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
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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 FIGI (to the nearest dollar) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
AGNC INVT CORP COM 00123Q104   109,303 11,142 SH   DFND   0 0 11,142
APOLLO COML REAL EST FIN INC COM 03762U105   384,227 32,728 SH   DFND   0 0 32,728
APPLE INC COM 037833100   504,264 2,619 SH   DFND   0 0 2,619
ARES CAPITAL CORP COM 04010L103   2,267,545 113,207 SH   DFND   0 0 113,207
BLACKSTONE SECD LENDING FD COMMON STOCK 09261X102   218,549 7,907 SH   DFND   0 0 7,907
BLUE OWL CAPITAL CORPORATION COM 69121K104   254,079 17,214 SH   DFND   0 0 17,214
BRIGHTSPIRE CAPITAL INC COM CL A 10949T109   115,863 15,573 SH   DFND   0 0 15,573
DORIAN LPG LTD SHS USD Y2106R110   362,454 8,262 SH   DFND   0 0 8,262
ECOPETROL S A SPONSORED ADS 279158109   225,872 18,949 SH   DFND   0 0 18,949
FIRST TR EXCHANGE-TRADED FD SENIOR LN FD 33738D309   781,854 16,971 SH   DFND   0 0 16,971
FIRST TR EXCHNG TRADED FD VI US EQT BUFFER 33740F763   239,208 5,606 SH   DFND   0 0 5,606
FIRST TR EXCHNG TRADED FD VI FT CBOE VEST BFR 33740F623   3,574,265 89,738 SH   DFND   0 0 89,738
FIRST TR EXCHNG TRADED FD VI FT CBOE VEST US 33740U695   208,140 6,434 SH   DFND   0 0 6,434
FIRST TR EXCHNG TRADED FD VI FT CBOE VEST US 33740U687   1,934,423 61,023 SH   DFND   0 0 61,023
FIRST TR EXCHNG TRADED FD VI FT CBOE VEST US 33740F482   1,009,621 30,224 SH   DFND   0 0 30,224
FIRST TR EXCHNG TRADED FD VI FT CBOE VEST U S 33740U661   267,195 8,329 SH   DFND   0 0 8,329
FIRST TR EXCHNG TRADED FD VI FT US EQ MOD BUF 33740U653   387,968 12,293 SH   DFND   0 0 12,293
FS CREDIT OPPORTUNITIES CORP COMMON STOCK 30290Y101   94,525 16,671 SH   DFND   0 0 16,671
FS KKR CAP CORP COM 302635206   324,812 16,265 SH   DFND   0 0 16,265
HERCULES CAPITAL INC COM 427096508   245,849 14,748 SH   DFND   0 0 14,748
ICAHN ENTERPRISES LP DEPOSITARY UNIT 451100101   192,820 11,217 SH   DFND   0 0 11,217
J P MORGAN EXCHANGE TRADED F ULTRA SHRT INC 46641Q837   262,703 5,230 SH   DFND   0 0 5,230
MEDICAL PPTYS TRUST INC COM 58463J304   83,342 16,974 SH   DFND   0 0 16,974
MICROSOFT CORP COM 594918104   204,975 545 SH   DFND   0 0 545
PACER FDS TR SWAN SOS MOD JAN 69374H550   755,760 29,259 SH   DFND   0 0 29,259
PACER FDS TR SWAN SOS MODERAT 69374H519   2,108,480 84,576 SH   DFND   0 0 84,576
PACER FDS TR SWAN SOS MODRTE 69374H493   258,458 10,369 SH   DFND   0 0 10,369
PETROLEO BRASILEIRO SA PETRO SPONSORED ADR 71654V408   250,250 15,670 SH   DFND   0 0 15,670
