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
Estimated average burden
hours per response: 23.8
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 (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
AAR CORP COM 000361105 3 90 SH   DFND   0 0 90
AARONS INC COM PAR $0.50 002535300 11 340 SH   DFND   0 0 340
ABERCROMBIE & FITCH CO CL A 002896207 7 590 SH   DFND   0 0 590
ABM INDS INC COM 000957100 5 120 SH   DFND   0 0 120
ACCENTURE PLC IRELAND SHS CLASS A G1151C101 90 770 SH   DFND   0 0 770
ADOBE SYS INC COM 00724F101 33 320 SH   DFND   0 0 320
ADTRAN INC COM 00738A106 5 210 SH   DFND   0 0 210
ADVANCED ENERGY INDS COM 007973100 7 130 SH   DFND   0 0 130
AFLAC INC COM 001055102 64 920 SH   DFND   0 0 920
AGILENT TECHNOLOGIES INC COM 00846U101 78 1,720 SH   DFND   0 0 1,720
AIR METHODS CORP COM PAR $.06 009128307 5 150 SH   DFND   0 0 150
AK STL HLDG CORP COM 001547108 8 780 SH   DFND   0 0 780
AKAMAI TECHNOLOGIES INC COM 00971T101 59 890 SH   DFND   0 0 890
ALAMO GROUP INC COM 011311107 9 120 SH   DFND   0 0 120
ALLETE INC COM NEW 018522300 4 60 SH   DFND   0 0 60
ALLSTATE CORP COM 020002101 70 940 SH   DFND   0 0 940
ALMOST FAMILY INC COM 020409108 7 170 SH   DFND   0 0 170
ALTRIA GROUP INC COM 02209S103 74 1,100 SH   DFND   0 0 1,100
AMAG PHARMACEUTICALS INC COM 00163U106 3 100 SH   DFND   0 0 100
AMBEV SA SPONSORED ADR 02319V103 7,859 1,600,704 SH   DFND 1 1,415,675 0 185,029
AMBEV SA SPONSORED ADR 02319V103 45,738 9,315,336 SH   DFND   0 0 9,315,336
AMC NETWORKS INC CL A 00164V103 4 80 SH   DFND   0 0 80
AMEDISYS INC COM 023436108 4 100 SH   DFND   0 0 100
AMEREN CORP COM 023608102 99 1,880 SH   DFND   0 0 1,880
AMERICA MOVIL SAB DE CV SPON ADR L SHS 02364W105 18,262 1,452,800 SH   DFND 1 906,664 0 546,136
AMERICAN EAGLE OUTFITTERS NE COM 02553E106 9 600 SH   DFND   0 0 600
AMERICAN ELEC PWR INC COM 025537101 86 1,360 SH   DFND   0 0 1,360
AMERICAN EXPRESS CO COM 025816109 59 790 SH   DFND   0 0 790
AMERICAN FINL GROUP INC OHIO COM 025932104 6 70 SH   DFND   0 0 70
AMERICAN INTL GROUP INC COM NEW 026874784 20 310 SH   DFND   310 0 0
AMERICAN PUBLIC EDUCATION IN COM 02913V103 8 340 SH   DFND   0 0 340
AMERICAN WOODMARK CORP COM 030506109 3 40 SH   DFND   0 0 40
AMERISOURCEBERGEN CORP COM 03073E105 36 460 SH   DFND   0 0 460
AMGEN INC COM 031162100 10 71 SH   DFND   71 0 0
ANGIODYNAMICS INC COM 03475V101 5 270 SH   DFND   0 0 270
ANIXTER INTL INC COM 035290105 6 80 SH   DFND   0 0 80
APPLE INC COM 037833100 49 423 SH   DFND   113 0 310
APPLIED INDL TECHNOLOGIES IN COM 03820C105 10 160 SH   DFND   0 0 160
APPLIED MATLS INC COM 038222105 66 2,050 SH   DFND   0 0 2,050
ARCBEST CORP COM 03937C105 6 220 SH   DFND   0 0 220
ARCHER DANIELS MIDLAND CO COM 039483102 113 2,480 SH   DFND   0 0 2,480
ARROW ELECTRS INC COM 042735100 10 140 SH   DFND   0 0 140
ATLAS AIR WORLDWIDE HLDGS IN COM NEW 049164205 5 90 SH   DFND   0 0 90
ATWOOD OCEANICS INC COM 050095108 10 790 SH   DFND   0 0 790
AVERY DENNISON CORP COM 053611109 97 1,380 SH   DFND   0 0 1,380
AVIANCA HLDGS SA SPON ADR REP PFD 05367G100 131 13,550 SH   SOLE   0 0 13,550
BAKER HUGHES INC COM 057224107 73 1,130 SH   DFND   0 0 1,130
BANCO BRADESCO S A SP ADR PFD NEW 059460303 30,928 3,550,839 SH   DFND 1 2,242,974 0 1,307,865
BANCO BRADESCO S A SP ADR PFD NEW 059460303 40,016 4,594,261 SH   DFND   0 0 4,594,261
BANCOLOMBIA S A SPON ADR PREF 05968L102 111 3,038 SH   DFND 1 3,038 0 0
BANK AMER CORP COM 060505104 27 1,242 SH   DFND   1,242 0 0
BANK NEW YORK MELLON CORP COM 064058100 61 1,280 SH   DFND   0 0 1,280
BARNES & NOBLE INC COM 067774109 3 310 SH   DFND   0 0 310
