Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
BRK/B	BERKSHIRE HATHAWAY INC DEL	3,295,776	$391M	13.0%	$118.56	—	—	CL B NEW	084670702
BRK/A	BERKSHIRE HATHAWAY INC DEL	1,921	$342M	11.3%	$177900.05	—	—	CL A	084670108
WFC	WELLS FARGO & CO NEW	4,323,149	$196M	6.5%	$45.40	—	—	COM	949746101
—	CHEMTURA CORP	4,716,800	$132M	4.4%	$27.92	—	—	COM NEW	163893209
LYB	LYONDELLBASELL INDUSTRIES N	1,517,200	$122M	4.0%	$80.28	—	—	SHS - A -	N53745100
KMX	CARMAX INC	2,441,000	$115M	3.8%	$47.02	—	—	COM	143130102
BRK/B	BERKSHIRE HATHAWAY INC DEL	765,000	$90.7M	3.0%	$118.56	—	—	Call	084670702
—	GREEN MTN COFFEE ROASTERS IN	1,173,600	$88.65M	2.9%	$75.54	—	—	COM	393122106
TJX	TJX COS INC NEW	1,219,100	$77.69M	2.6%	$63.73	—	—	COM	872540109
—	WALGREEN CO	1,264,300	$72.62M	2.4%	$57.44	—	—	COM	931422109
DAL	DELTA AIR LINES INC DEL	2,553,600	$70.15M	2.3%	$27.47	—	—	COM NEW	247361702
MU	MICRON TECHNOLOGY INC	3,070,700	$66.79M	2.2%	$21.75	—	—	COM	595112103
—	HORNBECK OFFSHORE SVCS INC N	1,269,786	$62.51M	2.1%	$49.23	—	—	COM	440543106
AXP	AMERICAN EXPRESS CO	641,000	$58.16M	1.9%	$90.73	—	—	COM	025816109
FSLR	FIRST SOLAR INC	1,018,600	$55.66M	1.8%	$54.64	—	—	Put	336433107
GLD	SPDR GOLD TRUST	461,068	$53.54M	1.8%	$116.12	—	—	GOLD SHS	78463V107
SLB	SCHLUMBERGER LTD	563,500	$50.78M	1.7%	$90.11	—	—	COM	806857108
CNQ	CANADIAN NAT RES LTD	1,483,300	$50.2M	1.7%	$33.84	—	—	COM	136385101
—	VODAFONE GROUP PLC NEW	1,108,400	$43.57M	1.4%	$39.31	—	—	SPONS ADR NEW	92857W209
—	LAMAR ADVERTISING CO	757,700	$39.59M	1.3%	$52.25	—	—	CL A	512815101
—	KAPSTONE PAPER & PACKAGING C	698,535	$39.02M	1.3%	$55.86	—	—	COM	48562P103
HCA	HCA HOLDINGS INC	794,200	$37.89M	1.3%	$47.71	—	—	COM	40412C101
LUV	SOUTHWEST AIRLS CO	1,897,900	$35.76M	1.2%	$18.84	—	—	COM	844741108
—	EXPRESS SCRIPTS HLDG CO	500,000	$35.12M	1.2%	$70.24	—	—	Put	30219G108
IWM	ISHARES	300,000	$34.61M	1.1%	$115.36	—	—	RUSSELL 2000 ETF	464287655
—	GREEN MTN COFFEE ROASTERS IN	450,000	$33.99M	1.1%	$75.54	—	—	Call	393122106
WMT	WAL-MART STORES INC	414,800	$32.64M	1.1%	$78.69	—	—	COM	931142103
MS	MORGAN STANLEY	1,033,500	$32.41M	1.1%	$31.36	—	—	COM NEW	617446448
COP	CONOCOPHILLIPS	455,900	$32.21M	1.1%	$70.65	—	—	COM	20825C104
XOM	EXXON MOBIL CORP	314,650	$31.84M	1.1%	$101.20	—	—	COM	30231G102
ANF	ABERCROMBIE & FITCH CO	925,200	$30.45M	1.0%	$32.91	—	—	Put	002896207
