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
ACCURIDE CORP NEW COM NEW 00439T206 2,903 593,696 SH   SOLE 593,696 0 0
ALLISON TRANSMISSION HLDGS I COM 01973R101 11,207 360,360 SH   SOLE 360,360 0 0
ALLSCRIPTS HEALTHCARE SOLUTN COM 01988P108 15,058 938,221 SH   SOLE 938,221 0 0
ALON USA ENERGY INC COM 020520102 2,667 214,426 SH   SOLE 214,426 0 0
AMERICAN RLTY CAP PPTYS INC COM 02917T104 17,117 1,366,083 SH   SOLE 1,366,083 0 0
AMIRA NATURE FOODS LTD SHS G0335L102 880 64,277 SH   SOLE 64,277 0 0
ARDMORE SHIPPING CORP COM Y0207T100 3,010 217,608 SH   SOLE 217,608 0 0
CALUMET SPECIALTY PRODS PTNR UT LTD PARTNER 131476103 973 30,583 SH   SOLE 30,583 0 0
CHEMTURA CORP COM NEW 163893209 2,639 101,000 SH   SOLE 101,000 0 0
CHICOS FAS INC COM 168615102 31,069 1,831,923 SH   SOLE 1,831,923 0 0
COMMUNITY HEALTH SYS INC NEW COM 203668108 14,183 312,600 SH   SOLE 312,600 0 0
DELEK US HLDGS INC COM 246647101 2,795 99,000 SH   SOLE 99,000 0 0
DR REDDYS LABS LTD ADR 256135203 2,158 50,000 SH   SOLE 50,000 0 0
EAGLE MATERIALS INC COM 26969P108 26,325 279,224 SH   SOLE 279,224 0 0
EMPLOYERS HOLDINGS INC COM 292218104 4,694 221,616 SH   SOLE 221,616 0 0
HCA HOLDINGS INC COM 40412C101 20,682 366,827 SH   SOLE 366,827 0 0
HERTZ GLOBAL HOLDINGS INC COM 42805T105 11,331 404,248 SH   SOLE 404,248 0 0
HOUSTON AMERN ENERGY CORP COM 44183U100 221 480,859 SH   SOLE 480,859 0 0
ICICI BK LTD ADR 45104G104 2,994 60,000 SH   SOLE 60,000 0 0
INTUITIVE SURGICAL INC COM NEW 46120E602 15,479 37,589 SH   SOLE 37,589 0 0
INVESTORS REAL ESTATE TR SH BEN INT 461730103 5,013 544,336 SH   SOLE 544,336 0 0
ISHARES RUSSELL 2000 ETF 464287655 702 1,973,400 SH Put SOLE 1,973,400 0 0
LIFEPOINT HOSPITALS INC COM 53219L109 15,086 242,937 SH   SOLE 242,937 0 0
MARATHON PETE CORP COM 56585A102 21,574 276,341 SH   SOLE 276,341 0 0
MAXWELL TECHNOLOGIES INC COM 577767106 20,798 1,374,651 SH   SOLE 1,374,651 0 0
MBIA INC COM 55262C100 7,706 698,028 SH   SOLE 698,028 0 0
MEAD JOHNSON NUTRITION CO COM 582839106 5,124 55,000 SH   SOLE 55,000 0 0
MERITOR INC COM 59001K100 3,136 240,458 SH   SOLE 240,458 0 0
PBF ENERGY INC CL A 69318G106 10,039 376,705 SH   SOLE 376,705 0 0
PHILLIPS 66 COM 718546104 12,178 151,405 SH   SOLE 151,405 0 0
POWERSHARES QQQ TRUST UNIT SER 1 73935A104 75 170,000 SH Put SOLE 170,000 0 0
PROGRESSIVE WASTE SOLUTIONS COM 74339G101 16,408 639,204 SH   SOLE 639,204 0 0
RIO TINTO PLC SPONSORED ADR 767204100 72 124,600 SH Put SOLE 124,600 0 0
SOLAZYME INC COM 83415T101 6,214 527,475 SH   SOLE 527,475 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 257 469,800 SH Put SOLE 469,800 0 0
TENET HEALTHCARE CORP COM NEW 88033G407 14,387 306,505 SH   SOLE 306,505 0 0
TESORO CORP COM 881609101 16,822 286,718 SH   SOLE 286,718 0 0
UNIT CORP COM 909218109 20,788 302,015 SH   SOLE 302,015 0 0
VALERO ENERGY CORP NEW COM 91913Y100 19,927 397,748 SH   SOLE 397,748 0 0
VIVUS INC COM 928551100 26,199 4,924,550 SH   SOLE 4,924,550 0 0
WABASH NATL CORP COM 929566107 8,478 594,982 SH   SOLE 594,982 0 0