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
PROSPECT CAPITAL CORPORATION	NOTE 5.875% 1/1	74348TAM4	105	100,000	PRN		DFND		100,000	0	0
MOBILE TELESYSTEMS PJSC	SPONSORED ADR	607409109	167	16,437	SH		DFND		16,437	0	0
ON SEMICONDUCTOR CORP	NOTE 1.000%12/0	682189AK1	179	140,000	PRN		DFND		140,000	0	0
TARGET CORP	COM	87612E106	201	3,085	SH		DFND		3,085	0	0
HP INC	COM	40434L105	202	9,598	SH		DFND		9,598	0	0
INTL PAPER CO	COM	460146103	204	3,515	SH		DFND		3,515	0	0
DELTA AIR LINES INC DEL	COM NEW	247361702	204	3,640	SH		DFND		3,640	0	0
CME GROUP INC	COM CL A	12572Q105	204	1,400	SH		DFND		1,400	0	0
AIR PRODS & CHEMS INC	COM	009158106	205	1,250	SH		DFND		1,250	0	0
CEMEX SAB DE CV	NOTE 3.750% 3/1	151290BC6	205	200,000	PRN		DFND		200,000	0	0
ARES CAP CORP	NOTE 4.375% 1/1	04010LAM5	209	200,000	PRN		DFND		200,000	0	0
SEMPRA ENERGY	COM	816851109	209	1,953	SH		DFND		1,953	0	0
SUN LIFE FINL INC	COM	866796105	209	4,037	SH		DFND		4,037	0	0
LOWES COS INC	COM	548661107	218	2,341	SH		DFND		2,341	0	0
EXPRESS SCRIPTS HLDG CO	COM	30219G108	218	2,926	SH		DFND		2,926	0	0
O REILLY AUTOMOTIVE INC NEW	COM	67103H107	220	916	SH		DFND		916	0	0
EOG RES INC	COM	26875P101	224	2,079	SH		DFND		2,079	0	0
KIMBERLY CLARK CORP	COM	494368103	227	1,880	SH		DFND		1,880	0	0
ECOLAB INC	COM	278865100	228	1,701	SH		DFND		1,701	0	0
PPG INDS INC	COM	693506107	237	2,026	SH		DFND		2,026	0	0
BLACKHAWK NETWORK HLDGS INC	NOTE 1.500% 1/1	09238EAB0	239	230,000	PRN		DFND		230,000	0	0
MARRIOTT INTL INC NEW	CL A	571903202	241	1,774	SH		DFND		1,774	0	0
EURONET WORLDWIDE INC	NOTE 1.500%10/0	298736AH2	241	195,000	PRN		DFND		195,000	0	0
CORNING INC	COM	219350105	242	7,564	SH		DFND		7,564	0	0
METLIFE INC	COM	59156R108	244	4,818	SH		DFND		4,818	0	0
NUANCE COMMUNICATIONS INC	DBCV 1.000%12/1	67020YAK6	245	255,000	PRN		DFND		255,000	0	0
MONSTER BEVERAGE CORP NEW	COM	61174X109	245	3,867	SH		DFND		3,867	0	0
DOLLAR GEN CORP NEW	COM	256677105	245	2,636	SH		DFND		2,636	0	0
CONSTELLATION BRANDS INC	CL A	21036P108	251	1,100	SH		DFND		1,100	0	0
CROWN CASTLE INTL CORP NEW	COM	22822V101	251	2,265	SH		DFND		2,265	0	0
SPIRIT RLTY CAP INC NEW	NOTE 2.875% 5/1	84860WAA0	252	250,000	PRN		DFND		250,000	0	0
SCHLUMBERGER LTD	COM	806857108	253	3,747	SH		DFND		3,747	0	0
ANALOG DEVICES INC	COM	032654105	254	2,855	SH		DFND		2,855	0	0
INTUITIVE SURGICAL INC	COM NEW	46120E602	256	702	SH		DFND		702	0	0
MCKESSON CORP	COM	58155Q103	259	1,662	SH		DFND		1,662	0	0
COGNIZANT TECHNOLOGY SOLUTIO	CL A	192446102	259	3,650	SH		DFND		3,650	0	0
DOMINION ENERGY INC	COM	25746U109	260	3,203	SH		DFND		3,203	0	0
AUTOMATIC DATA PROCESSING IN	COM	053015103	260	2,222	SH		DFND		2,222	0	0
GENERAL MLS INC	COM	370334104	262	4,414	SH		DFND		4,414	0	0
TD AMERITRADE HLDG CORP	COM	87236Y108	262	5,126	SH		DFND		5,126	0	0
CITIZENS FINL GROUP INC	COM	174610105	264	6,289	SH		DFND		6,289	0	0
MANULIFE FINL CORP	COM	56501R106	265	10,095	SH		DFND		10,095	0	0
