The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
3M CO COM 88579Y101 429 2,600 SH   SOLE   2,600 0 0
ABBOTT LABS COM 002824100 491 10,600 SH   SOLE   10,600 0 0
ABBVIE INC COM 00287Y109 404 6,900 SH   SOLE   6,900 0 0
ACCENTURE PLC IRELAND SHS CLASS A G1151C101 290 3,100 SH   SOLE   3,100 0 0
ACE LTD SHS H0023R105 346 3,100 SH   SOLE   3,100 0 0
ACTAVIS PLC SHS G0083B108 2,690 9,037 SH   DFND 1 9,037 0 0
ADOBE SYS INC COM 00724F101 217 2,940 SH   SOLE   2,940 0 0
AES CORP COM 00130H105 109 8,500 SH   SOLE   8,500 0 0
AETNA INC NEW COM 00817Y108 362 3,400 SH   SOLE   3,400 0 0
AFLAC INC COM 001055102 122 1,900 SH   SOLE   1,900 0 0
AGILENT TECHNOLOGIES INC COM 00846U101 262 6,300 SH   SOLE   6,300 0 0
AIR PRODS & CHEMS INC COM 009158106 272 1,800 SH   SOLE   1,800 0 0
AKAMAI TECHNOLOGIES INC COM 00971T101 199 2,800 SH   SOLE   2,800 0 0
ALCOA INC COM 013817101 121 9,380 SH   SOLE   9,380 0 0
ALEXION PHARMACEUTICALS INC COM 015351109 87 500 SH   SOLE   500 0 0
ALLSTATE CORP COM 020002101 206 2,900 SH   SOLE   2,900 0 0
ALTRIA GROUP INC COM 02209S103 10,284 205,600 SH   SOLE   205,600 0 0
AMAZON COM INC COM 023135106 566 1,520 SH   SOLE   1,520 0 0
AMERICAN ELEC PWR INC COM 025537101 8,933 158,800 SH   SOLE   158,800 0 0
AMERICAN EXPRESS CO COM 025816109 312 4,000 SH   SOLE   4,000 0 0
AMERICAN INTL GROUP INC COM NEW 026874784 252 4,600 SH   SOLE   4,600 0 0
AMERICAN WTR WKS CO INC NEW COM 030420103 1,735 32,000 SH   DFND 1 32,000 0 0
AMERIPRISE FINL INC COM 03076C106 411 3,140 SH   SOLE   3,140 0 0
AMGEN INC COM 031162100 655 4,100 SH   SOLE   4,100 0 0
ANADARKO PETE CORP COM 032511107 205 2,480 SH   SOLE   2,480 0 0
ANALOG DEVICES INC COM 032654105 183 2,900 SH   SOLE   2,900 0 0
ANTHEM INC COM 036752103 525 3,400 SH   SOLE   3,400 0 0
APACHE CORP COM 037411105 121 2,000 SH   SOLE   2,000 0 0
APPLE INC COM 037833100 3,021 24,280 SH   SOLE   24,280 0 0
APPLIED MATLS INC COM 038222105 180 8,000 SH   SOLE   8,000 0 0
ARCHER DANIELS MIDLAND CO COM 039483102 332 7,000 SH   SOLE   7,000 0 0
AT&T INC COM 00206R102 8,569 262,460 SH   SOLE   262,460 0 0
AUTOMATIC DATA PROCESSING IN COM 053015103 265 3,100 SH   SOLE   3,100 0 0
AVAGO TECHNOLOGIES LTD SHS Y0486S104 4,317 34,000 SH   SOLE   34,000 0 0
AVON PRODS INC COM 054303102 36 4,500 SH   SOLE   4,500 0 0
BAKER HUGHES INC COM 057224107 182 2,861 SH   SOLE   2,861 0 0
BANK AMER CORP COM 060505104 573 37,200 SH   SOLE   37,200 0 0
BANK AMER CORP COM 060505104 1,231 80,000 SH   DFND 1 80,000 0 0
BANK NEW YORK MELLON CORP COM 064058100 236 5,870 SH   SOLE   5,870 0 0
BAXTER INTL INC COM 071813109 199 2,900 SH   SOLE   2,900 0 0
BB&T CORP COM 054937107 218 5,600 SH   SOLE   5,600 0 0
BECTON DICKINSON & CO COM 075887109 24 170 SH   SOLE   170 0 0
