0001519418-13-000016.txt : 20131114 0001519418-13-000016.hdr.sgml : 20131114 20131114110810 ACCESSION NUMBER: 0001519418-13-000016 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20130930 FILED AS OF DATE: 20131114 DATE AS OF CHANGE: 20131114 EFFECTIVENESS DATE: 20131114 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Horizon Kinetics LLC CENTRAL INDEX KEY: 0001519418 IRS NUMBER: 450642972 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-14519 FILM NUMBER: 131217692 BUSINESS ADDRESS: STREET 1: 470 PARK AVENUE SOUTH STREET 2: 4TH FLOOR SOUTH CITY: NEW YORK STATE: NY ZIP: 10016 BUSINESS PHONE: 646-495-7347 MAIL ADDRESS: STREET 1: 470 PARK AVENUE SOUTH STREET 2: 4TH FLOOR SOUTH CITY: NEW YORK STATE: NY ZIP: 10016 13F-HR 1 primary_doc.xml 13F-HR LIVE false false false 0001519418 XXXXXXXX 09-30-2013 09-30-2013 Horizon Kinetics LLC
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13F HOLDINGS REPORT 028-14519 N
Jay Kesslen General Counsel 914-703-6904 Jay Kesslen New York NY 11-14-2013 3 720 7298802 false 1 0001056823 028-06986 HORIZON ASSET MANAGEMENT LLC 2 0001011814 028-05163 KINETICS ASSET MANAGEMENT LLC 3 0001527271 028-14521 Kinetics Advisers, LLC
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CL B CL B 124857202 23440 424937 SH DFND 1 424937 0 0 CBS CORP NEW CL B CL B 124857202 53043 961620 SH DFND 2 961620 0 0 CBS CORP NEW CL B CL B 124857202 1949 35340 SH DFND 3 35340 0 0 CELLDEX THERAPEUTICS INC COM 15117B103 933 26335 SH DFND 26335 0 0 CENTERPOINT ENERGY INC COM 15189T107 2819 117623 SH DFND 1 117623 0 0 CENTRAL EUROPEAN MEDIA ENTRPCL A NE CL A G20045202 334 63602 SH DFND 1 63602 0 0 CERNER CORP COM COM 156782104 357 6789 SH DFND 1 6789 0 0 CHESAPEAKE ENERGDTD 05/27/0 2.250% NOTE 165167CB1 14902 16331000 PRN DFND 1 16331000 0 0 CHESAPEAKE ENERGDTD 05/27/0 2.250% 12/15/38 NOTE 165167CB1 3495 3830000 PRN DFND 2 3830000 0 0 CHESAPEAKE ENERGDTD 11/08/0 2.750% NOTE 165167BW6 1032 1000000 PRN DFND 1 1000000 0 0 CHESAPEAKE ENERGDTD 11/08/0 2.750% 11/15/35 NOTE 165167BW6 671 650000 PRN DFND 2 650000 0 0 CHESAPEAKE ENERGY CORP COM 165167107 331 12779 SH DFND 1 12779 0 0 CHESAPEAKE ENERGY CORP 2.500% 05/15 NOTE 165167BZ9 1008 1026000 PRN DFND 1 1026000 0 0 CHEVRON CORP COM 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COM 194014106 1825 32300 SH DFND 3 32300 0 0 COLGATE PALMOLIVE CO COM 194162103 318 5364 SH DFND 1 5364 0 0 COLUMBIA SPORTSWEAR CO COM COM 198516106 340 5643 SH DFND 1 5643 0 0 COMCAST CORP NEW CL A CL A 20030N101 344 7624 SH DFND 1 7624 0 0 CONOCOPHILLIPS COM 20825C104 226 3254 SH DFND 1 3254 0 0 CONTINENTAL RESOURCES INC COM COM 212015101 31257 291414 SH DFND 1 291414 0 0 CONTINENTAL RESOURCES INC COM COM 212015101 28722 267778 SH DFND 2 267778 0 0 CONTINENTAL RESOURCES INC COM COM 212015101 1727 16100 SH DFND 3 16100 0 0 COPART INC COM 217204106 1235 38860 SH DFND 2 38860 0 0 CORELOGIC INC COM COM 21871D103 1009 37307 SH DFND 1 37307 0 0 COSTAMARE INC SHS COM Y1771G102 213 12099 SH DFND 1 12099 0 0 COSTAR GROUP INC COM COM 22160N109 336 2000 SH DFND 2 2000 0 0 COVANTA HLDG CORP COM 22282E102 334 15605 SH DFND 1 15605 0 0 CREDIT ACCEP CORP MICH COM 225310101 340 3067 SH DFND 1 3067 0 0 CRESUD S A C I F Y A SPONSORED ADR ADR 226406106 598 68448 SH DFND 1 68448 0 0 CRESUD S A C I F Y A SPONSORED ADR ADR 226406106 8286 949092 SH DFND 2 949092 0 0 CSX CORP COM 126408103 17738 689131 SH DFND 689131 0 0 CTRIP COM INTL LTD ADR ADR 22943F100 338 5800 SH DFND 2 5800 0 0 CUBIC CORP COM 229669106 541 10069 SH DFND 1 10069 0 0 CUBIST PHARMACEUTICALS INC COM COM 229678107 1525 24000 SH DFND 2 24000 0 0 CVR ENERGY INC COM COM 12662P108 308 7999 SH DFND 1 7999 0 0 CVR REFNG LP COMUNIT REP LT UNIT 12663P107 317 12694 SH DFND 1 12694 0 0 D R HORTON INC COM 23331A109 325 16736 SH DFND 1 16736 0 0 DANAHER CORP COM 235851102 2696 38890 SH DFND 1 38890 0 0 DANAHER CORP COM 235851102 430 6200 SH DFND 2 6200 0 0 DELL INC COM 24702R101 334 24315 SH DFND 1 24315 0 0 DELUXE CORP COM 248019101 881 21150 SH DFND 1 21150 0 0 DENDREON CORP COM COM 24823Q107 100 34000 SH DFND 2 34000 0 0 DICKS SPORTING GOODSINC COM COM 253393102 342 6415 SH DFND 1 6415 0 0 DISCOVERY COMMUNICATNS NEW SER A SER A 25470F104 23712 280881 SH DFND 1 280881 0 0 DISCOVERY COMMUNICATNS NEW SER A SER A 25470F104 64896 768723 SH DFND 2 768723 0 0 DISH NETWORK CORP CL A CL A 25470M109 72216 1604452 SH DFND 1 1604452 0 0 DISH NETWORK CORP CL A CL A 25470M109 79721 1771177 SH DFND 2 1771177 0 0 DISH NETWORK CORP CL A CL A 25470M109 4905 108980 SH DFND 3 108980 0 0 DISNEY WALT CO DISNEY COM COM 254687106 2266 35130 SH DFND 35130 0 0 DOLE FOOD CO INC NEW COM COM 256603101 386 28350 SH DFND 1 28350 0 0 DOMINION DIAMOND CORP COM COM 257287102 915 75046 SH DFND 1 75046 0 0 DORMAN PRODUCTS INC COM COM 258278100 1550 31291 SH DFND 1 31291 0 0 DORMAN PRODUCTS INC COM COM 258278100 1031 20800 SH DFND 2 20800 0 0 DOUBLELINE INCOME SOLUTIONS COM COM 258622109 8473 386030 SH DFND 1 386030 0 0 DOUBLELINE INCOME SOLUTIONS COM COM 258622109 244 11100 SH DFND 11100 0 0 DOUBLELINE OPPORTUNISTIC CR COM COM 258623107 3425 149714 SH DFND 1 149714 0 0 DR PEPPER SNAPPLE GROUP INC COM 26138E109 685 15294 SH DFND 