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
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
ADVANCED MICRO DEVICES INC NOTE 2.125% 9/0 007903BD8 8,756 5,000,000 PRN   SOLE   5,000,000 0 0
ALLEGHENY TECHNOLOGIES INC NOTE 4.750% 7/0 01741RAG7 56,421 39,611,000 PRN   SOLE   39,611,000 0 0
ALLY FINL INC COM 02005N100 1,449 69,350 SH   SOLE   69,350 0 0
ALTABA INC COM 021346101 384,567 7,058,872 SH   SOLE   7,058,872 0 0
AMBAC FINL GROUP INC COM NEW 023139884 4,417 254,572 SH   SOLE   254,572 0 0
AT&T INC PUT 00206R952 10,187 270,000 SH Put SOLE   270,000 0 0
BASIC ENERGY SVCS INC NEW COM NEW 06985P209 6,563 263,578 SH   SOLE   263,578 0 0
BLACKSTONE MTG TR INC NOTE 5.250%12/0 09257WAA8 16,552 14,300,000 PRN   SOLE   14,300,000 0 0
BONANZA CREEK ENERGY INC COM NEW 097793400 73,549 2,319,411 SH   SOLE   2,319,411 0 0
C&J ENERGY SVCS INC NEW COM 12674R100 86,845 2,534,142 SH   SOLE   2,534,142 0 0
CHIMERA INVT CORP PUT 16934Q958 18,630 1,000,000 SH Put SOLE   1,000,000 0 0
CITRIX SYS INC NOTE 0.500% 4/1 177376AD2 6,003 5,000,000 PRN   SOLE   5,000,000 0 0
CLIFFS NAT RES INC COM 18683K101 3,114 450,000 SH   SOLE   450,000 0 0
COBALT INTL ENERGY INC NOTE 2.625%12/0 19075FAA4 520 2,000,000 PRN   SOLE   2,000,000 0 0
COMMUNITY HEALTH SYS INC NEW COM 203668108 4,315 433,241 SH   SOLE   433,241 0 0
COMSTOCK RES INC NOTE 7.750% 4/0 205768AM6 7,434 9,653,923 PRN   SOLE   9,653,923 0 0
COMSTOCK RES INC NOTE 9.500% 6/1 205768AN4 3,919 5,156,479 PRN   SOLE   5,156,479 0 0
CONSTELLIUM NV CL A N22035104 1,198 173,552 SH   SOLE   173,552 0 0
CORENERGY INFRASTRUCTURE TR NOTE 7.000% 6/1 21870UAA4 17,123 15,348,000 PRN   SOLE   15,348,000 0 0
COWEN INC NOTE 3.000% 223622AB7 5,676 5,538,000 PRN   SOLE   5,538,000 0 0
CTRIP COM INTL LTD NOTE 1.250%10/1 22943FAD2 35,328 25,000,000 PRN   SOLE   25,000,000 0 0
DELL TECHNOLOGIES INC COM CL V 24703L103 24,384 399,025 SH   SOLE   399,025 0 0
DYNEGY INC NEW DEL COM 26817R108 1,637 198,000 SH   SOLE   198,000 0 0
ENCORE CAP GROUP INC NOTE 3.000% 7/0 292554AF9 18,148 17,000,000 PRN   SOLE   17,000,000 0 0
ENCORE CAP GROUP INC NOTE 3.000%11/2 292554AD4 4,338 3,376,000 PRN   SOLE   3,376,000 0 0
FIAT CHRYSLER AUTOMOBILES N CALL N31738902 1,435 135,000 SH Call SOLE   135,000 0 0
FORD MTR CO DEL PUT 345370950 8,057 720,000 SH Put SOLE   720,000 0 0
GENERAL MTRS CO CALL 37045V900 4,192 120,000 SH Call SOLE   120,000 0 0
GENERAL MTRS CO PUT 37045V950 16,766 480,000 SH Put SOLE   480,000 0 0
