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
APACHE CORP COM 37411105 9,189 206,641 SH   SOLE   156,531 0 50,110
BUNGE LIMITED COM G16962105 27,150 397,629 SH   SOLE   298,809 0 98,820
FRESH MARKET(THE) COM 35804H106 38,480 1,643,022 SH   SOLE   1,234,632 0 408,390
GOLAR LNG LTD ORD G9456A100 23,056 1,419,697 SH   SOLE   1,001,987 0 417,710
INTUIT COM 461202103 60,114 622,948 SH   SOLE   469,448 0 153,500
LENNAR CORP CL A 526057104 35,341 722,577 SH   SOLE   550,427 0 172,150
LENNAR CORP CL B 526057302 1,284 31,961 SH   SOLE   19,331 0 12,630
MONDELEZ INTL INC COM 609207105 72,544 1,611,720 SH   SOLE   1,214,380 0 397,340
MOSAIC CO COM 61945C103 22,668 821,589 SH   SOLE   619,739 0 201,850
NETSUITE INC COM 64118Q107 38,178 451,168 SH   SOLE   341,138 0 110,030
NEWS CORP NEW COM CL A 65249B109 37,669 2,819,500 SH   SOLE   2,322,230 0 497,270
NEWS CORP NEW COM CL B 65249B208 22,976 1,645,830 SH   SOLE   1,136,690 0 509,140
PEPSICO INC COM 713448108 59,778 594,083 SH   SOLE   449,523 0 144,560
ST JOE CO COM 790148100 45,677 2,467,708 SH   SOLE   1,827,208 0 640,500
UBIQUITI NETWORKS COM 90347A100 25,664 809,833 SH   SOLE   612,813 0 197,020
UNITED PARCEL SERVIC CL B 911312106 32,570 338,456 SH   SOLE   257,316 0 81,140
YUM BRANDS INC COM 988498101 45,909 628,462 SH   SOLE   479,442 0 149,020