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
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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
ACTIVISION BLIZZARD INC	COM	00507V109	130	3,827	SH		SOLE		3,827	0	0
ACTIVISION BLIZZARD INC	COM	00507V109	468	13,818	SH		DFND	1	13,818	0	0
AERCAP HOLDINGS NV	SHS	N00985106	589	15,200	SH		SOLE		15,200	0	0
AERCAP HOLDINGS NV	SHS	N00985106	736	19,000	SH		DFND	1	19,000	0	0
ALBEMARLE CORP	COM	012653101	189	2,953	SH		SOLE		2,953	0	0
ALBEMARLE CORP	COM	012653101	681	10,654	SH		DFND	1	10,654	0	0
ALCENTRA CAP CORP	COM	01374T102	250	21,500	SH		SOLE		21,500	0	0
ALCENTRA CAP CORP	COM	01374T102	453	38,972	SH		DFND	1	38,972	0	0
ALPHABET INC	CAP STK CL A	02079K305	643	843	SH		SOLE		843	0	0
ALPHABET INC	CAP STK CL A	02079K305	2,312	3,030	SH		DFND	1	3,030	0	0
AMAG PHARMACEUTICALS INC	COM	00163U106	211	9,000	SH		SOLE		9,000	0	0
AMAG PHARMACEUTICALS INC	COM	00163U106	749	32,000	SH		DFND	1	32,000	0	0
AMERICAN CAP LTD	COM	02503Y103	752	49,364	SH		SOLE		49,364	0	0
AMERICAN CAP LTD	COM	02503Y103	1,524	100,000	SH		DFND	1	100,000	0	0
AMERICAN EQTY INVT LIFE HLD	COM	025676206	479	28,500	SH		SOLE		28,500	0	0
AMERICAN EQTY INVT LIFE HLD	COM	025676206	91	5,400	SH	Call	SOLE		5,400	0	0
AMERICAN EQTY INVT LIFE HLD	COM	025676206	1,042	62,000	SH		DFND	1	62,000	0	0
AMERICAN EQTY INVT LIFE HLD	COM	025676206	329	19,600	SH	Call	DFND	1	19,600	0	0
APPLE INC	COM	037833100	741	6,797	SH		SOLE		6,797	0	0
APPLE INC	COM	037833100	2,641	24,228	SH		DFND	1	24,228	0	0
ARBUTUS BIOPHARMA CORP	COM	03879J100	182	44,165	SH		SOLE		44,165	0	0
ARBUTUS BIOPHARMA CORP	COM	03879J100	643	155,730	SH		DFND	1	155,730	0	0
ARES COML REAL ESTATE CORP	COM	04013V108	387	35,370	SH		SOLE		35,370	0	0
ARES COML REAL ESTATE CORP	COM	04013V108	438	40,000	SH		DFND	1	40,000	0	0
ASSEMBLY BIOSCIENCES INC	COM	045396108	63	12,500	SH		SOLE		12,500	0	0
ASSEMBLY BIOSCIENCES INC	COM	045396108	223	44,362	SH		DFND	1	44,362	0	0
B RILEY FINL INC	COM	05580M108	4,876	464,400	SH		SOLE		464,400	0	0
B RILEY FINL INC	COM	05580M108	4,615	439,535	SH		DFND	1	439,535	0	0
BENEFICIAL BANCORP INC	COM	08171T102	813	59,410	SH		SOLE		59,410	0	0
BENEFICIAL BANCORP INC	COM	08171T102	1,095	80,000	SH		DFND	1	80,000	0	0
BLACKHAWK NETWORK HLDGS INC	COM	09238E104	65	1,899	SH		SOLE		1,899	0	0
BLACKHAWK NETWORK HLDGS INC	COM	09238E104	236	6,868	SH		DFND	1	6,868	0	0
BLACKSTONE MTG TR INC	COM CL A	09257W100	274	10,200	SH		SOLE		10,200	0	0
BLACKSTONE MTG TR INC	COM CL A	09257W100	457	17,000	SH		DFND	1	17,000	0	0
