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
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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
ABBVIE INC COM 00287Y109 4,027 61,800 SH   SOLE   61,800 0 0
ACTUANT CORP CL A 00508X203 1,763 66,900 SH   SOLE   66,900 0 0
ADVANCED MICRO DEVICES INC Note 007903BD8 70,606 35,750,000 SH   SOLE   35,750,000 0 0
AEGEAN MARINE PETE NETWORK I Note Y0020QAA9 8,331 7,500,000 SH   SOLE   7,500,000 0 0
AK STL CORP Note 001546AP5 93,129 58,757,000 SH   SOLE   58,757,000 0 0
ANADARKO PETE CORP COM 032511107 4,018 64,800 SH   SOLE   64,800 0 0
ANALOGIC CORP COM PAR $0.05 032657207 2,201 29,000 SH   SOLE   29,000 0 0
BLACKSTONE MTG TR INC Note 09257WAA8 12,042 10,460,000 SH   SOLE   10,460,000 0 0
BRINKS CO COM 109696104 2,844 53,200 SH   SOLE   53,200 0 0
CATERPILLAR INC DEL COM 149123101 4,081 44,000 SH   SOLE   44,000 0 0
CDK GLOBAL INC COM 12508E101 2,535 39,000 SH   SOLE   39,000 0 0
CME GROUP INC COM 12572Q105 3,564 30,000 SH   SOLE   30,000 0 0
CNA FINL CORP COM 126117100 2,138 48,400 SH   SOLE   48,400 0 0
COCA COLA CO COM 191216100 4,074 96,000 SH   SOLE   96,000 0 0
CTRIP COM INTL LTD Note 22943FAD2 19,689 15,000,000 SH   SOLE   15,000,000 0 0
CTRIP COM INTL LTD Note 22943FAF7 16,633 15,000,000 SH   SOLE   15,000,000 0 0
DANA INCORPORATED COM 235825205 2,595 134,400 SH   SOLE   134,400 0 0
EXXON MOBIL CORP COM 30231G102 4,051 49,400 SH   SOLE   49,400 0 0
F5 NETWORKS INC COM 315616102 1,982 13,900 SH   SOLE   13,900 0 0
FLOWSERVE CORP COM 34354P105 2,082 43,000 SH   SOLE   43,000 0 0
FRANCESCAS HLDGS CORP COM 351793104 1,082 70,500 SH   SOLE   70,500 0 0
GUESS INC COM 401617105 2,004 179,700 SH   SOLE   179,700 0 0
HALLIBURTON CO COM 406216101 1,452 29,500 SH   SOLE   29,500 0 0
ISHARES MSCI GERMANY ETF 464286806 28,750 1,000,000 SH Put SOLE   1,000,000 0 0
ISHARES INC MSCI JPN ETF 46434G822 2,575 50,000 SH   SOLE   50,000 0 0
ISHARES INC MSCI JPN ETF 46434G822 10,300 200,000 SH Call SOLE   200,000 0 0
ISHARES TR MSCI EMG MKT ETF 464287234 11,423 290,000 SH   SOLE   290,000 0 0
ISHARES TR MSCI INDIA ETF 46429B598 15,903 505,100 SH   SOLE   505,100 0 0
ISHARES TR RUSSELL 2000 ETF 464287655 19,247 140,000 SH   SOLE   140,000 0 0
ISHARES TR RUSSELL 2000 ETF 464287655 206,220 1,500,000 SH Put SOLE   1,500,000 0 0
JOHNSON & JOHNSON COM 478160104 3,961 31,800 SH   SOLE   31,800 0 0
KEANE GROUP INC COM 48669A108 229 16,000 SH   SOLE   16,000 0 0
LEE ENTERPRISES INC COM 523768109 393 151,128 SH   SOLE   151,128 0 0
MARVELL TECHNOLOGY GROUP LTD ORD G5876H105 2,568 168,300 SH   SOLE   168,300 0 0
MASTERCARD INCORPORATED CL A 57636Q104 4,049 36,000 SH   SOLE   36,000 0 0
METLIFE INC COM 59156R108 4,131 78,200 SH   SOLE   78,200 0 0
MONSANTO CO NEW COM 61166W101 4,030 35,600 SH   SOLE   35,600 0 0
MORGAN STANLEY COM 617446448 4,087 95,400 SH   SOLE   95,400 0 0
NORTH ATLANTIC DRILLING LTD COM G6613P129 229 135,500 SH Put SOLE   135,500 0 0
OCCIDENTAL PETE CORP DEL COM 674599105 4,093 64,600 SH   SOLE   64,600 0 0
PATTERSON UTI ENERGY INC COM 703481101 1,165 48,000 SH   SOLE   48,000 0 0
PINNACLE FOODS INC DEL COM 72348P104 2,564 44,300 SH   SOLE   44,300 0 0
PRECISION DRILLING CORP COM 2010 74022D308 94 20,000 SH   SOLE   20,000 0 0
RALPH LAUREN CORP CL A 751212101 1,796 22,000 SH   SOLE   22,000 0 0
REDWOOD TR INC Note 758075AB1 34,150 33,849,000 SH   SOLE   33,849,000 0 0
REVLON INC CL A 761525609 680 24,425 SH   SOLE   24,425 0 0
ROWAN COMPANIES PLC SHS CL A G7665A101 206 13,200 SH   SOLE   13,200 0 0
RTW HLDGS INC Note 749772AB5 11,848 11,500,000 SH   SOLE   11,500,000 0 0
SEADRILL LIMITED SHS G7945E105 5,416 3,282,400 SH Put SOLE   3,282,400 0 0
