP	COM	74348T102	2,970	274,978	SH		SOLE	none	274,978	0	0
PROSPECT CAPITAL CORP	DEBT	74348TAC6	17,072	15,707,000	PRN		SOLE	none	15,707,000	0	0
PROSPECT CAPITAL CORP	DEBT	74348TAK8	518	500,000	PRN		SOLE	none	500,000	0	0
PROSPECT GLOBAL RESOURCES IN	COM	74348X103	81	1,003,211	SH		SOLE	none	1,003,211	0	0
PRUDENTIAL FINANCIAL INC	COM	744320102	32,602	446,428	SH		SOLE	none	446,428	0	0
PUBLIC STORAGE	REIT	74460D109	19,657	128,205	SH		SOLE	none	128,205	0	0
PULTEGROUP INC	COM	745867101	1,057	55,735	SH		SOLE	none	55,735	0	0
QIHOO 360 TECHNOLOGY CO-ADR	ADR	74734M109	738	15,972	SH		SOLE	none	15,972	0	0
QIWI PLC-SPONSORED ADR	ADR	74735M108	5,068	218,411	SH		SOLE	none	218,411	0	0
QLIK TECHNOLOGIES INC	COM	74733T105	540	19,082	SH		SOLE	none	19,082	0	0
QUALCOMM INC	COM	747525103	3,755	61,462	SH		SOLE	none	61,462	0	0
QUALCOMM INC	COM	747525103	10,935	179,000	SH	Call	SOLE	none	179,000	0	0
QUALCOMM INC	COM	747525103	8,914	145,900	SH	Put	SOLE	none	145,900	0	0
QUICKSILVER RESOURCES INC	COM	74837R104	1,532	911,657	SH		SOLE	none	911,657	0	0
RACKSPACE HOSTING INC	COM	750086100	1,012	26,697	SH		SOLE	none	26,697	0	0
RAIT FINANCIAL TRUST	DEBT	749227AA2	16,416	13,184,000	PRN		SOLE	none	13,184,000	0	0
RED HAT INC	COM	756577102	2,823	59,033	SH		SOLE	none	59,033	0	0
REDWOOD TRUST INC	DEBT	758075AB1	57,424	57,700,000	PRN		SOLE	none	57,700,000	0	0
RENAISSANCERE HOLDINGS LTD	COM	G7496G103	4,337	49,974	SH		SOLE	none	49,974	0	0
RESOLUTE ENERGY CORP	WRT	76116A116	7	19,466	SH		SOLE	none	19,466	0	0
RITE AID CORP	DEBT	767754BU7	1,632	1,150,000	PRN		SOLE	none	1,150,000	0	0
RLI CORP	COM	749607107	495	6,472	SH		SOLE	none	6,472	0	0
ROYAL BANK OF CANADA	COM	780087102	1,554	25,361	SH		SOLE	none	25,361	0	0
ROYAL BANK OF CANADA	COM	780087102	39,508	644,700	SH	Put	SOLE	none	644,700	0	0
ROYCE FOCUS TRUST INC	FUND	78080N108	400	57,342	SH		SOLE	none	57,342	0	0
SAFEGUARD SCIENTIFICS IN	DEBT	786449AJ7	6,635	6,000,000	PRN		SOLE	none	6,000,000	0	0
SANDISK CORP	COM	80004C101	41,990	687,237	SH		SOLE	none	687,237	0	0
SCHLUMBERGER LTD	COM	806857108	27,981	390,454	SH		SOLE	none	390,454	0	0
SCHLUMBERGER LTD	COM	806857108	7,652	106,800	SH	Call	SOLE	none	106,800	0	0
SCHLUMBERGER LTD	COM	806857108	7,602	106,100	SH	Put	SOLE	none	106,100	0	0
SCORPIO TANKERS INC	COM	Y7542C106	19,894	2,215,324	SH		SOLE	none	2,215,324	0	0
SEI INVESTMENTS COMPANY	COM	784117103	18,246	641,811	SH		SOLE	none	641,811	0	0
SIGMA-ALDRICH	COM	826552101	61,047	759,100	SH	Call	SOLE	none	759,100	0	0
SILVER STANDARD RESOURCES	COM	82823L106	380	60,000	SH		SOLE	none	60,000	0	0
SINCLAIR BROADCAST GROUP -A	COM	829226109	433	14,747	SH		SOLE	none	14,747	0	0
SINOVAC BIOTECH LTD	COM	P8696W104	3,326	846,554	SH		SOLE	none	846,554	0	0
SM ENERGY CO	COM	78454L100	7,063	117,757	SH		SOLE	none	117,757	0	0
SOHU.COM INC	COM	83408W103	246	4,000	SH		SOLE	none	4,000	0	0
SOLAR CAPITAL LTD	COM	83413U100	6,970	301,879	SH		SOLE	none	301,879	0	0
SONY CORP-SPONSORED ADR	ADR	835699307	3,721	175,640	SH		SOLE	none	175,640	0	0
SOUTHWESTERN ENERGY CO	COM	845467109	5,797	158,696	SH		SOLE	none	158,696	0	0
