CQS Cayman 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
21VIANET GROUP INC	SPONSORED ADR	90138A103	3,694	180,000	SH		DFND	1 2 3 4 5	0	180,000	0
ACHAOGEN INC	COM	004449104	608	100,850	SH		DFND	1 2 3 4 5	0	100,850	0
ADAPTIMMUNE THERAPEUTICS PLC	SPONDS ADR	00653A107	231	12,558	SH		DFND	1 2 3 4 5	0	12,558	0
AGILENT TECHNOLOGIES INC	COM	00846U101	338	8,750	SH		DFND	1 2 3 4 5	0	8,750	0
AIRGAS INC	COM	009363102	15,867	150,000	SH	Call	DFND	1 2 3 4 5	0	150,000	0
ALLERGAN PLC	SHS	G0177J108	607	2,000	SH		DFND	1 2 3 4 5	0	2,000	0
ALTERA CORP	COM	021441100	3,072	60,000	SH		DFND	1 2 3 4 5	0	60,000	0
ALTISOURCE PORTFOLIO SOLNS S	REG SHS	L0175J104	13,968	453,668	SH		DFND	1 2 3 4 5	0	453,668	0
ANADARKO PETE CORP	COM	032511107	1,179	15,100	SH		DFND	1 2 3 4 5	0	15,100	0
ANADARKO PETE CORP	UNIT 99/99/9999	032511404	37,478	742,500	PRN		DFND	1 2 3 4 5	0	0	0
ANTHEM INC	UNIT 05/01/20188	036752202	13,225	250,000	SH		DFND	1 2 3 4 5	0	250,000	0
APPLE INC	COM	037833100	7,396	58,968	SH		DFND	1 2 3 4 5	0	58,968	0
AVIANCA HLDGS SA	SPON ADR REP PFD	05367G100	3,409	332,912	SH		DFND	1 2 3 4 5	0	332,912	0
BAKER HUGHES INC	COM	057224107	3,595	58,259	SH		DFND	1 2 3 4 5	0	58,259	0
BANCO SANTANDER CHILE NEW	SP ADR REP COM	05965X109	508	25,100	SH		DFND	1 2 3 4 5	0	25,100	0
BARCLAYS BK PLC	IPATH S&P500 VIX	06742E711	1,015	50,507	SH		DFND	1 2 3 4 5	0	50,507	0
BEAZER HOMES USA INC	COM NEW	07556Q881	1,696	85,000	SH		DFND	1 2 3 4 5	0	85,000	0
BECTON DICKINSON & CO	COM	075887109	248	1,750	SH		DFND	1 2 3 4 5	0	1,750	0
BHP BILLITON LTD	SPONSORED ADR	088606108	3,870	95,709	SH		DFND	1 2 3 4 5	0	95,709	0
BIOMARIN PHARMACEUTICAL INC	COM	09061G101	5,471	40,000	SH		DFND	1 2 3 4 5	0	40,000	0
BOEING CO	COM	097023105	13,872	100,000	SH	Put	DFND	1 2 3 4 5	0	100,000	0
BOEING CO	COM	097023105	7,546	54,400	SH		DFND	1 2 3 4 5	0	54,400	0
BOSTON SCIENTIFIC CORP	COM	101137107	1,328	75,000	SH		DFND	1 2 3 4 5	0	75,000	0
BROADCOM CORP	CL A	111320107	9,149	177,700	SH		DFND	1 2 3 4 5	0	177,700	0
CANADIAN SOLAR INC	COM	136635109	1,430	50,000	SH		DFND	1 2 3 4 5	0	50,000	0
CANADIAN SOLAR INC	NOTE 4.250% 2/1	136635AE9	3,018	3,000,000	PRN		DFND	1 2 3 4 5	0	0	0
CARDTRONICS INC	NOTE 1.000%12/0	14161HAG3	10,821	10,900,000	PRN		DFND	1 2 3 4 5	0	0	0
CARNIVAL CORP	PAIRED CTF	143658300	33,836	685,478	SH		DFND	1 2 3 4 5	0	685,478	0
CATAMARAN CORP	COM	148887102	7,024	115,000	SH		DFND	1 2 3 4 5	0	115,000	0
