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

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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 CAPITAL AGENCY CORP COM 02503X105 10,127 525,000 SH   SOLE   525,000 0 0
AMERICAN INTL GROUP INC COM NEW 026874784 16,591 325,000 SH   SOLE   325,000 0 0
APPLE INC COM 037833100 10,519 18,750 SH   SOLE   18,750 0 0
ASSURED GUARANTY LTD COM G0585R106 15,334 650,000 SH   SOLE   650,000 0 0
CAPITAL ONE FINL CORP COM 14040H105 19,153 250,000 SH   SOLE   250,000 0 0
CITIGROUP INC COM NEW 172967424 14,330 275,000 SH   SOLE   275,000 0 0
GOLDMAN SACHS GROUP INC COM 38141G104 15,953 90,000 SH   SOLE   90,000 0 0
JPMORGAN CHASE & CO COM 46625H100 19,006 325,000 SH   SOLE   325,000 0 0
METLIFE INC COM 59156R108 11,593 215,000 SH   SOLE   215,000 0 0
MORGAN STANLEY COM NEW 617446448 8,624 275,000 SH   SOLE   275,000 0 0
NEWMONT MINING CORP COM 651639106 10,076 437,500 SH   SOLE   437,500 0 0
WELLS FARGO & CO NEW COM 949746101 6,810 150,000 SH   SOLE   150,000 0 0