BAXTER INTL INC COM 071813109 82 1,860 SH   DFND   0 0 1,860
BED BATH & BEYOND INC COM 075896100 44 1,090 SH   DFND   0 0 1,090
BELDEN INC COM 077454106 4 60 SH   DFND   0 0 60
BEMIS INC COM 081437105 8 170 SH   DFND   0 0 170
BENCHMARK ELECTRS INC COM 08160H101 10 320 SH   DFND   0 0 320
BEST BUY INC COM 086516101 100 2,350 SH   DFND   0 0 2,350
BIG 5 SPORTING GOODS CORP COM 08915P101 9 520 SH   DFND   0 0 520
BIG LOTS INC COM 089302103 10 200 SH   DFND   0 0 200
BIGLARI HLDGS INC COM 08986R101 5 10 SH   DFND   0 0 10
BIOGEN INC COM 09062X103 101 360 SH   DFND   40 0 320
BLUCORA INC COM 095229100 8 510 SH   DFND   0 0 510
BOEING CO COM 097023105 97 621 SH   DFND   191 0 430
BRADY CORP CL A 104674106 8 210 SH   DFND   0 0 210
BRASKEM S A SP ADR PFD A 105532105 384 18,100 SH   DFND 1 10,600 0 7,500
BRF SA SPONSORED ADR 10552T107 12,309 833,910 SH   DFND 1 512,600 0 321,310
BRIGGS & STRATTON CORP COM 109043109 4 160 SH   DFND   0 0 160
BRINKER INTL INC COM 109641100 8 170 SH   DFND   0 0 170
BROOKS AUTOMATION INC COM 114340102 4 250 SH   DFND   0 0 250
BRUNSWICK CORP COM 117043109 9 160 SH   DFND   0 0 160
BUCKLE INC COM 118440106 8 350 SH   DFND   0 0 350
CA INC COM 12673P105 65 2,060 SH   DFND   0 0 2,060
CABOT CORP COM 127055101 10 200 SH   DFND   0 0 200
CABOT MICROELECTRONICS CORP COM 12709P103 8 120 SH   DFND   0 0 120
CADENCE DESIGN SYSTEM INC COM 127387108 6 230 SH   DFND   0 0 230
CALAVO GROWERS INC COM 128246105 4 70 SH   DFND   0 0 70
CALERES INC COM 129500104 10 300 SH   DFND   0 0 300
CALLAWAY GOLF CO COM 131193104 6 520 SH   DFND   0 0 520
CAMPBELL SOUP CO COM 134429109 75 1,240 SH   DFND   0 0 1,240
CAPELLA EDUCATION COMPANY COM 139594105 10 110 SH   DFND   0 0 110
CARDINAL HEALTH INC COM 14149Y108 33 460 SH   DFND   0 0 460
CAREER EDUCATION CORP COM 141665109 8 790 SH   DFND   0 0 790
CARLISLE COS INC COM 142339100 9 80 SH   DFND   0 0 80
CARTER INC COM 146229109 10 110 SH   DFND   0 0 110
CATO CORP NEW CL A 149205106 4 140 SH   DFND   0 0 140
CBS CORP NEW CL B 124857202 80 1,250 SH   DFND   0 0 1,250
CEMENTOS PACASMAYO S A A SPON ADR REP 5 15126Q109 69 7,529 SH   DFND   7,529 0 0
CEMEX SAB DE CV SPON ADR NEW 151290889 7,394 920,820 SH   DFND 1 682,786 0 238,034
CEMEX SAB DE CV SPON ADR NEW 151290889 164 20,403 SH   DFND   0 0 20,403
CENTERPOINT ENERGY INC COM 15189T107 63 2,570 SH   DFND   0 0 2,570
CENTRAL GARDEN & PET CO CL A NON-VTG 153527205 10 320 SH   DFND   0 0 320
CHARLES RIV LABS INTL INC COM 159864107 9 120 SH   DFND   0 0 120
CHART INDS INC COM PAR $0.01 16115Q308 5 130 SH   DFND   0 0 130
CHEESECAKE FACTORY INC COM 163072101 10 170 SH   DFND   0 0 170
CHICOS FAS INC COM 168615102 9 650 SH   DFND   0 0 650
CHILDRENS PL INC COM 168905107 9 90 SH   DFND   0 0 90
CIRRUS LOGIC INC COM 172755100 6 100 SH   DFND   0 0 100
CISCO SYS INC COM 17275R102 67 2,210 SH   DFND   0 0 2,210
COACH INC COM 189754104 58 1,650 SH   DFND   0 0 1,650
COCA COLA FEMSA S A B DE C V SPON ADR REP L 191241108 40 622 SH   DFND   0 0 622
COGENT COMMUNICATIONS HLDGS COM NEW 19239V302 5 110 SH   DFND   0 0 110
COLGATE PALMOLIVE CO COM 194162103 103 1,580 SH   DFND   0 0 1,580
COMCAST CORP NEW CL A 20030N101 14 200 SH   DFND   200 0 0
COMERICA INC COM 200340107 59 870 SH   DFND   0 0 870
COMMERCIAL METALS CO COM 201723103 8 390 SH   DFND   0 0 390
COMPANHIA DE SANEAMENTO BASI SPONSORED ADR 20441A102 7,356 847,468 SH   DFND 1 534,100 0 313,368
COMPANIA DE MINAS BUENAVENTU SPONSORED ADR 204448104 4,878 432,461 SH   DFND 1 271,761 0 160,700
CONAGRA BRANDS INC COM 205887102 115 2,920 SH   DFND   0 0 2,920
