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
BARRICK GOLD CORP COM 067901108 1,968 70,000 SH   DFND   70,000 0 0
ALPHABET INC-CL A COM 02079K305 2,638 1,800 SH   DFND   1,800 0 0
AMAZON.COM INC COM 023135106 4,723 1,500 SH   DFND   1,500 0 0
AMEDISYS INC COM 023436108 1,348 5,700 SH   DFND   5,700 0 0
AMERICAN EXPRESS CO COM 025816109 2,506 25,000 SH   DFND   25,000 0 0
AMERICAN WATER WORKS CO INC COM 030420103 2,753 19,000 SH   DFND   19,000 0 0
APPLIED MATERIALS INC COM 038222105 2,973 50,000 SH   DFND   50,000 0 0
ATMOS ENERGY CORP COM 049560105 956 10,000 SH   DFND   10,000 0 0
BOYD GAMING CORP COM 103304101 1,504 49,000 SH   DFND   49,000 0 0
CACI INTERNATIONAL INC -CL A CL A 127190304 1,172 5,500 SH   DFND   5,500 0 0
DOLLAR GENERAL CORP COM 256677105 3,144 15,000 SH   DFND   15,000 0 0
EASTGROUP PROPERTIES INC COM 277276101 1,410 10,900 SH   DFND   10,900 0 0
EXLSERVICE HOLDINGS INC COM 302081104 1,220 18,500 SH   DFND   18,500 0 0
EXXON MOBIL CORP COM 30231G102 1,030 30,000 SH   DFND   30,000 0 0
FEDERAL SIGNAL CORP COM 313855108 1,170 40,000 SH   DFND   40,000 0 0
GLOBUS MEDICAL INC - A CL A 379577208 782 15,800 SH   DFND   15,800 0 0
HORACE MANN EDUCATORS COM 440327104 1,353 40,500 SH   DFND   40,500 0 0
INTEGRA LIFESCIENCES HOLDING COM 457985208 869 18,400 SH   DFND   18,400 0 0
INTL FLAVORS & FRAGRANCES COM 459506101 710 5,800 SH   DFND   5,800 0 0
INTUIT INC COM 461202103 5,219 16,000 SH   DFND   16,000 0 0
INTUITIVE SURGICAL INC COM 46120E602 4,257 6,000 SH   DFND   6,000 0 0
INVESCO S&P SMALLCAP INFORMA S&P SMLCP INFO 46138E115 2,027 23,453 SH   DFND   23,453 0 0
ISHARES MSCI KOKUSAI ETF MSCI KOKUSAI ETF 464288265 22,511 301,800 SH   DFND   301,800 0 0
ISHARES CORE US REIT ETF CRE U S REIT ETF 464288521 2,209 50,500 SH   DFND   50,500 0 0
J & J SNACK FOODS CORP COM 466032109 1,304 10,000 SH   DFND   10,000 0 0
LAMB WESTON HOLDINGS INC COM 513272104 1,458 22,000 SH   DFND   22,000 0 0
LANCASTER COLONY CORP COM 513847103 1,573 8,800 SH   DFND   8,800 0 0
MONOLITHIC POWER SYSTEMS INC COM 609839105 1,118 4,000 SH   DFND   4,000 0 0
NEXTERA ENERGY INC COM 65339F101 3,053 11,000 SH   DFND   11,000 0 0
PGT INNOVATIONS INC COM 69336V101 788 45,000 SH   DFND   45,000 0 0
PS BUSINESS PARKS INC/CA COM 69360J107 1,297 10,600 SH   DFND   10,600 0 0
POOL CORP COM 73278L105 1,773 5,300 SH   DFND   5,300 0 0
REPUBLIC SERVICES INC COM 760759100 3,734 40,000 SH   DFND   40,000 0 0
SAFETY INSURANCE GROUP INC COM 78648T100 967 14,000 SH   DFND   14,000 0 0
SALESFORCE.COM INC COM 79466L302 4,272 17,000 SH   DFND   17,000 0 0
HEALTH CARE SELECT SECTOR SBI HEALTHCARE 81369Y209 9,177 87,000 SH   DFND   87,000 0 0
CONSUMER STAPLES SPDR SBI CONS STPLS 81369Y308 5,897 92,000 SH   DFND   92,000 0 0
