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
ABERCROMBIE & FITCH CO CL A 002896207 1,289 45,000 SH   SOLE   45,000 0 0
AMERICAN EAGLE OUTFITTERS NE COM 02553E106 6,940 500,000 SH   SOLE   500,000 0 0
APPLE INC COM 037833100 5,002 45,315 SH   SOLE   45,315 0 0
ASHLAND INC NEW COM 044209104 5,165 43,131 SH   SOLE   43,131 0 0
C D I CORP COM 125071100 608 34,318 SH   SOLE   34,318 0 0
CALIX INC COM 13100M509 3,963 395,485 SH   SOLE   395,485 0 0
CBS CORP NEW CL B 124857202 13,547 244,789 SH   SOLE   244,789 0 0
CHICOS FAS INC COM 168615102 1,326 81,784 SH   SOLE   81,784 0 0
COVENANT TRANSN GROUP INC CL A 22284P105 812 29,959 SH   SOLE   29,959 0 0
CROWN MEDIA HLDGS INC CL A 228411104 3,019 852,946 SH   SOLE   852,946 0 0
CST BRANDS INC COM 12646R105 3,518 80,679 SH   SOLE   80,679 0 0
DBX ETF TR DBXTR HAR CS 300 233051879 1,861 50,000 SH Put SOLE   50,000 0 0
DECKERS OUTDOOR CORP COM 243537107 4,585 50,365 SH   SOLE   50,365 0 0
DISCOVER FINL SVCS COM 254709108 10,166 155,227 SH   SOLE   155,227 0 0
EQUINIX INC COM NEW 29444U502 2,998 13,223 SH   SOLE   13,223 0 0
EXTREME NETWORKS INC COM 30226D106 6,434 1,822,661 SH   SOLE   1,822,661 0 0
F M C CORP COM NEW 302491303 3,448 60,454 SH   SOLE   60,454 0 0
GRAMERCY PPTY TR INC COM 38489R100 1,035 150,000 SH   SOLE   150,000 0 0
GTT COMMUNICATIONS INC COM 362393100 860 65,000 SH   SOLE   65,000 0 0
HUB GROUP INC CL A 443320106 7,007 184,000 SH   SOLE   184,000 0 0
INVESCO MORTGAGE CAPITAL INC COM 46131B100 617 39,883 SH   SOLE   39,883 0 0
INVESTMENT TECHNOLOGY GRP NE COM 46145F105 4,019 193,036 SH   SOLE   193,036 0 0
KAPSTONE PAPER & PACKAGING C COM 48562P103 4,371 149,139 SH   SOLE   149,139 0 0
KORN FERRY INTL COM NEW 500643200 6,792 236,158 SH   SOLE   236,158 0 0
LADDER CAP CORP CL A 505743104 6,076 309,827 SH   SOLE   309,827 0 0
MEDIA GEN INC NEW COM 58441K100 4,072 243,407 SH   SOLE   243,407 0 0
MENS WEARHOUSE INC COM 587118100 2,212 50,100 SH   SOLE   50,100 0 0
MICROSOFT CORP COM 594918104 3,471 74,734 SH   SOLE   74,734 0 0
NET 1 UEPS TECHNOLOGIES INC COM NEW 64107N206 570 50,000 SH   SOLE   50,000 0 0
NMI HLDGS INC CL A 629209305 1,200 131,456 SH   SOLE   131,456 0 0
NORTHSTAR RLTY FIN CORP COM NEW 66704R704 1,269 72,194 SH   SOLE   72,194 0 0
OFFICE DEPOT INC COM 676220106 8,386 977,976 SH   SOLE   977,976 0 0
PEAK RESORTS INC COM 70469L100 738 92,273 SH   SOLE   92,273 0 0
RACKSPACE HOSTING INC COM 750086100 6,547 139,862 SH   SOLE   139,862 0 0
RALLY SOFTWARE DEV CORP COM 751198102 738 64,875 SH   SOLE   64,875 0 0
RENTECH INC COM 760112102 2,156 1,710,943 SH   SOLE   1,710,943 0 0
SELECT SECTOR SPDR TR SBI INT-UTILS 81369Y886 14,166 300,000 SH Put SOLE   300,000 0 0
SPORTSMANS WHSE HLDGS INC COM 84920Y106 1,987 271,400 SH   SOLE   271,400 0 0
TREDEGAR CORP COM 894650100 2,365 105,175 SH   SOLE   105,175 0 0
TRIBUNE MEDIA CO CL A 896047503 6,677 111,711 SH   SOLE   111,711 0 0
UNITED CONTL HLDGS INC COM 910047109 4,013 60,000 SH Put SOLE   60,000 0 0
WALGREENS BOOTS ALLIANCE INC COM 931427108 2,722 35,723 SH   SOLE   35,723 0 0
YRC WORLDWIDE INC COM PAR $.01 984249607 1,424 63,305 SH   SOLE   63,305 0 0