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
Expires:Oct 31, 2018
Estimated average burden
hours per response:23.8

COLUMN 1COLUMN 2COLUMN 3COLUMN 4COLUMN 5COLUMN 6COLUMN 7COLUMN 8
VALUESHRS ORSH/PUT/INVESTMENTOTHERVOTING AUTHORITY
NAME OF ISSUERTITLE OF CLASSCUSIP(x$1000)PRN AMTPRNCALLDISCRETIONMANAGERSOLESHAREDNONE
DEUTSCHE BANK AGNAMEN AKTD1819089810,172421,193SH DFND1421,19300
DEUTSCHE BANK AGNAMEN AKTD1819089812,505517,800SH DFND2517,80000
DEUTSCHE BANK AGNAMEN AKTD181908982,922121,007SH DFND3121,00700
ARGO GROUP INTL HLDGS LTDCOMG0464B1073996,664SH DFND16,66400
AXOVANT SCIENCES LTDCOMG0750W1041,55486,197SH DFND186,19700
AXOVANT SCIENCES LTDCOMG0750W1041,55486,198SH DFND286,19800
MALLINCKRODT PUB LTD COSHSG5785G1077,836105,000SH DFND1105,00000
MALLINCKRODT PUB LTD COSHSG5785G10712,687170,000SH DFND2170,00000
MEDTRONIC PLCSHSG5960L1036,53885,000SH DFND185,00000
ACE LTDSHSH0023R1057,36263,000SH SOLE 63,00000
ABBVIE INCCOM00287Y1093,91066,000SH DFND166,00000
ABBVIE INCCOM00287Y1099,123154,000SH DFND2154,00000
AFFILIATED MANAGERS GROUPCOM0082521081,4389,000SH DFND19,00000
AFFILIATED MANAGERS GROUPCOM0082521083,35521,000SH DFND221,00000
ALLIANCE RES PARTNER L PUT LTD PART01877R10841430,716SH DFND130,71600
ALLIANCE RES PARTNER L PUT LTD PART01877R1082,239165,985SH DFND2165,98500
ALLY FINL INCCOM02005N1006,897370,000SH DFND1370,00000
ALLY FINL INCCOM02005N1006,897370,000SH DFND2370,00000
AMERICAN CAPITAL AGENCY CORPCOM02503X1053,315191,167SH DFND1191,16700
AMERICAN CAPITAL AGENCY CORPCOM02503X1057,710444,666SH DFND2444,66600
AMERICAN CAPITAL AGENCY CORPCOM02503X1052,930168,967SH DFND3168,96700
AMERICAN CAPITAL AGENCY CORPCOM02503X10529116,800SH OTR 16,80000
AMERICAN CAP MTG INVT CORPCOM02504A1045,732410,585SH DFND1410,58500
AMERICAN CAP MTG INVT CORPCOM02504A1048,961641,920SH DFND2641,92000
AMERICAN CAP MTG INVT CORPCOM02504A1042,524180,795SH DFND3180,79500
AMERICAN CAP MTG INVT CORPCOM02504A10434925,000SH OTR 25,00000
ANNALY CAP MGMT INCCOM0357104091,391148,260SH DFND2148,26000
ANWORTH MORTGAGE ASSET CPCOM0373471012,950678,200SH DFND1678,20000
ANWORTH MORTGAGE ASSET CPCOM0373471011,616371,450SH DFND2371,45000
ANWORTH MORTGAGE ASSET CPCOM0373471011,602368,300SH DFND3368,30000
ANWORTH MORTGAGE ASSET CPCOM0373471019221,052SH OTR 21,05200
APOLLO RESIDENTIAL MTG INCCOM03763V1025,156431,437SH DFND1431,43700
APOLLO RESIDENTIAL MTG INCCOM03763V1025,583467,157SH DFND2467,15700
APPLE INCCOM03783310016,947161,000SH DFND1161,00000
APPLE INCCOM03783310016,947161,000SH DFND2161,00000
ARCELORMITTAL SA LUXEMBOURGNY REGISTRY SH03938L1041,688400,000SH DFND1400,00000
ARCELORMITTAL SA LUXEMBOURGNY REGISTRY SH03938L1041,688400,000SH DFND2400,00000
ARLINGTON ASSET INVT CORPCL A NEW04135620512,203922,342SH DFND1922,34200
