Sphinx Trading 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
ACCEL ENTERTAINMENT INC	COM CL A1	00436Q106	2,604	200,000	SH		SOLE		200,000	0	0
ACV AUCTIONS INC	COM CL A	00091G104	565	30,000	SH		SOLE		30,000	0	0
AEROJET ROCKETDYNE HLDGS INC	COM	007800105	47	1,000	SH		SOLE		1,000	0	0
AFRICAN GOLD ACQUISITION COR	SHS CL A	G0112R108	3,099	320,094	SH		SOLE		320,094	0	0
AFRICAN GOLD ACQUISITION COR	*W EXP 03/31/202	G0112R124	540	1,098,000	SH		SOLE		1,098,000	0	0
ALIBABA GROUP HLDG LTD	SPONSORED ADS	01609W102	12	100	SH		SOLE		100	0	0
ALPHABET INC	CAP STK CL A	02079K305	6	2	SH		SOLE		2	0	0
ALTENERGY ACQUISITION CORP	UNIT 10/29/2026	02157M207	2,523	250,025	SH		SOLE		250,025	0	0
AMAZON COM INC	COM	023135106	30	9	SH		SOLE		9	0	0
AMERICAN NATIONAL GROUP INC	COM NEW	02772A109	76	400	SH		SOLE		400	0	0
ANGEL OAK FINL STRATEGIES IN	COM BEN INT	03464A100	21,161	1,240,375	SH		SOLE		1,240,375	0	0
ANNALY CAPITAL MANAGEMENT IN	COM	035710409	0	1	SH		SOLE		1	0	0
APOLLO COML REAL EST FIN INC	COM	03762U105	40	3,002	SH		SOLE		3,002	0	0
ARENA PHARMACEUTICALS INC	COM NEW	040047607	139	1,500	SH		SOLE		1,500	0	0
ASPEN TECHNOLOGY INC	COM	045327103	76	500	SH		SOLE		500	0	0
ATHENE HOLDING LTD	CL A	G0684D107	500	6,000	SH		SOLE		6,000	0	0
ATLANTIC CAP BANCSHARES INC	COM	048269203	437	15,200	SH		SOLE		15,200	0	0
ATOTECH LTD	COM	G0625A105	256	10,012	SH		SOLE		10,012	0	0
AWARE INC MASS	COM	05453N100	22	7,000	SH		SOLE		7,000	0	0
B RILEY PRIN 250 MERGER CORP	UNIT 04/06/2026	05602L203	3,462	350,000	SH		SOLE		350,000	0	0
B RILEY PRINCIPAL 150 MERGER	*W EXP 03/01/202	05601V111	32	21,767	SH		SOLE		21,767	0	0
B. RILEY FINANCIAL INC	COM	05580M108	444	5,000	SH		SOLE		5,000	0	0
BABCOCK & WILCOX ENTERPRISES	COM	05614L209	5,418	600,698	SH		SOLE		600,698	0	0
BK OF AMERICA CORP	COM	060505104	44	1,000	SH		SOLE		1,000	0	0
BOTTOMLINE TECH DEL INC	COM	101388106	226	4,000	SH		SOLE		4,000	0	0
BRIGHTCOVE INC	COM	10921T101	5	500	SH		SOLE		500	0	0
BRYN MAWR BK CORP	COM	117665109	260	5,786	SH		SOLE		5,786	0	0
CASPER SLEEP INC	COM	147626105	100	15,000	SH		SOLE		15,000	0	0
CECO ENVIRONMENTAL CORP	COM	125141101	42	6,790	SH		SOLE		6,790	0	0
CERNER CORP	COM	156782104	93	1,000	SH		SOLE		1,000	0	0
CHANGE HEALTHCARE INC	COM	15912K100	43	2,000	SH	Call	SOLE		0	0	0
CHANGE HEALTHCARE INC	COM	15912K100	62	2,900	SH	Put	SOLE		0	0	0
CHANGE HEALTHCARE INC	COM	15912K100	111	5,200	SH		SOLE		5,200	0	0
CINER RESOURCES LP	COM UNIT LTD	172464109	1,650	100,000	SH		SOLE		100,000	0	0
CIRCOR INTL INC	COM	17273K109	204	7,500	SH		SOLE		7,500	0	0
CIT GROUP INC	COM NEW	125581801	513	10,000	SH		SOLE		10,000	0	0
