Dialectic 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
3-D SYS CORP DEL	COM NEW	88554D205	1,571	33,861	SH		SOLE		33,861	0	0
3-D SYS CORP DEL	COM NEW	88554D205	4,317	93,100	SH	Put	SOLE		93,100	0	0
3-D SYS CORP DEL	COM NEW	88554D205	2,348	50,628	SH		DFND	1	50,628	0	0
3-D SYS CORP DEL	COM NEW	88554D205	4,957	106,900	SH	Put	DFND	1	106,900	0	0
ACTUATE CORP	COM	00508B102	162	41,524	SH		SOLE		41,524	0	0
ACTUATE CORP	COM	00508B102	506	129,861	SH		DFND	1	129,861	0	0
ADVISORSHARES TR	GARTMAN GD/YEN	00768Y685	319	25,000	SH		SOLE		25,000	0	0
AKAMAI TECHNOLOGIES INC	COM	00971T101	164	2,742	SH		SOLE		2,742	0	0
AKAMAI TECHNOLOGIES INC	COM	00971T101	626	10,466	SH		DFND	1	10,466	0	0
ALCENTRA CAP CORP	COM	01374T102	344	25,915	SH		SOLE		25,915	0	0
ALCENTRA CAP CORP	COM	01374T102	1,319	99,285	SH		DFND	1	99,285	0	0
ALLEGHENY TECHNOLOGIES INC	COM	01741R102	556	14,986	SH		SOLE		14,986	0	0
ALLEGHENY TECHNOLOGIES INC	COM	01741R102	1,373	37,000	SH	Call	SOLE		37,000	0	0
ALLEGHENY TECHNOLOGIES INC	COM	01741R102	1,580	42,578	SH		DFND	1	42,578	0	0
ALLEGHENY TECHNOLOGIES INC	COM	01741R102	1,410	38,000	SH	Call	DFND	1	38,000	0	0
ALPHA & OMEGA SEMICONDUCTOR	SHS	G6331P104	51	5,437	SH		SOLE		5,437	0	0
ALPHA & OMEGA SEMICONDUCTOR	SHS	G6331P104	197	20,960	SH		DFND	1	20,960	0	0
AMC NETWORKS INC	CL A	00164V103	426	7,300	SH	Call	SOLE		7,300	0	0
AMC NETWORKS INC	CL A	00164V103	450	7,700	SH	Call	DFND	1	7,700	0	0
AMERICAN CAP LTD	COM	02503Y103	572	40,425	SH		SOLE		40,425	0	0
AMERICAN CAP LTD	COM	02503Y103	2,189	154,575	SH		DFND	1	154,575	0	0
AMERICAN CAP MTG INVT CORP	COM	02504A104	117	6,222	SH		SOLE		6,222	0	0
AMERICAN CAP MTG INVT CORP	COM	02504A104	448	23,778	SH		DFND	1	23,778	0	0
AMERICAN CAP SR FLOATING LTD	COM	02504D108	446	34,285	SH		SOLE		34,285	0	0
AMERICAN CAP SR FLOATING LTD	COM	02504D108	1,707	131,215	SH		DFND	1	131,215	0	0
AMERICAN TOWER CORP NEW	COM	03027X100	586	6,259	SH		SOLE		6,259	0	0
AMERICAN TOWER CORP NEW	COM	03027X100	1,644	17,560	SH		DFND	1	17,560	0	0
ANADARKO PETE CORP	COM	032511107	710	6,992	SH		SOLE		6,992	0	0
ANADARKO PETE CORP	COM	032511107	1,360	13,406	SH		DFND	1	13,406	0	0
APOLLO COML REAL EST FIN INC	COM	03762U105	114	7,258	SH		SOLE		7,258	0	0
APOLLO COML REAL EST FIN INC	COM	03762U105	436	27,742	SH		DFND	1	27,742	0	0
APPLE INC	COM	037833100	950	9,429	SH		SOLE		9,429	0	0
APPLIED OPTOELECTRONICS INC	COM	03823U102	341	21,196	SH		SOLE		21,196	0	0
APPLIED OPTOELECTRONICS INC	COM	03823U102	494	30,688	SH		DFND	1	30,688	0	0
ARCHER DANIELS MIDLAND CO	COM	039483102	1,242	24,300	SH	Call	SOLE		24,300	0	0
ARCHER DANIELS MIDLAND CO	COM	039483102	1,313	25,700	SH	Call	DFND	1	25,700	0	0
ARES CAP CORP	COM	04010L103	486	30,081	SH		SOLE		30,081	0	0
ARES CAP CORP	COM	04010L103	1,857	114,919	SH		DFND	1	114,919	0	0
ARUBA NETWORKS INC	COM	043176106	537	24,887	SH		SOLE		24,887	0	0
