B. Riley Financial (RILY) 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
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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
AETNA INC NEW	COM	00817Y108	733	6,000	SH		DFND	1	0	6,000	0
ALPS ETF TR	ALERIAN MLP	00162Q866	331	26,042	SH		DFND	1	0	26,042	0
AMC ENTMT HLDGS INC	CL A COM	00165C104	218	7,885	SH		DFND	1	0	7,885	0
APOLLO INVT CORP	COM	03761U106	293	52,930	SH		DFND	1	0	52,930	0
APOLLO SR FLOATING RATE FD I	COM	037636107	788	49,893	SH		DFND	1	0	49,893	0
APOLLO TACTICAL INCOME FD IN	COM	037638103	500	34,649	SH		DFND	1	0	34,649	0
APPLE INC	COM	037833100	1,589	16,622	SH		DFND	1	0	16,622	0
ARES CAP CORP	COM	04010L103	1,076	75,778	SH		DFND	1	0	75,778	0
ARES DYNAMIC CR ALLOCATION F	COM	04014F102	219	15,960	SH		DFND	1	0	15,960	0
ATLANTIC ALLIANCE PARTNER CO	SHS	G04897107	4,830	464,828	SH		DFND	1	0	464,828	0
AUTOBYTEL INC	COM NEW	05275N205	209	15,052	SH		DFND	1	0	15,052	0
BAZAARVOICE INC	COM	073271108	245	61,054	SH		DFND	1	0	61,054	0
BERKSHIRE HATHAWAY INC DEL	CL A	084670108	217	1	SH		DFND	1	0	1	0
BERKSHIRE HATHAWAY INC DEL	CL B NEW	084670702	517	3,571	SH		DFND	1	0	3,571	0
BLACKROCK CAPITAL INVESTMENT	COM	092533108	353	45,412	SH		DFND	1	0	45,412	0
BLACKSTONE GSO FLTING RTE FU	COM	09256U105	159	10,000	SH		DFND	1	0	10,000	0
BP PLC	SPONSORED ADR	055622104	305	8,601	SH		DFND	1	0	8,601	0
BROADWIND ENERGY INC	COM NEW	11161T207	2,448	580,000	SH		DFND	1	0	580,000	0
BROOKFIELD MTG OPP INC FD IN	COM	112792106	297	19,971	SH		DFND	1	0	19,971	0
BROOKFIELD PPTY PARTNERS L P	UNIT LTD PARTN	G16249107	239	10,345	SH		DFND	1	0	10,345	0
BRT RLTY TR	SH BEN INT NEW	055645303	45	49,089	SH		DFND	1	0	49,089	0
CADIZ INC	COM NEW	127537207	109	18,491	SH		DFND		0	18,491	0
COHEN & STEERS LTD DUR PFD I	COM	19248C105	711	29,251	SH		DFND	1	0	29,251	0
DICKS SPORTING GOODS INC	COM	253393102	218	4,841	SH		DFND	1	0	4,841	0
DIGITAL TURBINE INC	COM NEW	25400W102	542	506,283	SH		DFND		0	506,283	0
DIGITAL TURBINE INC	COM NEW	25400W102	1,691	1,580,000	SH		DFND	1	0	1,580,000	0
DISNEY WALT CO	COM DISNEY	254687106	244	2,490	SH		DFND	1	0	2,490	0
DOUBLELINE INCOME SOLUTIONS	COM	258622109	1,792	97,637	SH		DFND	1	0	97,637	0
DTS INC	COM	23335C101	212	8,033	SH		DFND	1	0	8,033	0
ENERGY TRANSFER EQUITY L P	COM UT LTD PTN	29273V100	325	22,590	SH		DFND	1	0	22,590	0
FACEBOOK INC	CL A	30303M102	300	2,623	SH		DFND	1	0	2,623	0
FIRST TR ENERGY INCOME & GRW	COM	33738G104	244	9,561	SH		DFND	1	0	9,561	0
GARRISON CAP INC	COM	366554103	752	74,555	SH		DFND	1	0	74,555	0
GENERAL ELECTRIC CO	COM	369604103	205	6,517	SH		DFND	1	0	6,517	0
GOLDMAN SACHS MLP INCOME OPP FD	COM SHS	38147W103	747	79,899	SH		DFND	1	0	79,899	0
