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
ABBVIE INC COM 00287Y109 23,526 380,000 SH   SOLE   380,000 0 0
ACADIA RLTY TR COM SH BEN INT 004239109 451 12,700 SH   DFND 1 12,700 0 0
ADAM NAT RES FD INC COM 00548F105 43,976 2,186,774 SH   SOLE   2,186,774 0 0
ADOBE SYS INC COM 00724F101 16,859 176,000 SH   SOLE   176,000 0 0
ADVANCED ENERGY INDS COM 007973100 281 7,400 SH   DFND 1 7,400 0 0
AEGION CORP COM 00770F104 421 21,600 SH   DFND 1 21,600 0 0
AETNA INC NEW COM 00817Y108 22,460 183,900 SH   SOLE   183,900 0 0
AIRCASTLE LTD COM G0129K104 340 17,400 SH   DFND 1 17,400 0 0
ALBANY INTERNATIONAL CORP COM 012348108 411 10,300 SH   DFND 1 10,300 0 0
ALLEGIANT TRAVEL CO COM 01748X102 318 2,100 SH   DFND 1 2,100 0 0
ALLERGAN PLC SHS G0177J108 24,749 107,096 SH   SOLE   107,096 0 0
ALLSTATE CORP COM 020002101 17,592 251,500 SH   SOLE   251,500 0 0
ALPHABET INC CL A 38259P508 24,975 35,500 SH   SOLE   35,500 0 0
ALPHABET INC CL C 38259P706 24,637 35,597 SH   SOLE   35,597 0 0
AMAZON COM INC COM 023135106 35,781 50,000 SH   SOLE   50,000 0 0
AMERICAN INTL GROUP INC COM NEW 026874784 13,910 263,000 SH   SOLE   263,000 0 0
AMERICAN STS WTR CO COM 029899101 381 8,700 SH   DFND 1 8,700 0 0
AMERICAN TOWER CORP NEW COM 03027X100 11,929 105,000 SH   SOLE   105,000 0 0
AMKOR TECHNOLOGY INC COM 031652100 326 56,700 SH   DFND 1 56,700 0 0
AMSURG CORP COM 03232P405 395 5,100 SH   DFND 1 5,100 0 0
AMTRUST FINL SVCS INC COM 032359309 375 15,300 SH   DFND 1 15,300 0 0
ANIKA THERAPEUTICS INC COM 035255108 483 9,000 SH   DFND 1 9,000 0 0
APOGEE ENTERPRISES INC COM 037598109 375 8,100 SH   DFND 1 8,100 0 0
APPLE INC COM 037833100 55,563 581,200 SH   SOLE   581,200 0 0
APPLIED GENETIC TECHNOL COR COM 03820J100 239 16,900 SH   DFND 1 16,900 0 0
AZZ INC COM 002474104 462 7,700 SH   DFND 1 7,700 0 0
BANK OF AMERICA CORP. COM 060505104 12,605 949,900 SH   SOLE   949,900 0 0
BENCHMARK ELECTRS INC COM 08160H101 368 17,400 SH   DFND 1 17,400 0 0
BERRY PLASTICS GROUP INC. COM 08579W103 392 10,100 SH   DFND 1 10,100 0 0
BIOGEN INC COM 09062X103 11,366 47,000 SH   SOLE   47,000 0 0
BIOSPECIFICS TECHNOLOGIES C COM 090931106 272 6,800 SH   DFND 1 6,800 0 0
BLACKROCK INC COM 09247X101 19,935 58,200 SH   SOLE   58,200 0 0
BOEING CO COM 097023105 26,623 205,000 SH   SOLE   205,000 0 0
BOSTON PROPERTIES INC COM 101121101 11,251 85,300 SH   SOLE   85,300 0 0
BURLINGTON STORES INC COM 122017106 534 8,000 SH   DFND 1 8,000 0 0
CAL MAINE FOODS INC COM NEW 128030202 288 6,500 SH   DFND 1 6,500 0 0
CAPITAL BK FINL CORP CL A COM 139794101 325 11,300 SH   DFND 1 11,300 0 0
CAPITAL ONE FINL CORP COM 14040H105 15,560 245,000 SH   SOLE   245,000 0 0
CATHAY GEN BANCORP COM 149150104 330 11,700 SH   DFND 1 11,700 0 0
