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
ALPHABET INC CAP STK CL C 02079K107 143,409 157,813 SH   OTR 1 157,813 0 0
CONDUENT INC COM 206787103 5,219 327,400 SH   OTR 1 327,400 0 0
DOLLAR TREE INC COM 256746108 69,920 1,000,000 SH   OTR 1 1,000,000 0 0
DOW CHEM CO COM 260543103 31,535 500,000 SH   OTR 1 500,000 0 0
DU PONT E I DE NEMOURS & CO COM 263534109 396,315 4,910,364 SH   OTR 1 4,910,364 0 0
ENERGEN CORP COM 29265N108 181,138 3,668,996 SH   OTR 1 3,668,996 0 0
ENERGEN CORP COM 29265N108 49,370 1,000,000 SH Call OTR 1 1,000,000 0 0
FEDEX CORP COM 31428X106 659,157 3,032,977 SH   OTR 1 3,032,977 0 0
FIDELITY NATIONAL FINANCIAL FNFV GROUP COM 31620R402 69,527 4,400,457 SH   OTR 1 4,400,457 0 0
FIRSTENERGY CORP COM 337932107 29,160 1,000,000 SH   OTR 1 1,000,000 0 0
FRANKLIN RES INC COM 354613101 983,177 21,950,818 SH   OTR 1 21,950,818 0 0
ALPHABET INC CAP STK CL A 02079K305 220,374 237,043 SH   OTR 1 237,043 0 0
GOLDMAN SACHS GROUP INC COM 38141G104 112,656 507,688 SH   OTR 1 507,688 0 0
GRUPO TELEVISA SA SPON ADR REP ORD 40049J206 362,571 14,877,758 SH   OTR 1 14,877,758 0 0
HCA HEALTHCARE INC COM 40412C101 206,964 2,373,443 SH   OTR 1 2,373,443 0 0
HD SUPPLY HLDGS INC COM 40416M105 290,411 9,481,273 SH   OTR 1 9,481,273 0 0
HERC HLDGS INC COM 42704L104 51,199 1,302,104 SH   OTR 1 1,302,104 0 0
HILTON GRAND VACATIONS INC COM 43283X105 88,235 2,446,893 SH   OTR 1 2,446,893 0 0
HILTON WORLDWIDE HLDGS INC COM 43300A203 574,596 9,290,148 SH   OTR 1 9,290,148 0 0
HYATT HOTELS CORP COM CL A 448579102 81,252 1,445,500 SH   OTR 1 1,445,500 0 0
INTERCEPT PHARMACEUTICALS IN COM 45845P108 47,124 389,232 SH   OTR 1 389,232 0 0
INTERCEPT PHARMACEUTICALS IN NOTE 3.250% 7/0 45845PAA6 71,392 73,035,000 PRN   OTR 1 73,035,000 0 0
AMERICAN TOWER CORP NEW COM 03027X100 328,846 2,485,236 SH   OTR 1 2,485,236 0 0
INTERCONTINENTAL EXCHANGE IN COM 45866F104 173,114 2,626,115 SH   OTR 1 2,626,115 0 0
ISHARES MSCI MEX CAP ETF 464286822 96,499 1,789,000 SH   OTR 1 1,789,000 0 0
ISHARES TR S&P 500 GRWT ETF 464287309 2,164 15,811 SH   OTR 1 15,811 0 0
ISHARES TR S&P MC 400GR ETF 464287606 27,114 137,901 SH   OTR 1 137,901 0 0
ISHARES TR RUS 2000 GRW ETF 464287648 141,767 840,000 SH   OTR 1 840,000 0 0
ISHARES TR S&P MC 400VL ETF 464287705 25,445 171,291 SH   OTR 1 171,291 0 0
MARRIOTT INTL INC NEW CL A 571903202 842,079 8,394,764 SH   OTR 1 8,394,764 0 0
MCDONALDS CORP COM 580135101 57,135 373,044 SH   OTR 1 373,044 0 0
MICHAELS COS INC COM 59408Q106 328,027 17,712,034 SH   OTR 1 17,712,034 0 0
MONSANTO CO NEW COM 61166W101 605,191 5,113,138 SH   OTR 1 5,113,138 0 0
APOLLO GLOBAL MGMT LLC CL A SHS 037612306 19,319 730,405 SH   OTR 1 730,405 0 0
NEWS CORP NEW CL A 65249B109 60,192 4,393,573 SH   OTR 1 4,393,573 0 0
