0001140361-12-046687.txt : 20121113 0001140361-12-046687.hdr.sgml : 20121112 20121113105836 ACCESSION NUMBER: 0001140361-12-046687 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20120930 FILED AS OF DATE: 20121113 DATE AS OF CHANGE: 20121113 EFFECTIVENESS DATE: 20121113 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CAISSE DE DEPOT ET PLACEMENT DU QUEBEC CENTRAL INDEX KEY: 0000898286 IRS NUMBER: 000000000 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-12476 FILM NUMBER: 121196783 BUSINESS ADDRESS: STREET 1: 1000 PLACE JEAN-PAUL RIOPELLE CITY: MONTREAL STATE: A8 ZIP: H2Z2B3 BUSINESS PHONE: 514 847-2353 MAIL ADDRESS: STREET 1: 1000 PLACE JEAN-PAUL RIOPELLE CITY: MONTREAL STATE: A8 ZIP: H2Z2B3 13F-HR 1 form13fhr.txt NONE UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F Form 13F COVER PAGE Report for the Calendar Year or Quarter Ended: 9/30/2012 Check here if Amendment []; Amendment Number: ------- This Amendment (Check only one.): [] is a restatement. [] adds new holdings entries. Institutional Investment Manager Filing this Report: Name: Caisse de depot et placement du Quebec Address: 1000, place Jean-Paul-Riopelle Montreal, Quebec, H2Z 2B3 Form 13F File Number: 28-12476 The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this submission. Persons Signing this Report on Behalf of Reporting Manager: Name: Soulef Hadjoudj Title: Legal Counsel Phone: 514 847-5998 Signature, Place, and Date of Signing: /s/ Soulef Hadjoudj Montreal, Quebec 11/13/2012 --------------------------------- --------------------------------- ---------- [Signature] [City, State] [Date] Report Type (Check only one): [X] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.) [ ] 13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).) [ ] 13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).) List of Other Managers Reporting for this Manager: Form 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 Form 13F Information Table Entry Total: 831 Form 13F Information Table Value Total: $ 30,715,255 -------------- (In Thousands) List of Other Included Managers: Provide a numbered list of the name(s) and 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report. NONE

FORM 13F INFORMATION TABLE 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 MANAGERS SOLE SHARED NONE --------------------------------------- ----------------- --------- -------- --------- --- ---- ---------- -------- ---- ------ ---- 3M Co COMMON 88579Y101 64398 696800 SH SOLE NONE X 0 0 Abbott Laboratories COMMON 002824100 113343 1653200 SH SOLE NONE X 0 0 Abercrombie & Fitch Co COMMON 002896207 3168 93400 SH SOLE NONE X 0 0 Accenture PLC COMMON G1151C101 34945 499000 SH SOLE NONE X 0 0 Accuray Inc COMMON 004397105 6372 900000 SH SOLE NONE X 0 0 ACE Ltd COMMON H0023R105 35018 463200 SH SOLE NONE X 0 0 Achillion Pharmaceuticals Inc COMMON 00448Q201 3268 313954 SH SOLE NONE X 0 0 Activision Blizzard Inc COMMON 00507V109 1512 134000 SH SOLE NONE X 0 0 Actuant Corp COMMON 00508X203 9445 330000 SH SOLE NONE X 0 0 Adobe Systems Inc COMMON 00724F101 17295 532800 SH SOLE NONE X 0 0 Advance Auto Parts Inc COMMON 00751Y106 1738 25400 SH SOLE NONE X 0 0 Advanced Micro Devices Inc COMMON 007903107 2010 596500 SH SOLE NONE X 0 0 AES Corp/VA COMMON 00130H105 8359 762000 SH SOLE NONE X 0 0 Aetna Inc COMMON 00817Y108 14074 355400 SH SOLE NONE X 0 0 Affiliated Managers Group Inc COMMON 008252108 5670 46100 SH SOLE NONE X 0 0 Aflac Inc COMMON 001055102 19626 409900 SH SOLE NONE X 0 0 AGCO Corp COMMON 001084102 1600 33700 SH SOLE NONE X 0 0 Agilent Technologies Inc COMMON 00846U101 14092 366500 SH SOLE NONE X 0 0 AGL Resources Inc COMMON 001204106 3745 91554 SH SOLE NONE X 0 0 Agrium Inc COMMON 008916108 121902 1175938 SH SOLE NONE X 0 0 Air Products & Chemicals Inc COMMON 009158106 20799 251500 SH SOLE NONE X 0 0 Airgas Inc COMMON 009363102 6214 75500 SH SOLE NONE X 0 0 Akamai Technologies Inc COMMON 00971T101 6806 177900 SH SOLE NONE X 0 0 Alaska Air Group Inc COMMON 011659109 5960 170000 SH SOLE NONE X 0 0 Albemarle Corp COMMON 012653101 1549 29400 SH SOLE NONE X 0 0 Alcatel-Lucent ADR 013904305 163 148442 SH SOLE NONE X 0 0 Alcoa Inc COMMON 013817101 11223 1268100 SH SOLE NONE X 0 0 Alcoa Inc NOTE 013817AT8 10573 7060000 PRN SOLE NONE X 0 0 Alexion Pharmaceuticals Inc COMMON 015351109 23214 202920 SH SOLE NONE X 0 0 Allegheny Technologies Inc COMMON 01741R102 3735 117100 SH SOLE NONE X 0 0 Allegheny Technologies Inc NOTE 01741RAD4 5959 5520000 PRN SOLE NONE X 0 0 Allergan Inc COMMON 018490102 86671 946400 SH SOLE NONE X 0 0 Alliance Data Systems Corp COMMON 018581108 1590 11200 SH SOLE NONE X 0 0 Alliant Energy Corp COMMON 018802108 1671 38500 SH SOLE NONE X 0 0 Allied World Assurance Co Holdings AG COMMON H01531104 4720 61100 SH SOLE NONE X 0 0 Allstate Corp/The COMMON 020002101 22728 573800 SH SOLE NONE X 0 0 Alpha Natural Resources Inc COMMON 02076X102 1128 171713 SH SOLE NONE X 0 0 Altera Corp COMMON 021441100 3840 113000 SH SOLE NONE X 0 0 Altria Group Inc COMMON 02209S103 81872 2452000 SH SOLE NONE X 0 0 Amazon.com Inc COMMON 023135106 99592 391600 SH SOLE NONE X 0 0 Ameren Corp COMMON 023608102 8925 273200 SH SOLE NONE X 0 0 American Capital Agency Corp REIT 02503X105 2062 59600 SH SOLE NONE X 0 0 American Eagle Outfitters Inc COMMON 02553E106 6324 300000 SH SOLE NONE X 0 0 American Electric Power Co Inc COMMON 025537101 25683 584500 SH SOLE NONE X 0 0 American Equity Investment Life Holding COMMON 025676206 1396 120000 SH SOLE NONE X 0 0 American Express Co COMMON 025816109 96184 1691600 SH SOLE NONE X 0 0 American Financial Group Inc/OH COMMON 025932104 2893 76340 SH SOLE NONE X 0 0 American International Group Inc COMMON 026874784 44043 1343174 SH SOLE NONE X 0 0 American Tower Corp REIT 03027X100 29213 409200 SH SOLE NONE X 0 0 American Water Works Co Inc COMMON 030420103 2268 61200 SH SOLE NONE X 0 0 Ameriprise Financial Inc COMMON 03076C106 12494 220400 SH SOLE NONE X 0 0 AmerisourceBergen Corp COMMON 03073E105 9488 245100 SH SOLE NONE X 0 0 AMETEK Inc COMMON 031100100 20686 583525 SH SOLE NONE X 0 0 Amgen Inc COMMON 031162100 68569 813200 SH SOLE NONE X 0 0 Amgen Inc NOTE 031162AQ3 535116 480000000 PRN SOLE NONE X 0 0 Amphenol Corp COMMON 032095101 9509 161500 SH SOLE NONE X 0 0 Anadarko Petroleum Corp COMMON 032511107 56677 810600 SH SOLE NONE X 0 0 Analog Devices Inc COMMON 032654105 11722 299100 SH SOLE NONE X 0 0 Annaly Capital Management Inc REIT 035710409 4210 250000 SH SOLE NONE X 0 0 Annie's Inc COMMON 03600T104 1211 27000 SH SOLE NONE X 0 0

FORM 13F INFORMATION TABLE 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 MANAGERS SOLE SHARED NONE --------------------------------------- ----------------- --------- -------- --------- --- ---- ---------- -------- ---- ------ ---- Aon PLC COMMON G0408V102 13632 260700 SH SOLE NONE X 0 0 Apache Corp COMMON 037411105 29291 338740 SH SOLE NONE X 0 0 Apartment Investment & Management Co REIT 03748R101 2298 88400 SH SOLE NONE X 0 0 Apollo Group Inc COMMON 037604105 3361 115700 SH SOLE NONE X 0 0 Apple Inc COMMON 037833100 675534 1012400 SH SOLE NONE X 0 0 Applied Materials Inc COMMON 038222105 15083 1350900 SH SOLE NONE X 0 0 Archer-Daniels-Midland Co COMMON 039483102 21584 794100 SH SOLE NONE X 0 0 Arrow Electronics Inc COMMON 042735100 836 24800 SH SOLE NONE X 0 0 Arthur J Gallagher & Co COMMON 363576109 2149 60000 SH SOLE NONE X 0 0 Assurant Inc COMMON 04621X108 2921 78300 SH SOLE NONE X 0 0 AT&T Inc COMMON 00206R102 263764 6996400 SH SOLE NONE X 0 0 Atmel Corp COMMON 049513104 5523 1050000 SH SOLE NONE X 0 0 Autodesk Inc COMMON 052769106 7605 227900 SH SOLE NONE X 0 0 Autoliv Inc COMMON 052800109 2047 33040 SH SOLE NONE X 0 0 Automatic Data Processing Inc COMMON 053015103 30802 525100 SH SOLE NONE X 0 0 AutoNation Inc COMMON 