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 2,465 15,000 SH   DFND 2,3,6 15,000 0 0
AGILENT TECHNOLOGIES INC COM 00846U101 1,228 30,000 SH   DFND 2,3,6 30,000 0 0
AIR PRODS & CHEMS INC COM 009158106 33,750 234,000 SH   DFND 2,3,6 234,000 0 0
AIR PRODS & CHEMS INC COM 009158106 469 3,250 SH   DFND 3,6 3,250 0 0
AIR PRODS & CHEMS INC COM 009158106 8,942 62,000 SH   DFND 3,4,6 62,000 0 0
AIR PRODS & CHEMS INC COM 009158106 65,480 454,000 SH   DFND 5,6 454,000 0 0
AMERICAN EXPRESS CO COM 025816109 3,256 35,000 SH   DFND 2,3,6 35,000 0 0
APPLE INC COM 037833100 33,153 300,354 SH   DFND 2,3,6 300,354 0 0
APPLE INC COM 037833100 552 5,000 SH   DFND 3,6 5,000 0 0
APPLE INC COM 037833100 8,160 73,928 SH   DFND 3,4,6 73,928 0 0
APPLE INC COM 037833100 90,729 821,968 SH   DFND 5,6 821,968 0 0
ARCH COAL INC COM 039380100 17,800 10,000,000 SH   DFND 3,6 10,000,000 0 0
ARES CAP CORP COM 04010L103 2,792 178,907 SH   DFND 3,6 178,907 0 0
ARES COML REAL ESTATE CORP COM 04013V108 1,436 125,115 SH   DFND 3,6 125,115 0 0
ARES DYNAMIC CR ALLOCATION F COM 04014F102 161 8,865 SH   DFND 3,6 8,865 0 0
AUTODESK INC COM 052769106 1,502 25,000 SH   DFND 2,3,6 25,000 0 0
AUTOMATIC DATA PROCESSING IN COM 053015103 2,501 30,000 SH   DFND 2,3,6 30,000 0 0
BERKSHIRE HATHAWAY INC DEL CL B 084670702 3,003 20,000 SH   DFND 2,3,6 20,000 0 0
BOEING CO COM 097023105 37,043 284,990 SH   DFND 2,3,6 284,990 0 0
BOEING CO COM 097023105 494 3,800 SH   DFND 3,6 3,800 0 0
BOEING CO COM 097023105 9,467 72,838 SH   DFND 3,4,6 72,838 0 0
BOEING CO COM 097023105 66,724 513,342 SH   DFND 5,6 513,342 0 0
CAMERON INTERNATIONAL CORP COM 13342B105 18,222 364,797 SH   DFND 2,3,6 364,797 0 0
CAMERON INTERNATIONAL CORP COM 13342B105 300 6,000 SH   DFND 3,6 6,000 0 0
CAMERON INTERNATIONAL CORP COM 13342B105 4,827 96,641 SH   DFND 3,4,6 96,641 0 0
CAMERON INTERNATIONAL CORP COM 13342B105 34,394 688,562 SH   DFND 5,6 688,562 0 0
CDK GLOBAL INC COM 12508E101 408 10,000 SH   DFND 2,3,6 10,000 0 0
CHUBB CORP COM 171232101 32,241 311,602 SH   DFND 2,3,6 311,602 0 0
CHUBB CORP COM 171232101 362 3,500 SH   DFND 3,6 3,500 0 0
CHUBB CORP COM 171232101 7,729 74,698 SH   DFND 3,4,6 74,698 0 0
CHUBB CORP COM 171232101 56,257 543,700 SH   DFND 5,6 543,700 0 0
COCA COLA CO COM 191216100 2,533 60,000 SH   DFND 2,3,6 60,000 0 0
COLGATE PALMOLIVE CO COM 194162103 21,748 314,316 SH   DFND 2,3,6 314,316 0 0
