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
ABBVIE INC COM 00287Y109 24,761 380,000 SH   SOLE   380,000 0 0
ACADIA RLTY TR COM SH BEN INT 004239109 1,034 34,400 SH   DFND 1 34,400 0 0
ADAM NAT RES FD INC COM 00548F105 42,467 2,186,774 SH   SOLE   2,186,774 0 0
ADOBE SYS INC COM 00724F101 22,903 176,000 SH   SOLE   176,000 0 0
ADVANCED ENERGY INDS COM 007973100 830 12,100 SH   DFND 1 12,100 0 0
AEGION CORP COM 00770F104 1,091 47,600 SH   DFND 1 47,600 0 0
AETNA INC NEW COM 00817Y108 23,456 183,900 SH   SOLE   183,900 0 0
AIRCASTLE LTD COM G0129K104 1,409 58,400 SH   DFND 1 58,400 0 0
ALLEGIANT TRAVEL CO COM 01748X102 1,042 6,500 SH   DFND 1 6,500 0 0
ALLERGAN PLC SHS G0177J108 25,587 107,096 SH   SOLE   107,096 0 0
ALLETE INC COM NEW 018522300 1,185 17,500 SH   DFND 1 17,500 0 0
ALPHABET INC CL A 38259P508 30,097 35,500 SH   SOLE   35,500 0 0
ALPHABET INC CL C 38259P706 24,552 29,597 SH   SOLE   29,597 0 0
AMAG PHARMACEUTICALS INC COM 00163U106 771 34,200 SH   DFND 1 34,200 0 0
AMAZON COM INC COM 023135106 39,096 44,100 SH   SOLE   44,100 0 0
AMERICAN EXPRESS CO COM 025816109 23,923 302,400 SH   SOLE   302,400 0 0
AMERICAN INTL GROUP INC COM NEW 026874784 24,135 386,600 SH   SOLE   386,600 0 0
AMERICAN OUTDOOR BRANDS COR COM 02874P103 1,048 52,900 SH   DFND 1 52,900 0 0
AMERICAN TOWER CORP NEW COM 03027X100 12,762 105,000 SH   SOLE   105,000 0 0
AMGEN INC COM 031162100 20,837 127,000 SH   SOLE   127,000 0 0
AMKOR TECHNOLOGY INC COM 031652100 833 71,900 SH   DFND 1 71,900 0 0
ANADARKO PETE CORP COM 032511107 11,817 190,600 SH   SOLE   190,600 0 0
APPLE INC COM 037833100 69,029 480,500 SH   SOLE   480,500 0 0
ASPEN TECHNOLOGY INC COM 045327103 1,279 21,700 SH   DFND 1 21,700 0 0
AVALONBAY CMNTYS INC COM 053484101 9,878 53,800 SH   SOLE   53,800 0 0
BANK OF AMERICA CORP. COM 060505104 32,356 1,371,600 SH   SOLE   1,371,600 0 0
BANKRATE INC DEL COM 06647F102 1,189 123,200 SH   DFND 1 123,200 0 0
BELDEN INC COM 077454106 1,135 16,400 SH   DFND 1 16,400 0 0
BENCHMARK ELECTRS INC COM 08160H101 1,278 40,200 SH   DFND 1 40,200 0 0
BIOGEN INC COM 09062X103 12,851 47,000 SH   SOLE   47,000 0 0
BIOSPECIFICS TECHNOLOGIES C COM 090931106 817 14,900 SH   DFND 1 14,900 0 0
BLACKROCK INC COM 09247X101 15,877 41,400 SH   SOLE   41,400 0 0
BOEING CO COM 097023105 31,888 180,300 SH   SOLE   180,300 0 0
BROADCOM LTD SHS Y09827109 19,444 88,800 SH   SOLE   88,800 0 0
CARDTRONICS PLC SHS CL A G1991C105 972 20,800 SH   DFND 1 20,800 0 0
