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
ACTAVIS PLC SHS G0083B108 242,885 943,572 SH   SOLE NONE 943,572 0 0
ADT CORP/THE COM 00101J106 10,869 300,000 SH   SOLE NONE 300,000 0 0
ADVANCED DRAINAGE SYSTEMS INC COM 00790R104 1,149 50,000 SH   SOLE NONE 50,000 0 0
AERCAP HOLDINGS NV SHS N00985106 151,875 3,912,278 SH   SOLE NONE 3,912,278 0 0
AG MORTGAGE INVESTMENT TRUST I COM 001228105 3,714 200,000 SH   SOLE NONE 200,000 0 0
ALLY FINANCIAL INC COM 02005N100 3,543 150,000 SH   SOLE NONE 150,000 0 0
ALTISOURCE PORTFOLIO SOLUTIONS REG SHS L0175J104 76,279 2,257,451 SH   SOLE NONE 2,257,451 0 0
AMERICAN INTERNATIONAL GROUP I COM NEW 026874784 224,725 4,012,226 SH   SOLE NONE 4,012,226 0 0
ANADARKO PETROLEUM CORP COM 032511107 59,091 716,249 SH   SOLE NONE 716,249 0 0
APPLE INC COM 037833100 42,363 383,790 SH   SOLE NONE 383,790 0 0
ARBOR REALTY TRUST INC COM 038923108 183 27,000 SH   SOLE NONE 27,000 0 0
ASHLAND INC COM 044209104 104,345 871,287 SH   SOLE NONE 871,287 0 0
ATLAS ENERGY LP COM UNITS LP 04930A104 181,670 5,832,098 SH   SOLE NONE 5,832,098 0 0
ATLAS PIPELINE PARTNERS LP UNIT LP INT 049392103 91,531 3,357,705 SH   SOLE NONE 3,357,705 0 0
ATLAS RESOURCE PARTNERS LP COM UNT LTD PR 04941A101 56,946 5,322,095 SH   SOLE NONE 5,322,095 0 0
ATLAS RESOURCE PARTNERS LP COM UNT LTD PR 04941A101 10,370 969,200 SH   SOLE NONE 969,200 0 0
BAKER HUGHES INC COM 057224107 3,673 65,500 SH   SOLE NONE 65,500 0 0
BLUEBIRD BIO INC COM 09609G100 2,293 25,000 SH   SOLE NONE 25,000 0 0
CABOT OIL & GAS CORP COM 127097103 44,251 1,494,462 SH   SOLE NONE 1,494,462 0 0
CAESARS ACQUISITION CO CL A 12768T103 4,813 466,792 SH   SOLE NONE 466,792 0 0
CAESARS ENTERTAINMENT CORP COM 127686103 122,633 7,815,990 SH   SOLE NONE 7,815,990 0 0
CDW CORP/DE COM 12514G108 1,759 50,000 SH   SOLE NONE 50,000 0 0
CENTURY COMMUNITIES INC COM 156504300 4,320 250,000 SH   SOLE NONE 250,000 0 0
CHIMERA INVESTMENT CORP COM 16934Q109 158,240 49,760,901 SH   SOLE NONE 49,760,901 0 0
CITIGROUP INC COM NEW 172967424 229,716 4,245,350 SH   SOLE NONE 4,245,350 0 0
COMCAST CORP CL A SPL 20030N200 102,407 1,778,972 SH   SOLE NONE 1,778,972 0 0
DISH NETWORK CORP CL A 25470M109 161,454 2,215,043 SH   SOLE NONE 2,215,043 0 0
E*TRADE FINANCIAL CORP COM NEW 269246401 166,952 6,883,204 SH   SOLE NONE 6,883,204 0 0
EASTMAN CHEMICAL CO COM 277432100 123,488 1,627,835 SH   SOLE NONE 1,627,835 0 0
EBAY INC COM 278642103 198,076 3,529,500 SH   SOLE NONE 3,529,500 0 0
ECLIPSE RESOURCES CORP COM 27890G100 2,082 296,190 SH   SOLE NONE 296,190 0 0
