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
APPLE INC COM 037833100 2,368 22,500 SH   SOLE   22,500 0 0
ABBVIE INC COM 00287Y109 3,371 56,900 SH   SOLE   56,900 0 0
ALCENTRA CAP CORP COM 01374T102 244 21,000 SH   SOLE   21,000 0 0
AMBEV SA SPONSORED ADR 02319V103 69 15,500 SH   SOLE   15,500 0 0
ACE LTD SHS H0023R105 292 2,500 SH   SOLE   2,500 0 0
ACCENTURE PLC IRELAND SHS CLASS A G1151C101 376 3,600 SH   SOLE   3,600 0 0
AVENUE INCOME CR STRATEGIES COM 05358E106 1,249 110,000 SH   SOLE   110,000 0 0
ARES COML REAL ESTATE CORP COM 04013V108 343 30,000 SH   SOLE   30,000 0 0
AMERICAN CAP SR FLOATING LTD COM 02504D108 1,130 115,000 SH   SOLE   115,000 0 0
ALLERGAN PLC SHS G0177J108 344 1,100 SH   SOLE   1,100 0 0
AUTOMATIC DATA PROCESSING IN COM 053015103 2,457 29,000 SH   SOLE   29,000 0 0
BLDRS INDEX FDS TR EUR 100 ADR 09348R409 205 10,000 SH   SOLE   10,000 0 0
ALLIANCE DATA SYSTEMS CORP COM 018581108 277 1,000 SH   SOLE   1,000 0 0
AEGON N V NY REGISTRY SH 007924103 116 20,426 SH   SOLE   20,426 0 0
ATLAS FINANCIAL HOLDINGS INC SHS NEW G06207115 259 13,000 SH   SOLE   13,000 0 0
APOLLO SR FLOATING RATE FD I COM 037636107 1,061 70,000 SH   SOLE   70,000 0 0
AMERICAN CAPITAL AGENCY CORP COM 02503X105 8,843 510,000 SH   SOLE   510,000 0 0
AGRIUM INC COM 008916108 2,010 22,500 SH   SOLE   22,500 0 0
ASPEN INSURANCE HOLDINGS LTD SHS G05384105 324 6,700 SH   SOLE   6,700 0 0
APOLLO TACTICAL INCOME FD IN COM 037638103 695 50,000 SH   SOLE   50,000 0 0
GALLAGHER ARTHUR J & CO COM 363576109 1,556 38,000 SH   SOLE   38,000 0 0
ALKERMES PLC SHS G01767105 318 4,000 SH   SOLE   4,000 0 0
ALLEGION PUB LTD CO ORD SHS G0176J109 336 5,100 SH   SOLE   5,100 0 0
AUTOLIV INC COM 052800109 312 2,500 SH   SOLE   2,500 0 0
APOLLO RESIDENTIAL MTG INC COM 03763V102 2,713 227,000 SH   SOLE   227,000 0 0
AMAZON COM INC COM 023135106 338 500 SH   SOLE   500 0 0
ANSYS INC COM 03662Q105 278 3,000 SH   SOLE   3,000 0 0
AON PLC SHS CL A G0408V102 314 3,400 SH   SOLE   3,400 0 0
ARES CAP CORP COM 04010L103 6,883 483,000 SH   SOLE   483,000 0 0
ARES DYNAMIC CR ALLOCATION F COM 04014F102 3,568 267,052 SH   SOLE   267,052 0 0
APOLLO COML REAL EST FIN INC COM 03762U105 4,652 270,000 SH   SOLE   270,000 0 0
AVIVA PLC ADR 05382A104 1,704 112,000 SH   SOLE   112,000 0 0
ALLIANCEBERNSTEIN GBL HGH IN COM 01879R106 2,156 200,000 SH   SOLE   200,000 0 0
ALLIED WRLD ASSUR COM HLDG A SHS H01531104 223 6,000 SH   SOLE   6,000 0 0
AXIS CAPITAL HOLDINGS LTD SHS G0692U109 281 5,000 SH   SOLE   5,000 0 0
AIRCASTLE LTD COM G0129K104 1,012 48,500 SH   SOLE   48,500 0 0
ASTRAZENECA PLC SPONSORED ADR 046353108 1,575 46,400 SH   SOLE   46,400 0 0
AUTOZONE INC COM 053332102 312 420 SH   SOLE   420 0 0
BOEING CO COM 097023105 1,880 13,000 SH   SOLE   13,000 0 0
BROOKFIELD ASSET MGMT INC CL A LTD VT SH 112585104 284 9,000 SH   SOLE   9,000 0 0
BLACKROCK TAX MUNICPAL BD TR SHS 09248X100 1,259 60,000 SH   SOLE   60,000 0 0
BB&T CORP COM 054937107 219 5,800 SH   SOLE   5,800 0 0
BCE INC COM NEW 05534B760 270 7,000 SH   SOLE   7,000 0 0
BGC PARTNERS INC CL A 05541T101 6,495 662,000 SH   SOLE   662,000 0 0
BLACKROCK FLOATING RATE INCO COM 091941104 1,389 111,071 SH   SOLE   111,071 0 0
BHP BILLITON LTD SPONSORED ADR 088606108 2,241 87,000 SH   SOLE   87,000 0 0
BLACKROCK MULTI-SECTOR INC T COM 09258A107 2,039 129,000 SH   SOLE   129,000 0 0
BLACKROCK CAPITAL INVESTMENT COM 092533108 6,909 735,000 SH   SOLE   735,000 0 0
