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
AMERICAN AIRLS GROUP INC COM 02376R102 961,987 22,742,000 SH   DFND 4 22,742,000 0 0
AMERICAN AIRLS GROUP INC COM 02376R102 1,048,069 24,777,054 SH   DFND 4,8,11 24,777,054 0 0
AMERICAN AIRLS GROUP INC COM 02376R102 74,440 1,759,800 SH   DFND 4,11 1,759,800 0 0
AMERICAN EXPRESS CO COM 025816109 154,434 1,952,142 SH   DFND 4 1,952,142 0 0
AMERICAN EXPRESS CO COM 025816109 1,362,701 17,225,400 SH   DFND 4,5 17,225,400 0 0
AMERICAN EXPRESS CO COM 025816109 66,439 839,832 SH   DFND 4,7 839,832 0 0
AMERICAN EXPRESS CO COM 025816109 162,737 2,057,100 SH   DFND 4,8,11 2,057,100 0 0
AMERICAN EXPRESS CO COM 025816109 632,455 7,994,634 SH   DFND 4,10 7,994,634 0 0
AMERICAN EXPRESS CO COM 025816109 9,504,424 120,141,879 SH   DFND 4,11 120,141,879 0 0
AMERICAN EXPRESS CO COM 025816109 110,731 1,399,713 SH   DFND 4,13 1,399,713 0 0
APPLE INC COM 037833100 101,999 710,000 SH   DFND 4 710,000 0 0
APPLE INC COM 037833100 137,914 960,000 SH   DFND 1,2,4,11 960,000 0 0
APPLE INC COM 037833100 2,004,201 13,951,000 SH   DFND 4,5 13,951,000 0 0
APPLE INC COM 037833100 97,832 681,000 SH   DFND 4,6 681,000 0 0
APPLE INC COM 037833100 2,210,316 15,385,747 SH   DFND 4,8,11 15,385,747 0 0
APPLE INC COM 037833100 436,439 3,038,000 SH   DFND 4,5,9 3,038,000 0 0
APPLE INC COM 037833100 1,717,886 11,958,000 SH   DFND 4,10 11,958,000 0 0
APPLE INC COM 037833100 11,643,838 81,051,359 SH   DFND 4,11 81,051,359 0 0
APPLE INC COM 037833100 97,401 678,000 SH   DFND 4,12 678,000 0 0
APPLE INC COM 037833100 135,615 944,000 SH   DFND 4,14 944,000 0 0
BANK OF NEW YORK MELLON CORP COM 064058100 354,756 7,511,249 SH   DFND 4 7,511,249 0 0
BANK OF NEW YORK MELLON CORP COM 064058100 84,727 1,793,915 SH   DFND 2,4,11 1,793,915 0 0
BANK OF NEW YORK MELLON CORP COM 064058100 11,477 243,000 SH   DFND 4,5 243,000 0 0
BANK OF NEW YORK MELLON CORP COM 064058100 290,955 6,160,384 SH   DFND 4,8,11 6,160,384 0 0
BANK OF NEW YORK MELLON CORP COM 064058100 246,924 5,228,111 SH   DFND 4,5,9 5,228,111 0 0
BANK OF NEW YORK MELLON CORP COM 064058100 570,321 12,075,400 SH   DFND 4,11 12,075,400 0 0
CHARTER COMMUNICATIONS INC N CL A 16119P108 868,850 2,654,437 SH   DFND 4 2,654,437 0 0
CHARTER COMMUNICATIONS INC N CL A 16119P108 2,222,193 6,789,054 SH   DFND 4,8,11 6,789,054 0 0
COCA COLA CO COM 191216100 33,952 800,000 SH   DFND 4 800,000 0 0
COCA COLA CO COM 191216100 3,407,219 80,283,200 SH   DFND 4,5 80,283,200 0 0
COCA COLA CO COM 191216100 77,411 1,824,000 SH   DFND 4,6 1,824,000 0 0
COCA COLA CO COM 191216100 611,611 14,411,200 SH   DFND 4,8,11 14,411,200 0 0
COCA COLA CO COM 191216100 636,193 14,990,400 SH   DFND 4,10 14,990,400 0 0
COCA COLA CO COM 191216100 12,018,125 283,179,200 SH   DFND 4,11 283,179,200 0 0
COCA COLA CO COM 191216100 150,747 3,552,000 SH   DFND 4,12 3,552,000 0 0
COCA COLA CO COM 191216100 40,742 960,000 SH   DFND 4,13 960,000 0 0
