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
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
AETNA INC NEW	COM	00817Y108	744	6,000	SH		DFND	1	0	6,000	0
ALPS ETF TR	ALERIAN MLP	00162Q866	198	15,688	SH		DFND	1	0	15,688	0
AMERICAN EAGLE OUTFITTERS NE	COM	02553E106	236	15,529	SH		DFND	1	0	15,529	0
APOLLO INVT CORP	COM	03761U106	283	48,322	SH		DFND	1	0	48,322	0
APOLLO SR FLOATING RATE FD I	COM	037636107	868	49,893	SH		DFND	1	0	49,893	0
APOLLO TACTICAL INCOME FD IN	COM	037638103	537	34,767	SH		DFND	1	0	34,767	0
APPLE INC	COM	037833100	1,186	10,239	SH		DFND	1	0	10,239	0
ARES CAP CORP	COM	04010L103	1,285	77,899	SH		DFND	1	0	77,899	0
ARES DYNAMIC CR ALLOCATION F	COM	04014F102	236	15,661	SH		DFND	1	0	15,661	0
ATLANTIC ALLIANCE PARTNER CO	SHS	G04897107	1,157	125,115	SH		DFND	1	0	125,115	0
AVISTA HEALTHCARE PUB ACQ CO	*W EXP 99/99/999	G0726L117	45	100,000	SH		DFND	1	0	100,000	0
AVISTA HEALTHCARE PUB ACQ CO	CL A	G0726L125	985	100,000	SH		DFND	1	0	100,000	0
BAZAARVOICE INC	COM	073271108	267	55,030	SH		DFND	1	0	55,030	0
BERKSHIRE HATHAWAY INC DEL	CL A	084670108	244	1	SH		DFND	1	0	1	0
BERKSHIRE HATHAWAY INC DEL	CL B NEW	084670702	546	3,350	SH		DFND	1	0	3,350	0
BLACKROCK CAPITAL INVESTMENT	COM	092533108	323	46,412	SH		DFND	1	0	46,412	0
BLACKSTONE GSO FLTING RTE FU	COM	09256U105	181	10,000	SH		DFND	1	0	10,000	0
BOULEVARD ACQUISITION	CL A	10157Q102	2,488	251,548	SH		DFND	1	0	251,548	0
BROADWIND ENERGY INC	COM NEW	11161T207	2,713	670,657	SH		DFND	1	0	670,657	0
BROOKFIELD PPTY PARTNERS L P	UNIT LTD PARTN	G16249107	227	10,345	SH		DFND	1	0	10,345	0
BROOKFIELD REAL ASSETS INCOM	SHS BEN INT	112830104	272	12,206	SH		DFND	1	0	12,206	0
BRT RLTY TR	SH BEN INT NEW	055645303	52	49,089	SH		DFND	1	0	49,089	0
CADIZ INC	COM NEW	127537207	250	20,000	SH		DFND		0	20,000	0
CADIZ INC	COM NEW	127537207	2,727	218,135	SH		DFND	1	0	218,135	0
CALAMP CORP	COM	128126109	243	16,766	SH		DFND	1	0	16,766	0
CAPITOL ACQUISITION CORP III	COM	14055M106	378	37,950	SH		DFND	1	0	37,950	0
CF CORP	SHS CL A	G20307107	2,125	214,168	SH		DFND	1	0	214,168	0
COHEN & STEERS LTD DUR PFD I	COM	19248C105	641	26,133	SH		DFND	1	0	26,133	0
COMSTOCK RES INC	NOTE 7.750% 4/0	205768AM6	23	27,000	PRN		DFND		0	27,000	0
DICKS SPORTING GOODS INC	COM	253393102	242	4,561	SH		DFND	1	0	4,561	0
DIGITAL TURBINE INC	COM NEW	25400W102	334	490,739	SH		DFND		0	490,739	0
DIGITAL TURBINE INC	COM NEW	25400W102	1,170	1,720,036	SH		DFND	1	0	1,720,036	0
DISNEY WALT CO	COM DISNEY	254687106	291	2,790	SH		DFND	1	0	2,790	0
DOUBLELINE INCOME SOLUTIONS	COM	258622109	1,658	87,321	SH		DFND	1	0	87,321	0
EARTHLINK HLDGS CORP	COM	27033X101	4,120	730,565	SH		DFND	1	0	730,565	0