05329W102 1314 30100 SH SOLE NONE X 0 0 AutoZone Inc COMMON 053332102 51902 140400 SH SOLE NONE X 0 0 Avago Technologies Ltd COMMON Y0486S104 1792 51400 SH SOLE NONE X 0 0 AvalonBay Communities Inc REIT 053484101 11926 87700 SH SOLE NONE X 0 0 Avery Dennison Corp COMMON 053611109 3643 114500 SH SOLE NONE X 0 0 Avis Budget Group Inc NOTE 053774AB1 7227 5920000 PRN SOLE NONE X 0 0 Avnet Inc COMMON 053807103 934 32100 SH SOLE NONE X 0 0 Avon Products Inc COMMON 054303102 8308 520900 SH SOLE NONE X 0 0 Axis Capital Holdings Ltd COMMON G0692U109 719 20600 SH SOLE NONE X 0 0 B/E Aerospace Inc COMMON 073302101 15998 380000 SH SOLE NONE X 0 0 Baker Hughes Inc COMMON 057224107 17767 392809 SH SOLE NONE X 0 0 Ball Corp COMMON 058498106 7176 169600 SH SOLE NONE X 0 0 Bank of America Corp COMMON 060505104 101234 11464800 SH SOLE NONE X 0 0 Bank of New York Mellon Corp, The COMMON 064058100 24810 1096800 SH SOLE NONE X 0 0 Banque de Nouvelle-Ecosse, La COMMON 064149107 93922 1713927 SH SOLE NONE X 0 0 Banque Toronto-Dominion, La COMMON 891160509 236626 2839716 SH SOLE NONE X 0 0 Baxter International Inc COMMON 071813109 46617 773600 SH SOLE NONE X 0 0 Baytex Energy Corp COMMON 07317Q105 1934 40724 SH SOLE NONE X 0 0 BB&T Corp COMMON 054937107 24018 724300 SH SOLE NONE X 0 0 Beam Inc COMMON 073730103 9926 172500 SH SOLE NONE X 0 0 Becton Dickinson and Co COMMON 075887109 9498 120900 SH SOLE NONE X 0 0 Bed Bath & Beyond Inc COMMON 075896100 17646 280100 SH SOLE NONE X 0 0 Bemis Co Inc COMMON 081437105 2533 80500 SH SOLE NONE X 0 0 Berkshire Hathaway Inc COMMON 084670702 149226 1691900 SH SOLE NONE X 0 0 Best Buy Co Inc COMMON 086516101 5296 308100 SH SOLE NONE X 0 0 Big Lots Inc COMMON 089302103 1373 46400 SH SOLE NONE X 0 0 Bill Barrett Corp COMMON 06846N104 3805 153600 SH SOLE NONE X 0 0 Biogen Idec Inc COMMON 09062X103 36752 246278 SH SOLE NONE X 0 0 BioMimetic Therapeutics Inc COMMON 09064X101 1767 430000 SH SOLE NONE X 0 0 BlackRock Inc COMMON 09247X101 23821 133600 SH SOLE NONE X 0 0 BMC Software Inc COMMON 055921100 6207 149600 SH SOLE NONE X 0 0 Boeing Co/The COMMON 097023105 49486 710800 SH SOLE NONE X 0 0 BorgWarner Inc COMMON 099724106 8908 128900 SH SOLE NONE X 0 0 Boston Properties Inc NOTE 10112RAG9 5331 4600000 PRN SOLE NONE X 0 0 Boston Properties Inc REIT 101121101 17244 155900 SH SOLE NONE X 0 0 Boston Scientific Corp COMMON 101137107 8590 1496600 SH SOLE NONE X 0 0 Bristol-Myers Squibb Co COMMON 110122108 65651 1945200 SH SOLE NONE X 0 0 Broadcom Corp COMMON 111320107 19054 551000 SH SOLE NONE X 0 0 Brookfield Office Properties Inc COMMON 112900105 328165 19761177 SH SOLE NONE X 0 0 Brown-Forman Corp COMMON 115637209 12650 193867 SH SOLE NONE X 0 0 Bunge Ltd COMMON G16962105 3393 50600 SH SOLE NONE X 0 0 CA Inc COMMON 12673P105 6864 266400 SH SOLE NONE X 0 0 Cablevision Systems Corp COMMON 12686C109 3725 235000 SH SOLE NONE X 0 0 Cabot Oil & Gas Corp COMMON 127097103 9829 218900 SH SOLE NONE X 0 0 Cadence Design Systems Inc NOTE 127387AJ7 9835 5540000 PRN SOLE NONE X 0 0

FORM 13F INFORMATION TABLE 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 MANAGERS SOLE SHARED NONE --------------------------------------- ----------------- --------- -------- --------- --- ---- ---------- -------- ---- ------ ---- CAE Inc COMMON 124765108 27937 2610494 SH SOLE NONE X 0 0 Calix Inc COMMON 13100M509 3520 550000 SH SOLE NONE X 0 0 Calpine Corp COMMON 131347304 1882 108800 SH SOLE NONE X 0 0 Camden Property Trust REIT 133131102 916 14200 SH SOLE NONE X 0 0 Cameco Corp COMMON 13321L108 209310 10754585 SH SOLE NONE X 0 0 Camelot Information Systems Inc ADR 13322V105 627 350000 SH SOLE NONE X 0 0 Cameron International Corp COMMON 13342B105 14393 256700 SH SOLE NONE X 0 0 Canadian Natural Resources Limited COMMON 136385101 243469 7898508 SH SOLE NONE X 0 0 Capital One Financial Corporation COMMON 14040H105 37746 662100 SH SOLE NONE X 0 0 Cardinal Health Inc COMMON 14149Y108 20479 525500 SH SOLE NONE X 0 0 CareFusion Corp COMMON 14170T101 6129 215900 SH SOLE NONE X 0 0 CarMax Inc COMMON 143130102 7276 257100 SH SOLE NONE X 0 0 Carnival Corp COMMON 143658300 19652 539300 SH SOLE NONE X 0 0 Catamaran Corp COMMON 148887102 2575 26300 SH SOLE NONE X 0 0 Caterpillar Inc COMMON 149123101 67748 787400 SH SOLE NONE X 0 0 CBRE Group Inc COMMON 12504L109 5350 290600 SH SOLE NONE X 0 0 CBS Corp COMMON 124857202 26223 721800 SH SOLE NONE X 0 0 Celanese Corp COMMON 150870103 1952 51500 SH SOLE NONE X 0 0 Celgene Corp COMMON 151020104 34882 456575 SH SOLE NONE X 0 0 Cenovus Energy Inc COMMON 15135U109 286087 8204477 SH SOLE NONE X 0 0 CenterPoint Energy Inc COMMON 15189T107 20742 973800 SH SOLE NONE X 0 0 CenterPoint Energy Inc LISTED OPTION 15189T107 37 2755 SH CALL SOLE NONE X 0 0 CenturyLink Inc COMMON 156700106 30307 750182 SH SOLE NONE X 0 0 Cerner Corp COMMON 156782104 10949 141440 SH SOLE NONE X 0 0 CF Industries Holdings Inc COMMON 125269100 15660 70465 SH SOLE NONE X 0 0 CH Robinson Worldwide Inc COMMON 12541W209 11429 195200 SH SOLE NONE X 0 0 Charles Schwab Corp/The COMMON 808513105 13195 1031700 SH SOLE NONE X 0 0 Chart Industries Inc NOTE 16115QAC4 9302 7060000 PRN SOLE NONE X 0 0 Charter Communications Inc COMMON 16117M305 1028 13700 SH SOLE NONE X 0 0 Chesapeake Energy Corp COMMON 165167107 6254 331400 SH SOLE NONE X 0 0 Chevron Corp COMMON 166764100 256980 2204700 SH SOLE NONE X 0 0 Chipotle Mexican Grill Inc COMMON 169656105 11343 35720 SH SOLE NONE X 0 0 Chubb Corp/The COMMON 171232101 26805 351400 SH SOLE NONE X 0 0 Church & Dwight Co Inc COMMON 171340102 2597 48100 SH SOLE NONE X 0 0 Cia de Minas Buenaventura SA ADR 204448104 20179 517929 SH SOLE NONE X 0 0 Ciena Corp COMMON 171779309 2720 200000 SH SOLE NONE X 0 0 Cigna Corp COMMON 125509109 24222 513500 SH SOLE NONE X 0 0 Cimarex Energy Co COMMON 171798101 1317 22500 SH SOLE NONE X 0 0 Cincinnati Financial Corp COMMON 172062101 2891 76300 SH SOLE NONE X 0 0 Cintas Corp COMMON 172908105 5152 124300 SH SOLE NONE X 0 0 Cisco Systems Inc COMMON 17275R102 119921 6281865 SH SOLE NONE X 0 0 CIT Group Inc COMMON 125581801 4873 123714 SH SOLE NONE X 0 0 Citigroup Inc COMMON 172967424 101695 3108050 SH SOLE NONE X 0 0 Citrix Systems Inc COMMON 177376100 14319 187000 SH SOLE NONE X 0 0 Cliffs Natural Resources Inc COMMON 18683K101 6184 158040 SH SOLE NONE X 0 0 Clorox Co/The COMMON 189054109 11074 153700 SH SOLE NONE X 0 0 CME Group Inc/IL COMMON 12572Q105 18302 319400 SH SOLE NONE X 0 0 CMS Energy Corp COMMON 125896100 7001 297300 SH SOLE NONE X 0 0 Coach Inc COMMON 189754104 52138 930700 SH SOLE NONE X 0 0 Cobalt International Energy Inc COMMON 19075F106 914 41040 SH SOLE NONE X 0 0 Cobalt International Energy Inc COMMON 19075F106 599975 26939795 SH OTHER NONE 0 X 0 Coca-Cola Co, The COMMON 191216100 180137 4749200 SH SOLE NONE X 0 0 Coca-Cola Enterprises Inc COMMON 19122T109 10000 319800 SH SOLE NONE X 0 0 Cognizant Technology Solutions Corp COMMON 192446102 33170 474400 SH SOLE NONE X 0 0 Colgate-Palmolive Co COMMON 194162103 89690 836500 SH SOLE NONE X 0 0 Colony Financial Inc REIT 19624R106 3506 180000 SH SOLE NONE X 0 0 Comcast Corp COMMON 20030N101 106781 2985200 SH SOLE NONE X 0 0 Comcast Corp COMMON 20030N200 8561 246000 SH SOLE NONE X 0 0 Comerica Inc COMMON 200340107 5763 185604 SH SOLE NONE X 0 0 Compagnie des chemins de fer nationaux COMMON 136375102 390985 4422464 SH SOLE NONE X 0 0

