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
PROSPECT CAPITAL 5.5%16 DUE 08/15/16 NOTE 74348TAD4 221 220,000 PRN   SOLE   220,000 0 0
CANADIAN SOLAR 4.25%19F DUE 02/15/19 CANADIAN SOLAR INC NOTE 4.250% 2/1 136635AE9 177 210,000 PRN   SOLE   210,000 0 0
INVENSENSE INC 1.75%18 DUE 11/01/18 NOTE 46123DAB2 335 365,000 PRN   SOLE   365,000 0 0
YANDEX N V 1.125%18F DUE 12/15/18 YANDEX N V NOTE 98474TAB3 270 305,000 PRN   SOLE   305,000 0 0
PEABODY ENERGY C 4.75%66 DUE 12/15/66 NOTE 704549AG9 0 40,000 PRN   SOLE   40,000 0 0
B G C PARTNERS 4.5%16 DUE 07/15/16 NOTE 05541TAD3 121 118,000 PRN   SOLE   118,000 0 0
NUANCE COMMUN IN 2.75%31 CONV BONDS DUE 11/01/31 NOTE 67020YAF7 25 25,000 PRN   SOLE   25,000 0 0
ABB LTD F ADR 1 ADR REPS 1 ORD SHS SPONSORED ADR 000375204 293 15,100 SH   SOLE   15,100 0 0
A G C O CORP COM 001084102 249 5,000 SH   SOLE   5,000 0 0
AMC NETWORKS INC CL CLASS A CL A 00164V103 1,423 21,912 SH   SOLE   21,912 0 0
A T & T INC COM 00206R102 4,212 107,539 SH   SOLE   107,539 0 0
ABBVIE INC COM 00287Y109 1,919 33,590 SH   SOLE   33,590 0 0
ACUITY BRANDS INC COM 00508Y102 218 1,000 SH   SOLE   1,000 0 0
ADV SEMICNDCTOR ENG F ADR 1 ADR REPS 5 ORD SHS SPONSORED ADR 00756M404 78 13,325 SH   SOLE   13,325 0 0
AEGON NV F ADR 1 ADR REPS 1 ORD SHS NY REGISTRY S 007924103 110 20,000 SH   SOLE   20,000 0 0
AETNA INC COM 00817Y108 689 6,130 SH   SOLE   6,130 0 0
AGREE REALTY CORP REIT COM 8492100 328 8,518 SH   SOLE   8,518 0 0
AIRGAS INC COM 009363102 1,700 12,000 SH   SOLE   12,000 0 0
ALIBABA GROUP HLDG F ADR 1 ADR REPS 1 ORD SHS SPONSORED ADS 01609W102 2,752 34,823 SH   SOLE   34,823 0 0
ALLIANCE DATA SYSTEM COM 18581108 1,278 5,807 SH   SOLE   5,807 0 0
ALLSTATE CORPORATION COM 020002101 533 7,910 SH   SOLE   7,910 0 0
AMAZON COM INC COM 023135106 259 437 SH   SOLE   437 0 0
AMERICA MOVIL SAB F ADR 1 ADR REPS 20 ORD SHS SPONSORED ADR 02364W105 276 17,800 SH   SOLE   17,800 0 0
AMERIGAS PARTNERS, L LP COMMON UNIT LTD PTR 030975106 655 15,076 SH   SOLE   15,076 0 0
AMGEN INCORPORATED COM 031162100 814 5,429 SH   SOLE   5,429 0 0
APPLE INC COM 037833100 4,625 42,439 SH   SOLE   42,438 0 0
ARBUTUS BIOPHARMA CO F COM 03879J100 106 25,722 SH   SOLE   25,722 0 0
ASTRAZENECA PLC F ADR 1 ADR REPS 0.5 ORD SHS SPONSORED ADR 046353108 803 28,518 SH   SOLE   28,518 0 0
BB&T CORPORATION COM 54937107 1,132 34,023 SH   SOLE   34,023 0 0
B G C PARTNERS CLASS A COM 05541T101 1,751 193,441 SH   SOLE   193,441 0 0
BP PLC F ADR 1 ADR REPS 6 ORD SHS SPONSORED ADR 055622104 734 24,305 SH   SOLE   24,305 0 0
BAIDU INC F ADR 1 ADR REPS 0.1 ORD SHS SPON ADR REP A 56752108 2,147 11,247 SH   SOLE   11,247 0 0
