CTC Alternative Strategies 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
ACCO BRANDS CORP	COM	00081T108	148,512	22,100	SH		SOLE		22,100	0	0
HUDSON CITY BANCORP INC	COM	443683107	178,227	18,900	SH		SOLE		18,900	0	0
NII HOLDINGS INC	COM	62913F201	149,325	54,300	SH		SOLE		54,300	0	0
ATLANTIC POWER CORP	COM	04878Q863	149,640	43,000	SH		SOLE		43,000	0	0
DOUBLELINE INCOME SOLUTIONS	ETF	258622109	415,473	19,700	SH		SOLE		19,700	0	0
INVESCO TRUST FOR INVESTMEN	ETF	46131M106	191,713	15,740	SH		SOLE		15,740	0	0
WELLS FARGO & CO	COM	949746101	372,280	8,200	SH		SOLE		8,200	0	0
BANK OF AMERICA CORP	COM	060505104	420,390	27,000	SH		SOLE		27,000	0	0
BLACK HILLS CORP	COM	092113109	336,064	6,400	SH		SOLE		6,400	0	0
VALMONT INDUSTRIES	COM	920253101	581,568	3,900	SH		SOLE		3,900	0	0
HUNTINGTON BANCSHARES INC	COM	446150104	132,205	13,700	SH		SOLE		13,700	0	0
IXIA	COM	45071R109	145,079	10,900	SH		SOLE		10,900	0	0
JOY GLOBAL INC	COM	481165108	713,578	12,200	SH		SOLE		12,200	0	0
EZCORP INC-CL A	COM	302301106	148,463	12,700	SH		SOLE		12,700	0	0
UNITED TECHNOLOGIES CORP	COM	913017109	1,206,280	10,600	SH		SOLE		10,600	0	0
COMERICA INC-CW18	WTS	200340115	3,512,820	184,400	SH		SOLE		184,400	0	0
ARCH COAL INC	COM	039380100	142,845	32,100	SH		SOLE		32,100	0	0
SPDR S&P 500 ETF TRUST	ETF	78462F103	43,712,059	236,678	SH		SOLE		236,678	0	0
SPDR S&P 500 ETF TRUST	ETF	78462F103	235,170	871	SH	Call	SOLE		871	0	0
SPDR S&P 500 ETF TRUST	ETF	78462F103	692,310	2,713	SH	Call	SOLE		2,713	0	0
SPDR S&P 500 ETF TRUST	ETF	78462F103	880,560	500	SH	Call	SOLE		500	0	0
SPDR S&P 500 ETF TRUST	ETF	78462F103	1,176,060	1,000	SH	Call	SOLE		1,000	0	0
SPDR S&P 500 ETF TRUST	ETF	78462F103	1,522,560	1,500	SH	Call	SOLE		1,500	0	0
SPDR S&P 500 ETF TRUST	ETF	78462F103	1,769,668	3,032	SH	Call	SOLE		3,032	0	0
SPDR S&P 500 ETF TRUST	ETF	78462F103	3,603,162	2,522	SH	Call	SOLE		2,522	0	0
SPDR S&P 500 ETF TRUST	ETF	78462F103	3,651,695	859	SH	Put	SOLE		859	0	0
SPDR S&P 500 ETF TRUST	ETF	78462F103	4,604,025	1,749	SH	Call	SOLE		1,749	0	0
SPDR S&P 500 ETF TRUST	ETF	78462F103	5,657,590	1,671	SH	Call	SOLE		1,671	0	0
SPDR S&P 500 ETF TRUST	ETF	78462F103	6,058,034	3,351	SH	Call	SOLE		3,351	0	0
HEALTH MGMT ASSOCIATES INC-A	COM	421933102	149,340	11,400	SH		SOLE		11,400	0	0
JPMORGAN CHASE & CO	COM	46625H100	304,096	5,200	SH		SOLE		5,200	0	0
FUSION-IO INC	COM	36112J107	164,835	18,500	SH		SOLE		18,500	0	0
GAMCO NATURAL RESOURCES GOLD	ETF	36465E101	206,261	20,585	SH		SOLE		20,585	0	0
COHEN & STEERS LIMITED DURAT	ETF	19248C105	302,203	13,360	SH		SOLE		13,360	0	0
PNC FINANCIAL SERVICES-CW18	WTS	693475121	3,295,713	185,674	SH		SOLE		185,674	0	0
CAMPUS CREST COMMUNITIES INC	COM	13466Y105	143,973	15,300	SH		SOLE		15,300	0	0
SEARS HOLDINGS CORP	COM	812350106	328,568	6,700	SH		SOLE		6,700	0	0
