Lombard Odier Asset 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
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
BIOMARIN PHARMACEUTICAL INC	NOTE 1.500%10/1	09061GAF8	142	120,000	PRN		DFND		120,000	0	0
SOUTHWESTERN ENERGY CO	COM	845467109	130	15,926	SH		DFND		15,926	0	0
VALE S A	ADR REPSTG PFD	91912E204	106	11,761	SH		DFND		11,761	0	0
COMPANIA DE MINAS BUENAVENTU	SPONSORED ADR	204448104	151	12,543	SH		DFND		12,543	0	0
MANULIFE FINL CORP	COM	56501R106	179	10,095	SH		DFND		10,095	0	0
BANK N S HALIFAX	COM	064149107	201	3,433	SH		DFND		3,433	0	0
EOG RES INC	COM	26875P101	203	2,079	SH		DFND		2,079	0	0
KRAFT HEINZ CO	COM	500754106	204	2,245	SH		DFND		2,245	0	0
CORNING INC	COM	219350105	204	7,564	SH		DFND		7,564	0	0
PUBLIC STORAGE	COM	74460D109	205	936	SH		DFND		936	0	0
CANADIAN NAT RES LTD	COM	136385101	205	6,234	SH		DFND		6,234	0	0
PROSPECT CAPITAL CORPORATION	NOTE 5.875% 1/1	74348TAM4	206	200,000	PRN		DFND		200,000	0	0
PIONEER NAT RES CO	COM	723787107	210	1,128	SH		DFND		1,128	0	0
COMPUTER SCIENCES CORP	COM	205363104	211	3,551	SH		DFND		3,551	0	0
ECOLAB INC	COM	278865100	213	1,701	SH		DFND		1,701	0	0
PPG INDS INC	COM	693506107	213	2,026	SH		DFND		2,026	0	0
CROWN CASTLE INTL CORP NEW	COM	22822V101	214	2,265	SH		DFND		2,265	0	0
SEMPRA ENERGY	COM	816851109	216	1,953	SH		DFND		1,953	0	0
COGNIZANT TECHNOLOGY SOLUTIO	CL A	192446102	217	3,650	SH		DFND		3,650	0	0
CITIZENS FINL GROUP INC	COM	174610105	217	6,289	SH		DFND		6,289	0	0
NEXTERA ENERGY INC	COM	65339F101	222	1,727	SH		DFND		1,727	0	0
WALGREENS BOOTS ALLIANCE INC	COM	931427108	222	2,675	SH		DFND		2,675	0	0
AUTOMATIC DATA PROCESSING IN	COM	053015103	228	2,222	SH		DFND		2,222	0	0
SEAGATE TECHNOLOGY PLC	SHS	G7945M107	231	5,027	SH		DFND		5,027	0	0
CAPITAL ONE FINL CORP	COM	14040H105	232	2,678	SH		DFND		2,678	0	0
SUNTRUST BKS INC	COM	867914103	235	4,241	SH		DFND		4,241	0	0
BROADCOM LTD	SHS	Y09827109	236	1,076	SH		DFND		1,076	0	0
NORFOLK SOUTHERN CORP	COM	655844108	237	2,118	SH		DFND		2,118	0	0
LYONDELLBASELL INDUSTRIES N	SHS - A -	N53745100	237	2,600	SH		DFND		2,600	0	0
AMERICAN TOWER CORP NEW	COM	03027X100	238	1,962	SH		DFND		1,962	0	0
SHIRE PLC	SPONSORED ADR	82481R106	239	1,371	SH		DFND		1,371	0	0
BANK NEW YORK MELLON CORP	COM	064058100	242	5,119	SH		DFND		5,119	0	0
BB&T CORP	COM	054937107	244	5,453	SH		DFND		5,453	0	0
SYSCO CORP	COM	871829107	245	4,728	SH		DFND		4,728	0	0
MCKESSON CORP	COM	58155Q103	246	1,662	SH		DFND		1,662	0	0
KIMBERLY CLARK CORP	COM	494368103	247	1,880	SH		DFND		1,880	0	0
DOMINION RES INC VA NEW	COM	25746U109	248	3,203	SH		DFND		3,203	0	0
AMERICAN EXPRESS CO	COM	025816109	250	3,165	SH		DFND		3,165	0	0
CAE INC	COM	124765108	250	16,400	SH		DFND		16,400	0	0
GOLDMAN SACHS GROUP INC	COM	38141G104	251	1,091	SH		DFND		1,091	0	0
RED HAT INC	COM	756577102	252	2,916	SH		DFND		2,916	0	0
AMERICAN ELEC PWR INC	COM	025537101	252	3,758	SH		DFND		3,758	0	0
METLIFE INC	COM	59156R108	254	4,818	SH		DFND		4,818	0	0
OCCIDENTAL PETE CORP DEL	COM	674599105	257	4,053	SH		DFND		4,053	0	0