NETFLIX INC	COM	64110L106	265	1,381	SH		DFND		1,381	0	0
CAPITAL ONE FINL CORP	COM	14040H105	267	2,678	SH		DFND		2,678	0	0
NEXTERA ENERGY INC	COM	65339F101	270	1,727	SH		DFND		1,727	0	0
BB&T CORP	COM	054937107	271	5,453	SH		DFND		5,453	0	0
SUNTRUST BKS INC	COM	867914103	274	4,241	SH		DFND		4,241	0	0
TERADYNE INC	NOTE 1.250%12/1	880770AG7	274	190,000	PRN		DFND		190,000	0	0
BANK NEW YORK MELLON CORP	COM	064058100	276	5,119	SH		DFND		5,119	0	0
BROADCOM LTD	SHS	Y09827109	276	1,076	SH		DFND		1,076	0	0
AMERICAN ELEC PWR INC	COM	025537101	276	3,758	SH		DFND		3,758	0	0
AMERICAN INTL GROUP INC	COM NEW	026874784	277	4,646	SH		DFND		4,646	0	0
CANADIAN NATL RY CO	COM	136375102	277	2,676	SH		DFND		2,676	0	0
GOLDMAN SACHS GROUP INC	COM	38141G104	278	1,091	SH		DFND		1,091	0	0
BANK N S HALIFAX	COM	064149107	278	3,433	SH		DFND		3,433	0	0
RED HAT INC	COM	756577102	280	2,330	SH		DFND		2,330	0	0
AMERICAN TOWER CORP NEW	COM	03027X100	280	1,962	SH		DFND		1,962	0	0
CANADIAN NAT RES LTD	COM	136385101	280	6,234	SH		DFND		6,234	0	0
LYONDELLBASELL INDUSTRIES N	SHS - A -	N53745100	287	2,600	SH		DFND		2,600	0	0
SYSCO CORP	COM	871829107	287	4,728	SH		DFND		4,728	0	0
DYCOM INDS INC	NOTE 0.750% 9/1	267475AB7	289	220,000	PRN		DFND		220,000	0	0
AKAMAI TECHNOLOGIES INC	DBCV 2/1	00971TAG6	298	295,000	PRN		DFND		295,000	0	0
OCCIDENTAL PETE CORP DEL	COM	674599105	299	4,053	SH		DFND		4,053	0	0
NORFOLK SOUTHERN CORP	COM	655844108	307	2,118	SH		DFND		2,118	0	0
EBAY INC	COM	278642103	307	8,132	SH		DFND		8,132	0	0
DISCOVER FINL SVCS	COM	254709108	313	4,073	SH		DFND		4,073	0	0
TIME WARNER INC	COM NEW	887317303	314	3,434	SH		DFND		3,434	0	0
AMERICAN EXPRESS CO	COM	025816109	314	3,165	SH		DFND		3,165	0	0
ILLUMINA INC	NOTE 6/1	452327AF6	316	290,000	PRN		DFND		290,000	0	0
GILDAN ACTIVEWEAR INC	COM	375916103	321	7,897	SH		DFND		7,897	0	0
STARWOOD PPTY TR INC	NOTE 4.000% 1/1	85571BAB1	325	290,000	PRN		DFND		290,000	0	0
MONSANTO CO NEW	COM	61166W101	325	2,787	SH		DFND		2,787	0	0
MEDTRONIC PLC	SHS	G5960L103	335	4,146	SH		DFND		4,146	0	0
PROSPECT CAPITAL CORPORATION	NOTE 4.750% 4/1	74348TAQ5	335	330,000	PRN		DFND		330,000	0	0
WASTE MGMT INC DEL	COM	94106L109	336	3,892	SH		DFND		3,892	0	0
SALESFORCE COM INC	COM	79466L302	338	3,311	SH		DFND		3,311	0	0
TECK RESOURCES LTD	CL B	878742204	340	10,349	SH		DFND		10,349	0	0
AON PLC	SHS CL A	G0408V102	341	2,545	SH		DFND		2,545	0	0
TRANSCANADA CORP	COM	89353D107	342	5,585	SH		DFND		5,585	0	0
NUVASIVE INC	NOTE 2.250% 3/1	670704AG0	343	290,000	PRN		DFND		290,000	0	0
BIOGEN INC	COM	09062X103	351	1,102	SH		DFND		1,102	0	0
ROSS STORES INC	COM	778296103	353	4,402	SH		DFND		4,402	0	0
CHUBB LIMITED	COM	H1467J104	357	2,443	SH		DFND		2,443	0	0
KANSAS CITY SOUTHERN	COM NEW	485170302	365	3,471	SH		DFND		3,471	0	0
INTUIT	COM	461202103	369	2,339	SH		DFND		2,339	0	0
EMERSON ELEC CO	COM	291011104	373	5,355	SH		DFND		5,355	0	0
