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

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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
ALLY FINL INC COM 02005N100 8,456 495,415 SH   SOLE   495,415 0 0
CHENIERE ENERGY INC COM NEW 16411R208 16,908 450,304 SH   SOLE   450,304 0 0
CHENIERE ENERGY INC COM NEW 16411R208 7,510 200,000 SH Call SOLE   200,000 0 0
ISHARES TR CHINA LG-CAP ETF 464287184 68,440 2,000,000 SH Put SOLE   2,000,000 0 0
ISHARES TR IBOXX HI YD ETF 464288513 99,946 1,180,000 SH Put SOLE   1,180,000 0 0
RIO TINTO PLC SPONSORED ADR 767204100 6,260 200,000 SH Put SOLE   200,000 0 0
SPDR SERIES TRUST S&P METALS MNG 78464A755 21,969 900,000 SH Put SOLE   900,000 0 0
STRAIGHT PATH COMMUNICATNS I CL B 862578101 1,503 54,331 SH   SOLE   54,331 0 0
TERRAFORM PWR INC CL A COM 88104R100 17,712 1,625,000 SH   SOLE   1,625,000 0 0
WESTMORELAND COAL CO COM 960878106 6,969 732,061 SH   SOLE   732,061 0 0