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
AbbVie Inc. Common 00287Y109 403 5,000 SH   DFND 1 0 5,000 0
Acceleron Pharma, Inc. Common 00434H108 810 17,400 SH   DFND 2 17,400 0 0
Affimed N.V. Common N01045108 67 16,037 SH   DFND 2 16,037 0 0
Aimmune Therapeutics, Inc. Common 00900T107 1,231 55,056 SH   DFND 2 55,056 0 0
Alimera Sciences, Inc. Common 016259103 427 402,901 SH   DFND 2 402,901 0 0
AllianceBernstein Holdings LP Unit Ltd Common 01881G106 43 1,500 SH   DFND 1 1,500 0 0
AllianceBernstein Holdings LP Unit Ltd Common 01881G106 1,416 49,000 SH   DFND 1 0 49,000 0
Alerian MLP Common 00162Q866 6 600 SH   DFND 1 0 600 0
Alnylam Pharmaceuticals, Inc. Common 02043Q107 47 500 SH   DFND 2 500 0 0
Alphabet Inc-Cl C Common 02079K107 8,213 7,000 SH   DFND 2 7,000 0 0
American Outdoor Brands Corporation Common 02874P103 3,643 390,000 SH   DFND 2 390,000 0 0
Anadarko Petroleum Corporation Common 032511107 403 8,860 SH   DFND 1 8,860 0 0
Anadarko Petroleum Corporation Common 032511107 323 7,100 SH   DFND 1 0 7,100 0
Apollo Global Management, LLC Common 037612306 9,117 322,708 SH   DFND 2 322,708 0 0
Apple Inc. Common 037833100 4,559 24,000 SH   DFND 2 24,000 0 0
Apple Inc. Common 037833100 100 525 SH   DFND 1 525 0 0
Apple Inc. Common 037833100 100 525 SH   DFND 1 0 525 0
Arena Pharmaceuticals, Inc. Common 040047607 1,644 36,676 SH   DFND 2 36,676 0 0
AT&T Inc. Common 00206R102 64 2,050 SH   DFND 1 2,050 0 0
AT&T Inc. Common 00206R102 627 20,000 SH   DFND 1 0 20,000 0
Aurinia Pharmaceuticals Inc. Common 05156V102 343 52,700 SH   DFND 2 52,700 0 0
Bank Nova Scotia Halifax Common 064149107 21 400 SH   DFND 1 0 400 0
Bellicum Pharmaceuticals, Inc. Common 079481107 425 126,127 SH   DFND 2 126,127 0 0
BioDelivery Sciences International, Inc. Common 09060J106 2,123 400,500 SH   DFND 2 400,500 0 0
Biogen Inc. Common 09062X103 590 2,498 SH   DFND 2 2,498 0 0
Bristol-Myers Squibb Company Common 110122108 259 5,428 SH   DFND 2 5,428 0 0
Calumet Specialty Products Partners, LP Common 131476103 5,461 1,534,031 SH   DFND 2 1,534,031 0 0
Calumet Specialty Products Partners, LP Common 131476103 71 20,000 SH   DFND 1 20,000 0 0
Canadian Natural Resources Inc. Common 136385101 512 18,600 SH   DFND 1 18,600 0 0
Canadian Natural Resources Inc. Common 136385101 378 13,750 SH   DFND 1 0 13,750 0
Capitol Federal Financial, Inc. Common 14057J101 8,828 661,250 SH   DFND 2 661,250 0 0
Capitol Federal Financial, Inc. Common 14057J101 77 5,800 SH   DFND 1 5,800 0 0
Capitol Federal Financial, Inc. Common 14057J101 53 4,000 SH   DFND 1 0 4,000 0
Cara Therapeutics Inc Common 140755109 140 7,114 SH   DFND 2 7,114 0 0
Catalyst Pharmaceuticals, Inc. Common 14888U101 2,605 510,847 SH   DFND 2 510,847 0 0
Celgene Corporation Common 151020104 469 4,967 SH   DFND 2 4,967 0 0
Centerstate Banks Corp Common 15201P109 123 5,162 SH   DFND 1 5,162 0 0
Centerstate Banks Corp Common 15201P109 42 1,780 SH   DFND 1 0 1,780 0
Check Cap Ltd. Common M2361E203 6 2,224 SH   DFND 2 2,224 0 0
Check Cap Ltd. @7.50 Exp. 2/28/20 Common M2361E120 482 64,309 SH   DFND 2 64,309 0 0
Chemours Co. Common 163851108 27 720 SH   DFND 1 720 0 0
Chemours Co. Common 163851108 24 640 SH   DFND 1 0 640 0
Coherus Biosciences, Inc. Common 19249H103 552 40,469 SH   DFND 2 40,469 0 0
Colony Northstar Inc. Common 19625W104 8 1,466 SH   DFND 1 0 1,466 0
Coca Cola Common 191216100 272 5,800 SH   DFND 1 5,800 0 0
Coca Cola Common 191216100 356 7,600 SH   DFND 1 0 7,600 0
Columbia Financial, Inc. Common 197641103 366 23,363 SH   DFND 2 23,363 0 0