BLUE HILLS BANCORP INC	COM	095573101	621	45,425	SH		SOLE		45,425	0	0
BLUE HILLS BANCORP INC	COM	095573101	998	73,000	SH		DFND	1	73,000	0	0
BOEING CO	COM	097023105	4,443	35,000	SH	Put	SOLE		35,000	0	0
BOEING CO	COM	097023105	1,269	10,000	SH	Put	DFND	1	10,000	0	0
BOOZ ALLEN HAMILTON HLDG COR	CL A	099502106	185	6,106	SH		SOLE		6,106	0	0
BOOZ ALLEN HAMILTON HLDG COR	CL A	099502106	667	22,026	SH		DFND	1	22,026	0	0
BROCADE COMMUNICATIONS SYS I	COM NEW	111621306	182	17,230	SH		SOLE		17,230	0	0
BROCADE COMMUNICATIONS SYS I	COM NEW	111621306	650	61,417	SH		DFND	1	61,417	0	0
BROOKFIELD INFRAST PARTNERS	LP INT UNIT	G16252101	2,890	68,600	SH	Put	SOLE		68,600	0	0
BROOKFIELD INFRAST PARTNERS	LP INT UNIT	G16252101	1,323	31,400	SH	Put	DFND	1	31,400	0	0
BWX TECHNOLOGIES INC	COM	05605H100	240	7,153	SH		SOLE		7,153	0	0
BWX TECHNOLOGIES INC	COM	05605H100	861	25,644	SH		DFND	1	25,644	0	0
CACI INTL INC	CL A	127190304	133	1,247	SH		SOLE		1,247	0	0
CACI INTL INC	CL A	127190304	478	4,479	SH		DFND	1	4,479	0	0
CAPITAL SOUTHWEST CORP	COM	140501107	276	19,900	SH		SOLE		19,900	0	0
CAPITAL SOUTHWEST CORP	COM	140501107	582	41,943	SH		DFND	1	41,943	0	0
CISCO SYS INC	COM	17275R102	497	17,471	SH		SOLE		17,471	0	0
CISCO SYS INC	COM	17275R102	1,773	62,277	SH		DFND	1	62,277	0	0
COVISINT CORP	COM	22357R103	1,920	959,925	SH		SOLE		959,925	0	0
COVISINT CORP	COM	22357R103	1,630	815,000	SH		DFND	1	815,000	0	0
CREDIT ACCEP CORP MICH	COM	225310101	801	4,410	SH		SOLE		4,410	0	0
CREDIT ACCEP CORP MICH	COM	225310101	508	2,800	SH		DFND	1	2,800	0	0
CSRA INC	COM	12650T104	135	5,023	SH		SOLE		5,023	0	0
CSRA INC	COM	12650T104	485	18,048	SH		DFND	1	18,048	0	0
ELDORADO RESORTS INC	COM	28470R102	99	8,617	SH		SOLE		8,617	0	0
ELDORADO RESORTS INC	COM	28470R102	353	30,880	SH		DFND	1	30,880	0	0
EURONAV NV ANTWERPEN	SHS	B38564108	236	23,043	SH		SOLE		23,043	0	0
EURONAV NV ANTWERPEN	SHS	B38564108	846	82,656	SH		DFND	1	82,656	0	0
FACEBOOK INC	CL A	30303M102	389	3,411	SH		SOLE		3,411	0	0
FACEBOOK INC	CL A	30303M102	1,398	12,254	SH		DFND	1	12,254	0	0
FIRST CONN BANCORP INC MD	COM	319850103	134	8,400	SH		SOLE		8,400	0	0
FIRST CONN BANCORP INC MD	COM	319850103	319	20,000	SH		DFND	1	20,000	0	0
FORMFACTOR INC	COM	346375108	135	18,546	SH		SOLE		18,546	0	0
FORMFACTOR INC	COM	346375108	486	66,882	SH		DFND	1	66,882	0	0
GLU MOBILE INC	COM	379890106	56	19,706	SH		SOLE		19,706	0	0
GLU MOBILE INC	COM	379890106	201	71,281	SH		DFND	1	71,281	0	0
GRAMERCY PPTY TR	COM	385002100	774	91,648	SH		SOLE		91,648	0	0
