Marathon Asset 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
ALLY FINL INC	COM	02005N100	9,832	424,906	SH		DFND	1	424,906	0	0
ALLY FINL INC	COM	02005N100	2,190	94,633	SH		DFND	2	94,633	0	0
ALLY FINL INC	COM	02005N100	5,281	228,227	SH		DFND	3	228,227	0	0
ALLY FINL INC	COM	02005N100	3,791	163,825	SH		DFND	4	163,825	0	0
ALLY FINL INC	COM	02005N100	2,239	96,770	SH		DFND	5	96,770	0	0
ALLY FINL INC	COM	02005N100	4,352	188,091	SH		DFND	7	188,091	0	0
ALLY FINL INC	COM	02005N100	8,191	353,987	SH		DFND	8	353,987	0	0
ALLY FINL INC	COM	02005N100	2,387	103,153	SH		DFND	9	103,153	0	0
ALLY FINL INC	COM	02005N100	22,881	988,821	SH		DFND	11	988,821	0	0
ALLY FINL INC	COM	02005N100	2,497	107,889	SH		DFND	12	107,889	0	0
ALLY FINL INC	COM	02005N100	2,218	95,841	SH		DFND	13	95,841	0	0
ALLY FINL INC	COM	02005N100	3,460	149,521	SH		SOLE		149,521	0	0
ALPHA NATURAL RESOURCES INC	NOTE 4.875%12/1	02076XAF9	618	1,047,000	SH		DFND	1	1,047,000	0	0
ALPHA NATURAL RESOURCES INC	NOTE 4.875%12/1	02076XAF9	432	732,000	SH		DFND	2	732,000	0	0
ALPHA NATURAL RESOURCES INC	NOTE 4.875%12/1	02076XAF9	974	1,650,000	SH		DFND	3	1,650,000	0	0
ALPHA NATURAL RESOURCES INC	NOTE 4.875%12/1	02076XAF9	827	1,402,000	SH		DFND	4	1,402,000	0	0
ALPHA NATURAL RESOURCES INC	NOTE 4.875%12/1	02076XAF9	293	497,000	SH		DFND	5	497,000	0	0
ALPHA NATURAL RESOURCES INC	NOTE 4.875%12/1	02076XAF9	880	1,492,000	SH		DFND	7	1,492,000	0	0
ALPHA NATURAL RESOURCES INC	NOTE 4.875%12/1	02076XAF9	1,704	2,888,000	SH		DFND	8	2,888,000	0	0
ALPHA NATURAL RESOURCES INC	NOTE 4.875%12/1	02076XAF9	411	697,000	SH		DFND	9	697,000	0	0
ALPHA NATURAL RESOURCES INC	NOTE 4.875%12/1	02076XAF9	4,574	7,752,000	SH		DFND	11	7,752,000	0	0
ALPHA NATURAL RESOURCES INC	NOTE 4.875%12/1	02076XAF9	508	861,000	SH		DFND	12	861,000	0	0
ALPHA NATURAL RESOURCES INC	NOTE 4.875%12/1	02076XAF9	418	708,000	SH		DFND	13	708,000	0	0
ALPHA NATURAL RESOURCES INC	NOTE 4.875%12/1	02076XAF9	3,702	6,274,000	SH		SOLE		6,274,000	0	0
ALPHA NATURAL RESOURCES INC	NOTE 3.750%12/1	02076XAE2	708	1,006,000	PRN		DFND	1	1,006,000	0	0
ALPHA NATURAL RESOURCES INC	NOTE 3.750%12/1	02076XAE2	244	347,000	PRN		DFND	2	347,000	0	0
ALPHA NATURAL RESOURCES INC	NOTE 3.750%12/1	02076XAE2	550	781,000	PRN		DFND	3	781,000	0	0
ALPHA NATURAL RESOURCES INC	NOTE 3.750%12/1	02076XAE2	246	349,000	PRN		DFND	5	349,000	0	0
ALPHA NATURAL RESOURCES INC	NOTE 3.750%12/1	02076XAE2	500	711,000	PRN		DFND	7	711,000	0	0
ALPHA NATURAL RESOURCES INC	NOTE 3.750%12/1	02076XAE2	952	1,353,000	PRN		DFND	8	1,353,000	0	0
ALPHA NATURAL RESOURCES INC	NOTE 3.750%12/1	02076XAE2	245	348,000	PRN		DFND	9	348,000	0	0
