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
ACTIVISION BLIZZARD INC	COM	00507V109	249	6,424	SH		SOLE		6,424	0	0
ACTIVISION BLIZZARD INC	COM	00507V109	1,068	27,583	SH		DFND	1	27,583	0	0
AERCAP HOLDINGS NV	SHS	N00985106	966	22,375	SH		SOLE		22,375	0	0
AERCAP HOLDINGS NV	SHS	N00985106	1,165	27,000	SH		DFND	1	27,000	0	0
AIR LEASE CORP	CL A	00912X302	576	17,197	SH		SOLE		17,197	0	0
AIR LEASE CORP	CL A	00912X302	1,521	45,436	SH		DFND	1	45,436	0	0
ALCENTRA CAP CORP	COM	01374T102	131	11,300	SH		SOLE		11,300	0	0
ALCENTRA CAP CORP	COM	01374T102	209	18,000	SH		DFND	1	18,000	0	0
ALLEGION PUB LTD CO	ORD SHS	G0176J109	411	6,228	SH		SOLE		6,228	0	0
ALLEGION PUB LTD CO	ORD SHS	G0176J109	1,768	26,820	SH		DFND	1	26,820	0	0
ALPHABET INC	CAP STK CL A	02079K305	486	625	SH		SOLE		625	0	0
ALPHABET INC	CAP STK CL A	02079K305	2,082	2,676	SH		DFND	1	2,676	0	0
AMAZON COM INC	COM	023135106	337	498	SH		SOLE		498	0	0
AMAZON COM INC	COM	023135106	2,501	3,700	SH	Put	SOLE		3,700	0	0
AMAZON COM INC	COM	023135106	1,448	2,143	SH		DFND	1	2,143	0	0
AMAZON COM INC	COM	023135106	2,568	3,800	SH	Put	DFND	1	3,800	0	0
APOLLO COML REAL EST FIN INC	COM	03762U105	241	14,000	SH		SOLE		14,000	0	0
APOLLO COML REAL EST FIN INC	COM	03762U105	362	21,000	SH		DFND	1	21,000	0	0
ARES COML REAL ESTATE CORP	COM	04013V108	413	36,070	SH		SOLE		36,070	0	0
ARES COML REAL ESTATE CORP	COM	04013V108	343	30,000	SH		DFND	1	30,000	0	0
ASHLAND INC NEW	COM	044209104	147	1,429	SH		SOLE		1,429	0	0
ASHLAND INC NEW	COM	044209104	631	6,148	SH		DFND	1	6,148	0	0
ASSOCIATED CAP GROUP INC	CL A	045528106	237	7,779	SH		SOLE		7,779	0	0
B RILEY FINL INC	COM	05580M108	4,738	478,557	SH		SOLE		478,557	0	0
B RILEY FINL INC	COM	05580M108	4,314	435,800	SH		DFND	1	435,800	0	0
B/E AEROSPACE INC	COM	073302101	593	13,999	SH		SOLE		13,999	0	0
B/E AEROSPACE INC	COM	073302101	2,057	48,554	SH		DFND	1	48,554	0	0
BARCLAYS BK PLC	IPATH S&P500 VIX	06742E711	527	26,200	SH	Call	SOLE		26,200	0	0
BARCLAYS BK PLC	IPATH S&P500 VIX	06742E711	679	33,800	SH	Call	DFND	1	33,800	0	0
BENEFICIAL BANCORP INC	COM	08171T102	583	43,770	SH		SOLE		43,770	0	0
BENEFICIAL BANCORP INC	COM	08171T102	400	30,010	SH		DFND	1	30,010	0	0
BLACKHAWK NETWORK HLDGS INC	COM	09238E104	311	7,038	SH		SOLE		7,038	0	0
BLACKHAWK NETWORK HLDGS INC	COM	09238E104	1,336	30,217	SH		DFND	1	30,217	0	0
BLACKSTONE MTG TR INC	COM CL A	09257W100	515	19,260	SH		SOLE		19,260	0	0
BLACKSTONE MTG TR INC	COM CL A	09257W100	401	15,000	SH		DFND	1	15,000	0	0
