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
APPLE INC COM 037833100 2,482 22,500 SH   SOLE   22,500 0 0
ABBVIE INC COM 00287Y109 2,993 55,000 SH   SOLE   55,000 0 0
ALCENTRA CAP CORP COM 01374T102 1,449 125,000 SH   SOLE   125,000 0 0
AMBEV SA SPONSORED ADR 02319V103 76 15,500 SH   SOLE   15,500 0 0
AMERICAN CAP LTD COM 02503Y103 151 12,400 SH   SOLE   12,400 0 0
ACE LTD SHS H0023R105 259 2,500 SH   SOLE   2,500 0 0
ACCENTURE PLC IRELAND SHS CLASS A G1151C101 354 3,600 SH   SOLE   3,600 0 0
AVENUE INCOME CR STRATEGIES COM 05358E106 1,565 121,800 SH   SOLE   121,800 0 0
AMERICAN CAP SR FLOATING LTD COM 02504D108 2,662 240,000 SH   SOLE   240,000 0 0
ALLERGAN PLC SHS G0177J108 299 1,100 SH   SOLE   1,100 0 0
AUTOMATIC DATA PROCESSING IN COM 053015103 2,330 29,000 SH   SOLE   29,000 0 0
BLDRS INDEX FDS TR EUR 100 ADR 09348R409 204 10,000 SH   SOLE   10,000 0 0
ALLIANCE DATA SYSTEMS CORP COM 018581108 259 1,000 SH   SOLE   1,000 0 0
AEGON N V NY REGISTRY SH 007924103 922 160,426 SH   SOLE   160,426 0 0
AMERICAN ELEC PWR INC COM 025537101 1,922 33,800 SH   SOLE   33,800 0 0
AETNA INC NEW COM 00817Y108 295 2,700 SH   SOLE   2,700 0 0
ATLAS FINANCIAL HOLDINGS INC SHS NEW G06207115 241 13,000 SH   SOLE   13,000 0 0
AMERICAN CAPITAL AGENCY CORP COM 02503X105 5,797 310,000 SH   SOLE   310,000 0 0
AGRIUM INC COM 008916108 2,283 25,500 SH   SOLE   25,500 0 0
ASPEN INSURANCE HOLDINGS LTD SHS G05384105 311 6,700 SH   SOLE   6,700 0 0
APOLLO TACTICAL INCOME FD IN COM 037638103 289 20,000 SH   SOLE   20,000 0 0
GALLAGHER ARTHUR J & CO COM 363576109 1,569 38,000 SH   SOLE   38,000 0 0
ALKERMES PLC SHS G01767105 235 4,000 SH   SOLE   4,000 0 0
ALLEGION PUB LTD CO ORD SHS G0176J109 294 5,100 SH   SOLE   5,100 0 0
ALLISON TRANSMISSION HLDGS I COM 01973R101 240 9,000 SH   SOLE   9,000 0 0
AUTOLIV INC COM 052800109 273 2,500 SH   SOLE   2,500 0 0
AFFILIATED MANAGERS GROUP COM 008252108 222 1,300 SH   SOLE   1,300 0 0
APOLLO RESIDENTIAL MTG INC COM 03763V102 975 77,000 SH   SOLE   77,000 0 0
AMAZON COM INC COM 023135106 256 500 SH   SOLE   500 0 0
ANSYS INC COM 03662Q105 264 3,000 SH   SOLE   3,000 0 0
AON PLC SHS CL A G0408V102 301 3,400 SH   SOLE   3,400 0 0
ARES CAP CORP COM 04010L103 4,822 333,000 SH   SOLE   333,000 0 0
ARES DYNAMIC CR ALLOCATION F COM 04014F102 3,731 267,052 SH   SOLE   267,052 0 0
APOLLO COML REAL EST FIN INC COM 03762U105 4,666 297,000 SH   SOLE   297,000 0 0
AVIVA PLC ADR 05382A104 1,537 112,000 SH   SOLE   112,000 0 0
ALLIANCEBERNSTEIN GBL HGH IN COM 01879R106 3,260 294,500 SH   SOLE   294,500 0 0
ALLIED WRLD ASSUR COM HLDG A SHS H01531104 229 6,000 SH   SOLE   6,000 0 0
AXIS CAPITAL HOLDINGS LTD SHS G0692U109 269 5,000 SH   SOLE   5,000 0 0
AIRCASTLE LTD COM G0129K104 487 23,500 SH   SOLE   23,500 0 0
ASTRAZENECA PLC SPONSORED ADR 046353108 1,477 46,400 SH   SOLE   46,400 0 0
AUTOZONE INC COM 053332102 304 420 SH   SOLE   420 0 0
BOEING CO COM 097023105 1,702 13,000 SH   SOLE   13,000 0 0
BROOKFIELD ASSET MGMT INC CL A LTD VT SH 112585104 283 9,000 SH   SOLE   9,000 0 0
BLACKROCK TAX MUNICPAL BD TR SHS 09248X100 505 25,000 SH   SOLE   25,000 0 0
BB&T CORP COM 054937107 206 5,800 SH   SOLE   5,800 0 0
BCE INC COM NEW 05534B760 1,516 37,000 SH   SOLE   37,000 0 0
BLUE CAP REINS HLDGS LTD COM G1190F107 176 10,200 SH   SOLE   10,200 0 0
BGC PARTNERS INC CL A 05541T101 2,072 252,000 SH   SOLE   252,000 0 0
BLACKROCK FLOATING RATE INCO COM 091941104 1,494 120,071 SH   SOLE   120,071 0 0
BHP BILLITON LTD SPONSORED ADR 088606108 2,751 87,000 SH   SOLE   87,000 0 0
BLACKROCK MULTI-SECTOR INC T COM 09258A107 2,027 129,000 SH   SOLE   129,000 0 0
BLACKROCK CAPITAL INVESTMENT COM 092533108 6,202 700,000 SH   SOLE   700,000 0 0
POWERSHARES ETF TRUST II SENIOR LN PORT 73936Q769 276 12,000 SH   SOLE   12,000 0 0
BLACKROCK INC COM 09247X101 208 700 SH   SOLE   700 0 0
BLACKROCK LTD DURATION INC T COM SHS 09249W101 3,469 240,200 SH   SOLE   240,200 0 0
BENEFITFOCUS INC COM 08180D106 219 7,000 SH   SOLE   7,000 0 0
