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 FIGI (to the nearest dollar) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
ACTIVISION BLIZZARD INC COM 00507V109   5,032,710 59,700 SH   DFND 01,02 59,700 0 0
ALIBABA GROUP HOLDING LTD SPONSORED ADS 01609W102   24,404,880 292,800 SH   DFND 01,02 292,800 0 0
ALPHABET INC CAP STK CL A 02079K305   40,054,014 334,620 SH   DFND 01,02 334,620 0 0
ARCO PLATFORM LTD COM CL A G04553106   763,556 63,156 SH   DFND 01,02 63,156 0 0
ATS CORPORATION COM 00217Y104   1,840,922 40,000 SH   DFND 01,02 40,000 0 0
AUTOHOME INC SP ADS RP CL A 05278C107   2,710,020 93,000 SH   DFND 01,02 93,000 0 0
BANK OF NOVA SCOTIA COM 064149107   14,471,296 289,100 SH   DFND 01,02 289,100 0 0
BERKSHIRE HATHAWAY INC CL A 084670108   518,600 1 SH   DFND 01,02 1 0 0
BLACKBERRY LIMITED COM 09228F103   258,387,591 46,724,700 SH   DFND 01,02 46,724,700 0 0
BLACKBERRY LIMITED DBCV 1.750% 11/1 09228FAK9   350,946,752 330,000,000 PRN   DFND 01,02 330,000,000 0 0
BROOKFIELD CORP CL A LTD VT SH 11271J107   1,682,500 50,000 SH   DFND 01,02 50,000 0 0
BRP INC COM SUN VTG 05577W200   1,788,122 21,200 SH   DFND 01,02 21,200 0 0
CANADIAN PACIFIC KANSAS CITY COM 13646K108   1,210,202 15,000 SH   DFND 01,02 15,000 0 0
COLLIERS INTL GROUP INC SUB VTG SHS 194693107   2,444,360 25,000 SH   DFND 01,02 25,000 0 0
CONSOLIDATED COMM HLDGS INC COM 209034107   301,996 78,850 SH   DFND 01,02 78,850 0 0
CREDO TECHNOLOGY GROUP HOLDING ORDINARY SHARES G25457105   1,518,394 87,566 SH   DFND 01,02 87,566 0 0
CRESCENT CAP BDC INC COM 225655109   31,641,594 2,092,698 SH   DFND 01,02 2,092,698 0 0
CVS HEALTH CORP COM 126650100   1,036,950 15,000 SH   DFND 01,02 15,000 0 0
DARLING INGREDIENTS INC COM 237266101   1,033,074 16,200 SH   DFND 01,02 16,200 0 0
DELEK US HLDGS INC COM 24665A103   765,760 32,000 SH   DFND 01,02 32,000 0 0
DENNYS CORP COM 24869P104   1,538,750 125,000 SH   DFND 01,02 125,000 0 0
DICE THERAPEUTICS INC COM 23345J104   6,038,500 130,000 SH   DFND 01,02 130,000 0 0
DINE BRANDS GLOBAL INC COM 254423106   1,159,400 20,000 SH   DFND 01,02 20,000 0 0
EPAM SYSTEMS INC COM 29414B104   1,560,692 6,950 SH   DFND 01,02 6,950 0 0
FIRST HORIZON CORPORATION COM 320517105   1,568,518 139,300 SH   DFND 01,02 139,300 0 0
FRANKLIN RESOURCES INC COM 354613101   26,700,000 1,000,000 SH   DFND 01,02 1,000,000 0 0
GARRETT MOTION INC COM 366505105   2,163,203 285,760 SH   DFND 01,02 285,760 0 0
GENERAL ELECTRIC CO COM 369604301   10,859,991 98,862 SH   DFND 01,02 98,862 0 0
GENERAL MTRS CO COM 37045V100   14,493,451 375,965 SH   DFND 01,02 375,965 0 0
GENTEX CORP COM 371901109   2,487,100 85,000 SH   DFND 01,02 85,000 0 0
