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
ACTAVIS INC COM 00507K103 6,550 51,900 SH   OTR 1 2 3 4 51,900 0 0
ALLEGHENY TECHNOLOGIES INC COM 01741R102 1,053 40,000 SH   OTR 1 2 3 4 40,000 0 0
ALPHA NATURAL RESOURCES INC COM 02076X102 262 50,000 SH   OTR 1 2 3 4 50,000 0 0
ANADARKO PETE CORP COM 032511107 4,326 50,350 SH   OTR 1 2 3 4 50,350 0 0
ANDERSONS INC COM 034164103 427 8,020 SH   OTR 1 2 3 4 8,020 0 0
ANHEUSER BUSCH INBEV SA/NV SPONSORED ADR 03524A108 64,155 710,781 SH   OTR 1 2 3 4 710,781 0 0
APPLE INC COM 037833100 5,149 12,985 SH   OTR 1 2 3 4 12,985 0 0
APPROACH RESOURCES INC COM 03834A103 921 37,500 SH   OTR 1 2 3 4 37,500 0 0
ARCELORMITTAL SA LUXEMBOURG MAND CV NT 16 L0302D178 42,548 2,200,000 SH   OTR 1 2 3 4 2,200,000 0 0
ARCH COAL INC COM 039380100 227 60,000 SH   OTR 1 2 3 4 60,000 0 0
ARCHER DANIELS MIDLAND CO NOTE 0.875% 2/1 039483AW2 4,040 4,000 PRN   OTR 1 2 3 4 4,000 0 0
AVON PRODS INC COM 054303102 4,111 195,500 SH   OTR 1 2 3 4 195,500 0 0
BANCO BRADESCO S A SP ADR PFD NEW 059460303 6,774 520,691 SH   OTR 1 2 3 4 520,691 0 0
BEST BUY INC COM 086516101 3,594 131,500 SH   OTR 1 2 3 4 131,500 0 0
BP PLC SPONSORED ADR 055622104 6,621 158,624 SH   OTR 1 2 3 4 158,624 0 0
BRF SA SPONSORED ADR 10552T107 22,123 1,019,037 SH   OTR 1 2 3 4 1,019,037 0 0
BRIGHT HORIZONS FAM SOL IN D COM 109194100 1,215 35,000 SH   OTR 1 2 3 4 35,000 0 0
CASEYS GEN STORES INC COM 147528103 602 10,000 SH   OTR 1 2 3 4 10,000 0 0
CEMEX SAB DE CV SPON ADR NEW 151290889 7,030 664,390 SH   OTR 1 2 3 4 664,390 0 0
CHESAPEAKE ENERGY CORP COM 165167107 2,344 115,000 SH   OTR 1 2 3 4 115,000 0 0
CHEVRON CORP NEW COM 166764100 423 3,570 SH   OTR 1 2 3 4 3,570 0 0
CINCINNATI BELL INC NEW COM 171871106 2,913 952,000 SH   OTR 1 2 3 4 952,000 0 0
CLEARWIRE CORP NEW CL A 18538Q105 19,976 3,999,219 SH   OTR 1 2 3 4 3,999,219 0 0
CLOUD PEAK ENERGY INC COM 18911Q102 1,360 82,500 SH   OTR 1 2 3 4 82,500 0 0
COBALT INTL ENERGY INC COM 19075F106 1,791 67,400 SH   OTR 1 2 3 4 67,400 0 0
COBALT INTL ENERGY INC NOTE 2.625%12/0 19075FAA4 5,952 5,500 PRN   OTR 1 2 3 4 5,500 0 0
COMSTOCK MNG INC COM 205750102 496 300,000 SH   OTR 1 2 3 4 300,000 0 0
COMSTOCK RES INC COM NEW 205768203 472 30,000 SH   OTR 1 2 3 4 30,000 0 0
COOPER TIRE & RUBR CO COM 216831107 1,659 50,000 SH   OTR 1 2 3 4 50,000 0 0
CROWN CASTLE INTL CORP COM 228227104 724 10,000 SH   OTR 1 2 3 4 10,000 0 0
CUI GLOBAL INC COM NEW 126576206 1,005 181,111 SH   OTR 1 2 3 4 181,111 0 0
