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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
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 FIGI (to the nearest dollar) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
SELECT SECTOR SPDR TR SBI HEALTHCARE 81369Y209   11,219,718 87,490 SH   DFND 34 87,490 0 0
SELECT SECTOR SPDR TR SBI CONS STPLS 81369Y308   1,934,424 26,800 SH   DFND 34 26,800 0 0
SELECT SECTOR SPDR TR ENERGY 81369Y506   1,362,266 19,050 SH   DFND 34 19,050 0 0
SELECT SECTOR SPDR TR SBI INT-FINL 81369Y605   2,834,903 90,140 SH   DFND 34 90,140 0 0
SELECT SECTOR SPDR TR SBI INT-UTILS 81369Y886   10,818,254 154,260 SH   DFND 34 154,260 0 0