Highland 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
ABBOTT LABS	COM	002824100	6,486	140,000	SH		DFND	2	140,000	0	0
ABIOMED INC	COM	003654100	104	1,455	SH		DFND	1	1,455	0	0
ABIOMED INC	COM	003654100	15,441	215,717	SH		DFND	2	215,717	0	0
ABIOMED INC	COM	003654100	1,016	14,190	SH		DFND	5	14,190	0	0
ACCELERON PHARMA INC	COM	00434H108	2,284	60,000	SH		DFND	2	60,000	0	0
ACHILLION PHARMACEUTICALS IN	COM	00448Q201	4,141	420,000	SH		DFND	2	420,000	0	0
ACTAVIS PLC	SHS	G0083B108	342	1,150	SH		DFND	1	1,150	0	0
ACTAVIS PLC	SHS	G0083B108	54,797	184,117	SH		DFND	2	184,117	0	0
ACTAVIS PLC	SHS	G0083B108	1,042	3,500	SH		DFND	5	3,500	0	0
ACTAVIS PLC	SHS	G0083B108	293	985	SH		SOLE		985	0	0
AETNA INC NEW	COM	00817Y108	39	363	SH		DFND	1	363	0	0
AETNA INC NEW	COM	00817Y108	6,647	62,397	SH		DFND	2	62,397	0	0
AETNA INC NEW	COM	00817Y108	389	3,652	SH		DFND	5	3,652	0	0
AGILE THERAPEUTICS INC	COM	00847L100	139	15,000	SH		DFND	1	15,000	0	0
AGILE THERAPEUTICS INC	COM	00847L100	216	23,287	SH		DFND	2	23,287	0	0
AGIOS PHARMACEUTICALS INC	COM	00847X104	82	866	SH		DFND	1	866	0	0
AGIOS PHARMACEUTICALS INC	COM	00847X104	5,092	54,002	SH		DFND	2	54,002	0	0
AGIOS PHARMACEUTICALS INC	COM	00847X104	232	2,455	SH		DFND	5	2,455	0	0
AKORN INC	COM	009728106	171	3,591	SH		DFND	1	3,591	0	0
AKORN INC	COM	009728106	9,532	200,624	SH		DFND	2	200,624	0	0
AMEDICA CORP	COM	023435100	148	421,187	SH		DFND	2	421,187	0	0
AMERICAN AIRLS GROUP INC	COM	02376R102	215,266	4,078,548	SH		SOLE		4,078,548	0	0
AMERICAN AIRLS GROUP INC	COM	02376R102	18,786	355,925	SH		DFND	3	355,925	0	0
AMERICAN AIRLS GROUP INC	COM	02376R102	81,724	1,548,392	SH		DFND	2	1,548,392	0	0
AMERICAN EXPRESS CO	COM	025816109	110,149	1,410,000	SH	Call	DFND	2	1,410,000	0	0
AMERICAN RLTY CAP PPTYS INC	COM	02917T104	32,306	3,279,756	SH		DFND	2	3,279,756	0	0
AMSURG CORP	COM	03232P405	129	2,090	SH		DFND	1	2,090	0	0
AMSURG CORP	COM	03232P405	7,974	129,620	SH		DFND	2	129,620	0	0
AMSURG CORP	COM	03232P405	368	5,977	SH		DFND	5	5,977	0	0
ANADARKO PETE CORP	COM	032511107	35,399	427,475	SH		DFND	2	427,475	0	0
ANADARKO PETE CORP	COM	032511107	31,965	386,000	SH		DFND	3	386,000	0	0
ANADARKO PETE CORP	COM	032511107	91,091	1,100,000	SH	Call	DFND	3	1,100,000	0	0
AON PLC	SHS CL A	G0408V102	2,884	30,000	SH		DFND	2	30,000	0	0
APOLLO ED GROUP INC	CL A	037604105	472	24,950	SH		DFND	3	24,950	0	0
APPLE INC	COM	037833100	22,426	180,232	SH		DFND	2	180,232	0	0
APPLE INC	COM	037833100	124	1,000	SH	Call	SOLE		1,000	0	0
APPLE INC	COM	037833100	22,397	180,000	SH	Call	DFND	2	180,000	0	0
APPLE INC	COM	037833100	1,745	14,020	SH		DFND	5	14,020	0	0
APPLE INC	COM	037833100	243	1,952	SH		SOLE		1,952	0	0
AQUINOX PHARMACEUTICALS INC	COM	03842B101	1,347	157,000	SH		DFND	2	157,000	0	0
ARAMARK	COM	03852U106	14,430	456,200	SH		DFND	2	456,200	0	0
ASCENDIS PHARMA A S	SPONSORED ADR	04351P101	87	5,000	SH		DFND	1	5,000	0	0
ASCENDIS PHARMA A S	SPONSORED ADR	04351P101	1,433	82,609	SH		DFND	2	82,609	0	0
ATLANTIC PWR CORP	COM NEW	04878Q863	1,375	489,280	SH		DFND	3	489,280	0	0
AUTOZONE INC	COM	053332102	20,738	30,400	SH		DFND	2	30,400	0	0
AUTOZONE INC	COM	053332102	621	910	SH		DFND	5	910	0	0
B/E AEROSPACE INC	COM	073302101	5,523	86,816	SH		DFND	2	86,816	0	0
BAIDU INC	SPON ADR REP A	056752108	2,084	10,000	SH		DFND	2	10,000	0	0
BELLEROPHON THERAPEUTICS INC	COM	078771102	1,489	162,177	SH		DFND	2	162,177	0	0
