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 109,622 710,862 SH   SOLE   455,144 0 255,718
Affiliated Managers Group Inc. COM 008252108 123,394 800,171 SH   DFND 1 800,171 0 0
Alibaba Group Holding-SP ADR COM 01609W102 73,747 325,190 SH   SOLE   153,822 0 171,368
Alibaba Group Holding-SP ADR COM 01609W102 40,612 179,083 SH   DFND 1 179,083 0 0
Baidu, Inc. ADR COM 056752108 147,515 723,469 SH   SOLE   384,389 0 339,080
Baidu, Inc. ADR COM 056752108 43,635 214,001 SH   DFND 1 214,001 0 0
CNH Industrial NV - U.S. COM N20944109 43,395 2,595,375 SH   SOLE   2,595,375 0 0
CNX Resources Corp COM 12653C108 163,792 11,990,629 SH   SOLE   6,066,864 1,315,303 4,608,462
CNX Resources Corp COM 12653C108 220,962 16,175,852 SH   DFND 1 16,175,852 0 0
Comcast Corporation Cl A COM 20030N101 158,913 2,786,977 SH   SOLE   1,347,785 474,350 964,842
Comcast Corporation Cl A COM 20030N101 106,179 1,862,139 SH   DFND 1 1,862,139 0 0
Douglas Emmett Inc COM 25960P109 85,412 2,540,510 SH   SOLE   1,138,901 0 1,401,609
Douglas Emmett Inc COM 25960P109 95,065 2,827,624 SH   DFND 1 2,827,624 0 0
Eastman Kodak Company COM 277461406 21,090 2,534,892 SH   DFND 2 0 0 2,534,892
Empire State Realty Trust Inc. COM 292104106 33,914 2,826,194 SH   SOLE   5,097 1,837,144 983,953
Empire State Realty Trust Inc. COM 292104106 5,460 455,000 SH   DFND 2 0 0 455,000
Empire State Realty Trust Inc. COM 292104106 123,298 10,274,803 SH   DFND 1 10,274,803 0 0
Everest Re Group Ltd. COM G3223R108 42,545 168,824 SH   SOLE   68,586 0 100,238
Everest Re Group Ltd. COM G3223R108 83,152 329,954 SH   DFND 1 329,954 0 0
FedEx Corporation COM 31428X106 155,523 521,312 SH   SOLE   240,588 96,879 183,845
FedEx Corporation COM 31428X106 96,878 324,735 SH   DFND 1 324,735 0 0
General Electric COM 369604103 176,712 13,128,659 SH   SOLE   6,099,950 2,632,427 4,396,282
General Electric COM 369604103 11,791 876,000 SH   DFND 2 0 0 876,000
General Electric COM 369604103 103,153 7,663,648 SH   DFND 1 7,663,648 0 0
Graham Holdings Company COM 384637104 33,556 52,936 SH   SOLE   38,402 0 14,534
Graham Holdings Company COM 384637104 104,910 165,499 SH   DFND 1 165,499 0 0
Hyatt Hotels Corp. - Class A COM 448579102 106,716 1,374,494 SH   SOLE   614,970 320,917 438,607
Hyatt Hotels Corp. - Class A COM 448579102 6,366 82,000 SH   DFND 2 0 0 82,000
Hyatt Hotels Corp. - Class A COM 448579102 156,255 2,012,552 SH   DFND 1 2,012,552 0 0
JOYY Inc. ADR COM 46591M109 44,731 678,058 SH   SOLE   364,414 0 313,644
Lazard Ltd COM G54050102 59,768 1,320,834 SH   SOLE   709,080 483,167 128,587
Lazard Ltd COM G54050102 164,986 3,646,094 SH   DFND 1 3,646,094 0 0
Liberty Media Corp - Braves C COM 531229888 35 1,271 SH   SOLE   1,271 0 0
Liberty Media Corp - Braves C COM 531229888 71,168 2,562,776 SH   DFND 1 2,562,776 0 0
Lumen Technologies COM 550241103 344,400 25,342,195 SH   SOLE   11,738,057 4,735,738 8,868,400
Lumen Technologies COM 550241103 5,776 425,000 SH   DFND 2 0 0 425,000
Lumen Technologies COM 550241103 487,751 35,890,451 SH   DFND 1 35,890,451 0 0
Madison Square Garden Sports C COM 55825T103 38,526 223,250 SH   SOLE   243 0 223,007
Madison Square Garden Sports C COM 55825T103 9,923 57,500 SH   DFND 2 0 0 57,500
Madison Square Garden Sports C COM 55825T103 84,706 490,852 SH   DFND 1 490,852 0 0
Mattel, Inc. COM 577081102 128,219 6,379,073 SH   SOLE   2,237,830 1,116,578 3,024,665
Mattel, Inc. COM 577081102 13,125 653,000 SH   DFND 2 0 0 653,000
Mattel, Inc. COM 577081102 240,371 11,958,771 SH   DFND 1 11,958,771 0 0
Melco Resorts & Entertainment COM 585464100 1,106 66,723 SH   SOLE   42,522 0 24,201
MGM Resorts International COM 552953101 127,314 2,985,097 SH   SOLE   1,832,371 0 1,152,726
MGM Resorts International COM 552953101 112,414 2,635,740 SH   DFND 1 2,635,740 0 0
Realogy Holdings Corporation COM 75605Y106 13,061 716,832 SH   SOLE   4,268 0 712,564
Realogy Holdings Corporation COM 75605Y106 145,308 7,975,208 SH   DFND 1 7,975,208 0 0
Williams Companies, Inc. COM 969457100 114,520 4,313,359 SH   SOLE   2,626,476 0 1,686,883
Williams Companies, Inc. COM 969457100 92,908 3,499,375 SH   DFND 1 3,499,375 0 0