POWERSHARES ETF TRUST II SENIOR LN PORT 73936Q769 202 9,000 SH   SOLE   9,000 0 0
BLACKROCK LTD DURATION INC T COM SHS 09249W101 4,301 295,000 SH   SOLE   295,000 0 0
BRISTOL MYERS SQUIBB CO COM 110122108 206 3,000 SH   SOLE   3,000 0 0
VANGUARD BD INDEX FD INC TOTAL BND MRKT 921937835 347 4,300 SH   SOLE   4,300 0 0
BENEFITFOCUS INC COM 08180D106 255 7,000 SH   SOLE   7,000 0 0
PIMCO ETF TR TTL RTN ACTV ETF 72201R775 344 3,300 SH   SOLE   3,300 0 0
BLUEROCK RESIDENT GR REIT IN COM CL A 09627J102 1,669 140,804 SH   SOLE   140,804 0 0
BRUKER CORP COM 116794108 388 16,000 SH   SOLE   16,000 0 0
BLACKROCK CR ALLCTN INC TR COM 092508100 3,147 255,000 SH   SOLE   255,000 0 0
BLACKSTONE MTG TR INC COM CL A 09257W100 10,169 380,000 SH   SOLE   380,000 0 0
CACI INTL INC CL A 127190304 288 3,100 SH   SOLE   3,100 0 0
CARDTRONICS INC COM 14161H108 219 6,500 SH   SOLE   6,500 0 0
SPDR SERIES TRUST BRC ISSUER SCORD 78464A144 347 11,200 SH   SOLE   11,200 0 0
CROWN CASTLE INTL CORP COM 22822V101 2,317 26,800 SH   SOLE   26,800 0 0
CDK GLOBAL INC COM 12508E101 261 5,500 SH   SOLE   5,500 0 0
CADENCE DESIGN SYSTEM INC COM 127387108 298 14,300 SH   SOLE   14,300 0 0
CDW CORP COM 12514G108 336 8,000 SH   SOLE   8,000 0 0
CELGENE CORP COM 151020104 251 2,100 SH   SOLE   2,100 0 0
CHEMED CORP NEW COM 16359R103 360 2,400 SH   SOLE   2,400 0 0
CHERRY HILL MTG INVT CORP COM 164651101 911 70,000 SH   SOLE   70,000 0 0
CHUNGHWA TELECOM CO LTD SPON ADR NEW11 17133Q502 255 8,500 SH   SOLE   8,500 0 0
MFS INTERMEDIATE HIGH INC FD SH BEN INT 59318T109 232 100,000 SH   SOLE   100,000 0 0
CHIMERA INVT CORP COM 16934Q109 9,030 662,000 SH   SOLE   662,000 0 0
CITY OFFICE REIT INC COM 178587101 1,514 124,266 SH   SOLE   124,266 0 0
CME GROUP INC COM 12572Q105 1,205 13,300 SH   SOLE   13,300 0 0
CM FIN INC COM 12574Q103 100 10,000 SH   SOLE   10,000 0 0
CMS ENERGY CORP COM 125896100 235 6,500 SH   SOLE   6,500 0 0
CENTENE CORP DEL COM 15135B101 329 5,000 SH   SOLE   5,000 0 0
CANADIAN NATL RY CO COM 136375102 212 3,800 SH   SOLE   3,800 0 0
COMPASS DIVERSIFIED HOLDINGS SHS BEN INT 20451Q104 4,370 275,000 SH   SOLE   275,000 0 0
ROCKWELL COLLINS INC COM 774341101 314 3,400 SH   SOLE   3,400 0 0
PIMCO ETF TR INV GRD CRP BD 20825C104 346 3,500 SH   SOLE   3,500 0 0
COSTCO WHSL CORP NEW COM 22160K105 371 2,300 SH   SOLE   2,300 0 0
COPART INC COM 217204106 266 7,000 SH   SOLE   7,000 0 0
CAPITALA FIN CORP COM 14054R106 2,295 190,000 SH   SOLE   190,000 0 0
CRITEO S A SPONS ADS 226718104 277 7,000 SH   SOLE   7,000 0 0
CISCO SYS INC COM 17275R102 2,452 90,300 SH   SOLE   90,300 0 0
ISHARES 1-3YRCRBDETF 464288646 345 3,300 SH   SOLE   3,300 0 0
COVANTA HLDG CORP COM 22282E102 1,394 90,000 SH   SOLE   90,000 0 0
CHEVRON CORP NEW COM 166764100 229 2,550 SH   SOLE   2,550 0 0
CYS INVTS INC COM 12673A108 1,569 220,000 SH   SOLE   220,000 0 0
DBX EFT TR EX US HDG EQTY 233051820 347 15,000 SH   SOLE   15,000 0 0
DU PONT E I DE NEMOURS & CO COM 263534109 2,831 42,500 SH   SOLE   42,500 0 0
DEERE & CO COM 244199105 2,242 29,400 SH   SOLE   29,400 0 0
WISDOMTREE TRUST EUROPE SMCP DV 97717W869 235 4,200 SH   SOLE   4,200 0 0
DANAHER CORP DEL COM 235851102 288 3,100 SH   SOLE   3,100 0 0
WISDOMTREE TR INTL SMCAP DIV 97717W760 261 4,500 SH   SOLE   4,500 0 0
WESTERN ASSET MTG DEF OPPTY COM 95790B109 398 16,900 SH   SOLE   16,900 0 0
DOW CHEM CO COM 260543103 2,776 53,925 SH   SOLE   53,925 0 0
AMDOCS LTD ORD G02602103 273 5,000 SH   SOLE   5,000 0 0
