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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 FIGI (to the nearest dollar) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
ABERCROMBIE & FITCH CO CL A 002896207   565,877 24,700 SH Put SOLE   24,700 0 0
GOL LINHAS AEREAS INTELIGENT SPON ADR PFD NEW 38045R206   961,200 360,000 SH Put SOLE   360,000 0 0
GOL LINHAS AEREAS INTELIGENT SPON ADR PFD NEW 38045R206   213,600 80,000 SH Put SOLE   80,000 0 0
ISHARES INC MSCI BRAZIL ETF 464286400   760,784 27,200 SH Put SOLE   27,200 0 0
ISHARES TR IBOXX HI YD ETF 464288513   7,274,644 98,800 SH Put SOLE   98,800 0 0
ISHARES TR RUSSELL 2000 ETF 464287655   5,841,060 33,500 SH Put SOLE   33,500 0 0
SELECT SECTOR SPDR TR SBI INT-INDS 81369Y704   1,659,749 16,900 SH Put SOLE   16,900 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103   3,174,169 8,300 SH Put SOLE   8,300 0 0