CONSOLIDATED EDISON INC COM 209115104 88 1,190 SH   DFND   0 0 1,190
CONVERGYS CORP COM 212485106 9 360 SH   DFND   0 0 360
COOPER STD HLDGS INC COM 21676P103 8 80 SH   DFND   0 0 80
CORELOGIC INC COM 21871D103 7 200 SH   DFND   0 0 200
COSAN LTD SHS A G25343107 2,222 295,878 SH   DFND 1 185,200 0 110,678
CRACKER BARREL OLD CTRY STOR COM 22410J106 3 20 SH   DFND   0 0 20
CRANE CO COM 224399105 9 130 SH   DFND   0 0 130
CREDICORP LTD COM G2519Y108 14,390 91,156 SH   DFND 1 59,160 0 31,996
CSG SYS INTL INC COM 126349109 6 130 SH   DFND   0 0 130
CSX CORP COM 126408103 54 1,510 SH   DFND   0 0 1,510
CUMMINS INC COM 231021106 104 760 SH   DFND   0 0 760
CURTISS WRIGHT CORP COM 231561101 8 80 SH   DFND   0 0 80
DANA INCORPORATED COM 235825205 8 430 SH   DFND   0 0 430
DANAHER CORP DEL COM 235851102 93 1,190 SH   DFND   0 0 1,190
DARDEN RESTAURANTS INC COM 237194105 81 1,110 SH   DFND   0 0 1,110
DARLING INGREDIENTS INC COM 237266101 4 290 SH   DFND   0 0 290
DBX ETF TR DB XTR MSCI EUR 233051853 813 32,050 SH   DFND   0 0 32,050
DEAN FOODS CO NEW COM NEW 242370203 11 520 SH   DFND   0 0 520
DECKERS OUTDOOR CORP COM 243537107 8 140 SH   DFND   0 0 140
DELTA AIR LINES INC DEL COM NEW 247361702 83 1,680 SH   DFND   0 0 1,680
DELUXE CORP COM 248019101 8 110 SH   DFND   0 0 110
DEVRY ED GROUP INC COM 251893103 10 330 SH   DFND   0 0 330
DICKS SPORTING GOODS INC COM 253393102 6 110 SH   DFND   0 0 110
DISCOVER FINL SVCS COM 254709108 65 900 SH   DFND   0 0 900
DISNEY WALT CO COM DISNEY 254687106 28 265 SH   DFND   265 0 0
DOMINOS PIZZA INC COM 25754A201 8 50 SH   DFND   0 0 50
DORMAN PRODUCTS INC COM 258278100 4 60 SH   DFND   0 0 60
DR PEPPER SNAPPLE GROUP INC COM 26138E109 72 790 SH   DFND   0 0 790
DREW INDS INC COM NEW 26168L205 6 60 SH   DFND   0 0 60
DRIL-QUIP INC COM 262037104 4 70 SH   DFND   0 0 70
DTE ENERGY CO COM 233331107 77 780 SH   DFND   0 0 780
DUN & BRADSTREET CORP DEL NE COM 26483E100 99 820 SH   DFND   0 0 820
DXP ENTERPRISES INC NEW COM NEW 233377407 4 110 SH   DFND   0 0 110
EASTMAN CHEM CO COM 277432100 78 1,040 SH   DFND   0 0 1,040
EATON CORP PLC SHS G29183103 57 850 SH   DFND   0 0 850
EBAY INC COM 278642103 71 2,380 SH   DFND   0 0 2,380
EBIX INC COM NEW 278715206 3 60 SH   DFND   0 0 60
EMCOR GROUP INC COM 29084Q100 7 100 SH   DFND   0 0 100
EMERSON ELEC CO COM 291011104 68 1,220 SH   DFND   0 0 1,220
ENANTA PHARMACEUTICALS INC COM 29251M106 4 110 SH   DFND   0 0 110
ENEL AMERICAS S A SPONSORED ADR 29274F104 205 25,019 SH   DFND 1 25,019 0 0
ENEL GENERACION CHILE S A SPONSORED ADR 29244T101 5,425 279,085 SH   DFND 1 174,402 0 104,683
ENERGIZER HLDGS INC NEW COM 29272W109 10 230 SH   DFND   0 0 230
ENERSYS COM 29275Y102 5 60 SH   DFND   0 0 60
ENTERGY CORP NEW COM 29364G103 71 960 SH   DFND   0 0 960
ESCO TECHNOLOGIES INC COM 296315104 4 70 SH   DFND   0 0 70
ESTERLINE TECHNOLOGIES CORP COM 297425100 10 110 SH   DFND   0 0 110
ETHAN ALLEN INTERIORS INC COM 297602104 6 150 SH   DFND   0 0 150
EVERCORE PARTNERS INC CLASS A 29977A105 5 70 SH   DFND   0 0 70
EVEREST RE GROUP LTD COM G3223R108 11 50 SH   DFND   0 0 50
EXELON CORP COM 30161N101 79 2,230 SH   DFND   0 0 2,230
EXPONENT INC COM 30214U102 3 50 SH   DFND   0 0 50
FARO TECHNOLOGIES INC COM 311642102 3 90 SH   DFND   0 0 90
FINISH LINE INC CL A 317923100 6 320 SH   DFND   0 0 320
FIRST TR EXCH TRD ALPHA FD I GERMANY ALPHA 33737J190 603 16,576 SH   DFND   0 0 16,576
FIRST TR EXCHANGE TRADED FD FINLS ALPHADEX 33734X135 3,012 111,446 SH   DFND   0 0 111,446
FIRSTENERGY CORP COM 337932107 73 2,350 SH   DFND   0 0 2,350
FLIR SYS INC COM 302445101 85 2,350 SH   DFND   0 0 2,350
