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
ABB LTD SPONSORED ADR 000375204 17 800 SH   DFND 1 800 0 0
ABBOTT LABS COM 002824100 5,691 122,830 SH   DFND 1 122,830 0 0
ABBVIE INC COM 00287Y109 8,401 143,500 SH   DFND 1 143,500 0 0
ABERCROMBIE & FITCH CO CL A 002896207 22 1,000 SH   DFND 1 1,000 0 0
ALTRIA GROUP INC COM 02209S103 250 5,000 SH   DFND 1 5,000 0 0
AMARIN CORP PLC SPONS ADR NEW 023111206 23 10,000 SH   DFND 1 10,000 0 0
AMERICAN INTL GROUP INC COM NEW 026874784 164 3,000 SH   DFND 1 3,000 0 0
AMETEK INC NEW COM 031100100 5,254 100,000 SH   DFND 1 100,000 0 0
AMGEN INC COM 031162100 8,089 50,600 SH   DFND 1 50,600 0 0
APPLE INC COM 037833100 9,214 74,048 SH   DFND 1 74,048 0 0
ASTRAZENECA PLC SPONSORED ADR 046353108 23 330 SH   DFND 1 330 0 0
AVALON RARE METALS INC COM 053470100 5 20,000 SH   DFND 1 20,000 0 0
BANCO BRADESCO S A SP ADR PFD NEW 059460303 67 7,260 SH   DFND 1 7,260 0 0
BANK OF AMERICA CORPORATION COM 060505104 308 20,025 SH   DFND 1 20,025 0 0
BARRICK GOLD CORP COM 067901108 98 9,000 SH   DFND 1 9,000 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 232 1,615 SH   DFND 1 1,615 0 0
BRISTOL MYERS SQUIBB CO COM 110122108 97 1,500 SH   DFND 1 1,500 0 0
CATERPILLAR INC DEL COM 149123101 5,080 63,480 SH   DFND 1 63,480 0 0
CHEVRON CORP NEW COM 166764100 3,464 33,000 SH   DFND 1 33,000 0 0
CISCO SYS INC COM 17275R102 8,072 293,235 SH   DFND 1 293,235 0 0
CITIGROUP INC COM NEW 172967424 5 100 SH   DFND 1 100 0 0
COCA COLA CO COM 191216100 20,356 502,016 SH   DFND 1 502,016 0 0
COLGATE PALMOLIVE CO COM 194162103 1,525 22,000 SH   DFND 1 22,000 0 0
CTRIP COM INTL LTD AMERICAN DEP SHS 22943F100 4,455 76,000 SH   DFND 1 76,000 0 0
CVS CAREMARK CORPORATION COM 126650100 7,741 75,000 SH   DFND 1 75,000 0 0
DIREXION SHS ETF TR DLY FIN BULL NEW 25459Y694 220 1,800 SH   DFND 1 1,800 0 0
DOW CHEM CO COM 260543103 4,222 88,000 SH   DFND 1 88,000 0 0
E M C CORP MASS COM 268648102 5,280 206,600 SH   DFND 1 206,600 0 0
EBAY INC COM 278642103 6,605 114,500 SH   DFND 1 114,500 0 0
EOG RES INC COM 26875P101 5,996 65,400 SH   DFND 1 65,400 0 0
EXXON MOBIL CORP COM 30231G102 6,868 80,800 SH   DFND 1 80,800 0 0
FLUOR CORP NEW COM 343412102 80 1,400 SH   DFND 1 1,400 0 0
FREEPORT-MCMORAN COPPER & GO COM 35671D857 2,653 140,000 SH   DFND 1 140,000 0 0
GENERAL ELECTRIC CO COM 369604103 5,024 202,500 SH   DFND 1 202,500 0 0
GENERAL MTRS CO COM 37045V100 233 6,200 SH   DFND 1 6,200 0 0
GILEAD SCIENCES INC COM 375558103 6,261 63,800 SH   DFND 1 63,800 0 0
GLAXOSMITHKLINE PLC SPONSORED ADR 37733W105 18 400 SH   DFND 1 400 0 0
GOOGLE INC CL A 38259P508 8,614 15,530 SH   DFND 1 15,530 0 0
HESS CORP COM 42809H107 109 1,600 SH   DFND 1 1,600 0 0
HEWLETT PACKARD CO COM 428236103 25 800 SH   DFND 1 800 0 0
HOME DEPOT INC COM 437076102 7,953 70,000 SH   DFND 1 70,000 0 0
ILLINOIS TOOL WKS INC COM 452308109 4,177 43,000 SH   DFND 1 43,000 0 0
INTEL CORP COM 458140100 5,087 162,701 SH   DFND 1 162,701 0 0
INTERNATIONAL BUSINESS MACHS COM 459200101 80 500 SH   DFND 1 500 0 0
INTERNATIONAL FLAVORS&FRAGRA COM 459506101 6,457 55,000 SH   DFND 1 55,000 0 0
