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	2,249	900	SH		SOLE		900	0	0
3M COMPANY	COM	88579y101	121	634	SH		SOLE		634	0	0
3M COMPANY	COM	88579y101	124	650	SH		OTR		0	0	650
A T & T INC	COM	00206r102	138	3,329	SH		SOLE		3,329	0	0
A T & T INC	COM	00206r102	104	2,495	SH		OTR		0	0	2,495
ABBOTT LABORATORIES	COM	002824100	58	1,312	SH		SOLE		1,312	0	0
ABBOTT LABORATORIES	COM	002824100	268	6,042	SH		OTR		0	0	6,042
ABBVIE INC	COM	00287y109	403	6,191	SH		SOLE		6,191	0	0
ABBVIE INC	COM	00287y109	62	948	SH		OTR		0	0	948
ACADIA PHARMACEUTL	COM	004225108	275	8,000	SH		SOLE		8,000	0	0
ACADIA PHARMACEUTL	COM	004225108	34	985	SH		OTR		0	0	985
AIA GROUP LTD ORDF	COM	y002a1105	112	17,800	SH		SOLE		17,800	0	0
ALACER GOLD CORP F	COM	010679108	117	58,000	SH		SOLE		58,000	0	0
ALACER GOLD CORP F	COM	010679108	593	293,410	SH		OTR		0	0	293,410
ALPHABET INC. CLASS A	COM	02079k305	522	616	SH		SOLE		616	0	0
ALPHABET INC. CLASS A	COM	02079k305	293	346	SH		OTR		0	0	346
ALPHABET INC. CLASS C	COM	02079k107	995	1,200	SH		SOLE		1,200	0	0
ALPHABET INC. CLASS C	COM	02079k107	258	311	SH		OTR		0	0	311
ALTRIA GROUP INC	COM	02209s103	685	9,594	SH		SOLE		9,594	0	0
ALTRIA GROUP INC	COM	02209s103	1,278	17,896	SH		OTR		0	0	17,896
AMAZON COM INC	COM	023135106	1,277	1,440	SH		SOLE		1,440	0	0
AMAZON COM INC	COM	023135106	6,283	7,087	SH		OTR		0	0	7,087
AMERICAN INTL GROUP	COM	026874784	261	4,183	SH		SOLE		4,183	0	0
AMERICAN INTL GROUP	COM	026874784	0	1	SH		OTR		0	0	1
AMGEN INCORPORATED	COM	031162100	465	2,832	SH		SOLE		2,832	0	0
AMGEN INCORPORATED	COM	031162100	97	593	SH		OTR		0	0	593
ANTHEM INC	COM	036752103	242	1,463	SH		OTR		0	0	1,463
APOLLO INVESTMENT CORP	COM	03761u106	322	49,100	SH		SOLE		49,100	0	0
APOLLO INVESTMENT CORP	COM	03761u106	5	800	SH		OTR		0	0	800
APPLE INC	COM	037833100	2,300	16,012	SH		SOLE		16,012	0	0
APPLE INC	COM	037833100	1,565	10,893	SH		OTR		0	0	10,893
ARCONIC INC	COM	03965l100	0	1	SH		SOLE		1	0	0
ARCONIC INC	COM	03965l100	351	13,333	SH		OTR		0	0	13,333
ARRAY BIOPHARMA INC	COM	04269x105	1,265	141,470	SH		OTR		0	0	141,470
ARTPRICE.COM ORDF	COM	f0405c108	427	28,000	SH		OTR		0	0	28,000
Atomera Incorporated	COM	000000000	1,909	269,623	SH		OTR		0	0	269,623
BANK OF AMERICA CORP	COM	060505104	2,589	109,760	SH		SOLE		108,280	0	1,480
BANK OF AMERICA CORP	COM	060505104	896	37,973	SH		OTR		0	0	37,973
BANK OF CHINA LTD ORDF	COM	y0698a107	16	32,200	SH		SOLE		32,200	0	0
BARRICK GOLD CORP F	COM	067901108	1,244	65,515	SH		OTR		0	0	65,515
BEAR ST FINL INC	COM	073844102	96	10,176	SH		OTR		0	0	10,176
BERKSHIRE HATHAWAY B NEW CLASS	COM	084670702	767	4,600	SH		SOLE		4,600	0	0
BERKSHIRE HATHAWAY B NEW CLASS	COM	084670702	31,500	188,986	SH		OTR		0	0	188,986
BERKSHIRE HATHAWAY CLASS B	COM	084670702	739	4,434	SH		SOLE		4,434	0	0
BERKSHIRE HATHAWAY CLASS B	COM	084670702	15	90	SH		OTR		0	0	90
BILLABONG INTL NEW ORD F	COM	q1502g206	29	30,240	SH		OTR		0	0	30,240
BLACK KNIGHT FINL SVCSINC CL A	COM	09214x100	996	26,000	SH		OTR		0	0	26,000
BLACKBERRY LTD F	COM	09228f103	80	10,275	SH		SOLE		10,275	0	0
BLACKBERRY LTD F	COM	09228f103	1,163	150,000	SH		OTR		0	0	150,000
BOEING CO	COM	097023105	130	736	SH		SOLE		736	0	0
BOEING CO	COM	097023105	1,280	7,239	SH		OTR		0	0	7,239
BOOZ ALLEN HAMILTON CLASS A	COM	099502106	277	7,816	SH		OTR		0	0	7,816
BROADCOM LTD F	COM	y09827109	174	795	SH		SOLE		795	0	0
BROADCOM LTD F	COM	y09827109	99	450	SH		OTR		0	0	450
Bionovo Inc.	COM	000000000	0	10,000	SH		OTR		0	0	10,000
C H ROBINSON WORLDWD	COM	12541w209	200	2,594	SH		OTR		0	0	2,594
C N A FINANCIAL CORP	COM	126117100	205	4,650	SH		OTR		0	0	4,650
CANOPUS BIOPHARMA INC	COM	138034103	24	80,000	SH		OTR		0	0	80,000
CARDINAL HEALTH INC	COM	14149y108	16	193	SH		SOLE		193	0	0
CARDINAL HEALTH INC	COM	14149y108	240	2,937	SH		OTR		0	0	2,937
CATERPILLAR INC	COM	149123101	2,851	30,740	SH		SOLE		30,123	0	617
CATERPILLAR INC	COM	149123101	156	1,677	SH		OTR		0	0	1,677
CBS CORP CLASS B	COM	124857202	540	7,780	SH		SOLE		7,780	0	0
CHENIERE ENERGY INC	COM	16411R208	340	7,200	SH		SOLE		7,200	0	0
CHESAPEAKE ENERGY CO	COM	165167107	18	2,985	SH		SOLE		2,985	0	0
CHESAPEAKE ENERGY CO	COM	165167107	85	14,290	SH		OTR		0	0	14,290
CHEVRON CORPORATION	COM	166764100	353	3,283	SH		SOLE		3,283	0	0
CHEVRON CORPORATION	COM	166764100	51	477	SH		OTR		0	0	477
CISCO SYSTEMS INC	COM	17275r102	386	11,417	SH		SOLE		11,417	0	0
CISCO SYSTEMS INC	COM	17275r102	282	8,338	SH		OTR		0	0	8,338
CITIGROUP INC NEW	COM	172967424	20	326	SH		SOLE		101	0	225
CITIGROUP INC NEW	COM	172967424	1,632	27,287	SH		OTR		0	0	27,287
COLONY NORTHSTAR INC	COM	19625w104	413	32,000	SH		SOLE		32,000	0	0
COLONY NORTHSTAR INC	COM	19625w104	768	59,522	SH		OTR		0	0	59,522
COMCAST CORPORATION CLASS A	COM	20030n101	680	18,078	SH		SOLE		18,078	0	0
COMCAST CORPORATION CLASS A	COM	20030n101	173	4,602	SH		OTR		0	0	4,602
COSTCO WHOLESALE CO	COM	22160k105	193	1,153	SH		SOLE		1,153	0	0
