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
AbbVie Inc. Common 00287Y109 28,560 500 SH   DFND 2 0 500 0
AbbVie Inc. Common 00287Y109 4,272,576 74,800 SH   DFND 2 74,800 0 0
ACADIA Pharmaceuticals Inc. Common 004225108 153,780 5,500 SH   DFND 2 5,500 0 0
Affymetrix, Inc. Common 00826T108 22,416 1,600 SH   DFND 2 0 1,600 0
Affymetrix, Inc. Common 00826T108 1,448,634 103,400 SH   DFND 2 103,400 0 0
Alerian MLP Common 00162Q866 6,552 600 SH   DFND 1 0 600 0
Allergan plc Common G0177J108 2,358,664 8,800 SH   DFND 2 8,800 0 0
AllianceBernstein Holdings LP Unit Ltd Common 01881G106 35,145 1,500 SH   DFND 1 1,500 0 0
AllianceBernstein Holdings LP Unit Ltd Common 01881G106 23,430 1,000 SH   DFND 1 0 1,000 0
Ambac Financial Group, Inc. Common 023139884 47,400 3,000 SH   DFND 2 0 3,000 0
Ambac Financial Group, Inc. Common 023139884 2,692,731 170,426 SH   DFND 2 170,426 0 0
Anadarko Petroleum Corporation Common 032511107 2,784,886 59,800 SH   DFND 2 59,800 0 0
Anadarko Petroleum Corporation Common 032511107 9,334,956 200,450 SH   DFND 2 0 200,450 0
Anadarko Petroleum Corporation Common 032511107 412,610 8,860 SH   DFND 1 8,860 0 0
Anadarko Petroleum Corporation Common 032511107 330,647 7,100 SH   DFND 1 0 7,100 0
Anchor Bancorp Common 032838104 175,995 7,250 SH   DFND 1 7,250 0 0
Anchor Bancorp Common 032838104 121,375 5,000 SH   DFND 1 0 5,000 0
Antero Resources Corporation Common 03674X106 4,974,000 200,000 SH   DFND 2 0 200,000 0
Apple Inc. Common 037833100 2,615,760 24,000 SH   DFND 2 24,000 0 0
Apple Inc. Common 037833100 57,220 525 SH   DFND 1 525 0 0
Apple Inc. Common 037833100 57,220 525 SH   DFND 1 0 525 0
AT&T Inc. Common 00206R102 106,738 2,725 SH   DFND 1 2,725 0 0
Avalanche Biotechnologies Inc. Common 05337G107 341,220 66,000 SH   DFND 2 66,000 0 0
Bank Nova Scotia Halifax Common 064149107 19,544 400 SH   DFND 1 0 400 0
Cabot Oil & Gas Corporation Common 127097103 9,992,400 440,000 SH   DFND 2 0 440,000 0
Canadian Natural Resources Ltd. Common 136385101 10,847,852 401,000 SH   DFND 2 0 401,000 0
Canadian Natural Resources Ltd. Common 136385101 502,200 18,600 SH   DFND 1 18,600 0 0
Canadian Natural Resources Ltd. Common 136385101 371,250 13,750 SH   DFND 1 0 13,750 0
Capitol Federal Financial, Inc. Common 14057J101 26,520 2,000 SH   DFND 2 0 2,000 0
Capitol Federal Financial, Inc. Common 14057J101 9,024,756 680,600 SH   DFND 2 680,600 0 0
Capitol Federal Financial, Inc. Common 14057J101 76,908 5,800 SH   DFND 1 5,800 0 0
Capitol Federal Financial, Inc. Common 14057J101 53,040 4,000 SH   DFND 1 0 4,000 0
Check Cap Ltd. Common M2361E112 5,500 2,000 SH   DFND 2 0 2,000 0
Check Cap Ltd. Common M2361E112 439,661 159,871 SH   DFND 2 159,871 0 0
Check Cap Ltd. @7.50 Exp. 2/28/20 Common M2361E120 495,443 66,059 SH   DFND 2 66,059 0 0
Chemours Co. Common 163851108 5,040 720 SH   DFND 1 720 0 0
Chemours Co. Common 163851108 4,480 640 SH   DFND 1 0 640 0
China Ceramics Co. Ltd. Common G2113X100 141,706 377,582 SH   DFND 2 377,582 0 0
Cimarex Energy Co. Common 171798101 9,727,000 100,000 SH   DFND 2 0 100,000 0
Cobalt International Energy, Inc. Common 19075F106 1,485,000 500,000 SH   DFND 2 0 500,000 0
Coca Cola Inc. Common 191216100 269,062 5,800 SH   DFND 1 5,800 0 0
