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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
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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
APPLE INC COM 037833100   94,405,250 425,000 SH   SOLE   425,000 0 0
BONDBLOXX ETF TRUST USD HI YLD TELEC 09789C507   105,703,513 3,087,000 SH   SOLE   3,087,000 0 0
BONDBLOXX ETF TRUST USD HI YLD INDUS 09789C606   70,911,028 1,888,800 SH   SOLE   1,888,800 0 0
BONDBLOXX ETF TRUST JP MORGAN USD EM 09789C879   106,989,743 2,537,900 SH   SOLE   2,537,900 0 0
BONDBLOXX ETF TRUST USD HI YLD ENERG 097890107   6,270,877 162,500 SH   SOLE   162,500 0 0
BONDBLOXX ETF TRUST USD HI YLD HEALT 09789C408   38,656,234 1,117,300 SH   SOLE   1,117,300 0 0
BONDBLOXX ETF TRUST USD HI YLD FINAN 09789C309   51,916,935 1,386,300 SH   SOLE   1,386,300 0 0
BONDBLOXX ETF TRUST USD HI YLD NON C 09789C200   23,118,643 613,500 SH   SOLE   613,500 0 0
BONDBLOXX ETF TRUST USD HI YLD CONSU 09789C101   63,839,797 1,726,800 SH   SOLE   1,726,800 0 0
BROADCOM INC COM 11135F101   41,857,500 250,000 SH   SOLE   250,000 0 0
ISHARES GOLD TR SHARES REPRESENT 46436F103   72,008,431 2,310,184 SH   SOLE   2,310,184 0 0
ISHARES INC MSCI EQUAL WEITE 464286681   9,957,976 106,400 SH   SOLE   106,400 0 0
ISHARES TR JPMORGAN USD EMG 464288281   624,898,885 6,898,100 SH   SOLE   6,898,100 0 0
ISHARES TR US TREAS BD ETF 46429B267   321,104 13,957 SH   SOLE   13,957 0 0
ISHARES TR CORE MSCI TOTAL 46432F834   5,060,229 72,470 SH   SOLE   72,470 0 0
ISHARES TR CORE S&P500 ETF 464287200   717,631,174 1,277,136 SH   SOLE   1,277,136 0 0
J P MORGAN EXCHANGE TRADED F ULTRA SHRT ETF 46641Q837   50,630,000 1,000,000 SH   SOLE   1,000,000 0 0
JANUS DETROIT STR TR HENDRSON AAA CL 47103U845   30,025,391 592,100 SH   SOLE   592,100 0 0
MICROSOFT CORP COM 594918104   134,765,010 359,000 SH   SOLE   359,000 0 0
NVIDIA CORPORATION COM 67066G104   128,972,200 1,190,000 SH   SOLE   1,190,000 0 0
SCHWAB STRATEGIC TR US TIPS ETF 808524870   23,114,650 859,595 SH   SOLE   859,595 0 0
SPDR SER TR PORTFLI HIGH YLD 78468R606   86,777,260 3,705,263 SH   SOLE   3,705,263 0 0
SSGA ACTIVE TR SPDR BRIDGEWATER 78470P630   32,720,580 1,300,500 SH   SOLE   1,300,500 0 0