0001161722-12-000003.txt : 20120808 0001161722-12-000003.hdr.sgml : 20120808 20120808113558 ACCESSION NUMBER: 0001161722-12-000003 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20120630 FILED AS OF DATE: 20120808 DATE AS OF CHANGE: 20120808 EFFECTIVENESS DATE: 20120808 FILER: COMPANY DATA: COMPANY CONFORMED NAME: HOLLENCREST SECURITIES LLC CENTRAL INDEX KEY: 0001161722 IRS NUMBER: 954121065 STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-06753 FILM NUMBER: 121015652 BUSINESS ADDRESS: STREET 1: 5535 BALBOA BLVD STREET 2: SUITE 200 CITY: ENCINO STATE: CA ZIP: 91316 BUSINESS PHONE: 8183827720 FORMER COMPANY: FORMER CONFORMED NAME: RND RESOURCES INC DATE OF NAME CHANGE: 20011031 13F-HR 1 inftable.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON D.C. 20549 FORM 23F FORM 13F COVER PAGE Report for the Calendar Year or Quarter Ended: Jun 30, 2012 Check Here if Amendment [ ] This Amendment (Check only one.): [ ] is a restatement. [ ] adds new holdings entries. Institutional Investment Manager Filing this Report: Name: Hollencrest Securities LLC Address: 100 Bayview Circle Suite 500 Newport Beach, CA 92660 13F File Number: 801-55904 The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this submission. Person Signing this Report on Behalf of Reporting Manager: Name: Peter J. Pellizzon Title: Managing Director Phone: 949-823-7723 Signature: Place: and Date of Signing: Peter J. Pellizzon Los Angeles, California August 08, 2012 Report Type (Check only one.): [X] 13F HOLDINGS REPORT. [ ] 13F NOTICE. [ ] 13F COMBINATION REPORT. List of Other Managers Reporting for this Manager: None FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 Form 13F Information Table Entry Total: 357 Form 13F Information Table Value Total: $371,874 ($1,000s) List of Other Included Managers: 0 FORM 13F INFORMATION TABLE VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- 360 VOX CORPORATION CL A COM 885578104 1 10000 SH SOLE 10000 A T & T INC NEW COM 557 15631 SH SOLE 13497 2134 ACADIA PHARMACEUTICALS INC COM 004225108 114 64620 SH SOLE 64620 ALLERGAN INC COM 018490102 425 4589 SH SOLE 4589 ALTRIA GROUP INC COM 02209S103 348 10081 SH SOLE 7668 2413 AMAZON COM INC COM 023135106 1566 6859 SH SOLE 277 6582 AMERICAN INTERNATIONAL GROUP I COM 026874784 1605 50000 SH SOLE 50000 AMPHENOL CORP NEW-CL A COM 032095101 1131 20600 SH SOLE 20600 APOLLO INVESTMENT CORP COM 03761u106 179 23300 SH SOLE 20540 2760 APPLE INC COM 037833100 2667 4567 SH SOLE 2451 2116 ARENA PHARMACEUTICALS COM 040047102 197 19700 SH SOLE 8000 11700 Advanced Micro Devices Inc Com COM 007903107 61 10649 SH SOLE 2061 8588 BALSAM VENTURES INC NEW COM 058820200 0 12000 SH SOLE 12000 BANK OF AMERICA CORP COM 060505104 680 83146 SH SOLE 23337 59809 BERKSHIRE HATHAWAY B NEW CLASS COM 084670702 15947 191376 SH SOLE 4040 187336 Bank 1440 Peoria Ariz Com COM 062199104 18 24407 SH SOLE 24407 Bionovo Inc. COM 0 10000 SH SOLE 10000 CALIFORNIA REPUBLIC BANCORP COM 13056p100 409 41582 SH SOLE 41582 CALUMET SPECIALTY PRODS PARTNE COM 131476103 384 16140 SH SOLE 16140 CATERPILLAR INC COM 149123101 269 3163 SH SOLE 3000 163 CENVEO INC COM 37 19125 SH SOLE 19125 CHESAPEAKE ENERGY CORPORATION COM 165167107 805 43261 SH SOLE 3961 39300 CHEVRON CORPORATION COM 166764100 1057 10016 SH SOLE 8131 1885 CISCO SYSTEMS INC COM 17275r102 