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
Abbott Laboratories COM 002824100 4,502 100,000 SH   DFND 2 100,000 0 0
Accenture Plc COM G1151C101 3,126 35,000 SH   DFND 1 35,000 0 0
Adobe Systems Inc COM 00724F101 1,818 25,000 SH   DFND 1 25,000 0 0
Aetna Inc COM 00817Y108 3,109 35,000 SH   DFND 1 35,000 0 0
Affiliated Managers Group Inc COM 008252108 3,820 18,000 SH   DFND 1 18,000 0 0
Aflac Inc COM 001055102 5,193 85,000 SH   DFND 1 85,000 0 0
Agilent Technologies Inc COM 00846U101 1,842 45,000 SH   DFND 1 45,000 0 0
Airgas Inc COM 009363102 2,995 26,000 SH   DFND 2 26,000 0 0
Alibaba Group Holding Ltd ADR 01609W102 1,559 15,000 SH   DFND 1 15,000 0 0
Amazon.com Inc COM 023135106 15,518 50,000 SH   DFND 1 50,000 0 0
American Capital Agency Corp REIT 02503X105 5,130 235,000 SH   DFND 1 235,000 0 0
American Express Co COM 025816109 8,374 90,000 SH   DFND 2 90,000 0 0
American International Group Inc COM 026874784 5,881 105,000 SH   DFND 2 105,000 0 0
Amphenol Corp COM 032095101 1,464 27,212 SH   DFND 1 27,212 0 0
Anadarko Petroleum Corp COM 032511107 3,712 45,000 SH   DFND 1 45,000 0 0
Apache Corp COM 037411105 2,820 45,000 SH   DFND 1 45,000 0 0
Apple Inc COM 037833100 4,967 45,000 SH   DFND 2 45,000 0 0
At&t Inc COM 00206R102 7,558 225,000 SH   DFND 2 225,000 0 0
Baker Hughes Inc COM 057224107 3,364 60,000 SH   DFND 1 60,000 0 0
Bank Of America Corp COM 060505104 5,188 290,000 SH   DFND 1,2 290,000 0 0
Baxter International Inc COM 071813109 2,932 40,000 SH   DFND 2 40,000 0 0
Biogen Idec Inc COM 09062X103 2,716 8,000 SH   DFND 1 8,000 0 0
Bp Plc ADR 055622104 4,956 130,000 SH   DFND 1 130,000 0 0
Brown-forman Corp COM 115637209 1,493 17,000 SH   DFND 2 17,000 0 0
California Resources Corp COM 13057Q107 154 28,000 SH   DFND 1,2 28,000 0 0
Capital One Financial Corp COM 14040H105 2,889 35,000 SH   DFND 2 35,000 0 0
Cbs Corp COM 124857202 3,874 70,000 SH   DFND 2 70,000 0 0
Chevron Corp COM 166764100 11,218 100,000 SH   DFND 2 100,000 0 0
Chicago Bridge & Iron Co Nv COM 167250109 2,519 60,000 SH   DFND 1 60,000 0 0
Cisco Systems Inc COM 17275R102 11,821 425,000 SH   DFND 1 425,000 0 0
Citigroup Inc COM 172967424 10,010 185,000 SH   DFND 2 185,000 0 0
Coach Inc COM 189754104 7,136 190,000 SH   DFND 1 190,000 0 0
Coca-cola Co/the COM 191216100 10,133 240,000 SH   DFND 2 240,000 0 0
Colgate-palmolive Co COM 194162103 5,535 80,000 SH   DFND 2 80,000 0 0
Comcast Corp COM 20030N101 11,892 205,000 SH   DFND 2 205,000 0 0
Conocophillips COM 20825C104 10,014 145,000 SH   DFND 1,2 145,000 0 0
Crown Castle International Corp REIT 22822V101 4,879 62,000 SH   DFND 1 62,000 0 0
Danaher Corp COM 235851102 8,571 100,000 SH   DFND 1,2 100,000 0 0
Devon Energy Corp COM 25179M103 2,754 45,000 SH   DFND 1 45,000 0 0
Dick's Sporting Goods Inc COM 253393102 3,972 80,000 SH   DFND 1 80,000 0 0
Discovery Communications Inc COM 25470F104 1,550 45,000 SH   DFND 2 45,000 0 0
Dow Chemical Co/the COM 260543103 4,105 90,000 SH   DFND 1,2 90,000 0 0
Eaton Corp Plc COM G29183103 5,573 82,000 SH   DFND 1 82,000 0 0
Ebay Inc COM 278642103 8,418 150,000 SH   DFND 1 150,000 0 0
