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 |
ISLE OF CAPRI CASINOS INC | COM | 464592104 | 492 | 35,000 | SH | Call | SOLE | | 35,000 | 0 | 0 |
SPDR SERIES TRUST | S&P BIOTECH | 78464A870 | 2,255 | 10,000 | SH | Put | SOLE | | 10,000 | 0 | 0 |
ADCARE HEALTH SYSTEMS INC | COM NEW | 00650W300 | 1,533 | 350,000 | SH | | SOLE | | 350,000 | 0 | 0 |
AEGERION PHARMACEUTICALS INC | COM | 00767E102 | 785 | 30,000 | SH | | SOLE | | 30,000 | 0 | 0 |
ALASKA AIR GROUP INC | COM | 011659109 | 993 | 15,000 | SH | | SOLE | | 15,000 | 0 | 0 |
ALASKA AIR GROUP INC | COM | 011659109 | 7,280 | 110,000 | SH | Put | SOLE | | 110,000 | 0 | 0 |
ALCATEL-LUCENT-SPONSORED ADR | SPONSORED ADR | 013904305 | 343 | 92,000 | SH | | SOLE | | 92,000 | 0 | 0 |
ALIBABA GROUP HLDG LTD | SPONSORED ADS | 01609W102 | 1,249 | 15,000 | SH | | SOLE | | 15,000 | 0 | 0 |
ALIGN TECHNOLOGY INC | COM | 016255101 | 488 | 9,072 | SH | | SOLE | | 9,072 | 0 | 0 |
ALTISOURCE ASSET MGMT CORP | COM | 02153X108 | 1,344 | 7,261 | SH | | SOLE | | 7,261 | 0 | 0 |
AMERICAN SUPERCONDUCTOR CORP | SHS NEW | 030111207 | 56 | 8,760 | SH | | SOLE | | 8,760 | 0 | 0 |
APPLE INC | COM | 037833100 | 78,249 | 628,860 | SH | | SOLE | | 628,860 | 0 | 0 |
ARCELORMITTAL SA LUXEMBOURG | NY REGISTRY SH | 03938L104 | 5,639 | 598,600 | SH | | SOLE | | 598,600 | 0 | 0 |
ARES CAP CORP | COM | 04010L103 | 675 | 39,291 | SH | | SOLE | | 39,291 | 0 | 0 |
ASBURY AUTOMOTIVE GROUP INC | COM | 043436104 | 89,235 | 1,073,831 | SH | | SOLE | | 1,073,831 | 0 | 0 |
ASSURED GUARANTY LTD | COM | G0585R106 | 98,469 | 3,731,295 | SH | | SOLE | | 3,731,295 | 0 | 0 |
ASSURED GUARANTY LTD | COM | G0585R106 | 1,913 | 72,500 | SH | Call | SOLE | | 72,500 | 0 | 0 |
BAIDU INC | SPON ADR REP A | 056752108 | 3,084 | 14,800 | SH | | SOLE | | 14,800 | 0 | 0 |
BANK MONTREAL QUE | COM | 063671101 | 8,142 | 135,766 | SH | | SOLE | | 135,766 | 0 | 0 |
BANK OF AMERICA CORPORATION | COM | 060505104 | 6,194 | 402,500 | SH | | SOLE | | 402,500 | 0 | 0 |
BARRICK GOLD CORP | COM | 067901108 | 14,127 | 1,289,000 | SH | | SOLE | | 1,289,000 | 0 | 0 |
BARRICK GOLD CORP | COM | 067901108 | 6,905 | 630,000 | SH | Call | SOLE | | 630,000 | 0 | 0 |
BENEFICIAL BANCORP INC | COM | 08171T102 | 9,991 | 884,945 | SH | | SOLE | | 884,945 | 0 | 0 |
BIOMARIN PHARMACEUTICAL INC | COM | 09061G101 | 180,868 | 1,451,357 | SH | | SOLE | | 1,451,357 | 0 | 0 |
BIOMARIN PHARMACEUTICAL INC | COM | 09061G101 | 1,246 | 10,000 | SH | Call | SOLE | | 10,000 | 0 | 0 |
