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
AMERICAN RLTY CAP PPTYS INC COM 02917T104 18,858 2,083,802 SH   SOLE   2,083,802 0 0
ASSURED GUARANTY LTD COM G0585R106 21,415 823,958 SH   SOLE   823,958 0 0
BLOCK H & R INC COM 093671105 6,725 199,674 SH   SOLE   199,674 0 0
CHICOS FAS INC COM 168615102 11,731 723,684 SH   SOLE   723,684 0 0
DR REDDYS LABS LTD ADR 256135203 2,523 50,000 SH   SOLE   50,000 0 0
E TRADE FINANCIAL CORP COM NEW 269246401 2,510 103,506 SH   SOLE   103,506 0 0
EMPLOYERS HOLDINGS INC COM 292218104 17,535 745,846 SH   SOLE   745,846 0 0
EXTERRAN HLDGS INC COM 30225X103 10,023 307,634 SH   SOLE   307,634 0 0
IAC INTERACTIVECORP COM PAR $.001 44919P508 3,031 49,861 SH   SOLE   49,861 0 0
ICICI BK LTD ADR 45104G104 5,198 450,000 SH   SOLE   450,000 0 0
INTUITIVE SURGICAL INC COM NEW 46120E602 6,758 12,776 SH   SOLE   12,776 0 0
ISHARES TR MSCI EMG MKT ETF 464287234 1,965 50,000 SH   SOLE   50,000 0 0
ISHARES TR RUSSELL 2000 ETF 464287655 507 6,540 SH Put SOLE   6,540 0 0
ISHARES TR RUSSELL 2000 ETF 464287655 5,981 50,000 SH   SOLE   50,000 0 0
KAR AUCTION SVCS INC COM 48238T109 16,006 461,922 SH   SOLE   461,922 0 0
LIFE TIME FITNESS INC COM 53217R207 3,618 63,899 SH   SOLE   63,899 0 0
MAXWELL TECHNOLOGIES INC COM 577767106 12,012 1,317,128 SH   SOLE   1,317,128 0 0
MEAD JOHNSON NUTRITION CO COM 582839106 5,530 55,000 SH   SOLE   55,000 0 0
NASDAQ OMX GROUP INC COM 631103108 468 9,767 SH   SOLE   9,767 0 0
PEPSICO INC COM 713448108 1,135 12,000 SH   SOLE   12,000 0 0
POWERSHARES QQQ TRUST UNIT SER 1 73935A104 6,437 62,347 SH   SOLE   62,347 0 0
POWERSHARES QQQ TRUST UNIT SER 1 73935A104 473 3,856 SH Put SOLE   3,856 0 0
PROGRESSIVE WASTE SOLUTIONS COM 74339G101 804 26,723 SH   SOLE   26,723 0 0
SOLAZYME INC COM 83415T101 5,035 1,951,538 SH   SOLE   1,951,538 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 23,107 112,422 SH   SOLE   112,422 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 1,011 6,151 SH Put SOLE   6,151 0 0
TD AMERITRADE HLDG CORP COM 87236Y108 1,842 51,476 SH   SOLE   51,476 0 0
UNITED STATES STL CORP NEW COM 912909108 283 850 SH Put SOLE   850 0 0
VIVUS INC COM 928551100 10,058 3,492,457 SH   SOLE   3,492,457 0 0
WISDOMTREE TR JAPN HEDGE EQT 97717W851 5,908 120,000 SH   SOLE   120,000 0 0