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
3M CO COM 88579Y101 73 415 SH   DFND 1 415 0 0
3M CO COM 88579Y101 388 2,200 SH   DFND   2,200 0 0
ALPHABET INC CAP STK CL A 02079K305 96 120 SH   DFND 1 120 0 0
ALPHABET INC CAP STK CL A 02079K305 439 546 SH   DFND   188 0 358
ALPHABET INC CAP STK CL C 02079K107 1,995 2,566 SH   DFND 1 2,566 0 0
ALPHABET INC CAP STK CL C 02079K107 3,967 5,104 SH   DFND   4,825 0 279
AMAZON COM INC COM 023135106 528 630 SH   DFND   630 0 0
AMBEV SA SPONSORED ADR 02319V103 73 12,000 SH   DFND   12,000 0 0
ANTHEM INC COM 036752103 38 300 SH   DFND 1 300 0 0
ANTHEM INC COM 036752103 825 6,585 SH   DFND   5,714 0 871
APPLE INC COM 037833100 3,136 27,741 SH   DFND 1 27,741 0 0
APPLE INC COM 037833100 2,224 19,675 SH   DFND   17,585 0 2,090
APPLIED MATLS INC COM 038222105 208 6,890 SH   DFND 1 6,890 0 0
APPLIED MATLS INC COM 038222105 1,001 33,200 SH   DFND   33,200 0 0
ASML HOLDING N V N Y REGISTRY SHS N07059210 581 5,300 SH   DFND   5,300 0 0
BAIDU INC SPON ADR REP A 056752108 370 2,030 SH   DFND   2,030 0 0
BANK AMER CORP COM 060505104 1,213 77,497 SH   DFND 1 77,497 0 0
BANK AMER CORP COM 060505104 1,017 64,980 SH   DFND   52,995 0 11,985
BED BATH & BEYOND INC COM 075896100 862 20,000 SH   DFND 1 20,000 0 0
BED BATH & BEYOND INC COM 075896100 1,161 26,937 SH   DFND   24,747 0 2,190
BERKSHIRE HATHAWAY INC DEL CL A 084670108 216 1 SH   DFND   1 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 3,169 21,936 SH   DFND 1 21,936 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 2,617 18,114 SH   DFND   11,855 0 6,259
BIOGEN INC COM 09062X103 1,727 5,517 SH   DFND 1 5,517 0 0
BIOGEN INC COM 09062X103 1,164 3,719 SH   DFND   3,449 0 270
BOEING CO COM 097023105 629 4,778 SH   DFND   4,430 0 348
CAPITAL ONE FINL CORP COM 14040H105 424 5,898 SH   DFND   5,190 0 708
CELGENE CORP COM 151020104 95 905 SH   DFND 1 905 0 0
CELGENE CORP COM 151020104 708 6,770 SH   DFND   6,770 0 0
CHECK POINT SOFTWARE TECH LT ORD M22465104 1,442 18,585 SH   DFND 1 18,585 0 0
CHECK POINT SOFTWARE TECH LT ORD M22465104 1,035 13,330 SH   DFND   12,330 0 1,000
CHEVRON CORP NEW COM 166764100 618 6,000 SH   DFND 1 6,000 0 0
CHICAGO BRIDGE & IRON CO N V COM 167250109 387 13,796 SH   DFND   10,900 0 2,896
CISCO SYS INC COM 17275R102 4,575 144,220 SH   DFND 1 144,220 0 0
CISCO SYS INC COM 17275R102 1,933 60,934 SH   DFND   58,580 0 2,354
CITIGROUP INC COM NEW 172967424 916 19,400 SH   DFND 1 19,400 0 0
CITIGROUP INC COM NEW 172967424 1,250 26,458 SH   DFND   20,660 0 5,798
COCA COLA CO COM 191216100 1,587 37,491 SH   DFND 1 37,491 0 0
COLGATE PALMOLIVE CO COM 194162103 311 4,199 SH   DFND   3,900 0 299
COMCAST CORP NEW CL A 20030N101 70 1,050 SH   DFND 1 1,050 0 0