TRANSCANADA CORP	COM	89353D107	257	5,585	SH		DFND		5,585	0	0
GENERAL MLS INC	COM	370334104	260	4,414	SH		DFND		4,414	0	0
CATERPILLAR INC DEL	COM	149123101	268	2,894	SH		DFND		2,894	0	0
INTUIT	COM	461202103	271	2,339	SH		DFND		2,339	0	0
SALESFORCE COM INC	COM	79466L302	273	3,311	SH		DFND		3,311	0	0
WASTE MGMT INC DEL	COM	94106L109	284	3,892	SH		DFND		3,892	0	0
IMPERIAL OIL LTD	COM NEW	453038408	286	9,386	SH		DFND		9,386	0	0
AMERICAN INTL GROUP INC	COM NEW	026874784	290	4,646	SH		DFND		4,646	0	0
SCHLUMBERGER LTD	COM	806857108	293	3,747	SH		DFND		3,747	0	0
BIOGEN INC	COM	09062X103	301	1,102	SH		DFND		1,102	0	0
AON PLC	SHS CL A	G0408V102	302	2,545	SH		DFND		2,545	0	0
UNITED PARCEL SERVICE INC	CL B	911312106	309	2,877	SH		DFND		2,877	0	0
FEDEX CORP	COM	31428X106	313	1,603	SH		DFND		1,603	0	0
NETFLIX INC	COM	64110L106	313	2,117	SH		DFND		2,117	0	0
MONSANTO CO NEW	COM	61166W101	315	2,787	SH		DFND		2,787	0	0
BECTON DICKINSON & CO	COM	075887109	316	1,725	SH		DFND		1,725	0	0
PNC FINL SVCS GROUP INC	COM	693475105	320	2,658	SH		DFND		2,658	0	0
EMERSON ELEC CO	COM	291011104	321	5,355	SH		DFND		5,355	0	0
SUNCOR ENERGY INC NEW	COM	867224107	325	10,593	SH		DFND		10,593	0	0
TELUS CORP	COM	87971M103	326	10,070	SH		DFND		10,070	0	0
CHUBB LIMITED	COM	H1467J104	333	2,443	SH		DFND		2,443	0	0
O REILLY AUTOMOTIVE INC NEW	COM	67103H107	334	1,237	SH		DFND		1,237	0	0
MCDONALDS CORP	COM	580135101	334	2,579	SH		DFND		2,579	0	0
MEDTRONIC PLC	SHS	G5960L103	334	4,146	SH		DFND		4,146	0	0
DU PONT E I DE NEMOURS & CO	COM	263534109	334	4,154	SH		DFND		4,154	0	0
PRICELINE GRP INC	NOTE 0.900% 9/1	741503AX4	337	300,000	PRN		DFND		300,000	0	0
UNION PAC CORP	COM	907818108	346	3,270	SH		DFND		3,270	0	0
BCE INC	COM NEW	05534B760	353	7,974	SH		DFND		7,974	0	0
BRISTOL MYERS SQUIBB CO	COM	110122108	354	6,503	SH		DFND		6,503	0	0
CVS HEALTH CORP	COM	126650100	361	4,596	SH		DFND		4,596	0	0
ENBRIDGE INC	COM	29250N105	363	8,761	SH		DFND		8,761	0	0
SHERWIN WILLIAMS CO	COM	824348106	364	1,173	SH		DFND		1,173	0	0
ABBOTT LABS	COM	002824100	373	8,409	SH		DFND		8,409	0	0
GOODYEAR TIRE & RUBR CO	COM	382550101	373	10,355	SH		DFND		10,355	0	0
DOW CHEM CO	COM	260543103	381	5,995	SH		DFND		5,995	0	0
STARWOOD PPTY TR INC	NOTE 4.000% 1/1	85571BAB1	387	340,000	PRN		DFND		340,000	0	0
QUALCOMM INC	COM	747525103	388	6,760	SH		DFND		6,760	0	0
RIO TINTO PLC	SPONSORED ADR	767204100	390	9,577	SH		DFND		9,577	0	0
NUANCE COMMUNICATIONS INC	DBCV 1.000%12/1	67020YAK6	391	410,000	PRN		DFND		410,000	0	0
CREDICORP LTD	COM	G2519Y108	397	2,433	SH		DFND		2,433	0	0
NIKE INC	CL B	654106103	398	7,139	SH		DFND		7,139	0	0
IMPAX LABORATORIES INC	NOTE 2.000% 6/1	45256BAE1	400	490,000	PRN		DFND		490,000	0	0
MOBILE TELESYSTEMS PJSC	SPONSORED ADR	607409109	409	37,040	SH		DFND		37,040	0	0
ARES CAP CORP	NOTE 4.375% 1/1	04010LAM5	413	400,000	PRN		DFND		400,000	0	0
ROYAL BK CDA MONTREAL QUE	COM	780087102	415	5,705	SH		DFND		5,705	0	0
ACCENTURE PLC IRELAND	SHS CLASS A	G1151C101	416	3,474	SH		DFND		3,474	0	0
GILEAD SCIENCES INC	COM	375558103	416	6,129	SH		DFND		6,129	0	0