COSTCO WHOLESALE CO	COM	22160k105	346	2,062	SH		OTR		0	0	2,062
CRACKER BARREL OLD	COM	22410j106	217	1,361	SH		OTR		0	0	1,361
CROWN CASTLE INTL CORP	COM	22822V101	486	5,147	SH		SOLE		5,147	0	0
CYBERARK SOFTWRE LTD F	COM	m2682v108	280	5,500	SH		OTR		0	0	5,500
CYPRESS SEMICONDUCTR	COM	232806109	413	30,000	SH		SOLE		30,000	0	0
CYPRESS SEMICONDUCTR	COM	232806109	12	878	SH		OTR		0	0	878
Conographic Corp Calif Restr	COM	000000000	0	11,000	SH		OTR		0	0	11,000
D R HORTON CO	COM	23331a109	249	7,479	SH		OTR		0	0	7,479
EMERSON ELECTRIC CO	COM	291011104	596	9,964	SH		SOLE		9,964	0	0
EXXON MOBIL CORP	COM	30231g102	587	7,152	SH		SOLE		7,152	0	0
EXXON MOBIL CORP	COM	30231g102	49	595	SH		OTR		0	0	595
FACEBOOK INC CLASS A	COM	30303m102	489	3,441	SH		SOLE		3,441	0	0
FACEBOOK INC CLASS A	COM	30303m102	826	5,813	SH		OTR		0	0	5,813
FIDELITY NATIONAL FINANCIALIN	COM	31620r303	12,647	324,775	SH		OTR		0	0	324,775
FIDELITY NATIONAL FINANCIALIN	COM	31620r402	1,471	111,033	SH		OTR		0	0	111,033
FIDELITY NATL INFO	COM	31620m106	8,874	111,455	SH		OTR		0	0	111,455
FIRST PACIFIC COMP ORDF	COM	g34804107	27	36,600	SH		OTR		0	0	36,600
FIRST REP BK SAN FRANCISCOCAL	COM	33616c100	352	3,750	SH		OTR		0	0	3,750
FORD MOTOR COMPANY	COM	345370860	60	5,180	SH		SOLE		5,180	0	0
FORD MOTOR COMPANY	COM	345370860	141	12,100	SH		OTR		0	0	12,100
FREEPORT MCMORAN INC	COM	35671d857	33	2,475	SH		SOLE		2,475	0	0
FREEPORT MCMORAN INC	COM	35671d857	405	30,350	SH		OTR		0	0	30,350
GENERAL ELECTRIC CO	COM	369604103	980	32,891	SH		SOLE		32,891	0	0
GENERAL ELECTRIC CO	COM	369604103	2,475	83,041	SH		OTR		0	0	83,041
GENERAL MOTORS CO	COM	37045v100	0	11	SH		SOLE		11	0	0
GENERAL MOTORS CO	COM	37045v100	284	8,042	SH		OTR		0	0	8,042
GENTEX CORP	COM	371901109	297	13,903	SH		OTR		0	0	13,903
GILEAD SCIENCES INC	COM	375558103	466	6,858	SH		SOLE		6,858	0	0
GILEAD SCIENCES INC	COM	375558103	59	865	SH		OTR		0	0	865
GOLDMAN SACHS GROUP	COM	38141g104	392	1,708	SH		SOLE		1,392	0	316
GOLDMAN SACHS GROUP	COM	38141g104	116	503	SH		OTR		0	0	503
GRAN COLOMBIA GOLD F	COM	38501d501	11	145,300	SH		OTR		0	0	145,300
HALLIBURTON CO HLDG	COM	406216101	630	12,800	SH		OTR		0	0	12,800
HASBRO INC	COM	418056107	35	355	SH		SOLE		355	0	0
HASBRO INC	COM	418056107	182	1,822	SH		OTR		0	0	1,822
HENRY JACK & ASSOC	COM	426281101	220	2,358	SH		SOLE		2,358	0	0
HENRY JACK & ASSOC	COM	426281101	217	2,332	SH		OTR		0	0	2,332
HERBALIFE LTD F	COM	g4412g101	29	500	SH		SOLE		500	0	0
HERBALIFE LTD F	COM	g4412g101	201	3,450	SH		OTR		0	0	3,450
HILTON WORLDWIDE HLD	COM	43300a203	649	11,099	SH		OTR		0	0	11,099
HOME DEPOT INC	COM	437076102	253	1,724	SH		SOLE		1,724	0	0
HOME DEPOT INC	COM	437076102	241	1,639	SH		OTR		0	0	1,639
IBM CORP	COM	459200101	96	554	SH		SOLE		554	0	0
IBM CORP	COM	459200101	195	1,121	SH		OTR		0	0	1,121
IDENTIVE INC	COM	45170x205	188	26,605	SH		OTR		0	0	26,605
IDERA PHARMA	COM	45168k306	56	22,570	SH		SOLE		22,570	0	0
IDERA PHARMA	COM	45168k306	383	155,000	SH		OTR		0	0	155,000
INTEL CORP	COM	458140100	2,938	81,457	SH		SOLE		79,929	0	1,528
INTEL CORP	COM	458140100	2,157	59,805	SH		OTR		0	0	59,805
INTERNATIONAL PAPER	COM	460146103	711	14,000	SH		OTR		0	0	14,000
INTUITIVE SURGICAL	COM	46120e602	441	575	SH		SOLE		575	0	0
INVESCO LTD	COM	G491BT108	518	16,900	SH		SOLE		16,900	0	0
J ALEXANDERS HOLDING CLASS A	COM	46609j106	993	98,772	SH		OTR		0	0	98,772
JOHNSON & JOHNSON	COM	478160104	173	1,390	SH		SOLE		1,390	0	0
JOHNSON & JOHNSON	COM	478160104	638	5,120	SH		OTR		0	0	5,120
JPMORGAN CHASE & CO	COM	46625h100	1,105	12,579	SH		SOLE		11,100	0	1,479
JPMORGAN CHASE & CO	COM	46625h100	697	7,938	SH		OTR		0	0	7,938
LA JOLLA PHARMA	COM	503459604	659	22,092	SH		OTR		0	0	22,092
LANNETT INC	COM	516012101	346	15,500	SH		OTR		0	0	15,500
LIGHTWAVE LOGIC INC COM	COM	532275104	7	10,000	SH		OTR		0	0	10,000
MACYS INC	COM	55616p104	1,245	42,000	SH		OTR		0	0	42,000
MAGNACHIP SEMICONDUC	COM	55933j203	181	19,000	SH		SOLE		19,000	0	0
MAGNACHIP SEMICONDUC	COM	55933j203	115	12,000	SH		OTR		0	0	12,000
MANULIFE FINANCIAL F	COM	56501r106	259	14,608	SH		SOLE		14,608	0	0
MANULIFE FINANCIAL F	COM	56501r106	997	56,178	SH		OTR		0	0	56,178
MERCK & CO INC	COM	58933y105	2,843	44,748	SH		SOLE		44,433	0	315
MERCK & CO INC	COM	58933y105	786	12,366	SH		OTR		0	0	12,366
MERIDIAN BIOSCIENCE	COM	589584101	75	5,400	SH		SOLE		5,400	0	0
MERIDIAN BIOSCIENCE	COM	589584101	414	30,000	SH		OTR		0	0	30,000
MICROSOFT CORP	COM	594918104	389	5,902	SH		SOLE		5,902	0	0
MICROSOFT CORP	COM	594918104	3,380	51,326	SH		OTR		0	0	51,326
MOTOROLA SOLUTIONS	COM	620076307	246	2,857	SH		OTR		0	0	2,857
N V R INC	COM	62944t105	204	97	SH		OTR		0	0	97
NETFLIX INC	COM	64110l106	522	3,529	SH		SOLE		3,529	0	0
NETFLIX INC	COM	64110l106	7	50	SH		OTR		0	0	50
NEXTERA ENERGY INC	COM	65339f101	56	436	SH		SOLE		436	0	0
NEXTERA ENERGY INC	COM	65339f101	194	1,508	SH		OTR		0	0	1,508
