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	2,692	900	SH		SOLE		900	0	0
1/100000TH SPECTRUM GRP FRACTI	COM	jeh63m206	0	48,467	SH		OTR		0	0	48,467
3M COMPANY	COM	88579y101	139	634	SH		SOLE		634	0	0
3M COMPANY	COM	88579y101	143	650	SH		OTR		0	0	650
ABBOTT LABORATORIES	COM	002824100	94	1,562	SH		SOLE		1,336	0	226
ABBOTT LABORATORIES	COM	002824100	370	6,182	SH		OTR		0	0	6,182
ABBVIE INC	COM	00287y109	226	2,391	SH		SOLE		2,391	0	0
ABBVIE INC	COM	00287y109	92	967	SH		OTR		0	0	967
ACTIVISION BLIZZARD INC	COM	00507V109	632	9,363	SH		SOLE		9,363	0	0
ACTIVISION BLIZZARD INC	COM	00507V109	4	54	SH		OTR		0	0	54
AIA GROUP LTD ORDF	COM	y002a1105	151	17,800	SH		SOLE		17,800	0	0
ALACER GOLD CORP F	COM	010679108	174	109,650	SH		SOLE		109,650	0	0
ALACER GOLD CORP F	COM	010679108	458	288,150	SH		OTR		0	0	288,150
ALCOA CORP	COM	013872106	211	4,694	SH		OTR		0	0	4,694
ALPHABET INC. CLASS A	COM	02079k305	785	757	SH		SOLE		757	0	0
ALPHABET INC. CLASS A	COM	02079k305	342	330	SH		OTR		0	0	330
ALPHABET INC. CLASS C	COM	02079k107	1,548	1,500	SH		SOLE		1,500	0	0
ALPHABET INC. CLASS C	COM	02079k107	302	293	SH		OTR		0	0	293
ALTABA INCORPORATED	COM	021346101	707	9,543	SH		SOLE		9,543	0	0
ALTRIA GROUP INC	COM	02209s103	579	9,294	SH		SOLE		9,294	0	0
ALTRIA GROUP INC	COM	02209s103	862	13,836	SH		OTR		300	0	13,536
AMAZON COM INC	COM	023135106	2,576	1,780	SH		SOLE		1,770	0	10
AMAZON COM INC	COM	023135106	10,580	7,310	SH		OTR		0	0	7,310
AMERICAN INTL GROUP	COM	026874784	228	4,183	SH		SOLE		4,183	0	0
AMERICAN INTL GROUP	COM	026874784	0	1	SH		OTR		0	0	1
AMGEN INC.	COM	031162100	568	3,332	SH		SOLE		3,332	0	0
AMGEN INC.	COM	031162100	103	601	SH		OTR		0	0	601
ANTHEM INC	COM	036752103	12	56	SH		SOLE		0	0	56
ANTHEM INC	COM	036752103	334	1,519	SH		OTR		0	0	1,519
APPLE INC	COM	037833100	3,097	18,458	SH		SOLE		18,297	0	161
APPLE INC	COM	037833100	2,006	11,957	SH		OTR		0	0	11,957
ARCONIC INC	COM	03965l100	0	1	SH		SOLE		1	0	0
ARCONIC INC	COM	03965l100	307	13,333	SH		OTR		0	0	13,333
ARRAY BIOPHARMA INC	COM	04269x105	2,309	141,470	SH		OTR		0	0	141,470
ARTPRICE.COM ORDF	COM	f0405c108	511	28,000	SH		OTR		0	0	28,000
ATOMERA INCORPORATED	COM	04965b100	1,776	284,623	SH		SOLE		284,623	0	0
ATOMERA INCORPORATED	COM	04965b100	97	15,559	SH		OTR		0	0	15,559
AUTOZONE INC	COM	053332102	3	5	SH		SOLE		5	0	0
AUTOZONE INC	COM	053332102	727	1,121	SH		OTR		0	0	1,121
BANK OF AMERICA CORP	COM	060505104	3,514	117,171	SH		SOLE		117,171	0	0
BANK OF AMERICA CORP	COM	060505104	1,101	36,728	SH		OTR		0	0	36,728
BANK OF CHINA LTD ORDF	COM	y0698a107	17	32,200	SH		SOLE		32,200	0	0
BARRICK GOLD CORP F	COM	067901108	1,124	90,250	SH		OTR		0	0	90,250
BEAR STATE FINANCIAL XXX MANDA	COM	073844102	104	10,176	SH		OTR		0	0	10,176
BERKSHIRE HATHAWAY B NEW CLASS	COM	084670702	1,240	6,217	SH		SOLE		6,125	0	92
BERKSHIRE HATHAWAY B NEW CLASS	COM	084670702	37,672	188,852	SH		OTR		0	0	188,852
BERKSHIRE HATHAWAY CLASS B	COM	084670702	745	3,734	SH		SOLE		3,734	0	0
BERKSHIRE HATHAWAY CLASS B	COM	084670702	20	100	SH		OTR		0	0	100
BILLABONG INTL NEW ORD F	COM	q1502g206	13	16,840	SH		OTR		0	0	16,840
BLACK KNIGHT INC	COM	09215c105	12,248	260,036	SH		OTR		0	0	260,036
BLACKBERRY LTD F	COM	09228f103	118	10,275	SH		SOLE		10,275	0	0
BLACKBERRY LTD F	COM	09228f103	575	50,000	SH		OTR		0	0	50,000
BOEING CO	COM	097023105	243	741	SH		SOLE		741	0	0
BOEING CO	COM	097023105	101	309	SH		OTR		0	0	309
BOOKING HOLDINGS INC	COM	09857l108	412	198	SH		SOLE		198	0	0
BOOZ ALLEN HAMILTON CLASS A	COM	099502106	12	300	SH		SOLE		0	0	300
BOOZ ALLEN HAMILTON CLASS A	COM	099502106	247	6,385	SH		OTR		0	0	6,385
BRISTOL-MYERS SQUIBB	COM	110122108	625	9,878	SH		SOLE		9,878	0	0
BRISTOL-MYERS SQUIBB	COM	110122108	30	475	SH		OTR		175	0	300
BROADCOM LTD XXX MANDATORY MER	COM	y09827109	195	829	SH		SOLE		829	0	0
BROADCOM LTD XXX MANDATORY MER	COM	y09827109	106	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	9	95	SH		SOLE		0	0	95
C H ROBINSON WORLDWD	COM	12541w209	204	2,174	SH		OTR		0	0	2,174
CAMECO CORPORATION F	COM	13321l108	268	29,500	SH		OTR		0	0	29,500
CANNAE HOLDINGS INC	COM	13765n107	2,094	111,033	SH		OTR		0	0	111,033
CANOPUS BIOPHARMA INC	COM	138034103	8	80,000	SH		OTR		0	0	80,000
CBS CORP CLASS B	COM	124857202	562	10,930	SH		SOLE		10,930	0	0
CHESAPEAKE ENERGY CO	COM	165167107	45	14,940	SH		OTR		0	0	14,940
CHEVRON CORPORATION	COM	166764100	312	2,734	SH		SOLE		2,734	0	0
CHEVRON CORPORATION	COM	166764100	59	517	SH		OTR		0	0	517
CISCO SYSTEMS INC	COM	17275r102	3,818	89,024	SH		SOLE		87,312	0	1,712
CISCO SYSTEMS INC	COM	17275r102	679	15,830	SH		OTR		34	0	15,796
CIT GROUP INC	COM	125581801	608	11,800	SH		SOLE		11,800	0	0
