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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
ANHEUSER BUSCH INBEV SA/NV SPONSORED ADR 03524A108 18,595 152,530 SH   DFND   0 152,530 0
PETROLEO BRASILEIRO SA PETRO SPONSORED ADR 71654V101 5,938 975,000 SH   DFND   0 975,000 0
ANHEUSER BUSCH INBEV SA/NV SPONSORED ADR 03524A908 553 1,700 SH Call DFND   0 1,700 0