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 LABS COM 002824100 4,621 75,400 SH   DFND 01,02 75,400 0 0
ALTRIA GROUP INC COM 02209S103 3,958 128,200 SH   DFND 01,02 128,200 0 0
AMERICAN ELEC PWR INC COM 025537101 3,552 92,064 SH   DFND 01,02 92,064 0 0
AT&T INC COM 00206R102 3,657 117,100 SH   DFND 01,02 117,100 0 0
BANK OF NEW YORK MELLON CORP COM 064058100 2,063 85,500 SH   DFND 01,02 85,500 0 0
BOEING CO COM 097023105 5,117 68,800 SH   DFND 01,02 68,800 0 0
COLGATE PALMOLIVE CO COM 194162103 5,522 56,470 SH   DFND 01,02 56,470 0 0
COMCAST CORP NEW CL A 20030N101 4,517 150,500 SH   DFND 01,02 150,500 0 0
CONOCOPHILLIPS COM 20825C104 2,546 33,500 SH   DFND 01,02 33,500 0 0
CRANE CO COM 224399105 116 2,400 SH   DFND 01,02 2,400 0 0
CSX CORP COM 126408103 164 7,600 SH   DFND 01,02 7,600 0 0
FIRSTENERGY CORP COM 337932107 3,807 83,500 SH   DFND 01,02 83,500 0 0
GENERAL DYNAMICS CORP COM 369550108 3,082 42,000 SH   DFND 01,02 42,000 0 0
GENERAL ELECTRIC CO COM 369604103 5,959 296,900 SH   DFND 01,02 296,900 0 0
HOLLYSYS AUTOMATION TECHNOLO SHS G45667105 111 10,500 SH   DFND 01,02 10,500 0 0
JOHNSON&JOHNSON COM 478160104 3,311 50,200 SH   DFND 01,02 50,200 0 0
JPMORGAN CHASE & CO COM 46625H100 3,746 81,468 SH   DFND 01,02 81,468 0 0
LOWES COS INC COM 548661107 3,973 126,600 SH   DFND 01,02 126,600 0 0
M&T BK CORP COM 55261F104 2,954 34,000 SH   DFND 01,02 34,000 0 0
MDU RES GROUP INC COM 552690109 3,511 156,800 SH   DFND 01,02 156,800 0 0
MERCK & CO INC NEW COM 58933Y105 5,121 133,351 SH   DFND 01,02 133,351 0 0
METLIFE INC COM 59156R108 2,204 59,000 SH   DFND 01,02 59,000 0 0
MICROSOFT CORP COM 594918104 7,535 233,647 SH   DFND 01,02 233,647 0 0
NORFOLK SOUTHERN CORP COM 655844108 110 1,665 SH   DFND 01,02 1,665 0 0
SPDR GOLD TRUST GOLD SHS 78463V107 161 990 SH   DFND 01,02 990 0 0
TEXAS INSTRS INC COM 882508104 2,564 76,300 SH   DFND 01,02 76,300 0 0
TIMKEN CO COM 887389104 3,186 62,800 SH   DFND 01,02 62,800 0 0
TRINITY INDS INC COM 896522109 40 1,200 SH   DFND 01,02 1,200 0 0
UNION PAC CORP COM 907818108 43 400 SH   DFND 01,02 400 0 0
UNITED TECHNOLOGIES CORP COM 913017109 2,074 25,000 SH   DFND 01,02 25,000 0 0
VISIONCHINA MEDIA INC SPONS ADR 92833U103 24 15,153 SH   DFND 01,02 15,153 0 0
WABTEC CORP COM 929740108 121 1,600 SH   DFND 01,02 1,600 0 0
WOODWARD INC COM 980745103 30 700 SH   DFND 01,02 700 0 0
XILINX INC COM 983919101 3,075 84,400 SH   DFND 01,02 84,400 0 0