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
ABBOTT LABS COM 002824100 561 12,100 SH   OTR 1 12,100 0 0
ACTAVIS PLC SHS G0083B108 15,495 52,063 SH   OTR 1 52,063 0 0
ADOBE SYS INC COM 00724F101 858 11,600 SH   OTR 1 11,600 0 0
AFFILIATED MANAGERS GROUP COM 008252108 859 4,000 SH   OTR 1 4,000 0 0
AIRGAS INC COM 009363102 2,313 21,800 SH   OTR 1 21,800 0 0
ALEXION PHARMACEUTICALS INC COM 015351109 17 100 SH   OTR 1 100 0 0
ALLEGHANY CORP DEL COM 017175100 4,724 9,700 SH   OTR 1 9,700 0 0
ALLIANCE DATA SYSTEMS CORP COM 018581108 918 3,100 SH   OTR 1 3,100 0 0
ALTRIA GROUP INC COM 02209S103 1,386 27,700 SH   OTR 1 27,700 0 0
AMAZON COM INC COM 023135106 930 2,500 SH   OTR 1 2,500 0 0
AMERICAN ELEC PWR INC COM 025537101 101 1,800 SH   OTR 1 1,800 0 0
AMERICAN RLTY CAP PPTYS INC COM 02917T104 101 10,300 SH   OTR 1 10,300 0 0
ANNALY CAP MGMT INC COM 035710409 2,182 209,760 SH   OTR 1 209,760 0 0
APPLE INC COM 037833100 610 4,900 SH   OTR 1 4,900 0 0
AQUA AMERICA INC COM 03836W103 2,258 85,695 SH   OTR 1 85,695 0 0
ARCH CAP GROUP LTD ORD G0450A105 20,100 326,300 SH   OTR 1 326,300 0 0
AT&T INC COM 00206R102 2,250 68,900 SH   OTR 1 68,900 0 0
AUTOZONE INC COM 053332102 19,946 29,240 SH   OTR 1 29,240 0 0
AXALTA COATING SYS LTD COM G0750C108 8,624 312,240 SH   OTR 1 312,240 0 0
BARCLAYS BANK PLC ADR PFD SR 5 06739H362 2,765 105,342 SH   OTR 2 105,342 0 0
BARCLAYS BANK PLC ADS7.75%PFD S4 06739H511 785 30,146 SH   OTR 2 30,146 0 0
BARCLAYS BANK PLC SP ADR 7.1%PF3 06739H776 5,251 203,221 SH   OTR 2 203,221 0 0
BAXTER INTL INC COM 071813109 2,288 33,400 SH   OTR 1 33,400 0 0
BECTON DICKINSON & CO COM 075887109 2,490 17,338 SH   OTR 1 17,338 0 0
BED BATH & BEYOND INC COM 075896100 12,499 162,800 SH   OTR 1 162,800 0 0
BERKLEY W R CORP COM 084423102 2,248 44,500 SH   OTR 1 44,500 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 14,908 103,300 SH   OTR 1 103,300 0 0
BIOGEN INC COM 09062X103 1,056 2,500 SH   OTR 1 2,500 0 0
CABELAS INC COM 126804301 3,100 55,380 SH   OTR 1 55,380 0 0
CALPINE CORP COM NEW 131347304 883 38,600 SH   OTR 1 38,600 0 0
CAMERON INTERNATIONAL CORP COM 13342B105 532 11,800 SH   OTR 1 11,800 0 0
CAMPBELL SOUP CO COM 134429109 866 18,600 SH   OTR 1 18,600 0 0
CAPITOL FED FINL INC COM 14057J101 2,277 182,189 SH   OTR 1 182,189 0 0
CELGENE CORP COM 151020104 1,130 9,800 SH   OTR 1 9,800 0 0
CERNER CORP COM 156782104 9,260 126,400 SH   OTR 1 126,400 0 0
CHIMERA INVT CORP COM 16934Q109 1,112 354,200 SH   OTR 1 354,200 0 0
CHIPOTLE MEXICAN GRILL INC COM 169656105 16,264 25,000 SH   OTR 1 25,000 0 0
CHUBB CORP COM 171232101 202 2,000 SH   OTR 1 2,000 0 0
CHURCH & DWIGHT INC COM 171340102 2,277 26,660 SH   OTR 1 26,660 0 0
CIT GROUP INC COM NEW 125581801 1,444 32,000 SH   OTR 2 32,000 0 0
CITRIX SYS INC COM 177376100 6 100 SH   OTR 1 100 0 0
CLOROX CO DEL COM 189054109 2,274 20,600 SH   OTR 1 20,600 0 0
