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
ABERCROMBIE & FITCH CO CL A 002896207 2,369 65,187 SH   SOLE   65,187 0 0
ACTIVISION BLIZZARD INC COM 00507V109 4,936 237,413 SH   SOLE   237,413 0 0
AGNICO EAGLE MINES LTD COM 008474108 10,300 354,800 SH   SOLE   354,800 0 0
AMERICA MOVIL SAB DE CV SPON ADR L SHS 02364W105 3,855 152,983 SH   SOLE   152,983 0 0
AMERICAN CAPITAL AGENCY CORP COM 02503X105 2,382 112,095 SH   SOLE   112,095 0 0
AMERICAN TOWER CORP NEW COM 03027X100 7,975 85,176 SH   SOLE   85,176 0 0
AVAGO TECHNOLOGIES LTD SHS Y0486S104 15,430 177,361 SH   SOLE   177,361 0 0
AVALONBAY CMNTYS INC COM 053484101 6,449 45,748 SH   SOLE   45,748 0 0
AVANIR PHARMACEUTICALS INC CL A NEW 05348P401 1,637 137,353 SH   SOLE   137,353 0 0
BANCO BRADESCO S A SP ADR PFD NEW 059460303 1,025 71,900 SH   SOLE   71,900 0 0
BANK NEW YORK MELLON CORP COM 064058100 3,991 103,052 SH   SOLE   103,052 0 0
BARRICK GOLD CORP COM 067901108 7,475 509,917 SH   SOLE   509,917 0 0
BED BATH & BEYOND INC COM 075896100 8,470 128,667 SH   SOLE   128,667 0 0
BHP BILLITON LTD SPONSORED ADR 088606108 9,263 157,315 SH   SOLE   157,315 0 0
BORGWARNER INC COM 099724106 6,182 117,506 SH   SOLE   117,506 0 0
BROADCOM CORP CL A 111320107 26,808 663,232 SH   SOLE   663,232 0 0
BURGER KING WORLDWIDE INC COM 121220107 2,983 100,587 SH   SOLE   100,587 0 0
CAMERON INTERNATIONAL CORP COM 13342B105 17,182 258,839 SH   SOLE   258,839 0 0
CANADIAN NAT RES LTD COM 136385101 831 21,400 SH   SOLE   21,400 0 0
CARBO CERAMICS INC COM 140781105 7,516 126,892 SH   SOLE   126,892 0 0
CBS CORP NEW CL B 124857202 4,380 81,870 SH   SOLE   81,870 0 0
CHESAPEAKE ENERGY CORP COM 165167107 12,168 529,290 SH   SOLE   529,290 0 0
CHEVRON CORP NEW COM 166764100 12,414 104,043 SH   SOLE   104,043 0 0
CLIFFS NAT RES INC COM 18683K101 186 17,899 SH   SOLE   17,899 0 0
COPA HOLDINGS SA CL A P31076105 1,639 15,275 SH   SOLE   15,275 0 0
CTRIP COM INTL LTD AMERICAN DEP SHS 22943F100 15,512 273,285 SH   SOLE   273,285 0 0
CUMMINS INC COM 231021106 11,113 84,205 SH   SOLE   84,205 0 0
DELPHI AUTOMOTIVE PLC SHS G27823106 9,099 148,332 SH   SOLE   148,332 0 0
DELTA AIR LINES INC DEL COM NEW 247361702 8,981 248,446 SH   SOLE   248,446 0 0
DEVON ENERGY CORP NEW COM 25179M103 5,664 83,069 SH   SOLE   83,069 0 0
DIAMOND OFFSHORE DRILLING IN COM 25271C102 1,984 57,900 SH   SOLE   57,900 0 0
DU PONT E I DE NEMOURS & CO COM 263534109 20,018 278,963 SH   SOLE   278,963 0 0
EATON CORP PLC SHS G29183103 3,403 53,700 SH   SOLE   53,700 0 0
ENERGY XXI BERMUDA LTD USD UNRS SHS G10082140 2,425 213,689 SH   SOLE   213,689 0 0
ENSCO PLC SHS CLASS A G3157S106 18,275 442,385 SH   SOLE   442,385 0 0
F M C CORP COM NEW 302491303 713 12,462 SH   SOLE   12,462 0 0
FORD MTR CO DEL COM PAR $0.01 345370860 13,685 925,300 SH   SOLE   925,300 0 0
FREEPORT-MCMORAN INC CL B 35671D857 20,932 641,112 SH   SOLE   641,112 0 0
GANNETT INC COM 364730101 2,736 92,200 SH   SOLE   92,200 0 0
GOLAR LNG LTD BERMUDA SHS G9456A100 10,644 160,307 SH   SOLE   160,307 0 0
GOLDCORP INC NEW COM 380956409 13,720 595,733 SH   SOLE   595,733 0 0
HCA HOLDINGS INC COM 40412C101 931 13,199 SH   SOLE   13,199 0 0
HERTZ GLOBAL HOLDINGS INC COM 42805T105 6,012 236,794 SH   SOLE   236,794 0 0
HEWLETT PACKARD CO COM 428236103 85,861 2,420,652 SH   SOLE   2,420,652 0 0
INTEL CORP COM 458140100 11,498 330,200 SH   SOLE   330,200 0 0
INVENSENSE INC COM 46123D205 1,366 69,211 SH   SOLE   69,211 0 0