NIKE INC CLASS B	COM	654106103	515	9,240	SH		SOLE		9,240	0	0
NIKE INC CLASS B	COM	654106103	73	1,316	SH		OTR		0	0	1,316
NVIDIA CORP	COM	67066g104	545	5,000	SH		SOLE		5,000	0	0
NVIDIA CORP	COM	67066g104	253	2,326	SH		OTR		0	0	2,326
OCCIDENTAL PETE CORP	COM	674599105	255	4,023	SH		SOLE		4,023	0	0
OCEAN RIG UDW INC F	COM	g66964100	4	15,000	SH		SOLE		15,000	0	0
OCEAN RIG UDW INC F	COM	g66964100	28	97,115	SH		OTR		0	0	97,115
OPKO HEALTH INC	COM	68375n103	360	45,000	SH		OTR		0	0	45,000
ORACLE CORPORATION	COM	68389x105	791	17,736	SH		SOLE		17,107	0	629
ORACLE CORPORATION	COM	68389x105	2,089	46,838	SH		OTR		0	0	46,838
PACWEST BANCORP	COM	695263103	1,474	27,676	SH		SOLE		27,676	0	0
PACWEST BANCORP	COM	695263103	27	503	SH		OTR		0	0	503
PAYCHEX INC	COM	704326107	46	784	SH		SOLE		784	0	0
PAYCHEX INC	COM	704326107	203	3,446	SH		OTR		0	0	3,446
PEPSICO INCORPORATED	COM	713448108	379	3,391	SH		SOLE		3,391	0	0
PEPSICO INCORPORATED	COM	713448108	44	398	SH		OTR		0	0	398
PFIZER INCORPORATED	COM	717081103	3,519	102,868	SH		SOLE		102,034	0	834
PFIZER INCORPORATED	COM	717081103	337	9,856	SH		OTR		500	0	9,856
PHILIP MORRIS INTL	COM	718172109	687	6,087	SH		SOLE		6,087	0	0
PHILIP MORRIS INTL	COM	718172109	10,217	90,498	SH		OTR		0	0	90,498
PRICELINE GROUP	COM	741503403	308	173	SH		SOLE		173	0	0
PRICELINE GROUP	COM	741503403	142	80	SH		OTR		0	0	80
PROCTER & GAMBLE	COM	742718109	533	5,937	SH		SOLE		5,937	0	0
PROCTER & GAMBLE	COM	742718109	1,446	16,092	SH		OTR		0	0	16,092
PURATION INC	COM	74609p104	2	50,000	SH		OTR		0	0	50,000
PZENA INVESTMENT MGM CLASS A	COM	74731q103	151	15,315	SH		OTR		0	0	15,315
QUALCOMM INC	COM	747525103	225	3,922	SH		SOLE		3,678	0	244
QUALCOMM INC	COM	747525103	23	394	SH		OTR		0	0	394
RENT A CENTER INC	COM	76009n100	310	35,000	SH		SOLE		35,000	0	0
RENT A CENTER INC	COM	76009n100	355	40,000	SH		OTR		0	0	40,000
SALESFORCE COM	COM	79466l302	874	10,600	SH		SOLE		10,600	0	0
SCHLUMBERGER LTD F	COM	806857108	322	4,125	SH		SOLE		4,125	0	0
SCHLUMBERGER LTD F	COM	806857108	55	704	SH		OTR		0	0	704
SEMGROUP CORP CLASS A	COM	81663a105	487	13,539	SH		SOLE		13,539	0	0
SHINSEI BANK LTD ORDF	COM	j7385l103	149	81,000	SH		OTR		0	0	81,000
SIRIUS XM RADIO INC	COM	82968b103	54	10,525	SH		SOLE		10,525	0	0
SKYWORKS SOLUTIONS	COM	83088m102	225	2,300	SH		SOLE		2,300	0	0
SPECTRUM GROUP SHS	COM	jeh63m206	0	48,467	SH		OTR		0	0	48,467
STARBUCKS CORP	COM	855244109	339	5,811	SH		SOLE		5,811	0	0
STARBUCKS CORP	COM	855244109	70	1,195	SH		OTR		0	0	1,195
SUMITOMO CORP ORDF	COM	j77282119	151	11,250	SH		OTR		0	0	11,250
SUNOPTA INC F	COM	8676ep108	70	10,000	SH		SOLE		10,000	0	0
SUNOPTA INC F	COM	8676ep108	76	11,000	SH		OTR		0	0	11,000
SYMANTEC CORP	COM	871503108	600	19,568	SH		SOLE		19,568	0	0
TABLEAU SOFTWARE INC CLASS A	COM	87336u105	674	13,606	SH		SOLE		13,606	0	0
TABLEAU SOFTWARE INC CLASS A	COM	87336u105	31	628	SH		OTR		0	0	628
TARGA RESOURCES CORP	COM	87612g101	615	10,266	SH		SOLE		10,266	0	0
TARGET CORPORATION	COM	87612e106	28	510	SH		SOLE		510	0	0
TARGET CORPORATION	COM	87612e106	988	17,900	SH		OTR		0	0	17,900
TELESITES SAB DE C ORDF	COM	p90355127	7	11,550	SH		OTR		0	0	11,550
TEXAS INSTRUMENTS	COM	882508104	127	1,572	SH		SOLE		1,572	0	0
TEXAS INSTRUMENTS	COM	882508104	233	2,888	SH		OTR		0	0	2,888
TIVO CORPORATION	COM	88870p106	206	11,000	SH		SOLE		11,000	0	0
TIVO CORPORATION	COM	88870p106	131	7,000	SH		OTR		0	0	7,000
TYSON FOODS INC CLASS A	COM	902494103	617	10,000	SH		OTR		0	0	10,000
U S BANCORP	COM	902973304	62	1,212	SH		SOLE		1,212	0	0
U S BANCORP	COM	902973304	6,438	125,000	SH		OTR		0	0	125,000
UNITED PARCEL SRVC CLASS B	COM	911312106	12,294	114,574	SH		SOLE		114,574	0	0
UNITED PARCEL SRVC CLASS B	COM	911312106	19,081	177,830	SH		OTR		0	0	177,830
UNIVERSAL HLTH SVCS CLASS B	COM	913903100	290	2,330	SH		SOLE		2,330	0	0
UNIVERSAL HLTH SVCS CLASS B	COM	913903100	1	6	SH		OTR		0	0	6
VALERO ENERGY CORP	COM	91913y100	136	2,050	SH		SOLE		2,050	0	0
VALERO ENERGY CORP	COM	91913y100	133	2,000	SH		OTR		0	0	2,000
VASCO DATA SECURITY	COM	92230y104	270	20,000	SH		OTR		0	0	20,000
VERIZON COMMUNICATN	COM	92343v104	2,277	46,712	SH		SOLE		46,325	0	387
VERIZON COMMUNICATN	COM	92343v104	604	12,387	SH		OTR		0	0	12,387
VISA INC CLASS A	COM	92826c839	942	10,596	SH		SOLE		10,596	0	0
VISA INC CLASS A	COM	92826c839	400	4,500	SH		OTR		0	0	4,500
WAL-MART STORES INC	COM	931142103	45	630	SH		SOLE		630	0	0
WAL-MART STORES INC	COM	931142103	173	2,406	SH		OTR		0	0	2,406
WALT DISNEY CO	COM	254687106	575	5,068	SH		SOLE		5,068	0	0
WALT DISNEY CO	COM	254687106	50	439	SH		OTR		0	0	439
WELLS FARGO BK N A	COM	949746101	338	6,073	SH		SOLE		4,158	0	1,915
WELLS FARGO BK N A	COM	949746101	215	3,866	SH		OTR		0	0	3,866
WILLIAMS COMPANIES	COM	969457100	517	17,474	SH		SOLE		17,474	0	0
WILLIAMS COMPANIES	COM	969457100	1,186	40,095	SH		OTR		0	0	40,095
XEROX CORP	COM	984121103	257	35,000	SH		OTR		0	0	35,000
