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
Clear Channel Outdoor Holdings CL A 18451C109 1,783 233,676 SH   DFND 1, 2 0 0 233,676
General Motors Company W EXP 7/10/2019 37045V126 12,437 760,633 SH   DFND 1, 2 0 0 0
Franklin Resources Inc. COM 354613101 108,644 798,734 SH   DFND 1, 2 0 798,734 0
PPG Industries Inc. COM 693506107 84,507 577,195 SH   DFND 1, 2 0 577,195 0