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
AK STL HLDG CORP COM 001547108 1,190 200,300 SH   SOLE   200,300 0 0
ALASKA AIR GROUP INC COM 011659109 5,934 99,302 SH   SOLE   99,302 0 0
AMKOR TECHNOLOGY INC COM 031652100 356 50,100 SH   SOLE   50,100 0 0
BANK AMER CORP COM 060505104 3,310 185,000 SH   SOLE   185,000 0 0
CF INDS HLDGS INC COM 125269100 9,013 33,070 SH   SOLE   33,070 0 0
CHINA MOBILE LIMITED SPONSORED ADR 16941M109 2,059 35,000 SH   SOLE   35,000 0 0
CVS HEALTH CORP COM 126650100 2,889 30,000 SH   SOLE   30,000 0 0
FIAT CHRYSLER AUTOMOBILES N SHS N31738102 438 37,864 SH   SOLE   37,864 0 0
GOODYEAR TORE & RUBR CO COM 382550101 714 25,000 SH   SOLE   25,000 0 0
HOLLYFRONTIER CORP COM 436106108 2,423 64,652 SH   SOLE   64,652 0 0
JETBLUE AIRWAYS CORP COM 477143101 3,648 230,000 SH   SOLE   230,000 0 0
LYONDELLBASELL INDUSTRIES N SHS - A - N53745100 4,052 51,039 SH   SOLE   51,039 0 0
MARATHON PETE CORP COM 56585A102 1,805 20,000 SH   SOLE   20,000 0 0
MICRON TECHNOLOGY INC COM 595112103 39,971 1,141,700 SH   SOLE   1,141,700 0 0
MOLINA HEALTHCARE INC COM 60855R100 4,678 87,388 SH   SOLE   87,388 0 0
NORTHERN TIER ENERGY LP COM UN REPR PART 665826103 660 29,790 SH   SOLE   29,790 0 0
NXP SEMICONDUCTORS N V COM N6596X109 5,952 77,900 SH   SOLE   77,900 0 0
OCH ZIFF CAP MGMT GROUP CL A 67551U105 4,683 400,922 SH   SOLE   400,922 0 0
OCI PARTNERS LP COM UNIT REP LP 67091N108 1,177 73,539 SH   SOLE   73,539 0 0
OCI RES LP COM UNIT LTD 67081B106 260 10,100 SH   SOLE   10,100 0 0
RENTECH NITROGEN PARTNERS L COM UNIT 760113100 1,496 142,371 SH   SOLE   142,371 0 0
RITE AID CORP COM 767754104 6,016 800,000 SH   SOLE   800,000 0 0
SANDISK CORP COM 80004C101 14,109 144,000 SH   SOLE   144,000 0 0
SEAGATE TECHNOLOGY PLC SHS G7945M107 5,653 85,000 SH   SOLE   85,000 0 0
SOUTHWEST AIRLS CO COM 844741108 2,971 70,200 SH   SOLE   70,200 0 0
TESORO CORP COM 881609101 1,918 25,800 SH   SOLE   25,800 0 0
T MOBILE US INC COM 872590104 539 20,000 SH   SOLE   20,000 0 0
TRONOX LTD SHS CL A Q9235V101 3,940 165,003 SH   SOLE   165,003 0 0
UNITED CONTL HLDGS INC COM 910047109 11,706 175,000 SH   SOLE   175,000 0 0
UNITED STATES STL CORP NEW COM 912909108 401 15,000 SH   SOLE   15,000 0 0
VALERO ENERGY CORP NEW COM 91913Y100 6,033 121,882 SH   SOLE   121,882 0 0
VERIZON COMMUNICATIONS INC COM 92343V104 5,146 110,000 SH   SOLE   110,000 0 0
WESTERN DIGITAL CORP COM 958102105 8,081 73,000 SH   SOLE   73,000 0 0