COBALT INTL ENERGY INC COM 19075F106 1 100 SH   OTR 1 100 0 0
COGNIZANT TECHNOLOGY SOLUTIO CL A 192446102 967 15,500 SH   OTR 1 15,500 0 0
CONAGRA FOODS INC COM 205887102 2,389 65,400 SH   OTR 1 65,400 0 0
CONCHO RES INC COM 20605P101 672 5,800 SH   OTR 1 5,800 0 0
CONSOLIDATED EDISON INC COM 209115104 104 1,700 SH   OTR 1 1,700 0 0
CONSTELLATION BRANDS INC CL A 21036P108 1,058 9,100 SH   OTR 1 9,100 0 0
CONTINENTAL RESOURCES INC COM 212015101 5,205 119,200 SH   OTR 1 119,200 0 0
COPART INC COM 217204106 4,275 113,800 SH   OTR 1 113,800 0 0
CREE INC COM 225447101 4 100 SH   OTR 1 100 0 0
CROWN HOLDINGS INC COM 228368106 837 15,500 SH   OTR 1 15,500 0 0
DAVITA HEALTHCARE PARTNERS I COM 23918K108 15,794 194,320 SH   OTR 1 194,320 0 0
DIRECTV COM 25490A309 20,901 245,600 SH   OTR 1 245,600 0 0
DISCOVERY COMMUNICATNS NEW COM SER A 25470F104 3,039 98,800 SH   OTR 1 98,800 0 0
DISCOVERY COMMUNICATNS NEW COM SER C 25470F302 8,011 271,800 SH   OTR 1 271,800 0 0
DOLLAR GEN CORP NEW COM 256677105 8 100 SH   OTR 1 100 0 0
DOLLAR TREE INC COM 256746108 17,221 212,220 SH   OTR 1 212,220 0 0
DRESSER-RAND GROUP INC COM 261608103 8 100 SH   OTR 1 100 0 0
DUKE ENERGY CORP NEW COM NEW 26441C204 106 1,378 SH   OTR 1 1,378 0 0
EBAY INC COM 278642103 8,664 150,200 SH   OTR 1 150,200 0 0
EDISON INTL COM 281020107 1,918 30,700 SH   OTR 1 30,700 0 0
EDWARDS LIFESCIENCES CORP COM 28176E108 8,220 57,700 SH   OTR 1 57,700 0 0
ENDO INTL PLC SHS G30401106 924 10,300 SH   OTR 1 10,300 0 0
ENTERGY CORP NEW COM 29364G103 101 1,300 SH   OTR 1 1,300 0 0
EVERSOURCE ENERGY COM 30040W108 2,254 44,619 SH   OTR 1 44,619 0 0
EXPRESS SCRIPTS HLDG CO COM 30219G108 15,459 178,164 SH   OTR 1 178,164 0 0
F5 NETWORKS INC COM 315616102 11 100 SH   OTR 1 100 0 0
FACEBOOK INC CL A 30303M102 978 11,900 SH   OTR 1 11,900 0 0
FISERV INC COM 337738108 26,448 333,100 SH   OTR 1 333,100 0 0
FLOWERS FOODS INC COM 343498101 208 9,150 SH   OTR 1 9,150 0 0
FMC TECHNOLOGIES INC COM 30249U101 4,286 115,800 SH   OTR 1 115,800 0 0
FOSSIL GROUP INC COM 34988V106 3,892 47,200 SH   OTR 1 47,200 0 0
GENERAL MLS INC COM 370334104 108 1,900 SH   OTR 1 1,900 0 0
GILEAD SCIENCES INC COM 375558103 903 9,200 SH   OTR 1 9,200 0 0
GLOBALSTAR INC COM 378973408 13,834 4,154,400 SH   SOLE   4,154,400 0 0
GOOGLE INC CL A 38259P508 777 1,400 SH   OTR 1 1,400 0 0
GOOGLE INC CL C 38259P706 16,550 30,200 SH   OTR 1 30,200 0 0
GRACE W R & CO DEL NEW COM 38388F108 10 100 SH   OTR 1 100 0 0
HALYARD HEALTH INC COM 40650V100 422 8,575 SH   OTR 1 8,575 0 0
HEALTH CARE REIT INC COM 42217K106 101 1,300 SH   OTR 1 1,300 0 0
HERSHEY CO COM 427866108 101 1,000 SH   OTR 1 1,000 0 0
HERTZ GLOBAL HOLDINGS INC COM 42805T105 2 100 SH   OTR 1 100 0 0
HILTON WORLDWIDE HLDGS INC COM 43300A104 3 100 SH   OTR 1 100 0 0
HUDSON CITY BANCORP COM 443683107 1,076 102,700 SH   OTR 1 102,700 0 0