GNC HLDGS INC PUT 36191G957 4,215 500,000 SH Put SOLE   500,000 0 0
GOGO INC COM 38046C109 8,713 755,662 SH   SOLE   755,662 0 0
GOGO INC NOTE 3.750% 3/0 38046CAB5 11,789 13,000,000 PRN   SOLE   13,000,000 0 0
GSV CAP CORP NOTE 5.250% 9/1 36191JAB7 8,101 8,245,000 PRN   SOLE   8,245,000 0 0
HARMONIC INC NOTE 4.000%12/0 413160AB8 13,247 11,500,000 PRN   SOLE   11,500,000 0 0
HERTZ GLOBAL HLDGS INC COM 42806J106 796 69,253 SH   SOLE   69,253 0 0
HEWLETT PACKARD ENTERPRISE C COM 42824C109 7,080 426,750 SH   SOLE   426,750 0 0
IMMUNOGEN INC NOTE 4.500% 7/0 45253HAB7 14,625 8,000,000 PRN   SOLE   8,000,000 0 0
INVESCO MORTGAGE CAPITAL INC COM 46131B100 1,537 92,000 SH   SOLE   92,000 0 0
ISHARES TR CALL 464287905 32,600 500,000 SH Call SOLE   500,000 0 0
ISHARES TR PUT 464287955 70,460 500,000 SH Put SOLE   500,000 0 0
JAZZ US HLDGS INC NOTE 8.000%12/3 47216EAA8 26,711 11,049,000 PRN   SOLE   11,049,000 0 0
KEY ENERGY SVCS INC DEL COM 49309J103 13,360 694,398 SH   SOLE   694,398 0 0
LENDINGTREE INC NEW COM 52603B107 3,527 20,480 SH   SOLE   20,480 0 0
LEVEL 3 COMMUNICATIONS INC COM NEW 52729N308 5,049 85,150 SH   SOLE   85,150 0 0
LIBERTY MEDIA CORP DEB 4.000%11/1 530715AG6 16,202 24,182,000 PRN   SOLE   24,182,000 0 0
MCCLATCHY CO CL A NEW 579489303 467 50,000 SH   SOLE   50,000 0 0
MICROCHIP TECHNOLOGY INC NOTE 1.625% 2/1 595017AD6 15,232 10,125,000 PRN   SOLE   10,125,000 0 0
MTGE INVT CORP COM 55378A105 21,874 1,163,518 SH   SOLE   1,163,518 0 0
NABORS INDUSTRIES LTD SHS G6359F103 182 22,400 SH   SOLE   22,400 0 0
NETFLIX INC PUT 64110L956 7,471 50,000 SH Put SOLE   50,000 0 0
NEW RESIDENTIAL INVT CORP CALL 64828T901 15,560 1,000,000 SH Call SOLE   1,000,000 0 0
NEW RESIDENTIAL INVT CORP COM NEW 64828T201 12,894 828,668 SH   SOLE   828,668 0 0
NEW YORK MTG TR INC NOTE 6.250% 1/1 649604AD7 18,044 17,910,000 PRN   SOLE   17,910,000 0 0
NOVAVAX INC NOTE 3.750% 2/0 670002AB0 10,545 24,595,000 PRN   SOLE   24,595,000 0 0
NXP SEMICONDUCTORS N V COM N6596X109 52,939 483,685 SH   SOLE   483,685 0 0
OASIS PETE INC NEW COM 674215108 166 20,559 SH   SOLE   20,559 0 0
PAR PACIFIC HOLDINGS INC COM NEW 69888T207 122,153 6,771,243 SH   SOLE   6,771,243 0 0
PDL BIOPHARMA INC NOTE 2.750%12/0 69329YAG9 22,663 25,181,000 PRN   SOLE   25,181,000 0 0
PENNEY J C INC COM 708160106 717 154,288 SH   SOLE   154,288 0 0
POWERSHARES QQQ TRUST PUT 73935A954 82,584 600,000 SH Put SOLE   600,000 0 0
