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
ABBOTT LABS COM 002824100 36 810 SH   SOLE NONE 810 0 0
ACTIVISION BLIZZARD INC COM 00507V109 3,585 71,900 SH   SOLE NONE 71,900 0 0
ADVANCE AUTO PARTS INC COM 00751Y106 25,886 174,600 SH   SOLE NONE 174,600 0 0
ADVANCED MICRO DEVICES INC COM 007903107 23,980 1,648,100 SH   SOLE NONE 1,648,100 0 0
AFFILIATED MANAGERS GROUP COM 008252108 34,722 211,800 SH   SOLE NONE 211,800 0 0
AIR LEASE CORP CL A 00912X302 37,291 962,350 SH   SOLE NONE 962,350 0 0
ALIBABA GROUP HLDG LTD SPONSORED ADS 01609W102 209,417 1,942,100 SH   SOLE NONE 1,942,100 0 0
ALLERGAN PLC SHS G0177J108 8,748 36,616 SH   SOLE NONE 36,616 0 0
ALPHABET INC CAP STK CL C 02079K107 178,722 215,442 SH   SOLE NONE 215,442 0 0
AMAZON COM INC COM 023135106 46,982 52,995 SH   SOLE NONE 52,995 0 0
AMERICAN ASSETS TR INC COM 024013104 981 23,450 SH   SOLE NONE 23,450 0 0
AMKOR TECHNOLOGY INC COM 031652100 1,604 138,400 SH   SOLE NONE 138,400 0 0
ANADARKO PETE CORP COM 032511107 11,126 179,450 SH   SOLE NONE 179,450 0 0
ANTHEM INC COM 036752103 134,851 815,400 SH   SOLE NONE 815,400 0 0
APPLE INC COM 037833100 208,497 1,451,325 SH   SOLE NONE 1,451,325 0 0
APPLIED MATLS INC COM 038222105 4,112 105,700 SH   SOLE NONE 105,700 0 0
AQUAVENTURE HLDGS LTD SHS G0443N107 5,640 330,400 SH   SOLE NONE 330,400 0 0
ARISTA NETWORKS INC COM 040413106 4,246 32,100 SH   SOLE NONE 32,100 0 0
AVANGRID INC COM 05351W103 4,983 116,600 SH   SOLE NONE 116,600 0 0
BANCO DE CHILE SPONSORED ADR 059520106 10,983 152,200 SH   SOLE NONE 152,200 0 0
BANK AMER CORP COM 060505104 153,897 6,523,837 SH   SOLE NONE 6,523,837 0 0
BARCLAYS PLC NOTE 8.250%12/3 06738EAA3 32,575 31,000,000 SH   SOLE NONE 31,000,000 0 0
BARRICK GOLD CORP COM 067901108 1,766 93,000 SH   SOLE NONE 93,000 0 0
BARRICK GOLD CORP OPTION 067901908 24,481 110,339 SH Call SOLE NONE 110,339 0 0
BHP BILLITON LTD SPONSORED ADR 088606108 74,407 2,048,650 SH   SOLE NONE 2,048,650 0 0
BRISTOL MYERS SQUIBB CO COM 110122108 102,647 1,887,580 SH   SOLE NONE 1,887,580 0 0
BROADCOM LTD SHS Y09827109 39,873 182,100 SH   SOLE NONE 182,100 0 0
BROOKFIELD ASSET MGMT INC CL A LTD VT SH 112585104 67,253 1,844,578 SH   SOLE NONE 1,844,578 0 0
BROOKFIELD INFRAST PARTNERS LP INT UNIT G16252101 29 750 SH   SOLE NONE 750 0 0
BROOKFIELD PPTY PARTNERS L P UNIT LTD PARTN G16249107 104,112 4,677,111 SH   SOLE NONE 4,677,111 0 0
BURLINGTON STORES INC COM 122017106 17,430 179,150 SH   SOLE NONE 179,150 0 0
