The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete. | |||||||||||||||||||||
| UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 13F FORM 13F INFORMATION TABLE |
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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 | 301 | 2,000 | SH | DFND | 0 | 0 | 2,000 | ||
| ABBVIE INC | COM | 00287Y109 | 385 | 6,500 | SH | DFND | 0 | 0 | 6,500 | ||
| ADECOAGRO S A | COM | L00849106 | 4,706 | 382,876 | SH | DFND | 0 | 0 | 382,876 | ||
| ADECOAGRO S A | COM | L00849106 | 34,750 | 2,827,509 | SH | SOLE | 2,827,509 | 0 | 0 | ||
| ADECOAGRO S A | COM | L00849106 | 2,064 | 259,300 | SH | Call | SOLE | 259,300 | 0 | 0 | |
| AFLAC INC | COM | 001055102 | 387 | 6,467 | SH | DFND | 0 | 0 | 6,467 | ||
| ALBEMARLE CORP | COM | 012653101 | 225 | 4,000 | SH | DFND | 0 | 0 | 4,000 | ||
| ALLERGAN PLC | SHS | G0177J108 | 388 | 1,241 | SH | DFND | 0 | 0 | 1,241 | ||
| ALTRIA GROUP INC | COM | 02209S103 | 324 | 5,508 | SH | DFND | 0 | 0 | 5,508 | ||
| ANHEUSER BUSCH INBEV SA/NV | SPONSORED ADR | 03524A108 | 253 | 2,020 | SH | DFND | 0 | 0 | 2,020 | ||
| APPLE INC | COM | 037833100 | 1,234 | 11,727 | SH | DFND | 0 | 0 | 11,727 | ||
| ARCOS DORADOS HOLDINGS INC | SHS CLASS -A - | G0457F107 | 2,013 | 647,425 | SH | SOLE | 647,425 | 0 | 0 | ||
| ARCOS DORADOS HOLDINGS INC | SHS CLASS -A - | G0457F107 | 646 | 207,800 | SH | Call | SOLE | 207,800 | 0 | 0 | |
| BANCO MACRO SA | SPON ADR B | 05961W105 | 2 | 33 | SH | DFND | 0 | 0 | 33 | ||
| BANCO MACRO SA | SPON ADR B | 05961W105 | 12,682 | 218,209 | SH | SOLE | 218,209 | 0 | 0 | ||
| BBVA BANCO FRANCES S A | SPONSORED ADR | 07329M100 | 8,781 | 460,205 | SH | SOLE | 460,205 | 0 | 0 | ||
| BIOGEN INC | COM | 09062X103 | 207 | 676 | SH | DFND | 0 | 0 | 676 | ||
| BROOKFIELD ASSET MGMT INC | CL A LTD VT SH | 112585104 | 284 | 9,000 | SH | DFND | 0 | 0 | 9,000 | ||
| CENTRAIS ELETRICAS BRASILEIR | SPONSORED ADR | 15234Q207 | 82 | 60,000 | SH | SOLE | 60,000 | 0 | 0 | ||
| COCA COLA CO | COM | 191216100 | 352 | 8,200 | SH | DFND | 0 | 0 | 8,200 | ||
| COMPANHIA PARANAENSE ENERG C | SPON ADR PFD | 20441B407 | 65 | 11,100 | SH | SOLE | 11,100 | 0 | 0 | ||
| CPFL ENERGIA S A | SPONSORED ADR | 126153105 | 84 | 11,300 | SH | SOLE | 11,300 | 0 | 0 | ||
| CRESUD S A C I F Y A | SPONSORED ADR | 226406106 | 6,404 | 496,445 | SH | SOLE | 496,445 | 0 | 0 | ||
| DANAHER CORP DEL | COM | 235851102 | 232 | 2,500 | SH | DFND | 0 | 0 | 2,500 | ||
| DISNEY WALT CO | COM DISNEY | 254687106 | 529 | 5,000 | SH | DFND | 0 | 0 | 5,000 | ||
| ECO STIM ENERGY SOLUTIONS IN | COM | 27888D101 | 7,364 | 2,352,694 | SH | SOLE | 2,352,694 | 0 | 0 | ||
| EMERSON ELEC CO | COM | 291011104 | 292 | 6,115 | SH | DFND | 0 | 0 | 6,115 | ||
| EMPRESA DIST Y COMERCIAL NOR | SPON ADR | 29244A102 | 5,540 | 316,017 | SH | SOLE | 316,017 | 0 | 0 | ||
