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 3,750 71,700 SH   DFND 01,02 71,700 0 0
ACCENTURE PLC IRELAND SHS CLASS A G1151C101 2,857 35,100 SH   DFND 01,02 35,100 0 0
ALTRIA GROUP INC COM 02209S103 2,897 76,800 SH   DFND 01,02 76,800 0 0
AMERICAN ELEC PWR INC COM 025537101 2,548 55,264 SH   DFND 01,02 55,264 0 0
AMERICAN RAILCAR INDS INC COM 02916P103 16 343 SH   DFND 01,02 343 0 0
AT&T INC COM 00206R102 3,264 93,800 SH   DFND 01,02 93,800 0 0
BANKUNITED INC COM 06652K103 1,597 48,700 SH   DFND 01,02 48,700 0 0
BOEING CO COM 097023105 3,743 27,200 SH   DFND 01,02 27,200 0 0
CHUBB CORP COM 171232101 1,775 18,920 SH   DFND 01,02 18,920 0 0
COLGATE PALMOLIVE CO COM 194162103 3,539 55,140 SH   DFND 01,02 55,140 0 0
CONOCOPHILLIPS COM 20825C104 2,344 33,500 SH   DFND 01,02 33,500 0 0
CRANE CO COM 224399105 27 400 SH   DFND 01,02 400 0 0
CSX CORP COM 126408103 74 2,600 SH   DFND 01,02 2,600 0 0
FIRSTENERGY CORP COM 337932107 1,604 50,100 SH   DFND 01,02 50,100 0 0
GENERAL DYNAMICS CORP COM 369550108 2,387 25,200 SH   DFND 01,02 25,200 0 0
GENERAL ELECTRIC CO COM 369604103 4,957 180,400 SH   DFND 01,02 180,400 0 0
HOLLYSYS AUTOMATION TECHNOLO SHS G45667105 106 5,900 SH   DFND 01,02 5,900 0 0
HORMEL FOODS CORP COM 440452100 1,433 31,900 SH   DFND 01,02 31,900 0 0
JOHNSON&JOHNSON COM 478160104 2,765 30,100 SH   DFND 01,02 30,100 0 0
JPMORGAN CHASE & CO COM 46625H100 2,169 36,968 SH   DFND 01,02 36,968 0 0
KANSAS CITY SOUTHERN COM NEW 485170302 36 300 SH   DFND 01,02 300 0 0
LYONDELLBASELL INDUSTRIES N SHS - A - N53745100 1,511 19,200 SH   DFND 01,02 19,200 0 0
MDU RES GROUP INC COM 552690109 2,481 82,600 SH   DFND 01,02 82,600 0 0
MERCK & CO INC NEW COM 58933Y105 3,976 79,951 SH   DFND 01,02 79,951 0 0
MICROSOFT CORP COM 594918104 3,389 91,827 SH   DFND 01,02 91,827 0 0
NORFOLK SOUTHERN CORP COM 655844108 61 665 SH   DFND 01,02 665 0 0
OCCIDENTAL PETE CORP DEL COM 674599105 2,166 23,160 SH   DFND 01,02 23,160 0 0
PRINCIPAL FINL GROUP INC COM 74251V102 2,149 43,900 SH   DFND 01,02 43,900 0 0
PROCTER & GAMBLE CO COM 742718109 2,599 32,300 SH   DFND 01,02 32,300 0 0
PRUDENTIAL FINL INC COM 744320102 1,858 20,600 SH   DFND 01,02 20,600 0 0
SPDR GOLD TRUST GOLD SHS 78463V107 173 1,450 SH   DFND 01,02 1,450 0 0
TEXAS INSTRS INC COM 882508104 2,913 67,300 SH   DFND 01,02 67,300 0 0
TIME WARNER CABLE INC COM 88732J207 2,548 19,100 SH   DFND 01,02 19,100 0 0
TIMKEN CO COM 887389104 1,375 25,200 SH   DFND 01,02 25,200 0 0
TRINITY INDS INC COM 896522109 110 2,000 SH   DFND 01,02 2,000 0 0
UNION PAC CORP COM 907818108 92 550 SH   DFND 01,02 550 0 0
UNITED TECHNOLOGIES CORP COM 913017109 1,694 15,000 SH   DFND 01,02 15,000 0 0
WABTEC CORP COM 929740108 81 1,100 SH   DFND 01,02 1,100 0 0
WHIRLPOOL CORP COM 963320106 2,393 15,250 SH   DFND 01,02 15,250 0 0