The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete. | |||||||||||||||||
|
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 13F FORM 13F INFORMATION TABLE |
|
||||||||||||||||
| 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 |
| Actuant Corporation | COM | 00508X203 | 1,747 | 77,250 | SH | SOLE | 0 | 0 | 77,250 | ||
| Actuant Corporation | COM | 00508X203 | 143,210 | 6,333,926 | SH | DFND | 1 | 6,333,926 | 0 | 0 | |
| Alphabet Inc. CL C | COM | 02079K107 | 464,220 | 670,741 | SH | SOLE | 551,304 | 0 | 119,437 | ||
| Alphabet Inc. CL C | COM | 02079K107 | 205,581 | 297,039 | SH | DFND | 1 | 297,039 | 0 | 0 | |
| Baidu, Inc. ADR | COM | 056752108 | 27,038 | 163,715 | SH | SOLE | 163,715 | 0 | 0 | ||
| Baidu, Inc. ADR | COM | 056752108 | 42,941 | 260,015 | SH | DFND | 1 | 260,015 | 0 | 0 | |
| Chemtura Corporation | COM | 163893209 | 1,008 | 38,200 | SH | SOLE | 0 | 0 | 38,200 | ||
| Chemtura Corporation | COM | 163893209 | 112,081 | 4,248,730 | SH | DFND | 1 | 4,248,730 | 0 | 0 | |
| Chesapeake Energy Corporation | COM | 165167107 | 109,563 | 25,598,735 | SH | SOLE | 21,393,035 | 0 | 4,205,700 | ||
| CNH Industrial NV | COM | N20944109 | 201,198 | 28,139,645 | SH | SOLE | 24,337,506 | 0 | 3,802,139 | ||
| CNH Industrial NV | COM | N20944109 | 43,156 | 6,035,759 | SH | DFND | 1 | 6,035,759 | 0 | 0 | |
| CONSOL Energy Inc. | COM | 20854P109 | 406,527 | 25,265,821 | SH | SOLE | 21,675,721 | 0 | 3,590,100 | ||
| CONSOL Energy Inc. | COM | 20854P109 | 390,621 | 24,277,266 | SH | DFND | 1 | 24,277,266 | 0 | 0 | |
| Deltic Timber Corp | COM | 247850100 | 1,302 | 19,400 | SH | SOLE | 0 | 0 | 19,400 | ||
| Deltic Timber Corp | COM | 247850100 | 121,382 | 1,808,158 | SH | DFND | 1 | 1,808,158 | 0 | 0 | |
| E.I. du Pont de Nemours and Co | COM | 263534109 | 235,596 | 3,635,743 | SH | SOLE | 3,271,843 | 0 | 363,900 | ||
| E.I. du Pont de Nemours and Co | COM | 263534109 | 163,922 | 2,529,659 | SH | DFND | 1 | 2,529,659 | 0 | 0 | |
| Everest Re Group Ltd. | COM | G3223R108 | 140,417 | 768,694 | SH | SOLE | 628,016 | 0 | 140,678 | ||
| Everest Re Group Ltd. | COM | G3223R108 | 91,817 | 502,640 | SH | DFND | 1 | 502,640 | 0 | 0 | |
| FedEx Corporation | COM | 31428X106 | 690,427 | 4,548,870 | SH | SOLE | 3,869,176 | 0 | 679,694 | ||
| FedEx Corporation | COM | 31428X106 | 276,049 | 1,818,743 | SH | DFND | 1 | 1,818,743 | 0 | 0 | |
| Franklin Resources Inc. | COM | 354613101 | 85,550 | 2,563,673 | SH | SOLE | 2,217,566 | 0 | 346,107 | ||
| Graham Holdings Company | COM | 384637104 | 137,798 | 281,484 | SH | SOLE | 234,391 | 0 | 47,093 | ||
| Graham Holdings Company | COM | 384637104 | 209,523 | 428,000 | SH | DFND | 1 | 428,000 | 0 | 0 | |
| Level 3 Communications Inc. | COM | 52729N308 | 821,363 | 15,951,887 | SH | SOLE | 13,352,499 | 0 | 2,599,388 | ||
| Level 3 Communications Inc. | COM | 52729N308 | 640,617 | 12,441,579 | SH | DFND | 1 | 12,441,579 | 0 | 0 | |
| Liberty Media Group - A | COM | 531229870 | 279 | 14,600 | SH | SOLE | 0 | 0 | 14,600 | ||
