Vivaldi Capital 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
ALLIANCE CALIF MUN INCOME FD	Equity	018546101	190	14,011	SH		SOLE		14,011	0	0
AMAZON COM INC	Equity	023135106	589	294	SH		SOLE		294	0	0
APPLE INC	Equity	037833100	1,944	8,610	SH		SOLE		8,610	0	0
BERKSHIRE HATHAWAY INC DEL	Equity	084670108	320	1	SH		SOLE		1	0	0
BERKSHIRE HATHAWAY INC DEL	Equity	084670702	895	4,179	SH		SOLE		4,179	0	0
CHEVRON CORP NEW	Equity	166764100	508	4,158	SH		SOLE		4,157	0	0
COBIZ FINANCIAL INC	Equity	190897108	238	10,729	SH		SOLE		10,729	0	0
CONVERGYS CORP	Equity	212485106	299	12,588	SH		SOLE		12,588	0	0
DBX ETF TR	Equity	233051200	308	9,525	SH		SOLE		9,525	0	0
DISNEY WALT CO	Equity	254687106	306	2,615	SH		SOLE		2,615	0	0
FOREST CITY RLTY TR INC	Equity	345605109	1,036	41,274	SH		SOLE		41,274	0	0
GENERAL ELECTRIC CO	Equity	369604103	332	29,439	SH		SOLE		29,439	0	0
GILEAD SCIENCES INC	Equity	375558103	218	2,826	SH		SOLE		2,826	0	0
GRAMERCY PPTY TR	Equity	385002308	824	30,043	SH		SOLE		30,043	0	0
HOME DEPOT INC	Equity	437076102	387	1,869	SH		SOLE		1,868	0	0
HONEYWELL INTL INC	Equity	438516106	223	1,342	SH		SOLE		1,342	0	0
INTEL CORP	Equity	458140100	430	9,091	SH		SOLE		9,091	0	0
ISHARES TR	Equity	464287168	2,463	24,694	SH		SOLE		24,694	0	0
ISHARES TR	Equity	464287200	5,761	19,681	SH		SOLE		19,680	0	0
ISHARES TR	Equity	464287226	578	5,475	SH		SOLE		5,474	0	0
ISHARES TR	Equity	464287465	970	14,274	SH		SOLE		14,273	0	0
ISHARES TR	Equity	464287499	651	2,952	SH		SOLE		2,952	0	0
ISHARES TR	Equity	464287507	290	1,442	SH		SOLE		1,442	0	0
ISHARES TR	Equity	464287598	244	1,929	SH		SOLE		1,929	0	0
ISHARES TR	Equity	464287622	212	1,314	SH		SOLE		1,313	0	0
ISHARES TR	Equity	464287655	2,578	15,293	SH		SOLE		15,293	0	0
ISHARES TR	Equity	464287721	369	1,902	SH		SOLE		1,902	0	0
ISHARES TR	Equity	464287804	518	5,934	SH		SOLE		5,934	0	0
ISHARES TR	Equity	464288448	559	17,133	SH		SOLE		17,133	0	0
ISHARES TR	Equity	464288570	321	3,007	SH		SOLE		3,007	0	0
JOHNSON & JOHNSON	Equity	478160104	490	3,547	SH		SOLE		3,547	0	0
KMG CHEMICALS INC	Equity	482564101	113	1,499	SH		SOLE		1,499	0	0
LASALLE HOTEL PPTYS	Equity	517942108	942	27,235	SH		SOLE		27,235	0	0
MICROSOFT CORP	Equity	594918104	397	3,468	SH		SOLE		3,468	0	0
NUVEEN AMT FREE QLTY MUN INC	Equity	670657105	2,471	195,187	SH		SOLE		195,186	0	0
PEPSICO INC	Equity	713448108	304	2,719	SH		SOLE		2,719	0	0
PFIZER INC	Equity	717081103	322	7,310	SH		SOLE		7,310	0	0
PHILIP MORRIS INTL INC	Equity	718172109	208	2,550	SH		SOLE		2,550	0	0
PIONEER MUN HIGH INCOME TR	Equity	723763108	1,446	130,010	SH		SOLE		130,009	0	0
