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
AMERICA MOVIL SAB DE CV SPON ADR L SHS 02364W105 143 137,360 SH   DFND 1 2 3 4 5 0 137,360 0
AMERICAN AIRLS GROUP INC COM 02376R102 2,751 64,032 SH   DFND 1 2 3 4 5 0 64,032 0
AMERICAN RLTY CAP PPTYS INC NOTE 3.000% 8/0 02917TAA2 18,498 17,950,000 PRN   DFND 1 2 3 4 5 0 0 0
AMGEN INC COM 031162100 11,837 100,000 SH   DFND 1 2 3 4 5 0 100,000 0
ANADARKO PETE CORP COM 032511107 3,996 36,500 SH   DFND 1 2 3 4 5 0 36,500 0
APACHE CORP COM 037411105 15,093 150,000 SH Call DFND 1 2 3 4 5 0 150,000 0
APACHE CORP COM 037411105 10,062 100,000 SH Put DFND 1 2 3 4 5 0 100,000 0
APOLLO GLOBAL MGMT LLC CL A SHS 037612306 5,053 182,300 SH   DFND 1 2 3 4 5 0 182,300 0
ARIAD PHARMACEUTICALS INC COM 04033A100 6,370 1,000,000 SH   DFND 1 2 3 4 5 0 1,000,000 0
AVIANCA HLDGS SA SPON ADR REP PFD 05367G100 5,584 347,942 SH   DFND 1 2 3 4 5 0 347,942 0
BHP BILLITON LTD SPONSORED ADR 088606108 51,088 754,071 SH   DFND 1 2 3 4 5 0 754,071 0
BHP BILLITON PLC SPONSORED ADR 05545E209 1,034 15,989 SH   DFND 1 2 3 4 5 0 15,989 0
CABLEVISION SYS CORP CL A NY CABLVS 12686C109 574 32,500 SH   DFND 1 2 3 4 5 0 32,500 0
CARNIVAL PLC ADR 14365C103 472 12,470 SH   DFND 1 2 3 4 5 0 12,470 0
CATERPILLAR INC DEL COM 149123101 13,584 125,000 SH Put DFND 1 2 3 4 5 0 125,000 0
CEMENTOS PACASMAYO S A A SPON ADR REP 5 15126Q109 84 49,835 SH   DFND 1 2 3 4 5 0 49,835 0
CEMEX SAB DE CV NOTE 3.250% 3/1 151290BB8 43,952 30,000,000 PRN   DFND 1 2 3 4 5 0 0 0
CEMEX SAB DE CV NOTE 3.750% 3/1 151290BC6 23,878 15,609,000 PRN   DFND 1 2 3 4 5 0 0 0
CITIGROUP INC COM NEW 172967424 31,694 672,900 SH   DFND 1 2 3 4 5 0 672,900 0
CITIGROUP INC COM NEW 172967424 9,420 200,000 SH Call DFND 1 2 3 4 5 0 200,000 0
COMMUNITY HEALTH SYS INC NEW RIGHT 01/27/2016 203668116 161 2,500,000 SH   DFND 1 2 3 4 5 0 2,500,000 0
CREDICORP LTD COM G2519Y108 5,083 32,693 SH   DFND 1 2 3 4 5 0 32,693 0
CUBIST PHARMACEUTICALS INC COM 229678107 6,982 100,000 SH   DFND 1 2 3 4 5 0 100,000 0
D R HORTON INC COM 23331A109 379 15,414 SH   DFND 1 2 3 4 5 0 15,414 0
DEVON ENERGY CORP NEW COM 25179M103 6,749 85,000 SH   DFND 1 2 3 4 5 0 85,000 0
E M C CORP MASS COM 268648102 13,170 500,000 SH Call DFND 1 2 3 4 5 0 500,000 0
EASTMAN CHEM CO COM 277432100 2,193 25,107 SH   DFND 1 2 3 4 5 0 25,107 0
EASTMAN CHEM CO COM 277432100 13,103 150,000 SH Call DFND 1 2 3 4 5 0 150,000 0
EBAY INC COM 278642103 7,509 150,000 SH Put DFND 1 2 3 4 5 0 150,000 0
EBAY INC COM 278642103 10,012 200,000 SH Call DFND 1 2 3 4 5 0 200,000 0
