0001533964-17-000002.txt : 20170203 0001533964-17-000002.hdr.sgml : 20170203 20170203133231 ACCESSION NUMBER: 0001533964-17-000002 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20161231 FILED AS OF DATE: 20170203 DATE AS OF CHANGE: 20170203 EFFECTIVENESS DATE: 20170203 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Virtu Financial LLC CENTRAL INDEX KEY: 0001533964 IRS NUMBER: 452298174 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-14585 FILM NUMBER: 17571343 BUSINESS ADDRESS: STREET 1: 900 3RD AVENUE STREET 2: 29TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 212-418-0100 MAIL ADDRESS: STREET 1: 900 3RD AVENUE STREET 2: 29TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 13F-HR 1 primary_doc.xml 13F-HR LIVE false true false 0001533964 XXXXXXXX 12-31-2016 12-31-2016 Virtu Financial LLC
900 3RD AVENUE NEW YORK NY 10022
13F HOLDINGS REPORT 028-14585 N
Venu Palaparthi Senior Vice President 212-418-0143 Venu Palaparthi, Senior Vice President New York NY 02-03-2017 2 437 939654 false 1 28-12744 VIRTU FINANCIAL CAPITAL MARKETS 2 28-13648 Virtu Financial BD LLC
INFORMATION TABLE 2 form13fInfoTable.xml DESCRIPTION FOR INFORMATION TABLE AFLAC INC COM 001055102 967 13893 SH DFND 2 13893 0 0 AES CORP COM 00130H105 222 19100 SH DFND 2 19100 0 0 AT T INC COM 00206R102 1347 31663 SH DFND 2 31663 0 0 ABBOTT LABS COM 002824100 678 17661 SH DFND 2 17661 0 0 ABBVIE INC COM 00287Y109 629 10049 SH DFND 2 10049 0 0 AETNA INC NEW COM 00817Y108 460 3708 SH DFND 2 3708 0 0 AFFILIATED MANAGERS GROUP COM 008252108 262 1800 SH DFND 2 1800 0 0 ALLIANT ENERGY CORP COM 018802108 503 13285 SH DFND 2 13285 0 0 ALLSTATE CORP COM 020002101 879 11854 SH DFND 2 11854 0 0 ALPHABET INC CAP STK CL C 02079K107 1173 1520 SH DFND 2 1520 0 0 ALTRIA GROUP INC COM 02209S103 1380 20413 SH DFND 2 20413 0 0 AMBEV SA SPONSORED ADR 02319V103 118 24100 SH DFND 2 24100 0 0 AMEREN CORP COM 023608102 481 9169 SH DFND 2 9169 0 0 AMERICAN ELEC PWR INC COM 025537101 1316 20904 SH DFND 2 20904 0 0 AMERICAN EXPRESS CO COM 025816109 1687 22777 SH DFND 2 22777 0 0 AMERICAN INTL GROUP INC COM NEW 026874784 1833 28060 SH DFND 2 28060 0 0 AMERICAN WTR WKS CO INC NEW COM 030420103 498 6887 SH DFND 2 6887 0 0 AMERISOURCEBERGEN CORP COM 03073E105 204 2603 SH DFND 2 2603 0 0 AMERIPRISE FINL INC COM 03076C106 534 4815 SH DFND 2 4815 0 0 AMGEN INC COM 031162100 388 2653 SH DFND 2 2653 0 0 ANNALY CAP MGMT INC COM 035710409 152 15244 SH DFND 2 15244 0 0 ANTERO MIDSTREAM PARTNERS LP UNT LTD PARTN 03673L103 219 7102 SH DFND 2 7102 0 0 ANTHEM INC COM 036752103 348 2422 SH DFND 2 2422 0 0 ARCHER DANIELS MIDLAND CO COM 039483102 227 4978 SH DFND 2 4978 0 0 AUTOMATIC DATA PROCESSING IN COM 053015103 273 2653 SH DFND 2 2653 0 0 AVALONBAY CMNTYS INC COM 053484101 550 3102 SH DFND 2 3102 0 0 BB T CORP COM 054937107 705 14991 SH DFND 2 14991 0 0 BAKER HUGHES INC COM 057224107 833 12821 SH DFND 2 12821 0 0 BANCO SANTANDER BRASIL S A ADS REP 1 UNIT 05967A107 358 40300 SH DFND 2 40300 0 0 BANK AMER CORP COM 060505104 5831 263840 SH DFND 2 263840 0 0 BANK NEW YORK MELLON CORP COM 064058100 925 19520 SH DFND 2 19520 0 0 BARD C R INC COM 067383109 329 1464 SH DFND 2 1464 0 0 BARCLAYS BK PLC IPSP CROIL ETN 06738C786 1924 303946 SH DFND 2 303946 0 0 BARCLAYS BANK PLC ETN DJUBS AGRI37 06739H206 477 13654 SH DFND 2 13654 0 0 BARCLAYS BANK PLC ETN DJUBS SGAR38 06739H214 741 17076 SH DFND 2 17076 0 0 BAXTER INTL INC COM 071813109 244 5495 SH DFND 2 5495 0 0 BECTON DICKINSON CO COM 075887109 570 3442 SH DFND 2 3442 0 0 BERKSHIRE HATHAWAY INC DEL CL A 084670108 16112 66 SH DFND 2 66 0 0 BLACKROCK INC COM 09247X101 1448 3806 SH DFND 2 3806 0 0 BOARDWALK PIPELINE PARTNERS UT LTD PARTNER 096627104 265 15264 SH DFND 2 15264 0 0 BOSTON PROPERTIES INC COM 101121101 363 2885 SH DFND 2 2885 0 0 BOSTON SCIENTIFIC CORP COM 101137107 282 13039 SH DFND 2 13039 0 0 BRISTOL MYERS