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
AMERICAN AIRLS GROUP INC COM 02376R102 4,136 113,000 SH   DFND 1 113,000 0 0
CF INDS HLDGS INC COM 125269100 5,995 23,000 SH   DFND 1 23,000 0 0
CEMEX SAB DE CV SPON ADR NEW 151290889 6,378 505,000 SH   DFND 1 505,000 0 0
CHENIERE ENERGY INC COM NEW 16411R208 9,742 176,000 SH   DFND 1 176,000 0 0
DISH NETWORK CORP CL A 25470M109 6,607 106,200 SH   DFND 1 106,200 0 0
DOW CHEM CO COM 260543103 7,823 161,000 SH   DFND 1 161,000 0 0
EMERGE ENERGY SVCS LP COM REP PARTN 29102H108 2,203 35,400 SH   DFND 1 35,400 0 0
HALLIBURTON CO COM 406216101 6,831 116,000 SH   DFND 1 116,000 0 0
HERTZ GLOBAL HOLDINGS INC COM 42805T105 10,470 393,000 SH   DFND 1 393,000 0 0
MONSANTO CO NEW COM 61166W101 5,461 48,000 SH   DFND 1 48,000 0 0
NAVISTAR INTL CORP NEW COM 63934E108 6,158 181,800 SH   DFND 1 181,800 0 0
PHILLIPS 66 COM 718546104 3,853 50,000 SH   DFND 1 50,000 0 0
POST HLDGS INC COM 737446104 7,011 127,200 SH   DFND 1 127,200 0 0
SUSSER HLDGS CORP COM 869233106 6,122 98,000 SH   DFND 1 98,000 0 0
TAMINCO CORP COM 87509U106 4,391 209,007 SH   DFND 1 209,007 0 0
U S SILICA HLDGS INC COM 90346E103 5,994 157,044 SH   DFND 1 157,044 0 0
UNITED RENTALS INC COM 911363109 5,981 63,000 SH   DFND 1 63,000 0 0