ISHARES CHINA LG-CAP ETF 464287184 108 2,420 SH   DFND 1 2,420 0 0
ISHARES MSCI BRZ CAP ETF 464286400 39 1,260 SH   DFND 1 1,260 0 0
JA SOLAR HOLDINGS CO LTD SPON ADR REP5ORD 466090206 24 2,500 SH   DFND 1 2,500 0 0
JOHNSON & JOHNSON COM 478160104 3,748 37,255 SH   DFND 1 37,255 0 0
JPMORGAN CHASE & CO COM 46625H100 6,753 111,470 SH   DFND 1 111,470 0 0
KINROSS GOLD CORP COM NO PAR 496902404 15 6,600 SH   DFND 1 6,600 0 0
KRAFT FOODS GROUP INC COM 50076Q106 4,443 51,000 SH   DFND 1 51,000 0 0
LILLY ELI & CO COM 532457108 31 430 SH   DFND 1 430 0 0
MANULIFE FINL CORP COM 56501R106 0 13 SH   DFND 1 13 0 0
MARKET VECTORS ETF TR GOLD MINER ETF 57060U100 72 3,920 SH   DFND 1 3,920 0 0
MCDONALDS CORP COM 580135101 3,118 32,000 SH   DFND 1 32,000 0 0
MCGRAW HILL FINL INC COM 580645109 5,217 50,450 SH   DFND 1 50,450 0 0
MEAD JOHNSON NUTRITION CO COM 582839106 6,133 61,000 SH   DFND 1 61,000 0 0
MERCK & CO INC NEW COM 58933Y105 5,021 87,345 SH   DFND 1 87,345 0 0
METLIFE INC COM 59156R108 6,668 131,900 SH   DFND 1 131,900 0 0
MICROSOFT CORP COM 594918104 3,374 83,000 SH   DFND 1 83,000 0 0
MOLYCORP INC DEL COM 608753109 2 6,000 SH   DFND 1 6,000 0 0
MONDELEZ INTL INC CL A 609207105 6,879 190,600 SH   DFND 1 190,600 0 0
MONSANTO CO NEW COM 61166W101 4,102 36,457 SH   DFND 1 36,457 0 0
NETAPP INC COM 64110D104 142 4,000 SH   DFND 1 4,000 0 0
NEWMONT MINING CORP COM 651639106 1,628 75,000 SH   DFND 1 75,000 0 0
ORACLE CORP COM 68389X105 86 2,000 SH   DFND 1 2,000 0 0
PAN AMERICAN SILVER CORP COM 697900108 28 3,200 SH   DFND 1 3,200 0 0
PETROLEO BRASILEIRO SA PETRO SPONSORED ADR 71654V408 81 13,500 SH   DFND 1 13,500 0 0
PFIZER INC COM 717081103 3,856 110,835 SH   DFND 1 110,835 0 0
PHILIP MORRIS INTL INC COM 718172109 68 900 SH   DFND 1 900 0 0
PRAXAIR INC COM 74005P104 4,830 40,000 SH   DFND 1 40,000 0 0
PROCTER & GAMBLE CO COM 742718109 82 1,000 SH   DFND 1 1,000 0 0
PVH CORP COM 693656100 44 410 SH   DFND 1 410 0 0
RANDGOLD RES LTD ADR 752344309 32 460 SH   DFND 1 460 0 0
RANGE RES CORP COM 75281A109 3,383 65,000 SH   DFND 1 65,000 0 0
RARE ELEMENT RES LTD COM 75381M102 3 5,000 SH   DFND 1 5,000 0 0
RED HAT INC COM 756577102 5,681 75,000 SH   DFND 1 75,000 0 0
RENESOLA LTD SPONS ADS 75971T103 2 1,700 SH   DFND 1 1,700 0 0
RENEWABLE ENERGY GROUP INC COM NEW 75972A301 18 2,000 SH   DFND 1 2,000 0 0
SANOFI SPONSORED ADR 80105N105 23 460 SH   DFND 1 460 0 0
SCHLUMBERGER LTD COM 806857108 10,043 120,365 SH   DFND 1 120,365 0 0
TASMAN METALS LTD COM 87652B103 9 19,000 SH   DFND 1 19,000 0 0
THE ADT CORPORATION COM 00101J106 5,813 140,000 SH   DFND 1 140,000 0 0
TIME WARNER INC COM NEW 887317303 152 1,800 SH   DFND 1 1,800 0 0
UNITED TECHNOLOGIES CORP COM 913017109 10,126 86,400 SH   DFND 1 86,400 0 0
VERIZON COMMUNICATIONS INC COM 92343V104 2,764 56,850 SH   DFND 1 56,850 0 0
VISA INC COM CL A 92826C839 6,836 104,520 SH   DFND 1 104,520 0 0
YAHOO INC COM 984332106 89 2,000 SH   DFND 1 2,000 0 0
YINGLI GREEN ENERGY HLDG CO ADR 98584B103 2 1,000 SH   DFND 1 1,000 0 0
YPF SOCIEDAD ANONIMA SPON ADR CL D 984245100 549 20,000 SH   DFND 1 20,000 0 0