13D Filing: Magnetar Capital and Kate Spade & Co (KATE)

CUSIP No.   485865109

SCHEDULE 13D

1.

Name of Reporting Person:
Alec N. Litowitz

2.

Check the Appropriate Box if a Member of a Group

(a)

 o

(b)

 x

3.

SEC Use Only

4.

Source of Funds
OO

5.

Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)     o

6.

Citizenship or Place of Organization
United States of America

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

7.

Sole Voting Power
0

8.

Shared Voting Power
6,362,202

9.

Sole Dispositive Power
0

10.

Shared Dispositive Power
6,362,202

11.

Aggregate Amount Beneficially Owned by Each Reporting Person
6,362,202

12.

Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares   o

13.

Percent of Class Represented by Amount in Row (11)
4.95%

14.

Type of Reporting Person
HC; IN