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
ABBOTT LABS COM 002824100 4,851 120,630 SH   DFND 1 120,630 0 0
ABBVIE INC COM 00287Y109 9,744 179,080 SH   DFND 1 179,080 0 0
ABERCROMBIE & FITCH CO CL A 002896207 21 1,000 SH   DFND 1 1,000 0 0
ALTRIA GROUP INC COM 02209S103 163 3,000 SH   DFND 1 3,000 0 0
AMERICAN INTL GROUP INC COM NEW 026874784 170 3,000 SH   DFND 1 3,000 0 0
AMETEK INC NEW COM 031100100 6,096 116,480 SH   DFND 1 116,480 0 0
AMGEN INC COM 031162100 7,123 51,500 SH   DFND 1 51,500 0 0
APPLE INC COM 037833100 7,406 67,148 SH   DFND 1 67,148 0 0
AROTECH CORP COM NEW 042682203 5 4,000 SH   DFND 1 4,000 0 0
ASTRAZENECA PLC SPONSORED ADR 046353108 21 660 SH   DFND 1 660 0 0
AVALON RARE METALS INC COM 053470100 2 20,000 SH   DFND 1 20,000 0 0
BANCO BRADESCO S A SP ADR PFD NEW 059460303 39 7,260 SH   DFND 1 7,260 0 0
BANK NEW YORK MELLON CORP COM 064058100 5,089 130,000 SH   DFND 1 130,000 0 0
BANK OF AMERICA CORPORATION COM 060505104 491 31,525 SH   DFND 1 31,525 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 26 200 SH   DFND 1 200 0 0
BRISTOL MYERS SQUIBB CO COM 110122108 89 1,500 SH   DFND 1 1,500 0 0
CATERPILLAR INC DEL COM 149123101 4,149 63,480 SH   DFND 1 63,480 0 0
CHEVRON CORP NEW COM 166764100 2,603 33,000 SH   DFND 1 33,000 0 0
CISCO SYS INC COM 17275R102 7,639 291,035 SH   DFND 1 291,035 0 0
COCA COLA CO COM 191216100 22,688 565,516 SH   DFND 1 565,516 0 0
COLGATE PALMOLIVE CO COM 194162103 1,396 22,000 SH   DFND 1 22,000 0 0
CTRIP COM INTL LTD AMERICAN DEP SHS 22943F100 4,802 76,000 SH   DFND 1 76,000 0 0
CVS CAREMARK CORPORATION COM 126650100 7,236 75,000 SH   DFND 1 75,000 0 0
DIREXION SHS ETF TR DLY FIN BULL NEW 25459Y694 98 3,900 SH   DFND 1 3,900 0 0
DISNEY WALT CO COM DISNEY 254687106 2,862 28,000 SH   DFND 1 28,000 0 0
DOW CHEM CO COM 260543103 3,731 88,000 SH   DFND 1 88,000 0 0
E M C CORP MASS COM 268648102 6,178 255,750 SH   DFND 1 255,750 0 0
EBAY INC COM 278642103 20 800 SH   DFND 1 800 0 0
EOG RES INC COM 26875P101 4,368 60,000 SH   DFND 1 60,000 0 0
EXXON MOBIL CORP COM 30231G102 5,963 80,200 SH   DFND 1 80,200 0 0
FACEBOOK INC CL A 30303M102 5,709 63,500 SH   DFND 1 63,500 0 0
FLUOR CORP NEW COM 343412102 59 1,400 SH   DFND 1 1,400 0 0
FREEPORT-MCMORAN COPPER & GO COM 35671D857 1,357 140,000 SH   DFND 1 140,000 0 0
GENERAL ELECTRIC CO COM 369604103 5,359 212,500 SH   DFND 1 212,500 0 0
GENERAL MTRS CO COM 37045V100 186 6,200 SH   DFND 1 6,200 0 0
GILEAD SCIENCES INC COM 375558103 6,019 61,300 SH   DFND 1 61,300 0 0
GLAXOSMITHKLINE PLC SPONSORED ADR 37733W105 15 400 SH   DFND 1 400 0 0
GOOGLE INC CL A 38259P508 10,430 16,340 SH   DFND 1 16,340 0 0
HOME DEPOT INC COM 437076102 8,662 75,000 SH   DFND 1 75,000 0 0
ILLINOIS TOOL WKS INC COM 452308109 3,539 43,000 SH   DFND 1 43,000 0 0
INTEL CORP COM 458140100 4,738 157,201 SH   DFND 1 157,201 0 0
INTERNATIONAL BUSINESS MACHS COM 459200101 72 500 SH   DFND 1 500 0 0