ALPHA NATURAL RESOURCES INC	NOTE 3.750%12/1	02076XAE2	2,541	3,610,000	PRN		DFND	11	3,610,000	0	0
ALPHA NATURAL RESOURCES INC	NOTE 3.750%12/1	02076XAE2	288	409,000	PRN		DFND	12	409,000	0	0
ALPHA NATURAL RESOURCES INC	NOTE 3.750%12/1	02076XAE2	232	330,000	PRN		DFND	13	330,000	0	0
ALPHA NATURAL RESOURCES INC	NOTE 3.750%12/1	02076XAE2	532	756,000	PRN		SOLE		756,000	0	0
ASSURED GUARANTY LTD	COM	G0585R106	4,563	205,928	SH		DFND	1	205,928	0	0
ASSURED GUARANTY LTD	COM	G0585R106	640	28,883	SH		DFND	2	28,883	0	0
ASSURED GUARANTY LTD	COM	G0585R106	1,444	65,176	SH		DFND	3	65,176	0	0
ASSURED GUARANTY LTD	COM	G0585R106	1,072	48,370	SH		DFND	4	48,370	0	0
ASSURED GUARANTY LTD	COM	G0585R106	557	25,144	SH		DFND	5	25,144	0	0
ASSURED GUARANTY LTD	COM	G0585R106	1,167	52,643	SH		DFND	7	52,643	0	0
ASSURED GUARANTY LTD	COM	G0585R106	2,437	109,982	SH		DFND	8	109,982	0	0
ASSURED GUARANTY LTD	COM	G0585R106	645	29,109	SH		DFND	9	29,109	0	0
ASSURED GUARANTY LTD	COM	G0585R106	6,475	292,179	SH		DFND	11	292,179	0	0
ASSURED GUARANTY LTD	COM	G0585R106	692	31,237	SH		DFND	12	31,237	0	0
ASSURED GUARANTY LTD	COM	G0585R106	604	27,247	SH		DFND	13	27,247	0	0
ASSURED GUARANTY LTD	COM	G0585R106	1,217	54,898	SH		SOLE		54,898	0	0
CAESARS ACQUISITION CO	CL A	12768T103	1,844	194,668	SH		DFND	1	194,668	0	0
CAESARS ACQUISITION CO	CL A	12768T103	635	67,021	SH		DFND	2	67,021	0	0
CAESARS ACQUISITION CO	CL A	12768T103	1,428	150,761	SH		DFND	3	150,761	0	0
CAESARS ACQUISITION CO	CL A	12768T103	1,163	122,788	SH		DFND	4	122,788	0	0
CAESARS ACQUISITION CO	CL A	12768T103	907	95,736	SH		DFND	5	95,736	0	0
CAESARS ACQUISITION CO	CL A	12768T103	1,330	140,495	SH		DFND	7	140,495	0	0
CAESARS ACQUISITION CO	CL A	12768T103	2,460	259,716	SH		DFND	8	259,716	0	0
CAESARS ACQUISITION CO	CL A	12768T103	650	68,629	SH		DFND	9	68,629	0	0
CAESARS ACQUISITION CO	CL A	12768T103	6,643	701,434	SH		DFND	11	701,434	0	0
CAESARS ACQUISITION CO	CL A	12768T103	751	79,316	SH		DFND	12	79,316	0	0
CAESARS ACQUISITION CO	CL A	12768T103	605	63,936	SH		DFND	13	63,936	0	0
CAESARS ACQUISITION CO	CL A	12768T103	1,533	161,911	SH		SOLE		161,911	0	0
CHENIERE ENERGY PTNRS LP HLD	COM REP LLC IN	16411W108	9,662	395,004	SH		DFND	1	395,004	0	0
CHENIERE ENERGY PTNRS LP HLD	COM REP LLC IN	16411W108	2,459	100,533	SH		DFND	2	100,533	0	0
CHENIERE ENERGY PTNRS LP HLD	COM REP LLC IN	16411W108	5,549	226,864	SH		DFND	3	226,864	0	0
CHENIERE ENERGY PTNRS LP HLD	COM REP LLC IN	16411W108	4,120	168,436	SH		DFND	4	168,436	0	0
CHENIERE ENERGY PTNRS LP HLD	COM REP LLC IN	16411W108	2,142	87,582	SH		DFND	5	87,582	0	0