CATHAY GEN BANCORP COM 149150104 1,251 33,200 SH   DFND 1 33,200 0 0
CENTERPOINT ENERGY INC COM 15189T107 11,056 401,000 SH   SOLE   401,000 0 0
CENTRAL GARDEN & PET CO CL A NON-VTG 153527205 1,108 31,900 SH   DFND 1 31,900 0 0
CENTRAL PAC FINL CORP COM NEW 154760409 1,249 40,900 SH   DFND 1 40,900 0 0
CHEMOCENTRYX INC COM 16383L106 640 87,900 SH   DFND 1 87,900 0 0
CHUBB LTD COM H1467J104 18,476 135,600 SH   SOLE   135,600 0 0
CIRRUS LOGIC INC COM 172755100 777 12,800 SH   DFND 1 12,800 0 0
CISCO SYS INC COM 17275R102 9,190 271,900 SH   SOLE   271,900 0 0
CNO FINL GROUP INC COM 12621E103 1,175 57,300 SH   DFND 1 57,300 0 0
COCA COLA CO COM 191216100 7,894 186,000 SH   SOLE   186,000 0 0
COLLECTORS UNIVERSE INC COM NEW 19421R200 1,352 51,800 SH   DFND 1 51,800 0 0
COMCAST CORP NEW CL A 20030N101 37,928 1,009,000 SH   SOLE   1,009,000 0 0
COMMVAULT SYSTEMS INC COM 204166102 1,001 19,700 SH   DFND 1 19,700 0 0
COMPUTER SCIENCES CORP COM 205363104 9,868 143,000 SH   SOLE   143,000 0 0
CONCHO RES INC COM 20605P101 9,356 72,900 SH   SOLE   72,900 0 0
CONNECTONE BANCORP INC NEW COM 20786W107 1,229 50,700 SH   DFND 1 50,700 0 0
CONSOLIDATED COMM HLDGS INC COM 209034107 1,035 44,200 SH   DFND 1 44,200 0 0
CONTINENTAL BLDG PRODS INC COM 211171103 1,122 45,800 SH   DFND 1 45,800 0 0
CSG SYS INTL INC COM 126349109 1,161 30,700 SH   DFND 1 30,700 0 0
CUBESMART COM 229663109 1,070 41,200 SH   DFND 1 41,200 0 0
CUMMINS INC COM 231021106 16,284 107,700 SH   SOLE   107,700 0 0
CURTISS WRIGHT CORP COM 231561101 1,278 14,000 SH   DFND 1 14,000 0 0
CUSTOMERS BANCORP INC COM 23204G100 1,135 36,000 SH   DFND 1 36,000 0 0
CVS HEALTH CORP COM 126650100 19,421 247,400 SH   SOLE   247,400 0 0
CYRUSONE INC COM 23283R100 1,168 22,700 SH   DFND 1 22,700 0 0
DANA HLDG CORP COM 235825205 1,278 66,200 SH   DFND 1 66,200 0 0
DARLING INGREDIENTS INC COM 237266101 1,031 71,000 SH   DFND 1 71,000 0 0
DCT INDUSTRIAL TRUST INC COM NEW 233153204 1,145 23,800 SH   DFND 1 23,800 0 0
DEAN FOODS CO NEW COM NEW 242370203 904 46,000 SH   DFND 1 46,000 0 0
DELTA AIR LINES INC DEL COM NEW 247361702 12,970 282,200 SH   SOLE   282,200 0 0
DELUXE CORP COM 248019101 1,090 15,100 SH   DFND 1 15,100 0 0
DISNEY WALT CO COM DISNEY 254687106 20,954 184,800 SH   SOLE   184,800 0 0
DOLLAR GEN CORP NEW COM 256677105 10,434 149,637 SH   SOLE   149,637 0 0
DOW CHEM CO COM 260543103 17,613 277,200 SH   SOLE   277,200 0 0
