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
ADIENT PLC ORD SHS G0084W101 224,031 3,426,600 SH   DFND 1,2 3,426,600 0 0
ALLERGAN PLC PFD CONV SER A G0177J116 78,197 90,150 SH   DFND 1,2 90,150 0 0
ALLY FINL INC COM 02005N100 168,547 8,064,470 SH   DFND 1,2 8,064,470 0 0
ALPHABET INC CAP STK CL A 02079K305 154,162 165,823 SH   DFND 1,2 165,823 0 0
ARDAGH GROUP S A CL A L0223L101 4,469 197,661 SH   DFND 1,2 197,661 0 0
ASBURY AUTOMOTIVE GROUP INC COM 043436104 20,884 369,301 SH   DFND 1,2 369,301 0 0
BAIDU INC SPON ADR REP A 056752108 220,974 1,235,459 SH   DFND 1,2 1,235,459 0 0
C&J ENERGY SVCS INC NEW COM 12674R100 22,276 650,000 SH   DFND 1,2 650,000 0 0
CAPITAL ONE FINL CORP COM 14040H105 2,264 27,400 SH   DFND 1,2 27,400 0 0
CBRE GROUP INC CL A 12504L109 65,497 1,799,361 SH   DFND 1,2 1,799,361 0 0
CDK GLOBAL INC COM 12508e101 103,933 1,674,717 SH   DFND 1,2 1,674,717 0 0
CDW CORP COM 12514G108 68,371 1,093,411 SH   DFND 1,2 1,093,411 0 0
CHARTER COMMUNICATIONS INC N CL A 16119P108 3,619 10,744 SH   DFND 1,2 10,744 0 0
CIT GROUP INC COM NEW 125581801 180,043 3,696,974 SH   DFND 1,2 3,696,974 0 0
CITIGROUP INC COM NEW 172967424 165,628 2,476,500 SH   DFND 1,2 2,476,500 0 0
CITIZENS FINL GROUP INC COM 174610105 9,871 276,660 SH   DFND 1,2 276,660 0 0
COMCAST CORP NEW CL A 20030N101 44,369 1,140,000 SH Call DFND 1,2 1,140,000 0 0
COMCAST CORP NEW CL A 20030N101 118,745 3,050,998 SH   DFND 1,2 3,050,998 0 0
FEDEX CORP COM 31428X106 64,656 297,500 SH   DFND 1,2 297,500 0 0
GROUP 1 AUTOMOTIVE INC COM 398905109 5,650 89,225 SH   DFND 1,2 89,225 0 0
HCA HEALTHCARE INC COM 40412C101 164,290 1,884,054 SH   DFND 1,2 1,884,054 0 0
INTERCONTINENTAL EXCHANGE IN COM 45866F104 115,168 1,747,085 SH   DFND 1,2 1,747,085 0 0
ISHARES SILVER TRUST ISHARES 46428Q109 7,651 487,000 SH   DFND 1,2 487,000 0 0
LITHIA MTRS INC CL A 536797103 55,989 594,169 SH   DFND 1,2 594,169 0 0
MASTERCARD INCORPORATED CL A 57636Q104 145,375 1,196,997 SH   DFND 1,2 1,196,997 0 0
ORION ENGINEERED CARBONS S A COM L72967109 22,509 1,128,280 SH   DFND 1,2 1,128,280 0 0
REALOGY HLDGS CORP COM 75605Y106 96,111 2,961,807 SH   DFND 1,2 2,961,807 0 0
ROYAL BK SCOTLAND GROUP PLC NOTE 8.625%12/3 780097BB6 51,202 47,000,000 PRN   DFND 1,2 47,000,000 0 0
SPDR GOLD TRUST GOLD SHS 78463V107 5,159 43,710 SH   DFND 1,2 43,710 0 0
SYNCHRONY FINL COM 87165B103 2,430 81,500 SH   DFND 1,2 81,500 0 0
TRIPLE-S MGMT CORP CL B 896749108 17,641 1,043,233 SH   DFND 1,2 1,043,233 0 0
VEREIT INC COM 92339V100 27,269 3,350,000 SH   DFND 1,2 3,350,000 0 0
WESTROCK CO COM 96145D105 95,833 1,691,372 SH   DFND 1,2 1,691,372 0 0
WMIH CORP COM 92936P100 3,461 2,769,100 SH   DFND 1,2 2,769,100 0 0