RENEWABLE ENERGY GROUP INC NOTE 4.000% 6/1 75972AAC7 47,529 34,900,000 PRN   SOLE   34,900,000 0 0
RYANAIR HLDGS PLC SPONSORED ADR NE 783513203 15,951 148,232 SH   SOLE   148,232 0 0
SAEXPLORATION HLDGS INC COM NEW 78636X204 8,466 2,609,039 SH   SOLE   2,609,039 0 0
SAFEGUARD SCIENTIFICS INC DBCV 5.250% 5/1 786449AK4 5,514 5,416,000 PRN   SOLE   5,416,000 0 0
SANOFI RIGHT 12/31/2020 80105N113 2,729 7,181,707 SH   SOLE   7,181,707 0 0
SINA CORP ORD G81477104 34,389 404,721 SH   SOLE   404,721 0 0
SOLARCITY CORP NOTE 2.750%11/0 83416TAA8 2,987 3,000,000 PRN   SOLE   3,000,000 0 0
SOUTHWESTERN ENERGY CO COM 845467109 260 42,800 SH   SOLE   42,800 0 0
SPDR S&P 500 ETF TR CALL 78462F903 120,900 500,000 SH Call SOLE   500,000 0 0
SPDR S&P 500 ETF TR PUT 78462F953 411,060 1,700,000 SH Put SOLE   1,700,000 0 0
SPDR SERIES TRUST PUT 78464A958 19,265 500,000 SH Put SOLE   500,000 0 0
TENET HEALTHCARE CORP COM NEW 88033G407 5,844 302,151 SH   SOLE   302,151 0 0
TERRAFORM GLOBAL INC CL A 88104M101 580 114,845 SH   SOLE   114,845 0 0
TESLA INC NOTE 0.250% 3/0 88160RAB7 23,993 21,000,000 PRN   SOLE   21,000,000 0 0
TESLA INC NOTE 1.250% 3/0 88160RAC5 28,875 25,000,000 PRN   SOLE   25,000,000 0 0
TESLA INC NOTE 2.375% 3/1 88160RAD3 37,688 30,000,000 PRN   SOLE   30,000,000 0 0
TESLA INC PUT 88160R951 10,848 30,000 SH Put SOLE   30,000 0 0
TIME WARNER INC COM NEW 887317303 27,655 275,420 SH   SOLE   275,420 0 0
TRANSOCEAN LTD PUT H8817H950 1,646 200,000 SH Put SOLE   200,000 0 0
TWITTER INC NOTE 0.250% 9/1 90184LAB8 4,722 5,000,000 PRN   SOLE   5,000,000 0 0
TWITTER INC NOTE 1.000% 9/1 90184LAD4 16,470 18,000,000 PRN   SOLE   18,000,000 0 0
TWO HBRS INVT CORP NOTE 6.250% 1/1 90187BAA9 28,375 26,976,000 PRN   SOLE   26,976,000 0 0
ULTRA PETROLEUM CORP COM NEW 903914208 61,190 5,639,667 SH   SOLE   5,639,667 0 0
UNISYS CORP NOTE 5.500% 3/0 909214BS6 9,917 6,500,000 PRN   SOLE   6,500,000 0 0
VANECK VECTORS ETF TR OIL SVCS ETF 92189F718 12,395 500,000 SH   SOLE   500,000 0 0
VANECK VECTORS ETF TR PUT 92189F958 12,395 500,000 SH Put SOLE   500,000 0 0
VEDANTA LTD SPONSORED ADR 92242Y100 544 35,036 SH   SOLE   35,036 0 0
WEATHERFORD INTL PLC ORD SHS G48833100 5,225 1,350,108 SH   SOLE   1,350,108 0 0
WEIBO CORP SPONSORED ADR 948596101 1,538 23,139 SH   SOLE   23,139 0 0
WINDSTREAM HLDGS INC COM NEW 97382A200 1,665 429,050 SH   SOLE   429,050 0 0
YAHOO INC NOTE 12/0 984332AF3 70,691 62,180,000 PRN   SOLE   62,180,000 0 0