CITIGROUP INC	COM	172967424	726	10,760	SH		SOLE		10,613	0	147
CITIGROUP INC	COM	172967424	2,051	30,379	SH		OTR		0	0	30,379
COCA COLA COMPANY	COM	191216100	2,382	54,846	SH		SOLE		54,421	0	425
COCA COLA COMPANY	COM	191216100	210	4,832	SH		OTR		23	0	4,809
COLONY NORTHSTAR INC	COM	19625w104	181	32,170	SH		SOLE		32,000	0	170
COLONY NORTHSTAR INC	COM	19625w104	310	55,125	SH	��	OTR		0	0	55,125
COMCAST CORPORATION CLASS A	COM	20030n101	240	7,021	SH		SOLE		7,021	0	0
COMCAST CORPORATION CLASS A	COM	20030n101	86	2,504	SH		OTR		0	0	2,504
COSTCO WHOLESALE CO	COM	22160k105	217	1,153	SH		SOLE		1,153	0	0
COSTCO WHOLESALE CO	COM	22160k105	916	4,862	SH		OTR		0	0	4,862
CUMMINS INC	COM	231021106	58	360	SH		SOLE		300	0	60
CUMMINS INC	COM	231021106	182	1,123	SH		OTR		0	0	1,123
CYBERARK SOFTWRE LTD F	COM	m2682v108	281	5,500	SH		OTR		0	0	5,500
Conographic Corp Calif Restr	COM	000000000	0	11,000	SH		OTR		0	0	11,000
D R HORTON CO	COM	23331a109	10	223	SH		SOLE		0	0	223
D R HORTON CO	COM	23331a109	205	4,671	SH		OTR		0	0	4,671
DEUTSCHE BK AKTIENGE F	COM	d18190898	210	15,000	SH		OTR		0	0	15,000
DHT MARITIME HLD INC F	COM	y2065g121	153	45,000	SH		OTR		0	0	45,000
DOVER CORPORATION	COM	260003108	55	555	SH		SOLE		469	0	86
DOVER CORPORATION	COM	260003108	160	1,626	SH		OTR		0	0	1,626
EBAY INC	COM	278642103	8	206	SH		SOLE		0	0	206
EBAY INC	COM	278642103	220	5,467	SH		OTR		0	0	5,467
ELI LILLY & COMPANY	COM	532457108	468	6,051	SH		SOLE		6,051	0	0
ELI LILLY & COMPANY	COM	532457108	0	0	SH		OTR		0	0	0
EMERSON ELECTRIC CO	COM	291011104	612	8,964	SH		SOLE		8,964	0	0
EMERSON ELECTRIC CO	COM	291011104	19	285	SH		OTR		0	0	285
EXXON MOBIL CORP	COM	30231g102	585	7,838	SH		SOLE		7,838	0	0
EXXON MOBIL CORP	COM	30231g102	45	605	SH		OTR		0	0	605
FACEBOOK INC CLASS A	COM	30303m102	854	5,343	SH		SOLE		5,343	0	0
FACEBOOK INC CLASS A	COM	30303m102	917	5,737	SH		OTR		0	0	5,737
FIDELITY NATL FINL	COM	31620r303	12,997	324,775	SH		OTR		0	0	324,775
FIDELITY NATL INFO	COM	31620m106	10,702	111,135	SH		OTR		0	0	111,135
FIRST FOUNDATION INC COMUSD0.0	COM	32026v104	243	13,132	SH		OTR		0	0	13,132
FIRST PACIFIC COMP ORDF	COM	g34804107	1	1,170	SH		SOLE		0	0	1,170
FIRST PACIFIC COMP ORDF	COM	g34804107	12	21,200	SH		OTR		0	0	21,200
FIRST REP BK SAN FRANCISCOCAL	COM	33616c100	394	4,250	SH		OTR		0	0	4,250
FORD MOTOR COMPANY	COM	345370860	55	5,000	SH		SOLE		5,000	0	0
FORD MOTOR COMPANY	COM	345370860	890	80,300	SH		OTR		0	0	80,300
FREEPORT MCMORAN INC	COM	35671d857	43	2,475	SH		SOLE		2,475	0	0
FREEPORT MCMORAN INC	COM	35671d857	508	28,928	SH		OTR		0	0	28,928
Fairmount Healthcare Fund LP	COM	000000000	392	375,000	SH		OTR		0	0	375,000
GENERAL ELECTRIC CO	COM	369604103	463	34,333	SH		SOLE		32,494	0	1,839
GENERAL ELECTRIC CO	COM	369604103	1,458	108,189	SH		OTR		0	0	108,189
GENERAL MOTORS CO	COM	37045v100	9	249	SH		SOLE		11	0	238
GENERAL MOTORS CO	COM	37045v100	231	6,345	SH		OTR		0	0	6,345
GENTEX CORP	COM	371901109	10	449	SH		SOLE		0	0	449
GENTEX CORP	COM	371901109	252	10,968	SH		OTR		0	0	10,968
GILEAD SCIENCES INC	COM	375558103	178	2,358	SH		SOLE		2,358	0	0
GILEAD SCIENCES INC	COM	375558103	68	907	SH		OTR		0	0	907
GOLDEN QUEEN MINING F	COM	38115j100	1	10,500	SH		OTR		0	0	10,500
GOLDEN STAR RES LTD F	COM	38119t104	176	300,000	SH		OTR		0	0	300,000
GOLDMAN SACHS GROUP	COM	38141g104	389	1,544	SH		SOLE		1,544	0	0
GOLDMAN SACHS GROUP	COM	38141g104	123	488	SH		OTR		0	0	488
HAIN CELESTIAL GROUP	COM	405217100	321	10,000	SH		SOLE		10,000	0	0
HAIN CELESTIAL GROUP	COM	405217100	321	10,000	SH		OTR		0	0	10,000
HENRY JACK & ASSOC	COM	426281101	293	2,422	SH		SOLE		2,358	0	64
HENRY JACK & ASSOC	COM	426281101	235	1,941	SH		OTR		0	0	1,941
HILTON WORLDWIDE HLD	COM	43300a203	874	11,099	SH		OTR		0	0	11,099
HOME DEPOT INC	COM	437076102	427	2,395	SH		SOLE		2,348	0	47
HOME DEPOT INC	COM	437076102	306	1,715	SH		OTR		0	0	1,715
I C U MEDICAL INC	COM	44930g107	284	1,125	SH		OTR		0	0	1,125
IBM CORP	COM	459200101	53	345	SH		SOLE		279	0	66
IBM CORP	COM	459200101	151	985	SH		OTR		0	0	985
IDENTIVE INC	COM	45170x205	139	37,105	SH		OTR		0	0	37,105
IDERA PHARMA	COM	45168k306	42	22,570	SH		SOLE		22,570	0	0
IDERA PHARMA	COM	45168k306	276	150,000	SH		OTR		0	0	150,000
ILLINOIS TOOL WORKS	COM	452308109	23	146	SH		SOLE		100	0	46
ILLINOIS TOOL WORKS	COM	452308109	179	1,141	SH		OTR		0	0	1,141
INTEL CORPORATION	COM	458140100	4,035	77,484	SH		SOLE		75,940	0	1,544
INTEL CORPORATION	COM	458140100	555	10,655	SH		OTR		31	0	10,624
INTERNATIONAL PAPER	COM	460146103	748	14,000	SH		OTR		0	0	14,000
INTUITIVE SURGICAL	COM	46120e602	712	1,725	SH		SOLE		1,725	0	0
INTUITIVE SURGICAL	COM	46120e602	14	35	SH		OTR		0	0	35
