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
DEUTSCHE BANK AG NAMEN AKT D18190898 7,442 247,900 SH   DFND 1 247,900 0 0
DEUTSCHE BANK AG NAMEN AKT D18190898 7,275 242,350 SH   DFND 2 242,350 0 0
DEUTSCHE BANK AG NAMEN AKT D18190898 2,094 69,750 SH   DFND   69,750 0 0
ARGO GROUP INTL HLDGS LTD COM G0464B107 409 7,377 SH   DFND 1 7,377 0 0
EATON CORP PLC SHS G29183103 782 11,500 SH   DFND 1 11,500 0 0
ENSCO PLC SHS CLASS A G3157S106 314 10,500 SH   DFND 1 10,500 0 0
ACE LTD SHS H0023R105 7,237 63,000 SH   SOLE   63,000 0 0
LYONDELLBASELL INDUSTRIES N SHS - A - N53745100 11,909 150,000 SH   DFND 1 150,000 0 0
AT&T INC COM 00206R102 689 20,500 SH   DFND 1 20,500 0 0
ALLIANCE RES PARTNER L P UT LTD PART 01877R108 1,213 28,180 SH   DFND 1 28,180 0 0
ALLIANCE RES PARTNER L P UT LTD PART 01877R108 4,401 102,238 SH   DFND 2 102,238 0 0
ALLIANCE RES PARTNER L P UT LTD PART 01877R108 2,146 49,854 SH   DFND   49,854 0 0
AMERICAN CAPITAL AGENCY CORP COM 02503X105 4,173 191,167 SH   DFND 1 191,167 0 0
AMERICAN CAPITAL AGENCY CORP COM 02503X105 7,218 330,666 SH   DFND 2 330,666 0 0
AMERICAN CAPITAL AGENCY CORP COM 02503X105 6,544 299,767 SH   DFND   299,767 0 0
AMERICAN CAP MTG INVT CORP COM 02504A104 7,735 410,585 SH   DFND 1 410,585 0 0
AMERICAN CAP MTG INVT CORP COM 02504A104 10,210 541,920 SH   DFND 2 541,920 0 0
AMERICAN CAP MTG INVT CORP COM 02504A104 5,761 305,795 SH   DFND   305,795 0 0
AMERICAN HOMES 4 RENT CL A 02665T306 5,364 315,000 SH   DFND 1 315,000 0 0
AMERICAN HOMES 4 RENT CL A 02665T306 10,218 600,000 SH   DFND 2 600,000 0 0
AMERICAN HOMES 4 RENT CL A 02665T306 1,448 85,000 SH   DFND   85,000 0 0
AMERICAN RESIDENTIAL PPTYS I COM 02927E303 8,785 500,000 SH   DFND 2 500,000 0 0
ANNALY CAP MGMT INC COM 035710409 1,603 148,260 SH   DFND 2 148,260 0 0
ANWORTH MORTGAGE ASSET CP COM 037347101 3,561 678,200 SH   DFND 1 678,200 0 0
ANWORTH MORTGAGE ASSET CP COM 037347101 3,772 718,450 SH   DFND 2 718,450 0 0
ANWORTH MORTGAGE ASSET CP COM 037347101 3,994 760,802 SH   DFND   760,802 0 0
APOLLO RESIDENTIAL MTG INC COM 03763V102 6,804 431,437 SH   DFND 1 431,437 0 0
APOLLO RESIDENTIAL MTG INC COM 03763V102 4,308 273,157 SH   DFND 2 273,157 0 0
APOLLO RESIDENTIAL MTG INC COM 03763V102 3,059 194,000 SH   DFND   194,000 0 0
APPLE INC COM 037833100 17,771 161,000 SH   DFND 1 161,000 0 0
APPLE INC COM 037833100 15,994 144,900 SH   DFND 2 144,900 0 0
APPLE INC COM 037833100 1,777 16,100 SH   DFND   16,100 0 0
ARCELORMITTAL SA LUXEMBOURG NY REGISTRY SH 03938L104 4,412 400,000 SH   DFND 1 400,000 0 0
ARCELORMITTAL SA LUXEMBOURG NY REGISTRY SH 03938L104 4,412 400,000 SH   DFND 2 400,000 0 0