ARLINGTON ASSET INVT CORPCL A NEW0413562056,370481,506SH DFND3481,50600
ARRIS GROUP INC NEWCOM04270V1062879,380SH DFND19,38000
BP PLCSPONSORED ADR0556221042,57982,500SH DFND282,50000
BP PLCSPONSORED ADR0556221041,40745,000SH OTR 45,00000
BAKER HUGHES INCCOM0572241079,691210,000SH DFND1210,00000
BAKER HUGHES INCCOM0572241079,691210,000SH DFND2210,00000
BANK AMER CORPCOM0605051048,299493,120SH DFND1493,12000
BANK AMER CORPCOM0605051041,32178,480SH DFND378,48000
BARCLAYS PLCADR06738E2042,663205,500SH DFND1205,50000
BARCLAYS PLCADR06738E2044,977384,000SH DFND2384,00000
BARCLAYS PLCADR06738E2042,184168,500SH DFND3168,50000
BARCLAYS PLCADR06738E20454442,000SH OTR 42,00000
BERKLEY W R CORPCOM0844231026,406117,000SH SOLE 117,00000
BIOGEN INCCOM09062X1031,0723,500SH DFND13,50000
BIOGEN INCCOM09062X1031,0723,500SH DFND23,50000
BLACKSTONE GROUP L PCOM UNIT LTD09253U1081,29844,400SH DFND144,40000
BLACKSTONE GROUP L PCOM UNIT LTD09253U10810,164347,600SH DFND2347,60000
CYS INVTS INCCOM12673A1087,8891,106,500SH DFND11,106,50000
CYS INVTS INCCOM12673A10810,4451,465,000SH DFND21,465,00000
CYS INVTS INCCOM12673A1085,401757,500SH DFND3757,50000
CYS INVTS INCCOM12673A108720101,000SH OTR 101,00000
CAPITOL FED FINL INCCOM14057J10145236,000SH DFND136,00000
CARLYLE GROUP L PCOM UTS LTD PTN14309L1021,36387,250SH DFND187,25000
CARLYLE GROUP L PCOM UTS LTD PTN14309L10219,8011,267,664SH DFND21,267,66400
CARLYLE GROUP L PCOM UTS LTD PTN14309L10244528,500SH OTR 28,50000
CARRIAGE SVCS INCCOM14390510739116,217SH DFND116,21700
CEDAR REALTY TRUST INCCOM NEW15060220933046,654SH DFND146,65400
CELGENE CORPCOM1510201041,19810,000SH DFND210,00000
CELGENE CORPCOM1510201041,79615,000SH DFND315,00000
CENTURY CMNTYS INCCOM1565043007,536425,500SH DFND1425,50000
CENTURY CMNTYS INCCOM1565043007,536425,500SH DFND2425,50000
CHEVRON CORP NEWCOM1667641003,49038,800SH DFND138,80000
CHUBB CORPCOM1712321019,41771,000SH SOLE 71,00000
CISCO SYS INCCOM17275R1022,987110,000SH DFND1110,00000
CISCO SYS INCCOM17275R1026,789250,000SH DFND2250,00000
CITIGROUP INCCOM NEW17296742421,062407,000SH DFND1407,00000
CITIGROUP INCCOM NEW17296742411,799228,000SH DFND2228,00000
COACH INCCOM1897541045,944181,600SH DFND1181,60000
COACH INCCOM1897541046,657203,400SH DFND3203,40000
COLONY CAP INCCL A19624R10654528,000SH DFND128,00000
COLONY CAP INCCL A19624R10668235,000SH DFND235,00000
COLONY CAP INCCL A19624R1061367,000SH OTR 7,00000
COMCAST CORP NEWCL A20030N1015,840103,500SH DFND1103,50000
CONOCOPHILLIPSCOM20825C1043277,000SH DFND17,00000
CORPORATE OFFICE PPTYS TRSH BEN INT22002T10827912,776SH DFND112,77600
CYRUSONE INCCOM23283R10039910,643SH DFND110,64300
DELTA AIR LINES INC DELCOM NEW2473617022,17042,804SH DFND142,80400
