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
AMERICAN AIRLS GROUP INC COM 02376R102 72,323 1,683,500 SH Call SOLE   1,683,500 0 0
AMERICAN AIRLS GROUP INC COM 02376R102 94,147 2,191,500 SH   SOLE   2,191,500 0 0
ACTAVIS PLC SHS G0083B108 46,841 210,000 SH Call SOLE   210,000 0 0
ACTAVIS PLC SHS G0083B108 60,604 271,708 SH   SOLE   271,708 0 0
AMTRUST FINL SVCS INC NOTE 5.500%12/1 032359AC5 7,584 4,585,000 PRN   SOLE   0 0 0
AK STL CORP NOTE 5.000%11/1 001546AP5 21,630 13,000,000 PRN   SOLE   0 0 0
ARISTA NETWORKS INC COM ADDED 040413106 1,248 20,000 SH   SOLE   20,000 0 0
ALPHA NATURAL RESOURCES INC NOTE 4.875%12/1 02076XAF9 11,612 15,000,000 PRN   SOLE   0 0 0
ANADARKO PETE CORP COM 032511107 62,124 567,500 SH Call SOLE   567,500 0 0
ANADARKO PETE CORP COM 032511107 126,827 1,158,556 SH   DFND   1,158,556 0 0
ATLAS PIPELINE PARTNERS LP UNIT L P INT 049392103 8,561 248,864 SH   DFND   248,864 0 0
ARES MGMT L P COM UNIT RP IN ADDED 04014Y101 495 25,800 SH   SOLE   25,800 0 0
ASPEN AEROGELS INC COM ADDED 04523Y105 332 30,000 SH   SOLE   30,000 0 0
AVON PRODS INC COM 054303102 3,189 218,300 SH Call SOLE   218,300 0 0
ASTRAZENECA PLC SPONSORED ADR 046353108 18,578 250,000 SH Call SOLE   250,000 0 0
B/E AEROSPACE INC COM 073302101 1,619 17,500 SH   SOLE   17,500 0 0
BAKER HUGHES INC COM 057224107 52,115 700,000 SH Call SOLE   700,000 0 0
BAKER HUGHES INC COM 057224107 15,471 207,800 SH   SOLE   207,800 0 0
BROOKDALE SR LIVING INC COM 112463104 1,796 53,879 SH   SOLE   53,879 0 0
BIOMARIN PHARMACEUTICAL INC COM 09061G101 3,221 51,779 SH   SOLE   51,779 0 0
BP PLC SPONSORED ADR 055622104 7,702 146,000 SH Call SOLE   146,000 0 0
PEABODY ENERGY CORP COM 704549104 17,765 1,086,520 SH   DFND   1,086,520 0 0
BLACKSTONE MTG TR INC NOTE 5.250%12/0 09257WAA8 3,300 3,000,000 PRN   SOLE   0 0 0
BLACKSTONE MTG TR INC COM CL A 09257W100 13,050 450,000 SH   SOLE   450,000 0 0
CAESARS ACQUISITION CO CL A 12768T103 4,666 377,200 SH   SOLE   377,200 0 0
CBS CORP NEW CL B 124857202 21,749 350,000 SH Put SOLE   350,000 0 0
CBS OUTDOOR AMERS INC COM ADDED 14987J106 254 7,768 SH   SOLE   7,768 0 0
CUBIST PHARMACEUTICALS INC COM 229678107 5,041 72,200 SH   SOLE   72,200 0 0
CBS CORP NEW CL B 124857202 21,749 350,000 SH   SOLE   350,000 0 0
CROWN CASTLE INTL CORP COM 228227104 3,386 45,600 SH Put SOLE   45,600 0 0
CRESTWOOD EQUITY PARTNERS LP UNIT LTD PARTNER 226344109 1,819 122,308 SH   DFND   122,308 0 0
CABOT OIL & GAS CORP COM 127097103 73,534 2,153,905 SH   DFND   2,153,905 0 0
COMMSCOPE HLDG CO INC COM 20337X109 10,441 451,400 SH   SOLE   451,400 0 0
COOPER STD HLDGS INC COM 21676P103 463 7,000 SH   SOLE   7,000 0 0
COMPUWARE CORP COM 205638109 31,838 3,187,000 SH   SOLE   3,187,000 0 0
CHEVRON CORP NEW COM 166764100 106,790 818,000 SH Call SOLE   818,000 0 0
