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
AbbVie Inc. Common 00287Y109 29,620 500 SH   DFND 2 0 500 0
AbbVie Inc. Common 00287Y109 4,431,152 74,800 SH   DFND 2 74,800 0 0
Affymetrix, Inc. Common 00826T108 16,144 1,600 SH   DFND 2 0 1,600 0
Affymetrix, Inc. Common 00826T108 1,709,246 169,400 SH   DFND 2 169,400 0 0
Alerian MLP Common 00162Q866 7,230 600 SH   DFND 1 0 600 0
Allergan plc Common G0177J108 2,750,000 8,800 SH   DFND 2 8,800 0 0
AllianceBernstein Holdings LP Unit Ltd. Common 01881G106 23,850 1,000 SH   DFND 1 0 1,000 0
AllianceBernstein Holdings LP Unit Ltd. Common 01881G106 35,775 1,500 SH   DFND 1 1,500 0 0
Ambac Financial Group, Inc. Common 023139884 42,270 3,000 SH   DFND 2 0 3,000 0
Ambac Financial Group, Inc. Common 023139884 2,401,302 170,426 SH   DFND 2 170,426 0 0
Anadarko Petroleum Corporation Common 032511107 2,905,084 59,800 SH   DFND 2 59,800 0 0
Anadarko Petroleum Corporation Common 032511107 9,737,861 200,450 SH   DFND 2 0 200,450 0
Anadarko Petroleum Corporation Common 032511107 344,918 7,100 SH   DFND 1 0 7,100 0
Anadarko Petroleum Corporation Common 032511107 430,419 8,860 SH   DFND 1 8,860 0 0
Anchor Bancorp Common 032838104 129,450 5,000 SH   DFND 1 0 5,000 0
Anchor Bancorp Common 032838104 187,703 7,250 SH   DFND 1 7,250 0 0
Antero Resources Corporation Common 03674X106 4,360,000 200,000 SH   DFND 2 0 200,000 0
Apple Inc. Common 037833100 2,526,240 24,000 SH   DFND 2 24,000 0 0
Apple Inc. Common 037833100 55,262 525 SH   DFND 1 0 525 0
Apple Inc. Common 037833100 55,262 525 SH   DFND 1 525 0 0
AT&T Inc. Common 00206R102 93,767 2,725 SH   DFND 1 2,725 0 0
Bank Nova Scotia Halifax Common 064149107 16,176 400 SH   DFND 1 0 400 0
Cabot Oil & Gas Corporation Common 127097103 7,783,600 440,000 SH   DFND 2 0 440,000 0
Canadian Natural Resources Ltd. Common 136385101 8,758,241 401,000 SH   DFND 2 0 401,000 0
Canadian Natural Resources Ltd. Common 136385101 300,163 13,750 SH   DFND 1 0 13,750 0
Canadian Natural Resources Ltd. Common 136385101 406,038 18,600 SH   DFND 1 18,600 0 0
Capitol Federal Financial, Inc. Common 14057J101 25,120 2,000 SH   DFND 2 0 2,000 0
Capitol Federal Financial, Inc. Common 14057J101 8,548,336 680,600 SH   DFND 2 680,600 0 0
Capitol Federal Financial, Inc. Common 14057J101 50,240 4,000 SH   DFND 1 0 4,000 0
Capitol Federal Financial, Inc. Common 14057J101 72,848 5,800 SH   DFND 1 5,800 0 0
Check Cap Ltd. Common M2361E112 3,780 2,000 SH   DFND 2 0 2,000 0
Check Cap Ltd. Common M2361E112 302,156 159,871 SH   DFND 2 159,871 0 0
Check Cap Ltd. @7.50 Exp. 2/28/20 Common M2361E120 495,443 66,059 SH   DFND 2 66,059 0 0
Chemours Co. Common 163851108 3,430 640 SH   DFND 1 0 640 0
Chemours Co. Common 163851108 3,858 720 SH   DFND 1 720 0 0
Chevron Corporation Common 166764100 5,937,360 66,000 SH   DFND 2 0 66,000 0
China Ceramics Co. Ltd. Common G2113X100 370,030 377,582 SH   DFND 2 377,582 0 0
Cimarex Energy Co. Common 171798101 8,938,000 100,000 SH   DFND 2 0 100,000 0
Coca Cola Inc. Common 191216100 249,168 5,800 SH   DFND 1 5,800 0 0
Concho Resources Inc. Common 20605P101 10,214,600 110,000 SH   DFND 2 0 110,000 0
Colony Financial Inc. Common 19624R106 19,480 1,000 SH   DFND 1 0 1,000 0
