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
iShares MSCI ACWI ETF ETP 464288257   26,892 231,050 SH   DFND   231,050 0 0
Technology Select Sector SPDR Fund ETP 81369Y803   26,094 126,375 SH   DFND   126,375 0 0
Health Care Select Sector SPDR Fund ETP 81369Y209   20,135 137,899 SH   DFND   137,899 0 0
Communication Services Select Sector SPDR Fund ETP 81369Y852   17,508 181,525 SH   DFND   181,525 0 0
Financial Select Sector SPDR Fund ETP 81369Y605   15,772 316,634 SH   DFND   316,634 0 0
Vanguard Financials ETF ETP 92204A405   15,302 128,081 SH   DFND   128,081 0 0
SPDR S&P 500 ETF Trust ETP 78462F103   13,163 23,481 SH   DFND   23,481 0 0
Consumer Discretionary Select Sector SPDR Fund ETP 81369Y407   11,708 59,294 SH   DFND   59,294 0 0
Consumer Staples Select Sector SPDR Fund ETP 81369Y308   10,551 129,192 SH   DFND   129,192 0 0
WisdomTree Japan Hedged Equity Fund ETP 97717W851   9,278 84,208 SH   DFND   84,208 0 0
iShares MSCI Emerging Markets ex China ETF ETP 46434G764   9,077 164,759 SH   DFND   164,759 0 0
Apple Inc Common Stock 037833100   8,743 39,358 SH   DFND   39,358 0 0
Industrial Select Sector SPDR Fund ETP 81369Y704   8,326 63,523 SH   DFND   63,523 0 0
Vanguard S&P 500 ETF ETP 922908363   7,963 15,495 SH   DFND   15,495 0 0
iShares Core MSCI Emerging Markets ETF ETP 46434G103   7,080 131,180 SH   DFND   131,180 0 0
NVIDIA Corp Common Stock 67066G104   6,799 62,725 SH   DFND   62,725 0 0
Microsoft Corp Common Stock 594918104   6,511 17,345 SH   DFND   17,345 0 0
Materials Select Sector SPDR Fund ETP 81369Y100   5,180 60,245 SH   DFND   60,245 0 0
Amazon.com Inc Common Stock 023135106   4,528 23,798 SH   DFND   23,798 0 0
iShares Global Energy ETF ETP 464287341   4,521 107,474 SH   DFND   107,474 0 0
SPDR Dow Jones Industrial Average ETF Trust ETP 78467X109   4,420 10,511 SH   DFND   10,511 0 0
Real Estate Select Sector SPDR Fund ETP 81369Y860   4,241 101,345 SH   DFND   101,345 0 0
Utilities Select Sector SPDR Fund ETP 81369Y886   4,235 53,705 SH   DFND   53,705 0 0
Fidelity Nasdaq Composite Index ETF ETP 315912808   3,931 57,760 SH   DFND   57,760 0 0
VanEck Semiconductor ETF ETP 92189F676   3,912 18,501 SH   DFND   18,501 0 0
Vanguard High Dividend Yield ETF ETP 921946406   3,844 29,808 SH   DFND   29,808 0 0
iShares Core S&P 500 ETF ETP 464287200   3,720 6,620 SH   DFND   6,620 0 0
Invesco QQQ Trust Series 1 ETP 46090E103   3,578 7,621 SH   DFND   7,621 0 0
VanEck Morningstar Wide Moat ETF ETP 92189F643   3,516 39,955 SH   DFND   39,955 0 0
Alphabet Inc Common Stock 02079K305   3,332 21,545 SH   DFND   21,545 0 0
Energy Select Sector SPDR Fund ETP 81369Y506   3,074 32,897 SH   DFND   32,897 0 0
Vanguard Information Technology ETF ETP 92204A702   2,303 4,246 SH   DFND   4,246 0 0
iShares U.S. Technology ETF ETP 464287721   2,279 16,230 SH   DFND   16,230 0 0
First Trust NASDAQ Technology Dividend Index Fund ETP 33738R118   2,252 30,589 SH   DFND   30,589 0 0
JPMorgan US Quality Factor ETF ETP 46641Q761   2,245 39,764 SH   DFND   39,764 0 0
iShares U.S. Aerospace & Defense ETF ETP 464288760   2,213 14,456 SH   DFND   14,456 0 0
First Trust NASDAQ-100 Technology Index Fund ETP 337345102   2,145 12,356 SH   DFND   12,356 0 0
Invesco S&P 500 High Beta ETF ETP 46138E370   2,036 26,021 SH   DFND   26,021 0 0
Vanguard S&P 500 Growth ETF ETP 921932505   1,850 5,531 SH   DFND   5,531 0 0
iShares U.S. Medical Devices ETF ETP 464288810   1,733 28,799 SH   DFND   28,799 0 0
Micron Technology Inc Common Stock 595112103   1,653 19,016 SH   DFND   19,016 0 0
Snowflake Inc Common Stock 833445109   1,428 9,772 SH   DFND   9,772 0 0
iShares Russell 2000 ETF ETP 464287655   1,356 6,798 SH   DFND   6,798 0 0
Bank of America Corp Common Stock 060505104   1,252 30,009 SH   DFND   30,009 0 0
Mobileye Global Inc Common Stock 60741F104   1,224 85,057 SH   DFND   85,057 0 0
iShares Expanded Tech Sector ETF ETP 464287549   1,072 11,826 SH   DFND   11,826 0 0
First Trust Dow Jones Internet Index Fund ETP 33733E302   1,057 4,758 SH   DFND   4,758 0 0
SPDR Portfolio S&P 500 Growth ETF ETP 78464A409   974 12,122 SH   DFND   12,122 0 0
Invesco S&P SmallCap 600 Pure Value ETF ETP 46137V167   694 7,023 SH   DFND   7,023 0 0
Invesco Exchange-Traded Fund Trust - Invesco S&P 500 Pure Value ETF ETP 46137V258   674 7,293 SH   DFND   7,293 0 0
Sunrun Inc Common Stock 86771W105   510 87,091 SH   DFND   87,091 0 0
Vanguard Health Care ETF ETP 92204A504   493 1,863 SH   DFND   1,863 0 0
Uber Technologies Inc Common Stock 90353T100   442 6,072 SH   DFND   6,072 0 0
Invesco S&P MidCap Quality ETF ETP 46137V472   341 3,730 SH   DFND   3,730 0 0
Global X Cybersecurity ETF ETP 37954Y384   329 10,169 SH   DFND   10,169 0 0
iShares Expanded Tech-Software Sector ETF ETP 464287515   216 2,425 SH   DFND   2,425 0 0
Invesco S&P Emerging Markets Low Volatility ETF ETP 46138E297   84 3,447 SH   DFND   3,447 0 0
WisdomTree Europe Hedged Equity Fund ETP 97717X701   50 1,060 SH   DFND   1,060 0 0
Vanguard FTSE Emerging Markets ETF ETP 922042858   14 300 SH   DFND   300 0 0