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
ABBOTT LABS COM 002824100 872 22,760 SH   DFND   22,760 0 0
ACUITY BRANDS INC COM 00508Y102 1,094 10,000 SH   DFND   10,000 0 0
AEGEAN MARINE PETE NETWORK I NOTE 4.000%11/0 Y0020QAA9 1,059 1,000,000 PRN   DFND   1,000,000 0 0
AETNA INC NEW COM 00817Y108 1,892 27,577 SH   DFND   27,577 0 0
ALLEGHENY TECHNOLOGIES INC NOTE 4.250% 6/0 01741RAD4 1,035 1,000,000 PRN   DFND   1,000,000 0 0
AMAZON COM INC COM 023135106 790 1,981 SH   DFND   1,981 0 0
AMERICAN AIRLS GROUP INC COM 02376R102 124 4,922 SH   DFND   4,922 0 0
AMERICAN RLTY CAP PPTYS INC NOTE 3.000% 8/0 02917TAA2 43,649 43,540,000 PRN   DFND   43,540,000 0 0
AMPHENOL CORP NEW CL A 032095101 2,515 28,201 SH   DFND   28,201 0 0
ANNALY CAP MGMT INC NOTE 5.000% 5/1 035710AB8 6,839 6,775,000 PRN   DFND   6,775,000 0 0
APPLE INC COM 037833100 28,393 50,601 SH   DFND   50,601 0 0
APPLIED MICRO CIRCUITS CORP COM NEW 03822W406 4,395 328,439 SH   DFND   328,439 0 0
ARCELORMITTAL SA LUXEMBOURG MAND CV NT 16 L0302D178 5,158 200,000 SH   DFND   200,000 0 0
ARCHER DANIELS MIDLAND CO NOTE 0.875% 2/1 039483AW2 15,610 14,800,000 PRN   DFND   14,800,000 0 0
ARES CAP CORP NOTE 4.750% 1/1 04010LAJ2 1,582 1,500,000 PRN   DFND   1,500,000 0 0
ARM HLDGS PLC SPONSORED ADR 042068106 5,281 96,481 SH   DFND   96,481 0 0
ARM HLDGS PLC SPONSORED ADR 042068106 3,257 59,500 SH Call DFND   59,500 0 0
ARMSTRONG WORLD INDS INC NEW COM 04247X102 922 16,000 SH   DFND   16,000 0 0
ATLANTICUS HLDGS CORP COM 04914Y102 226 63,611 SH   DFND   63,611 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 2,016 17,000 SH   DFND   17,000 0 0
BEST BUY INC COM 086516101 4,885 122,254 SH   DFND   122,254 0 0
BIOMARIN PHARMACEUTICAL INC COM 09061G101 54 768 SH   DFND   768 0 0
BPZ RESOURCES INC NOTE 8.500%10/0 055639AC2 4,462 5,000,000 PRN   DFND   5,000,000 0 0
BROOKFIELD RESIDENTIAL PPTYS COM 11283W104 242 10,000 SH   DFND   10,000 0 0
CAPITOL ACQUISITION CORP II *W EXP 05/15/201 14056V113 168 250,000 SH   DFND   250,000 0 0
CAPITOL ACQUISITION CORP II COM 14056V105 4,850 500,000 SH   DFND   500,000 0 0
CEMEX SAB DE CV NOTE 3.250% 3/1 151290BB8 11,135 8,500,000 PRN   DFND   8,500,000 0 0
CEMEX SAB DE CV NOTE 3.750% 3/1 151290BC6 36,241 26,655,000 PRN   DFND   26,655,000 0 0
CEMEX SAB DE CV NOTE 4.875% 3/1 151290AV5 7,413 6,250,000 PRN   DFND   6,250,000 0 0
CENTRAL EUROPEAN MEDIA NOTE 5.000%11/1 153443AH9 25,480 28,000,000 PRN   DFND   28,000,000 0 0
CENTRAL EUROPEAN MEDIA ENTRP CL A NEW G20045202 1,882 490,000 SH   DFND   490,000 0 0
