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
ABBVIE INC	COM	00287Y109	1,091	15,000	SH		DFND	1	15,000	0	0
ACADIA HEALTHCARE COMPANY IN	COM	00404A109	699	20,000	SH		DFND	1	20,000	0	0
ACADIA HEALTHCARE COMPANY IN	COM	00404A109	878	25,125	SH		DFND	2	25,125	0	0
ACORDA THERAPEUTICS INC	COM	00484M106	119	15,500	SH		DFND	1	15,500	0	0
ACTIVISION BLIZZARD INC	COM	00507V109	472	10,000	SH		DFND	1	10,000	0	0
ADOBE INC	COM	00724F101	2,063	7,000	SH		DFND	1	7,000	0	0
ADVANCED MICRO DEVICES INC	COM	007903107	1,822	60,000	SH		DFND	1	60,000	0	0
AERIE PHARMACEUTICALS INC	COM	00771V108	12,245	414,381	SH		SOLE		414,381	0	0
AERIE PHARMACEUTICALS INC	COM	00771V108	2,801	94,800	SH		DFND	1	94,800	0	0
AERIE PHARMACEUTICALS INC	COM	00771V108	7,967	269,610	SH		DFND	2	269,610	0	0
AERIE PHARMACEUTICALS INC	COM	00771V108	1,330	45,000	SH	Put	DFND	1	45,000	0	0
AGILE THERAPEUTICS INC	COM	00847L100	146	100,000	SH		DFND	1	100,000	0	0
AIMMUNE THERAPEUTICS INC	COM	00900T107	506	24,300	SH		DFND	1	24,300	0	0
ALIBABA GROUP HLDG LTD	SPONSORED ADS	01609W102	3,558	21,000	SH		DFND	1	21,000	0	0
ALLY FINL INC	COM	02005N100	4,958	160,000	SH		DFND	1	160,000	0	0
ALPHABET INC	CAP STK CL A	02079K305	5,414	5,000	SH		DFND	1	5,000	0	0
ALPHABET INC	CAP STK CL A	02079K305	10,828	10,000	SH	Put	DFND	1	10,000	0	0
AMARIN CORP PLC	SPONS ADR NEW	023111206	873	45,000	SH		DFND	1	45,000	0	0
AMARIN CORP PLC	SPONS ADR NEW	023111206	1,367	70,500	SH		DFND	2	70,500	0	0
AMAZON COM INC	COM	023135106	7,006	3,700	SH		DFND	1	3,700	0	0
AMAZON COM INC	COM	023135106	7,006	3,700	SH	Put	DFND	1	3,700	0	0
AMBER RD INC	COM	02318Y108	1,061	81,244	SH		DFND	1	81,244	0	0
AMERICAN AIRLS GROUP INC	COM	02376R102	3,197	98,044	SH		DFND	2	98,044	0	0
AMERICAN AIRLS GROUP INC	COM	02376R102	3,777	115,818	SH		DFND	1	115,818	0	0
AMERICAN AIRLS GROUP INC	COM	02376R102	2,288	70,172	SH		SOLE		70,172	0	0
AMERIPRISE FINL INC	COM	03076C106	1,960	13,500	SH		DFND	1	13,500	0	0
AMETEK INC NEW	COM	031100100	2,998	33,000	SH		DFND	1	33,000	0	0
AMETEK INC NEW	COM	031100100	1,517	16,700	SH	Put	DFND	1	16,700	0	0
AMICUS THERAPEUTICS INC	COM	03152W109	1,161	93,000	SH		DFND	1	93,000	0	0
ANADARKO PETE CORP	COM	032511107	579	8,200	SH		DFND	1	8,200	0	0
ANDEAVOR LOGISTICS LP	COM UNIT LP INT	03350F106	309	8,500	SH		SOLE		8,500	0	0
ANDEAVOR LOGISTICS LP	COM UNIT LP INT	03350F106	1,977	54,408	SH		DFND	1	54,408	0	0
ANI PHARMACEUTICALS INC	COM	00182C103	584	7,100	SH		DFND	1	7,100	0	0
ANSYS INC	COM	03662Q105	1,024	5,000	SH		DFND	1	5,000	0	0
ANTHEM INC	COM	036752103	988	3,500	SH		DFND	1	3,500	0	0
AON PLC	SHS CL A	G0408V102	3,667	19,000	SH		DFND	1	19,000	0	0
AON PLC	SHS CL A	G0408V102	5,789	30,000	SH	Put	DFND	1	30,000	0	0
APPLIED MATLS INC	COM	038222105	3,692	82,200	SH		DFND	2	82,200	0	0
AQUANTIA CORP	COM	03842Q108	1,070	82,095	SH		DFND	1	82,095	0	0
ARATANA THERAPEUTICS INC	COM	03874P101	197	38,180	SH		DFND	1	38,180	0	0
ARCH COAL INC	CL A	039380407	37,755	400,751	SH		SOLE		400,751	0	0
ARCH COAL INC	CL A	039380407	0	1	SH		DFND	1	1	0	0
ARISTA NETWORKS INC	COM	040413106	493	1,900	SH		DFND	2	1,900	0	0
ASCENDIS PHARMA A S	SPONSORED ADR	04351P101	2,303	20,000	SH		DFND	1	20,000	0	0
ASHFORD HOSPITALITY TR INC	COM SHS	044103109	524	176,500	SH		DFND	1	176,500	0	0
ASTRAZENECA PLC	SPONSORED ADR	046353108	619	15,000	SH		DFND	1	15,000	0	0
ATENTO S A	SHS	L0427L105	498	200,000	SH		DFND	1	200,000	0	0
ATHENE HLDG LTD	CL A	G0684D107	2,024	47,000	SH		DFND	1	47,000	0	0
AUTODESK INC	COM	052769106	815	5,000	SH		DFND	1	5,000	0	0
AUTOMATIC DATA PROCESSING IN	COM	053015103	8,597	52,000	SH		DFND	1	52,000	0	0
