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
ARBOR REALTY TRUST INC COM 038923108 816 81,000 SH   SOLE None 81,000 0 0
AMC NETWORKS INC CL A 00164V103 44,253 806,356 SH   SOLE None 806,356 0 0
AMAZON.COM INC COM 023135106 11,265 7,500 SH   SOLE None 7,500 0 0
ASHLAND GLOBAL HOLDINGS INC COM 044186104 54,395 766,563 SH   SOLE None 766,563 0 0
ALTISOURCE PORTFOLIO SOLUTIONS REG SHS L0175J104 18,058 802,936 SH   SOLE None 802,936 0 0
CITIGROUP INC COM 172967424 39,857 765,600 SH   SOLE None 765,600 0 0
CIGNA CORP COM 125523100 47,074 247,861 SH   SOLE None 247,861 0 0
CHIMERA INVESTMENT CORP COM 16934Q208 1,069 60,000 SH   SOLE None 60,000 0 0
MR. COOPER GROUP COM 62482R107 19,407 1,663,000 SH   SOLE None 1,663,000 0 0
CVS HEALTH CORP COM 126650100 52,147 795,900 SH   SOLE None 795,900 0 0
DOWDUPONT INC COM 26078J100 50,036 935,600 SH   SOLE None 935,600 0 0
ELLINGTON FINANCIAL LLC COM 288522303 920 60,000 SH   SOLE None 60,000 0 0
ENERGY TRANSFER EQUITY LP COM UT LTD PTN 29273V100 29,545 2,236,528 SH   SOLE None 2,236,528 0 0
FIRST DATA CORP COM CL A 32008D106 40,392 2,388,671 SH   SOLE None 2,388,671 0 0
ALPHABET INC CAP STK CL A 02079K305 86,067 82,364 SH   SOLE None 82,364 0 0
HESS CORP COM 42809H107 15,264 376,900 SH   SOLE None 376,900 0 0
LORAL SPACE & COMMUNICATIONS I COM 543881106 29,170 783,084 SH   SOLE None 783,084 0 0
MAGNOIAL OIL & GAS CL A 559663109 18,871 1,683,400 SH   SOLE None 1,683,400 0 0
MARATHON PETROLEUM CORP COM 56585A102 24,402 413,526 SH   SOLE None 413,526 0 0
MICROSOFT CORP COM 594918104 24,956 245,705 SH   SOLE None 245,705 0 0
MVC CAPITAL INC COM 553829102 1,642 200,000 SH   SOLE None 200,000 0 0
NABORS INDUSTRIES LTD SHS G6359F103 17,569 8,784,298 SH   SOLE None 8,784,298 0 0
NEW MEDIA INVESTMENT GROUP INC COM 64704V106 289 25,000 SH   SOLE None 25,000 0 0
NIELSEN NV SHS EUR G6518L108 61,293 2,627,200 SH   SOLE None 2,627,200 0 0
NRG ENERGY INC COM 629377508 40,867 1,032,000 SH   SOLE None 1,032,000 0 0
OCWEN FINANCIAL CORP COM 675746309 16,983 12,673,518 SH   SOLE None 12,673,518 0 0
PARSLEY ENERGY INC CL A 701877102 30,181 1,888,694 SH   SOLE None 1,888,694 0 0
PENNYMAC FINANCIAL SERVICES IN CL A 70932B101 22,834 1,074,039 SH   SOLE None 1,074,039 0 0
NEW SENIOR INVESTMENT GROUP IN COM 648691103 288 70,000 SH   SOLE None 70,000 0 0
THL CREDIT INC COM 872438106 1,216 200,000 SH   SOLE None 200,000 0 0
THERMO FISHER SCIENTIFIC INC COM 883556102 25,109 112,200 SH   SOLE None 112,200 0 0
TRINITY INDUSTRIES INC COM 896522109 39,608 1,923,649 SH   SOLE None 1,923,649 0 0
UNITED CONTINENTAL HOLDINGS IN COM 910047109 97,194 1,160,802 SH   SOLE None 1,160,802 0 0
UNITEDHEALTH GROUP INC COM 91324P102 21,673 87,000 SH   SOLE None 87,000 0 0
WPX ENERGY INC COM 98212B103 38,334 3,377,440 SH   SOLE None 3,377,440 0 0