BOFI HLDG INC COM 05566U108 245 1,900 SH   SOLE   1,900 0 0
BLUEROCK RESIDENT GR REIT IN COM CL A 09627J102 1,687 140,804 SH   SOLE   140,804 0 0
BRUKER CORP COM 116794108 263 16,000 SH   SOLE   16,000 0 0
CLAYMORE EXCHANGE TRD FD TR GUG BLT2017 HY 18383M399 274 10,800 SH   SOLE   10,800 0 0
CLAYMORE EXCHANGE TRD FD TR GUG BLT2018 HY 18383M381 266 10,800 SH   SOLE   10,800 0 0
CLAYMORE EXCHANGE TRD FD TR GUG BUL 2019 HY 18383M733 266 11,300 SH   SOLE   11,300 0 0
CLAYMORE EXCHANGE TRD FD TR GUG BUL 2020 HY 18383M365 247 10,500 SH   SOLE   10,500 0 0
BLACKROCK CR ALLCTN INC TR COM 092508100 2,069 170,000 SH   SOLE   170,000 0 0
BLACKSTONE MTG TR INC COM CL A 09257W100 3,842 140,000 SH   SOLE   140,000 0 0
CACI INTL INC CL A 127190304 229 3,100 SH   SOLE   3,100 0 0
CARDTRONICS INC COM 14161H108 213 6,500 SH   SOLE   6,500 0 0
SPDR SERIES TRUST BRC ISSUER SCORD 78464A144 353 11,200 SH   SOLE   11,200 0 0
CROWN CASTLE INTL CORP COM 22822V101 2,114 26,800 SH   SOLE   26,800 0 0
CDK GLOBAL INC COM 12508E101 263 5,500 SH   SOLE   5,500 0 0
CADENCE DESIGN SYSTEM INC COM 127387108 296 14,300 SH   SOLE   14,300 0 0
CDW CORP COM 12514G108 327 8,000 SH   SOLE   8,000 0 0
CELGENE CORP COM 151020104 227 2,100 SH   SOLE   2,100 0 0
CHEMED CORP NEW COM 16359R103 320 2,400 SH   SOLE   2,400 0 0
CHINA MOBILE LIMITED SPONSORED ADR 16941M109 2,380 40,000 SH   SOLE   40,000 0 0
CHERRY HILL MTG INVT CORP COM 164651101 1,835 120,500 SH   SOLE   120,500 0 0
CH ROBINSON WORLDWIDE INC COM NEW 12541W209 271 4,000 SH   SOLE   4,000 0 0
CHUNGHWA TELECOM CO LTD SPON ADR NEW11 17133Q502 257 8,500 SH   SOLE   8,500 0 0
CIGNA CORPORATION COM 125509109 1,350 10,000 SH   SOLE   10,000 0 0
MFS INTERMEDIATE HIGH INC FD SH BEN INT 59318T109 227 100,000 SH   SOLE   100,000 0 0
CHIMERA INVT CORP COM 16934Q109 6,177 462,000 SH   SOLE   462,000 0 0
CITY OFFICE REIT INC COM 178587101 1,411 124,266 SH   SOLE   124,266 0 0
COLGATE PALMOLIVE CO COM 194162103 2,012 31,700 SH   SOLE   31,700 0 0
CALAMOS ASSET MGMT INC CL A 12811R104 100 10,500 SH   SOLE   10,500 0 0
CME GROUP INC COM 12572Q105 1,855 20,000 SH   SOLE   20,000 0 0
CM FIN INC COM 12574Q103 1,024 100,000 SH   SOLE   100,000 0 0
COMPASS MINERALS INTL INC COM 20451N101 251 3,200 SH   SOLE   3,200 0 0
CMS ENERGY CORP COM 125896100 3,232 91,500 SH   SOLE   91,500 0 0
CENTENE CORP DEL COM 15135B101 271 5,000 SH   SOLE   5,000 0 0
CNH INDL N V SHS N20944109 70 10,718 SH   SOLE   10,718 0 0
CANADIAN NATL RY CO COM 136375102 216 3,800 SH   SOLE   3,800 0 0
COMPASS DIVERSIFIED HOLDINGS SHS BEN INT 20451Q104 6,287 390,000 SH   SOLE   390,000 0 0
ROCKWELL COLLINS INC COM 774341101 278 3,400 SH   SOLE   3,400 0 0
PIMCO ETF TR INV GRD CRP BD 20825C104 351 3,500 SH   SOLE   3,500 0 0
COSTCO WHSL CORP NEW COM 22160K105 333 2,300 SH   SOLE   2,300 0 0
CANADIAN PAC RY LTD COM 13645T100 215 1,500 SH   SOLE   1,500 0 0
COPART INC COM 217204106 230 7,000 SH   SOLE   7,000 0 0
CAPITALA FIN CORP COM 14054R106 4,993 385,000 SH   SOLE   385,000 0 0
CRITEO S A SPONS ADS 226718104 263 7,000 SH   SOLE   7,000 0 0
CISCO SYS INC COM 17275R102 2,370 90,300 SH   SOLE   90,300 0 0
OUTERWALL INC COM 690070107 228 4,000 SH   SOLE   4,000 0 0
COVANTA HLDG CORP COM 22282E102 2,269 130,000 SH   SOLE   130,000 0 0
CHEVRON CORP NEW COM 166764100 201 2,550 SH   SOLE   2,550 0 0
CALIFORNIA WTR SVC GROUP COM 130788102 111 5,000 SH   SOLE   5,000 0 0
CORRECTIONS CORP AMER NEW COM NEW 22025Y407 148 5,000 SH   SOLE   5,000 0 0
CYS INVTS INC COM 12673A108 1,597 220,000 SH   SOLE   220,000 0 0
DOMINION RES INC VA NEW COM 25746U109 2,674 38,000 SH   SOLE   38,000 0 0
DBX EFT TR EX US HDG EQTY 233051820 339 15,000 SH   SOLE   15,000 0 0
DU PONT E I DE NEMOURS & CO COM 263534109 3,307 68,600 SH   SOLE   68,600 0 0
DOMINION DIAMOND CORP COM 257287102 258 24,200 SH   SOLE   24,200 0 0
DEERE & CO COM 244199105 2,176 29,400 SH   SOLE   29,400 0 0
WISDOMTREE TRUST EUROPE SMCP DV 97717W869 226 4,200 SH   SOLE   4,200 0 0
DANAHER CORP DEL COM 235851102 264 3,100 SH   SOLE   3,100 0 0