BALCHEM CORP COM 57665200 1,694 27,318 SH   SOLE   27,318 0 0
BANK OF AMERICA CORP COM 60505104 146 10,773 SH   SOLE   10,773 0 0
BANK OF NY MELLON CO COM 064058100 958 26,000 SH   SOLE   26,000 0 0
BAXALTA INCORPORATED COM 07177M103 323 8,000 SH   SOLE   8,000 0 0
BAXTER INTERNATIONAL COM 071813109 329 8,000 SH   SOLE   8,000 0 0
BLACKSTONE GROUP LP LP COM UNIT LTD 09253U108 533 18,990 SH   SOLE   18,990 0 0
BOEING CO COM 097023105 857 6,748 SH   SOLE   6,748 0 0
BOTTOMLINE TECH COM 101388106 1,777 58,270 SH   SOLE   58,270 0 0
BRISTOL-MYERS SQUIBB COM 110122108 850 13,300 SH   SOLE   13,300 0 0
BROADSOFT INC COM 11133B409 1,536 38,078 SH   SOLE   38,078 0 0
BUCKEYE PARTNERS LP LP COMMON UNIT LTD PTR 118230101 330 4,850 SH   SOLE   4,850 0 0
CECO ENVIRONMENTAL COM 125141101 214 34,526 SH   SOLE   34,526 0 0
CIGNA CORP COM 125509109 2,075 15,120 SH   SOLE   15,120 0 0
CPFL ENERGIA SA F ADR 1 ADR REPS 2 ORD SHS SPONSORED ADR 126153105 147 13,464 SH   SOLE   13,464 0 0
CVS HEALTH CORP COM 126650100 649 6,258 SH   SOLE   6,258 0 0
CYS INVESTMENTS REIT COM 12673A108 204 25,000 SH   SOLE   25,000 0 0
CALIFORNIA RESOURCES COM 13057Q107 25 24,300 SH   SOLE   24,300 0 0
CALUMET SPECIALTY PR LP COMMON UNIT LTD PTR 131476103 299 25,415 SH   SOLE   25,415 0 0
CARDINAL HEALTH INC COM 14149Y108 410 5,000 SH   SOLE   5,000 0 0
CARNIVAL CORP F COM 143658300 264 5,000 SH   SOLE   5,000 0 0
CATERPILLAR INC COM 149123101 328 4,286 SH   SOLE   4,286 0 0
CEDAR FAIR, L.P. LP DEPOSITRY UNIT 150185106 447 7,516 SH   SOLE   7,516 0 0
CEMEX SAB DE C V F ADR 1 ADR REPS 10 ORD SHS SPONSORED ADR 151290889 180 24,746 SH   SOLE   24,746 0 0
CHECKPOINT SYSTEMS COM 162825103 601 59,394 SH   SOLE   59,394 0 0
CHEMBIO DIAGNOSTICS COM 163572209 68 11,269 SH   SOLE   11,269 0 0
CHEMOURS COMPANY COM 163851108 98 13,976 SH   SOLE   13,976 0 0
CHENIERE ENERGY INC COM 16411R208 238 7,040 SH   SOLE   7,040 0 0
CHEVRON CORPORATION COM 166764100 1,740 18,244 SH   SOLE   18,244 0 0
CISCO SYSTEMS INC COM 17275R102 1,881 66,087 SH   SOLE   66,087 0 0
CITIGROUP INC COM 172967424 268 6,423 SH   SOLE   6,423 0 0
COCA COLA COMPANY COM 191216100 2,438 52,563 SH   SOLE   52,563 0 0
COLGATE-PALMOLIVE CO COM 194162103 581 8,230 SH   SOLE   8,230 0 0
COMCAST CORPORATION CLASS A COM 20030N101 3,087 50,540 SH   SOLE   50,540 0 0
CONOCOPHILLIPS COM 20825C104 934 23,202 SH   SOLE   23,202 0 0
CORE MOLDING TECHS COM 218683100 195 15,625 SH   SOLE   15,625 0 0
CORNING INC COM 219350105 2,060 98,630 SH   SOLE   98,630 0 0
CRANE COMPANY COM 224399105 433 8,040 SH   SOLE   8,040 0 0
CUBIC CORP COM 229669106 1,500 37,539 SH   SOLE   37,539 0 0
