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
3M CO COM 88579Y101 1,218 8,984 SH   DFND 0 0 8,984
ABBOTT LABS COM 002824100 976 25,293 SH   DFND 0 0 25,293
ABBVIE INC COM 00287Y109 1,761 34,303 SH   DFND 0 0 34,303
ACCENTURE PLC IRELAND SHS CLASS A G1151C101 3,751 46,961 SH   DFND 0 0 46,961
ACE LTD SHS H0023R105 224 2,251 SH   DFND 0 0 2,251
ACNB CORP COM 000868109 294 15,659 SH   DFND 0 0 15,659
ACUITY BRANDS INC COM 00508Y102 232 1,743 SH   DFND 0 0 1,743
AFFILIATED MANAGERS GROUP COM 008252108 318 1,598 SH   DFND 0 0 1,598
AIR LEASE CORP NOTE 3.875%12/0 00912XAK0 27 17,000 PRN   DFND 0 0 17,000
AIR PRODS & CHEMS INC COM 009158106 348 2,908 SH   DFND 0 0 2,908
ALLEGHENY TECHNOLOGIES INC NOTE 4.250% 6/0 01741RAD4 17 17,000 PRN   DFND 0 0 17,000
ALTRIA GROUP INC COM 02209S103 865 23,216 SH   DFND 0 0 23,216
AMAZON COM INC COM 023135106 1,495 4,443 SH   DFND 0 0 4,443
AMERICAN EXPRESS CO COM 025816109 2,116 23,483 SH   DFND 0 0 23,483
AMERICAN TOWER CORP NEW COM 03027X100 2,180 26,627 SH   DFND 0 0 26,627
AMETEK INC NEW COM 031100100 398 7,720 SH   DFND 0 0 7,720
AMGEN INC COM 031162100 225 1,830 SH   DFND 0 0 1,830
AMPHENOL CORP NEW CL A 032095101 415 4,542 SH   DFND 0 0 4,542
ANADARKO PETE CORP COM 032511107 935 11,050 SH   DFND 0 0 11,050
ANSYS INC COM 03662Q105 587 7,607 SH   DFND 0 0 7,607
ANTARES PHARMA INC COM 036642106 177 50,550 SH   DFND 0 0 50,550
AON PLC SHS CL A G0408V102 243 2,876 SH   DFND 0 0 2,876
APACHE CORP COM 037411105 647 7,807 SH   DFND 0 0 7,807
APCO OIL & GAS INTERNATIONAL SHS G0471F109 159 11,000 SH   DFND 0 0 11,000
APPLE INC COM 037833100 11,024 20,535 SH   DFND 0 0 20,535
ARENA PHARMACEUTICALS INC COM 040047102 126 20,000 SH   DFND 0 0 20,000
ARES CAP CORP NOTE 5.750% 2/0 04010LAB9 10 10,000 PRN   DFND 0 0 10,000
AT&T INC COM 00206R102 2,362 67,205 SH   DFND 0 0 67,205
AUTOMATIC DATA PROCESSING IN COM 053015103 420 5,442 SH   DFND 0 0 5,442
AVALONBAY CMNTYS INC COM 053484101 404 3,074 SH   DFND 0 0 3,074
BAIDU INC SPON ADR REP A 056752108 406 2,664 SH   DFND 0 0 2,664
BANK OF AMERICA CORPORATION COM 060505104 478 27,595 SH   DFND 0 0 27,595
BED BATH & BEYOND INC COM 075896100 1,161 16,830 SH   DFND 0 0 16,830
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 4,476 35,902 SH   DFND 0 0 35,902
BHP BILLITON LTD SPONSORED ADR 088606108 249 3,704 SH   DFND 0 0 3,704
BIOMARIN PHARMACEUTICAL INC NOTE 0.750%10/1 09061GAE1 25 24,000 PRN   DFND 0 0 24,000
BOEING CO COM 097023105 216 1,716 SH   DFND 0 0 1,716
