Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
—	TIME WARNER INC	264,100	$25.8M	6.0%	$96.53	—	COM NEW	887317303
M	MACY'S INC	592,700	$17.57M	4.1%	$32.73	-5.6%	COM	55616P104
—	SILVER BAY REALTY TRUST CORP	779,721	$16.74M	3.9%	$21.47	—	COM	82735Q102
C	CITIGROUP INC	274,345	$16.41M	3.8%	$33.64	+32.8%	COM	172967424
—	FITBIT INC - A	2,498,590	$14.79M	3.4%	$6.30	—	CL A	33812L102
GM	GENERAL MOTORS CO	415,704	$14.7M	3.4%	$29.40	+5.3%	COM	37045V100
NXPI	NXP SEMICONDUCTORS NV	137,000	$14.18M	3.3%	$88.85	+1.1%	COM	N6596X109
JPM	JPMORGAN CHASE & CO	160,000	$14.05M	3.2%	$46.68	+49.3%	COM	46625H100
TMUS	T-MOBILE US INC	198,505	$12.82M	3.0%	$45.35	+31.0%	COM	872590104
IBKR	INTERACTIVE BROKERS GRO-CL A	345,856	$12.01M	2.8%	$7.20	+22.0%	COM	45841N107
GLPI	GAMING AND LEISURE PROPERTIE	345,867	$11.56M	2.7%	$29.26	—	COM	36467J108
ANF	ABERCROMBIE & FITCH CO-CL A	945,234	$11.28M	2.6%	$11.48	-10.7%	CL A	002896207
—	GANNETT CO INC	1,211,666	$10.15M	2.3%	$9.96	—	COM	36473H104
GOOG	ALPHABET INC-CL C	11,500	$9.54M	2.2%	$39.14	+4.0%	CAP STK CL C	02079K107
—	RITE AID CORP	1,899,000	$8.071M	1.9%	$4.25	—	COM	767754104
BAC	BANK OF AMERICA CORP	340,000	$8.021M	1.9%	$11.21	+73.0%	COM	060505104
TSLA	TESLA INC	25,595	$7.123M	1.6%	$13.32	+27.0%	COM	88160R101
BP	BP PLC-SPONS ADR	192,100	$6.631M	1.5%	$34.52	—	ADR	055622104
—	ACTIVISION BLIZZARD INC	132,300	$6.596M	1.5%	$47.89	—	COM	00507V109
—	OAKTREE CAPITAL GROUP LLC	129,920	$5.885M	1.4%	$38.77	—	UNIT CL A	674001201
—	PANDORA MEDIA INC	474,262	$5.601M	1.3%	$12.37	—	COM	698354107
MDLZ	MONDELEZ INTERNATIONAL INC-A	126,800	$5.463M	1.3%	$35.88	0.0%	CL A	609207105
—	DELL TECHNOLOGIES INC-CL V	84,325	$5.404M	1.2%	$47.80	—	COM CL V	24703L103
AAPL	APPLE INC	36,600	$5.258M	1.2%	$28.20	+7.9%	COM	037833100
BB	BLACKBERRY LTD	629,385	$4.878M	1.1%	$7.12	0.0%	COM	09228F103
—	FORTRESS INVESTMENT GRP-CL A	597,200	$4.748M	1.1%	$7.89	—	CL A	34958B106
—	ALLERGAN PLC	18,550	$4.432M	1.0%	$254.90	—	SHS	G0177J108
NWSA	NEWS CORP - CLASS A	339,903	$4.419M	1.0%	$11.94	-5.4%	CL A	65249B109
—	MYLAN NV	113,007	$4.406M	1.0%	$39.77	—	SHS EURO	N59465109
—	WHOLE FOODS MARKET INC	137,326	$4.081M	0.9%	$29.93	—	COM	966837106
—	KKR & CO LP	219,022	$3.993M	0.9%	$17.06	—	COM UNITS	48248M102
KO	COCA-COLA CO/THE	89,000	$3.777M	0.9%	$31.52	0.0%	COM	191216100
