AEROPOSTALE COM 007865108 856 3057146 SH DFND 1 427159 2629987 0 AEROPOSTALE COM 007865108 364 1136800 SH Call DFND 1 149400 987400 0 ALCOA INC COM 013817101 15996 1620662 SH DFND 1 224480 1396182 0 APACHE CORP COM 037411105 28986 651817 SH DFND 1 90318 561499 0 APPLIED MATLS INC COM 038222105 6451 345522 SH DFND 1 52147 293375 0 ASCENA RETAIL GROUP INC COM 04351G101 10542 1070266 SH DFND 1 161554 908712 0 ASSURED GUARANTY LTD COM G0585R106 31133 1177926 SH DFND 1 177805 1000121 0 BANK AMER CORP COM 060505104 20401 1212194 SH DFND 1 167902 1044292 0 CALIFORNIA RES CORP COM 13057Q107 8005 3435726 SH DFND 1 475928 2959798 0 CHICAGO BRIDGE & IRON CO N V COM 167250109 15700 402675 SH DFND 1 55775 346900 0 CITIGROUP INC COM NEW 172967424 22211 429206 SH DFND 1 59450 369756 0 DENBURY RES INC COM NEW 247916208 12646 6260538 SH DFND 1 867234 5393304 0 DONNELLEY R R & SONS CO COM 257867101 34751 2360806 SH DFND 1 335067 2025739 0 FIFTH THIRD BANCORP COM 316773100 16205 806222 SH DFND 1 111711 694511 0 HELMERICH & PAYNE INC COM 423452101 15290 285528 SH DFND 1 39551 245977 0 HERTZ GLOBAL HOLDINGS INC COM 42805T105 15469 1087100 SH DFND 1 150643 936457 0 ISHARES TR RUSSELL 2000 ETF 464287655 75455 670000 SH Put DFND 1 93500 576500 0 MARATHON OIL CORP COM 565849106 4913 390234 SH DFND 1 54046 336188 0 MBIA INC COM 55262C100 38184 5892521 SH DFND 1 889460 5003061 0 MURPHY OIL CORP COM 626717102 14641 652178 SH DFND 1 90373 561805 0 NAVIENT CORP COM 63938C108 9959 869806 SH DFND 1 120443 749363 0 PATTERSON UTI ENERGY INC COM 703481101 25280 1676360 SH DFND 1 232197 1444163 0 POPULAR INC COM 733174700 13461 474992 SH DFND 1 65817 409175 0 PROGRESS SOFTWARE CORP COM 743312100 9908 412849 SH DFND 1 57189 355660 0 QEP RES INC COM 74733V100 16910 1261956 SH DFND 1 174797 1087159 0 QUAD / GRAPHICS INC COM CL A 747301109 10663 1146572 SH DFND 1 173125 973447 0 RENT A CTR INC NEW COM 76009N100 11374 759769 SH DFND 1 105267 654502 0 SCIENTIFIC GAMES CORP CL A 80874P109 5403 602350 SH DFND 1 83437 518913 0 SOUTHWESTERN ENERGY CO COM 845467109 8583 1207191 SH DFND 1 182321 1024870 0 TEREX CORP NEW COM 880779103 14546 787120 SH DFND 1 109016 678104 0 ULTRA PETROLEUM CORP COM 903914109 4515 1805961 SH DFND 1 250144 1555817 0