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
AH BELO CORP-A COMM 001282102 448 70,495 SH   SOLE   448 0 0
AMC NETWORKS INC COMM 00164V103 3,867 73,888 SH   SOLE   3,867 0 0
APPLE COMPUTER INC COMM 037833100 1,361 11,750 SH   SOLE   1,361 0 0
APPLIED MICRO CIRCUITS CORP COMM 03822W406 1,650 200,000 SH   SOLE   1,650 0 0
ASSOCIATED CAPITAL GROUP COMM 045528106 1,813 55,183 SH   SOLE   1,813 0 0
B/E AEROSPACE INC COMM 073302101 2,408 40,000 SH   SOLE   2,408 0 0
BERKSHIRE HATHAWAY INC CL A COMM 084670108 488 2 SH   SOLE   488 0 0
BLUE NILE INC COMM 09578R103 2,032 50,000 SH   SOLE   2,032 0 0
BROCADE COMMUNICATIONS SYS COMM 111621306 1,249 100,000 SH   SOLE   1,249 0 0
CABELAS INC-CL A COMM 126804301 2,342 40,000 SH   SOLE   2,342 0 0
CABLE ONE INC COMM 12685J105 1,243 2,000 SH   SOLE   1,243 0 0
CAMBIUM LEARNING GROUP INC COMM 13201A107 65 13,100 SH   SOLE   65 0 0
CENTURYLINK INC COMM 156700106 2,126 89,400 SH   SOLE   2,126 0 0
CINCINNATI BELL INC COMM 171871502 2,233 99,899 SH   SOLE   2,233 0 0
CLARCOR INC COMM 179895107 1,192 14,452 SH   SOLE   1,192 0 0
CONSOLIDATED COMMUNICATIONS COMM 209034107 319 11,882 SH   SOLE   319 0 0
CST BRANDS INC COMM 12646R105 3,573 74,201 SH   SOLE   3,573 0 0
CYRUSONE INC REIT 23283R100 552 12,350 SH   SOLE   552 0 0
DATALINK CORP COMM 237934104 778 69,100 SH   SOLE   778 0 0
DISCOVERY COMMUNICATIONS-A COMM 25470F104 1,042 38,029 SH   SOLE   1,042 0 0
DISCOVERY COMMUNICATIONS-C COMM 25470F302 568 21,214 SH   SOLE   568 0 0
DR PEPPER SNAPPLE GROUP INC COMM 26138E109 852 9,397 SH   SOLE   852 0 0
EARTHLINK HOLDINGS CORP COMM 27033X101 948 168,000 SH   SOLE   948 0 0
ENDURANCE SPECIALTY HOLDINGS COMM G30397106 1,848 20,000 SH   SOLE   1,848 0 0
ENERGY TRANSFER PARTNERS LP LTDP 29273R109 2,328 65,000 SH   SOLE   2,328 0 0
EQUINIX INC COMM 29444U700 3,782 10,583 SH   SOLE   3,782 0 0
FMC TECHNOLOGIES INC COMM 30249U101 2,132 60,000 SH   SOLE   2,132 0 0
FORTUNE BRANDS HOME & SECURI COMM 34964C106 692 12,947 SH   SOLE   692 0 0
FRONTIER COMMUNICATIONS CORP SER B COMM 35906A108 1,011 299,192 SH   SOLE   1,011 0 0
GAMCO INVESTORS INC-A COMM 361438104 1,589 51,444 SH   SOLE   1,589 0 0
GANNETT CO INC COMM 36473H104 457 47,058 SH   SOLE   457 0 0
GAS NATURAL INC COMM 367204104 1,036 82,513 SH   SOLE   1,036 0 0
GENUINE PARTS CO COMM 372460105 1,596 16,700 SH   SOLE   1,596 0 0
GOGO INC COMM 38046C109 1,936 210,010 SH   SOLE   1,936 0 0
HARMAN INTERNATIONAL COMM 413086109 2,942 26,468 SH   SOLE   2,942 0 0
HEADWATERS INC COMM 42210P102 3,528 150,000 SH   SOLE   3,528 0 0
HILTON HOTELS CORP COMM 43300A104 3,317 121,950 SH   SOLE   3,317 0 0
INTELIQUENT INC COMM 45825N107 4,208 183,581 SH   SOLE   4,208 0 0
INTERNAP CORPORATION COMM 45885A300 478 310,089 SH   SOLE   478 0 0
INTERSIL CORP -CL A COMM 46069S109 892 40,000 SH   SOLE   892 0 0
INTERXION HOLDING NV COMM N47279109 1,299 37,051 SH   SOLE   1,299 0 0
ISHARES RUSSELL 2000 COMM 464287655 33,713 250,000 SH   SOLE   33,713 0 0
KAR AUCTION SERVICES INC COMM 48238T109 384 9,021 SH   SOLE   384 0 0