COMCAST CORP NEW CL A 20030N101 1,858 28,007 SH   DFND   25,200 0 2,807
CORNING INC COM 219350105 397 16,800 SH   DFND   16,800 0 0
COSTCO WHSL CORP NEW COM 22160K105 136 895 SH   DFND 1 895 0 0
COSTCO WHSL CORP NEW COM 22160K105 991 6,500 SH   DFND   5,600 0 900
CVS HEALTH CORP COM 126650100 512 5,755 SH   DFND   4,870 0 885
CYREN LTD SHS M26895108 86 35,250 SH   DFND 1 35,250 0 0
CYREN LTD SHS M26895108 4 1,583 SH   DFND   0 0 1,583
DEVON ENERGY CORP NEW COM 25179M103 280 6,350 SH   DFND   6,350 0 0
DISNEY WALT CO COM DISNEY 254687106 1,092 11,763 SH   DFND 1 11,763 0 0
DISNEY WALT CO COM DISNEY 254687106 130 1,400 SH   DFND   0 0 1,400
DSP GROUP INC COM 23332B106 400 33,266 SH   DFND 1 33,266 0 0
DSP GROUP INC COM 23332B106 12 1,000 SH   DFND   0 0 1,000
EBAY INC COM 278642103 780 23,715 SH   DFND   22,710 0 1,005
EGA EMERGING GLOBAL SHS TR EGS EMKTCONS ETF 268461779 240 9,646 SH   DFND   5,850 0 3,796
EOG RES INC COM 26875P101 738 7,633 SH   DFND 1 7,633 0 0
EOG RES INC COM 26875P101 501 5,184 SH   DFND   4,770 0 414
EXXON MOBIL CORP COM 30231G102 2,426 27,800 SH   DFND 1 27,800 0 0
EXXON MOBIL CORP COM 30231G102 614 7,035 SH   DFND   5,970 0 1,065
FACEBOOK INC CL A 30303M102 1,408 10,975 SH   DFND   9,415 0 1,560
FEDEX CORP COM 31428X106 631 3,610 SH   DFND 1 3,610 0 0
FEDEX CORP COM 31428X106 369 2,114 SH   DFND   2,040 0 74
GENERAL ELECTRIC CO COM 369604103 5,327 179,836 SH   DFND 1 179,836 0 0
GENERAL ELECTRIC CO COM 369604103 907 30,623 SH   DFND   24,715 0 5,908
GILEAD SCIENCES INC COM 375558103 1,224 15,467 SH   DFND 1 15,467 0 0
GILEAD SCIENCES INC COM 375558103 1,032 13,040 SH   DFND   11,545 0 1,495
HEWLETT PACKARD ENTERPRISE C COM 42824C109 432 19,000 SH   DFND   19,000 0 0
HP INC COM 40434L105 311 20,000 SH   DFND   20,000 0 0
INTEL CORP COM 458140100 3,512 93,034 SH   DFND 1 93,034 0 0
INTEL CORP COM 458140100 616 16,307 SH   DFND   16,250 0 57
ISHARES MSCI JAPAN ETF 464286848 1,514 120,718 SH   DFND 1 120,718 0 0
ISHARES MSCI JAPAN ETF 464286848 188 15,000 SH   DFND   15,000 0 0
ISHARES TR CORE S&P500 ETF 464287200 13,867 63,739 SH   DFND 1 63,739 0 0
ISHARES TR IBOXX HI YD ETF 464288513 7,686 88,084 SH   DFND 1 88,084 0 0
ISHARES TR IBOXX HI YD ETF 464288513 141 1,616 SH   DFND   340 0 1,276
ISHARES TR IBOXX INV CP ETF 464287242 396 3,213 SH   DFND 1 3,213 0 0
ISHARES TR IBOXX INV CP ETF 464287242 61 494 SH   DFND   0 0 494
ISHARES TR JP MOR EM MK ETF 464288281 1,444 12,322 SH   DFND 1 12,322 0 0
ISHARES TR JP MOR EM MK ETF 464288281 35 296 SH   DFND   0 0 296
ISHARES TR MSCI EMG MKT ETF 464287234 1,409 37,622 SH   DFND 1 37,622 0 0
ISHARES TR MSCI EMG MKT ETF 464287234 12 313 SH   DFND   0 0 313
