Hollencrest Capital Management 13F-HR Quarterly holdings report by institutional manager

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
Expires:	Oct 31, 2018
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
1/100 BERKSHIRE HTWY CLA 100 S	COM	084990175	2,197	900	SH		SOLE		900	0	0
3M COMPANY	COM	88579y101	151	844	SH		SOLE		799	0	45
3M COMPANY	COM	88579y101	116	650	SH		OTR		0	0	650
A T & T INC	COM	00206r102	142	3,329	SH		SOLE		3,329	0	0
A T & T INC	COM	00206r102	127	2,995	SH		OTR		0	0	2,995
ABBOTT LABORATORIES	COM	002824100	50	1,305	SH		SOLE		1,305	0	0
ABBOTT LABORATORIES	COM	002824100	214	5,579	SH		OTR		0	0	5,579
ACADIA PHARMACEUTL	COM	004225108	231	8,000	SH		SOLE		8,000	0	0
ACADIA PHARMACEUTL	COM	004225108	46	1,585	SH		OTR		0	0	1,585
AIA GROUP LTD ORDF	COM	y002a1105	100	17,800	SH		SOLE		17,800	0	0
ALACER GOLD CORP F	COM	010679108	97	58,000	SH		SOLE		58,000	0	0
ALACER GOLD CORP F	COM	010679108	493	293,410	SH		OTR		0	0	293,410
ALPHABET INC. CLASS A	COM	02079k305	591	746	SH		SOLE		666	0	80
ALPHABET INC. CLASS A	COM	02079k305	778	982	SH		OTR		0	0	982
ALPHABET INC. CLASS C	COM	02079k107	926	1,200	SH		SOLE		1,200	0	0
ALPHABET INC. CLASS C	COM	02079k107	252	327	SH		OTR		0	0	327
ALTRIA GROUP INC	COM	02209s103	649	9,594	SH		SOLE		9,594	0	0
ALTRIA GROUP INC	COM	02209s103	1,042	15,415	SH		OTR		0	0	15,415
AMAZON COM INC	COM	023135106	973	1,297	SH		SOLE		1,043	0	254
AMAZON COM INC	COM	023135106	5,164	6,887	SH		OTR		0	0	6,887
AMERICAN INTL GROUP	COM	026874784	606	9,283	SH		SOLE		9,283	0	0
AMERICAN INTL GROUP	COM	026874784	0	1	SH		OTR		0	0	1
APOLLO INVESTMENT CORP	COM	03761u106	288	49,100	SH		SOLE		49,100	0	0
APOLLO INVESTMENT CORP	COM	03761u106	5	800	SH		OTR		0	0	800
APPLE INC	COM	037833100	1,776	15,335	SH		SOLE		15,265	0	70
APPLE INC	COM	037833100	1,409	12,169	SH		OTR		0	0	12,169
ARCONIC INC	COM	03965l100	0	1	SH		SOLE		1	0	0
ARCONIC INC	COM	03965l100	257	13,875	SH		OTR		0	0	13,875
ARRAY BIOPHARMA INC	COM	04269x105	1,244	141,470	SH		OTR		0	0	141,470
ARTPRICE.COM ORDF	COM	f0405c108	339	28,000	SH		OTR		0	0	28,000
Atomera Incorporated	COM	000000000	1,820	269,623	SH		OTR		0	0	269,623
BANK OF AMERICA CORP	COM	060505104	2,418	109,429	SH		SOLE		107,949	0	1,480
BANK OF AMERICA CORP	COM	060505104	896	40,526	SH		OTR		0	0	40,526
BANK OF CHINA LTD ORDF	COM	y0698a107	14	32,200	SH		SOLE		32,200	0	0
BARRICK GOLD CORP F	COM	067901108	1,047	65,515	SH		OTR		0	0	65,515
BEAR ST FINL INC	COM	073844102	103	10,176	SH		OTR		0	0	10,176
BERKSHIRE HATHAWAY B NEW CLASS	COM	084670702	750	4,600	SH		SOLE		4,600	0	0
BERKSHIRE HATHAWAY B NEW CLASS	COM	084670702	30,789	188,911	SH		OTR		0	0	188,911
BERKSHIRE HATHAWAY CLASS B	COM	084670702	614	3,768	SH		SOLE		3,768	0	0
BILLABONG INTL NEW ORD F	COM	q1502g206	27	30,240	SH		OTR		0	0	30,240
BLACK KNIGHT FINL SVCSINC CL A	COM	09214x100	983	26,000	SH		OTR		0	0	26,000
BLACKBERRY LTD F	COM	09228f103	71	10,275	SH		SOLE		10,275	0	0
BLACKBERRY LTD F	COM	09228f103	1,034	150,000	SH		OTR		0	0	150,000
BLACKROCK INC	COM	09247x101	662	1,739	SH		SOLE		1,739	0	0
BLACKROCK INC	COM	09247x101	11	30	SH		OTR		0	0	30
BOEING CO	COM	097023105	270	1,734	SH		SOLE		1,734	0	0
BOEING CO	COM	097023105	1,146	7,363	SH		OTR		0	0	7,363
BOOZ ALLEN HAMILTON CLASS A	COM	099502106	9	255	SH		SOLE		0	0	255
BOOZ ALLEN HAMILTON CLASS A	COM	099502106	272	7,553	SH		OTR		0	0	7,553
BRISTOL-MYERS SQUIBB	COM	110122108	178	3,053	SH		SOLE		3,053	0	0
BRISTOL-MYERS SQUIBB	COM	110122108	44	759	SH		OTR		0	0	759
BROADCOM LTD F	COM	y09827109	152	858	SH		SOLE		858	0	0
BROADCOM LTD F	COM	y09827109	80	450	SH		OTR		0	0	450
Bionovo Inc.	COM	000000000	0	10,000	SH		OTR		0	0	10,000
C N A FINANCIAL CORP	COM	126117100	214	5,150	SH		OTR		0	0	5,150
CANOPUS BIOPHARMA INC	COM	138034103	9	80,000	SH		OTR		0	0	80,000
CARDINAL HEALTH INC	COM	14149y108	22	303	SH		SOLE		193	0	110
CARDINAL HEALTH INC	COM	14149y108	211	2,937	SH		OTR		0	0	2,937
CATERPILLAR INC	COM	149123101	2,898	31,250	SH		SOLE		30,633	0	617
CATERPILLAR INC	COM	149123101	169	1,817	SH		OTR		0	0	1,817
CBS CORP CL B	COM	124857202	464	7,300	SH		SOLE		7,300	0	0
CHESAPEAKE ENERGY CO	COM	165167107	21	2,985	SH		SOLE		2,985	0	0
CHESAPEAKE ENERGY CO	COM	165167107	93	13,290	SH		OTR		0	0	13,290
CHEVRON CORPORATION	COM	166764100	411	3,489	SH		SOLE		3,489	0	0
CHEVRON CORPORATION	COM	166764100	98	834	SH		OTR		0	0	834
CISCO SYSTEMS INC	COM	17275r102	299	9,908	SH		SOLE		9,908	0	0
CISCO SYSTEMS INC	COM	17275r102	252	8,338	SH		OTR		0	0	8,338
CIT GROUP INC	COM	125581801	435	10,200	SH		SOLE		10,200	0	0
CITIGROUP INC NEW	COM	172967424	19	313	SH		SOLE		88	0	225
CITIGROUP INC NEW	COM	172967424	1,623	27,304	SH		OTR		0	0	27,304
COMCAST CORPORATION CLASS A	COM	20030n101	649	9,405	SH		SOLE		9,039	0	366
COMCAST CORPORATION CLASS A	COM	20030n101	159	2,301	SH		OTR		0	0	2,301
COSTCO WHOLESALE CO	COM	22160k105	585	3,653	SH		SOLE		3,653	0	0