AEGON NV F SPONSORED ADR 1 ADR	ADR	007924103	146	28,500	SH		OTR		0	0	28,500
ALLIANZ SE F SPONSORED ADR 1 A	ADR	018805101	111	6,017	SH		SOLE		6,017	0	0
ALLIANZ SE F SPONSORED ADR 1 A	ADR	018805101	556	30,000	SH		OTR		0	0	30,000
BAIDU INC F SPONSORED ADR 1 AD	ADR	056752108	291	1,687	SH		SOLE		1,687	0	0
BAYER AG F SPONSORED ADR 1 ADR	ADR	072730302	692	6,000	SH		OTR		0	0	6,000
BP PLC F SPONSORED ADR 1 ADR R	ADR	055622104	363	10,518	SH		SOLE		10,518	0	0
BP PLC F SPONSORED ADR 1 ADR R	ADR	055622104	250	7,250	SH		OTR		0	0	7,250
C K HUTCHISON HOLDIN F SPONSOR	ADR	12562y100	74	6,030	SH		SOLE		6,030	0	0
C K HUTCHISON HOLDIN F SPONSOR	ADR	12562y100	60	4,875	SH		OTR		0	0	4,875
DEUTSCHE TELEKOM AG F SPONSORE	ADR	251566105	60	3,415	SH		SOLE		3,415	0	0
DEUTSCHE TELEKOM AG F SPONSORE	ADR	251566105	430	24,500	SH		OTR		0	0	24,500
ENEL SOCIETA PER AZIONI ADR	ADR	29265W207	58	12,430	SH		SOLE		12,430	0	0
GAZPROM PJSC F ADR 1 ADR REPS	ADR	368287207	1,631	363,600	SH		SOLE		363,600	0	0
LLOYDS BANKING GROUP PLC ADR	ADR	539439109	126	37,103	SH		SOLE		37,103	0	0
SIEMENS A G F SPONSORED ADR 1	ADR	826197501	959	14,000	SH		OTR		0	0	14,000
TAIWAN SEMICONDUCTR F SPONSORE	ADR	874039100	233	7,085	SH		SOLE		7,085	0	0
TAIWAN SEMICONDUCTR F SPONSORE	ADR	874039100	9,852	300,000	SH		OTR		0	0	300,000
TESCO PLC SPONS ADR	ADR	881575302	71	10,116	SH		SOLE		10,116	0	0
TESCO PLC SPONS ADR	ADR	881575302	4	525	SH		OTR		0	0	525
ALPS ALERIAN MLP ETF	INDEX CEF	00162q866	400	31,505	SH		SOLE		31,505	0	0
ALPS ALERIAN MLP ETF	INDEX CEF	00162q866	14	1,117	SH		OTR		0	0	1,117
DRXN DLY GLD MNS INX BL 3X ETF	INDEX CEF	25490k570	180	20,000	SH		OTR		0	0	20,000
ENERGY SELECT SECTOR SPDR ETF	INDEX CEF	81369y506	1,260	18,023	SH		SOLE		18,023	0	0
ENERGY SELECT SECTOR SPDR ETF	INDEX CEF	81369y506	149	2,134	SH		OTR		0	0	2,134
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	487	61,210	SH		OTR		0	0	61,210
ISHARES CORE S&P 500 ETF	INDEX CEF	464287200	9,816	41,369	SH		SOLE		20,778	0	20,591
ISHARES CORE S&P SMALL CAP ETF	INDEX CEF	464287804	60	871	SH		SOLE		573	0	298
ISHARES CORE S&P SMALL CAP ETF	INDEX CEF	464287804	690	9,970	SH		OTR		0	0	9,970
ISHARES CORE S&P US GROWTH ETF	INDEX CEF	464287671	7,494	161,570	SH		SOLE		98,236	0	63,334
ISHARES CORE S&P US GROWTH ETF	INDEX CEF	464287671	417	8,990	SH		OTR		0	0	8,990
ISHARES MSCI BRAZIL CAPPED ETF	INDEX CEF	464286400	450	12,000	SH		SOLE		12,000	0	0
ISHARES MSCI BRAZIL CAPPED ETF	INDEX CEF	464286400	749	20,000	SH		OTR		0	0	20,000
ISHARES MSCI EAFE ETF	INDEX CEF	464287465	1,578	25,328	SH		SOLE		12,760	0	12,568
ISHARES MSCI EAFE ETF	INDEX CEF	464287465	1,315	21,110	SH		OTR		0	0	21,110
ISHARES MSCI EMERGING MARKETS	INDEX CEF	464287234	329	8,341	SH		OTR		0	0	8,341
ISHARES MSCI GERMANY ETF	INDEX CEF	464286806	6,440	224,000	SH		OTR		0	0	224,000
ISHARES MSCI ITALY CAPPED ETF	INDEX CEF	46434g830	100	3,873	SH		SOLE		3,873	0	0
ISHARES MSCI ITALY CAPPED ETF	INDEX CEF	46434g830	261	10,150	SH		OTR		0	0	10,150
ISHARES MSCI TURKEY ETF	INDEX CEF	464286715	609	17,000	SH		OTR		0	0	17,000
ISHARES RUSSELL 1000 ETF	INDEX CEF	464287622	2,771	21,110	SH		OTR		0	0	21,110
ISHARES RUSSELL 1000 GROWTH ET	INDEX CEF	464287614	74	650	SH		SOLE		650	0	0
ISHARES RUSSELL 1000 GROWTH ET	INDEX CEF	464287614	3,009	26,437	SH		OTR		0	0	26,437
ISHARES RUSSELL 2000 ETF	INDEX CEF	464287655	977	7,105	SH		SOLE		7,105	0	0
ISHARES RUSSELL 2000 ETF	INDEX CEF	464287655	326	2,369	SH		OTR		0	0	2,369
ISHARES RUSSELL 2000 GROWTH ET	INDEX CEF	464287648	490	3,033	SH		OTR		0	0	3,033
ISHARES RUSSELL 3000 ETF	INDEX CEF	464287689	1,159	8,285	SH		SOLE		8,285	0	0
ISHARES RUSSELL 3000 ETF	INDEX CEF	464287689	5	38	SH		OTR		0	0	38
ISHARES RUSSELL MID CAP ETF	INDEX CEF	464287499	2,185	11,672	SH		SOLE		5,836	0	5,836
ISHARES RUSSELL MID CAP ETF	INDEX CEF	464287499	285	1,525	SH		OTR		0	0	1,525
ISHARES S&P 100 ETF	INDEX CEF	464287101	1,801	17,200	SH		SOLE		17,200	0	0
ISHARES S&P 100 ETF	INDEX CEF	464287101	834	7,969	SH		OTR		0	0	7,969
ISHARES S&P 500 GROWTH ETF	INDEX CEF	464287309	233	1,775	SH		SOLE		1,775	0	0
ISHARES S&P 500 GROWTH ETF	INDEX CEF	464287309	60	460	SH		OTR		0	0	460
ISHARES S&P MID CAP 400 GRWTH	INDEX CEF	464287606	310	1,625	SH		SOLE		1,625	0	0
ISHARES S&P MIDCAP400 VALUEETF	INDEX CEF	464287705	1,315	8,857	SH		SOLE		8,857	0	0
ISHARES SELECT DIVIDEND ETF	INDEX CEF	464287168	1,841	20,214	SH		SOLE		10,107	0	10,107
ISHARES SELECT DIVIDEND ETF	INDEX CEF	464287168	36	397	SH		OTR		0	0	397
IShares core MSCI Emerging Mar	INDEX CEF	000000000	1,710	35,786	SH		SOLE		35,786	0	0
POWERSHARES QQQ TRUST SRS 1 ET	INDEX CEF	73935a104	48,004	362,622	SH		SOLE		355,623	0	6,999
POWERSHARES QQQ TRUST SRS 1 ET	INDEX CEF	73935a104	4,886	36,907	SH		OTR		0	0	36,907
POWERSHARES S&P 500 LOW VOLAT	INDEX CEF	73937b779	11,143	256,327	SH		SOLE		253,230	0	3,097
POWERSHARES S&P 500 LOW VOLAT	INDEX CEF	73937b779	680	15,640	SH		OTR		0	0	15,640