CAVIUM INC	COM	14964U108	399	5,803	SH		DFND	1 2 3 4 5	0	5,803	0
CHECK POINT SOFTWARE TECH LT	ORD	M22465104	15,910	200,000	SH	Call	DFND	1 2 3 4 5	0	200,000	0
CHEVRON CORP NEW	COM	166764100	19,294	200,000	SH	Call	DFND	1 2 3 4 5	0	200,000	0
CIENA CORP	COM NEW	171779309	4,831	204,000	SH		DFND	1 2 3 4 5	0	204,000	0
CIENA CORP	COM NEW	171779309	9,472	400,000	SH	Put	DFND	1 2 3 4 5	0	400,000	0
CIGNA CORPORATION	COM	125509109	3,650	22,528	SH		DFND	1 2 3 4 5	0	22,528	0
CITIGROUP INC	COM NEW	172967424	2,210	40,000	SH		DFND	1 2 3 4 5	0	40,000	0
COGNEX CORP	COM	192422103	6,253	130,000	SH		DFND	1 2 3 4 5	0	130,000	0
COMMUNITY HEALTH SYS INC NEW	RIGHT 01/27/2016	203668116	37	2,500,000	SH		DFND	1 2 3 4 5	0	2,500,000	0
COPA HOLDINGS SA	CL A	P31076105	1,875	22,704	SH		DFND	1 2 3 4 5	0	22,704	0
CORPBANCA	SPONSORED ADR	21987A209	963	58,302	SH		DFND	1 2 3 4 5	0	58,302	0
CREDICORP LTD	COM	G2519Y108	2,334	16,800	SH		DFND	1 2 3 4 5	0	16,800	0
CYNAPSUS THERAPEUTICS INC	COM PAR NO PAR	23257Y859	481	29,500	SH		DFND	1 2 3 4 5	0	29,500	0
DBX ETF TR	DBXTR HAR CS 300	233051879	624	13,567	SH		DFND	1 2 3 4 5	0	13,567	0
DELTA AIR LINES INC DEL	COM NEW	247361702	10,397	253,100	SH		DFND	1 2 3 4 5	0	253,100	0
DELTA AIR LINES INC DEL	COM NEW	247361702	16,432	400,000	SH	Put	DFND	1 2 3 4 5	0	400,000	0
DIAGEO P L C	SPON ADR NEW	25243Q205	1,218	10,500	SH		DFND	1 2 3 4 5	0	10,500	0
DIRECTV	COM	25490A309	5,568	60,000	SH		DFND	1 2 3 4 5	0	60,000	0
DISCOVERY COMMUNICATNS NEW	COM SER C	25470F302	77,814	2,503,684	SH		DFND	1 2 3 4 5	0	2,503,684	0
DRESSER-RAND GROUP INC	COM	261608103	2,555	30,000	SH		DFND	1 2 3 4 5	0	30,000	0
DYNAVAX TECHNOLOGIES CORP	COM NEW	268158201	1,968	84,000	SH		DFND	1 2 3 4 5	0	84,000	0
EASTMAN CHEM CO	COM	277432100	16,364	200,000	SH	Call	DFND	1 2 3 4 5	0	200,000	0
EASTMAN CHEM CO	COM	277432100	8,182	100,000	SH	Put	DFND	1 2 3 4 5	0	100,000	0
ENERGY FUELS INC	COM NEW	292671708	2,412	541,997	SH		DFND	1 2 3 4 5	0	541,997	0
EXPEDIA INC DEL	COM NEW	30212P303	16,403	150,000	SH	Put	DFND	1 2 3 4 5	0	150,000	0
FACEBOOK INC	CL A	30303M102	2,272	26,490	SH		DFND	1 2 3 4 5	0	26,490	0
FACEBOOK INC	CL A	30303M102	17,154	200,000	SH	Put	DFND	1 2 3 4 5	0	200,000	0
FAMILY DLR STORES INC	COM	307000109	5,123	65,000	SH		DFND	1 2 3 4 5	0	65,000	0
FEDEX CORP	COM	31428X106	2,317	13,600	SH		DFND	1 2 3 4 5	0	13,600	0
FEDEX CORP	COM	31428X106	17,040	100,000	SH	Put	DFND	1 2 3 4 5	0	100,000	0