ARUBA NETWORKS INC	COM	043176106	1,226	56,805	SH		DFND	1	56,805	0	0
AT&T INC	COM	00206R102	1,036	29,400	SH	Put	SOLE		29,400	0	0
AT&T INC	COM	00206R102	1,078	30,600	SH	Put	DFND	1	30,600	0	0
BLACKHAWK NETWORK HLDGS INC	CL A	09238E104	114	3,517	SH		SOLE		3,517	0	0
BLACKHAWK NETWORK HLDGS INC	CL A	09238E104	436	13,444	SH		DFND	1	13,444	0	0
BLACKROCK CR ALLCTN INC TR	COM	092508100	709	53,261	SH		SOLE		53,261	0	0
BLACKROCK CR ALLCTN INC TR	COM	092508100	2,711	203,660	SH		DFND	1	203,660	0	0
BLACKSTONE MTG TR INC	COM CL A	09257W100	756	27,885	SH		SOLE		27,885	0	0
BLACKSTONE MTG TR INC	COM CL A	09257W100	2,503	92,365	SH		DFND	1	92,365	0	0
BOFI HLDG INC	COM	05566U108	334	4,600	SH	Call	SOLE		4,600	0	0
BOFI HLDG INC	COM	05566U108	676	9,300	SH	Put	SOLE		9,300	0	0
BOFI HLDG INC	COM	05566U108	393	5,400	SH	Call	DFND	1	5,400	0	0
BOFI HLDG INC	COM	05566U108	778	10,700	SH	Put	DFND	1	10,700	0	0
BROADCOM CORP	CL A	111320107	653	16,144	SH		SOLE		16,144	0	0
BROADCOM CORP	CL A	111320107	2,489	61,588	SH		DFND	1	61,588	0	0
BROCADE COMMUNICATIONS SYS I	COM NEW	111621306	941	86,603	SH		SOLE		86,603	0	0
BROCADE COMMUNICATIONS SYS I	COM NEW	111621306	2,613	240,364	SH		DFND	1	240,364	0	0
CAMPBELL SOUP CO	COM	134429109	620	14,500	SH	Call	SOLE		14,500	0	0
CAMPBELL SOUP CO	COM	134429109	662	15,500	SH	Call	DFND	1	15,500	0	0
CAPITALA FIN CORP	COM	14054R106	98	5,527	SH		SOLE		5,527	0	0
CAPITALA FIN CORP	COM	14054R106	370	20,863	SH		DFND	1	20,863	0	0
CARBO CERAMICS INC	COM	140781105	276	4,659	SH		SOLE		4,659	0	0
CARBO CERAMICS INC	COM	140781105	1,374	23,200	SH	Call	SOLE		23,200	0	0
CARBO CERAMICS INC	COM	140781105	2,221	37,500	SH	Put	SOLE		37,500	0	0
CARBO CERAMICS INC	COM	140781105	316	5,341	SH		DFND	1	5,341	0	0
CARBO CERAMICS INC	COM	140781105	1,587	26,800	SH	Call	DFND	1	26,800	0	0
CARBO CERAMICS INC	COM	140781105	2,517	42,500	SH	Put	DFND	1	42,500	0	0
CHARTER COMMUNICATIONS INC D	CL A NEW	16117M305	513	3,391	SH		SOLE		3,391	0	0
CHARTER COMMUNICATIONS INC D	CL A NEW	16117M305	1,443	9,530	SH		DFND	1	9,530	0	0
CHURCH & DWIGHT INC	COM	171340102	965	13,738	SH		SOLE		13,738	0	0
CHURCH & DWIGHT INC	COM	171340102	3,157	45,000	SH	Call	SOLE		45,000	0	0
CHURCH & DWIGHT INC	COM	171340102	1,251	17,824	SH		DFND	1	17,824	0	0
CHURCH & DWIGHT INC	COM	171340102	3,003	42,800	SH	Call	DFND	1	42,800	0	0
CISCO SYS INC	COM	17275R102	1,106	43,961	SH		SOLE		43,961	0	0
CISCO SYS INC	COM	17275R102	3,240	128,712	SH		DFND	1	128,712	0	0
COMCAST CORP NEW	CL A SPL	20030N200	2,152	40,228	SH		SOLE		40,228	0	0
COMCAST CORP NEW	CL A SPL	20030N200	1,338	25,000	SH	Call	SOLE		25,000	0	0
COMCAST CORP NEW	CL A SPL	20030N200	2,572	48,070	SH		DFND	1	48,070	0	0
COMCAST CORP NEW	CL A SPL	20030N200	1,717	32,100	SH	Call	DFND	1	32,100	0	0
COMMERCIAL METALS CO	COM	201723103	403	23,623	SH		SOLE		23,623	0	0
COMMERCIAL METALS CO	COM	201723103	1,127	66,043	SH		DFND	1	66,043	0	0
