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	3,446	20,683	SH		SOLE		0	0	20,683
ABBOTT LABS	COM	002824100	319	7,632	SH		SOLE		0	0	7,632
ABBVIE INC	COM	00287Y109	5,215	91,258	SH		SOLE		27,550	0	63,708
ABERDEEN ASIA PACIFIC INCOM	COM	003009107	30,153	6,030,596	SH		SOLE		0	0	6,030,596
ABERDEEN GLOBAL INCOME FD IN	COM	003013109	467	55,560	SH		SOLE		0	0	55,560
ADVENT CLAYMORE CV SECS & IN	COM	00764c109	12,466	943,687	SH		SOLE		0	0	943,687
AGNICO EAGLE MINES LTD	COM	008474108	3,080	85,180	SH		SOLE		0	0	85,180
ALAMOS GOLD INC NEW	COM CL A	011532108	131	24,811	SH		SOLE		0	0	24,811
ALLEGIANCE BANCSHARES INC	COM	01748H107	636	34,666	SH		SOLE		0	0	34,666
ALLIANCEBERNSTEIN INCOME FUN	COM	01881e101	178	22,622	SH		SOLE		0	0	22,622
ALLIANZGI CONV & INCOME FD	COM	018828103	555	100,227	SH		SOLE		0	0	100,227
ALLY FINL INC	COM	02005N100	6,728	359,353	SH		SOLE		34,694	0	324,659
ALPHABET INC	CAP STK CL C	02079K107	6,181	8,310	SH		SOLE		2,014	0	6,296
ALPHABET INC	CAP STK CL A	02079K305	3,039	3,984	SH		SOLE		0	0	3,984
ALPINE TOTAL DYNAMIC DIVID F	COM SH BEN INT N	021060207	438	58,346	SH		SOLE		15,731	0	42,615
ALTRIA GROUP INC	COM	02209s103	228	3,634	SH		SOLE		0	0	3,634
AMC NETWORKS INC	CL A	00164V103	2,224	34,190	SH		SOLE		9,070	0	25,120
AMERIPRISE FINL INC	COM	03076c106	423	4,495	SH		SOLE		0	0	4,495
AMGEN INC	COM	031162100	2,623	17,498	SH		SOLE		0	0	17,498
ANADARKO PETE CORP	COM	032511107	596	12,807	SH		SOLE		0	0	12,807
ANNALY CAP MGMT INC	COM	035710409	779	75,920	SH		SOLE		11,675	0	64,245
APACHE CORP	COM	037411105	461	9,440	SH		SOLE		0	0	9,440
APPLE INC	COM	037833100	6,748	61,910	SH		SOLE		12,954	0	48,956
AT&T INC	COM	00206R102	6,418	163,871	SH		SOLE		0	0	163,871
AUTOMATIC DATA PROCESSING IN	COM	053015103	640	7,145	SH		SOLE		0	0	7,145
AVENUE FINL HLDGS INC	COM	05358K102	2,472	127,590	SH		SOLE		38,110	0	89,480
AVIS BUDGET GROUP	COM	053774105	1,435	52,345	SH		SOLE		11,085	0	41,260
BAKER HUGHES INC	COM	057224107	438	10,000	SH		SOLE		0	0	10,000
BANC OF CALIFORNIA INC	COM	05990K106	2,866	163,220	SH		SOLE		44,867	0	118,353
BANK AMER CORP	COM	060505104	3,161	233,815	SH		SOLE		0	0	233,815
BANK AMER CORP	*W EXP 01/16/201	060505146	1,337	343,645	SH		SOLE		103,800	0	239,845
BANK NEW YORK MELLON CORP	COM	064058100	374	10,140	SH		SOLE		975	0	9,165
BARRICK GOLD CORP	COM	067901108	681	50,129	SH		SOLE		0	0	50,129