BLACKROCK BUILD AMER BD TR	SHS	09248X100	397	17,500	SH		DFND	4	17,500	0	0
BLACKROCK CR ALLCTN INC TR	COM	092508100	350	26,000	SH		DFND	4	26,000	0	0
BLACKSTONE GSO STRATEGIC CR	COM SHS BEN IN	09257R101	647	40,000	SH		DFND	4	40,000	0	0
BLOCK H & R INC	COM	093671105	17,400	542,551	SH		DFND	2	542,551	0	0
BOARDWALK PIPELINE PARTNERS	UT LTD PARTNER	096627104	8,456	525,231	SH		DFND	2	525,231	0	0
BOSTON SCIENTIFIC CORP	COM	101137107	263	14,789	SH		DFND	1	14,789	0	0
BOSTON SCIENTIFIC CORP	COM	101137107	13,268	747,514	SH		DFND	2	747,514	0	0
BOSTON SCIENTIFIC CORP	COM	101137107	787	44,323	SH		DFND	5	44,323	0	0
BROOKDALE SR LIVING INC	COM	112463104	13,322	352,800	SH		DFND	2	352,800	0	0
BROOKDALE SR LIVING INC	COM	112463104	378	10,000	SH		DFND	5	10,000	0	0
BURLINGTON STORES INC	COM	122017106	114	1,920	SH		SOLE		1,920	0	0
BURLINGTON STORES INC	COM	122017106	16,908	284,550	SH		DFND	2	284,550	0	0
CARDINAL HEALTH INC	COM	14149Y108	226	2,500	SH		DFND	1	2,500	0	0
CARDINAL HEALTH INC	COM	14149Y108	24,373	270,000	SH		DFND	2	270,000	0	0
CARDINAL HEALTH INC	COM	14149Y108	812	9,000	SH		DFND	5	9,000	0	0
CDK GLOBAL INC	COM	12508E101	17,535	375,003	SH		DFND	2	375,003	0	0
CDK GLOBAL INC	COM	12508E101	39	833	SH		DFND	3	833	0	0
CDK GLOBAL INC	COM	12508E101	1,485	31,750	SH		DFND	5	31,750	0	0
CEMPRA INC	COM	15130J109	4,811	140,212	SH		DFND	2	140,212	0	0
CENTENE CORP DEL	COM	15135B101	233	3,293	SH		DFND	5	3,293	0	0
CENTENE CORP DEL	COM	15135B101	8,559	121,076	SH		DFND	2	121,076	0	0
CIGNA CORPORATION	COM	125509109	454	3,509	SH		DFND	5	3,509	0	0
CIGNA CORPORATION	COM	125509109	18,843	145,571	SH		DFND	2	145,571	0	0
CIT GROUP INC	COM NEW	125581801	35,560	788,120	SH		DFND	2	788,120	0	0
CIT GROUP INC	COM NEW	125581801	198	4,396	SH		SOLE		4,396	0	0
CIVITAS SOLUTIONS INC	COM	17887R102	2,471	117,988	SH		DFND	2	117,988	0	0
COHERUS BIOSCIENCES INC	COM	19249H103	8	246	SH		DFND	1	246	0	0
COHERUS BIOSCIENCES INC	COM	19249H103	4,978	162,798	SH		DFND	2	162,798	0	0
COMMVAULT SYSTEMS INC	COM	204166102	3,000	68,655	SH		DFND	2	68,655	0	0
CONCHO RES INC	COM	20605P101	9,679	83,500	SH		DFND	2	83,500	0	0
CONCHO RES INC	COM	20605P101	39	335	SH		SOLE		335	0	0
CONTINENTAL RESOURCES INC	COM	212015101	6,398	146,500	SH		DFND	2	146,500	0	0
CORNING INC	COM	219350105	28,924	1,275,300	SH		DFND	2	1,275,300	0	0
CORNING INC	COM	219350105	12,780	563,485	SH		DFND	3	563,485	0	0
CORNING INC	COM	219350105	21,004	926,121	SH		SOLE		926,121	0	0
CRESTWOOD EQUITY PARTNERS LP	UNIT LTD PARTNER	226344109	1,291	215,129	SH		DFND	2	215,129	0	0
CRITEO S A	SPONS ADS	226718104	7,991	202,300	SH		DFND	2	202,300	0	0
CUMULUS MEDIA INC	CL A	231082108	3,878	1,570,000	SH		DFND	2	1,570,000	0	0
CUMULUS MEDIA INC	CL A	231082108	5,267	2,132,372	SH		SOLE		2,132,372	0	0
CURIS INC	COM	231269101	1,200	500,000	SH		DFND	2	500,000	0	0
DBX ETF TR	DBXTR HAR CS 300	233051879	24,984	600,000	SH		DFND	2	600,000	0	0
DBX ETF TR	HRV CHINA SMCP	233051754	19,300	400,000	SH		DFND	2	400,000	0	0
DIREXION SHS ETF TR	DAILY GOLD MINER	25459Y389	220	23,400	SH		DFND	3	23,400	0	0
DOLLAR GEN CORP NEW	COM	256677105	206	2,730	SH		SOLE		2,730	0	0
DOLLAR GEN CORP NEW	COM	256677105	1,318	17,480	SH		DFND	5	17,480	0	0
DOLLAR GEN CORP NEW	COM	256677105	20,002	265,350	SH		DFND	2	265,350	0	0
DR PEPPER SNAPPLE GROUP INC	COM	26138E109	208	2,650	SH		DFND	3	2,650	0	0
DRYSHIPS INC	SHS	Y2109Q101	2,097	2,759,814	SH		DFND	2	2,759,814	0	0
