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
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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
AEGERION PHARMACEUTICALS INC NOTE 2.000% 8/1 00767EAB8 3,003 5,910,000 PRN   SOLE   5,910,000 0 0
AES CORP COM 00130H105 989 51,267 SH   SOLE   51,267 0 0
AG MTG INVT TR INC COM 001228105 245 18,709 SH   SOLE   18,709 0 0
ALERE INC PERP PFD CONV SE 01449J204 4,797 12,800 SH   SOLE   12,800 0 0
ALLERGAN PLC SHS G0177J108 18,548 69,200 SH   SOLE   69,200 0 0
ALLY FINL INC COM 02005N100 19,669 1,050,711 SH   SOLE   1,050,711 0 0
ALTISOURCE PORTFOLIO SOLNS S REG SHS L0175J104 3,140 130,000 SH   SOLE   130,000 0 0
AMBAC FINL GROUP INC *W EXP 04/30/202 023139116 524 74,756 SH   SOLE   74,756 0 0
AMBAC FINL GROUP INC COM NEW 023139884 3,833 242,569 SH   SOLE   242,569 0 0
AMERICAN AIRLS GROUP INC CALL 02376R902 10,253 250,000 SH Call SOLE   250,000 0 0
AMERICAN CAP LTD COM 02503Y103 58,958 3,868,667 SH   SOLE   3,868,667 0 0
AMERICAN CAP MTG INVT CORP COM 02504A104 23,805 1,621,576 SH   SOLE   1,621,576 0 0
AMERICAN CAPITAL AGENCY CORP COM 02503X105 19,557 1,049,763 SH   SOLE   1,049,763 0 0
APOLLO RESIDENTIAL MTG INC COM 03763V102 8,040 599,074 SH   SOLE   599,074 0 0
BANK AMER CORP COM 060505104 7,996 591,400 SH   SOLE   591,400 0 0
BANK AMER CORP PUT 060505954 40,560 3,000,000 SH Put SOLE   3,000,000 0 0
BAXALTA INC COM 07177M103 20,200 500,000 SH   SOLE   500,000 0 0
CARRIAGE SVCS INC NOTE 2.750% 3/1 143905AM9 2,191 2,000,000 PRN   SOLE   2,000,000 0 0
CASTLE A M & CO NOTE 7.000%12/1 148411AF8 1,773 3,855,000 PRN   SOLE   3,855,000 0 0
CHARTER COMMUNICATIONS INC D PUT 16117M955 9,798 48,400 SH Put SOLE   48,400 0 0
CHARTER COMMUNICATIONS INC D CL A NEW 16117M305 906 4,476 SH   SOLE   4,476 0 0
CHENIERE ENERGY INC NOTE 4.250% 3/1 16411RAG4 3,852 7,390,000 PRN   SOLE   7,390,000 0 0
CIGNA CORPORATION COM 125509109 10,096 73,563 SH   SOLE   73,563 0 0
COBALT INTL ENERGY INC NOTE 2.625%12/0 19075FAA4 8,167 16,375,000 PRN   SOLE   16,375,000 0 0
COMPANHIA BRASILEIRA DE DIST SPN ADR PFD CL A 20440T201 3,362 241,680 SH   SOLE   241,680 0 0
CONOCOPHILLIPS PUT 20825C954 16,108 400,000 SH Put SOLE   400,000 0 0
CORENERGY INFRASTRUCTURE TR NOTE 7.000% 6/1 21870UAA4 22,681 29,125,000 PRN   SOLE   29,125,000 0 0
CORSICANTO LTD NOTE 3.500% 1/1 220480AB3 19,183 23,370,000 PRN   SOLE   23,370,000 0 0
COWEN GROUP INC NEW NOTE 3.000% 3/1 223622AB7 14,840 16,000,000 PRN   SOLE   16,000,000 0 0
