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
Ac Immune Sa SHS H00263105 30,575 2,388,700 SH   DFND   2,388,700 0 0
Alphabet Inc CAP STK CL A 02079K305 271,092 257,350 SH   DFND   257,350 0 0
Amazon Com Inc COM 023135106 196,474 168,003 SH   DFND   168,003 0 0
Andeavor COM 03349M105 20,776 181,700 SH   DFND   181,700 0 0
Apache Corp COM 037411105 38,125 903,000 SH   DFND   903,000 0 0
Bank Amer Corp COM 060505104 50,701 1,717,500 SH   DFND   1,717,500 0 0
Biogen Inc COM 09062X103 34,852 109,400 SH   DFND   109,400 0 0
Cabot Oil & Gas Corp COM 127097103 29,750 1,040,200 SH   DFND   1,040,200 0 0
Concho Res Inc COM 20605P101 31,005 206,400 SH   DFND   206,400 0 0
Ctrip Com Intl Ltd AMERICAN DEP SHS 22943F100 32,144 728,900 SH   DFND   728,900 0 0
Devon Energy Corp New COM 25179M103 41,806 1,009,800 SH   DFND   1,009,800 0 0
Encana Corp COM 292505104 11,283 846,400 SH   DFND   846,400 0 0
Eog Res Inc COM 26875P101 56,620 524,700 SH   DFND   524,700 0 0
Facebook Inc CL A 30303M102 190,965 1,082,200 SH   DFND   1,082,200 0 0
Hdfc Bank Ltd ADR REPS 3 SHS 40415F101 13,034 128,200 SH   DFND   128,200 0 0
Jd Com Inc SPON ADR CL A 47215P106 45,487 1,098,200 SH   DFND   1,098,200 0 0
Loma Negra Corp SPONSORED ADS 54150E104 3,456 150,000 SH   DFND   150,000 0 0
Marathon Oil Corp COM 565849106 20,773 1,227,000 SH   DFND   1,227,000 0 0
Marathon Pete Corp COM 56585A102 21,186 321,100 SH   DFND   321,100 0 0
Microsoft Corp COM 594918104 276,106 3,227,800 SH   DFND   3,227,800 0 0
Nektar Therapeutics COM 640268108 109,526 1,834,000 SH   DFND   1,834,000 0 0
Paypal Hldgs Inc COM 70450Y103 34,241 465,100 SH   DFND   465,100 0 0
Salesforce Com Inc COM 79466L302 175,253 1,714,300 SH   DFND   1,714,300 0 0
Stamps Com Inc COM NEW 852857200 31,584 168,000 SH   DFND   168,000 0 0
Time Warner Inc COM NEW 887317303 25,438 278,100 SH   DFND   278,100 0 0
United States Stl Corp New COM 912909108 24,957 709,200 SH   DFND   709,200 0 0
Vale S A ADR 91912E105 20,383 1,666,600 SH   DFND   1,666,600 0 0
Wells Fargo Co New COM 949746101 51,570 850,000 SH   DFND   850,000 0 0
Workday Inc CL A 98138H101 84,699 832,500 SH   DFND   832,500 0 0
Yandex N V SHS CLASS A N97284108 9,956 304,000 SH   DFND   304,000 0 0