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
Expires: July 31, 2015
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
ALIBABA GROUP HLDG LTD SPONSORED ADS 01609W102 12,575,073 95,100 SH SOLE 95,100 0 0
ALPHABET INC CAP STK CL A 02079K305 20,087,736 129,900 SH SOLE 129,900 0 0
AMERICAN EXPRESS CO COM 025816109 403,575 1,500 SH SOLE 1,500 0 0
BARRICK GOLD CORP COM 067901108 25,645,248 1,319,200 SH SOLE 1,319,200 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 247,650 465 SH SOLE 465 0 0
BHP GROUP LTD SPONSORED ADS 088606108 4,460,826 91,900 SH SOLE 91,900 0 0
EXPAND ENERGY CORP CMN COM 165167735 8,504,848 76,400 SH SOLE 76,400 0 0
EXXON MOBIL CORP COM 30231G102 14,580,818 122,600 SH SOLE 122,600 0 0
GENERAL DYNAMICS CORP COM 369550108 21,212,175 77,820 SH SOLE 77,820 0 0
GSK PLC SPONSORED ADR 37733W204 464,880 12,000 SH SOLE 12,000 0 0
HALLIBURTON CO COM 406216101 507,400 20,000 SH SOLE 20,000 0 0
INTEL CORP COM 458140100 567,750 25,000 SH SOLE 25,000 0 0
JPMORGAN CHASE & CO. COM 46625H100 1,226,500 5,000 SH SOLE 5,000 0 0
KIMBERLY-CLARK CORP COM 494368103 22,925,864 161,200 SH SOLE 161,200 0 0
KRAFT HEINZ CO COM 500754106 6,116,430 201,000 SH SOLE 201,000 0 0
MONDELEZ INTL INC COM 609207105 7,470,285 110,100 SH SOLE 110,100 0 0
OCCIDENTAL PETE CORP COM 674599105 6,105,832 123,700 SH SOLE 123,700 0 0
OTIS WORLDWIDE CORP COM 68902V107 928,800 9,000 SH SOLE 9,000 0 0
PULTE GROUP INC COM 745867101 6,784,800 66,000 SH SOLE 66,000 0 0
QUALCOMM INC COM 747525103 22,795,724 148,400 SH SOLE 148,400 0 0
RTX CORPORATION COM 75513E101 927,220 7,000 SH SOLE 7,000 0 0
RYANAIR HOLDINGS PLC SPONSORED ADR 783513203 11,461,085 270,500 SH SOLE 270,500 0 0
SPDR GOLD TR GOLD SHS 78463V107 1,411,886 4,900 SH SOLE 4,900 0 0
SCHLUMBERGER LTD COM STK 806857108 25,226,300 603,500 SH SOLE 603,500 0 0
SEALED AIR CORP NEW COM 81211K100 6,360,890 220,100 SH SOLE 220,100 0 0
TEMPLETON EMERGING MKTS FD COM 880191101 268,038 20,859 SH SOLE 20,859 0 0
TOLL BROTHERS INC COM 889478103 12,364,589 117,100 SH SOLE 117,100 0 0
YUM CHINA HLDGS INC COM 98850P109 20,537,670 394,500 SH SOLE 394,500 0 0
ASML HOLDING N V N Y REGISTRY SHS N07059210 5,433,566 8,200 SH SOLE 8,200 0 0