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 FIGI (to the nearest dollar) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
ACTIVISION BLIZZARD INC COM 00507V109   15,270 750,000 SH   SOLE   750,000 0 0
AEGEAN MARINE PETRO NETWORK INC 4 11/1/18 BOND EJ8900817   5,512 5,500,000 SH   SOLE   5,500,000 0 0
AMERICAN RLTY CAP PPTYS INC COM 02917T104   15,180 1,092,900 SH   SOLE   1,092,900 0 0
ANADARKO PETE CORP COM 032511107   65,365 765,400 SH   SOLE   765,400 0 0
BEAZER HOMES USA INC COM NEW 07556Q881   25,192 1,254,245 SH   SOLE   1,254,245 0 0
BON-TON STORES INC COM 09776J101   18,253 1,594,864 SH   SOLE   1,594,864 0 0
CALPINE CORP COM NEW 131347304   9,975 475,000 SH   SOLE   475,000 0 0
CF INDS HLDGS INC COM 125269100   101,847 400,000 SH   SOLE   400,000 0 0
CF INDS HLDGS INC COM 125269100   245 200,000 SH Call SOLE   200,000 0 0
CLIFFS NAT RES INC COM 18683K101   1,263 500,000 SH Put SOLE   500,000 0 0
COMCAST CORP NEW CL A 20030N101   14,993 300,000 SH   SOLE   300,000 0 0
CONAGRA FOODS INC COM 205887102   7,699 250,000 SH   SOLE   250,000 0 0
CONAGRA FOODS INC COM 205887102   150 500,000 SH Call SOLE   500,000 0 0
D R HORTON INC COM 23331A109   4,878 224,500 SH   SOLE   224,500 0 0
DARLING INTL INC COM 237266101   31,392 1,600,000 SH   SOLE   1,600,000 0 0
DRYSHIPS INC. NOTE 5.000%12/0 262498AB4   22,663 22,885,000 SH   SOLE   22,885,000 0 0
E M C CORP MASS COM 268648102   47,938 1,739,412 SH   SOLE   1,739,412 0 0
GENERAL MTRS CO *W EXP 07/10/201 37045V118   1,901 76,910 SH   SOLE   76,910 0 0
GENERAL MTRS CO *W EXP 07/10/201 37045V126   1,334 76,910 SH   SOLE   76,910 0 0
GENERAL MTRS CO COM 37045V100   21,638 632,030 SH   SOLE   632,030 0 0
HERTZ GLOBAL HOLDINGS INC COM 42805T105   18,979 720,000 SH   SOLE   720,000 0 0
HESS CORP COM 42809H107   25,770 310,253 SH   SOLE   310,253 0 0
HOLOGIC INC COM 436440101   5,268 250,000 SH   SOLE   250,000 0 0
ISHARES MSCI BRZ CAP ETF 464286400   4,969 110,000 SH   SOLE   110,000 0 0
ISHARES MSCI EMG MKT ETF 464287234   15,244 370,000 SH   SOLE   370,000 0 0
KINDER MORGAN INC DEL *W EXP 05/25/201 49456B119   2,376 1,350,000 SH   SOLE   1,350,000 0 0
LIBERTY MEDIA CORP DEB 3.750% 2/1 530715AL5   24,522 36,750,898 SH   SOLE   36,750,898 0 0
LIBERTY MEDIA CORP DEB 4.000%11/1 530715AG6   8,420 12,148,834 SH   SOLE   12,148,834 0 0
LIFE TIME FITNESS INC COM 53217R207   34,583 720,000 SH   SOLE   720,000 0 0
MERITAGE HOMES CORP COM 59001A102   6,566 158,000 SH   SOLE   158,000 0 0
MICRON TECHNOLOGY INC COM 595112103   24,444 1,050,000 SH   SOLE   1,050,000 0 0
MICRON TECHNOLOGY INC COM 595112103   225 600,000 SH Call SOLE   600,000 0 0
MONDELEZ INTL INC CL A 609207105   5,207 150,000 SH   SOLE   150,000 0 0
MONDELEZ INTL INC CL A 609207105   548 696,900 SH Call SOLE   696,900 0 0
NEWS CORP NEW CL A 65249B109   13,585 797,700 SH   SOLE   797,700 0 0
NMI HLDGS INC CL A 629209305   23,906 2,038,000 SH   SOLE   2,038,000 0 0
NOKIA CORP SPONSORED ADR 654902204   7,054 950,000 SH   SOLE   950,000 0 0
PINNACLE ENTMT INC COM 723456109   45,057 1,882,863 SH   SOLE   1,882,863 0 0
PULTE GROUP INC COM 745867101   7,292 381,400 SH   SOLE   381,400 0 0
RYMAN HOSPITALITY PPTYS INC COM 78377T107   10,705 250,000 SH   SOLE   250,000 0 0
STAPLES INC COM 855030102   11,230 1,000,000 SH   SOLE   1,000,000 0 0
SUNEDISON INC COM 86732Y109   20,779 1,100,000 SH   SOLE   1,100,000 0 0
TERADATA CORP DEL COM 88076W103   13,805 285,000 SH   SOLE   285,000 0 0
TIME WARNER CABLE INC COM 88732J207   37,297 272,000 SH   SOLE   272,000 0 0
TRONOX LTD SHS CL A Q9235V101   3,814 134,600 SH   SOLE   134,600 0 0
UNITED STATES CELLULAR CORP COM 911684108   3,056 75,000 SH   SOLE   75,000 0 0
VERIZON COMMUNICATIONS INC COM 92343V104   2,510 52,600 SH   SOLE   52,600 0 0
VODAFONE GROUP PLC NEW SPNSR ADR NO PAR 92857W308   4,005 109,090 SH   SOLE   109,090 0 0