Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
BAC	BANK AMER CORP	2,345,000	$36.7M	13.4%	$11.21	+7.7%	COM	060505104
—	LINKEDIN CORP	91,905	$17.57M	6.4%	$191.05	—	COM CL A	53578A108
—	ST JUDE MED INC	159,243	$12.7M	4.6%	$79.76	—	COM	790849103
C	CITIGROUP INC	263,245	$12.43M	4.5%	$33.26	+2.7%	COM NEW	172967424
JPM	JPMORGAN CHASE & CO	157,500	$10.49M	3.8%	$46.47	+9.4%	COM	46625H100
HUM	HUMANA INC	58,946	$10.43M	3.8%	$161.63	-0.6%	COM	444859102
GLPI	GAMING & LEISURE PPTYS INC	309,667	$10.36M	3.8%	$29.10	—	COM	36467J108
—	INGRAM MICRO INC	251,959	$8.985M	3.3%	$34.92	—	CL A	457153104
IBKR	INTERACTIVE BROKERS GROUP IN	252,051	$8.89M	3.2%	$6.68	+24.4%	COM	45841N107
SYF	SYNCHRONY FINL	278,833	$7.807M	2.8%	$22.54	-2.5%	COM	87165B103
DB	DEUTSCHE BANK AG	471,000	$6.165M	2.2%	$10.66	-0.7%	NAMEN AKT	D18190898
TMUS	T MOBILE US INC	118,076	$5.517M	2.0%	$39.86	+11.3%	COM	872590104
—	SOLARCITY CORP	243,609	$4.765M	1.7%	$19.72	—	COM	83416T100
GOOG	ALPHABET INC	6,000	$4.664M	1.7%	$37.69	0.0%	CAP STK CL C	02079K107
—	DELL TECHNOLOGIES INC	91,084	$4.354M	1.6%	$47.80	—	COM CL V	24703L103
CABO	CABLE ONE INC	6,450	$3.767M	1.4%	$380.78	+27.1%	COM	12685J105
M	MACYS INC	96,500	$3.575M	1.3%	$42.12	-14.0%	COM	55616P104
GM	GENERAL MTRS CO	98,000	$3.113M	1.1%	$24.38	+6.0%	COM	37045V100
—	VIRGIN AMER INC	57,822	$3.094M	1.1%	$53.51	—	COM VTG	92765X208
—	CIGNA CORPORATION	21,000	$2.737M	1.0%	$135.30	—	COM	125509109
—	BATS GLOBAL MKTS INC	83,750	$2.523M	0.9%	$30.13	—	COM	05491G109
IBM	INTERNATIONAL BUSINESS MACHS	15,700	$2.494M	0.9%	$100.30	+1.5%	COM	459200101
—	WILLIAMS PARTNERS L P NEW	65,863	$2.449M	0.9%	$21.12	—	COM UNIT LTD PAR	96949L105
—	GANNETT CO INC	202,159	$2.353M	0.9%	$13.81	—	COM	36473H104
WFC	WELLS FARGO & CO NEW	52,000	$2.303M	0.8%	$37.70	-2.3%	COM	949746101
GAP	GAP INC DEL	100,500	$2.235M	0.8%	$17.78	-2.7%	COM	364760108
—	LEE ENTERPRISES INC	578,384	$2.169M	0.8%	$3.68	—	COM	523768109
—	PINNACLE ENTMT INC NEW	174,000	$2.147M	0.8%	$11.30	—	COM	72348Y105
BCS	BARCLAYS PLC	245,000	$2.129M	0.8%	$7.85	—	ADR	06738E204
—	E TRADE FINANCIAL CORP	72,500	$2.111M	0.8%	$23.49	—	COM NEW	269246401
—	ALLERGAN PLC	9,050	$2.084M	0.8%	$302.49	—	SHS	G0177J108
JBLU	JETBLUE AIRWAYS CORP	117,700	$2.029M	0.7%	$17.09	0.0%	COM	477143101
NYT	NEW YORK TIMES CO	153,700	$1.837M	0.7%	$11.56	+0.7%	CL A	650111107
MBI	MBIA INC	234,302	$1.825M	0.7%	$3.79	-9.4%	COM	55262C100
NWSA	NEWS CORP NEW	127,403	$1.781M	0.6%	$13.16	-10.3%	CL A	65249B109
—	INTERVAL LEISURE GROUP INC	101,000	$1.734M	0.6%	$15.90	—	COM	46113M108
SNN	SMITH & NEPHEW PLC	49,000	$1.606M	0.6%	$36.17	—	SPDN ADR NEW	83175M205
GOGO	GOGO INC	134,000	$1.479M	0.5%	$9.96	+6.7%	COM	38046C109
MS	MORGAN STANLEY	45,395	$1.455M	0.5%	$19.33	+18.2%	COM NEW	617446448
—	CBS CORP NEW	26,008	$1.424M	0.5%	$41.32	—	CL B	124857202
—	DSW INC	67,526	$1.383M	0.5%	$21.18	—	CL A	23334L102
