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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 (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
SELECT SECTOR SPDR TR ENERGY 81369Y506 43,920 664,248 SH   SOLE   664,248 0 0
SELECT SECTOR SPDR TR SBI HEALTHCARE 81369Y209 31,932 348,028 SH   SOLE   348,028 0 0
SELECT SECTOR SPDR TR SBI INT-FINL 81369Y605 59,160 2,301,051 SH   SOLE   2,301,051 0 0
SELECT SECTOR SPDR TR TECHNOLOGY 81369Y803 11,917 161,042 SH   SOLE   161,042 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 46,712 165,365 SH   SOLE   165,365 0 0
VANGUARD INDEX FDS S&P 500 ETF SHS 922908363 21,792 83,965 SH   SOLE   83,965 0 0
VANGUARD INTL EQUITY INDEX F FTSE EUROPE ETF 922042874 17,482 326,094 SH   SOLE   326,094 0 0
HALLADOR ENERGY COMPANY COM 40609P105 36 6,119 SH   SOLE   6,119 0 0
RHYTHM PHARMACEUTICALS INC COM 76243J105 217 7,174 SH   SOLE   7,174 0 0
SMARTSHEET INC COM CL A 83200N103 15,284 342,118 SH   SOLE   342,118 0 0
ISHARES TR MSCI INDIA ETF 46429B598 1,015 28,802 SH   SOLE   28,802 0 0
ISHARES TR RUSSELL 2000 ETF 464287655 3,444 22,498 SH   SOLE   22,498 0 0
SELECT SECTOR SPDR TR SBI INT-UTILS 81369Y886 1,002 17,224 SH   SOLE   17,224 0 0