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
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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
APPLE INC COM 037833100 186,135 2,002,959 SH   SOLE N/A 2,002,959 0 0
AMBEV SA SPONSORED ADR 02319V103 35,805 5,086,000 SH   SOLE N/A 5,086,000 0 0
AMERICAN INTL GROUP INC COM 026874784 96,334 1,765,000 SH   SOLE N/A 1,765,000 0 0
AMERICAN TOWER CORP COM 03027X100 91,780 1,020,000 SH   SOLE N/A 1,020,000 0 0
TD AMERITRADE HLDG CORP COM 87236Y108 85,444 2,725,488 SH   SOLE N/A 2,725,488 0 0
AMERICA MOVIL SAB DE CV SPONSORED ADR 02364W105 35,856 1,727,984 SH   SOLE N/A 1,727,984 0 0
AMAZON.COM INC COM 023135106 82,819 255,000 SH   SOLE N/A 255,000 0 0
ABERCROMBIE & FI CL A 002896207 29,410 680,000 SH   SOLE N/A 680,000 0 0
APACHE CORP COM 037411105 68,422 680,000 SH   SOLE N/A 680,000 0 0
BANCO BRADESCO S A SP ADR PFD 059460303 27,245 1,876,345 SH   SOLE N/A 1,876,345 0 0
BCE INC COM 05534B760 7,305 161 SH   SOLE N/A 161 0 0
BIOMARIN PHARMACEUTICAL INC COM 09061G101 45,994 739,334 SH   SOLE N/A 739,334 0 0
BRISTOW GROUP IN COM 110394103 26,380 327,210 SH   SOLE N/A 327,210 0 0
BANCO SANTANDER CHILE NEW SP ADR REP COM 05965X109 26,090 986,374 SH   SOLE N/A 986,374 0 0
BORGWARNER INC COM 099724106 98,111 1,505,000 SH   SOLE N/A 1,505,000 0 0
CITIGROUP INC COM 172967424 115,866 2,460,000 SH   SOLE N/A 2,460,000 0 0
CAE INC COM 124765108 33,972 2,595,564 SH   SOLE N/A 2,595,564 0 0
CAMERON INTERNATIONAL CORP COM 13342B105 40,626 600,000 SH   SOLE N/A 600,000 0 0
CBS CORP CL B 124857202 82,628 1,329,713 SH   SOLE N/A 1,329,713 0 0
CADENCE DESIGN COM 127387108 89,220 5,101,200 SH   SOLE N/A 5,101,200 0 0
BANCOLOMBIA SP ADR PFD 05968L102 19,190 332,000 SH   SOLE N/A 332,000 0 0
CIT GROUP INC COM 125581801 34,778 760,000 SH   SOLE N/A 760,000 0 0
COSTCO WHOLESALE COM 22160K105 65,169 565,900 SH   SOLE N/A 565,900 0 0
COGNIZANT TECHNOLOGY SOLUTIO CL A 192446102 64,561 1,320,000 SH   SOLE N/A 1,320,000 0 0
CVS CAREMARK CORPORATION COM 126650100 116,824 1,550,000 SH   SOLE N/A 1,550,000 0 0
CEMEX SAB DE CV SPON ADR 151290889 45,725 3,456,127 SH   SOLE N/A 3,456,127 0 0
DEAN FOODS CO COM 242370203 25,213 1,433,394 SH   SOLE N/A 1,433,394 0 0
EOG RESOURCES COM 26875P101 29,215 250,000 SH   SOLE N/A 250,000 0 0
ISHARES MSCI BRA ETF 464286400 75,703 1,584,400 SH   SOLE N/A 1,584,400 0 0
FREEPORT-MCMORAN COPPER & GO COM 35671D857 83,950 2,300,000 SH   SOLE N/A 2,300,000 0 0
FOMENTO ECONOMICO MEXICANO S SPON ADR UNITS 344419106 45,018 480,700 SH   SOLE N/A 480,700 0 0
LAREDO PETROLEUM INC COM 516806106 2,276 73,500 SH   SOLE N/A 73,500 0 0
MARKET VECTORS ETF TR GOLD MINER ETF 57060U100 264,659 10,006,000 SH   SOLE N/A 10,006,000 0 0
GILEAD SCIENCES INC COM 375558103 167,478 2,020,000 SH   SOLE N/A 2,020,000 0 0
GENERAL MOTORS CO COM 37045V100 62,594 1,724,343 SH   SOLE N/A 1,724,343 0 0
GOOGLE INC CL C 38259P706 79,859 138,818 SH   SOLE N/A 138,818 0 0
GOOGLE INC CL A 38259P508 81,163 138,818 SH   SOLE N/A 138,818 0 0
ITAU UNIBANCO HLDG SA SPON ADR REP PFD 465562106 39,548 2,750,217 SH   SOLE N/A 2,750,217 0 0
51JOB INC SP ADR REP COM 316827104 13,830 209,673 SH   SOLE N/A 209,673 0 0