399 23224 SH SOLE 7860 15364 CITIGROUP INC NEW COM 172967424 455 16617 SH SOLE 12601 4016 CNO FINANCIAL GROUP INC COM 208464883 130 16700 SH SOLE 16700 COCA COLA COMPANY COM 191216100 551 7047 SH SOLE 6221 826 CONOCOPHILLIPS COM 20825C104 352 6297 SH SOLE 4209 2088 COPANO ENERGY LLC COM UNITS COM 217202100 451 16230 SH SOLE 16230 COSTCO WHOLESALE CORP-NEW COM 22160k105 340 3578 SH SOLE 2000 1578 CYCLONE POWER TECHNOLOGIES INC COM 23254w104 3 20000 SH SOLE 20000 Conographic Corp Calif Restr COM 0 11000 SH SOLE 11000 DENISON MINES CORP COM 248356107 74 55000 SH SOLE 55000 EL PASO PIPELINE PARTNERS L P COM 283702108 646 19100 SH SOLE 19100 ENDURO ROYALTY TRUST COM 29269k100 493 29980 SH SOLE 29980 EXXON MOBIL CORPORATION COM 30231g102 1825 21332 SH SOLE 2795 18537 FIDELITY NATIONAL INFORMATION COM 31620m106 1609 47212 SH SOLE 47212 FIRST REPUBLIC BANK COM 33616C100 683 20333 SH SOLE 20333 FORD MOTOR COMPANY NEW COM 345370860 246 25664 SH SOLE 13000 12664 Fidelity National Financial In COM 316326107 4887 253723 SH SOLE 253723 GENERAL ELECTRIC COMPANY COM 369604103 1574 75506 SH SOLE 49987 25519 GERON CORP COM 374163103 17 10000 SH SOLE 10000 GLOBAL CLEAN ENERG HLDGS COM 4 298814 SH SOLE 298814 GOOGLE INC CLASS A COM 38259P508 381 656 SH SOLE 165 491 GRAN COLOMBIA GOLD CORP COM 38501d204 144 466500 SH SOLE 466500 HERBALIFE LTD COMMON STOCK COM g4412g101 8207 169802 SH SOLE 157932 11870 IDENTIVE GROUP INC COM 45170x106 34 36050 SH SOLE 11000 25050 INTEL CORP COM 458140100 859 32220 SH SOLE 18448 13772 INTL BUSINESS MACHINES COM 459200101 3565 18227 SH SOLE 100 18127 INTUITIVE SURGICAL NEW COM 670 1210 SH SOLE 770 440 Icu Med Inc Com COM 44930G107 266 4975 SH SOLE 4975 JOHNSON & JOHNSON COM 478160104 424 6277 SH SOLE 5108 1169 JPMORGAN CHASE & CO COM 46625H100 321 8987 SH SOLE 6150 2837 KIOR INC CL A COM 497217109 280 31250 SH SOLE 1250 30000 LARGO VISTA GROUP LTD COM 517104105 0 100000 SH SOLE 100000 LIGHTWAVE LOGIC INC COM 532275104 10 10000 SH SOLE 10000 MANULIFE FINANCIAL CORP COM 56501r106 612 56178 SH SOLE 56178 MARATHON OIL CORP COM 565849106 256 10010 SH SOLE 7410 2600 MARKWEST ENERGY PARTNERS L P U COM 570759100 412 8360 SH SOLE 8360 MC DONALDS CORP COM 580135101 236 2663 SH SOLE 2287 376 MERCK & CO INC NEW COM 58933y105 1003 24021 SH SOLE 14440 9581 MICROSOFT CORP COM 594918104 2195 71764 SH SOLE 9493 62271 North American Pallidum Compan COM 84 41100 SH SOLE 41100 Ntm Inc COM 629408105 0 30000 SH SOLE 30000 ORACLE CORPORATION COM 68389x105 1556 52397 SH SOLE 3479 48918 PAA NATURAL GAS STORAGE LP COM COM 693139107 597 33385 SH SOLE 33385 PACWEST BANCORP COM 695263103 857 36209 SH SOLE 36209 PFIZER INCORPORATED COM 717081103 650 28250 SH SOLE 21488 6762 PHILIP MORRIS INTL INC COM 718172109 7246 83042 SH SOLE 82775 267 PINETREE CAPITAL LTD NEW COM 723330106 10 11700 SH SOLE 11700 PROCTER & GAMBLE COM 742718109 1017 16611 SH SOLE 453 16158 QUALCOMM INC COM 747525103 223 4004 SH SOLE 2905 1099 SALESFORCE COM COM 79466L302 553 4000 SH SOLE 4000 SANDRIDGE PERMIAN TR COM 80007a102 368 18166 SH SOLE 18166 SEA DRAGON ENERGY INC COM 811375104 2 34000 SH SOLE 34000 SEAGATE TECHNOLOGY PLC F COM g7945m107 451 18225 SH SOLE 12765 5460 SHINSEI BANK LTD ORD F COM 105 87000 SH SOLE 87000 SIGNATURE GROUP HOLDINGS COM 82670c100 7 19028 SH SOLE 11000 8028 SIRIUS XM RADIO INC