DISCOVERY COMMUNICATNS NEW COM SER A 25470F302 243 10,000 SH   SOLE   10,000 0 0
DELPHI AUTOMOTIVE PLC SHS G27823106 228 3,000 SH   SOLE   3,000 0 0
DIGITAL RLTY TR INC COM 253868103 2,202 33,700 SH   SOLE   33,700 0 0
WISDOMTREE TR INTL SMCAP DIV 97717W760 248 4,500 SH   SOLE   4,500 0 0
WESTERN ASSET MTG DEF OPPTY COM 95790B109 421 16,900 SH   SOLE   16,900 0 0
DUNKIN BRANDS GROUP INC COM 265504100 274 5,600 SH   SOLE   5,600 0 0
WISDOMTREE TR INTL DIV EX FINL 97717W786 200 5,250 SH   SOLE   5,250 0 0
DOW CHEM CO COM 260543103 4,558 107,500 SH   SOLE   107,500 0 0
AMDOCS LTD ORD G02602103 284 5,000 SH   SOLE   5,000 0 0
DIPLOMAT PHARMACY INC COM 25456K101 201 7,000 SH   SOLE   7,000 0 0
DIVERSIFIED REAL ASSET INC F COM SHS 25533B108 3,329 207,012 SH   SOLE   207,012 0 0
BLACKROCK DEBT STRAT FD INC COM 09255R103 2,112 632,100 SH   SOLE   632,100 0 0
DSW INC CL A 23334L102 202 8,000 SH   SOLE   8,000 0 0
DTE ENERGY CO COM 233331107 2,050 25,500 SH   SOLE   25,500 0 0
DUKE ENERGY CORP NEW COM NEW 26441C204 2,647 36,800 SH   SOLE   36,800 0 0
DREW INDS INC COM NEW 26168L205 257 4,700 SH   SOLE   4,700 0 0
WISDOMTREE TR INTL EQUITY FD 97717W703 204 4,500 SH   SOLE   4,500 0 0
ELECTRONIC ARTS INC COM 285512109 305 4,500 SH   SOLE   4,500 0 0
WELLS FARGO ADVANTAGE INCOME COM SHS 94987B105 2,952 390,000 SH   SOLE   390,000 0 0
US ECOLOGY INC COM 91732J102 284 6,500 SH   SOLE   6,500 0 0
ISHARES EM MK MINVOL ETF 464286533 234 4,700 SH   SOLE   4,700 0 0
ELLINGTON FINANCIAL LLC COM 288522303 6,794 380,000 SH   SOLE   380,000 0 0
EATON VANCE FLTG RATE INCOM COM SHS BEN INT 278284104 977 66,500 SH   SOLE   66,500 0 0
ISHARES EAFE GRWTH ETF 464288885 223 3,500 SH   SOLE   3,500 0 0
EATON VANCE SR FLTNG RTE TR COM 27828Q105 502 38,000 SH   SOLE   38,000 0 0
EATON VANCE FLTING RATE INC COM 278279104 4,226 319,200 SH   SOLE   319,200 0 0
8 X 8 INC COM 282914100 124 15,000 SH   SOLE   15,000 0 0
WESTERN ASSET GLB HI INCOME COM 95766B109 987 110,000 SH   SOLE   110,000 0 0
ISHARES MSCI ISR CAP ETF 464286632 245 5,100 SH   SOLE   5,100 0 0
ELLIE MAE INC COM 28849P100 353 5,300 SH   SOLE   5,300 0 0
EASTMAN CHEM CO COM 277432100 227 3,500 SH   SOLE   3,500 0 0
WELLS FARGO ADVANTAGE MULTI COM SHS 94987D101 942 83,000 SH   SOLE   83,000 0 0
ERICSSON ADR B SEK 10 294821608 98 10,000 SH   SOLE   10,000 0 0
ESSENT GROUP LTD COM G3198U102 214 8,600 SH   SOLE   8,600 0 0
EXPRESS SCRIPTS HLDG CO COM 30219G108 291 3,600 SH   SOLE   3,600 0 0
EATON VANCE SR INCOME TR SH BEN INT 27826S103 2,935 500,000 SH   SOLE   500,000 0 0
EVERCORE PARTNERS INC CLASS A 29977A105 251 5,000 SH   SOLE   5,000 0 0
EATON VANCE LTD DUR INCOME F COM 27828H105 5,605 442,000 SH   SOLE   442,000 0 0
EXACT SCIENCES CORP COM 30063P105 221 12,300 SH   SOLE   12,300 0 0
EXELON CORP COM 30161N101 1,957 65,900 SH   SOLE   65,900 0 0
EAGLE MATERIALS INC COM 26969P108 260 3,800 SH   SOLE   3,800 0 0
FORD MTR CO DEL COM PAR $0.01 345370860 2,171 160,000 SH   SOLE   160,000 0 0
FIRST TR ABERDEEN GLBL OPP F COM SHS 337319107 445 46,000 SH   SOLE   46,000 0 0
FACEBOOK INC CL A 30303M102 297 3,300 SH   SOLE   3,300 0 0
FORTUNE BRANDS HOME & SEC IN COM 34964C106 309 6,500 SH   SOLE   6,500 0 0
FIBRIA CELULOSE S A SP ADR REP COM 31573A109 332 24,500 SH   SOLE   24,500 0 0
FIRST TR SR FLG RTE INCM FD COM 33733U108 3,044 242,000 SH   SOLE   242,000 0 0
FRESH DEL MONTE PRODUCE INC ORD G36738105 316 8,000 SH   SOLE   8,000 0 0
FACTSET RESH SYS INC COM 303075105 320 2,000 SH   SOLE   2,000 0 0
FIDUS INVT CORP COM 316500107 5,994 435,000 SH   SOLE   435,000 0 0
FIRST TR EXCH TRD ALPHA FD I EUROPE ALPHA 33737J117 254 9,000 SH   SOLE   9,000 0 0
SPDR INDEX SHS FDS EURO STOXX 50 78463X202 208 6,150 SH   SOLE   6,150 0 0
FIDELITY NATL INFORMATION SV COM 31620M106 268 4,000 SH   SOLE   4,000 0 0
FLAHERTY & CRUMRINE TOTAL RE COM 338479108 763 41,000 SH   SOLE   41,000 0 0
FLEETMATICS GROUP PLC COM G35569105 329 6,700 SH   SOLE   6,700 0 0
