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
ADT Corp/The COM 00101J106 10,118 250,000 SH Call SOLE   250,000 0 0
AIRCASTLE LTD COM G0129K104 1,401 73,100 SH Call SOLE   73,100 0 0
AIR LEASE CORP CL A 00912X302 4,662 150,000 SH Call SOLE   150,000 0 0
Allegion PLC ORD SHS G0176J109 2,093 47,368 SH   SOLE   47,368 0 0
ALLIANT TECHSYSTEMS INC COM 018804104 1,217 10,000 SH   SOLE   10,000 0 0
ALPHA NATURAL RESOURCES INC COM 02076X102 1,000 140,000 SH   SOLE   140,000 0 0
Altisource Asset Management Co COM 02153X108 30,634 32,940 SH   SOLE   32,940 0 0
Altisource Portfolio Solutions. REG SHS L0175J104 30,140 190,000 SH   SOLE   190,000 0 0
Altisource Residential Corp CL B 02153W100 18,003 597,920 SH   SOLE   597,920 0 0
AMAZON.COM INC COM 023135106 523 1,311 SH   SOLE   1,311 0 0
AMERADA HESS CORP COM 42809H107 16,600 200,000 SH Call SOLE   200,000 0 0
AMERADA HESS CORP COM 42809H107 10,488 126,365 SH   SOLE   126,365 0 0
American Airlines Group Inc COM 02376R102 42,294 1,675,000 SH   SOLE   1,675,000 0 0
AMERICAN INTERNATIONAL GROUP COM NEW 026874784 4,600 90,117 SH   SOLE   90,117 0 0
American Realty Capital Proper COM 02917T104 3,213 250,000 SH Call SOLE   250,000 0 0
AMERIPRISE FINANCIAL INC COM 03076C106 28,763 250,000 SH   SOLE   250,000 0 0
AMEX ENERGY SELECT INDX SBI INT-ENERGY 81369Y506 9,894 111,786 SH   SOLE   111,786 0 0
AMEX FINANCIAL SELEXT SPDR. SBI INT-FINL 81369Y605 32,790 1,500,000 SH Call SOLE   1,500,000 0 0
AMEX FINANCIAL SELEXT SPDR. SBI INT-FINL 81369Y605 15,849 725,000 SH   SOLE   725,000 0 0
ANADARKO PETROLEUM CORP COM 032511107 11,898 150,000 SH Call SOLE   150,000 0 0
ANADARKO PETROLEUM CORP COM 032511107 10,389 130,976 SH   SOLE   130,976 0 0
ANHEUSER-BUSCH INBEV NV SPONSORED ADR 03524A108 21,260 199,700 SH   SOLE   199,700 0 0
ANTHERA PHARMACE COM NEW 03674U201 690 224,800 SH   SOLE   224,800 0 0
APOLLO COMMERCIAL REAL ESTAT COM 03762U105 3,494 215,000 SH   SOLE   215,000 0 0
APPLE INC. COM 037833100 66,308 118,192 SH   SOLE   118,192 0 0
ARCH COAL INC. COM 039380100 1,424 320,000 SH   SOLE   320,000 0 0
ARMSTRONG WORLD INDUSTRIES COM 04247X102 6,732 116,850 SH   SOLE   116,850 0 0
ASSURED GUARANTY LTD COM G0585R106 153,829 6,520,936 SH   SOLE   6,520,936 0 0
AUTONATION INC COM 05329W102 4,224 85,000 SH   SOLE   85,000 0 0
Avianca Holdings SA SPON ADR REP PFD 05367G100 8,183 530,000 SH   SOLE   530,000 0 0
AVIS BUDGET GROUP INC COM 053774105 2,021 50,000 SH Put SOLE   50,000 0 0
BAIDU.COM - SPON ADR. SPON ADR REP A 056752108 110,093 618,915 SH   SOLE   618,915 0 0
BAKER HUGHES INC COM 057224107 3,846 69,600 SH   SOLE   69,600 0 0
BALLY TECHNOLOGIES INC COM 05874B107 1,569 20,000 SH   SOLE   20,000 0 0
Banco Santander Chile SP ADR REP COM 05965X109 2,716 115,250 SH   SOLE   115,250 0 0
BANK OF AMERICA CORP COM 060505104 23,865 1,532,787 SH   SOLE   1,532,787 0 0
BASIC INDUSTRIES SPDR SBI MATERIALS 81369Y100 9,405 203,482 SH   SOLE   203,482 0 0
Beam Inc COM 073730103 2,722 40,000 SH   SOLE   40,000 0 0
BERKSHIRE HATHAWAY INC-CL B CL B NEW 084670702 518 4,371 SH   SOLE   4,371 0 0
BEST BUY CO INC COM 086516101 12,443 312,000 SH   SOLE   312,000 0 0
BioAmber Inc *W EXP 05/09/201 09072Q114 186 255,000 SH   SOLE   255,000 0 0
Blackberry Ltd COM 09228F103 2,976 400,000 SH Call SOLE   400,000 0 0
BLACK HILLS CORP COM 092113109 13,128 250,000 SH   SOLE   250,000 0 0
BLACKROCK INC COM 09247X101 6,329 20,000 SH   SOLE   20,000 0 0