PNC FINL SVCS GROUP INC	COM	693475105	384	2,658	SH		DFND		2,658	0	0
BRISTOL MYERS SQUIBB CO	COM	110122108	399	6,503	SH		DFND		6,503	0	0
FEDEX CORP	COM	31428X106	400	1,603	SH		DFND		1,603	0	0
VALERO ENERGY CORP NEW	COM	91913Y100	406	4,416	SH		DFND		4,416	0	0
PROSPECT CAPITAL CORPORATION	NOTE 5.750% 3/1	74348TAL6	410	400,000	PRN		DFND		400,000	0	0
RPM INTL INC	NOTE 2.250%12/1	749685AT0	420	360,000	PRN		DFND		360,000	0	0
UNITED TECHNOLOGIES CORP	COM	913017109	421	3,298	SH		DFND		3,298	0	0
CTRIP COM INTL LTD	NOTE 1.250% 9/1	22943FAM2	421	410,000	PRN		DFND		410,000	0	0
VISTRA ENERGY CORP	COM	92840M102	424	23,123	SH		DFND		23,123	0	0
ENBRIDGE INC	COM	29250N105	431	8,761	SH		DFND		8,761	0	0
QUALCOMM INC	COM	747525103	433	6,760	SH		DFND		6,760	0	0
NVIDIA CORP	COM	67066G104	435	2,246	SH		DFND		2,246	0	0
UNION PAC CORP	COM	907818108	439	3,270	SH		DFND		3,270	0	0
GILEAD SCIENCES INC	COM	375558103	439	6,129	SH		DFND		6,129	0	0
US BANCORP DEL	COM NEW	902973304	439	8,196	SH		DFND		8,196	0	0
LILLY ELI & CO	COM	532457108	441	5,226	SH		DFND		5,226	0	0
MCDONALDS CORP	COM	580135101	444	2,579	SH		DFND		2,579	0	0
NIKE INC	CL B	654106103	447	7,139	SH		DFND		7,139	0	0
PRICELINE GRP INC	COM NEW	741503403	450	259	SH		DFND		259	0	0
CATERPILLAR INC DEL	COM	149123101	456	2,894	SH		DFND		2,894	0	0
YY INC	ADS REPCOM CLA	98426T106	467	4,127	SH		DFND		4,127	0	0
ALTRIA GROUP INC	COM	02209S103	473	6,619	SH		DFND		6,619	0	0
ABBOTT LABS	COM	002824100	480	8,409	SH		DFND		8,409	0	0
SHERWIN WILLIAMS CO	COM	824348106	481	1,173	SH		DFND		1,173	0	0
SUNCOR ENERGY INC NEW	COM	867224107	489	10,593	SH		DFND		10,593	0	0
RIO TINTO PLC	SPONSORED ADR	767204100	492	9,286	SH		DFND		9,286	0	0
ACCENTURE PLC IRELAND	SHS CLASS A	G1151C101	532	3,474	SH		DFND		3,474	0	0
JONES LANG LASALLE INC	COM	48020Q107	541	3,635	SH		DFND		3,635	0	0
MERCK & CO INC	COM	58933Y105	542	9,625	SH		DFND		9,625	0	0
ARES CAP CORP	NOTE 4.750% 1/1	04010LAJ2	542	530,000	PRN		DFND		530,000	0	0
MAGNA INTL INC	COM	559222401	551	7,729	SH		DFND		7,729	0	0
AMGEN INC	COM	031162100	566	3,253	SH		DFND		3,253	0	0
ROYAL BK CDA MONTREAL QUE	COM	780087102	586	5,705	SH		DFND		5,705	0	0
DISH NETWORK CORP	NOTE 3.375% 8/1	25470MAB5	590	535,000	PRN		DFND		535,000	0	0
ORACLE CORP	COM	68389X105	609	12,891	SH		DFND		12,891	0	0
INTERNATIONAL BUSINESS MACHS	COM	459200101	618	4,031	SH		DFND		4,031	0	0
UNILEVER PLC	SPON ADR NEW	904767704	625	11,297	SH		DFND		11,297	0	0
YAHOO INC	NOTE 12/0	984332AF3	646	480,000	PRN		DFND		480,000	0	0
CISCO SYS INC	COM	17275R102	659	17,206	SH		DFND		17,206	0	0
3M CO	COM	88579Y101	685	2,911	SH		DFND		2,911	0	0
MASTERCARD INCORPORATED	CL A	57636Q104	686	4,530	SH		DFND		4,530	0	0
GENERAL ELECTRIC CO	COM	369604103	694	39,775	SH		DFND		39,775	0	0
TRANSUNION	COM	89400J107	718	13,066	SH		DFND		13,066	0	0
DOWDUPONT INC	COM	26078J100	732	10,277	SH		DFND		10,277	0	0