CURRENCYSHARES EURO TR PUT 23130C958 100,062 900,000 SH Put SOLE   900,000 0 0
E M C CORP MASS COM 268648102 40,717 1,527,856 SH   SOLE   1,527,856 0 0
ENCORE CAP GROUP INC NOTE 3.000%11/2 292554AD4 30,430 30,776,000 PRN   SOLE   30,776,000 0 0
ENCORE CAP GROUP INC NOTE 3.000% 7/0 292554AF9 23,466 30,450,000 PRN   SOLE   30,450,000 0 0
ENCORE CAP GROUP INC NOTE 2.875% 3/1 292554AH5 8,411 12,212,000 PRN   SOLE   12,212,000 0 0
ENERNOC INC DBCV 2.250% 8/1 292764AB3 5,645 8,000,000 PRN   SOLE   8,000,000 0 0
FACEBOOK INC CALL 30303M902 22,820 200,000 SH Call SOLE   200,000 0 0
FIVE OAKS INVT CORP COM 33830W106 67 11,900 SH   SOLE   11,900 0 0
GOGO INC COM 38046C109 900 81,776 SH   SOLE   81,776 0 0
GOL LINHAS AEREAS INTLG S A SPON ADR PFD NEW 38045R206 4,114 546,290 SH   SOLE   546,290 0 0
GREEN PLAINS INC NOTE 3.250%10/0 393222AD6 7,935 8,000,000 PRN   SOLE   8,000,000 0 0
GSV CAP CORP NOTE 5.250% 9/1 36191JAB7 7,549 8,245,000 PRN   SOLE   8,245,000 0 0
HATTERAS FINL CORP COM 41902R103 9,826 687,098 SH   SOLE   687,098 0 0
HERBALIFE LTD NOTE 2.000% 8/1 42703MAB9 9,080 9,440,000 PRN   SOLE   9,440,000 0 0
HUMANA INC COM 444859102 32,109 175,507 SH   SOLE   175,507 0 0
IMPERIAL HLDGS INC NOTE 8.500% 2/1 452834AE4 5,493 6,300,000 PRN   SOLE   6,300,000 0 0
INTEGRA LIFESCIENCES HLDGS C NOTE 1.625%12/1 457985AK5 13,787 10,657,000 PRN   SOLE   10,657,000 0 0
INVESCO MORTGAGE CAPITAL INC COM 46131B100 9,594 787,644 SH   SOLE   787,644 0 0
ISHARES TR CALL 464287905 55,310 500,000 SH Call SOLE   500,000 0 0
ISHARES TR PUT 464287955 188,054 1,700,000 SH Put SOLE   1,700,000 0 0
ISIS PHARMACEUTICALS INC DEL NOTE 2.750%10/0 464337AG9 28,045 11,246,000 PRN   SOLE   11,246,000 0 0
JAZZ US HLDGS INC NOTE 8.000%12/3 47216EAA8 16,549 11,779,000 PRN   SOLE   11,779,000 0 0
JINKOSOLAR HLDG CO LTD DEBT 4.000% 2/0 G51385AA3 3,173 3,600,000 PRN   SOLE   3,600,000 0 0
LAYNE CHRISTENSEN CO NOTE 8.000% 5/0 521050AD6 7,623 7,700,000 PRN   SOLE   7,700,000 0 0
LIBERTY MEDIA CORP DEB 4.000%11/1 530715AG6 12,942 22,907,000 PRN   SOLE   22,907,000 0 0
MYLAN N V CALL N59465909 2,086 45,000 SH Call SOLE   45,000 0 0
NATIONSTAR MTG HLDGS INC COM 63861C109 5,387 544,146 SH   SOLE   544,146 0 0
NII HLDGS INC COM PAR $0.001 62913F508 8,854 1,601,157 SH   SOLE   1,601,157 0 0
NVIDIA CORP NOTE 1.000%12/0 67066GAC8 8,654 4,850,000 PRN   SOLE   4,850,000 0 0