DEAN FOODS CO NEW COM 242370104 401 40,000 SH   OTR 1 2 3 4 40,000 0 0
DELL INC COM 24702R101 7,990 599,673 SH   OTR 1 2 3 4 599,673 0 0
DIGITALGLOBE INC COM NEW 25389M877 1,163 37,500 SH   OTR 1 2 3 4 37,500 0 0
DIREXION SHS ETF TR DRX S&P500BEAR 25459W151 273 25,000 SH   OTR 1 2 3 4 25,000 0 0
DISNEY WALT CO COM DISNEY 254687106 236 3,750 SH   OTR 1 2 3 4 3,750 0 0
DOW CHEM CO COM 260543103 807 25,100 SH   OTR 1 2 3 4 25,100 0 0
EBAY INC COM 278642103 880 17,000 SH   OTR 1 2 3 4 17,000 0 0
EPL OIL & GAS INC COM 26883D108 1,174 40,000 SH   OTR 1 2 3 4 40,000 0 0
EVERTEC INC COM 30040P103 1,099 50,000 SH   OTR 1 2 3 4 50,000 0 0
FACEBOOK INC CL A 30303M102 299 11,998 SH   OTR 1 2 3 4 11,998 0 0
FAIRPOINT COMMUNICATIONS INC COM NEW 305560302 919 110,000 SH   OTR 1 2 3 4 110,000 0 0
FIRST SOLAR INC COM 336433107 1,618 36,100 SH   OTR 1 2 3 4 36,100 0 0
FOMENTO ECONOMICO MEXICANO S SPON ADR UNITS 344419106 1,796 17,404 SH   OTR 1 2 3 4 17,404 0 0
FOREST OIL CORP COM PAR $0.01 346091705 10,041 2,454,949 SH   OTR 1 2 3 4 2,454,949 0 0
FREEPORT-MCMORAN COPPER & GO COM 35671D857 1,154 41,800 SH   OTR 1 2 3 4 41,800 0 0
GENERAL ELECTRIC CO COM 369604103 491 21,190 SH   OTR 1 2 3 4 21,190 0 0
GOLDMAN SACHS GROUP INC COM 38141G104 942 6,225 SH   OTR 1 2 3 4 6,225 0 0
GRIFOLS S A SP ADR REP B NVT 398438408 4,001 140,500 SH   OTR 1 2 3 4 140,500 0 0
HERCULES OFFSHORE INC COM 427093109 352 50,000 SH   OTR 1 2 3 4 50,000 0 0
HESS CORP COM 42809H107 7,000 105,293 SH   OTR 1 2 3 4 105,293 0 0
HEWLETT PACKARD CO COM 428236103 4,216 170,000 SH   OTR 1 2 3 4 170,000 0 0
HOME DEPOT INC COM 437076102 818 10,560 SH   OTR 1 2 3 4 10,560 0 0
INTEL CORP COM 458140100 969 40,000 SH   OTR 1 2 3 4 40,000 0 0
INTERNATIONAL GAME TECHNOLOG COM 459902102 1,004 60,100 SH   OTR 1 2 3 4 60,100 0 0
ITAU UNIBANCO HLDG SA SPON ADR REP PFD 465562106 9,652 747,000 SH   OTR 1 2 3 4 747,000 0 0
JETBLUE AIRWAYS CORP COM 477143101 1,258 200,000 SH   OTR 1 2 3 4 200,000 0 0
LEAP WIRELESS INTL INC COM NEW 521863308 2,356 350,000 SH   OTR 1 2 3 4 350,000 0 0
LIFE TECHNOLOGIES CORP COM 53217V109 217 2,934 SH   OTR 1 2 3 4 2,934 0 0
LONE PINE RES INC COM 54222A106 124 375,000 SH   OTR 1 2 3 4 375,000 0 0
MERCER INTL INC COM 588056101 326 50,000 SH   OTR 1 2 3 4 50,000 0 0
MGM RESORTS INTERNATIONAL COM 552953101 5,676 384,000 SH   OTR 1 2 3 4 384,000 0 0
MOSAIC CO NEW COM 61945C103 7,264 135,000 SH   OTR 1 2 3 4 135,000 0 0
NATIONAL RETAIL PPTYS INC COM 637417106 4,816 140,000 SH   OTR 1 2 3 4 140,000 0 0
