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
ALLSTATE CORP Common Stock 020002101 2,298 39,458 SH   OTR   0 39,458 0
ALTRIA GROUP INC Common Stock 02209S103 563 10,358 SH   OTR   0 10,358 0
AMERISOURCEBERGEN CORP Common Stock 03073E105 482 5,078 SH   OTR   0 5,078 0
AUTOZONE INC Common Stock 053332102 534 738 SH   OTR   0 738 0
AVALONBAY COMMUNITIES INC Common Stock 053484101 567 3,242 SH   OTR   0 3,242 0
CR BARD INC Common Stock 067383109 516 2,770 SH   OTR   0 2,770 0
BEST BUY CO INC Common Stock 086516101 4,085 110,045 SH   OTR   0 110,045 0
CHESAPEAKE ENERGY CORP Common Stock 165167107 1,135 154,798 SH   OTR   0 154,798 0
CLOROX COMPANY Common Stock 189054109 555 4,803 SH   OTR   0 4,803 0
CONSTELLATION BRANDS INC-A Common Stock 21036P108 522 4,170 SH   OTR   0 4,170 0
COSTCO WHOLESALE CORP Common Stock 22160K105 523 3,616 SH   OTR   0 3,616 0
CVS HEALTH CORP Common Stock 126650100 1,020 10,576 SH   OTR   0 10,576 0
DENBURY RESOURCES INC Common Stock 247916208 707 289,566 SH   OTR   0 289,566 0
DIAMOND OFFSHORE DRILLING Common Stock 25271C102 1,386 80,139 SH   OTR   0 80,139 0
ESSEX PROPERTY TRUST INC Common Stock 297178105 539 2,411 SH   OTR   0 2,411 0
FORD MOTOR CO Common Stock 345370860 2,034 149,893 SH   OTR   0 149,893 0
GAMESTOP CORP-CLASS A Common Stock 36467W109 2,056 49,900 SH   OTR   0 49,900 0
GANNETT CO INC Common Stock 36473H104 467 31,728 SH   OTR   0 31,728 0
GENERAL GROWTH PROPERTIES Common Stock 370023103 485 18,684 SH   OTR   0 18,684 0
GENERAL MOTORS CO Common Stock 37045V100 2,078 69,235 SH   OTR   0 69,235 0
HARTFORD FINANCIAL SVCS GRP Common Stock 416515104 2,126 46,441 SH   OTR   0 46,441 0
KROGER CO Common Stock 501044101 524 14,523 SH   OTR   0 14,523 0
MARATHON PETROLEUM CORP Common Stock 56585A102 2,106 45,454 SH   OTR   0 45,454 0
MCCORMICK & CO-NON VTG SHRS Common Stock 579780206 538 6,552 SH   OTR   0 6,552 0
METLIFE INC Common Stock 59156R108 2,019 42,825 SH   OTR   0 42,825 0
PHILLIPS 66 Common Stock 718546104 2,083 27,110 SH   OTR   0 27,110 0
PROGRESSIVE CORP Common Stock 743315103 537 17,529 SH   OTR   0 17,529 0
PUBLIC STORAGE Common Stock 74460D109 556 2,627 SH   OTR   0 2,627 0
REYNOLDS AMERICAN INC Common Stock 761713106 564 12,736 SH   OTR   0 12,736 0
TEGNA INC Common Stock 87901J105 1,414 63,172 SH   OTR   0 63,172 0
TESORO CORP Common Stock 881609101 4,691 48,244 SH   OTR   0 48,244 0
TRAVELERS COS INC/THE Common Stock 89417E109 4,656 46,782 SH   OTR   0 46,782 0
VALERO ENERGY CORP Common Stock 91913Y100 2,103 34,994 SH   OTR   0 34,994 0
WASTE MANAGEMENT INC Common Stock 94106L109 510 10,238 SH   OTR   0 10,238 0
XEROX CORP Common Stock 984121103 1,648 169,350 SH   OTR   0 169,350 0
AMERISOURCEBERGEN CORP Common Stock 03073E105 3,209 33,778 SH   SOLE   33,778 0 0
ADMA BIOLOGICS INC Common Stock 000899104 21 2,500 SH   SOLE   2,500 0 0
ATLAS FINANCIAL HOLDINGS INC Common Stock G06207115 139 7,500 SH   SOLE   7,500 0 0
AMTRUST FINANCIAL SERVICES Common Stock 032359309 2,428 38,548 SH   SOLE   38,548 0 0
AGENUS INC Common Stock 00847G705 120 26,000 SH   SOLE   26,000 0 0
ARLINGTON ASSET INVESTMENT-A Common Stock 041356205 557 39,630 SH   SOLE   39,630 0 0
ALLSTATE CORP Common Stock 020002101 15,387 264,207 SH   SOLE   264,207 0 0
ALLIQUA BIOMEDICAL INC Common Stock 019621200 54 17,000 SH   SOLE   17,000 0 0