BED BATH & BEYOND INC COM 075896100 138 1,800 SH   SOLE   1,800 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 520 3,600 SH   SOLE   3,600 0 0
BEST BUY INC COM 086516101 89 2,350 SH   SOLE   2,350 0 0
BIOGEN INC COM 09062X103 422 1,000 SH   SOLE   1,000 0 0
BLACKROCK INC COM 09247X101 3,988 10,900 SH   DFND 1 10,900 0 0
BOEING CO COM 097023105 555 3,700 SH   SOLE   3,700 0 0
BOSTON SCIENTIFIC CORP COM 101137107 185 10,444 SH   SOLE   10,444 0 0
BRISTOL MYERS SQUIBB CO COM 110122108 6,585 102,090 SH   SOLE   102,090 0 0
BROADCOM CORP CL A 111320107 147 3,400 SH   SOLE   3,400 0 0
CA INC COM 12673P105 131 4,018 SH   SOLE   4,018 0 0
CADENCE DESIGN SYSTEM INC COM 127387108 168 9,100 SH   SOLE   9,100 0 0
CAMPBELL SOUP CO COM 134429109 70 1,500 SH   SOLE   1,500 0 0
CAPITAL ONE FINL CORP COM 14040H105 150 1,900 SH   SOLE   1,900 0 0
CARDINAL HEALTH INC COM 14149Y108 171 1,890 SH   SOLE   1,890 0 0
CARNIVAL CORP PAIRED CTF 143658300 225 4,700 SH   SOLE   4,700 0 0
CATERPILLAR INC DEL COM 149123101 208 2,600 SH   SOLE   2,600 0 0
CBS CORP NEW CL B 124857202 212 3,502 SH   SOLE   3,502 0 0
CELGENE CORP COM 151020104 438 3,800 SH   SOLE   3,800 0 0
CENTURYLINK INC COM 156700106 117 3,392 SH   SOLE   3,392 0 0
CHESAPEAKE ENERGY CORP COM 165167107 71 5,000 SH   SOLE   5,000 0 0
CHEVRON CORP NEW COM 166764100 676 6,436 SH   SOLE   6,436 0 0
CHUBB CORP COM 171232101 182 1,800 SH   SOLE   1,800 0 0
CIGNA CORPORATION COM 125509109 233 1,800 SH   SOLE   1,800 0 0
CISCO SYS INC COM 17275R102 497 18,040 SH   SOLE   18,040 0 0
CITIGROUP INC COM NEW 172967424 571 11,080 SH   SOLE   11,080 0 0
CITIGROUP INC COM NEW 172967424 1,577 30,600 SH   DFND 1 30,600 0 0
CME GROUP INC COM 12572Q105 185 1,950 SH   SOLE   1,950 0 0
COACH INC COM 189754104 79 1,900 SH   SOLE   1,900 0 0
COACH INC COM 189754104 2,154 52,000 SH   DFND 1 52,000 0 0
COCA COLA CO COM 191216100 576 14,200 SH   SOLE   14,200 0 0
COGNIZANT TECHNOLOGY SOLUTIO CL A 192446102 206 3,300 SH   SOLE   3,300 0 0
COGNIZANT TECHNOLOGY SOLUTIO CL A 192446102 4,367 70,000 SH   DFND 1 70,000 0 0
COLGATE PALMOLIVE CO COM 194162103 312 4,500 SH   SOLE   4,500 0 0
COLUMBIA PIPELINE PARTNERS L COM UT REPSTG 198281107 1,400 50,576 SH   DFND 1 50,576 0 0
COMCAST CORP NEW CL A 20030N101 550 9,740 SH   SOLE   9,740 0 0
COMCAST CORP NEW CL A SPL 20030N200 151 2,700 SH   SOLE   2,700 0 0
CONAGRA FOODS INC COM 205887102 79 2,160 SH   SOLE   2,160 0 0
CONOCOPHILLIPS COM 20825C104 7,247 116,400 SH   SOLE   116,400 0 0
CONSOL ENERGY INC COM 20854P109 47 1,700 SH   SOLE   1,700 0 0
CORNING INC COM 219350105 297 13,100 SH   SOLE   13,100 0 0
COSTCO WHSL CORP NEW COM 22160K105 303 2,000 SH   SOLE   2,000 0 0
CSX CORP COM 126408103 199 6,020 SH   SOLE   6,020 0 0
