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
AMERICAN INTERNATIONAL GROUP COM NEW 026874784 8,939 159,600 SH   DFND   0 159,600 0
CITIGROUP INC COM NEW 172967424 10,849 200,500 SH   DFND   0 200,500 0
FLEXTRONICS INTL LTD ORD Y2573F102 20,442 1,828,400 SH   DFND   0 1,828,400 0
GOODRICH PETROLEUM CORP COM NEW 382410405 598 134,700 SH   DFND   0 134,700 0
GULFPORT ENERGY CORP COM NEW 402635304 1,392 33,342 SH   DFND   0 33,342 0
H&R BLOCK INC COM 093671105 13,624 404,500 SH   DFND   0 404,500 0
INTERACTIVE BROKERS GRO-CL A COM 45841N107 14,110 483,890 SH   DFND   0 483,890 0
INTERXION HOLDING NV SHS N47279109 10,941 400,197 SH   DFND   0 400,197 0
MYLAN INC COM 628530107 11,471 203,500 SH   DFND   0 203,500 0
NOW INC COM 67011P100 15,083 586,200 SH   DFND   0 586,200 0
OCWEN FINANCIAL CORP COM 675746309 4,015 265,870 SH   DFND   0 265,870 0
PDC ENERGY INC COM 69327R101 4,397 106,535 SH   DFND   0 106,535 0
TWENTY-FIRST CENTURY FOX - B CL B 90130A200 7,950 215,500 SH   DFND   0 215,500 0
WELLS FARGO & CO COM 949746101 6,655 121,400 SH   DFND   0 121,400 0