CABOT OIL & GAS CORP COM 127097103 2,258 94,450 SH   SOLE NONE 94,450 0 0
CELGENE CORP COM 151020104 77,601 623,650 SH   SOLE NONE 623,650 0 0
CIMAREX ENERGY CO COM 171798101 466 3,900 SH   SOLE NONE 3,900 0 0
CISCO SYS INC COM 17275R102 100,935 2,986,250 SH   SOLE NONE 2,986,250 0 0
CITIGROUP INC COM NEW 172967424 556,741 9,306,939 SH   SOLE NONE 9,306,939 0 0
CLIPPER RLTY INC COM 18885T306 3,636 283,600 SH   SOLE NONE 283,600 0 0
COACH INC COM 189754104 9,423 228,000 SH   SOLE NONE 228,000 0 0
COCA COLA CO COM 191216100 71,405 1,682,500 SH   SOLE NONE 1,682,500 0 0
COLGATE PALMOLIVE CO COM 194162103 7,473 102,100 SH   SOLE NONE 102,100 0 0
COLONY NORTHSTAR INC CL A COM 19625W104 231,290 17,915,596 SH   SOLE NONE 17,915,596 0 0
COLONY STARWOOD HOMES COM 19625X102 2,871 84,570 SH   SOLE NONE 84,570 0 0
COMMVAULT SYSTEMS INC COM 204166102 2,286 45,000 SH   SOLE NONE 45,000 0 0
CONCHO RES INC COM 20605P101 20,937 163,140 SH   SOLE NONE 163,140 0 0
CONOCOPHILLIPS COM 20825C104 618 12,400 SH   SOLE NONE 12,400 0 0
CONTINENTAL RESOURCES INC COM 212015101 3,472 76,450 SH   SOLE NONE 76,450 0 0
COSTCO WHSL CORP NEW COM 22160K105 57,220 341,225 SH   SOLE NONE 341,225 0 0
CREDICORP LTD COM G2519Y108 58,783 359,970 SH   SOLE NONE 359,970 0 0
CROWN CASTLE INTL CORP NEW COM 22822V101 28 300 SH   SOLE NONE 300 0 0
CTRIP COM INTL LTD AMERICAN DEP SHS 22943F100 6,635 135,000 SH   SOLE NONE 135,000 0 0
CUMMINS INC COM 231021106 4,445 29,400 SH   SOLE NONE 29,400 0 0
CVS HEALTH CORP COM 126650100 41,505 528,721 SH   SOLE NONE 528,721 0 0
DELL TECHNOLOGIES INC COM CL V 24703L103 3,475 54,226 SH   SOLE NONE 54,226 0 0
DELPHI AUTOMOTIVE PLC SHS G27823106 27,781 345,150 SH   SOLE NONE 345,150 0 0
DEVON ENERGY CORP NEW COM 25179M103 62,348 1,494,450 SH   SOLE NONE 1,494,450 0 0
DIAGEO P L C SPON ADR NEW 25243Q205 38 330 SH   SOLE NONE 330 0 0
DISCOVER FINL SVCS COM 254709108 26,175 382,737 SH   SOLE NONE 382,737 0 0
DISNEY WALT CO COM DISNEY 254687106 5,953 52,500 SH   SOLE NONE 52,500 0 0
DOLLAR TREE INC COM 256746108 41,446 528,250 SH   SOLE NONE 528,250 0 0
DOMINION RES INC VA NEW COM 25746U109 31,005 399,700 SH   SOLE NONE 399,700 0 0
DOW CHEM CO COM 260543103 11,450 180,200 SH   SOLE NONE 180,200 0 0
EDISON INTL COM 281020107 19,816 248,910 SH   SOLE NONE 248,910 0 0
ELECTRONIC ARTS INC COM 285512109 2,632 29,400 SH   SOLE NONE 29,400 0 0
ENBRIDGE INC COM 29250N105 110,604 2,643,488 SH   SOLE NONE 2,643,488 0 0
ENBRIDGE INC NOTE 6.000% 1/1 29250NAN5 15,056 15,000,000 SH   SOLE NONE 15,000,000 0 0