FOMENTO ECONOMICO MEXICANO S SPON ADR UNITS 344419106 23,078 302,818 SH   DFND 1 186,443 0 116,375
FOOT LOCKER INC COM 344849104 67 940 SH   DFND   0 0 940
FORD MTR CO DEL COM PAR $0.01 345370860 50 4,120 SH   DFND   0 0 4,120
FOSSIL GROUP INC COM 34988V106 5 190 SH   DFND   0 0 190
FRANKLIN RES INC COM 354613101 80 2,020 SH   DFND   0 0 2,020
FTD COS INC COM 30281V108 5 220 SH   DFND   0 0 220
FTI CONSULTING INC COM 302941109 8 180 SH   DFND   0 0 180
GAMESTOP CORP NEW CL A 36467W109 7 260 SH   DFND   0 0 260
GAP INC DEL COM 364760108 34 1,520 SH   DFND   0 0 1,520
GARMIN LTD SHS H2906T109 34 710 SH   DFND   0 0 710
GARTNER INC COM 366651107 3 30 SH   DFND   0 0 30
GENERAL MTRS CO COM 37045V100 97 2,780 SH   DFND   0 0 2,780
GENESCO INC COM 371532102 6 100 SH   DFND   0 0 100
GERDAU S A SPON ADR REP PFD 373737105 857 273,000 SH   DFND 1 197,500 0 75,500
GIBRALTAR INDS INC COM 374689107 5 110 SH   DFND   0 0 110
GILEAD SCIENCES INC COM 375558103 100 1,399 SH   DFND   209 0 1,190
GPO AEROPORTUARIO DEL PAC SA SPON ADR B 400506101 72 876 SH   DFND 1 876 0 0
GRANA Y MONTERO S A A SPONSORED ADR 38500P208 167 23,408 SH   DFND 1 9,008 0 14,400
GREEN DOT CORP CL A 39304D102 9 370 SH   DFND   0 0 370
GREENBRIER COS INC COM 393657101 5 110 SH   DFND   0 0 110
GREENHILL & CO INC COM 395259104 6 220 SH   DFND   0 0 220
GREIF INC CL A 397624107 10 200 SH   DFND   0 0 200
GRUPO AEROPORTUARIO DEL SURE SPON ADR SER B 40051E202 6,523 45,331 SH   DFND 1 27,107 0 18,224
GRUPO FINANCIERO SANTANDER M SPON ADR SHS B 40053C105 22 3,112 SH   DFND 1 3,112 0 0
GRUPO TELEVISA SA SPON ADR REP ORD 40049J206 96 4,607 SH   DFND 1 4,607 0 0
HASBRO INC COM 418056107 49 630 SH   DFND   0 0 630
HAWAIIAN HOLDINGS INC COM 419879101 10 170 SH   DFND   0 0 170
HCA HOLDINGS INC COM 40412C101 90 1,210 SH   DFND   0 0 1,210
HENRY JACK & ASSOC INC COM 426281101 4 40 SH   DFND   0 0 40
HEWLETT PACKARD ENTERPRISE C COM 42824C109 64 2,760 SH   DFND   0 0 2,760
HIBBETT SPORTS INC COM 428567101 5 130 SH   DFND   0 0 130
HILLENBRAND INC COM 431571108 5 120 SH   DFND   0 0 120
HNI CORP COM 404251100 6 100 SH   DFND   0 0 100
HONEYWELL INTL INC COM 438516106 60 520 SH   DFND   0 0 520
HP INC COM 40434L105 64 4,280 SH   DFND   0 0 4,280
HSN INC COM 404303109 4 110 SH   DFND   0 0 110
HUBBELL INC COM 443510607 8 70 SH   DFND   0 0 70
HUNTINGTON INGALLS INDS INC COM 446413106 9 50 SH   DFND   0 0 50
ICONIX BRAND GROUP INC COM 451055107 6 630 SH   DFND   0 0 630
INGERSOLL-RAND PLC SHS G47791101 108 1,440 SH   DFND   0 0 1,440
INGREDION INC COM 457187102 11 90 SH   DFND   0 0 90
INNOPHOS HOLDINGS INC COM 45774N108 5 100 SH   DFND   0 0 100
INTEL CORP COM 458140100 49 1,360 SH   DFND   0 0 1,360
INTERDIGITAL INC COM 45867G101 5 60 SH   DFND   0 0 60
INTERNATIONAL BUSINESS MACHS COM 459200101 58 350 SH   DFND   0 0 350
IROBOT CORP COM 462726100 8 130 SH   DFND   0 0 130
ISHARES ALL PERU CAP ETF 464289842 190 5,787 SH   DFND   0 0 5,787
ISHARES MIN VOL EMRG MKT 464286533 5,787 118,319 SH Call DFND   0 0 118,319
ISHARES MIN VOL EMRG MKT 464286533 2,116 43,262 SH   DFND 1 43,262 0 0
ISHARES MIN VOL GBL ETF 464286525 5,755 79,260 SH Call DFND   0 0 79,260
ISHARES MSCI BRZ CAP ETF 464286400 575 17,246 SH   DFND   0 0 17,246
ISHARES MSCI EM ASIA ETF 464286426 1,500 28,650 SH   DFND   0 0 28,650
ISHARES MSCI EURZONE ETF 464286608 812 23,470 SH   DFND   0 0 23,470
ISHARES MSCI FRANCE ETF 464286707 1,075 43,591 SH   DFND   0 0 43,591
ISHARES MSCI GERMANY ETF 464286806 697 26,339 SH   DFND   0 0 26,339
ISHARES MSCI HONG KG ETF 464286871 349 17,908 SH   DFND   0 0 17,908
