| Beazer Homes USA, Inc.(BZH) | com | 07556Q881 | $5.0M | 204,080 | 61.7% |
| Ambac Financial Group Inc.(OSG) | com | 023139884 | $1.8M | 75,000 | 22.8% |
| Builders Firstsource, Inc.(BLDR) | com | 12008R107 | $1.2M | 161,772 | 14.3% |
| Magnum Hunter Resources Corporation | com | 55973B102 | $8.6K | 1,180,232 | 0.1% |
| W.R. Grace & Co (New) | com | 38388F108 | $5.9K | 59,713 | 0.1% |
| Ocwen Financial Corporation | com | 675746309 | $5.6K | 101,227 | 0.1% |
| Gulfport Energy Corp (New) | com | 402635304 | $5.4K | 84,815 | 0.1% |
| Lyondellbasell Industries N.V. CMN Class A(LYB) | com | N53745100 | $5.1K | 64,063 | 0.1% |
| Eagle Materials Inc.(EXP) | com | 26969P108 | $4.3K | 55,800 | 0.1% |
| Realogy Hldgs Corp | com | 75605Y106 | $4.1K | 82,937 | 0.1% |
| Altisource Portfolio SOL | com | L0175J104 | $4.0K | 25,000 | 0.0% |
| Carmike Cinemas Inc | com | 143436400 | $3.8K | 137,470 | 0.0% |
| The Howard Hughes Corp(HHC*) | com | 44267D107 | $3.7K | 31,128 | 0.0% |
| Owens Corning(OC) | com | 690742101 | $3.7K | 90,311 | 0.0% |
| WCI Communities, Inc. | com | 92923C807 | $3.6K | 189,600 | 0.0% |
| AIR Transport Services Group I*nc CMN(ATSG*) | com | 00922R105 | $3.6K | 445,221 | 0.0% |
| Masonite Intl Corp New(DOOREUR) | com | 575385109 | $3.6K | 59,200 | 0.0% |
| WTS ER Morgan, Inc. EXP 05/25/2017 | com | 49456B119 | $3.5K | 850,772 | 0.0% |
| Pultegroup Inc.(PHM) | com | 745867101 | $3.4K | 164,976 | 0.0% |
| Goodrich Petroleum Corp (New) | com | 382410405 | $3.3K | 194,159 | 0.0% |
| Gencorp Inc | com | 368682100 | $3.3K | 181,908 | 0.0% |
| Toll Brothers, Inc.(TOL) | com | 889478103 | $3.0K | 81,280 | 0.0% |
| Tuesday Morning Corp | com | 899035505 | $3.0K | 188,400 | 0.0% |
| General Motors Company(GM) | com | 37045V100 | $2.9K | 70,000 | 0.0% |
| Newcastle Investment Corporation | com | 65105M108 | $2.4K | 418,678 | 0.0% |
| CUI Global, Inc. | com | 126576206 | $2.3K | 363,520 | 0.0% |
| Horsehead Holding Corp. | com | 440694305 | $2.3K | 139,300 | 0.0% |
| PAR Petroleum Corp | com | 69888T108 | $2.1K | 929,000 | 0.0% |
| Great Lakes Dredge & Dock Corp(GLDD) | com | 390607109 | $1.9K | 208,256 | 0.0% |
| WTS Ican International GRO 45.0000 Exp01/19/2021 | com | 026874156 | $1.8K | 91,300 | 0.0% |
| Ultra Clean Holdings, Inc.(UCTT) | com | 90385V107 | $1.2K | 119,061 | 0.0% |
| Silicon Graphics Intl Corp | com | 82706L108 | $948 | 70,700 | 0.0% |