FLY LEASING LTD SPONSORED ADR 34407D109 3,501 265,200 SH   SOLE   265,200 0 0
FRESENIUS MED CARE AG&CO KGA SPONSORED ADR 358029106 265 6,800 SH   SOLE   6,800 0 0
FOMENTO ECONOMICO MEXICANO S SPON ADR UNITS 344419106 241 2,700 SH   SOLE   2,700 0 0
BLACKROCK FLOAT RATE OME STR COM 09255X100 1,617 125,000 SH   SOLE   125,000 0 0
FIRST TR HIGH INCOME L/S FD COM 33738E109 1,055 74,900 SH   SOLE   74,900 0 0
FS INVT CORP COM 302635107 6,082 652,500 SH   SOLE   652,500 0 0
FIRST TR EXCH TRD ALPHA FD I SWITZLND ALPHA 33737J232 261 7,000 SH   SOLE   7,000 0 0
FORTINET INC COM 34959E109 327 7,700 SH   SOLE   7,700 0 0
GENPACT LIMITED SHS G3922B107 283 12,000 SH   SOLE   12,000 0 0
GARRISON CAP INC COM 366554103 4,107 300,000 SH   SOLE   300,000 0 0
GOLUB CAP BDC INC COM 38173M102 6,232 390,000 SH   SOLE   390,000 0 0
GENERAL DYNAMICS CORP COM 369550108 207 1,500 SH   SOLE   1,500 0 0
WESTERN ASSET GLB PTNRS INCO COM 95766G108 1,117 140,000 SH   SOLE   140,000 0 0
WESTERN ASSET GLOBAL CP DEFI COM 95790C107 2,026 128,000 SH   SOLE   128,000 0 0
GENERAL ELECTRIC CO COM 369604103 6,707 266,000 SH   SOLE   266,000 0 0
GRUPO FINANCIERO GALICIA S A SP ADR 10 SH B 399909100 267 15,000 SH   SOLE   15,000 0 0
GENERAL MLS INC COM 370334104 253 4,500 SH   SOLE   4,500 0 0
GARMIN LTD SHS H2906T109 237 6,600 SH   SOLE   6,600 0 0
GLAXOSMITHKLINE PLC SPONSORED ADR 37733W105 3,653 95,000 SH   SOLE   95,000 0 0
HSBC HLDGS PLC SPON ADR NEW 404280406 1,261 33,300 SH   SOLE   33,300 0 0
HARVEST CAP CR CORP COM 41753F109 1,548 130,000 SH   SOLE   130,000 0 0
HFF INC CL A 40418F108 280 8,300 SH   SOLE   8,300 0 0
BROOKFIELD HIGH INCOME FD IN COM 11272P102 1,494 205,000 SH   SOLE   205,000 0 0
WESTERN ASSET HIGH INCM OPP COM 95766K109 2,861 610,000 SH   SOLE   610,000 0 0
WESTERN ASSET HIGH INCM FD I COM 95766J102 1,682 260,000 SH   SOLE   260,000 0 0
HONEYWELL INTL INC COM 438516106 246 2,600 SH   SOLE   2,600 0 0
HARRIS CORP DEL COM 413875105 263 3,600 SH   SOLE   3,600 0 0
HSN INC COM 404303109 240 4,200 SH   SOLE   4,200 0 0
HERCULES TECH GROWTH CAP INC COM 427096508 7,532 745,000 SH   SOLE   745,000 0 0
HEADWATERS INC COM 42210P102 310 16,500 SH   SOLE   16,500 0 0
HEXCEL CORP NEW COM 428291108 265 5,900 SH   SOLE   5,900 0 0
NEW AMER HIGH INCOME FD INC COM NEW 641876800 2,829 355,000 SH   SOLE   355,000 0 0
MANAGED HIGH YIELD PLUS FD I COM 561911108 1,376 860,000 SH   SOLE   860,000 0 0
ISHARES IBOXX HI YD ETF 464288513 267 3,200 SH   SOLE   3,200 0 0
WESTERN ASSET HGH YLD DFNDFD COM 95768B107 3,010 215,000 SH   SOLE   215,000 0 0
PIMCO ETF TR 0-5 HIGH YIELD 72201R783 331 3,500 SH   SOLE   3,500 0 0
BLACKROCK CORPOR HI YLD FD I COM 09255P107 2,418 245,000 SH   SOLE   245,000 0 0
INTERNATIONAL BUSINESS MACHS COM 459200101 1,957 13,500 SH   SOLE   13,500 0 0
ICON PLC SHS G4705A100 369 5,200 SH   SOLE   5,200 0 0
ISHARES INC CORE MSCI EMKT 46434G103 219 5,500 SH   SOLE   5,500 0 0
IDEX CORP COM 45167R104 235 3,300 SH   SOLE   3,300 0 0
ILLUMINA INC COM 452327109 229 1,300 SH   SOLE   1,300 0 0
ISHARES TR MSCI INDIA ETF 46429B598 240 8,400 SH   SOLE   8,400 0 0
INFOSYS LTD SPONSORED ADR 456788108 267 14,000 SH   SOLE   14,000 0 0
ING GROEP N V SPONSORED ADR 456837103 184 13,000 SH   SOLE   13,000 0 0
SUMMIT HOTEL PPTYS COM 866082100 134 11,500 SH   SOLE   11,500 0 0
INTEL CORP COM 458140100 2,664 88,400 SH   SOLE   88,400 0 0
INTUIT COM 461202103 266 3,000 SH   SOLE   3,000 0 0
INTL PAPER CO COM 460146103 1,927 51,000 SH   SOLE   51,000 0 0
IPG PHOTONICS CORP COM 44980X109 213 2,800 SH   SOLE   2,800 0 0
INDEPENDENCE RLTY TR INC COM 45378A106 2,650 367,500 SH   SOLE   367,500 0 0
PRUDENTIAL SHT DURATION HG Y COM 74442F107 396 27,000 SH   SOLE   27,000 0 0
INTERSIL CORP CL A 46069S109 1,170 100,000 SH   SOLE   100,000 0 0
GARTNER INC COM 366651107 252 3,000 SH   SOLE   3,000 0 0
IVY HIGH INC OPPORTUNITIES F COM 465893105 1,556 120,000 SH   SOLE   120,000 0 0
INVESCO MORTGAGE CAPITAL INC COM 46131B100 5,263 430,000 SH   SOLE   430,000 0 0
ISHARES TR CORE S&P500 ETF 464287200 6,084 32,000 SH   SOLE   32,000 0 0