1 15294 0 0 DREAMWORKS ANIMATION SKG INCCL A CL A 26153C103 166212 5840196 SH DFND 1 5840196 0 0 DREAMWORKS ANIMATION SKG INCCL A CL A 26153C103 154332 5422752 SH DFND 2 5422752 0 0 DREAMWORKS ANIMATION SKG INCCL A CL A 26153C103 8219 288800 SH DFND 3 288800 0 0 DREYFUS MUN INCOME INC COM 26201R102 456 52599 SH DFND 1 52599 0 0 DREYFUS STRATEGIC MUN BD FD COM COM 26202F107 147 19074 SH DFND 1 19074 0 0 DREYFUS STRATEGIC MUNS INC COM 261932107 317 39518 SH DFND 39518 0 0 DST SYS INC DEL COM 233326107 413 5479 SH DFND 1 5479 0 0 DSW INC CL A CL A 23334L102 373 8736 SH DFND 1 8736 0 0 DWS MUN INCOME TR COM 23338M106 269 21760 SH DFND 1 21760 0 0 EATON VANCE CA MUN BD FD COM 27828A100 363 35168 SH DFND 1 35168 0 0 EATON VANCE FLTING RATE INC COM 278279104 1524 97827 SH DFND 97827 0 0 EATON VANCE LTD DUR INCOME F COM 27828H105 6911 441878 SH DFND 441878 0 0 EATON VANCE MUN BD FD COM 27827X101 181 15668 SH DFND 1 15668 0 0 EATON VANCE MUNI INCOME TRUSSH BEN BEN INT 27826U108 439 39772 SH DFND 1 39772 0 0 EATON VANCE NY MUN BD FD COM 27827Y109 409 35485 SH DFND 1 35485 0 0 EATON VANCE NY MUNI INCOME TSH BEN BEN INT 27826W104 479 38450 SH DFND 1 38450 0 0 EATON VANCE SH TM DR DIVR INC COM 27828V104 500 32298 SH DFND 1 32298 0 0 EATON VANCE SR FLTNG RTE TR COM 27828Q105 2506 162382 SH DFND 162382 0 0 EATON VANCE SR INCOME TR SH BEN INT BEN INT 27826S103 2019 287202 SH DFND 287202 0 0 EBAY INC COM 278642103 445 7969 SH DFND 1 7969 0 0 EBAY INC COM 278642103 4240 76000 SH DFND 2 76000 0 0 ECHOSTAR CORP CL A CL A 278768106 14382 327318 SH DFND 1 327318 0 0 ECHOSTAR CORP CL A CL A 278768106 56072 1276109 SH DFND 2 1276109 0 0 ECHOSTAR CORP CL A CL A 278768106 3531 80356 SH DFND 3 80356 0 0 ELECTRONIC ARTS INC CONV 0.750% 07/15/16 NOTE 285512AA7 4071 3750000 PRN DFND 2 3750000 0 0 EMERSON ELEC CO COM 291011104 1351 20876 SH DFND 1 20876 0 0 ENCANA CORP COM SHS ISIN COM 292505104 259 14927 SH DFND 1 14927 0 0 ENCANA CORP COM SHS ISIN COM 292505104 346 19989 SH DFND 3 19989 0 0 ENSTAR GROUP LIMITED SHS COM G3075P101 990 7249 SH DFND 1 7249 0 0 ENTERPRISE PRODS PARTNERS L COM 293792107 962 15753 SH DFND 1 15753 0 0 EOG RES INC COM 26875P101 237 1402 SH DFND 1 1402 0 0 EQUITY LIFESTYLE PPTYS INC COM COM 29472R108 30365 888639 SH DFND 1 888639 0 0 EQUITY LIFESTYLE PPTYS INC COM COM 29472R108 37095 1085589 SH DFND 2 1085589 0 0 EQUITY LIFESTYLE PPTYS INC COM COM 29472R108 714 20900 SH DFND 3 20900 0 0 EQUITY RESIDENTIAL SH BEN INT BEN INT 29476L107 323 6026 SH DFND 1 6026 0 0 EXPEDIA INC DEL COM NEW COM 30212P303 1958 37801 SH DFND 37801 0 0 EXXON MOBIL CORP COM 30231G102 12974 150786 SH DFND 1 150786 0 0 FAMILY DLR STORES INC COM 307000109 30374 421743 SH DFND 1 421743 0 0 FAMILY DLR STORES INC COM 307000109 1001 13900 SH DFND 2 13900 0 0 FASTENAL CO COM 311900104 389 7740 SH DFND 1 7740 0 0 FEDERAL MOGUL CORP COM COM 313549404 737 43882 SH DFND 1 43882 0 0 FEDERAL MOGUL CORP COM COM 313549404 2015 120000 SH DFND 2 120000 0 0 FEDERATED INVS INC PA CL B CL B 314211103 251 9244 SH DFND 1 9244 0 0 FEDEX CORP COM 31428X106 330 2894 SH DFND 1 2894 0 0 FIDELITY NATL FINANCIAL INC COM 31620R105 1234 46374 SH DFND 1 46374 0 0 FIDELITY NATL INFORMATION SVC COM 31620M106 475 10230 SH DFND 1 10230 0 0 FIRST CTZNS BANCSHARES INC NCL A COM 31946M103 340 1654 SH DFND 1 1654 0 0 FIRST TR ABERDEEN GLBL OPP FCOM SHS COM 337319107 1344 92365 SH DFND 1 92365 0 0 FIRST TR/FOUR CRNRS SR FLOAT COM 33733U108 756 52800 SH DFND 1 52800 0 0 FIRST TRUST STRATEGIC HIGH INCOME FD II COM COM 337353304 742 46612 SH DFND 46612 0 0 FIRSTENERGY CORP COM 337932107 840 23040 SH DFND 1 23040 0 0 FISERV INC COM 337738108 303 3000 SH DFND 2 3000 0 0 FLOWERS FOODS INC COM COM 343498101 1214 56601 SH DFND 1 56601 0 0 FOREST CITY ENT 4.250% 08/15/18 NOTE 345550AP2 496 446000 PRN DFND 2 446000 0 0 FOREST CITY ENTERPRISES INC CL A CL A 345550107 23878 1260702 SH DFND 1 1260702 0 0 FOREST CITY ENTERPRISES INC CL A CL A 345550107 74920 3955667 SH DFND 2 3955667 0 0 FOREST CITY ENTERPRISES INC CL A CL A 345550107 3485 184000 SH DFND 3 184000 0 0 FOREST LABS INC COM 345838106 326 7616 SH DFND 1 7616 0 0 FORTUNE BRANDS HOME & SEC INCOM COM 34964C106 1353 32497 SH DFND 1 32497 0 0 FOSSIL GROUP INC COM COM 34988V106 331 2849 SH DFND 1 2849 0 0 FRANCO NEVADA CORP COM COM 351858105 4338 95855 SH DFND 1 95855 0 0 FRANCO NEVADA CORP COM COM 351858105 24947 551196 SH DFND 2 551196 0 0 FRANKLIN RESOURCES INC COM 354613101 330 6535 SH DFND 1 6535 0 0 FRANKLIN TEMPLETON LTD DUR I COM 35472T101 292 22474 SH DFND 1 22474 0 0 FREEPORT MCMORAN COPPER&GOLDCL B CL B 35671D857 4386 132583 SH DFND 1 132583 0 0 GAP INC COM 364760108 328 8136 SH DFND 1 8136 0 0 GARMIN LTD SHS COM H2906T109 351 7760 SH DFND 1 7760 0 0 GENERAL ELECTRIC CO COM 369604103 1553 65005 SH DFND 1 65005 0 0 GENERAL GROWTH PPTYS INC NEWCOM COM 370023103 20231 1048779 SH DFND 1 1048779 0 0 GENERAL GROWTH PPTYS INC NEWCOM COM 370023103 9054 469368 SH DFND 2 469368 0 0 GENUINE PARTS CO COM 372460105 392 4845 SH DFND 1 4845 0 0 GLAXOSMITHKLINE PLC ADR SPONSORED ADR 37733W105 1190 23723 SH DFND 23723 0 0 GOOGLE INC CL A CL A 38259P508 23812 27185 SH DFND 1 27185 0 0 GOOGLE INC CL A CL A 