DELTA AIR LINES INC DELCOM NEW2473617021,93938,244SH DFND238,24400
E M C CORP MASSCOM2686481025,008195,000SH DFND1195,00000
E M C CORP MASSCOM2686481025,136200,000SH DFND2200,00000
E M C CORP MASSCOM2686481021,41255,000SH DFND355,00000
EAGLE BANCORP INC MDCOM2689481062104,160SH DFND14,16000
EBAY INCCOM2786421031,59458,000SH DFND158,00000
ELLINGTON FINANCIAL LLCCOM2885223035,247312,700SH DFND1312,70000
ELLINGTON FINANCIAL LLCCOM28852230312,369737,153SH DFND2737,15300
ELLINGTON FINANCIAL LLCCOM288522303674,000SH OTR 4,00000
EMCOR GROUP INCCOM29084Q1002865,946SH DFND15,94600
EMPLOYERS HOLDINGS INCCOM29221810433112,121SH DFND112,12100
ENBRIDGE ENERGY PARTNERS L PCOM29250R1061155,000SH DFND15,00000
ENBRIDGE ENERGY PARTNERS L PCOM29250R1061,03845,000SH DFND245,00000
ENERGY TRANSFER PRTNRS L PUNIT LTD PARTN29273R1091,21436,000SH DFND136,00000
ENERGY TRANSFER PRTNRS L PUNIT LTD PARTN29273R10910,929324,000SH DFND2324,00000
EVERI HLDGS INCCOM30034T10333175,337SH DFND175,33700
FIRST FINL BANCORP OHCOM32020910919310,668SH DFND110,66800
FIRST MERCHANTS CORPCOM32081710933213,042SH DFND113,04200
FLUSHING FINL CORPCOM34387310527612,749SH DFND112,74900
FRANKLIN RES INCCOM3546131015,827158,250SH DFND1158,25000
FRANKLIN RES INCCOM3546131018,662235,250SH DFND2235,25000
FRANKLIN RES INCCOM3546131013,18586,500SH DFND386,50000
FREEPORT-MCMORAN INCCL B35671D8571,422210,000SH DFND1210,00000
FREEPORT-MCMORAN INCCL B35671D85760990,000SH DFND390,00000
FULL HOUSE RESORTS INCCOM3596781095935,331SH DFND135,33100
FULL HOUSE RESORTS INCCOM3596781095331,617SH DFND231,61700
GENERAC HLDGS INCCOM3687361042187,312SH DFND17,31200
GENERAL CABLE CORP DEL NEWCOM36930010813,4881,004,350SH DFND11,004,35000
GENERAL CABLE CORP DEL NEWCOM3693001081,09881,750SH DFND281,75000
GENERAL CABLE CORP DEL NEWCOM36930010811,165831,361SH DFND3831,36100
GENERAL ELECTRIC COCOM36960410314,485465,000SH DFND1465,00000
GENERAL MTRS COCOM37045V10023,448689,450SH DFND1689,45000
GENERAL MTRS COCOM37045V10013,623400,550SH DFND3400,55000
GILEAD SCIENCES INCCOM3755581036,83067,500SH DFND167,50000
GILEAD SCIENCES INCCOM3755581032,78327,500SH DFND227,50000
GILEAD SCIENCES INCCOM3755581031,01210,000SH DFND310,00000
GLOBAL X FDSGLB X MLP ENRG I37950E22621318,369SH DFND118,36900
GRAY TELEVISION INCCOM38937510633320,407SH DFND120,40700
GREAT AJAX CORPCOM38983D30030425,050SH DFND125,05000
GREAT AJAX CORPCOM38983D3002,605214,975SH DFND2214,97500
GREAT AJAX CORPCOM38983D3002,302189,975SH DFND3189,97500
GREAT PLAINS ENERGY INCCOM3911641002087,602SH DFND17,60200
GREAT WESTN BANCORP INCCOM39141610429810,255SH DFND110,25500
HC2 HLDGS INCCOM4041391075,3291,007,421SH DFND21,007,42100
HSBC HLDGS PLCSDCV 5.625%12/2404280AR09931,000,000PRN DFND11,000,00000
