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
ABBVIE INC COM 00287Y109 2,324 26,250 SH   DFND 9 26,250 0 0
ABERCROMBIE & FITCH CO CL A 002896207 290 16,800 SH   DFND 9 16,800 0 0
ACCO BRANDS CORP COM 00081T108 479 51,200 SH   DFND 9 51,200 0 0
AES CORP COM 00130H105 2,101 105,600 SH   DFND 9 105,600 0 0
AIRCASTLE LTD COM G0129K104 525 16,400 SH   DFND 9 16,400 0 0
ALASKA AIR GROUP INC COM 011659109 281 4,153 SH   DFND 9 4,153 0 0
ALLIANT ENERGY CORP COM 018802108 2,845 52,000 SH   DFND 9 52,000 0 0
ALLY FINL INC COM 02005N100 1,950 63,800 SH   DFND 9 63,800 0 0
AMBEV SA SPONSORED ADR 02319V103 743 159,400 SH   DFND 9 159,400 0 0
AMDOCS LTD SHS G02602103 1,364 18,900 SH   DFND 9 18,900 0 0
AMERICAN ELEC PWR CO INC COM 025537101 7,410 78,400 SH   DFND 9 78,400 0 0
AMERIPRISE FINL INC COM 03076C106 916 5,500 SH   DFND 9 5,500 0 0
AMERISOURCEBERGEN CORP COM 03073E105 6,019 70,800 SH   DFND 9 70,800 0 0
AMGEN INC COM 031162100 4,725 19,600 SH   DFND 9 19,600 0 0
ANHEUSER BUSCH INBEV SA/NV SPONSORED ADR 03524A108 1,805 22,000 SH   DFND 9 22,000 0 0
APACHE CORP COM 037411105 4,782 186,877 SH   DFND 9 186,877 0 0
APOLLO GLOBAL MGMT INC COM CL A 03768E105 2,004 42,000 SH   DFND 9 42,000 0 0
APPLE INC COM 037833100 32,302 110,000 SH   DFND 9 110,000 0 0
AQUA AMERICA INC COM 03836W103 2,952 62,883 SH   DFND 9 62,883 0 0
ARCH COAL INC CL A 039380407 208 2,900 SH   DFND 9 2,900 0 0
ARCHROCK INC COM 03957W106 771 76,779 SH   DFND 9 76,779 0 0
ARCOS DORADOS HOLDINGS INC SHS CLASS -A - G0457F107 134 16,500 SH   DFND 9 16,500 0 0
ARES CAP CORP COM 04010L103 1,846 99,000 SH   DFND 9 99,000 0 0
ASTRAZENECA PLC SPONSORED ADR 046353108 3,091 62,000 SH   DFND 9 62,000 0 0
AT&T INC COM 00206R102 8,531 218,300 SH   DFND 9 218,300 0 0
ATLANTICA YIELD PLC SHS G0751N103 296 11,200 SH   DFND 9 11,200 0 0
AUTOMATIC DATA PROCESSING IN COM 053015103 3,069 18,000 SH   DFND 9 18,000 0 0
AVANGRID INC COM 05351W103 750 14,656 SH   DFND 9 14,656 0 0
AVERY DENNISON CORP COM 053611109 2,643 20,200 SH   DFND 9 20,200 0 0
AVISTA CORP COM 05379B107 697 14,500 SH   DFND 9 14,500 0 0
AXA EQUITABLE HLDGS INC COM 054561105 7,378 297,748 SH   DFND 9 297,748 0 0
B & G FOODS INC NEW COM 05508R106 929 51,800 SH   DFND 9 51,800 0 0
BAKER HUGHES COMPANY CL A 05722G100 4,478 174,700 SH   DFND 9 174,700 0 0
BANCO BBVA ARGENTINA SA SPONSORED ADS 058934100 323 58,000 SH   DFND 9 58,000 0 0
BANCO MACRO SA SPON ADR B 05961W105 1,624 44,800 SH   DFND 9 44,800 0 0
BANK AMER CORP COM 060505104 5,158 146,462 SH   DFND 9 146,462 0 0
BANK HAWAII CORP COM 062540109 476 5,000 SH   DFND 9 5,000 0 0
BANK OZK COM 06417N103 1,068 35,000 SH   DFND 9 35,000 0 0
BCE INC COM NEW 05534B760 806 17,400 SH   DFND 9 17,400 0 0