TECHNOLOGY SELECT SECT SPDR TECHNOLOGY 81369Y803 5,835 50,000 SH   DFND   50,000 0 0
SERVICE CORP INTERNATIONAL COM 817565104 1,679 39,800 SH   DFND   39,800 0 0
WEBSTER FINANCIAL CORP COM 947890109 1,400 53,000 SH   DFND   53,000 0 0
XYLEM INC COM 98419M100 1,682 20,000 SH   DFND   20,000 0 0
INTERCONTINENTAL EXCHANGE IN COM 45866F104 1,701 17,000 SH   DFND   17,000 0 0
THERMO FISHER SCIENTIFIC INC COM 883556102 4,415 10,000 SH   DFND   10,000 0 0
ETSY INC COM 29786A106 608 5,000 SH   DFND   5,000 0 0
FACEBOOK INC-CLASS A CL A 30303M102 1,571 6,000 SH   DFND   6,000 0 0
UNITEDHEALTH GROUP INC COM 91324P102 935 3,000 SH   DFND   3,000 0 0
HELEN OF TROY LTD COM G4388N106 639 3,300 SH   DFND   3,300 0 0
ESSENTIAL UTILITIES INC COM 29670G102 604 15,000 SH   DFND   15,000 0 0
MICROSOFT CORP COM 594918104 4,417 21,000 SH   DFND   21,000 0 0
NEOGENOMICS INC COM NEW 64049M209 1,402 38,000 SH   DFND   38,000 0 0
ISHARES RUSSELL 2000 ETF RUSSELL 2000 ETF 464287655 3,445 23,000 SH   DFND   23,000 0 0
INVESCO S&P SMALLCAP HEALTH S&P SMLCP HELT 46138E149 661 5,005 SH   DFND   5,005 0 0
WEST PHARMACEUTICAL SERVICES COM 955306105 852 3,100 SH   DFND   3,100 0 0
ITRON INC COM 465741106 850 14,000 SH   DFND   14,000 0 0
WD-40 CO COM 929236107 1,609 8,500 SH   DFND   8,500 0 0
ALEXION PHARMACEUTICALS INC COM 015351109 1,144 10,000 SH   DFND   10,000 0 0
T-MOBILE US INC COM 872590104 3,431 30,000 SH   DFND   30,000 0 0
MASIMO CORP COM 574795100 567 2,400 SH   DFND   2,400 0 0
OTIS WORLDWIDE CORP COM 68902V107 3,152 50,500 SH   DFND   50,500 0 0
JPMORGAN CHASE & CO COM 46625H100 5,006 52,000 SH   DFND   52,000 0 0
ROYAL GOLD INC COM 780287108 481 4,000 SH   DFND   4,000 0 0
BARNES GROUP INC COM 067806109 1,001 28,000 SH   DFND   28,000 0 0
CHART INDUSTRIES INC COM PAR $0.01 16115Q308 1,405 20,000 SH   DFND   20,000 0 0
AON PLC-CLASS A SHS CL A G0403H108 3,920 19,000 SH   DFND   19,000 0 0
BOOT BARN HOLDINGS INC COM 099406100 1,126 40,000 SH   DFND   40,000 0 0
OFG BANCORP COM 67103X102 1,209 97,000 SH   DFND   97,000 0 0
MGM RESORTS INTERNATIONAL COM 552953101 3,045 140,000 SH   DFND   140,000 0 0
SPDR PORTFOLIO S&P 500 GROWT PRTFLO S&P500 GW 78464A409 8,018 160,000 SH   DFND   160,000 0 0
SPDR S&P 500 ETF TRUST TR UNIT 78462F103 7,368 22,000 SH   DFND   22,000 0 0
SPDR PORTFOLIO S&P 500 HIGH PRTFLO S&P500 HI 78468R788 2,740 100,000 SH   DFND   100,000 0 0
SPDR PORTFOLIO S&P 500 ETF PORTFOLIO S&P500 78464A854 11,805 300,000 SH   DFND   300,000 0 0
COMM SERV SELECT SECTOR SPDR COMMUNICATION 81369Y852 3,920 66,000 SH   DFND   66,000 0 0
FOX FACTORY HOLDING CORP COM 35138V102 297 4,000 SH   DFND   4,000 0 0
LOWE'S COS INC COM 548661107 2,654 16,000 SH   DFND   16,000 0 0
CAVCO INDUSTRIES INC COM 149568107 397 2,200 SH   DFND   2,200 0 0