38259P508 12356 14107 SH DFND 2 14107 0 0 GORMAN RUPP CO COM COM 383082104 268 6678 SH DFND 1 6678 0 0 GRAINGER W W INC COM 384802104 329 1258 SH DFND 1 1258 0 0 GREENLIGHT CAPITAL RE LTD CLASS A CL A G4095J109 6988 245702 SH DFND 1 245702 0 0 GREENLIGHT CAPITAL RE LTD CLASS A CL A G4095J109 5746 202047 SH DFND 2 202047 0 0 GUGGENHEIM CHINA REAL ESTATE ETF COM 18383Q861 1476 68383 SH DFND 1 68383 0 0 HALOZYME THERAPEUTICS INC COM COM 40637H109 381 34555 SH DFND 1 34555 0 0 HARBINGER GROUP INC COM COM 41146A106 350 33712 SH DFND 1 33712 0 0 HARRIS CORP DEL COM 413875105 1330 22433 SH DFND 1 22433 0 0 HEICO CORP NEW CL A CL A 422806208 1798 44835 SH DFND 1 44835 0 0 HEICO CORP NEW CL A CL A 422806208 4733 118000 SH DFND 2 118000 0 0 HELIOS ADVANTAGE INCOME FUND COM 42327W206 1411 165638 SH DFND 1 165638 0 0 HELIOS ADVANTAGE INCOME FUND COM 42327W206 138 16200 SH DFND 3 16200 0 0 HELIOS HIGH INCOME FUND COM 42327X204 913 109957 SH DFND 1 109957 0 0 HELIOS HIGH INCOME FUND COM 42327X204 126 15200 SH DFND 3 15200 0 0 HELIOS HIGH YIELD FD COM COM 42328Q109 127 12897 SH DFND 1 12897 0 0 HELIOS MULTI SECTOR HIGN INCOME FUN COM 42327Y202 1162 200034 SH DFND 1 200034 0 0 HELIOS MULTI SECTOR HIGN INCOME FUND COM 42327Y202 98 16800 SH DFND 3 16800 0 0 HELIOS STRATEGIC INCOME FUND COM 42328A203 390 61382 SH DFND 1 61382 0 0 HESS CORP COM 42809H107 333 4301 SH DFND 1 4301 0 0 HILLTOP HOLDINGS INC COM COM 432748101 345 18663 SH DFND 1 18663 0 0 HONEYWELL INTL INC COM 438516106 1000 12040 SH DFND 1 12040 0 0 HOST MARRIOTT CORP NEW COM 44107P104 328 18552 SH DFND 1 18552 0 0 HOWARD HUGHES CORP COM COM 44267D107 329651 2933626 SH DFND 1 2933626 0 0 HOWARD HUGHES CORP COM COM 44267D107 259330 2307819 SH DFND 2 2307819 0 0 HOWARD HUGHES CORP COM COM 44267D107 15090 134289 SH DFND 3 134289 0 0 HSN INC COM COM 404303109 1765 32918 SH DFND 1 32918 0 0 HUNTSMAN CORP COM 447011107 339 16443 SH DFND 1 16443 0 0 HYATT HOTELS CORP COM CL A CL A 448579102 319 7416 SH DFND 1 7416 0 0 IAC INTERACTIVECORP COM PAR $.001 COM 44919P508 28988 530244 SH DFND 1 530244 0 0 IAC INTERACTIVECORP COM PAR $.001 COM 44919P508 38820 710071 SH DFND 2 710071 0 0 IAC INTERACTIVECORP COM PAR $.001 COM 44919P508 204 3724 SH DFND 3 3724 0 0 ICAHN ENTERPRISES LPDEP UNIT UNIT 451100101 136377 1637768 SH DFND 1 1637768 0 0 ICAHN ENTERPRISES LPDEP UNIT UNIT 451100101 183538 2204131 SH DFND 2 2204131 0 0 ICAHN ENTERPRISES LPDEP UNIT UNIT 451100101 17976 215880 SH DFND 3 215880 0 0 IDT CORP CL B NEW CL B 448947507 369 20763 SH DFND 20763 0 0 ILLINOIS TOOL WORKS INC COM 452308109 337 4421 SH DFND 1 4421 0 0 IMPERIAL OIL LTD COM COM 453038408 1396 31756 SH DFND 1 31756 0 0 IMPERIAL OIL LTD COM COM 453038408 300 6834 SH DFND 2 6834 0 0 ING PRIME RATE TR SH BEN INT BEN INT 44977W106 1911 315415 SH DFND 315415 0 0 INTER PARFUMS INC COM COM 458334109 5464 182204 SH DFND 1 182204 0 0 INTER PARFUMS INC COM COM 458334109 4663 155500 SH DFND 2 155500 0 0 INTERCONTINENTAL EXCHANGE INC COM COM 45865V100 2174 11981 SH DFND 1 11981 0 0 INTERCONTINENTAL EXCHANGE INC COM COM 45865V100 3374 18600 SH DFND 2 18600 0 0 INTERDIGITAL INC CONV 2.500% 03/15/ NOTE 458660AB3 4188 4000000 PRN DFND 1 4000000 0 0 INTERNET INITIATIVE JAPAN INSPONSOR ADR 46059T109 589 40928 SH DFND 1 40928 0 0 INTL FLAVORS & FRAGRANCES COM 459506101 383 4650 SH DFND 1 4650 0 0 INTUIT INC COM 461202103 335 5057 SH DFND 1 5057 0 0 INVESCO INSURED MUNICIPAL INCOME TR COM 46132P108 390 28777 SH DFND 1 28777 0 0 INVESCO MUNICIPAL INCOME OPPORTUNIT COM 46132X101 1402 221534 SH DFND 1 221534 0 0 INVESCO MUNICIPAL INCOME OPPORTUNITIES TRUST COM 46132X101 199 31503 SH DFND 3 31503 0 0 INVESCO QUALITY MUNI INC TRSCOM COM 46133G107 500 43234 SH DFND 1 43234 0 0 INVESCO VAN KAMPEN DYNAMIC CREDIT OPPORTUNIT COM 46132R104 2175 169138 SH DFND 169138 0 0 INVESCO VAN KAMPEN MUNI OPP COM COM 46132C107 511 43343 SH DFND 43343 0 0 INVESCO VAN KAMPEN SENIOR INCOME TR COM 46131H107 3037 578477 SH DFND 1 578477 0 0 INVESCO VAN KAMPEN SENIOR INCOME TRUST COM 46131H107 121 23000 SH DFND 3 23000 0 0 INVESCO VAN KAMPEN TRUST INVESTMENT COM 46131T101 1254 90685 SH DFND 90685 0 0 IPATH S&P 500 VIX ST FUTURES ETN COM 06740C188 409 27800 SH Call DFND 27800 0 0 ISHARES TR 1-3 YR TRS BD COM 464287457 253 3000 SH DFND 1 3000 0 0 ISHARES TR BARCLYS 1-3YR C COM 464288646 2829 26867 SH DFND 26867 0 0 ISHARES TR FTSE CHINA 25 IDX COM 464287184 742 20014 SH DFND 1 20014 0 0 ISHARES TR S&P SHRT NATL COM 464288158 344 3244 SH DFND 1 3244 0 0 ISHARES TR US TIPS BD FD COM 464287176 2825 25092 SH DFND 1 25092 0 0 ISIS PHARMACEUTICALS INC COM 464330109 638 17000 SH DFND 2 17000 0 0 JARDEN CORP COM 471109108 210054 4339962 SH DFND 1 4339962 0 0 JARDEN CORP COM 471109108 54962 1135575 SH DFND 2 1135575 0 0 JEFFERIES GROUP INC (LUK) 3.875% 11 NOTE 472319AG7 1225 1169000 PRN DFND 1 1169000 0 0 JOHNSON & JOHNSON COM 478160104 1492 17214 SH DFND 1 17214 0 0 JOHNSON & JOHNSON COM 478160104 1214 14000 SH DFND 2 14000 0 0 KIMBERLY CLARK CORP COM 494368103 375 3984 SH DFND 1 3984 0 0 KINDER MORGAN INC COM 49456B101 2490 70000 SH Put DFND 1 70000 0 0 KKR & CO LP COM 48248M102 3486 169364 SH DFND 1 169364 0 0 KKR & CO LP COM 48248M102 