Colony Financial Inc. Common 19624R106 16,770 1,000 SH   DFND 1 0 1,000 0
Community Healthcare Trust Incorporated Common 20369C106 739,600 40,000 SH   DFND 2 40,000 0 0
Concho Resources Inc. Common 20605P101 10,104,000 100,000 SH   DFND 2 0 100,000 0
Continental Resources, Inc. Common 212015101 4,554,000 150,000 SH   DFND 2 0 150,000 0
Cousins Properties Inc. Common 222795106 139,383 13,428 SH   DFND 1 0 13,428 0
Delta Air Lines, Inc. Common 247361702 1,168,320 24,000 SH   DFND 2 24,000 0 0
Devon Energy Corp. Common 25179M103 6,036,800 220,000 SH   DFND 2 0 220,000 0
Dow Chemical Company Common 260543103 40,688 800 SH   DFND 1 0 800 0
Du Pont E I De Nemours & Co Common 263534109 221,620 3,500 SH   DFND 1 3,500 0 0
Du Pont E I De Nemours & Co Common 263534109 202,624 3,200 SH   DFND 1 0 3,200 0
Eagle Materials Inc. Common 26969P108 15,985 228 SH   DFND 1 0 228 0
Eli Lilly & Co. Common 532457108 25,107 21,603 SH   DFND 1 0 21,603 0
Entegra Financial Corp. Common 29363J108 521,100 30,000 SH   DFND 2 30,000 0 0
Entegra Financial Corp. Common 29363J108 125,933 7,250 SH   DFND 1 7,250 0 0
Entegra Financial Corp. Common 29363J108 165,015 9,500 SH   DFND 1 0 9,500 0
Flamel Technologies S.A. Common 338488109 1,099,440 99,587 SH   DFND 2 99,587 0 0
FNB Corporation Common 302520101 115,854 8,905 SH   DFND 1 0 8,905 0
FutureFuel Corporation Common 36116M106 5,895 500 SH   DFND 2 0 500 0
FutureFuel Corporation Common 36116M106 646,139 54,804 SH   DFND 2 54,804 0 0
General Electric Common 369604103 110,629 3,480 SH   DFND 1 3,480 0 0
General Electric Common 369604103 38,148 1,200 SH   DFND 1 0 1,200 0
Gilead Sciences, Inc. Common 375558103 9,186 100 SH   DFND 2 0 100 0
Gilead Sciences, Inc. Common 375558103 474,916 5,170 SH   DFND 2 5,170 0 0
GlaxoSmithKline plc Common 37733W105 916,430 22,600 SH   DFND 2 22,600 0 0
Gulfport Energy Corporation Common 402635304 7,651,800 270,000 SH   DFND 2 0 270,000 0
Halliburton Company Common 406216101 5,358,000 150,000 SH   DFND 2 0 150,000 0
Hess Corporation Common 42809H107 11,056,500 210,000 SH   DFND 2 0 210,000 0
Hospitality Properties Trust Common 44106M102 26,560 1,000 SH   DFND 1 0 1,000 0
International Business Machines Corp Common 459200101 648,812 4,284 SH   DFND 1 0 4,284 0
Iridium Communications, Inc. Common 46269C102 15,740 2,000 SH   DFND 2 0 2,000 0
Iridium Communications, Inc. Common 46269C102 2,660,060 338,000 SH   DFND 2 338,000 0 0
JP Morgan Chase & Co. Common 46625H100 843,885 14,250 SH   DFND 1 14,250 0 0
JP Morgan Chase & Co. Common 46625H100 521,136 8,800 SH   DFND 1 0 8,800 0
Johnson & Johnson Common 478160104 549,656 5,080 SH   DFND 1 5,080 0 0
Johnson & Johnson Common 478160104 238,040 2,200 SH   DFND 1 0 2,200 0
Ligand Pharmaceuticals Incorporated Common 53220K504 178,412 1,666 SH   DFND 2 0 1,666 0
Ligand Pharmaceuticals Incorporated Common 53220K504 128,107,162 1,196,257 SH   DFND 2 1,196,257 0 0
Ligand Pharmaceuticals Incorporated Common 53220K504 197,367 1,843 SH   DFND 1 0 1,843 0
Macquarie Infrastructure Common 55608B105 222,552 3,300 SH   DFND 1 3,300 0 0
Medtronics Inc. Common G5960L103 78,750 1,050 SH   DFND 1 0 1,050 0
Merck & Co., Inc. Common 58933Y105 42,328 800 SH   DFND 1 800 0 0
Merck & Co., Inc. Common 58933Y105 26,455 500 SH   DFND 1 0 500 0