BED BATH & BEYOND INC COM 075896100 324 18,700 SH   DFND 9 18,700 0 0
BERKLEY W R CORP COM 084423102 705 10,200 SH   DFND 9 10,200 0 0
BEST BUY INC COM 086516101 6,708 76,400 SH   DFND 9 76,400 0 0
BLACK HILLS CORP COM 092113109 1,508 19,200 SH   DFND 9 19,200 0 0
BLOCK H & R INC COM 093671105 3,924 167,100 SH   DFND 9 167,100 0 0
BRINKER INTL INC COM 109641100 1,642 39,100 SH   DFND 9 39,100 0 0
BRISTOL MYERS SQUIBB CO COM 110122108 2,375 37,000 SH   DFND 9 37,000 0 0
BUCKLE INC COM 118440106 919 34,000 SH   DFND 9 34,000 0 0
CABOT OIL & GAS CORP COM 127097103 2,532 145,414 SH   DFND 9 145,414 0 0
CAMPBELL SOUP CO COM 134429109 1,206 24,400 SH   DFND 9 24,400 0 0
CAPITAL ONE FINL CORP COM 14040H105 13,162 127,900 SH   DFND 9 127,900 0 0
CAPITAL PRODUCT PARTNERS L P PARTNERSHP UNITS Y11082206 218 16,247 SH   DFND 9 16,247 0 0
CARTERS INC COM 146229109 2,165 19,800 SH   DFND 9 19,800 0 0
CELANESE CORP DEL COM 150870103 6,612 53,700 SH   DFND 9 53,700 0 0
CEMTREX INC *W EXP 12/02/202 15130G113 0 30,000 SH   DFND 9 30,000 0 0
CENTRAL PAC FINL CORP COM NEW 154760409 219 7,400 SH   DFND 9 7,400 0 0
CENTRAL PUERTO S A SPONSORED ADR 155038201 156 32,200 SH   DFND 9 32,200 0 0
CF INDS HLDGS INC COM 125269100 4,540 95,100 SH   DFND 9 95,100 0 0
CHEMOURS CO COM 163851108 631 34,900 SH   DFND 9 34,900 0 0
CHEVRON CORP NEW COM 166764100 2,507 20,800 SH   DFND 9 20,800 0 0
CHILDRENS PL INC COM 168905107 531 8,487 SH   DFND 9 8,487 0 0
CHINA LIFE INS CO LTD SPON ADR REP H 16939P106 289 20,900 SH   DFND 9 20,900 0 0
CINCINNATI FINL CORP COM 172062101 1,209 11,500 SH   DFND 9 11,500 0 0
CIT GROUP INC COM NEW 125581801 2,450 53,700 SH   DFND 9 53,700 0 0
CITIGROUP INC COM NEW 172967424 3,699 46,300 SH   DFND 9 46,300 0 0
CITIZENS FINL GROUP INC COM 174610105 2,644 65,100 SH   DFND 9 65,100 0 0
CLEARWAY ENERGY INC CL A 18539C105 250 13,100 SH   DFND 9 13,100 0 0
CLEARWAY ENERGY INC CL C 18539C204 677 33,950 SH   DFND 9 33,950 0 0
CLEVELAND CLIFFS INC COM 185899101 502 59,800 SH   DFND 9 59,800 0 0
CLOROX CO DEL COM 189054109 6,756 44,000 SH   DFND 9 44,000 0 0
CMS ENERGY CORP COM 125896100 4,818 76,674 SH   DFND 9 76,674 0 0
CNA FINL CORP COM 126117100 215 4,800 SH   DFND 9 4,800 0 0
COCA COLA CO COM 191216100 6,199 111,991 SH   DFND 9 111,991 0 0
COCA COLA EUROPEAN PARTNERS SHS G25839104 1,883 37,000 SH   DFND 9 37,000 0 0
COLGATE PALMOLIVE CO COM 194162103 7,029 102,100 SH   DFND 9 102,100 0 0
COLUMBIA BKG SYS INC COM 197236102 273 6,700 SH   DFND 9 6,700 0 0
COMERICA INC COM 200340107 620 8,648 SH   DFND 9 8,648 0 0
COMPANHIA DE SANEAMENTO BASI SPONSORED ADR 20441A102 809 53,775 SH   DFND 9 53,775 0 0
