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 1,485 15,500 SH   SOLE   15,500 0 0
Aetna Inc COM 00817Y108 24,426 200,000 SH   SOLE   200,000 0 0
Air Prods & Chems Inc. COM 009158106 15,454 108,800 SH   SOLE   108,800 0 0
Akorn Inc. COM 009728106 14,243 500,000 SH   SOLE   500,000 0 0
Albemarle Corp COM 012653101 254 3,200 SH   SOLE   3,200 0 0
Alphabet Inc. CAP STK CL A 02079K305 111,574 158,591 SH   SOLE   158,591 0 0
Amazon.com Inc. COM 023135106 344,387 481,243 SH   SOLE   481,243 0 0
Amaya Inc. COM 02314M108 123,151 8,058,235 SH   SOLE   8,058,235 0 0
ARIAD Pharms Inc. COM 04033A100 28,082 3,800,000 SH   SOLE   3,800,000 0 0
Autonation Inc. COM 05329W102 7,554 160,800 SH   SOLE   160,800 0 0
AutoZone, Inc. COM 053332102 1,985 2,500 SH   SOLE   2,500 0 0
Baker Hughes Inc COM 057224107 19,875 440,400 SH   SOLE   440,400 0 0
Banco Macro SA SPON ADR B 05961W105 45,638 614,900 SH   DFND 1 614,900 0 0
BBVA Banco Frances SA SPON ADR 07329M100 8,439 409,083 SH   SOLE   409,083 0 0
BBVA Banco Frances SA SPON ADR 07329M100 6,045 293,000 SH   DFND 1 293,000 0 0
Berry Plastics Grp Inc. COM 08579W103 660 17,000 SH   SOLE   17,000 0 0
Boyd Gaming Corp COM 103304101 2,951 160,400 SH   SOLE   160,400 0 0
Cabot Oil & Gas Corp COM 127097103 96,319 3,742,000 SH   SOLE   3,742,000 0 0
Calpine Corp COM 131347304 90,848 6,159,194 SH   SOLE   6,159,194 0 0
Celgene Corp COM 151020104 214,619 2,176,000 SH   SOLE   2,176,000 0 0
Charter Comms Inc CL A 16119P108 169,409 740,942 SH   SOLE   740,942 0 0
Children's Place Inc. COM 168905107 4,258 53,100 SH   SOLE   53,100 0 0
Cimarex Energy Co. COM 171798101 33,004 276,600 SH   SOLE   276,600 0 0
Clovis Oncology Inc. COM 189464100 30,575 2,228,524 SH   SOLE   2,228,524 0 0
Comcast Corp CL A 20030N101 87,450 1,341,469 SH   SOLE   1,341,469 0 0
CONSOL Energy Inc. COM 20854P109 10,056 625,000 SH   SOLE   625,000 0 0
Constellation Brands Inc. CL A 21036P108 173,918 1,051,500 SH   SOLE   1,051,500 0 0
Constellation Brands Inc. CALL 21036P908 1,075 6,500 SH Call SOLE   6,500 0 0
DSW Inc. CL A 23334L102 2,093 98,800 SH   SOLE   98,800 0 0
Delta Airlines Inc. COM 247361702 7,217 198,100 SH   SOLE   198,100 0 0
Devon Energy Corp COM 25179M103 13,184 363,700 SH   SOLE   363,700 0 0
Dick's Sporting Good, Inc. COM 253393102 3,519 78,100 SH   SOLE   78,100 0 0
Dillard's Inc. CL A 254067101 2,169 35,800 SH   SOLE   35,800 0 0
Domino's Pizza Inc. COM 25754A201 5,242 39,900 SH   SOLE   39,900 0 0
Dover Corp COM 260003108 915 13,200 SH   SOLE   13,200 0 0
Dynegy Inc. COM 26817R108 61,282 3,554,629 SH   SOLE   3,554,629 0 0
EOG Res's Inc. COM 26875P101 16,017 192,000 SH   SOLE   192,000 0 0
Encana Corp COM 292505104 62,233 7,988,800 SH   SOLE   7,988,800 0 0
Energen Corp COM 29265N108 77,131 1,599,900 SH   SOLE   1,599,900 0 0
