Oxbow Advisors 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
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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
3M CO	COM	88579Y101	2,433	15,768	SH		SOLE		0	0	15,768
ABBOTT LABS	COM	002824100	343	6,988	SH		SOLE		0	0	6,988
ABBVIE INC	COM	00287y109	484	7,197	SH		SOLE		0	0	7,197
ABERDEEN ASIA PACIFIC INCOM	COM	003009107	30,722	6,193,903	SH		SOLE		0	0	6,193,903
ADVENT CLAYMORE CV SECS & IN	COM	00764c109	6,432	394,384	SH		SOLE		0	0	394,384
AGNICO EAGLE MINES LTD	COM	008474108	1,427	50,315	SH		SOLE		0	0	50,315
ALLERGAN PLC	SHS	g0177j108	3,472	11,442	SH		SOLE		0	0	11,442
ALLIANCEBERNSTEIN INCOME FUN	COM	01881e101	14,596	1,961,825	SH		SOLE		0	0	1,961,825
ALLIANZGI CONV & INCOME FD	COM	018828103	3,384	416,703	SH		SOLE		0	0	416,703
ALLY FINL INC	COM	02005N100	4,016	178,970	SH		SOLE		4,865	0	174,105
ALPINE TOTAL DYNAMIC DIVID F	COM SH BEN INT N	021060207	392	45,165	SH		SOLE		0	0	45,165
ALTRIA GROUP INC	COM	02209S103	280	5,734	SH		SOLE		0	0	5,734
AMC NETWORKS INC	CL A	00164V103	4,575	55,910	SH		SOLE		1,810	0	54,100
AMERICAN EXPRESS CO	COM	025816109	213	2,740	SH		SOLE		0	0	2,740
AMERIPRISE FINL INC	COM	03076c106	407	3,260	SH		SOLE		0	0	3,260
ANADARKO PETE CORP	COM	032511107	941	12,052	SH		SOLE		0	0	12,052
APACHE CORP	COM	037411105	590	10,240	SH		SOLE		0	0	10,240
APOLLO COML REAL EST FIN INC	COM	03762U105	376	22,920	SH		SOLE		0	0	22,920
APOLLO INVT CORP	NOTE 5.750% 1/1	03761UAE6	702	695	SH		SOLE		0	0	695
APPLE INC	COM	037833100	9,467	75,413	SH		SOLE		855	0	74,558
ARES CAP CORP	COM	04010L103	3,334	202,580	SH		SOLE		0	0	202,580
ARES CAP CORP	NOTE 5.750% 2/0	04010LAB9	259	255	SH		SOLE		0	0	255
AT&T INC	COM	00206R102	5,875	165,389	SH		SOLE		0	0	165,389
AURICO GOLD INC	COM	05155c105	139	49,116	SH		SOLE		0	0	49,116
AUTOMATIC DATA PROCESSING IN	COM	053015103	574	7,145	SH		SOLE		0	0	7,145
AVENUE FINL HLDGS INC	COM	05358K102	776	61,500	SH		SOLE		0	0	61,500
BAKER HUGHES INC	COM	057224107	617	10,000	SH		SOLE		0	0	10,000
BANC CALIF INC	COM	05990K106	1,869	135,660	SH		SOLE		1,000	0	134,660
BANK AMER CORP	COM	060505104	4,477	263,045	SH		SOLE		0	0	263,045
BANK NEW YORK MELLON CORP	COM	064058100	428	10,190	SH		SOLE		0	0	10,190
BARRICK GOLD CORP	COM	067901108	2,198	206,152	SH		SOLE		0	0	206,152
BED BATH & BEYOND INC	COM	075896100	2,384	34,560	SH		SOLE		0	0	34,560
BERKSHIRE HATHAWAY INC DEL	CL A	084670108	205	1	SH		SOLE		0	0	1
