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
AMAG Pharms Inc COM 00163U106 13,212 310,000 SH   SOLE   310,000 0 0
AbbVie Inc. COM 00287Y109 99,260 1,516,803 SH   SOLE   1,516,803 0 0
Aegerion Pharms Inc COM 00767E102 12,564 600,000 SH   SOLE   600,000 0 0
Alder Biopharms Inc COM 014339105 5,091 175,000 SH   SOLE   175,000 0 0
Alibaba Group Hldg Ltd SPON ADS 01609W102 125,780 1,210,121 SH   SOLE   1,210,121 0 0
Allergan Inc COM 018490102 98,812 464,800 SH   SOLE   464,800 0 0
Allison Trans Hldg Inc COM 01973R101 15,217 448,887 SH   SOLE   448,887 0 0
American Airlines Group Inc COM 02376R102 158,632 2,957,900 SH   SOLE   2,957,900 0 0
Amer Rlty Cap Pptys Inc COM 02917T104 117,368 12,968,802 SH   SOLE   12,968,802 0 0
Applied Matls Inc COM 038222105 1,204 48,300 SH   SOLE   48,300 0 0
ARIAD Pharms Inc COM 04033A100 37,098 5,400,000 SH   SOLE   5,400,000 0 0
Axiall Corp COM 05463D100 19,516 459,528 SH   SOLE   459,528 0 0
Bank of Amer Corp COM 060505104 40,095 2,241,200 SH   SOLE   2,241,200 0 0
Bellicum Pharms Inc COM 079481107 5,760 250,000 SH   SOLE   250,000 0 0
Best Buy Co Inc COM 086516101 33,133 850,000 SH   SOLE   850,000 0 0
BioMarin Pharm'l Inc COM 09061G101 24,860 275,000 SH   SOLE   275,000 0 0
Biogen Idec Inc COM 09062X103 42,431 125,000 SH   SOLE   125,000 0 0
Bluebird Bio Inc COM 09609G100 6,879 75,000 SH   SOLE   75,000 0 0
Brookdale Snr Living Inc COM 112463104 36,670 1,000,000 SH   SOLE   1,000,000 0 0
CF Industries Hldgs Inc COM 125269100 136,961 502,534 SH   SOLE   502,534 0 0
Cardiome Pharma Corp COM NO PAR 14159U301 2,313 250,000 SH   SOLE   250,000 0 0
Celgene Corp COM 151020104 16,779 150,000 SH   SOLE   150,000 0 0
Cheniere Energy, Inc COM 16411R208 195,417 2,775,807 SH   SOLE   2,775,807 0 0
Cheniere Energy Pts LP Hld LLC COM REP LLC IN 16411W108 2,159 95,823 SH   SOLE   95,823 0 0
Citizens Fin'l Group Inc COM 174610105 45,099 1,814,100 SH   SOLE   1,814,100 0 0
Comcast Corp CL A 20030N101 176,252 3,038,310 SH   SOLE   3,038,310 0 0
Con-Way Inc COM 205944101 42,538 864,950 SH   SOLE   864,950 0 0
Danaher Corp COM 235851102 20,270 236,500 SH   SOLE   236,500 0 0
Delta Airlines Inc COM 247361702 224,685 4,567,700 SH   SOLE   4,567,700 0 0
DISH Network Corp CL A 25470M109 12,697 174,200 SH   SOLE   174,200 0 0
Dollar General Corp COM 256677105 138,120 1,953,600 SH   SOLE   1,953,600 0 0
Dow Chemical Co COM 260543103 21,952 481,300 SH   SOLE   481,300 0 0
E*TRADE Fin'l Corp COM 269246401 1,659 68,400 SH   SOLE   68,400 0 0
Equinix Inc PUT 29444U952 4,875 21,500 SH Put SOLE   21,500 0 0
Fibrogen Inc COM 31572Q808 19,228 879,120 SH   SOLE   879,120 0 0
Fidelity Nat'l Fin'l Inc FNF GROUP COM 31620R303 135,647 3,937,500 SH   SOLE   3,937,500 0 0
GNC Hldgs Inc COM CL A 36191G107 77,136 1,642,600 SH   SOLE   1,642,600 0 0