COM 82966U103 67 36200 SH SOLE 36200 SOLAR CAPITAL LTD COM 83413u100 243 10900 SH SOLE 10900 STILLWATER MINING CO COM 86074q102 278 32500 SH SOLE 32500 SUPERVALU INC COM 868536103 80 15400 SH SOLE 15400 TESCO PLC ORD F COM 132 27100 SH SOLE 27100 THL CREDIT INC COM 136 10100 SH SOLE 10100 TRANSWORLD BENEFITS INTERNATIO COM 894073105 0 104000 SH SOLE 104000 TYSON FOODS INC CL A COM 902494103 377 20000 SH SOLE 20000 Transition Therapeutics Inc Ne COM 893716209 294 143002 SH SOLE 143002 UNITED PARCEL SVC INC CL B COM 911312106 24471 310700 SH SOLE 130014 180686 UNITEDHEALTH GROUP INC COM 91324p102 271 4637 SH SOLE 4417 220 UNIVERSAL GUARDIAN HLDGS COM 0 13900 SH SOLE 13900 US BANCORP DEL COM NEW COM 902973304 4053 126020 SH SOLE 126020 VANGUARD NATURAL RESOURCES LLC COM 92205f106 395 15210 SH SOLE 15210 VERIZON COMMUNICATIONS COM 92343v104 260 5847 SH SOLE 2049 3798 VISA INC CLASS A COM 92826C839 2547 20600 SH SOLE 1100 19500 Volcano Corp COM 928645100 1146 40000 SH SOLE 40000 WELLS FARGO & CO NEW COM 949746101 657 19652 SH SOLE 14350 5302 XEROX CORP COM 984121103 396 50300 SH SOLE 15300 35000 AEGON NV ORD REG AMER F SPONSO ADR 007924103 101 21900 SH SOLE 21900 ALLIANZ SE SPONSORED ADR REPST ADR 018805101 301 30000 SH SOLE 30000 Alcatel-Lucent Sponsored Adr ADR 18 11281 SH SOLE 11281 BHP BILLITON LTD SPONSORED ADR ADR 088606108 3752 57465 SH SOLE 57465 BP PLC ADR F SPONSORED ADR 1 A ADR 055622104 297 7320 SH SOLE 6700 620 CAMELOT INFORMATION SYS INC AD ADR 13322v105 23 10000 SH SOLE 10000 DEUTSCHE TELEKOM AG SPONSORED ADR 251566105 269 24500 SH SOLE 24500 ENI S P A SPON ADR F SPONSORED ADR 26874r108 235 5520 SH SOLE 3425 2095 PETROCHINA CO ADR F SPONSORED ADR 71646e100 238 1840 SH SOLE 1185 655 REPSOL S A ADR F SPONSORED ADR ADR 76026t205 204 12795 SH SOLE 9240 3555 ROYAL DUTCH SHELL A ADRF SPONS ADR 780259206 366 5428 SH SOLE 4050 1378 TAIWAN SEMICONDUCTOR MFG CO LT ADR 874039100 6478 464069 SH SOLE 464069 TOTAL S A ADR F 1 ADR REP 1 OR ADR 89151e109 228 5070 SH SOLE 3345 1725 GLOBAL X FTSE ETF 20 COLOMBIA INDEX CEF 308 15300 SH SOLE 15300 ISHARES DJ SELECT DIV FD SELEC INDEX CEF 464287168 1605 28561 SH SOLE 27967 594 ISHARES DJ US HOME CONST INDEX INDEX CEF 464288752 5429 322991 SH SOLE 276570 46421 ISHARES MSCI CDA IDX FD CANADA INDEX CEF 563 21781 SH SOLE 21781 ISHARES MSCI CHILE INVESTABLE INDEX CEF 278749106 277 4500 SH SOLE 4500 ISHARES MSCI ETF ALL PERU CAPP INDEX CEF 365 8600 SH SOLE 8600 ISHARES MSCI JPN IDX FD JAPAN INDEX CEF 464286848 528 56100 SH SOLE 42820 13280 ISHARES RUSSELL MIDCAP GROWTH INDEX CEF 464287481 331 5592 SH SOLE 5592 ISHARES S&P 500 GROWTH S&P 500 INDEX CEF 464287309 617 8397 SH SOLE 7180 1217 ISHARES S&P 500 VALUE S&P 500 INDEX CEF 464287408 1927 30933 SH SOLE 27865 3068 ISHARES S&P MIDCAP 400 GROWTH INDEX CEF 464287606 2810 26545 SH SOLE 23425 3120 ISHARES S&P MIDCAP 400 VALUE I INDEX CEF 464287705 1895 23213 SH SOLE 21148 2065 ISHARES TR HIGH DIVID EQ HIGH INDEX CEF 451 7600 SH SOLE 7600 ISHARES TR MSCI EAFE FD MSCI E INDEX CEF 464287465 1018 20377 SH SOLE 18520 1857 ISHARES TR RUSSELL 1000 RUSSEL INDEX CEF 464287614 5980 94579 SH SOLE 81813 12766 ISHARES TR RUSSELL 1000 RUSSEL INDEX CEF 464287622 1151 15300 SH SOLE 15300 ISHARES TR RUSSELL 3000 RUSSEL INDEX CEF 464287671 8195 159072 SH SOLE 145852 13220 ISHARES TR RUSSELL 3000 