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
3M CO COM COM 88579Y101 701 2,980 SH   DFND   200 2,780 0
A T & T INC (NEW) COM 00206R102 572 14,707 SH   DFND   11,532 3,175 0
ABBOTT LABS COM 002824100 552 9,674 SH   DFND   124 9,550 0
ABIOMED INC COM COM 003654100 1,229 6,553 SH   DFND   5,036 1,517 0
ALLEGHANY CORP DEL COM COM 017175100 417 700 SH   SOLE   700 0 0
AMERICAN NATL INS CO COM COM 028591105 1,795 13,995 SH   DFND   9,963 4,032 0
APACHE CORP COM COM 037411105 1,632 38,666 SH   DFND   20,072 18,594 0
APPLIED MATLS INC COM COM 038222105 996 19,474 SH   DFND   12,573 6,901 0
ASTROTECH CORP COM 046484101 15 4,620 SH   SOLE   4,620 0 0
BOEING CO COM COM 097023105 863 2,925 SH   SOLE   2,925 0 0
BRISTOL MYERS SQUIBB CO COM 110122108 314 5,123 SH   SOLE   5,123 0 0
BROOKS AUTOMATION INC COM COM 114340102 1,591 66,708 SH   DFND   29,958 36,750 0
CADUS CORP COM COM 127639102 3 2,000 SH   SOLE   2,000 0 0
CALIFORNIA RESOURCES CORP COM 13057Q107 0 2 SH   SOLE   2 0 0
CELGENE CORP COM COM 151020104 1,098 10,516 SH   DFND   2,864 7,652 0
CELGENE CORP CONTIN VAL RT WARRANT AND RIGH 151020112 11 11,000 SH   SOLE   11,000 0 0
CHEVRONTEXACO CORP COM COM 166764100 980 7,830 SH   DFND   3,652 4,178 0
COCA COLA CO COM 191216100 262 5,700 SH   DFND   4,300 1,400 0
COEUR D ALENE MINES CORP IDAHO COM 192108504 473 63,122 SH   DFND   45,597 17,525 0
COMSCORE INC COM COM 20564W105 973 34,146 SH   DFND   13,207 20,939 0
COMSTOCK RES INC COM NEW COM 205768203 0 1 SH   SOLE   1 0 0
COMSTOCK RES INC.PIK NT CONVERTIBLE BOND 205768AM6 475 519,324 PRN   DFND   108,480 410,844 0
CONTANGO OIL & GAS COMPANY COM COM 21075N204 963 204,405 SH   DFND   103,741 100,664 0
CONTANGO ORE INC COM 001502377 5 300 SH   SOLE   300 0 0
CORNING INC COM COM 219350105 288 9,000 SH   SOLE   9,000 0 0
CREDIT SUISSE NASSAU BRH GOLD PREFERRED STOCKS 22542D480 163 18,030 SH   DFND   4,840 13,190 0
DEERE & CO COM COM 244199105 470 3,000 SH   DFND   2,000 1,000 0
DIREXION DAILY GOLD MINERS INDEX COM 001424958 10 300 SH   SOLE   300 0 0
DOWDUPONT INC COM 26078J100 366 5,139 SH   SOLE   5,139 0 0
ENSCO PLC SHS CLASS A COM G3157S106 1,316 222,766 SH   DFND   161,407 61,359 0
ERIE INDTY CO CL A COM 29530P102 1,159 9,511 SH   DFND   5,866 3,645 0
EXTENDED STAY AMER INC SHS 1 C COM 30224P200 1,906 100,291 SH   DFND   45,606 54,685 0
EXXON MOBIL CORP COM COM 30231G102 556 6,652 SH   DFND   6,252 400 0
FIDELITY ADVISOR SER II FL RT MUTUAL FUNDS 315916783 189 19,638 SH   DFND   0 19,638 0
FINISAR CORP COM 31787A507 20 1,000 SH   SOLE   1,000 0 0
FLUOR CORP COM 343412102 21 400 SH   SOLE   400 0 0
GENERAL ELEC CO COM 369604103 2,072 118,721 SH   DFND   49,461 69,260 0
GENTEX CORP COM COM 371901109 1,938 92,518 SH   DFND   44,738 47,780 0
GTT COMMUNICATIONS INC COM COM 362393100 3,322 70,745 SH   DFND   36,028 34,717 0
HERTZ GLOBAL HLDGS INC COM COM 42806J106 1,988 89,954 SH   DFND   43,679 46,275 0
HOLLYFRONTIER CORPORATION COM 436106108 1,572 30,690 SH   DFND   14,970 15,720 0
