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
3-D SYS CORP DEL COM NEW 88554D205 1,350 25,000 SH   SOLE   25,000 0 0
ACTIVISION BLIZZARD INC COM 00507V109 15,012 900,000 SH Call SOLE   900,000 0 0
ADVANCE AUTO PARTS INC COM 00751Y106 16,536 200,000 SH Call SOLE   200,000 0 0
AERCAP HOLDINGS NV SHS N00985106 6,792 349,039 SH   SOLE   349,039 0 0
AGILENT TECHNOLOGIES INC COM 00846U101 30,750 600,000 SH Call SOLE   600,000 0 0
ALLSTATE CORP COM 020002101 2,528 50,000 SH   SOLE   50,000 0 0
AMERICAN INTL GROUP INC COM NEW 026874784 65,147 1,339,645 SH   SOLE   1,339,645 0 0
ANADARKO PETE CORP COM 032511107 46,495 500,000 SH   SOLE   500,000 0 0
ANGLOGOLD ASHANTI LTD SPONSORED ADR 035128206 9,296 700,000 SH   SOLE   700,000 0 0
ARES CAP CORP COM 04010L103 657 38,000 SH   SOLE   38,000 0 0
B/E AEROSPACE INC COM 073302101 10,704 145,000 SH   SOLE   145,000 0 0
BANCO SANTANDER BRASIL S A ADS REP 1 UNIT 05967A107 4,170 600,000 SH   SOLE   600,000 0 0
BANCORPSOUTH INC COM 059692103 695 34,848 SH   SOLE   34,848 0 0
BARRICK GOLD CORP COM 067901108 1,862 100,000 SH   SOLE   100,000 0 0
BARRICK GOLD CORP COM 067901108 23,275 1,250,000 SH Call SOLE   1,250,000 0 0
BAXTER INTL INC COM 071813109 26,276 400,000 SH Call SOLE   400,000 0 0
BHP BILLITON LTD SPONSORED ADR 088606108 266 4,000 SH   SOLE   4,000 0 0
BLACKSTONE MTG TR INC COM CL A 09257W100 1,260 50,000 SH   SOLE   50,000 0 0
BRF SA SPONSORED ADR 10552T107 621 25,300 SH   SOLE   25,300 0 0
CABLEVISION SYS CORP CL A NY CABLVS 12686C109 3,435 204,000 SH   SOLE   204,000 0 0
CALPINE CORP COM NEW 131347304 5,796 298,285 SH   SOLE   298,285 0 0
CARTER INC COM 146229109 6,180 81,438 SH   SOLE   81,438 0 0
CENTURYLINK INC COM 156700106 12,552 400,000 SH Call SOLE   400,000 0 0
CEPHEID COM 15670R107 4,685 120,000 SH   SOLE   120,000 0 0
CHINA MOBILE LIMITED SPONSORED ADR 16941M109 553 9,800 SH   SOLE   9,800 0 0
CHINA UNICOM (HONG KONG) LTD SPONSORED ADR 16945R104 301 19,500 SH   SOLE   19,500 0 0
CISCO SYS INC COM 17275R102 9,372 400,000 SH Call SOLE   400,000 0 0
CITIGROUP INC COM NEW 172967424 4,851 100,000 SH   SOLE   100,000 0 0
CNOOC LTD SPONSORED ADR 126132109 404 2,000 SH   SOLE   2,000 0 0
COMCAST CORP NEW CL A 20030N101 9,023 200,000 SH   SOLE   200,000 0 0
COMPANHIA BRASILEIRA DE DIST SPN ADR PFD CL A 20440T201 262 5,700 SH   SOLE   5,700 0 0
COMPANHIA DE BEBIDAS DAS AME SPON ADR PFD 20441W203 322 8,400 SH   SOLE   8,400 0 0
COSTCO WHSL CORP NEW COM 22160K105 23,034 200,000 SH Call SOLE   200,000 0 0
CUMMINS INC COM 231021106 4,838 36,412 SH   SOLE   36,412 0 0
CVB FINL CORP COM 126600105 2,477 183,200 SH   SOLE   183,200 0 0
D R HORTON INC COM 23331A109 12,128 624,189 SH   SOLE   624,189 0 0
DISH NETWORK CORP CL A 25470M109 45,010 1,000,000 SH   SOLE   1,000,000 0 0
DISNEY WALT CO COM DISNEY 254687106 22,572 350,000 SH Call SOLE   350,000 0 0
EXPEDIA INC DEL COM NEW 30212P303 10,362 200,000 SH Call SOLE   200,000 0 0
FACEBOOK INC CL A 30303M102 12,809 255,000 SH   SOLE   255,000 0 0