CAESARS ENTMT CORP COM 127686103 6,178 341,714 SH   SOLE   341,714 0 0
DISH NETWORK CORP CL A 25470M109 42,302 650,000 SH Call SOLE   650,000 0 0
DISH NETWORK CORP CL A 25470M109 47,281 726,499 SH   SOLE   726,499 0 0
DENBURY RES INC COM NEW 247916208 86,802 4,702,176 SH   DFND   4,702,176 0 0
DRYSHIPS INC. NOTE 5.000%12/0 262498AB4 2,473 2,500,000 PRN   SOLE   0 0 0
ECOLAB INC COM 278865100 557 5,001 SH   SOLE   5,001 0 0
ISHARES MSCI EMG MKT ETF 464287234 4,556 1,054 SH Put SOLE   1,054 0 0
ISHARES IWM/071914/P112-US_D 464287655 59,405 5,000 SH Put SOLE   5,000 0 0
ENERGEN CORP COM 29265N108 23,588 265,386 SH   SOLE   265,386 0 0
EOG RES INC COM 26875P101 44,126 377,600 SH Put SOLE   377,600 0 0
EL PASO PIPELINE PARTNERS L COM UNIT LPI 283702108 11,869 327,600 SH   DFND   327,600 0 0
EQUINIX INC COM NEW 29444U502 10,841 51,600 SH Call SOLE   51,600 0 0
ENERGY TRANSFER EQUITY L P COM UT LTD PTN 29273V100 23,576 400,002 SH   DFND   400,002 0 0
EXTERRAN HLDGS INC COM 30225X103 199,636 4,437,349 SH   DFND   4,437,349 0 0
EXTERRAN PARTNERS LP COM UNITS 30225N105 8,522 301,347 SH   DFND   301,347 0 0
FURIEX PHARMACEUTICALS INC COM 36106P101 100,871 950,000 SH Put SOLE   950,000 0 0
FURIEX PHARMACEUTICALS INC COM 36106P101 77,937 734,006 SH   SOLE   734,006 0 0
GOLDCORP INC NEW NOTE 2.000% 8/0 380956AB8 3,004 3,000,000 PRN   SOLE   0 0 0
GOLAR LNG LTD BERMUDA SHS G9456A100 14,809 246,400 SH Call SOLE   246,400 0 0
GRAPHIC PACKAGING HLDG CO COM 388689101 585 50,000 SH   SOLE   50,000 0 0
GRACE W R & CO DEL NEW COM 38388F108 473 5,000 SH   SOLE   5,000 0 0
GROUPON INC COM CL A 399473107 3,641 550,000 SH Call SOLE   550,000 0 0
GROUPON INC COM CL A 399473107 2,350 355,000 SH   SOLE   355,000 0 0
HALLIBURTON CO COM 406216101 35,505 500,000 SH Call SOLE   500,000 0 0
HALLIBURTON CO COM 406216101 24,378 343,300 SH   SOLE   343,300 0 0
HILLSHIRE BRANDS CO COM 432589109 18,572 298,100 SH Call SOLE   298,100 0 0
HILLSHIRE BRANDS CO COM 432589109 5,233 84,000 SH Put SOLE   84,000 0 0
HILLSHIRE BRANDS CO COM 432589109 648 10,400 SH   SOLE   10,400 0 0
HERTZ GLOBAL HOLDINGS INC COM 42805T105 14,015 500,000 SH Call SOLE   500,000 0 0
HERTZ GLOBAL HOLDINGS INC COM 42805T105 841 30,000 SH Put SOLE   30,000 0 0
HUBBELL INC CL B 443510201 616 5,000 SH   SOLE   5,000 0 0
ISHARES IBOXX HI YD ETF 464288513 19,040 200,000 SH Put SOLE   200,000 0 0
IAC INTERACTIVECORP COM PAR $.001 44919P508 13,846 200,000 SH Put SOLE   200,000 0 0
IDENIX PHARMACEUTICALS INC COM 45166R204 4,008 166,300 SH Put SOLE   166,300 0 0
SPDR SERIES TRUST BRC HGH YLD BD 78464A417 8,346 200,000 SH Put SOLE   200,000 0 0
JONES ENERGY INC COM CL A 48019R108 1,357 66,199 SH   SOLE   66,199 0 0
KINDER MORGAN INC DEL COM 49456B101 51,230 1,412,865 SH   DFND   1,412,865 0 0