BIOMARIN PHARMACEUTICAL INC | COM | 09061G101 | 46,733 | 375,000 | SH | Put | SOLE | | 375,000 | 0 | 0 |
BIOMARIN PHARMACEUTICAL INC | NOTE 1.875% 4/2 | 09061GAD3 | 49,130 | 8,000,000 | PRN | | SOLE | | 8,000,000 | 0 | 0 |
CALITHERA BIOSCIENCES INC | COM | 13089P101 | 104 | 6,360 | SH | | SOLE | | 6,360 | 0 | 0 |
CAPITOL FED FINL INC | COM | 14057J101 | 2,075 | 166,000 | SH | | SOLE | | 166,000 | 0 | 0 |
CITIGROUP INC | COM NEW | 172967424 | 587 | 11,390 | SH | | SOLE | | 11,390 | 0 | 0 |
COMMSCOPE HLDG CO INC | COM | 20337X109 | 9,468 | 331,746 | SH | | SOLE | | 331,746 | 0 | 0 |
CONTROLADORA VUELA CIA DE AV | SPON ADR RP 10 | 21240E105 | 2,562 | 230,000 | SH | | SOLE | | 230,000 | 0 | 0 |
DELTA AIR LINES INC DEL | COM NEW | 247361702 | 65,691 | 1,461,090 | SH | | SOLE | | 1,461,090 | 0 | 0 |
DELTA AIR LINES INC DEL | COM NEW | 247361702 | 23,379 | 520,000 | SH | Put | SOLE | | 520,000 | 0 | 0 |
DEUTSCHE BANK AG | NAMEN AKT | D18190898 | 14,203 | 408,955 | SH | | SOLE | | 408,955 | 0 | 0 |
DONNELLEY R R & SONS CO | COM | 257867101 | 4,112 | 214,260 | SH | | SOLE | | 214,260 | 0 | 0 |
DORIAN LPG LTD | SHS USD | Y2106R110 | 36,548 | 2,804,898 | SH | | SOLE | | 2,804,898 | 0 | 0 |
DYNAVAX TECHNOLOGIES CORP | COM NEW | 268158201 | 55,512 | 2,474,909 | SH | | SOLE | | 2,474,909 | 0 | 0 |
DYNAVAX TECHNOLOGIES CORP | COM NEW | 268158201 | 231 | 10,300 | SH | Call | SOLE | | 10,300 | 0 | 0 |
ENDO INTL PLC | SHS | G30401106 | 13,737 | 153,146 | SH | | SOLE | | 153,146 | 0 | 0 |
ENDURANCE INTL GROUP HLDGS I | COM | 29272B105 | 66,561 | 3,492,182 | SH | | SOLE | | 3,492,182 | 0 | 0 |
ERA GROUP INC | COM | 26885G109 | 23,829 | 1,143,416 | SH | | SOLE | | 1,143,416 | 0 | 0 |
EXELIXIS INC | COM | 30161Q104 | 224 | 87,000 | SH | | SOLE | | 87,000 | 0 | 0 |
EXPEDIA INC DEL | COM NEW | 30212P303 | 3,765 | 40,000 | SH | | SOLE | | 40,000 | 0 | 0 |
EXPRESS SCRIPTS HLDG CO | COM | 30219G108 | 53,412 | 615,564 | SH | | SOLE | | 615,564 | 0 | 0 |
FACEBOOK INC | CL A | 30303M102 | 58,003 | 705,500 | SH | | SOLE | | 705,500 | 0 | 0 |
FIDELITY NATIONAL FINANCIAL | FNFV GROUP COM | 31620R402 | 338 | 23,948 | SH | | SOLE | | 23,948 | 0 | 0 |
FIDELITY NATIONAL FINANCIAL | FNF GROUP COM | 31620R303 | 2,641 | 71,855 | SH | | SOLE | | 71,855 | 0 | 0 |
FIRST SOLAR INC | COM | 336433107 | 14,337 | 239,786 | SH | | SOLE | | 239,786 | 0 | 0 |
