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
AMERICAN AIRLS GROUP INC COM 02376R102 1,079,206 20,742,000 SH   DFND 4 20,742,000 0 0
AMERICAN AIRLS GROUP INC COM 02376R102 1,222,611 23,498,200 SH   DFND 4,8,11 23,498,200 0 0
AMERICAN AIRLS GROUP INC COM 02376R102 91,562 1,759,800 SH   DFND 4,11 1,759,800 0 0
AMERICAN EXPRESS CO COM 025816109 193,867 1,952,142 SH   DFND 4 1,952,142 0 0
AMERICAN EXPRESS CO COM 025816109 1,710,654 17,225,400 SH   DFND 4,5 17,225,400 0 0
AMERICAN EXPRESS CO COM 025816109 83,404 839,832 SH   DFND 4,7 839,832 0 0
AMERICAN EXPRESS CO COM 025816109 204,291 2,057,100 SH   DFND 4,8,11 2,057,100 0 0
AMERICAN EXPRESS CO COM 025816109 793,947 7,994,634 SH   DFND 4,10 7,994,634 0 0
AMERICAN EXPRESS CO COM 025816109 11,931,290 120,141,879 SH   DFND 4,11 120,141,879 0 0
AMERICAN EXPRESS CO COM 025816109 139,005 1,399,713 SH   DFND 4,13 1,399,713 0 0
APPLE INC COM 037833100 600,386 3,547,753 SH   DFND 4 3,547,753 0 0
APPLE INC COM 037833100 162,461 960,000 SH   DFND 1,2,4,11 960,000 0 0
APPLE INC COM 037833100 2,360,928 13,951,000 SH   DFND 4,5 13,951,000 0 0
APPLE INC COM 037833100 115,246 681,000 SH   DFND 4,6 681,000 0 0
APPLE INC COM 037833100 2,603,730 15,385,747 SH   DFND 4,8,11 15,385,747 0 0
APPLE INC COM 037833100 514,121 3,038,000 SH   DFND 4,5,9 3,038,000 0 0
APPLE INC COM 037833100 2,023,652 11,958,000 SH   DFND 4,10 11,958,000 0 0
APPLE INC COM 037833100 19,324,452 114,190,462 SH   DFND 4,11 114,190,462 0 0
APPLE INC COM 037833100 114,738 678,000 SH   DFND 4,12 678,000 0 0
APPLE INC COM 037833100 159,753 944,000 SH   DFND 4,14 944,000 0 0
BANK AMER CORP COM 060505104 181,843 6,160,000 SH   DFND 4 6,160,000 0 0
BANK AMER CORP COM 060505104 351,288 11,900,000 SH   DFND 1,2,4,11 11,900,000 0 0
BANK AMER CORP COM 060505104 4,132,800 140,000,000 SH   DFND 3,4,5 140,000,000 0 0
BANK AMER CORP COM 060505104 165,312 5,600,000 SH   DFND 4,5 5,600,000 0 0
BANK AMER CORP COM 060505104 61,992 2,100,000 SH   DFND 4,6 2,100,000 0 0
BANK AMER CORP COM 060505104 9,203,746 311,780,000 SH   DFND 4,8,11 311,780,000 0 0
BANK AMER CORP COM 060505104 16,531 560,000 SH   DFND 4,5,9 560,000 0 0
BANK AMER CORP COM 060505104 4,814,712 163,100,000 SH   DFND 4,11 163,100,000 0 0
BANK AMER CORP COM 060505104 826,560 28,000,000 SH   DFND 4,12 28,000,000 0 0
BANK AMER CORP COM 060505104 289,296 9,800,000 SH   DFND 4,14 9,800,000 0 0
BANK OF NEW YORK MELLON CORP COM 064058100 404,556 7,511,249 SH   DFND 4 7,511,249 0 0