J ALEXANDERS HOLDING CLASS A	COM	46609j106	1,131	98,772	SH		OTR		0	0	98,772
JAMBA INC	COM	47023a309	94	11,000	SH		OTR		0	0	11,000
JOHNSON & JOHNSON	COM	478160104	396	3,094	SH		SOLE		3,037	0	57
JOHNSON & JOHNSON	COM	478160104	672	5,246	SH		OTR		75	0	5,171
JPMORGAN CHASE & CO	COM	46625h100	1,510	13,732	SH		SOLE		13,667	0	65
JPMORGAN CHASE & CO	COM	46625h100	718	6,525	SH		OTR		0	0	6,525
KRAFT HEINZ COMPANY	COM	500754106	45	718	SH		SOLE		718	0	0
KRAFT HEINZ COMPANY	COM	500754106	458	7,354	SH		OTR		0	0	7,354
LANNETT INC	COM	516012101	249	15,500	SH		OTR		0	0	15,500
LIGHTWAVE LOGIC INC	COM	532275104	13	10,000	SH		OTR		0	0	10,000
MANULIFE FINANCIAL F	COM	56501r106	271	14,608	SH		SOLE		14,608	0	0
MANULIFE FINANCIAL F	COM	56501r106	1,044	56,178	SH		OTR		0	0	56,178
MERCK & CO INC	COM	58933y105	85	1,556	SH		SOLE		1,536	0	20
MERCK & CO INC	COM	58933y105	543	9,973	SH		OTR		155	0	9,818
MERIDIAN BIOSCIENCE	COM	589584101	77	5,400	SH		SOLE		5,400	0	0
MERIDIAN BIOSCIENCE	COM	589584101	426	30,000	SH		OTR		0	0	30,000
MICROSOFT CORP	COM	594918104	873	9,565	SH		SOLE		9,565	0	0
MICROSOFT CORP	COM	594918104	4,963	54,378	SH		OTR		0	0	54,378
MONSTER BEVERAGE CORP	COM	61174X109	340	5,950	SH		OTR		0	0	5,950
MOTOROLA SOLUTIONS	COM	620076307	301	2,857	SH		OTR		0	0	2,857
N V R INC	COM	62944t105	8	3	SH		SOLE		0	0	3
N V R INC	COM	62944t105	232	83	SH		OTR		0	0	83
NETAPP INC	COM	64110d104	11	173	SH		SOLE		0	0	173
NETAPP INC	COM	64110d104	225	3,652	SH		OTR		0	0	3,652
NETFLIX INC	COM	64110l106	170	577	SH		SOLE		577	0	0
NETFLIX INC	COM	64110l106	98	332	SH		OTR		0	0	332
NEXTERA ENERGY INC	COM	65339f101	82	502	SH		SOLE		436	0	66
NEXTERA ENERGY INC	COM	65339f101	224	1,374	SH		OTR		0	0	1,374
NORTHERN TRUST CORP	COM	665859104	9	88	SH		SOLE		0	0	88
NORTHERN TRUST CORP	COM	665859104	226	2,194	SH		OTR		0	0	2,194
NVIDIA CORP	COM	67066g104	120	517	SH		SOLE		517	0	0
NVIDIA CORP	COM	67066g104	531	2,292	SH		OTR		0	0	2,292
OCCIDENTAL PETE CORP	COM	674599105	390	6,000	SH		SOLE		6,000	0	0
OPKO HEALTH INC	COM	68375n103	143	45,000	SH		OTR		0	0	45,000
ORACLE CORPORATION	COM	68389x105	666	14,555	SH		SOLE		13,926	0	629
ORACLE CORPORATION	COM	68389x105	2,115	46,238	SH		OTR		0	0	46,238
P G & E CORP	COM	69331c108	439	10,000	SH		OTR		0	0	10,000
PACWEST BANCORP	COM	695263103	1,701	34,339	SH		SOLE		34,339	0	0
PACWEST BANCORP	COM	695263103	25	503	SH		OTR		0	0	503
PAYCHEX INC	COM	704326107	55	899	SH		SOLE		784	0	115
PAYCHEX INC	COM	704326107	176	2,856	SH		OTR		0	0	2,856
PFIZER INCORPORATED	COM	717081103	3,243	91,372	SH		SOLE		90,686	0	686
PFIZER INCORPORATED	COM	717081103	363	10,231	SH		OTR		32	0	10,199
PHILIP MORRIS INTL	COM	718172109	605	6,087	SH		SOLE		6,087	0	0
PHILIP MORRIS INTL	COM	718172109	9,346	94,029	SH		OTR		0	0	94,029
PROCTER & GAMBLE	COM	742718109	471	5,937	SH		SOLE		5,937	0	0
PROCTER & GAMBLE	COM	742718109	1,751	22,092	SH		OTR		0	0	22,092
PURATION INC	COM	74609p104	1	50,000	SH		OTR		0	0	50,000
QUALCOMM INC	COM	747525103	221	3,990	SH		SOLE		3,746	0	244
QUALCOMM INC	COM	747525103	11	194	SH		OTR		0	0	194
RENT A CENTER INC	COM	76009n100	283	32,800	SH		SOLE		32,800	0	0
RENT A CENTER INC	COM	76009n100	408	47,250	SH		OTR		0	0	47,250
SALESFORCE COM	COM	79466l302	1,207	10,375	SH		SOLE		10,375	0	0
SALESFORCE COM	COM	79466l302	26	221	SH		OTR		0	0	221
SANUWAVE HEALTH INC	COM	80303d107	344	660,000	SH		OTR		0	0	660,000
SCHLUMBERGER LTD F	COM	806857108	267	4,125	SH		SOLE		4,125	0	0
SCHLUMBERGER LTD F	COM	806857108	46	704	SH		OTR		0	0	704
SIRIUS XM RADIO INC	COM	82968b103	66	10,525	SH		SOLE		10,525	0	0
SKYWORKS SOLUTIONS	COM	83088m102	231	2,300	SH		SOLE		2,300	0	0
SOUTHWEST AIRLINES	COM	844741108	211	3,678	SH		SOLE		3,678	0	0
SQUARE INC CLASS A	COM	852234103	561	11,400	SH		SOLE		11,400	0	0
SQUARE INC CLASS A	COM	852234103	25	500	SH		OTR		0	0	500
STARBUCKS CORP	COM	855244109	996	17,210	SH		SOLE		17,210	0	0
STARBUCKS CORP	COM	855244109	25	436	SH		OTR		0	0	436
SUNOPTA INC F	COM	8676ep108	78	11,000	SH		SOLE		11,000	0	0
SUNOPTA INC F	COM	8676ep108	43	6,000	SH		OTR		0	0	6,000
SYNCHRONY FINANCIAL	COM	87165b103	9	275	SH		SOLE		0	0	275
SYNCHRONY FINANCIAL	COM	87165b103	197	5,889	SH		OTR		0	0	5,889
TABLEAU SOFTWARE INC CLASS A	COM	87336u105	2,318	28,683	SH		SOLE		28,683	0	0
TABLEAU SOFTWARE INC CLASS A	COM	87336u105	51	628	SH		OTR		0	0	628
TEGNA INC	COM	87901j105	9	801	SH		SOLE		0	0	801
TEGNA INC	COM	87901j105	141	12,360	SH		OTR		0	0	12,360
TEXAS INSTRUMENTS	COM	882508104	183	1,757	SH		SOLE		1,672	0	85
TEXAS INSTRUMENTS	COM	882508104	261	2,513	SH		OTR		0	0	2,513
TG THERAPEUTICS INC	COM	88322q108	142	10,000	SH		SOLE		10,000	0	0
TG THERAPEUTICS INC	COM	88322q108	28	2,000	SH		OTR		0	0	2,000