GRAMERCY PPTY TR	COM	385002100	1,099	130,000	SH		DFND	1	130,000	0	0
GREEN DOT CORP	CL A	39304D102	5,716	248,835	SH		SOLE		248,835	0	0
GREEN DOT CORP	CL A	39304D102	2,653	115,507	SH		DFND	1	115,507	0	0
GW PHARMACEUTICALS PLC	ADS	36197T103	252	3,500	SH		SOLE		3,500	0	0
HC2 HLDGS INC	COM	404139107	706	184,700	SH		SOLE		184,700	0	0
HC2 HLDGS INC	COM	404139107	825	216,000	SH		DFND	1	216,000	0	0
IAC INTERACTIVECORP	COM	44919P508	189	4,013	SH		SOLE		4,013	0	0
IAC INTERACTIVECORP	COM	44919P508	679	14,417	SH		DFND	1	14,417	0	0
ICAHN ENTERPRISES LP	DEPOSITARY UNIT	451100101	1,021	16,200	SH	Put	SOLE		16,200	0	0
ICAHN ENTERPRISES LP	DEPOSITARY UNIT	451100101	870	13,800	SH	Put	DFND	1	13,800	0	0
IMMERSION CORP	COM	452521107	175	21,189	SH		SOLE		21,189	0	0
IMMERSION CORP	COM	452521107	599	72,482	SH		DFND	1	72,482	0	0
INOVIO PHARMACEUTICALS INC	COM NEW	45773H201	1,325	152,100	SH		SOLE		152,100	0	0
INOVIO PHARMACEUTICALS INC	COM NEW	45773H201	853	97,900	SH		DFND	1	97,900	0	0
INPHI CORP	COM	45772F107	371	11,127	SH		SOLE		11,127	0	0
INPHI CORP	COM	45772F107	1,339	40,172	SH		DFND	1	40,172	0	0
INSYS THERAPEUTICS INC NEW	COM NEW	45824V209	601	37,600	SH		SOLE		37,600	0	0
INSYS THERAPEUTICS INC NEW	COM NEW	45824V209	671	41,950	SH		DFND	1	41,950	0	0
INTEL CORP	COM	458140100	385	11,913	SH		SOLE		11,913	0	0
INTEL CORP	COM	458140100	1,384	42,797	SH		DFND	1	42,797	0	0
KEARNY FINL CORP MD	COM	48716P108	527	42,650	SH		SOLE		42,650	0	0
KEARNY FINL CORP MD	COM	48716P108	618	50,000	SH		DFND	1	50,000	0	0
L-3 COMMUNICATIONS HLDGS INC	COM	502424104	1,395	11,776	SH		SOLE		11,776	0	0
L-3 COMMUNICATIONS HLDGS INC	COM	502424104	651	5,495	SH		DFND	1	5,495	0	0
LEIDOS HLDGS INC	COM	525327102	186	3,698	SH		SOLE		3,698	0	0
LEIDOS HLDGS INC	COM	525327102	671	13,338	SH		DFND	1	13,338	0	0
LEXMARK INTL INC	CL A	529771107	448	13,415	SH		SOLE		13,415	0	0
LEXMARK INTL INC	CL A	529771107	1,619	48,432	SH		DFND	1	48,432	0	0
LOCKHEED MARTIN CORP	COM	539830109	310	1,400	SH		SOLE		1,400	0	0
LOCKHEED MARTIN CORP	COM	539830109	1,134	5,120	SH		DFND	1	5,120	0	0
LUMENTUM HLDGS INC	COM	55024U109	614	22,779	SH		SOLE		22,779	0	0
LUMENTUM HLDGS INC	COM	55024U109	2,208	81,884	SH		DFND	1	81,884	0	0
MACYS INC	COM	55616P104	185	4,200	SH		SOLE		4,200	0	0
MACYS INC	COM	55616P104	661	15,000	SH		DFND	1	15,000	0	0
MADISON SQUARE GARDEN CO NEW	CL A	55825T103	408	2,450	SH		SOLE		2,450	0	0
MADISON SQUARE GARDEN CO NEW	CL A	55825T103	842	5,064	SH		DFND	1	5,064	0	0
MALLINCKRODT PUB LTD CO	SHS	G5785G107	1,256	20,504	SH		SOLE		20,504	0	0
MALLINCKRODT PUB LTD CO	SHS	G5785G107	582	9,496	SH		DFND	1	9,496	0	0