BOEING CO COM 097023105 2,730 20,000 SH   SOLE   20,000 0 0
BOINGO COM 09739C102 18,016 2,810,643 SH   SOLE   2,810,643 0 0
BORGWARNER INC COM 099724106 1,118 20,000 SH   SOLE   20,000 0 0
BRE PROPERTIES INC CL A 05564E106 2,736 50,000 SH Call SOLE   50,000 0 0
BROADCOM CORP-CL A CL A 111320107 1,482 50,000 SH   SOLE   50,000 0 0
BROOKDALE SENIOR LIVING INC COM 112463104 3,126 115,000 SH   SOLE   115,000 0 0
Burger King Worldwide Inc COM 121220107 8,001 350,000 SH   SOLE   350,000 0 0
Cabot Oil Gas Corp COM 127097103 13,411 346,000 SH   SOLE   346,000 0 0
CALPINE CORP COM NEW 131347304 7,804 400,000 SH   SOLE   400,000 0 0
CAMECO CORP COM 13321L108 9,450 455,000 SH   SOLE   455,000 0 0
CANADIAN PACIFIC RAILWAY LTD COM 13645T100 10,592 70,000 SH   SOLE   70,000 0 0
CAPITAL ONE FINANCIAL CORP COM 14040H105 206,847 2,700,000 SH   SOLE   2,700,000 0 0
Capitol Acquisition Corp II UNIT 99/99/9999 14056V204 9,217 882,000 SH   SOLE   882,000 0 0
CARRIZO OIL GAS INC COM 144577103 895 20,000 SH   SOLE   20,000 0 0
CARTER'S INC COM 146229109 4,110 57,250 SH   SOLE   57,250 0 0
Caterpillar Inc COM 149123101 19,524 215,000 SH Call SOLE   215,000 0 0
CBS CORP-CLASS B CL B 124857202 206,109 3,233,595 SH   SOLE   3,233,595 0 0
CELGENE CORP COM 151020104 845 5,000 SH   SOLE   5,000 0 0
CENTURYTEL INC. COM 156700106 23,888 750,000 SH Call SOLE   750,000 0 0
CF INDUSTRIES HOLDINGS INC COM 125269100 7,644 32,800 SH   SOLE   32,800 0 0
CHARTER COMMUNICATIONS-CL A CL A NEW 16117M305 518 3,788 SH   SOLE   3,788 0 0
Cheniere Energy Partners LP Ho COM REP LLC IN 16411W108 32,438 1,730,000 SH   SOLE   1,730,000 0 0
CHICAGO BRIDGE IRON-NY SHR COM 167250109 2,079 25,000 SH   SOLE   25,000 0 0
CHICAGO MERCANTILE EXCHANG-A COM 12572Q105 8,238 105,000 SH   SOLE   105,000 0 0
CIA VALE DO RIO DOCE-ADR ADR REPSTG PFD 91912E204 15,691 1,120,000 SH   SOLE   1,120,000 0 0
CIMAREX ENERGY CO COM 171798101 5,665 54,000 SH   SOLE   54,000 0 0
CINCINNATI BELL INC COM 171871106 1,032 290,000 SH   SOLE   290,000 0 0
CISCO SYSTEMS INC COM 17275R102 56,075 2,500,000 SH Call SOLE   2,500,000 0 0
CISCO SYSTEMS INC COM 17275R102 57,757 2,575,000 SH   SOLE   2,575,000 0 0
CISCO SYSTEMS INC COM 17275R102 56,075 2,500,000 SH Put SOLE   2,500,000 0 0
CIT GROUP INC COM NEW 125581801 28,672 550,000 SH Call SOLE   550,000 0 0
CIT GROUP INC COM NEW 125581801 28,932 555,000 SH   SOLE   555,000 0 0
CITIGROUP INC COM NEW 172967424 5,211 100,000 SH Call SOLE   100,000 0 0
CITIGROUP INC COM NEW 172967424 68,255 1,309,821 SH   SOLE   1,309,821 0 0
CITRIX SYSTEMS INC COM 177376100 9,045 143,000 SH   SOLE   143,000 0 0
COBALT INTERNATIONAL ENERGY COM 19075F106 4,113 250,000 SH Call SOLE   250,000 0 0
COBALT INTERNATIONAL ENERGY COM 19075F106 5,346 325,000 SH   SOLE   325,000 0 0
COMCAST CORP-CL A CL A 20030N101 534 10,273 SH   SOLE   10,273 0 0
COMPUWARE CORP COM 205638109 8,968 800,000 SH   SOLE   800,000 0 0
COMSTOCK RESOURCES INC COM NEW 205768203 2,067 113,000 SH   SOLE   113,000 0 0
CONN'S INC COM 208242107 11,903 151,260 SH   SOLE   151,260 0 0
CONSTELLATION BRANDS INC-A CL A 21036P108 15,132 215,000 SH   SOLE   215,000 0 0
CONSUMER DISCRETIONARY SELT SBI CONS DISCR 81369Y407 8,946 133,864 SH   SOLE   133,864 0 0
COPA HOLDINGS SA-CLASS A CL A P31076105 4,107 25,650 SH   SOLE   25,650 0 0
COSTCO WHOLESALE CORP COM 22160K105 1,190 10,000 SH   SOLE   10,000 0 0