FIDELITY NATL INFORMATION SV COM 31620M106 5,862 126,236 SH   SOLE   126,236 0 0
FIRST NBC BK HLDG CO COM 32115D106 2,072 85,000 SH   SOLE   85,000 0 0
FISERV INC COM 337738108 9,953 98,500 SH   SOLE   98,500 0 0
FOMENTO ECONOMICO MEXICANO S SPON ADR UNITS 344419106 350 3,600 SH   SOLE   3,600 0 0
FORD MTR CO DEL COM PAR $0.01 345370860 16,870 1,000,000 SH   SOLE   1,000,000 0 0
FOX FACTORY HLDG CORP COM 35138V102 1,927 100,000 SH   SOLE   100,000 0 0
GENERAL MTRS CO COM 37045V100 52,157 1,450,000 SH   SOLE   1,450,000 0 0
GILEAD SCIENCES INC COM 375558103 15,718 250,000 SH   SOLE   250,000 0 0
GRUPO TELEVISA SA SPON ADR REP ORD 40049J206 400 14,300 SH   SOLE   14,300 0 0
HARTFORD FINL SVCS GROUP INC COM 416515104 33,810 1,086,427 SH   SOLE   1,086,427 0 0
HCA HOLDINGS INC COM 40412C101 8,550 200,000 SH Call SOLE   200,000 0 0
HD SUPPLY HLDGS INC COM 40416M105 35,976 1,637,500 SH   SOLE   1,637,500 0 0
HOME DEPOT INC COM 437076102 12,515 165,000 SH   SOLE   165,000 0 0
HOME DEPOT INC COM 437076102 22,755 300,000 SH Call SOLE   300,000 0 0
IDEX CORP COM 45167R104 1,566 24,000 SH   SOLE   24,000 0 0
INTERACTIVE BROKERS GROUP IN COM 45841N107 2,749 146,450 SH   SOLE   146,450 0 0
ISHARES MSCI THI CAP ETF 464286624 239 3,200 SH   SOLE   3,200 0 0
ISHARES MSCI STH KOR ETF 464286772 240 3,900 SH   SOLE   3,900 0 0
ISHARES MSCI JAPAN ETF 464286848 259 21,700 SH   SOLE   21,700 0 0
ISHARES MSCI STH AFR ETF 464286780 266 4,200 SH   SOLE   4,200 0 0
ISHARES MSCI ITALCPD ETF 464286855 284 20,100 SH   SOLE   20,100 0 0
ISHARES EAFE SML CP ETF 464288273 325 6,700 SH   SOLE   6,700 0 0
ISHARES MSCI SPAN CP ETF 464286764 337 9,700 SH   SOLE   9,700 0 0
ISHARES MSCI TAIWAN ETF 464286731 340 24,400 SH   SOLE   24,400 0 0
ISHARES MSCI FRANCE ETF 464286707 344 12,800 SH   SOLE   12,800 0 0
ISHARES MSCI EAFE ETF 464287465 345 5,400 SH   SOLE   5,400 0 0
ISHARES MSCI HONG KG ETF 464286871 359 17,900 SH   SOLE   17,900 0 0
ISHARES MSCI ACWI ETF 464288257 383 7,100 SH   SOLE   7,100 0 0
ISHARES MSCI SINGAP ETF 464286673 386 28,900 SH   SOLE   28,900 0 0
ISHARES MSCI AUST ETF 464286103 387 15,300 SH   SOLE   15,300 0 0
ISHARES MSCI PAC JP ETF 464286665 391 8,200 SH   SOLE   8,200 0 0
ISHARES EUROPE ETF 464287861 397 9,000 SH   SOLE   9,000 0 0
ISHARES MSCI AC ASIA ETF 464288182 408 7,000 SH   SOLE   7,000 0 0
ISHARES MSCI MALAYSI ETF 464286830 438 29,100 SH   SOLE   29,100 0 0
ISHARES EM MK MINVOL ETF 464286533 440 7,500 SH   SOLE   7,500 0 0
ISHARES EMU ETF 464286608 494 13,100 SH   SOLE   13,100 0 0
ISHARES MSCI GERMANY ETF 464286806 517 18,600 SH   SOLE   18,600 0 0
ISHARES MSCI POL CAP ETF 46429B606 722 25,200 SH   SOLE   25,200 0 0
ISHARES MSCI UK ETF 464286699 904 46,100 SH   SOLE   46,100 0 0
ISHARES MSCI CDA ETF 464286509 994 35,100 SH   SOLE   35,100 0 0
ISHARES MSCI BRZ CAP ETF 464286400 1,020 21,300 SH   SOLE   21,300 0 0
ISHARES CHINA LG-CAP ETF 464287184 4,049 109,200 SH   SOLE   109,200 0 0
ISHARES IBOXX HI YD ETF 464288513 19,855 216,807 SH   SOLE   216,807 0 0
