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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
APTIV PLC SHS G6095L109 4,414 49,551 SH   DFND 1,2 49,551 0 0
AUTOLIV INC COM 052800109 4,473 62,497 SH   DFND 1,2 62,497 0 0
AUTONATION INC COM 05329W102 1,173 10,500 SH   DFND 1,2 10,500 0 0
BORGWARNER INC COM 099724106 3,344 100,200 SH   DFND 1,2 100,200 0 0
GENERAL MTRS CO COM 37045V100 3,675 115,720 SH   DFND 1,2 115,720 0 0
GROUP 1 AUTOMOTIVE INC COM 398905109 1,111 6,541 SH   DFND 1,2 6,541 0 0
ISHARES GOLD TR ISHARES NEW 464285204 53,437 1,557,487 SH   DFND 1,2 1,557,487 0 0
ISHARES INC MSCI BRAZIL ETF 464286400 263 9,597 SH   DFND 1,2 9,597 0 0
KT CORP SPONSORED ADR 48268K101 6,270 449,110 SH   DFND 1,2 449,110 0 0
LEAR CORP COM NEW 521865204 4,483 35,610 SH   DFND 1,2 35,610 0 0
MERCADOLIBRE INC COM 58733R102 764 1,200 SH   DFND 1,2 1,200 0 0
VANECK ETF TRUST GOLD MINERS ETF 92189F106 1,616 59,014 SH   DFND 1,2 59,014 0 0
VANECK ETF TRUST JUNIOR GOLD MINE 92189F791 1,300 40,627 SH   DFND 1,2 40,627 0 0