BIGGQ	BIG LOTS INC	900,000	$29.06M	1.0%	$32.29	—	—	Put	089302103
—	MEAD JOHNSON NUTRITION CO	343,000	$28.73M	1.0%	$83.76	—	—	COM	582839106
PSX	PHILLIPS 66	368,537	$28.43M	0.9%	$77.13	—	—	COM	718546104
—	VANTIV INC	860,100	$28.05M	0.9%	$32.61	—	—	CL A	92210H105
RHP	RYMAN HOSPITALITY PPTYS INC	640,000	$26.74M	0.9%	$41.78	—	—	COM	78377T107
—	THE ADT CORPORATION	643,500	$26.04M	0.9%	$40.47	—	—	Put	00101J106
—	ANADARKO PETE CORP	316,000	$25.07M	0.8%	$79.32	—	—	COM	032511107
—	GENCORP INC	1,310,000	$23.61M	0.8%	$18.02	—	—	COM	368682100
—	PETROLOGISTICS LP	1,957,165	$22.8M	0.8%	$11.65	—	—	UNIT LTD PTH INT	71672U101
—	FIDELITY NATIONAL FINANCIAL	607,100	$19.7M	0.7%	$32.45	—	—	CL A	31620R105
CSCO	CISCO SYS INC	872,800	$19.58M	0.6%	$22.43	—	—	COM	17275R102
—	SENSATA TECHNOLOGIES HLDG BV	499,300	$19.36M	0.6%	$38.77	—	—	SHS	N7902X106
—	GREEN MTN COFFEE ROASTERS IN	250,000	$18.89M	0.6%	$75.54	—	—	Put	393122106
COST	COSTCO WHSL CORP NEW	142,500	$16.96M	0.6%	$119.02	—	—	COM	22160K105
GS	GOLDMAN SACHS GROUP INC	90,000	$15.95M	0.5%	$177.26	—	—	COM	38141G104
MS	MORGAN STANLEY	500,000	$15.68M	0.5%	$31.36	—	—	Call	617446448
ADSK	AUTODESK INC	300,000	$15.1M	0.5%	$50.32	—	—	COM	052769106
—	ASA GOLD AND PRECIOUS MTLS L	980,496	$12.02M	0.4%	$12.26	—	—	SHS	G3156P103
SU	SUNCOR ENERGY INC NEW	303,500	$10.64M	0.4%	$35.05	—	—	COM	867224107
ISRG	INTUITIVE SURGICAL INC	25,300	$9.717M	0.3%	$384.07	—	—	COM NEW	46120E602
F	FORD MTR CO DEL	609,500	$9.405M	0.3%	$15.43	—	—	COM PAR $0.01	345370860
—	ATHENAHEALTH INC	67,900	$9.133M	0.3%	$134.51	—	—	Put	04685W103
MU	MICRON TECHNOLOGY INC	250,000	$5.438M	0.2%	$21.75	—	—	Put	595112103
—	SMITH & WESSON HLDG CORP	383,300	$5.171M	0.2%	$13.49	—	—	COM	831756101
—	ZYNGA INC	1,267,420	$4.816M	0.2%	$3.80	—	—	CL A	98986T108
CAT	CATERPILLAR INC DEL	50,000	$4.541M	0.2%	$90.82	—	—	Put	149123101
—	GOLDCORP INC NEW	177,000	$3.836M	0.1%	$21.67	—	—	COM	380956409
KSS	KOHLS CORP	50,000	$2.838M	0.1%	$56.76	—	—	Call	500255104
—	SEARS HLDGS CORP	30,000	$1.471M	0.0%	$49.03	—	—	Put	812350106
—	WEST MARINE INC	101,700	$1.447M	0.0%	$14.23	—	—	COM	954235107
PACB	PACIFIC BIOSCIENCES CALIF IN	202,400	$1.059M	0.0%	$5.23	—	—	COM	69404D108
AAL	AMERICAN AIRLS GROUP INC	36,595	$924K	0.0%	$25.25	—	—	COM	02376R102
—	TRINA SOLAR LIMITED	50,000	$684K	0.0%	$13.68	—	—	Put	89628E104