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
ADVANCED MICRO DEVICES INC COM 007903107 492 6,000 SH   SOLE   6,000 0 0
ALPHABET INC CAP STK CL A 02079K305 3,371 2,300 SH   SOLE   2,300 0 0
ALPS ETF TR ALERIAN MLP 00162Q452 5,994 300,000 SH   SOLE   300,000 0 0
AMAZON COM INC COM 023135106 1,574 500 SH   SOLE   500 0 0
AMERICAN AIRLS GROUP INC COM 02376R102 1,143 93,000 SH   SOLE   93,000 0 0
APPLE INC COM 037833100 5,791 50,000 SH   SOLE   50,000 0 0
AT&T INC COM 00206R102 7,156 251,000 SH   SOLE   251,000 0 0
BARCLAYS PLC ADR 06738E204 6,538 1,305,000 SH   SOLE   1,305,000 0 0
BK OF AMERICA CORP COM 060505104 7,107 295,000 SH   SOLE   295,000 0 0
BLACKSTONE GROUP INC COM CL A 09260D107 887 17,000 SH   SOLE   17,000 0 0
BOEING CO COM 097023105 8,428 51,000 SH   SOLE   51,000 0 0
BP PLC SPONSORED ADR 055622104 7,071 405,000 SH   SOLE   405,000 0 0
CHEVRON CORP NEW COM 166764100 7,200 100,000 SH   SOLE   100,000 0 0
CIGNA CORP NEW COM 125523100 1,033 6,100 SH   SOLE   6,100 0 0
CISCO SYS INC COM 17275R102 1,970 50,000 SH   SOLE   50,000 0 0
CITIGROUP INC COM NEW 172967424 7,113 165,000 SH   SOLE   165,000 0 0
CVS HEALTH CORP COM 126650100 1,518 26,000 SH   SOLE   26,000 0 0
DELTA AIR LINES INC DEL COM NEW 247361702 1,468 48,000 SH   SOLE   48,000 0 0
DISNEY WALT CO COM DISNEY 254687106 1,489 12,000 SH   SOLE   12,000 0 0
EXXON MOBIL CORP COM 30231G102 7,003 204,000 SH   SOLE   204,000 0 0
FEDEX CORP COM 31428X106 2,264 9,000 SH   SOLE   9,000 0 0
FORD MTR CO DEL COM 345370860 6,660 1,000,000 SH   SOLE   1,000,000 0 0
GENERAL ELECTRIC CO COM 369604103 4,361 700,000 SH   SOLE   700,000 0 0
GENERAL MTRS CO COM 37045V100 3,107 105,000 SH   SOLE   105,000 0 0
INTEL CORP COM 458140100 1,036 20,000 SH   SOLE   20,000 0 0
INTERNATIONAL BUSINESS MACHS COM 459200101 3,163 26,000 SH   SOLE   26,000 0 0
INTUITIVE SURGICAL INC COM NEW 46120E602 284 400 SH   SOLE   400 0 0
ISHARES INC MSCI GBL ETF NEW 46434G848 402 15,000 SH   SOLE   15,000 0 0
ISHARES SILVER TR ISHARES 46428Q109 201 9,300 SH   SOLE   9,300 0 0
ISHARES TR CORE US AGGBD ET 464287226 87,282 739,300 SH   SOLE   739,300 0 0
ISHARES TR U.S. REAL ES ETF 464287739 758 9,500 SH   SOLE   9,500 0 0
ISHARES TR US HOME CONS ETF 464288752 753 13,300 SH   SOLE   13,300 0 0
JOHNSON & JOHNSON COM 478160104 3,499 23,500 SH   SOLE   23,500 0 0
JPMORGAN CHASE & CO COM 46625H100 7,220 75,000 SH   SOLE   75,000 0 0
MACYS INC COM 55616P104 5,700 1,000,000 SH   SOLE   1,000,000 0 0
MASTERCARD INCORPORATED CL A 57636Q104 1,353 4,000 SH   SOLE   4,000 0 0
MEDTRONIC PLC SHS G5960L103 260 2,500 SH   SOLE   2,500 0 0
MERCK & CO. INC COM 58933Y105 2,489 30,000 SH   SOLE   30,000 0 0
MICROSOFT CORP COM 594918104 5,048 24,000 SH   SOLE   24,000 0 0
NEXTERA ENERGY INC COM 65339F101 278 1,000 SH   SOLE   1,000 0 0
NORDSTROM INC COM 655664100 6,556 550,000 SH   SOLE   550,000 0 0
NVIDIA CORPORATION COM 67066G104 541 1,000 SH   SOLE   1,000 0 0
PALO ALTO NETWORKS INC COM 697435105 220 900 SH   SOLE   900 0 0
PAYPAL HLDGS INC COM 70450Y103 650 3,300 SH   SOLE   3,300 0 0
QUALCOMM INC COM 747525103 518 4,400 SH   SOLE   4,400 0 0
REGENERON PHARMACEUTICALS COM 75886F107 224 400 SH   SOLE   400 0 0
ROYAL DUTCH SHELL PLC SPON ADR B 780259107 7,024 290,000 SH   SOLE   290,000 0 0
SALESFORCE COM INC COM 79466L302 679 2,700 SH   SOLE   2,700 0 0
SELECT SECTOR SPDR TR SBI INT-UTILS 81369Y886 208 3,500 SH   SOLE   3,500 0 0
SELECT SECTOR SPDR TR SBI MATERIALS 81369Y100 401 6,300 SH   SOLE   6,300 0 0
SIMON PPTY GROUP INC NEW COM 828806109 2,717 42,000 SH   SOLE   42,000 0 0
SOUTHWEST AIRLS CO COM 844741108 1,388 37,000 SH   SOLE   37,000 0 0
SPDR GOLD TR GOLD SHS 78463V107 390 2,200 SH   SOLE   2,200 0 0
SPDR INDEX SHS FDS DJ INTL RL ETF 78463X863 401 13,500 SH   SOLE   13,500 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 1,005 3,000 SH   SOLE   3,000 0 0
SPDR SER TR S&P METALS MNG 78464A755 402 17,300 SH   SOLE   17,300 0 0
SPDR SER TR S&P OILGAS EXP 78468R556 6,100 145,000 SH   SOLE   145,000 0 0
STRYKER CORPORATION COM 863667101 250 1,200 SH   SOLE   1,200 0 0
TARGET CORP COM 87612E106 2,597 16,500 SH   SOLE   16,500 0 0
TESLA INC COM 88160R101 1,030 2,400 SH   SOLE   2,400 0 0
THERMO FISHER SCIENTIFIC INC COM 883556102 309 700 SH   SOLE   700 0 0
UBS GROUP AG SHS H42097107 1,929 173,000 SH   SOLE   173,000 0 0
UNION PAC CORP COM 907818108 630 3,200 SH   SOLE   3,200 0 0
UNITED AIRLS HLDGS INC COM 910047109 2,502 72,000 SH   SOLE   72,000 0 0
UNITEDHEALTH GROUP INC COM 91324P102 1,278 4,100 SH   SOLE   4,100 0 0
VANECK VECTORS ETF TR GOLD MINERS ETF 92189F106 403 10,300 SH   SOLE   10,300 0 0
VISA INC COM CL A 92826C839 1,260 6,300 SH   SOLE   6,300 0 0
WELLS FARGO CO NEW COM 949746101 7,053 300,000 SH   SOLE   300,000 0 0