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
ABBOTT LABS COM 002824100 932 22,400 SH   OTR 1 22,400 0 0
ACTAVIS PLC SHS G0083B108 12,562 52,063 SH   OTR 1 52,063 0 0
ADOBE SYS INC COM 00724F101 803 11,600 SH   OTR 1 11,600 0 0
AFFILIATED MANAGERS GROUP COM 008252108 801 4,000 SH   OTR 1 4,000 0 0
AIRGAS INC COM 009363102 5,588 50,500 SH   OTR 1 50,500 0 0
ALEXION PHARMACEUTICALS INC COM 015351109 17 100 SH   OTR 1 100 0 0
ALLEGHANY CORP DEL COM 017175100 42 100 SH   OTR 1 100 0 0
ALLIANCE DATA SYSTEMS CORP COM 018581108 770 3,100 SH   OTR 1 3,100 0 0
ALTRIA GROUP INC COM 02209S103 15,142 329,600 SH   OTR 1 329,600 0 0
AMAZON COM INC COM 023135106 806 2,500 SH   OTR 1 2,500 0 0
AMERICAN CAPITAL AGENCY CORP COM 02503X105 9,038 425,300 SH   OTR 1 425,300 0 0
AMERICAN ELEC PWR INC COM 025537101 2,778 53,200 SH   OTR 1 53,200 0 0
AMERICAN WTR WKS CO INC NEW COM 030420103 10,760 223,100 SH   OTR 1 223,100 0 0
AMERISOURCEBERGEN CORP COM 03073E105 2,930 37,900 SH   OTR 1 37,900 0 0
ANNALY CAP MGMT INC COM 035710409 5,298 496,100 SH   OTR 1 496,100 0 0
APPLE INC COM 037833100 24,966 247,800 SH   OTR 1 247,800 0 0
AQUA AMERICA INC COM 03836W103 7,868 334,375 SH   OTR 1 334,375 0 0
ARCH CAP GROUP LTD ORD G0450A105 17,855 326,300 SH   OTR 1 326,300 0 0
AT&T INC COM 00206R102 11,523 327,000 SH   OTR 1 327,000 0 0
AUTOZONE INC COM 053332102 15,392 30,200 SH   OTR 1 30,200 0 0
B/E AEROSPACE INC COM 073302101 663 7,900 SH   OTR 1 7,900 0 0
BARCLAYS BANK PLC ADR PFD SR 5 06739H362 6,877 264,792 SH   OTR 2 264,792 0 0
BARCLAYS BANK PLC ADS7.75%PFD S4 06739H511 1,038 40,146 SH   OTR 2 40,146 0 0
BARCLAYS BANK PLC SP ADR 7.1%PF3 06739H776 7,611 295,671 SH   OTR 2 295,671 0 0
BAXTER INTL INC COM 071813109 2,641 36,800 SH   OTR 1 36,800 0 0
BECTON DICKINSON & CO COM 075887109 2,606 22,900 SH   OTR 1 22,900 0 0
BED BATH & BEYOND INC COM 075896100 10,717 162,800 SH   OTR 1 162,800 0 0
BERKLEY W R CORP COM 084423102 4,249 88,900 SH   OTR 1 88,900 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 14,270 103,300 SH   OTR 1 103,300 0 0
BIOGEN IDEC INC COM 09062X103 827 2,500 SH   OTR 1 2,500 0 0
CALPINE CORP COM NEW 131347304 838 38,600 SH   OTR 1 38,600 0 0
CAMERON INTERNATIONAL CORP COM 13342B105 783 11,800 SH   OTR 1 11,800 0 0
CAMPBELL SOUP CO COM 134429109 2,440 57,100 SH   OTR 1 57,100 0 0
CAPITOL FED FINL INC COM 14057J101 2,322 196,489 SH   OTR 1 196,489 0 0
CAREFUSION CORP COM 14170T101 896 19,800 SH   OTR 1 19,800 0 0
CBOE HLDGS INC COM 12503M108 1,022 19,100 SH   OTR 1 19,100 0 0
CELGENE CORP COM 151020104 929 9,800 SH   OTR 1 9,800 0 0
CERNER CORP COM 156782104 7,530 126,400 SH   OTR 1 126,400 0 0