AUTOZONE INC	COM	053332102	3,848	3,500	SH		DFND	1	3,500	0	0
AVAYA HLDGS CORP	COM	05351X101	28,500	2,392,982	SH		SOLE		2,392,982	0	0
AVAYA HLDGS CORP	COM	05351X101	6,971	585,293	SH		DFND	1	585,293	0	0
AVAYA HLDGS CORP	COM	05351X101	932	78,271	SH		DFND	2	78,271	0	0
AXONICS MODULATION TECH INC	COM	05465P101	819	20,000	SH		DFND	1	20,000	0	0
BANCO MACRO SA	SPON ADR B	05961W105	357	4,902	SH		SOLE		4,902	0	0
BANCO MACRO SA	SPON ADR B	05961W105	1,086	14,913	SH		DFND	1	14,913	0	0
BANCO MACRO SA	SPON ADR B	05961W105	729	10,000	SH		DFND	2	10,000	0	0
BARNES & NOBLE INC	COM	067774109	1,562	233,527	SH		DFND	1	233,527	0	0
BARNES & NOBLE INC	COM	067774109	1,970	294,500	SH		DFND	2	294,500	0	0
BBVA BANCO FRANCES S A	SPONSORED ADR	07329M100	453	40,000	SH		DFND	2	40,000	0	0
BIO RAD LABS INC	CL A	090572207	1,876	6,000	SH		DFND	1	6,000	0	0
BIO RAD LABS INC	CL A	090572207	6	20	SH		DFND	2	20	0	0
BIOMARIN PHARMACEUTICAL INC	COM	09061G101	514	6,000	SH		DFND	1	6,000	0	0
BLACK KNIGHT INC	COM	09215C105	205	3,406	SH		DFND	1	3,406	0	0
BLUEROCK RESIDENTIAL GRW REI	COM CL A	09627J102	2,746	233,732	SH		DFND	2	233,732	0	0
BRAEMAR HOTELS & RESORTS INC	5.5 CUM CV PFD B	10482B200	21,876	1,177,419	SH		DFND	1	1,177,419	0	0
BRAEMAR HOTELS & RESORTS INC	5.5 CUM CV PFD B	10482B200	5,994	322,581	SH		DFND	2	322,581	0	0
BRISTOL MYERS SQUIBB CO	COM	110122108	14,430	318,200	SH		DFND	2	318,200	0	0
BROADCOM INC	COM	11135F101	4,894	17,000	SH		DFND	1	17,000	0	0
BROOKDALE SR LIVING INC	COM	112463104	444	61,625	SH		DFND	1	61,625	0	0
BROOKDALE SR LIVING INC	COM	112463104	641	88,900	SH		DFND	2	88,900	0	0
BUCKEYE PARTNERS L P	UNIT LTD PARTN	118230101	1,314	32,000	SH		DFND	1	32,000	0	0
C&J ENERGY SVCS INC NEW	COM	12674R100	603	51,208	SH		DFND	1	51,208	0	0
CANNAE HLDGS INC	COM	13765N107	553	19,070	SH		DFND	1	19,070	0	0
CAVCO INDS INC DEL	COM	149568107	326	2,070	SH		DFND	2	2,070	0	0
CBRE GROUP INC	CL A	12504L109	2,822	55,000	SH		DFND	1	55,000	0	0
CBRE GROUP INC	CL A	12504L109	2,565	50,000	SH	Put	DFND	1	50,000	0	0
CDK GLOBAL INC	COM	12508E101	5,206	105,300	SH		DFND	1	105,300	0	0
CDK GLOBAL INC	COM	12508E101	4,669	94,433	SH		DFND	2	94,433	0	0
CDK GLOBAL INC	COM	12508E101	8,306	168,000	SH	Put	DFND	1	168,000	0	0
CDN IMPERIAL BK COMM TORONTO	COM	136069101	243	3,094	SH		DFND	1	3,094	0	0
CENTENE CORP DEL	COM	15135B101	262	5,000	SH		DFND	1	5,000	0	0
CENTRAL PUERTO S A	SPONSORED ADR	155038201	2,440	263,250	SH		DFND	1	263,250	0	0
CENTRAL PUERTO S A	SPONSORED ADR	155038201	3,038	327,750	SH		DFND	2	327,750	0	0
CENTRAL PUERTO S A	SPONSORED ADR	155038201	3,180	343,000	SH		SOLE		343,000	0	0
CHARLES RIV LABS INTL INC	COM	159864107	7	50	SH		DFND	2	50	0	0
CHARLES RIV LABS INTL INC	COM	159864107	366	2,582	SH		DFND	1	2,582	0	0
CHASERG TECHNLGY ACQUISITN C	UNIT 09/30/2023	16166A202	463	45,230	SH		DFND	1	45,230	0	0
CHOICE HOTELS INTL INC	COM	169905106	3,480	40,000	SH		DFND	1	40,000	0	0
CHURCHILL CAP CORP II	UNIT 99/99/9999	17143G205	203	20,000	SH		DFND	1	20,000	0	0
CIENA CORP	COM NEW	171779309	4,113	100,000	SH		DFND	1	100,000	0	0
CIT GROUP INC	COM NEW	125581801	260	4,950	SH		SOLE		4,950	0	0
CIT GROUP INC	COM NEW	125581801	3,365	64,050	SH		DFND	1	64,050	0	0
CIT GROUP INC	COM NEW	125581801	951	18,100	SH		DFND	2	18,100	0	0
CIT GROUP INC	COM NEW	125581801	2,627	50,000	SH	Put	DFND	1	50,000	0	0
CITIGROUP INC	COM NEW	172967424	735	10,500	SH		DFND	1	10,500	0	0
CITIGROUP INC	COM NEW	172967424	98	1,400	SH		SOLE		1,400	0	0
CITIZENS FIRST CORP	COM	17462Q107	1,307	50,900	SH		DFND	1	50,900	0	0
