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
ADOBE SYS INC COM 00724F101 64,973 631,108 SH   DFND 1,2 631,108 0 0
ADOBE SYS INC COM 00724F101 614 5,968 SH   DFND   5,968 0 0
ALPHABET INC CAP STK CL C 02079K107 104,609 135,536 SH   DFND 1,2 135,536 0 0
ALPHABET INC CAP STK CL C 02079K107 986 1,278 SH   DFND   1,278 0 0
AMAZON COM INC COM 023135106 31,914 42,559 SH   DFND 1,2 42,559 0 0
AMAZON COM INC COM 023135106 365 487 SH   DFND   487 0 0
ANADARKO PETE CORP COM 032511107 62,268 892,986 SH   DFND 1,2 892,986 0 0
ANADARKO PETE CORP COM 032511107 712 10,208 SH   DFND   10,208 0 0
APPLE INC COM 037833100 29,971 258,771 SH   DFND 1,2 258,771 0 0
APPLE INC COM 037833100 343 2,958 SH   DFND   2,958 0 0
BANK AMER CORP COM 060505104 148,979 6,741,115 SH   DFND 1,2 6,741,115 0 0
BANK AMER CORP COM 060505104 1,703 77,062 SH   DFND   77,062 0 0
BERKSHIRE HATHAWAY INC DEL CL A 084670108 488 2 SH   DFND 1,2 2 0 0
BROADCOM LTD SHS Y09827109 37,585 212,620 SH   DFND 1,2 212,620 0 0
BROADCOM LTD SHS Y09827109 430 2,431 SH   DFND   2,431 0 0
DISCOVER FINL SVCS COM 254709108 48,164 668,105 SH   DFND 1,2 668,105 0 0
DISCOVER FINL SVCS COM 254709108 455 6,318 SH   DFND   6,318 0 0
DUNKIN BRANDS GROUP INC COM 265504100 19,020 362,700 SH Call DFND 1,2 362,700 0 0
DUNKIN BRANDS GROUP INC COM 265504100 178 3,400 SH Call DFND   3,400 0 0
FACEBOOK INC CL A 30303M102 76,738 666,994 SH   DFND 1,2 666,994 0 0
FACEBOOK INC CL A 30303M102 836 7,264 SH   DFND   7,264 0 0
FOOT LOCKER INC COM 344849104 72,279 1,019,599 SH   DFND 1,2 1,019,599 0 0
FOOT LOCKER INC COM 344849104 780 11,008 SH   DFND   11,008 0 0
GOLDMAN SACHS GROUP INC COM 38141G104 63,544 265,374 SH   DFND 1,2 265,374 0 0
GOLDMAN SACHS GROUP INC COM 38141G104 601 2,510 SH   DFND   2,510 0 0
GRACE W R & CO DEL NEW COM 38388F108 18,286 270,338 SH   DFND 1,2 270,338 0 0
GRACE W R & CO DEL NEW COM 38388F108 33,840 500,300 SH Call DFND 1,2 500,300 0 0
GRACE W R & CO DEL NEW COM 38388F108 209 3,090 SH   DFND   3,090 0 0
GRACE W R & CO DEL NEW COM 38388F108 318 4,700 SH Call DFND   4,700 0 0
GRAPHIC PACKAGING HLDG CO COM 388689101 93,679 7,506,313 SH   DFND 1,2 7,506,313 0 0
GRAPHIC PACKAGING HLDG CO COM 388689101 903 72,390 SH   DFND   72,390 0 0
HILTON WORLDWIDE HLDGS INC COM 43300A104 75,719 2,783,796 SH   DFND 1,2 2,783,796 0 0
HILTON WORLDWIDE HLDGS INC COM 43300A104 866 31,823 SH   DFND   31,823 0 0
HUMANA INC COM 444859102 38,539 188,888 SH   DFND 1,2 188,888 0 0
HUMANA INC COM 444859102 441 2,159 SH   DFND   2,159 0 0
KROGER CO COM 501044101 51,463 1,491,246 SH   DFND 1,2 1,491,246 0 0
KROGER CO COM 501044101 490 14,188 SH   DFND   14,188 0 0
LIBERTY GLOBAL PLC SHS CL C G5480U120 29,752 1,001,744 SH   DFND 1,2 1,001,744 0 0
LIBERTY GLOBAL PLC SHS CL C G5480U120 340 11,452 SH   DFND   11,452 0 0
LOWES COS INC COM 548661107 74,305 1,044,780 SH   DFND 1,2 1,044,780 0 0
LOWES COS INC COM 548661107 692 9,735 SH   DFND   9,735 0 0
M & T BK CORP COM 55261F104 49,011 313,310 SH   DFND 1,2 313,310 0 0
M & T BK CORP COM 55261F104 464 2,963 SH   DFND   2,963 0 0
MICROSOFT CORP COM 594918104 37,209 598,797 SH   DFND 1,2 598,797 0 0
MICROSOFT CORP COM 594918104 425 6,845 SH   DFND   6,845 0 0
MORGAN STANLEY COM NEW 617446448 60,957 1,442,763 SH   DFND 1,2 1,442,763 0 0
MORGAN STANLEY COM NEW 617446448 576 13,644 SH   DFND   13,644 0 0
NORDSTROM INC COM 655664100 31,052 647,857 SH   DFND 1,2 647,857 0 0
NORDSTROM INC COM 655664100 338 7,056 SH   DFND   7,056 0 0
ROYAL CARIBBEAN CRUISES LTD COM V7780T103 55,443 675,805 SH   DFND 1,2 675,805 0 0
ROYAL CARIBBEAN CRUISES LTD COM V7780T103 634 7,726 SH   DFND   7,726 0 0
SCHLUMBERGER LTD COM 806857108 49,527 589,964 SH   DFND 1,2 589,964 0 0
SCHLUMBERGER LTD COM 806857108 566 6,744 SH   DFND   6,744 0 0
SEALED AIR CORP NEW COM 81211K100 124,229 2,739,942 SH   DFND 1,2 2,739,942 0 0
SEALED AIR CORP NEW COM 81211K100 1,331 29,350 SH   DFND   29,350 0 0
STEEL DYNAMICS INC COM 858119100 56,548 1,589,317 SH   DFND 1,2 1,589,317 0 0
STEEL DYNAMICS INC COM 858119100 535 15,030 SH   DFND   15,030 0 0
TWITTER INC COM 90184L102 16,300 1,000,000 SH Call DFND 1,2 1,000,000 0 0
TWITTER INC COM 90184L102 155 9,500 SH Call DFND   9,500 0 0
UNITEDHEALTH GROUP INC COM 91324P102 84,017 524,976 SH   DFND 1,2 524,976 0 0
UNITEDHEALTH GROUP INC COM 91324P102 960 6,001 SH   DFND   6,001 0 0
UNIVERSAL HLTH SVCS INC CL B 913903100 27,686 260,254 SH   DFND 1,2 260,254 0 0
UNIVERSAL HLTH SVCS INC CL B 913903100 316 2,975 SH   DFND   2,975 0 0
WALGREENS BOOTS ALLIANCE INC COM 931427108 28,294 341,884 SH   DFND 1,2 341,884 0 0
WALGREENS BOOTS ALLIANCE INC COM 931427108 308 3,723 SH   DFND   3,723 0 0
WELLS FARGO & CO NEW COM 949746101 132,586 2,405,847 SH   DFND 1,2 2,405,847 0 0
WELLS FARGO & CO NEW COM 949746101 1,516 27,504 SH   DFND   27,504 0 0