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 1COLUMN 2COLUMN 3COLUMN 4COLUMN 5COLUMN 6COLUMN 7COLUMN 8
VALUESHRS ORSH/PUT/INVESTMENTOTHERVOTING AUTHORITY
NAME OF ISSUERTITLE OF CLASSCUSIP(x$1000)PRN AMTPRNCALLDISCRETIONMANAGERSOLESHAREDNONE
AETNA INC NEWCOM00817Y10845,821418,800SH DFND1418,80000
AGNICO EAGLE MINES LTDCOM00847410833,4751,320,600SH DFND11,320,60000
ALLERGAN PLCSHS ADDEDG0177J1081,952,1397,182,000SH DFND17,182,00000
ALTERA CORPCOM021441100174,6093,486,600SH DFND13,486,60000
AMERICAN INTL GROUP INCCOM NEW026874784829,75414,603,200SH DFND114,603,20000
ANGLOGOLD ASHANTI LTDSPONSORED ADR035128206204,97425,027,300SH DFND125,027,30000
BANK OF AMERICA CORPORATION* W Exp 01/16/201906050514695,34716,639,900SH DFND116,639,90000
BANK OF AMERICA CORPORATION* W Exp 10/28/20180605051532,5939,261,800SH DFND19,261,80000
CABLEVISION SYS CORPCL A NY CABLVS12686C109253,2667,800,000SH DFND17,800,00000
CAESARS ACQUISITION COCL A ADDED12768T10393,43013,159,098SH DFND113,159,09800
CAESARS ENTMT CORPCOM12768610385,15914,458,300SH DFND114,458,30000
CAMERON INTERNATIONAL CORPCOM13342B105183,9603,000,000SH DFND13,000,00000
CIT GROUP INCCOM NEW125581801276,9987,007,346SH DFND17,007,34600
COBALT INTL ENERGY INCCOM19075F106295,59841,751,100SH DFND141,751,10000
COBALT INTL ENERGY INCNOTE 2.625%12/001/201919075FAA469,88798,260,000SH DFND198,260,00000
COBALT INTL ENERGY INCNOTE 3.125% 5/15/2024 ADDED19075FAB2138,114219,229,000SH DFND1219,229,00000
COMPUTER SCIENCES CORPCOM20536310443,040701,200SH DFND1701,20000
CYBERONICS INCCOM23251P102117,5361,933,800SH DFND11,933,80000
DEX MEDIA INC NEWCOM25213A1073012,231,132SH DFND12,231,13200
ENDO INTL PLCSHSG30401106118,4691,710,000SH DFND11,710,00000
ENZYMOTEC LTDSHSM4059L10138,3564,238,275SH DFND14,238,27500
EXTENDED STAY AMER INCUNIT 99/99/9999B30224P200799,76147,661,591SH DFND147,661,59100
FELCOR LODGING TR INCCOM31430F10120,8572,950,000SH DFND12,950,00000
GRIFOLS S ASP ADR REP B NVT398438408538,96617,729,140SH DFND117,729,14000
HCA HOLDINGS INCCOM40412C101364,5134,711,900SH DFND14,711,90000
HOWARD HUGHES CORPCOM44267D10718,932165,000SH DFND1165,00000
IAMGOLD CORPCOM4509131086,2983,863,912SH DFND13,863,91200
INTERNATIONAL TOWER HILL MINCOM46050R1027,42923,058,000SH DFND123,058,00000
INTERXION HOLDING N.VSHSN4727910969,0512,549,900SH DFND12,549,90000
KAMADA LTDSHS ADDEDM6240T1092,499739,356SH DFND1739,35600
LIBERTY GLOBALSHS CL AG5480U1047,729180,000SH DFND1180,00000
MALLINCKRODT PUB LTD COSHS ADDEDG5785G107421,6336,594,193SH DFND16,594,19300
MGIC INVT CORP WISCOM552848103105,58711,402,500SH DFND111,402,50000
MGIC INVT CORP WISNOTE 2.000% 4/01/2020552848AE3214,533149,500,000SH DFND1149,500,00000
MGM RESORTS INTERNATIONALCOM552953101106,3535,764,400SH DFND15,764,40000
MYLAN N VSHS EURON59465109882,22021,913,061SH DFND121,913,06100
NOVACOPPER INCCOM66988K1024,38411,835,319SH DFND111,835,31900
NOVAGOLD RES INCCOM NEW66987E206128,57535,616,357SH DFND135,616,35700
OASIS PETE INC NEWCOM67421510871,8228,274,466SH DFND18,274,46600
OI S.A.SPN ADR PFD NEW67085140117,24525,510,800SH DFND125,510,80000
OI S.A.SPN ADR NEW6708513022,2243,271,200SH DFND13,271,20000
OUTFRONT MEDIA INCCOM69007J10689,1284,285,000SH DFND14,285,00000
PERRIGO CO PLCSHSG97822103462,1382,938,500SH DFND12,938,50000
PHARMERICA CORPCOM71714F10412,812450,000SH DFND1450,00000
POST HLDGS INCCOM737446104219,0253,706,000SH DFND13,706,00000
PRECISION CASTPARTS CORPCOM740189105229,7101,000,000SH DFND11,000,00000
RADIAN GROUP INCCOM75023610188,6415,571,400SH DFND15,571,40000
RADIAN GROUP INCNOTE 2.250% 3/01/2019750236AN1120,55279,968,000SH DFND179,968,00000
RANDGOLD RES LTDADR75234430940,179679,967SH DFND1679,96700
REALOGY HLDGS CORPCOM75605Y106265,0027,042,300SH DFND17,042,30000
SANDRIDGE ENERGY INCCOM80007P307142527,273SH DFND1527,27300
SHIRE PLCSPONSORED ADR82481R1061,396,6316,805,200SH DFND16,805,20000
SPDR GOLD TRUSTGOLD SHS78463V107986,8369,234,852SH DFND19,234,85200
STARWOOD HOTELS&RESORTS WRLDCOM85590A4011,036,75615,595,000SH DFND115,595,00000
SYNERGY PHARMACEUTICALS DELCOM NEW87163930847,7009,000,000SH DFND19,000,00000
SYNTHESIS ENERGY SYS INCCOM8716281039,78010,000,000SH DFND110,000,00000
TEVA PHARMACEUTICAL INDS LTDADR8816242091,016,28018,000,000SH DFND118,000,00000
TIM PARTICIPACOES S ASPONSORED ADR88706P20556,7006,000,000SH DFND16,000,00000
TIME WARNER CABLE INCCOM88732J2071,457,0238,123,000SH DFND18,123,00000
T-MOBILE US INCCOM ADDED872590104937,43023,547,600SH DFND123,547,60000
VALEANT PHARMACEUTICALS INTLCOM91911K1021,585,7988,890,000SH DFND18,890,00000
VANDA PHARMACEUTICALS INCCOM92165910844,5173,946,500SH DFND13,946,50000
WHITEWAVE FOODS COCOM CL A966244105104,3902,600,000SH DFND12,600,00000
WHITING PETE CORP NEWCOM966387102146,5929,600,000SH DFND19,600,00000
LYON WILLIAM HOMESCL A NEW55207470068,4473,322,666SH DFND13,322,66600