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 3,073 14,000 SH   DFND 1 14,000 0 0
ABBVIE INC COM 00287Y109 2,272 24,000 SH   DFND 1 24,000 0 0
ALPHABET INC CAP STK CL A 02079K305 4,771 4,600 SH   DFND 1 4,600 0 0
AMAZON COM INC COM 023135106 8,785 6,070 SH   DFND 1 6,070 0 0
APPLE INC COM 037833100 8,255 49,200 SH   DFND 1 49,200 0 0
AT&T INC COM 00206R102 1,604 45,000 SH   DFND 1 45,000 0 0
AUTOZONE INC COM 053332102 1,622 2,500 SH   DFND 1 2,500 0 0
BANK AMER CORP COM 060505104 3,749 125,000 SH   DFND 1 125,000 0 0
BECTON DICKINSON & CO COM 075887109 4,616 21,300 SH   DFND 1 21,300 0 0
BLACKROCK INC COM 09247X101 4,144 7,650 SH   DFND 1 7,650 0 0
CHEVRON CORP NEW COM 166764100 3,262 28,600 SH   DFND 1 28,600 0 0
CITIGROUP INC COM NEW 172967424 3,038 45,000 SH   DFND 1 45,000 0 0
COCA COLA CO COM 191216100 3,023 69,600 SH   DFND 1 69,600 0 0
CVS HEALTH CORP COM 126650100 1,350 21,700 SH   DFND 1 21,700 0 0
DISNEY WALT CO COM DISNEY 254687106 2,842 28,300 SH   DFND 1 28,300 0 0
DOLLAR GEN CORP NEW COM 256677105 1,544 16,500 SH   DFND 1 16,500 0 0
DOWDUPONT INC COM 26078J100 2,058 32,306 SH   DFND 1 32,306 0 0
EATON CORP PLC SHS G29183103 1,638 20,500 SH   DFND 1 20,500 0 0
EMERSON ELEC CO COM 291011104 2,370 34,700 SH   DFND 1 34,700 0 0
EXPRESS SCRIPTS HLDG CO COM 30219G108 1,250 18,100 SH   DFND 1 18,100 0 0
EXXON MOBIL CORP COM 30231G102 3,604 48,300 SH   DFND 1 48,300 0 0
FACEBOOK INC CL A 30303M102 4,442 27,800 SH   DFND 1 27,800 0 0
FEDEX CORP COM 31428X106 3,362 14,000 SH   DFND 1 14,000 0 0
GILEAD SCIENCES INC COM 375558103 1,847 24,500 SH   DFND 1 24,500 0 0
GOLDMAN SACHS GROUP INC COM 38141G104 2,292 9,100 SH   DFND 1 9,100 0 0
HONEYWELL INTL INC COM 438516106 3,049 21,100 SH   DFND 1 21,100 0 0
INTUIT COM 461202103 3,120 18,000 SH   DFND 1 18,000 0 0
ISHARES TR CORE S&P 500 ETF 464287200 1,289,894 4,860,737 SH   SOLE   4,860,737 0 0
ISHARES TR IBOXX INV CP ETF 464287242 617,025 5,256,200 SH   SOLE   5,256,200 0 0
ISHARES TR RUS 1000 ETF 464287622 154,790 1,054,000 SH   SOLE   1,054,000 0 0
JOHNSON & JOHNSON COM 478160104 4,088 31,900 SH   DFND 1 31,900 0 0
JPMORGAN CHASE & CO COM 46625H100 5,619 51,100 SH   DFND 1 51,100 0 0
MASTERCARD INCORPORATED CL A 57636Q104 5,780 33,000 SH   DFND 1 33,000 0 0
MERCK & CO INC COM 58933Y105 2,609 47,900 SH   DFND 1 47,900 0 0
MICROSOFT CORP COM 594918104 7,393 81,000 SH   DFND 1 81,000 0 0
NETFLIX INC COM 64110L106 2,983 10,100 SH   DFND 1 10,100 0 0
NIKE INC CL B 654106103 3,754 56,500 SH   DFND 1 56,500 0 0
NORFOLK SOUTHERN CORP COM 655844108 1,358 10,000 SH   DFND 1 10,000 0 0
PEPSICO INC COM 713448108 2,871 26,300 SH   DFND 1 26,300 0 0
PIONEER NAT RES CO COM 723787107 1,890 11,000 SH   DFND 1 11,000 0 0
POWERSHARES QQQ TRUST UNIT SER 1 73935A104 83,908 524,000 SH   SOLE   524,000 0 0
PRAXAIR INC COM 74005P104 1,284 8,900 SH   DFND 1 8,900 0 0
PROCTER AND GAMBLE CO COM 742718109 1,895 23,900 SH   DFND 1 23,900 0 0
SELECT SECTOR SPDR TR SBI INT-FINL 81369Y605 49,598 1,799,000 SH   SOLE   1,799,000 0 0
SELECT SECTOR SPDR TR SBI INT-INDS 81369Y704 90,634 1,220,000 SH   SOLE   1,220,000 0 0
SELECT SECTOR SPDR TR TECHNOLOGY 81369Y803 107,093 1,637,000 SH   SOLE   1,637,000 0 0
SELECT SECTOR SPDR TR SBI CONS DISCR 81369Y407 32,210 318,000 SH   SOLE   318,000 0 0
SELECT SECTOR SPDR TR SBI MATERIALS 81369Y100 21,239 373,000 SH   SOLE   373,000 0 0
SELECT SECTOR SPDR TR SBI INT-UTILS 81369Y886 4,295 85,000 SH   DFND 1 85,000 0 0
SELECT SECTOR SPDR TR RL EST SEL SEC 81369Y860 2,564 82,500 SH   DFND 1 82,500 0 0
SPDR DOW JONES INDL AVRG ETF UT SER 1 78467X109 85,544 354,365 SH   SOLE   354,365 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 1,232,287 4,682,832 SH   SOLE   4,682,832 0 0
THERMO FISHER SCIENTIFIC INC COM 883556102 3,427 16,600 SH   DFND 1 16,600 0 0
TRAVELERS COMPANIES INC COM 89417E109 4,346 31,300 SH   DFND 1 31,300 0 0
UNITED TECHNOLOGIES CORP COM 913017109 2,265 18,000 SH   DFND 1 18,000 0 0
VANGUARD INDEX FDS S&P 500 ETF SHS 922908363 1,494,517 6,173,650 SH   SOLE   6,173,650 0 0
VANGUARD INDEX FDS LARGE CAP ETF 922908637 585,566 4,831,000 SH   SOLE   4,831,000 0 0
VERIZON COMMUNICATIONS INC COM 92343V104 1,439 30,100 SH   DFND 1 30,100 0 0
VISA INC COM CL A 92826C839 5,694 47,600 SH   DFND 1 47,600 0 0