DIVERSIFIED REAL ASSET INC F COM SHS 25533B108 2,622 169,068 SH   SOLE   169,068 0 0
BLACKROCK DEBT STRAT FD INC COM 09255R103 2,494 740,000 SH   SOLE   740,000 0 0
DTE ENERGY CO COM 233331107 2,526 31,500 SH   SOLE   31,500 0 0
DUKE ENERGY CORP NEW COM NEW 26441C204 200 2,800 SH   SOLE   2,800 0 0
DREW INDS INC COM NEW 26168L205 286 4,700 SH   SOLE   4,700 0 0
WISDOMTREE TR INTL EQUITY FD 97717W703 210 4,500 SH   SOLE   4,500 0 0
ELECTRONIC ARTS INC COM 285512109 309 4,500 SH   SOLE   4,500 0 0
WELLS FARGO ADVANTAGE INCOME COM SHS 94987B105 2,757 370,000 SH   SOLE   370,000 0 0
EBAY INC COM 278642103 247 9,000 SH   SOLE   9,000 0 0
US ECOLOGY INC COM 91732J102 237 6,500 SH   SOLE   6,500 0 0
ISHARES EM MK MINVOL ETF 464286533 229 4,700 SH   SOLE   4,700 0 0
ELLINGTON FINANCIAL LLC COM 288522303 6,376 380,000 SH   SOLE   380,000 0 0
EATON VANCE FLTG RATE INCOM COM SHS BEN INT 278284104 1,557 110,000 SH   SOLE   110,000 0 0
ISHARES EAFE GRWTH ETF 464288885 235 3,500 SH   SOLE   3,500 0 0
EATON VANCE SR FLTNG RTE TR COM 27828Q105 1,117 90,000 SH   SOLE   90,000 0 0
EATON VANCE FLTING RATE INC COM 278279104 4,424 350,000 SH   SOLE   350,000 0 0
8 X 8 INC COM 282914100 172 15,000 SH   SOLE   15,000 0 0
WESTERN ASSET GLB HI INCOME COM 95766B109 959 110,000 SH   SOLE   110,000 0 0
ISHARES MSCI ISR CAP ETF 464286632 251 5,100 SH   SOLE   5,100 0 0
ELLIE MAE INC COM 28849P100 319 5,300 SH   SOLE   5,300 0 0
ISHARES MSCI PAC JP ETF 464286665 200 5,200 SH   SOLE   5,200 0 0
WELLS FARGO ADVANTAGE MULTI COM SHS 94987D101 940 83,000 SH   SOLE   83,000 0 0
ERICSSON ADR B SEK 10 294821608 111 11,500 SH   SOLE   11,500 0 0
EVERSOURCE ENERGY COM 30040W108 1,021 20,000 SH   SOLE   20,000 0 0
EXPRESS SCRIPTS HLDG CO COM 30219G108 315 3,600 SH   SOLE   3,600 0 0
EATON VANCE SR INCOME TR SH BEN INT 27826S103 2,741 475,000 SH   SOLE   475,000 0 0
EVERCORE PARTNERS INC CLASS A 29977A105 270 5,000 SH   SOLE   5,000 0 0
EATON VANCE LTD DUR INCOME F COM 27828H105 5,104 400,000 SH   SOLE   400,000 0 0
ISHARES MSCI MEX CAP ETF 464286822 249 5,000 SH   SOLE   5,000 0 0
ISHARES MSCI BRZ CAP ETF 464286400 248 12,000 SH   SOLE   12,000 0 0
EXELON CORP COM 30161N101 3,774 135,900 SH   SOLE   135,900 0 0
FORD MTR CO DEL COM PAR $0.01 345370860 2,353 167,000 SH   SOLE   167,000 0 0
FACEBOOK INC CL A 30303M102 345 3,300 SH   SOLE   3,300 0 0
FORTUNE BRANDS HOME & SEC IN COM 34964C106 361 6,500 SH   SOLE   6,500 0 0
FIBRIA CELULOSE S A SP ADR REP COM 31573A109 311 24,500 SH   SOLE   24,500 0 0
FIRST TR SR FLG RTE INCM FD COM 33733U108 2,100 170,000 SH   SOLE   170,000 0 0
FACTSET RESH SYS INC COM 303075105 325 2,000 SH   SOLE   2,000 0 0
FIDUS INVT CORP COM 316500107 5,408 395,000 SH   SOLE   395,000 0 0
FIRST TR EXCH TRD ALPHA FD I EUROPE ALPHA 33737J117 266 9,000 SH   SOLE   9,000 0 0
SPDR INDEX SHS FDS EURO STOXX 50 78463X202 212 6,150 SH   SOLE   6,150 0 0
FIDELITY NATL INFORMATION SV COM 31620M106 242 4,000 SH   SOLE   4,000 0 0
FLAHERTY & CRUMRINE TOTAL RE COM 338479108 786 41,000 SH   SOLE   41,000 0 0
FLEETMATICS GROUP PLC COM G35569105 340 6,700 SH   SOLE   6,700 0 0
FLY LEASING LTD SPONSORED ADR 34407D109 3,620 265,200 SH   SOLE   265,200 0 0
F M C CORP COM NEW 302491303 235 6,000 SH   SOLE   6,000 0 0
FRESENIUS MED CARE AG&CO KGA SPONSORED ADR 358029106 285 6,800 SH   SOLE   6,800 0 0
FOMENTO ECONOMICO MEXICANO S SPON ADR UNITS 344419106 249 2,700 SH   SOLE   2,700 0 0