ENSCO PLC SHS CLASS A G3157S106 5,001 90,000 SH Call DFND 1 2 3 4 5 0 90,000 0
ETFS PALLADIUM TR SH BEN INT 26923A106 575 7,000 SH   DFND 1 2 3 4 5 0 7,000 0
FIDELITY NATIONAL FINANCIAL NOTE 4.250% 8/1 31620RAE5 44,779 26,980,000 PRN   DFND 1 2 3 4 5 0 0 0
FORD MTR CO DEL NOTE 4.250%11/1 345370CN8 14,050 7,000,000 PRN   DFND 1 2 3 4 5 0 0 0
FOREST LABS INC COM 345838106 32,670 330,000 SH   DFND 1 2 3 4 5 0 330,000 0
FORTINET INC COM 34959E109 1,508 60,000 SH   DFND 1 2 3 4 5 0 60,000 0
FORTINET INC COM 34959E109 6,283 250,000 SH Put DFND 1 2 3 4 5 0 250,000 0
FOSTER WHEELER AG COM H27178104 32,170 944,218 SH   DFND 1 2 3 4 5 0 944,218 0
FREEPORT-MCMORAN COPPER & GO COM 35671D857 3,388 92,824 SH   DFND 1 2 3 4 5 0 92,824 0
FREEPORT-MCMORAN COPPER & GO COM 35671D857 9,125 250,000 SH Put DFND 1 2 3 4 5 0 250,000 0
FRESH MKT INC COM 35804H106 335 10,000 SH   DFND 1 2 3 4 5 0 10,000 0
GENERAL MTRS CO COM 37045V100 50,831 1,400,292 SH   DFND 1 2 3 4 5 0 1,400,292 0
GILEAD SCIENCES INC NOTE 1.625% 5/0 375558AP8 19,161 5,250,000 PRN   DFND 1 2 3 4 5 0 0 0
GOLDCORP INC NEW NOTE 2.000% 8/0 380956AB8 18,575 18,400,000 PRN   DFND 1 2 3 4 5 0 0 0
GOODRICH PETE CORP COM NEW 382410405 2,070 75,000 SH   DFND 1 2 3 4 5 0 75,000 0
GRAN TIERRA ENERGY INC COM 38500T101 1,198 147,500 SH   DFND 1 2 3 4 5 0 147,500 0
GRANA Y MONTERO S A A SPONSORED ADR 38500P208 1,971 109,206 SH   DFND 1 2 3 4 5 0 109,206 0
HALLIBURTON CO COM 406216101 3,544 49,898 SH   DFND 1 2 3 4 5 0 49,898 0
HALLIBURTON CO COM 406216101 7,101 100,000 SH Put DFND 1 2 3 4 5 0 100,000 0
HEICO CORP NEW CL A 422806208 1,412 34,776 SH   DFND 1 2 3 4 5 0 34,776 0
HESS CORP COM 42809H107 3,000 30,340 SH   DFND 1 2 3 4 5 0 30,340 0
HUDSON CITY BANCORP COM 443683107 17,203 1,750,000 SH   DFND 1 2 3 4 5 0 1,750,000 0
HUNTSMAN CORP COM 447011107 688 24,500 SH   DFND 1 2 3 4 5 0 24,500 0
HUNTSMAN CORP COM 447011107 7,025 250,000 SH Put DFND 1 2 3 4 5 0 250,000 0
IDENIX PHARMACEUTICALS INC COM 45166R204 6,025 250,001 SH   DFND 1 2 3 4 5 0 250,001 0
ILLUMINA INC COM 452327109 2,188 12,256 SH   DFND 1 2 3 4 5 0 12,256 0
INTEL CORP SDCV 3.250% 8/0 458140AF7 21,957 14,100,000 PRN   DFND 1 2 3 4 5 0 0 0
ISIS PHARMACEUTICALS INC COM 464330109 5,168 150,000 SH   DFND 1 2 3 4 5 0 150,000 0
ITAU UNIBANCO HLDG SA SPON ADR REP PFD 465562106 3,712 258,174 SH   DFND 1 2 3 4 5 0 258,174 0
JARDEN CORP NOTE 1.875% 9/1 471109AH1 74,972 54,016,000 PRN   DFND 1 2 3 4 5 0 0 0
KOHLS CORP COM 500255104 1,713 32,514 SH   DFND 1 2 3 4 5 0 32,514 0
LAM RESEARCH CORP COM 512807108 7,248 107,251 SH   DFND 1 2 3 4 5 0 107,251 0
