Paulson & Co. Activity Q4 2001-Q3 2023

Q3 2023

			Value		Shares		↓ Weighting
HZNP	Buy	HORIZON THERAPEUTICS PUB L	$243,301,392	+373.1%	2,103,046	+320.6%	21.77%	+333.7%
MDGL	Buy	MADRIGAL PHARMACEUTICALS INC	$73,020,000	-9.7%	500,000	+42.8%	6.53%	-17.3%
	New	ANGLOGOLD ASHANTI PLC	$60,569,174	–	3,833,492	–	5.42%	–
DSEY	Exit	DIVERSEY HLDGS LTD	$0	–	-50,000	–	-0.04%	–
ISEE	Exit	IVERIC BIO INC	$0	–	-25,000	–	-0.10%	–
NEM	Exit	NEWMONT CORP	$0	–	-452,000	–	-1.88%	–
AU	Exit	ANGLOGOLD ASHANTI LIMITEDsponsored adr	$0	–	-3,833,492	–	-7.89%	–

Q2 2023

			Value		Shares		↓ Weighting
BHC	New	BAUSCH HEALTH COS INC	$211,512,280	–	26,439,035	–	20.65%	–
BSIG	New	BRIGHTSPHERE INVT GROUP INC	$187,505,035	–	8,950,121	–	18.30%	–
PPTA	New	PERPETUA RESOURCES CORP	$90,911,559	–	24,771,542	–	8.88%	–
NG	New	NOVAGOLD RES INC	$88,682,937	–	22,226,300	–	8.66%	–
MDGL	New	MADRIGAL PHARMACEUTICALS INC	$80,896,200	–	350,200	–	7.90%	–
AU	New	ANGLOGOLD ASHANTI LIMITEDsponsored adr	$80,848,346	–	3,833,492	–	7.89%	–
HZNP	New	HORIZON THERAPEUTICS PUB L	$51,425,000	–	500,000	–	5.02%	–
THRY	New	THRYV HLDGS INC	$49,200,000	–	2,000,000	–	4.80%	–
AEM	New	AGNICO EAGLE MINES LTD	$39,162,379	–	783,561	–	3.82%	–
SSRM	New	SSR MINING IN	$28,360,000	–	2,000,000	–	2.77%	–
THM	New	INTERNATIONAL TOWER HILL MIN	$25,712,332	–	61,930,724	–	2.51%	–
SA	New	SEABRIDGE GOLD INC	$24,943,500	–	2,070,000	–	2.44%	–
NEM	New	NEWMONT CORP	$19,282,320	–	452,000	–	1.88%	–
EQX	New	EQUINOX GOLD CORP	$11,450,000	–	2,500,000	–	1.12%	–
TMQ	New	TRILOGY METALS INC NEW	$8,503,072	–	14,326,996	–	0.83%	–
NMRK	New	NEWMARK GROUP INCcl a	$7,990,368	–	1,284,625	–	0.78%	–
TELL	New	TELLURIAN INC NEW	$7,530,335	–	5,340,663	–	0.74%	–
IAG	New	IAMGOLD CORP	$4,865,500	–	1,850,000	–	0.48%	–
BABA	New	ALIBABA GROUP HLDG LTDsponsored ads	$4,167,500	–	50,000	–	0.41%	–
ISEE	New	IVERIC BIO INC	$983,500	–	25,000	–	0.10%	–
DSEY	New	DIVERSEY HLDGS LTD	$419,500	–	50,000	–	0.04%	–

Q4 2022

			Value		Shares		↓ Weighting
HYMCZ	Exit	HYCROFT MINING HOLDING CORPw exp 10/22/202	$0	–	-151,507	–	-0.00%	–
IAG	Exit	IAMGOLD CORP	$0	–	-1,850,000	–	-0.14%	–
BIDU	Exit	BAIDU INCspon adr rep a	$0	–	-20,327	–	-0.18%	–
CTXS	Exit	CITRIX SYS INC	$0	–	-34,200	–	-0.26%	–
	Exit	RUMBLE INC	$0	–	-300,000	–	-0.27%	–
BABA	Exit	ALIBABA GROUP HLDG LTDsponsored ads	$0	–	-50,000	–	-0.29%	–
TMQ	Exit	TRILOGY METALS INC NEW	$0	–	-14,326,996	–	-0.64%	–
EQX	Exit	EQUINOX GOLD CORP	$0	–	-2,500,000	–	-0.67%	–
NMRK	Exit	NEWMARK GROUP INCcl a	$0	–	-1,284,625	–	-0.76%	–
TELL	Exit	TELLURIAN INC NEW	$0	–	-5,340,663	–	-0.93%	–
OSG	Exit	OVERSEAS SHIPHOLDING GROUP Icl a new	$0	–	-5,723,159	–	-1.24%	–
BALY	Exit	BALLYS CORPORATION	$0	–	-891,852	–	-1.29%	–
DRE	Exit	DUKE REALTY CORP	$0	–	-496,722	–	-1.75%	–
SA	Exit	SEABRIDGE GOLD INC	$0	–	-2,070,000	–	-1.80%	–
GOLD	Exit	BARRICK GOLD CORP	$0	–	-1,600,000	–	-1.82%	–
VMW	Exit	VMWARE INC	$0	–	-264,915	–	-2.06%	–
THM	Exit	INTERNATIONAL TOWER HILL MIN	$0	–	-61,930,724	–	-2.33%	–
APA	Exit	APA CORPORATION	$0	–	-1,200,000	–	-3.00%	–
AEM	Exit	AGNICO EAGLE MINES LTD	$0	–	-1,033,813	–	-3.20%	–
SSRM	Exit	SSR MNG INC	$0	–	-3,120,242	–	-3.36%	–
THRY	Exit	THRYV HLDGS INC	$0	–	-2,137,944	–	-3.57%	–
PPTA	Exit	PERPETUA RESOURCES CORP	$0	–	-24,771,542	–	-3.66%	–
AU	Exit	ANGLOGOLD ASHANTI LIMITEDsponsored adr	$0	–	-3,975,000	–	-4.02%	–
KWEB	Exit	KRANESHARES TRcsi chi internet	$0	–	-2,432,064	–	-4.39%	–
NG	Exit	NOVAGOLD RES INC	$0	–	-22,226,300	–	-7.63%	–
BSIG	Exit	BRIGHTSPHERE INVT GROUP INC	$0	–	-8,950,121	–	-9.77%	–
BHC	Exit	BAUSCH HEALTH COS INC	$0	–	-26,439,035	–	-13.33%	–
HZNP	Exit	HORIZON THERAPEUTICS PUB L	$0	–	-6,100,000	–	-27.63%	–

Q3 2022

			Value		Shares		↓ Weighting
HZNP	Sell	HORIZON THERAPEUTICS PUB L	$377,529,000	-23.6%	6,100,000	-1.6%	27.63%	+13.3%
KWEB	Sell	KRANESHARES TRcsi chi internet	$59,926,000	-44.7%	2,432,064	-26.5%	4.39%	-18.0%
AU	Sell	ANGLOGOLD ASHANTI LIMITEDsponsored adr	$54,935,000	-37.8%	3,975,000	-33.5%	4.02%	-7.7%
APA	Sell	APA CORPORATION	$41,028,000	-60.8%	1,200,000	-60.0%	3.00%	-41.8%
VMW	Sell	VMWARE INC	$28,203,000	-50.5%	264,915	-47.0%	2.06%	-26.5%
GOLD	Sell	BARRICK GOLD CORP	$24,800,000	-69.2%	1,600,000	-64.8%	1.82%	-54.2%
DRE	New	DUKE REALTY CORP	$23,942,000	–	496,722	–	1.75%	–
BALY	Sell	BALLYS CORPORATION	$17,623,000	-10.9%	891,852	-10.8%	1.29%	+32.3%
OSG	Sell	OVERSEAS SHIPHOLDING GROUP Icl a new	$16,998,000	+31.6%	5,723,159	-9.2%	1.24%	+95.3%
TELL	Sell	TELLURIAN INC NEW	$12,764,000	-38.8%	5,340,663	-23.7%	0.93%	-9.2%
	New	RUMBLE INC	$3,675,000	–	300,000	–	0.27%	–
CTXS	New	CITRIX SYS INC	$3,553,000	–	34,200	–	0.26%	–
SRRA	Exit	SIERRA ONCOLOGY INC	$0	–	-17,675	–	-0.05%	–
ENDP	Exit	ENDO INTL PLC	$0	–	-7,787,647	–	-0.18%	–
CDK	Exit	CDK GLOBAL INC	$0	–	-81,000	–	-0.22%	–
IS	Exit	IRONSOURCE LTD	$0	–	-7,500,000	–	-0.88%	–
PCRX	Exit	PACIRA BIOSCIENCES INC	$0	–	-350,000	–	-1.01%	–
COHR	Exit	COHERENT INC	$0	–	-90,000	–	-1.18%	–
OXY	Exit	OCCIDENTAL PETE CORP	$0	–	-2,500,000	–	-7.26%	–

Q2 2022

			Value		Shares		↓ Weighting
HZNP	New	HORIZON THERAPEUTICS PUB L	$494,432,000	–	6,199,000	–	24.38%	–
BHC	New	BAUSCH HEALTH COS INC	$221,030,000	–	26,439,035	–	10.90%	–
BSIG	New	BRIGHTSPHERE INVT GROUP INC	$161,192,000	–	8,950,121	–	7.95%	–
OXY	New	OCCIDENTAL PETE CORP	$147,200,000	–	2,500,000	–	7.26%	–
KWEB	New	KRANESHARES TRcsi chi internet	$108,436,000	–	3,310,000	–	5.35%	–
NG	New	NOVAGOLD RES INC	$106,909,000	–	22,226,300	–	5.27%	–
APA	New	APA CORPORATION	$104,700,000	–	3,000,000	–	5.16%	–
AU	New	ANGLOGOLD ASHANTI LIMITEDsponsored adr	$88,360,000	–	5,974,331	–	4.36%	–
PPTA	New	PERPETUA RESOURCES CORP	$81,994,000	–	24,771,542	–	4.04%	–
GOLD	New	BARRICK GOLD CORP	$80,432,000	–	4,546,771	–	3.97%	–
VMW	New	VMWARE INC	$56,990,000	–	500,000	–	2.81%	–
SSRM	New	SSR MNG INC	$52,108,000	–	3,120,242	–	2.57%	–
THRY	New	THRYV HLDGS INC	$47,869,000	–	2,137,944	–	2.36%	–
AEM	New	AGNICO EAGLE MINES LTD	$47,307,000	–	1,033,813	–	2.33%	–
THM	New	INTERNATIONAL TOWER HILL MIN	$32,234,000	–	61,930,724	–	1.59%	–
SA	New	SEABRIDGE GOLD INC	$25,730,000	–	2,070,000	–	1.27%	–
COHR	New	COHERENT INC	$23,960,000	–	90,000	–	1.18%	–
TELL	New	TELLURIAN INC NEW	$20,860,000	–	7,000,000	–	1.03%	–
PCRX	New	PACIRA BIOSCIENCES INC	$20,405,000	–	350,000	–	1.01%	–
BALY	New	BALLYS CORPORATION	$19,780,000	–	1,000,000	–	0.98%	–
IS	New	IRONSOURCE LTD	$17,850,000	–	7,500,000	–	0.88%	–
OSG	New	OVERSEAS SHIPHOLDING GROUP Icl a new	$12,915,000	–	6,300,000	–	0.64%	–
NMRK	New	NEWMARK GROUP INCcl a	$12,422,000	–	1,284,625	–	0.61%	–
EQX	New	EQUINOX GOLD CORP	$11,100,000	–	2,500,000	–	0.55%	–
TMQ	New	TRILOGY METALS INC NEW	$10,840,000	–	14,326,996	–	0.54%	–
BABA	New	ALIBABA GROUP HLDG LTDsponsored ads	$5,684,000	–	50,000	–	0.28%	–
CDK	New	CDK GLOBAL INC	$4,436,000	–	81,000	–	0.22%	–
ENDP	New	ENDO INTL PLC	$3,627,000	–	7,787,647	–	0.18%	–
BIDU	New	BAIDU INCspon adr rep a	$3,023,000	–	20,327	–	0.15%	–
IAG	New	IAMGOLD CORP	$2,979,000	–	1,850,000	–	0.15%	–
SRRA	New	SIERRA ONCOLOGY INC	$972,000	–	17,675	–	0.05%	–
HYMCZ	New	HYCROFT MINING HOLDING CORPw exp 10/22/202	$9,000	–	151,507	–	0.00%	–

Q4 2021

			Value		Shares		↓ Weighting
HYMCZ	Exit	HYCROFT MINING HOLDING CORP*w exp 10/12/202	$0	–	-151,507	–	-0.00%	–
STMP	Exit	STAMPS COM INC	$0	–	-4,068	–	-0.04%	–
BABA	Exit	ALIBABA GROUP HLDG LTDsponsored ads	$0	–	-17,793	–	-0.08%	–
GLD	Exit	SPDR GOLD TRcall	$0	–	-18,000	–	-0.08%	–
BIDU	Exit	BAIDU INCspon adr rep a	$0	–	-20,327	–	-0.09%	–
IAG	Exit	IAMGOLD CORP	$0	–	-1,850,000	–	-0.12%	–
KSU	Exit	KANSAS CITY SOUTHERN	$0	–	-30,000	–	-0.23%	–
OSG	Exit	OVERSEAS SHIPHOLDING GROUP Icl a new	$0	–	-6,300,000	–	-0.37%	–
VTRS	Exit	VIATRIS INC	$0	–	-1,055,079	–	-0.41%	–
EQX	Exit	EQUINOX GOLD CORP	$0	–	-2,500,000	–	-0.47%	–
SSRM	Exit	SSR MNG INC	$0	–	-1,310,242	–	-0.54%	–
TTE	Exit	TOTALENERGIES SEsponsored ads	$0	–	-460,000	–	-0.63%	–
PVG	Exit	PRETIUM RES INC	$0	–	-2,400,000	–	-0.66%	–
TMQ	Exit	TRILOGY METALS INC NEW	$0	–	-14,326,996	–	-0.76%	–
BP	Exit	BP PLCsponsored adr	$0	–	-1,000,000	–	-0.78%	–
SA	Exit	SEABRIDGE GOLD INC	$0	–	-2,070,000	–	-0.91%	–
OIH	Exit	VANECK ETF TRUSToil services etf	$0	–	-165,000	–	-0.93%	–
NMRK	Exit	NEWMARK GROUP INCcl a	$0	–	-2,323,254	–	-0.95%	–
TIMB	Exit	TIM S Asponsored adr	$0	–	-3,900,000	–	-1.19%	–
RDSA	Exit	ROYAL DUTCH SHELL PLCspons adr a	$0	–	-1,000,000	–	-1.27%	–
THM	Exit	INTERNATIONAL TOWER HILL MIN	$0	–	-61,930,724	–	-1.31%	–
BALY	Exit	BALLYS CORPORATION	$0	–	-1,000,000	–	-1.43%	–
KL	Exit	KIRKLAND LAKE GOLD LTD	$0	–	-1,302,853	–	-1.54%	–
ENDP	Exit	ENDO INTL PLC	$0	–	-17,327,012	–	-1.60%	–
APA	Exit	APA CORPORATION	$0	–	-3,000,000	–	-1.83%	–
XOM	Exit	EXXON MOBIL CORP	$0	–	-1,125,000	–	-1.88%	–
PCRX	Exit	PACIRA BIOSCIENCES INC	$0	–	-1,259,518	–	-2.01%	–
CLDR	Exit	CLOUDERA INC	$0	–	-4,588,827	–	-2.09%	–
THRY	Exit	THRYV HLDGS INC	$0	–	-2,636,475	–	-2.26%	–
GOLD	Exit	BARRICK GOLD CORP	$0	–	-4,546,771	–	-2.34%	–
AU	Exit	ANGLOGOLD ASHANTI LIMITEDsponsored adr	$0	–	-5,974,331	–	-2.72%	–
DIDI	Exit	DIDI GLOBAL INCsponsored ads	$0	–	-12,703,049	–	-2.82%	–
OXY	Exit	OCCIDENTAL PETE CORP	$0	–	-3,750,000	–	-3.16%	–
PPTA	Exit	PERPETUA RESOURCES CORP	$0	–	-24,771,542	–	-3.51%	–
NG	Exit	NOVAGOLD RES INC	$0	–	-22,226,300	–	-4.36%	–
BSIG	Exit	BRIGHTSPHERE INVT GROUP INC	$0	–	-20,000,552	–	-14.89%	–
HZNP	Exit	HORIZON THERAPEUTICS PUB L	$0	–	-6,169,296	–	-19.25%	–
BHC	Exit	BAUSCH HEALTH COS INC	$0	–	-25,839,035	–	-20.50%	–

Q3 2021

			Value		Shares		↓ Weighting
HZNP	Sell	HORIZON THERAPEUTICS PUB L	$675,785,000	-9.7%	6,169,296	-22.8%	19.25%	+7.7%
PPTA	Buy	PERPETUA RESOURCES CORP	$123,362,000	-19.3%	24,771,542	+18.3%	3.51%	-3.8%
OXY	Sell	OCCIDENTAL PETE CORP	$110,925,000	-29.1%	3,750,000	-25.0%	3.16%	-15.4%
DIDI	Buy	DIDI GLOBAL INCsponsored ads	$98,957,000	-36.8%	12,703,049	+14.6%	2.82%	-24.7%
THRY	Sell	THRYV HLDGS INC	$79,200,000	-21.1%	2,636,475	-6.0%	2.26%	-5.9%
CLDR	New	CLOUDERA INC	$73,284,000	–	4,588,827	–	2.09%	–
PCRX	Sell	PACIRA BIOSCIENCES INC	$70,533,000	-8.7%	1,259,518	-1.1%	2.01%	+8.8%
XOM	Sell	EXXON MOBIL CORP	$66,173,000	-30.1%	1,125,000	-25.0%	1.88%	-16.6%
APA	Sell	APA CORPORATION	$64,290,000	-25.7%	3,000,000	-25.0%	1.83%	-11.4%
ENDP	Sell	ENDO INTL PLC	$56,140,000	-34.5%	17,327,012	-5.5%	1.60%	-22.0%
KL	Sell	KIRKLAND LAKE GOLD LTD	$54,186,000	-6.4%	1,302,853	-13.3%	1.54%	+11.6%
RDSA	Sell	ROYAL DUTCH SHELL PLCspons adr a	$44,570,000	-45.8%	1,000,000	-50.8%	1.27%	-35.3%
NMRK	Sell	NEWMARK GROUP INCcl a	$33,246,000	+16.2%	2,323,254	-2.5%	0.95%	+38.5%
OIH	Sell	VANECK ETF TRUSToil services etf	$32,507,000	-32.5%	165,000	-25.0%	0.93%	-19.5%
BP	Sell	BP PLCsponsored adr	$27,330,000	-46.7%	1,000,000	-48.5%	0.78%	-36.4%
TTE	Sell	TOTALENERGIES SEsponsored ads	$22,048,000	-49.1%	460,000	-51.9%	0.63%	-39.3%
VTRS	Sell	VIATRIS INC	$14,296,000	-70.1%	1,055,079	-68.5%	0.41%	-64.4%
KSU	Sell	KANSAS CITY SOUTHERN	$8,119,000	-83.1%	30,000	-82.4%	0.23%	-79.9%
STMP	New	STAMPS COM INC	$1,342,000	–	4,068	–	0.04%	–
SD	Exit	SANDRIDGE ENERGY INC	$0	–	-300,000	–	-0.04%	–
EQT	Exit	EQT CORP	$0	–	-685,000	–	-0.36%	–
DISCA	Exit	DISCOVERY INC	$0	–	-857,300	–	-0.63%	–
DISH	Exit	DISH NETWORK CORPORATIONcl a	$0	–	-3,345,750	–	-3.34%	–

Q2 2021

			Value		Shares		↓ Weighting
BHC	New	BAUSCH HEALTH COS INC	$757,601,000	–	25,839,035	–	18.10%	–
HZNP	New	HORIZON THERAPEUTICS PUB L	$748,318,000	–	7,991,440	–	17.88%	–
BSIG	New	BRIGHTSPHERE INVT GROUP INC	$468,613,000	–	20,000,552	–	11.20%	–
NG	New	NOVAGOLD RES INC	$178,033,000	–	22,226,300	–	4.25%	–
DIDI	New	DIDI GLOBAL INCsponsored ads	$156,698,000	–	11,081,904	–	3.74%	–
OXY	New	OCCIDENTAL PETE CORP	$156,350,000	–	5,000,000	–	3.74%	–
PPTA	New	PERPETUA RESOURCES CORP	$152,831,000	–	20,935,732	–	3.65%	–
DISH	New	DISH NETWORK CORPORATIONcl a	$139,852,000	–	3,345,750	–	3.34%	–
AU	New	ANGLOGOLD ASHANTI LIMITEDsponsored adr	$111,003,000	–	5,974,331	–	2.65%	–
THRY	New	THRYV HLDGS INC	$100,354,000	–	2,805,533	–	2.40%	–
XOM	New	EXXON MOBIL CORP	$94,620,000	–	1,500,000	–	2.26%	–
GOLD	New	BARRICK GOLD CORP	$94,027,000	–	4,546,771	–	2.25%	–
APA	New	APA CORPORATION	$86,520,000	–	4,000,000	–	2.07%	–
ENDP	New	ENDO INTL PLC	$85,770,000	–	18,327,012	–	2.05%	–
RDSA	New	ROYAL DUTCH SHELL PLCspons adr a	$82,173,000	–	2,033,978	–	1.96%	–
PCRX	New	PACIRA BIOSCIENCES INC	$77,255,000	–	1,273,161	–	1.85%	–
THM	New	INTERNATIONAL TOWER HILL MIN	$65,027,000	–	61,930,724	–	1.55%	–
KL	New	KIRKLAND LAKE GOLD LTD	$57,905,000	–	1,502,853	–	1.38%	–
BALY	New	BALLYS CORPORATION	$54,110,000	–	1,000,000	–	1.29%	–
BP	New	BP PLCsponsored adr	$51,289,000	–	1,941,300	–	1.22%	–
OIH	New	VANECK VECTORS ETF TRoil svcs etf	$48,165,000	–	220,000	–	1.15%	–
KSU	New	KANSAS CITY SOUTHERN	$48,173,000	–	170,000	–	1.15%	–
VTRS	New	VIATRIS INC	$47,792,000	–	3,344,470	–	1.14%	–
TIMB	New	TIM S Asponsored adr	$44,928,000	–	3,900,000	–	1.07%	–
TTE	New	TOTALENERGIES SEsponsored ads	$43,282,000	–	956,307	–	1.03%	–
SA	New	SEABRIDGE GOLD INC	$36,329,000	–	2,070,000	–	0.87%	–
TMQ	New	TRILOGY METALS INC NEW	$35,961,000	–	14,326,996	–	0.86%	–
NMRK	New	NEWMARK GROUP INCcl a	$28,620,000	–	2,383,054	–	0.68%	–
DISCA	New	DISCOVERY INC	$26,302,000	–	857,300	–	0.63%	–
PVG	New	PRETIUM RES INC	$22,944,000	–	2,400,000	–	0.55%	–
SSRM	New	SSR MNG INC	$20,427,000	–	1,310,242	–	0.49%	–
EQX	New	EQUINOX GOLD CORP	$17,375,000	–	2,500,000	–	0.42%	–
EQT	New	EQT CORP	$15,248,000	–	685,000	–	0.36%	–
OSG	New	OVERSEAS SHIPHOLDING GROUP Icl a new	$13,167,000	–	6,300,000	–	0.32%	–
IAG	New	IAMGOLD CORP	$5,458,000	–	1,850,000	–	0.13%	–
BIDU	New	BAIDU INCspon adr rep a	$4,145,000	–	20,327	–	0.10%	–
BABA	New	ALIBABA GROUP HLDG LTDsponsored ads	$4,035,000	–	17,793	–	0.10%	–
GLD	New	SPDR GOLD TRcall	$2,981,000	–	18,000	–	0.07%	–
SD	New	SANDRIDGE ENERGY INC	$1,884,000	–	300,000	–	0.04%	–
HYMCZ	New	HYCROFT MINING HOLDING CORP*w exp 10/12/202	$76,000	–	151,507	–	0.00%	–

