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
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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
BARRICK GOLD CORP COM 067901108   557 30,000 SH   DFND   30,000 0 0
ALPHABET INC-CL A COM 02079K305   3,994 38,500 SH   DFND   38,500 0 0
AMAZON.COM INC COM 023135106   2,789 27,000 SH   DFND   27,000 0 0
AMERICAN WATER WORKS CO INC COM 030420103   1,025 7,000 SH   DFND   7,000 0 0
APPLE INC COM 037833100   2,309 14,000 SH   DFND   14,000 0 0
APPLIED MATERIALS INC COM 038222105   1,965 16,000 SH   DFND   16,000 0 0
ATMOS ENERGY CORP COM 049560105   787 7,000 SH   DFND   7,000 0 0
BOYD GAMING CORP COM 103304101   705 11,000 SH   DFND   11,000 0 0
WALT DISNEY CO/THE COM 254687106   1,702 17,000 SH   DFND   17,000 0 0
DOLLAR GENERAL CORP COM 256677105   2,778 13,200 SH   DFND   13,200 0 0
EASTGROUP PROPERTIES INC COM 277276101   1,984 12,000 SH   DFND   12,000 0 0
EXLSERVICE HOLDINGS INC COM 302081104   1,295 8,000 SH   DFND   8,000 0 0
EXXON MOBIL CORP COM 30231G102   4,935 45,000 SH   DFND   45,000 0 0
FEDERAL SIGNAL CORP COM 313855108   759 14,000 SH   DFND   14,000 0 0
GLOBUS MEDICAL INC - A CL A 379577208   612 10,800 SH   DFND   10,800 0 0
HORACE MANN EDUCATORS COM 440327104   1,356 40,500 SH   DFND   40,500 0 0
INTEGRA LIFESCIENCES HOLDING COM 457985208   712 12,400 SH   DFND   12,400 0 0
INTUIT INC COM 461202103   1,917 4,300 SH   DFND   4,300 0 0
INTUITIVE SURGICAL INC COM NEW 46120E602   588 2,300 SH   DFND   2,300 0 0
ISHARES MSCI KOKUSAI ETF MSCI KOKUSAI ETF 464288265   15,927 181,600 SH   DFND   181,600 0 0
ISHARES CORE US REIT ETF CRE U S REIT ETF 464288521   973 19,300 SH   DFND   19,300 0 0
J & J SNACK FOODS CORP COM 466032109   2,223 15,000 SH   DFND   15,000 0 0
LAMB WESTON HOLDINGS INC COM 513272104   836 8,000 SH   DFND   8,000 0 0
LANCASTER COLONY CORP COM 513847103   568 2,800 SH   DFND   2,800 0 0
NEXTERA ENERGY INC COM 65339F101   2,698 35,000 SH   DFND   35,000 0 0
REPUBLIC SERVICES INC COM 760759100   2,028 15,000 SH   DFND   15,000 0 0
SAFETY INSURANCE GROUP INC COM 78648T100   1,416 19,000 SH   DFND   19,000 0 0
SALESFORCE INC COM 79466L302   3,596 18,000 SH   DFND   18,000 0 0
HEALTH CARE SELECT SECTOR SBI HEALTHCARE 81369Y209   4,402 34,000 SH   DFND   34,000 0 0
TECHNOLOGY SELECT SECT SPDR TECHNOLOGY 81369Y803   6,720 44,500 SH   DFND   44,500 0 0
SERVICE CORP INTERNATIONAL COM 817565104   619 9,000 SH   DFND   9,000 0 0
XYLEM INC COM 98419M100   1,675 16,000 SH   DFND   16,000 0 0
META PLATFORMS INC-CLASS A CL A 30303M102   1,378 6,500 SH   DFND   6,500 0 0
UNITEDHEALTH GROUP INC COM 91324P102   1,890 4,000 SH   DFND   4,000 0 0
HELEN OF TROY LTD COM G4388N106   761 8,000 SH   DFND   8,000 0 0
ESSENTIAL UTILITIES INC COM 29670G102   611 14,000 SH   DFND   14,000 0 0
MICROSOFT CORP COM 594918104   4,036 14,000 SH   DFND   14,000 0 0
NEOGENOMICS INC COM NEW 64049M209   348 20,000 SH   DFND   20,000 0 0
ISHARES RUSSELL 2000 ETF RUSSELL 2000 ETF 464287655   749 4,200 SH   DFND   4,200 0 0
WEST PHARMACEUTICAL SERVICES COM 955306105   1,386 4,000 SH   DFND   4,000 0 0
ITRON INC COM 465741106   943 17,000 SH   DFND   17,000 0 0
WD-40 CO COM 929236107   356 2,000 SH   DFND   2,000 0 0
T-MOBILE US INC COM 872590104   1,014 7,000 SH   DFND   7,000 0 0