RAYTHEON CO	Equity	755111507	227	1,099	SH		SOLE		1,099	0	0
ROCKWELL COLLINS INC	Equity	774341101	2,233	15,895	SH		SOLE		15,895	0	0
SCHWAB STRATEGIC TR	Equity	808524201	1,545	22,208	SH		SOLE		22,207	0	0
SCHWAB STRATEGIC TR	Equity	808524508	921	15,921	SH		SOLE		15,921	0	0
SCHWAB STRATEGIC TR	Equity	808524607	1,127	14,800	SH		SOLE		14,800	0	0
SCHWAB STRATEGIC TR	Equity	808524706	1,077	41,874	SH		SOLE		41,874	0	0
SCHWAB STRATEGIC TR	Equity	808524805	896	26,731	SH		SOLE		26,730	0	0
TEMPLETON GLOBAL INCOME FD	Equity	880198106	1,238	202,334	SH		SOLE		202,334	0	0
US BANCORP DEL	Equity	902973304	400	7,566	SH		SOLE		7,566	0	0
VANGUARD GROUP	Equity	921908844	213	1,927	SH		SOLE		1,926	0	0
VANGUARD BD INDEX FD INC	Equity	921937835	263	3,345	SH		SOLE		3,344	0	0
VANGUARD TAX MANAGED INTL FD	Equity	921943858	4,488	103,723	SH		SOLE		103,723	0	0
VANGUARD WHITEHALL FDS INC	Equity	921946406	292	3,351	SH		SOLE		3,351	0	0
VANGUARD INTL EQUITY INDEX F	Equity	922042858	3,064	74,731	SH		SOLE		74,730	0	0
VANGUARD INTL EQUITY INDEX F	Equity	922042866	498	6,998	SH		SOLE		6,997	0	0
VANGUARD INTL EQUITY INDEX F	Equity	922042874	368	6,553	SH		SOLE		6,553	0	0
VANGUARD INDEX FDS	Equity	922908363	1,211	4,536	SH		SOLE		4,536	0	0
VANGUARD INDEX FDS	Equity	922908629	4,509	27,461	SH		SOLE		27,461	0	0
VANGUARD INDEX FDS	Equity	922908751	3,896	23,964	SH		SOLE		23,964	0	0
VANGUARD INDEX FDS	Equity	922908769	8,250	55,128	SH		SOLE		55,127	0	0
DUN & BRADSTREET CORP DEL NE	Equity	26483E100	267	1,875	SH		SOLE		1,875	0	0
BLACKROCK CALIF MUN INCOME T	Equity	09248E102	323	26,132	SH		SOLE		26,131	0	0
EVENTBRITE INC	Equity	29975E109	256	6,750	SH		SOLE		6,750	0	0
AT&T INC	Equity	00206R102	442	13,167	SH		SOLE		13,167	0	0
ACORDA THERAPEUTICS INC	Equity	00484MAA4	13	15,000	SH		SOLE		15,000	0	0
AETNA INC NEW	Equity	00817Y108	2,021	9,965	SH		SOLE		9,965	0	0
ALLIANCEBERNSTEIN NATL MUNI	Equity	01864U106	2,682	216,470	SH		SOLE		216,469	0	0
ALLIANCEBERNSTEIN GBL HGH IN	Equity	01879R106	1,252	107,435	SH		SOLE		107,434	0	0
ALPHABET INC	Equity	02079K305	320	265	SH		SOLE		265	0	0
AMTRUST FINL SVCS INC	Equity	032359AG6	14	15,000	SH		SOLE		15,000	0	0
B RILEY FINL INC	Equity	05580M108	5,663	250,000	SH		OTR		0	0	250,000
BLACKROCK MUNI INTER DR FD I	Equity	09253X102	749	57,281	SH		SOLE		57,281	0	0
BLACKROCK MUNIHLDNGS CALI QL	Equity	09254L107	334	26,603	SH		SOLE		26,603	0	0
CBOE GLOBAL MARKETS INC	Equity	12503M108	1,247	13,000	SH		SOLE		13,000	0	0
CA INC	Equity	12673P105	1,035	23,452	SH		SOLE		23,452	0	0
CISCO SYS INC	Equity	17275R102	387	7,949	SH		SOLE		7,949	0	0