PROSHARES ULTRASHORT FTSE EURO	INDEX CEF	74348a434	958	22,000	SH		OTR		0	0	22,000
SCHWAB US LARGE CAP ETF	INDEX CEF	808524201	841	14,951	SH		SOLE		14,951	0	0
SCHWAB US LARGE CAP ETF	INDEX CEF	808524201	75	1,324	SH		OTR		0	0	1,324
SELECT SECTOR HEALTH CARE SPDR	INDEX CEF	81369y209	13,948	187,570	SH		SOLE		184,803	0	2,767
SELECT SECTOR HEALTH CARE SPDR	INDEX CEF	81369y209	864	11,614	SH		OTR		0	0	11,614
SELECT SECTOR INDUSTRIAL SPDR	INDEX CEF	81369y704	1,351	20,768	SH		SOLE		20,768	0	0
SELECT SECTOR INDUSTRIAL SPDR	INDEX CEF	81369y704	98	1,500	SH		OTR		0	0	1,500
SELECT SECTOR UTI SELECT SPDR	INDEX CEF	81369y886	1,061	20,670	SH		SOLE		20,670	0	0
SELECT STR FINANCIAL SELECT SP	INDEX CEF	81369y605	1,731	72,944	SH		SOLE		72,944	0	0
SELECT STR FINANCIAL SELECT SP	INDEX CEF	81369y605	375	15,800	SH		OTR		0	0	15,800
SPDR EURO STOXX 50 ETF	INDEX CEF	78463x202	945	26,000	SH		OTR		0	0	26,000
SPDR FUND CONSUMER DISCRE SELE	INDEX CEF	81369y407	320	3,637	SH		SOLE		3,637	0	0
SPDR FUND CONSUMER DISCRE SELE	INDEX CEF	81369y407	26	300	SH		OTR		0	0	300
SPDR S&P 500 ETF	INDEX CEF	78462f103	88,127	373,833	SH		SOLE		369,963	0	3,870
SPDR S&P 500 ETF	INDEX CEF	78462f103	9,193	38,996	SH		OTR		0	0	38,996
SPDR S&P DIVIDEND ETF	INDEX CEF	78464a763	2,593	29,414	SH		SOLE		29,235	0	179
SPDR S&P DIVIDEND ETF	INDEX CEF	78464a763	242	2,749	SH		OTR		0	0	2,749
SPDR S&P MIDCAP 400 ETF	INDEX CEF	78467y107	582	1,863	SH		SOLE		1,863	0	0
SPDR S&P TRANSPORTATION ETF	INDEX CEF	78464a532	1,025	19,390	SH		SOLE		19,390	0	0
TECHNOLOGY SELECT SECTOR SPDR	INDEX CEF	81369y803	15,871	297,711	SH		SOLE		294,241	0	3,470
TECHNOLOGY SELECT SECTOR SPDR	INDEX CEF	81369y803	834	15,649	SH		OTR		0	0	15,649
VANECK VECTORS CHINAAMC CSI 30	INDEX CEF	92189f759	273	6,972	SH		OTR		0	0	6,972
VANECK VECTORS JR GOLD MINERS	INDEX CEF	92189f791	144	4,000	SH		SOLE		4,000	0	0
VANECK VECTORS JR GOLD MINERS	INDEX CEF	92189f791	1,943	54,000	SH		OTR		0	0	54,000
VANGUARD DIVIDEND APPRECIATION	INDEX CEF	921908844	2,799	31,118	SH		SOLE		31,118	0	0
VANGUARD FTSE DEVELOPED MARKET	INDEX CEF	921943858	1,060	26,966	SH		SOLE		26,966	0	0
VANGUARD FTSE EMERGING MARKETS	INDEX CEF	922042858	537	13,508	SH		SOLE		13,019	0	489
VANGUARD FTSE EMERGING MARKETS	INDEX CEF	922042858	163	4,092	SH		OTR		0	0	4,092
VANGUARD HIGH DIVIDEND YIELD E	INDEX CEF	921946406	222	2,860	SH		SOLE		2,860	0	0
VANGUARD INDEX FUNDS VANGUARD	INDEX CEF	922908736	2,391	19,657	SH		SOLE		19,657	0	0
VANGUARD INFORMATION TECHNOLOG	INDEX CEF	92204a702	134	985	SH		SOLE		985	0	0
VANGUARD INFORMATION TECHNOLOG	INDEX CEF	92204a702	175	1,290	SH		OTR		0	0	1,290
VANGUARD MEGA CAP GROWTH ETF	INDEX CEF	921910816	774	8,085	SH		SOLE		8,085	0	0
VANGUARD S&P 500 ETF	INDEX CEF	922908363	779	3,600	SH		SOLE		3,600	0	0
VANGUARD TELECOMMUNICATION SER	INDEX CEF	92204a884	425	4,475	SH		SOLE		4,475	0	0
VANGUARD TOTAL STOCK MARKET ET	INDEX CEF	922908769	64	526	SH		SOLE		526	0	0
VANGUARD TOTAL STOCK MARKET ET	INDEX CEF	922908769	2,038	16,796	SH		OTR		0	0	16,796
VANGUARD VALUE ETF	INDEX CEF	922908744	7,645	80,160	SH		SOLE		80,160	0	0
VANGUARD VALUE ETF	INDEX CEF	922908744	387	4,058	SH		OTR		0	0	4,058
WISDOM TREE DIVIDEND EX FINAN	INDEX CEF	97717w406	594	7,200	SH		SOLE		7,200	0	0
WISDOMTREE EUROPE HEDGED EQTY	INDEX CEF	97717x701	2,185	34,790	SH		SOLE		34,790	0	0
WISDOMTREE EUROPE HEDGED EQTY	INDEX CEF	97717x701	19	300	SH		OTR		0	0	300
WISDOMTREE JAPAN HEDGED EQUITY	INDEX CEF	97717w851	7,390	145,984	SH		SOLE		144,464	0	1,520
WISDOMTREE JAPAN HEDGED EQUITY	INDEX CEF	97717w851	573	11,310	SH		OTR		0	0	11,310
ISHARES US OIL GAS EXL PROD ET	ETF	464288851	283	4,625	SH		OTR		0	0	4,625
ISHARES 1-3 YEAR CREDIT BOND E	ETF	464288646	10,464	99,441	SH		SOLE		97,996	0	1,445
ISHARES 1-3 YEAR CREDIT BOND E	ETF	464288646	585	5,561	SH		OTR		0	0	5,561
ISHARES 1-3 YEAR TREASRY BOND	ETF	464287457	3,516	41,600	SH		SOLE		41,600	0	0
ISHARES CORE 1-5 YEAR USD BO	ETF	46432F859	5,492	109,570	SH		SOLE		109,570	0	0
ISHARES CORE US AGGREGATE BOND	ETF	464287226	4,110	37,880	SH		SOLE		20,365	0	17,515
ISHARES FLOATING RATE BOND ETF	ETF	46429b655	1,089	21,406	SH		SOLE		21,406	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	2,757	23,380	SH		SOLE		13,118	0	10,262
ISHARES IBOXX INVT GRADE BOND	ETF	464287242	74	630	SH		OTR		0	0	630
ISHARES SHORT MATURITY BOND	ETF	46431W507	3,510	69,860	SH		SOLE		69,860	0	0
ISHARES SHORT TREASURY BOND	ETF	464288679	2,500	22,660	SH		SOLE		22,660	0	0
ISHARES TIPS BOND ETF	ETF	464287176	3,239	28,248	SH		SOLE		14,124	0	14,124
ISHARES U S PFD ETF U S PFD ST	ETF	464288687	1,851	47,824	SH		SOLE		47,824	0	0
PIMCO 0-5 YEAR HIGH YLD BND ID	ETF	72201r783	6,685	66,153	SH		SOLE		65,842	0	311
PIMCO 0-5 YEAR HIGH YLD BND ID	ETF	72201r783	292	2,889	SH		OTR		0	0	2,889
PIMCO ENHANCED SHRT MATURTY AC	ETF	72201r833	1,348	13,257	SH		SOLE		13,257	0	0
