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
AK STL CORP NOTE 5.000%11/1 001546AP5 2,072 1,000,000 PRN   SOLE   1,000,000 0 0
AMERICAN AIRLS GROUP INC COM 02376R102 4,436 95,000 SH   SOLE   95,000 0 0
AMERICAN RLTY CAP PPTYS INC NOTE 3.000% 8/0 02917TAA2 24,814 24,814,000 PRN   SOLE   24,814,000 0 0
ARVINMERITOR INC FRNT 4.000% 2/1 043353AH4 13,636 13,320,000 PRN   SOLE   13,320,000 0 0
BROADSOFT INC NOTE 1.500% 7/0 11133BAB8 5,919 5,136,000 PRN   SOLE   5,136,000 0 0
BROOKDALE SR LIVING INC NOTE 2.750% 6/1 112463AA2 10,771 11,026,000 PRN   SOLE   11,026,000 0 0
CIT GROUP INC COM NEW 125581801 1,707 40,000 SH   SOLE   40,000 0 0
CANADIAN SOLAR INC NOTE 4.250% 2/1 136635AE9 4,542 4,845,000 PRN   SOLE   4,845,000 0 0
CEMEX SAB DE CV NOTE 3.750% 3/1 151290BC6 11,269 10,000,000 PRN   SOLE   10,000,000 0 0
CHESAPEAKE ENERGY CORP COM 165167107 1,825 260,000 SH   SOLE   260,000 0 0
COBALT INTL ENERGY INC COM 19075F106 1,546 1,267,100 SH   SOLE   1,267,100 0 0
DHT HOLDINGS INC DEBT 4.500%10/0 23335SAB2 1,975 2,140,000 PRN   SOLE   2,140,000 0 0
FREEPORT-MCMORAN INC CL B 35671D857 1,319 100,000 SH   SOLE   100,000 0 0
GENERAL MTRS CO COM 37045V100 2,083 59,787 SH   SOLE   59,787 0 0
HERBALIFE LTD NOTE 2.000% 8/1 42703MAB9 19,608 21,400,000 PRN   SOLE   21,400,000 0 0
HORNBECK OFFSHORE SVCS INC N NOTE 1.500% 9/0 440543AN6 1,439 2,000,000 PRN   SOLE   2,000,000 0 0
ICONIX BRAND GROUP INC NOTE 1.500% 3/1 451055AF4 14,298 15,130,000 PRN   SOLE   15,130,000 0 0
INVENSENSE INC COM 46123D205 320 25,000 SH   SOLE   25,000 0 0
INVENSENSE INC NOTE 1.750%11/0 46123DAB2 6,991 7,000,000 PRN   SOLE   7,000,000 0 0
KB HOME COM 48666K109 2,087 132,019 SH   SOLE   132,019 0 0
MERITAGE HOMES CORP NOTE 1.875% 9/1 59001AAR3 16,488 16,529,000 PRN   SOLE   16,529,000 0 0
NAVISTAR INTL CORP NEW NOTE 4.500%10/1 63934EAQ1 21,274 21,475,000 PRN   SOLE   21,475,000 0 0
NAVISTAR INTL CORP NEW NOTE 4.750% 4/1 63934EAS7 2,978 3,000,000 PRN   SOLE   3,000,000 0 0
0 0 656568AE2 3,860 4,000,000 PRN   SOLE   4,000,000 0 0
NUANCE COMMUNICATIONS INC COM 67020Y100 745 50,000 SH   SOLE   50,000 0 0
NUANCE COMMUNICATIONS INC NOTE 2.750%11/0 67020YAF7 12,646 12,529,000 PRN   SOLE   12,529,000 0 0
PHH CORP COM NEW 693320202 916 60,400 SH   SOLE   60,400 0 0
PRICELINE GRP INC NOTE 1.000% 3/1 741503AQ9 7,897 5,000,000 PRN   SOLE   5,000,000 0 0
PROSPECT CAPITAL CORPORATION NOTE 5.375%10/1 74348TAK8 8,424 8,259,000 PRN   SOLE   8,259,000 0 0
PROSPECT CAPITAL CORPORATION NOTE 5.750% 3/1 74348TAL6 4,424 4,300,000 PRN   SOLE   4,300,000 0 0
0 0 761283AA8 10,966 12,779,000 PRN   SOLE   12,779,000 0 0
RYLAND GROUP INC NOTE 0.250% 6/0 783764AS2 14,044 15,000,000 PRN   SOLE   15,000,000 0 0
SANOFI RIGHT 12/31/2020 80105N113 532 1,400,000 SH   SOLE   1,400,000 0 0
SOLARCITY CORP NOTE 2.750%11/0 83416TAA8 16,659 17,829,000 PRN   SOLE   17,829,000 0 0
SYNCHRONOSS TECHNOLOGIES INC NOTE 0.750% 8/1 87157BAA1 5,418 5,136,000 PRN   SOLE   5,136,000 0 0
