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 COMPANY COM 88579y101 475 2,165 SH   SOLE   0 0 2,165
A T & T INC COM 00206r102 1,163 32,636 SH   SOLE   0 0 32,636
ACHILLION PHARMA INC COM 00448q201 145 39,000 SH   SOLE   0 0 39,000
AIMMUNE THERAPEUTICS INC COM COM 00900T107 2,636 82,800 SH   SOLE   0 0 82,800
AIR PROD & CHEMICALS COM 009158106 392 2,467 SH   SOLE   0 0 2,467
AIR TRANS SVCS GROUP COM 00922r105 661 28,350 SH   SOLE   0 0 28,350
ALPHABET INC. CLASS A COM 02079k305 3,750 3,616 SH   SOLE   0 0 3,616
ALPHABET INC. CLASS C COM 02079k107 4,109 3,982 SH   SOLE   0 0 3,982
ALTRIA GROUP INC COM 02209S103 785 12,600 SH   SOLE   0 0 12,600
AMAZON COM INC COM 023135106 1,158 800 SH   SOLE   0 0 800
AMERICAN EXPRESS CO COM 025816109 432 4,636 SH   SOLE   0 0 4,636
AMGEN INC. COM 031162100 1,257 7,371 SH   SOLE   0 0 7,371
ANALOG DEVICES INC COM 032654105 1,515 16,626 SH   SOLE   0 0 16,626
ANWORTH MTG AST CORP COM COM 037347101 1,605 334,300 SH   SOLE   0 0 334,300
APPLE INC COM 037833100 13,589 80,994 SH   SOLE   0 0 80,994
B G C PARTNERS CLASS A COM 05541t101 9,456 703,050 SH   SOLE   0 0 703,050
BANK OF AMERICA CORP COM 060505104 5,547 184,965 SH   SOLE   0 0 184,965
BERKSHIRE HATHAWAY CLASS B COM 084670702 945 4,735 SH   SOLE   0 0 4,735
BOEING COMPANY COM COM 097023105 247 752 SH   SOLE   0 0 752
BP PLC F SPONSORED ADR 1 ADR R COM 055622104 4,204 103,700 SH   SOLE   0 0 103,700
BRISTOL-MYERS SQUIBB COM 110122108 1,608 25,428 SH   SOLE   0 0 25,428
CALLIDUS SOFTWARE MANDATORY ME COM 13123e500 270 7,500 SH   SOLE   0 0 7,500
CANADIAN NATL RAILWY F COM 136375102 424 5,800 SH   SOLE   0 0 5,800
CATERPILLAR INC DEL COM 149123101 309 2,100 SH   SOLE   0 0 2,100
CELGENE CORP COM 151020104 2,162 24,230 SH   SOLE   0 0 24,230
CHARLES SCHWAB CORP COM 808513105 2,501 47,900 SH   SOLE   0 0 47,900
CHECK PT SOFTWARE F COM m22465104 3,347 33,696 SH   SOLE   0 0 33,696
CHEVRON CORPORATION COM 166764100 2,357 20,668 SH   SOLE   0 0 20,668
CITIGROUP INC COM 172967424 1,716 25,425 SH   SOLE   0 0 25,425
COCA COLA COMPANY COM 191216100 345 7,955 SH   SOLE   0 0 7,955
CONOCOPHILLIPS COM 20825c104 1,851 31,215 SH   SOLE   0 0 31,215
CONSTELLATION BRAND CLASS A COM 21036p108 901 3,955 SH   SOLE   0 0 3,955
DB GOLD DOUBLE LONG ETN DUE FE COM 25154H749 485 18,900 SH   SOLE   0 0 18,900
DUKE ENERGY CORP COM 26441c204 844 10,899 SH   SOLE   0 0 10,899
EAST WEST BANK SAN M COM 27579r104 1,205 19,275 SH   SOLE   0 0 19,275
EDWARDS LIFESCIENCES COM 28176e108 349 2,505 SH   SOLE   0 0 2,505
ELI LILLY & CO. COM 532457108 221 2,850 SH   SOLE   0 0 2,850
ENBRIDGE INC COM 29250N105 266 8,462 SH   SOLE   0 0 8,462
ENERGOUS CORP COM 29272c103 8,572 534,725 SH   SOLE   0 0 534,725
EQUIFAX INC COM 294429105 295 2,500 SH   SOLE   0 0 2,500
EURONAV NV F COM b38564108 3,217 392,300 SH   SOLE   0 0 392,300
EXXON MOBIL CORP COM 30231g102 1,051 14,093 SH   SOLE   0 0 14,093
FATE THERAPEUTICS COM 31189p102 288 29,490 SH   SOLE   0 0 29,490
FIBROGEN INC COM 31572q808 3,858 83,510 SH   SOLE   0 0 83,510
GENERAL DYNAMICS CO COM 369550108 442 2,000 SH   SOLE   0 0 2,000
GENERAL ELECTRIC CO COM 369604103 611 45,325 SH   SOLE   0 0 45,325
GILEAD SCIENCES INC COM 375558103 2,639 35,006 SH   SOLE   0 0 35,006
GOLDMAN SACHS GROUP INC COM 38141G104 369 1,466 SH   SOLE   0 0 1,466
HALLIBURTON CO HLDG COM 406216101 1,792 38,176 SH   SOLE   0 0 38,176
HALOZYME THERAPEUTIC COM 40637h109 3,196 163,150 SH   SOLE   0 0 163,150
HONEYWELL INTL INC COM 438516106 578 4,000 SH   SOLE   0 0 4,000