BERKSHIRE HATHAWAY INC DEL	CL B NEW	084670702	312	2,288	SH		SOLE		0	0	2,288
BHP BILLITON LTD	SPONSORED ADR	088606108	1,588	39,000	SH		SOLE		0	0	39,000
BIOSCRIP INC	COM	09069N108	481	132,270	SH		SOLE		7,600	0	124,670
BLACKROCK BUILD AMER BD TR	SHS	09248x100	3,376	169,928	SH		SOLE		0	0	169,928
BLACKROCK CR ALLCTN INC TR	COM	092508100	11,239	887,022	SH		SOLE		0	0	887,022
BLACKROCK DEBT STRAT FD INC	COM	09255r103	135	37,161	SH		SOLE		0	0	37,161
BLACKROCK ENHANCED EQT DIV T	COM	09251a104	296	37,014	SH		SOLE		0	0	37,014
BLACKROCK MUNIYLD INVST QLTY	COM	09254t100	189	14,336	SH		SOLE		0	0	14,336
BLACKROCK RES & COMM STRAT T	SHS	09257A108	594	65,095	SH		SOLE		0	0	65,095
BLACKSTONE GROUP L P	COM UNIT LTD	09253U108	813	19,895	SH		SOLE		0	0	19,895
BOEING CO	COM	097023105	501	3,614	SH		SOLE		0	0	3,614
BP PLC	SPONSORED ADR	055622104	2,908	72,692	SH		SOLE		0	0	72,692
BRISTOL MYERS SQUIBB CO	COM	110122108	4,932	74,125	SH		SOLE		0	0	74,125
CALAMOS CONV & HIGH INCOME F	COM SHS	12811p108	2,355	177,215	SH		SOLE		0	0	177,215
CALAMOS CONV OPP AND INC FD	SH BEN INT	128117108	330	27,026	SH		SOLE		0	0	27,026
CALAMOS STRATEGIC TOTL RETN	COM SH BEN INT	128125101	1,883	171,620	SH		SOLE		0	0	171,620
CASTLE A M & CO	COM	148411101	69	11,191	SH		SOLE		0	0	11,191
CATERPILLAR INC DEL	COM	149123101	690	8,127	SH		SOLE		0	0	8,127
CENTER COAST MLP & INFRSTR F	COM SHS	151461100	29,683	1,944,102	SH		SOLE		0	0	1,944,102
CHECK POINT SOFTWARE TECH LT	ORD	M22465104	1,926	24,150	SH		SOLE		1,135	0	23,015
CHEVRON CORP NEW	COM	166764100	2,755	28,550	SH		SOLE		0	0	28,550
CIMAREX ENERGY CO	COM	171798101	221	2,000	SH		SOLE		0	0	2,000
CISCO SYS INC	COM	17275R102	5,659	206,068	SH		SOLE		0	0	206,068
CITIGROUP INC	COM NEW	172967424	4,076	73,670	SH		SOLE		2,050	0	71,620
CLOROX CO DEL	COM	189054109	371	3,570	SH		SOLE		0	0	3,570
CLOUGH GLOBAL ALLOCATION FD	COM	18913y103	2,331	158,155	SH		SOLE		0	0	158,155
CLOUGH GLOBAL EQUITY FD	COM	18914c100	341	23,015	SH		SOLE		0	0	23,015
CLOUGH GLOBAL OPPORTUNITIES	SH BEN INT	18914e106	14,743	1,223,513	SH		SOLE		0	0	1,223,513
COACH INC	COM	189754104	973	28,105	SH		SOLE		0	0	28,105
COCA COLA CO	COM	191216100	1,827	46,565	SH		SOLE		0	0	46,565
COHEN & STEERS INFRASTRUCTUR	COM	19248A109	1,803	85,760	SH		SOLE		0	0	85,760
COMCAST CORP NEW	CL A	20030n101	286	4,751	SH		SOLE		0	0	4,751
CONOCOPHILLIPS	COM	20825C104	2,861	46,579	SH		SOLE		0	0	46,579