ENCANA CORP COM 292505104 53,552 4,573,150 SH   SOLE NONE 4,573,150 0 0
ENVESTNET INC COM 29404K106 194 6,000 SH   SOLE NONE 6,000 0 0
EOG RES INC COM 26875P101 171,459 1,757,653 SH   SOLE NONE 1,757,653 0 0
FACEBOOK INC CL A 30303M102 5,867 41,300 SH   SOLE NONE 41,300 0 0
FEDERAL REALTY INVT TR SH BEN INT NEW 313747206 650 4,870 SH   SOLE NONE 4,870 0 0
FINISAR CORP COM NEW 31787A507 22,479 822,200 SH   SOLE NONE 822,200 0 0
FIRST REP BK SAN FRANCISCO C COM 33616C100 750 8,000 SH   SOLE NONE 8,000 0 0
FOREST CITY RLTY TR INC COM CL A 345605109 221,132 10,152,993 SH   SOLE NONE 10,152,993 0 0
FRANCO NEVADA CORP COM 351858105 22,588 344,809 SH   SOLE NONE 344,809 0 0
FRONTIER COMMUNICATIONS CORP COM 35906A108 52,784 24,665,588 SH   SOLE NONE 24,665,588 0 0
FRONTIER COMMUNICATIONS CORP PFD CONV SER-A 35906A207 15,507 314,800 SH   SOLE NONE 314,800 0 0
GENERAL DYNAMICS CORP COM 369550108 34,389 183,700 SH   SOLE NONE 183,700 0 0
GENERAL ELECTRIC CO COM 369604103 77,301 2,593,979 SH   SOLE NONE 2,593,979 0 0
GGP INC COM 36174X101 114,525 4,940,690 SH   SOLE NONE 4,940,690 0 0
GOLDMAN SACHS GROUP INC COM 38141G104 33,886 147,512 SH   SOLE NONE 147,512 0 0
HALLIBURTON CO COM 406216101 63,188 1,284,050 SH   SOLE NONE 1,284,050 0 0
HEWLETT PACKARD ENTERPRISE C COM 42824C109 2,728 115,100 SH   SOLE NONE 115,100 0 0
HOME DEPOT INC COM 437076102 61,676 420,050 SH   SOLE NONE 420,050 0 0
HONEYWELL INTL INC COM 438516106 51,340 411,150 SH   SOLE NONE 411,150 0 0
HSBC HLDGS PLC NOTE 6.375%12/3 404280AT6 5,088 5,000,000 SH   SOLE NONE 5,000,000 0 0
HSBC HLDGS PLC NOTE 6.875%12/3 404280BC2 10,251 9,625,000 SH   SOLE NONE 9,625,000 0 0
HUNTINGTON INGALLS INDS INC COM 446413106 2,573 12,850 SH   SOLE NONE 12,850 0 0
ICICI BK LTD ADR 45104G104 9,891 1,150,100 SH   SOLE NONE 1,150,100 0 0
ING GROEP N V DBCV 6.000%12/3 456837AE3 14,993 15,049,000 SH   SOLE NONE 15,049,000 0 0
ING GROEP N V DBCV 6.500%12/3 456837AF0 47,191 47,500,000 SH   SOLE NONE 47,500,000 0 0
INTEL CORP COM 458140100 25,105 696,000 SH   SOLE NONE 696,000 0 0
INTERNATIONAL BUSINESS MACHS COM 459200101 8,899 51,100 SH   SOLE NONE 51,100 0 0
ISHARES INC MSCI MLY ETF 46434G814 10,784 353,800 SH   SOLE NONE 353,800 0 0
ISHARES INC MSCI JPN ETF 46434G822 10,422 202,374 SH   SOLE NONE 202,374 0 0
ISHARES TR IBOXX INV CP ETF 464287242 21,318 180,800 SH   SOLE NONE 180,800 0 0
ISHARES TR 20 YR TR BD ETF 464287432 88,963 737,000 SH   SOLE NONE 737,000 0 0
