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

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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
CBRE Group Inc. CL A 12504L109 98,327 1,074,376 SH   DFND 1, 2 0 0 1,074,376
Cleveland-Cliffs Inc. COM 185899101 33,179 1,030,093 SH   DFND 1, 2 0 0 1,030,093
Delta Air Lines COM 247361702 249,124 6,295,781 SH   DFND 1, 2 0 6,295,781 0
Franklin Resources Inc. COM 354613101 48,513 1,737,560 SH   DFND 1, 2 0 1,737,560 0
PG&E Corporation COM 69331C108 316,559 26,512,486 SH   DFND 1, 2 0 26,512,486 0
Kyndryl COM 50155Q100 15,463 1,178,563 SH   DFND   0 1,178,563 0