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 11,512 76,484 SH   DFND 1 66,464 0 10,020
AGILENT TECHNOLOGIES INC COM 00846U101 291 6,958 SH   DFND 1 0 0 6,958
AMERICAN INTL GROUP INC COM NEW 026874784 33,160 535,069 SH   DFND 1 428,512 0 106,557
ARCHER DANIELS MIDLAND CO COM 039483102 976 26,624 SH   DFND 1 0 0 26,624
AT&T INC COM 00206R102 275 7,968 SH   DFND 1 0 0 7,968
AUTOZONE INC COM 053332102 16,608 22,386 SH   DFND 1 18,762 0 3,624
BECTON DICKINSON & CO COM 075887109 14,463 93,859 SH   DFND 1 81,344 0 12,515
CANADIAN NATL RY CO COM 136375102 15,857 284,739 SH   DFND 1 243,700 0 41,039
CF INDS HLDGS INC COM 125269100 13,156 322,357 SH   DFND 1 279,440 0 42,917
CIGNA CORPORATION COM 125509109 20,163 137,800 SH   DFND 1 121,277 0 16,523
CISCO SYS INC COM 17275R102 435 16,010 SH   DFND 1 0 0 16,010
COCA COLA CO COM 191216100 369 8,578 SH   DFND 1 0 0 8,578
COMERICA INC COM 200340107 0 0 SH   DFND 1 0 0 0
DEERE & CO COM 244199105 15,563 204,043 SH   DFND 1 175,818 0 28,225
DISCOVERY COMMUNICATNS NEW COM SER A 25470F104 336 12,583 SH   DFND 1 0 0 12,583
E M C CORP MASS COM 268648102 1,982 77,158 SH   DFND 1 0 0 77,158
EOG RES INC COM 26875P101 247 3,489 SH   DFND 1 0 0 3,489
GOLDMAN SACHS GROUP INC COM 38141G104 17,365 96,339 SH   DFND 1 86,838 0 9,501
HESS CORP COM 42809H107 7,702 158,882 SH   DFND 1 139,996 0 18,886
INTERNATIONAL BUSINESS MACHS COM 459200101 20,082 145,918 SH   DFND 1 124,498 0 21,420
KEYCORP NEW COM 493267108 379 28,756 SH   DFND 1 0 0 28,756
LEUCADIA NATL CORP COM 527288104 3,496 200,975 SH   DFND 1 174,582 0 26,393
MCDONALDS CORP COM 580135101 292 2,468 SH   DFND 1 0 0 2,468
MERCK & CO INC NEW COM 58933Y105 415 7,850 SH   DFND 1 0 0 7,850
MICROSOFT CORP COM 594918104 18,679 336,685 SH   DFND 1 282,682 0 54,003
MONSANTO CO NEW COM 61166W101 379 3,852 SH   DFND 1 0 0 3,852
ORACLE CORP COM 68389X105 410 11,235 SH   DFND 1 0 0 11,235
OWENS CORNING NEW COM 690742101 381 8,110 SH   DFND 1 0 0 8,110
PRUDENTIAL FINL INC COM 744320102 397 4,876 SH   DFND 1 0 0 4,876
QUALCOMM INC COM 747525103 249 4,979 SH   DFND 1 0 0 4,979
ROCKWELL AUTOMATION INC COM 773903109 360 3,510 SH   DFND 1 0 0 3,510
SCRIPPS NETWORKS INTERACT IN CL A COM 811065101 16,509 299,043 SH   DFND 1 256,482 0 42,561
TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADR 874039100 19,343 850,250 SH   DFND 1 738,282 0 111,968
TJX COS INC NEW COM 872540109 290 4,088 SH   DFND 1 0 0 4,088
UNION PAC CORP COM 907818108 19,631 251,028 SH   DFND 1 217,108 0 33,920
UNITED TECHNOLOGIES CORP COM 913017109 16,384 170,544 SH   DFND 1 141,179 0 29,365
UNITEDHEALTH GROUP INC COM 91324P102 15,811 134,393 SH   DFND 1 114,172 0 20,221
WAL-MART STORES INC COM 931142103 1,510 24,622 SH   DFND 1 0 0 24,622
WELLS FARGO & CO NEW COM 949746101 407 7,479 SH   DFND 1 0 0 7,479