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
ASCENA RETAIL GROUP INC COM 04351G101 22,590 1,067,564 SH   DFND 1 1,067,564 0 0
ASCENA RETAIL GROUP INC COM 04351G101 4,975 235,115 SH   SOLE   235,115 0 0
ASSURED GUARANTY LTD COM G0585R106 16,074 681,384 SH   DFND 1 681,384 0 0
ASSURED GUARANTY LTD COM G0585R106 3,539 150,036 SH   SOLE   150,036 0 0
BAKER HUGHES INC COM 057224107 7,241 131,041 SH   DFND 1 131,041 0 0
BAKER HUGHES INC COM 057224107 1,594 28,854 SH   SOLE   28,854 0 0
BANK OF AMERICA CORPORATION COM 060505104 22,021 1,414,314 SH   DFND 1 1,414,314 0 0
BANK OF AMERICA CORPORATION COM 060505104 4,852 311,647 SH   SOLE   311,647 0 0
BOSTON SCIENTIFIC CORP COM 101137107 13,676 1,137,782 SH   DFND 1 1,137,782 0 0
BOSTON SCIENTIFIC CORP COM 101137107 3,013 250,648 SH   SOLE   250,648 0 0
CAPITAL ONE FINL CORP COM 14040H105 22,996 300,172 SH   DFND 1 300,172 0 0
CAPITAL ONE FINL CORP COM 14040H105 5,065 66,111 SH   SOLE   66,111 0 0
CARNIVAL CORP PAIRED CTF 143658300 23,854 593,819 SH   DFND 1 593,819 0 0
CARNIVAL CORP PAIRED CTF 143658300 5,258 130,892 SH   SOLE   130,892 0 0
CORNING INC COM 219350105 22,676 1,272,517 SH   DFND 1 1,272,517 0 0
CORNING INC COM 219350105 4,997 280,388 SH   SOLE   280,388 0 0
EATON CORP PLC SHS G29183103 12,752 167,531 SH   DFND 1 167,531 0 0
EATON CORP PLC SHS G29183103 2,807 36,870 SH   SOLE   36,870 0 0
EQUINIX INC COM NEW 29444U502 21,764 122,647 SH   DFND 1 122,647 0 0
EQUINIX INC COM NEW 29444U502 4,792 27,007 SH   SOLE   27,007 0 0
FEDEX CORP COM 31428X106 14,966 104,098 SH   DFND 1 104,098 0 0
FEDEX CORP COM 31428X106 3,297 22,935 SH   SOLE   22,935 0 0
GNC HLDGS INC COM CL A 36191G107 18,733 320,503 SH   DFND 1 320,503 0 0
GNC HLDGS INC COM CL A 36191G107 4,126 70,585 SH   SOLE   70,585 0 0
HEWLETT PACKARD CO COM 428236103 14,467 517,061 SH   DFND 1 517,061 0 0
HEWLETT PACKARD CO COM 428236103 3,186 113,881 SH   SOLE   113,881 0 0
HUNT J B TRANS SVCS INC COM 445658107 7,182 92,905 SH   DFND 1 92,905 0 0
HUNT J B TRANS SVCS INC COM 445658107 1,580 20,439 SH   SOLE   20,439 0 0
IAC INTERACTIVECORP COM PAR $.001 44919P508 9,523 138,712 SH   DFND 1 138,712 0 0
IAC INTERACTIVECORP COM PAR $.001 44919P508 2,099 30,569 SH   SOLE   30,569 0 0
JGWPT HLDGS INC CL A 46617M109 5,883 338,323 SH   DFND 1 338,323 0 0
JGWPT HLDGS INC CL A 46617M109 1,296 74,500 SH   SOLE   74,500 0 0
LEAR CORP COM NEW 521865204 7,068 87,286 SH   DFND 1 87,286 0 0
LEAR CORP COM NEW 521865204 1,556 19,220 SH   SOLE   19,220 0 0
LOUISIANA PAC CORP COM 546347105 3,856 208,337 SH   DFND 1 208,337 0 0
LOUISIANA PAC CORP COM 546347105 862 46,570 SH   SOLE   46,570 0 0
MORGAN STANLEY COM NEW 617446448 15,268 486,862 SH   DFND 1 486,862 0 0
MORGAN STANLEY COM NEW 617446448 3,362 107,208 SH   SOLE   107,208 0 0
OUTERWALL INC COM 690070107 7,354 109,318 SH   DFND 1 109,318 0 0
OUTERWALL INC COM 690070107 1,619 24,072 SH   SOLE   24,072 0 0
THERMO FISHER SCIENTIFIC INC COM 883556102 3,608 32,401 SH   DFND 1 32,401 0 0
THERMO FISHER SCIENTIFIC INC COM 883556102 794 7,134 SH   SOLE   7,134 0 0
TIBCO SOFTWARE INC COM 88632Q103 7,243 322,184 SH   DFND 1 322,184 0 0
TIBCO SOFTWARE INC COM 88632Q103 1,595 70,952 SH   SOLE   70,952 0 0
UNITED CONTL HLDGS INC COM 910047109 10,977 290,174 SH   DFND 1 290,174 0 0
UNITED CONTL HLDGS INC COM 910047109 2,418 63,910 SH   SOLE   63,910 0 0
WEATHERFORD INTERNATIONAL LT REG SHS H27013103 12,540 809,574 SH   DFND 1 809,574 0 0
WEATHERFORD INTERNATIONAL LT REG SHS H27013103 2,766 178,538 SH   SOLE   178,538 0 0
WEIGHT WATCHERS INTL INC NEW COM 948626106 22,367 679,217 SH   DFND 1 679,217 0 0
WEIGHT WATCHERS INTL INC NEW COM 948626106 4,926 149,585 SH   SOLE   149,585 0 0
XPO LOGISTICS INC COM 983793100 9,885 375,996 SH   DFND 1 375,996 0 0
XPO LOGISTICS INC COM 983793100 2,178 82,847 SH   SOLE   82,847 0 0