LAM RESEARCH CORP COM 512807108 10,137 150,000 SH Put DFND 1 2 3 4 5 0 150,000 0
LAREDO PETROLEUM INC COM 516806106 2,466 79,599 SH   DFND 1 2 3 4 5 0 79,599 0
LENNAR CORP CL A 526057104 380 9,060 SH   DFND 1 2 3 4 5 0 9,060 0
LIBERTY GLOBAL PLC SHS CL C G5480U120 883 20,862 SH   DFND 1 2 3 4 5 0 20,862 0
LINNCO LLC COMSHS LTD INT 535782106 601 19,200 SH   DFND 1 2 3 4 5 0 19,200 0
MARATHON OIL CORP COM 565849106 7,984 200,000 SH Call DFND 1 2 3 4 5 0 200,000 0
MARVELL TECHNOLOGY GROUP LTD ORD G5876H105 7,165 500,000 SH Call DFND 1 2 3 4 5 0 500,000 0
MICRON TECHNOLOGY INC NOTE 2.375% 5/0 595112AW3 7,731 2,250,000 PRN   DFND 1 2 3 4 5 0 0 0
MICRON TECHNOLOGY INC NOTE 3.125% 5/0 595112AX1 6,695 2,000,000 PRN   DFND 1 2 3 4 5 0 0 0
NATIONAL WESTMINSTER BK PLC SPON ADR C 638539882 617 23,515 SH   DFND 1 2 3 4 5 0 23,515 0
NEWS CORP NEW CL B 65249B208 24,393 1,397,902 SH   DFND 1 2 3 4 5 0 1,397,902 0
NORTHSTAR RLTY FIN CORP COM 66704R100 2,607 150,000 SH   DFND 1 2 3 4 5 0 150,000 0
OREXIGEN THERAPEUTICS INC COM 686164104 4,079 660,040 SH   DFND 1 2 3 4 5 0 660,040 0
PALO ALTO NETWORKS INC COM 697435105 2,557 30,500 SH   DFND 1 2 3 4 5 0 30,500 0
PENN VA CORP COM 707882106 1,271 75,000 SH   DFND 1 2 3 4 5 0 75,000 0
PRICELINE GRP INC DEBT 1.000% 3/1 741503AQ9 2,417 1,700,000 PRN   DFND 1 2 3 4 5 0 0 0
PRICELINE GRP INC NOTE 0.350% 6/1 741503AS5 10,114 8,500,000 PRN   DFND 1 2 3 4 5 0 0 0
PROSPECT CAPITAL CORPORATION NOTE 5.750% 3/1 74348TAL6 19,427 18,000,000 PRN   DFND 1 2 3 4 5 0 0 0
PROSPECT CAPITAL CORPORATION NOTE 5.875% 1/1 74348TAM4 6,514 6,000,000 PRN   DFND 1 2 3 4 5 0 0 0
PULTE GROUP INC COM 745867101 373 18,495 SH   DFND 1 2 3 4 5 0 18,495 0
REALOGY HLDGS CORP COM 75605Y106 4,148 110,000 SH   DFND 1 2 3 4 5 0 110,000 0
ROCKWOOD HLDGS INC COM 774415103 2,287 30,100 SH   DFND 1 2 3 4 5 0 30,100 0
ROSETTA RESOURCES INC COM 777779307 952 17,357 SH   DFND 1 2 3 4 5 0 17,357 0
ROYAL BK SCOTLAND GROUP PLC SP ADR PREF T 780097713 597 23,630 SH   DFND 1 2 3 4 5 0 23,630 0
ROYAL GOLD INC COM 780287108 533 7,000 SH   DFND 1 2 3 4 5 0 7,000 0
SALESFORCE COM INC COM 79466L302 282 4,861 SH   DFND 1 2 3 4 5 0 4,861 0
SANDISK CORP NOTE 1.500% 8/1 80004CAD3 100,890 49,110,000 PRN   DFND 1 2 3 4 5 0 0 0
SEACOR HOLDINGS INC NOTE 2.500%12/1 811904AM3 24,894 21,570,000 PRN   DFND 1 2 3 4 5 0 0 0
SEADRILL LIMITED SHS G7945E105 5,993 150,000 SH Put DFND 1 2 3 4 5 0 150,000 0
SEADRILL LIMITED SHS G7945E105 1,025 25,650 SH   DFND 1 2 3 4 5 0 25,650 0
SHIP FINANCE INTERNATIONAL L NOTE 3.250% 2/0 G81075AE6 1,141 1,000,000 PRN   DFND 1 2 3 4 5 0 0 0
