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
COLLIERS INTL GROUP INC SUB VTG SHS 194693107 97,946 2,075,119 SH   SOLE NONE 2,075,119 0 0
AON PLC SHS CL A G0408V102 80,897 681,581 SH   SOLE NONE 681,581 0 0
CITIGROUP INC COM NEW 172967424 87,660 1,465,400 SH Call SOLE NONE 1,465,400 0 0
CHARTER COMMUNICATIONS INC N CL A 16119P108 250,611 765,623 SH   SOLE NONE 765,623 0 0
CREDIT ACCEP CORP MICH COM 225310101 120,886 606,431 SH   SOLE NONE 606,431 0 0
EXPRESS SCRIPTS HLDG CO COM 30219G108 156,054 2,367,686 SH   SOLE NONE 2,367,686 0 0
INTERNATIONAL GAME TECHNOLOG SHS USD G4863A108 157,494 6,645,319 SH   SOLE NONE 6,645,319 0 0
PRA GROUP INC COM 69354N106 78,440 2,366,214 SH   SOLE NONE 2,366,214 0 0
REALOGY HLDGS CORP COM 75605Y106 18,036 605,452 SH   SOLE NONE 605,452 0 0
SERITAGE GROWTH PPTYS CL A 81752R100 14,517 336,436 SH   SOLE NONE 336,436 0 0
WELLS FARGO & CO NEW *W EXP 10/28/201 949746101 127,268 2,286,520 SH   SOLE NONE 2,286,520 0 0