BLACKROCK FLOAT RATE OME STR COM 09255X100 2,178 168,800 SH   SOLE   168,800 0 0
FIRST TR HIGH INCOME L/S FD COM 33738E109 986 70,000 SH   SOLE   70,000 0 0
FS INVT CORP COM 302635107 6,855 762,500 SH   SOLE   762,500 0 0
FIRST TR EXCH TRD ALPHA FD I SWITZLND ALPHA 33737J232 280 7,000 SH   SOLE   7,000 0 0
GENPACT LIMITED SHS G3922B107 300 12,000 SH   SOLE   12,000 0 0
GARRISON CAP INC COM 366554103 2,191 180,000 SH   SOLE   180,000 0 0
GOLUB CAP BDC INC COM 38173M102 6,901 415,000 SH   SOLE   415,000 0 0
WESTERN ASSET GLB PTNRS INCO COM 95766G108 1,082 140,000 SH   SOLE   140,000 0 0
WESTERN ASSET GLOBAL CP DEFI COM 95790C107 1,849 117,000 SH   SOLE   117,000 0 0
GENERAL ELECTRIC CO COM 369604103 2,056 66,000 SH   SOLE   66,000 0 0
GRUPO FINANCIERO GALICIA S A SP ADR 10 SH B 399909100 406 15,000 SH   SOLE   15,000 0 0
PRUDENTIAL GLB SHT DUR HG YL COM 74433A109 4,956 350,275 SH   SOLE   350,275 0 0
GRAMERCY PPTY TR INC COM 38489R100 129 16,758 SH   SOLE   16,758 0 0
GOLDMAN SACHS BDC INC SHS 38147U107 7,980 420,000 SH   SOLE   420,000 0 0
GLAXOSMITHKLINE PLC SPONSORED ADR 37733W105 2,018 50,000 SH   SOLE   50,000 0 0
HSBC HLDGS PLC SPON ADR NEW 404280406 1,314 33,300 SH   SOLE   33,300 0 0
HARVEST CAP CR CORP COM 41753F109 528 45,000 SH   SOLE   45,000 0 0
BROOKFIELD HIGH INCOME FD IN COM 11272P102 1,410 205,000 SH   SOLE   205,000 0 0
WESTERN ASSET HIGH INCM OPP COM 95766K109 2,861 610,000 SH   SOLE   610,000 0 0
WESTERN ASSET HIGH INCM FD I COM 95766J102 1,641 260,000 SH   SOLE   260,000 0 0
HONEYWELL INTL INC COM 438516106 269 2,600 SH   SOLE   2,600 0 0
HARRIS CORP DEL COM 413875105 313 3,600 SH   SOLE   3,600 0 0
HERCULES TECH GROWTH CAP INC COM 427096508 8,289 680,000 SH   SOLE   680,000 0 0
HEXCEL CORP NEW COM 428291108 274 5,900 SH   SOLE   5,900 0 0
NEW AMER HIGH INCOME FD INC COM NEW 641876800 2,719 355,000 SH   SOLE   355,000 0 0
WESTERN ASSET HGH YLD DFNDFD COM 95768B107 3,032 215,000 SH   SOLE   215,000 0 0
BLACKROCK CORPOR HI YLD FD I COM 09255P107 3,668 375,000 SH   SOLE   375,000 0 0
ICICI BK LTD ADR 45104G104 125 16,000 SH   SOLE   16,000 0 0
ICON PLC SHS G4705A100 404 5,200 SH   SOLE   5,200 0 0
ISHARES INTL SEL DIV ETF 464288448 201 7,000 SH   SOLE   7,000 0 0
ISHARES INC CORE MSCI EMKT 46434G103 217 5,500 SH   SOLE   5,500 0 0
IDEX CORP COM 45167R104 253 3,300 SH   SOLE   3,300 0 0
INTERCONTINENTAL HOTELS GROU SPON ADR NEW2014 45857P509 217 5,600 SH   SOLE   5,600 0 0
ISHARES TR LATN AMER 40 ETF 464287390 254 12,000 SH   SOLE   12,000 0 0
ISHARES TR MSCI INDIA ETF 46429B598 231 8,400 SH   SOLE   8,400 0 0
INFOSYS LTD SPONSORED ADR 456788108 235 14,000 SH   SOLE   14,000 0 0
ING GROEP N V SPONSORED ADR 456837103 175 13,000 SH   SOLE   13,000 0 0
INTEL CORP COM 458140100 2,356 68,400 SH   SOLE   68,400 0 0
INTUIT COM 461202103 290 3,000 SH   SOLE   3,000 0 0
INTL PAPER CO COM 460146103 1,975 52,400 SH   SOLE   52,400 0 0
IPG PHOTONICS CORP COM 44980X109 250 2,800 SH   SOLE   2,800 0 0
INDEPENDENCE RLTY TR INC COM 45378A106 1,953 260,000 SH   SOLE   260,000 0 0
PRUDENTIAL SHT DURATION HG Y COM 74442F107 5,256 360,000 SH   SOLE   360,000 0 0
INTERSIL CORP CL A 46069S109 1,276 100,000 SH   SOLE   100,000 0 0
GARTNER INC COM 366651107 272 3,000 SH   SOLE   3,000 0 0
IVY HIGH INC OPPORTUNITIES F COM 465893105 1,486 120,000 SH   SOLE   120,000 0 0
INVESCO MORTGAGE CAPITAL INC COM 46131B100 7,806 630,000 SH   SOLE   630,000 0 0
J2 GLOBAL INC COM 48123V102 420 5,100 SH   SOLE   5,100 0 0