COMPANHIA SIDERURGICA NACION SPONSORED ADR 20440W105 232 67,226 SH   DFND 9 67,226 0 0
CONAGRA BRANDS INC COM 205887102 9,498 277,398 SH   DFND 9 277,398 0 0
CONOCOPHILLIPS COM 20825C104 2,952 45,400 SH   DFND 9 45,400 0 0
CONSOLIDATED EDISON INC COM 209115104 7,093 78,400 SH   DFND 9 78,400 0 0
COPA HOLDINGS SA CL A P31076105 648 6,000 SH   DFND 9 6,000 0 0
COSAN LTD SHS A G25343107 1,382 60,500 SH   DFND 9 60,500 0 0
CRESTWOOD EQUITY PARTNERS LP UNIT LTD PARTNER 226344208 339 11,000 SH   DFND 9 11,000 0 0
CRH PLC ADR 12626K203 1,617 40,100 SH   DFND 9 40,100 0 0
CVR ENERGY INC COM 12662P108 2,212 54,700 SH   DFND 9 54,700 0 0
CYPRESS SEMICONDUCTOR CORP COM 232806109 5,544 237,647 SH   DFND 9 237,647 0 0
DARDEN RESTAURANTS INC COM 237194105 3,292 30,200 SH   DFND 9 30,200 0 0
DCP MIDSTREAM LP COM UT LTD PTN 23311P100 500 20,400 SH   DFND 9 20,400 0 0
DELEK US HLDGS INC NEW COM 24665A103 1,703 50,800 SH   DFND 9 50,800 0 0
DELTA AIR LINES INC DEL COM NEW 247361702 1,612 27,572 SH   DFND 9 27,572 0 0
DELUXE CORP COM 248019101 973 19,500 SH   DFND 9 19,500 0 0
DESIGNER BRANDS INC CL A 250565108 1,031 65,500 SH   DFND 9 65,500 0 0
DHT HOLDINGS INC SHS NEW Y2065G121 557 67,300 SH   DFND 9 67,300 0 0
DICKS SPORTING GOODS INC COM 253393102 252 5,100 SH   DFND 9 5,100 0 0
DINE BRANDS GLOBAL INC COM 254423106 902 10,800 SH   DFND 9 10,800 0 0
DISCOVER FINL SVCS COM 254709108 3,096 36,500 SH   DFND 9 36,500 0 0
DOMINION ENERGY INC COM 25746U109 3,686 44,507 SH   DFND 9 44,507 0 0
DOMTAR CORP COM NEW 257559203 436 11,400 SH   DFND 9 11,400 0 0
DOVER CORP COM 260003108 2,190 19,000 SH   DFND 9 19,000 0 0
DTE ENERGY CO COM 233331107 4,390 33,800 SH   DFND 9 33,800 0 0
DUKE ENERGY CORP NEW COM NEW 26441C204 6,339 69,500 SH   DFND 9 69,500 0 0
DUNKIN BRANDS GROUP INC COM 265504100 340 4,500 SH   DFND 9 4,500 0 0
DXC TECHNOLOGY CO COM 23355L106 3,770 100,300 SH   DFND 9 100,300 0 0
EAST WEST BANCORP INC COM 27579R104 857 17,600 SH   DFND 9 17,600 0 0
EASTMAN CHEMICAL CO COM 277432100 1,046 13,200 SH   DFND 9 13,200 0 0
EATON CORP PLC SHS G29183103 9,264 97,800 SH   DFND 9 97,800 0 0
ENEL AMERICAS S A SPONSORED ADR 29274F104 798 72,642 SH   DFND 9 72,642 0 0
ENLINK MIDSTREAM LLC COM UNIT REP LTD 29336T100 714 116,400 SH   DFND 9 116,400 0 0
ENTERGY CORP NEW COM 29364G103 3,810 31,800 SH   DFND 9 31,800 0 0
EQUITRANS MIDSTREAM CORPORAT COM 294600101 545 40,800 SH   DFND 9 40,800 0 0
EVERCORE INC CLASS A 29977A105 1,069 14,300 SH   DFND 9 14,300 0 0
EVEREST RE GROUP LTD COM G3223R108 886 3,200 SH   DFND 9 3,200 0 0
EXELON CORP COM 30161N101 5,671 124,400 SH   DFND 9 124,400 0 0
EXTENDED STAY AMER INC UNIT 99/99/9999B 30224P200 299 20,100 SH   DFND 9 20,100 0 0