CORNING INC	COM	219350105	1,971	99,886	SH		SOLE		0	0	99,886
CRESTWOOD MIDSTREAM PARTNERS	UNIT LTD PARTNER	226378107	187	16,730	SH		SOLE		0	0	16,730
CRYOLIFE INC	COM	228903100	151	13,390	SH		SOLE		0	0	13,390
DELAWARE INV CO MUN INC FD I	COM	246101109	218	15,760	SH		SOLE		0	0	15,760
DEVON ENERGY CORP NEW	COM	25179M103	960	16,135	SH		SOLE		0	0	16,135
DISCOVERY COMMUNICATNS NEW	COM SER A	25470F104	7,069	212,670	SH		SOLE		3,645	0	209,025
DIVIDEND & INCOME FUND	COM NEW	25538a204	2,997	211,987	SH		SOLE		0	0	211,987
DOUBLELINE INCOME SOLUTIONS	COM	258622109	1,499	75,810	SH		SOLE		0	0	75,810
DOW CHEM CO	COM	260543103	6,069	118,585	SH		SOLE		0	0	118,585
DR PEPPER SNAPPLE GROUP INC	COM	26138E109	643	8,823	SH		SOLE		0	0	8,823
DU PONT E I DE NEMOURS & CO	COM	263534109	476	7,435	SH		SOLE		0	0	7,435
EATON VANCE SR FLTNG RTE TR	COM	27828q105	158	11,500	SH		SOLE		0	0	11,500
EATON VANCE TX MGD DIV EQ IN	COM	27828N102	165	14,485	SH		SOLE		0	0	14,485
EMERSON ELEC CO	COM	291011104	939	16,934	SH		SOLE		0	0	16,934
ENBRIDGE ENERGY MANAGEMENT L	SHS UNITS LLI	29250x103	11,258	341,161	SH		SOLE		0	0	341,161
ENBRIDGE ENERGY PARTNERS L P	COM	29250r106	8,284	248,551	SH		SOLE		0	0	248,551
ENERGY TRANSFER PRTNRS L P	UNIT LTD PARTN	29273r109	2,519	48,262	SH		SOLE		0	0	48,262
ENTERPRISE PRODS PARTNERS L	COM	293792107	5,667	189,577	SH		SOLE		0	0	189,577
EOG RES INC	COM	26875p101	245	2,794	SH		SOLE		0	0	2,794
EXPRESS SCRIPTS HLDG CO	COM	30219G108	3,154	35,475	SH		SOLE		970	0	34,505
EXXON MOBIL CORP	COM	30231G102	15,081	181,262	SH		SOLE		0	0	181,262
FEDERATED INVS INC PA	CL B	314211103	1,231	36,756	SH		SOLE		0	0	36,756
FLAHERTY & CRUMRINE DYN PFD	SHS	33848w106	8,877	397,909	SH		SOLE		0	0	397,909
FLAHERTY & CRUMRINE PFD INC	COM	338480106	148	10,885	SH		SOLE		0	0	10,885
FLAHERTY&CRMN PFD SEC INCOM	COM	338478100	5,306	284,363	SH		SOLE		0	0	284,363
FOOT LOCKER INC	COM	344849104	530	7,904	SH		SOLE		0	0	7,904
FORD MTR CO DEL	COM PAR $0.01	345370860	4,779	318,350	SH		SOLE		0	0	318,350
FORT DEARBORN INCOME SECS IN	COM	347200107	678	49,156	SH		SOLE		0	0	49,156
FRANKLIN UNVL TR	SH BEN INT	355145103	115	17,900	SH		SOLE		0	0	17,900
FREEPORT-MCMORAN INC	CL B	35671d857	291	15,609	SH		SOLE		0	0	15,609
GALLAGHER ARTHUR J & CO	COM	363576109	2,076	43,895	SH		SOLE		0	0	43,895
GAMCO GLOBAL GOLD NAT RES &	COM SH BEN INT	36465a109	17,429	2,677,301	SH		SOLE		0	0	2,677,301
GAMCO NAT RES GOLD & INCOME	SH BEN INT	36465e101	8,953	1,170,389	SH		SOLE		0	0	1,170,389