CUMBERLAND PHARMA COM 230770109 158 35,078 SH   SOLE   35,078 0 0
CUMMINS INC COM 231021106 374 3,404 SH   SOLE   3,404 0 0
D T S INC COM 23335C101 243 11,174 SH   SOLE   11,174 0 0
DEL FRISCOS RESTAURT COM 245077102 334 20,157 SH   SOLE   20,157 0 0
DICKS SPORTING GOODS COM 253393102 1,437 30,735 SH   SOLE   30,735 0 0
DISCOVER FINANCIAL S COM 254709108 268 5,269 SH   SOLE   5,269 0 0
DOLLAR TREE INC COM 256746108 660 8,000 SH   SOLE   8,000 0 0
DOMINION RES INC VA COM 25746U109 300 4,000 SH   SOLE   4,000 0 0
DOW CHEMICAL COMPANY COM 260543103 1,365 26,829 SH   SOLE   26,829 0 0
DREYFUS MUNICIPAL INCOME COM 26201R102 101 10,372 SH   SOLE   10,372 0 0
DU PONT EI DE NEMOUR COM 263534109 2,811 44,395 SH   SOLE   44,395 0 0
DUKE ENERGY CORP COM 26441C204 1,152 14,275 SH   SOLE   14,275 0 0
EAGLE MATERIALS INC COM 26969P108 1,385 19,758 SH   SOLE   19,758 0 0
EAGLE PHARMACEUTICAL COM 269796108 972 24,000 SH   SOLE   24,000 0 0
EDWARDS LIFESCIENCES COM 28176E108 353 4,000 SH   SOLE   4,000 0 0
EMERSON ELECTRIC CO COM 291011104 1,000 18,394 SH   SOLE   18,394 0 0
ENERGY TRANSFER PART LP COMMON UNIT LTD PTR 29273R109 7,026 217,268 SH   SOLE   217,268 0 0
EURONET WORLDWIDE COM 298736109 870 11,737 SH   SOLE   11,737 0 0
EXPRESS SCRIPTS HLDG COM 30219G108 655 9,531 SH   SOLE   9,531 0 0
EXXON MOBIL CORP COM 30231G102 3,051 36,505 SH   SOLE   36,505 0 0
F5 NETWORKS INC COM 315616102 1,539 14,542 SH   SOLE   14,542 0 0
FIRST SOLAR INC COM 336433107 274 4,000 SH   SOLE   4,000 0 0
FLY LEASING LTD F ADR 1 ADR REPS 1 ORD SHS SPONSORED ADR 34407D109 1,289 101,388 SH   SOLE   101,388 0 0
FONAR CORP COM NEW 344437405 216 14,036 SH   SOLE   14,036 0 0
FORD MOTOR COMPANY COM 345370860 450 33,328 SH   SOLE   33,328 0 0
GENERAL ELECTRIC CO COM 369604103 3,267 102,754 SH   SOLE   102,754 0 0
GENERAL MOTORS CO COM 37045V100 690 21,956 SH   SOLE   21,955 0 0
GENTHERM INC COM 37253A103 1,358 32,645 SH   SOLE   32,645 0 0
GLAXOSMITHKLINE PLC F ADR 1 ADR REPS 2 ORD SHS SPONSORED ADR 37733W105 1,482 36,552 SH   SOLE   36,552 0 0
GOLDMAN SACHS GROUP COM 38141G104 228 1,454 SH   SOLE   1,454 0 0
ALPHABET INC. CLASS A COM 38259P508 1,318 1,727 SH   SOLE   1,727 0 0
ALPHABET INC. CLASS C COM 38259P706 1,839 2,468 SH   SOLE   2,468 0 0
HFF INC CLASS A CL A 40418F108 1,108 40,238 SH   SOLE   40,238 0 0
HARRIS CORPORATION COM 413875105 312 4,001 SH   SOLE   4,001 0 0
HP INC. COM 428236103 159 12,886 SH   SOLE   12,886 0 0
HEWLETT PACKARD ENTE COM 42824C109 228 12,886 SH   SOLE   12,886 0 0
HILLENBRAND INC COM 431571108 241 8,049 SH   SOLE   8,049 0 0
HOLLY ENERGY PARTNER LP COM UT LTD PTN 435763107 748 22,114 SH   SOLE   22,114 0 0