EXTRA SPACE STORAGE INC COM 30225T102 549 5,200 SH   DFND 9 5,200 0 0
FEDERATED INVS INC PA CL B 314211103 254 7,800 SH   DFND 9 7,800 0 0
FIDELITY NATIONAL FINANCIAL FNF GROUP COM 31620R303 812 17,900 SH   DFND 9 17,900 0 0
FIRST AMERN FINL CORP COM 31847R102 478 8,200 SH   DFND 9 8,200 0 0
FIRST HAWAIIAN INC COM 32051X108 762 26,396 SH   DFND 9 26,396 0 0
FIRST HORIZON NATL CORP COM 320517105 667 40,300 SH   DFND 9 40,300 0 0
FIRST MERCHANTS CORP COM 320817109 275 6,603 SH   DFND 9 6,603 0 0
FIRSTENERGY CORP COM 337932107 5,871 120,800 SH   DFND 9 120,800 0 0
FLOWERS FOODS INC COM 343498101 1,026 47,200 SH   DFND 9 47,200 0 0
FNB CORP PA COM 302520101 361 28,400 SH   DFND 9 28,400 0 0
FORTIS INC COM 349553107 374 9,000 SH   DFND 9 9,000 0 0
FORTUNE BRANDS HOME & SEC IN COM 34964C106 3,326 50,900 SH   DFND 9 50,900 0 0
FREEPORT-MCMORAN INC CL B 35671D857 3,365 256,500 SH   DFND 9 256,500 0 0
FRONTLINE LTD SHS NEW G3682E192 321 24,950 SH   DFND 9 24,950 0 0
GARMIN LTD SHS H2906T109 1,171 12,000 SH   DFND 9 12,000 0 0
GENERAL MLS INC COM 370334104 6,888 128,600 SH   DFND 9 128,600 0 0
GENTEX CORP COM 371901109 5,909 203,906 SH   DFND 9 203,906 0 0
GILEAD SCIENCES INC COM 375558103 1,377 21,197 SH   DFND 9 21,197 0 0
GRAFTECH INTL LTD COM 384313508 157 13,500 SH   DFND 9 13,500 0 0
GREEN PLAINS INC COM 393222104 867 56,200 SH   DFND 9 56,200 0 0
GREIF INC CL A 397624107 221 5,000 SH   DFND 9 5,000 0 0
GRIFOLS S A SP ADR REP B NVT 398438408 932 40,036 SH   DFND 9 40,036 0 0
GRUPO FINANCIERO GALICIA S A SPONSORED ADR 399909100 2,206 135,908 SH   DFND 9 135,908 0 0
GUESS INC COM 401617105 2,031 90,739 SH   DFND 9 90,739 0 0
HANESBRANDS INC COM 410345102 578 38,900 SH   DFND 9 38,900 0 0
HANOVER INS GROUP INC COM 410867105 2,036 14,900 SH   DFND 9 14,900 0 0
HARLEY DAVIDSON INC COM 412822108 1,052 28,300 SH   DFND 9 28,300 0 0
HELMERICH & PAYNE INC COM 423452101 2,658 58,500 SH   DFND 9 58,500 0 0
HERSHEY CO COM 427866108 2,587 17,600 SH   DFND 9 17,600 0 0
HILLENBRAND INC COM 431571108 587 17,637 SH   DFND 9 17,637 0 0
HNI CORP COM 404251100 221 5,900 SH   DFND 9 5,900 0 0
HOME DEPOT INC COM 437076102 8,429 38,598 SH   DFND 9 38,598 0 0
HONEYWELL INTL INC COM 438516106 3,859 21,800 SH   DFND 9 21,800 0 0
HOPE BANCORP INC COM 43940T109 768 51,672 SH   DFND 9 51,672 0 0
HUNTINGTON BANCSHARES INC COM 446150104 844 56,000 SH   DFND 9 56,000 0 0
HUNTSMAN CORP COM 447011107 283 11,726 SH   DFND 9 11,726 0 0
IAA INC COM 449253103 1,459 31,000 SH   DFND 9 31,000 0 0
IDACORP INC COM 451107106 668 6,250 SH   DFND 9 6,250 0 0
INFOSYS LTD SPONSORED ADR 456788108 353 34,200 SH   DFND 9 34,200 0 0
INTL PAPER CO COM 460146103 2,735 59,400 SH   DFND 9 59,400 0 0