BLUE HILLS BANCORP INC	COM	095573101	631	41,225	SH		SOLE		41,225	0	0
BLUE HILLS BANCORP INC	COM	095573101	1,072	70,000	SH		DFND	1	70,000	0	0
BLUEROCK RESIDENTIAL GRW REI	COM CL A	09627J102	625	52,710	SH		SOLE		52,710	0	0
BLUEROCK RESIDENTIAL GRW REI	COM CL A	09627J102	652	55,000	SH		DFND	1	55,000	0	0
BOFI HLDG INC	COM	05566U108	438	20,800	SH	Put	DFND	1	20,800	0	0
BROOKFIELD ASSET MGMT INC	CL A LTD VT SH	112585104	741	23,500	SH	Put	SOLE		23,500	0	0
BROOKFIELD ASSET MGMT INC	CL A LTD VT SH	112585104	836	26,500	SH	Put	DFND	1	26,500	0	0
BROOKFIELD INFRAST PARTNERS	LP INT UNIT	G16252101	2,445	64,500	SH	Put	SOLE		64,500	0	0
BROOKFIELD INFRAST PARTNERS	LP INT UNIT	G16252101	2,654	70,000	SH	Put	DFND	1	70,000	0	0
BWX TECHNOLOGIES INC	COM	05605H100	1,209	38,061	SH		SOLE		38,061	0	0
BWX TECHNOLOGIES INC	COM	05605H100	3,157	99,357	SH		DFND	1	99,357	0	0
CAPITAL SOUTHWEST CORP	COM	140501107	871	62,748	SH		SOLE		62,748	0	0
CAPITAL SOUTHWEST CORP	COM	140501107	1,979	142,579	SH		DFND	1	142,579	0	0
CARMAX INC	COM	143130102	2,785	51,600	SH	Put	SOLE		51,600	0	0
CARMAX INC	COM	143130102	1,970	36,500	SH	Put	DFND	1	36,500	0	0
CATERPILLAR INC DEL	COM	149123101	3,432	50,500	SH	Put	SOLE		50,500	0	0
CATERPILLAR INC DEL	COM	149123101	3,364	49,500	SH	Put	DFND	1	49,500	0	0
CF INDS HLDGS INC	COM	125269100	2,277	55,800	SH	Put	SOLE		55,800	0	0
CF INDS HLDGS INC	COM	125269100	1,804	44,200	SH	Put	DFND	1	44,200	0	0
CHINA BIOLOGIC PRODS INC	COM	16938C106	2,636	18,500	SH	Put	SOLE		18,500	0	0
CHINA BIOLOGIC PRODS INC	COM	16938C106	1,425	10,000	SH	Put	DFND	1	10,000	0	0
CIENA CORP	COM NEW	171779309	122	5,895	SH		SOLE		5,895	0	0
CIENA CORP	COM NEW	171779309	519	25,106	SH		DFND	1	25,106	0	0
CISCO SYS INC	COM	17275R102	311	11,438	SH		SOLE		11,438	0	0
CISCO SYS INC	COM	17275R102	1,340	49,352	SH		DFND	1	49,352	0	0
COLONY CAP INC	CL A	19624R106	471	24,180	SH		SOLE		24,180	0	0
COLONY CAP INC	CL A	19624R106	682	35,000	SH		DFND	1	35,000	0	0
CONCORDIA HEALTHCARE CORP	COM	206519100	326	8,008	SH		SOLE		8,008	0	0
CONCORDIA HEALTHCARE CORP	COM	206519100	1,396	34,307	SH		DFND	1	34,307	0	0
COVISINT CORP	COM	22357R103	1,378	551,109	SH		SOLE		551,109	0	0
COVISINT CORP	COM	22357R103	1,853	741,100	SH		DFND	1	741,100	0	0
CREDIT ACCEP CORP MICH	COM	225310101	445	2,080	SH		SOLE		2,080	0	0
CREDIT ACCEP CORP MICH	COM	225310101	464	2,170	SH		DFND	1	2,170	0	0
CUMMINS INC	COM	231021106	4,955	56,300	SH	Put	SOLE		56,300	0	0
