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
APPLE INC COM 037833100 5,137 47,131 SH   SOLE   47,131 0 0
BANK AMER CORP COM 060505104 3,366 249,000 SH   SOLE   249,000 0 0
CAPITOL ACQUISITION CORP III UNIT 99/99/9999 14055M205 3,792 385,000 SH   SOLE   385,000 0 0
HRG GROUP INC COM 40434J100 4,788 343,709 SH   SOLE   343,709 0 0
K12 INC COM 48273u102 1,081 109,349 SH   SOLE   109,349 0 0
KEYCORP NEW COM 493267108 1,645 149,000 SH   SOLE   149,000 0 0
LAZARD LTD SHS A G54050102 2,130 54,900 SH   SOLE   54,900 0 0
LINDBLAD EXPEDITIONS HLDGS I COM 535219109 1,297 130,484 SH   SOLE   130,484 0 0
LINDBLAD EXPEDITIONS HLDGS I *W EXP 07/08/202 535219117 166 65,242 SH   SOLE   65,242 0 0
METLIFE INC COM 59156r108 2,522 57,400 SH   SOLE   57,400 0 0
MICROSOFT CORP COM 594918104 2,761 50,000 SH   SOLE   50,000 0 0
NEW SR INVT GROUP INC COM 648691103 2,070 201,000 SH   SOLE   201,000 0 0
NORTHSTAR RLTY FIN CORP COM 66704R803 2,784 212,200 SH   SOLE   212,200 0 0
NVR INC COM 62944T105 5,284 3,050 SH   SOLE   3,050 0 0
ORACLE CORP COM 68389X105 2,160 52,800 SH   SOLE   52,800 0 0
PBF ENERGY INC CL A 69318G106 2,656 80,000 SH   SOLE   80,000 0 0
PERFORMANCE SPORTS GROUP LTD COM 71377G100 820 258,000 SH   SOLE   258,000 0 0
WISDOMTREE TR EUROPE HEDGED EQ 97717X701 6,507 125,325 SH   SOLE   125,325 0 0
YRC WORLDWIDE INC COM PAR $.01 984249607 3,287 352,658 SH   SOLE   352,658 0 0