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
ABBVIE INC COM 00287Y109 260 4,500 SH   SOLE 4,500 0 0
ALEXANDERS INC COM 014752109 227 606 SH   SOLE 606 0 0
ALLERGAN INC COM 018490102 535 3,000 SH   SOLE 3,000 0 0
AMER RLTY CAP HEALTHCAR TR I COM 02917R108 495 47,200 SH   SOLE 47,200 0 0
ATHLON ENERGY INC COM 047477104 291 5,000 SH   SOLE 5,000 0 0
BALLY TECHNOLOGIES INC COM 05874B107 476 5,900 SH   SOLE 5,900 0 0
BANCO SANTANDER BRASIL S A ADS REP 1 UNIT 05967A107 878 134,300 SH   SOLE 134,300 0 0
BLACKHAWK NETWORK HLDGS INC CL A 09238E104 211 6,500 SH   SOLE 6,500 0 0
BROOKFIELD PPTY PARTNERS L P UNIT LTD PARTN G16249107 276 13,100 SH   SOLE 13,100 0 0
COMCAST CORP NEW CL A 20030N101 1,076 20,013 SH   SOLE 20,013 0 0
COMPUWARE CORP COM 205638109 924 87,050 SH   SOLE 87,050 0 0
CONCUR TECHNOLOGIES INC COM 206708109 507 4,000 SH   SOLE 4,000 0 0
CONVERSANT INC COM 21249J105 514 15,000 SH   SOLE 15,000 0 0
DIRECTV COM 25490A309 779 9,000 SH   SOLE 9,000 0 0
DISCOVERY COMMUNICATNS NEW COM SER C 25470F302 2,885 77,400 SH   SOLE 77,400 0 0
DRESSER-RAND GROUP INC COM 261608103 625 7,600 SH   SOLE 7,600 0 0
EINSTEIN NOAH REST GROUP INC COM 28257U104 202 10,000 SH   SOLE 10,000 0 0
EL PASO PIPELINE PARTNERS L COM UNIT LPI 283702108 815 20,300 SH   SOLE 20,300 0 0
ENVENTIS CORP COM 29402J101 190 10,461 SH   SOLE 10,461 0 0
EXCO RESOURCES INC COM 269279402 125 37,400 SH   SOLE 37,400 0 0
EXELIS INC COM 30162A108 357 21,600 SH   SOLE 21,600 0 0
FAMILY DLR STORES INC COM 307000109 286 3,700 SH   SOLE 3,700 0 0
FOSTER WHEELER AG COM H27178104 370 11,700 SH   SOLE 11,700 0 0
GLIMCHER RLTY TR SH BEN INT 379302102 271 20,000 SH   SOLE 20,000 0 0
GOOGLE INC CL C 38259P706 915 1,584 SH   SOLE 1,584 0 0
HUDSON CITY BANCORP COM 443683107 870 89,500 SH   SOLE 89,500 0 0
INTEGRYS ENERGY GROUP INC COM 45822P105 279 4,300 SH   SOLE 4,300 0 0
INTERNATIONAL GAME TECHNOLOG COM 459902102 187 11,100 SH   SOLE 11,100 0 0
INTERNATIONAL RECTIFIER CORP COM 460254105 392 10,000 SH   SOLE 10,000 0 0
KINDER MORGAN ENERGY PARTNER UT LTD PARTNER 494550106 830 8,900 SH   SOLE 8,900 0 0
KINDER MORGAN MANAGEMENT LLC SHS 49455U100 1,205 12,800 SH   SOLE 12,800 0 0
KODIAK OIL & GAS CORP COM 50015Q100 882 65,000 SH   SOLE 65,000 0 0
LIBERTY GLOBAL PLC SHS CL C G5480U120 550 13,400 SH   SOLE 13,400 0 0
LILLY ELI & CO COM 532457108 234 3,605 SH   SOLE 3,605 0 0
LORILLARD INC COM 544147101 599 10,000 SH   SOLE 10,000 0 0
MALLINCKRODT PUB LTD CO SHS G5785G107 270 3,000 SH   SOLE 3,000 0 0
MARVELL TECHNOLOGY GROUP LTD ORD G5876H105 171 12,650 SH   SOLE 12,650 0 0