CHENIERE ENERGY PTNRS LP HLD	COM REP LLC IN	16411W108	4,484	183,325	SH		DFND	7	183,325	0	0
CHENIERE ENERGY PTNRS LP HLD	COM REP LLC IN	16411W108	9,344	382,011	SH		DFND	8	382,011	0	0
CHENIERE ENERGY PTNRS LP HLD	COM REP LLC IN	16411W108	2,479	101,331	SH		DFND	9	101,331	0	0
CHENIERE ENERGY PTNRS LP HLD	COM REP LLC IN	16411W108	24,869	1,016,711	SH		DFND	11	1,016,711	0	0
CHENIERE ENERGY PTNRS LP HLD	COM REP LLC IN	16411W108	2,660	108,732	SH		DFND	12	108,732	0	0
CHENIERE ENERGY PTNRS LP HLD	COM REP LLC IN	16411W108	2,320	94,859	SH		DFND	13	94,859	0	0
CHENIERE ENERGY PTNRS LP HLD	COM REP LLC IN	16411W108	3,880	158,607	SH		SOLE		158,607	0	0
CHIMERA INVT CORP	COM	16934Q109	1,639	539,000	SH		SOLE	10	539,000	0	0
CIT GROUP INC	COM NEW	125581801	274	5,955	SH		DFND	2	5,955	0	0
CIT GROUP INC	COM NEW	125581801	618	13,456	SH		DFND	3	13,456	0	0
CIT GROUP INC	COM NEW	125581801	980	21,328	SH		DFND	4	21,328	0	0
CIT GROUP INC	COM NEW	125581801	253	5,514	SH		DFND	5	5,514	0	0
CIT GROUP INC	COM NEW	125581801	543	11,820	SH		DFND	7	11,820	0	0
CIT GROUP INC	COM NEW	125581801	1,023	22,268	SH		DFND	8	22,268	0	0
CIT GROUP INC	COM NEW	125581801	278	6,056	SH		DFND	9	6,056	0	0
CIT GROUP INC	COM NEW	125581801	3,012	65,527	SH		DFND	11	65,527	0	0
CIT GROUP INC	COM NEW	125581801	349	7,591	SH		DFND	12	7,591	0	0
CIT GROUP INC	COM NEW	125581801	258	5,613	SH		DFND	13	5,613	0	0
CIT GROUP INC	COM NEW	125581801	399	8,671	SH		SOLE		8,671	0	0
DELEK US HLDGS INC	COM	246647101	696	21,010	SH		DFND	1	21,010	0	0
DELEK US HLDGS INC	COM	246647101	613	18,523	SH		DFND	2	18,523	0	0
DELEK US HLDGS INC	COM	246647101	1,384	41,788	SH		DFND	3	41,788	0	0
DELEK US HLDGS INC	COM	246647101	729	22,023	SH		DFND	4	22,023	0	0
DELEK US HLDGS INC	COM	246647101	563	16,988	SH		DFND	5	16,988	0	0
DELEK US HLDGS INC	COM	246647101	1,116	33,690	SH		DFND	7	33,690	0	0
DELEK US HLDGS INC	COM	246647101	2,169	65,480	SH		DFND	8	65,480	0	0
DELEK US HLDGS INC	COM	246647101	620	18,713	SH		DFND	9	18,713	0	0
DELEK US HLDGS INC	COM	246647101	6,121	184,823	SH		DFND	11	184,823	0	0
DELEK US HLDGS INC	COM	246647101	664	20,053	SH		DFND	12	20,053	0	0
DELEK US HLDGS INC	COM	246647101	581	17,556	SH		DFND	13	17,556	0	0
DELEK US HLDGS INC	COM	246647101	946	28,575	SH		SOLE		28,575	0	0
DIANA SHIPPING INC	COM	Y2066G104	432	48,332	SH		DFND	1	48,332	0	0
DIANA SHIPPING INC	COM	Y2066G104	119	13,333	SH		DFND	2	13,333	0	0
DIANA SHIPPING INC	COM	Y2066G104	269	30,129	SH		DFND	3	30,129	0	0
DIANA SHIPPING INC	COM	Y2066G104	207	23,185	SH		DFND	4	23,185	0	0