BED BATH & BEYOND INC	COM	075896100	2,050	41,295	SH		SOLE		0	0	41,295
BERKSHIRE HATHAWAY INC DEL	CL A	084670108	213	1	SH		SOLE		0	0	1
BERKSHIRE HATHAWAY INC DEL	CL B NEW	084670702	342	2,418	SH		SOLE		0	0	2,418
BHP BILLITON LTD	SPONSORED ADR	088606108	1,010	39,000	SH		SOLE		0	0	39,000
BLACKROCK CR ALLCTN INC TR	COM	092508100	12,510	999,192	SH		SOLE		0	0	999,192
BLACKROCK DEBT STRAT FD INC	COM	09255r103	109	31,496	SH		SOLE		0	0	31,496
BLACKROCK ENHANCED EQT DIV T	COM	09251A104	315	41,637	SH		SOLE		13,647	0	27,990
BLACKROCK LONG-TERM MUNI ADV	COM	09250b103	286	24,055	SH		SOLE		0	0	24,055
BLACKROCK LTD DURATION INC T	COM SHS	09249w101	1,123	75,996	SH		SOLE		0	0	75,996
BLACKROCK MUNI INCOME INV QL	COM	09250g102	167	10,945	SH		SOLE		0	0	10,945
BLACKROCK MUNIYLD INVST QLTY	COM	09254t100	209	14,336	SH		SOLE		0	0	14,336
BLACKROCK TAX MUNICPAL BD TR	SHS	09248x100	299	12,993	SH		SOLE		0	0	12,993
BLACKSTONE GROUP L P	COM UNIT LTD	09253U108	608	21,695	SH		SOLE		1,000	0	20,695
BOARDWALK PIPELINE PARTNERS	UT LTD PARTNER	096627104	448	30,500	SH		SOLE		1,500	0	29,000
BOEING CO	COM	097023105	426	3,353	SH		SOLE		0	0	3,353
BP PLC	SPONSORED ADR	055622104	1,350	44,736	SH		SOLE		0	0	44,736
BRISTOL MYERS SQUIBB CO	COM	110122108	4,466	69,910	SH		SOLE		0	0	69,910
CALAMOS CONV & HIGH INCOME F	COM SHS	12811p108	1,608	154,799	SH		SOLE		0	0	154,799
CALAMOS CONV OPP AND INC FD	SH BEN INT	128117108	11,243	1,184,698	SH		SOLE		0	0	1,184,698
CALAMOS STRATEGIC TOTL RETN	COM SH BEN INT	128125101	1,420	149,268	SH		SOLE		0	0	149,268
CARE CAP PPTYS INC	COM	141624106	246	9,173	SH		SOLE		0	0	9,173
CASTLE A M & CO	COM	148411101	30	11,191	SH		SOLE		0	0	11,191
CATERPILLAR INC DEL	COM	149123101	651	8,517	SH		SOLE		0	0	8,517
CENTER COAST MLP & INFRSTR F	COM SHS	151461100	22,686	2,206,797	SH		SOLE		13,995	0	2,192,802
CHEVRON CORP NEW	COM	166764100	7,332	76,845	SH		SOLE		0	0	76,845
CHICAGO BRIDGE & IRON CO N V	COM	167250109	325	8,900	SH		SOLE		0	0	8,900
CHUBB LIMITED	COM	h1467j104	3,708	31,118	SH		SOLE		0	0	31,118
CISCO SYS INC	COM	17275R102	4,717	165,676	SH		SOLE		0	0	165,676
CLEARBRIDGE ENERGY MLP TR FD	COM	18469q108	2,982	287,272	SH		SOLE		0	0	287,272
CLOROX CO DEL	COM	189054109	450	3,570	SH		SOLE		0	0	3,570
CLOUGH GLOBAL ALLOCATION FD	COM	18913y103	811	69,853	SH		SOLE		0	0	69,853
