0000919574-13-003439.txt : 20130515
0000919574-13-003439.hdr.sgml : 20130515
20130515124020
ACCESSION NUMBER: 0000919574-13-003439
CONFORMED SUBMISSION TYPE: 13F-HR
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20130331
FILED AS OF DATE: 20130515
DATE AS OF CHANGE: 20130515
EFFECTIVENESS DATE: 20130515
FILER:
COMPANY DATA:
COMPANY CONFORMED NAME: MARATHON ASSET MANAGEMENT LP
CENTRAL INDEX KEY: 0001279913
IRS NUMBER: 000000000
STATE OF INCORPORATION: DE
FILING VALUES:
FORM TYPE: 13F-HR
SEC ACT: 1934 Act
SEC FILE NUMBER: 028-10682
FILM NUMBER: 13845095
BUSINESS ADDRESS:
STREET 1: ONE BRYANT PARK
STREET 2: 38TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10036
BUSINESS PHONE: 212-500-3123
MAIL ADDRESS:
STREET 1: ONE BRYANT PARK
STREET 2: 38TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10036
FORMER COMPANY:
FORMER CONFORMED NAME: MARATHON ASSET MANAGEMENT LLC
DATE OF NAME CHANGE: 20040212
13F-HR
1
d1377604_13f-hr.txt
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FORM 13F Cover Page
Report for the Calendar Year or Quarter Ended: March 31, 2013
Check here if Amendment: |_|; Amendment Number: ____
This Amendment (Check only one): |_| is a restatement
|_| adds new holding entries.
Institutional Manager Filing this Report:
Name: Marathon Asset Management, L.P.
Address: One Bryant Park, 38th Floor
New York, New York 10036
13F File Number: 028-10682
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 form.
Person Signing this Report on Behalf of Reporting Manager:
Name: Christine Chartouni
Title: Chief Compliance Officer
Phone: 212-500-3000
Signature, Place and Date of Signing:
/s/ Christine Chartouni New York, New York May 15, 2013
---------------------- ----------------------- -------------------
[Signature] [City, State] [Date]
Report Type: (Check only one):
[X] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager
are reported in this report).
[_] 13F NOTICE. (Check here if no holdings reported are in this report, and
all holdings are reported by other reporting managers(s).)
[_] 13F COMBINATION REPORT. (Check here if a portion of the holdings for this
reporting manager are reported in this report and a portion are reported
by other reporting manager(s).)
List of Other Managers Reporting for this Manager: NONE
Form 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 1
Form 13F Information Table Entry Total: 317
Form 13F Information Table Value Total: $1,623,814
(in thousands)
List of Other Included Managers:
Form 13F
No. File Number Name
--- ----------- ----
1. XXX-XXXXX Innocap Fund SICAV p.l.c in respect of Mason Sub-Fund
2. XXX-XXXXX Innocap Fund SICAV p.l.c in respect of Russell Sub-Fund
3. XXX-XXXXX KTRS Credit Fund, LP
4. XXX-XXXXX Lyxor/Marathon Distressed Opportunities Fund Limited
5. XXX-XXXXX Marathon Blue Active Fund, Ltd.
6. XXX-XXXXX Marathon Credit Dislocation Fund, LP
7. XXX-XXXXX Marathon Credit Opportunity Master Fund, Ltd.
8. XXX-XXXXX Marathon Liquid Credit Long Short Fund
9. XXX-XXXXX Marathon Securitized Credit Master Fund, Ltd.
10. 028-11614 Marathon Special Opportunity Master Fund, Ltd.
11. XXX-XXXXX MV Credit Opportunity Fund, LP
12. XXX-XXXXX Penteli Master Fund, Ltd.
FORM 13F INFORMATION TABLE
Marathon Asset Management, L.P.
