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 FIGI (to the nearest dollar) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
ALPS ETF TR ALERIAN MLP 00162Q452   601,063 14,136 SH   DFND   0 0 14,136
FIRST TR EXCHNG TRADED FD VI CBOE VEST US EQT 33740U885   23,120,741 661,549 SH   DFND   0 0 661,549
GOLDMAN SACHS ETF TR ACCES TREASURY 381430529   1,747,245 17,518 SH   DFND   0 0 17,518
INVESCO EXCHANGE TRADED FD T S&P500 EQL WGT 46137V357   19,486,406 123,488 SH   DFND   0 0 123,488
INVESCO QQQ TR UNIT SER 1 46090E103   506,576 1,237 SH   DFND   0 0 1,237
ISHARES TR SHORT TREAS BD 464288679   8,633,531 78,394 SH   DFND   0 0 78,394
ISHARES TR ISHS 1-5YR INVS 464288646   470,756 9,181 SH   DFND   0 0 9,181
ISHARES TR FLTG RATE NT ETF 46429B655   3,526,290 69,662 SH   DFND   0 0 69,662
ISHARES TR 0-3 MNTH TREASRY 46436E718   22,751,177 226,899 SH   DFND   0 0 226,899
ISHARES TR 20 YR TR BD ETF 464287432   1,039,328 10,511 SH   DFND   0 0 10,511
ISHARES U S ETF TR BLACKROCK SH DUR 46431W507   5,476,469 108,402 SH   DFND   0 0 108,402
JANUS DETROIT STR TR HENDRSON AAA CL 47103U845   24,851,914 494,073 SH   DFND   0 0 494,073
KRANESHARES TR KFA MOUNT LUCAS 500767652   757,217 26,274 SH   DFND   0 0 26,274
SELECT SECTOR SPDR TR ENERGY 81369Y506   2,336,369 27,867 SH   DFND   0 0 27,867
SELECT SECTOR SPDR TR INDL 81369Y704   4,752,813 41,695 SH   DFND   0 0 41,695
SELECT SECTOR SPDR TR SBI CONS DISCR 81369Y407   6,390,491 35,739 SH   DFND   0 0 35,739
SELECT SECTOR SPDR TR SBI CONS STPLS 81369Y308   3,897,255 54,106 SH   DFND   0 0 54,106
SELECT SECTOR SPDR TR SBI MATERIALS 81369Y100   1,379,760 16,130 SH   DFND   0 0 16,130
SIMPLIFY EXCHANGE TRADED FUN ENHANCED INM ETF 82889N632   10,469,854 426,297 SH   DFND   0 0 426,297
SPDR INDEX SHS FDS PORTFOLIO EMG MK 78463X509   10,779,608 304,422 SH   DFND   0 0 304,422
SPDR S&P 500 ETF TR TR UNIT 78462F103   305,149 642 SH   DFND   0 0 642
SPDR SER TR PORTFOLI S&P1500 78464A805   21,869,002 374,148 SH   DFND   0 0 374,148
SPDR SER TR PORTFOLIO S&P400 78464A847   4,360,002 89,491 SH   DFND   0 0 89,491
SPDR SER TR SSGA US LRG ETF 78468R804   10,602,696 73,117 SH   DFND   0 0 73,117
SPDR SER TR PORTFOLIO S&P600 78468R853   4,468,902 105,948 SH   DFND   0 0 105,948
SPDR SER TR BLOOMBERG 1-3 MO 78468R663   12,511,008 136,896 SH   DFND   0 0 136,896
SPDR SER TR BLOOMBERG INVT 78468R200   24,289,687 794,040 SH   DFND   0 0 794,040
SPDR SER TR PORTFOLIO S&P500 78464A854   24,447,463 437,342 SH   DFND   0 0 437,342
VANGUARD WORLD FDS COMM SRVC ETF 92204A884   5,196,586 44,142 SH   DFND   0 0 44,142