CVS HEALTH CORP COM 126650100 700 6,782 SH   SOLE   6,782 0 0
CVS HEALTH CORP COM 126650100 4,077 39,500 SH   DFND 1 39,500 0 0
D R HORTON INC COM 23331A109 117 4,100 SH   SOLE   4,100 0 0
DANAHER CORP DEL COM 235851102 297 3,500 SH   SOLE   3,500 0 0
DBX ETF TR DX TRACKR GERMN 233051408 4,162 145,000 SH   SOLE   145,000 0 0
DBX ETF TR DB XTR MSCI EUR 233051853 12,685 435,000 SH   SOLE   435,000 0 0
DBX ETF TR DBXTR HAR CS 300 233051879 9,785 235,000 SH   SOLE   235,000 0 0
DEERE & CO COM 244199105 149 1,700 SH   SOLE   1,700 0 0
DELTA AIR LINES INC DEL COM NEW 247361702 144 3,200 SH   SOLE   3,200 0 0
DEVON ENERGY CORP NEW COM 25179M103 145 2,400 SH   SOLE   2,400 0 0
DIRECTV COM 25490A309 208 2,441 SH   SOLE   2,441 0 0
DISCOVER FINL SVCS COM 254709108 186 3,300 SH   SOLE   3,300 0 0
DISCOVERY COMMUNICATNS NEW COM SER A 25470F104 45 1,460 SH   SOLE   1,460 0 0
DISCOVERY COMMUNICATNS NEW COM SER C 25470F302 64 2,160 SH   SOLE   2,160 0 0
DISNEY WALT CO COM DISNEY 254687106 954 9,100 SH   SOLE   9,100 0 0
DOMINION RES INC VA NEW COM 25746U109 260 3,670 SH   SOLE   3,670 0 0
DOVER CORP COM 260003108 55 800 SH   SOLE   800 0 0
DOW CHEM CO COM 260543103 284 5,920 SH   SOLE   5,920 0 0
DR PEPPER SNAPPLE GROUP INC COM 26138E109 101 1,292 SH   SOLE   1,292 0 0
DU PONT E I DE NEMOURS & CO COM 263534109 300 4,200 SH   SOLE   4,200 0 0
DUKE ENERGY CORP NEW COM NEW 26441C204 395 5,150 SH   SOLE   5,150 0 0
E M C CORP MASS COM 268648102 207 8,100 SH   SOLE   8,100 0 0
EBAY INC COM 278642103 294 5,100 SH   SOLE   5,100 0 0
ELECTRONIC ARTS INC COM 285512109 171 2,900 SH   SOLE   2,900 0 0
EMERSON ELEC CO COM 291011104 204 3,600 SH   SOLE   3,600 0 0
ENTERGY CORP NEW COM 29364G103 70 900 SH   SOLE   900 0 0
EOG RES INC COM 26875P101 229 2,500 SH   SOLE   2,500 0 0
EQUINIX INC COM PAR $0.001 29444U700 167 716 SH   SOLE   716 0 0
EXELON CORP COM 30161N101 74 2,200 SH   SOLE   2,200 0 0
EXPEDIA INC DEL COM NEW 30212P303 160 1,700 SH   SOLE   1,700 0 0
EXPRESS SCRIPTS HLDG CO COM 30219G108 315 3,631 SH   SOLE   3,631 0 0
EXXON MOBIL CORP COM 30231G102 1,252 14,726 SH   SOLE   14,726 0 0
FACEBOOK INC CL A 30303M102 621 7,550 SH   SOLE   7,550 0 0
FEDEX CORP COM 31428X106 430 2,600 SH   SOLE   2,600 0 0
FIDELITY NATL INFORMATION SV COM 31620M106 327 4,800 SH   SOLE   4,800 0 0
FIFTH THIRD BANCORP COM 316773100 72 3,800 SH   SOLE   3,800 0 0
FIRSTENERGY CORP COM 337932107 53 1,500 SH   SOLE   1,500 0 0
FLEXTRONICS INTL LTD ORD Y2573F102 80 6,300 SH   SOLE   6,300 0 0
FLUOR CORP NEW COM 343412102 126 2,200 SH   SOLE   2,200 0 0
FORD MTR CO DEL COM PAR $0.01 345370860 289 17,900 SH   SOLE   17,900 0 0
FRANKLIN RES INC COM 354613101 98 1,900 SH   SOLE   1,900 0 0
FREEPORT-MCMORAN INC CL B 35671D857 58 3,038 SH   SOLE   3,038 0 0