HOLLYFRONTIER CORP COM 436106108 530 14,993 SH   SOLE   14,993 0 0
HOME DEPOT INC COM 437076102 755 5,658 SH   SOLE   5,658 0 0
HONEYWELL INTL INC COM 438516106 1,253 11,186 SH   SOLE   11,186 0 0
HOSPITALITY PROP TR REIT COM SH BEN INT 44106M102 950 35,754 SH   SOLE   35,754 0 0
HUNTSMAN CORPORATION COM 447011107 6,999 526,215 SH   SOLE   526,215 0 0
ICICI BANK LTD F ADR 1 ADR REPS 2 ORD SHS SPONSORED ADR 45104G104 179 25,000 SH   SOLE   25,000 0 0
ILLINOIS TOOL WORKS COM 452308109 208 2,035 SH   SOLE   2,035 0 0
INSTEEL INDUSTRIES COM 45774W108 334 10,933 SH   SOLE   10,933 0 0
INOVALON HOLDINGS CLASS A COM CL A 45781D101 1,283 69,288 SH   SOLE   69,288 0 0
INTEGRATED DEVICE TE COM 458118106 1,561 76,391 SH   SOLE   76,391 0 0
INTEL CORP COM 458140100 1,981 61,234 SH   SOLE   61,234 0 0
INTELIQUENT INC COM 45825N107 763 47,561 SH   SOLE   47,561 0 0
IBM CORP COM 459200101 2,467 16,288 SH   SOLE   16,288 0 0
IRIDEX CORP COM 462684101 225 21,987 SH   SOLE   21,987 0 0
JPMORGAN CHASE & CO COM 46625H100 968 16,348 SH   SOLE   16,348 0 0
JOHNSON & JOHNSON COM 478160104 2,154 19,904 SH   SOLE   19,904 0 0
KADANT INC COM 48282T104 203 4,492 SH   SOLE   4,492 0 0
KIMBERLY-CLARK CORP COM 494368103 465 3,455 SH   SOLE   3,455 0 0
KULICKE & SOFFA INDS COM 501242101 136 12,000 SH   SOLE   12,000 0 0
LTC PROPERTIES, INC. REIT COM 502175102 922 20,388 SH   SOLE   20,388 0 0
LANDEC CORP COM 514766104 195 18,559 SH   SOLE   18,559 0 0
LIGAND PHARMA COM 53220K504 321 3,000 SH   SOLE   3,000 0 0
LINKEDIN CORP CLASS A COM 53578A108 845 7,392 SH   SOLE   7,392 0 0
M D C PTNRS INC F CLASS A CL A SUB VTG 552697104 1,787 75,704 SH   SOLE   75,704 0 0
CLASS A COM CL A 56117J100 171 10,435 SH   SOLE   10,435 0 0
MANULIFE FINANCIAL F COM 56501R106 198 14,028 SH   SOLE   14,028 0 0
MARATHON OIL CORP COM 565849106 169 15,200 SH   SOLE   15,200 0 0
MARATHON PETE CORP COM 56585A102 820 22,042 SH   SOLE   22,042 0 0
MARKET VECTORS RUSSIA ETF RUSSIA ETF 57060U506 965 58,958 SH   SOLE   58,958 0 0
MARKET VECTORS BRAZIL SMALL CAP ETF BRAZL SMCP ETF 57060U613 813 65,923 SH   SOLE   65,923 0 0
MATTEL INCORPORATED COM 577081102 1,179 35,058 SH   SOLE   35,058 0 0
MAXIM INTEGRATED PRO COM 57772K101 1,312 35,659 SH   SOLE   35,659 0 0
MEDIVATION INC COM 58501N101 1,560 33,933 SH   SOLE   33,933 0 0
MERCADOLIBRE INC COM 58733R102 1,619 13,734 SH   SOLE   13,734 0 0
MERCK & CO INC COM 58933Y105 3,242 61,273 SH   SOLE   61,273 0 0
MERCURY SYSTEMS INC COM 589378108 334 16,442 SH   SOLE   16,442 0 0
MERIDIAN BIOSCIENCE COM 589584101 988 47,942 SH   SOLE   47,942 0 0
METHODE ELECTRONICS COM 591520200 1,715 58,667 SH   SOLE   58,667 0 0
