Location: Carlsbad, CA
CIK: 0001568303 · Show all filings
Period: Q3 2015 (← Previous) (Next →)
Filing Date: Nov 10, 2015
Total Value: $484M (99.8% shares, 0.2% debt)
| Ticker | Issuer | Shares | Value | % | Share Price | Est. Cost/Share | Unrealized @ Report Date | Class | CUSIP |
|---|---|---|---|---|---|---|---|---|---|
| — | LEVEL 3 COMMUNICATIONS INC | 1,930,211 | $84.33M | 17.4% | $43.69 | $22.20 | — | COM NEW | 52729N308 |
| — | CHIMERA INVT CORP | 4,209,375 | $56.28M | 11.6% | $13.37 | $13.69 | — | COM NEW | 16934Q208 |
| CSCO | CISCO SYS INC | 120,000 | $31.15M | 6.4% | $259.58 * | $15.24 | +28.5% | COM | 17275R102 |
| — | WEST CORP | 876,422 | $19.63M | 4.1% | $22.40 | $23.83 | — | COM | 952355204 |
| SUI | SUN CMNTYS INC | 270,148 | $18.3M | 3.8% | $67.76 | $67.76 | — | COM | 866674104 |
| EPD | ENTERPRISE PRODS PARTNERS L | 679,022 | $16.91M | 3.5% | $24.90 | $51.23 | — | COM | 293792107 |
| — | CYS INVTS INC | 2,120,310 | $15.39M | 3.2% | $7.26 | $8.46 | — | COM | 12673A108 |
| — | ANNALY CAP MGMT INC | 1,361,822 | $13.44M | 2.8% | $9.87 | $12.54 | — | COM | 035710409 |
| BKD | BROOKDALE SR LIVING INC | 568,940 | $13.06M | 2.7% | $22.96 * | $27.55 | +7.2% | COM | 112463104 |
| SYK | STRYKER CORP | 131,220 | $12.35M | 2.6% | $94.10 * | $56.92 | +54.4% | COM | 863667101 |
| GS | GOLDMAN SACHS GROUP INC | 69,400 | $12.06M | 2.5% | $173.76 * | $120.06 | +32.3% | COM | 38141G104 |
| — | TWO HBRS INVT CORP | 1,307,654 | $11.53M | 2.4% | $8.82 | $10.07 | — | COM | 90187B101 |
| — | GENERAL ELECTRIC CO | 427,069 | $10.77M | 2.2% | $25.22 | $23.19 | — | COM | 369604103 |
| — | MFA FINL INC | 1,218,300 | $8.297M | 1.7% | $6.81 | $7.97 | — | COM | 55272X102 |
| — | ELLINGTON FINANCIAL LLC | 442,344 | $7.909M | 1.6% | $17.88 | $22.62 | — | COM | 288522303 |
| — | MVC CAPITAL INC | 943,994 | $7.75M | 1.6% | $8.21 | $11.58 | — | COM | 553829102 |
| SLRC | SOLAR CAP LTD | 479,013 | $7.578M | 1.6% | $15.82 * | $6.98 | -4.6% | COM | 83413U100 |
| — | SOLAR SR CAP LTD | 462,645 | $6.579M | 1.4% | $14.22 | $16.13 | — | COM | 83416M105 |
| ARI | APOLLO COML REAL EST FIN INC | 389,285 | $6.116M | 1.3% | $15.71 | $15.82 | — | COM | 03762U105 |
| — | ALLIED WRLD ASSUR COM HLDG A | 150,440 | $5.742M | 1.2% | $38.17 | $55.85 | — | SHS | H01531104 |
| NMFC | NEW MTN FIN CORP | 360,100 | $4.894M | 1.0% | $13.59 * | $3.97 | +21.5% | COM | 647551100 |
| — | ZAIS FINL CORP | 343,168 | $4.598M | 1.0% | $13.40 | $17.49 | — | COM | 98886K108 |
| — | THL CR INC | 392,893 | $4.29M | 0.9% | $10.92 | $11.95 | — | COM | 872438106 |
| GSBD | GOLDMAN SACHS BDC INC | 228,702 | $4.21M | 0.9% | $18.41 * | $22.86 | 0.0% | SHS | 38147U107 |
| PNNT | PENNANTPARK INVT CORP | 647,056 | $4.186M | 0.9% | $6.47 * | $2.47 | -14.7% | COM | 708062104 |
| — | BARRICK GOLD CORP | 582,197 | $3.703M | 0.8% | $6.36 | $14.59 | — | COM | 067901108 |
