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
ALCOA CORP COM 013872106 3,236 525,403 SH   SOLE   525,403 0 0
ALLY FINL INC COM 02005N100 1,717 119,000 SH   SOLE   119,000 0 0
AMERICAN INTL GROUP INC COM NEW 026874784 3,298 136,000 SH   SOLE   136,000 0 0
ATHENE HLDG LTD CL A G0684D107 1,762 71,000 SH   SOLE   71,000 0 0
BK OF AMERICA CORP COM 060505104 3,312 156,000 SH   SOLE   156,000 0 0
CHEVRON CORP NEW COM 166764100 7,434 102,600 SH   SOLE   102,600 0 0
CITIGROUP INC COM NEW 172967424 2,569 61,000 SH   SOLE   61,000 0 0
DISCOVER FINL SVCS COM 254709108 2,344 65,700 SH   SOLE   65,700 0 0
FACEBOOK INC CL A 30303M102 4,587 27,500 SH   SOLE   27,500 0 0
FRANKLIN RESOURCES INC COM 354613101 4,239 254,000 SH   SOLE   254,000 0 0
FREEPORT-MCMORAN INC CL B 35671D857 1,352 200,264 SH   SOLE   200,264 0 0
GOLDMAN SACHS GROUP INC COM 38141G104 2,164 14,000 SH   SOLE   14,000 0 0
MORGAN STANLEY COM NEW 617446448 3,332 98,000 SH   SOLE   98,000 0 0
PFIZER INC COM 717081103 1,136 34,800 SH   SOLE   34,800 0 0
SCHLUMBERGER LTD COM 806857108 648 48,000 SH   SOLE   48,000 0 0
TRAVELERS COMPANIES INC COM 89417E109 1,490 15,000 SH   SOLE   15,000 0 0
VIACOMCBS INC CL B 92556H206 2,480 177,000 SH   SOLE   177,000 0 0