| The Bancorp Inc CMN(TBBK) | COM | 05969A105 | $1.9M | 99,083 | 47.9% |
| Biogen Idec Inc. CMN(BIIB) | COM | 09062X103 | $765.0K | 2,500 | 19.7% |
| Arrow Electronics Inc. CMN(ARW) | COM | 042735100 | $441.0K | 7,426 | 11.3% |
| Spdr S&P 500 ETF Trust(SPY) | ETF | 78462F103 | $284.9K | 1,523,471 | 7.3% |
| Vanguard Index Funds Vanguard S&P 500 ETF(VOO) | ETF | 922908363 | $249.9K | 1,458,168 | 6.4% |
| Cooper-Standard Holdings Inc. CMN(CPS) | COM | 21676P103 | $162.0K | 2,295 | 4.2% |
| Vanguard Specialized Portfolio Vanguard Dividend Appreciation Mutual Fund CL ETF SER Vipers(VIG) | ETF | 921908844 | $21.1K | 280,756 | 0.5% |
| Alpha PRO Tech LTD CMN(APT) | COM | 020772109 | $8.0K | 3,600 | 0.2% |
| Berkshire Hathaway Inc Cl-A (del) Class A(BRK/A) | COM | 084670108 | $6.9K | 37 | 0.2% |
| Bank of America Corp CMN(BAC) | COM | 060505104 | $5.2K | 300,000 | 0.1% |
| American Intl Group, Inc. CMN(AIG) | COM | 026874784 | $5.0K | 100,000 | 0.1% |
| JPMorgan Chase & Co CMN(JPM) | COM | 46625H100 | $4.9K | 80,267 | 0.1% |
| United Parcel Service, Inc. Class B Common Stock(UPS) | COM | 911312106 | $4.7K | 48,091 | 0.1% |
| Microsoft Corporation CMN(MSFT) | COM | 594918104 | $4.1K | 100,000 | 0.1% |
| Applied Materials Inc CMN(AMAT) | COM | 038222105 | $4.1K | 200,000 | 0.1% |
| Gilead Sciences CMN(GILD) | COM | 375558103 | $3.3K | 46,900 | 0.1% |
| Agnico Eagle Mines LTD CMN(AEM) | COM | 008474108 | $3.1K | 101,080 | 0.1% |
| United Insurance Holdings Corp CMN(ACIC) | COM | 910710102 | $2.9K | 198,522 | 0.1% |
| ING America Insurance Holdings*, Inc. CMN | COM | 45685E106 | $2.9K | 79,000 | 0.1% |
| Blackstone Mortgage Trust Inc CMN(BXMT) | COM | 09257W100 | $2.6K | 90,606 | 0.1% |
| Medivation Inc. CMN | COM | 58501N101 | $2.3K | 35,000 | 0.1% |
| Blue Capital Reinsurance Holdi*ngs Limited CMN | COM | G1190F107 | $2.1K | 121,492 | 0.1% |
| Merck & Co., Inc. CMN(MRK) | COM | 58933Y105 | $1.7K | 30,000 | 0.0% |
| Fortress Investment Group LLC CMN Class A | COM | 34958B106 | $1.6K | 214,982 | 0.0% |
| Ford Motor Company CMN(F) | COM | 345370860 | $1.6K | 100,000 | 0.0% |
| CVS Caremark Corporation CMN(CVS) | COM | 126650100 | $1.5K | 20,000 | 0.0% |
| Ellington Residential Mort REIT CMN(EARN) | COM | 288578107 | $1.4K | 84,425 | 0.0% |
| First Finl Bancorp CMN(FFBC) | COM | 320209109 | $1.4K | 77,161 | 0.0% |
| Federated Natl Hldg Co CMN | COM | 31422T101 | $1.4K | 75,000 | 0.0% |
| Yamana Gold Inc CMN | COM | 98462Y100 | $1.4K | 156,352 | 0.0% |
| E Z Corp Inc Cl-A NON VTG CMN Class A(EZPW) | COM | 302301106 | $1.4K | 126,804 | 0.0% |
| Old Republic Intl Corp CMN(ORI) | COM | 680223104 | $1.3K | 82,216 | 0.0% |
| Pacific Premier Bancorp CMN(LF2) | COM | 69478X105 | $1.3K | 81,391 | 0.0% |
| Tekmira Pharmaceuticals Corp CMN | COM | 87911B209 | $1.3K | 60,410 | 0.0% |
| Sociedad Quimica Mineral de Chile S A Spon ADR Repstg SER B SHS(SQM) | COM | 833635105 | $1.3K | 39,600 | 0.0% |
| Banc of California Inc CMN(BANC) | COM | 05990K106 | $1.2K | 100,000 | 0.0% |
| Conatus Pharmaceuticals Inc. CMN(CNATEUR) | COM | 20600T108 | $1.2K | 148,178 | 0.0% |
| Starwood Property Trust Inc. CMN(STWD) | COM | 85571B105 | $1.2K | 49,400 | 0.0% |
| Occidental Petroleum Corp CMN(OXY) | COM | 674599105 | $953 | 10,000 | 0.0% |
| Macy's Inc. CMN(M) | COM | 55616P104 | $919 | 15,502 | 0.0% |
| Ciber Inc CMN | COM | 17163B102 | $916 | 200,000 | 0.0% |
| Toll Brothers, Inc. CMN(TOL) | COM | 889478103 | $870 | 24,231 | 0.0% |
| MFC Industrial LTD CMN | COM | 55278T105 | $848 | 106,855 | 0.0% |
| Springleaf Holdings Inc CMN | COM | 85172J101 | $769 | 30,590 | 0.0% |
| MVC Capital Inc Closed END Fund(MVC) | COM | 553829102 | $749 | 55,278 | 0.0% |
| Gibraltar Industries Inc CMN(ROCK) | COM | 374689107 | $721 | 38,233 | 0.0% |
| Greenlight Capital RE Ltd-A CMN(GLRE) | COM | G4095J109 | $646 | 19,696 | 0.0% |
| Questcor Pharmaceuticals Inc CMN | COM | 74835Y101 | $643 | 9,900 | 0.0% |
| Trueblue, Inc. CMN(TBI) | COM | 89785X101 | $580 | 19,838 | 0.0% |
| Leucadia National Corp CMN | COM | 527288104 | $571 | 20,400 | 0.0% |