| Beazer Homes USA, Inc. CMN(BZH) | com | 07556Q881 | $2.9M | 161,180 | 71.5% |
| Builders Firstsource, Inc. CMN(BLDR) | com | 12008R107 | $1.0M | 177,872 | 25.8% |
| Magnum Hunter Resources Corpor*ation CMN | com | 55973B102 | $7.8K | 1,257,232 | 0.2% |
| Nationstar MTG Hldgs Inc CMN | com | 63861C109 | $6.8K | 121,706 | 0.2% |
| Ocwen Financial Corporation CMN | com | 675746309 | $6.0K | 108,027 | 0.1% |
| Gulfport Energy Corp (New) CMN | com | 402635304 | $5.8K | 90,315 | 0.1% |
| W.R. Grace & Co (New) CMN | com | 38388F108 | $5.5K | 63,413 | 0.1% |
| Goodrich Petroleum Corp (New) CMN | com | 382410405 | $5.0K | 206,359 | 0.1% |
| Lyondellbasell Industries N.V. CMN Class A(LYB) | com | N53745100 | $5.0K | 68,063 | 0.1% |
| Anadarko Petroleum Corp CMN(APC3EUR) | com | 032511107 | $4.9K | 52,706 | 0.1% |
| WTS ER Morgan, Inc. EXP 05/25/2017 | com | 49456B119 | $4.5K | 903,472 | 0.1% |
| Realogy Hldgs Corp CMN | com | 75605Y106 | $3.8K | 88,337 | 0.1% |
| The Howard Hughes Corp CMN(HHC*) | com | 44267D107 | $3.7K | 33,128 | 0.1% |
| Synovus Financial Corporation CMN | com | 87161C105 | $3.6K | 1,076,917 | 0.1% |
| WCI Communities, Inc. CMN | com | 92923C807 | $3.5K | 201,300 | 0.1% |
| Standard Pacific Corp New CMN | com | 85375C101 | $3.4K | 433,284 | 0.1% |
| Owens Corning CMN(OC) | com | 690742101 | $3.3K | 86,211 | 0.1% |
| Carmike Cinemas Inc CMN | com | 143436400 | $3.2K | 146,270 | 0.1% |
| Newcastle Investment Corporati*on CMN | com | 65105M108 | $3.1K | 553,078 | 0.1% |
| Gencorp Inc CMN | com | 368682100 | $3.1K | 193,308 | 0.1% |
| Masonite Intl Corp New CMN(DOOREUR) | com | 575385109 | $3.1K | 63,000 | 0.1% |
| Tuesday Morning Corp CMN | com | 899035505 | $3.1K | 200,000 | 0.1% |
| Pultegroup Inc. CMN(PHM) | com | 745867101 | $2.9K | 175,576 | 0.1% |
| New Residential Investment Cor*p. CMN | com | 64828T102 | $2.9K | 436,466 | 0.1% |
| AIR Transport Services Group I*nc CMN(ATSG*) | com | 00922R105 | $2.9K | 385,521 | 0.1% |
| Toll Brothers, Inc. CMN(TOL) | com | 889478103 | $2.8K | 86,980 | 0.1% |
| Michael Kors Holdings Limited CMN | com | G60754101 | $1.9K | 25,784 | 0.0% |
| WTS Ican International GRO 45.0000 Exp01/19/2021 | com | 026874156 | $1.9K | 100,000 | 0.0% |
| CUI Global, Inc. CMN | com | 126576206 | $1.8K | 314,520 | 0.0% |
| Ultra Clean Holdings, Inc. CMN(UCTT) | com | 90385V107 | $1.8K | 257,835 | 0.0% |
| Great Lakes Dredge & Dock Corp CMN(GLDD) | com | 390607109 | $1.6K | 220,956 | 0.0% |
| Fifth & Pacific Companies Inc CMN | com | 316645100 | $1.5K | 59,185 | 0.0% |
| Silicon Graphics Intl Corp CMN | com | 82706L108 | $1.2K | 75,000 | 0.0% |