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
ACTAVIS PLC SHS G0083B108 56,909 221,084 SH   DFND 1 195,329 0 25,755
ACTAVIS PLC SHS G0083B108 25,118 97,579 SH   SOLE   95,089 0 2,490
AERCAP HOLDINGS NV SHS N00985106 57,508 1,481,410 SH   DFND 1 1,310,260 0 171,150
AERCAP HOLDINGS NV SHS N00985106 25,922 667,737 SH   SOLE   650,812 0 16,925
AMC ENTMT HLDGS INC CL A COM 00165C104 3,430 131,000 SH   DFND 2 131,000 0 0
AMC ENTMT HLDGS INC CL A COM 00165C104 288 11,000 SH   DFND 1 11,000 0 0
AMC ENTMT HLDGS INC CL A COM 00165C104 205 7,836 SH   SOLE   7,836 0 0
AMERICAN AIRLS GROUP INC COM 02376R102 60,498 1,128,055 SH   DFND 1 994,785 0 133,270
AMERICAN AIRLS GROUP INC COM 02376R102 27,609 514,805 SH   SOLE   501,980 0 12,825
APOLLO GLOBAL MGMT LLC CL A SHS 037612306 4,009 170,000 SH   DFND 2 170,000 0 0
APOLLO GLOBAL MGMT LLC CL A SHS 037612306 383 16,250 SH   DFND 1 16,250 0 0
APOLLO GLOBAL MGMT LLC CL A SHS 037612306 263 11,171 SH   SOLE   11,171 0 0
APPLE INC COM 037833100 2,812 25,480 SH   DFND 2 25,480 0 0
APPLE INC COM 037833100 298 2,700 SH   DFND 1 2,700 0 0
APPLE INC COM 037833100 201 1,821 SH   SOLE   1,821 0 0
ASPEN TECHNOLOGY INC COM 045327103 582 16,625 SH   SOLE   0 0 16,625
CAMERON INTERNATIONAL CORP COM 13342B105 25,940 519,316 SH   DFND 1 459,376 0 59,940
CAMERON INTERNATIONAL CORP COM 13342B105 5,799 116,100 SH   SOLE   110,275 0 5,825
CAPITAL ONE FINL CORP COM 14040H105 3,467 42,000 SH   DFND 2 42,000 0 0
CAPITAL ONE FINL CORP COM 14040H105 371 4,500 SH   DFND 1 4,500 0 0
CAPITAL ONE FINL CORP COM 14040H105 257 3,111 SH   SOLE   3,111 0 0
CHICAGO BRIDGE & IRON CO N V COM 167250109 29,431 701,073 SH   DFND 1 619,223 0 81,850
CHICAGO BRIDGE & IRON CO N V COM 167250109 5,901 140,567 SH   SOLE   132,692 0 7,875
CITIZENS FINL GROUP INC COM 174610105 977 39,300 SH   DFND 2 39,300 0 0
CROWN CASTLE INTL CORP NEW COM 22822V101 3,410 43,325 SH   DFND 2 43,325 0 0
CROWN CASTLE INTL CORP NEW COM 22822V101 329 4,175 SH   DFND 1 4,175 0 0
CROWN CASTLE INTL CORP NEW COM 22822V101 218 2,775 SH   SOLE   2,775 0 0
CVS HEALTH CORP COM 126650100 3,891 40,400 SH   DFND 2 40,400 0 0
CVS HEALTH CORP COM 126650100 414 4,301 SH   DFND 1 4,300 0 1
CVS HEALTH CORP COM 126650100 280 2,906 SH   SOLE   2,906 0 0
DELTA AIR LINES INC DEL COM NEW 247361702 3,620 73,600 SH   DFND 2 73,600 0 0
DELTA AIR LINES INC DEL COM NEW 247361702 45,882 932,745 SH   DFND 1 824,270 0 108,475
DELTA AIR LINES INC DEL COM NEW 247361702 9,891 201,082 SH   SOLE   190,532 0 10,550
DOLLAR TREE INC COM 256746108 28,548 405,625 SH   DFND 1 358,065 0 47,560
DOLLAR TREE INC COM 256746108 5,737 81,510 SH   SOLE   76,935 0 4,575
EAGLE MATERIALS INC COM 26969P108 41,751 549,137 SH   DFND 1 494,138 0 54,999
EAGLE MATERIALS INC COM 26969P108 14,071 185,075 SH   SOLE   178,675 0 6,400
EBAY INC COM 278642103 28,856 514,185 SH   DFND 1 455,145 0 59,040
EBAY INC COM 278642103 6,304 112,335 SH   SOLE   107,235 0 5,100
EXTERRAN HLDGS INC COM 30225X103 2,430 74,600 SH   DFND 2 74,600 0 0
EXTERRAN HLDGS INC COM 30225X103 889 27,300 SH   DFND 1 8,100 0 19,200