SPDR GOLD TRUST	ETP	78463V107	3,574	30,000	SH	Call	SOLE	none	30,000	0	0
SPDR GOLD TRUST	ETP	78463V107	3,574	30,000	SH	Put	SOLE	none	30,000	0	0
SPDR S&P 500 ETF TRUST	ETP	78462F103	232,609	1,450,000	SH	Call	SOLE	none	1,450,000	0	0
SPDR S&P 500 ETF TRUST	ETP	78462F103	785,062	4,893,800	SH	Put	SOLE	none	4,893,800	0	0
SPRINT NEXTEL CORP	COM	852061100	60,647	8,639,117	SH		SOLE	none	8,639,117	0	0
SPRINT NEXTEL CORP	COM	852061100	30,768	4,383,000	SH	Call	SOLE	none	4,383,000	0	0
SS&C TECHNOLOGIES HOLDINGS	COM	78467J100	3,018	91,732	SH		SOLE	none	91,732	0	0
ST JUDE MEDICAL INC	COM	790849103	1,598	35,021	SH		SOLE	none	35,021	0	0
STEALTHGAS INC	COM	Y81669106	4,387	398,810	SH		SOLE	none	398,810	0	0
STERLITE INDUSTRIES LTD	DEBT	859737AB4	23,077	23,700,000	PRN		SOLE	none	23,700,000	0	0
STONE ENERGY CORP	COM	861642106	5,242	237,966	SH		SOLE	none	237,966	0	0
SUNTECH POWER HLDGS CO	DEBT	86800CAE4	795	3,000,000	PRN		SOLE	none	3,000,000	0	0
SUNTRUST BANKS INC	COM	867914103	44,795	1,418,868	SH		SOLE	none	1,418,868	0	0
SUPERIOR ENERGY SERVICES INC	COM	868157108	8,052	310,406	SH		SOLE	none	310,406	0	0
TAKE-TWO INTERACTIVE SOFTWRE	COM	874054109	1,412	94,300	SH		SOLE	none	94,300	0	0
TAL EDUCATION GROUP- ADR	ADR	874080104	578	55,200	SH		SOLE	none	55,200	0	0
TAMINCO CORP	COM	87509U106	5,261	257,999	SH		SOLE	none	257,999	0	0
TARGET CORP	COM	87612E106	20,656	300,000	SH	Put	SOLE	none	300,000	0	0
TD AMERITRADE HOLDING CORP	COM	87236Y108	33,061	1,361,071	SH		SOLE	none	1,361,071	0	0
TESLA MOTORS INC	DEBT	88160RAA9	28,076	25,000,000	PRN		SOLE	none	25,000,000	0	0
TETRAPHASE PHARMACEUTICALS I	COM	88165N105	2,557	363,667	SH		SOLE	none	363,667	0	0
THERMO FISHER SCIENTIFIC INC	COM	883556102	1,044	12,339	SH		SOLE	none	12,339	0	0
THORATEC CORP	COM	885175307	1,591	50,802	SH		SOLE	none	50,802	0	0
TIBCO SOFTWARE INC	COM	88632Q103	563	26,308	SH		SOLE	none	26,308	0	0
TITAN MACHINERY INC	COM	88830R101	1,364	69,500	SH		SOLE	none	69,500	0	0
TORONTO-DOMINION BANK	COM	891160509	52,802	625,100	SH	Put	SOLE	none	625,100	0	0
TOWERSTREAM CORP	COM	892000100	2,191	859,041	SH		SOLE	none	859,041	0	0
TRINA SOLAR LTD	DEBT	89628EAA2	4,945	5,000,000	PRN		SOLE	none	5,000,000	0	0
TRINA SOLAR LTD-SPON ADR	ADR	89628E104	307	51,550	SH		SOLE	none	51,550	0	0
TTM TECHNOLOGIES	COM	87305R109	776	92,464	SH		SOLE	none	92,464	0	0
TYSON FOODS INC	DEBT	902494AP8	30,662	20,000,000	PRN		SOLE	none	20,000,000	0	0
UBIQUITI NETWORKS INC	COM	90347A100	2,520	143,698	SH		SOLE	none	143,698	0	0
UNION PACIFIC CORP	COM	907818108	5,647	36,600	SH	Call	SOLE	none	36,600	0	0
UNION PACIFIC CORP	COM	907818108	5,647	36,600	SH	Put	SOLE	none	36,600	0	0
UNITED INSURANCE HOLDINGS CO	COM	910710102	1,259	180,229	SH		SOLE	none	180,229	0	0
UNITED PARCEL SERVICE-CL B	COM	911312106	1,436	16,600	SH	Call	SOLE	none	16,600	0	0
UNITED PARCEL SERVICE-CL B	COM	911312106	1,116	12,900	SH	Put	SOLE	none	12,900	0	0
UNITED TECHNOLOGIES CORP	COM	913017109	8,150	87,700	SH	Call	SOLE	none	87,700	0	0
UNITED TECHNOLOGIES CORP	COM	913017109	6,263	67,400	SH	Put	SOLE	none	67,400	0	0
UNITEDHEALTH GROUP INC	COM	91324P102	3,274	50,000	SH	Call	SOLE	none	50,000	0	0