INTREXON CORP COM 46122T102 82 15,000 SH   DFND 9 15,000 0 0
INVESTORS BANCORP INC NEW COM 46146L101 538 45,147 SH   DFND 9 45,147 0 0
ITAU UNIBANCO HLDG SA SPON ADR REP PFD 465562106 1,461 159,700 SH   DFND 9 159,700 0 0
JACK IN THE BOX INC COM 466367109 1,147 14,700 SH   DFND 9 14,700 0 0
JANUS HENDERSON GROUP PLC ORD SHS G4474Y214 452 18,500 SH   DFND 9 18,500 0 0
JOHNSON & JOHNSON COM 478160104 43,641 299,175 SH   DFND 9 299,175 0 0
JOHNSON CTLS INTL PLC SHS G51502105 3,843 94,400 SH   DFND 9 94,400 0 0
JUNIPER NETWORKS INC COM 48203R104 682 27,700 SH   DFND 9 27,700 0 0
KAR AUCTION SVCS INC COM 48238T109 1,538 70,600 SH   DFND 9 70,600 0 0
KELLOGG CO COM 487836108 5,381 77,800 SH   DFND 9 77,800 0 0
KENNAMETAL INC COM 489170100 446 12,100 SH   DFND 9 12,100 0 0
KEURIG DR PEPPER INC COM 49271V100 3,761 129,900 SH   DFND 9 129,900 0 0
KEYCORP NEW COM 493267108 953 47,100 SH   DFND 9 47,100 0 0
KFORCE INC COM 493732101 397 10,000 SH   DFND 9 10,000 0 0
KIMBERLY CLARK CORP COM 494368103 2,448 17,800 SH   DFND 9 17,800 0 0
KINDER MORGAN INC DEL COM 49456B101 944 44,577 SH   DFND 9 44,577 0 0
KLA CORPORATION COM NEW 482480100 517 2,900 SH   DFND 9 2,900 0 0
KONTOOR BRANDS INC COM 50050N103 735 17,500 SH   DFND 9 17,500 0 0
KULICKE & SOFFA INDS INC COM 501242101 283 10,400 SH   DFND 9 10,400 0 0
LAM RESEARCH CORP COM 512807108 6,053 20,700 SH   DFND 9 20,700 0 0
LEAR CORP COM NEW 521865204 864 6,300 SH   DFND 9 6,300 0 0
LEIDOS HLDGS INC COM 525327102 1,772 18,100 SH   DFND 9 18,100 0 0
LILLY ELI & CO COM 532457108 2,523 19,200 SH   DFND 9 19,200 0 0
LINCOLN NATL CORP IND COM 534187109 2,697 45,700 SH   DFND 9 45,700 0 0
LIONS GATE ENTMNT CORP CL B NON VTG 535919500 261 26,300 SH   DFND 9 26,300 0 0
LOUISIANA PAC CORP COM 546347105 623 21,000 SH   DFND 9 21,000 0 0
LOWES COS INC COM 548661107 802 6,700 SH   DFND 9 6,700 0 0
LYONDELLBASELL INDUSTRIES N SHS - A - N53745100 2,749 29,100 SH   DFND 9 29,100 0 0
M & T BK CORP COM 55261F104 2,852 16,800 SH   DFND 9 16,800 0 0
M D C HLDGS INC COM 552676108 519 13,600 SH   DFND 9 13,600 0 0
MANPOWERGROUP INC COM 56418H100 1,379 14,200 SH   DFND 9 14,200 0 0
MARATHON PETE CORP COM 56585A102 12,984 215,500 SH   DFND 9 215,500 0 0
MARRIOTT VACTINS WORLDWID CO COM 57164Y107 644 5,000 SH   DFND 9 5,000 0 0
MATCH GROUP INC COM 57665R106 4,508 54,900 SH   DFND 9 54,900 0 0
MAXAR TECHNOLOGIES INC COM 57778K105 909 58,000 SH   DFND 9 58,000 0 0
MCDONALDS CORP COM 580135101 5,533 28,000 SH   DFND 9 28,000 0 0
MDU RES GROUP INC COM 552690109 1,994 67,100 SH   DFND 9 67,100 0 0
MEDTRONIC PLC SHS G5960L103 12,525 110,400 SH   DFND 9 110,400 0 0
MEREDITH CORP COM 589433101 542 16,700 SH   DFND 9 16,700 0 0