Q4 2020

			Value		Shares		↓ Weighting
HYMCZ	Exit	HYCROFT MINING HOLDING CORPw exp 10/12/202	$0	–	-151,507	–	-0.00%	–
LEA	Exit	LEAR CORP	$0	–	-10,103	–	-0.03%	–
SD	Exit	SANDRIDGE ENERGY INC	$0	–	-666,535	–	-0.03%	–
NMRK	Exit	NEWMARK GROUP INCcl a	$0	–	-1,550,000	–	-0.21%	–
IAG	Exit	IAMGOLD CORP	$0	–	-1,850,000	–	-0.22%	–
TSU	Exit	TIM PARTICIPACOES S Asponsored adr	$0	–	-1,001,205	–	-0.36%	–
TCO	Exit	TAUBMAN CTRS INC	$0	–	-391,886	–	-0.41%	–
SA	Exit	SEABRIDGE GOLD INC	$0	–	-700,000	–	-0.41%	–
OSG	Exit	OVERSEAS SHIPHOLDING GROUP Icl a new	$0	–	-6,300,000	–	-0.42%	–
QGEN	Exit	QIAGEN NV	$0	–	-400,000	–	-0.65%	–
SSRM	Exit	SSR MNG INC	$0	–	-1,310,242	–	-0.76%	–
TMQ	Exit	TRILOGY METALS INC NEW	$0	–	-14,326,996	–	-0.80%	–
EQX	Exit	EQUINOX GOLD CORP	$0	–	-2,500,000	–	-0.91%	–
PVG	Exit	PRETIUM RES INC	$0	–	-2,400,000	–	-0.96%	–
GOLD	Exit	BARRICK GOLD CORP	$0	–	-1,546,772	–	-1.36%	–
VIAC	Exit	VIACOMCBS INCcl b	$0	–	-1,569,920	–	-1.37%	–
ENDP	Exit	ENDO INTL PLC	$0	–	-14,497,569	–	-1.49%	–
TIF	Exit	TIFFANY & CO NEW	$0	–	-591,552	–	-2.14%	–
KL	Exit	KIRKLAND LAKE GOLD LTD	$0	–	-1,502,853	–	-2.28%	–
PCRX	Exit	PACIRA BIOSCIENCES	$0	–	-1,255,608	–	-2.35%	–
THM	Exit	INTERNATIONAL TOWER HILL MIN	$0	–	-61,930,724	–	-2.57%	–
DISH	Exit	DISH NETWORK CORPORATIONcl a	$0	–	-3,620,750	–	-3.28%	–
DISCK	Exit	DISCOVERY INC	$0	–	-6,902,805	–	-4.22%	–
MYL	Exit	MYLAN NV	$0	–	-11,478,260	–	-5.31%	–
AU	Exit	ANGLOGOLD ASHANTI LIMITEDsponsored adr	$0	–	-6,974,331	–	-5.74%	–
TAK	Exit	TAKEDA PHARMACEUTICAL CO LTDsponsored ads	$0	–	-11,295,846	–	-6.28%	–
BSIG	Exit	BRIGHTSPHERE INVT GROUP INC	$0	–	-20,000,552	–	-8.04%	–
NG	Exit	NOVAGOLD RES INC	$0	–	-22,226,300	–	-8.24%	–
GLD	Exit	SPDR GOLD TR	$0	–	-1,894,252	–	-10.46%	–
BHC	Exit	BAUSCH HEALTH COS INC	$0	–	-25,839,035	–	-12.52%	–
HZNP	Exit	HORIZON THERAPEUTICS PUB L	$0	–	-6,691,439	–	-16.20%	–

Q3 2020

			Value		Shares		↓ Weighting
HZNP	Sell	HORIZON THERAPEUTICS PUB L	$519,791,000	+35.7%	6,691,439	-2.9%	16.20%	+32.4%
TAK	Sell	TAKEDA PHARMACEUTICAL CO LTDsponsored ads	$201,518,000	-2.2%	11,295,846	-1.7%	6.28%	-4.6%
THM	Buy	INTERNATIONAL TOWER HILL MIN	$82,368,000	-22.4%	61,930,724	+3.9%	2.57%	-24.3%
PCRX	Sell	PACIRA BIOSCIENCES	$75,487,000	+11.5%	1,255,608	-2.7%	2.35%	+8.8%
TIF	Sell	TIFFANY & CO NEW	$68,531,000	-6.9%	591,552	-2.0%	2.14%	-9.2%
ENDP	Buy	ENDO INTL PLC	$47,842,000	+44.9%	14,497,569	+50.6%	1.49%	+41.3%
GOLD	Buy	BARRICK GOLD CORP	$43,480,000	+4.3%	1,546,772	+0.0%	1.36%	+1.7%
SSRM	Buy	SSR MNG INC	$24,462,000	-1.0%	1,310,242	+13.1%	0.76%	-3.4%
QGEN	Sell	QIAGEN NV	$20,814,000	-14.1%	400,000	-28.7%	0.65%	-16.1%
TCO	Buy	TAUBMAN CTRS INC	$13,046,000	+15.2%	391,886	+30.6%	0.41%	+12.4%
TSU	Sell	TIM PARTICIPACOES S Asponsored adr	$11,544,000	-29.1%	1,001,205	-20.4%	0.36%	-30.8%
LEA	New	LEAR CORP	$1,102,000	–	10,103	–	0.03%	–
HYMCZ	New	HYCROFT MINING HOLDING CORPw exp 10/12/202	$43,000	–	151,507	–	0.00%	–
AMTD	Exit	TD AMERITRADE HLDG CORP	$0	–	-975,000	–	-1.13%	–

Q2 2020

			Value		Shares		↓ Weighting
BHC	New	BAUSCH HEALTH COS INC	$472,596,000	–	25,839,035	–	15.10%	–
HZNP	New	HORIZON THERAPEUTICS PUB LTD	$383,026,000	–	6,891,439	–	12.24%	–
GLD	New	SPDR GOLD TR	$317,041,000	–	1,894,252	–	10.13%	–
BSIG	New	BRIGHTSPHERE INVT GROUP INC	$249,207,000	–	20,000,552	–	7.96%	–
TAK	New	TAKEDA PHARMACEUTICAL CO LTDsponsored ads	$205,960,000	–	11,486,905	–	6.58%	–
AU	New	ANGLOGOLD ASHANTI LIMITEDsponsored adr	$205,673,000	–	6,974,331	–	6.57%	–
NG	New	NOVAGOLD RES INC	$204,037,000	–	22,226,300	–	6.52%	–
MYL	New	MYLAN NV	$184,570,000	–	11,478,260	–	5.90%	–
DISCK	New	DISCOVERY INC	$132,948,000	–	6,902,805	–	4.25%	–
DISH	New	DISH NETWORK CORPORATIONcl a	$124,952,000	–	3,620,750	–	3.99%	–
THM	New	INTERNATIONAL TOWER HILL MIN	$106,076,000	–	59,593,314	–	3.39%	–
TIF	New	TIFFANY & CO NEW	$73,627,000	–	603,800	–	2.35%	–
PCRX	New	PACIRA BIOSCIENCES	$67,683,000	–	1,289,941	–	2.16%	–
KL	New	KIRKLAND LAKE GOLD LTD	$61,978,000	–	1,502,853	–	1.98%	–
GOLD	New	BARRICK GOLD CORPORATION	$41,669,000	–	1,546,736	–	1.33%	–
VIAC	New	VIACOMCBS INCcl b	$36,611,000	–	1,569,920	–	1.17%	–
AMTD	New	TD AMERITRADE HLDG CORP	$35,471,000	–	975,000	–	1.13%	–
ENDP	New	ENDO INTL PLC	$33,020,000	–	9,626,900	–	1.06%	–
TMQ	New	TRILOGY METALS INC NEW	$28,654,000	–	14,326,996	–	0.92%	–
EQX	New	EQUINOX GOLD CORP	$28,050,000	–	2,500,000	–	0.90%	–
SSRM	New	SSR MNG INC	$24,704,000	–	1,158,200	–	0.79%	–
QGEN	New	QIAGEN NV	$24,226,000	–	561,300	–	0.77%	–
PVG	New	PRETIUM RES INC	$20,160,000	–	2,400,000	–	0.64%	–
TSU	New	TIM PARTICIPACOES S Asponsored adr	$16,278,000	–	1,257,978	–	0.52%	–
SA	New	SEABRIDGE GOLD INC	$12,278,000	–	700,000	–	0.39%	–
OSG	New	OVERSEAS SHIPHOLDING GROUP Icl a new	$11,718,000	–	6,300,000	–	0.37%	–
TCO	New	TAUBMAN CTRS INC	$11,328,000	–	300,000	–	0.36%	–
NMRK	New	NEWMARK GROUP INCcl a	$7,533,000	–	1,550,000	–	0.24%	–
IAG	New	IAMGOLD CORP	$7,308,000	–	1,850,000	–	0.23%	–
SD	New	SANDRIDGE ENERGY INC	$860,000	–	666,535	–	0.03%	–

Q4 2019

			Value		Shares		↓ Weighting
SYNE	Exit	SYNTHESIS ENERGY SYS INC	$0	–	-156,250	–	-0.01%	–
LEA	Exit	LEAR CORP	$0	–	-10,116	–	-0.02%	–
ZAYO	Exit	ZAYO GROUP HLDGS INC	$0	–	-72,059	–	-0.05%	–
TMUS	Exit	T MOBILE US INC	$0	–	-37,018	–	-0.06%	–
SD	Exit	SANDRIDGE ENERGY INC	$0	–	-666,535	–	-0.06%	–
QEP	Exit	QEP RES INC	$0	–	-1,010,800	–	-0.08%	–
LYFT	Exit	LYFT INC	$0	–	-151,173	–	-0.12%	–
IAG	Exit	IAMGOLD CORP	$0	–	-1,850,000	–	-0.13%	–
SA	Exit	SEABRIDGE GOLD INC	$0	–	-700,000	–	-0.18%	–
INSW	Exit	INTERNATIONAL SEAWAYS INC	$0	–	-719,877	–	-0.28%	–
OSG	Exit	OVERSEAS SHIPHOLDING GROUP Icl a new	$0	–	-8,300,000	–	-0.29%	–
SSRM	Exit	SSR MNG INC	$0	–	-1,158,200	–	-0.34%	–
NMRK	Exit	NEWMARK GROUP INCcl a	$0	–	-2,000,000	–	-0.36%	–
TMQ	Exit	TRILOGY METALS INC NEW	$0	–	-14,326,996	–	-0.48%	–
PCG	Exit	PG&E CORP	$0	–	-2,624,240	–	-0.53%	–
UTX	Exit	UNITED TECHNOLOGIES CORP	$0	–	-200,000	–	-0.55%	–
ENDP	Exit	ENDO INTL PLC	$0	–	-8,626,900	–	-0.56%	–
THM	Exit	INTERNATIONAL TOWER HILL MIN	$0	–	-59,593,314	–	-0.62%	–
AEM	Exit	AGNICO EAGLE MINES LTD	$0	–	-607,600	–	-0.65%	–
CZR	Exit	CAESARS ENTMT CORP	$0	–	-3,000,000	–	-0.70%	–
GOLD	Exit	BARRICK GOLD CORPORATION	$0	–	-2,036,752	–	-0.71%	–
PSDO	Exit	PRESIDIO INC	$0	–	-2,650,000	–	-0.90%	–
VIAB	Exit	VIACOM INC NEWcl b	$0	–	-2,150,000	–	-1.04%	–
VSM	Exit	VERSUM MATLS INC	$0	–	-1,000,000	–	-1.06%	–
TSU	Exit	TIM PARTICIPACOES S Asponsored adr	$0	–	-3,720,000	–	-1.07%	–
PCRX	Exit	PACIRA BIOSCIENCES	$0	–	-1,716,727	–	-1.31%	–
S	Exit	SPRINT CORPORATION	$0	–	-12,585,700	–	-1.56%	–
CPE	Exit	CALLON PETE CO DEL	$0	–	-21,593,523	–	-1.88%	–
BID	Exit	SOTHEBYS	$0	–	-1,853,157	–	-2.12%	–
TSLA	Exit	TESLA INCput	$0	–	-500,000	–	-2.41%	–
NG	Exit	NOVAGOLD RES INC	$0	–	-21,992,896	–	-2.67%	–
ONCE	Exit	SPARK THERAPEUTICS INC	$0	–	-1,437,666	–	-2.79%	–
WCG	Exit	WELLCARE HEALTH PLANS INC	$0	–	-561,397	–	-2.91%	–
AABA	Exit	ALTABA INC	$0	–	-7,605,722	–	-2.97%	–
DISH	Exit	DISH NETWORK CORPcl a	$0	–	-4,973,500	–	-3.39%	–
BSIG	Exit	BRIGHTSPHERE INVT GROUP INC	$0	–	-20,000,552	–	-3.97%	–
HZNP	Exit	HORIZON THERAPEUTICS PUB LTD	$0	–	-8,170,700	–	-4.46%	–
TAK	Exit	TAKEDA PHARMACEUTICAL CO LTDsponsored ads	$0	–	-13,244,711	–	-4.56%	–
AU	Exit	ANGLOGOLD ASHANTI LTDsponsored adr	$0	–	-12,782,400	–	-4.68%	–
MYL	Exit	MYLAN N V	$0	–	-12,005,400	–	-4.76%	–
DISCK	Exit	DISCOVERY INC	$0	–	-10,922,500	–	-5.39%	–
CELG	Exit	CELGENE CORP	$0	–	-3,194,678	–	-6.35%	–
BHC	Exit	BAUSCH HEALTH COS INC	$0	–	-20,839,035	–	-9.12%	–
AGN	Exit	ALLERGAN PLC	$0	–	-2,932,170	–	-9.88%	–
GLD	Exit	SPDR GOLD TRUST	$0	–	-4,320,022	–	-12.02%	–

Q3 2019

			Value		Shares		↓ Weighting
AGN	Buy	ALLERGAN PLC	$493,455,000	+31.0%	2,932,170	+30.3%	9.88%	+54.4%
CELG	Sell	CELGENE CORP	$317,232,000	+2.4%	3,194,678	-4.6%	6.35%	+20.7%
MYL	Buy	MYLAN N V	$237,467,000	+13.3%	12,005,400	+9.1%	4.76%	+33.6%
HZNP	Buy	HORIZON THERAPEUTICS PUB LTD	$222,488,000	+38.6%	8,170,700	+22.5%	4.46%	+63.3%
BSIG	New	BRIGHTSPHERE INVT GROUP INC	$198,205,000	–	20,000,552	–	3.97%	–
AABA	Buy	ALTABA INC	$148,159,000	+12.4%	7,605,722	+300.3%	2.97%	+32.5%
WCG	Sell	WELLCARE HEALTH PLANS INC	$145,497,000	-13.2%	561,397	-4.5%	2.91%	+2.4%
ONCE	Buy	SPARK THERAPEUTICS INC	$139,425,000	+79.7%	1,437,666	+89.7%	2.79%	+111.7%
TSLA	Sell	TESLA INCput	$120,435,000	+0.5%	500,000	-6.8%	2.41%	+18.4%
BID	Sell	SOTHEBYS	$105,593,000	-46.1%	1,853,157	-45.0%	2.12%	-36.4%
CPE	New	CALLON PETE CO DEL	$93,716,000	–	21,593,523	–	1.88%	–
S	Buy	SPRINT CORPORATION	$77,654,000	+47.7%	12,585,700	+57.3%	1.56%	+74.1%
PCRX	Buy	PACIRA BIOSCIENCES	$65,356,000	+56.7%	1,716,727	+79.0%	1.31%	+84.6%
TSU	Sell	TIM PARTICIPACOES S Asponsored adr	$53,419,000	-28.6%	3,720,000	-25.6%	1.07%	-15.9%
VIAB	Buy	VIACOM INC NEWcl b	$51,665,000	+30.7%	2,150,000	+62.5%	1.04%	+54.0%
PSDO	New	PRESIDIO INC	$44,785,000	–	2,650,000	–	0.90%	–
GOLD	Buy	BARRICK GOLD CORPORATION	$35,297,000	+10.1%	2,036,752	+0.2%	0.71%	+29.7%
PCG	Sell	PG&E CORP	$26,242,000	-61.8%	2,624,240	-12.5%	0.53%	-55.0%
OSG	New	OVERSEAS SHIPHOLDING GROUP Icl a new	$14,525,000	–	8,300,000	–	0.29%	–
INSW	Sell	INTERNATIONAL SEAWAYS INC	$13,865,000	-52.5%	719,877	-53.1%	0.28%	-44.0%
LYFT	Sell	LYFT INC	$6,174,000	-96.2%	151,173	-93.9%	0.12%	-95.5%
QEP	Sell	QEP RES INC	$3,740,000	-74.1%	1,010,800	-49.5%	0.08%	-69.5%
TMUS	Sell	T MOBILE US INC	$2,916,000	-98.0%	37,018	-98.1%	0.06%	-97.6%
SYNE	New	SYNTHESIS ENERGY SYS INC	$273,000	–	156,250	–	0.01%	–
SES	Exit	SYNTHESIS ENERGY SYS INC	$0	–	-1,250,000	–	-0.01%	–
LEXEA	Exit	LIBERTY EXPEDIA HLDGS INC	$0	–	-14,899	–	-0.01%	–
BKS	Exit	BARNES & NOBLE INC	$0	–	-1,500,000	–	-0.17%	–
FDC	Exit	FIRST DATA CORP NEW	$0	–	-750,000	–	-0.34%	–
STC	Exit	STEWART INFORMATION SVCS COR	$0	–	-538,300	–	-0.37%	–
TRCO	Exit	TRIBUNE MEDIA COcl a	$0	–	-560,000	–	-0.44%	–
RHT	Exit	RED HAT INC	$0	–	-190,500	–	-0.61%	–
ARRY	Exit	ARRAY BIOPHARMA INC	$0	–	-3,275,700	–	-2.58%	–
GDX	Exit	VANECK VECTORS ETF TRput	$0	–	-6,500,000	–	-2.82%	–
BSIG	Exit	BRIGHTSPHERE INVESTMNT GRP P	$0	–	-20,000,552	–	-3.88%	–
APC	Exit	ANADARKO PETE CORP	$0	–	-4,320,000	–	-5.18%	–

Q2 2019

			Value		Shares		↓ Weighting
GLD	New	SPDR GOLD TRUST	$575,427,000	–	4,320,022	–	9.78%	–
BHC	New	BAUSCH HEALTH COS INC	$525,560,000	–	20,839,035	–	8.93%	–
AGN	New	ALLERGAN PLC	$376,634,000	–	2,249,500	–	6.40%	–
DISCK	New	DISCOVERY INC	$310,745,000	–	10,922,500	–	5.28%	–
CELG	New	CELGENE CORP	$309,674,000	–	3,350,000	–	5.26%	–
APC	New	ANADARKO PETE CORP	$304,819,000	–	4,320,000	–	5.18%	–
TAK	New	TAKEDA PHARMACEUTICAL CO LTDsponsored ads	$234,431,000	–	13,244,711	–	3.98%	–
BSIG	New	BRIGHTSPHERE INVESTMNT GRP P	$228,206,000	–	20,000,552	–	3.88%	–
AU	New	ANGLOGOLD ASHANTI LTDsponsored adr	$227,655,000	–	12,782,400	–	3.87%	–
MYL	New	MYLAN N V	$209,543,000	–	11,005,400	–	3.56%	–
BID	New	SOTHEBYS	$195,770,000	–	3,367,800	–	3.33%	–
DISH	New	DISH NETWORK CORPcl a	$191,032,000	–	4,973,500	–	3.25%	–
WCG	New	WELLCARE HEALTH PLANS INC	$167,536,000	–	587,700	–	2.85%	–
GDX	New	VANECK VECTORS ETF TRput	$166,140,000	–	6,500,000	–	2.82%	–
LYFT	New	LYFT INC	$162,801,000	–	2,477,570	–	2.77%	–
HZNP	New	HORIZON THERAPEUTICS PUB LTD	$160,497,000	–	6,670,700	–	2.73%	–
ARRY	New	ARRAY BIOPHARMA INC	$151,763,000	–	3,275,700	–	2.58%	–
TMUS	New	T MOBILE US INC	$144,988,000	–	1,955,600	–	2.46%	–
AABA	New	ALTABA INC	$131,814,000	–	1,900,163	–	2.24%	–
NG	New	NOVAGOLD RES INC	$129,978,000	–	21,992,896	–	2.21%	–
TSLA	New	TESLA INCput	$119,886,000	–	536,500	–	2.04%	–
ONCE	New	SPARK THERAPEUTICS INC	$77,584,000	–	757,807	–	1.32%	–
TSU	New	TIM PARTICIPACOES S Asponsored adr	$74,850,000	–	5,000,000	–	1.27%	–
PCG	New	PG&E CORP	$68,779,000	–	3,000,810	–	1.17%	–
S	New	SPRINT CORPORATION	$52,560,000	–	8,000,000	–	0.89%	–
VSM	New	VERSUM MATLS INC	$51,580,000	–	1,000,000	–	0.88%	–
TMQ	New	TRILOGY METALS INC NEW	$42,265,000	–	14,326,996	–	0.72%	–
PCRX	New	PACIRA BIOSCIENCES	$41,707,000	–	958,997	–	0.71%	–
VIAB	New	VIACOM INC NEWcl b	$39,518,000	–	1,323,000	–	0.67%	–
RHT	New	RED HAT INC	$35,768,000	–	190,500	–	0.61%	–
ENDP	New	ENDO INTL PLC	$35,543,000	–	8,626,900	–	0.60%	–
CZR	New	CAESARS ENTMT CORP	$35,460,000	–	3,000,000	–	0.60%	–
THM	New	INTERNATIONAL TOWER HILL MIN	$33,378,000	–	59,593,314	–	0.57%	–
GOLD	New	BARRICK GOLD CORPORATION	$32,055,000	–	2,032,657	–	0.54%	–
AEM	New	AGNICO EAGLE MINES LTD	$31,133,000	–	607,600	–	0.53%	–
INSW	New	INTERNATIONAL SEAWAYS INC	$29,168,000	–	1,535,175	–	0.50%	–
UTX	New	UNITED TECHNOLOGIES CORP	$26,040,000	–	200,000	–	0.44%	–
TRCO	New	TRIBUNE MEDIA COcl a	$25,883,000	–	560,000	–	0.44%	–
STC	New	STEWART INFORMATION SVCS COR	$21,796,000	–	538,300	–	0.37%	–
FDC	New	FIRST DATA CORP NEW	$20,303,000	–	750,000	–	0.34%	–
NMRK	New	NEWMARK GROUP INCcl a	$17,960,000	–	2,000,000	–	0.30%	–
SSRM	New	SSR MNG INC	$15,833,000	–	1,158,200	–	0.27%	–
QEP	New	QEP RES INC	$14,460,000	–	2,000,000	–	0.25%	–
BKS	New	BARNES & NOBLE INC	$10,035,000	–	1,500,000	–	0.17%	–
SA	New	SEABRIDGE GOLD INC	$9,471,000	–	700,000	–	0.16%	–
IAG	New	IAMGOLD CORP	$6,253,000	–	1,850,000	–	0.11%	–
SD	New	SANDRIDGE ENERGY INC	$4,612,000	–	666,535	–	0.08%	–
ZAYO	New	ZAYO GROUP HLDGS INC	$2,371,000	–	72,059	–	0.04%	–
LEA	New	LEAR CORP	$1,409,000	–	10,116	–	0.02%	–
LEXEA	New	LIBERTY EXPEDIA HLDGS INC	$712,000	–	14,899	–	0.01%	–
SES	New	SYNTHESIS ENERGY SYS INC	$388,000	–	1,250,000	–	0.01%	–

