Trellus 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
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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
ACADIA HEALTHCARE COMPANY IN	COM	00404A109	743	15,000	SH		SOLE		15,000	0	0
ADVANCED MICRO DEVICES INC	COM	007903107	691	100,000	SH		SOLE		100,000	0	0
AIR METHODS CORP	COM PAR $.06	009128307	394	12,500	SH		SOLE		12,500	0	0
ALIBABA GROUP HLDG LTD	SPONSORED ADS	01609W102	529	5,000	SH		SOLE		5,000	0	0
AMERICAN TOWER CORP NEW	COM	03027X100	1,700	15,000	SH		SOLE		15,000	0	0
AMERICAN WTR WKS CO INC NEW	COM	030420103	3,862	51,600	SH		SOLE		51,600	0	0
AVID TECHNOLOGY INC	COM	05367P100	413	52,000	SH		SOLE		52,000	0	0
AXOGEN INC	COM	05463X106	171	18,906	SH		SOLE		18,906	0	0
BALL CORP	COM	058498106	820	10,000	SH		SOLE		10,000	0	0
BIOLASE INC	COM	090911108	112	64,201	SH		SOLE		64,201	0	0
BLACKROCK INC	COM	09247X101	725	2,000	SH		SOLE		2,000	0	0
BOINGO WIRELESS INC	COM	09739C102	370	36,016	SH		SOLE		36,016	0	0
CALAMP CORP	COM	128126109	209	15,000	SH		SOLE		15,000	0	0
CALPINE CORP	COM NEW	131347304	190	15,000	SH		SOLE		15,000	0	0
CATCHMARK TIMBER TR INC	CL A	14912Y202	134	11,500	SH		SOLE		11,500	0	0
CORRECTIONS CORP AMER NEW	COM NEW	22025Y407	555	40,000	SH		SOLE		40,000	0	0
COTT CORP QUE	COM	22163N106	784	55,000	SH		SOLE		55,000	0	0
CREDIT ACCEP CORP MICH	COM	225310101	767	3,814	SH		SOLE		3,814	0	0
CSX CORP	COM	126408103	915	30,000	SH	Put	SOLE		30,000	0	0
CYPRESS ENERGY PARTNERS LP	LTD PARTNER INT	232751107	603	61,648	SH		SOLE		61,648	0	0
CYPRESS SEMICONDUCTOR CORP	COM	232806109	681	56,000	SH		SOLE		56,000	0	0
DERMA SCIENCES INC	COM PAR $.01	249827502	70	15,000	SH		SOLE		15,000	0	0
DIGITAL TURBINE INC	COM NEW	25400W102	406	386,895	SH		SOLE		386,895	0	0
EDWARDS LIFESCIENCES CORP	COM	28176E108	928	7,700	SH		SOLE		7,700	0	0
ENTERPRISE PRODS PARTNERS L	COM	293792107	1,243	45,000	SH		SOLE		45,000	0	0
FARMLAND PARTNERS INC	COM	31154R109	755	67,424	SH		SOLE		67,424	0	0
FIREEYE INC	COM	31816Q101	3,338	226,638	SH		SOLE		226,638	0	0
FIRST DATA CORP NEW	COM CL A	32008D106	395	30,000	SH		SOLE		30,000	0	0
GOLAR LNG PARTNERS LP	COM UNIT LPI	Y2745C102	272	13,834	SH		SOLE		13,834	0	0
HORIZON PHARMA PLC	SHS	G4617B105	544	30,000	SH	Call	SOLE		30,000	0	0
INCONTACT INC	COM	45336E109	425	30,400	SH		SOLE		30,400	0	0
INVESTORS REAL ESTATE TR	SH BEN INT	461730103	179	30,000	SH		SOLE		30,000	0	0
ISHARES TR	RUSSELL 2000 ETF	464287655	7,453	60,000	SH	Put	SOLE		60,000	0	0
JPMORGAN CHASE & CO	COM	46625H100	772	11,600	SH		SOLE		11,600	0	0
KIRBY CORP	COM	497266106	230	3,700	SH	Put	SOLE		3,700	0	0
LEXINGTON REALTY TRUST	COM	529043101	720	69,950	SH		SOLE		69,950	0	0
LIBERTY GLOBAL PLC	LILAC SHS CL C	G5480U153	233	8,305	SH		SOLE		8,305	0	0
LIONS GATE ENTMNT CORP	COM NEW	535919203	400	20,000	SH		SOLE		20,000	0	0
MACQUARIE INFRASTRUCTURE COR	COM	55608B105	1,235	14,840	SH		SOLE		14,840	0	0
MAZOR ROBOTICS LTD	SPONSORED ADS	57886P103	1,147	44,332	SH		SOLE		44,332	0	0
MODEL N INC	COM	607525102	199	17,900	SH		SOLE		17,900	0	0
MOLINA HEALTHCARE INC	COM	60855R100	286	4,900	SH		SOLE		4,900	0	0
MPLX LP	COM UNIT REP LTD	55336V100	203	5,995	SH		SOLE		5,995	0	0
NORWEGIAN CRUISE LINE HLDGS	SHS	G66721104	754	20,000	SH		SOLE		20,000	0	0
NOVADAQ TECHNOLOGIES INC	COM	66987G102	191	16,503	SH		SOLE		16,503	0	0
PACIFIC BIOSCIENCES CALIF IN	COM	69404D108	2,016	225,000	SH		SOLE		225,000	0	0
PATRIOT NATL INC	COM	70338T102	496	55,000	SH		SOLE		55,000	0	0
POINTS INTL LTD	COM NEW	730843208	1,099	122,681	SH		SOLE		122,681	0	0
PROSHARES TR	PSHS ULSHT SP500	74347B300	339	20,700	SH		SOLE		20,700	0	0
PROSHARES TR	ULTSHRT QQQ	74348A426	233	9,600	SH		SOLE		9,600	0	0
REALOGY HLDGS CORP	COM	75605Y106	416	16,100	SH		SOLE		16,100	0	0
RED HAT INC	COM	756577102	606	7,500	SH		SOLE		7,500	0	0
RITTER PHARMACEUTICALS INC	COM	767836109	29	17,500	SH		SOLE		17,500	0	0
SHERWIN WILLIAMS CO	COM	824348106	1,107	4,000	SH		SOLE		4,000	0	0
SNAP ON INC	COM	833034101	1,292	8,500	SH		SOLE		8,500	0	0
SPDR S&P 500 ETF TR	TR UNIT	78462F103	15,141	70,000	SH	Put	SOLE		70,000	0	0
STONECASTLE FINL CORP	COM	861780104	724	38,792	SH		SOLE		38,792	0	0
SUNOCO LP	COM U REP LP	86765K109	435	15,000	SH		SOLE		15,000	0	0
SURMODICS INC	COM	868873100	769	25,555	SH		SOLE		25,555	0	0
SYNERGY PHARMACEUTICALS DEL	COM NEW	871639308	898	162,900	SH		SOLE		162,900	0	0
VERMILLION INC	COM NEW	92407M206	236	181,845	SH		SOLE		181,845	0	0
VERTEX ENERGY INC	COM	92534K107	945	821,391	SH		SOLE		821,391	0	0
VICOR CORP	COM	925815102	1,788	154,125	SH		SOLE		154,125	0	0
VOYA FINL INC	COM	929089100	1,228	42,600	SH		SOLE		42,600	0	0
WABTEC CORP	COM	929740108	838	10,259	SH		SOLE		10,259	0	0
WEIGHT WATCHERS INTL INC NEW	COM	948626106	774	75,000	SH		SOLE		75,000	0	0