General Dynamics Corp COM 369550108 95,422 693,375 SH   SOLE   693,375 0 0
Goodyear Tire & Rubr Co COM 382550101 2,654 92,900 SH   SOLE   92,900 0 0
HD Supply Hldgs, Inc COM 40416M105 1,365 46,300 SH   SOLE   46,300 0 0
Halyard Health Inc COM 40650V100 13,641 300,000 SH   SOLE   300,000 0 0
Hertz Global Hldgs Inc COM 42805T105 42,722 1,713,000 SH   SOLE   1,713,000 0 0
Hess Corp COM 42809H107 3,551 48,100 SH   SOLE   48,100 0 0
Hilton Worldwide Hldgs Inc COM 43300A104 14,477 554,900 SH   SOLE   554,900 0 0
Home Depot Inc COM 437076102 49,346 470,100 SH   SOLE   470,100 0 0
Illumina Inc COM 452327109 139,967 758,298 SH   SOLE   758,298 0 0
Impax Labs Inc COM 45256B101 9,504 300,000 SH   SOLE   300,000 0 0
Ishares Nasdaq Biotech NASDQ BIOTEC ETF 464287556 15,168 50,000 SH   SOLE   50,000 0 0
JP Morgan Chase & Co. COM 46625H100 8,135 130,000 SH   SOLE   130,000 0 0
Jarden Corp COM 471109108 1,379 28,800 SH   SOLE   28,800 0 0
Karyopharm Therapeutics Inc COM 48576U106 3,743 100,000 SH   SOLE   100,000 0 0
Keryx Biopharms Inc COM 492515101 7,075 500,000 SH   SOLE   500,000 0 0
Kite Pharma Inc COM 49803L109 11,101 192,500 SH   SOLE   192,500 0 0
L-3 Comms Hldgs Inc COM 502424104 69,010 546,788 SH   SOLE   546,788 0 0
Laboratory Corp of Amer Hldgs COM 50540R409 21,580 200,000 SH   SOLE   200,000 0 0
Lear Corp COM 521865204 30,444 310,400 SH   SOLE   310,400 0 0
Lennox Int'l Inc COM 526107107 1,683 17,700 SH   SOLE   17,700 0 0
Liberty Ventures LBT VENT COM A 53071M880 1,995 52,900 SH   SOLE   52,900 0 0
Liberty TripAdvisor Hldg COM SER A 531465102 19,234 715,000 SH   SOLE   715,000 0 0
Eli Lilly and Co COM 532457108 107,632 1,560,106 SH   SOLE   1,560,106 0 0
Lockheed Martin Corp COM 539830109 1,406 7,300 SH   SOLE   7,300 0 0
MacroGenics Inc COM 556099109 13,151 375,000 SH   SOLE   375,000 0 0
McDonald's Corp COM 580135101 32,795 350,000 SH   SOLE   350,000 0 0
Medicines Co COM 584688105 93,396 3,375,340 SH   SOLE   3,375,340 0 0
Microsoft Corp COM 594918104 107,429 2,312,788 SH   SOLE   2,312,788 0 0
Micron Tech, Inc COM 595112103 232,323 6,635,900 SH   SOLE   6,635,900 0 0
Mohawk Ind's Inc COM 608190104 60,342 388,400 SH   SOLE   388,400 0 0
NPS Pharms Inc COM 62936P103 37,802 1,056,800 SH   SOLE   1,056,800 0 0
Nektar Therapeutics COM 640268108 15,500 1,000,000 SH   SOLE   1,000,000 0 0
Neurocrine Biosciences Inc COM 64125C109 16,755 750,000 SH   SOLE   750,000 0 0
NewLink Genetics Corp COM 651511107 19,915 501,000 SH   SOLE   501,000 0 0
Northrup Grumman Corp COM 666807102 12,071 81,900 SH   SOLE   81,900 0 0
PPG Industries Inc COM 693506107 139,558 603,755 SH   SOLE   603,755 0 0
Pampa Energia SA SPONS ADR LVL I 697660207 10,337 1,031,655 SH   SOLE   1,031,655 0 0
Pharmacyclics Inc COM 716933106 9,066 74,150 SH   SOLE   74,150 0 0
