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

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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
ALLIANCE DATA SYSTEMS CORP COM 018581108 47,215 202,465 SH   SOLE   202,465 0 0
CREDIT ACCEP CORP MICH COM 225310101 75,552 213,786 SH   SOLE   213,786 0 0
FACEBOOK INC CL A 30303M102 14,885 76,600 SH   SOLE   76,600 0 0
ITURAN LOCATION AND CONTROL SHS M6158M104 29,219 962,723 SH   SOLE   962,723 0 0
OLD DOMINION FGHT LINES INC COM 679580100 14,928 100,214 SH   SOLE   100,214 0 0
RMR GROUP INC CL A 74967R106 22,274 283,922 SH   SOLE   283,922 0 0
TESLA INC NOTE 2.375% 3/1 88160RAD3 10,104 8,311,000 SH   SOLE   8,311,000 0 0
TWENTY FIRST CENTY FOX INC CL B 90130A200 33,571 681,359 SH   SOLE   681,359 0 0