DRYSHIPS INC	SHS	Y2109Q101	3,766	4,955,698	SH		DFND	3	4,955,698	0	0
DYNAGAS LNG PARTNERS LP	COM UNIT LTD PT	Y2188B108	1,368	70,992	SH		DFND	2	70,992	0	0
E TRADE FINANCIAL CORP	COM NEW	269246401	25,909	907,326	SH		DFND	2	907,326	0	0
E TRADE FINANCIAL CORP	COM NEW	269246401	1,506	52,750	SH		DFND	5	52,750	0	0
E TRADE FINANCIAL CORP	COM NEW	269246401	186	6,500	SH		SOLE		6,500	0	0
EATON VANCE LTD DUR INCOME F	COM	27828H105	317	22,000	SH		DFND	4	22,000	0	0
EDWARDS LIFESCIENCES CORP	COM	28176E108	15,142	106,286	SH		DFND	2	106,286	0	0
EDWARDS LIFESCIENCES CORP	COM	28176E108	708	4,971	SH		DFND	5	4,971	0	0
EDWARDS LIFESCIENCES CORP	COM	28176E108	79	552	SH		DFND	1	552	0	0
ENDO INTL PLC	SHS	G30401106	718	8,000	SH		DFND	5	8,000	0	0
ENDO INTL PLC	SHS	G30401106	13,904	155,000	SH		DFND	2	155,000	0	0
ENDOCYTE INC	COM	29269A102	125	20,000	SH		DFND	1	20,000	0	0
ENDOCYTE INC	COM	29269A102	6,131	979,315	SH		DFND	2	979,315	0	0
ENERGY TRANSFER EQUITY L P	COM UT LTD PTN	29273V100	12,736	201,016	SH		DFND	2	201,016	0	0
ENERGY TRANSFER PRTNRS L P	UNIT LTD PARTN	29273R109	1,328	23,823	SH		DFND	2	23,823	0	0
ENLINK MIDSTREAM LLC	COM UNIT REP LTD	29336T100	1,337	41,077	SH		DFND	2	41,077	0	0
ENLINK MIDSTREAM PARTNERS LP	COM UNIT REP LTD	29336U107	1,285	51,952	SH		DFND	2	51,952	0	0
ENTERPRISE PRODS PARTNERS L	COM	293792107	10,831	328,913	SH		DFND	2	328,913	0	0
ENTERPRISE PRODS PARTNERS L	COM	293792107	22,758	691,100	SH	Call	DFND	2	691,100	0	0
EOG RES INC	COM	26875P101	3,237	35,300	SH		DFND	2	35,300	0	0
EOG RES INC	COM	26875P101	34,365	374,800	SH		SOLE		374,800	0	0
EQT MIDSTREAM PARTNERS LP	UNIT LTD PARTN	26885B100	1,304	16,791	SH		DFND	2	16,791	0	0
EXAMWORKS GROUP INC	COM	30066A105	87	2,101	SH		DFND	1	2,101	0	0
EXAMWORKS GROUP INC	COM	30066A105	11,923	286,478	SH		DFND	2	286,478	0	0
EXAMWORKS GROUP INC	COM	30066A105	464	11,158	SH		DFND	5	11,158	0	0
FACEBOOK INC	CL A	30303M102	28,565	347,444	SH		DFND	2	347,444	0	0
FACEBOOK INC	CL A	30303M102	1,350	16,415	SH		DFND	5	16,415	0	0
FACEBOOK INC	CL A	30303M102	252	3,071	SH		SOLE		3,071	0	0
FACEBOOK INC	CL A	30303M102	12,332	150,000	SH	Call	DFND	2	150,000	0	0
FACEBOOK INC	CL A	30303M102	493	6,000	SH	Call	DFND	5	6,000	0	0
FACEBOOK INC	CL A	30303M102	107	1,300	SH	Call	SOLE		1,300	0	0
FATE THERAPEUTICS INC	COM	31189P102	122	25,000	SH		DFND	1	25,000	0	0
FATE THERAPEUTICS INC	COM	31189P102	1,483	303,188	SH		DFND	2	303,188	0	0
FIDELITY NATIONAL FINANCIAL	FNF GROUP COM	31620R303	1,399	38,064	SH		DFND	5	38,064	0	0
FIDELITY NATIONAL FINANCIAL	FNF GROUP COM	31620R303	253	6,881	SH		SOLE		6,881	0	0
FIDELITY NATIONAL FINANCIAL	FNF GROUP COM	31620R303	36,705	998,510	SH		DFND	2	998,510	0	0
FIREEYE INC	COM	31816Q101	5,888	150,000	SH		DFND	2	150,000	0	0
FLUIDIGM CORP DEL	COM	34385P108	3,377	80,219	SH		DFND	2	80,219	0	0
FORTRESS INVESTMENT GROUP LL	CL A	34958B106	7,407	917,785	SH		DFND	3	917,785	0	0
FRESH MKT INC	COM	35804H106	3,934	96,810	SH		DFND	2	96,810	0	0
GALENA BIOPHARMA INC	COM	363256108	209	150,000	SH		DFND	1	150,000	0	0
GALENA BIOPHARMA INC	COM	363256108	4,587	3,300,000	SH		DFND	2	3,300,000	0	0
GLOBUS MED INC	CL A	379577208	312	12,349	SH		DFND	5	12,349	0	0
GLOBUS MED INC	CL A	379577208	5,089	201,621	SH		DFND	2	201,621	0	0
GOOGLE INC	CL C	38259P706	104,120	190,000	SH	Call	DFND	2	190,000	0	0
GRAY TELEVISION INC	CL A	389375205	212	18,000	SH		DFND	3	18,000	0	0
