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
AUTONATION INC COM 05329W102 395,120 6,791,340 SH   SOLE 0 6,791,340 0 0
GAP INC DEL COM 364760108 111,923 3,927,117 SH   SOLE 0 3,927,117 0 0
INTERNATIONAL BUSINESS MACHS COM 459200101 63,824 440,255 SH   SOLE 0 440,255 0 0
LANDS END INC NEW COM 51509F105 181,469 6,718,592 SH   SOLE 0 6,718,592 0 0
LANDS END INC NEW COM 51509F105 89 3,301 SH   DFND 1 3,301 0 0
SEARS CDA INC COM 81234D109 171,068 26,197,207 SH   SOLE 0 26,197,207 0 0
SEARS CDA INC COM 81234D109 58 8,822 SH   DFND 1 8,822 0 0
SEARS HLDGS CORP COM 812350106 504,796 22,336,105 SH   SOLE 0 22,336,105 0 0
SEARS HLDGS CORP COM 812350106 248 10,977 SH   DFND 1 10,977 0 0
SEARS HLDGS CORP *W EXP 12/15/201 812350155 84,494 4,828,219 SH   SOLE 0 4,828,219 0 0
SEARS HLDGS CORP *W EXP 12/15/201 812350155 39 2,251 SH   DFND 1 2,251 0 0
SEARS HOMETOWN & OUTLET STOR COM 812362101 38,219 4,771,352 SH   SOLE 0 4,771,352 0 0
SEARS HOMETOWN & OUTLET STOR COM 812362101 20 2,506 SH   DFND 1 2,506 0 0
SERITAGE GROWTH PPTYS CL A 81752R100 16,551 444,335 SH   SOLE 0 444,335 0 0