March 31, 2013
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 (x1000) PRN AMT PRN CALL DISCRETION MNGRS SOLE SHARED NONE
-------------- -------------- ----- ------- ------- --- ---- ---------- ----- ---- ------ ----
ALPHA NATURAL RESOURCES INC COM 02076X102 574 69,857 SH SHARED 1 69,857
ALPHA NATURAL RESOURCES INC COM 02076X102 1,277 155,543 SH SHARED 2 155,543
ALPHA NATURAL RESOURCES INC COM 02076X102 724 88,131 SH SHARED 3 88,131
ALPHA NATURAL RESOURCES INC COM 02076X102 724 88,196 SH SHARED 4 88,196
ALPHA NATURAL RESOURCES INC COM 02076X102 461 56,105 SH SHARED 5 56,105
ALPHA NATURAL RESOURCES INC COM 02076X102 1,365 166,300 SH SHARED 6 166,300
ALPHA NATURAL RESOURCES INC COM 02076X102 1,375 167,467 SH SHARED 7 167,467
ALPHA NATURAL RESOURCES INC COM 02076X102 546 66,557 SH SHARED 8 66,557
ALPHA NATURAL RESOURCES INC COM 02076X102 3,563 433,933 SH SHARED 10 433,933
ALPHA NATURAL RESOURCES INC COM 02076X102 628 76,519 SH SHARED 11 76,519
ALPHA NATURAL RESOURCES INC COM 02076X102 600 73,035 SH SHARED 12 73,035
ALPHA NATURAL RESOURCES INC COM 02076X102 3,624 441,357 SH SOLE NONE 441,357
ALTISOURCE RESIDENTIAL CORP CL B 02153W100 231 11,556 SH SOLE NONE 11,556
AMERICAN CAP LTD COM 02503Y103 905 62,000 SH SHARED 1 62,000
AMERICAN CAP LTD COM 02503Y103 1,336 91,550 SH SHARED 2 91,550
AMERICAN CAP LTD COM 02503Y103 491 33,674 SH SHARED 4 33,674
AMERICAN CAP LTD COM 02503Y103 318 21,790 SH SHARED 5 21,790
AMERICAN CAP LTD COM 02503Y103 2,170 148,660 SH SHARED 7 148,660
AMERICAN CAP LTD COM 02503Y103 522 35,793 SH SHARED 8 35,793
AMERICAN CAP LTD COM 02503Y103 5,389 369,203 SH SHARED 10 369,203
AMERICAN CAP LTD COM 02503Y103 1,154 79,081 SH SHARED 12 79,081
AMERICAN CAP LTD COM 02503Y103 2,762 189,240 SH SOLE NONE 189,240
AMERICAN INTL GROUP INC COM NEW 026874784 1,415 36,450 SH SHARED 1 36,450
AMERICAN INTL GROUP INC COM NEW 026874784 3,157 81,323 SH SHARED 2 81,323
AMERICAN INTL GROUP INC COM NEW 026874784 1,428 36,783 SH SHARED 3 36,783
AMERICAN INTL GROUP INC COM NEW 026874784 1,425 36,719 SH SHARED 4 36,719
AMERICAN INTL GROUP INC COM NEW 026874784 1,258 32,400 SH SHARED 5 32,400
AMERICAN INTL GROUP INC COM NEW 026874784 1,564 102,694 SH SHARED 6 102,694
AMERICAN INTL GROUP INC COM NEW 026874784 4,498 115,872 SH SHARED 7 115,872
AMERICAN INTL GROUP INC COM NEW 026874784 3,987 40,279 SH SHARED 8 40,279
AMERICAN INTL GROUP INC COM NEW 026874784 8,232 212,045 SH SHARED 10 212,045
AMERICAN INTL GROUP INC COM NEW 026874784 1,829 47,103 SH SHARED 11 47,103
AMERICAN INTL GROUP INC COM NEW 026874784 1,480 38,115 SH SHARED 12 38,115
AMERICAN INTL GROUP INC COM NEW 026874784 11,416 294,072 SH SOLE NONE 294,072
BARCLAYS PLC ADR 06738E204 514 28,948 SH SHARED 1 28,948
BARCLAYS PLC ADR 06738E204 1,145 64,454 SH SHARED 2 64,454
BARCLAYS PLC ADR 06738E204 649 36,520 SH SHARED 3 36,520
BARCLAYS PLC ADR 06738E204 649 36,547 SH SHARED 4 36,547
BARCLAYS PLC ADR 06738E204 413 23,249 SH SHARED 5 23,249
BARCLAYS PLC ADR 06738E204 573 32,276 SH SHARED 6 32,276
BARCLAYS PLC ADR 06738E204 1,505 84,718 SH SHARED 7 84,718
BARCLAYS PLC ADR 06738E204 490 27,580 SH SHARED 8 27,580