DUPONT FABROS TECHNOLOGY IN COM 26613Q106 1,265 25,500 SH   DFND 1 25,500 0 0
EDISON INTL COM 281020107 10,373 130,300 SH   SOLE   130,300 0 0
ELLIS PERRY INTL INC COM 288853104 868 40,400 SH   DFND 1 40,400 0 0
EMCOR GROUP INC COM 29084Q100 982 15,600 SH   DFND 1 15,600 0 0
EMERGENT BIOSOLUTIONS INC COM 29089Q105 639 22,000 SH   DFND 1 22,000 0 0
EMPIRE ST RLTY TR INC CL A 292104106 1,152 55,800 SH   DFND 1 55,800 0 0
ENANTA PHARMACEUTICALS INC COM 29251M106 755 24,500 SH   DFND 1 24,500 0 0
ESTERLINE TECHNOLOGIES CORP COM 297425100 1,144 13,300 SH   DFND 1 13,300 0 0
ETHAN ALLEN INTERIORS INC COM 297602104 990 32,300 SH   DFND 1 32,300 0 0
EXLSERVICE HOLDINGS INC COM 302081104 957 20,200 SH   DFND 1 20,200 0 0
EXXON MOBIL CORP COM 30231G102 29,384 358,300 SH   SOLE   358,300 0 0
FACEBOOK INC CL A 30303M102 43,084 303,300 SH   SOLE   303,300 0 0
FEDERAL AGRIC MTG CORP CL C 313148306 1,307 22,700 SH   DFND 1 22,700 0 0
FIDELITY & GTY LIFE COM 315785105 1,262 45,400 SH   DFND 1 45,400 0 0
FIRST FINL CORP IND COM 320218100 1,121 23,600 SH   DFND 1 23,600 0 0
FIVE PRIME THERAPEUTICS INC COM 33830X104 672 18,600 SH   DFND 1 18,600 0 0
FLAGSTAR BANCORP INC COM PAR .001 337930705 1,345 47,700 SH   DFND 1 47,700 0 0
FORTIVE CORP COM 34959J108 16,844 279,700 SH   SOLE   279,700 0 0
FORUM ENERGY TECHNOLOGIES I COM 34984V100 965 46,600 SH   DFND 1 46,600 0 0
GENERAL ELECTRIC CO COM 369604103 15,216 510,600 SH   SOLE   510,600 0 0
GOLDMAN SACHS GROUP INC COM 38141G104 12,910 56,200 SH   SOLE   56,200 0 0
GREAT WESTN BANCORP INC COM 391416104 1,340 31,600 SH   DFND 1 31,600 0 0
GREENBRIER COS INC COM 393657101 1,306 30,300 SH   DFND 1 30,300 0 0
HALLIBURTON CO COM 406216101 17,440 354,400 SH   SOLE   354,400 0 0
HALYARD HEALTH INC COM 40650V100 998 26,200 SH   DFND 1 26,200 0 0
HANCOCK HLDG CO COM 410120109 1,339 29,400 SH   DFND 1 29,400 0 0
HARSCO CORP COM 415864107 1,367 107,200 SH   DFND 1 107,200 0 0
HB FULLER CO COM 359694106 949 18,400 SH   DFND 1 18,400 0 0
HEALTHSOUTH CORP COM NEW 421924309 955 22,300 SH   DFND 1 22,300 0 0
HIGHWOODS PPTYS INC COM 431284108 1,091 22,200 SH   DFND 1 22,200 0 0
HMS HLDGS CORP COM 40425J101 1,169 57,500 SH   DFND 1 57,500 0 0
HOME DEPOT INC COM 437076102 26,048 177,400 SH   SOLE   177,400 0 0
HONEYWELL INTL INC COM 438516106 19,917 159,500 SH   SOLE   159,500 0 0
HORACE MANN EDUCATORS CORP COM 440327104 944 23,000 SH   DFND 1 23,000 0 0
HORIZON PHARMA PLC SHS G4617B105 711 48,100 SH   DFND 1 48,100 0 0