269 13070 SH DFND 2 13070 0 0 KKR & CO LP COM 48248M102 598 29050 SH DFND 3 29050 0 0 KLA-TENCOR CORP COM 482480100 931 15300 SH DFND 1 15300 0 0 KRAFT FOODS GROUP INC COM COM 50076Q106 1028 19586 SH DFND 1 19586 0 0 KRONOS WORLDWIDE INC COM COM 50105F105 330 21308 SH DFND 1 21308 0 0 L 3 COMMUNICATIONS CORP CONV 3.000% 08/01/35 CONV 502413AW7 925 850000 PRN DFND 1 850000 0 0 L 3 COMMUNICATIONS CORP CONV 3.000% 08/01/35 CONV 502413AW7 1034 950000 PRN DFND 2 950000 0 0 L BRANDS INC COM COM 501797104 82860 1356144 SH DFND 1 1356144 0 0 L BRANDS INC COM COM 501797104 17194 281402 SH DFND 2 281402 0 0 LAS VEGAS SANDS CORP COM 517834107 12263 184628 SH DFND 1 184628 0 0 LAS VEGAS SANDS CORP COM 517834107 66310 998350 SH DFND 2 998350 0 0 LAS VEGAS SANDS CORP COM 517834107 2384 35900 SH DFND 3 35900 0 0 LAUDER ESTEE COS INC CL A CL A 518439104 330 4714 SH DFND 1 4714 0 0 LEGGETT & PLATT INC COM 524660107 1025 34000 SH DFND 1 34000 0 0 LENNAR CORP CL A CL A 526057104 10384 293337 SH DFND 1 293337 0 0 LENNAR CORP CL A CL A 526057104 5156 145655 SH DFND 2 145655 0 0 LEUCADIA NATIONAL CORP COM 527288104 148792 5462244 SH DFND 1 5462244 0 0 LEUCADIA NATIONAL CORP COM 527288104 114849 4216187 SH DFND 2 4216187 0 0 LEUCADIA NATIONAL CORP COM 527288104 5103 187348 SH DFND 3 187348 0 0 LEUCADIA NATL CORP SR NT CONV 3.7 CONV 527288AX2 6844 5280000 PRN DFND 1 5280000 0 0 LEUCADIA NATL CORP SR NT CONV 3.7 CONV 527288AX2 130 100000 PRN DFND 3 100000 0 0 LEXINGTON REALTY TRUST PFD CONV SER PFD CONV C 529043309 953 20785 SH DFND 1 20785 0 0 LIBERTY GLOBAL PLC SHS CL A CL A G5480U104 450 5672 SH DFND 1 5672 0 0 LIBERTY GLOBAL PLC SHS CL C CL C G5480U120 5585 74040 SH DFND 74040 0 0 LIBERTY INTERACTIVE CORP SER A SER A 53071M104 72595 3093103 SH DFND 1 3093103 0 0 LIBERTY INTERACTIVE CORP SER A SER A 53071M104 87913 3745751 SH DFND 2 3745751 0 0 LIBERTY INTERACTIVE CORP SER A SER A 53071M104 6370 271400 SH DFND 3 271400 0 0 LIBERTY MEDIA CORP DELAWARE CL A CL A 531229102 390192 2651662 SH DFND 1 2651662 0 0 LIBERTY MEDIA CORP DELAWARE CL A CL A 531229102 293737 1996175 SH DFND 2 1996175 0 0 LIBERTY MEDIA CORP DELAWARE CL A CL A 531229102 18482 125600 SH DFND 3 125600 0 0 LIBERTY VENTURES SER A SER A 53071M880 30993 351518 SH DFND 1 351518 0 0 LIBERTY VENTURES SER A SER A 53071M880 57086 647451 SH DFND 2 647451 0 0 LIBERTY VENTURES SER A SER A 53071M880 476 5400 SH DFND 3 5400 0 0 LILLY, ELI AND COMPANY COM 532457108 652 12960 SH DFND 1 12960 0 0 LILLY, ELI AND COMPANY COM 532457108 1158 23000 SH DFND 2 23000 0 0 LIVE NATION ENTERTAINMENT 2.875% 07 NOTE 538034AB5 17428 17076000 PRN DFND 1 17076000 0 0 LIVE NATION ENTERTAINMENT 2.875% 07/15/27 NOTE 538034AB5 2820 2763000 PRN DFND 2 2763000 0 0 LIVE NATION ENTERTAINMENT INC. COM 538034109 39698 2140037 SH DFND 1 2140037 0 0 LIVE NATION ENTERTAINMENT INC. COM 538034109 72302 3897700 SH DFND 2 3897700 0 0 LIVE NATION ENTERTAINMENT INC. COM 538034109 367 19800 SH DFND 3 19800 0 0 LMP CORPORATE LN FD INC COM 50208B100 5092 410288 SH DFND 1 410288 0 0 LMP CORPORATE LN FD INC COM 50208B100 200 16100 SH DFND 3 16100 0 0 LOEWS CORP COM 540424108 2319 49619 SH DFND 1 49619 0 0 LORAL SPACE & COMMUNICATNS LCOM COM 543881106 1606 23705 SH DFND 1 23705 0 0 LORAL SPACE & COMMUNICATNS LCOM COM 543881106 3901 57600 SH DFND 2 57600 0 0 LORAL SPACE & COMMUNICATNS LCOM COM 543881106 352 5200 SH DFND 3 5200 0 0 LYONDELLBASELL INDUSTRIES N SHS - A CL A N53745100 339 4632 SH DFND 1 4632 0 0 M & T BK CORP COM 55261F104 5765 51507 SH DFND 1 51507 0 0 MADISON SQUARE GARDEN CO CL A CL A 55826P100 9919 170810 SH DFND 1 170810 0 0 MADISON SQUARE GARDEN CO CL A CL A 55826P100 5912 101800 SH DFND 2 101800 0 0 MANAGED DURATION INVT GRD FUND COM COM 56165R103 1800 141209 SH DFND 141209 0 0 MANNKIND CORP COM COM 56400P201 327 57451 SH DFND 1 57451 0 0 MANTECH INTL CORP CL A CL A 564563104 1380 48000 SH DFND 2 48000 0 0 MARATHON OIL CORP COM 565849106 255 7300 SH DFND 1 7300 0 0 MARKEL CORP COM 570535104 5414 10456 SH DFND 1 10456 0 0 MARKEL CORP COM 570535104 15277 29505 SH DFND 2 29505 0 0 MARKET VECTORS ETF TR GAMING ETF COM 57060U829 8847 186612 SH DFND 1 186612 0 0 MARKET VECTORS ETF TR HG YLD MUN ET COM 57060U878 248 8497 SH DFND 1 8497 0 0 MARKET VECTORS ETF TR MKTVEC SMUNET COM 57060U803 2106 120291 SH DFND 1 120291 0 0 MARKET VECTORS ETF TR PRE-RF MUN ET COM 57060U738 430 17484 SH DFND 1 17484 0 0 MARKETAXESS HLDGS INC COM COM 57060D108 342 5700 SH DFND 2 5700 0 0 MARRIOTT INTL INC NEW CL A CL A 571903202 946 22499 SH DFND 1 22499 0 0 MARRIOTT VACATIONS WRLDWDE CCOM COM 57164Y107 387 8788 SH DFND 1 8788 0 0 MARVELL TECHNOLOGY GROUP ORD COM G5876H105 312 27138 SH DFND 1 27138 0 0 MASTERCARD INC CL A COM CL A 57636Q104 11976 17801 SH DFND 1 17801 0 0 MASTERCARD INC CL A COM CL A 57636Q104 12985 19300 SH DFND 2 19300 0 0 MCDERMOTT INTL INC COM 580037109 123 16547 SH DFND 1 16547 0 0 MCDONALDS CORP COM 580135101 958 9954 SH DFND 1 9954 0 0 MCEWEN MNG INC COM 58039P107 2188 911758 SH DFND 1 911758 0 0 MCEWEN MNG INC COM 58039P107 1793 746915 SH DFND 2 746915 0 0 MCGRAW HILL COMPANIES INC COM 580645109 524 7996 SH DFND 1 7996 0 0 MEDALLION FINL CORP COM 583928106 1482 99628 