ISHARES JP MOR EM MK ETF 464288281 27,551 252,700 SH   SOLE   252,700 0 0
ISHARES RUSSELL 2000 ETF 464287655 447,762 4,200,000 SH Put SOLE   4,200,000 0 0
JARDEN CORP COM 471109108 4,840 100,000 SH   SOLE   100,000 0 0
KB HOME COM 48666K109 2,150 119,300 SH   SOLE   119,300 0 0
KEYW HLDG CORP COM 493723100 1,419 105,527 SH   SOLE   105,527 0 0
LENNAR CORP CL A 526057104 13,779 389,250 SH   SOLE   389,250 0 0
LINKEDIN CORP COM CL A 53578A108 8,366 34,000 SH   SOLE   34,000 0 0
LITTELFUSE INC COM 537008104 6,791 86,818 SH   SOLE   86,818 0 0
LYONDELLBASELL INDUSTRIES N SHS - A - N53745100 29,292 400,000 SH   SOLE   400,000 0 0
MACYS INC COM 55616P104 17,308 400,000 SH   SOLE   400,000 0 0
MARKET VECTORS ETF TR RUSSIA ETF 57060U506 414 14,700 SH   SOLE   14,700 0 0
MEADOWBROOK INS GROUP INC COM 58319P108 325 50,000 SH   SOLE   50,000 0 0
MGIC INVT CORP WIS COM 552848103 14,560 2,000,000 SH   SOLE   2,000,000 0 0
MICHAEL KORS HLDGS LTD SHS G60754101 16,697 224,064 SH   SOLE   224,064 0 0
MOBILE TELESYSTEMS OJSC SPONSORED ADR 607409109 712 32,000 SH   SOLE   32,000 0 0
MONSANTO CO NEW COM 61166W101 26,093 250,000 SH Put SOLE   250,000 0 0
MORGAN STANLEY COM NEW 617446448 95,031 3,526,204 SH   SOLE   3,526,204 0 0
MYLAN INC COM 628530107 7,634 200,000 SH   SOLE   200,000 0 0
NAVISTAR INTL CORP NEW COM 63934E108 13,498 370,000 SH   SOLE   370,000 0 0
NCR CORP NEW COM 62886E108 7,526 190,000 SH   SOLE   190,000 0 0
NETEASE INC SPONSORED ADR 64110W102 581 8,000 SH   SOLE   8,000 0 0
NEW ORIENTAL ED & TECH GRP I SPON ADR 647581107 461 18,500 SH   SOLE   18,500 0 0
NEW YORK CMNTY BANCORP INC COM 649445103 1,080 71,500 SH   SOLE   71,500 0 0
NICE SYS LTD SPONSORED ADR 653656108 236 5,700 SH   SOLE   5,700 0 0
NORWEGIAN CRUISE LINE HLDGS SHS G66721104 9,255 300,000 SH   SOLE   300,000 0 0
OLD DOMINION FGHT LINES INC COM 679580100 2,537 55,175 SH   SOLE   55,175 0 0
PIER 1 IMPORTS INC COM 720279108 4,880 250,000 SH   SOLE   250,000 0 0
POPULAR INC COM NEW 733174700 1,764 67,200 SH   SOLE   67,200 0 0
PRUDENTIAL FINL INC COM 744320102 7,798 100,000 SH Call SOLE   100,000 0 0
PULTE GROUP INC COM 745867101 6,547 396,800 SH   SOLE   396,800 0 0
RADIAN GROUP INC COM 750236101 14,630 1,050,229 SH   SOLE   1,050,229 0 0
REALOGY HLDGS CORP COM 75605Y106 5,399 125,509 SH   SOLE   125,509 0 0
REGIONS FINL CORP NEW COM 7591EP100 2,778 300,000 SH   SOLE   300,000 0 0
ROYAL CARIBBEAN CRUISES LTD COM V7780T103 11,484 300,000 SH Call SOLE   300,000 0 0
RYLAND GROUP INC COM 783764103 2,570 63,400 SH   SOLE   63,400 0 0
SAKS INC COM 79377W108 31,086 1,950,207 SH   SOLE   1,950,207 0 0
SALESFORCE COM INC COM 79466L302 9,084 175,000 SH   SOLE   175,000 0 0
SASOL LTD SPONSORED ADR 803866300 239 5,000 SH   SOLE   5,000 0 0
SELECT SECTOR SPDR TR SBI INT-UTILS 81369Y886 9,854 263,700 SH   SOLE   263,700 0 0
SELECT SECTOR SPDR TR TECHNOLOGY 81369Y803 16,020 500,000 SH Call SOLE   500,000 0 0
SELECT SECTOR SPDR TR TECHNOLOGY 81369Y803 19,808 618,238 SH   SOLE   618,238 0 0