CLOUGH GLOBAL EQUITY FD	COM	18914c100	145	13,341	SH		SOLE		0	0	13,341
CLOUGH GLOBAL OPPORTUNITIES	SH BEN INT	18914e106	576	60,167	SH		SOLE		0	0	60,167
CMS ENERGY CORP	COM	125896100	221	5,207	SH		SOLE		0	0	5,207
COCA COLA CO	COM	191216100	2,112	45,526	SH		SOLE		0	0	45,526
COHEN & STEERS INFRASTRUCTUR	COM	19248A109	2,550	128,710	SH		SOLE		0	0	128,710
COMCAST CORP NEW	CL A	20030N101	311	5,093	SH		SOLE		0	0	5,093
CONOCOPHILLIPS	COM	20825C104	996	24,713	SH		SOLE		0	0	24,713
CORNING INC	COM	219350105	2,633	126,061	SH		SOLE		0	0	126,061
DELAWARE INV CO MUN INC FD I	COM	246101109	238	15,760	SH		SOLE		0	0	15,760
DEVON ENERGY CORP NEW	COM	25179m103	551	20,080	SH		SOLE		0	0	20,080
DHT HOLDINGS INC	SHS NEW	Y2065G121	8,456	1,467,993	SH		SOLE		0	0	1,467,993
DISCOVERY COMMUNICATNS NEW	COM SER A	25470F104	3,723	130,150	SH		SOLE		35,972	0	94,178
DISNEY WALT CO	COM DISNEY	254687106	3,278	33,022	SH		SOLE		0	0	33,022
DOUBLELINE INCOME SOLUTIONS	COM	258622109	294	17,493	SH		SOLE		0	0	17,493
DOW CHEM CO	COM	260543103	1,666	32,749	SH		SOLE		5,425	0	27,324
DU PONT E I DE NEMOURS & CO	COM	263534109	451	7,135	SH		SOLE		0	0	7,135
EATON VANCE MUN BD FD	COM	27827x101	8,742	657,287	SH		SOLE		0	0	657,287
EATON VANCE SR FLTNG RTE TR	COM	27828q105	295	22,980	SH		SOLE		0	0	22,980
EATON VANCE TX MGD DIV EQ IN	COM	27828N102	153	14,305	SH		SOLE		0	0	14,305
ENBRIDGE ENERGY MANAGEMENT L	SHS UNITS LLI	29250x103	6,835	380,769	SH		SOLE		0	0	380,769
ENBRIDGE ENERGY PARTNERS L P	COM	29250r106	12,269	669,687	SH		SOLE		0	0	669,687
ENERGY TRANSFER PRTNRS L P	UNIT LTD PARTN	29273r109	436	13,484	SH		SOLE		0	0	13,484
ENTERPRISE PRODS PARTNERS L	COM	293792107	19,243	781,753	SH		SOLE		48,070	0	733,683
EOG RES INC	COM	26875p101	233	3,204	SH		SOLE		0	0	3,204
EXACT SCIENCES CORP	COM	30063p105	67	10,000	SH		SOLE		0	0	10,000
EXXON MOBIL CORP	COM	30231G102	16,677	199,513	SH		SOLE		0	0	199,513
F M C CORP	COM NEW	302491303	397	9,825	SH		SOLE		6,905	0	2,920
FACEBOOK INC	CL A	30303M102	228	2,000	SH		SOLE		0	0	2,000
FEDERATED INVS INC PA	CL B	314211103	222	7,690	SH		SOLE		0	0	7,690
FIRST TR ABERDEEN GLBL OPP F	COM SHS	337319107	1,094	99,850	SH		SOLE		0	0	99,850
FLAHERTY & CRUMRINE DYN PFD	SHS	33848w106	12,366	525,325	SH		SOLE		0	0	525,325
FLAHERTY & CRUMRINE PFD INC	COM	338480106	158	11,152	SH		SOLE		0	0	11,152