BARCLAYS PLC ADR 06738E204 3,193 179,814 SH SHARED 10 179,814
BARCLAYS PLC ADR 06738E204 563 31,708 SH SHARED 11 31,708
BARCLAYS PLC ADR 06738E204 8,066 454,186 SH SOLE NONE 454,186
BMC SOFTWARE INC COM 055921100 88 1,896 SH SHARED 1 1,896
BMC SOFTWARE INC COM 055921100 196 4,221 SH SHARED 2 4,221
BMC SOFTWARE INC COM 055921100 111 2,392 SH SHARED 3 2,392
BMC SOFTWARE INC COM 055921100 111 2,393 SH SHARED 4 2,393
BMC SOFTWARE INC COM 055921100 71 1,523 SH SHARED 5 1,523
BMC SOFTWARE INC COM 055921100 209 4,513 SH SHARED 6 4,513
BMC SOFTWARE INC COM 055921100 211 4,545 SH SHARED 7 4,545
BMC SOFTWARE INC COM 055921100 84 1,806 SH SHARED 8 1,806
BMC SOFTWARE INC COM 055921100 546 11,776 SH SHARED 10 11,776
BMC SOFTWARE INC COM 055921100 96 2,076 SH SHARED 11 2,076
BMC SOFTWARE INC COM 055921100 92 1,982 SH SHARED 12 1,982
BMC SOFTWARE INC COM 055921100 555 11,977 SH SOLE NONE 11,977
BMC SOFTWARE INC COM 055921100 551 11,900 CALL SHARED 1 11,900
BMC SOFTWARE INC COM 055921100 1,223 26,400 CALL SHARED 2 26,400
BMC SOFTWARE INC COM 055921100 695 15,000 CALL SHARED 3 15,000
BMC SOFTWARE INC COM 055921100 695 15,000 CALL SHARED 4 15,000
BMC SOFTWARE INC COM 055921100 440 9,500 CALL SHARED 5 9,500
BMC SOFTWARE INC COM 055921100 1,311 28,300 CALL SHARED 6 28,300
BMC SOFTWARE INC COM 055921100 1,320 28,500 CALL SHARED 7 28,500
BMC SOFTWARE INC COM 055921100 524 11,300 CALL SHARED 8 11,300
BMC SOFTWARE INC COM 055921100 3,424 73,900 CALL SHARED 10 73,900
BMC SOFTWARE INC COM 055921100 602 13,000 CALL SHARED 11 13,000
BMC SOFTWARE INC COM 055921100 575 12,400 CALL SHARED 12 12,400
BMC SOFTWARE INC COM 055921100 222 4,800 CALL SOLE NONE 4,800
CHENIERE ENERGY INC COM NEW 16411R208 1,979 70,679 SH SHARED 1 70,679
CHENIERE ENERGY INC COM NEW 16411R208 4,406 157,374 SH SHARED 2 157,374
CHENIERE ENERGY INC COM NEW 16411R208 2,497 89,168 SH SHARED 3 89,168
CHENIERE ENERGY INC COM NEW 16411R208 2,499 89,234 SH SHARED 4 89,234
CHENIERE ENERGY INC COM NEW 16411R208 1,589 56,766 SH SHARED 5 56,766
CHENIERE ENERGY INC COM NEW 16411R208 4,711 168,257 SH SHARED 6 168,257
CHENIERE ENERGY INC COM NEW 16411R208 4,744 169,438 SH SHARED 7 169,438
CHENIERE ENERGY INC COM NEW 16411R208 1,886 67,340 SH SHARED 8 67,340
CHENIERE ENERGY INC COM NEW 16411R208 12,293 439,038 SH SHARED 10 439,038
CHENIERE ENERGY INC COM NEW 16411R208 2,168 77,419 SH SHARED 11 77,419
CHENIERE ENERGY INC COM NEW 16411R208 2,069 73,894 SH SHARED 12 73,894
CHENIERE ENERGY INC COM NEW 16411R208 12,503 446,551 SH SOLE NONE 446,551
CHIMERA INVT CORP COM 16934Q109 3,917 1,228,000 SH SOLE NONE 1,228,000
CIT GROUP INC COM NEW 125581801 1,681 38,671 SH SHARED 1 38,671
CIT GROUP INC COM NEW 125581801 3,343 76,875 SH SHARED 2 76,875
CIT GROUP INC COM NEW 125581801 1,689 38,850 SH SHARED 3 38,850
CIT GROUP INC COM NEW 125581801 1,793 41,228 SH SHARED 4 41,228
CIT GROUP INC COM NEW 125581801 1,282 29,477 SH SHARED 5 29,477
CIT GROUP INC COM NEW 125581801 4,037 92,858 SH SHARED 6 92,858
CIT GROUP INC COM NEW 125581801 5,086 116,973 SH SHARED 7 116,973
CIT GROUP INC COM NEW 125581801 1,710 39,337 SH SHARED 8 39,337
CIT GROUP INC COM NEW 125581801 8,794 202,254 SH SHARED 10 202,254