COMCAST CORP NEW	Equity	20030N101	286	8,068	SH		SOLE		8,068	0	0
DTF TAX-FREE INCOME INC	Equity	23334J107	1,657	128,951	SH		SOLE		128,951	0	0
DELL TECHNOLOGIES INC	Equity	24703L103	226	2,323	SH		SOLE		2,323	0	0
DREYFUS MUN BD INFRSTRCTR FD	Equity	26203D101	774	62,311	SH		SOLE		62,310	0	0
EATON VANCE CA MUNI INCOME T	Equity	27826F101	171	15,188	SH		SOLE		15,187	0	0
EATON VANCE MUN BD FD	Equity	27827X101	979	84,890	SH		SOLE		84,890	0	0
EATON VANCE CALIF MUN BD FD	Equity	27828A100	314	31,571	SH		SOLE		31,571	0	0
EATON VANCE CALIF MUN BD FD	Equity	27828C106	110	10,777	SH		SOLE		10,776	0	0
EATON VANCE TAX ADV BD OPT S	Equity	27829M103	155	17,591	SH		SOLE		17,590	0	0
ECHO GLOBAL LOGISTICS INC	Equity	27875TAA9	21	20,000	SH		SOLE		20,000	0	0
EDITAS MEDICINE INC	Equity	28106W103	336	10,570	SH		SOLE		10,570	0	0
ENERGEN CORP	Equity	29265N108	1,354	15,715	SH		SOLE		15,715	0	0
EXANTAS CAP CORP	Equity	30068N105	185	16,807	SH		SOLE		16,807	0	0
EXPRESS SCRIPTS HLDG CO	Equity	30219G108	217	2,288	SH		SOLE		2,288	0	0
EXXON MOBIL CORP	Equity	30231G102	236	2,772	SH		SOLE		2,771	0	0
FACEBOOK INC	Equity	30303M102	440	2,673	SH		SOLE		2,673	0	0
GAMING & LEISURE PPTYS INC	Equity	36467J108	571	16,195	SH		SOLE		16,195	0	0
GOGO INC	Equity	38046CAB5	14	15,000	SH		SOLE		15,000	0	0
HOUGHTON MIFFLIN HARCOURT CO	Equity	44157R109	98	14,064	SH		SOLE		14,064	0	0
INVESCO SR INCOME TR	Equity	46131H107	2,674	621,848	SH		SOLE		621,848	0	0
INVESCO MUN TR	Equity	46131J103	988	85,652	SH		SOLE		85,651	0	0
INVESCO CALIF VALUE MUN INC	Equity	46132H106	358	30,582	SH		SOLE		30,581	0	0
INVESCO VALUE MUN INCOME TR	Equity	46132P108	2,115	152,783	SH		SOLE		152,783	0	0
INVESCO QUALITY MUNI INC TRS	Equity	46133G107	740	63,946	SH		SOLE		63,946	0	0
ISHARES S&P GSCI COMMODITY I	Equity	46428R107	453	25,000	SH		SOLE		25,000	0	0
ISHARES INC	Equity	46434G103	351	6,769	SH		SOLE		6,769	0	0
ISHARES TR	Equity	46435G672	461	8,810	SH		SOLE		8,810	0	0
JPMORGAN CHASE & CO	Equity	46625H100	243	2,155	SH		SOLE		2,155	0	0
K2M GROUP HLDGS INC	Equity	48273J107	443	16,170	SH		SOLE		16,170	0	0
KB HOME	Equity	48666KAS8	20	20,000	SH		SOLE		20,000	0	0
MACQUARIE INFRASTRUCTURE COR	Equity	55608BAA3	15	15,000	SH		SOLE		15,000	0	0
MERCK & CO INC	Equity	58933Y105	273	3,854	SH		SOLE		3,854	0	0
NATIONAL HEALTH INVS INC	Equity	63633DAE4	23	20,000	SH		SOLE		20,000	0	0
NEUBERGER BERMAN HGH YLD FD	Equity	64128C106	1,230	112,366	SH		SOLE		112,365	0	0
NUVEEN SELECT TAX FREE INCM	Equity	67062F100	506	36,387	SH		SOLE		36,386	0	0
