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
ISHARES TR CORE S&P500 ETF 464287200 56,912 200,000 SH   DFND   200,000 0 0
INVESCO QQQ TR UNIT SER 1 46090E103 43,118 240,000 SH   DFND   240,000 0 0
ISHARES TR RUSSELL 2000 ETF 464287655 45,927 300,000 SH   DFND   300,000 0 0
VANGUARD INDEX FDS TOTAL STK MKT 922908769 202,594 1,400,000 SH   DFND   1,400,000 0 0
VANGUARD INDEX FDS S&P 500 ETF SHS 922908363 259,540 1,000,000 SH   DFND   1,000,000 0 0
SELECT SECTOR SPDR TR ENERGY 81369Y506 42,978 650,000 SH   DFND   650,000 0 0
SELECT SECTOR SPDR TR SBI CONS DISCR 81369Y407 153,698 1,350,000 SH   DFND   1,350,000 0 0
SELECT SECTOR SPDR TR TECHNOLOGY 81369Y803 155,400 2,100,000 SH   DFND   2,100,000 0 0
CME GROUP INC COM CL A 12572Q105 16,872 1,025,178 SH   DFND   102,517 0 0
AFLAC INC COM 001055102 150,000 3,000,000 SH   DFND   30,000,000 0 0