MICROCHIP TECHNOLOGY INC COM 595017104 236 4,991 SH   SOLE 4,991 0 0
MONTAGE TECHNOLOGY GROUP LTD SHS G6209T105 449 21,500 SH   SOLE 21,500 0 0
NAVIENT CORP COM 63938C108 182 10,300 SH   SOLE 10,300 0 0
NEW MEDIA INVT GROUP INC COM 64704V106 260 15,644 SH   SOLE 15,644 0 0
NEW RESIDENTIAL INVT CORP COM 64828T102 59 10,200 SH   SOLE 10,200 0 0
NOKIA CORP SPONSORED ADR 654902204 95 11,200 SH   SOLE 11,200 0 0
PARAGON OFFSHORE PLC SHS G6S01W108 63 10,300 SH   SOLE 10,300 0 0
PENN NATL GAMING INC COM 707569109 124 11,100 SH   SOLE 11,100 0 0
PIKE CORP COM 721283109 273 22,975 SH   SOLE 22,975 0 0
QR ENERGY LP UNIT LTD PRTNS 74734R108 256 13,200 SH   SOLE 13,200 0 0
QUESTAR CORP COM 748356102 256 11,494 SH   SOLE 11,494 0 0
RIVERBED TECHNOLOGY INC COM 768573107 193 10,400 SH   SOLE 10,400 0 0
ROYAL DUTCH SHELL PLC SPONS ADR A 780259206 1,884 24,750 SH   SOLE 24,750 0 0
SELECT SECTOR SPDR TR SBI HEALTHCARE 81369Y209 288 4,500 SH   SOLE 4,500 0 0
SELECT SECTOR SPDR TR SBI CONS STPLS 81369Y308 726 16,100 SH   SOLE 16,100 0 0
SELECT SECTOR SPDR TR SBI CONS DISCR 81369Y407 388 5,823 SH   SOLE 5,823 0 0
SELECT SECTOR SPDR TR SBI INT-INDS 81369Y704 383 7,200 SH   SOLE 7,200 0 0
SELECT SECTOR SPDR TR TECHNOLOGY 81369Y803 962 24,100 SH   SOLE 24,100 0 0
SELECT SECTOR SPDR TR SBI INT-UTILS 81369Y886 841 19,970 SH   SOLE 19,970 0 0
SIGMA ALDRICH CORP COM 826552101 326 2,400 SH   SOLE 2,400 0 0
SILVER BAY RLTY TR CORP COM 82735Q102 178 11,000 SH   SOLE 11,000 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 2,799 14,208 SH   SOLE 14,208 0 0
STARZ COM SER A 85571Q102 248 7,500 SH   SOLE 7,500 0 0
SWS GROUP INC COM 78503N107 138 20,000 SH   SOLE 20,000 0 0
SYMANTEC CORP COM 871503108 205 8,711 SH   SOLE 8,711 0 0
TIBCO SOFTWARE INC COM 88632Q103 524 22,152 SH   SOLE 22,152 0 0
TIM HORTONS INC COM 88706M103 370 4,700 SH   SOLE 4,700 0 0
TIME WARNER CABLE INC COM 88732J207 588 4,100 SH   SOLE 4,100 0 0
TRIQUINT SEMICONDUCTOR INC COM 89674K103 669 35,100 SH   SOLE 35,100 0 0
TRW AUTOMOTIVE HLDGS CORP COM 87264S106 911 9,000 SH   SOLE 9,000 0 0
TW TELECOM INC COM 87311L104 379 9,100 SH   SOLE 9,100 0 0
TWENTY FIRST CENTY FOX INC CL B 90130A200 3,361 100,900 SH   SOLE 100,900 0 0
URS CORP NEW COM 903236107 386 6,700 SH   SOLE 6,700 0 0
VANGUARD BD INDEX FD INC INTERMED TERM 921937819 751 8,916 SH   SOLE 8,916 0 0
VANGUARD INDEX FDS S&P 500 ETF SHS 922908363 418 2,314 SH   SOLE 2,314 0 0
VERITIV CORP COM 923454102 210 4,200 SH   SOLE 4,200 0 0
VIASYSTEMS GROUP INC COM PAR$.01 92553H803 341 21,707 SH   SOLE 21,707 0 0
ZOETIS INC CL A 98978V103 336 9,100 SH   SOLE 9,100 0 0