| — | COMCAST CORP NEW | 60,000 | $3.434M | 0.7% | $57.23 | $39.67 | — | CL A SPL | 20030N200 |
| — | NUSTAR ENERGY LP | 70,406 | $3.156M | 0.7% | $44.83 | $45.65 | — | UNIT COM | 67058H102 |
| NEM | NEWMONT MINING CORP | 192,763 | $3.098M | 0.6% | $16.07 * | $17.09 | -18.0% | COM | 651639106 |
| GM | GENERAL MTRS CO | 88,211 | $2.648M | 0.5% | $30.02 * | $26.01 | -7.1% | COM | 37045V100 |
| PFE | PFIZER INC | 84,247 | $2.646M | 0.5% | $31.41 * | $16.46 | +25.2% | COM | 717081103 |
| STWD | STARWOOD PPTY TR INC | 126,853 | $2.603M | 0.5% | $20.52 | $24.25 | — | COM | 85571B105 |
| ZBH | ZIMMER BIOMET HLDGS INC | 27,100 | $2.546M | 0.5% | $93.95 * | $67.30 | +36.7% | COM | 98956P102 |
| — | ENERGY TRANSFER PRTNRS L P | 61,380 | $2.521M | 0.5% | $41.07 | $52.20 | — | UNIT LTD PARTN | 29273R109 |
| BXMT | BLACKSTONE MTG TR INC | 81,949 | $2.249M | 0.5% | $27.44 | $28.24 | — | COM CL A | 09257W100 |
| — | TARGA RESOURCES PARTNERS LP | 76,095 | $2.21M | 0.5% | $29.04 | $50.45 | — | COM UNIT | 87611X105 |
| PFLT | PENNANTPARK FLOATING RATE CA | 178,384 | $2.13M | 0.4% | $11.94 * | $4.26 | +4.7% | COM | 70806A106 |
| EXC | EXELON CORP | 70,000 | $2.079M | 0.4% | $29.70 * | $15.41 | +1.0% | COM | 30161N101 |
| AAPL | APPLE INC | 2,400 | $2.072M | 0.4% | $863.33 | — | — | Call | 037833100 |
| SYNA | SYNAPTICS INC | 25,073 | $2.068M | 0.4% | $82.48 * | $66.96 | +12.9% | COM | 87157D109 |
| BKD | BROOKDALE SR LIVING INC | 1,300 | $1.918M | 0.4% | $1475.38 * | $27.55 | +7.2% | Put | 112463104 |
| — | FACTORSHARES TR | 75,000 | $1.894M | 0.4% | $25.25 | $26.70 | — | ISE CYBER SEC | 30304R407 |
| MSFT | MICROSOFT CORP | 42,400 | $1.877M | 0.4% | $44.27 * | $26.70 | +45.8% | COM | 594918104 |
| HRZN | HORIZON TECHNOLOGY FIN CORP | 202,554 | $1.833M | 0.4% | $9.05 * | $3.32 | -2.3% | COM | 44045A102 |
| — | MEDLEY CAP CORP | 245,497 | $1.826M | 0.4% | $7.44 | $10.20 | — | COM | 58503F106 |
| — | TC PIPELINES LP | 38,000 | $1.809M | 0.4% | $47.61 | $48.29 | — | UT COM LTD PRT | 87233Q108 |
| XOM | EXXON MOBIL CORP | 23,240 | $1.728M | 0.4% | $74.35 * | $53.69 | -8.6% | COM | 30231G102 |
| — | CALUMET SPECIALTY PRODS PTNR | 69,547 | $1.689M | 0.3% | $24.29 | $36.38 | — | UT LTD PARTNER | 131476103 |
| — | TRANSATLANTIC PETROLEUM LTD | 686,528 | $1.676M | 0.3% | $2.44 | $8.35 | — | SHS NEW | G89982113 |
| — | AMERICAN CAPITAL AGENCY CORP | 87,633 | $1.639M | 0.3% | $18.70 | $20.16 | — | COM | 02503X105 |
| — | MB FINANCIAL INC NEW | 50,000 | $1.632M | 0.3% | $32.64 | $26.80 | — | COM | 55264U108 |
| — | BUCKEYE PARTNERS L P | 26,963 | $1.598M | 0.3% | $59.27 | $69.06 | — | UNIT LTD PARTN | 118230101 |
| RIG | TRANSOCEAN LTD | 121,138 | $1.565M | 0.3% | $12.92 * | $24.77 | -44.0% | REG SHS | H8817H100 |
| FDUS | FIDUS INVT CORP | 109,784 | $1.513M | 0.3% | $13.78 * | $4.66 | -0.7% | COM | 316500107 |