Q4 2018

			Value		Shares		↓ Weighting
ATUS	Exit	ALTICE USA INCcl a	$0	–	-25,685	–	-0.01%	–
GLNG	Exit	GOLAR LNG LTD BERMUDAcall	$0	–	-25,000	–	-0.01%	–
YNDX	Exit	YANDEX N Vcall	$0	–	-25,000	–	-0.02%	–
BACWSB	Exit	BANK AMER CORP*w exp 10/28/201	$0	–	-2,962,694	–	-0.02%	–
LHO	Exit	LASALLE HOTEL PPTYS	$0	–	-35,987	–	-0.02%	–
LEA	Exit	LEAR CORP	$0	–	-10,116	–	-0.03%	–
GDX	Exit	VANECK VECTORS ETF TRput	$0	–	-100,000	–	-0.04%	–
SES	Exit	SYNTHESIS ENERGY SYS INC	$0	–	-1,250,000	–	-0.06%	–
YUMC	Exit	YUM CHINA HLDGS INCcall	$0	–	-100,000	–	-0.07%	–
JNK	Exit	SPDR SERIES TRUSTput	$0	–	-100,000	–	-0.07%	–
KMDA	Exit	KAMADA LTD	$0	–	-785,525	–	-0.09%	–
ESRX	Exit	EXPRESS SCRIPTS HLDG CO	$0	–	-60,000	–	-0.11%	–
T	Exit	AT&T INCcall	$0	–	-200,000	–	-0.13%	–
AKRXQ	Exit	AKORN INC	$0	–	-520,000	–	-0.13%	–
IAG	Exit	IAMGOLD CORP	$0	–	-1,850,000	–	-0.13%	–
SD	Exit	SANDRIDGE ENERGY INC	$0	–	-666,535	–	-0.14%	–
BSIG	Exit	BRIGHTSPHERE INVESTMNT GRP P	$0	–	-611,948	–	-0.14%	–
GG	Exit	GOLDCORP INC NEW	$0	–	-800,000	–	-0.15%	–
CME	Exit	CME GROUP INC	$0	–	-48,840	–	-0.16%	–
SA	Exit	SEABRIDGE GOLD INC	$0	–	-700,000	–	-0.17%	–
TGNA	Exit	TEGNA INC	$0	–	-778,300	–	-0.17%	–
ANDV	Exit	ANDEAVOR	$0	–	-81,000	–	-0.23%	–
AEM	Exit	AGNICO EAGLE MINES LTD	$0	–	-607,600	–	-0.39%	–
NMRK	Exit	NEWMARK GROUP INCcl a	$0	–	-2,000,000	–	-0.42%	–
TMQ	Exit	TRILOGY METALS INC NEW	$0	–	-11,566,126	–	-0.43%	–
THM	Exit	INTERNATIONAL TOWER HILL MIN	$0	–	-59,593,314	–	-0.53%	–
GOLD	Exit	RANDGOLD RES LTDadr	$0	–	-421,700	–	-0.56%	–
ODP	Exit	OFFICE DEPOT INC	$0	–	-10,000,000	–	-0.60%	–
CZR	Exit	CAESARS ENTMT CORP	$0	–	-3,138,900	–	-0.60%	–
MITL	Exit	MITEL NETWORKS CORP	$0	–	-3,000,000	–	-0.62%	–
P	Exit	PANDORA MEDIA INC	$0	–	-4,066,600	–	-0.72%	–
BKD	Exit	BROOKDALE SR LIVING INC	$0	–	-4,986,400	–	-0.92%	–
COL	Exit	ROCKWELL COLLINS INC	$0	–	-352,100	–	-0.93%	–
MNKKQ	Exit	MALLINCKRODT PUB LTD CO	$0	–	-2,000,000	–	-1.10%	–
DNB	Exit	DUN & BRADSTREET CORP DEL NE	$0	–	-420,000	–	-1.12%	–
INSW	Exit	INTERNATIONAL SEAWAYS INC	$0	–	-3,084,100	–	-1.16%	–
FOX	Exit	TWENTY FIRST CENTY FOX INCcl b	$0	–	-1,500,000	–	-1.29%	–
T	Exit	AT&T INC	$0	–	-2,097,698	–	-1.32%	–
TSU	Exit	TIM PARTICIPACOES S Asponsored adr	$0	–	-5,000,000	–	-1.36%	–
AET	Exit	AETNA INC NEW	$0	–	-357,700	–	-1.36%	–
NG	Exit	NOVAGOLD RES INC	$0	–	-21,992,896	–	-1.53%	–
VIAB	Exit	VIACOM INC NEWcl b	$0	–	-2,573,000	–	-1.63%	–
NLSN	Exit	NIELSEN HLDGS PLC	$0	–	-3,500,000	–	-1.81%	–
AU	Exit	ANGLOGOLD ASHANTI LTDsponsored adr	$0	–	-12,782,400	–	-2.05%	–
AABA	Exit	ALTABA INC	$0	–	-1,727,341	–	-2.20%	–
HZNP	Exit	HORIZON PHARMA PLC	$0	–	-7,170,700	–	-2.63%	–
ENDP	Exit	ENDO INTL PLC	$0	–	-8,626,900	–	-2.72%	–
TMUS	Exit	T MOBILE US INC	$0	–	-2,430,000	–	-3.19%	–
DISH	Exit	DISH NETWORK CORPcl a	$0	–	-4,973,500	–	-3.33%	–
DVMT	Exit	DELL TECHNOLOGIES INC	$0	–	-1,950,000	–	-3.55%	–
NXPI	Exit	NXP SEMICONDUCTORS N V	$0	–	-2,575,200	–	-4.12%	–
CA	Exit	CA INC	$0	–	-5,450,000	–	-4.50%	–
AGN	Exit	ALLERGAN PLC	$0	–	-1,621,500	–	-5.78%	–
DISCK	Exit	DISCOVERY INC	$0	–	-12,230,700	–	-6.77%	–
MYL	Exit	MYLAN N V	$0	–	-11,505,400	–	-7.88%	–
GLD	Exit	SPDR GOLD TRUST	$0	–	-4,320,022	–	-9.12%	–
SHPG	Exit	SHIRE PLCsponsored adr	$0	–	-2,852,200	–	-9.68%	–
BHC	Exit	BAUSCH HEALTH COS INC	$0	–	-20,839,035	–	-10.02%	–

Q3 2018

			Value		Shares		↓ Weighting
BHC	New	BAUSCH HEALTH COS INC	$534,938,000	–	20,839,035	–	10.02%	–
SHPG	Buy	SHIRE PLCsponsored adr	$517,018,000	+9.3%	2,852,200	+1.8%	9.68%	+0.2%
MYL	Sell	MYLAN N V	$421,098,000	+0.9%	11,505,400	-0.3%	7.88%	-7.5%
DISCK	Buy	DISCOVERY INC	$361,784,000	+41.9%	12,230,700	+22.3%	6.77%	+30.0%
AGN	Sell	ALLERGAN PLC	$308,863,000	-2.4%	1,621,500	-14.6%	5.78%	-10.6%
CA	New	CA INC	$240,618,000	–	5,450,000	–	4.50%	–
NXPI	Buy	NXP SEMICONDUCTORS N V	$220,180,000	+0.0%	2,575,200	+27.9%	4.12%	-8.3%
DVMT	New	DELL TECHNOLOGIES INC	$189,384,000	–	1,950,000	–	3.55%	–
TMUS	Sell	T MOBILE US INC	$170,537,000	-26.9%	2,430,000	-37.7%	3.19%	-33.0%
ENDP	Sell	ENDO INTL PLC	$145,191,000	+67.8%	8,626,900	-6.0%	2.72%	+53.8%
HZNP	Sell	HORIZON PHARMA PLC	$140,402,000	+10.5%	7,170,700	-6.5%	2.63%	+1.3%
AABA	Sell	ALTABA INC	$117,666,000	-12.0%	1,727,341	-5.5%	2.20%	-19.4%
NLSN	New	NIELSEN HLDGS PLC	$96,810,000	–	3,500,000	–	1.81%	–
AET	Buy	AETNA INC NEW	$72,559,000	+41.1%	357,700	+27.6%	1.36%	+29.2%
T	Sell	AT&T INC	$70,441,000	-7.7%	2,097,698	-11.8%	1.32%	-15.4%
FOX	Buy	TWENTY FIRST CENTY FOX INCcl b	$68,730,000	-1.1%	1,500,000	+6.3%	1.29%	-9.4%
INSW	Sell	INTERNATIONAL SEAWAYS INC	$61,744,000	-22.8%	3,084,100	-10.8%	1.16%	-29.3%
DNB	New	DUN & BRADSTREET CORP DEL NE	$59,854,000	–	420,000	–	1.12%	–
MNKKQ	Sell	MALLINCKRODT PUB LTD CO	$58,620,000	-14.4%	2,000,000	-45.5%	1.10%	-21.6%
COL	Sell	ROCKWELL COLLINS INC	$49,459,000	-5.6%	352,100	-9.5%	0.93%	-13.5%
P	New	PANDORA MEDIA INC	$38,673,000	–	4,066,600	–	0.72%	–
MITL	Sell	MITEL NETWORKS CORP	$33,060,000	-24.7%	3,000,000	-25.0%	0.62%	-30.9%
GOLD	Buy	RANDGOLD RES LTDadr	$29,751,000	+16.3%	421,700	+27.1%	0.56%	+6.7%
ANDV	New	ANDEAVOR	$12,434,000	–	81,000	–	0.23%	–
CME	New	CME GROUP INC	$8,313,000	–	48,840	–	0.16%	–
BSIG	New	BRIGHTSPHERE INVESTMNT GRP P	$7,588,000	–	611,948	–	0.14%	–
AKRXQ	Sell	AKORN INC	$6,750,000	-76.9%	520,000	-70.5%	0.13%	-78.9%
T	New	AT&T INCcall	$6,716,000	–	200,000	–	0.13%	–
ESRX	New	EXPRESS SCRIPTS HLDG CO	$5,701,000	–	60,000	–	0.11%	–
JNK	New	SPDR SERIES TRUSTput	$3,605,000	–	100,000	–	0.07%	–
YUMC	New	YUM CHINA HLDGS INCcall	$3,511,000	–	100,000	–	0.07%	–
GDX	New	VANECK VECTORS ETF TRput	$1,852,000	–	100,000	–	0.04%	–
YNDX	New	YANDEX N Vcall	$822,000	–	25,000	–	0.02%	–
GLNG	New	GOLAR LNG LTD BERMUDAcall	$695,000	–	25,000	–	0.01%	–
ATUS	Sell	ALTICE USA INCcl a	$466,000	-84.2%	25,685	-85.2%	0.01%	-85.0%
FOXA	Exit	TWENTY FIRST CENTY FOX INCcl a	$0	–	-40,000	–	-0.04%	–
VR	Exit	VALIDUS HOLDINGS LTD	$0	–	-137,500	–	-0.19%	–
NXPI	Exit	NXP SEMICONDUCTORS N Vcall	$0	–	-100,000	–	-0.22%	–
CMCSA	Exit	COMCAST CORP NEWcall	$0	–	-400,000	–	-0.27%	–
HAIN	Exit	HAIN CELESTIAL GROUP INC	$0	–	-612,964	–	-0.37%	–
SHPG	Exit	SHIRE PLCput	$0	–	-125,000	–	-0.43%	–
CMCSA	Exit	COMCAST CORP NEWcl a	$0	–	-655,000	–	-0.44%	–
LUMN	Exit	CENTURYLINK INC	$0	–	-2,000,000	–	-0.76%	–
	Exit	XL GROUP LTD	$0	–	-970,000	–	-1.11%	–
EGN	Exit	ENERGEN CORP	$0	–	-755,000	–	-1.12%	–
VST	Exit	VISTRA ENERGY CORP	$0	–	-3,698,400	–	-1.79%	–
VRX	Exit	VALEANT PHARMACEUTICALS INTL	$0	–	-20,839,035	–	-9.89%	–

Q2 2018

			Value		Shares		↓ Weighting
GLD	New	SPDR GOLD TRUST	$512,571,000	–	4,320,022	–	10.47%	–
VRX	New	VALEANT PHARMACEUTICALS INTL	$484,299,000	–	20,839,035	–	9.89%	–
SHPG	New	SHIRE PLCsponsored adr	$473,011,000	–	2,802,200	–	9.66%	–
MYL	New	MYLAN N V	$417,164,000	–	11,543,000	–	8.52%	–
AGN	New	ALLERGAN PLC	$316,555,000	–	1,898,724	–	6.47%	–
DISCK	New	DISCOVERY INC	$255,000,000	–	10,000,000	–	5.21%	–
TMUS	New	T MOBILE US INC	$233,178,000	–	3,902,560	–	4.76%	–
NXPI	New	NXP SEMICONDUCTORS N V	$220,070,000	–	2,014,000	–	4.50%	–
DISH	New	DISH NETWORK CORPcl a	$167,159,000	–	4,973,500	–	3.42%	–
AABA	New	ALTABA INC	$133,780,000	–	1,827,341	–	2.73%	–
HZNP	New	HORIZON PHARMA PLC	$127,027,000	–	7,670,700	–	2.60%	–
AU	New	ANGLOGOLD ASHANTI LTDsponsored adr	$104,944,000	–	12,782,400	–	2.14%	–
NG	New	NOVAGOLD RES INC	$97,868,000	–	21,992,896	–	2.00%	–
VST	New	VISTRA ENERGY CORP	$87,504,000	–	3,698,400	–	1.79%	–
ENDP	New	ENDO INTL PLC	$86,516,000	–	9,174,500	–	1.77%	–
TSU	New	TIM PARTICIPACOES S Asponsored adr	$84,300,000	–	5,000,000	–	1.72%	–
INSW	New	INTERNATIONAL SEAWAYS INC	$79,990,000	–	3,456,773	–	1.63%	–
VIAB	New	VIACOM INC NEWcl b	$77,602,000	–	2,573,000	–	1.58%	–
T	New	AT&T INC	$76,357,000	–	2,377,981	–	1.56%	–
FOX	New	TWENTY FIRST CENTY FOX INCcl b	$69,520,000	–	1,411,000	–	1.42%	–
MNKKQ	New	MALLINCKRODT PUB LTD CO	$68,501,000	–	3,670,992	–	1.40%	–
EGN	New	ENERGEN CORP	$54,979,000	–	755,000	–	1.12%	–
	New	XL GROUP LTD	$54,272,000	–	970,000	–	1.11%	–
COL	New	ROCKWELL COLLINS INC	$52,391,000	–	389,000	–	1.07%	–
AET	New	AETNA INC NEW	$51,435,000	–	280,300	–	1.05%	–
BKD	New	BROOKDALE SR LIVING INC	$45,326,000	–	4,986,400	–	0.93%	–
MITL	New	MITEL NETWORKS CORP	$43,880,000	–	4,000,000	–	0.90%	–
LUMN	New	CENTURYLINK INC	$37,280,000	–	2,000,000	–	0.76%	–
CZR	New	CAESARS ENTMT CORP	$33,586,000	–	3,138,900	–	0.69%	–
THM	New	INTERNATIONAL TOWER HILL MIN	$30,089,000	–	59,593,314	–	0.62%	–
AKRXQ	New	AKORN INC	$29,198,000	–	1,760,000	–	0.60%	–
NMRK	New	NEWMARK GROUP INCcl a	$28,460,000	–	2,000,000	–	0.58%	–
AEM	New	AGNICO EAGLE MINES LTD	$27,846,000	–	607,600	–	0.57%	–
GOLD	New	RANDGOLD RES LTDadr	$25,571,000	–	331,700	–	0.52%	–
ODP	New	OFFICE DEPOT INC	$25,500,000	–	10,000,000	–	0.52%	–
CMCSA	New	COMCAST CORP NEWcl a	$21,491,000	–	655,000	–	0.44%	–
SHPG	New	SHIRE PLCput	$21,100,000	–	125,000	–	0.43%	–
TMQ	New	TRILOGY METALS INC NEW	$20,588,000	–	11,566,126	–	0.42%	–
HAIN	New	HAIN CELESTIAL GROUP INC	$18,266,000	–	612,964	–	0.37%	–
CMCSA	New	COMCAST CORP NEWcall	$13,124,000	–	400,000	–	0.27%	–
SD	New	SANDRIDGE ENERGY INC	$11,824,000	–	666,535	–	0.24%	–
GG	New	GOLDCORP INC NEW	$10,968,000	–	800,000	–	0.22%	–
NXPI	New	NXP SEMICONDUCTORS N Vcall	$10,927,000	–	100,000	–	0.22%	–
IAG	New	IAMGOLD CORP	$10,749,000	–	1,850,000	–	0.22%	–
VR	New	VALIDUS HOLDINGS LTD	$9,295,000	–	137,500	–	0.19%	–
TGNA	New	TEGNA INC	$8,445,000	–	778,300	–	0.17%	–
SA	New	SEABRIDGE GOLD INC	$7,805,000	–	700,000	–	0.16%	–
SES	New	SYNTHESIS ENERGY SYS INC	$4,100,000	–	1,250,000	–	0.08%	–
KMDA	New	KAMADA LTD	$4,085,000	–	785,525	–	0.08%	–
ATUS	New	ALTICE USA INCcl a	$2,955,000	–	173,185	–	0.06%	–
FOXA	New	TWENTY FIRST CENTY FOX INCcl a	$1,988,000	–	40,000	–	0.04%	–
LEA	New	LEAR CORP	$1,880,000	–	10,116	–	0.04%	–
BACWSB	New	BANK AMER CORP*w exp 10/28/201	$1,807,000	–	2,962,694	–	0.04%	–
LHO	New	LASALLE HOTEL PPTYS	$1,232,000	–	35,987	–	0.02%	–

Q4 2017

			Value		Shares		↓ Weighting
HUN	Exit	HUNTSMAN CORP	$0	–	-5,000	–	-0.00%	–
NXPI	Exit	NXP SEMICONDUCTORS N V	$0	–	-12,500	–	-0.02%	–
IEF	Exit	ISHARES TRbarclays 7 10 yr	$0	–	-20,000	–	-0.04%	–
LOXO	Exit	LOXO ONCOLOGY INC	$0	–	-22,800	–	-0.04%	–
CIEIQ	Exit	COBALT INTL ENERGY INC	$0	–	-2,046,394	–	-0.05%	–
KMDA	Exit	KAMADA LTD	$0	–	-730,800	–	-0.06%	–
SYMX	Exit	SYNTHESIS ENERGY SYS INC	$0	–	-10,000,000	–	-0.10%	–
BACWSB	Exit	BANK AMER CORP* w exp 10/28/2018	$0	–	-8,928,344	–	-0.12%	–
BOBE	Exit	BOB EVANS FARMS INC	$0	–	-106,000	–	-0.15%	–
SA	Exit	SEABRIDGE GOLD INC	$0	–	-700,000	–	-0.15%	–
DOVA	Exit	DOVA PHARMACEUTICALS INC	$0	–	-550,681	–	-0.18%	–
TGNA	Exit	TEGNA INC	$0	–	-778,300	–	-0.19%	–
TMQ	Exit	TRILOGY METALS INC NEW	$0	–	-11,566,126	–	-0.20%	–
SD	Exit	SANDRIDGE ENERGY INC	$0	–	-666,535	–	-0.24%	–
COL	Exit	ROCKWELL COLLINS INC	$0	–	-112,400	–	-0.26%	–
XCRA	Exit	XCERRA CORP	$0	–	-1,733,000	–	-0.31%	–
S	Exit	SPRINT CORP	$0	–	-2,374,000	–	-0.33%	–
BCR	Exit	BARD C R INC	$0	–	-58,722	–	-0.34%	–
EQT	Exit	EQT CORP	$0	–	-293,021	–	-0.34%	–
IAG	Exit	IAMGOLD CORP	$0	–	-3,863,912	–	-0.42%	–
ENZY	Exit	ENZYMOTEC LTD	$0	–	-2,102,990	–	-0.43%	–
CPN	Exit	CALPINE CORP	$0	–	-1,683,200	–	-0.45%	–
MON	Exit	MONSANTO CO NEW	$0	–	-217,400	–	-0.47%	–
THM	Exit	INTERNATIONAL TOWER HILL MIN	$0	–	-55,487,842	–	-0.53%	–
RLGY	Exit	REALOGY HLDGS CORP	$0	–	-1,000,000	–	-0.59%	–
AEM	Exit	AGNICO EAGLE MINES LTD	$0	–	-757,600	–	-0.62%	–
STAY	Exit	EXTENDED STAY AMER INCunit 99/99/9999b	$0	–	-1,804,652	–	-0.65%	–
	Exit	COBALT INTL ENERGY INCnote 3.125% 5/15/2024	$0	–	-219,229,000	–	-0.75%	–
GOLD	Exit	RANDGOLD RES LTDadr	$0	–	-431,700	–	-0.76%	–
TEVA	Exit	TEVA PHARMACEUTICAL INDS LTDsponsored adr	$0	–	-2,450,000	–	-0.77%	–
OASPQ	Exit	OASIS PETE INC NEW	$0	–	-4,861,561	–	-0.80%	–
ODP	Exit	OFFICE DEPOT INC	$0	–	-10,000,000	–	-0.82%	–
BKD	Exit	BROOKDALE SR LIVING INC	$0	–	-4,986,400	–	-0.95%	–
ENDP	Exit	ENDO INTL PLC	$0	–	-7,174,490	–	-1.10%	–
INSW	Exit	INTERNATIONAL SEAWAYS INC	$0	–	-3,456,773	–	-1.22%	–
SGYPQ	Exit	SYNERGY PHARMACEUTICALS DEL	$0	–	-24,062,368	–	-1.25%	–
HZNP	Exit	HORIZON PHARMA PLC	$0	–	-5,578,850	–	-1.27%	–
BACWSA	Exit	BANK AMER CORP* w exp 01/16/2019	$0	–	-6,263,526	–	-1.49%	–
NG	Exit	NOVAGOLD RES INC	$0	–	-21,992,896	–	-1.63%	–
TSU	Exit	TIM PARTICIPACOES S Asponsored adr	$0	–	-5,550,600	–	-1.82%	–
AU	Exit	ANGLOGOLD ASHANTI LTDsponsored adr	$0	–	-12,782,400	–	-2.13%	–
CZR	Exit	CAESARS ENTMT CORP	$0	–	-14,417,900	–	-3.46%	–
VST	Exit	VISTRA ENERGY CORP	$0	–	-11,530,556	–	-3.87%	–
MNKKQ	Exit	MALLINCKRODT PUB LTD CO	$0	–	-6,626,672	–	-4.44%	–
TWX	Exit	TIME WARNER INC	$0	–	-2,426,155	–	-4.46%	–
AABA	Exit	ALTABA INC	$0	–	-3,799,200	–	-4.52%	–
DISH	Exit	DISH NETWORK CORPcl a	$0	–	-4,676,700	–	-4.55%	–
CACQ	Exit	CAESARS ACQUISITION COcl a	$0	–	-13,117,998	–	-5.05%	–
VRX	Exit	VALEANT PHARMACEUTICALS INTL	$0	–	-20,839,035	–	-5.36%	–
TMUS	Exit	T MOBILE US INC	$0	–	-5,200,000	–	-5.76%	–
AGN	Exit	ALLERGAN PLC	$0	–	-2,180,292	–	-8.02%	–
MYL	Exit	MYLAN N V	$0	–	-14,718,600	–	-8.29%	–
SHPG	Exit	SHIRE PLCsponsored adr	$0	–	-3,153,400	–	-8.67%	–
GLD	Exit	SPDR GOLD TRUST	$0	–	-4,359,722	–	-9.52%	–

