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
3M CO COM 88579y101 1,120 7,821 SH   SOLE   7,821 0 0
AMERICAN AIRLS GROUP INC COM 02376R102 2,797 65,100 SH   SOLE   65,100 0 0
APPLE INC COM 037833100 4,380 47,131 SH   SOLE   47,131 0 0
ARCHER DANIELS MIDLAND CO COM 039483102 1,156 26,200 SH   SOLE   26,200 0 0
BANK OF AMERICA CORPORATION COM 060505104 3,443 224,000 SH   SOLE   224,000 0 0
BECTON DICKINSON & CO COM 075887109 1,100 9,300 SH   SOLE   9,300 0 0
BRISTOL MYERS SQUIBB CO COM 110122108 1,042 21,486 SH   SOLE   21,486 0 0
CA INC COM 12673P105 963 33,500 SH   SOLE   33,500 0 0
CAMPBELL SOUP CO COM 134429109 953 20,794 SH   SOLE   20,794 0 0
CAPITOL ACQUISITION CORP II UNIT 99/99/9999 14056V204 1,364 130,484 SH   SOLE   130,484 0 0
CARLYLE GROUP L P COM UTS LTD PTN 14309l102 2,349 69,170 SH   SOLE   69,170 0 0
CONAGRA FOODS INC COM 205887102 782 26,338 SH   SOLE   26,338 0 0
CONOCOPHILLIPS COM 20825C104 1,205 14,050 SH   SOLE   14,050 0 0
CONVERSANT INC COM 21249J105 2,683 105,625 SH   SOLE   105,625 0 0
CUSTOMERS BANCORP INC COM 23204G100 852 42,570 SH   SOLE   42,570 0 0
DARDEN RESTAURANTS INC COM 237194105 820 17,715 SH   SOLE   17,715 0 0
DU PONT E I DE NEMOURS & CO COM 263534109 967 14,779 SH   SOLE   14,779 0 0
EMERSON ELEC CO COM 291011104 1,011 15,231 SH   SOLE   15,231 0 0
ENERGY TRANSFER PRTNRS L P UNIT LTD PARTN 29273R109 996 17,175 SH   SOLE   17,175 0 0
GENERAL ELECTRIC CO COM 369604103 982 37,350 SH   SOLE   37,350 0 0
INTEL CORP COM 458140100 3,553 115,000 SH   SOLE   115,000 0 0
JOHNSON & JOHNSON COM 478160104 1,110 10,608 SH   SOLE   10,608 0 0
K12 INC COM 48273u102 1,873 77,812 SH   SOLE   77,812 0 0
LAZARD LTD SHS A G54050102 2,831 54,900 SH   SOLE   54,900 0 0
MARVELL TECHNOLOGY GROUP LTD ORD g5876h105 1,863 130,000 SH   SOLE   130,000 0 0
METLIFE INC COM 59156r108 3,189 57,400 SH   SOLE   57,400 0 0
MICROSOFT CORP COM 594918104 3,620 86,800 SH   SOLE   86,800 0 0
NATIONAL OILWELL VARCO INC COM 637071101 2,495 30,300 SH   SOLE   30,300 0 0
NETAPP INC COM 64110D104 1,990 54,500 SH   SOLE   54,500 0 0
NORFOLK SOUTHERN CORP COM 655844108 1,159 11,250 SH   SOLE   11,250 0 0
NOW INC COM 67011P100 274 7,575 SH   SOLE   7,575 0 0
NVR INC COM 62944T105 3,509 3,050 SH   SOLE   3,050 0 0
ORACLE CORP COM 68389X105 2,140 52,800 SH   SOLE   52,800 0 0
PBF ENERGY INC CL A 69318G106 1,400 52,550 SH   SOLE   52,550 0 0
PFIZER INC COM 717081103 864 29,122 SH   SOLE   29,122 0 0
PROCTER & GAMBLE CO COM 742718109 836 10,634 SH   SOLE   10,634 0 0
PROSHARES TR PSHS ULTSH 20YRS 74347b201 2,270 37,385 SH   SOLE   37,385 0 0
QUEST DIAGNOSTICS INC COM 74834L100 858 14,615 SH   SOLE   14,615 0 0
SWIFT TRANSN CO CL A 87074u101 3,526 139,750 SH   SOLE   139,750 0 0
SYMANTEC CORP COM 871503108 985 43,000 SH   SOLE   43,000 0 0
SYSCO CORP COM 871829107 863 23,041 SH   SOLE   23,041 0 0
TARGET CORP COM 87612E106 735 12,680 SH   SOLE   12,680 0 0
TIME WARNER INC COM NEW 887317303 1,135 16,163 SH   SOLE   16,163 0 0
UNITED CONTL HLDGS INC COM 910047109 4,477 109,000 SH   SOLE   109,000 0 0
VIACOM INC NEW CL B 92553p201 1,173 13,530 SH   SOLE   13,530 0 0