COMMVAULT SYSTEMS INC	COM	204166102	327	6,498	SH		SOLE		6,498	0	0
COMMVAULT SYSTEMS INC	COM	204166102	1,252	24,843	SH		DFND	1	24,843	0	0
COMSTOCK RES INC	COM NEW	205768203	1,372	73,700	SH	Call	SOLE		73,700	0	0
COMSTOCK RES INC	COM NEW	205768203	1,421	76,300	SH	Call	DFND	1	76,300	0	0
CONSOL ENERGY INC	COM	20854P109	647	17,100	SH	Call	SOLE		17,100	0	0
CONSOL ENERGY INC	COM	20854P109	678	17,900	SH	Call	DFND	1	17,900	0	0
CREDIT ACCEP CORP MICH	COM	225310101	882	7,000	SH	Call	SOLE		7,000	0	0
CREDIT ACCEP CORP MICH	COM	225310101	1,778	14,100	SH	Put	SOLE		14,100	0	0
CREDIT ACCEP CORP MICH	COM	225310101	1,009	8,000	SH	Call	DFND	1	8,000	0	0
CREDIT ACCEP CORP MICH	COM	225310101	2,005	15,900	SH	Put	DFND	1	15,900	0	0
CROWN CASTLE INTL CORP	COM	228227104	838	10,400	SH	Call	SOLE		10,400	0	0
CROWN CASTLE INTL CORP	COM	228227104	2,384	29,600	SH	Call	DFND	1	29,600	0	0
CUSTOMERS BANCORP INC	COM	23204G100	239	13,308	SH		SOLE		13,308	0	0
CUSTOMERS BANCORP INC	COM	23204G100	914	50,887	SH		DFND	1	50,887	0	0
DEERE & CO	COM	244199105	4,009	48,900	SH	Put	SOLE		48,900	0	0
DEERE & CO	COM	244199105	4,190	51,100	SH	Put	DFND	1	51,100	0	0
DEVON ENERGY CORP NEW	COM	25179M103	534	7,840	SH		SOLE		7,840	0	0
DEVON ENERGY CORP NEW	COM	25179M103	1,664	24,400	SH	Call	SOLE		24,400	0	0
DEVON ENERGY CORP NEW	COM	25179M103	1,514	22,203	SH		DFND	1	22,203	0	0
DEVON ENERGY CORP NEW	COM	25179M103	1,745	25,600	SH	Call	DFND	1	25,600	0	0
DIAMOND OFFSHORE DRILLING IN	COM	25271C102	1,686	49,200	SH	Call	SOLE		49,200	0	0
DIAMOND OFFSHORE DRILLING IN	COM	25271C102	1,741	50,800	SH	Call	DFND	1	50,800	0	0
DIGIMARC CORP NEW	COM	25381B101	87	4,198	SH		SOLE		4,198	0	0
DIGIMARC CORP NEW	COM	25381B101	332	16,052	SH		DFND	1	16,052	0	0
DISCOVERY COMMUNICATNS NEW	COM SER A	25470F104	586	7,800	SH	Call	SOLE		7,800	0	0
DISCOVERY COMMUNICATNS NEW	COM SER A	25470F104	616	8,200	SH	Call	DFND	1	8,200	0	0
DISH NETWORK CORP	CL A	25470M109	1,276	19,747	SH		SOLE		19,747	0	0
DISH NETWORK CORP	CL A	25470M109	336	5,200	SH	Call	SOLE		5,200	0	0
DISH NETWORK CORP	CL A	25470M109	1,674	25,926	SH		DFND	1	25,926	0	0
DISH NETWORK CORP	CL A	25470M109	1,279	19,800	SH	Call	DFND	1	19,800	0	0
DISNEY WALT CO	COM DISNEY	254687106	1,076	12,087	SH		SOLE		12,087	0	0
DISNEY WALT CO	COM DISNEY	254687106	1,610	18,079	SH		DFND	1	18,079	0	0
DOW CHEM CO	COM	260543103	2,580	49,200	SH	Call	SOLE		49,200	0	0
DOW CHEM CO	COM	260543103	2,664	50,800	SH	Call	DFND	1	50,800	0	0
E M C CORP MASS	COM	268648102	1,139	38,926	SH		SOLE		38,926	0	0
E M C CORP MASS	COM	268648102	2,502	85,493	SH		DFND	1	85,493	0	0
EMCORE CORP	COM NEW	290846203	190	33,404	SH		SOLE		33,404	0	0
EMCORE CORP	COM NEW	290846203	727	127,771	SH		DFND	1	127,771	0	0
ENERGIZER HLDGS INC	COM	29266R108	581	4,713	SH		SOLE		4,713	0	0
ENERGIZER HLDGS INC	COM	29266R108	1,618	13,136	SH		DFND	1	13,136	0	0
