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
ALLSCRIPTS HEALTHCARE SOLUTN COM 01988P108 736 55,874 SH   SOLE   55,874 0 0
ALLSCRIPTS HEALTHCARE SOLUTN COM 01988P108 2,234 169,622 SH   DFND 1 169,622 0 0
ANTHEM INC COM 036752103 659 5,257 SH   SOLE   5,257 0 0
ANTHEM INC COM 036752103 2,025 16,161 SH   DFND 1 16,161 0 0
CA INC COM 12673P105 1,203 36,363 SH   SOLE   36,363 0 0
CA INC COM 12673P105 3,732 112,820 SH   DFND 1 112,820 0 0
CALPINE CORP COM NEW 131347304 1,050 83,069 SH   SOLE   83,069 0 0
CALPINE CORP COM NEW 131347304 3,451 273,041 SH   DFND 1 273,041 0 0
CHIPMOS TECH BERMUDA LTD SHS G2110R114 166 8,406 SH   SOLE   8,406 0 0
CHIPMOS TECH BERMUDA LTD SHS G2110R114 914 46,164 SH   DFND 1 46,164 0 0
CIGNA CORPORATION COM 125509109 742 5,695 SH   SOLE   5,695 0 0
CIGNA CORPORATION COM 125509109 2,255 17,305 SH   DFND 1 17,305 0 0
DISH NETWORK CORP CL A 25470M109 1,782 32,535 SH   SOLE   32,535 0 0
DISH NETWORK CORP CL A 25470M109 5,527 100,895 SH   DFND 1 100,895 0 0
DYNEGY INC NEW DEL COM 26817R108 115 9,271 SH   SOLE   9,271 0 0
DYNEGY INC NEW DEL COM 26817R108 358 28,906 SH   DFND 1 28,906 0 0
ECHOSTAR CORP CL A 278768106 6,165 140,658 SH   SOLE   140,658 0 0
ECHOSTAR CORP CL A 278768106 18,786 428,602 SH   DFND 1 428,602 0 0
GENERAL MTRS CO COM 37045V100 145 4,569 SH   SOLE   4,569 0 0
GENERAL MTRS CO COM 37045V100 687 21,620 SH   DFND 1 21,620 0 0
HAEMONETICS CORP COM 405024100 997 27,521 SH   SOLE   27,521 0 0
HAEMONETICS CORP COM 405024100 2,797 77,236 SH   DFND 1 77,236 0 0
HEWLETT PACKARD ENTERPRISE C COM 42824C109 371 16,324 SH   SOLE   16,324 0 0
HEWLETT PACKARD ENTERPRISE C COM 42824C109 1,108 48,700 SH   DFND 1 48,700 0 0
HOUGHTON MIFFLIN HARCOURT CO COM 44157R109 231 17,205 SH   SOLE   17,205 0 0
HOUGHTON MIFFLIN HARCOURT CO COM 44157R109 769 57,357 SH   DFND 1 57,357 0 0
IAC INTERACTIVECORP COM 44919P508 683 10,941 SH   SOLE   10,941 0 0
IAC INTERACTIVECORP COM 44919P508 2,098 33,591 SH   DFND 1 33,591 0 0
KRATON CORPORATION COM 50077C106 1,167 33,304 SH   SOLE   33,304 0 0
KRATON CORPORATION COM 50077C106 3,884 110,837 SH   DFND 1 110,837 0 0
LORAL SPACE & COMMUNICATNS I COM 543881106 274 7,000 SH   SOLE   7,000 0 0
LORAL SPACE & COMMUNICATNS I COM 543881106 863 22,056 SH   DFND 1 22,056 0 0
MARVELL TECHNOLOGY GROUP LTD ORD G5876H105 523 39,385 SH   SOLE   39,385 0 0
MARVELL TECHNOLOGY GROUP LTD ORD G5876H105 1,760 132,615 SH   DFND 1 132,615 0 0
NETSCOUT SYS INC COM 64115T104 569 19,450 SH   SOLE   19,450 0 0
NETSCOUT SYS INC COM 64115T104 1,916 65,491 SH   DFND 1 65,491 0 0
NEWS CORP NEW CL A 65249B109 2,960 211,761 SH   SOLE   211,761 0 0
NEWS CORP NEW CL A 65249B109 6,670 477,144 SH   DFND 1 477,144 0 0
NEWS CORP NEW CL B 65249B208 1,044 73,431 SH   SOLE   73,431 0 0
NEWS CORP NEW CL B 65249B208 5,831 410,045 SH   DFND 1 410,045 0 0
NOKIA CORP SPONSORED ADR 654902204 573 99,030 SH   SOLE   99,030 0 0
NOKIA CORP SPONSORED ADR 654902204 1,880 324,759 SH   DFND 1 324,759 0 0
WESTMORELAND COAL CO COM 960878106 100 11,232 SH   SOLE   11,232 0 0
WESTMORELAND COAL CO COM 960878106 407 45,949 SH   DFND 1 45,949 0 0