Q3 2017

			Value		Shares		↓ Weighting
SHPG	Sell	SHIRE PLCsponsored adr	$482,912,000	-16.1%	3,153,400	-9.4%	8.67%	+11.4%
MYL	Sell	MYLAN N V	$461,722,000	-25.4%	14,718,600	-7.6%	8.29%	-0.9%
AGN	Sell	ALLERGAN PLC	$446,851,000	-32.0%	2,180,292	-19.4%	8.02%	-9.7%
TMUS	Sell	T MOBILE US INC	$320,632,000	-12.6%	5,200,000	-14.1%	5.76%	+16.1%
VRX	Sell	VALEANT PHARMACEUTICALS INTL	$298,623,000	-20.9%	20,839,035	-4.5%	5.36%	+5.1%
DISH	Buy	DISH NETWORK CORPcl a	$253,617,000	+1.1%	4,676,700	+17.0%	4.55%	+34.2%
AABA	Buy	ALTABA INC	$251,659,000	+72.7%	3,799,200	+42.0%	4.52%	+129.3%
TWX	Sell	TIME WARNER INC	$248,560,000	-17.1%	2,426,155	-18.8%	4.46%	+10.1%
MNKKQ	Sell	MALLINCKRODT PUB LTD CO	$247,639,000	-19.8%	6,626,672	-3.8%	4.44%	+6.5%
HZNP	Buy	HORIZON PHARMA PLC	$70,740,000	+20.7%	5,578,850	+13.0%	1.27%	+60.4%
SGYPQ	Sell	SYNERGY PHARMACEUTICALS DEL	$69,781,000	-34.9%	24,062,368	-0.1%	1.25%	-13.5%
ODP	Sell	OFFICE DEPOT INC	$45,400,000	-36.1%	10,000,000	-20.7%	0.82%	-15.2%
OASPQ	Sell	OASIS PETE INC NEW	$44,337,000	+13.1%	4,861,561	-0.1%	0.80%	+50.2%
TEVA	Sell	TEVA PHARMACEUTICAL INDS LTDsponsored adr	$43,120,000	-80.8%	2,450,000	-63.7%	0.77%	-74.4%
	New	COBALT INTL ENERGY INCnote 3.125% 5/15/2024	$41,654,000	–	219,229,000	–	0.75%	–
RLGY	Sell	REALOGY HLDGS CORP	$32,950,000	-74.6%	1,000,000	-75.0%	0.59%	-66.3%
MON	Buy	MONSANTO CO NEW	$26,049,000	+38.2%	217,400	+36.6%	0.47%	+83.5%
CPN	New	CALPINE CORP	$24,827,000	–	1,683,200	–	0.45%	–
ENZY	Sell	ENZYMOTEC LTD	$24,079,000	-29.3%	2,102,990	-50.0%	0.43%	-6.3%
EQT	New	EQT CORP	$19,117,000	–	293,021	–	0.34%	–
BCR	Buy	BARD C R INC	$18,820,000	+41.3%	58,722	+39.4%	0.34%	+87.8%
S	New	SPRINT CORP	$18,470,000	–	2,374,000	–	0.33%	–
XCRA	Sell	XCERRA CORP	$17,070,000	-30.8%	1,733,000	-31.3%	0.31%	-8.1%
COL	New	ROCKWELL COLLINS INC	$14,692,000	–	112,400	–	0.26%	–
DOVA	Sell	DOVA PHARMACEUTICALS INC	$9,982,000	-28.0%	550,681	-11.4%	0.18%	-4.3%
BOBE	New	BOB EVANS FARMS INC	$8,216,000	–	106,000	–	0.15%	–
KMDA	Sell	KAMADA LTD	$3,508,000	-26.1%	730,800	-7.6%	0.06%	-1.6%
CIEIQ	Sell	COBALT INTL ENERGY INC	$2,926,000	-42.2%	2,046,394	-0.1%	0.05%	-22.1%
LOXO	Sell	LOXO ONCOLOGY INC	$2,100,000	-96.2%	22,800	-96.7%	0.04%	-94.9%
IEF	New	ISHARES TRbarclays 7 10 yr	$2,130,000	–	20,000	–	0.04%	–
NXPI	Sell	NXP SEMICONDUCTORS N V	$1,414,000	-98.9%	12,500	-99.0%	0.02%	-98.6%
HUN	Sell	HUNTSMAN CORP	$137,000	-59.2%	5,000	-61.5%	0.00%	-60.0%
OKTA	Exit	OKTA INCcl a added	$0	–	-7,500	–	-0.00%	–
ARDMQ	Exit	ARADIGM CORP	$0	–	-192,727	–	-0.00%	–
TNDM	Exit	TANDEM DIABETES CARE INC	$0	–	-500,000	–	-0.01%	–
CRSP	Exit	CRISPR THERAPEUTICS AGnamen akt	$0	–	-28,500	–	-0.01%	–
SIEN	Exit	SIENTRA INC	$0	–	-79,800	–	-0.01%	–
NTLA	Exit	INTELLIA THERAPEUTICS INC	$0	–	-48,600	–	-0.01%	–
EDIT	Exit	EDITAS MEDICINE INC	$0	–	-50,000	–	-0.01%	–
TRVN	Exit	TREVENA INC	$0	–	-407,626	–	-0.01%	–
MULE	Exit	MULESOFT INCcl a	$0	–	-43,000	–	-0.01%	–
RXDX	Exit	IGNYTA INC	$0	–	-123,000	–	-0.02%	–
PODD	Exit	INSULET CORP	$0	–	-25,000	–	-0.02%	–
HALO	Exit	HALOZYME THERAPEUTICS INC	$0	–	-111,100	–	-0.02%	–
IMGN	Exit	IMMUNOGEN INC	$0	–	-229,222	–	-0.02%	–
ENTL	Exit	ENTELLUS MED INC	$0	–	-102,702	–	-0.02%	–
AAPL	Exit	APPLE INC	$0	–	-12,300	–	-0.02%	–
RIGL	Exit	RIGEL PHARMACEUTICALS INC	$0	–	-662,056	–	-0.02%	–
BCRX	Exit	BIOCRYST PHARMACEUTICALS	$0	–	-349,500	–	-0.03%	–
PBYI	Exit	PUMA BIOTECHNOLOGY INC	$0	–	-27,500	–	-0.03%	–
SNY	Exit	SANOFIsponsored adr	$0	–	-52,000	–	-0.03%	–
KTWO	Exit	K2M GROUP HLDGS INC	$0	–	-109,600	–	-0.04%	–
BPMC	Exit	BLUEPRINT MEDICINES CORP	$0	–	-65,800	–	-0.04%	–
CYH	Exit	COMMUNITY HEALTH SYS INC NEWput	$0	–	-340,000	–	-0.05%	–
GOOG	Exit	ALPHABET INCcap stk cl c	$0	–	-4,000	–	-0.05%	–
WDAY	Exit	WORKDAY INCcl a	$0	–	-38,600	–	-0.05%	–
WBMD	Exit	WEBMD HEALTH CORP	$0	–	-64,688	–	-0.05%	–
GRFS	Exit	GRIFOLS S Asp adr rep b nvt	$0	–	-196,753	–	-0.06%	–
MELI	Exit	MERCADOLIBRE INC	$0	–	-20,000	–	-0.07%	–
COR	Exit	CORESITE RLTY CORP	$0	–	-49,000	–	-0.07%	–
DVAX	Exit	DYNAVAX TECHNOLOGIES CORP	$0	–	-554,600	–	-0.07%	–
AMRI	Exit	ALBANY MOLECULAR RESH INC	$0	–	-314,200	–	-0.09%	–
SERV	Exit	SERVICEMASTER GLOBAL HLDGS I	$0	–	-174,000	–	-0.09%	–
MGI	Exit	MONEYGRAM INTL INC	$0	–	-435,932	–	-0.10%	–
AMZN	Exit	AMAZON COM INC	$0	–	-7,800	–	-0.10%	–
MYL	Exit	MYLAN N Vcall	$0	–	-200,000	–	-0.10%	–
HCA	Exit	HCA HEALTHCARE INC	$0	–	-90,000	–	-0.11%	–
Z	Exit	ZILLOW GROUP INCcl c cap stk	$0	–	-160,000	–	-0.11%	–
SPNC	Exit	SPECTRANETICS CORP	$0	–	-237,500	–	-0.12%	–
CTRP	Exit	CTRIP COM INTL LTD	$0	–	-173,200	–	-0.13%	–
ISRG	Exit	INTUITIVE SURGICAL INC	$0	–	-10,200	–	-0.13%	–
ESPR	Exit	ESPERION THERAPEUTICS INC NE	$0	–	-210,500	–	-0.13%	–
SNAP	Exit	SNAP INCput	$0	–	-580,000	–	-0.14%	–
PANW	Exit	PALO ALTO NETWORKS INC	$0	–	-80,100	–	-0.14%	–
STE	Exit	STERIS PLC	$0	–	-131,500	–	-0.14%	–
GSK	Exit	GLAXOSMITHKLINE PLCsponsored adr	$0	–	-289,500	–	-0.17%	–
ALXN	Exit	ALEXION PHARMACEUTICALS INC	$0	–	-103,200	–	-0.17%	–
TIME	Exit	TIME INC NEW	$0	–	-887,200	–	-0.17%	–
DXCM	Exit	DEXCOM INC	$0	–	-183,400	–	-0.18%	–
TEAM	Exit	ATLASSIAN CORP PLCcl a	$0	–	-397,900	–	-0.19%	–
NEWR	Exit	NEW RELIC INC	$0	–	-353,300	–	-0.20%	–
RAI	Exit	REYNOLDS AMERICAN INC	$0	–	-236,787	–	-0.21%	–
XENT	Exit	INTERSECT ENT INC	$0	–	-558,000	–	-0.21%	–
FDX	Exit	FEDEX CORP	$0	–	-75,400	–	-0.22%	–
MBBYF	Exit	MOBILEYE N V AMSTELVEEN	$0	–	-272,629	–	-0.23%	–
L100PS	Exit	ARCONIC INC	$0	–	-897,500	–	-0.28%	–
SHPG	Exit	SHIRE PLCcall	$0	–	-125,000	–	-0.28%	–
FB	Exit	FACEBOOK INCcl a	$0	–	-144,500	–	-0.30%	–
ALXN	Exit	ALEXION PHARMACEUTICALS INCcall	$0	–	-200,000	–	-0.33%	–
HTZGQ	Exit	HERTZ GLOBAL HLDGS INCput	$0	–	-2,550,000	–	-0.40%	–
	Exit	COBALT INTL ENERGY INCnote 3.125% 5/15/2024	$0	–	-219,229,000	–	-0.59%	–
WLH	Exit	LYON WILLIAM HOMEScl a new	$0	–	-3,322,666	–	-1.08%	–
VWR	Exit	VWR CORP	$0	–	-2,675,200	–	-1.19%	–
AIG	Exit	AMERICAN INTL GROUP INC	$0	–	-4,140,763	–	-3.50%	–

Q2 2017

			Value		Shares		↓ Weighting
AGN	New	ALLERGAN PLC	$657,211,000	–	2,703,570	–	8.88%	–
MYL	New	MYLAN N V	$618,542,000	–	15,933,600	–	8.36%	–
SHPG	New	SHIRE PLCsponsored adr	$575,404,000	–	3,481,600	–	7.78%	–
GLD	New	SPDR GOLD TRUST	$514,534,000	–	4,359,722	–	6.96%	–
VRX	New	VALEANT PHARMACEUTICALS INTL	$377,372,000	–	21,813,400	–	5.10%	–
TMUS	New	T MOBILE US INC	$366,793,000	–	6,050,700	–	4.96%	–
MNKKQ	New	MALLINCKRODT PUB LTD CO	$308,802,000	–	6,891,372	–	4.18%	–
TWX	New	TIME WARNER INC	$299,870,000	–	2,986,455	–	4.05%	–
AIG	New	AMERICAN INTL GROUP INC	$258,881,000	–	4,140,763	–	3.50%	–
DISH	New	DISH NETWORK CORPcl a	$250,965,000	–	3,998,800	–	3.39%	–
CACQ	New	CAESARS ACQUISITION COcl a	$249,898,000	–	13,117,998	–	3.38%	–
TEVA	New	TEVA PHARMACEUTICAL INDS LTDsponsored adr	$224,036,000	–	6,744,000	–	3.03%	–
VST	New	VISTRA ENERGY CORP	$193,598,000	–	11,530,556	–	2.62%	–
CZR	New	CAESARS ENTMT CORP	$173,015,000	–	14,417,900	–	2.34%	–
AABA	New	ALTABA INC	$145,734,000	–	2,675,000	–	1.97%	–
NXPI	New	NXP SEMICONDUCTORS N V	$131,413,000	–	1,200,664	–	1.78%	–
RLGY	New	REALOGY HLDGS CORP	$129,800,000	–	4,000,000	–	1.76%	–
AU	New	ANGLOGOLD ASHANTI LTDsponsored adr	$124,245,000	–	12,782,400	–	1.68%	–
SGYPQ	New	SYNERGY PHARMACEUTICALS DEL	$107,195,000	–	24,088,655	–	1.45%	–
NG	New	NOVAGOLD RES INC	$100,288,000	–	21,992,896	–	1.36%	–
VWR	New	VWR CORP	$88,308,000	–	2,675,200	–	1.19%	–
TSU	New	TIM PARTICIPACOES S Asponsored adr	$82,149,000	–	5,550,600	–	1.11%	–
WLH	New	LYON WILLIAM HOMEScl a new	$80,209,000	–	3,322,666	–	1.08%	–
ENDP	New	ENDO INTL PLC	$80,139,000	–	7,174,490	–	1.08%	–
BACWSA	New	BANK AMER CORP* w exp 01/16/2019	$75,413,000	–	6,263,526	–	1.02%	–
INSW	New	INTERNATIONAL SEAWAYS INC	$74,908,000	–	3,456,773	–	1.01%	–
BKD	New	BROOKDALE SR LIVING INC	$73,350,000	–	4,986,400	–	0.99%	–
ODP	New	OFFICE DEPOT INC	$71,086,000	–	12,603,900	–	0.96%	–
HZNP	New	HORIZON PHARMA PLC	$58,584,000	–	4,935,500	–	0.79%	–
LOXO	New	LOXO ONCOLOGY INC	$55,082,000	–	686,893	–	0.74%	–
	New	COBALT INTL ENERGY INCnote 3.125% 5/15/2024	$43,846,000	–	219,229,000	–	0.59%	–
OASPQ	New	OASIS PETE INC NEW	$39,186,000	–	4,867,847	–	0.53%	–
GOLD	New	RANDGOLD RES LTDadr	$38,188,000	–	431,700	–	0.52%	–
STAY	New	EXTENDED STAY AMER INCunit 99/99/9999b	$34,938,000	–	1,804,652	–	0.47%	–
AEM	New	AGNICO EAGLE MINES LTD	$34,183,000	–	757,600	–	0.46%	–
ENZY	New	ENZYMOTEC LTD	$34,068,000	–	4,205,980	–	0.46%	–
HTZGQ	New	HERTZ GLOBAL HLDGS INCput	$29,325,000	–	2,550,000	–	0.40%	–
THM	New	INTERNATIONAL TOWER HILL MIN	$26,634,000	–	55,487,842	–	0.36%	–
XCRA	New	XCERRA CORP	$24,655,000	–	2,523,571	–	0.33%	–
ALXN	New	ALEXION PHARMACEUTICALS INCcall	$24,334,000	–	200,000	–	0.33%	–
FB	New	FACEBOOK INCcl a	$21,817,000	–	144,500	–	0.30%	–
SHPG	New	SHIRE PLCcall	$20,659,000	–	125,000	–	0.28%	–
L100PS	New	ARCONIC INC	$20,328,000	–	897,500	–	0.28%	–
IAG	New	IAMGOLD CORP	$19,938,000	–	3,863,912	–	0.27%	–
MON	New	MONSANTO CO NEW	$18,843,000	–	159,200	–	0.26%	–
MBBYF	New	MOBILEYE N V AMSTELVEEN	$17,121,000	–	272,629	–	0.23%	–
FDX	New	FEDEX CORP	$16,387,000	–	75,400	–	0.22%	–
XENT	New	INTERSECT ENT INC	$15,596,000	–	558,000	–	0.21%	–
RAI	New	REYNOLDS AMERICAN INC	$15,401,000	–	236,787	–	0.21%	–
NEWR	New	NEW RELIC INC	$15,195,000	–	353,300	–	0.20%	–
TEAM	New	ATLASSIAN CORP PLCcl a	$13,998,000	–	397,900	–	0.19%	–
DOVA	New	DOVA PHARMACEUTICALS INC	$13,856,000	–	621,632	–	0.19%	–
DXCM	New	DEXCOM INC	$13,416,000	–	183,400	–	0.18%	–
BCR	New	BARD C R INC	$13,315,000	–	42,122	–	0.18%	–
TIME	New	TIME INC NEW	$12,731,000	–	887,200	–	0.17%	–
ALXN	New	ALEXION PHARMACEUTICALS INC	$12,556,000	–	103,200	–	0.17%	–
GSK	New	GLAXOSMITHKLINE PLCsponsored adr	$12,483,000	–	289,500	–	0.17%	–
SD	New	SANDRIDGE ENERGY INC	$11,471,000	–	666,535	–	0.16%	–
TGNA	New	TEGNA INC	$11,215,000	–	778,300	–	0.15%	–
STE	New	STERIS PLC	$10,717,000	–	131,500	–	0.14%	–
PANW	New	PALO ALTO NETWORKS INC	$10,718,000	–	80,100	–	0.14%	–
SNAP	New	SNAP INCput	$10,307,000	–	580,000	–	0.14%	–
ESPR	New	ESPERION THERAPEUTICS INC NE	$9,742,000	–	210,500	–	0.13%	–
ISRG	New	INTUITIVE SURGICAL INC	$9,541,000	–	10,200	–	0.13%	–
CTRP	New	CTRIP COM INTL LTD	$9,329,000	–	173,200	–	0.13%	–
SPNC	New	SPECTRANETICS CORP	$9,120,000	–	237,500	–	0.12%	–
Z	New	ZILLOW GROUP INCcl c cap stk	$7,842,000	–	160,000	–	0.11%	–
HCA	New	HCA HEALTHCARE INC	$7,848,000	–	90,000	–	0.11%	–
MYL	New	MYLAN N Vcall	$7,764,000	–	200,000	–	0.10%	–
MGI	New	MONEYGRAM INTL INC	$7,520,000	–	435,932	–	0.10%	–
SA	New	SEABRIDGE GOLD INC	$7,560,000	–	700,000	–	0.10%	–
AMZN	New	AMAZON COM INC	$7,550,000	–	7,800	–	0.10%	–
TMQ	New	TRILOGY METALS INC NEW	$7,338,000	–	11,566,126	–	0.10%	–
BACWSB	New	BANK AMER CORP* w exp 10/28/2018	$7,053,000	–	8,928,344	–	0.10%	–
SERV	New	SERVICEMASTER GLOBAL HLDGS I	$6,819,000	–	174,000	–	0.09%	–
AMRI	New	ALBANY MOLECULAR RESH INC	$6,818,000	–	314,200	–	0.09%	–
SYMX	New	SYNTHESIS ENERGY SYS INC	$6,700,000	–	10,000,000	–	0.09%	–
DVAX	New	DYNAVAX TECHNOLOGIES CORP	$5,352,000	–	554,600	–	0.07%	–
COR	New	CORESITE RLTY CORP	$5,073,000	–	49,000	–	0.07%	–
CIEIQ	New	COBALT INTL ENERGY INC	$5,060,000	–	2,048,595	–	0.07%	–
MELI	New	MERCADOLIBRE INC	$5,018,000	–	20,000	–	0.07%	–
KMDA	New	KAMADA LTD	$4,745,000	–	790,800	–	0.06%	–
GRFS	New	GRIFOLS S Asp adr rep b nvt	$4,157,000	–	196,753	–	0.06%	–
WBMD	New	WEBMD HEALTH CORP	$3,794,000	–	64,688	–	0.05%	–
WDAY	New	WORKDAY INCcl a	$3,744,000	–	38,600	–	0.05%	–
GOOG	New	ALPHABET INCcap stk cl c	$3,635,000	–	4,000	–	0.05%	–
CYH	New	COMMUNITY HEALTH SYS INC NEWput	$3,386,000	–	340,000	–	0.05%	–
BPMC	New	BLUEPRINT MEDICINES CORP	$3,334,000	–	65,800	–	0.04%	–
KTWO	New	K2M GROUP HLDGS INC	$2,670,000	–	109,600	–	0.04%	–
SNY	New	SANOFIsponsored adr	$2,491,000	–	52,000	–	0.03%	–
PBYI	New	PUMA BIOTECHNOLOGY INC	$2,404,000	–	27,500	–	0.03%	–
BCRX	New	BIOCRYST PHARMACEUTICALS	$1,943,000	–	349,500	–	0.03%	–
RIGL	New	RIGEL PHARMACEUTICALS INC	$1,807,000	–	662,056	–	0.02%	–
AAPL	New	APPLE INC	$1,771,000	–	12,300	–	0.02%	–
ENTL	New	ENTELLUS MED INC	$1,701,000	–	102,702	–	0.02%	–
IMGN	New	IMMUNOGEN INC	$1,630,000	–	229,222	–	0.02%	–
HALO	New	HALOZYME THERAPEUTICS INC	$1,424,000	–	111,100	–	0.02%	–
RXDX	New	IGNYTA INC	$1,273,000	–	123,000	–	0.02%	–
PODD	New	INSULET CORP	$1,283,000	–	25,000	–	0.02%	–
MULE	New	MULESOFT INCcl a	$1,072,000	–	43,000	–	0.01%	–
TRVN	New	TREVENA INC	$938,000	–	407,626	–	0.01%	–
EDIT	New	EDITAS MEDICINE INC	$839,000	–	50,000	–	0.01%	–
NTLA	New	INTELLIA THERAPEUTICS INC	$778,000	–	48,600	–	0.01%	–
SIEN	New	SIENTRA INC	$776,000	–	79,800	–	0.01%	–
CRSP	New	CRISPR THERAPEUTICS AGnamen akt	$457,000	–	28,500	–	0.01%	–
TNDM	New	TANDEM DIABETES CARE INC	$400,000	–	500,000	–	0.01%	–
HUN	New	HUNTSMAN CORP	$336,000	–	13,000	–	0.01%	–
ARDMQ	New	ARADIGM CORP	$252,000	–	192,727	–	0.00%	–
OKTA	New	OKTA INCcl a added	$171,000	–	7,500	–	0.00%	–