GENERAL ELECTRIC CO	COM	369604103	1,775	66,673	SH		SOLE		0	0	66,673
GENERAL MLS INC	COM	370334104	521	9,354	SH		SOLE		0	0	9,354
GILEAD SCIENCES INC	COM	375558103	3,747	32,025	SH		SOLE		1,085	0	30,940
GLAXOSMITHKLINE PLC	SPONSORED ADR	37733W105	1,641	39,395	SH		SOLE		0	0	39,395
GLOBAL X FDS	GLB X SUPERDIV	37950E549	2,314	104,450	SH		SOLE		0	0	104,450
GOLDCORP INC NEW	COM	380956409	1,293	79,835	SH		SOLE		0	0	79,835
GOOGLE INC	CL A	38259p508	2,940	5,444	SH		SOLE		0	0	5,444
GOOGLE INC	CL C	38259P706	3,850	7,396	SH		SOLE		205	0	7,191
GRAINGER W W INC	COM	384802104	783	3,308	SH		SOLE		0	0	3,308
GREEN BANCORP INC	COM	39260X100	2,047	133,260	SH		SOLE		4,900	0	128,360
HALLIBURTON CO	COM	406216101	3,620	83,950	SH		SOLE		2,250	0	81,700
HANCOCK HLDG CO	COM	410120109	648	20,310	SH		SOLE		600	0	19,710
HANCOCK JOHN PFD INCOME FD	SH BEN INT	41013w108	213	11,000	SH		SOLE		0	0	11,000
HARTFORD FINL SVCS GROUP INC	COM	416515104	911	21,924	SH		SOLE		0	0	21,924
HATTERAS FINL CORP	COM	41902r103	12,180	747,216	SH		SOLE		0	0	747,216
HERCULES TECH GROWTH CAP INC	COM	427096508	499	43,000	SH		SOLE		0	0	43,000
HERTZ GLOBAL HOLDINGS INC	COM	42805T105	3,404	187,590	SH		SOLE		4,995	0	182,595
HESS CORP	COM	42809h107	412	6,158	SH		SOLE		0	0	6,158
HOLOGIC INC	COM	436440101	8,027	210,907	SH		SOLE		5,900	0	205,007
HOWARD HUGHES CORP	COM	44267D107	307	2,130	SH		SOLE		0	0	2,130
IAC INTERACTIVECORP	COM PAR $.001	44919P508	9,029	113,140	SH		SOLE		1,700	0	111,440
INTEL CORP	COM	458140100	284	9,355	SH		SOLE		0	0	9,355
INTERNATIONAL BUSINESS MACHS	COM	459200101	848	5,205	SH		SOLE		0	0	5,205
INTEVAC INC	COM	461148108	101	17,240	SH		SOLE		0	0	17,240
INVESCO SR INCOME TR	COM	46131h107	6,102	1,368,118	SH		SOLE		0	0	1,368,118
ISHARES	MSCI JAPAN ETF	464286848	2,107	164,450	SH		SOLE		0	0	164,450
ISHARES	1-3 YR CR BD ETF	464288646	487	4,624	SH		SOLE		0	0	4,624
ISHARES SILVER TRUST	ISHARES	46428q109	151	10,030	SH		SOLE		0	0	10,030
ISHARES TR	SELECT DIVID ETF	464287168	3,233	43,030	SH		SOLE		0	0	43,030
ISHARES TR	RUS MD CP GR ETF	464287481	212	2,191	SH		SOLE		0	0	2,191
ISHARES TR	CORE S&P SCP ETF	464287804	367	3,114	SH		SOLE		0	0	3,114
JOHNSON & JOHNSON	COM	478160104	2,678	27,481	SH		SOLE		0	0	27,481
JPMORGAN CHASE & CO	COM	46625H100	5,116	75,515	SH		SOLE		0	0	75,515
JPMORGAN CHASE & CO	*W EXP 10/28/201	46634E114	2,951	119,325	SH		SOLE		4,100	0	115,225