ARCH COAL INC COM 039380100 1,326 745,000 SH   DFND 1 745,000 0 0
ARCH COAL INC COM 039380100 196 110,000 SH   DFND   110,000 0 0
BP PLC SPONSORED ADR 055622104 3,145 82,500 SH   DFND 2 82,500 0 0
BP PLC SPONSORED ADR 055622104 1,715 45,000 SH   DFND   45,000 0 0
BAKER HUGHES INC COM 057224107 5,607 100,000 SH   DFND 1 100,000 0 0
BAKER HUGHES INC COM 057224107 5,607 100,000 SH   DFND 2 100,000 0 0
BANK AMER CORP COM 060505104 10,074 563,120 SH   DFND 1 563,120 0 0
BANK AMER CORP COM 060505104 1,404 78,480 SH   DFND   78,480 0 0
BARCLAYS PLC ADR 06738E204 3,085 205,500 SH   DFND 1 205,500 0 0
BARCLAYS PLC ADR 06738E204 5,013 334,000 SH   DFND 2 334,000 0 0
BARCLAYS PLC ADR 06738E204 3,910 260,500 SH   DFND   260,500 0 0
BBCN BANCORP INC COM 073295107 218 15,149 SH   DFND 1 15,149 0 0
BERKLEY W R CORP COM 084423102 5,997 117,000 SH   SOLE   117,000 0 0
BLACKSTONE GROUP L P COM UNIT LTD 09253U108 1,231 36,400 SH   DFND 1 36,400 0 0
BLACKSTONE GROUP L P COM UNIT LTD 09253U108 4,926 145,600 SH   DFND 2 145,600 0 0
CAI INTERNATIONAL INC COM 12477X106 312 13,456 SH   DFND 1 13,456 0 0
CYS INVTS INC COM 12673A108 9,649 1,106,500 SH   DFND 1 1,106,500 0 0
CYS INVTS INC COM 12673A108 10,185 1,168,000 SH   DFND 2 1,168,000 0 0
CYS INVTS INC COM 12673A108 10,076 1,155,500 SH   DFND   1,155,500 0 0
CAPITOL FED FINL INC COM 14057J101 460 36,000 SH   DFND 1 36,000 0 0
CARLYLE GROUP L P COM UTS LTD PTN 14309L102 1,513 55,000 SH   DFND 1 55,000 0 0
CARLYLE GROUP L P COM UTS LTD PTN 14309L102 6,614 240,505 SH   DFND 2 240,505 0 0
CARRIAGE SVCS INC COM 143905107 340 16,217 SH   DFND 1 16,217 0 0
CEDAR REALTY TRUST INC COM NEW 150602209 342 46,654 SH   DFND 1 46,654 0 0
CELGENE CORP COM 151020104 1,119 10,000 SH   DFND 2 10,000 0 0
CELGENE CORP COM 151020104 1,678 15,000 SH   DFND   15,000 0 0
CENTURY CMNTYS INC COM 156504300 7,353 425,500 SH   DFND 1 425,500 0 0
CENTURY CMNTYS INC COM 156504300 7,353 425,500 SH   DFND 2 425,500 0 0
CHEVRON CORP NEW COM 166764100 4,353 38,800 SH   DFND 1 38,800 0 0
CHUBB CORP COM 171232101 7,346 71,000 SH   SOLE   71,000 0 0
CISCO SYS INC COM 17275R102 3,060 110,000 SH   DFND 1 110,000 0 0
CISCO SYS INC COM 17275R102 6,954 250,000 SH   DFND 2 250,000 0 0
CITIGROUP INC COM NEW 172967424 15,746 291,000 SH   DFND 1 291,000 0 0
CITIGROUP INC COM NEW 172967424 8,874 164,000 SH   DFND 2 164,000 0 0
COACH INC COM 189754104 6,821 181,600 SH   DFND 1 181,600 0 0
COACH INC COM 189754104 7,640 203,400 SH   DFND   203,400 0 0
COLONY FINL INC COM 19624R106 667 28,000 SH   DFND 1 28,000 0 0