MARVELL TECHNOLOGY GROUP LTD	ORD	G5876H105	435	42,212	SH		SOLE		42,212	0	0
MARVELL TECHNOLOGY GROUP LTD	ORD	G5876H105	1,551	150,467	SH		DFND	1	150,467	0	0
MELLANOX TECHNOLOGIES LTD	SHS	M51363113	368	6,773	SH		SOLE		6,773	0	0
MELLANOX TECHNOLOGIES LTD	SHS	M51363113	1,329	24,453	SH		DFND	1	24,453	0	0
MGM RESORTS INTERNATIONAL	COM	552953101	128	5,948	SH		SOLE		5,948	0	0
MGM RESORTS INTERNATIONAL	COM	552953101	460	21,457	SH		DFND	1	21,457	0	0
MICROSOFT CORP	COM	594918104	265	4,806	SH		SOLE		4,806	0	0
MICROSOFT CORP	COM	594918104	954	17,265	SH		DFND	1	17,265	0	0
MUELLER WTR PRODS INC	COM SER A	624758108	510	51,604	SH		SOLE		51,604	0	0
MUELLER WTR PRODS INC	COM SER A	624758108	1,839	186,158	SH		DFND	1	186,158	0	0
NEW RESIDENTIAL INVT CORP	COM NEW	64828T201	400	34,390	SH		SOLE		34,390	0	0
NEW RESIDENTIAL INVT CORP	COM NEW	64828T201	465	40,000	SH		DFND	1	40,000	0	0
NEWS CORP NEW	CL A	65249B109	277	21,730	SH		SOLE		21,730	0	0
NEWS CORP NEW	CL A	65249B109	1,000	78,270	SH		DFND	1	78,270	0	0
NMI HLDGS INC	CL A	629209305	2,201	435,762	SH		SOLE		435,762	0	0
NMI HLDGS INC	CL A	629209305	1,096	217,000	SH		DFND	1	217,000	0	0
NORTHROP GRUMMAN CORP	COM	666807102	4,548	22,981	SH		SOLE		22,981	0	0
NORTHROP GRUMMAN CORP	COM	666807102	1,527	7,717	SH		DFND	1	7,717	0	0
NORTHSTAR ASSET MGMT GROUP I	COM	66705Y104	426	37,510	SH		SOLE		37,510	0	0
NORTHSTAR ASSET MGMT GROUP I	COM	66705Y104	851	75,000	SH		DFND	1	75,000	0	0
NORTHSTAR RLTY FIN CORP	COM	66704R803	395	30,140	SH		SOLE		30,140	0	0
NORTHSTAR RLTY FIN CORP	COM	66704R803	525	40,000	SH		DFND	1	40,000	0	0
NOVOCURE LTD	ORD SHS	G6674U108	145	10,000	SH		SOLE		10,000	0	0
OCLARO INC	COM NEW	67555N206	200	37,103	SH		SOLE		37,103	0	0
OCLARO INC	COM NEW	67555N206	723	133,828	SH		DFND	1	133,828	0	0
OLIN CORP	COM PAR $1	680665205	212	12,214	SH		SOLE		12,214	0	0
OLIN CORP	COM PAR $1	680665205	765	44,063	SH		DFND	1	44,063	0	0
RAYTHEON CO	COM NEW	755111507	268	2,185	SH		SOLE		2,185	0	0
RAYTHEON CO	COM NEW	755111507	950	7,750	SH		DFND	1	7,750	0	0
SALESFORCE COM INC	COM	79466L302	252	3,412	SH		SOLE		3,412	0	0
SALESFORCE COM INC	COM	79466L302	910	12,319	SH		DFND	1	12,319	0	0
SHERWIN WILLIAMS CO	COM	824348106	256	900	SH		SOLE		900	0	0
SHERWIN WILLIAMS CO	COM	824348106	925	3,250	SH		DFND	1	3,250	0	0
SKYWORKS SOLUTIONS INC	COM	83088M102	209	2,684	SH		SOLE		2,684	0	0
SKYWORKS SOLUTIONS INC	COM	83088M102	751	9,641	SH		DFND	1	9,641	0	0
SOLAR CAP LTD	COM	83413U100	971	56,220	SH		SOLE		56,220	0	0
