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
8X8 INC NEW COM 282914100 631 58,400 SH   SOLE 58,400 0 0
ABBVIE INC COM 00287Y109 314 6,100 SH   SOLE 6,100 0 0
ACCO BRANDS CORP COM 00081T108 251 40,800 SH   SOLE 40,800 0 0
ACTIVISION BLIZZARD INC COM 00507V109 204 10,000 SH   SOLE 10,000 0 0
ALEXANDER & BALDWIN INC NEW COM 014491104 430 10,100 SH   SOLE 10,100 0 0
ALEXANDERS INC COM 014752109 234 647 SH   SOLE 647 0 0
ALLEGION PUB LTD CO ORD SHS G0176J109 235 4,500 SH   SOLE 4,500 0 0
ALLIANCE DATA SYSTEMS CORP COM 018581108 218 800 SH   SOLE 800 0 0
AMC NETWORKS INC CL A 00164V103 219 3,000 SH   SOLE 3,000 0 0
AMERICAN CAPITAL AGENCY CORP COM 02503X105 202 9,400 SH   SOLE 9,400 0 0
ANNALY CAP MGMT INC COM 035710409 194 17,700 SH   SOLE 17,700 0 0
ASHFORD HOSPITALITY TR INC COM SHS 044103109 381 33,800 SH   SOLE 33,800 0 0
ATHERSYS INC COM 04744L106 79 24,300 SH   SOLE 24,300 0 0
ATLANTIC PWR CORP COM NEW 04878Q863 87 27,200 SH   SOLE 27,200 0 0
ATMI INC COM 00207R101 318 9,341 SH   SOLE 9,341 0 0
AUTONAVI HLDGS LTD SPONSORED ADR 05330F106 1,042 52,000 SH   SOLE 52,000 0 0
AXIALL CORP COM 05463D100 458 10,200 SH   SOLE 10,200 0 0
BALTIC TRADING LIMITED COM Y0553W103 82 13,000 SH   SOLE 13,000 0 0
BEAM INC COM 073730103 2,940 35,300 SH   SOLE 35,300 0 0
BHP BILLITON LTD SPONSORED ADR 088606108 224 3,310 SH   SOLE 3,310 0 0
CAPITALSOURCE INC COM 14055X102 2,189 150,000 SH   SOLE 150,000 0 0
CENTURY CASINOS INC COM 156492100 85 11,800 SH   SOLE 11,800 0 0
CHENIERE ENERGY INC COM NEW 16411R208 249 4,500 SH   SOLE 4,500 0 0
CHINDEX INTERNATIONAL INC COM 169467107 382 20,000 SH   SOLE 20,000 0 0
COMMUNITY HEALTH SYS INC NEW RIGHT 01/27/2016 203668116 17 285,994 SH   SOLE 285,994 0 0
COTT CORP QUE COM 22163N106 129 15,200 SH   SOLE 15,200 0 0
CST BRANDS INC COM 12646R105 219 7,000 SH   SOLE 7,000 0 0
DENDREON CORP COM 24823Q107 125 41,800 SH   SOLE 41,800 0 0
DHT HOLDINGS INC SHS NEW Y2065G121 83 10,700 SH   SOLE 10,700 0 0
DISCOVERY LABORATORIES INC N COM NEW 254668403 80 37,000 SH   SOLE 37,000 0 0
DISH NETWORK CORP CL A 25470M109 249 4,000 SH   SOLE 4,000 0 0
DOMINION RES INC VA NEW COM 25746U109 241 3,400 SH   SOLE 3,400 0 0
DOT HILL SYS CORP COM 25848T109 48 12,300 SH   SOLE 12,300 0 0
EMERITUS CORP COM 291005106 1,258 40,000 SH   SOLE 40,000 0 0
ENGILITY HLDGS INC COM 29285W104 248 5,500 SH   SOLE 5,500 0 0
ERA GROUP INC COM 26885G109 226 7,700 SH   SOLE 7,700 0 0