BANK OF NEW YORK MELLON CORP COM 064058100 115,691 2,148,000 SH   DFND 1,2,4,11 2,148,000 0 0
BANK OF NEW YORK MELLON CORP COM 064058100 96,620 1,793,915 SH   DFND 2,4,11 1,793,915 0 0
BANK OF NEW YORK MELLON CORP COM 064058100 24,614 457,000 SH   DFND 4,5 457,000 0 0
BANK OF NEW YORK MELLON CORP COM 064058100 41,795 776,000 SH   DFND 4,6 776,000 0 0
BANK OF NEW YORK MELLON CORP COM 064058100 331,798 6,160,384 SH   DFND 4,8,11 6,160,384 0 0
BANK OF NEW YORK MELLON CORP COM 064058100 394,201 7,319,000 SH   DFND 4,5,9 7,319,000 0 0
BANK OF NEW YORK MELLON CORP COM 064058100 207,601 3,854,463 SH   DFND 4,10 3,854,463 0 0
BANK OF NEW YORK MELLON CORP COM 064058100 1,543,561 28,658,772 SH   DFND 4,11 28,658,772 0 0
BANK OF NEW YORK MELLON CORP COM 064058100 115,260 2,140,000 SH   DFND 4,12 2,140,000 0 0
CHARTER COMMUNICATIONS INC N CL A 16119P108 571,245 1,700,337 SH   DFND 4 1,700,337 0 0
CHARTER COMMUNICATIONS INC N CL A 16119P108 2,280,851 6,789,054 SH   DFND 4,8,11 6,789,054 0 0
COCA COLA CO COM 191216100 36,704 800,000 SH   DFND 4 800,000 0 0
COCA COLA CO COM 191216100 3,683,393 80,283,200 SH   DFND 4,5 80,283,200 0 0
COCA COLA CO COM 191216100 83,685 1,824,000 SH   DFND 4,6 1,824,000 0 0
COCA COLA CO COM 191216100 661,186 14,411,200 SH   DFND 4,8,11 14,411,200 0 0
COCA COLA CO COM 191216100 687,760 14,990,400 SH   DFND 4,10 14,990,400 0 0
COCA COLA CO COM 191216100 12,992,262 283,179,200 SH   DFND 4,11 283,179,200 0 0
COCA COLA CO COM 191216100 162,966 3,552,000 SH   DFND 4,12 3,552,000 0 0
COCA COLA CO COM 191216100 44,045 960,000 SH   DFND 4,13 960,000 0 0
COSTCO WHSL CORP NEW COM 22160K105 806,526 4,333,363 SH   DFND 4,11 4,333,363 0 0
DAVITA HEALTHCARE PARTNERS I COM 23918K108 1,448,763 20,052,088 SH   DFND 4 20,052,088 0 0
DAVITA HEALTHCARE PARTNERS I COM 23918K108 1,337,599 18,513,482 SH   DFND 4,8,11 18,513,482 0 0
DELTA AIR LINES INC DEL COM NEW 247361702 391,615 6,993,123 SH   DFND 4,8,11 6,993,123 0 0
DELTA AIR LINES INC DEL COM NEW 247361702 2,582,567 46,117,272 SH   DFND 4,11 46,117,272 0 0
GENERAL MTRS CO COM 37045V100 224,332 5,472,853 SH   DFND 4 5,472,853 0 0
GENERAL MTRS CO COM 37045V100 1,020,127 24,887,209 SH   DFND 4,8,11 24,887,209 0 0
GENERAL MTRS CO COM 37045V100 344,412 8,402,338 SH   DFND 4,10 8,402,338 0 0
GENERAL MTRS CO COM 37045V100 460,629 11,237,600 SH   DFND 4,11 11,237,600 0 0
GOLDMAN SACHS GROUP INC COM 38141G104 1,114,822 4,375,968 SH   DFND 4,8,11 4,375,968 0 0
