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
ACADIA HEALTHCARE COMPANY IN COM 00404A109 152,033 4,350,000 SH   DFND 01,02 0 4,350,000 0
ADVANCED MICRO DEVICES INC NOTE 2.125% 9/0 007903BD8 9,679 2,500,000 PRN   DFND 01,02 0 2,500,000 0
ALCOA CORP COM 013872106 58,525 2,500,000 SH Call DFND 01,02 0 2,500,000 0
ALTABA INC COM 021346101 314,295 4,530,712 SH   DFND 01,02 0 4,530,712 0
APPLE INC COM 037833100 257,296 1,300,000 SH Put DFND 01,02 0 1,300,000 0
ARCONIC INC COM 03965L100 1,340,113 51,902,133 SH   DFND 01,02 0 51,902,133 0
B RILEY FINL INC COM 05580M108 48,113 2,306,450 SH   DFND 01,02 0 2,306,450 0
BOEING CO COM 097023105 109,203 300,000 SH Put DFND 01,02 0 300,000 0
CITRIX SYS INC COM 177376100 597,771 6,091,000 SH   DFND 01,02 0 6,091,000 0
CITRIX SYS INC COM 177376100 49,070 500,000 SH Call DFND 01,02 0 500,000 0
COLUMBIA PPTY TR INC COM NEW 198287203 965 46,517 SH   DFND 01,02 0 46,517 0
COMMSCOPE HLDG CO INC COM 20337X109 4,837 307,500 SH   DFND 01,02 0 307,500 0
COMMUNITY HEALTH SYS INC NEW COM 203668108 12,015 4,500,000 SH   DFND 01,02 0 4,500,000 0
CORMEDIX INC COM 21900C308 7,475 833,373 SH   DFND 01,02 0 833,373 0
DELL TECHNOLOGIES INC CL C 24703L202 653,335 12,860,919 SH   DFND 01,02 0 12,860,919 0
DELL TECHNOLOGIES INC CL C 24703L202 190,500 3,750,000 SH Call DFND 01,02 0 3,750,000 0
DEVON ENERGY CORP NEW COM 25179M103 499,813 17,525,000 SH   DFND 01,02 0 17,525,000 0
DIGITAL RLTY TR INC COM 253868103 58,895 500,000 SH Put DFND 01,02 0 500,000 0
DISH NETWORK CORP NOTE 2.375% 3/1 25470MAD1 137,837 148,700,000 PRN   DFND 01,02 0 148,700,000 0
DISH NETWORK CORP NOTE 3.375% 8/1 25470MAB5 156,763 160,800,000 PRN   DFND 01,02 0 160,800,000 0
DXC TECHNOLOGY CO COM 23355L106 121,330 2,200,000 SH   DFND 01,02 0 2,200,000 0
EBAY INC COM 278642103 98,750 2,500,000 SH Call DFND 01,02 0 2,500,000 0
EBAY INC COM 278642103 391,050 9,900,000 SH   DFND 01,02 0 9,900,000 0
ELEMENT SOLUTIONS INC COM 28618M106 113,236 10,951,281 SH   DFND 01,02 0 10,951,281 0
EQUINIX INC COM 29444U700 100,858 200,000 SH Put DFND 01,02 0 200,000 0
FIRSTENERGY CORP COM 337932107 1,072,119 25,043,653 SH   DFND 01,02 0 25,043,653 0
FOX CORP CL A COM 35137L105 147,993 4,039,112 SH   DFND 01,02 0 4,039,112 0
GENESEE & WYO INC CL A 371559105 6,250 62,500 SH   DFND 01,02 0 62,500 0
HESS CORP COM 42809H107 1,033,290 16,254,358 SH   DFND 01,02 0 16,254,358 0
INTERNATIONAL SPEEDWAY CORP CL A 460335201 52,801 1,176,227 SH   DFND 01,02 0 1,176,227 0
INVESCO QQQ TR UNIT SER 1 46090E103 1,772,163 9,490,000 SH Put DFND 01,02 0 9,490,000 0
INVESCO QQQ TR UNIT SER 1 46090E103 560,220 3,000,000 SH Call DFND 01,02 0 3,000,000 0
