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
ALLIANCE BANCORP PA NEW COM 01890A108 4,989 307,127 SH   SOLE   307,127 0 0
AMERICAN INTL GROUP INC COM NEW 026874784 60,144 1,101,950 SH   SOLE   1,101,950 0 0
AMERICAN INTL GROUP INC COM NEW 026874904 20,195 370,000 SH Call SOLE   0 0 0
ASB BANCORP INC N C COM 00213T109 10,103 481,770 SH   SOLE   481,770 0 0
BANK OF AMERICA CORP *W EXP 01/16/2019 060505146 45,663 6,656,475 SH   SOLE   6,656,475 0 0
CACHE INC COM NEW 127150308 79 49,323 SH   SOLE   49,323 0 0
CENTERSTATE BANKS INC COM 15201P109 2,445 218,304 SH   SOLE   218,304 0 0
COMERICA INC *W EXP 11/14/2018 200340115 50,885 2,416,173 SH   SOLE   2,416,173 0 0
CORINTHIAN COLLEGES INC COM 218868107 141 475,000 SH   SOLE   475,000 0 0
DEUTSCHE BANK AG COM D18190958 19,525 555,000 SH Put SOLE   555,000 0 0
DIREXION SHS ETF TR CALL 25459Y908 3,819 300,000 SH Call SOLE   0 0 0
DIREXION SHS ETF TR CALL 25459Y904 5,322 300,000 SH Call SOLE   0 0 0
FEDFIRST FINL CORP NEW COM 31429C101 3,263 149,010 SH   SOLE   149,010 0 0
FRANKLIN FINL CORP VA COM 35353C102 8,246 380,000 SH   SOLE   380,000 0 0
GULFPORT ENERGY CORP COM NEW 402635304 70,022 1,114,998 SH   SOLE   1,114,998 0 0
HAMILTON BANCORP INC MD COM 407015106 1,281 98,924 SH   SOLE   98,924 0 0
HOME BANCORP INC COM 43689E107 13,692 621,795 SH   SOLE   621,795 0 0
HOME FED BANCORP LA NEW COM 43708L108 1,279 65,471 SH   SOLE   65,471 0 0
IF BANCORP INC COM 44951J105 3,334 202,196 SH   SOLE   202,196 0 0
INVESTORS BANCORP INC NEW COM 46146L101 7,127 645,000 SH   SOLE   645,000 0 0
JPMORGAN CHASE & CO COM 46625H950 27,658 480,000 SH Put SOLE   480,000 0 0
LOUISIANA BANCORP INC NEW COM 54619P104 1,224 61,697 SH   SOLE   61,697 0 0
MEDIA GEN INC CL A 584404107 2,099 102,219 SH   SOLE   102,219 0 0
MORGAN STANLEY COM 617446958 23,278 720,000 SH Put SOLE   720,000 0 0
NOBLE CORP PLC SHS USD G65431101 64,632 1,925,855 SH   SOLE   1,925,855 0 0
POAGE BANKSHARES INC COM 730206109 997 67,627 SH   SOLE   67,627 0 0
POLONIA BANCORP INC MD COM 73158Q109 934 90,526 SH   SOLE   90,526 0 0
PRUDENTIAL BANCORP INC NEW COM 74431A101 5,470 475,250 SH   SOLE   475,250 0 0
RICE ENERGY INC COM 762760106 75,714 2,486,489 SH   SOLE   2,486,489 0 0
SANOFI SPONSORED ADR 80105N105 41,077 772,563 SH   SOLE   772,563 0 0
SIMPLICITY BANCORP COM 828867101 8,061 461,922 SH   SOLE   461,922 0 0
SOUND FINL BANCORP INC COM 83607A100 787 45,000 SH   SOLE   45,000 0 0
SP BANCORP INC COM 78468K106 3,947 136,700 SH   SOLE   136,700 0 0
SUPERVALU INC COM 868536103 8,015 975,000 SH   SOLE   975,000 0 0
TESLA MTRS INC COM 88160R951 65,896 274,500 SH Put SOLE   274,500 0 0
WELLPOINT INC COM 94973V107 71,561 665,000 SH   SOLE   665,000 0 0
WELLS FARGO & CO NEW *W EXP 10/28/2018 949746119 63,216 2,929,384 SH   SOLE   2,929,384 0 0
WET SEAL INC CL A 961840105 81 89,500 SH   SOLE   89,500 0 0
WOLVERINE BANCORP INC COM 977880103 4,993 219,964 SH   SOLE   219,964 0 0