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
AMAZON.COM INC COM 023135106 813 840 SH   DFND   840 0 0
APPLIED MATERIALS INC COM 038222105 3,090 74,800 SH   DFND   74,800 0 0
JPMORGAN CHASE & CO COM 46625H100 4,671 51,100 SH   DFND   51,100 0 0
CISCO SYSTEMS INC COM 17275R102 939 30,000 SH   DFND   30,000 0 0
REPUBLIC SERVICES INC COM 760759100 3,715 58,300 SH   DFND   58,300 0 0
HALLIBURTON CO COM 406216101 1,960 45,900 SH   DFND   45,900 0 0
INTUIT INC COM 461202103 2,643 19,900 SH   DFND   19,900 0 0
BLACKROCK INC COM 09247X101 2,108 4,990 SH   DFND   4,990 0 0
MICROSOFT CORP COM 594918104 338 4,900 SH   DFND   4,900 0 0
ILLUMINA INC COM 452327109 2,811 16,200 SH   DFND   16,200 0 0
CONOCOPHILLIPS COM 20825C104 2,194 49,900 SH   DFND   49,900 0 0
ALTRIA GROUP INC COM 02209S103 3,575 48,000 SH   DFND   48,000 0 0
POTASH CORP OF SASKATCHEWAN COM 73755L107 1,694 103,900 SH   DFND   103,900 0 0
COSTCO WHOLESALE CORP COM 22160K105 2,879 18,000 SH   DFND   18,000 0 0
QUEST DIAGNOSTICS INC COM 74834L100 4,046 36,400 SH   DFND   36,400 0 0
ROSS STORES INC COM 778296103 2,309 40,000 SH   DFND   40,000 0 0
MERCK & CO. INC. COM 58933Y105 3,909 61,000 SH   DFND   61,000 0 0
PRICELINE GROUP INC/THE COM 741503403 3,030 1,620 SH   DFND   1,620 0 0
SCHLUMBERGER LTD COM 806857108 1,969 29,900 SH   DFND   29,900 0 0
ZIMMER BIOMET HOLDINGS INC COM 98956P102 1,656 12,900 SH   DFND   12,900 0 0
WEYERHAEUSER CO COM 962166104 1,588 47,400 SH   DFND   47,400 0 0
AMERICAN WATER WORKS CO INC COM 030420103 3,233 41,470 SH   DFND   41,470 0 0
CHUBB LTD COM H1467J104 2,399 16,500 SH   DFND   16,500 0 0
XYLEM INC COM 98419M100 2,661 48,000 SH   DFND   48,000 0 0
FACEBOOK INC-A COM 30303M102 1,540 10,200 SH   DFND   10,200 0 0
MONDELEZ INTERNATIONAL INC-A COM 609207105 3,071 71,100 SH   DFND   71,100 0 0
T-MOBILE US INC COM 872590104 1,509 24,900 SH   DFND   24,900 0 0
NORWEGIAN CRUISE LINE HOLDIN COM G66721104 3,426 63,100 SH   DFND   63,100 0 0
BROADCOM LTD COM Y09827109 813 3,490 SH   DFND   3,490 0 0
INTERCONTINENTAL EXCHANGE IN COM 45866F104 3,286 49,850 SH   DFND   49,850 0 0
FORTIVE CORP COM 34959J108 3,168 50,000 SH   DFND   50,000 0 0
ALPHABET INC-CL A COM 02079K305 892 960 SH   DFND   960 0 0
AMEDISYS INC COM 023436108 1,206 19,200 SH   DFND   19,200 0 0
BARNES GROUP INC COM 067806109 1,329 22,700 SH   DFND   22,700 0 0
INTEGRA LIFESCIENCES HOLDING COM 457985208 1,112 20,400 SH   DFND   20,400 0 0
ATMOS ENERGY CORP COM 049560105 1,783 21,500 SH   DFND   21,500 0 0
HEALTHCARE SERVICES GROUP COM 421906108 1,377 29,400 SH   DFND   29,400 0 0
EASTGROUP PROPERTIES INC COM 277276101 1,584 18,900 SH   DFND   18,900 0 0
ITRON INC COM 465741106 1,836 27,100 SH   DFND   27,100 0 0
HAIN CELESTIAL GROUP INC COM 405217100 660 17,000 SH   DFND   17,000 0 0
EPLUS INC COM 294268107 1,756 23,700 SH   DFND   23,700 0 0
AQUA AMERICA INC COM 03836W103 603 18,100 SH   DFND   18,100 0 0
PS BUSINESS PARKS INC/CA COM 69360J107 1,470 11,100 SH   DFND   11,100 0 0
SERVICE CORP INTERNATIONAL COM 817565104 1,967 58,800 SH   DFND   58,800 0 0
STEWART INFORMATION SERVICES COM 860372101 989 21,795 SH   DFND   21,795 0 0
JETBLUE AIRWAYS CORP COM 477143101 1,032 45,200 SH   DFND   45,200 0 0
MONOLITHIC POWER SYSTEMS INC COM 609839105 1,581 16,400 SH   DFND   16,400 0 0
BROADRIDGE FINANCIAL SOLUTIO COM 11133T103 1,587 21,000 SH   DFND   21,000 0 0
MSCI INC COM 55354G100 1,854 18,000 SH   DFND   18,000 0 0
GREEN DOT CORP-CLASS A COM 39304D102 1,742 45,200 SH   DFND   45,200 0 0
MARRIOTT VACATIONS WORLD COM 57164Y107 1,719 14,600 SH   DFND   14,600 0 0
INTERFACE INC COM 458665304 1,434 73,000 SH   DFND   73,000 0 0
INGEVITY CORP COM 45688C107 1,228 21,400 SH   DFND   21,400 0 0
LAMB WESTON HOLDINGS INC COM 513272104 1,493 33,900 SH   DFND   33,900 0 0
INOGEN INC COM 45780L104 2,052 21,500 SH   DFND   21,500 0 0
OLLIE'S BARGAIN OUTLET HOLDI COM 681116109 1,755 41,200 SH   DFND   41,200 0 0