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
AMC NETWORKS INC COM 00164V103 2,163 40,000 SH Call DFND 01,02 40,000 0 0
AT&T INC COM 00206R102 3,110 80,000 SH Call DFND 01,02 80,000 0 0
ALPHABET INC CAP STK CL C 02079K107 4,186 4,000 SH   DFND 01,02 4,000 0 0
ALPHABET INC COM 02079K107 7,325 7,000 SH Put DFND 01,02 7,000 0 0
AMAZON COM INC COM 023135106 5,847 5,000 SH   DFND 01,02 5,000 0 0
AMAZON COM INC COM 023135106 11,695 10,000 SH Put DFND 01,02 10,000 0 0
AMERICAN AIRLS GROUP INC COM 02376R102 2,629 50,528 SH   DFND 01,02 50,528 0 0
ANADARKO PETE CORP COM 032511107 2,055 38,306 SH   DFND 01,02 38,306 0 0
AVIS BUDGET GROUP COM 053774105 5,602 127,661 SH   DFND 01,02 127,661 0 0
BRITISH AMERN TOB PLC SPONSORED ADR 110448107 1,305 19,482 SH   DFND 01,02 19,482 0 0
CAESARS ENTMT CORP NOTE 5.000%10/0 127686AA1 4,432 2,280,196 PRN   DFND 01,02 2,280,196 0 0
CARS COM INC COM 14575E105 577 20,000 SH Call DFND 01,02 20,000 0 0
CHENIERE ENERGY PTNRS LP HLD COM REP LLC IN 16411W108 25,174 909,139 SH   DFND 01,02 909,139 0 0
CISCO SYS INC COM 17275R102 7,371 192,464 SH   DFND 1 192,464 0 0
COMCAST CORP NEW CL A 20030N101 2,804 70,000 SH   DFND 01,02 70,000 0 0
DELL TECHNOLOGIES INC COM CL V 24703L103 15,857 195,091 SH   DFND 01,02 195,091 0 0
DELTA AIR LINES INC DEL COM NEW 247361702 6,450 115,180 SH   DFND 01,02 115,180 0 0
DIAMONDBACK ENERGY INC COM 25278X109 1,425 11,291 SH   DFND 01,02 11,291 0 0
DISNEY WALT CO COM 254687106 2,150 20,000 SH Call DFND 01,02 20,000 0 0
DISH NETWORK CORP CL A 25470M109 8,074 169,089 SH   DFND 01,02 169,089 0 0
DISH NETWORK CORP COM 25470M109 955 20,000 SH Call DFND 01,02 20,000 0 0
DYNEGY INC NEW DEL COM 26817R108 4,168 351,730 SH   DFND 01,02 351,730 0 0
ENERGEN CORP COM 29265N108 1,036 17,999 SH   DFND 01,02 17,999 0 0
EXPEDIA INC DEL COM NEW 30212P303 4,192 35,000 SH   DFND 01,02 35,000 0 0
FREEPORT-MCMORAN INC COM 35671D857 22,752 1,200,000 SH Put DFND 01,02 1,200,000 0 0
GAMING & LEISURE PPTYS INC COM 36467J108 27,973 756,030 SH   DFND 01,02 756,030 0 0
GOODYEAR TIRE & RUBR CO COM 382550101 6,462 200,000 SH   DFND 01,02 200,000 0 0
GRIFOLS S A SP ADR REP B NVT 398438408 1,568 68,406 SH   DFND 01,02 68,406 0 0
GRUPO TELEVISA SA SPON ADR REP ORD 40049J206 1,120 60,000 SH   DFND 01,02 60,000 0 0
HESS CORP COM 42809H107 1,899 40,000 SH   DFND 01,02 40,000 0 0
IAMGOLD CORP COM 450913108 1,049 180,000 SH   DFND 01,02 180,000 0 0
ISHARES TR COM 464287515 3,091 20,000 SH Call DFND 01,02 20,000 0 0
ISHARES TR COM 464287655 1,525 10,000 SH Call DFND 01,02 10,000 0 0
ISHARES TR COM 464287655 1,525 10,000 SH Put DFND 01,02 10,000 0 0