CLEAR CHANNEL OUTDOOR HLDGS	COM	18453H106	15	3,214	SH		SOLE		3,214	0	0
CLEAR CHANNEL OUTDOOR HLDGS	COM	18453H106	523	110,830	SH		DFND	1	110,830	0	0
CLEAR CHANNEL OUTDOOR HLDGS	COM	18453H106	590	124,986	SH		DFND	2	124,986	0	0
CLOUDERA INC	COM	18914U100	1,236	235,000	SH		DFND	1	235,000	0	0
CME GROUP INC	COM	12572Q105	2,718	14,000	SH		DFND	1	14,000	0	0
CME GROUP INC	COM	12572Q105	2,718	14,000	SH	Put	DFND	1	14,000	0	0
COHERUS BIOSCIENCES INC	COM	19249H103	2,648	119,825	SH		DFND	1	119,825	0	0
COLLEGIUM PHARMACEUTICAL INC	COM	19459J104	1,336	101,616	SH		DFND	1	101,616	0	0
COLLEGIUM PHARMACEUTICAL INC	COM	19459J104	479	36,413	SH		DFND	2	36,413	0	0
CONTINENTAL RESOURCES INC	COM	212015101	2,828	67,200	SH		DFND	2	67,200	0	0
CONTINENTAL RESOURCES INC	COM	212015101	1,936	46,000	SH		DFND	1	46,000	0	0
CONTROL4 CORP	COM	21240D107	707	29,768	SH		DFND	1	29,768	0	0
CORNERSTONE ONDEMAND INC	COM	21925Y103	319	5,500	SH		DFND	1	5,500	0	0
CORNING INC	COM	219350105	226	6,800	SH		SOLE		6,800	0	0
CORPORACION AMER ARPTS S A	COM	L1995B107	2,240	277,519	SH		SOLE		277,519	0	0
CORPORACION AMER ARPTS S A	COM	L1995B107	4,386	543,548	SH		DFND	1	543,548	0	0
CORPORACION AMER ARPTS S A	COM	L1995B107	4,789	593,403	SH		DFND	2	593,403	0	0
CRESTWOOD EQUITY PARTNERS LP	UNIT LTD PARTNER	226344208	2,331	65,168	SH		DFND	1	65,168	0	0
CRESUD S A C I F Y A	SPONSORED ADR	226406106	304	28,993	SH		DFND	2	28,993	0	0
CRYOLIFE INC	COM	228903100	2,065	69,000	SH		DFND	1	69,000	0	0
CVS HEALTH CORP	COM	126650100	327	6,000	SH		DFND	1	6,000	0	0
DIAMOND HILL INVESTMENT GROU	COM NEW	25264R207	1,701	12,000	SH		DFND	1	12,000	0	0
DIREXION SHS ETF TR	DLY FIN BULL NEW	25459Y694	3,055	41,300	SH		DFND	2	41,300	0	0
DISCOVER FINL SVCS	COM	254709108	225	2,900	SH		SOLE		2,900	0	0
DISNEY WALT CO	COM DISNEY	254687106	2,095	15,000	SH		DFND	1	15,000	0	0
DIVIDEND & INCOME FUND	COM NEW	25538A204	2,175	188,768	SH		DFND	2	188,768	0	0
DRIL QUIP INC	COM	262037104	308	6,420	SH		DFND	1	6,420	0	0
DYNAGAS LNG PARTNERS LP	COM UNIT LTD PT	Y2188B108	77	52,925	SH		DFND	1	52,925	0	0
E TRADE FINANCIAL CORP	COM NEW	269246401	3,256	73,000	SH		DFND	1	73,000	0	0
E TRADE FINANCIAL CORP	COM NEW	269246401	3,345	75,000	SH	Put	DFND	1	75,000	0	0
EBIX INC	COM NEW	278715206	859	17,100	SH		DFND	1	17,100	0	0
ELECTRONICS FOR IMAGING INC	COM	286082102	2,281	61,809	SH		DFND	1	61,809	0	0
EMCOR GROUP INC	COM	29084Q100	3,524	40,000	SH		DFND	1	40,000	0	0
ENERGY TRANSFER LP	COM UT LTD PTN	29273V100	16,122	1,145,000	SH		DFND	2	1,145,000	0	0
ENERGY TRANSFER LP	COM UT LTD PTN	29273V100	29,047	2,062,964	SH		DFND	1	2,062,964	0	0
ENLINK MIDSTREAM LLC	COM UNIT REP LTD	29336T100	1,194	118,307	SH		DFND	1	118,307	0	0
ENTERPRISE PRODS PARTNERS L	COM	293792107	4,042	140,000	SH		DFND	2	140,000	0	0
ENTERPRISE PRODS PARTNERS L	COM	293792107	13,717	475,131	SH		DFND	1	475,131	0	0
EOG RES INC	COM	26875P101	1,770	19,000	SH		DFND	1	19,000	0	0
EOG RES INC	COM	26875P101	838	9,000	SH		DFND	2	9,000	0	0
EPAM SYS INC	COM	29414B104	2,597	15,000	SH		DFND	1	15,000	0	0
EQM MIDSTREAM PARTNERS LP	UNIT LTD PARTN	26885B100	1,114	24,944	SH		DFND	1	24,944	0	0
EVOLENT HEALTH INC	CL A	30050B101	278	35,000	SH		DFND	1	35,000	0	0
EVOLUS INC	COM	30052C107	146	10,000	SH		DFND	1	10,000	0	0
EXPEDIA GROUP INC	COM NEW	30212P303	2,661	20,000	SH		DFND	1	20,000	0	0
EXPEDIA GROUP INC	COM NEW	30212P303	2,661	20,000	SH	Put	DFND	1	20,000	0	0
EXPONENT INC	COM	30214U102	2,342	40,000	SH		DFND	1	40,000	0	0
EYEPOINT PHARMACEUTICALS INC	COM	30233G100	894	545,000	SH		DFND	1	545,000	0	0