NUVEEN FLOATING RATE INCOME COM 67072T108 1,946 190,000 SH   SOLE   190,000 0 0
NUVEEN GLOBAL HIGH INCOME FD COM 67075G103 2,034 148,000 SH   SOLE   148,000 0 0
JOHNSON & JOHNSON COM 478160104 2,167 21,100 SH   SOLE   21,100 0 0
NUVEEN PFD INCOME OPPRTNY FD COM 67073B106 412 45,000 SH   SOLE   45,000 0 0
NUVEEN PFD & INCOME TERM FD COM 67075A106 1,366 60,000 SH   SOLE   60,000 0 0
JPMORGAN CHASE & CO COM 46625H100 1,750 26,500 SH   SOLE   26,500 0 0
NUVEEN FLEXIBLE INVT INCOME COM 67075B104 613 41,800 SH   SOLE   41,800 0 0
NUVEEN CR STRATEGIES INCM FD COM SHS 67073D102 2,368 302,000 SH   SOLE   302,000 0 0
NUVEEN FLTNG RTE INCM OPP FD COM SHS 6706EN100 4,831 493,000 SH   SOLE   493,000 0 0
NUVEEN SHT DUR CR OPP FD COM 67074X107 1,142 77,000 SH   SOLE   77,000 0 0
NUVEEN QUALITY PFD INCOME FD COM 67071S101 1,946 235,000 SH   SOLE   235,000 0 0
KELLOGG CO COM 487836108 831 11,500 SH   SOLE   11,500 0 0
DEUTSCHE HIGH INCOME TR SHS 25155R100 1,471 185,000 SH   SOLE   185,000 0 0
KKR INCOME OPPORTUNITIES FD COM 48249T106 1,040 75,000 SH   SOLE   75,000 0 0
KIMBERLY CLARK CORP COM 494368103 2,329 18,300 SH   SOLE   18,300 0 0
DEUTSCHE MULTI-MKT INCOME TR SHS 25160E102 2,650 346,899 SH   SOLE   346,899 0 0
COCA COLA CO COM 191216100 2,273 52,900 SH   SOLE   52,900 0 0
DEUTSCHE STRATEGIC INCOME TR COM 25160F109 867 82,513 SH   SOLE   82,513 0 0
LADDER CAP CORP CL A 505743104 832 67,000 SH   SOLE   67,000 0 0
SPDR SERIES TRUST BRCLYS AGG ETF 78464A649 342 6,000 SH   SOLE   6,000 0 0
LAZARD LTD SHS A 25160F109 900 20,000 SH   SOLE   20,000 0 0
LIBERTY BROADBAND CORP COM SER A 530307107 274 5,300 SH   SOLE   5,300 0 0
LIBERTY BROADBAND CORP COM SER C 530307305 275 5,300 SH   SOLE   5,300 0 0
LIBERTY GLOBAL PLC SHS CL A G5480U104 212 5,000 SH   SOLE   5,000 0 0
LIBERTY GLOBAL PLC SHS CL C G5480U120 302 7,400 SH   SOLE   7,400 0 0
LEAR CORP COM NEW 521865204 368 3,000 SH   SOLE   3,000 0 0
LITTELFUSE INC COM 537008104 289 2,700 SH   SOLE   2,700 0 0
LIBERTY INTERACTIVE CORP QVC GPCOMSERA 53071M104 219 8,000 SH   SOLE   8,000 0 0
LKQ CORP COM 501889208 388 13,100 SH   SOLE   13,100 0 0
LIBERTY MEDIA CORP DELAWARE CL A 531229102 283 7,200 SH   SOLE   7,200 0 0
LOCKHEED MARTIN CORP COM 539830109 1,260 5,800 SH   SOLE   5,800 0 0
LOWES COS INC COM 548661107 274 3,600 SH   SOLE   3,600 0 0
ISHARES TR IBOXX INV CP ETF 464287242 353 3,100 SH   SOLE   3,100 0 0
LANDSTAR SYS INC COM 515098101 252 4,300 SH   SOLE   4,300 0 0
LIBERTY TRIPADVISOR HLDGS IN CL A 531465102 303 10,000 SH   SOLE   10,000 0 0
LEUCADIA NATL CORP COM 527288104 217 12,500 SH   SOLE   12,500 0 0
LIBERTY INTERACTIVE CORP LBT VENT COM A 53071M880 209 4,637 SH   SOLE   4,637 0 0
LLOYDS BANKING GROUP PLC SPONSORED ADR 539439109 87 20,000 SH   SOLE   20,000 0 0
MAIN STREET CAPITAL CORP COM 56035L104 7,852 270,000 SH   SOLE   270,000 0 0
MATTEL INC COM 577081102 2,554 94,000 SH   SOLE   94,000 0 0
MATTHEWS INTL CORP CL A 577128101 321 6,000 SH   SOLE   6,000 0 0
MCDONALDS CORP COM 580135101 295 2,500 SH   SOLE   2,500 0 0
MOODYS CORP COM 615369105 251 2,500 SH   SOLE   2,500 0 0
MDC PARTNERS INC CLA SUB VTG 552697104 267 12,300 SH   SOLE   12,300 0 0
MONDELEZ INTL INC CL A 609207105 224 5,000 SH   SOLE   5,000 0 0
METLIFE INC COM 59156R108 1,205 25,000 SH   SOLE   25,000 0 0
MFA FINL INC COM 55272X102 792 120,000 SH   SOLE   120,000 0 0
MARINE HARVEST ASA SPONSORED ADR 56824R205 165 12,500 SH   SOLE   12,500 0 0
