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 FIGI (to the nearest dollar) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
AMDOCS LTD COM G02602103   15,421 282,600 SH   DFND 1 282,600 0 0
AMDOCS LTD COM G02602103   7,783 142,620 SH   DFND 2 142,620 0 0
WEATHERFORD INTL LTD COM G48833100   5,034 600,000 SH   DFND 1 600,000 0 0
WEATHERFORD INTL LTD COM G48833100   4,195 500,000 SH   DFND 2 500,000 0 0
WEATHERFORD INTL LTD COM G48833100   839 100,000 SH   DFND 3 100,000 0 0
MEDTRONIC PLC COM G5960L103   13,461 175,000 SH   DFND 2 175,000 0 0
MEDTRONIC PLC COM G5960L103   13,461 175,000 SH   DFND 3 175,000 0 0
ROWAN COMPANIES INC COM G7665A101   5,593 330,000 SH   DFND 1 330,000 0 0
ROWAN COMPANIES INC COM G7665A101   2,882 170,000 SH   DFND 2 170,000 0 0
FLEXTRONICS INTL LTD COM Y2573F102   9,324 831,724 SH   DFND 1 831,724 0 0
FLEXTRONICS INTL LTD COM Y2573F102   9,453 843,276 SH   DFND 2 843,276 0 0
FLEXTRONICS INTL LTD COM Y2573F102   3,363 300,000 SH   DFND 3 300,000 0 0
ALCOA INC COM 013817101   3,455 350,000 SH   DFND 1 350,000 0 0
ALCOA INC COM 013817101   4,442 450,000 SH   DFND 2 450,000 0 0
ALCOA INC COM 013817101   4,935 500,000 SH   DFND 3 500,000 0 0
GOOGLE INC-CL C COM 02079K107   22,829 30,082 SH   DFND 1 30,082 0 0
GOOGLE INC-CL A COM 02079K305   23,340 30,000 SH   DFND 1 30,000 0 0
ALPHATEC HOLDINGS COM 02081G102   691 2,302,070 SH   DFND 1 2,302,070 0 0
AMERICAN AIRLINES GROUP INC COM 02376R102   8,060 190,312 SH   DFND 1 190,312 0 0
AMERICAN AIRLINES GROUP INC COM 02376R102   15,233 359,688 SH   DFND 2 359,688 0 0
AMERICAN EAGLE OUTFITTERS COM 02553E106   4,650 300,000 SH   DFND 1 300,000 0 0
AMERICAN EAGLE OUTFITTERS COM 02553E106   13,950 900,000 SH   DFND 2 900,000 0 0
ANADARKO PETROLEUM CORP COM 032511107   12,145 250,000 SH   DFND 1 250,000 0 0
APPLE COMPUTER INC. COM 037833100   21,052 200,000 SH   DFND 1 200,000 0 0
ARCHER DANIELS COM 039483102   5,502 150,007 SH   DFND 1 150,007 0 0
ARCHER DANIELS COM 039483102   4,585 124,993 SH   DFND 2 124,993 0 0
ARCHER DANIELS COM 039483102   6,419 175,000 SH   DFND 3 175,000 0 0
ASTRAZENECA PLC-SPONS ADR COM 046353108   20,710 610,000 SH   DFND 1 610,000 0 0
ASTRAZENECA PLC-SPONS ADR COM 046353108   3,056 90,000 SH   DFND 2 90,000 0 0
AVERY DENNISON CORP COM 053611109   8,099 129,256 SH   DFND 0 129,256 0 0
AVERY DENNISON CORP COM 053611109   3,976 63,453 SH   DFND 2 63,453 0 0
AVERY DENNISON CORP COM 053611109   6,723 107,291 SH   DFND 3 107,291 0 0
AVON PRODUCTS COM 054303102   607 150,000 SH   DFND 0 150,000 0 0
AVON PRODUCTS COM 054303102   510 125,900 SH   DFND 1 125,900 0 0
AVON PRODUCTS COM 054303102   3,443 850,000 SH   DFND 2 850,000 0 0
BP PLC-SPONS ADR COM 055622104   3,439 110,000 SH   DFND 1 110,000 0 0
BP PLC-SPONS ADR COM 055622104   9,065 290,000 SH   DFND 2 290,000 0 0
BANK OF AMERICA COM 060505104   6,855 407,356 SH   DFND 1 407,356 0 0
BANK OF AMERICA COM 060505104   9,638 572,645 SH   DFND 2 572,645 0 0
BANK OF AMERICA COM 060505104   5,386 320,000 SH   DFND 3 320,000 0 0
