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
AMPCO-PITTSBURGH CORP COM 032037103 1,469 165,000 SH   DFND 01,02 165,000 0 0
ARGAN INC COM 04010E109 3,866 90,000 SH   DFND 01,02 90,000 0 0
BERKSHIRE HATHAWAY INC DEL CL A 084670108 300 1 SH   DFND 01,02 1 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 1,197 6,000 SH   DFND 01,02 6,000 0 0
BLACKBERRY LTD COM 09228F103 537,150 46,724,700 SH   DFND 01,02 46,724,700 0 0
BLACKBERRY LTD DEBT 3.750%11/1 C10268AC1 675,000 500,000,000 PRN   DFND 01,02 500,000,000 0 0
CARBO CERAMICS INC COM 140781105 2,396 330,000 SH   DFND 01,02 330,000 0 0
CENTURYLINK INC COM 156700106 30,348 1,847,100 SH   DFND 01,02 1,847,100 0 0
CHICAGO BRIDGE & IRON CO NV COM 167250109 12,240 850,000 SH   DFND 01,02 850,000 0 0
CRAY INC COM NEW 225223304 4,968 240,000 SH   DFND 01,02 240,000 0 0
DESTINATION MATERNITY CORP COM 25065D100 180 70,000 SH   DFND 01,02 70,000 0 0
FLUOR CORP COM 343412102 1,716 30,000 SH   DFND 01,02 30,000 0 0
FREIGHTCAR AMER INC COM 357023100 2,410 180,000 SH   DFND 01,02 180,000 0 0
GENERAL ELECTRIC CO COM 369604103 4,171 309,400 SH   DFND 01,02 309,400 0 0
HELMERICH & PAYNE INC COM 423452101 22,890 344,000 SH   DFND 01,02 344,000 0 0
INDEPENDENCE CONTRACT DRILLING COM 453415309 1,357 360,000 SH   DFND 01,02 360,000 0 0
INTL BUSINESS MACHS CORP COM 459200101 40,766 265,700 SH   DFND 01,02 265,700 0 0
INTREPID POTASH INC COM 46121Y102 60,500 16,666,667 SH   DFND 01,02 16,666,667 0 0
IROBOT CORP COM 462726100 963 15,000 SH   DFND 01,02 15,000 0 0
JACOBS ENGR GROUP INC DEL COM 469814107 2,366 40,000 SH   DFND 01,02 40,000 0 0
JOHNSON & JOHNSON COM 478160104 19,049 148,650 SH   DFND 01,02 148,650 0 0
K12 INC COM 48273U102 470 33,133 SH   DFND 01,02 33,133 0 0
KENNEDY-WILSON HLDGS INC COM 489398107 231,803 13,322,009 SH   DFND 01,02 13,322,009 0 0
KULICKE & SOFFA INDS INC COM 501242101 3,000 120,000 SH   DFND 01,02 120,000 0 0
MONSANTO CO NEW COM 61166W101 723 6,200 SH   DFND 01,02 6,200 0 0
NETEASE INC SPONSORED ADR 64110W102 2,243 8,000 SH   DFND 01,02 8,000 0 0
NORTHWEST PIPE CO COM 667746101 3,107 180,000 SH   DFND 01,02 180,000 0 0
PENGROWTH ENERGY CORP COM 70706P104 2,010 3,200,000 SH   DFND 01,02 3,200,000 0 0
POSCO SPONSORED ADR 693483109 14,903 189,000 SH   DFND 01,02 189,000 0 0
RESOLUTE FST PRODS INC COM 76117W109 252,023 30,548,190 SH   DFND 01,02 30,548,190 0 0
RPX CORP COM 74972G103 4,699 440,000 SH   DFND 01,02 440,000 0 0
SCANA CORP COM 80589M102 1,126 30,000 SH   DFND 01,02 30,000 0 0
SIGNATURE BK NEW YORK N Y COM 82669G104 1,986 14,000 SH   DFND 01,02 14,000 0 0
STRATASYS LTD SHS M85548101 2,018 100,000 SH   DFND 01,02 100,000 0 0
TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADR 874039100 1,269 29,000 SH   DFND 01,02 29,000 0 0
U S G CORP COM NEW 903293405 61,864 1,530,522 SH   DFND 01,02 1,530,522 0 0
US BANCORP DEL COM NEW 902973304 1,172 23,200 SH   DFND 01,02 23,200 0 0
WELLS FARGO CO NEW COM 949746101 1,876 35,800 SH   DFND 01,02 35,800 0 0
WGL HLDGS INC COM 92924F106 1,171 14,000 SH   DFND 01,02 14,000 0 0