TEXAS INSTRS INC	COM	882508104	752	7,205	SH		DFND		7,205	0	0
CAE INC	COM	124765108	774	33,138	SH		DFND		33,138	0	0
CDN IMPERIAL BK COMM TORONTO	COM	136069101	793	6,468	SH		DFND		6,468	0	0
EAST WEST BANCORP INC	COM	27579R104	806	13,245	SH		DFND		13,245	0	0
CHEVRON CORP NEW	COM	166764100	809	6,462	SH		DFND		6,462	0	0
PEPSICO INC	COM	713448108	811	6,760	SH		DFND		6,760	0	0
ISHARES INC	MSCI TURKEY ETF	464286715	813	18,700	SH		DFND		18,700	0	0
AMERICAN RLTY CAP PPTYS INC	NOTE 3.000% 8/0	02917TAA2	826	815,000	PRN		DFND		815,000	0	0
LLOYDS BANKING GROUP PLC	SPONSORED ADR	539439109	834	222,371	SH		DFND		222,371	0	0
PROCTER AND GAMBLE CO	COM	742718109	839	9,128	SH		DFND		9,128	0	0
INTEL CORP	COM	458140100	847	18,339	SH		DFND		18,339	0	0
RANGE RES CORP	COM	75281A109	854	50,064	SH		DFND		50,064	0	0
VOYA FINL INC	COM	929089100	870	17,580	SH		DFND		17,580	0	0
TORONTO DOMINION BK ONT	COM NEW	891160509	872	11,837	SH		DFND		11,837	0	0
MANPOWERGROUP INC	COM	56418H100	875	6,937	SH		DFND		6,937	0	0
KINROSS GOLD CORP	COM NO PAR	496902404	880	162,438	SH		DFND		162,438	0	0
SPROUTS FMRS MKT INC	COM	85208M102	886	36,400	SH		DFND		36,400	0	0
EXELON CORP	COM	30161N101	887	22,506	SH		DFND		22,506	0	0
ILLUMINA INC	NOTE 0.500% 6/1	452327AH2	890	750,000	PRN		DFND		750,000	0	0
BRIGHTHOUSE FINL INC	COM	10922N103	897	15,303	SH		DFND		15,303	0	0
SPIRIT AEROSYSTEMS HLDGS INC	COM CL A	848574109	901	10,331	SH		DFND		10,331	0	0
CONSOLIDATED EDISON INC	COM	209115104	902	10,616	SH		DFND		10,616	0	0
AGCO CORP	COM	001084102	903	12,637	SH		DFND		12,637	0	0
SELECT SECTOR SPDR TR	SBI INT-FINL	81369Y605	921	33,000	SH	Call	DFND		33,000	0	0
BERKSHIRE HATHAWAY INC DEL	CL B NEW	084670702	924	4,662	SH		DFND		4,662	0	0
AUTOLIV INC	COM	052800109	925	7,277	SH		DFND		7,277	0	0
CITIGROUP INC	COM NEW	172967424	946	12,711	SH		DFND		12,711	0	0
OWENS CORNING NEW	COM	690742101	958	10,416	SH		DFND		10,416	0	0
EDISON INTL	COM	281020107	969	15,329	SH		DFND		15,329	0	0
QORVO INC	COM	74736K101	972	14,596	SH		DFND		14,596	0	0
LEAR CORP	COM NEW	521865204	1,027	5,812	SH		DFND		5,812	0	0
NORDSTROM INC	COM	655664100	1,043	22,006	SH		DFND		22,006	0	0
XCEL ENERGY INC	COM	98389B100	1,049	21,808	SH		DFND		21,808	0	0
UNITED RENTALS INC	COM	911363109	1,095	6,371	SH		DFND		6,371	0	0
HARLEY DAVIDSON INC	COM	412822108	1,106	21,731	SH		DFND		21,731	0	0
VANGUARD INTL EQUITY INDEX F	TT WRLD ST ETF	922042742	1,121	15,092	SH		DFND		15,092	0	0
HASBRO INC	COM	418056107	1,154	12,694	SH		DFND		12,694	0	0
STATE STR CORP	COM	857477103	1,172	12,004	SH		DFND		12,004	0	0
BANK AMER CORP	COM	060505104	1,204	40,777	SH		DFND		40,777	0	0
FIFTH THIRD BANCORP	COM	316773100	1,207	39,783	SH		DFND		39,783	0	0
WHEATON PRECIOUS METALS CORP	COM	962879102	1,252	45,044	SH		DFND		45,044	0	0
WELLS FARGO CO NEW	COM	949746101	1,260	20,764	SH		DFND		20,764	0	0
REINSURANCE GROUP AMER INC	COM NEW	759351604	1,285	8,241	SH		DFND		8,241	0	0