HARMAN INTL INDS INC	COM	413086109	9,645	72,174	SH		DFND	2	72,174	0	0
HCA HOLDINGS INC	COM	40412C101	123	1,634	SH		DFND	1	1,634	0	0
HCA HOLDINGS INC	COM	40412C101	10,698	142,203	SH		DFND	2	142,203	0	0
HCA HOLDINGS INC	COM	40412C101	588	7,819	SH		DFND	5	7,819	0	0
HEALTHSOUTH CORP	COM NEW	421924309	234	5,264	SH		DFND	1	5,264	0	0
HEALTHSOUTH CORP	COM NEW	421924309	16,655	375,458	SH		DFND	2	375,458	0	0
HEALTHSOUTH CORP	COM NEW	421924309	981	22,109	SH		DFND	5	22,109	0	0
HEALTHSTREAM INC	COM	42222N103	1,187	47,114	SH		DFND	2	47,114	0	0
HIGHLAND FDS I	HI LD IBOXX SRLN	430101774	4,816	248,518	SH		SOLE		248,518	0	0
HIGHLAND FDS I	HI LD IBOXX SRLN	430101774	8,518	439,529	SH		DFND	2	439,529	0	0
HILL ROM HLDGS INC	COM	431475102	10,258	209,341	SH		DFND	2	209,341	0	0
HILL ROM HLDGS INC	COM	431475102	508	10,372	SH		DFND	5	10,372	0	0
HILLTOP HOLDINGS INC	COM	432748101	1,985	102,131	SH		DFND	2	102,131	0	0
HILLTOP HOLDINGS INC	COM	432748101	8,048	414,000	SH		DFND	3	414,000	0	0
HILTON WORLDWIDE HLDGS INC	COM	43300A104	18,314	618,300	SH		DFND	2	618,300	0	0
HILTON WORLDWIDE HLDGS INC	COM	43300A104	1,081	36,510	SH		DFND	5	36,510	0	0
HUMANA INC	COM	444859102	73	412	SH		DFND	1	412	0	0
HUMANA INC	COM	444859102	6,137	34,473	SH		DFND	2	34,473	0	0
HUMANA INC	COM	444859102	215	1,206	SH		DFND	5	1,206	0	0
HUNTSMAN CORP	COM	447011107	333	15,000	SH		DFND	2	15,000	0	0
IAC INTERACTIVECORP	COM PAR $.001	44919P508	25,288	374,800	SH		DFND	2	374,800	0	0
ICON PLC	SHS	G4705A100	7,194	102,000	SH		DFND	2	102,000	0	0
ICON PLC	SHS	G4705A100	441	6,248	SH		DFND	5	6,248	0	0
IKANG HEALTHCARE GROUP INC	SPONSORED ADR	45174L108	2,433	150,000	SH		DFND	2	150,000	0	0
ILLUMINA INC	COM	452327109	4,991	26,886	SH		DFND	2	26,886	0	0
ILLUMINA INC	COM	452327109	306	1,647	SH		DFND	5	1,647	0	0
IMMUNOMEDICS INC	COM	452907108	49	12,915	SH		DFND	1	12,915	0	0
IMMUNOMEDICS INC	COM	452907108	746	194,775	SH		DFND	2	194,775	0	0
IMMUNOMEDICS INC	COM	452907108	88	23,100	SH	Call	DFND	1	23,100	0	0
IMMUNOMEDICS INC	COM	452907108	442	115,300	SH	Call	DFND	2	115,300	0	0
INOVALON HLDGS INC	COM CL A	45781D101	604	20,000	SH		DFND	2	20,000	0	0
INTERSECT ENT INC	COM	46071F103	481	18,617	SH		DFND	5	18,617	0	0
INTERSECT ENT INC	COM	46071F103	319	12,348	SH		DFND	1	12,348	0	0
INTERSECT ENT INC	COM	46071F103	7,868	304,601	SH		DFND	2	304,601	0	0
ISHARES	MSCI GERMANY ETF	464286806	1,492	50,000	SH		DFND	2	50,000	0	0
ISHARES TR	CHINA ETF	46429B671	4,905	90,000	SH		DFND	2	90,000	0	0
ISHARES TR	CHINA LG-CAP ETF	464287184	11,100	250,000	SH		DFND	2	250,000	0	0
ISHARES TR	MSCI INDIA ETF	46429B598	36,904	1,150,000	SH		DFND	2	1,150,000	0	0
ISHARES TR	RUSSELL 2000 ETF	464287655	31,088	250,000	SH	Put	DFND	2	250,000	0	0
JETBLUE AIRWAYS CORP	COM	477143101	46,988	2,440,927	SH		DFND	2	2,440,927	0	0
JETBLUE AIRWAYS CORP	COM	477143101	357	18,550	SH		DFND	3	18,550	0	0
JETBLUE AIRWAYS CORP	COM	477143101	16,327	848,150	SH		SOLE		848,150	0	0
K12 INC	COM	48273U102	2,668	169,709	SH		SOLE		169,709	0	0
K12 INC	COM	48273U102	30,222	1,922,525	SH		DFND	2	1,922,525	0	0
K12 INC	COM	48273U102	20,560	1,307,918	SH		DFND	3	1,307,918	0	0
K2M GROUP HLDGS INC	COM	48273J107	2,256	102,316	SH		DFND	2	102,316	0	0
KEYSIGHT TECHNOLOGIES INC	COM	49338L103	11,206	301,650	SH		DFND	2	301,650	0	0
KINDER MORGAN INC DEL	*W EXP 05/25/201	49456B119	8,788	2,143,481	SH		DFND	2	2,143,481	0	0
KINDER MORGAN INC DEL	COM	49456B101	4,238	100,758	SH		DFND	2	100,758	0	0