—	BED BATH & BEYOND INC	31,800	$1.371M	0.5%	$48.28	—	COM	075896100
AAPL	APPLE INC	12,100	$1.368M	0.5%	$25.12	-3.5%	COM	037833100
ESNT	ESSENT GROUP LTD	51,090	$1.36M	0.5%	$21.38	+6.1%	COM	G3198U102
HE	HAWAIIAN ELEC INDUSTRIES	44,500	$1.328M	0.5%	$32.95	-6.8%	COM	419870100
—	COLONY CAP INC	71,192	$1.298M	0.5%	$18.23	—	CL A	19624R106
—	ALERE INC	30,000	$1.297M	0.5%	$43.23	—	COM	01449J105
—	BAKER HUGHES INC	25,500	$1.287M	0.5%	$45.15	—	COM	057224107
—	OFFICE DEPOT INC	359,081	$1.282M	0.5%	$3.31	—	COM	676220106
—	CREDIT SUISSE NASSAU BRH	34,000	$1.274M	0.5%	$25.08	—	INVRS VIX STERM	22542D795
WMB	WILLIAMS COS INC DEL	40,500	$1.245M	0.5%	$9.91	+63.8%	COM	969457100
—	SPIRIT AIRLS INC	27,137	$1.154M	0.4%	$40.25	—	COM	848577102
—	FLEETMATICS GROUP PLC	19,000	$1.14M	0.4%	$60.00	—	COM	G35569105
NXST	NEXSTAR BROADCASTING GROUP I	19,649	$1.134M	0.4%	$40.88	0.0%	CL A	65336K103
—	ON DECK CAP INC	196,975	$1.123M	0.4%	$5.78	—	COM	682163100
GHC	GRAHAM HLDGS CO	2,302	$1.108M	0.4%	$489.32	-6.7%	COM	384637104
—	TWITTER INC	45,200	$1.042M	0.4%	$23.05	—	COM	90184L102
NUS	NU SKIN ENTERPRISES INC	16,000	$1.036M	0.4%	$29.43	+41.2%	CL A	67018T105
—	ANNALY CAP MGMT INC	96,000	$1.008M	0.4%	$9.72	—	COM	035710409
—	GNC HLDGS INC	49,102	$1.003M	0.4%	$24.29	—	COM CL A	36191G107
—	BOFI HLDG INC	42,520	$952K	0.3%	$21.15	—	COM	05566U108
—	OPHTHOTECH CORP	20,500	$946K	0.3%	$46.15	—	COM	683745103
—	OAKTREE CAP GROUP LLC	22,000	$933K	0.3%	$42.41	—	UNIT CL A	674001201
—	WINTHROP RLTY TR	111,218	$913K	0.3%	$8.21	—	SH BEN INT NEW	976391300
PRGO	PERRIGO CO PLC	9,780	$903K	0.3%	$103.58	-11.0%	SHS	G97822103
CXW	CORRECTIONS CORP AMER NEW	64,000	$888K	0.3%	$17.16	0.0%	COM NEW	21871N101
—	MYLAN N V	23,200	$884K	0.3%	$46.34	—	SHS EURO	N59465109
ALLY	ALLY FINL INC	43,100	$839K	0.3%	$17.11	-16.7%	COM	02005N100
—	AMERICAN CAP LTD	49,000	$829K	0.3%	$15.24	—	COM	02503Y103
CMCSA	COMCAST CORP NEW	12,300	$816K	0.3%	$23.14	+15.0%	CL A	20030N101
—	FIFTH STREET FINANCE CORP	137,244	$797K	0.3%	$5.02	—	COM	31678A103
NFLX	NETFLIX INC	8,000	$788K	0.3%	$9.55	0.0%	COM	64110L106
INTC	INTEL CORP	20,100	$759K	0.3%	$24.72	+15.8%	COM	458140100
UAL	UNITED CONTL HLDGS INC	14,400	$756K	0.3%	$56.58	-15.0%	COM	910047109
DDS	DILLARDS INC	12,000	$756K	0.3%	$48.67	-4.1%	CL A	254067101
—	MONSANTO CO NEW	7,400	$756K	0.3%	$103.36	—	COM	61166W101
—	HOLLYFRONTIER CORP	29,207	$716K	0.3%	$23.76	—	COM	436106108
NMIH	NMI HLDGS INC	93,521	$713K	0.3%	$8.67	-19.3%	CL A	629209305
—	CONNS INC	66,482	$686K	0.2%	$10.32	—	COM	208242107
—	EMMIS COMMUNICATIONS CORP	167,908	$680K	0.2%	$1.57	—	CL A	291525103
—	EPIQ SYS INC	41,000	$677K	0.2%	$16.51	—	COM	26882D109
MPLX	MPLX LP	19,577	$663K	0.2%	$39.32	—	COM UNIT REP LTD	55336V100
—	EVERBANK FINL CORP	34,000	$658K	0.2%	$19.35	—	COM	29977G102
—	HERTZ GLOBAL HOLDINGS INC C	16,140	$648K	0.2%	$16.32	—	COM	42805T105