SELECT SECTOR SPDR TR SBI CONS STPLS 81369Y308 9,633 176,500 SH   SOLE   176,500 0 0
SELECT SECTOR SPDR TR SBI HEALTHCARE 81369Y209 4,172 56,100 SH   SOLE   56,100 0 0
SELECT SECTOR SPDR TR SBI INT-ENERGY 81369Y506 21,844 312,500 SH   SOLE   312,500 0 0
SELECT SECTOR SPDR TR SBI INT-FINL 81369Y605 15,209 640,900 SH   SOLE   640,900 0 0
SELECT SECTOR SPDR TR SBI INT-FINL 81369Y605 23,730 1,000,000 SH Call SOLE   1,000,000 0 0
SELECT SECTOR SPDR TR SBI INT-INDS 81369Y704 19,446 298,900 SH   SOLE   298,900 0 0
SELECT SECTOR SPDR TR SBI INT-UTILS 81369Y886 3,351 65,300 SH   SOLE   65,300 0 0
SELECT SECTOR SPDR TR SBI MATERIALS 81369Y100 5,388 102,800 SH   SOLE   102,800 0 0
SELECT SECTOR SPDR TR TECHNOLOGY 81369Y803 4,121 77,300 SH   SOLE   77,300 0 0
SHIP FINANCE INTERNATIONAL L Note G81075AE6 36,393 33,568,000 SH   SOLE   33,568,000 0 0
SILVER SPRING NETWORKS INC COM 82817Q103 1,089 96,419 SH   SOLE   96,419 0 0
SILVER STD RES INC Note 82823LAC0 43,161 43,911,000 SH   SOLE   43,911,000 0 0
SOLARCITY CORP Note 83416TAA8 14,927 15,381,000 SH   SOLE   15,381,000 0 0
SPDR GOLD TRUST GOLD SHS 78463V107 1,246,560 10,500,000 SH Call SOLE   10,500,000 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 29,821 126,500 SH   SOLE   126,500 0 0
SPDR SERIES TRUST S&P HOMEBUILD 78464A888 931 25,000 SH   SOLE   25,000 0 0
SPDR SERIES TRUST S&P METALS MNG 78464A755 4,563 150,000 SH   SOLE   150,000 0 0
SPDR SERIES TRUST S&P OILGAS EXP 78464A730 13,853 370,000 SH   SOLE   370,000 0 0
SPDR SERIES TRUST S&P REGL BKG 78464A698 1,311 24,000 SH   SOLE   24,000 0 0
STARBUCKS CORP COM 855244109 4,134 70,800 SH   SOLE   70,800 0 0
STARWOOD PPTY TR INC Note 85571BAA3 80,537 73,699,000 SH   SOLE   73,699,000 0 0
SUNPOWER CORP COM 867652406 1,861 305,000 SH Put SOLE   305,000 0 0
SUNPOWER CORP DBCV 0.750% 6/0 867652AG4 5,100 5,500,000 SH   SOLE   5,500,000 0 0
SUNPOWER CORP DBCV 0.875% 6/0 867652AJ8 1,522 2,000,000 SH   SOLE   2,000,000 0 0
SUNPOWER CORP DBCV 4.000% 1/1 867652AL3 10,193 13,000,000 SH   SOLE   13,000,000 0 0
SUPERVALU INC COM 868536103 1,202 311,300 SH   SOLE   311,300 0 0
TABLEAU SOFTWARE INC CL A 87336U105 2,542 51,300 SH   SOLE   51,300 0 0
TERRAFORM PWR INC CL A COM 88104R100 1,299 105,000 SH   SOLE   105,000 0 0
TESLA INC COM 88160R101 33,340 119,800 SH Put SOLE   119,800 0 0
TESLA INC Note 88160RAB7 61,244 61,250,000 SH   SOLE   61,250,000 0 0
TESLA INC Note 88160RAD3 63,544 61,000,000 SH   SOLE   61,000,000 0 0
TEXAS INSTRS INC COM 882508104 4,101 50,900 SH   SOLE   50,900 0 0
TIME WARNER INC COM 887317303 4,065 41,600 SH   SOLE   41,600 0 0
TRIUMPH GROUP INC NEW COM 896818101 2,122 82,411 SH   SOLE   82,411 0 0
TWENTY FIRST CENTY FOX INC CL A 90130A101 4,165 128,600 SH   SOLE   128,600 0 0
TWO HBRS INVT CORP Note 90187BAA9 20,492 20,000,000 SH   SOLE   20,000,000 0 0
U S SILICA HLDGS INC COM 90346E103 384 8,000 SH   SOLE   8,000 0 0
UNION PAC CORP COM 907818108 4,131 39,000 SH   SOLE   39,000 0 0
UNITEDHEALTH GROUP INC COM 91324P102 3,936 24,000 SH   SOLE   24,000 0 0
UNIVAR INC COM 91336L107 2,023 65,998 SH   SOLE   65,998 0 0
VANECK VECTORS ETF TR GOLD MINERS ETF 92189F106 2,281 100,000 SH   SOLE   100,000 0 0
VIPSHOP HLDGS LTD Note 92763WAA1 15,158 15,000,000 SH   SOLE   15,000,000 0 0
VISA INC COM CL A 92826C839 4,026 45,300 SH   SOLE   45,300 0 0
VISTEON CORP COM 92839U206 3,046 31,100 SH   SOLE   31,100 0 0
WEATHERFORD INTL LTD Note 947075AH0 45,673 35,500,000 SH   SOLE   35,500,000 0 0
WINNEBAGO INDS INC COM 974637100 1,653 56,500 SH   SOLE   56,500 0 0
WISDOMTREE TR INDIA ERNGS FD 97717W422 15,986 662,475 SH   SOLE   662,475 0 0