JOHNSON CTLS INC COM 478366107 2,014 48,700 SH   SOLE   48,700 0 0
J2 GLOBAL INC COM 48123V102 361 5,100 SH   SOLE   5,100 0 0
NUVEEN FLOATING RATE INCOME COM 67072T108 503 50,000 SH   SOLE   50,000 0 0
NUVEEN GLOBAL HIGH INCOME FD COM 67075G103 2,134 148,000 SH   SOLE   148,000 0 0
JOHNSON & JOHNSON COM 478160104 1,027 11,000 SH   SOLE   11,000 0 0
SPDR SERIES TRUST BRC HGH YLD BD 78464A417 267 7,500 SH   SOLE   7,500 0 0
NUVEEN PFD & INCOME TERM FD COM 67075A106 1,315 60,000 SH   SOLE   60,000 0 0
JPMORGAN CHASE & CO COM 46625H100 1,981 32,500 SH   SOLE   32,500 0 0
NUVEEN FLEXIBLE INVT INCOME COM 67075B104 621 41,800 SH   SOLE   41,800 0 0
NUVEEN CR STRATEGIES INCM FD COM SHS 67073D102 2,187 274,000 SH   SOLE   274,000 0 0
NUVEEN FLTNG RTE INCM OPP FD COM SHS 6706EN100 4,000 402,000 SH   SOLE   402,000 0 0
NUVEEN SHT DUR CR OPP FD COM 67074X107 1,407 92,500 SH   SOLE   92,500 0 0
NUVEEN QUALITY PFD INCOME FD COM 67071S101 1,578 200,000 SH   SOLE   200,000 0 0
KRAFT HEINZ CO COM 500754106 205 2,900 SH   SOLE   2,900 0 0
DEUTSCHE HIGH INCOME TR SHS 25155R100 1,411 180,000 SH   SOLE   180,000 0 0
KKR INCOME OPPORTUNITIES FD COM 48249T106 1,092 75,000 SH   SOLE   75,000 0 0
KLX INC COM 482539103 232 6,500 SH   SOLE   6,500 0 0
KIMBERLY CLARK CORP COM 494368103 2,235 20,500 SH   SOLE   20,500 0 0
KINDER MORGAN INC DEL COM 49456B101 6,228 225,000 SH   SOLE   225,000 0 0
DEUTSCHE MULTI-MKT INCOME TR SHS 25160E102 2,416 326,889 SH   SOLE   326,889 0 0
CARMAX INC COM 143130102 261 4,400 SH   SOLE   4,400 0 0
COCA COLA CO COM 191216100 2,162 53,900 SH   SOLE   53,900 0 0
MICHAEL KORS HLDGS LTD SHS G60754101 283 6,700 SH   SOLE   6,700 0 0
DEUTSCHE STRATEGIC INCOME TR COM 25160F109 797 77,513 SH   SOLE   77,513 0 0
LAZARD LTD SHS A 25160F109 866 20,000 SH   SOLE   20,000 0 0
LIBERTY BROADBAND CORP COM SER A 530307107 273 5,300 SH   SOLE   5,300 0 0
LIBERTY BROADBAND CORP COM SER C 530307305 271 5,300 SH   SOLE   5,300 0 0
LIBERTY GLOBAL PLC SHS CL A G5480U104 215 5,000 SH   SOLE   5,000 0 0
LIBERTY GLOBAL PLC SHS CL C G5480U120 304 7,400 SH   SOLE   7,400 0 0
LANNET INC COM 516012101 224 5,400 SH   SOLE   5,400 0 0
LEAR CORP COM NEW 521865204 326 3,000 SH   SOLE   3,000 0 0
LITTELFUSE INC COM 537008104 246 2,700 SH   SOLE   2,700 0 0
LIBERTY INTERACTIVE CORP QVC GPCOMSERA 53071M104 210 8,000 SH   SOLE   8,000 0 0
LKQ CORP COM 501889208 372 13,100 SH   SOLE   13,100 0 0
LIBERTY MEDIA CORP DELAWARE CL A 531229102 257 7,200 SH   SOLE   7,200 0 0
LOWES COS INC COM 548661107 248 3,600 SH   SOLE   3,600 0 0
ISHARES TR IBOXX INV CP ETF 464287242 325 2,800 SH   SOLE   2,800 0 0
LANDSTAR SYS INC COM 515098101 273 4,300 SH   SOLE   4,300 0 0
LIBERTY TRIPADVISOR HLDGS IN CL A 531465102 222 10,000 SH   SOLE   10,000 0 0
LEUCADIA NATL CORP COM 527288104 253 12,500 SH   SOLE   12,500 0 0
LLOYDS BANKING GROUP PLC SPONSORED ADR 539439109 92 20,000 SH   SOLE   20,000 0 0
MAIN STREET CAPITAL CORP COM 56035L104 5,465 205,000 SH   SOLE   205,000 0 0
MATTEL INC COM 577081102 1,805 85,700 SH   SOLE   85,700 0 0
MATTHEWS INTL CORP CL A 577128101 294 6,000 SH   SOLE   6,000 0 0
MCDONALDS CORP COM 580135101 246 2,500 SH   SOLE   2,500 0 0
MOODYS CORP COM 615369105 246 2,500 SH   SOLE   2,500 0 0
MDC PARTNERS INC CLA SUB VTG 552697104 227 12,300 SH   SOLE   12,300 0 0
MONDELEZ INTL INC CL A 609207105 209 5,000 SH   SOLE   5,000 0 0
MEDIDATA SOLUTIONS INC COM 58471A105 223 5,300 SH   SOLE   5,300 0 0
MENTOR GRAPHICS CORP COM 587200106 256 10,400 SH   SOLE   10,400 0 0
METLIFE INC COM 59156R108 1,179 25,000 SH   SOLE   25,000 0 0
MARINE HARVEST ASA SPONSORED ADR 56824R205 158 12,500 SH   SOLE   12,500 0 0
MAIDEN HOLDINGS LTD SHS G5753U112 3,023 217,800 SH   SOLE   217,800 0 0
MIDDLEBY CORP COM 596278101 347 3,300 SH   SOLE   3,300 0 0
ADVISORSHARES TR NEWFLT MULSINC 00768Y727 1,322 27,000 SH   SOLE   27,000 0 0
AG MTG INVT TR INC COM 001228105 5,631 370,000 SH   SOLE   370,000 0 0
MARKEL CORP COM 570535104 321 400 SH   SOLE   400 0 0