MICROSOFT CORP COM 594918104 2,482 44,932 SH   SOLE   44,932 0 0
MICRON TECHNOLOGY COM 595112103 1,034 98,712 SH   SOLE   98,712 0 0
MISONIX INC COM 604871103 97 15,976 SH   SOLE   15,976 0 0
MISTRAS GROUP INC COM 60649T107 333 13,441 SH   SOLE   13,441 0 0
MOTOROLA SOLUTIONS COM NEW 620076307 227 3,000 SH   SOLE   3,000 0 0
MUELLER WATER PRODUC COM SER A 624758108 1,913 193,601 SH   SOLE   193,601 0 0
NCI INC CLASS A CL A 62886K104 189 13,515 SH   SOLE   13,515 0 0
NV5 GLOBAL INC COM 62945V109 243 9,051 SH   SOLE   9,051 0 0
NATIONAL CINEMEDIA COM 635309107 914 60,077 SH   SOLE   60,077 0 0
NEW YORK CMNTY BANCO COM 649445103 461 28,971 SH   SOLE   28,971 0 0
NEXTERA ENERGY INC COM 65339F101 448 3,782 SH   SOLE   3,782 0 0
NOBILIS HEALTH CORP F COM 65500B103 55 17,721 SH   SOLE   17,721 0 0
NORTHERN TRUST CORP COM 665859104 456 7,000 SH   SOLE   7,000 0 0
NORTHROP GRUMMAN CO COM 666807102 210 1,059 SH   SOLE   1,059 0 0
NUANCE COMMUN INC COM 67020Y100 260 13,889 SH   SOLE   13,889 0 0
NUVEEN NEW YORK AMT FREE COM 670656107 511 38,000 SH   SOLE   38,000 0 0
OCCIDENTAL PETROL CO COM 674599105 1,678 24,520 SH   SOLE   24,520 0 0
OLD REPUBLIC INTL CO COM 680223104 910 49,796 SH   SOLE   49,796 0 0
OMNICOM GROUP INC COM 681919106 467 5,609 SH   SOLE   5,609 0 0
OMEGA FLEX INC COM 682095104 212 6,082 SH   SOLE   6,082 0 0
ORACLE CORPORATION COM 68389X105 403 9,855 SH   SOLE   9,855 0 0
ORCHIDS PAPER PRODS COM 68572N104 1,389 50,486 SH   SOLE   50,486 0 0
PNC FINANCIAL SRVCS COM 693475105 463 5,479 SH   SOLE   5,479 0 0
PPL CORPORATION COM 69351T106 3,427 90,009 SH   SOLE   90,009 0 0
PACWEST BANCORP COM 695263103 6,592 177,431 SH   SOLE   177,431 0 0
PATRICK INDUSTRIES COM 703343103 217 4,775 SH   SOLE   4,775 0 0
PEGASYSTEMS INC COM 705573103 1,733 68,299 SH   SOLE   68,299 0 0
PEPSICO INCORPORATED COM 713448108 1,503 14,662 SH   SOLE   14,662 0 0
PERFICIENT INC COM 71375U101 232 10,699 SH   SOLE   10,699 0 0
PETROLEO BRASILEIRO F ADR 1 ADR REPS 2 ORD SHS SPONSORED ADR 71654V408 105 18,000 SH   SOLE   18,000 0 0
PFIZER INCORPORATED COM 717081103 2,200 74,227 SH   SOLE   74,227 0 0
PHILIP MORRIS INTL COM 718172109 1,102 11,232 SH   SOLE   11,232 0 0
PHILLIPS 66 COM 718546104 1,130 13,045 SH   SOLE   13,045 0 0
POTASH CORP SASK INC F COM 73755L107 872 51,236 SH   SOLE   51,236 0 0
T ROWE PRICE GROUP COM 74144T108 291 3,964 SH   SOLE   3,964 0 0
PROCTER & GAMBLE COM 742718109 886 10,765 SH   SOLE   10,765 0 0
PROSPECT CAPITAL CO COM 74348T102 87 12,000 SH   SOLE   12,000 0 0
PRUDENTIAL FINANCIAL COM 744320102 822 11,378 SH   SOLE   11,378 0 0