CUMMINS INC	COM	231021106	3,846	43,700	SH	Put	DFND	1	43,700	0	0
DARLING INGREDIENTS INC	COM	237266101	126	11,981	SH		SOLE		11,981	0	0
DARLING INGREDIENTS INC	COM	237266101	541	51,447	SH		DFND	1	51,447	0	0
DBX ETF TR	DBXTR HAR CS 300	233051879	1,315	47,000	SH	Put	SOLE		47,000	0	0
DBX ETF TR	DBXTR HAR CS 300	233051879	923	33,000	SH	Put	DFND	1	33,000	0	0
DEXCOM INC	COM	252131107	301	3,680	SH		SOLE		3,680	0	0
DEXCOM INC	COM	252131107	1,294	15,800	SH		DFND	1	15,800	0	0
DIGIMARC CORP NEW	COM	25381B101	55	1,497	SH		SOLE		1,497	0	0
DIGIMARC CORP NEW	COM	25381B101	235	6,448	SH		DFND	1	6,448	0	0
DOW CHEM CO	COM	260543103	155	3,003	SH		SOLE		3,003	0	0
DOW CHEM CO	COM	260543103	665	12,923	SH		DFND	1	12,923	0	0
DU PONT E I DE NEMOURS & CO	COM	263534109	159	2,384	SH		SOLE		2,384	0	0
DU PONT E I DE NEMOURS & CO	COM	263534109	683	10,258	SH		DFND	1	10,258	0	0
ELECTRONIC ARTS INC	COM	285512109	165	2,397	SH		SOLE		2,397	0	0
ELECTRONIC ARTS INC	COM	285512109	709	10,318	SH		DFND	1	10,318	0	0
EMERSON ELEC CO	COM	291011104	1,767	36,948	SH		SOLE		36,948	0	0
EMERSON ELEC CO	COM	291011104	2,758	57,656	SH		DFND	1	57,656	0	0
EQUINIX INC	COM PAR $0.001	29444U700	2,722	9,000	SH	Put	SOLE		9,000	0	0
EQUINIX INC	COM PAR $0.001	29444U700	3,326	11,000	SH	Put	DFND	1	11,000	0	0
FABRINET	SHS	G3323L100	251	10,555	SH		SOLE		10,555	0	0
FABRINET	SHS	G3323L100	1,082	45,427	SH		DFND	1	45,427	0	0
FACEBOOK INC	CL A	30303M102	1,395	13,333	SH		DFND	1	13,333	0	0
FIRST SOLAR INC	COM	336433107	1,637	24,800	SH	Put	SOLE		24,800	0	0
FIRST SOLAR INC	COM	336433107	1,663	25,200	SH	Put	DFND	1	25,200	0	0
FOUR CORNERS PPTY TR INC	COM	35086T109	247	10,230	SH		SOLE		10,230	0	0
FOUR CORNERS PPTY TR INC	COM	35086T109	338	14,000	SH		DFND	1	14,000	0	0
GARRISON CAP INC	COM	366554103	152	12,500	SH		SOLE		12,500	0	0
GARRISON CAP INC	COM	366554103	236	19,417	SH		DFND	1	19,417	0	0
GILEAD SCIENCES INC	COM	375558103	2,641	26,100	SH	Put	SOLE		26,100	0	0
GILEAD SCIENCES INC	COM	375558103	3,430	33,900	SH	Put	DFND	1	33,900	0	0
GLADSTONE CAPITAL CORP	COM	376535100	340	46,500	SH		SOLE		46,500	0	0
GLADSTONE CAPITAL CORP	COM	376535100	279	38,193	SH		DFND	1	38,193	0	0
GRAMERCY PPTY TR	COM	385002100	680	88,031	SH		SOLE		88,031	0	0
GRAMERCY PPTY TR	COM	385002100	811	105,000	SH		DFND	1	105,000	0	0
GW PHARMACEUTICALS PLC	ADS	36197T103	1,292	18,600	SH	Put	SOLE		18,600	0	0
GW PHARMACEUTICALS PLC	ADS	36197T103	1,903	27,400	SH	Put	DFND	1	27,400	0	0
HC2 HLDGS INC	COM	404139107	1,023	193,450	SH		SOLE		193,450	0	0