GAMING & LEISURE PPTYS INC COM 36467J108 3,113 106,112 SH   DFND 2 106,112 0 0
GAMING & LEISURE PPTYS INC COM 36467J108 26,200 892,963 SH   DFND 1 788,008 0 104,955
GAMING & LEISURE PPTYS INC COM 36467J108 3,359 114,485 SH   SOLE   104,335 0 10,150
HARTFORD FINL SVCS GROUP INC COM 416515104 3,268 78,400 SH   DFND 2 78,400 0 0
HARTFORD FINL SVCS GROUP INC COM 416515104 296 7,100 SH   DFND 1 7,100 0 0
HARTFORD FINL SVCS GROUP INC COM 416515104 239 5,728 SH   SOLE   5,728 0 0
HOME LN SERVICING SOLUTIONS ORD SHS G6648D109 3,728 191,000 SH   DFND 2 191,000 0 0
HOME LN SERVICING SOLUTIONS ORD SHS G6648D109 365 18,700 SH   DFND 1 18,700 0 0
HOME LN SERVICING SOLUTIONS ORD SHS G6648D109 252 12,920 SH   SOLE   12,920 0 0
INTL PAPER CO COM 460146103 2,540 47,400 SH   DFND 2 47,400 0 0
LAMAR ADVERTISING CO NEW CL A 512816109 3,999 74,556 SH   DFND 2 74,556 0 0
LAMAR ADVERTISING CO NEW CL A 512816109 44,655 832,490 SH   DFND 1 735,240 0 97,250
LAMAR ADVERTISING CO NEW CL A 512816109 16,045 299,126 SH   SOLE   289,676 0 9,450
MCKESSON CORP COM 58155Q103 2,699 13,000 SH   DFND 2 13,000 0 0
MCKESSON CORP COM 58155Q103 38,706 186,464 SH   DFND 1 164,749 0 21,715
MCKESSON CORP COM 58155Q103 12,928 62,279 SH   SOLE   60,189 0 2,090
MEDIA GEN INC NEW COM 58441K100 54,487 3,256,855 SH   DFND 1 2,872,841 0 384,014
MEDIA GEN INC NEW COM 58441K100 18,801 1,123,801 SH   SOLE   1,086,555 0 37,246
MEDTRONIC INC COM 585055106 2,188 30,300 SH   DFND 2 30,300 0 0
MEDTRONIC INC COM 585055106 253 3,500 SH   DFND 1 3,500 0 0
METLIFE INC COM 59156R108 3,332 61,600 SH   DFND 2 61,600 0 0
METLIFE INC COM 59156R108 24,155 446,579 SH   DFND 1 394,954 0 51,625
METLIFE INC COM 59156R108 5,012 92,653 SH   SOLE   87,653 0 5,000
MICRON TECHNOLOGY INC COM 595112103 44,207 1,262,693 SH   DFND 1 1,101,093 0 161,600
MICRON TECHNOLOGY INC COM 595112103 10,101 288,526 SH   SOLE   280,426 0 8,100
MONDELEZ INTL INC CL A 609207105 1,609 44,300 SH   DFND 2 44,300 0 0
MONSANTO CO NEW COM 61166W101 3,118 26,100 SH   DFND 2 26,100 0 0
MONSANTO CO NEW COM 61166W101 34,842 291,640 SH   DFND 1 257,440 0 34,200
MONSANTO CO NEW COM 61166W101 7,328 61,335 SH   SOLE   58,035 0 3,300
MYLAN INC COM 628530107 47,394 840,765 SH   DFND 1 748,759 0 92,006
MYLAN INC COM 628530107 15,156 268,865 SH   SOLE   260,065 0 8,800
NOBLE ENERGY INC COM 655044105 24,507 516,707 SH   DFND 1 456,082 0 60,625
NOBLE ENERGY INC COM 655044105 4,947 104,305 SH   SOLE   98,430 0 5,875
NORTHSTAR RLTY FIN CORP COM NEW 66704R704 3,774 214,700 SH   DFND 2 214,700 0 0
NORTHSTAR RLTY FIN CORP COM NEW 66704R704 57,763 3,285,740 SH   DFND 1 2,904,565 0 381,175
NORTHSTAR RLTY FIN CORP COM NEW 66704R704 25,199 1,433,389 SH   SOLE   1,396,139 0 37,250
NXP SEMICONDUCTORS N V COM N6596X109 55,577 727,452 SH   DFND 1 642,977 0 84,475
NXP SEMICONDUCTORS N V COM N6596X109 16,013 209,590 SH   SOLE   201,215 0 8,375
OCCIDENTAL PETE CORP DEL COM 674599105 1,975 24,500 SH   DFND 2 24,500 0 0
OCCIDENTAL PETE CORP DEL COM 674599105 210 2,600 SH   DFND 1 2,600 0 0
OUTFRONT MEDIA INC COM 69007J106 2,956 110,145 SH   DFND 2 110,145 0 0
OUTFRONT MEDIA INC COM 69007J106 342 12,758 SH   DFND 1 12,758 0 0