FLAHERTY&CRMN PFD SEC INCOM	COM	338478100	5,504	270,449	SH		SOLE		0	0	270,449
FOOT LOCKER INC	COM	344849104	510	7,904	SH		SOLE		0	0	7,904
FORD MTR CO DEL	COM PAR $0.01	345370860	229	16,978	SH		SOLE		0	0	16,978
FORT DEARBORN INCOME SECS IN	COM	347200107	701	48,609	SH		SOLE		0	0	48,609
FREEPORT-MCMORAN INC	CL B	35671d857	157	15,144	SH		SOLE		0	0	15,144
GALLAGHER ARTHUR J & CO	COM	363576109	985	22,142	SH		SOLE		0	0	22,142
GAMCO GLOBAL GOLD NAT RES &	COM SH BEN INT	36465a109	16,110	2,856,480	SH		SOLE		0	0	2,856,480
GAMCO NAT RES GOLD & INCOME	SH BEN INT	36465e101	12,133	1,843,991	SH		SOLE		0	0	1,843,991
GASTAR EXPL INC NEW	COM	36729w202	30	26,950	SH		SOLE		0	0	26,950
GENERAL ELECTRIC CO	COM	369604103	2,288	71,937	SH		SOLE		9,391	0	62,546
GENERAL MLS INC	COM	370334104	539	8,510	SH		SOLE		0	0	8,510
GENWORTH FINL INC	COM CL A	37247D106	136	49,840	SH		SOLE		0	0	49,840
GILEAD SCIENCES INC	COM	375558103	6,828	74,325	SH		SOLE		13,653	0	60,672
GLAXOSMITHKLINE PLC	SPONSORED ADR	37733W105	441	10,869	SH		SOLE		0	0	10,869
GLOBAL X FDS	GLB X SUPERDIV	37950E549	2,105	104,250	SH		SOLE		0	0	104,250
GOLDCORP INC NEW	COM	380956409	3,764	231,944	SH		SOLE		0	0	231,944
GRAINGER W W INC	COM	384802104	772	3,308	SH		SOLE		0	0	3,308
HALLIBURTON CO	COM	406216101	439	12,260	SH		SOLE		0	0	12,260
HANCOCK JOHN PFD INCOME FD	SH BEN INT	41013w108	244	11,000	SH		SOLE		0	0	11,000
HANESBRANDS INC	COM	410345102	1,634	57,650	SH		SOLE		0	0	57,650
HARTFORD FINL SVCS GROUP INC	COM	416515104	978	21,221	SH		SOLE		0	0	21,221
HESS CORP	COM	42809h107	324	6,158	SH		SOLE		0	0	6,158
HOWARD HUGHES CORP	COM	44267D107	319	3,030	SH		SOLE		0	0	3,030
HSBC HLDGS PLC	SPON ADR NEW	404280406	2,307	74,310	SH		SOLE		17,520	0	56,790
HUGOTON RTY TR TEX	UNIT BEN INT	444717102	37	26,675	SH		SOLE		0	0	26,675
IAC INTERACTIVECORP	COM	44919P508	3,109	66,155	SH		SOLE		18,473	0	47,682
INTEL CORP	COM	458140100	300	9,219	SH		SOLE		0	0	9,219
INTERNATIONAL BUSINESS MACHS	COM	459200101	982	6,486	SH		SOLE		250	0	6,236
INVESCO SR INCOME TR	COM	46131H107	12,158	3,009,350	SH		SOLE		0	0	3,009,350
IRON MTN INC NEW	COM	46284v101	2,413	71,165	SH		SOLE		0	0	71,165
ISHARES	MSCI JAPAN ETF	464286848	1,844	161,650	SH		SOLE		0	0	161,650
ISHARES SILVER TRUST	ISHARES	46428q109	147	10,030	SH		SOLE		0	0	10,030
ISHARES TR	SELECT DIVID ETF	464287168	3,138	38,420	SH		SOLE		0	0	38,420