BANK OF AMERICA CORP PFD 060505682   2,187 2,000 SH   DFND 1 2,000 0 0
BANK OF NEW YORK MELLON CORP COM 064058100   8,244 200,000 SH   DFND 1 200,000 0 0
BANK OF NEW YORK MELLON CORP COM 064058100   12,366 300,000 SH   DFND 2 300,000 0 0
BANK OF NEW YORK MELLON CORP COM 064058100   4,122 100,000 SH   DFND 3 100,000 0 0
BASIC ENERGY SERVICES INC COM 06985P100   199 74,280 SH   DFND 1 74,280 0 0
BASIC ENERGY SERVICES INC COM 06985P100   50 18,570 SH   DFND 2 18,570 0 0
BOSTON SCIENTIFIC CORP COM 101137107   7,376 400,000 SH   DFND 0 400,000 0 0
BOSTON SCIENTIFIC CORP COM 101137107   8,482 460,000 SH   DFND 1 460,000 0 0
BOSTON SCIENTIFIC CORP COM 101137107   11,802 640,000 SH   DFND 2 640,000 0 0
BROADRIDGE FINANCIAL SOLUTIONS COM 11133T103   14,238 265,000 SH   DFND 1 265,000 0 0
BROADRIDGE FINANCIAL SOLUTIONS COM 11133T103   7,254 135,000 SH   DFND 2 135,000 0 0
CELESTICA INC COM 15101Q108   11,030 1,000,000 SH   DFND 1 1,000,000 0 0
CELESTICA INC COM 15101Q108   4,411 399,900 SH   DFND 2 399,900 0 0
CELESTICA INC COM 15101Q108   3,310 300,100 SH   DFND 3 300,100 0 0
CISCO SYSTEMS INC COM 17275R102   2,716 100,000 SH   DFND 0 100,000 0 0
CISCO SYSTEMS INC COM 17275R102   8,853 326,000 SH   DFND 1 326,000 0 0
CISCO SYSTEMS INC COM 17275R102   7,440 274,000 SH   DFND 2 274,000 0 0
CITIGROUP INC COM 172967424   31 600 SH   DFND 0 600 0 0
CITIGROUP INC COM 172967424   9,336 180,400 SH   DFND 1 180,400 0 0
CITIGROUP INC COM 172967424   6,158 119,000 SH   DFND 2 119,000 0 0
CITIGROUP INC COM 172967424   5,175 100,000 SH   DFND 3 100,000 0 0
COCA COLA ENTERPRISES INC COM 19122T109   9,545 193,847 SH   DFND 1 193,847 0 0
COCA COLA ENTERPRISES INC COM 19122T109   15,075 306,153 SH   DFND 2 306,153 0 0
COMCAST CORP-CL A COM 20030N101   14,107 250,000 SH   DFND 1 250,000 0 0
COMCAST CORP-CL A COM 20030N101   11,286 200,000 SH   DFND 2 200,000 0 0
COMMUNITY HEALTH SYSTEMS INC COM 203668108   184 6,942 SH   DFND 0 6,942 0 0
COMMUNITY HEALTH SYSTEMS INC COM 203668108   11,717 441,652 SH   DFND 1 441,652 0 0
COMMUNITY HEALTH SYSTEMS INC COM 203668108   6,595 248,594 SH   DFND 2 248,594 0 0
COMMUNITY HEALTH SYSTEMS INC COM 203668108   1,105 41,652 SH   DFND 3 41,652 0 0
COMMUNITY HEALTH SYSTEMS CVR COM 203668116   1 100,000 SH   DFND 0 100,000 0 0
COMMUNITY HEALTH SYSTEMS CVR COM 203668116   5 600,000 SH   DFND 1 600,000 0 0
COMMUNITY HEALTH SYSTEMS CVR COM 203668116   6 700,000 SH   DFND 2 700,000 0 0
COMMUNITY HEALTH SYSTEMS CVR COM 203668116   5 600,000 SH   DFND 3 600,000 0 0
DHI GROUP INC COM 23331S100   341 37,152 SH   DFND 2 37,152 0 0
DEAN FOODS CO COM 242370203   5,805 338,478 SH   DFND 1 338,478 0 0
DEAN FOODS CO COM 242370203   9,287 541,506 SH   DFND 2 541,506 0 0
DEAN FOODS CO COM 242370203   5,075 295,916 SH   DFND 3 295,916 0 0
DELTA AIRLINES INC DEL COM 247361702   16,954 334,470 SH   DFND 1 334,470 0 0
DELTA AIRLINES INC DEL COM 247361702   8,551 168,700 SH   DFND 2 168,700 0 0
DELTA AIRLINES INC DEL COM 247361702   15,046 296,830 SH   DFND 3 296,830 0 0
