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
ALLIANCE DATA SYSTEMS CORPORATION Common 013083916 14,242 48,785 SH   SOLE NONE 48,785 0 0
ALLIANCE DATA SYSTEMS CORPORATION Common 013083916 9,790 33,535 SH   DFND   0 33,535 0
ALLSTATE CORPORATION Common 009724478 101 1,552 SH   DFND   0 1,552 0
COGNIZANT TECHNOLOGY SOLUTIONS CORPORATION Common 011551521 13,573 222,181 SH   SOLE NONE 222,181 0 0
COGNIZANT TECHNOLOGY SOLUTIONS CORPORATION Common 011551521 9,192 150,463 SH   DFND   0 150,463 0
CORNING INC Common 009976027 10,793 547,010 SH   SOLE NONE 547,010 0 0
CORNING INC Common 009976027 7,787 394,682 SH   DFND   0 394,682 0
CYTEC INDUSTRIES INC. Common 010514169 13,198 218,045 SH   SOLE NONE 218,045 0 0
CYTEC INDUSTRIES INC. Common 010514169 9,050 149,505 SH   DFND   0 149,505 0
DANAHER CORPORATION Common 009962131 9,764 114,083 SH   SOLE NONE 114,083 0 0
DANAHER CORPORATION Common 009962131 5,686 66,436 SH   DFND   0 66,436 0
DOW CHEMICAL COMPANY Common 009735739 15,100 295,090 SH   SOLE NONE 295,090 0 0
DOW CHEMICAL COMPANY Common 009735739 10,356 202,375 SH   DFND   0 202,375 0
EMC CORPORATION Common 009720308 73 2,785 SH   DFND   0 2,785 0
ERICSSON L M TEL ADR ADR 015720786 177 16,985 SH   SOLE NONE 16,985 0 0
ERICSSON L M TEL ADR ADR 015720786 385 36,885 SH   DFND   0 36,885 0
GILEAD SCIENCES INC Common 010008328 17,189 146,815 SH   SOLE NONE 146,815 0 0
GILEAD SCIENCES INC Common 010008328 11,764 100,479 SH   DFND   0 100,479 0
HONEYWELL INTERNATIONAL INC. Common 010534801 16,728 164,048 SH   SOLE NONE 164,048 0 0
HONEYWELL INTERNATIONAL INC. Common 010534801 11,295 110,772 SH   DFND   0 110,772 0
JOHNSON & JOHNSON Common 009722513 13,149 134,915 SH   SOLE NONE 134,915 0 0
JOHNSON & JOHNSON Common 009722513 9,631 98,815 SH   DFND   0 98,815 0
JPMORGAN CHASE & CO. Common 012271654 15,975 235,755 SH   SOLE NONE 235,755 0 0
JPMORGAN CHASE & CO. Common 012271654 11,011 162,495 SH   DFND   0 162,495 0
METLIFE INC Common 011030068 12,356 220,685 SH   SOLE NONE 220,685 0 0
METLIFE INC Common 011030068 8,433 150,620 SH   DFND   0 150,620 0
METTLER-TOLEDO INTERNATIONAL INC. Common 010919576 11,498 33,673 SH   SOLE NONE 33,673 0 0
METTLER-TOLEDO INTERNATIONAL INC. Common 010919576 7,768 22,750 SH   DFND   0 22,750 0
PRAXAIR INC. Common 009967419 8,312 69,527 SH   SOLE NONE 69,527 0 0
PRAXAIR INC. Common 009967419 6,271 52,451 SH   DFND   0 52,451 0
RESMED INC. Common 011540066 9,040 160,363 SH   SOLE NONE 160,363 0 0
RESMED INC. Common 011540066 6,205 110,070 SH   DFND   0 110,070 0
ROYAL CARIBBEAN CRUISES LTD Common 010775124 16,159 205,350 SH   SOLE NONE 205,350 0 0
ROYAL CARIBBEAN CRUISES LTD Common 010775124 11,118 141,287 SH   DFND   0 141,287 0
STANLEY BLACK & DECKER INC Common 049645619 16,542 157,180 SH   SOLE NONE 157,180 0 0
STANLEY BLACK & DECKER INC Common 049645619 11,497 109,250 SH   DFND   0 109,250 0
TE CONNECTIVITY LTD Common 043813854 12,819 199,365 SH   SOLE NONE 199,365 0 0
TE CONNECTIVITY LTD Common 043813854 8,671 134,846 SH   DFND   0 134,846 0
THE TJX COMPANIES INC. Common 009961968 18,358 277,430 SH   SOLE NONE 277,430 0 0
THE TJX COMPANIES INC. Common 009961968 12,359 186,779 SH   DFND   0 186,779 0
WABTEC CORP. Common 011540104 20,033 212,575 SH   SOLE NONE 212,575 0 0
WABTEC CORP. Common 011540104 13,438 142,595 SH   DFND   0 142,595 0