AMAZON COM INC	COM	023135106	1,286	1,100	SH	Call	DFND		1,100	0	0
COTY INC	COM CL A	222070203	1,293	65,000	SH		DFND		65,000	0	0
WESTROCK CO	COM	96145D105	1,316	20,819	SH		DFND		20,819	0	0
EXXON MOBIL CORP	COM	30231G102	1,319	15,764	SH		DFND		15,764	0	0
AGNICO EAGLE MINES LTD	COM	008474108	1,332	22,957	SH		DFND		22,957	0	0
MARATHON PETE CORP	COM	56585A102	1,338	20,285	SH		DFND		20,285	0	0
ALPHABET INC	CAP STK CL A	02079K305	1,345	1,277	SH		DFND		1,277	0	0
TELUS CORP	COM	87971M103	1,346	28,266	SH		DFND		28,266	0	0
PRINCIPAL FINL GROUP INC	COM	74251V102	1,350	19,132	SH		DFND		19,132	0	0
PRUDENTIAL FINL INC	COM	744320102	1,369	11,905	SH		DFND		11,905	0	0
YUM BRANDS INC	COM	988498101	1,370	16,790	SH		DFND		16,790	0	0
NXP SEMICONDUCTORS N V	DBCV 1.000%12/0	62952QAB6	1,375	1,107,000	PRN		DFND		1,107,000	0	0
F M C CORP	COM NEW	302491303	1,391	14,695	SH		DFND		14,695	0	0
EQT CORP	COM	26884L109	1,411	24,792	SH		DFND		24,792	0	0
MONDELEZ INTL INC	CL A	609207105	1,415	33,058	SH		DFND		33,058	0	0
DBX ETF TR	XTRACK HRVST CSI	233051879	1,427	46,000	SH		DFND		46,000	0	0
COLGATE PALMOLIVE CO	COM	194162103	1,433	18,999	SH		DFND		18,999	0	0
BEST BUY INC	COM	086516101	1,443	21,081	SH		DFND		21,081	0	0
WYNDHAM WORLDWIDE CORP	COM	98310W108	1,467	12,663	SH		DFND		12,663	0	0
BCE INC	COM NEW	05534B760	1,483	24,566	SH		DFND		24,566	0	0
UNITED PARCEL SERVICE INC	CL B	911312106	1,534	12,877	SH		DFND		12,877	0	0
PACKAGING CORP AMER	COM	695156109	1,550	12,859	SH		DFND		12,859	0	0
GAP INC DEL	COM	364760108	1,558	45,754	SH		DFND		45,754	0	0
JPMORGAN CHASE & CO	COM	46625H100	1,563	14,618	SH		DFND		14,618	0	0
TELEFLEX INC	COM	879369106	1,578	6,343	SH		DFND		6,343	0	0
COSTCO WHSL CORP NEW	COM	22160K105	1,598	8,584	SH		DFND		8,584	0	0
JUNIPER NETWORKS INC	COM	48203R104	1,600	56,131	SH		DFND		56,131	0	0
AMERISOURCEBERGEN CORP	COM	03073E105	1,604	17,471	SH		DFND		17,471	0	0
STARBUCKS CORP	COM	855244109	1,606	27,966	SH		DFND		27,966	0	0
ENTERGY CORP NEW	COM	29364G103	1,698	20,863	SH		DFND		20,863	0	0
CENOVUS ENERGY INC	COM	15135U109	1,718	149,660	SH		DFND		149,660	0	0
FACEBOOK INC	CL A	30303M102	1,730	9,802	SH		DFND		9,802	0	0
HANESBRANDS INC	COM	410345102	1,745	83,449	SH		DFND		83,449	0	0
OMNICOM GROUP INC	COM	681919106	1,755	24,098	SH		DFND		24,098	0	0
LEIDOS HLDGS INC	COM	525327102	1,787	27,681	SH		DFND		27,681	0	0
IPG PHOTONICS CORP	COM	44980X109	1,793	8,372	SH		DFND		8,372	0	0
PHILLIPS 66	COM	718546104	1,811	17,901	SH		DFND		17,901	0	0
DEERE & CO	COM	244199105	1,818	11,616	SH		DFND		11,616	0	0
TJX COS INC NEW	COM	872540109	1,825	23,867	SH		DFND		23,867	0	0
SCRIPPS NETWORKS INTERACT IN	CL A COM	811065101	1,840	21,548	SH		DFND		21,548	0	0
CITRIX SYS INC	NOTE 0.500% 4/1	177376AD2	1,846	1,420,000	PRN		DFND		1,420,000	0	0
PHILIP MORRIS INTL INC	COM	718172109	1,855	17,556	SH		DFND		17,556	0	0
LINCOLN NATL CORP IND	COM	534187109	1,862	24,219	SH		DFND		24,219	0	0