HSBC HLDGS PLCSDCV 5.625%12/2404280AR08,9399,000,000PRN DFND39,000,00000
HP INCCOM40434L1054,869411,250SH DFND1411,25000
HP INCCOM40434L1051,193100,750SH DFND2100,75000
HP INCCOM40434L10568758,000SH DFND358,00000
HEWLETT PACKARD ENTERPRISE CCOM42824C1096,251411,250SH DFND1411,25000
HEWLETT PACKARD ENTERPRISE CCOM42824C1091,531100,750SH DFND2100,75000
HEWLETT PACKARD ENTERPRISE CCOM42824C10988258,000SH DFND358,00000
HOMESTREET INCCOM43785V1021,26858,406SH DFND158,40600
HOMESTREET INCCOM43785V1025,696262,374SH DFND2262,37400
HOMESTREET INCCOM43785V1023,352154,391SH DFND3154,39100
HOMESTREET INCCOM43785V10224811,420SH OTR 11,42000
HUNTSMAN CORPCOM4470111072,558225,000SH DFND1225,00000
HUNTSMAN CORPCOM4470111076,538575,000SH DFND3575,00000
INFINITY PHARMACEUTICALS INCCOM45665G30315720,000SH DFND120,00000
INFINITY PHARMACEUTICALS INCCOM45665G30315720,000SH DFND220,00000
INSTEEL INDUSTRIES INCCOM45774W10851524,609SH DFND124,60900
INSTEEL INDUSTRIES INCCOM45774W10846522,216SH DFND222,21600
INTERVAL LEISURE GROUP INCCOM46113M10822714,571SH DFND114,57100
INVESCO MORTGAGE CAPITAL INCCOM46131B1001,00180,800SH DFND180,80000
INVESCO MORTGAGE CAPITAL INCCOM46131B1001,523122,900SH DFND2122,90000
JPMORGAN CHASE & COCOM46625H10017,168260,000SH DFND1260,00000
JPMORGAN CHASE & COCOM46625H1003,30150,000SH DFND350,00000
JOHNSON & JOHNSONCOM4781601048,83486,000SH DFND186,00000
KKR & CO L P DELCOM UNITS48248M1022,752176,500SH DFND1176,50000
KKR & CO L P DELCOM UNITS48248M1027,332470,300SH DFND2470,30000
KKR & CO L P DELCOM UNITS48248M1024,580293,800SH DFND3293,80000
KELLOGG COCOM48783610815,816218,850SH DFND1218,85000
LCNB CORPCOM50181P1001,878114,785SH DFND1114,78500
LCNB CORPCOM50181P100332,000SH DFND32,00000
LEGG MASON INCCOM5249011053,25683,000SH DFND183,00000
LEGG MASON INCCOM5249011053,21782,000SH DFND282,00000
LEUCADIA NATL CORPCOM5272881041377,896SH DFND17,89600
LEUCADIA NATL CORPCOM5272881041458,315SH DFND28,31500
LEUCADIA NATL CORPCOM5272881045263SH DFND326300
LINN ENERGY LLCUNIT LTD LIAB5360201009271,631SH DFND271,63100
LINN ENERGY LLCUNIT LTD LIAB5360201002620,000SH OTR 20,00000
LIVE OAK BANCSHARES INCCOM53803X10516511,634SH DFND111,63400
MFA FINL INCCOM55272X10216525,000SH DFND125,00000
MFA FINL INCCOM55272X10216525,000SH DFND225,00000
MYR GROUP INC DELCOM55405W10439319,060SH DFND119,06000
MARATHON OIL CORPCOM5658491062,493198,000SH DFND2198,00000
MASTEC INCCOM57632310918910,884SH DFND110,88400
MEDLEY CAP CORPCOM58503F1066,454858,295SH DFND1858,29500
MEDLEY CAP CORPCOM58503F1066,341843,163SH DFND2843,16300
MEDLEY MGMT INCCL A COM58503T1061,723302,750SH DFND1302,75000
MEDLEY MGMT INCCL A COM58503T1061,572276,350SH DFND3276,35000
MERCER INTL INCCOM58805610123726,188SH DFND126,18800