GROUPON INC	COM CL A	399473107	46	14,000	SH		DFND	1	0	14,000	0
HC2 HLDGS INC	COM	404139107	216	50,224	SH		DFND		0	50,224	0
HC2 HLDGS INC	COM	404139107	1,462	340,000	SH		DFND	1	0	340,000	0
HEWLETT PACKARD ENTERPRISE C	COM	42824C109	1,202	65,812	SH		DFND	1	0	65,812	0
HP INC	COM	40434L105	2,225	177,261	SH		DFND	1	0	177,261	0
HUDSON TECHNOLOGIES INC	COM	444144109	134	37,334	SH		DFND		0	37,334	0
INTERSIL CORP	CL A	46069S109	216	15,988	SH		DFND	1	0	15,988	0
ISHARES	MSCI BRZ CAP ETF	464286400	255	8,449	SH		DFND	1	0	8,449	0
ISHARES	MIN VOL GBL ETF	464286525	1,795	23,502	SH		DFND	1	0	23,502	0
ISHARES TR	LATN AMER 40 ETF	464287390	203	7,721	SH		DFND	1	0	7,721	0
ISHARES TR	NEW YORK MUN ETF	464288323	1,400	12,144	SH		DFND	1	0	12,144	0
ISHARES TR	INTL SEL DIV ETF	464288448	1,593	55,637	SH		DFND	1	0	55,637	0
ISHARES TR	CORE US AGGBD ET	464287226	216	1,917	SH		DFND	1	0	1,917	0
ISHARES TR	RUS 1000 VAL ETF	464287598	209	2,026	SH		DFND	1	0	2,026	0
ISHARES TR	CORE S&P MCP ETF	464287507	480	3,216	SH		DFND	1	0	3,216	0
ISHARES TR	RUS 1000 GRW ETF	464287614	382	3,810	SH		DFND	1	0	3,810	0
ISHARES TR	GLOBAL MATER ETF	464288695	240	4,891	SH		DFND	1	0	4,891	0
ISHARES TR	NATIONAL MUN ETF	464288414	849	7,450	SH		DFND	1	0	7,450	0
ISHARES TR	MSCI ACWI EX US	464288240	313	8,025	SH		DFND	1	0	8,025	0
ISHARES TR	JP MOR EM MK ETF	464288281	1,229	10,671	SH		DFND	1	0	10,671	0
ISHARES TR	IBOXX INV CP ETF	464287242	1,360	11,077	SH		DFND	1	0	11,077	0
ISHARES TR	SELECT DIVID ETF	464287168	1,104	12,945	SH		DFND	1	0	12,945	0
ISHARES TR	RUS MID-CAP ETF	464287499	2,560	15,218	SH		DFND	1	0	15,218	0
ISHARES TR	MSCI EMG MKT ETF	464287234	564	16,408	SH		DFND	1	0	16,408	0
ISHARES TR	MSCI EAFE ETF	464287465	1,464	26,221	SH		DFND	1	0	26,221	0
ISHARES TR	NASDQ BIOTEC ETF	464287556	347	1,347	SH		DFND	1	0	1,347	0
ISHARES TR	FLTG RATE BD ETF	46429B655	234	4,629	SH		DFND	1	0	4,629	0
ISHARES TR	MIN VOL EAFE ETF	46429B689	500	7,530	SH		DFND	1	0	7,530	0
ISHARES TR	MIN VOL USA ETF	46429B697	946	20,467	SH		DFND	1	0	20,467	0
ISHARES TR	RUSSELL 2000 ETF	464287655	18,489	160,800	SH	Put	DFND	1	0	160,800	0
JOHNSON & JOHNSON	COM	478160104	272	2,242	SH		DFND	1	0	2,242	0
KEMET CORP	COM NEW	488360207	41	14,028	SH		DFND		0	14,028	0
KEMET CORP	COM NEW	488360207	4,805	1,640,000	SH		DFND	1	0	1,640,000	0
KIRKLANDS INC	COM	497498105	238	16,223	SH		DFND	1	0	16,223	0
KRATOS DEFENSE & SEC SOLUTIONS	COM NEW	50077B207	197	48,043	SH		DFND	1	0	48,043	0
LADENBURG THALMAN FIN SVCS INC	COM	50575Q102	6	81,050	SH		DFND	1	0	81,050	0
LINDBLAD EXPEDITIONS HLDGS I	COM	535219109	184	19,100	SH		DFND	1	0	19,100	0
LUMENTUM HLDGS INC	COM	55024U109	201	8,306	SH		DFND	1	0	8,306	0
MALIBU BOATS INC	COM CL A	56117J100	180	14,924	SH		DFND	1	0	14,924	0