HUB GROUP INC CL A 443320106 1,095 23,600 SH   DFND 1 23,600 0 0
IDACORP INC COM 451107106 1,145 13,800 SH   DFND 1 13,800 0 0
INDEPENDENT BANK CORP MICH COM NEW 453838609 1,196 57,800 SH   DFND 1 57,800 0 0
INGLES MKTS INC CL A 457030104 910 21,100 SH   DFND 1 21,100 0 0
INTERCONTINENTAL EXCHANGE COM 45866F104 22,745 379,900 SH   SOLE   379,900 0 0
INTRAWEST RESORTS HLDGS INC COM 46090K109 1,466 58,600 SH   DFND 1 58,600 0 0
INVESTORS BANCORP INC COM 46146L101 1,114 77,500 SH   DFND 1 77,500 0 0
JACK IN THE BOX INC COM 466367109 1,149 11,300 SH   DFND 1 11,300 0 0
JOHNSON & JOHNSON COM 478160104 7,971 64,000 SH   SOLE   64,000 0 0
JPMORGAN CHASE & CO COM 46625H100 15,653 178,200 SH   SOLE   178,200 0 0
KAISER ALUMINUM CORP COM PAR $0.01 483007704 1,079 13,500 SH   DFND 1 13,500 0 0
KAPSTONE PAPER & PACKAGING COM 48562P103 1,076 46,600 SH   DFND 1 46,600 0 0
KIRKLANDS INC COM 497498105 1,087 87,700 SH   DFND 1 87,700 0 0
LAM RESEARCH CORP COM 512807108 16,379 127,600 SH   SOLE   127,600 0 0
LANNET INC COM 516012101 650 29,100 SH   DFND 1 29,100 0 0
LITHIA MTRS INC CL A 536797103 1,011 11,800 SH   DFND 1 11,800 0 0
LOWES COS INC COM 548661107 24,531 298,400 SH   SOLE   298,400 0 0
LYDALL INC DEL COM 550819106 1,083 20,200 SH   DFND 1 20,200 0 0
LYONDELLBASELL INDUSTRIES N SHS - A - N53745100 16,961 186,000 SH   SOLE   186,000 0 0
MAGNA INTL INC COM 559222401 10,876 252,000 SH   SOLE   252,000 0 0
MARATHON PETE CORP COM 56585A102 6,328 125,200 SH   SOLE   125,200 0 0
MARRIOTT VACATIONS WORLDWID COM 57164Y107 1,469 14,700 SH   DFND 1 14,700 0 0
MASIMO CORP COM 574795100 1,184 12,700 SH   DFND 1 12,700 0 0
MASTERCARD INC CL A 57636Q104 21,032 187,000 SH   SOLE   187,000 0 0
MERCK & CO INC NEW COM 58933Y105 22,334 351,500 SH   SOLE   351,500 0 0
MICROSOFT CORP COM 594918104 55,112 836,800 SH   SOLE   836,800 0 0
MINERALS TECHNOLOGIES INC COM 603158106 958 12,500 SH   DFND 1 12,500 0 0
MKS INSTRUMENT INC COM 55306N104 942 13,700 SH   DFND 1 13,700 0 0
NATIONAL HEALTH INVS INC COM 63633D104 995 13,700 SH   DFND 1 13,700 0 0
NELNET INC CL A 64031N108 1,009 23,000 SH   DFND 1 23,000 0 0
NEUSTAR INC CL A 64126X201 1,137 34,300 SH   DFND 1 34,300 0 0
NEWPARK RES INC COM PAR $.01NEW 651718504 829 102,400 SH   DFND 1 102,400 0 0
NEXTERA ENERGY INC COM 65339F101 14,352 111,800 SH   SOLE   111,800 0 0
NIC INC COM 62914B100 859 42,500 SH   DFND 1 42,500 0 0