FACEBOOK INC	CL A	30303M102	7,913	41,000	SH		DFND	1	41,000	0	0
FACEBOOK INC	CL A	30303M102	5,790	30,000	SH	Put	DFND	1	30,000	0	0
FGL HLDGS	ORD SHS	G3402M102	840	100,000	SH		DFND	1	100,000	0	0
FINISAR CORP	COM NEW	31787A507	357	15,600	SH		DFND	1	15,600	0	0
FORTINET INC	COM	34959E109	219	2,850	SH		SOLE		2,850	0	0
FORTINET INC	COM	34959E109	2,603	33,875	SH		DFND	1	33,875	0	0
FORTINET INC	COM	34959E109	30,563	397,800	SH		DFND	2	397,800	0	0
FORTINET INC	COM	34959E109	2,305	30,000	SH	Put	DFND	1	30,000	0	0
GALLAGHER ARTHUR J & CO	COM	363576109	2,190	25,000	SH		DFND	1	25,000	0	0
GDS HLDGS LTD	SPONSORED ADS	36165L108	2,630	70,000	SH		DFND	1	70,000	0	0
GENESCO INC	COM	371532102	427	10,100	SH		DFND	1	10,100	0	0
GENTHERM INC	COM	37253A103	343	8,200	SH		DFND	1	8,200	0	0
GILEAD SCIENCES INC	COM	375558103	2,702	40,000	SH		DFND	1	40,000	0	0
GLOBAL BLOOD THERAPEUTICS IN	COM	37890U108	921	17,500	SH		DFND	1	17,500	0	0
GLOBAL PMTS INC	COM	37940X102	2,722	17,000	SH		DFND	1	17,000	0	0
GLOBAL PMTS INC	COM	37940X102	4,003	25,000	SH	Put	DFND	1	25,000	0	0
GLOBAL X FDS	GLB X MLP ENRG I	37950E226	832	64,300	SH		DFND	2	64,300	0	0
GORES HOLDINGS III INC	CLASS A	38286G109	1,620	161,196	SH		DFND	1	161,196	0	0
GRAY TELEVISION INC	CL A	389375205	161	10,436	SH		DFND	2	10,436	0	0
GRUPO SUPERVIELLE S A	SPONSORED ADR	40054A108	4,218	535,258	SH		SOLE		535,258	0	0
GRUPO SUPERVIELLE S A	SPONSORED ADR	40054A108	1,488	188,858	SH		DFND	1	188,858	0	0
GRUPO SUPERVIELLE S A	SPONSORED ADR	40054A108	553	70,240	SH		DFND	2	70,240	0	0
HAYMAKER ACQUISITION CORP II	UNIT 10/31/2026	42087L200	592	58,000	SH		DFND	1	58,000	0	0
HENNESSY CAP ACQUSTION CORP	CL A COM	42589C104	273	27,602	SH		DFND	1	27,602	0	0
HERON THERAPEUTICS INC	COM	427746102	10,947	588,858	SH		DFND	2	588,858	0	0
HERON THERAPEUTICS INC	COM	427746102	7,743	416,534	SH		DFND	1	416,534	0	0
HERON THERAPEUTICS INC	COM	427746102	11,183	601,550	SH		SOLE		601,550	0	0
HFF INC	CL A	40418F108	1,620	35,622	SH		DFND	1	35,622	0	0
HIGHLAND GLOBAL ALLOCATION F	COM	43010T104	1,737	154,524	SH		SOLE		154,524	0	0
HIGHLAND GLOBAL ALLOCATION F	COM	43010T104	1,766	157,084	SH		DFND	1	157,084	0	0
HIGHLAND INCOME FUND	HIGHLAND INCOME	43010E404	900	64,998	SH		SOLE		64,998	0	0
HILTON WORLDWIDE HLDGS INC	COM	43300A203	2,444	25,000	SH		DFND	1	25,000	0	0
HOLOGIC INC	COM	436440101	1,201	25,000	SH		DFND	1	25,000	0	0
HOPFED BANCORP INC	COM	439734104	1,198	63,172	SH		DFND	1	63,172	0	0
HUMANA INC	COM	444859102	1,327	5,000	SH		DFND	1	5,000	0	0
HUMANA INC	COM	444859102	7	25	SH		DFND	2	25	0	0
HUNT J B TRANS SVCS INC	COM	445658107	2,742	30,000	SH	Call	DFND	1	30,000	0	0
INDEPENDENCE RLTY TR INC	COM	45378A106	1,884	162,800	SH		DFND	1	162,800	0	0
INDEPENDENCE RLTY TR INC	COM	45378A106	3,398	293,727	SH		DFND	2	293,727	0	0
INPHI CORP	COM	45772F107	3,006	60,000	SH		DFND	1	60,000	0	0
INSMED INC	COM PAR $.01	457669307	768	30,000	SH		DFND	1	30,000	0	0
INTEL CORP	COM	458140100	3,542	74,000	SH		DFND	2	74,000	0	0
INTERMOLECULAR INC	COM	45882D109	23	19,700	SH		DFND	1	19,700	0	0
INTERNATIONAL FLAVORS&FRAGRA	COM	459506101	3,047	21,000	SH		DFND	1	21,000	0	0
INTUIT	COM	461202103	2,091	8,000	SH		DFND	1	8,000	0	0
INTUITIVE SURGICAL INC	COM NEW	46120E602	2,623	5,000	SH		DFND	1	5,000	0	0
INTUITIVE SURGICAL INC	COM NEW	46120E602	2,623	5,000	SH	Put	DFND	1	5,000	0	0
INVESCO QQQ TR	UNIT SER 1	46090E103	7,470	40,000	SH	Put	DFND	1	40,000	0	0
IQVIA HLDGS INC	COM	46266C105	2,414	15,000	SH		DFND	1	15,000	0	0
ISHARES TR	RUSSELL 2000 ETF	464287655	9,330	60,000	SH	Put	DFND	1	60,000	0	0