ELLINGTON FINANCIAL LLC COM 288522303 22,920 1,148,300 SH   SOLE NONE 1,148,300 0 0
ENERGY XXI LTD USD UNRS SHS G10082140 2,038 625,000 SH   SOLE NONE 625,000 0 0
FCB FINANCIAL HOLDINGS INC CL A 30255G103 24,715 1,003,034 SH   SOLE NONE 1,003,034 0 0
FCB FINANCIAL HOLDINGS INC CL A 30255G103 13,552 550,000 SH   SOLE NONE 550,000 0 0
FIFTH STREET ASSET MANAGEMENT CL A COM 31679P109 3,488 250,000 SH   SOLE NONE 250,000 0 0
GAMING AND LEISURE PROPERTIES COM 36467J108 81,776 2,787,200 SH   SOLE NONE 2,787,200 0 0
GILEAD SCIENCES INC COM 375558103 57,734 612,500 SH   SOLE NONE 612,500 0 0
GROUPON INC COM CL A 399473107 99,293 12,020,975 SH   SOLE NONE 12,020,975 0 0
GRUBHUB INC COM 400110102 1,816 50,000 SH   SOLE NONE 50,000 0 0
GULF COAST ULTRA DEEP ROYALTY ROYALTY TR UNT 40222T104 23,910 18,826,993 SH   SOLE NONE 18,826,993 0 0
HARBINGER GROUP INC COM 41146A106 58,271 4,115,163 SH   SOLE NONE 4,115,163 0 0
HARBINGER GROUP INC COM 41146A106 94,815 6,696,000 SH   SOLE NONE 6,696,000 0 0
HCA HOLDINGS INC COM 40412C101 79,885 1,088,500 SH   SOLE NONE 1,088,500 0 0
INC RESEARCH HOLDINGS INC CL A 45329R109 2,569 100,000 SH   SOLE NONE 100,000 0 0
JPMORGAN CHASE & CO COM 46625H100 58,888 941,000 SH   SOLE NONE 941,000 0 0
JUNO THERAPEUTICS INC COM 48205A109 2,611 50,000 SH   SOLE NONE 50,000 0 0
KAR AUCTION SERVICES INC COM 48238T109 117,019 3,377,161 SH   SOLE NONE 3,377,161 0 0
KINDER MORGAN INC/DE COM 49456B101 47,665 1,126,567 SH   SOLE NONE 1,126,567 0 0
KKR & CO LP COM UNITS 48248M102 83,710 3,606,622 SH   SOLE NONE 3,606,622 0 0
LAREDO PETROLEUM INC COM 516806106 21,735 2,100,000 SH   SOLE NONE 2,100,000 0 0
LENDINGCLUB CORP COM 52603A109 1,265 50,000 SH   SOLE NONE 50,000 0 0
LORAL SPACE & COMMUNICATIONS I COM 543881106 76,593 973,109 SH   SOLE NONE 973,109 0 0
LYONDELLBASELL INDUSTRIES NV SHS - A - N53745100 87,648 1,104,022 SH   SOLE NONE 1,104,022 0 0
MCKESSON CORP COM 58155Q103 148,462 715,203 SH   SOLE NONE 715,203 0 0
MEDIA GENERAL INC COM 58441K100 3,453 206,366 SH   SOLE NONE 206,366 0 0
MELCO CROWN ENTERTAINMENT LTD ADR 585464100 41,369 1,628,693 SH   SOLE NONE 1,628,693 0 0
METLIFE INC COM 59156R108 3,624 67,000 SH   SOLE NONE 67,000 0 0
MOELIS & CO CL A 60786M105 1,693 48,480 SH   SOLE NONE 48,480 0 0
MOTOROLA SOLUTIONS INC COM NEW 620076307 166,008 2,474,776 SH   SOLE NONE 2,474,776 0 0
NAVIENT CORP COM 63938C108 206,986 9,578,247 SH   SOLE NONE 9,578,247 0 0
NEFF CORP COM 640094207 2,254 200,000 SH   SOLE NONE 200,000 0 0
NEW MEDIA INVESTMENT GROUP INC COM 64704V106 61,248 2,591,975 SH   SOLE NONE 2,591,975 0 0
