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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

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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
INVESCO QQQ TR UNIT SER 1 46090E103 97,886 270,000 SH   DFND   270,000 0 0
VANGUARD INDEX FDS TOTAL STK MKT 922908769 136,602 600,000 SH   DFND   600,000 0 0
ISHARES TR ESG MSCI LEADR 46435U218 95,028 1,200,000 SH   DFND   1,200,000 0 0
ISHARES INC MSCI STH KOR ETF 464286772 39,177 550,000 SH   DFND   550,000 0 0
SPDR GOLD TR GOLD SHS 78463V107 270,975 1,500,000 SH   DFND   1,500,000 0 0
ISHARES GOLD TR ISHARES NEW 464285204 73,660 2,000,000 SH   DFND   2,000,000 0 0
CME GROUP INC COM 12572Q105 24,385 102,518 SH   DFND   102,517 0 0