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 2,475 27,953 SH   DFND 2 0 27,953 0
AbbVie Inc. Common 00287Y109 443 5,000 SH   DFND 1 0 5,000 0
Acceleron Pharma, Inc. Common 00434H108 294 5,547 SH   DFND 2 0 5,547 0
Aimmune Therapeutics, Inc. Common 00900T107 1,874 55,990 SH   DFND 2 0 55,990 0
Alimera Sciences, Inc. Common 016259202 342 45,155 SH   DFND 2 0 45,155 0
Alkermes PLC Common G01767105 879 43,073 SH   DFND 2 0 43,073 0
AllianceBernstein Holdings PL Unit Ltd Common 01881G106 1,483 49,000 SH   DFND 1 0 49,000 0
AllianceBernstein Holdings PL Unit Ltd Common 01881G106 45 1,500 SH   DFND 1 0 1,500 0
Alerian MLP Common 00162Q866 5 600 SH   DFND 1 0 600 0
Alphabet Inc-Cl C Common 02079K107 10,562 7,900 SH   DFND 2 0 7,900 0
American Outdoor Brands Corporation Common 02874P103 3,619 390,000 SH   DFND 2 0 390,000 0
Apollo Global Management, Inc. Common 03768E105 11,331 237,500 SH   DFND 2 0 237,500 0
Apple Inc. Common 037833100 154 525 SH   DFND 1 0 525 0
Apple Inc. Common 037833100 154 525 SH   DFND 1 0 525 0
Arena Pharmaceuticals, Inc. Common 040047607 654 14,391 SH   DFND 2 0 14,391 0
Ascendis Pharma A/S Common 04351P101 91 656 SH   DFND 2 0 656 0
AT&T Inc. Common 00206R102 782 20,000 SH   DFND 1 0 20,000 0
AT&T Inc. Common 00206R102 80 2,050 SH   DFND 1 0 2,050 0
Bank Nova Scotia Halifax Common 064149107 23 400 SH   DFND 1 0 400 0
BELLUS Health Inc. Common 07987C204 1,833 242,611 SH   DFND 2 0 242,611 0
BioDelivery Sciences International, Inc. Common 09060J106 3,189 504,607 SH   DFND 2 0 504,607 0
Bristol-Myers Squibb Company Common 110122108 2,806 43,715 SH   DFND 2 0 43,715 0
Bristol-Myers Squibb Company - CVR Common 110122157 48 15,847 SH   DFND 2 0 15,847 0
Calumet Specialty Products Partners, LP Common 131476103 7,300 2,000,000 SH   DFND 2 0 2,000,000 0
Calumet Specialty Products Partners, LP Common 131476103 73 20,000 SH   DFND 1 0 20,000 0
Canadian Natural Resources Inc. Common 136385101 445 13,750 SH   DFND 1 0 13,750 0
Canadian Natural Resources Inc. Common 136385101 592 18,285 SH   DFND 1 0 18,285 0
Capitol Federal Financial Inc. Common 14057J101 55 4,000 SH   DFND 1 0 4,000 0
Capitol Federal Financial Inc. Common 14057J101 80 5,800 SH   DFND 1 0 5,800 0
Catalyst Pharmaceuticals, Inc. Common 14888U101 219 58,317 SH   DFND 2 0 58,317 0
Centerstate Banks Corp Common 15201P109 44 1,780 SH   DFND 1 0 1,780 0
Centerstate Banks Corp Common 15201P109 129 5,162 SH   DFND 1 0 5,162 0
Check Cap Ltd. Common M2361E203 4 2,224 SH   DFND 2 0 2,224 0
Check Cap Ltd. @7.50 Exp. 2/28/20 Common M2361E120 482 64,309 SH   DFND 2 0 64,309 0
Chemours Co. Common 163851108 8 440 SH   DFND 1 0 440 0
Chemours Co. Common 163851108 13 720 SH   DFND 1 0 720 0
ChemoCentryx, Inc. Common 16383L106 4,195 106,075 SH   DFND 2 0 106,075 0