FIDELITY NATIONAL FINANCIAL	NOTE 4.250% 8/1	31620RAE5	77,894	37,500,000	PRN		DFND	1 2 3 4 5	0	0	0
FREESCALE SEMICONDUCTOR LTD	SHS	G3727Q101	7,856	196,548	SH		DFND	1 2 3 4 5	0	196,548	0
FX ENERGY INC	9.25% PFD SER B	302695309	221	15,000	SH		DFND	1 2 3 4 5	0	15,000	0
GILEAD SCIENCES INC	NOTE 1.625% 5/0	375558AP8	16,495	3,200,000	PRN		DFND	1 2 3 4 5	0	0	0
GOOGLE INC	CL C	38259P706	2,141	4,113	SH		DFND	1 2 3 4 5	0	4,113	0
GW PHARMACEUTICALS PLC	ADS	36197T103	2,150	17,500	SH		DFND	1 2 3 4 5	0	17,500	0
HCC INS HLDGS INC	COM	404132102	5,997	78,049	SH		DFND	1 2 3 4 5	0	78,049	0
HESS CORP	COM	42809H107	13,376	200,000	SH	Call	DFND	1 2 3 4 5	0	200,000	0
HEWLETT PACKARD CO	COM	428236103	1,200	40,000	SH		DFND	1 2 3 4 5	0	40,000	0
HOSPIRA INC	COM	441060100	5,101	57,500	SH		DFND	1 2 3 4 5	0	57,500	0
HOVNANIAN ENTERPRISES INC	CL A	442487203	2,394	900,000	SH		DFND	1 2 3 4 5	0	900,000	0
HOVNANIAN ENTERPRISES INC	CL A	442487203	266	100,000	SH	Call	DFND	1 2 3 4 5	0	100,000	0
IGATE CORP	COM	45169U105	4,054	85,000	SH		DFND	1 2 3 4 5	0	85,000	0
ILLUMINA INC	COM	452327109	8,829	40,434	SH		DFND	1 2 3 4 5	0	40,434	0
INFORMATICA CORP	COM	45666Q102	9,113	188,008	SH		DFND	1 2 3 4 5	0	188,008	0
INTEL CORP	SDCV 3.250% 8/0	458140AF7	19,968	13,000,000	PRN		DFND	1 2 3 4 5	0	0	0
ITAU UNIBANCO HLDG SA	SPON ADR REP PFD	465562106	4,260	389,045	SH		DFND	1 2 3 4 5	0	389,045	0
JAZZ PHARMACEUTICALS PLC	SHS USD	G50871105	13,073	74,250	SH		DFND	1 2 3 4 5	0	74,250	0
JETBLUE AIRWAYS CORP	COM	477143101	52,368	2,522,577	SH		DFND	1 2 3 4 5	0	2,522,577	0
JUNIPER NETWORKS INC	COM	48203R104	1,299	50,000	SH		DFND	1 2 3 4 5	0	50,000	0
JUNO THERAPEUTICS INC	COM	48205A109	1,333	25,000	SH		DFND	1 2 3 4 5	0	25,000	0
KYTHERA BIOPHARMACEUTICALS I	COM	501570105	941	12,500	SH		DFND	1 2 3 4 5	0	12,500	0
LAM RESEARCH CORP	COM	512807108	3,108	38,200	SH		DFND	1 2 3 4 5	0	38,200	0
LENNAR CORP	CL A	526057104	3,598	70,501	SH		DFND	1 2 3 4 5	0	70,501	0
LENNAR CORP	CL A	526057104	25,520	500,000	SH	Put	DFND	1 2 3 4 5	0	500,000	0
LIBERTY BROADBAND CORP	COM SER A	530307107	3,158	61,952	SH		DFND	1 2 3 4 5	0	61,952	0
LIBERTY GLOBAL PLC	SHS CL C	G5480U120	71,678	1,415,710	SH		DFND	1 2 3 4 5	0	1,415,710	0
LIBERTY INTERACTIVE CORP	LBT VENT COM A	53071M880	3,367	85,743	SH		DFND	1 2 3 4 5	0	85,743	0
LIBERTY MEDIA CORP DELAWARE	CL A	531229102	6,486	179,972	SH		DFND	1 2 3 4 5	0	179,972	0