COLGATE PALMOLIVE CO COM 194162103 311 4,500 SH   DFND 3,6 4,500 0 0
COLGATE PALMOLIVE CO COM 194162103 5,780 83,545 SH   DFND 3,4,6 83,545 0 0
COLGATE PALMOLIVE CO COM 194162103 41,662 602,139 SH   DFND 5,6 602,139 0 0
CONOCOPHILLIPS COM 20825C104 2,072 30,000 SH   DFND 2,3,6 30,000 0 0
COSTCO WHSL CORP NEW COM 22160K105 2,835 20,000 SH   DFND 2,3,6 20,000 0 0
CSX CORP COM 126408103 181,150 5,000,000 SH   DFND 3,6 5,000,000 0 0
CUMMINS INC COM 231021106 24,453 169,609 SH   DFND 2,3,6 169,609 0 0
CUMMINS INC COM 231021106 360 2,500 SH   DFND 3,6 2,500 0 0
CUMMINS INC COM 231021106 6,024 41,787 SH   DFND 3,4,6 41,787 0 0
CUMMINS INC COM 231021106 43,771 303,604 SH   DFND 5,6 303,604 0 0
DEERE & CO COM 244199105 2,654 30,000 SH   DFND 2,3,6 30,000 0 0
DELTA AIR LINES INC DEL COM NEW 247361702 15,987 325,000 SH   DFND 0,6 325,000 0 0
DELTA AIR LINES INC DEL COM NEW 247361702 52,879 1,075,000 SH   DFND 3,6 1,075,000 0 0
DISNEY WALT CO COM DISNEY 254687106 4,239 45,000 SH   DFND 2,3,6 45,000 0 0
EMERSON ELEC CO COM 291011104 31,443 509,366 SH   DFND 2,3,6 509,366 0 0
EMERSON ELEC CO COM 291011104 401 6,500 SH   DFND 3,6 6,500 0 0
EMERSON ELEC CO COM 291011104 7,652 123,962 SH   DFND 3,4,6 123,962 0 0
EMERSON ELEC CO COM 291011104 55,967 906,672 SH   DFND 5,6 906,672 0 0
EXXON MOBIL CORP COM 30231G102 2,774 30,000 SH   DFND 2,3,6 30,000 0 0
FEDEX CORP COM 31428X106 2,605 15,000 SH   DFND 2,3,6 15,000 0 0
GOOGLE INC CL A 38259P508 1,327 2,500 SH   DFND 2,3,6 2,500 0 0
GOOGLE INC CL C 38259P706 16,055 30,500 SH   DFND 2,3,6 30,500 0 0
GOOGLE INC CL C 38259P706 211 400 SH   DFND 3,6 400 0 0
GOOGLE INC CL C 38259P706 3,737 7,100 SH   DFND 3,4,6 7,100 0 0
GOOGLE INC CL C 38259P706 26,320 50,000 SH   DFND 5,6 50,000 0 0
HERSHEY CO COM 427866108 23,639 227,454 SH   DFND 2,3,6 227,454 0 0
HERSHEY CO COM 427866108 339 3,263 SH   DFND 3,6 3,263 0 0
HERSHEY CO COM 427866108 6,268 60,313 SH   DFND 3,4,6 60,313 0 0
HERSHEY CO COM 427866108 42,504 408,970 SH   DFND 5,6 408,970 0 0
HOME DEPOT INC COM 437076102 3,674 35,000 SH   DFND 2,3,6 35,000 0 0
INTEL CORP COM 458140100 3,085 85,000 SH   DFND 2,3,6 85,000 0 0
INTERNATIONAL BUSINESS MACHS COM 459200101 1,925 12,000 SH   DFND 2,3,6 12,000 0 0
JOHNSON AND JOHNSON COM 478160104 3,137 30,000 SH   DFND 2,3,6 30,000 0 0
JPMORGAN CHASE & CO COM 46625H100 2,503 40,000 SH   DFND 2,3,6 40,000 0 0