CREDICORP LTD COM G2519Y108 5,090 38,350 SH   SOLE   38,350 0 0
CROWN CASTLE INTL CORP COM 228227104 496 6,752 SH   SOLE   6,752 0 0
CTRIP.COM INTERNATIONAL-ADR AMERICAN DEP SHS 22943F100 9,036 182,100 SH   SOLE   182,100 0 0
CUMULUS MEDIA INC-CL A CL A 231082108 773 100,000 SH   SOLE   100,000 0 0
DANAHER CORP COM 235851102 772 10,000 SH   SOLE   10,000 0 0
DECKERS OUTDOOR CORP COM 243537107 422 5,000 SH   SOLE   5,000 0 0
DEERE CO COM 244199105 6,850 75,000 SH Call SOLE   75,000 0 0
DELTA AIR LINES INC COM NEW 247361702 31,391 1,142,724 SH   SOLE   1,142,724 0 0
DENDREON CORP 2.875% 01/15/2016 NOTE 2.875% 1/1 24823QAC1 1,588 2,500,000 SH   SOLE   2,500,000 0 0
Diamondback Energy Inc COM 25278X109 8,197 155,000 SH   SOLE   155,000 0 0
DILLARDS INC-CL A CL A 254067101 2,090 21,500 SH   SOLE   21,500 0 0
DISCOVER FINANCIAL SERVICES COM 254709108 98,155 1,754,329 SH   SOLE   1,754,329 0 0
DISH NETWORK CORP-A CL A 25470M109 546 9,429 SH   SOLE   9,429 0 0
DOLLAR GENERAL CORP COM 256677105 34,096 565,250 SH   SOLE   565,250 0 0
DOLLAR TREE STORES INC COM 256746108 17,540 310,875 SH   SOLE   310,875 0 0
DOW CHEMICAL COM 260543103 4,440 100,000 SH Call SOLE   100,000 0 0
DR HORTON INC COM 23331A109 2,232 100,000 SH Call SOLE   100,000 0 0
EASTMAN CHEMICAL COMPANY COM 277432100 6,053 75,000 SH   SOLE   75,000 0 0
EBAY INC COM 278642103 16,460 300,000 SH Call SOLE   300,000 0 0
EBAY INC COM 278642103 534 9,733 SH   SOLE   9,733 0 0
Emerald Oil Inc COM NEW 29101U209 3,830 500,000 SH   SOLE   500,000 0 0
ENERGEN CORP COM 29265N108 2,476 35,000 SH   SOLE   35,000 0 0
ENERGY PARTNERS LTD COM 26883D108 1,026 36,000 SH   SOLE   36,000 0 0
ENPRO INDUSTRIES INC COM 29355X107 6,918 120,000 SH   SOLE   120,000 0 0
ENTERGY CORP COM 29364G103 6,327 100,000 SH Call SOLE   100,000 0 0
EOG RESOURCES INC. COM 26875P101 19,570 116,600 SH   SOLE   116,600 0 0
EQUINIX INC COM NEW 29444U502 12,470 70,276 SH   SOLE   70,276 0 0
EXPEDIA INC COM NEW 30212P303 9,683 139,000 SH   SOLE   139,000 0 0
EXPRESS SCRIPTS INC COM 30219G108 526 7,495 SH   SOLE   7,495 0 0
Facebook Inc CL A 30303M102 62,785 1,148,877 SH   SOLE   1,148,877 0 0
FIDELITY NATIONAL FINL-A CL A 31620R105 16,063 495,000 SH   SOLE   495,000 0 0
Fifth Pacific Co Inc COM 316645100 11,973 373,350 SH   SOLE   373,350 0 0
FINISH LINE/THE - CL A CL A 317923100 3,465 123,000 SH   SOLE   123,000 0 0
First Trust Dow Jones Internet DJ INTERNT IDX 33733E302 17,778 297,000 SH   SOLE   297,000 0 0
FLEETCOR TECHNOL COM 339041105 503 4,289 SH   SOLE   4,289 0 0
FLUOR CORP COM 343412102 803 10,000 SH   SOLE   10,000 0 0
FOOT LOCKER INC COM 344849104 5,105 123,200 SH   SOLE   123,200 0 0
FORD MOTOR CO COM PAR $0.01 345370860 1,543 100,000 SH   SOLE   100,000 0 0
FORESTAR REAL ESTATE GROUP COM 346233109 3,625 170,426 SH   SOLE   170,426 0 0
FOSTER WHEELER LTD COM H27178104 6,600 200,000 SH Call SOLE   200,000 0 0
FOSTER WHEELER LTD COM H27178104 3,735 113,185 SH   SOLE   113,185 0 0
FREEPORT-MCMORAN COPPER-B COM 35671D857 550 14,582 SH   SOLE   14,582 0 0
FTD Cos Inc COM 30281V108 1,629 50,000 SH   SOLE   50,000 0 0
FTSE China 25 Index CHINA LG-CAP ETF 464287184 19,175 500,000 SH Call SOLE   500,000 0 0
FTSE China 25 Index CHINA LG-CAP ETF 464287184 12,617 329,000 SH Put SOLE   329,000 0 0
FTSE China 25 Index CHINA LG-CAP ETF 464287184 95,875 2,500,000 SH   SOLE   2,500,000 0 0
GAP INC/THE COM 364760108 4,889 125,100 SH   SOLE   125,100 0 0