ITAU UNIBANCO HLDG SA SPON ADR REP PFD 465562106 4,247 306,000 SH   SOLE   306,000 0 0
JANUS CAP GROUP INC COM 47102X105 554 38,100 SH   SOLE   38,100 0 0
JOHNSON CTLS INC COM 478366107 1,825 41,469 SH   SOLE   41,469 0 0
KB HOME COM 48666K109 760 50,900 SH   SOLE   50,900 0 0
KEURIG GREEN MTN INC COM 49271M100 31,842 244,692 SH   SOLE   244,692 0 0
LAM RESEARCH CORP COM 512807108 3,711 49,673 SH   SOLE   49,673 0 0
LILLY ELI & CO COM 532457108 4,361 67,252 SH   SOLE   67,252 0 0
MARATHON OIL CORP COM 565849106 1,535 40,828 SH   SOLE   40,828 0 0
MARRIOTT INTL INC NEW CL A 571903202 1,559 22,300 SH   SOLE   22,300 0 0
MELCO CROWN ENTMT LTD ADR 585464100 308 11,700 SH   SOLE   11,700 0 0
MGM RESORTS INTERNATIONAL COM 552953101 4,266 187,289 SH   SOLE   187,289 0 0
MICHAEL KORS HLDGS LTD SHS G60754101 2,088 29,248 SH   SOLE   29,248 0 0
MICRON TECHNOLOGY INC COM 595112103 10,214 298,124 SH   SOLE   298,124 0 0
MICROSOFT CORP COM 594918104 10,312 222,443 SH   SOLE   222,443 0 0
MOBILE TELESYSTEMS OJSC SPONSORED ADR 607409109 862 57,700 SH   SOLE   57,700 0 0
MONDELEZ INTL INC CL A 609207105 4,246 123,907 SH   SOLE   123,907 0 0
MONSTER BEVERAGE CORP COM 611740101 27,478 299,752 SH   SOLE   299,752 0 0
NABORS INDUSTRIES LTD SHS G6359F103 5,835 256,377 SH   SOLE   256,377 0 0
NATIONAL OILWELL VARCO INC COM 637071101 10,151 133,386 SH   SOLE   133,386 0 0
NEWFIELD EXPL CO COM 651290108 1,045 28,192 SH   SOLE   28,192 0 0
NEWMONT MINING CORP COM 651639106 10,068 436,774 SH   SOLE   436,774 0 0
NIKE INC CL B 654106103 1,204 13,501 SH   SOLE   13,501 0 0
NOBLE CORP PLC SHS USD G65431101 1,866 84,000 SH   SOLE   84,000 0 0
NRG ENERGY INC COM NEW 629377508 24,109 790,979 SH   SOLE   790,979 0 0
PALO ALTO NETWORKS INC COM 697435105 5,170 52,701 SH   SOLE   52,701 0 0
PEABODY ENERGY CORP COM 704549104 2,350 189,823 SH   SOLE   189,823 0 0
PHILLIPS 66 COM 718546104 2,675 32,900 SH   SOLE   32,900 0 0
QIHOO 360 TECHNOLOGY CO LTD ADS 74734M109 13,644 202,218 SH   SOLE   202,218 0 0
SALIX PHARMACEUTICALS INC COM 795435106 21,828 139,711 SH   SOLE   139,711 0 0
SCHWAB CHARLES CORP NEW COM 808513105 2,148 73,100 SH   SOLE   73,100 0 0
SEADRILL LIMITED SHS G7945E105 4,659 174,109 SH   SOLE   174,109 0 0
SIGNET JEWELERS LIMITED SHS G81276100 4,540 39,853 SH   SOLE   39,853 0 0
SILVER WHEATON CORP COM 828336107 14,170 710,971 SH   SOLE   710,971 0 0
SOUTHWEST AIRLS CO COM 844741108 728 21,556 SH   SOLE   21,556 0 0
SOUTHWESTERN ENERGY CO COM 845467109 23,289 666,360 SH   SOLE   666,360 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 1,328,016 6,740,514 SH   SOLE   6,740,514 0 0
STEEL DYNAMICS INC COM 858119100 2,452 108,444 SH   SOLE   108,444 0 0
SUNCOR ENERGY INC NEW COM 867224107 10,467 289,537 SH   SOLE   289,537 0 0
TEVA PHARMACEUTICAL INDS LTD ADR 881624209 2,473 46,000 SH   SOLE   46,000 0 0
TRANSOCEAN LTD REG SHS H8817H100 31,342 980,350 SH   SOLE   980,350 0 0
UNITED STATES STL CORP NEW COM 912909108 29,871 762,590 SH   SOLE   762,590 0 0
UNITED THERAPEUTICS CORP DEL COM 91307C102 810 6,300 SH   SOLE   6,300 0 0
VALERO ENERGY CORP NEW COM 91913Y100 4,652 100,544 SH   SOLE   100,544 0 0
WALGREEN CO COM 931422109 4,789 80,799 SH   SOLE   80,799 0 0
WEATHERFORD INTL PLC ORD SHS G48833100 1,476 70,982 SH   SOLE   70,982 0 0
WELLPOINT INC COM 94973V107 1,687 14,100 SH   SOLE   14,100 0 0
WILLIAMS COS INC DEL COM 969457100 12,176 219,977 SH   SOLE   219,977 0 0
ZILLOW INC CL A 98954A107 12,041 103,809 SH   SOLE   103,809 0 0