KELLOGG CO COM 487836108 2,290 35,000 SH   DFND 2,3,6 35,000 0 0
KEYSIGHT TECHNOLOGIES INC COM 49338L103 507 15,000 SH   DFND 2,3,6 15,000 0 0
LAS VEGAS SANDS CORP COM 517834107 25,113 431,797 SH   DFND 2,3,6 431,797 0 0
LAS VEGAS SANDS CORP COM 517834107 407 7,000 SH   DFND 3,6 7,000 0 0
LAS VEGAS SANDS CORP COM 517834107 6,229 107,105 SH   DFND 3,4,6 107,105 0 0
LAS VEGAS SANDS CORP COM 517834107 43,102 741,098 SH   DFND 5,6 741,098 0 0
LAUDER ESTEE COS INC CL A 518439104 1,905 25,000 SH   DFND 2,3,6 25,000 0 0
LILLY ELI & CO COM 532457108 35,683 517,223 SH   DFND 2,3,6 517,223 0 0
LILLY ELI & CO COM 532457108 483 7,000 SH   DFND 3,6 7,000 0 0
LILLY ELI & CO COM 532457108 8,550 123,927 SH   DFND 3,4,6 123,927 0 0
LILLY ELI & CO COM 532457108 62,702 908,850 SH   DFND 5,6 908,850 0 0
MCKESSON CORP COM 58155Q103 16,828 81,068 SH   DFND 2,3,6 81,068 0 0
MCKESSON CORP COM 58155Q103 311 1,500 SH   DFND 3,6 1,500 0 0
MCKESSON CORP COM 58155Q103 4,478 21,574 SH   DFND 3,4,6 21,574 0 0
MCKESSON CORP COM 58155Q103 30,589 147,358 SH   DFND 5,6 147,358 0 0
MEDTRONIC INC COM 585055106 3,971 55,000 SH   DFND 2,3,6 55,000 0 0
MICROSOFT CORP COM 594918104 3,948 85,000 SH   DFND 2,3,6 85,000 0 0
NOBLE ENERGY INC COM 655044105 18,795 396,259 SH   DFND 2,3,6 396,259 0 0
NOBLE ENERGY INC COM 655044105 332 7,000 SH   DFND 3,6 7,000 0 0
NOBLE ENERGY INC COM 655044105 4,502 94,928 SH   DFND 3,4,6 94,928 0 0
NOBLE ENERGY INC COM 655044105 30,773 648,813 SH   DFND 5,6 648,813 0 0
NORDSTROM INC COM 655664100 2,382 30,000 SH   DFND 2,3,6 30,000 0 0
NOVARTIS AG SPONSORED ADR 66987V109 2,317 25,000 SH   DFND 2,3,6 25,000 0 0
OCCIDENTAL PETE CORP DEL COM 674599105 19,732 244,782 SH   DFND 2,3,6 244,782 0 0
OCCIDENTAL PETE CORP DEL COM 674599105 282 3,500 SH   DFND 3,6 3,500 0 0
OCCIDENTAL PETE CORP DEL COM 674599105 5,233 64,916 SH   DFND 3,4,6 64,916 0 0
OCCIDENTAL PETE CORP DEL COM 674599105 35,493 440,302 SH   DFND 5,6 440,302 0 0
OLD REP INTL CORP COM 680223104 43,890 3,000,000 SH   DFND 3,6 3,000,000 0 0
ORACLE CORP COM 68389X105 19,500 433,622 SH   DFND 2,3,6 433,622 0 0
ORACLE CORP COM 68389X105 225 5,000 SH   DFND 3,6 5,000 0 0
ORACLE CORP COM 68389X105 4,517 100,437 SH   DFND 3,4,6 100,437 0 0
ORACLE CORP COM 68389X105 32,646 725,941 SH   DFND 5,6 725,941 0 0
PACCAR INC COM 693718108 2,040 30,000 SH   DFND 2,3,6 30,000 0 0
PHILIP MORRIS INTL INC COM 718172109 37,303 457,988 SH   DFND 2,3,6 457,988 0 0