SQUIBB CO COM 110122108 1046 17897 SH DFND 2 17897 0 0 BUCKEYE PARTNERS L P UNIT LTD PARTN 118230101 1067 16128 SH DFND 2 16128 0 0 CIGNA CORPORATION COM 125509109 351 2635 SH DFND 2 2635 0 0 CME GROUP INC COM 12572Q105 1430 12400 SH DFND 2 12400 0 0 CMS ENERGY CORP COM 125896100 577 13870 SH DFND 2 13870 0 0 CVS HEALTH CORP COM 126650100 396 5020 SH DFND 2 5020 0 0 CAPITAL ONE FINL CORP COM 14040H105 1166 13370 SH DFND 2 13370 0 0 CARDINAL HEALTH INC COM 14149Y108 213 2955 SH DFND 2 2955 0 0 CATERPILLAR INC DEL COM 149123101 379 4085 SH DFND 2 4085 0 0 CELGENE CORP COM 151020104 227 1965 SH DFND 2 1965 0 0 CENTERPOINT ENERGY INC COM 15189T107 420 17043 SH DFND 2 17043 0 0 CENTRAIS ELETRICAS BRASILEIR SPON ADR PFD B 15234Q108 237 30134 SH DFND 2 30134 0 0 CENTURYLINK INC COM 156700106 202 8511 SH DFND 2 8511 0 0 CHEVRON CORP NEW COM 166764100 3810 32373 SH DFND 2 32373 0 0 CINCINNATI FINL CORP COM 172062101 619 8166 SH DFND 2 8166 0 0 CISCO SYS INC COM 17275R102 378 12501 SH DFND 2 12501 0 0 CITIGROUP INC COM NEW 172967424 5690 95751 SH DFND 2 95751 0 0 CITIGROUP GLOBAL MKTS HLDGS LEVERAGD ETN S P 17325E291 643 23242 SH DFND 2 23242 0 0 CLOROX CO DEL COM 189054109 314 2615 SH DFND 2 2615 0 0 COCA COLA CO COM 191216100 1577 38041 SH DFND 2 38041 0 0 COLGATE PALMOLIVE CO COM 194162103 423 6469 SH DFND 2 6469 0 0 COMPANHIA BRASILEIRA DE DIST SPN ADR PFD CL A 20440T201 455 27500 SH DFND 2 27500 0 0 COMPANHIA SIDERURGICA NACION SPONSORED ADR 20440W105 181 55889 SH DFND 2 55889 0 0 CONSOLIDATED EDISON INC COM 209115104 989 13429 SH DFND 2 13429 0 0 CONSTELLATION BRANDS INC CL A 21036P108 230 1499 SH DFND 2 1499 0 0 COSTCO WHSL CORP NEW COM 22160K105 396 2476 SH DFND 2 2476 0 0 CREDIT SUISSE AG NASSAU BRH EXCH TRAD SPVXSP 22539T100 108 14427 SH DFND 2 14427 0 0 CREDIT SUISSE AG NASSAU BRH VEL SH 3X LG NAT 22539T324 2559 55411 SH DFND 2 55411 0 0 CREDIT SUISSE AG NASSAU BRH NT BCOMCL 36 22539T332 2149 62911 SH DFND 2 62911 0 0 CREDIT SUISSE NASSAU BRH VS 3XLNGNATGAS 22542D530 9542 3149126 SH DFND 2 3149126 0 0 CREDIT SUISSE NASSAU BRH 3X INVERS SILV 22542D654 513 15981 SH DFND 2 15981 0 0 CREDIT SUISSE NASSAU BRH VIX MID TERM 22542D787 220 18235 SH DFND 2 18235 0 0 CREDIT SUISSE NASSAU BRH INVRS VIX STERM 22542D795 8892 190203 SH DFND 2 190203 0 0 CURRENCYSHS BRIT POUND STER BRIT POUND STE 23129S106 1712 14235 SH DFND 2 14235 0 0 CURRENCYSHARES AUSTRALIAN DL AUSTRALIAN DOL 23129U101 2442 33828 SH DFND 2 33828 0 0 CURRENCYSHARES CDN DLR TR CDN DOLLAR SHS 23129X105 841 11425 SH DFND 2 11425 0 0 CURRENCYSHARES EURO TR EURO SHS 23130C108 4020 39311 SH DFND 2 39311 0 0 DBX ETF TR DBXTR HAR CS 300 233051879 447 19045 SH DFND 2 19045 0 0 DCP MIDSTREAM PARTNERS LP COM UT LTD PTN 23311P100 390 10162 SH DFND 2 10162 0 0 DTE ENERGY CO COM 233331107 861 8744 SH DFND 2 8744 0 0 DANAHER CORP DEL COM 235851102 576 7398 SH DFND 2 7398 0 0 DEUTSCHE BK AG LDN BRH DB GOLD SHORT 25154H731 1211 78888 SH DFND 2 78888 0 0 DEUTSCHE BK AG LDN BRH DB GOLD DBL LNG 25154H749 6083 302353 SH DFND 2 302353 0 0 DEUTSCHE BK AG LDN BRH GOLD DOUBLE SHOR 25154H756 5771 841828 SH DFND 2 841828 0 0 DEUTSCHE BK AG LONDON BRH DB CRUDE OIL DBL 25154K809 1383 13179 SH DFND 2 13179 0 0 DIGITAL RLTY TR INC COM 253868103 297 3020 SH DFND 2 3020 0 0 DIREXION SHS ETF TR DLY TECH BULL 3X 25459W102 504 10100 SH DFND 2 10100 0 0 DIREXION SHS ETF TR DLY R/E BULL3X 25459W755 1497 69847 SH DFND 2 69847 0 0 DIREXION SHS ETF TR DLY DEV MKT BULL 25459W789 354 7855 SH DFND 2 7855 0 0 DIREXION SHS ETF TR DLY ENRGY BULL3X 25459W888 290 7270 SH DFND 2 7270 0 0 DIREXION SHS ETF TR 7-10YR TR BEAR 25459Y108 432 14934 SH DFND 2 14934 0 0 DIREXION SHS ETF TR DLY S P500 2XS 25459Y165 593 15971 SH DFND 2 15971 0 0 DIREXION SHS ETF TR SML CP BULL 2X 25459Y181 1641 41395 SH DFND 2 41395 0 0 DIREXION SHS ETF TR DLY FTS BUL 3X 25459Y280 254 12700 SH DFND 2 12700 0 0 DIREXION