BOTTOMLINE TECH DEL INC NOTE 1.500%12/0 101388AA4 24 18,000 PRN   DFND 0 0 18,000
BP PLC SPONSORED ADR 055622104 285 5,950 SH   DFND 0 0 5,950
BRISTOL MYERS SQUIBB CO COM 110122108 1,081 20,760 SH   DFND 0 0 20,760
BROOKFIELD ASSET MGMT INC CL A LTD VT SH 112585104 779 19,049 SH   DFND 0 0 19,049
BROOKFIELD INFRAST PARTNERS LP INT UNIT G16252101 477 12,089 SH   DFND 0 0 12,089
CANADIAN NAT RES LTD COM 136385101 268 7,020 SH   DFND 0 0 7,020
CANADIAN NATL RY CO COM 136375102 546 9,684 SH   DFND 0 0 9,684
CARLYLE GROUP L P COM UTS LTD PTN 14309L102 556 15,800 SH   DFND 0 0 15,800
CATERPILLAR INC DEL COM 149123101 1,109 11,139 SH   DFND 0 0 11,139
CEL SCI CORP COM PAR $0.01 150837508 92 60,000 SH   DFND 0 0 60,000
CHART INDS INC NOTE 2.000% 8/0 16115QAC4 23 17,000 PRN   DFND 0 0 17,000
CHESAPEAKE ENERGY CORP COM 165167107 227 8,873 SH   DFND 0 0 8,873
CHESAPEAKE ENERGY CORP PFD CONV 165167842 380 4,150 SH   DFND 0 0 4,150
CHESAPEAKE GRANITE WASH TR COM SH BEN INT 165185109 150 14,320 SH   DFND 0 0 14,320
CHEVRON CORP NEW COM 166764100 2,114 17,731 SH   DFND 0 0 17,731
CHUBB CORP COM 171232101 1,038 11,631 SH   DFND 0 0 11,631
CIGNA CORPORATION COM 125509109 318 3,783 SH   DFND 0 0 3,783
CINCINNATI BELL INC NEW PFD CV DEP1/20 171871403 1,157 25,396 SH   DFND 0 0 25,396
CIRRUS LOGIC INC COM 172755100 455 22,825 SH   DFND 0 0 22,825
CISCO SYS INC COM 17275R102 429 19,200 SH   DFND 0 0 19,200
CLOROX CO DEL COM 189054109 399 4,534 SH   DFND 0 0 4,534
CME GROUP INC COM 12572Q105 215 2,905 SH   DFND 0 0 2,905
COCA COLA CO COM 191216100 1,842 47,638 SH   DFND 0 0 47,638
COLFAX CORP COM 194014106 366 5,176 SH   DFND 0 0 5,176
COLGATE PALMOLIVE CO COM 194162103 831 12,837 SH   DFND 0 0 12,837
CONOCOPHILLIPS COM 20825C104 483 6,881 SH   DFND 0 0 6,881
CONTINENTAL AIRLS INC NOTE 4.500% 1/1 210795PU8 22 10,000 PRN   DFND 0 0 10,000
CORE LABORATORIES N V COM N22717107 586 2,945 SH   DFND 0 0 2,945
COSTCO WHSL CORP NEW COM 22160K105 734 6,535 SH   DFND 0 0 6,535
COVANCE INC COM 222816100 1,345 12,918 SH   DFND 0 0 12,918
COVANTA HLDG CORP NOTE 3.250% 6/0 22282EAC6 19 18,000 PRN   DFND 0 0 18,000
CVS CAREMARK CORPORATION COM 126650100 782 10,463 SH   DFND 0 0 10,463
DANAHER CORP DEL COM 235851102 2,622 34,856 SH   DFND 0 0 34,856
DANAHER CORP DEL NOTE 1/2 235851AF9 36 17,000 PRN   DFND 0 0 17,000
DAVITA HEALTHCARE PARTNERS I COM 23918K108 1,467 21,235 SH   DFND 0 0 21,235
DEERE & CO COM 244199105 887 9,790 SH   DFND 0 0 9,790