EOG RES INC	COM	26875P101	513	5,180	SH		SOLE		5,180	0	0
EOG RES INC	COM	26875P101	1,208	12,200	SH	Call	SOLE		12,200	0	0
EOG RES INC	COM	26875P101	1,465	14,798	SH		DFND	1	14,798	0	0
EOG RES INC	COM	26875P101	1,267	12,800	SH	Call	DFND	1	12,800	0	0
ETFS PALLADIUM TR	SH BEN INT	26923A106	523	6,962	SH		SOLE		6,962	0	0
ETFS PALLADIUM TR	SH BEN INT	26923A106	604	8,038	SH		DFND	1	8,038	0	0
FACEBOOK INC	CL A	30303M102	800	10,123	SH		SOLE		10,123	0	0
FACEBOOK INC	CL A	30303M102	2,070	26,189	SH		DFND	1	26,189	0	0
FIFTH STR SR FLOATNG RATE CO	COM	31679F101	264	22,295	SH		SOLE		22,295	0	0
FIFTH STR SR FLOATNG RATE CO	COM	31679F101	1,007	85,205	SH		DFND	1	85,205	0	0
FIVE OAKS INVT CORP	COM	33830W106	408	38,832	SH		SOLE		38,832	0	0
FIVE OAKS INVT CORP	COM	33830W106	1,561	148,690	SH		DFND	1	148,690	0	0
FORTINET INC	COM	34959E109	530	20,957	SH		SOLE		20,957	0	0
FORTINET INC	COM	34959E109	1,043	41,274	SH		DFND	1	41,274	0	0
FS INVT CORP	COM	302635107	424	39,387	SH		SOLE		39,387	0	0
FS INVT CORP	COM	302635107	1,622	150,613	SH		DFND	1	150,613	0	0
FTD COS INC	COM	30281V108	110	3,211	SH		SOLE		3,211	0	0
FTD COS INC	COM	30281V108	420	12,306	SH		DFND	1	12,306	0	0
GASTAR EXPL INC NEW	COM	36729W202	451	76,823	SH		SOLE		76,823	0	0
GASTAR EXPL INC NEW	COM	36729W202	1,265	215,509	SH		DFND	1	215,509	0	0
GENERAL MLS INC	COM	370334104	732	14,500	SH	Call	SOLE		14,500	0	0
GENERAL MLS INC	COM	370334104	782	15,500	SH	Call	DFND	1	15,500	0	0
GOODRICH PETE CORP	COM NEW	382410405	507	34,198	SH		SOLE		34,198	0	0
GOODRICH PETE CORP	COM NEW	382410405	1,418	95,687	SH		DFND	1	95,687	0	0
GOOGLE INC	CL A	38259P508	970	1,647	SH		SOLE		1,647	0	0
GOOGLE INC	CL A	38259P508	2,763	4,695	SH		DFND	1	4,695	0	0
GOOGLE INC	CL C	38259P706	573	992	SH		SOLE		992	0	0
GOOGLE INC	CL C	38259P706	1,599	2,770	SH		DFND	1	2,770	0	0
GOPRO INC	CL A	38268T103	1,473	15,721	SH		SOLE		15,721	0	0
GOPRO INC	CL A	38268T103	5,388	57,500	SH	Put	SOLE		57,500	0	0
GOPRO INC	CL A	38268T103	1,401	14,953	SH		DFND	1	14,953	0	0
GOPRO INC	CL A	38268T103	6,372	68,000	SH	Put	DFND	1	68,000	0	0
HALCON RES CORP	COM NEW	40537Q209	701	177,052	SH		SOLE		177,052	0	0
HALCON RES CORP	COM NEW	40537Q209	1,638	413,556	SH		DFND	1	413,556	0	0
HILTON WORLDWIDE HLDGS INC	COM	43300A104	1,016	41,283	SH		SOLE		41,283	0	0
HILTON WORLDWIDE HLDGS INC	COM	43300A104	1,477	59,963	SH		DFND	1	59,963	0	0
HYATT HOTELS CORP	COM CL A	448579102	418	6,904	SH		SOLE		6,904	0	0
HYATT HOTELS CORP	COM CL A	448579102	1,168	19,303	SH		DFND	1	19,303	0	0
IAC INTERACTIVECORP	COM PAR $.001	44919P508	825	12,522	SH		SOLE		12,522	0	0
IAC INTERACTIVECORP	COM PAR $.001	44919P508	2,645	40,140	SH		DFND	1	40,140	0	0
IMMERSION CORP	COM	452521107	3,716	433,114	SH		SOLE		433,114	0	0
IMMERSION CORP	COM	452521107	3,720	433,619	SH		DFND	1	433,619	0	0
INTERCEPT PHARMACEUTICALS IN	COM	45845P108	450	1,900	SH	Call	SOLE		1,900	0	0
