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
ADVISORSHARES TR PURE US CANNABIS 00768Y453 17,373 832,834 SH   DFND 1 832,834 0 0
ALLSTATE CORP COM 020002101 75,738 546,803 SH   DFND 1 546,803 0 0
ALPHABET INC CAP STK CL A 02079K305 80,103 28,800 SH   DFND 1 28,800 0 0
AMERICAN EXPRESS CO COM 025816109 59,971 320,700 SH   DFND 1 320,700 0 0
BOOKING HOLDINGS INC COM 09857L108 14,560 6,200 SH   DFND 1 6,200 0 0
BRUNSWICK CORP COM 117043109 56,412 697,396 SH   DFND 1 697,396 0 0
CHANGE HEALTHCARE INC COM 15912K100 38,808 1,780,184 SH   DFND 1 1,780,184 0 0
CHENIERE ENERGY INC COM NEW 16411R208 94,754 683,401 SH   DFND 1 683,401 0 0
COMERICA INC COM 200340107 49,904 551,853 SH   DFND 1 551,853 0 0
HARTFORD FINL SVCS GROUP INC COM 416515104 45,154 628,800 SH   DFND 1 628,800 0 0
HUMANA INC COM 444859102 75,287 173,006 SH   DFND 1 173,006 0 0
INTERNATIONAL GAME TECHNOLOG SHS USD G4863A108 54,149 2,194,034 SH   DFND 1 2,194,034 0 0
ISHARES TR RUSSELL 2000 ETF 464287655 108,793 530,000 SH Put DFND 1 530,000 0 0
ISHARES TR IBOXX HI YD ETF 464288513 272,413 3,310,400 SH Put DFND 1 3,310,400 0 0
REGAL REXNORD CORPORATION COM 758750103 29,622 199,100 SH   DFND 1 199,100 0 0
SERVICE PPTYS TR COM SH BEN INT 81761L102 26,579 3,010,064 SH   DFND 1 3,010,064 0 0
T-MOBILE US INC COM 872590104 103,642 807,492 SH   DFND 1 807,492 0 0
TELEDYNE TECHNOLOGIES INC COM 879360105 61,361 129,829 SH   DFND 1 129,829 0 0