GENERAL ELECTRIC CO COM 369604103 5,606 200,000 SH Call SOLE   200,000 0 0
GENERAL ELECTRIC CO COM 369604103 2,803 100,000 SH   SOLE   100,000 0 0
GENERAL MOTORS CORP COM 37045V100 12,261 300,000 SH Call SOLE   300,000 0 0
GENERAL MOTORS CORP COM 37045V100 197,876 4,841,584 SH   SOLE   4,841,584 0 0
GENERAL MOTORS CORP *W EXP 12/31/201 37045V134 14,493 2,616,007 SH   SOLE   2,616,007 0 0
Genie Energy Ltd CL B 372284208 1,021 100,000 SH   SOLE   100,000 0 0
GILDAN ACTIVEWEAR INC COM 375916103 2,666 50,000 SH   SOLE   50,000 0 0
GILEAD SCIENCES INC COM 375558103 22,530 300,000 SH   SOLE   300,000 0 0
Global Defense National Secu COM 37953N108 2,764 275,000 SH   SOLE   275,000 0 0
GOODRICH PETROLEUM CORP COM NEW 382410405 2,638 155,000 SH   SOLE   155,000 0 0
GOODYEAR TIRE RUBBER CO COM 382550101 11,925 500,000 SH   SOLE   500,000 0 0
GOOGLE INC-CL A CL A 38259P508 2,765 2,467 SH   SOLE   2,467 0 0
GULFPORT ENERGY CORP COM NEW 402635304 12,689 201,000 SH   SOLE   201,000 0 0
HALLIBURTON CO COM 406216101 4,568 90,000 SH   SOLE   90,000 0 0
HARTFORD FINANCIAL SVCS GRP COM 416515104 143,109 3,950,000 SH   SOLE   3,950,000 0 0
HCA HOLDINGS INC. COM 40412C101 5,964 125,000 SH   SOLE   125,000 0 0
HD Supply Holdings Inc COM 40416M105 3,001 125,000 SH   SOLE   125,000 0 0
HEALTH CARE PPTYS INVEST INC COM 40414L109 10,896 300,000 SH Call SOLE   300,000 0 0
HEALTH CARE SELECT SECTOR SBI HEALTHCARE 81369Y209 30,304 546,601 SH   SOLE   546,601 0 0
Herbalife Ltd COM USD SHS G4412G101 3,935 50,000 SH Call SOLE   50,000 0 0
HERBALIFE LTD COM USD SHS G4412G101 3,109 39,500 SH   SOLE   39,500 0 0
HERTZ GLOBAL HOLDINGS INC COM 42805T105 4,865 170,000 SH Call SOLE   170,000 0 0
HERTZ GLOBAL HOLDINGS INC COM 42805T105 105,089 3,671,864 SH   SOLE   3,671,864 0 0
HEXCEL CORP COM 428291108 3,352 75,000 SH   SOLE   75,000 0 0
Hillshire Brands Co COM 432589109 10,450 312,500 SH Call SOLE   312,500 0 0
Hilton Worldwide Holdings Inc COM 43300A104 1,558 70,000 SH   SOLE   70,000 0 0
HollyFrontier Corp COM 436106108 13,491 271,500 SH   SOLE   271,500 0 0
HOME DEPOT INC COM 437076102 8,234 100,000 SH Call SOLE   100,000 0 0
HOME DEPOT INC COM 437076102 8,296 100,750 SH   SOLE   100,750 0 0
Home Loan Servicing Solutions ORD SHS G6648D109 1,029 44,794 SH   SOLE   44,794 0 0
Honeywell International Inc COM 438516106 2,284 25,000 SH   SOLE   25,000 0 0
HUNTSMAN CORP COM 447011107 7,380 300,000 SH   SOLE   300,000 0 0
Hyde Park Acquisition Corp II COM 448640102 3,894 367,500 SH   SOLE   367,500 0 0
ICICI BANK LTD-SPON ADR ADR 45104G104 2,528 68,000 SH   SOLE   68,000 0 0
INDUSTRIAL SELECT SECT SPDR SBI INT-INDS 81369Y704 10,621 203,228 SH   SOLE   203,228 0 0
INGERSOLL-RAND CO LTD-CL A SHS G47791101 6,776 110,000 SH   SOLE   110,000 0 0
ING US Inc COM 45685E106 61,513 1,750,000 SH   SOLE   1,750,000 0 0
INTELLI-CHECK-MOBILISA INC COM 45817G102 100 200,000 SH   SOLE   200,000 0 0
INTERCONTINENTALEXCHANGE INC COM 45866F104 70,850 315,000 SH   SOLE   315,000 0 0
INTERFACE INC COM 458665304 444 20,000 SH   SOLE   20,000 0 0
INTERNATIONAL PAPER CO COM 460146103 2,010 41,000 SH   SOLE   41,000 0 0
INTUITIVE SURGICAL INC COM NEW 46120E602 5,761 15,000 SH   SOLE   15,000 0 0
iShares Barclays CMBS Bond Fun CMBS ETF 46429B366 204 4,000 SH   SOLE   4,000 0 0
ISHARES DJ SELECT DIVIDEND SELECT DIVID ETF 464287168 9,496 133,086 SH   SOLE   133,086 0 0