Cidara Therapeutics, Inc. Common 171757107 838 218,220 SH   DFND 2 0 218,220 0
Coca Cola Common 191216100 421 7,600 SH   DFND 1 0 7,600 0
Coca Cola Common 191216100 321 5,800 SH   DFND 1 0 5,800 0
Coherus Biosciences, Inc. Common 19249H103 1,363 75,714 SH   DFND 2 0 75,714 0
Collegium Pharmaceutical, Inc. Common 19459J104 257 12,500 SH   DFND 2 0 12,500 0
Colony Northstar Inc. Common 19625W104 7 1,466 SH   DFND 1 0 1,466 0
Columbia Financial, Inc. Common 197641103 396 23,363 SH   DFND 2 0 23,363 0
Conagra Brands Common 205887102 342 10,000 SH   DFND 1 0 10,000 0
Corteva Inc. Common 22052L104 327 11,051 SH   DFND 1 0 11,051 0
Corteva Inc. Common 22052L104 44 1,494 SH   DFND 1 0 1,494 0
Cousins Properties Common 222795106 138 3,357 SH   DFND 1 0 3,357 0
Dell Technologies Inc. Common 24703L202 330 6,426 SH   DFND 2 0 6,426 0
Dow Inc. Common 260557103 605 11,051 SH   DFND 1 0 11,051 0
Dow Inc. Common 260557103 82 1,494 SH   DFND 1 0 1,494 0
Dupont De Nemours Inc. Common 26614N102 709 11,051 SH   DFND 1 0 11,051 0
Dupont De Nemours Inc. Common 26614N102 96 1,494 SH   DFND 1 0 1,494 0
Eagle Materials Inc. Common 26969P108 21 228 SH   DFND 1 0 228 0
Eiger BioPharmaceuticals, Inc. Common 28249U105 3,493 234,448 SH   DFND 2 0 234,448 0
Eli Lilly Inc. Common 532457108 39 300 SH   DFND 1 0 300 0
Entegra Financial Corporation Common 29363J108 90 3,000 SH   DFND 1 0 3,000 0
Entegra Financial Corporation Common 29363J108 219 7,250 SH   DFND 1 0 7,250 0
Fannie Mae 4.75 percent Series M Common 313586836 851 43,000 SH   DFND 2 0 43,000 0
Fannie Mae 5.1 percent Series E Common 313586604 319 17,500 SH   DFND 2 0 17,500 0
Fannie Mae 5.125 percent Series L Common 313586844 173 8,680 SH   DFND 2 0 8,680 0
Fannie Mae 5.81 percent Series H Common 313586885 198 10,000 SH   DFND 2 0 10,000 0
Fannie Mae 8.25 percent Series S Common 313586752 418 35,000 SH   DFND 2 0 35,000 0
Fannie Mae 8.25 percent Series T Common 313586737 1,663 146,736 SH   DFND 2 0 146,736 0
Fannie Mae Float - Series G Common 313586802 393 22,477 SH   DFND 2 0 22,477 0
Fannie Mae Float Series F Common 313586703 1,507 81,890 SH   DFND 2 0 81,890 0
Fannie Mae Float Series P Common 313586786 2,670 254,559 SH   DFND 2 0 254,559 0
Foamix Pharmaceuticals Ltd. Common M46135105 1,269 381,146 SH   DFND 2 0 381,146 0
Fortress Trans & Infrastructure Inv. LLC Common 34960P101 17,361 888,509 SH   DFND 2 0 888,509 0
Freddie Mac 5 percent Series F Common 313400863 394 21,590 SH   DFND 2 0 21,590 0
Freddie Mac 5.3 percent Common 313400822 534 30,000 SH   DFND 2 0 30,000 0
Freddie Mac 5.57 percent Series V Common 313400673 794 80,000 SH   DFND 2 0 80,000 0
Freddie Mac 5.9 percent Series U Common 313400681 100 10,000 SH   DFND 2 0 10,000 0
Freddie Mac 6 percent Series P Common 313400749 104 5,200 SH   DFND 2 0 5,200 0
Freddie Mac 6.02 percent Series X Common 313400657 610 53,811 SH   DFND 2 0 53,811 0
