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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
AUTONATION INC COM 05329W102 240,025 4,933,706 SH   SOLE   4,933,706 0 0
GAP INC DEL COM 364760108 6,370 283,887 SH   SOLE   283,887 0 0
HORNBECK OFFSHORE SVCS INC N COM 440543106 2,298 318,217 SH   SOLE   318,217 0 0
LANDS END INC NEW COM 51509F105 101,787 6,718,592 SH   SOLE   6,718,592 0 0
SEARS CDA INC COM 81234D109 39,958 23,504,516 SH   SOLE   23,504,516 0 0
SEARS HLDGS CORP *W EXP 12/15/201 812350155 15,378 4,331,951 SH   SOLE   4,331,951 0 0
SEARS HLDGS CORP COM 812350106 207,502 22,336,105 SH   SOLE   22,336,105 0 0
SEARS HOMETOWN & OUTLET STOR COM 812362101 22,425 4,771,352 SH   SOLE   4,771,352 0 0
SERITAGE GROWTH PPTYS CL A 81752R100 15,081 353,095 SH   SOLE   353,095 0 0
WALTER INVT MGMT CORP COM 93317W102 2,105 443,234 SH   SOLE   443,234 0 0