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
AIR PRODS & CHEMS INC COM 009158106 810,053 7,601,140 SH   OTR 2 0 7,601,140 0
AIR PRODS & CHEMS INC COM 009158106 963,544 9,041,423 SH   SOLE   9,041,423 0 0
AIR PRODS & CHEMS INC COM 009158106 415,913 3,902,721 SH   OTR 1 0 3,902,721 0
BEAM INC COM 073730103 471,778 7,297,424 SH   OTR 1 0 7,297,424 0
BEAM INC COM 073730103 874,140 13,521,121 SH   SOLE   13,521,121 0 0
BURGER KING WORLDWIDE INC COM 121220107 262,516 13,448,570 SH   OTR 1 0 13,448,570 0
BURGER KING WORLDWIDE INC COM 121220107 486,508 24,923,550 SH   SOLE   24,923,550 0 0
CANADIAN PAC RY LTD COM 13645T100 1,853,993 15,036,442 SH   SOLE   15,036,442 0 0
CANADIAN PAC RY LTD COM 13645T100 997,343 8,088,750 SH   OTR 1 0 8,088,750 0
GENERAL GROWTH PPTYS INC NEW COM 370023103 447,499 23,198,511 SH   SOLE   23,198,511 0 0
GENERAL GROWTH PPTYS INC NEW COM 370023103 240,791 12,482,671 SH   OTR 1 0 12,482,671 0
HOWARD HUGHES CORP COM 44267D107 194,619 1,731,947 SH   OTR 1 0 1,731,947 0
HOWARD HUGHES CORP COM 44267D107 206,319 1,836,070 SH   SOLE   1,836,070 0 0
PROCTER & GAMBLE CO COM 742718109 1,227,597 16,240,200 SH Call SOLE   16,240,200 0 0
PROCTER & GAMBLE CO COM 742718109 55,152 729,625 SH   OTR 1 0 729,625 0
PROCTER & GAMBLE CO COM 742718109 105,393 1,394,268 SH   SOLE   1,394,268 0 0
PROCTER & GAMBLE CO COM 742718109 662,153 8,759,800 SH Call OTR 1 0 8,759,800 0