CHEVRON CORP NEW COM 166764100 6,169 51,700 SH   OTR 1 51,700 0 0
CHIMERA INVT CORP COM 16934Q109 5,201 1,710,900 SH   OTR 1 1,710,900 0 0
CHIPOTLE MEXICAN GRILL INC COM 169656105 16,665 25,000 SH   OTR 1 25,000 0 0
CHUBB CORP COM 171232101 6,521 71,600 SH   OTR 1 71,600 0 0
CHURCH & DWIGHT INC COM 171340102 2,617 37,300 SH   OTR 1 37,300 0 0
CIT GROUP INC COM NEW 125581801 1,471 32,000 SH   OTR 2 32,000 0 0
CITRIX SYS INC COM 177376100 7 100 SH   OTR 1 100 0 0
CLOROX CO DEL COM 189054109 12,053 125,500 SH   OTR 1 125,500 0 0
COBALT INTL ENERGY INC COM 19075F106 1 100 SH   OTR 1 100 0 0
COGNIZANT TECHNOLOGY SOLUTIO CL A 192446102 694 15,500 SH   OTR 1 15,500 0 0
CONAGRA FOODS INC COM 205887102 4,328 131,000 SH   OTR 1 131,000 0 0
CONCHO RES INC COM 20605P101 727 5,800 SH   OTR 1 5,800 0 0
CONOCOPHILLIPS COM 20825C104 12,549 164,000 SH   OTR 1 164,000 0 0
CONSOLIDATED EDISON INC COM 209115104 4,805 84,800 SH   OTR 1 84,800 0 0
CONSTELLATION BRANDS INC CL A 21036P108 793 9,100 SH   OTR 1 9,100 0 0
CONTINENTAL RESOURCES INC COM 212015101 7,924 119,200 SH   OTR 1 119,200 0 0
COPART INC COM 217204106 3,564 113,800 SH   OTR 1 113,800 0 0
COVANCE INC COM 222816100 3,353 42,600 SH   OTR 1 42,600 0 0
CREE INC COM 225447101 4 100 SH   OTR 1 100 0 0
CROWN HOLDINGS INC COM 228368106 690 15,500 SH   OTR 1 15,500 0 0
DAVITA HEALTHCARE PARTNERS I COM 23918K108 8,470 115,800 SH   OTR 1 115,800 0 0
DIRECTV COM 25490A309 21,249 245,600 SH   OTR 1 245,600 0 0
DISCOVERY COMMUNICATNS NEW COM SER A 25470F104 3,735 98,800 SH   OTR 1 98,800 0 0
DISCOVERY COMMUNICATNS NEW COM SER C 25470F302 10,133 271,800 SH   OTR 1 271,800 0 0
DOLLAR GEN CORP NEW COM 256677105 6 100 SH   OTR 1 100 0 0
DOLLAR TREE INC COM 256746108 9,487 169,200 SH   OTR 1 169,200 0 0
DOMINION RES INC VA NEW COM 25746U109 7,393 107,000 SH   OTR 1 107,000 0 0
DRESSER-RAND GROUP INC COM 261608103 8 100 SH   OTR 1 100 0 0
DUKE ENERGY CORP NEW COM NEW 26441C204 13,076 174,878 SH   OTR 1 174,878 0 0
EBAY INC COM 278642103 13,387 236,400 SH   OTR 1 236,400 0 0
EDISON INTL COM 281020107 1,717 30,700 SH   OTR 1 30,700 0 0
EDWARDS LIFESCIENCES CORP COM 28176E108 5,894 57,700 SH   OTR 1 57,700 0 0
EMERSON ELEC CO COM 291011104 4,537 72,500 SH   OTR 1 72,500 0 0
ENDO INTL PLC SHS G30401106 704 10,300 SH   OTR 1 10,300 0 0
ENTERGY CORP NEW COM 29364G103 9,867 127,600 SH   OTR 1 127,600 0 0
EQUINIX INC COM NEW 29444U502 2,805 13,200 SH   OTR 1 13,200 0 0
EXPRESS SCRIPTS HLDG CO COM 30219G108 12,584 178,164 SH   OTR 1 178,164 0 0
EXXON MOBIL CORP COM 30231G102 5,916 62,900 SH   OTR 1 62,900 0 0
