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

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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
GAP, INC. COM 364760108 82,326 3,389,284 SH   DFND   0 0 3,389,284
ISHARES MSCI ACWI ETF 464288257 943 14,900 SH   DFND   0 0 14,900
GOLDMAN SACHS GROUP, INC.(THE) CMN (GS) COM 38141G104 574 2,500 SH   DFND   0 0 2,500
LIBERTY GLOBAL, PLC. CMN CLASS C CMN CLASS C G5480U120 213 6,075 SH   DFND   0 0 6,075
SPDR S&P GL NAT RESOURCES GLB NAT RESRCE 78463X541 901 21,181 SH   DFND   0 0 21,181
VANGUARD ENERGY ENERGY ETF 92204A306 1,486 15,366 SH   DFND   0 0 15,366
Momo Inc., ADR 60879B107 376 10,596 SH   DFND   0 0 10,596