MAIDEN HOLDINGS LTD SHS G5753U112 3,131 210,000 SH   SOLE   210,000 0 0
ADVISORSHARES TR NEWFLT MULSINC 00768Y727 1,404 29,000 SH   SOLE   29,000 0 0
AG MTG INVT TR INC COM 001228105 4,751 370,000 SH   SOLE   370,000 0 0
MARKEL CORP COM 570535104 353 400 SH   SOLE   400 0 0
MERIT MED SYS INC COM 589889104 270 14,500 SH   SOLE   14,500 0 0
MANNING & NAPIER INC CL A 56382Q102 340 40,000 SH   SOLE   40,000 0 0
ALTRIA GROUP INC COM 02209S103 1,485 25,500 SH   SOLE   25,500 0 0
MOSAIC CO NEW COM 61945C103 1,545 56,000 SH   SOLE   56,000 0 0
MONROE CAP CORP COM 610335101 170 13,000 SH   SOLE   13,000 0 0
MERCK & CO INC COM 589331107 2,298 43,500 SH   SOLE   43,500 0 0
MORGAN STANLEY EMER MKTS DEB COM 61744H105 189 22,000 SH   SOLE   22,000 0 0
MICROSOFT CORP COM 594918104 2,441 44,000 SH   SOLE   44,000 0 0
M & T BK CORP COM 55261F104 242 2,000 SH   SOLE   2,000 0 0
MITSUBISHI UFJ FINL GROUP IN SPONSORED ADR 606822104 137 22,000 SH   SOLE   22,000 0 0
MAXIM INTEGRATED PRODS INC COM 57772K101 2,470 65,000 SH   SOLE   65,000 0 0
MYLAN INC COM 628530107 260 4,800 SH   SOLE   4,800 0 0
NATHANS FAMOUS INC NEW COM 632347100 309 6,000 SH   SOLE   6,000 0 0
NEXTERA ENERGY INC COM 65339F101 2,763 26,600 SH   SOLE   26,600 0 0
NEWMARKET CORP COM 651587107 228 600 SH   SOLE   600 0 0
NEW MEDIA INVT GROUP INC COM 64704V106 2,433 125,000 SH   SOLE   125,000 0 0
NATIONAL GRID PLC SPON ADR NEW 636274300 1,878 27,000 SH   SOLE   27,000 0 0
NEUBERGER BERMAN HGH YLD FD COM 64128C106 2,089 207,000 SH   SOLE   207,000 0 0
NIKE INC CL B 654106103 413 6,600 SH   SOLE   6,600 0 0
NIELSEN HLDGS PLC SHS EUR G6518L108 2,027 43,500 SH   SOLE   43,500 0 0
ANNALY CAP MGMT INC COM 035710409 10,037 1,070,000 SH   SOLE   1,070,000 0 0
NEW MTN FIN CORP COM 647551100 5,273 405,000 SH   SOLE   405,000 0 0
NOAH HLDGS LTD SPONSORED ADS 65487X102 265 9,500 SH   SOLE   9,500 0 0
NEW RESIDENTIAL INVT CORP COM 64828T102 11,430 940,000 SH   SOLE   940,000 0 0
NUVEEN SR INCOME FD COM 67067Y104 2,602 451,000 SH   SOLE   451,000 0 0
NORTHERN TR CORP COM 665859104 288 4,000 SH   SOLE   4,000 0 0
NOVO-NORDISK A S ADR 670100205 290 5,000 SH   SOLE   5,000 0 0
QUANEX BUILDING PRODUCTS COR COM 747619104 292 14,000 SH   SOLE   14,000 0 0
OLIN CORP COM PAR $1 680665205 810 46,939 SH   SOLE   46,939 0 0
ONE LIBERTY PPTYS INC COM 682406103 934 43,517 SH   SOLE   43,517 0 0
ORMAT TECHNOLOGIES INC COM 686688102 230 6,300 SH   SOLE   6,300 0 0
ORACLE CORP COM 68389X105 226 6,200 SH   SOLE   6,200 0 0
O REILLY AUTOMOTIVE INC NEW COM 67103H107 380 1,500 SH   SOLE   1,500 0 0
OMNIVISION TECHNOLOGIES INC COM 682128103 290 10,000 SH   SOLE   10,000 0 0
PACWEST BANCORP DEL COM 695263103 237 5,500 SH   SOLE   5,500 0 0
PALO ALTO NETWORKS INC COM 697435105 282 1,600 SH   SOLE   1,600 0 0
PRESTIGE BRANDS HLDGS INC COM 74112D101 350 6,800 SH   SOLE   6,800 0 0
PFIZER INC COM 717081103 2,450 75,900 SH   SOLE   75,900 0 0
ISHARES TR U.S. PFD STK ETF 464288687 3,092 79,600 SH   SOLE   79,600 0 0
PENNANTPARK FLOATING RATE CA COM 70806A106 653 58,000 SH   SOLE   58,000 0 0
PROCTER & GAMBLE CO COM 742718109 2,104 26,500 SH   SOLE   26,500 0 0
PGT INC COM 69336V101 325 28,500 SH   SOLE   28,500 0 0
PIONEER FLOATING RATE TR COM 72369J102 1,915 176,500 SH   SOLE   176,500 0 0
POWERSHARES ETF TRUST II DWA EMKT MOM PTF 73936Q207 197 13,200 SH   SOLE   13,200 0 0
PHILIP MORRIS INTL INC COM 718172109 1,477 16,800 SH   SOLE   16,800 0 0
PENNYMAC MTG INVT TR COM 70931T103 7,424 486,500 SH   SOLE   486,500 0 0
