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
CALPINE CORP COM 131347304 567,156 29,189,712 SH   DFND 1 29,189,712 0 0
CALPINE CORP COM 131347304 21,686 1,116,096 SH   DFND 2 1,116,096 0 0
CHARTER COMMUNICATION CL A 16117M305 800,422 5,939,608 SH   DFND 1 5,939,608 0 0
CHARTER COMMUNICATION CL A 16117M305 40,024 297,000 SH   DFND 2 297,000 0 0
CROWN CASTLE INTL CORP COM 228227104 594,015 8,133,849 SH   DFND 1 8,133,849 0 0
CROWN CASTLE INTL CORP COM 228227104 26,130 357,800 SH   DFND 2 357,800 0 0
EQUINIX, INC. COM 29444U502 622,812 3,391,300 SH   DFND 1 3,391,300 0 0
EQUINIX, INC. COM 29444U502 32,433 176,600 SH   DFND 2 176,600 0 0
LAMAR ADVERTISING CO CL A 512815101 216,761 4,608,984 SH   DFND 1 4,608,984 0 0
LAMAR ADVERTISING CO CL A 512815101 10,447 222,130 SH   DFND 2 222,130 0 0
LIBERTY GLOBAL PLC CL A G5480U104 22,921 288,859 SH   DFND 2 288,859 0 0
LIBERTY GLOBAL PLC CL C G5480U120 964,301 12,784,057 SH   DFND 1 12,784,057 0 0
LIBERTY GLOBAL PLC CL C G5480U120 25,466 337,608 SH   DFND 2 337,608 0 0
MARTIN MARIETTA MATLS INC COM 573284106 149,037 1,518,151 SH   DFND 1 1,518,151 0 0
MARTIN MARIETTA MATLS INC COM 573284106 8,168 83,200 SH   DFND 2 83,200 0 0
PETROQUEST ENERGY INC COM 716748108 27,683 6,903,584 SH   DFND 1 6,903,584 0 0
PETROQUEST ENERGY INC COM 716748108 1,054 262,800 SH   DFND 2 262,800 0 0
PIONEER NAT RES CO COM 723787107 811,205 4,296,639 SH   DFND 1 4,296,639 0 0
PIONEER NAT RES CO COM 723787107 41,489 219,750 SH   DFND 2 219,750 0 0
PROGRESSIVE WASTE SOLUTIONS LTD. COM 74339G101 189,587 7,368,340 SH   DFND 1 7,368,340 0 0
PROGRESSIVE WASTE SOLUTIONS LTD. COM 74339G101 7,364 286,200 SH   DFND 2 286,200 0 0
QUICKSILVER RESOURCES INC COM 74837R104 45,923 23,311,254 SH   DFND 1 23,311,254 0 0
QUICKSILVER RESOURCES INC COM 74837R104 3,298 1,673,900 SH   DFND 2 1,673,900 0 0
SCHWAB CHARLES CORP. COM 808513105 939,546 44,443,987 SH   DFND 1 44,443,987 0 0
SCHWAB CHARLES CORP. COM 808513105 40,282 1,905,500 SH   DFND 2 1,905,500 0 0
VISA, INC. COM 92826C839 456,231 2,387,393 SH   DFND 1 2,387,393 0 0
VISA, INC. COM 92826C839 23,754 124,300 SH   DFND 2 124,300 0 0
RESOLUTE ENERGY CORP COM 76116A108 137,423 16,438,110 SH   DFND 1 16,438,110 0 0
RESOLUTE ENERGY CORP COM 76116A108 5,634 673,900 SH   DFND 2 673,900 0 0
RESOLUTE ENERGY CORP WARRANTS 76116A116 1,797 8,169,525 SH   DFND 1 8,169,525 0 0
RESOLUTE ENERGY CORP WARRANTS 76116A116 62 279,753 SH   DFND 2 279,753 0 0