COSTCO WHOLESALE CO	COM	22160k105	330	2,062	SH		OTR		0	0	2,062
CRACKER BARREL OLD	COM	22410j106	8	50	SH		SOLE		0	0	50
CRACKER BARREL OLD	COM	22410j106	221	1,325	SH		OTR		0	0	1,325
CROWN CASTLE INTL CORP	COM	22822V101	447	5,147	SH		SOLE		5,147	0	0
CYBERARK SOFTWRE LTD F	COM	m2682v108	250	5,500	SH		OTR		0	0	5,500
CYPRESS SEMICONDUCTR	COM	232806109	506	44,200	SH		SOLE		44,200	0	0
CYPRESS SEMICONDUCTR	COM	232806109	12	1,068	SH		OTR		0	0	1,068
Conographic Corp Calif Restr	COM	000000000	0	11,000	SH		OTR		0	0	11,000
DENBURY RES INC	COM	247916208	28	7,704	SH		SOLE		7,704	0	0
DENBURY RES INC	COM	247916208	9	2,516	SH		OTR		0	0	2,516
EMERSON ELECTRIC CO	COM	291011104	524	9,394	SH		SOLE		9,394	0	0
EXXON MOBIL CORP	COM	30231g102	645	7,149	SH		SOLE		7,149	0	0
EXXON MOBIL CORP	COM	30231g102	85	945	SH		OTR		0	0	945
FACEBOOK INC CLASS A	COM	30303m102	431	3,750	SH		SOLE		3,241	0	509
FACEBOOK INC CLASS A	COM	30303m102	517	4,498	SH		OTR		0	0	4,498
FIDELITY NATIONAL FINANCIALIN	COM	31620r303	11,054	325,500	SH		OTR		0	0	325,500
FIDELITY NATIONAL FINANCIALIN	COM	31620r402	1,521	111,033	SH		OTR		0	0	111,033
FIDELITY NATL INFO	COM	31620m106	8,430	111,455	SH		OTR		0	0	111,455
FIRST REP BK SAN FRANCISCOCAL	COM	33616c100	230	2,500	SH		OTR		0	0	2,500
FORD MOTOR COMPANY	COM	345370860	2	180	SH		SOLE		180	0	0
FORD MOTOR COMPANY	COM	345370860	148	12,200	SH		OTR		0	0	12,200
FREEPORT MCMORAN INC	COM	35671d857	33	2,475	SH		SOLE		2,475	0	0
FREEPORT MCMORAN INC	COM	35671d857	361	27,350	SH		OTR		0	0	27,350
GENERAL ELECTRIC CO	COM	369604103	1,039	32,891	SH		SOLE		32,891	0	0
GENERAL ELECTRIC CO	COM	369604103	2,645	83,700	SH		OTR		0	0	83,700
GENERAL MOTORS CO	COM	37045v100	0	11	SH		SOLE		11	0	0
GENERAL MOTORS CO	COM	37045v100	291	8,352	SH		OTR		0	0	8,352
GILEAD SCIENCES INC	COM	375558103	190	2,648	SH		SOLE		2,358	0	290
GILEAD SCIENCES INC	COM	375558103	62	865	SH		OTR		0	0	865
GOLDMAN SACHS GROUP	COM	38141g104	409	1,708	SH		SOLE		1,392	0	316
GOLDMAN SACHS GROUP	COM	38141g104	117	488	SH		OTR		0	0	488
GRAN COLOMBIA GOLD F	COM	38501d501	10	145,300	SH		OTR		0	0	145,300
HALLIBURTON CO HLDG	COM	406216101	644	11,900	SH		OTR		0	0	11,900
HENRY JACK & ASSOC	COM	426281101	209	2,358	SH		SOLE		2,358	0	0
HENRY JACK & ASSOC	COM	426281101	196	2,206	SH		OTR		0	0	2,206
HERBALIFE LTD F	COM	g4412g101	24	500	SH		SOLE		500	0	0
HERBALIFE LTD F	COM	g4412g101	205	4,250	SH		OTR		0	0	4,250
HILTON WORLDWIDE HLD	COM	43300a203	906	33,300	SH		OTR		0	0	33,300
HOME DEPOT INC	COM	437076102	216	1,614	SH		SOLE		1,614	0	0
HOME DEPOT INC	COM	437076102	211	1,574	SH		OTR		0	0	1,574
IBM CORP	COM	459200101	63	379	SH		SOLE		379	0	0
IBM CORP	COM	459200101	178	1,072	SH		OTR		0	0	1,072
IDENTIVE INC	COM	45170x205	85	26,605	SH		OTR		0	0	26,605
IDERA PHARMA	COM	45168k306	34	22,570	SH		SOLE		22,570	0	0
IDERA PHARMA	COM	45168k306	240	160,000	SH		OTR		0	0	160,000
INTEL CORP	COM	458140100	3,022	83,313	SH		SOLE		81,585	0	1,728
INTEL CORP	COM	458140100	2,182	60,154	SH		OTR		0	0	60,154
INTERNATIONAL PAPER	COM	460146103	743	14,000	SH		OTR		0	0	14,000
INTUITIVE SURGICAL	COM	46120e602	365	575	SH		SOLE		575	0	0
INVESCO LTD	COM	G491BT108	267	8,800	SH		SOLE		8,800	0	0
J ALEXANDERS HLDGS INCCOM	COM	46609j106	1,062	98,772	SH		OTR		0	0	98,772
JOHNSON & JOHNSON	COM	478160104	171	1,484	SH		SOLE		1,374	0	110
JOHNSON & JOHNSON	COM	478160104	749	6,502	SH		OTR		0	0	6,502
JPMORGAN CHASE & CO	COM	46625h100	1,194	13,839	SH		SOLE		12,201	0	1,638
JPMORGAN CHASE & CO	COM	46625h100	550	6,376	SH		OTR		0	0	6,376
LA JOLLA PHARMA	COM	503459604	387	22,092	SH		OTR		0	0	22,092
LANNETT INC	COM	516012101	342	15,500	SH		OTR		0	0	15,500
LIGHTWAVE LOGIC INC COM	COM	532275104	6	10,000	SH		OTR		0	0	10,000
MACYS INC	COM	55616p104	1,504	42,000	SH		OTR		0	0	42,000
MAGNACHIP SEMICONDUC	COM	55933j203	337	54,400	SH		SOLE		35,000	0	19,400
MAGNACHIP SEMICONDUC	COM	55933j203	285	46,000	SH		OTR		0	0	46,000
MANULIFE FINANCIAL F	COM	56501r106	260	14,608	SH		SOLE		14,608	0	0
MANULIFE FINANCIAL F	COM	56501r106	1,001	56,178	SH		OTR		0	0	56,178
MERCK & CO INC	COM	58933y105	2,709	46,010	SH		SOLE		45,695	0	315
MERCK & CO INC	COM	58933y105	699	11,866	SH		OTR		0	0	11,866
MERIDIAN BIOSCIENCE	COM	589584101	96	5,400	SH		SOLE		5,400	0	0
MERIDIAN BIOSCIENCE	COM	589584101	531	30,000	SH		OTR		0	0	30,000
MICROSOFT CORP	COM	594918104	296	4,771	SH		SOLE		4,771	0	0
MICROSOFT CORP	COM	594918104	3,158	50,824	SH		OTR		0	0	50,824
MOTOROLA SOLUTIONS	COM	620076307	237	2,857	SH		OTR		0	0	2,857
NETFLIX INC	COM	64110l106	576	4,655	SH		SOLE		4,529	0	126
NETFLIX INC	COM	64110l106	6	50	SH		OTR		0	0	50
NEXTERA ENERGY INC	COM	65339f101	63	526	SH		SOLE		436	0	90
NEXTERA ENERGY INC	COM	65339f101	163	1,362	SH		OTR		0	0	1,362
NIKE INC CLASS B	COM	654106103	353	6,940	SH		SOLE		6,940	0	0
NIKE INC CLASS B	COM	654106103	67	1,316	SH		OTR		0	0	1,316
NVIDIA CORP	COM	67066g104	534	5,000	SH		SOLE		5,000	0	0
NVIDIA CORP	COM	67066g104	252	2,362	SH		OTR		0	0	2,362
