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
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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
AMERICAN AIRLS GROUP INC COM 02376R102 314,839 8,602,148 SH   SOLE N/A 8,602,148 0 0
AMERICAN INTL GROUP INC COM NEW 026874784 61,255 1,224,848 SH   SOLE N/A 1,224,848 0 0
APPLE INC COM 037833100 134,388 250,378 SH   SOLE N/A 250,378 0 0
ASML HOLDING N V N Y REGISTRY SHS N07059210 49,040 525,275 SH   SOLE N/A 525,275 0 0
AXIALL CORP COM 05463D100 63,710 1,418,309 SH   SOLE N/A 1,418,309 0 0
BAIDU INC SPON ADR REP A 056752108 31,343 205,692 SH   SOLE N/A 205,692 0 0
BEAZER HOMES USA INC COM NEW 07556Q881 5,086 253,275 SH   SOLE N/A 253,275 0 0
BERRY PLASTICS GROUP INC COM 08579W103 28,991 1,252,302 SH   SOLE N/A 1,252,302 0 0
BROADCOM CORP CL A 111320107 53,306 1,693,336 SH   SOLE N/A 1,693,336 0 0
CBS CORP NEW CL B 124857202 77,882 1,260,224 SH   SOLE N/A 1,260,224 0 0
CELANESE CORP DEL COM SER A 150870103 75,286 1,356,268 SH   SOLE N/A 1,356,268 0 0
CHICAGO BRIDGE & IRON CO N V N Y REGISTRY SH 167250109 107,030 1,228,114 SH   SOLE N/A 1,228,114 0 0
CITIGROUP INC COM NEW 172967424 479,577 10,075,139 SH   SOLE N/A 10,075,139 0 0
COMCAST CORP NEW CL A 20030N101 45,162 902,888 SH   SOLE N/A 902,888 0 0
DELPHI AUTOMOTIVE PLC SHS G27823106 48,405 713,311 SH   SOLE N/A 713,311 0 0
DELTA AIR LINES INC DEL COM NEW 247361702 206,850 5,969,683 SH   SOLE N/A 5,969,683 0 0
DISNEY WALT CO COM DISNEY 254687106 110,216 1,376,500 SH   SOLE N/A 1,376,500 0 0
DU PONT E I DE NEMOURS & CO COM 263534109 71,391 1,063,942 SH   SOLE N/A 1,063,942 0 0
EASTMAN CHEM CO COM 277432100 99,176 1,150,396 SH   SOLE N/A 1,150,396 0 0
EXPEDIA INC DEL COM NEW 30212P303 50,448 695,837 SH   SOLE N/A 695,837 0 0
FACEBOOK INC CL A 30303M102 28,825 478,500 SH   SOLE N/A 478,500 0 0
FORD MTR CO DEL COM PAR $0.01 345370860 113,674 7,286,816 SH   SOLE N/A 7,286,816 0 0
GENERAL MTRS CO COM 37045V100 271,371 7,884,118 SH   SOLE N/A 7,884,118 0 0
GENERAL MTRS CO *W EXP 07/10/201 37045V118 4,592 184,879 SH   SOLE N/A 184,879 0 0
GENERAL MTRS CO *W EXP 07/10/201 37045V126 3,219 184,879 SH   SOLE N/A 184,879 0 0
GOODYEAR TIRE & RUBR CO COM 382550101 294,775 11,281,096 SH   SOLE N/A 11,281,096 0 0
GOOGLE INC CL A 38259P508 492,902 442,259 SH   SOLE N/A 442,259 0 0
HALLIBURTON CO COM 406216101 295,900 5,024,621 SH   SOLE N/A 5,024,621 0 0
HARTFORD FINL SVCS GROUP INC *W EXP 06/26/201 416515120 34,004 1,275,475 SH   SOLE N/A 1,275,475 0 0
HCA HOLDINGS INC COM 40412C101 279,661 5,326,882 SH   SOLE N/A 5,326,882 0 0
HD SUPPLY HLDGS INC COM 40416M105 26,402 1,009,630 SH   SOLE N/A 1,009,630 0 0
HESS CORP COM 42809H107 34,128 411,780 SH   SOLE N/A 411,780 0 0
HUNTSMAN CORP COM 447011107 178,641 7,315,375 SH   SOLE N/A 7,315,375 0 0
INGERSOLL-RAND PLC SHS G47791101 29,117 508,679 SH   SOLE N/A 508,679 0 0
INGREDION INC COM 457187102 48,942 718,896 SH   SOLE N/A 718,896 0 0
JPMORGAN CHASE & CO COM 46625H100 72,403 1,192,600 SH   SOLE N/A 1,192,600 0 0
KBR INC COM 48242W106 68,034 2,550,000 SH   SOLE N/A 2,550,000 0 0
MASCO CORP COM 574599106 70,556 3,176,775 SH   SOLE N/A 3,176,775 0 0
METLIFE INC COM 59156R108 58,801 1,113,663 SH   SOLE N/A 1,113,663 0 0
MGM RESORTS INTERNATIONAL COM 552953101 93,064 3,598,758 SH   SOLE N/A 3,598,758 0 0
MUELLER WTR PRODS INC COM SER A 624758108 28,799 3,031,510 SH   SOLE N/A 3,031,510 0 0
OMNICOM GROUP INC COM 681919106 25,707 354,086 SH   SOLE N/A 354,086 0 0
OWENS CORNING NEW COM 690742101 131,514 3,046,430 SH   SOLE N/A 3,046,430 0 0
PLY GEM HLDGS INC COM 72941W100 5,342 422,988 SH   SOLE N/A 422,988 0 0
POWERSHARES QQQ TRUST UNIT SER 1 73935A104 815,439 9,300,167 SH   SOLE N/A 9,300,167 0 0
POWERSHARES QQQ TRUST UNIT SER 1 73935A104 438,400 5,000,000 SH Call SOLE N/A 0 0 0
PRICELINE COM INC COM NEW 741503403 218,383 183,224 SH   SOLE N/A 183,224 0 0
PRUDENTIAL FINL INC COM 744320102 63,972 755,727 SH   SOLE N/A 755,727 0 0
QUALCOMM INC COM 747525103 77,955 988,523 SH   SOLE N/A 988,523 0 0
SCHLUMBERGER LTD COM 806857108 58,344 598,400 SH   SOLE N/A 598,400 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 900,525 4,814,613 SH   SOLE N/A 4,814,613 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 1,122,240 6,000,000 SH Call SOLE N/A 0 0 0
TEREX CORP NEW COM 880779103 56,091 1,266,163 SH   SOLE N/A 1,266,163 0 0
TRINITY INDS INC COM 896522109 50,121 695,444 SH   SOLE N/A 695,444 0 0
TRIUMPH GROUP INC NEW COM 896818101 60,116 930,876 SH   SOLE N/A 930,876 0 0
UNITED CONTL HLDGS INC COM 910047109 207,462 4,648,495 SH   SOLE N/A 4,648,495 0 0
VALMONT INDS INC COM 920253101 33,569 225,535 SH   SOLE N/A 225,535 0 0
WHIRLPOOL CORP COM 963320106 151,978 1,016,847 SH   SOLE N/A 1,016,847 0 0