INTEL CORPORATION COM 458140100 2,150 41,282 SH   SOLE   0 0 41,282
INTERNATIONAL BUSINESS MACHS C COM 459200101 1,128 7,351 SH   SOLE   0 0 7,351
JOHNSON & JOHNSON COM 478160104 5,073 39,583 SH   SOLE   0 0 39,583
JPMORGAN CHASE & CO COM 46625H100 674 6,133 SH   SOLE   0 0 6,133
KARYOPHARM THERAPTIC COM 48576u106 3,073 228,990 SH   SOLE   0 0 228,990
KIMBERLY-CLARK CORP COM 494368103 619 5,620 SH   SOLE   0 0 5,620
KRAFT HEINZ COMPANY COM 500754106 1,046 16,799 SH   SOLE   0 0 16,799
LEXINGTON REALTY TR REIT COM 529043101 4,895 621,950 SH   SOLE   0 0 621,950
LOCKHEED MARTIN CORP COM 539830109 1,923 5,690 SH   SOLE   0 0 5,690
LOWES COS INC COM COM 548661107 424 4,836 SH   SOLE   0 0 4,836
MARATHON PETE CORP COM 56585a102 4,354 59,550 SH   SOLE   0 0 59,550
MERCK & CO INC COM 58933y105 2,876 52,795 SH   SOLE   0 0 52,795
MICROCHIP TECHNOLOGY COM 595017104 7,138 78,135 SH   SOLE   0 0 78,135
MICRON TECHNOLOGY COM 595112103 1,933 37,075 SH   SOLE   0 0 37,075
MICROSOFT CORP COM 594918104 710 7,781 SH   SOLE   0 0 7,781
MIDDLEBY CORP THE COM 596278101 248 2,000 SH   SOLE   0 0 2,000
MONDELEZ INTL CLASS A COM 609207105 1,517 36,346 SH   SOLE   0 0 36,346
MORGAN STANLEY COM 617446448 210 3,894 SH   SOLE   0 0 3,894
NETFLIX INC COM 64110l106 2,147 7,270 SH   SOLE   0 0 7,270
NEW RESIDENTIAL INVE REIT COM 64828t201 9,445 574,150 SH   SOLE   0 0 574,150
NEWMARK GROUP INC CL A COM 65158N102 2,301 151,500 SH   SOLE   0 0 151,500
NIKE INC CLASS B COM 654106103 311 4,675 SH   SOLE   0 0 4,675
NORTHROP GRUMMAN CORP COM 666807102 323 925 SH   SOLE   0 0 925
NVIDIA CORP COM 67066g104 1,580 6,822 SH   SOLE   0 0 6,822
New Sr Invt Group Inc COM 648691103 2,008 245,500 SH   SOLE   0 0 245,500
PEPSICO INCORPORATED COM 713448108 1,165 10,670 SH   SOLE   0 0 10,670
PFIZER INCORPORATED COM 717081103 1,888 53,204 SH   SOLE   0 0 53,204
PHILIP MORRIS INTL INC COM 718172109 843 8,476 SH   SOLE   0 0 8,476
PHILLIPS 66 COM 718546104 3,559 37,102 SH   SOLE   0 0 37,102
PROCTER & GAMBLE COM 742718109 801 10,106 SH   SOLE   0 0 10,106
PROTEOSTASIS THERAPE COM 74373b109 331 69,625 SH   SOLE   0 0 69,625
PUBLIC STORAGE REIT COM 74460d109 222 1,110 SH   SOLE   0 0 1,110
QUALCOMM INC COM 747525103 432 7,800 SH   SOLE   0 0 7,800
RAYTHEON CO COM 755111507 474 2,198 SH   SOLE   0 0 2,198
REDWOOD TRUST INC. REIT COM 758075402 2,044 132,117 SH   SOLE   0 0 132,117
RESONANT INC COM 76118l102 334 104,660 SH   SOLE   0 0 104,660
SCHLUMBERGER LTD COM COM 806857108 231 3,570 SH   SOLE   0 0 3,570
SHIP FINANCE INTL F COM g81075106 5,026 351,484 SH   SOLE   0 0 351,484
SPRAGUE RESOURCES LP LP COM 849343108 2,548 106,850 SH   SOLE   0 0 106,850
SRC ENERGY INC COM 78470v108 103 10,900 SH   SOLE   0 0 10,900
STANLEY BLACK & DECKER INC COM 854502101 316 2,064 SH   SOLE   0 0 2,064
STARBUCKS CORP COM 855244109 4,251 73,440 SH   SOLE   0 0 73,440
TEXAS INSTRUMENTS COM COM 882508104 1,149 11,056 SH   SOLE   0 0 11,056
TOCAGEN INC COM 888846102 177 14,949 SH   SOLE   0 0 14,949
U S BANCORP COM 902973304 673 13,332 SH   SOLE   0 0 13,332
UNITED TECHNOLOGIES CORP COM COM 913017109 438 3,482 SH   SOLE   0 0 3,482
UNIVERSAL DISPLAY CO COM 91347p105 422 4,175 SH   SOLE   0 0 4,175
VERIZON COMMUNICATN COM 92343v104 630 13,184 SH   SOLE   0 0 13,184
WABTEC COM 929740108 326 4,000 SH   SOLE   0 0 4,000
WALT DISNEY CO COM 254687106 995 9,903 SH   SOLE   0 0 9,903
WELLS FARGO BK N A COM 949746101 627 11,960 SH   SOLE   0 0 11,960
XILINX INC COM COM 983919101 238 3,300 SH   SOLE   0 0 3,300