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 45,088 805,000 SH   SOLE 805,000 0 0
BLACKSTONE GROUP L P COM UNIT LTD 09253U108 1,826 54,000 SH   SOLE 54,000 0 0
CARLYLE GROUP L P COM UTS LTD PTN 14309L102 52,511 1,909,494 SH   SOLE 1,909,494 0 0
CISCO SYS INC COM 17275R102 27,815 1,000,000 SH   SOLE 1,000,000 0 0
E M C CORP MASS COM 268648102 16,922 569,000 SH   SOLE 569,000 0 0
EXXON MOBIL CORP COM 30231G102 3,420 37,000 SH   SOLE 37,000 0 0
INTEL CORP COM 458140100 107,055 2,950,000 SH   SOLE 2,950,000 0 0
NOVARTIS A G SPONSORED ADR 66987V109 1,482 16,000 SH   SOLE 16,000 0 0
OAKTREE CAP GROUP LLC UNIT CL A 674001201 120,914 2,332,915 SH   SOLE 2,332,915 0 0
PHILIP MORRIS INTL INC COM 718172109 10,588 130,000 SH   SOLE 130,000 0 0
PROCTER & GAMBLE CO COM 742718109 1,093 12,000 SH   SOLE 12,000 0 0
ROCKWELL COLLINS INC COM 774341101 2,703 32,000 SH   SOLE 32,000 0 0
ROYAL DUTCH SHELL PLC SPONS ADR A 780259206 171,356 2,559,469 SH   SOLE 2,559,469 0 0
SOUTHWEST AIRLS CO COM 844741108 16,928 400,000 SH   SOLE 400,000 0 0
STAPLES INC COM 855030102 63,278 3,492,213 SH   SOLE 3,492,213 0 0
TARGET CORP COM 87612E106 3,046 40,133 SH   SOLE 40,133 0 0
TOYOTA MOTOR CORP SP ADR REP2COM 892331307 1,999 15,937 SH   SOLE 15,937 0 0