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
ADT INC COM 00090Q103 991 125,000 SH   DFND 1 125,000 0 0
AETNA INC NEW COM 00817Y108 26,726 158,141 SH   DFND 1 158,141 0 0
ALLIANCE DATA SYSTEMS CORP COM 018581108 4,577 21,500 SH   DFND 1 21,500 0 0
ALTABA INC COM 021346101 63,311 855,085 SH   DFND 1 855,085 0 0
APPLIED INDL TECHNOLOGIES IN COM 03820C105 1,357 18,610 SH   DFND 2 18,610 0 0
AQUA AMERICA INC COM 03836W103 1,305 38,321 SH   DFND 2 38,321 0 0
AV HOMES INC COM 00234P102 200 10,808 SH   DFND 1 10,808 0 0
AXALTA COATING SYS LTD COM G0750C108 10,645 352,600 SH   DFND 1 352,600 0 0
BIOGEN INC COM 09062X103 1,733 6,331 SH   DFND 2 6,331 0 0
BIO TECHNE CORP COM 09073M104 1,400 9,270 SH   DFND 2 9,270 0 0
BUNGE LIMITED COM G16962105 3,993 54,000 SH   DFND 1 54,000 0 0
CABOT MICROELECTRONICS CORP COM 12709P103 1,377 12,857 SH   DFND 2 12,857 0 0
CHARTER COMMUNICATIONS INC N CL A 16119P108 2,405 7,729 SH   DFND 1 7,729 0 0
CHEMED CORP NEW COM 16359R103 1,377 5,046 SH   DFND 2 5,046 0 0
CIGNA CORPORATION COM 125509109 5,032 30,000 SH   DFND 1 30,000 0 0
CLOUD PEAK ENERGY INC COM 18911Q102 2,796 960,806 SH   DFND 1 960,806 0 0
COMCAST CORP NEW CL A 20030N101 1,709 50,000 SH   DFND 1 50,000 0 0
COMCAST CORP NEW CL A 20030N101 1,726 50,528 SH   DFND 2 50,528 0 0
CONSOL ENERGY INC NEW COM 20854L108 3,372 116,381 SH   DFND 1 116,381 0 0
CVR REFNG LP LP COMUNIT REP LT 12663P107 731 56,000 SH   DFND 1 56,000 0 0
DELL TECHNOLOGIES INC COM CL V 24703L103 23,882 326,215 SH   DFND 1 326,215 0 0
DISCOVERY COMMUNICATNS NEW COM SER C 25470F302 19,146 980,839 SH   DFND 1 980,839 0 0
DISH NETWORK CORP CL A 25470M109 1,663 43,888 SH   DFND 2 43,888 0 0
DOMINION ENERGY INC COM 25746U109 7,493 111,128 SH   DFND 1 111,128 0 0
DXC TECHNOLOGY CO COM 23355L106 2,011 20,000 SH   DFND 1 20,000 0 0
ENERSYS COM 29275Y102 1,304 18,801 SH   DFND 2 18,801 0 0
ENPRO INDS INC COM 29355X107 1,399 18,081 SH   DFND 2 18,081 0 0
ENSIGN GROUP INC COM 29358P101 1,290 49,070 SH   DFND 2 49,070 0 0
EXPRESS SCRIPTS HLDG CO COM 30219G108 1,675 24,251 SH   DFND 2 24,251 0 0
FIESTA RESTAURANT GROUP INC COM 31660B101 60,506 3,270,578 SH   SOLE   3,270,578 0 0
FREEPORT-MCMORAN INC CL B 35671D857 2,108 120,000 SH   DFND 1 120,000 0 0
GAMESTOP CORP NEW CL A 36467W109 1,054 83,503 SH   DFND 2 83,503 0 0
GCI LIBERTY INC COM CLASS A 36164V305 14,672 277,572 SH   DFND 1 277,572 0 0
GOLDEN OCEAN GROUP LTD SHS NEW G39637205 1,414 177,911 SH   DFND 1 177,911 0 0
HCA HEALTHCARE INC COM 40412C101 1,788 18,436 SH   DFND 2 18,436 0 0
HP INC COM 40434L105 1,715 78,223 SH   DFND 2 78,223 0 0
HRG GROUP INC COM 40434J100 768,434 46,600,000 SH   SOLE   46,600,000 0 0
IAC INTERACTIVECORP COM 44919P508 29,434 188,220 SH   DFND 1 188,220 0 0