ENERGY TRANSFER EQUITY L P	COM UT LTD PTN	29273V100	243	12,590	SH		DFND	1	0	12,590	0
FACEBOOK INC	CL A	30303M102	344	2,994	SH		DFND	1	0	2,994	0
FERROGLOBE PLC	SHS	G33856108	247	22,833	SH		DFND	1	0	22,833	0
FINISAR CORP	COM NEW	31787A507	238	7,871	SH		DFND	1	0	7,871	0
FLEX LTD	ORD	Y2573F102	262	18,231	SH		DFND	1	0	18,231	0
GARRISON CAP INC	COM	366554103	702	75,055	SH		DFND	1	0	75,055	0
GOLDMAN SACHS MLP INC OPP FD	COM SHS	38147W103	752	77,344	SH		DFND	1	0	77,344	0
GTY TECHNOLOGY HOLDINGS INC	*W EXP 99/99/999	G4182A128	42	83,333	SH		DFND	1	0	83,333	0
GTY TECHNOLOGY HOLDINGS INC	CL A	G4182A102	2,687	249,999	SH		DFND	1	0	249,999	0
HC2 HLDGS INC	COM	404139107	53	8,863	SH		DFND		0	8,863	0
HC2 HLDGS INC	COM	404139107	2,962	499,524	SH		DFND	1	0	499,524	0
HEWLETT PACKARD ENTERPRISE C	COM	42824C109	1,291	55,812	SH		DFND	1	0	55,812	0
HP INC	COM	40434L105	2,145	144,548	SH		DFND	1	0	144,548	0
IMAX CORP	COM	45245E109	257	8,200	SH		DFND	1	0	8,200	0
INTRALINKS HLDGS INC	COM	46118H104	294	21,765	SH		DFND	1	0	21,765	0
ISHARES	MSCI BRZ CAP ETF	464286400	271	8,130	SH		DFND	1	0	8,130	0
ISHARES	MIN VOL GBL ETF	464286525	1,247	17,176	SH		DFND	1	0	17,176	0
ISHARES TR	RUS 2000 GRW ETF	464287648	252	1,637	SH		DFND	1	0	1,637	0
ISHARES TR	NASDQ BIOTEC ETF	464287556	504	1,901	SH		DFND	1	0	1,901	0
ISHARES TR	RUS 1000 GRW ETF	464287614	215	2,053	SH		DFND	1	0	2,053	0
ISHARES TR	CORE S&P MCP ETF	464287507	532	3,216	SH		DFND	1	0	3,216	0
ISHARES TR	1-3 YR CR BD ETF	464288646	375	3,578	SH		DFND	1	0	3,578	0
ISHARES TR	GLOBAL MATER ETF	464288695	299	5,448	SH		DFND	1	0	5,448	0
ISHARES TR	NATIONAL MUN ETF	464288414	820	7,580	SH		DFND	1	0	7,580	0
ISHARES TR	MSCI EMG MKT ETF	464287234	308	8,786	SH		DFND	1	0	8,786	0
ISHARES TR	MIN VOL EAFE ETF	46429B689	540	8,819	SH		DFND	1	0	8,819	0
ISHARES TR	JP MOR EM MK ETF	464288281	1,078	9,779	SH		DFND	1	0	9,779	0
ISHARES TR	CORE MSCI EAFE	46432F842	551	10,275	SH		DFND	1	0	10,275	0
ISHARES TR	IBOXX INV CP ETF	464287242	1,243	10,604	SH		DFND	1	0	10,604	0
ISHARES TR	SELECT DIVID ETF	464287168	1,092	12,325	SH		DFND	1	0	12,325	0
ISHARES TR	NEW YORK MUN ETF	464288323	1,397	12,828	SH		DFND	1	0	12,828	0
ISHARES TR	MSCI ACWI EX US	464288240	568	14,108	SH		DFND	1	0	14,108	0
ISHARES TR	RUS MID-CAP ETF	464287499	2,777	15,527	SH		DFND	1	0	15,527	0
ISHARES TR	MIN VOL USA ETF	46429B697	962	21,269	SH		DFND	1	0	21,269	0
ISHARES TR	MSCI EAFE ETF	464287465	1,239	21,458	SH		DFND	1	0	21,458	0
ISHARES TR	FLTG RATE BD ETF	46429B655	2,489	49,058	SH		DFND	1	0	49,058	0
ISHARES TR	INTL SEL DIV ETF	464288448	1,562	52,840	SH		DFND	1	0	52,840	0
KEMET CORP	COM NEW	488360207	106	16,028	SH		DFND		0	16,028	0
KEMET CORP	COM NEW	488360207	10,108	1,524,555	SH		DFND	1	0	1,524,555	0