Cobalt International Energy, Inc. Common 19075F106 2,700,000 500,000 SH   DFND 2 0 500,000 0
Community Healthcare Trust Incorporated Common 20369C106 737,200 40,000 SH   DFND 2 40,000 0 0
Continental Resources, Inc. Common 212015101 3,447,000 150,000 SH   DFND 2 0 150,000 0
Cousins Properties Inc. Common 222795106 126,626 13,428 SH   DFND 1 0 13,428 0
Delta Air Lines, Inc. Common 247361702 1,013,800 20,000 SH   DFND 2 20,000 0 0
Devon Energy Corp. Common 25179M103 7,040,000 220,000 SH   DFND 2 0 220,000 0
Dow Chemical Company Common 260543103 41,184 800 SH   DFND 1 0 800 0
Du Pont E I De Nemours & Co. Common 263534109 213,120 3,200 SH   DFND 1 0 3,200 0
Du Pont E I De Nemours & Co. Common 263534109 233,100 3,500 SH   DFND 1 3,500 0 0
Eagle Materials Inc. Common 26969P108 13,778 228 SH   DFND 1 0 228 0
Eli Lilly & Co. Common 532457108 25,278 300 SH   DFND 1 0 300 0
Entegra Financial Corp. Common 29363J108 580,737 30,000 SH   DFND 2 30,000 0 0
Entegra Financial Corp. Common 29363J108 183,900 9,500 SH   DFND 1 0 9,500 0
Entegra Financial Corp. Common 29363J108 140,345 7,250 SH   DFND 1 7,250 0 0
Flamel Technologies S.A. Common 338488109 1,215,957 99,587 SH   DFND 2 99,587 0 0
FNB Corporation Common 302520101 118,793 8,905 SH   DFND 1 0 8,905 0
FutureFuel Corporation Common 36116M106 6,750 500 SH   DFND 2 0 500 0
FutureFuel Corporation Common 36116M106 739,854 54,804 SH   DFND 2 54,804 0 0
General Electric Common 369604103 37,380 1,200 SH   DFND 1 0 1,200 0
General Electric Common 369604103 108,402 3,480 SH   DFND 1 3,480 0 0
Gilead Sciences, Inc. Common 375558103 300,534 2,970 SH   DFND 2 2,970 0 0
GlaxoSmithKline plc Common 37733W105 911,910 22,600 SH   DFND 2 22,600 0 0
Gulfport Energy Corporation Common 402635304 6,633,900 270,000 SH   DFND 2 0 270,000 0
Halliburton Company Common 406216101 5,957,000 175,000 SH   DFND 2 0 175,000 0
Hancock Fabrics, Inc. Common 409900107 1,944 32,138 SH   DFND 2 32,138 0 0
Hess Corporation Common 42809H107 9,211,200 190,000 SH   DFND 2 0 190,000 0
Hospitality Properties Trust Common 44106M102 26,150 1,000 SH   DFND 1 0 1,000 0
International Business Machines Corp Common 459200101 589,564 4,284 SH   DFND 1 0 4,284 0
Iridium Communications, Inc. Common 46269C102 16,820 2,000 SH   DFND 2 0 2,000 0
Iridium Communications, Inc. Common 46269C102 2,842,580 338,000 SH   DFND 2 338,000 0 0
JP Morgan Chase & Co. Common 46625H100 581,064 8,800 SH   DFND 1 0 8,800 0
JP Morgan Chase & Co. Common 46625H100 940,928 14,250 SH   DFND 1 14,250 0 0
Johnson & Johnson Common 478160104 225,984 2,200 SH   DFND 1 0 2,200 0
Johnson & Johnson Common 478160104 521,818 5,080 SH   DFND 1 5,080 0 0
Ligand Pharmaceuticals Incorporated Common 53220K504 180,628 1,666 SH   DFND 2 0 1,666 0
Ligand Pharmaceuticals Incorporated Common 53220K504 129,698,184 1,196,257 SH   DFND 2 1,196,257 0 0
Ligand Pharmaceuticals Incorporated Common 53220K504 199,818 1,843 SH   DFND 1 0 1,843 0
Macquarie Infrastructure Common 55608B105 239,580 3,300 SH   DFND 1 3,300 0 0
Medtronics Inc. Common G5960L103 80,766 1,050 SH   DFND 1 0 1,050 0
Merck & Co., Inc. Common 58933Y105 232,408 4,400 SH   DFND 2 4,400 0 0
Merck & Co., Inc. Common 58933Y105 26,410 500 SH   DFND 1 0 500 0
