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
AFLAC INC COM 001055102 512 8,800 SH   SOLE   8,800 0 0
ALLSTATE CORP COM 020002101 10,553 181,200 SH   SOLE   181,200 0 0
AMAZON COM INC COM 023135106 35,884 70,100 SH   SOLE   70,100 0 0
ASSURED GUARANTY LTD COM G0585R106 28,417 1,136,700 SH   SOLE   1,136,700 0 0
BANK MONTREAL QUE COM 063671101 31,343 574,700 SH   SOLE   574,700 0 0
BAYTEX ENERGY CORP COM 07317Q105 10,294 3,217,200 SH   SOLE   3,217,200 0 0
BRUNSWICK CORP COM 117043109 3,735 78,000 SH   SOLE   78,000 0 0
CAN-FITE BIOPHARMA LTD SPONSORED ADR 13471N102 2,014 486,500 SH   SOLE   486,500 0 0
CIPHER PHARMACEUTICALS INC COM 17253X105 1,954 526,900 SH   SOLE   526,900 0 0
CISCO SYS INC COM 17275R102 12,854 489,700 SH   SOLE   489,700 0 0
COMMUNITY HEALTH SYS INC NEW COM 203668108 441 10,300 SH   SOLE   10,300 0 0
CSX CORP COM 126408103 30,160 1,121,200 SH   SOLE   1,121,200 0 0
DELTA AIR LINES INC DEL COM NEW 247361702 35,151 783,400 SH   SOLE   783,400 0 0
ENCANA CORP COM 292505104 22,258 3,457,800 SH   SOLE   3,457,800 0 0
GOOGLE INC CL C 38259P706 2,317 3,808 SH   SOLE   3,808 0 0
HONEYWELL INTL INC COM 438516106 360 3,800 SH   SOLE   3,800 0 0
HUDBAY MINERALS INC COM 443628102 11,569 3,131,700 SH   SOLE   3,131,700 0 0
JPMORGAN CHASE & CO COM 46625H100 640 10,500 SH   SOLE   10,500 0 0
MANULIFE FINL CORP COM 56501R106 21,028 1,359,600 SH   SOLE   1,359,600 0 0
MDC PARTNERS INC CL A SUB VTG 552697104 2,309 125,300 SH   SOLE   125,300 0 0
NASDAQ INC COM 631103108 453 8,500 SH   SOLE   8,500 0 0
NVIDIA CORP COM 67066G104 15,606 633,100 SH   SOLE   633,100 0 0
NXP SEMICONDUCTORS N V COM N6596X109 44,284 508,600 SH   SOLE   508,600 0 0
PFIZER INC COM 717081103 10,839 345,100 SH   SOLE   345,100 0 0
REGIONS FINL CORP NEW COM 7591EP100 23,621 2,621,500 SH   SOLE   2,621,500 0 0
SEALED AIR CORP NEW COM 81211K100 35,195 750,750 SH   SOLE   750,750 0 0
SMITH A O COM 831865209 548 8,400 SH   SOLE   8,400 0 0
SUNCOR ENERGY INC NEW COM 867224107 15,503 579,700 SH   SOLE   579,700 0 0
TORONTO DOMINION BK ONT COM NEW 891160509 30,779 780,900 SH   SOLE   780,900 0 0
VALEANT PHARMACEUTICALS INTL COM 91911K102 31,093 174,200 SH   SOLE   174,200 0 0
VISA INC COM CL A 92826C839 1,526 21,900 SH   SOLE   21,900 0 0
WHIRLPOOL CORP COM 963320106 265 1,800 SH   SOLE   1,800 0 0