PUBLIC SVC ENTERPRISE GROUP	COM	744573106	1,862	36,156	SH		DFND		36,156	0	0
PVH CORP	COM	693656100	1,896	13,820	SH		DFND		13,820	0	0
TYSON FOODS INC	CL A	902494103	1,905	23,496	SH		DFND		23,496	0	0
ALLERGAN PLC	SHS	G0177J108	1,905	11,645	SH		DFND		11,645	0	0
DISNEY WALT CO	COM DISNEY	254687106	1,906	17,724	SH		DFND		17,724	0	0
DXC TECHNOLOGY CO	COM	23355L106	1,910	20,128	SH		DFND		20,128	0	0
BORGWARNER INC	COM	099724106	1,913	37,451	SH		DFND		37,451	0	0
COCA COLA CO	COM	191216100	1,939	42,256	SH		DFND		42,256	0	0
EVERSOURCE ENERGY	COM	30040W108	1,942	30,738	SH		DFND		30,738	0	0
VMWARE INC	CL A COM	928563402	1,983	15,824	SH		DFND		15,824	0	0
PROGRESSIVE CORP OHIO	COM	743315103	1,989	35,308	SH		DFND		35,308	0	0
TAPESTRY INC	COM	876030107	2,021	45,703	SH		DFND		45,703	0	0
XYLEM INC	COM	98419M100	2,094	30,708	SH		DFND		30,708	0	0
KIMCO RLTY CORP	COM	49446R109	2,155	118,759	SH		DFND		118,759	0	0
NEWMONT MINING CORP	COM	651639106	2,172	57,877	SH		DFND		57,877	0	0
LABORATORY CORP AMER HLDGS	COM NEW	50540R409	2,208	13,842	SH		DFND		13,842	0	0
VISA INC	COM CL A	92826C839	2,228	19,540	SH		DFND		19,540	0	0
VENTAS INC	COM	92276F100	2,231	37,180	SH		DFND		37,180	0	0
EXPEDITORS INTL WASH INC	COM	302130109	2,243	34,679	SH		DFND		34,679	0	0
MAXIM INTEGRATED PRODS INC	COM	57772K101	2,263	43,281	SH		DFND		43,281	0	0
ALBEMARLE CORP	COM	012653101	2,273	17,774	SH		DFND		17,774	0	0
WELLTOWER INC	COM	95040Q104	2,292	35,941	SH		DFND		35,941	0	0
WATERS CORP	COM	941848103	2,295	11,877	SH		DFND		11,877	0	0
QUEST DIAGNOSTICS INC	COM	74834L100	2,297	23,324	SH		DFND		23,324	0	0
PRICELINE GRP INC	NOTE 0.900% 9/1	741503AX4	2,298	1,950,000	PRN		DFND		1,950,000	0	0
APTIV PLC	SHS	G6095L109	2,320	27,354	SH		DFND		27,354	0	0
UNUM GROUP	COM	91529Y106	2,369	43,154	SH		DFND		43,154	0	0
MICRON TECHNOLOGY INC	COM	595112103	2,369	57,619	SH		DFND		57,619	0	0
CA INC	COM	12673P105	2,398	72,059	SH		DFND		72,059	0	0
AVERY DENNISON CORP	COM	053611109	2,436	21,207	SH		DFND		21,207	0	0
INTERPUBLIC GROUP COS INC	COM	460690100	2,493	123,662	SH		DFND		123,662	0	0
FORD MTR CO DEL	COM PAR $0.01	345370860	2,502	200,312	SH		DFND		200,312	0	0
MICROSOFT CORP	COM	594918104	2,532	29,600	SH		DFND		29,600	0	0
STANLEY BLACK & DECKER INC	COM	854502101	2,599	15,317	SH		DFND		15,317	0	0
FORTIVE CORP	COM	34959J108	2,658	36,741	SH		DFND		36,741	0	0
BAXTER INTL INC	COM	071813109	2,668	41,281	SH		DFND		41,281	0	0
CBRE GROUP INC	CL A	12504L109	2,669	61,621	SH		DFND		61,621	0	0
CONAGRA BRANDS INC	COM	205887102	2,737	72,661	SH		DFND		72,661	0	0
NXP SEMICONDUCTORS N V	COM	N6596X109	2,744	23,433	SH		DFND		23,433	0	0
HARTFORD FINL SVCS GROUP INC	COM	416515104	2,766	49,142	SH		DFND		49,142	0	0
PRICE T ROWE GROUP INC	COM	74144T108	2,770	26,403	SH		DFND		26,403	0	0
HERSHEY CO	COM	427866108	2,786	24,548	SH		DFND		24,548	0	0
AVALONBAY CMNTYS INC	COM	053484101	2,816	15,785	SH		DFND		15,785	0	0