FRONTIER COMMUNICATIONS CORP COM 35906A108 108 15,364 SH   SOLE   15,364 0 0
GAP INC DEL COM 364760108 108 2,500 SH   SOLE   2,500 0 0
GENERAL DYNAMICS CORP COM 369550108 190 1,400 SH   SOLE   1,400 0 0
GENERAL ELECTRIC CO COM 369604103 1,047 42,200 SH   SOLE   42,200 0 0
GENERAL MLS INC COM 370334104 238 4,200 SH   SOLE   4,200 0 0
GILEAD SCIENCES INC COM 375558103 726 7,400 SH   SOLE   7,400 0 0
GILEAD SCIENCES INC COM 375558103 2,650 27,000 SH   DFND 1 27,000 0 0
GOLDMAN SACHS GROUP INC COM 38141G104 301 1,600 SH   SOLE   1,600 0 0
GOOGLE INC CL A 38259P508 874 1,576 SH   SOLE   1,576 0 0
GOOGLE INC CL C 38259P706 598 1,091 SH   SOLE   1,091 0 0
GRAINGER W W INC COM 384802104 94 400 SH   SOLE   400 0 0
HALLIBURTON CO COM 406216101 180 4,100 SH   SOLE   4,100 0 0
HARLEY DAVIDSON INC COM 412822108 182 3,000 SH   SOLE   3,000 0 0
HCA HOLDINGS INC COM 40412C101 226 3,000 SH   SOLE   3,000 0 0
HESS CORP COM 42809H107 129 1,900 SH   SOLE   1,900 0 0
HEWLETT PACKARD CO COM 428236103 243 7,800 SH   SOLE   7,800 0 0
HOME DEPOT INC COM 437076102 886 7,800 SH   SOLE   7,800 0 0
HONEYWELL INTL INC COM 438516106 339 3,250 SH   SOLE   3,250 0 0
HOSPIRA INC COM 441060100 184 2,090 SH   SOLE   2,090 0 0
ILLINOIS TOOL WKS INC COM 452308109 262 2,700 SH   SOLE   2,700 0 0
ILLUMINA INC COM 452327109 74 400 SH   SOLE   400 0 0
INTEL CORP COM 458140100 535 17,120 SH   SOLE   17,120 0 0
INTERNATIONAL BUSINESS MACHS COM 459200101 480 2,990 SH   SOLE   2,990 0 0
INTL PAPER CO COM 460146103 155 2,800 SH   SOLE   2,800 0 0
INTUIT COM 461202103 223 2,300 SH   SOLE   2,300 0 0
INTUITIVE SURGICAL INC COM NEW 46120E602 123 243 SH   SOLE   243 0 0
INVESCO LTD SHS G491BT108 187 4,700 SH   SOLE   4,700 0 0
ISHARES MSCI AUST ETF 464286103 20,963 917,000 SH   SOLE   917,000 0 0
ISHARES MSCI TAIWAN ETF 464286731 12,254 778,500 SH   SOLE   778,500 0 0
ISHARES MSCI MALAYSI ETF 464286830 12,307 926,000 SH   SOLE   926,000 0 0
ISHARES INTL SEL DIV ETF 464288448 16,820 500,000 SH   SOLE   500,000 0 0
ISHARES U.S. PFD STK ETF 464288687 45,525 1,135,000 SH   SOLE   1,135,000 0 0
ISHARES TR MSCI PHILIPS ETF 46429B408 11,856 285,000 SH   SOLE   285,000 0 0
ISHARES INC MSCI RUSSIA CAP 46434G806 4,036 310,000 SH   SOLE   310,000 0 0
ISHARES TR CHINA LG-CAP ETF 464287184 7,334 165,000 SH   SOLE   165,000 0 0
ISHARES TR GLOBAL ENERG ETF 464287341 11,842 332,000 SH   SOLE   332,000 0 0
ISHARES TR U.S. FINLS ETF 464287788 1,514 17,000 SH   DFND 1 17,000 0 0
ISHARES TR US HLTHCARE ETF 464287762 3,704 24,000 SH   DFND 1 24,000 0 0
ISHARES TR U.S. TECH ETF 464287721 8,533 81,300 SH   DFND 1 81,300 0 0
ISHARES TR U.S. REAL ES ETF 464287739 24,669 311,000 SH   SOLE   311,000 0 0
JETBLUE AIRWAYS CORP COM 477143101 770 40,000 SH   DFND 1 40,000 0 0