SH DFND 1 99628 0 0 MENTOR GRAPHICS CORP COM 587200106 345 14783 SH DFND 1 14783 0 0 MERCK & COMPANY COM 58933Y105 1529 32121 SH DFND 1 32121 0 0 MERCK & COMPANY COM 58933Y105 762 16000 SH DFND 2 16000 0 0 MERCURY GENL CORP NEW COM 589400100 378 7828 SH DFND 1 7828 0 0 MFS CALIF MUN FD COM 59318C106 175 17122 SH DFND 1 17122 0 0 MFS HIGH INCOME MUN TR SH BEN INT BEN INT 59318D104 474 102175 SH DFND 102175 0 0 MFS HIGH YIELD MUN TR SH BEN INT BEN INT 59318E102 237 57354 SH DFND 1 57354 0 0 MFS MUN INCOME TR SH BEN INT BEN INT 552738106 140 21811 SH DFND 1 21811 0 0 MGM RESORTS INTERNATIONAL COM 552953101 428 20946 SH DFND 1 20946 0 0 MGM RESORTS INTERNATIONAL COM 552953101 22037 1078110 SH DFND 2 1078110 0 0 MGM RESORTS INTERNATIONAL COM 552953101 1596 78080 SH DFND 3 78080 0 0 MICROSOFT COM 594918104 545 16388 SH DFND 1 16388 0 0 MOHAWK INDUSTRIES INC COM 608190104 338 2595 SH DFND 1 2595 0 0 MOLEX INC COM COM 608554101 336 8735 SH DFND 1 8735 0 0 MOLYCORP INC 3.250% 06/15/16 NOTE 608753AA7 1035 1500000 PRN DFND 2 1500000 0 0 MONDELEZ INTL INC COM COM 609207105 1410 44873 SH DFND 1 44873 0 0 MONSANTO CO NEW COM 61166W101 1272 12189 SH DFND 12189 0 0 MONSTER BEVERAGE CORP COM COM 611740101 316 6049 SH DFND 1 6049 0 0 MONTGOMERY STR INCOME SECS I COM 614115103 2630 167435 SH DFND 1 167435 0 0 MONTGOMERY STR INCOME SECS I COM 614115103 342 21800 SH DFND 2 21800 0 0 MORNINGSTAR INC COM COM 617700109 340 4289 SH DFND 1 4289 0 0 MOVADO GROUP INC COM 624580106 2838 64870 SH DFND 1 64870 0 0 MOVADO GROUP INC COM 624580106 2507 57300 SH DFND 2 57300 0 0 MSC INDL DIRECT INC CL A CL A 553530106 14815 182114 SH DFND 1 182114 0 0 NASDAQ OMX GROUP INCCOM COM 631103108 932 29022 SH DFND 1 29022 0 0 NASDAQ OMX GROUP INCCOM COM 631103108 206 6400 SH DFND 2 6400 0 0 NATIONAL INSTRS CORP COM COM 636518102 348 11239 SH DFND 1 11239 0 0 NAVISTAR INTL CONV 3.000% 10/15/14 NOTE 63934EAL2 1013 1000000 PRN DFND 2 1000000 0 0 NAVISTAR INTL CORP NEW COM 63934E108 323 8865 SH DFND 1 8865 0 0 NEUBERGER BERMAN INTER MUNI COM COM 64124P101 1304 93310 SH DFND 1 93310 0 0 NEUBERGER BERMAN NY INT MUN COM COM 64124K102 355 27378 SH DFND 1 27378 0 0 NEWMARKET CORP COM COM 651587107 460 1596 SH DFND 1 1596 0 0 NEWS CORP NEW CL A CL A 65249B109 334 20810 SH DFND 1 20810 0 0 NIKE INC CL B CL B 654106103 384 5292 SH DFND 1 5292 0 0 NORDSTROM INC COM 655664100 333 5929 SH DFND 1 5929 0 0 NORFOLK SOUTHN CORP COM 655844108 501 6479 SH DFND 1 6479 0 0 NORFOLK SOUTHN CORP COM 655844108 9215 119136 SH DFND 2 119136 0 0 NOVACOPPER INC COM COM 66988K102 186 98421 SH DFND 98421 0 0 NOVAGOLD RES INC COM NEW COM 66987E206 1716 739777 SH DFND 739777 0 0 NOVARTIS AG SPONSORED ADR ADR 66987V109 867 11300 SH DFND 1 11300 0 0 NOVARTIS AG SPONSORED ADR ADR 66987V109 1381 18000 SH DFND 2 18000 0 0 NOVO-NORDISK A S ADR ADR 670100205 262 1548 SH DFND 1 1548 0 0 NUVEEN AMT-FREE MUN FD COM COM 670657105 880 70435 SH DFND 1 70435 0 0 NUVEEN CA DIV ADV MUNI FD 3 SH BEN BEN INT 67070Y109 176 15119 SH DFND 1 15119 0 0 NUVEEN CA SELECT QUALITY MUNCOM COM 670975101 243 17420 SH DFND 1 17420 0 0 NUVEEN CALIF AMT-FREE MUN INC FD COM 670651108 235 19052 SH DFND 1 19052 0 0 NUVEEN CREDIT STRATEGIES INCOME FUN COM 67073D102 1237 132299 SH DFND 1 132299 0 0 NUVEEN DIV ADV MUNI FD 3 SH BEN INT BEN INT 67070X101 1020 80287 SH DFND 1 80287 0 0 NUVEEN DIV ADVANTAGE MUN FD COM 67070F100 658 50731 SH DFND 50731 0 0 NUVEEN DIVID ADVANTAGE COM 67071L106 371 29260 SH DFND 29260 0 0 NUVEEN DIVID ADVANTAGE MUN F COM 67066V101 2994 229767 SH DFND 229767 0 0 NUVEEN FLOATING RATE INCOME COM 67072T108 1628 136157 SH DFND 1 136157 0 0 NUVEEN FLTNG RTE INCM OPP FDCOM SHS COM 6706EN100 1686 136260 SH DFND 1 136260 0 0 NUVEEN FLTNG RTE INCM OPP FDCOM SHS COM 6706EN100 184 14900 SH DFND 3 14900 0 0 NUVEEN INS NY TX FR ADV MUN COM COM 670656107 1173 95872 SH DFND 95872 0 0 NUVEEN INVT QUALITY MUN FD I COM 67062E103 448 32475 SH DFND 1 32475 0 0 NUVEEN MTG OPPTY TERM FD 2 COM COM 67074R100 294 12236 SH DFND 1 12236 0 0 NUVEEN MUN ADVANTAGE FD INC COM 67062H106 639 51111 SH DFND 1 51111 0 0 NUVEEN MUN HIGH INC OPP FD COM COM 670682103 622 53299 SH DFND 53299 0 0 NUVEEN MUN MKT OPPORTUNITY F COM 67062W103 3030 247113 SH DFND 247113 0 0 NUVEEN MUN OPPORTUNITY COM 670984103 363 27921 SH DFND 27921 0 0 NUVEEN NY DIV ADVANTG MUN FD COM 67070A101 286 22548 SH DFND 1 22548 0 0 NUVEEN NY DIVID ADVNTG MUN F COM 67066X107 1476 114357 SH DFND 114357 0 0 NUVEEN NY PERFORM PLUS MUN F COM 67062R104 1778 129989 SH DFND 1 129989 0 0 NUVEEN PERFORM PLUS MUN FD COM 67062P108 11295 836030 SH DFND 836030 0 0 NUVEEN PREM INCOME MUN FD COM 67062T100 1218 95335 SH DFND 1 95335 0 0 NUVEEN PREM INCOME MUN FD 2 COM 67063W102 1849 141712 SH DFND 1 141712 0 0 NUVEEN PREM INCOME MUN FD 4.000% 00 COM 6706K4105 1970 165523 SH DFND 1 165523 0 0 NUVEEN PREMIER MUN INCOME FD COM 670988104 1058 82042 SH DFND 82042 0 0 NUVEEN QUALITY INCOME MUN FD COM 670977107 799 63401 SH DFND 1 63401 0 0 NUVEEN QUALITY MUN FD INC COM COM 67062N103 397 32285 SH DFND 1 32285 0 0 NUVEEN QUALITY PFD INCOME FD COM 67071S101 293 38818 SH DFND 38818 0 0 NUVEEN QUALITY PFD INCOME FD COM 67072C105 135 16492 SH DFND 16492 0 