COLONY FINL INC COM 19624R106 1,000 42,000 SH   DFND   42,000 0 0
COMCAST CORP NEW CL A 20030N101 6,004 103,500 SH   DFND 1 103,500 0 0
CONOCOPHILLIPS COM 20825C104 483 7,000 SH   DFND 1 7,000 0 0
CORPORATE OFFICE PPTYS TR SH BEN INT 22002T108 317 11,159 SH   DFND 1 11,159 0 0
CUSTOMERS BANCORP INC COM 23204G100 3,884 199,571 SH   DFND 1 199,571 0 0
CUSTOMERS BANCORP INC COM 23204G100 7,813 401,500 SH   DFND 2 401,500 0 0
CYRUSONE INC COM 23283R100 293 10,643 SH   DFND 1 10,643 0 0
DELTA AIR LINES INC DEL COM NEW 247361702 2,106 42,804 SH   DFND 1 42,804 0 0
DELTA AIR LINES INC DEL COM NEW 247361702 1,550 31,512 SH   DFND 2 31,512 0 0
DELTA AIR LINES INC DEL COM NEW 247361702 331 6,732 SH   DFND   6,732 0 0
DU PONT E I DE NEMOURS & CO COM 263534109 407 5,500 SH   DFND 1 5,500 0 0
E M C CORP MASS COM 268648102 5,799 195,000 SH   DFND 1 195,000 0 0
E M C CORP MASS COM 268648102 5,948 200,000 SH   DFND 2 200,000 0 0
E M C CORP MASS COM 268648102 1,636 55,000 SH   DFND   55,000 0 0
EBAY INC COM 278642103 4,770 85,000 SH   DFND 1 85,000 0 0
EBAY INC COM 278642103 4,119 73,400 SH   DFND 2 73,400 0 0
EBAY INC COM 278642103 651 11,600 SH   DFND   11,600 0 0
ELLINGTON FINANCIAL LLC COM 288522303 6,241 312,700 SH   DFND 1 312,700 0 0
ELLINGTON FINANCIAL LLC COM 288522303 13,995 701,153 SH   DFND 2 701,153 0 0
ELLINGTON FINANCIAL LLC COM 288522303 798 40,000 SH   DFND   40,000 0 0
EMCOR GROUP INC COM 29084Q100 265 5,946 SH   DFND 1 5,946 0 0
EMPLOYERS HOLDINGS INC COM 292218104 285 12,121 SH   DFND 1 12,121 0 0
ENERSYS COM 29275Y102 273 4,416 SH   DFND 1 4,416 0 0
FIRST FINL BANCORP OH COM 320209109 4,310 231,867 SH   DFND 1 231,867 0 0
FIRST MERCHANTS CORP COM 320817109 297 13,042 SH   DFND 1 13,042 0 0
FIRSTMERIT CORP COM 337915102 219 11,587 SH   DFND 1 11,587 0 0
FLAGSTAR BANCORP INC COM PAR .001 337930705 2,975 189,104 SH   DFND 1 189,104 0 0
FLAGSTAR BANCORP INC COM PAR .001 337930705 2,975 189,104 SH   DFND 2 189,104 0 0
FLUSHING FINL CORP COM 343873105 281 13,844 SH   DFND 1 13,844 0 0
FREEPORT-MCMORAN INC CL B 35671D857 4,906 210,000 SH   DFND 1 210,000 0 0
FREEPORT-MCMORAN INC CL B 35671D857 2,102 90,000 SH   DFND   90,000 0 0
FULL HOUSE RESORTS INC COM 359678109 49 35,331 SH   DFND 1 35,331 0 0
FULL HOUSE RESORTS INC COM 359678109 44 31,617 SH   DFND 2 31,617 0 0
GENERAL CABLE CORP DEL NEW COM 369300108 8,264 554,600 SH   DFND 1 554,600 0 0
GENERAL CABLE CORP DEL NEW COM 369300108 9,094 610,361 SH   DFND   610,361 0 0
GENERAL ELECTRIC CO COM 369604103 12,635 500,000 SH   DFND 1 500,000 0 0
GENERAL MLS INC COM 370334104 800 15,000 SH   DFND 1 15,000 0 0