COSTCO WHSL CORP NEW COM 22160K105 726,662 4,333,363 SH   DFND 4,11 4,333,363 0 0
DAVITA HEALTHCARE PARTNERS I COM 23918K108 1,362,940 20,052,088 SH   DFND 4 20,052,088 0 0
DAVITA HEALTHCARE PARTNERS I COM 23918K108 1,258,361 18,513,482 SH   DFND 4,8,11 18,513,482 0 0
DELTA AIR LINES INC DEL COM NEW 247361702 4,195 91,277 SH   DFND 4 91,277 0 0
DELTA AIR LINES INC DEL COM NEW 247361702 363,485 7,908,723 SH   DFND 4,8,11 7,908,723 0 0
DELTA AIR LINES INC DEL COM NEW 247361702 2,161,315 47,025,995 SH   DFND 4,11 47,025,995 0 0
GENERAL ELECTRIC CO COM 369604103 17,549 588,900 SH   DFND 4 588,900 0 0
GENERAL ELECTRIC CO COM 369604103 15,959 535,532 SH   DFND 4,5 535,532 0 0
GENERAL ELECTRIC CO COM 369604103 148,949 4,998,302 SH   DFND 4,8,11 4,998,302 0 0
GENERAL ELECTRIC CO COM 369604103 1,064 35,702 SH   DFND 4,10 35,702 0 0
GENERAL ELECTRIC CO COM 369604103 126,607 4,248,556 SH   DFND 4,11 4,248,556 0 0
GENERAL ELECTRIC CO COM 369604103 5,320 178,510 SH   DFND 4,12 178,510 0 0
GENERAL MTRS CO COM 37045V100 547,120 15,472,853 SH   DFND 4 15,472,853 0 0
GENERAL MTRS CO COM 37045V100 880,012 24,887,209 SH   DFND 4,8,11 24,887,209 0 0
GENERAL MTRS CO COM 37045V100 297,107 8,402,338 SH   DFND 4,10 8,402,338 0 0
GENERAL MTRS CO COM 37045V100 43,762 1,237,600 SH   DFND 4,11 1,237,600 0 0
GOLDMAN SACHS GROUP INC COM 38141G104 1,005,247 4,375,968 SH   DFND 4,8,11 4,375,968 0 0
GOLDMAN SACHS GROUP INC COM 38141G104 1,512,373 6,583,551 SH   DFND 4,11 6,583,551 0 0
GRAHAM HLDGS CO COM 384637104 28,877 48,165 SH   DFND 4,10 0 0 48,165
GRAHAM HLDGS CO COM 384637104 35,619 59,410 SH   DFND 4,11 0 0 59,410
INTERNATIONAL BUSINESS MACHS COM 459200101 11,242,819 64,561,955 SH   DFND 4,11 64,561,955 0 0
JOHNSON & JOHNSON COM 478160104 40,740 327,100 SH   DFND 4 327,100 0 0
KRAFT HEINZ CO COM 500754106 29,570,898 325,634,818 SH   DFND 4 325,634,818 0 0
LIBERTY MEDIA CORP DELAWARE COM A SIRIUSXM 531229409 83,834 2,154,000 SH   DFND 4 2,154,000 0 0
LIBERTY MEDIA CORP DELAWARE COM A SIRIUSXM 531229409 273,988 7,039,780 SH   DFND 4,8,11 7,039,780 0 0
LIBERTY MEDIA CORP DELAWARE COM A SIRIUSXM 531229409 36,328 933,391 SH   DFND 4,10 933,391 0 0
LIBERTY MEDIA CORP DELAWARE COM A SIRIUSXM 531229409 4,695 120,629 SH   DFND 4,11 120,629 0 0
LIBERTY MEDIA CORP DELAWARE COM C SIRIUSXM 531229607 155,904 4,020,206 SH   DFND 4 4,020,206 0 0
LIBERTY MEDIA CORP DELAWARE COM C SIRIUSXM 531229607 681,276 17,567,720 SH   DFND 4,8,11 17,567,720 0 0
LIBERTY MEDIA CORP DELAWARE COM C SIRIUSXM 531229607 19,726 508,654 SH   DFND 4,10 508,654 0 0
LIBERTY MEDIA CORP DELAWARE COM C SIRIUSXM 531229607 8,164 210,529 SH   DFND 4,11 210,529 0 0
M & T BK CORP COM 55261F104 84,483 546,000 SH   DFND 4,8,11 546,000 0 0
M & T BK CORP COM 55261F104 25,499 164,795 SH   DFND 4,10 164,795 0 0
M & T BK CORP COM 55261F104 722,782 4,671,245 SH   DFND 4,11 4,671,245 0 0
