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
ACTIVISION BLIZZARD INC COM 00507V109 13,404 294,400 SH   DFND 1,2,3 294,400 0 0
ACTIVISION BLIZZARD INC COM 00507V109 137 3,000 SH   DFND 2,3 3,000 0 0
ALEXION PHARMACEUTICALS INC COM 015351109 2,555 18,898 SH   DFND 1,2,3 18,898 0 0
ALPHABET INC CAP STK CL A 02079K305 20,459 17,384 SH   DFND 1,2,3 17,384 0 0
ALPHABET INC CAP STK CL A 02079K305 310 263 SH   DFND 2,3 263 0 0
AMAZON COM INC COM 023135106 2,137 1,200 SH   DFND 1,2,3 1,200 0 0
AMAZON COM INC COM 023135106 712 400 SH   DFND 2,3 400 0 0
AVON PRODS INC COM 054303102 12,824 4,361,967 SH   DFND 1,2,3 4,361,967 0 0
BANCO MACRO SA SPON ADR B 05961W105 93,033 2,033,074 SH   DFND 1,2,3 2,033,074 0 0
BANCO MACRO SA SPON ADR B 05961W105 540 11,800 SH   DFND 2,3 11,800 0 0
BANK AMER CORP COM 060505104 621 22,500 SH   DFND 2,3 22,500 0 0
BARRICK GOLD CORPORATION COM 067901108 104,592 7,627,704 SH   DFND 1,2,3 7,627,704 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 452 2,250 SH   DFND 2,3 2,250 0 0
BMC STK HLDGS INC COM 05591B109 16,965 960,107 SH   DFND 1,2,3 960,107 0 0
BOOKING HLDGS INC COM 09857L108 2,373 1,360 SH   DFND 1,2,3 1,360 0 0
BRISTOL MYERS SQUIBB CO COM 110122108 2,028 42,500 SH   DFND 1,2,3 42,500 0 0
CADIZ INC COM NEW 127537207 8,205 847,585 SH   DFND 1,2,3 847,585 0 0
CHARTER COMMUNICATIONS INC N CL A 16119P108 0 1 SH   DFND 2,3 1 0 0
COLONY CAP INC NEW CL A COM 19626G108 41,583 7,816,348 SH   DFND 1,2,3 7,816,348 0 0
COMCAST CORP NEW CL A 20030N101 37,223 931,042 SH   DFND 1,2,3 931,042 0 0
CSX CORP COM 126408103 120 1,600 SH   DFND 2,3 1,600 0 0
D R HORTON INC COM 23331A109 515 12,450 SH   DFND 2,3 12,450 0 0
DELTA AIR LINES INC DEL COM NEW 247361702 21,581 417,830 SH   DFND 1,2,3 417,830 0 0
DHT HOLDINGS INC SHS NEW Y2065G121 332 74,378 SH   DFND 1,2,3 74,378 0 0
DISCOVER FINL SVCS COM 254709108 2,064 29,000 SH   DFND 1,2,3 29,000 0 0
DISNEY WALT CO COM DISNEY 254687106 1,017 9,161 SH   DFND 1,2,3 9,161 0 0
DISNEY WALT CO COM DISNEY 254687106 602 5,425 SH   DFND 2,3 5,425 0 0
DOLLAR TREE INC COM 256746108 2,064 19,650 SH   DFND 1,2,3 19,650 0 0
EAGLE MATERIALS INC COM 26969P108 166 1,975 SH   DFND 2,3 1,975 0 0
ENSCO PLC SHS CLASS A G3157S106 1,665 423,663 SH   DFND 1,2,3 423,663 0 0
ERICSSON ADR B SEK 10 294821608 3,729 406,179 SH   DFND 1,2,3 406,179 0 0
FOX CORP CL B COM 35137L204 8,228 229,317 SH   DFND 1,2,3 229,317 0 0
FRONTLINE LTD SHS NEW G3682E192 21,222 3,285,161 SH   DFND 1,2,3 3,285,161 0 0
GOLDCORP INC NEW COM 380956409 143 12,500 SH   DFND 2,3 12,500 0 0
GOLDMAN SACHS GROUP INC COM 38141G104 10,711 55,787 SH   DFND 1,2,3 55,787 0 0