INTERCEPT PHARMACEUTICALS IN	COM	45845P108	379	1,600	SH	Put	SOLE		1,600	0	0
INTERCEPT PHARMACEUTICALS IN	COM	45845P108	497	2,100	SH	Call	DFND	1	2,100	0	0
INTERCEPT PHARMACEUTICALS IN	COM	45845P108	450	1,900	SH	Put	DFND	1	1,900	0	0
INTUITIVE SURGICAL INC	COM NEW	46120E602	2,124	4,600	SH	Put	SOLE		4,600	0	0
INTUITIVE SURGICAL INC	COM NEW	46120E602	2,494	5,400	SH	Put	DFND	1	5,400	0	0
ISHARES	US HOME CONS ETF	464288752	2,766	123,000	SH	Put	SOLE		123,000	0	0
ISHARES	US HOME CONS ETF	464288752	2,856	127,000	SH	Put	DFND	1	127,000	0	0
ISHARES TR	RUSSELL 2000 ETF	464287655	5,314	48,600	SH	Put	SOLE		48,600	0	0
ISHARES TR	RUSSELL 2000 ETF	464287655	6,167	56,400	SH	Put	DFND	1	56,400	0	0
KINDER MORGAN INC DEL	COM	49456B101	1,403	36,600	SH	Call	SOLE		36,600	0	0
KINDER MORGAN INC DEL	COM	49456B101	1,472	38,400	SH	Call	DFND	1	38,400	0	0
KRAFT FOODS GROUP INC	COM	50076Q106	1,382	24,500	SH	Call	SOLE		24,500	0	0
KRAFT FOODS GROUP INC	COM	50076Q106	1,438	25,500	SH	Call	DFND	1	25,500	0	0
LA QUINTA HLDGS INC	COM	50420D108	367	19,329	SH		SOLE		19,329	0	0
LA QUINTA HLDGS INC	COM	50420D108	1,026	54,038	SH		DFND	1	54,038	0	0
LADDER CAP CORP	CL A	505743104	98	5,186	SH		SOLE		5,186	0	0
LADDER CAP CORP	CL A	505743104	373	19,714	SH		DFND	1	19,714	0	0
LIBERTY GLOBAL PLC	SHS CL C	G5480U120	607	14,816	SH		SOLE		14,816	0	0
LIBERTY GLOBAL PLC	SHS CL C	G5480U120	1,703	41,511	SH		DFND	1	41,511	0	0
LIBERTY INTERACTIVE CORP	LBT VENT COM A	53071M880	2,409	63,459	SH		SOLE		63,459	0	0
LIBERTY INTERACTIVE CORP	LBT VENT COM A	53071M880	3,933	103,600	SH		DFND	1	103,600	0	0
LIBERTY TRIPADVISOR HLDGS IN	COM SER A	531465102	1,766	52,104	SH		SOLE		52,104	0	0
LIBERTY TRIPADVISOR HLDGS IN	COM SER A	531465102	2,888	85,190	SH		DFND	1	85,190	0	0
LYONDELLBASELL INDUSTRIES N	SHS - A -	N53745100	436	4,004	SH		SOLE		4,004	0	0
LYONDELLBASELL INDUSTRIES N	SHS - A -	N53745100	8,617	79,300	SH	Call	SOLE		79,300	0	0
LYONDELLBASELL INDUSTRIES N	SHS - A -	N53745100	1,221	11,233	SH		DFND	1	11,233	0	0
LYONDELLBASELL INDUSTRIES N	SHS - A -	N53745100	8,997	82,800	SH	Call	DFND	1	82,800	0	0
MAGNUM HUNTER RES CORP DEL	COM	55973B102	328	58,864	SH		SOLE		58,864	0	0
MAGNUM HUNTER RES CORP DEL	COM	55973B102	917	164,570	SH		DFND	1	164,570	0	0
MALLINCKRODT PUB LTD CO	SHS	G5785G107	1,145	12,700	SH	Put	SOLE		12,700	0	0
MALLINCKRODT PUB LTD CO	SHS	G5785G107	1,334	14,800	SH	Put	DFND	1	14,800	0	0
MARRIOTT INTL INC NEW	CL A	571903202	827	11,823	SH		SOLE		11,823	0	0
MARRIOTT INTL INC NEW	CL A	571903202	961	13,753	SH		DFND	1	13,753	0	0
MATTSON TECHNOLOGY INC	COM	577223100	23	9,142	SH		SOLE		9,142	0	0
MATTSON TECHNOLOGY INC	COM	577223100	86	34,897	SH		DFND	1	34,897	0	0
MICROSOFT CORP	COM	594918104	1,898	40,956	SH		SOLE		40,956	0	0
MICROSOFT CORP	COM	594918104	2,476	53,417	SH		DFND	1	53,417	0	0
MINDRAY MEDICAL INTL LTD	SPON ADR	602675100	769	25,500	SH	Call	SOLE		25,500	0	0