PIMCO ENHANCED SHRT MATURTY AC	ETF	72201r833	342	3,363	SH		OTR		0	0	3,363
PIMCO TOTAL RETURN ACTIVE ETF	ETF	72201r775	6,084	57,763	SH		SOLE		56,123	0	1,640
PIMCO TOTAL RETURN ACTIVE ETF	ETF	72201r775	444	4,212	SH		OTR		135	0	0
POWERSHARES FINANCIAL PREFERRE	ETF	73935x229	607	32,505	SH		SOLE		32,505	0	0
POWERSHARES INTL CORPORATE BON	ETF	73936q835	369	14,760	SH		SOLE		12,390	0	2,370
POWERSHARES INTL CORPORATE BON	ETF	73936q835	68	2,720	SH		OTR		0	0	2,720
POWERSHARES SENIOR LOAN ETF	ETF	73936q769	873	37,523	SH		SOLE		37,523	0	0
POWERSHARES SENIOR LOAN ETF	ETF	73936q769	127	5,465	SH		OTR		0	0	5,465
SPDR BLMBRG BRCLY SHT TRM HGH	ETF	78468r408	3,989	142,672	SH		SOLE		142,572	0	100
SPDR BLMBRG BRCLY SHT TRM HGH	ETF	78468r408	245	8,757	SH		OTR		0	0	8,757
SPDR DOUBLELINE TTL RTRN TTCL	ETF	78467v848	4,205	86,045	SH		SOLE		81,799	0	4,246
SPDR DOUBLELINE TTL RTRN TTCL	ETF	78467v848	230	4,715	SH		OTR		0	0	4,715
VANGUARD SCOTTSDALE FUNDS VANG	ETF	92206c409	4,121	51,676	SH		SOLE		51,193	0	483
VANGUARD SCOTTSDALE FUNDS VANG	ETF	92206c409	140	1,757	SH		OTR		0	0	1,757
VANGUARD SHORT-TERM BOND ETF	ETF	921937827	203	2,546	SH		SOLE		2,546	0	0
VANGUARD TOTAL INTERNATIONAL B	ETF	92203j407	799	14,765	SH		SOLE		14,765	0	0
VANGUARD TOTAL INTERNATIONAL B	ETF	92203j407	4	71	SH		OTR		0	0	71
AMERICAN MIDSTREAM PARTNERS LP	LP	02752p100	835	56,200	SH		SOLE		56,200	0	0
ANTERO MIDSTREAM PARTNERS LP	LP	03673l103	338	10,200	SH		SOLE		10,200	0	0
APOLLO GLOBAL MGMT LP	LP	037612306	331	13,598	SH		OTR		0	0	13,598
BLACKSTONE GROUP LP LP	LP	09253u108	511	17,200	SH		SOLE		17,200	0	0
BLACKSTONE GROUP LP LP	LP	09253u108	1,024	34,486	SH		OTR		0	0	34,486
CRESTWOOD EQUITY PARTNERS LP	LP	226344208	948	36,100	SH		SOLE		36,100	0	0
DCP MIDSTREAM PARTNERS LP	LP	23311P100	965	24,600	SH		SOLE		24,600	0	0
DOMINION MIDSTREAM PARTNERS LP	LP	257454108	300	9,400	SH		SOLE		9,400	0	0
ENERGY TRANSFER EQUITY	LP	29273v100	544	27,560	SH		SOLE		27,560	0	0
ENERGY TRANSFER PART LP	LP	29273r109	1,614	44,207	SH		SOLE		44,207	0	0
ENERGY TRANSFER PART LP	LP	29273r109	16	428	SH		OTR		0	0	428
ENLINK MIDSTREAM PTR LP	LP	29336u107	946	51,700	SH		SOLE		51,700	0	0
ENTERPRISE PRODUCTS LP	LP	293792107	439	15,900	SH		SOLE		15,900	0	0
ENTERPRISE PRODUCTS LP	LP	293792107	18	653	SH		OTR		0	0	653
EQT GP HOLDINGS LP	LP	26885J103	208	7,600	SH		SOLE		7,600	0	0
EnLink Midstream, LLC	LP	29336t100	258	13,300	SH		SOLE		13,300	0	0
Enable Midstream Partners LP	LP	292480100	995	59,600	SH		SOLE		59,600	0	0
GOLDEN GATE CAP OPPTNTY FD LP	LP	999193816	6,318	6,455,976	SH		SOLE		0	0	6,455,976
KINDER MORGAN INC	LP	49456b101	382	17,549	SH		SOLE		17,549	0	0
KINDER MORGAN INC	LP	49456b101	134	6,184	SH		OTR		0	0	6,184
KKR & CO LP LP	LP	48248m102	324	17,786	SH		OTR		0	0	17,786
MAGELLAN MIDSTREAM P LP	LP	559080106	252	3,280	SH		SOLE		3,280	0	0
MPLX LP	LP	55336V100	480	13,300	SH		SOLE		13,300	0	0
NGL ENERGY PARTNER LP	LP	62913m107	1,455	64,400	SH		SOLE		64,400	0	0
NUSTAR ENERGY LP LP	LP	67058h102	946	18,200	SH		SOLE		18,200	0	0
ONEOK INC	LP	682680103	244	4,400	SH		SOLE		4,400	0	0
PBF LOGISTICS LP	LP	69318q104	1,075	49,900	SH		SOLE		49,900	0	0
PHILLIPS 66 PARTNERS LP	LP	718549207	375	7,300	SH		SOLE		7,300	0	0
PLAINS GP HLDGS	LP	72651a207	234	7,500	SH		SOLE		7,500	0	0
POPE RESOURCES DEP LP	LP	732857107	1,387	19,597	SH		OTR		0	0	19,597
Pimco Bravo spec On Te I LP	LP	000000000	38	499,957	SH		OTR		0	0	499,957
Rice Midstream Partners LP	LP	762819100	396	15,700	SH		SOLE		15,700	0	0
Riverside Foxmoor Associates	LP	000000000	0	85,953	SH		OTR		0	0	85,953
SHELL MIDSTREAM PARTNERS LP	LP	822634101	403	12,500	SH		SOLE		12,500	0	0
SUMMIT MIDSTREAM PARTNERS LP	LP	866142102	1,022	42,600	SH		SOLE		42,600	0	0
SUNOCO LOGISTICS PTN LP	LP	86764l108	216	8,850	SH		SOLE		8,850	0	0
TESORO LOGISTICS LP LP	LP	88160t107	376	6,900	SH		SOLE		6,900	0	0
VALERO ENERGY PARTNERS LP	LP	91914j102	388	8,100	SH		SOLE		8,100	0	0
WESTERN GAS EQUITY PARTNERS LP	LP	95825r103	350	7,600	SH		SOLE		7,600	0	0
WILLIAMS PARTNERS LP LP	LP	96949l105	1,237	30,300	SH		SOLE		30,300	0	0
WILLIAMS PARTNERS LP LP	LP	96949l105	7,910	193,738	SH		OTR		0	0	193,738
AGRIBANK FCBPFD 6 875 NON CUM	PFD	00850L203	321	3,000	SH		SOLE		3,000	0	0
COBANK ACBPFD 6 250	PFD	19075Q805	248	2,370	SH		SOLE		2,370	0	0
Charles Schwab Corp / The	PFD	000000000	339	12,690	SH		SOLE		12,690	0	0
FARM CREDIT BANK O 0 PFD DUE 1	PFD	30767e307	1,960	1,600	SH		SOLE		1,600	0	0
FARM CREDIT BANK OF TEXAS 144A	PFD	30767E406	484	4,500	SH		SOLE		4,500	0	0
HILLMAN GRP 11.6 PFD DUE 09/30	PFD	43162l206	307	9,225	SH		OTR		0	0	9,225
KKR FINANCIAL HOLDINGS LLCPFD	PFD	48248A603	235	9,000	SH		SOLE		9,000	0	0
M&T BANK CORPVAR RT 12/29/204	PFD	55261FAH7	25	25,000	SH		SOLE		25,000	0	0
NORTHERN TRUST CORP PFD 5.85	PFD	665859872	312	11,500	SH		SOLE		11,500	0	0
PNC FINANCIAL SERVICESVAR RT	PFD	693475AQ8	65	65,000	SH		SOLE		65,000	0	0