MATTEL INC	COM	577081102	213	6,822	SH		DFND	1	0	6,822	0
MICROSOFT CORP	COM	594918104	1,873	36,611	SH		DFND	1	0	36,611	0
MONSTER WORLDWIDE INC	COM	611742107	275	115,000	SH		DFND		0	115,000	0
MONSTER WORLDWIDE INC	COM	611742107	239	100,000	SH	Call	DFND	1	0	100,000	0
NATIONAL HOLDINGS CORP	COM NEW	636375206	787	262,326	SH		DFND		0	262,326	0
NAVISTAR INTL CORP NEW	NOTE 4.500%10/1	63934EAQ1	39	58,000	PRN		DFND		0	58,000	0
NAVISTAR INTL CORP NEW	NOTE 4.750% 4/1	63934EAS7	66	114,000	PRN		DFND		0	114,000	0
NEWTEK BUSINESS SVCS CORP	COM NEW	652526203	175	13,766	SH		DFND	1	0	13,766	0
NIELSEN HLDGS PLC	SHS EUR	G6518L108	281	5,400	SH		DFND	1	0	5,400	0
NOVAVAX INC	COM	670002104	76	10,500	SH		DFND	1	0	10,500	0
NUVEEN AMT-FREE MUN INCOME F	COM	670657105	188	12,500	SH		DFND	1	0	12,500	0
NUVEEN BUILD AMER BD FD	COM	67074C103	591	25,923	SH		DFND	1	0	25,923	0
NUVEEN MTG OPPORTUNITY TERM	COM	670735109	225	9,733	SH		DFND	1	0	9,733	0
NUVEEN MUN VALUE FD INC	COM	670928100	160	14,800	SH		DFND	1	0	14,800	0
OCLARO INC	COM NEW	67555N206	214	43,803	SH		DFND	1	0	43,803	0
ON SEMICONDUCTOR CORP	COM	682189105	351	39,779	SH		DFND	1	0	39,779	0
ONE LIBERTY PPTYS INC	COM	682406103	115	15,173	SH		DFND	1	0	15,173	0
PDL BIOPHARMA INC	NOTE 4.000% 2/0	69329YAF1	47	50,000	PRN		DFND		0	50,000	0
PENNANTPARK FLOATING RATE CAP LTD	COM	70806A106	2,230	179,820	SH		DFND	1	0	179,820	0
PENNANTPARK INVT CORP	COM	708062104	2,175	318,479	SH		DFND	1	0	318,479	0
PENNEY J C INC	COM	708160106	218	24,523	SH		DFND	1	0	24,523	0
PFIZER INC	COM	717081103	250	7,096	SH		DFND	1	0	7,096	0
PIMCO ETF TR	SHTRM MUN BD ACT	72201R874	201	3,972	SH		DFND	1	0	3,972	0
PIMCO ETF TR	ENHAN SHRT MA AC	72201R833	4,275	42,254	SH		DFND	1	0	42,254	0
PIMCO ETF TR	LOW DURTN AC ETF	72201R718	609	6,063	SH		DFND	1	0	6,063	0
POWERSHARES ETF TR II	PFD PORTFOLIO	73936T565	361	23,701	SH		DFND	1	0	23,701	0
POWERSHARES ETF TRUST	DYN BIOT & GEN	73935X856	202	5,474	SH		DFND	1	0	5,474	0
POWERSHARES QQQ TRUST	UNIT SER 1	73935A104	819	7,613	SH		DFND	1	0	7,613	0
POWERSHARES QQQ TRUST	UNIT SER 1	73935A104	18,282	170,000	SH	Put	DFND	1	0	170,000	0
PRGX GLOBAL INC	COM NEW	69357C503	2,342	448,595	SH		DFND		0	448,595	0
PRGX GLOBAL INC	COM NEW	69357C503	2,949	565,000	SH		DFND	1	0	565,000	0
PROVIDENT FINL SVCS INC	COM	74386T105	246	12,500	SH		DFND	1	0	12,500	0
RENEWABLE ENERGY GROUP INC	MTNF 2.750% 6/1	75972AAA1	28	31,000	PRN		DFND		0	31,000	0
ROVI CORP	COM	779376102	207	13,230	SH		DFND	1	0	13,230	0
ROVI CORP	COM	779376102	1,596	102,060	SH		DFND		0	102,060	0
SCHLUMBERGER LTD	COM	806857108	235	2,969	SH		DFND	1	0	2,969	0
SELECT SECTOR SPDR TR	SBI CONS DISCR	81369Y407	269	3,440	SH		DFND	1	0	3,440	0
SELECT SECTOR SPDR TR	SBI HEALTHCARE	81369Y209	339	4,729	SH		DFND	1	0	4,729	0