QUAKER CHEMICAL CORP COM 747316107 1,969 23,200 SH   SOLE   23,200 0 0
QUALCOMM INC COM 747525103 448 8,770 SH   SOLE   8,770 0 0
QUALITY SYSTEMS INC COM 747582104 810 53,124 SH   SOLE   53,124 0 0
QUANTUM CP DLT & STO COM DSSG 747906204 7 12,000 SH   SOLE   12,000 0 0
RPM INTERNATIONAL COM 749685103 615 13,000 SH   SOLE   13,000 0 0
RANGE RESOURCES CORP COM 75281A109 372 11,500 SH   SOLE   11,500 0 0
REDHAT INC COM 756577102 1,778 23,864 SH   SOLE   23,864 0 0
REGIONS FINANCIAL CO COM 7591EP100 126 16,000 SH   SOLE   16,000 0 0
RELM WIRELESS CORP com 759525108 90 20,000 SH   SOLE   20,000 0 0
RITE AID CORPORATION COM 767754104 656 80,540 SH   SOLE   80,540 0 0
ROBERT HALF INTL COM 770323103 5,412 116,180 SH   SOLE   116,180 0 0
ROCKWELL AUTOMATION COM 773903109 569 5,000 SH   SOLE   5,000 0 0
ROYAL BANK OF CANADA F COM 780087102 576 10,000 SH   SOLE   10,000 0 0
ROYAL DUTCH SHELL F ADR 1 ADR REPS 2 ORD SHS SPONS ADR A 780259206 372 7,668 SH   SOLE   7,668 0 0
SPDR S&P 500 ETF IV TR UNIT 78462F103 1,660 8,076 SH   SOLE   8,075 0 0
SANOFI SPOND F ADR 1 ADR REPS 0.5 ORD SHS SPONSORED ADR 80105N105 1,386 34,513 SH   SOLE   34,513 0 0
SENSIENT TECHNOLOGIE COM 81725T100 213 3,358 SH   SOLE   3,357 0 0
SERITAGE GROWTH PROP CLASS A CL A 81752R100 755 15,110 SH   SOLE   15,110 0 0
SHERWIN WILLIAMS CO COM 824348106 1,708 6,000 SH   SOLE   6,000 0 0
SIMON PPTY GROUP REIT COM 828806109 575 2,770 SH   SOLE   2,770 0 0
SIMULATIONS PLUS INC COM 829214105 194 21,933 SH   SOLE   21,933 0 0
SIX FLAGS ENTERTAINM COM 83001A102 718 12,940 SH   SOLE   12,940 0 0
SKYWORKS SOLUTIONS COM 83088M102 1,567 20,113 SH   SOLE   20,113 0 0
SOUTHERN COMPANY COM 842587107 1,489 28,791 SH   SOLE   28,791 0 0
SOUTHWEST AIRLINES COM 844741108 325 7,250 SH   SOLE   7,250 0 0
SPIRIT AIRLINES COM 848577102 1,243 25,915 SH   SOLE   25,915 0 0
STARWOOD PPTY TRUST REIT COM 85571B105 872 46,050 SH   SOLE   46,050 0 0
SYNTEL INC COM 87162H103 1,835 36,761 SH   SOLE   36,761 0 0
TALEN ENERGY CORPORA COM 87422J105 112 12,415 SH   SOLE   12,415 0 0
TATA MOTORS LTD F ADR 1 ADR REPS 5 ORD SHS SPONSORED ADR 876568502 1,085 37,342 SH   SOLE   37,342 0 0
TEGNA INC COM 87901J105 201 8,582 SH   SOLE   8,582 0 0
TEREX CORP COM 880779103 1,511 60,741 SH   SOLE   60,741 0 0
TERRA NITROGEN CO LP LP COMMON UNIT LTD PTR 881005201 577 5,186 SH   SOLE   5,186 0 0
TEVA PHARM INDS LTD F ADR 1 ADR REPS 1 ORD SHS SPONSORED ADR 881624209 749 14,000 SH   SOLE   14,000 0 0
THERMO FISHER SCNTFC COM 883556102 258 1,820 SH   SOLE   1,820 0 0
3M COMPANY COM 88579Y101 1,086 6,518 SH   SOLE   6,518 0 0
TIFFANY & CO COM 886547108 5,504 75,000 SH   SOLE   75,000 0 0
