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
NORTHSTAR ASSET MANAGEMENT, IN*C. CMN COM 66705Y104 60,628,000 3,291,434 SH   SOLE   3,291,434 0 0
AIR PRODUCTS & CHEMICALS INC CMN COM 009158106 56,688,000 435,460 SH   SOLE   435,460 0 0
CANADIAN PACIFIC RAILWAY LTD CMN COM 13645T100 54,642,000 263,373 SH   SOLE   263,373 0 0
LIBERTY VENTURES CMN SERIES CLASS A COM 53071M880 37,835,000 996,700 SH   SOLE   996,700 0 0
WYNDHAM WORLDWIDE CORP COM 98310W108 35,216,000 433,376 SH   SOLE   433,376 0 0
WALT DISNEY COMPANY (THE) CMN COM 254687106 34,787,000 390,732 SH   SOLE   390,732 0 0
NORTHSTAR REALTY FINANCE CORP. CMN COM 66704R704 33,351,000 1,887,424 SH   SOLE   1,887,424 0 0
ADVANCE AUTO PTS INC COM STK COM 00751Y106 32,705,000 251,000 SH   SOLE   251,000 0 0
TRANSDIGM GROUP INCORPORATED CMN COM 893641100 32,355,000 175,526 SH   SOLE   175,526 0 0
FLEETCOR TECHNOLOGIES, INC. CMN COM 339041105 31,975,000 224,983 SH   SOLE   224,983 0 0
THE WILLIAMS COMPANIES, INC. CMN COM 969457100 31,660,000 571,992 SH   SOLE   571,992 0 0
MACQUARIE INFRASTRUCTURE COMPA COM STK COM 55608B105 30,933,000 463,762 SH   SOLE   463,762 0 0
CHENIERE ENERGY INC CMN COM 16411R208 30,761,000 384,373 SH   SOLE   384,373 0 0
RYDER SYSTEM INC CMN COM 783549108 29,745,000 330,615 SH   SOLE   330,615 0 0
SBA COMMUNICATIONS CORP CL A COM STK COM 78388J106 28,569,000 257,609 SH   SOLE   257,609 0 0
XPO LOGISTICS INC COM STK COM 983793100 28,357,000 752,787 SH   SOLE   752,787 0 0
TIME WARNER INC. CMN COM 887317303 28,332,000 376,699 SH   SOLE   376,699 0 0
LIBERTY TRIPADVISOR HLDGS INC CMN SERIES A COM 531465102 27,156,000 801,068 SH   SOLE   801,068 0 0
APPLE INC COM STK COM 037833100 23,626,000 234,500 SH   SOLE   234,500 0 0
WPX ENERGY, INC. CMN COM 98212B103 23,385,000 971,931 SH   SOLE   971,931 0 0
SEMGROUP CORPORATION CMN CLASS A COM 81663A105 23,322,000 280,082 SH   SOLE   280,082 0 0
CHARTER COMMUNICATIONS INC CL A COM STK COM 16117M305 23,129,000 152,800 SH   SOLE   152,800 0 0
UNION PACIFIC CORP COM STK COM 907818108 22,902,000 211,231 SH   SOLE   211,231 0 0
ALTISOURCE ASSET MGMT CORP CMN COM 02153X108 20,202,000 29,928 SH   SOLE   29,928 0 0
LIBERTY MEDIA CORP WI COM 531229300 18,857,000 401,290 SH   SOLE   401,290 0 0
CSX CORP COM COM 126408103 17,915,000 558,800 SH   SOLE   558,800 0 0
WATTS WATER TECHNOLOGIES INC CMN CLASS A COM 942749102 16,106,000 276,500 SH   SOLE   276,500 0 0
TARGA RESOURCES CORP. CMN COM 87612G101 15,847,000 116,377 SH   SOLE   116,377 0 0
NORFOLK SOUTHN CORP COM STK COM 655844108 15,836,000 141,900 SH   SOLE   141,900 0 0
ACTAVIS PLC CMN COM G0083B108 13,922,000 57,700 SH   SOLE   57,700 0 0
WESTLAKE CHEMICAL CORPORATION CMN COM 960413102 13,792,000 159,277 SH   SOLE   159,277 0 0
ATHLON ENERGY INC. CMN COM 047477104 13,703,000 235,330 SH   SOLE   235,330 0 0
OLD DOMINION FREIGHT LINE INC COM STK COM 679580100 12,970,000 183,600 SH   SOLE   183,600 0 0
ALTISOURCE RESIDENTIAL CORPORA*TION CMN COM 02153W100 12,337,000 514,053 SH   SOLE   514,053 0 0
INTERCONTINENTAL HOTELS GROUP ADR COM 45857P509 12,218,000 316,040 SH   SOLE   316,040 0 0
UNITED RENTALS, INC. CMN COM 911363109 10,581,000 95,238 SH   SOLE   95,238 0 0
HILTON WORLDWIDE HOLDINGS INC COM STK COM 43300A104 10,140,000 411,700 SH   SOLE   411,700 0 0
DIAMONDBACK ENERGY INC CMN COM 25278X109 6,728,000 89,967 SH   SOLE   89,967 0 0
PLATFORM SPECIALTY PRODS CORP CMN COM 72766Q105 5,284,000 211,190 SH   SOLE   211,190 0 0
DISH NETWORK CORPORATION CMN CLASS A COM 25470M109 5,079,000 78,640 SH   SOLE   78,640 0 0
TRANSCANADA CORP CMN COM 89353D107 4,653,000 90,300 SH   SOLE   90,300 0 0
JANUS CAPITAL GROUP INC. CMN COM 47102X105 2,181,000 150,000 SH   SOLE   150,000 0 0
ALIBABA GROUP HOLDING LTD COM 01609W102 889,000 10,000 SH   SOLE   10,000 0 0
SANDRIDGE MISSISSIPPIAN TRUST II CMN COM 80007V106 869,000 138,100 SH Put SOLE   138,100 0 0
SANDRIDGE MISSISSIPPIAN TRUST II CMN COM 80007V106 786,000 125,000 SH Put SOLE   125,000 0 0
SANDRIDGE MISSISSIPPIAN TRUST II CMN COM 80007V106 506,000 80,500 SH Put SOLE   80,500 0 0
EXTERRAN HOLDINGS INC COM 30225X103 403,000 9,100 SH   SOLE   9,100 0 0
SANDRIDGE MISSISSIPPIAN TRST I CMN COM 80007T101 380,000 91,800 SH Put SOLE   91,800 0 0
MEMORIAL RESOURCE DEVELOPMENT COM STK COM 58605Q109 331,000 12,199 SH   SOLE   12,199 0 0