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
AERCAP HOLDINGS NV SHS N00985106 41,022 900,000 SH Put DFND 01,02 0 900,000 0
AIR LEASE CORP CL A 00912X302 24,431 550,000 SH Put DFND 01,02 0 550,000 0
AMERICAN AIRLS GROUP INC COM 02376R102 83,802 5,314,000 SH Put DFND 01,02 0 5,314,000 0
ARCONIC CORPORATION COM 03966V107 309,664 10,391,409 SH   DFND 01,02 0 10,391,409 0
AT&T INC COM 00206R102 143,800 5,000,000 SH   DFND 01,02 0 5,000,000 0
BOEING CO COM 097023105 21,406 100,000 SH Put DFND 01,02 0 100,000 0
CINEMARK HLDGS INC COM 17243V102 13,928 800,000 SH Call DFND 01,02 0 800,000 0
COMMUNITY HEALTH SYS INC NEW COM 203668108 33,435 4,500,000 SH   DFND 01,02 0 4,500,000 0
CORMEDIX INC COM 21900C308 13,065 1,758,374 SH   DFND 01,02 0 1,758,374 0
CUBIC CORP COM 229669106 93,060 1,500,000 SH   DFND 01,02 0 1,500,000 0
DELL TECHNOLOGIES INC CL C 24703L202 1,820,006 24,832,943 SH   DFND 01,02 0 24,832,943 0
DIGITAL RLTY TR INC COM 253868103 34,878 250,000 SH Put DFND 01,02 0 250,000 0
EATON VANCE FLTING RATE INC COM 278279104 14,322 1,088,307 SH   DFND 01,02 0 1,088,307 0
EATON VANCE SR FLTNG RTE TR COM 27828Q105 11,240 882,939 SH   DFND 01,02 0 882,939 0
EQUINIX INC COM 29444U700 142,836 200,000 SH Put DFND 01,02 0 200,000 0
EVERGY INC COM 30034W106 585,182 10,541,914 SH   DFND 01,02 0 10,541,914 0
F5 NETWORKS INC COM 315616102 78,733 447,500 SH   DFND 01,02 0 447,500 0
F5 NETWORKS INC COM 315616102 12,316 70,000 SH Call DFND 01,02 0 70,000 0
FACEBOOK INC CL A 30303M102 68,290 250,000 SH Put DFND 01,02 0 250,000 0
FRANCO NEV CORP COM 351858105 6,267 50,000 SH   DFND 01,02 0 50,000 0
HILTON WORLDWIDE HLDGS INC COM 43300A203 44,504 400,000 SH Put DFND 01,02 0 400,000 0
HOWMET AEROSPACE INC COM 443201108 1,186,284 41,565,658 SH   DFND 01,02 0 41,565,658 0
INVESCO QQQ TR UNIT SER 1 46090E103 690,855 2,202,000 SH Put DFND 01,02 0 2,202,000 0
INVITATION HOMES INC COM 46187W107 29,700 1,000,000 SH Put DFND 01,02 0 1,000,000 0
ISHARES TR IBOXX HI YD ETF 464288513 218,250 2,500,000 SH Call DFND 01,02 0 2,500,000 0
ISHARES TR IBOXX INV CP ETF 464287242 345,325 2,500,000 SH Call DFND 01,02 0 2,500,000 0
ISHARES TR IBOXX INV CP ETF 464287242 138,130 1,000,000 SH Put DFND 01,02 0 1,000,000 0
ISHARES TR NASDAQ BIOTECH 464287556 106,649 704,000 SH Put DFND 01,02 0 704,000 0
MARATHON PETE CORP COM 56585A102 399,951 9,670,000 SH   DFND 01,02 0 9,670,000 0
MARATHON PETE CORP COM 56585A102 186,120 4,500,000 SH Call DFND 01,02 0 4,500,000 0
MARRIOTT INTL INC NEW CL A 571903202 52,768 400,000 SH Put DFND 01,02 0 400,000 0
MERCADOLIBRE INC NOTE 2.000% 8/1 58733RAD4 15,208 4,000,000 PRN   DFND 01,02 0 4,000,000 0
NIELSEN HLDGS PLC SHS EUR G6518L108 346,442 16,600,000 SH   DFND 01,02 0 16,600,000 0
ORACLE CORP COM 68389X105 28,464 440,000 SH Put DFND 01,02 0 440,000 0
PEABODY ENGR CORP COM 704551100 69,688 28,916,201 SH   DFND 01,02 0 28,916,201 0
PINTEREST INC CL A 72352L106 11,862 180,000 SH   DFND 01,02 0 180,000 0
PRA GROUP INC NOTE 3.500% 6/0 69354NAB2 1,626 1,500,000 PRN   DFND 01,02 0 1,500,000 0
PUBLIC STORAGE COM 74460D109 132,785 575,000 SH   DFND 01,02 0 575,000 0
SELECT SECTOR SPDR TR ENERGY 81369Y506 189,500 5,000,000 SH Call DFND 01,02 0 5,000,000 0
SELECT SECTOR SPDR TR SBI CONS STPLS 81369Y308 215,840 3,200,000 SH Put DFND 01,02 0 3,200,000 0
SELECT SECTOR SPDR TR SBI INT-FINL 81369Y605 29,480 1,000,000 SH Put DFND 01,02 0 1,000,000 0
SNAP INC CL A 83304A106 70,098 1,400,000 SH   DFND 01,02 0 1,400,000 0
SPDR SER TR S&P HOMEBUILD 78464A888 57,640 1,000,000 SH Put DFND 01,02 0 1,000,000 0
SPDR SER TR S&P OILGAS EXP 78468R556 5,850 100,000 SH   DFND 01,02 0 100,000 0
SPDR SER TR S&P OILGAS EXP 78468R556 146,250 2,500,000 SH Put DFND 01,02 0 2,500,000 0
TESLA INC NOTE 1.250% 3/0 88160RAC5 48,881 5,000,000 PRN   DFND 01,02 0 5,000,000 0
TESLA INC NOTE 2.000% 5/1 88160RAG6 28,399 2,500,000 PRN   DFND 01,02 0 2,500,000 0
TESLA INC NOTE 2.375% 3/1 88160RAD3 1,020,624 95,000,000 PRN   DFND 01,02 0 95,000,000 0
TWITTER INC COM 90184L102 94,763 1,750,000 SH Call DFND 01,02 0 1,750,000 0
TWITTER INC COM 90184L102 189,525 3,500,000 SH   DFND 01,02 0 3,500,000 0
UNITI GROUP INC COM 91325V108 240,180 20,475,739 SH   DFND 01,02 0 20,475,739 0
VANGUARD INDEX FDS REAL ESTATE ETF 922908553 346,090 4,075,000 SH Put DFND 01,02 0 4,075,000 0
WAYFAIR INC NOTE 0.375% 9/0 94419LAB7 5,405 2,500,000 PRN   DFND 01,02 0 2,500,000 0
WAYFAIR INC NOTE 1.125%11/0 94419LAD3 10,179 5,000,000 PRN   DFND 01,02 0 5,000,000 0