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
ALBEMARLE CORP COM 012653101 736 9,286 SH   SOLE 9,286 0 0
AMERICAN AIRLS GROUP INC COM 02376R102 336 11,879 SH   SOLE 11,879 0 0
ANADARKO PETE CORP COM 032511107 2,306 43,300 SH   DFND 1 43,300 0 0
ANTERO MIDSTREAM PARTNERS LP UNT LTD PARTN 03673L103 23,427 840,611 SH   DFND 1 840,611 0 0
ANTERO RES CORP COM 03674X106 4,471 172,112 SH   DFND 1 172,112 0 0
ATWOOD OCEANICS INC COM 050095108 43 433,700 SH Put SOLE 433,700 0 0
AXALTA COATING SYS LTD COM G0750C108 112 247,800 SH Call SOLE 247,800 0 0
AXALTA COATING SYS LTD COM G0750C108 8,156 307,417 SH   DFND 1 307,417 0 0
BAKER HUGHES INC COM 057224107 4,990 110,571 SH   DFND 1 110,571 0 0
BLUEKNIGHT ENERGY PARTNERS L COM UNIT 09625U109 19,626 3,759,695 SH   DFND 1 3,759,695 0 0
BOARDWALK PIPELINE PARTNERS UT LTD PARTNER 096627104 13,614 780,141 SH   SOLE 780,141 0 0
BP PLC SPONSORED ADR 055622104 8,524 240,058 SH   DFND 1 240,058 0 0
BRISTOW GROUP INC COM 110394103 706 61,905 SH   SOLE 61,905 0 0
BUCKEYE PARTNERS L P UNIT LTD PARTN 118230101 28,473 404,850 SH   DFND 1 404,850 0 0
CANADIAN PAC RY LTD COM 13645T100 664 5,159 SH   SOLE 5,159 0 0
CARBO CERAMICS INC COM 140781105 21 217,000 SH Call SOLE 217,000 0 0
CELANESE CORP DEL COM SER A 150870103 3,105 47,447 SH   DFND 1 47,447 0 0
CHENIERE ENERGY INC COM NEW 16411R208 16,777 446,793 SH   DFND 1 446,793 0 0
CHENIERE ENERGY PARTNERS LP COM UNIT 16411Q101 4,497 150,000 SH   SOLE 150,000 0 0
CHEVRON CORP NEW COM 166764100 7,275 69,400 SH   DFND 1 69,400 0 0
COLUMBIA PIPELINE PARTNERS L COM UT REPSTG 198281107 7,071 471,384 SH   SOLE 471,384 0 0
CONTINENTAL RESOURCES INC COM 212015101 701 15,477 SH   SOLE 15,477 0 0
CRESTWOOD EQUITY PARTNERS LP UNIT LTD PARTNER 226344208 24,192 1,200,000 SH   DFND 1 1,200,000 0 0
CSX CORP COM 126408103 9,575 367,161 SH   DFND 1 367,161 0 0
DCP MIDSTREAM PARTNERS LP COM UT LTD PTN 23311P100 40,633 1,178,100 SH   DFND 1 1,178,100 0 0
DELEK LOGISTICS PARTNERS LP COM UNT RP INT 24664T103 2,404 90,000 SH   SOLE 90,000 0 0
DEVON ENERGY CORP NEW COM 25179M103 8,418 232,220 SH   DFND 1 232,220 0 0
DOMINION MIDSTREAM PARTNERS COM UT REP LTD 257454108 22,179 788,476 SH   DFND 1 788,476 0 0
DOMINION RES INC VA NEW COM 25746U109 3,278 42,065 SH   SOLE 42,065 0 0
DORCHESTER MINERALS LP COM UNIT 25820R105 978 67,821 SH   DFND 1 67,821 0 0
DYNEGY INC NEW DEL COM 26817R108 2,265 131,406 SH   DFND 1 131,406 0 0
ENABLE MIDSTREAM PARTNERS LP COM UNIT RP IN 292480100 7,289 539,500 SH   SOLE 539,500 0 0
ENBRIDGE ENERGY MANAGEMENT L SHS UNITS LLI 29250X103 4,081 177,359 SH   SOLE 177,359 0 0