SHS ETF TR DLY DEV MKT BEAR 25459Y355 899 36882 SH DFND 2 36882 0 0 DIREXION SHS ETF TR DLY S P 500 BEAR 25459Y371 5488 508188 SH DFND 2 508188 0 0 DIREXION SHS ETF TR DLY ENERBR3X NEW 25459Y454 1082 113523 SH DFND 2 113523 0 0 DIREXION SHS ETF TR HEALTHCARE BUL 25459Y876 1251 45363 SH DFND 2 45363 0 0 DISCOVER FINL SVCS COM 254709108 816 11325 SH DFND 2 11325 0 0 DIREXION SHS ETF TR DAILY NAT GAS RE 25490K117 526 22891 SH DFND 2 22891 0 0 DIREXION SHS ETF TR DAILY S P OIL 25490K125 648 49709 SH DFND 2 49709 0 0 DIREXION SHS ETF TR DAILY GOLD MINER 25490K133 3869 79984 SH DFND 2 79984 0 0 DIREXION SHS ETF TR DAILY JR GOLD MI 25490K141 6130 174701 SH DFND 2 174701 0 0 DIREXION SHS ETF TR DLY EMG MK BL 3X 25490K281 1518 28719 SH DFND 2 28719 0 0 DIREXION SHS ETF TR DAILY HEALTHCARE 25490K372 1229 34205 SH DFND 2 34205 0 0 DIREXION SHS ETF TR DAILY SM CAP BEA 25490K521 6025 303509 SH DFND 2 303509 0 0 DIREXION SHS ETF TR DAILY FINL BEAR 25490K539 1404 64634 SH DFND 2 64634 0 0 DIREXION SHS ETF TR SP BIOTCH BR3X 25490K745 1216 64145 SH DFND 2 64145 0 0 DIREXION SHS ETF TR FTSE CHIN BEAR 25490K836 883 52241 SH DFND 2 52241 0 0 DOMINION RES INC VA NEW COM 25746U109 1734 22638 SH DFND 2 22638 0 0 DR PEPPER SNAPPLE GROUP INC COM 26138E109 245 2700 SH DFND 2 2700 0 0 DUKE ENERGY CORP NEW COM NEW 26441C204 1865 24027 SH DFND 2 24027 0 0 EOG RES INC COM 26875P101 396 3913 SH DFND 2 3913 0 0 EQT MIDSTREAM PARTNERS LP UNIT LTD PARTN 26885B100 617 8048 SH DFND 2 8048 0 0 ETFS PLATINUM TR SH BEN INT 26922V101 3041 35194 SH DFND 2 35194 0 0 ETFS GOLD TR SHS 26922Y105 2160 19330 SH DFND 2 19330 0 0 ETFS PALLADIUM TR SH BEN INT 26923A106 614 9422 SH DFND 2 9422 0 0 E TRADE FINANCIAL CORP COM NEW 269246401 297 8574 SH DFND 2 8574 0 0 EDISON INTL COM 281020107 905 12565 SH DFND 2 12565 0 0 EMERSON ELEC CO COM 291011104 454 8148 SH DFND 2 8148 0 0 ENBRIDGE INC COM 29250N105 206 4897 SH DFND 2 4897 0 0 ENBRIDGE ENERGY PARTNERS L P COM 29250R106 633 24851 SH DFND 2 24851 0 0 ENBRIDGE ENERGY MANAGEMENT L SHS UNITS LLI 29250X103 311 12000 SH DFND 2 12000 0 0 ENERGY TRANSFER PRTNRS L P UNIT LTD PARTN 29273R109 1286 35916 SH DFND 2 35916 0 0 ENLINK MIDSTREAM PARTNERS LP COM UNIT REP LTD 29336U107 334 18119 SH DFND 2 18119 0 0 ENTERGY CORP NEW COM 29364G103 729 9929 SH DFND 2 9929 0 0 ENTERPRISE PRODS PARTNERS L COM 293792107 2106 77902 SH DFND 2 77902 0 0 EQUINIX INC COM PAR $0.001 29444U700 402 1125 SH DFND 2 1125 0 0 EQUITY RESIDENTIAL SH BEN INT 29476L107 432 6706 SH DFND 2 6706 0 0 ESSEX PPTY TR INC COM 297178105 372 1602 SH DFND 2 1602 0 0 EVERSOURCE ENERGY COM 30040W108 785 14208 SH DFND 2 14208 0 0 EXELON CORP COM 30161N101 1141 32136 SH DFND 2 32136 0 0 EXPRESS SCRIPTS HLDG CO COM 30219G108 442 6432 SH DFND 2 6432 0 0 EXXON MOBIL CORP COM 30231G102 4546 50361 SH DFND 2 50361 0 0 FMC TECHNOLOGIES INC COM 30249U101 494 13898 SH DFND 2 13898 0 0 FEDERAL REALTY INVT TR SH BEN INT NEW 313747206 329 2313 SH DFND 2 2313 0 0 FIRST TR EXCHANGE TRADED FD DJ INTERNT IDX 33733E302 295 3701 SH DFND 2 3701 0 0 FIRST TR EXCHANGE TRADED FD NAT GAS ETF 33733E807 1519 58061 SH DFND 2 58061 0 0 FIRST TR EXCHANGE TRADED FD CONSUMR DISCRE 33734X101 1911 53840 SH DFND 2 53840 0 0 FIRST TR EXCHANGE TRADED FD ENERGY ALPHADX 33734X127 646 39132 SH DFND 2 39132 0 0 FIRST TR NASDAQ ABA CMNTY BK UT COM SHS ETF 33736Q104 1617 30545 SH DFND 2 30545 0 0 FIRST TR EXCHANGE TRADED FD DORSEY WRT 5 ETF 33738R605 1210 52289 SH DFND 2 52289 0 0 FIRST TR EXCHANGE TRADED FD RBA INDL ETF 33738R704 350 14808 SH DFND 2 14808 0 0 FIRSTENERGY CORP COM 337932107 560 18079 SH DFND 2 18079 0 0 FOMENTO ECONOMICO MEXICANO S SPON ADR UNITS 344419106 1074 14091 SH DFND 2 14091 0 0 FRANKLIN RES INC COM 354613101 520 13133 SH DFND 2 13133 0 0 FRONTIER COMMUNICATIONS CORP COM 35906A108 141 41739 SH DFND 2 41739 0 0 GAFISA S A SPONS ADR 362607301 85 76650 SH DFND 2 76650 0 0 