CHENIERE ENERGY INC COM NEW 16411R208 7,731 179,291 SH   DFND   179,291 0 0
CIENA CORP NOTE 0.875% 6/1 171779AE1 1,022 1,000,000 PRN   DFND   1,000,000 0 0
CIS ACQUISITION LTD UNIT 99/99/9999 G21490506 2,086 200,000 SH   DFND   200,000 0 0
CITIGROUP INC *W EXP 01/04/201 172967226 2,198 3,381,640 SH   DFND   3,381,640 0 0
CITIGROUP INC *W EXP 10/28/201 172967234 309 5,000,000 SH   DFND   5,000,000 0 0
CITIGROUP INC COM NEW 172967424 19,559 375,343 SH   DFND   375,343 0 0
CME GROUP INC COM 12572Q105 11,584 147,647 SH   DFND   147,647 0 0
COBALT INTL ENERGY INC NOTE 2.625%12/0 19075FAA4 18,629 21,095,000 PRN   DFND   21,095,000 0 0
COMPUCREDIT HLDGS CORP NOTE 5.875%11/3 20478NAD2 12,357 30,138,000 PRN   DFND   30,138,000 0 0
CONCUR TECHNOLOGIES INC COM 206708109 692 6,703 SH   DFND   6,703 0 0
COSAN LTD SHS A G25343107 1,165 84,879 SH   DFND   84,879 0 0
COVANTA HLDG CORP NOTE 3.250% 6/0 22282EAC6 8,153 7,000,000 PRN   DFND   7,000,000 0 0
CREDICORP LTD COM G2519Y108 265 2,000 SH   DFND   2,000 0 0
CROWN CASTLE INTL CORP CNV PFD STK SR A 228227500 6,006 60,000 SH   DFND   60,000 0 0
CUMMINS INC COM 231021106 3,761 26,690 SH   DFND   26,690 0 0
D R HORTON INC NOTE 2.000% 5/1 23331ABB4 25,791 15,000,000 PRN   DFND   15,000,000 0 0
DAVITA HEALTHCARE PARTNERS I COM 23918K108 1,698 26,800 SH   DFND   26,800 0 0
DEERE & CO COM 244199105 411 4,500 SH   DFND   4,500 0 0
DENDREON CORP NOTE 2.875% 1/1 24823QAC1 2,518 3,845,000 PRN   DFND   3,845,000 0 0
DEVELOPERS DIVERSIFIED RLTY NOTE 1.750%11/1 251591AX1 36,278 32,500,000 PRN   DFND   32,500,000 0 0
DISCOVER FINL SVCS COM 254709108 29,986 535,941 SH   DFND   535,941 0 0
DISNEY WALT CO COM DISNEY 254687106 5,576 72,985 SH   DFND   72,985 0 0
DOW CHEM CO COM 260543103 666 15,000 SH   DFND   15,000 0 0
DRYSHIPS INC. NOTE 5.000%12/0 262498AB4 23,545 23,250,000 PRN   DFND   23,250,000 0 0
E HOUSE CHINA HLDGS LTD ADR 26852W103 584 38,700 SH   DFND   38,700 0 0
EBAY INC COM 278642103 10,711 195,139 SH   DFND   195,139 0 0
ELECTRONIC ARTS INC NOTE 0.750% 7/1 285512AA7 9,776 9,190,000 PRN   DFND   9,190,000 0 0
EQUIFAX INC COM 294429105 1,810 26,199 SH   DFND   26,199 0 0
FACEBOOK INC CL A 30303M102 40,655 743,775 SH   DFND   743,775 0 0
FIDELITY NATIONAL FINANCIAL NOTE 4.250% 8/1 31620RAE5 8,194 5,000,000 PRN   DFND   5,000,000 0 0
FIREEYE INC COM 31816Q101 5,942 136,252 SH   DFND   136,252 0 0
GAIN CAP HLDGS INC NOTE 4.125%12/0 36268WAA8 941 1,000,000 PRN   DFND   1,000,000 0 0
GENERAL CABLE CORP DEL NEW FRNT 5.000%11/1 369300AL2 4,331 4,030,000 PRN   DFND   4,030,000 0 0