DIANA SHIPPING INC	COM	Y2066G104	110	12,347	SH		DFND	5	12,347	0	0
DIANA SHIPPING INC	COM	Y2066G104	215	24,066	SH		DFND	7	24,066	0	0
DIANA SHIPPING INC	COM	Y2066G104	444	49,652	SH		DFND	8	49,652	0	0
DIANA SHIPPING INC	COM	Y2066G104	121	13,561	SH		DFND	9	13,561	0	0
DIANA SHIPPING INC	COM	Y2066G104	1,399	156,510	SH		DFND	11	156,510	0	0
DIANA SHIPPING INC	COM	Y2066G104	128	14,348	SH		DFND	12	14,348	0	0
DIANA SHIPPING INC	COM	Y2066G104	112	12,566	SH		DFND	13	12,566	0	0
DIANA SHIPPING INC	COM	Y2066G104	3,309	370,171	SH		SOLE		370,171	0	0
FOREST OIL CORP	COM PAR $0.01	346091705	518	442,857	SH		DFND	1	442,857	0	0
FOREST OIL CORP	COM PAR $0.01	346091705	174	148,462	SH		DFND	2	148,462	0	0
FOREST OIL CORP	COM PAR $0.01	346091705	390	333,738	SH		DFND	3	333,738	0	0
FOREST OIL CORP	COM PAR $0.01	346091705	318	271,549	SH		DFND	4	271,549	0	0
FOREST OIL CORP	COM PAR $0.01	346091705	139	118,809	SH		DFND	5	118,809	0	0
FOREST OIL CORP	COM PAR $0.01	346091705	352	300,793	SH		DFND	7	300,793	0	0
FOREST OIL CORP	COM PAR $0.01	346091705	674	575,888	SH		DFND	8	575,888	0	0
FOREST OIL CORP	COM PAR $0.01	346091705	176	150,459	SH		DFND	9	150,459	0	0
FOREST OIL CORP	COM PAR $0.01	346091705	1,799	1,537,905	SH		DFND	11	1,537,905	0	0
FOREST OIL CORP	COM PAR $0.01	346091705	203	173,250	SH		DFND	12	173,250	0	0
FOREST OIL CORP	COM PAR $0.01	346091705	165	141,230	SH		DFND	13	141,230	0	0
FOREST OIL CORP	COM PAR $0.01	346091705	287	244,915	SH		SOLE		244,915	0	0
GENERAL MTRS CO	COM	37045V100	5,401	169,112	SH		DFND	1	169,112	0	0
GENERAL MTRS CO	COM	37045V100	1,859	58,202	SH		DFND	2	58,202	0	0
GENERAL MTRS CO	COM	37045V100	4,195	131,343	SH		DFND	3	131,343	0	0
GENERAL MTRS CO	COM	37045V100	3,298	103,256	SH		DFND	4	103,256	0	0
GENERAL MTRS CO	COM	37045V100	1,718	53,798	SH		DFND	5	53,798	0	0
GENERAL MTRS CO	COM	37045V100	3,628	113,584	SH		DFND	7	113,584	0	0
GENERAL MTRS CO	COM	37045V100	7,014	219,612	SH		DFND	8	219,612	0	0
GENERAL MTRS CO	COM	37045V100	1,927	60,324	SH		DFND	9	60,324	0	0
GENERAL MTRS CO	COM	37045V100	18,815	589,065	SH		DFND	11	589,065	0	0
GENERAL MTRS CO	COM	37045V100	2,074	64,946	SH		DFND	12	64,946	0	0
GENERAL MTRS CO	COM	37045V100	1,756	54,980	SH		DFND	13	54,980	0	0
GENERAL MTRS CO	COM	37045V100	5,167	161,778	SH		SOLE		161,778	0	0
GENERAL MTRS CO	COM	37045V100	1,821	57,000	SH	Call	DFND	2	57,000	0	0
GENERAL MTRS CO	COM	37045V100	4,136	129,500	SH	Call	DFND	3	129,500	0	0
GENERAL MTRS CO	COM	37045V100	3,098	97,000	SH	Call	DFND	4	97,000	0	0
GENERAL MTRS CO	COM	37045V100	1,626	50,900	SH	Call	DFND	5	50,900	0	0
GENERAL MTRS CO	COM	37045V100	3,708	116,100	SH	Call	DFND	7	116,100	0	0
