EMG 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
AFRICAN GOLD ACQUISITION COR	*W EXP 03/31/202	G0112R124	4	112,498	SH		SOLE	1	112,498	0	0
AG MTG INVT TR INC	COM NEW	001228501	182	44,265	SH		SOLE	1	44,265	0	0
AGNC INVT CORP	COM	00123Q104	14,569	1,730,200	SH		SOLE	1	1,730,200	0	0
AGNC INVT CORP	COM	00123Q104	26,523	3,150,000	SH	Call	SOLE	1	3,150,000	0	0
ALIBABA GROUP HLDG LTD	SPONSORED ADS	01609W102	887	11,090	SH		SOLE	1	11,090	0	0
ALIBABA GROUP HLDG LTD	SPONSORED ADS	01609W102	4,000	50,000	SH	Call	SOLE	1	50,000	0	0
ALIBABA GROUP HLDG LTD	SPONSORED ADS	01609W102	2,320	29,000	SH	Put	SOLE	1	29,000	0	0
ALPHABET INC	CAP STK CL A	02079K305	2,400	25,100	SH		SOLE	1	25,100	0	0
ALPHABET INC	CAP STK CL A	02079K305	8,608	90,000	SH	Put	SOLE	1	90,000	0	0
ALPHABET INC	CAP STK CL C	02079K107	770	8,000	SH		SOLE	1	8,000	0	0
ALPHABET INC	CAP STK CL C	02079K107	4,808	50,000	SH	Call	SOLE	1	50,000	0	0
AMC ENTMT HLDGS INC	CL A COM	00165C104	32	4,567	SH		SOLE	1	4,567	0	0
AMC ENTMT HLDGS INC	CL A COM	00165C104	71,482	10,255,700	SH	Put	SOLE	1	10,255,700	0	0
AMERICAN AIRLS GROUP INC	COM	02376R102	362	30,040	SH		SOLE	1	30,040	0	0
AMERICAN AIRLS GROUP INC	COM	02376R102	44,664	3,709,600	SH	Put	SOLE	1	3,709,600	0	0
ANALOG DEVICES INC	COM	032654105	186	1,330	SH		SOLE	1	1,330	0	0
ANALOG DEVICES INC	COM	032654105	1,324	9,500	SH	Put	SOLE	1	9,500	0	0
ANNALY CAPITAL MANAGEMENT IN	COM NEW	035710839	5,559	323,975	SH		SOLE	1	323,975	0	0
ANTERO RESOURCES CORP	COM	03674X106	916	30,000	SH	Call	SOLE	1	30,000	0	0
ANTERO RESOURCES CORP	COM	03674X106	764	25,000	SH	Put	SOLE	1	25,000	0	0
ARCTOS NORTHSTAR ACQUIS CORP	*W EXP 99/99/999	G0477L126	4	37,498	SH		SOLE	1	37,498	0	0
ARES ACQUISITION CORPORATION	*W EXP 99/99/999	G33032122	6	45,788	SH		SOLE	1	45,788	0	0
ARROWROOT ACQUISITION CORP	*W EXP 03/02/202	04282M110	1	49,999	SH		SOLE	1	49,999	0	0
AUSTERLITZ ACQUISITION CORP	*W EXP 02/19/202	G0633U127	3	24,998	SH		SOLE	1	24,998	0	0
AXOS FINANCIAL INC	COM	05465C100	6,160	180,000	SH	Put	SOLE	1	180,000	0	0
BAUSCH HEALTH COS INC	COM	071734107	1,812	263,000	SH		SOLE	1	263,000	0	0
BIOTE CORP	*W EXP 05/26/202	090683111	8	24,999	SH		SOLE	1	24,999	0	0
BK OF AMERICA CORP	COM	060505104	1,208	40,000	SH		SOLE	1	40,000	0	0
BK OF AMERICA CORP	COM	060505104	3,020	100,000	SH	Put	SOLE	1	100,000	0	0
BLUERIVER ACQUISITION CORP	*W EXP 01/04/202	G1261Q115	0	18,332	SH		SOLE	1	18,332	0	0