AVALONBAY COMMUNITIES INC Common Stock 053484101 3,833 21,923 SH   SOLE   21,923 0 0
AUTOZONE INC Common Stock 053332102 3,537 4,887 SH   SOLE   4,887 0 0
BEST BUY CO INC Common Stock 086516101 27,327 736,181 SH   SOLE   736,181 0 0
CR BARD INC Common Stock 067383109 3,425 18,384 SH   SOLE   18,384 0 0
BERRY PLASTICS GROUP INC Common Stock 08579W103 206 6,867 SH   SOLE   6,867 0 0
BOVIE MEDICAL CORP Common Stock 10211F100 78 40,000 SH   SOLE   40,000 0 0
CAL-MAINE FOODS INC Common Stock 128030202 1,673 30,634 SH   SOLE   30,634 0 0
CRACKER BARREL OLD COUNTRY Common Stock 22410J106 254 1,726 SH   SOLE   1,726 0 0
CHEMED CORP Common Stock 16359R103 288 2,160 SH   SOLE   2,160 0 0
CHESAPEAKE ENERGY CORP Common Stock 165167107 7,627 1,040,516 SH   SOLE   1,040,516 0 0
CLEARSIGN COMBUSTION CORP Common Stock 185064102 111 18,000 SH   SOLE   18,000 0 0
CLOROX COMPANY Common Stock 189054109 3,692 31,954 SH   SOLE   31,954 0 0
COMMERCIAL METALS CO Common Stock 201723103 852 62,872 SH   SOLE   62,872 0 0
CNO FINANCIAL GROUP INC Common Stock 12621E103 982 52,212 SH   SOLE   52,212 0 0
COSI INC Common Stock 22122P200 224 220,050 SH   SOLE   220,050 0 0
COSTCO WHOLESALE CORP Common Stock 22160K105 3,510 24,279 SH   SOLE   24,279 0 0
CERAGON NETWORKS LTD Common Stock M22013102 133 85,000 SH   SOLE   85,000 0 0
COOPER TIRE & RUBBER Common Stock 216831107 2,363 59,801 SH   SOLE   59,801 0 0
CVS HEALTH CORP Common Stock 126650100 6,862 71,127 SH   SOLE   71,127 0 0
CURTISS-WRIGHT CORP Common Stock 231561101 207 3,313 SH   SOLE   3,313 0 0
DEAN FOODS CO Common Stock 242370203 1,120 67,823 SH   SOLE   67,823 0 0
DELEK US HOLDINGS INC Common Stock 246647101 1,494 53,937 SH   SOLE   53,937 0 0
DENBURY RESOURCES INC Common Stock 247916208 4,754 1,948,364 SH   SOLE   1,948,364 0 0
DIAMOND OFFSHORE DRILLING Common Stock 25271C102 9,317 538,533 SH   SOLE   538,533 0 0
ERICKSON INC Common Stock 29482P100 44 14,000 SH   SOLE   14,000 0 0
ESSEX PROPERTY TRUST INC Common Stock 297178105 3,646 16,318 SH   SOLE   16,318 0 0
ISHARES MSCI ITALY CAPPED ET ETP 464286855 361 25,191 SH   SOLE   25,191 0 0
FORD MOTOR CO Common Stock 345370860 13,549 998,475 SH   SOLE   998,475 0 0
FIRST AMERICAN FINANCIAL Common Stock 31847R102 2,672 68,400 SH   SOLE   68,400 0 0
GANNETT CO INC Common Stock 36473H104 3,139 213,095 SH   SOLE   213,095 0 0
GENERAL GROWTH PROPERTIES Common Stock 370023103 3,262 125,595 SH   SOLE   125,595 0 0
GULFMARK OFFSHORE INC-CL A Common Stock 402629208 165 27,063 SH   SOLE   27,063 0 0
GLORI ENERGY INC Common Stock 379606106 36 48,000 SH   SOLE   48,000 0 0
GENERAL MOTORS CO Common Stock 37045V100 13,843 461,139 SH   SOLE   461,139 0 0
GAMESTOP CORP-CLASS A Common Stock 36467W109 13,694 332,290 SH   SOLE   332,290 0 0
GREEN PLAINS INC Common Stock 393222104 1,208 62,063 SH   SOLE   62,063 0 0
HARTFORD FINANCIAL SVCS GRP Common Stock 416515104 14,153 309,142 SH   SOLE   309,142 0 0
ICONIX BRAND GROUP INC Common Stock 451055107 80 5,901 SH   SOLE   5,901 0 0
JACK IN THE BOX INC Common Stock 466367109 451 5,849 SH   SOLE   5,849 0 0
KNIGHT TRANSPORTATION INC Common Stock 499064103 193 8,060 SH   SOLE   8,060 0 0
KROGER CO Common Stock 501044101 3,515 97,459 SH   SOLE   97,459 0 0
METLIFE INC Common Stock 59156R108 13,542 287,221 SH   SOLE   287,221 0 0