ISHARES MSCI PAC JP ETF 464286665 526 13,300 SH   DFND   0 0 13,300
ISHARES MSCI SPAN CP ETF 464286764 1,658 62,550 SH   DFND   0 0 62,550
ISHARES MSCI STH AFR ETF 464286780 173 3,300 SH   DFND   0 0 3,300
ISHARES MSCI STH KOR ETF 464286772 924 17,363 SH   DFND   0 0 17,363
ISHARES MSCI SZ CAP ETF 464286749 245 8,300 SH   DFND   0 0 8,300
ISHARES INC CORE MSCI EMKT 46434G103 1,174 27,650 SH   DFND   0 0 27,650
ISHARES INC MSCI JPN ETF NEW 46434G822 4,029 82,461 SH   DFND 1 82,461 0 0
ISHARES INC MSCI JPN ETF NEW 46434G822 3,094 63,332 SH   DFND   0 0 63,332
ISHARES TR 7-10 Y TR BD ETF 464287440 1,174 11,200 SH   DFND   0 0 11,200
ISHARES TR CHINA ETF 46429B671 210 4,800 SH   DFND   0 0 4,800
ISHARES TR CHINA LG-CAP ETF 464287184 980 28,225 SH   DFND   0 0 28,225
ISHARES TR CORE MSCI EURO 46434V738 1,619 39,800 SH   DFND   0 0 39,800
ISHARES TR CORE US AGGBD ET 464287226 4,633 42,875 SH   DFND   0 0 42,875
ISHARES TR CUR HD EURZN ETF 46434V639 1,185 44,566 SH   DFND   0 0 44,566
ISHARES TR EUROPE ETF 464287861 1,956 50,400 SH   DFND   0 0 50,400
ISHARES TR HDG MSCI GERMN 46434V704 26 1,000 SH   DFND   0 0 1,000
ISHARES TR IBOXX HI YD ETF 464288513 3,830 44,250 SH   DFND   0 0 44,250
ISHARES TR IBOXX INV CP ETF 464287242 13,548 115,613 SH   DFND 1 115,613 0 0
ISHARES TR IBOXX INV CP ETF 464287242 6,966 59,450 SH   DFND   0 0 59,450
ISHARES TR INTERM CR BD ETF 464288638 25,970 240,038 SH   DFND 1 0 0 240,038
ISHARES TR JP MOR EM MK ETF 464288281 3,376 30,650 SH   DFND   0 0 30,650
ISHARES TR LATN AMER 40 ETF 464287390 924 33,502 SH   DFND   0 0 33,502
ISHARES TR MSCI ACWI ETF 464288257 7,013 118,525 SH   DFND   0 0 118,525
ISHARES TR MSCI EAFE ETF 464287465 15,395 266,677 SH   DFND   0 0 266,677
ISHARES TR MSCI EMG MKT ETF 464287234 8,440 241,083 SH   DFND   0 0 241,083
ISHARES TR MSCI PHILIPS ETF 46429B408 119 3,684 SH   DFND   0 0 3,684
ISHARES TR MSCI UK ETF NEW 46435G334 1,004 32,700 SH   DFND   0 0 32,700
ISHARES TR RUS 1000 GRW ETF 464287614 192 1,830 SH   DFND   0 0 1,830
ISHARES TR RUS 1000 VAL ETF 464287598 367 3,273 SH   DFND   0 0 3,273
ISHARES TR RUS 2000 VAL ETF 464287630 433 3,640 SH   DFND   0 0 3,640
ISHARES TR RUSSELL 2000 ETF 464287655 1,943 14,405 SH   DFND   0 0 14,405
ISHARES TR RUSSELL 3000 ETF 464287689 312 2,344 SH   DFND   0 0 2,344
ISHARES TR SHRT TRS BD ETF 464288679 540 4,896 SH   DFND   0 0 4,896
ISHARES TR TIPS BD ETF 464287176 41,273 364,698 SH   DFND 1 364,698 0 0
ISHARES TR U.S. ENERGY ETF 464287796 46 1,114 SH   DFND   0 0 1,114
ISHARES TR U.S. FINLS ETF 464287788 2,996 29,531 SH   DFND   0 0 29,531
ISHARES TR U.S. REAL ES ETF 464287739 185 2,404 SH   DFND   0 0 2,404
ITAU UNIBANCO HLDG SA SPON ADR REP PFD 465562106 37,252 3,623,732 SH   DFND 1 2,287,484 0 1,336,248
ITRON INC COM 465741106 4 60 SH   DFND   0 0 60
JACK IN THE BOX INC COM 466367109 9 80 SH   DFND   0 0 80
JACOBS ENGR GROUP INC DEL COM 469814107 99 1,730 SH   DFND   0 0 1,730
JETBLUE AIRWAYS CORP COM 477143101 7 290 SH   DFND   0 0 290
JOHNSON & JOHNSON COM 478160104 74 640 SH   DFND   0 0 640
JUNIPER NETWORKS INC COM 48203R104 63 2,230 SH   DFND   0 0 2,230
KAMAN CORP COM 483548103 4 90 SH   DFND   0 0 90
KB HOME COM 48666K109 6 390 SH   DFND   0 0 390
KELLY SVCS INC CL A 488152208 6 240 SH   DFND   0 0 240
KEYCORP NEW COM 493267108 61 3,360 SH   DFND   0 0 3,360
KOHLS CORP COM 500255104 73 1,480 SH   DFND   0 0 1,480
KULICKE & SOFFA INDS INC COM 501242101 10 630 SH   DFND   0 0 630
LA Z BOY INC COM 505336107 5 150 SH   DFND   0 0 150
LANCASTER COLONY CORP COM 513847103 4 30 SH   DFND   0 0 30
LANDSTAR SYS INC COM 515098101 10 120 SH   DFND   0 0 120