KINDRED HEALTHCARE INC	COM	494580103	202	8,500	SH		DFND	1	8,500	0	0
KINDRED HEALTHCARE INC	COM	494580103	21,649	910,000	SH		DFND	2	910,000	0	0
KINDRED HEALTHCARE INC	COM	494580103	642	27,000	SH		DFND	5	27,000	0	0
KLX INC	COM	482539103	12,603	327,000	SH		DFND	2	327,000	0	0
KYTHERA BIOPHARMACEUTICALS I	COM	501570105	2,006	40,000	SH		DFND	2	40,000	0	0
LABORATORY CORP AMER HLDGS	COM NEW	50540R409	8,196	65,000	SH		DFND	2	65,000	0	0
LDR HLDG CORP	COM	50185U105	23,173	632,459	SH		DFND	2	632,459	0	0
LDR HLDG CORP	COM	50185U105	1,089	29,724	SH		DFND	5	29,724	0	0
LDR HLDG CORP	COM	50185U105	337	9,210	SH		DFND	1	9,210	0	0
LEGG MASON INC	COM	524901105	1,742	31,560	SH		DFND	5	31,560	0	0
LEGG MASON INC	COM	524901105	255	4,626	SH		SOLE		4,626	0	0
LEGG MASON INC	COM	524901105	32,431	587,511	SH		DFND	2	587,511	0	0
LEJU HLDGS LTD	SPONSORED ADS	50187J108	1,672	210,000	SH		DFND	2	210,000	0	0
LHC GROUP INC	COM	50187A107	6,606	200,000	SH		DFND	2	200,000	0	0
LHC GROUP INC	COM	50187A107	330	10,000	SH		DFND	5	10,000	0	0
LKQ CORP	COM	501889208	1,879	73,500	SH		DFND	2	73,500	0	0
LORAL SPACE & COMMUNICATNS I	COM	543881106	5,335	77,945	SH		DFND	2	77,945	0	0
LORAL SPACE & COMMUNICATNS I	COM	543881106	2,716	39,684	SH		DFND	3	39,684	0	0
LORAL SPACE & COMMUNICATNS I	COM	543881106	136,305	1,991,600	SH		SOLE		1,991,600	0	0
MARKET VECTORS ETF TR	CHINAAMC SME ETF	57061R361	17,120	400,000	SH		DFND	2	400,000	0	0
MARKWEST ENERGY PARTNERS L P	UNIT LTD PARTN	570759100	4,381	66,276	SH		DFND	2	66,276	0	0
MCGRAW HILL FINL INC	COM	580645109	1,368	13,235	SH		DFND	5	13,235	0	0
MCGRAW HILL FINL INC	COM	580645109	206	1,997	SH		SOLE		1,997	0	0
MCGRAW HILL FINL INC	COM	580645109	25,913	250,610	SH		DFND	2	250,610	0	0
MCKESSON CORP	COM	58155Q103	31,935	141,180	SH		DFND	2	141,180	0	0
MCKESSON CORP	COM	58155Q103	275	1,216	SH		SOLE		1,216	0	0
MEDIA GEN INC NEW	COM	58441K100	38,698	2,346,784	SH		DFND	2	2,346,784	0	0
MEDIA GEN INC NEW	COM	58441K100	74,382	4,510,728	SH		DFND	3	4,510,728	0	0
MEDTRONIC PLC	SHS	G5960L103	468	6,003	SH		DFND	1	6,003	0	0
MEDTRONIC PLC	SHS	G5960L103	27,380	351,075	SH		DFND	2	351,075	0	0
MEDTRONIC PLC	SHS	G5960L103	1,134	14,541	SH		DFND	5	14,541	0	0
MICRON TECHNOLOGY INC	COM	595112103	11,164	411,500	SH		DFND	2	411,500	0	0
MICROSOFT CORP	COM	594918104	22,767	560,000	SH		SOLE		560,000	0	0
MICROSOFT CORP	COM	594918104	29,439	724,125	SH		DFND	2	724,125	0	0
MICROSOFT CORP	COM	594918104	20,801	511,650	SH		DFND	3	511,650	0	0
MIMEDX GROUP INC	COM	602496101	9,291	893,334	SH		SOLE		893,334	0	0
MINERVA NEUROSCIENCES INC	COM	603380106	30,395	6,079,000	SH	Call	DFND	1	6,079,000	0	0
MINERVA NEUROSCIENCES INC	COM	603380106	577,508	115,501,500	SH	Call	DFND	2	115,501,500	0	0
MYLAN N V	SHS EURO	N59465109	8,683	146,300	SH		DFND	2	146,300	0	0
NANOSTRING TECHNOLOGIES INC	COM	63009R109	1,345	132,011	SH		DFND	2	132,011	0	0
NEOVASC INC	COM	64065J106	288	32,029	SH		DFND	1	32,029	0	0
NEOVASC INC	COM	64065J106	11,203	1,244,760	SH		DFND	2	1,244,760	0	0
NEOVASC INC	COM	64065J106	412	45,783	SH		DFND	5	45,783	0	0
NETAPP INC	COM	64110D104	4,264	120,250	SH		DFND	2	120,250	0	0
NETAPP INC	COM	64110D104	973	27,450	SH		DFND	3	27,450	0	0
NEUROCRINE BIOSCIENCES INC	COM	64125C109	5,162	130,000	SH		DFND	2	130,000	0	0
NEXPOINT CR STRATEGIES FD	COM	65340G106	69,469	5,708,198	SH		SOLE		5,708,198	0	0
NGL ENERGY PARTNERS LP	COM UNIT REPST	62913M107	1,215	46,340	SH		DFND	2	46,340	0	0