EGAIN COMMUNICATIONS CORP COM 28225C806   91 21,355 SH   DFND 3 21,355 0 0
ERICSSON (LM) TEL-SP ADR COM 294821608   5,151 536,000 SH   DFND 1 536,000 0 0
ERICSSON (LM) TEL-SP ADR COM 294821608   5,420 564,000 SH   DFND 2 564,000 0 0
ERICSSON (LM) TEL-SP ADR COM 294821608   3,844 400,000 SH   DFND 3 400,000 0 0
EXCELON CORP NPV COM 30161N101   7,748 279,000 SH   DFND 1 279,000 0 0
EXCELON CORP NPV COM 30161N101   3,171 114,204 SH   DFND 2 114,204 0 0
GLAXOSMITHKLINE PLC-ADR COM 37733W105   11,338 281,000 SH   DFND 1 281,000 0 0
GLAXOSMITHKLINE PLC-ADR COM 37733W105   10,854 269,000 SH   DFND 2 269,000 0 0
HESS CORP COM 42809H107   9,696 200,000 SH   DFND 1 200,000 0 0
JP MORGAN CHASE & CO COM 46625H100   18,066 273,600 SH   DFND 1 273,600 0 0
JP MORGAN CHASE & CO COM 46625H100   2,641 40,000 SH   DFND 2 40,000 0 0
JP MORGAN CHASE & CO COM 46625H100   3,064 46,400 SH   DFND 3 46,400 0 0
JABIL CIRCUIT INC COM 466313103   4,990 214,286 SH   DFND 0 214,286 0 0
JABIL CIRCUIT INC COM 466313103   16,690 716,600 SH   DFND 1 716,600 0 0
JABIL CIRCUIT INC COM 466313103   6,268 269,114 SH   DFND 2 269,114 0 0
KRAFT HEINZ CO COM 500754106   8,923 122,632 SH   DFND 1 122,632 0 0
KRAFT HEINZ CO COM 500754106   3,346 45,987 SH   DFND 2 45,987 0 0
KROGER CO. COM 501044101   16,732 400,000 SH   DFND 1 400,000 0 0
KROGER CO. COM 501044101   20,915 500,000 SH   DFND 3 500,000 0 0
LIFE POINT HOSPITALS COM 53219L109   15,347 209,090 SH   DFND 1 209,090 0 0
LIFE POINT HOSPITALS COM 53219L109   9,696 132,100 SH   DFND 2 132,100 0 0
LUMOS NETWORKS CORP COM 550283105   250 22,358 SH   DFND 1 22,358 0 0
LUMOS NETWORKS CORP COM 550283105   63 5,589 SH   DFND 2 5,589 0 0
MARATHON OIL CORP COM 565849106   5,666 450,000 SH   DFND 2 450,000 0 0
MERCK & CO. INC. COM 58933Y105   13,786 261,000 SH   DFND 1 261,000 0 0
MERCK & CO. INC. COM 58933Y105   10,564 200,000 SH   DFND 2 200,000 0 0
MICROSOFT CORP COM 594918104   18,863 340,000 SH   DFND 1 340,000 0 0
MICROSOFT CORP COM 594918104   12,206 220,000 SH   DFND 2 220,000 0 0
MICROSOFT CORP COM 594918104   2,219 40,000 SH   DFND 3 40,000 0 0
MONDELEZ INTERNATIONAL INC-A COM 609207105   16,497 367,898 SH   DFND 1 367,898 0 0
MONDELEZ INTERNATIONAL INC-A COM 609207105   6,186 137,962 SH   DFND 2 137,962 0 0
MORGAN STANLEY DEAN WITTER COM 617446448   6,680 210,000 SH   DFND 1 210,000 0 0
MORGAN STANLEY DEAN WITTER COM 617446448   6,044 190,000 SH   DFND 2 190,000 0 0
MORGAN STANLEY DEAN WITTER COM 617446448   2,878 90,472 SH   DFND 3 90,472 0 0
NEWELL RUBBERMAID INC COM 651229106   19,854 450,400 SH   DFND 1 450,400 0 0
NEWELL RUBBERMAID INC COM 651229106   11,002 249,600 SH   DFND 2 249,600 0 0
NEWTEK BUSINESS SERVICES INCE - RES COM 652526203   4 300 SH   DFND 0 300 0 0
NEWTEK BUSINESS SERVICES INCE - RES COM 652526203   193 13,518 SH   DFND 1 13,518 0 0
NEWTEK BUSINESS SERVICES INCE - RES COM 652526203   2 113 SH   DFND 3 113 0 0
OFFICE DEPOT INC COM 676220106   846 150,000 SH   DFND 0 150,000 0 0