METLIFE INCCOM59156R1088,437175,000SH DFND1175,00000
MICROSEMI CORPCOM5951371003169,699SH DFND19,69900
MONDELEZ INTL INCCL A60920710510,011223,250SH DFND1223,25000
NII HLDGS INCCOM PAR $0.00162913F50814027,642SH DFND127,64200
NII HLDGS INCCOM PAR $0.00162913F50840079,223SH DFND279,22300
NII HLDGS INCCOM PAR $0.00162913F508367,124SH OTR 7,12400
NMI HLDGS INCCL A6292093053,128462,000SH DFND1462,00000
NMI HLDGS INCCL A6292093056,269926,000SH DFND2926,00000
NATIONAL BK HLDGS CORPCL A633707104813,776SH DFND13,77600
NATIONAL BK HLDGS CORPCL A6337071041215,677SH DFND25,67700
NATIONAL INTERSTATE CORPCOM63654U100272,34010,200,000SH DFND110,200,00000
NEW YORK CMNTY BANCORP INCCOM6494451035,712350,000SH DFND1350,00000
NORTHSTAR RLTY FIN CORPCOM66704R80316,902992,500SH DFND1992,50000
NORTHSTAR REALTY EUROPE CORPCOM66706L1011,762149,166SH DFND1149,16600
NOVATEL WIRELESS INCCOM NEW66987M60412,9677,764,705SH OTR 7,764,70500
OAKTREE CAP GROUP LLCUNIT CL A67400120147710,000SH DFND110,00000
OAKTREE CAP GROUP LLCUNIT CL A67400120147710,000SH DFND210,00000
OMEROS CORPCOM6821431024,499286,040SH DFND1286,04000
OMEROS CORPCOM6821431026,749429,061SH DFND2429,06100
OPUS BK IRVINE CALIFCOM6840001022777,506SH DFND17,50600
ORGANOVO HLDGS INCCOM68620A10422891,500SH DFND191,50000
ORGANOVO HLDGS INCCOM68620A104398160,000SH DFND2160,00000
PDVWIRELESS INCCOM69290R10411,687425,000SH DFND1425,00000
PDVWIRELESS INCCOM69290R10418,906687,500SH DFND2687,50000
PJT PARTNERS INCCOM CL A69343T107311,110SH DFND11,11000
PJT PARTNERS INCCOM CL A69343T1072468,690SH DFND28,69000
PARTY CITY HOLDCO INCCOM70214910516812,984SH DFND112,98400
PAYPAL HLDGS INCCOM70450Y1032,10058,000SH DFND158,00000
PEAK RESORTS INCCOM70469L1007,4881,245,986SH DFND11,245,98600
PERFICIENT INCCOM71375U10126015,169SH DFND115,16900
POTBELLY CORPCOM73754Y10035130,000SH DFND130,00000
POTBELLY CORPCOM73754Y1001,171100,000SH DFND2100,00000
POTBELLY CORPCOM73754Y10082070,000SH DFND370,00000
PROSPECT CAPITAL CORPORATIONNOTE 4.750% 4/174348TAQ57,1028,200,000PRN DFND28,200,00000
PROSPECT CAPITAL CORPORATIONCOM74348T1023,490500,000SH DFND1500,00000
PROSPECT CAPITAL CORPORATIONCOM74348T1023,490500,000SH DFND2500,00000
PROVIDENT FINL SVCS INCCOM74386T10529114,439SH DFND114,43900
PRUDENTIAL FINL INCCOM74432010219,335237,500SH DFND1237,50000
PRUDENTIAL FINL INCCOM7443201029,877121,323SH DFND3121,32300
RAMCO-GERSHENSON PPTYS TRCOM SH BEN INT75145220228817,345SH DFND117,34500
REAL IND INCCOM75601W10420625,678SH DFND125,67800
RESOLUTE FST PRODS INCCOM76117W1093,589474,084SH DFND1474,08400
RESOLUTE FST PRODS INCCOM76117W1095,871775,627SH DFND2775,62700
RESOLUTE FST PRODS INCCOM76117W10923631,125SH DFND331,12500
REVOLUTION LIGHTING TECHNOLOCOM76155G1074,3035,412,854SH DFND15,412,85400