GENERAL MTRS CO COM 37045V100 9,722 278,500 SH   DFND 1 278,500 0 0
GENERAL MTRS CO COM 37045V100 9,478 271,500 SH   DFND   271,500 0 0
GILEAD SCIENCES INC COM 375558103 6,363 67,500 SH   DFND 1 67,500 0 0
GILEAD SCIENCES INC COM 375558103 2,592 27,500 SH   DFND 2 27,500 0 0
GILEAD SCIENCES INC COM 375558103 943 10,000 SH   DFND   10,000 0 0
GLOBAL CASH ACCESS HLDGS INC COM 378967103 126 17,662 SH   DFND 1 17,662 0 0
GLOBAL X FDS GLB X MLP ENRG I 37950E226 341 18,369 SH   DFND 1 18,369 0 0
GRAY TELEVISION INC COM 389375106 254 22,637 SH   DFND 1 22,637 0 0
GREAT PLAINS ENERGY INC COM 391164100 216 7,602 SH   DFND 1 7,602 0 0
HEWLETT PACKARD CO COM 428236103 16,503 411,250 SH   DFND 1 411,250 0 0
HEWLETT PACKARD CO COM 428236103 4,043 100,750 SH   DFND 2 100,750 0 0
HEWLETT PACKARD CO COM 428236103 2,328 58,000 SH   DFND   58,000 0 0
HOMESTREET INC COM 43785V102 3,109 178,566 SH   DFND 1 178,566 0 0
HOMESTREET INC COM 43785V102 7,180 412,406 SH   DFND 2 412,406 0 0
HOMESTREET INC COM 43785V102 4,641 266,553 SH   DFND   266,553 0 0
IBERIABANK CORP COM 450828108 286 4,405 SH   DFND 1 4,405 0 0
INFINITY PHARMACEUTICALS INC COM 45665G303 338 20,000 SH   DFND 1 20,000 0 0
INFINITY PHARMACEUTICALS INC COM 45665G303 338 20,000 SH   DFND 2 20,000 0 0
INSTEEL INDUSTRIES INC COM 45774W108 580 24,609 SH   DFND 1 24,609 0 0
INSTEEL INDUSTRIES INC COM 45774W108 524 22,216 SH   DFND 2 22,216 0 0
INTERVAL LEISURE GROUP INC COM 46113M108 239 11,446 SH   DFND 1 11,446 0 0
INVESCO MORTGAGE CAPITAL INC COM 46131B100 1,249 80,800 SH   DFND 1 80,800 0 0
INVESCO MORTGAGE CAPITAL INC COM 46131B100 1,577 102,000 SH   DFND 2 102,000 0 0
INVESCO MORTGAGE CAPITAL INC COM 46131B100 323 20,900 SH   DFND   20,900 0 0
JPMORGAN CHASE & CO COM 46625H100 16,271 260,000 SH   DFND 1 260,000 0 0
JPMORGAN CHASE & CO COM 46625H100 3,129 50,000 SH   DFND   50,000 0 0
JOHNSON & JOHNSON COM 478160104 9,850 94,200 SH   DFND 1 94,200 0 0
JOURNAL COMMUNICATIONS INC CL A 481130102 181 15,827 SH   DFND 1 15,827 0 0
KKR & CO L P DEL COM UNITS 48248M102 3,157 136,000 SH   DFND 1 136,000 0 0
KKR & CO L P DEL COM UNITS 48248M102 4,642 200,000 SH   DFND 2 200,000 0 0
KKR & CO L P DEL COM UNITS 48248M102 1,485 64,000 SH   DFND   64,000 0 0
KELLOGG CO COM 487836108 14,322 218,850 SH   DFND 1 218,850 0 0
KOHLS CORP COM 500255104 18,312 300,000 SH   DFND 1 300,000 0 0
KOHLS CORP COM 500255104 1,221 20,000 SH   DFND   20,000 0 0
LCNB CORP COM 50181P100 1,730 114,785 SH   DFND 1 114,785 0 0
LCNB CORP COM 50181P100 30 2,000 SH   DFND   2,000 0 0
LEUCADIA NATL CORP COM 527288104 177 7,896 SH   DFND 1 7,896 0 0
