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
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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
Affiliated Managers Group Inc. COM 008252108 74,744 501,536 SH   SOLE   396,641 0 104,895
Affiliated Managers Group Inc. COM 008252108 114,649 769,301 SH   DFND 1 769,301 0 0
Alibaba Group Holding-SP ADR COM 01609W102 49,688 219,151 SH   SOLE   152,049 0 67,102
Alibaba Group Holding-SP ADR COM 01609W102 31,384 138,420 SH   DFND 1 138,420 0 0
Baidu, Inc. ADR COM 056752108 118,636 545,327 SH   SOLE   349,589 0 195,738
Baidu, Inc. ADR COM 056752108 46,556 214,001 SH   DFND 1 214,001 0 0
Biogen Inc COM 09062X103 89,019 318,208 SH   SOLE   194,336 0 123,872
Biogen Inc COM 09062X103 79,920 285,682 SH   DFND 1 285,682 0 0
CNH Industrial NV - U.S. COM N20944109 41,567 2,657,754 SH   SOLE   2,657,754 0 0
CNX Resources Corp COM 12653C108 184,024 12,518,672 SH   SOLE   6,270,786 1,374,194 4,873,692
CNX Resources Corp COM 12653C108 250,228 17,022,337 SH   DFND 1 17,022,337 0 0
Comcast Corporation Cl A COM 20030N101 151,012 2,790,838 SH   SOLE   1,351,646 474,350 964,842
Comcast Corporation Cl A COM 20030N101 100,760 1,862,139 SH   DFND 1 1,862,139 0 0
Douglas Emmett Inc COM 25960P109 36,635 1,166,725 SH   SOLE   1,166,725 0 0
Douglas Emmett Inc COM 25960P109 88,787 2,827,624 SH   DFND 1 2,827,624 0 0
Eastman Kodak Company COM 277461406 19,950 2,534,892 SH   DFND 2 0 0 2,534,892
Empire State Realty Trust Inc. COM 292104106 22,797 2,048,255 SH   SOLE   0 1,837,144 211,111
Empire State Realty Trust Inc. COM 292104106 5,064 455,000 SH   DFND 2 0 0 455,000
Empire State Realty Trust Inc. COM 292104106 114,359 10,274,803 SH   DFND 1 10,274,803 0 0
Everest Re Group Ltd. COM G3223R108 17,656 71,248 SH   SOLE   65,419 0 5,829
Everest Re Group Ltd. COM G3223R108 81,766 329,954 SH   DFND 1 329,954 0 0
FedEx Corporation COM 31428X106 148,218 521,822 SH   SOLE   241,098 96,879 183,845
FedEx Corporation COM 31428X106 92,238 324,735 SH   DFND 1 324,735 0 0
General Electric COM 369604103 172,242 13,118,172 SH   SOLE   6,089,463 2,632,427 4,396,282
General Electric COM 369604103 11,502 876,000 SH   DFND 2 0 0 876,000
General Electric COM 369604103 100,624 7,663,648 SH   DFND 1 7,663,648 0 0
Graham Holdings Company COM 384637104 23,914 42,519 SH   SOLE   38,320 0 4,199
Graham Holdings Company COM 384637104 93,083 165,499 SH   DFND 1 165,499 0 0
Hyatt Hotels Corp. - Class A COM 448579102 109,104 1,319,276 SH   SOLE   618,699 320,917 379,660
Hyatt Hotels Corp. - Class A COM 448579102 6,781 82,000 SH   DFND 2 0 0 82,000
Hyatt Hotels Corp. - Class A COM 448579102 166,438 2,012,552 SH   DFND 1 2,012,552 0 0
JOYY Inc. ADR COM 46591M109 58,719 626,472 SH   SOLE   334,020 0 292,452
Lazard Ltd COM G54050102 54,391 1,250,073 SH   SOLE   707,644 483,167 59,262
Lazard Ltd COM G54050102 152,196 3,497,956 SH   DFND 1 3,497,956 0 0
Liberty Media Corp - Braves C COM 531229888 1,210 43,493 SH   SOLE   0 0 43,493
Liberty Media Corp - Braves C COM 531229888 71,296 2,562,776 SH   DFND 1 2,562,776 0 0
Lumen Technologies COM 550241103 344,410 25,798,482 SH   SOLE   11,851,081 4,735,738 9,211,663
Lumen Technologies COM 550241103 5,674 425,000 SH   DFND 2 0 0 425,000
Lumen Technologies COM 550241103 479,138 35,890,451 SH   DFND 1 35,890,451 0 0
Mattel, Inc. COM 577081102 70,428 3,535,529 SH   SOLE   2,288,805 1,116,578 130,146
Mattel, Inc. COM 577081102 13,008 653,000 SH   DFND 2 0 0 653,000
Mattel, Inc. COM 577081102 238,219 11,958,771 SH   DFND 1 11,958,771 0 0
Melco Resorts & Entertainment COM 585464100 1,328 66,723 SH   SOLE   42,522 0 24,201
MGM Resorts International COM 552953101 113,576 2,989,624 SH   SOLE   1,836,898 0 1,152,726
MGM Resorts International COM 552953101 100,132 2,635,740 SH   DFND 1 2,635,740 0 0
Realogy Holdings Corporation COM 75605Y106 2,339 154,615 SH   SOLE   0 0 154,615
Realogy Holdings Corporation COM 75605Y106 130,184 8,604,368 SH   DFND 1 8,604,368 0 0
Williams Companies, Inc. COM 969457100 112,803 4,761,634 SH   SOLE   2,751,150 0 2,010,484
Williams Companies, Inc. COM 969457100 82,900 3,499,375 SH   DFND 1 3,499,375 0 0