JOHNSON & JOHNSON COM 478160104 1,182 11,750 SH   SOLE   11,750 0 0
JOHNSON CTLS INC COM 478366107 252 5,000 SH   SOLE   5,000 0 0
JPMORGAN CHASE & CO COM 46625H100 2,839 46,871 SH   SOLE   46,871 0 0
JUNIPER NETWORKS INC COM 48203R104 108 4,800 SH   SOLE   4,800 0 0
KEURIG GREEN MTN INC COM 49271M100 34 300 SH   SOLE   300 0 0
KEYCORP NEW COM 493267108 129 9,100 SH   SOLE   9,100 0 0
KIMBERLY CLARK CORP COM 494368103 5,784 54,000 SH   SOLE   54,000 0 0
KLA-TENCOR CORP COM 482480100 134 2,300 SH   SOLE   2,300 0 0
KOHLS CORP COM 500255104 147 1,880 SH   SOLE   1,880 0 0
KRAFT FOODS GROUP INC COM 50076Q106 11,577 132,893 SH   SOLE   132,893 0 0
LAM RESEARCH CORP COM 512807108 140 2,000 SH   SOLE   2,000 0 0
LIBERTY GLOBAL PLC SHS CL A G5480U104 103 2,005 SH   SOLE   2,005 0 0
LIBERTY GLOBAL PLC SHS CL C G5480U120 170 3,405 SH   SOLE   3,405 0 0
LILLY ELI & CO COM 532457108 315 4,340 SH   SOLE   4,340 0 0
LINEAR TECHNOLOGY CORP COM 535678106 98 2,100 SH   SOLE   2,100 0 0
LINKEDIN CORP COM CL A 53578A108 115 460 SH   SOLE   460 0 0
LIONS GATE ENTMNT CORP COM NEW 535919203 153 4,500 SH   SOLE   4,500 0 0
LOCKHEED MARTIN CORP COM 539830109 501 2,470 SH   SOLE   2,470 0 0
LOWES COS INC COM 548661107 372 5,000 SH   SOLE   5,000 0 0
MACYS INC COM 55616P104 123 1,900 SH   SOLE   1,900 0 0
MARATHON OIL CORP COM 565849106 120 4,600 SH   SOLE   4,600 0 0
MARATHON PETE CORP COM 56585A102 353 3,450 SH   SOLE   3,450 0 0
MARKET VECTORS ETF TR GOLD MINER ETF 57060U100 912 50,000 SH   DFND 1 50,000 0 0
MARKET VECTORS ETF TR RETAIL ETF 57060U225 1,240 16,000 SH   DFND 1 16,000 0 0
MARSH & MCLENNAN COS INC COM 571748102 277 4,940 SH   SOLE   4,940 0 0
MARVELL TECHNOLOGY GROUP LTD ORD G5876H105 65 4,400 SH   SOLE   4,400 0 0
MASCO CORP COM 574599106 144 5,400 SH   SOLE   5,400 0 0
MASTERCARD INC CL A 57636Q104 371 4,300 SH   SOLE   4,300 0 0
MCDONALDS CORP COM 580135101 5,525 56,700 SH   SOLE   56,700 0 0
MCGRAW HILL FINL INC COM 580645109 196 1,900 SH   SOLE   1,900 0 0
MCKESSON CORP COM 58155Q103 127 560 SH   SOLE   560 0 0
MEDIVATION INC COM 58501N101 232 1,800 SH   SOLE   1,800 0 0
MEDTRONIC PLC SHS G5960L103 675 8,649 SH   SOLE   8,649 0 0
MERCK & CO INC NEW COM 58933Y105 7,429 129,243 SH   SOLE   129,243 0 0
METLIFE INC COM 59156R108 179 3,550 SH   SOLE   3,550 0 0
MICRON TECHNOLOGY INC COM 595112103 24 900 SH   SOLE   900 0 0
MICROSOFT CORP COM 594918104 1,255 30,870 SH   SOLE   30,870 0 0
MICROSOFT CORP COM 594918104 3,171 78,000 SH   DFND 1 78,000 0 0
MOBILEYE N V AMSTELVEEN ORD SHS N51488117 97 2,300 SH   SOLE   2,300 0 0
MONDELEZ INTL INC CL A 609207105 288 7,981 SH   SOLE   7,981 0 0
MONSANTO CO NEW COM 61166W101 270 2,400 SH   SOLE   2,400 0 0