COCA COLA CO	COM	191216100	0	8	SH		SOLE		8	0	0
COHERENT INC	COM	192479103	267	1,000	SH	Put	SOLE		0	0	0
COHERENT INC	COM	192479103	267	1,000	SH		SOLE		1,000	0	0
COMPOSECURE INC	*W EXP 12/27/202	20459V113	130	85,050	SH		SOLE		85,050	0	0
COREPOINT LODGING INC	COM	21872L104	79	5,000	SH		SOLE		5,000	0	0
COWEN INC	CL A NEW	223622606	14	374	SH		SOLE		374	0	0
CRYPTO 1 ACQUISITION CORP	UNIT 04/30/2028	G3168A128	7,525	745,000	SH		SOLE		745,000	0	0
CYRUSONE INC	COM	23283R100	135	1,500	SH		SOLE		1,500	0	0
DEL TACO RESTAURANTS INC NEW	COM	245496104	187	15,000	SH		SOLE		15,000	0	0
DESKTOP METAL INC	COM CL A	25058X105	22	4,504	SH		SOLE		4,504	0	0
DIRTT ENVIRONMENTAL SOLUTION	COM	25490H106	360	165,000	SH		SOLE		165,000	0	0
DONNELLEY R R & SONS CO	COM	257867200	0	400	SH	Call	SOLE		0	0	0
DOUBLELINE INCOME SOLUTIONS	COM	258622109	32	2,000	SH		SOLE		2,000	0	0
DOUYU INTL HLDGS LTD	SPONSORED ADS	25985W105	8	3,064	SH		SOLE		3,064	0	0
EASTERN CO	COM	276317104	376	15,000	SH		SOLE		15,000	0	0
EDIFY ACQUISITION CORP	CL A	28059Q103	2,668	273,114	SH		SOLE		273,114	0	0
EDIFY ACQUISITION CORP	*W EXP 11/25/202	28059Q111	127	248,350	SH		SOLE		248,350	0	0
EDIFY ACQUISITION CORP	UNIT 11/25/2025	28059Q202	2,212	221,417	SH		SOLE		221,417	0	0
ENTEGRIS INC	COM	29362U104	42	300	SH		SOLE		300	0	0
ETFIS SER TR I	VIRTUS INFRCAP	26923G822	15	600	SH		SOLE		600	0	0
EVO ACQUISITION CORP	UNIT 99/99/9999	30052G207	1,540	155,208	SH		SOLE		155,208	0	0
FERRO CORP	COM	315405100	65	3,000	SH		SOLE		3,000	0	0
FERROGLOBE PLC	SHS	G33856108	621	100,000	SH		SOLE		100,000	0	0
FIRST MIDWEST BANCORP DEL	COM	320867104	761	37,137	SH		SOLE		37,137	0	0
FLAGSTAR BANCORP INC	COM PAR .001	337930705	360	7,500	SH		SOLE		7,500	0	0
FORTERRA INC	COM	34960W106	71	3,000	SH		SOLE		3,000	0	0
FORTRESS TRANS INFRST INVS L	COM REP LTD LIAB	34960P101	1,365	47,200	SH		SOLE		47,200	0	0
GALATA ACQUISITION CORP	SHS CL A	G3R23A108	2,795	288,735	SH		SOLE		288,735	0	0
GALATA ACQUISITION CORP	*W EXP 99/99/999	G3R23A116	188	400,000	SH		SOLE		400,000	0	0
GCP APPLIED TECHNOLOGIES INC	COM	36164Y101	127	4,000	SH		SOLE		4,000	0	0
GENERAL MTRS CO	COM	37045V100	0	1,200	SH	Call	SOLE		0	0	0
GOODYEAR TIRE & RUBR CO	COM	382550101	2	91	SH		SOLE		91	0	0
GRAB HOLDINGS LIMITED	CLASS A ORD	G4124C109	7	1,000	SH		SOLE		1,000	0	0
GRANITE PT MTG TR INC	COM STK	38741L107	23	2,000	SH		SOLE		2,000	0	0
GREAT ELM GROUP INC	COM NEW	39037G109	2	769	SH		SOLE		769	0	0
GREAT WESTERN BANCORP INC	COM	391416104	357	10,500	SH		SOLE		10,500	0	0
GREEN PLAINS INC	COM	393222104	3,824	110,000	SH		SOLE		110,000	0	0
GREENIDGE GENERATION HLDGS I	CLASS A COM	39531G100	0	17	SH		SOLE		17	0	0