PS Business Parks Inc. 5.75 C	PFD	69360J669	229	9,100	SH		SOLE		9,100	0	0
PUBLIC STORAGEPFD 5.125 CUMUL	PFD	74460W750	227	9,525	SH		SOLE		9,525	0	0
REINSURANCE GROUP AMERINC SUB	PFD	759351703	242	8,500	SH		SOLE		8,500	0	0
SCE TRUST VPFD 5.450 CUMULATI	PFD	78409W201	210	7,750	SH		SOLE		7,750	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	237	17,740	SH		SOLE		17,740	0	0
BLACKROCK CALIFORNIA MUN	NON-TAX CEF	09248e102	181	12,700	SH		SOLE		12,700	0	0
BLACKROCK CALIFORNIA MUN	NON-TAX CEF	09248e102	77	5,400	SH		OTR		0	0	5,400
BLACKROCK MUNICIPAL INCO	NON-TAX CEF	09248f109	431	30,920	SH		SOLE		29,590	0	1,330
BLACKROCK MUNICIPAL INCO	NON-TAX CEF	09248f109	2,875	206,242	SH		OTR		0	0	206,242
BLACKROCK MUNIHLDG CALIF	NON-TAX CEF	09254l107	188	13,295	SH		SOLE		13,295	0	0
BLACKROCK MUNIHLDG CALIF	NON-TAX CEF	09254l107	96	6,805	SH		OTR		0	0	6,805
BLACKROCK MUNIHLDGS INSD	NON-TAX CEF	09254c107	186	14,010	SH		SOLE		12,750	0	1,260
BLACKROCK MUNIHOLDINGS C	NON-TAX CEF	09253n104	172	10,370	SH		SOLE		10,370	0	0
BLACKROCK MUNIHOLDINGS I	NON-TAX CEF	09254p108	313	21,760	SH		SOLE		21,760	0	0
BLACKROCK MUNIHOLDINGS I	NON-TAX CEF	09254p108	92	6,380	SH		OTR		0	0	6,380
BLACKROCK MUNIYIELD CALI	NON-TAX CEF	09254n103	547	37,131	SH		SOLE		37,131	0	0
BLACKROCK MUNIYIELD CALI	NON-TAX CEF	09254n103	5,806	394,128	SH		OTR		0	0	394,128
BLACKROCK MUNIYIELD CALI	NON-TAX CEF	09254m105	646	43,853	SH		SOLE		43,853	0	0
BLACKROCK MUNIYIELD CALI	NON-TAX CEF	09254m105	1,792	121,658	SH		OTR		0	0	121,658
BLACKROCK MUNIYIELD CF	NON-TAX CEF	09253w104	246	17,130	SH		SOLE		17,130	0	0
BLACKROCK MUNIYIELD CF	NON-TAX CEF	09253w104	94	6,570	SH		OTR		0	0	6,570
BLACKROCK MUNIYIELD INSD	NON-TAX CEF	09254e103	357	25,620	SH		SOLE		25,620	0	0
BLACKROCK MUNIYIELD INSD	NON-TAX CEF	09254e103	93	6,655	SH		OTR		0	0	6,655
BLACKROCK MUNIYLD QUALIT	NON-TAX CEF	09254g108	197	15,430	SH		SOLE		15,430	0	0
DEUTSCHE MUNI INCOME TR	NON-TAX CEF	25160c106	354	26,720	SH		SOLE		26,720	0	0
DREYFUS STRATEGIC MUNICI	NON-TAX CEF	26202f107	230	27,740	SH		SOLE		27,740	0	0
DREYFUS STRATEGIC MUNICI	NON-TAX CEF	261932107	245	28,520	SH		SOLE		28,520	0	0
EATON VANCE CALF MUN INCOME TR	NON-TAX CEF	27826f101	303	24,686	SH		SOLE		24,686	0	0
INVESCO CALIFORNIA VALUE MUNIC	NON-TAX CEF	46132h106	604	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	159	12,270	SH		SOLE		12,270	0	0
INVESCO QLTY MUN INCM TR SBI	NON-TAX CEF	46133g107	132	10,590	SH		SOLE		10,590	0	0
INVESCO TRUST FOR INVT GRADE M	NON-TAX CEF	46131m106	140	10,760	SH		SOLE		10,760	0	0
INVESCO TRUST FOR INVT GRADE M	NON-TAX CEF	46131m106	98	7,560	SH		OTR		0	0	7,560
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	343	23,490	SH		SOLE		22,316	0	1,174
NUVEEN AMT FREE QUALITY	NON-TAX CEF	670657105	670	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	921	63,883	SH		SOLE		61,743	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	309	22,020	SH		SOLE		20,860	0	1,160
NUVEEN ENHANCED MUNICIPA	NON-TAX CEF	67074m101	94	6,715	SH		OTR		0	0	6,715
NUVEEN INSURED CALIF TAX	NON-TAX CEF	670651108	252	17,069	SH		SOLE		17,069	0	0
NUVEEN INSURED CALIF TAX	NON-TAX CEF	670651108	0	17	SH		OTR		0	0	17
NUVEEN MUNI HIGH INC OPP	NON-TAX CEF	670682103	304	23,140	SH		SOLE		23,140	0	0
NUVEEN QUALITY MUNICIPAL	NON-TAX CEF	67066v101	682	49,840	SH		SOLE		49,840	0	0
PIMCO CALIFOR MUNI INCM	NON-TAX CEF	72201c109	165	14,040	SH		SOLE		12,400	0	1,640
PIMCO MUNICIPAL INCOME C	NON-TAX CEF	72200r107	243	18,413	SH		OTR		0	0	18,413
PIMCO MUNICIPAL INCOME I	NON-TAX CEF	72200w106	336	26,745	SH		SOLE		26,745	0	0
PIMCO MUNICIPAL INCOME I	NON-TAX CEF	72201a103	134	11,910	SH		SOLE		11,910	0	0
WESTERN ASST MNGD MUNCPL	NON-TAX CEF	95766m105	437	31,780	SH		SOLE		31,780	0	0
WESTERN ASST MNGD MUNCPL	NON-TAX CEF	95766m105	90	6,520	SH		OTR		0	0	6,520
BLACKROCK TAXABL MUNI BN	TAXABLE MUNI CEF	09248x100	427	19,075	SH		SOLE		19,075	0	0
BLACKROCK TAXABL MUNI BN	TAXABLE MUNI CEF	09248x100	179	8,016	SH		OTR		0	0	8,016
1/100000 INSIGHT SEL INC	TAXABLE CEF	efh81w105	0	49,520	SH		OTR		0	0	49,520
BLACKROCK CORPORATE HIGH	TAXABLE CEF	09255p107	175	16,022	SH		SOLE		16,022	0	0
BLACKROCK CREDIT ALLOCAT	TAXABLE CEF	092508100	514	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	159	10,212	SH		SOLE		10,212	0	0
BROOKFIELD REAL ASSETS I	TAXABLE CEF	112830104	346	15,195	SH		SOLE		15,195	0	0
CALAMOS CONVERTIBLE AND	TAXABLE CEF	12811p108	420	36,840	SH		SOLE		36,840	0	0
CALAMOS CONVERTIBLE AND	TAXABLE CEF	12811p108	41	3,625	SH		OTR		0	0	3,625
CALAMOS CONVERTIBLE OPPO	TAXABLE CEF	128117108	510	46,375	SH		SOLE		46,375	0	0
CALAMOS CONVERTIBLE OPPO	TAXABLE CEF	128117108	87	7,900	SH		OTR		0	0	7,900
DOUBLELINE INCOME SOLUTI	TAXABLE CEF	258622109	277	13,790	SH		SOLE		13,790	0	0
DOUBLELINE INCOME SOLUTI	TAXABLE CEF	258622109	455	22,650	SH		OTR		0	0	22,650
EATON VANCE LIMITED DURA	TAXABLE CEF	27828h105	84	6,089	SH		SOLE		3,855	0	2,234
