The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete. | |||||||||||||||||||||
| UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 13F FORM 13F INFORMATION TABLE |
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| COLUMN 1 | COLUMN 2 | COLUMN 3 | COLUMN 4 | COLUMN 5 | COLUMN 6 | COLUMN 7 | COLUMN 8 | ||||
| VALUE | SHRS OR | SH/ | PUT/ | INVESTMENT | OTHER | VOTING AUTHORITY | |||||
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | (x$1000) | PRN AMT | PRN | CALL | DISCRETION | MANAGER | SOLE | SHARED | NONE |
| FLEX LNG LTD | SHS | G35947202 | 275,280 | 12,000 | SH | DFND | 1 | 12,000 | 0 | 0 | |
| INVESCO LTD | SHS | G491BT108 | 4,282,600 | 245,000 | SH | DFND | 1 | 245,000 | 0 | 0 | |
| LIBERTY LATIN AMERICA LTD | COM CL C | G9001E128 | 792,500 | 125,000 | SH | DFND | 1 | 125,000 | 0 | 0 | |
| ALBERTSONS COS INC | COMMON STOCK | 013091103 | 15,452,477 | 786,786 | SH | DFND | 1 | 786,786 | 0 | 0 | |
| ALLIANCE RESOURCE PARTNERS L | UT LTD PART | 01877R108 | 670,395 | 25,500 | SH | DFND | 1 | 25,500 | 0 | 0 | |
| KINETIK HOLDINGS INC | COM NEW CL A | 02215L209 | 765,585 | 13,500 | SH | DFND | 1 | 13,500 | 0 | 0 | |
| AMERICAN WOODMARK CORPORATIO | COM | 030506109 | 2,300,326 | 28,924 | SH | DFND | 1 | 28,924 | 0 | 0 | |
| ANTERO MIDSTREAM CORP | COM | 03676B102 | 316,890 | 21,000 | SH | DFND | 1 | 21,000 | 0 | 0 | |
| APOLLO COML REAL EST FIN INC | COM | 03762U105 | 732,636 | 84,600 | SH | DFND | 1 | 84,600 | 0 | 0 | |
| APOLLO COML REAL EST FIN INC | COM | 03762U105 | 177,998 | 20,554 | SH | DFND | 20,554 | 0 | 0 | ||
| ARCELORMITTAL SA LUXEMBOURG | NY REGISTRY SH | 03938L203 | 3,083,992 | 133,333 | SH | DFND | 1 | 133,333 | 0 | 0 | |
| BM TECHNOLOGIES INC | CL A COM | 05591L107 | 250,671 | 51,262 | SH | DFND | 1 | 51,262 | 0 | 0 | |
| BRIGHTHOUSE FINL INC | COM | 10922N103 | 497,839 | 10,363 | SH | DFND | 1 | 10,363 | 0 | 0 | |
| BRIGHTHOUSE FINL INC | COM | 10922N103 | 47,992 | 999 | SH | DFND | 999 | 0 | 0 | ||
| BRISTOL-MYERS SQUIBB CO | COM | 110122108 | 1,696,800 | 30,000 | SH | DFND | 1 | 30,000 | 0 | 0 | |
| BRISTOL-MYERS SQUIBB CO | COM | 110122108 | 1,696,800 | 30,000 | SH | DFND | 30,000 | 0 | 0 | ||
| CAPITOL FED FINL INC | COM | 14057J101 | 212,760 | 36,000 | SH | DFND | 1 | 36,000 | 0 | 0 | |
| CITIGROUP INC | COM NEW | 172967424 | 21,680,120 | 308,000 | SH | DFND | 1 | 308,000 | 0 | 0 | |
| CITIGROUP INC | COM NEW | 172967424 | 492,730 | 7,000 | SH | DFND | 7,000 | 0 | 0 | ||
| CLIPPER RLTY INC | COM | 18885T306 | 1,703,962 | 372,044 | SH | DFND | 1 | 372,044 | 0 | 0 | |
| COGNITION THERAPEUTICS INC | COM | 19243B102 | 143,767 | 205,000 | SH | DFND | 1 | 205,000 | 0 | 0 | |
| COMCAST CORP NEW | CL A | 20030N101 | 7,768,710 | 207,000 | SH | DFND | 1 | 207,000 | 0 | 0 | |
| CONOCOPHILLIPS | COM | 20825C104 | 694,190 | 7,000 | SH | DFND | 7,000 | 0 | 0 | ||
