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
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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
COLLIERS INTL GROUP INC SUB VTG SHS 194693107 164,437 2,172,217 SH   SOLE NONE 2,172,217 0 0
AON PLC SHS CL A G0408V102 93,352 680,559 SH   SOLE NONE 680,559 0 0
CITIGROUP INC COM NEW 172967424 98,065 1,465,400 SH Call SOLE NONE 1,465,400 0 0
CHARTER COMMUNICATIONS INC N CL A 16119P108 172,309 587,645 SH   SOLE NONE 587,645 0 0
CREDIT ACCEP CORP MICH COM 225310101 150,411 425,612 SH   SOLE NONE 425,612 0 0
EXPRESS SCRIPTS HLDG CO COM 30219G108 8,308 107,600 SH Call SOLE NONE 107,600 0 0
EXPRESS SCRIPTS HLDG CO COM 30219G108 39,786 515,300 SH Call SOLE NONE 515,300 0 0
EXPRESS SCRIPTS HLDG CO COM 30219G108 9,265 120,000 SH Call SOLE NONE 120,000 0 0
EXPRESS SCRIPTS HLDG CO COM 30219G108 46,921 607,700 SH Call SOLE NONE 607,700 0 0
EXPRESS SCRIPTS HLDG CO COM 30219G108 2,316 30,000 SH Call SOLE NONE 30,000 0 0
EXPRESS SCRIPTS HLDG CO COM 30219G108 214,235 2,774,710 SH   SOLE NONE 2,774,710 0 0
HCA HEALTHCARE INC COM 40412C101 43,211 421,200 SH   SOLE NONE 421,200 0 0
INTERNATIONAL GAME TECHNOLOG SHS USD G4863A108 97,992 4,216,505 SH   SOLE NONE 4,216,505 0 0
ORACLE CORP COM 68389X105 87,259 1,980,469 SH   SOLE NONE 1,980,469 0 0
PRA GROUP INC COM 69354N106 91,083 2,362,714 SH   SOLE NONE 2,362,714 0 0
REALOGY HLDGS CORP COM 75605Y106 13,804 605,452 SH   SOLE NONE 605,452 0 0
SERITAGE GROWTH PPTYS CL A 81752R100 56,014 1,320,145 SH   SOLE NONE 1,320,145 0 0
WELLS FARGO CO NEW *W EXP 10/28/201 949746101 126,765 2,286,520 SH   SOLE NONE 2,286,520 0 0
WELLS FARGO CO NEW COM 949746101 18,295 330,000 SH Call SOLE NONE 330,000 0 0