0 NUVEEN QUALITY PFD INCOME FD COM 67072W101 114 14470 SH DFND 14470 0 0 NUVEEN REAL ESTATE INCOME FD COM 67071B108 175 16582 SH DFND 1 16582 0 0 NUVEEN SELECT MAT MUN FD SH BEN INT BEN INT 67061T101 209 21500 SH Put DFND 1 21500 0 0 NUVEEN SR INCOME FD COM 67067Y104 3230 449811 SH DFND 1 449811 0 0 NUVEEN SR INCOME FD COM 67067Y104 78 10900 SH DFND 3 10900 0 0 NYSE EURONEXT COM COM 629491101 2418 57600 SH DFND 1 57600 0 0 NYSE EURONEXT COM COM 629491101 8912 212293 SH DFND 2 212293 0 0 OAKTREE CAP GROUP LLC UNIT CL A CL A 674001201 46174 882034 SH DFND 1 882034 0 0 OAKTREE CAP GROUP LLC UNIT CL A CL A 674001201 11485 219384 SH DFND 2 219384 0 0 OAKTREE CAP GROUP LLC UNIT CL A CL A 674001201 1495 28564 SH DFND 3 28564 0 0 OCH ZIFF CAP MGMT GROUP CL A CL A 67551U105 123 11200 SH DFND 11200 0 0 OCWEN FINL CORP COM NEW COM 675746309 329 5902 SH DFND 1 5902 0 0 ONCOTHYREON INC COM COM 682324108 67 32333 SH DFND 2 32333 0 0 OPKO HEALTH INC COM COM 68375N103 517 58705 SH DFND 1 58705 0 0 OPKO HEALTH INC COM COM 68375N103 181 20600 SH DFND 2 20600 0 0 OSIRIS THERAPEUTICS INC NEW COM COM 68827R108 266 16000 SH DFND 2 16000 0 0 PACIFIC BIOSCIENCES CALIF INCOM COM 69404D108 66 12000 SH DFND 2 12000 0 0 PAIN THERAPEUTICS INC COM COM 69562K100 103 38000 SH DFND 2 38000 0 0 PALL CORP COM 696429307 2377 30851 SH DFND 1 30851 0 0 PAYCHEX INC COM 704326107 335 8248 SH DFND 1 8248 0 0 PCM FUND INC COM 69323T101 5243 457908 SH DFND 457908 0 0 PEABODY ENERGY CORP 4.750% 12/15/41 NOTE 704549AG9 461 574000 PRN DFND 1 574000 0 0 PEGASYSTEMS INC COM COM 705573103 342 8590 SH DFND 1 8590 0 0 PENN NATL GAMING INC COM COM 707569109 329 5938 SH DFND 1 5938 0 0 PENN WEST PETROLEUM LTD COM 707887105 2151 193233 SH DFND 193233 0 0 PENNEY J C INC COM 708160106 196 22248 SH DFND 1 22248 0 0 PENNEY J C INC COM 708160106 2205 250416 SH DFND 2 250416 0 0 PENSKE AUTOMOTIVE GRP INC COM COM 70959W103 2844 66568 SH DFND 1 66568 0 0 PENSKE AUTOMOTIVE GRP INC COM COM 70959W103 1654 38700 SH DFND 2 38700 0 0 PEPSICO INC COM 713448108 1867 23486 SH DFND 1 23486 0 0 PETROCHINA CO LTD SPONS ADR ISIN ADR 71646E100 1017 9250 SH DFND 1 9250 0 0 PFIZER INC COM 717081103 364 12665 SH DFND 1 12665 0 0 PFIZER INC COM 717081103 1321 46000 SH DFND 2 46000 0 0 PHARMACYCLICS INC COM COM 716933106 387 2801 SH DFND 1 2801 0 0 PHILIP MORRIS INTL INC COM COM 718172109 13318 153808 SH DFND 1 153808 0 0 PHILIP MORRIS INTL INC COM COM 718172109 851 9826 SH DFND 2 9826 0 0 PIMCO CALIF MUN INCOME FD II COM 72201C109 112 11931 SH DFND 1 11931 0 0 PIMCO CORPORATE INCOME FD COM COM 72200U100 773 46293 SH DFND 1 46293 0 0 PIMCO CORPORATE OPP FD COM COM 72201B101 717 39715 SH DFND 39715 0 0 PIMCO DYNAMIC CR INCOME FD COM SHS COM 72202D106 8689 390511 SH DFND 1 390511 0 0 PIMCO DYNAMIC CR INCOME FD COM SHS COM 72202D106 412 18500 SH DFND 2 18500 0 0 PIMCO DYNAMIC INCOME FD SHS COM 72201Y101 10443 363983 SH DFND 1 363983 0 0 PIMCO DYNAMIC INCOME FD SHS COM 72201Y101 637 22200 SH DFND 2 22200 0 0 PIMCO ETF TR ENHAN SHRT MAT COM 72201R833 245 2420 SH DFND 1 2420 0 0 PIMCO ETF TR ENHAN SHRT MAT COM 72201R833 228 2250 SH DFND 2 2250 0 0 PIMCO ETF TR SHTRM MUN BOND COM 72201R874 200 4000 SH DFND 1 4000 0 0 PIMCO ETF TR TOTL RETN ETF COM 72201R775 760 7180 SH DFND 1 7180 0 0 PIMCO ETF TR TOTL RETN ETF COM 72201R775 1313 12400 SH DFND 2 12400 0 0 PIMCO INCOME OPPORTUNITY FD COM 72202B100 12749 463753 SH DFND 1 463753 0 0 PIMCO INCOME OPPORTUNITY FD COM 72202B100 265 9650 SH DFND 2 9650 0 0 PIMCO INCOME OPPORTUNITY FD COM 72202B100 311 11300 SH DFND 3 11300 0 0 PIMCO INCOME STRATEGY FUND COM 72201H108 6206 536413 SH Put DFND 1 536413 0 0 PIMCO INCOME STRATEGY FUND COM 72201H108 355 30700 SH DFND 3 30700 0 0 PIMCO INCOME STRATEGY FUND II COM 72201J104 14001 1372649 SH DFND 1 1372649 0 0 PIMCO INCOME STRATEGY FUND II COM 72201J104 406 39800 SH DFND 3 39800 0 0 PIMCO MUN INCOME FD II COM 72200W106 345 31273 SH DFND 1 31273 0 0 PIMCO NEW YORK MUN INCM FD 1 COM 72201E105 158 17000 SH DFND 1 17000 0 0 PIMCO NY MUNICIPAL INCOME FD COM 72200T103 1436 138456 SH DFND 1 138456 0 0 PIONEER FLOATING RATE TR COM 72369J102 1582 126034 SH DFND 126034 0 0 PIONEER MUN HIGH INCOME TR SHS COM 723763108 184 13000 SH DFND 1 13000 0 0 PRESTIGE BRANDS HLDGS INC COM COM 74112D101 3122 103647 SH DFND 1 103647 0 0 PRICE T ROWE GROUP INC COM 74144T108 216 3000 SH DFND 2 3000 0 0 PRICESMART INC COM COM 741511109 342 3586 SH DFND 1 3586 0 0 PROCTER & GAMBLE COMPANY COM 742718109 845 11183 SH DFND 1 11183 0 0 PROGENICS PHARMACEUTICALS INCOM COM 743187106 337 67200 SH DFND 2 67200 0 0 PROGRESSIVE CORP OF OHIO COM 743315103 1310 48118 SH DFND 1 48118 0 0 PROMOTORA DE INFORMACIONES SADR CL ADR CL A 74343G204 134 79319 SH DFND 1 79319 0 0 PROMOTORA DE INFORMACIONES SADR CL ADR CL A 74343G303 314 168627 SH DFND 1 168627 0 0 PROMOTORA DE INFORMACIONES SADR CL A SHS ADR CL A 74343G204 149 88060 SH DFND 2 88060 0 0 PROMOTORA DE INFORMACIONES SADR CL B CONV ADR CL B 74343G303 469 251600 SH DFND 2 251600 0 0 PUTMAN HIGH INCOME SEC FUND SHS BEN BEN INT 746779107 89 11248 SH DFND 1 11248 0 0 PUTNAM MANAGED MUN INCOM TR COM 746823103 356 51993 SH DFND 1 51993 0 0 PUTNAM MUN OPPORTUNITIES TR SH