OCCIDENTAL PETROL CO	COM	674599105	287	4,023	SH		SOLE		4,023	0	0
OCCIDENTAL PETROL CO	COM	674599105	11	152	SH		OTR		0	0	152
OCEAN RIG UDW INC F	COM	g66964100	26	15,000	SH		SOLE		15,000	0	0
OCEAN RIG UDW INC F	COM	g66964100	169	97,115	SH		OTR		0	0	97,115
OPKO HEALTH INC	COM	68375n103	419	45,000	SH		OTR		0	0	45,000
ORACLE CORPORATION	COM	68389x105	178	4,631	SH		SOLE		4,002	0	629
ORACLE CORPORATION	COM	68389x105	1,786	46,438	SH		OTR		0	0	46,438
PACWEST BANCORP	COM	695263103	1,507	27,676	SH		SOLE		27,676	0	0
PACWEST BANCORP	COM	695263103	27	503	SH		OTR		0	0	503
PEPSICO INCORPORATED	COM	713448108	365	3,486	SH		SOLE		3,391	0	95
PEPSICO INCORPORATED	COM	713448108	62	597	SH		OTR		0	0	597
PFIZER INCORPORATED	COM	717081103	3,569	109,887	SH		SOLE		108,556	0	1,331
PFIZER INCORPORATED	COM	717081103	364	11,214	SH		OTR		1,000	0	11,214
PHILIP MORRIS INTL	COM	718172109	557	6,087	SH		SOLE		6,087	0	0
PHILIP MORRIS INTL	COM	718172109	8,206	89,693	SH		OTR		0	0	89,693
PRICELINE GROUP	COM	741503403	254	173	SH		SOLE		173	0	0
PRICELINE GROUP	COM	741503403	235	160	SH		OTR		0	0	160
PROCTER & GAMBLE	COM	742718109	515	6,122	SH		SOLE		6,122	0	0
PROCTER & GAMBLE	COM	742718109	1,361	16,192	SH		OTR		0	0	16,192
PZENA INVESTMENT MGM CLASS A	COM	74731q103	170	15,315	SH		OTR		0	0	15,315
QUALCOMM INC	COM	747525103	257	3,938	SH		SOLE		3,694	0	244
QUALCOMM INC	COM	747525103	26	394	SH		OTR		0	0	394
ROVI CORP COM EXCHANGEDFOR CU	COM	779376102	169	4,100	SH		SOLE		0	0	4,100
ROVI CORP COM EXCHANGEDFOR CU	COM	779376102	123	3,000	SH		OTR		0	0	3,000
SALESFORCE COM	COM	79466l302	246	3,600	SH		SOLE		3,600	0	0
SCHLUMBERGER LTD F	COM	806857108	427	5,089	SH		SOLE		5,089	0	0
SCHLUMBERGER LTD F	COM	806857108	9	104	SH		OTR		0	0	104
SHINSEI BANK LTD ORDF	COM	j7385l103	136	81,000	SH		OTR		0	0	81,000
SIRIUS XM RADIO INC	COM	82968b103	47	10,525	SH		SOLE		10,525	0	0
SPECTRUM GROUP SHS	COM	jeh63m206	0	48,467	SH		OTR		0	0	48,467
STARBUCKS CORP	COM	855244109	334	6,012	SH		SOLE		5,805	0	207
STARBUCKS CORP	COM	855244109	180	3,244	SH		OTR		0	0	3,244
SUMITOMO CORP ORDF	COM	j77282119	132	11,250	SH		OTR		0	0	11,250
SUNOPTA INC F	COM	8676ep108	71	10,000	SH		SOLE		10,000	0	0
SUNOPTA INC F	COM	8676ep108	35	5,000	SH		OTR		0	0	5,000
TABLEAU SOFTWARE INC CLASS A	COM	87336u105	308	7,311	SH		SOLE		7,311	0	0
TABLEAU SOFTWARE INC CLASS A	COM	87336u105	35	828	SH		OTR		0	0	828
TELESITES SAB DE C ORDF	COM	p90355127	7	11,550	SH		OTR		0	0	11,550
TEXAS INSTRUMENTS	COM	882508104	88	1,200	SH		SOLE		1,200	0	0
TEXAS INSTRUMENTS	COM	882508104	203	2,778	SH		OTR		0	0	2,778
TIVO CORPORATION	COM	88870p106	230	11,000	SH		SOLE		11,000	0	0
TIVO CORPORATION	COM	88870p106	105	5,000	SH		OTR		0	0	5,000
TRANSWORLD BENEFITS IXXX REGIS	COM	894073105	0	104,000	SH		SOLE		104,000	0	0
TYSON FOODS INC CLASS A	COM	902494103	617	10,000	SH		OTR		0	0	10,000
U S BANCORP	COM	902973304	62	1,206	SH		SOLE		1,206	0	0
U S BANCORP	COM	902973304	6,421	125,000	SH		OTR		0	0	125,000
UNITED PARCEL SRVC CLASS B	COM	911312106	16,722	145,869	SH		SOLE		145,869	0	0
UNITED PARCEL SRVC CLASS B	COM	911312106	20,065	175,029	SH		OTR		0	0	175,029
UNITEDHEALTH GRP INC	COM	91324p102	245	1,532	SH		SOLE		1,532	0	0
UNIVERSAL HLTH SVCS CLASS B	COM	913903100	294	2,760	SH		SOLE		2,760	0	0
UNIVERSAL HLTH SVCS CLASS B	COM	913903100	1	6	SH		OTR		0	0	6
VALERO ENERGY CORP	COM	91913y100	140	2,050	SH		SOLE		2,050	0	0
VALERO ENERGY CORP	COM	91913y100	137	2,000	SH		OTR		0	0	2,000
VASCO DATA SECURITY	COM	92230y104	273	20,000	SH		OTR		0	0	20,000
VERIZON COMMUNICATN	COM	92343v104	2,570	48,153	SH		SOLE		47,456	0	697
VERIZON COMMUNICATN	COM	92343v104	472	8,844	SH		OTR		0	0	8,844
VISA INC CLASS A	COM	92826c839	827	10,596	SH		SOLE		10,596	0	0
VISA INC CLASS A	COM	92826c839	585	7,500	SH		OTR		0	0	7,500
WAL-MART STORES INC	COM	931142103	51	735	SH		SOLE		630	0	105
WAL-MART STORES INC	COM	931142103	154	2,235	SH		OTR		0	0	2,235
WALT DISNEY CO	COM	254687106	504	4,832	SH		SOLE		4,832	0	0
WALT DISNEY CO	COM	254687106	239	2,293	SH		OTR		0	0	2,293
WELLS FARGO BK N A	COM	949746101	335	6,073	SH		SOLE		4,158	0	1,915
WELLS FARGO BK N A	COM	949746101	213	3,866	SH		OTR		0	0	3,866
WILLIAMS COMPANIES	COM	969457100	8	244	SH		SOLE		244	0	0
WILLIAMS COMPANIES	COM	969457100	1,236	39,688	SH		OTR		0	0	39,688
XEROX CORP	COM	984121103	306	35,000	SH		OTR		0	0	35,000
AEGON NV F UNSPONSORED ADR 1 A	ADR	007924103	158	28,500	SH		OTR		0	0	28,500
ALLIANZ SE F UNSPONSORED ADR 1	ADR	018805101	117	7,088	SH		SOLE		7,088	0	0
ALLIANZ SE F UNSPONSORED ADR 1	ADR	018805101	494	30,000	SH		OTR		0	0	30,000
BAIDU INC F SPONSORED ADR 1 AD	ADR	056752108	272	1,652	SH		SOLE		1,652	0	0
BAYER AG F UNSPONSORED ADR 1 A	ADR	072730302	626	6,000	SH		OTR		0	0	6,000
BP PLC F SPONSORED ADR 1 ADR R	ADR	055622104	393	10,518	SH		SOLE		10,518	0	0
BP PLC F SPONSORED ADR 1 ADR R	ADR	055622104	271	7,250	SH		OTR		0	0	7,250