HC2 HLDGS INC	COM	404139107	1,154	218,101	SH		DFND	1	218,101	0	0
HEXCEL CORP NEW	COM	428291108	656	14,128	SH		SOLE		14,128	0	0
HEXCEL CORP NEW	COM	428291108	891	19,173	SH		DFND	1	19,173	0	0
HORIZON TECHNOLOGY FIN CORP	COM	44045A102	137	11,710	SH		SOLE		11,710	0	0
HORIZON TECHNOLOGY FIN CORP	COM	44045A102	187	15,900	SH		DFND	1	15,900	0	0
HOWARD HUGHES CORP	COM	44267D107	444	3,924	SH		SOLE		3,924	0	0
HOWARD HUGHES CORP	COM	44267D107	792	7,000	SH		DFND	1	7,000	0	0
HUB GROUP INC	CL A	443320106	132	3,996	SH		SOLE		3,996	0	0
HUB GROUP INC	CL A	443320106	567	17,208	SH		DFND	1	17,208	0	0
IMMERSION CORP	COM	452521107	563	48,318	SH		SOLE		48,318	0	0
IMMERSION CORP	COM	452521107	2,002	171,698	SH		DFND	1	171,698	0	0
INGERSOLL-RAND PLC	SHS	G47791101	623	11,265	SH		SOLE		11,265	0	0
INGERSOLL-RAND PLC	SHS	G47791101	2,140	38,700	SH	Call	SOLE		38,700	0	0
INGERSOLL-RAND PLC	SHS	G47791101	1,392	25,173	SH		DFND	1	25,173	0	0
INGERSOLL-RAND PLC	SHS	G47791101	2,007	36,300	SH	Call	DFND	1	36,300	0	0
ISHARES TR	20+ YR TR BD ETF	464287432	1,555	12,900	SH	Call	SOLE		12,900	0	0
ISHARES TR	20+ YR TR BD ETF	464287432	1,459	12,100	SH	Call	DFND	1	12,100	0	0
ISHARES TR	US HOME CONS ETF	464288752	1,380	50,913	SH		SOLE		50,913	0	0
ISHARES TR	US HOME CONS ETF	464288752	2,427	89,556	SH		DFND	1	89,556	0	0
KEARNY FINL CORP MD	COM	48716P108	688	54,300	SH		SOLE		54,300	0	0
KEARNY FINL CORP MD	COM	48716P108	887	70,000	SH		DFND	1	70,000	0	0
KINDER MORGAN INC DEL	COM	49456B101	273	18,300	SH	Put	SOLE		18,300	0	0
KINDER MORGAN INC DEL	COM	49456B101	324	21,700	SH	Put	DFND	1	21,700	0	0
KITE PHARMA INC	COM	49803L109	930	15,100	SH	Put	SOLE		15,100	0	0
KITE PHARMA INC	COM	49803L109	1,226	19,900	SH	Put	DFND	1	19,900	0	0
LADDER CAP CORP	CL A	505743104	406	32,700	SH		SOLE		32,700	0	0
LADDER CAP CORP	CL A	505743104	410	33,000	SH		DFND	1	33,000	0	0
LAS VEGAS SANDS CORP	COM	517834107	833	19,000	SH	Put	SOLE		19,000	0	0
LAS VEGAS SANDS CORP	COM	517834107	701	16,000	SH	Put	DFND	1	16,000	0	0
LEXMARK INTL NEW	CL A	529771107	332	10,223	SH		SOLE		10,223	0	0
LEXMARK INTL NEW	CL A	529771107	1,428	44,001	SH		DFND	1	44,001	0	0
LUMENTUM HLDGS INC	COM	55024U109	650	29,509	SH		SOLE		29,509	0	0
LUMENTUM HLDGS INC	COM	55024U109	2,264	102,824	SH		DFND	1	102,824	0	0
MACYS INC	COM	55616P104	161	4,598	SH		SOLE		4,598	0	0
MACYS INC	COM	55616P104	682	19,487	SH		DFND	1	19,487	0	0
MADISON SQUARE GARDEN CO NEW	CL A	55825T103	560	3,461	SH		SOLE		3,461	0	0