LATAM AIRLS GROUP S A SPONSORED ADR 51817R106 70 8,569 SH   DFND 1 8,569 0 0
LEIDOS HLDGS INC COM 525327102 4 70 SH   DFND   0 0 70
LENNOX INTL INC COM 526107107 3 20 SH   DFND   0 0 20
LHC GROUP INC COM 50187A107 5 120 SH   DFND   0 0 120
LINCOLN ELEC HLDGS INC COM 533900106 4 50 SH   DFND   0 0 50
LYONDELLBASELL INDUSTRIES N SHS - A - N53745100 56 650 SH   DFND   0 0 650
MACYS INC COM 55616P104 48 1,350 SH   DFND   0 0 1,350
MADDEN STEVEN LTD COM 556269108 5 150 SH   DFND   0 0 150
MANPOWERGROUP INC COM 56418H100 10 110 SH   DFND   0 0 110
MASCO CORP COM 574599106 68 2,140 SH   DFND   0 0 2,140
MEDIFAST INC COM 58470H101 5 130 SH   DFND   0 0 130
MEREDITH CORP COM 589433101 5 80 SH   DFND   0 0 80
MICHAEL KORS HLDGS LTD SHS G60754101 93 2,170 SH   DFND   0 0 2,170
MICROSTRATEGY INC CL A NEW 594972408 6 30 SH   DFND   0 0 30
MILLER HERMAN INC COM 600544100 11 310 SH   DFND   0 0 310
MOLINA HEALTHCARE INC COM 60855R100 5 90 SH   DFND   0 0 90
MONDELEZ INTL INC CL A 609207105 27 606 SH   DFND   606 0 0
MORGAN STANLEY COM NEW 617446448 27 652 SH   DFND   652 0 0
MOTOROLA SOLUTIONS INC COM NEW 620076307 39 470 SH   DFND   0 0 470
MOVADO GROUP INC COM 624580106 10 340 SH   DFND   0 0 340
MSC INDL DIRECT INC CL A 553530106 5 50 SH   DFND   0 0 50
MSCI INC COM 55354G100 5 60 SH   DFND   0 0 60
MYR GROUP INC DEL COM 55405W104 6 150 SH   DFND   0 0 150
NANOMETRICS INC COM 630077105 4 150 SH   DFND   0 0 150
NATIONAL PRESTO INDS INC COM 637215104 4 40 SH   DFND   0 0 40
NAVIGANT CONSULTING INC COM 63935N107 8 310 SH   DFND   0 0 310
NCR CORP NEW COM 62886E108 10 250 SH   DFND   0 0 250
NETAPP INC COM 64110D104 51 1,440 SH   DFND   0 0 1,440
NORTHROP GRUMMAN CORP COM 666807102 67 290 SH   DFND   0 0 290
ORACLE CORP COM 68389X105 19 507 SH   DFND   507 0 0
OSHKOSH CORP COM 688239201 6 100 SH   DFND   0 0 100
OWENS & MINOR INC NEW COM 690732102 6 160 SH   DFND   0 0 160
OXFORD INDS INC COM 691497309 4 60 SH   DFND   0 0 60
PAPA JOHNS INTL INC COM 698813102 5 60 SH   DFND   0 0 60
PARKER HANNIFIN CORP COM 701094104 55 390 SH   DFND   0 0 390
PEPSICO INC COM 713448108 112 1,070 SH   DFND   0 0 1,070
PETROLEO BRASILEIRO SA PETRO SP ADR NON VTG 71654V101 12,499 1,418,697 SH   DFND 1 902,100 0 516,597
PETROLEO BRASILEIRO SA PETRO SP ADR NON VTG 71654V101 45,704 5,187,730 SH   DFND   0 0 5,187,730
PETROLEO BRASILEIRO SA PETRO SPONSORED ADR 71654V408 18,810 1,860,527 SH   DFND 1 1,137,800 0 722,727
PG&E CORP COM 69331C108 44 720 SH   DFND   0 0 720
PIPER JAFFRAY COS COM 724078100 9 130 SH   DFND   0 0 130
PLANTRONICS INC NEW COM 727493108 5 90 SH   DFND   0 0 90
PLEXUS CORP COM 729132100 4 80 SH   DFND   0 0 80
PNC FINL SVCS GROUP INC COM 693475105 68 580 SH   DFND   0 0 580
POWERSHARES ETF TR II FDM HG YLD RAFI 73936T557 75 4,000 SH   DFND   0 0 4,000
PRICELINE GRP INC COM NEW 741503403 29 20 SH   DFND   20 0 0
PRIMERICA INC COM 74164M108 3 50 SH   DFND   0 0 50
PROCTER AND GAMBLE CO COM 742718109 109 1,300 SH   DFND   0 0 1,300
PUBLIC SVC ENTERPRISE GROUP COM 744573106 96 2,190 SH   DFND   0 0 2,190
PVH CORP COM 693656100 81 900 SH   DFND   0 0 900
QUALITY SYS INC COM 747582104 3 260 SH   DFND   0 0 260
QUANTA SVCS INC COM 74762E102 57 1,640 SH   DFND   0 0 1,640
QUEST DIAGNOSTICS INC COM 74834L100 92 1,000 SH   DFND   0 0 1,000
RALPH LAUREN CORP CL A 751212101 53 590 SH   DFND   0 0 590
RE MAX HLDGS INC CL A 75524W108 6 110 SH   DFND   0 0 110
REGAL BELOIT CORP COM 758750103 6 80 SH   DFND   0 0 80
REINSURANCE GROUP AMER INC COM NEW 759351604 9 70 SH   DFND   0 0 70
RELIANCE STEEL & ALUMINUM CO COM 759509102 10 130 SH   DFND   0 0 130