ENBRIDGE ENERGY PARTNERS L P COM 29250R106 87,858 3,786,993 SH   DFND 1 3,786,993 0 0
ENERGEN CORP COM 29265N108 5,703 118,291 SH   DFND 1 118,291 0 0
ENERGY TRANSFER EQUITY L P COM UT LTD PTN 29273V100 46,403 3,229,133 SH   DFND 1 3,229,133 0 0
ENERGY TRANSFER EQUITY L P COM UT LTD PTN 29273V100 124 61,900 SH Call SOLE 61,900 0 0
ENERGY TRANSFER PRTNRS L P UNIT LTD PARTN 29273R109 165,880 4,357,238 SH   DFND 1 4,357,238 0 0
ENLINK MIDSTREAM LLC COM UNIT REP LTD 29336T100 23,726 1,491,314 SH   DFND 1 1,491,314 0 0
ENLINK MIDSTREAM PARTNERS LP COM UNIT REP LTD 29336U107 78,505 4,720,657 SH   DFND 1 4,720,657 0 0
ENTERPRISE PRODS PARTNERS L COM 293792107 148,248 5,066,570 SH   DFND 1 5,066,570 0 0
EOG RES INC COM 26875P101 4,477 53,659 SH   DFND 1 53,659 0 0
EQT GP HLDGS LP COM UNIT REP 26885J103 25,509 1,000,740 SH   DFND 1 1,000,740 0 0
EQT MIDSTREAM PARTNERS LP UNIT LTD PARTN 26885B100 103,987 1,294,978 SH   DFND 1 1,294,978 0 0
EXELON CORP COM 30161N101 3,636 100,000 SH   SOLE 100,000 0 0
EXTERRAN CORP COM 30227H106 1,045 81,355 SH   DFND 1 81,355 0 0
EXXON MOBIL CORP COM 30231G102 7,405 79,000 SH   DFND 1 79,000 0 0
FAIRMOUNT SANTROL HLDGS INC COM 30555Q108 9 123,900 SH Put SOLE 123,900 0 0
FLOWSERVE CORP COM 34354P105 6,107 135,211 SH   DFND 1 135,211 0 0
FREEPORT-MCMORAN INC CL B 35671D857 460 41,318 SH   SOLE 41,318 0 0
GASLOG LTD SHS G37585109 1,655 127,476 SH   DFND 1 127,476 0 0
GASLOG PARTNERS LP UNIT LTD PTNRP Y2687W108 5,876 309,556 SH   DFND 1 309,556 0 0
GENESIS ENERGY L P UNIT LTD PARTN 371927104 101,637 2,648,856 SH   DFND 1 2,648,856 0 0
GOLAR LNG LTD BERMUDA SHS G9456A100 19,403 1,251,810 SH   DFND 1 1,251,810 0 0
GOLAR LNG LTD BERMUDA SHS G9456A100 433 325,400 SH Call SOLE 325,400 0 0
GOLAR LNG PARTNERS LP COM UNIT LPI Y2745C102 34,949 1,906,655 SH   DFND 1 1,906,655 0 0
GRACE W R & CO DEL NEW COM 38388F108 3,111 42,500 SH   SOLE 42,500 0 0
HESS CORP COM 42809H107 2,445 40,685 SH   DFND 1 40,685 0 0
INDEPENDENCE CONTRACT DRIL I COM 453415309 1,648 303,365 SH   DFND 1 303,365 0 0
ITT INC COM 45073V108 9,459 295,779 SH   DFND 1 295,779 0 0
JOY GLOBAL INC COM 481165108 221 216,600 SH Put SOLE 216,600 0 0
KANSAS CITY SOUTHERN COM NEW 485170302 558 6,195 SH   SOLE 6,195 0 0
KINDER MORGAN INC DEL COM 49456B101 5,392 288,078 SH   DFND 1 288,078 0 0
KINDER MORGAN INC DEL PFD SER A 49456B200 2,443 50,000 SH   DFND 1 50,000 0 0
KNIGHT TRANSN INC COM 499064103 3,488 131,226 SH   DFND 1 131,226 0 0
LYONDELLBASELL INDUSTRIES N SHS - A - N53745100 7,987 107,322 SH   DFND 1 107,322 0 0
MAGELLAN MIDSTREAM PRTNRS LP COM UNIT RP LP 559080106 59,634 784,662 SH   DFND 1 784,662 0 0
MARATHON PETE CORP COM 56585A102 8,313 218,993 SH   DFND 1 218,993 0 0