GREENSKY INC	CL A	39572G100	341	30,000	SH		SOLE		30,000	0	0
HEALTHCARE SERVICES ACQU COR	*W EXP 99/99/999	42227K112	85	164,132	SH		SOLE		164,132	0	0
IHS MARKIT LTD	SHS	G47567105	532	4,000	SH		SOLE		4,000	0	0
IHS MARKIT LTD	SHS	G47567105	532	4,000	SH	Put	SOLE		0	0	0
INTERNATIONAL BUSINESS MACHS	COM	459200101	27	200	SH		SOLE		200	0	0
INTERSECT ENT INC	COM	46071F103	191	7,000	SH		SOLE		7,000	0	0
INVESTORS BANCORP INC NEW	COM	46146L101	303	20,000	SH		SOLE		20,000	0	0
ISHARES SILVER TR	ISHARES	46428Q109	301	14,000	SH		SOLE		14,000	0	0
ITERIS INC NEW	COM	46564T107	11	2,708	SH		SOLE		2,708	0	0
KIMBALL INTL INC	CL B	494274103	409	40,000	SH		SOLE		40,000	0	0
KIRKLAND LAKE GOLD LTD	COM	49741E100	210	5,000	SH		SOLE		5,000	0	0
KYNDRYL HLDGS INC	COMMON STOCK	50155Q100	1	40	SH		SOLE		40	0	0
LARGO INC	COM	517097101	19	2,000	SH		SOLE		2,000	0	0
LUMOS PHARMA INC	COM	55028X109	2	277	SH		SOLE		277	0	0
MACONDRAY CAP ACQUISITN CORP	UNIT 05/31/2028	G5853A123	1,497	150,000	SH		SOLE		150,000	0	0
MAGNITE INC	COM	55955D100	875	50,000	SH		SOLE		50,000	0	0
MCAFEE CORP	COM CL A	579063108	103	4,000	SH		SOLE		4,000	0	0
META MATERIALS INC	COM	59134N104	22	8,800	SH		SOLE		8,800	0	0
MGM GROWTH PPTYS LLC	CL A COM	55303A105	229	5,600	SH		SOLE		5,600	0	0
MIMECAST LTD	ORD SHS	G14838109	80	1,000	SH		SOLE		1,000	0	0
MONMOUTH REAL ESTATE INVT CO	CL A	609720107	210	10,000	SH		SOLE		10,000	0	0
MOUNTAIN CREST ACQSTN CORP I	UNIT 99/99/9999	62402U206	690	70,000	SH		SOLE		70,000	0	0
NEOPHOTONICS CORP	COM	64051T100	92	6,000	SH		SOLE		6,000	0	0
NET 1 UEPS TECHNOLOGIES INC	COM NEW	64107N206	16	3,101	SH		SOLE		3,101	0	0
NETGEAR INC	COM	64111Q104	1	36	SH		SOLE		36	0	0
NEXTNAV INC	*W EXP 10/28/202	65345N114	246	145,274	SH		SOLE		145,274	0	0
NORTHERN TECHNOLOGIES INTL C	COM	665809109	130	8,501	SH		SOLE		8,501	0	0
NUANCE COMMUNICATIONS INC	COM	67020Y100	205	3,700	SH		SOLE		3,700	0	0
NUVEEN ENHANCED MUN VALUE FD	COM	67074M101	23	1,500	SH		SOLE		1,500	0	0
OCCIDENTAL PETE CORP	*W EXP 08/03/202	674599162	1	87	SH		SOLE		87	0	0
ORION ENGINEERED CARBONS S A	COM	L72967109	5,834	317,744	SH		SOLE		317,744	0	0
OTONOMO TECHNOLOGIES LTD	*W EXP 08/13/202	M7571L111	23	71,141	SH		SOLE		71,141	0	0
OVINTIV INC	COM	69047Q102	40	1,200	SH		SOLE		1,200	0	0
OVINTIV INC	COM	69047Q102	40	1,200	SH	Put	SOLE		0	0	0
PAE INC	COM CL A	69290Y109	99	10,000	SH		SOLE		10,000	0	0
PARABELLUM ACQUISITION CORP	UNIT 99/99/9999	69901P208	1,064	104,868	SH		SOLE		104,868	0	0
PENNANTPARK FLOATING RATE CA	COM	70806A106	13	1,000	SH		SOLE		1,000	0	0
PHILLIPS 66 PARTNERS LP	COM UNIT REP INT	718549207	216	6,000	SH		SOLE		6,000	0	0