ISHARES DJ US HOME CONSTRUCT US HOME CONS ETF 464288752 21,611 870,000 SH   SOLE   870,000 0 0
ISHARES LEHMAN 20+ YR TREAS 20+ YR TR BD ETF 464287432 40,744 400,000 SH Put SOLE   400,000 0 0
ISHARES MSCI BRAZIL MSCI BRZ CAP ETF 464286400 60,318 1,350,000 SH Put SOLE   1,350,000 0 0
ISHARES MSCI BRAZIL MSCI BRZ CAP ETF 464286400 32,728 732,500 SH   SOLE   732,500 0 0
ISHARES MSCI EMERGING MKT IN MSCI EMG MKT ETF 464287234 41,770 1,000,000 SH Put SOLE   1,000,000 0 0
ISHARES MSCI EMERGING MKT IN MSCI EMG MKT ETF 464287234 23,664 566,523 SH   SOLE   566,523 0 0
ISHARES MSCI JAPAN INDEX FD MSCI JAPAN ETF 464286848 30,022 2,475,000 SH   SOLE   2,475,000 0 0
ISHARES MSCI SOUTH KOREA IND MSCI STH KOR ETF 464286772 5,174 80,000 SH   SOLE   80,000 0 0
ISHARES NASDAQ BIOTECH INDX NASDAQ BIOTEC ETF 464287556 19,516 85,996 SH   SOLE   85,996 0 0
JPMORGAN CHASE CO COM 46625H100 18,063 308,879 SH   SOLE   308,879 0 0
Kansas City Southern COM NEW 485170302 1,238 10,000 SH   SOLE   10,000 0 0
KAR AUCTION SERVICES INC COM 48238T109 36,347 1,230,000 SH   SOLE   1,230,000 0 0
KBR INC COM 48242W106 15,945 500,000 SH Call SOLE   500,000 0 0
Kennedy-Wilson Holdings Inc COM 489398107 2,225 100,000 SH   SOLE   100,000 0 0
LAS VEGAS SANDS CORP COM 517834107 10,884 138,000 SH   SOLE   138,000 0 0
LEAR CORP COM NEW 521865204 810 10,000 SH   SOLE   10,000 0 0
Levy Acquisition Corp UNIT 99/99/9999 52748T203 5,005 500,000 SH   SOLE   500,000 0 0
LEXICON PHARMACEUTICALS INC COM 528872104 270 150,000 SH   SOLE   150,000 0 0
LIBERTY GLOBAL INC-A SHS CL A G5480U104 526 5,911 SH   SOLE   5,911 0 0
Liberty Media Corp CL A 531229102 496 3,391 SH   SOLE   3,391 0 0
LIBERTY MEDIA-INTERACTIVE A INT COM SER A 53071M104 538 18,315 SH   SOLE   18,315 0 0
Liberty Ventures LBT VENT COM A 53071M880 7,355 60,000 SH   SOLE   60,000 0 0
LIFE TECHNOLOGIES CORP COM 53217V109 501 6,612 SH   SOLE   6,612 0 0
LINCOLN NATIONAL CORP COM 534187109 20,648 400,000 SH   SOLE   400,000 0 0
Linn Co LLC COMSHS LTD INT 535782106 9,243 300,000 SH Call SOLE   300,000 0 0
Linn Co LLC COMSHS LTD INT 535782106 46,520 1,509,888 SH   SOLE   1,509,888 0 0
LIONS GATE ENTERTAINMENT COR COM NEW 535919203 1,583 50,000 SH   SOLE   50,000 0 0
LOUISIANA-PACIFIC CORP COM 546347105 8,394 453,500 SH   SOLE   453,500 0 0
LOWE'S COS INC COM 548661107 10,096 203,750 SH   SOLE   203,750 0 0
LUMBER LIQUIDATORS HOLDINGS COM 55003T107 1,993 19,375 SH   SOLE   19,375 0 0
LYONDELLBASELL INDU-CL A SHS - A - N53745100 30,710 382,536 SH   SOLE   382,536 0 0
MACQUARIE INFRASTRUCTURE CO MEMBERSHIP INT 55608B105 517 9,495 SH   SOLE   9,495 0 0
MAGNACHIP SEMICO COM 55933J203 3,451 176,978 SH   SOLE   176,978 0 0
MARATHON OIL CORP COM 565849106 7,060 200,000 SH   SOLE   200,000 0 0
MASTERCARD INC-CLASS A CL A 57636Q104 534 639 SH   SOLE   639 0 0
MBIA INC COM 55262C100 6,547 548,300 SH   SOLE   548,300 0 0
MELCO PBL ENTERTAINMENT-ADR ADR 585464100 3,653 93,150 SH   SOLE   93,150 0 0
MERCK CO. INC COM 58933Y105 25,025 500,000 SH Call SOLE   500,000 0 0
MERCK CO. INC COM 58933Y105 501 10,000 SH   SOLE   10,000 0 0
METHANEX CORP COM 59151K108 10,367 175,000 SH   SOLE   175,000 0 0
METLIFE INC COM 59156R108 527 9,768 SH   SOLE   9,768 0 0
Michael Kors Holdings Ltd SHS G60754101 11,590 142,750 SH   SOLE   142,750 0 0
MICRON TECHNOLOGY INC COM 595112103 14,098 648,183 SH   SOLE   648,183 0 0
MICROSOFT CORP COM 594918104 5,927 158,434 SH   SOLE   158,434 0 0