WFC	WELLS FARGO & CO	67,500	$3.757M	0.9%	$38.01	+16.7%	COM	949746101
GILD	GILEAD SCIENCES INC	55,000	$3.736M	0.9%	$51.60	-1.8%	COM	375558103
WMB	WILLIAMS COS INC	119,700	$3.542M	0.8%	$15.21	+17.8%	COM	969457100
CNC	CENTENE CORP	46,500	$3.314M	0.8%	$29.50	+13.4%	COM	15135B101
JBLU	JETBLUE AIRWAYS CORP	160,700	$3.312M	0.8%	$17.91	+13.8%	COM	477143101
—	FIDELITY & GUARANTY LIFE	117,925	$3.278M	0.8%	$24.11	—	COM	315785105
AMGN	AMGEN INC	19,500	$3.199M	0.7%	$114.96	+10.6%	COM	031162100
—	KELLOGG CO	44,000	$3.195M	0.7%	$50.06	0.0%	COM	487836108
—	CIGNA CORP	19,000	$2.783M	0.6%	$135.30	—	COM	125509109
IBM	INTL BUSINESS MACHINES CORP	15,700	$2.734M	0.6%	$100.30	+14.0%	COM	459200101
BCS	BARCLAYS PLC-SPONS ADR	235,000	$2.641M	0.6%	$7.85	—	ADR	06738E204
—	BED BATH & BEYOND INC	65,500	$2.585M	0.6%	$43.74	—	COM	075896100
—	WILLIAMS PARTNERS LP	62,163	$2.538M	0.6%	$22.64	—	COM UNIT LTD PAR	96949L105
—	OCH-ZIFF CAPITAL MANAGEMEN-A	1,093,588	$2.472M	0.6%	$2.96	—	CL A	67551U105
—	MOBILEYE NV	38,000	$2.333M	0.5%	$61.39	—	ORD SHS	N51488117
NYT	NEW YORK TIMES CO-A	161,700	$2.328M	0.5%	$11.58	+14.1%	CL A	650111107
—	TWENTY-FIRST CENTURY FOX-A	67,800	$2.196M	0.5%	$28.04	—	CL A	90130A101
—	GUESS INC	190,802	$2.127M	0.5%	$11.15	—	COM	401617105
—	ILG INC	98,000	$2.054M	0.5%	$20.96	—	COM	44967H101
—	ENERGY TRANSFER PARTNERS LP	53,000	$1.936M	0.4%	$36.53	—	UNIT LTD PARTN	29278N103
—	PINNACLE ENTERTAINMENT INC	97,224	$1.898M	0.4%	$11.30	—	COM	72348Y105
GNW	GENWORTH FINANCIAL INC-CL A	436,506	$1.798M	0.4%	$4.36	-11.7%	COM CL A	37247D106
—	VALEANT PHARMACEUTICALS INTE	160,299	$1.768M	0.4%	$14.52	—	COM	91911K102
—	DSW INC-CLASS A	83,526	$1.727M	0.4%	$21.08	—	CL A	23334L102
—	OFFICE DEPOT INC	359,081	$1.675M	0.4%	$3.31	—	COM	676220106
MSGS	MADISON SQUARE GARDEN CO- A	8,000	$1.598M	0.4%	$130.15	0.0%	CL A	55825T103
—	ON DECK CAPITAL INC	302,178	$1.523M	0.4%	$5.39	—	COM	682163100
SNN	SMITH & NEPHEW PLC -SPON ADR	49,000	$1.516M	0.4%	$36.17	—	SPDN ADR NEW	83175M205
NXST	NEXSTAR MEDIA GROUP INC	21,149	$1.484M	0.3%	$41.15	+27.5%	CL A	65336K103
—	LEE ENTERPRISES	558,284	$1.452M	0.3%	$3.68	—	COM	523768109
—	SPIRIT AIRLINES INC	27,137	$1.44M	0.3%	$40.25	—	COM	848577102
—	EXAR CORP	103,920	$1.352M	0.3%	$13.01	—	COM	300645108