Community Healthcare Trust Incorporated Common 20369C106 2,153 60,000 SH   DFND 2 60,000 0 0
Conagra Brands Common 205887102 277 10,000 SH   DFND 1 0 10,000 0
Concert Pharmaceuticals, Inc. Common 206022105 1,009 83,607 SH   DFND 2 83,607 0 0
CoreCivic, Inc. Common 21871N101 1,459 75,000 SH   DFND 2 75,000 0 0
Cousins Properties Common 222795106 130 13,428 SH   DFND 1 0 13,428 0
Dell Technologies Inc. Common 24703L202 377 6,426 SH   DFND 2 6,426 0 0
Delta Air Lines, Inc. Common 247361702 2,970 57,500 SH   DFND 2 57,500 0 0
DowDupont Inc. Common 26078J100 239 4,486 SH   DFND 1 4,486 0 0
DowDupont Inc. Common 26078J100 1,768 33,158 SH   DFND 1 0 33,158 0
Eagle Materials Common 26969P108 19 228 SH   DFND 1 0 228 0
Eiger BioPharmaceuticals, Inc. Common 28249U105 1,836 131,333 SH   DFND 2 131,333 0 0
Eli Lilly Inc. Common 532457108 39 300 SH   DFND 1 0 300 0
Entegra Financial Corporation Common 29363J108 163 7,250 SH   DFND 1 7,250 0 0
Entegra Financial Corporation Common 29363J108 67 3,000 SH   DFND 1 0 3,000 0
Essential Properties Realty Trust, Inc. Common 29670E107 781 40,000 SH   DFND 2 40,000 0 0
FNB Corporation Common 302520101 94 8,905 SH   DFND 1 0 8,905 0
Foamix Pharmaceuticals Ltd. Common M46135105 1,299 346,346 SH   DFND 2 346,346 0 0
Ford Motor Company Common 345370860 44 5,000 SH   DFND 1 0 5,000 0
Fortress Trans & Infrastructure Inv. LLC Common 34960P101 12,833 750,000 SH   DFND 2 750,000 0 0
FS Bancorp Inc Common 30263Y104 107 2,117 SH   DFND 1 2,117 0 0
FS Bancorp Inc Common 30263Y104 74 1,460 SH   DFND 1 0 1,460 0
General Electric Common 369604103 35 3,480 SH   DFND 1 3,480 0 0
General Electric Common 369604103 12 1,200 SH   DFND 1 0 1,200 0
General Motors Common 37045V100 186 5,000 SH   DFND 1 0 5,000 0
Global Medical REIT, Inc. Ser A Cum Pfd. Common 37957W203 893 35,000 SH   DFND 2 35,000 0 0
Globus Medical, Inc. Common 379577208 94 1,900 SH   DFND 2 1,900 0 0
Heritage NOLA Bancorp Inc. Common 42727P108 115 9,000 SH   DFND 1 9,000 0 0
Heritage NOLA Bancorp Inc. Common 42727P108 38 3,000 SH   DFND 1 0 3,000 0
Hospitality Properties Trust Common 44106M102 658 25,000 SH   DFND 1 0 25,000 0
Horizon Pharma Public Limited Company Common G4617B105 1,264 47,840 SH   DFND 2 47,840 0 0
Intec Pharma Ltd. Common M53644106 2,129 290,434 SH   DFND 2 290,434 0 0
International Business Machines Common 459200101 604 4,284 SH   DFND 1 0 4,284 0
International Gaming Technologies Common G4863A108 1,494 115,000 SH   DFND 2 115,000 0 0
Iridium Communications, Inc. Common 46269C102 2,998 113,399 SH   DFND 2 113,399 0 0
Johnson & Johnson Common 478160104 710 5,080 SH   DFND 1 5,080 0 0
Johnson & Johnson Common 478160104 308 2,200 SH   DFND 1 0 2,200 0
JP Morgan & Chase Common 46625H100 1,443 14,250 SH   DFND 1 14,250 0 0
JP Morgan & Chase Common 46625H100 891 8,800 SH   DFND 1 0 8,800 0
Kimberly Clark Corporation Common 494368103 743 6,000 SH   DFND 1 0 6,000 0
Krystal Biotech, Inc. Common 501147102 121 3,686 SH   DFND 2 3,686 0 0
Legacy Housing Corp Common 52472M101 60 5,000 SH   DFND 1 5,000 0 0
Legacy Housing Corp Common 52472M101 48 4,000 SH   DFND 1 0 4,000 0
Lexicon Pharmaceuticals, Inc. Common 528872302 167 30,000 SH   DFND 2 30,000 0 0
Ligand Pharmaceuticals Incorporated Common 53220K504 43,018 342,198 SH   DFND 2 342,198 0 0
Ligand Pharmaceuticals Incorporated Common 53220K504 232 1,843 SH   DFND 1 0 1,843 0
LKQ Corporation Common 501889208 8,514 300,000 SH   DFND 2 300,000 0 0
Lowe's Companies, Inc. Common 548661107 4,926 45,000 SH   DFND 2 45,000 0 0
