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
ABERCROMBIE & FITCH CO CL A 002896207 495 25,526 SH   SOLE   25,526 0 0
AKAMAI TECHNOLOGIES COM 00971T101 2,962 48,500 SH   SOLE   48,500 0 0
AKORN COM 009728106 282 81,400 SH   SOLE   81,400 0 0
ALLSTATE CORP COM 020002101 1,946 23,732 SH   SOLE   23,732 0 0
ALPHABET- A CAP STK CL A 02079K305 11,829 11,302 SH   SOLE   11,302 0 0
ALTICE USA INC- A CL A 02156K103 756 46,622 SH   SOLE   46,622 0 0
AMERICAN AIRLINES GROUP INC-REGS COM 02376R102 1,271 39,900 SH   SOLE   39,900 0 0
AMERICAN EXPRESS CO COM. COM 025816109 1,781 18,854 SH   SOLE   18,854 0 0
AMERICAN INTERNATIONAL GROUP INC COM NEW 026874784 1,890 48,941 SH   SOLE   48,941 0 0
AMGEN INC COM 031162100 27,412 143,714 SH   SOLE   143,714 0 0
APOLLO GLOBAL MANAGEMENT CL.A CL A SHS 037612306 2,186 90,520 SH   SOLE   90,520 0 0
APPLE INC / EX - APPLE SHS COM 037833100 146,608 938,404 SH   SOLE   938,404 0 0
AT AND T INC COM 00206R102 60,735 1,986,877 SH   SOLE   1,986,877 0 0
BANK OF AMERICA CORP COM 060505104 1,818 74,532 SH   SOLE   74,532 0 0
BANK OF NEW YORK MELLON CORP COM 064058100 3,848 82,507 SH   SOLE   82,507 0 0
BIOGEN IDEC INC COM 09062X103 26,081 88,855 SH   SOLE   88,855 0 0
BLACKSTONE GROUP PARTNERSHIP UNITS COM UNIT LTD 09253U108 2,939 97,700 SH   SOLE   97,700 0 0
BRISTOL-MYERS SQUIB COM 110122108 157 3,079 SH   SOLE   3,079 0 0
BRISTOL-MYERS SQUIBB CO COM 110122108 852 16,717 SH   SOLE   16,717 0 0
BUNGE LTD COM G16962105 6,238 117,700 SH   SOLE   117,700 0 0
CELGENE CORP COM 151020104 21,857 350,114 SH   SOLE   350,114 0 0
CENTURYTEL INC COM 156700106 4,519 295,900 SH   SOLE   295,900 0 0
CIENA CORP COM NEW 171779309 8,436 270,000 SH   SOLE   270,000 0 0
CISCO SYSTEMS INC COM 17275R102 945 22,109 SH   SOLE   22,109 0 0
CITIGROUP COM NEW 172967424 1,694 32,673 SH   SOLE   32,673 0 0
CREE COM 225447101 481 11,600 SH   SOLE   11,600 0 0
CVS COM 126650100 268 4,106 SH   SOLE   4,106 0 0
CVS HEALTH COM 126650100 1,454 22,287 SH   SOLE   22,287 0 0
DELTA AIR LINES COM NEW 247361702 1,786 35,600 SH   SOLE   35,600 0 0
DR HORTON INC COM 23331A109 5,645 163,200 SH   SOLE   163,200 0 0
ELI LILLY AND CO COM 532457108 16,856 163,432 SH   SOLE   163,432 0 0
EMERSON ELECTRIC CO COM 291011104 6,846 115,800 SH   SOLE   115,800 0 0
FACEBOOK INC-A CL A 30303M102 8,927 67,025 SH   SOLE   67,025 0 0
FORD MOTOR COMPANY COM PAR $0.01 345370860 16,149 2,067,585 SH   SOLE   2,067,585 0 0
GENERAL ELECTRIC CO USD COM 369604103 3,099 412,766 SH   SOLE   412,766 0 0
GENERAL MOTORS CO COM 37045V100 62,344 1,885,293 SH   SOLE   1,885,293 0 0
GILEAD SCIENCES INC COM 375558103 23,081 373,004 SH   SOLE   373,004 0 0
GOLDMAN SACHS GROUP INC COM 38141G104 21,892 134,284 SH   SOLE   134,284 0 0
HEXCEL CORPORATION COM 428291108 1,416 25,000 SH   SOLE   25,000 0 0
ILLUMINA COM 452327109 2,274 7,623 SH   SOLE   7,623 0 0
ILLUMINA INC COM 452327109 20,929 70,174 SH   SOLE   70,174 0 0
INTEL CORP COM 458140100 2,007 42,926 SH   SOLE   42,926 0 0
