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
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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
BOEING CO COM 097023105 2,796 11,000 SH   SOLE   11,000 0 0
CAPITAL ONE FINL CORP COM 14040H105 14,635 172,863 SH   SOLE   172,863 0 0
CITIGROUP INC COM NEW 172967424 10,029 137,875 SH   SOLE   137,875 0 0
CITIGROUP INC COM NEW 172967424 6,547 90,000 SH Call SOLE   0 0 0
CITIZENS FINL GROUP INC COM 174610105 22,366 590,603 SH   SOLE   590,603 0 0
COTY INC COM CL A 222070203 496 30,000 SH   SOLE   30,000 0 0
DEUTSCHE BANK A G NOTE 7.500%12/3 251525AN1 17,079 16,200,000 PRN   SOLE   16,200,000 0 0
DISCOVER FINL SVCS COM 254709108 30,366 470,936 SH   SOLE   470,936 0 0
DISCOVER FINL SVCS COM 254709108 11,606 180,000 SH Call SOLE   0 0 0
E TRADE FINANCIAL CORP COM NEW 269246401 16,204 371,563 SH   SOLE   371,563 0 0
AGNC INVT CORP COM 00123Q104 4,336 200,000 SH Put SOLE   0 0 0
E TRADE FINANCIAL CORP COM NEW 269246401 5,015 115,000 SH Call SOLE   0 0 0
ENCORE CAP GROUP INC NOTE 2.875% 3/1 292554AH5 5,487 5,526,000 PRN   SOLE   5,526,000 0 0
FNB CORP PA COM 302520101 2,330 166,050 SH   SOLE   166,050 0 0
FIFTH THIRD BANCORP COM 316773100 8,026 286,850 SH   SOLE   286,850 0 0
GENERAL DYNAMICS CORP COM 369550108 1,912 9,300 SH   SOLE   9,300 0 0
GOLDMAN SACHS GROUP INC COM 38141G104 593 2,500 SH Call SOLE   0 0 0
HUNTINGTON BANCSHARES INC COM 446150104 22,898 1,640,275 SH   SOLE   1,640,275 0 0
ISHARES TR MSCI EMG MKT ETF 464287234 30,919 690,000 SH Put SOLE   0 0 0
ISHARES TR RUSSELL 2000 ETF 464287655 108,171 730,000 SH Put SOLE   0 0 0
JPMORGAN CHASE & CO COM 46625H100 8,915 93,337 SH   SOLE   93,337 0 0
AMERICAN EXPRESS CO COM 025816109 16,283 180,000 SH Put SOLE   0 0 0
JPMORGAN CHASE & CO COM 46625H100 8,644 90,500 SH Call SOLE   0 0 0
KKR & CO L P DEL COM UNITS 48248M102 18,652 917,481 SH   SOLE   917,481 0 0
KEYCORP NEW COM 493267108 20,105 1,068,269 SH   SOLE   1,068,269 0 0
LOCKHEED MARTIN CORP COM 539830109 1,908 6,150 SH   SOLE   6,150 0 0
MACERICH CO COM 554382101 3,198 58,182 SH   SOLE   58,182 0 0
METLIFE INC COM 59156R108 12,857 247,490 SH   SOLE   247,490 0 0
NORTHROP GRUMMAN CORP COM 666807102 1,942 6,750 SH   SOLE   6,750 0 0
OCH ZIFF CAP MGMT GROUP CL A 67551U105 644 200,000 SH   SOLE   200,000 0 0
PAYPAL HLDGS INC COM 70450Y103 9,604 150,000 SH Put SOLE   0 0 0
POWERSHARES QQQ TRUST UNIT SER 1 73935A104 43,635 300,000 SH Put SOLE   0 0 0
ANSYS INC COM 03662Q105 614 5,000 SH   SOLE   5,000 0 0
PRUDENTIAL FINL INC COM 744320102 2,121 19,950 SH   SOLE   19,950 0 0
RAYTHEON CO COM NEW 755111507 1,922 10,300 SH   SOLE   10,300 0 0
REGIONS FINL CORP NEW COM 7591EP100 14,019 920,477 SH   SOLE   920,477 0 0
ROYAL BK CDA MONTREAL QUE COM 780087102 6,194 80,000 SH Put SOLE   0 0 0
SPDR SERIES TRUST S&P REGL BKG 78464A698 7,556 133,127 SH   SOLE   133,127 0 0
SPDR SERIES TRUST S&P BK ETF 78464A797 7,557 167,592 SH   SOLE   167,592 0 0
SANTANDER CONSUMER USA HDG I COM 80283M101 6,857 446,101 SH   SOLE   446,101 0 0
SCHWAB CHARLES CORP NEW COM 808513105 14,891 340,450 SH   SOLE   340,450 0 0
SEALED AIR CORP NEW COM 81211K100 1,233 28,869 SH   SOLE   28,869 0 0
SIGNATURE BK NEW YORK N Y COM 82669G104 8,380 65,450 SH   SOLE   65,450 0 0
BANK AMER CORP COM 060505104 36,735 1,449,682 SH   SOLE   1,449,682 0 0
SIMON PPTY GROUP INC NEW COM 828806109 5,474 34,000 SH   SOLE   34,000 0 0
US BANCORP DEL COM NEW 902973304 7,795 145,456 SH   SOLE   145,456 0 0
UNITED TECHNOLOGIES CORP COM 913017109 1,846 15,900 SH   SOLE   15,900 0 0
VOYA FINL INC COM 929089100 30,965 776,254 SH   SOLE   776,254 0 0
WELLS FARGO CO NEW COM 949746101 32,128 582,560 SH   SOLE   582,560 0 0
WELLS FARGO CO NEW *W EXP 10/28/201 949746804 20,119 15,300 SH   SOLE   15,300 0 0
XL GROUP LTD COM G98294104 3,945 100,000 SH Put SOLE   0 0 0
BANK AMER CORP COM 060505104 7,237 285,600 SH Call SOLE   0 0 0
BANKUNITED INC COM 06652K103 3,230 90,801 SH   SOLE   90,801 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 14,666 80,000 SH Put SOLE   0 0 0
BLACKSTONE GROUP L P COM UNIT LTD 09253U108 29,280 877,427 SH   SOLE   877,427 0 0