GRUPO FINANCIERO GALICIA S A SPONSORED ADR 399909100 18,892 740,291 SH   DFND 1,2,3 740,291 0 0
GRUPO SUPERVIELLE S A SPONSORED ADR 40054A108 4,121 677,820 SH   DFND 1,2,3 677,820 0 0
JD COM INC SPON ADR CL A 47215P106 4,221 140,000 SH   DFND 1,2,3 140,000 0 0
JPMORGAN CHASE & CO COM 46625H100 1,968 19,440 SH   DFND 1,2,3 19,440 0 0
KINROSS GOLD CORP COM 496902404 24,662 7,169,205 SH   DFND 1,2,3 7,169,205 0 0
LAS VEGAS SANDS CORP COM 517834107 4,572 75,000 SH   DFND 1,2,3 75,000 0 0
LIBERTY MEDIA CORP DELAWARE COM SER A FRMLA 531229870 32,671 959,776 SH   DFND 1,2,3 959,776 0 0
LIBERTY MEDIA CORP DELAWARE COM SER C FRMLA 531229854 24,645 703,145 SH   DFND 1,2,3 703,145 0 0
MARTIN MARIETTA MATLS INC COM 573284106 3,018 15,000 SH   DFND 1,2,3 15,000 0 0
MERCADOLIBRE INC COM 58733R102 6,499 12,800 SH   DFND 1,2,3 12,800 0 0
MICROSOFT CORP COM 594918104 2,312 19,600 SH   DFND 1,2,3 19,600 0 0
MICROSOFT CORP COM 594918104 395 3,350 SH   DFND 2,3 3,350 0 0
MONDELEZ INTL INC CL A 609207105 3,494 70,000 SH   DFND 1,2,3 70,000 0 0
NOVOCURE LTD ORD SHS G6674U108 2,409 50,000 SH   DFND 1,2,3 50,000 0 0
OCH ZIFF CAP MGMT GROUP CL A SHARES 67551U204 9,849 600,165 SH   DFND 1,2,3 600,165 0 0
PAYPAL HLDGS INC COM 70450Y103 2,596 25,000 SH   DFND 1,2,3 25,000 0 0
PLUG POWER INC COM NEW 72919P202 36,250 15,104,339 SH   DFND 1,2,3 15,104,339 0 0
QORVO INC COM 74736K101 4,182 58,300 SH   DFND 1,2,3 58,300 0 0
QUALCOMM INC COM 747525103 11,153 195,561 SH   DFND 1,2,3 195,561 0 0
REGENERON PHARMACEUTICALS COM 75886F107 2,094 5,100 SH   DFND 1,2,3 5,100 0 0
ROWAN COMPANIES PLC SHS CL A G7665A101 130,296 12,075,627 SH   DFND 1,2,3 12,075,627 0 0
ROWAN COMPANIES PLC SHS CL A G7665A101 234 21,703 SH   DFND 2,3 21,703 0 0
SEADRILL LTD COM G7998G106 39,046 4,698,070 SH   DFND 1,2,3 4,698,070 0 0
SPOTIFY TECHNOLOGY S A SHS L8681T102 2,231 16,075 SH   DFND 1,2,3 16,075 0 0
SPOTIFY TECHNOLOGY S A SHS L8681T102 242 1,740 SH   DFND 2,3 1,740 0 0
SPRINT CORPORATION COM 85207U105 26,154 4,629,100 SH   DFND 1,2,3 4,629,100 0 0
STARS GROUP INC COM 85570W100 107,551 6,142,236 SH   DFND 1,2,3 6,142,236 0 0
SVB FINL GROUP COM 78486Q101 37 165 SH   DFND 2,3 165 0 0
T MOBILE US INC COM 872590104 47,919 693,478 SH   DFND 1,2,3 693,478 0 0
THE CHARLES SCHWAB CORPORATI COM 808513105 924 21,600 SH   DFND 1,2,3 21,600 0 0
TRANSOCEAN LTD REG SHS H8817H100 261 30,000 SH   DFND 2,3 30,000 0 0
VIASAT INC COM 92552V100 236,831 3,055,881 SH   DFND 1,2,3 3,055,881 0 0
VISA INC COM CL A 92826C839 5,638 36,100 SH   DFND 1,2,3 36,100 0 0
VULCAN MATLS CO COM 929160109 2,960 25,000 SH   DFND 1,2,3 25,000 0 0