KAYNE ANDERSON MLP INVT CO	COM	486606106	217	7,069	SH		SOLE		0	0	7,069
KEY ENERGY SVCS INC	COM	492914106	27	15,060	SH		SOLE		0	0	15,060
KIMBERLY CLARK CORP	COM	494368103	929	8,764	SH		SOLE		0	0	8,764
KINDER MORGAN INC DEL	COM	49456b101	50,951	1,327,196	SH		SOLE		0	0	1,327,196
KINDER MORGAN INC DEL	*W EXP 05/25/201	49456b119	32	11,796	SH		SOLE		0	0	11,796
KKR & CO L P DEL	COM UNITS	48248M102	5,272	230,205	SH		SOLE		5,425	0	224,780
KRAFT FOODS GROUP INC	COM	50076Q106	912	10,702	SH		SOLE		0	0	10,702
LEGACY RESVS LP	UNIT LP INT	524707304	249	29,088	SH		SOLE		0	0	29,088
LEGGETT & PLATT INC	COM	524660107	1,292	26,546	SH		SOLE		0	0	26,546
LEUCADIA NATL CORP	COM	527288104	305	12,485	SH		SOLE		0	0	12,485
LEVEL 3 COMMUNICATIONS INC	COM NEW	52729n308	3,873	73,535	SH		SOLE		0	0	73,535
LIBERTY ALL STAR EQUITY FD	SH BEN INT	530158104	84	14,597	SH		SOLE		0	0	14,597
MAGELLAN MIDSTREAM PRTNRS LP	COM UNIT RP LP	559080106	1,071	14,598	SH		SOLE		0	0	14,598
MAIN STREET CAPITAL CORP	COM	56035L104	444	13,908	SH		SOLE		0	0	13,908
MANITOWOC INC	COM	563571108	2,802	142,940	SH		SOLE		0	0	142,940
MCCORMICK & CO INC	COM NON VTG	579780206	4,744	58,610	SH		SOLE		0	0	58,610
MCDONALDS CORP	COM	580135101	359	3,780	SH		SOLE		0	0	3,780
MERCK & CO INC NEW	COM	58933Y105	6,228	109,389	SH		SOLE		0	0	109,389
MGIC INVT CORP WIS	COM	552848103	512	45,000	SH		SOLE		0	0	45,000
MICROSOFT CORP	COM	594918104	10,753	243,603	SH		SOLE		2,765	0	240,838
MYLAN N V	SHS EURO	N59465109	269	3,960	SH		SOLE		0	0	3,960
NCR CORP NEW	COM	62886E108	4,084	135,450	SH		SOLE		3,750	0	131,700
NEUBERGER BERMAN RE ES SEC F	COM	64190A103	191	40,300	SH		SOLE		0	0	40,300
NEW GOLD INC CDA	COM	644535106	87	32,270	SH		SOLE		0	0	32,270
NEWMONT MINING CORP	COM	651639106	3,023	129,421	SH		SOLE		0	0	129,421
NUSTAR ENERGY LP	UNIT COM	67058h102	520	8,758	SH		SOLE		0	0	8,758
NUVEEN AMT-FREE MUN INCOME F	COM	670657105	6,709	526,585	SH		SOLE		0	0	526,585
NUVEEN BUILD AMER BD FD	COM	67074c103	2,274	117,501	SH		SOLE		0	0	117,501
NUVEEN BUILD AMER BD OPPTNY	COM	67074q102	3,572	181,485	SH		SOLE		0	0	181,485
NUVEEN CR STRATEGIES INCM FD	COM SHS	67073d102	1,850	214,856	SH		SOLE		0	0	214,856
NUVEEN FLTNG RTE INCM OPP FD	COM SHS	6706en100	1,311	121,531	SH		SOLE		0	0	121,531
NUVEEN INVT QUALITY MUN FD I	COM	67062e103	189	13,010	SH		SOLE		0	0	13,010
NUVEEN MUN ADVANTAGE FD INC	COM	67062h106	138	10,579	SH		SOLE		0	0	10,579