US BANCORP DEL	COM NEW	902973304	422	8,196	SH		DFND		8,196	0	0
JAZZ INVESTMENTS I LTD	NOTE 1.875% 8/1	472145AB7	428	400,000	PRN		DFND		400,000	0	0
STATE STR CORP	COM	857477103	437	5,495	SH		DFND		5,495	0	0
LILLY ELI & CO	COM	532457108	440	5,226	SH		DFND		5,226	0	0
PRICELINE GRP INC	COM NEW	741503403	461	259	SH		DFND		259	0	0
MASTERCARD INCORPORATED	CL A	57636Q104	461	4,097	SH		DFND		4,097	0	0
CONSOLIDATED EDISON INC	COM	209115104	465	5,987	SH		DFND		5,987	0	0
CEMEX SAB DE CV	NOTE 3.750% 3/1	151290BC6	467	400,000	PRN		DFND		400,000	0	0
AERCAP HOLDINGS NV	SHS	N00985106	484	10,527	SH		DFND		10,527	0	0
MICRON TECHNOLOGY INC	COM	595112103	485	16,788	SH		DFND		16,788	0	0
VMWARE INC	CL A COM	928563402	495	5,369	SH		DFND		5,369	0	0
WESTERN DIGITAL CORP	COM	958102105	513	6,210	SH		DFND		6,210	0	0
BLUE BUFFALO PET PRODS INC	COM	09531U102	513	22,300	SH		DFND		22,300	0	0
DYCOM INDS INC	NOTE 0.750% 9/1	267475AB7	515	440,000	PRN		DFND		440,000	0	0
BORGWARNER INC	COM	099724106	516	12,349	SH		DFND		12,349	0	0
AMGEN INC	COM	031162100	534	3,253	SH		DFND		3,253	0	0
TEVA PHARMACEUTICAL FIN LLC	DBCV 0.250% 2/0	88163VAE9	535	500,000	PRN		DFND		500,000	0	0
STARWOOD PPTY TR INC	NOTE 4.550% 3/0	85571BAA3	547	500,000	PRN		DFND		500,000	0	0
LIBERTY BROADBAND CORP	COM SER C	530307305	551	6,377	SH		DFND		6,377	0	0
ENCANA CORP	COM	292505104	553	47,287	SH		DFND		47,287	0	0
3M CO	COM	88579Y101	557	2,911	SH		DFND		2,911	0	0
EURONET WORLDWIDE INC	NOTE 1.500%10/0	298736AH2	557	440,000	PRN		DFND		440,000	0	0
KLA-TENCOR CORP	COM	482480100	575	6,050	SH		DFND		6,050	0	0
ORACLE CORP	COM	68389X105	575	12,891	SH		DFND		12,891	0	0
TEXAS INSTRS INC	COM	882508104	580	7,205	SH		DFND		7,205	0	0
CISCO SYS INC	COM	17275R102	582	17,206	SH		DFND		17,206	0	0
ILLUMINA INC	NOTE 6/1	452327AF6	587	580,000	PRN		DFND		580,000	0	0
REINSURANCE GROUP AMER INC	COM NEW	759351604	594	4,676	SH		DFND		4,676	0	0
JONES LANG LASALLE INC	COM	48020Q107	604	5,418	SH		DFND		5,418	0	0
MAXIM INTEGRATED PRODS INC	COM	57772K101	606	13,486	SH		DFND		13,486	0	0
MERCK & CO INC	COM	58933Y105	612	9,625	SH		DFND		9,625	0	0
NEW ORIENTAL ED & TECH GRP I	SPON ADR	647581107	615	10,189	SH		DFND		10,189	0	0
FLEX LTD	ORD	Y2573F102	617	36,741	SH		DFND		36,741	0	0
URBAN OUTFITTERS INC	COM	917047102	629	26,484	SH		DFND		26,484	0	0
HOLOGIC INC	DEBT 2.000% 3/0	436440AC5	629	450,000	PRN		DFND		450,000	0	0
FORD MTR CO DEL	COM PAR $0.01	345370860	635	54,585	SH		DFND		54,585	0	0
MANPOWERGROUP INC	COM	56418H100	639	6,228	SH		DFND		6,228	0	0
FIFTH THIRD BANCORP	COM	316773100	648	25,510	SH		DFND		25,510	0	0
PROSPECT CAPITAL CORPORATION	NOTE 4.750% 4/1	74348TAQ5	652	660,000	PRN		DFND		660,000	0	0
TORONTO DOMINION BK ONT	COM NEW	891160509	660	13,200	SH		DFND		13,200	0	0
INTEL CORP	COM	458140100	661	18,339	SH		DFND		18,339	0	0
NXP SEMICONDUCTORS N V	COM	N6596X109	682	6,587	SH		DFND		6,587	0	0
UNITED RENTALS INC	COM	911363109	685	5,479	SH		DFND		5,479	0	0
ALASKA AIR GROUP INC	COM	011659109	693	7,511	SH		DFND		7,511	0	0
CHEVRON CORP NEW	COM	166764100	694	6,462	SH		DFND		6,462	0	0