NORTHERN DYNASTY MINERALS LT COM NEW 66510M204 106 76,261 SH   OTR 1 76,261 0 0
NVIDIA CORP COM 67066G104 79,508 550,000 SH   OTR 1 550,000 0 0
NVIDIA CORP COM 67066G104 14,456 100,000 SH Put OTR 1 100,000 0 0
PENNYMAC MTG INVT TR COM 70931T103 9,145 500,000 SH   OTR 1 500,000 0 0
PFIZER INC COM 717081103 96,156 2,862,626 SH   OTR 1 2,862,626 0 0
PLAINS GP HLDGS L P LTD PARTNR INT A 72651A207 113,249 4,329,082 SH   OTR 1 4,329,082 0 0
POWERSHARES QQQ TRUST UNIT SER 1 73935A104 966,921 7,025,000 SH   OTR 1 7,025,000 0 0
POWERSHARES QQQ TRUST UNIT SER 1 73935A104 523,032 3,800,000 SH Put OTR 1 3,800,000 0 0
RITE AID CORP COM 767754104 64,901 22,000,366 SH   OTR 1 22,000,366 0 0
BAKER HUGHES INC COM 057224107 330,580 6,064,569 SH   OTR 1 6,064,569 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 28,664 118,546 SH   OTR 1 118,546 0 0
SELECT SECTOR SPDR TR SBI INT-INDS 81369Y704 183,897 2,700,000 SH   OTR 1 2,700,000 0 0
SHIRE PLC SPONSORED ADR 82481R106 78,503 475,000 SH   OTR 1 475,000 0 0
SILVER RUN ACQUISITION UNIT 99/99/9999 82812A202 122,843 11,500,000 SH   OTR 1 11,500,000 0 0
SYNCHRONY FINL COM 87165B103 20,874 700,000 SH   OTR 1 700,000 0 0
TARGET CORP COM 87612E106 332,104 6,351,195 SH   OTR 1 6,351,195 0 0
TESLA INC COM 88160R101 102,493 283,434 SH   OTR 1 283,434 0 0
TESLA INC COM 88160R101 90,403 250,000 SH Put OTR 1 250,000 0 0
TEVA PHARMACEUTICAL INDS LTD SPONSORED ADR 881624209 710,108 21,375,914 SH   OTR 1 21,375,914 0 0
TIME WARNER INC COM NEW 887317303 557,433 5,551,565 SH   OTR 1 5,551,565 0 0
CENOVUS ENERGY INC COM 15135U109 159,186 21,625,000 SH   OTR 1 21,625,000 0 0
TWENTY FIRST CENTY FOX INC CL A 90130A101 220,621 7,784,800 SH   OTR 1 7,784,800 0 0
VEREIT INC COM 92339V100 134,351 16,505,000 SH   OTR 1 16,505,000 0 0
VERIZON COMMUNICATIONS INC COM 92343V104 171,360 3,837,000 SH   OTR 1 3,837,000 0 0
VODAFONE GROUP PLC NEW SPONSORED ADR 92857W308 57,340 1,995,817 SH   OTR 1 1,995,817 0 0
WALGREENS BOOTS ALLIANCE INC COM 931427108 67,156 857,564 SH   OTR 1 857,564 0 0
WILLIAMS PARTNERS L P NEW COM UNIT LTD PAR 96949L105 20,055 500,000 SH   OTR 1 500,000 0 0
ALLERGAN PLC SHS G0177J108 40,353 166,000 SH   OTR 1 166,000 0 0
COCA COLA EUROPEAN PARTNERS SHS G25839104 56,961 1,400,561 SH   OTR 1 1,400,561 0 0
ELECTRUM SPL ACQUISITION COR *W EXP 99/99/999 G3105C112 306 850,000 SH   OTR 1 850,000 0 0
INVESCO LTD SHS G491BT108 290,009 8,241,230 SH   OTR 1 8,241,230 0 0
CENOVUS ENERGY INC COM 15135U109 22,110 3,000,000 SH Call OTR 1 3,000,000 0 0
LIBERTY GLOBAL PLC SHS CL A G5480U104 128,159 3,990,000 SH   OTR 1 3,990,000 0 0
AERCAP HOLDINGS NV SHS N00985106 35,104 756,068 SH   OTR 1 756,068 0 0
COCA COLA CO COM 191216100 112,125 2,500,000 SH   OTR 1 2,500,000 0 0
COGNIZANT TECHNOLOGY SOLUTIO CL A 192446102 131,140 1,975,000 SH   OTR 1 1,975,000 0 0