INTREPID POTASH INC COM COM 46121Y102 14 3,027 SH   SOLE   3,027 0 0
ISHARES GOLD TRUST COM 464285105 8 656 SH   SOLE   656 0 0
ISHARES TR RUSSELL MCP VL COM 464287473 1,133 12,705 SH   DFND   9,545 3,160 0
JOHNSON & JOHNSON COM 478160104 376 2,690 SH   SOLE   2,690 0 0
KANSAS CITY LIFE COM 484836200 540 11,939 SH   DFND   4,990 6,949 0
KRATOS DEFENSE & SEC SOLUTIOCO COM 50077B207 1,165 109,951 SH   DFND   50,771 59,180 0
LUXOFT HLDG INC ORD SHS CL A COM G57279104 2,005 36,005 SH   DFND   18,048 17,957 0
MAZOR ROBOTICS LTD SPONSORED A COM 57886P103 916 17,761 SH   DFND   6,671 11,090 0
MCDERMOTT INTERNATIONAL COM 580037109 4 650 SH   SOLE   650 0 0
MERITOR INC COM COM 59001K100 1,382 58,917 SH   DFND   29,932 28,985 0
MICRON TECHNOLOGY INC COM COM 595112103 1,406 34,176 SH   DFND   18,966 15,210 0
MICROSOFT COM 594918104 427 4,995 SH   DFND   0 4,995 0
MILLS MUSIC TRUST COM 601158108 2 100 SH   SOLE   100 0 0
MITEK SYS INC COM NEW COM 606710200 165 18,475 SH   DFND   0 18,475 0
MORGAN STANLEY COM NEW COM 617446448 205 3,910 SH   SOLE   3,910 0 0
MTS SYS CORP COM COM 553777103 2,054 38,257 SH   DFND   18,702 19,555 0
NEWMONT MINING CORP COM 651639106 11 300 SH   SOLE   300 0 0
NORFOLK SOUTHN CORP COM 655844108 449 3,100 SH   SOLE   3,100 0 0
NRG YIELD INC CL C COM 62942X405 1,415 74,861 SH   DFND   39,616 35,245 0
NUTANIX INC CL A COM 67059N108 2,666 75,565 SH   DFND   36,460 39,105 0
OCLARO INC COM NEW COM 67555N206 584 86,668 SH   DFND   51,348 35,320 0
OLIN CORP COM PAR $1 COM 680665205 1,062 29,853 SH   DFND   16,948 12,905 0
ORGANOVO HLDGS INC COM COM 68620A104 40 30,025 SH   DFND   0 30,025 0
PCS EDVENTURES COM INC COM COM 69325N102 0 17,700 SH   DFND   0 17,700 0
PFIZER INC COM 717081103 428 11,820 SH   SOLE   11,820 0 0
PROSPECT CAPITAL CORPORATIONCO COM 74348T102 1,019 151,049 SH   DFND   86,075 64,974 0
QUALCOMM INC COM COM 747525103 461 7,200 SH   DFND   0 7,200 0
SENOMYX INC COM COM 81724Q107 0 188 SH   DFND   188 0 0
SJW CORP COM COM 784305104 494 7,740 SH   SOLE   7,740 0 0
SNAP ON INC COM COM 833034101 256 1,470 SH   SOLE   1,470 0 0
SUMMIT MATLS INC CL A COM 86614U100 2,013 64,044 SH   DFND   28,672 35,372 0
TRONOX LTD SHS CL A COM Q9235V101 895 43,609 SH   DFND   27,790 15,819 0
TROVAGENE INC COM NEW COM 897238309 7 23,850 SH   DFND   0 23,850 0
UNILEVER NV N Y SHS NEW COM 904784709 315 5,600 SH   SOLE   5,600 0 0
UNION PAC CORP COM 907818108 416 3,100 SH   SOLE   3,100 0 0
UNITI GROUP INC COM COM 91325V108 714 40,119 SH   DFND   19,079 21,040 0
VANGUARD FIXED INCOME SECS FIN MUTUAL FUNDS 922031885 119 12,249 SH   DFND   0 12,249 0
VANGUARD FIXED INCOME SECS FIN MUTUAL FUNDS 922031810 399 40,873 SH   DFND   0 40,873 0
VANGUARD FIXED INCOME SECS GNM COM 922031307 664 63,525 SH   DFND   0 63,525 0
VEEVA SYS INC CL A COM COM 922475108 952 17,225 SH   DFND   6,050 11,175 0
WELLTOWER INC COM COM 95040Q104 489 7,670 SH   DFND   0 7,670 0
WESTERN DIGITAL CORP COM COM 958102105 1,351 16,990 SH   DFND   8,427 8,563 0
WEYERHAEUSER CO COM COM 962166104 454 12,870 SH   DFND   0 12,870 0