INTERNATIONAL FLAVORS&FRAGRA COM 459506101 6,175 59,800 SH   DFND 1 59,800 0 0
ISHARES CHINA LG-CAP ETF 464287184 28 800 SH   DFND 1 800 0 0
ISHARES GLB CNS DISC ETF 464288745 54 638 SH   DFND 1 638 0 0
ISHARES GLOB INDSTRL ETF 464288729 32 498 SH   DFND 1 498 0 0
ISHARES MSCI BRZ CAP ETF 464286400 7 320 SH   DFND 1 320 0 0
JA SOLAR HOLDINGS CO LTD SPON ADR REP5ORD 466090206 19 2,500 SH   DFND 1 2,500 0 0
JOHNSON & JOHNSON COM 478160104 3,412 36,545 SH   DFND 1 36,545 0 0
JPMORGAN CHASE & CO COM 46625H100 6,835 112,120 SH   DFND 1 112,120 0 0
KINROSS GOLD CORP COM NO PAR 496902404 11 6,600 SH   DFND 1 6,600 0 0
MARKET VECTORS ETF TR GOLD MINER ETF 57060U100 54 3,920 SH   DFND 1 3,920 0 0
MCDONALDS CORP COM 580135101 3,941 40,000 SH   DFND 1 40,000 0 0
MCGRAW HILL FINL INC COM 580645109 4,563 52,750 SH   DFND 1 52,750 0 0
MEAD JOHNSON NUTRITION CO COM 582839106 4,294 61,000 SH   DFND 1 61,000 0 0
MERCK & CO INC NEW COM 58933Y105 4,314 87,345 SH   DFND 1 87,345 0 0
METLIFE INC COM 59156R108 6,785 143,900 SH   DFND 1 143,900 0 0
MICROSOFT CORP COM 594918104 3,674 83,000 SH   DFND 1 83,000 0 0
MONDELEZ INTL INC CL A 609207105 9,195 219,600 SH   DFND 1 219,600 0 0
MONSANTO CO NEW COM 61166W101 3,097 36,287 SH   DFND 1 36,287 0 0
NEWMONT MINING CORP COM 651639106 1,205 75,000 SH   DFND 1 75,000 0 0
PAN AMERICAN SILVER CORP COM 697900108 20 3,200 SH   DFND 1 3,200 0 0
PETROLEO BRASILEIRO SA PETRO SPONSORED ADR 71654V408 59 13,500 SH   DFND 1 13,500 0 0
PFIZER INC COM 717081103 3,481 110,835 SH   DFND 1 110,835 0 0
PHILIP MORRIS INTL INC COM 718172109 71 900 SH   DFND 1 900 0 0
PRAXAIR INC COM 74005P104 4,074 40,000 SH   DFND 1 40,000 0 0
PRICELINE COM INC COM NEW 741503403 247 200 SH   DFND 1 200 0 0
PROCTER & GAMBLE CO COM 742718109 72 1,000 SH   DFND 1 1,000 0 0
PVH CORP COM 693656100 42 410 SH   DFND 1 410 0 0
RANDGOLD RES LTD ADR 752344309 27 460 SH   DFND 1 460 0 0
RANGE RES CORP COM 75281A109 2,088 65,000 SH   DFND 1 65,000 0 0
RARE ELEMENT RES LTD COM 75381M102 1 5,000 SH   DFND 1 5,000 0 0
RED HAT INC COM 756577102 5,391 75,000 SH   DFND 1 75,000 0 0
RENESOLA LTD SPONS ADS 75971T103 2 1,700 SH   DFND 1 1,700 0 0
RENEWABLE ENERGY GROUP INC COM NEW 75972A301 17 2,000 SH   DFND 1 2,000 0 0
SCHLUMBERGER LTD COM 806857108 7,203 104,460 SH   DFND 1 104,460 0 0
SPDR SERIES TRUST S&P HOMEBUILD 78464A888 74 2,170 SH   DFND 1 2,170 0 0
TASMAN METALS LTD COM 87652B103 5 19,000 SH   DFND 1 19,000 0 0
THE ADT CORPORATION COM 00101J106 4,186 140,000 SH   DFND 1 140,000 0 0
TIME WARNER INC COM NEW 887317303 124 1,800 SH   DFND 1 1,800 0 0
UNITED TECHNOLOGIES CORP COM 913017109 7,688 86,400 SH   DFND 1 86,400 0 0
VERIZON COMMUNICATIONS INC COM 92343V104 1,358 31,250 SH   DFND 1 31,250 0 0
VISA INC COM CL A 92826C839 7,838 112,520 SH   DFND 1 112,520 0 0
YAHOO INC COM 984332106 58 2,000 SH   DFND 1 2,000 0 0
YINGLI GREEN ENERGY HLDG CO ADR 98584B103 0 1,000 SH   DFND 1 1,000 0 0
YPF SOCIEDAD ANONIMA SPON ADR CL D 984245100 305 20,000 SH   DFND 1 20,000 0 0