KOSMOS ENERGY LTD SHS G5315B107 60,919 5,424,644 SH   SOLE   5,424,644 0 0
KROGER CO COM 501044101 2,645 53,500 SH Put SOLE   53,500 0 0
LAMAR ADVERTISING CO CL A 512815101 34,450 650,000 SH Put SOLE   650,000 0 0
LAMAR ADVERTISING CO CL A 512815101 94,808 1,788,838 SH   SOLE   1,788,838 0 0
LEGACY RESERVES LP UNIT LP INT 524707304 56,335 1,803,289 SH   DFND   1,803,289 0 0
LIBERTY MEDIA CORP DELAWARE CL A 531229102 93,333 682,860 SH   SOLE   682,860 0 0
CHENIERE ENERGY INC COM NEW 16411R208 71,843 1,002,000 SH Call SOLE   1,002,000 0 0
LORAL SPACE & COMMUNICATNS I COM 543881106 634 8,727 SH   SOLE   8,727 0 0
NOVELLUS SYS INC NOTE 2.625% 5/1 670008AD3 46,507 23,020,000 PRN   SOLE   0 0 0
MICROCHIP TECHNOLOGY INC SDCV 2.125%12/1 595017AB0 57,387 30,027,000 PRN   SOLE   0 0 0
MEMORIAL RESOURCE DEV CORP COM ADDED 58605Q109 9,257 380,000 SH   DFND   380,000 0 0
MERITOR INC NOTE 7.875% 3/0 59001KAC4 16,154 10,000,000 PRN   SOLE   0 0 0
MYLAN INC COM 628530107 12,555 243,500 SH Call SOLE   243,500 0 0
NABORS INDUSTRIES LTD SHS G6359F103 7,343 250,000 SH Call SOLE   250,000 0 0
NEWCASTLE INVT CORP COM 65105M108 944 197,001 SH   SOLE   197,001 0 0
NEWFIELD EXPL CO COM 651290108 30,940 700,000 SH Call SOLE   700,000 0 0
NEWFIELD EXPL CO COM 651290108 34,944 790,585 SH   SOLE   790,585 0 0
ENPRO INDS INC COM 29355X107 732 10,000 SH Call SOLE   10,000 0 0
ENPRO INDS INC COM 29355X107 585 8,000 SH   SOLE   8,000 0 0
NORTHERN TIER ENERGY LP COM UN REPR PART 665826103 26,859 1,004,467 SH   DFND   1,004,467 0 0
NVIDIA CORP COM 67066G104 1,867 100,679 SH   SOLE   100,679 0 0
OPENTABLE INC COM 68372A104 21,435 206,900 SH Put SOLE   206,900 0 0
OPENTABLE INC COM 68372A104 121,212 1,170,000 SH   SOLE   1,170,000 0 0
PACIFIC DRILLING SA LUXEMBOU REG SHS L7257P106 21,500 2,150,019 SH   DFND   2,150,019 0 0
PLAINS GP HLDGS L P SHS A REP LTPN 72651A108 31,191 975,014 SH   DFND   975,014 0 0
PBF ENERGY INC CL A 69318G106 26,677 1,001,000 SH Call SOLE   1,001,000 0 0
PRICELINE GRP INC COM NEW 741503403 2,973 2,471 SH   SOLE   2,471 0 0
PARSLEY ENERGY INC CL A ADDED 701877102 9,628 400,000 SH   DFND   400,000 0 0
PINNACLE ENTMT INC COM 723456109 252 10,000 SH Call SOLE   10,000 0 0
PROTO LABS INC COM 743713109 5,734 70,000 SH   SOLE   70,000 0 0
PHILLIPS 66 COM 718546104 26,944 335,000 SH Call SOLE   335,000 0 0
PENN WEST PETE LTD NEW COM 707887105 84,183 8,625,338 SH   DFND   8,625,338 0 0
PIONEER NAT RES CO COM 723787107 13,904 60,500 SH Put SOLE   60,500 0 0
PIONEER NAT RES CO COM 723787107 122,049 531,087 SH   DFND   531,087 0 0
POWERSHARES QQQ TRUST UNIT SER 1 73935A104 56,346 600,000 SH Put SOLE   600,000 0 0
RCS CAP CORP COM CL A 74937W102 7,578 356,953 SH   SOLE   356,953 0 0
ROWAN COMPANIES PLC SHS CL A G7665A101 101,787 3,187,808 SH   DFND   3,187,808 0 0