ISHARES TR	RUS MD CP GR ETF	464287481	202	2,191	SH		SOLE		0	0	2,191
ISHARES TR	CORE S&P SCP ETF	464287804	283	2,514	SH		SOLE		0	0	2,514
ISHARES TR	1-3 YR CR BD ETF	464288646	415	3,939	SH		SOLE		0	0	3,939
JOHNSON & JOHNSON	COM	478160104	4,198	38,800	SH		SOLE		0	0	38,800
JPMORGAN CHASE & CO	COM	46625H100	4,644	78,388	SH		SOLE		0	0	78,388
JPMORGAN CHASE & CO	*W EXP 10/28/201	46634E114	2,542	143,685	SH		SOLE		40,760	0	102,925
KIMBERLY CLARK CORP	COM	494368103	1,165	8,658	SH		SOLE		0	0	8,658
KINDER MORGAN INC DEL	COM	49456b101	6,189	346,612	SH		SOLE		17,897	0	328,715
KINDER MORGAN INC DEL	PFD SER A	49456B200	252	5,580	SH		SOLE		0	0	5,580
KKR & CO L P DEL	COM UNITS	48248M102	3,585	243,827	SH		SOLE		55,032	0	188,795
KRAFT HEINZ CO	COM	500754106	795	10,118	SH		SOLE		0	0	10,118
LEGACY RESVS LP	UNIT LP INT	524707304	50	50,688	SH		SOLE		0	0	50,688
LEGG MASON INC	COM	524901105	2,422	69,900	SH		SOLE		16,145	0	53,755
LEGGETT & PLATT INC	COM	524660107	1,613	33,328	SH		SOLE		0	0	33,328
LIBERTY ALL STAR EQUITY FD	SH BEN INT	530158104	1,483	298,310	SH		SOLE		0	0	298,310
LINN ENERGY LLC	UNIT LTD LIAB	536020100	6	17,235	SH		SOLE		0	0	17,235
MACYS INC	COM	55616P104	286	6,495	SH		SOLE		6,340	0	155
MAGELLAN MIDSTREAM PRTNRS LP	COM UNIT RP LP	559080106	985	14,305	SH		SOLE		0	0	14,305
MCCORMICK & CO INC	COM NON VTG	579780206	5,608	56,373	SH		SOLE		0	0	56,373
MCDONALDS CORP	COM	580135101	506	4,018	SH		SOLE		0	0	4,018
MEAD JOHNSON NUTRITION CO	COM	582839106	2,620	30,825	SH		SOLE		6,220	0	24,605
MEDICAL PPTYS TRUST INC	COM	58463j304	12,806	986,630	SH		SOLE		0	0	986,630
MERCK & CO INC NEW	COM	58933Y105	539	10,180	SH		SOLE		0	0	10,180
MGIC INVT CORP WIS	COM	552848103	2,237	291,660	SH		SOLE		61,615	0	230,045
MICROSOFT CORP	COM	594918104	9,369	169,711	SH		SOLE		19,727	0	149,984
MYLAN N V	SHS EURO	N59465109	3,476	75,020	SH		SOLE		18,735	0	56,285
NCR CORP NEW	COM	62886E108	3,667	122,460	SH		SOLE		23,978	0	98,482
NEUBERGER BERMAN RE ES SEC F	COM	64190A103	303	59,570	SH		SOLE		26,370	0	33,200
NEW GOLD INC CDA	COM	644535106	120	32,270	SH		SOLE		0	0	32,270
NEWMONT MINING CORP	COM	651639106	776	29,211	SH		SOLE		0	0	29,211
NUSTAR ENERGY LP	UNIT COM	67058h102	389	9,623	SH		SOLE		0	0	9,623
NUVEEN AMT-FREE MUN INCOME F	COM	670657105	10,075	708,986	SH		SOLE		0	0	708,986
NUVEEN BUILD AMER BD FD	COM	67074c103	2,945	136,422	SH		SOLE		0	0	136,422