KRATOS DEFENSE & SEC SOLUTIONS	COM NEW	50077B207	267	36,095	SH		DFND	1	0	36,095	0
LADENBURG THALMAN FIN SVCS I	COM	50575Q102	6	81,050	SH		DFND	1	0	81,050	0
LINDBLAD EXPEDITIONS HLDGS I	COM	535219109	180	19,100	SH		DFND	1	0	19,100	0
LUMENTUM HLDGS INC	COM	55024U109	260	6,738	SH		DFND	1	0	6,738	0
M I ACQUISITIONS INC	COM	55304A104	215	21,500	SH		DFND	1	0	21,500	0
MARVELL TECHNOLOGY GROUP LTD	ORD	G5876H105	271	19,513	SH		DFND	1	0	19,513	0
MATTEL INC	COM	577081102	249	9,036	SH		DFND	1	0	9,036	0
MAXWELL TECHNOLOGIES INC	COM	577767106	116	22,705	SH		DFND		0	22,705	0
MCBC HLDGS INC	COM	55276F107	151	10,345	SH		DFND		0	10,345	0
MCBC HLDGS INC	COM	55276F107	272	18,635	SH		DFND	1	0	18,635	0
MICROSOFT CORP	COM	594918104	2,275	36,611	SH		DFND	1	0	36,611	0
MORGAN STANLEY	COM NEW	617446448	465	11,000	SH		DFND	1	0	11,000	0
MORGAN STANLEY	COM NEW	617446448	1,056	25,000	SH	Put	DFND	1	0	25,000	0
MOTORCAR PTS AMER INC	COM	620071100	267	9,933	SH		DFND	1	0	9,933	0
NETLIST INC	COM	64118P109	404	396,455	SH		DFND		0	396,455	0
NETLIST INC	COM	64118P109	897	879,000	SH		DFND	1	0	879,000	0
NETSCOUT SYS INC	COM	64115T104	245	7,774	SH		DFND	1	0	7,774	0
NEW MTN FIN CORP	COM	647551100	423	30,000	SH		DFND	1	0	30,000	0
NIELSEN HLDGS PLC	SHS EUR	G6518L108	206	4,900	SH		DFND	1	0	4,900	0
NUTRI SYS INC NEW	COM	67069D108	243	7,015	SH		DFND	1	0	7,015	0
NUVEEN AMT FREE QLTY MUN INC	COM	670657105	167	12,500	SH		DFND	1	0	12,500	0
NUVEEN BUILD AMER BD FD	COM	67074C103	529	25,623	SH		DFND	1	0	25,623	0
NUVEEN MTG OPPORTUNITY TERM	COM	670735109	232	9,633	SH		DFND	1	0	9,633	0
NUVEEN MUN VALUE FD INC	COM	670928100	141	14,800	SH		DFND	1	0	14,800	0
ON SEMICONDUCTOR CORP	COM	682189105	451	35,373	SH		DFND	1	0	35,373	0
ONE LIBERTY PPTYS INC	COM	682406103	121	15,173	SH		DFND	1	0	15,173	0
PACE HLDGS CORP	CL A	G6865N103	109	10,783	SH		DFND	1	0	10,783	0
PDL BIOPHARMA INC	NOTE 4.000% 2/0	69329YAF1	72	74,000	PRN		DFND		0	74,000	0
PENNANTPARK FLOATING RATE CA	COM	70806A106	2,539	179,970	SH		DFND	1	0	179,970	0
PENNANTPARK INVT CORP	COM	708062104	2,705	353,155	SH		DFND	1	0	353,155	0
PFIZER INC	COM	717081103	227	6,986	SH		DFND	1	0	6,986	0
PFSWEB INC	COM NEW	717098206	269	31,604	SH		DFND	1	0	31,604	0
PIMCO ETF TR	ENHAN SHRT MA AC	72201R833	6,172	60,911	SH		DFND	1	0	60,911	0
PIMCO ETF TR	LOW DURTN AC ETF	72201R718	1,021	10,177	SH		DFND	1	0	10,177	0
PLATFORM SPECIALTY PRODS COR	COM	72766Q105	589	60,000	SH		DFND	1	0	60,000	0
POWERSHARES ETF TR II	PFD PORTFOLIO	73936T565	445	31,244	SH		DFND	1	0	31,244	0
POWERSHARES ETF TRUST	DYN BIOT & GEN	73935X856	237	6,102	SH		DFND	1	0	6,102	0
POWERSHARES QQQ TRUST	UNIT SER 1	73935A104	9,478	80,000	SH	Put	DFND	1	0	80,000	0