F5 NETWORKS INC COM 315616102 12 100 SH   OTR 1 100 0 0
FACEBOOK INC CL A 30303M102 941 11,900 SH   OTR 1 11,900 0 0
FIDELITY NATL INFORMATION SV COM 31620M106 456 8,100 SH   OTR 1 8,100 0 0
FISERV INC COM 337738108 21,530 333,100 SH   OTR 1 333,100 0 0
FLOWERS FOODS INC COM 343498101 1,281 69,750 SH   OTR 1 69,750 0 0
FMC TECHNOLOGIES INC COM 30249U101 6,289 115,800 SH   OTR 1 115,800 0 0
GENERAL MLS INC COM 370334104 5,993 118,800 SH   OTR 1 118,800 0 0
GILEAD SCIENCES INC COM 375558103 979 9,200 SH   OTR 1 9,200 0 0
GLOBALSTAR INC COM 378973408 15,205 4,154,400 SH   SOLE   4,154,400 0 0
GOOGLE INC CL A 38259P508 824 1,400 SH   OTR 1 1,400 0 0
GOOGLE INC CL C 38259P706 17,436 30,200 SH   OTR 1 30,200 0 0
GRACE W R & CO DEL NEW COM 38388F108 9 100 SH   OTR 1 100 0 0
HEALTH CARE REIT INC COM 42217K106 5,551 89,000 SH   OTR 1 89,000 0 0
HERSHEY CO COM 427866108 11,891 124,600 SH   OTR 1 124,600 0 0
HERTZ GLOBAL HOLDINGS INC COM 42805T105 3 100 SH   OTR 1 100 0 0
HILTON WORLDWIDE HLDGS INC COM 43300A104 2 100 SH   OTR 1 100 0 0
HONEYWELL INTL INC COM 438516106 6,546 70,300 SH   OTR 1 70,300 0 0
HUDSON CITY BANCORP COM 443683107 3,293 338,800 SH   OTR 1 338,800 0 0
IDEXX LABS INC COM 45168D104 2,946 25,000 SH   OTR 1 25,000 0 0
IHS INC CL A 451734107 5,446 43,500 SH   OTR 1 43,500 0 0
INTERNATIONAL BUSINESS MACHS COM 459200101 3,246 17,100 SH   OTR 1 17,100 0 0
INTUITIVE SURGICAL INC COM NEW 46120E602 46 100 SH   OTR 1 100 0 0
ISHARES IBOXX HI YD ETF 464288513 49,018 533,100 SH Put OTR 3 533,100 0 0
ISHARES EM MK MINVOL ETF 464286533 83,392 1,394,518 SH   SOLE   1,394,518 0 0
JOHNSON & JOHNSON COM 478160104 13,835 129,800 SH   OTR 1 129,800 0 0
KELLOGG CO COM 487836108 2,507 40,700 SH   OTR 1 40,700 0 0
KIMBERLY CLARK CORP COM 494368103 7,379 68,600 SH   OTR 1 68,600 0 0
KINDER MORGAN MANAGEMENT LLC SHS 49455U100 9,257 98,326 SH   OTR 1 98,326 0 0
KIRBY CORP COM 497266106 7,684 65,200 SH   OTR 1 65,200 0 0
KRAFT FOODS GROUP INC COM 50076Q106 2,412 42,766 SH   OTR 1 42,766 0 0
KROGER CO COM 501044101 8,835 169,900 SH   OTR 1 169,900 0 0
LABORATORY CORP AMER HLDGS COM NEW 50540R409 763 7,500 SH   OTR 1 7,500 0 0
LIBERTY GLOBAL PLC SHS CL A G5480U104 4 100 SH   OTR 1 100 0 0
LIBERTY GLOBAL PLC SHS CL C G5480U120 4 100 SH   OTR 1 100 0 0
LIBERTY MEDIA CORP DELAWARE CL A 531229102 6 132 SH   OTR 1 132 0 0
LIBERTY MEDIA CORP DELAWARE COM SER C 531229300 12 264 SH   OTR 1 264 0 0
LILLY ELI & CO COM 532457108 5,856 90,300 SH   OTR 1 90,300 0 0
LINKEDIN CORP COM CL A 53578A108 997 4,800 SH   OTR 1 4,800 0 0
LKQ CORP COM 501889208 699 26,300 SH   OTR 1 26,300 0 0
LULULEMON ATHLETICA INC COM 550021109 4 100 SH   OTR 1 100 0 0
