Linden Advisors 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
QIMONDA FI 6.75% 22Mar13	SDBCV	74732WAA7	868	5,000,000	PRN		SOLE		4,250,000	0	750,000
51JOB INC 3.25 15APR19	SDBCV	316827AC8	33,550	32,885,000	PRN		SOLE		27,785,000	0	5,100,000
51JOB INC-ADR	COM	316827104	5,958	192,030	SH		SOLE		122,555	0	69,475
ALERE INC 3% 31DEC49 SER B PFD	CVPFD	01449J204	124,657	330,514	SH		SOLE		283,623	0	46,891
ALIBABA GROUP HOLDING-SP ADR	ADR	01609W102	23,709	300,000	SH	Call	SOLE		0	0	0
ALIBABA GROUP HOLDING-SP ADR	ADR	01609W102	23,709	300,000	SH	Put	SOLE		0	0	0
ALPHABET INC-CL C	COM	02079K107	13,409	18,000	SH	Call	SOLE		0	0	0
ALPHABET INC-CL C	COM	02079K107	13,409	18,000	SH	Put	SOLE		0	0	0
AMERICAN REALTY 3% 1AUG18	SDBCV	02917TAA2	24,365	25,000,000	PRN		SOLE		21,123,000	0	3,877,000
AMERICAN REALTY 3.75 15DEC20	SDBCV	02917TAB0	16,689	17,400,000	PRN		SOLE		14,741,000	0	2,659,000
AMEX ENERGY SELECT SPDR IDX	ETF	81369Y506	30,945	500,000	SH	Call	SOLE		0	0	0
APOLLO CMMRL REAL 5.5% 15MAR19	SDBCV	03762UAA3	51,147	50,651,000	PRN		SOLE		42,573,000	0	8,078,000
APPLE INC	COM	037833100	25,068	230,000	SH	Call	SOLE		0	0	0
APPLE INC	COM	037833100	25,068	230,000	SH	Put	SOLE		0	0	0
BIOMARIN PHARMA 0.75 15OCT18	SDBCV	09061GAE1	13,354	11,517,000	PRN		SOLE		9,734,000	0	1,783,000
BIOMARIN PHARMA 1.5 15OCT20	SDBCV	09061GAF8	15,146	12,760,000	PRN		SOLE		10,782,000	0	1,978,000
CANADIAN SOLAR 4.25% 15FEB19	SDBCV	136635AE9	14,035	16,605,000	PRN		SOLE		14,046,000	0	2,559,000
CHENIERE ENERGY 4.25 15MAR45	SDBCV	16411RAG4	13,345	25,393,000	PRN		SOLE		21,545,000	0	3,848,000
COLONY FINANCIA 3.875% 15JAN21	SDBCV	19624RAB2	59,130	65,826,000	PRN		SOLE		55,673,000	0	10,153,000
COLONY FINANCIAL 5% 15APR23	SDBCV	19624RAA4	8,661	9,663,000	PRN		SOLE		7,824,000	0	1,839,000
CTRIP.COM INTER 1.25% 15OCT18	SDBCV	22943FAD2	10,883	8,453,000	PRN		SOLE		7,165,000	0	1,288,000
DHT HOLDINGS INC 4.5% 01OCT19	SDBCV	23335SAB2	2,077	2,100,000	PRN		SOLE		1,538,000	0	562,000
DOUBLE EAGLE ACQUISITION COR	COM	G28195124	7,501	750,000	SH		SOLE		635,873	0	114,127
DYCOM INDS	COM	267475101	3,415	52,800	SH		SOLE		42,834	0	9,966
ENVESTNET INC 1.75% 15DEC19	SDBCV	29404KAA4	2,082	2,399,000	PRN		SOLE		2,034,000	0	365,000
GENERAL MOTORS CO	COM	37045V100	1,571	49,965	SH		SOLE		38,499	0	11,466