FOSSIL GROUP INC | COM | 34988V106 | 1,896 | 23,000 | SH | | SOLE | | 23,000 | 0 | 0 |
GOOGLE INC | CL C | 38259P706 | 6,402 | 11,682 | SH | | SOLE | | 11,682 | 0 | 0 |
GOOGLE INC | CL A | 38259P508 | 13,401 | 24,159 | SH | | SOLE | | 24,159 | 0 | 0 |
GRAHAM HLDGS CO | COM | 384637104 | 39,991 | 38,100 | SH | | SOLE | | 38,100 | 0 | 0 |
GRUPO TELEVISA SA | SPON ADR REP ORD | 40049J206 | 2,971 | 90,000 | SH | | SOLE | | 90,000 | 0 | 0 |
HDFC BANK LTD | ADR REPS 3 SHS | 40415F101 | 5,300 | 90,000 | SH | | SOLE | | 90,000 | 0 | 0 |
HSBC HLDGS PLC | SPON ADR NEW | 404280406 | 3,286 | 77,150 | SH | | SOLE | | 77,150 | 0 | 0 |
ICICI BK LTD | ADR | 45104G104 | 51,510 | 4,972,000 | SH | | SOLE | | 4,972,000 | 0 | 0 |
ICICI BK LTD | ADR | 45104G104 | 39,005 | 3,765,000 | SH | Call | SOLE | | 3,765,000 | 0 | 0 |
INDEPENDENCE HLDG CO NEW | COM NEW | 453440307 | 11,020 | 810,861 | SH | | SOLE | | 810,861 | 0 | 0 |
INFORMATICA CORP | COM | 45666Q102 | 13,271 | 302,600 | SH | | SOLE | | 302,600 | 0 | 0 |
INTERNATIONAL BUSINESS MACHS | COM | 459200101 | 41,730 | 260,000 | SH | | SOLE | | 260,000 | 0 | 0 |
INVACARE CORP | COM | 461203101 | 2,797 | 144,100 | SH | | SOLE | | 144,100 | 0 | 0 |
INVESTORS BANCORP INC NEW | COM | 46146L101 | 38,670 | 3,299,500 | SH | | SOLE | | 3,299,500 | 0 | 0 |
JPMORGAN CHASE & CO | COM | 46625H100 | 1,835 | 30,292 | SH | | SOLE | | 30,292 | 0 | 0 |
KYTHERA BIOPHARMACEUTICALS I | COM | 501570105 | 2,573 | 51,300 | SH | | SOLE | | 51,300 | 0 | 0 |
LENNAR CORP | CL A | 526057104 | 41,759 | 806,000 | SH | | SOLE | | 806,000 | 0 | 0 |
LEXICON PHARMACEUTICALS INC | COM | 528872104 | 83 | 87,605 | SH | | SOLE | | 87,605 | 0 | 0 |
LIBERTY GLOBAL PLC | SHS CL A | G5480U104 | 3,050 | 59,251 | SH | | SOLE | | 59,251 | 0 | 0 |
LIBERTY GLOBAL PLC | SHS CL C | G5480U120 | 57,553 | 1,155,445 | SH | | SOLE | | 1,155,445 | 0 | 0 |
LIBERTY INTERACTIVE CORP | LBT VENT COM A | 53071M880 | 79,991 | 1,904,100 | SH | | SOLE | | 1,904,100 | 0 | 0 |
LIBERTY TRIPADVISOR HLDGS IN | COM SER A | 531465102 | 1,907 | 60,000 | SH | | SOLE | | 60,000 | 0 | 0 |
MACYS INC | COM | 55616P104 | 22,363 | 344,528 | SH | | SOLE | | 344,528 | 0 | 0 |
MASTERCARD INC | CL A | 57636Q104 | 17,569 | 203,370 | SH | | SOLE | | 203,370 | 0 | 0 |
MBIA INC | COM | 55262C100 | 5,565 | 598,430 | SH | | SOLE | | 598,430 | 0 | 0 |
MCGRAW HILL FINL INC | COM | 580645109 | 1,034 | 10,000 | SH | | SOLE | | 10,000 | 0 | 0 |