—	COLONY NORTHSTAR INC-CLASS A	104,388	$1.348M	0.3%	$12.91	—	CL A COM	19625W104
MS	MORGAN STANLEY	31,395	$1.345M	0.3%	$19.33	+77.7%	COM	617446448
—	VELOCITYSHARES INV VIX SH-TM	18,000	$1.315M	0.3%	$25.08	—	INVRS VIX STERM	22542D795
GOGO	GOGO INC	116,000	$1.276M	0.3%	$9.96	+1.0%	COM	38046C109
—	STAPLES INC	139,818	$1.226M	0.3%	$8.77	—	COM	855030102
—	BARNES & NOBLE EDUCATION INC	126,820	$1.216M	0.3%	$9.98	—	COM	06777U101
—	GNC HOLDINGS INC-CL A	164,464	$1.21M	0.3%	$13.18	—	COM CL A	36191G107
CABO	CABLE ONE INC	1,912	$1.194M	0.3%	$380.78	+47.9%	COM	12685J105
—	BLACKSTONE GROUP LP/THE	40,000	$1.188M	0.3%	$29.70	—	COM UNIT LTD	09253U108
—	CIT GROUP INC	27,223	$1.169M	0.3%	$42.94	—	COM	125581801
—	FINISH LINE/THE - CL A	81,710	$1.163M	0.3%	$14.23	—	CL A	317923100
SYF	SYNCHRONY FINANCIAL	32,500	$1.115M	0.3%	$22.54	+28.5%	COM	87165B103
NFLX	NETFLIX INC	7,500	$1.109M	0.3%	$9.55	+47.0%	COM	64110L106
MBI	MBIA INC	127,902	$1.083M	0.3%	$3.79	+15.9%	COM	55262C100
—	ANNALY CAPITAL MANAGEMENT IN	96,000	$1.067M	0.2%	$9.72	—	COM	035710409
META	FACEBOOK INC-A	7,500	$1.065M	0.2%	$126.98	+4.5%	CL A	30303M102
—	LABORATORY CRP OF AMER HLDGS	7,400	$1.062M	0.2%	$134.90	—	COM NEW	50540R409
AMD	ADVANCED MICRO DEVICES	70,600	$1.027M	0.2%	$11.44	+11.0%	COM	007903107
GIS	GENERAL MILLS INC	17,400	$1.027M	0.2%	$44.62	0.0%	COM	370334104
UAL	UNITED CONTINENTAL HOLDINGS	14,400	$1.017M	0.2%	$56.58	+27.7%	COM	910047109
RL	RALPH LAUREN CORP	12,400	$1.012M	0.2%	$69.03	0.0%	CL A	751212101
PRGO	PERRIGO CO PLC	14,480	$961K	0.2%	$94.64	-19.7%	SHS	G97822103
CMCSA	COMCAST CORP-CLASS A	24,600	$925K	0.2%	$26.53	+12.8%	CL A	20030N101
—	EQUITY COMMONWEALTH	29,500	$921K	0.2%	$27.85	—	COM SH BEN INT	294628102
—	MEAD JOHNSON NUTRITION CO	10,000	$891K	0.2%	$89.10	—	COM	582839106
ALLY	ALLY FINANCIAL INC	43,100	$876K	0.2%	$17.11	-4.1%	COM	02005N100
PENN	PENN NATIONAL GAMING INC	47,000	$866K	0.2%	$13.63	+7.5%	COM	707569109
—	NUVEEN PFD SEC INCOME FD	84,638	$807K	0.2%	$9.31	—	COM	67072C105
—	TWITTER INC	53,700	$803K	0.2%	$20.42	—	COM	90184L102
—	MONSANTO CO	6,900	$781K	0.2%	$103.36	—	COM	61166W101
NUS	NU SKIN ENTERPRISES INC - A	14,000	$778K	0.2%	$29.43	+31.0%	CL A	67018T105
—	LIBERTY GLOBAL PLC LILAC - A	35,000	$778K	0.2%	$21.97	—	LILAC SHS CL A	G5480U138
—	FIFTH STREET FINANCE CORP	154,144	$712K	0.2%	$4.98	—	COM	31678A103