GOLDMAN SACHS GROUP INC COM 38141G104 1,677,225 6,583,551 SH   DFND 4,11 6,583,551 0 0
GRAHAM HLDGS CO COM 384637104 26,893 48,165 SH   DFND 4,10 0 0 48,165
GRAHAM HLDGS CO COM 384637104 33,172 59,410 SH   DFND 4,11 0 0 59,410
INTERNATIONAL BUSINESS MACHS COM 459200101 314,211 2,048,045 SH   DFND 4,11 2,048,045 0 0
JOHNSON & JOHNSON COM 478160104 45,702 327,100 SH   DFND 4 327,100 0 0
KRAFT HEINZ CO COM 500754106 25,321,363 325,634,818 SH   DFND 4 325,634,818 0 0
LIBERTY MEDIA CORP DELAWARE COM A SIRIUSXM 531229409 170,860 4,308,117 SH   DFND 4 4,308,117 0 0
LIBERTY MEDIA CORP DELAWARE COM A SIRIUSXM 531229409 309,022 7,791,780 SH   DFND 4,8,11 7,791,780 0 0
LIBERTY MEDIA CORP DELAWARE COM A SIRIUSXM 531229409 37,018 933,391 SH   DFND 4,10 933,391 0 0
LIBERTY MEDIA CORP DELAWARE COM A SIRIUSXM 531229409 72,462 1,827,072 SH   DFND 4,11 1,827,072 0 0
LIBERTY MEDIA CORP DELAWARE COM C SIRIUSXM 531229607 283,689 7,153,027 SH   DFND 4 7,153,027 0 0
LIBERTY MEDIA CORP DELAWARE COM C SIRIUSXM 531229607 767,814 19,359,910 SH   DFND 4,8,11 19,359,910 0 0
LIBERTY MEDIA CORP DELAWARE COM C SIRIUSXM 531229607 20,173 508,654 SH   DFND 4,10 508,654 0 0
LIBERTY MEDIA CORP DELAWARE COM C SIRIUSXM 531229607 161,392 4,069,394 SH   DFND 4,11 4,069,394 0 0
M & T BK CORP COM 55261F104 93,361 546,000 SH   DFND 4,8,11 546,000 0 0
M & T BK CORP COM 55261F104 28,178 164,795 SH   DFND 4,10 164,795 0 0
M & T BK CORP COM 55261F104 798,736 4,671,245 SH   DFND 4,11 4,671,245 0 0
MASTERCARD INC CL A 57636Q104 746,925 4,934,756 SH   DFND 4,8,11 4,934,756 0 0
MONDELEZ INTL INC CL A 609207105 24,738 578,000 SH   DFND 4 578,000 0 0
MOSANTO CO NEW COM 61166W101 432,847 3,706,513 SH   DFND 4 3,706,513 0 0
MOSANTO CO NEW COM 61166W101 934,501 8,002,234 SH   DFND 4,11 8,002,234 0 0
MOODYS CORP COM 615369105 1,767,472 11,973,928 SH   DFND 4,8,11 11,973,928 0 0
MOODYS CORP COM 615369105 1,874,034 12,695,850 SH   DFND 4,11 12,695,850 0 0
PHILLIPS 66 COM 718546104 617,217 6,102,000 SH   DFND 4 6,102,000 0 0
PHILLIPS 66 COM 718546104 79,099 782,000 SH   DFND 1,2,4,11 782,000 0 0
PHILLIPS 66 COM 718546104 527,295 5,213,000 SH   DFND 4,5 5,213,000 0 0
PHILLIPS 66 COM 718546104 117,637 1,163,000 SH   DFND 4,10 1,163,000 0 0
PHILLIPS 66 COM 718546104 6,692,478 66,163,892 SH   DFND 4,11 66,163,892 0 0
PHILLIPS 66 COM 718546104 128,056 1,266,000 SH   DFND 4,12 1,266,000 0 0
PROCTER & GAMBLE CO COM 742718109 28,979 315,400 SH   DFND 4 315,400 0 0
RESTAURANT BRANDS INTL INC COM 76131D103 518,782 8,438,225 SH   DFND 4,11 8,438,225 0 0