LEUCADIA NATL CORP COM 527288104 186 8,315 SH   DFND 2 8,315 0 0
LEUCADIA NATL CORP COM 527288104 6 263 SH   DFND   263 0 0
LINN ENERGY LLC UNIT LTD LIAB 536020100 928 91,631 SH   DFND   91,631 0 0
MFA FINL INC COM 55272X102 200 25,000 SH   DFND 1 25,000 0 0
MFA FINL INC COM 55272X102 200 25,000 SH   DFND   25,000 0 0
MYR GROUP INC DEL COM 55405W104 10,538 384,615 SH   DFND 1 384,615 0 0
MAGELLAN HEALTH INC COM NEW 559079207 267 4,453 SH   DFND 1 4,453 0 0
MANAGED HIGH YIELD PLUS FD I COM 561911108 18 10,000 SH   DFND 1 10,000 0 0
MARATHON OIL CORP COM 565849106 5,601 198,000 SH   DFND 2 198,000 0 0
MEDLEY CAP CORP COM 58503F106 4,404 476,650 SH   DFND 1 476,650 0 0
MEDLEY CAP CORP COM 58503F106 3,534 382,493 SH   DFND 2 382,493 0 0
MEDLEY CAP CORP COM 58503F106 878 95,050 SH   DFND   95,050 0 0
MEDLEY MGMT INC CL A COM 58503T106 4,226 287,500 SH   DFND 1 287,500 0 0
MEDLEY MGMT INC CL A COM 58503T106 3,859 262,500 SH   DFND   262,500 0 0
MEDTRONIC INC COM 585055106 7,220 100,000 SH   DFND 1 100,000 0 0
METLIFE INC COM 59156R108 8,654 160,000 SH   DFND 1 160,000 0 0
METLIFE INC COM 59156R108 2,715 50,200 SH   DFND 2 50,200 0 0
MICROSOFT CORP COM 594918104 20,740 446,500 SH   DFND 1 446,500 0 0
MICROSEMI CORP COM 595137100 275 9,699 SH   DFND 1 9,699 0 0
MONDELEZ INTL INC CL A 609207105 8,110 223,250 SH   DFND 1 223,250 0 0
NMI HLDGS INC CL A 629209305 4,218 462,000 SH   DFND 1 462,000 0 0
NMI HLDGS INC CL A 629209305 8,454 926,000 SH   DFND 2 926,000 0 0
NRG ENERGY INC COM NEW 629377508 92 3,424 SH   DFND 1 3,424 0 0
NRG ENERGY INC COM NEW 629377508 108 3,999 SH   DFND 2 3,999 0 0
NATIONAL BK HLDGS CORP CL A 633707104 844 43,500 SH   DFND 1 43,500 0 0
NATIONAL BK HLDGS CORP CL A 633707104 1,269 65,400 SH   DFND 2 65,400 0 0
NATIONAL GEN HLDGS CORP COM 636220303 5,486 294,800 SH   DFND 1 294,800 0 0
NATIONAL GEN HLDGS CORP COM 636220303 7,635 410,239 SH   DFND 2 410,239 0 0
NATIONAL GEN HLDGS CORP COM 636220303 4,628 248,700 SH   DFND   248,700 0 0
NATIONAL INTERSTATE CORP COM 63654U100 303,960 10,200,000 SH   DFND 1 10,200,000 0 0
NEW YORK CMNTY BANCORP INC COM 649445103 5,600 350,000 SH   DFND 1 350,000 0 0
NICE SYS LTD SPONSORED ADR 653656108 303 5,989 SH   DFND 1 5,989 0 0
OAKTREE CAP GROUP LLC UNIT CL A 674001201 518 10,000 SH   DFND 1 10,000 0 0
OAKTREE CAP GROUP LLC UNIT CL A 674001201 518 10,000 SH   DFND 2 10,000 0 0
OCWEN FINL CORP COM NEW 675746309 680 45,000 SH   DFND 1 45,000 0 0
OCWEN FINL CORP COM NEW 675746309 680 45,000 SH   DFND 2 45,000 0 0
OMNICELL INC COM 68213N109 309 9,329 SH   DFND 1 9,329 0 0