SELECT SECTOR SPDR TR SBI INT-INDS 81369Y704 20,808 448,400 SH   SOLE   448,400 0 0
SNAP ON INC COM 833034101 13,532 136,000 SH   SOLE   136,000 0 0
SOHU COM INC COM 83408W103 520 6,600 SH   SOLE   6,600 0 0
SOUTHERN COPPER CORP COM 84265V105 297 10,900 SH   SOLE   10,900 0 0
SPDR INDEX SHS FDS EURO STOXX 50 78463X202 941 24,500 SH   SOLE   24,500 0 0
SPDR SERIES TRUST S&P HOMEBUILD 78464A888 22,949 750,000 SH   SOLE   750,000 0 0
SPREADTRUM COMMUNICATIONS IN ADR 849415203 356 11,700 SH   SOLE   11,700 0 0
SPRINT CORP COM SER 1 85207U105 18,657 3,000,000 SH   SOLE   3,000,000 0 0
ST JOE CO COM 790148100 8,684 442,600 SH   SOLE   442,600 0 0
STERICYCLE INC COM 858912108 8,655 75,000 SH Call SOLE   75,000 0 0
STERLING FINL CORP WASH COM NEW 859319303 3,368 117,572 SH   SOLE   117,572 0 0
SYNOVUS FINL CORP COM 87161C105 5,396 1,635,100 SH   SOLE   1,635,100 0 0
TATA MTRS LTD SPONSORED ADR 876568502 343 12,900 SH   SOLE   12,900 0 0
TELEFONICA BRASIL SA SPONSORED ADR 87936R106 2,226 99,200 SH   SOLE   99,200 0 0
TENARIS S A SPONSORED ADR 88031M109 332 7,100 SH   SOLE   7,100 0 0
TESORO CORP COM 881609101 3,958 90,000 SH   SOLE   90,000 0 0
TESORO CORP COM 881609101 22,870 520,000 SH Call SOLE   520,000 0 0
TIME WARNER INC COM NEW 887317303 18,098 275,000 SH   SOLE   275,000 0 0
TJX COS INC NEW COM 872540109 7,824 138,750 SH   SOLE   138,750 0 0
TOLL BROTHERS INC COM 889478103 10,589 326,515 SH   SOLE   326,515 0 0
TOTAL SYS SVCS INC COM 891906109 5,866 199,400 SH   SOLE   199,400 0 0
TRACTOR SUPPLY CO COM 892356106 5,374 80,000 SH   SOLE   80,000 0 0
TWENTY FIRST CENTY FOX INC CL A 90130A101 7,872 234,905 SH   SOLE   234,905 0 0
UNION PAC CORP COM 907818108 7,503 48,300 SH   SOLE   48,300 0 0
UNITED TECHNOLOGIES CORP COM 913017109 12,938 120,000 SH Call SOLE   120,000 0 0
VALE S A ADR REPSTG PFD 91912E204 176 12,400 SH   SOLE   12,400 0 0
VALE S A ADR 91912E105 384 24,600 SH   SOLE   24,600 0 0
VANGUARD INTL EQUITY INDEX F FTSE EMR MKT ETF 922042858 377 9,400 SH   SOLE   9,400 0 0
VANGUARD INTL EQUITY INDEX F ALLWRLD EX US 922042775 384 7,900 SH   SOLE   7,900 0 0
VANGUARD INTL EQUITY INDEX F FTSE EUROPE ETF 922042874 768 14,100 SH   SOLE   14,100 0 0
VIMPELCOM LTD SPONSORED ADR 92719A106 249 21,200 SH   SOLE   21,200 0 0
WALGREEN CO COM 931422109 43,040 800,000 SH Call SOLE   800,000 0 0
WALTER INVT MGMT CORP COM 93317W102 2,096 53,000 SH   SOLE   53,000 0 0
WCI CMNTYS INC COM PAR $0.01 92923C807 3,488 202,100 SH   SOLE   202,100 0 0
WEYERHAEUSER CO COM 962166104 12,815 447,600 SH Call SOLE   447,600 0 0
WHIRLPOOL CORP COM 963320106 732 5,000 SH   SOLE   5,000 0 0
WILSHIRE BANCORP INC COM 97186T108 2,216 271,200 SH   SOLE   271,200 0 0
WIPRO LTD SPON ADR 1 SH 97651M109 259 25,200 SH   SOLE   25,200 0 0
WISDOMTREE TR EMERG MKTS ETF 97717W315 372 7,200 SH   SOLE   7,200 0 0
WYNN RESORTS LTD COM 983134107 2,496 15,796 SH   SOLE   15,796 0 0
XEROX CORP COM 984121103 15,435 1,500,000 SH   SOLE   1,500,000 0 0
YOUKU TUDOU INC SPONSORED ADR 98742U100 400 14,600 SH   SOLE   14,600 0 0