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 037411105 9,161 164,556 SH   SOLE   114,446 0 50,110
BUNGE LIMITED COM G16962105 30,644 518,072 SH   SOLE   355,912 0 162,160
CELLECTIS S A ADR 15117K103 7,173 269,776 SH   SOLE   187,696 0 82,080
GASLOG LTD COM G37585109 8,840 681,020 SH   SOLE   487,010 0 194,010
GOLAR LNG LTD ORD G9456A100 17,212 1,106,899 SH   SOLE   689,189 0 417,710
INTUIT COM 461202103 54,693 490,035 SH   SOLE   336,535 0 153,500
LENNAR CORP CL A 526057104 35,856 777,790 SH   SOLE   535,120 0 242,670
LENNAR CORP CL B 526057302 802 21,540 SH   SOLE   8,910 0 12,630
MONDELEZ INTL INC COM 609207105 57,438 1,257,405 SH   SOLE   860,065 0 397,340
MOSAIC CO COM 61945C103 16,689 637,474 SH   SOLE   435,624 0 201,850
NETSUITE INC COM 64118Q107 25,419 349,160 SH   SOLE   239,130 0 110,030
NEWS CORP NEW COM CL A 65249B109 35,284 3,108,680 SH   SOLE   2,545,790 0 562,890
NEWS CORP NEW COM CL B 65249B208 11,857 1,015,990 SH   SOLE   444,140 0 571,850
PEPSICO INC COM 713448108 50,075 472,677 SH   SOLE   328,117 0 144,560
ST JOE CO COM 790148100 32,734 1,847,318 SH   SOLE   1,206,818 0 640,500
UBIQUITI NETWORKS COM 90347A100 23,026 595,597 SH   SOLE   398,577 0 197,020
UNITED PARCEL SERVIC CL B 911312106 30,794 285,872 SH   SOLE   204,732 0 81,140
YUM BRANDS INC COM 988498101 40,219 485,031 SH   SOLE   336,011 0 149,020