MITSUBISHI UFJ FINL GRP-ADR SPONSORED ADR 606822104 13,848 2,073,066 SH   SOLE   2,073,066 0 0
MOHAWK INDUSTRIES INC COM 608190104 23,080 155,000 SH   SOLE   155,000 0 0
MONEYGRAM INTERNATIONAL INC COM NEW 60935Y208 1,288 61,975 SH   SOLE   61,975 0 0
MONSANTO CO COM 61166W101 7,226 62,000 SH   SOLE   62,000 0 0
MYRIAD GENETICS INC COM 62855J104 3,462 165,000 SH   SOLE   165,000 0 0
NASDAQ 100 STOCK INDX UNIT SER 1 73935A104 87,960 1,000,000 SH Call SOLE   1,000,000 0 0
NASDAQ 100 STOCK INDX UNIT SER 1 73935A104 8,796 100,000 SH   SOLE   100,000 0 0
National Bank Holdings Corp CL A 633707104 14,560 680,371 SH   SOLE   680,371 0 0
Nationstar Mortgage Holdings I COM 63861C109 14,784 400,000 SH Call SOLE   400,000 0 0
Navios Maritime Acq Corp SHS Y62159101 1,131 257,000 SH   SOLE   257,000 0 0
NETSUITE INC COM 64118Q107 4,121 40,000 SH   SOLE   40,000 0 0
NEWCASTLE INVESTMENT CORP COM 65105M108 2,449 426,607 SH   SOLE   426,607 0 0
New Residential Investment Cor COM 64828T102 22,712 3,400,000 SH   SOLE   3,400,000 0 0
NEXTERA ENERGY INC .. COM 65339F101 17,124 200,000 SH Call SOLE   200,000 0 0
NEXTERA ENERGY INC .. COM 65339F101 37,758 441,000 SH   SOLE   441,000 0 0
NOBLE CORP SHS USD G65431101 26,229 700,000 SH Call SOLE   700,000 0 0
NOBLE CORP SHS USD G65431101 34,847 930,000 SH   SOLE   930,000 0 0
NORFOLK SOUTHERN CORP COM 655844108 2,785 30,000 SH   SOLE   30,000 0 0
NORTHSTAR REALTY FINANCE COR COM 66704R100 21,789 1,620,000 SH   SOLE   1,620,000 0 0
NRG ENERGY INC COM NEW 629377508 12,924 450,000 SH Call SOLE   450,000 0 0
NRG ENERGY INC COM NEW 629377508 2,154 75,000 SH   SOLE   75,000 0 0
NUANCE COMMUNICATIONS INC COM 67020Y100 10,640 700,000 SH Call SOLE   700,000 0 0
NUANCE COMMUNICATIONS INC COM 67020Y100 3,040 200,000 SH   SOLE   200,000 0 0
NUVASIVE INC COM 670704105 808 25,000 SH   SOLE   25,000 0 0
NXP SEMICONDUCTORS NV COM N6596X109 4,409 96,000 SH   SOLE   96,000 0 0
OASIS PETROLEUM INC COM 674215108 7,985 170,000 SH   SOLE   170,000 0 0
Ocean Rig UDW Inc SHS Y64354205 13,668 710,000 SH   SOLE   710,000 0 0
OCWEN FINANCIAL CORP COM NEW 675746309 16,635 300,000 SH   SOLE   300,000 0 0
ORASURE TECHNOLOGIES INC COM 68554V108 944 150,000 SH   SOLE   150,000 0 0
Pattern Energy Group Inc CL A 70338P100 7,581 250,100 SH   SOLE   250,100 0 0
PEABODY ENERGY CORP COM 704549104 977 50,000 SH   SOLE   50,000 0 0
PEPSICO INC COM 713448108 58,058 700,000 SH Call SOLE   700,000 0 0
Perrigo Co Plc COM 714290103 327 2,131 SH   SOLE   2,131 0 0
PGT INC COM 69336V101 1,265 125,000 SH   SOLE   125,000 0 0
PHILIP MORRIS INTERNAT COM 718172109 2,178 25,000 SH   SOLE   25,000 0 0
Phillips 66 COM 718546104 1,134 14,700 SH   SOLE   14,700 0 0
Pinnacle Foods Inc COM 72348P104 12,357 450,000 SH   SOLE   450,000 0 0
POLARIS INDUSTRIES INC COM 731068102 1,456 10,000 SH   SOLE   10,000 0 0
POLO RALPH LAUREN CORP...VR CL A 751212101 4,944 28,000 SH   SOLE   28,000 0 0
POTASH CORP OF SASKATCHEWAN COM 73755L107 3,296 100,000 SH   SOLE   100,000 0 0
PRICELINE.COM INC COM NEW 741503403 16,245 13,975 SH   SOLE   13,975 0 0
PROGENICS PHARMACEUTICALS COM 743187106 506 95,000 SH   SOLE   95,000 0 0
PRUDENTIAL FINANCIAL INC COM 744320102 2,306 25,000 SH   SOLE   25,000 0 0
PVH CORP COM 693656100 2,945 21,650 SH   SOLE   21,650 0 0
QEP RESOURCES INC COM 74733V100 6,130 200,000 SH   SOLE   200,000 0 0