RUSSEL INDEX CEF 464287689 5155 64125 SH SOLE 64060 65 ISHARES TR RUSSELL MIDCAP INDE INDEX CEF 464287499 915 8689 SH SOLE 8444 245 ISHARES TR S&P 100 INDEXFUND INDEX CEF 464287101 418 6690 SH SOLE 6690 ISHARES TR S&P SMALLCAP 600 VA INDEX CEF 464287879 273 3678 SH SOLE 2508 1170 ISHARES TRUST RUSSELL 2000 GRO INDEX CEF 464287648 552 6031 SH SOLE 3259 2772 ISHARES TRUST S&P 500 S&P 500 INDEX CEF 464287200 3597 26304 SH SOLE 26254 50 JP MORGAN EXCH TRADED NT ALERI INDEX CEF 46625h365 6844 176579 SH SOLE 160620 15959 MARKET VECTORS ETF TRUST GOLD INDEX CEF 57060u100 2166 48382 SH SOLE 38232 10150 POWERSHARES EXCH TRAD FD CEF I INDEX CEF 73936q843 276 11202 SH SOLE 10392 810 POWERSHS EXCH TRAD FD TR POWER INDEX CEF 73935x823 8590 584740 SH SOLE 488240 96500 POWERSHS EXCH TRAD FD TR POWER INDEX CEF 73935x799 1767 53274 SH SOLE 53100 174 POWERSHS QQQ TRUST SER 1 INDEX CEF 73935a104 1011 15765 SH SOLE 6726 9039 S P D R S&P 500 ETF TR EXPIRIN INDEX CEF 78462f103 1467 10777 SH SOLE 6048 4729 SECTOR SPDR ENGY SELECT SHARES INDEX CEF 81369y506 2420 36465 SH SOLE 27870 8595 SECTOR SPDR HEALTH FUND SHARES INDEX CEF 81369y209 525 13824 SH SOLE 13824 SECTOR SPDR TECH SELECT SHARES INDEX CEF 81369y803 1616 56269 SH SOLE 54319 1950 SPDR DOW JONES INDL AVERAGE ET INDEX CEF 78467x109 249 1941 SH SOLE 400 1541 SPDR INDEX SHARES FUNDS SPDR E INDEX CEF 78463x202 423 15000 SH SOLE 15000 SPDR S&P DIVIDEND ETF INDEX CEF 78464a763 2181 39190 SH SOLE 34525 4665 SPDR S&P HOMEBUILDERS ETF INDEX CEF 78464a888 5675 265890 SH SOLE 208340 57550 SPDR S&P MIDCAP 400 ETF INDEX CEF 1006 5875 SH SOLE 5875 SPDR S&P REGIONAL BKING INDEX CEF 78464a698 9974 364297 SH SOLE 296430 67867 VANGUARD ENERGY ETF INDEX CEF 92204a306 586 6025 SH SOLE 5980 45 VANGUARD INFO TECHNOLOGY INDEX CEF 92204a702 5179 75351 SH SOLE 67241 8110 VANGUARD INTL EQTY INDEX FTSE INDEX CEF 922042775 630 15377 SH SOLE 13977 1400 VANGUARD MID CAP GROWTH INDEX CEF 922908538 524 8140 SH SOLE 8140 VANGUARD MSCI EMERGING MARKETS INDEX CEF 922042858 659 16506 SH SOLE 15177 1329 VANGUARD SMALL CAP GRWTH INDEX CEF 922908595 1345 16052 SH SOLE 13577 2475 VANGUARD TOTAL STOCK MKT INDEX CEF 922908769 1094 15697 SH SOLE 14647 1050 WISDOMTREE DIVIDEND EX FINANCI INDEX CEF 97717w406 2457 45653 SH SOLE 41615 4038 WISDOMTREE EQUITY INC FD HI YI INDEX CEF 767 16700 SH SOLE 16700 WISDOMTREE JAPAN TOT DIV JAPAN INDEX CEF 97717w851 1412 42560 SH SOLE 39200 3360 WISDOMTREE SMALLCAP DIV SMALLC INDEX CEF 97717w604 1405 29121 SH SOLE 26971 2150 ISHARES BARCLAYS INTERMEDIATE ETF 464288638 1281 11750 SH SOLE 11750 ISHARES BARCLAYS MBS BOND FD E ETF 464288588 1579 14585 SH SOLE 14585 ISHARES BARCLAYS TIPS BOND FUN ETF 464287176 1274 10643 SH SOLE 10643 ISHARES IBOXX INVESTOP IBOXX $ ETF 464287242 7150 60806 SH SOLE 57743 3063 ISHARES S&P U S PFD FUND S&P U ETF 464288687 4111 105326 SH SOLE 95466 9860 ISHARES TR BARCLAYS BOND BARCL ETF 464288646 5949 56812 SH SOLE 52822 3990 ISHARES TR BARCLAYS FUND BARCL ETF 464287226 2005 18018 SH SOLE 17525 493 ISHARES TRUST IBOXX $ HIGH YIE ETF 464288513 1986 21750 SH SOLE 17017 4733 POWERSHS EXCH TRAD FD TR POWER ETF 73935X229 434 24128 SH SOLE 19078 5050 SPDR BARCLAYS CAPITAL HIGH YIE ETF 78464a417 9315 236056 SH SOLE 181050 55006 SPDR BARCLAYS ETF CAPITAL SHOR ETF 78468r408 2335 77572 SH SOLE 77572 SPDR SERIES TRUST