CIT GROUP INC COM NEW 125581801 1,973 45,381 SH SHARED 11 45,381
CIT GROUP INC COM NEW 125581801 12,133 279,043 SH SOLE NONE 279,043
CONSOL ENERGY INC COM 20854P109 499 14,834 SH SHARED 1 14,834
CONSOL ENERGY INC COM 20854P109 1,120 33,294 SH SHARED 2 33,294
CONSOL ENERGY INC COM 20854P109 509 15,121 SH SHARED 3 15,121
CONSOL ENERGY INC COM 20854P109 743 22,090 SH SHARED 4 22,090
CONSOL ENERGY INC COM 20854P109 439 13,051 SH SHARED 5 13,051
CONSOL ENERGY INC COM 20854P109 54 1,600 SH SHARED 6 1,600
CONSOL ENERGY INC COM 20854P109 1,569 46,632 SH SHARED 7 46,632
CONSOL ENERGY INC COM 20854P109 577 17,161 SH SHARED 8 17,161
CONSOL ENERGY INC COM 20854P109 2,405 71,470 SH SHARED 10 71,470
CONSOL ENERGY INC COM 20854P109 646 19,195 SH SHARED 11 19,195
CONSOL ENERGY INC COM 20854P109 387 11,486 SH SHARED 12 11,486
CONSOL ENERGY INC COM 20854P109 11,241 334,066 SH SOLE NONE 334,066
CONSOL ENERGY INC COM 20854P109 693 20,600 CALL SHARED 1 20,600
CONSOL ENERGY INC COM 20854P109 1,545 45,900 CALL SHARED 2 45,900
CONSOL ENERGY INC COM 20854P109 693 20,600 CALL SHARED 3 20,600
CONSOL ENERGY INC COM 20854P109 478 14,200 CALL SHARED 4 14,200
CONSOL ENERGY INC COM 20854P109 579 17,200 CALL SHARED 5 17,200
CONSOL ENERGY INC COM 20854P109 2,968 88,200 CALL SHARED 6 88,200
CONSOL ENERGY INC COM 20854P109 2,335 69,400 CALL SHARED 7 69,400
CONSOL ENERGY INC COM 20854P109 808 24,000 CALL SHARED 8 24,000
CONSOL ENERGY INC COM 20854P109 4,997 148,500 CALL SHARED 10 148,500
CONSOL ENERGY INC COM 20854P109 922 27,400 CALL SHARED 11 27,400
CONSOL ENERGY INC COM 20854P109 808 24,000 CALL SHARED 12 24,000
CREDIT SUISSE GROUP SPONSORED ADR 225401108 515 19,645 SH SHARED 1 19,645
CREDIT SUISSE GROUP SPONSORED ADR 225401108 1,146 43,741 SH SHARED 2 43,741
CREDIT SUISSE GROUP SPONSORED ADR 225401108 649 24,784 SH SHARED 3 24,784
CREDIT SUISSE GROUP SPONSORED ADR 225401108 650 24,802 SH SHARED 4 24,802
CREDIT SUISSE GROUP SPONSORED ADR 225401108 413 15,778 SH SHARED 5 15,778
CREDIT SUISSE GROUP SPONSORED ADR 225401108 584 22,301 SH SHARED 6 22,301
CREDIT SUISSE GROUP SPONSORED ADR 225401108 1,506 57,492 SH SHARED 7 57,492
CREDIT SUISSE GROUP SPONSORED ADR 225401108 490 18,716 SH SHARED 8 18,716
CREDIT SUISSE GROUP SPONSORED ADR 225401108 3,197 122,028 SH SHARED 10 122,028
CREDIT SUISSE GROUP SPONSORED ADR 225401108 564 21,518 SH SHARED 11 21,518
CREDIT SUISSE GROUP SPONSORED ADR 225401108 8,625 329,195 SH SOLE NONE 329,195
DELL INC COM 24702R101 351 24,200 CALL SHARED 1 24,200
DELL INC COM 24702R101 776 53,500 CALL SHARED 2 53,500
DELL INC COM 24702R101 353 24,300 CALL SHARED 3 24,300
DELL INC COM 24702R101 437 30,100 CALL SHARED 4 30,100
DELL INC COM 24702R101 309 21,300 CALL SHARED 5 21,300
DELL INC COM 24702R101 984 67,800 CALL SHARED 6 67,800
DELL INC COM 24702R101 1,138 78,400 CALL SHARED 7 78,400
DELL INC COM 24702R101 374 25,800 CALL SHARED 8 25,800
DELL INC COM 24702R101 2,143 147,700 CALL SHARED 10 147,700
DELL INC COM 24702R101 451 31,100 CALL SHARED 11 31,100
DELL INC COM 24702R101 367 25,300 CALL SHARED 12 25,300
DELL INC COM 24702R101 161 11,100 CALL SOLE NONE 11,100
DELTA AIR LINES INC DEL COM NEW 247361702 1,441 87,302 SH SHARED 1 87,302