TENET HEALTHCARE CORP COM NEW 88033G407 371 25,000 SH   SOLE   25,000 0 0
TESLA MTRS INC COM 88160R101 3,045 14,250 SH   SOLE   14,250 0 0
TESLA MTRS INC NOTE 0.250% 3/0 88160RAB7 26,576 28,500,000 PRN   SOLE   28,500,000 0 0
TOLL BROTHERS INC COM 889478103 310 10,000 SH   SOLE   10,000 0 0
TWITTER INC NOTE 0.250% 9/1 90184LAB8 7,050 7,500,000 PRN   SOLE   7,500,000 0 0
U S G CORP COM NEW 903293405 257 8,900 SH   SOLE   8,900 0 0
VALEANT PHARMACEUTICALS INTL COM 91911K102 6,389 440,000 SH   SOLE   440,000 0 0
WEB COM GROUP INC NOTE 1.000% 8/1 94733AAA2 7,977 8,250,000 PRN   SOLE   8,250,000 0 0
WHITING PETE CORP NEW COM 966387102 156 13,000 SH   SOLE   13,000 0 0
YRC WORLDWIDE INC COM PAR $.01 984249607 531 40,000 SH   SOLE   40,000 0 0
YY INC ADS REPCOM CLA 98426T106 2,365 60,000 SH   SOLE   60,000 0 0
YY INC NOTE 2.250% 4/0 98426TAB2 9,369 9,500,000 PRN   SOLE   9,500,000 0 0
YANDEX NV NOTE 1.125%12/1 98474TAB3 13,811 14,500,000 PRN   SOLE   14,500,000 0 0
WEATHERFORD INTL PLC ORD SHS G48833100 2,345 470,000 SH   SOLE   470,000 0 0
SEADRILL LIMITED SHS G7945E105 5,718 1,676,823 SH   SOLE   1,676,823 0 0
TRANSOCEAN LTD REG SHS H8817H100 1,106 75,000 SH   SOLE   75,000 0 0
AK STL HLDG CORP COM 001547108 1,652 400,000 SH Call SOLE   400,000 0 0
AVON PRODS INC COM 054303102 2,020 420,000 SH Call SOLE   420,000 0 0
FRONTIER COMMUNICATIONS CORP COM 35906A108 1,677 300,000 SH Call SOLE   300,000 0 0
PETROLEO BRASILEIRO SA PETRO SPONSORED ADR 71654V408 1,752 300,000 SH Call SOLE   300,000 0 0
SHUTTERFLY INC COM 82568P304 209 4,500 SH Call SOLE   4,500 0 0
TECK RESOURCES LTD CL B 878742204 3,805 500,000 SH Call SOLE   500,000 0 0
VALE S A ADR 91912E105 842 200,000 SH Call SOLE   200,000 0 0
VEREIT INC COM 92339V100 3,557 401,000 SH Call SOLE   401,000 0 0
YPF SOCIEDAD ANONIMA SPON ADR CL D 984245100 179 10,000 SH Call SOLE   10,000 0 0
WEATHERFORD INTL PLC ORD SHS G48833100 2,607 335,100 SH Call SOLE   335,100 0 0
NABORS INDUSTRIES LTD SHS G6359F103 1,840 200,000 SH Call SOLE   200,000 0 0
SEADRILL LIMITED SHS G7945E105 8,828 2,675,000 SH Call SOLE   2,675,000 0 0
TRANSOCEAN LTD REG SHS H8817H100 3,656 400,000 SH Call SOLE   400,000 0 0
ADOBE SYS INC COM 00724F101 13,367 142,500 SH Put SOLE   142,500 0 0
ALIBABA GROUP HLDG LTD SPONSORED ADS 01609W102 43,308 548,000 SH Put SOLE   548,000 0 0
ALLY FINL INC COM 02005N100 39,464 2,108,100 SH Put SOLE   2,108,100 0 0
AMAZON COM INC COM 023135106 14,841 25,000 SH Put SOLE   25,000 0 0
AMERICAN AIRLS GROUP INC COM 02376R102 153,312 3,738,400 SH Put SOLE   3,738,400 0 0
AMERICAN AXLE & MFG HLDGS IN COM 024061103 6,890 447,700 SH Put SOLE   447,700 0 0
ARCELORMITTAL SA LUXEMBOURG NY REGISTRY SH 03938L104 10,647 1,458,500 SH Put SOLE   1,458,500 0 0
AUTODESK INC COM 052769106 5,248 90,000 SH Put SOLE   90,000 0 0
BEAZER HOMES USA INC COM NEW 07556Q881 188 21,600 SH Put SOLE   21,600 0 0