FORM 13F INFORMATION TABLE 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 MANAGERS SOLE SHARED NONE --------------------------------------- ----------------- --------- -------- --------- --- ---- ---------- -------- ---- ------ ---- Compagnie Petroliere Imperiale Ltee COMMON 453038408 200029 4349576 SH SOLE NONE X 0 0 Computer Sciences Corp COMMON 205363104 5009 155500 SH SOLE NONE X 0 0 Comstock Resources Inc COMMON 205768203 5146 280000 SH SOLE NONE X 0 0 ConAgra Foods Inc COMMON 205887102 13618 493600 SH SOLE NONE X 0 0 Concho Resources Inc COMMON 20605P101 2464 26005 SH SOLE NONE X 0 0 ConocoPhillips COMMON 20825C104 77650 1358000 SH SOLE NONE X 0 0 CONSOL Energy Inc COMMON 20854P109 7130 237265 SH SOLE NONE X 0 0 Consolidated Edison Inc COMMON 209115104 21153 353200 SH SOLE NONE X 0 0 Constellation Brands Inc COMMON 21036P108 16204 500900 SH SOLE NONE X 0 0 Continental Resources Inc COMMON 212015101 1189 15468 SH SOLE NONE X 0 0 Convergys Corp NOTE 212485AE6 9965 6260000 PRN SOLE NONE X 0 0 Cooper Industries PLC COMMON G24140108 13488 179700 SH SOLE NONE X 0 0 Core Laboratories NV COMMON N22717107 1506 12400 SH SOLE NONE X 0 0 Corning Inc COMMON 219350105 27589 2098000 SH SOLE NONE X 0 0 Costco Wholesale Corp COMMON 22160K105 52235 521700 SH SOLE NONE X 0 0 Coventry Health Care Inc COMMON 222862104 5499 131900 SH SOLE NONE X 0 0 Covidien PLC COMMON G2554F113 44916 755900 SH SOLE NONE X 0 0 CR Bard Inc COMMON 067383109 8644 82600 SH SOLE NONE X 0 0 Credicorp Ltd COMMON G2519Y108 23111 184472 SH SOLE NONE X 0 0 Cree Inc COMMON 225447101 603 23600 SH SOLE NONE X 0 0 Crown Castle International Corp COMMON 228227104 21147 329900 SH SOLE NONE X 0 0 Crown Holdings Inc COMMON 228368106 1801 49000 SH SOLE NONE X 0 0 CSX Corp COMMON 126408103 26012 1253600 SH SOLE NONE X 0 0 Cummins Inc COMMON 231021106 19908 215900 SH SOLE NONE X 0 0 CVS Caremark Corp COMMON 126650100 85369 1763100 SH SOLE NONE X 0 0 Danaher Corp COMMON 235851102 78043 1415100 SH SOLE NONE X 0 0 Darden Restaurants Inc COMMON 237194105 8056 144500 SH SOLE NONE X 0 0 DaVita Inc COMMON 23918K108 8765 84600 SH SOLE NONE X 0 0 DDR Corp NOTE 251591AX1 15866 14240000 PRN SOLE NONE X 0 0 Dean Foods Co COMMON 242370104 2356 144100 SH SOLE NONE X 0 0 Deere & Co COMMON 244199105 38473 466400 SH SOLE NONE X 0 0 Del Frisco's Restaurant Group Inc COMMON 245077102 1043 70000 SH SOLE NONE X 0 0 Dell Inc COMMON 24702R101 15616 1583800 SH SOLE NONE X 0 0 Delphi Automotive PLC COMMON G27823106 3351 108100 SH SOLE NONE X 0 0 Delta Air Lines Inc COMMON 247361702 666 72700 SH SOLE NONE X 0 0 Demand Media Inc COMMON 24802N109 2446 225000 SH SOLE NONE X 0 0 Denbury Resources Inc COMMON 247916208 6585 407495 SH SOLE NONE X 0 0 DENTSPLY International Inc COMMON 249030107 2780 72900 SH SOLE NONE X 0 0 Deutsche Bank AG COMMON D18190898 42193 1066725 SH SOLE NONE X 0 0 Devon Energy Corp COMMON 25179M103 16607 274500 SH SOLE NONE X 0 0 DFC Global Corp COMMON 23324T107 2230 130000 SH SOLE NONE X 0 0 Diamond Offshore Drilling Inc COMMON 25271C102 1836 27900 SH SOLE NONE X 0 0 Dick's Sporting Goods Inc COMMON 253393102 16711 322300 SH SOLE NONE X 0 0 Digital Realty Trust Inc REIT 253868103 1488 21300 SH SOLE NONE X 0 0 DIRECTV COMMON 25490A309 40321 768600 SH SOLE NONE X 0 0 Discover Financial Services COMMON 254709108 25046 630400 SH SOLE NONE X 0 0 Discovery Communications Inc COMMON 25470F104 14504 243239 SH SOLE NONE X 0 0 Discovery Communications Inc COMMON 25470F302 1989 35500 SH SOLE NONE X 0 0 DISH Network Corp COMMON 25470M109 2758 90100 SH SOLE NONE X 0 0 Dolby Laboratories Inc COMMON 25659T107 347 10600 SH SOLE NONE X 0 0 Dollar General Corp COMMON 256677105 8859 171886 SH SOLE NONE X 0 0 Dollar Tree Inc COMMON 256746108 12547 259900 SH SOLE NONE X 0 0 Dominion Resources Inc COMMON 25746U109 47143 890500 SH SOLE NONE X 0 0 Dover Corp COMMON 260003108 7210 121200 SH SOLE NONE X 0 0 Dow Chemical Co/The COMMON 260543103 41216 1423200 SH SOLE NONE X 0 0 DR Horton Inc COMMON 23331A109 6520 315900 SH SOLE NONE X 0 0 DR Horton Inc NOTE 23331ABB4 33470 21125000 PRN SOLE NONE X 0 0 Dr Pepper Snapple Group Inc COMMON 26138E109 10576 237500 SH SOLE NONE X 0 0 DryShips Inc COMMON Y2109Q101 7329 3131881 SH SOLE NONE X 0 0 DTE Energy Co COMMON 233331107 11556 192800 SH SOLE NONE X 0 0

FORM 13F INFORMATION TABLE 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 MANAGERS SOLE SHARED NONE --------------------------------------- ----------------- --------- -------- --------- --- ---- ---------- -------- ---- ------ ---- Duke Energy Corp COMMON 26441C204 55015 848991 SH SOLE NONE X 0 0 Duke Realty Corp REIT 264411505 692 47064 SH SOLE NONE X 0 0 Dun & Bradstreet Corp/The COMMON 26483E100 4092 51400 SH SOLE NONE X 0 0 E*TRADE Financial Corp COMMON 269246401 1763 200126 SH SOLE NONE X 0 0 East West Bancorp Inc COMMON 27579R104 2112 100000 SH SOLE NONE X 0 0 Eastman Chemical Co COMMON 277432100 9646 169200 SH SOLE NONE X 0 0 Eaton Corp COMMON 278058102 18904 400000 SH SOLE NONE X 0 0 Eaton Vance Corp COMMON 278265103 576 19900 SH SOLE NONE X 0 0 eBay Inc COMMON 278642103 65218 1347200 SH SOLE NONE X 0 0 Ecolab Inc COMMON 278865100 21044 324700 SH SOLE NONE X 0 0 Edison International COMMON 281020107 17632 385900 SH SOLE NONE X 0 0 Edwards Lifesciences Corp COMMON 28176E108 12068 112400 SH SOLE NONE X 0 0 EI du Pont de Nemours & Co COMMON 263534109 55734 1108700 SH SOLE NONE X 0 0 Eldorado Gold Corp COMMON 284902103 182040 11949202 SH SOLE NONE X 0 0 Electronic Arts Inc COMMON 285512109 8232 648700 SH SOLE NONE X 0 0 Eli Lilly & Co COMMON 532457108 49373 1041400 SH SOLE NONE X 0 0 EMC Corp/MA COMMON 268648102 61865 2268600 SH SOLE NONE X 0 0 EMC Corp/MA NOTE 268648AM4 18962 11000000 PRN SOLE NONE X 0 0 Emerson Electric Co COMMON 291011104 37636 779700 SH SOLE NONE X 0 0 Enbridge Energy Partners LP LIMITED 29250R106 214318 7279820 SH SOLE NONE X 0 0 PARTNERSHIP Enbridge Inc. COMMON 29250N105 1830507 46900000 SH SOLE NONE X 0 0 Energen Corp COMMON 29265N108 996 19000 SH SOLE NONE X 0 0 Energizer Holdings Inc COMMON 29266R108 1694 22700 SH SOLE NONE X 0 0 Energy XXI Bermuda Ltd COMMON G10082140 6990 200000 SH SOLE NONE X 0 0 Ensco PLC COMMON G3157S106 14207 260400 SH SOLE NONE X 0 0 Entree Gold Inc COMMON 29383G100 7259 12531400 SH SOLE NONE X 0 0 EOG Resources Inc COMMON 26875P101 33940 302900 SH SOLE NONE X 0 0 EPAM Systems Inc COMMON 29414B104 2936 155000 SH SOLE NONE X 0 0 EQT Corp COMMON 26884L109 6249 105918 SH SOLE NONE X 0 0 Equifax Inc COMMON 294429105 6298 135200 SH SOLE NONE X 0 0 Equinix Inc COMMON 29444U502 2205 10700 SH SOLE NONE X 0 0 Equity Residential REIT 29476L107 17288 300500 SH SOLE NONE X 0 0 Estee Lauder Cos Inc, The COMMON 518439104 17738 288100 SH SOLE NONE X 0 0 Everest Re Group Ltd COMMON G3223R108 995 9300 SH SOLE NONE X 0 0 Exelon Corp COMMON 30161N101 36605 1028804 SH SOLE NONE X 0 0 Expedia Inc COMMON 30212P303 6056 104700 SH SOLE NONE X 0 0 Expeditors International of Washington COMMON 302130109 8643 237700 SH SOLE NONE X 0 0 Express Scripts Holding Co COMMON 30219G108 53392 851960 SH SOLE NONE X 0 0 Exxon Mobil Corp COMMON 30231G102 475438 5198887 SH SOLE NONE X 0 0 F5 Networks Inc COMMON 315616102 6726 64244 SH SOLE NONE X 0 0 FACEBOOK INC COMMON 30303M102 2903 134100 SH SOLE NONE X 0 0 Family Dollar Stores Inc COMMON 307000109 7293 110000 SH SOLE NONE X 0 0 Fastenal Co COMMON 311900104 13211 307300 SH SOLE NONE X 0 0 Federal Realty Investment Trust REIT 313747206 1190 11300 SH SOLE NONE X 0 0 Federated Investors Inc COMMON 314211103 476 23000 SH SOLE NONE X 0 0 FedEx Corp COMMON 31428X106 30065 355300 SH SOLE NONE X 0 0 FEI Co COMMON 30241L109 3745 70000 SH SOLE NONE X 0 0 Fidelity National Financial Inc COMMON 31620R105 759 35500 SH SOLE NONE X 0 0 Fidelity National Information Services COMMON 31620M106 8311 266200 SH SOLE NONE X 0 0 Fifth Third Bancorp COMMON 316773100 13632 878900 SH SOLE NONE X 0 0 First Horizon National Corp COMMON 320517105 1868 193978 SH SOLE NONE X 0 0 First Republic Bank/CA COMMON 33616C100 541 15700 SH SOLE NONE X 0 0 First Solar Inc COMMON 336433107 1092 49300 SH SOLE NONE X 0 0 FirstEnergy Corp COMMON 337932107 22242 504346 SH SOLE NONE X 0 0 Fiserv Inc COMMON 337738108 10068 136000 SH SOLE NONE X 0 0 Flextronics International Ltd COMMON Y2573F102 898 149700 SH SOLE NONE X 0 0 FLIR Systems Inc COMMON 302445101 3012 150800 SH SOLE NONE X 0 0 Flowserve Corp COMMON 34354P105 2402 18800 SH SOLE NONE X 0 0 Fluor Corp COMMON 343412102 10620 188700 SH SOLE NONE X 0 0