TIVO CORPORATION	COM	88870p106	149	11,000	SH		SOLE		11,000	0	0
TIVO CORPORATION	COM	88870p106	54	4,000	SH		OTR		0	0	4,000
TOLL BROTHERS INC	COM	889478103	216	5,000	SH		OTR		0	0	5,000
TRIPADVISOR INC	COM	896945201	491	12,000	SH		SOLE		12,000	0	0
TYSON FOODS INC CLASS A	COM	902494103	732	10,000	SH		OTR		0	0	10,000
U S BANCORP	COM	902973304	62	1,237	SH		SOLE		1,237	0	0
U S BANCORP	COM	902973304	6,313	125,000	SH		OTR		0	0	125,000
UNITED PARCEL SRVC CLASS B	COM	911312106	9,955	95,116	SH		SOLE		95,046	0	70
UNITED PARCEL SRVC CLASS B	COM	911312106	20,221	193,211	SH		OTR		0	0	193,211
UNITED RENTALS INC	COM	911363109	256	1,480	SH		SOLE		1,480	0	0
UNITEDHEALTH GRP INC	COM	91324p102	217	1,016	SH		SOLE		1,016	0	0
UNITEDHEALTH GRP INC	COM	91324p102	3	12	SH		OTR		0	0	12
UNIVERSAL HLTH SVCS CLASS B	COM	913903100	276	2,330	SH		SOLE		2,330	0	0
UNIVERSAL HLTH SVCS CLASS B	COM	913903100	1	6	SH		OTR		0	0	6
UQM TECHNOLOGIES INC	COM	903213106	32	25,050	SH		OTR		0	0	25,050
VALERO ENERGY CORP	COM	91913y100	196	2,118	SH		SOLE		2,050	0	68
VALERO ENERGY CORP	COM	91913y100	180	1,941	SH		OTR		0	0	1,941
VASCO DATA SECURITY	COM	92230y104	259	20,000	SH		OTR		0	0	20,000
VERIZON COMMUNICATN	COM	92343v104	68	1,421	SH		SOLE		1,062	0	359
VERIZON COMMUNICATN	COM	92343v104	383	8,007	SH		OTR		0	0	8,007
VISA INC CLASS A	COM	92826c839	1,148	9,596	SH		SOLE		9,596	0	0
VISA INC CLASS A	COM	92826c839	550	4,600	SH		OTR		0	0	4,600
VISTA GOLD CORP F	COM	927926303	22	30,000	SH		SOLE		30,000	0	0
WAL-MART STORES	COM	931142103	65	730	SH		SOLE		630	0	100
WAL-MART STORES	COM	931142103	766	8,606	SH		OTR		0	0	8,606
WALT DISNEY CO	COM	254687106	509	5,067	SH		SOLE		5,067	0	0
WALT DISNEY CO	COM	254687106	37	372	SH		OTR		0	0	372
WELLS FARGO BK N A	COM	949746101	297	5,668	SH		SOLE		5,668	0	0
WELLS FARGO BK N A	COM	949746101	215	4,103	SH		OTR		0	0	4,103
WILLIAMS COMPANIES	COM	969457100	4	166	SH		SOLE		166	0	0
WILLIAMS COMPANIES	COM	969457100	1,040	41,836	SH		OTR		0	0	41,836
WORKDAY INC	COM	98138H101	407	3,200	SH		SOLE		3,200	0	0
WORKHORSE GROUP INC	COM	98138j206	26	10,000	SH		OTR		0	0	10,000
XILINX INC	COM	983919101	686	9,497	SH		SOLE		9,382	0	115
XILINX INC	COM	983919101	185	2,557	SH		OTR		0	0	2,557
AEGON N V F SPONSORED ADR 1 AD	ADR	007924103	4	575	SH		SOLE		0	0	575
AEGON N V F SPONSORED ADR 1 AD	ADR	007924103	193	28,500	SH		OTR		0	0	28,500
ALLIANZ SE F SPONSORED ADR 1 A	ADR	018805101	138	6,079	SH		SOLE		6,079	0	0
ALLIANZ SE F SPONSORED ADR 1 A	ADR	018805101	681	30,000	SH		OTR		0	0	30,000
BAIDU INC. F SPONSORED ADR 1 A	ADR	056752108	370	1,658	SH		SOLE		1,658	0	0
BAIDU INC. F SPONSORED ADR 1 A	ADR	056752108	4	20	SH		OTR		0	0	20
BAYER AG F SPONSORED ADR 1 ADR	ADR	072730302	678	24,000	SH		OTR		0	0	24,000
BP PLC F SPONSORED ADR 1 ADR R	ADR	055622104	428	10,556	SH		SOLE		10,556	0	0
BP PLC F SPONSORED ADR 1 ADR R	ADR	055622104	281	6,930	SH		OTR		0	0	6,930
C K HUTCHISON HOLDIN F SPONSOR	ADR	12562y100	158	13,195	SH		SOLE		13,195	0	0
C K HUTCHISON HOLDIN F SPONSOR	ADR	12562y100	20	1,660	SH		OTR		0	0	1,660
DEUTSCHE TELEKOM AG F SPONSORE	ADR	251566105	56	3,411	SH		SOLE		3,411	0	0
DEUTSCHE TELEKOM AG F SPONSORE	ADR	251566105	402	24,500	SH		OTR		0	0	24,500
ENEL SOCIETA PER AZIONI ADR	ADR	29265W207	108	17,673	SH		SOLE		17,673	0	0
KINGFISHER ADR	ADR	495724403	98	11,762	SH		SOLE		11,762	0	0
KROTON EDUCACIONAL SA	ADR	50106A402	51	12,649	SH		SOLE		12,649	0	0
LLOYDS BANKING GROUP PLC ADR	ADR	539439109	165	44,396	SH		SOLE		44,396	0	0
PORSCHE AUTOMOBIL HO F SPONSOR	ADR	73328p106	768	92,700	SH		OTR		0	0	92,700
SIEMENS A G F SPONSORED ADR 1	ADR	826197501	895	14,000	SH		OTR		0	0	14,000
SUBARU CORPORATION F UNSPONSOR	ADR	86428v104	166	10,000	SH		OTR		0	0	10,000
TAIWAN SEMICONDUCTR F SPONSORE	ADR	874039100	288	6,578	SH		SOLE		6,578	0	0
TAIWAN SEMICONDUCTR F SPONSORE	ADR	874039100	13,128	300,000	SH		OTR		0	0	300,000
TESCO PLC SPONS ADR	ADR	881575302	110	12,755	SH		SOLE		12,505	0	250
ENERGY SELECT SECTOR SPDR ETF	INDEX CEF	81369y506	296	4,386	SH		SOLE		4,165	0	221
ENERGY SELECT SECTOR SPDR ETF	INDEX CEF	81369y506	329	4,887	SH		OTR		0	0	4,887
GLOBAL X MSCI GREECE ETF	INDEX CEF	37950e366	18	1,900	SH		SOLE		1,900	0	0
GLOBAL X MSCI GREECE ETF	INDEX CEF	37950e366	594	61,210	SH		OTR		0	0	61,210
IQ HEDGE MULTI-STRATEGY TRACKE	INDEX CEF	45409b107	512	16,794	SH		SOLE		16,794	0	0
IQ HEDGE MULTI-STRATEGY TRACKE	INDEX CEF	45409b107	83	2,728	SH		OTR		0	0	2,728
ISHARES CORE MSCI EMERGING ETF	INDEX CEF	46434g103	2,441	41,791	SH		SOLE		41,791	0	0
ISHARES CORE MSCI EMERGING ETF	INDEX CEF	46434g103	61	1,041	SH		OTR		0	0	1,041
ISHARES CORE S&P 500 ETF	INDEX CEF	464287200	9,890	37,267	SH		SOLE		18,727	0	18,540