ISHARES TR 7-10YR TR BD ETF 464287440 11,087 105,000 SH   SOLE NONE 105,000 0 0
ISHARES TR U.S. REAL ES ETF 464287739 104,126 1,326,621 SH   SOLE NONE 1,326,621 0 0
ISHARES TR OPTION 464287902 907 8,000 SH Call SOLE NONE 8,000 0 0
ISHARES TR JP MOR EM MK ETF 464288281 2,376 20,900 SH   SOLE NONE 20,900 0 0
ISHARES TR IBOXX HI YD ETF 464288513 7,400 84,300 SH   SOLE NONE 84,300 0 0
ISHARES TR OPTION 464288953 120 30,000 SH Put SOLE NONE 30,000 0 0
ISHARES TR MSCI INDIA ETF 46429B598 13,616 432,450 SH   SOLE NONE 432,450 0 0
JD COM INC SPON ADR CL A 47215P106 7,200 231,450 SH   SOLE NONE 231,450 0 0
JOHNSON & JOHNSON COM 478160104 35,938 288,540 SH   SOLE NONE 288,540 0 0
JPMORGAN CHASE & CO COM 46625H100 21,279 242,243 SH   SOLE NONE 242,243 0 0
KENNEDY-WILSON HLDGS INC COM 489398107 31,771 1,431,112 SH   SOLE NONE 1,431,112 0 0
KEYCORP NEW COM 493267108 160 9,000 SH   SOLE NONE 9,000 0 0
KINDER MORGAN INC DEL COM 49456B101 122,685 5,643,300 SH   SOLE NONE 5,643,300 0 0
KINDER MORGAN INC DEL *W EXP 05/25/201 49456B119 0 19,424 SH   SOLE NONE 19,424 0 0
KRAFT HEINZ CO COM 500754106 18,089 199,200 SH   SOLE NONE 199,200 0 0
LAM RESEARCH CORP COM 512807108 3,556 27,700 SH   SOLE NONE 27,700 0 0
LAUDER ESTEE COS INC CL A 518439104 34,738 409,700 SH   SOLE NONE 409,700 0 0
LLOYDS BANKING GROUP PLC SDCV 7.500%12/3 539439AG4 1,764 1,668,000 SH   SOLE NONE 1,668,000 0 0
MADISON SQUARE GARDEN CO NEW CL A 55825T103 1,372 6,870 SH   SOLE NONE 6,870 0 0
MARATHON PETE CORP COM 56585A102 1,903 37,650 SH   SOLE NONE 37,650 0 0
MASCO CORP COM 574599106 10,126 297,900 SH   SOLE NONE 297,900 0 0
MATTEL INC COM 577081102 12,971 506,476 SH   SOLE NONE 506,476 0 0
MEDTRONIC PLC SHS G5960L103 70,144 870,700 SH   SOLE NONE 870,700 0 0
MERCK & CO INC COM 58933Y105 47,389 745,821 SH   SOLE NONE 745,821 0 0
METLIFE INC COM 59156R108 158 3,000 SH   SOLE NONE 3,000 0 0
MGIC INVT CORP WIS COM 552848103 233 23,000 SH   SOLE NONE 23,000 0 0
MGP INGREDIENTS INC NEW COM 55303J106 209 3,849 SH   SOLE NONE 3,849 0 0
MICRON TECHNOLOGY INC COM 595112103 211,977 7,334,850 SH   SOLE NONE 7,334,850 0 0
MICROSOFT CORP COM 594918104 148,712 2,257,996 SH   SOLE NONE 2,257,996 0 0
MOBILEYE N V AMSTELVEEN ORD SHS N51488117 153,035 2,492,434 SH   SOLE NONE 2,492,434 0 0
MOLSON COORS BREWING CO CL B 60871R209 52,290 546,333 SH   SOLE NONE 546,333 0 0
MONDELEZ INTL INC CL A 609207105 105,453 2,447,850 SH   SOLE NONE 2,447,850 0 0
MONSANTO CO NEW COM 61166W101 3,834 33,870 SH   SOLE NONE 33,870 0 0