OMEROS CORP COM 682143102 2,529 102,040 SH   DFND 1 102,040 0 0
OMEROS CORP COM 682143102 3,793 153,061 SH   DFND 2 153,061 0 0
ORGANOVO HLDGS INC COM 68620A104 663 91,500 SH   DFND 1 91,500 0 0
ORGANOVO HLDGS INC COM 68620A104 1,160 160,000 SH   DFND 2 160,000 0 0
PNC FINL SVCS GROUP INC COM 693475105 4,539 49,750 SH   DFND 1 49,750 0 0
PNC FINL SVCS GROUP INC COM 693475105 5,497 60,250 SH   DFND   60,250 0 0
PEABODY ENERGY CORP COM 704549104 2,786 360,000 SH   DFND 1 360,000 0 0
PEABODY ENERGY CORP COM 704549104 2,090 270,000 SH   DFND   270,000 0 0
PEAK RESORTS INC COM 70469L100 8,800 1,100,000 SH   DFND 1 1,100,000 0 0
PEOPLES UNITED FINANCIAL INC COM 712704105 9,563 630,000 SH   DFND 1 630,000 0 0
PEPSICO INC COM 713448108 20,335 215,050 SH   DFND 1 215,050 0 0
PERFICIENT INC COM 71375U101 283 15,169 SH   DFND 1 15,169 0 0
PETROQUEST ENERGY INC COM 716748108 196 52,308 SH   DFND 1 52,308 0 0
PFIZER INC COM 717081103 13,021 418,000 SH   DFND 1 418,000 0 0
PFIZER INC COM 717081103 623 20,000 SH   DFND   20,000 0 0
PHILIP MORRIS INTL INC COM 718172109 529 6,500 SH   DFND 1 6,500 0 0
POTBELLY CORP COM 73754Y100 386 30,000 SH   DFND 1 30,000 0 0
POTBELLY CORP COM 73754Y100 1,287 100,000 SH   DFND 2 100,000 0 0
POTBELLY CORP COM 73754Y100 901 70,000 SH   DFND   70,000 0 0
PREMIERE GLOBAL SVCS INC COM 740585104 287 27,064 SH   DFND 1 27,064 0 0
PROSPECT CAPITAL CORPORATION COM 74348T102 4,130 500,000 SH   DFND 1 500,000 0 0
PROSPECT CAPITAL CORPORATION COM 74348T102 3,304 400,000 SH   DFND 2 400,000 0 0
PROSPECT CAPITAL CORPORATION COM 74348T102 826 100,000 SH   DFND   100,000 0 0
PROVIDENT FINL SVCS INC COM 74386T105 261 14,439 SH   DFND 1 14,439 0 0
PRUDENTIAL FINL INC COM 744320102 7,915 87,500 SH   DFND 1 87,500 0 0
PRUDENTIAL FINL INC COM 744320102 8,261 91,323 SH   DFND   91,323 0 0
RF MICRODEVICES INC COM 749941100 316 19,034 SH   DFND 1 19,034 0 0
RAMCO-GERSHENSON PPTYS TR COM SH BEN INT 751452202 325 17,345 SH   DFND 1 17,345 0 0
REVOLUTION LIGHTING TECHNOLO COM 76155G107 2,318 1,717,202 SH   DFND 1 1,717,202 0 0
REVOLUTION LIGHTING TECHNOLO COM 76155G107 2,318 1,717,202 SH   DFND 2 1,717,202 0 0
REXFORD INDL RLTY INC COM 76169C100 707 45,000 SH   DFND 1 45,000 0 0
REXFORD INDL RLTY INC COM 76169C100 1,650 105,000 SH   DFND 2 105,000 0 0
RUDOLPH TECHNOLOGIES INC COM 781270103 266 26,035 SH   DFND 1 26,035 0 0
STARWOOD PPTY TR INC COM 85571B105 349 15,000 SH   DFND 1 15,000 0 0
STARWOOD PPTY TR INC COM 85571B105 349 15,000 SH   DFND   15,000 0 0
STONEGATE MTG CORP COM 86181Q300 10,830 905,555 SH   DFND 1 905,555 0 0