NEW RESIDENTIAL INVESTMENT COR COM NEW 64828T201 73,079 5,722,681 SH   SOLE NONE 5,722,681 0 0
NEW SENIOR INVESTMENT GROUP IN COM 648691103 42,836 2,604,000 SH   SOLE NONE 2,604,000 0 0
NORDIC AMERICAN OFFSHORE LTD SHS Y6366T112 62,741 5,109,179 SH   SOLE NONE 5,109,179 0 0
ON DECK CAPITAL INC COM 682163100 2,804 125,000 SH   SOLE NONE 125,000 0 0
ORION ENGINEERED CARBONS SA COM L72967109 10,784 634,700 SH   SOLE NONE 634,700 0 0
PARSLEY ENERGY INC CL A 701877102 1,577 98,800 SH   SOLE NONE 98,800 0 0
PENNYMAC FINANCIAL SERVICES IN CL A 70932B101 56,945 3,291,600 SH   SOLE NONE 3,291,600 0 0
PENNYMAC MORTGAGE INVESTMENT T COM 70931T103 60,788 2,882,301 SH   SOLE NONE 2,882,301 0 0
PVH CORP COM 693656100 76,292 595,241 SH   SOLE NONE 595,241 0 0
QEP RESOURCES INC COM 74733V100 88,138 4,358,927 SH   SOLE NONE 4,358,927 0 0
REALOGY HOLDINGS CORP COM 75605Y106 67,236 1,511,262 SH   SOLE NONE 1,511,262 0 0
RENTRAK CORP COM 760174102 1,456 20,000 SH   SOLE NONE 20,000 0 0
SANCHEZ ENERGY CORP COM 79970Y105 6,062 652,500 SH   SOLE NONE 652,500 0 0
SANDRIDGE ENERGY INC COM 80007P307 58,536 32,162,580 SH   SOLE NONE 32,162,580 0 0
SHIRE PLC SPONSORED ADR 82481R106 100,582 473,237 SH   SOLE NONE 473,237 0 0
SIENTRA INC COM 82621J105 421 25,095 SH   SOLE NONE 25,095 0 0
SIRIUS XM HOLDINGS INC COM 82968B103 201,911 57,688,894 SH   SOLE NONE 57,688,894 0 0
SUNEDISON INC COM 86732Y109 176,179 9,030,171 SH   SOLE NONE 9,030,171 0 0
TEEKAY LNG PARTNERS LP PRT NRSP UNITS Y8564M105 860 20,000 SH   SOLE NONE 20,000 0 0
TEEKAY TANKERS LTD CL A Y8565N102 1,265 250,000 SH   SOLE NONE 250,000 0 0
TERRAFORM POWER INC CL A COM 88104R100 24,266 785,800 SH   SOLE NONE 785,800 0 0
TERRAFORM POWER INC CL A COM 88104R100 39,526 1,333,334 SH   SOLE NONE 1,333,334 0 0
THL CREDIT INC COM 872438106 10,990 934,551 SH   SOLE NONE 934,551 0 0
TIME WARNER CABLE INC COM 88732J207 40,387 265,600 SH   SOLE NONE 265,600 0 0
TIME WARNER INC COM NEW 887317303 74,700 874,500 SH   SOLE NONE 874,500 0 0
TRANSOCEAN PARTNERS LLC COM UNIT RP LT Y8977Y100 17,100 1,169,628 SH   SOLE NONE 1,169,628 0 0
TRIBUNE MEDIA CO CL A 896047503 171,321 2,866,341 SH   SOLE NONE 2,866,341 0 0
TWO HARBORS INVESTMENT CORP COM 90187B101 1,002 100,000 SH   SOLE NONE 100,000 0 0
UNITED CONTINENTAL HOLDINGS IN COM 910047109 197,250 2,948,874 SH   SOLE NONE 2,948,874 0 0
VIVINT SOLAR INC COM 92854Q106 4,534 491,750 SH   SOLE NONE 491,750 0 0
WEYERHAEUSER CO COM 962166104 5,003 139,400 SH   SOLE NONE 139,400 0 0
WPX ENERGY INC COM 98212B103 33,452 2,876,361 SH   SOLE NONE 2,876,361 0 0