NUVEEN BUILD AMER BD OPPTNY	COM	67074q102	4,397	204,337	SH		SOLE		0	0	204,337
NUVEEN CR STRATEGIES INCM FD	COM SHS	67073d102	1,535	194,053	SH		SOLE		0	0	194,053
NUVEEN FLTNG RTE INCM OPP FD	COM SHS	6706en100	599	60,555	SH		SOLE		0	0	60,555
NUVEEN INVT QUALITY MUN FD I	COM	67062e103	206	12,890	SH		SOLE		0	0	12,890
NUVEEN MUN ADVANTAGE FD INC	COM	67062h106	168	11,719	SH		SOLE		0	0	11,719
NUVEEN MUN OPPORTUNITY FD IN	COM	670984103	620	42,106	SH		SOLE		0	0	42,106
NUVEEN N C PREM INCOME MUN F	COM	67060p100	512	37,160	SH		SOLE		0	0	37,160
NUVEEN PERFORMANCE PLUS MUN	COM	67062p108	2,615	166,694	SH		SOLE		0	0	166,694
NUVEEN PFD INCOME OPPRTNY FD	COM	67073b106	1,253	133,875	SH		SOLE		0	0	133,875
NUVEEN PREM INCOME MUN FD	COM	67062t100	6,772	464,800	SH		SOLE		0	0	464,800
NUVEEN PREM INCOME MUN FD 2	COM	67063w102	7,778	528,419	SH		SOLE		0	0	528,419
NUVEEN PREM INCOME MUN FD 4	COM	6706k4105	153	10,936	SH		SOLE		0	0	10,936
NUVEEN PREMIER MUN INCOME FD	COM	670988104	1,998	141,472	SH		SOLE		0	0	141,472
NUVEEN QUALITY INCOME MUN FD	COM	670977107	1,248	84,808	SH		SOLE		0	0	84,808
NUVEEN QUALITY MUN FD INC	COM	67062n103	3,080	216,282	SH		SOLE		0	0	216,282
NUVEEN QUALITY PFD INC FD 3	COM	67072w101	2,101	245,131	SH		SOLE		0	0	245,131
NUVEEN REAL ESTATE INCOME FD	COM	67071B108	1,286	118,600	SH		SOLE		0	0	118,600
NUVEEN SELECT QUALITY MUN FD	COM	670973106	2,524	172,173	SH		SOLE		0	0	172,173
NUVEEN VA PREM INCOME MUN FD	COM	67064r102	269	18,585	SH		SOLE		0	0	18,585
OMEGA HEALTHCARE INVS INC	COM	681936100	14,834	420,221	SH		SOLE		0	0	420,221
ONEOK PARTNERS LP	UNIT LTD PARTN	68268n103	2,791	88,886	SH		SOLE		0	0	88,886
ORACLE CORP	COM	68389x105	233	5,684	SH		SOLE		0	0	5,684
PACIFIC COAST OIL TR	UNIT BEN INT	694103102	21	13,780	SH		SOLE		0	0	13,780
PAN AMERICAN SILVER CORP	COM	697900108	156	14,370	SH		SOLE		0	0	14,370
PEMBINA PIPELINE CORP	COM	706327103	1,959	72,715	SH		SOLE		39,030	0	33,685
PENNANTPARK INVT CORP	COM	708062104	218	35,900	SH		SOLE		0	0	35,900
PEPSICO INC	COM	713448108	1,220	11,912	SH		SOLE		0	0	11,912
PETROLEO BRASILEIRO SA PETRO	SPONSORED ADR	71654v408	58	10,000	SH		SOLE		0	0	10,000
PFIZER INC	COM	717081103	11,841	399,815	SH		SOLE		50,010	0	349,805
PHILLIPS 66	COM	718546104	718	8,293	SH		SOLE		0	0	8,293
PLAINS ALL AMERN PIPELINE L	UNIT LTD PARTN	726503105	5,264	251,030	SH		SOLE		0	0	251,030