MASIMO CORP COM 574795100   480 2,600 SH   DFND   2,600 0 0
OTIS WORLDWIDE CORP COM 68902V107   1,815 21,500 SH   DFND   21,500 0 0
JPMORGAN CHASE & CO COM 46625H100   1,433 11,000 SH   DFND   11,000 0 0
ROYAL GOLD INC COM 780287108   649 5,000 SH   DFND   5,000 0 0
BARNES GROUP INC COM 067806109   1,249 31,000 SH   DFND   31,000 0 0
CHART INDUSTRIES INC COM 16115Q308   1,254 10,000 SH   DFND   10,000 0 0
BOOT BARN HOLDINGS INC COM 099406100   766 10,000 SH   DFND   10,000 0 0
OFG BANCORP COM 67103X102   399 16,000 SH   DFND   16,000 0 0
MGM RESORTS INTERNATIONAL COM 552953101   666 15,000 SH   DFND   15,000 0 0
FOX FACTORY HOLDING CORP COM 35138V102   850 7,000 SH   DFND   7,000 0 0
HEALTHCARE SERVICES GROUP COM 421906108   527 38,000 SH   DFND   38,000 0 0
PDC ENERGY INC COM 69327R101   1,412 22,000 SH   DFND   22,000 0 0
MAXLINEAR INC COM 57776J100   845 24,000 SH   DFND   24,000 0 0
EVERTEC INC COM 30040P103   1,181 35,000 SH   DFND   35,000 0 0
ISHARES S&P 500 VALUE ETF S&P 500 VAL ETF 464287408   1,214 8,000 SH   DFND   8,000 0 0
RAYTHEON TECHNOLOGIES CORP COM 75513E101   2,644 27,000 SH   DFND   27,000 0 0
ISHARES CORE S&P SMALL-CAP E CORE S&P SCP ETF 464287804   3,288 34,000 SH   DFND   34,000 0 0
SPDR S&P 600 SMALL CAP ETF S&P 600 SML CAP 78464A813   3,235 38,500 SH   DFND   38,500 0 0
SCHLUMBERGER LTD COM 806857108   737 15,000 SH   DFND   15,000 0 0
INTERFACE INC COM 458665304   650 80,000 SH   DFND   80,000 0 0
BANK OF AMERICA CORP COM 060505104   744 26,000 SH   DFND   26,000 0 0
TE CONNECTIVITY LTD SHS H84989104   918 7,000 SH   DFND   7,000 0 0
ILLUMINA INC COM 452327109   1,512 6,500 SH   DFND   6,500 0 0
MARTIN MARIETTA MATERIALS COM 573284106   1,420 4,000 SH   DFND   4,000 0 0
TARGET CORP COM 87612E106   497 3,000 SH   DFND   3,000 0 0
ANSYS INC COM 03662Q105   2,330 7,000 SH   DFND   7,000 0 0
ANI PHARMACEUTICALS INC COM 00182C103   596 15,000 SH   DFND   15,000 0 0
LANTHEUS HOLDINGS INC COM 516544103   1,569 19,000 SH   DFND   19,000 0 0
MARSH & MCLENNAN COS COM 571748102   2,665 16,000 SH   DFND   16,000 0 0
SUPERNUS PHARMACEUTICALS INC COM 868459108   1,159 32,000 SH   DFND   32,000 0 0
NASDAQ INC COM 631103108   929 17,000 SH   DFND   17,000 0 0
PAYPAL HOLDINGS INC COM 70450Y103   1,899 25,000 SH   DFND   25,000 0 0
MORGAN STANLEY COM NEW 617446448   88 1,000 SH   DFND   1,000 0 0
PHILIP MORRIS INTERNATIONAL COM 718172109   1,945 20,000 SH   DFND   20,000 0 0
CONAGRA BRANDS INC COL 205887102   714 19,000 SH   DFND   19,000 0 0
CISCO SYSTEMS INC COM 17275R102   1,568 30,000 SH   DFND   30,000 0 0
MCDONALD'S CORP COM 580135101   2,516 9,000 SH   DFND   9,000 0 0
PROCTER & GAMBLE CO/THE COM 742718109   2,007 13,500 SH   DFND   13,500 0 0
AUTOZONE INC COM 053332102   1,229 500 SH   DFND   500 0 0
CORTEVA INC COM 22052L104   1,206 20,000 SH   DFND   20,000 0 0
OLLIE'S BARGAIN OUTLET HOLDI COM 681116109   753 13,000 SH   DFND   13,000 0 0
BLOCK INC CL A 852234103   1,991 29,000 SH   DFND   29,000 0 0
INGEVITY CORP COM 45688C107   429 6,000 SH   DFND   6,000 0 0
GILEAD SCIENCES INC COM 375558103   1,908 23,000 SH   DFND   23,000 0 0
DEXCOM INC COM 252131107   2,440 21,000 SH   DFND   21,000 0 0
TESLA INC COM 88160R101   1,452 7,000 SH   DFND   7,000 0 0
VANGUARD S&P SMALL-CAP 600 E SMLLCP 600 IDX 921932828   2,841 32,000 SH   DFND   32,000 0 0