GALLAGHER ARTHUR J CO COM 363576109 529 10185 SH DFND 2 10185 0 0 GENERAL ELECTRIC CO COM 369604103 339 10728 SH DFND 2 10728 0 0 GENERAL GROWTH PPTYS INC NEW COM 370023103 232 9274 SH DFND 2 9274 0 0 GENERAL MLS INC COM 370334104 506 8187 SH DFND 2 8187 0 0 GENESIS ENERGY L P UNIT LTD PARTN 371927104 414 11493 SH DFND 2 11493 0 0 GENUINE PARTS CO COM 372460105 287 3005 SH DFND 2 3005 0 0 GERDAU S A SPON ADR REP PFD 373737105 162 51720 SH DFND 2 51720 0 0 GILEAD SCIENCES INC COM 375558103 367 5121 SH DFND 2 5121 0 0 GLOBALSTAR INC COM 378973408 51 32450 SH DFND 2 32450 0 0 GOL LINHAS AEREAS INTLG S A SPON ADR PFD NEW 38045R206 342 25135 SH DFND 2 25135 0 0 GOLDMAN SACHS GROUP INC COM 38141G104 2556 10675 SH DFND 2 10675 0 0 GROUPON INC COM 399473107 34 10225 SH DFND 2 10225 0 0 GRUPO SIMEC S A B DE C V ADR 400491106 183 12709 SH DFND 2 12709 0 0 GRUPO TELEVISA SA SPON ADR REP ORD 40049J206 1117 53467 SH DFND 2 53467 0 0 GRUPO AEROPORTUARIO DEL SURE SPON ADR SER B 40051E202 300 2085 SH DFND 2 2085 0 0 GRUPO FINANCIERO SANTANDER M SPON ADR SHS B 40053C105 77 10746 SH DFND 2 10746 0 0 HCP INC COM 40414L109 362 12182 SH DFND 2 12182 0 0 HALLIBURTON CO COM 406216101 1607 29701 SH DFND 2 29701 0 0 HARTFORD FINL SVCS GROUP INC COM 416515104 548 11491 SH DFND 2 11491 0 0 HELMERICH PAYNE INC COM 423452101 594 7676 SH DFND 2 7676 0 0 HILTON WORLDWIDE HLDGS INC COM 43300A104 9201 338266 SH DFND 2 338266 0 0 HOST HOTELS RESORTS INC COM 44107P104 223 11830 SH DFND 2 11830 0 0 HUMANA INC COM 444859102 321 1572 SH DFND 2 1572 0 0 INTERCONTINENTAL EXCHANGE IN COM 45866F104 983 17430 SH DFND 2 17430 0 0 INTERNATIONAL BUSINESS MACHS COM 459200101 532 3205 SH DFND 2 3205 0 0 INTUITIVE SURGICAL INC COM NEW 46120E602 356 562 SH DFND 2 562 0 0 ISHARES MSCI CDA ETF 464286509 804 30742 SH DFND 2 30742 0 0 ISHARES MSCI MEX CAP ETF 464286822 537 12220 SH DFND 2 12220 0 0 ISHARES TR CHINA LG-CAP ETF 464287184 232 6696 SH DFND 2 6696 0 0 ISHARES TR TRANS AVG ETF 464287192 583 3582 SH DFND 2 3582 0 0 ISHARES TR 20 YR TR BD ETF 464287432 15272 128197 SH DFND 2 128197 0 0 ISHARES TR 7-10 Y TR BD ETF 464287440 436 4158 SH DFND 2 4158 0 0 ISHARES TR MSCI EAFE ETF 464287465 4276 74066 SH DFND 2 74066 0 0 ISHARES TR NA TEC-SFTWR ETF 464287515 1866 17141 SH DFND 2 17141 0 0 ISHARES TR NASDQ BIOTEC ETF 464287556 11149 42013 SH DFND 2 42013 0 0 ISHARES TR RUS 1000 ETF 464287622 851 6834 SH DFND 2 6834 0 0 ISHARES TR RUS 2000 VAL ETF 464287630 1578 13266 SH DFND 2 13266 0 0 ISHARES TR RUS 2000 GRW ETF 464287648 867 5629 SH DFND 2 5629 0 0 ISHARES TR RUSSELL 2000 ETF 464287655 5865 43495 SH DFND 2 43495 0 0 ISHARES TR U.S. REAL ES ETF 464287739 13013 169137 SH DFND 2 169137 0 0 ISHARES TR U.S. INDS ETF 464287754 477 3953 SH DFND 2 3953 0 0 ISHARES TR U.S. ENERGY ETF 464287796 1743 41953 SH DFND 2 41953 0 0 ISHARES TR MSCI ACWI EX US 464288240 374 9276 SH DFND 2 9276 0 0 ISHARES TR MRGSTR MD CP GRW 464288307 1506 9297 SH DFND 2 9297 0 0 ISHARES TR MRGSTR MD CP VAL 464288406 205 1417 SH DFND 2 1417 0 0 ISHARES TR IBOXX HI YD ETF 464288513 429 4955 SH DFND 2 4955 0 0 ISHARES TR MRGSTR SM CP GR 464288604 452 3124 SH DFND 2 3124 0 0 ISHARES TR SHRT TRS BD ETF 464288679 496 4499 SH DFND 2 4499 0 0 ISHARES TR MRNING SM CP ETF 464288703 224 1567 SH DFND 2 1567 0 0 ISHARES TR U.S. AER DEF ETF 464288760 962 6843 SH DFND 2 6843 0 0 ISHARES SILVER TRUST CALL 46428Q109 446 29500 SH Call DFND 2 29500 0 0 ISHARES TR CORE MSCI EAFE 46432F842 253 4712 SH DFND 2 4712 0 0 ISHARES INC MSCI JPN ETF NEW 46434G822 394 8071 SH DFND 2 8071 0 0 ISHARES TR CUR HD EURZN ETF 46434V639 279 10504 SH DFND 2 10504 0 0 ISHARES TR HDG MSCI EAFE 46434V803 300 11481 SH DFND 2 11481 0 0 ISHARES TR MSCI AUSTRALIA 46435G607 811 35416 SH DFND 2 35416 0 0 JPMORGAN CHASE CO COM 46625H100 8251 95625 SH DFND 2 95625 0 0 JOHNSON JOHNSON COM 478160104 4590 39840 SH DFND 2 39840 0 0 KELLOGG