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
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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
AERCAP HOLDINGS NV SHS N00985106 4,274 101,300 SH   SOLE   101,300 0 0
AERCAP HOLDINGS NV SHS N00985106 4,282 101,500 SH Put SOLE   101,500 0 0
AIR PRODS & CHEMS INC COM 009158106 4,226 35,500 SH   SOLE   35,500 0 0
ANADARKO PETE CORP COM 032511107 4,306 50,800 SH   SOLE   50,800 0 0
APPLE INC COM 037833100 5,421 10,100 SH   SOLE   10,100 0 0
AXIALL CORP COM 05463D100 2,246 50,000 SH   SOLE   50,000 0 0
BANK OF AMERICA CORPORATION COM 060505104 6,085 353,800 SH   SOLE   353,800 0 0
BAXTER INTL INC COM 071813109 3,679 50,000 SH   SOLE   50,000 0 0
BAXTER INTL INC COM 071813109 3,679 50,000 SH Call SOLE   50,000 0 0
COMMONWEALTH REIT COM SH BEN INT 203233101 5,334 202,800 SH   SOLE   202,800 0 0
CREDIT SUISSE NASSAU BRH EXCHTRADE SHTERM 22539T613 1,423 203,000 SH   SOLE   203,000 0 0
EATON CORP PLC COM G29183103 6,866 91,400 SH   SOLE   91,400 0 0
EATON CORP PLC COM G29183103 3,786 50,400 SH Call SOLE   50,400 0 0
EBAY INC COM 278642103 5,590 101,200 SH   SOLE   101,200 0 0
FIDELITY NATIONAL FINANCIAL CL A 31620R105 3,194 101,600 SH   SOLE   101,600 0 0
GENERAL MOTORS CO COM 37045V100 5,246 152,400 SH   SOLE   152,400 0 0
GENERAL MOTORS CO COM 37045V100 3,494 101,500 SH Call SOLE   101,500 0 0
GENESEE & WYO INC CL A 371559105 4,924 50,600 SH   SOLE   50,600 0 0
IPASS INC COM 46261V108 42 25,400 SH   SOLE   25,400 0 0
ISHARES RUSSELL 2000 ETF 464287655 29,492 253,500 SH Put SOLE   253,500 0 0
LAUDER ESTEE COS INC CL A 518439104 6,126 91,600 SH   SOLE   91,600 0 0
OCWEN FINL CORP COM NEW 675746309 3,981 101,600 SH   SOLE   101,600 0 0
OMNICOM GROUP INC COM 681919106 5,525 76,100 SH   SOLE   76,100 0 0
PENN WEST PETE LTD NEW COM 707887105 1,697 203,000 SH Call SOLE   203,000 0 0
PRECISION CASTPARTS CORP COM 740189105 4,499 17,800 SH   SOLE   17,800 0 0
SLM CORP COM 78442P106 4,960 202,600 SH   SOLE   202,600 0 0
SOTHEBYS COM 835898107 3,314 76,100 SH   SOLE   76,100 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 37,963 203,000 SH Put SOLE   203,000 0 0
TE CONNECTIVITY LTD REG SHS H84989104 7,027 116,700 SH   SOLE   116,700 0 0
TE CONNECTIVITY LTD REG SHS H84989104 3,011 50,000 SH Call SOLE   50,000 0 0
TIME WARNER CABLE INC COM 88732J207 8,299 60,500 SH   SOLE   60,500 0 0
TIMKEN CO COM 887389104 2,986 50,800 SH   SOLE   50,800 0 0
VERIZON COMMUNICATIONS INC COM 92343V104 6,037 126,900 SH   SOLE   126,900 0 0
VODAFONE GROUP PLC NEW SPNSR ADR NO PAR 92857W308 1,866 50,700 SH   SOLE   50,700 0 0
WILLIAMS COS INC DEL COM 969457100 6,180 152,300 SH   SOLE   152,300 0 0