TOTAL S A F ADR 1 ADR REPS 1 ORD SHS SPONSORED ADR 89151E109 266 5,854 SH   SOLE   5,854 0 0
TRAVELERS COMPANIES COM 89417E109 700 6,001 SH   SOLE   6,001 0 0
TRECORA RESOURCES COM 894648104 159 16,517 SH   SOLE   16,517 0 0
TRIANGLE CAPITAL CO COM 895848109 711 34,566 SH   SOLE   34,566 0 0
TUPPERWARE BRANDS CO COM 899896104 838 14,459 SH   SOLE   14,459 0 0
TWITTER INC COM 90184L102 439 26,500 SH   SOLE   26,500 0 0
USA TECHNOLOGIES INC COM NO PAR 90328S500 254 58,180 SH   SOLE   58,180 0 0
UNITED PARCEL SRVC CLASS B CL B 911312106 400 3,792 SH   SOLE   3,792 0 0
UNITED TECHNOLOGIES COM 913017109 267 2,665 SH   SOLE   2,665 0 0
UNITEDHEALTH GRP INC COM 91324P102 788 6,113 SH   SOLE   6,113 0 0
UNIVEST CORP PA COM 915271100 729 37,361 SH   SOLE   37,361 0 0
VALERO ENERGY CORP COM 91913Y100 292 4,558 SH   SOLE   4,558 0 0
VALLEY NATIONAL BANC COM 919794107 633 66,300 SH   SOLE   66,300 0 0
VEREIT INC REIT COM 92339V100 2,727 307,486 SH   SOLE   307,486 0 0
VERIZON COMMUNICATN COM 92343V104 3,160 58,434 SH   SOLE   58,434 0 0
VIACOM INC CLASS B CL B 92553P201 6,876 166,570 SH   SOLE   166,570 0 0
W.P. CAREY INC. REIT COM 92936U109 4,800 77,115 SH   SOLE   77,115 0 0
W E C ENERGY GROUP I COM 92939U106 468 7,791 SH   SOLE   7,791 0 0
WAL-MART STORES INC COM 931142103 555 8,110 SH   SOLE   8,110 0 0
WELLS FARGO & CO COM 949746101 1,748 36,146 SH   SOLE   36,145 0 0
WESTLAKE CHEMICAL CO COM 960413102 394 8,504 SH   SOLE   8,504 0 0
WESTPAC BANKING LTD F ADR 1 ADR REPS 1 ORD SHS SPONSORED ADR 961214301 790 33,953 SH   SOLE   33,953 0 0
WESTWOOD HOLDINGS GP COM 961765104 232 3,958 SH   SOLE   3,958 0 0
XCEL ENERGY INC COM 98389B100 287 6,872 SH   SOLE   6,872 0 0
XEROX CORP COM 984121103 402 35,983 SH   SOLE   35,983 0 0
ZIMMER BIOMET HLDGS COM 98956P102 235 2,200 SH   SOLE   2,200 0 0
ZIX CORPORATION COM 98974P100 181 46,138 SH   SOLE   46,138 0 0
EATON CORP PLC F COM G29183103 2,141 34,221 SH   SOLE   34,221 0 0
ENDURANCE SPECALTY F SHS G30397106 1,204 18,424 SH   SOLE   18,424 0 0
JAZZ PHARMACEUTICAL F SHS USD G50871105 487 3,730 SH   SOLE   3,730 0 0
MEDTRONIC PLC F COM G5960L103 409 5,458 SH   SOLE   5,458 0 0
SEAGATE TECHNOLOGY F COM G7945M107 1,319 38,300 SH   SOLE   38,300 0 0
PERRIGO CO PLC F SHS G97822103 4,958 38,755 SH   SOLE   38,755 0 0
NOVA MEASURING INSTR F COM M7516K103 205 19,703 SH   SOLE   19,703 0 0
RADWARE LTD F ORD M81873107 180 15,209 SH   SOLE   15,209 0 0
SILICOM LIMITED F ORD M84116108 208 6,103 SH   SOLE   6,103 0 0
TARO PHARMA INDS F COM M8737E108 519 3,625 SH   SOLE   3,625 0 0
LYONDELLBASELL INDS F CLASS A COM N53745100 328 3,829 SH   SOLE   3,829 0 0
