ATS CORP COM 00217Y104 69352987 2486400 SH DFND 01,02 2486400 0 0 BANK NOVA SCOTIA COM 064149107 24822057 359100 SH DFND 01,02 359100 0 0 BERKSHIRE HATHAWAY INC CL A 084670108 718176 1 SH DFND 01,02 1 0 0 BLACKBERRY LTD COM 09228F103 113335913 34980220 SH DFND 01,02 34980220 0 0 BRIGHTSTAR LOTTERY PLC SHS USD G4863A108 874971 68733 SH DFND 01,02 68733 0 0 CANADIAN NATIONAL RAILWAY CO COM 136375102 2532690 24800 SH DFND 01,02 24800 0 0 CAPRI HOLDINGS LTD SHS G1890L107 1377684 78100 SH DFND 01,02 78100 0 0 CLEVELAND-CLIFFS INC COM 185899101 125749864 14899273 SH DFND 01,02 14899273 0 0 COLLIERS INTL GROUP INC SUB VTG SHS 194693107 2606499 25000 SH DFND 01,02 25000 0 0 CVS HEALTH CORP COM 126650100 194775840 2712000 SH DFND 01,02 2712000 0 0 GARRETT MOTION INC COM 366505105 3351638 184460 SH DFND 01,02 184460 0 0 GENERAL MOTORS CO COM 37045V100 28009392 375965 SH DFND 01,02 375965 0 0 HELMERICH & PAYNE INC COM 423452101 42303003 1174105 SH DFND 01,02 1174105 0 0 JOHNSON & JOHNSON COM 478160104 17937492 73400 SH DFND 01,02 73400 0 0 KENNEDY-WILSON HOLDINGS INC COM 489398107 144277357 13322009 SH DFND 01,02 13322009 0 0 KRAFT HEINZ CO COM 500754106 118429136 5268200 SH DFND 01,02 5268200 0 0 LULULEMON ATHLETICA INC COM 550021109 1912125 12500 SH DFND 01,02 12500 0 0 MAGNACHIP SEMICONDUCTOR CORP COM 55933J203 348750 125000 SH DFND 01,02 125000 0 0 MERCK & CO INC COM 58933Y105 20799870 172900 SH DFND 01,02 172900 0 0 MOLSON COORS BEVERAGE CO CL B 60871R209 61941810 1438500 SH DFND 01,02 1438500 0 0 ORLA MINING LTD COM 68634K106 501579333 31817229 SH DFND 01,02 31817229 0 0 PENN ENTERTAINMENT INC COM 707569109 825147 54900 SH DFND 01,02 54900 0 0 PFIZER INC COM 717081103 27814563 990900 SH DFND 01,02 990900 0 0 PRIORITY TECH HOLDINGS INC COM 74275G107 332760 70500 SH DFND 01,02 70500 0 0 TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS 874039100 31679970 93700 SH DFND 01,02 93700 0 0 WENDYS CO COM 95058W100 22751558 3268902 SH DFND 01,02 3268902 0 0 UNDER ARMOUR INC CL A 904311107 253705145 43000872 SH DFND 01,02 43000872 0 0 UNDER ARMOUR INC CL C 904311206 126934969 21999128 SH DFND 01,02 21999128 0 0 WARNER BROS DISCOVERY INC COM SER A 934423104 1588776 57900 SH DFND 01,02 57900 0 0