Ecolab Inc COM 278865100 2,927 28,000 SH   DFND 2 28,000 0 0
Emc Corp/ma COM 268648102 2,528 85,000 SH   DFND 1 85,000 0 0
Emerson Electric Co COM 291011104 3,395 55,000 SH   DFND 1 55,000 0 0
Eog Resources Inc COM 26875P101 4,143 45,000 SH   DFND 1 45,000 0 0
Estee Lauder Cos Inc/the COM 518439104 5,334 70,000 SH   DFND 2 70,000 0 0
Expeditors International Of Washington Inc COM 302130109 4,907 110,000 SH   DFND 1 110,000 0 0
Express Scripts Holding Co COM 30219G108 7,620 90,000 SH   DFND 2 90,000 0 0
Exxon Mobil Corp COM 30231G102 20,339 220,000 SH   DFND 1,2 220,000 0 0
Facebook Inc COM 30303M102 3,901 50,000 SH   DFND 1 50,000 0 0
Fastenal Co COM 311900104 4,756 100,000 SH   DFND 2 100,000 0 0
Ford Motor Co COM 345370860 2,480 160,000 SH   DFND 1 160,000 0 0
Freeport-mcmoran Inc COM 35671D857 9,578 410,000 SH   DFND 1,2 410,000 0 0
General Electric Co COM 369604103 17,563 695,000 SH   DFND 1,2 695,000 0 0
General Mills Inc COM 370334104 4,266 80,000 SH   DFND 1,2 80,000 0 0
General Motors Co COM 37045V100 8,553 245,000 SH   DFND 1 245,000 0 0
Gilead Sciences Inc COM 375558103 8,483 90,000 SH   DFND 1 90,000 0 0
Goldman Sachs Group Inc/the COM 38141G104 4,846 25,000 SH   DFND 1 25,000 0 0
Google COM 38259P706 10,528 20,000 SH   DFND 1,2 20,000 0 0
Google Inc COM 38259P508 10,613 20,000 SH   DFND 1 20,000 0 0
Halliburton Co COM 406216101 2,753 70,000 SH   DFND 1 70,000 0 0
Hershey Co/the COM 427866108 3,118 30,000 SH   DFND 2 30,000 0 0
Honeywell International Inc COM 438516106 7,994 80,000 SH   DFND 1 80,000 0 0
International Business Machines Corp COM 459200101 7,380 46,000 SH   DFND 2 46,000 0 0
Ishares Iboxx $ High Yield Corporate Bond Etf ETF 464288513 25,536 285,000 SH   DFND 1 285,000 0 0
Ishares Russell 2000 Etf ETF 464287655 31,114 260,000 SH   DFND 1,2 260,000 0 0
Johnson & Johnson COM 478160104 12,548 120,000 SH   DFND 1,2 120,000 0 0
Jpmorgan Chase & Co COM 46625H100 10,639 170,000 SH   DFND 2 170,000 0 0
KKR & CO LP COM 48248M102 8,472 365,000 SH   DFND 1,2 365,000 0 0
Kraft Foods Group Inc COM 50076Q106 4,073 65,000 SH   DFND 1 65,000 0 0
Linear Technology Corp COM 535678106 3,648 80,000 SH   DFND 1 80,000 0 0
Macy's Inc COM 55616P104 1,972 30,000 SH   DFND 2 30,000 0 0
Mcdonald's Corp COM 580135101 10,307 110,000 SH   DFND 1,2 110,000 0 0
Merck & Co Inc COM 58933Y105 12,778 225,000 SH   DFND 1,2 225,000 0 0
Metlife Inc COM 59156R108 6,761 125,000 SH   DFND 1 125,000 0 0
Michael Kors Holdings Ltd COM G60754101 3,605 48,000 SH   DFND 1 48,000 0 0
Microchip Technology Inc COM 595017104 2,707 60,000 SH   DFND 1 60,000 0 0
Microsoft Corp COM 594918104 15,328 330,000 SH   DFND 1,2 330,000 0 0
Mondelez International Inc COM 609207105 2,361 65,000 SH   DFND 2 65,000 0 0
Monsanto Co COM 61166W101 4,181 35,000 SH   DFND 2 35,000 0 0
Mylan Inc/pa COM 628530107 3,100 55,000 SH   DFND 1 55,000 0 0
National Oilwell Varco Inc COM 637071101 1,311 20,000 SH   DFND 1 20,000 0 0
Newmont Mining Corp COM 651639106 8,410 445,000 SH   DFND 1 445,000 0 0
Noble Corp COM G65431101 2,900 175,000 SH   DFND 1 175,000 0 0
