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
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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
ACADIA PHARMACEUTICALS INC COM 004225108 1,063 32,628 SH   DFND 1 0 32,628 0
AMAZON.COM INC COM 023135106 8,261 22,200 SH   DFND 1 0 22,200 0
AMERICAN AIRLINES GROUP INC COM 02376R102 1,267 24,000 SH   DFND 1 0 24,000 0
AMERICAN TOWER COM 03027X100 483 5,127 SH   DFND 1 0 5,127 0
APPLE COMPUTER INC COM 037833100 22,897 184,015 SH   DFND 1 0 184,015 0
BLACKSTONE GROUP LP COM UNIT LTD 09253U108 12,889 331,433 SH   DFND 1 0 331,433 0
BOEING CO COM 097023105 10,053 66,987 SH   DFND 1 0 66,987 0
BOSTON PROPERTIES INC. COM 101121101 420 2,991 SH   DFND 1 0 2,991 0
CARLYLE GROUP COM UTS LTD PTN 14309L102 271 10,000 SH   DFND 1 0 10,000 0
CBOE HOLDINGS INC COM 12503m108 6,917 120,498 SH   DFND 1 0 120,498 0
CENTENE CORP COM 15135B101 2,121 30,000 SH   DFND 1 0 30,000 0
CHARLES SCHWAB CORP. COM 808513105 11,338 372,464 SH   DFND 1 0 372,464 0
CHIPOTLE MEXICAN GRILL INC COM 169656105 7,793 11,979 SH   DFND 1 0 11,979 0
CME GROUP INC COM 12572q105 15,708 165,849 SH   DFND 1 0 165,849 0
COCA COLA CO COM 191216100 2,920 72,000 SH   DFND 1 0 72,000 0
COMCAST CORP CL-A COM 20030n101 543 9,613 SH   DFND 1 0 9,613 0
CUMMINS INC COM 231021106 10,104 72,876 SH   DFND 1 0 72,876 0
DISNEY WALT CO COM 254687106 16,676 158,981 SH   DFND 1 0 158,981 0
DR HORTON INC COM 23331a109 3,440 120,800 SH   DFND 1 0 120,800 0
EBAY INC COM 278642103 2,769 48,000 SH   DFND 1 0 48,000 0
ELECTRONIC ARTS COM 285512109 10,060 171,041 SH   DFND 1 0 171,041 0
FACEBOOK INC-A COM 30303M102 21,840 265,648 SH   DFND 1 0 265,648 0
GOOGLE INC CL A COM 38259p508 12,079 21,775 SH   DFND 1 0 21,775 0
GOOGLE INC CL C COM 38259p706 5,448 9,941 SH   DFND 1 0 9,941 0
HILTON WORLDWIDE HOLDINGS INC. COM 43300a104 5,515 186,185 SH   DFND 1 0 186,185 0
HOME DEPOT INC COM 437076102 485 4,267 SH   DFND 1 0 4,267 0
HOST HOTELS & RESORT COM 44107P104 403 19,958 SH   DFND 1 0 19,958 0
JD.COM INC-ADR SPON ADR CL A 47215P106 8,846 301,089 SH   DFND 1 0 301,089 0
KEURIG GREEN MOUNTAIN COFFEE R COM 49271m100 4,590 41,079 SH   DFND 1 0 41,079 0
KINDER MORGAN INC COM 49456B101 597 14,194 SH   DFND 1 0 14,194 0
LENNAR CORP COM 526057104 18,316 353,522 SH   DFND 1 0 353,522 0
LENNAR CORP CLASS B COM 526057302 1,384 33,670 SH   DFND 1 0 33,670 0
LIBERTY BROADBAND-A COM SER A 530307107 10,807 191,334 SH   DFND 1 0 191,334 0
LIBERTY BROADBAND-C COM SER C 530307305 3,954 69,862 SH   DFND 1 0 69,862 0
LIBERTY GLOBAL INC CLASS A COM G5480U104 6,498 126,256 SH   DFND 1 0 126,256 0
LIBERTY TRIPADVISOR HDG-A COM 531465102 6,187 194,622 SH   DFND 1 0 194,622 0
LIBERTY VENTURES - SER A COM 53071m880 1,008 24,000 SH   DFND 1 0 24,000 0
LINKEDIN CORP - A COM 53578a108 12,399 49,625 SH   DFND 1 0 49,625 0
MANCHESTER UNITED PLC-CL A ORD CL A G5784H106 5,412 340,159 SH   DFND 1 0 340,159 0
MGIC INVESTMENT CORP COM 552848103 8,195 850,977 SH   DFND 1 0 850,977 0
NIKE CLASS-B COM 654106103 7,558 75,331 SH   DFND 1 0 75,331 0
NXP SEMICONDUCTORS NV COM N6596X109 4,801 47,833 SH   DFND 1 0 47,833 0
OAKTREE CAPITAL GROUP LLC UNIT CL A 674001201 446 8,640 SH   DFND 1 0 8,640 0
RADIAN GROUP COM 750236101 3,440 204,866 SH   DFND 1 0 204,866 0
RYLAND GROUP INC COM 783764103 3,050 62,579 SH   DFND 1 0 62,579 0
STARBUCKS CORP COM 855244109 11,906 125,721 SH   DFND 1 0 125,721 0
TOLL BROTHERS INC COM 889478103 19,023 483,565 SH   DFND 1 0 483,565 0
TWITTER INC COM 90184L102 2,395 47,831 SH   DFND 1 0 47,831 0
VISA INC COM 92826c839 12,558 191,988 SH   DFND 1 0 191,988 0
WEYERHAEUSER CO COM 962166104 376 11,355 SH   DFND 1 0 11,355 0
YAHOO! INC. COM 984332106 16,416 369,429 SH   DFND 1 0 369,429 0
ZILLOW GROUP INC COM 98954M101 9,719 96,902 SH   DFND 1 0 96,902 0
ZYNGA COM 98986T108 2,043 716,804 SH   DFND 1 0 716,804 0
BUCKEYE PARTNERS L.P. UNIT LTD PARTN 118230101 388 5,140 SH   DFND 1 0 5,140 0
ENERGY TRANSFER EQUITY LP COM UT LTD PTN 29273V100 578 9,120 SH   DFND 1 0 9,120 0
ENTERPRISE PRODUCTS PART LP COM 293792107 692 21,000 SH   DFND 1 0 21,000 0
MAGELLAN MIDSTREAM PARTNERS COM UNIT RP LP 559080106 297 3,866 SH   DFND 1 0 3,866 0
NUSTAR ENERGY LP UNIT COM 67058H102 355 5,843 SH   DFND 1 0 5,843 0
ONEOK PARTNERS, L.P. UNIT LTD PARTN 68268n103 381 9,330 SH   DFND 1 0 9,330 0
PLAINS ALL AMERICAN PIPELINE L UNIT LTD PARTN 726503105 277 5,681 SH   DFND 1 0 5,681 0