BROOKDALE SR LIVING INC COM 112463104 20,550 1,294,100 SH Put SOLE   1,294,100 0 0
CBS CORP NEW CL B 124857202 4,033 73,200 SH Put SOLE   73,200 0 0
CIT GROUP INC COM NEW 125581801 62,895 2,026,900 SH Put SOLE   2,026,900 0 0
CANADIAN SOLAR INC COM 136635109 6,064 314,500 SH Put SOLE   314,500 0 0
CATERPILLAR INC DEL COM 149123101 13,249 173,100 SH Put SOLE   173,100 0 0
CEMEX SAB DE CV SPON ADR NEW 151290889 20,680 2,954,224 SH Put SOLE   2,954,224 0 0
CENTURYLINK INC COM 156700106 30,624 958,200 SH Put SOLE   958,200 0 0
CHESAPEAKE ENERGY CORP COM 165167107 6,220 1,509,700 SH Put SOLE   1,509,700 0 0
CLIFFS NAT RES INC COM 18683K101 6,950 2,316,600 SH Put SOLE   2,316,600 0 0
COBALT INTL ENERGY INC COM 19075F106 2,905 978,100 SH Put SOLE   978,100 0 0
COMMUNITY HEALTH SYS INC NEW COM 203668108 152 10,000 SH Put SOLE   10,000 0 0
CONSTELLATION BRANDS INC CL A 21036P108 21,651 143,300 SH Put SOLE   143,300 0 0
DBX ETF TR DBXTR HAR CS 300 233051879 3,933 160,200 SH Put SOLE   160,200 0 0
DELTA AIR LINES INC DEL COM NEW 247361702 8,288 183,400 SH Put SOLE   183,400 0 0
FACEBOOK INC CL A 30303M102 39,205 343,600 SH Put SOLE   343,600 0 0
58 COM INC SPON ADR REP A 31680Q104 5,565 100,000 SH Put SOLE   100,000 0 0
FREEPORT-MCMORAN INC CL B 35671D857 51,570 4,987,400 SH Put SOLE   4,987,400 0 0
GAMESTOP CORP NEW CL A 36467W109 12,292 387,400 SH Put SOLE   387,400 0 0
GENERAL MTRS CO COM 37045V100 29,560 940,500 SH Put SOLE   940,500 0 0
IAC INTERACTIVECORP COM 44919P508 34,689 736,800 SH Put SOLE   736,800 0 0
ICONIX BRAND GROUP INC COM 451055107 28,137 3,495,300 SH Put SOLE   3,495,300 0 0
INTERNATIONAL BUSINESS MACHS COM 459200101 10,602 70,000 SH Put SOLE   70,000 0 0
INVENSENSE INC COM 46123D205 11,820 1,407,200 SH Put SOLE   1,407,200 0 0
JABIL CIRCUIT INC COM 466313103 204 10,600 SH Put SOLE   10,600 0 0
JINKOSOLAR HLDG CO LTD SPONSORED ADR 47759T100 10,959 524,100 SH Put SOLE   524,100 0 0
KB HOME COM 48666K109 12,853 900,100 SH Put SOLE   900,100 0 0
KROGER CO COM 501044101 11,475 300,000 SH Put SOLE   300,000 0 0
L BRANDS INC COM 501797104 5,137 58,500 SH Put SOLE   58,500 0 0
LENNAR CORP CL A 526057104 8,656 179,000 SH Put SOLE   179,000 0 0
MGM RESORTS INTERNATIONAL COM 552953101 25,655 1,196,600 SH Put SOLE   1,196,600 0 0
MELCO CROWN ENTMT LTD ADR 585464100 8,255 500,000 SH Put SOLE   500,000 0 0
MERITAGE HOMES CORP COM 59001A102 19,295 529,200 SH Put SOLE   529,200 0 0
MONDELEZ INTL INC CL A 609207105 26,997 672,900 SH Put SOLE   672,900 0 0
NATIONSTAR MTG HLDGS INC COM 63861C109 2,129 215,000 SH Put SOLE   215,000 0 0
NAVISTAR INTL CORP NEW COM 63934E108 55,242 4,412,300 SH Put SOLE   4,412,300 0 0
NAVIENT CORP COM 63938C108 12,221 1,021,000 SH Put SOLE   1,021,000 0 0
NETFLIX INC COM 64110L106 79,208 774,800 SH Put SOLE   774,800 0 0
NIKE INC CL B 654106103 19,843 322,800 SH Put SOLE   322,800 0 0
NUANCE COMMUNICATIONS INC COM 67020Y100 29,762 1,592,400 SH Put SOLE   1,592,400 0 0