| Liberty Media Group - A | COM | 531229870 | 21,527 | 1,124,694 | SH | DFND | 1 | 1,124,694 | 0 | 0 | |
| Liberty Media Group - C | COM | 531229854 | 2,135 | 112,539 | SH | SOLE | 0 | 0 | 112,539 | ||
| Liberty Media Group - C | COM | 531229854 | 155,401 | 8,191,953 | SH | DFND | 1 | 8,191,953 | 0 | 0 | |
| Melco Crown Entertainment Ltd. | COM | 585464100 | 5,241 | 416,587 | SH | SOLE | 416,587 | 0 | 0 | ||
| Ralph Lauren Corporation | COM | 751212101 | 141,053 | 1,573,897 | SH | SOLE | 1,414,058 | 0 | 159,839 | ||
| Ralph Lauren Corporation | COM | 751212101 | 104,185 | 1,162,521 | SH | DFND | 1 | 1,162,521 | 0 | 0 | |
| Rayonier Inc. | COM | 754907103 | 36,729 | 1,399,723 | SH | SOLE | 1,324,002 | 0 | 75,721 | ||
| Rayonier Inc. | COM | 754907103 | 174,855 | 6,663,700 | SH | DFND | 1 | 6,663,700 | 0 | 0 | |
| Royal Philips ADR | COM | 500472303 | 225,817 | 9,054,394 | SH | SOLE | 7,998,141 | 0 | 1,056,253 | ||
| Scripps Networks Interactive | COM | 811065101 | 320,820 | 5,152,085 | SH | SOLE | 4,717,546 | 0 | 434,539 | ||
| Scripps Networks Interactive | COM | 811065101 | 342,199 | 5,495,400 | SH | DFND | 1 | 5,495,400 | 0 | 0 | |
| SEACOR Holdings Inc. | COM | 811904101 | 81 | 1,400 | SH | SOLE | 0 | 0 | 1,400 | ||
| SEACOR Holdings Inc. | COM | 811904101 | 7,366 | 127,110 | SH | DFND | 1 | 127,110 | 0 | 0 | |
| Tribune Media Company - A | COM | 896047503 | 1,740 | 44,400 | SH | SOLE | 0 | 0 | 44,400 | ||
| Tribune Media Company - A | COM | 896047503 | 160,815 | 4,104,521 | SH | DFND | 1 | 4,104,521 | 0 | 0 | |
| United Technologies Corporatio | COM | 913017109 | 509,341 | 4,966,757 | SH | SOLE | 4,753,757 | 0 | 213,000 | ||
| United Technologies Corporatio | COM | 913017109 | 174,319 | 1,699,848 | SH | DFND | 1 | 1,699,848 | 0 | 0 | |
| Vail Resorts Inc. | COM | 91879Q109 | 148,418 | 1,073,700 | SH | DFND | 1 | 1,073,700 | 0 | 0 | |
| ViaSat Inc. | COM | 92552V100 | 82,482 | 1,155,214 | SH | SOLE | 1,110,290 | 0 | 44,924 | ||
| ViaSat Inc. | COM | 92552V100 | 245,353 | 3,436,313 | SH | DFND | 1 | 3,436,313 | 0 | 0 | |
| Vipshop Holdings Ltd-ADR | COM | 92763W103 | 5,169 | 462,800 | SH | SOLE | 462,800 | 0 | 0 | ||
| Wynn Resorts Limited | COM | 983134107 | 604,459 | 6,668,787 | SH | SOLE | 5,606,767 | 0 | 1,062,020 | ||
| Wynn Resorts Limited | COM | 983134107 | 446,904 | 4,930,538 | SH | DFND | 1 | 4,930,538 | 0 | 0 | |
| Chesapeake Convertible Bond 2. | CONV | 165167CB1 | 23,542 | 28,886,000 | PRN | SOLE | 24,481,000 | 0 | 4,405,000 | ||
| Chesapeake Convertible Bond 2. | CONV | 165167CB1 | 11,047 | 13,555,000 | PRN | DFND | 1 | 13,555,000 | 0 | 0 | |
| Chesapeake Convertible Bond 2. | CONV | 165167BZ9 | 28,472 | 30,533,000 | PRN | SOLE | 30,533,000 | 0 | 0 | ||
| Chesapeake Convertible Bond 2. | CONV | 165167BZ9 | 4,614 | 4,948,000 | PRN | DFND | 1 | 4,948,000 | 0 | 0 | |
| Chesapeake Convertible Bond 2. | CONV | 165167CA3 | 41,688 | 44,706,000 | PRN | SOLE | 44,706,000 | 0 | 0 | ||
| Chesapeake Convertible Bond 2. | CONV | 165167CA3 | 7,801 | 8,366,000 | PRN | DFND | 1 | 8,366,000 | 0 | 0 | |