METLIFE INC COM 59156R108 4,623 90,700 SH   DFND 9 90,700 0 0
MILLER HERMAN INC COM 600544100 700 16,800 SH   DFND 9 16,800 0 0
MOBILE TELESYSTEMS PJSC SPONSORED ADR 607409109 1,306 128,689 SH   DFND 9 128,689 0 0
MURPHY OIL CORP COM 626717102 3,347 124,900 SH   DFND 9 124,900 0 0
NABORS INDUSTRIES LTD SHS G6359F103 328 113,950 SH   DFND 9 113,950 0 0
NASDAQ INC COM 631103108 1,864 17,400 SH   DFND 9 17,400 0 0
NETAPP INC COM 64110D104 2,982 47,900 SH   DFND 9 47,900 0 0
NEW YORK CMNTY BANCORP INC COM 649445103 1,432 119,170 SH   DFND 9 119,170 0 0
NEWMONT GOLDCORP CORPORATION COM 651639106 6,196 142,600 SH   DFND 9 142,600 0 0
NEXTERA ENERGY PARTNERS LP COM UNIT PART IN 65341B106 390 7,400 SH   DFND 9 7,400 0 0
NISOURCE INC COM 65473P105 4,458 160,126 SH   DFND 9 160,126 0 0
NOBLE ENERGY INC COM 655044105 4,484 180,500 SH   DFND 9 180,500 0 0
NORDIC AMERICAN TANKERS LIMI COM G65773106 451 91,696 SH   DFND 9 91,696 0 0
NORDSTROM INC COM 655664100 3,684 90,011 SH   DFND 9 90,011 0 0
NOVO-NORDISK A S ADR 670100205 3,548 61,300 SH   DFND 9 61,300 0 0
OFFICE DEPOT INC COM 676220106 412 150,200 SH   DFND 9 150,200 0 0
OLD REP INTL CORP COM 680223104 1,358 60,700 SH   DFND 9 60,700 0 0
OMNICOM GROUP INC COM 681919106 4,173 51,500 SH   DFND 9 51,500 0 0
ONEMAIN HLDGS INC COM 68268W103 278 6,600 SH   DFND 9 6,600 0 0
ONEOK INC NEW COM 682680103 3,231 42,700 SH   DFND 9 42,700 0 0
P T TELEKOMUNIKASI INDONESIA SPONSORED ADR 715684106 405 14,200 SH   DFND 9 14,200 0 0
PARKER HANNIFIN CORP COM 701094104 2,480 12,050 SH   DFND 9 12,050 0 0
PATTERN ENERGY GROUP INC CL A 70338P100 744 27,800 SH   DFND 9 27,800 0 0
PATTERSON COMPANIES INC COM 703395103 702 34,300 SH   DFND 9 34,300 0 0
PAYCHEX INC COM 704326107 1,574 18,500 SH   DFND 9 18,500 0 0
PBF ENERGY INC CL A 69318G106 2,014 64,200 SH   DFND 9 64,200 0 0
PEABODY ENERGY CORP NEW COM 704551100 598 65,600 SH   DFND 9 65,600 0 0
PENSKE AUTOMOTIVE GRP INC COM 70959W103 2,094 41,700 SH   DFND 9 41,700 0 0
PENTAIR PLC SHS G7S00T104 440 9,600 SH   DFND 9 9,600 0 0
PEPSICO INC COM 713448108 3,717 27,200 SH   DFND 9 27,200 0 0
PETMED EXPRESS INC COM 716382106 623 26,500 SH   DFND 9 26,500 0 0
PHILLIPS 66 COM 718546104 12,901 115,800 SH   DFND 9 115,800 0 0
PHILLIPS 66 PARTNERS LP COM UNIT REP INT 718549207 1,122 18,200 SH   DFND 9 18,200 0 0
PNC FINL SVCS GROUP INC COM 693475105 7,011 43,919 SH   DFND 9 43,919 0 0
POLARIS INC COM 731068102 234 2,300 SH   DFND 9 2,300 0 0
PORTLAND GEN ELEC CO COM NEW 736508847 1,411 25,300 SH   DFND 9 25,300 0 0
PROCTER & GAMBLE CO COM 742718109 4,059 32,500 SH   DFND 9 32,500 0 0
PROGRESSIVE CORP OHIO COM 743315103 2,649 36,600 SH   DFND 9 36,600 0 0