ESSEX PPTY TR INC COM 297178105 595 3,500 SH   SOLE 3,500 0 0
EXELIS INC COM 30162A108 190 10,000 SH   SOLE 10,000 0 0
FOREST LABS INC COM 345838106 1,015 11,000 SH   SOLE 11,000 0 0
FORTUNA SILVER MINES INC COM 349915108 72 17,600 SH   SOLE 17,600 0 0
FORTUNE BRANDS HOME & SEC IN COM 34964C106 252 6,000 SH   SOLE 6,000 0 0
FOSTER WHEELER AG COM H27178104 811 25,000 SH   SOLE 25,000 0 0
GAMING & LEISURE PPTYS INC COM 36467J108 405 11,100 SH   SOLE 11,100 0 0
GLIMCHER RLTY TR SH BEN INT 379302102 127 12,700 SH   SOLE 12,700 0 0
GOLAR LNG LTD BERMUDA SHS G9456A100 251 6,021 SH   SOLE 6,021 0 0
GOLDCORP INC NEW COM 380956409 216 8,000 SH   SOLE 8,000 0 0
GOLDEN STAR RES LTD CDA COM 38119T104 55 91,100 SH   SOLE 91,100 0 0
HANSEN MEDICAL INC COM 411307101 49 18,700 SH   SOLE 18,700 0 0
HARVEST NATURAL RESOURCES IN COM 41754V103 56 14,900 SH   SOLE 14,900 0 0
HCA HOLDINGS INC COM 40412C101 210 4,000 SH   SOLE 4,000 0 0
HERTZ GLOBAL HOLDINGS INC COM 42805T105 266 10,000 SH   SOLE 10,000 0 0
HILLSHIRE BRANDS CO COM 432589109 224 6,000 SH   SOLE 6,000 0 0
HOWARD HUGHES CORP COM 44267D107 471 3,300 SH   SOLE 3,300 0 0
HUDSON CITY BANCORP COM 443683107 1,671 170,000 SH   SOLE 170,000 0 0
HUNTINGTON INGALLS INDS INC COM 446413106 419 4,100 SH   SOLE 4,100 0 0
IGI LABS INC COM 449575109 94 16,700 SH   SOLE 16,700 0 0
ISHARES TRANS AVG ETF 464287192 244 1,800 SH   SOLE 1,800 0 0
ISHARES U.S. TELECOM ETF 464287713 378 12,600 SH   SOLE 12,600 0 0
ISHARES INTRM GOV/CR ETF 464288612 816 7,420 SH   SOLE 7,420 0 0
ISHARES TR FLTG RATE BD ETF 46429B655 1,935 38,158 SH   SOLE 38,158 0 0
ITT CORP NEW COM NEW 450911201 257 6,000 SH   SOLE 6,000 0 0
JONES GROUP INC COM 48020T101 898 60,000 SH   SOLE 60,000 0 0
KINDER MORGAN INC DEL COM 49456B101 247 7,600 SH   SOLE 7,600 0 0
KKR FINL HLDGS LLC COM 48248A306 1,388 120,000 SH   SOLE 120,000 0 0
KRAFT FOODS GROUP INC COM 50076Q106 224 4,000 SH   SOLE 4,000 0 0
LEE ENTERPRISES INC COM 523768109 77 17,200 SH   SOLE 17,200 0 0
LIBERTY GLOBAL PLC SHS CL C G5480U120 709 17,425 SH   SOLE 17,425 0 0
LIBERTY INTERACTIVE CORP INT COM SER A 53071M104 260 9,000 SH   SOLE 9,000 0 0
LIBERTY INTERACTIVE CORP LBT VENT COM A 53071M880 261 2,000 SH   SOLE 2,000 0 0
LILLY ELI & CO COM 532457108 227 3,850 SH   SOLE 3,850 0 0
LSI CORPORATION COM 502161102 664 60,000 SH   SOLE 60,000 0 0
LYON WILLIAM HOMES CL A NEW 552074700 469 17,000 SH   SOLE 17,000 0 0
MADISON SQUARE GARDEN CO CL A 55826P100 261 4,600 SH   SOLE 4,600 0 0