DIAGEO P L C SPON ADR NEW 25243Q205 1,486 11,931 SH   DFND 0 0 11,931
DISNEY WALT CO COM DISNEY 254687106 1,481 18,490 SH   DFND 0 0 18,490
DOMINION RES INC VA NEW COM 25746U109 919 12,981 SH   DFND 0 0 12,981
DOUBLELINE OPPORTUNISTIC CR COM 258623107 213 9,200 SH   DFND 0 0 9,200
DOW CHEM CO COM 260543103 261 5,368 SH   DFND 0 0 5,368
DU PONT E I DE NEMOURS & CO COM 263534109 1,187 17,700 SH   DFND 0 0 17,700
DUKE ENERGY CORP NEW COM NEW 26441C204 1,162 16,415 SH   DFND 0 0 16,415
EATON CORP PLC SHS G29183103 503 6,689 SH   DFND 0 0 6,689
EATON VANCE TAX MNGD GBL DV COM 27829F108 110 10,900 SH   DFND 0 0 10,900
EBAY INC COM 278642103 1,251 22,653 SH   DFND 0 0 22,653
EMERSON ELEC CO COM 291011104 948 14,187 SH   DFND 0 0 14,187
ENSCO PLC SHS CLASS A G3157S106 539 10,208 SH   DFND 0 0 10,208
ENTERPRISE PRODS PARTNERS L COM 293792107 2,284 32,932 SH   DFND 0 0 32,932
EQUIFAX INC COM 294429105 1,905 28,006 SH   DFND 0 0 28,006
EXELON CORP COM 30161N101 296 8,865 SH   DFND 0 0 8,865
EXPRESS SCRIPTS HLDG CO COM 30219G108 3,712 49,323 SH   DFND 0 0 49,323
EXXON MOBIL CORP COM 30231G102 8,221 84,093 SH   DFND 0 0 84,093
FACEBOOK INC CL A 30303M102 768 12,772 SH   DFND 0 0 12,772
FAIR ISAAC CORP COM 303250104 519 9,315 SH   DFND 0 0 9,315
FIDELITY NATL INFORMATION SV COM 31620M106 951 17,802 SH   DFND 0 0 17,802
FIFTH STREET FINANCE CORP COM 31678A103 423 44,693 SH   DFND 0 0 44,693
FIRST TR EXCHANGE TRADED FD DJ GLBL DIVID 33734X200 266 9,500 SH   DFND 0 0 9,500
FLUOR CORP NEW COM 343412102 253 3,263 SH   DFND 0 0 3,263
FMC TECHNOLOGIES INC COM 30249U101 1,801 34,460 SH   DFND 0 0 34,460
FORD MTR CO DEL NOTE 4.250%11/1 345370CN8 25 13,000 PRN   DFND 0 0 13,000
GALLAGHER ARTHUR J & CO COM 363576109 1,839 38,660 SH   DFND 0 0 38,660
GAMESTOP CORP NEW CL A 36467W109 736 17,872 SH   DFND 0 0 17,872
GENERAL DYNAMICS CORP COM 369550108 472 4,336 SH   DFND 0 0 4,336
GENERAL ELECTRIC CO COM 369604103 3,355 129,376 SH   DFND 0 0 129,376
GENERAL MLS INC COM 370334104 651 12,522 SH   DFND 0 0 12,522
GILEAD SCIENCES INC NOTE 1.000% 5/0 375558AN3 64 19,000 PRN   DFND 0 0 19,000
GOLUB CAP BDC INC COM 38173M102 559 31,243 SH   DFND 0 0 31,243
GOOGLE INC CL A 38259P508 5,968 5,359 SH   DFND 0 0 5,359
HAMILTON BANCORP INC MD COM 407015106 140 10,000 SH   DFND 0 0 10,000
HCP INC COM 40414L109 214 5,483 SH   DFND 0 0 5,483
HD SUPPLY HLDGS INC COM 40416M105 914 35,045 SH   DFND 0 0 35,045
HEALTH CARE REIT INC COM 42217K106 471 7,863 SH   DFND 0 0 7,863
HELMERICH & PAYNE INC COM 423452101 205 1,900 SH   DFND 0 0 1,900
