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 FIGI (to the nearest dollar) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
AIR PRODS & CHEMS INC COM 009158106   7,545,380 27,558 SH   DFND   0 27,558 0
AIRBNB INC NOTE 3/1 009066AB7   1,571,675 1,750,000 PRN   DFND   0 1,750,000 0
ALPHABET INC CAP STK CL C 02079K107   2,381,717 16,900 SH   DFND   0 16,900 0
ALPHABET INC CAP STK CL A 02079K305   3,665,326 26,239 SH   DFND   0 26,239 0
ALTICE USA INC CL A 02156K103   191,100 58,800 SH   DFND   0 58,800 0
AMAZON COM INC COM 023135106   5,683,620 37,407 SH   DFND   0 37,407 0
ANYWHERE REAL ESTATE INC COM 75605Y106   486,600 60,000 SH   DFND   0 60,000 0
APPLE INC COM 037833100   17,153,268 89,094 SH   DFND   0 89,094 0
APPLOVIN CORP COM CL A 03831W108   5,498,862 137,989 SH   DFND   0 137,989 0
AT&T INC COM 00206R102   1,115,870 66,500 SH   DFND   0 66,500 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702   11,858,945 33,250 SH   DFND   0 33,250 0
BOEING CO COM 097023105   611,248 2,345 SH   DFND   0 2,345 0
CHARTER COMMUNICATIONS INC N CL A 16119P108   544,152 1,400 SH   DFND   0 1,400 0
DANAHER CORPORATION COM 235851102   4,870,170 21,052 SH   DFND   0 21,052 0
DOVER CORP COM 260003108   1,991,532 12,948 SH   DFND   0 12,948 0
EXPEDIA GROUP INC COM NEW 30212P303   1,990,574 13,114 SH   DFND   0 13,114 0
GOLDMAN SACHS GROUP INC COM 38141G104   589,071 1,527 SH   DFND   0 1,527 0
HEICO CORP NEW COM 422806109   1,280,351 7,158 SH   DFND   0 7,158 0
HOME DEPOT INC COM 437076102   2,027,318 5,850 SH   DFND   0 5,850 0
IAC INC COM NEW 44891N208   2,384,914 45,531 SH   DFND   0 45,531 0
JPMORGAN CHASE & CO COM 46625H100   4,252,500 25,000 SH   DFND   0 25,000 0
KINETIK HOLDINGS INC COM NEW CL A 02215L209   484,300 14,500 SH   DFND   0 14,500 0
LAS VEGAS SANDS CORP COM 517834107   2,089,752 42,466 SH   DFND   0 42,466 0
LIGHT & WONDER INC COM 80874P109   3,607,092 43,930 SH   DFND   0 43,930 0
META PLATFORMS INC CL A 30303M102   5,741,939 16,222 SH   DFND   0 16,222 0
MGM RESORTS INTERNATIONAL COM 552953101   4,474,479 100,145 SH   DFND   0 100,145 0
MICROSOFT CORP COM 594918104   10,145,183 26,979 SH   DFND   0 26,979 0
NVIDIA CORPORATION COM 67066G104   1,635,216 3,302 SH   DFND   0 3,302 0
ORACLE CORP COM 68389X105   1,120,088 10,624 SH   DFND   0 10,624 0
OREILLY AUTOMOTIVE INC COM 67103H107   2,799,886 2,947 SH   DFND   0 2,947 0
PETIQ INC COM CL A 71639T106   38,960,568 1,972,687 SH   DFND   0 1,972,687 0
PLAINS GP HLDGS LP LTD PARTNR INT A 72651A207   845,350 53,000 SH   DFND   0 53,000 0
ROPER TECHNOLOGIES INC COM 776696106   2,017,674 3,701 SH   DFND   0 3,701 0
SHERWIN WILLIAMS CO COM 824348106   328,119 1,052 SH   DFND   0 1,052 0
SPDR S&P 500 ETF TR TR UNIT 78462F103   66,637,511 140,198 SH   DFND   0 140,198 0
TRANSDIGM GROUP INC COM 893641100   2,839,561 2,807 SH   DFND   0 2,807 0
VERALTO CORP COM SHS 92338C103   577,218 7,017 SH   DFND   0 7,017 0
WATERS CORP COM 941848103   2,700,015 8,201 SH   DFND   0 8,201 0
WELLS FARGO CO NEW COM 949746101   1,353,550 27,500 SH   DFND   0 27,500 0