SPDR BRCLYS ETF 78464a516 274 4629 SH SOLE 4529 100 VANGUARD BOND INDEX FUND SHORT ETF 921937827 2076 25588 SH SOLE 22508 3080 VANGUARD SCOTTSDALE FUNDS VANG ETF 92206c870 697 8180 SH SOLE 8180 VANGUARD SCOTTSDALE FUNDS VANG ETF 92206c706 351 5300 SH SOLE 5300 VANGUARD SCOTTSDALE FUNDS VANG ETF 92206c409 434 5480 SH SOLE 5480 VANGUARD TOTAL BOND MARKET ETF ETF 921937835 326 3870 SH SOLE 3870 ATLAS PIPELINE PARTNERS L P UN LP 049392103 386 12380 SH SOLE 12380 BUCKEYE PARTNERS LP UNITS LTD LP 118230101 538 10320 SH SOLE 10320 CHESAPEAKE MIDSTREAM PARTNERS LP 16524k108 2027 74487 SH SOLE 74487 ENBRIDGE ENERGY PARTNERS LP LP 29250R106 676 21970 SH SOLE 21970 ENERGY TRANSFER PARTNERS UNITS LP 29273r109 634 14351 SH SOLE 13940 411 ENTERPRISE PRD PRTNRS LP LP 293792107 678 13238 SH SOLE 12930 308 GOLDEN GATE CAP OPPTNTY FD LP LP 999193816 5816 4621389 SH SOLE 4621389 GOLDEN GATE CAP OPPTNTY FD LP LP 999193816 371 371485 SH SOLE 371485 KINDER MORGAN ENERGY LP UNIT L LP 494550106 761 9686 SH SOLE 8020 1666 POPE RESOURCES DEPOSITARY RECE LP 732857107 742 13477 SH SOLE 13477 Pimco Bravo spec On Te I LP LP 330 303780 SH SOLE 303780 ROSE ROCK MIDSTREAM L P COM UN LP 777149105 605 24784 SH SOLE 24784 Riverside Foxmoor Associates LP 0 85953 SH SOLE 85953 TEEKAY OFFSHORE PARTNERS LP LP y8565j101 449 16070 SH SOLE 16070 WESTERN GAS PARTNERS LP COM UN LP 958254104 649 14880 SH SOLE 14880 AEGON NV PFD F PERP CAP SECS F PFD 193 10000 SH SOLE 10000 AEGON NV PREFERRED PFD 007924608 654 24800 SH SOLE 24800 ALLIANZ SE 8.375% UNDATED SUBO PFD 018805200 523 20100 SH SOLE 20100 ARCH CAPITAL GROUP LTDPFD 6.75 PFD G0450A204 343 13200 SH SOLE 13200 AXIS CAPITAL HOLDINGS LTDPFD 6 PFD G0692U307 573 21400 SH SOLE 21400 Amplimed Series B Preferred PFD 29 17059 SH SOLE 17059 Aspen insurance PFD 7.25% Ser PFD g05384147 292 11400 SH SOLE 11400 Aviva PFD 302 11000 SH SOLE 11000 BAC CAPITAL TRUST III 7% TRUST PFD 05518e202 227 9000 SH SOLE 9000 BAC CAPITAL TRUST IV PFD ST PFD 055185201 296 12000 SH SOLE 2000 10000 BAC CAPITAL TRUST XII 6.875% C PFD 05633t209 262 10400 SH SOLE 350 10050 BANK OF AMERICA8.625%PFD DEP S PFD 204 7880 SH SOLE 7880 BARCLAYS BK PLC SPONSORED ADRP PFD 06739H362 274 10792 SH SOLE 10792 Bank of America Dep Sh Repstg PFD 353 13640 SH SOLE 7640 6000 CITIGROUP CAP XIX 7.25% ENHANC PFD 17311u200 1009 40000 SH SOLE 40000 CITIGROUP CAPITAL VII 7.125 TR PFD 17306n203 496 19740 SH SOLE 9000 10740 CITIGROUP CAPITAL VIII 6.95% T PFD 17306r204 380 15240 SH SOLE 1000 14240 COBANK ACB PERP PFD SER B %144 PFD 19075Q300 483 9750 SH SOLE 9750 COBANK ACB PFD CUM PERP SER AN PFD 19075Q201 250 5000 SH SOLE 5000 COUNTRYWIDE CAP V GTD CAP SEC PFD 222388209 529 21300 SH SOLE 21300 DEUTSCH BK CONTINGENT CAP TR V PFD 25150L108 225 8600 SH SOLE 8600 DEUTSCHE BK CONTINGENT CAP TRI PFD 25154A108 314 12213 SH SOLE 12213 ENDURANCE SPECIALTY HLDGPFD 7. PFD G30397304 342 13000 SH SOLE 13000 FARM CR BK TEX PERP NON CUMULA PFD 30767e307 2153 1850 SH SOLE 1850 FLEET CAPITAL TRUST IX 6.00% T PFD 33889y201 240 9482 SH SOLE 9482 FLEET CAPITAL TRUST VIIIDEF IN PFD 33889x203 390 15501 SH SOLE 3566 11935 GOLDMAN SACHS GP DEP SHS PERPE PFD 179 10000 SH SOLE 10000 GOLDMAN SACHS GROUP INC (THE) PFD 38143y665 289 16200 SH SOLE 10000 6200 GOLDMAN SACHS GROUP INC 6.20% PFD 38144x500 402 16104 SH SOLE 16104 GOLDMAN SACHS