| CROSSAMERICA PARTNERS LP | UT LTD PTN INT | 22758A105 | 308,000 | 14,000 | SH | DFND | 1 | 14,000 | 0 | 0 | |
| CURIOSITYSTREAM INC | COM CL A | 23130Q107 | 42,736 | 27,932 | SH | DFND | 1 | 27,932 | 0 | 0 | |
| DELEK LOGISTICS PARTNERS LP | COM UNT RP INT | 24664T103 | 507,120 | 12,000 | SH | DFND | 1 | 12,000 | 0 | 0 | |
| ELLINGTON FINANCIAL INC | COM | 28852N109 | 838,292 | 69,166 | SH | DFND | 1 | 69,166 | 0 | 0 | |
| ELLINGTON FINANCIAL INC | COM | 28852N109 | 373,708 | 30,834 | SH | DFND | 30,834 | 0 | 0 | ||
| ENERGY TRANSFER L P | COM UT LTD PTN | 29273V100 | 7,317,257 | 373,520 | SH | DFND | 1 | 373,520 | 0 | 0 | |
| ENERGY TRANSFER L P | COM UT LTD PTN | 29273V100 | 1,515,796 | 77,376 | SH | DFND | 77,376 | 0 | 0 | ||
| ENTERPRISE PRODS PARTNERS L | COM | 293792107 | 7,996,800 | 255,000 | SH | DFND | 1 | 255,000 | 0 | 0 | |
| EOS ENERGY ENTERPRISES INC | COM CL A | 29415C101 | 3,302,953 | 679,620 | SH | DFND | 1 | 679,620 | 0 | 0 | |
| FRANKLIN RESOURCES INC | COM | 354613101 | 1,289,430 | 63,550 | SH | DFND | 1 | 63,550 | 0 | 0 | |
| FRANKLIN RESOURCES INC | COM | 354613101 | 1,128,124 | 55,600 | SH | DFND | 55,600 | 0 | 0 | ||
| FULL HSE RESORTS INC | COM | 359678109 | 144,150 | 35,331 | SH | DFND | 1 | 35,331 | 0 | 0 | |
| GENERAL MTRS CO | COM | 37045V100 | 7,240,458 | 135,920 | SH | DFND | 1 | 135,920 | 0 | 0 | |
| GENERAL MTRS CO | COM | 37045V100 | 2,880,842 | 54,080 | SH | DFND | 54,080 | 0 | 0 | ||
| GLOBAL PARTNERS LP | COM UNITS | 37946R109 | 814,625 | 17,500 | SH | DFND | 1 | 17,500 | 0 | 0 | |
| GRANITE PT MTG TR INC | COM STK | 38741L107 | 109,454 | 39,231 | SH | DFND | 1 | 39,231 | 0 | 0 | |
| GRANITE PT MTG TR INC | COM STK | 38741L107 | 116,594 | 41,790 | SH | DFND | 41,790 | 0 | 0 | ||
| GRAY TELEVISION INC | COM | 389375106 | 1,607,136 | 510,202 | SH | DFND | 1 | 510,202 | 0 | 0 | |
| GRAY TELEVISION INC | COM | 389375106 | 94,500 | 30,000 | SH | DFND | 30,000 | 0 | 0 | ||
| HESS MIDSTREAM LP | CL A SHS | 428103105 | 796,145 | 21,500 | SH | DFND | 1 | 21,500 | 0 | 0 | |
| IHEARTMEDIA INC | COM CL A | 45174J509 | 320,940 | 162,091 | SH | DFND | 1 | 162,091 | 0 | 0 | |
| JOURNEY MED CORP | COM | 48115J109 | 703,800 | 180,000 | SH | DFND | 1 | 180,000 | 0 | 0 | |
| KEROS THERAPEUTICS INC | COM | 492327101 | 159,962 | 10,105 | SH | DFND | 1 | 10,105 | 0 | 0 | |
| KRAFT HEINZ CO | COM | 500754106 | 3,378,100 | 110,000 | SH | DFND | 1 | 110,000 | 0 | 0 | |
| LCNB CORP | COM | 50181P100 | 1,390,750 | 91,920 | SH | DFND | 1 | 91,920 | 0 | 0 | |
| LCNB CORP | COM | 50181P100 | 25,146 | 1,662 | SH | DFND | 1,662 | 0 | 0 | ||
| MPLX LP | COM UNIT REP LTD | 55336V100 | 1,196,500 | 25,000 | SH | DFND | 1 | 25,000 | 0 | 0 | |
| MOLSON COORS BEVERAGE CO | CL B | 60871R209 | 1,433,000 | 25,000 | SH | DFND | 1 | 25,000 | 0 | 0 | |
| NEXSTAR MEDIA GROUP INC | COMMON STOCK | 65336K103 | 33,944,910 | 214,882 | SH | DFND | 1 | 214,882 | 0 | 0 | |