HCA	HCA HEALTHCARE INC	8,000	$712K	0.2%	$77.51	0.0%	COM	40412C101
CENX	CENTURY ALUMINUM COMPANY	56,000	$711K	0.2%	$13.28	0.0%	COM	156431108
—	CENTURYLINK INC	30,000	$707K	0.2%	$23.77	—	COM	156700106
BRK/B	BERKSHIRE HATHAWAY INC-CL B	4,000	$667K	0.2%	$153.96	+8.7%	CL B NEW	084670702
—	MICHAEL KORS HOLDINGS LTD	17,000	$648K	0.1%	$38.12	—	COM	G60754101
DDS	DILLARDS INC-CL A	12,000	$627K	0.1%	$48.67	-15.8%	CL A	254067101
—	FRED'S INC-CLASS A	46,123	$604K	0.1%	$13.10	—	CL A	356108100
MDT	MEDTRONIC PLC	7,300	$588K	0.1%	$62.35	+0.0%	SHS	G5960L103
—	EXPRESS INC	62,403	$568K	0.1%	$9.10	—	COM	30219E103
—	BARNES & NOBLE INC	61,000	$564K	0.1%	$9.25	—	COM	067774109
—	PENNTEX MIDSTREAM PARTNERS L	32,450	$559K	0.1%	$15.78	—	COM UNIT LTD	709311104
—	EVERBANK FINANCIAL CORP	28,500	$555K	0.1%	$19.35	—	COM	29977G102
CFG	CITIZENS FINANCIAL GROUP	16,000	$553K	0.1%	$21.33	+20.9%	COM	174610105
—	ENTELLUS MEDICAL INC	37,769	$521K	0.1%	$15.54	—	COM	29363K105
—	CALPINE CORP	46,000	$508K	0.1%	$14.47	—	COM NEW	131347304
—	SEARS HOMETOWN AND OUTLET ST	130,322	$508K	0.1%	$7.39	—	COM	812362101
—	TERRAFORM POWER INC - A	41,000	$507K	0.1%	$9.08	—	CL A COM	88104R100
URBN	URBAN OUTFITTERS INC	19,000	$451K	0.1%	$25.92	0.0%	COM	917047102
—	OCI PARTNERS LP	42,385	$424K	0.1%	$8.35	—	COM UNIT REP LP	67091N108
MPLX	MPLX LP	11,753	$424K	0.1%	$39.32	—	COM UNIT REP LTD	55336V100
—	OPHTHOTECH CORP	113,973	$417K	0.1%	$8.17	—	COM	683745103
—	XEROX CORP	56,100	$412K	0.1%	$7.34	—	COM	984121103
COKE	COCA-COLA BOTTLING CO CONSOL	2,000	$412K	0.1%	$16.73	0.0%	COM	191098102
ARCC	ARES CAPITAL CORP	23,667	$411K	0.1%	$7.44	0.0%	COM	04010L103
EMMS	EMMIS COMMUNICATIONS-CLASS A	167,908	$411K	0.1%	$2.74	0.0%	COM NEW CL A	291525400
—	GAIN CAPITAL HOLDINGS INC	47,803	$398K	0.1%	$8.87	—	COM	36268W100
—	CVR PARTNERS LP	84,430	$393K	0.1%	$6.73	—	COM	126633106
MCD	MCDONALD'S CORP	3,000	$389K	0.1%	$101.70	0.0%	COM	580135101
—	STONEMOR PARTNERS LP	48,900	$388K	0.1%	$7.93	—	COM UNITS	86183Q100
—	CHINA CORD BLOOD CORP	53,165	$354K	0.1%	$6.17	—	SHS	G21107100
AEO	AMERICAN EAGLE OUTFITTERS	25,000	$351K	0.1%	$11.67	0.0%	COM	02553E106
GS	GOLDMAN SACHS GROUP INC	1,500	$345K	0.1%	$127.90	+56.4%	COM	38141G104
—	ELLIE MAE INC	3,408	$342K	0.1%	$100.35	—	COM	28849P100
