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
SENSATA TECHNOLOGIES HLDG NV SHS N7902X106 279 6,400 SH   DFND   0 6,400 0
SENSATA TECHNOLOGIES HLDG NV SHS N7902X106 1,904 43,600 SH   SOLE   43,600 0 0
AV HOMES INC COM 00234P102 826 50,199 SH   DFND   0 50,199 0
AV HOMES INC COM 00234P102 8,124 493,881 SH   SOLE   493,881 0 0
ADOBE SYSTEMS INC COM 00724F101 130 1,000 SH   DFND   0 1,000 0
ADOBE SYSTEMS INC COM 00724F101 1,041 8,000 SH   SOLE   8,000 0 0
ANHEUSER BUSCH INBEV SA/NV SPONSORED ADR 03524A108 1,544 14,065 SH   DFND   0 14,065 0
ANHEUSER BUSCH INBEV SA/NV SPONSORED ADR 03524A108 14,390 131,100 SH   SOLE   131,100 0 0
ATLANTIC CAPITAL BANCSHARES INC COM 048269203 2,581 136,208 SH   DFND   0 136,208 0
ATLANTIC CAPITAL BANCSHARES INC COM 048269203 15,220 803,159 SH   SOLE   803,159 0 0
BANK OF CALIFORNIA INC COM 05990K106 203 9,800 SH   DFND   0 9,800 0
BANK OF CALIFORNIA INC COM 05990K106 2,074 100,200 SH   SOLE   100,200 0 0
BLACKHAWK NETWORK HLDGS INC COM 09238E104 1,279 31,500 SH   DFND   0 31,500 0
BLACKHAWK NETWORK HLDGS INC COM 09238E104 10,256 252,600 SH   SOLE   252,600 0 0
BRIDGE BANCORP INC COM 108035106 13,258 378,805 SH   SOLE   378,805 0 0
CARE.COM INC COM 141633107 225 17,995 SH   DFND   0 17,995 0
CARE.COM INC COM 141633107 2,277 182,000 SH   SOLE   182,000 0 0
CISCO SYSTEMS INC COM 17275R102 152 4,500 SH Call DFND   0 4,500 0
CISCO SYSTEMS INC COM 17275R102 1,538 45,500 SH Call SOLE   45,500 0 0
CITIGROUP INC COM NEW 172967424 3,182 53,200 SH   DFND   0 53,200 0
CITIGROUP INC COM NEW 172967424 1,400 23,400 SH Call DFND   0 23,400 0
CITIGROUP INC COM NEW 172967424 19,543 326,700 SH   SOLE   326,700 0 0
CITIGROUP INC COM NEW 172967424 9,266 154,900 SH Call SOLE   154,900 0 0
COGENT COMMUNICATIONS HLDGS COM NEW 19239V302 595 13,819 SH   DFND   0 13,819 0
COGENT COMMUNICATIONS HLDGS COM NEW 19239V302 3,177 73,800 SH   SOLE   73,800 0 0
COMCAST CORP. CL A CL A 20030N101 361 9,600 SH   DFND   0 9,600 0
COMCAST CORP. CL A CL A 20030N101 2,646 70,400 SH   SOLE   70,400 0 0
DIEBOLD NXDF INC COM 253651103 111 3,600 SH   DFND   0 3,600 0
DIEBOLD NXDF INC COM 253651103 1,117 36,400 SH   SOLE   36,400 0 0
DIME COMMUNITY BANCSHARES COM 253922108 53 2,621 SH   DFND   0 2,621 0
DIME COMMUNITY BANCSHARES COM 253922108 542 26,700 SH   SOLE   26,700 0 0
DISCOVER FINANCIAL SERVICES COM 254709108 3,082 45,068 SH   DFND   0 45,068 0
DISCOVER FINANCIAL SERVICES COM 254709108 985 14,400 SH Call DFND   0 14,400 0
DISCOVER FINANCIAL SERVICES COM 254709108 18,841 275,500 SH   SOLE   275,500 0 0
DISCOVER FINANCIAL SERVICES COM 254709108 9,958 145,600 SH Call SOLE   145,600 0 0
EBAY INC COM 278642103 1,574 46,900 SH   DFND   0 46,900 0
EBAY INC COM 278642103 11,182 333,100 SH   SOLE   333,100 0 0
FOREST CITY RLTY TR INC COM CL A 345605109 431 19,800 SH   DFND   0 19,800 0
FOREST CITY RLTY TR INC COM CL A 345605109 3,162 145,200 SH   SOLE   145,200 0 0
IAC INTERACTIVECORP COM 44919P508 3,921 53,187 SH   DFND   0 53,187 0
IAC INTERACTIVECORP COM 44919P508 523 7,100 SH Call DFND   0 7,100 0
IAC INTERACTIVECORP COM 44919P508 30,889 419,000 SH   SOLE   419,000 0 0
IAC INTERACTIVECORP COM 44919P508 5,315 72,100 SH Call SOLE   72,100 0 0