GENERAL MTRS CO	COM	37045V100	6,362	199,200	SH	Call	DFND	8	199,200	0	0
GENERAL MTRS CO	COM	37045V100	1,955	61,200	SH	Call	DFND	9	61,200	0	0
GENERAL MTRS CO	COM	37045V100	17,739	555,400	SH	Call	DFND	11	555,400	0	0
GENERAL MTRS CO	COM	37045V100	2,220	69,500	SH	Call	DFND	12	69,500	0	0
GENERAL MTRS CO	COM	37045V100	1,747	54,700	SH	Call	DFND	13	54,700	0	0
GENERAL MTRS CO	COM	37045V100	1,022	32,000	SH	Call	SOLE		32,000	0	0
GRUPO AVAL ACCIONES Y VALORE	SPONSORED ADS	40053W101	40	2,984	SH		DFND	3	2,984	0	0
GRUPO AVAL ACCIONES Y VALORE	SPONSORED ADS	40053W101	64	4,747	SH		DFND	8	4,747	0	0
GRUPO AVAL ACCIONES Y VALORE	SPONSORED ADS	40053W101	190	14,020	SH		DFND	11	14,020	0	0
GRUPO AVAL ACCIONES Y VALORE	SPONSORED ADS	40053W101	694	51,249	SH		SOLE		51,249	0	0
ISHARES	MSCI BRZ CAP ETF	464286400	75	1,737	SH		DFND	3	1,737	0	0
ISHARES	MSCI BRZ CAP ETF	464286400	120	2,762	SH		DFND	8	2,762	0	0
ISHARES	MSCI BRZ CAP ETF	464286400	354	8,157	SH		DFND	11	8,157	0	0
ISHARES	MSCI BRZ CAP ETF	464286400	1,623	37,344	SH		SOLE		37,344	0	0
ISHARES TR	RUSSELL 2000 ETF	464287655	109,350	1,000,000	SH	Put	SOLE	10	1,000,000	0	0
MARATHON PETE CORP	COM	56585A102	8,007	94,572	SH		DFND	1	94,572	0	0
MARATHON PETE CORP	COM	56585A102	2,168	25,608	SH		DFND	2	25,608	0	0
MARATHON PETE CORP	COM	56585A102	4,909	57,977	SH		DFND	3	57,977	0	0
MARATHON PETE CORP	COM	56585A102	3,401	40,162	SH		DFND	4	40,162	0	0
MARATHON PETE CORP	COM	56585A102	2,136	25,227	SH		DFND	5	25,227	0	0
MARATHON PETE CORP	COM	56585A102	2,552	30,140	SH		DFND	7	30,140	0	0
MARATHON PETE CORP	COM	56585A102	7,298	86,188	SH		DFND	8	86,188	0	0
MARATHON PETE CORP	COM	56585A102	2,407	28,428	SH		DFND	9	28,428	0	0
MARATHON PETE CORP	COM	56585A102	17,936	211,840	SH		DFND	11	211,840	0	0
MARATHON PETE CORP	COM	56585A102	3,175	37,500	SH		DFND	12	37,500	0	0
MARATHON PETE CORP	COM	56585A102	2,074	24,491	SH		DFND	13	24,491	0	0
MARATHON PETE CORP	COM	56585A102	3,897	46,023	SH		SOLE		46,023	0	0
MERITOR INC	COM	59001K100	24	2,205	SH		DFND	1	2,205	0	0
MERITOR INC	COM	59001K100	238	21,959	SH		DFND	2	21,959	0	0
MERITOR INC	COM	59001K100	537	49,517	SH		DFND	3	49,517	0	0
MERITOR INC	COM	59001K100	456	42,071	SH		DFND	4	42,071	0	0
MERITOR INC	COM	59001K100	162	14,911	SH		DFND	5	14,911	0	0
MERITOR INC	COM	59001K100	486	44,758	SH		DFND	7	44,758	0	0
MERITOR INC	COM	59001K100	940	86,646	SH		DFND	8	86,646	0	0
MERITOR INC	COM	59001K100	227	20,918	SH		DFND	9	20,918	0	0
MERITOR INC	COM	59001K100	2,524	232,627	SH		DFND	11	232,627	0	0
MERITOR INC	COM	59001K100	280	25,833	SH		DFND	12	25,833	0	0