C K HUTCHISON HOLDIN F UNSPONS	ADR	12562y100	68	6,030	SH		SOLE		6,030	0	0
C K HUTCHISON HOLDIN F UNSPONS	ADR	12562y100	55	4,875	SH		OTR		0	0	4,875
DEUTSCHE TELEKOM AG F UNSPONSO	ADR	251566105	57	3,360	SH		SOLE		3,360	0	0
DEUTSCHE TELEKOM AG F UNSPONSO	ADR	251566105	419	24,500	SH		OTR		0	0	24,500
GAZPROM PJSC F ADR 1 ADR REPS	ADR	368287207	1,816	363,600	SH		SOLE		363,600	0	0
LLOYDS BANKING GROUP PLC ADR	ADR	539439109	114	36,748	SH		SOLE		36,748	0	0
NESTLE SA F SPONSORED ADR 1 AD	ADR	641069406	110	1,534	SH		SOLE		1,534	0	0
NESTLE SA F SPONSORED ADR 1 AD	ADR	641069406	143	2,000	SH		OTR		0	0	2,000
SIEMENS A G F SPONSORED ADR 1	ADR	826197501	857	7,000	SH		OTR		0	0	7,000
TAIWAN SEMICONDUCTR F SPONSORE	ADR	874039100	213	7,414	SH		SOLE		7,414	0	0
TAIWAN SEMICONDUCTR F SPONSORE	ADR	874039100	8,625	300,000	SH		OTR		0	0	300,000
TESCO PLC SPONS ADR	ADR	881575302	76	10,068	SH		SOLE		10,068	0	0
TESCO PLC SPONS ADR	ADR	881575302	4	525	SH		OTR		0	0	525
ALPS ALERIAN MLP ETF	INDEX CEF	00162q866	3,487	276,777	SH		SOLE		274,223	0	2,554
ALPS ALERIAN MLP ETF	INDEX CEF	00162q866	222	17,600	SH		OTR		0	0	17,600
DIREXION DAILY SML CAPBULL 3X	INDEX CEF	25459w847	759	7,500	SH		OTR		0	0	7,500
DRXN DLY GLD MNS INX BL 3X ETF	INDEX CEF	25490k570	153	20,000	SH		OTR		0	0	20,000
ENERGY SELECT SECTOR SPDR ETF	INDEX CEF	81369y506	2,189	29,067	SH		SOLE		29,067	0	0
ENERGY SELECT SECTOR SPDR ETF	INDEX CEF	81369y506	44	583	SH		OTR		0	0	583
GLOBAL X MSCI GREECE ETF	INDEX CEF	37950e366	15	1,900	SH		SOLE		1,900	0	0
GLOBAL X MSCI GREECE ETF	INDEX CEF	37950e366	477	61,210	SH		OTR		0	0	61,210
ISHARES CORE S&P 500 ETF	INDEX CEF	464287200	9,010	40,047	SH		SOLE		20,117	0	19,930
ISHARES CORE S&P SMALL CAP ETF	INDEX CEF	464287804	21,785	158,412	SH		SOLE		155,513	0	2,899
ISHARES CORE S&P SMALL CAP ETF	INDEX CEF	464287804	3,244	23,588	SH		OTR		0	0	23,588
ISHARES CORE S&P US GROWTH ETF	INDEX CEF	464287671	6,666	155,322	SH		SOLE		95,112	0	60,210
ISHARES CORE S&P US GROWTH ETF	INDEX CEF	464287671	428	9,970	SH		OTR		0	0	9,970
ISHARES MSCI BRAZIL CAPPED ETF	INDEX CEF	464286400	400	12,000	SH		SOLE		12,000	0	0
ISHARES MSCI BRAZIL CAPPED ETF	INDEX CEF	464286400	667	20,000	SH		OTR		0	0	20,000
ISHARES MSCI EAFE ETF	INDEX CEF	464287465	1,373	23,791	SH		SOLE		11,991	0	11,799
ISHARES MSCI EAFE ETF	INDEX CEF	464287465	942	16,318	SH		OTR		0	0	16,318
ISHARES MSCI EMERGING MARKETS	INDEX CEF	464287234	376	10,728	SH		OTR		0	0	10,728
ISHARES MSCI GERMANY ETF	INDEX CEF	464286806	5,932	224,000	SH		OTR		0	0	224,000
ISHARES MSCI ITALY CAPPED ETF	INDEX CEF	46434g830	94	3,873	SH		SOLE		3,873	0	0
ISHARES MSCI ITALY CAPPED ETF	INDEX CEF	46434g830	1,868	77,150	SH		OTR		0	0	77,150
ISHARES MSCI TURKEY ETF	INDEX CEF	464286715	552	17,000	SH		OTR		0	0	17,000
ISHARES RUSSELL 1000 ETF	INDEX CEF	464287622	2,618	21,039	SH		OTR		0	0	21,039
ISHARES RUSSELL 1000 GROWTH ET	INDEX CEF	464287614	67	636	SH		SOLE		636	0	0
ISHARES RUSSELL 1000 GROWTH ET	INDEX CEF	464287614	2,766	26,370	SH		OTR		0	0	26,370
ISHARES RUSSELL 1000 VALUE ETF	INDEX CEF	464287598	28	247	SH		SOLE		247	0	0
ISHARES RUSSELL 1000 VALUE ETF	INDEX CEF	464287598	255	2,280	SH		OTR		0	0	2,280
ISHARES RUSSELL 2000 ETF	INDEX CEF	464287655	955	7,085	SH		SOLE		7,085	0	0
ISHARES RUSSELL 2000 ETF	INDEX CEF	464287655	319	2,369	SH		OTR		0	0	2,369
ISHARES RUSSELL 2000 GROWTH ET	INDEX CEF	464287648	636	4,132	SH		OTR		0	0	4,132
ISHARES RUSSELL 3000 ETF	INDEX CEF	464287689	1,102	8,285	SH		SOLE		8,285	0	0
ISHARES RUSSELL 3000 ETF	INDEX CEF	464287689	5	38	SH		OTR		0	0	38
ISHARES S&P 100 ETF	INDEX CEF	464287101	1,708	17,200	SH		SOLE		17,200	0	0
ISHARES S&P 100 ETF	INDEX CEF	464287101	791	7,969	SH		OTR		0	0	7,969
ISHARES S&P 500 GROWTH ETF	INDEX CEF	464287309	216	1,775	SH		SOLE		1,775	0	0
ISHARES S&P 500 GROWTH ETF	INDEX CEF	464287309	56	460	SH		OTR		0	0	460
ISHARES S&P MID CAP 400 GRWTH	INDEX CEF	464287606	296	1,625	SH		SOLE		1,625	0	0
ISHARES SELECT DIVIDEND ETF	INDEX CEF	464287168	1,732	19,557	SH		SOLE		9,778	0	9,778
ISHARES SELECT DIVIDEND ETF	INDEX CEF	464287168	35	397	SH		OTR		0	0	397
ISHARES TR RUS MID-CAPETF	INDEX CEF	464287499	1,929	10,782	SH		SOLE		5,391	0	5,391
ISHARES TR RUS MID-CAPETF	INDEX CEF	464287499	273	1,525	SH		OTR		0	0	1,525
IShares core MSCI Emerging Mar	INDEX CEF	000000000	1,519	35,786	SH		SOLE		35,786	0	0
JP MORGAN EXCH TRADED NT ALERI	INDEX CEF	46625h365	281	8,905	SH		SOLE		8,262	0	643
JP MORGAN EXCH TRADED NT ALERI	INDEX CEF	46625h365	85	2,689	SH		OTR		0	0	2,689
POWERSHARES CEF INC COMPOSITE	INDEX CEF	73936q843	213	9,526	SH		SOLE		9,526	0	0
POWERSHARES QQQ TRUST SRS 1 ET	INDEX CEF	73935a104	43,712	368,944	SH		SOLE		361,945	0	6,999
POWERSHARES QQQ TRUST SRS 1 ET	INDEX CEF	73935a104	4,624	39,027	SH		OTR		0	0	39,027
POWERSHARES S&P 500 HIGH BETA	INDEX CEF	73937b829	11,002	300,723	SH		SOLE		297,146	0	3,577
POWERSHARES S&P 500 HIGH BETA	INDEX CEF	73937b829	725	19,806	SH		OTR		0	0	19,806