NUVEEN SELECT TAX FREE INCM	Equity	67063C106	255	19,123	SH		SOLE		19,123	0	0
NUVEEN SELECT TAX FREE INCM	Equity	67063X100	458	32,730	SH		SOLE		32,730	0	0
NVIDIA CORP	Equity	67066G104	573	2,040	SH		SOLE		2,040	0	0
NUVEEN QUALITY MUNCP INCOME	Equity	67066V101	1,161	90,764	SH		SOLE		90,764	0	0
PGIM SHORT DURATION HIGH YIE	Equity	69346H100	2,402	169,906	SH		SOLE		169,905	0	0
PGIM GLOBAL SHORT DURATION H	Equity	69346J106	1,294	93,298	SH		SOLE		93,297	0	0
PINNACLE FOODS INC DEL	Equity	72348P104	2,061	31,805	SH		SOLE		31,805	0	0
PINNACLE ENTMT INC NEW	Equity	72348Y105	757	22,461	SH		SOLE		22,461	0	0
POTBELLY CORP	Equity	73754Y100	183	14,841	SH		SOLE		14,841	0	0
RPM INTL INC	Equity	749685AT0	18	15,000	SH		SOLE		15,000	0	0
SPDR S&P 500 ETF TR	Equity	78462F103	1,489	5,122	SH		SOLE		5,121	0	0
SPDR GOLD TRUST	Equity	78463V107	610	5,412	SH		SOLE		5,412	0	0
SPDR INDEX SHS FDS	Equity	78463X509	1,449	41,612	SH		SOLE		41,612	0	0
SPDR INDEX SHS FDS	Equity	78463X889	1,501	48,781	SH		SOLE		48,781	0	0
SPDR SERIES TRUST	Equity	78464A417	321	8,914	SH		SOLE		8,914	0	0
SPDR SERIES TRUST	Equity	78464A847	2,499	69,132	SH		SOLE		69,132	0	0
SPDR SERIES TRUST	Equity	78464A854	3,672	107,772	SH		SOLE		107,772	0	0
SPDR DOW JONES INDL AVRG ETF	Equity	78467X109	338	1,280	SH		SOLE		1,279	0	0
SPDR SER TR	Equity	78468R853	2,780	83,635	SH		SOLE		83,635	0	0
SEACOR HOLDINGS INC	Equity	811904AM3	10	10,000	SH		SOLE		10,000	0	0
SPECTRA ENERGY PARTNERS LP	Equity	84756N109	865	24,236	SH		SOLE		24,236	0	0
TWENTY FIRST CENTY FOX INC	Equity	90130A101	1,427	30,800	SH		SOLE		30,800	0	0
VANGUARD SCOTTSDALE FDS	Equity	92206C409	346	4,428	SH		SOLE		4,428	0	0
VECTREN CORP	Equity	92240G101	485	6,784	SH		SOLE		6,784	0	0
VECTOR GROUP LTD	Equity	92240MBC1	21	20,000	SH		SOLE		20,000	0	0
VERIZON COMMUNICATIONS INC	Equity	92343V104	363	6,808	SH		SOLE		6,807	0	0
VERINT SYS INC	Equity	92343XAA8	21	20,000	SH		SOLE		20,000	0	0
VIVALDI OPPORTUNITIES FD	Equity	92853C207	51,529	3,474,628	SH		OTR		0	0	3,269,957
WESTERN ASSET HIGH INCM FD I	Equity	95766J102	1,173	185,089	SH		SOLE		185,089	0	0
WESTERN ASSET HIGH INCM OPP	Equity	95766K109	1,247	261,931	SH		SOLE		261,930	0	0
WESTERN ASSET MUN HI INCM FD	Equity	95766N103	252	35,610	SH		SOLE		35,609	0	0
WISDOMTREE TR	Equity	97717W315	306	7,000	SH		SOLE		7,000	0	0
WILLIS TOWERS WATSON PUB LTD	Equity	G96629103	246	1,744	SH		SOLE		1,744	0	0
CRISPR THERAPEUTICS AG	Equity	H17182108	222	5,006	SH		SOLE		5,006	0	0
SODASTREAM INTERNATIONAL LTD	Equity	M9068E105	827	5,779	SH		SOLE		5,779	0	0
VIVALDI OPPORTUNITIES FD	Equity	92853C207	3,035	204,671	SH		DFND		0	204,671	0