MERITOR INC	COM	59001K100	231	21,250	SH		DFND	13	21,250	0	0
MERITOR INC	COM	59001K100	397	36,591	SH		SOLE		36,591	0	0
NATIONSTAR MTG HLDGS INC	COM	63861C109	909	26,552	SH		DFND	2	26,552	0	0
NATIONSTAR MTG HLDGS INC	COM	63861C109	2,059	60,123	SH		DFND	3	60,123	0	0
NATIONSTAR MTG HLDGS INC	COM	63861C109	1,455	42,501	SH		DFND	4	42,501	0	0
NATIONSTAR MTG HLDGS INC	COM	63861C109	853	24,904	SH		DFND	5	24,904	0	0
NATIONSTAR MTG HLDGS INC	COM	63861C109	1,786	52,147	SH		DFND	7	52,147	0	0
NATIONSTAR MTG HLDGS INC	COM	63861C109	2,885	84,262	SH		DFND	8	84,262	0	0
NATIONSTAR MTG HLDGS INC	COM	63861C109	964	28,147	SH		DFND	9	28,147	0	0
NATIONSTAR MTG HLDGS INC	COM	63861C109	8,499	248,218	SH		DFND	11	248,218	0	0
NATIONSTAR MTG HLDGS INC	COM	63861C109	963	28,115	SH		DFND	12	28,115	0	0
NATIONSTAR MTG HLDGS INC	COM	63861C109	875	25,553	SH		DFND	13	25,553	0	0
NATIONSTAR MTG HLDGS INC	COM	63861C109	1,549	45,235	SH		SOLE		45,235	0	0
NEW RESIDENTIAL INVT CORP	COM	64828T102	6,477	1,110,944	SH		SOLE	10	1,110,944	0	0
NMI HLDGS INC	CL A	629209305	1,645	190,200	SH		DFND	1	190,200	0	0
NMI HLDGS INC	CL A	629209305	608	70,274	SH		DFND	2	70,274	0	0
NMI HLDGS INC	CL A	629209305	1,365	157,806	SH		DFND	3	157,806	0	0
NMI HLDGS INC	CL A	629209305	1,139	131,729	SH		DFND	4	131,729	0	0
NMI HLDGS INC	CL A	629209305	465	53,762	SH		DFND	5	53,762	0	0
NMI HLDGS INC	CL A	629209305	1,268	146,583	SH		DFND	7	146,583	0	0
NMI HLDGS INC	CL A	629209305	2,371	274,064	SH		DFND	8	274,064	0	0
NMI HLDGS INC	CL A	629209305	624	72,167	SH		DFND	9	72,167	0	0
NMI HLDGS INC	CL A	629209305	6,341	733,007	SH		DFND	11	733,007	0	0
NMI HLDGS INC	CL A	629209305	725	83,771	SH		DFND	12	83,771	0	0
NMI HLDGS INC	CL A	629209305	580	67,033	SH		DFND	13	67,033	0	0
NMI HLDGS INC	CL A	629209305	958	110,763	SH		SOLE		110,763	0	0
NUCOR CORP	COM	670346105	517	9,523	SH		DFND	1	9,523	0	0
NUCOR CORP	COM	670346105	169	3,106	SH		DFND	2	3,106	0	0
NUCOR CORP	COM	670346105	380	7,006	SH		DFND	3	7,006	0	0
NUCOR CORP	COM	670346105	305	5,628	SH		DFND	4	5,628	0	0
NUCOR CORP	COM	670346105	143	2,635	SH		DFND	5	2,635	0	0
NUCOR CORP	COM	670346105	337	6,204	SH		DFND	7	6,204	0	0
NUCOR CORP	COM	670346105	643	11,842	SH		DFND	8	11,842	0	0
NUCOR CORP	COM	670346105	178	3,285	SH		DFND	9	3,285	0	0
NUCOR CORP	COM	670346105	1,739	32,040	SH		DFND	11	32,040	0	0
NUCOR CORP	COM	670346105	192	3,538	SH		DFND	12	3,538	0	0
NUCOR CORP	COM	670346105	162	2,988	SH		DFND	13	2,988	0	0
NUCOR CORP	COM	670346105	662	12,205	SH		SOLE		12,205	0	0
PENNYMAC MTG INVT TR	COM	70931T103	2,143	100,000	SH		SOLE	10	100,000	0	0