OFFICE DEPOT INC COM 676220106   6,769 1,200,224 SH   DFND 1 1,200,224 0 0
OFFICE DEPOT INC COM 676220106   7,049 1,249,776 SH   DFND 2 1,249,776 0 0
OFFICE DEPOT INC COM 676220106   2,256 400,000 SH   DFND 3 400,000 0 0
OWENS ILLINOIS COM 690768403   2,613 150,000 SH   DFND 0 150,000 0 0
OWENS ILLINOIS COM 690768403   4,371 250,900 SH   DFND 1 250,900 0 0
OWENS ILLINOIS COM 690768403   6,823 391,700 SH   DFND 2 391,700 0 0
OWENS ILLINOIS COM 690768403   1,697 97,400 SH   DFND 3 97,400 0 0
PFIZER INC COM 717081103   635 19,700 SH   DFND 0 19,700 0 0
PFIZER INC COM 717081103   18,617 576,725 SH   DFND 1 576,725 0 0
PFIZER INC COM 717081103   10,363 321,025 SH   DFND 2 321,025 0 0
QUEST DIAGNOSTICS INC COM 74834L100   26,322 370,000 SH   DFND 1 370,000 0 0
ROYAL DUTCH SHELL PLC COM 780259206   4,579 100,000 SH   DFND 1 100,000 0 0
ROYAL DUTCH SHELL PLC COM 780259206   4,579 100,000 SH   DFND 3 100,000 0 0
ST JUDE MEDICAL COM 790849103   21,619 350,000 SH   DFND 1 350,000 0 0
ST JUDE MEDICAL COM 790849103   3,089 50,000 SH   DFND 3 50,000 0 0
SANOFI-AVENTIS-ADR COM 80105N105   12,794 300,000 SH   DFND 1 300,000 0 0
SANOFI-AVENTIS-ADR COM 80105N105   6,398 150,000 SH   DFND 2 150,000 0 0
SANMINA CORP COM 801056102   9,624 467,666 SH   DFND 1 467,666 0 0
SANMINA CORP COM 801056102   6,914 335,954 SH   DFND 2 335,954 0 0
SANMINA CORP COM 801056102   5,330 258,985 SH   DFND 3 258,985 0 0
STAGE STORES COM 85254C305   0 2 SH   DFND 0 2 0 0
STAGE STORES COM 85254C305   150 16,489 SH   DFND 3 16,489 0 0
STAPLES INC COM 855030102   6,629 700,000 SH   DFND 1 700,000 0 0
STAPLES INC COM 855030102   4,735 500,000 SH   DFND 2 500,000 0 0
STATE STREET CORP COM 857477103   4,977 75,000 SH   DFND 0 75,000 0 0
STATE STREET CORP COM 857477103   16,590 250,000 SH   DFND 1 250,000 0 0
SYMANTEC CORP COM 871503108   2,100 100,000 SH   DFND 1 100,000 0 0
SYMANTEC CORP COM 871503108   6,300 300,000 SH   DFND 2 300,000 0 0
SYMANTEC CORP COM 871503108   6,300 300,000 SH   DFND 3 300,000 0 0
TOTAL SA-SPON ADR COM 89151E109   8,990 200,000 SH   DFND 1 200,000 0 0
TOTAL SA-SPON ADR COM 89151E109   4,495 100,000 SH   DFND 2 100,000 0 0
TYSON FOODS INC-CL A COM 902494103   20,670 387,600 SH   DFND 1 387,600 0 0
TYSON FOODS INC-CL A COM 902494103   15,890 297,950 SH   DFND 2 297,950 0 0
TYSON FOODS INC-CL A COM 902494103   6,104 114,450 SH   DFND 3 114,450 0 0
UNITEDHEALTH GROUP COM 91324P102   23,528 200,000 SH   DFND 1 200,000 0 0
VIACOM INC CL B COM 92553P201   4,116 100,000 SH   DFND 0 100,000 0 0
VIACOM INC CL B COM 92553P201   8,232 200,000 SH   DFND 1 200,000 0 0
WESTERN UNION CO COM 959802109   8,955 500,000 SH   DFND 1 500,000 0 0
WESTERN UNION CO COM 959802109   8,955 500,000 SH   DFND 2 500,000 0 0
WILLIAMS COMPANIES COM 969457100   8,995 350,000 SH   DFND 2 350,000 0 0
WPX ENERGY INC COM 98212B103   1,692 294,834 SH   DFND 1 294,834 0 0
WPX ENERGY INC COM 98212B103   1,244 216,666 SH   DFND 2 216,666 0 0
WPX ENERGY INC COM 98212B103   1,656 288,500 SH   DFND 3 288,500 0 0