NUVEEN MUN OPPORTUNITY FD IN	COM	670984103	4,309	316,572	SH		SOLE		0	0	316,572
NUVEEN N C PREM INCOME MUN F	COM	67060p100	497	39,160	SH		SOLE		0	0	39,160
NUVEEN PERFORMANCE PLUS MUN	COM	67062p108	1,369	97,586	SH		SOLE		0	0	97,586
NUVEEN PFD INCOME OPPRTNY FD	COM	67073b106	1,465	159,985	SH		SOLE		0	0	159,985
NUVEEN PREM INCOME MUN FD	COM	67062t100	5,772	439,236	SH		SOLE		0	0	439,236
NUVEEN PREM INCOME MUN FD 2	COM	67063w102	6,274	472,472	SH		SOLE		0	0	472,472
NUVEEN PREM INCOME MUN FD 4	COM	6706k4105	143	10,936	SH		SOLE		0	0	10,936
NUVEEN PREMIER MUN INCOME FD	COM	670988104	2,016	156,252	SH		SOLE		0	0	156,252
NUVEEN QUALITY INCOME MUN FD	COM	670977107	985	73,806	SH		SOLE		0	0	73,806
NUVEEN QUALITY MUN FD INC	COM	67062n103	3,258	258,133	SH		SOLE		0	0	258,133
NUVEEN QUALITY PFD INC FD 3	COM	67072w101	2,080	255,227	SH		SOLE		0	0	255,227
NUVEEN REAL ESTATE INCOME FD	COM	67071B108	1,236	121,025	SH		SOLE		0	0	121,025
NUVEEN SELECT QUALITY MUN FD	COM	670973106	2,214	167,464	SH		SOLE		0	0	167,464
NUVEEN VA PREM INCOME MUN FD	COM	67064r102	249	18,585	SH		SOLE		0	0	18,585
OAKTREE CAP GROUP LLC	UNIT CL A	674001201	472	8,835	SH		SOLE		0	0	8,835
OMEGA HEALTHCARE INVS INC	COM	681936100	1,860	54,174	SH		SOLE		0	0	54,174
ONEOK PARTNERS LP	UNIT LTD PARTN	68268n103	14,498	426,411	SH		SOLE		0	0	426,411
ORACLE CORP	COM	68389x105	272	6,744	SH		SOLE		0	0	6,744
ORBITAL ATK INC	COM	68557N103	227	3,098	SH		SOLE		0	0	3,098
OUTERWALL INC	COM	690070107	4,691	61,605	SH		SOLE		1,850	0	59,755
OWENS ILL INC	COM NEW	690768403	436	19,000	SH		SOLE		0	0	19,000
PAN AMERICAN SILVER CORP	COM	697900108	1,866	217,265	SH		SOLE		0	0	217,265
PENNANTPARK INVT CORP	COM	708062104	399	45,500	SH		SOLE		0	0	45,500
PEOPLES UNITED FINANCIAL INC	COM	712704105	325	20,075	SH		SOLE		0	0	20,075
PEPSICO INC	COM	713448108	1,199	12,848	SH		SOLE		0	0	12,848
PETROLEO BRASILEIRO SA PETRO	SPONSORED ADR	71654v408	90	10,000	SH		SOLE		0	0	10,000
PFIZER INC	COM	717081103	2,403	71,675	SH		SOLE		0	0	71,675
PHILLIPS 66	COM	718546104	661	8,205	SH		SOLE		0	0	8,205
PLAINS ALL AMERN PIPELINE L	UNIT LTD PARTN	726503105	4,299	98,663	SH		SOLE		0	0	98,663
POPULAR INC	COM NEW	733174700	3,797	131,590	SH		SOLE		3,600	0	127,990
POTASH CORP SASK INC	COM	73755l107	5,287	170,700	SH		SOLE		0	0	170,700
POWERSHARES ETF TRUST II	CEF INC COMPST	73936q843	1,073	47,020	SH		SOLE		0	0	47,020
POWERSHARES GLOBAL ETF TRUST	AGG PFD PORT	73936t565	376	25,900	SH		SOLE		0	0	25,900
