Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
BRK/A	BERKSHIRE HATHAWAY INC DEL	1,913	$432M	13.5%	$226000.00	—	—	CL A	084670108
BRK/B	BERKSHIRE HATHAWAY INC DEL	2,784,444	$418M	13.1%	$150.15	—	—	CL B NEW	084670702
WFC	WELLS FARGO & CO NEW	4,437,249	$243M	7.6%	$54.82	—	—	COM	949746101
AMZN	AMAZON COM INC	358,900	$111M	3.5%	$310.35	—	—	Call	023135106
KMX	CARMAX INC	1,565,000	$104M	3.3%	$66.58	—	—	COM	143130102
—	EXPRESS SCRIPTS HLDG CO	1,200,000	$102M	3.2%	$84.67	—	—	Put	30219G108
MU	MICRON TECHNOLOGY INC	2,876,169	$101M	3.2%	$35.01	—	—	COM	595112103
ANF	ABERCROMBIE & FITCH CO	3,114,900	$89.21M	2.8%	$28.64	—	—	Put	002896207
TJX	TJX COS INC NEW	1,273,500	$87.34M	2.7%	$68.58	—	—	COM	872540109
BRK/B	BERKSHIRE HATHAWAY INC DEL	550,000	$82.58M	2.6%	$150.15	—	—	Call	084670702
UNP	UNION PAC CORP	650,000	$77.44M	2.4%	$119.13	—	—	Put	907818108
AXP	AMERICAN EXPRESS CO	673,400	$62.65M	2.0%	$93.04	—	—	COM	025816109
LYB	LYONDELLBASELL INDUSTRIES N	721,600	$57.29M	1.8%	$79.39	—	—	SHS - A -	N53745100
—	CHEMTURA CORP	2,293,335	$56.71M	1.8%	$24.73	—	—	COM NEW	163893209
GLD	SPDR GOLD TRUST	459,968	$52.24M	1.6%	$113.58	—	—	GOLD SHS	78463V107
RHP	RYMAN HOSPITALITY PPTYS INC	932,900	$49.2M	1.5%	$52.74	—	—	COM	78377T107
FNF	FIDELITY NATIONAL FINANCIAL	1,241,000	$42.75M	1.3%	$34.45	—	—	FNF GROUP COM	31620R303
LAMR	LAMAR ADVERTISING CO NEW	760,400	$40.79M	1.3%	$53.64	—	—	CL A	512816109
SLB	SCHLUMBERGER LTD	474,500	$40.53M	1.3%	$85.41	—	—	COM	806857108
KMX	CARMAX INC	600,000	$39.95M	1.3%	$66.58	—	—	Put	143130102
—	WALGREENS BOOTS ALLIANCE INC	500,000	$38.1M	1.2%	$76.20	—	—	COM	931427108
WMT	WAL-MART STORES INC	416,200	$35.74M	1.1%	$85.88	—	—	COM	931142103
GLD	SPDR GOLD TRUST	300,000	$34.07M	1.1%	$113.58	—	—	Call	78463V107
COP	CONOCOPHILLIPS	457,500	$31.59M	1.0%	$69.06	—	—	COM	20825C104
—	SANTANDER CONSUMER USA HDG I	1,604,299	$31.46M	1.0%	$19.61	—	—	COM	80283M101
EEM	ISHARES TR	800,000	$31.43M	1.0%	$39.29	—	—	Put	464287234
MS	MORGAN STANLEY	799,200	$31.01M	1.0%	$38.80	—	—	COM NEW	617446448
—	KAPSTONE PAPER & PACKAGING C	1,052,570	$30.85M	1.0%	$29.31	—	—	COM	48562P103
—	HORNBECK OFFSHORE SVCS INC N	1,224,286	$30.57M	1.0%	$24.97	—	—	COM	440543106
—	LUMBER LIQUIDATORS HLDGS INC	458,100	$30.38M	1.0%	$66.31	—	—	COM	55003T107
—	VALEANT PHARMACEUTICALS INTL	206,900	$29.61M	0.9%	$143.11	—	—	COM	91911K102
—	BED BATH & BEYOND INC	384,800	$29.31M	0.9%	$76.17	—	—	COM	075896100
—	VANTIV INC	863,400	$29.29M	0.9%	$33.92	—	—	CL A	92210H105
XOM	EXXON MOBIL CORP	298,450	$27.59M	0.9%	$92.45	—	—	COM	30231G102
CNQ	CANADIAN NAT RES LTD	882,300	$27.25M	0.9%	$30.88	—	—	COM	136385101
WMT	WAL-MART STORES INC	300,000	$25.76M	0.8%	$85.88	—	—	Call	931142103
—	AXIALL CORP	593,700	$25.21M	0.8%	$42.47	—	—	COM	05463D100
CSCO	CISCO SYS INC	904,700	$25.16M	0.8%	$27.81	—	—	COM	17275R102
—	DSW INC	659,300	$24.59M	0.8%	$37.30	—	—	CL A	23334L102
PSX	PHILLIPS 66	300,000	$21.51M	0.7%	$71.70	—	—	COM	718546104
