The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete. | |||||||||||||||||
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 13F FORM 13F INFORMATION TABLE |
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| 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 |
| AMERICAN INTL GROUP INC | COM NEW | 026874784 | 441,864 | 9,086,234 | SH | DFND | 1 | 0 | 9,086,234 | 0 | |
| BLACKROCK CORPOR HI YLD FD V | COM | 09255N102 | 213 | 17,600 | SH | DFND | 1 | 0 | 17,600 | 0 | |
| BLACKROCK MULTI-SECTOR INC T | COM | 09258A107 | 333 | 20,000 | SH | DFND | 1 | 0 | 20,000 | 0 | |
| CHESAPEAKE ENERGY CORP | COM | 165167107 | 154,457 | 5,968,200 | SH | Put | DFND | 1 | 0 | 5,968,200 | 0 |
| COMMONWEALTH REIT | COM SH BEN INT | 203233101 | 155,561 | 7,100,000 | SH | DFND | 1 | 0 | 7,100,000 | 0 | |
| DAVITA HEALTHCARE PARTNERS I | COM | 23918K108 | 14,225 | 250,000 | SH | DFND | 1 | 0 | 250,000 | 0 | |
| EATON VANCE LTD DUR INCOME F | COM | 27828H105 | 446 | 28,500 | SH | DFND | 1 | 0 | 28,500 | 0 | |
| ENERGY XXI (BERMUDA) LTD | USD UNRS SHS | G10082140 | 62,272 | 2,061,291 | SH | DFND | 1 | 0 | 2,061,291 | 0 | |
| FEDEX CORP | COM | 31428X106 | 479,262 | 4,200,000 | SH | DFND | 1 | 0 | 4,200,000 | 0 | |
| HERBALIFE LTD | COM USD SHS | G4412G101 | 183,644 | 2,632,138 | SH | DFND | 1 | 0 | 2,632,138 | 0 | |
| HESS CORP | COM | 42809H107 | 247,488 | 3,200,000 | SH | DFND | 1 | 0 | 3,200,000 | 0 | |
| HESS CORP | COM | 42809H107 | 19,335 | 250,000 | SH | Call | DFND | 1 | 0 | 250,000 | 0 |
| HILLSHIRE BRANDS CO | COM | 432589109 | 38,425 | 1,250,000 | SH | Call | DFND | 1 | 0 | 1,250,000 | 0 |
| ISHARES TR | RUSSELL 2000 ETF | 464287655 | 426,440 | 4,000,000 | SH | Put | DFND | 1 | 0 | 4,000,000 | 0 |
| ISHARES TR | U.S. REAL ES ETF | 464287739 | 484,804 | 7,600,000 | SH | Put | DFND | 1 | 0 | 7,600,000 | 0 |
| JOHNSON & JOHNSON | COM | 478160104 | 33,713 | 388,897 | SH | DFND | 1 | 0 | 388,897 | 0 | |
| LAMAR ADVERTISING CO | CL A | 512815101 | 296,363 | 6,301,577 | SH | DFND | 1 | 0 | 6,301,577 | 0 | |
| LEAP WIRELESS INTL INC | COM NEW | 521863308 | 158 | 10,000 | SH | Call | DFND | 1 | 0 | 10,000 | 0 |
| ISHARES | MSCI EMG MKT ETF | 464287234 | 85,586 | 2,100,000 | SH | Put | DFND | 1 | 0 | 2,100,000 | 0 |
| NOBLE CORPORATION BAAR | NAMEN -AKT | H5833N103 | 57,222 | 1,515,000 | SH | DFND | 1 | 0 | 1,515,000 | 0 | |
| NORTH AMERN ENERGY PARTNERS | COM | 656844107 | 25,062 | 4,598,466 | SH | DFND | 1 | 0 | 4,598,466 | 0 | |
| NRG ENERGY INC | COM NEW | 629377508 | 409,950 | 15,000,000 | SH | DFND | 1 | 0 | 15,000,000 | 0 | |
| NRG ENERGY INC | COM NEW | 629377508 | 109,397 | 4,002,800 | SH | Call | DFND | 1 | 0 | 4,002,800 | 0 |
| NUVEEN FLOATING RATE INCOME | COM | 67072T108 | 48 | 4,000 | SH | DFND | 1 | 0 | 4,000 | 0 | |
| PENN NATL GAMING INC | COM | 707569109 | 69,200 | 1,250,000 | SH | DFND | 1 | 0 | 1,250,000 | 0 | |
| PENNEY J C INC | COM | 708160106 | 88,050 | 10,000,000 | SH | DFND | 1 | 0 | 10,000,000 | 0 | |
| UNIVERSAL AMERN CORP NEW | COM | 91338E101 | 58,696 | 7,702,936 | SH | DFND | 1 | 0 | 7,702,936 | 0 | |
| U S AIRWAYS GROUP INC | COM | 90341W108 | 341 | 18,000 | SH | Put | DFND | 1 | 0 | 18,000 | 0 |
| WELLS FARGO ADVANTAGE MULTI | COM SHS | 94987D101 | 42 | 3,000 | SH | DFND | 1 | 0 | 3,000 | 0 | |
| YPF SOCIEDAD ANONIMA | SPON ADR CL D | 984245100 | 56,012 | 2,782,500 | SH | DFND | 1 | 0 | 2,782,500 | 0 | |