Q4 2016

			Value		Shares		↓ Weighting
LILA	Exit	LIBERTY GLOBAL PLC LILAC - A	$0	–	-4,990	–	-0.00%	–
CLDX	Exit	CELLDEX THERAPEUTICS INC	$0	–	-70,800	–	-0.00%	–
OSG	Exit	OVERSEAS SHIPHOLDING GROUP-Acl a new added	$0	–	-45,139	–	-0.01%	–
BACWSB	Exit	BANK OF AMERICA CORP-CW-B* w exp 10/28/2018	$0	–	-8,944,186	–	-0.01%	–
ARDMQ	Exit	ARADIGM CORP	$0	–	-146,918	–	-0.01%	–
ALNY	Exit	ALNYLAM PHARMACEUTICALS INC	$0	–	-19,300	–	-0.01%	–
ESPR	Exit	ESPERION THERAPEUTICS INC	$0	–	-102,000	–	-0.02%	–
BCRX	Exit	BIOCRYST PHARMACEUTICALS INC	$0	–	-363,100	–	-0.02%	–
WCIC	Exit	WCI COMMUNITIES INC	$0	–	-70,000	–	-0.02%	–
DVAX	Exit	DYNAVAX TECHNOLOGIES CORP	$0	–	-174,000	–	-0.02%	–
ALDR	Exit	ALDER BIOPHARMACEUTICALS INC	$0	–	-74,000	–	-0.03%	–
CBOE	Exit	CBOE HOLDINGS INC	$0	–	-38,412	–	-0.03%	–
TLND	Exit	TALEND SA - ADRads	$0	–	-100,800	–	-0.03%	–
RIGL	Exit	RIGEL PHARMACEUTICALS INC	$0	–	-805,000	–	-0.03%	–
INSM	Exit	INSMED INC	$0	–	-205,200	–	-0.03%	–
FCH	Exit	FELCOR LODGING TRUST INC	$0	–	-500,000	–	-0.04%	–
SHOP	Exit	SHOPIFY INC - CLASS Acl a	$0	–	-74,200	–	-0.04%	–
LLY	Exit	ELI LILLY & CO	$0	–	-45,800	–	-0.04%	–
DXCM	Exit	DEXCOM INC	$0	–	-43,500	–	-0.04%	–
KMDA	Exit	KAMADA LTD	$0	–	-730,800	–	-0.04%	–
MELI	Exit	MERCADOLIBRE INC	$0	–	-20,900	–	-0.04%	–
CKEC	Exit	CARMIKE CINEMAS INC	$0	–	-120,000	–	-0.04%	–
ITC	Exit	ITC HOLDINGS CORP	$0	–	-85,100	–	-0.04%	–
JNJ	Exit	JOHNSON & JOHNSON	$0	–	-35,000	–	-0.04%	–
IM	Exit	INGRAM MICRO INC-CL Acl a	$0	–	-145,086	–	-0.06%	–
PBYI	Exit	PUMA BIOTECHNOLOGY INC	$0	–	-84,500	–	-0.06%	–
BLOX	Exit	INFOBLOX INC	$0	–	-230,000	–	-0.07%	–
MJN	Exit	MEAD JOHNSON NUTRITION CO	$0	–	-78,500	–	-0.07%	–
TMQ	Exit	TRILOGY METALS INC	$0	–	-11,612,278	–	-0.07%	–
MWW	Exit	MONSTER WORLDWIDE INC	$0	–	-2,000,000	–	-0.08%	–
EXPE	Exit	EXPEDIA INC	$0	–	-63,300	–	-0.08%	–
STJ	Exit	ST JUDE MEDICAL INC	$0	–	-94,500	–	-0.08%	–
PFE	Exit	PFIZER INC	$0	–	-252,000	–	-0.09%	–
BSX	Exit	BOSTON SCIENTIFIC CORP	$0	–	-410,000	–	-0.11%	–
CVS	Exit	CVS HEALTH CORP	$0	–	-122,200	–	-0.12%	–
MCK	Exit	MCKESSON CORP	$0	–	-67,000	–	-0.12%	–
MAR	Exit	MARRIOTT INTERNATIONAL -CL Acl a	$0	–	-170,000	–	-0.12%	–
SHPG	Exit	SHIRE PLC-ADRcall	$0	–	-60,000	–	-0.13%	–
SYMX	Exit	SYNTHESIS ENERGY SYSTEMS INC	$0	–	-10,000,000	–	-0.13%	–
HCA	Exit	HCA HOLDINGS INC	$0	–	-162,500	–	-0.13%	–
HUM	Exit	HUMANA INC	$0	–	-79,500	–	-0.15%	–
CYH	Exit	COMMUNITY HEALTH SYSput	$0	–	-1,275,000	–	-0.16%	–
IAG	Exit	IAMGOLD CORP	$0	–	-3,863,912	–	-0.17%	–
SNY	Exit	SANOFI-ADRsponsored adr	$0	–	-417,000	–	-0.17%	–
LIVN	Exit	LIVANOVA PLC	$0	–	-277,100	–	-0.18%	–
ETSY	Exit	ETSY INC	$0	–	-1,256,000	–	-0.19%	–
FDX	Exit	FEDEX CORP	$0	–	-106,800	–	-0.20%	–
LOXO	Exit	LOXO ONCOLOGY INC	$0	–	-736,941	–	-0.21%	–
THM	Exit	INTERNATIONAL TOWER HILL MINE	$0	–	-23,058,000	–	-0.22%	–
EBAY	Exit	EBAY INC	$0	–	-628,100	–	-0.22%	–
STE	Exit	STERIS PLC	$0	–	-311,800	–	-0.25%	–
	Exit	COBALT INTL ENERGY INC 2.625% 12/01/2019note 2.625%12/01/2019	$0	–	-48,260,000	–	-0.27%	–
FB	Exit	FACEBOOK INC-Acl a	$0	–	-212,700	–	-0.30%	–
ALXN	Exit	ALEXION PHARMACEUTICALS INC	$0	–	-227,700	–	-0.30%	–
ENZY	Exit	ENZYMOTEC LTD	$0	–	-4,205,980	–	-0.32%	–
MYL	Exit	MYLAN NVcall	$0	–	-940,400	–	-0.39%	–
VNDA	Exit	VANDA PHARMACEUTICALS INC	$0	–	-2,175,000	–	-0.39%	–
CIE	Exit	COBALT INTERNATIONAL ENERGY	$0	–	-31,218,927	–	-0.42%	–
GRFS	Exit	GRIFOLS SA-ADRsp adr rep b nvt	$0	–	-2,478,600	–	-0.43%	–
TBRA	Exit	TOBIRA THERAPEUTICS INC	$0	–	-1,070,000	–	-0.46%	–
ATVI	Exit	ACTIVISION BLIZZARD INC	$0	–	-974,200	–	-0.47%	–
TTWO	Exit	TAKE-TWO INTERACTIVE SOFTWRE	$0	–	-974,200	–	-0.48%	–
TMUS	Exit	T-MOBILE US INC	$0	–	-954,000	–	-0.48%	–
AGN	Exit	ALLERGAN PLCcall	$0	–	-214,700	–	-0.54%	–
GOLD	Exit	RANDGOLD RESOURCES LTD-ADRadr	$0	–	-500,000	–	-0.54%	–
DVMT	Exit	DELL TECHNOLOGIES INC-CL V	$0	–	-1,096,804	–	-0.57%	–
ODP	Exit	OFFICE DEPOT INC	$0	–	-15,370,657	–	-0.60%	–
BACWSA	Exit	BANK OF AMERICA CORP-CW19* w exp 01/16/2019	$0	–	-12,905,026	–	-0.65%	–
OASPQ	Exit	OASIS PETROLEUM INC	$0	–	-5,208,100	–	-0.65%	–
WLH	Exit	WILLIAM LYON HOMES-CL Acl a new	$0	–	-3,322,666	–	-0.67%	–
AEM	Exit	AGNICO EAGLE MINES LTD	$0	–	-1,260,600	–	-0.74%	–
TSU	Exit	TIM PARTICIPACOES SA-ADRsponsored adr	$0	–	-5,719,000	–	-0.76%	–
ACAS	Exit	AMERICAN CAPITAL LTD	$0	–	-4,331,200	–	-0.79%	–
	Exit	COBALT INTL ENERGY INC 3.125% 05/15/2024note 3.125% 5/15/2024	$0	–	-219,229,000	–	-0.90%	–
BIIB	Exit	BIOGEN INC	$0	–	-308,000	–	-1.04%	–
CZR	Exit	CAESARS ENTERTAINMENT CORP	$0	–	-14,417,900	–	-1.16%	–
RLGY	Exit	REALOGY HOLDINGS CORP	$0	–	-4,785,000	–	-1.34%	–
SGYPQ	Exit	SYNERGY PHARMACEUTICALS INC	$0	–	-24,228,655	–	-1.45%	–
HPE	Exit	HEWLETT PACKARD ENTERPRIS	$0	–	-5,963,100	–	-1.47%	–
VMW	Exit	VMWARE INC-CLASS A	$0	–	-1,914,015	–	-1.52%	–
NG	Exit	NOVAGOLD RESOURCES INC	$0	–	-25,602,996	–	-1.55%	–
ENDP	Exit	ENDO INTERNATIONAL PLC	$0	–	-7,953,900	–	-1.74%	–
CACQ	Exit	CAESARS ACQUISITION CO-CL Acl a	$0	–	-13,117,998	–	-1.77%	–
AU	Exit	ANGLOGOLD ASHANTI-SPON ADRsponsored adr	$0	–	-12,782,400	–	-2.21%	–
AKRXQ	Exit	AKORN INC	$0	–	-8,974,400	–	-2.65%	–
VRX	Exit	VALEANT PHARMACEUTICALS INTE	$0	–	-18,871,000	–	-5.02%	–
STAY	Exit	EXTENDED STAY AMERICA INCunit 99/99/9999b	$0	–	-37,678,258	–	-5.80%	–
AIG	Exit	AMERICAN INTERNATIONAL GROUP	$0	–	-9,060,100	–	-5.83%	–
MNKKQ	Exit	MALLINCKRODT PLC	$0	–	-7,974,472	–	-6.03%	–
GLD	Exit	SPDR GOLD TRUST	$0	–	-4,775,012	–	-6.50%	–
TEVA	Exit	TEVA PHARMACEUTICAL-SP ADRadr	$0	–	-16,076,900	–	-8.02%	–
MYL	Exit	MYLAN NV	$0	–	-21,811,661	–	-9.01%	–
AGN	Exit	ALLERGAN PLC	$0	–	-3,891,134	–	-9.71%	–
SHPG	Exit	SHIRE PLC-ADRsponsored adr	$0	–	-4,667,800	–	-9.81%	–

Q3 2016

			Value		Shares		↓ Weighting
SHPG	Sell	SHIRE PLC-ADRsponsored adr	$904,900,000	-5.4%	4,667,800	-10.1%	9.81%	+0.9%
AGN	Sell	ALLERGAN PLC	$896,167,000	-1.8%	3,891,134	-1.5%	9.71%	+4.7%
MYL	Sell	MYLAN NV	$831,461,000	-12.7%	21,811,661	-1.0%	9.01%	-6.9%
TEVA	Sell	TEVA PHARMACEUTICAL-SP ADRadr	$739,698,000	-12.2%	16,076,900	-4.2%	8.02%	-6.4%
MNKKQ	Sell	MALLINCKRODT PLC	$556,459,000	+9.4%	7,974,472	-4.7%	6.03%	+16.6%
STAY	Sell	EXTENDED STAY AMERICA INCunit 99/99/9999b	$535,031,000	-16.1%	37,678,258	-11.7%	5.80%	-10.6%
VRX	Sell	VALEANT PHARMACEUTICALS INTE	$463,283,000	+20.6%	18,871,000	-1.1%	5.02%	+28.6%
AKRXQ	Sell	AKORN INC	$244,642,000	-4.7%	8,974,400	-0.4%	2.65%	+1.6%
AU	Sell	ANGLOGOLD ASHANTI-SPON ADRsponsored adr	$203,496,000	-12.1%	12,782,400	-0.3%	2.21%	-6.3%
CACQ	Sell	CAESARS ACQUISITION CO-CL Acl a	$162,926,000	+10.5%	13,117,998	-0.2%	1.77%	+17.8%
ENDP	Sell	ENDO INTERNATIONAL PLC	$160,271,000	+14.8%	7,953,900	-11.2%	1.74%	+22.4%
NG	Sell	NOVAGOLD RESOURCES INC	$143,377,000	-8.9%	25,602,996	-0.4%	1.55%	-2.8%
VMW	Sell	VMWARE INC-CLASS A	$140,393,000	+24.4%	1,914,015	-2.9%	1.52%	+32.7%
HPE	New	HEWLETT PACKARD ENTERPRIS	$135,661,000	–	5,963,100	–	1.47%	–
SGYPQ	Sell	SYNERGY PHARMACEUTICALS INC	$133,500,000	+26.6%	24,228,655	-12.7%	1.45%	+35.0%
CZR	Sell	CAESARS ENTERTAINMENT CORP	$107,413,000	-3.3%	14,417,900	-0.2%	1.16%	+3.1%
BIIB	Buy	BIOGEN INC	$96,413,000	+223.9%	308,000	+150.2%	1.04%	+244.9%
ACAS	Buy	AMERICAN CAPITAL LTD	$73,241,000	+9.5%	4,331,200	+2.5%	0.79%	+16.8%
TSU	Sell	TIM PARTICIPACOES SA-ADRsponsored adr	$70,001,000	+13.2%	5,719,000	-2.4%	0.76%	+20.9%
OASPQ	Sell	OASIS PETROLEUM INC	$59,737,000	+21.0%	5,208,100	-1.5%	0.65%	+28.9%
BACWSA	Sell	BANK OF AMERICA CORP-CW19* w exp 01/16/2019	$59,621,000	+32.2%	12,905,026	-0.4%	0.65%	+41.0%
ODP	Sell	OFFICE DEPOT INC	$54,873,000	+5.5%	15,370,657	-2.2%	0.60%	+12.5%
DVMT	New	DELL TECHNOLOGIES INC-CL V	$52,427,000	–	1,096,804	–	0.57%	–
TMUS	Sell	T-MOBILE US INC	$44,571,000	+5.1%	954,000	-2.6%	0.48%	+12.1%
TTWO	Sell	TAKE-TWO INTERACTIVE SOFTWRE	$43,917,000	+15.8%	974,200	-2.6%	0.48%	+23.6%
ATVI	Sell	ACTIVISION BLIZZARD INC	$43,157,000	+8.9%	974,200	-2.6%	0.47%	+16.1%
TBRA	New	TOBIRA THERAPEUTICS INC	$42,522,000	–	1,070,000	–	0.46%	–
GRFS	Sell	GRIFOLS SA-ADRsp adr rep b nvt	$39,583,000	-67.7%	2,478,600	-66.3%	0.43%	-65.5%
CIE	Sell	COBALT INTERNATIONAL ENERGY	$38,711,000	-26.1%	31,218,927	-20.1%	0.42%	-21.2%
VNDA	Sell	VANDA PHARMACEUTICALS INC	$36,192,000	-16.3%	2,175,000	-43.7%	0.39%	-10.9%
MYL	Sell	MYLAN NVcall	$35,848,000	-19.5%	940,400	-8.7%	0.39%	-14.1%
ENZY	Sell	ENZYMOTEC LTD	$29,442,000	-16.6%	4,205,980	-0.4%	0.32%	-11.1%
ALXN	Sell	ALEXION PHARMACEUTICALS INC	$27,902,000	-10.8%	227,700	-15.0%	0.30%	-5.0%
FB	Buy	FACEBOOK INC-Acl a	$27,283,000	+65.3%	212,700	+47.3%	0.30%	+76.2%
	Sell	COBALT INTL ENERGY INC 2.625% 12/01/2019note 2.625%12/01/2019	$24,552,000	-33.4%	48,260,000	-50.9%	0.27%	-29.1%
STE	New	STERIS PLC	$22,793,000	–	311,800	–	0.25%	–
EBAY	New	EBAY INC	$20,664,000	–	628,100	–	0.22%	–
LOXO	Buy	LOXO ONCOLOGY INC	$19,293,000	+232.5%	736,941	+194.4%	0.21%	+254.2%
FDX	Buy	FEDEX CORP	$18,656,000	+68.8%	106,800	+46.7%	0.20%	+80.4%
ETSY	Buy	ETSY INC	$17,936,000	+52.8%	1,256,000	+2.6%	0.19%	+63.0%
LIVN	Buy	LIVANOVA PLC	$16,656,000	+27.5%	277,100	+6.6%	0.18%	+36.1%
SNY	Buy	SANOFI-ADRsponsored adr	$15,925,000	-3.8%	417,000	+5.4%	0.17%	+3.0%
CYH	Buy	COMMUNITY HEALTH SYSput	$14,714,000	+38.8%	1,275,000	+44.9%	0.16%	+47.2%
HUM	New	HUMANA INC	$14,063,000	–	79,500	–	0.15%	–
HCA	New	HCA HOLDINGS INC	$12,290,000	–	162,500	–	0.13%	–
SHPG	Sell	SHIRE PLC-ADRcall	$11,632,000	-28.2%	60,000	-31.8%	0.13%	-23.6%
MAR	New	MARRIOTT INTERNATIONAL -CL Acl a	$11,446,000	–	170,000	–	0.12%	–
MCK	Buy	MCKESSON CORP	$11,172,000	-1.1%	67,000	+10.7%	0.12%	+5.2%
CVS	New	CVS HEALTH CORP	$10,875,000	–	122,200	–	0.12%	–
BSX	Buy	BOSTON SCIENTIFIC CORP	$9,758,000	+344.2%	410,000	+336.2%	0.11%	+381.8%
PFE	Sell	PFIZER INC	$8,535,000	-52.5%	252,000	-50.6%	0.09%	-49.2%
STJ	Buy	ST JUDE MEDICAL INC	$7,537,000	+112.4%	94,500	+107.7%	0.08%	+127.8%
EXPE	Sell	EXPEDIA INC	$7,388,000	-22.1%	63,300	-29.0%	0.08%	-16.7%
MWW	New	MONSTER WORLDWIDE INC	$7,220,000	–	2,000,000	–	0.08%	–
TMQ	New	TRILOGY METALS INC	$6,358,000	–	11,612,278	–	0.07%	–
MJN	New	MEAD JOHNSON NUTRITION CO	$6,202,000	–	78,500	–	0.07%	–
BLOX	New	INFOBLOX INC	$6,065,000	–	230,000	–	0.07%	–
PBYI	Sell	PUMA BIOTECHNOLOGY INC	$5,666,000	+30.5%	84,500	-42.0%	0.06%	+38.6%
IM	Buy	INGRAM MICRO INC-CL Acl a	$5,174,000	+10.3%	145,086	+7.6%	0.06%	+16.7%
JNJ	Sell	JOHNSON & JOHNSON	$4,135,000	-73.4%	35,000	-72.7%	0.04%	-71.5%
ITC	Buy	ITC HOLDINGS CORP	$3,955,000	+6.3%	85,100	+7.0%	0.04%	+13.2%
CKEC	New	CARMIKE CINEMAS INC	$3,923,000	–	120,000	–	0.04%	–
MELI	New	MERCADOLIBRE INC	$3,866,000	–	20,900	–	0.04%	–
KMDA	Sell	KAMADA LTD	$3,749,000	+38.7%	730,800	-0.7%	0.04%	+51.9%
DXCM	Sell	DEXCOM INC	$3,813,000	-61.1%	43,500	-64.8%	0.04%	-59.0%
LLY	New	ELI LILLY & CO	$3,676,000	–	45,800	–	0.04%	–
SHOP	New	SHOPIFY INC - CLASS Acl a	$3,185,000	–	74,200	–	0.04%	–
FCH	Sell	FELCOR LODGING TRUST INC	$3,215,000	-45.7%	500,000	-47.4%	0.04%	-41.7%
RIGL	Sell	RIGEL PHARMACEUTICALS INC	$2,954,000	+32.5%	805,000	-19.5%	0.03%	+39.1%
TLND	New	TALEND SA - ADRads	$2,637,000	–	100,800	–	0.03%	–
CBOE	New	CBOE HOLDINGS INC	$2,491,000	–	38,412	–	0.03%	–
ALDR	New	ALDER BIOPHARMACEUTICALS INC	$2,425,000	–	74,000	–	0.03%	–
WCIC	New	WCI COMMUNITIES INC	$1,660,000	–	70,000	–	0.02%	–
BCRX	Buy	BIOCRYST PHARMACEUTICALS INC	$1,601,000	+114.3%	363,100	+38.0%	0.02%	+112.5%
ARDMQ	Buy	ARADIGM CORP	$1,011,000	+251.0%	146,918	+122.9%	0.01%	+266.7%
BACWSB	Sell	BANK OF AMERICA CORP-CW-B* w exp 10/28/2018	$894,000	+28.4%	8,944,186	-0.2%	0.01%	+42.9%
LILA	New	LIBERTY GLOBAL PLC LILAC - A	$138,000	–	4,990	–	0.00%	–
KTWO	Exit	K2M GROUP HLDGS INC	$0	–	-47,500	–	-0.01%	–
EGRX	Exit	EAGLE PHARMACEUTICALS INC	$0	–	-21,000	–	-0.01%	–
PRGO	Exit	PERRIGO CO PLC	$0	–	-12,500	–	-0.01%	–
ENDP	Exit	ENDO INTL PLCcall	$0	–	-119,900	–	-0.02%	–
PCLN	Exit	PRICELINE GRP INC	$0	–	-1,700	–	-0.02%	–
RAD	Exit	RITE AID CORP	$0	–	-580,900	–	-0.04%	–
DWRE	Exit	DEMANDWARE INC	$0	–	-65,027	–	-0.05%	–
NCQ	Exit	NOVACOPPER INC	$0	–	-11,623,451	–	-0.06%	–
CI	Exit	CIGNA CORPORATION	$0	–	-61,800	–	-0.08%	–
Q	Exit	QUINTILES TRANSNATIO HLDGS	$0	–	-164,200	–	-0.11%	–
BEAV	Exit	B/E AEROSPACE INC	$0	–	-980,600	–	-0.46%	–
	Exit	MGIC INVT CORP WISnote 2.000% 4/0	$0	–	-114,500,000	–	-1.29%	–
EMC	Exit	E M C CORP MASS	$0	–	-10,045,606	–	-2.78%	–
HOT	Exit	STARWOOD HOTELS&RESORTS WRLD	$0	–	-4,496,476	–	-3.38%	–

Q2 2016

			Value		Shares		↓ Weighting
SHPG	New	SHIRE PLCsponsored adr	$956,222,000	–	5,194,600	–	9.72%	–
MYL	New	MYLAN N V	$952,493,000	–	22,028,061	–	9.68%	–
AGN	New	ALLERGAN PLC	$912,448,000	–	3,948,451	–	9.28%	–
TEVA	New	TEVA PHARMACEUTICAL INDS LTDadr	$842,548,000	–	16,773,800	–	8.56%	–
STAY	New	EXTENDED STAY AMER INCunit 99/99/9999b	$637,791,000	–	42,661,591	–	6.48%	–
GLD	New	SPDR GOLD TRUST	$603,896,000	–	4,775,012	–	6.14%	–
MNKKQ	New	MALLINCKRODT PUB LTD CO	$508,794,000	–	8,371,080	–	5.17%	–
AIG	New	AMERICAN INTL GROUP INC	$479,189,000	–	9,060,100	–	4.87%	–
VRX	New	VALEANT PHARMACEUTICALS INTL	$384,110,000	–	19,072,000	–	3.90%	–
HOT	New	STARWOOD HOTELS&RESORTS WRLD	$332,514,000	–	4,496,476	–	3.38%	–
EMC	New	E M C CORP MASS	$272,939,000	–	10,045,606	–	2.78%	–
AKRXQ	New	AKORN INC	$256,732,000	–	9,012,900	–	2.61%	–
AU	New	ANGLOGOLD ASHANTI LTDsponsored adr	$231,531,000	–	12,820,100	–	2.35%	–
NG	New	NOVAGOLD RES INC	$157,317,000	–	25,705,396	–	1.60%	–
CACQ	New	CAESARS ACQUISITION COcl a	$147,443,000	–	13,141,098	–	1.50%	–
ENDP	New	ENDO INTL PLC	$139,629,000	–	8,956,300	–	1.42%	–
RLGY	New	REALOGY HLDGS CORP	$138,861,000	–	4,785,000	–	1.41%	–
	New	MGIC INVT CORP WISnote 2.000% 4/0	$127,095,000	–	114,500,000	–	1.29%	–
GRFS	New	GRIFOLS S Asp adr rep b nvt	$122,444,000	–	7,345,166	–	1.24%	–
VMW	New	VMWARE INC	$112,844,000	–	1,972,100	–	1.15%	–
CZR	New	CAESARS ENTMT CORP	$111,051,000	–	14,441,000	–	1.13%	–
SGYPQ	New	SYNERGY PHARMACEUTICALS DEL	$105,475,000	–	27,756,668	–	1.07%	–
	New	COBALT INTL ENERGY INCnote 3.125% 5/1	$72,346,000	–	219,229,000	–	0.74%	–
AEM	New	AGNICO EAGLE MINES LTD	$67,442,000	–	1,260,600	–	0.69%	–
ACAS	New	AMERICAN CAP LTD	$66,880,000	–	4,224,900	–	0.68%	–
TSU	New	TIM PARTICIPACOES S Asponsored adr	$61,826,000	–	5,860,300	–	0.63%	–
GOLD	New	RANDGOLD RES LTDadr	$56,020,000	–	500,000	–	0.57%	–
WLH	New	LYON WILLIAM HOMEScl a new	$53,561,000	–	3,322,666	–	0.54%	–
CIE	New	COBALT INTL ENERGY INC	$52,389,000	–	39,096,300	–	0.53%	–
ODP	New	OFFICE DEPOT INC	$51,999,000	–	15,709,757	–	0.53%	–
AGN	New	ALLERGAN PLCcall	$49,615,000	–	214,700	–	0.50%	–
OASPQ	New	OASIS PETE INC NEW	$49,382,000	–	5,287,167	–	0.50%	–
BEAV	New	B/E AEROSPACE INC	$45,279,000	–	980,600	–	0.46%	–
BACWSA	New	BANK OF AMERICA CORPORATION* w exp 01/16/2019	$45,089,000	–	12,956,579	–	0.46%	–
MYL	New	MYLAN N Vcall	$44,554,000	–	1,030,400	–	0.45%	–
VNDA	New	VANDA PHARMACEUTICALS INC	$43,246,000	–	3,864,717	–	0.44%	–
TMUS	New	T MOBILE US INC	$42,400,000	–	979,900	–	0.43%	–
ATVI	New	ACTIVISION BLIZZARD INC	$39,630,000	–	1,000,000	–	0.40%	–
TTWO	New	TAKE-TWO INTERACTIVE SOFTWAR	$37,920,000	–	1,000,000	–	0.38%	–
	New	COBALT INTL ENERGY INCnote 2.625%12/0	$36,848,000	–	98,260,000	–	0.38%	–
ENZY	New	ENZYMOTEC LTD	$35,314,000	–	4,224,139	–	0.36%	–
ALXN	New	ALEXION PHARMACEUTICALS INC	$31,292,000	–	268,000	–	0.32%	–
BIIB	New	BIOGEN INC	$29,768,000	–	123,100	–	0.30%	–
THM	New	INTERNATIONAL TOWER HILL MIN	$20,291,000	–	23,058,000	–	0.21%	–
PFE	New	PFIZER INC	$17,971,000	–	510,400	–	0.18%	–
SNY	New	SANOFIsponsored adr	$16,552,000	–	395,500	–	0.17%	–
FB	New	FACEBOOK INCcl a	$16,502,000	–	144,400	–	0.17%	–
SHPG	New	SHIRE PLCcall	$16,199,000	–	88,000	–	0.16%	–
IAG	New	IAMGOLD CORP	$15,997,000	–	3,863,912	–	0.16%	–
JNJ	New	JOHNSON & JOHNSON	$15,526,000	–	128,000	–	0.16%	–
LIVN	New	LIVANOVA PLC	$13,060,000	–	260,000	–	0.13%	–
ETSY	New	ETSY INC	$11,737,000	–	1,223,910	–	0.12%	–
MCK	New	MCKESSON CORP	$11,292,000	–	60,500	–	0.12%	–
FDX	New	FEDEX CORP	$11,050,000	–	72,800	–	0.11%	–
Q	New	QUINTILES TRANSNATIO HLDGS	$10,726,000	–	164,200	–	0.11%	–
CYH	New	COMMUNITY HEALTH SYS INC NEWput	$10,604,000	–	880,000	–	0.11%	–
SYMX	New	SYNTHESIS ENERGY SYS INC	$10,500,000	–	10,000,000	–	0.11%	–
DXCM	New	DEXCOM INC	$9,797,000	–	123,500	–	0.10%	–
EXPE	New	EXPEDIA INC DEL	$9,482,000	–	89,200	–	0.10%	–
CI	New	CIGNA CORPORATION	$7,910,000	–	61,800	–	0.08%	–
FCH	New	FELCOR LODGING TR INC	$5,919,000	–	950,000	–	0.06%	–
NCQ	New	NOVACOPPER INC	$5,812,000	–	11,623,451	–	0.06%	–
LOXO	New	LOXO ONCOLOGY INC	$5,803,000	–	250,341	–	0.06%	–
DWRE	New	DEMANDWARE INC	$4,871,000	–	65,027	–	0.05%	–
IM	New	INGRAM MICRO INCcl a	$4,692,000	–	134,900	–	0.05%	–
RAD	New	RITE AID CORP	$4,351,000	–	580,900	–	0.04%	–
PBYI	New	PUMA BIOTECHNOLOGY INC	$4,343,000	–	145,800	–	0.04%	–
ITC	New	ITC HLDGS CORP	$3,722,000	–	79,500	–	0.04%	–
STJ	New	ST JUDE MED INC	$3,549,000	–	45,500	–	0.04%	–
KMDA	New	KAMADA LTD	$2,702,000	–	736,117	–	0.03%	–
DVAX	New	DYNAVAX TECHNOLOGIES CORP	$2,537,000	–	174,000	–	0.03%	–
RIGL	New	RIGEL PHARMACEUTICALS INC	$2,229,000	–	999,700	–	0.02%	–
BSX	New	BOSTON SCIENTIFIC CORP	$2,197,000	–	94,000	–	0.02%	–
PCLN	New	PRICELINE GRP INC	$2,122,000	–	1,700	–	0.02%	–
INSM	New	INSMED INC	$2,023,000	–	205,200	–	0.02%	–
ENDP	New	ENDO INTL PLCcall	$1,869,000	–	119,900	–	0.02%	–
PRGO	New	PERRIGO CO PLC	$1,133,000	–	12,500	–	0.01%	–
ALNY	New	ALNYLAM PHARMACEUTICALS INC	$1,071,000	–	19,300	–	0.01%	–
ESPR	New	ESPERION THERAPEUTICS INC NE	$1,008,000	–	102,000	–	0.01%	–
EGRX	New	EAGLE PHARMACEUTICALS INC	$815,000	–	21,000	–	0.01%	–
BCRX	New	BIOCRYST PHARMACEUTICALS	$747,000	–	263,100	–	0.01%	–
KTWO	New	K2M GROUP HLDGS INC	$737,000	–	47,500	–	0.01%	–
BACWSB	New	BANK OF AMERICA CORPORATION* w exp 10/28/2018	$696,000	–	8,960,537	–	0.01%	–
OSG	New	OVERSEAS SHIPHOLDING GROUP Icl a new added	$496,000	–	45,139	–	0.01%	–
ARDMQ	New	ARADIGM CORP	$288,000	–	65,903	–	0.00%	–
CLDX	New	CELLDEX THERAPEUTICS INC NEW	$311,000	–	70,800	–	0.00%	–