FORM 13F INFORMATION TABLE 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 MANAGERS SOLE SHARED NONE --------------------------------------- ----------------- --------- -------- --------- --- ---- ---------- -------- ---- ------ ---- FMC Corp COMMON 302491303 8434 152300 SH SOLE NONE X 0 0 FMC Technologies Inc COMMON 30249U101 11510 248600 SH SOLE NONE X 0 0 Ford Motor Company COMMON 345370860 44271 4490000 SH SOLE NONE X 0 0 Forest Laboratories Inc COMMON 345838106 4270 119900 SH SOLE NONE X 0 0 FormFactor Inc COMMON 346375108 5870 1050000 SH SOLE NONE X 0 0 Fortinet Inc COMMON 34959E109 5069 210000 SH SOLE NONE X 0 0 Fossil Inc COMMON 349882100 5167 61000 SH SOLE NONE X 0 0 Franco-Nevada Corp COMMON 351858105 138561 2352672 SH SOLE NONE X 0 0 Franklin Resources Inc COMMON 354613101 13920 111300 SH SOLE NONE X 0 0 Freeport-McMoRan Copper & Gold Inc COMMON 35671D857 44658 1128300 SH SOLE NONE X 0 0 Frontier Communications Corp COMMON 35906A108 5509 1124385 SH SOLE NONE X 0 0 GameStop Corp COMMON 36467W109 2985 142152 SH SOLE NONE X 0 0 Gannett Co Inc COMMON 364730101 3202 180400 SH SOLE NONE X 0 0 Gap Inc/The COMMON 364760108 13185 368500 SH SOLE NONE X 0 0 Garmin Ltd COMMON H2906T109 1690 40500 SH SOLE NONE X 0 0 General Cable Corp NOTE 369300AD0 4834 4860000 PRN SOLE NONE X 0 0 General Cable Corp NOTE 369300AL2 8403 7696000 PRN SOLE NONE X 0 0 General Dynamics Corp COMMON 369550108 20444 309200 SH SOLE NONE X 0 0 General Electric Co COMMON 369604103 283820 12497600 SH SOLE NONE X 0 0 General Mills Inc COMMON 370334104 19180 481300 SH SOLE NONE X 0 0 General Motors Co COMMON 37045V100 7594 333800 SH SOLE NONE X 0 0 Genuine Parts Co COMMON 372460105 10674 174900 SH SOLE NONE X 0 0 Genworth Financial, Inc. COMMON 37247D106 2447 467900 SH SOLE NONE X 0 0 Gilead Sciences Inc COMMON 375558103 52838 796600 SH SOLE NONE X 0 0 Gilead Sciences Inc NOTE 375558AH6 31083 18000000 PRN SOLE NONE X 0 0 Goldcorp Inc COMMON 380956409 525745 11460062 SH SOLE NONE X 0 0 Goldman Sachs Group, Inc., The COMMON 38141G104 56408 496200 SH SOLE NONE X 0 0 Goodrich Petroleum Corp COMMON 382410405 4424 350000 SH SOLE NONE X 0 0 Goodyear Tire & Rubber Company COMMON 382550101 3347 274600 SH SOLE NONE X 0 0 Google Inc COMMON 38259P508 219484 290900 SH SOLE NONE X 0 0 Gordmans Stores Inc COMMON 38269P100 312 16893 SH SOLE NONE X 0 0 Green Mountain Coffee Roasters Inc COMMON 393122106 1073 45179 SH SOLE NONE X 0 0 Groupe CGI inc. COMMON 39945C109 1828151 68136698 SH SOLE NONE X 0 0 Gulfport Energy Corp COMMON 402635304 12504 400000 SH SOLE NONE X 0 0 H&R Block Inc COMMON 093671105 5426 313100 SH SOLE NONE X 0 0 Halliburton Co COMMON 406216101 35011 1039200 SH SOLE NONE X 0 0 Harley-Davidson Inc COMMON 412822108 6411 151300 SH SOLE NONE X 0 0 Harman International Industries Inc COMMON 413086109 2419 52400 SH SOLE NONE X 0 0 Harris Corp COMMON 413875105 5813 113500 SH SOLE NONE X 0 0 Hartford Financial Services Group Inc COMMON 416515104 8045 413841 SH SOLE NONE X 0 0 Hasbro Inc COMMON 418056107 4993 130797 SH SOLE NONE X 0 0 HCA Holdings Inc COMMON 40412C101 1595 47978 SH SOLE NONE X 0 0 HCP Inc REIT 40414L109 19678 442400 SH SOLE NONE X 0 0 Health Care REIT Inc REIT 42217K106 14074 243700 SH SOLE NONE X 0 0 Helmerich & Payne Inc COMMON 423452101 2884 60579 SH SOLE NONE X 0 0 Herbalife Ltd COMMON G4412G101 2119 44700 SH SOLE NONE X 0 0 Herbalife Ltd LISTED OPTION G4412G101 -39 -500 SH PUT SOLE NONE X 0 0 Hershey Co, The COMMON 427866108 19091 269300 SH SOLE NONE X 0 0 Hertz Global Holdings Inc COMMON 42805T105 1299 94618 SH SOLE NONE X 0 0 Hess Corp COMMON 42809H107 23465 436800 SH SOLE NONE X 0 0 Hewlett-Packard Co COMMON 428236103 36314 2128600 SH SOLE NONE X 0 0 Hillshire Brands Co COMMON 432589109 8034 300000 SH SOLE NONE X 0 0 hiSoft Technology International Ltd ADR 43358R108 2066 200000 SH SOLE NONE X 0 0 HJ Heinz Co COMMON 423074103 18794 335900 SH SOLE NONE X 0 0 HMS Holdings Corp COMMON 40425J101 2340 70000 SH SOLE NONE X 0 0 HollyFrontier Corp COMMON 436106108 4193 101600 SH SOLE NONE X 0 0 Hologic Inc COMMON 436440101 1036 51200 SH SOLE NONE X 0 0 Home Depot Inc/The COMMON 437076102 110332 1827600 SH SOLE NONE X 0 0 HomeAway Inc COMMON 43739Q100 620 26457 SH SOLE NONE X 0 0 Honeywell International Inc COMMON 438516106 49533 829000 SH SOLE NONE X 0 0

FORM 13F INFORMATION TABLE 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 MANAGERS SOLE SHARED NONE --------------------------------------- ----------------- --------- -------- --------- --- ---- ---------- -------- ---- ------ ---- Horace Mann Educators Corp COMMON 440327104 1123 62000 SH SOLE NONE X 0 0 Hormel Foods Corp COMMON 440452100 4523 154700 SH SOLE NONE X 0 0 Host Hotels & Resorts Inc REIT 44107P104 11078 690200 SH SOLE NONE X 0 0 Hudson City Bancorp Inc COMMON 443683107 3619 454600 SH SOLE NONE X 0 0 Humana Inc COMMON 444859102 11056 157600 SH SOLE NONE X 0 0 Huntington Bancshares Inc COMMON 446150104 4617 669100 SH SOLE NONE X 0 0 IDEX Corp COMMON 45167R104 10860 260000 SH SOLE NONE X 0 0 IHS Inc COMMON 451734107 1879 19300 SH SOLE NONE X 0 0 Illinois Tool Works Inc COMMON 452308109 24050 404400 SH SOLE NONE X 0 0 Illumina Inc COMMON 452327109 1157 24000 SH SOLE NONE X 0 0 Industrial Select Sector SPDR Fund ETF 81369Y704 2192 60000 SH SOLE NONE X 0 0 Infinity Property & Casualty Corp COMMON 45665Q103 2353 38960 SH SOLE NONE X 0 0 Informatica Corp COMMON 45666Q102 4525 130000 SH SOLE NONE X 0 0 Informatica Corp LISTED OPTION 45666Q102 -233 -2480 SH PUT SOLE NONE X 0 0 Informatica Corp LISTED OPTION 45666Q102 210 1500 SH CALL SOLE NONE X 0 0 Ingersoll-Rand PLC COMMON G47791101 15723 350800 SH SOLE NONE X 0 0 Integrys Energy Group Inc COMMON 45822P105 4588 87900 SH SOLE NONE X 0 0 Intel Corp COMMON 458140100 118635 5230800 SH SOLE NONE X 0 0 Intel Corp NOTE 458140AD2 5696 5180000 PRN SOLE NONE X 0 0 IntercontinentalExchange Inc COMMON 45865V100 9272 69500 SH SOLE NONE X 0 0 International Business Machines Corp COMMON 459200101 276199 1331400 SH SOLE NONE X 0 0 International Flavors & Fragrances Inc COMMON 459506101 5374 90200 SH SOLE NONE X 0 0 International Game Technology COMMON 459902102 4064 310500 SH SOLE NONE X 0 0 International Paper Co COMMON 460146103 18552 510800 SH SOLE NONE X 0 0 InterOil Corp COMMON 460951106 19315 250000 SH SOLE NONE X 0 0 Interpublic Group of Cos Inc COMMON 460690100 5497 494300 SH SOLE NONE X 0 0 Intuit Inc COMMON 461202103 34639 588300 SH SOLE NONE X 0 0 Intuitive Surgical Inc COMMON 46120E602 20816 42000 SH SOLE NONE X 0 0 Intuitive Surgical Inc LISTED OPTION 46120E602 -133 -100 SH PUT SOLE NONE X 0 0 Invesco Ltd COMMON G491BT108 10653 426300 SH SOLE NONE X 0 0 Iron Mountain Inc COMMON 462846106 5533 162200 SH SOLE NONE X 0 0 iShares Dow Jones US Financial Services ETF 464287770 1868 33560 SH SOLE NONE X 0 0 iShares FTSE China 25 Index Fund ETF 464287184 132093 3816600 SH SOLE NONE X 0 0 iShares FTSE China 25 Index Fund LISTED OPTION 464287184 126 2342 SH PUT SOLE NONE X 0 0 iShares FTSE China 25 Index Fund LISTED OPTION 464287184 110 795 SH CALL SOLE NONE X 0 0 iShares MSCI Brazil Index Fund ETF 464286400 517 9570 SH SOLE NONE X 0 0 iShares MSCI EAFE Index Fund ETF 464287465 11371 214550 SH SOLE NONE X 0 0 iShares MSCI Emerging Markets Index Fun ETF 464287234 469052 11351700 SH SOLE NONE X 0 0 iShares MSCI Emerging Markets Index Fun LISTED OPTION 464287234 120 606 SH PUT SOLE NONE X 0 0 iShares MSCI Emerging Markets Index Fun LISTED OPTION 464287234 47 216 SH CALL