PROSPECT CAPITAL CORPORATION COM 74348T102 66 10,200 SH   DFND 9 10,200 0 0
QUEST DIAGNOSTICS INC COM 74834L100 6,984 65,400 SH   DFND 9 65,400 0 0
RAYONIER ADVANCED MATLS INC COM 75508B104 121 31,467 SH   DFND 9 31,467 0 0
RAYTHEON CO COM NEW 755111507 1,714 7,800 SH   DFND 9 7,800 0 0
RELIANCE STEEL & ALUMINUM CO COM 759509102 3,637 30,371 SH   DFND 9 30,371 0 0
RELX PLC SPONSORED ADR 759530108 960 37,986 SH   DFND 9 37,986 0 0
REPUBLIC SVCS INC COM 760759100 4,195 46,800 SH   DFND 9 46,800 0 0
RIO TINTO PLC SPONSORED ADR 767204100 689 11,600 SH   DFND 9 11,600 0 0
ROCKWELL AUTOMATION INC COM 773903109 1,561 7,700 SH   DFND 9 7,700 0 0
RPM INTL INC COM 749685103 1,873 24,400 SH   DFND 9 24,400 0 0
SABRE CORP COM 78573M104 1,414 63,000 SH   DFND 9 63,000 0 0
SANTANDER CONSUMER USA HDG I COM 80283M101 657 28,126 SH   DFND 9 28,126 0 0
SCHLUMBERGER LTD COM 806857108 2,561 63,700 SH   DFND 9 63,700 0 0
SCHWEITZER-MAUDUIT INTL INC COM 808541106 462 11,000 SH   DFND 9 11,000 0 0
SCOTTS MIRACLE GRO CO CL A 810186106 1,338 12,600 SH   DFND 9 12,600 0 0
SEASPAN CORP SHS Y75638109 1,365 96,091 SH   DFND 9 96,091 0 0
SEMPRA ENERGY COM 816851109 6,074 40,100 SH   DFND 9 40,100 0 0
SENSIENT TECHNOLOGIES CORP COM 81725T100 1,044 15,800 SH   DFND 9 15,800 0 0
SHELL MIDSTREAM PARTNERS L P UNIT LTD INT 822634101 990 49,000 SH   DFND 9 49,000 0 0
SMITH & NEPHEW PLC SPDN ADR NEW 83175M205 1,630 33,900 SH   DFND 9 33,900 0 0
SMUCKER J M CO COM NEW 832696405 4,728 45,400 SH   DFND 9 45,400 0 0
SOUTH ST CORP COM 840441109 633 7,300 SH   DFND 9 7,300 0 0
SOUTHERN CO COM 842587107 4,274 67,100 SH   DFND 9 67,100 0 0
STEEL DYNAMICS INC COM 858119100 218 6,400 SH   DFND 9 6,400 0 0
SUNCOR ENERGY INC NEW COM 867224107 2,762 84,200 SH   DFND 9 84,200 0 0
SYNCHRONY FINL COM 87165B103 4,282 118,900 SH   DFND 9 118,900 0 0
SYNOVUS FINL CORP COM NEW 87161C501 1,564 39,900 SH   DFND 9 39,900 0 0
SYSCO CORP COM 871829107 9,255 108,200 SH   DFND 9 108,200 0 0
TAITRON COMPONENTS INC CL A 874028103 43 15,300 SH   DFND 9 15,300 0 0
TAPESTRY INC COM 876030107 1,965 72,853 SH   DFND 9 72,853 0 0
TARGET CORP COM 87612E106 4,475 34,900 SH   DFND 9 34,900 0 0
TC ENERGY CORP COM 87807B107 2,426 45,500 SH   DFND 9 45,500 0 0
TC PIPELINES LP UT COM LTD PRT 87233Q108 935 22,100 SH   DFND 9 22,100 0 0
TCF FINANCIAL CORPORATION NE COM 872307103 393 8,400 SH   DFND 9 8,400 0 0
TD AMERITRADE HLDG CORP COM 87236Y108 7,681 154,554 SH   DFND 9 154,554 0 0
TEEKAY CORPORATION COM Y8564W103 411 77,238 SH   DFND 9 77,238 0 0
TEGNA INC COM 87901J105 627 37,586 SH   DFND 9 37,586 0 0
TELUS CORP COM 87971M103 283 7,300 SH   DFND 9 7,300 0 0
TERNIUM SA SPONSORED ADS 880890108 297 13,500 SH   DFND 9 13,500 0 0
