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
AIR PRODS & CHEMS INC COM 009158106 602 4,682 SH   DFND 4,682 0 0
ALCOA INC COM 013817101 1,825 122,559 SH   DFND 122,559 0 0
AMERICAN INTL GROUP INC COM NEW 026874784 3,665 67,148 SH   DFND 67,148 0 0
AMGEN INC COM 031162100 7,467 63,078 SH   DFND 63,078 0 0
APACHE CORP COM 037411105 4,356 43,290 SH   DFND 43,290 0 0
APPLE INC COM 037833100 9,431 101,486 SH   DFND 101,486 0 0
CARNIVAL CORP PAIRED CTF 143658300 6,276 166,706 SH   DFND 166,706 0 0
CELGENE CORP COM 151020104 4,960 57,754 SH   DFND 57,754 0 0
CHARTER COMMUNICATIONS INC D CL A NEW 16117M305 3,707 23,404 SH   DFND 23,404 0 0
CHESAPEAKE ENERGY CORP COM 165167107 3,111 100,085 SH   DFND 100,085 0 0
CITIGROUP INC COM NEW 172967424 5,101 108,309 SH   DFND 108,309 0 0
COCA COLA CO COM 191216100 3,697 87,277 SH   DFND 87,277 0 0
CYPRESS SEMICONDUCTOR CORP COM 232806109 2,825 258,892 SH   DFND 258,892 0 0
FIDELITY NATIONAL FINANCIAL CL A 31620R105 1,803 55,043 SH   DFND 55,043 0 0
GENERAL MTRS CO COM 37045V100 5,710 157,311 SH   DFND 157,311 0 0
GILEAD SCIENCES INC COM 375558103 7,536 90,896 SH   DFND 90,896 0 0
IAC INTERACTIVECORP COM PAR $.001 44919P508 537 7,756 SH   DFND 7,756 0 0
LIBERTY GLOBAL PLC SHS CL C G5480U120 2,929 69,238 SH   DFND 69,238 0 0
MCDERMOTT INTL INC COM 580037109 1,771 218,920 SH   DFND 218,920 0 0
MCDONALDS CORP COM 580135101 2,798 27,776 SH   DFND 27,776 0 0
MICROSOFT CORP COM 594918104 2,932 70,318 SH   DFND 70,318 0 0
MOTOROLA SOLUTIONS INC COM NEW 620076307 11,659 175,137 SH   DFND 175,137 0 0
NATIONSTAR MTG HLDGS INC COM 63861C109 2,103 57,934 SH   DFND 57,934 0 0
NOW INC COM 67011P100 1,290 35,636 SH   DFND 35,636 0 0
QUALCOMM INC COM 747525103 2,258 28,513 SH   DFND 28,513 0 0
RIVERBED TECHNOLOGY INC COM 768573107 3,009 145,833 SH   DFND 145,833 0 0
SEAWORLD ENTMT INC COM 81282V100 5,876 207,419 SH   DFND 207,419 0 0
SPIRIT AEROSYSTEMS HLDGS INC COM CL A 848574109 1,284 38,107 SH   DFND 38,107 0 0
WEATHERFORD INTERNATIONAL LT REG SHS H27013103 2,219 96,492 SH   DFND 96,492 0 0
XPO LOGISTICS INC COM 983793100 7,929 277,029 SH   DFND 277,029 0 0