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
AFFYMETRIX INC COM 00826T108 995 71,000 SH   SOLE   71,000 0 0
AGL RESOURCES INC COM 001204106 3,693 56,700 SH   SOLE   56,700 0 0
AIRGAS INC COM 009363102 8,173 57,700 SH   SOLE   57,700 0 0
ALASKA COMM SYS GR NOTE 01167PAE1 625 660,000 PRN   SOLE   660,000 0 0
ALASKA COMM SYS GR COM 01167P101 123 69,132 SH   SOLE   69,132 0 0
ALERE INC COM 01449J105 13,148 259,800 SH   SOLE   259,800 0 0
BAKER HUGHES INC COM 057224107 4,558 104,000 SH   SOLE   104,000 0 0
BAXALTA INC COM 07177M103 9,886 244,700 SH   SOLE   244,700 0 0
CABLEVISION SYS CORP CL A 12686C109 2,838 86,000 SH   SOLE   86,000 0 0
CAMERON INTERNATIONAL CORP COM 13342B105 7,563 112,800 SH   SOLE   112,800 0 0
CIGNA CORP COM 125509109 2,155 15,700 SH   SOLE   15,700 0 0
COLUMBIA PIPELINE GROUP COM 198280109 1,360 54,200 SH   SOLE   54,200 0 0
COMMUNITY HEALTH SYS INC NEW RIGHT 01/27/2016 203668116 1 132,000 SH   SOLE   132,000 0 0
E M C CORP MASS COM 268648102 14,226 533,800 SH   SOLE   533,800 0 0
FAIRCHILD SEMICONDUCTOR INTL COM 303726103 7,334 366,700 SH   SOLE   366,700 0 0
FRESH MKT INC COM 35804H106 3,866 135,500 SH   SOLE   135,500 0 0
GLOBALSTAR INC COM 378973408 588 399,797 SH   SOLE   399,797 0 0
HEARTLAND PMT SYS INC COM 42235N108 6,885 71,300 SH   SOLE   71,300 0 0
HUMANA INC COM 444859102 4,940 27,000 SH   SOLE   27,000 0 0
ICONIX BRAND GROUP INC NOTE 451055AF4 690 1,000,000 PRN   SOLE   1,000,000 0 0
JARDEN CORP COM 471109108 17,938 304,300 SH   SOLE   304,300 0 0
KCAP FINL INC COM 48668E101 558 155,036 SH   SOLE   155,036 0 0
KLA-TENCOR CORP COM 482480100 4,762 65,400 SH   SOLE   65,400 0 0
NUVEEN FLTING RTE INCM OPP FD COM 6706EN100 849 85,866 SH   SOLE   85,866 0 0
OFFICE DEPOT INC COM 676220106 3,776 531,800 SH   SOLE   531,800 0 0
RADIO ONE INC CL D NON VTG 75040P405 89 62,356 SH   SOLE   62,356 0 0
RITE AID CORP COM 767754104 1,417 173,900 SH   SOLE   173,900 0 0
ROUSE PPTYS INC COM 779287101 2,019 109,850 SH   SOLE   109,850 0 0
SANDISK CORP COM 80004C101 6,885 90,500 SH   SOLE   90,500 0 0
SPANISH BROADCASTING SYS INC CL A NEW 846425833 434 129,503 SH   SOLE   129,503 0 0
STARWOOD HOTELS&RESORTS WRLD COM 85590A401 8,802 105,500 SH   SOLE   105,500 0 0
TALMER BANCORP INC COM 87482X101 6,040 333,900 SH   SOLE   333,900 0 0
THE ADT CORPORATION COM 00101J106 6,734 163,200 SH   SOLE   163,200 0 0
TIME WARNER CABLE INC COM 88732J207 14,712 71,900 SH   SOLE   71,900 0 0
TUMI HLDGS INC COM 89969Q104 890 33,200 SH   SOLE   33,200 0 0
VALSPAR CORP COM 920355104 1,862 17,400 SH   SOLE   17,400 0 0
WILLIAMS COS INC COM 969457100 2,518 156,700 SH   SOLE   156,700 0 0
WMIH CORP COM 92936P100 330 140,875 SH   SOLE   140,875 0 0
XCEL BRANDS INC COM NEW 98400M101 208 35,918 SH   SOLE   35,918 0 0
YAHOO INC COM 984332106 810 22,000 SH   SOLE   22,000 0 0