SOLE NONE X 0 0 iShares S&P Global Healthcare Sector In ETF 464287325 515 8020 SH SOLE NONE X 0 0 iShares S&P Global Technology Sector In ETF 464287291 1037 14980 SH SOLE NONE X 0 0 Ivanhoe Energie Inc. COMMON 465790103 10670 19442822 SH SOLE NONE X 0 0 Jabil Circuit Inc COMMON 466313103 2729 145800 SH SOLE NONE X 0 0 Jacobs Engineering Group Inc COMMON 469814107 5895 145800 SH SOLE NONE X 0 0 JB Hunt Transport Services Inc COMMON 445658107 1686 32400 SH SOLE NONE X 0 0 JC Penney Co Inc COMMON 708160106 40144 1652700 SH SOLE NONE X 0 0 JDS Uniphase Corp COMMON 46612J507 2239 180800 SH SOLE NONE X 0 0 Jive Software Inc COMMON 47760A108 1964 125000 SH SOLE NONE X 0 0 JM Smucker Co/The COMMON 832696405 10722 124200 SH SOLE NONE X 0 0 Johnson & Johnson COMMON 478160104 210113 3049100 SH SOLE NONE X 0 0 Johnson Controls Inc COMMON 478366107 22553 823100 SH SOLE NONE X 0 0 Joy Global Inc COMMON 481165108 16840 300400 SH SOLE NONE X 0 0 JPMorgan Chase & Co COMMON 46625H100 163029 4027400 SH SOLE NONE X 0 0 Juniper Networks Inc COMMON 48203R104 9753 570000 SH SOLE NONE X 0 0 KBR Inc COMMON 48242W106 1533 51400 SH SOLE NONE X 0 0 Kellogg Co COMMON 487836108 15446 299000 SH SOLE NONE X 0 0 KeyCorp COMMON 493267108 42157 4823500 SH SOLE NONE X 0 0 Kimberly-Clark Corp COMMON 494368103 40746 475000 SH SOLE NONE X 0 0 Kimco Realty Corp REIT 49446R109 7887 389100 SH SOLE NONE X 0 0

FORM 13F INFORMATION TABLE 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 MANAGERS SOLE SHARED NONE --------------------------------------- ----------------- --------- -------- --------- --- ---- ---------- -------- ---- ------ ---- Kinder Morgan Inc/Delaware COMMON 49456B101 26191 737355 SH SOLE NONE X 0 0 Kinder Morgan Inc/Delaware WARRANT 49456B119 876 384000 SH SOLE NONE X 0 0 Kinross Gold Corp COMMON 496902404 190657 18647831 SH SOLE NONE X 0 0 Kodiak Oil & Gas Corp COMMON 50015Q100 1872 200000 SH SOLE NONE X 0 0 Kodiak Oil & Gas Corp LISTED OPTION 50015Q### -## -#### SH PUT SOLE NONE X 0 0 Kodiak Oil & Gas Corp LISTED OPTION 50015Q100 65 1000 SH CALL SOLE NONE X 0 0 Kohl's Corp COMMON 500255104 13589 265300 SH SOLE NONE X 0 0 Kraft Foods Inc. COMMON 50075N104 91467 2212017 SH SOLE NONE X 0 0 Kroger Co/The COMMON 501044101 35352 1501800 SH SOLE NONE X 0 0 L-3 Communications Holdings Inc COMMON 502424104 7816 109000 SH SOLE NONE X 0 0 L-3 Communications Holdings Inc NOTE 502413AW7 5844 5800000 PRN SOLE NONE X 0 0 Laboratory Corp of America Holdings COMMON 50540R409 8646 93500 SH SOLE NONE X 0 0 Lam Research Corp COMMON 512807108 5955 187362 SH SOLE NONE X 0 0 Las Vegas Sands Corp COMMON 517834107 8133 175400 SH SOLE NONE X 0 0 Legg Mason Inc COMMON 524901105 881 35700 SH SOLE NONE X 0 0 Leggett & Platt Inc COMMON 524660107 3948 157600 SH SOLE NONE X 0 0 Lennar Corp COMMON 526057104 4412 126900 SH SOLE NONE X 0 0 Leucadia National Corp COMMON 527288104 4348 191100 SH SOLE NONE X 0 0 Level 3 Communications Inc COMMON 52729N308 1192 51893 SH SOLE NONE X 0 0 Liberty Global Inc COMMON 530555101 2904 47800 SH SOLE NONE X 0 0 Liberty Global Inc COMMON 530555309 2246 39800 SH SOLE NONE X 0 0 Liberty Interactive Corp COMMON 53071M104 3397 183600 SH SOLE NONE X 0 0 Liberty Media Corp NOTE 530715AN1 40791 85000000 PRN SOLE NONE X 0 0 Liberty Media Corp NOTE 530715AG6 6641 10000000 PRN SOLE NONE X 0 0 Liberty Media Corp - Liberty Capital COMMON 530322106 3802 36500 SH SOLE NONE X 0 0 Liberty Property Trust REIT 531172104 750 20700 SH SOLE NONE X 0 0 Life Technologies Corp COMMON 53217V109 4952 101300 SH SOLE NONE X 0 0 Limelight Networks Inc COMMON 53261M104 5850 2500000 SH SOLE NONE X 0 0 Limelight Networks Inc LISTED OPTION 53261M104 -3 -548 SH CALL SOLE NONE X 0 0 Lincoln National Corp COMMON 534187109 6485 268100 SH SOLE NONE X 0 0 Linear Technology Corp COMMON 535678106 3519 110500 SH SOLE NONE X 0 0 LinkedIn Corp COMMON 53578A108 1662 13800 SH SOLE NONE X 0 0 Loews Corp COMMON 540424108 8252 200000 SH SOLE NONE X 0 0 Lorillard Inc COMMON 544147101 18341 157500 SH SOLE NONE X 0 0 Lowe's Cos Inc COMMON 548661107 42055 1390700 SH SOLE NONE X 0 0 LSI Corp COMMON 502161102 3874 560700 SH SOLE NONE X 0 0 Ltd Brands Inc COMMON 532716107 13413 272300 SH SOLE NONE X 0 0 Lufkin Industries Inc COMMON 549764108 9688 180000 SH SOLE NONE X 0 0 Lululemon Athletica Inc COMMON 550021109 2586 34976 SH SOLE NONE X 0 0 LyondellBasell Industries NV COMMON N53745100 20345 393830 SH SOLE NONE X 0 0 M&T Bank Corp COMMON 55261F104 6738 70809 SH SOLE NONE X 0 0 Macerich Co/The REIT 554382101 1344 23477 SH SOLE NONE X 0 0 Macy's Inc COMMON 55616P104 18434 490000 SH SOLE NONE X 0 0 Magna International Inc COMMON 559222401 350157 8104834 SH SOLE NONE X 0 0 Manpower Inc COMMON 56418H100 1009 27430 SH SOLE NONE X 0 0 Marathon Oil Corp COMMON 565849106 27825 941000 SH SOLE NONE X 0 0 Marathon Petroleum Corp COMMON 56585A102 20761 380300 SH SOLE NONE X 0 0 Marriott International Inc/DE COMMON 571903202 12086 309100 SH SOLE NONE X 0 0 Marsh & McLennan Cos Inc COMMON 571748102 14393 424200 SH SOLE NONE X 0 0 Martin Marietta Materials Inc COMMON 573284106 1235 14900 SH SOLE NONE X 0 0 Marvell Technology Group Ltd COMMON G5876H105 972 106200 SH SOLE NONE X 0 0 Masco Corp COMMON 574599106 6067 403100 SH SOLE NONE X 0 0 Mastercard Inc COMMON 57636Q104 74381 164750 SH SOLE NONE X 0 0 Mattel Inc COMMON 577081102 13617 383800 SH SOLE NONE X 0 0 Maxim Integrated Products Inc COMMON 57772K101 1722 64700 SH SOLE NONE X 0 0 MaxLinear Inc COMMON 57776J100 7455 1114381 SH SOLE NONE X 0 0 McCormick & Co Inc COMMON 579780206 8996 145000 SH SOLE NONE X 0 0 McDonald's Corp COMMON 580135101 102237 1114300 SH SOLE NONE X 0 0 McDonald's Corp LISTED OPTION 580135101 -72 -300 SH CALL SOLE NONE X 0 0 McGraw-Hill Cos Inc, The COMMON 580645109 17780 325700 SH SOLE NONE X 0 0

FORM 13F INFORMATION TABLE 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 MANAGERS SOLE SHARED NONE --------------------------------------- ----------------- --------- -------- --------- --- ---- ---------- -------- ---- ------ ---- McKesson Corp COMMON 58155Q103 67585 785600 SH SOLE NONE X 0 0 MDU Resources Group Inc COMMON 552690109 1371 62200 SH SOLE NONE X 0 0 Mead Johnson Nutrition Co COMMON 582839106 3356 45800 SH SOLE NONE X 0 0 MeadWestvaco Corp COMMON 583334107 5866 191700 SH SOLE NONE X 0 0 Mechel ADR 583840103 2786 395792 SH SOLE NONE X 0 0 Medtronic Inc COMMON 585055106 46509 1078600 SH SOLE NONE X 0 0 Medtronic Inc NOTE 585055AM8 386039 380000000 PRN SOLE NONE X 0 0 Merck & Co Inc COMMON 58933Y105 144546 3205000 SH SOLE NONE X 0 0 Mercury General Corp COMMON 589400100 1105 28600 SH SOLE NONE X 0 0 MetLife, Inc. COMMON 59156R108 38974 1131000 SH SOLE NONE X 0 0 MetroPCS Communications Inc COMMON 591708102 4141 353600 SH SOLE NONE X 0 0 MGIC Investment Corp NOTE 552848AD5 24305 34680000 PRN SOLE NONE X 0 0 MGM Resorts International COMMON 552953101 1365 127000 SH SOLE NONE X 0 0 MGM Resorts International NOTE 55303QAE0 5404 5100000 PRN SOLE NONE X 0 0 Microchip Technology Inc COMMON 595017104 6352 194000 SH SOLE NONE X 0 0 Microchip Technology Inc NOTE 595017AB0 10784 8520000 PRN SOLE NONE X 0 0 Micron Technology Inc COMMON 595112103 6059 1012400 SH SOLE NONE X 0 0 Microsoft Corp COMMON 594918104 252826 8489800 SH SOLE NONE X 0 0 Mobile Telesystems OJSC ADR 607409109 24628 1405735 SH SOLE NONE X 0 0 Mohawk Industries Inc COMMON 608190104 1624 20300 SH SOLE NONE X 0 0 Molex Inc COMMON 608554101 2820 107300 SH SOLE NONE X 0 0 Molson Coors Brewing Co COMMON 60871R209 4631 102800 SH SOLE NONE X 0 0 Monsanto Co COMMON 61166W101 57679 633700 SH SOLE NONE X 0 0 Monster Beverage Corp COMMON 611740101 9288 171500 SH SOLE NONE X 0 0 Moody's Corp COMMON 615369105 4704 106500 SH SOLE NONE X 0 0 Morgan Stanley COMMON 617446448 26874 1605400 SH SOLE NONE X 