| LLY | LILLY ELI & CO | 18,000 | $1.506M | 0.3% | $83.67 * | $42.21 | +66.9% | COM | 532457108 |
| — | MAGELLAN MIDSTREAM PRTNRS LP | 24,600 | $1.479M | 0.3% | $60.12 | $54.51 | — | COM UNIT RP LP | 559080106 |
| — | PLAINS GP HLDGS L P | 82,000 | $1.435M | 0.3% | $17.50 | $25.78 | — | SHS A REP LTPN | 72651A108 |
| — | JPMORGAN CHASE & CO | 70,200 | $1.398M | 0.3% | $19.91 | — | — | Call | 46634E114 |
| MCD | MCDONALDS CORP | 1,750 | $1.388M | 0.3% | $793.14 | — | — | Call | 580135101 |
| TR | TOOTSIE ROLL INDS INC | 38,736 | $1.212M | 0.3% | $31.29 * | $22.10 | +13.8% | COM | 890516107 |
| ABBV | ABBVIE INC | 22,000 | $1.197M | 0.2% | $54.41 * | $26.55 | +60.2% | COM | 00287Y109 |
| CFG | CITIZENS FINL GROUP INC | 44,000 | $1.05M | 0.2% | $23.86 * | $17.55 | 0.0% | COM | 174610105 |
| — | OCWEN FINL CORP | 151,400 | $1.016M | 0.2% | $6.71 | $13.85 | — | COM NEW | 675746309 |
| NEWT | NEWTEK BUSINESS SVCS CORP | 59,100 | $971K | 0.2% | $16.43 * | $13.70 | +28.9% | COM NEW | 652526203 |
| — | E M C CORP MASS | 40,000 | $966K | 0.2% | $24.15 | $23.63 | — | COM | 268648102 |
| — | ISTAR INC | 75,000 | $944K | 0.2% | $12.59 | $11.29 | — | COM | 45031U101 |
| ABT | ABBOTT LABS | 22,000 | $885K | 0.2% | $40.23 * | $28.85 | +34.5% | COM | 002824100 |
| ZTS | ZOETIS INC | 21,174 | $872K | 0.2% | $41.18 * | $29.32 | +45.8% | CL A | 98978V103 |
| MDLZ | MONDELEZ INTL INC | 20,000 | $837K | 0.2% | $41.85 * | $23.16 | +47.0% | CL A | 609207105 |
| KGC | KINROSS GOLD CORP | 463,352 | $797K | 0.2% | $1.72 * | $4.62 | -60.5% | COM NO PAR | 496902404 |
| HTGC | HERCULES TECH GROWTH CAP INC | 77,982 | $788K | 0.2% | $10.10 * | $11.34 | 0.0% | COM | 427096508 |
| — | ZAIS GROUP HLDGS INC | 80,992 | $763K | 0.2% | $9.42 | $9.16 | — | COM | 98887G106 |
| — | INVESCO MORTGAGE CAPITAL INC | 60,834 | $745K | 0.2% | $12.25 | $16.57 | — | COM | 46131B100 |
| — | LAYNE CHRISTENSEN CO | 1,000,000 | $733K | 0.2% | $0.73 | $0.68 | — | NOTE 4.250%11/1 | 521050AB0 |
| — | SILVER BAY RLTY TR CORP | 36,791 | $589K | 0.1% | $16.01 | $16.55 | — | COM | 82735Q102 |
| — | BOARDWALK PIPELINE PARTNERS | 49,796 | $586K | 0.1% | $11.77 | $30.20 | — | UT LTD PARTNER | 096627104 |
| — | TOTAL S A | 12,500 | $559K | 0.1% | $44.72 | $48.70 | — | SPONSORED ADR | 89151E109 |
| PMT | PENNYMAC MTG INVT TR | 35,500 | $549K | 0.1% | $15.46 | $15.46 | — | COM | 70931T103 |
| — | GENERAL GROWTH PPTYS INC NEW | 20,719 | $538K | 0.1% | $25.97 | $19.87 | — | COM | 370023103 |
| — | STARWOOD WAYPOINT RESIDENTL | 22,350 | $533K | 0.1% | $23.85 | $28.77 | — | COM SHS | 85571W109 |
| — | NUVEEN PREM INCOME MUN FD | 37,251 | $499K | 0.1% | $13.40 | $12.32 | — | COM | 67062T100 |
| — | ALTISOURCE PORTFOLIO SOLNS S | 20,000 | $477K | 0.1% | $23.85 | $30.80 | — | REG SHS | L0175J104 |
| — | AMERICAN CAP LTD | 38,000 | $462K | 0.1% | $12.16 | $14.79 | — | COM | 02503Y103 |