Q4 2015

			Value		Shares		↓ Weighting
SDOCQ	Exit	SANDRIDGE ENERGY INC	$0	–	-527,273	–	-0.00%	–
DXMMQ	Exit	DEX MEDIA INC NEW	$0	–	-2,231,132	–	-0.00%	–
OIBRC	Exit	OI S.A.spn adr new	$0	–	-3,271,200	–	-0.01%	–
BACWSB	Exit	BANK OF AMERICA CORPORATION* w exp 10/28/2018	$0	–	-9,261,800	–	-0.01%	–
KMDA	Exit	KAMADA LTD	$0	–	-739,356	–	-0.01%	–
NCQ	Exit	NOVACOPPER INC	$0	–	-11,835,319	–	-0.02%	–
IAG	Exit	IAMGOLD CORP	$0	–	-3,863,912	–	-0.03%	–
THM	Exit	INTERNATIONAL TOWER HILL MIN	$0	–	-23,058,000	–	-0.04%	–
LBTYA	Exit	LIBERTY GLOBAL	$0	–	-180,000	–	-0.04%	–
SYMX	Exit	SYNTHESIS ENERGY SYS INC	$0	–	-10,000,000	–	-0.05%	–
PMC	Exit	PHARMERICA CORP	$0	–	-450,000	–	-0.07%	–
OIBRQ	Exit	OI S.A.spn adr pfd new	$0	–	-25,510,800	–	-0.09%	–
HHC	Exit	HOWARD HUGHES CORP	$0	–	-165,000	–	-0.10%	–
FCH	Exit	FELCOR LODGING TR INC	$0	–	-2,950,000	–	-0.11%	–
AEM	Exit	AGNICO EAGLE MINES LTD	$0	–	-1,320,600	–	-0.17%	–
ENZY	Exit	ENZYMOTEC LTD	$0	–	-4,238,275	–	-0.20%	–
GOLD	Exit	RANDGOLD RES LTDadr	$0	–	-679,967	–	-0.21%	–
CSC	Exit	COMPUTER SCIENCES CORP	$0	–	-701,200	–	-0.22%	–
VNDA	Exit	VANDA PHARMACEUTICALS INC	$0	–	-3,946,500	–	-0.23%	–
AET	Exit	AETNA INC NEW	$0	–	-418,800	–	-0.24%	–
SGYPQ	Exit	SYNERGY PHARMACEUTICALS DEL	$0	–	-9,000,000	–	-0.25%	–
TSU	Exit	TIM PARTICIPACOES S Asponsored adr	$0	–	-6,000,000	–	-0.29%	–
WLH	Exit	LYON WILLIAM HOMEScl a new	$0	–	-3,322,666	–	-0.36%	–
INXN	Exit	INTERXION HOLDING N.V	$0	–	-2,549,900	–	-0.36%	–
	Exit	COBALT INTL ENERGY INCnote 2.625%12/001/2019	$0	–	-98,260,000	–	-0.36%	–
OASPQ	Exit	OASIS PETE INC NEW	$0	–	-8,274,466	–	-0.37%	–
CZR	Exit	CAESARS ENTMT CORP	$0	–	-14,458,300	–	-0.44%	–
RDN	Exit	RADIAN GROUP INC	$0	–	-5,571,400	–	-0.46%	–
OUT	Exit	OUTFRONT MEDIA INC	$0	–	-4,285,000	–	-0.46%	–
CACQ	Exit	CAESARS ACQUISITION COcl a added	$0	–	-13,159,098	–	-0.48%	–
BACWSA	Exit	BANK OF AMERICA CORPORATION* w exp 01/16/2019	$0	–	-16,639,900	–	-0.50%	–
WWAV	Exit	WHITEWAVE FOODS CO	$0	–	-2,600,000	–	-0.54%	–
MTG	Exit	MGIC INVT CORP WIS	$0	–	-11,402,500	–	-0.55%	–
MGM	Exit	MGM RESORTS INTERNATIONAL	$0	–	-5,764,400	–	-0.55%	–
CYBX	Exit	CYBERONICS INC	$0	–	-1,933,800	–	-0.61%	–
ENDP	Exit	ENDO INTL PLC	$0	–	-1,710,000	–	-0.62%	–
	Exit	RADIAN GROUP INCnote 2.250% 3/01/2019	$0	–	-79,968,000	–	-0.63%	–
NG	Exit	NOVAGOLD RES INC	$0	–	-35,616,357	–	-0.67%	–
	Exit	COBALT INTL ENERGY INCnote 3.125% 5/15/2024 added	$0	–	-219,229,000	–	-0.72%	–
WLL	Exit	WHITING PETE CORP NEW	$0	–	-9,600,000	–	-0.76%	–
ALTR	Exit	ALTERA CORP	$0	–	-3,486,600	–	-0.91%	–
CAM	Exit	CAMERON INTERNATIONAL CORP	$0	–	-3,000,000	–	-0.96%	–
AU	Exit	ANGLOGOLD ASHANTI LTDsponsored adr	$0	–	-25,027,300	–	-1.06%	–
	Exit	MGIC INVT CORP WISnote 2.000% 4/01/2020	$0	–	-149,500,000	–	-1.11%	–
POST	Exit	POST HLDGS INC	$0	–	-3,706,000	–	-1.14%	–
PCP	Exit	PRECISION CASTPARTS CORP	$0	–	-1,000,000	–	-1.19%	–
CVC	Exit	CABLEVISION SYS CORPcl a ny cablvs	$0	–	-7,800,000	–	-1.32%	–
RLGY	Exit	REALOGY HLDGS CORP	$0	–	-7,042,300	–	-1.38%	–
CIT	Exit	CIT GROUP INC	$0	–	-7,007,346	–	-1.44%	–
CIE	Exit	COBALT INTL ENERGY INC	$0	–	-41,751,100	–	-1.53%	–
HCA	Exit	HCA HOLDINGS INC	$0	–	-4,711,900	–	-1.89%	–
MNKKQ	Exit	MALLINCKRODT PUB LTD CO	$0	–	-6,594,193	–	-2.19%	–
PRGO	Exit	PERRIGO CO PLC	$0	–	-2,938,500	–	-2.40%	–
GRFS	Exit	GRIFOLS S Asp adr rep b nvt	$0	–	-17,729,140	–	-2.80%	–
STAY	Exit	EXTENDED STAY AMER INCunit 99/99/9999b	$0	–	-47,661,591	–	-4.15%	–
AIG	Exit	AMERICAN INTL GROUP INC	$0	–	-14,603,200	–	-4.31%	–
MYL	Exit	MYLAN N V	$0	–	-21,913,061	–	-4.58%	–
TMUS	Exit	T-MOBILE US INC	$0	–	-23,547,600	–	-4.87%	–
GLD	Exit	SPDR GOLD TRUST	$0	–	-9,234,852	–	-5.12%	–
TEVA	Exit	TEVA PHARMACEUTICAL INDS LTDadr	$0	–	-18,000,000	–	-5.28%	–
HOT	Exit	STARWOOD HOTELS&RESORTS WRLD	$0	–	-15,595,000	–	-5.38%	–
SHPG	Exit	SHIRE PLCsponsored adr	$0	–	-6,805,200	–	-7.25%	–
TWC	Exit	TIME WARNER CABLE INC	$0	–	-8,123,000	–	-7.56%	–
VRX	Exit	VALEANT PHARMACEUTICALS INTL	$0	–	-8,890,000	–	-8.23%	–
AGN	Exit	ALLERGAN PLC	$0	–	-7,182,000	–	-10.13%	–

Q3 2015

			Value		Shares		↓ Weighting
AGN	Buy	ALLERGAN PLC	$1,952,139,000	-10.3%	7,182,000	+0.1%	10.13%	+0.9%
VRX	Sell	VALEANT PHARMACEUTICALS INTL	$1,585,798,000	-20.7%	8,890,000	-1.2%	8.23%	-10.7%
SHPG	Sell	SHIRE PLCsponsored adr	$1,396,631,000	-18.5%	6,805,200	-4.1%	7.25%	-8.3%
HOT	Buy	STARWOOD HOTELS&RESORTS WRLD	$1,036,756,000	+6.5%	15,595,000	+30.0%	5.38%	+19.9%
TEVA	Buy	TEVA PHARMACEUTICAL INDS LTDadr	$1,016,280,000	+746.9%	18,000,000	+786.5%	5.28%	+853.9%
TMUS	Sell	T-MOBILE US INC	$937,430,000	+1.4%	23,547,600	-1.2%	4.87%	+14.1%
GRFS	Sell	GRIFOLS S Asp adr rep b nvt	$538,966,000	-2.3%	17,729,140	-0.5%	2.80%	+9.9%
PRGO	New	PERRIGO CO PLC	$462,138,000	–	2,938,500	–	2.40%	–
CIT	New	CIT GROUP INC	$276,998,000	–	7,007,346	–	1.44%	–
CVC	Sell	CABLEVISION SYS CORPcl a ny cablvs	$253,266,000	-14.7%	7,800,000	-37.1%	1.32%	-3.9%
PCP	New	PRECISION CASTPARTS CORP	$229,710,000	–	1,000,000	–	1.19%	–
POST	Buy	POST HLDGS INC	$219,025,000	+41.2%	3,706,000	+28.9%	1.14%	+59.0%
AU	Sell	ANGLOGOLD ASHANTI LTDsponsored adr	$204,974,000	-12.0%	25,027,300	-3.8%	1.06%	-0.9%
CAM	New	CAMERON INTERNATIONAL CORP	$183,960,000	–	3,000,000	–	0.96%	–
ALTR	New	ALTERA CORP	$174,609,000	–	3,486,600	–	0.91%	–
WLL	Sell	WHITING PETE CORP NEW	$146,592,000	-64.9%	9,600,000	-22.7%	0.76%	-60.4%
ENDP	New	ENDO INTL PLC	$118,469,000	–	1,710,000	–	0.62%	–
CYBX	Buy	CYBERONICS INC	$117,536,000	+14.7%	1,933,800	+12.2%	0.61%	+29.0%
MGM	Sell	MGM RESORTS INTERNATIONAL	$106,353,000	-6.4%	5,764,400	-7.4%	0.55%	+5.3%
MTG	Sell	MGIC INVT CORP WIS	$105,587,000	-22.0%	11,402,500	-4.2%	0.55%	-12.3%
BACWSA	Sell	BANK OF AMERICA CORPORATION* w exp 01/16/2019	$95,347,000	-17.2%	16,639,900	-10.8%	0.50%	-6.8%
RDN	Sell	RADIAN GROUP INC	$88,641,000	-20.9%	5,571,400	-6.7%	0.46%	-11.0%
OASPQ	Sell	OASIS PETE INC NEW	$71,822,000	-48.4%	8,274,466	-5.7%	0.37%	-41.8%
SGYPQ	Buy	SYNERGY PHARMACEUTICALS DEL	$47,700,000	-0.6%	9,000,000	+55.7%	0.25%	+12.2%
AET	New	AETNA INC NEW	$45,821,000	–	418,800	–	0.24%	–
CSC	Sell	COMPUTER SCIENCES CORP	$43,040,000	-84.6%	701,200	-83.5%	0.22%	-82.6%
FCH	Sell	FELCOR LODGING TR INC	$20,857,000	-40.9%	2,950,000	-17.4%	0.11%	-33.7%
HHC	Sell	HOWARD HUGHES CORP	$18,932,000	-58.1%	165,000	-47.6%	0.10%	-53.1%
PMC	Sell	PHARMERICA CORP	$12,812,000	-23.1%	450,000	-10.0%	0.07%	-13.0%
LBTYA	New	LIBERTY GLOBAL	$7,729,000	–	180,000	–	0.04%	–
SDOCQ	New	SANDRIDGE ENERGY INC	$142,000	–	527,273	–	0.00%	–
GULTU	Exit	GULF COAST ULTRA DEEP RTY TRroyalty tr unt	$0	–	-2,197,900	–	-0.01%	–
S	Exit	SPRINT CORP COM	$0	–	-2,378,400	–	-0.05%	–
BRCM	Exit	BROADCOM CORPcl a	$0	–	-4,196,500	–	-1.00%	–
HMHC	Exit	HOUGHTON MIFFLIN HARCOURT CO	$0	–	-12,229,224	–	-1.42%	–
A309PS	Exit	DIRECTV	$0	–	-11,400,000	–	-4.88%	–

Q2 2015

			Value		Shares		↓ Weighting
AGN	New	ALLERGAN PLC	$2,177,083,000	–	7,174,200	–	10.04%	–
VRX	New	VALEANT PHARMACEUTICALS INTL	$1,999,350,000	–	9,000,000	–	9.22%	–
SHPG	New	SHIRE PLCsponsored adr	$1,713,396,000	–	7,095,100	–	7.90%	–
MYL	New	MYLAN N V	$1,487,020,000	–	21,913,061	–	6.86%	–
TWC	New	TIME WARNER CABLE INC	$1,447,275,000	–	8,123,000	–	6.67%	–
A309PS	New	DIRECTV	$1,057,806,000	–	11,400,000	–	4.88%	–
GLD	New	SPDR GOLD TRUST	$1,037,720,000	–	9,234,852	–	4.78%	–
HOT	New	STARWOOD HOTELS&RESORTS WRLD	$973,031,000	–	11,999,400	–	4.49%	–
TMUS	New	T-MOBILE US INC	$924,467,000	–	23,844,900	–	4.26%	–
AIG	New	AMERICAN INTL GROUP INC	$902,770,000	–	14,603,200	–	4.16%	–
STAY	New	EXTENDED STAY AMER INCunit 99/99/9999b	$894,608,000	–	47,661,591	–	4.12%	–
MNKKQ	New	MALLINCKRODT PUB LTD CO	$776,268,000	–	6,594,193	–	3.58%	–
GRFS	New	GRIFOLS S Asp adr rep b nvt	$551,918,000	–	17,821,040	–	2.54%	–
HCA	New	HCA HOLDINGS INC	$427,464,000	–	4,711,900	–	1.97%	–
WLL	New	WHITING PETE CORP NEW	$417,258,000	–	12,418,400	–	1.92%	–
CIE	New	COBALT INTL ENERGY INC	$405,403,000	–	41,751,100	–	1.87%	–
RLGY	New	REALOGY HLDGS CORP	$329,016,000	–	7,042,300	–	1.52%	–
HMHC	New	HOUGHTON MIFFLIN HARCOURT CO	$308,176,000	–	12,229,224	–	1.42%	–
CVC	New	CABLEVISION SYS CORPcl a ny cablvs	$296,856,000	–	12,400,000	–	1.37%	–
CSC	New	COMPUTER SCIENCES CORP	$278,642,000	–	4,245,000	–	1.28%	–
	New	MGIC INVT CORP WISnote 2.000% 4/01/2020	$248,918,000	–	149,500,000	–	1.15%	–
AU	New	ANGLOGOLD ASHANTI LTDsponsored adr	$232,944,000	–	26,027,300	–	1.07%	–
BRCM	New	BROADCOM CORPcl a	$216,078,000	–	4,196,500	–	1.00%	–
	New	COBALT INTL ENERGY INCnote 3.125% 5/15/2024 added	$159,078,000	–	219,229,000	–	0.73%	–
POST	New	POST HLDGS INC	$155,103,000	–	2,876,000	–	0.72%	–
	New	RADIAN GROUP INCnote 2.250% 3/01/2019	$141,893,000	–	79,968,000	–	0.65%	–
OASPQ	New	OASIS PETE INC NEW	$139,075,000	–	8,774,466	–	0.64%	–
MTG	New	MGIC INVT CORP WIS	$135,450,000	–	11,902,500	–	0.62%	–
WWAV	New	WHITEWAVE FOODS CO	$127,088,000	–	2,600,000	–	0.59%	–
NG	New	NOVAGOLD RES INC	$121,808,000	–	35,616,357	–	0.56%	–
TEVA	New	TEVA PHARMACEUTICAL INDS LTDadr	$120,003,000	–	2,030,500	–	0.55%	–
BACWSA	New	BANK OF AMERICA CORPORATION* w exp 01/16/2019	$115,135,000	–	18,660,498	–	0.53%	–
MGM	New	MGM RESORTS INTERNATIONAL	$113,566,000	–	6,222,800	–	0.52%	–
RDN	New	RADIAN GROUP INC	$112,023,000	–	5,971,400	–	0.52%	–
OUT	New	OUTFRONT MEDIA INC	$108,153,000	–	4,285,000	–	0.50%	–
CYBX	New	CYBERONICS INC	$102,497,000	–	1,723,800	–	0.47%	–
TSU	New	TIM PARTICIPACOES S Asponsored adr	$98,160,000	–	6,000,000	–	0.45%	–
CACQ	New	CAESARS ACQUISITION COcl a added	$90,535,000	–	13,159,098	–	0.42%	–
CZR	New	CAESARS ENTMT CORP	$88,485,000	–	14,458,300	–	0.41%	–
WLH	New	LYON WILLIAM HOMEScl a new	$85,293,000	–	3,322,666	–	0.39%	–
	New	COBALT INTL ENERGY INCnote 2.625%12/001/2019	$72,528,000	–	98,260,000	–	0.33%	–
INXN	New	INTERXION HOLDING N.V	$70,505,000	–	2,549,900	–	0.32%	–
VNDA	New	VANDA PHARMACEUTICALS INC	$50,081,000	–	3,946,500	–	0.23%	–
OIBRQ	New	OI S.A.spn adr pfd new	$48,726,000	–	25,510,800	–	0.22%	–
SGYPQ	New	SYNERGY PHARMACEUTICALS DEL	$47,986,000	–	5,781,500	–	0.22%	–
GOLD	New	RANDGOLD RES LTDadr	$45,524,000	–	679,967	–	0.21%	–
HHC	New	HOWARD HUGHES CORP	$45,215,000	–	315,000	–	0.21%	–
AEM	New	AGNICO EAGLE MINES LTD	$37,465,000	–	1,320,600	–	0.17%	–
ENZY	New	ENZYMOTEC LTD	$35,390,000	–	4,238,275	–	0.16%	–
FCH	New	FELCOR LODGING TR INC	$35,297,000	–	3,572,600	–	0.16%	–
PMC	New	PHARMERICA CORP	$16,650,000	–	500,000	–	0.08%	–
SYMX	New	SYNTHESIS ENERGY SYS INC	$14,300,000	–	10,000,000	–	0.07%	–
S	New	SPRINT CORP COM	$10,846,000	–	2,378,400	–	0.05%	–
IAG	New	IAMGOLD CORP	$7,728,000	–	3,863,912	–	0.04%	–
THM	New	INTERNATIONAL TOWER HILL MIN	$7,637,000	–	23,058,000	–	0.04%	–
OIBRC	New	OI S.A.spn adr new	$6,444,000	–	3,271,200	–	0.03%	–
NCQ	New	NOVACOPPER INC	$5,918,000	–	11,835,319	–	0.03%	–
BACWSB	New	BANK OF AMERICA CORPORATION* w exp 10/28/2018	$4,770,000	–	9,261,800	–	0.02%	–
KMDA	New	KAMADA LTD	$2,824,000	–	739,356	–	0.01%	–
DXMMQ	New	DEX MEDIA INC NEW	$1,629,000	–	2,231,132	–	0.01%	–
GULTU	New	GULF COAST ULTRA DEEP RTY TRroyalty tr unt	$1,539,000	–	2,197,900	–	0.01%	–

