DG Capital Management 13F-HR Quarterly holdings report by institutional manager

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
Expires:	Oct 31, 2018
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
ABBOTT LABS	COM	002824100	2,735	60,741	SH		SOLE		60,741	0	0
ABBVIE INC	COM	00287Y109	2,715	41,485	SH		SOLE		41,485	0	0
ACE LTD	SHS	H0023R105	3,363	29,272	SH		SOLE		29,272	0	0
ACTAVIS PLC	SHS	G0083B108	3,267	12,693	SH		SOLE		12,693	0	0
ACTIVISION BLIZZARD INC	COM	00507V109	917	45,485	SH		SOLE		45,485	0	0
ADOBE SYS INC	COM	00724F101	4,865	66,919	SH		SOLE		66,919	0	0
AETNA INC NEW	COM	00817Y108	2,362	26,587	SH		SOLE		26,587	0	0
ALEXION PHARMACEUTICALS INC	COM	015351109	1,558	8,420	SH		SOLE		8,420	0	0
ALKERMES PLC	SHS	G01767105	285	4,860	SH		SOLE		4,860	0	0
AMERICAN AIRLS GROUP INC	COM	02376R102	5,486	102,297	SH		SOLE		102,297	0	0
AMGEN INC	COM	031162100	7,496	47,058	SH		SOLE		47,058	0	0
ANADARKO PETE CORP	COM	032511107	1,856	22,491	SH		SOLE		22,491	0	0
ANHEUSER BUSCH INBEV SA/NV	SPONSORED ADR	03524A108	2,453	21,835	SH		SOLE		21,835	0	0
APPLE INC	COM	037833100	4,156	37,650	SH		SOLE		37,650	0	0
BAIDU INC	SPON ADR REP A	056752108	2,227	9,770	SH		SOLE		9,770	0	0
BIOGEN IDEC INC	COM	09062X103	9,195	27,089	SH		SOLE		27,089	0	0
CBS CORP NEW	CL B	124857202	2,798	50,555	SH		SOLE		50,555	0	0
CELGENE CORP	COM	151020104	2,797	25,005	SH		SOLE		25,005	0	0
COMMUNITY HEALTH SYS INC NEW	COM	203668108	2,172	40,280	SH		SOLE		40,280	0	0
CUBIST PHARMACEUTICALS INC	COM	229678107	430	4,270	SH		SOLE		4,270	0	0
CUMMINS INC	COM	231021106	2,233	15,490	SH		SOLE		15,490	0	0
DELTA AIR LINES INC DEL	COM NEW	247361702	3,873	78,735	SH		SOLE		78,735	0	0
EOG RES INC	COM	26875P101	859	9,335	SH		SOLE		9,335	0	0
FACEBOOK INC	CL A	30303M102	1,856	23,788	SH		SOLE		23,788	0	0
FEDEX CORP	COM	31428x106	4,766	27,445	SH		SOLE		27,445	0	0
GILEAD SCIENCES INC	COM	375558103	4,112	43,620	SH		SOLE		43,620	0	0
GOLDMAN SACHS GROUP INC	COM	38141g104	3,362	17,344	SH		SOLE		17,344	0	0
GOOGLE INC	CL A	38259p508	951	1,793	SH		SOLE		1,793	0	0
GOOGLE INC	CL C	38259p706	1,860	3,533	SH		SOLE		3,533	0	0
HARLEY DAVIDSON INC	COM	412822108	1,732	26,285	SH		SOLE		26,285	0	0
HARMAN INTL INDS INC	COM	413086109	1,346	12,610	SH		SOLE		12,610	0	0
HCA HOLDINGS INC	COM	40412C101	3,697	50,368	SH		SOLE		50,368	0	0
HD SUPPLY HLDGS INC	COM	40416M105	1,787	60,580	SH		SOLE		60,580	0	0
HDFC BANK LTD	ADR REPS 3 SHS	40415F101	1,448	28,537	SH		SOLE		28,537	0	0
HEWLETT PACKARD CO	COM	428236103	1,405	35,000	SH		SOLE		35,000	0	0
HONEYWELL INTL INC	COM	438516106	2,122	21,235	SH		SOLE		21,235	0	0
HOSPIRA INC	COM	441060100	744	12,140	SH		SOLE		12,140	0	0
INTEL CORP	COM	458140100	2,776	76,490	SH		SOLE		76,490	0	0
INTUIT	COM	461202103	2,327	25,240	SH		SOLE		25,240	0	0
ISHARES TR	CHINA LG-CAP ETF	464287184	334	8,030	SH		SOLE		8,030	0	0
L BRANDS INC	COM	501797104	1,412	16,315	SH		SOLE		16,315	0	0
LILLY ELI & CO	COM	532457108	4,046	58,640	SH		SOLE		58,640	0	0
MARSH & MCLENNAN COS INC	COM	571748102	2,777	48,513	SH		SOLE		48,513	0	0
MASTERCARD INC	CL A	57636Q104	3,725	43,235	SH		SOLE		43,235	0	0
MEAD JOHNSON NUTRITION CO	COM	582839106	4,214	41,910	SH		SOLE		41,910	0	0
MICRON TECHNOLOGY INC	COM	595112103	3,466	99,005	SH		SOLE		99,005	0	0
MICROSOFT CORP	COM	594918104	3,902	83,995	SH		SOLE		83,995	0	0
MONSANTO CO NEW	COM	61166w101	2,822	23,620	SH		SOLE		23,620	0	0
MORGAN STANLEY	COM NEW	617446448	3,878	99,945	SH		SOLE		99,945	0	0
NEWFIELD EXPL CO	COM	651290108	1,872	69,020	SH		SOLE		69,020	0	0
NIKE INC	CL B	654106103	2,314	24,066	SH		SOLE		24,066	0	0
NOKIA CORP	SPONSORED ADR	654902204	1,861	236,820	SH		SOLE		236,820	0	0
NOVARTIS A G	SPONSORED ADR	66987V109	4,248	45,850	SH		SOLE		45,850	0	0
NXP SEMICONDUCTORS N V	COM	N6596X109	3,101	40,583	SH		SOLE		40,583	0	0
PALO ALTO NETWORKS INC	COM	697435105	1,445	11,790	SH		SOLE		11,790	0	0
PROSHARES TR II	ULTRASHRT EURO	74347W882	212	9,792	SH		SOLE		9,792	0	0
PRUDENTIAL PLC	ADR	74435K204	316	6,845	SH		SOLE		6,845	0	0
REGENERON PHARMACEUTICALS	COM	75886F107	1,399	3,410	SH		SOLE		3,410	0	0
SANOFI	SPONSORED ADR	80105N105	2,326	50,990	SH		SOLE		50,990	0	0
SCHWAB CHARLES CORP NEW	COM	808513105	2,368	78,450	SH		SOLE		78,450	0	0
TENET HEALTHCARE CORP	COM NEW	88033G407	1,899	37,470	SH		SOLE		37,470	0	0
TEXAS INSTRS INC	COM	882508104	2,441	45,655	SH		SOLE		45,655	0	0
TIME WARNER INC	COM NEW	887317303	3,366	39,410	SH		SOLE		39,410	0	0
TYSON FOODS INC	CL A	902494103	1,789	44,615	SH		SOLE		44,615	0	0
VERTEX PHARMACEUTICALS INC	COM	92532F100	683	5,753	SH		SOLE		5,753	0	0
VISA INC	COM CL A	92826C839	3,755	14,320	SH		SOLE		14,320	0	0
WALGREENS BOOTS ALLIANCE INC	COM	931427108	232	3,045	SH		SOLE		3,045	0	0