NORTHSTAR ASSET MGMT GROUP I	COM	66705Y104	21,947	940,330	SH		DFND	2	940,330	0	0
NORTHSTAR ASSET MGMT GROUP I	COM	66705Y104	1,299	55,660	SH		DFND	5	55,660	0	0
NORTHSTAR ASSET MGMT GROUP I	COM	66705Y104	107	4,590	SH		SOLE		4,590	0	0
NORTHSTAR RLTY FIN CORP	COM NEW	66704R704	27,118	1,496,555	SH		DFND	2	1,496,555	0	0
NORTHSTAR RLTY FIN CORP	COM NEW	66704R704	1,165	64,300	SH		DFND	5	64,300	0	0
NORTHSTAR RLTY FIN CORP	COM NEW	66704R704	199	10,965	SH		SOLE		10,965	0	0
NRG ENERGY INC	COM NEW	629377508	44,668	1,773,263	SH		DFND	3	1,773,263	0	0
NRG ENERGY INC	COM NEW	629377508	47,911	1,902,000	SH	Call	DFND	3	1,902,000	0	0
NRG ENERGY INC	COM NEW	629377508	428	17,000	SH		DFND	4	17,000	0	0
NRG ENERGY INC	COM NEW	629377508	42,652	1,693,200	SH		DFND	2	1,693,200	0	0
NRG ENERGY INC	COM NEW	629377508	26,630	1,057,162	SH		SOLE		1,057,162	0	0
NUSTAR ENERGY LP	UNIT COM	67058H102	1,380	22,739	SH		DFND	2	22,739	0	0
NUVASIVE INC	COM	670704105	357	7,758	SH		DFND	1	7,758	0	0
NUVASIVE INC	COM	670704105	21,078	458,311	SH		DFND	2	458,311	0	0
NUVASIVE INC	COM	670704105	838	18,226	SH		DFND	5	18,226	0	0
NXP SEMICONDUCTORS N V	COM	N6596X109	17,297	172,350	SH		DFND	2	172,350	0	0
NXP SEMICONDUCTORS N V	COM	N6596X109	1,271	12,660	SH		DFND	5	12,660	0	0
NXP SEMICONDUCTORS N V	COM	N6596X109	158	1,570	SH		SOLE		1,570	0	0
OCEAN RIG UDW INC	SHS	Y64354205	13,582	2,060,928	SH		DFND	3	2,060,928	0	0
OCEAN RIG UDW INC	SHS	Y64354205	42,291	6,417,509	SH		SOLE		6,417,509	0	0
OCEAN RIG UDW INC	SHS	Y64354205	18,824	2,856,405	SH		DFND	2	2,856,405	0	0
ONCOTHYREON INC	COM	682324108	1,332	817,341	SH		DFND	2	817,341	0	0
OTONOMY INC	COM	68906L105	412	11,646	SH		DFND	1	11,646	0	0
OTONOMY INC	COM	68906L105	21,350	603,789	SH		DFND	2	603,789	0	0
OTONOMY INC	COM	68906L105	951	26,906	SH		DFND	5	26,906	0	0
OUTERWALL INC	COM	690070107	5,802	87,750	SH		DFND	2	87,750	0	0
OUTERWALL INC	COM	690070107	13,224	200,000	SH	Call	DFND	2	200,000	0	0
PATTERSON COMPANIES INC	COM	703395103	24,727	506,800	SH		DFND	2	506,800	0	0
PATTERSON COMPANIES INC	COM	703395103	85,285	1,748,000	SH	Call	DFND	2	1,748,000	0	0
PENDRELL CORP	COM	70686R104	55,890	42,992,527	SH		SOLE		42,992,527	0	0
PENDRELL CORP	COM	70686R104	466	358,088	SH		DFND	2	358,088	0	0
PENDRELL CORP	COM	70686R104	2,939	2,260,529	SH		DFND	3	2,260,529	0	0
PHARMERICA CORP	COM	71714F104	506	17,941	SH		DFND	5	17,941	0	0
PHARMERICA CORP	COM	71714F104	190	6,731	SH		DFND	1	6,731	0	0
PHARMERICA CORP	COM	71714F104	8,284	293,847	SH		DFND	2	293,847	0	0
PINNACLE FOODS INC DEL	COM	72348P104	18,348	449,600	SH		DFND	2	449,600	0	0
PINNACLE FOODS INC DEL	COM	72348P104	1,083	26,530	SH		DFND	5	26,530	0	0
PIONEER NAT RES CO	COM	723787107	10,152	62,090	SH		DFND	2	62,090	0	0
PIONEER NAT RES CO	COM	723787107	1,203	7,360	SH		DFND	5	7,360	0	0
PIONEER NAT RES CO	COM	723787107	92	560	SH		SOLE		560	0	0
PLAINS ALL AMERN PIPELINE L	UNIT LTD PARTN	726503105	7,668	157,221	SH		DFND	2	157,221	0	0
PLAINS ALL AMERN PIPELINE L	UNIT LTD PARTN	726503105	73,916	1,515,600	SH	Call	DFND	2	1,515,600	0	0
PLAINS GP HLDGS L P	SHS A REP LTPN	72651A108	1,437	50,637	SH		DFND	2	50,637	0	0
PORTOLA PHARMACEUTICALS INC	COM	737010108	170	4,488	SH		DFND	5	4,488	0	0
PORTOLA PHARMACEUTICALS INC	COM	737010108	61	1,612	SH		DFND	1	1,612	0	0
PORTOLA PHARMACEUTICALS INC	COM	737010108	3,382	89,092	SH		DFND	2	89,092	0	0