POWERSHARES QQQ TRUST	UNIT SER 1	73935a104	2,252	21,035	SH		SOLE		0	0	21,035
PROCTER & GAMBLE CO	COM	742718109	945	12,071	SH		SOLE		0	0	12,071
PROSHARES TR	S&P 500 DV ARIST	74348A467	774	15,735	SH		SOLE		0	0	15,735
PROSPERITY BANCSHARES INC	COM	743606105	425	7,369	SH		SOLE		0	0	7,369
QUALCOMM INC	COM	747525103	3,527	56,405	SH		SOLE		1,430	0	54,975
REDWOOD TR INC	COM	758075402	471	29,984	SH		SOLE		0	0	29,984
REPUBLIC SVCS INC	COM	760759100	867	22,075	SH		SOLE		0	0	22,075
ROYAL DUTCH SHELL PLC	SPON ADR B	780259107	850	14,824	SH		SOLE		0	0	14,824
ROYAL DUTCH SHELL PLC	SPONS ADR A	780259206	1,444	25,329	SH		SOLE		0	0	25,329
RUSH ENTERPRISES INC	CL A	781846209	305	11,650	SH		SOLE		0	0	11,650
RYDEX ETF TRUST	GUG S&P500 EQ WT	78355W106	8,607	107,852	SH		SOLE		0	0	107,852
RYDEX ETF TRUST	GUG S&P500EQWTEN	78355W866	1,353	21,050	SH		SOLE		0	0	21,050
SCHLUMBERGER LTD	COM	806857108	3,139	36,477	SH		SOLE		1,035	0	35,442
SEAGATE TECHNOLOGY PLC	SHS	g7945m107	1,130	23,780	SH		SOLE		0	0	23,780
SENIOR HSG PPTYS TR	SH BEN INT	81721M109	10,990	626,187	SH		SOLE		0	0	626,187
SINCLAIR BROADCAST GROUP INC	CL A	829226109	451	16,145	SH		SOLE		0	0	16,145
SPDR GOLD TRUST	GOLD SHS	78463v107	489	4,350	SH		SOLE		0	0	4,350
SPDR S&P 500 ETF TR	TR UNIT	78462f103	903	4,385	SH		SOLE		0	0	4,385
SPDR S&P MIDCAP 400 ETF TR	UTSER1 S&PDCRP	78467y107	227	829	SH		SOLE		0	0	829
SPECTRA ENERGY CORP	COM	847560109	4,071	124,883	SH		SOLE		0	0	124,883
SPROTT PHYSICAL GOLD TRUST	UNIT	85207H104	382	39,500	SH		SOLE		0	0	39,500
SPROTT PHYSICAL SILVER TR	TR UNIT	85207K107	174	28,200	SH		SOLE		0	0	28,200
STARWOOD PPTY TR INC	COM	85571b105	501	23,206	SH		SOLE		0	0	23,206
STARWOOD PPTY TR INC	NOTE 4.550% 3/0	85571BAA3	566	550	SH		SOLE		0	0	550
STONECASTLE FINL CORP	COM	861780104	1,553	89,774	SH		SOLE		0	0	89,774
SYMANTEC CORP	COM	871503108	1,589	68,280	SH		SOLE		0	0	68,280
SYSCO CORP	COM	871829107	360	9,950	SH		SOLE		0	0	9,950
TALLGRASS ENERGY GP LP	SHS CL A	874696107	8,021	249,473	SH		SOLE		0	0	249,473
TALLGRASS ENERGY PARTNERS LP	COM UNIT	874697105	24,971	519,371	SH		SOLE		0	0	519,371
TARGA RES CORP	COM	87612G101	4,419	49,500	SH		SOLE		1,275	0	48,225
TARGA RESOURCES PARTNERS LP	COM UNIT	87611x105	11,703	303,180	SH		SOLE		0	0	303,180
TC PIPELINES LP	UT COM LTD PRT	87233q108	718	12,600	SH		SOLE		0	0	12,600
TELEFONICA S A	SPONSORED ADR	879382208	171	12,041	SH		SOLE		0	0	12,041
