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
AMERICAN ASSETS TRUST COMMON STOCK 024013104 210,968 5,299,382 SH   SOLE 0 5,299,382 0 0
APACHE CORP COMMON STOCK 037411105 1,166 18,600 SH   SOLE 0 18,600 0 0
BAKER HUGHES COMMON STOCK 057224107 516 9,200 SH   SOLE 0 9,200 0 0
PETROLEO BRASILEIRO SA COMMON STOCK 71654V101 146 20,000 SH   SOLE 0 20,000 0 0
WELLS FARGO & CO COMMON STOCK 949746101 96,043 1,751,961 SH   SOLE 0 1,751,961 0 0