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
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
AEGEAN MARINE PETE NETWORK I NOTE 4.000%11/0 Y0020QAA9 5,044 5,000,000 PRN   DFND 1 5,000,000 0 0
AEGEAN MARINE PETROLEUM NETW SHS Y0017S102 42,076 4,170,103 SH   DFND 1 4,170,103 0 0
ALLOT COMMUNICATIONS LTD SHS M0854Q105 3,703 283,721 SH   DFND 1 283,721 0 0
ALTO PALERMO S A SPONSORED ADR 02151P107 69 3,336 SH   DFND 1 3,336 0 0
AMERICAN AIRLS GROUP INC COM 02376R102 6,145 143,039 SH   DFND 1 143,039 0 0
APOLLO GLOBAL MGMT LLC CL A SHS 037612306 1,247 45,000 SH   DFND 1 45,000 0 0
APOLLO RESIDENTIAL MTG INC COM 03763V102 4,544 271,800 SH   DFND 1 271,800 0 0
APPLE INC COM 037833100 2,810 30,240 SH   DFND 1 30,240 0 0
APPLE INC COM 037833100 65 700 SH Call DFND 1 700 0 0
ARES MGMT L P COM UNIT RP IN 04014Y101 10 500 SH   DFND 1 500 0 0
ATTUNITY LTD SHS NEW M15332121 3,120 401,515 SH   DFND 1 401,515 0 0
AUDIOCODES LTD ORD M15342104 14,039 1,991,404 SH   DFND 1 1,991,404 0 0
AXCELIS TECHNOLOGIES INC COM 054540109 10,498 5,248,815 SH   DFND 1 5,248,815 0 0
BED BATH & BEYOND INC COM 075896100 3,414 59,499 SH   DFND 1 59,499 0 0
BED BATH & BEYOND INC COM 075896100 57 1,000 SH Call DFND 1 1,000 0 0
BIOLINERX LTD SPONSORED ADR 09071M106 3,310 1,591,367 SH   DFND 1 1,591,367 0 0
CEVA INC COM 157210105 46,563 3,152,568 SH   DFND 1 3,152,568 0 0
CHIQUITA BRANDS INTL INC COM 170032809 21,748 2,004,385 SH   DFND 1 2,004,385 0 0
COVENANT TRANSN GROUP INC CL A 22284P105 1,498 116,325 SH   DFND 1 116,325 0 0
CRESUD S A C I F Y A SPONSORED ADR 226406106 23,206 1,778,245 SH   DFND 1 1,778,245 0 0
CUTERA INC COM 232109108 12,146 1,169,031 SH   DFND 1 1,169,031 0 0
CYREN LTD SHS M26895108 146 50,787 SH   DFND 1 50,787 0 0
D R HORTON INC COM 23331A109 777 31,600 SH   DFND 1 31,600 0 0
DEPOMED INC COM 249908104 59,093 4,251,330 SH   DFND 1 4,251,330 0 0
DERMA SCIENCES INC COM PAR $.01 249827502 6,863 593,665 SH   DFND 1 593,665 0 0
DIANA CONTAINERSHIPS INC COM Y2069P101 1,153 455,799 SH   DFND 1 455,799 0 0
DSP GROUP INC COM 23332B106 8,433 993,319 SH   DFND 1 993,319 0 0
EAGLE BULK SHIPPING INC SHS NEW Y2187A119 1,434 464,215 SH   DFND 1 464,215 0 0
ERA GROUP INC COM 26885G109 23,547 821,015 SH   DFND 1 821,015 0 0
EVOGENE LTD SHS M4119S104 1,561 95,324 SH   DFND 1 95,324 0 0
FORMFACTOR INC COM 346375108 518 62,304 SH   DFND 1 62,304 0 0
GAIN CAP HLDGS INC COM 36268W100 32,964 4,188,565 SH   DFND 1 4,188,565 0 0
GEOPARK LTD USD SHS G38327105 664 72,516 SH   DFND 1 72,516 0 0
GIGOPTIX INC COM 37517Y103 944 689,219 SH   DFND 1 689,219 0 0
GOODRICH PETE CORP COM NEW 382410405 276 10,000 SH Call DFND 1 10,000 0 0
GUESS INC COM 401617105 12,976 480,595 SH   DFND 1 480,595 0 0
GUESS INC COM 401617105 203 7,500 SH Call DFND 1 7,500 0 0
GULF COAST ULTRA DEEP RTY TR ROYALTY TR UNT 40222T104 147 50,000 SH   DFND 1 50,000 0 0
HOWARD HUGHES CORP COM 44267D107 65,375 414,211 SH   DFND 1 414,211 0 0
I D SYSTEMS INC COM 449489103 5,532 1,016,991 SH   DFND 1 1,016,991 0 0
IKANOS COMMUNICATIONS COM 45173E105 1,167 2,746,132 SH   DFND 1 2,746,132 0 0
IMMERSION CORP COM 452521107 68,863 5,413,736 SH   DFND 1 5,413,736 0 0
INTEL CORP COM 458140100 124 4,000 SH Call DFND 1 4,000 0 0
INTERDIGITAL INC COM 45867G101 3,566 74,600 SH   DFND 1 74,600 0 0
INVENSENSE INC COM 46123D205 284 12,500 SH Call DFND 1 12,500 0 0
INVESTORS BANCORP INC NEW COM 46146L101 2,210 200,000 SH   DFND 1 200,000 0 0
IRSA INVERSIONES Y REP S A GLOBL DEP RCPT 450047204 1,690 103,122 SH   DFND 1 103,122 0 0