SER D PFD DEP SH PFD 495 26900 SH SOLE 26900 ING GROEP N V 8.50% ING PERPET PFD 456837806 529 20764 SH SOLE 20764 ING GROEP NV 7.375% PFDF PERPE PFD 456837707 209 8759 SH SOLE 8759 KAYNE ANDERSON MLP INVESTMENT PFD 486606502 311 12000 SH SOLE 12000 MBNA CAPITAL D 8.125% PFD DUE PFD 55266j200 348 13875 SH SOLE 10625 3250 MBNA CAPITAL SERIES E 8.10% TR PFD 55270b201 393 15500 SH SOLE 11800 3700 MORGAN STANLEY CAP TR VI CAPSE PFD 617461207 244 10000 SH SOLE 10000 NATIONAL CITY CAP 8.0%47 ** CA PFD 378 15000 SH SOLE 15000 PNC FINANCIAL SERVICESPFD 6.12 PFD 693475857 552 21000 SH SOLE 21000 SOVEREIGN REAL ESTATE INVTTRUS PFD 84610XAA1 356 340 SH SOLE 340 Security Etch Intl Sr-B Red/Cv PFD 0 20000 SH SOLE 20000 TABERNA PFD FDG I LTD PFD SHS PFD 87330l200 0 500000 SH SOLE 500000 ALLIANCE CALIF MUNI INCOME FUN NON-TAX CEF 733 46540 SH SOLE 12014 34526 BLACKROCK CA MUN INCM TR CALIF NON-TAX CEF 09248e102 806 50635 SH SOLE 50635 BLACKROCK MUN INCOME TR NON-TAX CEF 09248f109 1516 96503 SH SOLE 96503 BLACKROCK MUNIYIELD FUND NON-TAX CEF 09253w104 272 16900 SH SOLE 16900 BLCKRCK MUNIENHANCED FD NON-TAX CEF 09253y100 174 14630 SH SOLE 14630 BLKRCK MUNIHLDGS INV FD NON-TAX CEF 09254p108 561 36363 SH SOLE 35950 413 BLKRCK MUNIHLDGS QLTY II NON-TAX CEF 09254c107 271 18170 SH SOLE 18170 BLKRCK MUNIYIELD CA QLTY NON-TAX CEF 09254n103 5530 355188 SH SOLE 289388 65800 BLKRCK MUNIYIELD CAL FD NON-TAX CEF 09254m105 2847 175010 SH SOLE 110685 64325 DREYFUS STRATEGIC MUN BD FUND NON-TAX CEF 26202f107 123 13253 SH SOLE 11253 2000 EATON VANCE MUNICIPAL BOND FUN NON-TAX CEF 27827x101 554 41600 SH SOLE 31700 9900 EATON VANCE TAX ADV FD BOND/OP NON-TAX CEF 27829m103 187 10640 SH SOLE 7640 3000 INVESCO MUNI PREM INC TR SBI NON-TAX CEF 113 12300 SH SOLE 12300 INVESCO VAN KAMPEN CA VALUE TR NON-TAX CEF 46132h106 832 58454 SH SOLE 25854 32600 INVESCO VAN KAMPEN MUNI TRUST NON-TAX CEF 46131j103 291 19320 SH SOLE 10320 9000 MFS INVT GRADE MUNI TR TR SBI NON-TAX CEF 59318b108 160 14644 SH SOLE 14644 NUVEEN CA DIV AD MUNI FD CALIF NON-TAX CEF 67069x104 755 48708 SH SOLE 11373 37335 NUVEEN CA DIV ADV MUN FD NON-TAX CEF 67066y105 403 26563 SH SOLE 20613 5950 NUVEEN CALIFORNIA PREMIUM INCO NON-TAX CEF 6706l0102 169 11209 SH SOLE 17 11192 NUVEEN DIV ADV MUN FD 3 CALIFO NON-TAX CEF 67070y109 500 36200 SH SOLE 18200 18000 NUVEEN DIVID AD MUN FD 2 NON-TAX CEF 290 18870 SH SOLE 15400 3470 NUVEEN ENHANCED MUNI FD NON-TAX CEF 67074m101 216 13600 SH SOLE 13600 NUVEEN MUNI OPPTY FD INC NON-TAX CEF 670984103 249 16623 SH SOLE 14223 2400 NUVEEN MUNICIPAL HIGH INCOME O NON-TAX CEF 670682103 139 10400 SH SOLE 6300 4100 NUVEEN PERFORMANCE PLUS MUNI F NON-TAX CEF 67062p108 292 18110 SH SOLE 16820 1290 NUVEEN PREM INCM MUN II NON-TAX CEF 67063w102 358 23160 SH SOLE 18960 4200 NUVEEN QLTY INCM MUNI FD NON-TAX CEF 670977107 216 13900 SH SOLE 5200 8700 PIMCO CALIF MUN INCM FD CALIFO NON-TAX CEF 72200N106 206 13283 SH SOLE 13283 PIMCO MUN INCOME FUND NON-TAX CEF 72200r107 285 18500 SH SOLE 18500 PIONEER MUNI HIGH INCM NON-TAX CEF 723763108 159 10208 SH SOLE 10208 PUTNAM MANAGED MUNI INCM SHS B NON-TAX CEF 746823103 262 32900 SH SOLE 32900 PUTNAM MUNICIPAL OPPORTUNITIES NON-TAX CEF 746922103 237 18320 SH SOLE 18320 BLACKROCK BUILD AMERICA TAXABLE MUNI CEF 09248x100 980 42581 SH SOLE 19650 22931 NUVEEN BAB TERM FUND TAXABLE