SHIP FINANCE INTERNATIONAL L SHS G81075106 1,697 91,300 SH   DFND 1 2 3 4 5 0 91,300 0
SPDR GOLD TRUST GOLD SHS 78463V107 1,921 15,000 SH   DFND 1 2 3 4 5 0 15,000 0
SPIRIT RLTY CAP INC NEW NOTE 2.875% 5/1 84860WAA0 29,933 29,800,000 PRN   DFND 1 2 3 4 5 0 0 0
STARWOOD PPTY TR INC NOTE 4.000% 1/1 85571BAB1 36,080 30,850,000 PRN   DFND 1 2 3 4 5 0 0 0
STERLITE INDS INDIA LTD NOTE 4.000%10/3 859737AB4 12,094 12,000,000 PRN   DFND 1 2 3 4 5 0 0 0
STILLWATER MNG CO NOTE 1.750%10/1 86074QAL6 10,081 6,850,000 PRN   DFND 1 2 3 4 5 0 0 0
STONEGATE MTG CORP COM 86181Q300 11,512 825,215 SH   DFND 1 2 3 4 5 0 825,215 0
TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADR 874039100 8,080 377,755 SH   DFND 1 2 3 4 5 0 377,755 0
TELEFLEX INC NOTE 3.875% 8/0 879369AA4 128,956 72,711,000 PRN   DFND 1 2 3 4 5 0 0 0
TERNIUM SA SPON ADR 880890108 3,521 126,081 SH   DFND 1 2 3 4 5 0 126,081 0
TESLA MTRS INC COM 88160R101 145 604 SH   DFND 1 2 3 4 5 0 604 0
TESLA MTRS INC NOTE 0.250% 3/0 88160RAB7 16,894 17,300,000 PRN   DFND 1 2 3 4 5 0 0 0
TESLA MTRS INC NOTE 1.500% 6/0 88160RAA9 10,841 5,350,000 PRN   DFND 1 2 3 4 5 0 0 0
TIME WARNER CABLE INC COM 88732J207 10,364 70,361 SH   DFND 1 2 3 4 5 0 70,361 0
TOLL BROTHERS INC COM 889478103 374 10,131 SH   DFND 1 2 3 4 5 0 10,131 0
TWENTY FIRST CENTY FOX INC CL B 90130A200 188,181 5,497,539 SH   DFND 1 2 3 4 5 0 5,497,539 0
UNITED MICROELECTRONICS CORP SPON ADR NEW 910873405 5,348 2,219,238 SH   DFND 1 2 3 4 5 0 2,219,238 0
UNITED THERAPEUTICS CORP DEL NOTE 1.000% 9/1 91307CAF9 3,966 2,100,000 PRN   DFND 1 2 3 4 5 0 0 0
UR ENERGY INC COM 91688R108 3,012 2,642,296 SH   DFND 1 2 3 4 5 0 2,642,296 0
URANERZ ENERGY CORP COM 91688T104 1,818 1,228,181 SH   DFND 1 2 3 4 5 0 1,228,181 0
URANIUM ENERGY CORP COM 916896103 1,186 760,000 SH   DFND 1 2 3 4 5 0 760,000 0
URANIUM RES INC COM PAR$0.001NEW 916901606 35 13,673 SH   DFND 1 2 3 4 5 0 13,673 0
VALE S A ADR 91912E105 148 11,200 SH   DFND 1 2 3 4 5 0 11,200 0
VALE S A ADR REPSTG PFD 91912E204 1,623 136,412 SH   DFND 1 2 3 4 5 0 136,412 0
VIACOM INC NEW CL A 92553P102 10,993 126,724 SH   DFND 1 2 3 4 5 0 126,724 0
VIVUS INC COM 928551100 2,639 496,000 SH   DFND 1 2 3 4 5 0 496,000 0
WELLPOINT INC NOTE 2.750%10/1 94973VBG1 117,174 75,990,000 PRN   DFND 1 2 3 4 5 0 0 0
WHOLE FOODS MKT INC COM 966837106 3,863 100,000 SH   DFND 1 2 3 4 5 0 100,000 0
WRIGHT MED GROUP INC NOTE 2.000% 8/1 98235TAC1 10,388 7,500,000 PRN   DFND 1 2 3 4 5 0 0 0
ZIMMER HLDGS INC COM 98956P102 2,648 25,500 SH   DFND 1 2 3 4 5 0 25,500 0