0 0 Mosaic Co/The COMMON 61945C103 19415 337000 SH SOLE NONE X 0 0 Motorola Solutions Inc COMMON 620076307 15283 302328 SH SOLE NONE X 0 0 Murphy Oil Corp COMMON 626717102 5739 106900 SH SOLE NONE X 0 0 Mylan Inc/PA COMMON 628530107 4863 199300 SH SOLE NONE X 0 0 Nabors Industries Ltd COMMON G6359F103 4247 302700 SH SOLE NONE X 0 0 NASDAQ OMX Group Inc/The COMMON 631103108 2663 114300 SH SOLE NONE X 0 0 National Financial Partners Corp NOTE 63607PAC3 4795 3220000 PRN SOLE NONE X 0 0 National Oilwell Varco Inc COMMON 637071101 38317 478300 SH SOLE NONE X 0 0 Natural Grocers by Vitamin Cottage Inc COMMON 63888U108 2156 96600 SH SOLE NONE X 0 0 NetApp Inc COMMON 64110D104 22115 672600 SH SOLE NONE X 0 0 NetApp Inc NOTE 64110DAB0 57456 50000000 PRN SOLE NONE X 0 0 Netflix Inc COMMON 64110L106 3342 61381 SH SOLE NONE X 0 0 New Gold Inc COMMON 644535106 2315 189000 SH SOLE NONE X 0 0 Newfield Exploration Co COMMON 651290108 11607 370600 SH SOLE NONE X 0 0 Newmont Mining Corp COMMON 651639106 33018 589500 SH SOLE NONE X 0 0 News Corp COMMON 65248E104 55901 2278900 SH SOLE NONE X 0 0 News Corp COMMON 65248E203 4643 187200 SH SOLE NONE X 0 0 NextEra Energy Inc COMMON 65339F101 35052 498400 SH SOLE NONE X 0 0 Nielsen Holdings NV COMMON N63218106 1311 43724 SH SOLE NONE X 0 0 NIKE Inc COMMON 654106103 42102 443600 SH SOLE NONE X 0 0 NiSource Inc COMMON 65473P105 8171 320700 SH SOLE NONE X 0 0 Noble Corp COMMON H5833N103 10136 283300 SH SOLE NONE X 0 0 Noble Energy Inc COMMON 655044105 18496 199500 SH SOLE NONE X 0 0 Nordstrom Inc COMMON 655664100 9750 176700 SH SOLE NONE X 0 0 Norfolk Southern Corp COMMON 655844108 24688 388000 SH SOLE NONE X 0 0 Northeast Utilities COMMON 664397106 13509 353352 SH SOLE NONE X 0 0 Northern Trust Corp COMMON 665859104 6786 146200 SH SOLE NONE X 0 0 Northrop Grumman Corp COMMON 666807102 14920 224600 SH SOLE NONE X 0 0 NorthWestern Corp COMMON 668074305 7246 200000 SH SOLE NONE X 0 0 NRG Energy Inc COMMON 629377508 5488 256580 SH SOLE NONE X 0 0 Nuance Communications Inc COMMON 67020Y100 1352 54300 SH SOLE NONE X 0 0 Nucor Corp COMMON 670346105 14435 377300 SH SOLE NONE X 0 0 NVIDIA Corp COMMON 67066G104 8272 620100 SH SOLE NONE X 0 0 Oasis Petroleum Inc COMMON 674215108 1474 50000 SH SOLE NONE X 0 0

FORM 13F INFORMATION TABLE 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 MANAGERS SOLE SHARED NONE --------------------------------------- ----------------- --------- -------- --------- --- ---- ---------- -------- ---- ------ ---- Occidental Petroleum Corp COMMON 674599105 71335 828900 SH SOLE NONE X 0 0 Omnicare Inc COMMON 681904108 744 21900 SH SOLE NONE X 0 0 Omnicom Group Inc COMMON 681919106 16664 323200 SH SOLE NONE X 0 0 OmniVision Technologies Inc COMMON 682128103 4884 350000 SH SOLE NONE X 0 0 ON Semiconductor Corp COMMON 682189105 6170 1000000 SH SOLE NONE X 0 0 ON Semiconductor Corp NOTE 682189AG0 10252 10000000 PRN SOLE NONE X 0 0 ONEOK Inc COMMON 682680103 11027 228250 SH SOLE NONE X 0 0 Open Text Corp COMMON 683715106 109522 1987900 SH SOLE NONE X 0 0 Oracle Corp COMMON 68389X105 174433 5539300 SH SOLE NONE X 0 0 O'Reilly Automotive Inc COMMON 67103H107 11414 136500 SH SOLE NONE X 0 0 Owens-Illinois Inc COMMON 690768403 3369 179600 SH SOLE NONE X 0 0 PACCAR Inc COMMON 693718108 15410 385000 SH SOLE NONE X 0 0 Pall Corp COMMON 696429307 8304 130800 SH SOLE NONE X 0 0 Pan American Silver Corp COMMON 697900108 1350 63000 SH SOLE NONE X 0 0 Parker Hannifin Corp COMMON 701094104 12863 153900 SH SOLE NONE X 0 0 PartnerRe Ltd COMMON G6852T105 57646 776065 SH SOLE NONE X 0 0 Paychex Inc COMMON 704326107 11655 350100 SH SOLE NONE X 0 0 Peabody Energy Corp COMMON 704549104 6740 302400 SH SOLE NONE X 0 0 Pembina Pipeline Corp COMMON 706327103 2749 98000 SH SOLE NONE X 0 0 Pengrowth Energy Corp COMMON 70706P104 1132 167929 SH SOLE NONE X 0 0 PennyMac Mortgage Investment Trust REIT 70931T103 1753 75000 SH SOLE NONE X 0 0 Pentair Ltd COMMON 709631105 1531 34400 SH SOLE NONE X 0 0 Pentair Ltd COMMON 00101J106 3482 78700 SH SOLE NONE X 0 0 People's United Financial Inc COMMON 712704105 687 56550 SH SOLE NONE X 0 0 Pepco Holdings Inc COMMON 713291102 4869 257600 SH SOLE NONE X 0 0 PepsiCo Inc COMMON 713448108 118887 1679913 SH SOLE NONE X 0 0 PerkinElmer Inc COMMON 714046109 9987 338900 SH SOLE NONE X 0 0 Perrigo Co COMMON 714290103 9956 85700 SH SOLE NONE X 0 0 Petroleo Brasileiro SA ADR 71654V408 44911 1957750 SH SOLE NONE X 0 0 PetSmart Inc COMMON 716768106 12941 187600 SH SOLE NONE X 0 0 Pfizer Inc COMMON 717081103 188067 7568100 SH SOLE NONE X 0 0 PG&E Corp COMMON 69331C108 15468 362500 SH SOLE NONE X 0 0 PHH Corp COMMON 693320202 3185 156500 SH SOLE NONE X 0 0 PHH Corp NOTE 693320AN3 16328 15000000 PRN SOLE NONE X 0 0 Philip Morris International Inc COMMON 718172109 183577 2041100 SH SOLE NONE X 0 0 Phillips 66 COMMON 718546104 38121 822100 SH SOLE NONE X 0 0 Pinnacle West Capital Corp COMMON 723484101 6516 123400 SH SOLE NONE X 0 0 Pioneer Natural Resources Co COMMON 723787107 13227 126700 SH SOLE NONE X 0 0 Pitney Bowes Inc COMMON 724479100 3108 224900 SH SOLE NONE X 0 0 Plains Exploration & Production Co COMMON 726505100 1266 33800 SH SOLE NONE X 0 0 Plum Creek Timber Co Inc REIT 729251108 6773 154500 SH SOLE NONE X 0 0 PNC Financial Services Group Inc COMMON 693475105 40913 648385 SH SOLE NONE X 0 0 Polaris Industries Inc COMMON 731068102 2022 25000 SH SOLE NONE X 0 0 Potash Corp of Saskatchewan Inc COMMON 73755L107 555949 12801928 SH SOLE NONE X 0 0 PowerShares India Portfolio ETF 73935L100 13702 730000 SH SOLE NONE X 0 0 Powershares WilderHill Clean Energy Por ETF 73935X500 2905 700000 SH SOLE NONE X 0 0 PPG Industries Inc COMMON 693506107 19431 169200 SH SOLE NONE X 0 0 PPL Corp COMMON 69351T106 20335 700000 SH SOLE NONE X 0 0 Praxair Inc COMMON 74005P104 36836 354600 SH SOLE NONE X 0 0 Precision Castparts Corp COMMON 740189105 51468 315100 SH SOLE NONE X 0 0 Precision Drilling Corp COMMON 74022D308 625 79500 SH SOLE NONE X 0 0 priceline.com Inc COMMON 741503403 37186 60100 SH SOLE NONE X 0 0 Principal Financial Group Inc COMMON 74251V102 3483 129300 SH SOLE NONE X 0 0 ProAssurance Corp COMMON 74267C106 6307 69740 SH SOLE NONE X 0 0 Procter & Gamble Co/The COMMON 742718109 218491 3150100 SH SOLE NONE X 0 0 Progressive Corp, The COMMON 743315103 9238 445400 SH SOLE NONE X 0 0 Prologis Inc NOTE 74340XAT8 10719 9524000 PRN SOLE NONE X 0 0 Prologis Inc REIT 74340W103 16716 477205 SH SOLE NONE X 0 0 Prudential Financial Inc COMMON 744320102 24366 447000 SH SOLE NONE X 0 0 Public Service Enterprise Group Inc COMMON 744573106 19633 610100 SH SOLE NONE X 0 0

FORM 13F INFORMATION TABLE 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 MANAGERS SOLE SHARED NONE --------------------------------------- ----------------- --------- -------- --------- --- ---- ---------- -------- ---- ------ ---- Public Storage REIT 74460D109 20834 149700 SH SOLE NONE X 0 0 PulteGroup Inc COMMON 745867101 4080 263200 SH SOLE NONE X 0 0 PVH Corp COMMON 693656100 2231 23800 SH SOLE NONE X 0 0 QEP Resources Inc COMMON 74733V100 5876 185600 SH SOLE NONE X 0 0 QIAGEN NV COMMON N72482107 4736 257052 SH SOLE NONE X 0 0 QUALCOMM Inc COMMON 747525103 148033 2368900 SH SOLE NONE X 0 0 Quanta Services Inc COMMON 74762E102 5891 238500 SH SOLE NONE X 0 0 Quest Diagnostics Inc COMMON 74834L100 10599 167100 SH SOLE NONE X 0 0 Radian Group Inc NOTE 750236AK7 30144 40000000 PRN SOLE NONE X 0 0 Ralcorp Holdings Inc COMMON 751028101 1394 19100 SH SOLE NONE X 0 0 Ralph Lauren Corp COMMON 751212101 10455 69136 SH SOLE NONE X 0 0 Rambus Inc NOTE 750917AC0 5268 5160000 PRN SOLE NONE X 0 0 Range Resources Corp COMMON 75281A109 11829 169300 SH SOLE NONE X 0 0 Rayonier Inc REIT 754907103 1056 21550 SH SOLE NONE X 0 0 Raytheon Co COMMON 755111507 17205 301000 SH