BROADSCALE ACQUISITION CORP	*W EXP 02/02/202	11134Y119	0	12,749	SH		SOLE	1	12,749	0	0
BROOKFIELD ASSET MGMT INC	CL A LTD VT SH	112585104	2,658	65,000	SH	Put	SOLE	1	65,000	0	0
BUMBLE INC	COM CL A	12047B105	3,384	157,500	SH	Put	SOLE	1	157,500	0	0
CARS COM INC	COM	14575E105	116	10,000	SH		SOLE	1	10,000	0	0
CARS COM INC	COM	14575E105	1,152	100,000	SH	Put	SOLE	1	100,000	0	0
CARTESIAN GROWTH CORP	*W EXP 02/26/202	G19276115	4	16,236	SH		SOLE	1	16,236	0	0
CATCHA INVESTMENT CORP	*W EXP 99/99/999	G1962Y110	0	16,666	SH		SOLE	1	16,666	0	0
CLARIM ACQUISITION CORP	*W EXP 01/05/202	18049C116	0	16,666	SH		SOLE	1	16,666	0	0
COLICITY INC	*W EXP 02/24/202	194170114	0	11,999	SH		SOLE	1	11,999	0	0
CONSTELLATION ACQUISITN CORP	*W EXP 01/29/202	G2R18K113	0	13,333	SH		SOLE	1	13,333	0	0
CORAZON CAPITAL V838 MONOCER	*W EXP 03/24/202	G24237128	1	33,333	SH		SOLE	1	33,333	0	0
CROWN PROPTECH ACQUISITIONS	*W EXP 99/99/999	G25741110	0	16,666	SH		SOLE	1	16,666	0	0
DHB CAPITAL CORP	*W EXP 03/31/202	23291W117	0	16,666	SH		SOLE	1	16,666	0	0
DHC ACQUISITION CORP	*W EXP 02/25/202	G2758T117	9	49,998	SH		SOLE	1	49,998	0	0
DIGITAL WORLD ACQUISITION CO	CLASS A COM	25400Q105	1,512	90,000	SH	Put	SOLE	1	90,000	0	0
DISH NETWORK CORPORATION	NOTE 2.375% 3/1	25470MAD1	19,899	22,160,000	PRN		SOLE	1	22,160,000	0	0
DISNEY WALT CO	COM	254687106	2,358	25,000	SH	Call	SOLE	1	25,000	0	0
DRAFTKINGS INC NEW	COM CL A	26142V105	1,514	100,000	SH	Call	SOLE	1	100,000	0	0
DRAFTKINGS INC NEW	COM CL A	26142V105	1,514	100,000	SH	Put	SOLE	1	100,000	0	0
ELLINGTON FINANCIAL INC	COM	28852N109	10,542	927,141	SH		SOLE		927,141	0	0
ELLINGTON RESIDENTIAL MTG RE	COM SHS BEN INT	288578107	920	149,086	SH		SOLE		149,086	0	0
EQ HEALTH ACQUISITION CORP	*W EXP 02/02/202	26886A119	1	17,499	SH		SOLE	1	17,499	0	0
ESM ACQUISITION CORPORATION	*W EXP 02/02/202	G3195H112	3	33,333	SH		SOLE	1	33,333	0	0
ETF SER SOLUTIONS	US GLB JETS	26922A842	2,102	140,000	SH	Put	SOLE	1	140,000	0	0
FINTECH EVOLUTION ACQUIS GRO	*W EXP 03/31/202	G3R19A120	4	49,998	SH		SOLE	1	49,998	0	0
FIRST RESERVE SUSTAINABLE GW	*W EXP 03/05/202	336169115	0	12,499	SH		SOLE	1	12,499	0	0
FRANCO NEV CORP	COM	351858105	1,194	10,000	SH		SOLE	1	10,000	0	0
FRANCO NEV CORP	COM	351858105	1,314	11,000	SH	Put	SOLE	1	11,000	0	0
FREEDOM ACQUISITION I CORP	*W EXP 99/99/999	G3663X128	4	24,999	SH		SOLE	1	24,999	0	0
FTAC HERA ACQUISITION CORP	*W EXP 02/28/202	G3728Y111	4	49,999	SH		SOLE	1	49,999	0	0