Freddie Mac 8.375 percent Series Z Common 313400624 1,653 139,500 SH   DFND 2 0 139,500 0
FNB Corporation Common 302520101 113 8,905 SH   DFND 1 0 8,905 0
FS Bancorp Inc. Common 30263Y104 93 1,460 SH   DFND 1 0 1,460 0
FS Bancorp Inc. Common 30263Y104 135 2,117 SH   DFND 1 0 2,117 0
FS KKR Capital Corp. Common 302635107 8,582 1,400,000 SH   DFND 2 0 1,400,000 0
FS KKR Capital Corp. Common 302635107 644 105,000 SH   DFND 1 0 105,000 0
FS KKR Capital Corp. Common 302635107 135 22,000 SH   DFND 1 0 22,000 0
General Electric Common 369604103 13 1,200 SH   DFND 1 0 1,200 0
General Electric Common 369604103 39 3,480 SH   DFND 1 0 3,480 0
Global Medical REIT, Inc. Ser A Cum Pfd. Common 37957W203 943 35,000 SH   DFND 2 0 35,000 0
Globus Medical, Inc. Common 379577208 171 2,900 SH   DFND 2 0 2,900 0
Heritage NOLA Bancorp Inc. Common 42727P108 38 3,000 SH   DFND 1 0 3,000 0
Heritage NOLA Bancorp Inc. Common 42727P108 115 9,000 SH   DFND 1 0 9,000 0
Horizon Therapeutics Public Ltd. Company Common G46188101 2,203 60,856 SH   DFND 2 0 60,856 0
International Business Machines Common 459200101 574 4,284 SH   DFND 1 0 4,284 0
International Gaming Technologies Common G4863A108 112 7,500 SH   DFND 1 0 7,500 0
International Gaming Technologies Common G4863A108 8,982 600,000 SH   DFND 2 0 600,000 0
Johnson & Johnson Common 478160104 321 2,200 SH   DFND 1 0 2,200 0
Johnson & Johnson Common 478160104 741 5,080 SH   DFND 1 0 5,080 0
JP Morgan Chase Common 46625H100 1,237 8,800 SH   DFND 1 0 8,800 0
JP Morgan Chase Common 46625H100 1,986 14,250 SH   DFND 1 0 14,250 0
Kadmon Holdings, Inc. Common 48283N106 1,246 275,000 SH   DFND 2 0 275,000 0
Kimberly Clark Corporation Common 494368103 825 6,000 SH   DFND 1 0 6,000 0
Krystal Biotech, Inc. Common 501147102 392 7,079 SH   DFND 2 0 7,079 0
Legacy Housing Corporation Common 52472M101 67 4,000 SH   DFND 1 0 4,000 0
Legacy Housing Corporation Common 52472M101 83 5,000 SH   DFND 1 0 5,000 0
Ligand Pharmaceuticals Incorporated Common 53220K504 35,688 342,198 SH   DFND 2 0 342,198 0
Ligand Pharmaceuticals Incorporated Common 53220K504 192 1,843 SH   DFND 1 0 1,843 0
Ligand Pharmaceuticals Incorporated Common 53220K504 939 9,000 SH   DFND 1 0 9,000 0
LKQ Corporation Common 501889208 7,140 200,000 SH   DFND 2 0 200,000 0
Macquarie Infrastructure Corporation Common 55608B105 7,009 163,600 SH   DFND 2 0 163,600 0
Macquarie Infrastructure Corporation Common 55608B105 386 9,000 SH   DFND 1 0 9,000 0
Macquarie Infrastructure Corporation Common 55608B105 141 3,300 SH   DFND 1 0 3,300 0
MEI Pharma, Inc. Common 55279B202 96 38,590 SH   DFND 2 0 38,590 0
MPLX LP Common 55336V100 9,333 366,558 SH   DFND 2 0 366,558 0
Medtronics Common G5960L103 119 1,050 SH   DFND 1 0 1,050 0
Merck & Co. Inc. Common 58993Y105 45 500 SH   DFND 1 0 500 0