BEN BEN INT 746922103 860 78644 SH DFND 1 78644 0 0 PUTNAM PREMIER INCOME TR SH BEN INT BEN INT 746853100 94 17938 SH DFND 1 17938 0 0 QUALCOMM INC COM 747525103 367 5449 SH DFND 1 5449 0 0 QUALCOMM INC COM 747525103 471 7000 SH DFND 2 7000 0 0 QUEST DIAGNOSTICS INC COM 74834L100 411 6650 SH DFND 1 6650 0 0 RACKSPACE HOSTING INC COM COM 750086100 332 6299 SH DFND 1 6299 0 0 RALPH LAUREN CORP CL A CL A 751212101 332 2018 SH DFND 1 2018 0 0 RAYMOND JAMES FINANCIAL INC COM 754730109 324 7779 SH DFND 1 7779 0 0 RAYTHEON CO NEW COM 755111507 682 8850 SH DFND 1 8850 0 0 REALPAGE INC COM COM 75606N109 333 14418 SH DFND 1 14418 0 0 REGIS CORP 5.000% 07/15/14 NOTE 758932AA5 8618 7830000 PRN DFND 1 7830000 0 0 REGIS CORP 5.000% 07/15/14 NOTE 758932AA5 1434 1303000 PRN DFND 2 1303000 0 0 REYNOLDS AMERN INC COM 761713106 598 12264 SH DFND 1 12264 0 0 RITCHIE BROS AUCTIONEERS COM 767744105 242 12000 SH DFND 2 12000 0 0 ROCKWELL INTL CORP NEW COM 773903109 937 8763 SH DFND 1 8763 0 0 ROLLINS INC COM COM 775711104 346 13049 SH DFND 1 13049 0 0 ROUSE PPTYS INC COM COM 779287101 92267 4483320 SH DFND 1 4483320 0 0 ROUSE PPTYS INC COM COM 779287101 65949 3204528 SH DFND 2 3204528 0 0 ROUSE PPTYS INC COM COM 779287101 3478 169000 SH DFND 3 169000 0 0 ROYAL CARIBBEAN CRUISES LTD COM V7780T103 1048 27365 SH DFND 1 27365 0 0 ROYAL DUTCH SHELL PLC SPONSORED ADR ADR 780259206 891 13563 SH DFND 1 13563 0 0 ROYAL GOLD INC 2.875% 06/15/19 NOTE 780287AA6 8149 8500000 PRN DFND 1 8500000 0 0 ROYAL GOLD INC 2.875% 06/15/19 NOTE 780287AA6 2890 3014000 PRN DFND 2 3014000 0 0 RPC INC COM COM 749660106 343 22185 SH DFND 1 22185 0 0 RYDEX ETF TRUST S&P 500 EQ TRD COM 78355W106 278 4259 SH DFND 1 4259 0 0 SALESFORCE COM INC COM 79466L302 333 6407 SH DFND 1 6407 0 0 SANOFI AVENTIS CONTGNT VAL RT RTS 80105N113 32 15940 SH DFND 15940 0 0 SANOFI SPONSORED ADR ADR 80105N105 1316 26000 SH DFND 2 26000 0 0 SCHLUMBERGER COM 806857108 829 9382 SH DFND 1 9382 0 0 SCHWAB CHARLES CORP NEW COM 808513105 336 15881 SH DFND 1 15881 0 0 SCOTTS MIRACLE GRO CO CL A CL A 810186106 335 6093 SH DFND 1 6093 0 0 SCRIPPS E W CO OHIO CL A CL A 811054402 1484 80879 SH DFND 1 80879 0 0 SCRIPPS E W CO OHIO CL A CL A 811054402 1422 77500 SH DFND 2 77500 0 0 SCRIPPS NETWORKS INTERACT INCL A CL A 811065101 7701 98593 SH DFND 1 98593 0 0 SCRIPPS NETWORKS INTERACT INCL A CL A 811065101 18198 232973 SH DFND 2 232973 0 0 SEABOARD CORP DEL COM 811543107 357 130 SH DFND 130 0 0 SEALED AIR CORP NEW COM 81211K100 835 30725 SH DFND 1 30725 0 0 SEARS HLDGS CORP COM COM 812350106 136796 2299473 SH DFND 1 2299473 0 0 SEARS HLDGS CORP COM COM 812350106 70227 1180492 SH DFND 2 1180492 0 0 SEARS HLDGS CORP COM COM 812350106 3642 61220 SH DFND 3 61220 0 0 SEARS HOMETOWN AND OUTLET ST COM 812362101 11621 366002 SH DFND 1 366002 0 0 SEARS HOMETOWN AND OUTLET ST COM 812362101 11121 350283 SH DFND 2 350283 0 0 SEARS HOMETOWN AND OUTLET ST COM 812362101 742 23367 SH DFND 3 23367 0 0 SHIRE PHARMACEUTICALS GR PLCSPONSORED ADR ADR 82481R106 719 6000 SH DFND 2 6000 0 0 SIGMA ALDRICH CORP COM 826552101 3690 43257 SH DFND 1 43257 0 0 SIGMA ALDRICH CORP COM 826552101 19872 232963 SH DFND 2 232963 0 0 SIMCERE PHARMACEUTICAL GROUPSPON ADR ADR 82859P104 454 48000 SH DFND 2 48000 0 0 SIMON PPTY GROUP INC NEW COM 828806109 374 2520 SH DFND 1 2520 0 0 SONOCO PRODUCTS COM 835495102 1075 27600 SH DFND 1 27600 0 0 SOTHEBYS DE COM COM 835898107 2872 58448 SH DFND 58448 0 0 SPDR GOLD TRUST GOLD SHS COM 78463V107 221 1722 SH DFND 1 1722 0 0 SPDR INDEX SHS FDS S&P CHINA ETF COM 78463X400 1523 20575 SH DFND 1 20575 0 0 SPDR SERIES TRUST BARC CAPTL ETF COM 78464A474 738 24000 SH DFND 2 24000 0 0 SPDR SERIES TRUST BRCLY CP US BD COM 78464A276 512 9541 SH DFND 1 9541 0 0 STANDARD & POORS DEPOSITARY RECEIPT COM 78462F103 600 3573 SH DFND 1 3573 0 0 STARBUCKS CORP COM 855244109 346 4492 SH DFND 1 4492 0 0 STARZ COM 85571Q102 136597 4855937 SH DFND 1 4855937 0 0 STARZ COM 85571Q102 77404 2751648 SH DFND 2 2751648 0 0 STARZ COM 85571Q102 3677 130700 SH DFND 3 130700 0 0 STRAIGHT PATH COMMUNICATNS ICL B CL B 862578101 55 10439 SH DFND 10439 0 0 SUNCOR ENERGY INC NEW COM ISIN COM 867224107 3784 105764 SH DFND 1 105764 0 0 SUNCOR ENERGY INC NEW COM ISIN COM 867224107 7154 199956 SH DFND 2 199956 0 0 SUNCOR ENERGY INC NEW COM ISIN COM 867224107 801 22400 SH DFND 3 22400 0 0 SUSSER HLDGS CORP COM COM 869233106 3178 59798 SH DFND 1 59798 0 0 SUSSER HLDGS CORP COM COM 869233106 5602 105400 SH DFND 2 105400 0 0 SUSSER PETE PARTNERS LP COM U REP L COM 869239103 1584 52584 SH DFND 1 52584 0 0 SYNTEL INC COM COM 87162H103 342 4269 SH DFND 1 4269 0 0 TAKE-TWO INTERACTIVE SOFTWAR COM 874054109 361 19885 SH DFND 1 19885 0 0 TAL INTL GROUP INC COM COM 874083108 353 7556 SH DFND 1 7556 0 0 TATA MTRS LTD SPONSORED ADR ADR 876568502 14415 541525 SH DFND 2 541525 0 0 TAUBMAN CTRS INC COM COM 876664103 331 4924 SH DFND 1 4924 0 0 TELEFLEX INC COM 879369106 551 6701 SH DFND 1 6701 0 0 TELETECH HOLDINGS INC COM COM 879939106 333 13285 SH DFND 1 13285 0 0 TEMPLETON EMERG MKTS INCOME COM 880192109 986 69078 SH DFND 1 69078 0 0 TESLA MTRS INC COM COM 88160R101 357 1844 SH DFND 1 1844 0 0 TEVA PHARMACEUTICAL