FUSION ACQUISITION CORP II	*W EXP 02/29/202	36118N110	1	16,666	SH		SOLE	1	16,666	0	0
G SQUARED ASCEND I INC	*W EXP 02/01/202	G4204R117	4	50,000	SH		SOLE	1	50,000	0	0
GAMING & HOSPITALITY ACQU CO	*W EXP 02/04/202	364681114	0	13,333	SH		SOLE	1	13,333	0	0
GLOBALSTAR INC	COM	378973408	5,168	3,250,000	SH		SOLE	1	3,250,000	0	0
GOLDEN ARROW MERGER CORP	*W EXP 07/31/202	380799114	3	49,999	SH		SOLE	1	49,999	0	0
GOODYEAR TIRE & RUBR CO	COM	382550101	322	32,000	SH		SOLE	1	32,000	0	0
GOODYEAR TIRE & RUBR CO	COM	382550101	576	57,000	SH	Put	SOLE	1	57,000	0	0
GORES TECHNOLOGY PARTNERS II	*W EXP 03/16/202	38287L115	2	13,999	SH		SOLE	1	13,999	0	0
GREAT AJAX CORP	COM	38983D300	1,596	212,404	SH		SOLE	1	212,404	0	0
HUDSON EXECUTIVE INVES III	*W EXP 02/22/202	44376L115	3	39,999	SH		SOLE	1	39,999	0	0
HUDSON EXECUTIVE INVS CORP I	*W EXP 01/31/202	443760111	2	37,499	SH		SOLE	1	37,499	0	0
IAA INC	COM	449253103	2,128	66,805	SH		SOLE	1	66,805	0	0
IMPAC MTG HLDGS INC	COM NEW	45254P508	9	30,250	SH		SOLE	1	30,250	0	0
INDEPENDENCE HOLDINGS CORP	*W EXP 03/31/202	G4761A127	4	35,999	SH		SOLE	1	35,999	0	0
INVESCO EXCH TRADED FD TR II	SR LN ETF	46138G508	101	5,000	SH		SOLE	1	5,000	0	0
INVESCO EXCH TRADED FD TR II	SR LN ETF	46138G508	2,020	100,000	SH	Call	SOLE	1	100,000	0	0
INVESCO EXCH TRADED FD TR II	SR LN ETF	46138G508	2,020	100,000	SH	Put	SOLE	1	100,000	0	0
INVESCO QQQ TR	UNIT SER 1	46090E103	53,612	200,600	SH	Put	SOLE	1	200,600	0	0
ISHARES TR	IBOXX HI YD ETF	464288513	2,102	29,450	SH		SOLE	1	29,450	0	0
ISHARES TR	IBOXX HI YD ETF	464288513	12,494	175,000	SH	Call	SOLE	1	175,000	0	0
ISHARES TR	IBOXX HI YD ETF	464288513	172,596	2,417,600	SH	Put	SOLE	1	2,417,600	0	0
ISHARES TR	RUSSELL 2000 ETF	464287655	141,089	855,500	SH	Put	SOLE	1	855,500	0	0
ISHARES TR	U.S. REAL ES ETF	464287739	1,402	17,200	SH	Call	SOLE	1	17,200	0	0
ITIQUIRA ACQUISITION CORP	*W EXP 02/03/202	G49773115	0	10,000	SH		SOLE	1	10,000	0	0
JAWS MUSTANG ACQUISITION COR	*W EXP 01/30/202	G50737124	1	12,499	SH		SOLE	1	12,499	0	0
KE HLDGS INC	SPONSORED ADS	482497104	876	50,000	SH	Call	SOLE	1	50,000	0	0
KE HLDGS INC	SPONSORED ADS	482497104	876	50,000	SH	Put	SOLE	1	50,000	0	0
KERNEL GROUP HOLDINGS INC	*W EXP 02/02/202	G5259L129	2	75,000	SH		SOLE	1	75,000	0	0
KISMET ACQUISITION THREE COR	*W EXP 06/30/202	G5276C102	0	53,522	SH		SOLE	1	53,522	0	0