MARKEL CORP COM 570535104 15,649 24,600 SH   OTR 1 24,600 0 0
MCCORMICK & CO INC COM NON VTG 579780206 5,238 78,300 SH   OTR 1 78,300 0 0
MCDONALDS CORP COM 580135101 5,433 57,300 SH   OTR 1 57,300 0 0
MERCK & CO INC NEW COM 58933Y105 10,451 176,300 SH   OTR 1 176,300 0 0
METTLER TOLEDO INTERNATIONAL COM 592688105 10,245 40,000 SH   OTR 1 40,000 0 0
MICHAEL KORS HLDGS LTD SHS G60754101 7 100 SH   OTR 1 100 0 0
MICRON TECHNOLOGY INC COM 595112103 3 100 SH   OTR 1 100 0 0
MOHAWK INDS INC COM 608190104 742 5,500 SH   OTR 1 5,500 0 0
MOLSON COORS BREWING CO CL B 60871R209 3,342 44,900 SH   OTR 1 44,900 0 0
MONDELEZ INTL INC CL A 609207105 2,457 71,700 SH   OTR 1 71,700 0 0
MONSTER BEVERAGE CORP COM 611740101 16,574 180,800 SH   OTR 1 180,800 0 0
NEXTERA ENERGY INC COM 65339F101 6,910 73,600 SH   OTR 1 73,600 0 0
NORTHEAST UTILS COM 664397106 2,127 48,019 SH   OTR 1 48,019 0 0
NRG ENERGY INC COM NEW 629377508 439 14,400 SH   OTR 1 14,400 0 0
NVR INC COM 62944T105 9,718 8,600 SH   OTR 1 8,600 0 0
O REILLY AUTOMOTIVE INC NEW COM 67103H107 13,547 90,100 SH   OTR 1 90,100 0 0
PANERA BREAD CO CL A 69840W108 4,589 28,200 SH   OTR 1 28,200 0 0
PARTNERRE LTD COM G6852T105 3,242 29,500 SH   OTR 1 29,500 0 0
PATTERSON COMPANIES INC COM 703395103 2,523 60,900 SH   OTR 1 60,900 0 0
PEPCO HOLDINGS INC COM 713291102 3,671 137,200 SH   OTR 1 137,200 0 0
PEPSICO INC COM 713448108 2,821 30,300 SH   OTR 1 30,300 0 0
PFIZER INC COM 717081103 12,481 422,074 SH   OTR 1 422,074 0 0
PHILIP MORRIS INTL INC COM 718172109 10,583 126,900 SH   OTR 1 126,900 0 0
POST HLDGS INC COM 737446104 685 20,650 SH   OTR 1 20,650 0 0
PPL CORP COM 69351T106 6,318 192,400 SH   OTR 1 192,400 0 0
PRICELINE GRP INC COM NEW 741503403 2,896 2,500 SH   OTR 1 2,500 0 0
PROCTER & GAMBLE CO COM 742718109 2,521 30,100 SH   OTR 1 30,100 0 0
QUALCOMM INC COM 747525103 93,518 1,250,747 SH   SOLE   1,250,747 0 0
QUANTA SVCS INC COM 74762E102 4 100 SH   OTR 1 100 0 0
QUEST DIAGNOSTICS INC COM 74834L100 2,494 41,100 SH   OTR 1 41,100 0 0
REALOGY HLDGS CORP COM 75605Y106 4 100 SH   OTR 1 100 0 0
REALTY INCOME CORP COM 756109104 2,651 65,000 SH   OTR 1 65,000 0 0
REGENERON PHARMACEUTICALS COM 75886F107 36 100 SH   OTR 1 100 0 0
REYNOLDS AMERICAN INC COM 761713106 12,756 216,200 SH   OTR 1 216,200 0 0
ROSS STORES INC COM 778296103 552 7,300 SH   OTR 1 7,300 0 0
ROYAL BK SCOTLAND GROUP PLC SP ADR PREF T 780097713 22,010 871,667 SH   OTR 2 871,667 0 0
ROYAL BK SCOTLAND GROUP PLC SP ADR PREF S 780097739 1,399 56,400 SH   OTR 2 56,400 0 0
ROYAL BK SCOTLAND GROUP PLC SP ADR PREF M 780097796 723 29,500 SH   OTR 2 29,500 0 0