CAMDEN PROPERTY TRUST	COM	133131102	574,488	10,100	SH		SOLE		10,100	0	0
NEUBERGER BERMAN MLP INCOME	ETF	64129H104	619,661	32,460	SH		SOLE		32,460	0	0
DIGITAL REALTY TRUST INC	COM	253868103	648,384	13,200	SH		SOLE		13,200	0	0
MOLYCORP INC	COM	608753109	161,856	28,800	SH		SOLE		28,800	0	0
CATERPILLAR INC	COM	149123101	1,575,553	17,350	SH		SOLE		17,350	0	0
INTL BUSINESS MACHINES CORP	COM	459200101	600,224	3,200	SH		SOLE		3,200	0	0
CAMELOT INFORMATION SYS-ADS	COM	13322V105	41,000	20,500	SH		SOLE		20,500	0	0
FLAHERTY & CRUMRINE DYNAMIC	ETF	33848W106	201,604	9,820	SH		SOLE		9,820	0	0
ALLERGAN INC	COM	018490102	677,588	6,100	SH		SOLE		6,100	0	0
ISHARES US REAL ESTATE ETF	ETF	464287739	490	245	SH	Call	SOLE		245	0	0
BROWN & BROWN INC	COM	115236101	690,580	22,000	SH		SOLE		22,000	0	0
NUANCE COMMUNICATIONS INC	COM	67020Y100	603,440	39,700	SH		SOLE		39,700	0	0
WALTER ENERGY INC	COM	93317Q105	171,289	10,300	SH		SOLE		10,300	0	0
BLACKROCK MUNICIPAL TARGET	ETF	09257P105	1,205,333	70,405	SH		SOLE		70,405	0	0
DENTSPLY INTERNATIONAL INC	COM	249030107	412,080	8,500	SH		SOLE		8,500	0	0
COEUR MINING INC	COM	192108504	148,645	13,700	SH		SOLE		13,700	0	0
CHIMERA INVESTMENT CORP	COM	16934Q109	868,000	280,000	SH		SOLE		280,000	0	0
GIANT INTERACTIVE GROUP-ADR	COM	374511103	115,772	10,300	SH		SOLE		10,300	0	0
HCP INC	COM	40414L109	1,223,984	33,700	SH		SOLE		33,700	0	0
DENDREON CORP	COM	24823Q107	31,395	10,500	SH		SOLE		10,500	0	0
CREDIT SUISSE ASSET MGMT INC	ETF	224916106	49,501	13,905	SH		SOLE		13,905	0	0
NEWMONT MINING CORP	COM	651639106	598,780	26,000	SH		SOLE		26,000	0	0
NUVEEN MORTGAGE OPPORTUNITY	ETF	670735109	410,040	17,720	SH		SOLE		17,720	0	0
ABRAXAS PETROLEUM CORP	COM	003830106	95,873	29,400	SH		SOLE		29,400	0	0
INVESCO AD MIT II	ETF	46132E103	190,622	18,120	SH		SOLE		18,120	0	0
TCF FINANCIAL CORP-CW18	WTS	872275128	475,860	144,200	SH		SOLE		144,200	0	0
ANWORTH MORTGAGE ASSET CORP	COM	037347101	141,456	33,600	SH		SOLE		33,600	0	0
CAPITAL ONE FINANCIAL C-CW18	WTS	14040H139	886,000	25,000	SH		SOLE		25,000	0	0
URBAN OUTFITTERS INC	COM	917047102	597,310	16,100	SH		SOLE		16,100	0	0
DWS MULTI-MARKET INCOME TRUS	ETF	23338L108	150,474	16,025	SH		SOLE		16,025	0	0
H.B. FULLER CO.	COM	359694106	270,608	5,200	SH		SOLE		5,200	0	0
ING EMERGING MARKETS HIGH DI	ETF	45685X104	215,377	18,330	SH		SOLE		18,330	0	0
AMKOR TECHNOLOGY INC	COM	031652100	91,950	15,000	SH		SOLE		15,000	0	0
STR HOLDINGS INC	COM	78478V100	18,683	11,900	SH		SOLE		11,900	0	0
CITIGROUP INC	COM	172967424	369,981	7,100	SH		SOLE		7,100	0	0
ANNALY CAPITAL MANAGEMENT IN	COM	035710409	575,269	57,700	SH		SOLE		57,700	0	0
AMERICAN AIRLINES GROUP INC	COM	02376R102	75,750	3,000	SH		SOLE		3,000	0	0
AMERICAN AIRLINES GROUP INC	COM	02376R102	206,960	398	SH	Put	SOLE		398	0	0