KISMET ACQUISITION TWO CORP	*W EXP 06/30/202	G52807115	2	41,032	SH		SOLE	1	41,032	0	0
LAZARD GROWTH ACQUISITION CO	*W EXP 02/10/202	G54035111	0	10,998	SH		SOLE	1	10,998	0	0
LIVE OAK MOBILITY ACQUISI CO	*W EXP 03/04/202	538126111	4	19,998	SH		SOLE	1	19,998	0	0
LOANDEPOT INC	COM CL A	53946R106	263	199,417	SH		SOLE	1	199,417	0	0
LOCAL BOUNTI CORP	*W EXP 99/99/999	53960E114	8	18,398	SH		SOLE	1	18,398	0	0
MARATHON DIGITAL HOLDINGS IN	COM	565788106	22,277	2,080,000	SH	Put	SOLE	1	2,080,000	0	0
MASON INDUSTRIAL TECHNOLGY I	*W EXP 99/99/999	57520Y114	4	83,333	SH		SOLE	1	83,333	0	0
MFA FINL INC	COM	55272X607	12,058	1,549,959	SH		SOLE	1	1,549,959	0	0
MGIC INVT CORP WIS	COM	552848103	5,129	400,000	SH	Put	SOLE	1	400,000	0	0
MICROSOFT CORP	COM	594918104	2,329	10,000	SH	Call	SOLE	1	10,000	0	0
MISSION ADVANCEMENT CORP	*W EXP 03/05/202	60501L119	0	33,332	SH		SOLE	1	33,332	0	0
MR COOPER GROUP INC	COM	62482R107	21,319	526,406	SH		SOLE	1	526,406	0	0
MR COOPER GROUP INC	COM	62482R107	20,252	500,000	SH	Call	SOLE	1	500,000	0	0
NEW YORK MTG TR INC	COM PAR $.02	649604501	6,702	2,864,263	SH		SOLE	1	2,864,263	0	0
NIKOLA CORP	COM	654110105	154	43,750	SH		SOLE	1	43,750	0	0
NIKOLA CORP	COM	654110105	264	75,000	SH	Call	SOLE	1	75,000	0	0
NIKOLA CORP	COM	654110105	264	75,000	SH	Put	SOLE	1	75,000	0	0
NORTH ATLANTIC ACQUISITN COR	*W EXP 10/20/202	G66139125	0	16,666	SH		SOLE	1	16,666	0	0
ONE EQUITY PARTNERS OPEN WTR	*W EXP 01/14/202	68237L113	2	19,999	SH		SOLE	1	19,999	0	0
OPENDOOR TECHNOLOGIES INC	COM	683712103	933	300,000	SH	Call	SOLE	1	300,000	0	0
ORION ACQUISITION CORP	*W EXP 02/19/202	68626A116	1	17,499	SH		SOLE	1	17,499	0	0
OYSTER ENTERPRISES ACQ CORP	*W EXP 01/20/202	69242M112	4	21,786	SH		SOLE	1	21,786	0	0
PATHFINDER ACQUISITION CORP	*W EXP 02/19/202	G04119122	0	14,837	SH		SOLE	1	14,837	0	0
PAYPAL HLDGS INC	COM	70450Y103	1,006	11,693	SH		SOLE	1	11,693	0	0
PAYPAL HLDGS INC	COM	70450Y103	2,470	28,700	SH	Call	SOLE	1	28,700	0	0
PENNYMAC CORP	NOTE 5.500% 3/1	70932AAF0	829	1,000,000	PRN		SOLE	1	1,000,000	0	0
PENNYMAC CORP	NOTE 5.500%11/0	70932AAD5	697	750,000	PRN		SOLE	1	750,000	0	0
PERIDOT ACQUISITION CORP II	*W EXP 04/30/202	G7008B121	8	69,999	SH		SOLE	1	69,999	0	0
PERMIAN RESOURCES CORP	CLASS A COM	71424F105	68	10,000	SH		SOLE	1	10,000	0	0
PERMIAN RESOURCES CORP	CLASS A COM	71424F105	204	30,000	SH	Call	SOLE	1	30,000	0	0
PINDUODUO INC	SPONSORED ADS	722304102	1,252	20,000	SH	Put	SOLE	1	20,000	0	0