PTC INC COM 69370C100 225 6,500 SH   SOLE   6,500 0 0
PANERA BREAD CO CL A 69840W108 312 1,600 SH   SOLE   1,600 0 0
POTASH CORP SASK INC COM 73755L107 1,527 89,200 SH   SOLE   89,200 0 0
PPG INDS INC COM 693506107 257 2,600 SH   SOLE   2,600 0 0
PPL CORP COM 69351T106 1,707 50,000 SH   SOLE   50,000 0 0
REYNOLDS AMERICAN INC COM 761713106 1,500 32,500 SH   SOLE   32,500 0 0
REGENERON PHARMACEUTICALS COM 75886F107 380 700 SH   SOLE   700 0 0
RELX NV SPONSORED ADR 75955B102 285 16,918 SH   SOLE   16,918 0 0
REGAL ENTMT GROUP CL A 758766109 3,212 170,200 SH   SOLE   170,200 0 0
RAYMOND JAMES FINANCIAL INC COM 754730109 290 5,000 SH   SOLE   5,000 0 0
RYANAIR HLDGS PLC SPONSORED ADR 783513104 263 3,046 SH   SOLE   3,046 0 0
SAFETY INS GROUP INC COM 78648T100 226 4,000 SH   SOLE   4,000 0 0
BANCO SANTANDER SA ADR 05964H105 97 19,876 SH   SOLE   19,876 0 0
SAP AG SPON ADR 803054204 269 3,400 SH   SOLE   3,400 0 0
STARBUCKS CORP COM 855244109 384 6,400 SH   SOLE   6,400 0 0
WESTERN ASSET WORLDWIDE INCO COM 957668106 645 64,000 SH   SOLE   64,000 0 0
SCHWAB STRATEGIC TR EMRG MKTEQ ETF 808524706 259 13,300 SH   SOLE   13,300 0 0
SCHWAB STRATEGIC TR US AGGREGATE B 808524839 350 6,800 SH   SOLE   6,800 0 0
ISHARES MSCI JAPN SMCETF 464286582 263 4,500 SH   SOLE   4,500 0 0
STELLUS CAP INVT CORP COM 858568108 1,880 195,000 SH   SOLE   195,000 0 0
SPDR SERIES TRUST BARC SHT TR CP 78464A474 350 11,500 SH   SOLE   11,500 0 0
ISHARES EAFE SML CP ETF 464288273 275 5,500 SH   SOLE   5,500 0 0
STIFEL FINL CORP COM 860630102 212 5,000 SH   SOLE   5,000 0 0
SHIP FINANCE INTERNATIONAL L SHS G81075106 2,154 130,000 SH   SOLE   130,000 0 0
SIGNET JEWELERS LIMITED SHS G81276100 297 2,400 SH   SOLE   2,400 0 0
SILICON MOTION TECHNOLOGY CO SPONSORED ADR 82706C108 292 9,300 SH   SOLE   9,300 0 0
SIRONA DENTAL SYSTEMS INC COM 82966C103 307 2,800 SH   SOLE   2,800 0 0
SIX FLAGS ENTMT CORP NEW COM 83001A102 2,719 49,500 SH   SOLE   49,500 0 0
SCHLUMBERGER LTD COM 806857108 816 11,700 SH   SOLE   11,700 0 0
U S SILICA HLDGS INC COM 90346E103 309 16,500 SH   SOLE   16,500 0 0
SUN LIFE FINL INC COM 866796105 234 7,500 SH   SOLE   7,500 0 0
SOLAR CAP LTD COM 83413U100 7,065 430,000 SH   SOLE   430,000 0 0
NEW SR INVT GROUP INC COM 648691103 99 10,000 SH   SOLE   10,000 0 0
SANOFI SPONSORED ADR 80105N105 1,941 45,500 SH   SOLE   45,500 0 0
SPIRIT RLTY CAP INC COM 84860F109 130 13,000 SH   SOLE   13,000 0 0
STERIS CORP COM 859152100 339 4,500 SH   SOLE   4,500 0 0
STEEL DYNAMICS INC COM 858119100 198 11,100 SH   SOLE   11,100 0 0
STARZ LIBRTY CAP COM A 85571Q102 268 8,000 SH   SOLE   8,000 0 0
STARWOOD PPTY TR INC COM 85571B105 9,252 450,000 SH   SOLE   450,000 0 0
SYSCO CORP COM 871829107 1,845 45,000 SH   SOLE   45,000 0 0
AT & T CORP COM 00206R102 7,499 217,922 SH   SOLE   217,922 0 0
TRIANGLE CAP CORP COM 895848109 5,366 280,800 SH   SOLE   280,800 0 0
TCP CAP CORP COM 87238Q103 5,851 420,000 SH   SOLE   420,000 0 0
THL CR INC COM 872438106 4,729 442,000 SH   SOLE   442,000 0 0
TELEDYNE TECHNOLOGIES INC COM 879360105 266 3,000 SH   SOLE   3,000 0 0
TELEFONICA S A SPONSORED ADR 879382208 125 11,314 SH   SOLE   11,314 0 0
TEMPLETON EMERG MKTS INCOME COM 880192109 499 50,000 SH   SOLE   50,000 0 0
TARGET CORP COM 87612E106 2,018 27,800 SH   SOLE   27,800 0 0
HANOVER INS GROUP INC COM 410867105 325 4,000 SH   SOLE   4,000 0 0
THOR INDS INC COM 885160101 281 5,000 SH   SOLE   5,000 0 0