GLOBAL PARTNER ACQUISITION C	COM	37954X204	4,900	500,000	SH		SOLE		382,262	0	117,738
GOGO INC	COM	38046C109	4,275	388,200	SH		SOLE		294,792	0	93,408
GORES HOLDINGS INC	COM	382866200	4,990	500,000	SH		SOLE		385,763	0	114,237
HERCULES OFFSHORE INC	COM	427093307	114	47,488	SH		SOLE		35,490	0	11,998
INCYTE CORP LTD 0.375% 15NOV18	SDBCV	45337CAM4	7,935	5,151,000	PRN		SOLE		4,356,000	0	795,000
INCYTE CORP LTD 1.25% 15NOV20	SDBCV	45337CAN2	35,092	22,232,000	PRN		SOLE		18,807,000	0	3,425,000
INVACARE CORP	COM	461203101	640	48,554	SH		SOLE		39,540	0	9,014
IPATH S&P 500 VIX S/T FU ETN	COM	06742E711	3,584	200,000	SH	Put	SOLE		0	0	0
LEXICON PHARMA 5.25 1DEC21	SDBCV	528872AB0	32,329	20,125,000	PRN		SOLE		17,066,000	0	3,059,000
LIGAND PHARMA 0.75% 15AUG19	SDBCV	53220KAD0	86,466	56,665,000	PRN		SOLE		47,898,000	0	8,767,000
LINKEDIN CORP 0.50% 01NOV19	SDBCV	53578AAB4	26,773	29,500,000	PRN		SOLE		24,942,000	0	4,558,000
MEDIDATA SOL 1% 01AUG18	SDBCV	58471AAB1	5,061	5,000,000	PRN		SOLE		4,217,000	0	783,000
MERITOR INC	COM	59001K100	794	98,488	SH		SOLE		83,321	0	15,167
MICRON TECH 1.625% 15FEB33	SDBCV	595112AU7	8,229	7,000,000	PRN		SOLE		5,930,000	0	1,070,000
MICRON TECH 2.375% 01MAY32 A	SDBCV	595112AW3	13,219	10,500,000	PRN		SOLE		8,862,000	0	1,638,000
MICRON TECH INC 2.125% 15FEB33	SDBCV	595112AV5	23,667	19,750,000	PRN		SOLE		16,627,000	0	3,123,000
MICRON TECHN 3.125% 01MAY32 A	SDBCV	595112AX1	26,508	20,745,000	PRN		SOLE		17,464,000	0	3,281,000
MICROSOFT CORP	COM	594918104	13,807	250,000	SH	Call	SOLE		0	0	0
MICROSOFT CORP	COM	594918104	13,807	250,000	SH	Put	SOLE		0	0	0
MODUSLINK GLOBAL 5.25 1MAR19	SDB	60786LAB3	3,463	5,000,000	PRN		SOLE		3,736,000	0	1,264,000
MOLINA HEALTH 1.125% 15JAN20	SDBCV	60855RAC4	24,637	14,936,000	PRN		SOLE		12,654,000	0	2,282,000
MOLINA HEALTHCAR 1.625%15AUG44	SDBCV	60855RAD2	25,507	20,250,000	PRN		SOLE		17,171,000	0	3,079,000
NATIONAL HEALTH I 3.25% 1APR21	SDBCV	63633DAE4	1,398	1,354,000	PRN		SOLE		1,143,000	0	211,000
NETSUITE INC 0.25% 01JUL18	SDBCV	64118QAB3	19,318	20,150,000	PRN		SOLE		17,038,000	0	3,112,000
NUANCE COMMU 1.5 01NOV35	SDBCV	67020YAG5	4,653	4,500,000	PRN		SOLE		3,806,000	0	694,000
ON SEMICONDUCTO 2.625% 15DEC26	SDBCV	682189AH8	1,831	1,686,000	PRN		SOLE		1,424,000	0	262,000
PACE HOLDINGS CORP	COM	G6865N103	4,893	489,840	SH		SOLE		380,758	0	109,082