CEB INC COM 125134106 352 5,700 SH   DFND 1 5,700 0 0
CENTRAL GARDEN & PET CO CL A NON-VTG 153527205 434 20,000 SH   DFND 1 20,000 0 0
CENTRAL PAC FINL CORP COM NEW 154760409 396 16,800 SH   DFND 1 16,800 0 0
CF INDS HLDGS INC COM 125269100 4,896 203,155 SH   SOLE   203,155 0 0
CHEVRON CORP NEW COM 166764100 22,853 218,000 SH   SOLE   218,000 0 0
CHUBB LTD COM H1467J104 19,241 147,200 SH   SOLE   147,200 0 0
CIGNA CORPORATION COM 125509109 18,661 145,800 SH   SOLE   145,800 0 0
CIRRUS LOGIC INC COM 172755100 353 9,100 SH   DFND 1 9,100 0 0
CISCO SYS INC COM 17275R102 12,796 446,000 SH   SOLE   446,000 0 0
CITRIX SYS INC COM 177376100 8,634 107,800 SH   SOLE   107,800 0 0
COCA COLA CO COM 191216100 8,431 186,000 SH   SOLE   186,000 0 0
COLLECTORS UNIVERSE INC COM NEW 19421R200 464 23,500 SH   DFND 1 23,500 0 0
COMCAST CORP NEW CL A 20030N101 36,493 559,800 SH   SOLE   559,800 0 0
CONCHO RES INC COM 20605P101 6,858 57,500 SH   SOLE   57,500 0 0
CONSOLIDATED COMM HLDGS INC COM 209034107 488 17,900 SH   DFND 1 17,900 0 0
CROSS CTRY HEALTHCARE INC COM 227483104 316 22,700 SH   DFND 1 22,700 0 0
CSG SYS INTL INC COM 126349109 355 8,800 SH   DFND 1 8,800 0 0
CUBESMART COM 229663109 408 13,200 SH   DFND 1 13,200 0 0
CURTISS WRIGHT CORP COM 231561101 531 6,300 SH   DFND 1 6,300 0 0
CUSTOMERS BANCORP INC COM 23204G100 352 14,000 SH   DFND 1 14,000 0 0
CVS HEALTH CORP COM 126650100 30,062 314,000 SH   SOLE   314,000 0 0
CYRUSONE INC COM 23283R100 579 10,400 SH   DFND 1 10,400 0 0
DCT INDUSTRIAL TRUST INC COM NEW 233153204 538 11,200 SH   DFND 1 11,200 0 0
DEAN FOODS CO NEW COM NEW 242370203 378 20,900 SH   DFND 1 20,900 0 0
DELTA AIR LINES INC DEL COM NEW 247361702 11,363 311,900 SH   SOLE   311,900 0 0
DELUXE CORP COM 248019101 458 6,900 SH   DFND 1 6,900 0 0
DISNEY WALT CO COM DISNEY 254687106 18,077 184,800 SH   SOLE   184,800 0 0
DOLLAR GEN CORP NEW COM 256677105 17,879 190,200 SH   SOLE   190,200 0 0
DOVER CORP COM 260003108 12,200 176,000 SH   SOLE   176,000 0 0
DTE ENERGY CO COM 233331107 12,033 121,400 SH   SOLE   121,400 0 0
DUPONT FABROS TECHNOLOGY IN COM 26613Q106 471 9,900 SH   DFND 1 9,900 0 0
EDISON INTL COM 281020107 11,635 149,800 SH   SOLE   149,800 0 0
EDWARD LIFESCIENCES CORP COM 28176E108 19,427 194,800 SH   SOLE   194,800 0 0
ELLIS PERRY INTL INC COM 288853104 368 18,300 SH   DFND 1 18,300 0 0
EMERGENT BIOSOLUTIONS INC COM 29089Q105 202 7,200 SH   DFND 1 7,200 0 0
EMPIRE ST RLTY TR INC CL A 292104106 423 22,300 SH   DFND 1 22,300 0 0
ENANTA PHARMACEUTICALS INC COM 29251M106 194 8,800 SH   DFND 1 8,800 0 0
ENDURANCE SPECIALTY HLDGS L SHS G30397106 390 5,800 SH   DFND 1 5,800 0 0
EOG RES INC COM 26875P101 12,613 151,200 SH   SOLE   151,200 0 0
