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
ADVANCED MICRO DEVICES COM 007903907 6,096 1,600,000 SH Call SOLE   0 0 0
ALLIANCE BANCORP PA NEW COM 01890A108 4,453 307,127 SH   SOLE   307,127 0 0
AMERICAN INTL GROUP INC COM NEW 026874784 53,588 1,101,950 SH   SOLE   1,101,950 0 0
ASB BANCORP INC N C COM 00213T109 8,253 481,770 SH   SOLE   481,770 0 0
ASML HOLDING N V N Y REGISTRY SHS N07059210 90,825 919,649 SH   SOLE   919,649 0 0
BANK OF AMERICA CORP *W EXP 01/16/2019 060505146 40,538 6,656,475 SH   SOLE   6,656,475 0 0
COMERICA INC *W EXP 11/14/2018 200340115 34,376 2,482,037 SH   SOLE   2,482,037 0 0
CUSTOMERS BANCORP INC COM 23204G100 3,392 210,709 SH   SOLE   210,709 0 0
DEUTSCHE BANK AG COM D18190958 7,820 230,400 SH Put SOLE   230,400 0 0
ENSCO PLC SHS CLASS A G3157S106 25,186 468,575 SH   SOLE   468,575 0 0
FEDFIRST FINL CORP NEW COM 31429C101 2,868 149,010 SH   SOLE   149,010 0 0
FRANKLIN FINL CORP VA COM 35353C102 7,205 380,000 SH   SOLE   380,000 0 0
FS BANCORP INC COM 30263Y104 4,000 235,270 SH   SOLE   235,270 0 0
GEORGETOWN BANC INC MD COM 372591107 461 32,000 SH   SOLE   32,000 0 0
GOLDMAN SACHS GROUP INC COM 38141G954 41,134 260,000 SH Put SOLE   260,000 0 0
GULFPORT ENERGY CORP COM NEW 402635304 69,166 1,075,000 SH   SOLE   1,075,000 0 0
HAMILTON BANCORP INC MD COM 407015106 1,469 98,924 SH   SOLE   98,924 0 0
HOME BANCORP INC COM 43689E107 11,232 621,902 SH   SOLE   621,902 0 0
HOME FED BANCORP INC MD COM 43710G105 13,492 1,072,461 SH   SOLE   1,072,461 0 0
HOME FED BANCORP LA NEW COM 43708L108 1,111 65,471 SH   SOLE   65,471 0 0
HUNTINGTON INGALLS INDS COM 446413106 38,498 571,182 SH   SOLE   571,182 0 0
IF BANCORP INC COM 44951J105 3,255 202,196 SH   SOLE   202,196 0 0
JPMORGAN CHASE & CO COM 46625H950 38,380 742,500 SH Put SOLE   742,500 0 0
LDK SOLAR CO LTD COM 50183L957 430 222,800 SH   SOLE   222,800 0 0
LOUISIANA BANCORP NEW COM 54619P104 1,086 61,697 SH   SOLE   61,697 0 0
MORGAN STANLEY COM 617446958 53,900 2,000,000 SH Put SOLE   2,000,000 0 0
NAUGATUCK VY FINL MD COM 63906P107 4,784 625,406 SH   SOLE   625,406 0 0
NOBLE CORPORATION BAAR NAMEN -AKT H5833N103 60,744 1,608,255 SH   SOLE   1,608,255 0 0
PENNEY J C INC COM 708160106 1,785 202,780 SH   SOLE   202,780 0 0
POAGE BANKSHARES INC COM 730206109 977 67,627 SH   SOLE   67,627 0 0
POLONIA BANCORP INC MD COM 73158Q109 905 90,526 SH   SOLE   90,526 0 0
REGIONS FINL CORP NEW COM 7591EP100 46,821 5,056,211 SH   SOLE   5,056,211 0 0
SANOFI SPONSORED ADR 80105N105 39,317 776,563 SH   SOLE   776,563 0 0
SIMPLICITY BANCORP COM 828867101 7,183 461,922 SH   SOLE   461,922 0 0
SOUND FINL BANCORP INC COM 83607A100 680 45,000 SH   SOLE   45,000 0 0
SP BANCORP INC COM 78468K106 2,726 138,000 SH   SOLE   138,000 0 0
SUPERVALU INC COM 868536103 6,166 749,199 SH   SOLE   749,199 0 0
TECH DATA CORP COM 878237106 32,632 653,825 SH   SOLE   653,825 0 0
TESLA MTRS INC COM 88160R951 97,652 505,000 SH Put SOLE   505,000 0 0
WELLPOINT INC COM 94973V107 49,330 590,000 SH   SOLE   590,000 0 0
WELLS FARGO & CO NEW *W EXP 10/28/2018 949746119 41,131 2,929,384 SH   SOLE   2,929,384 0 0
WOLVERINE BANCORP INC COM 977880103 4,355 219,964 SH   SOLE   219,964 0 0