MINDRAY MEDICAL INTL LTD	SPON ADR	602675100	739	24,500	SH	Call	DFND	1	24,500	0	0
MOVE INC	COM NEW	62458M207	1,089	51,968	SH		SOLE		51,968	0	0
MOVE INC	COM NEW	62458M207	4,160	198,483	SH		DFND	1	198,483	0	0
NCR CORP NEW	COM	62886E108	45	1,356	SH		SOLE		1,356	0	0
NCR CORP NEW	COM	62886E108	456	13,646	SH		DFND	1	13,646	0	0
NETAPP INC	COM	64110D104	969	22,565	SH		SOLE		22,565	0	0
NETAPP INC	COM	64110D104	2,716	63,233	SH		DFND	1	63,233	0	0
NETSCOUT SYS INC	COM	64115T104	128	2,803	SH		SOLE		2,803	0	0
NETSCOUT SYS INC	COM	64115T104	491	10,718	SH		DFND	1	10,718	0	0
NMI HLDGS INC	CL A	629209305	401	46,394	SH		SOLE		46,394	0	0
NMI HLDGS INC	CL A	629209305	1,531	177,006	SH		DFND	1	177,006	0	0
NORTHSTAR RLTY FIN CORP	COM NEW	66704R704	495	27,996	SH		SOLE		27,996	0	0
NORTHSTAR RLTY FIN CORP	COM NEW	66704R704	1,891	107,004	SH		DFND	1	107,004	0	0
NUCOR CORP	COM	670346105	518	9,546	SH		SOLE		9,546	0	0
NUCOR CORP	COM	670346105	4,147	76,400	SH	Call	SOLE		76,400	0	0
NUCOR CORP	COM	670346105	788	14,515	SH		DFND	1	14,515	0	0
NUCOR CORP	COM	670346105	4,266	78,600	SH	Call	DFND	1	78,600	0	0
NUVEEN FLEXIBLE INVT INCOME	COM	67075B104	685	39,125	SH		SOLE		39,125	0	0
NUVEEN FLEXIBLE INVT INCOME	COM	67075B104	756	43,160	SH		DFND	1	43,160	0	0
ORGANOVO HLDGS INC	COM	68620A104	60	9,318	SH		SOLE		9,318	0	0
ORGANOVO HLDGS INC	COM	68620A104	68	10,682	SH		DFND	1	10,682	0	0
OXFORD LANE CAP CORP	COM	691543102	175	11,407	SH		SOLE		11,407	0	0
OXFORD LANE CAP CORP	COM	691543102	668	43,593	SH		DFND	1	43,593	0	0
PHARMACYCLICS INC	COM	716933106	411	3,500	SH	Call	SOLE		3,500	0	0
PHARMACYCLICS INC	COM	716933106	822	7,000	SH	Put	SOLE		7,000	0	0
PHARMACYCLICS INC	COM	716933106	470	4,000	SH	Call	DFND	1	4,000	0	0
PHARMACYCLICS INC	COM	716933106	939	8,000	SH	Put	DFND	1	8,000	0	0
PLUG POWER INC	COM NEW	72919P202	413	89,965	SH		SOLE		89,965	0	0
PLUG POWER INC	COM NEW	72919P202	428	93,200	SH	Put	SOLE		93,200	0	0
PLUG POWER INC	COM NEW	72919P202	490	106,817	SH		DFND	1	106,817	0	0
PLUG POWER INC	COM NEW	72919P202	490	106,800	SH	Put	DFND	1	106,800	0	0
PUMA BIOTECHNOLOGY INC	COM	74587V107	835	3,500	SH	Call	SOLE		3,500	0	0
PUMA BIOTECHNOLOGY INC	COM	74587V107	1,121	4,700	SH	Put	SOLE		4,700	0	0
PUMA BIOTECHNOLOGY INC	COM	74587V107	954	4,000	SH	Call	DFND	1	4,000	0	0
PUMA BIOTECHNOLOGY INC	COM	74587V107	1,264	5,300	SH	Put	DFND	1	5,300	0	0
RANGE RES CORP	COM	75281A109	456	6,728	SH		SOLE		6,728	0	0
RANGE RES CORP	COM	75281A109	744	10,976	SH		DFND	1	10,976	0	0
REALNETWORKS INC	COM NEW	75605L708	404	58,215	SH		SOLE		58,215	0	0
REALNETWORKS INC	COM NEW	75605L708	1,204	173,214	SH		DFND	1	173,214	0	0
RED HAT INC	COM	756577102	99	1,766	SH		SOLE		1,766	0	0
RED HAT INC	COM	756577102	379	6,754	SH		DFND	1	6,754	0	0
RENAISSANCERE HOLDINGS LTD	COM	G7496G103	1,160	11,600	SH	Put	SOLE		11,600	0	0