PROSHARES ULTRASHORT FTSE EURO	INDEX CEF	74348a434	1,132	22,000	SH		OTR		0	0	22,000
SCHWAB US LARGE CAP ETF	INDEX CEF	808524201	741	13,916	SH		SOLE		13,916	0	0
SCHWAB US LARGE CAP ETF	INDEX CEF	808524201	63	1,180	SH		OTR		0	0	1,180
SELECT SECTOR HEALTH CARE SPDR	INDEX CEF	81369y209	516	7,480	SH		SOLE		7,480	0	0
SELECT SECTOR HEALTH CARE SPDR	INDEX CEF	81369y209	118	1,715	SH		OTR		0	0	1,715
SELECT SECTOR UTI SELECT SPDR	INDEX CEF	81369y886	996	20,516	SH		SOLE		20,516	0	0
SELECT STR FINANCIAL SELECT SP	INDEX CEF	81369y605	12,996	558,983	SH		SOLE		554,814	0	4,169
SELECT STR FINANCIAL SELECT SP	INDEX CEF	81369y605	1,041	44,768	SH		OTR		0	0	44,768
SPDR EURO STOXX 50 ETF	INDEX CEF	78463x202	870	26,000	SH		OTR		0	0	26,000
SPDR FUND CONSUMER DISCRE SELE	INDEX CEF	81369y407	296	3,637	SH		SOLE		3,637	0	0
SPDR FUND CONSUMER DISCRE SELE	INDEX CEF	81369y407	75	927	SH		OTR		0	0	927
SPDR S&P 500 ETF	INDEX CEF	78462f103	68,797	307,776	SH		SOLE		304,358	0	3,418
SPDR S&P 500 ETF	INDEX CEF	78462f103	7,233	32,357	SH		OTR		0	0	32,357
SPDR S&P DIVIDEND ETF	INDEX CEF	78464a763	2,511	29,352	SH		SOLE		29,173	0	179
SPDR S&P DIVIDEND ETF	INDEX CEF	78464a763	1,536	17,951	SH		OTR		0	0	17,951
SPDR S&P MIDCAP 400 ETF	INDEX CEF	78467y107	562	1,863	SH		SOLE		1,863	0	0
SPDR S&P OIL & GAS EXPL & PROD	INDEX CEF	78464a730	5,673	136,957	SH		SOLE		135,933	0	1,024
SPDR S&P OIL & GAS EXPL & PROD	INDEX CEF	78464a730	348	8,409	SH		OTR		0	0	8,409
SPDR S&P TRANSPORTATION ETF	INDEX CEF	78464a532	1,047	19,390	SH		SOLE		19,390	0	0
TECHNOLOGY SELECT SECTOR SPDR	INDEX CEF	81369y803	13,403	277,152	SH		SOLE		273,682	0	3,470
TECHNOLOGY SELECT SECTOR SPDR	INDEX CEF	81369y803	665	13,756	SH		OTR		0	0	13,756
VANECK VECTORS CHINAAMC CSI 30	INDEX CEF	92189f759	257	6,972	SH		OTR		0	0	6,972
VANECK VECTORS JR GOLD MINERS	INDEX CEF	92189f791	126	4,000	SH		SOLE		4,000	0	0
VANECK VECTORS JR GOLD MINERS	INDEX CEF	92189f791	1,704	54,000	SH		OTR		0	0	54,000
VANGUARD DIVIDEND APPRECIATION	INDEX CEF	921908844	2,633	30,911	SH		SOLE		30,911	0	0
VANGUARD FTSE DEVELOPED MARKET	INDEX CEF	921943858	977	26,747	SH		SOLE		26,747	0	0
VANGUARD FTSE EMERGING MARKETS	INDEX CEF	922042858	483	13,508	SH		SOLE		13,019	0	489
VANGUARD FTSE EMERGING MARKETS	INDEX CEF	922042858	146	4,092	SH		OTR		0	0	4,092
VANGUARD HIGH DIVIDEND YIELD E	INDEX CEF	921946406	217	2,860	SH		SOLE		2,860	0	0
VANGUARD INDEX FUNDS VANGUARD	INDEX CEF	922908736	2,174	19,505	SH		SOLE		19,505	0	0
VANGUARD INFORMATION TECHNOLOG	INDEX CEF	92204a702	120	985	SH		SOLE		985	0	0
VANGUARD INFORMATION TECHNOLOG	INDEX CEF	92204a702	188	1,545	SH		OTR		0	0	1,545
VANGUARD MEGA CAP GROWTH ETF	INDEX CEF	921910816	704	8,085	SH		SOLE		8,085	0	0
VANGUARD S&P 500 ETF	INDEX CEF	922908363	739	3,600	SH		SOLE		3,600	0	0
VANGUARD TELECOMMUNICATION SER	INDEX CEF	92204a884	996	9,948	SH		SOLE		9,948	0	0
VANGUARD TOTAL STOCK MARKET ET	INDEX CEF	922908769	61	526	SH		SOLE		526	0	0
VANGUARD TOTAL STOCK MARKET ET	INDEX CEF	922908769	1,930	16,739	SH		OTR		0	0	16,739
VANGUARD VALUE ETF	INDEX CEF	922908744	11,792	126,780	SH		SOLE		125,861	0	919
VANGUARD VALUE ETF	INDEX CEF	922908744	696	7,484	SH		OTR		0	0	7,484
WISDOM TREE DIVIDEND EX FINAN	INDEX CEF	97717w406	578	7,200	SH		SOLE		7,200	0	0
WISDOMTREE EUROPE HEDGED EQTY	INDEX CEF	97717x701	1,995	34,749	SH		SOLE		34,749	0	0
WISDOMTREE EUROPE HEDGED EQTY	INDEX CEF	97717x701	17	300	SH		OTR		0	0	300
WISDOMTREE JAPAN HEDGED EQUITY	INDEX CEF	97717w851	7,051	142,329	SH		SOLE		140,809	0	1,520
WISDOMTREE JAPAN HEDGED EQUITY	INDEX CEF	97717w851	562	11,345	SH		OTR		0	0	11,345
FLEXSHARES IBOXX 3 YR TIPS IDX	ETF	33939l506	296	12,000	SH		SOLE		12,000	0	0
ISHARES 1-3 YEAR CREDIT BOND E	ETF	464288646	10,263	97,800	SH		SOLE		96,355	0	1,445
ISHARES 1-3 YEAR CREDIT BOND E	ETF	464288646	715	6,816	SH		OTR		0	0	6,816
ISHARES 1-3 YEAR TREASURY BO	ETF	464287457	3,513	41,600	SH		SOLE		41,600	0	0
ISHARES CORE 1-5 YEAR USD BO	ETF	46432F859	5,479	109,570	SH		SOLE		109,570	0	0
ISHARES CORE US AGGREGATE BOND	ETF	464287226	3,842	35,551	SH		SOLE		19,209	0	16,342
ISHARES FLOATING RATE BOND ETF	ETF	46429b655	1,011	19,935	SH		SOLE		19,935	0	0
ISHARES FLOATING RATE BOND ETF	ETF	46429b655	79	1,550	SH		OTR		0	0	1,550
ISHARES IBOXX INVT GRADE BOND	ETF	464287242	6,389	54,523	SH		SOLE		43,311	0	11,212
ISHARES IBOXX INVT GRADE BOND	ETF	464287242	260	2,220	SH		OTR		0	0	2,220
ISHARES SHORT MATURITY BOND	ETF	46431W507	3,506	69,860	SH		SOLE		69,860	0	0
ISHARES SHORT TREASURY BOND	ETF	464288679	2,499	22,660	SH		SOLE		22,660	0	0
ISHARES TIPS BOND ETF	ETF	464287176	2,971	26,253	SH		SOLE		13,127	0	13,127
ISHARES U S PFD ETF U S PFD ST	ETF	464288687	1,770	47,563	SH		SOLE		47,563	0	0
PIMCO 0-5 YEAR HIGH YLD BND ID	ETF	72201r783	5,791	57,992	SH		SOLE		57,877	0	115
PIMCO 0-5 YEAR HIGH YLD BND ID	ETF	72201r783	377	3,774	SH		OTR		0	0	3,774
PIMCO ENHANCED SHRT MATURTY AC	ETF	72201r833	1,343	13,257	SH		SOLE		13,257	0	0
