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
ACE LTD SHS H0023R105 4,374 42,300 SH   SOLE   42,300 0 0
AMERICAN CAPITAL AGENCY CORP COM 02503X105 1,870 100,000 SH   SOLE   100,000 0 0
AMERICAN EXPRESS CO COM 025816109 8,380 113,050 SH   SOLE   113,050 0 0
BANK AMER CORP COM 060505104 21,302 1,367,287 SH   SOLE   1,367,287 0 0
BROOKDALE SR LIVING INC COM 112463104 5,231 227,824 SH   SOLE   227,824 0 0
CIT GROUP INC COM NEW 125581801 1,726 43,118 SH   SOLE   43,118 0 0
CAPITAL ONE FINL CORP COM 14040H105 15,843 218,461 SH   SOLE   218,461 0 0
ENBRIDGE INC COM 29250N105 12,008 323,383 SH   SOLE   323,383 0 0
GOLDMAN SACHS GROUP INC COM 38141G104 21,129 121,599 SH   SOLE   121,599 0 0
JPMORGAN CHASE & CO COM 46625H100 21,444 351,721 SH   SOLE   351,721 0 0
METLIFE INC COM 59156R108 8,091 171,600 SH   SOLE   171,600 0 0
MEMORIAL RESOURCE DEV CORP COM 58605Q109 22,823 1,298,240 SH   SOLE   1,298,240 0 0
AMERICAN CAP MTG INVT CORP COM 02504A104 3,539 240,126 SH   SOLE   240,126 0 0
PRUDENTIAL FINL INC COM 744320102 14,419 189,200 SH   SOLE   189,200 0 0
REGIONS FINL CORP NEW COM 7591EP100 1,397 155,000 SH   SOLE   155,000 0 0
SILVER BAY RLTY TR CORP COM 82735Q102 9,278 579,502 SH   SOLE   579,502 0 0
STATE STR CORP COM 857477103 7,937 118,094 SH   SOLE   118,094 0 0