ITAU UNIBANCO HLDG SA	SPON ADR REP PFD	465562106	1,083	115,000	SH		DFND	1	115,000	0	0
JERNIGAN CAP INC	COM	476405105	4,251	207,379	SH		DFND	1	207,379	0	0
JERNIGAN CAP INC	COM	476405105	1,292	63,000	SH		DFND	2	63,000	0	0
JETBLUE AWYS CORP	COM	477143101	1,886	102,000	SH		DFND	1	102,000	0	0
K12 INC	COM	48273U102	7,031	231,215	SH		DFND	1	231,215	0	0
K12 INC	COM	48273U102	107	3,532	SH		DFND	2	3,532	0	0
KANSAS CITY SOUTHERN	COM NEW	485170302	2,436	20,000	SH		DFND	1	20,000	0	0
KINDER MORGAN INC DEL	COM	49456B101	3,404	163,004	SH		DFND	1	163,004	0	0
L3 TECHNOLOGIES INC	COM	502413107	2,047	8,350	SH		DFND	1	8,350	0	0
LA JOLLA PHARMACEUTICAL CO	COM PAR $.0001 2	503459604	635	68,700	SH		SOLE		68,700	0	0
LABORATORY CORP AMER HLDGS	COM NEW	50540R409	2,766	16,000	SH		DFND	1	16,000	0	0
LAM RESEARCH CORP	COM	512807108	1,878	10,000	SH		DFND	1	10,000	0	0
LANDCADIA HLDGS II INC	UNIT 05/09/2026	51476X204	150	15,000	SH		DFND	1	15,000	0	0
LAUDER ESTEE COS INC	CL A	518439104	1,831	10,000	SH		DFND	1	10,000	0	0
LF CAP ACQUISITION CORP	CL A	50200K108	107	10,554	SH		DFND	1	10,554	0	0
LHC GROUP INC	COM	50187A107	481	4,025	SH		DFND	1	4,025	0	0
LHC GROUP INC	COM	50187A107	8	65	SH		DFND	2	65	0	0
LIBERTY EXPEDIA HLDGS INC	SER A COM	53046P109	1,481	31,000	SH		DFND	1	31,000	0	0
LINDE PLC	SHS	G5494J103	1,205	6,000	SH		DFND	1	6,000	0	0
LOMA NEGRA CORP	SPONSORED ADS	54150E104	304	26,000	SH		SOLE		26,000	0	0
LOMA NEGRA CORP	SPONSORED ADS	54150E104	305	26,100	SH		DFND	1	26,100	0	0
LOMA NEGRA CORP	SPONSORED ADS	54150E104	3,187	272,400	SH		DFND	2	272,400	0	0
LORAL SPACE & COMMUNICATNS I	COM	543881106	65,345	1,893,519	SH		SOLE		1,893,519	0	0
LORAL SPACE & COMMUNICATNS I	COM	543881106	474	13,722	SH		DFND	2	13,722	0	0
LORAL SPACE & COMMUNICATNS I	COM	543881106	4,484	129,945	SH		DFND	1	129,945	0	0
LUMENTUM HLDGS INC	COM	55024U109	2,136	40,000	SH		DFND	1	40,000	0	0
M & T BK CORP	COM	55261F104	3,061	18,000	SH		DFND	1	18,000	0	0
MACERICH CO	COM	554382101	850	25,380	SH		DFND	1	25,380	0	0
MAGELLAN MIDSTREAM PRTNRS LP	COM UNIT RP LP	559080106	422	6,590	SH		DFND	1	6,590	0	0
MARVELL TECHNOLOGY GROUP LTD	ORD	G5876H105	2,578	108,000	SH		DFND	1	108,000	0	0
MARVELL TECHNOLOGY GROUP LTD	ORD	G5876H105	2,387	100,000	SH	Put	DFND	1	100,000	0	0
MATSON INC	COM	57686G105	200	5,160	SH		DFND	1	5,160	0	0
MBT FINL CORP	COM	578877102	1,182	117,954	SH		DFND	1	117,954	0	0
MCKESSON CORP	COM	58155Q103	538	4,000	SH		DFND	1	4,000	0	0
MEDLEY CAP CORP	COM	58503F106	0	100	SH		SOLE		100	0	0
MEDLEY CAP CORP	COM	58503F106	784	335,000	SH		DFND	1	335,000	0	0
MEDNAX INC	COM	58502B106	208	8,245	SH		DFND	1	8,245	0	0
MERCADOLIBRE INC	COM	58733R102	11,360	18,569	SH		DFND	1	18,569	0	0
MICRON TECHNOLOGY INC	COM	595112103	772	20,000	SH		DFND	1	20,000	0	0
MICROSOFT CORP	COM	594918104	6,296	47,000	SH		DFND	1	47,000	0	0
MICROSOFT CORP	COM	594918104	4,957	37,000	SH	Put	DFND	1	37,000	0	0
MINERVA NEUROSCIENCES INC	COM	603380106	342	60,790	SH		SOLE		60,790	0	0
MINERVA NEUROSCIENCES INC	COM	603380106	4,509	800,930	SH		DFND	1	800,930	0	0
MOHAWK INDS INC	COM	608190104	737	5,000	SH		DFND	1	5,000	0	0
MOLINA HEALTHCARE INC	COM	60855R100	1,048	7,320	SH		DFND	1	7,320	0	0
MOLINA HEALTHCARE INC	COM	60855R100	6	43	SH		DFND	2	43	0	0
MOTOROLA SOLUTIONS INC	COM NEW	620076307	1,667	10,000	SH		DFND	1	10,000	0	0
MPLX LP	COM UNIT REP LTD	55336V100	14,812	460,154	SH		DFND	1	460,154	0	0
MUSTANG BIO INC	COM	62818Q104	1,288	350,000	SH		DFND	1	350,000	0	0
NETFLIX INC	COM	64110L106	3,490	9,500	SH		DFND	1	9,500	0	0
NETFLIX INC	COM	64110L106	3,306	9,000	SH	Put	DFND	1	9,000	0	0