Macquarie Infrastructure Corporation Common 55608B105 6,744 163,600 SH   DFND 2 163,600 0 0
Macquarie Infrastructure Corporation Common 55608B105 136 3,300 SH   DFND 1 3,300 0 0
Macquarie Infrastructure Corporation Common 55608B105 371 9,000 SH   DFND 1 0 9,000 0
Medtronics Inc. Common G5960L103 91 1,050 SH   DFND 1 0 1,050 0
MEI Pharma, Inc. Common 55279B202 118 38,590 SH   DFND 2 38,590 0 0
Merck & Co. Inc. Common 58993Y105 67 800 SH   DFND 1 800 0 0
Merck & Co. Inc. Common 58993Y105 42 500 SH   DFND 1 0 500 0
Microsoft Corporation Common 594918104 47 400 SH   DFND 1 400 0 0
Microsoft Corporation Common 594918104 118 1,000 SH   DFND 1 0 1,000 0
Mondelez Int'l Inc. Common 609207105 145 2,900 SH   DFND 1 2,900 0 0
Mondelez Int'l Inc. Common 609207105 649 13,000 SH   DFND 1 0 13,000 0
MPLX LP Common 55336V100 10,839 329,558 SH   DFND 2 329,558 0 0
Novartis AG Common 66987V109 288 3,000 SH   DFND 2 3,000 0 0
Novelion Therapeutics, Inc. Common 67001K202 134 109,135 SH   DFND 2 109,135 0 0
NuVasive, Inc. Common 670704105 114 2,000 SH   DFND 2 2,000 0 0
Och-Ziff Capital Management Group Common 67551U105 3 200 SH   DFND 1 200 0 0
Oritani Financial Corp Common 68633D103 96 5,800 SH   DFND 1 5,800 0 0
Oritani Financial Corp Common 68633D103 33 2,000 SH   DFND 1 0 2,000 0
Oracle Corporation Common 68389X105 8,057 150,000 SH   DFND 2 150,000 0 0
Orthofix Medical Inc. Common 68752M108 113 2,000 SH   DFND 2 2,000 0 0
Peoples United Financial Common 712704105 25 1,500 SH   DFND 1 0 1,500 0
Pfizer Inc. Common 717081103 1,869 44,000 SH   DFND 1 44,000 0 0
Pfizer Inc. Common 717081103 4,289 101,000 SH   DFND 1 0 101,000 0
Quotient Limited Common G73268107 1,532 170,000 SH   DFND 2 170,000 0 0
RMR Group Inc. Common 74967R106 1 16 SH   DFND 1 0 16 0
Radius Health Inc. Common 750469207 1,541 77,269 SH   DFND 2 77,269 0 0
Ryman Hospitality Ppty Inc. Common 78377T107 33 400 SH   DFND 1 400 0 0
Ryman Hospitality Ppty Inc. Common 78377T107 987 12,000 SH   DFND 1 0 12,000 0
Starwood Ppty Common 85571B105 9 400 SH   DFND 1 400 0 0
Stemline Therapeutics, Inc. Common 85858C107 2,028 157,795 SH   DFND 2 157,795 0 0
Stericycle, Inc. Common 858912108 12,195 224,083 SH   DFND 2 224,083 0 0
The Howard Hughes Corporation Common 44267D107 2,849 25,900 SH   DFND 2 25,900 0 0
The Kraft Heinz Company Common 500754106 99 3,035 SH   DFND 1 3,035 0 0
The Kraft Heinz Company Common 500754106 191 5,865 SH   DFND 1 0 5,865 0
The Michaels Companies, Inc. Common 59408Q106 3,426 300,000 SH   DFND 2 300,000 0 0
The Star Group, Inc. Common 85570W100 8,244 470,800 SH   DFND 2 470,800 0 0
Total SA Common 89151E109 131 2,360 SH   DFND 1 2,360 0 0
Total SA Common 89151E109 161 2,900 SH   DFND 1 0 2,900 0
Upland Software, Inc. Common 91544A109 18,554 438,000 SH   DFND 2 438,000 0 0
Verizon Communications Inc. Common 92343V104 78 1,320 SH   DFND 1 1,320 0 0
Verizon Communications Inc. Common 92343V104 1,005 16,991 SH   DFND 1 0 16,991 0
Viking Therapeutics, Inc. Common 92686J106 2,168 218,102 SH   DFND 2 218,102 0 0
Viveve Medical, Inc. Common 92852W204 41 43,649 SH   DFND 2 43,649 0 0
WABTEC Common 929740108 1 17 SH   DFND 1 17 0 0
WABTEC Common 929740108 0 6 SH   DFND 1 0 6 0
Wheeler Real Estate Investment Trust, Inc. Common 963025606 201 14,309 SH   DFND 2 14,309 0 0
WP Carey Common 92936U109 470 6,000 SH   DFND 1 0 6,000 0
Xenon Pharmaceuticals Inc. Common 98420N105 1,823 179,390 SH   DFND 2 179,390 0 0
Zogenix, Inc. Common 98978L204 1,432 26,039 SH   DFND 2 26,039 0 0