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
BANKRATE INC DEL COM 06647F102 7,205 696,135 SH   DFND 1 696,135 0 0
BANKRATE INC DEL COM 06647F102 730 70,553 SH   SOLE   70,553 0 0
CONSTANT CONTACT INC COM 210313102 6,915 285,255 SH   DFND 1 285,255 0 0
CONSTANT CONTACT INC COM 210313102 687 28,345 SH   SOLE   28,345 0 0
CROCS INC COM 227046109 2,562 198,240 SH   DFND 1 198,240 0 0
EHEALTH INC COM 28238P109 1,880 146,735 SH   DFND 1 146,735 0 0
EHEALTH INC COM 28238P109 240 18,715 SH   SOLE   18,715 0 0
ELLIS PERRY INTL INC COM 288853104 5,961 271,445 SH   DFND 1 271,445 0 0
ELLIS PERRY INTL INC COM 288853104 738 33,610 SH   SOLE   33,610 0 0
FLEXTRONICS INTL LTD ORD Y2573F102 10,984 1,042,150 SH   DFND 1 1,042,150 0 0
FLEXTRONICS INTL LTD ORD Y2573F102 1,087 103,165 SH   SOLE   103,165 0 0
GENERAC HLDGS INC COM 368736104 5,664 188,240 SH   DFND 1 188,240 0 0
GENERAC HLDGS INC COM 368736104 618 20,550 SH   SOLE   20,550 0 0
GROUPON INC COM CL A 399473107 4,129 1,266,660 SH   DFND 1 1,266,660 0 0
GROUPON INC COM CL A 399473107 234 71,750 SH   SOLE   71,750 0 0
ITURAN LOCATION AND CONTROL SHS M6158M104 1,640 79,838 SH   DFND 1 79,838 0 0
ITURAN LOCATION AND CONTROL SHS M6158M104 266 12,935 SH   SOLE   12,935 0 0
KIMBALL ELECTRONICS INC COM 49428J109 5,020 420,822 SH   DFND 1 420,822 0 0
KIMBALL ELECTRONICS INC COM 49428J109 612 51,326 SH   SOLE   51,326 0 0
LIBERTY MEDIA CORP DELAWARE CL A 531229102 7,566 211,810 SH   DFND 1 211,810 0 0
LIBERTY MEDIA CORP DELAWARE CL A 531229102 753 21,085 SH   SOLE   21,085 0 0
LIBERTY MEDIA CORP DELAWARE COM SER C 531229300 9,552 277,190 SH   DFND 1 277,190 0 0
LIBERTY MEDIA CORP DELAWARE COM SER C 531229300 981 28,480 SH   SOLE   28,480 0 0
MEDIA GEN INC NEW COM 58441K100 8,330 595,410 SH   DFND 1 595,410 0 0
MEDIA GEN INC NEW COM 58441K100 480 34,315 SH   SOLE   34,315 0 0
NETWORK 1 TECHNOLOGIES INC COM 64121N109 303 150,000 SH   SOLE   150,000 0 0
NEXSTAR BROADCASTING GROUP I CL A 65336K103 18,720 395,355 SH   DFND 1 395,355 0 0
NEXSTAR BROADCASTING GROUP I CL A 65336K103 1,897 40,055 SH   SOLE   40,055 0 0
POINTS INTL LTD COM NEW 730843208 5,829 536,730 SH   DFND 1 536,730 0 0
POINTS INTL LTD COM NEW 730843208 668 61,515 SH   SOLE   61,515 0 0
SABRE CORP COM 78573M104 11,067 407,160 SH   DFND 1 407,160 0 0
SABRE CORP COM 78573M104 1,273 46,825 SH   SOLE   46,825 0 0
SPDR GOLD TRUST GOLD SHS 78463V107 7,480 70,000 SH Call SOLE   70,000 0 0
STARZ COM SER A 85571Q102 2,904 77,785 SH   DFND 1 77,785 0 0
STARZ COM SER A 85571Q102 314 8,401 SH   SOLE   8,401 0 0
TANGOE INC COM 87582Y108 2,830 393,109 SH   DFND 1 393,109 0 0
TANGOE INC COM 87582Y108 322 44,661 SH   SOLE   44,661 0 0
TECHTARGET INC COM 87874R100 8,371 982,559 SH   DFND 1 982,559 0 0
TECHTARGET INC COM 87874R100 1,178 138,232 SH   SOLE   138,232 0 0
TRUECAR INC COM 89785L107 521 100,000 SH   DFND 1 100,000 0 0
YAHOO INC COM 984332106 2,891 100,000 SH   DFND 1 100,000 0 0