STONEGATE MTG CORP COM 86181Q300 9,747 815,000 SH   DFND 2 815,000 0 0
STONEGATE MTG CORP COM 86181Q300 1,083 90,556 SH   DFND   90,556 0 0
STONERIDGE INC COM 86183P102 270 21,011 SH   DFND 1 21,011 0 0
SYNAPTICS INC COM 87157D109 215 3,127 SH   DFND 1 3,127 0 0
SYSCO CORP COM 871829107 754 19,000 SH   DFND 1 19,000 0 0
TARGET CORP COM 87612E106 10,627 140,000 SH   DFND 1 140,000 0 0
TECK RESOURCES LTD CL B 878742204 1,011 74,100 SH   DFND 1 74,100 0 0
TECK RESOURCES LTD CL B 878742204 546 40,000 SH   DFND   40,000 0 0
THOMSON REUTERS CORP COM 884903105 726 18,000 SH   DFND 1 18,000 0 0
TORTOISE ENERGY INFRSTRCTR C COM 89147L100 846 19,336 SH   DFND 1 19,336 0 0
TORTOISE ENERGY INFRSTRCTR C COM 89147L100 2,818 64,380 SH   DFND 2 64,380 0 0
TWO HBRS INVT CORP COM 90187B101 4,609 460,000 SH   DFND 1 460,000 0 0
TWO HBRS INVT CORP COM 90187B101 15,571 1,554,000 SH   DFND 2 1,554,000 0 0
TWO HBRS INVT CORP COM 90187B101 6,122 611,000 SH   DFND   611,000 0 0
USA COMPRESSION PARTNERS LP COMUNIT LTDPAR 90290N109 182 11,000 SH   DFND 1 11,000 0 0
USA COMPRESSION PARTNERS LP COMUNIT LTDPAR 90290N109 1,749 105,411 SH   DFND 2 105,411 0 0
USA COMPRESSION PARTNERS LP COMUNIT LTDPAR 90290N109 182 11,000 SH   DFND   11,000 0 0
VANGUARD INTL EQUITY INDEX F FTSE SMCAP ETF 922042718 224 2,351 SH   DFND 1 2,351 0 0
VANGUARD INTL EQUITY INDEX F ALLWRLD EX US 922042775 340 7,265 SH   DFND 1 7,265 0 0
VANGUARD INDEX FDS S&P 500 ETF SHS 922908363 636 3,375 SH   DFND 1 3,375 0 0
VANGUARD INDEX FDS REIT ETF 922908553 412 5,089 SH   DFND 1 5,089 0 0
VANGUARD INDEX FDS EXTEND MKT ETF 922908652 472 5,380 SH   DFND 1 5,380 0 0
VERIZON COMMUNICATIONS INC COM 92343V104 1,606 34,321 SH   DFND 2 34,321 0 0
VERIZON COMMUNICATIONS INC COM 92343V104 1,163 24,853 SH   DFND   24,853 0 0
VERISK ANALYTICS INC CL A 92345Y106 11,926 186,191 SH   DFND 1 186,191 0 0
VIAD CORP COM NEW 92552R406 237 8,882 SH   DFND 1 8,882 0 0
VIACOM INC NEW CL B 92553P201 5,268 70,000 SH   DFND   70,000 0 0
VODAFONE GROUP PLC NEW SPNSR ADR NO PAR 92857W308 2,432 71,181 SH   DFND 2 71,181 0 0
VODAFONE GROUP PLC NEW SPNSR ADR NO PAR 92857W308 1,761 51,545 SH   DFND   51,545 0 0
VOLTARI CORP COM NEW 92870X309 4 5,652 SH   DFND 1 5,652 0 0
VOLTARI CORP COM NEW 92870X309 6 8,478 SH   DFND 2 8,478 0 0
WABASH NATL CORP COM 929566107 279 22,547 SH   DFND 1 22,547 0 0
WELLS FARGO & CO NEW COM 949746101 14,911 272,000 SH   DFND 1 272,000 0 0
WILSHIRE BANCORP INC COM 97186T108 258 25,507 SH   DFND 1 25,507 0 0
WISCONSIN ENERGY CORP COM 976657106 844 16,000 SH   DFND 1 16,000 0 0
XCERRA CORP COM 98400J108 277 30,256 SH   DFND 1 30,256 0 0