PIMCO ENHANCED SHRT MATURTY AC	ETF	72201r833	269	2,653	SH		OTR		0	0	2,653
PIMCO TOTAL RETURN ACTIVE ETF	ETF	72201r775	3,534	33,943	SH		SOLE		32,303	0	1,640
PIMCO TOTAL RETURN ACTIVE ETF	ETF	72201r775	423	4,065	SH		OTR		135	0	0
POWERSHARES FINANCIAL PREFERRE	ETF	73935x229	557	31,005	SH		SOLE		31,005	0	0
POWERSHARES FINANCIAL PREFERRE	ETF	73935x229	27	1,500	SH		OTR		0	0	1,500
POWERSHARES INTL CORPORATE BON	ETF	73936q835	439	17,940	SH		SOLE		15,570	0	2,370
POWERSHARES INTL CORPORATE BON	ETF	73936q835	105	4,295	SH		OTR		0	0	4,295
POWERSHARES SENIOR LOAN ETF	ETF	73936q769	407	17,421	SH		SOLE		17,421	0	0
POWERSHARES SENIOR LOAN ETF	ETF	73936q769	142	6,100	SH		OTR		0	0	6,100
SPDR BARCLAYS ETF HIGH YIELD V	ETF	78464a417	206	5,648	SH		SOLE		5,648	0	0
SPDR BARCLAYS ETF HIGH YIELD V	ETF	78464a417	51	1,392	SH		OTR		0	0	1,392
SPDR BLMBRG BRCLY SHT TRM HGH	ETF	78468r408	4,417	159,589	SH		SOLE		159,489	0	100
SPDR BLMBRG BRCLY SHT TRM HGH	ETF	78468r408	163	5,871	SH		OTR		0	0	5,871
SPDR DOUBLELINE TTL RTRN TTCL	ETF	78467v848	1,969	40,700	SH		SOLE		40,275	0	425
SPDR DOUBLELINE TTL RTRN TTCL	ETF	78467v848	77	1,590	SH		OTR		0	0	1,590
VANGUARD SCOTTSDALE FUNDS VANG	ETF	92206c409	4,920	61,990	SH		SOLE		61,507	0	483
VANGUARD SCOTTSDALE FUNDS VANG	ETF	92206c409	217	2,731	SH		OTR		0	0	2,731
VANGUARD SHORT-TERM BOND ETF	ETF	921937827	252	3,175	SH		SOLE		3,175	0	0
VANGUARD TOTAL INTERNATL BND E	ETF	92203j407	770	14,189	SH		SOLE		14,189	0	0
VANGUARD TOTAL INTERNATL BND E	ETF	92203j407	4	71	SH		OTR		0	0	71
APOLLO GLOBAL MGMT LP	LP	037612306	263	13,598	SH		OTR		0	0	13,598
BLACKSTONE GROUP LP LP	LP	09253u108	465	17,200	SH		SOLE		17,200	0	0
BLACKSTONE GROUP LP LP	LP	09253u108	902	33,379	SH		OTR		0	0	33,379
ENERGY TRANSFER EQUITY	LP	29273v100	992	51,373	SH		SOLE		51,373	0	0
ENERGY TRANSFER EQUITY	LP	29273v100	32	1,660	SH		OTR		0	0	1,660
ENLINK MIDSTREAM PTR LP	LP	29336u107	417	22,617	SH		SOLE		22,617	0	0
ENLINK MIDSTREAM PTR LP	LP	29336u107	12	640	SH		OTR		0	0	640
ENTERPRISE PRODUCTS LP	LP	293792107	806	29,817	SH		SOLE		29,817	0	0
ENTERPRISE PRODUCTS LP	LP	293792107	28	1,044	SH		OTR		0	0	1,044
GOLDEN GATE CAP OPPTNTY FD LP	LP	999193816	6,952	6,633,543	SH		SOLE		0	0	6,633,543
KKR & CO LP LP	LP	48248m102	274	17,786	SH		OTR		0	0	17,786
MAGELLAN MIDSTREAM P LP	LP	559080106	836	11,057	SH		SOLE		11,057	0	0
MAGELLAN MIDSTREAM P LP	LP	559080106	39	510	SH		OTR		0	0	510
POPE RESOURCES DEP LP	LP	732857107	1,274	19,597	SH		OTR		0	0	19,597
Pimco Bravo spec On Te I LP	LP	000000000	37	499,957	SH		OTR		0	0	499,957
Riverside Foxmoor Associates	LP	000000000	0	85,953	SH		OTR		0	0	85,953
WILLIAMS PARTNERS LP LP	LP	96949l105	7,220	189,859	SH		OTR		0	0	189,859
AGRIBANK FCBPFD 6.875 NON CUM	PFD	00850L203	324	3,000	SH		SOLE		3,000	0	0
COBANK ACBPFD 6.250	PFD	19075Q805	240	2,370	SH		SOLE		2,370	0	0
FAIRFAX FINL HLDGS PFD 5 CUM P	PFD	303901847	27	2,000	SH		SOLE		0	0	2,000
FAIRFAX FINL HLDGS PFD 5 CUM P	PFD	303901847	122	8,870	SH		OTR		0	0	8,870
FARM CREDIT BANK O 0 PFD DUE 1	PFD	30767e307	1,912	1,600	SH		SOLE		1,600	0	0
FARM CREDIT BANK OF TEXAS 144A	PFD	30767E406	468	4,500	SH		SOLE		4,500	0	0
HILLMAN GRP 11.6 PFD DUE 09/30	PFD	43162l206	273	8,425	SH		OTR		0	0	8,425
KKR FINANCIAL HOLDINGS LLCPFD	PFD	48248A603	234	9,000	SH		SOLE		9,000	0	0
M&T BANK CORPVAR RT 12/29/204	PFD	55261FAH7	24	25,000	SH		SOLE		25,000	0	0
NORTHERN TRUST CORP PFD 5.85	PFD	665859872	288	11,500	SH		SOLE		11,500	0	0
PNC FINANCIAL SERVICESVAR RT	PFD	693475AQ8	63	65,000	SH		SOLE		65,000	0	0
PUBLIC STORAGEPFD 5.125 CUMUL	PFD	74460W750	208	9,525	SH		SOLE		9,525	0	0
REINSURANCE GROUP AMERINC SUB	PFD	759351703	229	8,500	SH		SOLE		8,500	0	0
Security Etch Intl Sr-B Red/Cv	PFD	000000000	0	20,000	SH		OTR		0	0	20,000
TABERNA PREFERRED .018 07/05/2	PFD	87330l200	0	500,000	SH		SOLE		500,000	0	0
ALLIANCEBERNSTEIN NTNL M	NON-TAX CEF	01864u106	235	17,740	SH		SOLE		17,740	0	0
BLACKROCK CALIFORNIA MUN	NON-TAX CEF	09248e102	184	12,700	SH		SOLE		12,700	0	0
BLACKROCK CALIFORNIA MUN	NON-TAX CEF	09248e102	78	5,400	SH		OTR		0	0	5,400
BLACKROCK MUNICIPAL INCO	NON-TAX CEF	09248f109	428	30,920	SH		SOLE		29,590	0	1,330
BLACKROCK MUNICIPAL INCO	NON-TAX CEF	09248f109	2,944	212,717	SH		OTR		0	0	212,717
BLACKROCK MUNIHLDG CALIF	NON-TAX CEF	09254l107	152	10,815	SH		SOLE		10,815	0	0
BLACKROCK MUNIHLDG CALIF	NON-TAX CEF	09254l107	192	13,610	SH		OTR		0	0	13,610
BLACKROCK MUNIHLDGS INSD	NON-TAX CEF	09254c107	189	14,010	SH		SOLE		12,750	0	1,260
BLACKROCK MUNIHOLDINGS C	NON-TAX CEF	09253n104	168	10,370	SH		SOLE		10,370	0	0
BLACKROCK MUNIHOLDINGS I	NON-TAX CEF	09254p108	309	21,760	SH		SOLE		21,760	0	0
BLACKROCK MUNIHOLDINGS I	NON-TAX CEF	09254p108	181	12,760	SH		OTR		0	0	12,760
BLACKROCK MUNIHOLDINGS I	NON-TAX CEF	09254a101	227	16,690	SH		SOLE		16,690	0	0
BLACKROCK MUNIYIELD CALI	NON-TAX CEF	09254n103	538	37,131	SH		SOLE		37,131	0	0