Q4 2014

			Value		Shares		↓ Weighting
SHO	Exit	SUNSTONE HOTEL INVS INC NEW	$0	–	-246,458	–	-0.01%	–
KMDA	Exit	KAMADA LTD	$0	–	-750,000	–	-0.01%	–
THM	Exit	INTERNATIONAL TOWER HILL MINE	$0	–	-8,908,000	–	-0.02%	–
MEAS	Exit	MEASUREMENT SPECIALTIES INC	$0	–	-53,600	–	-0.02%	–
ANVGQ	Exit	ALLIED NEVADA GOLD CORP	$0	–	-1,502,184	–	-0.02%	–
NCQ	Exit	NOVACOPPER INC	$0	–	-8,750,779	–	-0.03%	–
BACWSB	Exit	AMER CORP* w exp 10/28/2018	$0	–	-9,450,553	–	-0.04%	–
RPRX	Exit	REPROS THERAPEUTICS INC	$0	–	-1,000,000	–	-0.04%	–
IAG	Exit	IAMGOLD CORP	$0	–	-3,863,912	–	-0.04%	–
SBGL	Exit	SIBANYE GOLD LTDsponsored adr	$0	–	-1,632,435	–	-0.06%	–
BEE	Exit	STRATEGIC HOTELS & RESORTS I	$0	–	-1,640,000	–	-0.08%	–
MOVE	Exit	MOVE INC	$0	–	-1,000,000	–	-0.09%	–
DXMMQ	Exit	DEX MEDIA INC NEW	$0	–	-2,231,132	–	-0.09%	–
GFI	Exit	GOLD FIELDS LTD NEWsponsored adr	$0	–	-6,529,748	–	-0.11%	–
GULTU	Exit	GULF COAST ULTRA DEEP RTY TRroyalty tr unt	$0	–	-13,721,856	–	-0.11%	–
ENZY	Exit	ENZYMOTEC LTD	$0	–	-4,271,230	–	-0.12%	–
VNDA	Exit	VANDA PHARMACEUTICALS INC	$0	–	-3,250,000	–	-0.14%	–
AEM	Exit	AGNICO EAGLE MINES LTD	$0	–	-1,320,600	–	-0.16%	–
	Exit	COBALT INTL ENERGY INCnote 2.625%12/001/2019	$0	–	-50,000,000	–	-0.17%	–
GOLD	Exit	GOLD RES LTDadr	$0	–	-674,446	–	-0.19%	–
FCH	Exit	FELCOR LODGING TR INC	$0	–	-5,000,000	–	-0.19%	–
HHC	Exit	HOWARD HUGHES CORP	$0	–	-315,000	–	-0.20%	–
3106PS	Exit	DELPHI AUTOMOTIVE PLC	$0	–	-800,000	–	-0.20%	–
WWAV	Exit	WHITEWAVE FOODS CO	$0	–	-1,602,501	–	-0.24%	–
POST	Exit	POST HLDGS INC	$0	–	-1,925,400	–	-0.26%	–
VRX	Exit	VALEANT PHARMACEUTICALS INTL	$0	–	-520,700	–	-0.28%	–
WLH	Exit	LYON WILLIAM HOMEScl a new	$0	–	-3,322,666	–	-0.30%	–
9207PS	Exit	ROCK-TENN COcl a	$0	–	-1,600,000	–	-0.32%	–
TAM	Exit	TAMINCO CORP	$0	–	-3,784,000	–	-0.41%	–
NG	Exit	NOVAGOLD RES INC	$0	–	-35,809,914	–	-0.45%	–
CACQ	Exit	CAESARS ACQUISITION COcl a	$0	–	-12,310,240	–	-0.48%	–
AUXL	Exit	AUXILIUM PHARMACEUTICALS INC	$0	–	-4,000,000	–	-0.50%	–
HIG	Exit	HARTFORD FINL SVCS GROUP INC	$0	–	-3,208,116	–	-0.50%	–
TSU	Exit	TIM PARTICIPACOES S Asponsored adr	$0	–	-4,570,600	–	-0.50%	–
	Exit	RADIAN GROUP INCnote 2.250% 3/01/2019	$0	–	-84,500,000	–	-0.50%	–
MTG	Exit	MGIC INVT CORP WIS	$0	–	-16,562,000	–	-0.54%	–
RDN	Exit	RADIAN GROUP INC	$0	–	-11,386,500	–	-0.67%	–
CZR	Exit	CAESARS ENTMT CORP	$0	–	-13,164,700	–	-0.69%	–
BABA	Exit	ALIBABA GROUP HLDG LTDsponsored ads	$0	–	-1,902,500	–	-0.70%	–
	Exit	MGIC INVT CORP WISnote 2.000% 4/01/2020	$0	–	-150,000,000	–	-0.82%	–
	Exit	COBALT INTL ENERGY INCnote 3.125% 5/15/2024	$0	–	-223,000,000	–	-0.83%	–
BACWSA	Exit	AMER CORP* w exp 01/16/2019	$0	–	-27,030,552	–	-0.84%	–
DG	Exit	DOLLAR GEN CORP NEW	$0	–	-4,090,000	–	-1.04%	–
B108PS	Exit	ACTAVIS PLC	$0	–	-1,062,200	–	-1.06%	–
BPOP	Exit	POPULAR INC	$0	–	-9,081,548	–	-1.11%	–
PETM	Exit	PETSMART INC	$0	–	-4,165,000	–	-1.21%	–
AU	Exit	ANGLOGOLD ASHANTI LTDsponsored adr	$0	–	-26,570,300	–	-1.32%	–
CVC	Exit	CABLEVISION SYS CORPcl a ny cablvs	$0	–	-19,219,000	–	-1.40%	–
ATHL	Exit	ATHLON ENERGY INC	$0	–	-5,800,000	–	-1.40%	–
KOG	Exit	KODIAK OIL & GAS CORP	$0	–	-25,986,500	–	-1.46%	–
VZ	Exit	VERIZON COMMUNICATIONS INC	$0	–	-7,500,000	–	-1.56%	–
S	Exit	SPRINT CORP	$0	–	-64,113,200	–	-1.69%	–
OASPQ	Exit	OASIS PETE INC NEW	$0	–	-9,889,200	–	-1.72%	–
FDO	Exit	FAMILY DLR STORES INC	$0	–	-5,427,000	–	-1.74%	–
HCA	Exit	HCA HOLDINGS INC	$0	–	-6,069,600	–	-1.78%	–
TMUS	Exit	T-MOBILE US INC	$0	–	-15,017,800	–	-1.80%	–
RLGY	Exit	REALOGY HLDGS CORP	$0	–	-12,000,000	–	-1.85%	–
EQIX	Exit	EQUINIX INC	$0	–	-2,172,400	–	-1.92%	–
MGM	Exit	MGM RESORTS INTERNATIONAL	$0	–	-22,477,000	–	-2.13%	–
MYL	Exit	MYLAN INC	$0	–	-12,494,700	–	-2.36%	–
CIE	Exit	COBALT INTL ENERGY INC	$0	–	-41,854,600	–	-2.36%	–
HMHC	Exit	HOUGHTON MIFFLIN HARCOURT CO	$0	–	-30,912,558	–	-2.50%	–
AET	Exit	AETNA INC NEW	$0	–	-7,794,638	–	-2.62%	–
GRFS	Exit	GRIFOLS S Asp adr rep b nvt	$0	–	-19,604,981	–	-2.86%	–
WLL	Exit	WHITING PETE CORP NEW	$0	–	-9,345,336	–	-3.01%	–
ABBV	Exit	ABBVIE INC	$0	–	-13,000,000	–	-3.12%	–
MNKKQ	Exit	MALLINCKRODT PUB LTD CO	$0	–	-9,000,000	–	-3.37%	–
VOD	Exit	VODAFONE GROUP PLC NEWspons adr no par	$0	–	-26,703,108	–	-3.65%	–
A309PS	Exit	DIRECTV	$0	–	-10,400,000	–	-3.74%	–
AGN	Exit	ALLERGAN INC	$0	–	-5,377,200	–	-3.98%	–
TWC	Exit	TIME WARNER CABLE INC	$0	–	-7,325,600	–	-4.36%	–
F113PS	Exit	COVIDIEN PLC	$0	–	-12,595,000	–	-4.52%	–
STAY	Exit	EXTENDED STAY AMER INCunit 99/99/9999b	$0	–	-47,661,591	–	-4.70%	–
GLD	Exit	SPDR GOLD TRUST	$0	–	-10,234,852	–	-4.94%	–
SHPG	Exit	SHIRE PLCsponsored adr	$0	–	-9,046,000	–	-9.73%	–

Q3 2014

			Value		Shares		↓ Weighting
SHPG	Buy	SHIRE PLCsponsored adr	$2,343,366,000	+195.6%	9,046,000	+168.7%	9.73%	+183.2%
STAY	Sell	EXTENDED STAY AMER INCunit 99/99/9999b	$1,131,486,000	-12.3%	47,661,591	-14.4%	4.70%	-16.0%
F113PS	Buy	COVIDIEN PLC	$1,089,593,000	+72.6%	12,595,000	+79.9%	4.52%	+65.4%
TWC	Buy	TIME WARNER CABLE INC	$1,051,150,000	+38.6%	7,325,600	+42.3%	4.36%	+32.8%
AGN	Sell	ALLERGAN INC	$958,163,000	+1.1%	5,377,200	-4.0%	3.98%	-3.1%
A309PS	Buy	DIRECTV	$899,808,000	+5.8%	10,400,000	+4.0%	3.74%	+1.4%
VOD	Sell	VODAFONE GROUP PLC NEWspons adr no par	$878,265,000	-1.5%	26,703,108	-0.0%	3.65%	-5.6%
MNKKQ	Buy	MALLINCKRODT PUB LTD CO	$811,350,000	+50.8%	9,000,000	+33.8%	3.37%	+44.5%
ABBV	New	ABBVIE INC	$750,880,000	–	13,000,000	–	3.12%	–
WLL	Sell	WHITING PETE CORP NEW	$724,731,000	-4.4%	9,345,336	-1.1%	3.01%	-8.4%
GRFS	Sell	GRIFOLS S Asp adr rep b nvt	$688,723,000	-20.3%	19,604,981	-0.0%	2.86%	-23.6%
AET	Sell	AETNA INC NEW	$631,366,000	-2.5%	7,794,638	-2.4%	2.62%	-6.6%
CIE	Buy	COBALT INTL ENERGY INC	$569,223,000	-24.3%	41,854,600	+2.2%	2.36%	-27.4%
MYL	Buy	MYLAN INC	$568,384,000	-9.1%	12,494,700	+3.0%	2.36%	-12.9%
MGM	Sell	MGM RESORTS INTERNATIONAL	$512,026,000	-13.7%	22,477,000	-0.0%	2.13%	-17.4%
EQIX	Buy	EQUINIX INC	$461,592,000	+5.3%	2,172,400	+4.1%	1.92%	+0.9%
TMUS	Buy	T-MOBILE US INC	$433,564,000	-2.0%	15,017,800	+14.1%	1.80%	-6.1%
HCA	Buy	HCA HOLDINGS INC	$428,028,000	+123.1%	6,069,600	+78.4%	1.78%	+113.8%
FDO	Sell	FAMILY DLR STORES INC	$419,181,000	-21.0%	5,427,000	-32.3%	1.74%	-24.3%
OASPQ	Sell	OASIS PETE INC NEW	$413,467,000	-25.2%	9,889,200	-0.0%	1.72%	-28.3%
VZ	Sell	VERIZON COMMUNICATIONS INC	$374,925,000	-12.4%	7,500,000	-14.2%	1.56%	-16.0%
ATHL	New	ATHLON ENERGY INC	$337,734,000	–	5,800,000	–	1.40%	–
AU	Sell	ANGLOGOLD ASHANTI LTDsponsored adr	$318,844,000	-30.3%	26,570,300	-0.1%	1.32%	-33.2%
PETM	New	PETSMART INC	$291,925,000	–	4,165,000	–	1.21%	–
BPOP	Buy	POPULAR INC	$267,315,000	-11.6%	9,081,548	+2.7%	1.11%	-15.3%
B108PS	Buy	ACTAVIS PLC	$256,288,000	+283.0%	1,062,200	+254.1%	1.06%	+266.9%
BACWSA	Sell	AMER CORP* w exp 01/16/2019	$202,729,000	+8.6%	27,030,552	-0.1%	0.84%	+4.1%
BABA	New	ALIBABA GROUP HLDG LTDsponsored ads	$169,037,000	–	1,902,500	–	0.70%	–
CZR	Sell	CAESARS ENTMT CORP	$165,612,000	-33.1%	13,164,700	-3.9%	0.69%	-35.9%
TSU	Sell	TIM PARTICIPACOES S Asponsored adr	$119,750,000	-22.1%	4,570,600	-13.7%	0.50%	-25.4%
HIG	Sell	HARTFORD FINL SVCS GROUP INC	$119,502,000	-25.3%	3,208,116	-28.2%	0.50%	-28.4%
TAM	New	TAMINCO CORP	$98,762,000	–	3,784,000	–	0.41%	–
9207PS	Buy	ROCK-TENN COcl a	$76,128,000	-9.9%	1,600,000	+100.0%	0.32%	-13.7%
VRX	Buy	VALEANT PHARMACEUTICALS INTL	$68,316,000	+8.3%	520,700	+4.1%	0.28%	+4.0%
POST	Buy	POST HLDGS INC	$63,885,000	-32.2%	1,925,400	+4.1%	0.26%	-35.0%
WWAV	Buy	WHITEWAVE FOODS CO	$58,219,000	+12.2%	1,602,501	+0.0%	0.24%	+7.6%
3106PS	Sell	DELPHI AUTOMOTIVE PLC	$49,072,000	-55.4%	800,000	-50.0%	0.20%	-57.2%
VNDA	Buy	VANDA PHARMACEUTICALS INC	$33,735,000	-34.8%	3,250,000	+1.6%	0.14%	-37.5%
MOVE	New	MOVE INC	$20,960,000	–	1,000,000	–	0.09%	–
RPRX	New	REPROS THERAPEUTICS INC	$9,900,000	–	1,000,000	–	0.04%	–
BACWSB	Sell	AMER CORP* w exp 10/28/2018	$9,073,000	+9.3%	9,450,553	-14.6%	0.04%	+5.6%
NCQ	Buy	NOVACOPPER INC	$8,199,000	+27.2%	8,750,779	+48.0%	0.03%	+21.4%
MEAS	Sell	MEASUREMENT SPECIALTIES INC	$4,589,000	-75.1%	53,600	-74.9%	0.02%	-76.2%
PVAHQ	Exit	PENN VA CORP	$0	–	-550,000	–	-0.04%	–
	Exit	REDWOOD TR INCnote 4.625% 4/15/2018	$0	–	-25,000,000	–	-0.11%	–
	Exit	COLONY FINL INCnote 5.000% 4/15/2023 added	$0	–	-25,000,000	–	-0.12%	–
	Exit	STARWOOD PPTY TR INC NOTE 4.550% 3/0 ADDEDnote 4.550% 3/01/2018	$0	–	-25,000,000	–	-0.12%	–
ALLY	Exit	ALLY FINL INC	$0	–	-2,006,213	–	-0.21%	–
BRX	Exit	BRIXMOR PPTY GROUP INC	$0	–	-2,229,800	–	-0.22%	–
CNO	Exit	CNO FINL GROUP INC	$0	–	-5,559,577	–	-0.43%	–
CPWR	Exit	COMPUWARE CORP	$0	–	-14,250,000	–	-0.62%	–
GNW	Exit	GENWORTH FINL INC	$0	–	-9,000,000	–	-0.68%	–
CBS	Exit	CBS CORP NEWcl b	$0	–	-2,843,500	–	-0.77%	–
FCX	Exit	FREEPORT-MCMORAN COPPER & GO	$0	–	-5,300,000	–	-0.84%	–
QCOR	Exit	QUESTCOR PHARMACEUTICALS INC	$0	–	-2,248,913	–	-0.90%	–
HSH	Exit	HILLSHIRE BRANDS CO	$0	–	-3,425,000	–	-0.92%	–
TMO	Exit	THERMO FISHER SCIENTIFIC INC	$0	–	-3,225,000	–	-1.65%	–

Q2 2014

			Value		Shares		↓ Weighting
GLD	New	SPDR GOLD TRUST	$1,310,470,000	–	10,234,852	–	5.68%	–
STAY	New	EXTENDED STAY AMER INCunit 99/99/9999b	$1,290,280,000	–	55,711,591	–	5.59%	–
AGN	New	ALLERGAN INC	$947,970,000	–	5,602,000	–	4.11%	–
VOD	New	VODAFONE GROUP PLC NEWspons adr no par	$891,760,000	–	26,707,408	–	3.86%	–
GRFS	New	GRIFOLS S Asponsored adr	$863,608,000	–	19,605,181	–	3.74%	–
A309PS	New	DIRECTV	$850,100,000	–	10,000,000	–	3.68%	–
SHPG	New	SHIRE PLCsponsored adr	$792,786,000	–	3,366,539	–	3.44%	–
WLL	New	WHITING PETE CORP NEW	$758,138,000	–	9,447,200	–	3.29%	–
TWC	New	TIME WARNER CABLE INC	$758,350,000	–	5,148,340	–	3.29%	–
CIE	New	COBALT INTL ENERGY INC	$751,728,000	–	40,966,100	–	3.26%	–
AET	New	AETNA INC NEW	$647,789,000	–	7,989,506	–	2.81%	–
F113PS	New	COVIDIEN PLC	$631,260,000	–	7,000,000	–	2.74%	–
MYL	New	MYLAN INC	$625,459,000	–	12,130,700	–	2.71%	–
MGM	New	MGM RESORTS INTERNATIONAL	$593,644,000	–	22,486,500	–	2.57%	–
HMHC	New	HOUGHTON MIFFLIN HARCOURT CO	$592,285,000	–	30,912,558	–	2.57%	–
OASPQ	New	OASIS PETE INC NEW	$552,892,000	–	9,892,500	–	2.40%	–
S	New	SPRINT CORP COM	$546,886,000	–	64,113,200	–	2.37%	–
MNKKQ	New	MALLINCKRODT PUB LTD CO	$538,118,000	–	6,724,800	–	2.33%	–
FDO	New	FAMILY DLR STORES INC	$530,443,000	–	8,020,000	–	2.30%	–
AU	New	ANGLOGOLD ASHANTI LTDsponsored adr	$457,530,000	–	26,585,100	–	1.98%	–
RLGY	New	REALOGY HLDGS CORP	$452,520,000	–	12,000,000	–	1.96%	–
TMUS	New	T-MOBILE US INC	$442,365,000	–	13,157,800	–	1.92%	–
EQIX	New	EQUINIX INC	$438,458,000	–	2,087,000	–	1.90%	–
VZ	New	VERIZON COMMUNICATIONS INC	$427,782,000	–	8,742,725	–	1.85%	–
TMO	New	THERMO FISHER SCIENTIFIC INC	$380,550,000	–	3,225,000	–	1.65%	–
KOG	New	KODIAK OIL & GAS CORP	$378,104,000	–	25,986,500	–	1.64%	–
CVC	New	CABLEVISION SYS CORPcl a ny cablvs	$339,215,000	–	19,219,000	–	1.47%	–
BPOP	New	POPULAR INC	$302,337,000	–	8,845,448	–	1.31%	–
CZR	New	CAESARS ENTMT CORP	$247,582,000	–	13,693,700	–	1.07%	–
	New	COBALT INTL ENERGY INCnote 3.125% 5/15/2024 added	$239,864,000	–	223,000,000	–	1.04%	–
DG	New	DOLLAR GEN CORP NEW	$234,602,000	–	4,090,000	–	1.02%	–
	New	MGIC INVT CORP WISnote 2.000% 4/01/2020	$223,313,000	–	150,000,000	–	0.97%	–
HSH	New	HILLSHIRE BRANDS CO	$213,378,000	–	3,425,000	–	0.92%	–
QCOR	New	QUESTCOR PHARMACEUTICALS INC	$208,002,000	–	2,248,913	–	0.90%	–
FCX	New	FREEPORT-MCMORAN COPPER & GO	$193,450,000	–	5,300,000	–	0.84%	–
HCA	New	HCA HOLDINGS INC	$191,840,000	–	3,402,619	–	0.83%	–
BACWSA	New	BANK OF AMERICA CORPORATION* w exp 01/16/2019	$186,618,000	–	27,046,152	–	0.81%	–
CBS	New	CBS CORP NEWcl b	$176,695,000	–	2,843,500	–	0.77%	–
RDN	New	RADIAN GROUP INC	$168,634,000	–	11,386,500	–	0.73%	–
HIG	New	HARTFORD FINL SVCS GROUP INC	$160,023,000	–	4,468,670	–	0.69%	–
GNW	New	GENWORTH FINL INC	$156,600,000	–	9,000,000	–	0.68%	–
TSU	New	TIM PARTICIPACOES S Asponsored adr	$153,723,000	–	5,295,300	–	0.67%	–
MTG	New	MGIC INVT CORP WIS	$153,033,000	–	16,562,000	–	0.66%	–
CACQ	New	CAESARS ACQUISITION COcl a added	$152,278,000	–	12,310,240	–	0.66%	–
NG	New	NOVAGOLD RES INC	$151,082,000	–	35,809,914	–	0.66%	–
CPWR	New	COMPUWARE CORP	$142,358,000	–	14,250,000	–	0.62%	–
	New	RADIAN GROUP INCnote 2.250% 3/01/2019	$126,644,000	–	84,500,000	–	0.55%	–
3106PS	New	DELPHI AUTOMOTIVE PLC	$109,984,000	–	1,600,000	–	0.48%	–
WLH	New	LYON WILLIAM HOMEScl a new	$101,142,000	–	3,322,666	–	0.44%	–
CNO	New	CNO FINL GROUP INC	$98,960,000	–	5,559,577	–	0.43%	–
POST	New	POST HLDGS INC	$94,184,000	–	1,850,000	–	0.41%	–
9207PS	New	ROCK-TENN COcl a	$84,472,000	–	800,000	–	0.37%	–
AUXL	New	AUXILIUM PHARMACEUTICALS INC	$80,240,000	–	4,000,000	–	0.35%	–
B108PS	New	ACTAVIS PLC	$66,915,000	–	300,000	–	0.29%	–
VRX	New	VALEANT PHARMACEUTICALS INTL	$63,098,000	–	500,300	–	0.27%	–
ENZY	New	ENZYMOTEC LTD	$57,961,000	–	4,271,230	–	0.25%	–
GOLD	New	RANDGOLD RES LTDadr	$57,058,000	–	674,446	–	0.25%	–
FCH	New	FELCOR LODGING TR INC	$52,550,000	–	5,000,000	–	0.23%	–
WWAV	New	WHITEWAVE FOODS CO	$51,873,000	–	1,602,500	–	0.22%	–
VNDA	New	VANDA PHARMACEUTICALS INC	$51,776,000	–	3,200,000	–	0.22%	–
BRX	New	BRIXMOR PPTY GROUP INC	$51,174,000	–	2,229,800	–	0.22%	–
AEM	New	AGNICO EAGLE MINES LTD	$50,579,000	–	1,320,600	–	0.22%	–
HHC	New	HOWARD HUGHES CORP	$49,716,000	–	315,000	–	0.22%	–
ALLY	New	ALLY FINL INC	$47,969,000	–	2,006,213	–	0.21%	–
	New	COBALT INTL ENERGY INCnote 2.625%12/001/2019	$46,125,000	–	50,000,000	–	0.20%	–
GULTU	New	GULF COAST ULTRA DEEP RTY TRroyalty tr unt	$40,205,000	–	13,721,856	–	0.17%	–
	New	STARWOOD PPTY TR INC NOTE 4.550% 3/0 ADDEDnote 4.550% 3/01/2018	$28,141,000	–	25,000,000	–	0.12%	–
	New	COLONY FINL INCnote 5.000% 4/15/2023 added	$26,891,000	–	25,000,000	–	0.12%	–
	New	REDWOOD TR INCnote 4.625% 4/15/2018	$25,703,000	–	25,000,000	–	0.11%	–
DXMMQ	New	DEX MEDIA INC NEW	$24,855,000	–	2,231,132	–	0.11%	–
GFI	New	GOLD FIELDS LTD NEWsponsored adr	$24,291,000	–	6,529,748	–	0.10%	–
BEE	New	STRATEGIC HOTELS & RESORTS I	$19,204,000	–	1,640,000	–	0.08%	–
MEAS	New	MEASUREMENT SPECIALTIES INC	$18,406,000	–	213,853	–	0.08%	–
SBGL	New	SIBANYE GOLD LTDsponsored adr	$18,006,000	–	1,632,435	–	0.08%	–
IAG	New	IAMGOLD CORP	$15,919,000	–	3,863,912	–	0.07%	–
PVAHQ	New	PENN VA CORP	$9,323,000	–	550,000	–	0.04%	–
BACWSB	New	BANK OF AMERICA CORPORATION* w exp 10/28/2018	$8,303,000	–	11,070,853	–	0.04%	–
THM	New	INTERNATIONAL TOWER HILL MIN	$6,414,000	–	8,908,000	–	0.03%	–
NCQ	New	NOVACOPPER INC	$6,445,000	–	5,912,709	–	0.03%	–
ANVGQ	New	ALLIED NEVADA GOLD CORP	$5,648,000	–	1,502,184	–	0.02%	–
KMDA	New	KAMADA LTD	$5,347,000	–	750,000	–	0.02%	–
SHO	New	SUNSTONE HOTEL INVS INC	$3,680,000	–	246,458	–	0.02%	–