CO COM 487836108 247 3353 SH DFND 2 3353 0 0 KIMBERLY CLARK CORP COM 494368103 929 8139 SH DFND 2 8139 0 0 KINDER MORGAN INC DEL COM 49456B101 779 37635 SH DFND 2 37635 0 0 KRAFT HEINZ CO COM 500754106 432 4952 SH DFND 2 4952 0 0 LEUCADIA NATL CORP COM 527288104 218 9357 SH DFND 2 9357 0 0 LILLY ELI CO COM 532457108 1223 16622 SH DFND 2 16622 0 0 LINCOLN NATL CORP IND COM 534187109 493 7439 SH DFND 2 7439 0 0 LOCKHEED MARTIN CORP COM 539830109 714 2858 SH DFND 2 2858 0 0 LOEWS CORP COM 540424108 424 9045 SH DFND 2 9045 0 0 MPLX LP COM UNIT REP LTD 55336V100 1056 30494 SH DFND 2 30494 0 0 MACERICH CO COM 554382101 201 2832 SH DFND 2 2832 0 0 MAGELLAN MIDSTREAM PRTNRS LP COM UNIT RP LP 559080106 1869 24716 SH DFND 2 24716 0 0 MARSH MCLENNAN COS INC COM 571748102 1137 16818 SH DFND 2 16818 0 0 MASTERCARD INCORPORATED CL A 57636Q104 436 4226 SH DFND 2 4226 0 0 MATTEL INC COM 577081102 215 7808 SH DFND 2 7808 0 0 MCCORMICK CO INC COM NON VTG 579780206 210 2250 SH DFND 2 2250 0 0 MCDERMOTT INTL INC COM 580037109 128 17338 SH DFND 2 17338 0 0 MCDONALDS CORP COM 580135101 730 5998 SH DFND 2 5998 0 0 MCKESSON CORP COM 58155Q103 396 2821 SH DFND 2 2821 0 0 MERCK CO INC COM 58933Y105 2240 38055 SH DFND 2 38055 0 0 METLIFE INC COM 59156R108 1683 31230 SH DFND 2 31230 0 0 MONDELEZ INTL INC CL A 609207105 311 7005 SH DFND 2 7005 0 0 MOODYS CORP COM 615369105 481 5105 SH DFND 2 5105 0 0 MORGAN STANLEY COM NEW 617446448 1810 42850 SH DFND 2 42850 0 0 MORGAN STANLEY CUSHNG MLP ETN 61760E846 687 84761 SH DFND 2 84761 0 0 NII HLDGS INC COM PAR $0.001 62913F508 27 12635 SH DFND 2 12635 0 0 NGL ENERGY PARTNERS LP COM UNIT REPST 62913M107 225 10700 SH DFND 2 10700 0 0 NRG ENERGY INC COM NEW 629377508 142 11610 SH DFND 2 11610 0 0 NASDAQ INC COM 631103108 230 3423 SH DFND 2 3423 0 0 NATIONAL OILWELL VARCO INC COM 637071101 577 15408 SH DFND 2 15408 0 0 NAVIENT CORP COM 63938C108 271 16484 SH DFND 2 16484 0 0 NEXTERA ENERGY INC COM 65339F101 2384 19960 SH DFND 2 19960 0 0 NISOURCE INC COM 65473P105 327 14757 SH DFND 2 14757 0 0 NOVARTIS A G SPONSORED ADR 66987V109 287 3945 SH DFND 2 3945 0 0 NUSTAR ENERGY LP UNIT COM 67058H102 368 7396 SH DFND 2 7396 0 0 OCCIDENTAL PETE CORP DEL COM 674599105 600 8425 SH DFND 2 8425 0 0 ONEOK INC NEW COM 682680103 757 13180 SH DFND 2 13180 0 0 ONEOK PARTNERS LP UNIT LTD PARTN 68268N103 809 18816 SH DFND 2 18816 0 0 PG E CORP COM 69331C108 1153 18980 SH DFND 2 18980 0 0 PNC FINL SVCS GROUP INC COM 693475105 1236 10568 SH DFND 2 10568 0 0 PPL CORP COM 69351T106 1046 30709 SH DFND 2 30709 0 0 PACKAGING CORP AMER COM 695156109 234 2756 SH DFND 2 2756 0 0 PEPSICO INC COM 713448108 1163 11120 SH DFND 2 11120 0 0 PETROLEO BRASILEIRO SA PETRO SP ADR NON VTG 71654V101 454 51550 SH DFND 2 51550 0 0 PETROLEO BRASILEIRO SA PETRO SPONSORED ADR 71654V408 581 57491 SH DFND 2 57491 0 0 PFIZER INC COM 717081103 2884 88778 SH DFND 2 88778 0 0 PHILIP MORRIS INTL INC COM 718172109 1554 16985 SH DFND 2 16985 0 0 PHILLIPS 66 PARTNERS LP COM UNIT REP INT 718549207 234 4817 SH DFND 2 4817 0 0 PINNACLE WEST CAP CORP COM 723484101 541 6929 SH DFND 2 6929 0 0 PIONEER NAT RES CO COM 723787107 332 1841 SH DFND 2 1841 0 0 PLAINS ALL AMERN PIPELINE L UNIT LTD PARTN 726503105 1475 45691 SH DFND 2 45691 0 0 POWERSHARES QQQ TRUST UNIT SER 1 73935A104 41466 349982 SH DFND 2 349982 0 0 POWERSHARES ETF TRUST DYN BLDG CNSTR 73935X666 276 9900 SH DFND 2 9900 0 0 POWERSHARES ETF TRUST DYN PHRMA PORT 73935X799 462 8254 SH DFND 2 8254 0 0 POWERSHS DB MULTI SECT COMM DB ENERGY FUND 73936B101 274 19822 SH DFND 2 19822 0 0 POWERSHS DB MULTI SECT COMM DB PREC MTLS 73936B200 3178 91205 SH DFND 2 91205 0 0 POWERSHS DB MULTI SECT COMM DB SILVER FUND 73936B309 750 30189 SH DFND 2 30189 0 0 POWERSHS DB MULTI SECT COMM DB OIL FUND 73936B507 1629 168240 SH DFND 2 168240 0 0 POWERSHS DB MULTI SECT COMM DB GOLD FUND 73936B606 3620 97764 SH