NXSTAGE MEDICAL INC COM 67072V103 1,100 41,000 SH   DFND 1 41,000 0 0
OASIS PETE INC NEW COM 674215108 920 64,500 SH   DFND 1 64,500 0 0
ORACLE CORP COM 68389X105 5,451 122,200 SH   SOLE   122,200 0 0
ORASURE TECHNOLOGIES INC COM 68554V108 1,117 86,400 SH   DFND 1 86,400 0 0
PAREXEL INTL CORP COM 699462107 844 13,376 SH   DFND 1 13,376 0 0
PARKER HANNIFIN CORP COM 701094104 16,577 103,400 SH   SOLE   103,400 0 0
PARTY CITY HOLDCO INC COM 702149105 1,190 84,700 SH   DFND 1 84,700 0 0
PEBBLEBROOK HOTEL TR COM 70509V100 1,031 35,300 SH   DFND 1 35,300 0 0
PENN NATL GAMING INC COM 707569109 1,426 77,400 SH   DFND 1 77,400 0 0
PENNYMAC MTG INVT TR COM 70931T103 1,189 67,000 SH   DFND 1 67,000 0 0
PEPSICO INC COM 713448108 25,773 230,400 SH   SOLE   230,400 0 0
PFIZER INC COM 717081103 24,048 702,940 SH   SOLE   702,940 0 0
PHILIP MORRIS INTL INC COM 718172109 36,501 323,300 SH   SOLE   323,300 0 0
PHOTRONICS INC COM 719405102 662 61,900 SH   DFND 1 61,900 0 0
PINNACLE WEST CAP CORP COM 723484101 11,715 140,500 SH   SOLE   140,500 0 0
PIPER JAFFRAY COS COM 724078100 977 15,300 SH   DFND 1 15,300 0 0
POLYONE CORP COM 73179P106 1,101 32,300 SH   DFND 1 32,300 0 0
PORTLAND GEN ELEC CO COM NEW 736508847 1,142 25,700 SH   DFND 1 25,700 0 0
POST HLDGS INC COM 737446104 9,846 112,500 SH   SOLE   112,500 0 0
PRICELINE GRP INC COM NEW 741503403 18,334 10,300 SH   SOLE   10,300 0 0
PROCTER & GAMBLE CO COM 742718109 11,847 131,850 SH   SOLE   131,850 0 0
PROGRESS SOFTWARE CORP COM 743312100 964 33,200 SH   DFND 1 33,200 0 0
PROLOGIS INC COM 74340W103 12,519 241,300 SH   SOLE   241,300 0 0
PRUDENTIAL FINL INC COM 744320102 13,804 129,400 SH   SOLE   129,400 0 0
RADNET INC COM 750491102 1,139 193,100 SH   DFND 1 193,100 0 0
REPLIGEN CORP COM 759916109 732 20,800 SH   DFND 1 20,800 0 0
RESOURCES CONNECTION INC COM 76122Q105 1,099 65,600 SH   DFND 1 65,600 0 0
RLJ LODGING TR COM 74965L101 1,023 43,500 SH   DFND 1 43,500 0 0
RSP PERMIAN INC COM 74978Q105 829 20,000 SH   DFND 1 20,000 0 0
SALESFORCE COM INC COM 79466L302 16,514 200,200 SH   SOLE   200,200 0 0
SANMINA CORPORATION COM 801056102 1,531 37,700 SH   DFND 1 37,700 0 0
SBA COMMUNICATIONS CORP COM 78388J106 9,341 77,600 SH   SOLE   77,600 0 0
SCHNITZER STL INDS CL A 806882106 838 40,600 SH   DFND 1 40,600 0 0
SELECT SECTOR SPDR TR SBI CONS STPLS 81369Y308 2,320 42,515 SH   SOLE   42,515 0 0
SELECT SECTOR SPDR TR SBI HEALTHCARE 81369Y209 17,356 233,400 SH   SOLE   233,400 0 0
