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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
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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
ALIBABA GROUP HLDG LTD SPONSORED ADS 01609W102   9,810,506 96,012 SH   DFND   96,012 0 0
AMAZON COM INC COM 023135106   741,829 7,182 SH   DFND   7,182 0 0
APPLE INC COM 037833100   527,185 3,197 SH   DFND   3,197 0 0
BAIDU INC SPON ADR REP A 056752108   1,506,483 9,982 SH   DFND   9,982 0 0
BHP GROUP LTD SPONSORED ADS 088606108   5,109,388 80,577 SH   DFND   80,577 0 0
BILIBILI INC SPONS ADS REP Z 090040106   2,914,282 124,012 SH   DFND   124,012 0 0
CNH INDL N V SHS N20944109   532,419 34,867 SH   DFND   34,867 0 0
COMPUGEN LTD ORD M25722105   56,206 80,066 SH   DFND   80,066 0 0
DOLE PLC ORD SHS G27907107   1,116,451 95,098 SH   DFND   95,098 0 0
ENLIVEX THERAPEUTICS LTD COM M4130Y106   65,032 17,866 SH   DFND   17,866 0 0
EURONAV NV SHS B38564108   218,606 13,020 SH   DFND   13,020 0 0
FERRARI N V COM N3167Y103   712,301 2,629 SH   DFND   2,629 0 0
FIRST SOLAR INC COM 336433107   306,240 1,408 SH   DFND   1,408 0 0
GLOBAL X FDS LITHIUM BTRY ETF 37954Y855   4,067,200 64,000 SH   DFND   64,000 0 0
GOLDEN OCEAN GROUP LTD SHS NEW G39637205   500,685 52,593 SH   DFND   52,593 0 0
GRAB HOLDINGS LIMITED CLASS A ORD G4124C109   45,150 15,000 SH   DFND   15,000 0 0
HALEON PLC SPON ADS 405552100   493,170 60,586 SH   DFND   60,586 0 0
HUB CYBER SECURITY LTD ORD SHS M6000J101   115,935 89,181 SH   DFND   89,181 0 0
ISHARES INC MSCI BRAZIL ETF 464286400   547,107 19,982 SH   DFND   19,982 0 0
ISHARES INC MSCI STH KOR ETF 464286772   13,971,567 228,219 SH   DFND   228,219 0 0
ISHARES INC MSCI HONG KG ETF 464286871   712,592 34,676 SH   DFND   34,676 0 0
ISHARES INC MSCI TAIWAN ETF 46434G772   17,047,842 376,083 SH   DFND   376,083 0 0
ISHARES INC MSCI JPN ETF NEW 46434G822   1,694,674 28,875 SH   DFND   28,875 0 0
ISHARES TR CHINA LG-CAP ETF 464287184   21,641,946 732,880 SH   DFND   732,880 0 0
ISHARES TR CORE US AGGBD ET 464287226   22,800,223 228,826 SH   DFND   228,826 0 0
ISHARES TR IBOXX INV CP ETF 464287242   1,874,550 17,102 SH   DFND   17,102 0 0
ISHARES TR IBOXX HI YD ETF 464288513   1,752,080 23,191 SH   DFND   23,191 0 0
ISHARES TR MSCI CHINA ETF 46429B671   2,949,896 59,128 SH   DFND   59,128 0 0
JD.COM INC SPON ADR CL A 47215P106   3,924,293 89,412 SH   DFND   89,412 0 0
KINGSOFT CLOUD HLDGS LTD ADS 49639K101   131,092 14,746 SH   DFND   14,746 0 0
LEONARDO DRS INC COM 52661A108   693,986 53,507 SH   DFND   53,507 0 0
LI AUTO INC SPONSORED ADS 50202M102   5,748,355 230,395 SH   DFND   230,395 0 0
LOGITECH INTL S A SHS H50430232   845,354 14,560 SH   DFND   14,560 0 0
MICROSOFT CORP COM 594918104   2,034,245 7,056 SH   DFND   7,056 0 0
NETEASE INC SPONSORED ADS 64110W102   356,590 4,032 SH   DFND   4,032 0 0
NETFLIX INC COM 64110L106   1,934,688 5,600 SH   DFND   5,600 0 0
NIKE INC CL B 654106103   1,106,213 9,020 SH   DFND   9,020 0 0
NOMURA HLDGS INC SPONSORED ADR 65535H208   492,503 129,606 SH   DFND   129,606 0 0
NVIDIA CORPORATION COM 67066G104   454,154 1,635 SH   DFND   1,635 0 0
ORAMED PHARMACEUTICALS INC COM NEW 68403P203   247,487 113,526 SH   DFND   113,526 0 0
ORMAT TECHNOLOGIES INC COM 686688102   496,583 5,858 SH   DFND   5,858 0 0
PAYPAL HLDGS INC COM 70450Y103   218,252 2,874 SH   DFND   2,874 0 0
QIAGEN NV SHS NEW N72482123   477,626 10,399 SH   DFND   10,399 0 0
SELECT SECTOR SPDR TR ENERGY 81369Y506   7,389,099 89,208 SH   DFND   89,208 0 0
SELECT SECTOR SPDR TR FINANCIAL 81369Y605   13,449,888 418,348 SH   DFND   418,348 0 0
SONY GROUP CORPORATION SPONSORED ADR 835699307   2,903,882 32,034 SH   DFND   32,034 0 0
SUMITOMO MITSUI FINL GROUP I SPONSORED ADR 86562M209   874,144 109,268 SH   DFND   109,268 0 0
TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS 874039100   6,815,761 73,272 SH   DFND   73,272 0 0
TESLA INC COM 88160R101   3,058,583 14,743 SH   DFND   14,743 0 0
TRIP COM GROUP LTD ADS 89677Q107   3,648,980 96,867 SH   DFND   96,867 0 0
UBS GROUP AG SHS H42097107   309,601 14,508 SH   DFND   14,508 0 0
XPENG INC ADS 98422D105   3,611,861 325,100 SH   DFND   325,100 0 0
ZAI LAB LTD ADR 98887Q104   958,121 28,807 SH   DFND   28,807 0 0