POPULAR INC	COM NEW	733174700	5,677	198,660	SH		SOLE		47,913	0	150,747
POTASH CORP SASK INC	COM	73755l107	902	53,000	SH		SOLE		0	0	53,000
POWERSHARES ETF TR II	PFD PORTFOLIO	73936t565	386	25,900	SH		SOLE		0	0	25,900
POWERSHARES ETF TRUST II	CEF INC COMPST	73936q843	996	46,145	SH		SOLE		0	0	46,145
POWERSHARES QQQ TRUST	UNIT SER 1	73935a104	811	7,430	SH		SOLE		0	0	7,430
PROCTER & GAMBLE CO	COM	742718109	2,542	30,899	SH		SOLE		0	0	30,899
PROSHARES TR	S&P 500 DV ARIST	74348A467	554	10,585	SH		SOLE		0	0	10,585
PROSPERITY BANCSHARES INC	COM	743606105	326	7,019	SH		SOLE		0	0	7,019
REPUBLIC SVCS INC	COM	760759100	319	6,715	SH		SOLE		0	0	6,715
ROYAL DUTCH SHELL PLC	SPONS ADR A	780259206	468	9,679	SH		SOLE		0	0	9,679
RYDEX ETF TRUST	GUG S&P500 EQ WT	78355W106	8,717	111,001	SH		SOLE		0	0	111,001
RYDEX ETF TRUST	GUG S&P500EQWTEN	78355W866	927	19,150	SH		SOLE		0	0	19,150
SCHLUMBERGER LTD	COM	806857108	4,128	55,970	SH		SOLE		0	0	55,970
SCRIPPS NETWORKS INTERACT IN	CL A COM	811065101	4,032	61,570	SH		SOLE		14,885	0	46,685
SINCLAIR BROADCAST GROUP INC	CL A	829226109	4,207	136,720	SH		SOLE		37,635	0	99,085
SPDR GOLD TRUST	GOLD SHS	78463v107	1,011	8,590	SH		SOLE		0	0	8,590
SPDR S&P 500 ETF TR	TR UNIT	78462f103	1,159	5,640	SH		SOLE		0	0	5,640
SPROTT PHYSICAL GOLD TRUST	UNIT	85207H104	400	39,500	SH		SOLE		0	0	39,500
SPROTT PHYSICAL SILVER TR	TR UNIT	85207K107	175	28,200	SH		SOLE		0	0	28,200
STARBUCKS CORP	COM	855244109	3,659	61,295	SH		SOLE		0	0	61,295
STARWOOD PPTY TR INC	COM	85571b105	451	23,845	SH		SOLE		0	0	23,845
STARWOOD PPTY TR INC	NOTE 4.550% 3/0	85571BAA3	580	580	SH		SOLE		120	0	460
STONECASTLE FINL CORP	COM	861780104	2,504	144,683	SH		SOLE		0	0	144,683
STONEMOR PARTNERS L P	COM UNITS	86183Q100	206	8,400	SH		SOLE		0	0	8,400
SUNTRUST BKS INC	COM	867914103	297	8,260	SH		SOLE		0	0	8,260
SUPER MICRO COMPUTER INC	COM	86800U104	257	7,520	SH		SOLE		0	0	7,520
SYSCO CORP	COM	871829107	454	9,700	SH		SOLE		0	0	9,700
TALLGRASS ENERGY GP LP	SHS CL A	874696107	2,495	135,000	SH		SOLE		0	0	135,000
TALLGRASS ENERGY PARTNERS LP	COM UNIT	874697105	27,581	719,755	SH		SOLE		0	0	719,755
TARGET CORP	COM	87612e106	1,290	15,680	SH		SOLE		0	0	15,680
TC PIPELINES LP	UT COM LTD PRT	87233q108	608	12,600	SH		SOLE		0	0	12,600
TEXAS CAPITAL BANCSHARES INC	COM	88224q107	844	22,000	SH		SOLE		0	0	22,000
