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
AERCAP HOLDINGS NV SHS N00985106 79,320 1,939,372 SH   SOLE   1,939,372 0 0
ALLERGAN INC COM 018490102 708 3,971 SH   OTR   0 3,971 0
ALLERGAN INC COM 018490102 113,896 639,184 SH   SOLE   639,184 0 0
DISH NETWORK CORP CL A 25470M109 291 4,513 SH   OTR   0 4,513 0
DISH NETWORK CORP CL A 25470M109 46,886 726,013 SH   SOLE   726,013 0 0
EBAY INC COM 278642103 886 15,650 SH   OTR   0 15,650 0
EBAY INC COM 278642103 180,340 3,184,528 SH   SOLE   3,184,528 0 0
EQUITY COMWLTH COM SH BEN INT 294628102 113,273 4,405,814 SH   SOLE   4,405,814 0 0
GENERAL MTRS CO COM 37045V100 816 25,537 SH   OTR   0 25,537 0
GENERAL MTRS CO COM 37045V100 131,439 4,115,170 SH   SOLE   4,115,170 0 0
HERTZ GLOBAL HOLDINGS INC COM 42805T105 534 21,022 SH   OTR   0 21,022 0
HERTZ GLOBAL HOLDINGS INC COM 42805T105 85,451 3,365,520 SH   SOLE   3,365,520 0 0
HESS CORP COM 42809H107 132,891 1,408,937 SH   SOLE   1,408,937 0 0
HESS CORP COM 42809H107 822 8,713 SH   OTR   0 8,713 0
IRON MTN INC COM 462846106 137,263 4,204,072 SH   SOLE   4,204,072 0 0
LIBERTY INTERACTIVE CORP INT COM SER A 53071M104 110,169 3,862,873 SH   SOLE   3,862,873 0 0
LOUISIANA PAC CORP COM 546347105 38,242 2,814,000 SH   SOLE   2,814,000 0 0
NCR CORP NEW COM 62886E108 31,312 937,200 SH   SOLE   937,200 0 0
NU SKIN ENTERPRISES INC CL A 67018T105 10,415 231,300 SH   SOLE   231,300 0 0
OCWEN FINL CORP COM NEW 675746309 324 12,387 SH   OTR   0 12,387 0
OCWEN FINL CORP COM NEW 675746309 51,599 1,970,920 SH   SOLE   1,970,920 0 0
OUTERWALL INC COM 690070107 36,685 653,915 SH   SOLE   653,915 0 0
SANTANDER CONSUMER USA HDG I COM 80283M101 117,269 6,584,457 SH   SOLE   6,584,457 0 0
SERVICE CORP INTL COM 817565104 91,416 4,324,321 SH   SOLE   4,324,321 0 0
SEVENTY SEVEN ENERGY INC COM 818097107 66,375 2,795,900 SH   SOLE   2,795,900 0 0
SOHU COM INC COM 83408W103 5,063 100,800 SH   SOLE   100,800 0 0
SPIRIT AEROSYSTEMS HLDGS INC COM CL A 848574109 97,993 2,574,691 SH   SOLE   2,574,691 0 0
YAHOO INC COM 984332106 888 21,790 SH   OTR   0 21,790 0
YAHOO INC COM 984332106 211,136 5,181,254 SH   SOLE   5,181,254 0 0
YPF SOCIEDAD ANONIMA SPON ADR CL D 984245100 120,047 3,245,400 SH   SOLE   3,245,400 0 0