ISHARES CORE S&P SMALL CAP ETF	INDEX CEF	464287804	6,412	83,263	SH		SOLE		82,605	0	658
ISHARES CORE S&P SMALL CAP ETF	INDEX CEF	464287804	1,331	17,289	SH		OTR		32	0	17,257
ISHARES CORE US GROWTH ETF	INDEX CEF	464287671	7,161	131,102	SH		SOLE		78,962	0	52,140
ISHARES CORE US GROWTH ETF	INDEX CEF	464287671	659	12,062	SH		OTR		0	0	12,062
ISHARES MSCI BRAZIL ETF	INDEX CEF	464286400	539	12,000	SH		SOLE		12,000	0	0
ISHARES MSCI BRAZIL ETF	INDEX CEF	464286400	898	20,000	SH		OTR		0	0	20,000
ISHARES MSCI EAFE ETF	INDEX CEF	464287465	1,775	25,468	SH		SOLE		14,098	0	11,370
ISHARES MSCI EAFE ETF	INDEX CEF	464287465	1,455	20,877	SH		OTR		0	0	20,877
ISHARES MSCI EMERGING MARKETS	INDEX CEF	464287234	227	4,712	SH		OTR		0	0	4,712
ISHARES MSCI EUROZONE ETF	INDEX CEF	464286608	11,509	265,483	SH		SOLE		264,107	0	1,376
ISHARES MSCI EUROZONE ETF	INDEX CEF	464286608	3,045	70,249	SH		OTR		79	0	70,170
ISHARES MSCI GERMANY ETF	INDEX CEF	464286806	7,177	224,000	SH		OTR		0	0	224,000
ISHARES MSCI ITALY CAPPED ETF	INDEX CEF	46434g830	125	3,873	SH		SOLE		3,873	0	0
ISHARES MSCI ITALY CAPPED ETF	INDEX CEF	46434g830	326	10,150	SH		OTR		0	0	10,150
ISHARES MSCI TURKEY ETF	INDEX CEF	464286715	721	17,000	SH		OTR		0	0	17,000
ISHARES RUSSELL 1000 ETF	INDEX CEF	464287622	3,144	21,408	SH		OTR		0	0	21,408
ISHARES RUSSELL 1000 GROWTH ET	INDEX CEF	464287614	88	649	SH		SOLE		649	0	0
ISHARES RUSSELL 1000 GROWTH ET	INDEX CEF	464287614	3,607	26,505	SH		OTR		0	0	26,505
ISHARES RUSSELL 2000 ETF	INDEX CEF	464287655	1,093	7,197	SH		SOLE		7,197	0	0
ISHARES RUSSELL 2000 ETF	INDEX CEF	464287655	349	2,300	SH		OTR		0	0	2,300
ISHARES RUSSELL 2000 GROWTH ET	INDEX CEF	464287648	548	2,876	SH		OTR		0	0	2,876
ISHARES RUSSELL 3000 ETF	INDEX CEF	464287689	1,025	6,558	SH		OTR		0	0	6,558
ISHARES RUSSELL MID CAP ETF	INDEX CEF	464287499	2,123	10,282	SH		SOLE		5,141	0	5,141
ISHARES RUSSELL MID CAP ETF	INDEX CEF	464287499	242	1,171	SH		OTR		0	0	1,171
ISHARES RUSSELL MID CAP GROWTH	INDEX CEF	464287481	201	1,637	SH		SOLE		1,637	0	0
ISHARES RUSSELL MID CAP GROWTH	INDEX CEF	464287481	20	162	SH		OTR		0	0	162
ISHARES S&P 100 ETF	INDEX CEF	464287101	2,919	25,169	SH		OTR		0	0	25,169
ISHARES S&P 500 GROWTH ETF	INDEX CEF	464287309	275	1,775	SH		SOLE		1,775	0	0
ISHARES S&P 500 GROWTH ETF	INDEX CEF	464287309	71	460	SH		OTR		0	0	460
ISHARES SELECT DIVIDEND ETF	INDEX CEF	464287168	1,893	19,898	SH		SOLE		9,949	0	9,949
ISHARES SELECT DIVIDEND ETF	INDEX CEF	464287168	38	396	SH		OTR		0	0	396
POWERSHARES FTSE RAFI EMER MKT	INDEX CEF	73936t763	204	8,666	SH		OTR		0	0	8,666
POWERSHARES QQQ TRUST SRS 1 ET	INDEX CEF	73935a104	58,894	367,786	SH		SOLE		359,993	0	7,793
POWERSHARES QQQ TRUST SRS 1 ET	INDEX CEF	73935a104	6,165	38,500	SH		OTR		196	0	38,304
POWERSHARES S&P 500 LOW VOLAT	INDEX CEF	73937b779	10,948	233,092	SH		SOLE		228,531	0	4,561
POWERSHARES S&P 500 LOW VOLAT	INDEX CEF	73937b779	874	18,604	SH		OTR		137	0	18,467
PROSHARES ULTRASHORT FTSE EURO	INDEX CEF	74348a434	687	22,000	SH		OTR		0	0	22,000
SCHWAB INTERNATIONAL EQUITY ET	INDEX CEF	808524805	302	8,945	SH		SOLE		8,945	0	0
SCHWAB INTERNATIONAL EQUITY ET	INDEX CEF	808524805	12	345	SH		OTR		0	0	345
SCHWAB US BROAD MARKET ETF	INDEX CEF	808524102	1,086	17,022	SH		SOLE		17,022	0	0
SCHWAB US BROAD MARKET ETF	INDEX CEF	808524102	119	1,870	SH		OTR		0	0	1,870
SCHWAB US LARGE CAP ETF	INDEX CEF	808524201	1,169	18,537	SH		SOLE		18,537	0	0
SCHWAB US LARGE CAP ETF	INDEX CEF	808524201	84	1,324	SH		OTR		0	0	1,324
SELECT SECTOR HEALTH CARE SPDR	INDEX CEF	81369y209	13,917	170,971	SH		SOLE		167,335	0	3,636
SELECT SECTOR HEALTH CARE SPDR	INDEX CEF	81369y209	1,327	16,307	SH		OTR		45	0	16,262
SELECT SECTOR UTI SELECT SPDR	INDEX CEF	81369y886	1,080	21,371	SH		SOLE		21,371	0	0
SELECT STR FINANCIAL SELECT SP	INDEX CEF	81369y605	7,437	269,736	SH		SOLE		267,918	0	1,818
SELECT STR FINANCIAL SELECT SP	INDEX CEF	81369y605	1,012	36,714	SH		OTR		89	0	36,625
SPDR EURO STOXX 50 ETF	INDEX CEF	78463x202	1,047	26,000	SH		OTR		0	0	26,000
SPDR S&P 500 ETF	INDEX CEF	78462f103	101,796	386,835	SH		SOLE		382,823	0	4,012
SPDR S&P 500 ETF	INDEX CEF	78462f103	13,048	49,585	SH		OTR		179	0	49,406
SPDR S&P DIVIDEND ETF	INDEX CEF	78464a763	3,197	35,054	SH		SOLE		34,962	0	92
SPDR S&P DIVIDEND ETF	INDEX CEF	78464a763	859	9,417	SH		OTR		0	0	9,417
SPDR S&P TRANSPORTATION ETF	INDEX CEF	78464a532	1,005	16,000	SH		SOLE		16,000	0	0
TECHNOLOGY SELECT SECTOR SPDR	INDEX CEF	81369y803	15,115	231,046	SH		SOLE		227,532	0	3,514
TECHNOLOGY SELECT SECTOR SPDR	INDEX CEF	81369y803	1,122	17,157	SH		OTR		136	0	17,021
VANECK VECTORS CHINAAMC CSI 30	INDEX CEF	92189f759	339	6,972	SH		OTR		0	0	6,972
VANECK VECTORS GOLD MINERS ETF	INDEX CEF	92189f106	110	5,000	SH		SOLE		5,000	0	0