GENERAL MTRS CO *W EXP 07/10/201 37045V118 1,420 45,593 SH   DFND   45,593 0 0
GENERAL MTRS CO *W EXP 07/10/201 37045V126 1,054 45,593 SH   DFND   45,593 0 0
GENERAL MTRS CO COM 37045V100 13,700 335,221 SH   DFND   335,221 0 0
GENWORTH FINL INC COM CL A 37247D106 3 182 SH   DFND   182 0 0
GILEAD SCIENCES INC COM 375558103 4,529 60,257 SH   DFND   60,257 0 0
GILEAD SCIENCES INC NOTE 1.625% 5/0 375558AP8 41,295 12,500,000 PRN   DFND   12,500,000 0 0
GOLDEN STAR RES LTD CDA DEBT 5.000% 6/0 38119TAE4 18,342 26,250,000 PRN   DFND   26,250,000 0 0
GOLDMAN SACHS GROUP INC COM 38141G104 3,679 20,753 SH   DFND   20,753 0 0
GOODRICH PETE CORP NOTE 5.000%10/0 382410AG3 9,270 9,000,000 PRN   DFND   9,000,000 0 0
GOOGLE INC CL A 38259P508 15,367 13,712 SH   DFND   13,712 0 0
GROUPON INC COM CL A 399473107 1,597 135,676 SH   DFND   135,676 0 0
GT ADVANCED TECHNOLOGIES INC COM 36191U106 589 67,500 SH   DFND   67,500 0 0
GT ADVANCED TECHNOLOGIES INC NOTE 3.000%10/0 36191UAA4 3,428 2,500,000 PRN   DFND   2,500,000 0 0
GT ADVANCED TECHNOLOGIES INC NOTE 3.000%12/1 36191UAB2 1,333 1,315,000 PRN   DFND   1,315,000 0 0
HANWHA SOLARONE CO LTD SPONSORED ADR 41135V103 1,847 666,760 SH   DFND   666,760 0 0
HARVEST NATURAL RESOURCES IN COM 41754V103 1,406 311,078 SH   DFND   311,078 0 0
HEWLETT PACKARD CO COM 428236103 3,926 140,300 SH Put DFND   140,300 0 0
HF2 FINL MGMT INC CL A 40421A104 5,090 500,000 SH   DFND   500,000 0 0
HOLOGIC INC DEBT 2.000% 3/0 436440AC5 4,700 4,600,000 PRN   DFND   4,600,000 0 0
HOLOGIC INC FRNT 2.000%12/1 436440AB7 7,518 6,450,000 PRN   DFND   6,450,000 0 0
HUNT J B TRANS SVCS INC COM 445658107 595 7,700 SH   DFND   7,700 0 0
HYDE PK ACQUISITION CORP II COM 448640102 2,649 250,000 SH   DFND   250,000 0 0
INTEL CORP COM 458140100 9,790 377,100 SH Call DFND   377,100 0 0
INTEL CORP SDCV 2.950%12/1 458140AD2 674 600,000 PRN   DFND   600,000 0 0
INTEL CORP SDCV 3.250% 8/0 458140AF7 13,915 10,260,000 PRN   DFND   10,260,000 0 0
INTERMUNE INC NOTE 2.500% 9/1 45884XAE3 9,338 10,404,000 PRN   DFND   10,404,000 0 0
INTERNATIONAL GAME TECHNOLOG COM 459902102 1,362 75,000 SH Call DFND   75,000 0 0
INTERNATIONAL GAME TECHNOLOG NOTE 3.250% 5/0 459902AQ5 11,263 10,632,000 PRN   DFND   10,632,000 0 0
ISHARES CHINA LG-CAP ETF 464287184 1,150 30,000 SH   DFND   30,000 0 0
ISHARES MSCI MEX CAP ETF 464286822 238 3,500 SH   DFND   3,500 0 0
ISHARES MSCI STH KOR ETF 464286772 834 12,900 SH   DFND   12,900 0 0
JAMES RIVER COAL CO NOTE 10.000% 6/0 470355AK4 582 1,320,000 PRN   DFND   1,320,000 0 0