RENT A CTR INC NEW COM 76009N100 10 860 SH   DFND   0 0 860
REX AMERICAN RESOURCES CORP COM 761624105 6 60 SH   DFND   0 0 60
ROCKWELL AUTOMATION INC COM 773903109 50 370 SH   DFND   0 0 370
ROGERS CORP COM 775133101 5 60 SH   DFND   0 0 60
ROSS STORES INC COM 778296103 42 640 SH   DFND   0 0 640
ROWAN COMPANIES PLC SHS CL A G7665a101 8 400 SH   DFND   0 0 400
RUDOLPH TECHNOLOGIES INC COM 781270103 4 190 SH   DFND   0 0 190
SAIA INC COM 78709Y105 5 110 SH   DFND   0 0 110
SANDERSON FARMS INC COM 800013104 11 120 SH   DFND   0 0 120
SANMINA CORPORATION COM 801056102 7 180 SH   DFND   0 0 180
SCANA CORP NEW COM 80589M102 62 840 SH   DFND   0 0 840
SELECT SECTOR SPDR TR RL EST SEL SEC 81369Y860 632 20,544 SH   DFND   0 0 20,544
SELECT SECTOR SPDR TR SBI CONS DISCR 81369Y407 6,297 77,355 SH   DFND   0 0 77,355
SELECT SECTOR SPDR TR SBI CONS STPLS 81369Y308 2,171 41,980 SH   DFND   0 0 41,980
SELECT SECTOR SPDR TR SBI HEALTHCARE 81369Y209 3,123 45,300 SH   DFND   0 0 45,300
SELECT SECTOR SPDR TR SBI INT-ENERGY 81369Y506 5,206 69,115 SH   DFND   0 0 69,115
SELECT SECTOR SPDR TR SBI INT-FINL 81369Y605 3,985 171,400 SH   DFND   0 0 171,400
SELECT SECTOR SPDR TR SBI INT-INDS 81369Y704 2,382 38,290 SH   DFND   0 0 38,290
SELECT SECTOR SPDR TR SBI INT-UTILS 81369Y886 1,086 22,360 SH   DFND   0 0 22,360
SELECT SECTOR SPDR TR SBI MATERIALS 81369Y100 655 13,180 SH   DFND   0 0 13,180
SELECT SECTOR SPDR TR TECHNOLOGY 81369Y803 5,604 115,879 SH   DFND   0 0 115,879
SHOE CARNIVAL INC COM 824889109 4 140 SH   DFND   0 0 140
SKECHERS U S A INC CL A 830566105 6 250 SH   DFND   0 0 250
SMITH A O COM 831865209 10 210 SH   DFND   0 0 210
SOCIEDAD QUIMICA MINERA DE C SPON ADR SER B 833635105 3,468 121,045 SH   DFND 1 78,427 0 42,618
SONOCO PRODS CO COM 835495102 8 160 SH   DFND   0 0 160
SPDR INDEX SHS FDS ASIA PACIF ETF 78463X301 1,768 23,534 SH   DFND   0 0 23,534
SPDR INDEX SHS FDS EUROPE ETF 78463X608 472 17,014 SH   DFND   0 0 17,014
SPDR S&P 500 ETF TR TR UNIT 78462F103 1,864 1,000 SH Put DFND   0 0 1,000
SPDR S&P 500 ETF TR TR UNIT 78462F103 95,268 426,199 SH   DFND 1 426,199 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 13,461 60,219 SH   DFND   0 0 60,219
SPDR S&P 500 ETF TR TR UNIT 78462F103 37,319 168,100 SH   SOLE   0 0 168,100
SPDR SERIES TRUST BLOMBRG BRC INTR 78464A375 2,029 59,836 SH   DFND 1 0 0 59,836
SPDR SERIES TRUST BLOOMBERG BRCLYS 78464A417 47 1,300 SH   DFND   0 0 1,300
SPDR SERIES TRUST DJ REIT ETF 78464A607 186 1,993 SH   DFND   0 0 1,993
SPDR SERIES TRUST S&P OILGAS EXP 78464A730 207 5,000 SH   SOLE   0 0 5,000
STANDARD MTR PRODS INC COM 853666105 4 70 SH   DFND   0 0 70
STANLEY BLACK & DECKER INC COM 854502101 60 520 SH   DFND   0 0 520
STEEL DYNAMICS INC COM 858119100 10 290 SH   DFND   0 0 290
STRAYER ED INC COM 863236105 6 80 SH   DFND   0 0 80
SUPERVALU INC COM 868536103 4 860 SH   DFND   0 0 860
SYNCHRONY FINL COM 87165B103 84 2,320 SH   DFND   0 0 2,320
SYNGENTA AG SPONSORED ADR 87160A100 2,769 6,999 SH   DFND   0 0 6,999
SYNNEX CORP COM 87162W100 11 90 SH   DFND   0 0 90
SYNOPSYS INC COM 871607107 6 100 SH   DFND   0 0 100
SYSCO CORP COM 871829107 45 810 SH   DFND   0 0 810
TECH DATA CORP COM 878237106 10 120 SH   DFND   0 0 120
TELEDYNE TECHNOLOGIES INC COM 879360105 4 30 SH   DFND   0 0 30
TELEFONICA BRASIL SA SPONSORED ADR 87936R106 7,267 543,100 SH   DFND 1 296,700 0 246,400
TERADATA CORP DEL COM 88076W103 37 1,380 SH   DFND   0 0 1,380
TERADYNE INC COM 880770102 11 420 SH   DFND   0 0 420
TEXAS INSTRS INC COM 882508104 32 440 SH   DFND   0 0 440
THOR INDS INC COM 885160101 10 100 SH   DFND   0 0 100