MASTERCARD INC CL A 57636Q104 555,012 4,934,756 SH   DFND 4,8,11 4,934,756 0 0
MONDELEZ INTL INC CL A 609207105 24,900 578,000 SH   DFND 4 578,000 0 0
MOSANTO CO NEW COM 61166W101 371,862 3,285,000 SH   DFND 4 3,285,000 0 0
MOSANTO CO NEW COM 61166W101 538,468 4,756,784 SH   DFND 4,11 4,756,784 0 0
MOODYS CORP COM 615369105 1,341,559 11,973,928 SH   DFND 4,8,11 11,973,928 0 0
MOODYS CORP COM 615369105 1,422,443 12,695,850 SH   DFND 4,11 12,695,850 0 0
PHILLIPS 66 COM 718546104 483,400 6,102,000 SH   DFND 4 6,102,000 0 0
PHILLIPS 66 COM 718546104 61,950 782,000 SH   DFND 1,2,4,11 782,000 0 0
PHILLIPS 66 COM 718546104 412,974 5,213,000 SH   DFND 4,5 5,213,000 0 0
PHILLIPS 66 COM 718546104 92,133 1,163,000 SH   DFND 4,10 1,163,000 0 0
PHILLIPS 66 COM 718546104 5,241,504 66,163,892 SH   DFND 4,11 66,163,892 0 0
PHILLIPS 66 COM 718546104 100,293 1,266,000 SH   DFND 4,12 1,266,000 0 0
PROCTER & GAMBLE CO COM 742718109 28,339 315,400 SH   DFND 4 315,400 0 0
RESTAURANT BRANDS INTL INC COM 76131D103 470,347 8,438,225 SH   DFND 4,11 8,438,225 0 0
SANOFI SPONSORED ADR 80105N105 19,068 421,400 SH   DFND 4,8,11 421,400 0 0
SANOFI SPONSORED ADR 80105N105 23,066 509,742 SH   DFND 4,5,9 509,742 0 0
SANOFI SPONSORED ADR 80105N105 7,661 169,300 SH   DFND 4,10 169,300 0 0
SANOFI SPONSORED ADR 80105N105 126,946 2,805,433 SH   DFND 4,11 2,805,433 0 0
SIRIUS XM HLDGS INC COM 82968B103 658,981 127,957,412 SH   DFND 4 127,957,412 0 0
SIRIUS XM HLDGS INC COM 82968B103 228,495 44,367,941 SH   DFND 4,8,11 44,367,941 0 0
SOUTHWEST AIRLS CO COM 844741108 469 8,722 SH   DFND 4,5,9 8,722 0 0
SOUTHWEST AIRLS CO COM 844741108 2,561,703 47,650,734 SH   DFND 4,11 47,650,734 0 0
TORCHMARK CORP COM 891027104 13,443 174,489 SH   DFND 2,4,11 174,489 0 0
TORCHMARK CORP COM 891027104 77,956 1,011,888 SH   DFND 4,5 1,011,888 0 0
TORCHMARK CORP COM 891027104 110,886 1,439,325 SH   DFND 4,10 1,439,325 0 0
TORCHMARK CORP COM 891027104 287,207 3,728,025 SH   DFND 4,11 3,728,025 0 0
US BANCORP DEL COM NEW 902973304 30,399 590,275 SH   DFND 4 590,275 0 0
US BANCORP DEL COM NEW 902973304 158,105 3,070,000 SH   DFND 1,2,4,11 3,070,000 0 0
US BANCORP DEL COM NEW 902973304 1,227,312 23,831,300 SH   DFND 4,5 23,831,300 0 0
US BANCORP DEL COM NEW 902973304 60,513 1,175,000 SH   DFND 4,6 1,175,000 0 0
US BANCORP DEL COM NEW 902973304 652,984 12,679,300 SH   DFND 4,8,11 12,679,300 0 0
US BANCORP DEL COM NEW 902973304 216,547 4,204,800 SH   DFND 4,5,9 4,204,800 0 0
US BANCORP DEL COM NEW 902973304 1,945,026 37,767,492 SH   DFND 4,11 37,767,492 0 0
US BANCORP DEL COM NEW 902973304 89,868 1,745,000 SH   DFND 4,14 1,745,000 0 0
U S G CORP COM NEW 903293405 446,316 14,035,088 SH   DFND 2,4,11 14,035,088 0 0
U S G CORP COM NEW 903293405 793,948 24,966,928 SH   DFND 4,11 24,966,928 0 0
UNITED CONTL HLDGS INC COM 910047109 164,674 2,331,169 SH   DFND 4 2,331,169 0 0