MUELLER INDS INC COM 624756102 272 9,200 SH   SOLE   9,200 0 0
MERIT MED SYS INC COM 589889104 347 14,500 SH   SOLE   14,500 0 0
MANNING & NAPIER INC CL A 56382Q102 294 40,000 SH   SOLE   40,000 0 0
ALTRIA GROUP INC COM 02209S103 2,203 40,500 SH   SOLE   40,500 0 0
MOSAIC CO NEW COM 61945C103 1,742 56,000 SH   SOLE   56,000 0 0
MARATHON PETE CORP COM 56585A102 213 4,600 SH   SOLE   4,600 0 0
MONROE CAP CORP COM 610335101 1,154 83,000 SH   SOLE   83,000 0 0
MERCK & CO INC COM 589331107 2,148 43,500 SH   SOLE   43,500 0 0
MORGAN STANLEY EMER MKTS DEB COM 61744H105 183 22,000 SH   SOLE   22,000 0 0
MICROSOFT CORP COM 594918104 2,355 53,200 SH   SOLE   53,200 0 0
MSC INDL DIRECT INC CL A 553530106 244 4,000 SH   SOLE   4,000 0 0
M & T BK CORP COM 55261F104 244 2,000 SH   SOLE   2,000 0 0
MITSUBISHI UFJ FINL GROUP IN SPONSORED ADR 606822104 134 22,000 SH   SOLE   22,000 0 0
MAXIM INTEGRATED PRODS INC COM 57772K101 2,990 89,500 SH   SOLE   89,500 0 0
NORDSON CORP COM 655663102 220 3,500 SH   SOLE   3,500 0 0
NEXTERA ENERGY INC COM 65339F101 2,107 21,600 SH   SOLE   21,600 0 0
NEWMARKET CORP COM 651587107 214 600 SH   SOLE   600 0 0
NEW MEDIA INVT GROUP INC COM 64704V106 1,933 125,000 SH   SOLE   125,000 0 0
NEUBERGER BERMAN HGH YLD FD COM 64128C106 2,109 207,000 SH   SOLE   207,000 0 0
NIKE INC CL B 654106103 406 3,300 SH   SOLE   3,300 0 0
ANNALY CAP MGMT INC COM 035710409 12,338 1,250,000 SH   SOLE   1,250,000 0 0
NEW MTN FIN CORP COM 647551100 4,824 355,000 SH   SOLE   355,000 0 0
NOAH HLDGS LTD SPONSORED ADS 65487X102 223 9,500 SH   SOLE   9,500 0 0
NEW RESIDENTIAL INVT CORP COM 64828T102 16,506 1,260,000 SH   SOLE   1,260,000 0 0
NUVEEN SR INCOME FD COM 67067Y104 2,867 485,000 SH   SOLE   485,000 0 0
NATIONSTAR MTG HLDGS INC COM 63861C109 222 16,000 SH   SOLE   16,000 0 0
NETEASE INC SPONSORED ADR 64110W102 204 1,700 SH   SOLE   1,700 0 0
NORTHERN TR CORP COM 665859104 273 4,000 SH   SOLE   4,000 0 0
NOVO-NORDISK A S ADR 670100205 271 5,000 SH   SOLE   5,000 0 0
QUANEX BUILDING PRODUCTS COR COM 747619104 254 14,000 SH   SOLE   14,000 0 0
NXP SEMICONDUCTORS N V COM N6596X109 287 3,300 SH   SOLE   3,300 0 0
ONE LIBERTY PPTYS INC COM 682406103 928 43,517 SH   SOLE   43,517 0 0
ORMAT TECHNOLOGIES INC COM 686688102 214 6,300 SH   SOLE   6,300 0 0
ORACLE CORP COM 68389X105 224 6,200 SH   SOLE   6,200 0 0
OLD REP INTL CORP COM 680223104 1,251 80,000 SH   SOLE   80,000 0 0
O REILLY AUTOMOTIVE INC NEW COM 67103H107 375 1,500 SH   SOLE   1,500 0 0
OMNIVISION TECHNOLOGIES INC COM 682128103 263 10,000 SH   SOLE   10,000 0 0
OCCIDENTAL PETE CORP DEL COM 674599105 1,985 30,000 SH   SOLE   30,000 0 0
WESTERN ASSET INCOME FD COM 95766T100 218 16,500 SH   SOLE   16,500 0 0
PALO ALTO NETWORKS INC COM 697435105 275 1,600 SH   SOLE   1,600 0 0
PRESTIGE BRANDS HLDGS INC COM 74112D101 307 6,800 SH   SOLE   6,800 0 0
PFIZER INC COM 717081103 3,326 105,900 SH   SOLE   105,900 0 0
PENNANTPARK FLOATING RATE CA COM 70806A106 1,851 155,000 SH   SOLE   155,000 0 0
PROOFPOINT INC COM 743424103 211 3,500 SH   SOLE   3,500 0 0
PROCTER & GAMBLE CO COM 742718109 2,122 29,500 SH   SOLE   29,500 0 0
PGT INC COM 69336V101 350 28,500 SH   SOLE   28,500 0 0
POWERSHARES GLOBAL ETF TRUST FDM HG YLD RAFI 73936T557 272 15,300 SH   SOLE   15,300 0 0
PIONEER FLOATING RATE TR COM 72369J102 2,284 201,792 SH   SOLE   201,792 0 0
POWERSHARES ETF TRUST INTL DIV ACHV 73935X716 187 12,950 SH   SOLE   12,950 0 0
POWERSHARES ETF TRUST II DWA EMKT MOM PTF 73936Q207 203 13,200 SH   SOLE   13,200 0 0
PUTNAM MASTER INTER INCOME T SH BEN INT 746909100 47 10,500 SH   SOLE   10,500 0 0
PHILIP MORRIS INTL INC COM 718172109 2,126 26,800 SH   SOLE   26,800 0 0
PENNYMAC MTG INVT TR COM 70931T103 4,742 306,500 SH   SOLE   306,500 0 0
PTC INC COM 69370C100 206 6,500 SH   SOLE   6,500 0 0
PANERA BREAD CO CL A 69840W108 309 1,600 SH   SOLE   1,600 0 0
POTASH CORP SASK INC COM 73755L107 1,967 95,700 SH   SOLE   95,700 0 0
PPG INDS INC COM 693506107 228 2,600 SH   SOLE   2,600 0 0