Q4 2013

			Value		Shares		↓ Weighting
	Exit	RESOLUTE FST PRODS INC	$0	–	-56,742	–	-0.01%	–
THM	Exit	INTERNATIONAL TOWER HILL MIN	$0	–	-8,908,000	–	-0.02%	–
SHO	Exit	SUNSTONE HOTEL INVS INC	$0	–	-246,458	–	-0.02%	–
RBSPRRCL	Exit	ROYAL BK SCOTLAND GROP PLC	$0	–	-179,900	–	-0.02%	–
RBSPRPCL	Exit	ROYAL BK SCOTLAND GROP PLCadr pfd ser p	$0	–	-210,200	–	-0.03%	–
ANVGQ	Exit	ALLIED NEVADA GOLD CORP	$0	–	-1,502,184	–	-0.04%	–
SBGL	Exit	SIBANYE GOLD LTDsponsored adr	$0	–	-1,632,435	–	-0.06%	–
BACWSB	Exit	BANK OF AMERICA CORPORATION* w exp 10/28/2018	$0	–	-11,812,853	–	-0.06%	–
NCQ	Exit	NOVACOPPER INC	$0	–	-5,912,709	–	-0.07%	–
KMDA	Exit	KAMADA LTD	$0	–	-750,000	–	-0.07%	–
RUE	Exit	RUE21 INC	$0	–	-300,800	–	-0.08%	–
LIFE	Exit	LIFE TECHNOLOGIES CORP	$0	–	-181,053	–	-0.09%	–
BEE	Exit	STRATEGIC HOTELS & RESORTS I	$0	–	-1,640,000	–	-0.09%	–
DXMMQ	Exit	DEX MEDIA INC NEW	$0	–	-2,231,132	–	-0.12%	–
IAG	Exit	IAMGOLD CORP	$0	–	-3,863,912	–	-0.12%	–
STBZ	Exit	STATE BK FINL CORP	$0	–	-1,262,200	–	-0.13%	–
ANRZQ	Exit	ALPHA NATURAL RESOURCES INC	$0	–	-4,000,000	–	-0.15%	–
	Exit	COLONY FINL INCnote 5.000% 4/15/2023 added	$0	–	-25,000,000	–	-0.17%	–
	Exit	STARWOOD PPTY TR INC NOTE 4.550% 3/0 ADDEDnote 4.550% 3/01/2018	$0	–	-25,000,000	–	-0.17%	–
	Exit	REDWOOD TR INCnote 4.625% 4/15/2018	$0	–	-25,000,000	–	-0.17%	–
AEM	Exit	AGNICO EAGLE MINES LTD	$0	–	-1,011,880	–	-0.17%	–
GFI	Exit	GOLD FIELDS LTD NEWsponsored adr	$0	–	-6,529,748	–	-0.19%	–
FCH	Exit	FELCOR LODGING TR INC	$0	–	-5,000,000	–	-0.20%	–
WWAV	Exit	WHITEWAVE FOODS CO	$0	–	-1,600,000	–	-0.21%	–
LEAP	Exit	LEAP WIRELESS INTL INC	$0	–	-2,200,000	–	-0.22%	–
HHC	Exit	HOWARD HUGHES CORP	$0	–	-315,000	–	-0.23%	–
KDN	Exit	KAYDON CORP	$0	–	-1,000,000	–	-0.23%	–
RHP	Exit	RYMAN HOSPITALITY PPTYS INC	$0	–	-1,120,400	–	-0.25%	–
OASPQ	Exit	OASIS PETE INC NEW	$0	–	-794,900	–	-0.25%	–
NBHC	Exit	NATIONAL BK HLDGS CORPcl a	$0	–	-2,175,155	–	-0.29%	–
WLL	Exit	WHITING PETE CORP NEW	$0	–	-796,300	–	-0.31%	–
GOLD	Exit	RANDGOLD RES LTDadr	$0	–	-670,700	–	-0.31%	–
C	Exit	CITIGROUP INC	$0	–	-1,000,000	–	-0.31%	–
POST	Exit	POST HLDGS INC	$0	–	-1,234,200	–	-0.32%	–
ACAS	Exit	AMERICAN CAP LTD	$0	–	-3,784,700	–	-0.34%	–
	Exit	COBALT INTL ENERGY INCnote 2.625%12/001/2019	$0	–	-50,000,000	–	-0.34%	–
9207PS	Exit	ROCK-TENN COcl a	$0	–	-600,000	–	-0.39%	–
FNF	Exit	FIDELITY NATIONAL FINANCIALcl a	$0	–	-2,500,000	–	-0.43%	–
WLH	Exit	LYON WILLIAM HOMEScl a new	$0	–	-3,322,666	–	-0.44%	–
HIGWS	Exit	HARTFORD FINL SVCS GROUP INCw exp 6/26/2019	$0	–	-3,292,900	–	-0.47%	–
FDX	Exit	FEDEX CORP	$0	–	-646,800	–	-0.48%	–
NG	Exit	NOVAGOLD RES INC	$0	–	-35,839,014	–	-0.53%	–
IOC	Exit	INTEROIL CORP	$0	–	-1,191,472	–	-0.55%	–
BZ	Exit	BOISE INC	$0	–	-6,755,300	–	-0.55%	–
JAZZ	Exit	JAZZ PHARMACEUTICALS PLC	$0	–	-963,000	–	-0.57%	–
HSH	Exit	HILLSHIRE BRANDS CO	$0	–	-3,009,500	–	-0.60%	–
3106PS	Exit	DELPHI AUTOMOTIVE PLC	$0	–	-1,600,000	–	-0.60%	–
WPC	Exit	W P CAREY INC	$0	–	-1,534,860	–	-0.64%	–
COFWS	Exit	CAPITAL ONE FINL CORP*w exp 11/14/2018	$0	–	-3,632,434	–	-0.68%	–
IDCC	Exit	INTERDIGITAL INC	$0	–	-2,979,400	–	-0.72%	–
GNW	Exit	GENWORTH FINL INC	$0	–	-9,000,000	–	-0.74%	–
MTG	Exit	MGIC INVT CORP WIS	$0	–	-16,562,000	–	-0.78%	–
	Exit	RADIAN GROUP INCnote 2.250% 3/01/2019	$0	–	-84,500,000	–	-0.79%	–
BLC	Exit	BELO CORP	$0	–	-9,041,300	–	-0.80%	–
HCA	Exit	HCA HOLDINGS INC	$0	–	-3,403,919	–	-0.94%	–
RDN	Exit	RADIAN GROUP INC	$0	–	-11,393,900	–	-1.02%	–
BACWSA	Exit	BANK OF AMERICA CORPORATION* w exp 01/16/2019	$0	–	-27,078,152	–	-1.06%	–
CTB	Exit	COOPER TIRE & RUBR CO	$0	–	-5,454,000	–	-1.08%	–
CNO	Exit	CNO FINL GROUP INC	$0	–	-12,459,577	–	-1.16%	–
HIG	Exit	HARTFORD FINL SVCS GROUP INC	$0	–	-5,968,670	–	-1.20%	–
	Exit	MGIC INVT CORP WISnote 2.000% 4/01/2020	$0	–	-150,000,000	–	-1.23%	–
MTB	Exit	M & T BK CORP	$0	–	-1,747,560	–	-1.26%	–
EQIX	Exit	EQUINIX INC	$0	–	-1,200,000	–	-1.42%	–
CZR	Exit	CAESARS ENTMT CORP	$0	–	-11,662,651	–	-1.48%	–
BPOP	Exit	POPULAR INC	$0	–	-8,845,448	–	-1.50%	–
MNKKQ	Exit	MALLINCKRODT PUB LTD CO	$0	–	-5,640,000	–	-1.60%	–
CIE	Exit	COBALT INTL ENERGY INC	$0	–	-11,618,900	–	-1.86%	–
KOG	Exit	KODIAK OIL & GAS CORP	$0	–	-26,000,001	–	-2.02%	–
AMCX	Exit	AMC NETWORKS INCcl a	$0	–	-4,945,600	–	-2.18%	–
PXD	Exit	PIONEER NAT RES CO	$0	–	-1,800,000	–	-2.19%	–
SHPG	Exit	SHIRE PLCsponsored adr	$0	–	-2,843,500	–	-2.20%	–
S	Exit	SPRINT CORP COM	$0	–	-56,628,439	–	-2.27%	–
CVC	Exit	CABLEVISION SYS CORPcl a ny cablvs	$0	–	-21,000,000	–	-2.28%	–
HES	Exit	HESS CORP	$0	–	-4,648,600	–	-2.32%	–
AU	Exit	ANGLOGOLD ASHANTI LTDsponsored adr	$0	–	-31,424,135	–	-2.69%	–
TWC	Exit	TIME WARNER CABLE INC	$0	–	-4,000,000	–	-2.88%	–
MYL	Exit	MYLAN INC	$0	–	-12,139,300	–	-2.99%	–
TMUS	Exit	T-MOBILE US INC	$0	–	-19,435,149	–	-3.25%	–
AET	Exit	AETNA INC NEW	$0	–	-7,997,107	–	-3.30%	–
FCX	Exit	FREEPORT-MCMORAN COPPER & GO	$0	–	-15,505,982	–	-3.31%	–
RLGY	Exit	REALOGY HLDGS CORP	$0	–	-12,000,000	–	-3.33%	–
TMO	Exit	THERMO FISHER SCIENTIFIC INC	$0	–	-5,710,900	–	-3.39%	–
GRFS	Exit	GRIFOLS S Asponsored adr	$0	–	-19,838,107	–	-3.87%	–
MGM	Exit	MGM RESORTS INTERNATIONAL	$0	–	-29,800,000	–	-3.93%	–
VOD	Exit	VODAFONE GROUP PLC NEWspons adr new	$0	–	-20,000,000	–	-4.54%	–
FDO	Exit	FAMILY DLR STORES INC	$0	–	-11,265,600	–	-5.23%	–
GLD	Exit	SPDR GOLD TRUST	$0	–	-10,234,852	–	-8.46%	–

Q3 2013

			Value		Shares		↓ Weighting
FDO	Buy	FAMILY DLR STORES INC	$811,349,000	+74.9%	11,265,600	+51.3%	5.23%	+59.9%
VOD	Buy	VODAFONE GROUP PLC NEWspons adr new	$703,600,000	+771.6%	20,000,000	+612.0%	4.54%	+697.0%
MGM	Sell	MGM RESORTS INTERNATIONAL	$609,112,000	+21.2%	29,800,000	-12.4%	3.93%	+10.8%
GRFS	Buy	GRIFOLS S Asponsored adr	$600,698,000	+6.6%	19,838,107	+0.3%	3.87%	-2.6%
RLGY	Sell	REALOGY HLDGS CORP	$516,240,000	-17.1%	12,000,000	-7.4%	3.33%	-24.2%
AET	Buy	AETNA INC NEW	$511,975,000	+23.8%	7,997,107	+22.9%	3.30%	+13.2%
TMUS	Buy	T-MOBILE US INC	$504,731,000	+22.0%	19,435,149	+16.6%	3.25%	+11.5%
TWC	New	TIME WARNER CABLE INC	$446,400,000	–	4,000,000	–	2.88%	–
AU	Buy	ANGLOGOLD ASHANTI LTDsponsored adr	$417,313,000	+4.5%	31,424,135	+12.5%	2.69%	-4.5%
S	New	SPRINT CORP COM	$352,172,000	–	56,628,439	–	2.27%	–
PXD	Sell	PIONEER NAT RES CO	$339,840,000	-3.6%	1,800,000	-26.1%	2.19%	-11.9%
KOG	Buy	KODIAK OIL & GAS CORP	$313,560,000	+135.8%	26,000,001	+73.8%	2.02%	+115.5%
CIE	Sell	COBALT INTL ENERGY INC	$288,846,000	-22.5%	11,618,900	-17.1%	1.86%	-29.1%
MNKKQ	New	MALLINCKRODT PUB LTD CO	$248,668,000	–	5,640,000	–	1.60%	–
CZR	Sell	CAESARS ENTMT CORP	$229,521,000	+39.4%	11,662,651	-3.0%	1.48%	+27.4%
EQIX	Buy	EQUINIX INC	$220,380,000	+19.3%	1,200,000	+20.0%	1.42%	+9.0%
MTB	Buy	M & T BK CORP	$195,587,000	+316.5%	1,747,560	+315.9%	1.26%	+281.0%
CNO	Sell	CNO FINL GROUP INC	$179,418,000	+2.9%	12,459,577	-7.4%	1.16%	-6.0%
CTB	Buy	COOPER TIRE & RUBR CO	$167,983,000	+1.3%	5,454,000	+9.1%	1.08%	-7.4%
BLC	Buy	BELO CORP	$123,866,000	+68.7%	9,041,300	+71.8%	0.80%	+54.1%
IOC	Sell	INTEROIL CORP	$84,964,000	-29.6%	1,191,472	-31.4%	0.55%	-35.6%
FDX	New	FEDEX CORP	$73,806,000	–	646,800	–	0.48%	–
HIGWS	Buy	HARTFORD FINL SVCS GROUP INCw exp 6/26/2019	$73,596,000	+865.7%	3,292,900	+846.2%	0.47%	+777.8%
WLL	New	WHITING PETE CORP NEW	$47,659,000	–	796,300	–	0.31%	–
OASPQ	New	OASIS PETE INC NEW	$39,053,000	–	794,900	–	0.25%	–
KDN	New	KAYDON CORP	$35,520,000	–	1,000,000	–	0.23%	–
LEAP	Sell	LEAP WIRELESS INTL INC	$34,760,000	-33.8%	2,200,000	-71.8%	0.22%	-39.5%
WWAV	New	WHITEWAVE FOODS CO	$31,952,000	–	1,600,000	–	0.21%	–
LIFE	Sell	LIFE TECHNOLOGIES CORP	$13,548,000	-85.7%	181,053	-85.9%	0.09%	-87.0%
RUE	Sell	RUE21 INC	$12,131,000	-87.3%	300,800	-86.9%	0.08%	-88.4%
RBSPRPCL	Sell	ROYAL BK SCOTLAND GROP PLCadr pfd ser p	$4,320,000	-54.6%	210,200	-53.5%	0.03%	-58.2%
RBSPRRCL	Sell	ROYAL BK SCOTLAND GROP PLC	$3,623,000	-61.4%	179,900	-60.3%	0.02%	-65.2%
	New	RESOLUTE FST PRODS INC	$750,000	–	56,742	–	0.01%	–
FRP	Exit	FAIRPOINT COMMUNICATIONS INC	$0	–	-131,500	–	-0.01%	–
RBSPRSCL	Exit	ROYAL BK SCOTLAND GROP PLCsp adr pref s	$0	–	-80,969	–	-0.01%	–
RBSPRNCL	Exit	ROYAL BK SCOTLAND GROP PLCadr pref ser n	$0	–	-100,336	–	-0.02%	–
RBSPRMCL	Exit	ROYAL BK SCOTLAND GROP PLCsp adr pref m	$0	–	-129,488	–	-0.02%	–
WWAVB	Exit	WHITEWAVE FOODS CO	$0	–	-1,000,000	–	-0.11%	–
BKI	Exit	BUCKEYE TECHNOLOGIES INC	$0	–	-1,195,800	–	-0.31%	–
CLWR	Exit	CLEARWIRE CORP NEWcl a	$0	–	-8,938,300	–	-0.32%	–
AUPRA	Exit	ANGLOGOLD ASHANTI HLDGS FINmand bd cv 13	$0	–	-3,035,100	–	-0.37%	–
ELN	Exit	ELAN PLCadr	$0	–	-5,100,000	–	-0.51%	–
GDI	Exit	GARDNER DENVER INC	$0	–	-1,003,200	–	-0.53%	–
MJN	Exit	MEAD JOHNSON NUTRITION CO	$0	–	-957,900	–	-0.54%	–
SFD	Exit	SMITHFIELD FOODS INC	$0	–	-5,000,000	–	-1.16%	–
S	Exit	SPRINT NEXTEL CORP	$0	–	-200,000,000	–	-9.90%	–

Q2 2013

			Value		Shares		↓ Weighting
S	New	SPRINT NEXTEL CORP	$1,404,000,000	–	200,000,000	–	9.90%	–
GLD	New	SPDR GOLD TRUST	$1,219,073,000	–	10,234,852	–	8.60%	–
RLGY	New	REALOGY HLDGS CORP	$622,488,000	–	12,957,700	–	4.39%	–
GRFS	New	GRIFOLS S Asponsored adr	$563,513,000	–	19,786,279	–	3.97%	–
MGM	New	MGM RESORTS INTERNATIONAL	$502,520,000	–	34,000,000	–	3.54%	–
TMO	New	THERMO FISHER SCIENTIFIC INC	$483,313,000	–	5,710,900	–	3.41%	–
FDO	New	FAMILY DLR STORES INC	$463,811,000	–	7,443,600	–	3.27%	–
FCX	New	FREEPORT-MCMORAN COPPER & GO	$428,120,000	–	15,505,982	–	3.02%	–
TMUS	New	T-MOBILE US INC	$413,693,000	–	16,674,449	–	2.92%	–
AET	New	AETNA INC NEW	$413,429,000	–	6,506,600	–	2.92%	–
AU	New	ANGLOGOLD ASHANTI LTDsponsored adr	$399,478,000	–	27,935,500	–	2.82%	–
MYL	New	MYLAN INC	$376,682,000	–	12,139,300	–	2.66%	–
CIE	New	COBALT INTL ENERGY INC	$372,482,000	–	14,018,900	–	2.63%	–
CVC	New	CABLEVISION SYS CORPcl a ny cablvs	$353,220,000	–	21,000,000	–	2.49%	–
PXD	New	PIONEER NAT RES CO	$352,495,000	–	2,435,200	–	2.49%	–
AMCX	New	AMC NETWORKS INCcl a	$323,096,000	–	4,945,600	–	2.28%	–
HES	New	HESS CORP	$309,085,000	–	4,648,600	–	2.18%	–
SHPG	New	SHIRE PLCsponsored adr	$270,445,000	–	2,843,500	–	1.91%	–
BPOP	New	POPULAR INC	$268,636,000	–	8,845,448	–	1.90%	–
EQIX	New	EQUINIX INC	$184,720,000	–	1,000,000	–	1.30%	–
HIG	New	HARTFORD FINL SVCS GROUP INC	$184,551,000	–	5,968,670	–	1.30%	–
CNO	New	CNO FINL GROUP INC	$174,446,000	–	13,460,377	–	1.23%	–
	New	MGIC INVT CORP WISnote 2.000% 4/0	$169,875,000	–	150,000,000	–	1.20%	–
CTB	New	COOPER TIRE & RUBR CO	$165,850,000	–	5,000,000	–	1.17%	–
CZR	New	CAESARS ENTMT CORP	$164,683,000	–	12,020,651	–	1.16%	–
SFD	New	SMITHFIELD FOODS INC	$163,750,000	–	5,000,000	–	1.16%	–
BACWSA	New	BANK OF AMERICA CORPORATION* w exp 01/16/2019	$147,847,000	–	27,078,152	–	1.04%	–
KOG	New	KODIAK OIL & GAS CORP	$132,980,000	–	14,958,400	–	0.94%	–
IDCC	New	INTERDIGITAL INC	$133,030,000	–	2,979,400	–	0.94%	–
RDN	New	RADIAN GROUP INC	$132,397,000	–	11,393,900	–	0.93%	–
HCA	New	HCA HOLDINGS INC	$122,745,000	–	3,403,919	–	0.87%	–
IOC	New	INTEROIL CORP	$120,649,000	–	1,735,700	–	0.85%	–
	New	RADIAN GROUP INCnote 2.250% 3/01/2019	$107,790,000	–	84,500,000	–	0.76%	–
GNW	New	GENWORTH FINL INC	$102,690,000	–	9,000,000	–	0.72%	–
WPC	New	W P CAREY INC	$101,562,000	–	1,534,860	–	0.72%	–
MTG	New	MGIC INVT CORP WIS	$100,531,000	–	16,562,000	–	0.71%	–
HSH	New	HILLSHIRE BRANDS CO	$99,554,000	–	3,009,500	–	0.70%	–
RUE	New	RUE21 INC	$95,703,000	–	2,300,000	–	0.68%	–
LIFE	New	LIFE TECHNOLOGIES CORP	$95,048,000	–	1,284,433	–	0.67%	–
COFWS	New	CAPITAL ONE FINL CORP*w exp 11/14/2018	$88,014,000	–	3,632,434	–	0.62%	–
WLH	New	LYON WILLIAM HOMEScl a new added	$83,764,000	–	3,322,666	–	0.59%	–
3106PS	New	DELPHI AUTOMOTIVE PLC	$81,104,000	–	1,600,000	–	0.57%	–
VOD	New	VODAFONE GROUP PLC NEWspons adr new	$80,728,000	–	2,808,900	–	0.57%	–
NG	New	NOVAGOLD RES INC	$79,606,000	–	35,839,014	–	0.56%	–
MJN	New	MEAD JOHNSON NUTRITION CO	$75,894,000	–	957,900	–	0.54%	–
GDI	New	GARDNER DENVER INC	$75,421,000	–	1,003,200	–	0.53%	–
BLC	New	BELO CORP	$73,415,000	–	5,262,700	–	0.52%	–
ELN	New	ELAN PLCadr	$72,114,000	–	5,100,000	–	0.51%	–
JAZZ	New	JAZZ PHARMACEUTICALS PLC	$66,187,000	–	963,000	–	0.47%	–
9207PS	New	ROCK-TENN COcl a	$59,928,000	–	600,000	–	0.42%	–
FNF	New	FIDELITY NATIONAL FINANCIALcl a	$59,525,000	–	2,500,000	–	0.42%	–
BZ	New	BOISE INC	$57,690,000	–	6,755,300	–	0.41%	–
POST	New	POST HLDGS INC	$53,885,000	–	1,234,200	–	0.38%	–
	New	COBALT INTL ENERGY INCnote 2.625%12/001/2019	$53,031,000	–	50,000,000	–	0.37%	–
LEAP	New	LEAP WIRELESS INTL INC	$52,494,000	–	7,800,000	–	0.37%	–
AUPRA	New	ANGLOGOLD ASHANTI HLDGS FINmand bd cv 13	$51,896,000	–	3,035,100	–	0.37%	–
C	New	CITIGROUP INC	$47,970,000	–	1,000,000	–	0.34%	–
ACAS	New	AMERICAN CAP LTD	$47,952,000	–	3,784,700	–	0.34%	–
MTB	New	M & T BK CORP	$46,957,000	–	420,200	–	0.33%	–
CLWR	New	CLEARWIRE CORP NEWcl a	$44,647,000	–	8,938,300	–	0.32%	–
BKI	New	BUCKEYE TECHNOLOGIES INC	$44,292,000	–	1,195,800	–	0.31%	–
RHP	New	RYMAN HOSPITALITY PPTYS INC	$43,707,000	–	1,120,400	–	0.31%	–
GOLD	New	RANDGOLD RES LTDadr	$42,925,000	–	670,700	–	0.30%	–
NBHC	New	NATIONAL BK HLDGS CORPcl a	$42,851,000	–	2,175,155	–	0.30%	–
DXMMQ	New	DEX MEDIA INC NEW	$39,201,000	–	2,231,132	–	0.28%	–
HHC	New	HOWARD HUGHES CORP	$35,308,000	–	315,000	–	0.25%	–
GFI	New	GOLD FIELDS LTD NEWsponsored adr	$34,281,000	–	6,529,748	–	0.24%	–
FCH	New	FELCOR LODGING TR INC	$29,550,000	–	5,000,000	–	0.21%	–
AEM	New	AGNICO EAGLE MINES LTD	$27,867,000	–	1,011,880	–	0.20%	–
	New	STARWOOD PPTY TR INC NOTE 4.550% 3/0 ADDEDnote 4.550% 3/01/2018	$25,750,000	–	25,000,000	–	0.18%	–
	New	COLONY FINL INCnote 5.000% 4/15/2023 added	$25,438,000	–	25,000,000	–	0.18%	–
	New	REDWOOD TR INCnote 4.625% 4/01/2018	$24,578,000	–	25,000,000	–	0.17%	–
ANRZQ	New	ALPHA NATURAL RESOURCES INC	$20,960,000	–	4,000,000	–	0.15%	–
STBZ	New	STATE BK FINL CORP	$18,971,000	–	1,262,200	–	0.13%	–
IAG	New	IAMGOLD CORP	$16,731,000	–	3,863,912	–	0.12%	–
WWAVB	New	WHITEWAVE FOODS CO	$15,200,000	–	1,000,000	–	0.11%	–
BEE	New	STRATEGIC HOTELS & RESORTS I	$14,530,000	–	1,640,000	–	0.10%	–
NCQ	New	NOVACOPPER INC	$10,347,000	–	5,912,709	–	0.07%	–
ANVGQ	New	ALLIED NEVADA GOLD CORP	$9,734,000	–	1,502,184	–	0.07%	–
RBSPRPCL	New	ROYAL BK SCOTLAND GROP PLCadr pfd ser p	$9,516,000	–	452,299	–	0.07%	–
RBSPRRCL	New	ROYAL BK SCOTLAND GROP PLC	$9,374,000	–	453,513	–	0.07%	–
BACWSB	New	BANK OF AMERICA CORPORATION* w exp 10/28/2018	$9,096,000	–	11,812,853	–	0.06%	–
KMDA	New	KAMADA LTD	$8,370,000	–	750,000	–	0.06%	–
HIGWS	New	HARTFORD FINL SVCS GROUP INCw exp 6/26/2019	$7,621,000	–	348,000	–	0.05%	–
THM	New	INTERNATIONAL TOWER HILL MIN	$5,585,000	–	8,908,000	–	0.04%	–
SBGL	New	SIBANYE GOLD LTDsponsored adr	$4,799,000	–	1,632,435	–	0.03%	–
SHO	New	SUNSTONE HOTEL INVS INC	$2,977,000	–	246,458	–	0.02%	–
RBSPRMCL	New	ROYAL BK SCOTLAND GROP PLCsp adr pref m	$2,749,000	–	129,488	–	0.02%	–
RBSPRNCL	New	ROYAL BK SCOTLAND GROP PLCadr pref ser n	$2,111,000	–	100,336	–	0.02%	–
RBSPRSCL	New	ROYAL BK SCOTLAND GROP PLCsp adr pref s	$1,768,000	–	80,969	–	0.01%	–
FRP	New	FAIRPOINT COMMUNICATIONS INC	$1,098,000	–	131,500	–	0.01%	–

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