MATADOR RES CO COM 576485205 1,881 95,000 SH   SOLE 95,000 0 0
MPLX LP COM UNIT REP LTD 55336V100 92,977 2,764,722 SH   DFND 1 2,764,722 0 0
MRC GLOBAL INC COM 55345K103 5,133 361,287 SH   DFND 1 361,287 0 0
NEWFIELD EXPL CO COM 651290108 3,763 85,165 SH   DFND 1 85,165 0 0
NGL ENERGY PARTNERS LP COM UNIT REPST 62913M107 154,659 8,005,111 SH   DFND 1 8,005,111 0 0
NOBLE ENERGY INC COM 655044105 1,865 52,000 SH   DFND 1 52,000 0 0
NORFOLK SOUTHERN CORP COM 655844108 5,781 67,903 SH   DFND 1 67,903 0 0
NUSTAR ENERGY LP UNIT COM 67058H102 43,686 877,240 SH   DFND 1 877,240 0 0
OASIS PETE INC NEW COM 674215108 126 433,700 SH Call SOLE 433,700 0 0
OCCIDENTAL PETE CORP DEL COM 674599105 9,226 122,100 SH   DFND 1 122,100 0 0
OLD DOMINION FGHT LINES INC COM 679580100 5,261 87,226 SH   DFND 1 87,226 0 0
ONEOK INC NEW COM 682680103 47,140 993,474 SH   DFND 1 993,474 0 0
ONEOK PARTNERS LP UNIT LTD PARTN 68268N103 64,139 1,601,075 SH   DFND 1 1,601,075 0 0
PBF ENERGY INC CL A 69318G106 4,099 172,391 SH   DFND 1 172,391 0 0
PDC ENERGY INC COM 69327R101 4,048 70,259 SH   DFND 1 70,259 0 0
PENNTEX MIDSTREAM PARTNERS L COM UNIT LTD 709311104 268 17,200 SH   SOLE 17,200 0 0
PENTAIR PLC SHS G7S00T104 8,348 143,205 SH   DFND 1 143,205 0 0
PHILLIPS 66 COM 718546104 10,255 129,256 SH   DFND 1 129,256 0 0
PHILLIPS 66 PARTNERS LP COM UNIT REP INT 718549207 27,794 497,486 SH   DFND 1 497,486 0 0
PIONEER NAT RES CO COM 723787107 17,827 117,896 SH   DFND 1 117,896 0 0
PLAINS ALL AMERN PIPELINE L UNIT LTD PARTN 726503105 34,915 1,270,100 SH   DFND 1 1,270,100 0 0
PLAINS GP HLDGS L P SHS A REP LTPN 72651A108 23,071 2,212,000 SH   DFND 1 2,212,000 0 0
PPG INDS INC COM 693506107 2,187 20,994 SH   DFND 1 20,994 0 0
RANGE RES CORP COM 75281A109 6,380 147,901 SH   DFND 1 147,901 0 0
RICE MIDSTREAM PARTNERS LP UNIT LTD PARTN 762819100 40,859 1,999,942 SH   DFND 1 1,999,942 0 0
ROSE ROCK MIDSTREAM L P COM U REP LTD 777149105 25,402 962,547 SH   DFND 1 962,547 0 0
ROYAL DUTCH SHELL PLC SPONS ADR A 780259206 6,665 120,700 SH   DFND 1 120,700 0 0
RYDER SYS INC COM 783549108 8,238 134,746 SH   DFND 1 134,746 0 0
SCORPIO TANKERS INC SHS Y7542C106 5,434 1,293,821 SH   DFND 1 1,293,821 0 0
SEALED AIR CORP NEW COM 81211K100 10,876 236,597 SH   DFND 1 236,597 0 0
SEMGROUP CORP CL A 81663A105 35,839 1,100,700 SH   DFND 1 1,100,700 0 0
SEMPRA ENERGY COM 816851109 3,868 33,920 SH   SOLE 33,920 0 0
SHELL MIDSTREAM PARTNERS L P UNIT LTD INT 822634101 90,515 2,678,756 SH   DFND 1 2,678,756 0 0
SM ENERGY CO COM 78454L100 558 20,658 SH   SOLE 20,658 0 0
SPECTRA ENERGY CORP COM 847560109 2,645 72,200 SH   SOLE 72,200 0 0