QUICKSILVER RESOURCES INC	COM	74837R104	176	292,564	SH		DFND	1	292,564	0	0
QUICKSILVER RESOURCES INC	COM	74837R104	59	97,327	SH		DFND	2	97,327	0	0
QUICKSILVER RESOURCES INC	COM	74837R104	132	219,474	SH		DFND	3	219,474	0	0
QUICKSILVER RESOURCES INC	COM	74837R104	108	179,163	SH		DFND	4	179,163	0	0
QUICKSILVER RESOURCES INC	COM	74837R104	40	66,088	SH		DFND	5	66,088	0	0
QUICKSILVER RESOURCES INC	COM	74837R104	120	198,380	SH		DFND	7	198,380	0	0
QUICKSILVER RESOURCES INC	COM	74837R104	231	384,039	SH		DFND	8	384,039	0	0
QUICKSILVER RESOURCES INC	COM	74837R104	56	92,712	SH		DFND	9	92,712	0	0
QUICKSILVER RESOURCES INC	COM	74837R104	622	1,031,055	SH		DFND	11	1,031,055	0	0
QUICKSILVER RESOURCES INC	COM	74837R104	69	114,498	SH		DFND	12	114,498	0	0
QUICKSILVER RESOURCES INC	COM	74837R104	57	94,185	SH		DFND	13	94,185	0	0
QUICKSILVER RESOURCES INC	COM	74837R104	108	178,338	SH		SOLE		178,338	0	0
SPDR S&P 500 ETF TR	TR UNIT	78462F103	5,201	26,400	SH	Call	DFND	2	26,400	0	0
SPDR S&P 500 ETF TR	TR UNIT	78462F103	11,742	59,600	SH	Call	DFND	3	59,600	0	0
SPDR S&P 500 ETF TR	TR UNIT	78462F103	9,969	50,600	SH	Call	DFND	4	50,600	0	0
SPDR S&P 500 ETF TR	TR UNIT	78462F103	3,527	17,900	SH	Call	DFND	5	17,900	0	0
SPDR S&P 500 ETF TR	TR UNIT	78462F103	10,600	53,800	SH	Call	DFND	7	53,800	0	0
SPDR S&P 500 ETF TR	TR UNIT	78462F103	20,529	104,200	SH	Call	DFND	8	104,200	0	0
SPDR S&P 500 ETF TR	TR UNIT	78462F103	4,965	25,200	SH	Call	DFND	9	25,200	0	0
SPDR S&P 500 ETF TR	TR UNIT	78462F103	55,126	279,800	SH	Call	DFND	11	279,800	0	0
SPDR S&P 500 ETF TR	TR UNIT	78462F103	6,108	31,000	SH	Call	DFND	12	31,000	0	0
SPDR S&P 500 ETF TR	TR UNIT	78462F103	5,044	25,600	SH	Call	DFND	13	25,600	0	0
SPDR S&P 500 ETF TR	TR UNIT	78462F103	3,014	15,300	SH	Call	SOLE		15,300	0	0
W & T OFFSHORE INC	COM	92922P106	399	36,318	SH		DFND	1	36,318	0	0
W & T OFFSHORE INC	COM	92922P106	107	9,703	SH		DFND	2	9,703	0	0
W & T OFFSHORE INC	COM	92922P106	241	21,897	SH		DFND	3	21,897	0	0
W & T OFFSHORE INC	COM	92922P106	176	15,963	SH		DFND	4	15,963	0	0
W & T OFFSHORE INC	COM	92922P106	99	8,969	SH		DFND	5	8,969	0	0
W & T OFFSHORE INC	COM	92922P106	192	17,471	SH		DFND	7	17,471	0	0
W & T OFFSHORE INC	COM	92922P106	403	36,609	SH		DFND	8	36,609	0	0
W & T OFFSHORE INC	COM	92922P106	107	9,704	SH		DFND	9	9,704	0	0
W & T OFFSHORE INC	COM	92922P106	1,065	96,829	SH		DFND	11	96,829	0	0
W & T OFFSHORE INC	COM	92922P106	114	10,402	SH		DFND	12	10,402	0	0
W & T OFFSHORE INC	COM	92922P106	101	9,150	SH		DFND	13	9,150	0	0
W & T OFFSHORE INC	COM	92922P106	297	26,985	SH		SOLE		26,985	0	0