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
58 COM INC SPON ADR REP A 31680Q104 74,911 1,204,946 SH   DFND 1,2 1,204,946 0 0
ADIENT PLC ORD SHS G0084W101 51,220 2,110,408 SH   DFND 1,2 2,110,408 0 0
ALLY FINL INC COM 02005N100 258,916 8,354,809 SH   DFND 1,2 8,354,809 0 0
ALPHABET INC CAP STK CL A 02079K305 278,907 257,579 SH   DFND 1,2 257,579 0 0
ALTICE USA INC CL A 02156K103 46,691 1,917,485 SH   DFND 1,2 1,917,485 0 0
ASCENDIS PHARMA A S SPONSORED ADR 04351P101 88,457 768,193 SH   DFND 1,2 768,193 0 0
BAIDU INC SPON ADR REP A 056752108 122,595 1,044,609 SH   DFND 1,2 1,044,609 0 0
BEYOND MEAT INC COM 08862E109 7,600 47,300 SH   DFND 1,2 47,300 0 0
BMC STK HLDGS INC COM 05591B109 21,663 1,021,837 SH   DFND 1,2 1,021,837 0 0
BRUNSWICK CORP COM 117043109 187,231 4,080,006 SH   DFND 1,2 4,080,006 0 0
BUILDERS FIRSTSOURCE INC COM 12008R107 20,503 1,216,100 SH   DFND 1,2 1,216,100 0 0
CAPITAL ONE FINL CORP COM 14040H105 78,581 866,000 SH   DFND 1,2 866,000 0 0
CDK GLOBAL INC COM 12508E101 126,800 2,564,717 SH   DFND 1,2 2,564,717 0 0
CIGNA CORP NEW COM 125523100 211,395 1,341,767 SH   DFND 1,2 1,341,767 0 0
CIT GROUP INC COM NEW 125581801 124,111 2,362,217 SH   DFND 1,2 2,362,217 0 0
CITIGROUP INC COM NEW 172967424 282,676 4,036,500 SH   DFND 1,2 4,036,500 0 0
COMCAST CORP NEW CL A 20030N101 243,385 5,756,498 SH   DFND 1,2 5,756,498 0 0
CUSHMAN WAKEFIELD PLC SHS G2717B108 57,891 3,237,750 SH   DFND 1,2 3,237,750 0 0
DELL TECHNOLOGIES INC CL C 24703L202 106,106 2,088,700 SH   DFND 1,2 2,088,700 0 0
DISH NETWORK CORP CL A 25470M109 4,801 125,000 SH   DFND 1,2 125,000 0 0
FACEBOOK INC CL A 30303M102 139,011 720,262 SH   DFND 1,2 720,262 0 0
FEDEX CORP COM 31428X106 63,246 385,200 SH   DFND 1,2 385,200 0 0
GOLDMAN SACHS GROUP INC COM 38141G104 184,345 901,000 SH   DFND 1,2 901,000 0 0
LITHIA MTRS INC CL A 536797103 20,213 170,169 SH   DFND 1,2 170,169 0 0
MASCO CORP COM 574599106 24,547 625,556 SH   DFND 1,2 625,556 0 0
ON SEMICONDUCTOR CORP COM 682189105 26,981 1,335,051 SH   DFND 1,2 1,335,051 0 0
PLANTRONICS INC NEW COM 727493108 31,706 855,992 SH   DFND 1,2 855,992 0 0
SOLAREDGE TECHNOLOGIES INC COM 83417M104 10,262 164,300 SH   DFND 1,2 164,300 0 0
SPDR GOLD TRUST GOLD SHS 78463V107 18,759 140,831 SH   DFND 1,2 140,831 0 0
STATE STR CORP COM 857477103 46,867 836,013 SH   DFND 1,2 836,013 0 0
TRIPLE-S MGMT CORP CL B 896749108 16,301 683,472 SH   DFND 1,2 683,472 0 0
UNITED TECHNOLOGIES CORP COM 913017109 42,047 322,938 SH   DFND 1,2 322,938 0 0
WEIBO CORP SPONSORED ADR 948596101 3,484 80,000 SH   DFND 1,2 80,000 0 0
WELLS FARGO CO NEW COM 949746101 50,839 1,074,365 SH   DFND 1,2 1,074,365 0 0
WESTROCK CO COM 96145D105 89,700 2,459,559 SH   DFND 1,2 2,459,559 0 0
WYNDHAM HOTELS & RESORTS INC COM 98311A105 58,583 1,051,000 SH   DFND 1,2 1,051,000 0 0
YANDEX N V SHS CLASS A N97284108 59,141 1,556,349 SH   DFND 1,2 1,556,349 0 0