SOLAR CAP LTD	COM	83413U100	1,728	100,000	SH		DFND	1	100,000	0	0
SPDR GOLD TRUST	GOLD SHS	78463V107	18,164	154,400	SH	Call	SOLE		154,400	0	0
SPDR GOLD TRUST	GOLD SHS	78463V107	10,352	88,000	SH	Call	DFND	1	88,000	0	0
SPDR S&P 500 ETF TR	TR UNIT	78462F103	21,312	103,700	SH		SOLE		103,700	0	0
SPDR S&P 500 ETF TR	TR UNIT	78462F103	10,831	52,700	SH		DFND	1	52,700	0	0
SPX CORP	COM	784635104	157	10,404	SH		SOLE		10,404	0	0
SUPERNUS PHARMACEUTICALS INC	COM	868459108	73	4,800	SH		SOLE		4,800	0	0
SUPERNUS PHARMACEUTICALS INC	COM	868459108	265	17,400	SH		DFND	1	17,400	0	0
TAILORED BRANDS INC	COM	87403A107	57	3,200	SH		SOLE		3,200	0	0
TAILORED BRANDS INC	COM	87403A107	211	11,800	SH		DFND	1	11,800	0	0
TCP CAP CORP	COM	87238Q103	545	36,564	SH		SOLE		36,564	0	0
TCP CAP CORP	COM	87238Q103	895	60,000	SH		DFND	1	60,000	0	0
TERADYNE INC	COM	880770102	372	17,238	SH		SOLE		17,238	0	0
TERADYNE INC	COM	880770102	1,344	62,231	SH		DFND	1	62,231	0	0
TERRITORIAL BANCORP INC	COM	88145X108	112	4,300	SH		SOLE		4,300	0	0
TERRITORIAL BANCORP INC	COM	88145X108	287	11,000	SH		DFND	1	11,000	0	0
TESLA MTRS INC	COM	88160R101	4,757	20,704	SH		SOLE		20,704	0	0
TESLA MTRS INC	COM	88160R101	3,515	15,300	SH		DFND	1	15,300	0	0
THL CR INC	COM	872438106	560	51,740	SH		SOLE		51,740	0	0
THL CR INC	COM	872438106	975	90,000	SH		DFND	1	90,000	0	0
TICC CAPITAL CORP	COM	87244T109	94	19,600	SH		SOLE		19,600	0	0
TICC CAPITAL CORP	COM	87244T109	219	45,700	SH		DFND	1	45,700	0	0
TRIPLEPOINT VENTURE GROWTH B	COM	89677Y100	1,162	110,712	SH		SOLE		110,712	0	0
TRIPLEPOINT VENTURE GROWTH B	COM	89677Y100	1,371	130,590	SH		DFND	1	130,590	0	0
UNITED ONLINE INC	COM NEW	911268209	2,777	240,680	SH		SOLE		240,680	0	0
UNITED ONLINE INC	COM NEW	911268209	2,066	179,000	SH		DFND	1	179,000	0	0
VONAGE HLDGS CORP	COM	92886T201	251	54,904	SH		SOLE		54,904	0	0
VONAGE HLDGS CORP	COM	92886T201	906	198,212	SH		DFND	1	198,212	0	0
WAL-MART STORES INC	COM	931142103	171	2,500	SH		SOLE		2,500	0	0
WAL-MART STORES INC	COM	931142103	616	9,000	SH		DFND	1	9,000	0	0
WCI CMNTYS INC	COM PAR $0.01	92923C807	158	8,528	SH		SOLE		8,528	0	0
WCI CMNTYS INC	COM PAR $0.01	92923C807	520	27,998	SH		DFND	1	27,998	0	0
WHOLE FOODS MKT INC	COM	966837106	300	9,645	SH		SOLE		9,645	0	0
WHOLE FOODS MKT INC	COM	966837106	1,070	34,380	SH		DFND	1	34,380	0	0
XILINX INC	COM	983919101	185	3,894	SH		SOLE		3,894	0	0
XILINX INC	COM	983919101	663	13,972	SH		DFND	1	13,972	0	0
ZAYO GROUP HLDGS INC	COM	98919V105	259	10,671	SH		SOLE		10,671	0	0
ZAYO GROUP HLDGS INC	COM	98919V105	922	38,037	SH		DFND	1	38,037	0	0