MERCK & CO INC NEW | COM | 58933Y105 | 15,485 | 269,400 | SH | | SOLE | | 269,400 | 0 | 0 |
MERIDIAN BANCORP INC MD | COM | 58958U103 | 6,545 | 497,000 | SH | | SOLE | | 497,000 | 0 | 0 |
MGP INGREDIENTS INC NEW | COM | 55303J106 | 5,479 | 407,029 | SH | | SOLE | | 407,029 | 0 | 0 |
MICROSTRATEGY INC | CL A NEW | 594972408 | 3,337 | 19,722 | SH | | SOLE | | 19,722 | 0 | 0 |
MODEL N INC | COM | 607525102 | 8,372 | 700,000 | SH | | SOLE | | 700,000 | 0 | 0 |
MOODYS CORP | COM | 615369105 | 882 | 8,500 | SH | | SOLE | | 8,500 | 0 | 0 |
NAVIENT CORP | COM | 63938C108 | 3,634 | 178,771 | SH | | SOLE | | 178,771 | 0 | 0 |
NMI HLDGS INC | CL A | 629209305 | 38,740 | 5,172,165 | SH | | SOLE | | 5,172,165 | 0 | 0 |
NORCRAFT COS INC | COM | 65557Y105 | 25,126 | 982,653 | SH | | SOLE | | 982,653 | 0 | 0 |
NORTHSTAR RLTY FIN CORP | COM NEW | 66704R704 | 1,359 | 75,000 | SH | | SOLE | | 75,000 | 0 | 0 |
PENNEY J C INC | COM | 708160106 | 2,523 | 300,000 | SH | | SOLE | | 300,000 | 0 | 0 |
PLATFORM SPECIALTY PRODS COR | COM | 72766Q105 | 43,495 | 1,695,066 | SH | | SOLE | | 1,695,066 | 0 | 0 |
PVH CORP | COM | 693656100 | 5,648 | 53,000 | SH | | SOLE | | 53,000 | 0 | 0 |
QUALCOMM INC | COM | 747525103 | 9,973 | 143,825 | SH | | SOLE | | 143,825 | 0 | 0 |
QUANTUM CORP | COM DSSG | 747906204 | 7,870 | 4,918,867 | SH | | SOLE | | 4,918,867 | 0 | 0 |
REALOGY HLDGS CORP | COM | 75605Y106 | 29,971 | 659,000 | SH | | SOLE | | 659,000 | 0 | 0 |
REMY INTL INC NEW | COM | 75971M108 | 95 | 4,281 | SH | | SOLE | | 4,281 | 0 | 0 |
RETROPHIN INC | COM | 761299106 | 29,967 | 1,250,700 | SH | | SOLE | | 1,250,700 | 0 | 0 |
SANOFI | SPONSORED ADR | 80105N105 | 57,088 | 1,154,690 | SH | | SOLE | | 1,154,690 | 0 | 0 |
SAREPTA THERAPEUTICS INC | COM | 803607100 | 254 | 19,150 | SH | | SOLE | | 19,150 | 0 | 0 |
SEACOR HOLDINGS INC | COM | 811904101 | 57,154 | 820,354 | SH | | SOLE | | 820,354 | 0 | 0 |
SEACOR HOLDINGS INC | NOTE 2.500%12/1 | 811904AM3 | 10,306 | 10,000,000 | PRN | | SOLE | | 10,000,000 | 0 | 0 |
SEALED AIR CORP NEW | COM | 81211K100 | 13,266 | 291,175 | SH | | SOLE | | 291,175 | 0 | 0 |
SEQUENOM INC | COM NEW | 817337405 | 198 | 50,000 | SH | | SOLE | | 50,000 | 0 | 0 |
SERVICE CORP INTL | COM | 817565104 | 5,499 | 211,100 | SH | | SOLE | | 211,100 | 0 | 0 |
SIGA TECHNOLOGIES INC | COM | 826917106 | 39 | 20,000 | SH | | SOLE | | 20,000 | 0 | 0 |
SLM CORP | COM | 78442P106 | 1,659 | 178,771 | SH | | SOLE | | 178,771 | 0 | 0 |