AMERICAN AIRLINES GROUP INC	COM	02376R102	208,460	300	SH	Call	SOLE		300	0	0
MFS INTERMEDIATE INC TRUST	ETF	55273C107	68,376	13,200	SH		SOLE		13,200	0	0
CARNIVAL CORP	COM	143658300	634,686	15,800	SH		SOLE		15,800	0	0
DIAMOND OFFSHORE DRILLING	COM	25271C102	580,584	10,200	SH		SOLE		10,200	0	0
WESTERN ASSET EMERGING MARKE	ETF	95766E103	190,150	16,060	SH		SOLE		16,060	0	0
MARKET VECTORS GOLD MINERS	ETF	57060U100	1,901,700	90,000	SH		SOLE		90,000	0	0
MARKET VECTORS GOLD MINERS	ETF	57060U100	185,600	1,600	SH	Call	SOLE		1,600	0	0
MARKET VECTORS GOLD MINERS	ETF	57060U100	186,347	9	SH	Call	SOLE		9	0	0
EXPEDIA INC	COM	30212P303	613,008	8,800	SH		SOLE		8,800	0	0
RPM INTERNATIONAL INC	COM	749685103	394,345	9,500	SH		SOLE		9,500	0	0
RITE AID CORP	COM	767754104	91,080	18,000	SH		SOLE		18,000	0	0
HALCON RESOURCES CORP	COM	40537Q209	137,933	35,734	SH		SOLE		35,734	0	0
ISHARES MSCI EMERGING MARKET	ETF	464287234	150,462	3,600	SH		SOLE		3,600	0	0
ISHARES MSCI EMERGING MARKET	ETF	464287234	98,750	500	SH	Call	SOLE		500	0	0
ISHARES MSCI EMERGING MARKET	ETF	464287234	99,362	36	SH	Put	SOLE		36	0	0
INVESCO MORTGAGE CAPITAL	COM	46131B100	220,200	15,000	SH		SOLE		15,000	0	0
NUVEEN INTERMEDIATE DURATION	ETF	670671106	723,345	62,845	SH		SOLE		62,845	0	0
SANOFI CVR	COM	80105N113	25,772	75,800	SH		SOLE		75,800	0	0
EATON VANCE FLOAT RT INC TR	ETF	278279104	395,722	25,915	SH		SOLE		25,915	0	0
SIRIUS XM HOLDINGS INC	COM	82968B103	95,975	27,500	SH		SOLE		27,500	0	0
WEST PHARMACEUTICAL SERVICES	COM	955306105	313,984	6,400	SH		SOLE		6,400	0	0
GAMING AND LEISURE PROPERTIE	COM	36467J108	421,723	8,300	SH		SOLE		8,300	0	0
GAMCO GLOBAL GOLD NATURAL RE	ETF	36465A109	260,678	28,900	SH		SOLE		28,900	0	0
MICROCHIP TECHNOLOGY INC	COM	595017104	510,150	11,400	SH		SOLE		11,400	0	0
SHANDA GAMES LTD-SPONS ADR	COM	81941U105	105,798	23,100	SH		SOLE		23,100	0	0
RF MICRO DEVICES INC	COM	749941100	84,624	16,400	SH		SOLE		16,400	0	0
PEOPLE'S UNITED FINANCIAL	COM	712704105	1,161,216	76,800	SH		SOLE		76,800	0	0
HECLA MINING CO	COM	422704106	158,620	51,500	SH		SOLE		51,500	0	0
OFFICE DEPOT INC	COM	676220106	175,628	33,200	SH		SOLE		33,200	0	0
COLE REAL ESTATE INVESTMENT	COM	19329V105	176,904	12,600	SH		SOLE		12,600	0	0
TWITTER INC	COM	901167106	254,600	4,000	SH		SOLE		4,000	0	0
GASTAR EXPLORATION INC	COM	36729W202	139,784	20,200	SH		SOLE		20,200	0	0
OLD REPUBLIC INTL CORP	COM	680223104	386,848	22,400	SH		SOLE		22,400	0	0
MICROSOFT CORP	COM	594918104	229,285	6,129	SH		SOLE		6,129	0	0
CENTURYLINK INC	COM	156700106	614,705	19,300	SH		SOLE		19,300	0	0
CYS INVESTMENTS INC	COM	12673A108	190,437	25,700	SH		SOLE		25,700	0	0
BLACKROCK MUNIHOLDINGS QU II	ETF	09254C107	152,092	12,580	SH		SOLE		12,580	0	0
EXELON CORP	COM	30161N101	566,973	20,700	SH		SOLE		20,700	0	0
SWIFT ENERGY CO	COM	870738101	137,700	10,200	SH		SOLE		10,200	0	0