QLIK TECHNOLOGIES INC COM 74733T105 6,658 250,000 SH   SOLE   250,000 0 0
QUALCOMM INC COM 747525103 2,441 32,875 SH   SOLE   32,875 0 0
QUIKSILVER INC COM 74838C106 1,754 200,000 SH Call SOLE   200,000 0 0
QUIKSILVER INC COM 74838C106 4,166 475,000 SH   SOLE   475,000 0 0
Realogy Holdings Corp COM 75605Y106 11,180 226,000 SH   SOLE   226,000 0 0
REPUBLIC AIRWAYS HOLDINGS IN COM 760276105 802 75,000 SH   SOLE   75,000 0 0
Resolute Forest Products COM 76117W109 1,485 92,687 SH   SOLE   92,687 0 0
Restoration Hardware Holdings COM 761283100 81,870 1,216,500 SH   SOLE   1,216,500 0 0
ROCK-TENN COMPANY -CL A CL A 772739207 5,461 52,000 SH   SOLE   52,000 0 0
ROI Acquisition Corp UNIT 99/99/9999 74966G200 5,511 550,000 SH   SOLE   550,000 0 0
ROYAL CARIBBEAN CRUISES LTD COM V7780T103 25,683 541,600 SH   SOLE   541,600 0 0
RUSSELL 2000 INDEX RUSSELL 2000 ETF 464287655 7,495 65,000 SH Put SOLE   65,000 0 0
RUSSELL 2000 INDEX RUSSELL 2000 ETF 464287655 17,297 150,000 SH   SOLE   150,000 0 0
SALESFORCE.COM INC COM 79466L302 6,623 120,000 SH   SOLE   120,000 0 0
SANDISK CORP COM 80004C101 4,070 57,700 SH   SOLE   57,700 0 0
SCHLUMBERGER LTD COM 806857108 2,073 23,000 SH   SOLE   23,000 0 0
Scorpio Bulkers Inc SHS Y7546A106 1,041 103,600 SH   SOLE   103,600 0 0
SEMICONDUCTOR TRUST SEMICONDUCTOR 57060U233 4,243 100,000 SH   SOLE   100,000 0 0
Sesa Sterlite Ltd SPONSORED ADR 78413F103 2,040 155,000 SH   SOLE   155,000 0 0
Silver Eagle Acquisition Corp UNIT 99/99/9999 827694209 12,500 1,250,000 SH   SOLE   1,250,000 0 0
SOUFUN HOLDINGS LTD-ADR ADR 836034108 11,620 141,000 SH   SOLE   141,000 0 0
SOUTHERN COPPER CORP .. COM 84265V105 646 22,500 SH   SOLE   22,500 0 0
SOUTHWEST AIRLINES CO COM 844741108 471 25,000 SH   SOLE   25,000 0 0
S&P 500 INDEX TR UNIT 78462F103 1,126,487 6,100,000 SH Call SOLE   6,100,000 0 0
S&P 500 INDEX TR UNIT 78462F103 159,222 862,200 SH Put SOLE   862,200 0 0
S&P 500 INDEX TR UNIT 78462F103 9,234 50,000 SH   SOLE   50,000 0 0
SPANSION INC-A COM CL A NEW 84649R200 2,112 152,020 SH   SOLE   152,020 0 0
SPDR SP HOMEBUILDERS ETF S&P HOMEBUILD 78464A888 2,644 79,400 SH   SOLE   79,400 0 0
SPDR SP OIL GAS EXPLORATI S&P OILGAS EXP 78464A730 5,140 75,000 SH   SOLE   75,000 0 0
SPDR SP RETAIL ETF S&P RETAIL ETF 78464A714 2,203 25,000 SH Put SOLE   25,000 0 0
SPECTRUM BRANDS COM 84763R101 2,011 28,500 SH   SOLE   28,500 0 0
STATE STREET CORP COM 857477103 36,695 500,000 SH   SOLE   500,000 0 0
STRATEGIC HOTELS RESORTS I COM 86272T106 945 100,000 SH   SOLE   100,000 0 0
SunCoke Energy Inc COM 86722A103 9,124 400,000 SH Call SOLE   400,000 0 0
SunCoke Energy Inc COM 86722A103 2,794 122,500 SH   SOLE   122,500 0 0
SunEdison Inc COM 86732Y109 8,574 657,000 SH   SOLE   657,000 0 0
SYNTA PHARMACEUTICALS CORP COM 87162T206 603 115,000 SH   SOLE   115,000 0 0
TENARIS SA ADR 88031M109 4,594 105,150 SH   SOLE   105,150 0 0
TESLA MOTORS INC COM 88160R101 1,279 8,500 SH   SOLE   8,500 0 0
TESORO CORP COM 881609101 9,407 160,800 SH   SOLE   160,800 0 0
Textura Corp COM 883211104 749 25,000 SH   SOLE   25,000 0 0
THE MEN'S WEARHOUSE INC COM 587118100 3,831 75,000 SH   SOLE   75,000 0 0
THERAVANCE INC COM 88338T104 1,783 50,000 SH   SOLE   50,000 0 0
THERMO FISHER SCIENTIFIC INC COM 883556102 556 4,989 SH   SOLE   4,989 0 0
THE ST JOE COMPANY COM 790148100 2,591 135,000 SH   SOLE   135,000 0 0
THE WALT DISNEY CO. COM DISNEY 254687106 7,640 100,000 SH Call SOLE   100,000 0 0