CBOE GLOBAL MARKETS INC	COM	12503M108	2,835	22,752	SH		DFND		22,752	0	0
ALLEGION PUB LTD CO	ORD SHS	G0176J109	2,941	37,162	SH		DFND		37,162	0	0
CUMMINS INC	COM	231021106	3,001	16,988	SH		DFND		16,988	0	0
MCCORMICK & CO INC	COM NON VTG	579780206	3,008	29,517	SH		DFND		29,517	0	0
AT&T INC	COM	00206R102	3,067	78,888	SH		DFND		78,888	0	0
FIRST REP BK SAN FRANCISCO C	COM	33616C100	3,119	36,000	SH		DFND		36,000	0	0
RESMED INC	COM	761152107	3,209	37,896	SH		DFND		37,896	0	0
NETAPP INC	COM	64110D104	3,244	58,633	SH		DFND		58,633	0	0
PAYPAL HLDGS INC	COM	70450Y103	3,272	44,441	SH		DFND		44,441	0	0
ROCKWELL AUTOMATION INC	COM	773903109	3,282	16,717	SH		DFND		16,717	0	0
IHS MARKIT LTD	SHS	G47567105	3,349	74,182	SH		DFND		74,182	0	0
DUKE REALTY CORP	COM NEW	264411505	3,434	126,198	SH		DFND		126,198	0	0
CAMPBELL SOUP CO	COM	134429109	3,520	73,171	SH		DFND		73,171	0	0
LAM RESEARCH CORP	COM	512807108	3,532	19,190	SH		DFND		19,190	0	0
LHC GROUP INC	COM	50187A107	3,553	58,000	SH		DFND		58,000	0	0
PROLOGIS INC	COM	74340W103	3,558	55,150	SH		DFND		55,150	0	0
AETNA INC NEW	COM	00817Y108	3,597	19,940	SH		DFND		19,940	0	0
XEROX CORP	COM NEW	984121608	3,617	124,093	SH		DFND		124,093	0	0
AFLAC INC	COM	001055102	3,632	41,380	SH		DFND		41,380	0	0
ALLSTATE CORP	COM	020002101	3,661	34,965	SH		DFND		34,965	0	0
KLA-TENCOR CORP	COM	482480100	3,713	35,340	SH		DFND		35,340	0	0
APPLE INC	COM	037833100	3,811	22,518	SH		DFND		22,518	0	0
VARIAN MED SYS INC	COM	92220P105	3,816	34,330	SH		DFND		34,330	0	0
APPLIED MATLS INC	COM	038222105	3,820	74,723	SH		DFND		74,723	0	0
BRUNSWICK CORP	COM	117043109	3,865	70,000	SH		DFND		70,000	0	0
HORMEL FOODS CORP	COM	440452100	3,900	107,159	SH		DFND		107,159	0	0
INTERNATIONAL FLAVORS&FRAGRA	COM	459506101	3,900	25,554	SH		DFND		25,554	0	0
SMUCKER J M CO	COM NEW	832696405	3,943	31,736	SH		DFND		31,736	0	0
ISHARES TR	JPMORGAN USD EMG	464288281	4,015	34,585	SH		DFND		34,585	0	0
CVS HEALTH CORP	COM	126650100	4,197	57,887	SH		DFND		57,887	0	0
VANGUARD INTL EQUITY INDEX F	FTSE EMR MKT ETF	922042858	4,381	95,423	SH		DFND		95,423	0	0
CHURCH & DWIGHT INC	COM	171340102	4,526	90,207	SH		DFND		90,207	0	0
WEST PHARMACEUTICAL SVSC INC	COM	955306105	4,934	50,000	SH		DFND		50,000	0	0
EDWARDS LIFESCIENCES CORP	COM	28176E108	5,215	46,273	SH		DFND		46,273	0	0
BECTON DICKINSON & CO	COM	075887109	5,410	25,273	SH		DFND		25,273	0	0
CARLYLE GROUP L P	COM UTS LTD PTN	14309L102	5,496	240,000	SH		DFND		240,000	0	0
CLOROX CO DEL	COM	189054109	5,498	36,966	SH		DFND		36,966	0	0
CELGENE CORP	COM	151020104	5,526	52,949	SH		DFND		52,949	0	0
ISHARES TR	NASDAQ BIOTECH	464287556	5,605	52,500	SH		DFND		52,500	0	0
ISHARES TR	3 7 YR TREAS BD	464288661	6,446	52,765	SH		DFND		52,765	0	0
HALOZYME THERAPEUTICS INC	COM	40637H109	6,574	324,500	SH		DFND		324,500	0	0
TECHNIPFMC PLC	COM	G87110105	6,922	221,085	SH		DFND		221,085	0	0