LIBERTY MEDIA CORP DELAWARE	NOTE 1.375%10/1	531229AB8	8,575	9,000,000	PRN		DFND	1 2 3 4 5	0	0	0
LINKEDIN CORP	COM CL A	53578A108	10,332	50,000	SH	Put	DFND	1 2 3 4 5	0	50,000	0
MACQUARIE INFRASTRUCTURE COR	COM	55608B105	1,379	16,691	SH		DFND	1 2 3 4 5	0	16,691	0
MARATHON OIL CORP	COM	565849106	1,716	64,641	SH		DFND	1 2 3 4 5	0	64,641	0
MARKET VECTORS ETF TR	GOLD MINER ETF	57060U100	542	30,500	SH		DFND	1 2 3 4 5	0	30,500	0
MARKET VECTORS ETF TR	SEMICONDUCTOR	57060U233	298	5,453	SH		DFND	1 2 3 4 5	0	5,453	0
MASTERCARD INC	CL A	57636Q104	514	5,500	SH		DFND	1 2 3 4 5	0	5,500	0
MEADOWBROOK INS GROUP INC	COM	58319P108	175	20,400	SH		DFND	1 2 3 4 5	0	20,400	0
MEDTRONIC PLC	SHS	G5960L103	241	3,250	SH		DFND	1 2 3 4 5	0	3,250	0
MICREL INC	COM	594793101	1,200	86,338	SH		DFND	1 2 3 4 5	0	86,338	0
MICRON TECHNOLOGY INC	NOTE 2.375% 5/0	595112AW3	2,621	1,300,000	PRN		DFND	1 2 3 4 5	0	0	0
MICRON TECHNOLOGY INC	NOTE 3.125% 5/0	595112AX1	1,227	600,000	PRN		DFND	1 2 3 4 5	0	0	0
MOLINA HEALTHCARE INC	NOTE 1.125% 1/1	60855RAC4	89,629	50,500,000	PRN		DFND	1 2 3 4 5	0	0	0
MYLAN N V	SHS EURO	N59465109	9,467	139,500	SH		DFND	1 2 3 4 5	0	139,500	0
NATIONAL WESTMINSTER BK PLC	SPON ADR C	638539882	465	18,145	SH		DFND	1 2 3 4 5	0	18,145	0
NATIONSTAR MTG HLDGS INC	COM	63861C109	9,613	572,200	SH		DFND	1 2 3 4 5	0	572,200	0
NEWS CORP NEW	CL B	65249B208	1,579	110,861	SH		DFND	1 2 3 4 5	0	110,861	0
NEXVET BIOPHARMA PUB LTD CO	ORD SHS	G6503X109	151	30,400	SH		DFND	1 2 3 4 5	0	30,400	0
NIVALIS THERAPEUTICS INC	COM	65481J109	909	60,000	SH		DFND	1 2 3 4 5	0	60,000	0
NVIDIA CORP	COM	67066G104	14,077	700,000	SH	Call	DFND	1 2 3 4 5	0	700,000	0
NVIDIA CORP	NOTE 1.000%12/0	67066GAC8	13,241	11,500,000	PRN		DFND	1 2 3 4 5	0	0	0
NXP SEMICONDUCTORS N V	COM	N6596X109	481	4,900	SH		DFND	1 2 3 4 5	0	4,900	0
OCWEN FINL CORP	COM NEW	675746309	16,310	1,599,000	SH		DFND	1 2 3 4 5	0	1,599,000	0
OFFICE DEPOT INC	COM	676220106	2,663	307,500	SH		DFND	1 2 3 4 5	0	307,500	0
OM GROUP INC	COM	670872100	1,578	46,970	SH		DFND	1 2 3 4 5	0	46,970	0
OMNICARE INC	COM	681904108	5,891	62,500	SH		DFND	1 2 3 4 5	0	62,500	0
OMNIVISION TECHNOLOGIES INC	COM	682128103	1,506	57,500	SH		DFND	1 2 3 4 5	0	57,500	0
ORBITZ WORLDWIDE INC	COM	68557K109	5,468	478,800	SH		DFND	1 2 3 4 5	0	478,800	0
OREXIGEN THERAPEUTICS INC	COM	686164104	6,683	1,350,000	SH		DFND	1 2 3 4 5	0	1,350,000	0