IONIS PHARMACEUTICALS NEW COM 462222100 3,837 74,700 SH   SOLE   74,700 0 0
J.P.MORGAN CHASE EX CHASE MANHATTAN COM 46625H100 29,630 306,005 SH   SOLE   306,005 0 0
JOHNSON AND JOHNSON COM 478160104 3,325 26,132 SH   SOLE   26,132 0 0
KB HOME COM 48666K109 3,137 162,700 SH   SOLE   162,700 0 0
KKR & Co Registered Shs A CL A 48251W104 2,780 141,500 SH   SOLE   141,500 0 0
LENNAR CORP COM CL A 526057104 662 16,800 SH   SOLE   16,800 0 0
LENNAR CORP -A- CL A 526057104 4,857 123,200 SH   SOLE   123,200 0 0
METLIFE INC COM 59156R108 26,459 651,383 SH   SOLE   651,383 0 0
MONSTER BEVERAGE CORP COM 61174X109 1,707 34,800 SH   SOLE   34,800 0 0
MORGAN STANLEY COM NEW 617446448 4,732 120,184 SH   SOLE   120,184 0 0
NETWORK APPLIANCE INC COM 64110D104 6,346 107,400 SH   SOLE   107,400 0 0
NIKE INC CLASS B COM NPV CL B 654106103 15,692 216,900 SH   SOLE   216,900 0 0
NUCOR CORP COM 670346105 10,602 204,300 SH   SOLE   204,300 0 0
OAKTREE CAPITAL GROUP LLC UNIT CL A 674001201 906 21,700 SH   SOLE   21,700 0 0
ORACLE CORP COM COM 68389X105 61,119 1,363,614 SH   SOLE   1,363,614 0 0
PFIZER INC COM 717081103 17,836 411,664 SH   SOLE   411,664 0 0
PRUDENTIAL FINANCIAL INC COM 744320102 26,882 332,780 SH   SOLE   332,780 0 0
PULTEGROUP COM 745867101 7,369 283,000 SH   SOLE   283,000 0 0
QUALCOMM INC COM 747525103 2,064 36,332 SH   SOLE   36,332 0 0
REGENERON PHARMACEUTICALS INC COM 75886F107 4,351 12,000 SH   SOLE   12,000 0 0
SALESFORCE.COM INC COM 79466L302 6,006 44,600 SH   SOLE   44,600 0 0
SPRINT CORP-W/I COM SER 1 85207U105 1,855 103,700 SH   SOLE   103,700 0 0
SPRINT SERIES -1- COM SER 1 85207U105 5,768 987,700 SH   SOLE   987,700 0 0
STEEL DYNAMICS INC COM 858119100 4,770 159,700 SH   SOLE   159,700 0 0
TAYLOR MORRISON HOME CORP A CL A 87724P106 774 32,300 SH   SOLE   32,300 0 0
TAYLOR MORRISON HOME CORP -A- CL A 87724P106 1,598 99,858 SH   SOLE   99,858 0 0
TMOBILE US INC COM 872590104 5,414 85,600 SH   SOLE   85,600 0 0
TOLL BROTHERS INC COM 889478103 5,612 169,037 SH   SOLE   169,037 0 0
TRI POINTE HOMES INC COM 87265H109 1,798 162,410 SH   SOLE   162,410 0 0
TWITTER INC COM 90184L102 9,947 349,900 SH   SOLE   349,900 0 0
UNITED CONTINENTAL HOLDINGS INC COM 910047109 2,038 24,500 SH   SOLE   24,500 0 0
UNITED STATES STEEL CORP COM 912909108 5,395 295,600 SH   SOLE   295,600 0 0
UNITED THERAPEUTICS CORP COM 91307C102 3,278 31,200 SH   SOLE   31,200 0 0
VERIZON COMMUNICATIONS EX BELL ATLANTIC COM 92343V104 4,444 80,400 SH   SOLE   80,400 0 0
VERIZON COMMUNICATIONS INC COM 92343V104 46,681 844,600 SH   SOLE   844,600 0 0
VERTEX PHARMACEUTICALS INC COM 92532F100 4,261 26,400 SH   SOLE   26,400 0 0
VOYA FINANCIAL INC COM 929089100 12,683 320,907 SH   SOLE   320,907 0 0
WALGREENS BOOTS ALLIANCE INC COM 931427108 1,701 24,999 SH   SOLE   24,999 0 0
WENDY'S COMPANY (THE) COM 95058W100 4,947 316,400 SH   SOLE   316,400 0 0
WHIRLPOOL CORP COM 963320106 4,799 94,200 SH   SOLE   94,200 0 0