PPL CORP COM 69351T106 2,664 81,000 SH   SOLE   81,000 0 0
VOYA PRIME RATE TR SH BEN INT 92913A100 202 40,000 SH   SOLE   40,000 0 0
PRAXAIR INC COM 74005P104 204 2,000 SH   SOLE   2,000 0 0
QUALCOMM INC COM 747525103 2,579 48,000 SH   SOLE   48,000 0 0
REYNOLDS AMERICAN INC COM 761713106 2,253 50,900 SH   SOLE   50,900 0 0
REGENERON PHARMACEUTICALS COM 75886F107 326 700 SH   SOLE   700 0 0
RELX NV SPONSORED ADR 75955B102 278 16,918 SH   SOLE   16,918 0 0
REGAL ENTMT GROUP CL A 758766109 2,056 110,000 SH   SOLE   110,000 0 0
RAYMOND JAMES FINANCIAL INC COM 754730109 248 5,000 SH   SOLE   5,000 0 0
RYANAIR HLDGS PLC SPONSORED ADR 783513104 245 3,125 SH   SOLE   3,125 0 0
SAFETY INS GROUP INC COM 78648T100 217 4,000 SH   SOLE   4,000 0 0
BANCO SANTANDER SA ADR 05964H105 105 19,876 SH   SOLE   19,876 0 0
SAP AG SPON ADR 803054204 220 3,400 SH   SOLE   3,400 0 0
STARBUCKS CORP COM 855244109 364 6,400 SH   SOLE   6,400 0 0
WESTERN ASSET WORLDWIDE INCO COM 957668106 629 64,000 SH   SOLE   64,000 0 0
SCHWAB STRATEGIC TR US BRD MKT ETF 808524102 2,319 50,000 SH   SOLE   50,000 0 0
SCHWAB STRATEGIC TR EMRG MKTEQ ETF 808524706 269 13,300 SH   SOLE   13,300 0 0
SCHWAB CHARLES CORP NEW COM 808513105 278 9,750 SH   SOLE   9,750 0 0
ISHARES MSCI JAPN SMCETF 464286582 249 4,500 SH   SOLE   4,500 0 0
STELLUS CAP INVT CORP COM 858568108 3,071 305,000 SH   SOLE   305,000 0 0
ISHARES EAFE SML CP ETF 464288273 263 5,500 SH   SOLE   5,500 0 0
SEALED AIR CORP NEW COM 81211K100 258 5,500 SH   SOLE   5,500 0 0
STIFEL FINL CORP COM 860630102 211 5,000 SH   SOLE   5,000 0 0
SHIP FINANCE INTERNATIONAL L SHS G81075106 2,113 130,000 SH   SOLE   130,000 0 0
ISHARES TR 0-5YR HI YL CP 46434V407 266 5,800 SH   SOLE   5,800 0 0
SIGNET JEWELERS LIMITED SHS G81276100 327 2,400 SH   SOLE   2,400 0 0
SILICON MOTION TECHNOLOGY CO SPONSORED ADR 82706C108 254 9,300 SH   SOLE   9,300 0 0
SIRONA DENTAL SYSTEMS INC COM 82966C103 261 2,800 SH   SOLE   2,800 0 0
SIX FLAGS ENTMT CORP NEW COM 83001A102 2,495 54,500 SH   SOLE   54,500 0 0
SPDR SER TRUST CAP S/T HI YLD 78468R408 1,131 42,000 SH   SOLE   42,000 0 0
SCHLUMBERGER LTD COM 806857108 807 11,700 SH   SOLE   11,700 0 0
SOLAR CAP LTD COM 83413U100 6,882 435,000 SH   SOLE   435,000 0 0
NEW SR INVT GROUP INC COM 648691103 942 90,000 SH   SOLE   90,000 0 0
SANOFI SPONSORED ADR 80105N105 2,635 55,500 SH   SOLE   55,500 0 0
SOUTHERN CO COM 842587107 2,481 55,500 SH   SOLE   55,500 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 6,324 33,000 SH   SOLE   33,000 0 0
SPIRIT RLTY CAP INC COM 84860F109 119 13,000 SH   SOLE   13,000 0 0
SIMPSON MANUFACTURING CO INC COM 829073105 238 7,100 SH   SOLE   7,100 0 0
SENSATA TECHNOLOGIES HLDG NV SHS N7902X106 288 6,500 SH   SOLE   6,500 0 0
STERIS CORP COM 859152100 292 4,500 SH   SOLE   4,500 0 0
STEEL DYNAMICS INC COM 858119100 191 11,100 SH   SOLE   11,100 0 0
STARZ LIBRTY CAP COM A 85571Q102 299 8,000 SH   SOLE   8,000 0 0
STARWOOD PPTY TR INC COM 85571B105 1,026 50,000 SH   SOLE   50,000 0 0
SOLAR SR CAP LTD COM 83416M105 924 65,000 SH   SOLE   65,000 0 0
SYSCO CORP COM 871829107 2,144 55,000 SH   SOLE   55,000 0 0
AT & T CORP COM 00206R102 7,100 217,922 SH   SOLE   217,922 0 0
TRIANGLE CAP CORP COM 895848109 5,205 315,800 SH   SOLE   315,800 0 0
TCP CAP CORP COM 87238Q103 5,424 400,000 SH   SOLE   400,000 0 0
THL CR INC COM 872438106 6,443 590,000 SH   SOLE   590,000 0 0
TORONTO DOMINION BK ONT COM NEW 891160509 276 7,000 SH   SOLE   7,000 0 0
TELEDYNE TECHNOLOGIES INC COM 879360105 271 3,000 SH   SOLE   3,000 0 0
TELEFONICA S A SPONSORED ADR 879382208 136 11,314 SH   SOLE   11,314 0 0
TEMPLETON EMERG MKTS INCOME COM 880192109 485 50,000 SH   SOLE   50,000 0 0
TARGET CORP COM 87612E106 2,973 37,800 SH   SOLE   37,800 0 0
HANOVER INS GROUP INC COM 410867105 311 4,000 SH   SOLE   4,000 0 0
THOR INDS INC COM 885160101 259 5,000 SH   SOLE   5,000 0 0
THORATEC CORP COM NEW 885175307 399 6,300 SH   SOLE   6,300 0 0
GENTHERM INC COM 37253A103 270 6,000 SH   SOLE   6,000 0 0