PALL CORP	COM	696429307	6,534	52,500	SH		DFND	1 2 3 4 5	0	52,500	0
PARTNERRE LTD	COM	G6852T105	2,984	23,224	SH		DFND	1 2 3 4 5	0	23,224	0
PFIZER INC	COM	717081103	335	10,000	SH		DFND	1 2 3 4 5	0	10,000	0
POLYPORE INTL INC	COM	73179V103	10,482	175,056	SH		DFND	1 2 3 4 5	0	175,056	0
PRICELINE GRP INC	DEBT 1.000% 3/1	741503AQ9	29,712	22,324,000	PRN		DFND	1 2 3 4 5	0	0	0
PRICELINE GRP INC	NOTE 0.350% 6/1	741503AS5	9,756	8,700,000	PRN		DFND	1 2 3 4 5	0	0	0
PROSHARES TR II	ULTRASHRT EURO	74347W882	1,849	74,690	SH		DFND	1 2 3 4 5	0	74,690	0
PROSPECT CAPITAL CORPORATION	NOTE 5.375%10/1	74348TAK8	9,677	9,500,000	PRN		DFND	1 2 3 4 5	0	0	0
PROSPECT CAPITAL CORPORATION	NOTE 5.750% 3/1	74348TAL6	15,069	14,750,000	PRN		DFND	1 2 3 4 5	0	0	0
PROSPECT CAPITAL CORPORATION	NOTE 5.875% 1/1	74348TAM4	6,282	6,000,000	PRN		DFND	1 2 3 4 5	0	0	0
RECEPTOS INC	COM	756207106	4,804	25,280	SH		DFND	1 2 3 4 5	0	25,280	0
RED HAT INC	COM	756577102	9,486	124,940	SH		DFND	1 2 3 4 5	0	124,940	0
REPROS THERAPEUTICS INC	COM NEW	76028H209	1,716	240,000	SH		DFND	1 2 3 4 5	0	240,000	0
ROYAL BK SCOTLAND GROUP PLC	SP ADR PREF T	780097713	742	29,000	SH		DFND	1 2 3 4 5	0	29,000	0
RYANAIR HLDGS PLC	SPONSORED ADR	783513104	25,523	358,380	SH		DFND	1 2 3 4 5	0	358,380	0
SANDISK CORP	COM	80004C101	4,004	68,774	SH		DFND	1 2 3 4 5	0	68,774	0
SANDISK CORP	NOTE 0.500%10/1	80004CAF8	11,223	11,550,000	PRN		DFND	1 2 3 4 5	0	0	0
SANDISK CORP	NOTE 1.500% 8/1	80004CAD3	50,798	39,000,000	PRN		DFND	1 2 3 4 5	0	0	0
SEACOR HOLDINGS INC	NOTE 2.500%12/1	811904AM3	2,661	2,600,000	PRN		DFND	1 2 3 4 5	0	0	0
SEALED AIR CORP NEW	COM	81211K100	1,134	22,080	SH		DFND	1 2 3 4 5	0	22,080	0
SEALED AIR CORP NEW	COM	81211K100	15,414	300,000	SH	Put	DFND	1 2 3 4 5	0	300,000	0
SELECT SECTOR SPDR TR	SBI INT-FINL	81369Y605	233	9,558	SH		DFND	1 2 3 4 5	0	9,558	0
SIGMA ALDRICH CORP	COM	826552101	7,664	55,000	SH		DFND	1 2 3 4 5	0	55,000	0
SQUARE 1 FINL INC	CL A	85223W101	1,017	37,202	SH		DFND	1 2 3 4 5	0	37,202	0
STILLWATER MNG CO	NOTE 1.750%10/1	86074QAL6	7,453	6,950,000	PRN		DFND	1 2 3 4 5	0	0	0
SUSQUEHANNA BANCSHARES INC P	COM	869099101	2,322	164,451	SH		DFND	1 2 3 4 5	0	164,451	0
T MOBILE US INC	COM	872590104	807	20,800	SH		DFND	1 2 3 4 5	0	20,800	0
TAIWAN SEMICONDUCTOR MFG LTD	SPONSORED ADR	874039100	5,991	263,784	SH		DFND	1 2 3 4 5	0	263,784	0
TELECOM ITALIA S P A NEW	SPON ADR ORD	87927Y102	360	28,300	SH		DFND	1 2 3 4 5	0	28,300	0