HELMERICH & PAYNE INC COM 423452101   19,678,472 555,105 SH   DFND 01,02 555,105 0 0
IMAX CORP COM 45245E109   2,122,500 125,000 SH   DFND 01,02 125,000 0 0
INDEPENDENCE CONTRACT DRILLING COM 453415606   1,065,503 390,294 SH   DFND 01,02 390,294 0 0
INTEL CORP COM 458140100   25,133,500 752,500 SH   DFND 01,02 752,500 0 0
JACOBS SOLUTIONS INC COM 46982L108   1,307,020 11,000 SH   DFND 01,02 11,000 0 0
JOHNSON & JOHNSON COM 478160104   12,141,094 73,400 SH   DFND 01,02 73,400 0 0
KENNEDY-WILSON HOLDINGS INC COM 489398107   217,281,967 13,322,009 SH   DFND 01,02 13,322,009 0 0
KKR & CO INC COM 48251W104   2,240,000 40,000 SH   DFND 01,02 40,000 0 0
LIBERTY BROADBAND CORP COM SER C 530307305   511,102 6,380 SH   DFND 01,02 6,380 0 0
LIBERTY TRIPADVISOR HLDGS INC COM SER A 531465102   1,056,165 1,650,000 SH   DFND 01,02 1,650,000 0 0
MAGNACHIP SEMICONDUCTOR CORP COM 55933J203   1,393,750 125,000 SH   DFND 01,02 125,000 0 0
MERCK & CO INC COM 58933Y105   19,940,557 172,900 SH   DFND 01,02 172,900 0 0
META PLATFORMS INC CL A 30303M102   6,195,960 21,600 SH   DFND 01,02 21,600 0 0
MGM RESORTS INTERNATIONAL COM 552953101   1,295,050 29,500 SH   DFND 01,02 29,500 0 0
MICRON TECHNOLOGY INC COM 595112103   245,169,819 3,886,649 SH   DFND 01,02 3,886,649 0 0
MIDDLEBY CORP COM 596278101   2,143,245 14,500 SH   DFND 01,02 14,500 0 0
OCCIDENTAL PETE CORP COM 674599105   353,940,374 6,020,418 SH   DFND 01,02 6,020,418 0 0
ORLA MINING LTD COM 68634K106   82,932,319 19,916,550 SH   DFND 01,02 19,916,550 0 0
OSISKO GOLD ROYALTIES LTD COM 68827L101   2,449,726 160,000 SH   DFND 01,02 160,000 0 0
PFIZER INC COM 717081103   16,901,203 460,900 SH   DFND 01,02 460,900 0 0
PNM RES INC COM 69349H107   766,700 17,000 SH   DFND 01,02 17,000 0 0
RESTAURANT BRANDS INTL INC COM 76131D103   3,370,531 43,500 SH   DFND 01,02 43,500 0 0
SPDR SER TR BLOOMBERG 1-3 MO 78468R663   918,200 10,000 SH   DFND 01,02 10,000 0 0
TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS 874039100   9,453,393 93,700 SH   DFND 01,02 93,700 0 0
TEGNA INC COM 87901J105   519,360 32,000 SH   DFND 01,02 32,000 0 0
TELESAT CORP CL A & CL B SHS 879512309   717,355 76,000 SH   DFND 01,02 76,000 0 0
TFI INTL INC COM 87241L109   2,686,646 23,600 SH   DFND 01,02 23,600 0 0
UNDER ARMOUR INC CL C 904311206   1,536,590 229,000 SH   DFND 01,02 229,000 0 0
U S SILICA HLDGS INC COM 90346E103   1,575,600 130,000 SH   DFND 01,02 130,000 0 0
VANGUARD INDEX FDS S&P 500 ETF SHS 922908363   34,203,960 84,000 SH   DFND 01,02 84,000 0 0
XERIS BIOPHARMA HOLDINGS INC COM 98422E103   395,141 151,395 SH   DFND 01,02 151,395 0 0