POWERED BRANDS	*W EXP 01/07/202	G7209M116	1	33,332	SH		SOLE	1	33,332	0	0
PRIVETERRA ACQUISITION CORP	*W EXP 02/28/202	74275N110	2	24,999	SH		SOLE	1	24,999	0	0
RITHM CAPITAL CORP	COM NEW	64828T201	7,322	1,000,100	SH	Call	SOLE	1	1,000,100	0	0
RMG ACQUISITION CORP III	*W EXP 02/08/202	G76088122	0	10,000	SH		SOLE	1	10,000	0	0
SCION TECH GROWTH II	*W EXP 01/28/202	G31070116	2	50,000	SH		SOLE	1	50,000	0	0
SCP & CO HEALTHCARE ACQUSTN	*W EXP 01/27/202	784065112	0	12,499	SH		SOLE	1	12,499	0	0
SIX FLAGS ENTMT CORP NEW	COM	83001A102	2,213	125,033	SH		SOLE	1	125,033	0	0
SLAM CORP	*W EXP 02/23/202	G8210L121	1	19,999	SH		SOLE	1	19,999	0	0
SMARTRENT INC	COM CL A	83193G107	39	17,136	SH		SOLE	1	17,136	0	0
SNAP INC	CL A	83304A106	270	27,550	SH		SOLE	1	27,550	0	0
SNAP INC	CL A	83304A106	294	30,000	SH	Put	SOLE	1	30,000	0	0
SOCIAL LEVERAGE ACQUISN CORP	*W EXP 02/17/202	83363K110	3	12,499	SH		SOLE	1	12,499	0	0
SPDR S&P 500 ETF TR	TR UNIT	78462F103	12,501	35,000	SH	Put	SOLE	1	35,000	0	0
SPDR SER TR	S&P HOMEBUILD	78464A888	5,469	100,000	SH	Put	SOLE	1	100,000	0	0
SUSTAINABLE DEVELP ACQU I CO	*W EXP 02/04/202	86934L111	0	25,000	SH		SOLE	1	25,000	0	0
TAILWIND INTERNATNAL ACQ COR	*W EXP 03/01/202	G8662F119	1	49,999	SH		SOLE	1	49,999	0	0
TCW SPECIAL PURPOSE ACQU COR	*W EXP 99/99/999	87301L114	3	49,998	SH		SOLE	1	49,998	0	0
TELADOC HEALTH INC	COM	87918A105	254	10,000	SH	Call	SOLE	1	10,000	0	0
THE MUSIC ACQUISITION CORP	*W EXP 02/05/202	62752R118	3	75,000	SH		SOLE	1	75,000	0	0
TISHMAN SPEYER INNOVATION CO	*W EXP 02/11/202	88825H118	0	10,000	SH		SOLE	1	10,000	0	0
TRIP COM GROUP LTD	ADS	89677Q107	274	10,000	SH	Put	SOLE	1	10,000	0	0
TRUPANION INC	COM	898202106	892	15,000	SH	Put	SOLE	1	15,000	0	0
TWELVE SEAS INVESTMENT CO II	*W EXP 03/02/202	90118T114	0	16,666	SH		SOLE	1	16,666	0	0
TZP STRATEGIES ACQUISTN CORP	*W EXP 01/06/202	G91595119	2	21,109	SH		SOLE	1	21,109	0	0
UNITED MICROELECTRONICS CORP	SPON ADR NEW	910873405	64	11,500	SH		SOLE	1	11,500	0	0
UNITED MICROELECTRONICS CORP	SPON ADR NEW	910873405	140	25,000	SH	Put	SOLE	1	25,000	0	0
VELOCITY ACQUISITION CORP	*W EXP 02/24/202	92259E112	3	31,665	SH		SOLE	1	31,665	0	0
VIANT TECHNOLOGY INC	COM CL A	92557A101	378	90,000	SH	Put	SOLE	1	90,000	0	0
VPC IMPACT ACQUISITION HLDG	*W EXP 03/05/202	G9460L118	8	124,999	SH		SOLE	1	124,999	0	0
Z-WORK ACQUISITION CORP	*W EXP 01/04/202	98880C110	0	20,594	SH		SOLE	1	20,594	0	0