EATON VANCE LIMITED DURA	TAXABLE CEF	27828h105	161	11,620	SH		OTR		0	0	11,620
FIRST TRUST INT DUR PRF	TAXABLE CEF	33718w103	332	14,280	SH		SOLE		14,280	0	0
IVY HIGH INCOME OPPORTUN	TAXABLE CEF	465893105	161	10,585	SH		SOLE		10,585	0	0
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	156	16,301	SH		SOLE		16,301	0	0
PIMCO CORPORATE OPPORTUN	TAXABLE CEF	72201b101	135	8,587	SH		SOLE		8,587	0	0
PIMCO CORPORATE OPPORTUN	TAXABLE CEF	72201b101	482	30,725	SH		OTR		0	0	30,725
PIMCO DYNMC CRDT AND MRT	TAXABLE CEF	72202d106	126	5,888	SH		SOLE		5,888	0	0
PIMCO DYNMC CRDT AND MRT	TAXABLE CEF	72202d106	354	16,500	SH		OTR		0	0	16,500
PIMCO INCOME OPPORTUNITY	TAXABLE CEF	72202b100	151	6,101	SH		SOLE		6,101	0	0
PIMCO INCOME OPPORTUNITY	TAXABLE CEF	72202b100	89	3,570	SH		OTR		0	0	3,570
PIMCO INCOME STRATEGY II	TAXABLE CEF	72201j104	162	16,144	SH		SOLE		16,144	0	0
PIMCO INCOME STRATEGY II	TAXABLE CEF	72201j104	35	3,499	SH		OTR		0	0	3,499
WELLS FARGO INCOME OPPOR	TAXABLE CEF	94987b105	161	19,197	SH		SOLE		11,300	0	7,897
WELLS FARGO INCOME OPPOR	TAXABLE CEF	94987b105	20	2,425	SH		OTR		0	0	2,425
WELLS FARGO MULTI SECTOR TENDE	TAXABLE CEF	94987d101	55	4,137	SH		SOLE		1,625	0	2,512
WELLS FARGO MULTI SECTOR TENDE	TAXABLE CEF	94987d101	136	10,195	SH		OTR		0	0	10,195
WESTERN ASST HIGH INCM I	TAXABLE CEF	95766j102	88	12,160	SH		SOLE		12,160	0	0
WESTRN ASST HIGH INCM OP	TAXABLE CEF	95766k109	75	14,810	SH		SOLE		14,810	0	0
BLACKROCK ENHANCED EQUIT	CEFS	09251a104	438	51,271	SH		OTR		0	0	51,271
BLACKROCK ENHCD CAPITL A	CEFS	09256a109	223	15,600	SH		SOLE		15,600	0	0
BLACKROCK GLOBAL OPPORTU	CEFS	092501105	50	4,000	SH		SOLE		4,000	0	0
BLACKROCK GLOBAL OPPORTU	CEFS	092501105	1,139	91,873	SH		OTR		0	0	91,873
BLACKROCK INTL GROWTH TR	CEFS	092524107	484	83,568	SH		OTR		0	0	83,568
CLOUGH GLOBAL OPPORTUNIT	CEFS	18914e106	214	20,756	SH		OTR		0	0	20,756
COHEN MLP INCOME AND ENE	CEFS	19249b106	224	19,980	SH		SOLE		17,900	0	2,080
EATON VANCE RISK MAN DIV	CEFS	27829g106	103	11,350	SH		SOLE		11,350	0	0
EATON VANCE RISK MAN DIV	CEFS	27829g106	64	7,000	SH		OTR		0	0	7,000
EATON VNCE MGD GLBL BUY	CEFS	27829c105	252	23,100	SH		SOLE		23,100	0	0
FIDUCIARY/CLAYMORE MLP O	CEFS	31647q106	457	29,185	SH		SOLE		29,185	0	0
JOHN HANCOCK PREMIUM DIV	CEFS	41013t105	286	18,000	SH		SOLE		18,000	0	0
LIBERTY ALL STAR EQUITY	CEFS	530158104	215	39,462	SH		SOLE		39,462	0	0
LIBERTY ALL STAR EQUITY	CEFS	530158104	15	2,700	SH		OTR		0	0	2,700
MORGAN STANLEY ASIA PACI	CEFS	61744u106	537	35,000	SH		OTR		0	0	35,000
ROYCE VALUE CF	CEFS	780910105	147	10,500	SH		SOLE		10,500	0	0
TEMPLETON DRAGON CF	CEFS	88018t101	321	17,071	SH		OTR		0	0	17,071
CENTRAL FUND CDA CF	COMMOD TXBLE CEF	153501101	3,503	272,400	SH		OTR		0	0	272,400
SPROTT PHYSICAL GOLD ETV	COMMOD TXBLE CEF	85207h104	811	79,394	SH		OTR		0	0	79,394
VANECK VECTORS HIGH YIELD MUN	ETF	92189f361	246	8,050	SH		SOLE		8,050	0	0
VANECK VECTORS RUSSIA ETF	ETFS	92189f403	2,514	121,619	SH		OTR		0	0	121,619
ISHARES GOLD ETF	ETF	464285105	29	2,377	SH		SOLE		2,377	0	0
ISHARES GOLD ETF	ETF	464285105	180	15,000	SH		OTR		0	0	15,000
ISHARES SILVER TRUST ETF	ETF	46428q109	5	270	SH		SOLE		270	0	0
ISHARES SILVER TRUST ETF	ETF	46428q109	177	10,255	SH		OTR		0	0	10,255
SPDR GOLD SHARES ETF	ETF	78463v107	308	2,596	SH		SOLE		2,596	0	0
SPDR GOLD SHARES ETF	ETF	78463v107	279	2,350	SH		OTR		0	0	2,350
EATON VANCE TAX ADVANTAG	CEFS	27828g107	1,121	53,023	SH		SOLE		51,223	0	1,800
EATON VANCE TAX ADVANTAG	CEFS	27828g107	323	15,254	SH		OTR		1,800	0	15,254
EATON VANCE TX ADVNT GLB	CEFS	27828u106	543	23,545	SH		SOLE		23,545	0	0
EATON VANCE TX ADVNT GLB	CEFS	27828u106	289	12,545	SH		OTR		0	0	12,545
GABELLI EQUITY CF	CEFS	362397101	716	120,000	SH		SOLE		120,000	0	0
GABELLI EQUITY CF	CEFS	362397101	980	164,208	SH		OTR		0	0	164,208
NUVEEN TAX ADVNTGD DIVDN	CEFS	67073g105	224	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	51	51,574	SH		OTR		0	0	51,574
ALTAIR - DIRECT LENDINGFUND LL	ETF	zzc99d246	153	118,049	SH		OTR		0	0	118,049
ALTAIR - GOLUB CAPITAL VIIILP	ETF	92299q117	217	222,433	SH		OTR		0	0	222,433
ALTAIR - PACIFIC COAST CAP PTN	ETF	92299r115	113	97,663	SH		OTR		0	0	97,663
ALTAIR - PACIFIC COAST CAP PTN	ETF	92299r115	113	97,663	SH		OTR		0	0	97,663
ALTAIR - SECONDARIES FUND	ETF	000000000	21	25,743	SH		OTR		0	0	25,743
ALTAIR - SENIOR HOUSING FUND I	ETF	021LU1558	67	69,127	SH		OTR		0	0	69,127
ALTAIR - SPECIAL OPPORTUNITY	ETF	zzc99d246	121	94,735	SH		OTR		0	0	94,735
ALTAIR - SPECIAL OPPORTUNITY	ETF	zzc99d246	301	236,837	SH		OTR		0	0	236,837
ISHARES COHEN AND STEERS REIT	ETF	464287564	2,249	22,551	SH		SOLE		22,201	0	350
ISHARES COHEN AND STEERS REIT	ETF	464287564	103	1,032	SH		OTR		0	0	1,032
ISHARES US REAL ESTATE ETF	ETF	464287739	409	5,210	SH		SOLE		5,210	0	0
VANGUARD REIT ETF	ETF	922908553	1,552	18,790	SH		SOLE		18,470	0	320
VANGUARD REIT ETF	ETF	922908553	62	750	SH		OTR		0	0	750