DELTA AIR LINES INC DEL COM NEW 247361702 3,209 194,385 SH SHARED 2 194,385
DELTA AIR LINES INC DEL COM NEW 247361702 1,818 110,139 SH SHARED 3 110,139
DELTA AIR LINES INC DEL COM NEW 247361702 1,820 110,220 SH SHARED 4 110,220
DELTA AIR LINES INC DEL COM NEW 247361702 1,158 70,116 SH SHARED 5 70,116
DELTA AIR LINES INC DEL COM NEW 247361702 3,431 207,828 SH SHARED 6 207,828
DELTA AIR LINES INC DEL COM NEW 247361702 4,218 255,496 SH SHARED 7 255,496
DELTA AIR LINES INC DEL COM NEW 247361702 1,373 83,177 SH SHARED 8 83,177
DELTA AIR LINES INC DEL COM NEW 247361702 8,953 542,292 SH SHARED 10 542,292
DELTA AIR LINES INC DEL COM NEW 247361702 1,579 95,627 SH SHARED 11 95,627
DELTA AIR LINES INC DEL COM NEW 247361702 1,507 91,273 SH SHARED 12 91,273
DELTA AIR LINES INC DEL COM NEW 247361702 9,116 552,145 SH SOLE NONE 552,145
DYNEGY INC NEW DEL *W EXP 99/99/999 26817R116 32 24,845 SH SHARED 1 24,845
DYNEGY INC NEW DEL *W EXP 99/99/999 26817R116 71 55,336 SH SHARED 2 55,336
DYNEGY INC NEW DEL *W EXP 99/99/999 26817R116 32 24,675 SH SHARED 3 24,675
DYNEGY INC NEW DEL *W EXP 99/99/999 26817R116 21 16,384 SH SHARED 4 16,384
DYNEGY INC NEW DEL *W EXP 99/99/999 26817R116 27 20,621 SH SHARED 5 20,621
DYNEGY INC NEW DEL *W EXP 99/99/999 26817R116 137 106,116 SH SHARED 6 106,116
DYNEGY INC NEW DEL *W EXP 99/99/999 26817R116 125 96,697 SH SHARED 7 96,697
DYNEGY INC NEW DEL *W EXP 99/99/999 26817R116 37 28,980 SH SHARED 8 28,980
DYNEGY INC NEW DEL *W EXP 99/99/999 26817R116 233 180,330 SH SHARED 10 180,330
DYNEGY INC NEW DEL *W EXP 99/99/999 26817R116 43 33,003 SH SHARED 11 33,003
DYNEGY INC NEW DEL *W EXP 99/99/999 26817R116 37 28,927 SH SHARED 12 28,927
DYNEGY INC NEW DEL *W EXP 99/99/999 26817R116 438 339,898 SH SOLE NONE 339,898
FORD MTR CO DEL COM PAR $0.01 345370860 1,358 103,267 SH SHARED 1 103,267
FORD MTR CO DEL COM PAR $0.01 345370860 3,008 228,727 SH SHARED 2 228,727
FORD MTR CO DEL COM PAR $0.01 345370860 1,364 103,719 SH SHARED 3 103,719
FORD MTR CO DEL COM PAR $0.01 345370860 1,692 128,706 SH SHARED 4 128,706
FORD MTR CO DEL COM PAR $0.01 345370860 1,195 90,887 SH SHARED 5 90,887
FORD MTR CO DEL COM PAR $0.01 345370860 3,812 289,871 SH SHARED 6 289,871
FORD MTR CO DEL COM PAR $0.01 345370860 4,404 334,912 SH SHARED 7 334,912
FORD MTR CO DEL COM PAR $0.01 345370860 1,449 110,161 SH SHARED 8 110,161
FORD MTR CO DEL COM PAR $0.01 345370860 8,303 631,376 SH SHARED 10 631,376
FORD MTR CO DEL COM PAR $0.01 345370860 1,751 133,160 SH SHARED 11 133,160
FORD MTR CO DEL COM PAR $0.01 345370860 1,423 108,249 SH SHARED 12 108,249
FORD MTR CO DEL COM PAR $0.01 345370860 11,006 836,965 SH SOLE NONE 836,965
GENERAL MTRS CO COM 37045V100 417 14,990 SH SHARED 1 14,990
GENERAL MTRS CO COM 37045V100 924 33,202 SH SHARED 2 33,202
GENERAL MTRS CO COM 37045V100 419 15,056 SH SHARED 3 15,056
GENERAL MTRS CO COM 37045V100 520 18,683 SH SHARED 4 18,683
GENERAL MTRS CO COM 37045V100 367 13,193 SH SHARED 5 13,193
GENERAL MTRS CO COM 37045V100 1,171 42,078 SH SHARED 6 42,078
GENERAL MTRS CO COM 37045V100 1,352 48,616 SH SHARED 7 48,616
GENERAL MTRS CO COM 37045V100 445 15,991 SH SHARED 8 15,991