IDEXX LABS INC COM 45168D104 3,862 25,000 SH   OTR 1 25,000 0 0
IHS INC CL A 451734107 4,949 43,500 SH   OTR 1 43,500 0 0
INTERNATIONAL BUSINESS MACHS COM 459200101 1,830 11,400 SH   OTR 1 11,400 0 0
INTUITIVE SURGICAL INC COM NEW 46120E602 51 100 SH   OTR 1 100 0 0
ISHARES IBOXX HI YD ETF 464288513 13,447 148,400 SH Put OTR 3 148,400 0 0
ISHARES TR 20+ YR TR BD ETF 464287432 18,035 138,000 SH Put OTR 3 138,000 0 0
JOHNSON & JOHNSON COM 478160104 1,288 12,800 SH   OTR 1 12,800 0 0
KELLOGG CO COM 487836108 99 1,500 SH   OTR 1 1,500 0 0
KIRBY CORP COM 497266106 4,893 65,200 SH   OTR 1 65,200 0 0
KLX INC COM 482539103 152 3,950 SH   OTR 1 3,950 0 0
KRAFT FOODS GROUP INC COM 50076Q106 136 1,566 SH   OTR 1 1,566 0 0
LABORATORY CORP AMER HLDGS COM NEW 50540R409 16,112 127,782 SH   OTR 1 127,782 0 0
LIBERTY BROADBAND CORP COM SER A 530307107 2 33 SH   OTR 1 33 0 0
LIBERTY BROADBAND CORP COM SER C 530307305 4 66 SH   OTR 1 66 0 0
LIBERTY GLOBAL PLC SHS CL A G5480U104 5 100 SH   OTR 1 100 0 0
LIBERTY GLOBAL PLC SHS CL C G5480U120 5 100 SH   OTR 1 100 0 0
LIBERTY MEDIA CORP DELAWARE CL A 531229102 5 132 SH   OTR 1 132 0 0
LIBERTY MEDIA CORP DELAWARE COM SER C 531229300 10 264 SH   OTR 1 264 0 0
LILLY ELI & CO COM 532457108 2,187 30,100 SH   OTR 1 30,100 0 0
LINKEDIN CORP COM CL A 53578A108 1,199 4,800 SH   OTR 1 4,800 0 0
LKQ CORP COM 501889208 672 26,300 SH   OTR 1 26,300 0 0
LULULEMON ATHLETICA INC COM 550021109 6 100 SH   OTR 1 100 0 0
MARKEL CORP COM 570535104 18,916 24,600 SH   OTR 1 24,600 0 0
MCCORMICK & CO INC COM NON VTG 579780206 2,421 31,400 SH   OTR 1 31,400 0 0
MCDONALDS CORP COM 580135101 2,261 23,200 SH   OTR 1 23,200 0 0
MERCK & CO INC NEW COM 58933Y105 98 1,700 SH   OTR 1 1,700 0 0
METTLER TOLEDO INTERNATIONAL COM 592688105 1,670 5,080 SH   OTR 1 5,080 0 0
MICHAEL KORS HLDGS LTD SHS G60754101 7 100 SH   OTR 1 100 0 0
MICRON TECHNOLOGY INC COM 595112103 3 100 SH   OTR 1 100 0 0
MOHAWK INDS INC COM 608190104 1,022 5,500 SH   OTR 1 5,500 0 0
NEXTERA ENERGY INC COM 65339F101 250 2,400 SH   OTR 1 2,400 0 0
NVR INC COM 62944T105 11,426 8,600 SH   OTR 1 8,600 0 0
PANERA BREAD CO CL A 69840W108 14,921 93,260 SH   OTR 1 93,260 0 0
PATTERSON COMPANIES INC COM 703395103 2,239 45,900 SH   OTR 1 45,900 0 0
PEOPLES UNITED FINANCIAL INC COM 712704105 2,292 150,800 SH   OTR 1 150,800 0 0
PEPSICO INC COM 713448108 96 1,000 SH   OTR 1 1,000 0 0
PFIZER INC COM 717081103 2,278 65,474 SH   OTR 1 65,474 0 0
PHILIP MORRIS INTL INC COM 718172109 2,162 28,700 SH   OTR 1 28,700 0 0
POST HLDGS INC COM 737446104 967 20,650 SH   OTR 1 20,650 0 0
PPL CORP COM 69351T106 101 3,000 SH   OTR 1 3,000 0 0
PREMIER INC CL A 74051N102 4,764 126,780 SH   OTR 1 126,780 0 0
PRICELINE GRP INC COM NEW 741503403 2,910 2,500 SH   OTR 1 2,500 0 0
QUALCOMM INC COM 747525103 81,639 1,177,377 SH   SOLE   1,177,377 0 0
QUANTA SVCS INC COM 74762E102 3 100 SH   OTR 1 100 0 0