JINKOSOLAR HLDG CO LTD NOTE 4.000% 5/1 47759TAA8 23,271 21,325,000 PRN   DFND   21,325,000 0 0
JPMORGAN CHASE & CO COM 46625H100 14,552 248,838 SH   DFND   248,838 0 0
JPMORGAN CHASE & CO COM 46625H100 21,392 365,800 SH Call DFND   365,800 0 0
KRAFT FOODS GROUP INC COM 50076Q106 9 165 SH   DFND   165 0 0
LAM RESEARCH CORP COM 512807108 7,008 128,700 SH Call DFND   128,700 0 0
LAS VEGAS SANDS CORP COM 517834107 8,855 112,274 SH   DFND   112,274 0 0
LAS VEGAS SANDS CORP COM 517834107 1,104 14,000 SH Call DFND   14,000 0 0
LIBERTY MEDIA CORP DEB 3.500% 1/1 530715AN1 31,786 58,924,000 PRN   DFND   58,924,000 0 0
LIBERTY MEDIA CORP DELAWARE CL A 531229102 350 2,387 SH   DFND   2,387 0 0
LIFEPOINT HOSPITALS INC NOTE 3.500% 5/1 53219LAH2 6,515 6,000,000 PRN   DFND   6,000,000 0 0
LINEAR TECHNOLOGY CORP COM 535678106 524 11,500 SH Call DFND   11,500 0 0
LINEAR TECHNOLOGY CORP NOTE 3.000% 5/0 535678AC0 8,406 7,385,000 PRN   DFND   7,385,000 0 0
LINKEDIN CORP COM CL A 53578A108 11,909 54,923 SH   DFND   54,923 0 0
LOWES COS INC COM 548661107 2,078 41,943 SH   DFND   41,943 0 0
LYONDELLBASELL INDUSTRIES N SHS - A - N53745100 7 90 SH   DFND   90 0 0
MANCHESTER UTD PLC NEW ORD CL A G5784H106 3,516 226,422 SH   DFND   226,422 0 0
MARATHON PETE CORP COM 56585A102 431 4,700 SH   DFND   4,700 0 0
MARVELL TECHNOLOGY GROUP LTD ORD G5876H105 1,798 125,000 SH   DFND   125,000 0 0
MASTEC INC COM 576323109 1,047 32,000 SH   DFND   32,000 0 0
MASTERCARD INC CL A 57636Q104 22,990 27,518 SH   DFND   27,518 0 0
MELCO CROWN ENTMT LTD ADR 585464100 619 15,791 SH   DFND   15,791 0 0
MERGEWORTHRX CORP COM 58952R106 2,276 280,000 SH   DFND   280,000 0 0
MGIC INVT CORP WIS NOTE 2.000% 4/0 552848AE3 4,839 3,528,000 PRN   DFND   3,528,000 0 0
MGM RESORTS INTERNATIONAL NOTE 4.250% 4/1 55303QAE0 11,092 8,135,000 PRN   DFND   8,135,000 0 0
MICRON TECHNOLOGY INC COM 595112103 4,190 192,559 SH   DFND   192,559 0 0
MOLYCORP INC DEL NOTE 5.500% 2/0 608753AH2 3,347 3,500,000 PRN   DFND   3,500,000 0 0
MOLYCORP INC DEL NOTE 6.000% 9/0 608753AF6 20,891 26,150,000 PRN   DFND   26,150,000 0 0
MONDELEZ INTL INC CL A 609207105 18 497 SH   DFND   497 0 0
NATIONAL OILWELL VARCO INC COM 637071101 795 10,000 SH   DFND   10,000 0 0
NAVISTAR INTL CORP NEW NOTE 3.000%10/1 63934EAL2 4,887 4,775,000 PRN   DFND   4,775,000 0 0
NETSUITE INC COM 64118Q107 4,988 48,414 SH   DFND   48,414 0 0
NEWMONT MINING CORP COM 651639106 4,606 200,000 SH Call DFND   200,000 0 0
NEWMONT MINING CORP NOTE 1.625% 7/1 651639AJ5 4,820 4,700,000 PRN   DFND   4,700,000 0 0