MORGAN STANLEY COM NEW 617446448 261 7,300 SH   SOLE   7,300 0 0
MOSAIC CO NEW COM 61945C103 46 1,000 SH   SOLE   1,000 0 0
MOTOROLA SOLUTIONS INC COM NEW 620076307 162 2,428 SH   SOLE   2,428 0 0
NABORS INDUSTRIES LTD SHS G6359F103 23 1,700 SH   SOLE   1,700 0 0
NATIONAL OILWELL VARCO INC COM 637071101 120 2,400 SH   SOLE   2,400 0 0
NAVIENT CORP COM 63938C108 120 5,900 SH   SOLE   5,900 0 0
NETAPP INC COM 64110D104 99 2,800 SH   SOLE   2,800 0 0
NETFLIX INC COM 64110L106 104 250 SH   SOLE   250 0 0
NEWELL RUBBERMAID INC COM 651229106 215 5,500 SH   SOLE   5,500 0 0
NEWMONT MINING CORP COM 651639106 141 6,500 SH   SOLE   6,500 0 0
NEXSTAR BROADCASTING GROUP I CL A 65336K103 132 2,300 SH   SOLE   2,300 0 0
NEXTERA ENERGY INC COM 65339F101 281 2,700 SH   SOLE   2,700 0 0
NIKE INC CL B 654106103 351 3,500 SH   SOLE   3,500 0 0
NOBLE CORP PLC SHS USD G65431101 16 1,100 SH   SOLE   1,100 0 0
NOBLE ENERGY INC COM 655044105 117 2,400 SH   SOLE   2,400 0 0
NORFOLK SOUTHERN CORP COM 655844108 196 1,900 SH   SOLE   1,900 0 0
NORTHERN TR CORP COM 665859104 77 1,100 SH   SOLE   1,100 0 0
NORTHROP GRUMMAN CORP COM 666807102 274 1,700 SH   SOLE   1,700 0 0
NUCOR CORP COM 670346105 133 2,800 SH   SOLE   2,800 0 0
NVIDIA CORP COM 67066G104 69 3,300 SH   SOLE   3,300 0 0
O REILLY AUTOMOTIVE INC NEW COM 67103H107 294 1,360 SH   SOLE   1,360 0 0
OCCIDENTAL PETE CORP DEL COM 674599105 204 2,800 SH   SOLE   2,800 0 0
OMNICOM GROUP INC COM 681919106 203 2,600 SH   SOLE   2,600 0 0
ORACLE CORP COM 68389X105 725 16,800 SH   SOLE   16,800 0 0
PACCAR INC COM 693718108 202 3,200 SH   SOLE   3,200 0 0
PALO ALTO NETWORKS INC COM 697435105 3,360 23,000 SH   DFND 1 23,000 0 0
PAYCHEX INC COM 704326107 243 4,900 SH   SOLE   4,900 0 0
PENTAIR PLC SHS G7S00T104 128 2,031 SH   SOLE   2,031 0 0
PEPCO HOLDINGS INC COM 713291102 129 4,800 SH   SOLE   4,800 0 0
PEPSICO INC COM 713448108 4,733 49,500 SH   SOLE   49,500 0 0
PERRIGO CO PLC SHS G97822103 147 885 SH   SOLE   885 0 0
PFIZER INC COM 717081103 9,496 272,954 SH   SOLE   272,954 0 0
PG&E CORP COM 69331C108 170 3,200 SH   SOLE   3,200 0 0
PHILIP MORRIS INTL INC COM 718172109 6,433 85,400 SH   SOLE   85,400 0 0
PHILLIPS 66 COM 718546104 216 2,750 SH   SOLE   2,750 0 0
PNC FINL SVCS GROUP INC COM 693475105 195 2,090 SH   SOLE   2,090 0 0
POWERSHARES QQQ TRUST UNIT SER 1 73935A104 12,989 123,000 SH   SOLE   123,000 0 0
PPL CORP COM 69351T106 7,540 224,000 SH   SOLE   224,000 0 0
PRAXAIR INC COM 74005P104 229 1,900 SH   SOLE   1,900 0 0
PRECISION CASTPARTS CORP COM 740189105 63 300 SH   SOLE   300 0 0
PRICE T ROWE GROUP INC COM 74144T108 227 2,800 SH   SOLE   2,800 0 0
PRICELINE GRP INC COM NEW 741503403 291 250 SH   SOLE   250 0 0
PROCTER & GAMBLE CO COM 742718109 922 11,248 SH   SOLE   11,248 0 0