QUEST DIAGNOSTICS INC COM 74834L100 1,084 14,100 SH   OTR 1 14,100 0 0
REALOGY HLDGS CORP COM 75605Y106 5 100 SH   OTR 1 100 0 0
REALTY INCOME CORP COM 756109104 1,321 25,600 SH   OTR 1 25,600 0 0
REGENERON PHARMACEUTICALS COM 75886F107 45 100 SH   OTR 1 100 0 0
REYNOLDS AMERICAN INC COM 761713106 90 1,300 SH   OTR 1 1,300 0 0
ROYAL BK SCOTLAND GROUP PLC SP ADR PREF T 780097713 19,728 772,148 SH   OTR 2 772,148 0 0
ROYAL BK SCOTLAND GROUP PLC SP ADR PREF S 780097739 1,411 56,400 SH   OTR 2 56,400 0 0
ROYAL BK SCOTLAND GROUP PLC SP ADR PREF M 780097796 1,362 54,500 SH   OTR 2 54,500 0 0
ROYAL BK SCOTLAND GROUP PLC SPON ADR SER H 780097879 5,461 213,067 SH   OTR 2 213,067 0 0
SALESFORCE COM INC COM 79466L302 929 13,900 SH   OTR 1 13,900 0 0
SALLY BEAUTY HLDGS INC COM 79546E104 7,952 231,360 SH   OTR 1 231,360 0 0
SBA COMMUNICATIONS CORP COM 78388J106 14,415 123,100 SH   OTR 1 123,100 0 0
SCANA CORP NEW COM 80589M102 99 1,800 SH   OTR 1 1,800 0 0
SCHEIN HENRY INC COM 806407102 14,604 104,600 SH   OTR 1 104,600 0 0
SENIOR HSG PPTYS TR SH BEN INT 81721M109 100 4,500 SH   OTR 1 4,500 0 0
SOUTHWESTERN ENERGY CO COM 845467109 1,187 51,200 SH   OTR 1 51,200 0 0
STARWOOD PPTY TR INC COM 85571B105 2,261 93,060 SH   OTR 1 93,060 0 0
STERICYCLE INC COM 858912108 15,784 112,400 SH   OTR 1 112,400 0 0
SYSCO CORP COM 871829107 2,237 59,300 SH   OTR 1 59,300 0 0
TECO ENERGY INC COM 872375100 99 5,100 SH   OTR 1 5,100 0 0
TERADATA CORP DEL COM 88076W103 4 100 SH   OTR 1 100 0 0
TESLA MTRS INC COM 88160R101 19 100 SH   OTR 1 100 0 0
TRAVELERS COMPANIES INC COM 89417E109 97 900 SH   OTR 1 900 0 0
TRIMBLE NAVIGATION LTD COM 896239100 3 100 SH   OTR 1 100 0 0
TRW AUTOMOTIVE HLDGS CORP COM 87264S106 933 8,900 SH   OTR 1 8,900 0 0
UNDER ARMOUR INC CL A 904311107 16 200 SH   OTR 1 200 0 0
UNITED CONTL HLDGS INC COM 910047109 7 100 SH   OTR 1 100 0 0
URBAN OUTFITTERS INC COM 917047102 9,670 211,840 SH   OTR 1 211,840 0 0
VALIDUS HOLDINGS LTD COM SHS G9319H102 1,158 27,500 SH   OTR 1 27,500 0 0
VARIAN MED SYS INC COM 92220P105 14,001 148,800 SH   OTR 1 148,800 0 0
VERISIGN INC COM 92343E102 7 100 SH   OTR 1 100 0 0
VERISK ANALYTICS INC CL A 92345Y106 885 12,400 SH   OTR 1 12,400 0 0
VERIZON COMMUNICATIONS INC COM 92343V104 2,252 46,300 SH   OTR 1 46,300 0 0
WABCO HLDGS INC COM 92927K102 860 7,000 SH   OTR 1 7,000 0 0
WAL-MART STORES INC COM 931142103 2,270 27,600 SH   OTR 1 27,600 0 0
WASTE MGMT INC DEL COM 94106L109 2,261 41,700 SH   OTR 1 41,700 0 0
WATERS CORP COM 941848103 4,426 35,600 SH   OTR 1 35,600 0 0
WHITE MTNS INS GROUP LTD COM G9618E107 2,259 3,300 SH   OTR 1 3,300 0 0
WHITING PETE CORP NEW COM 966387102 328 10,600 SH   OTR 1 10,600 0 0
WISCONSIN ENERGY CORP COM 976657106 99 2,000 SH   OTR 1 2,000 0 0
XCEL ENERGY INC COM 98389B100 2,284 65,600 SH   OTR 1 65,600 0 0
ZEBRA TECHNOLOGIES CORP CL A 989207105 4,633 51,070 SH   OTR 1 51,070 0 0