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
AAC HLDGS INC COM 000307108 4,201 137,380 SH   SOLE 137,380 0 0
BOK FINL CORP COM NEW 05561Q201 9,183 150,000 SH   SOLE 150,000 0 0
CALLAWAY GOLF CO COM 131193104 26,849 2,817,264 SH   SOLE 2,817,264 0 0
CHENIERE ENERGY INC COM NEW 16411R208 11,610 150,000 SH Put SOLE 150,000 0 0
CHENIERE ENERGY INC COM NEW 16411R208 22,585 291,800 SH   SOLE 291,800 0 0
CULLEN FROST BANKERS INC COM 229899109 10,707 155,000 SH   SOLE 155,000 0 0
GRAMERCY PPTY TR INC COM NEW 38489R605 15,962 568,653 SH   SOLE 568,653 0 0
HAWAIIAN TELCOM HOLDCO INC COM 420031106 6,989 262,467 SH   SOLE 262,467 0 0
HRG GROUP INC COM 40434J100 4,517 361,909 SH   SOLE 361,909 0 0
MACQUARIE INFRASTR CO LLC MEMBERSHIP INT 55608B105 22,503 273,462 SH   SOLE 273,462 0 0
NORTHSTAR RLTY FIN CORP COM NEW 66704R704 17,576 970,000 SH   SOLE 970,000 0 0
SHUTTERFLY INC COM 82568P304 18,096 400,000 SH   SOLE 400,000 0 0
TESLA MTRS INC COM 88160R101 12,836 68,000 SH Put SOLE 68,000 0 0
TITAN MACHY INC COM 88830R101 6,789 508,516 SH   SOLE 508,516 0 0
YPF SOCIEDAD ANONIMA SPON ADR CL D 984245100 11,941 435,000 SH   SOLE 435,000 0 0