HOLOGIC INC DEBT 2.000% 3/0 436440AC5 19 19,000 PRN   DFND 0 0 19,000
HOME DEPOT INC COM 437076102 559 7,081 SH   DFND 0 0 7,081
HONEYWELL INTL INC COM 438516106 522 5,608 SH   DFND 0 0 5,608
HORIZON TECHNOLOGY FIN CORP COM 44045A102 372 29,490 SH   DFND 0 0 29,490
HORNBECK OFFSHORE SVCS INC N NOTE 1.500% 9/0 440543AN6 20 19,000 PRN   DFND 0 0 19,000
HOSPIRA INC COM 441060100 292 6,757 SH   DFND 0 0 6,757
INGERSOLL-RAND PLC SHS G47791101 387 6,743 SH   DFND 0 0 6,743
INTEL CORP COM 458140100 2,084 80,994 SH   DFND 0 0 80,994
INTERNATIONAL BUSINESS MACHS COM 459200101 3,539 18,398 SH   DFND 0 0 18,398
INTERNATIONAL GAME TECHNOLOG NOTE 3.250% 5/0 459902AQ5 17 17,000 PRN   DFND 0 0 17,000
INTUITIVE SURGICAL INC COM NEW 46120E602 459 1,042 SH   DFND 0 0 1,042
ISHARES 10-20 YR TRS ETF 464288653 203 1,617 SH   DFND 0 0 1,617
ISHARES 1-3 YR TR BD ETF 464287457 623 7,397 SH   DFND 0 0 7,397
ISHARES 20+ YR TR BD ETF 464287432 310 2,850 SH   DFND 0 0 2,850
ISHARES CORE S&P MCP ETF 464287507 425 3,093 SH   DFND 0 0 3,093
ISHARES CORE S&P SCP ETF 464287804 330 3,005 SH   DFND 0 0 3,005
ISHARES CORE S&P500 ETF 464287200 615 3,264 SH   DFND 0 0 3,264
ISHARES CORE TOTUSBD ETF 464287226 705 6,532 SH   DFND 0 0 6,532
ISHARES IBOXX HI YD ETF 464288513 1,511 16,049 SH   DFND 0 0 16,049
ISHARES IBOXX INV CP ETF 464287242 548 4,683 SH   DFND 0 0 4,683
ISHARES MSCI EAFE ETF 464287465 238 3,564 SH   DFND 0 0 3,564
ISHARES MSCI EMG MKT ETF 464287234 627 15,251 SH   DFND 0 0 15,251
ISHARES RUS 1000 GRW ETF 464287614 1,057 12,228 SH   DFND 0 0 12,228
ISHARES RUS 1000 VAL ETF 464287598 842 8,693 SH   DFND 0 0 8,693
ISHARES RUS MID-CAP ETF 464287499 241 1,561 SH   DFND 0 0 1,561
ISHARES RUSSELL 2000 ETF 464287655 318 2,741 SH   DFND 0 0 2,741
ISHARES SELECT DIVID ETF 464287168 971 13,233 SH   DFND 0 0 13,233
ISHARES TIPS BD ETF 464287176 295 2,628 SH   DFND 0 0 2,628
ISHARES GOLD TRUST ISHARES 464285105 203 16,302 SH   DFND 0 0 16,302
IXIA NOTE 3.000%12/1 45071RAB5 10 10,000 PRN   DFND 0 0 10,000
JARDEN CORP NOTE 1.875% 9/1 471109AH1 27 19,000 PRN   DFND 0 0 19,000
JOHNSON & JOHNSON COM 478160104 5,903 60,120 SH   DFND 0 0 60,120
JOHNSON CTLS INC COM 478366107 244 5,181 SH   DFND 0 0 5,181
JPMORGAN CHASE & CO COM 46625H100 1,771 29,257 SH   DFND 0 0 29,257
KAYNE ANDERSON MLP INVT CO COM 486606106 2,112 57,567 SH   DFND 0 0 57,567
KELLOGG CO COM 487836108 215 3,433 SH   DFND 0 0 3,433
KIMBERLY CLARK CORP COM 494368103 403 3,628 SH   DFND 0 0 3,628
