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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 FIGI (to the nearest dollar) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
ALIBABA GROUP HOLDING ADR 01609W102   17,064,060 167,000 SH   SOLE   167,000 0 0
CLEAR CHANNEL OUTDOOR HLDGS COM 18453H106   25,511,550 21,259,625 SH   SOLE   21,259,625 0 0
EURONAV NV SHS B38564108   5,322,430 317,000 SH   SOLE   317,000 0 0
GEO GROUP INC COM 36162J106   42,630,972 5,403,165 SH   SOLE   5,403,165 0 0
SELECT SECTOR SPDR TR SBI INT-INDS 81369Y704   28,446,757 281,150 SH   SOLE   281,150 0 0
MADISON SQUARE GRDN SPRT COR CL A 55825T103   27,590,565 141,599 SH   SOLE   141,599 0 0
NEWS CORP NEW CL A 65249B109   14,310,457 828,631 SH   SOLE   828,631 0 0
SEADRILL 2021 LIMITED COM G7997W102   6,787,040 169,000 SH   SOLE   169,000 0 0
TRANSOCEAN LTD REG SHS H8817H100   5,711,280 898,000 SH   SOLE   898,000 0 0
WEATHERFORD INTERNATIONAL PL ORD SHS G48833118   39,200,912 660,504 SH   SOLE   660,504 0 0
OCCIDENTAL PETE CORP W EXP 08/03/2027 36467W109   21,256,245 518,445 SH   SOLE   518,445 0 0
FORWARD PHARMA A/S SPONSORED ADS NEW 34986J204   322,967 150,217 SH   SOLE   150,217 0 0