ISHARES TR IBOXX HI YD ETF 464288513 57,835 663,400 SH   DFND 01,02 0 663,400 0
ISHARES TR IBOXX HI YD ETF 464288513 523,080 6,000,000 SH Call DFND 01,02 0 6,000,000 0
MACERICH CO COM 554382101 13,740 410,268 SH   DFND 01,02 0 410,268 0
MARATHON PETE CORP COM 56585A102 257,048 4,600,000 SH   DFND 01,02 0 4,600,000 0
MARATHON PETE CORP COM 56585A102 69,850 1,250,000 SH Call DFND 01,02 0 1,250,000 0
MARRIOTT INTL INC NEW CL A 571903202 70,145 500,000 SH Put DFND 01,02 0 500,000 0
NIELSEN HLDGS PLC SHS EUR G6518L108 316,400 14,000,000 SH   DFND 01,02 0 14,000,000 0
NIELSEN HLDGS PLC SHS EUR G6518L108 67,800 3,000,000 SH Call DFND 01,02 0 3,000,000 0
OPUS BK IRVINE CALIF COM 684000102 114,398 5,419,153 SH   DFND 01,02 0 5,419,153 0
PEABODY ENERGY CORP NEW COM 704551100 678,805 28,166,201 SH   DFND 01,02 0 28,166,201 0
PRA GROUP INC NOTE 3.500% 6/0 69354NAB2 1,406 1,500,000 PRN   DFND 01,02 0 1,500,000 0
QEP RES INC COM 74733V100 84,591 11,700,000 SH   DFND 01,02 0 11,700,000 0
ROADRUNNER TRNSN SVCS HLDG I COM NEW 76973Q204 324,570 33,986,394 SH   DFND 01,02 0 33,986,394 0
ROAN RES INC CL A COM 769755109 28,411 16,328,020 SH   DFND 01,02 0 16,328,020 0
SANOFI RIGHT 12/31/2020 80105N113 10,623 20,428,961 SH   DFND 01,02 0 20,428,961 0
SAP SE SPON ADR 803054204 102,600 750,000 SH   DFND 01,02 0 750,000 0
SELECT SECTOR SPDR TR ENERGY 81369Y506 318,550 5,000,000 SH Put DFND 01,02 0 5,000,000 0
SELECT SECTOR SPDR TR SBI INT-UTILS 81369Y886 119,260 2,000,000 SH Put DFND 01,02 0 2,000,000 0
SELECT SECTOR SPDR TR SBI HEALTHCARE 81369Y209 138,960 1,500,000 SH Call DFND 01,02 0 1,500,000 0
SELECT SECTOR SPDR TR SBI HEALTHCARE 81369Y209 196,765 2,123,971 SH   DFND 01,02 0 2,123,971 0
SELECT SECTOR SPDR TR SBI HEALTHCARE 81369Y209 297,374 3,210,000 SH Put DFND 01,02 0 3,210,000 0
SPDR SERIES TRUST S&P OILGAS EXP 78464A730 533,010 19,560,000 SH Put DFND 01,02 0 19,560,000 0
SPEEDWAY MOTORSPORTS INC COM 847788106 10,772 580,701 SH   DFND 01,02 0 580,701 0
SUNSTONE HOTEL INVS INC NEW COM 867892101 9,824 716,536 SH   DFND 01,02 0 716,536 0
TESLA INC NOTE 1.250% 3/0 88160RAC5 2,852 3,000,000 PRN   DFND 01,02 0 3,000,000 0
U S WELL SVCS INC CL A 91274U101 841 174,550 SH   DFND 01,02 0 174,550 0
U S WELL SVCS INC *W EXP 03/15/202 91274U119 934 1,475,000 SH   DFND 01,02 0 1,475,000 0
VANECK VECTORS ETF TR OIL SVCS ETF 92189F718 14,820 1,000,000 SH Put DFND 01,02 0 1,000,000 0
VANGUARD INDEX FDS REAL ESTATE ETF 922908553 393,300 4,500,000 SH Put DFND 01,02 0 4,500,000 0
VORNADO RLTY TR SH BEN INT 929042109 32,486 506,803 SH   DFND 01,02 0 506,803 0
ZIONS BANCORPORATION *W EXP 5/22/202 989701115 4,648 350,000 SH   DFND 01,02 0 350,000 0