Preheat oven to 350.

In a large mixer bowl add cake mix, vanilla pudding, water, eggs and oil.

With electric mixer, beat for 2 minutes a medium speed.

Fold in the chopped nuts and coconut.

Pour the batter into 1 9x13 pan that has been sprayed with non-stick cooking spray or lightly greased and floured.

Bake for 45 minutes or until toothpick inserted off center comes out clean.

Cool completely before frosting.

FROSTING:

In a medium sized mixer bowl, blend the butter and cream cheese.

Add the confectioners'''' sugar and enough cream to make it a smooth spreading consistency.

Frost cake with frosting and sprinkle with coconut.