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
ACTIVISION BLIZZARD INC COM 00507V109 438 19,290 SH   SOLE   19,290 0 0
AGILENT TECHNOLOGIES INC COM 00846U101 516 12,420 SH   SOLE   12,420 0 0
ALIBABA GROUP HLDG LTD SPONSORED ADS 01609W102 1,633 19,620 SH   SOLE   19,620 0 0
ALIBABA GROUP HLDG LTD SPONSORED ADS 01609W102 1,665 20,000 SH Call SOLE   20,000 0 0
ALTERA CORP COM 021441100 429 10,000 SH   SOLE   10,000 0 0
ANADARKO PETE CORP COM 032511107 1,656 20,000 SH Call SOLE   20,000 0 0
APPLE INC COM 037833100 1,363 10,950 SH   SOLE   10,950 0 0
APPLIED MATLS INC COM 038222105 1,348 59,756 SH   SOLE   59,756 0 0
APPLIED MATLS INC COM 038222105 677 30,000 SH Call SOLE   30,000 0 0
BAKER HUGHES INC COM 057224107 4,980 78,320 SH   SOLE   78,320 0 0
BROOKDALE SR LIVING INC COM 112463104 1,305 34,560 SH   SOLE   34,560 0 0
CATAMARAN CORP COM 148887102 1,390 23,340 SH   SOLE   23,340 0 0
COCA COLA CO COM 191216100 903 22,260 SH   SOLE   22,260 0 0
DIRECTV COM 25490A309 7,376 86,680 SH   SOLE   86,680 0 0
DOUGLAS EMMETT INC COM 25960P109 686 23,000 SH   SOLE   23,000 0 0
DRESSER-RAND GROUP INC COM 261608103 1,406 17,500 SH   SOLE   17,500 0 0
EP ENERGY CORP CL A 268785102 4,192 400,000 SH   SOLE   400,000 0 0
EXELIS INC COM 30162A108 1,092 44,800 SH   SOLE   44,800 0 0
FAMILY DLR STORES INC COM 307000109 4,456 56,235 SH   SOLE   56,235 0 0
FREESCALE SEMICONDUCTOR LTD SHS G3727Q101 954 23,400 SH   SOLE   23,400 0 0
GENERAL MTRS CO COM 37045V100 1,214 32,380 SH   SOLE   32,380 0 0
GILEAD SCIENCES INC COM 375558103 981 10,000 SH Call SOLE   10,000 0 0
HCA HOLDINGS INC COM 40412C101 752 10,000 SH   SOLE   10,000 0 0
HOSPIRA INC COM 441060100 2,812 32,010 SH   SOLE   32,010 0 0
INTEGRYS ENERGY GROUP INC COM 45822P105 851 11,814 SH   SOLE   11,814 0 0
ISHARES TR TIPS BD ETF 464287176 7,566 66,608 SH   SOLE   66,608 0 0
LIBERTY GLOBAL PLC SHS CL C G5480U120 874 17,550 SH   SOLE   17,550 0 0
LORILLARD INC COM 544147101 2,399 36,710 SH   SOLE   36,710 0 0
MCDONALDS CORP COM 580135101 1,181 12,120 SH   SOLE   12,120 0 0
MEADWESTVACO CORP COM 583334107 875 17,555 SH   SOLE   17,555 0 0
NORWEGIAN CRUISE LINE HLDGS SHS G66721104 835 15,460 SH   SOLE   15,460 0 0
NXP SEMICONDUCTORS N V COM N6596X109 1,295 12,903 SH   SOLE   12,903 0 0
NXP SEMICONDUCTORS N V COM N6596X109 1,004 10,000 SH Call SOLE   10,000 0 0
OFFICE DEPOT INC COM 676220106 622 67,560 SH   SOLE   67,560 0 0
PEPCO HOLDINGS INC COM 713291102 2,523 94,028 SH   SOLE   94,028 0 0
PFIZER INC COM 717081103 1,044 30,000 SH   SOLE   30,000 0 0
RITE AID CORP COM 767754104 589 67,780 SH   SOLE   67,780 0 0
RIVERBED TECHNOLOGY INC COM 768573107 907 43,370 SH   SOLE   43,370 0 0
RTI INTL METALS INC COM 74973W107 1,608 44,775 SH   SOLE   44,775 0 0
SELECT SECTOR SPDR TR SBI INT-ENERGY 81369Y506 400 166,259 SH   SOLE   166,259 0 0
SIGMA ALDRICH CORP COM 826552101 1,523 11,015 SH   SOLE   11,015 0 0
SPDR INDEX SHS FDS DJ INTL RL ETF 78463X863 7,791 179,849 SH   SOLE   179,849 0 0
SUSQUEHANNA BANCSHARES INC P COM 869099101 2,742 200,000 SH   SOLE   200,000 0 0
TALISMAN ENERGY INC COM 87425E103 1,919 249,897 SH   SOLE   249,897 0 0
TIME WARNER CABLE INC COM 88732J207 2,788 18,600 SH   SOLE   18,600 0 0
TRW AUTOMOTIVE HLDGS CORP COM 87264S106 2,057 19,620 SH   SOLE   19,620 0 0
WELLS FARGO & CO NEW COM 949746101 1,127 20,720 SH   SOLE   20,720 0 0
WISDOMTREE TR EUROPE SMCP DV 97717W869 12,059 216,700 SH   SOLE   216,700 0 0
YAHOO INC COM 984332106 2,007 45,155 SH   SOLE   45,155 0 0
ZIMMER HLDGS INC COM 98956P102 1,364 11,603 SH   SOLE   11,603 0 0
ZOETIS INC CL A 98978V103 926 20,010 SH   SOLE   20,010 0 0