PIMCO ETF TR ENHNCD LW DUR AC 72201R718   363,215 3,833 SH   DFND   0 0 3,833
READY CAPITAL CORP COM 75574U101   104,109 10,157 SH   DFND   0 0 10,157
SCHWAB STRATEGIC TR US SML CAP ETF 808524607   3,493,500 73,952 SH   DFND   0 0 73,952
SOCIEDAD QUIMICA Y MINERA DE SPON ADR SER B 833635105   248,287 4,123 SH   DFND   0 0 4,123
SPDR INDEX SHS FDS EURO STOXX 50 78463X202   2,587,716 54,125 SH   DFND   0 0 54,125
SPDR S&P 500 ETF TR TR UNIT 78462F103   29,997,126 63,111 SH   DFND   0 0 63,111
SPDR SER TR PORTFOLIO S&P400 78464A847   7,769,293 159,468 SH   DFND   0 0 159,468
SPDR SER TR BLOOMBERG BRCLYS 78468R622   2,310,654 24,392 SH   DFND   0 0 24,392
TESLA INC COM 88160R101   212,450 855 SH   DFND   0 0 855
TWO RDS SHARED TR ANFIELD CAP DI 90213U115   1,475,050 171,318 SH   DFND   0 0 171,318
TWO RDS SHARED TR ANFIELD US EQU 90214Q733   11,347,810 821,710 SH   DFND   0 0 821,710
TWO RDS SHARED TR ANFIELD DYNAMIC 90214Q725   1,660,319 192,769 SH   DFND   0 0 192,769
TWO RDS SHARED TR REGENTS PK HDGD 90214Q642   604,442 67,953 SH   DFND   0 0 67,953
TWO RDS SHARED TR FNDTNS DYN VALUE 90214Q535   554,045 50,800 SH   DFND   0 0 50,800
TWO RDS SHARED TR FOUNDATIONS DYNM 90214Q550   575,598 51,600 SH   DFND   0 0 51,600
TWO RDS SHARED TR FNDTNS DYNAMIC G 90214Q543   577,589 51,920 SH   DFND   0 0 51,920
VANGUARD INDEX FDS S&P 500 ETF SHS 922908363   1,044,389 2,391 SH   DFND   0 0 2,391
WISDOMTREE TR JAPN HEDGE EQT 97717W851   1,875,294 21,315 SH   DFND   0 0 21,315
VANECK BDC INCOME ETF BDC INCOME ETF 92189F411   1,257,376 78,390 SH   DFND   0 0 78,390
TEUCRIUM CORN FUND CORN FD SHS 88166A102   1,085,230 50,312 SH   DFND   0 0 50,312
PIMCO DYNAMIC INCOME FUND SHS 72201Y101   1,236,486 68,885 SH   DFND   0 0 68,885
PACER INDUSTRIAL REAL ESTATE E ESTATE SCTR ETF BNCHMRK INDSTR 69374H766   1,077,464 25,752 SH   DFND   0 0 25,752
JANUS HENDERSON SHORT DURATION INCOME ETF HENDRSN SHRT ETF 47103U886   2,141,881 44,327 SH   DFND   0 0 44,327
ISHARES GSCI COMMODITY DYNAMIC COMMOD SEL STG 46431W853   784,089 31,276 SH   DFND   0 0 31,276
ISHARES S&P GSCI COMMODITY INDEXED TRUST UNIT BEN INT 46428R107   1,104,443 55,057 SH   DFND   0 0 55,057
INVESCO DB ENERGY FUND ENERGY FD 46140H304   1,314,054 68,476 SH   DFND   0 0 68,476
INVESCO KBW PREMIUM YIELD EQUITY REIT ETF KBW PREM YIELD 46138E594   1,059,571 52,506 SH   DFND   0 0 52,506
INVESCO DB COMMODITY INDEX TRACKING FUND UNIT 46138B103   1,056,113 47,918 SH   DFND   0 0 47,918