GENTHERM INC COM 37253A103 284 6,000 SH   SOLE   6,000 0 0
TURKCELL ILETISIM HIZMETLERI SPON ADR NEW 900111204 102 12,000 SH   SOLE   12,000 0 0
LMP CORPORATE LN FD INC COM 50208B100 1,136 115,000 SH   SOLE   115,000 0 0
TOYOTA MOTOR CORP SP ADR REP2COM 892331307 326 2,650 SH   SOLE   2,650 0 0
ISHARES MSCI KOKUSAI ETF 464288265 238 4,600 SH   SOLE   4,600 0 0
TOTAL S A SPONSORED ADR 89151E109 3,866 86,000 SH   SOLE   86,000 0 0
TRIPADVISOR INC COM 896945201 247 2,900 SH   SOLE   2,900 0 0
PRICE T ROWE GROUP INC COM 74144T108 214 3,000 SH   SOLE   3,000 0 0
TRACTOR SUPPLY CO COM 892356106 342 4,000 SH   SOLE   4,000 0 0
TESLA MTRS INC COM 88160R101 240 1,000 SH   SOLE   1,000 0 0
TPG SPECIALTY LENDING INC COM 87265K102 7,948 490,000 SH   SOLE   490,000 0 0
TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADR 874039100 330 14,500 SH   SOLE   14,500 0 0
TORO CO COM 891092108 329 4,500 SH   SOLE   4,500 0 0
TAKE-TWO INTERACTIVE SOFTWAR COM 874054109 401 11,500 SH   SOLE   11,500 0 0
TOWERS WATSON & CO CL A 891894107 295 2,300 SH   SOLE   2,300 0 0
TWO HBRS INVT CORP COM 90187B101 9,918 1,224,400 SH   SOLE   1,224,400 0 0
TRI CONTL CORP COM 895436103 1,406 70,239 SH   SOLE   70,239 0 0
UNIVERSAL AMERN CORP NEW COM 91338E101 203 29,000 SH   SOLE   29,000 0 0
ULTA SALON COSMETCS & FRAG I COM 90384S303 352 1,900 SH   SOLE   1,900 0 0
ULTIMATE SOFTWARE GROUP INC COM 90385D107 293 1,500 SH   SOLE   1,500 0 0
VANGUARD SCOTTSDALE FDS INT-TERM CORP 92206C870 345 4,100 SH   SOLE   4,100 0 0
VANGUARD SCOTTSDALE FDS SHRT TRM CORP BD 92206C409 1,540 19,500 SH   SOLE   19,500 0 0
VANGUARD INTL EQUITY INDEX F ALLWRLD EX US 922042775 260 6,000 SH   SOLE   6,000 0 0
VANGUARD INTL EQUITY INDEX F FTSE EUROPE ETF 922042874 451 9,050 SH   SOLE   9,050 0 0
VALERO ENERGY CORP NEW COM 91913Y100 276 3,900 SH   SOLE   3,900 0 0
INVESCO HIGH INCOME TR II COM 46131F101 1,157 90,000 SH   SOLE   90,000 0 0
VANTIV INC CL A 92210H105 308 6,500 SH   SOLE   6,500 0 0
VODAFONE GROUP PLC NEW SPONS ADR NEW 92857W209 1,807 56,000 SH   SOLE   56,000 0 0
VANGUARD INTL EQUITY INDEX F FTSE PACIFIC ETF 922042866 227 4,000 SH   SOLE   4,000 0 0
VALIDUS HOLDINGS LTD COM SHS G9319H102 694 15,000 SH   SOLE   15,000 0 0
POWERSHARES ETF TR II VAR RATE PFD POR 73937B597 352 14,500 SH   SOLE   14,500 0 0
VANGUARD INTL EQUITY INDEX F FTSE SMCAP ETF 922042718 232 2,500 SH   SOLE   2,500 0 0
INVESCO DYNAMIC CR OPP FD COM 46132R104 4,959 470,000 SH   SOLE   470,000 0 0
VIAD CORP COM NEW 92552R406 282 10,000 SH   SOLE   10,000 0 0
INVESCO SR INCOME TR COM 46131H107 1,495 370,000 SH   SOLE   370,000 0 0
VERIZON COMMUNICATIONS INC COM 92343V104 6,555 141,809 SH   SOLE   141,809 0 0
WABTEC CORP COM 929740108 256 3,600 SH   SOLE   3,600 0 0
WEBMD HEALTH CORP COM 94770V102 314 6,500 SH   SOLE   6,500 0 0
WASTE CONNECTIONS INC COM 941053100 338 6,000 SH   SOLE   6,000 0 0
WISDOMTREE INVTS INC COM 97717P104 224 14,300 SH   SOLE   14,300 0 0
WHITEHORSE FIN INC COM 96524V106 918 80,000 SH   SOLE   80,000 0 0
WIPRO LTD SPON ADR 1 SH 97651M109 224 19,400 SH   SOLE   19,400 0 0
WAL-MART STORES INC COM 931142103 1,986 32,400 SH   SOLE   32,400 0 0
VCA INC COM 918194101 358 6,500 SH   SOLE   6,500 0 0
WOODWARD INC COM 980745103 273 5,500 SH   SOLE   5,500 0 0
CLAYMORE EXCHANGE-TRD FD TR GUGG CHINA ALLCP 18385P101 225 9,000 SH   SOLE   9,000 0 0
ZAIS FINL CORP COM 98886K108 5,504 365,000 SH   SOLE   365,000 0 0
ZOETIS INC CL A 98978V103 264 5,500 SH   SOLE   5,500 0 0