NEXPOINT RESIDENTIAL TR INC	COM	65341D102	101,076	2,441,435	SH		SOLE		2,441,435	0	0
NEXPOINT RESIDENTIAL TR INC	COM	65341D102	4,941	119,340	SH		DFND	1	119,340	0	0
NEXPOINT RESIDENTIAL TR INC	COM	65341D102	5,906	142,651	SH		DFND	2	142,651	0	0
NEXPOINT STRATEGIC OPORTUNT	COM NEW	65340G205	31,866	1,684,221	SH		SOLE		1,684,221	0	0
NEXPOINT STRATEGIC OPORTUNT	COM NEW	65340G205	31,361	1,657,577	SH		DFND	1	1,657,577	0	0
NEXPOINT STRATEGIC OPORTUNT	COM NEW	65340G205	2,282	120,633	SH		DFND	2	120,633	0	0
NEXTDECADE CORP	COM	65342K105	190	30,000	SH		DFND	1	30,000	0	0
NEXTDECADE CORP	COM	65342K105	9,817	1,553,365	SH		DFND	2	1,553,365	0	0
NGL ENERGY PARTNERS LP	COM UNIT REPST	62913M107	1,638	110,920	SH		DFND	1	110,920	0	0
NRG ENERGY INC	COM NEW	629377508	30	862	SH		SOLE		862	0	0
NRG ENERGY INC	COM NEW	629377508	232	6,600	SH		DFND	1	6,600	0	0
NXP SEMICONDUCTORS N V	COM	N6596X109	1,874	19,200	SH		DFND	2	19,200	0	0
OAKTREE CAP GROUP LLC	UNIT CL A	674001201	1,651	33,322	SH		DFND	1	33,322	0	0
OAKTREE SPECIALTY LENDING CO	COM	67401P108	310	57,120	SH		DFND	1	57,120	0	0
OIL STS INTL INC	COM	678026105	195	10,650	SH		DFND	1	10,650	0	0
OMNICOM GROUP INC	COM	681919106	3,278	40,000	SH		DFND	1	40,000	0	0
ONEOK INC NEW	COM	682680103	3,441	50,000	SH		DFND	1	50,000	0	0
ORACLE CORP	COM	68389X105	2,279	40,000	SH		DFND	1	40,000	0	0
ORMAT TECHNOLOGIES INC	COM	686688102	2,219	35,000	SH		DFND	1	35,000	0	0
OXFORD INDS INC	COM	691497309	455	6,000	SH		DFND	1	6,000	0	0
PACIRA BIOSCIENCES	COM	695127100	707	16,250	SH		DFND	1	16,250	0	0
PALO ALTO NETWORKS INC	COM	697435105	2,038	10,000	SH		DFND	1	10,000	0	0
PAMPA ENERGIA S A	SPONS ADR LVL I	697660207	4,806	138,630	SH		SOLE		138,630	0	0
PAMPA ENERGIA S A	SPONS ADR LVL I	697660207	4,316	124,500	SH		DFND	1	124,500	0	0
PAMPA ENERGIA S A	SPONS ADR LVL I	697660207	4,793	138,250	SH		DFND	2	138,250	0	0
PARATEK PHARMACEUTICALS INC	COM	699374302	3,858	966,865	SH		SOLE		966,865	0	0
PARATEK PHARMACEUTICALS INC	COM	699374302	544	136,278	SH		DFND	1	136,278	0	0
PARATEK PHARMACEUTICALS INC	COM	699374302	203	50,850	SH		DFND	2	50,850	0	0
PATTERSON COMPANIES INC	COM	703395103	232	10,150	SH		SOLE		10,150	0	0
PATTERSON COMPANIES INC	COM	703395103	8,419	367,635	SH		DFND	1	367,635	0	0
PATTERSON COMPANIES INC	COM	703395103	467	20,400	SH		DFND	2	20,400	0	0
PETROLEO BRASILEIRO SA PETRO	SPONSORED ADR	71654V408	1,814	116,500	SH		DFND	2	116,500	0	0
PG&E CORP	COM	69331C108	6,745	294,300	SH		DFND	1	294,300	0	0
PG&E CORP	COM	69331C108	5,430	236,900	SH		DFND	2	236,900	0	0
PIONEER NAT RES CO	COM	723787107	26,741	173,800	SH		DFND	2	173,800	0	0
PIONEER NAT RES CO	COM	723787107	3,231	21,000	SH		DFND	1	21,000	0	0
PLAINS ALL AMERN PIPELINE L	UNIT LTD PARTN	726503105	665	27,291	SH		DFND	1	27,291	0	0
PLAINS GP HLDGS L P	LTD PARTNR INT A	72651A207	2,609	104,496	SH		DFND	1	104,496	0	0
POOL CORPORATION	COM	73278L105	2,865	15,000	SH		DFND	1	15,000	0	0
PORTOLA PHARMACEUTICALS INC	COM	737010108	21,677	799,000	SH		SOLE		799,000	0	0
PORTOLA PHARMACEUTICALS INC	COM	737010108	6,526	240,550	SH		DFND	1	240,550	0	0
PORTOLA PHARMACEUTICALS INC	COM	737010108	15,015	553,429	SH		DFND	2	553,429	0	0
PORTOLA PHARMACEUTICALS INC	COM	737010108	2,170	80,000	SH	Put	DFND	1	80,000	0	0
POSTAL REALTY TRUST INC	CL A	73757R102	5,625	357,117	SH		DFND	2	357,117	0	0
PRA HEALTH SCIENCES INC	COM	69354M108	422	4,255	SH		DFND	1	4,255	0	0
PRA HEALTH SCIENCES INC	COM	69354M108	147	1,480	SH		SOLE		1,480	0	0
PRECISION BIOSCIENCES INC	COM	74019P108	861	65,000	SH		DFND	1	65,000	0	0
