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 13,939,758 95,100 SH SOLE 95,100 0 0
ALPHABET INC CAP STK CL A 02079K305 1,502,400 4,800 SH SOLE 4,800 0 0
AMERICAN EXPRESS CO COM 025816109 554,925 1,500 SH SOLE 1,500 0 0
ASML HOLDING N V N Y REGISTRY SHS N07059210 1,390,818 1,300 SH SOLE 1,300 0 0
BHP GROUP LTD SPONSORED ADS 088606108 7,051,216 116,800 SH SOLE 116,800 0 0
DUPONT DE NEMOURS INC COM 26614N102 6,391,800 159,000 SH SOLE 159,000 0 0
EXPAND ENERGY CORPORATION COM 165167735 14,059,864 127,400 SH SOLE 127,400 0 0
EXXON MOBIL CORP COM 30231G102 25,175,128 209,200 SH SOLE 209,200 0 0
GENERAL DYNAMICS CORP COM 369550108 22,529,287 66,920 SH SOLE 66,920 0 0
GENERAL MILLS INC CMN COM 370334104 10,211,400 219,600 SH SOLE 219,600 0 0
GSK PLC SPONSORED ADR 37733W204 588,480 12,000 SH SOLE 12,000 0 0
HALLIBURTON CO COM 406216101 565,200 20,000 SH SOLE 20,000 0 0
JPMORGAN CHASE & CO. COM 46625H100 1,611,100 5,000 SH SOLE 5,000 0 0
KENVUE INC. CMN COM 49177J102 6,175,500 358,000 SH SOLE 358,000 0 0
KIMBERLY-CLARK CORP COM 494368103 29,096,676 288,400 SH SOLE 288,400 0 0
KRAFT HEINZ CO COM 500754106 9,430,825 388,900 SH SOLE 388,900 0 0
MONDELEZ INTL INC COM 609207105 21,241,318 394,600 SH SOLE 394,600 0 0
OCCIDENTAL PETE CORP COM 674599105 740,160 18,000 SH SOLE 18,000 0 0
OTIS WORLDWIDE CORP COM 68902V107 952,115 10,900 SH SOLE 10,900 0 0
PROGRESSIVE CORP COM 743315103 6,102,896 26,800 SH SOLE 26,800 0 0
QUALCOMM INC COM 747525103 26,512,750 155,000 SH SOLE 155,000 0 0
RTX CORPORATION COM 75513E101 1,283,800 7,000 SH SOLE 7,000 0 0
RYANAIR HOLDINGS PLC SPONSORED ADR 783513203 2,526,650 35,000 SH SOLE 35,000 0 0
SEALED AIR CORP NEW COM 81211K100 4,957,845 119,668 SH SOLE 119,668 0 0
SLB LIMITED COM STK 806857108 25,618,650 667,500 SH SOLE 667,500 0 0
SMURFIT WESTROCK PLC SHS G8267P108 17,304,825 447,500 SH SOLE 447,500 0 0
SPDR GOLD TR GOLD SHS 78463V107 1,941,919 4,900 SH SOLE 4,900 0 0
YUM CHINA HLDGS INC COM 98850P109 27,884,934 584,100 SH SOLE 584,100 0 0