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