INVESCO ENERGY EXPLORATION & PRODUCTION ETF ETF DYNMC ENRG EXP 46137V761   1,830,300 59,233 SH   DFND   0 0 59,233
INVESCO S&P 500 BUYWRITE ETF S&P500 BUY WRT 46137V399   1,248,032 57,513 SH   DFND   0 0 57,513
GLOBAL X S&P 500 COVERED CALL ETF S&P 500 COVERED 37954Y475   1,047,724 26,565 SH   DFND   0 0 26,565
FIRST TRUST ETF III-FIRST TRUST LONG/SHORT EQUITY ETF LNG/SHT EQUITY 33739P103   1,449,708 25,768 SH   DFND   0 0 25,768
FIRST TRUST MLP AND ENERGY INCOME FUND COM 33739B104   1,702,859 198,700 SH   DFND   0 0 198,700
FIRST TRUST DORSEY WRIGHT DALI ETF VI 1 ETF DORSEYWRGT ETF 33738R712   1,097,145 50,888 SH   DFND   0 0 50,888
FIRST TRUST CLOUD COMPUTING ETF CLOUD COMPUTING 33734X192   1,220,717 13,924 SH   DFND   0 0 13,924
FIRST TRUST NATURAL GAS ETF NAT GAS ETF 33733E807   2,227,320 91,697 SH   DFND   0 0 91,697
NETLEASE CORPORATE REAL ESTATE ETF NETLEASE CORP 26922A248   1,108,305 44,381 SH   DFND   0 0 44,381
CROWN CASTLE INC. COM 22822V101   794,926 6,901 SH   DFND   0 0 6,901
AMERICAN TOWER CORPORATION COM 03027X100   1,208,064 5,596 SH   DFND   0 0 5,596
ABRDN GLOBAL DYNAMIC DIVIDEND COM 00302M106   12,880 1,379 SH   DFND   0 0 1,379
ROYAL CARIBBEAN CRUISES LTD. COM V7780T103   1,846,657 14,261 SH   DFND   0 0 14,261
VANECK SEMICONDUCTOR ETF SEMICONDUCTOR ET 92189F676   10,411,235 59,537 SH   DFND   0 0 59,537
COMMUNICATION SERVICES SELECT SECTOR SPDR FUND COMMUNICATION 81369Y852   13,546,876 186,442 SH   DFND   0 0 186,442
TECHNOLOGY SELECT SECTOR SPDR FUND TECHNOLOGY 81369Y803   10,246,480 53,234 SH   DFND   0 0 53,234
INDUSTRIAL SELECT SECTOR SPDR FUND SBI INT-INDS 81369Y704   4,007,432 35,156 SH   DFND   0 0 35,156
ENERGY SELECT SECTOR SPDR FUND ENERGY 81369Y506   1,261,037 15,041 SH   DFND   0 0 15,041
CONSUMER DISCRETIONARY SELECT SECTOR SPDR FUND SBI CONS DISCR 81369Y407   9,752,119 54,539 SH   DFND   0 0 54,539
HEALTH CARE SELECT SECTOR SPDR FUND SBI HEALTHCARE 81369Y209   6,592,882 48,342 SH   DFND   0 0 48,342
NVIDIA CORPORATION COM 67066G104   1,424,748 2,877 SH   DFND   0 0 2,877
COMCAST CORPORATION CL A 20030N101   1,333,654 30,414 SH   DFND   0 0 30,414
BOOKING HOLDINGS INC. COM 09857L108   1,621,080 457 SH   DFND   0 0 457
BAKER HUGHES COMPANY CL A 05722G100   1,347,683 39,429 SH   DFND   0 0 39,429
ISHARES CONVERTIBLE BOND ETF CONV BD ETF 46435G102   773,011 9,836 SH   DFND   0 0 9,836
ISHARES US TREASURY BOND ETF US TREAS BD ETF 46429B267   5,231,002 227,040 SH   DFND   0 0 227,040
INVESCO FUNDAMENTAL HIGH YIELD CORPORATE BOND ETF FNDMNTL HY CRP 46138E719   4,674,621 257,839 SH   DFND   0 0 257,839