LATTICE SEMICONDUCTOR CORP COMM 518415104 589 80,000 SH   SOLE   589 0 0
LEVEL 3 COMMUNICATIONS INC COMM 52729N308 2,068 36,700 SH   SOLE   2,068 0 0
LGL GROUP INC COMM 50186A108 11 2,100 SH   SOLE   11 0 0
LGL GROUP INC WRNT 50186A108 132 26,300 SH   SOLE   132 0 0
LIFELOCK INC COMM 53224V100 718 30,000 SH   SOLE   718 0 0
LIONS GATE ENTERTAINMENT-B COMM 535919500 793 32,331 SH   SOLE   793 0 0
MADISON SQUARE GARD-A/NEW COMM 553573106 3,124 145,282 SH   SOLE   3,124 0 0
MADISON SQUARE GARDEN COMPANY (THE) CL A COMM 55825T103 1,793 10,453 SH   SOLE   1,793 0 0
MEDIA GENERAL INC COMM 58441K100 5,038 267,561 SH   SOLE   5,038 0 0
MENTOR GRAPHICS CORP COMM 587200106 2,398 65,000 SH   SOLE   2,398 0 0
MERCURY GENERAL CORP COMM 589400100 494 8,200 SH   SOLE   494 0 0
METALDYNE PERFORMANCE GROUP COMM 59116R107 1,377 60,000 SH   SOLE   1,377 0 0
MICROSOFT CORP COMM 594918104 1,679 27,016 SH   SOLE   1,679 0 0
NETWORK-1 SECURITY SOLUTIONS COMM 64121N109 2,002 588,908 SH   SOLE   2,002 0 0
NEW YORK REIT INC REIT 64976L109 1,536 151,800 SH   SOLE   1,536 0 0
NEWS CORP/NEW-CL A COMM 65249B109 1,931 168,465 SH   SOLE   1,931 0 0
NEXSTAR BROADCASTING GROUP-A COMM 65336K103 2,259 35,688 SH   SOLE   2,259 0 0
NXP SEMICONDUCTORS NV COMM N6596X109 853 8,700 SH   SOLE   853 0 0
PARAMOUNT GOLD NEVADA CORP COMM 69924M109 27 15,000 SH   SOLE   27 0 0
PHIBRO ANIMAL HEALTH CORP-A COMM 71742Q106 1,034 35,290 SH   SOLE   1,034 0 0
REYNOLDS AMERICAN INC COMM 761713106 1,121 20,000 SH   SOLE   1,121 0 0
RITE AID CORP COMM 767754104 2,076 252,000 SH   SOLE   2,076 0 0
RITE AID CORP COMM 767754104 330 40,000 SH   SOLE   330 0 0
ROLLINS INC COMM 775711104 253 7,500 SH   SOLE   253 0 0
ROSS STORES INC COMM 778296103 1,102 16,800 SH   SOLE   1,102 0 0
SCOTTS MIRACLE-GRO CO-CL A COMM 810186106 831 8,700 SH   SOLE   831 0 0
SCRIPPS E W CO OHIO CL A NEW COMM 811054402 1,988 102,822 SH   SOLE   1,988 0 0
SCRIPPS NETWORKS INTER-CL A COMM 811065101 938 13,142 SH   SOLE   938 0 0
SHENANDOAH TELECOMMUN CO COMM 82312B106 513 18,774 SH   SOLE   513 0 0
SPECTRA ENERGY CORP COMM 847560109 822 20,000 SH   SOLE   822 0 0
ST JUDE MEDICAL INC COMM 790849103 8,019 100,000 SH   SOLE   8,019 0 0
TEAM HEALTH HOLDINGS INC COMM 87817A107 12,601 290,000 SH   SOLE   12,601 0 0
TEGNA INC COMM 87901J105 6,796 317,729 SH   SOLE   6,796 0 0
TIME WARNER INC COMM 887317303 5,277 54,668 SH   SOLE   5,277 0 0
T-MOBILE US INC COMM 872590104 459 7,988 SH   SOLE   459 0 0
TOOTSIE ROLL INDS COMM 890516107 1,200 30,191 SH   SOLE   1,200 0 0
TRIBUNE MEDIA COMPANY COMM 896047503 979 28,000 SH   SOLE   979 0 0
TWENTY-FIRST CENTURY-CL A COMM 90130A101 286 10,200 SH   SOLE   286 0 0
UNITED STATES OIL FUND LP COMM 91232N108 4,688 400,000 SH   SOLE   4,688 0 0
VIACOM INC-CLASS A COMM 92553P102 4,132 107,325 SH   SOLE   4,132 0 0
VIACOM INC-CLASS B COMM 92553P201 3,184 90,704 SH   SOLE   3,184 0 0
WHITEWAVE FOODS CO - A COMM 966244105 1,668 30,000 SH   SOLE   1,668 0 0
WMI HLDGS CORP COMM 92936P100 188 121,499 SH   SOLE   188 0 0