UNITEDHEALTH GROUP INC	COM	91324P102	3,268	49,900	SH	Put	SOLE	none	49,900	0	0
UNIVERSAL BUSINESS PAYMENT S	COM	913384103	334	111,234	SH		SOLE	none	111,234	0	0
UNIVERSAL HEALTH SERVICES-B	COM	913903100	527	7,866	SH		SOLE	none	7,866	0	0
US AIRWAYS GROUP INC	COM	90341W108	14,822	902,700	SH		SOLE	none	902,700	0	0
US AIRWAYS GROUP INC	COM	90341W108	13,036	793,900	SH	Call	SOLE	none	793,900	0	0
US AIRWAYS GROUP INC	COM	90341W108	16,464	1,002,700	SH	Put	SOLE	none	1,002,700	0	0
US BANCORP	COM	902973304	21,928	606,550	SH		SOLE	none	606,550	0	0
US BANCORP	COM	902973304	11,164	308,800	SH	Call	SOLE	none	308,800	0	0
US BANCORP	COM	902973304	3,591	99,300	SH	Put	SOLE	none	99,300	0	0
VERIZON COMMUNICATIONS INC	COM	92343V104	3,351	66,571	SH		SOLE	none	66,571	0	0
VERIZON COMMUNICATIONS INC	COM	92343V104	14,166	281,400	SH	Call	SOLE	none	281,400	0	0
VERIZON COMMUNICATIONS INC	COM	92343V104	13,622	270,600	SH	Put	SOLE	none	270,600	0	0
VISA INC-CLASS A SHARES	COM	92826C839	5,098	27,900	SH	Call	SOLE	none	27,900	0	0
VISA INC-CLASS A SHARES	COM	92826C839	5,007	27,400	SH	Put	SOLE	none	27,400	0	0
VODAFONE GROUP PLC-SP ADR	ADR	92857W209	88,146	3,066,500	SH	Call	SOLE	none	3,066,500	0	0
WAL-MART STORES INC	COM	931142103	5,444	73,080	SH		SOLE	none	73,080	0	0
WAL-MART STORES INC	COM	931142103	18,206	244,400	SH	Call	SOLE	none	244,400	0	0
WAL-MART STORES INC	COM	931142103	8,417	113,000	SH	Put	SOLE	none	113,000	0	0
WALT DISNEY CO/THE	COM	254687106	11,127	176,200	SH	Call	SOLE	none	176,200	0	0
WALT DISNEY CO/THE	COM	254687106	10,282	162,800	SH	Put	SOLE	none	162,800	0	0
WALTER INVESTMENT MANAGEMENT	COM	93317W102	54,043	1,598,486	SH		SOLE	none	1,598,486	0	0
WALTER INVESTMENT MGMT	DEBT	93317WAA0	31,332	31,138,000	PRN		SOLE	none	31,138,000	0	0
WELLCARE HEALTH PLANS INC	COM	94946T106	1,105	19,889	SH		SOLE	none	19,889	0	0
WELLPOINT INC	COM	94973V107	1,621	19,798	SH		SOLE	none	19,798	0	0
WELLS FARGO & CO	COM	949746101	22,369	542,000	SH	Call	SOLE	none	542,000	0	0
WELLS FARGO & CO	COM	949746101	17,186	416,400	SH	Put	SOLE	none	416,400	0	0
WESTERN ASSET HIGH INCOME OP	FUND	95766K109	2,462	414,458	SH		SOLE	none	414,458	0	0
WESTERN ASSET HIGH YIELD DEF	FUND	95768B107	2,639	149,290	SH		SOLE	none	149,290	0	0
WESTERN ASSET MANAGED HIGH Y	FUND	95766L107	791	135,460	SH		SOLE	none	135,460	0	0
WHITEWAVE FOODS CO-CL B	COM	966244204	4,844	318,615	SH		SOLE	none	318,615	0	0
WUXI PHARMATECH CAYMAN-ADR	ADR	929352102	212	10,100	SH		SOLE	none	10,100	0	0
XILINX INC	DEBT	983919AF8	4,309	3,000,000	PRN		SOLE	none	3,000,000	0	0
XUEDA EDUCATION GR-SPON ADR	ADR	98418W109	362	111,467	SH		SOLE	none	111,467	0	0
YINGLI GREEN ENERGY HOLD-ADR	ADR	98584B103	821	253,505	SH		SOLE	none	253,505	0	0
ZHONGPIN INC	COM	98952K107	571	42,500	SH	Put	SOLE	none	42,500	0	0
ZOETIS INC	COM	98978V103	30,293	980,665	SH		SOLE	none	980,665	0	0
ZOETIS INC	COM	98978V103	20,366	659,300	SH	Call	SOLE	none	659,300	0	0
ZOETIS INC	COM	98978V103	34,183	1,106,600	SH	Put	SOLE	none	1,106,600	0	0
ZYNGA INC - CL A	COM	98986T108	1,390	500,000	SH		SOLE	none	500,000	0	0