RENAISSANCERE HOLDINGS LTD	COM	G7496G103	1,340	13,400	SH	Put	DFND	1	13,400	0	0
RESMED INC	COM	761152107	1,163	23,600	SH	Put	SOLE		23,600	0	0
RESMED INC	COM	761152107	1,380	28,000	SH	Put	DFND	1	28,000	0	0
REYNOLDS AMERICAN INC	COM	761713106	595	10,084	SH		SOLE		10,084	0	0
REYNOLDS AMERICAN INC	COM	761713106	313	5,300	SH	Call	SOLE		5,300	0	0
REYNOLDS AMERICAN INC	COM	761713106	1,669	28,294	SH		DFND	1	28,294	0	0
REYNOLDS AMERICAN INC	COM	761713106	867	14,700	SH	Call	DFND	1	14,700	0	0
ROWAN COMPANIES PLC	SHS CL A	G7665A101	2,498	98,700	SH	Call	SOLE		98,700	0	0
ROWAN COMPANIES PLC	SHS CL A	G7665A101	2,564	101,300	SH	Call	DFND	1	101,300	0	0
RUCKUS WIRELESS INC	COM	781220108	162	12,101	SH		SOLE		12,101	0	0
RUCKUS WIRELESS INC	COM	781220108	618	46,257	SH		DFND	1	46,257	0	0
SARATOGA INVT CORP	COM NEW	80349A208	266	16,584	SH		SOLE		16,584	0	0
SARATOGA INVT CORP	COM NEW	80349A208	1,016	63,416	SH		DFND	1	63,416	0	0
SBA COMMUNICATIONS CORP	COM	78388J106	572	5,158	SH		SOLE		5,158	0	0
SBA COMMUNICATIONS CORP	COM	78388J106	1,602	14,444	SH		DFND	1	14,444	0	0
SCRIPPS NETWORKS INTERACT IN	CL A COM	811065101	234	3,000	SH	Call	SOLE		3,000	0	0
SCRIPPS NETWORKS INTERACT IN	CL A COM	811065101	664	8,500	SH	Call	DFND	1	8,500	0	0
SEADRILL LIMITED	SHS	G7945E105	2,641	98,700	SH	Call	SOLE		98,700	0	0
SEADRILL LIMITED	SHS	G7945E105	2,711	101,300	SH	Call	DFND	1	101,300	0	0
SIRIUS XM HLDGS INC	COM	82968B103	205	58,792	SH		SOLE		58,792	0	0
SIRIUS XM HLDGS INC	COM	82968B103	784	224,706	SH		DFND	1	224,706	0	0
SMUCKER J M CO	COM NEW	832696405	1,119	11,300	SH	Call	SOLE		11,300	0	0
SMUCKER J M CO	COM NEW	832696405	1,208	12,200	SH	Call	DFND	1	12,200	0	0
SOLAR CAP LTD	COM	83413U100	523	27,989	SH		SOLE		27,989	0	0
SOLAR CAP LTD	COM	83413U100	1,999	107,011	SH		DFND	1	107,011	0	0
SOLAR SR CAP LTD	COM	83416M105	245	15,903	SH		SOLE		15,903	0	0
SOLAR SR CAP LTD	COM	83416M105	933	60,640	SH		DFND	1	60,640	0	0
SONUS NETWORKS INC	COM	835916107	130	37,922	SH		SOLE		37,922	0	0
SONUS NETWORKS INC	COM	835916107	496	145,023	SH		DFND	1	145,023	0	0
SPDR GOLD TRUST	GOLD SHS	78463V107	3,777	32,500	SH	Call	SOLE		32,500	0	0
SPDR GOLD TRUST	GOLD SHS	78463V107	4,358	37,500	SH	Call	DFND	1	37,500	0	0
SPDR S&P 500 ETF TR	TR UNIT	78462F103	5,520	28,021	SH		SOLE		28,021	0	0
SPDR S&P 500 ETF TR	TR UNIT	78462F103	5,536	28,100	SH	Put	SOLE		28,100	0	0
SPDR S&P 500 ETF TR	TR UNIT	78462F103	11,212	56,909	SH		DFND	1	56,909	0	0
SPDR S&P 500 ETF TR	TR UNIT	78462F103	6,285	31,900	SH	Put	DFND	1	31,900	0	0
STARWOOD HOTELS&RESORTS WRLD	COM	85590A401	1,160	13,937	SH		SOLE		13,937	0	0
STARWOOD HOTELS&RESORTS WRLD	COM	85590A401	1,436	17,261	SH		DFND	1	17,261	0	0
STARWOOD PPTY TR INC	COM	85571B105	682	31,069	SH		SOLE		31,069	0	0
STARWOOD PPTY TR INC	COM	85571B105	2,609	118,802	SH		DFND	1	118,802	0	0
STEEL DYNAMICS INC	COM	858119100	494	21,846	SH		SOLE		21,846	0	0