PROGRESSIVE CORP OHIO COM 743315103 207 7,600 SH   SOLE   7,600 0 0
PRUDENTIAL FINL INC COM 744320102 161 2,000 SH   SOLE   2,000 0 0
PUBLIC SVC ENTERPRISE GROUP COM 744573106 71 1,700 SH   SOLE   1,700 0 0
QUALCOMM INC COM 747525103 566 8,160 SH   SOLE   8,160 0 0
RAYTHEON CO COM NEW 755111507 120 1,100 SH   SOLE   1,100 0 0
REGENERON PHARMACEUTICALS COM 75886F107 226 500 SH   SOLE   500 0 0
REYNOLDS AMERICAN INC COM 761713106 9,510 138,000 SH   SOLE   138,000 0 0
ROCKWELL AUTOMATION INC COM 773903109 151 1,300 SH   SOLE   1,300 0 0
SCHLUMBERGER LTD COM 806857108 452 5,422 SH   SOLE   5,422 0 0
SCHWAB CHARLES CORP NEW COM 808513105 242 7,950 SH   SOLE   7,950 0 0
SELECT SECTOR SPDR TR SBI INT-UTILS 81369Y886 17,772 400,000 SH   SOLE   400,000 0 0
SINCLAIR BROADCAST GROUP INC CL A 829226109 135 4,300 SH   SOLE   4,300 0 0
SOLARCITY CORP COM 83416T100 118 2,300 SH   SOLE   2,300 0 0
SOUTHERN CO COM 842587107 4,804 108,500 SH   SOLE   108,500 0 0
SOUTHWESTERN ENERGY CO COM 845467109 70 3,000 SH   SOLE   3,000 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 12,799 62,000 SH   SOLE   62,000 0 0
SPDR SERIES TRUST S&P RETAIL ETF 78464A714 10,599 104,900 SH   DFND 1 104,900 0 0
SPECTRA ENERGY CORP COM 847560109 168 4,650 SH   SOLE   4,650 0 0
ST JUDE MED INC COM 790849103 111 1,700 SH   SOLE   1,700 0 0
STANLEY BLACK & DECKER INC COM 854502101 153 1,600 SH   SOLE   1,600 0 0
STAPLES INC COM 855030102 94 5,750 SH   SOLE   5,750 0 0
STARBUCKS CORP COM 855244109 549 5,800 SH   SOLE   5,800 0 0
STARWOOD HOTELS&RESORTS WRLD COM 85590A401 354 4,235 SH   SOLE   4,235 0 0
STATE STR CORP COM 857477103 213 2,900 SH   SOLE   2,900 0 0
SUNTRUST BKS INC COM 867914103 2,712 66,000 SH   DFND 1 66,000 0 0
SYMANTEC CORP COM 871503108 110 4,700 SH   SOLE   4,700 0 0
SYSCO CORP COM 871829107 155 4,100 SH   SOLE   4,100 0 0
TARGET CORP COM 87612E106 254 3,100 SH   SOLE   3,100 0 0
TE CONNECTIVITY LTD REG SHS H84989104 455 6,350 SH   SOLE   6,350 0 0
TENET HEALTHCARE CORP COM NEW 88033G407 1,089 22,000 SH   DFND 1 22,000 0 0
TESLA MTRS INC COM 88160R101 38 200 SH   SOLE   200 0 0
TEXAS INSTRS INC COM 882508104 301 5,260 SH   SOLE   5,260 0 0
THE ADT CORPORATION COM 00101J106 94 2,275 SH   SOLE   2,275 0 0
THERMO FISHER SCIENTIFIC INC COM 883556102 309 2,300 SH   SOLE   2,300 0 0
TIME WARNER CABLE INC COM 88732J207 218 1,452 SH   SOLE   1,452 0 0
TIME WARNER INC COM NEW 887317303 309 3,660 SH   SOLE   3,660 0 0
TJX COS INC NEW COM 872540109 245 3,500 SH   SOLE   3,500 0 0
TRAVELERS COMPANIES INC COM 89417E109 195 1,800 SH   SOLE   1,800 0 0
TWENTY FIRST CENTY FOX INC CL B 90130A200 268 8,150 SH   SOLE   8,150 0 0
TWITTER INC COM 90184L102 25 500 SH   SOLE   500 0 0
TYCO INTL PLC SHS G91442106 217 5,050 SH   SOLE   5,050 0 0