GENERAL MTRS CO COM 37045V100 2,550 91,651 SH SHARED 10 91,651
GENERAL MTRS CO COM 37045V100 538 19,330 SH SHARED 11 19,330
GENERAL MTRS CO COM 37045V100 437 15,714 SH SHARED 12 15,714
GENERAL MTRS CO COM 37045V100 3,380 121,496 SH SOLE NONE 121,496
GOL LINHAS AEREAS INTLG S A SP ADR REP PFD 38045R107 1,071 180,000 SH SOLE NONE 180,000
MEMC ELECTR MATLS INC COM 552715104 568 129,014 SH SHARED 1 129,014
MEMC ELECTR MATLS INC COM 552715104 1,264 287,261 SH SHARED 2 287,261
MEMC ELECTR MATLS INC COM 552715104 716 162,763 SH SHARED 3 162,763
MEMC ELECTR MATLS INC COM 552715104 717 162,882 SH SHARED 4 162,882
MEMC ELECTR MATLS INC COM 552715104 456 103,617 SH SHARED 5 103,617
MEMC ELECTR MATLS INC COM 552715104 1,351 307,127 SH SHARED 6 307,127
MEMC ELECTR MATLS INC COM 552715104 1,410 320,366 SH SHARED 7 320,366
MEMC ELECTR MATLS INC COM 552715104 541 122,918 SH SHARED 8 122,918
MEMC ELECTR MATLS INC COM 552715104 3,526 801,396 SH SHARED 10 801,396
MEMC ELECTR MATLS INC COM 552715104 622 141,317 SH SHARED 11 141,317
MEMC ELECTR MATLS INC COM 552715104 593 134,883 SH SHARED 12 134,883
MEMC ELECTR MATLS INC COM 552715104 3,545 805,636 SH SOLE NONE 805,636
MGM RESORTS INTERNATIONAL COM 552953101 1,053 80,098 SH SHARED 1 80,098
MGM RESORTS INTERNATIONAL COM 552953101 2,333 177,410 SH SHARED 2 177,410
MGM RESORTS INTERNATIONAL COM 552953101 1,058 80,449 SH SHARED 3 80,449
MGM RESORTS INTERNATIONAL COM 552953101 1,313 99,830 SH SHARED 4 99,830
MGM RESORTS INTERNATIONAL COM 552953101 927 70,495 SH SHARED 5 70,495
MGM RESORTS INTERNATIONAL COM 552953101 2,957 224,836 SH SHARED 6 224,836
MGM RESORTS INTERNATIONAL COM 552953101 3,416 259,772 SH SHARED 7 259,772
MGM RESORTS INTERNATIONAL COM 552953101 1,124 85,446 SH SHARED 8 85,446
MGM RESORTS INTERNATIONAL COM 552953101 6,440 489,721 SH SHARED 10 489,721
MGM RESORTS INTERNATIONAL COM 552953101 1,358 103,284 SH SHARED 11 103,284
MGM RESORTS INTERNATIONAL COM 552953101 1,104 83,962 SH SHARED 12 83,962
MGM RESORTS INTERNATIONAL COM 552953101 8,537 649,185 SH SOLE NONE 649,185
NATIONSTAR MTG HLDGS INC COM 63861C109 1,037 28,090 SH SHARED 1 28,090
NATIONSTAR MTG HLDGS INC COM 63861C109 2,308 62,545 SH SHARED 2 62,545
NATIONSTAR MTG HLDGS INC COM 63861C109 1,308 35,438 SH SHARED 3 35,438
NATIONSTAR MTG HLDGS INC COM 63861C109 1,309 35,464 SH SHARED 4 35,464
NATIONSTAR MTG HLDGS INC COM 63861C109 832 22,560 SH SHARED 5 22,560
NATIONSTAR MTG HLDGS INC COM 63861C109 2,468 66,870 SH SHARED 6 66,870
NATIONSTAR MTG HLDGS INC COM 63861C109 2,485 67,340 SH SHARED 7 67,340
NATIONSTAR MTG HLDGS INC COM 63861C109 988 26,763 SH SHARED 8 26,763
NATIONSTAR MTG HLDGS INC COM 63861C109 221 6,000 SH SHARED 9 6,000
NATIONSTAR MTG HLDGS INC COM 63861C109 6,439 174,488 SH SHARED 10 174,488
NATIONSTAR MTG HLDGS INC COM 63861C109 1,135 30,769 SH SHARED 11 30,769
NATIONSTAR MTG HLDGS INC COM 63861C109 923 25,000 SH SHARED 12 25,000
NATIONSTAR MTG HLDGS INC COM 63861C109 6,549 177,473 SH SOLE NONE 177,473
NATIONSTAR MTG HLDGS INC COM 63861C109 75,586 2,048,400 CALL SOLE NONE 2,048,400
NEWCASTLE INVT CORP COM 65105M108 5,038 451,000 SH SOLE NONE 451,000
