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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
GAP INC DEL COM 364760108 115,439 3,389,284 SH   DFND 1 0 0 3,389,284
VANGUARD WORLD FDS ENERGY ETF 92204A306 457 4,616 SH   DFND   0 0 4,616
ISHARES TR MSCI ACWI ETF 464288257 562 7,800 SH   DFND   0 0 7,800
GOLDMAN SACHS GROUP INC COM 38141G104 637 2,500 SH   DFND   0 0 2,500
SCHWAB CHARLES CORP NEW COM 808513105 4,215 82,060 SH   DFND   0 0 82,060