| Fund Name: | Hbk Investments |
| Manager | David Costen Haley |
| Portfolio Value | $4,256,811,000 |
| Change This QTR | +0.92% |
| No. | Security | Ticker | Shares | Value (x$1000) | Activity | % Port |
|---|---|---|---|---|---|---|
| 1.) | Spdr Gold TrustCALL |
GLD | 2,000,000 | $303,980 |  |
7.14% |
| 2.) | ACL | 1,741,685 | $284,591 | |
6.68% | |
| 3.) | SPY | 2,000,000 | $251,000 | -86% |
5.89% | |
| 4.) | VRUS | 1,900,000 | $243,580 | |
5.72% | |
| 5.) | MFE | 4,600,000 | $213,026 | +31% |
5% | |
| 6.) | SPY | 1,600,000 | $200,800 | |
4.71% | |
| 7.) | HS | 3,350,000 | $182,709 | |
4.29% | |
| 8.) | BUCY | 2,003,600 | $179,122 | |
4.2% | |
| 9.) | X | 120,000,000 | $132,438 |  |
3.11% | |
| 10.) | Virgin Media IncBOND |
VMED | 77,880,000 | $107,704 | +23% |
2.53% |
| 11.) | CRM | 75,000,000 | $102,371 | +15% |
2.4% | |
| 12.) | UAL | 33,029,000 | $75,827 | |
1.78% | |
| 13.) | D R Horton IncBOND |
DHI | 58,029,000 | $67,751 | +1% |
1.59% |
| 14.) | E M C Corp MaBOND |
EMC | 44,500,000 | $64,008 | |
1.5% |
| 15.) | F | 25,000,000 | $60,000 | |
1.4% | |
| 16.) | DBA | 1,700,000 | $49,096 | |
1.15% | |
| 17.) | Ishares IncPUTPUT |
770,000 | $44,190 | |
1.03% | |
| 18.) | SYY | 1,415,016 | $41,502 | |
0.97% | |
| 19.) | Sysco CorpPUT |
SYY | 1,400,000 | $41,062 | |
0.96% |
| 20.) | SUN | 900,200 | $36,926 | -18% |
0.86% |