DFND 2 97764 0 0 POWERSHS DB US DOLLAR INDEX DOLL INDX BEAR 73936D206 277 13543 SH DFND 2 13543 0 0 POWERSHARES ETF TR II S P SMCP C DIS 73937B506 264 5040 SH DFND 2 5040 0 0 POWERSHARES ETF TR II S P SMCP CONSU 73937B605 1142 16494 SH DFND 2 16494 0 0 POWERSHARES ETF TR II PWRSHS SP500 LOW 73937B654 932 23790 SH DFND 2 23790 0 0 POWERSHARES ETF TR II KBW BK PORT 73937B746 1624 34349 SH DFND 2 34349 0 0 PRICE T ROWE GROUP INC COM 74144T108 837 11118 SH DFND 2 11118 0 0 PRINCIPAL FINL GROUP INC COM 74251V102 537 9283 SH DFND 2 9283 0 0 PROCTER AND GAMBLE CO COM 742718109 2208 26255 SH DFND 2 26255 0 0 PROGRESSIVE CORP OHIO COM 743315103 654 18411 SH DFND 2 18411 0 0 PROLOGIS INC COM 74340W103 479 9067 SH DFND 2 9067 0 0 PROSHARES TR PSHS ULSHT SP500 74347B300 9231 610906 SH DFND 2 610906 0 0 PROSHARES TR K1 FRE CRD OIL 74347B417 5740 256264 SH DFND 2 256264 0 0 PROSHARES TR SHORT S P 500 NE 74347B425 20373 557553 SH DFND 2 557553 0 0 PROSHARES TR ULTRA JR MNRS NW 74347B466 2099 39227 SH DFND 2 39227 0 0 PROSHARES TR ULTRA GLD MNR NW 74347B482 412 11142 SH DFND 2 11142 0 0 PROSHARES TR ULTRA MSCI BRAZI 74347B490 602 10433 SH DFND 2 10433 0 0 PROSHARES TR ULTPRO SHT NAS 74347B623 563 23446 SH DFND 2 23446 0 0 PROSHARES TR SHORT QQQ NEW 74347B714 2989 63191 SH DFND 2 63191 0 0 PROSHARES TR ULTSHT FINLS NEW 74347B748 343 11209 SH DFND 2 11209 0 0 PROSHARES TR ULTSH NASD BIOT 74347B789 784 22408 SH DFND 2 22408 0 0 PROSHARES TR SHRT HGH YIELD 74347R131 427 17328 SH DFND 2 17328 0 0 PROSHARES TR PSHS ULT NASB 74347R214 213 5341 SH DFND 2 5341 0 0 PROSHARES TR PSHS ULTRA DOW30 74347R305 6408 76701 SH DFND 2 76701 0 0 PROSHARES TR PSHS ULT MCAP400 74347R404 1815 19259 SH DFND 2 19259 0 0 PROSHARES TR PSHS SHORT DOW30 74347R701 1558 81849 SH DFND 2 81849 0 0 PROSHARES TR PSHS ULTRA O G 74347R719 724 16594 SH DFND 2 16594 0 0 PROSHARES TR PSHS ULT BASMATL 74347R776 234 4776 SH DFND 2 4776 0 0 PROSHARES TR II ULTRA VIX SHORT 74347W254 5881 672133 SH DFND 2 672133 0 0 PROSHARES TR II VIX SHORT TERM F 74347W262 3182 149653 SH DFND 2 149653 0 0 PROSHARES TR II ULT BLMBRG NT GS 74347W296 1644 86685 SH DFND 2 86685 0 0 PROSHARES TR II ULT BLMBG CD OIL 74347W320 3444 294871 SH DFND 2 294871 0 0 PROSHARES TR II ULTRA SILVER NEW 74347W353 977 30441 SH DFND 2 30441 0 0 PROSHARES TR II ULTRASHRT NEW 74347W395 3431 37894 SH DFND 2 37894 0 0 PROSHARES TR II ULSHT BLOOMB OIL 74347W668 2793 44130 SH DFND 2 44130 0 0 PROSHARES TR II ULTRASHRT EURO 74347W882 1105 40788 SH DFND 2 40788 0 0 PROSHARES TR BASIC MAT NEW 74347X138 340 15969 SH DFND 2 15969 0 0 PROSHARES TR ULT R/EST NEW 74347X625 1356 11870 SH DFND 2 11870 0 0 PROSHARES TR ULTRA FNCLS NEW 74347X633 548 5929 SH DFND 2 5929 0 0 PROSHARES TR SHRT RL EST FD 74347X641 329 18882 SH DFND 2 18882 0 0 PROSHARES TR UL MSCI JP ETF 74347X708 405 4632 SH DFND 2 4632 0 0 PROSHARES TR ULTR RUSSL2000 74347X799 376 3171 SH DFND 2 3171 0 0 PROSHARES TR ULT FTSE CHIN 50 74347X880 1293 27779 SH DFND 2 27779 0 0 PROSHARES TR ULTRASHORT GOLD 74348A194 311 14585 SH DFND 2 14585 0 0 PROSHARES TR SHRT RUSSELL2000 74348A210 874 17848 SH DFND 2 17848 0 0 PROSHARES TR ULTSHT REAL EST 74348A244 2327 65252 SH DFND 2 65252 0 0 PROSHARES TR ULTPRO SHT MDCP 74348A392 238 14281 SH DFND 2 14281 0 0 PROSHARES TR ULTRAPRO SH NW14 74348A418 2866 219971 SH DFND 2 219971 0 0 PROSHARES TR ULTSHT FTSE EURO 74348A434 390 7572 SH DFND 2 7572 0 0 PROSHARES TR ULTRAPRO SHORT S 74348A442 1606 78680 SH DFND 2 78680 0 0 PROSHARES TR ULTSHT MSCI JAP 74348A459 371 8953 SH DFND 2 8953 0 0 PROSHARES TR ULSH MSCIEAF NEW 74348A475 499 13821 SH DFND 2 13821 0 0 PROSHARES TR ULSHOIL GASNEW13 74348A525 2250 60141 SH DFND 2 60141 0 0 PROSHARES TR PSHS ULDOW30 NEW 74348A590 478 33680 SH DFND 2 33680 0 0 PRUDENTIAL FINL INC COM 744320102 1310 12590 SH DFND 2 12590 0 0 PUBLIC SVC ENTERPRISE GROUP COM 744573106 1045 23808 SH DFND 2 