POWERSHARES QQQ TRUST	UNIT SER 1	73935A104	901	7,603	SH		DFND	1	0	7,603	0
PRESTIGE BRANDS HLDGS INC	COM	74112D101	269	5,160	SH		DFND	1	0	5,160	0
PROVIDENT FINL SVCS INC	COM	74386T105	354	12,500	SH		DFND	1	0	12,500	0
READING INTERNATIONAL INC	CL A	755408101	285	17,156	SH		DFND	1	0	17,156	0
SCHLUMBERGER LTD	COM	806857108	249	2,969	SH		DFND	1	0	2,969	0
SELECT SECTOR SPDR TR	SBI CONS DISCR	81369Y407	280	3,440	SH		DFND	1	0	3,440	0
SKYWORKS SOLUTIONS INC	COM	83088M102	239	3,196	SH		DFND	1	0	3,196	0
SOLAR CAP LTD	COM	83413U100	335	16,109	SH		DFND	1	0	16,109	0
SOLAR SR CAP LTD	COM	83416M105	4,681	284,706	SH		DFND	1	0	284,706	0
SPDR DOW JONES INDL AVRG ETF	UT SER 1	78467X109	708	3,586	SH		DFND	1	0	3,586	0
SPDR INDEX SHS FDS	GLB NAT RESRCE	78463X541	870	21,161	SH		DFND	1	0	21,161	0
SPDR S&P 500 ETF TR	TR UNIT	78462F103	1,604	7,175	SH		DFND	1	0	7,175	0
SPLUNK INC	COM	848637104	490	9,579	SH		DFND	1	0	9,579	0
SYSOREX GLOBAL	COM NEW	87184N203	194	796,707	SH		DFND		0	796,707	0
TELENAV INC	COM	879455103	2,582	366,187	SH		DFND	1	0	366,187	0
THL CR INC	COM	872438106	302	30,200	SH		DFND	1	0	30,200	0
TIVO CORP	COM	88870P106	265	12,700	SH		DFND	1	0	12,700	0
TORTOISE MLP FD INC	COM	89148B101	881	46,160	SH		DFND	1	0	46,160	0
TRANSACT TECHNOLOGIES INC	COM	892918103	269	40,831	SH		DFND	1	0	40,831	0
TRUECAR INC	COM	89785L107	255	20,408	SH		DFND	1	0	20,408	0
URBAN EDGE PPTYS	COM	91704F104	419	15,215	SH		DFND	1	0	15,215	0
VANGUARD INDEX FDS	GROWTH ETF	922908736	287	2,578	SH		DFND	1	0	2,578	0
VANGUARD INDEX FDS	TOTAL STK MKT	922908769	1,798	15,592	SH		DFND	1	0	15,592	0
VANGUARD INDEX FDS	MID CAP ETF	922908629	3,173	24,109	SH		DFND	1	0	24,109	0
VANGUARD INDEX FDS	LARGE CAP ETF	922908637	7,398	72,269	SH		DFND	1	0	72,269	0
VANGUARD INTL EQUITY INDEX F	FTSE EUROPE ETF	922042874	272	5,667	SH		DFND	1	0	5,667	0
VANGUARD INTL EQUITY INDEX F	ALLWRLD EX US	922042775	300	6,784	SH		DFND	1	0	6,784	0
VANGUARD INTL EQUITY INDEX F	FTSE PACIFIC ETF	922042866	480	8,251	SH		DFND	1	0	8,251	0
VANGUARD INTL EQUITY INDEX F	FTSE EMR MKT ETF	922042858	1,805	50,439	SH		DFND	1	0	50,439	0
VANGUARD MALVERN FDS	STRM INFPROIDX	922020805	2,639	53,690	SH		DFND	1	0	53,690	0
VANGUARD SCOTTSDALE FDS	LG-TERM COR BD	92206C813	656	7,347	SH		DFND	1	0	7,347	0
VANGUARD SCOTTSDALE FDS	INT-TERM CORP	92206C870	2,596	30,290	SH		DFND	1	0	30,290	0
VANGUARD SCOTTSDALE FDS	SHRT TRM CORP BD	92206C409	3,305	41,645	SH		DFND	1	0	41,645	0
VANGUARD SPECIALIZED PORTFOLIO	DIV APP ETF	921908844	1,347	15,814	SH		DFND	1	0	15,814	0
VANGUARD STAR FD	VG TL INTL STK F	921909768	236	5,153	SH		DFND	1	0	5,153	0
VIASAT INC	COM	92552V100	233	3,514	SH		DFND	1	0	3,514	0
WISDOMTREE TR	GLB US QTLY DIV	97717W844	563	12,222	SH		DFND	1	0	12,222	0