MUNI CEF 67074c103 389 18400 SH SOLE 7400 11000 Convertible Promissory Note #1 CONV RUBIN-CP- 250 250000 PRN SOLE 250000 FIDELITY NATIONAL FINANCIAL IN CONV 31620rad7 1111 1000000 PRN SOLE 1000000 TRANSOCEAN INC SER C CVT SR NO CONV 893830aw9 499 500000 PRN SOLE 500000 ABERDEEN ASIA PAC INCM TAXABLE CEF 11966 1566201 SH SOLE 1566201 ADVENT CLAYMORE CONVERT TAXABLE CEF 007639107 118 18444 SH SOLE 15794 2650 ALLIANCEBERNSTEIN GLOBAL HIGH TAXABLE CEF 01879r106 195 13000 SH SOLE 13000 ALLIANCEBERNSTEIN INCM TAXABLE CEF 01881e101 393 47270 SH SOLE 4000 43270 AMERICAN SELECT PORT TAXABLE CEF 029570108 117 11186 SH SOLE 11186 BLKROCK CR ALLO INCOME TRUST I TAXABLE CEF 092508100 576 43463 SH SOLE 8330 35133 CALAMOS CNV HIGH INCM FD TAXABLE CEF 12811p108 555 44175 SH SOLE 1700 42475 CALAMOS CONV OPPRTNTY FD TAXABLE CEF 128117108 851 69060 SH SOLE 48940 20120 CALAMOS STRGC TOT RET FD TAXABLE CEF 128125101 238 24705 SH SOLE 23440 1265 CUTWATER SELECT INCOME FUND FR TAXABLE CEF cdc229100 0 49520 SH SOLE 49520 EATON VANCE LTD DURATION INCOM TAXABLE CEF 27828H105 2215 135894 SH SOLE 67574 68320 GLOBAL HIGH INCOME FUND INC TAXABLE CEF 37933g108 474 38584 SH SOLE 9100 29484 HELIOS TOTAL RETURN FUND TAXABLE CEF 42327v109 575 92054 SH SOLE 38769 53285 M S EMERGING MKTS DEBT TAXABLE CEF 1454 92629 SH SOLE 13914 78715 MFS MULTI MKT INC TRUST SH BEN TAXABLE CEF 552737108 394 55480 SH SOLE 55480 NEXPOINT CR STRATEGIES FD TAXABLE CEF 65340g106 84 13418 SH SOLE 11958 1460 NUVEEN CREDIT STRAT INCM TAXABLE CEF 67073d102 258 28428 SH SOLE 25928 2500 NUVEEN FLOATING RATE INCOME OP TAXABLE CEF 6706en100 1126 94850 SH SOLE 88280 6570 NUVEEN FLTG RATE INCM FD TAXABLE CEF 67072t108 901 77720 SH SOLE 75020 2700 NUVEEN GOVT INCOME FUND TAXABLE CEF 67090n109 438 35310 SH SOLE 30310 5000 NUVEEN PREFERRED INCOME OPPORT TAXABLE CEF 67073b106 104 11560 SH SOLE 11560 NUVEEN QUALITY PFD INCOME FD 2 TAXABLE CEF 67072c105 166 18456 SH SOLE 16889 1567 NUVEEN QUALITY PREFERRED INCOM TAXABLE CEF 67072w101 91 10667 SH SOLE 10200 467 PIMCO CORP & INC OPPTY FUND TAXABLE CEF 72201b101 843 44995 SH SOLE 18795 26200 PIMCO INCOME OPPTY FUND TAXABLE CEF 72202b100 992 36896 SH SOLE 15951 20945 PIMCO INCOME STRA FD II TAXABLE CEF 72201j104 1404 133863 SH SOLE 95632 38231 PIMCO INCOME STRATEGY FD TAXABLE CEF 72201h108 536 44886 SH SOLE 32151 12735 PIONEER FLOATING RATE TR TAXABLE CEF 72369j102 165 13036 SH SOLE 13036 PUTNAM MASTER INTERM SBI INCOM TAXABLE CEF 746909100 80 15687 SH SOLE 15687 PUTNAM PREMIER INC TR SH BEN I TAXABLE CEF 746853100 478 89359 SH SOLE 84109 5250 STRATEGIC GLOBAL INCM FD TAXABLE CEF 862719101 440 40982 SH SOLE 39582 1400 TEMPLETON GLOBAL INCOME FD INC TAXABLE CEF 880198106 3912 422955 SH SOLE 3933 419022 TRANSAMERICA INCOME SHARES INC TAXABLE CEF 893506105 203 8636 SH SOLE 8636 WELLS FARGO ADV INCOME OPPORTU TAXABLE CEF 94987b105 471 46819 SH SOLE 44505 2314 WELLS FARGO ADV MULTI SECTOR I TAXABLE CEF 94987d101 607 39814 SH SOLE 24002 15812 WESTERN ASSET GLOBAL PARTNERS TAXABLE CEF 95766g108 208 16880 SH SOLE 16880 WESTRN ASSET GLOBAL HIGH INCOM TAXABLE CEF 95766b109 236 17756 SH SOLE 17756 WESTRN ASSET WRLDWD INCM TAXABLE CEF 957668106 156 10668 SH SOLE 10668 WSTRN ASSET EMERGE MKT I EMERG TAXABLE CEF 95766f100 214 14650 SH SOLE 11050 3600 WSTRN ASSET EMERGNG MKTS EMERG TAXABLE CEF 