SOTHEBYS | COM | 835898107 | 30,300 | 717,000 | SH | | SOLE | | 717,000 | 0 | 0 |
SPDR GOLD TRUST | GOLD SHS | 78463V107 | 80,130 | 705,000 | SH | Call | SOLE | | 705,000 | 0 | 0 |
SPDR S&P 500 ETF TR | TR UNIT | 78462F103 | 123,858 | 600,000 | SH | Call | SOLE | | 600,000 | 0 | 0 |
SPDR S&P 500 ETF TR | TR UNIT | 78462F103 | 16,514 | 80,000 | SH | Put | SOLE | | 80,000 | 0 | 0 |
SPECTRUM PHARMACEUTICALS INC | COM | 84763A108 | 91 | 15,000 | SH | | SOLE | | 15,000 | 0 | 0 |
STAAR SURGICAL CO | COM PAR $0.01 | 852312305 | 2,229 | 300,000 | SH | | SOLE | | 300,000 | 0 | 0 |
STANDARD PAC CORP NEW | COM | 85375C101 | 31,744 | 3,527,069 | SH | | SOLE | | 3,527,069 | 0 | 0 |
STEWART INFORMATION SVCS COR | COM | 860372101 | 1,219 | 30,000 | SH | | SOLE | | 30,000 | 0 | 0 |
SUNCOKE ENERGY INC | COM | 86722A103 | 2,839 | 190,000 | SH | | SOLE | | 190,000 | 0 | 0 |
TESSERA TECHNOLOGIES INC | COM | 88164L100 | 42,679 | 1,059,562 | SH | | SOLE | | 1,059,562 | 0 | 0 |
TFS FINL CORP | COM | 87240R107 | 35,751 | 2,435,351 | SH | | SOLE | | 2,435,351 | 0 | 0 |
THERAVANCE BIOPHARMA INC | COM | G8807B106 | 99 | 5,705 | SH | | SOLE | | 5,705 | 0 | 0 |
TRANSOCEAN LTD | REG SHS | H8817H100 | 1,258 | 85,782 | SH | | SOLE | | 85,782 | 0 | 0 |
TRINITY INDS INC | COM | 896522109 | 14,204 | 400,000 | SH | | SOLE | | 400,000 | 0 | 0 |
TWENTY FIRST CENTY FOX INC | CL A | 90130A101 | 1,184 | 35,000 | SH | | SOLE | | 35,000 | 0 | 0 |
UNITED THERAPEUTICS CORP DEL | COM | 91307C102 | 164,815 | 955,809 | SH | | SOLE | | 955,809 | 0 | 0 |
UROPLASTY INC | COM NEW | 917277204 | 2,611 | 2,140,400 | SH | | SOLE | | 2,140,400 | 0 | 0 |
VALEANT PHARMACEUTICALS INTL | COM | 91911K102 | 7,091 | 35,700 | SH | | SOLE | | 35,700 | 0 | 0 |
VERINT SYS INC | COM | 92343X100 | 20,326 | 328,216 | SH | | SOLE | | 328,216 | 0 | 0 |
VISA INC | COM CL A | 92826C839 | 37,956 | 580,272 | SH | | SOLE | | 580,272 | 0 | 0 |
VULCAN MATLS CO | COM | 929160109 | 81,350 | 965,000 | SH | | SOLE | | 965,000 | 0 | 0 |
WALGREENS BOOTS ALLIANCE INC | COM | 931427108 | 46,257 | 546,260 | SH | | SOLE | | 546,260 | 0 | 0 |
WL ROSS HLDG CORP | UNIT 99/99/9999 | 92939D203 | 38,040 | 3,620,000 | SH | | SOLE | | 3,620,000 | 0 | 0 |
YAHOO INC | COM | 984332106 | 1,333 | 30,000 | SH | | SOLE | | 30,000 | 0 | 0 |
YRC WORLDWIDE INC | COM PAR $.01 | 984249607 | 39,625 | 2,206,278 | SH | | SOLE | | 2,206,278 | 0 | 0 |
ZULILY INC | CL A | 989774104 | 1,215 | 93,500 | SH | | SOLE | | 93,500 | 0 | 0 |