PROGENICS PHARMACEUTICALS IN	COM	743187106	4,423	716,880	SH		SOLE		716,880	0	0
PROGRESSIVE CORP OHIO	COM	743315103	2,398	30,000	SH		DFND	1	30,000	0	0
QUAKER CHEM CORP	COM	747316107	447	2,205	SH		DFND	1	2,205	0	0
QUALCOMM INC	COM	747525103	289	3,800	SH		DFND	1	3,800	0	0
QUORUM HEALTH CORP	COM	74909E106	78	56,009	SH		DFND	1	56,009	0	0
QUORUM HEALTH CORP	COM	74909E106	564	405,514	SH		DFND	2	405,514	0	0
RAYMOND JAMES FINANCIAL INC	COM	754730109	324	3,835	SH		DFND	1	3,835	0	0
RAYTHEON CO	COM NEW	755111507	4,851	27,900	SH		DFND	2	27,900	0	0
RESOURCES CONNECTION INC	COM	76122Q105	320	20,000	SH		DFND	1	20,000	0	0
RLJ LODGING TR	COM	74965L101	254	14,300	SH		DFND	1	14,300	0	0
ROPER TECHNOLOGIES INC	COM	776696106	6,593	18,000	SH		DFND	1	18,000	0	0
ROPER TECHNOLOGIES INC	COM	776696106	10,988	30,000	SH	Put	DFND	1	30,000	0	0
S&P GLOBAL INC	COM	78409V104	3,417	15,000	SH	Put	DFND	1	15,000	0	0
S&P GLOBAL INC	COM	78409V104	2,733	12,000	SH		DFND	1	12,000	0	0
SALESFORCE COM INC	COM	79466L302	3,945	26,000	SH		DFND	1	26,000	0	0
SALESFORCE COM INC	COM	79466L302	4,552	30,000	SH	Put	DFND	1	30,000	0	0
SBA COMMUNICATIONS CORP NEW	CL A	78410G104	1,574	7,000	SH		DFND	1	7,000	0	0
SBA COMMUNICATIONS CORP NEW	CL A	78410G104	3,373	15,000	SH	Put	DFND	1	15,000	0	0
SCIENCE APPLICATNS INTL CP N	COM	808625107	584	6,750	SH		DFND	1	6,750	0	0
SEMGROUP CORP	CL A	81663A105	2,084	173,630	SH		DFND	1	173,630	0	0
SENSIENT TECHNOLOGIES CORP	COM	81725T100	485	6,600	SH		DFND	1	6,600	0	0
SERVICENOW INC	COM	81762P102	1,373	5,000	SH		DFND	1	5,000	0	0
SHELL MIDSTREAM PARTNERS L P	UNIT LTD INT	822634101	249	12,000	SH		DFND	1	12,000	0	0
SILK ROAD MEDICAL INC	COM	82710M100	242	5,000	SH		DFND	1	5,000	0	0
SINCLAIR BROADCAST GROUP INC	CL A	829226109	819	15,275	SH		DFND	1	15,275	0	0
SINCLAIR BROADCAST GROUP INC	CL A	829226109	684	12,750	SH		DFND	2	12,750	0	0
SKYLINE CHAMPION CORPORATION	COM	830830105	15,977	583,527	SH		SOLE		583,527	0	0
SM ENERGY CO	COM	78454L100	199	15,920	SH		DFND	1	15,920	0	0
SPARTANNASH CO	COM	847215100	215	18,400	SH		DFND	1	18,400	0	0
SPDR GOLD TRUST	GOLD SHS	78463V107	1,998	15,000	SH		DFND	1	15,000	0	0
SPDR GOLD TRUST	GOLD SHS	78463V107	133,200	1,000,000	SH	Call	DFND	1	1,000,000	0	0
SPDR S&P 500 ETF TR	TR UNIT	78462F103	14,650	50,000	SH	Put	DFND	1	50,000	0	0
SPDR SERIES TRUST	S&P BIOTECH	78464A870	3,508	40,000	SH	Put	DFND	1	40,000	0	0
SPIRIT MTA REIT	COM SHS BEN IN	84861U105	86	10,266	SH		DFND	1	10,266	0	0
SPIRIT MTA REIT	COM SHS BEN IN	84861U105	1,020	122,267	SH		SOLE		122,267	0	0
SPIRIT RLTY CAP INC NEW	COM NEW	84860W300	10,432	244,536	SH		SOLE		244,536	0	0
SPIRIT RLTY CAP INC NEW	COM NEW	84860W300	557	13,050	SH		DFND	1	13,050	0	0
SS&C TECHNOLOGIES HLDGS INC	COM	78467J100	732	12,700	SH		DFND	1	12,700	0	0
STEWARDSHIP FINL CORP	COM	860326107	1,074	69,462	SH		DFND	1	69,462	0	0
SUBURBAN PROPANE PARTNERS L	UNIT LTD PARTN	864482104	487	20,036	SH		DFND	1	20,036	0	0
SUMMIT HOTEL PPTYS INC	COM	866082100	719	62,680	SH		DFND	2	62,680	0	0
SUNCOKE ENERGY INC	COM	86722A103	1,179	132,716	SH		DFND	1	132,716	0	0
SUNOCO LP	COM UT REP LP	86765K109	603	19,285	SH		DFND	1	19,285	0	0
SURGERY PARTNERS INC	COM	86881A100	7,205	885,104	SH		SOLE		885,104	0	0
SURGERY PARTNERS INC	COM	86881A100	3,005	369,200	SH		DFND	1	369,200	0	0
TABLEAU SOFTWARE INC	CL A	87336U105	1,693	10,200	SH		DFND	1	10,200	0	0
TAKE-TWO INTERACTIVE SOFTWAR	COM	874054109	1,135	10,000	SH		DFND	1	10,000	0	0
TARGA RES CORP	COM	87612G101	6,068	154,569	SH		DFND	1	154,569	0	0
TCF FINL CORP	COM	872275102	1,691	81,343	SH		DFND	1	81,343	0	0