PEABODY ENERGY CORP COM 704549104 1,214 57,400 SH SHARED 1 57,400
PEABODY ENERGY CORP COM 704549104 2,717 128,445 SH SHARED 2 128,445
PEABODY ENERGY CORP COM 704549104 1,218 57,612 SH SHARED 3 57,612
PEABODY ENERGY CORP COM 704549104 1,242 58,733 SH SHARED 4 58,733
PEABODY ENERGY CORP COM 704549104 1,041 49,205 SH SHARED 5 49,205
PEABODY ENERGY CORP COM 704549104 2,729 129,030 SH SHARED 6 129,030
PEABODY ENERGY CORP COM 704549104 4,104 194,046 SH SHARED 7 194,046
PEABODY ENERGY CORP COM 704549104 1,396 66,001 SH SHARED 8 66,001
PEABODY ENERGY CORP COM 704549104 6,828 322,839 SH SHARED 10 322,839
PEABODY ENERGY CORP COM 704549104 1,595 75,400 SH SHARED 11 75,400
PEABODY ENERGY CORP COM 704549104 1,258 59,470 SH SHARED 12 59,470
PEABODY ENERGY CORP COM 704549104 9,600 453,916 SH SOLE NONE 453,916
PENNYMAC MTG INVT TR COM 70931T103 3,884 150,000 SH SOLE NONE 150,000
RITE AID CORP COM 767754104 1,086 571,826 SH SHARED 1 571,826
RITE AID CORP COM 767754104 2,429 1,278,666 SH SHARED 2 1,278,666
RITE AID CORP COM 767754104 1,090 573,634 SH SHARED 3 573,634
RITE AID CORP COM 767754104 1,062 558,957 SH SHARED 4 558,957
RITE AID CORP COM 767754104 939 494,170 SH SHARED 5 494,170
RITE AID CORP COM 767754104 3,041 1,600,583 SH SHARED 6 1,600,583
RITE AID CORP COM 767754104 3,655 1,923,911 SH SHARED 7 1,923,911
RITE AID CORP COM 767754104 1,220 642,274 SH SHARED 8 642,274
RITE AID CORP COM 767754104 6,066 3,192,694 SH SHARED 10 3,192,694
RITE AID CORP COM 767754104 1,429 751,845 SH SHARED 11 751,845
RITE AID CORP COM 767754104 1,127 593,004 SH SHARED 12 593,004
RITE AID CORP COM 767754104 8,629 4,541,832 SH SOLE NONE 4,541,832
SELECT SECTOR SPDR TR SBI INT-FINL 81369Y605 5 300 SH SOLE NONE 300
SOUTHWEST AIRLS CO COM 844741108 916 67,931 SH SHARED 1 67,931
SOUTHWEST AIRLS CO COM 844741108 2,043 151,559 SH SHARED 2 151,559
SOUTHWEST AIRLS CO COM 844741108 924 68,552 SH SHARED 3 68,552
SOUTHWEST AIRLS CO COM 844741108 922 68,431 SH SHARED 4 68,431
SOUTHWEST AIRLS CO COM 844741108 814 60,384 SH SHARED 5 60,384
SOUTHWEST AIRLS CO COM 844741108 2,580 191,387 SH SHARED 6 191,387
SOUTHWEST AIRLS CO COM 844741108 2,911 215,947 SH SHARED 7 215,947
SOUTHWEST AIRLS CO COM 844741108 1,012 75,066 SH SHARED 8 75,066
SOUTHWEST AIRLS CO COM 844741108 5,327 395,182 SH SHARED 10 395,182
SOUTHWEST AIRLS CO COM 844741108 1,183 87,784 SH SHARED 11 87,784
SOUTHWEST AIRLS CO COM 844741108 958 71,033 SH SHARED 12 71,033
SOUTHWEST AIRLS CO COM 844741108 7,370 546,744 SH SOLE NONE 546,744
SPDR S&P 500 ETF TR TR UNIT 78462F103 18,612 118,800 PUT SHARED 1 118,800
SPDR S&P 500 ETF TR TR UNIT 78462F103 41,439 264,500 PUT SHARED 2 264,500
SPDR S&P 500 ETF TR TR UNIT 78462F103 23,469 149,800 PUT SHARED 3 149,800
SPDR S&P 500 ETF TR TR UNIT 78462F103 23,485 149,900 PUT SHARED 4 149,900
SPDR S&P 500 ETF TR TR UNIT 78462F103 14,946 95,400 PUT SHARED 5 95,400
SPDR S&P 500 ETF TR TR UNIT 78462F103 44,306 282,800 PUT SHARED 6 282,800
SPDR S&P 500 ETF TR TR UNIT 78462F103 44,604 284,700 PUT SHARED 7 284,700
SPDR S&P 500 ETF TR TR UNIT 78462F103 17,735 113,200 PUT SHARED 8 113,200
SPDR S&P 500 ETF TR TR UNIT 78462F103 407,342 2,600,000 PUT SHARED 9 2,600,000