LIBERTY MEDIA CORP DEB 3.750% 2/1 530715AL5 4,830 7,000,000 PRN   DFND 01,02 7,000,000 0 0
LIBERTY INTERACTIVE CORP COM 53071M104 733 30,000 SH Put DFND 01,02 30,000 0 0
LIBERTY INTERACTIVE CORP LBT VEN COM A NE 53071M856 2,718 50,114 SH   DFND 01,02 50,114 0 0
LIBERTY MEDIA CORP DELAWARE COM C SIRIUSXM 531229607 11,968 301,771 SH   DFND 01,02 301,771 0 0
LYON WILLIAM HOMES CL A NEW 552074700 17,406 598,549 SH   DFND 01,02 598,549 0 0
MEREDITH CORP COM 589433101 4,293 65,000 SH Call DFND 01,02 65,000 0 0
NEWFIELD EXPL CO COM 651290108 841 26,667 SH   DFND 01,02 26,667 0 0
NEXTERA ENERGY INC COM 65339F101 1,999 12,800 SH   DFND 01,02 12,800 0 0
NOBLE ENERGY INC COM 655044105 1,311 45,000 SH   DFND 01,02 45,000 0 0
OMNICOM GROUP INC COM 681919106 3,642 50,000 SH Call DFND 01,02 50,000 0 0
OVASCIENCE INC COM 69014Q101 355 253,680 SH   DFND 01,02 253,680 0 0
PALO ALTO NETWORKS INC COM 697435105 2,450 16,901 SH   DFND 01,02 16,901 0 0
PARSLEY ENERGY INC CL A 701877102 2,031 69,000 SH   DFND 01,02 69,000 0 0
POWERSHARES QQQ TRUST COM 73935A104 3,115 20,000 SH Call DFND 01,02 20,000 0 0
POWERSHARES QQQ TRUST COM 73935A104 1,558 10,000 SH Put DFND 01,02 10,000 0 0
QTS RLTY TR INC COM CL A 74736A103 1,681 31,029 SH   DFND 01,02 31,029 0 0
RSP PERMIAN INC COM 74978Q105 1,298 31,900 SH   DFND 01,02 31,900 0 0
ROCKWELL COLLINS INC COM 774341101 20,343 150,000 SH   DFND 01,02 150,000 0 0
SPDR S&P 500 ETF TR COM 78462F103 2,669 10,000 SH Call DFND 01,02 10,000 0 0
SPDR S&P 500 ETF TR COM 78462F103 2,669 10,000 SH Put DFND 01,02 10,000 0 0
SPDR GOLD TRUST GOLD SHS 78463V107 7,419 60,000 SH   DFND 01,02 60,000 0 0
SALESFORCE COM INC COM 79466L302 4,089 40,000 SH   DFND 01,02 40,000 0 0
SALESFORCE COM INC COM 79466L302 2,045 20,000 SH Put DFND 01,02 20,000 0 0
SOUTHWEST AIRLS CO COM 844741108 4,366 66,700 SH   DFND 01,02 66,700 0 0
T MOBILE US INC COM 872590104 42,232 664,971 SH   DFND 01,02 664,971 0 0
TECK RESOURCES LTD COM 878742204 19,628 750,000 SH Put DFND 01,02 750,000 0 0
TIME WARNER INC COM NEW 887317303 6,860 75,000 SH   DFND 01,02 75,000 0 0
UNITED CONTL HLDGS INC COM 910047109 9,901 146,899 SH   DFND 01,02 146,899 0 0
VIACOM INC NEW COM 92553P201 1,232 40,000 SH Call DFND 01,02 40,000 0 0
VIDEOCON D2H LTD ADR 92657J101 17,253 1,814,180 SH   DFND 01,02 1,814,180 0 0
WARRIOR MET COAL INC COM 93627C101 14,137 562,089 SH   DFND 01,02 562,089 0 0
WISDOMTREE TR COM 97717W422 278 10,000 SH Call DFND 01,02 10,000 0 0
ZIONS BANCORPORATION *W EXP 05/22/202 989701107 16,663 327,816 SH   DFND 01,02 327,816 0 0
NXP SEMICONDUCTORS N V COM N6596X109 70,311 600,488 SH   DFND 01,02 600,488 0 0