MADISON SQUARE GARDEN CO NEW	CL A	55825T103	1,787	11,047	SH		DFND	1	11,047	0	0
MALLINCKRODT PUB LTD CO	SHS	G5785G107	1,642	22,000	SH	Put	SOLE		22,000	0	0
MALLINCKRODT PUB LTD CO	SHS	G5785G107	2,090	28,000	SH	Put	DFND	1	28,000	0	0
MELLANOX TECHNOLOGIES LTD	SHS	M51363113	82	1,956	SH		SOLE		1,956	0	0
MELLANOX TECHNOLOGIES LTD	SHS	M51363113	355	8,419	SH		DFND	1	8,419	0	0
MENS WEARHOUSE INC	COM	587118100	252	17,183	SH		SOLE		17,183	0	0
MENS WEARHOUSE INC	COM	587118100	661	45,000	SH	Call	SOLE		45,000	0	0
MENS WEARHOUSE INC	COM	587118100	1,065	72,516	SH		DFND	1	72,516	0	0
MENS WEARHOUSE INC	COM	587118100	1,541	105,000	SH	Call	DFND	1	105,000	0	0
MERCK & CO INC NEW	COM	58933Y105	327	6,183	SH		SOLE		6,183	0	0
MERCK & CO INC NEW	COM	58933Y105	1,399	26,490	SH		DFND	1	26,490	0	0
MGM RESORTS INTERNATIONAL	COM	552953101	342	15,051	SH		SOLE		15,051	0	0
MGM RESORTS INTERNATIONAL	COM	552953101	1,472	64,780	SH		DFND	1	64,780	0	0
MICRON TECHNOLOGY INC	COM	595112103	81	5,755	SH		SOLE		5,755	0	0
MICRON TECHNOLOGY INC	COM	595112103	351	24,770	SH		DFND	1	24,770	0	0
MICROSOFT CORP	COM	594918104	498	8,973	SH		SOLE		8,973	0	0
MICROSOFT CORP	COM	594918104	2,142	38,609	SH		DFND	1	38,609	0	0
MONSANTO CO NEW	COM	61166W101	2,522	25,600	SH	Call	SOLE		25,600	0	0
MONSANTO CO NEW	COM	61166W101	2,404	24,400	SH	Call	DFND	1	24,400	0	0
MURPHY USA INC	COM	626755102	286	4,714	SH		SOLE		4,714	0	0
MURPHY USA INC	COM	626755102	1,233	20,306	SH		DFND	1	20,306	0	0
NETFLIX INC	COM	64110L106	11,930	104,300	SH	Put	SOLE		104,300	0	0
NETFLIX INC	COM	64110L106	12,090	105,700	SH	Put	DFND	1	105,700	0	0
NETSCOUT SYS INC	COM	64115T104	155	5,064	SH		SOLE		5,064	0	0
NETSCOUT SYS INC	COM	64115T104	670	21,809	SH		DFND	1	21,809	0	0
NEW MTN FIN CORP	COM	647551100	107	8,200	SH		SOLE		8,200	0	0
NEW MTN FIN CORP	COM	647551100	189	14,500	SH		DFND	1	14,500	0	0
NEW RESIDENTIAL INVT CORP	COM NEW	64828T201	758	62,298	SH		SOLE		62,298	0	0
NEW RESIDENTIAL INVT CORP	COM NEW	64828T201	1,496	123,000	SH		DFND	1	123,000	0	0
NMI HLDGS INC	CL A	629209305	841	124,288	SH		SOLE		124,288	0	0
NMI HLDGS INC	CL A	629209305	1,286	190,000	SH		DFND	1	190,000	0	0
NOKIA CORP	SPONSORED ADR	654902204	130	18,504	SH		SOLE		18,504	0	0
NOKIA CORP	SPONSORED ADR	654902204	1,035	147,500	SH	Call	SOLE		147,500	0	0
NOKIA CORP	SPONSORED ADR	654902204	557	79,274	SH		DFND	1	79,274	0	0
NOKIA CORP	SPONSORED ADR	654902204	1,773	252,500	SH	Call	DFND	1	252,500	0	0
NORTHROP GRUMMAN CORP	COM	666807102	2,465	13,055	SH		SOLE		13,055	0	0