NEW YORK TIMES CO CL A 650111107 3,812 344,638 SH   OTR 1 2 3 4 344,638 0 0
NORTHERN OIL & GAS INC NEV COM 665531109 667 50,000 SH   OTR 1 2 3 4 50,000 0 0
NUANCE COMMUNICATIONS INC COM 67020Y100 3,919 213,000 SH   OTR 1 2 3 4 213,000 0 0
NUCOR CORP COM 670346105 1,517 35,000 SH   OTR 1 2 3 4 35,000 0 0
OFFICE DEPOT INC COM 676220106 967 250,000 SH   OTR 1 2 3 4 250,000 0 0
PANTRY INC COM 698657103 244 20,000 SH   OTR 1 2 3 4 20,000 0 0
PEABODY ENERGY CORP COM 704549104 1,171 80,000 SH   OTR 1 2 3 4 80,000 0 0
PITNEY BOWES INC COM 724479100 3,354 228,516 SH   OTR 1 2 3 4 228,516 0 0
PROLOGIS INC COM 74340W103 3,780 100,200 SH   OTR 1 2 3 4 100,200 0 0
PROSHARES TR PSHS ULTSHRT QQQ 74347X237 1,186 50,000 SH   OTR 1 2 3 4 50,000 0 0
QUIKSILVER INC COM 74838C106 322 50,000 SH   OTR 1 2 3 4 50,000 0 0
RESOLUTE ENERGY CORP COM 76116A108 439 55,000 SH   OTR 1 2 3 4 55,000 0 0
SAFEWAY INC COM NEW 786514208 5,713 241,447 SH   OTR 1 2 3 4 241,447 0 0
SAKS INC COM 79377W108 2,046 150,000 SH   OTR 1 2 3 4 150,000 0 0
SIRIUS XM RADIO INC COM 82967N108 2,463 735,000 SH   OTR 1 2 3 4 735,000 0 0
SMITHFIELD FOODS INC COM 832248108 18,013 550,000 SH   OTR 1 2 3 4 550,000 0 0
STEEL DYNAMICS INC COM 858119100 745 50,000 SH   OTR 1 2 3 4 50,000 0 0
STILLWATER MNG CO COM 86074Q102 1,637 152,500 SH   OTR 1 2 3 4 152,500 0 0
SUPERIOR ENERGY SVCS INC COM 868157108 519 20,000 SH   OTR 1 2 3 4 20,000 0 0
SUSSER HLDGS CORP COM 869233106 1,316 27,500 SH   OTR 1 2 3 4 27,500 0 0
SYNERGY PHARMACEUTICALS DEL COM NEW 871639308 216 50,000 SH   OTR 1 2 3 4 50,000 0 0
TELEPHONE & DATA SYS INC COM NEW 879433829 986 40,000 SH   OTR 1 2 3 4 40,000 0 0
THERAVANCE INC COM 88338T104 1,926 50,000 SH   OTR 1 2 3 4 50,000 0 0
THOMPSON CREEK METALS CO INC COM 884768102 151 50,000 SH   OTR 1 2 3 4 50,000 0 0
TRI POINTE HOMES INC COM 87265H109 994 60,000 SH   OTR 1 2 3 4 60,000 0 0
TW TELECOM INC COM 87311L104 1,759 62,500 SH   OTR 1 2 3 4 62,500 0 0
UNITED STATES OIL FUND LP UNITS 91232N108 4,973 145,500 SH   OTR 1 2 3 4 145,500 0 0
UNITED STATES STL CORP NEW COM 912909108 1,052 60,000 SH   OTR 1 2 3 4 60,000 0 0
UNITED TECHNOLOGIES CORP COM 913017109 348 3,740 SH   OTR 1 2 3 4 3,740 0 0
VIVUS INC COM 928551100 4,137 328,866 SH   OTR 1 2 3 4 328,866 0 0
WALTER ENERGY INC COM 93317Q105 156 15,000 SH   OTR 1 2 3 4 15,000 0 0
WEBMD HEALTH CORP NOTE 2.500% 1/3 94770VAF9 4,731 5,000 PRN   OTR 1 2 3 4 5,000 0 0
YELP INC CL A 985817105 348 10,000 SH   OTR 1 2 3 4 10,000 0 0