NIMBLE STORAGE INC COM 65440R101 7,812 172,460 SH   DFND   172,460 0 0
NUVERRA ENVIRONMENTAL SOLUTI COM NEW 67091K203 840 50,000 SH   DFND   50,000 0 0
ODYSSEY MARINE EXPLORATION I COM 676118102 731 361,955 SH   DFND   361,955 0 0
PALL CORP COM 696429307 427 5,000 SH   DFND   5,000 0 0
PPG INDS INC COM 693506107 5,601 29,538 SH   DFND   29,538 0 0
PRICELINE COM INC DEBT 1.000% 3/1 741503AQ9 9,969 7,200,000 PRN   DFND   7,200,000 0 0
PROLOGIS NOTE 3.250% 3/1 74340XAT8 6,316 5,650,000 PRN   DFND   5,650,000 0 0
PROMOTORA DE INFORMACIONES S ADR CL A SHS 74343G204 349 159,374 SH   DFND   159,374 0 0
PROMOTORA DE INFORMACIONES S ADR CL B CONV 74343G303 542 187,500 SH   DFND   187,500 0 0
PROSPECT CAPITAL CORPORATION MTNF 5.375%10/1 74348TAK8 4,235 4,000,000 PRN   DFND   4,000,000 0 0
PROSPECT CAPITAL CORPORATION NOTE 5.750% 3/1 74348TAL6 3,191 3,000,000 PRN   DFND   3,000,000 0 0
PVR PARTNERS L P COM UNIT REPTG L 693665101 9,085 338,627 SH   DFND   338,627 0 0
QIHOO 360 TECHNOLOGY CO LTD DEBT 2.500% 9/1 G73030AA9 4,040 3,810,000 PRN   DFND   3,810,000 0 0
QLIK TECHNOLOGIES INC COM 74733T105 8,849 332,276 SH   DFND   332,276 0 0
QLIK TECHNOLOGIES INC COM 74733T105 2,655 99,700 SH Call DFND   99,700 0 0
RADIAN GROUP INC NOTE 3.000%11/1 750236AK7 14,892 10,450,000 PRN   DFND   10,450,000 0 0
REALOGY HLDGS CORP COM 75605Y106 2,163 43,718 SH   DFND   43,718 0 0
REDWOOD TR INC COM 758075402 581 30,000 SH   DFND   30,000 0 0
RENESOLA LTD SPONS ADS 75971T103 518 150,117 SH   DFND   150,117 0 0
RESOURCE CAP CORP NOTE 6.000%12/0 76120WAA2 2,522 2,500,000 PRN   DFND   2,500,000 0 0
ROI ACQUISITION CORP II *W EXP 99/99/999 74966G119 200 400,000 SH   DFND   400,000 0 0
ROI ACQUISITION CORP II COM 74966G101 3,910 400,000 SH   DFND   400,000 0 0
ROSS STORES INC COM 778296103 1,351 18,027 SH   DFND   18,027 0 0
ROWAN COMPANIES PLC SHS CL A G7665A101 1,768 50,000 SH   DFND   50,000 0 0
SAEXPLORATION HLDGS INC COM 78636X105 3,137 351,283 SH   DFND   351,283 0 0
SALESFORCE COM INC COM 79466L302 20,801 376,894 SH   DFND   376,894 0 0
SANDISK CORP NOTE 1.500% 8/1 80004CAD3 32,346 21,920,000 PRN   DFND   21,920,000 0 0
SENSATA TECHNOLOGIES HLDG BV SHS N7902X106 2,785 71,845 SH   DFND   71,845 0 0
SERVICENOW INC COM 81762P102 21,167 377,911 SH   DFND   377,911 0 0
SIGNET JEWELERS LIMITED SHS G81276100 892 11,287 SH   DFND   11,287 0 0
SILVER EAGLE ACQUISITION COR UNIT 99/99/9999 827694209 7,500 750,000 SH   DFND   750,000 0 0
SINA CORP ORD G81477104 470 5,579 SH   DFND   5,579 0 0
SOLARFUN POWER HOLDINGS CO L NOTE 3.500% 1/1 83415UAB4 26,158 28,279,000 PRN   DFND   28,279,000 0 0
