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
ACTIVISION BLIZZARD INC COM 00507V109 701 34,300 SH   DFND   34,300 0 0
AMERICAN INTL GROUP INC COM NEW 026874784 1,770 35,400 SH   DFND   35,400 0 0
ANN INC COM 035623107 1,049 25,300 SH   DFND   25,300 0 0
BANK OF AMERICA CORPORATION COM 060505104 3,426 199,169 SH   DFND   199,169 0 0
CHILDRENS PL RETAIL STORES I COM 168905107 2,690 54,000 SH   DFND   54,000 0 0
CITIGROUP INC COM NEW 172967424 4,274 89,782 SH   DFND   89,782 0 0
CITIGROUP INC CALL 172967904 2,180 45,800 SH Call DFND   45,800 0 0
CLEAN ENERGY FUELS CORP COM 184499101 613 68,600 SH   DFND   68,600 0 0
CONVERSANT INC COM 21249J105 642 22,800 SH   DFND   22,800 0 0
CUMULUS MEDIA INC CL A 231082108 1,918 277,100 SH   DFND   277,100 0 0
CVS CAREMARK CORPORATION COM 126650100 2,358 31,500 SH   DFND   31,500 0 0
DISNEY WALT CO COM DISNEY 254687106 1,369 17,100 SH   DFND   17,100 0 0
FINISH LINE INC CL A 317923100 997 36,800 SH   DFND   36,800 0 0
FOOT LOCKER INC COM 344849104 5,136 109,330 SH   DFND   109,330 0 0
FTD COS INC COM 30281V108 1,396 43,900 SH   DFND   43,900 0 0
GAMESTOP CORP NEW CL A 36467W109 1,512 36,800 SH   DFND   36,800 0 0
GENERAL MTRS CO COM 37045V100 2,153 62,550 SH   DFND   62,550 0 0
GNC HLDGS INC COM CL A 36191G107 4,125 93,718 SH   DFND   93,718 0 0
GRAFTECH INTL LTD COM 384313102 3,683 337,282 SH   DFND   337,282 0 0
HOSPIRA INC COM 441060100 990 22,900 SH   DFND   22,900 0 0
JOS A BANK CLOTHIERS INC COM 480838101 739 11,500 SH   DFND   11,500 0 0
JPMORGAN CHASE & CO COM 46625H100 2,820 46,448 SH   DFND   46,448 0 0
KATE SPADE & CO COM 485865109 504 13,600 SH   DFND   13,600 0 0
KOHLS CORP COM 500255104 1,630 28,700 SH   DFND   28,700 0 0
LIBERTY INTERACTIVE CORP INT COM SER A 53071M104 1,744 60,400 SH   DFND   60,400 0 0
LIVE NATION ENTERTAINMENT IN COM 538034109 5,576 256,383 SH   DFND   256,383 0 0
MACYS INC COM 55616P104 4,809 81,107 SH   DFND   81,107 0 0
MICROS SYS INC COM 594901100 963 18,200 SH   DFND   18,200 0 0
NAVIOS MARITIME ACQUIS CORP SHS Y62159101 3,958 1,081,415 SH   DFND   1,081,415 0 0
NAVIOS MARITIME HOLDINGS INC COM Y62196103 696 70,700 SH   DFND   70,700 0 0
NORTH ATLANTIC DRILLING LTD COM G6613P202 15,261 1,726,378 SH   DFND   1,726,378 0 0
OUTERWALL INC COM 690070107 1,108 15,276 SH   DFND   15,276 0 0
PACIFIC DRILLING SA LUXEMBOU REG SHS L7257P106 3,386 311,212 SH   DFND   311,212 0 0
PRUDENTIAL BANCORP INC NEW COM 74431A101 221 20,750 SH   DFND   20,750 0 0
QEP RES INC COM 74733V100 480 16,300 SH   DFND   16,300 0 0
REALOGY HLDGS CORP COM 75605Y106 2,691 61,938 SH   DFND   61,938 0 0
SODASTREAM INTERNATIONAL LTD USD SHS M9068E105 1,301 29,500 SH   DFND   29,500 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 2,412 12,900 SH   DFND   12,900 0 0
SPDR S&P 500 ETF TR PUT 78462F953 8,808 47,100 SH Put DFND   47,100 0 0
THE ADT CORPORATION COM 00101J106 1,722 57,500 SH   DFND   57,500 0 0
TOWN SPORTS INTL HLDGS INC COM 89214A102 792 93,300 SH   DFND   93,300 0 0
TWENTY FIRST CENTY FOX INC CL B 90130A200 1,780 57,200 SH   DFND   57,200 0 0
UNITED RENTALS INC COM 911363109 2,763 29,107 SH   DFND   29,107 0 0
WELLPOINT INC COM 94973V107 4,394 44,137 SH   DFND   44,137 0 0