OCWEN FINL CORP COM NEW 675746309 7,406 2,998,500 SH   SOLE   2,998,500 0 0
OFFICE DEPOT INC COM 676220106 6,461 910,054 SH   SOLE   910,054 0 0
PACIRA PHARMACEUTICALS INC NOTE 3.250% 2/0 695127AB6 26,949 12,194,000 PRN   SOLE   12,194,000 0 0
PAR PACIFIC HOLDINGS INC COM NEW 69888T207 147,191 7,846,023 SH   SOLE   7,846,023 0 0
PDL BIOPHARMA INC NOTE 4.000% 2/0 69329YAF1 17,819 19,730,000 PRN   SOLE   19,730,000 0 0
RETRACTABLE TECHNOLOGIES INC COM 76129W105 367 170,801 SH   SOLE   170,801 0 0
RITE AID CORP COM 767754104 10,308 1,264,756 SH   SOLE   1,264,756 0 0
RYANAIR HLDGS PLC SPONSORED ADR NE 783513203 13,391 156,033 SH   SOLE   156,033 0 0
SAFEGUARD SCIENTIFICS INC DBCV 5.250% 5/1 786449AK4 7,874 7,316,000 PRN   SOLE   7,316,000 0 0
SANDISK CORP NOTE 1.500% 8/1 80004CAD3 42,178 26,748,000 PRN   SOLE   26,748,000 0 0
SANOFI RIGHT 12/31/2020 80105N113 1,842 16,160,449 SH   SOLE   16,160,449 0 0
SCIENTIFIC GAMES CORP CL A 80874P109 363 38,460 SH   SOLE   38,460 0 0
SPDR S&P 500 ETF TR CALL 78462F903 791,406 3,850,000 SH Call SOLE   3,850,000 0 0
SPDR S&P 500 ETF TR PUT 78462F953 842,796 4,100,000 SH Put SOLE   4,100,000 0 0
STONEGATE MTG CORP COM 86181Q300 1,269 221,123 SH   SOLE   221,123 0 0
SUNPOWER CORP DBCV 0.750% 6/0 867652AG4 2,753 2,500,000 PRN   SOLE   2,500,000 0 0
TELEFLEX INC NOTE 3.875% 8/0 879369AA4 128,367 50,273,000 PRN   SOLE   50,273,000 0 0
TESLA MTRS INC NOTE 1.500% 6/0 88160RAA9 112,975 61,483,000 PRN   SOLE   61,483,000 0 0
TETRALOGIC PHARMACEUTICALS C NOTE 8.000% 6/1 88165UAB5 2,323 10,804,000 PRN   SOLE   10,804,000 0 0
THE ADT CORPORATION COM 00101J106 15,349 372,000 SH   SOLE   372,000 0 0
TIME WARNER CABLE INC COM 88732J207 17,754 86,765 SH   SOLE   86,765 0 0
TITAN MACHY INC NOTE 3.750% 5/0 88830RAB7 10,049 13,008,000 PRN   SOLE   13,008,000 0 0
TRINA SOLAR LIMITED NOTE 4.000%10/1 89628EAE4 4,478 5,000,000 PRN   SOLE   5,000,000 0 0
TWITTER INC NOTE 0.250% 9/1 90184LAB8 4,378 5,000,000 PRN   SOLE   5,000,000 0 0
TWO HBRS INVT CORP COM 90187B101 71,974 9,064,748 SH   SOLE   9,064,748 0 0
USA TECHNOLOGIES INC CONV PFD SER A 90328S203 291 16,997 SH   SOLE   16,997 0 0
VERISIGN INC SDCV 3.250% 8/1 92343EAD4 12,540 4,850,000 PRN   SOLE   4,850,000 0 0
WHITING PETE CORP NEW NOTE 5.000% 3/1 966387AR3 5,036 6,000,000 PRN   SOLE   6,000,000 0 0
XILINX INC NOTE 2.625% 6/1 983919AF8 17,210 10,470,000 PRN   SOLE   10,470,000 0 0
YAHOO INC COM 984332106 77,491 2,105,162 SH   SOLE   2,105,162 0 0