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
ADVANCE AUTO PARTS INC COM 00751Y106 14,868 114,060 SH   DFND 1 114,060 0 0
AETNA INC NEW COM 00817Y108 3,525 43,524 SH   DFND 1 43,524 0 0
AGILENT TECHNOLOGIES INC COM 00846U101 387 6,790 SH   DFND 1 0 0 6,790
AMERICAN INTL GROUP INC COM NEW 026874784 24,251 448,916 SH   DFND 1 428,995 0 19,921
APACHE CORP COM 037411105 5,249 55,917 SH   DFND 1 55,917 0 0
ARCHER DANIELS MIDLAND CO COM 039483102 781 15,274 SH   DFND 1 0 0 15,274
AT&T INC COM 00206R102 326 9,247 SH   DFND 1 0 0 9,247
AUTOZONE INC COM 053332102 10,166 19,946 SH   DFND 1 19,946 0 0
BALL CORP COM 058498106 9,729 153,766 SH   DFND 1 153,766 0 0
BECTON DICKINSON & CO COM 075887109 7,059 62,023 SH   DFND 1 62,023 0 0
CANADIAN NATL RY CO COM 136375102 9,226 129,678 SH   DFND 1 129,678 0 0
CF INDS HLDGS INC COM 125269100 12,399 44,410 SH   DFND 1 44,410 0 0
CHESAPEAKE ENERGY CORP COM 165167107 350 15,233 SH   DFND 1 0 0 15,233
CIGNA CORPORATION COM 125509109 12,259 135,177 SH   DFND 1 135,177 0 0
CISCO SYS INC COM 17275R102 440 17,481 SH   DFND 1 0 0 17,481
COCA COLA CO COM 191216100 419 9,830 SH   DFND 1 0 0 9,830
COMERICA INC COM 200340107 406 8,141 SH   DFND 1 0 0 8,141
CONTINENTAL RESOURCES INC COM 212015101 345 5,184 SH   DFND 1 0 0 5,184
DEERE & CO COM 244199105 6,274 76,519 SH   DFND 1 76,519 0 0
DIRECTV COM 25490A309 718 8,300 SH   DFND 1 0 0 8,300
DISCOVERY COMMUNICATNS NEW COM SER A 25470F104 425 11,239 SH   DFND 1 0 0 11,239
E M C CORP MASS COM 268648102 1,117 38,167 SH   DFND 1 0 0 38,167
GOLDMAN SACHS GROUP INC COM 38141G104 14,972 81,560 SH   DFND 1 81,560 0 0
HESS CORP COM 42809H107 12,452 132,015 SH   DFND 1 132,015 0 0
INTEL CORP COM 458140100 736 21,117 SH   DFND 1 0 0 21,117
INTERNATIONAL BUSINESS MACHS COM 459200101 13,374 70,453 SH   DFND 1 70,453 0 0
LEUCADIA NATL CORP COM 527288104 10,863 455,666 SH   DFND 1 455,666 0 0
MCDONALDS CORP COM 580135101 0 3,210 SH   DFND 1 0 0 3,210
MICROSOFT CORP COM 594918104 14,075 303,629 SH   DFND 1 295,336 0 8,293
OCCIDENTAL PETE CORP DEL COM 674599105 383 3,986 SH   DFND 1 0 0 3,986
ORACLE CORP COM 68389X105 386 10,087 SH   DFND 1 0 0 10,087
OWENS CORNING NEW COM 690742101 367 11,556 SH   DFND 1 0 0 11,556
PRUDENTIAL FINL INC COM 744320102 465 5,288 SH   DFND 1 0 0 5,288
QUALCOMM INC COM 747525103 427 5,707 SH   DFND 1 0 0 5,707
TEVA PHARMACEUTICAL INDS LTD ADR 881624209 329 6,128 SH   DFND 1 0 0 6,128
TRW AUTOMOTIVE HLDGS CORP COM 87264S106 11,754 116,087 SH   DFND 1 116,087 0 0
UNION PAC CORP COM 907818108 12,086 111,476 SH   DFND 1 111,476 0 0
UNITEDHEALTH GROUP INC COM 91324P102 15,743 182,517 SH   DFND 1 177,653 0 4,864
WAL-MART STORES INC COM 931142103 745 9,722 SH   DFND 1 0 0 9,722
WELLS FARGO & CO NEW COM 949746101 367 7,069 SH   DFND 1 0 0 7,069