MARATHON PETE CORP COM 56585A102 261 3,000 SH   SOLE 3,000 0 0
MARRIOTT VACATIONS WRLDWDE C COM 57164Y107 224 4,000 SH   SOLE 4,000 0 0
MARTIN MARIETTA MATLS INC COM 573284106 231 1,800 SH   SOLE 1,800 0 0
MATSON INC COM 57686G105 237 9,600 SH   SOLE 9,600 0 0
MATTSON TECHNOLOGY INC COM 577223100 81 34,900 SH   SOLE 34,900 0 0
MEDIA GEN INC CL A 584404107 184 10,000 SH   SOLE 10,000 0 0
MICROCHIP TECHNOLOGY INC COM 595017104 245 5,129 SH   SOLE 5,129 0 0
MONDELEZ INTL INC CL A 609207105 207 6,000 SH   SOLE 6,000 0 0
MONTAGE TECHNOLOGY GROUP LTD SHS G6209T105 701 35,000 SH   SOLE 35,000 0 0
MOTOROLA SOLUTIONS INC COM NEW 620076307 257 4,000 SH   SOLE 4,000 0 0
NEURALSTEM INC COM 64127R302 93 22,100 SH   SOLE 22,100 0 0
NEW RESIDENTIAL INVT CORP COM 64828T102 483 74,600 SH   SOLE 74,600 0 0
NEWS CORP NEW CL B 65249B208 1,273 76,248 SH   SOLE 76,248 0 0
NTS INC NEV COM 62943B105 58 30,000 SH   SOLE 30,000 0 0
OCLARO INC COM NEW 67555N206 90 29,000 SH   SOLE 29,000 0 0
PAIN THERAPEUTICS INC COM 69562K100 77 14,000 SH   SOLE 14,000 0 0
PENN NATL GAMING INC COM 707569109 237 19,200 SH   SOLE 19,200 0 0
PENN VA CORP COM 707882106 380 21,700 SH   SOLE 21,700 0 0
PENTAIR LTD SHS H6169Q108 238 3,000 SH   SOLE 3,000 0 0
PETROLEO BRASILEIRO SA PETRO SPONSORED ADR 71654V408 1,249 95,000 SH   SOLE 95,000 0 0
PFIZER INC COM 717081103 222 6,910 SH   SOLE 6,910 0 0
PHILLIPS 66 COM 718546104 200 2,600 SH   SOLE 2,600 0 0
POST HLDGS INC COM 737446104 220 4,000 SH   SOLE 4,000 0 0
PPG INDS INC COM 693506107 251 1,300 SH   SOLE 1,300 0 0
PRIMERICA INC COM 74164M108 226 4,800 SH   SOLE 4,800 0 0
QEP RES INC COM 74733V100 430 14,600 SH   SOLE 14,600 0 0
QUICKLOGIC CORP COM 74837P108 92 17,600 SH   SOLE 17,600 0 0
RDA MICROELECTRONICS INC SPONSORED ADR 749394102 1,793 100,000 SH   SOLE 100,000 0 0
RF MICRODEVICES INC COM 749941100 91 11,600 SH   SOLE 11,600 0 0
RIO ALTO MNG LTD NEW COM 76689T104 48 22,300 SH   SOLE 22,300 0 0
SCIENCE APPLICATNS INTL CP N COM 808625107 249 6,664 SH   SOLE 6,664 0 0
SCIQUEST INC NEW COM 80908T101 237 8,763 SH   SOLE 8,763 0 0
SEAGATE TECHNOLOGY PLC SHS G7945M107 685 51,721 SH   SOLE 51,721 0 0
SELECT SECTOR SPDR TR SBI CONS DISCR 81369Y407 411 6,350 SH   SOLE 6,350 0 0
SELECT SECTOR SPDR TR SBI INT-ENERGY 81369Y506 223 2,500 SH   SOLE 2,500 0 0
SELECT SECTOR SPDR TR SBI INT-FINL 81369Y605 494 22,100 SH   SOLE 22,100 0 0