LULULEMON ATHLETICA INC COM 550021109 996 24,600 SH   DFND 1 24,600 0 0
MAZOR ROBOTICS LTD SPONSORED ADS 57886P103 7,945 452,211 SH   DFND 1 452,211 0 0
MELLANOX TECHNOLOGIES LTD SHS M51363113 16,136 462,872 SH   DFND 1 462,872 0 0
MOSYS INC COM 619718109 1,760 560,417 SH   DFND 1 560,417 0 0
NEOPHOTONICS CORP COM 64051T100 1,900 456,686 SH   DFND 1 456,686 0 0
NEW RESIDENTIAL INVT CORP COM 64828T102 3,695 586,458 SH   DFND 1 586,458 0 0
NEWCASTLE INVT CORP COM 65105M108 5,725 1,195,269 SH   DFND 1 1,195,269 0 0
NORTHSTAR RLTY FIN CORP COM 66704R100 45,019 2,590,279 SH   DFND 1 2,590,279 0 0
NOVA MEASURING INSTRUMENTS L COM M7516K103 9,214 767,166 SH   DFND 1 767,166 0 0
NUTRI SYS INC NEW COM 67069D108 46,780 2,734,088 SH   DFND 1 2,734,088 0 0
NUTRI SYS INC NEW COM 67069D108 2 100 SH Call DFND 1 100 0 0
ORBOTECH LTD ORD M75253100 28,455 1,874,528 SH   DFND 1 1,874,528 0 0
ORMAT TECHNOLOGIES INC COM 686688102 1,663 57,672 SH   DFND 1 57,672 0 0
PAMPA ENERGIA S A SPONS ADR LVL I 697660207 657 67,078 SH   DFND 1 67,078 0 0
PC-TEL INC COM 69325Q105 773 95,611 SH   DFND 1 95,611 0 0
PENNYMAC FINL SVCS INC CL A 70932B101 22,877 1,506,028 SH   DFND 1 1,506,028 0 0
PETSMART INC COM 716768106 1,676 28,029 SH   DFND 1 28,029 0 0
RADCOM LTD SHS NEW M81865111 1,722 328,048 SH   DFND 1 328,048 0 0
RADISYS CORP COM 750459109 141 40,461 SH   DFND 1 40,461 0 0
RADNET INC COM 750491102 15,835 2,388,353 SH   DFND 1 2,388,353 0 0
RADWARE LTD ORD M81873107 62,498 3,704,687 SH   DFND 1 3,704,687 0 0
RADWARE LTD ORD M81873107 169 10,000 SH Call DFND 1 10,000 0 0
RAIT FINANCIAL TRUST NOTE 4.000%10/0 749227AB0 26,291 27,000,000 PRN   DFND 1 27,000,000 0 0
RAIT FINANCIAL TRUST COM NEW 749227609 19,165 2,317,369 SH   DFND 1 2,317,369 0 0
RESOURCE AMERICA INC CL A 761195205 8,625 922,444 SH   DFND 1 922,444 0 0
ROSETTA STONE INC COM 777780107 4,721 485,716 SH   DFND 1 485,716 0 0
SAPIENS INTL CORP N V SHS NEW N7716A151 3,600 450,000 SH   DFND 1 450,000 0 0
SCORPIO TANKERS INC SHS Y7542C106 9,998 983,060 SH   DFND 1 983,060 0 0
SENOMYX INC COM 81724Q107 54,950 6,352,605 SH   DFND 1 6,352,605 0 0
SILICON IMAGE INC COM 82705T102 874 173,419 SH   DFND 1 173,419 0 0
SUNEDISON INC COM 86732Y109 14,970 662,400 SH   DFND 1 662,400 0 0
SYNERON MEDICAL LTD ORD SHS M87245102 38,020 3,684,151 SH   DFND 1 3,684,151 0 0
TAKE-TWO INTERACTIVE SOFTWAR COM 874054109 38,804 1,744,801 SH   DFND 1 1,744,801 0 0
TAKE-TWO INTERACTIVE SOFTWAR COM 874054109 56 2,500 SH Call DFND 1 2,500 0 0
TALMER BANCORP INC COM 87482X101 26,447 1,983,979 SH   DFND 1 1,983,979 0 0
TEEKAY TANKERS LTD CL A Y8565N102 1,802 420,005 SH   DFND 1 420,005 0 0
TEVA PHARMACEUTICAL INDS LTD ADR 881624209 368 7,028 SH   DFND 1 7,028 0 0
TOP IMAGE SYSTEMS LTD ORD M87896102 2,793 708,806 SH   DFND 1 708,806 0 0
TOWER SEMICONDUCTOR LTD SHS NEW M87915274 20,213 2,226,051 SH   DFND 1 2,226,051 0 0
TRANSITION THERAPEUTICS INC COM NEW 893716209 48 7,200 SH   DFND 1 7,200 0 0
VALEANT PHARMACEUTICALS INTL COM 91911K102 4,445 35,242 SH   DFND 1 35,242 0 0
VERA BRADLEY INC COM 92335C106 29,970 1,370,390 SH   DFND 1 1,370,390 0 0
VICOR CORP COM 925815102 9,971 1,189,916 SH   DFND 1 1,189,916 0 0
VITESSE SEMICONDUCTOR CORP COM NEW 928497304 18,581 5,385,739 SH   DFND 1 5,385,739 0 0
YPF SOCIEDAD ANONIMA SPON ADR CL D 984245100 1,920 58,741 SH   DFND 1 58,741 0 0
YRC WORLDWIDE INC COM PAR $.01 984249607 26,506 942,942 SH   DFND 1 942,942 0 0
YRC WORLDWIDE INC COM PAR $.01 984249607 351 12,500 SH Call DFND 1 12,500 0 0