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

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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
ADVANCED MICRO DEVICES INC COM 007903107 16,395 6,140,457 SH   DFND 1,2 6,140,457 0 0
ASSURED GUARANTY LTD COM G0585R106 1,300 50,000 SH   DFND 1,2 50,000 0 0
GOOGLE INC CL A 38259P508 71,873 135,441 SH   DFND 1,2 135,441 0 0
ISHARES IBOXX HI YD ETF 464288513 8,960 100,000 SH   DFND 1,2 100,000 0 0
ISHARES U.S. PFD STK ETF 464288687 3,944 100,000 SH   DFND 1,2 100,000 0 0
ISHARES TR 20+ YR TR BD ETF 464287432 12,592 100,000 SH   DFND 1,2 100,000 0 0
LEXICON PHARMACEUTICALS INC COM 528872104 2,354 2,586,881 SH   DFND 1,2 2,586,881 0 0
SPDR SERIES TRUST BRC HGH YLD BD 78464A417 3,861 100,000 SH   DFND 1,2 100,000 0 0
WALGREENS BOOTS ALLIANCE INC COM 931427108 3,048 40,000 SH   DFND 1,2 40,000 0 0
YAMANA GOLD INC COM 98462Y100 4,221 1,050,000 SH   DFND 1,2 1,050,000 0 0