SPLUNK INC COM 848637104 24,565 357,725 SH   DFND   357,725 0 0
SPROUTS FMRS MKT INC COM 85208M102 470 12,222 SH   DFND   12,222 0 0
STANLEY BLACK & DECKER INC UNIT 99/99/9999 854502804 1,800 17,500 SH   DFND   17,500 0 0
STARBUCKS CORP COM 855244109 2,404 30,661 SH   DFND   30,661 0 0
STARWOOD PPTY TR INC NOTE 4.000% 1/1 85571BAB1 1,615 1,465,000 PRN   DFND   1,465,000 0 0
STARWOOD PPTY TR INC NOTE 4.550% 3/0 85571BAA3 5,699 5,200,000 PRN   DFND   5,200,000 0 0
TABLEAU SOFTWARE INC CL A 87336U105 20,998 304,635 SH   DFND   304,635 0 0
TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADR 874039100 2,778 159,281 SH   DFND   159,281 0 0
TESLA MTRS INC NOTE 1.500% 6/0 88160RAA9 17,344 12,500,000 PRN   DFND   12,500,000 0 0
TEVA PHARMACEUTICAL INDS LTD ADR 881624209 3,006 75,000 SH   DFND   75,000 0 0
THERMO FISHER SCIENTIFIC INC COM 883556102 1,448 13,000 SH   DFND   13,000 0 0
TIBCO SOFTWARE INC COM 88632Q103 1,263 56,165 SH   DFND   56,165 0 0
TOTAL SYS SVCS INC COM 891906109 10,770 323,624 SH   DFND   323,624 0 0
TRINITY INDS INC NOTE 3.875% 6/0 896522AF6 3,374 2,500,000 PRN   DFND   2,500,000 0 0
TWENTY FIRST CENTY FOX INC CL A 90130A101 2,626 74,645 SH   DFND   74,645 0 0
UAL CORP NOTE 6.000%10/1 902549AJ3 61,446 14,000,000 PRN   DFND   14,000,000 0 0
UNION PAC CORP COM 907818108 1,259 7,495 SH   DFND   7,495 0 0
UNITED STATES STL CORP NEW NOTE 4.000% 5/1 912909AE8 6,150 5,750,000 PRN   DFND   5,750,000 0 0
USEC INC NOTE 3.000%10/0 90333EAC2 4,658 13,500,000 PRN   DFND   13,500,000 0 0
VISA INC COM CL A 92826C839 28,294 127,078 SH   DFND   127,078 0 0
VISA INC COM CL A 92826C839 12,092 54,300 SH Call DFND   54,300 0 0
VMWARE INC CL A COM 928563402 20,682 230,541 SH   DFND   230,541 0 0
VOLCANO CORPORATION NOTE 1.750%12/0 928645AB6 4,459 4,500,000 PRN   DFND   4,500,000 0 0
WELLPOINT INC NOTE 2.750%10/1 94973VBG1 13,518 10,000,000 PRN   DFND   10,000,000 0 0
WELLS FARGO & CO NEW COM 949746101 1,598 35,200 SH   DFND   35,200 0 0
WESCO INTL INC COM 95082P105 3,770 41,394 SH   DFND   41,394 0 0
WESCO INTL INC DBCV 6.000% 9/1 95082PAH8 8,112 2,500,000 PRN   DFND   2,500,000 0 0
WORKDAY INC CL A 98138H101 2,945 35,411 SH   DFND   35,411 0 0
WYNN RESORTS LTD COM 983134107 621 3,200 SH Put DFND   3,200 0 0
XOOM CORP COM 98419Q101 812 29,679 SH   DFND   29,679 0 0
YONGYE INTL INC COM 98607B106 908 141,925 SH   DFND   141,925 0 0
ZIONS BANCORPORATION *W EXP 05/22/202 989701115 1,235 198,360 SH   DFND   198,360 0 0
ZOETIS INC CL A 98978V103 1,471 45,000 SH   DFND   45,000 0 0