SANOFI SPONSORED ADR 80105N105 16,944 394,049 SH   DFND 4,8,11 394,049 0 0
SANOFI SPONSORED ADR 80105N105 21,919 509,742 SH   DFND 4,5,9 509,742 0 0
SANOFI SPONSORED ADR 80105N105 7,280 169,300 SH   DFND 4,10 169,300 0 0
SANOFI SPONSORED ADR 80105N105 120,634 2,805,433 SH   DFND 4,11 2,805,433 0 0
SIRIUS XM HLDGS INC COM 82968B103 501,416 93,547,788 SH   DFND 4 93,547,788 0 0
SIRIUS XM HLDGS INC COM 82968B103 237,812 44,367,941 SH   DFND 4,8,11 44,367,941 0 0
SOUTHWEST AIRLS CO COM 844741108 571 8,722 SH   DFND 4,5,9 8,722 0 0
SOUTHWEST AIRLS CO COM 844741108 3,118,741 47,650,734 SH   DFND 4,11 47,650,734 0 0
STORE CAP CORP COM 862121100 484,908 18,621,674 SH   DFND 4,11 18,621,674 0 0
SYNCHRONY FINL COM 87165B103 674,246 17,463,000 SH   DFND 4 17,463,000 0 0
SYNCHRONY FINL COM 87165B103 128,957 3,340,000 SH   DFND 4,8,11 3,340,000 0 0
TEVA PHARMACEUTICAL INDS LTD SPONSORED ADR 881624209 349,438 18,440,000 SH   DFND 4 18,440,000 0 0
TEVA PHARMACEUTICAL INDS LTD SPONSORED ADR 881624209 8,257 435,721 SH   DFND 4,11 435,721 0 0
TORCHMARK CORP COM 891027104 15,828 174,489 SH   DFND 2,4,11 174,489 0 0
TORCHMARK CORP COM 891027104 91,788 1,011,888 SH   DFND 4,5 1,011,888 0 0
TORCHMARK CORP COM 891027104 130,561 1,439,325 SH   DFND 4,10 1,439,325 0 0
TORCHMARK CORP COM 891027104 338,169 3,728,025 SH   DFND 4,11 3,728,025 0 0
US BANCORP DEL COM NEW 902973304 31,627 590,275 SH   DFND 4 590,275 0 0
US BANCORP DEL COM NEW 902973304 164,491 3,070,000 SH   DFND 1,2,4,11 3,070,000 0 0
US BANCORP DEL COM NEW 902973304 1,276,881 23,831,300 SH   DFND 4,5 23,831,300 0 0
US BANCORP DEL COM NEW 902973304 62,957 1,175,000 SH   DFND 4,6 1,175,000 0 0
US BANCORP DEL COM NEW 902973304 679,357 12,679,300 SH   DFND 4,8,11 12,679,300 0 0
US BANCORP DEL COM NEW 902973304 225,293 4,204,800 SH   DFND 4,5,9 4,204,800 0 0
US BANCORP DEL COM NEW 902973304 2,130,512 39,763,202 SH   DFND 4,11 39,763,202 0 0
US BANCORP DEL COM NEW 902973304 93,497 1,745,000 SH   DFND 4,14 1,745,000 0 0
U S G CORP COM NEW 903293405 541,193 14,035,088 SH   DFND 2,4,11 14,035,088 0 0
U S G CORP COM NEW 903293405 962,725 24,966,928 SH   DFND 4,11 24,966,928 0 0
UNITED CONTL HLDGS INC COM 910047109 107,259 1,591,379 SH   DFND 4 1,591,379 0 0
UNITED CONTL HLDGS INC COM 910047109 382,079 5,668,831 SH   DFND 4,8,11 5,668,831 0 0
UNITED CONTL HLDGS INC COM 910047109 1,412,121 20,951,353 SH   DFND 4,11 20,951,353 0 0
UNITED PARCEL SERVICE INC CL B 911312106 7,078 59,400 SH   DFND 4 59,400 0 0