OCWEN FINL CORP COM NEW 675746309 366 148,000 SH Put SOLE   148,000 0 0
PHH CORP COM NEW 693320202 1,467 117,000 SH Put SOLE   117,000 0 0
PALO ALTO NETWORKS INC COM 697435105 15,090 92,500 SH Put SOLE   92,500 0 0
PENNEY J C INC COM 708160106 72,566 6,561,100 SH Put SOLE   6,561,100 0 0
PETROLEO BRASILEIRO SA PETRO SPONSORED ADR 71654V408 2,290 392,100 SH Put SOLE   392,100 0 0
PIONEER NAT RES CO COM 723787107 4,222 30,000 SH Put SOLE   30,000 0 0
PRICELINE GRP INC COM NEW 741503403 12,890 10,000 SH Put SOLE   10,000 0 0
PROSPECT CAPITAL CORPORATION COM 74348T102 17,986 2,474,000 SH Put SOLE   2,474,000 0 0
RESTORATION HARDWARE HLDGS I COM 761283100 23,553 767,200 SH Put SOLE   767,200 0 0
SALESFORCE COM INC COM 79466L302 6,970 94,400 SH Put SOLE   94,400 0 0
SCIENTIFIC GAMES CORP CL A 80874P109 943 100,000 SH Put SOLE   100,000 0 0
SOTHEBYS COM 835898107 5,472 220,800 SH Put SOLE   220,800 0 0
TENET HEALTHCARE CORP COM NEW 88033G407 9,654 333,700 SH Put SOLE   333,700 0 0
TESORO CORP COM 881609101 10,519 122,300 SH Put SOLE   122,300 0 0
TESLA MTRS INC COM 88160R101 184,753 804,077 SH Put SOLE   804,077 0 0
TWITTER INC COM 90184L102 4,965 300,000 SH Put SOLE   300,000 0 0
U S G CORP COM NEW 903293405 4,327 174,400 SH Put SOLE   174,400 0 0
ULTA SALON COSMETCS & FRAG I COM 90384S303 5,367 27,700 SH Put SOLE   27,700 0 0
UNDER ARMOUR INC CL A 904311107 21,284 485,700 SH Put SOLE   485,700 0 0
UNITED CONTL HLDGS INC COM 910047109 76,357 1,275,600 SH Put SOLE   1,275,600 0 0
UNITED STATES STL CORP NEW COM 912909108 20,920 1,303,400 SH Put SOLE   1,303,400 0 0
VALEANT PHARMACEUTICALS INTL COM 91911K102 31,886 1,212,400 SH Put SOLE   1,212,400 0 0
VEREIT INC COM 92339V100 36,497 4,114,700 SH Put SOLE   4,114,700 0 0
WALGREENS BOOTS ALLIANCE INC COM 931427108 8,020 95,200 SH Put SOLE   95,200 0 0
WHITING PETE CORP NEW COM 966387102 575 72,000 SH Put SOLE   72,000 0 0
WORKDAY INC CL A 98138H101 3,350 43,600 SH Put SOLE   43,600 0 0
YPF SOCIEDAD ANONIMA SPON ADR CL D 984245100 5,856 327,500 SH Put SOLE   327,500 0 0
YRC WORLDWIDE INC COM PAR $.01 984249607 638 68,500 SH Put SOLE   68,500 0 0
YY INC ADS REPCOM CLA 98426T106 50,652 822,400 SH Put SOLE   822,400 0 0
HERBALIFE LTD COM USD SHS G4412G101 38,715 628,900 SH Put SOLE   628,900 0 0
WEATHERFORD INTL PLC ORD SHS G48833100 234 30,100 SH Put SOLE   30,100 0 0
MALLINCKRODT PUB LTD CO SHS G5785G107 12,111 243,100 SH Put SOLE   243,100 0 0
SEADRILL LIMITED SHS G7945E105 12,180 3,691,000 SH Put SOLE   3,691,000 0 0
SINA CORP ORD G81477104 21,559 484,100 SH Put SOLE   484,100 0 0
TRANSOCEAN LTD REG SHS H8817H100 19,794 2,165,700 SH Put SOLE   2,165,700 0 0
AERCAP HOLDINGS NV SHS N00985106 25,884 667,800 SH Put SOLE   667,800 0 0
YANDEX N V SHS CLASS A N97284108 24,010 1,567,200 SH Put SOLE   1,567,200 0 0
ROYAL CARIBBEAN CRUISES LTD COM V7780T103 2,054 25,000 SH Put SOLE   25,000 0 0