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
AMERICAN INTL GROUP INC COM NEW 026874784 51,260 1,025,000 SH   SOLE 1,025,000 0 0
BLACKSTONE GROUP L P COM UNIT LTD 09253U108 1,795 54,000 SH   SOLE 54,000 0 0
CARLYLE GROUP L P COM UTS LTD PTN 14309L102 66,660 1,896,994 SH   SOLE 1,896,994 0 0
CISCO SYS INC COM 17275R102 50,433 2,250,000 SH   SOLE 2,250,000 0 0
CIT GROUP INC COM NEW 125581801 3,676 75,000 SH   SOLE 75,000 0 0
E M C CORP MASS COM 268648102 16,802 613,000 SH   SOLE 613,000 0 0
EXXON MOBIL CORP COM 30231G102 4,102 42,000 SH   SOLE 42,000 0 0
INTEL CORP COM 458140100 87,767 3,400,000 SH   SOLE 3,400,000 0 0
MERCK & CO INC NEW COM 58933Y105 965 17,000 SH   SOLE 17,000 0 0
NOVARTIS A G SPONSORED ADR 66987V109 1,360 16,000 SH   SOLE 16,000 0 0
OAKTREE CAP GROUP LLC UNIT CL A 674001201 135,682 2,332,915 SH   SOLE 2,332,915 0 0
ORACLE CORP COM 68389X105 2,536 62,000 SH   SOLE 62,000 0 0
PHILIP MORRIS INTL INC COM 718172109 10,643 130,000 SH   SOLE 130,000 0 0
ROCKWELL COLLINS INC COM 774341101 2,549 32,000 SH   SOLE 32,000 0 0
ROYAL DUTCH SHELL PLC SPONS ADR A 780259206 176,439 2,415,000 SH   SOLE 2,415,000 0 0
SOUTHWEST AIRLS CO COM 844741108 38,746 1,641,093 SH   SOLE 1,641,093 0 0
STAPLES INC COM 855030102 74,188 6,542,213 SH   SOLE 6,542,213 0 0
TARGET CORP COM 87612E106 3,336 55,133 SH   SOLE 55,133 0 0