ISHARES TR RUSSELL 2000 ETF 464287655 8,661 63,000 SH Put DFND   0 63,000 0
ISHARES TR RUSSELL 2000 ETF 464287655 87,575 637,000 SH Put SOLE   637,000 0 0
LAMAR ADVERTISING CO.CLASS A CL A 512816109 359 4,800 SH   DFND   0 4,800 0
LAMAR ADVERTISING CO.CLASS A CL A 512816109 2,631 35,200 SH   SOLE   35,200 0 0
LIBERTY INTR QVC GROUP QVC GP COM SER A 53071M104 819 40,900 SH   DFND   0 40,900 0
LIBERTY INTR QVC GROUP QVC GP COM SER A 53071M104 6,476 323,500 SH   SOLE   323,500 0 0
MACYS INC COM 55616P104 101 3,400 SH Call DFND   0 3,400 0
MACYS INC COM 55616P104 1,017 34,300 SH Call SOLE   34,300 0 0
MATCH GROUP INC COM 57665R106 1,133 69,382 SH   DFND   0 69,382 0
MATCH GROUP INC COM 57665R106 7,513 460,100 SH   SOLE   460,100 0 0
MICROSOFT CORP COM 594918104 1,752 26,600 SH   DFND   0 26,600 0
MICROSOFT CORP COM 594918104 15,207 230,900 SH   SOLE   230,900 0 0
NVIDIA CORP COM 67066G104 44 400 SH   DFND   0 400 0
NVIDIA CORP COM 67066G104 501 4,600 SH   SOLE   4,600 0 0
ON DECK CAPTIAL INC COM 682163100 142 28,238 SH   DFND   0 28,238 0
ON DECK CAPTIAL INC COM 682163100 1,440 285,700 SH   SOLE   285,700 0 0
ONEMAIN HLDGS INC COM 68268W103 244 9,800 SH   DFND   0 9,800 0
ONEMAIN HLDGS INC COM 68268W103 1,620 65,200 SH   SOLE   65,200 0 0
OPUS BK IRVINE CALIF COM 684000102 179 8,900 SH   DFND   0 8,900 0
OPUS BK IRVINE CALIF COM 684000102 1,836 91,100 SH   SOLE   91,100 0 0
PJT PARTNERS INC COM CL A 69343T107 1,142 32,548 SH   DFND   0 32,548 0
PJT PARTNERS INC COM CL A 69343T107 9,320 265,600 SH   SOLE   265,600 0 0
PACIFIC BIOSCIENCES OF CALIFOR COM 69404D108 1,333 257,910 SH   SOLE   257,910 0 0
PAYPAL HOLDINGS INC COM 70450Y103 56 1,300 SH   DFND   0 1,300 0
PAYPAL HOLDINGS INC COM 70450Y103 374 8,700 SH   SOLE   8,700 0 0
POWERSHARES QQQ TRUST UNIT SER 1 73935A104 291 2,200 SH Put DFND   0 2,200 0
POWERSHARES QQQ TRUST UNIT SER 1 73935A104 3,018 22,800 SH Put SOLE   22,800 0 0
REPUBLIC FIRST BANCORP INC COM 760416107 1,316 158,559 SH   DFND   0 158,559 0
REPUBLIC FIRST BANCORP INC COM 760416107 6,984 841,441 SH   SOLE   841,441 0 0
SBA COMMUNICATIONS CORP CL A 78410G104 337 2,800 SH   DFND   0 2,800 0
SBA COMMUNICATIONS CORP CL A 78410G104 2,973 24,700 SH   SOLE   24,700 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 20,156 85,500 SH Put DFND   0 85,500 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 203,797 864,500 SH Put SOLE   864,500 0 0
SPDR SERIES TRUST S&P BIOTECH 78464A870 125 1,800 SH Call DFND   0 1,800 0
SPDR SERIES TRUST S&P BIOTECH 78464A870 1,262 18,200 SH Call SOLE   18,200 0 0
SHORE TEL INC COM 825211105 188 30,600 SH   DFND   0 30,600 0
SHORE TEL INC COM 825211105 1,914 311,200 SH   SOLE   311,200 0 0
SHUTTERFLY INC COM 82568P304 3,717 76,974 SH   DFND   0 76,974 0
SHUTTERFLY INC COM 82568P304 27,951 578,814 SH   SOLE   578,814 0 0
TRIUMPH BANCORP INC COM 89679E300 673 26,073 SH   DFND   0 26,073 0
TRIUMPH BANCORP INC COM 89679E300 4,420 171,327 SH   SOLE   171,327 0 0
VULCAN MATERIALS CO COM 929160109 60 500 SH   DFND   0 500 0
VULCAN MATERIALS CO COM 929160109 590 4,900 SH   SOLE   4,900 0 0
XO GROUP INC COM 983772104 323 18,759 SH   DFND   0 18,759 0
XO GROUP INC COM 983772104 3,182 184,900 SH   SOLE   184,900 0 0