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
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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
ALPHABET INC CAP STK CL C 02079K107 18,624 25,000 SH   SOLE   25,000 0 0
CONTINENTAL BLDG PRODS INC COM 211171103 2,320 125,000 SH   SOLE   125,000 0 0
FLEETCOR TECHNOLOGIES INC COM 339041105 7,438 50,000 SH   SOLE   50,000 0 0
INTERACTIVE BROKERS GROUP IN COM 45841N107 23,592 600,000 SH   SOLE   600,000 0 0
ISHARES GOLD TRUST ISHARES 464285105 9,504 800,000 SH   SOLE   800,000 0 0
ISHARES TR U.S. PFD STK ETF 464288687 5,855 150,000 SH   SOLE   150,000 0 0
JPMORGAN CHASE & CO *W EXP 10/28/201 46634E114 1,770 100,000 SH   SOLE   100,000 0 0
LIBERTY BROADBAND CORP COM SER C 530307305 7,688 132,660 SH   SOLE   132,660 0 0
LIBERTY GLOBAL PLC SHS CL C G5480U120 5,634 150,000 SH   SOLE   150,000 0 0
MERUS LABS INTL INC NEW COM 59047R101 224 150,000 SH   SOLE   150,000 0 0
PROGRESS SOFTWARE CORP COM 743312100 2,412 100,000 SH   SOLE   100,000 0 0
SQUARE INC CL A 852234103 764 50,000 SH Put SOLE   50,000 0 0
SQUARE INC CL A 852234103 764 50,000 SH   SOLE   50,000 0 0
STEWART INFORMATION SVCS COR COM 860372101 3,084 85,000 SH   SOLE   85,000 0 0
TARO PHARMACEUTICAL INDS LTD SHS M8737E108 7,163 50,000 SH   SOLE   50,000 0 0
WELLS FARGO & CO NEW PERP PFD CNV A 949746804 20,432 16,956 SH   SOLE   16,956 0 0