UNITED CONTL HLDGS INC COM 910047109 400,446 5,668,831 SH   DFND 4,8,11 5,668,831 0 0
UNITED CONTL HLDGS INC COM 910047109 1,480,004 20,951,353 SH   DFND 4,11 20,951,353 0 0
UNITED PARCEL SERVICE INC CL B 911312106 6,374 59,400 SH   DFND 4 59,400 0 0
VERISIGN INC COM 92343E102 439,667 5,047,264 SH   DFND 4 5,047,264 0 0
VERISIGN INC COM 92343E102 688,646 7,905,481 SH   DFND 4,8,11 7,905,481 0 0
VERIZON COMMUNICATIONS INC COM 92343V104 45 928 SH   DFND 4 928 0 0
VERISK ANALYTICS INC CL A 92345Y106 126,857 1,563,434 SH   DFND 4,8,11 1,563,434 0 0
VISA INC COM CL A 92826C839 28,732 323,300 SH   DFND 4 323,300 0 0
VISA INC COM CL A 92826C839 909,954 10,239,160 SH   DFND 4,8,11 10,239,160 0 0
WABCO HLDGS INC COM 92927K102 148,637 1,265,861 SH   DFND 4 1,265,861 0 0
WABCO HLDGS INC COM 92927K102 192,885 1,642,693 SH   DFND 4,8,11 1,642,693 0 0
WAL MART STORES INC COM 931142103 68,188 946,000 SH   DFND 4,8,11 946,000 0 0
WAL MART STORES INC COM 931142103 32,257 447,513 SH   DFND 4,11 447,513 0 0
WELLS FARGO & CO NEW COM 949746101 405,509 7,285,470 SH   DFND 4 7,285,470 0 0
WELLS FARGO & CO NEW COM 949746101 915,607 16,450,000 SH   DFND 1,2,4,11 16,450,000 0 0
WELLS FARGO & CO NEW COM 949746101 295,193 5,303,500 SH   DFND 2,4,11 5,303,500 0 0
WELLS FARGO & CO NEW COM 949746101 379,204 6,812,857 SH   DFND 3,4,5 6,812,857 0 0
WELLS FARGO & CO NEW COM 949746101 4,177,162 75,047,819 SH   DFND 4,5 75,047,819 0 0
WELLS FARGO & CO NEW COM 949746101 45,641 820,000 SH   DFND 4,6 820,000 0 0
WELLS FARGO & CO NEW COM 949746101 94,622 1,700,000 SH   DFND 4,7 1,700,000 0 0
WELLS FARGO & CO NEW COM 949746101 2,017,964 36,255,200 SH   DFND 4,8,11 36,255,200 0 0
WELLS FARGO & CO NEW COM 949746101 585,209 10,514,000 SH   DFND 4,5,9 10,457,000 0 0
WELLS FARGO & CO NEW COM 949746101 3,104,511 55,776,330 SH   DFND 4,10 55,776,330 0 0
WELLS FARGO & CO NEW COM 949746101 14,263,753 256,265,774 SH   DFND 4,11 256,322,774 0 0
WELLS FARGO & CO NEW COM 949746101 155,180 2,788,000 SH   DFND 4,12 2,788,000 0 0
WELLS FARGO & CO NEW COM 949746101 89,597 1,609,720 SH   DFND 4,13 1,609,720 0 0
WELLS FARGO & CO NEW COM 949746101 171,188 3,075,600 SH   DFND 4,14 3,075,600 0 0
AXALTA COATING SYS LTD COM G0750C108 107,033 3,324,000 SH   DFND 4 3,324,000 0 0
AXALTA COATING SYS LTD COM G0750C108 644,000 20,000,000 SH   DFND 4,8,11 20,000,000 0 0
LIBERTY GLOBAL PLC SHS CL A G5480U104 300,555 8,379,000 SH   DFND 4 8,379,000 0 0
LIBERTY GLOBAL PLC SHS CL A G5480U104 423,334 11,801,897 SH   DFND 4,8,11 11,801,897 0 0
LIBERTY GLOBAL PLC SHS CL C G5480U120 257,438 7,346,968 SH   DFND 4,8,11 7,346,968 0 0
LIBERTY GLOBAL PLC LILAC SHS CL A G5480U138 24,234 1,089,669 SH   DFND 4 1,089,669 0 0
LIBERTY GLOBAL PLC LILAC SHS CL A G5480U138 36,144 1,625,185 SH   DFND 4,8,11 1,625,185 0 0
LIBERTY GLOBAL PLC LILAC SHS CL C G5480U153 29,584 1,284,020 SH   DFND 4,8,11 1,284,020 0 0