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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
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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
JEFFERIES FINL GROUP INC COM 47233W109 339 19,500 SH   SOLE   0 0 19,500
ST JOE CO COM 790148100 349,636 26,547,898 SH   SOLE 1 24,723,335 0 1,824,563
VISTA OUTDOOR INC COM 928377100 16,746 1,475,400 SH   SOLE 1 1,065,300 0 410,100