TIBCO SOFTWARE INC COM 88632Q103 5,620 250,000 SH Call SOLE   250,000 0 0
TIBCO SOFTWARE INC COM 88632Q103 4,946 220,000 SH   SOLE   220,000 0 0
TIME WARNER CABLE-A COM 88732J207 8,647 63,815 SH   SOLE   63,815 0 0
TIME WARNER CABLE-A COM 88732J207 8,130 60,000 SH Put SOLE   60,000 0 0
TIME WARNER INC COM NEW 887317303 530 7,596 SH   SOLE   7,596 0 0
TIMKEN CO COM 887389104 12,198 221,500 SH   SOLE   221,500 0 0
TIM PART-PREF SPONSORED ADR 88706P205 8,050 306,802 SH   SOLE   306,802 0 0
TOYOTA MOTOR CORP SP ADR REP2COM 892331307 9,754 80,000 SH   SOLE   80,000 0 0
TRANSOCEAN INC REG SHS H8817H100 17,297 350,000 SH   SOLE   350,000 0 0
TREDEGAR CORP COM 894650100 1,296 45,000 SH   SOLE   45,000 0 0
TRINA SOLAR LTD-SPON ADR SPON ADR 89628E104 6,905 505,100 SH   SOLE   505,100 0 0
T ROWE PRICE GROUP INC COM 74144T108 838 10,000 SH   SOLE   10,000 0 0
Twenty-First Century Fox Inc CL A 90130A101 62,086 1,765,309 SH   SOLE   1,765,309 0 0
TYCO INTERNATIONAL LTD SHS H89128104 16,416 400,000 SH Call SOLE   400,000 0 0
UNION PACIFIC COM 907818108 13,944 83,000 SH   SOLE   83,000 0 0
UNITED CONTINENT COM 910047109 946 25,000 SH   SOLE   25,000 0 0
UNITED RENTALS INC COM 911363109 4,208 53,983 SH   SOLE   53,983 0 0
UNITED TECHNOLOGIES CORP COM 913017109 2,845 25,000 SH   SOLE   25,000 0 0
URBAN OUTFITTERS INC. COM 917047102 760 20,484 SH   SOLE   20,484 0 0
USX-U S. STEEL GROUP COM 912909108 590 20,000 SH   SOLE   20,000 0 0
UTLITIES SELECT SECTOR INDEX SBI INT-UTILS 81369Y886 6,873 181,000 SH   SOLE   181,000 0 0
VALASSIS COMMUNICATIONS INC COM 918866104 3,425 100,000 SH Call SOLE   100,000 0 0
VALEANT PHARMACEUTICALS INTE COM 91911K102 552 4,706 SH   SOLE   4,706 0 0
VALERO ENERGY CORP COM 91913Y100 10,080 200,000 SH Put SOLE   200,000 0 0
Vanguard Dividend Appreciation DIV APP ETF 921908844 13,531 179,841 SH   SOLE   179,841 0 0
VERIFONE HOLDINGS INC COM 92342Y109 2,379 88,700 SH   SOLE   88,700 0 0
VERIZON COMMUNICATIONS COM 92343V104 14,742 300,000 SH Put SOLE   300,000 0 0
Vipshop Holdings Ltd SPONSORED ADR 92763W103 6,276 75,000 SH   SOLE   75,000 0 0
VISA INC-CLASS A SHRS CL A 92826C839 53,991 242,458 SH   SOLE   242,458 0 0
VISTEON CORP. COM NEW 92839U206 14,740 180,000 SH   SOLE   180,000 0 0
VODAFONE GROUP SPONS ADR NEW 92857W209 525 13,351 SH   SOLE   13,351 0 0
WADDELL & REED FINANCIAL-A CL A 930059100 1,628 25,000 SH   SOLE   25,000 0 0
WAL-MART STORES INC COM 931142103 1,967 25,000 SH Put SOLE   25,000 0 0
WALTER ENERGY INC COM 93317Q105 4,989 300,000 SH Call SOLE   300,000 0 0
WALTER ENERGY INC COM 93317Q105 1,039 62,500 SH   SOLE   62,500 0 0
WELLS FARGO COMPANY COM 949746101 522 11,494 SH   SOLE   11,494 0 0
WESTERN DIGITAL CORP COM 958102105 3,104 37,000 SH   SOLE   37,000 0 0
WESTERN UNION CO COM 959802109 3,450 200,000 SH Call SOLE   200,000 0 0
WEYERHAEUSER CO COM 962166104 6,314 200,000 SH   SOLE   200,000 0 0
WHIRLPOOL CORP COM 963320106 5,616 35,800 SH   SOLE   35,800 0 0
WhiteWave Foods Co CL A 966244105 4,588 200,000 SH   SOLE   200,000 0 0
WILLIAMS COS INC. COM 969457100 11,571 300,000 SH Call SOLE   300,000 0 0
WILLIAMS COS INC. COM 969457100 12,535 325,000 SH   SOLE   325,000 0 0
WisdomTree Japan Hedged Equity JAPN HEDGE EQT 97717W851 10,676 210,000 SH   SOLE   210,000 0 0
WR GRACE & CO COM 38388F108 539 5,447 SH   SOLE   5,447 0 0
YAHOO INC COM 984332106 92,515 2,287,706 SH   SOLE   2,287,706 0 0