MORGAN STANLEY COM NEW 617446448 2,965 69,210 SH   SOLE NONE 69,210 0 0
NABORS INDUSTRIES LTD SHS G6359F103 10,693 818,150 SH   SOLE NONE 818,150 0 0
NEWELL RUBBERMAID INC COM 651229106 93,024 1,972,100 SH   SOLE NONE 1,972,100 0 0
NEWMONT MINING CORP COM 651639106 6,281 190,550 SH   SOLE NONE 190,550 0 0
NEWMONT MINING CORP OPTION 651639906 2,427 9,078 SH Call SOLE NONE 9,078 0 0
NEXTERA ENERGY INC COM 65339F101 66,867 520,890 SH   SOLE NONE 520,890 0 0
NIKE INC CL B 654106103 43,742 784,900 SH   SOLE NONE 784,900 0 0
NOBLE ENERGY INC COM 655044105 23,490 684,050 SH   SOLE NONE 684,050 0 0
NVIDIA CORP COM 67066G104 414 3,800 SH   SOLE NONE 3,800 0 0
NXP SEMICONDUCTORS N V COM N6596X109 116,825 1,128,747 SH   SOLE NONE 1,128,747 0 0
OCCIDENTAL PETE CORP DEL COM 674599105 2,284 36,050 SH   SOLE NONE 36,050 0 0
ORACLE CORP COM 68389X105 117,513 2,634,239 SH   SOLE NONE 2,634,239 0 0
PARKER HANNIFIN CORP COM 701094104 5,253 32,767 SH   SOLE NONE 32,767 0 0
PATTERN ENERGY GROUP INC CL A 70338P100 57,554 2,859,100 SH   SOLE NONE 2,859,100 0 0
PATTERSON UTI ENERGY INC COM 703481101 48,974 2,017,900 SH   SOLE NONE 2,017,900 0 0
PENTAIR PLC SHS G7S00T104 1,480 23,575 SH   SOLE NONE 23,575 0 0
PEPSICO INC COM 713448108 60,510 540,947 SH   SOLE NONE 540,947 0 0
PFIZER INC COM 717081103 80,326 2,348,021 SH   SOLE NONE 2,348,021 0 0
PIONEER NAT RES CO COM 723787107 47,994 257,714 SH   SOLE NONE 257,714 0 0
PNC FINL SVCS GROUP INC COM 693475105 35,555 295,697 SH   SOLE NONE 295,697 0 0
PROCTER & GAMBLE CO COM 742718109 99,941 1,112,307 SH   SOLE NONE 1,112,307 0 0
PTC INC COM 69370C100 56 1,075 SH   SOLE NONE 1,075 0 0
QUALCOMM INC COM 747525103 65,482 1,142,000 SH   SOLE NONE 1,142,000 0 0
QUANTENNA COMMUNICATIONS INC COM 74766D100 1,562 75,000 SH   SOLE NONE 75,000 0 0
RANDGOLD RES LTD ADR 752344309 1,938 22,200 SH   SOLE NONE 22,200 0 0
RANGE RES CORP COM 75281A109 1,708 58,700 SH   SOLE NONE 58,700 0 0
RETAIL OPPORTUNITY INVTS COR COM 76131N101 38,756 1,842,883 SH   SOLE NONE 1,842,883 0 0
ROYAL BK OF SCOTLAND PLC DEBT 7.500%12/3 780099CJ4 20,711 21,000,000 SH   SOLE NONE 21,000,000 0 0
ROYAL BK SCOTLAND GROUP PLC NOTE 8.625%12/3 780097BB6 15,638 15,000,000 SH   SOLE NONE 15,000,000 0 0
ROYAL DUTCH SHELL PLC SPONS ADR A 780259206 40,077 760,041 SH   SOLE NONE 760,041 0 0
RSP PERMIAN INC COM 74978Q105 22,202 535,900 SH   SOLE NONE 535,900 0 0
SCHLUMBERGER LTD COM 806857108 4,010 51,350 SH   SOLE NONE 51,350 0 0
SEALED AIR CORP NEW COM 81211K100 46,461 1,066,100 SH   SOLE NONE 1,066,100 0 0