SYMANTEC CORP	COM	871503108	699	22,787	SH		DFND		22,787	0	0
INTERNATIONAL BUSINESS MACHS	COM	459200101	702	4,031	SH		DFND		4,031	0	0
ANALOG DEVICES INC	COM	032654105	702	8,566	SH		DFND		8,566	0	0
SERVICENOW INC	NOTE 11/0	81762PAB8	722	560,000	PRN		DFND		560,000	0	0
ELDORADO GOLD CORP NEW	COM	284902103	748	218,849	SH		DFND		218,849	0	0
PEPSICO INC	COM	713448108	756	6,760	SH		DFND		6,760	0	0
TAL ED GROUP	ADS REPSTG COM	874080104	759	7,124	SH		DFND		7,124	0	0
CITIGROUP INC	COM NEW	172967424	760	12,711	SH		DFND		12,711	0	0
PHILIP MORRIS INTL INC	COM	718172109	763	6,756	SH		DFND		6,756	0	0
BERKSHIRE HATHAWAY INC DEL	CL B NEW	084670702	777	4,662	SH		DFND		4,662	0	0
XYLEM INC	COM	98419M100	783	15,593	SH		DFND		15,593	0	0
XILINX INC	COM	983919101	787	13,602	SH		DFND		13,602	0	0
DISNEY WALT CO	COM DISNEY	254687106	796	7,024	SH		DFND		7,024	0	0
INTERPUBLIC GROUP COS INC	COM	460690100	799	32,537	SH		DFND		32,537	0	0
BROCADE COMMUNICATIONS SYS I	NOTE 1.375% 1/0	111621AQ1	809	800,000	PRN		DFND		800,000	0	0
RESMED INC	COM	761152107	812	11,285	SH		DFND		11,285	0	0
PFIZER INC	COM	717081103	813	23,756	SH		DFND		23,756	0	0
LIBERTY INTERACTIVE LLC	DEB 1.750% 9/3	530610AD6	816	724,000	PRN		DFND		724,000	0	0
PROCTER AND GAMBLE CO	COM	742718109	820	9,128	SH		DFND		9,128	0	0
ISHARES	ALL PERU CAP ETF	464289842	825	24,200	SH		DFND		24,200	0	0
MICHAEL KORS HLDGS LTD	SHS	G60754101	829	21,748	SH		DFND		21,748	0	0
CORE LABORATORIES N V	COM	N22717107	836	7,233	SH		DFND		7,233	0	0
NUVASIVE INC	NOTE 2.250% 3/1	670704AG0	847	620,000	PRN		DFND		620,000	0	0
LIBERTY PPTY TR	SH BEN INT	531172104	851	22,073	SH		DFND		22,073	0	0
MICRON TECHNOLOGY INC	NOTE 3.000%11/1	595112AY9	851	760,000	PRN		DFND		760,000	0	0
TIME WARNER INC	COM NEW	887317303	852	8,715	SH		DFND		8,715	0	0
RPM INTL INC	NOTE 2.250%12/1	749685AT0	865	720,000	PRN		DFND		720,000	0	0
QORVO INC	COM	74736K101	866	12,633	SH		DFND		12,633	0	0
ARES CAP CORP	NOTE 4.750% 1/1	04010LAJ2	878	860,000	PRN		DFND		860,000	0	0
MEDNAX INC	COM	58502B106	882	12,718	SH		DFND		12,718	0	0
NORDSTROM INC	COM	655664100	890	19,106	SH		DFND		19,106	0	0
AFLAC INC	COM	001055102	893	12,336	SH		DFND		12,336	0	0
TRINITY INDS INC	NOTE 3.875% 6/0	896522AF6	904	740,000	PRN		DFND		740,000	0	0
TRANSOCEAN LTD	REG SHS	H8817H100	908	72,915	SH		DFND		72,915	0	0
NXP SEMICONDUCTORS N V	DBCV 1.000%12/0	62952QAB6	926	800,000	PRN		DFND		800,000	0	0
VARIAN MED SYS INC	COM	92220P105	932	10,227	SH		DFND		10,227	0	0
CENTENE CORP DEL	COM	15135B101	940	13,196	SH		DFND		13,196	0	0
LIBERTY MEDIA CORP DELAWARE	NOTE 1.375%10/1	531229AB8	944	830,000	PRN		DFND		830,000	0	0
TELEFLEX INC	COM	879369106	945	4,876	SH		DFND		4,876	0	0
QUANTA SVCS INC	COM	74762E102	955	25,727	SH		DFND		25,727	0	0
GAP INC DEL	COM	364760108	972	40,014	SH		DFND		40,014	0	0
BUNGE LIMITED	COM	G16962105	1,002	12,640	SH		DFND		12,640	0	0
JACOBS ENGR GROUP INC DEL	COM	469814107	1,009	18,257	SH		DFND		18,257	0	0
MURPHY OIL CORP	COM	626717102	1,029	35,986	SH		DFND		35,986	0	0
AETNA INC NEW	COM	00817Y108	1,043	8,181	SH		DFND		8,181	0	0