ETHAN ALLEN INTERIORS INC COM 297602104 486 14,700 SH   DFND 1 14,700 0 0
EXLSERVICE HOLDINGS INC COM 302081104 508 9,700 SH   DFND 1 9,700 0 0
EXXON MOBIL CORP COM 30231G102 9,468 101,000 SH   SOLE   101,000 0 0
FACEBOOK INC CL A 30303M102 34,661 303,300 SH   SOLE   303,300 0 0
FAIR ISAAC CORP COM 303250104 475 4,200 SH   DFND 1 4,200 0 0
FEDERAL AGRIC MTG CORP CL C 313148306 359 10,300 SH   DFND 1 10,300 0 0
FEDEX CORP COM 31428X106 12,142 80,000 SH   SOLE   80,000 0 0
FIRST FINL CORP IND COM 320218100 388 10,600 SH   DFND 1 10,600 0 0
FORUM ENERGY TECHNOLOGIES I COM 34984V100 365 21,100 SH   DFND 1 21,100 0 0
GENERAL ELECTRIC CO COM 369604103 7,760 246,500 SH   SOLE   246,500 0 0
GENTHERM INC COM 37253A103 291 8,500 SH   DFND 1 8,500 0 0
GILEAD SCIENCES INC COM 375558103 18,461 221,300 SH   SOLE   221,300 0 0
GOLDMAN SACHS GROUP INC COM 38141G104 15,007 101,000 SH   SOLE   101,000 0 0
GRANITE CONSTR INC COM 387328107 478 10,500 SH   DFND 1 10,500 0 0
GREAT SOUTHN BANCORP INC COM 390905107 285 7,700 SH   DFND 1 7,700 0 0
GREAT WESTN BANCORP INC COM 391416104 451 14,300 SH   DFND 1 14,300 0 0
HALLIBURTON CO COM 406216101 16,051 354,400 SH   SOLE   354,400 0 0
HANESBRANDS INC COM 410345102 15,279 608,000 SH   SOLE   608,000 0 0
HB FULLER CO. COM 359694106 365 8,300 SH   DFND 1 8,300 0 0
HESKA CORP COM RESTRC NEW 42805E306 279 7,500 SH   DFND 1 7,500 0 0
HIGHWOODS PPTYS INC COM 431284108 454 8,600 SH   DFND 1 8,600 0 0
HONEYWELL INTL INC COM 438516106 33,442 287,500 SH   SOLE   287,500 0 0
HORACE MANN EDUCATORS CORP COM 440327104 351 10,400 SH   DFND 1 10,400 0 0
HUB GROUP INC CL A 443320106 411 10,700 SH   DFND 1 10,700 0 0
ICU MED INC COM 44930G107 440 3,900 SH   DFND 1 3,900 0 0
IDACORP INC COM 451107106 447 5,500 SH   DFND 1 5,500 0 0
INDEPENDENT BANK CORP MASS COM 453836108 361 7,900 SH   DFND 1 7,900 0 0
INGLES MKTS INC CL A 457030104 354 9,500 SH   DFND 1 9,500 0 0
INTERCONTINENTAL EXCHANGE COM 45866F104 18,583 72,600 SH   SOLE   72,600 0 0
INTERDIGITAL INC COM 45867G101 451 8,100 SH   DFND 1 8,100 0 0
JACK IN THE BOX INC COM 466367109 473 5,500 SH   DFND 1 5,500 0 0
JOHNSON & JOHNSON COM 478160104 7,763 64,000 SH   SOLE   64,000 0 0
JPMORGAN CHASE & CO COM 46625H100 23,495 378,100 SH   SOLE   378,100 0 0
KAISER ALUMINUM CORP COM PAR $0.01 483007704 371 4,100 SH   DFND 1 4,100 0 0
KIRKLANDS INC COM 497498105 267 18,200 SH   DFND 1 18,200 0 0
KROGER CO COM 501044101 18,689 508,000 SH   SOLE   508,000 0 0
LAM RESEARCH CORP COM 512807108 10,726 127,600 SH   SOLE   127,600 0 0
LANNET INC COM 516012101 197 8,300 SH   DFND 1 8,300 0 0
LIGAND PHARMACEUTICALS INC COM NEW 53220K504 310 2,600 SH   DFND 1 2,600 0 0
LITHIA MTRS INC CL A 536797103 270 3,800 SH   DFND 1 3,800 0 0