TJX COS INC NEW COM 872540109 29 380 SH   DFND   0 0 380
TOPBUILD CORP COM 89055F103 4 110 SH   DFND   0 0 110
TORO CO COM 891092108 3 60 SH   DFND   0 0 60
TTM TECHNOLOGIES INC COM 87305R109 7 500 SH   DFND   0 0 500
TYSON FOODS INC CL A 902494103 117 1,890 SH   DFND   0 0 1,890
ULTRAPAR PARTICIPACOES S A SP ADR REP COM 90400P101 7,270 350,541 SH   DFND 1 218,241 0 132,300
UNITED CONTL HLDGS INC COM 910047109 114 1,560 SH   DFND   0 0 1,560
UNITED NAT FOODS INC COM 911163103 5 110 SH   DFND   0 0 110
UNITED THERAPEUTICS CORP DEL COM 91307C102 11 80 SH   DFND   0 0 80
UNITEDHEALTH GROUP INC COM 91324P102 88 550 SH   DFND   0 0 550
UNIVERSAL CORP VA COM 913456109 4 70 SH   DFND   0 0 70
URBAN OUTFITTERS INC COM 917047102 48 1,670 SH   DFND   0 0 1,670
VALE S A ADR 91912E105 11,318 1,485,350 SH   DFND 1 916,400 0 568,950
VALE S A ADR REPSTG PFD 91912E204 3,525 511,665 SH   DFND 1 476,400 0 35,265
VALE S A ADR REPSTG PFD 91912E204 3,069 446,682 SH   DFND   0 0 446,682
VALERO ENERGY CORP NEW COM 91913Y100 99 1,450 SH   DFND   0 0 1,450
VANECK VECTORS ETF TR BRAZIL SMALL CP 92189F825 402 25,317 SH   DFND   0 0 25,317
VANECK VECTORS ETF TR RUSSIA ETF 92189F403 2,536 119,500 SH   DFND   0 0 119,500
VANGUARD INDEX FDS GROWTH ETF 922908736 190 1,708 SH   DFND   0 0 1,708
VANGUARD INDEX FDS REIT ETF 922908553 248 3,000 SH   DFND   0 0 3,000
VANGUARD INDEX FDS S&P 500 ETF SHS 922908363 4,547 22,148 SH   DFND   0 0 22,148
VANGUARD INDEX FDS SMALL CP ETF 922908751 431 3,339 SH   DFND   0 0 3,339
VANGUARD INTL EQUITY INDEX F FTSE EMR MKT ETF 922042858 1,326 37,050 SH   DFND   0 0 37,050
VANGUARD INTL EQUITY INDEX F FTSE EUROPE ETF 922042874 31,394 654,869 SH   DFND 1 654,869 0 0
VANGUARD INTL EQUITY INDEX F FTSE EUROPE ETF 922042874 5,481 114,337 SH   DFND   0 0 114,337
VANGUARD INTL EQUITY INDEX F FTSE PACIFIC ETF 922042866 49 840 SH   DFND   0 0 840
VANGUARD INTL EQUITY INDEX F TT WRLD ST ETF 922042742 2,227 36,500 SH   DFND   0 0 36,500
VANGUARD WORLD FDS CONSUM STP ETF 92204A207 601 4,482 SH   DFND   0 0 4,482
VANGUARD WORLD FDS HEALTH CAR ETF 92204A504 3,845 30,330 SH   DFND   0 0 30,330
VANGUARD WORLD FDS INDUSTRIAL ETF 92204A603 3,336 27,973 SH   DFND   0 0 27,973
VANGUARD WORLD FDS INF TECH ETF 92204A702 3,633 29,904 SH   DFND   0 0 29,904
VERA BRADLEY INC COM 92335C106 7 620 SH   DFND   0 0 620
VIAD CORP COM NEW 92552R406 4 100 SH   DFND   0 0 100
VISHAY INTERTECHNOLOGY INC COM 928298108 9 570 SH   DFND   0 0 570
WAL-MART STORES INC COM 931142103 62 900 SH   DFND   0 0 900
WATSCO INC COM 942622200 3 20 SH   DFND   0 0 20
WELLCARE HEALTH PLANS INC COM 94946T106 11 80 SH   DFND   0 0 80
WILEY JOHN & SONS INC CL A 968223206 5 100 SH   DFND   0 0 100
WISDOMTREE TR DIV EX-FINL FD 97717W406 365 4,549 SH   DFND   0 0 4,549
WISDOMTREE TR EMER MKT HIGH FD 97717W315 253 6,766 SH   DFND   0 0 6,766
WISDOMTREE TR EUROPE HEDGED EQ 97717X701 1,237 21,548 SH   DFND   0 0 21,548
WISDOMTREE TR INDIA ERNGS FD 97717W422 1,543 76,400 SH   DFND   0 0 76,400
WISDOMTREE TR INTL EQUITY FD 97717W703 340 7,325 SH   DFND   0 0 7,325
WISDOMTREE TR JAPN HEDGE EQT 97717W851 1,887 38,099 SH   DFND   0 0 38,099
WORLD ACCEP CORP DEL COM 981419104 10 150 SH   DFND   0 0 150
WORLD FUEL SVCS CORP COM 981475106 6 120 SH   DFND   0 0 120
WORTHINGTON INDS INC COM 981811102 8 160 SH   DFND   0 0 160
XEROX CORP COM 984121103 70 7,980 SH   DFND   0 0 7,980
YAMANA GOLD INC COM 98462Y100 711 253,000 SH   DFND   0 0 253,000
YPF SOCIEDAD ANONIMA SPON ADR CL D 984245100 3,199 193,858 SH   DFND 1 120,047 0 73,811
ZUMIEZ INC COM 989817101 4 180 SH   DFND   0 0 180