—	OCWEN FINANCIAL CORP	57,553	$315K	0.1%	$5.93	—	COM NEW	675746309
—	HOLLYFRONTIER CORP	11,000	$312K	0.1%	$26.37	—	COM	436106108
GAP	GAP INC/THE	12,500	$304K	0.1%	$17.48	0.0%	COM	364760108
GHC	GRAHAM HOLDINGS CO-CLASS B	500	$300K	0.1%	$489.32	+2.0%	COM	384637104
HUM	HUMANA INC	1,400	$289K	0.1%	$161.63	+18.8%	COM	444859102
TGNA	TEGNA INC	11,200	$287K	0.1%	$18.83	-18.3%	COM	87901J105
—	VITAMIN SHOPPE INC	13,900	$280K	0.1%	$31.77	—	COM	92849E101
UA	UNDER ARMOUR INC-CLASS C	15,000	$275K	0.1%	$27.67	-24.7%	CL C	904311206
LUV	SOUTHWEST AIRLINES CO	5,000	$269K	0.1%	$40.16	+20.2%	COM	844741108
HRI	HERC HOLDINGS INC	5,379	$263K	0.1%	$33.23	+30.4%	COM	42704L104
IVZ	INVESCO LTD	8,000	$245K	0.1%	$19.10	+8.3%	SHS	G491BT108
—	NATIONSTAR MORTGAGE HOLDINGS	15,000	$236K	0.1%	$14.80	—	COM	63861C109
WYNN	WYNN RESORTS LTD	2,000	$229K	0.1%	$90.08	0.0%	COM	983134107
LVS	LAS VEGAS SANDS CORP	4,000	$228K	0.1%	$46.83	-5.4%	COM	517834107
—	J.C. PENNEY CO INC	35,900	$221K	0.1%	$6.47	—	COM	708160106
—	JUNO THERAPEUTICS INC	9,900	$220K	0.1%	$22.22	—	COM	48205A109
INFU	INFUSYSTEM HOLDINGS INC	88,861	$204K	0.0%	$2.25	+1.2%	COM	45685K102
—	TERRAFORM GLOBAL INC - CL A	41,913	$201K	0.0%	$2.38	—	COM	88104M101
EBAY	EBAY INC	6,000	$201K	0.0%	$28.94	0.0%	COM	278642103
—	WINDSTREAM HOLDINGS INC	36,000	$196K	0.0%	$7.33	—	COM NEW	97382A200
MANU	MANCHESTER UNITED PLC-CL A	11,313	$191K	0.0%	$16.16	-0.0%	ORD CL A	G5784H106
—	ATLANTIC POWER CORP	71,100	$188K	0.0%	$2.70	—	COM NEW	04878Q863
—	SANTANDER CONSUMER USA HOLDI	14,000	$186K	0.0%	$10.43	—	COM	80283M101
—	CONN'S INC	19,000	$166K	0.0%	$10.32	—	COM	208242107
—	MCCLATCHY CO-CLASS A	15,480	$150K	0.0%	$9.69	—	CL A	579489303
—	CLOUD PEAK ENERGY INC	24,000	$110K	0.0%	$5.79	—	COM	18911Q102
—	MAGICJACK VOCALTEC LTD	12,015	$103K	0.0%	$8.45	—	SHS	M6787E101
—	ASCENA RETAIL GROUP INC	22,000	$94,000	0.0%	$9.86	—	COM	04351G101
—	STAGE STORES INC	25,000	$65,000	0.0%	$2.60	—	COM NEW	85254C305
—	LUBY'S INC	18,900	$59,000	0.0%	$4.87	—	COM	549282101
—	JUMEI INTERNATIONAL-ADR	13,800	$51,000	0.0%	$11.00	—	SPONSORED ADR	48138L107
—	INTREPID POTASH INC	27,819	$48,000	0.0%	$3.60	—	COM	46121Y102
—	FRONTIER COMMUNICATIONS CORP	10,000	$21,000	0.0%	$3.40	—	COM	35906A108
—	SAKER AVIATION SERVICES INC	20,498	$6,000	0.0%	$0.29	—	COM	79380Q106