23808 0 0 PUBLIC STORAGE COM 74460D109 680 3044 SH DFND 2 3044 0 0 REALTY INCOME CORP COM 756109104 365 6350 SH DFND 2 6350 0 0 REYNOLDS AMERICAN INC COM 761713106 413 7362 SH DFND 2 7362 0 0 S P GLOBAL INC COM 78409V104 898 8355 SH DFND 2 8355 0 0 SPDR S P 500 ETF TR TR UNIT 78462F103 159515 713619 SH DFND 2 713619 0 0 SPDR GOLD TRUST GOLD SHS 78463V107 22652 206659 SH DFND 2 206659 0 0 SPDR SERIES TRUST BLMBRG BR 1 3 MT 78464A680 290 6346 SH DFND 2 6346 0 0 SPDR SERIES TRUST S P REGL BKG 78464A698 2604 46863 SH DFND 2 46863 0 0 SPDR SERIES TRUST S P PHARMAC 78464A722 531 13572 SH DFND 2 13572 0 0 SPDR SERIES TRUST S P OILGAS EXP 78464A730 31539 761441 SH DFND 2 761441 0 0 SPDR SERIES TRUST S P METALS MNG 78464A755 14172 466028 SH DFND 2 466028 0 0 SPDR SERIES TRUST S P BK ETF 78464A797 20493 471428 SH DFND 2 471428 0 0 SPDR SERIES TRUST S P BIOTECH 78464A870 33185 560658 SH DFND 2 560658 0 0 SPDR SERIES TRUST S P HOMEBUILD 78464A888 4180 123481 SH DFND 2 123481 0 0 ST JUDE MED INC COM 790849103 202 2516 SH DFND 2 2516 0 0 SCANA CORP NEW COM 80589M102 614 8373 SH DFND 2 8373 0 0 SCHLUMBERGER LTD COM 806857108 2819 33578 SH DFND 2 33578 0 0 SCHWAB CHARLES CORP NEW COM 808513105 1473 37312 SH DFND 2 37312 0 0 SELECT SECTOR SPDR TR SBI MATERIALS 81369Y100 3052 61410 SH DFND 2 61410 0 0 SELECT SECTOR SPDR TR SBI CONS DISCR 81369Y407 2928 35974 SH DFND 2 35974 0 0 SELECT SECTOR SPDR TR TECHNOLOGY 81369Y803 13263 274265 SH DFND 2 274265 0 0 SEMPRA ENERGY COM 816851109 1025 10183 SH DFND 2 10183 0 0 SHELL MIDSTREAM PARTNERS L P UNIT LTD INT 822634101 319 10966 SH DFND 2 10966 0 0 SIMON PPTY GROUP INC NEW COM 828806109 988 5562 SH DFND 2 5562 0 0 SOUTHERN CO COM 842587107 1842 37442 SH DFND 2 37442 0 0 SPECTRA ENERGY CORP COM 847560109 763 18558 SH DFND 2 18558 0 0 SPECTRA ENERGY PARTNERS LP COM 84756N109 483 10534 SH DFND 2 10534 0 0 SPROTT PHYSICAL GOLD TRUST UNIT 85207H104 3660 389822 SH DFND 2 389822 0 0 SPROTT PHYSICAL SILVER TR TR UNIT 85207K107 1019 167536 SH DFND 2 167536 0 0 SPROTT PHYSICAL PLAT PALLAD UNIT 85207Q104 2463 356908 SH DFND 2 356908 0 0 STAPLES INC COM 855030102 164 18088 SH DFND 2 18088 0 0 STATE STR CORP COM 857477103 789 10146 SH DFND 2 10146 0 0 STRYKER CORP COM 863667101 555 4633 SH DFND 2 4633 0 0 SUNOCO LOGISTICS PRTNRS L P COM UNITS 86764L108 1108 46131 SH DFND 2 46131 0 0 SUNTRUST BKS INC COM 867914103 286 5210 SH DFND 2 5210 0 0 SUPERIOR ENERGY SVCS INC COM 868157108 182 10783 SH DFND 2 10783 0 0 SYNCHRONY FINL COM 87165B103 847 23340 SH DFND 2 23340 0 0 SYSCO CORP COM 871829107 316 5712 SH DFND 2 5712 0 0 TC PIPELINES LP UT COM LTD PRT 87233Q108 387 6583 SH DFND 2 6583 0 0 TALLGRASS ENERGY PARTNERS LP COM UNIT 874697105 234 4934 SH DFND 2 4934 0 0 TENARIS S A SPONSORED ADR 88031M109 256 7170 SH DFND 2 7170 0 0 TESORO LOGISTICS LP COM UNIT LP 88160T107 397 7813 SH DFND 2 7813 0 0 TEUCRIUM COMMODITY TR CORN FD SHS 88166A102 454 24279 SH DFND 2 24279 0 0 THERMO FISHER SCIENTIFIC INC COM 883556102 537 3804 SH DFND 2 3804 0 0 3M CO COM 88579Y101 372 2086 SH DFND 2 2086 0 0 TORCHMARK CORP COM 891027104 293 3967 SH DFND 2 3967 0 0 TRANSCANADA CORP COM 89353D107 308 6822 SH DFND 2 6822 0 0 TRAVELERS COMPANIES INC COM 89417E109 1116 9117 SH DFND 2 9117 0 0 UBS AG JERSEY BRH ALERIAN INFRST 902641646 6807 239595 SH DFND 2 239595 0 0 UDR INC COM 902653104 219 6011 SH DFND 2 6011 0 0 UBS AG LONDON BRH ETRAC ALER MLP 90267B682 2672 134483 SH DFND 2 134483 0 0 US BANCORP DEL COM NEW 902973304 2136 41579 SH DFND 2 41579 0 0 U S SILICA HLDGS INC COM 90346E103 264 4660 SH DFND 2 4660 0 0 UNITED PARCEL SERVICE INC CL B 911312106 437 3814 SH DFND 2 3814 0 0 UNITED STS BRENT OIL FD LP UNIT 91167Q100 895 57059 SH DFND 2 57059 0 0 UNITED STS COMMODITY IDX FDT CM REP COPP FD 911718104 252 15391 SH DFND 2 15391 0 0 UNITED STS COMMODITY IDX FDT COM UTS US AGR 911718203 1082 59887 SH DFND 2 59887 0 0 