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
FACEBOOK INC CL A 30303M102 139,639 1,065,215 SH   DFND 1 1,065,215 0 0
TWITTER INC COM 90184L102 116,173 4,042,217 SH   DFND 1 4,042,217 0 0
TRANSOCEAN LTD REG SHS H8817H100 109,879 15,832,647 SH   DFND 1 15,832,647 0 0
TECK RESOURCES LTD CL B 878742204 104,360 4,844,948 SH   DFND 1 4,844,948 0 0
BED BATH & BEYOND INC COM 075896100 104,227 9,207,291 SH   DFND 1 9,207,291 0 0
FREEPORT-MCMORAN INC CL B 35671D857 80,035 7,762,828 SH   DFND 1 7,762,828 0 0
VIACOM INC NEW CL B 92553P201 77,670 3,022,188 SH   DFND 1 3,022,188 0 0
FOSSIL GROUP INC COM 34988V106 75,426 4,795,032 SH   DFND 1 4,795,032 0 0
MACYS INC COM 55616P104 71,150 2,389,200 SH   DFND 1 2,389,200 0 0
ENSCO PLC SHS CLASS A G3157S106 70,017 19,667,693 SH   DFND 1 19,667,693 0 0
PHILIP MORRIS INTL INC COM 718172109 59,835 896,263 SH   DFND 1 896,263 0 0
BARRICK GOLD CORP COM 067901108 58,144 4,294,265 SH   DFND 1 4,294,265 0 0
ABERCROMBIE & FITCH CO CL A 002896207 57,945 2,890,039 SH   DFND 1 2,890,039 0 0
MOLSON COORS BREWING CO CL B 60871R209 44,233 787,627 SH   DFND 1 787,627 0 0
SEADRILL LTD COM G7998G106 42,818 4,391,550 SH   DFND 1 4,391,550 0 0
COTY INC COM CL A 222070203 42,050 6,410,041 SH   DFND 1 6,410,041 0 0
KINROSS GOLD CORP COM NO PAR 496902404 40,468 12,490,012 SH   DFND 1 12,490,012 0 0
DIAMOND OFFSHORE DRILLING IN COM 25271C102 39,927 4,229,510 SH   DFND 1 4,229,510 0 0
BRINKER INTL INC COM 109641100 38,052 865,215 SH   DFND 1 865,215 0 0
EXPRESS INC COM 30219E103 31,232 6,111,868 SH   DFND 1 6,111,868 0 0
OWENS ILL INC COM NEW 690768403 25,925 1,503,761 SH   DFND 1 1,503,761 0 0
NOBLE CORP PLC SHS USD G65431101 22,784 8,696,164 SH   DFND 1 8,696,164 0 0
FRANKLIN RES INC COM 354613101 21,936 739,585 SH   DFND 1 739,585 0 0
NATIONAL OILWELL VARCO INC COM 637071101 20,209 786,343 SH   DFND 1 786,343 0 0
JD COM INC SPON ADR CL A 47215P106 18,666 891,830 SH   DFND 1 891,830 0 0
PENNEY J C INC COM 708160106 15,140 14,557,297 SH   DFND 1 14,557,297 0 0
IAMGOLD CORP COM 450913108 13,189 3,584,094 SH   DFND 1 3,584,094 0 0
APPLE INC COM 037833100 13,018 82,526 SH   DFND 1 82,526 0 0
OVERSTOCK COM INC DEL COM 690370101 12,620 929,328 SH   DFND 1 929,328 0 0
VALE S A ADR 91912E105 10,366 785,919 SH   DFND 1 785,919 0 0
CHICOS FAS INC COM 168615102 9,848 1,752,334 SH   DFND 1 1,752,334 0 0
GILEAD SCIENCES INC COM 375558103 8,911 142,465 SH   DFND 1 142,465 0 0
SIGNET JEWELERS LIMITED SHS G81276100 7,817 246,057 SH   DFND 1 246,057 0 0
GOLDMAN SACHS GROUP INC COM 38141G104 6,761 40,471 SH   DFND 1 40,471 0 0
BITAUTO HLDGS LTD SPONSORED ADS 091727107 6,015 242,851 SH   DFND 1 242,851 0 0
BUCKLE INC COM 118440106 5,853 302,622 SH   DFND 1 302,622 0 0
DESPEGAR COM CORP ORD SHS G27358103 5,445 438,732 SH   DFND 1 438,732 0 0
WEIBO CORP SPONSORED ADR 948596101 4,599 78,715 SH   DFND 1 78,715 0 0
NATERA INC COM 632307104 4,498 322,196 SH   DFND 1 322,196 0 0
ENCANA CORP COM 292505104 2,596 449,215 SH   DFND 1 449,215 0 0
ROWAN COMPANIES PLC SHS CL A G7665A101 2,357 280,982 SH   DFND 1 280,982 0 0
FORUM ENERGY TECHNOLOGIES IN COM 34984V100 1,972 477,512 SH   DFND 1 477,512 0 0
KROGER CO COM 501044101 1,722 62,629 SH   DFND 1 62,629 0 0
BAIDU INC SPON ADR REP A 056752108 835 5,264 SH   DFND 1 5,264 0 0
TEGNA INC COM 87901J105 729 67,034 SH   DFND 1 67,034 0 0
DISCOVERY INC COM SER C 25470F302 678 29,388 SH   DFND 1 29,388 0 0
PIER 1 IMPORTS INC COM 720279108 302 987,634 SH   DFND 1 987,634 0 0