PACIRA PHARMA 3.25% 1FEB19	SDBCV	695127AB6	14,564	6,582,000	PRN		SOLE		5,565,000	0	1,017,000
PROOFPOINT INC 1.25% 15DEC18	SDBCV	743424AB9	25,206	17,255,000	PRN		SOLE		14,626,000	0	2,629,000
QIHO360 TECCO LTD 0.5% 15AUG20	SDBCV	74734MAE9	11,578	11,700,000	PRN		SOLE		9,955,000	0	1,745,000
QIHOO 360 TECH CO 2.5% 15SEP18	SDBCV	74734MAB5	50,174	50,360,000	PRN		SOLE		42,816,000	0	7,544,000
QUIDEL CORP 3.25% 15DEC20	SDBCV	74838JAA9	34,443	38,464,000	PRN		SOLE		32,605,000	0	5,859,000
S&P 500 DEPOSITORY RECEIPT	COM	78462F103	61,656	300,000	SH	Call	SOLE		0	0	0
SINA CORP 1% 01DEC18	SDBCV	82922RAD5	21,523	21,906,000	PRN		SOLE		18,516,000	0	3,390,000
SPIRIT REALTY 2.875% 15MAY19	SDBCV	84860WAA0	44,034	43,987,000	PRN		SOLE		37,286,000	0	6,701,000
SPIRIT REALTY CAP 3.75 15MAY21	SDBCV	84860WAB8	7,567	7,500,000	PRN		SOLE		6,343,000	0	1,157,000
STARWOOD PROPERTY 4.55% 1MAR18	SDBCV	85571BAA3	18,597	18,500,000	PRN		SOLE		15,687,000	0	2,813,000
STARWOOD PRPRTY TR3.75 15OCT17	SDBCV	85571BAC9	50,163	50,723,000	PRN		SOLE		43,009,000	0	7,714,000
STARWOOD WAYPOINT 3% 1JUL19	SDB	85571WAB5	47,212	47,569,000	PRN		SOLE		40,276,000	0	7,293,000
STARWOOD WAYPOINT 4.5 15OCT17	SDBCV	85571WAD1	36,155	35,131,000	PRN		SOLE		29,707,000	0	5,424,000
SUNPOWER CORP .75 1JUN18	SDBCV	867652AG4	10,010	9,049,000	PRN		SOLE		7,494,000	0	1,555,000
TESARO INC 3% 01OCT21	SDBCV	881569AA5	27,807	18,895,000	PRN		SOLE		15,976,000	0	2,919,000
TETRALOGIC PHAR 8% 15JUN19	SDBCV	88165UAB5	2,139	7,500,000	PRN		SOLE		5,634,000	0	1,866,000
TRINA SOLAR LTD 3.5% 15JUN19	SDBCV	89628EAC8	35,795	38,905,000	PRN		SOLE		32,974,000	0	5,931,000
TRINA SOLAR LTD 4% 15OCT17	SDBCV	89628EAE4	19,394	21,500,000	PRN		SOLE		18,225,000	0	3,275,000
TWITTER INC 0.25% 15SEP19	SDBCV	90184LAB8	45,482	51,670,000	PRN		SOLE		43,735,000	0	7,935,000
UNISYS CORP	COM	909214306	2,724	353,700	SH		SOLE		289,421	0	64,279
VECTOR GROUP LTD 1.75% 15APR20	SDBCV	92240MBC1	46,811	42,145,000	PRN		SOLE		35,644,000	0	6,501,000
WORKDAY INC .75% 15JUL18	SDBCV	98138HAC5	23,744	20,920,000	PRN		SOLE		17,689,000	0	3,231,000
WORKDAY INC 1.5% 15JUL20	SDBCV	98138HAD3	35,439	30,000,000	PRN		SOLE		25,416,000	0	4,584,000
YAHOO INC 0% 1DEC18	SDBCV	984332AF3	170,719	172,155,000	PRN		SOLE		152,061,000	0	20,094,000
TRINA SOLAR LIMITED	COM	89628E104	2,169	218,171	SH		SOLE		0	0	218,171