HOME DEPOT INC	COM	437076102	1,060	7,222	SH		DFND		7,222	0	0
PROLOGIS INC	COM	74340W103	1,065	20,530	SH		DFND		20,530	0	0
GARMIN LTD	SHS	H2906T109	1,073	20,995	SH		DFND		20,995	0	0
ZIONS BANCORPORATION	COM	989701107	1,074	25,567	SH		DFND		25,567	0	0
REGIONS FINL CORP NEW	COM	7591EP100	1,077	74,144	SH		DFND		74,144	0	0
ALPHABET INC	CAP STK CL A	02079K305	1,083	1,277	SH		DFND		1,277	0	0
STAPLES INC	COM	855030102	1,105	125,971	SH		DFND		125,971	0	0
AVALONBAY CMNTYS INC	COM	053484101	1,130	6,155	SH		DFND		6,155	0	0
BEST BUY INC	COM	086516101	1,147	23,334	SH		DFND		23,334	0	0
CAMPBELL SOUP CO	COM	134429109	1,155	20,172	SH		DFND		20,172	0	0
WELLS FARGO & CO NEW	COM	949746101	1,156	20,764	SH		DFND		20,764	0	0
HUNTINGTON BANCSHARES INC	COM	446150104	1,180	88,102	SH		DFND		88,102	0	0
SOUTHWEST AIRLS CO	COM	844741108	1,184	22,015	SH		DFND		22,015	0	0
GENERAL ELECTRIC CO	COM	369604103	1,185	39,775	SH		DFND		39,775	0	0
ROBERT HALF INTL INC	COM	770323103	1,188	24,324	SH		DFND		24,324	0	0
CHIPOTLE MEXICAN GRILL INC	COM	169656105	1,227	2,753	SH		DFND		2,753	0	0
GENERAL MTRS CO	COM	37045V100	1,244	35,178	SH		DFND		35,178	0	0
TESORO CORP	COM	881609101	1,273	15,701	SH		DFND		15,701	0	0
PULTE GROUP INC	COM	745867101	1,274	54,092	SH		DFND		54,092	0	0
CRITEO S A	SPONS ADS	226718104	1,275	25,500	SH		DFND		25,500	0	0
JPMORGAN CHASE & CO	COM	46625H100	1,284	14,618	SH		DFND		14,618	0	0
FOOT LOCKER INC	COM	344849104	1,291	17,257	SH		DFND		17,257	0	0
HARLEY DAVIDSON INC	COM	412822108	1,291	21,331	SH		DFND		21,331	0	0
BAXTER INTL INC	COM	071813109	1,292	24,921	SH		DFND		24,921	0	0
F5 NETWORKS INC	COM	315616102	1,293	9,070	SH		DFND		9,070	0	0
EXXON MOBIL CORP	COM	30231G102	1,293	15,764	SH		DFND		15,764	0	0
BANK AMER CORP	COM	060505104	1,295	54,899	SH		DFND		54,899	0	0
COTY INC	COM CL A	222070203	1,296	71,500	SH		DFND		71,500	0	0
HEWLETT PACKARD ENTERPRISE C	COM	42824C109	1,307	55,144	SH		DFND		55,144	0	0
LINCOLN NATL CORP IND	COM	534187109	1,309	20,006	SH		DFND		20,006	0	0
AKAMAI TECHNOLOGIES INC	DBCV 2/1	00971TAG6	1,309	1,320,000	PRN		DFND		1,320,000	0	0
WESTROCK CO	COM	96145D105	1,311	25,203	SH		DFND		25,203	0	0
SCRIPPS NETWORKS INTERACT IN	CL A COM	811065101	1,355	17,292	SH		DFND		17,292	0	0
JUNIPER NETWORKS INC	COM	48203R104	1,365	49,042	SH		DFND		49,042	0	0
JOHNSON & JOHNSON	COM	478160104	1,376	11,045	SH		DFND		11,045	0	0
SNAP ON INC	COM	833034101	1,420	8,419	SH		DFND		8,419	0	0
SALESFORCE COM INC	NOTE 0.250% 4/0	79466LAD6	1,420	1,100,000	PRN		DFND		1,100,000	0	0
XEROX CORP	COM	984121103	1,421	193,600	SH		DFND		193,600	0	0
ELECTRONIC ARTS INC	COM	285512109	1,433	16,008	SH		DFND		16,008	0	0
COMERICA INC	COM	200340107	1,442	21,031	SH		DFND		21,031	0	0
MONDELEZ INTL INC	CL A	609207105	1,459	33,858	SH		DFND		33,858	0	0
YUM BRANDS INC	COM	988498101	1,479	23,140	SH		DFND		23,140	0	0
NATIONAL OILWELL VARCO INC	COM	637071101	1,494	37,258	SH		DFND		37,258	0	0
PVH CORP	COM	693656100	1,536	14,849	SH		DFND		14,849	0	0
EQT CORP	COM	26884L109	1,539	25,184	SH		DFND		25,184	0	0
