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
3M CO COM 88579Y101 6,775 40,660 SH   SOLE   6,775 0 0
ALPHABET INC CAP STK CL A 02079K305 6,701 8,783 SH   SOLE   6,701 0 0
AMERICAN WTR WKS CO INC NEW COM 030420103 13,972 202,700 SH   SOLE   13,972 0 0
ANGLOGOLD ASHANTI LTD SPONSORED ADR 035128206 4,449 325,000 SH   SOLE   4,449 0 0
APOLLO GLOBAL MGMT LLC CL A SHS 037612306 6,334 370,000 SH   SOLE   6,334 0 0
APPLE INC COM 037833100 13,575 124,550 SH   SOLE   13,575 0 0
AUTOLIV INC COM 052800109 6,736 56,850 SH   SOLE   6,736 0 0
BIOGEN INC COM 09062X103 15,380 59,080 SH   SOLE   15,380 0 0
BLACKSTONE GROUP L P COM UNIT LTD 09253U108 13,464 480,000 SH   SOLE   13,464 0 0
BROOKFIELD ASSET MGMT INC CL A LTD VT SH 112585104 15,518 443,910 SH   SOLE   15,518 0 0
CALPINE CORP COM NEW 131347304 2,427 160,000 SH   SOLE   2,427 0 0
CAPITAL ONE FINL CORP COM 14040H105 6,434 92,830 SH   SOLE   6,434 0 0
CERNER CORP COM 156782104 5,455 103,000 SH   SOLE   5,455 0 0
COCA COLA CO COM 191216100 11,051 238,210 SH   SOLE   11,051 0 0
COLGATE PALMOLIVE CO COM 194162103 19,737 279,360 SH   SOLE   19,737 0 0
CVS HEALTH CORP COM 126650100 6,665 64,250 SH   SOLE   6,665 0 0
E M C CORP MASS COM 268648102 15,373 576,850 SH   SOLE   15,373 0 0
EOG RES INC COM 26875P101 6,245 86,040 SH   SOLE   6,245 0 0
EQUITY RESIDENTIAL SH BEN INT 29476L107 4,461 59,450 SH   SOLE   4,461 0 0
LAUDER ESTEE COS INC CL A 518439104 10,666 113,100 SH   SOLE   10,666 0 0
FTI CONSULTING INC COM 302941109 4,474 126,000 SH   SOLE   4,474 0 0
GILEAD SCIENCES INC COM 375558103 11,640 126,710 SH   SOLE   11,640 0 0
HASBRO INC COM 418056107 7,658 95,600 SH   SOLE   7,658 0 0
HCP INC COM 40414L109 13,021 399,650 SH   SOLE   13,021 0 0
HOST HOTELS & RESORTS INC COM 44107P104 5,206 311,730 SH   SOLE   5,206 0 0
INDEXIQ ETF TR IQ GLB RES ETF 45409B883 8,239 350,000 SH   SOLE   8,239 0 0
INTUITIVE SURGICAL INC COM NEW 46120E602 8,787 14,620 SH   SOLE   8,787 0 0
JOHNSON & JOHNSON COM 478160104 10,907 100,800 SH   SOLE   10,907 0 0
KINDER MORGAN INC DEL COM 49456B101 3,572 200,000 SH   SOLE   3,572 0 0
KKR & CO L P DEL COM UNITS 48248M102 13,515 920,000 SH   SOLE   13,515 0 0
M & T BK CORP COM 55261F104 15,716 141,590 SH   SOLE   15,716 0 0
MARKET VECTORS ETF TR NATURAL RES ETF 57060U795 12,820 450,000 SH   SOLE   12,820 0 0
MCDONALDS CORP COM 580135101 14,027 111,610 SH   SOLE   14,027 0 0
MERCK & CO INC NEW COM 58933Y105 27,476 519,300 SH   SOLE   27,476 0 0
MICROSOFT CORP COM 594918104 16,996 307,730 SH   SOLE   16,996 0 0
MONDELEZ INTL INC CL A 609207105 18,974 472,920 SH   SOLE   18,974 0 0
MORGAN STANLEY COM NEW 617446448 6,472 258,760 SH   SOLE   6,472 0 0
NASDAQ INC COM 631103108 6,465 97,400 SH   SOLE   6,465 0 0
NEWMONT MINING CORP COM 651639106 8,638 325,000 SH   SOLE   8,638 0 0
ORACLE CORP COM 68389X105 30,289 740,372 SH   SOLE   30,289 0 0
PENNANTPARK FLOATING RATE CA COM 70806A106 5,967 510,000 SH   SOLE   5,967 0 0
PEPSICO INC COM 713448108 13,766 134,328 SH   SOLE   13,766 0 0
RACKSPACE HOSTING INC COM 750086100 8,467 392,180 SH   SOLE   8,467 0 0
SHAW COMMUNICATIONS INC CL B CONV 82028K200 15,231 784,390 SH   SOLE   15,231 0 0
TUPPERWARE BRANDS CORP COM 899896104 8,697 150,000 SH   SOLE   8,697 0 0
UNITEDHEALTH GROUP INC COM 91324P102 13,598 105,490 SH   SOLE   13,598 0 0
VERIZON COMMUNICATIONS INC COM 92343V104 5,787 107,000 SH   SOLE   5,787 0 0
VERMILION ENERGY INC COM 923725105 10,884 370,000 SH   SOLE   10,884 0 0
WELLS FARGO & CO NEW COM 949746101 18,649 385,620 SH   SOLE   18,649 0 0
WELLTOWER INC COM 95040Q104 14,117 203,595 SH   SOLE   14,117 0 0
WISDOMTREE TR JAPN HEDGE EQT 97717W851 2,229 51,000 SH   SOLE   2,229 0 0