SOLE NONE X 0 0 Realty Income Corp REIT 756109104 969 23700 SH SOLE NONE X 0 0 Red Hat Inc COMMON 756577102 7659 134518 SH SOLE NONE X 0 0 Regency Centers Corp REIT 758849103 775 15900 SH SOLE NONE X 0 0 Regeneron Pharmaceuticals Inc COMMON 75886F107 2214 14500 SH SOLE NONE X 0 0 Regions Financial Corp COMMON 7591EP100 11906 1651300 SH SOLE NONE X 0 0 Regis Corp NOTE 758932AA5 10585 8000000 PRN SOLE NONE X 0 0 Reinsurance Group of America Inc COMMON 759351604 26348 455300 SH SOLE NONE X 0 0 RenaissanceRe Holdings Ltd COMMON G7496G103 709 9200 SH SOLE NONE X 0 0 Republic Services Inc COMMON 760759100 10115 367700 SH SOLE NONE X 0 0 Responsys Inc COMMON 761248103 3785 370000 SH SOLE NONE X 0 0 Reynolds American Inc COMMON 761713106 17414 401800 SH SOLE NONE X 0 0 RF Micro Devices Inc COMMON 749941100 5135 1300000 SH SOLE NONE X 0 0 Richmont Mines Inc COMMON 76547T106 13013 2730000 SH SOLE NONE X 0 0 Ritchie Bros Auctioneers Inc COMMON 767744105 734 38200 SH SOLE NONE X 0 0 Riverbed Technology Inc COMMON 768573107 5236 225000 SH SOLE NONE X 0 0 Robert Half International Inc COMMON 770323103 4197 157600 SH SOLE NONE X 0 0 Rock-Tenn Co COMMON 772739207 1689 23400 SH SOLE NONE X 0 0 Rockwell Automation Inc COMMON 773903109 11086 159400 SH SOLE NONE X 0 0 Rockwell Collins Inc COMMON 774341101 8507 158600 SH SOLE NONE X 0 0 Roper Industries Inc COMMON 776696106 14275 129900 SH SOLE NONE X 0 0 Ross Stores Inc COMMON 778296103 16344 253000 SH SOLE NONE X 0 0 Rowan Cos Plc COMMON G7665A101 4370 129400 SH SOLE NONE X 0 0 Royal Caribbean Cruises Ltd COMMON V7780T103 1480 49000 SH SOLE NONE X 0 0 Royal Dutch Shell PLC ADR 780259206 70700 1018587 SH SOLE NONE X 0 0 RR Donnelley & Sons Co COMMON 257867101 1489 140500 SH SOLE NONE X 0 0 Ryanair Holdings PLC ADR 783513104 1497 46407 SH SOLE NONE X 0 0 Ryder System Inc COMMON 783549108 1555 39800 SH SOLE NONE X 0 0 Safeway Inc COMMON 786514208 4344 270000 SH SOLE NONE X 0 0 SAIC Inc COMMON 78390X101 3377 280500 SH SOLE NONE X 0 0 Salesforce.com Inc COMMON 79466L302 21239 139100 SH SOLE NONE X 0 0 Salesforce.com Inc NOTE 79466LAB0 35175 18900000 PRN SOLE NONE X 0 0 Sally Beauty Holdings Inc COMMON 79546E104 3051 121600 SH SOLE NONE X 0 0 Sally Beauty Holdings Inc LISTED OPTION 79546E104 -25 -300 SH CALL SOLE NONE X 0 0 SanDisk Corp COMMON 80004C101 10523 242300 SH SOLE NONE X 0 0 SanDisk Corp NOTE 80004CAC5 8199 8240000 PRN SOLE NONE X 0 0 Sanofi ADR 80105N105 13995 325000 SH SOLE NONE X 0 0 SBA Communications Corp COMMON 78388J106 2642 42000 SH SOLE NONE X 0 0 SBA Communications Corp NOTE 78388JAM8 9634 4500000 PRN SOLE NONE X 0 0 SCANA Corp COMMON 80589M102 7014 145300 SH SOLE NONE X 0 0 Schlumberger Ltd COMMON 806857108 107836 1490892 SH SOLE NONE X 0 0 Scripps Networks Interactive Inc COMMON 811065101 6025 98400 SH SOLE NONE X 0 0 SeaDrill Ltd COMMON G7945E105 15961 408476 SH SOLE NONE X 0 0 Seagate Technology PLC COMMON G7945M107 8847 285400 SH SOLE NONE X 0 0 Sealed Air Corp COMMON 81211K100 3033 196200 SH SOLE NONE X 0 0 Sears Holdings Corp COMMON 812350106 705 12700 SH SOLE NONE X 0 0

FORM 13F INFORMATION TABLE 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 MANAGERS SOLE SHARED NONE --------------------------------------- ----------------- --------- -------- --------- --- ---- ---------- -------- ---- ------ ---- SEI Investments Co COMMON 784117103 519 24200 SH SOLE NONE X 0 0 SemGroup Corp COMMON 81663A105 14556 395000 SH SOLE NONE X 0 0 SemGroup Corp LISTED OPTION 81663A### -## -#### SH PUT SOLE NONE X 0 0 SemGroup Corp LISTED OPTION 81663A105 218 3000 SH CALL SOLE NONE X 0 0 Sempra Energy COMMON 816851109 17593 272800 SH SOLE NONE X 0 0 Sensata Technologies Holding NV COMMON N7902X106 902 30300 SH SOLE NONE X 0 0 ServiceSource International Inc COMMON 81763U100 2052 200000 SH SOLE NONE X 0 0 Sherwin-Williams Co, The COMMON 824348106 14191 95300 SH SOLE NONE X 0 0 Sigma-Aldrich Corp COMMON 826552101 3159 43900 SH SOLE NONE X 0 0 Silver Wheaton Corp COMMON 828336107 325969 8207200 SH SOLE NONE X 0 0 Simon Property Group Inc REIT 828806109 47684 314100 SH SOLE NONE X 0 0 Sirius XM Radio Inc COMMON 82967N108 3426 1317576 SH SOLE NONE X 0 0 SL Green Realty Corp REIT 78440X101 1273 15900 SH SOLE NONE X 0 0 SLM Corp COMMON 78442P106 4749 302100 SH SOLE NONE X 0 0 Smithfield Foods Inc COMMON 832248108 117900 6000000 SH SOLE NONE X 0 0 Smithfield Foods Inc NOTE 832248AR9 11207 10460000 PRN SOLE NONE X 0 0 Snap-on Inc COMMON 833034101 3256 45300 SH SOLE NONE X 0 0 Societe Aurifere Barrick COMMON 067901108 200851 4810788 SH SOLE NONE X 0 0 Southern Co/The COMMON 842587107 39278 852200 SH SOLE NONE X 0 0 Southern Copper Corp COMMON 84265V105 15890 462469 SH SOLE NONE X 0 0 Southwest Airlines Co COMMON 844741108 5656 644900 SH SOLE NONE X 0 0 Southwestern Energy Co COMMON 845467109 13592 390800 SH SOLE NONE X 0 0 Spectra Energy Corp COMMON 847560109 18564 632300 SH SOLE NONE X 0 0 Sprint Nextel Corp COMMON 852061100 18648 3378200 SH SOLE NONE X 0 0 SPX Corp COMMON 784635104 1145 17500 SH SOLE NONE X 0 0 St Jude Medical Inc COMMON 790849103 13920 330400 SH SOLE NONE X 0 0 Stanley Black & Decker Inc COMMON 854502101 184853 2424307 SH SOLE NONE X 0 0 Staples Inc COMMON 855030102 9513 825800 SH SOLE NONE X 0 0 Starbucks Corp COMMON 855244109 59164 1165800 SH SOLE NONE X 0 0 Starwood Hotels & Resorts Worldwide Inc COMMON 85590A401 12838 221500 SH SOLE NONE X 0 0 State Street Corp COMMON 857477103 20930 498800 SH SOLE NONE X 0 0 Stericycle Inc COMMON 858912108 8717 96300 SH SOLE NONE X 0 0 Sterling Financial Corp/WA COMMON 859319303 2227 100000 SH SOLE NONE X 0 0 Stewart Information Services Corp NOTE 860372AB7 8211 4900000 PRN SOLE NONE X 0 0 Stryker Corp COMMON 863667101 17182 308700 SH SOLE NONE X 0 0 Student Transportation Inc COMMON 86388A108 51670 7599518 SH SOLE NONE X 0 0 SunCoke Energy Inc COMMON 86722A103 3224 200000 SH SOLE NONE X 0 0 Suncor Energy Inc COMMON 867224107 605508 18422681 SH SOLE NONE X 0 0 Sunoco Inc COMMON 86764P109 5109 109100 SH SOLE NONE X 0 0 SunTrust Banks Inc COMMON 867914103 18031 637800 SH SOLE NONE X 0 0 Superior Energy Services Inc COMMON 868157108 835 40700 SH SOLE NONE X 0 0 Symantec Corp COMMON 871503108 13772 765100 SH SOLE NONE X 0 0 Synchronoss Technologies Inc COMMON 87157B103 4122 180000 SH SOLE NONE X 0 0 Synchronoss Technologies Inc LISTED OPTION 87157B103 -171 -600 SH CALL SOLE NONE X 0 0 Synopsys Inc COMMON 871607107 1076 32600 SH SOLE NONE X 0 0 Sysco Corp COMMON 871829107 1779 56900 SH SOLE NONE X 0 0 T Rowe Price Group Inc COMMON 74144T108 16667 263300 SH SOLE NONE X 0 0 Take-Two Interactive Software Inc COMMON 874054109 3911 375000 SH SOLE NONE X 0 0 Take-Two Interactive Software Inc LISTED OPTION 874054109 -45 -2000 SH PUT SOLE NONE X 0 0 Take-Two Interactive Software Inc LISTED OPTION 874054109 155 2000 SH CALL SOLE NONE X 0 0 Talisman Energy Inc COMMON 87425E103 361895 27099437 SH SOLE NONE X 0 0 Target Corp COMMON 87612E106 60189 948300 SH SOLE NONE X 0 0 TD Ameritrade Holding Corp COMMON 87236Y108 31750 2065700 SH SOLE NONE X 0 0 TE Connectivity Ltd COMMON H84989104 15726 462400 SH SOLE NONE X 0 0 Teck Resources Ltd COMMON 878742204 240754 8165797 SH SOLE NONE X 0 0 TELUS Corporation COMMON 87971M202 582462 9318919 SH SOLE NONE X 0 0 Tenet Healthcare Corp COMMON 88033G407 1932 308200 SH SOLE NONE X 0 0 Teradata Corp COMMON 88076W103 12737 168900 SH SOLE NONE X 0 0 Teradyne Inc COMMON 880770102 5421 381200 SH SOLE NONE X 0 0 Teradyne Inc NOTE 880770AE2 15881 6000000 PRN SOLE NONE X 0 0