NRG ENERGY INC	COM NEW	629377508	1,545	82,596	SH		DFND		82,596	0	0
KEYCORP NEW	COM	493267108	1,548	87,053	SH		DFND		87,053	0	0
ILLUMINA INC	NOTE 0.500% 6/1	452327AH2	1,562	1,500,000	PRN		DFND		1,500,000	0	0
DARDEN RESTAURANTS INC	COM	237194105	1,569	18,756	SH		DFND		18,756	0	0
PAYPAL HLDGS INC	COM	70450Y103	1,569	36,482	SH		DFND		36,482	0	0
COLGATE PALMOLIVE CO	COM	194162103	1,574	21,499	SH		DFND		21,499	0	0
MACQUARIE BK LTD	MTNF 6.125%12/3	55608YAC9	1,610	1,600,000	PRN		DFND		1,600,000	0	0
ROSS STORES INC	COM	778296103	1,617	24,551	SH		DFND		24,551	0	0
COSTCO WHSL CORP NEW	COM	22160K105	1,674	9,984	SH		DFND		9,984	0	0
FLIR SYS INC	COM	302445101	1,692	46,646	SH		DFND		46,646	0	0
DISCOVER FINL SVCS	COM	254709108	1,693	24,758	SH		DFND		24,758	0	0
ROCKWELL AUTOMATION INC	COM	773903109	1,696	10,892	SH		DFND		10,892	0	0
BED BATH & BEYOND INC	COM	075896100	1,698	43,041	SH		DFND		43,041	0	0
UNIVERSAL HLTH SVCS INC	CL B	913903100	1,705	13,698	SH		DFND		13,698	0	0
HASBRO INC	COM	418056107	1,714	17,166	SH		DFND		17,166	0	0
UNUM GROUP	COM	91529Y106	1,721	36,702	SH		DFND		36,702	0	0
RAYTHEON CO	COM NEW	755111507	1,779	11,664	SH		DFND		11,664	0	0
HARRIS CORP DEL	COM	413875105	1,788	16,068	SH		DFND		16,068	0	0
EXPEDITORS INTL WASH INC	COM	302130109	1,811	32,062	SH		DFND		32,062	0	0
EASTMAN CHEM CO	COM	277432100	1,818	22,499	SH		DFND		22,499	0	0
STARBUCKS CORP	COM	855244109	1,872	32,066	SH		DFND		32,066	0	0
F M C CORP	COM NEW	302491303	1,890	27,166	SH		DFND		27,166	0	0
PRINCIPAL FINL GROUP INC	COM	74251V102	1,890	29,945	SH		DFND		29,945	0	0
ISHARES	MSCI TURKEY ETF	464286715	1,890	52,800	SH		DFND		52,800	0	0
MICROSOFT CORP	COM	594918104	1,949	29,600	SH		DFND		29,600	0	0
VANGUARD INTL EQUITY INDEX F	TT WRLD ST ETF	922042742	1,969	30,184	SH		DFND		30,184	0	0
NEWMONT MINING CORP	COM	651639106	2,017	61,204	SH		DFND		61,204	0	0
COCA COLA CO	COM	191216100	2,039	48,056	SH		DFND		48,056	0	0
VALERO ENERGY CORP NEW	COM	91913Y100	2,047	30,887	SH		DFND		30,887	0	0
EXTRA SPACE STORAGE INC	COM	30225T102	2,056	27,641	SH		DFND		27,641	0	0
INTUITIVE SURGICAL INC	COM NEW	46120E602	2,077	2,710	SH		DFND		2,710	0	0
NETAPP INC	COM	64110D104	2,101	50,197	SH		DFND		50,197	0	0
CUMMINS INC	COM	231021106	2,105	13,920	SH		DFND		13,920	0	0
TORCHMARK CORP	COM	891027104	2,111	27,403	SH		DFND		27,403	0	0
COOPER COS INC	COM NEW	216648402	2,120	10,604	SH		DFND		10,604	0	0
INGERSOLL-RAND PLC	SHS	G47791101	2,136	26,264	SH		DFND		26,264	0	0
ZIMMER BIOMET HLDGS INC	COM	98956P102	2,146	17,572	SH		DFND		17,572	0	0
ISHARES INC	MSCI TAIWAN ETF	46434G772	2,173	65,400	SH		DFND		65,400	0	0
ASSURANT INC	COM	04621X108	2,183	22,821	SH		DFND		22,821	0	0
TYSON FOODS INC	CL A	902494103	2,190	35,492	SH		DFND		35,492	0	0
WEYERHAEUSER CO	COM	962166104	2,197	64,652	SH		DFND		64,652	0	0
LAM RESEARCH CORP	COM	512807108	2,233	17,397	SH		DFND		17,397	0	0
VISA INC	COM CL A	92826C839	2,234	25,140	SH		DFND		25,140	0	0
CBRE GROUP INC	CL A	12504L109	2,238	64,320	SH		DFND		64,320	0	0
MID AMER APT CMNTYS INC	COM	59522J103	2,239	22,004	SH		DFND		22,004	0	0