POWERSHARES QQQ TRUST	UNIT SER 1	73935A104	52,800	500,000	SH	Put	DFND	2	500,000	0	0
PRECISION CASTPARTS CORP	COM	740189105	9,269	44,137	SH		DFND	2	44,137	0	0
PROQR THRAPEUTICS N V	SHS EURO	N71542109	77	3,500	SH		DFND	1	3,500	0	0
PROQR THRAPEUTICS N V	SHS EURO	N71542109	3,938	180,000	SH		DFND	2	180,000	0	0
PROSHARES TR	ULTSH NASD BIOT	74347B789	4,021	116,555	SH		DFND	3	116,555	0	0
PROSHARES TR	ULTSH NASD BIOT	74347B789	7,366	213,500	SH		SOLE		213,500	0	0
PROSHARES TR II	ULTRA GOLD	74347W601	1,485	38,945	SH		DFND	2	38,945	0	0
PROSHARES TR II	ULTRA GOLD	74347W601	1,037	27,200	SH		DFND	3	27,200	0	0
PROSHARES TR II	ULTRA SILVER NEW	74347W353	3,047	73,085	SH		DFND	2	73,085	0	0
PROSHARES TR II	ULTRA SILVER NEW	74347W353	23,119	554,553	SH		DFND	3	554,553	0	0
QUEST DIAGNOSTICS INC	COM	74834L100	6,694	87,100	SH		DFND	2	87,100	0	0
RACKSPACE HOSTING INC	COM	750086100	282	5,470	SH		SOLE		5,470	0	0
RACKSPACE HOSTING INC	COM	750086100	34,548	669,668	SH		DFND	2	669,668	0	0
RACKSPACE HOSTING INC	COM	750086100	1,780	34,510	SH		DFND	5	34,510	0	0
RAPTOR PHARMACEUTICAL CORP	COM	75382F106	1,631	150,000	SH		DFND	2	150,000	0	0
REALOGY HLDGS CORP	COM	75605Y106	9,051	199,012	SH		DFND	2	199,012	0	0
RECEPTOS INC	COM	756207106	6,101	37,000	SH		DFND	2	37,000	0	0
RELYPSA INC	COM	759531106	72	2,000	SH		DFND	1	2,000	0	0
RELYPSA INC	COM	759531106	8,583	237,957	SH		DFND	2	237,957	0	0
RELYPSA INC	COM	759531106	105	2,898	SH		DFND	5	2,898	0	0
REPROS THERAPEUTICS INC	COM NEW	76028H209	2,733	318,218	SH		DFND	2	318,218	0	0
REPROS THERAPEUTICS INC	COM NEW	76028H209	77	9,000	SH		DFND	1	9,000	0	0
ROYAL CARIBBEAN CRUISES LTD	COM	V7780T103	6,139	75,000	SH	Call	DFND	2	75,000	0	0
ROYAL CARIBBEAN CRUISES LTD	COM	V7780T103	298	3,640	SH		SOLE		3,640	0	0
ROYAL CARIBBEAN CRUISES LTD	COM	V7780T103	1,850	22,600	SH		DFND	5	22,600	0	0
ROYAL CARIBBEAN CRUISES LTD	COM	V7780T103	26,706	326,285	SH		DFND	2	326,285	0	0
RYMAN HOSPITALITY PPTYS INC	COM	78377T107	15,636	256,700	SH		DFND	2	256,700	0	0
RYMAN HOSPITALITY PPTYS INC	COM	78377T107	991	16,270	SH		DFND	5	16,270	0	0
SABRA HEALTH CARE REIT INC	COM	78573L106	89	2,691	SH		DFND	1	2,691	0	0
SABRA HEALTH CARE REIT INC	COM	78573L106	5,163	155,746	SH		DFND	2	155,746	0	0
SABRA HEALTH CARE REIT INC	COM	78573L106	245	7,380	SH		DFND	5	7,380	0	0
SAREPTA THERAPEUTICS INC	COM	803607100	87	6,577	SH		DFND	1	6,577	0	0
SAREPTA THERAPEUTICS INC	COM	803607100	2,951	222,247	SH		DFND	2	222,247	0	0
SBA COMMUNICATIONS CORP	COM	78388J106	11,140	95,132	SH		DFND	2	95,132	0	0
SEAWORLD ENTMT INC	COM	81282V100	41,275	2,140,800	SH		DFND	2	2,140,800	0	0
SEAWORLD ENTMT INC	COM	81282V100	10,107	524,217	SH		SOLE		524,217	0	0
SELECT SECTOR SPDR TR	SBI HEALTHCARE	81369Y209	91,198	1,257,900	SH	Put	DFND	2	1,257,900	0	0
SELECT SECTOR SPDR TR	SBI HEALTHCARE	81369Y209	1,494	20,600	SH	Put	DFND	1	20,600	0	0
SEMGROUP CORP	CL A	81663A105	9,092	111,778	SH		DFND	2	111,778	0	0
SERVICE CORP INTL	COM	817565104	9,917	380,707	SH		DFND	2	380,707	0	0
SERVICE CORP INTL	COM	817565104	489	18,759	SH		DFND	5	18,759	0	0
SERVICENOW INC	COM	81762P102	8,981	114,000	SH		DFND	2	114,000	0	0
SHELL MIDSTREAM PARTNERS L P	UNIT LTD INT	822634101	2,806	71,937	SH		DFND	2	71,937	0	0
SHERWIN WILLIAMS CO	COM	824348106	10,356	36,400	SH		DFND	2	36,400	0	0
SOTHEBYS	COM	835898107	19,654	465,075	SH		DFND	2	465,075	0	0
SOUTHWEST AIRLS CO	COM	844741108	15,948	360,000	SH	Call	DFND	2	360,000	0	0