KINDER MORGAN ENERGY PARTNER UT LTD PARTNER 494550106 1,094 14,843 SH   DFND 0 0 14,843
KINDER MORGAN INC DEL COM 49456B101 2,087 64,463 SH   DFND 0 0 64,463
KINDER MORGAN MANAGEMENT LLC SHS 49455U100 645 8,994 SH   DFND 0 0 8,994
KRAFT FOODS GROUP INC COM 50076Q106 406 7,225 SH   DFND 0 0 7,225
LAM RESEARCH CORP NOTE 1.250% 5/1 512807AL2 22 19,000 PRN   DFND 0 0 19,000
LAUDER ESTEE COS INC CL A 518439104 509 7,626 SH   DFND 0 0 7,626
LILLY ELI & CO COM 532457108 240 4,069 SH   DFND 0 0 4,069
LOCKHEED MARTIN CORP COM 539830109 214 1,307 SH   DFND 0 0 1,307
M & T BK CORP COM 55261F104 1,362 11,243 SH   DFND 0 0 11,243
MAGELLAN MIDSTREAM PRTNRS LP COM UNIT RP LP 559080106 404 5,789 SH   DFND 0 0 5,789
MARKEL CORP COM 570535104 278 467 SH   DFND 0 0 467
MARKET VECTORS ETF TR GOLD MINER ETF 57060U100 592 24,965 SH   DFND 0 0 24,965
MARKWEST ENERGY PARTNERS L P UNIT LTD PARTN 570759100 202 3,101 SH   DFND 0 0 3,101
MASIMO CORP COM 574795100 209 7,673 SH   DFND 0 0 7,673
MASTERCARD INC CL A 57636Q104 4,954 66,361 SH   DFND 0 0 66,361
MCCORMICK & CO INC COM NON VTG 579780206 1,319 18,381 SH   DFND 0 0 18,381
MCCORMICK & CO INC COM VTG 579780107 971 13,571 SH   DFND 0 0 13,571
MCDONALDS CORP COM 580135101 1,790 18,244 SH   DFND 0 0 18,244
MCGRAW HILL FINL INC COM 580645109 359 4,701 SH   DFND 0 0 4,701
MCKESSON CORP COM 58155Q103 479 2,719 SH   DFND 0 0 2,719
MEDICINES CO DBCV 1.375% 6/0 584688AC9 20 18,000 PRN   DFND 0 0 18,000
MELCO CROWN ENTMT LTD ADR 585464100 720 18,600 SH   DFND 0 0 18,600
MERCK & CO INC NEW COM 58933Y105 3,267 57,599 SH   DFND 0 0 57,599
METLIFE INC COM 59156R108 1,449 27,429 SH   DFND 0 0 27,429
MGM RESORTS INTERNATIONAL NOTE 4.250% 4/1 55303QAE0 24 17,000 PRN   DFND 0 0 17,000
MICROCHIP TECHNOLOGY INC COM 595017104 935 19,608 SH   DFND 0 0 19,608
MICROSOFT CORP COM 594918104 3,111 75,781 SH   DFND 0 0 75,781
MIMEDX GROUP INC COM 602496101 153 25,000 SH   DFND 0 0 25,000
MOLYCORP INC DEL COM 608753109 183 39,200 SH   DFND 0 0 39,200
MONDELEZ INTL INC CL A 609207105 1,867 54,029 SH   DFND 0 0 54,029
NATIONAL OILWELL VARCO INC COM 637071101 886 11,401 SH   DFND 0 0 11,401
NEXTERA ENERGY INC COM 65339F101 539 5,632 SH   DFND 0 0 5,632
NORFOLK SOUTHERN CORP COM 655844108 243 2,518 SH   DFND 0 0 2,518
NOVARTIS A G SPONSORED ADR 66987V109 468 5,505 SH   DFND 0 0 5,505
NOVELLUS SYS INC NOTE 2.625% 5/1 670008AD3 18 10,000 PRN   DFND 0 0 10,000
NUANCE COMMUNICATIONS INC NOTE 2.750%11/0 67020YAF7 27 27,000 PRN   DFND 0 0 27,000