SKYWORKS SOLUTIONS INC	COM	83088M102	205	3,239	SH		DFND	1	0	3,239	0
SOLAR CAP LTD	COM	83413U100	307	16,109	SH		DFND	1	0	16,109	0
SOLAR SR CAP LTD	COM	83416M105	4,481	278,153	SH		DFND	1	0	278,153	0
SPDR DOW JONES INDL AVRG ETF	UT SER 1	78467X109	679	3,796	SH		DFND	1	0	3,796	0
SPDR INDEX SHS FDS	GLB NAT RESRCE	78463X541	797	21,468	SH		DFND	1	0	21,468	0
SPDR S&P 500 ETF TR	TR UNIT	78462F103	1,774	8,470	SH		DFND	1	0	8,470	0
SPLUNK INC	COM	848637104	519	9,579	SH		DFND	1	0	9,579	0
SYSOREX GLOBAL	COM NEW	87184N203	188	357,612	SH		DFND		0	357,612	0
SYSOREX GLOBAL	COM NEW	87184N203	348	660,801	SH		DFND	1	0	660,801	0
TELENAV INC	COM	879455103	3,307	648,461	SH		DFND	1	0	648,461	0
THL CR INC	COM	872438106	336	30,200	SH		DFND	1	0	30,200	0
TITAN MACHY INC	NOTE 3.750% 5/0	88830RAB7	62	77,000	PRN		DFND		0	77,000	0
TORTOISE MLP FD INC	COM	89148B101	595	32,235	SH		DFND	1	0	32,235	0
TRANSACT TECHNOLOGIES INC	COM	892918103	226	28,118	SH		DFND	1	0	28,118	0
UNITED ONLINE INC	COM NEW	911268209	8,079	734,434	SH		DFND		0	734,434	0
UNITED ONLINE INC	COM NEW	911268209	7,621	692,794	SH		DFND	1	0	692,794	0
URBAN EDGE PPTYS	COM	91704F104	454	15,215	SH		DFND	1	0	15,215	0
VANGUARD INDEX FDS	LARGE CAP ETF	922908637	6,346	66,204	SH		DFND	1	0	66,204	0
VANGUARD INDEX FDS	TOTAL STK MKT	922908769	1,651	15,404	SH		DFND	1	0	15,404	0
VANGUARD INDEX FDS	MID CAP ETF	922908629	2,611	21,122	SH		DFND	1	0	21,122	0
VANGUARD INDEX FDS	GROWTH ETF	922908736	268	2,502	SH		DFND	1	0	2,502	0
VANGUARD INTL EQUITY INDEX F	FTSE EMR MKT ETF	922042858	1,476	41,904	SH		DFND	1	0	41,904	0
VANGUARD INTL EQUITY INDEX F	ALLWRLD EX US	922042775	262	6,104	SH		DFND	1	0	6,104	0
VANGUARD INTL EQUITY INDEX F	FTSE EUROPE ETF	922042874	500	10,716	SH		DFND	1	0	10,716	0
VANGUARD MALVERN FDS	STRM INFPROIDX	922020805	2,290	46,284	SH		DFND	1	0	46,284	0
VANGUARD SCOTTSDALE FDS	LG-TERM COR BD	92206C813	800	8,464	SH		DFND	1	0	8,464	0
VANGUARD SCOTTSDALE FDS	INT-TERM CORP	92206C870	2,442	27,309	SH		DFND	1	0	27,309	0
VANGUARD SCOTTSDALE FDS	SHRT TRM CORP BD	92206C409	3,361	41,576	SH		DFND	1	0	41,576	0
VANGUARD SPECIALIZED PORTFOLIO	DIV APP ETF	921908844	1,347	16,180	SH		DFND	1	0	16,180	0
VANGUARD STAR FD	VG TL INTL STK F	921909768	229	5,153	SH		DFND	1	0	5,153	0
VIASAT INC	COM	92552V100	203	2,839	SH		DFND	1	0	2,839	0
VISHAY PRECISION GROUP INC	COM	92835K103	214	15,939	SH		DFND	1	0	15,939	0
WEB COM GROUP INC	COM	94733A104	212	11,650	SH		DFND	1	0	11,650	0
WESTPORT FUEL SYSTEMS INC	COM NEW	960908309	531	317,870	SH		DFND		0	317,870	0
WESTPORT FUEL SYSTEMS INC	COM NEW	960908309	2,171	1,300,000	SH		DFND	1	0	1,300,000	0
WISDOMTREE TR	GLB NAT RES FD	97717W711	301	23,604	SH		DFND	1	0	23,604	0