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
ABBVIE INC COM 00287Y109 3,185 54,400 SH   DFND 01,02 54,400 0 0
ACCENTURE PLC IRELAND SHS CLASS A G1151C101 2,492 26,600 SH   DFND 01,02 26,600 0 0
ALTRIA GROUP INC COM 02209S103 2,916 58,300 SH   DFND 01,02 58,300 0 0
AMERICAN ELEC PWR INC COM 025537101 2,355 41,864 SH   DFND 01,02 41,864 0 0
AMERICAN INTL GROUP INC COM NEW 026874784 1,375 25,100 SH   DFND 01,02 25,100 0 0
AMERICAN RAILCAR INDS INC COM 02916P103 40 800 SH   DFND 01,02 800 0 0
AMERIPRISE FINL INC COM 03076C106 1,332 10,180 SH   DFND 01,02 10,180 0 0
APPLE INC COM 037833100 5,127 41,200 SH   DFND 01,02 41,200 0 0
AT&T INC COM 00206R102 2,325 71,200 SH   DFND 01,02 71,200 0 0
BANK AMER CORP COM 060505104 1,257 81,700 SH   DFND 01,02 81,700 0 0
BOEING CO COM 097023105 2,092 13,940 SH   DFND 01,02 13,940 0 0
CARNIVAL CORP PAIRED CTF 143658300 1,397 29,200 SH   DFND 01,02 29,200 0 0
CHEVRON CORP NEW COM 166764100 1,963 18,700 SH   DFND 01,02 18,700 0 0
COLGATE PALMOLIVE CO COM 194162103 2,561 36,940 SH   DFND 01,02 36,940 0 0
CONOCOPHILLIPS COM 20825C104 1,581 25,400 SH   DFND 01,02 25,400 0 0
CSX CORP COM 126408103 113 3,400 SH   DFND 01,02 3,400 0 0
FIRSTENERGY CORP COM 337932107 1,332 38,000 SH   DFND 01,02 38,000 0 0
FREIGHTCAR AMER INC COM 357023100 6 200 SH   DFND 01,02 200 0 0
GATX CORP COM 361448103 35 600 SH   DFND 01,02 600 0 0
GENERAL DYNAMICS CORP COM 369550108 1,995 14,700 SH   DFND 01,02 14,700 0 0
GENERAL ELECTRIC CO COM 369604103 3,389 136,600 SH   DFND 01,02 136,600 0 0
GENESEE & WYO INC CL A 371559105 68 700 SH   DFND 01,02 700 0 0
GREENBRIER COS INC COM 393657101 226 3,900 SH   DFND 01,02 3,900 0 0
HOLLYSYS AUTOMATION TECHNOLO SHS G45667105 125 6,300 SH   DFND 01,02 6,300 0 0
HORMEL FOODS CORP COM 440452100 1,012 17,800 SH   DFND 01,02 17,800 0 0
JOHNSON & JOHNSON COM 478160104 2,304 22,900 SH   DFND 01,02 22,900 0 0
JPMORGAN CHASE & CO COM 46625H100 1,834 30,268 SH   DFND 01,02 30,268 0 0
LYONDELLBASELL INDUSTRIES N SHS - A - N53745100 1,282 14,600 SH   DFND 01,02 14,600 0 0
MDU RES GROUP INC COM 552690109 1,338 62,700 SH   DFND 01,02 62,700 0 0
MERCK & CO INC NEW COM 58933Y105 3,486 60,651 SH   DFND 01,02 60,651 0 0
MICROSOFT CORP COM 594918104 2,835 69,727 SH   DFND 01,02 69,727 0 0
NORFOLK SOUTHERN CORP COM 655844108 1,600 15,545 SH   DFND 01,02 15,545 0 0
OCCIDENTAL PETE CORP DEL COM 674599105 1,727 23,660 SH   DFND 01,02 23,660 0 0
PEPSICO INC COM 713448108 2,209 23,100 SH   DFND 01,02 23,100 0 0
TIME WARNER CABLE INC COM 88732J207 2,173 14,500 SH   DFND 01,02 14,500 0 0
TRINITY INDS INC COM 896522109 28 800 SH   DFND 01,02 800 0 0
UNION PAC CORP COM 907818108 249 2,300 SH   DFND 01,02 2,300 0 0
UNITED TECHNOLOGIES CORP COM 913017109 1,348 11,500 SH   DFND 01,02 11,500 0 0
WABTEC CORP COM 929740108 257 2,700 SH   DFND 01,02 2,700 0 0