NUSTAR GP HOLDINGS LLC UNIT RESTG LLC 67059L102 679 19,974 SH   DFND 0 0 19,974
NUVEEN MD PREM INCOME MUN FD COM 67061Q107 136 10,968 SH   DFND 0 0 10,968
NUVEEN MUN VALUE FD INC COM 670928100 119 12,655 SH   DFND 0 0 12,655
NYMOX PHARMACEUTICAL CORP COM 67076P102 60 11,000 SH   DFND 0 0 11,000
OAKTREE CAP GROUP LLC UNIT CL A 674001201 332 5,700 SH   DFND 0 0 5,700
OCCIDENTAL PETE CORP DEL COM 674599105 521 5,460 SH   DFND 0 0 5,460
OMNICARE INC NOTE 3.500% 2/1 681904AQ1 39 39,000 PRN   DFND 0 0 39,000
ON SEMICONDUCTOR CORP NOTE 2.625%12/1 682189AH8 20 18,000 PRN   DFND 0 0 18,000
ONEOK INC NEW COM 682680103 203 3,423 SH   DFND 0 0 3,423
ORACLE CORP COM 68389X105 1,356 33,163 SH   DFND 0 0 33,163
PACCAR INC COM 693718108 214 3,186 SH   DFND 0 0 3,186
PALL CORP COM 696429307 210 2,355 SH   DFND 0 0 2,355
PEPSICO INC COM 713448108 3,850 46,083 SH   DFND 0 0 46,083
PFIZER INC COM 717081103 1,477 45,942 SH   DFND 0 0 45,942
PHILIP MORRIS INTL INC COM 718172109 1,029 12,625 SH   DFND 0 0 12,625
PLAINS ALL AMERN PIPELINE L UNIT LTD PARTN 726503105 434 7,864 SH   DFND 0 0 7,864
PLAINS GP HLDGS L P SHS A REP LTPN 72651A108 790 28,186 SH   DFND 0 0 28,186
PLUM CREEK TIMBER CO INC COM 729251108 461 10,968 SH   DFND 0 0 10,968
PNC FINL SVCS GROUP INC COM 693475105 1,326 15,242 SH   DFND 0 0 15,242
POTASH CORP SASK INC COM 73755L107 344 9,459 SH   DFND 0 0 9,459
POWERSHARES ETF TRUST DWA MOMENTUM PTF 73935X153 755 20,300 SH   DFND 0 0 20,300
POWERSHS DB US DOLLAR INDEX DOLL INDX BULL 73936D107 234 10,900 SH   DFND 0 0 10,900
PRAXAIR INC COM 74005P104 1,273 9,702 SH   DFND 0 0 9,702
PRICE T ROWE GROUP INC COM 74144T108 2,798 34,033 SH   DFND 0 0 34,033
PRICELINE COM INC DEBT 1.000% 3/1 741503AQ9 12 10,000 PRN   DFND 0 0 10,000
PRICESMART INC COM 741511109 211 2,085 SH   DFND 0 0 2,085
PROCTER & GAMBLE CO COM 742718109 7,074 87,934 SH   DFND 0 0 87,934
PROS HOLDINGS INC COM 74346Y103 240 7,619 SH   DFND 0 0 7,619
QUALCOMM INC COM 747525103 5,722 72,475 SH   DFND 0 0 72,475
QUANTA SVCS INC COM 74762E102 661 17,945 SH   DFND 0 0 17,945
REGENCY ENERGY PARTNERS L P COM UNITS L P 75885Y107 212 7,790 SH   DFND 0 0 7,790
REGIONS FINL CORP NEW COM 7591EP100 265 23,901 SH   DFND 0 0 23,901
ROBERT HALF INTL INC COM 770323103 286 6,819 SH   DFND 0 0 6,819
ROGERS COMMUNICATIONS INC CL B 775109200 342 8,284 SH   DFND 0 0 8,284
ROYAL DUTCH SHELL PLC SPONS ADR A 780259206 221 4,053 SH   DFND 0 0 4,053
RPM INTL INC NOTE 2.250%12/1 749685AT0 12 11,000 PRN   DFND 0 0 11,000
