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
ARCONIC INC 5.375% PFD B 1 03965L308 17,446 446,743 SH   DFND 1 446,743 0 0
CITRIX SYS INC COM 177376100 5,239 68,200 SH   DFND 1 68,200 0 0
CTRIP COM INTL LTD NOTE 1.000% 7/0 22943FAF7 12,461 10,957,000 PRN   DFND 1 10,957,000 0 0
HOLOGIC INC COM 436440101 14,353 391,200 SH   DFND 1 391,200 0 0
ILLUMINA INC COM 452327109 1,088 5,461 SH   DFND 1 5,461 0 0
KROGER CO COM 501044101 4,514 225,000 SH   DFND 1 225,000 0 0
NABORS INDUSTRIES LTD SHS G6359F103 2,418 299,600 SH   DFND 1 299,600 0 0
NEW YORK CMNTY CAP TR V UNIT 11/01/2051 64944P307 24,702 485,137 SH   DFND 1 485,137 0 0
NMI HLDGS INC CL A 629209305 7,022 566,301 SH   DFND 1 566,301 0 0
NRG YIELD INC CL A NEW 62942X306 8,900 469,140 SH   DFND 1 469,140 0 0
SMART & FINAL STORES INC COM 83190B101 1,002 127,615 SH   DFND 1 127,615 0 0
SPROUTS FMRS MKT INC COM 85208M102 2,346 125,000 SH   DFND 1 125,000 0 0
STATE BK FINL CORP COM 856190103 5,677 198,135 SH   DFND 1 198,135 0 0
STERLING BANCORP DEL COM 85917A100 343 13,935 SH   DFND 1 13,935 0 0
SUPERVALU INC COM NEW 868536301 5,438 250,000 SH   DFND 1 250,000 0 0
TERADYNE INC COM 880770102 8,703 233,400 SH   DFND 1 233,400 0 0
WELLTOWER INC 6.50% PFD PREPET 95040Q203 7,236 114,440 SH   DFND 1 114,440 0 0
WORKDAY INC NOTE 0.750% 7/1 98138HAC5 26,015 20,000,000 PRN   DFND 1 20,000,000 0 0