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
AERCAP HOLDINGS NV SHS N00985106 21,580 500,000 SH   DFND 1 500,000 0 0
AIRGAS INC COM 009363102 93,366 675,000 SH   DFND 1 675,000 0 0
ALLERGAN PLC SHS G0177J108 51,563 165,000 SH   DFND 1 165,000 0 0
AMERCO COM 023586100 42,845 110,000 SH   DFND 1 110,000 0 0
AMERICAN INTL GROUP INC COM NEW 026874784 94,814 1,530,000 SH   DFND 1 1,530,000 0 0
AMERICAN INTL GROUP INC *W EXP 01/19/202 026874156 82,687 1,334,300 SH   DFND 1 1,334,300 0 0
BANK AMER CORP COM 060505104 100,980 6,000,000 SH   DFND 1 6,000,000 0 0
BHP BILLITON PLC SPONSORED ADR 05545E209 28,426 1,255,000 SH   DFND 1 1,255,000 0 0
BIOMED REALTY TRUST INC COM 09063H107 47,489 2,004,600 SH   DFND 1 2,004,600 0 0
BROADCOM CORP CL A 111320107 135,877 2,350,000 SH   DFND 1 2,350,000 0 0
BROOKFIELD INFRAST PARTNERS LP INT UNIT G16252101 13,442 354,575 SH   DFND 1 354,575 0 0
CAMERON INTERNATIONAL CORP COM 13342B105 75,840 1,200,000 SH   DFND 1 1,200,000 0 0
CARNIVAL CORP PAIRED CTF 143658300 29,419 540,000 SH   DFND 1 540,000 0 0
CHUBB CORP COM 171232101 110,754 835,000 SH   DFND 1 835,000 0 0
CITIGROUP INC COM NEW 172967424 95,738 1,850,000 SH   DFND 1 1,850,000 0 0
CITIZENS FINL GROUP INC COM 174610105 44,523 1,700,000 SH   DFND 1 1,700,000 0 0
COCA COLA CO COM 191216100 64,440 1,500,000 SH   DFND 1 1,500,000 0 0
COLGATE PALMOLIVE CO COM 194162103 39,985 600,200 SH   DFND 1 600,200 0 0
DYAX CORP COM 26746E103 30,096 800,000 SH   DFND 1 800,000 0 0
EDGEWELL PERS CARE CO COM 28035Q102 14,890 190,000 SH   DFND 1 190,000 0 0
HEALTH NET INC COM 42222G108 53,302 778,584 SH   DFND 1 778,584 0 0
INTERNATIONAL GAME TECHNOLOG SHS USD G4863A108 23,866 1,475,000 SH   DFND 1 1,475,000 0 0
JARDEN CORP COM 471109108 99,960 1,750,000 SH   DFND 1 1,750,000 0 0
KCG HLDGS INC CL A 48244B100 12,310 1,000,000 SH   DFND 1 1,000,000 0 0
KEURIG GREEN MTN INC COM 49271M100 30,143 335,000 SH   DFND 1 335,000 0 0
OFFICE DEPOT INC COM 676220106 13,536 2,400,000 SH   DFND 1 2,400,000 0 0
PARTNERRE LTD COM G6852T105 23,097 165,282 SH   DFND 1 165,282 0 0
PENN NATL GAMING INC COM 707569109 1,602 100,000 SH   DFND 1 100,000 0 0
PEPCO HOLDINGS INC COM 713291102 65,922 2,534,500 SH   DFND 1 2,534,500 0 0
PINNACLE ENTMT INC COM 723456109 14,087 452,680 SH   DFND 1 452,680 0 0
PRECISION CASTPARTS CORP COM 740189105 182,128 785,000 SH   DFND 1 785,000 0 0
SIRONA DENTAL SYSTEMS INC COM 82966C103 53,521 488,467 SH   DFND 1 488,467 0 0
SOLARWINDS INC COM 83416B109 26,586 451,383 SH   DFND 1 451,383 0 0
SOLERA HOLDINGS INC COM 83421A104 30,091 548,800 SH   DFND 1 548,800 0 0
STARWOOD HOTELS&RESORTS WRLD COM 85590A401 69,280 1,000,000 SH   DFND 1 1,000,000 0 0
WILLIS GROUP HOLDINGS PUBLIC SHS G96666105 25,499 525,000 SH   DFND 1 525,000 0 0