TELEDYNE TECHNOLOGIES INC	COM	879360105	383	1,400	SH		DFND	1	1,400	0	0
TERADATA CORP DEL	COM	88076W103	251	6,990	SH		DFND	1	6,990	0	0
TG THERAPEUTICS INC	COM	88322Q108	1,631	188,500	SH		SOLE		188,500	0	0
TG THERAPEUTICS INC	COM	88322Q108	3,937	455,100	SH		DFND	1	455,100	0	0
TG THERAPEUTICS INC	COM	88322Q108	1,823	210,760	SH		DFND	2	210,760	0	0
THE CHARLES SCHWAB CORPORATI	COM	808513105	1,005	25,000	SH		DFND	1	25,000	0	0
TIBERIUS ACQUISITION CORP	COM	88633A107	340	33,299	SH		DFND	1	33,299	0	0
TOTAL SYS SVCS INC	COM	891906109	1,232	9,602	SH		DFND	1	9,602	0	0
TRACTOR SUPPLY CO	COM	892356106	3,612	33,195	SH		DFND	1	33,195	0	0
TRANSPORTADORA DE GAS SUR	SPONSORED ADS B	893870204	706	48,845	SH		DFND	1	48,845	0	0
TRANSPORTADORA DE GAS SUR	SPONSORED ADS B	893870204	918	63,500	SH		DFND	2	63,500	0	0
TRANSPORTADORA DE GAS SUR	SPONSORED ADS B	893870204	2,623	181,373	SH		SOLE		181,373	0	0
TREMONT MTG TR	COM	894789106	178	43,100	SH		DFND	2	43,100	0	0
TRINE ACQUISITION CORP	UNIT 03/31/2021	89628U207	206	20,411	SH		DFND	1	20,411	0	0
ULTRAGENYX PHARMACEUTICAL IN	COM	90400D108	880	13,855	SH		DFND	1	13,855	0	0
UNDER ARMOUR INC	CL A	904311107	1,141	45,000	SH		DFND	1	45,000	0	0
UNDER ARMOUR INC	CL C	904311206	2,220	100,000	SH		DFND	1	100,000	0	0
UNITED RENTALS INC	COM	911363109	2,122	16,000	SH		DFND	1	16,000	0	0
UNITED STATES STL CORP NEW	COM	912909108	3,365	219,800	SH		DFND	1	219,800	0	0
UNITI GROUP INC	COM	91325V108	475	50,000	SH	Call	DFND	2	50,000	0	0
VALLEY NATL BANCORP	COM	919794107	155	14,400	SH		DFND	1	14,400	0	0
VECTOIQ ACQUISITION CORP	COM	92243N103	577	57,000	SH		DFND	1	57,000	0	0
VENATOR MATLS PLC	SHS	G9329Z100	134	25,250	SH		DFND	2	25,250	0	0
VERSO CORP	CL A	92531L207	688	36,114	SH		SOLE		36,114	0	0
VIKING THERAPEUTICS INC	COM	92686J106	851	102,492	SH		SOLE		102,492	0	0
VISA INC	COM CL A	92826C839	8,955	51,600	SH		DFND	1	51,600	0	0
VISA INC	COM CL A	92826C839	7,810	45,000	SH	Put	DFND	1	45,000	0	0
VISTRA ENERGY CORP	COM	92840M102	70,507	3,114,255	SH		SOLE		3,114,255	0	0
VISTRA ENERGY CORP	COM	92840M102	90,505	3,997,575	SH		DFND	1	3,997,575	0	0
VISTRA ENERGY CORP	COM	92840M102	20,360	899,300	SH		DFND	2	899,300	0	0
VOYA FINL INC	COM	929089100	2,765	50,000	SH		DFND	1	50,000	0	0
VULCAN MATLS CO	COM	929160109	4,394	32,000	SH		DFND	1	32,000	0	0
VULCAN MATLS CO	COM	929160109	13,731	100,000	SH	Put	DFND	1	100,000	0	0
WARRIOR MET COAL INC	COM	93627C101	4,067	155,706	SH		SOLE		155,706	0	0
WESTERN ALLIANCE BANCORP	COM	957638109	2,236	50,000	SH	Put	DFND	1	50,000	0	0
WESTERN ALLIANCE BANCORP	COM	957638109	3,220	72,000	SH		DFND	1	72,000	0	0
WESTERN MIDSTREAM PARTNERS L	COM UNIT LP INT	958669103	10,951	355,913	SH		DFND	1	355,913	0	0
WILLIAMS COS INC DEL	COM	969457100	866	30,885	SH		DFND	2	30,885	0	0
WILLIAMS COS INC DEL	COM	969457100	20,797	741,691	SH		DFND	1	741,691	0	0
WILLIS TOWERS WATSON PUB LTD	SHS	G96629103	1,915	10,000	SH		DFND	1	10,000	0	0
WORLDPAY INC	CL A	981558109	1,464	11,950	SH		DFND	1	11,950	0	0
XEROX CORP	COM NEW	984121608	1,062	30,000	SH		DFND	1	30,000	0	0
XYLEM INC	COM	98419M100	1,255	15,000	SH		DFND	1	15,000	0	0
YPF SOCIEDAD ANONIMA	SPON ADR CL D	984245100	4,148	227,800	SH		SOLE		227,800	0	0
YPF SOCIEDAD ANONIMA	SPON ADR CL D	984245100	2,910	159,800	SH		DFND	2	159,800	0	0
ZAYO GROUP HLDGS INC	COM	98919V105	1,040	31,595	SH		DFND	2	31,595	0	0
ZIMMER BIOMET HLDGS INC	COM	98956P102	471	4,000	SH		DFND	1	4,000	0	0
ZOETIS INC	CL A	98978V103	3,405	30,000	SH		DFND	1	30,000	0	0
ZOGENIX INC	COM NEW	98978L204	478	10,000	SH		DFND	1	10,000	0	0