Merck & Co. Inc. Common 58993Y105 73 800 SH   DFND 1 0 800 0
Microsoft Corporation Common 594918104 158 1,000 SH   DFND 1 0 1,000 0
Microsoft Corporation Common 594918104 63 400 SH   DFND 1 0 400 0
Mondelez Int'lt Inc. Common 609207105 716 13,000 SH   DFND 1 0 13,000 0
Mondelez Int'lt Inc. Common 609207105 160 2,900 SH   DFND 1 0 2,900 0
Novelion Therapeutics, Inc. Common 67001K202 77 109,135 SH   DFND 2 0 109,135 0
Occidental Pete Corp Common 674599105 52 1,273 SH   DFND 1 0 1,273 0
Occidental Pete Corp Common 674599105 70 1,700 SH   DFND 1 0 1,700 0
Peoples United Financial Common 712704105 25 1,500 SH   DFND 1 0 1,500 0
Pfizer Inc. Common 717081103 3,957 101,000 SH   DFND 1 0 101,000 0
Pfizer Inc. Common 717081103 1,211 30,900 SH   DFND 1 0 30,900 0
Quotient Limited Common G73268107 671 70,542 SH   DFND 2 0 70,542 0
RMR Group Inc. Common 74967R106 1 16 SH   DFND 1 0 16 0
Radius Health Inc. Common 750469207 1,323 65,617 SH   DFND 2 0 65,617 0
Ryman Hospitality Ppty Inc. Common 78377T107 1,040 12,000 SH   DFND 1 0 12,000 0
Ryman Hospitality Ppty Inc. Common 78377T107 35 400 SH   DFND 1 0 400 0
Sculptor Capital Mgmt Common 811246107 4 200 SH   DFND 1 0 200 0
Service Ppty Trust Common 81761L102 24 1,000 SH   DFND 1 0 1,000 0
Starwood Ppty Common 85571B105 10 400 SH   DFND 1 0 400 0
Stemline Therapeutics, Inc. Common 85858C107 1,546 145,475 SH   DFND 2 0 145,475 0
Stericycle, Inc. Common 858912108 17,170 269,083 SH   DFND 2 0 269,083 0
Strongbridge Biopharma PLC Common G85347105 209 100,000 SH   DFND 2 0 100,000 0
The Stars Group Inc. Common 85570W100 6,523 250,000 SH   DFND 2 0 250,000 0
The Kraft Heinz Company Common 500754106 60 1,865 SH   DFND 1 0 1,865 0
The Kraft Heinz Company Common 500754106 98 3,035 SH   DFND 1 0 3,035 0
Total SA Common 89151E109 28 500 SH   DFND 1 0 500 0
Total SA Common 89151E109 131 2,360 SH   DFND 1 0 2,360 0
uniQure N.V. Common N90064101 351 4,900 SH   DFND 2 0 4,900 0
Upland Software, Inc. Common 91544A109 15,641 438,000 SH   DFND 2 0 438,000 0
Valley National Bancorp Common 919794107 37 3,200 SH   DFND 1 0 3,200 0
Valley National Bancorp Common 919794107 106 9,280 SH   DFND 1 0 9,280 0
Verizon Communications Inc. Common 92343V104 1,043 16,991 SH   DFND 1 0 16,991 0
Verizon Communications Inc. Common 92343V104 81 1,320 SH   DFND 1 0 1,320 0
Verrica Pharmaceuticals, Inc. Common 92511W108 162 10,207 SH   DFND 2 0 10,207 0
Viking Therapeutics, Inc. Common 92686J106 1,749 218,102 SH   DFND 2 0 218,102 0
WABTEC Common 929740108 0 6 SH   DFND 1 0 6 0
WABTEC Common 929740108 1 17 SH   DFND 1 0 17 0
Wheeler Real Estate Investment Trust, Inc. Common 963025606 214 14,309 SH   DFND 2 0 14,309 0
WP Carey Common 92936U109 480 6,000 SH   DFND 1 0 6,000 0
Xenon Pharmaceuticals Inc. Common 98420N105 2,565 195,657 SH   DFND 2 0 195,657 0