VERISIGN INC COM 92343E102 577,609 5,047,264 SH   DFND 4 5,047,264 0 0
VERISIGN INC COM 92343E102 904,703 7,905,481 SH   DFND 4,8,11 7,905,481 0 0
VERIZON COMMUNICATIONS INC COM 92343V104 49 928 SH   DFND 4 928 0 0
VERISK ANALYTICS INC CL A 92345Y106 150,090 1,563,434 SH   DFND 4,8,11 1,563,434 0 0
VISA INC COM CL A 92826C839 36,863 323,300 SH   DFND 4 323,300 0 0
VISA INC COM CL A 92826C839 1,167,469 10,239,160 SH   DFND 4,8,11 10,239,160 0 0
WAL MART STORES INC COM 931142103 93,418 946,000 SH   DFND 4,8,11 946,000 0 0
WAL MART STORES INC COM 931142103 44,192 447,513 SH   DFND 4,11 447,513 0 0
WELLS FARGO & CO NEW COM 949746101 109,206 1,800,000 SH   DFND 4 1,800,000 0 0
WELLS FARGO & CO NEW COM 949746101 998,022 16,450,000 SH   DFND 1,2,4,11 16,450,000 0 0
WELLS FARGO & CO NEW COM 949746101 321,763 5,303,500 SH   DFND 2,4,11 5,303,500 0 0
WELLS FARGO & CO NEW COM 949746101 413,336 6,812,857 SH   DFND 3,4,5 6,812,857 0 0
WELLS FARGO & CO NEW COM 949746101 4,541,381 74,853,819 SH   DFND 4,5 74,853,819 0 0
WELLS FARGO & CO NEW COM 949746101 49,749 820,000 SH   DFND 4,6 820,000 0 0
WELLS FARGO & CO NEW COM 949746101 103,139 1,700,000 SH   DFND 4,7 1,700,000 0 0
WELLS FARGO & CO NEW COM 949746101 2,199,603 36,255,200 SH   DFND 4,8,11 36,255,200 0 0
WELLS FARGO & CO NEW COM 949746101 623,052 10,269,523 SH   DFND 4,5,9 10,269,523 0 0
WELLS FARGO & CO NEW COM 949746101 3,383,950 55,776,330 SH   DFND 4,10 55,776,330 0 0
WELLS FARGO & CO NEW COM 949746101 14,669,601 241,793,319 SH   DFND 4,11 241,793,319 0 0
WELLS FARGO & CO NEW COM 949746101 169,148 2,788,000 SH   DFND 4,12 2,788,000 0 0
WELLS FARGO & CO NEW COM 949746101 97,662 1,609,720 SH   DFND 4,13 1,609,720 0 0
WELLS FARGO & CO NEW COM 949746101 121,340 2,000,000 SH   DFND 4,14 2,000,000 0 0
AXALTA COATING SYS LTD COM G0750C108 107,565 3,324,000 SH   DFND 4 3,324,000 0 0
AXALTA COATING SYS LTD COM G0750C108 647,200 20,000,000 SH   DFND 4,8,11 20,000,000 0 0
LIBERTY GLOBAL PLC SHS CL A G5480U104 300,303 8,379,000 SH   DFND 4 8,379,000 0 0
LIBERTY GLOBAL PLC SHS CL A G5480U104 422,980 11,801,897 SH   DFND 4,8,11 11,801,897 0 0
LIBERTY GLOBAL PLC SHS CL C G5480U120 248,621 7,346,968 SH   DFND 4,8,11 7,346,968 0 0
LIBERTY GLOBAL PLC LILAC SHS CL A G5480U138 21,957 1,089,669 SH   DFND 4 1,089,669 0 0
LIBERTY GLOBAL PLC LILAC SHS CL A G5480U138 32,747 1,625,185 SH   DFND 4,8,11 1,625,185 0 0
LIBERTY GLOBAL PLC LILAC SHS CL C G5480U153 25,539 1,284,020 SH   DFND 4,8,11 1,284,020 0 0