VANECK VECTORS GOLD MINERS ETF	INDEX CEF	92189f106	402	18,270	SH		OTR		0	0	18,270
VANECK VECTORS JR GOLD MINERS	INDEX CEF	92189f791	161	5,000	SH		SOLE		5,000	0	0
VANECK VECTORS JR GOLD MINERS	INDEX CEF	92189f791	1,415	44,000	SH		OTR		0	0	44,000
VANGUARD DIVIDEND APPRECIATION	INDEX CEF	921908844	3,270	32,359	SH		SOLE		32,359	0	0
VANGUARD FTSE EMERGING MARKETS	INDEX CEF	922042858	12,908	274,757	SH		SOLE		271,541	0	3,216
VANGUARD FTSE EMERGING MARKETS	INDEX CEF	922042858	3,664	77,999	SH		OTR		76	0	77,923
VANGUARD HIGH DIVIDEND YIELD E	INDEX CEF	921946406	236	2,860	SH		SOLE		2,860	0	0
VANGUARD INDEX FUNDS VANGUARD	INDEX CEF	922908736	2,821	19,886	SH		SOLE		19,886	0	0
VANGUARD MEGA CAP GROWTH ETF	INDEX CEF	921910816	907	8,085	SH		SOLE		8,085	0	0
VANGUARD S&P 500 ETF	INDEX CEF	922908363	1,207	4,985	SH		OTR		0	0	4,985
VANGUARD S&P MID CAP 400 ETF	INDEX CEF	921932885	3,041	24,000	SH		OTR		0	0	24,000
VANGUARD S&P MID CAP 400 VALUE	INDEX CEF	921932844	2,832	24,000	SH		OTR		0	0	24,000
VANGUARD TOTAL STOCK MARKET ET	INDEX CEF	922908769	109	806	SH		SOLE		806	0	0
VANGUARD TOTAL STOCK MARKET ET	INDEX CEF	922908769	2,294	16,900	SH		OTR		0	0	16,900
VANGUARD VALUE ETF	INDEX CEF	922908744	11,743	113,811	SH		SOLE		112,154	0	1,657
VANGUARD VALUE ETF	INDEX CEF	922908744	873	8,459	SH		OTR		41	0	8,418
WISDOMTREE EUROPE HEDGED EQTY	INDEX CEF	97717x701	1,860	29,660	SH		SOLE		29,660	0	0
WISDOMTREE EUROPE HEDGED EQTY	INDEX CEF	97717x701	19	300	SH		OTR		0	0	300
WISDOMTREE JAPAN HEDGED EQUITY	INDEX CEF	97717w851	7,763	138,600	SH		SOLE		136,089	0	2,511
WISDOMTREE JAPAN HEDGED EQUITY	INDEX CEF	97717w851	686	12,241	SH		OTR		62	0	12,179
WISDOMTREE US DIV EX FINANCAL	INDEX CEF	97717w406	609	7,200	SH		SOLE		7,200	0	0
ISHARES 1-3 YEAR CREDIT BOND E	ETF	464288646	6,233	60,049	SH		SOLE		57,925	0	2,124
ISHARES 1-3 YEAR CREDIT BOND E	ETF	464288646	653	6,295	SH		OTR		117	0	6,178
ISHARES CORE US AGGREGATE BOND	ETF	464287226	4,107	38,290	SH		SOLE		20,395	0	17,895
ISHARES EM HGHYL BD ETF	ETF	464286285	244	4,978	SH		SOLE		4,978	0	0
ISHARES FLOATING RATE BOND ETF	ETF	46429b655	355	6,975	SH		SOLE		6,975	0	0
ISHARES FLOATING RATE BOND ETF	ETF	46429b655	164	3,219	SH		OTR		0	0	3,219
ISHARES IBOXX INVT GRADE BOND	ETF	464287242	2,822	24,043	SH		SOLE		13,455	0	10,588
ISHARES IBOXX INVT GRADE BOND	ETF	464287242	156	1,328	SH		OTR		0	0	1,328
ISHARES S&P U S PFD FUND S&P U	ETF	464288687	644	17,151	SH		SOLE		17,151	0	0
ISHARES S&P U S PFD FUND S&P U	ETF	464288687	11	300	SH		OTR		0	0	300
ISHARES TIPS BOND ETF	ETF	464287176	3,243	28,686	SH		SOLE		14,343	0	14,343
PIMCO 0-5 YEAR HIGH YLD BND ID	ETF	72201r783	7,505	75,310	SH		SOLE		74,289	0	1,021
PIMCO 0-5 YEAR HIGH YLD BND ID	ETF	72201r783	551	5,531	SH		OTR		0	0	5,531
PIMCO ACTIVE BOND ETF	ETF	72201r775	7,722	74,088	SH		SOLE		72,377	0	1,711
PIMCO ACTIVE BOND ETF	ETF	72201r775	495	4,746	SH		OTR		175	0	0
PIMCO ENHANCED SHRT MATURTY AC	ETF	72201r833	1,163	11,452	SH		SOLE		11,452	0	0
PIMCO ENHANCED SHRT MATURTY AC	ETF	72201r833	638	6,286	SH		OTR		0	0	6,286
POWERSHARES FINANCIAL PREFERRE	ETF	73935x229	587	31,655	SH		SOLE		31,655	0	0
POWERSHARES INTL CORPORATE BON	ETF	73936q835	407	14,610	SH		SOLE		12,240	0	2,370
POWERSHARES INTL CORPORATE BON	ETF	73936q835	76	2,720	SH		OTR		0	0	2,720
POWERSHARES SENIOR LOAN ETF	ETF	73936q769	983	42,516	SH		SOLE		42,516	0	0
POWERSHARES SENIOR LOAN ETF	ETF	73936q769	124	5,359	SH		OTR		0	0	5,359
SPDR BLMBRG BRCLY INV GR FLTN	ETF	78468r200	1,090	35,466	SH		SOLE		35,466	0	0
SPDR BLMBRG BRCLY INV GR FLTN	ETF	78468r200	42	1,358	SH		OTR		0	0	1,358
SPDR BLMBRG BRCLYS SHORT T H Y	ETF	78468r408	3,887	142,014	SH		SOLE		142,014	0	0
SPDR BLMBRG BRCLYS SHORT T H Y	ETF	78468r408	155	5,663	SH		OTR		406	0	5,257
SPDR DOUBLELINE TTL RTRN TTCL	ETF	78467v848	4,392	91,564	SH		SOLE		87,121	0	4,443
SPDR DOUBLELINE TTL RTRN TTCL	ETF	78467v848	301	6,284	SH		OTR		83	0	6,201
VANGUARD EMERGING MARKT GOVT B	ETF	921946885	487	6,213	SH		SOLE		6,213	0	0
VANGUARD SCOTTSDALE FUNDS VANG	ETF	92206c409	3,749	47,799	SH		SOLE		47,316	0	483
VANGUARD SCOTTSDALE FUNDS VANG	ETF	92206c409	143	1,822	SH		OTR		65	0	1,757
VANGUARD TOTAL INTERNATIONAL B	ETF	92203j407	2,393	43,715	SH		SOLE		43,639	0	76
VANGUARD TOTAL INTERNATIONAL B	ETF	92203j407	165	3,007	SH		OTR		60	0	2,947
APOLLO GLOBAL MGMT LP	LP	037612306	422	14,235	SH		OTR		0	0	14,235
BLACKSTONE GROUP LP LP	LP	09253u108	636	19,900	SH		SOLE		19,900	0	0
BLACKSTONE GROUP LP LP	LP	09253u108	1,157	36,200	SH		OTR		0	0	36,200
KKR & CO LP LP	LP	48248m102	680	33,500	SH		SOLE		33,500	0	0
KKR & CO LP LP	LP	48248m102	370	18,224	SH		OTR		0	0	18,224