RADIAN GROUP INC NOTE 3.000%11/1 750236AK7 63,708 44,000,000 PRN   SOLE   0 0 0
REGENCY ENERGY PARTNERS L P COM UNITS L P 75885Y107 43,594 1,256,831 SH   DFND   1,256,831 0 0
RANGE RES CORP COM 75281A109 94,219 1,083,604 SH   DFND   1,083,604 0 0
SPRINT CORP COM SER 1 85207U105 77,360 9,069,200 SH Call SOLE   9,069,200 0 0
SPRINT CORP COM SER 1 85207U105 27,296 3,200,000 SH Put SOLE   3,200,000 0 0
SPIRIT AIRLS INC COM 848577102 31,683 501,000 SH Call SOLE   501,000 0 0
SERVICE CORP INTL COM 817565104 35,881 1,731,701 SH   SOLE   1,731,701 0 0
SEMGROUP CORP CL A 81663A105 244 3,100 SH Call SOLE   3,100 0 0
SPECTRA ENERGY CORP COM 847560109 125,908 2,963,940 SH   DFND   2,963,940 0 0
SEARS HLDGS CORP COM 812350106 2,130 53,300 SH Put SOLE   53,300 0 0
SHERWIN WILLIAMS CO COM 824348106 1,035 5,000 SH   SOLE   5,000 0 0
GLOBAL X FDS SOCIAL MED ETF 37950E416 2,937 150,000 SH Put SOLE   150,000 0 0
SPECTRUM BRANDS HLDGS INC COM 84763R101 1,290 15,000 SH   SOLE   15,000 0 0
STANDARD PAC CORP NEW NOTE 1.250% 8/0 85375CBC4 19,507 15,500,000 PRN   SOLE   0 0 0
SUPERIOR ENERGY SVCS INC COM 868157108 9,584 265,183 SH   SOLE   265,183 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 138,961 710,000 SH Put SOLE   710,000 0 0
SUNEDISON INC COM 86732Y109 48,251 2,135,000 SH Call SOLE   2,135,000 0 0
SUNEDISON INC COM 86732Y109 4,616 204,233 SH   SOLE   204,233 0 0
SPRINT CORP COM SER 1 85207U105 33,153 3,886,663 SH   SOLE   3,886,663 0 0
TECK RESOURCES LTD CL B 878742204 47,906 2,098,390 SH   DFND   2,098,390 0 0
TEEKAY CORPORATION COM Y8564W103 335,396 5,387,883 SH   DFND   5,387,883 0 0
T-MOBILE US INC COM 872590104 4,203 125,000 SH Call SOLE   125,000 0 0
T-MOBILE US INC COM 872590104 13,135 390,700 SH   SOLE   390,700 0 0
TESLA MTRS INC NOTE 1.250% 3/0 88160RAC5 12,110 12,500,000 PRN   SOLE   0 0 0
TYSON FOODS INC CL A 902494103 10,316 274,800 SH   SOLE   274,800 0 0
TWITTER INC COM 90184L102 4,097 100,000 SH Call SOLE   100,000 0 0
UNITED CONTL HLDGS INC COM 910047109 2,854 69,500 SH Put SOLE   69,500 0 0
WEATHERFORD INTERNATIONAL LT REG SHS H27013103 1,375 59,800 SH Call SOLE   59,800 0 0
WILLIAMS COS INC DEL COM 969457100 171,854 2,952,308 SH   DFND   2,952,308 0 0
WESTERN REFNG INC COM 959319104 57,703 1,536,700 SH   DFND   1,536,700 0 0
EXXON MOBIL CORP COM 30231G102 54,891 545,200 SH Call SOLE   545,200 0 0
XPO LOGISTICS INC COM 983793100 572 20,000 SH Call SOLE   20,000 0 0
XPO LOGISTICS INC COM 983793100 229 8,000 SH   SOLE   8,000 0 0
YAHOO INC COM 984332106 7,026 200,000 SH Call SOLE   200,000 0 0
YAHOO INC COM 984332106 73,425 2,090,100 SH   SOLE   2,090,100 0 0
ZIONS BANCORPORATION *W EXP 11/14/201 989701131 1,144 334,409 SH   SOLE   334,409 0 0
ZYNGA INC CL A 98986T108 3,210 1,000,000 SH   SOLE   1,000,000 0 0