FBR & Co.

Q4 2013 13F Holdings Report, Options Holdings

Signature - Title: Robert J. Kiernan - Sr. Vice President, Controller and Chief Acctg Officer
Location: Arlington, VA
Options holdings as of: December 31, 2013
Notional value $: $771K
Number of holdings: 0
Date filed: 2/11/2014, 04:45 PM
Description: All US holdings of this investor are reported in this report.
Stock holdings: Showing options holdings, see here for stock holdings

Sym	Company	Class	Option	Share Change	Activity	* Price $	Shares	Notional Value

* Reported Price is the price of the security as of the portfolio date. This value is significant in that it is the last known price at which the security was still held.
An asterisk sign (*) next to the price indicates that the price is likely invalid.

Person Signing this Report on Behalf of Reporting Manager:

Name	Title	City, State	Date
Robert J. Kiernan	Sr. Vice President, Controller and Chief Acctg Officer	Arlington, Virginia	2/11/2014

Other Included Managers (2):

Num	Name	Location	File Number
2	B. Riley Securities, Inc.	Los Angeles, CA	028-14034
3	FBR Capital Markets PT Inc	Arlington, VA	028-14017