PARKER DRILLING CO	COM	701081101	92,682	11,400	SH		SOLE		11,400	0	0
TERADATA CORP	COM	88076W103	650,507	14,300	SH		SOLE		14,300	0	0
NUVEEN FLOATING RT INC OPP	ETF	6706EN100	415,094	34,080	SH		SOLE		34,080	0	0
VALLEY NATIONAL BANCORP-CW18	WTS	919794131	41,876	76,000	SH		SOLE		76,000	0	0
RED HAT INC	COM	756577102	717,312	12,800	SH		SOLE		12,800	0	0
CULLEN/FROST BANKERS INC	COM	229899109	535,896	7,200	SH		SOLE		7,200	0	0
EXTREME NETWORKS INC	COM	30226D106	110,284	15,800	SH		SOLE		15,800	0	0
ISHARES MSCI BRAZIL CAPPED E	ETF	464286400	1,117,000	25,000	SH		SOLE		25,000	0	0
KEYCORP	COM	493267108	135,542	10,100	SH		SOLE		10,100	0	0
CBL & ASSOCIATES PROPERTIES	COM	124830100	528,024	29,400	SH		SOLE		29,400	0	0
EARTHLINK HOLDINGS CORP	COM	27033X101	139,397	27,500	SH		SOLE		27,500	0	0
WGL HOLDINGS INC	COM	92924F106	224,336	5,600	SH		SOLE		5,600	0	0
NEWS CORP - CLASS A	COM	65249B109	402,747	22,350	SH		SOLE		22,350	0	0
DR HORTON INC	COM	23331A109	680,760	30,500	SH		SOLE		30,500	0	0
ALPHA NATURAL RESOURCES INC	COM	02076X102	152,796	21,400	SH		SOLE		21,400	0	0
FIRST TRUST INTERMEDIATE DUR	ETF	33718W103	941,375	44,300	SH		SOLE		44,300	0	0
MURPHY OIL CORP	COM	626717102	201,128	3,100	SH		SOLE		3,100	0	0
SUPERVALU INC	COM	868536103	81,648	11,200	SH		SOLE		11,200	0	0
INTUITIVE SURGICAL INC	COM	46120E602	537,712	1,400	SH		SOLE		1,400	0	0
ISHARES NATIONAL AMT-FREE MU	ETF	464288414	715,183	6,894	SH		SOLE		6,894	0	0
FOSSIL GROUP INC	COM	34988V106	407,796	3,400	SH		SOLE		3,400	0	0
APTARGROUP INC	COM	038336103	454,327	6,700	SH		SOLE		6,700	0	0
BROOKFIELD MORTGAGE OPPORTUN	ETF	112792106	314,830	19,000	SH		SOLE		19,000	0	0
BIOSCRIP INC	COM	09069N108	139,120	18,800	SH		SOLE		18,800	0	0
MURPHY USA INC	COM	626755102	313,778	7,550	SH		SOLE		7,550	0	0
AMR CORP	COM	001765106	1,025,100	90,000	SH		SOLE		90,000	0	0
CITRIX SYSTEMS INC	COM	177376100	632,500	10,000	SH		SOLE		10,000	0	0
DILLARDS INC-CL A	COM	254067101	602,702	6,200	SH		SOLE		6,200	0	0
ARMOUR RESIDENTIAL REIT INC	COM	042315101	143,157	35,700	SH		SOLE		35,700	0	0
QUICKSILVER RESOURCES INC	COM	74837R104	33,770	11,000	SH		SOLE		11,000	0	0
YONGYE INTERNATIONAL INC	COM	98607B106	79,360	12,400	SH		SOLE		12,400	0	0
SOUTHERN COPPER CORP	COM	84265V105	631,620	22,000	SH		SOLE		22,000	0	0
COACH INC	COM	189754104	578,139	10,300	SH		SOLE		10,300	0	0
PENNYMAC MORTGAGE INVESTMENT	COM	70931T103	229,600	10,000	SH		SOLE		10,000	0	0
INFINITY PHARMACEUTICALS INC	COM	45665G303	150,529	10,900	SH		SOLE		10,900	0	0
INVESCO MUNICIPAL OPPORTUNI	ETF	46132C107	147,663	12,610	SH		SOLE		12,610	0	0
AEROPOSTALE INC	COM	007865108	169,983	18,700	SH		SOLE		18,700	0	0
EMULEX CORP	COM	292475209	109,548	15,300	SH		SOLE		15,300	0	0
DFC GLOBAL CORP	COM	23324T107	151,712	13,250	SH		SOLE		13,250	0	0