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
BED BATH & BEYOND INC COM 075896100 4,637 309,100 SH   DFND 1,2 309,100 0 0
COCA COLA FEMSA S A B DE C V SPON ADR REP L 191241108 2,762 45,100 SH   DFND 1,2 45,100 0 0
COSAN LTD SHS A G25343107 29,814 4,430,000 SH   DFND 1,2 4,430,000 0 0
DANA INCORPORATED COM 235825205 2,205 118,113 SH   DFND 1,2 118,113 0 0
EBAY INC COM 278642103 26,755 810,260 SH   DFND 1,2 810,260 0 0
EVOGENE LTD SHS M4119S104 1,550 498,473 SH   DFND 1,2 498,473 0 0
FIESTA RESTAURANT GROUP INC COM 31660B101 460 17,200 SH   DFND 1,2 17,200 0 0
FORD MTR CO DEL COM PAR $0.01 345370860 337 36,477 SH   DFND 1,2 36,477 0 0
GENERAL MTRS CO COM 37045V100 11,570 343,626 SH   DFND 1,2 343,626 0 0
GOODYEAR TIRE & RUBR CO COM 382550101 11,581 495,128 SH   DFND 1,2 495,128 0 0
GRIDSUM HLDG INC SPONSORED ADR 398132100 15,245 2,374,675 SH   DFND 1,2 2,374,675 0 0
HAMILTON LANE INC CL A 407497106 869 19,619 SH   DFND 1,2 19,619 0 0
HANESBRANDS INC COM 410345102 3,686 200,000 SH Call DFND 1,2 200,000 0 0
ISHARES GOLD TRUST ISHARES 464285105 39,941 3,494,421 SH   DFND 1,2 3,494,421 0 0
ISHARES INC MSCI BRAZIL ETF 464286400 284 8,427 SH   DFND 1,2 8,427 0 0
QUDIAN INC ADR 747798106 479 92,000 SH   DFND 1,2 92,000 0 0
STARBUCKS CORP COM 855244109 7,105 125,000 SH Put DFND 1,2 125,000 0 0
TAILORED BRANDS INC COM 87403A107 6,163 244,666 SH   DFND 1,2 244,666 0 0
TEMPUR SEALY INTL INC COM 88023U101 6,244 118,038 SH   DFND 1,2 118,038 0 0
TRONOX LTD SHS CL A Q9235V101 16,611 1,390,000 SH   DFND 1,2 1,390,000 0 0
VANECK VECTORS ETF TR GOLD MINERS ETF 92189F106 1,116 60,281 SH   DFND 1,2 60,281 0 0
VANECK VECTORS ETF TR JR GOLD MINERS E 92189F791 1,135 41,500 SH   DFND 1,2 41,500 0 0
VERITIV CORP COM 923454102 1,046 28,727 SH   DFND 1,2 28,727 0 0
WALMART INC COM 931142103 10,248 109,128 SH   DFND 1,2 109,128 0 0
YUM CHINA HLDGS INC COM 98850P109 1,580 45,000 SH Put DFND 1,2 45,000 0 0
ZAI LAB LTD ADR 98887Q104 507 26,027 SH   DFND 1,2 26,027 0 0