TFS FINL CORP COM 87240R107 268 13,600 SH   DFND 9 13,600 0 0
THOR INDS INC COM 885160101 223 3,000 SH   DFND 9 3,000 0 0
TIMKEN CO COM 887389104 394 7,000 SH   DFND 9 7,000 0 0
TOTAL S A SPONSORED ADS 89151E109 368 6,649 SH   DFND 9 6,649 0 0
TOYOTA MOTOR CORP SP ADR REP2COM 892331307 478 3,400 SH   DFND 9 3,400 0 0
TPG SPECIALTY LENDING INC COM 87265K102 260 12,100 SH   DFND 9 12,100 0 0
TRANSPORTADORA DE GAS SUR SPONSORED ADS B 893870204 290 40,462 SH   DFND 9 40,462 0 0
TRAVELERS COMPANIES INC COM 89417E109 2,535 18,511 SH   DFND 9 18,511 0 0
TRIPADVISOR INC COM 896945201 1,549 51,000 SH   DFND 9 51,000 0 0
TRUSTCO BK CORP N Y COM 898349105 137 15,850 SH   DFND 9 15,850 0 0
TUPPERWARE BRANDS CORP COM 899896104 177 20,600 SH   DFND 9 20,600 0 0
TYSON FOODS INC CL A 902494103 14,184 155,800 SH   DFND 9 155,800 0 0
U S SILICA HLDGS INC COM 90346E103 354 57,500 SH   DFND 9 57,500 0 0
UGI CORP NEW COM 902681105 317 7,011 SH   DFND 9 7,011 0 0
UNITED BANKSHARES INC WEST V COM 909907107 263 6,800 SH   DFND 9 6,800 0 0
UNITED CMNTY BKS BLAIRSVLE G COM 90984P303 330 10,700 SH   DFND 9 10,700 0 0
US BANCORP DEL COM NEW 902973304 421 7,100 SH   DFND 9 7,100 0 0
V F CORP COM 918204108 3,189 32,000 SH   DFND 9 32,000 0 0
VAIL RESORTS INC COM 91879Q109 1,415 5,900 SH   DFND 9 5,900 0 0
VALERO ENERGY CORP NEW COM 91913Y100 4,355 46,500 SH   DFND 9 46,500 0 0
VALLEY NATL BANCORP COM 919794107 789 68,941 SH   DFND 9 68,941 0 0
VALVOLINE INC COM 92047W101 1,061 49,539 SH   DFND 9 49,539 0 0
VECTOR GROUP LTD COM 92240M108 821 61,290 SH   DFND 9 61,290 0 0
VERIZON COMMUNICATIONS INC COM 92343V104 8,142 132,600 SH   DFND 9 132,600 0 0
WADDELL & REED FINL INC CL A 930059100 563 33,700 SH   DFND 9 33,700 0 0
WASHINGTON FED INC COM 938824109 828 22,600 SH   DFND 9 22,600 0 0
WEC ENERGY GROUP INC COM 92939U106 5,875 63,700 SH   DFND 9 63,700 0 0
WENDYS CO COM 95058W100 1,412 63,570 SH   DFND 9 63,570 0 0
WESTERN DIGITAL CORP COM 958102105 1,200 18,900 SH   DFND 9 18,900 0 0
WESTERN UN CO COM 959802109 2,483 92,726 SH   DFND 9 92,726 0 0
WESTROCK CO COM 96145D105 884 20,600 SH   DFND 9 20,600 0 0
WHIRLPOOL CORP COM 963320106 4,367 29,600 SH   DFND 9 29,600 0 0
WILEY JOHN & SONS INC CL A 968223206 551 11,359 SH   DFND 9 11,359 0 0
WILLIAMS COS INC DEL COM 969457100 5,097 214,900 SH   DFND 9 214,900 0 0
WILLIAMS SONOMA INC COM 969904101 1,234 16,800 SH   DFND 9 16,800 0 0
WPP PLC NEW ADR 92937A102 2,320 33,000 SH   DFND 9 33,000 0 0
WYNDHAM DESTINATIONS INC COM 98310W108 2,511 48,579 SH   DFND 9 48,579 0 0
XEROX HOLDINGS CORP COM NEW 98421M106 2,449 66,415 SH   DFND 9 66,415 0 0
ZIONS BANCORPORATION N A COM 989701107 3,240 62,400 SH   DFND 9 62,400 0 0