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
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
ALLERGAN PLC SHS G0177J108 126,369 404,382 SH   DFND 1,2 404,382 0 0
ALPS ETF TR ALERIAN MLP 00162Q866 5,061 420,000 SH   DFND 1,2 420,000 0 0
AMERICAN CAP LTD COM 02503Y103 87,812 6,367,784 SH   DFND 1,2 6,367,784 0 0
AMERICAN INTL GROUP INC COM NEW 026874784 80,291 1,295,640 SH   DFND 1,2 1,295,640 0 0
ASHFORD HOSPITALITY TR INC 9% CUM PFD SER 044103505 1,195 47,135 SH   DFND 1,2 47,135 0 0
BAIDU INC SPON ADR REP A 056752108 147,292 779,159 SH   DFND 1,2 779,159 0 0
CDK GLOBAL INC COM 12508E101 12,105 255,000 SH   DFND 1,2 255,000 0 0
CDW CORP COM 12514G108 6,315 150,211 SH   DFND 1,2 150,211 0 0
CITIGROUP INC COM NEW 172967424 154,344 2,982,500 SH   DFND 1,2 2,982,500 0 0
CITIZENS FINL GROUP INC COM 174610105 141,038 5,385,200 SH   DFND 1,2 5,385,200 0 0
COLONY CAP INC CONV PFD-C 19624R403 5,282 241,073 SH   DFND 1,2 241,073 0 0
COMCAST CORP NEW CL A 20030N101 139,565 2,473,249 SH   DFND 1,2 2,473,249 0 0
CURRENCYSHARES EURO TR EURO SHS 23130C108 9,617 90,383 SH   DFND 1,2 90,383 0 0
ENPRO INDS INC COM 29355X107 17,968 409,858 SH   DFND 1,2 409,858 0 0
FEDEX CORP COM 31428X106 172,083 1,155,000 SH   DFND 1,2 1,155,000 0 0
FEDEX CORP COM 31428X106 28,397 190,600 SH Call DFND 1,2 190,600 0 0
GAMESTOP CORP NEW CL A 36467W109 2,804 100,000 SH   DFND 1,2 100,000 0 0
GROUP 1 AUTOMOTIVE INC COM 398905109 20,713 273,625 SH   DFND 1,2 273,625 0 0
HCA HOLDINGS INC COM 40412C101 136,010 2,011,097 SH   DFND 1,2 2,011,097 0 0
INGRAM MICRO INC CL A 457153104 118,078 3,886,687 SH   DFND 1,2 3,886,687 0 0
INTERCONTINENTAL EXCHANGE IN COM 45866F104 85,147 332,267 SH   DFND 1,2 332,267 0 0
JETBLUE AIRWAYS CORP COM 477143101 10,193 450,000 SH   DFND 1,2 450,000 0 0
KLX INC COM 482539103 19,562 635,332 SH   DFND 1,2 635,332 0 0
MASTERCARD INC CL A 57636Q104 112,238 1,152,812 SH   DFND 1,2 1,152,812 0 0
NETFLIX INC COM 64110L106 2,631 23,000 SH   DFND 1,2 23,000 0 0
NEWS CORP NEW CL A 65249B109 4,676 350,000 SH   DFND 1,2 350,000 0 0
NORTHSTAR ASSET MGMT GROUP I COM 66705Y104 42,353 3,488,750 SH   DFND 1,2 3,488,750 0 0
ORACLE CORP COM 68389X105 48,886 1,338,237 SH   DFND 1,2 1,338,237 0 0
ORION ENGINEERED CARBONS S A COM L72967109 22,337 1,772,779 SH   DFND 1,2 1,772,779 0 0
QORVO INC COM 74736K101 24,150 474,462 SH   DFND 1,2 474,462 0 0
SPIRIT AEROSYSTEMS HLDGS INC COM CL A 848574109 15,952 318,602 SH   DFND 1,2 318,602 0 0
TESORO CORP COM 881609101 49,977 474,300 SH   DFND 1,2 474,300 0 0
TIME WARNER CABLE INC COM 88732J207 228,269 1,229,966 SH   DFND 1,2 1,229,966 0 0
TRINSEO S A SHS L9340P101 41,609 1,475,490 SH   DFND 1,2 1,475,490 0 0
TRIPLE-S MGMT CORP CL B 896749108 12,735 532,615 SH   DFND 1,2 532,615 0 0
UNION PAC CORP COM 907818108 35,808 457,900 SH   DFND 1,2 457,900 0 0
VALEANT PHARMACEUTICALS INTL COM 91911K102 7,116 70,000 SH Put DFND 1,2 70,000 0 0
VEDANTA LTD SPONSORED ADR 92242Y100 5,767 1,037,282 SH   DFND 1,2 1,037,282 0 0
WESTROCK CO COM 96145D105 115,796 2,538,272 SH   DFND 1,2 2,538,272 0 0
WISDOMTREE TR EUROPE HEDGED E 97717X701 4,466 83,000 SH   DFND 1,2 83,000 0 0
WMIH CORP COM 92936P100 7,172 2,769,100 SH   DFND 1,2 2,769,100 0 0