95766a101 586 28371 SH SOLE 20371 8000 AGIC GLBL EQTY & CONV CEFS 00119r108 284 22316 SH SOLE 1150 21166 ALPINE TOTAL DYNAMIC FD CEFS 021060108 243 58334 SH SOLE 32034 26300 BLACKROCK ENHANCED EQUITY DIVI CEFS 09251a104 648 89447 SH SOLE 88915 532 BLACKROCK GLOBAL OPPTYS CEFS 092501105 178 13435 SH SOLE 9260 4175 BLACKROCK INTL GROWTH TR CEFS 092524107 214 30100 SH SOLE 16200 13900 BLCKRCK ENHCD CAP & INCM CEFS 09256a109 279 21800 SH SOLE 16100 5700 CALAMOS GLOBAL INCOME FD CEFS 12811l107 114 13537 SH SOLE 13537 CLOUGH GLOBAL OPPTY FD CEFS 18914e106 225 20930 SH SOLE 14670 6260 COHEN & STEERS CLOSD END CEFS 19248p106 332 27230 SH SOLE 22560 4670 COHEN & STEERS GLBL INCM CEFS 19248m103 116 11600 SH SOLE 5300 6300 COHEN & STEERS INFRASTRUCTURE CEFS 19248A109 196 11374 SH SOLE 10214 1160 DIVIDEND AND INCOME FUND CEFS 25538a105 137 40800 SH SOLE 30000 10800 EATON VANCE ENHANCE EQTY CEFS 278277108 112 10500 SH SOLE 4700 5800 EATON VANCE RISK MANAGED CEFS 27829g106 685 66850 SH SOLE 36050 30800 EATON VANCE TAX MANAGED CEFS 27828n102 501 55190 SH SOLE 25090 30100 EATON VANCE TAX MGD BUY CEFS 27828y108 363 29200 SH SOLE 17900 11300 EATON VANCE TAX-MANAGED GLOBAL CEFS 27829c105 430 41016 SH SOLE 40816 200 ING GLOBAL EQTY DIV PREM CEFS 45684e107 183 20750 SH SOLE 13850 6900 LIBERTY ALL-STAR EQUITY FUND S CEFS 530158104 208 46189 SH SOLE 46189 NFJ DIVIDEND INTEREST FD CEFS 65337h109 238 14200 SH SOLE 8300 5900 TEMPLETON DRAGON FD INC COM CEFS 88018T101 12428 468998 SH SOLE 933 468065 WELLS FARGO ADV GLOBAL DIVIDEN CEFS 94987c103 220 28000 SH SOLE 21000 7000 ISHARES TR S&P NATL AMTFREE ETF 464288414 756 6870 SH SOLE 6870 SPDR NUVEEN BARCLAYS CAP MUNIC ETF 78464a458 208 8610 SH SOLE 8610 POWERSHARES EXCH TRAD FD BUILD TAXABLE MUNI ETF 73937b407 9085 305891 SH SOLE 270625 35266 PROSHARES ULTRA BASIC MATERIAL ETFS 74347r776 1124 35000 SH SOLE 35000 ISHARES GOLD TRUST ETF 464285105 3574 229698 SH SOLE 220028 9670 SPDR GOLD TRUST SPDR GOLD SHAR ETF 78463V107 4957 31942 SH SOLE 23022 8920 EATON VANCE TAX ADVANTAGED DIV CEFS 27828g107 1097 68629 SH SOLE 19700 48929 EATON VANCE TAX ADVANTAGED GLO CEFS 27828s101 562 42291 SH SOLE 42291 EATON VANCE TAX-ADVANTAGED GLO CEFS 27828u106 944 52400 SH SOLE 15300 37100 EV TAX MAN GLB DIV EQTY CEFS 27829f108 268 32300 SH SOLE 9100 23200 GABELLI EQUITY TRUST INC CEFS 362397101 1562 290374 SH SOLE 47900 242474 ALPINE GLOBAL PREMIER FD REIT CEF 02083a103 583 92260 SH SOLE 53500 38760 REDWOOD TRUST INC REIT REIT CEF 758075402 146 11700 SH SOLE 11700 AMERICAN CAPITAL AGENCY REITS ETF 02503x105 3112 92584 SH SOLE 79877 12707 ANNALY CAPITAL MGMT REIT ETF 035710409 8504 506783 SH SOLE 437733 69050 ANWORTH MTG ASSET CORP REIT ETF 037347101 1300 184465 SH SOLE 168285 16180 CAPSTEAD MORTGAGE CP NEW ETF 14067e506 270 19400 SH SOLE 19400 CHIMERA INVESTMENT CORPORATION ETF 16934q109 38 16000 SH SOLE 16000 CYS INVESTMENTS INC ETF 12673a108 1613 117160 SH SOLE 101623 15537 EXCEL TRUST INC REIT ETF 30068c109 257 21500 SH SOLE 21500 HATTERAS FINANCIAL CORP ETF 41902r103 1009 35290 SH SOLE 24220 11070 HUDSON PAC PPTYS INC REIT ETF 42221n104 288 16525 SH SOLE 16525 LC-RIMROCK LP CLASSA BASED O ETF 922997861 191 190000 SH SOLE 190000 NORTHSTAR REALTY FIN CP REITS ETF 66704r100 174 33300 SH SOLE 33300 PARKWAY PROPERTIES INC REIT ETF 70159q104 185 16175 SH SOLE 16175