| EMPRESA DIST Y COMERCIAL NOR | SPON ADR | 29244A102 | 2 | 107 | SH | DFND | 0 | 0 | 107 | ||
| EXTREME NETWORKS INC | COM | 30226D106 | 41 | 10,000 | SH | DFND | 0 | 0 | 10,000 | ||
| GENERAL MLS INC | COM | 370334104 | 261 | 4,530 | SH | DFND | 0 | 0 | 4,530 | ||
| GEOPARK LTD | USD SHS | G38327105 | 2,375 | 879,497 | SH | SOLE | 879,497 | 0 | 0 | ||
| GLAXOSMITHKLINE PLC | SPONSORED ADR | 37733W105 | 293 | 7,168 | SH | DFND | 0 | 0 | 7,168 | ||
| GLOBALSTAR INC | COM | 378973408 | 68 | 47,468 | SH | DFND | 0 | 0 | 47,468 | ||
| GRUPO FINANCIERO GALICIA S A | SP ADR 10 SH B | 399909100 | 2,333 | 86,162 | SH | DFND | 0 | 0 | 86,162 | ||
| GRUPO FINANCIERO GALICIA S A | SP ADR 10 SH B | 399909100 | 18,944 | 699,551 | SH | SOLE | 699,551 | 0 | 0 | ||
| HOME DEPOT INC | COM | 437076102 | 331 | 2,500 | SH | DFND | 0 | 0 | 2,500 | ||
| INTEL CORP | COM | 458140100 | 396 | 11,500 | SH | DFND | 0 | 0 | 11,500 | ||
| IRSA INVERSIONES Y REP S A | GLOBL DEP RCPT | 450047204 | 106 | 8,650 | SH | DFND | 0 | 0 | 8,650 | ||
| IRSA INVERSIONES Y REP S A | GLOBL DEP RCPT | 450047204 | 6,634 | 539,340 | SH | SOLE | 539,340 | 0 | 0 | ||
| ISHARES | MSCI BRZ CAP ETF | 464286400 | 5,448 | 263,423 | SH | DFND | 0 | 0 | 263,423 | ||
| ISHARES | MSCI GERMANY ETF | 464286806 | 9,739 | 371,850 | SH | DFND | 0 | 0 | 371,850 | ||
| ISHARES | MSCI BRZ CAP ETF | 464286400 | 465 | 22,500 | SH | SOLE | 22,500 | 0 | 0 | ||
| ISHARES | MSCI GERMANY ETF | 464286806 | 123 | 4,700 | SH | SOLE | 4,700 | 0 | 0 | ||
| JOHNSON & JOHNSON | COM | 478160104 | 413 | 4,025 | SH | DFND | 0 | 0 | 4,025 | ||
| LOCKHEED MARTIN CORP | COM | 539830109 | 347 | 1,600 | SH | DFND | 0 | 0 | 1,600 | ||
| MARKET VECTORS ETF TR | AGRIBUS ETF | 57060U605 | 209 | 4,500 | SH | DFND | 0 | 0 | 4,500 | ||
| MARKET VECTORS ETF TR | VIETNAM ETF | 57060U761 | 188 | 12,700 | SH | SOLE | 12,700 | 0 | 0 | ||
| MCDONALDS CORP | COM | 580135101 | 354 | 3,000 | SH | DFND | 0 | 0 | 3,000 | ||
| MID-AMER APT CMNTYS INC | COM | 59522J103 | 511 | 5,623 | SH | DFND | 0 | 0 | 5,623 | ||
| NIKE INC | CL B | 654106103 | 251 | 4,000 | SH | DFND | 0 | 0 | 4,000 | ||
| NORFOLK SOUTHERN CORP | COM | 655844108 | 768 | 9,075 | SH | DFND | 0 | 0 | 9,075 | ||
| PAMPA ENERGIA S A | SPONS ADR LVL I | 697660207 | 5,306 | 258,220 | SH | DFND | 0 | 0 | 258,220 | ||
| PAMPA ENERGIA S A | SPONS ADR LVL I | 697660207 | 32,984 | 1,605,080 | SH | SOLE | 1,605,080 | 0 | 0 | ||
| PAN AMERICAN SILVER CORP | COM | 697900108 | 1,397 | 214,900 | SH | SOLE | 214,900 | 0 | 0 | ||
| PETROBRAS ARGENTINA S A | SPONS ADR | 71646J109 | 2,065 | 372,717 | SH | DFND | 0 | 0 | 372,717 | ||
| PETROBRAS ARGENTINA S A | SPONS ADR | 71646J109 | 16,492 | 2,976,934 | SH | SOLE | 2,976,934 | 0 | 0 | ||
| PETROLEO BRASILEIRO SA PETRO | SPONSORED ADR | 71654V408 | 387 | 90,000 | SH | Call | SOLE | 90,000 | 0 | 0 | |