FMC Corp COM 302491303 667 14,400 SH   SOLE   14,400 0 0
FXCM Inc. NOTE 2.250% 6/1 302693AB2 320 1,000,000 SH   SOLE   1,000,000 0 0
Fibrogen Inc. COM 31572Q808 5,744 350,000 SH   SOLE   350,000 0 0
First Data Corp CL A 32008D106 20,009 1,807,500 SH   SOLE   1,807,500 0 0
Forum Energy Tech Inc. COM 34984V100 4,108 237,300 SH   SOLE   237,300 0 0
GNC Holdings Inc. CL A 36191G107 2,786 114,700 SH   SOLE   114,700 0 0
GNC Holdings Inc. CALL 36191G907 1,215 50,000 SH Call SOLE   50,000 0 0
Gap Inc. COM 364760108 3,096 145,900 SH   SOLE   145,900 0 0
Gap Inc. CALL 364760908 1,061 50,000 SH Call SOLE   50,000 0 0
Grupo Financiero Galicia SA SP ADR 10 SH B 399909100 8,783 287,600 SH   SOLE   287,600 0 0
Grupo Financiero Galicia SA SP ADR 10 SH B 399909100 38,764 1,269,300 SH   DFND 1 1,269,300 0 0
Grupo Supervielle SA SPON ADR 40054A108 38,370 3,000,000 SH   DFND 1 3,000,000 0 0
Halliburton Co COM 406216101 41,943 926,100 SH   SOLE   926,100 0 0
Ishares Russell 2000 ETF PUT 464287955 1,725 15,000 SH Put SOLE   15,000 0 0
JPMorgan Alerian MLP Index ETN ALERIAN ML ETN 46625H365 1,467 46,100 SH   SOLE   46,100 0 0
Kohl's Corp COM 500255104 5,275 139,100 SH   SOLE   139,100 0 0
Lowe's Co, Inc. COM 548661107 7,529 95,100 SH   SOLE   95,100 0 0
MGM Growth Pptys LLC CL A 55303A105 2,298 86,120 SH   SOLE   86,120 0 0
Macy's Inc. COM 55616P104 3,542 105,385 SH   SOLE   105,385 0 0
Macy's Inc. CALL 55616P904 4,369 130,000 SH Call SOLE   130,000 0 0
McDonald's Corp COM 580135101 3,406 28,300 SH   SOLE   28,300 0 0
Microsoft Corp COM 594918104 222,429 4,346,860 SH   SOLE   4,346,860 0 0
Molson Coors Brew Co CL B 60871R209 1,078 10,658 SH   SOLE   10,658 0 0
Monsanto Co COM 61166W101 170,006 1,644,000 SH   SOLE   1,644,000 0 0
Monsanto Co CALL 61166W901 100,204 969,000 SH Call SOLE   969,000 0 0
Monster Beverage Corp COM 61174X109 3,375 21,000 SH   SOLE   21,000 0 0
Nektar Therapeutics COM 640268108 2,846 200,000 SH   SOLE   200,000 0 0
Norfolk Southern Corp COM 655844108 45,698 536,800 SH   SOLE   536,800 0 0
Nortel Networks Corp. NOTE 2.125% 4/1 656568AE2 8,738 10,000,000 PRN   SOLE   10,000,000 0 0
OI SA SPON ADR 670851500 12,077 3,934,006 SH   SOLE   3,934,006 0 0
Office Depot, Inc. COM 676220106 1,810 546,800 SH   SOLE   546,800 0 0
Oncobiologics Inc. COM 68235M105 680 200,000 SH   SOLE   200,000 0 0
Oncobiologics Inc. *W EXP 02/18/201 68235M113 46 100,000 SH   SOLE   100,000 0 0
Oncobiologics Inc. *W EXP 05/18/201 68235M121 45 100,000 SH   SOLE   100,000 0 0
Pacira Pharms Inc. COM 695127100 20,238 600,000 SH   SOLE   600,000 0 0
Pampa Energia SA SPONS ADR LVL I 697660207 64,003 2,341,006 SH   SOLE   2,341,006 0 0
Pampa Energia SA SPONS ADR LVL I 697660207 57,028 2,085,897 SH   DFND 1 2,085,897 0 0