BLACKROCK MUNIYIELD CALI	NON-TAX CEF	09254n103	5,806	400,428	SH		OTR		0	0	400,428
BLACKROCK MUNIYIELD CALI	NON-TAX CEF	09254m105	635	41,553	SH		SOLE		41,553	0	0
BLACKROCK MUNIYIELD CALI	NON-TAX CEF	09254m105	1,858	121,658	SH		OTR		0	0	121,658
BLACKROCK MUNIYIELD CF	NON-TAX CEF	09253w104	242	17,130	SH		SOLE		17,130	0	0
BLACKROCK MUNIYIELD CF	NON-TAX CEF	09253w104	186	13,140	SH		OTR		0	0	13,140
BLACKROCK MUNIYIELD INSD	NON-TAX CEF	09254e103	350	25,620	SH		SOLE		25,620	0	0
BLACKROCK MUNIYIELD INSD	NON-TAX CEF	09254e103	182	13,310	SH		OTR		0	0	13,310
BLACKROCK MUNIYLD QUALIT	NON-TAX CEF	09254g108	198	15,430	SH		SOLE		15,430	0	0
BLACKROCK MUNIYLD QUALIT	NON-TAX CEF	09254f100	43	2,895	SH		SOLE		2,895	0	0
BLACKROCK MUNIYLD QUALIT	NON-TAX CEF	09254f100	190	12,900	SH		OTR		0	0	12,900
DEUTSCHE MUNI INCOME TR	NON-TAX CEF	25160c106	351	26,720	SH		SOLE		26,720	0	0
DREYFUS STRATEGIC MUNICI	NON-TAX CEF	26202f107	223	27,740	SH		SOLE		27,740	0	0
DREYFUS STRATEGIC MUNICI	NON-TAX CEF	261932107	240	28,520	SH		SOLE		28,520	0	0
EATON VANCE CALF MUN INCOME TR	NON-TAX CEF	27826f101	304	24,686	SH		SOLE		24,686	0	0
INVESCO ADVANTAGE MUNI INCOME	NON-TAX CEF	46132e103	200	17,860	SH		OTR		0	0	17,860
INVESCO CALIFORNIA VALUE MUNIC	NON-TAX CEF	46132h106	596	49,060	SH		SOLE		49,060	0	0
INVESCO CALIFORNIA VALUE MUNIC	NON-TAX CEF	46132h106	36	2,962	SH		OTR		0	0	2,962
INVESCO MUNI OPPORTUNITY TRUST	NON-TAX CEF	46132c107	156	12,270	SH		SOLE		12,270	0	0
INVESCO QLTY MUN INCM TR SBI	NON-TAX CEF	46133g107	131	10,590	SH		SOLE		10,590	0	0
INVESCO TRUST FOR INVT GRADE M	NON-TAX CEF	46131m106	137	10,760	SH		SOLE		10,760	0	0
INVESCO TRUST FOR INVT GRADE M	NON-TAX CEF	46131m106	193	15,120	SH		OTR		0	0	15,120
INVESCO VALUE MUNI INCM TRUST	NON-TAX CEF	46132p108	168	11,500	SH		SOLE		11,500	0	0
NUVEEN AMT FREE MNCPL CR	NON-TAX CEF	67071l106	340	23,490	SH		SOLE		22,316	0	1,174
NUVEEN AMT FREE QUALITY	NON-TAX CEF	670657105	669	50,175	SH		SOLE		50,175	0	0
NUVEEN AMT FREE QUALITY	NON-TAX CEF	670657105	49	3,700	SH		OTR		0	0	3,700
NUVEEN CALIFORNIA DIVIDE	NON-TAX CEF	67066y105	868	61,413	SH		SOLE		59,273	0	2,140
NUVEEN CALIFORNIA DIVIDE	NON-TAX CEF	67066y105	34	2,391	SH		OTR		0	0	2,391
NUVEEN ENHANCED MUNICIPA	NON-TAX CEF	67074m101	308	22,020	SH		SOLE		20,860	0	1,160
NUVEEN ENHANCED MUNICIPA	NON-TAX CEF	67074m101	188	13,430	SH		OTR		0	0	13,430
NUVEEN MUNI HIGH INC OPP	NON-TAX CEF	670682103	296	23,140	SH		SOLE		23,140	0	0
NUVEEN QUALITY MUNICIPAL	NON-TAX CEF	67066v101	696	49,840	SH		SOLE		49,840	0	0
NUVEN CALIFOR AMT FREE Q	NON-TAX CEF	670651108	244	17,069	SH		SOLE		17,069	0	0
NUVEN CALIFOR AMT FREE Q	NON-TAX CEF	670651108	3	217	SH		OTR		0	0	217
PIMCO CALIFOR MUNI INCM	NON-TAX CEF	72201c109	159	14,040	SH		SOLE		12,400	0	1,640
PIMCO MUNICIPAL INCOME C	NON-TAX CEF	72200r107	265	18,413	SH		OTR		0	0	18,413
PIMCO MUNICIPAL INCOME I	NON-TAX CEF	72200w106	327	26,745	SH		SOLE		26,745	0	0
PIMCO MUNICIPAL INCOME I	NON-TAX CEF	72201a103	135	11,910	SH		SOLE		11,910	0	0
WESTERN ASST MNGD MUNCPL	NON-TAX CEF	95766m105	436	31,780	SH		SOLE		31,780	0	0
WESTERN ASST MNGD MUNCPL	NON-TAX CEF	95766m105	179	13,040	SH		OTR		0	0	13,040
BLACKROCK TAXABL MUNI BN	TAXABLE MUNI CEF	09248x100	412	19,075	SH		SOLE		19,075	0	0
BLACKROCK TAXABL MUNI BN	TAXABLE MUNI CEF	09248x100	195	9,022	SH		OTR		0	0	9,022
1/100000 CUTWATER SELXXX N/C T	TAXABLE CEF	cdc229100	0	49,520	SH		OTR		0	0	49,520
ALLIANZGI CONV & INCOMEFD II C	TAXABLE CEF	018825109	36	6,285	SH		SOLE		6,285	0	0
ALLIANZGI CONV & INCOMEFD II C	TAXABLE CEF	018825109	25	4,295	SH		OTR		0	0	4,295
BLACKROCK CORPORATE HIGH	TAXABLE CEF	09255p107	174	16,022	SH		SOLE		16,022	0	0
BLACKROCK CREDIT ALLOCAT	TAXABLE CEF	092508100	507	39,080	SH		SOLE		39,080	0	0
BLACKROCK CREDIT ALLOCAT	TAXABLE CEF	092508100	2	178	SH		OTR		0	0	178
BLACKROCK LIMITED DURATI	TAXABLE CEF	09249w101	155	10,212	SH		SOLE		10,212	0	0
BROOKFIELD REAL ASSETS I	TAXABLE CEF	112830104	339	15,195	SH		SOLE		15,195	0	0
CALAMOS CONVERTIBLE AND	TAXABLE CEF	12811p108	389	36,840	SH		SOLE		36,840	0	0
CALAMOS CONVERTIBLE AND	TAXABLE CEF	12811p108	61	5,825	SH		OTR		0	0	5,825
CALAMOS CONVERTIBLE OPPO	TAXABLE CEF	128117108	468	46,375	SH		SOLE		46,375	0	0
CALAMOS CONVERTIBLE OPPO	TAXABLE CEF	128117108	157	15,555	SH		OTR		0	0	15,555
DOUBLELINE INCOME SOLUTI	TAXABLE CEF	258622109	262	13,790	SH		SOLE		13,790	0	0
DOUBLELINE INCOME SOLUTI	TAXABLE CEF	258622109	578	30,450	SH		OTR		0	0	30,450
EATON VANCE LIMITED DURA	TAXABLE CEF	27828h105	84	6,089	SH		SOLE		3,855	0	2,234
EATON VANCE LIMITED DURA	TAXABLE CEF	27828h105	139	10,120	SH		OTR		0	0	10,120
FIRST TRUST INT DUR PRF	TAXABLE CEF	33718w103	324	14,280	SH		SOLE		14,280	0	0
IVY HIGH INCOME OPPORTUN	TAXABLE CEF	465893105	156	10,585	SH		SOLE		10,585	0	0
NUVEEN FLOATG RATE INCM	TAXABLE CEF	6706en100	61	5,000	SH		SOLE		5,000	0	0
NUVEEN FLOATG RATE INCM	TAXABLE CEF	6706en100	67	5,490	SH		OTR		0	0	5,490