UNION PAC CORP COM 907818108 433 4,000 SH   SOLE   4,000 0 0
UNITED PARCEL SERVICE INC CL B 911312106 271 2,800 SH   SOLE   2,800 0 0
UNITED TECHNOLOGIES CORP COM 913017109 352 3,000 SH   SOLE   3,000 0 0
UNITEDHEALTH GROUP INC COM 91324P102 473 4,000 SH   SOLE   4,000 0 0
US BANCORP DEL COM NEW 902973304 550 12,600 SH   SOLE   12,600 0 0
VALERO ENERGY CORP NEW COM 91913Y100 184 2,900 SH   SOLE   2,900 0 0
VANGUARD INDEX FDS REIT ETF 922908553 23,540 280,000 SH   SOLE   280,000 0 0
VANGUARD INDEX FDS REIT ETF 922908553 4,131 49,000 SH   DFND 1 49,000 0 0
VANGUARD WORLD FDS CONSUM DIS ETF 92204A108 9,700 79,200 SH   DFND 1 79,200 0 0
VANGUARD WORLD FDS CONSUM STP ETF 92204A207 11,759 92,600 SH   DFND 1 92,600 0 0
VANGUARD WORLD FDS ENERGY ETF 92204A306 6,535 59,800 SH   DFND 1 59,800 0 0
VANGUARD WORLD FDS FINANCIALS ETF 92204A405 9,831 199,500 SH   DFND 1 199,500 0 0
VANGUARD WORLD FDS HEALTH CAR ETF 92204A504 8,091 59,700 SH   DFND 1 59,700 0 0
VANGUARD WORLD FDS INDUSTRIAL ETF 92204A603 9,017 84,000 SH   DFND 1 84,000 0 0
VANGUARD WORLD FDS INF TECH ETF 92204A702 3,835 36,000 SH   DFND 1 36,000 0 0
VANGUARD WORLD FDS MATERIALS ETF 92204A801 3,995 36,800 SH   DFND 1 36,800 0 0
VANGUARD WORLD FDS UTILITIES ETF 92204A876 9,581 98,900 SH   DFND 1 98,900 0 0
VERISK ANALYTICS INC CL A 92345Y106 3,784 53,000 SH   DFND 1 53,000 0 0
VERIZON COMMUNICATIONS INC COM 92343V104 7,544 155,130 SH   SOLE   155,130 0 0
VERIZON COMMUNICATIONS INC COM 92343V104 1,632 33,550 SH   DFND 1 33,550 0 0
VERTEX PHARMACEUTICALS INC COM 92532F100 71 600 SH   SOLE   600 0 0
VIACOM INC NEW CL B 92553P201 157 2,302 SH   SOLE   2,302 0 0
VISA INC COM CL A 92826C839 767 11,720 SH   SOLE   11,720 0 0
VMWARE INC CL A COM 928563402 1,558 19,000 SH   SOLE   19,000 0 0
WALGREENS BOOTS ALLIANCE INC COM 931427108 313 3,700 SH   SOLE   3,700 0 0
WAL-MART STORES INC COM 931142103 342 4,160 SH   SOLE   4,160 0 0
WASTE MGMT INC DEL COM 94106L109 255 4,700 SH   SOLE   4,700 0 0
WEATHERFORD INTL PLC ORD SHS G48833100 84 6,800 SH   SOLE   6,800 0 0
WELLS FARGO & CO NEW COM 949746101 1,273 23,400 SH   SOLE   23,400 0 0
WESTERN UN CO COM 959802109 145 6,967 SH   SOLE   6,967 0 0
WHIRLPOOL CORP COM 963320106 182 900 SH   SOLE   900 0 0
WILLIAMS COS INC DEL COM 969457100 202 4,000 SH   SOLE   4,000 0 0
WISCONSIN ENERGY CORP COM 976657106 248 5,000 SH   SOLE   5,000 0 0
XEROX CORP COM 984121103 80 6,200 SH   SOLE   6,200 0 0
XILINX INC COM 983919101 110 2,600 SH   SOLE   2,600 0 0
XYLEM INC COM 98419M100 53 1,500 SH   SOLE   1,500 0 0
YAHOO INC COM 984332106 236 5,300 SH   SOLE   5,300 0 0
YUM BRANDS INC COM 988498101 205 2,600 SH   SOLE   2,600 0 0
ZIMMER HLDGS INC COM 98956P102 223 1,900 SH   SOLE   1,900 0 0