13F-HR

Q1 2016

Period Mar 31, 2016Filed May 13, 2016View on EDGAR ↗

Positions

Total value

$5.66B

Top 10 concentration

58.6%

New positions

—

Holdings · 49

#		Sector	Class
1	SPDR S&P 500 ETF TR 78462F103 · Call	—	TR UNIT	$555.01M	9.81%	2,700,000	New
2	ENERGY TRANSFER PRTNRS L P ET · 29273R109	—	UNIT LTD PARTN	$522.81M	9.24%	16,165,914	New
3	ALPHABET INC GOOG · 02079K107	Communication Services	CAP STK CL C	$447.38M	7.91%	600,550	New
4	DELTA AIR LINES INC DEL DAL · 247361702	Industrials	COM NEW	$418.4M	7.40%	8,594,855	New
5	WILLIAMS PARTNERS L P NEW 96949L105	—	COM UNIT LTD PAR	$270.7M	4.79%	13,237,383	New
6	WHIRLPOOL CORP WHR · 963320106	Consumer Discretionary	COM	$254.42M	4.50%	1,410,796	New
7	HCA HOLDINGS INC HCA · 40412C101	Health Care	COM	$247.69M	4.38%	3,173,423	New
8	ALLSTATE CORP ALL · 020002101	Financials	COM	$215.15M	3.80%	3,193,515	New
9	SOUTHWEST AIRLS CO LUV · 844741108	Industrials	COM	$195.37M	3.45%	4,360,961	New
10	FACEBOOK INC META · 30303M102	Communication Services	CL A	$185.75M	3.28%	1,627,950	New
11	OWENS CORNING NEW OC · 690742101	Industrials	COM	$158.18M	2.80%	3,345,606	New
12	ALPS ETF TR AMLPUSD · 00162Q866	—	ALERIAN MLP	$151.27M	2.67%	13,877,659	New
13	SYNCHRONY FINL SYF · 87165B103	Financials	COM	$143.89M	2.54%	5,020,453	New
14	COMMUNITY HEALTH SYS INC NEW CYH · 203668108	—	COM	$132.35M	2.34%	7,150,000	New
15	NXP SEMICONDUCTORS N V NXPI · N6596X109	Information Technology	COM	$117.24M	2.07%	1,446,159	New
16	ABENGOA YIELD PLC G00349103	—	ORD SHS	$113.17M	2.00%	6,365,156	New
17	HD SUPPLY HLDGS INC HDSUSD · 40416M105	—	COM	$109.7M	1.94%	3,317,171	New
18	POWERSHARES QQQ TRUST 73935A104 · Call	—	UNIT SER 1	$109.2M	1.93%	1,000,000	New
19	HUNTSMAN CORP HUN · 447011107	—	COM	$106.91M	1.89%	8,037,950	New
20	MOHAWK INDS INC MHK · 608190104	Consumer Discretionary	COM	$105.74M	1.87%	553,895	New
21	BANK AMER CORP BAC · 060505104	Financials	COM	$94.45M	1.67%	6,986,100	New
22	TWENTY FIRST CENTY FOX INC 90130A101	—	CL A	$82.67M	1.46%	2,965,354	New
23	KINDER MORGAN INC DEL KMI · 49456B101	Energy	COM	$80.37M	1.42%	4,500,000	New
24	TERRAFORM PWR INC 88104R100	—	CL A COM	$75.33M	1.33%	8,708,708	New
25	GENERAL MTRS CO GM · 37045V100	Consumer Discretionary	COM	$74.96M	1.32%	2,384,934	New
26	ALLERGAN PLC G0177J108	—	SHS	$74.81M	1.32%	279,109	New
27	PFIZER INC PFE · 717081103	Health Care	COM	$74.46M	1.32%	2,512,250	New
28	PPG INDS INC PPG · 693506107	Materials	COM	$70.29M	1.24%	630,462	New
29	HAIN CELESTIAL GROUP INC HAIN · 405217100	—	COM	$58.06M	1.03%	1,419,277	New
30	RANGE RES CORP RRC · 75281A109	Energy	COM	$46.56M	0.82%	1,438,000	New
31	INGERSOLL-RAND PLC IR · G47791101	Industrials	SHS	$45.38M	0.80%	731,829	New
32	WMIH CORP 92936P100	—	COM	$39.55M	0.70%	16,902,465	New
33	TRIUMPH GROUP INC NEW TFIN · 896818101	Financials	COM	$37.8M	0.67%	1,200,652	New
34	UNITED RENTALS INC URI · 911363109	Industrials	COM	$35.98M	0.64%	578,512	New
35	SOUTHWESTERN ENERGY CO SWN1EUR · 845467109	—	COM	$35.77M	0.63%	4,433,000	New
36	GOODYEAR TIRE & RUBR CO GT · 382550101	Consumer Discretionary	COM	$31.43M	0.56%	952,890	New
37	CABOT OIL & GAS CORP CTRA · 127097103	—	COM	$28.68M	0.51%	1,263,000	New
38	TWENTY FIRST CENTY FOX INC 90130A200	—	CL B	$26.99M	0.48%	956,983	New
39	VALEANT PHARMACEUTICALS INTL 91911K102	—	COM	$24.85M	0.44%	945,000	New
40	KAYNE ANDERSON MLP INVT CO KYN · 486606106	—	COM	$16.82M	0.30%	1,014,940	New
41	TENET HEALTHCARE CORP THC · 88033G407	Health Care	COM NEW	$10.08M	0.18%	348,405	New
42	ANTERO RES CORP AR · 03674X106	Energy	COM	$9.48M	0.17%	381,000	New
43	TERRAFORM GLOBAL INC 88104M101	—	CL A	$8.69M	0.15%	3,652,380	New
44	SPDR S&P 500 ETF TR SPY · 78462F103	—	TR UNIT	$4.7M	0.08%	22,854	New
45	GENERAL MTRS CO 37045V118	—	*W EXP 07/10/201	$4.11M	0.07%	190,011	New
46	GENERAL MTRS CO 37045V126	—	*W EXP 07/10/201	$2.6M	0.05%	190,011	New
47	TEEKAY OFFSHORE PARTNERS L P TK · Y8565J101	—	PARTNERSHIP UN	$1.78M	0.03%	313,990	New
48	CLEARBRIDGE ENERGY MLP FD IN 184692101	—	COM	$247K	0.00%	18,197	New
49	KINDER MORGAN INC DEL KMI · 49456B119	Energy	*W EXP 05/25/201	$37K	0.00%	1,012,760	New

Total filing value: $5.66B