TELECOM ITALIA S P A NEW SPON ADR ORD 87927Y102 157 12,800 SH   SOLE   12,800 0 0
TURKCELL ILETISIM HIZMETLERI SPON ADR NEW 900111204 104 12,000 SH   SOLE   12,000 0 0
LMP CORPORATE LN FD INC COM 50208B100 1,182 115,000 SH   SOLE   115,000 0 0
TOYOTA MOTOR CORP SP ADR REP2COM 892331307 311 2,650 SH   SOLE   2,650 0 0
ISHARES MSCI KOKUSAI ETF 464288265 230 4,600 SH   SOLE   4,600 0 0
TOTAL S A SPONSORED ADR 89151E109 3,845 86,000 SH   SOLE   86,000 0 0
PRICE T ROWE GROUP INC COM 74144T108 209 3,000 SH   SOLE   3,000 0 0
TRACTOR SUPPLY CO COM 892356106 337 4,000 SH   SOLE   4,000 0 0
TESLA MTRS INC COM 88160R101 248 1,000 SH   SOLE   1,000 0 0
TPG SPECIALTY LENDING INC COM 87265K102 6,326 385,000 SH   SOLE   385,000 0 0
TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADR 874039100 301 14,500 SH   SOLE   14,500 0 0
TORO CO COM 891092108 317 4,500 SH   SOLE   4,500 0 0
TAKE-TWO INTERACTIVE SOFTWAR COM 874054109 330 11,500 SH   SOLE   11,500 0 0
TELUS CORP COM 87971M103 1,596 50,600 SH   SOLE   50,600 0 0
TOWERS WATSON & CO CL A 891894107 270 2,300 SH   SOLE   2,300 0 0
TWO HBRS INVT CORP COM 90187B101 2,294 260,055 SH   SOLE   260,055 0 0
2U INC COM 90214J101 201 5,600 SH   SOLE   5,600 0 0
TRI CONTL CORP COM 895436103 980 50,239 SH   SOLE   50,239 0 0
UNIVERSAL AMERN CORP NEW COM 91338E101 198 29,000 SH   SOLE   29,000 0 0
ULTA SALON COSMETCS & FRAG I COM 90384S303 310 1,900 SH   SOLE   1,900 0 0
ULTIMATE SOFTWARE GROUP INC COM 90385D107 269 1,500 SH   SOLE   1,500 0 0
VANGUARD SCOTTSDALE FDS SHRT TRM CORP BD 92206C409 359 4,500 SH   SOLE   4,500 0 0
VANGUARD INTL EQUITY INDEX F ALLWRLD EX US 922042775 256 6,000 SH   SOLE   6,000 0 0
VANGUARD INTL EQUITY INDEX F FTSE EUROPE ETF 922042874 6,593 134,050 SH   SOLE   134,050 0 0
VALERO ENERGY CORP NEW COM 91913Y100 234 3,900 SH   SOLE   3,900 0 0
INVESCO HIGH INCOME TR II COM 46131F101 1,351 105,000 SH   SOLE   105,000 0 0
VANTIV INC CL A 92210H105 292 6,500 SH   SOLE   6,500 0 0
VODAFONE GROUP PLC NEW SPONS ADR NEW 92857W209 1,746 55,000 SH   SOLE   55,000 0 0
VANGUARD INDEX FDS S&P 500 ETF SHS 922908363 6,150 35,000 SH   SOLE   35,000 0 0
VOYA FINL INC COM 929089100 252 6,500 SH   SOLE   6,500 0 0
VANGUARD INTL EQUITY INDEX F FTSE PACIFIC ETF 922042866 215 4,000 SH   SOLE   4,000 0 0
VALIDUS HOLDINGS LTD COM SHS G9319H102 1,352 30,000 SH   SOLE   30,000 0 0
POWERSHARES ETF TR II VAR RATE PFD POR 73937B597 352 14,500 SH   SOLE   14,500 0 0
VALEANT PHARMACEUTICALS INTL COM 91911K102 268 1,500 SH   SOLE   1,500 0 0
VANGUARD INTL EQUITY INDEX F FTSE SMCAP ETF 922042718 227 2,500 SH   SOLE   2,500 0 0
INVESCO DYNAMIC CR OPP FD COM 46132R104 4,968 470,000 SH   SOLE   470,000 0 0
VIAD CORP COM NEW 92552R406 290 10,000 SH   SOLE   10,000 0 0
INVESCO SR INCOME TR COM 46131H107 1,735 415,000 SH   SOLE   415,000 0 0
VERIZON COMMUNICATIONS INC COM 92343V104 6,170 141,809 SH   SOLE   141,809 0 0
WABTEC CORP COM 929740108 317 3,600 SH   SOLE   3,600 0 0
WEBMD HEALTH CORP COM 94770V102 259 6,500 SH   SOLE   6,500 0 0
WASTE CONNECTIONS INC COM 941053100 291 6,000 SH   SOLE   6,000 0 0
WISDOMTREE INVTS INC COM 97717P104 231 14,300 SH   SOLE   14,300 0 0
WHITEHORSE FIN INC COM 96524V106 4,947 425,000 SH   SOLE   425,000 0 0
WHEELER REAL ESTATE INVT TR COM 963025101 95 50,000 SH   SOLE   50,000 0 0
WIPRO LTD SPON ADR 1 SH 97651M109 238 19,400 SH   SOLE   19,400 0 0
WILLIAMS COS INC DEL COM 969457100 3,004 81,500 SH   SOLE   81,500 0 0
WAL-MART STORES INC COM 931142103 2,101 32,400 SH   SOLE   32,400 0 0
VCA INC COM 918194101 342 6,500 SH   SOLE   6,500 0 0
WOODWARD INC COM 980745103 224 5,500 SH   SOLE   5,500 0 0
WYNN RESORTS LTD COM 983134107 563 10,600 SH   SOLE   10,600 0 0
SELECT SECTOR SPDR TR SBI CONS DISCR 81369Y407 2,228 30,000 SH   SOLE   30,000 0 0
CLAYMORE EXCHANGE-TRD FD TR GUGG CHINA ALLCP 18385P101 214 9,000 SH   SOLE   9,000 0 0
ZAIS FINL CORP COM 98886K108 5,561 415,000 SH   SOLE   415,000 0 0
ZOETIS INC CL A 98978V103 226 5,500 SH   SOLE   5,500 0 0