SPDR S&P 500 ETF TR TR UNIT 78462F103 115,622 738,000 PUT SHARED 10 738,000
SPDR S&P 500 ETF TR TR UNIT 78462F103 20,383 130,100 PUT SHARED 11 130,100
SPDR S&P 500 ETF TR TR UNIT 78462F103 19,458 124,200 PUT SHARED 12 124,200
SPDR S&P 500 ETF TR TR UNIT 78462F103 8 48,600 PUT SOLE NONE 48,600
UNITED CONTL HLDGS INC COM 910047109 966 30,182 SH SHARED 1 30,182
UNITED CONTL HLDGS INC COM 910047109 2,160 67,490 SH SHARED 2 67,490
UNITED CONTL HLDGS INC COM 910047109 971 30,322 SH SHARED 3 30,322
UNITED CONTL HLDGS INC COM 910047109 944 29,503 SH SHARED 4 29,503
UNITED CONTL HLDGS INC COM 910047109 835 26,083 SH SHARED 5 26,083
UNITED CONTL HLDGS INC COM 910047109 2,113 65,996 SH SHARED 6 65,996
UNITED CONTL HLDGS INC COM 910047109 3,251 101,548 SH SHARED 7 101,548
UNITED CONTL HLDGS INC COM 910047109 1,085 33,899 SH SHARED 8 33,899
UNITED CONTL HLDGS INC COM 910047109 5,394 168,517 SH SHARED 10 168,517
UNITED CONTL HLDGS INC COM 910047109 1,270 39,684 SH SHARED 11 39,684
UNITED CONTL HLDGS INC COM 910047109 1,002 31,300 SH SHARED 12 31,300
UNITED CONTL HLDGS INC COM 910047109 7,675 239,773 SH SOLE NONE 239,773
UNITED STATES STL CORP NEW COM 912909108 366 18,745 SH SHARED 1 18,745
UNITED STATES STL CORP NEW COM 912909108 810 41,518 SH SHARED 2 41,518
UNITED STATES STL CORP NEW COM 912909108 527 27,048 SH SHARED 3 27,048
UNITED STATES STL CORP NEW COM 912909108 456 23,362 SH SHARED 4 23,362
UNITED STATES STL CORP NEW COM 912909108 322 16,498 SH SHARED 5 16,498
UNITED STATES STL CORP NEW COM 912909108 1,185 60,792 SH SHARED 7 60,792
UNITED STATES STL CORP NEW COM 912909108 390 19,996 SH SHARED 8 19,996
UNITED STATES STL CORP NEW COM 912909108 2,235 114,605 SH SHARED 10 114,605
UNITED STATES STL CORP NEW COM 912909108 471 24,171 SH SHARED 11 24,171
UNITED STATES STL CORP NEW COM 912909108 383 19,649 SH SHARED 12 19,649
UNITED STATES STL CORP NEW COM 912909108 1,631 83,616 SH SOLE NONE 83,616
WALTER INVT MGMT CORP COM 93317W102 7,145 191,800 CALL SOLE NONE 191,800
WELLS FARGO & CO NEW COM 949746101 144,261 3,900,000 CALL SOLE NONE 3,900,000
YAHOO INC COM 984332106 2,019 85,795 SH SOLE NONE 85,795
YAHOO INC COM 984332106 11,765 500,000 CALL SOLE NONE 500,000
YPF SOCIEDAD ANONIMA SPON ADR CL D 984245100 538 37,663 SH SHARED 1 37,663
YPF SOCIEDAD ANONIMA SPON ADR CL D 984245100 1,198 83,860 SH SHARED 2 83,860
YPF SOCIEDAD ANONIMA SPON ADR CL D 984245100 679 47,515 SH SHARED 3 47,515
YPF SOCIEDAD ANONIMA SPON ADR CL D 984245100 679 47,550 SH SHARED 4 47,550
YPF SOCIEDAD ANONIMA SPON ADR CL D 984245100 432 30,249 SH SHARED 5 30,249
YPF SOCIEDAD ANONIMA SPON ADR CL D 984245100 1,226 85,792 SH SHARED 6 85,792
YPF SOCIEDAD ANONIMA SPON ADR CL D 984245100 1,575 110,224 SH SHARED 7 110,224
YPF SOCIEDAD ANONIMA SPON ADR CL D 984245100 513 35,883 SH SHARED 8 35,883
YPF SOCIEDAD ANONIMA SPON ADR CL D 984245100 3,343 233,950 SH SHARED 10 233,950
YPF SOCIEDAD ANONIMA SPON ADR CL D 984245100 590 41,254 SH SHARED 11 41,254
YPF SOCIEDAD ANONIMA SPON ADR CL D 984245100 563 39,376 SH SHARED 12 39,376
YPF SOCIEDAD ANONIMA SPON ADR CL D 984245100 2,954 206,684 SH SOLE NONE 206,684
SK 02337 0009 1377604