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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
ALCON AG ORD SHS H01301128   25,630,529 256,126 SH   DFND   256,126 0 0
ALIBABA GROUP HLDG LTD SPONSORED ADS 01609W102   1,119,248 10,547 SH   DFND   10,547 0 0
AMAZON COM INC COM 023135106   252,850 1,357 SH   DFND   1,357 0 0
ASTRAZENECA PLC SPONSORED ADR 046353108   952,995 12,232 SH   DFND   12,232 0 0
B2GOLD CORP COM 11777Q209   572,880 186,000 SH Call DFND   0 0 0
BANCO SANTANDER S.A. ADR 05964H105   1,029,930 201,947 SH   DFND   201,947 0 0
BHP GROUP LTD SPONSORED ADS 088606108   1,116,924 17,983 SH   DFND   17,983 0 0
BORR DRILLING LTD SHS G1466R173   95,526 17,400 SH   DFND   17,400 0 0
BP PLC SPONSORED ADR 055622104   737,665 23,500 SH   DFND   23,500 0 0
BRITISH AMERN TOB PLC SPONSORED ADR 110448107   1,092,608 29,869 SH   DFND   29,869 0 0
CAPRI HOLDINGS LIMITED SHS G1890L107   252,518 5,950 SH   DFND   5,950 0 0
CNH INDL N V SHS N20944109   713,619 64,290 SH   DFND   64,290 0 0
CRH PLC ORD G25508105   15,487,580 167,000 SH Call DFND   0 0 0
DEUTSCHE BANK A G NAMEN AKT D18190898   10,788,025 623,225 SH   DFND   623,225 0 0
ENDAVA PLC ADS 29260V105   379,065 14,842 SH   DFND   14,842 0 0
EPAM SYS INC COM 29414B104   1,009,878 5,074 SH   DFND   5,074 0 0
EURONAV NV SHS B38564108   213,235 12,830 SH   DFND   12,830 0 0
FERRARI N V COM N3167Y103   21,147,898 44,985 SH   DFND   44,985 0 0
FERRARI N V COM N3167Y103   15,701,674 33,400 SH Put DFND   0 0 0
FERRARI N V COM N3167Y103   7,897,848 16,800 SH Call DFND   0 0 0
FERROVIAL SE ORD SHS N3168P101   210,249 4,868 SH   DFND   4,868 0 0
FLUTTER ENTMT PLC SHS G3643J108   12,338,560 52,000 SH Call DFND   0 0 0
FORD MTR CO COM 345370860   139,445 13,205 SH   DFND   13,205 0 0
FRONTLINE PLC COM M46528101   337,426 14,767 SH   DFND   14,767 0 0
GLOBANT S A COM L44385109   975,840 4,925 SH   DFND   4,925 0 0
HSBC HLDGS PLC SPON ADR NEW 404280406   1,503,516 33,271 SH   DFND   33,271 0 0
ING GROEP N.V. SPONSORED ADR 456837103   450,368 24,800 SH   DFND   24,800 0 0
LEVI STRAUSS & CO NEW CL A COM STK 52736R102   507,024 23,258 SH   DFND   23,258 0 0
MARA HOLDINGS INC COM 565788106   1,622,000 100,000 SH   DFND   100,000 0 0
META PLATFORMS INC CL A 30303M102   572,440 1,000 SH   DFND   1,000 0 0
NETEASE INC SPONSORED ADS 64110W102   564,707 6,039 SH   DFND   6,039 0 0
NIKE INC CL B 654106103   5,304,000 60,000 SH   DFND   60,000 0 0
NOKIA CORP SPONSORED ADR 654902204   7,174,212 1,641,696 SH   DFND   1,641,696 0 0
NOVARTIS AG SPONSORED ADR 66987V109   2,921,508 25,400 SH   DFND   25,400 0 0
PVH CORPORATION COM 693656100   1,244,847 12,346 SH   DFND   12,346 0 0
QIAGEN NV SHS NEW N72482149   4,918,735 107,938 SH   DFND   107,938 0 0
RALPH LAUREN CORP CL A 751212101   1,219,636 6,291 SH   DFND   6,291 0 0
SANOFI SPONSORED ADR 80105N105   259,335 4,500 SH   DFND   4,500 0 0
SELECT SECTOR SPDR TR ENERGY 81369Y506   1,273,100 14,500 SH   DFND   14,500 0 0
SHELL PLC SPON ADS 780259305   3,273,494 49,636 SH   DFND   49,636 0 0
SPDR SER TR S&P RETAIL ETF 78464A714   1,553,800 20,000 SH   DFND   20,000 0 0
STELLANTIS N.V SHS N82405106   193,235,115 13,753,389 SH   DFND   13,753,389 0 0
STELLANTIS N.V COM N82405106   43,266,975 3,079,500 SH Put DFND   0 0 0
STELLANTIS N.V COM N82405106   25,823,900 1,838,000 SH Call DFND   0 0 0
STMICROELECTRONICS N V NY REGISTRY 861012102   288,738 9,712 SH   DFND   9,712 0 0
TOTALENERGIES SE SPONSORED ADS 89151E109   555,667 8,599 SH   DFND   8,599 0 0
UBS GROUP AG SHS H42097107   737,791 23,869 SH   DFND   23,869 0 0
V F CORP COM 918204108   1,475,582 73,964 SH   DFND   73,964 0 0
VANECK ETF TRUST SEMICONDUCTR ETF 92189F676   490,900 2,000 SH   DFND   2,000 0 0
WOODSIDE ENERGY GROUP LTD SPONSORED ADR 980228308   1,606,199 93,167 SH   DFND   93,167 0 0