INTERNATIONAL FLAVORS&FRAGRA	COM	459506101	2,290	17,276	SH		DFND		17,276	0	0
EBAY INC	COM	278642103	2,328	69,340	SH		DFND		69,340	0	0
IDEXX LABS INC	COM	45168D104	2,352	15,211	SH		DFND		15,211	0	0
ALLSTATE CORP	COM	020002101	2,372	29,113	SH		DFND		29,113	0	0
LABORATORY CORP AMER HLDGS	COM NEW	50540R409	2,381	16,597	SH		DFND		16,597	0	0
APPLIED MATLS INC	COM	038222105	2,383	61,266	SH		DFND		61,266	0	0
BARD C R INC	COM	067383109	2,458	9,888	SH		DFND		9,888	0	0
WELLTOWER INC	COM	95040Q104	2,458	34,701	SH		DFND		34,701	0	0
TJX COS INC NEW	COM	872540109	2,576	32,577	SH		DFND		32,577	0	0
FEDERAL REALTY INVT TR	SH BEN INT NEW	313747206	2,600	19,477	SH		DFND		19,477	0	0
ARCHER DANIELS MIDLAND CO	COM	039483102	2,624	56,993	SH		DFND		56,993	0	0
RED HAT INC	NOTE 0.250%10/0	756577AD4	2,654	2,040,000	PRN		DFND		2,040,000	0	0
FACEBOOK INC	CL A	30303M102	2,671	18,802	SH		DFND		18,802	0	0
CLOROX CO DEL	COM	189054109	2,696	19,995	SH		DFND		19,995	0	0
STANLEY BLACK & DECKER INC	COM	854502101	2,785	20,962	SH		DFND		20,962	0	0
AVERY DENNISON CORP	COM	053611109	2,818	34,957	SH		DFND		34,957	0	0
LAUDER ESTEE COS INC	CL A	518439104	3,065	36,152	SH		DFND		36,152	0	0
CAMPING WORLD HLDGS INC	CL A	13462K109	3,224	100,000	SH		DFND		100,000	0	0
APPLE INC	COM	037833100	3,235	22,518	SH		DFND		22,518	0	0
TECHNIPFMC PLC	COM	G87110105	3,411	104,965	SH		DFND		104,965	0	0
QUEST DIAGNOSTICS INC	COM	74834L100	3,436	34,990	SH		DFND		34,990	0	0
ALLIANT ENERGY CORP	COM	018802108	3,468	87,548	SH		DFND		87,548	0	0
SMUCKER J M CO	COM NEW	832696405	3,484	26,579	SH		DFND		26,579	0	0
PINNACLE WEST CAP CORP	COM	723484101	3,497	41,937	SH		DFND		41,937	0	0
WATERS CORP	COM	941848103	3,534	22,612	SH		DFND		22,612	0	0
ENTERGY CORP NEW	COM	29364G103	3,535	46,538	SH		DFND		46,538	0	0
REYNOLDS AMERICAN INC	COM	761713106	3,555	56,408	SH		DFND		56,408	0	0
TORO CO	COM	891092108	3,748	60,000	SH		DFND		60,000	0	0
THERMO FISHER SCIENTIFIC INC	COM	883556102	3,749	24,405	SH		DFND		24,405	0	0
EDISON INTL	COM	281020107	3,874	48,665	SH		DFND		48,665	0	0
PUBLIC SVC ENTERPRISE GROUP	COM	744573106	3,888	87,658	SH		DFND		87,658	0	0
HALOZYME THERAPEUTICS INC	COM	40637H109	3,888	300,000	SH		DFND		300,000	0	0
VANGUARD INTL EQUITY INDEX F	FTSE EMR MKT ETF	922042858	3,892	97,979	SH		DFND		97,979	0	0
HORMEL FOODS CORP	COM	440452100	4,089	118,082	SH		DFND		118,082	0	0
ALTRIA GROUP INC	COM	02209S103	4,254	59,558	SH		DFND		59,558	0	0
CITRIX SYS INC	NOTE 0.500% 4/1	177376AD2	4,497	3,580,000	PRN		DFND		3,580,000	0	0
PRICELINE GRP INC	NOTE 0.350% 6/1	741503AS5	4,567	3,200,000	PRN		DFND		3,200,000	0	0
HUMANA INC	COM	444859102	4,810	23,336	SH		DFND		23,336	0	0
INTEL CORP	SDCV 12/1	458140AD2	4,922	3,620,000	PRN		DFND		3,620,000	0	0
AT&T INC	COM	00206R102	4,978	119,808	SH		DFND		119,808	0	0
ABIOMED INC	COM	003654100	5,008	40,000	SH		DFND		40,000	0	0
CHURCH & DWIGHT INC	COM	171340102	5,119	102,652	SH		DFND		102,652	0	0
BLACKSTONE GROUP L P	COM UNIT LTD	09253U108	5,346	180,000	SH		DFND		180,000	0	0
KKR & CO L P DEL	COM UNITS	48248M102	5,469	300,000	SH		DFND		300,000	0	0