SPECTRA ENERGY PARTNERS LP COM 84756N109 24,494 519,144 SH   DFND 1 519,144 0 0
STATOIL ASA SPONSORED ADR 85771P102 7,928 458,000 SH   DFND 1 458,000 0 0
SUBURBAN PROPANE PARTNERS L UNIT LTD PARTN 864482104 20,501 613,804 SH   DFND 1 613,804 0 0
SUMMIT MATLS INC CL A 86614U100 5,803 283,632 SH   DFND 1 283,632 0 0
SUNOCO LOGISTICS PRTNRS L P COM UNITS 86764L108 114,200 3,972,172 SH   DFND 1 3,972,172 0 0
SUNOCO LOGISTICS PRTNRS L P COM UNITS 86764L108 297 185,900 SH Call SOLE 185,900 0 0
SWIFT TRANSN CO CL A 87074U101 318 20,637 SH   SOLE 20,637 0 0
SYNERGY RES CORP COM 87164P103 8,483 1,273,695 SH   DFND 1 1,273,695 0 0
TALLGRASS ENERGY PARTNERS LP COM UNIT 874697105 37,281 810,100 SH   DFND 1 810,100 0 0
TARGA RES CORP COM 87612G101 104,239 2,473,651 SH   DFND 1 2,473,651 0 0
TC PIPELINES LP UT COM LTD PRT 87233Q108 7,813 136,436 SH   SOLE 136,436 0 0
TEAM INC COM 878155100 1,159 46,665 SH   DFND 1 46,665 0 0
TEEKAY CORPORATION COM Y8564W103 5,056 709,183 SH   DFND 1 709,183 0 0
TEEKAY LNG PARTNERS L P PRTNRSP UNITS Y8564M105 450 40,000 SH   SOLE 40,000 0 0
TESORO LOGISTICS LP COM UNIT LP 88160T107 84,522 1,706,479 SH   DFND 1 1,706,479 0 0
TOTAL S A SPONSORED ADR 89151E109 4,738 98,500 SH   DFND 1 98,500 0 0
TRANSCANADA CORP COM 89353D107 1,972 43,600 SH   SOLE 43,600 0 0
TRANSMONTAIGNE PARTNERS L P COM UNIT L P 89376V100 2,720 66,200 SH   SOLE 66,200 0 0
UNIVAR INC COM 91336L107 567 30,000 SH   SOLE 30,000 0 0
VALERO ENERGY CORP NEW COM 91913Y100 1,347 26,410 SH   SOLE 26,410 0 0
VALERO ENERGY PARTNERS LP COM UNT REP LP 91914J102 19,191 408,226 SH   DFND 1 408,226 0 0
VTTI ENERGY PARTNERS LP COM UNIT RP LT Y9384M101 28,679 1,412,764 SH   DFND 1 1,412,764 0 0
WABTEC CORP COM 929740108 5,259 74,889 SH   DFND 1 74,889 0 0
WEATHERFORD INTL PLC ORD SHS G48833100 83 371,800 SH Call SOLE 371,800 0 0
WEATHERFORD INTL PLC ORD SHS G48833100 4,195 755,882 SH   DFND 1 755,882 0 0
WESTERN GAS PARTNERS LP COM UNIT LP IN 958254104 68,183 1,352,852 SH   DFND 1 1,352,852 0 0
WESTERN REFNG INC COM 959319104 5,016 243,156 SH   DFND 1 243,156 0 0
WESTERN REFNG LOGISTICS LP COM UNIT REP LTP 95931Q205 348 13,300 SH   SOLE 13,300 0 0
WESTLAKE CHEM CORP COM 960413102 8,418 196,141 SH   DFND 1 196,141 0 0
WHITING PETE CORP NEW COM 966387102 2,940 317,536 SH   DFND 1 317,536 0 0
WHITING PETE CORP NEW COM 966387102 81 402,700 SH Call SOLE 402,700 0 0
WILLIAMS COS INC DEL COM 969457100 38,695 1,788,972 SH   DFND 1 1,788,972 0 0
WILLIAMS PARTNERS L P NEW COM UNIT LTD PAR 96949L105 127,524 3,681,431 SH   DFND 1 3,681,431 0 0
XPO LOGISTICS INC COM 983793100 8,417 320,493 SH   DFND 1 320,493 0 0