NORTHROP GRUMMAN CORP	COM	666807102	2,917	15,450	SH		DFND	1	15,450	0	0
NORTHSTAR REALTY EUROPE CORP	COM	66706L101	162	13,734	SH		SOLE		13,734	0	0
NORTHSTAR RLTY FIN CORP	COM	66704R803	607	35,620	SH		SOLE		35,620	0	0
NORTHSTAR RLTY FIN CORP	COM	66704R803	553	32,500	SH		DFND	1	32,500	0	0
O2MICRO INTERNATIONAL LTD	SPONS ADR	67107W100	42	29,440	SH		SOLE		29,440	0	0
O2MICRO INTERNATIONAL LTD	SPONS ADR	67107W100	174	123,519	SH		DFND	1	123,519	0	0
OCLARO INC	COM NEW	67555N206	257	73,931	SH		SOLE		73,931	0	0
OCLARO INC	COM NEW	67555N206	689	197,959	SH		DFND	1	197,959	0	0
OFS CAP CORP	COM	67103B100	315	27,400	SH		SOLE		27,400	0	0
OFS CAP CORP	COM	67103B100	310	27,000	SH		DFND	1	27,000	0	0
OLIN CORP	COM PAR $1	680665205	265	15,351	SH		SOLE		15,351	0	0
OLIN CORP	COM PAR $1	680665205	877	50,800	SH	Call	SOLE		50,800	0	0
OLIN CORP	COM PAR $1	680665205	1,141	66,100	SH		DFND	1	66,100	0	0
OLIN CORP	COM PAR $1	680665205	849	49,200	SH	Call	DFND	1	49,200	0	0
PACCAR INC	COM	693718108	2,503	52,800	SH	Put	SOLE		52,800	0	0
PACCAR INC	COM	693718108	2,237	47,200	SH	Put	DFND	1	47,200	0	0
PAR PACIFIC HOLDINGS INC	COM NEW	69888T207	133	5,631	SH		SOLE		5,631	0	0
PAR PACIFIC HOLDINGS INC	COM NEW	69888T207	428	18,164	SH		DFND	1	18,164	0	0
RACKSPACE HOSTING INC	COM	750086100	84	3,302	SH		SOLE		3,302	0	0
RACKSPACE HOSTING INC	COM	750086100	360	14,202	SH		DFND	1	14,202	0	0
REALNETWORKS INC	COM NEW	75605L708	56	13,209	SH		SOLE		13,209	0	0
REALNETWORKS INC	COM NEW	75605L708	243	57,193	SH		DFND	1	57,193	0	0
RESOURCE AMERICA INC	CL A	761195205	61	10,000	SH		SOLE	1	10,000	0	0
SALESFORCE COM INC	COM	79466L302	497	6,335	SH		SOLE		6,335	0	0
SALESFORCE COM INC	COM	79466L302	2,138	27,273	SH		DFND	1	27,273	0	0
SARATOGA INVT CORP	COM NEW	80349A208	378	24,492	SH		SOLE		24,492	0	0
SARATOGA INVT CORP	COM NEW	80349A208	278	18,000	SH		DFND	1	18,000	0	0
SEATTLE GENETICS INC	COM	812578102	583	13,000	SH	Put	SOLE		13,000	0	0
SEATTLE GENETICS INC	COM	812578102	763	17,000	SH	Put	DFND	1	17,000	0	0
SMITH A O	COM	831865209	4,305	56,200	SH	Put	SOLE		56,200	0	0
SMITH A O	COM	831865209	3,356	43,800	SH	Put	DFND	1	43,800	0	0
SOLAR CAP LTD	COM	83413U100	989	60,180	SH		SOLE		60,180	0	0
SOLAR CAP LTD	COM	83413U100	1,439	87,555	SH		DFND	1	87,555	0	0
SPDR GOLD TRUST	GOLD SHS	78463V107	13,454	132,600	SH	Call	SOLE		132,600	0	0
SPDR GOLD TRUST	GOLD SHS	78463V107	16,984	167,400	SH	Call	DFND	1	167,400	0	0
SPDR S&P 500 ETF TR	TR UNIT	78462F103	16,350	80,200	SH	Call	SOLE		80,200	0	0