APOLLO GLOBAL MGMT LLC	CL A SHS	037612306	5,472	225,000	SH		DFND		225,000	0	0
BLACKROCK INC	COM	09247X101	5,561	14,500	SH		DFND		14,500	0	0
ISHARES TR	3-7 YR TR BD ETF	464288661	5,565	45,228	SH		DFND		45,228	0	0
ANTHEM INC	COM	036752103	5,788	35,000	SH		DFND		35,000	0	0
BOSTON SCIENTIFIC CORP	COM	101137107	6,120	246,099	SH		DFND		246,099	0	0
ABBVIE INC	COM	00287Y109	7,432	114,060	SH		DFND		114,060	0	0
INTEGRA LIFESCIENCES HLDGS C	COM NEW	457985208	7,583	180,000	SH		DFND		180,000	0	0
TIFFANY & CO NEW	COM	886547108	7,587	79,614	SH		DFND		79,614	0	0
ISHARES TR	JP MOR EM MK ETF	464288281	7,865	69,170	SH		DFND		69,170	0	0
NUVASIVE INC	COM	670704105	8,402	112,500	SH		DFND		112,500	0	0
SCHEIN HENRY INC	COM	806407102	8,499	50,000	SH		DFND		50,000	0	0
HOLOGIC INC	COM	436440101	8,510	200,000	SH		DFND		200,000	0	0
METTLER TOLEDO INTERNATIONAL	COM	592688105	8,620	18,000	SH		DFND		18,000	0	0
EDWARDS LIFESCIENCES CORP	COM	28176E108	9,056	96,273	SH		DFND		96,273	0	0
PRUDENTIAL FINL INC	COM	744320102	9,708	91,005	SH		DFND		91,005	0	0
ARCOS DORADOS HOLDINGS INC	SHS CLASS -A -	G0457F107	10,141	1,259,800	SH		DFND		1,259,800	0	0
STRYKER CORP	COM	863667101	10,813	82,138	SH		DFND		82,138	0	0
MORGAN STANLEY	COM NEW	617446448	10,984	256,391	SH		DFND		256,391	0	0
ALPHABET INC	CAP STK CL C	02079K107	11,002	13,262	SH		DFND		13,262	0	0
VOYA FINL INC	COM	929089100	11,388	300,000	SH		DFND		300,000	0	0
VAIL RESORTS INC	COM	91879Q109	11,514	60,000	SH		DFND		60,000	0	0
BRUNSWICK CORP	COM	117043109	11,628	190,000	SH		DFND		190,000	0	0
UNITEDHEALTH GROUP INC	COM	91324P102	11,715	71,429	SH		DFND		71,429	0	0
YANDEX N V	SHS CLASS A	N97284108	11,864	541,000	SH		DFND		541,000	0	0
VANGUARD INTL EQUITY INDEX F	FTSE PACIFIC ETF	922042866	12,470	197,062	SH		DFND		197,062	0	0
AMAZON COM INC	COM	023135106	13,150	14,833	SH		DFND		14,833	0	0
ISHARES TR	MSCI INDIA ETF	46429B598	13,268	421,400	SH		DFND		421,400	0	0
CIGNA CORPORATION	COM	125509109	14,324	97,779	SH		DFND		97,779	0	0
ISHARES TR	NASDQ BIOTEC ETF	464287556	14,664	50,000	SH		DFND		50,000	0	0
ULTA BEAUTY INC	COM	90384S303	15,285	53,589	SH		DFND		53,589	0	0
COMPANHIA BRASILEIRA DE DIST	SPN ADR PFD CL A	20440T201	15,602	812,613	SH		DFND		812,613	0	0
ALLERGAN PLC	SHS	G0177J108	16,520	69,145	SH		DFND		69,145	0	0
CELGENE CORP	COM	151020104	16,543	132,949	SH		DFND		132,949	0	0
YUM CHINA HLDGS INC	COM	98850P109	16,561	608,848	SH		DFND		608,848	0	0
AMBEV SA	SPONSORED ADR	02319V103	16,582	2,878,900	SH		DFND		2,878,900	0	0
SERVICE CORP INTL	COM	817565104	16,984	550,000	SH		DFND		550,000	0	0
PRICESMART INC	COM	741511109	17,426	189,000	SH		DFND		189,000	0	0
FOMENTO ECONOMICO MEXICANO S	SPON ADR UNITS	344419106	17,704	200,000	SH		DFND		200,000	0	0
DANAHER CORP DEL	COM	235851102	18,214	212,957	SH		DFND		212,957	0	0
ZOETIS INC	CL A	98978V103	18,347	343,776	SH		DFND		343,776	0	0
AGILENT TECHNOLOGIES INC	COM	00846U101	18,599	351,779	SH		DFND		351,779	0	0
ALIBABA GROUP HLDG LTD	SPONSORED ADS	01609W102	31,055	288,000	SH		DFND		288,000	0	0