Merck & Co., Inc. Common 58933Y105 42,256 800 SH   DFND 1 800 0 0
Microsoft Corporation Common 594918104 3,736,578 67,350 SH   DFND 2 67,350 0 0
Microsoft Corporation Common 594918104 55,480 1,000 SH   DFND 1 0 1,000 0
Microsoft Corporation Common 594918104 22,192 400 SH   DFND 1 400 0 0
Mondelez Int'l Inc. Common 609207105 134,520 3,000 SH   DFND 1 0 3,000 0
Mondelez Int'l Inc. Common 609207105 130,036 2,900 SH   DFND 1 2,900 0 0
Noble Energy, Inc. Common 655044105 9,220,400 280,000 SH   DFND 2 0 280,000 0
Och-Ziff Captial Management Group Common 67551U105 12,460 2,000 SH   DFND 1 2,000 0 0
Oritani Financial Corp Common 68633D103 33,000 2,000 SH   DFND 1 0 2,000 0
Oritani Financial Corp Common 68633D103 95,700 5,800 SH   DFND 1 5,800 0 0
Peoples United Financial Common 712704105 24,225 1,500 SH   DFND 1 0 1,500 0
Pfizer Inc. Common 717081103 87,156 2,700 SH   DFND 2 0 2,700 0
Pfizer Inc. Common 717081103 29,299,781 907,676 SH   DFND 2 907,676 0 0
Pfizer Inc. Common 717081103 839,280 26,000 SH   DFND 1 0 26,000 0
Pfizer Inc. Common 717081103 1,904,520 59,000 SH   DFND 1 59,000 0 0
Physicians Realty Trust Common 71943U104 772,188 45,800 SH   DFND 2 45,800 0 0
Pioneer Natural Resources Company Common 723787107 10,657,300 85,000 SH   DFND 2 0 85,000 0
QLT Inc. Common 746927102 1,452,163 545,926 SH   DFND 2 545,926 0 0
RMR Group Inc. Common 74967R106 230 16 SH   DFND 1 0 16 0
Rand Logistics, Inc. Common 752182105 1,440 900 SH   DFND 2 0 900 0
Rand Logistics, Inc. Common 752182105 1,399,096 874,435 SH   DFND 2 874,435 0 0
Range Resources Corporation Common 75281A109 5,783,350 235,000 SH   DFND 2 0 235,000 0
Ryman Hospitality Pptys Inc. Common 78377T107 20,656 400 SH   DFND 1 400 0 0
Schlumberger Limited Common 806857108 7,323,750 105,000 SH   DFND 2 0 105,000 0
SM Energy Company Common 78454L100 5,308,200 270,000 SH   DFND 2 0 270,000 0
Southwestern Energy Company Common 845467109 8,709,750 1,225,000 SH   DFND 2 0 1,225,000 0
Standard Financial Corp. Common 853393106 510,000 20,000 SH   DFND 2 20,000 0 0
Starwood Ppty Inc. Common 85571B105 8,224 400 SH   DFND 1 400 0 0
Sunshine Bancorp, Inc. Common 86777J108 304,000 20,000 SH   DFND 2 20,000 0 0
Sunshine Bancorp, Inc. Common 86777J108 30,400 2,000 SH   DFND 1 0 2,000 0
Sunshine Bancorp, Inc. Common 86777J108 88,160 5,800 SH   DFND 1 5,800 0 0
Synergy Pharmaceuticals, Inc. Common 871639308 866,943 152,900 SH   DFND 2 152,900 0 0
The Kraft Heinz Company Common 500754106 509,320 7,000 SH   DFND 2 7,000 0 0
The Kraft Heinz Company Common 500754106 135,697 1,865 SH   DFND 1 0 1,865 0
The Kraft Heinz Company Common 500754106 220,826 3,035 SH   DFND 1 3,035 0 0
TheStreet Inc. Common 88368Q103 160,800 107,200 SH   DFND 2 107,200 0 0
Total SA Sponsored ADR Common 89151E109 130,355 2,900 SH   DFND 1 0 2,900 0
Total SA Sponsored ADR Common 89151E109 106,082 2,360 SH   DFND 1 2,360 0 0
U.S. Silica Holdings, Inc. Common 90346E103 7,679,300 410,000 SH   DFND 2 0 410,000 0
Verizon Communications Inc. Common 92343V104 12,156 263 SH   DFND 1 0 263 0
Verizon Communications Inc. Common 92343V104 61,010 1,320 SH   DFND 1 1,320 0 0
Whiting Petroleum Corporation Common 966387102 4,059,200 430,000 SH   DFND 2 0 430,000 0