Microsoft Corporation Common 594918104 3,719,740 67,350 SH   DFND 2 67,350 0 0
Microsoft Corporation Common 594918104 22,092 400 SH   DFND 1 400 0 0
Microsoft Corporation Common 594918104 55,230 1,000 SH   DFND 1 0 1,000 0
Mondelez Int'l Inc. Common 609207105 116,348 2,900 SH   DFND 1 2,900 0 0
Mondelez Int'l Inc. Common 609207105 120,360 3,000 SH   DFND 1 0 3,000 0
Noble Energy, Inc. Common 655044105 8,794,800 280,000 SH   DFND 2 0 280,000 0
Occidental Petroleum Corporation Common 674599105 3,421,500 50,000 SH   DFND 2 0 50,000 0
Och-Ziff Capital Management Group Common 67551U105 8,700 2,000 SH   DFND 1 2,000 0 0
Oritani Financial Corp Common 68633D103 98,429 5,800 SH   DFND 1 5,800 0 0
Oritani Financial Corp Common 68633D103 33,940 2,000 SH   DFND 1 0 2,000 0
Peoples United Financial Common 712704105 23,895 1,500 SH   DFND 1 0 1,500 0
Pfizer Inc. Common 717081103 80,028 2,700 SH   DFND 2 0 2,700 0
Pfizer Inc. Common 717081103 26,903,517 907,676 SH   DFND 2 907,676 0 0
Pfizer Inc. Common 717081103 1,748,760 59,000 SH   DFND 1 59,000 0 0
Pfizer Inc. Common 717081103 770,640 26,000 SH   DFND 1 0 26,000 0
Physicians Realty Trust Common 71943U104 850,964 45,800 SH   DFND 2 45,800 0 0
Pioneer Natural Resources Company Common 723787107 10,555,500 75,000 SH   DFND 2 0 75,000 0
QLT Inc. Common 746927102 1,086,393 545,926 SH   DFND 2 545,926 0 0
RMR Group Inc. Common 74967R106 400 16 SH   DFND 1 0 16 0
Rand Logistics, Inc. Common 752182105 855 900 SH   DFND 2 0 900 0
Rand Logistics, Inc. Common 752182105 830,713 874,435 SH   DFND 2 874,435 0 0
Range Resources Corporation Common 75281A109 9,228,300 285,000 SH   DFND 2 0 285,000 0
Ryman Hospitality Pptys Inc. Common 78377T107 20,592 400 SH   DFND 1 400 0 0
Schlumberger Limited Common 806857108 7,375,000 100,000 SH   DFND 2 0 100,000 0
SM Energy Company Common 78454L100 9,370,000 500,000 SH   DFND 2 0 500,000 0
Southwestern Energy Company Common 845467109 9,885,750 1,225,000 SH   DFND 2 0 1,225,000 0
Standard Financial Corp. Common 853393106 486,000 20,000 SH   DFND 2 20,000 0 0
Starwood Ppty Inc. Common 85571B105 7,572 400 SH   DFND 1 400 0 0
Sunshine Bancorp, Inc. Common 86777J108 290,800 20,000 SH   DFND 2 20,000 0 0
Sunshine Bancorp, Inc. Common 86777J108 84,332 5,800 SH   DFND 1 5,800 0 0
Sunshine Bancorp, Inc. Common 86777J108 29,080 2,000 SH   DFND 1 0 2,000 0
Synergy Pharmaceuticals, Inc. Common 871639308 437,184 158,400 SH   DFND 2 158,400 0 0
The Kraft Heinz Company Common 500754106 549,920 7,000 SH   DFND 2 7,000 0 0
The Kraft Heinz Company Common 500754106 238,429 3,035 SH   DFND 1 3,035 0 0
The Kraft Heinz Company Common 500754106 146,514 1,865 SH   DFND 1 0 1,865 0
TheStreet Inc. Common 88368Q103 124,744 100,600 SH   DFND 2 100,600 0 0
Total SA Sponsored ADR Common 89151E109 107,191 2,360 SH   DFND 1 2,360 0 0
Total SA Sponsored ADR Common 89151E109 131,718 2,900 SH   DFND 1 0 2,900 0
U.S. Silica Holdings, Inc. Common 90346E103 9,315,200 410,000 SH   DFND 2 0 410,000 0
Verizon Communications Inc. Common 92343V104 71,386 1,320 SH   DFND 1 1,320 0 0
Verizon Communications Inc. Common 92343V104 14,223 263 SH   DFND 1 0 263 0
Whiting Petroleum Corporation Common 966387102 6,384,000 800,000 SH   DFND 2 0 800,000 0