SELECT SECTOR SPDR TR SBI INT-INDS 81369Y704 570 10,900 SH   SOLE 10,900 0 0
SELECT SECTOR SPDR TR SBI INT-UTILS 81369Y886 1,485 35,832 SH   SOLE 35,832 0 0
SONY CORP ADR NEW 835699307 224 11,700 SH   SOLE 11,700 0 0
SOUTHERN COPPER CORP COM 84265V105 202 6,934 SH   SOLE 6,934 0 0
SPDR S&P MIDCAP 400 ETF TR UTSER1 S&PDCRP 78467Y107 8,569 34,199 SH   SOLE 34,199 0 0
SPROUTS FMRS MKT INC COM 85208M102 349 9,700 SH   SOLE 9,700 0 0
STARWOOD WAYPOINT RESIDENTL COM SHS 85571W109 230 8,000 SH   SOLE 8,000 0 0
STERLING FINL CORP WASH COM NEW 859319303 1,562 46,854 SH   SOLE 46,854 0 0
SUBURBAN PROPANE PARTNERS L UNIT LTD PARTN 864482104 266 6,400 SH   SOLE 6,400 0 0
SUNCOKE ENERGY INC COM 86722A103 274 12,000 SH   SOLE 12,000 0 0
SUNCOR ENERGY INC NEW COM 867224107 375 9,700 SH   SOLE 9,700 0 0
SYSCO CORP COM 871829107 361 10,000 SH   SOLE 10,000 0 0
TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADR 874039100 209 10,425 SH   SOLE 10,425 0 0
THE ADT CORPORATION COM 00101J106 404 13,500 SH   SOLE 13,500 0 0
THOMPSON CREEK METALS CO INC COM 884768102 99 41,100 SH   SOLE 41,100 0 0
TOWER FINANCIAL CORP COM 891769101 1,243 50,000 SH   SOLE 50,000 0 0
TOWER GROUP INTL LTD COM G8988C105 108 40,000 SH   SOLE 40,000 0 0
TRANSCANADA CORP COM 89353D107 271 5,400 SH   SOLE 5,400 0 0
TWENTY FIRST CENTY FOX INC CL B 90130A200 1,239 39,800 SH   SOLE 39,800 0 0
TYCO INTERNATIONAL LTD SHS H89128104 212 5,000 SH   SOLE 5,000 0 0
UNDER ARMOUR INC CL A 904311107 229 2,000 SH   SOLE 2,000 0 0
UNILEVER N V N Y SHS NEW 904784709 606 14,727 SH   SOLE 14,727 0 0
UNITED FINANCIAL BANCORP INC COM 91030T109 1,471 80,000 SH   SOLE 80,000 0 0
VANGUARD BD INDEX FD INC INTERMED TERM 921937819 818 9,816 SH   SOLE 9,816 0 0
VANGUARD INDEX FDS S&P 500 ETF SHS 922908363 425 2,480 SH   SOLE 2,480 0 0
VANGUARD WORLD FDS MATERIALS ETF 92204A801 1,084 10,200 SH   SOLE 10,200 0 0
VERIZON COMMUNICATIONS INC COM 92343V104 2,359 49,600 SH   SOLE 49,600 0 0
VITESSE SEMICONDUCTOR CORP COM NEW 928497304 87 20,600 SH   SOLE 20,600 0 0
WAUSAU PAPER CORP COM 943315101 213 16,700 SH   SOLE 16,700 0 0
WHITEWAVE FOODS CO COM CL A 966244105 200 7,000 SH   SOLE 7,000 0 0
WPX ENERGY INC COM 98212B103 433 24,000 SH   SOLE 24,000 0 0
XPO LOGISTICS INC COM 983793100 276 9,400 SH   SOLE 9,400 0 0
XYLEM INC COM 98419M100 219 6,000 SH   SOLE 6,000 0 0
YONGYE INTL INC COM 98607B106 136 20,000 SH   SOLE 20,000 0 0
ZOETIS INC CL A 98978V103 203 7,000 SH   SOLE 7,000 0 0