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

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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
ETF SER SOLUTIONS US GLB JETS 26922A842 4,594,000 200,000 SH Put SOLE 200,000 0 0
ISHARES INC MSCI BRAZIL ETF 464286400 5,770,000 200,000 SH Put SOLE 200,000 0 0
ISHARES TR IBOXX HI YD ETF 464288513 40,325,000 500,000 SH Put SOLE 500,000 0 0
ISHARES TR RUSSELL 2000 ETF 464287655 15,105,300 70,000 SH Put SOLE 70,000 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 973,113,750 1,575,000 SH Put SOLE 1,575,000 0 0