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
AFLAC INC COM 001055102 548 8,800 SH   SOLE   8,800 0 0
AMAZON COM INC COM 023135106 40,371 93,000 SH   SOLE   93,000 0 0
ANDERSONS INC COM 034164103 331 8,500 SH   SOLE   8,500 0 0
ASSURED GUARANTY LTD COM G0585R106 36,465 1,520,000 SH   SOLE   1,520,000 0 0
BANK MONTREAL QUE COM 063671101 35,085 592,100 SH   SOLE   592,100 0 0
BAYTEX ENERGY CORP COM 07317Q105 30,279 1,946,400 SH   SOLE   1,946,400 0 0
BRUNSWICK CORP COM 117043109 15,309 301,000 SH   SOLE   301,000 0 0
CANADIAN NAT RES LTD COM 136385101 8,479 312,400 SH   SOLE   312,400 0 0
CAN-FITE BIOPHARMA LTD SPONSORED ADR 13471N102 763 348,500 SH   SOLE   348,500 0 0
CIPHER PHARMACEUTICALS INC COM 17253X105 3,608 422,300 SH   SOLE   422,300 0 0
CISCO SYS INC COM 17275R102 16,548 602,600 SH   SOLE   602,600 0 0
COMMUNITY HEALTH SYS INC NEW COM 203668108 629 10,000 SH   SOLE   10,000 0 0
CSX CORP COM 126408103 30,440 932,300 SH   SOLE   932,300 0 0
DELTA AIR LINES INC DEL COM NEW 247361702 45,570 1,109,300 SH   SOLE   1,109,300 0 0
FIRST SOLAR INC COM 336433107 301 6,400 SH   SOLE   6,400 0 0
FOSSIL GROUP INC COM 34988V106 284 4,100 SH   SOLE   4,100 0 0
GOOGLE INC CL C 38259P706 1,618 3,108 SH   SOLE   3,108 0 0
HONEYWELL INTL INC COM 438516106 388 3,800 SH   SOLE   3,800 0 0
HUDBAY MINERALS INC COM 443628102 26,566 3,190,500 SH   SOLE   3,190,500 0 0
MANULIFE FINL CORP COM 56501R106 26,427 1,422,100 SH   SOLE   1,422,100 0 0
MITEL NETWORKS CORP COM 60671Q104 1,216 137,100 SH   SOLE   137,100 0 0
NASDAQ OMX GROUP INC COM 631103108 11,646 238,600 SH   SOLE   238,600 0 0
NVIDIA CORP COM 67066G104 32,445 1,613,400 SH   SOLE   1,613,400 0 0
NXP SEMICONDUCTORS N V COM N6596X109 50,259 511,800 SH   SOLE   511,800 0 0
PFIZER INC COM 717081103 11,431 340,900 SH   SOLE   340,900 0 0
PIONEER NAT RES CO COM 723787107 472 3,400 SH   SOLE   3,400 0 0
REGIONS FINL CORP NEW COM 7591EP100 3,169 305,900 SH   SOLE   305,900 0 0
SCHLUMBERGER LTD COM 806857108 405 4,700 SH   SOLE   4,700 0 0
SEALED AIR CORP NEW COM 81211K100 46,142 898,050 SH   SOLE   898,050 0 0
SMITH A O COM 831865209 403 5,600 SH   SOLE   5,600 0 0
TIVO INC COM 888706108 1,007 99,300 SH   SOLE   99,300 0 0
TORONTO DOMINION BK ONT COM NEW 891160509 39,837 938,100 SH   SOLE   938,100 0 0
VALEANT PHARMACEUTICALS INTL COM 91911K102 29,038 130,900 SH   SOLE   130,900 0 0
VISA INC COM CL A 92826C839 484 7,200 SH   SOLE   7,200 0 0
WHIRLPOOL CORP COM 963320106 311 1,800 SH   SOLE   1,800 0 0