SOUTHWEST AIRLS CO	COM	844741108	235	5,301	SH		SOLE		5,301	0	0
SOUTHWEST AIRLS CO	COM	844741108	1,434	32,360	SH		DFND	5	32,360	0	0
SOUTHWEST AIRLS CO	COM	844741108	20,944	472,779	SH		DFND	2	472,779	0	0
SPDR SERIES TRUST	S&P BIOTECH	78464A870	1,917	8,500	SH	Put	DFND	1	8,500	0	0
SPDR SERIES TRUST	S&P BIOTECH	78464A870	112,412	498,500	SH	Put	DFND	2	498,500	0	0
SPIRIT RLTY CAP INC NEW	COM	84860W102	9,186	760,449	SH		DFND	2	760,449	0	0
SPIRIT RLTY CAP INC NEW	COM	84860W102	13,892	1,150,027	SH		DFND	3	1,150,027	0	0
SPIRIT RLTY CAP INC NEW	COM	84860W102	27,893	2,309,020	SH		SOLE		2,309,020	0	0
STAPLES INC	COM	855030102	15,612	958,650	SH		DFND	2	958,650	0	0
STAPLES INC	COM	855030102	486	29,825	SH		DFND	3	29,825	0	0
STONEMOR PARTNERS L P	COM UNITS	86183Q100	1,541	53,483	SH		DFND	2	53,483	0	0
STREAMLINE HEALTH SOLUTIONS	COM	86323X106	902	252,782	SH		DFND	2	252,782	0	0
SURGICAL CARE AFFILIATES INC	COM	86881L106	318	9,260	SH		DFND	5	9,260	0	0
SURGICAL CARE AFFILIATES INC	COM	86881L106	113	3,285	SH		DFND	1	3,285	0	0
SURGICAL CARE AFFILIATES INC	COM	86881L106	6,946	202,323	SH		DFND	2	202,323	0	0
TARGA RES CORP	COM	87612G101	13,675	142,761	SH		DFND	2	142,761	0	0
TARGA RESOURCES PARTNERS LP	COM UNIT	87611X105	1,316	31,828	SH		DFND	2	31,828	0	0
TEAM HEALTH HOLDINGS INC	COM	87817A107	1,404	24,000	SH		DFND	2	24,000	0	0
TEAM HEALTH HOLDINGS INC	COM	87817A107	267	4,569	SH		DFND	5	4,569	0	0
TEKMIRA PHARMACEUTICALS CORP	COM NEW	87911B209	4,771	273,264	SH		DFND	2	273,264	0	0
TEKMIRA PHARMACEUTICALS CORP	COM NEW	87911B209	225	12,889	SH		DFND	5	12,889	0	0
TERADATA CORP DEL	COM	88076W103	512	11,600	SH		DFND	3	11,600	0	0
TERADATA CORP DEL	COM	88076W103	6,169	139,750	SH		DFND	2	139,750	0	0
TESORO LOGISTICS LP	COM UNIT LP	88160T107	2,710	50,367	SH		DFND	2	50,367	0	0
TIVO INC	COM	888706108	13,987	1,318,239	SH		DFND	2	1,318,239	0	0
TRANSOCEAN PARTNERS LLC	COM UNIT RP LT	Y8977Y100	1,261	102,962	SH		DFND	2	102,962	0	0
TRIBUNE MEDIA CO	CL A	896047503	1,022	16,800	SH		DFND	2	16,800	0	0
UNIVERSAL HLTH SVCS INC	CL B	913903100	2,943	25,000	SH		DFND	2	25,000	0	0
VALEANT PHARMACEUTICALS INTL	COM	91911K102	238	1,200	SH		DFND	1	1,200	0	0
VALEANT PHARMACEUTICALS INTL	COM	91911K102	50,598	254,750	SH		DFND	2	254,750	0	0
VALEANT PHARMACEUTICALS INTL	COM	91911K102	993	5,000	SH		DFND	5	5,000	0	0
VALEANT PHARMACEUTICALS INTL	COM	91911K102	240	1,210	SH		SOLE		1,210	0	0
VCA INC	COM	918194101	20,726	378,067	SH		DFND	2	378,067	0	0
VCA INC	COM	918194101	867	15,807	SH		DFND	5	15,807	0	0
VCA INC	COM	918194101	308	5,618	SH		DFND	1	5,618	0	0
VERSO CORP	COM	92531L108	88	49,043	SH		SOLE		49,043	0	0
VOYA FINL INC	COM	929089100	12,071	280,000	SH		DFND	2	280,000	0	0
WESTERN DIGITAL CORP	COM	958102105	5,522	60,675	SH		DFND	2	60,675	0	0
WESTERN GAS EQUITY PARTNERS	COMUNT LTD PT	95825R103	1,373	22,882	SH		DFND	2	22,882	0	0
WHITING PETE CORP NEW	COM	966387102	4,504	145,750	SH		DFND	2	145,750	0	0
WILLIAMS COS INC DEL	COM	969457100	10,355	204,676	SH		DFND	2	204,676	0	0
WILLIAMS COS INC DEL	COM	969457100	58,290	1,152,200	SH	Call	DFND	2	1,152,200	0	0
WILLIAMS PARTNERS L P NEW	COM UNIT LTD PAR	96949L105	1,348	27,389	SH		DFND	2	27,389	0	0
WISDOMTREE TR	EUROPE HEDGED EQ	97717X701	22,686	343,000	SH		DFND	2	343,000	0	0
WISDOMTREE TR	EUROPE HEDGED EQ	97717X701	244	3,690	SH		SOLE		3,690	0	0
ZOETIS INC	CL A	98978V103	11,336	244,900	SH		DFND	2	244,900	0	0