REVOLUTION LIGHTING TECHNOLOCOM76155G1074,3035,412,854SH DFND25,412,85400
REXFORD INDL RLTY INCCOM76169C10073645,000SH DFND145,00000
REXFORD INDL RLTY INCCOM76169C1001,718105,000SH DFND2105,00000
ROYAL DUTCH SHELL PLCSPON ADR B7802591073688,000SH DFND18,00000
ROYAL DUTCH SHELL PLCSPON ADR B7802591076,998152,000SH DFND2152,00000
ROYAL DUTCH SHELL PLCSPONS ADR A7802592062986,500SH DFND16,50000
RUDOLPH TECHNOLOGIES INCCOM78127010319113,440SH DFND113,44000
SCRIPPS NETWORKS INTERACT INCL A COM8110651018,392152,000SH DFND1152,00000
SCRIPPS NETWORKS INTERACT INCL A COM8110651015,13593,000SH DFND293,00000
STARWOOD PPTY TR INCCOM85571B10530815,000SH DFND115,00000
STARWOOD PPTY TR INCCOM85571B10530815,000SH DFND215,00000
STONEGATE MTG CORPCOM86181Q3007,1991,320,830SH DFND11,320,83000
STONEGATE MTG CORPCOM86181Q3006,9831,281,281SH DFND21,281,28100
STONERIDGE INCCOM86183P10231121,011SH DFND121,01100
SUNEDISON INCCOM86732Y1092,474486,000SH DFND2486,00000
SUNEDISON INCCOM86732Y1091,649324,000SH DFND3324,00000
SYNAPTICS INCCOM87157D1093304,108SH DFND14,10800
TECK RESOURCES LTDCL B87874220428674,100SH DFND174,10000
TECK RESOURCES LTDCL B87874220415440,000SH DFND240,00000
TORTOISE ENERGY INFRSTRCTR CCOM89147L1004,458160,236SH DFND1160,23600
TORTOISE ENERGY INFRSTRCTR CCOM89147L1002,46288,480SH DFND288,48000
TWO HBRS INVT CORPCOM90187B1013,726460,000SH DFND1460,00000
TWO HBRS INVT CORPCOM90187B10110,5701,305,000SH DFND21,305,00000
TWO HBRS INVT CORPCOM90187B1013,199395,000SH DFND3395,00000
USA COMPRESSION PARTNERS LPCOMUNIT LTDPAR90290N10917215,000SH DFND115,00000
USA COMPRESSION PARTNERS LPCOMUNIT LTDPAR90290N1091,837159,871SH DFND2159,87100
VANGUARD INTL EQUITY INDEX FFTSE SMCAP ETF9220427182182,351SH DFND12,35100
VANGUARD INTL EQUITY INDEX FALLWRLD EX US9220427753157,265SH DFND17,26500
VANGUARD INDEX FDSS&P 500 ETF SHS9229083636313,375SH DFND13,37500
VANGUARD INDEX FDSREIT ETF9229085534065,089SH DFND15,08900
VANGUARD INDEX FDSEXTEND MKT ETF9229086524515,380SH DFND15,38000
VERIZON COMMUNICATIONS INCCOM92343V1042,44952,994SH DFND252,99400
VERIZON COMMUNICATIONS INCCOM92343V1042866,180SH OTR 6,18000
VERISK ANALYTICS INCCOM92345Y10614,314186,191SH DFND1186,19100
VIAD CORPCOM NEW92552R4062518,882SH DFND18,88200
VIACOM INC NEWCL B92553P20119,244467,550SH DFND1467,55000
VIACOM INC NEWCL B92553P2019,362227,450SH DFND3227,45000
VOLTARI CORPCOM NEW92870X309285,652SH DFND15,65200
VOLTARI CORPCOM NEW92870X309428,478SH DFND28,47800
VONAGE HLDGS CORPCOM92886T20125143,699SH DFND143,69900
WELLS FARGO & CO NEWCOM94974610114,786272,000SH DFND1272,00000
WEST CORPCOM95235520427012,509SH DFND112,50900
WILSHIRE BANCORP INCCOM97186T10817014,692SH DFND114,69200
XCERRA CORPCOM98400J10823138,140SH DFND138,14000