LOGMEIN INC COM 54142L109 368 5,800 SH   DFND 1 5,800 0 0
LOWES COS INC COM 548661107 32,064 405,000 SH   SOLE   405,000 0 0
LYDALL INC DEL COM 550819106 490 12,700 SH   DFND 1 12,700 0 0
LYONDELLBASELL INDUSTRIES N SHS - A - N53745100 13,842 186,000 SH   SOLE   186,000 0 0
MAGNA INTL INC COM 559222401 8,838 252,000 SH   SOLE   252,000 0 0
MANHATTAN ASSOCS INC COM 562750109 372 5,800 SH   DFND 1 5,800 0 0
MARATHON PETE CORP COM 56585A102 6,301 166,000 SH   SOLE   166,000 0 0
MARKETAXESS HLDGS INC COM 57060D108 436 3,000 SH   DFND 1 3,000 0 0
MARRIOTT VACATIONS WORLDWID COM 57164Y107 514 7,500 SH   DFND 1 7,500 0 0
MASIMO CORP COM 574795100 530 10,100 SH   DFND 1 10,100 0 0
MASTERCARD INC CL A 57636Q104 20,254 230,000 SH   SOLE   230,000 0 0
MERCK & CO INC NEW COM 58933Y105 27,653 480,000 SH   SOLE   480,000 0 0
MICROSOFT CORP COM 594918104 42,819 836,800 SH   SOLE   836,800 0 0
MKS INSTRUMENT INC COM 55306N104 340 7,900 SH   DFND 1 7,900 0 0
MYRIAD GENETICS INC COM 62855J104 187 6,100 SH   DFND 1 6,100 0 0
NATIONAL HEALTH INVS INC COM 63633D104 466 6,200 SH   DFND 1 6,200 0 0
NAUTILUS INC COM 63910B102 435 24,400 SH   DFND 1 24,400 0 0
NELNET INC CL A 64031N108 361 10,400 SH   DFND 1 10,400 0 0
NEUROCRINE BIOSCIENCES INC COM 64125C109 223 4,900 SH   DFND 1 4,900 0 0
NEUSTAR INC CL A 64126X201 397 16,900 SH   DFND 1 16,900 0 0
NEXTERA ENERGY INC COM 65339F101 14,579 111,800 SH   SOLE   111,800 0 0
NXP SEMICONDUCTORS N V COM N6596X109 9,573 122,200 SH   SOLE   122,200 0 0
ONE GAS INC COM 68235P108 513 7,700 SH   DFND 1 7,700 0 0
OPUS BK IRVINE CALIF COM 684000102 318 9,400 SH   DFND 1 9,400 0 0
ORACLE CORP COM 68389X105 9,046 221,000 SH   SOLE   221,000 0 0
ORASURE TECHNOLOGIES INC COM 68554V108 322 54,500 SH   DFND 1 54,500 0 0
PAREXEL INTL CORP COM 699462107 371 5,900 SH   DFND 1 5,900 0 0
PARSLEY ENERGY INC CL A 701877102 444 16,400 SH   DFND 1 16,400 0 0
PDL BIOPHARMA INC COM 69329Y104 217 69,200 SH   DFND 1 69,200 0 0
PEBBLEBROOK HOTEL TR COM 70509V100 420 16,000 SH   DFND 1 16,000 0 0
PENN NATL GAMING INC COM 707569109 300 21,500 SH   DFND 1 21,500 0 0
PENNYMAC MTG INVT TR COM 70931T103 422 26,000 SH   DFND 1 26,000 0 0
PEPSICO INC COM 713448108 36,390 343,500 SH   SOLE   343,500 0 0
PFIZER INC COM 717081103 17,427 494,940 SH   SOLE   494,940 0 0
PHILIP MORRIS INTL INC COM 718172109 32,886 323,300 SH   SOLE   323,300 0 0
PINNACLE WEST CAP CORP COM 723484101 8,714 107,500 SH   SOLE   107,500 0 0
PIPER JAFFRAY COS COM 724078100 377 10,000 SH   DFND 1 10,000 0 0
POLYCOM INC COM 73172K104 343 30,500 SH   DFND 1 30,500 0 0
POLYONE CORP COM 73179P106 352 10,000 SH   DFND 1 10,000 0 0
PPG INDS INC COM 693506107 8,853 85,000 SH   SOLE   85,000 0 0