SEMPRA ENERGY COM 816851109 45,345 410,360 SH   SOLE NONE 410,360 0 0
SHOPIFY INC CL A 82509L107 43,155 633,800 SH   SOLE NONE 633,800 0 0
SINA CORP ORD G81477104 9,787 135,700 SH   SOLE NONE 135,700 0 0
SIX FLAGS ENTMT CORP NEW COM 83001A102 155,273 2,610,075 SH   SOLE NONE 2,610,075 0 0
SNAP INC CL A 83304A106 2,084 92,500 SH   SOLE NONE 92,500 0 0
SPDR GOLD TRUST GOLD SHS 78463V107 3,562 30,000 SH   SOLE NONE 30,000 0 0
SPDR INDEX SHS FDS DJ GLB RL ES ETF 78463X749 3,873 82,260 SH   SOLE NONE 82,260 0 0
SPDR SERIES TRUST BLOMBRG BRC EMRG 78464A391 4,649 164,924 SH   SOLE NONE 164,924 0 0
STARWOOD PPTY TR INC NOTE 4.550% 3/0 85571BAA3 4,374 4,006,000 SH   SOLE NONE 4,006,000 0 0
STARWOOD PPTY TR INC NOTE 4.000% 1/1 85571BAB1 11,132 9,765,000 SH   SOLE NONE 9,765,000 0 0
SYMANTEC CORP COM 871503108 125,526 4,091,451 SH   SOLE NONE 4,091,451 0 0
SYNCHRONY FINL COM 87165B103 307,366 8,961,094 SH   SOLE NONE 8,961,094 0 0
TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADR 874039100 79,342 2,416,003 SH   SOLE NONE 2,416,003 0 0
TAUBMAN CTRS INC COM 876664103 49,247 745,940 SH   SOLE NONE 745,940 0 0
TERADYNE INC COM 880770102 84 2,700 SH   SOLE NONE 2,700 0 0
THERMO FISHER SCIENTIFIC INC COM 883556102 107,182 697,800 SH   SOLE NONE 697,800 0 0
TJX COS INC NEW COM 872540109 15,084 190,740 SH   SOLE NONE 190,740 0 0
TORONTO DOMINION BK ONT NOTE 3.625% 9/1 891160MJ9 946 965,000 SH   SOLE NONE 965,000 0 0
TWENTY FIRST CENTY FOX INC CL B 90130A200 48,655 1,531,002 SH   SOLE NONE 1,531,002 0 0
UNION PAC CORP COM 907818108 3,855 36,400 SH   SOLE NONE 36,400 0 0
UNITED PARCEL SERVICE INC CL B 911312106 6,256 58,300 SH   SOLE NONE 58,300 0 0
UNITEDHEALTH GROUP INC COM 91324P102 174,433 1,063,550 SH   SOLE NONE 1,063,550 0 0
VEREIT INC COM 92339V100 206,384 24,309,015 SH   SOLE NONE 24,309,015 0 0
VERIZON COMMUNICATIONS INC COM 92343V104 12,658 259,650 SH   SOLE NONE 259,650 0 0
VMWARE INC CL A COM 928563402 3,068 33,300 SH   SOLE NONE 33,300 0 0
VORNADO RLTY TR SH BEN INT 929042109 1,417 14,130 SH   SOLE NONE 14,130 0 0
WELLS FARGO & CO NEW COM 949746101 123,376 2,216,600 SH   SOLE NONE 2,216,600 0 0
WELLS FARGO & CO NEW *W EXP 10/28/201 949746119 194,438 8,762,411 SH   SOLE NONE 8,762,411 0 0
WILLIAMS COS INC DEL COM 969457100 173,767 5,872,500 SH   SOLE NONE 5,872,500 0 0
XYLEM INC COM 98419M100 3,041 60,557 SH   SOLE NONE 60,557 0 0
ZTO EXPRESS CAYMAN INC SPONSORED ADR 98980A105 7,730 590,500 SH   SOLE NONE 590,500 0 0