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 8,743,778 91,100 SH SOLE 91,100 0 0
ALPHABET INC CAP STK CL A 02079K305 1,715,376 4,800 SH SOLE 4,800 0 0
AMCOR PLC COM NEW G0250X149 3,255,585 75,100 SH SOLE 75,100 0 0
AMERICAN EXPRESS CO COM 025816109 26,180,550 77,400 SH SOLE 77,400 0 0
ASML HOLDING N V N Y REGISTRY SHS N07059210 1,989,440 1,000 SH SOLE 1,000 0 0
DIAMONDBACK ENERGY INC COM 25278X109 9,263,606 52,700 SH SOLE 52,700 0 0
DISNEY WALT CO COM 254687106 8,364,125 86,900 SH SOLE 86,900 0 0
DUPONT DE NEMOURS INC COM 26614N201 7,414,761 54,665 SH SOLE 54,665 0 0
EXPAND ENERGY CORPORATION COM 165167735 23,007,237 252,300 SH SOLE 252,300 0 0
EXXON MOBIL CORP COM 30231G102 14,218,880 104,000 SH SOLE 104,000 0 0
FLUOR CORP COM 343412102 5,658,120 108,000 SH SOLE 108,000 0 0
GENERAL DYNAMICS CORP COM 369550108 29,090,189 82,120 SH SOLE 82,120 0 0
HALLIBURTON CO COM 406216101 679,000 20,000 SH SOLE 20,000 0 0
HARLEY DAVIDSON INC COM 412822108 4,598,480 188,000 SH SOLE 188,000 0 0
JPMORGAN CHASE & CO. COM 46625H100 1,636,650 5,000 SH SOLE 5,000 0 0
KENVUE INC COM 49177J102 11,599,770 607,000 SH SOLE 607,000 0 0
KIMBERLY-CLARK CORP COM 494368103 27,190,029 247,700 SH SOLE 247,700 0 0
KRAFT HEINZ CO COM 500754106 661,360 28,000 SH SOLE 28,000 0 0
L3HARRIS TECHNOLOGIES INC COM 502431109 726,475 2,500 SH SOLE 2,500 0 0
META PLATFORMS INC CL A 30303M102 487,246 865 SH SOLE 865 0 0
MICROSOFT CORP COM 594918104 23,380,894 62,680 SH SOLE 62,680 0 0
MONDELEZ INTL INC COM 609207105 25,200,888 435,700 SH SOLE 435,700 0 0
OCCIDENTAL PETE CORP COM 674599105 3,365,901 69,300 SH SOLE 69,300 0 0
OTIS WORLDWIDE CORP COM 68902V107 7,038,280 98,300 SH SOLE 98,300 0 0
PEPSICO INC COM 713448108 18,306,080 135,200 SH SOLE 135,200 0 0
PERSHING SQUARE USA LTD COM SHS 71531T105 5,259,366 140,700 SH SOLE 140,700 0 0
PROGRESSIVE CORP COM 743315103 13,543,900 62,000 SH SOLE 62,000 0 0
RTX CORPORATION COM 75513E101 1,328,110 7,000 SH SOLE 7,000 0 0
SLB LIMITED COM STK 806857108 7,322,175 157,500 SH SOLE 157,500 0 0
SMUCKER J M CO COM NEW 832696405 10,811,250 96,100 SH SOLE 96,100 0 0
SMURFIT WESTROCK PLC SHS G8267P108 39,043,440 844,000 SH SOLE 844,000 0 0
SPDR GOLD TR GOLD SHS 78463V107 2,394,470 6,500 SH SOLE 6,500 0 0
UNILEVER PLC SPON ADR NEW 904767803 27,631,152 459,600 SH SOLE 459,600 0 0
YUM CHINA HLDGS INC COM 98850P109 23,872,167 584,100 SH SOLE 584,100 0 0