RTI INTL METALS INC NOTE 1.625%10/1 74973WAB3 10 10,000 PRN   DFND 0 0 10,000
RYDEX ETF TRUST GUG RUSS TOP 50 78355W205 368 2,845 SH   DFND 0 0 2,845
RYDEX ETF TRUST GUG S&P500 EQ WT 78355W106 4,331 59,320 SH   DFND 0 0 59,320
SALESFORCE COM INC COM 79466L302 449 7,891 SH   DFND 0 0 7,891
SALIX PHARMACEUTICALS INC NOTE 1.500% 3/1 795435AE6 28 17,000 PRN   DFND 0 0 17,000
SBA COMMUNICATIONS CORP COM 78388J106 525 5,764 SH   DFND 0 0 5,764
SCHLUMBERGER LTD COM 806857108 3,861 39,529 SH   DFND 0 0 39,529
SCHWAB CHARLES CORP NEW COM 808513105 2,422 88,785 SH   DFND 0 0 88,785
SCHWAB STRATEGIC TR US BRD MKT ETF 808524102 1,624 35,530 SH   DFND 0 0 35,530
SCRIPPS NETWORKS INTERACT IN CL A COM 811065101 290 3,815 SH   DFND 0 0 3,815
SEAGATE TECHNOLOGY PLC SHS G7945M107 289 5,161 SH   DFND 0 0 5,161
SELECT SECTOR SPDR TR SBI INT-FINL 81369Y605 307 13,723 SH   DFND 0 0 13,723
SIGMA ALDRICH CORP COM 826552101 575 6,165 SH   DFND 0 0 6,165
SOUTHWESTERN ENERGY CO COM 845467109 244 5,300 SH   DFND 0 0 5,300
SPDR GOLD TRUST GOLD SHS 78463V107 500 4,044 SH   DFND 0 0 4,044
SPDR INDEX SHS FDS S&P EMKTSC ETF 78463X756 801 17,049 SH   DFND 0 0 17,049
SPDR S&P 500 ETF TR TR UNIT 78462F103 359 1,924 SH   DFND 0 0 1,924
SPDR SERIES TRUST BRC HGH YLD BD 78464A417 340 8,200 SH   DFND 0 0 8,200
SPECTRA ENERGY CORP COM 847560109 1,081 29,254 SH   DFND 0 0 29,254
STANLEY BLACK & DECKER INC COM 854502101 509 6,278 SH   DFND 0 0 6,278
STARBUCKS CORP COM 855244109 627 8,538 SH   DFND 0 0 8,538
STARWOOD HOTELS&RESORTS WRLD COM 85590A401 293 3,683 SH   DFND 0 0 3,683
STEEL DYNAMICS INC NOTE 5.125% 6/1 858119AP5 18 18,000 PRN   DFND 0 0 18,000
STERICYCLE INC COM 858912108 593 5,230 SH   DFND 0 0 5,230
STRYKER CORP COM 863667101 975 11,978 SH   DFND 0 0 11,978
SUNTRUST BKS INC COM 867914103 389 9,754 SH   DFND 0 0 9,754
SUPERVALU INC COM 868536103 274 40,000 SH   DFND 0 0 40,000
SUSSER PETE PARTNERS LP COM U REP LP 869239103 291 8,253 SH   DFND 0 0 8,253
SYSCO CORP COM 871829107 222 6,177 SH   DFND 0 0 6,177
TARGET CORP COM 87612E106 344 5,677 SH   DFND 0 0 5,677
TELEFLEX INC NOTE 3.875% 8/0 879369AA4 50 29,000 PRN   DFND 0 0 29,000
TESLA MTRS INC COM 88160R101 236 1,129 SH   DFND 0 0 1,129
TEVA PHARMACEUTICAL FIN LLC DBCV 0.250% 2/0 88163VAE9 19 17,000 PRN   DFND 0 0 17,000
TEXAS INSTRS INC COM 882508104 290 6,134 SH   DFND 0 0 6,134
TOTAL S A SPONSORED ADR 89151E109 305 4,636 SH   DFND 0 0 4,636
TOWERS WATSON & CO CL A 891894107 255 2,231 SH   DFND 0 0 2,231