IDEX CORP COM 45167R104 1,365 9,576 SH   DFND 2 9,576 0 0
ILG INC COM 44967H101 5,492 176,533 SH   DFND 1 176,533 0 0
ITT INC COM 45073V108 1,279 26,109 SH   DFND 2 26,109 0 0
LABORATORY CORP AMER HLDGS COM NEW 50540R409 1,714 10,594 SH   DFND 2 10,594 0 0
LANDCADIA HLDGS INC *W EXP 06/01/202 51476W115 5,145 7,000,000 SH   SOLE   7,000,000 0 0
LIBERTY INTERACTIVE CORP QVC GP COM SER A 53071M104 2,881 114,463 SH   DFND 1 114,463 0 0
LIBERTY MEDIA CORP DELAWARE COM A SIRIUSXM 531229409 22,190 539,905 SH   DFND 1 539,905 0 0
LIBERTY MEDIA CORP DELAWARE COM C SIRIUSXM 531229607 5,234 128,118 SH   DFND 1 128,118 0 0
LIBERTY MEDIA CORP DELAWARE COM SER A FRMLA 531229870 5,809 198,329 SH   DFND 1 198,329 0 0
LONESTAR RES US INC CL A VTG 54240F103 2,171 500,227 SH   DFND   500,227 0 0
LONESTAR RES US INC CL A VTG 54240F103 15,096 3,478,261 SH   SOLE   3,478,261 0 0
MOBILE MINI INC COM 60740F105 1,359 31,231 SH   DFND 2 31,231 0 0
MONSANTO CO NEW COM 61166W101 19,023 163,023 SH   DFND 1 163,023 0 0
NEW YORK REIT INC COM NEW 64976L208 1,790 83,227 SH   DFND 1 83,227 0 0
NXP SEMICONDUCTORS N V COM N6596X109 46,076 393,814 SH   DFND 1 393,814 0 0
OVERSTOCK COM INC DEL COM 690370101 544 15,000 SH   DFND 1 15,000 0 0
PANDORA MEDIA INC COM 698354107 377 75,000 SH   DFND 1 75,000 0 0
PEABODY ENERGY CORP NEW COM 704551100 2,555 70,000 SH   DFND 1 70,000 0 0
PORTOLA PHARMACEUTICALS INC COM 737010108 490 15,000 SH   DFND 1 15,000 0 0
QUALITY CARE PPTYS INC COM 747545101 9,715 500,000 SH   DFND 1 500,000 0 0
REGENERON PHARMACEUTICALS COM 75886F107 1,966 5,709 SH   DFND 2 5,709 0 0
ROCKWELL COLLINS INC COM 774341101 27,043 200,541 SH   DFND 1 200,541 0 0
SELECT SECTOR SPDR TR SBI INT-UTILS 81369Y886 79,117 1,565,746 SH   DFND 2 1,565,746 0 0
SENSIENT TECHNOLOGIES CORP COM 81725T100 1,285 18,209 SH   DFND 2 18,209 0 0
SINA CORP ORD G81477104 5,777 55,400 SH   DFND 1 55,400 0 0
SOHU COM INC COM 83408W103 2,860 92,500 SH   DFND 1 92,500 0 0
SONIC AUTOMOTIVE INC CL A 83545G102 1,267 66,845 SH   DFND 2 66,845 0 0
STAR BULK CARRIERS CORP SHS PAR Y8162K204 9,142 786,038 SH   DFND 1 786,038 0 0
TEGNA INC COM 87901J105 1,160 101,879 SH   DFND 2 101,879 0 0
TIFFANY & CO NEW COM 886547108 4,883 50,000 SH   DFND 1 50,000 0 0
TIME WARNER INC COM NEW 887317303 36,712 388,163 SH   DFND 1 388,163 0 0
TTEC HLDGS INC COM 89854H102 692 22,527 SH   DFND 2 22,527 0 0
TWENTY FIRST CENTY FOX INC CL A 90130A101 1,823 49,692 SH   DFND 2 49,692 0 0
TWENTY FIRST CENTY FOX INC CL B 90130A200 1,824 50,141 SH   DFND 2 50,141 0 0
VERIZON COMMUNICATIONS INC COM 92343V104 1,833 38,325 SH   DFND 2 38,325 0 0
VIACOM INC NEW CL B 92553P201 1,705 54,880 SH   DFND 2 54,880 0 0
VMWARE INC CL A COM 928563402 5,215 43,000 SH   DFND 1 43,000 0 0