NUVEEN PREFERRED INCOME	TAXABLE CEF	67073b106	212	21,587	SH		SOLE		21,587	0	0
NUVEEN PREFERRED INCOME	TAXABLE CEF	67073b106	69	7,000	SH		OTR		0	0	7,000
NUVEEN QUALITY PREFERRED	TAXABLE CEF	67072c105	152	16,301	SH		SOLE		16,301	0	0
PIMCO CORPORATE OPPORTUN	TAXABLE CEF	72201b101	75	5,275	SH		SOLE		5,275	0	0
PIMCO CORPORATE OPPORTUN	TAXABLE CEF	72201b101	740	51,725	SH		OTR		0	0	51,725
PIMCO DYNMC CRDT AND MRT	TAXABLE CEF	72202d106	190	9,417	SH		SOLE		9,417	0	0
PIMCO DYNMC CRDT AND MRT	TAXABLE CEF	72202d106	354	17,500	SH		OTR		0	0	17,500
PIMCO INCOME OPPORTUNITY	TAXABLE CEF	72202b100	154	6,641	SH		SOLE		6,641	0	0
PIMCO INCOME OPPORTUNITY	TAXABLE CEF	72202b100	83	3,570	SH		OTR		0	0	3,570
PIMCO INCOME STRATEGY II	TAXABLE CEF	72201j104	153	16,144	SH		SOLE		16,144	0	0
PIMCO INCOME STRATEGY II	TAXABLE CEF	72201j104	33	3,499	SH		OTR		0	0	3,499
WELLS FARGO INCOME OPPOR	TAXABLE CEF	94987b105	171	20,197	SH		SOLE		12,300	0	7,897
WELLS FARGO INCOME OPPOR	TAXABLE CEF	94987b105	21	2,425	SH		OTR		0	0	2,425
WELLS FARGO MULTI SECTOR	TAXABLE CEF	94987d101	53	4,137	SH		SOLE		1,625	0	2,512
WELLS FARGO MULTI SECTOR	TAXABLE CEF	94987d101	131	10,195	SH		OTR		0	0	10,195
WESTERN ASST HIGH INCM I	TAXABLE CEF	95766j102	86	12,160	SH		SOLE		12,160	0	0
WESTRN ASST HIGH INCM OP	TAXABLE CEF	95766k109	74	14,810	SH		SOLE		14,810	0	0
BLACKROCK ENHANCED EQUIT	CEFS	09251a104	418	51,271	SH		OTR		0	0	51,271
BLACKROCK ENHCD CAPITL A	CEFS	09256a109	214	15,600	SH		SOLE		15,600	0	0
BLACKROCK GLOBAL OPPORTU	CEFS	092501105	46	4,000	SH		SOLE		4,000	0	0
BLACKROCK GLOBAL OPPORTU	CEFS	092501105	1,063	91,873	SH		OTR		0	0	91,873
BLACKROCK INTL GROWTH TR	CEFS	092524107	460	83,568	SH		OTR		0	0	83,568
CLOUGH GLOBAL OPPORTUNIT	CEFS	18914e106	168	18,756	SH		OTR		0	0	18,756
COHEN MLP INCOME AND ENE	CEFS	19249b106	218	19,980	SH		SOLE		17,900	0	2,080
EATON VANCE RISK MAN DIV	CEFS	27829g106	102	11,350	SH		SOLE		11,350	0	0
EATON VANCE RISK MAN DIV	CEFS	27829g106	63	7,000	SH		OTR		0	0	7,000
EATON VNCE MGD GLBL BUY	CEFS	27829c105	233	23,100	SH		SOLE		23,100	0	0
FIDUCIARY/CLAYMORE MLP O	CEFS	31647q106	435	29,185	SH		SOLE		29,185	0	0
JOHN HANCOCK PREMIUM DIV	CEFS	41013t105	282	18,000	SH		SOLE		18,000	0	0
LIBERTY ALL STAR EQUITY	CEFS	530158104	204	39,462	SH		SOLE		39,462	0	0
LIBERTY ALL STAR EQUITY	CEFS	530158104	14	2,680	SH		OTR		0	0	2,680
ROYCE VALUE CF	CEFS	780910105	141	10,500	SH		SOLE		10,500	0	0
TEMPLETON DRAGON CF	CEFS	88018t101	280	17,072	SH		OTR		0	0	17,072
CENTRAL FUND CDA CF	COMMOD TXBLE CEF	153501101	3,075	272,400	SH		OTR		0	0	272,400
SPROTT PHYSICAL GOLD ETV	COMMOD TXBLE CEF	85207h104	746	79,394	SH		OTR		0	0	79,394
VANECK VECTORS RUSSIA ETF	ETFS	92189f403	2,493	117,500	SH		OTR		0	0	117,500
ISHARES GOLD ETF	ETF	464285105	24	2,188	SH		SOLE		2,188	0	0
ISHARES GOLD ETF	ETF	464285105	166	15,000	SH		OTR		0	0	15,000
EATON VANCE TAX ADVANTAG	CEFS	27828g107	1,015	49,423	SH		SOLE		49,423	0	0
EATON VANCE TAX ADVANTAG	CEFS	27828g107	383	18,654	SH		OTR		0	0	18,654
EATON VANCE TX ADVNT GLB	CEFS	27828u106	490	23,545	SH		SOLE		23,545	0	0
EATON VANCE TX ADVNT GLB	CEFS	27828u106	313	15,045	SH		OTR		0	0	15,045
GABELLI EQUITY CF	CEFS	362397101	662	120,000	SH		SOLE		120,000	0	0
GABELLI EQUITY CF	CEFS	362397101	1,114	201,808	SH		OTR		0	0	201,808
NUVEEN TAX ADVNTGD DIVDN	CEFS	67073g105	209	14,970	SH		SOLE		14,970	0	0
Q L T INC WTS F WARRANTS EXP U	WT	746992171	0	30,000	SH		OTR		0	0	30,000
Q L T INC WTS F WARRANTS EXP U	WT	746992189	0	30,000	SH		OTR		0	0	30,000
ALTAIR - CLO EQUITY FUND	ETF	000000000	52	51,574	SH		OTR		0	0	51,574
ALTAIR - DIRECT LENDINGFUND LL	ETF	zzc99d246	152	118,049	SH		OTR		0	0	118,049
ALTAIR - GOLUB CAPITAL VIIILP	ETF	92299q117	222	223,058	SH		OTR		0	0	223,058
ALTAIR - PACIFIC COAST CAP PTN	ETF	92299r115	120	95,385	SH		OTR		0	0	95,385
ALTAIR - PACIFIC COAST CAP PTN	ETF	92299r115	120	95,385	SH		OTR		0	0	95,385
ALTAIR - SECONDARIES FUND	ETF	000000000	58	57,701	SH		OTR		0	0	57,701
ALTAIR - SENIOR HOUSING FUND I	ETF	021LU1558	69	72,592	SH		OTR		0	0	72,592
ALTAIR - SPECIAL OPPORTUNITY	ETF	zzc99d246	125	94,735	SH		OTR		0	0	94,735
ALTAIR - SPECIAL OPPORTUNITY	ETF	zzc99d246	312	236,837	SH		OTR		0	0	236,837
ANNALY CAPITAL MGMT REIT	ETF	035710409	2	161	SH		SOLE		161	0	0
ANNALY CAPITAL MGMT REIT	ETF	035710409	169	17,000	SH		OTR		0	0	17,000
ISHARES TR MTG REL ETFNEW	ETF	46435g342	210	5,000	SH		OTR		0	0	5,000
NORTHSTAR REALTY FIN XXX MANDA	ETF	66704r803	455	30,000	SH		SOLE		28,000	0	2,000
NORTHSTAR REALTY FIN XXX MANDA	ETF	66704r803	717	47,310	SH		OTR		0	0	47,310
ISHARES COHEN AND STEERS REIT	ETF	464287564	2,237	22,452	SH		SOLE		22,102	0	350
ISHARES COHEN AND STEERS REIT	ETF	464287564	176	1,767	SH		OTR		0	0	1,767
ISHARES US REAL ESTATE ETF	ETF	464287739	401	5,210	SH		SOLE		5,210	0	0
VANGUARD REIT ETF	ETF	922908553	1,625	19,685	SH		SOLE		19,365	0	320
VANGUARD REIT ETF	ETF	922908553	67	815	SH		OTR		0	0	815