COST	COSTCO WHSL CORP NEW	143,000	$20.27M	0.6%	$141.75	—	—	COM	22160K105
AXP	AMERICAN EXPRESS CO	200,000	$18.61M	0.6%	$93.04	—	—	Put	025816109
DAL	DELTA AIR LINES INC DEL	357,200	$17.57M	0.6%	$49.19	—	—	COM NEW	247361702
HAL	HALLIBURTON CO	429,900	$16.91M	0.5%	$39.33	—	—	COM	406216101
DORM	DORMAN PRODUCTS INC	349,000	$16.85M	0.5%	$48.27	—	—	COM	258278100
BRK/B	BERKSHIRE HATHAWAY INC DEL	100,000	$15.02M	0.5%	$150.15	—	—	Put	084670702
TJX	TJX COS INC NEW	200,000	$13.72M	0.4%	$68.58	—	—	Call	872540109
FXI	ISHARES TR	300,000	$12.49M	0.4%	$41.62	—	—	Put	464287184
AMZN	AMAZON COM INC	40,000	$12.41M	0.4%	$310.35	—	—	Put	023135106
LYB	LYONDELLBASELL INDUSTRIES N	150,000	$11.91M	0.4%	$79.39	—	—	Call	N53745100
LUV	SOUTHWEST AIRLS CO	280,000	$11.85M	0.4%	$42.32	—	—	COM	844741108
BIGGQ	BIG LOTS INC	295,000	$11.81M	0.4%	$40.02	—	—	Call	089302103
MS	MORGAN STANLEY	300,000	$11.64M	0.4%	$38.80	—	—	Call	617446448
—	THE ADT CORPORATION	300,000	$10.87M	0.3%	$36.23	—	—	Put	00101J106
—	NAVIOS MARITIME HOLDINGS INC	2,306,100	$9.478M	0.3%	$4.11	—	—	COM	Y62196103
—	ASA GOLD AND PRECIOUS MTLS L	923,996	$9.342M	0.3%	$10.11	—	—	SHS	G3156P103
SU	SUNCOR ENERGY INC NEW	286,300	$9.099M	0.3%	$31.78	—	—	COM	867224107
F	FORD MTR CO DEL	574,400	$8.903M	0.3%	$15.50	—	—	COM PAR $0.01	345370860
HOG	HARLEY DAVIDSON INC	100,000	$6.591M	0.2%	$65.91	—	—	Put	412822108
TREX	TREX CO INC	150,500	$6.408M	0.2%	$42.58	—	—	COM	89531P105
—	BED BATH & BEYOND INC	83,500	$6.36M	0.2%	$76.17	—	—	Call	075896100
—	IHS INC	50,100	$5.705M	0.2%	$113.87	—	—	Call	451734107
LYB	LYONDELLBASELL INDUSTRIES N	70,000	$5.557M	0.2%	$79.39	—	—	Put	N53745100
AAPL	APPLE INC	50,000	$5.519M	0.2%	$110.38	—	—	Call	037833100
AAL	AMERICAN AIRLS GROUP INC	94,600	$5.073M	0.2%	$53.63	—	—	COM	02376R102
—	FIDELITY NATIONAL FINANCIAL	276,461	$4.351M	0.1%	$15.74	—	—	FNFV GROUP COM	31620R402
—	SANTANDER CONSUMER USA HDG I	200,000	$3.922M	0.1%	$19.61	—	—	Call	80283M101
—	SMITH & WESSON HLDG CORP	378,000	$3.58M	0.1%	$9.47	—	—	COM	831756101
—	PANDORA MEDIA INC	200,000	$3.566M	0.1%	$17.83	—	—	COM	698354107
—	GOLDCORP INC NEW	167,100	$3.095M	0.1%	$18.52	—	—	COM	380956409
FSLR	FIRST SOLAR INC	65,000	$2.899M	0.1%	$44.60	—	—	Put	336433107
—	FORTRESS INVESTMENT GROUP LL	282,100	$2.262M	0.1%	$8.02	—	—	CL A	34958B106
—	PETSMART INC	25,800	$2.097M	0.1%	$81.28	—	—	Put	716768106
IBOC	INTERNATIONAL BANCSHARES COR	50,000	$1.327M	0.0%	$26.54	—	—	COM	459044103
—	WEST MARINE INC	95,900	$1.239M	0.0%	$12.92	—	—	COM	954235107
—	RICE ENERGY INC	53,500	$1.122M	0.0%	$20.97	—	—	Call	762760106
—	FINANCIAL ENGINES INC	30,000	$1.097M	0.0%	$36.57	—	—	Put	317485100
BIGGQ	BIG LOTS INC	20,000	$800K	0.0%	$40.00	—	—	Put	089302103
LNWO	SCIENTIFIC GAMES CORP	50,000	$637K	0.0%	$12.74	—	—	CL A	80874P109
—	CUMULUS MEDIA INC	100,000	$423K	0.0%	$4.23	—	—	CL A	231082108
—	RICE ENERGY INC	2,400	$50,000	0.0%	$20.83	—	—	Put	762760106