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
SYNGENTA AG-ADR Common 87160A100 7,454 91,336 SH   SOLE   91,336 0 0
AETNA INC Common 00817Y108 24,727 194,000 SH   SOLE   194,000 0 0
ALLERGAN PLC Common G0177J108 21,571 71,083 SH   SOLE   71,083 0 0
ALTISOURCE RESIDENTIAL CORP Common 02153W100 45,386 2,693,504 SH   SOLE   2,693,504 0 0
VEREIT Common 92339V100 29,742 3,658,274 SH   SOLE   3,658,274 0 0
ANADARKO PETROLEUM CORP Common 032511107 26,931 345,000 SH   SOLE   345,000 0 0
BARRICK GOLD CORP Common 067901108 42,217 3,960,300 SH   SOLE   3,960,300 0 0
DISH NETWORK CORP-A Common 25470M109 6,154 90,894 SH   SOLE   90,894 0 0
DYNEGY INC Common 26817R108 33,930 1,160,000 SH   SOLE   1,160,000 0 0
FMC CORP Common 30249U101 64,550 1,228,353 SH   SOLE   1,228,353 0 0
FTD COS INC Common 30281V108 51,246 1,817,888 SH   SOLE   1,817,888 0 0
GENERAL MOTORS CO Common 37045V100 101,425 3,043,056 SH   SOLE   3,043,056 0 0
GILEAD SCIENCES INC Common 375558103 87,225 745,000 SH   SOLE   745,000 0 0
GLOBALSTAR INC Common 378973408 42,669 20,222,260 SH   SOLE   20,222,260 0 0
GULF COAST ULTRA DEEP ROYALT Common 40222T104 2,853 4,076,385 SH   SOLE   4,076,385 0 0
HOME LOAN SERVICING SOLUTION Common 076272417 3,761 5,450,000 SH   SOLE   5,450,000 0 0
HUMANA INC Common 444859102 20,467 107,000 SH   SOLE   107,000 0 0
IAC/INTERACTIVECORP Common 44919P508 73,928 928,039 SH   SOLE   928,039 0 0
INTERNATIONAL GAME TECHNOLOG Common G4863A108 78,035 4,393,874 SH   SOLE   4,393,874 0 0
MACERICH CO/THE Common 554382101 59,316 795,116 SH   SOLE   795,116 0 0
MEDASSETS INC Common 584045108 66,902 3,032,741 SH   SOLE   3,032,741 0 0
MYLAN NV Common 010235618 28,841 425,000 SH   SOLE   425,000 0 0
REYNOLDS AMERICAN INC Common 761713106 19,411 259,993 SH   SOLE   259,993 0 0
SPRINT CORP Common 85207U105 48,765 10,694,175 SH   SOLE   10,694,175 0 0
THERAVANCE INC Common 88338T104 48,259 2,670,695 SH   SOLE   2,670,695 0 0
TIME WARNER INC Common 887317303 76,484 875,000 SH   SOLE   875,000 0 0
TIMKENSTEEL CORP Common 887399103 21,033 779,300 SH   SOLE   779,300 0 0
TRONOX LTD-CL A Common Q9235V101 44,647 3,051,773 SH   SOLE   3,051,773 0 0
VITAMIN SHOPPE INC Common 92849E101 29,138 781,810 SH   SOLE   781,810 0 0
DYNEGY INC-CW17 Warrant 26817R116 18,895 4,664,219 SH   SOLE   4,664,219 0 0
GENERAL MOTORS-CW16 Warrant 37045V118 152 6,414 SH   SOLE   6,414 0 0
GENERAL MOTORS-CW19 Warrant 37045V126 102 6,414 SH   SOLE   6,414 0 0
SPDR GOLD TRUST Common 78463V107 18,704 166,450 SH   SOLE   166,450 0 0