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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
SELECT SECTOR SPDR TR SBI HEALTHCARE 81369Y209   13,435,003 155,300 SH   DFND 34 155,300 0 0
SELECT SECTOR SPDR TR SBI CONS STPLS 81369Y308   19,269,487 379,470 SH   DFND 34 379,470 0 0
SELECT SECTOR SPDR TR ENERGY 81369Y506   2,544,620 44,370 SH   DFND 34 44,370 0 0
SELECT SECTOR SPDR TR SBI INT-FINL 81369Y605   9,213,576 386,800 SH   DFND 34 386,800 0 0
SELECT SECTOR SPDR TR SBI INT-INDS 81369Y704   285,980 4,440 SH   DFND 34 4,440 0 0