PRESTIGE BRANDS HLDGS INC COM 74112D101 266 4,800 SH   DFND 1 4,800 0 0
PRIVATEBANCORP INC COM 742962103 392 8,900 SH   DFND 1 8,900 0 0
PROCTER & GAMBLE CO COM 742718109 11,164 131,850 SH   SOLE   131,850 0 0
PROGRESS SOFTWARE CORP COM 743312100 439 16,000 SH   DFND 1 16,000 0 0
PROVIDENT FINL SVCS INC COM 74386T105 344 17,500 SH   DFND 1 17,500 0 0
PRUDENTIAL FINL INC COM 744320102 13,490 189,100 SH   SOLE   189,100 0 0
QUALITY SYS INC COM 747582104 311 26,100 SH   DFND 1 26,100 0 0
RADNET INC COM 750491102 330 61,800 SH   DFND 1 61,800 0 0
RLJ LODGING TR COM 74965L101 425 19,800 SH   DFND 1 19,800 0 0
SANMINA CORPORATION COM 801056102 458 17,100 SH   DFND 1 17,100 0 0
SBA COMMUNICATIONS CORP COM 78388J106 9,715 90,000 SH   SOLE   90,000 0 0
SEACOR HOLDINGS INC COM 811904101 319 5,500 SH   DFND 1 5,500 0 0
SIGMA DESINGS INC COM 826565103 241 37,500 SH   DFND 1 37,500 0 0
SIMON PPTY GROUP INC NEW COM 828806109 16,701 77,000 SH   SOLE   77,000 0 0
SINCLAIR BROADCAST GROUP IN CL A 829226109 382 12,800 SH   DFND 1 12,800 0 0
SOUTHWEST AIRLS CO COM 844741108 8,034 204,900 SH   SOLE   204,900 0 0
SPECTRUM BRANDS HLDGS INC COM 84763R101 15,689 131,500 SH   SOLE   131,500 0 0
STARBUCKS CORP COM 855244109 14,354 251,300 SH   SOLE   251,300 0 0
SYNTEL INC COM 87162H103 371 8,200 SH   DFND 1 8,200 0 0
TECH DATA CORP COM 878237106 431 6,000 SH   DFND 1 6,000 0 0
TETRA TECH INC NEW COM 88162G103 430 14,000 SH   DFND 1 14,000 0 0
THERMO FISHER SCIENTIFIC INC COM 883556102 21,484 145,400 SH   SOLE   145,400 0 0
TIME INC NEW COM 887228104 337 20,500 SH   DFND 1 20,500 0 0
TRAVELPORT WORLDWIDE LTD SHS G9019D104 402 31,200 SH   DFND 1 31,200 0 0
TRINSEO S A SHS L9340P101 313 7,300 SH   DFND 1 7,300 0 0
TTM TECHNOLOGIES INC COM 87305R109 432 57,400 SH   DFND 1 57,400 0 0
UNION PAC CORP COM 907818108 24,256 278,000 SH   SOLE   278,000 0 0
UNITED CMNTY BKS BLAIRSVLE COM 90984P303 316 17,300 SH   DFND 1 17,300 0 0
VAIL RESORTS INC COM 91879Q109 539 3,900 SH   DFND 1 3,900 0 0
VASCO DATA SEC INTL INC COM 92230Y104 349 21,300 SH   DFND 1 21,300 0 0
VERIZON COMMUNICATIONS INC COM 92343V104 21,722 389,000 SH   SOLE   389,000 0 0
VISA INC COM CL A 92826C839 23,883 322,000 SH   SOLE   322,000 0 0
WEBMD HEALTH CORP COM 94770V102 389 6,700 SH   DFND 1 6,700 0 0
WEBSTER FINL CORP CONN COM 947890109 329 9,700 SH   DFND 1 9,700 0 0
WELLCARE HEALTH PLANS INC COM 94946T106 451 4,200 SH   DFND 1 4,200 0 0
WELLS FARGO & CO NEW COM 949746101 34,030 719,000 SH   SOLE   719,000 0 0
WEST CORP COM 952355204 332 16,900 SH   DFND 1 16,900 0 0
WESTERN REFNG INC COM 959319104 204 9,900 SH   DFND 1 9,900 0 0
WGL HLDGS INC COM 92924F106 425 6,000 SH   DFND 1 6,000 0 0
ZUMIEZ INC COM 989817101 325 22,700 SH   DFND 1 22,700 0 0