FORM 13F INFORMATION TABLE 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 MANAGERS SOLE SHARED NONE --------------------------------------- ----------------- --------- -------- --------- --- ---- ---------- -------- ---- ------ ---- Terex Corp NOTE 880779AV5 12725 8080000 PRN SOLE NONE X 0 0 Tesoro Corp COMMON 881609101 4567 109000 SH SOLE NONE X 0 0 Texas Instruments Inc COMMON 882508104 26635 966800 SH SOLE NONE X 0 0 Theratechnologies Inc COMMON 88338H100 3091 6081800 SH SOLE NONE X 0 0 Thermo Fisher Scientific Inc COMMON 883556102 22667 385300 SH SOLE NONE X 0 0 THQ Inc COMMON 872443601 833 225000 SH SOLE NONE X 0 0 TIBCO Software Inc COMMON 88632Q103 3023 100000 SH SOLE NONE X 0 0 Tilly's Inc COMMON 886885102 1191 65000 SH SOLE NONE X 0 0 Tim Hortons Inc COMMON 88706M103 29366 564786 SH SOLE NONE X 0 0 Time Warner Cable Inc COMMON 88732J207 35362 372000 SH SOLE NONE X 0 0 Time Warner Inc COMMON 887317303 52080 1148900 SH SOLE NONE X 0 0 Titanium Metals Corp COMMON 888339207 725 56500 SH SOLE NONE X 0 0 TJX Cos Inc COMMON 872540109 45224 1009700 SH SOLE NONE X 0 0 Toll Brothers Inc COMMON 889478103 1728 52000 SH SOLE NONE X 0 0 Torchmark Corp COMMON 891027104 9846 191750 SH SOLE NONE X 0 0 Total System Services Inc COMMON 891906109 5728 241700 SH SOLE NONE X 0 0 Tractor Supply Co COMMON 892356106 8505 86000 SH SOLE NONE X 0 0 TransCanada Corp COMMON 89353D107 240660 5292755 SH SOLE NONE X 0 0 Transocean Ltd COMMON H8817H100 18159 406811 SH SOLE NONE X 0 0 Travelers Cos Inc, The COMMON 89417E109 27324 400300 SH SOLE NONE X 0 0 TreeHouse Foods Inc COMMON 89469A104 2906 55360 SH SOLE NONE X 0 0 Trimble Navigation Ltd COMMON 896239100 1320 27700 SH SOLE NONE X 0 0 TripAdvisor Inc COMMON 896945201 2814 85450 SH SOLE NONE X 0 0 TRW Automotive Holdings Corp COMMON 87264S106 1582 36196 SH SOLE NONE X 0 0 TRW Automotive Holdings Corp NOTE 87264MAH2 8773 5320000 PRN SOLE NONE X 0 0 TTM Technologies Inc NOTE 87305RAC3 4687 4620000 PRN SOLE NONE X 0 0 Turquoise Hill Resources Ltd COMMON 900435108 353072 41505959 SH SOLE NONE X 0 0 Two Harbors Investment Corp REIT 90187B101 2056 175000 SH SOLE NONE X 0 0 Tyco International Ltd COMMON H89128104 31269 555800 SH SOLE NONE X 0 0 Tyson Foods Inc COMMON 902494103 2052 128100 SH SOLE NONE X 0 0 Tyson Foods Inc NOTE 902494AP8 5947 5280000 PRN SOLE NONE X 0 0 UBS AG COMMON H89231338 52442 4304373 SH SOLE NONE X 0 0 UDR Inc REIT 902653104 1085 43700 SH SOLE NONE X 0 0 Ulta Salon Cosmetics & Fragrance Inc COMMON 90384S303 1994 20700 SH SOLE NONE X 0 0 Union Pacific Corp COMMON 907818108 88230 743300 SH SOLE NONE X 0 0 United Community Banks Inc/GA COMMON 90984P303 2517 300000 SH SOLE NONE X 0 0 United Continental Holdings Inc COMMON 910047109 555 28452 SH SOLE NONE X 0 0 United Parcel Service Inc COMMON 911312106 56519 789700 SH SOLE NONE X 0 0 United States Steel Corp COMMON 912909108 3038 159300 SH SOLE NONE X 0 0 United States Steel Corp NOTE 912909AE8 13484 12947000 PRN SOLE NONE X 0 0 United Technologies Corp COMMON 913017109 73827 943000 SH SOLE NONE X 0 0 UnitedHealth Group Inc COMMON 91324P102 60308 1088400 SH SOLE NONE X 0 0 Universal American Corp/NY COMMON 91338E101 34899 3776959 SH SOLE NONE X 0 0 Universal Health Services Inc COMMON 913903100 4573 100000 SH SOLE NONE X 0 0 Unum Group COMMON 91529Y106 5168 268900 SH SOLE NONE X 0 0 Urban Outfitters Inc COMMON 917047102 4704 125233 SH SOLE NONE X 0 0 URS Corp COMMON 903236107 915 25900 SH SOLE NONE X 0 0 US Bancorp COMMON 902973304 74198 2163200 SH SOLE NONE X 0 0 Vale SA ADR 91912E105 54628 3051856 SH SOLE NONE X 0 0 Valeant Pharmaceuticals International I COMMON 91911K102 110729 2007951 SH SOLE NONE X 0 0 Valero Energy Corp COMMON 91913Y100 19619 619300 SH SOLE NONE X 0 0 Vanguard MSCI Emerging Markets ETF ETF 922042858 1878 44990 SH SOLE NONE X 0 0 Ventas Inc REIT 92276F100 19030 305700 SH SOLE NONE X 0 0 VeriFone Systems Inc COMMON 92342Y109 641 23000 SH SOLE NONE X 0 0 Verint Systems Inc COMMON 92343X100 5214 190000 SH SOLE NONE X 0 0 VeriSign Inc COMMON 92343E102 7644 157000 SH SOLE NONE X 0 0 VeriSign Inc NOTE 92343EAD4 25192 16748000 PRN SOLE NONE X 0 0 Verisk Analytics Inc COMMON 92345Y106 2331 48966 SH SOLE NONE X 0 0 Verizon Communications Inc COMMON 92343V104 156387 3431800 SH SOLE NONE X 0 0 Vertex Pharmaceuticals Inc COMMON 92532F100 2288 40900 SH SOLE NONE X 0 0

FORM 13F INFORMATION TABLE 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 MANAGERS SOLE SHARED NONE --------------------------------------- ----------------- --------- -------- --------- --- ---- ---------- -------- ---- ------ ---- Vetements de Sport Gildan Inc, Les COMMON 375916103 328005 10354202 SH SOLE NONE X 0 0 VF Corp COMMON 918204108 21657 135900 SH SOLE NONE X 0 0 Viacom Inc COMMON 92553P201 30664 572200 SH SOLE NONE X 0 0 Virgin Media Inc COMMON 92769L101 2694 91500 SH SOLE NONE X 0 0 Virgin Media Inc NOTE 92769LAB7 11471 6580000 PRN SOLE NONE X 0 0 ViroPharma Inc NOTE 928241AH1 14474 8300000 PRN SOLE NONE X 0 0 Visa Inc COMMON 92826C839 76070 566500 SH SOLE NONE X 0 0 Vornado Realty Trust REIT 929042109 14151 174600 SH SOLE NONE X 0 0 Vulcan Materials Co COMMON 929160109 6792 143600 SH SOLE NONE X 0 0 Wabtec Corp COMMON 929740108 16058 200000 SH SOLE NONE X 0 0 WageWorks Inc COMMON 930427109 10734 615102 SH SOLE NONE X 0 0 Walgreen Co COMMON 931422109 48680 1335900 SH SOLE NONE X 0 0 Wal-Mart Stores Inc COMMON 931142103 155238 2103500 SH SOLE NONE X 0 0 Walt Disney Co, The COMMON 254687106 110970 2122600 SH SOLE NONE X 0 0 Walter Energy Inc COMMON 93317Q105 657 20247 SH SOLE NONE X 0 0 Warner Chilcott PLC COMMON G94368100 544 40300 SH SOLE NONE X 0 0 Washington Post Co, The COMMON 939640108 1888 5200 SH SOLE NONE X 0 0 Waste Management Inc COMMON 94106L109 16909 527100 SH SOLE NONE X 0 0 Waters Corp COMMON 941848103 2542 30500 SH SOLE NONE X 0 0 Watson Pharmaceuticals Inc COMMON 942683103 10580 124240 SH SOLE NONE X 0 0 Weatherford International Ltd/Switzerla COMMON H27013103 3293 259700 SH SOLE NONE X 0 0 WellPoint Inc COMMON 94973V107 19944 343800 SH SOLE NONE X 0 0 Wells Fargo & Co COMMON 949746101 181769 5264100 SH SOLE NONE X 0 0 WESCO International Inc COMMON 95082P105 10868 190000 SH SOLE NONE X 0 0 Western Asset Mortgage Capital Corp REIT 95790D105 1665 75000 SH SOLE NONE X 0 0 Western Digital Corp COMMON 958102105 8730 225400 SH SOLE NONE X 0 0 Western Refining Inc NOTE 959319AC8 42997 16998000 PRN SOLE NONE X 0 0 Western Union Co, The COMMON 959802109 11921 654300 SH SOLE NONE X 0 0 Weyerhaeuser Co REIT 962166104 14565 557198 SH SOLE NONE X 0 0 Whirlpool Corp COMMON 963320106 7230 87200 SH SOLE NONE X 0 0 Whiting Petroleum Corp COMMON 966387102 7151 150938 SH SOLE NONE X 0 0 Whole Foods Market Inc COMMON 966837106 27204 279300 SH SOLE NONE X 0 0 Williams Cos Inc/The COMMON 969457100 28063 802500 SH SOLE NONE X 0 0 Willis Group Holdings PLC COMMON G96666105 33885 917800 SH SOLE NONE X 0 0 Windstream Corp COMMON 97381W104 6695 662253 SH SOLE NONE X 0 0 Wisconsin Energy Corp COMMON 976657106 9775 259500 SH SOLE NONE X 0 0 WNS Holdings Ltd ADR 92932M101 4177 407868 SH SOLE NONE X 0 0 WPX Energy Inc COMMON 98212B103 2574 155133 SH SOLE NONE X 0 0 WR Berkley Corp COMMON 084423102 776 20700 SH SOLE NONE X 0 0 WW Grainger Inc COMMON 384802104 14023 67300 SH SOLE NONE X 0 0 Wyndham Worldwide Corp COMMON 98310W108 8470 161400 SH SOLE NONE X 0 0 Wynn Resorts Ltd COMMON 983134107 10367 89800 SH SOLE NONE X 0 0 Xcel Energy Inc COMMON 98389B100 16285 587700 SH SOLE NONE X 0 0 Xerox Corp COMMON 984121103 10461 1425172 SH SOLE NONE X 0 0 Xilinx Inc COMMON 983919101 8783 262900 SH SOLE NONE X 0 0 Xilinx Inc NOTE 983919AD3 12879 10720000 PRN SOLE NONE X 0 0 XL Group PLC COMMON G98290102 9095 378500 SH SOLE NONE X 0 0 Xylem Inc/NY COMMON 98419M100 3999 159000 SH SOLE NONE X 0 0 Yahoo! Inc COMMON 984332106 18555 1161500 SH SOLE NONE X 0 0 Yahoo! Inc LISTED OPTION 984332106 4 1500 SH CALL SOLE NONE X 0 0 Yum! Brands Inc COMMON 988498101 67906 1023600 SH SOLE NONE X 0 0 Zimmer Holdings Inc COMMON 98956P102 26324 389300 SH SOLE NONE X 0 0