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

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COLUMN 1COLUMN 2COLUMN 3COLUMN 4COLUMN 5COLUMN 6COLUMN 7COLUMN 8
VALUESHRS ORSH/PUT/INVESTMENTOTHERVOTING AUTHORITY
NAME OF ISSUERTITLE OF CLASSCUSIP(x$1000)PRN AMTPRNCALLDISCRETIONMANAGERSOLESHAREDNONE
BANCO MACRO SASPON ADR B05961W10591263,749SH SOLE 63,74900
BERRY CORPCOM08579X1011310SH SOLE 31000
CITY OFFICE REIT INCCOM178587101752100,000SH SOLE 100,00000
ISHARES TRIBOXX HI YD ETF464288513202,8982,418,330SH SOLE 2,418,33000
LADDER CAP CORPCL A5057431042,084292,740SH SOLE 292,74000
SPDR S&P 500 ETF TRTR UNIT78462F10316,74550,000SHPutSOLE 50,00000