MYLAN NV F SHS EURO N59465109 3,150 67,964 SH   SOLE   67,964 0 0
VANGUARD INTERMEDIATE TERM COR ETF INT-TERM CORP 92206C870 3,338 38,398 SH   SOLE   38,398 0 0
PATTERN ENERGY CLASS A CL A 70338P100 5,747 301,371 SH   SOLE   301,371 0 0
SCHULMAN A INC COM 808194104 2,939 107,982 SH   SOLE   107,982 0 0
TIME INC COM 887228104 5,805 375,958 SH   SOLE   375,958 0 0
SABRA HLTH CARE REIT COM 78573L106 4,770 237,426 SH   SOLE   237,426 0 0
STAG INDUSTRIAL INC REIT COM 85254J102 6,232 306,112 SH   SOLE   306,112 0 0
HEALTHSTREAM INC COM 42222N103 290 13,113 SH   SOLE   13,113 0 0
VANGUARD S&P 500 ETF S&P 500 ETF SHS 922908363 5,784 30,677 SH   SOLE   30,677 0 0
ISHARES 3-7 YEAR TRERY BOND ETF 3-7 YR TR BD ETF 464288661 6,421 50,984 SH   SOLE   50,984 0 0
ISHARES 7-10 YEAR TRSURY BOND ETF 7-10 Y TR BD ETF 464287440 5,532 50,136 SH   SOLE   50,136 0 0
ISHARES SHORT TREASURY BOND ETF SHRT TRS BD ETF 464288679 6,132 55,562 SH   SOLE   55,562 0 0
ISHARES 1-3 YEAR TREASRY BOND ETF 1-3 YR TR BD ETF 464287457 7,333 86,241 SH   SOLE   86,241 0 0
GLOBALSCAPE INC COM 37940G109 268 70,573 SH   SOLE   70,573 0 0
C N A FINANCIAL CORP COM 126117100 5,467 169,895 SH   SOLE   169,895 0 0
CORRECTION CORP AMER COM NEW 22025Y407 5,611 175,067 SH   SOLE   175,067 0 0
SPDR BARCLAYS HIGH YIELD BOND ETF BRC HGH YLD 78464A417 63,133 1,843,291 SH   SOLE   1,843,291 0 0
LINCOLN NATIONAL CO COM 534187109 4,855 123,845 SH   SOLE   123,845 0 0
M D U RESOURCES GRP COM 552690109 5,118 263,003 SH   SOLE   263,003 0 0
MYERS INDUSTRIES INC COM 628464109 1,736 134,986 SH   SOLE   134,986 0 0
OLIN CORP COM PAR $1 680665205 6,440 370,747 SH   SOLE   370,747 0 0
DOMTAR CORPORATION F COM NEW 257559203 6,328 156,249 SH   SOLE   156,249 0 0
G E O GROUP INC NEW REIT COM 36162J106 5,708 164,630 SH   SOLE   164,630 0 0
GOVERNMENT PROPERTIE REIT COM SHS BEN INT 38376A103 6,487 363,402 SH   SOLE   363,402 0 0
LEXINGTON REALTY TR REIT COM 529043101 6,165 716,848 SH   SOLE   716,848 0 0
ISHARES CORE S&P MID CAP ETF CORE S&P MCP ETF 464287507 237 1,646 SH   SOLE   1,645 0 0
ISHARES IBOXX HIGH YIELD BOND ETF IBOXX HI YD ETF 464288513 62,856 769,442 SH   SOLE   769,441 0 0
COVANTA HOLDING CORP COM 22282E102 1,052 62,406 SH   SOLE   62,406 0 0
MCKESSON CORPORATION COM 58155Q103 5,037 32,031 SH   SOLE   32,031 0 0
RAIT FINANCIAL TRUST REIT COM NEW 749227609 38 12,000 SH   SOLE   12,000 0 0
CF INDUSTRIES HLDG COM 125269100 4,397 140,300 SH   SOLE   140,300 0 0
CYPRESS SEMICONDUCTR COM 232806109 5,660 653,597 SH   SOLE   653,597 0 0
DELEK US HOLDINGS COM 246647101 4,783 313,868 SH   SOLE   313,868 0 0
MORGAN STANLEY COM NEW 617446448 5,068 202,625 SH   SOLE   202,625 0 0