TSLA	TESLA MTRS INC	3,100	$632K	0.2%	$15.21	-5.1%	COM	88160R101
—	WHOLE FOODS MKT INC	22,000	$624K	0.2%	$28.36	—	COM	966837106
—	ALTISOURCE PORTFOLIO SOLNS	18,700	$606K	0.2%	$20.74	—	REG SHS	L0175J104
—	EQUITY COMWLTH	19,500	$589K	0.2%	$26.63	—	COM SH BEN INT	294628102
—	CALPINE CORP	46,000	$581K	0.2%	$14.47	—	COM NEW	131347304
—	TERRAFORM PWR INC	41,000	$570K	0.2%	$9.08	—	CL A COM	88104R100
—	MALLINCKRODT PUB LTD CO	7,700	$537K	0.2%	$73.45	—	SHS	G5785G107
—	ENERGY TRANSFER PRTNRS L P	12,000	$444K	0.2%	$32.34	—	UNIT LTD PARTN	29273R109
—	DISH NETWORK CORP	8,000	$438K	0.2%	$64.17	—	CL A	25470M109
—	JUNO THERAPEUTICS INC	14,400	$432K	0.2%	$30.00	—	COM	48205A109
—	BARNES & NOBLE ED INC	42,445	$406K	0.1%	$10.18	—	COM	06777U101
—	RITE AID CORP	51,000	$392K	0.1%	$7.76	—	COM	767754104
—	VITAMIN SHOPPE INC	13,900	$373K	0.1%	$31.77	—	COM	92849E101
GILD	GILEAD SCIENCES INC	4,400	$348K	0.1%	$57.78	0.0%	COM	375558103
—	FIDELITY & GTY LIFE	14,400	$334K	0.1%	$23.19	—	COM	315785105
—	MEDIVATION INC	4,100	$334K	0.1%	$81.46	—	COM	58501N101
—	PENNEY J C INC	35,900	$331K	0.1%	$6.47	—	COM	708160106
—	FELCOR LODGING TR INC	50,000	$322K	0.1%	$6.44	—	COM	31430F101
EBAY	EBAY INC	8,000	$263K	0.1%	$20.84	+29.0%	COM	278642103
—	SEARS HOMETOWN & OUTLET STOR	51,264	$253K	0.1%	$12.26	—	COM	812362101
—	MCCLATCHY CO	15,480	$250K	0.1%	$2.43	—	CL A	579489105
IVZ	INVESCO LTD	8,000	$250K	0.1%	$19.10	0.0%	SHS	G491BT108
TGNA	TEGNA INC	11,200	$245K	0.1%	$18.83	-25.3%	COM	87901J105
—	GAIN CAP HLDGS INC	39,349	$243K	0.1%	$8.99	—	COM	36268W100
GS	GOLDMAN SACHS GROUP INC	1,500	$242K	0.1%	$127.90	+4.6%	COM	38141G104
—	JUMEI INTL HLDG LTD	39,506	$231K	0.1%	$11.00	—	SPONSORED ADR	48138L107
—	CLOUD PEAK ENERGY INC	41,500	$226K	0.1%	$5.79	—	COM	18911Q102
—	NATIONSTAR MTG HLDGS INC	15,000	$222K	0.1%	$14.80	—	COM	63861C109
—	LIFELOCK INC	13,000	$220K	0.1%	$16.92	—	COM	53224V100
—	SANTANDER CONSUMER USA HDG I	18,000	$219K	0.1%	$10.43	—	COM	80283M101
—	PENNTEX MIDSTREAM PARTNERS L	12,450	$216K	0.1%	$15.58	—	COM UNIT LTD	709311104
—	ENDO INTL PLC	10,500	$212K	0.1%	$28.15	—	SHS	G30401106
—	OCWEN FINL CORP	57,553	$211K	0.1%	$5.93	—	COM NEW	675746309
MANU	MANCHESTER UTD PLC NEW	11,313	$191K	0.1%	$16.16	+2.0%	ORD CL A	G5784H106
—	ATLANTIC PWR CORP	71,100	$176K	0.1%	$2.70	—	COM NEW	04878Q863
—	TERRAFORM GLOBAL INC	41,913	$172K	0.1%	$2.38	—	CL A	88104M101
—	CVR PARTNERS LP	30,430	$161K	0.1%	$8.02	—	COM	126633106
—	ASCENA RETAIL GROUP INC	22,000	$123K	0.0%	$9.86	—	COM	04351G101
—	OCH ZIFF CAP MGMT GROUP	23,000	$100K	0.0%	$3.80	—	CL A	67551U105
—	LUBYS INC	18,900	$81,000	0.0%	$4.87	—	COM	549282101
—	MAGICJACK VOCALTEC LTD	12,015	$73,000	0.0%	$8.45	—	SHS	M6787E101
—	FORTRESS INVESTMENT GROUP LL	13,200	$65,000	0.0%	$5.08	—	CL A	34958B106
—	INTREPID POTASH INC	39,819	$45,000	0.0%	$3.60	—	COM	46121Y102