ISHARES TR NASDQ BIOTEC ETF 464287556 950 3,283 SH   DFND 1 3,283 0 0
ISHARES TR NASDQ BIOTEC ETF 464287556 23 81 SH   DFND   75 0 6
ISHARES TR RUSSELL 2000 ETF 464287655 429 3,455 SH   DFND 1 3,455 0 0
ISHARES TR RUSSELL 2000 ETF 464287655 5 44 SH   DFND   0 0 44
ITURAN LOCATION AND CONTROL SHS M6158M104 10,262 387,841 SH   DFND 1 387,841 0 0
ITURAN LOCATION AND CONTROL SHS M6158M104 4,743 179,260 SH   DFND   174,332 0 4,928
JOHNSON & JOHNSON COM 478160104 1,859 15,739 SH   DFND 1 15,739 0 0
JOHNSON & JOHNSON COM 478160104 494 4,179 SH   DFND   3,240 0 939
KAMADA LTD SHS M6240T109 204 39,843 SH   DFND 1 39,843 0 0
KONINKLIJKE PHILIPS N V NY REG SH NEW 500472303 569 19,240 SH   DFND   18,100 0 1,140
KRAFT HEINZ CO COM 500754106 255 2,850 SH   DFND   2,850 0 0
MASTERCARD INCORPORATED CL A 57636Q104 902 8,867 SH   DFND   7,904 0 963
MELLANOX TECHNOLOGIES LTD SHS M51363113 2,349 54,319 SH   DFND 1 54,319 0 0
MELLANOX TECHNOLOGIES LTD SHS M51363113 21 496 SH   DFND   0 0 496
MICROSOFT CORP COM 594918104 1,575 27,351 SH   DFND 1 27,351 0 0
MICROSOFT CORP COM 594918104 2,622 45,525 SH   DFND   41,312 0 4,213
MONDELEZ INTL INC CL A 609207105 660 15,032 SH   DFND   12,000 0 3,032
NICE LTD SPONSORED ADR 653656108 241 3,600 SH   DFND 1 3,600 0 0
NOVARTIS A G SPONSORED ADR 66987V109 5,349 67,749 SH   DFND 1 67,749 0 0
NOVARTIS A G SPONSORED ADR 66987V109 1,533 19,414 SH   DFND   17,259 0 2,155
NVIDIA CORP COM 67066G104 343 5,000 SH   DFND   5,000 0 0
NXP SEMICONDUCTORS N V COM N6596X109 225 2,200 SH   DFND   2,200 0 0
ORACLE CORP COM 68389X105 1,737 44,214 SH   DFND   40,134 0 4,080
ORBOTECH LTD ORD M75253100 8,103 273,670 SH   DFND 1 273,670 0 0
ORBOTECH LTD ORD M75253100 4,469 150,927 SH   DFND   144,327 0 6,600
PAYPAL HLDGS INC COM 70450Y103 1,217 29,705 SH   DFND   26,705 0 3,000
PEPSICO INC COM 713448108 1,228 11,289 SH   DFND   10,726 0 563
PERRIGO CO PLC SHS G97822103 2,563 27,763 SH   DFND 1 27,763 0 0
PERRIGO CO PLC SHS G97822103 268 2,900 SH   DFND   2,900 0 0
PFIZER INC COM 717081103 4,634 136,831 SH   DFND 1 136,831 0 0
PFIZER INC COM 717081103 863 25,470 SH   DFND   19,930 0 5,540
POWERSHARES QQQ TRUST UNIT SER 1 73935A104 19,801 166,789 SH   DFND 1 166,789 0 0
POWERSHARES QQQ TRUST UNIT SER 1 73935A104 296 2,493 SH   DFND   0 0 2,493
PRICELINE GRP INC COM NEW 741503403 1,717 1,167 SH   DFND   1,055 0 112
PROCTER AND GAMBLE CO COM 742718109 792 8,830 SH   DFND 1 8,830 0 0
PROCTER AND GAMBLE CO COM 742718109 1,250 13,930 SH   DFND   11,892 0 2,038
QUALCOMM INC COM 747525103 419 6,120 SH   DFND   6,000 0 120
ROYAL DUTCH SHELL PLC SPONS ADR A 780259206 804 16,067 SH   DFND   12,690 0 3,377
SCHLUMBERGER LTD COM 806857108 583 7,408 SH   DFND 1 7,408 0 0
