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
ARRIS INTL INC SHS G0551A103 15 488 SH   OTR 1,2 0 488 0
BUILDERS FIRSTSOURCE INC COM 12008R107 102 9,291 SH   OTR 1,2 0 9,291 0
CARBO CERAMICS INC COM 140781105 8 770 SH   OTR 1,2 0 770 0
CARDCONNECT CORP COM 14141X108 81 6,389 SH   OTR 1,2 0 6,389 0
CIT GROUP INC COM NEW 125581801 77 1,808 SH   OTR 1,2 0 1,808 0
CITIGROUP INC COM NEW 172967424 98 1,656 SH   OTR 1,2 0 1,656 0
CLUBCORP HLDGS INC COM 18948M108 518 36,108 SH   OTR 1,2 0 36,108 0
CLUBCORP HLDGS INC COM 18948M108 112 7,800 SH Call OTR 1,2 0 7,800 0
COGNIZANT TECHNOLOGY SOLUTIO CL A 192446102 41 735 SH   OTR 1,2 0 735 0
DELTA AIR LINES INC DEL COM NEW 247361702 86 1,739 SH   OTR 1,2 0 1,739 0
DOW CHEM CO COM 260543103 55 966 SH   OTR 1,2 0 966 0
DYNEGY INC NEW DEL COM 26817R108 37 4,399 SH   OTR 1,2 0 4,399 0
FIAT CHRYSLER AUTOMOBILES N SHS N31738102 25 2,700 SH Call OTR 1,2 0 2,700 0
GRACE W R & CO DEL NEW COM 38388F108 204 3,023 SH   OTR 1,2 0 3,023 0
GRANITE REAL ESTATE INVT TR UNIT 99/99/9999 387437114 277 8,291 SH   OTR 1,2 0 8,291 0
GRANITE REAL ESTATE INVT TR UNIT 99/99/9999 387437114 110 3,300 SH Call OTR 1,2 0 3,300 0
HEADWATERS INC COM 42210P102 274 11,633 SH   OTR 1,2 0 11,633 0
HOSTESS BRANDS INC *W EXP 11/04/202 44109J114 27 15,176 SH   OTR 1,2 0 15,176 0
HOSTESS BRANDS INC CL A 44109J106 279 21,444 SH   OTR 1,2 0 21,444 0
HUBBELL INC COM 443510607 90 771 SH   OTR 1,2 0 771 0
ISHARES TR RUSSELL 2000 ETF 464287655 1,834 13,600 SH Put OTR 1,2 0 13,600 0
JASON INDS INC COM 471172106 14 7,646 SH   OTR 1,2 0 7,646 0
LEVEL 3 COMMUNICATIONS INC COM NEW 52729N308 311 5,514 SH   OTR 1,2 0 5,514 0
LIONS GATE ENTMNT CORP CL B NON VTG 535919500 31 1,264 SH   OTR 1,2 0 1,264 0
LIONS GATE ENTMNT CORP CL A VTG 535919401 34 1,264 SH   OTR 1,2 0 1,264 0
MARATHON PETE CORP COM 56585A102 44 867 SH   OTR 1,2 0 867 0
MDC PARTNERS INC CL A SUB VTG 552697104 92 14,113 SH   OTR 1,2 0 14,113 0
NOMAD HLDGS LTD USD ORD SHS G6564A105 150 15,639 SH   OTR 1,2 0 15,639 0
PENN WEST PETE LTD NEW COM 707887105 596 337,000 SH   OTR 1,2 0 337,000 0
ROCKWELL COLLINS INC COM 774341101 18 196 SH   OTR 1,2 0 196 0
SONY CORP ADR NEW 835699307 141 5,021 SH   OTR 1,2 0 5,021 0
VALVOLINE INC COM 92047W101 49 2,280 SH   OTR 1,2 0 2,280 0
WILLIAMS COS INC DEL COM 969457100 65 2,080 SH   OTR 1,2 0 2,080 0