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
AETNA INC NEW COM 00817Y108 1,105 5,446 SH   SOLE   5,446 0 0
ALIO GOLD INC COM 01627X108 19 23,712 SH   SOLE   23,712 0 0
ALLSTATE CORP COM 020002101 291 2,950 SH   SOLE   2,950 0 0
AMTRUST FINL SVCS INC COM 032359309 3,340 230,000 SH   SOLE   230,000 0 0
ANDEAVOR COM 03349M105 1,755 11,436 SH   SOLE   11,436 0 0
ASPEN INSURANCE HOLDINGS LTD SHS G05384105 1,881 45,000 SH   SOLE   45,000 0 0
AVISTA CORP COM 05379B107 758 15,000 SH   SOLE   15,000 0 0
BANK MONTREAL QUE COM 063671101 267 3,236 SH   SOLE   3,236 0 0
BANK N S HALIFAX COM 064149107 605 10,143 SH   SOLE   10,143 0 0
CA INC COM 12673P105 5,960 135,000 SH   SOLE   135,000 0 0
CDN IMPERIAL BK COMM TORONTO COM 136069101 375 4,000 SH   SOLE   4,000 0 0
CHINA BIOLOGIC PRODS HLDGS I COM G21515104 480 6,000 SH   SOLE   6,000 0 0
CHINA XD PLASTICS CO LTD COM 16948F107 72 20,000 SH   SOLE   20,000 0 0
COASTWAY BANCORP INC COM 190632109 1,974 70,000 SH   SOLE   70,000 0 0
COMMAND SEC CORP COM 20050L100 189 67,750 SH   SOLE   67,750 0 0
DUN & BRADSTREET CORP DEL NE COM 26483E100 9,106 63,900 SH   SOLE   63,900 0 0
ELLIS PERRY INTL INC COM 288853104 1,333 48,772 SH   SOLE   48,772 0 0
ENERGEN CORP COM 29265N108 5,170 60,000 SH   SOLE   60,000 0 0
ENERGY XXI GULF COAST INC COM 29276K101 5,546 663,408 SH   SOLE   663,408 0 0
ENVISION HEALTHCARE CORP COM 29414D100 8,460 185,000 SH   SOLE   185,000 0 0
EXPRESS SCRIPTS HLDG CO COM 30219G108 3,990 42,000 SH   SOLE   42,000 0 0
FOREST CITY RLTY TR INC COM CL A 345605109 13,423 535,000 SH   SOLE   535,000 0 0
GRAMERCY PPTY TR COM NEW 385002308 10,906 397,437 SH   SOLE   397,437 0 0
ICICI BK LTD ADR 45104G104 159 18,700 SH   SOLE   18,700 0 0
IDERA PHARMACEUTICALS INC COM PAR 45168K405 172 19,341 SH   SOLE   19,341 0 0
INVUITY INC COM NEW 46187J205 4,126 557,572 SH   SOLE   557,572 0 0
K2M GROUP HLDGS INC COM 48273J107 1,369 50,000 SH   SOLE   50,000 0 0
KAPSTONE PAPER & PACKAGING C COM 48562P103 4,425 130,495 SH   SOLE   130,495 0 0
KLX INC COM 482539103 734 11,688 SH   SOLE   11,688 0 0
KMG CHEMICALS INC COM 482564101 3,778 50,000 SH   SOLE   50,000 0 0
LASALLE HOTEL PPTYS COM SH BEN INT 517942108 727 21,012 SH   SOLE   21,012 0 0
LIFEPOINT HEALTH INC COM 53219L109 6,946 107,851 SH   SOLE   107,851 0 0
MAGICJACK VOCALTEC LTD SHS M6787E101 781 93,476 SH   SOLE   93,476 0 0
MANULIFE FINL CORP COM 56501R106 241 13,500 SH   SOLE   13,500 0 0
MAZOR ROBOTICS LTD SPONSORED ADS 57886P103 1,166 20,000 SH   SOLE   20,000 0 0
MITEL NETWORKS CORP COM 60671Q104 7,683 697,200 SH   SOLE   697,200 0 0
NAVIGATORS GROUP INC COM 638904102 1,451 21,000 SH   SOLE   21,000 0 0
NEVADA GOLD & CASINOS INC COM NEW 64126Q206 419 175,500 SH   SOLE   175,500 0 0
NEVSUN RES LTD COM 64156L101 1,556 351,330 SH   SOLE   351,330 0 0
NXP SEMICONDUCTORS N V COM N6596X109 693 8,100 SH   SOLE   8,100 0 0
NXSTAGE MEDICAL INC COM 67072V103 558 20,000 SH   SOLE   20,000 0 0
OCEAN RIG UDW INC COM CL A G66964118 5,366 155,000 SH   SOLE   155,000 0 0
ORBOTECH LTD ORD M75253100 1,189 20,000 SH   SOLE   20,000 0 0
POAGE BANKSHARES INC COM 730206109 1,955 77,138 SH   SOLE   77,138 0 0
RADISYS CORP COM 750459109 713 437,204 SH   SOLE   437,204 0 0
REIS INC COM 75936P105 836 36,358 SH   SOLE   36,358 0 0
RLJ ENTMT INC COM NEW 74965F203 155 25,000 SH   SOLE   25,000 0 0
ROYAL BK CDA MONTREAL QUE COM 780087102 387 4,821 SH   SOLE   4,821 0 0
SENOMYX INC COM 81724Q107 1,332 900,000 SH   SOLE   900,000 0 0
SODASTREAM INTERNATIONAL LTD USD SHS M9068E105 1,625 11,355 SH   SOLE   11,355 0 0
SPARTON CORP COM 847235108 280 19,380 SH   SOLE   19,380 0 0
SPRINT CORP COM SER 1 85207U105 327 50,000 SH   SOLE   50,000 0 0
STEWART INFORMATION SVCS COR COM 860372101 450 10,000 SH   SOLE   10,000 0 0
SUNCOR ENERGY INC NEW COM 867224107 347 8,964 SH   SOLE   8,964 0 0
SUPERVALU INC COM NEW 868536301 3,142 97,519 SH   SOLE   97,519 0 0
SYNTEL INC COM 87162H103 1,916 46,750 SH   SOLE   46,750 0 0
TELUS CORP COM 87971M103 223 6,064 SH   SOLE   6,064 0 0
TORONTO DOMINION BK ONT COM NEW 891160509 711 11,700 SH   SOLE   11,700 0 0
TRANSCANADA CORP COM 89353D107 208 5,150 SH   SOLE   5,150 0 0
TWENTY FIRST CENTY FOX INC CL A 90130A101 1,158 25,000 SH   SOLE   25,000 0 0
U S G CORP COM NEW 903293405 5,536 127,824 SH   SOLE   127,824 0 0
UNITEDHEALTH GROUP INC COM 91324P102 319 1,200 SH   SOLE   1,200 0 0
VECTREN CORP COM 92240G101 2,802 39,200 SH   SOLE   39,200 0 0
WEB COM GROUP INC COM 94733A104 1,984 71,100 SH   SOLE   71,100 0 0
WSI INDS INC COM 92932Q102 242 35,023 SH   SOLE   35,023 0 0
XCERRA CORP COM 98400J108 1,421 99,600 SH   SOLE   99,600 0 0
XERIUM TECHNOLOGIES INC COM NEW 98416J118 1,346 100,000 SH   SOLE   100,000 0 0
XO GROUP INC COM 983772104 2,241 65,000 SH   SOLE   65,000 0 0
ZOES KITCHEN INC COM 98979J109 254 20,000 SH   SOLE   20,000 0 0