| PETROLEO BRASILEIRO SA PETRO | SPONSORED ADR | 71654V408 | 245 | 57,000 | SH | SOLE | 57,000 | 0 | 0 | ||
| PHILIP MORRIS INTL INC | COM | 718172109 | 275 | 3,095 | SH | DFND | 0 | 0 | 3,095 | ||
| POWERSHARES ETF TRUST | INTL DIV ACHV | 73935X716 | 346 | 25,451 | SH | DFND | 0 | 0 | 25,451 | ||
| PROCTER & GAMBLE CO | COM | 742718109 | 611 | 7,700 | SH | DFND | 0 | 0 | 7,700 | ||
| PROSHARES TR | PSHS LC COR PLUS | 74347R248 | 286 | 5,800 | SH | DFND | 0 | 0 | 5,800 | ||
| Q2 HLDGS INC | COM | 74736L109 | 209 | 7,910 | SH | DFND | 0 | 0 | 7,910 | ||
| QUANTUM CORP | COM DSSG | 747906204 | 30 | 32,460 | SH | DFND | 0 | 0 | 32,460 | ||
| QUINSTREET INC | COM | 74874Q100 | 58 | 13,525 | SH | DFND | 0 | 0 | 13,525 | ||
| RAYTHEON CO | COM NEW | 755111507 | 294 | 2,363 | SH | DFND | 0 | 0 | 2,363 | ||
| REGIONS FINL CORP NEW | COM | 7591EP100 | 219 | 22,802 | SH | DFND | 0 | 0 | 22,802 | ||
| SCHLUMBERGER LTD | COM | 806857108 | 211 | 3,000 | SH | DFND | 0 | 0 | 3,000 | ||
| SOUTHERN CO | COM | 842587107 | 305 | 6,513 | SH | DFND | 0 | 0 | 6,513 | ||
| SPDR INDEX SHS FDS | EURO STOXX 50 | 78463X202 | 281 | 8,150 | SH | SOLE | 8,150 | 0 | 0 | ||
| STERICYCLE INC | COM | 858912108 | 241 | 2,000 | SH | DFND | 0 | 0 | 2,000 | ||
| TELECOM ARGENTINA S A | SPON ADR REP B | 879273209 | 1,404 | 87,361 | SH | DFND | 0 | 0 | 87,361 | ||
| TELECOM ARGENTINA S A | SPON ADR REP B | 879273209 | 19,227 | 1,196,432 | SH | SOLE | 1,196,432 | 0 | 0 | ||
| TERNIUM SA | SPON ADR | 880890108 | 717 | 57,700 | SH | DFND | 0 | 0 | 57,700 | ||
| TERNIUM SA | SPON ADR | 880890108 | 4,066 | 327,149 | SH | SOLE | 327,149 | 0 | 0 | ||
| TERNIUM SA | SPON ADR | 880890108 | 2,486 | 200,000 | SH | Call | SOLE | 200,000 | 0 | 0 | |
| TESLA MTRS INC | COM | 88160R101 | 553 | 2,302 | SH | DFND | 0 | 0 | 2,302 | ||
| TORCHMARK CORP | COM | 891027104 | 5,871 | 102,708 | SH | DFND | 0 | 0 | 102,708 | ||
| TRANSPORTADORA DE GAS SUR | SPON ADR B | 893870204 | 14 | 2,229 | SH | DFND | 0 | 0 | 2,229 | ||
| TRANSPORTADORA DE GAS SUR | SPON ADR B | 893870204 | 24,913 | 4,090,826 | SH | SOLE | 4,090,826 | 0 | 0 | ||
| UNITEDHEALTH GROUP INC | COM | 91324P102 | 297 | 2,521 | SH | DFND | 0 | 0 | 2,521 | ||
| VANGUARD SPECIALIZED PORTFOL | DIV APP ETF | 921908844 | 405 | 5,204 | SH | DFND | 0 | 0 | 5,204 | ||
| WALGREENS BOOTS ALLIANCE INC | COM | 931427108 | 341 | 4,000 | SH | DFND | 0 | 0 | 4,000 | ||
| WASTE MGMT INC DEL | COM | 94106L109 | 267 | 5,000 | SH | DFND | 0 | 0 | 5,000 | ||
| WISDOMTREE TR | INDIA ERNGS FD | 97717W422 | 258 | 13,000 | SH | SOLE | 13,000 | 0 | 0 | ||
| YPF SOCIEDAD ANONIMA | SPON ADR CL D | 984245100 | 2,795 | 177,778 | SH | DFND | 0 | 0 | 177,778 | ||
| YPF SOCIEDAD ANONIMA | SPON ADR CL D | 984245100 | 8,866 | 564,000 | SH | Call | SOLE | 564,000 | 0 | 0 | |
| YPF SOCIEDAD ANONIMA | SPON ADR CL D | 984245100 | 8,635 | 549,310 | SH | SOLE | 549,310 | 0 | 0 | ||