POPE RESOURCES DEP LP	LP	732857107	1,378	19,597	SH		OTR		0	0	19,597
Riverside Foxmoor Associates	LP	000000000	0	85,953	SH		OTR		0	0	85,953
WILLIAMS PARTNERS LP LP	LP	96949l105	7,091	205,964	SH		OTR		0	0	205,964
FARM CREDIT BANK O 0 PFD DUE 1	PFD	30767e307	1,872	1,600	SH		SOLE		1,600	0	0
HILLMAN GRP 11.6 PFD DUE 09/30	PFD	43162l206	354	11,402	SH		OTR		0	0	11,402
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	188	15,040	SH		SOLE		15,040	0	0
BLACKROCK MUNICIPAL INCO	NON-TAX CEF	09248f109	381	29,590	SH		SOLE		29,590	0	0
BLACKROCK MUNICIPAL INCO	NON-TAX CEF	09248f109	2,765	214,543	SH		OTR		0	0	214,543
BLACKROCK MUNIHLDG CALIF	NON-TAX CEF	09254l107	111	8,445	SH		SOLE		8,445	0	0
BLACKROCK MUNIHLDG CALIF	NON-TAX CEF	09254l107	90	6,805	SH		OTR		0	0	6,805
BLACKROCK MUNIHOLDINGS C	NON-TAX CEF	09253n104	158	10,370	SH		SOLE		10,370	0	0
BLACKROCK MUNIHOLDINGS I	NON-TAX CEF	09254p108	284	21,760	SH		SOLE		21,760	0	0
BLACKROCK MUNIHOLDINGS I	NON-TAX CEF	09254p108	83	6,380	SH		OTR		0	0	6,380
BLACKROCK MUNIYIELD CALI	NON-TAX CEF	09254n103	438	32,875	SH		SOLE		32,875	0	0
BLACKROCK MUNIYIELD CALI	NON-TAX CEF	09254n103	6,396	480,198	SH		OTR		0	0	480,198
BLACKROCK MUNIYIELD CALI	NON-TAX CEF	09254m105	535	40,153	SH		SOLE		40,153	0	0
BLACKROCK MUNIYIELD CALI	NON-TAX CEF	09254m105	2,684	201,358	SH		OTR		0	0	201,358
BLACKROCK MUNIYIELD CF	NON-TAX CEF	09253w104	141	10,530	SH		SOLE		10,530	0	0
BLACKROCK MUNIYIELD CF	NON-TAX CEF	09253w104	88	6,570	SH		OTR		0	0	6,570
BLACKROCK MUNIYIELD QUAL	NON-TAX CEF	09254e103	281	22,260	SH		SOLE		22,260	0	0
BLACKROCK MUNIYIELD QUAL	NON-TAX CEF	09254e103	84	6,655	SH		OTR		0	0	6,655
BLACKROCK MUNIYLD QUALIT	NON-TAX CEF	09254g108	153	12,630	SH		SOLE		12,630	0	0
DEUTSCHE MUNI INCOME TR	NON-TAX CEF	25160c106	220	19,660	SH		SOLE		19,660	0	0
DREYFUS STRATEGIC MUNICI	NON-TAX CEF	26202f107	211	27,740	SH		SOLE		27,740	0	0
DREYFUS STRATEGIC MUNICI	NON-TAX CEF	261932107	204	26,460	SH		SOLE		26,460	0	0
EATON VANCE CALIF MUNICI	NON-TAX CEF	27828a100	104	10,090	SH		SOLE		10,090	0	0
INVESCO ADVANTAGE MUNI INCOME	NON-TAX CEF	46132e103	40	3,800	SH		SOLE		3,800	0	0
INVESCO ADVANTAGE MUNI INCOME	NON-TAX CEF	46132e103	95	8,930	SH		OTR		0	0	8,930
INVESCO CALIFORNIA VALUE MUNIC	NON-TAX CEF	46132h106	144	12,310	SH		SOLE		12,310	0	0
INVESCO CALIFORNIA VALUE MUNIC	NON-TAX CEF	46132h106	35	2,971	SH		OTR		0	0	2,971
INVESCO MUNI OPPORTUNITY TRUST	NON-TAX CEF	46132c107	144	12,270	SH		SOLE		12,270	0	0
INVESCO MUNICIPAL TRUST	NON-TAX CEF	46131j103	140	12,000	SH		SOLE		12,000	0	0
INVESCO TRUST FOR INVT GRADE M	NON-TAX CEF	46131m106	131	10,760	SH		SOLE		10,760	0	0
INVESCO TRUST FOR INVT GRADE M	NON-TAX CEF	46131m106	92	7,560	SH		OTR		0	0	7,560
INVESCO VALUE MUNI INCM TRUST	NON-TAX CEF	46132p108	167	11,500	SH		SOLE		11,500	0	0
NUVEEN AMT FREE MNCPL CR	NON-TAX CEF	67071l106	306	21,065	SH		SOLE		21,065	0	0
NUVEEN AMT FREE QUALITY	NON-TAX CEF	670657105	636	48,938	SH		SOLE		48,938	0	0
NUVEEN CLIFORNIA QULTY M	NON-TAX CEF	67066y105	760	56,766	SH		SOLE		56,766	0	0
NUVEEN CLIFORNIA QULTY M	NON-TAX CEF	67066y105	32	2,391	SH		OTR		0	0	2,391
NUVEEN ENHANCED MUNICIPA	NON-TAX CEF	67074m101	278	20,860	SH		SOLE		20,860	0	0
NUVEEN ENHANCED MUNICIPA	NON-TAX CEF	67074m101	90	6,715	SH		OTR		0	0	6,715
NUVEEN MUNI HIGH INC OPP	NON-TAX CEF	670682103	289	23,140	SH		SOLE		23,140	0	0
NUVEEN QUALITY MUNICIPAL	NON-TAX CEF	67066v101	655	49,840	SH		SOLE		49,840	0	0
NUVEN CALIFOR AMT FREE Q	NON-TAX CEF	670651108	155	11,449	SH		SOLE		11,449	0	0
NUVEN CALIFOR AMT FREE Q	NON-TAX CEF	670651108	0	17	SH		OTR		0	0	17
PIMCO CALIFOR MUNI INCM	NON-TAX CEF	72201c109	120	12,400	SH		SOLE		12,400	0	0
PIMCO MUN INC II	NON-TAX CEF	72200w106	337	26,745	SH		SOLE		26,745	0	0
PIMCO MUNICIPAL INCOME C	NON-TAX CEF	72200r107	231	18,413	SH		OTR		0	0	18,413
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	414	31,780	SH		SOLE		31,780	0	0
WESTERN ASST MNGD MUNCPL	NON-TAX CEF	95766m105	85	6,520	SH		OTR		0	0	6,520
1/100000 INSIGHT SEL INC	TAXABLE CEF	efh81w105	0	49,520	SH		OTR		0	0	49,520
BLACKROCK FLOAT RATE INC	TAXABLE CEF	09255x100	235	16,140	SH		SOLE		16,140	0	0
BLACKROCK FLOAT RATE INC	TAXABLE CEF	09255x100	31	2,164	SH		OTR		0	0	2,164
BLACKROCK LIMITED DURATI	TAXABLE CEF	09249w101	154	10,212	SH		SOLE		10,212	0	0
CALAMOS CONVERTIBLE AND	TAXABLE CEF	12811p108	86	7,340	SH		SOLE		7,340	0	0
CALAMOS CONVERTIBLE AND	TAXABLE CEF	12811p108	42	3,625	SH		OTR		0	0	3,625
CALAMOS CONVERTIBLE OPPO	TAXABLE CEF	128117108	831	74,875	SH		SOLE		74,875	0	0
CALAMOS CONVERTIBLE OPPO	TAXABLE CEF	128117108	88	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	467	23,272	SH		OTR		0	0	23,272