INDS LTDADR ADR 881624209 357 9460 SH DFND 1 9460 0 0 TEXAS PACIFIC LAND TRUST SUB SHARES CERT SUB SHARES CERT 882610108 33407 395208 SH DFND 1 395208 0 0 TEXAS PACIFIC LAND TRUST SUB SHARES CERT SUB SHARES CERT 882610108 70853 838200 SH DFND 2 838200 0 0 TEXAS PACIFIC LAND TRUST SUB SHARES CERT SUB SHARES CERT 882610108 9279 109770 SH DFND 3 109770 0 0 TIME WARNER INC COM NEW COM 887317303 12924 196390 SH DFND 1 196390 0 0 TIME WARNER INC COM NEW COM 887317303 5067 77000 SH DFND 2 77000 0 0 TIME WARNER INC COM NEW COM 887317303 211 3208 SH DFND 3 3208 0 0 TOOTSIE ROLL INDS INC COM COM 890516107 348 11289 SH DFND 1 11289 0 0 TRANSOCEAN LTD ZUG NAMEN AKT COM H8817H100 355 7977 SH DFND 1 7977 0 0 TREE COM INC COM COM 894675107 258 9833 SH DFND 2 9833 0 0 TWENTY FIRST CENTY FOX INC CL A CL A 90130A101 390 11641 SH DFND 1 11641 0 0 UNDER ARMOUR INC CL A CL A 904311107 345 4338 SH DFND 1 4338 0 0 UNION PACIFIC CORP COM COM 907818108 917 5900 SH DFND 1 5900 0 0 UNION PACIFIC CORP COM COM 907818108 14320 92187 SH DFND 2 92187 0 0 UNITED PARCEL SVC INC CL B CL B 911312106 372 4067 SH DFND 1 4067 0 0 URBAN OUTFITTERS INC COM 917047102 326 8875 SH DFND 1 8875 0 0 URSTADT BIDDLE PPTYS INS CL A CL A 917286205 693 34864 SH DFND 34864 0 0 VALHI INC NEW COM COM 918905100 5595 280323 SH DFND 1 280323 0 0 VALHI INC NEW COM COM 918905100 1228 61500 SH DFND 2 61500 0 0 VALMONT INDS INC COM 920253101 476 3429 SH DFND 1 3429 0 0 VANGUARD INDEX FDS EXTEND MKT ETF COM 922908652 598 7760 SH DFND 1 7760 0 0 VEECO INSTRS INC DEL COM 922417100 408 10950 SH DFND 1 10950 0 0 VERISK ANALYTICS INC CL A CL A 92345Y106 500 7700 SH DFND 2 7700 0 0 VERIZON COMMUNICATIONS COM 92343V104 522 11192 SH DFND 1 11192 0 0 VIACOM INC NEW CL B CL B 92553P201 97179 1162712 SH DFND 1 1162712 0 0 VIACOM INC NEW CL B CL B 92553P201 54852 656280 SH DFND 2 656280 0 0 VIACOM INC NEW CL B CL B 92553P201 1540 18424 SH DFND 3 18424 0 0 VIASAT INC COM 92552V100 6807 106964 SH DFND 1 106964 0 0 VIASAT INC COM 92552V100 8041 126349 SH DFND 2 126349 0 0 VICAL INC COM COM 925602104 106 84500 SH DFND 2 84500 0 0 VIROPHARMA INC COM COM 928241108 746 19000 SH DFND 2 19000 0 0 VIRTUS INVT PARTNERS INC COM COM 92828Q109 8098 49790 SH DFND 1 49790 0 0 VISA INC COM CL A CL A 92826C839 17600 92098 SH DFND 2 92098 0 0 VODAFONE GROUP PLC NEW SPONS ADR NE COM 92857W209 1376 39109 SH DFND 1 39109 0 0 VORNADO RLTY TR SBI COM 929042109 5794 68930 SH DFND 1 68930 0 0 VORNADO RLTY TR SBI COM 929042109 11714 139348 SH DFND 2 139348 0 0 W & T OFFSHORE INC COM COM 92922P106 339 19147 SH DFND 1 19147 0 0 W P CAREY INC COM 92936U109 239 3700 SH DFND 3700 0 0 WEBMD HEALTH CORP 2.250% 03/31/16 NOTE 94770VAH5 392 400000 PRN DFND 2 400000 0 0 WEBMD HEALTH CORP CONV 2.500% 01/31/18 NOTE 94770VAF9 20111 21352000 PRN DFND 1 21352000 0 0 WEBMD HEALTH CORP CONV 2.500% 01/31/18 NOTE 94770VAF9 4592 4875000 PRN DFND 2 4875000 0 0 WELLS FARGO & CO NEW PERP PFD CNV A PERP PFD CONV A 949746804 1858 1633 SH DFND 1 1633 0 0 WENDYS COMPANY COM 95058W100 136065 16045441 SH DFND 1 16045441 0 0 WENDYS COMPANY COM 95058W100 94202 11108692 SH DFND 2 11108692 0 0 WENDYS COMPANY COM 95058W100 5260 620300 SH DFND 3 620300 0 0 WERNER ENTERPRISES INC COM 950755108 337 14449 SH DFND 1 14449 0 0 WESTERN ASSET HIGH INCM OPP COM 95766K109 802 134414 SH DFND 1 134414 0 0 WESTERN ASSET HIGH INCM OPP COM 95766K109 140 23507 SH DFND 3 23507 0 0 WESTERN ASSET MTG DEF OPPTY COM COM 95790B109 4034 179305 SH DFND 1 179305 0 0 WESTERN ASSET MTG DEF OPPTY COM COM 95790B109 439 19500 SH DFND 2 19500 0 0 WESTERN ASSETT MGD HI INCM FCOM COM 95766L107 110 19400 SH DFND 1 19400 0 0 WESTERN ASSETT MGD HI INCM FCOM COM 95766L107 57 10000 SH DFND 3 10000 0 0 WESTERN REFNG INC COM COM 959319104 350 11649 SH DFND 1 11649 0 0 WESTLAKE CHEM CORP COM COM 960413102 338 3233 SH DFND 1 3233 0 0 WHITE MOUNTAINS INSURANCE GROUP LTD ISIN COM G9618E107 2286 4027 SH DFND 1 4027 0 0 WHITE MOUNTAINS INSURANCE GROUP LTD ISIN COM G9618E107 5052 8900 SH DFND 2 8900 0 0 WHITE MOUNTAINS INSURANCE GROUP LTD ISIN COM G9618E107 1078 1900 SH DFND 3 1900 0 0 WIDEPOINT CORP COM COM 967590100 34 38162 SH DFND 2 38162 0 0 WILLIAMS COS INC COM 969457100 9668 265901 SH DFND 1 265901 0 0 WINTHROP RLTY TR SH BEN INT NEW BEN INT 976391300 3457 310015 SH DFND 1 310015 0 0 WINTHROP RLTY TR SH BEN INT NEW BEN INT 976391300 5615 503600 SH DFND 2 503600 0 0 WINTHROP RLTY TR SH BEN INT NEW BEN INT 976391300 328 29400 SH DFND 3 29400 0 0 WISDOMTREE INVTS INC COM 97717P104 12449 1073064 SH DFND 1 1073064 0 0 WISDOMTREE INVTS INC COM 97717P104 15035 1296015 SH DFND 2 1296015 0 0 WISDOMTREE INVTS INC COM 97717P104 3394 292600 SH DFND 3 292600 0 0 WISDOMTREE TRUST INDIA ERNGS FD COM 97717W422 522 34100 SH DFND 1 34100 0 0 WPX ENERGY INC COM COM 98212B103 32401 1682302 SH DFND 1 1682302 0 0 WPX ENERGY INC COM COM 98212B103 1618 84024 SH DFND 2 84024 0 0 WYNN RESORTS LTD COM 983134107 44242 279997 SH DFND 1 279997 0 0 WYNN RESORTS LTD COM 983134107 35782 226455 SH DFND 2 226455 0 0 WYNN RESORTS LTD COM 983134107 1485 9400 SH DFND 3 9400 0 0 YAHOO INC COM 984332106 363 10933 SH DFND 1 10933 0 0 YAHOO INC COM 984332106 1858 56000 SH DFND 2 56000 0 0