SCHLUMBERGER LTD COM 806857108 863 10,980 SH   DFND   9,060 0 1,920
SELECT SECTOR SPDR TR SBI CONS STPLS 81369Y308 516 9,706 SH   DFND 1 9,706 0 0
SELECT SECTOR SPDR TR SBI CONS STPLS 81369Y308 8 150 SH   DFND   0 0 150
SELECT SECTOR SPDR TR SBI HEALTHCARE 81369Y209 1,840 25,516 SH   DFND 1 25,516 0 0
SELECT SECTOR SPDR TR SBI HEALTHCARE 81369Y209 24 335 SH   DFND   0 0 335
SELECT SECTOR SPDR TR SBI INT-ENERGY 81369Y506 570 8,077 SH   DFND 1 8,077 0 0
SELECT SECTOR SPDR TR SBI INT-ENERGY 81369Y506 50 706 SH   DFND   370 0 336
SELECT SECTOR SPDR TR SBI INT-INDS 81369Y704 910 15,591 SH   DFND 1 15,591 0 0
SELECT SECTOR SPDR TR SBI INT-INDS 81369Y704 220 3,772 SH   DFND   1,100 0 2,672
SELECT SECTOR SPDR TR SBI MATERIALS 81369Y100 649 13,595 SH   DFND   12,700 0 895
SILICOM LTD ORD M84116108 751 18,137 SH   DFND 1 18,137 0 0
SPDR DOW JONES INDL AVRG ETF UT SER 1 78467X109 894 4,891 SH   DFND 1 4,891 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 11,296 52,224 SH   DFND 1 52,224 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 620 2,869 SH   DFND   222 0 2,647
SYMANTEC CORP COM 871503108 274 10,900 SH   DFND   10,900 0 0
TARO PHARMACEUTICAL INDS LTD SHS M8737E108 2,789 25,240 SH   DFND 1 25,240 0 0
TARO PHARMACEUTICAL INDS LTD SHS M8737E108 685 6,198 SH   DFND   6,198 0 0
TEVA PHARMACEUTICAL INDS LTD ADR 881624209 304 6,600 SH   DFND 1 6,600 0 0
TEVA PHARMACEUTICAL INDS LTD ADR 881624209 295 6,401 SH   DFND   6,050 0 351
TJX COS INC NEW COM 872540109 1,027 13,732 SH   DFND   11,527 0 2,205
TWENTY FIRST CENTY FOX INC CL A 90130A101 1,218 50,299 SH   DFND   46,780 0 3,519
UNION PAC CORP COM 907818108 2,087 21,397 SH   DFND 1 21,397 0 0
UNION PAC CORP COM 907818108 776 7,959 SH   DFND   6,270 0 1,689
VANGUARD INDEX FDS S&P 500 ETF SHS 922908363 570 2,870 SH   DFND 1 2,870 0 0
VANGUARD INTL EQUITY INDEX F FTSE EMR MKT ETF 922042858 11,485 305,202 SH   DFND 1 305,202 0 0
VANGUARD INTL EQUITY INDEX F FTSE EMR MKT ETF 922042858 758 20,135 SH   DFND   13,280 0 6,855
VANGUARD INTL EQUITY INDEX F FTSE EUROPE ETF 922042874 93 1,901 SH   DFND 1 1,901 0 0
VANGUARD INTL EQUITY INDEX F FTSE EUROPE ETF 922042874 607 12,451 SH   DFND   5,470 0 6,981
VODAFONE GROUP PLC NEW SPNSR ADR 92857W308 300 10,300 SH   DFND   10,300 0 0
WELLS FARGO & CO NEW COM 949746101 12 270 SH   DFND 1 270 0 0
WELLS FARGO & CO NEW COM 949746101 1,107 25,011 SH   DFND   21,037 0 3,974
WISDOMTREE TR JAPN HEDGE EQT 97717W851 1,230 28,657 SH   DFND 1 28,657 0 0
WIX COM LTD SHS M98068105 2,823 65,000 SH   DFND 1 65,000 0 0
WIX COM LTD SHS M98068105 1,390 32,000 SH   DFND   32,000 0 0
YAHOO INC COM 984332106 1,613 37,426 SH   DFND 1 37,426 0 0
YAHOO INC COM 984332106 326 7,575 SH   DFND   7,575 0 0