JPMORGAN CHASE COM 46625H100 103,716 1,800,000 SH   SOLE N/A 1,800,000 0 0
KROGER CO COM 501044101 86,503 1,750,000 SH   SOLE N/A 1,750,000 0 0
KANSAS CITY SOUTHERN COM 485170302 50,051 465,547 SH   SOLE N/A 465,547 0 0
LAM RESEARCH CORP COM 512807108 114,165 1,689,325 SH   SOLE N/A 1,689,325 0 0
MONDELEZ INTL INC CL A 609207105 67,317 1,789,873 SH   SOLE N/A 1,789,873 0 0
MEDTRONIC INC COM 585055106 71,029 1,114,000 SH   SOLE N/A 1,114,000 0 0
MELCO CROWN ENTMT LTD ADR 585464100 98,219 2,750,476 SH   SOLE N/A 2,750,476 0 0
MICROSOFT CORP COM 594918104 138,411 3,319,210 SH   SOLE N/A 3,319,210 0 0
METHANEX CORP COM 59151K108 76,450 1,160,183 SH   SOLE N/A 1,160,183 0 0
NUANCE COMMUNICATIONS INC COM 67020Y100 5,913 315,000 SH   SOLE N/A 315,000 0 0
OSHKOSH CORP COM 688239201 51,597 929,182 SH   SOLE N/A 929,182 0 0
PETROLEO BRASILEIRO SA PETRO SPONSORED ADR 71654V408 30,177 2,062,709 SH   SOLE N/A 2,062,709 0 0
PRECISION DRILLING CORP COM 74022D308 55,238 3,899,200 SH   SOLE N/A 3,899,200 0 0
PFIZER INC COM 717081103 89,057 3,000,561 SH   SOLE N/A 3,000,561 0 0
PPL CORPORATION COM 69351T106 47,064 1,324,620 SH   SOLE N/A 1,324,620 0 0
PRUDENTL FINL INC COM 744320102 86,661 976,238 SH   SOLE N/A 976,238 0 0
QUANTA SERVICES INC COM 74762E102 55,669 1,609,858 SH   SOLE N/A 1,609,858 0 0
QUALCOMM INC COM 747525103 109,906 1,387,704 SH   SOLE N/A 1,387,704 0 0
ROBERT HALF INTL INC COM 770323103 91,850 1,923,957 SH   SOLE N/A 1,923,957 0 0
RESMED INC COM 761152107 22,267 439,793 SH   SOLE N/A 439,793 0 0
MARKET VECTORS ETF TR RUSSIA ETF 57060U506 60,980 2,316,000 SH   SOLE N/A 2,316,000 0 0
SEATTLE GENETICS INC COM 812578102 46,026 1,203,291 SH   SOLE N/A 1,203,291 0 0
SHERWIN-WILLIAMS CO COM 824348106 95,444 461,281 SH   SOLE N/A 461,281 0 0
SCHLUMBERGER LTD COM 806857108 116,770 990,000 SH   SOLE N/A 990,000 0 0
SANDISK CORP COM 80004C101 101,297 970,000 SH   SOLE N/A 970,000 0 0
SUNTRUST BANKS INC COM 867914103 75,854 1,893,519 SH   SOLE N/A 1,893,519 0 0
STRYKER CORP COM 863667101 63,662 755,000 SH   SOLE N/A 755,000 0 0
TALMER BANCORP INC COM 87482X101 59,055 4,288,133 SH   SOLE N/A 4,288,133 0 0
TIM PARTICIPACOES S A SPONSORED ADR 88706P205 21,047 725,000 SH   SOLE N/A 725,000 0 0
GRUPO TELEV SA SPON ADR REP ORD 40049J206 32,183 938,000 SH   SOLE N/A 938,000 0 0
TEXAS INSTRS INC COM 882508104 94,842 1,984,558 SH   SOLE N/A 1,984,558 0 0
TPG SPECIALTY LENDING INC COM 87265K102 85,602 3,911,472 SH   SOLE N/A 3,911,472 0 0
UNITEDHEALTH GROUP INC COM 91324P102 114,212 1,397,093 SH   SOLE N/A 1,397,093 0 0
UNION PAC CORP COM 907818108 80,997 812,000 SH   SOLE N/A 812,000 0 0
URBAN OUTFITTERS INC COM 917047102 23,533 695,000 SH   SOLE N/A 695,000 0 0
UNITED RENTALS INC COM 911363109 95,828 915,000 SH   SOLE N/A 915,000 0 0
VALE S A ADR REPSTG PFD 91912E204 3,836 322,332 SH   SOLE N/A 322,332 0 0
VERIZON COMMUNICATIONS INC COM 92343V104 104,955 2,145,000 SH   SOLE N/A 2,145,000 0 0
WELLS FARGO & CO COM 949746101 172,397 3,280,000 SH   SOLE N/A 3,280,000 0 0
WEYERHAEUSER CO COM 962166104 79,926 2,415,406 SH   SOLE N/A 2,415,406 0 0
EXXON MOBIL CORP COM 30231G102 112,961 1,121,976 SH   SOLE N/A 1,121,976 0 0
YUM BRANDS INC COM 988498101 102,216 1,258,815 SH   SOLE N/A 1,258,815 0 0