| KBR | KBR INC | 27,000 | $450K | 0.1% | $16.67 * | $26.54 | -43.0% | COM | 48242W106 |
| EARN | ELLINGTON RESIDENTIAL MTG RE | 36,573 | $444K | 0.1% | $12.14 | $15.62 | — | COM SHS BEN INT | 288578107 |
| VALE | VALE S A | 105,600 | $444K | 0.1% | $4.20 | $13.15 | — | ADR | 91912E105 |
| SYNA | SYNAPTICS INC | 250 | $443K | 0.1% | $1772.00 * | $66.96 | +12.9% | Call | 87157D109 |
| — | APOLLO INVT CORP | 80,800 | $443K | 0.1% | $5.48 | $8.48 | — | COM | 03761U106 |
| — | FS INVT CORP | 42,200 | $393K | 0.1% | $9.31 | $9.31 | — | COM | 302635107 |
| — | INVESCO QUALITY MUNI INC TRS | 30,674 | $373K | 0.1% | $12.16 | $11.12 | — | COM | 46133G107 |
| — | INVESCO MUN OPPORTUNITY TR | 27,800 | $350K | 0.1% | $12.59 | $11.73 | — | COM | 46132C107 |
| COP | CONOCOPHILLIPS | 7,200 | $345K | 0.1% | $47.92 * | $39.96 | -7.9% | COM | 20825C104 |
| — | INVESCO MUN TR | 26,900 | $330K | 0.1% | $12.27 | $11.60 | — | COM | 46131J103 |
| — | INVESCO ADVANTAGE MUNICIPAL | 28,300 | $321K | 0.1% | $11.34 | $10.53 | — | SH BEN INT | 46132E103 |
| — | EATON VANCE MUN BD FD | 25,500 | $319K | 0.1% | $12.51 | $11.29 | — | COM | 27827X101 |
| — | INVESCO TR INVT GRADE MUNS | 24,400 | $315K | 0.1% | $12.91 | $12.17 | — | COM | 46131M106 |
| — | CONCHO RES INC | 150 | $313K | 0.1% | $2086.67 | — | — | Put | 20605P101 |
| RITM | NEW RESIDENTIAL INVT CORP | 19,646 | $257K | 0.1% | $13.08 | $15.02 | — | COM NEW | 64828T201 |
| — | PUTNAM MANAGED MUN INCOM TR | 32,800 | $235K | 0.0% | $7.16 | $6.65 | — | COM | 746823103 |
| — | PENNEY J C INC | 25,000 | $232K | 0.0% | $9.28 | $8.62 | — | COM | 708160106 |
| EPR | EPR PPTYS | 4,400 | $227K | 0.0% | $51.59 | $57.56 | — | COM SH BEN INT | 26884U109 |
| KMI | KINDER MORGAN INC DEL | 7,600 | $210K | 0.0% | $27.63 * | $20.66 | -5.4% | COM | 49456B101 |
| — | LEVEL 3 COMMUNICATIONS INC | 500 | $203K | 0.0% | $406.00 | $22.20 | — | Call | 52729N308 |
| GM | GENERAL MTRS CO | 750 | $196K | 0.0% | $261.33 * | $26.01 | -7.1% | Call | 37045V100 |
| — | AMERICAN CAP LTD | 2,300 | $146K | 0.0% | $63.48 | $14.79 | — | Call | 02503Y103 |
| — | VALE S A | 37,500 | $126K | 0.0% | $3.36 | $12.16 | — | ADR REPSTG PFD | 91912E204 |
| — | HI-CRUSH PARTNERS LP | 10,000 | $75,000 | 0.0% | $7.50 | $35.10 | — | COM UNIT LTD | 428337109 |
| — | OCWEN FINL CORP | 400 | $41,000 | 0.0% | $102.50 | $13.85 | — | Call | 675746309 |
| — | FACTORSHARES TR | 416 | $40,000 | 0.0% | $96.15 | $26.70 | — | Call | 30304R407 |
| — | GENERAL MTRS CO | 938 | $19,000 | 0.0% | $20.26 | — | — | Call | 37045V118 |
| — | SANDRIDGE ENERGY INC | 61,162 | $17,000 | 0.0% | $0.28 | $4.76 | — | COM | 80007P307 |
| — | GENERAL MTRS CO. | 938 | $12,000 | 0.0% | $12.79 | — | — | Call | 34045V126 |
| BKD | BROOKDALE SR LIVING INC | 750 | $9,000 | 0.0% | $12.00 * | $27.55 | +7.2% | Call | 112463104 |