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
3M CO COM 88579Y101 4,385 30,616 SH   SOLE   30,616 0 0
A H BELO CORP COM CL A 001282102 711 60,000 SH   SOLE   60,000 0 0
AMERICAN EAGLE OUTFITTERS NE COM 02553E106 1,302 116,000 SH   SOLE   116,000 0 0
ARBOR RLTY TR INC COM 038923108 2,534 364,545 SH   SOLE   364,545 0 0
AUTOMATIC DATA PROCESSING IN COM 053015103 15,427 194,586 SH   SOLE   194,586 0 0
AUTOZONE INC COM 053332102 17,803 33,200 SH   SOLE   33,200 0 0
BLACKHAWK NETWORK HLDGS INC CL A 09238E104 5,373 190,388 SH   SOLE   190,388 0 0
CHECK POINT SOFTWARE TECH LT ORD M22465104 10,859 162,000 SH   SOLE   162,000 0 0
CISCO SYS INC COM 17275R102 16,048 645,776 SH   SOLE   645,776 0 0
CLOROX CO DEL COM 189054109 4,096 44,819 SH   SOLE   44,819 0 0
COACH INC COM 189754104 6,556 191,750 SH   SOLE   191,750 0 0
COCA COLA CO COM 191216100 19,748 466,200 SH   SOLE   466,200 0 0
COLGATE PALMOLIVE CO COM 194162103 4,347 63,756 SH   SOLE   63,756 0 0
CRACKER BARREL OLD CTRY STOR COM 22410J106 4,168 41,859 SH   SOLE   41,859 0 0
DARDEN RESTAURANTS INC COM 237194105 5,321 115,000 SH   SOLE   115,000 0 0
DIRECTV COM 25490A309 6,801 80,000 SH   SOLE   80,000 0 0
EBAY INC COM 278642103 11,696 233,643 SH   SOLE   233,643 0 0
ELLINGTON FINANCIAL LLC COM 288522303 6,000 250,000 SH   SOLE   250,000 0 0
E M C CORP MASS COM 268648102 13,963 530,100 SH   SOLE   530,100 0 0
EXPRESS SCRIPTS HLDG CO COM 30219G108 14,065 202,865 SH   SOLE   202,865 0 0
EXXON MOBIL CORP COM 30231G102 3,882 38,557 SH   SOLE   38,557 0 0
GENERAL MLS INC COM 370334104 3,950 75,181 SH   SOLE   75,181 0 0
GOLDMAN SACHS GROUP INC COM 38141G104 12,987 77,564 SH   SOLE   77,564 0 0
INTEL CORP COM 458140100 4,896 158,461 SH   SOLE   158,461 0 0
INTUIT COM 461202103 11,089 137,704 SH   SOLE   137,704 0 0
JOHNSON & JOHNSON COM 478160104 15,143 144,742 SH   SOLE   144,742 0 0
KELLOGG CO COM 487836108 3,878 59,019 SH   SOLE   59,019 0 0
KINDER MORGAN INC DEL COM 49456B101 16,879 465,500 SH   SOLE   465,500 0 0
KINDER MORGAN INC DEL *W EXP 05/25/201 49456B119 1,043 375,000 SH   SOLE   375,000 0 0
MACK CALI RLTY CORP COM 554489104 8,953 416,822 SH   SOLE   416,822 0 0
MCDONALDS CORP COM 580135101 4,413 43,801 SH   SOLE   43,801 0 0
MSCI INC COM 55354G100 13,393 292,114 SH   SOLE   292,114 0 0
NETAPP INC COM 64110D104 10,174 278,600 SH   SOLE   278,600 0 0
NORFOLK SOUTHERN CORP COM 655844108 4,354 42,263 SH   SOLE   42,263 0 0
ORACLE CORP COM 68389X105 11,786 290,800 SH   SOLE   290,800 0 0
PAPA MURPHYS HLDGS INC COM 698814100 2,315 241,671 SH   SOLE   241,671 0 0
PEPSICO INC COM 713448108 4,436 49,649 SH   SOLE   49,649 0 0
PROCTER & GAMBLE CO COM 742718109 4,055 51,598 SH   SOLE   51,598 0 0
PROGRESSIVE CORP OHIO COM 743315103 8,686 342,502 SH   SOLE   342,502 0 0
SEARS HLDGS CORP COM 812350106 1,147 28,700 SH   SOLE   28,700 0 0
SHUTTERFLY INC NOTE 0.250% 5/1 82568PAB2 2,500 2,500,000 PRN   SOLE   2,500,000 0 0
SYMANTEC CORP COM 871503108 14,836 647,844 SH   SOLE   647,844 0 0
SYSCO CORP COM 871829107 14,286 381,452 SH   SOLE   381,452 0 0
TJX COS INC NEW COM 872540109 13,277 249,800 SH   SOLE   249,800 0 0
UNILEVER N V N Y SHS NEW 904784709 4,370 99,873 SH   SOLE   99,873 0 0
WAL-MART STORES INC COM 931142103 4,106 54,690 SH   SOLE   54,690 0 0
ZULILY INC CL A 989774104 2,651 64,747 SH   SOLE   64,747 0 0