Pioneer Nat Res Co COM 723787107 40,561 272,496 SH   SOLE   272,496 0 0
Plains Hldgs LP SHS A REP LTPN 72651A108 22,152 862,600 SH   SOLE   862,600 0 0
Realogy Hldgs Corp COM 75605Y106 113,325 2,547,200 SH   SOLE   2,547,200 0 0
Receptos, Inc COM 756207106 47,166 385,000 SH   SOLE   385,000 0 0
Retail S&P SPDR S&P RETAIL ETF 78464A714 10,081 105,000 SH   SOLE   105,000 0 0
Salix Pharms Ltd COM 795435106 40,229 350,000 SH   SOLE   350,000 0 0
Sarepta Therapeutics Inc COM 803607100 3,618 250,000 SH   SOLE   250,000 0 0
Sealed Air Corp COM 81211K100 59,810 1,409,610 SH   SOLE   1,409,610 0 0
Southwest Air Co COM 844741108 36,988 874,000 SH   SOLE   874,000 0 0
Stryker Corp COM 863667101 56,598 600,000 SH   SOLE   600,000 0 0
Swift Trans'n Co CL A 87074U101 1,016 35,500 SH   SOLE   35,500 0 0
Teva Pharm Ind's Ltd ADR 881624209 465,437 8,093,157 SH   SOLE   8,093,157 0 0
Tetraphase Pharms Inc COM 88165N105 31,768 800,000 SH   SOLE   800,000 0 0
Textron Inc COM 883203101 1,120 26,600 SH   SOLE   26,600 0 0
Time Warner Inc COM 887317303 67,525 790,500 SH   SOLE   790,500 0 0
Time Warner Cable Inc COM 88732J207 24,892 163,700 SH   SOLE   163,700 0 0
Transcanada Corp COM 89353D107 215,460 4,382,217 SH   SOLE   4,382,217 0 0
Tyson Foods Inc CL A 902494103 116,996 2,918,342 SH   SOLE   2,918,342 0 0
Tyson Foods Inc CALL 902494903 3,528 88,000 SH Call SOLE   88,000 0 0
Union Pacific Corp COM 907818108 43,149 362,200 SH   SOLE   362,200 0 0
United Cont'l Hldgs Inc COM 910047109 197,065 2,946,100 SH   SOLE   2,946,100 0 0
United Technologies Corp COM 913017109 203,159 1,766,600 SH   SOLE   1,766,600 0 0
Visteon Corp COM 92839U206 1,314 12,300 SH   SOLE   12,300 0 0
Wayfair Inc CL A 94419L101 7,940 400,000 SH   SOLE   400,000 0 0
Wells Fargo & Co COM 949746101 24,707 450,700 SH   SOLE   450,700 0 0
Wright Medical Grp Inc COM 98235T107 25,527 950,000 SH   SOLE   950,000 0 0
YPF S.A. SPON ADR CL D 984245100 60,954 2,302,774 SH   SOLE   2,302,774 0 0
Yahoo! Inc COM 984332106 99,045 1,960,900 SH   SOLE   1,960,900 0 0
Zeltiq Aesthetics Inc COM 98933Q108 42,945 1,538,700 SH   SOLE   1,538,700 0 0
Actavis Plc SHS G0083B108 1,570 6,100 SH   SOLE   6,100 0 0
Delphi Automotive Plc SHS G27823106 52,923 727,762 SH   SOLE   727,762 0 0
Endo Int'l Plc SHS G30401106 1,709 23,700 SH   SOLE   23,700 0 0
Ingersoll-Rand Co SHS G47791101 72,803 1,148,500 SH   SOLE   1,148,500 0 0
Jazz Pharms Plc SHS USD G50871105 13,098 80,000 SH   SOLE   80,000 0 0
Liberty Global Plc SHS CL A G5480U104 11,974 238,500 SH   SOLE   238,500 0 0
Prothena Corp Plc SHS G72800108 8,304 400,000 SH   SOLE   400,000 0 0
Affimed Therapeutics B.V. COM N01045108 771 124,339 SH   SOLE   124,339 0 0
ProQR Therapeutics BV SHS EURO N71542109 3,760 173,500 SH   SOLE   173,500 0 0