THE ADT CORPORATION	COM	00101J106	5,496	133,220	SH		SOLE		38,528	0	94,692
TOLL BROTHERS INC	COM	889478103	2,402	81,400	SH		SOLE		0	0	81,400
TORONTO DOMINION BK ONT	COM NEW	891160509	1,407	32,638	SH		SOLE		0	0	32,638
TORTOISE MLP FD INC	COM	89148b101	14,362	878,964	SH		SOLE		0	0	878,964
TOWERSTREAM CORP	COM	892000100	20	168,210	SH		SOLE		0	0	168,210
TRANSCANADA CORP	COM	89353D107	1,403	35,685	SH		SOLE		12,365	0	23,320
TRIBUNE MEDIA CO	CL A	896047503	5,378	140,430	SH		SOLE		37,325	0	103,105
TRISTATE CAP HLDGS INC	COM	89678f100	248	19,688	SH		SOLE		0	0	19,688
UNILEVER PLC	SPON ADR NEW	904767704	534	11,835	SH		SOLE		0	0	11,835
UNION PAC CORP	COM	907818108	255	3,200	SH		SOLE		0	0	3,200
UNITED TECHNOLOGIES CORP	COM	913017109	1,127	11,260	SH		SOLE		0	0	11,260
UNITED THERAPEUTICS CORP DEL	COM	91307C102	3,940	35,395	SH		SOLE		4,680	0	30,715
VALERO ENERGY CORP NEW	COM	91913y100	478	7,455	SH		SOLE		0	0	7,455
VANGUARD INDEX FDS	MID CAP ETF	922908629	461	3,800	SH		SOLE		0	0	3,800
VANGUARD INDEX FDS	SMALL CP ETF	922908751	608	5,450	SH		SOLE		0	0	5,450
VANGUARD INDEX FDS	TOTAL STK MKT	922908769	824	7,860	SH		SOLE		0	0	7,860
VANGUARD WORLD FD	MEGA GRWTH IND	921910816	432	5,200	SH		SOLE		0	0	5,200
VENTAS INC	COM	92276f100	2,574	40,879	SH		SOLE		0	0	40,879
VERIZON COMMUNICATIONS INC	COM	92343v104	5,263	97,386	SH		SOLE		9,892	0	87,494
VIACOM INC NEW	CL B	92553P201	3,152	76,440	SH		SOLE		23,475	0	52,965
VISA INC	COM CL A	92826C839	3,459	45,225	SH		SOLE		0	0	45,225
VODAFONE GROUP PLC NEW	SPNSR ADR NO PAR	92857W308	530	16,521	SH		SOLE		0	0	16,521
WASTE MGMT INC DEL	COM	94106L109	467	7,923	SH		SOLE		0	0	7,923
WELLS FARGO & CO NEW	COM	949746101	1,424	29,439	SH		SOLE		300	0	29,139
WESTERN ASSET HIGH INCM OPP	COM	95766k109	277	59,120	SH		SOLE		0	0	59,120
WESTERN UN CO	COM	959802109	3,161	163,860	SH		SOLE		0	0	163,860
WESTPAC BKG CORP	SPONSORED ADR	961214301	6,506	279,578	SH		SOLE		57,647	0	221,931
WEYERHAEUSER CO	COM	962166104	4,348	140,384	SH		SOLE		0	0	140,384
WILLIAMS PARTNERS L P NEW	COM UNIT LTD PAR	96949l105	2,871	140,380	SH		SOLE		0	0	140,380
XEROX CORP	COM	984121103	2,174	194,825	SH		SOLE		0	0	194,825
XL GROUP PLC	SHS	g98290102	224	6,091	SH		SOLE		0	0	6,091
ZIX CORP	COM	98974p100	102	26,000	SH		SOLE		0	0	26,000
ZOETIS INC	CL A	98978V103	4,041	91,039	SH		SOLE		22,548	0	68,491