ROYAL BK SCOTLAND GROUP PLC SPON ADR SER H 780097879 5,412 213,067 SH   OTR 2 213,067 0 0
SALESFORCE COM INC COM 79466L302 800 13,900 SH   OTR 1 13,900 0 0
SALLY BEAUTY HLDGS INC COM 79546E104 813 29,700 SH   OTR 1 29,700 0 0
SBA COMMUNICATIONS CORP COM 78388J106 11 100 SH   OTR 1 100 0 0
SCANA CORP NEW COM 80589M102 5,631 113,500 SH   OTR 1 113,500 0 0
SCHEIN HENRY INC COM 806407102 10,610 91,100 SH   OTR 1 91,100 0 0
SEMPRA ENERGY COM 816851109 4,552 43,200 SH   OTR 1 43,200 0 0
SOUTHERN CO COM 842587107 9,236 211,600 SH   OTR 1 211,600 0 0
SOUTHWESTERN ENERGY CO COM 845467109 1,789 51,200 SH   OTR 1 51,200 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 34,873 177,000 SH Put OTR 3 177,000 0 0
STERICYCLE INC COM 858912108 10,945 93,900 SH   OTR 1 93,900 0 0
SYNAPTICS INC COM 87157D109 2,729 37,285 SH   SOLE   37,285 0 0
SYSCO CORP COM 871829107 2,584 68,100 SH   OTR 1 68,100 0 0
TECO ENERGY INC COM 872375100 4,753 273,500 SH   OTR 1 273,500 0 0
TERADATA CORP DEL COM 88076W103 4 100 SH   OTR 1 100 0 0
TESLA MTRS INC COM 88160R101 24 100 SH   OTR 1 100 0 0
TRAVELERS COMPANIES INC COM 89417E109 13,847 147,400 SH   OTR 1 147,400 0 0
TRIMBLE NAVIGATION LTD COM 896239100 3 100 SH   OTR 1 100 0 0
TRW AUTOMOTIVE HLDGS CORP COM 87264S106 901 8,900 SH   OTR 1 8,900 0 0
UNDER ARMOUR INC CL A 904311107 14 200 SH   OTR 1 200 0 0
UNITED CONTL HLDGS INC COM 910047109 5 100 SH   OTR 1 100 0 0
UNITEDHEALTH GROUP INC COM 91324P102 13,731 159,200 SH   OTR 1 159,200 0 0
VALIDUS HOLDINGS LTD COM SHS G9319H102 3,777 96,500 SH   OTR 1 96,500 0 0
VANGUARD INTL EQUITY INDEX F FTSE EMR MKT ETF 922042858 193,248 4,633,127 SH   SOLE   4,633,127 0 0
VERISIGN INC COM 92343E102 6 100 SH   OTR 1 100 0 0
VERISK ANALYTICS INC CL A 92345Y106 755 12,400 SH   OTR 1 12,400 0 0
VERIZON COMMUNICATIONS INC COM 92343V104 13,167 263,400 SH   OTR 1 263,400 0 0
WABCO HLDGS INC COM 92927K102 637 7,000 SH   OTR 1 7,000 0 0
WAL-MART STORES INC COM 931142103 12,449 162,800 SH   OTR 1 162,800 0 0
WASTE MGMT INC DEL COM 94106L109 4,867 102,400 SH   OTR 1 102,400 0 0
WATERS CORP COM 941848103 3,529 35,600 SH   OTR 1 35,600 0 0
WELLPOINT INC COM 94973V107 15,802 132,100 SH   OTR 1 132,100 0 0
WELLS FARGO & CO NEW COM 949746101 5,659 109,100 SH   OTR 1 109,100 0 0
WHITE MTNS INS GROUP LTD COM G9618E107 3,213 5,100 SH   OTR 1 5,100 0 0
WHITING PETE CORP NEW COM 966387102 822 10,600 SH   OTR 1 10,600 0 0
WISCONSIN ENERGY CORP COM 976657106 7,254 168,700 SH   OTR 1 168,700 0 0
XCEL ENERGY INC COM 98389B100 5,779 190,100 SH   OTR 1 190,100 0 0
ZEBRA TECHNOLOGIES CORP CL A 989207105 3,624 51,070 SH   OTR 1 51,070 0 0