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
ACCENTURE PLC IRELAND SHS CLASS A G1151C101 691 8,400 SH   SOLE   8,400 0 0
ADOBE SYS INC COM 00724F101 479 8,000 SH   SOLE   8,000 0 0
ALLSCRIPTS HEALTHCARE SOLUTN COM 01988P108 1,036 67,000 SH   SOLE   67,000 0 0
AMAZON COM INC COM 023135106 1,994 5,000 SH   SOLE   5,000 0 0
AMERICAN AIRLS GROUP INC COM 02376R102 631 25,000 SH   SOLE   25,000 0 0
ANNALY CAP MGMT INC COM 035710409 1,296 130,000 SH   SOLE   130,000 0 0
APPLE INC COM 037833100 3,647 6,500 SH   SOLE   6,500 0 0
APPLIED MATLS INC COM 038222105 486 27,500 SH   SOLE   27,500 0 0
ARES CAP CORP COM 04010L103 1,191 67,000 SH   SOLE   67,000 0 0
ARM HLDGS PLC SPONSORED ADR 042068106 755 13,800 SH   SOLE   13,800 0 0
AUTOMATIC DATA PROCESSING IN COM 053015103 525 6,500 SH   SOLE   6,500 0 0
BAIDU INC SPON ADR REP A 056752108 445 2,500 SH   SOLE   2,500 0 0
CALAMP CORP COM 128126109 1,399 50,000 SH   SOLE   50,000 0 0
CBS CORP NEW CL B 124857202 3,346 52,500 SH   SOLE   52,500 0 0
CISCO SYS INC COM 17275R102 1,794 80,000 SH   SOLE   80,000 0 0
COGNIZANT TECHNOLOGY SOLUTIO CL A 192446102 505 5,000 SH   SOLE   5,000 0 0
CORNING INC COM 219350105 485 27,200 SH   SOLE   27,200 0 0
CYS INVTS INC COM 12673A108 741 100,000 SH   SOLE   100,000 0 0
DELIA'S INC NEW COM 246911101 272 309,273 SH   SOLE   309,273 0 0
DISNEY WALT CO COM DISNEY 254687106 588 7,700 SH   SOLE   7,700 0 0
DOLBY LABORATORIES INC COM 25659T107 386 10,000 SH   SOLE   10,000 0 0
E M C CORP MASS COM 268648102 931 37,000 SH   SOLE   37,000 0 0
EBAY INC COM 278642103 3,319 60,500 SH   SOLE   60,500 0 0
F5 NETWORKS INC COM 315616102 727 8,000 SH   SOLE   8,000 0 0
FACEBOOK INC CL A 30303M102 1,148 21,000 SH   SOLE   21,000 0 0
GENERAL MLS INC COM 370334104 2,446 49,000 SH   SOLE   49,000 0 0
GILEAD SCIENCES INC COM 375558103 1,014 13,500 SH   SOLE   13,500 0 0
GOOGLE INC CL A 38259P508 8,966 8,000 SH   SOLE   8,000 0 0
HEWLETT PACKARD CO COM 428236103 672 24,000 SH   SOLE   24,000 0 0
HOMEAWAY INC COM 43739Q100 1,921 47,000 SH   SOLE   47,000 0 0
HOSPITALITY PPTYS TR COM SH BEN INT 44106M102 1,811 67,000 SH   SOLE   67,000 0 0
INTEL CORP COM 458140100 1,684 64,900 SH   SOLE   64,900 0 0
INTERNATIONAL BUSINESS MACHS COM 459200101 2,251 12,000 SH   SOLE   12,000 0 0
INTUIT COM 461202103 511 6,700 SH   SOLE   6,700 0 0
ISHARES 20+ YR TR BD ETF 464287432 1,019 10,000 SH Put SOLE   10,000 0 0
ISHARES MSCI JAPAN ETF 464286848 1,214 100,000 SH   SOLE   100,000 0 0
ISHARES MSCI JAPAN ETF 464286848 2,038 167,900 SH Call SOLE   167,900 0 0
ISHARES N AMER TECH ETF 464287549 2,956 33,000 SH   SOLE   33,000 0 0
LINKEDIN CORP COM CL A 53578A108 629 2,900 SH   SOLE   2,900 0 0
MASTERCARD INC CL A 57636Q104 1,170 1,400 SH   SOLE   1,400 0 0
MICRON TECHNOLOGY INC COM 595112103 470 21,600 SH   SOLE   21,600 0 0
MICROSOFT CORP COM 594918104 3,812 101,900 SH   SOLE   101,900 0 0
MOODYS CORP COM 615369105 1,569 20,000 SH   SOLE   20,000 0 0
NABORS INDUSTRIES LTD SHS G6359F103 2,803 165,000 SH   SOLE   165,000 0 0
NANOMETRICS INC COM 630077105 914 48,000 SH   SOLE   48,000 0 0
NETFLIX INC COM 64110L106 442 1,200 SH   SOLE   1,200 0 0
ORACLE CORP COM 68389X105 1,791 46,800 SH   SOLE   46,800 0 0
PAIN THERAPEUTICS INC COM 69562K100 2,236 460,000 SH   SOLE   460,000 0 0
PRICELINE COM INC COM NEW 741503403 814 700 SH   SOLE   700 0 0
QUALCOMM INC COM 747525103 1,856 25,000 SH   SOLE   25,000 0 0
SALESFORCE COM INC COM 79466L302 497 9,000 SH   SOLE   9,000 0 0
SELECT SECTOR SPDR TR SBI INT-UTILS 81369Y886 1,614 42,500 SH   SOLE   42,500 0 0
SMITH & WESSON HLDG CORP COM 831756101 6,745 500,000 SH   SOLE   500,000 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 4,617 25,000 SH   SOLE   25,000 0 0
TANGOE INC COM 87582Y108 607 33,682 SH   SOLE   33,682 0 0
TE CONNECTIVITY LTD REG SHS H84989104 496 9,000 SH   SOLE   9,000 0 0
TEXAS INSTRS INC COM 882508104 641 14,600 SH   SOLE   14,600 0 0
TIME WARNER INC COM NEW 887317303 2,963 42,500 SH   SOLE   42,500 0 0
TWITTER INC COM 90184L102 541 8,500 SH   SOLE   8,500 0 0
UNILEVER PLC SPON ADR NEW 904767704 1,401 34,000 SH   SOLE   34,000 0 0
VISA INC COM CL A 92826C839 1,492 6,700 SH   SOLE   6,700 0 0
WIDEPOINT CORP COM 967590100 361 219,924 SH   SOLE   219,924 0 0
YAHOO INC COM 984332106 506 12,500 SH   SOLE   12,500 0 0