TERADATA CORP DEL	COM	88076W103	1,956	52,690	SH		SOLE		1,865	0	50,825
TEXAS CAPITAL BANCSHARES INC	COM	88224q107	1,369	22,000	SH		SOLE		0	0	22,000
THE ADT CORPORATION	COM	00101J106	4,046	120,650	SH		SOLE		3,095	0	117,555
TORONTO DOMINION BK ONT	COM NEW	891160509	4,228	99,460	SH		SOLE		0	0	99,460
TOTAL S A	SPONSORED ADR	89151E109	578	11,760	SH		SOLE		0	0	11,760
TOWERSTREAM CORP	COM	892000100	45	25,000	SH		SOLE		0	0	25,000
TRISTATE CAP HLDGS INC	COM	89678f100	255	19,688	SH		SOLE		0	0	19,688
TYSON FOODS INC	CL A	902494103	2,774	65,080	SH		SOLE		0	0	65,080
UNDER ARMOUR INC	CL A	904311107	4,958	59,420	SH		SOLE		0	0	59,420
UNILEVER PLC	SPON ADR NEW	904767704	508	11,835	SH		SOLE		0	0	11,835
UNION PAC CORP	COM	907818108	305	3,200	SH		SOLE		0	0	3,200
UNITED THERAPEUTICS CORP DEL	COM	91307C102	2,964	17,045	SH		SOLE		575	0	16,470
VALERO ENERGY CORP NEW	COM	91913y100	467	7,455	SH		SOLE		0	0	7,455
VANGUARD INDEX FDS	MID CAP ETF	922908629	484	3,800	SH		SOLE		0	0	3,800
VANGUARD INDEX FDS	SMALL CP ETF	922908751	662	5,450	SH		SOLE		0	0	5,450
VANGUARD INDEX FDS	TOTAL STK MKT	922908769	841	7,860	SH		SOLE		0	0	7,860
VANGUARD WORLD FD	MEGA GRWTH IND	921910816	431	5,200	SH		SOLE		0	0	5,200
VENTAS INC	COM	92276f100	2,498	40,225	SH		SOLE		0	0	40,225
VERIZON COMMUNICATIONS INC	COM	92343v104	3,225	69,265	SH		SOLE		0	0	69,265
VODAFONE GROUP PLC NEW	SPNSR ADR NO PAR	92857W308	1,402	38,420	SH		SOLE		0	0	38,420
WAL-MART STORES INC	COM	931142103	207	2,915	SH		SOLE		0	0	2,915
WASTE MGMT INC DEL	COM	94106L109	367	7,923	SH		SOLE		0	0	7,923
WELLS FARGO & CO NEW	COM	949746101	1,625	28,947	SH		SOLE		0	0	28,947
WELLS FARGO ADVANTAGE MULTI	COM SHS	94987d101	206	16,245	SH		SOLE		0	0	16,245
WENDYS CO	COM	95058w100	3,475	308,066	SH		SOLE		0	0	308,066
WESTERN ASSET HIGH INCM OPP	COM	95766k109	287	55,820	SH		SOLE		0	0	55,820
WESTERN UN CO	COM	959802109	3,138	154,370	SH		SOLE		0	0	154,370
WESTPAC BKG CORP	SPONSORED ADR	961214301	19,400	784,162	SH		SOLE		0	0	784,162
WILLIAMS PARTNERS L P NEW	COM UNIT LTD PAR	96949L105	661	13,658	SH		SOLE		0	0	13,658
WISDOMTREE TR	EMERG MKTS ETF	97717w315	414	9,527	SH		SOLE		0	0	9,527
XEROX CORP	COM	984121103	2,126	199,825	SH		SOLE		0	0	199,825
XL GROUP PLC	SHS	g98290102	227	6,091	SH		SOLE		0	0	6,091
YUM BRANDS INC	COM	988498101	255	2,826	SH		SOLE		0	0	2,826
ZIX CORP	COM	98974p100	134	26,000	SH		SOLE		0	0	26,000
ZOETIS INC	CL A	98978V103	1,726	35,833	SH		SOLE		1,400	0	34,433