NUVASIVE INC	COM	670704105	7,019	120,000	SH		DFND		120,000	0	0
IDEXX LABS INC	COM	45168D104	7,037	45,000	SH		DFND		45,000	0	0
METTLER TOLEDO INTERNATIONAL	COM	592688105	7,124	11,500	SH		DFND		11,500	0	0
DANAHER CORP DEL	COM	235851102	7,236	77,957	SH		DFND		77,957	0	0
APOLLO GLOBAL MGMT LLC	CL A SHS	037612306	7,363	220,000	SH		DFND		220,000	0	0
BLUE BUFFALO PET PRODS INC	COM	09531U102	7,378	225,000	SH		DFND		225,000	0	0
SOTHEBYS	COM	835898107	7,740	150,000	SH		DFND		150,000	0	0
HUMANA INC	COM	444859102	7,838	31,594	SH		DFND		31,594	0	0
BLACKSTONE GROUP L P	COM UNIT LTD	09253U108	8,485	265,000	SH		DFND		265,000	0	0
FCB FINL HLDGS INC	CL A	30255G103	8,636	170,000	SH		DFND		170,000	0	0
ISHARES TR	MSCI INDIA ETF	46429B598	8,888	246,400	SH		DFND		246,400	0	0
TIFFANY & CO NEW	COM	886547108	9,329	89,741	SH		DFND		89,741	0	0
CARNIVAL CORP	UNIT 99/99/9999	143658300	9,484	142,900	SH		DFND		142,900	0	0
TORO CO	COM	891092108	9,785	150,000	SH		DFND		150,000	0	0
POOL CORPORATION	COM	73278L105	9,853	76,000	SH		DFND		76,000	0	0
MYLAN N V	SHS EURO	N59465109	9,943	235,000	SH		DFND		235,000	0	0
THERMO FISHER SCIENTIFIC INC	COM	883556102	9,960	52,452	SH		DFND		52,452	0	0
ABBVIE INC	COM	00287Y109	10,305	106,560	SH		DFND		106,560	0	0
AGILENT TECHNOLOGIES INC	COM	00846U101	10,505	156,856	SH		DFND		156,856	0	0
LAUDER ESTEE COS INC	CL A	518439104	11,861	93,217	SH		DFND		93,217	0	0
DESPEGAR COM CORP	ORD SHS	G27358103	12,729	463,200	SH		DFND		463,200	0	0
PFIZER INC	COM	717081103	13,537	373,756	SH		DFND		373,756	0	0
VANGUARD INTL EQUITY INDEX F	FTSE PACIFIC ETF	922042866	14,222	195,086	SH		DFND		195,086	0	0
HOME DEPOT INC	COM	437076102	14,560	76,824	SH		DFND		76,824	0	0
ALPHABET INC	CAP STK CL C	02079K107	15,185	14,512	SH		DFND		14,512	0	0
SCHWAB CHARLES CORP NEW	COM	808513105	15,624	304,146	SH		DFND		304,146	0	0
AMAZON COM INC	COM	023135106	16,002	13,683	SH		DFND		13,683	0	0
STRYKER CORP	COM	863667101	18,912	122,138	SH		DFND		122,138	0	0
ZOETIS INC	CL A	98978V103	20,148	279,676	SH		DFND		279,676	0	0
SERVICE CORP INTL	COM	817565104	20,526	550,000	SH		DFND		550,000	0	0
JOHNSON & JOHNSON	COM	478160104	21,104	151,045	SH		DFND		151,045	0	0
MORGAN STANLEY	COM NEW	617446448	21,323	406,391	SH		DFND		406,391	0	0
ANTHEM INC	COM	036752103	21,362	94,936	SH		DFND		94,936	0	0
CIGNA CORPORATION	COM	125509109	21,773	107,211	SH		DFND		107,211	0	0
UNITEDHEALTH GROUP INC	COM	91324P102	21,810	98,929	SH		DFND		98,929	0	0
YUM CHINA HLDGS INC	COM	98850P109	21,951	548,500	SH		DFND		548,500	0	0
AMERIPRISE FINL INC	COM	03076C106	22,630	133,532	SH		DFND		133,532	0	0
PRICESMART INC	COM	741511109	23,953	278,200	SH		DFND		278,200	0	0
AMBEV SA	SPONSORED ADR	02319V103	27,198	4,210,200	SH		DFND		4,210,200	0	0
BAIDU INC	SPON ADR REP A	056752108	27,426	117,100	SH		DFND		117,100	0	0
ALIBABA GROUP HLDG LTD	SPONSORED ADS	01609W102	37,469	217,300	SH		DFND		217,300	0	0