| NEXSTAR MEDIA GROUP INC | COMMON STOCK | 65336K103 | 1,990,422 | 12,600 | SH | DFND | 12,600 | 0 | 0 | ||
| OMEROS CORP | COM | 682143102 | 633,436 | 64,113 | SH | DFND | 1 | 64,113 | 0 | 0 | |
| ONCONETIX INC | COM | 68237Q104 | 22,694 | 36,023 | SH | DFND | 1 | 36,023 | 0 | 0 | |
| ONEOK INC NEW | COM | 682680103 | 2,527,269 | 25,172 | SH | DFND | 1 | 25,172 | 0 | 0 | |
| PHENIXFIN CORP | COM | 71742W103 | 2,734,793 | 54,003 | SH | DFND | 1 | 54,003 | 0 | 0 | |
| PHENIXFIN CORP | COM | 71742W103 | 522,823 | 10,324 | SH | DFND | 10,324 | 0 | 0 | ||
| PHILLIPS 66 | COM | 718546104 | 712,063 | 6,250 | SH | DFND | 1 | 6,250 | 0 | 0 | |
| PLAINS ALL AMERN PIPELINE L | UNIT LTD PARTN | 726503105 | 7,045,500 | 412,500 | SH | DFND | 1 | 412,500 | 0 | 0 | |
| PRECIGEN INC | COM | 74017N105 | 74,048 | 66,114 | SH | DFND | 1 | 66,114 | 0 | 0 | |
| READY CAPITAL CORP | COM | 75574U101 | 1,691,940 | 248,085 | SH | DFND | 1 | 248,085 | 0 | 0 | |
| READY CAPITAL CORP | COM | 75574U101 | 941,399 | 138,035 | SH | DFND | 138,035 | 0 | 0 | ||
| SHELL PLC | SPON ADS | 780259305 | 908,425 | 14,500 | SH | DFND | 14,500 | 0 | 0 | ||
| SINCLAIR INC | CL A | 829242106 | 10,626,899 | 658,420 | SH | DFND | 1 | 658,420 | 0 | 0 | |
| SUNOCO LP/SUNOCO FIN CORP | COM UT REP LP | 86765K109 | 1,003,080 | 19,500 | SH | DFND | 1 | 19,500 | 0 | 0 | |
| TALOS ENERGY INC | COM | 87484T108 | 14,444,955 | 1,487,637 | SH | DFND | 1 | 1,487,637 | 0 | 0 | |
| TORTOISE ENERGY INFRA CORP | COM | 89147L886 | 4,191,894 | 99,807 | SH | DFND | 1 | 99,807 | 0 | 0 | |
| TORTOISE ENERGY INFRA CORP | COM | 89147L886 | 432,390 | 10,295 | SH | DFND | 10,295 | 0 | 0 | ||
| TWO HARBORS INVENTMENT CORPO | NOTE 6.250% 1/1 | 90187BAB7 | 3,949,880 | 4,000,000 | PRN | DFND | 1 | 4,000,000 | 0 | 0 | |
| TWO HARBORS INVENTMENT CORPO | NOTE 6.250% 1/1 | 90187BAB7 | 1,974,940 | 2,000,000 | PRN | DFND | 2,000,000 | 0 | 0 | ||
| TWO HBRS INVT CORP | COM | 90187B804 | 164,404 | 13,897 | SH | DFND | 13,897 | 0 | 0 | ||
| USA COMPRESSION PARTNERS LP | COMUNIT LTDPAR | 90290N109 | 565,440 | 24,000 | SH | DFND | 1 | 24,000 | 0 | 0 | |
| USA COMPRESSION PARTNERS LP | COMUNIT LTDPAR | 90290N109 | 262,694 | 11,150 | SH | DFND | 11,150 | 0 | 0 | ||
| UBER TECHNOLOGIES INC | COM | 90353T100 | 5,428,800 | 90,000 | SH | DFND | 1 | 90,000 | 0 | 0 | |
| VIATRIS INC | COM | 92556V106 | 622,500 | 50,000 | SH | DFND | 1 | 50,000 | 0 | 0 | |
| VIATRIS INC | COM | 92556V106 | 622,500 | 50,000 | SH | DFND | 50,000 | 0 | 0 | ||
| WARNER BROS DISCOVERY INC | COM SER A | 934423104 | 6,676,699 | 631,665 | SH | DFND | 1 | 631,665 | 0 | 0 | |
| WARNER BROS DISCOVERY INC | COM SER A | 934423104 | 317,100 | 30,000 | SH | DFND | 30,000 | 0 | 0 | ||
| WESTERN MIDSTREAM PARTNERS L | COM UNIT LP INT | 958669103 | 960,750 | 25,000 | SH | DFND | 1 | 25,000 | 0 | 0 | |
| XPERI INC | COMMON STOCK | 98423J101 | 832,597 | 81,071 | SH | DFND | 1 | 81,071 | 0 | 0 | |