SHUTTERSTOCK INC COM 825690100 922 22,300 SH   DFND 1 22,300 0 0
SIGMA DESIGNS INC COM 826565103 917 146,700 SH   DFND 1 146,700 0 0
SIMON PPTY GROUP INC NEW COM 828806109 13,246 77,000 SH   SOLE   77,000 0 0
SINCLAIR BROADCAST GROUP IN CL A 829226109 1,138 28,100 SH   DFND 1 28,100 0 0
SOUTHWEST GAS CORP COM 844895102 1,219 14,700 SH   DFND 1 14,700 0 0
SPECTRUM BRANDS HLDGS INC COM 84763R101 8,160 58,700 SH   SOLE   58,700 0 0
SPX CORP COM 784635104 1,227 50,600 SH   DFND 1 50,600 0 0
STARBUCKS CORP COM 855244109 14,673 251,300 SH   SOLE   251,300 0 0
STIFEL FINL CORP COM 860630102 1,169 23,300 SH   DFND 1 23,300 0 0
SUCAMPO PHARMACEUTICALS INC CL A 864909106 587 53,400 SH   DFND 1 53,400 0 0
SUNTRUST BKS INC COM 867914103 20,909 378,100 SH   SOLE   378,100 0 0
TAKE-TWO INTERACTIVE SOFTWAR COM 874054109 1,233 20,800 SH   DFND 1 20,800 0 0
TECH DATA CORP COM 878237106 1,333 14,200 SH   DFND 1 14,200 0 0
TETRA TECH INC NEW COM 88162G103 1,266 31,000 SH   DFND 1 31,000 0 0
TEXAS CAPITAL BANCSHARES INC COM 88224Q107 1,277 15,300 SH   DFND 1 15,300 0 0
THERMO FISHER SCIENTIFIC INC COM 883556102 22,333 145,400 SH   SOLE   145,400 0 0
TIME INC NEW COM 887228104 1,099 56,800 SH   DFND 1 56,800 0 0
TRAVELPORT WORLDWIDE LTD SHS G9019D104 811 68,900 SH   DFND 1 68,900 0 0
TRINSEO S A SHS L9340P101 1,074 16,000 SH   DFND 1 16,000 0 0
TTM TECHNOLOGIES INC COM 87305R109 1,523 94,400 SH   DFND 1 94,400 0 0
UNION PAC CORP COM 907818108 29,446 278,000 SH   SOLE   278,000 0 0
UNITED CMNTY BKS BLAIRSVLE COM 90984P303 1,138 41,100 SH   DFND 1 41,100 0 0
VERIZON COMMUNICATIONS INC COM 92343V104 18,964 389,000 SH   SOLE   389,000 0 0
VISA INC COM CL A 92826C839 28,616 322,000 SH   SOLE   322,000 0 0
WALKER & DUNLOP INC COM 93148P102 1,171 28,100 SH   DFND 1 28,100 0 0
WAL-MART STORES INC COM 931142103 21,076 292,400 SH   SOLE   292,400 0 0
WATERS CORP COM 941848103 9,722 62,200 SH   SOLE   62,200 0 0
WEBMD HEALTH CORP COM 94770V102 1,048 19,900 SH   DFND 1 19,900 0 0
WEBSTER FINL CORP CONN COM 947890109 1,116 22,300 SH   DFND 1 22,300 0 0
WELLCARE HEALTH PLANS INC COM 94946T106 1,304 9,300 SH   DFND 1 9,300 0 0
WELLS FARGO & CO NEW COM 949746101 42,374 761,300 SH   SOLE   761,300 0 0
WEST CORP COM 952355204 1,219 49,900 SH   DFND 1 49,900 0 0
WESTERN REFNG INC COM 959319104 887 25,300 SH   DFND 1 25,300 0 0
XENCOR INC COM 98401F105 672 28,100 SH   DFND 1 28,100 0 0
ZUMIEZ INC COM 989817101 917 50,100 SH   DFND 1 50,100 0 0