PHILIP MORRIS INTL INC COM 718172109 489 6,000 SH   DFND 3,6 6,000 0 0
PHILIP MORRIS INTL INC COM 718172109 9,158 112,437 SH   DFND 3,4,6 112,437 0 0
PHILIP MORRIS INTL INC COM 718172109 66,347 814,575 SH   DFND 5,6 814,575 0 0
PROCTER & GAMBLE CO COM 742718109 2,733 30,000 SH   DFND 2,3,6 30,000 0 0
ROPER INDS INC NEW COM 776696106 19,606 125,401 SH   DFND 2,3,6 125,401 0 0
ROPER INDS INC NEW COM 776696106 274 1,750 SH   DFND 3,6 1,750 0 0
ROPER INDS INC NEW COM 776696106 5,242 33,528 SH   DFND 3,4,6 33,528 0 0
ROPER INDS INC NEW COM 776696106 37,691 241,071 SH   DFND 5,6 241,071 0 0
SAP AG SPON ADR 803054204 25,911 372,018 SH   DFND 2,3,6 372,018 0 0
SAP AG SPON ADR 803054204 348 5,000 SH   DFND 3,6 5,000 0 0
SAP AG SPON ADR 803054204 6,220 89,309 SH   DFND 3,4,6 89,309 0 0
SAP AG SPON ADR 803054204 46,220 663,601 SH   DFND 5,6 663,601 0 0
SCHLUMBERGER LTD COM 806857108 19,913 233,142 SH   DFND 2,3,6 233,142 0 0
SCHLUMBERGER LTD COM 806857108 239 2,795 SH   DFND 3,6 2,795 0 0
SCHLUMBERGER LTD COM 806857108 4,376 51,233 SH   DFND 3,4,6 51,233 0 0
SCHLUMBERGER LTD COM 806857108 30,135 352,830 SH   DFND 5,6 352,830 0 0
SYSCO CORP COM 871829107 2,977 75,000 SH   DFND 2,3,6 75,000 0 0
UNITED CONTL HLDGS INC COM 910047109 33,445 500,000 SH   DFND 0,6 500,000 0 0
UNITED CONTL HLDGS INC COM 910047109 40,134 600,000 SH   DFND 3,6 600,000 0 0
US BANCORP DEL COM NEW 902973304 2,697 60,000 SH   DFND 2,3,6 60,000 0 0
VISA INC COM CL A 92826C839 99,112 378,000 SH   DFND 2,3,6 378,000 0 0
VISA INC COM CL A 92826C839 787 3,000 SH   DFND 3,6 3,000 0 0
VISA INC COM CL A 92826C839 28,055 107,000 SH   DFND 3,4,6 107,000 0 0
VISA INC COM CL A 92826C839 91,770 350,000 SH   DFND 5,6 350,000 0 0
WAL MART STORES INC COM 931142103 37,964 442,062 SH   DFND 2,3,6 442,062 0 0
WAL MART STORES INC COM 931142103 472 5,500 SH   DFND 3,6 5,500 0 0
WAL MART STORES INC COM 931142103 9,285 108,120 SH   DFND 3,4,6 108,120 0 0
WAL MART STORES INC COM 931142103 67,400 784,818 SH   DFND 5,6 784,818 0 0
WELLS FARGO & CO NEW COM 949746101 28,507 520,010 SH   DFND 2,3,6 520,010 0 0
WELLS FARGO & CO NEW COM 949746101 356 6,500 SH   DFND 3,6 6,500 0 0
WELLS FARGO & CO NEW COM 949746101 6,893 125,730 SH   DFND 3,4,6 125,730 0 0
WELLS FARGO & CO NEW COM 949746101 49,572 904,260 SH   DFND 5,6 904,260 0 0
WILLIAMS COS INC DEL COM 969457100 89,880 2,000,000 SH   DFND 3,6 2,000,000 0 0