TELEFLEX INC	NOTE 3.875% 8/0	879369AA4	160,509	72,180,000	PRN		DFND	1 2 3 4 5	0	0	0
TESLA MTRS INC	NOTE 0.250% 3/0	88160RAB7	13,350	13,500,000	PRN		DFND	1 2 3 4 5	0	0	0
TESLA MTRS INC	NOTE 1.500% 6/0	88160RAA9	8,948	4,100,000	PRN		DFND	1 2 3 4 5	0	0	0
TETRAPHASE PHARMACEUTICALS I	COM	88165N105	9,014	190,000	SH		DFND	1 2 3 4 5	0	190,000	0
TEVA PHARMACEUTICAL INDS LTD	ADR	881624209	2,955	50,000	SH		DFND	1 2 3 4 5	0	50,000	0
TIM PARTICIPACOES S A	SPONSORED ADR	88706P205	478	29,214	SH		DFND	1 2 3 4 5	0	29,214	0
TIME WARNER CABLE INC	COM	88732J207	1,248	7,005	SH		DFND	1 2 3 4 5	0	7,005	0
TRAVELPORT WORLDWIDE LTD	SHS	G9019D104	448	32,500	SH		DFND	1 2 3 4 5	0	32,500	0
TWENTY FIRST CENTY FOX INC	CL B	90130A200	72,757	2,258,134	SH		DFND	1 2 3 4 5	0	2,258,134	0
TWITTER INC	COM	90184L102	690	19,040	SH		DFND	1 2 3 4 5	0	19,040	0
ULTRAGENYX PHARMACEUTICAL IN	COM	90400D108	2,560	25,000	SH		DFND	1 2 3 4 5	0	25,000	0
UNDER ARMOUR INC	CL A	904311107	4,906	58,800	SH		DFND	1 2 3 4 5	0	58,800	0
UNDER ARMOUR INC	CL A	904311107	16,688	200,000	SH	Put	DFND	1 2 3 4 5	0	200,000	0
UNIQURE NV	SHS	N90064101	810	30,000	SH		DFND	1 2 3 4 5	0	30,000	0
UNITED MICROELECTRONICS CORP	SPON ADR NEW	910873405	5,071	2,473,344	SH		DFND	1 2 3 4 5	0	2,473,344	0
UR ENERGY INC	COM	91688R108	2,324	2,941,053	SH		DFND	1 2 3 4 5	0	2,941,053	0
VALE S A	ADR	91912E105	113	22,399	SH		DFND	1 2 3 4 5	0	22,399	0
VERASTEM INC	COM	92337C104	1,508	200,000	SH		DFND	1 2 3 4 5	0	200,000	0
VIACOM INC NEW	CL A	92553P102	8,290	127,795	SH		DFND	1 2 3 4 5	0	127,795	0
VISA INC	COM CL A	92826C839	485	7,222	SH		DFND	1 2 3 4 5	0	7,222	0
VIVUS INC	COM	928551100	746	316,000	SH		DFND	1 2 3 4 5	0	316,000	0
VULCAN MATLS CO	COM	929160109	5,001	59,580	SH		DFND	1 2 3 4 5	0	59,580	0
VULCAN MATLS CO	COM	929160109	12,590	150,000	SH	Put	DFND	1 2 3 4 5	0	150,000	0
WEC ENERGY GROUP INC	COM	92939U106	1,126	25,041	SH		DFND	1 2 3 4 5	0	25,041	0
WELLPOINT INC	NOTE 2.750%10/1	94973VBG1	18,607	8,450,000	PRN		DFND	1 2 3 4 5	0	0	0
WISDOMTREE TR	EUROPE HEDGED EQ	97717X701	930	15,100	SH		DFND	1 2 3 4 5	0	15,100	0
XENOPORT INC	COM	98411C100	846	137,944	SH		DFND	1 2 3 4 5	0	137,944	0
YAHOO INC	COM	984332106	1,919	48,854	SH		DFND	1 2 3 4 5	0	48,854	0
YPF SOCIEDAD ANONIMA	SPON ADR CL D	984245100	823	30,000	SH		DFND	1 2 3 4 5	0	30,000	0
ZOETIS INC	CL A	98978V103	482	10,000	SH		DFND	1 2 3 4 5	0	10,000	0