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
ANTHEM INC COM 036752103 7,093 45,937 SH   DFND   45,937 0 0
APPLE INC COM 037833100 1,792 14,400 SH   DFND   15,150 0 0
BANK AMER CORP COM 060505104 4,455 289,469 SH   DFND   18,000 0 0
CHILDRENS PL INC COM 168905107 1,508 23,500 SH   DFND   266,869 0 0
CITIGROUP INC COM NEW 172967424 4,982 96,707 SH   DFND   15,000 0 0
CUMULUS MEDIA INC CL A 231082108 1,623 656,989 SH   DFND   35,800 0 0
CVS HEALTH CORP COM 126650100 3,354 32,500 SH   DFND   95,957 0 0
DARDEN RESTAURANTS INC COM 237194105 1,768 25,500 SH   DFND   787,120 0 0
DISNEY WALT CO COM DISNEY 254687106 2,129 20,300 SH   DFND   54,800 0 0
DORIAN LPG LTD SHS USD Y2106R110 7,172 550,413 SH   DFND   32,500 0 0
FINISH LINE INC CL A 317923100 3,200 130,516 SH   DFND   25,500 0 0
FOOT LOCKER INC COM 344849104 2,048 32,500 SH   DFND   44,000 0 0
GAP INC DEL COM 364760108 1,105 25,500 SH   DFND   20,300 0 0
GOLAR LNG LTD BERMUDA SHS G9456A100 566 17,000 SH   DFND   530,453 0 0
GRAFTECH INTL LTD COM 384313102 1,017 261,507 SH   DFND   111,716 0 0
HEIDRICK & STRUGGLES INTL IN COM 422819102 1,470 59,800 SH   DFND   51,750 0 0
HYSTER YALE MATLS HANDLING I CL A 449172105 1,371 18,700 SH   DFND   36,300 0 0
JPMORGAN CHASE & CO COM 46625H100 6,133 101,240 SH   DFND   25,500 0 0
LIVE NATION ENTERTAINMENT IN COM 538034109 5,310 210,468 SH   DFND   24,500 0 0
MACYS INC COM 55616P104 9,233 142,250 SH   DFND   19,000 0 0
MANITOWOC INC COM 563571108 3,027 140,399 SH   DFND   261,507 0 0
MARKET VECTORS ETF TR OIL SVCS ETF 57060U191 2,096 62,163 SH   DFND   59,800 0 0
MEDASSETS INC COM 584045108 2,465 131,000 SH   DFND   25,500 0 0
MICHAEL KORS HLDGS LTD SHS G60754101 7,438 113,130 SH   DFND   102,115 0 0
MICRON TECHNOLOGY INC COM 595112103 1,039 38,300 SH   DFND   210,868 0 0
MOLINA HEALTHCARE INC COM 60855R100 3,997 59,400 SH   DFND   143,225 0 0
NAVIOS MARITIME ACQUIS CORP SHS Y62159101 304 85,800 SH   DFND   126,636 0 0
NAVIOS MARITIME MIDSTREAM LP COM UNIT LTD Y62134104 966 69,109 SH   DFND   36,700 0 0
NORTH ATLANTIC DRILLING LTD COM G6613P202 1,536 1,324,362 SH   DFND   23,900 0 0
OAKTREE CAP GROUP LLC UNIT CL A 674001201 2,428 47,000 SH   DFND   59,400 0 0
PERFORMANCE SPORTS GROUP LTD COM 71377G100 1,164 59,700 SH   DFND   284,886 0 0
PFIZER INC COM 717081103 658 18,900 SH   DFND   69,850 0 0
PFIZER INC CALL 717081903 2,223 63,900 SH Call DFND   1,699,468 0 0
QEP RES INC COM 74733V100 279 13,400 SH   DFND   16,000 0 0
RENTECH INC COM 760112102 453 404,855 SH   DFND   89,500 0 0
RENTECH NITROGEN PARTNERS L COM UNIT 760113100 4,745 315,061 SH   DFND   50,800 0 0
SEADRILL LIMITED SHS G7945E105 468 50,000 SH Call DFND   170,600 0 0
SUNEDISON INC COM 86732Y109 2,138 89,100 SH   DFND   25,600 0 0
TEREX CORP NEW COM 880779103 290 10,925 SH   DFND   702,355 0 0
UNITED RENTALS INC COM 911363109 2,160 23,700 SH   DFND   276,162 0 0
VERISIGN INC COM 92343E102 2,947 44,000 SH   DFND   24,500 0 0
VIACOM INC NEW CL B 92553P201 3,292 48,200 SH   DFND   76,300 0 0
WHOLE FOODS MKT INC COM 966837106 1,323 25,400 SH   DFND   44,000 0 0