SPDR S&P 500 ETF TR	TR UNIT	78462F103	22,385	109,800	SH	Call	DFND	1	109,800	0	0
SPDR SERIES TRUST	BRC HGH YLD BD	78464A417	423	12,484	SH		SOLE		12,484	0	0
SPDR SERIES TRUST	BRC HGH YLD BD	78464A417	419	12,357	SH		DFND	1	12,357	0	0
TCP CAP CORP	COM	87238Q103	443	31,830	SH		SOLE		31,830	0	0
TCP CAP CORP	COM	87238Q103	801	57,500	SH		DFND	1	57,500	0	0
TERADYNE INC	COM	880770102	495	23,947	SH		SOLE		23,947	0	0
TERADYNE INC	COM	880770102	2,130	103,072	SH		DFND	1	103,072	0	0
TESLA MTRS INC	COM	88160R101	744	3,100	SH	Put	SOLE		3,100	0	0
TESLA MTRS INC	COM	88160R101	936	3,900	SH	Put	DFND	1	3,900	0	0
THL CR INC	COM	872438106	423	39,490	SH		SOLE		39,490	0	0
THL CR INC	COM	872438106	642	60,000	SH		DFND	1	60,000	0	0
TICC CAPITAL CORP	COM	87244T109	68	11,254	SH		SOLE		11,254	0	0
TRAVELCENTERS AMER LLC	COM	894174101	253	26,918	SH		SOLE		26,918	0	0
TRAVELCENTERS AMER LLC	COM	894174101	1,085	115,463	SH		DFND	1	115,463	0	0
TRIPLEPOINT VENTURE GROWTH B	COM	89677Y100	1,058	88,493	SH		SOLE		88,493	0	0
TRIPLEPOINT VENTURE GROWTH B	COM	89677Y100	1,724	144,137	SH		DFND	1	144,137	0	0
TYCO INTL PLC	SHS	G91442106	211	6,612	SH		SOLE		6,612	0	0
TYCO INTL PLC	SHS	G91442106	908	28,472	SH		DFND	1	28,472	0	0
UNITED ONLINE INC	COM NEW	911268209	1,399	118,676	SH		SOLE		118,676	0	0
UNITED ONLINE INC	COM NEW	911268209	1,676	142,128	SH		DFND	1	142,128	0	0
VALEANT PHARMACEUTICALS INTL	COM	91911K102	661	6,500	SH	Put	SOLE		6,500	0	0
VALEANT PHARMACEUTICALS INTL	COM	91911K102	864	8,500	SH	Put	DFND	1	8,500	0	0
VONAGE HLDGS CORP	COM	92886T201	421	73,372	SH		SOLE		73,372	0	0
VONAGE HLDGS CORP	COM	92886T201	1,388	241,798	SH		DFND	1	241,798	0	0
VULCAN MATLS CO	COM	929160109	288	3,037	SH		SOLE		3,037	0	0
VULCAN MATLS CO	COM	929160109	1,241	13,068	SH		DFND	1	13,068	0	0
WAL-MART STORES INC	COM	931142103	1,224	19,964	SH		SOLE		19,964	0	0
WAL-MART STORES INC	COM	931142103	2,094	34,152	SH		DFND	1	34,152	0	0
WCI CMNTYS INC	COM PAR $0.01	92923C807	176	7,888	SH		SOLE		7,888	0	0
WCI CMNTYS INC	COM PAR $0.01	92923C807	690	30,966	SH		DFND	1	30,966	0	0
WHOLE FOODS MKT INC	COM	966837106	238	7,094	SH		SOLE		7,094	0	0
WHOLE FOODS MKT INC	COM	966837106	1,022	30,510	SH		DFND	1	30,510	0	0
WISDOMTREE TR	EM LCL DEBT FD	97717X867	239	6,975	SH		SOLE		6,975	0	0
WISDOMTREE TR	EM LCL DEBT FD	97717X867	1,024	29,884	SH		DFND	1	29,884	0	0
XILINX INC	COM	983919101	159	3,381	SH		SOLE		3,381	0	0
XILINX INC	COM	983919101	684	14,552	SH		DFND	1	14,552	0	0