Parker Hannifin Corp COM 701094104 4,030 37,300 SH   SOLE   37,300 0 0
Petrobras Argentina S.A. SPON ADR 71646J109 3,933 626,231 SH   DFND 1 626,231 0 0
Pioneer Natural Res's Co COM 723787107 23,392 154,700 SH   SOLE   154,700 0 0
Range Res's Corp COM 75281A109 52,566 1,218,500 SH   SOLE   1,218,500 0 0
Revance Therapeutics Inc. COM 761330109 3,400 250,000 SH   SOLE   250,000 0 0
Royal Bk Of Scotland Grp NOTE 8.000%12/3 780099CK1 30,228 32,400,000 PRN   SOLE   32,400,000 0 0
SPDR S&P500 ETF Tst PUT 78462F953 183,312 875,100 SH Put SOLE   875,100 0 0
SPDR Gold Shares CALL 78463V907 12,647 100,000 SH Call SOLE   100,000 0 0
Salesforce.com Inc. COM 79466L302 302 3,800 SH   SOLE   3,800 0 0
Sarepta Therapeutics Inc. COM 803607100 2,861 150,000 SH   SOLE   150,000 0 0
Seattle Genetics, Inc. COM 812578102 12,123 300,000 SH   SOLE   300,000 0 0
Silver Run Acquisition Corp UNIT 99/99/9999T 82811P200 9,132 915,000 SH   SOLE   915,000 0 0
Southwest Airlines Co. COM 844741108 7,195 183,500 SH   SOLE   183,500 0 0
Southwestern Energy Co COM 845467109 96,448 7,666,753 SH   SOLE   7,666,753 0 0
Spectrum Brands Hldgs Inc COM 84763R101 11,931 100,000 SH   SOLE   100,000 0 0
Starbucks Corp COM 855244109 2,142 37,500 SH   SOLE   37,500 0 0
TJX Co's Inc. COM 872540109 4,178 54,100 SH   SOLE   54,100 0 0
Targa Res's Corp. COM 87612G101 198 4,700 SH   SOLE   4,700 0 0
Telecom Argentina SA SPON ADR REP B 879273209 495 27,000 SH   DFND 1 27,000 0 0
Tesaro Inc. COM 881569107 6,304 75,000 SH   SOLE   75,000 0 0
Teva Pharm Ind's Ltd. ADR 881624209 751,022 14,951,660 SH   SOLE   14,951,660 0 0
Transportadora de Gas del Sur SA SPON ADR B 893870204 11,983 1,775,228 SH   DFND 1 1,775,228 0 0
Under Armour Inc. CL A 904311107 2,701 67,300 SH   SOLE   67,300 0 0
Union Pacific Corp COM 907818108 115,187 1,320,200 SH   SOLE   1,320,200 0 0
VanEck Vectors ETF GOLD MINERS ETF 92189F106 116,387 4,201,700 SH   SOLE   4,201,700 0 0
Williams Co's Inc. COM 969457100 34,221 1,582,121 SH   SOLE   1,582,121 0 0
YPF S.A. SPON ADR CL D 984245100 23,274 1,212,179 SH   SOLE   1,212,179 0 0
YPF S.A. SPON ADR CL D 984245100 15,210 792,163 SH   DFND 1 792,163 0 0
Allergan Plc SHS G0177J108 163,486 707,456 SH   SOLE   707,456 0 0
Eaton Corp SHS G29183103 3,010 50,400 SH   SOLE   50,400 0 0
Endo Int'l Plc SHS G30401106 56,759 3,640,700 SH   SOLE   3,640,700 0 0
Tyco Int'l Plc SHS G91442106 14,003 328,700 SH   SOLE   328,700 0 0
Perrigo Co SHS G97822103 8,840 97,500 SH   SOLE   97,500 0 0
Adecoagro S.A. COM L00849106 1,866 170,100 SH   SOLE   170,100 0 0
Adecoagro S.A. COM L00849106 14,864 1,355,000 SH   DFND 1 1,355,000 0 0
Intelsat SA COM L5140P101 5,759 2,232,100 SH   SOLE   2,232,100 0 0
Broadcom Ltd. SHS Y09827109 222,509 1,431,850 SH   SOLE   1,431,850 0 0