PIMCO INCOME STRATEGY FD II	COM	72201J104	76	8,000	SH		SOLE		8,000	0	0
PNM RES INC	COM	69349H107	91	2,000	SH		SOLE		2,000	0	0
PNM RES INC	COM	69349H107	18	400	SH	Put	SOLE		0	0	0
PROSHARES TR	PSHS ULTSH 20YRS	74347B201	44	2,625	SH		SOLE		2,625	0	0
QUANTUM CORP	COM NEW	747906501	119	21,499	SH		SOLE		21,499	0	0
QUANTUM FINTECH ACQUISTIN CO	*W EXP 01/30/202	74767A113	133	260,814	SH		SOLE		260,814	0	0
QUANTUM FINTECH ACQUISTIN CO	COMMON STOCK	74767A105	1,629	164,723	SH		SOLE		164,723	0	0
QUIDEL CORP	COM	74838J101	135	1,000	SH		SOLE		1,000	0	0
QUOTIENT TECHNOLOGY INC	COM	749119103	30	4,000	SH		SOLE		4,000	0	0
REDBOX ENTERTAINMENT INC	*W EXP 12/15/202	75724T111	859	825,636	SH		SOLE		825,636	0	0
RICE ACQUISITION CORP II	UNIT 99/99/9999	G75529118	526	50,000	SH		SOLE		50,000	0	0
ROGERS CORP	COM	775133101	137	500	SH		SOLE		500	0	0
SEAPORT GLOBAL ACQUISITION I	UNIT 11/17/2026	81221H204	2,513	250,000	SH		SOLE		250,000	0	0
SIERRA METALS INC	COM	82639W106	419	308,204	SH		SOLE		308,204	0	0
SIERRA WIRELESS INC	COM	826516106	1	36	SH		SOLE		36	0	0
SIGNATURE BK NEW YORK N Y	COM	82669G104	65	200	SH		SOLE		200	0	0
SPDR S&P 500 ETF TR	TR UNIT	78462F103	285	600	SH		SOLE		600	0	0
SPX FLOW INC	COM	78469X107	182	2,100	SH		SOLE		2,100	0	0
STARWOOD PPTY TR INC	COM	85571B105	24	1,000	SH		SOLE		1,000	0	0
STATE AUTO FINL CORP	COM	855707105	103	2,000	SH		SOLE		2,000	0	0
STATE AUTO FINL CORP	COM	855707105	103	2,000	SH	Put	SOLE		0	0	0
STERLING BANCORP DEL	COM	85917A100	253	9,799	SH		SOLE		9,799	0	0
SURMODICS INC	COM	868873100	39	800	SH		SOLE		800	0	0
TEEKAY LNG PARTNERS L P	PRTNRSP UNITS	Y8564M105	204	12,071	SH		SOLE		12,071	0	0
TILRAY INC	COM CL 2	88688T100	14	2,000	SH		SOLE		2,000	0	0
TRISTATE CAP HLDGS INC	COM	89678F100	327	10,800	SH		SOLE		10,800	0	0
UMPQUA HLDGS CORP	COM	904214103	342	17,800	SH		SOLE		17,800	0	0
UNISYS CORP	COM NEW	909214306	2,057	100,000	SH		SOLE		100,000	0	0
UNIVERSAL TECHNICAL INST INC	COM	913915104	8	1,000	SH		SOLE		1,000	0	0
VEONEER INC	COM	92336X109	142	4,000	SH		SOLE		4,000	0	0
VEONEER INC	COM	92336X109	21	600	SH	Put	SOLE		0	0	0
VONAGE HLDGS CORP	COM	92886T201	208	10,000	SH		SOLE		10,000	0	0
WABTEC	COM	929740108	1	16	SH		SOLE		16	0	0
WELBILT INC	COM	949090104	190	8,000	SH		SOLE		8,000	0	0
XENCOR INC	COM	98401F105	336	8,382	SH		SOLE		8,382	0	0
XERIS BIOPHARMA HOLDINGS INC	COM	98422E103	4	1,404	SH		SOLE		1,404	0	0
XILINX INC	COM	983919101	106	500	SH		SOLE		500	0	0
XILINX INC	COM	983919101	106	500	SH	Put	SOLE		0	0	0
YELLOW CORP	COM	985510106	1	53	SH		SOLE		53	0	0
ZILLOW GROUP INC	CL A	98954M101	25	400	SH		SOLE		400	0	0