TRANSDIGM GROUP INC COM 893641100 206 1,092 SH   DFND 0 0 1,092
TRAVELERS COMPANIES INC COM 89417E109 212 2,481 SH   DFND 0 0 2,481
TRIMBLE NAVIGATION LTD COM 896239100 1,096 28,103 SH   DFND 0 0 28,103
TTM TECHNOLOGIES INC NOTE 3.250% 5/1 87305RAC3 18 18,000 PRN   DFND 0 0 18,000
TWENTY FIRST CENTY FOX INC CL A 90130A101 240 7,527 SH   DFND 0 0 7,527
UBS AG JERSEY BRH CMCI ETN 38 902641778 666 31,338 SH   DFND 0 0 31,338
UNDER ARMOUR INC CL A 904311107 2,382 20,840 SH   DFND 0 0 20,840
UNILEVER PLC SPON ADR NEW 904767704 669 15,667 SH   DFND 0 0 15,667
UNION PAC CORP COM 907818108 351 1,868 SH   DFND 0 0 1,868
UNITED STATES STL CORP NEW NOTE 2.750% 4/0 912909AH1 13 11,000 PRN   DFND 0 0 11,000
UNITED TECHNOLOGIES CORP COM 913017109 557 4,765 SH   DFND 0 0 4,765
UNITEDHEALTH GROUP INC COM 91324P102 330 4,036 SH   DFND 0 0 4,036
UNIVERSAL DISPLAY CORP COM 91347P105 606 19,000 SH   DFND 0 0 19,000
VALERO ENERGY PARTNERS LP COM UNT REP LP 91914J102 351 8,850 SH   DFND 0 0 8,850
VANGUARD INDEX FDS REIT ETF 922908553 228 3,233 SH   DFND 0 0 3,233
VANGUARD SCOTTSDALE FDS SHRT TRM CORP BD 92206C409 318 3,987 SH   DFND 0 0 3,987
VANGUARD SPECIALIZED PORTFOL DIV APP ETF 921908844 310 4,120 SH   DFND 0 0 4,120
VANGUARD WORLD FD EXTENDED DUR 921910709 292 2,950 SH   DFND 0 0 2,950
VERISK ANALYTICS INC CL A 92345Y106 463 7,738 SH   DFND 0 0 7,738
VERIZON COMMUNICATIONS INC COM 92343V104 4,680 98,157 SH   DFND 0 0 98,157
VISA INC COM CL A 92826C839 1,466 6,772 SH   DFND 0 0 6,772
VOLCANO CORPORATION NOTE 1.750%12/0 928645AB6 18 18,000 PRN   DFND 0 0 18,000
VULCAN MATLS CO COM 929160109 266 4,000 SH   DFND 0 0 4,000
W P CAREY INC COM 92936U109 423 7,050 SH   DFND 0 0 7,050
WABASH NATL CORP NOTE 3.375% 5/0 929566AH0 23 17,000 PRN   DFND 0 0 17,000
WABTEC CORP COM 929740108 333 4,312 SH   DFND 0 0 4,312
WAL-MART STORES INC COM 931142103 752 9,794 SH   DFND 0 0 9,794
WASTE CONNECTIONS INC COM 941053100 757 17,243 SH   DFND 0 0 17,243
WATERS CORP COM 941848103 432 3,977 SH   DFND 0 0 3,977
WELLS FARGO & CO NEW COM 949746101 1,615 32,422 SH   DFND 0 0 32,422
WHOLE FOODS MKT INC COM 966837106 397 7,834 SH   DFND 0 0 7,834
WILLIAMS COS INC DEL COM 969457100 904 22,359 SH   DFND 0 0 22,359
WISDOMTREE TR EMG MKTS SMCAP 97717W281 203 4,357 SH   DFND 0 0 4,357
WYNN RESORTS LTD COM 983134107 361 1,628 SH   DFND 0 0 1,628
XILINX INC NOTE 2.625% 6/1 983919AF8 37 19,000 PRN   DFND 0 0 19,000
YUM BRANDS INC COM 988498101 486 6,444 SH   DFND 0 0 6,444