EATON VANCE LIMITED DURA	TAXABLE CEF	27828h105	79	6,089	SH		SOLE		3,855	0	2,234
EATON VANCE LIMITED DURA	TAXABLE CEF	27828h105	200	15,386	SH		OTR		0	0	15,386
FIRST TRUST INT DUR PRF	TAXABLE CEF	33718w103	323	13,868	SH		SOLE		13,868	0	0
IVY HIGH INCOME OPPORTUN	TAXABLE CEF	465893105	150	10,585	SH		SOLE		10,585	0	0
NUVEEN PREF AND INCM SEC	TAXABLE CEF	67072c105	148	15,089	SH		SOLE		15,089	0	0
NUVEEN PREFERRED INCOME	TAXABLE CEF	67073b106	216	21,587	SH		SOLE		21,587	0	0
NUVEEN PREFERRED INCOME	TAXABLE CEF	67073b106	97	9,649	SH		OTR		0	0	9,649
NUVEEN SENIOR INCOME CF	TAXABLE CEF	67067y104	66	10,000	SH		OTR		0	0	10,000
PIMCO CORPORATE OPPORTUN	TAXABLE CEF	72201b101	215	12,713	SH		SOLE		12,713	0	0
PIMCO CORPORATE OPPORTUN	TAXABLE CEF	72201b101	516	30,475	SH		OTR		0	0	30,475
PIMCO DYNMC CRDT AND MRT	TAXABLE CEF	72202d106	135	5,888	SH		SOLE		5,888	0	0
PIMCO DYNMC CRDT AND MRT	TAXABLE CEF	72202d106	128	5,600	SH		OTR		0	0	5,600
PIMCO INCOME STRATEGY II	TAXABLE CEF	72201j104	168	16,144	SH		SOLE		16,144	0	0
PIMCO INCOME STRATEGY II	TAXABLE CEF	72201j104	30	2,833	SH		OTR		0	0	2,833
WELLS FARGO INCOME OPPOR	TAXABLE CEF	94987b105	98	12,197	SH		SOLE		4,300	0	7,897
WELLS FARGO INCOME OPPOR	TAXABLE CEF	94987b105	2	300	SH		OTR		0	0	300
WELLS FARGO MULTI SECTOR	TAXABLE CEF	94987d101	36	2,795	SH		SOLE		1,098	0	1,697
WELLS FARGO MULTI SECTOR	TAXABLE CEF	94987d101	102	7,844	SH		OTR		0	0	7,844
WESTERN ASST HIGH INCM I	TAXABLE CEF	95766j102	80	12,160	SH		SOLE		12,160	0	0
BLACKROCK ENHANCED EQUIT	CEFS	09251a104	448	51,271	SH		OTR		0	0	51,271
BLACKROCK ENHANCED GLOBA	CEFS	092501105	46	4,000	SH		SOLE		4,000	0	0
BLACKROCK ENHANCED GLOBA	CEFS	092501105	1,063	91,873	SH		OTR		0	0	91,873
BLACKROCK ENHANCED INTER	CEFS	092524107	509	83,568	SH		OTR		0	0	83,568
BLACKROCK ENHCD CAPITL A	CEFS	09256a109	246	15,600	SH		SOLE		15,600	0	0
COHEN MLP INCOME AND ENE	CEFS	19249b106	181	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	267	23,100	SH		SOLE		23,100	0	0
FIDUCIARY/CLAYMORE MLP O	CEFS	31647q106	308	29,185	SH		SOLE		29,185	0	0
JOHN HANCOCK PREMIUM DIV	CEFS	41013t105	273	18,000	SH		SOLE		18,000	0	0
MORGAN STANLEY ASIA PACI	CEFS	61744u106	637	35,000	SH		OTR		0	0	35,000
ROYCE VALUE CF	CEFS	780910105	163	10,500	SH		SOLE		10,500	0	0
VOYA GLOBAL EQUITY DVD P	CEFS	92912t100	99	13,600	SH		SOLE		13,600	0	0
SPROTT PHYSICAL GOLD & S	COMMOD TXBLE CEF	85208r101	3,601	272,400	SH		OTR		0	0	272,400
SPROTT PHYSICAL GOLD ETV	COMMOD TXBLE CEF	85207h104	853	79,394	SH		OTR		0	0	79,394
SPDR NUVEEN BLMBRG BARCLAYS SH	ETF	78468r739	386	8,069	SH		SOLE		8,069	0	0
FIRST TRUST NORTH AMERICAN ENE	ETFS	33738d101	915	41,802	SH		SOLE		41,802	0	0
FIRST TRUST NORTH AMERICAN ENE	ETFS	33738d101	7	300	SH		OTR		0	0	300
VANECK VECTORS RUSSIA ETF	ETFS	92189f403	2,677	117,735	SH		OTR		0	0	117,735
ISHARES GOLD ETF	ETF	464285105	60	4,708	SH		SOLE		4,708	0	0
ISHARES GOLD ETF	ETF	464285105	191	15,000	SH		OTR		0	0	15,000
SPDR GOLD SHARES ETF	ETF	78463v107	327	2,596	SH		SOLE		2,596	0	0
SPDR GOLD SHARES ETF	ETF	78463v107	187	1,485	SH		OTR		0	0	1,485
EATON VANCE TAX ADVANTAG	CEFS	27828g107	1,161	53,023	SH		SOLE		51,223	0	1,800
EATON VANCE TAX ADVANTAG	CEFS	27828g107	241	11,018	SH		OTR		1,800	0	11,018
EATON VANCE TAX MAN GL D	CEFS	27829f108	97	10,600	SH		SOLE		10,600	0	0
EATON VANCE TX ADVNT GLB	CEFS	27828u106	589	23,545	SH		SOLE		23,545	0	0
EATON VANCE TX ADVNT GLB	CEFS	27828u106	289	11,562	SH		OTR		0	0	11,562
GABELLI EQUITY CF	CEFS	362397101	317	51,870	SH		SOLE		51,870	0	0
GABELLI EQUITY CF	CEFS	362397101	859	140,437	SH		OTR		0	0	140,437
NUVEEN TAX ADVNTGD DIVDN	CEFS	67073g105	245	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	75	79,176	SH		OTR		0	0	79,176
ALTAIR - DIRECT LENDINGFUND LL	ETF	zzc99d246	154	118,049	SH		OTR		0	0	118,049
ALTAIR - GOLUB CAPITAL VIIILP	ETF	92299q117	222	221,387	SH		OTR		0	0	221,387
ALTAIR - PACIFIC COAST CAP PTN	ETF	92299r115	114	94,410	SH		OTR		0	0	94,410
ALTAIR - PACIFIC COAST CAP PTN	ETF	92299r115	114	94,410	SH		OTR		0	0	94,410
ALTAIR - SECONDARIES FUND	ETF	000000000	43	25,743	SH		OTR		0	0	25,743
ALTAIR - SENIOR HOUSING FUND I	ETF	021LU1558	73	74,744	SH		OTR		0	0	74,744
ALTAIR - SPECIAL OPPORTUNITY	ETF	zzc99d246	109	93,587	SH		OTR		0	0	93,587
ALTAIR - SPECIAL OPPORTUNITY	ETF	zzc99d246	273	233,968	SH		OTR		0	0	233,968
ISHARES COHEN AND STEERS REIT	ETF	464287564	1,962	21,028	SH		SOLE		20,656	0	372
ISHARES COHEN AND STEERS REIT	ETF	464287564	168	1,803	SH		OTR		55	0	1,748
ISHARES US REAL ESTATE ETF	ETF	464287739	377	5,000	SH		SOLE		5,000	0	0
VANGUARD REAL ESTATE ETF	ETF	922908553	1,392	18,439	SH		SOLE		18,119	0	320
VANGUARD REAL ESTATE ETF	ETF	922908553	64	850	SH		OTR		0	0	850