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
AMERICAN INTL GROUP INC COM NEW 026874784 368 7,353 SH   SOLE 7,353 0 0
ATLAS ENERGY LP COM UNITS LP 04930A104 17 400 SH Call SOLE 400 0 0
ATLAS ENERGY LP COM UNITS LP 04930A104 10,515 244,297 SH   SOLE 244,297 0 0
ATLAS PIPELINE PARTNERS LP UNIT L P INT 049392103 212 6,600 SH Call SOLE 6,600 0 0
ATLAS PIPELINE PARTNERS LP UNIT L P INT 049392103 5,602 174,475 SH   SOLE 174,475 0 0
ATLAS RESOURCE PARTNERS LP COM UNT LTD PR 04941A101 3,786 181,212 SH   SOLE 181,212 0 0
CONSTELLATION BRANDS INC CL A 21036P108 3,150 37,068 SH   SOLE 37,068 0 0
ENERGY TRANSFER EQUITY L P COM UT LTD PTN 29273V100 24,689 528,100 SH Call SOLE 528,100 0 0
ENERGY TRANSFER EQUITY L P COM UT LTD PTN 29273V100 47 1,000 SH Call SOLE 1,000 0 0
ENERGY TRANSFER EQUITY L P COM UT LTD PTN 29273V100 5,666 121,200 SH   SOLE 121,200 0 0
ENTRAVISION COMMUNICATIONS C CL A 29382R107 367 54,784 SH   SOLE 54,784 0 0
EXPRESS SCRIPTS HLDG CO COM 30219G108 4,731 63,000 SH   SOLE 63,000 0 0
EXPRESS SCRIPTS HLDG CO COM 30219G108 3,755 50,000 SH Call SOLE 50,000 0 0
GENERAL COMMUNICATION INC CL A 369385109 2,113 185,150 SH   SOLE 185,150 0 0
GOOGLE INC CL A 38259P508 5,216 4,680 SH   SOLE 4,680 0 0
GOOGLE INC CL A 38259P508 1,226 1,100 SH Call SOLE 1,100 0 0
GRAY TELEVISION INC COM 389375106 9,596 925,322 SH   SOLE 925,322 0 0
HEMISPHERE MEDIA GROUP INC CL A 42365Q103 4,976 395,200 SH   SOLE 395,200 0 0
JGWPT HLDGS INC CL A 46617M109 2,035 111,438 SH   SOLE 111,438 0 0
MARKWEST ENERGY PARTNERS L P UNIT LTD PARTN 570759100 3,101 47,467 SH   SOLE 47,467 0 0
MASTERCARD INC CL A 57636Q104 3,847 51,500 SH   SOLE 51,500 0 0
MECHEL OAO SPON ADR PFD 583840509 8 23,851 SH   SOLE 23,851 0 0
NEXSTAR BROADCASTING GROUP I CL A 65336K103 5,015 133,670 SH   SOLE 133,670 0 0
OCEAN RIG UDW INC SHS Y64354205 2,652 149,057 SH   SOLE 149,057 0 0
SUNCOKE ENERGY INC COM 86722A103 3,319 145,295 SH   SOLE 145,295 0 0
SUNCOKE ENERGY PARTNERS L P COMUNIT REP LT 86722Y101 2,668 91,203 SH   SOLE 91,203 0 0
VISA INC COM CL A 92826C839 1,717 7,955 SH   SOLE 7,955 0 0
WILLIAMS COS INC DEL COM 969457100 3,670 90,428 SH   SOLE 90,428 0 0
WILLIAMS COS INC DEL COM 969457100 9,731 239,800 SH Call SOLE 239,800 0 0
WILLIAMS COS INC DEL COM 969457100 5,852 144,200 SH Call SOLE 144,200 0 0
WILLIAMS COS INC DEL COM 969457100 2,666 65,700 SH Call SOLE 65,700 0 0
WILLIAMS COS INC DEL COM 969457100 1,368 33,700 SH Call SOLE 33,700 0 0