OUTFRONT MEDIA INC COM 69007J106 548 20,419 SH   SOLE   20,419 0 0
PFIZER INC COM 717081103 1,885 60,500 SH   DFND 2 60,500 0 0
PFIZER INC COM 717081103 224 7,200 SH   DFND 1 7,200 0 0
PRUDENTIAL FINL INC COM 744320102 3,021 33,400 SH   DFND 2 33,400 0 0
PRUDENTIAL FINL INC COM 744320102 52,823 583,935 SH   DFND 1 516,085 0 67,850
PRUDENTIAL FINL INC COM 744320102 15,204 168,077 SH   SOLE   161,477 0 6,600
RALPH LAUREN CORP CL A 751212101 44,676 241,282 SH   DFND 1 212,952 0 28,330
RALPH LAUREN CORP CL A 751212101 8,976 48,475 SH   SOLE   45,725 0 2,750
RAYTHEON CO COM NEW 755111507 3,334 30,820 SH   SOLE   0 0 30,820
REALOGY HLDGS CORP COM 75605Y106 58,261 1,309,525 SH   DFND 1 1,156,425 0 153,100
REALOGY HLDGS CORP COM 75605Y106 18,184 408,715 SH   SOLE   393,915 0 14,800
ROCKWOOD HLDGS INC COM 774415103 1,994 25,300 SH   DFND 2 25,300 0 0
ROCKWOOD HLDGS INC COM 774415103 236 3,000 SH   DFND 1 3,000 0 0
SANOFI SPONSORED ADR 80105N105 2,577 56,500 SH   DFND 2 56,500 0 0
SANOFI SPONSORED ADR 80105N105 287 6,300 SH   DFND 1 6,300 0 0
SCHLUMBERGER LTD COM 806857108 2,648 31,000 SH   DFND 2 31,000 0 0
SCHLUMBERGER LTD COM 806857108 290 3,400 SH   DFND 1 3,400 0 0
SHIRE PLC SPONSORED ADR 82481R106 44,362 208,722 SH   DFND 1 184,302 0 24,420
SHIRE PLC SPONSORED ADR 82481R106 14,097 66,325 SH   SOLE   63,965 0 2,360
SINCLAIR BROADCAST GROUP INC CL A 829226109 3,649 133,361 SH   DFND 2 133,361 0 0
SINCLAIR BROADCAST GROUP INC CL A 829226109 28,243 1,032,272 SH   DFND 1 911,810 0 120,462
SINCLAIR BROADCAST GROUP INC CL A 829226109 5,849 213,787 SH   SOLE   201,968 0 11,819
SIX FLAGS ENTMT CORP NEW COM 83001A102 3,456 80,100 SH   DFND 2 80,100 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 737 3,585 SH   DFND 1 3,585 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 30,825 150,000 SH Put SOLE   150,000 0 0
TERADYNE INC COM 880770102 2,098 106,000 SH   DFND 2 106,000 0 0
TERADYNE INC COM 880770102 204 10,300 SH   DFND 1 10,300 0 0
TEVA PHARMACEUTICAL INDS LTD ADR 881624209 2,697 46,900 SH   DFND 2 46,900 0 0
TEVA PHARMACEUTICAL INDS LTD ADR 881624209 288 5,000 SH   DFND 1 5,000 0 0
THE ADT CORPORATION COM 00101J106 3,569 98,500 SH   DFND 2 98,500 0 0
THE ADT CORPORATION COM 00101J106 25,458 702,675 SH   DFND 1 621,450 0 81,225
THE ADT CORPORATION COM 00101J106 5,333 147,189 SH   SOLE   139,289 0 7,900
TIME WARNER INC COM NEW 887317303 3,169 37,100 SH   DFND 2 37,100 0 0
TIME WARNER INC COM NEW 887317303 273 3,200 SH   DFND 1 3,200 0 0
WALGREENS BOOTS ALLIANCE INC COM 931427108 3,200 42,000 SH   DFND 2 42,000 0 0
WALGREENS BOOTS ALLIANCE INC COM 931427108 366 4,800 SH   DFND 1 4,800 0 0
WALGREENS BOOTS ALLIANCE INC COM 931427108 267 3,500 SH   SOLE   3,500 0 0
WILLIAMS COS INC DEL COM 969457100 2,445 54,400 SH   DFND 2 54,400 0 0
WILLIAMS COS INC DEL COM 969457100 43,952 978,007 SH   DFND 1 877,657 0 100,350
WILLIAMS COS INC DEL COM 969457100 15,575 346,571 SH   SOLE   335,296 0 11,275
WILLIAMS SONOMA INC COM 969904101 2,724 36,000 SH   DFND 2 36,000 0 0
WILLIAMS SONOMA INC COM 969904101 265 3,500 SH   DFND 1 3,500 0 0