Occidental Petroleum Corp COM 674599105 5,643 70,000 SH   DFND 1,2 70,000 0 0
Oracle Corp COM 68389X105 10,343 230,000 SH   DFND 2 230,000 0 0
Paychex Inc COM 704326107 5,771 125,000 SH   DFND 2 125,000 0 0
Pepsico Inc COM 713448108 7,565 80,000 SH   DFND 2 80,000 0 0
PFIZER INC COM 717081103 18,534 595,000 SH   DFND 1,2 595,000 0 0
Philip Morris International Inc COM 718172109 17,512 215,000 SH   DFND 1,2 215,000 0 0
Pnc Financial Services Group Inc/the COM 693475105 2,737 30,000 SH   DFND 2 30,000 0 0
Powershares Qqq Trust Series 1 ETF 73935A104 11,357 110,000 SH   DFND 2 110,000 0 0
Praxair Inc COM 74005P104 3,239 25,000 SH   DFND 1 25,000 0 0
Precision Castparts Corp COM 740189105 6,022 25,000 SH   DFND 2 25,000 0 0
Priceline Group Inc/the COM 741503403 5,131 4,500 SH   DFND 1 4,500 0 0
Prudential Financial Inc COM 744320102 8,141 90,000 SH   DFND 1,2 90,000 0 0
Qualcomm Inc COM 747525103 10,406 140,000 SH   DFND 1,2 140,000 0 0
Ralph Lauren Corp COM 751212101 2,777 15,000 SH   DFND 1 15,000 0 0
Range Resources Corp COM 75281A109 1,871 35,000 SH   DFND 1 35,000 0 0
Sandisk Corp COM 80004C101 1,764 18,000 SH   DFND 1 18,000 0 0
Schlumberger Ltd COM 806857108 4,698 55,000 SH   DFND 1 55,000 0 0
Southwestern Energy Co COM 845467109 2,320 85,000 SH   DFND 1 85,000 0 0
Spdr S&p 500 Etf Trust ETF 78462F103 96,585 470,000 SH   DFND 1 470,000 0 0
Spdr S&p Oil & Gas Exploration & Production Etf ETF 78464A730 2,154 45,000 SH   DFND 2 45,000 0 0
Starbucks Corp COM 855244109 5,908 72,000 SH   DFND 2 72,000 0 0
Starwood Hotels & Resorts Worldwide Inc COM 85590A401 2,919 36,000 SH   DFND 1 36,000 0 0
Thermo Fisher Scientific Inc COM 883556102 5,638 45,000 SH   DFND 2 45,000 0 0
Tiffany & Co COM 886547108 2,671 25,000 SH   DFND 1 25,000 0 0
Time Warner Inc COM 887317303 3,417 40,000 SH   DFND 2 40,000 0 0
Twenty-first Century Fox Inc COM 90130A101 3,648 95,000 SH   DFND 1 95,000 0 0
United Parcel Service Inc COM 911312106 5,003 45,000 SH   DFND 2 45,000 0 0
United Technologies Corp COM 913017109 14,375 125,000 SH   DFND 1,2 125,000 0 0
Urban Outfitters Inc COM 917047102 2,635 75,000 SH   DFND 1 75,000 0 0
Us Bancorp/mn COM 902973304 2,922 65,000 SH   DFND 2 65,000 0 0
Vanguard Ftse Europe Etf ETF 922042874 7,337 140,000 SH   DFND 1 140,000 0 0
Verisk Analytics Inc COM 92345Y106 2,882 45,000 SH   DFND 1 45,000 0 0
Verizon Communications Inc COM 92343V104 12,163 260,000 SH   DFND 1,2 260,000 0 0
Vmware Inc COM 928563402 1,485 18,000 SH   DFND 2 18,000 0 0
Wal-mart Stores Inc COM 931142103 5,153 60,000 SH   DFND 1 60,000 0 0
Walt Disney Co/the COM 254687106 4,239 45,000 SH   DFND 2 45,000 0 0
Wells Fargo & Co COM 949746101 14,527 265,000 SH   DFND 1,2 265,000 0 0
Whole Foods Market Inc COM 966837106 4,538 90,000 SH   DFND 1 90,000 0 0
Ww Grainger Inc COM 384802104 2,804 11,000 SH   DFND 2 11,000 0 0
Wynn Resorts Ltd COM 983134107 6,694 45,000 SH   DFND 1 45,000 0 0
Xilinx Inc COM 983919101 3,680 85,000 SH   DFND 1 85,000 0 0
Yum! Brands Inc COM 988498101 2,914 40,000 SH   DFND 1 40,000 0 0
Zimmer Holdings Inc COM 98956P102 2,835 25,000 SH   DFND 2 25,000 0 0