UNITED STS DIESEL HEATING OI UNIT 911783108 440 26220 SH DFND 2 26220 0 0 UNITED STS GASOLINE FD LP UNITS 91201T102 738 23575 SH DFND 2 23575 0 0 UNITED STATES NATL GAS FUND UNIT PAR $0.001 912318201 1499 160439 SH DFND 2 160439 0 0 UNITED STATES OIL FUND LP UNITS 91232N108 593 50632 SH DFND 2 50632 0 0 UNITED STS SHORT OIL FD LP UNITS 912613205 751 12113 SH DFND 2 12113 0 0 UNITED STS 12 MONTH OIL FD L UNIT BEN INT 91288V103 571 27993 SH DFND 2 27993 0 0 UNITED STS 12 MONTH NAT GAS UNIT BEN INT 91288X109 676 57859 SH DFND 2 57859 0 0 UNITEDHEALTH GROUP INC COM 91324P102 1637 10227 SH DFND 2 10227 0 0 UNUM GROUP COM 91529Y106 333 7584 SH DFND 2 7584 0 0 VALE S A ADR 91912E105 320 42005 SH DFND 2 42005 0 0 VALE S A ADR REPSTG PFD 91912E204 493 71535 SH DFND 2 71535 0 0 VANECK VECTORS ETF TR GOLD MINERS ETF 92189F106 13040 623312 SH DFND 2 623312 0 0 VANECK VECTORS ETF TR RUSSIA ETF 92189F403 1421 66946 SH DFND 2 66946 0 0 VANECK VECTORS ETF TR SEMICONDUCTOR ET 92189F676 8321 116157 SH DFND 2 116157 0 0 VANECK VECTORS ETF TR RETAIL ETF 92189F684 1896 25017 SH DFND 2 25017 0 0 VANECK VECTORS ETF TR JR GOLD MINERS E 92189F791 30010 951184 SH DFND 2 951184 0 0 VANGUARD ADMIRAL FDS INC MIDCP 400 GRTH 921932869 218 1948 SH DFND 2 1948 0 0 VANGUARD SCOTTSDALE FDS VNG RUS2000GRW 92206C623 392 3507 SH DFND 2 3507 0 0 VANGUARD SCOTTSDALE FDS VNG RUS1000GRW 92206C680 345 3208 SH DFND 2 3208 0 0 VANGUARD SCOTTSDALE FDS VNG RUS1000VAL 92206C714 538 5506 SH DFND 2 5506 0 0 VANGUARD SCOTTSDALE FDS VNG RUS1000IDX 92206C730 488 4755 SH DFND 2 4755 0 0 VENTAS INC COM 92276F100 392 6265 SH DFND 2 6265 0 0 VANGUARD INDEX FDS S P 500 ETF SHS 922908363 2863 13945 SH DFND 2 13945 0 0 VEREIT INC COM 92339V100 114 13442 SH DFND 2 13442 0 0 VERIZON COMMUNICATIONS INC COM 92343V104 992 18577 SH DFND 2 18577 0 0 VISA INC COM CL A 92826C839 558 7147 SH DFND 2 7147 0 0 VORNADO RLTY TR SH BEN INT 929042109 296 2835 SH DFND 2 2835 0 0 WEC ENERGY GROUP INC COM 92939U106 915 15598 SH DFND 2 15598 0 0 WAL-MART STORES INC COM 931142103 770 11134 SH DFND 2 11134 0 0 WALGREENS BOOTS ALLIANCE INC COM 931427108 435 5252 SH DFND 2 5252 0 0 WASTE MGMT INC DEL COM 94106L109 303 4276 SH DFND 2 4276 0 0 WELLS FARGO CO NEW COM 949746101 6564 119109 SH DFND 2 119109 0 0 WELLTOWER INC COM 95040Q104 414 6186 SH DFND 2 6186 0 0 WESTERN GAS PARTNERS LP COM UNIT LP IN 958254104 551 9372 SH DFND 2 9372 0 0 WILLIAMS COS INC DEL COM 969457100 742 23816 SH DFND 2 23816 0 0 WILLIAMS PARTNERS L P NEW COM UNIT LTD PAR 96949L105 1078 28344 SH DFND 2 28344 0 0 WINDSTREAM HLDGS INC COM NEW 97382A200 104 14194 SH DFND 2 14194 0 0 XCEL ENERGY INC COM 98389B100 969 23813 SH DFND 2 23813 0 0 XEROX CORP COM 984121103 1241 142197 SH DFND 2 142197 0 0 ZOETIS INC CL A 98978V103 385 7200 SH DFND 2 7200 0 0 ALLERGAN PLC SHS G0177J108 792 3773 SH DFND 2 3773 0 0 AON PLC SHS CL A G0408V102 991 8883 SH DFND 2 8883 0 0 EATON CORP PLC SHS G29183103 209 3117 SH DFND 2 3117 0 0 ENSCO PLC SHS CLASS A G3157S106 183 18832 SH DFND 2 18832 0 0 WEATHERFORD INTL PLC ORD SHS G48833100 200 40176 SH DFND 2 40176 0 0 INVESCO LTD SHS G491BT108 514 16934 SH DFND 2 16934 0 0 MEDTRONIC PLC SHS G5960L103 1067 14982 SH DFND 2 14982 0 0 NABORS INDUSTRIES LTD SHS G6359F103 274 16731 SH DFND 2 16731 0 0 NOBLE CORP PLC SHS USD G65431101 85 14440 SH DFND 2 14440 0 0 SEADRILL LIMITED SHS G7945E105 71 20930 SH DFND 2 20930 0 0 SEAGATE TECHNOLOGY PLC SHS G7945M107 267 6991 SH DFND 2 6991 0 0 WILLIS TOWERS WATSON PUB LTD SHS G96629103 433 3543 SH DFND 2 3543 0 0 XL GROUP LTD COM G98294104 303 8134 SH DFND 2 8134 0 0 CHUBB LIMITED COM H1467J104 1953 14780 SH DFND 2 14780 0 0 GARMIN LTD SHS H2906T109 213 4399 SH DFND 2 4399 0 0 TRANSOCEAN LTD REG SHS H8817H100 363 24607 SH DFND 2 24607 0 0 CORE LABORATORIES N V COM N22717107 304 2534 SH DFND 2 2534 0 0 MYLAN N V SHS EURO N59465109 233 6100 SH DFND 2 6100 0 0