STEEL DYNAMICS INC	COM	858119100	2,512	111,100	SH	Call	SOLE		111,100	0	0
STEEL DYNAMICS INC	COM	858119100	751	33,218	SH		DFND	1	33,218	0	0
STEEL DYNAMICS INC	COM	858119100	2,575	113,900	SH	Call	DFND	1	113,900	0	0
SUNEDISON INC	COM	86732Y109	143	7,578	SH		SOLE		7,578	0	0
SUNEDISON INC	COM	86732Y109	547	28,977	SH		DFND	1	28,977	0	0
SUNEDISON SEMICONDUCTOR LTD	SHS	Y8213L102	279	14,401	SH		SOLE		14,401	0	0
SUNEDISON SEMICONDUCTOR LTD	SHS	Y8213L102	1,067	55,166	SH		DFND	1	55,166	0	0
TCP CAP CORP	COM	87238Q103	83	5,184	SH		SOLE		5,184	0	0
TCP CAP CORP	COM	87238Q103	318	19,816	SH		DFND	1	19,816	0	0
TEXTURA CORP	COM	883211104	228	8,636	SH		SOLE		8,636	0	0
TEXTURA CORP	COM	883211104	255	9,658	SH		DFND	1	9,658	0	0
TIME WARNER INC	COM NEW	887317303	489	6,500	SH	Call	SOLE		6,500	0	0
TIME WARNER INC	COM NEW	887317303	1,391	18,500	SH	Call	DFND	1	18,500	0	0
TOWER SEMICONDUCTOR LTD	SHS NEW	M87915274	434	42,640	SH		SOLE		42,640	0	0
TOWER SEMICONDUCTOR LTD	SHS NEW	M87915274	1,658	163,029	SH		DFND	1	163,029	0	0
TPG SPECIALTY LENDING INC	COM	87265K102	116	7,256	SH		SOLE		7,256	0	0
TPG SPECIALTY LENDING INC	COM	87265K102	444	27,744	SH		DFND	1	27,744	0	0
TRANSOCEAN LTD	REG SHS	H8817H100	3,155	98,700	SH	Call	SOLE		98,700	0	0
TRANSOCEAN LTD	REG SHS	H8817H100	3,239	101,300	SH	Call	DFND	1	101,300	0	0
TRIPLEPOINT VENTR GRW BDC CO	COM	89677Y100	147	10,035	SH		SOLE		10,035	0	0
TRIPLEPOINT VENTR GRW BDC CO	COM	89677Y100	564	38,607	SH		DFND	1	38,607	0	0
TWO HBRS INVT CORP	COM	90187B101	601	62,119	SH		SOLE		62,119	0	0
TWO HBRS INVT CORP	COM	90187B101	2,297	237,531	SH		DFND	1	237,531	0	0
VERIZON COMMUNICATIONS INC	COM	92343V104	490	9,800	SH	Put	SOLE		9,800	0	0
VERIZON COMMUNICATIONS INC	COM	92343V104	510	10,200	SH	Put	DFND	1	10,200	0	0
VONAGE HLDGS CORP	COM	92886T201	65	19,738	SH		SOLE		19,738	0	0
VONAGE HLDGS CORP	COM	92886T201	247	75,449	SH		DFND	1	75,449	0	0
VOXELJET AG	ADS	92912L107	163	11,772	SH		SOLE		11,772	0	0
VOXELJET AG	ADS	92912L107	796	57,400	SH	Put	SOLE		57,400	0	0
VOXELJET AG	ADS	92912L107	188	13,548	SH		DFND	1	13,548	0	0
VOXELJET AG	ADS	92912L107	949	68,400	SH	Put	DFND	1	68,400	0	0
WASTE CONNECTIONS INC	COM	941053100	437	9,014	SH		SOLE		9,014	0	0
WASTE CONNECTIONS INC	COM	941053100	1,225	25,254	SH		DFND	1	25,254	0	0
WESTERN REFNG INC	COM	959319104	202	4,790	SH		SOLE		4,790	0	0
WESTERN REFNG INC	COM	959319104	399	9,506	SH		DFND	1	9,506	0	0
WIDEPOINT CORP	COM	967590100	346	201,804	SH		SOLE		201,804	0	0
WIDEPOINT CORP	COM	967590100	724	422,310	SH		DFND	1	422,310	0	0
WIX COM LTD	SHS	M98068105	53	3,251	SH		SOLE		3,251	0	0
WIX COM LTD	SHS	M98068105	204	12,538	SH		DFND	1	12,538	0	0
XOOM CORP	COM	98419Q101	108	4,916	SH		SOLE		4,916	0	0
XOOM CORP	COM	98419Q101	413	18,797	SH		DFND	1	18,797	0	0
ZYNGA INC	CL A	98986T108	122	45,019	SH		SOLE		45,019	0	0
ZYNGA INC	CL A	98986T108	465	172,144	SH		DFND	1	172,144	0	0