MCCORMICK & CO-NON VTG SHRS Common Stock 579780206 3,581 43,580 SH   SOLE   43,580 0 0
MAXIMUS INC Common Stock 577933104 219 3,680 SH   SOLE   3,680 0 0
ALTRIA GROUP INC Common Stock 02209S103 3,667 67,405 SH   SOLE   67,405 0 0
MOLINA HEALTHCARE INC Common Stock 60855R100 254 3,694 SH   SOLE   3,694 0 0
MARATHON PETROLEUM CORP Common Stock 56585A102 14,157 305,560 SH   SOLE   305,560 0 0
VAIL RESORTS INC Common Stock 91879Q109 244 2,331 SH   SOLE   2,331 0 0
NEONODE INC Common Stock 64051M402 195 80,000 SH   SOLE   80,000 0 0
OMNOVA SOLUTIONS INC Common Stock 682129101 42 7,500 SH   SOLE   7,500 0 0
ONCOSEC MEDICAL INC Common Stock 68234L207 46 9,000 SH   SOLE   9,000 0 0
BANK OF THE OZARKS Common Stock 063904106 311 7,102 SH   SOLE   7,102 0 0
PROGRESSIVE CORP Common Stock 743315103 3,573 116,596 SH   SOLE   116,596 0 0
1347 PROPERTY INSURANCE HOLD Common Stock 68244P107 223 30,500 SH   SOLE   30,500 0 0
PLUG POWER INC Common Stock 72919P202 293 160,000 SH   SOLE   160,000 0 0
POWERSECURE INTERNATIONAL IN Common Stock 73936N105 138 12,000 SH   SOLE   12,000 0 0
PUBLIC STORAGE Common Stock 74460D109 3,700 17,485 SH   SOLE   17,485 0 0
PHILLIPS 66 Common Stock 718546104 13,861 180,384 SH   SOLE   180,384 0 0
PIXELWORKS INC Common Stock 72581M305 51 14,000 SH   SOLE   14,000 0 0
REYNOLDS AMERICAN INC Common Stock 761713106 3,640 82,215 SH   SOLE   82,215 0 0
RENT-A-CENTER INC Common Stock 76009N100 914 37,702 SH   SOLE   37,702 0 0
RESONANT INC Common Stock 76118L102 84 18,000 SH   SOLE   18,000 0 0
RMG NETWORKS HOLDING CORP Common Stock 74966K102 65 77,500 SH   SOLE   77,500 0 0
ISHARES 1-3 YEAR TREASURY BO ETP 464287457 141,302 1,662,567 SH   SOLE   1,662,567 0 0
SS&C TECHNOLOGIES HOLDINGS Common Stock 78467J100 276 3,939 SH   SOLE   3,939 0 0
STERIS PLC Common Stock 859152100 231 3,555 SH   SOLE   3,555 0 0
CONSTELLATION BRANDS INC-A Common Stock 21036P108 3,473 27,739 SH   SOLE   27,739 0 0
FIRSTHAND TECHNOLOGY VALUE Common Stock 33766Y100 21 2,500 SH   SOLE   2,500 0 0
TEGNA INC Common Stock 87901J105 9,493 423,966 SH   SOLE   423,966 0 0
TREEHOUSE FOODS INC Common Stock 89469A104 201 2,585 SH   SOLE   2,585 0 0
TEL-INSTRUMENT ELECTRONICS Common Stock 879165207 53 11,500 SH   SOLE   11,500 0 0
TEAM HEALTH HOLDINGS INC Common Stock 87817A107 201 3,725 SH   SOLE   3,725 0 0
TOP SHIPS INC Common Stock Y8897Y149 80 85,603 SH   SOLE   85,603 0 0
TRAVELERS COS INC/THE Common Stock 89417E109 30,977 311,237 SH   SOLE   311,237 0 0
TESORO CORP Common Stock 881609101 30,927 318,044 SH   SOLE   318,044 0 0
MARRIOTT VACATIONS WORLD Common Stock 57164Y107 244 3,579 SH   SOLE   3,579 0 0
VALERO ENERGY CORP Common Stock 91913Y100 14,123 234,996 SH   SOLE   234,996 0 0
ENERGOUS CORP Common Stock 29272C103 79 11,500 SH   SOLE   11,500 0 0
WASTE MANAGEMENT INC Common Stock 94106L109 3,422 68,709 SH   SOLE   68,709 0 0
WESTERN REFINING INC Common Stock 959319104 1,991 45,131 SH   SOLE   45,131 0 0
CONSUMER DISCRETIONARY SELT ETP 81369Y407 14,185 191,017 SH   SOLE   191,017 0 0
XEROX CORP Common Stock 984121103 11,131 1,144,026 SH   SOLE   1,144,026 0 0
DENBURY RESOURCES INC Common Stock 247916908 4,209 1,725,000 SH Call SOLE   1,725,000 0 0
ISHARES MSCI EMERGING MARKET ETP 464287904 196,106 5,982,500 SH Call SOLE   5,982,500 0 0
IPATH S&P 500 VIX S/T FU ETN ETP 06742E951 38,445 1,500,000 SH Put SOLE   1,500,000 0 0